Qualcomm CFO Akash Palkhiwala discusses the company's deal to create customized chips for Amazon Web Services' AI infrastructure. Speaking on "Bloomberg The Close," Palkhiwala also comments on Qualcomm's AI data center strategy and the future of smartphones.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.
Bloomberg's Ben Weiss joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Despite failing to get a license in Europe, it's business as usual for Binance in Europe. The firm is still operating in the region due to a number of workarounds and side doors under the EU's Markets in Crypto-Assets Regulatory framework, better known as MiCA.
Michigan Democratic US Senate candidate Abdul El-Sayed says President Donald Trump is Mike Rogers' "Daddy." El-Sayed has been critical of Rogers, his Republican opponent, for bowing to Trump's wishes. El-Sayed also talks about healthcare and the cost of living with Kailey Leinz on "Balance of Power."
Bloomberg Intelligence's Dushyant Shahrawat, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." A blockchain used by several cryptocurrency exchanges to move Bitcoin was hacked for $320 million, the latest in a spate of breaches to shake confidence in digital-asset security.
Bloomberg's Carmen Reinicke said that thousands of SpaceX shares are set to come back into the market as the Nasdaq 100 index goes through rebalancing and the space company sees more stock lockup expirations. Reinicke called the potential for stock movement 'really substantial' and said that SpaceX's weight in the Nasdaq 100 will only continue to rise until all available shares are bought.
Jess Houlgrave, CEO of WalletConnect, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discus the importance of the Clarity Act and how regulation affects her business.
Ryan VanGrack, vice chair and head of corporate affairs at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss Coinbase taking the first regulatory step toward letting US investors make leveraged, round-the-clock bets on stocks without owning them. VanGrack also talked about US regulation and Anthony Armstrong joining Coinbase.
Bloomberg's Mark Gurman said that the foldable phone expected to be announced by Apple this week has been 'a long time coming' for the company after Tim Cook took inspiration from similar phones he saw on a 2020 trip to Asia. Gurman said that the stakes for Apple's new product releases are high because every issue a new product has could be detrimental to the brand and its reputation.
Mike Belshe, co-founder & CEO of BitGo, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." A company tied to World Liberty Financial, the Trump family's crypto venture, received preliminary conditional approval for a national trust bank charter from a federal regulator. It would no longer need its current issuer BitGo Bank & Trust.
Mike Belshe, co-founder & CEO of BitGo, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss the need for the passage of the Clarity Act in the US.
Melinda Haring, nonresident senior fellow at the Atlantic Council, said the war in Ukraine shows no signs of slowing and could drag on for another three to four years. Haring said that Putin is hoping to run out the clock on Ukraine by getting into complicated negotiations and undermining the idea of any Ukrainian sovereignty.
