Bloomberg Intelligence's Dushyant Shahrawat joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Hyperliquid is in advanced talks to bring its perpetual futures to US traders through Kraken's parent company Payward, just weeks after President Trump said his administration was working to bring the fast-growing platform into the US.
Data centers are emerging as an issue in political races across the US as voters raise concerns about power costs and the rapid AI infrastructure buildout. Information Technology Industry Council CEO Jason Oxman discusses the tech industry's response, growing calls to restrict new projects, and why continued investment is critical to competing with China in AI. He joins Ed Ludlow on "Bloomberg Tech."
John Ternus begins his first day as Apple CEO as the company prepares for one of its biggest product launches in years. Bloomberg's Mark Gurman explains how the longtime hardware chief will manage Apple's veteran leadership team and what to expect from the company's first foldable iPhone, including a price tag above $2,000. He joins Ed Ludlow on "Bloomberg Tech."
Bill Gates, the billionaire co-founder of Microsoft Corp., published a 6,000-word essay on Aug. 26 saying that he would slow the development of artificial intelligence if he could. He elaborated in an interview with the New York Times, saying "in private, people who understand how good this stuff is, and how much better it's getting, they're very worried" but few are raising the issues in public. The public is already convinced the tech industry can't be trusted with its own creations. Some legal news last week explains why. A bipartisan coalition of 51 attorneys general announced a proposed settlement with Meta Platforms Inc. that obligates the social media company that runs Facebook and Instagram to put tight restrictions on how children use its platforms. Gautam Mukunda, Lecturer at the Yale School of Management and Bloomberg Opinion contributor, joins Bloomberg Intelligence to discuss.
Global bonds slumped as rising oil prices fueled inflation fears and bets on Fed rate hikes. Fortress Chief Strategist Elizabeth Burton says rates are still poised to go higher, arguing the underlying problem won't be fixed without a fiscal response. She speaks on Bloomberg Open Interest.
Apple Inc.'s Tim Cook handed over the reins to John Ternus on Tuesday, capping a tenure as chief executive officer that cemented the company as an iconic global brand and turned its stock into one of the most reliable bets. The shares soared 2,258% under Cook, who took over from legendary founder Steve Jobs after the close of trading on Aug. 24, 2011. Cook inherited a company with a market capitalization of less than $350 billion and built the maker of iPhones and Mac computers into a diverse $4.6 trillion business that also sells watches, AirPods, and financial services. For more on what lies ahead for both Ternus and the tech giant, we speak with Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech.
Tesla CEO Elon Musk says he believes AI will spur gains of as much as 20% to 30% in global economic growth, calling it a "rough estimate." He spoke virtually to a tech-focused Group of 20 meeting in North Carolina.
Tesla CEO Elon Musk says he expects Artificial Intelligence to increase the global economy by 20% - 30%, or roughly $20 Trillion to $30 Trillion, per year. Musk spoke virtually during the G20 Innovation Ministerial.
Oil rose for a second session as fresh hostilities between the US and Iran raised concerns about prolonged disruptions to energy flows through the Strait of Hormuz, where crude carriers were hit by projectiles. Leslie Palti-Guzman, Founder at Energy Vista, discusses the outlook for global energy as conflict in the Middle East continues to disrupt flow.
Oil rose for a second session as fresh hostilities between the US and Iran raised concerns about prolonged disruptions to energy flows through the Strait of Hormuz, where crude carriers were hit by projectiles. Leslie Palti-Guzman, Founder at Energy Vista, discusses the outlook for global energy as conflict in the Middle East continues to disrupt flow.
Partners Group CEO David Layton joined Bloomberg Open Interest to push back on concerns that his move to CIO signals trouble at the private-markets giant. He explains why the leadership shake-up isn't tied to redemption pressure, says the firm is gaining fundraising share despite an industry slowdown, and reveals why elevated evergreen-fund redemptions could continue for another 12 to 18 months.
Redwire CEO Peter Cannito joins Bloomberg Open Interest to break down the next phase of the space economy from orbital data centers and cheaper space manufacturing to the growing US, China space race. He also explains why falling transportation costs, SpaceX partnerships and even space agriculture could create major new commercial opportunities.
