Jessica Taylor, Senate and governors editor at the Cook Political Report, said that the economy, including high prices at the pump and the grocery store, is overshadowing every culture war issue for voters in the midterms. Taylor also said that for key races in some states like Michigan and Texas, it could come down to candidate quality and the baggage candidates are carrying.
As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg's California reporter Francesca Maglione joins Ed Ludlow on "Bloomberg Tech."
Databricks CEO Ali Ghodsi is pushing back on fears that AI poses an existential threat to humanity, calling that risk "close to zero" while warning that the technology presents a very real and growing cybersecurity challenge. He discusses why AI is dramatically shortening the time it takes attackers to exploit vulnerabilities, how Databricks is preparing for those threats, and why the current period of rapid technological change reinforces his preference to keep the company private for now. He joins Ed Ludlow on "Bloomberg Tech."
In the last few weeks AI Leaders have urged a slow down in the rapid advancement of AI, while President Trump rebuffs these concerns. Danish Nagda, Founder and CEO at Rezilient Health joins to discuss the future of AI as well as Xi Jinping's upcoming visit to the White House.
Croatian National Bank Governor Ante Žigman told BTV's Oliver Crook that the ECB must get inflation under control, otherwise it "can jeopardize the growth." He made the comments on Thursday in his first interview with international media since taking office in June.
With mortgage rates hovering around 7%. Dynex Capital Co-CEO Smriti Popenoe joins Bloomberg Open Interest to explain why Treasury yields, government borrowing and hyperscaler debt are driving long-term rates and outlines the Fed policy changes that could help unlock America's frozen housing market.
Interparfums CEO Jean Madar explains why tariff uncertainty isn't slowing the company's US ambitions, how TikTok and e-commerce are transforming the way consumers buy fragrance, and why men's scents could be one of beauty's biggest growth opportunities.
CoreWeave is raising funds through a $3 billion convertible bond issue and a vehicle for potential share sales. Ed Ludlow has more on "Bloomberg Open Interest."
Lucid Group Chief Executive Officer Silvio Napoli says the electric-vehicle maker has stopped working with restructuring adviser AlixPartners. He also talks about working with Bolt to deploy at least 25,000 fully autonomous Lucid vehicles across Europe. Napoli speaks on "Bloomberg Open Interest."
Nvidia CEO Jensen Huang comments on the sidelines of an event hosted by King Charles III in Scotland about concerns surrounding the mounting risks of artificial intelligence. "You have rigorous testing systems, the testing lab should be contained, and products should not be released to the public until it's ready to be used by the public," Huang says.
Lazard Asset Management CIO Eric Van Nostrand says recent volatility in geopolitics, oil prices and higher rates reinforces Lazard's view that markets are shifting into a new supply-side era, where outcomes are being driven more by supply shocks than by consumer demand. He speaks on "Bloomberg Open Interest."
US Treasuries advanced Thursday as the Federal Reserve's interest rate hike reassured investors that the central bank is determined to tame inflation. Lakshman Achuthan, COO and co-founder at ECRI, reacts to the Fed decision and what comes after the first hike of a rate hike cycle.
