AustraliaBreaking News

Bloomberg's Paige Smith joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Walmart is one of the last remaining merchants that's been able to hold out against the swell of Apple Pay in recent years. Now, it's pushing a fledgling alternative to its huge trove of customers and employees.

Bloomberg's Bernard Goyder joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Crypto finance conglomerate Galaxy Digital Inc. has launched a trading desk to offer large investors better access to prediction markets via over-the-counter derivatives similar to those used in markets from interest rates to commodities.

Bloomberg Intelligence's Nathan Dean joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Jamie Dimon took aim at Coinbase Global CEO Brian Armstrong, and vowed to fight back against digital-asset legislation making its way through Congress.

Anthropic has confidentially filed to go public, pulling ahead of rival OpenAI in the IPO race, this as SpaceX gets ready to IPO this month. Emily Zheng, a senior venture capital research analyst at PitchBook, says "we are in unchartered territory" in terms of how "gargantuan" these mega IPOs are. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Goldman Sachs CEO David Solomon says a boom in equity markets is being driven by an appetite for profit that's outweighing fears about economic disruption and inflation risks. He speaks during an appearance at the Economic Club of New York.

Kyle Kondik, Managing Editor of Sabato's Crystal Ball at University of Virginia's Center for Politics joined Balance of Power as six states with 74 congressional districts hold primaries today. In California, this is the first election under the state's revamped congressional map enacted by Democrats last year in response to mid-decade gerrymandering in Texas and other Republican states. California Democrats could win up to 48 districts, a net gain of five that would lift their chances of winning a House majority.

Elisa Ewers, Senior Fellow for Middle East studies at the Council on Foreign Relations, joined Balance of Power to discuss the recent developments from the Middle East. Ewers said the US naval blockade of Iran can continue for some time but a cost of other military priorities.

Computex in Taiwan is putting the spotlight on the companies building the hardware behind the AI boom. One of those companies is Perplexity, which took the stage with Intel to unveil the world's first "hybrid local/server agentic inference orchestrator." Perplexity CEO Aravind Srinivas joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Anthropic PBC pulled ahead of OpenAI with its confidential IPO filing Monday, as the free-spending artificial intelligence startups battle for a fundraising edge that's set to determine who will win the ultimate battle for computing power. The oneupmanship in the firms' private funding rounds, and now their progress toward going public, isn't just about bragging rights. The risk for both firms is that the first to tap the US market's unparalleled depth and liquidity will gain an immediate advantage in securing access to the chips, data centers and talent needed to build their AI models. With Elon Musk looking to turbocharge SpaceX's nascent AI offerings by strapping them to a hyperscaler with a chipmaker joint venture and doing an IPO, OpenAI and Anthropic can't risk falling behind. Bloomberg Intelligence's Matthew Bloxham takes a closer look.

Impulse Space, led by SpaceX alumnus Tom Mueller, just nabbed a $4 billion valuation after the company raised $500 million to scale its 'space tugs,' or spacecraft that can haul satellites across different orbits. Impulse Space Founder and CEO Tom Mueller joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Elon Musk's SpaceX is negotiating to pay razor-thin fees to Wall Street firms handling its IPO but banks are still likely to rake in about $500 million from the record-setting market debut. Musk's space and artificial-intelligence conglomerate is negotiating to pay less than 0.75% for the $75 billion it aims to drum up in an initial public offering this month, according to people with knowledge of the matter. Even at that low spread, it will likely amount to one of the biggest fee events ever for Wall Street firms that arrange public listings. The lead banks  Goldman Sachs Group Inc. and Morgan Stanley  are positioned to take in a bigger share of the fee pool than the other 21 brokers involved. For more, we speak with Sri Natarajan, Chief Wall Street Correspondent for Bloomberg News.

A revival of the artificial-intelligence trade kept fueling Wall Street momentum, with stocks also rising on hopes for an agreement that would end the war that has roiled financial markets around the world. Francois Trahan, Chief Investment Strategist at BMO Capital Markets, discusses the macro forces that could alter market consensus.