Australiacos

Akamai CEO Tom Leighton joined Bloomberg Open Interest to break down a massive $1.8 billion AI cloud deal. Leighton said he could not give details on who the deal is with. He explains why it signals a shift away from big tech hyperscalers and how edge computing is becoming essential for stopping AI-powered cyberattacks, cutting costs, and delivering faster performance.

SoftBank is scaling back plans for a $10 billion margin loan backed by its OpenAI stake after creditors voiced some hesitation. Matthew Bloxham of Bloomberg Intelligence has more.

Roozbeh Charli, chief executive officer of Swedish firm Einride, discusses how platform-driven logistics, electric trucks, and autonomous systems are transforming global freight, and why humans still play a critical role. He speaks to Bloomberg's Tom Mackenzie.

Commerzbank CEO Bettina Orlopp discusses the company's performance as the lender lifted its guidance for profit this year and outlined more job cuts. Orlopp also discusses the hostile takeover attempt by UniCredit, saying it would put a lot of revenue at risk. She speaks on Bloomberg Television.

Rene Haas, chief executive officer of Arm Holdings Plc, says demand for AI-related products is buoying the company amid a slowdown in its smartphone business. He speaks with Caroline Hyde on "Bloomberg Tech."

Citigroup issued new guidance showing it would take the lender more time to catch up to Wall Street peers than some investors hoped for. Sridhar Natarajan reports on Bloomberg Television.

Ark Invest CEO and CIO Cathie Wood joined Bloomberg's Carol Massar and Joe Mathieu at the Milken Institute Global Conference in Beverley Hills, California. She talks about a potential IPO for Elon Musk's SpaceX, Musk investing more in chips, the need for data centers and the growth of AI stocks.

Technology companies are selling bonds anywhere they can to help pay for their gusher of spending on artificial intelligence, according to Matt Brill, head of North America investment-grade credit for Invesco. He speaks on "Bloomberg Surveillance."

Walt Disney Co. beat Wall Street expectations in the fiscal second quarter thanks to improved profitability at its streaming business, new movies, and guests spending more at the company's resorts and on cruises. Geetha Ranganathan of Bloomberg Intelligence has more.

Novo Nordisk said this year's declines won't be as bad as initially expected thanks to the new Wegovy pill, which helped fuel sales in the first quarter. For the year, the worst drop for both profit and sales will be 12%, compared with 13% earlier. Bloomberg's Sanne Wass reports from Copenhagen.