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Bloomberg
Financial

Premium Sports Content Is Here To Stay: Fmr Hulu and Netflix Executive Simon Gallagher

Simon Gallagher of SPG Global discussed NBC regaining MLB rights and the league's growing mix of broadcast and streaming distribution, including Peacock. He said the biggest issue is fragmentation: with roughly 2,500 baseball games, it is hard for viewers to figure out where a specific game is available, since rights are spread across multiple platforms. He speaks with Romaine Bostick on "The Close."

Read more: Premium Sports Content Is Here To Stay: Fmr Hulu and Netflix Executive Simon Gallagher
Bloomberg
Financial

Rockefeller's Ruchir Sharma Warns AI Bubble To Burst After 10-Year Yield Hits 5%

Ruchir Sharma, Chairman at Rockefeller International and Founder and CIO of Breakout Capital, warns that rising Treasury yields could become a danger zone for the AI trade. Sharma's recent column arguing that a 5% level on the 10-year yield could potentially derail the AI boom, notes that yields are now meaningfully above that threshold and asking what 5.2% implies for the sector. He speaks with Romaine Bostick & Emily Graffeo on "The Close."

Read more: Rockefeller's Ruchir Sharma Warns AI Bubble To Burst After 10-Year Yield Hits 5%
Bloomberg
Financial

Libby Leffler on Nvidia Buyback, State of AI Trade

Libby Leffler says Nvidia's new system designed to keep AI agents from "going awry" is a positive step in the right direction. She argued that buybacks "don't lie" and said the day's weakness in markets looked more like a macro-driven move tied to oil, Treasury yields and broader AI-news sentiment than a problem with Nvidia's underlying model. She speaks to Romaine Bostick & Emily Graffeo on "The Close."

Read more: Libby Leffler on Nvidia Buyback, State of AI Trade
Bloomberg
Financial

Trump's Grip On The GOP Slips As Midterm Worry Sets In

With Midterms a little over a month away, more data is coming forward showing if and by how much of a 'blue wave' will take place on election day. Erin Covey, editor at the Cook Political Report, said she expects Democrats to win control of the House and that "Republican enthusiasm is still quite low."

Read more: Trump's Grip On The GOP Slips As Midterm Worry Sets In
Bloomberg
Financial

Trump, Anthropic CEO Take AI Safety Debate to Dinner

President Donald Trump and Anthropic CEO Dario Amodei met for dinner as their opposing views on AI safety increasingly shape the debate over how quickly the technology should advance. Amodei has called for "pacing" development of the most advanced models and stronger guardrails, while President Trump has pushed back against slowing AI development as the US races to stay ahead of China. Bloomberg's Mike Shepard discusses what's known about the meeting with Ed Ludlow on "Bloomberg Tech."

Read more: Trump, Anthropic CEO Take AI Safety Debate to Dinner
Bloomberg
Financial

Starship Reaches Orbit in Major SpaceX Milestone

Former SpaceX Starship software manager and Revel CEO Scott Morton calls the rocket's first trip to orbit a "monumental step forward," despite an engine failure during ascent. Morton, who spent nearly a decade at SpaceX before founding Revel, explains the software and automation behind Starship, why engineers will spend months analyzing data from the flight, and how the program's ultimate ambition of building a rapidly reusable vehicle capable of taking humans to Mars was part of the vision from its earliest days. He joins Ed Ludlow on "Bloomberg Tech."

Read more: Starship Reaches Orbit in Major SpaceX Milestone
Bloomberg
Financial

Nvidia Boosts Share Buyback Authorization by $150 Billion

Matthew Bloxham, Bloomberg Intelligence Senior Media and Tech Analyst, joined Bloomberg's Paul Sweeney and Scarlet Fun to talk about the top tech stories of the day, including Nvidia's new systems and buybacks. Nvidia Corp., the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by $150 billion, increasing the total remaining amount authorized to $235 billion. Nvidia will complete the buyback through fiscal 2028, the Santa Clara, California-based company said in a statement on Monday.

Read more: Nvidia Boosts Share Buyback Authorization by $150 Billion