Elon Musk's SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports.
Ed Yardeni, one of the biggest stock bulls on Wall Street, talks about why he's slashing his year-end forecast for the S&P 500 Index to 7,900 from 8,400. He also says the Federal Reserve could raise interest rates two more times this year. Yardeni says Iran is likely to wreak havoc and keep oil prices elevated. He speaks on "Bloomberg Surveillance."
Rajiv Shah, President of the Rockefeller Foundation, said that the foundation's recent poll shows there is a 'big disconnect' between what people want and what they feel they're getting from their leaders across the world. Shah said that the United States' standing has also fallen internationally as the Trump administration pulled back on deploying international humanitarian aid.
Seema Shah, Principal Asset Management chief global strategist, says markets may be pricing in one more rate hike this year, but October looks likely to be a hold because of the timing of the midterm elections and the possibility of inflation data turns sharply worse. (Corrects name of guest's firm.)
Seema Shah, Principal Global Investors chief strategist, says markets may be pricing in one more rate hike this year, but October looks likely to be a hold because of the timing of the midterm elections and the possibility of inflation data turns sharply worse.
Jessica Taylor, Senate and governors editor at the Cook Political Report, said that the economy, including high prices at the pump and the grocery store, is overshadowing every culture war issue for voters in the midterms. Taylor also said that for key races in some states like Michigan and Texas, it could come down to candidate quality and the baggage candidates are carrying.
As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg's California reporter Francesca Maglione joins Ed Ludlow on "Bloomberg Tech."
Databricks CEO Ali Ghodsi is pushing back on fears that AI poses an existential threat to humanity, calling that risk "close to zero" while warning that the technology presents a very real and growing cybersecurity challenge. He discusses why AI is dramatically shortening the time it takes attackers to exploit vulnerabilities, how Databricks is preparing for those threats, and why the current period of rapid technological change reinforces his preference to keep the company private for now. He joins Ed Ludlow on "Bloomberg Tech."
In the last few weeks AI Leaders have urged a slow down in the rapid advancement of AI, while President Trump rebuffs these concerns. Danish Nagda, Founder and CEO at Rezilient Health joins to discuss the future of AI as well as Xi Jinping's upcoming visit to the White House.
Croatian National Bank Governor Ante Žigman told BTV's Oliver Crook that the ECB must get inflation under control, otherwise it "can jeopardize the growth." He made the comments on Thursday in his first interview with international media since taking office in June.
With mortgage rates hovering around 7%. Dynex Capital Co-CEO Smriti Popenoe joins Bloomberg Open Interest to explain why Treasury yields, government borrowing and hyperscaler debt are driving long-term rates and outlines the Fed policy changes that could help unlock America's frozen housing market.
Interparfums CEO Jean Madar explains why tariff uncertainty isn't slowing the company's US ambitions, how TikTok and e-commerce are transforming the way consumers buy fragrance, and why men's scents could be one of beauty's biggest growth opportunities.
