OpenAI is close to finalizing the first phase of a new funding round that is likely to bring in more than $100 billion, according to people familiar with the matter, a record-breaking financing deal that would give the startup additional capital to build out its artificial intelligence tools. Bloomberg's Annabelle Droulers reports.
Billionaire Mukesh Ambani announces Reliance and Jio's latest AI initiatives including an investment of 10 trillion rupees ($110 billion) in infrastructure and intelligence. He spoke at an AI summit in New Delhi.
Rob Scott, Managing Director and CEO at Wesfarmers, discusses the company's latest results and the outlook for consumer spending and inflation in Australia. He speaks with Paul Allen on Insight with Haslinda Amin.
Srikanth Velamakanni, Co-Founder, Group Chief Executive & Executive Vice-Chairman of Fractal Analytics, India's first artificial intelligence unicorn, discusses his thoughts on AI fears and how that impacted the company's initial public offering. Fractal Analytics raised $313 million in an IPO last week. He speaks with Haslinda Amin on "Insight with Haslinda Amin."
In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold.
The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety.
When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.
Well, pull out the party hats and dust off the stock tickers.
Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.
The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk.
This persistent "Musk Premium" has burned countless short-sellers.
Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
Washington has pulled itself back from the brink, passing a $1.2 trillion stop-gap deal that reopened most of the US government after days of disruption.
Trump used his Davos speech to tout US economic dominance, promote crypto, and revive his push for Greenland.
Japan’s bond market has been sliding all week, with the 10-year yield now near 2.37% and the 40-year pushing above 4.2%, both multi-decade highs.
Mark Zuckerberg testified that it's "very difficult" to enforce Instagram's age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company's efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some "proactive tools" to try to identify and remove accounts used by children under 13, but called it a "challenging" problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Cinemark Holdings (NYSE;CNK) reported fourth-quarter 2025 net income attributable to the company of $34.1 million, or 16 cents per diluted share, compared with a net loss in the year-ago period.
Demis Hassabis, Google DeepMind CEO says that India has huge potential in AI, backed up the research and talent building up in the country. James Manyika, Google and Alphabet's Senior Vice President India's AI participation can be a template for the global south.
Wingstop (NASDAQ:WING), the Dallas-based fast-casual chicken wing restaurant chain known for its franchised growth model, reported stronger-than-expected fourth-quarter 2025 adjusted earnings amid continued domestic same-store sales momentum and international expansion, though revenue came in slightly below Wall Street estimates.
New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall's federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year's end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec.
Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, joins Bloomberg Businessweek Daily to discuss his 2026 market outlook, saying that market broadening is happening now as the US economy and market begins a new cycle. "There have been many parts of the economy that have been sort of mired in a recession for the last three years or so, and they're just now starting to emerge," Wilson says. "That broadening out is the real story." Wilson also reiterates his 7,800 S&P 500 year-end target. Wilson speaks with Carol Massar, Tim Stenovec, and Bloomberg News Equities Reporter Alexandra Semenova.
Garmin (NYSE:GRMN) reported fourth-quarter financial results that significantly outpaced Wall Street expectations, propelled by explosive growth in its fitness segment and a record-breaking performance across nearly its entire product portfolio.
Federal Communications Commission Chairman Brendan Carr defended the agency's rules regarding equal air time for political candidates and said the controversy over an interview between CBS late-night host Stephen Colbert and Texas state Representative James Talarico that never aired on the network wasn't the result of government censorship. Talarico, who is seeking a US Senate seat, used the incident to grab attention and campaign donations as he faces off against Congresswoman Jasmine Crockett in a closely watched primary race, according to Carr. Talarico's interview with Colbert was ultimately posted to the show's YouTube channel as an "online exclusive." Matthew Schettenhelm, Bloomberg Intelligence Media Litigation Analyst, and Bloomberg News Media Reporter Hannah Miller join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec.
Analog Devices (NYSE:ADI) posted fiscal first-quarter 2026 revenue of $3.16 billion, an increase of 30% from the prior-year period, reflecting broad-based demand strength in key secular growth areas, including electrification, automation, 5G infrastructure, and data center power efficiency.
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