CryptoBreaking News

Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market.

SpaceX filed publicly for its initial public offering, moving Elon Musk's rocket, satellite and artificial intelligence company a step closer to delivering the world's biggest-ever debut. Anthony Hughes, Bloomberg News Equity Capital Markets Reporter joins to discuss.

Elon Musk's SpaceX has filed papers to go public on the Nasdaq under the symbol SPCX. SpaceX is targeting as much as $75 billion in its listing at a valuation of more than $2 trillion, people familiar with the matter have said. Ed Ludlow reports on "Bloomberg The Close."

Nvidia reports earnings of $1.87 per share for the fiscal 1Q topping estimates of $1.77. Revenue for the quarter ending in July is projected to be $91 billion, compared with Wall Street estimates of about $87.4 billion. Bloomberg's Romaine Bostick and Matt Bryson of Wedbush Securities discuss.

Nvidia, the world's most valuable company, disappointed investors with its latest sales forecast, adding to concerns about growing competition in the AI chip industry. Bloomberg's Ed Ludlow joins to discuss.

Erica Brescia, Redpoint Ventures managing director, reacts to Nvidia's first-quarter earnings report and explains why she is still bullish on the stock. She speaks on "Bloomberg The Close."

Paulina McPadden, investment manager of international concentrated growth strategy at Baillie Gifford, discusses where Nvidia sits in the global chip ecosystem and why US-based AI researchers and companies still have a leg up for the long-term over China, while still seeing a "rich hunting ground" for AI investment outside of the US. She joins Ed Ludlow on "Bloomberg Tech."

Airbnb Chief Executive Officer Brian Chesky says he's trying to build "an ecosystem of services" for customers. The company will help guests arrange for luggage storage, food delivery and car rentals. He speaks on "Bloomberg The Close."

SoftBank has committed more than $60 billion to OpenAI to date, with founder Masayoshi Son reportedly convinced Sam Altman is leading the most important technology shift of the century. But as rival Anthropic gains ground, questions are growing - even inside SoftBank - about whether the company may be too heavily tied to OpenAI's success. Bloomberg's Peter Elstrom joins Ed Ludlow on "Bloomberg Tech."

Amca, which offers an integrated platform to rapidly develop and manufacture critical aerospace and defense components, announced a $300 million Series B valuing the company at more than $1 billion. Amca CEO Jai Malik joins Ed Ludlow on "Bloomberg Tech."

OpenAI is preparing to file for an initial public offering in the coming weeks and is targeting a public debut sometime in the fall. The exact timing remains uncertain. The ChatGPT creator, co-founded by Sam Altman, is one of the world's most valuable and powerful AI companies. Bloomberg's Ed Ludlow has all the details.

Wally Cheng, head of global technology M&A at Morgan Stanley, and Tammy Kiely, senior managing director in technology investment banking at Evercore, join Dani Burger on "Bloomberg Deals."