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Bloomberg

Companies Move to Secure Data as AI Increases Security Risks

Michael Cardaci, CEO of FedHIVE said that the government is moving 'faster than its ever moved before' to secure data and make sure that US computing companies are compliant in case of national security risks as AI use ramps up. Cardaci said that the US government is focused on keeping US technology inside of its borders as the race for global AI dominance heats up.

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Bloomberg

Fmr. Disney Exec: Media Consolidating Around New Model

Kevin Mayer, former Walt Disney Direct-to-Consumer & International Chair, discusses Fox's recent $22 billion acquisition of Roku, highlighting a significant strategic move from traditional media towards streaming. Fox, which previously lacked a major streaming platform, aims to strengthen its position by integrating Roku's streaming service alongside its existing ad-supported streamer, Tubi. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Fmr. Lululemon CIO on AI's Impact on C-Suites, Jobs

Julie Averill, former CIO of Lululemon, REI, and Nordstrom, discusses this shift in the context of her new book, "Chief Impact Officer," which offers a fresh perspective on leadership amid the ongoing technological revolution. Averill brings her extensive experience scaling Lululemon's revenue to over $10 billion to the conversation, emphasizing the critical role of AI adoption in maintaining job security and driving organizational impact. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

JPM Asset Mgt. CEO: AI Can Power Markets for Some Time

George Gatch, CEO of JPMorgan Asset Management, discussed the current excitement surrounding mega-cap initial public offerings (IPOs) in the technology sector. He emphasized the strong innovation and investment opportunities these IPOs present, describing the trend as a 'rising tide that is lifting all boats.' He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Deep Fission Opens At $16 a Share As The US Turns To Nuclear Energy

Liz Muller, Co-Founder and CEO of Deep Fission AND Will Wade, Bloomberg News Energy Reporter join Bloomberg Businessweek Daily to discuss Deep Fission's Nasdaq trading debut and the states of the nuclear industry in the US. Nuclear has regained public support in the AI era. The fuel source is capable of delivering 24/7 power on its own, unlike wind and solar. But while small modular reactors have tantalized hyperscalers and governments hoping to win the AI race, the technology has yet to break through on electric grids.

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Bloomberg

Goldman's Pullen Ross: PE 'Actively Engaged' in Sports

Nicole Pullen Ross, Northeast Region Head & Head of Sports and Entertainment Solutions at Goldman Sachs, discusses the evolving landscape of US sports and the athletes driving their growing popularity. She highlighted her role in creating a division at Goldman Sachs dedicated to helping professional athletes manage their wealth by applying strategies typically used by C-suite executives. she speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Warsh Builds Credibility, Had to Sound Hawkish: Patton

Jamie Patton, co-head of global rates at TCW, and Mark Cabana, co-head of global rates research at BofA Securities, join Scarlet Fu on "Real Yield." Federal Reserve Chairman Kevin Warsh vowed to restore price stability following his first policy meeting since taking the helm of the US central bank, after officials left interest rates unchanged and signaled growing support for rate hikes this year.

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Bloomberg

The Electric Grid Is 'Not Going To Work' As Is For Data Centers Says FERC's Swett

The chair of the Federal Energy Regulatory Commission Laura Swett joined Balance of Power joined to discuss the power demand for datacenters. She said interventionist and unprecedented action will be needed to connect power-hungry data centers to US grids while protecting consumers,Without changes, the country's electric grids are "not going to work."

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