Crypto Breaking News

Katie Hubbard, president of US capital markets for Walton Global, said that the higher end of the housing market is still doing well as high income clients are still paying to buy and build homes. Hubbard said that despite efforts to make home buying more affordable for the wide public, it is hard for federal efforts to increase housing supply to make an impact.

Jeff Sherman, Deputy Chief Investment officer at DoubleLine Capital, joined the program to analyze recent developments in the U.S. Treasury market. The discussion focused on recent moves in Treasury yields, including a notable drop in the 10-year yield by 10 basis points to just above 4.3%. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Bloomberg's Mandeep Singh previews Micron earnings and the larger tech environment as companies at the forefront of AI forecast massive earnings. Singh said he finds similarities between the hold oil companies have on energy prices with how chip companies have a control of AI memory and are unlikely to increase that capacity as they bring in money.

Dan Mendelson, CEO of Morgan Health, highlighted the disproportionate impact of rising health insurance costs on small businesses in the U.S., citing premium increases of 20-25% as a significant challenge. He explained that cost drivers include expensive new medical technologies like GLP-1 drugs and labor costs, which constitute about 70% of hospital expenses. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Micron the largest US maker of computer memory chips, delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of the components sent prices soaring.  Bloomberg Intelligence Semiconductor Analyst Jake Silverman and Host of Bloomberg Tech Ed Ludlow react saying the earnings show Micron's pricing power.

Daryl Fairweather, Chief Economist at Redfin, discusses the bipartisan Road to Housing Act, which President Trump has opposed despite its passage by a veto-proof majority. The bill represents a significant federal effort to address the national housing supply shortage by tying federal funding to local governments' plans to increase housing supply and streamline zoning and permitting processes. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

Skilled immigrants who obtained an education and built careers in the US are increasingly wondering whether, amid restrictive US policies, opportunities they sought in America can be had elsewhere.

Deepwater Asset Management Managing Partner Gene Munster breaks down Micron earnings on "Bloomberg The Close." He says hyperscalers will grow faster for longer than investors expected.

Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring. Revenue is projected to be $50 billion for the fiscal fourth quarter. Earnings come in at $25.31. Matt Bryson of Wedbush Securities reacts.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Bloomberg's Carmen Arroyo joins Dani Burger and Scarlet Fu on "Bloomberg Deals." It's been a challenging year for Tesla shareholders, losing 15% while watching Elon Musk's SpaceX complete the biggest initial public offering ever and immediately become the most valuable entity in the newly minted trillionaire's collection.

Raj Ganguly, co-founder and co-CEO of B Capital, joins Dani Burger on "Bloomberg Deals." They discuss how the use case for software is not going away and Ganguly's belief that enterprise services are the next wave AI growth.