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Bloomberg
Financial

Indexes That Track Your Favorite NHL, MLB's Team Performance

Jodie Gunzberg, head of index services at FutureSports, joins Scarlet Fu and Eric Balchunas on "ETF IQ". They discuss the CME FutureSports Performance Indexes, which measure cumulative team performances by using statistics and turning it into a numerical index value. MLB on Monday joined the NHL in having indexes track each team. Multiple firms have filed to use these indexes as ETFs.

Read more: Indexes That Track Your Favorite NHL, MLB's Team Performance
Bloomberg
Financial

How the OpenAI, Anthropic IPOs Could Lift the Veil on AI Economics

VistaShares portfolio manager and DVX Ventures principal David Fetherstonhaugh says investors are increasingly looking for proof that massive AI spending is generating returns. He discusses why private companies like OpenAI and Anthropic leave a key part of the AI economy opaque and how their eventual IPOs could bring greater transparency to the ecosystem. He joins Ed Ludlow on "Bloomberg Tech."

Read more: How the OpenAI, Anthropic IPOs Could Lift the Veil on AI Economics
Bloomberg
Financial

Cisco, Nvidia Tackle AI's Growing Data Center Bottleneck

Cisco is partnering with Nvidia on a new generation of optical networking technology designed to handle the exploding amount of data moving through AI data centers. Cisco President and Chief Product Officer Jeetu Patel explains why increasingly powerful AI agents could consume far more network bandwidth than humans performing the same tasks, and how faster, more power-efficient connections could help hundreds of thousands of GPUs operate together while lowering the cost of AI. He joins Ed Ludlow on "Bloomberg Tech."

Read more: Cisco, Nvidia Tackle AI's Growing Data Center Bottleneck
Bloomberg
Financial

Fed's Hammack Prefers Smaller, Frequent Rate Adjustments

Federal Reserve Bank of Cleveland President Beth Hammack pointed to smaller, more frequent policy adjustments to help inflation expectations remain anchored. At an event in Cleveland Monday, Hammack stopped short of backing a rate increase this month, but said, "When feasible, I generally think it's preferable to make smaller adjustments, and to do so relatively quickly, rather than to wait and risk needing a larger course correction."

Read more: Fed's Hammack Prefers Smaller, Frequent Rate Adjustments
Bloomberg
Financial

Oil Advances on Threats to Supply From Russia to Middle East

Oil rose as Ukraine cast doubt on an "energy ceasefire" touted by US President Donald Trump. Saudi Arabia suffered its deadliest strikes since the Iran war began, with new drone and cruise missile assaults posing fresh security threats to the kingdom. Michelle Brouhard, Head of Policy and Geopolitical Risk at Kpler, joins Bloomberg Intelligence to discuss.

Read more: Oil Advances on Threats to Supply From Russia to Middle East
Bloomberg
Financial

Anthropic AI Model Goes Rogue, Gives Cops a Fake Tip

Anthropic PBC said its Claude AI model went rogue and carried out unintended actions on the digital systems of outside organizations. In one example, the AI model gave police in Philadelphia a fake tip on a homicide case. The police took no action. Other unintended behaviors were also noted. Bloomberg's Ed Ludlow reports.

Read more: Anthropic AI Model Goes Rogue, Gives Cops a Fake Tip