Crypto Breaking News

Broadcom is lining up another massive bet on AI. Bloomberg has learned the chipmaker is in talks to raise more than $60 billion in debt to help Anthropic and others secure chips and computing power. The deal highlights a bigger concern hanging over the AI trade: the cost of funding it all. Erica Klauer, Science and Technology Partners founder and CIO, discusses concerns around circular financing and why the AI buildout is so challenging. She joins Ed Ludlow on "Bloomberg Tech."

Anthropic is aiming for an IPO that could make history, expecting to match or even top SpaceX's record-setting debut, according to sources. The maker of Claude could file publicly by the end of this month. The company raised $65 billion in May at a $965 billion valuation. Bloomberg's Shirin Ghaffary, who leads coverage of Anthropic, and Bloomberg's Liana Baker, who leads the deals team, join Ed Ludlow on "Bloomberg Tech."

US Chief Justice John Roberts said President Donald Trump can keep building his new White House ballroom for now while the Supreme Court considers issuing a longer-term order blessing continued construction of the massive structure. Bloomberg's June Grasso joins to discuss.

Sarah Bianchi, senior managing director at Evercore ISI and former deputy US trade representative, joined Balance of Power to discuss the upcoming tariff deadline. Bianchi said that after the US strikes a tariff deal with Canada, Mexico will likely ask for similar relief.

Former Canadian Deputy Prime Minister Chrystia Freeland, talks about the importance of Canada reaching a trade deal with the US. She says putting permanent tariffs on Canadian steel and aluminum will hurt the US, especially car manufacturers in Detroit. She speaks on Bloomberg Television's Wall Street Week With David Westin, to which she is a regular contributor.

Ann Miletti, head of equity investments and chief diversity officer at Allspring Global Investments, says she is keeping expectations low heading into the Jackson Hole Symposium and sees it posing a greater near-term market risk than Nvidia earnings. She speaks with Dani Burger on "Bloomberg Open Interest."

Rebecca Patterson, Council on Foreign Relations senior fellow, talks about how volatility in the bond market is impacting retail investors on "Bloomberg Money."

Walmart Inc.'s quarterly sales fell short of expectations, a rare miss that's likely to stoke concern about the leading big-box retailer decelerating alongside a slow-growing US economy. Sales at US stores open at least a year, excluding fuel, rose 2.6% in the second quarter, shy of the lowest analyst estimate compiled by Bloomberg. That rate of growth hindered primarily by pricing pressure in its pharmacy business is the slowest in more than six years. Walmart shares fell as much as 10%, the most intraday since 2022, in New York trading on Thursday, erasing a modest year-to-date gain through the previous day's close. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.

Early Anthropic investor Anjney Midha unloads on traditional venture capital, arguing firms failed investors by missing the AI revolution. He explains why he's still buying Anthropic, predicts public markets will embrace frontier AI, and reveals why Stripe's OpenRouter acquisition may really be a massive bet on securing the agentic internet.

After a turbulent stretch for the US bond market, traders headed into Friday's session with questions about what Treasury Secretary Scott Bessent's next move will be.  Kevin Gordon, Head of Macro Research & Strategy at Schwab Center for Financial Research, discusses the bond buyback announcement and impact on the market.

The US bond buyback pledge that whipsawed markets this week is prompting comparisons with policies in Japan, where efforts to contain borrowing costs resulted in prolonged currency weakness. The dollar is trading at a three-month low and is on track for its worst week this month. Geoffrey Yu, Senior EMEA Strategist at BNY, discusses the treasury buy backs and the dollar's resilience in correlated selloffs.

Bridgeway Capital CEO John Montgomery joins Bloomberg Open Interest to talk about why small-cap value ETFs could be poised for a comeback after years of large-cap dominance. He breaks down the advantage active ETFs can have in less-liquid stocks, why valuations look compelling, and why AI still isn't a guaranteed source of investing alpha.