Miriam Vogel, president and CEO of EqualAI, said that she heard very little partisan rhetoric when she testified on the impact of AI in front of lawmakers and described the creation of AI policy as an 'opportunity for a bipartisan step forward.' Vogel also weighed in on the AI race between the US and China, saying that China is using a 'whole of government approach' with the technology.
Meta is experimenting with new ways to move beyond its social media roots, from the fast-growing Muse AI assistant to smart glasses and its new palm-sized Charm device. eMarketer Senior Analyst Minda Smiley discusses whether Muse marks a turning point for Meta's AI strategy, why the company is testing multiple hardware form factors, and whether its latest products have staying power or risk becoming another short-lived technology fad. She joins Ed Ludlow on "Bloomberg Tech."
Democrat Senator from Colorado Michael Bennet said that the American people want a president more focused on high interest rates and fuel prices rather 'than throwing reporters out of the White House and the glamour of his dinner with the president of China.' Bennet also weighed in on talks around AI safety and said that the Presidents decision to not enact guardrails is an 'extremely naive position.'
Prime Minister Rob Jetten said the Dutch government supports Klaas Knot "for any kind of vacancy in several European institutions," and that many countries in the region would find Knot to be an ideal candidate to lead the European Central Bank. Jetten spoke with David Gura Thursday on Bloomberg Television.
Dutch Prime Minister Rob Jetten had discussions on legislation which would further restrict ASML Holding NV's sales in China with President Donald Trump. Jetten told Bloomberg Television, "I'm pretty sure we come to some agreement that is workable for each and every one."
Yields on the US's longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens. Bloomberg Intelligence's Ira Jersey joins to discuss.
A renewed episode of bond volatility left traders unwilling to make riskier bets, with stocks falling on worries that elevated oil prices will fuel inflation and force the Federal Reserve to lift rates. Keith Lerner, CIO at Truist, discusses the path of the S&P amid mounting market pressures.
Meta Platforms Inc. unveiled a palm-sized, dedicated gadget for using Muse, the company's popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement. Bloomberg's Mandeep Singh joins to discuss.
Former Instacart President and current Beacon CEO Nilam Ganenthiran says the biggest obstacle to AI adoption is trust. He explains why AI is "arming both the good guys and bad guys," how safety fears are holding back the real economy, and why Beacon is building what he calls an "AI-native Berkshire Hathaway."
Brian Casey, chief executive officer of Dallas-based Westwood Holdings Group Inc., says the decision to list a new exchange-traded fund on the Texas Stock Exchange makes sense because the power-generation ETF is focused on Texas. He speaks with Bloomberg's Julie Fine about the ETF, the future of the TXSE and how artificial-intelligence regulation affects technology stocks.
Elizabeth Economy, a former Biden administration China adviser and a senior fellow at the Hoover Institution, joins Bloomberg Open Interest to break down what could emerge from US-China talks beyond the diplomatic spectacle. She sees potential cooperation on AI security, but warns Washington's traditional leverage is weakening. From Iranian oil and semiconductor controls to rare earths and trade commitments, Economy argues the US will increasingly need allies to pressure Beijing.
- Darden Restaurants (DRI) shares are lower after reporting first quarter results. It posted higher 1Q sales, but profits slipped and expenses increased. - MGM Resorts (MGM) shares are lower after Barry Diller's People Inc. dropped plans to acquire the rest of the casino giant. - Stitch Fix (SFIX) shares are falling after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected. The company also reported loss per share from continuing operations for the fourth quarter of 2.0c.
