Promise CEO and Co-Founder George Strompolos is building what he calls an AI-native entertainment studio, using generative AI across development, production and visual effects. He says the technology can cut costs by more than 50% on some animated projects and allow smaller teams to create productions with far greater scale. He joins Ed Ludlow on "Bloomberg Tech."
Suno CEO and Co-Founder Mikey Shulman says AI could transform music from a largely passive experience into one where listeners actively create, remix and collaborate with their favorite artists. With more than 100 million users and partnerships across the music industry, Shulman discusses Suno's in-house AI models, opportunities around licensing artists' voices and music, and why he believes AI can expand the music business. He joins Ed Ludlow on "Bloomberg Tech."
SpaceX launched a new crew of four astronauts to the International Space Station, as questions swirl over the company's plans for the future of its human spaceflight program. Once at the ISS, the crew will live and work there for the next six months. The mission is the latest in a series of flights that SpaceX performs for NASA to ensure the ISS is staffed at all times.
Amid the AI boom, private credit is pouring into data centers and hyperscalers, but the risks are real. Carlyle's Co-President Mark Jenkins joins Bloomberg Open Interest with a warning that concentration in a single hot theme can mirror the "SaaS apocalypse," where everything looked diversified until volatility hit. He breaks down where AI credit risk is building, how complex data center contracts can fail, and why old school diversification still matters more than AI hype.
Aston Martin CEO Adrian Hallmark joins Bloomberg Open Interest with a look at its new DBX GT, a 193 mph luxury SUV with a twin turbo V8. He explains how the vehicle powers the brand's financial turnaround, why combustion engines will dominate until 2035, and how F1 supercharges Aston Martin's global image.
A rally in oil prices spurred renewed bond volatility and drove stocks lower, with the market extending losses after data showed factories are contending with inflationary pressures. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, talks about her market outlook and staying invested amid 2H volatility.
Ted Sarandos said Netflix isn't growing as quickly as he would like and the company is working on making that move faster. The co-chief executive officer speaks to Lucas Shaw at Bloomberg Screentime in Los Angeles.
Federal Reserve Bank of Kansas City President Jeff Schmid says the Fed hasn't fulfilled its promise on the inflation side of its mandate at the Richmond Fed's Investing in Rural America conference.
On this episode of Stock Movers: - McCormick (MKC) shares rose after the company posted its strongest sales since 2021, with third-quarter net sales increasing 17% to $2.02 billion. - Accenture (ACN) shares are moving higher after the IT services company reported fourth-quarter results that beat expectations on key metrics, including revenue and bookings. - Constellation Energy (CEG) is gaining after the operator of gas power plants said it signed a 20-year power purchase agreement with Amazon, which covers 690 megawatts of nuclear capacity at Maryland's Calvert Cliffs Clean Energy Center, including a 190-megawatt uprate.
Dan Suzuki, global investment strategist at iCapital, warns that the latest ISM manufacturing report is not good news for markets. He also talks about oil prices and says higher interest rates are starting to bite lower-quality segments of credit markets and equities. He speaks on "Bloomberg Open Interest."
Citi Wealth Chief Investment Officer Kate Moore joins "Bloomberg Open Interest" to break down how surging bond yields, AI hype and political shocks could reshape markets into 2027. She also explains why she's still favoring equities over duration while warning investors to get more selective.
Citi Wealth Chief Investment Officer Kate Moore joined Bloomberg Open Interest to break down how surging bond yields, AI hype, and political shocks could reshape markets into 2027. She also explains why she's still favoring equities over duration while warning investors to get more selective.
