Dell Technologies Inc. shares jumped in extended trading after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Michael Monaghan, partner and portfolio manager for Founder Etfs, says Dell dominates the supply chain and keeps innovating. He joins "Bloomberg The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, and Tim Stenovec.
Phong Le, CEO and president of Strategy, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Strategy resumed Bitcoin purchases after a 10-week pause, returning to its signature accumulation strategy after the crypto bear market pressured its shares, weakened confidence in the financing model and prompted a balance-sheet overhaul.
Indiana Republican Congressman Marlin Stutzman said that his party is feeling 'very optimistic' that they can retain control of both the House and the Senate in the midterms, but acknowledged that candidates have work to do on the campaign trail to make it happen. The congressman also discussed US strikes in Iran, saying that the Iranian regime is trying to drag the conflict out as long as possible.
Dan Morehead, founder & managing partner at Pantera Capital joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss US Treasury Secretary Bessent's bond announcement, the future of digital asset treasuries, and crypto trading.
Dan Morehead, Pantera Capital founder and managing partner, talks about Treasury Secretary Scott Bessent's plan to ramp up buybacks of long-dated government debt. "The only way a bluff works is if nobody at the poker table knows you are bluffing, and to slide an extra $2 billion of poker chips out onto the table...when you are a forced seller...it backfired," he said on Bloomberg Crypto.
"The only way a bluff works is if nobody at the poker table knows you are bluffing, and to slide an extra $2 billion of poker chips out onto the table...when you are a forced seller...it backfired." Dan Morehead talks about Bessent's bond plan.
Pennsylvania Democrat Madeleine Dean, who sits on the House Foreign Affairs Committee, said the US and its Middle Eastern allies 'are all less safe as a result of this war in Iran' and called the president's messaging around the war 'extremely reckless.' The congresswoman also weighed in on the potential for increased sanctions against Russia, saying that she does not think that the bill will come to a vote this week and that she is wary of the increased tariff authority it would give President Trump, despite her calls for support for Ukraine.
Bloomberg's Todd Gillespie joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation. Donald Trump Jr., a partner at 1789, is an adviser to both Polymarket and Kalshi.
Bloomberg's Todd Gillespie joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation.
Amira Valliani, head of payments growth at The Solana Foundation, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The London Stock Exchange is planning to launch tokenized stocks, backed by shares of London-listed companies, as it looks to further embrace digital assets.
Tim Cook hands the reins of Apple to John Ternus after a 15-year run that transformed the company into a $4.6 trillion giant and delivered a nearly 2,300% stock gain. Bloomberg's Ryan Vlastelica looks at Cook's market legacy and why Apple shares are increasingly moving against the broader AI trade. He joins Ed Ludlow on "Bloomberg Tech."
