Bloomberg News and Videos — Page 602

Dan Ives, Global Head of Technology Research at Wedbush Securities, says that the SpaceX IPO expected later this week will be a "watershed" moment for markets. SpaceX, which is officially known as Space Exploration Technologies Corp., is preparing for an IPO that would value the company at about $1.8 trillion. Anthropic raised funds at a $965 billion valuation last month.

IBM CEO Arvind Krishna says he's excited about the potential uses for quantum computing. Speaking with Romaine Bostick at the Mizuho Technology Conference in New York, Krishna also comments on the Trump administration's investment in the company, the utilization of AI and IBM's profit strategy.

President Donald Trump said, "the United States must, of necessity, respond" against Iran for shooting down a US military helicopter. Trump made the announcement in a social media post on Tuesday afternoon. Tyler Kendall reports on Bloomberg Television.

Firefly Aerospace CEO Jason Kim joins Bloomberg Open Interest to talk about why the space economy is entering a major growth phase, powered by NASA's moon-base ambitions, rising national security demand, and the need for reliable rocket access. He says Firefly's edge is its full-stack approach: launch vehicles, lunar landers, orbiters, satellites, and AI software.

The World Cup is poised to deliver a massive economic impact in Dallas and help boost soccer's popularity in the US, according to FC Dallas President Dan Hunt. He speaks with Bloomberg's Julie Fine.

Apollo and Blackstone are teaming up on a massive $35 billion AI financing deal that could reshape how artificial intelligence infrastructure gets funded. Bloomberg's Emily Graffeo joins Bloomberg Open Interest to explain why Wall Street is creating new financing models for expensive AI chips, how Anthropic and Broadcom fit into the deal, and why this could be the beginning of an entirely new AI investment category.

Sassine Ghazi, Synopsys chief executive officer, talks about the growth of artificial intelligence, how it's integrated Ansys, an engineering software company it bought last year, and he says there are no chips that can be designed today without Synopsys. He speaks to Bloomberg's Romaine Bostick at the Mizuho Technology Conference in New York.

The $31 trillion Treasury market has an unequivocal message for Kevin Warsh's Federal Reserve: Interest rates aren't high enough. The reset upwards only intensified last week after the latest read on job growth topped all forecasts, reinforcing a growing conviction that rates need to rise in order to rein in inflation pressures and temper the risk of an AI-induced boom overheating the economy. David Seif, Chief Economist for Developed Markets at Nomura, discusses his expectations for the Fed's path forward.

A rebound on Wall Street powered ahead, with stocks joining bonds higher as oil fell amid hopes the US and Iran are getting closer to a deal to end the war that has rattled global markets. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, discusses her midyear outlook as the market drives higher.

Existing-home sales in the US accelerated to their fastest pace of the year in May, with contract closings rising to an annualized rate of 4.17 million. Mike McKee reports on "Bloomberg Open Interest."