Aswath Damodaran, Professor of Finance at NYU Stern School of Business, discusses the evolving landscape of AI investments following Nvidia's latest earnings report. He describes the current phase as AI's "bar mitzvah moment," where investors are shifting from valuing companies based on future promises to requiring concrete evidence of progress. He speaks with Romaine Bostick & Mandeep Singh on "The Close."
Jack Ablin, Founding Partner and Chief Investment Strategist at Cresset, a $260 billion family office, joined the discussion to provide insights on Nvidia's recent stock performance. Ablin also touched on Nvidia's recent earnings report and a significant data center lease agreement with terms of 15 years, indicating strong business fundamentals supporting the company's outlook.. He speaks with Romaine Bostick on "The Close."
Steve Case, Revolution Chair & CEO, & AOL Co-Founder, reflects on the evolution of community building from the early days of AOL's digital chat rooms to today's increasing demand for real-world connections. He highlights how the rise of AI and digital interactions has sparked renewed interest and investment in physical communities, particularly in real estate and hospitality sectors. He speaks with Romaine Bostick on "The Close."
Revolution CEO Steve Case says AI will disrupt a wide range of industries and business models, advising investors to seek assets that have better durability. Speaking with Romaine Bostick on "Bloomberg's The Close," Case points to real estate and hospitality as areas attracting investment.
Gary Marcus, NYU Emeritus Professor of Psychology and Neural Science, discusses the recently rumored total addressable market (TAM) figures presented by AI companies like Anthropic, which suggest a market size comparable to the entire U.S. GDP. He expresses skepticism about the realism of such enormous valuations and market opportunities, noting that while AI impacts many areas, not everyone is using or satisfied with it. He speaks with Romaine Bostick & Emily Graffeo on "The Close."
Bloomberg's Sridhar Natarajan joins Dani Burger on "Bloomberg Deals." TWG Global, the holding company at the heart of Mark Walter's empire, defended itself against what it called "multipronged attacks" on its business as regulators and US prosecutors continue to probe the firm.
Alex Bazzell, CEO and co-founder Unrivaled, joins Dani Burger on "Bloomberg Deals." Unrivaled, the 3-on-3 women's basketball league founded by WNBA stars Breanna Stewart and Napheesa Collier. The league, founded in 2023, now has a valuation of $650 million, nearly doubling from September 2025.
Maria Goodpaster, Partner at McKinsey & Company, Kate Dorsey, Managing Director at Stonepeak, and Melissa Kalka, M&A, Private Equity Partner at Kirkland & Ellis, join Dani Burger on "Bloomberg Deals" to discuss data-center dealmaking.
Meta Platforms Inc. said it agreed to pay up to $18 billion in landmark settlements to resolve social media claims from US states that would require the company to make major changes to how it operates platforms like Facebook and Instagram. Bloomberg News Investigative Reporter Olivia Carville and Bloomberg Tech Host Ed Ludlow break down the announced agreement and what it means for the tech giant.
Moody's Analytics Chief Economist Mark Zandi says Nvidia's earnings prove that the AI investment cycle is a "juggernaut" and critical to economic growth on "Balance of Power: Evening Edition."
Bloomberg's Laura Benitez joins Dani Burger on "Bloomberg Deals." Private equity managers are using structured equity deals to placate investors frustrated by a lack of cash returns, as many firms struggle to exit investments and send money back to investors.
Nvidia, the chipmaker at the heart of the artificial intelligence boom, delivered a sales forecast that fell short of the highest estimates, adding to investor concerns that AI spending is poised for a slowdown. Revenue in the current period will be $108 billion, plus or minus 2%, the company said in a statement Wednesday. Though analysts had estimated $105.2 billion on average, some projections exceeded $110 billion, according to data compiled by Bloomberg. Kunjan Sobjani, Bloomberg Intelligence Senior Semiconductor Analyst and Bloomberg Tech Host Ed Ludlow react to earnings
