Bloomberg News and Videos — Page 212

Can geothermal energy solve the AI energy crunch? I-Pulse Co-Founder, Chairman and CEO Robert Friedland explains how a $250 million US investment will accelerate breakthrough semiconductor technology designed to drill deep into Earth's heat, delivering around-the-clock clean energy. He joins Bloomberg Open Interest to make a  case for government-backed industrial policy and why geothermal, and not wind or solar, is the future of America's energy infrastructure.

Boeing Co. secured an order from China Southern Airlines Co. valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia's largest aviation market in the past decade. George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses the deal and what it means for Boeing.

Asian technology stocks slumped after Apple Inc. and Microsoft Corp. raised prices for their products, stoking concern that rising component costs will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade. Bloomberg Tech Host Ed Ludlow discusses the move from Apple to raise prices as well as what's next for OpenAI as they mull a delay for the company's IPO.

Elroy Air is going public at a roughly $1 billion valuation, aiming to replace delivery trucks with long-range cargo drones. CEO Andrew Clare joins Bloomberg Open Interest to explain how the company's heavy-payload aircraft works, why public markets are the right funding path and why defense demand and US supply-chain automation make this the ideal moment to scale.

Wall Street Host David Westin breaks down why the auto industry may want Washington to leave USMCA mostly intact. While Trump is focused on trade deficits and tougher rules, automakers are more worried about uncertainty, long-term investment and China's growing role in North American supply chains.

BlackBerry CEO John Giamatteo discusses the company's evolution into a software and infrastructure player, centered on its QNX operating system. He highlights that QNX now powers over 275 million vehicles globally and is increasingly used in robotics, medical devices and industrial automation. Giamatteo speaks with Bloomberg's Dani Burger and Alpine Saxon Woods Chief Market Strategist Sarah Hunt on "Bloomberg Open Interest."

Another burst of selling pummeled chipmakers, whipsawing stocks once again amid concerns over whether vast investments in artificial intelligence will justify the industry's hefty valuations. Virginie Maisonneuve, Founder at Maisonneuve Global Advisors, discusses the current AI narrative as investors continue to show jitters around high-flying tech stocks.

US consumer sentiment rose in June as lower gasoline prices provided some relief for Americans grappling with high inflation. Lauren Saidel-Baker, Economist at ITR Economics, discusses the outlook for consumer spending and the path forward for the Fed as inflation concerns reign.

On this episode of Stock Movers with Alexis Christoforous: - US chipmaker Onsemi (ON) has agreed to buy Synaptics (SYNA), a firm that specializes in semiconductors for smart devices, in an all-stock deal that values the company at about $6.2 billion. - Rocket Lab (RKLB) shares rise as the space firm says NASA selected it to provide three Electron launches for two missions, PolSIR and TSIS-2, from early 2027. - Microsoft (MSFT) shares are down, with the software giant extending a recent selloff. The stock is down more than 20% this month, putting it on track for its biggest one-month percentage drop since December 2000

Anastasia Amoroso, chief investment strategist at Partners Group, discusses the recent volatility in tech stocks with Dani Burger on "Bloomberg Open Interest."