Bloomberg News and Videos — Page 70

Mainspring Energy has struck a deal to supply American Electric Power with up to 1.6 gigawatts of generation capacity, an agreement that could be worth as much as $4 billion over eight years. CEO Tom Linebarger discusses how Mainspring's modular generators can bring new power online within 12 months and why surging data center demand is creating opportunities for distributed generation. He joins Ed Ludlow on "Bloomberg Tech."

SambaNova CEO Rodrigo Liang says the AI infrastructure boom is entering a new phase focused increasingly on inference, efficiency and return on investment. As the company closes its Series F with new strategic investors, Liang discusses why enterprises including JPMorgan are running AI infrastructure behind their own firewalls and why frontier models and private AI systems can coexist. He joins Bloomberg's Dani Burger from the CAIS Summit in Beverly Hills, live on "Bloomberg Tech."

Meta says its new Muse Wonder model has frontier-level capabilities, marking a major milestone in the company's AI overhaul under chief AI officer Alexandr Wang. Bloomberg's Riley Griffin spoke to him, and joins to discuss how Meta is positioning the model against rivals including OpenAI and Anthropic and how it was purpose-built to power the company's Muse personal AI assistant. She joins Ed Ludlow on "Bloomberg Tech."

Apple introduces a new line of smart home products. The $299 HomeView display directly challenges Google and Amazon for dominance in the home. Apple also revealed an upgraded Apple TV 4K set-top box and the HomePod mini 2 speaker. Bloomberg's Mark Gurman reports.

Indian Foreign Minister Subrahmanyam Jaishankar says trade talks with the US are heading in the right direction, but he doesn't want to "spill the beans." He speaks with Bloomberg News Editor-in-Chief John Micklethwait at the Bloomberg New Economy Forum in New Delhi.

Indian Foreign Minister Subrahmanyam Jaishankar says India and China are discussing whether they can settle some parts of their disputed border before reaching a deal on the entire boundary during an interview with Bloomberg Editor-In-Chief John Micklethwait at the Bloomberg New Economy Forum in New Delhi.

A selloff in chipmakers deepened on concerns about the sustainability of the artificial-intelligence trade, putting pressure on equity markets as Wall Street banks kicked off the earnings season. Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, discusses her S&P outlook and market choppiness.

Yields in the US and other advanced economies have climbed to multidecade highs, tightening financial conditions, amid higher inflation triggered by the US-Iran war and concern about budget shortfalls. Traders have responded by paring rate-hike expectations, with the amount priced into swaps across eight major economies falling by almost 200 basis points since mid-September, according to data compiled by Bloomberg.  Ed Yardeni, President at Yardeni Research, discusses his S&P call and why he believes rates are 'back to normal' and not 'higher for longer.'

KBW Head of US Bank Research Chris McGratty joined Bloomberg Open Interest to break down what's driving bank earnings. He explains why large banks may still appeal to investors  and how consumer health, interest rates and consolidation could shape what's ahead.

On this episode of Stock Movers: - Domino's Pizza (DPZ) shares are lower after the restaurant chain reported total domestic stores comp sales growth for the third quarter that missed the average analyst estimate. - Johnson & Johnson (JNJ) shares are moving as the company reports earnings. J&J raised its profit guidance as demand for newer drugs in cancer and autoimmune diseases overshadowed more anemic growth in the company's medical device business. - Bumble (BMBL) shares are halted on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would "remain actively involved with Bumble" after the deal, which marks a significant change for the company that was valued at $14 billion when it went public.