Moderna Soars 129% for the Week | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Emily Graffeo.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Emily Graffeo.
Bloomberg's Nikki Waller, Sarah Frier, and David Gura join Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the whiplash in the US Treasury market this week and how it impacts personal finance and politics.
Khosla Ventures is backing Discovery Loop, a new AI startup founded by former Google leaders including Jeff Dean that aims to dramatically accelerate scientific experimentation. Khosla Ventures Managing Director Samir Kaul explains why the firm quickly decided to invest, and why he believes the opportunity could be as profound as frontier AI models. He also discusses why soaring technology valuations are forcing venture investors to rethink what "seed stage" even means. He joins Ed Ludlow on "Bloomberg Tech."
Meta is facing a landmark legal battle with 29 states accusing the company of deliberately designing its platforms to keep children hooked while misleading the public about their safety. George Washington University law professor Mary Anne Franks explains the state and federal claims, why the case has drawn comparisons to tobacco litigation, and why the biggest consequence may not be the potential financial penalty, but what internal documents reveal about what Meta knew and when. She joins Ed Ludlow on "Bloomberg Tech."
Broadcom is lining up another massive bet on AI. Bloomberg has learned the chipmaker is in talks to raise more than $60 billion in debt to help Anthropic and others secure chips and computing power. The deal highlights a bigger concern hanging over the AI trade: the cost of funding it all. Erica Klauer, Science and Technology Partners founder and CIO, discusses concerns around circular financing and why the AI buildout is so challenging. She joins Ed Ludlow on "Bloomberg Tech."
Anthropic is aiming for an IPO that could make history, expecting to match or even top SpaceX's record-setting debut, according to sources. The maker of Claude could file publicly by the end of this month. The company raised $65 billion in May at a $965 billion valuation. Bloomberg's Shirin Ghaffary, who leads coverage of Anthropic, and Bloomberg's Liana Baker, who leads the deals team, join Ed Ludlow on "Bloomberg Tech."
US Chief Justice John Roberts said President Donald Trump can keep building his new White House ballroom for now while the Supreme Court considers issuing a longer-term order blessing continued construction of the massive structure. Bloomberg's June Grasso joins to discuss.
Sarah Bianchi, senior managing director at Evercore ISI and former deputy US trade representative, joined Balance of Power to discuss the upcoming tariff deadline. Bianchi said that after the US strikes a tariff deal with Canada, Mexico will likely ask for similar relief.
Former Canadian Deputy Prime Minister Chrystia Freeland, talks about the importance of Canada reaching a trade deal with the US. She says putting permanent tariffs on Canadian steel and aluminum will hurt the US, especially car manufacturers in Detroit. She speaks on Bloomberg Television's Wall Street Week With David Westin, to which she is a regular contributor.
Ann Miletti, head of equity investments and chief diversity officer at Allspring Global Investments, says she is keeping expectations low heading into the Jackson Hole Symposium and sees it posing a greater near-term market risk than Nvidia earnings. She speaks with Dani Burger on "Bloomberg Open Interest."
Rebecca Patterson, Council on Foreign Relations senior fellow, talks about how volatility in the bond market is impacting retail investors on "Bloomberg Money."
Walmart Inc.'s quarterly sales fell short of expectations, a rare miss that's likely to stoke concern about the leading big-box retailer decelerating alongside a slow-growing US economy. Sales at US stores open at least a year, excluding fuel, rose 2.6% in the second quarter, shy of the lowest analyst estimate compiled by Bloomberg. That rate of growth hindered primarily by pricing pressure in its pharmacy business is the slowest in more than six years. Walmart shares fell as much as 10%, the most intraday since 2022, in New York trading on Thursday, erasing a modest year-to-date gain through the previous day's close. We get reaction from Poonam Goyal, Senior US Retail Analyst for Bloomberg Intelligence.
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