Bloomberg News and Videos — Page 626

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time. Elon Musk's rocket, satellite and artificial intelligence company plans to market about 555.6 million shares for $135 each, according to its filing Wednesday with the US Securities and Exchange Commission. Bloomberg's Manuel Baigorri reports.

Broadcom shares fell in extended trading after the company delivered a disappointing forecast for artificial intelligence chip revenue. Chief Executive Officer Hock Tan said the company $56 billion in AI chips in the fiscal year that ends in October. The forecast that fell short of the average estimate of $57.6 billion. Bloomberg's Neil Campling reports.

The US said Israel and Lebanon agreed to a ceasefire if Hezbollah also stops fighting, contingent on "a complete cessation" of fire by Hezbollah and evacuation of operatives from Lebanese territory south of the Litani River. Bloomberg's Stuart Livingstone-Wallace breaks down the situation.

Former Singapore Defense Minister Ng Eng Hen offers his perspective on the intersection of geopolitics and defense. He speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.

Darshan Hiranandani, CEO of Hiranandani Group, one of India's premier real estate and infrastructure development conglomerates, discusses how his company aims to help transform the nation into a global hub for cloud computing, AI and digital services. He speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.

Nomura International Wealth Management North Asia CIO Julia Wang says the chips rally in Asia is mostly justified by earnings growth, but she thinks valuation has also reset. Wang speaks with Haslinda Amin from the sidelines of 'Nomura Investment Forum Asia' in Singapore.

Bloomberg's Michael Hytha discusses SpaceX's record-breaking IPO and why Elon Musk will be retaining 84% voting control after the company goes public.

Asean Secretary- General Kao Kim Hourn says the war in the Middle East is a "wake-up" call for the bloc to work together to ensure energy resilience and food security. He speaks with Haslinda Amin on the sidelines of the Shangri-La Dialogue in Singapore.

Gil Luria, DA Davidson Head of Technology Research, discusses the outlook for Broadcom as the Nvidia alternative releases its latest quarterly data.

Brett Goldberg, Co-CEO and Co-Founder of TickPick, joined the program to discuss the current state of the ticket market as the NBA Finals between the Knicks and Spurs begin. He highlighted the contrasting behaviors in the secondary ticket market, noting that diehard fans are willing to pay premium prices to secure seats at major events, while some season ticket holders may choose to sell their tickets to make a profit. He speaks with Romaine Bostick on "The Close."