Crypto Breaking News

Major tech leaders took to social media to tout the benefits of open-weight AI models in a letter signed by Nvidia, Meta, Microsoft, Andreessen Horowitz and others. This comes as Moonshot's Kimi K3 has been shaking the AI industry, with the debate intensifying over China's latest AI breakthroughs and the rise of open-weight models. Michelle Giuda, CEO of the Krach Institute for Tech Diplomacy at Purdue, joins Ed Ludlow on "Bloomberg Tech" to discuss why the US needs to accelerate its own open-weight AI ecosystem.

Dr. Jennifer Doudna won the Nobel Prize for pioneering gene-editing technology CRISPR. Today, Scribe Therapeutics, the company she co-founded, just raised $128.7 million in its IPO for a much bigger ambition: using CRISPR to prevent heart disease. Scribe Therapeutics co-founder and Scientific Advisor Jennifer Doudna joins Ed Ludlow on "Bloomberg Tech" from the Nasdaq.

Singapore Exchange CEO Boon Chye Loh says the exchange plans to launch new MSCI-linked derivatives by year-end. He tells Dani Burger and Isabelle Lee on Bloomberg Open Interest that about 50 companies are in SGX's IPO pipeline. Bloomberg has collaborations with SGX.

President Trump says the US will immediately start a Section 301 investigation into the European Union's practice of "'ROBBING' American Companies and, in turn, the American Taxpayer," after the EU fined US tech companies. Bloomberg's Jeff Mason joins Balance of Power to discuss.

US President Donald Trump threatened a fresh set of tariffs on products from the European Union in response to the bloc's $1 billion ( 890 million) fine of Alphabet Inc.'s Google. Jeff Mason reports on Bloomberg Television.

Dan Ives Partner and Senior Managing Director at Yorkville Ives & Co joined Bloomberg Intelligence to discuss Intel and preview next week's tech earnings. He said that Intel's becoming the comeback kid and that for the first time in 30 years, the US is ahead of China when it comes tech.

Edward Yardeni, Yardeni Research president, says the Federal Reserve may need to raise rates three times to solve the inflation problem. He speaks on "Bloomberg Money."

Edward Yardeni, Yardeni Research president, says he's still betting on the resilience of the US economy. Right now, Yardeni says he has a case of "FEMO," or fabulous earnings momentum. He speaks on "Bloomberg Money."

New-home sales in the US climbed in June for the first time in three months as heavy builder discounting helped offset high mortgage rates and subdued consumer sentiment. The median sales price also fell 2.7%. Bloomberg's Michael McKee reports.

Economists continue to expect the Federal Reserve's next move will be an interest-rate cut even as financial markets price in higher borrowing costs by the end of the year. Forecasters in a Bloomberg survey see the US central bank cutting its benchmark rate by 25 basis points in the third quarter of 2027. Alex Morris, CIO at F/M Investments, discusses the Fed's path forward amid growing concerns of political influence.

Spiking energy prices, more US tariffs and mushrooming spending on artificial intelligence are reawakening investors' inflation fears. That triple whammy of potentially price-stoking phenomena hitting the global economy all at once has arrived at a sensitive time. Just as central bankers were seeing some relief on the inflation outlook, the situation has swung back again. Erin McLaughlin, Economist at The Conference Board, discusses the latest round of US tariffs and how they are set to impact economic activity and inflation.

Major tech leaders explained the benefits of open weight AI models, in a letter signed by NVIDIA, Meta, Microsoft, Andreessen Horowitz and others. 'Everybody's Business' podcast hosts Max Chafkin and Stacey Vanek Smith, discuss the letter and what it means for the expanding AI market.