US Stocks Close Higher on Chip Rally | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Premier of Bermuda David Burt joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discussed Bermuda's plans to become the worlds first on-chain economy.
Moonshot's Kimi K3 has reignited the debate over the future of AI and whether China's open-weight models are closing the gap with OpenAI and Anthropic. Bessemer Venture Partners' Sameer Dholakia joins Bloomberg to discuss why competition is good for AI, where the frontier model makers still have an edge, and why he believes we're only at the beginning of the AI investment cycle. He joins Ed Ludlow on "Bloomberg Tech."
US President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea. Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn't specify how. His comments came after the 10th day of US and Iranian attacks and as mediators continued efforts to restart negotiations. Oil prices ticked higher amid the threats to key routes for global energy supplies. Dana Stroul, former deputy assistant secretary of defense for the Middle East in the Biden administration, said Trump's threat to attack a suspected Iranian nuclear site would be a "massive military action" requiring US assets currently not in place. She speaks with Bloomberg's Joe Mathieu and Kailey Leinz on Balance of Power.
Nvidia says its latest chip designs are making their way to customers and will help solidify the chipmaker's leadership in the industry. This as the company is under pressure to show that its latest products are on schedule and superior to rivals like AMD and Broadcom. Bloomberg's Ian King joins Ed Ludlow on "Bloomberg Tech."
Republican Congressman Byron Donalds of Florida joins Balance of Power to discuss his run for Florida governor and his proposal to require AI data centers to cover their own power and water needs, as utility costs become a rising campaign issue. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.
Moody's Ratings has a new report arguing the credit market isn't facing a broad downturn, but a growing divide between winners and losers. Marc Pinto, Global Head of Private Credit at Moody's Ratings, and Danielle Poli, Managing Director and Co-Portfolio Manager of Global Credit at Oaktree Capital Management, discuss the evolving private credit landscape and the outlook for the sector on Bloomberg Open Interest.
General Motors raised its full-year profit forecast by another $500 million after beating second-quarter earnings estimates, powered by stronger margins on its largest vehicles and lower tariff costs. Bloomberg's David Welch joins to discuss.
Wall Street staged a comeback as dip buyers emerged, lifting stocks amid rally in chipmakers on bets the artificial-intelligence trade that's powered the bull market has more room to run. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, joins to talk tech volatility, the intact bull market, and earnings season.
Danielle Poli, Managing Director and Global Credit Co-Portfolio Manager at Oaktree Capital Management, says while credit is pricing in resiliency, selectivity matters in the market right now. She speaks to Bloomberg's Dani Burger and Isabelle Lee on "Open Interest."
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