Meta Rallies as New Muse Wonder Model Heats up AI Race | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Hema Parmar, Carol Massar and Tim Stenovec.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Hema Parmar, Carol Massar and Tim Stenovec.
Matthew Bielski, founder and CEO at Defiance ETFs, joins Scarlet Fu and Eric Balchunas on "ETF IQ". They discuss the Defiance Autism Impact ETF (ticker: ASD) and Bielski's personal family story tied to autism.
Roughly $750 billion. That's how much Meta Platforms Inc., Amazon.com Inc., Microsoft Corp. and Google owner Alphabet Inc. are expected to devote to capital expenditures this year alone. That's more than the entire gross domestic product of Ireland or Belgium. More than half of what all of the companies in the S&P 500 Index spent in total last year. Enough to cut a $5,500 check for every household in the US. Ian King, Bloomberg News US Semiconductor Reporter & Lynn Doan, Bloomberg News Managing Editor for Technology, join Businessweek Daily to break down the true cost of a single data center.
Jodie Gunzberg, head of index services at FutureSports, joins Scarlet Fu and Eric Balchunas on "ETF IQ". They discuss the CME FutureSports Performance Indexes, which measure cumulative team performances by using statistics and turning it into a numerical index value. MLB on Monday joined the NHL in having indexes track each team. Multiple firms have filed to use these indexes as ETFs.
Ryan O'Connor, CEO of Global X, joins Scarlet Fu and Eric Balchunas on "ETF IQ".
VistaShares portfolio manager and DVX Ventures principal David Fetherstonhaugh says investors are increasingly looking for proof that massive AI spending is generating returns. He discusses why private companies like OpenAI and Anthropic leave a key part of the AI economy opaque and how their eventual IPOs could bring greater transparency to the ecosystem. He joins Ed Ludlow on "Bloomberg Tech."
Cisco is partnering with Nvidia on a new generation of optical networking technology designed to handle the exploding amount of data moving through AI data centers. Cisco President and Chief Product Officer Jeetu Patel explains why increasingly powerful AI agents could consume far more network bandwidth than humans performing the same tasks, and how faster, more power-efficient connections could help hundreds of thousands of GPUs operate together while lowering the cost of AI. He joins Ed Ludlow on "Bloomberg Tech."
Microsoft is installing the latest version of its Maia chips in data centers to power its AI software using mostly homegrown hardware. The company expects to stock multiple gigawatts of its Maia chips, with the Maia 300 starting to roll out next year. Bloomberg's Matt Day joins Ed Ludlow on "Bloomberg Tech."
Federal Reserve Bank of Cleveland President Beth Hammack pointed to smaller, more frequent policy adjustments to help inflation expectations remain anchored. At an event in Cleveland Monday, Hammack stopped short of backing a rate increase this month, but said, "When feasible, I generally think it's preferable to make smaller adjustments, and to do so relatively quickly, rather than to wait and risk needing a larger course correction."
Oil rose as Ukraine cast doubt on an "energy ceasefire" touted by US President Donald Trump. Saudi Arabia suffered its deadliest strikes since the Iran war began, with new drone and cruise missile assaults posing fresh security threats to the kingdom. Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, joins Bloomberg Intelligence to discuss.
Ukraine should have free rein to strike targets in Russia as the war drags on, said President Donald Trump's former envoy to Kyiv. Keith Kellogg spoke to Bloomberg's Oliver Crook at the Warsaw Security Forum on Monday.
Ukraine should have free rein to strike targets in Russia in response to Moscow's war, said President Donald Trump's former envoy to Kyiv Keith Kellogg. He made the comments in an interview with BTV's Oliver Crook at the Warsaw Security Forum on Monday.
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