Bloomberg News and Videos — Page 189

Valar Atomics, a California-based nuclear startup, generated power from an advanced reactor to run an Nvidia AI chip. While just a trickle of electricity was produced, it's the first time a next-gen reactor has done so in the US. On the heels of a demonstration of Valar's Ward 250 reactor connecting to the Nvidia Blackwell chip at the company's site in Utah, Valar Atomics CEO Isaiah Taylor joins Ed Ludlow on "Bloomberg Tech."

IQM Quantum Computers CEO Jan Goetz joined Open Interest to explain why his company chose a Nasdaq listing, why quantum computing could solve problems impossible for today's supercomputers, and why he believes the AI boom is accelerating the future of quantum technology.

Lisa Simon, Chief Economist at Revelio Labs joined Bloomberg Open Interest to explain why a weaker-than-expected jobs report doesn't tell the whole story. Using hiring data from LinkedIn, Glassdoor, H-1B visa filings, she argues AI is helping fuel hiring, She explains why companies investing most heavily in AI are expanding both entry-level and experienced roles.

Bridgepoint is making a $1.4 billion bet on US real estate. Kayne Anderson Real Estate Co-Founder and CEO Al Rabil says it's all about preparing for a "10-year supercycle." He joins Open Interest to explain why AI infrastructure, healthcare real estate, and long-term demographic trends are creating massive investment opportunities, and why the merger preserves his firm's autonomy while unlocking far more capital.

Tesla stunned Wall Street with a massive second-quarter delivery beat, While production also topped forecasts, the company offered virtually no commentary or explanation, leaving investors with more questions than answers.

Asian semiconductor stocks tumbled on Thursday, tracking tech losses on Wall Street after Meta Platforms Inc.'s plan to develop a business that would sell access to AI computing power raised worries about overcapacity. Brian Belski, CEO and founder at Humilis Investments, discusses the recent tech sector rout and what stocks he is keeping an eye on.

US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year.  Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed. Claudia Sahm, Chief Economist at New Century Advisors, reacts to the report.

On this episode of Stock Movers: - SoftBank (SFTBY) shares are responding to news that it is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources. - Shares of Alphabet/Google (GOOG) are responding to the company losing its long-running fight against a 4.1 billion ($4.7 billion) European Union antitrust fine after the bloc's top judges said regulators were right to punish the US giant for abusing Android's market power.

US factory orders declined by 1.3% in May as durable goods orders fell 4.5%. Mike McKee reports on "Bloomberg Open Interest."

Rick Rieder, global fixed income CIO at BlackRock, says "hiring is stable, but I would say, broadly unimpressive," as he examines the June US jobs report. He also discuses a timeframe for an interest rate hike from the Federal Reserve, the lack of forward guidance from the Fed, and where he sees yield opportunities.