Bloomberg News and Videos — Page 719

MARA continues to shift its focus from Bitcoin mining to the unprecedented energy demand needed to fuel AI. MARA CEO Fred Thiel discusses the company's big pivot on "Bloomberg Open Interest."

Stock market gamma has jumped higher in one of the most rapid moves seen. Simon White, Macro Strategist with Bloomberg News, explains what gamma's sudden, near record high surge means for the market going forward.

Federal Reserve Bank of Boston President Susan Collins says interest rates should remain on hold for "some time," arguing she is particularly concerned about elevated inflation. She speaks during an event organized by the Boston Economic Club.

Arm Holdings and SoftBank Group made an approach to acquire Cerebras Systems weeks before its expected initial public offering, which was rebuffed. Bailey Lipschultz has more on "Bloomberg Deals."

Keir Starmer's government vowed to protect the UK against external and economic threats in a King's Speech that majored on security even as the prime minister faces a potential challenge to his own leadership. Jane Foley, Head of FX Strategy at RaboBank, explains how the UK's political uncertainty is impacting the currency market, following King Charles' address to parliament.

Bloomberg's Mike McKee reports that the confirmation of Kevin Warsh as Federal Reserve Chair is essentially a done deal. He speaks on "Bloomberg Open Interest."

On this episode of Stock Movers with John Tucker: - Nvidia (NVDA) shares are higher on news CEO Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes Beijing summit. - Nebius Group (NBIS) is moving this morning as it reported revenue for the first quarter that beat the average analyst estimate. - SoftBank (SFTBY) is up after it reported a surge in quarterly profit due to valuation gains on its OpenAI investment. The gains on OpenAI outweighed lackluster investment gains elsewhere in the Tokyo-based technology group's portfolio while war in the Middle East roiled markets.

President Donald Trump invited Nvidia co-founder Jensen Huang to join him on his trip to China at the last minute. This brings AI and chips into the spotlight. Tim Cook and Elon Musk also went along. Bloomberg's Annmarie Hordern is traveling with the president and reports from Beijing.

Lindsey Piegza, Stifel chief economist, says inflation is still a concern for the US economy. She says consumers face months of pain ahead and more price pressures are coming. She speaks on Bloomberg Surveillance.

As President Donald Trump lands in Beijing for a summit with Xi Jinping, new economic data shows inflation in the US is on the rise. The producer price index rose 6% from a year ago. Bloomberg's Annmarie Hordern is traveling with the president and reports from Beijing on what Trump is looking to accomplish.