Crypto Breaking News

BlackRock Chair and CEO Larry Fink suggests the demand for computing power is so large that a new asset class will spring up. He speaks at the Milken Institute Global Conference in Beverly Hills, California.

Citadel's former Chief Technology Officer Umesh Subramanian is joining private investment firm Motive Partners, where he will lead its artificial-intelligence push. Subramanian and Motive's founder Rob Heyvaert speak to Bloomberg's Dani Burger at the Milken Global Conference.

Carlyle Co-President John Redett joins Bloomberg's Dani Burger at the Milken Conference to break down a $5B liquidity strategy that aims to reshape private equity. He explains what's really behind the industry's exit slowdown, and pushes back on the AI investment frenzy saying diversification wins over hype.

EQT's CEO Per Franzen joins Dani Burger at the Milken Conference to break down how AI is reshaping private markets. He reveals why scale is now essential, how EQT is investing in AI infrastructure, and why the future belongs to firms that can balance internal expertise with external partnerships.

US job openings were little changed in March, with available positions falling slightly to 6.87 million from a revised 6.92 million in February. Mike McKee reports on "Bloomberg Open Interest."

JPMorgan Chase & Co.'s Anu Aiyengar, global head of advisory and M&A, speaks to Bloomberg's Dani Burger at the Milken Conference in Beverly Hills. She says dealmaking was "challenging" in April due to Iran war, but she says clients are still looking for big deals.

Anu Aiyengar, JPMorgan's head of M&A talks to Bloomberg's Dani Burger at the Milken Conference in Beverly Hills. She reveals why the market is exploding with megadeals despite global uncertainty. From massive scale advantages to hidden valuation gaps, she breaks down why big companies are getting bigger, and why volatility isn't stopping them.

The value of imports rose by 2.3% while exports increased 2% in March from the prior month. The trade gap now stands at $60.3 billion. Bloomberg's Michael McKee has the data breakdown.

Torsten Slok, chief economist at Apollo Global Management, expects that productivity gains from artificial intelligence will probably result in more jobs being created than are lost, similar to the effects after China joined the World Trade Organization.

Duke Energy's CFO Brian Savoy joins Bloomberg Open Interest to break down a strong earnings beat and explains why the company isn't raising guidance yet. He reveals how AI data center demand is reshaping the power grid. He says the real edge is Duke's  "speed to power" strategy that gets customers online years faster while managing grid strain.

Italian cable maker Prysmian is scouting the market for a potential acquisition, Chief Executive Officer Massimo Battaini told Bloomberg TV on Tuesday. Potential targets could be similar in size to Encore Wire acquired in 2024 with an enterprise value of around 4 billion ($4.68 billion). Battaini spoke on "The Pulse with Francine Lacqua" on Bloomberg TV.

Jorge Leon, senior VP and head of geopolitical analysis at Rystad Energy, says demand destruction has begun in the global oil market due to the Iran war and looks at the potential for additional supplies coming to the market if prices remain at elevated levels.