Bloomberg News and Videos — Page 874

Peter Atwater, president of Financial Insyghts, said that fallout from the Iran war is 'disproportionately' impacting those at the bottom of the 'K-shaped economy' as Americans feel the crunch of higher energy prices. Atwater says that the US has a 'Downton Abbey' economy, where those at the top can get anything delivered and prepared by others and don't see what is happening below.

OpenAI has completed a deal to raise $122 billion from investors at an $852 billion valuation, marking the company's largest funding round to date. Shirin Ghaffary has more on "Bloomberg The Close."

Hamilton Lane Co-CEO Erik Kirsch discusses the state of private credit, highlighting the vastness of the asset class and the issues with painting it with too broad of a brush. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."

Hagar Chemali, Former-Director for Syria and Lebanon at the National Security Council, and CEO and Founder of Greenwich Media Strategies says she doesn't envision a result where Iran retains control of the Strait of Hormuz. On Tuesday, Iranian President Masoud Pezeshkian reiterated that Iran wants certain requirements to be met before it ends the war against the US and Israel. On March 25, the country outlined those five points, which haven't been changed since. They are summarized here: A complete halt to US and Israeli attacks on Iran The conclusion of the war across all fronts, including conflicts against Iran-backed groups throughout the Middle East Pledges that the US and Israel won't attack Iran again in future, including the establishment of mechanisms to ensure this Payment of war damages and reparations International recognition of Iran's sovereign right to exercise authority over the Strait of Hormuz

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Bailey Lipschultz, Katie Greifeld, Carol Massar and Tim Stenovec.

Muddy Waters Capital founder and CEO Carson Block says investors are underestimating the risk AI poses to the labor market and US economy. Speaking on "Bloomberg The Close," Block also comments on credit spreads and where he is finding investment opportunities.

Jason Trost, CEO of Smarkets, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the recent pushback against prediction markets.

Electric bike startup Also, which spun out of carmaker Rivian, reached a $1 billion valuation in a new funding round and struck a partnership with DoorDash to work on autonomous deliveries. Also's co-founder and President Chris Yu speaks with Matt Miller on "Bloomberg Tech."

The US-Israeli war on Iran has put a new focus on the country's cryptocurrency market, which citizens and authorities have turned to for storing and sending money during turmoil. Chainalysis Inc. CEO and co-founder Jonathan Levin talks about it on Bloomberg Crypto.

NASA says there's an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg's Loren Grush is there with more on what to watch for.