Crypto Breaking News

Nike Inc. shares tumbled after the retailer gave a surprisingly gloomy outlook for the year ahead, complicating Chief Executive Officer Elliott Hill's efforts to turn around the business. Revenue is expected to decline 2% to 4% in the current quarter and will be down in the low single-digits for the rest of the calendar year, management told investors on an earnings call Tuesday evening. Analysts surveyed by Bloomberg had been looking for 2% sales growth this quarter and bigger gains as the year progressed. Bloomberg Retail Reporter Lily Meier joins Paul Sweeney and Scarlet Fu on Bloomberg Intelligence to discuss.

NASA astronauts are poised to lift off Wednesday on a 10-day journey that will slingshot them around the moon, marking humanity's return to the lunar vicinity for the first time in more than half a century. The crew's Lockheed Martin Corp.-built Orion capsule, perched atop the Boeing Co.-made Space Launch System rocket, is set to launch at 6:24 p.m. local time from Kennedy Space Center in Florida.  Bloomberg's Ed Ludlow spoke with Congressman Mike Haridopolos, Republican representing Florida's 8th District ahead of the launch at the Kennedy Space Center.

Former Vice President Mike Pence says Iran has been a problem for 47 years and he's glad President Donald Trump "pulled the trigger" and took action against the regime. He said on Balance of Power. Pence also said it's imperative to finish the job in Iran to wipe out its nuclear weapons capability and deter any future threats to the US and our allies.

American artist Jeff Koons talks about his iconic Balloon Dog sculptures and the costs that come with making them. He discusses his process, the scale of the work, and the investment required to produce these pieces. Koons appears on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded February 2 in New York.

Jeff Koons, known for his paintings and sculptures like Play-Doh, talks about where he got his inspiration. He also explains how anyone can participate in the dialogue of art. Koons is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded February 2 in New York.

NASA's Artemis II is set to launch, returning astronauts to the moon's vicinity for the first time in 50 years. Bloomberg's Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on "Bloomberg Tech."

Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on "Bloomberg Tech."

The speed of AI-enabled cyber attacks will be too fast for humans alone to counter, says Armadin CEO Kevin Mandia. He joins Tim Stenovec on "Bloomberg Tech."

Tom Miles, Morgan Stanley global co-head of M&A, comments on the current state of M&A activity amid elevated energy prices and the ongoing global uncertainty during an interview with Dani Burger on Bloomberg Television.

SpaceX filed confidentially for an initial public offering, according to people familiar with the matter. It's expected to be the biggest-ever listing. Bloomberg Tech's Ed Ludow explains what it means for the markets.

Bain Capital managing partner David Gross says his team sees AI opportunities "like a kid in a candy shop." He discusses his approach to AI investing, labor trends, and credit funds facing redemptions with Dani Burger on "Bloomberg Deals."

Ken Smythe, Founder of Next Round Capital joins Bloomberg Open Interest to break down the surprising shift in AI investing. He explains why OpenAI shares are flooding the market, how Anthropic is emerging as a stronger financial bet, and why OpenAI's massive $122B funding round may not be as real as it sounds.