Bloomberg News and Videos — Page 90

Jane Harman, former California Democratic congresswoman, said the US war in Iran has made every country in the Middle East a target, even countries that have not yet been participants in the conflict. Harman said that the danger of the conflict spreading is 'huge' and the US defense industrial base may not be prepared to address conflicts worldwide.

Fighting between the US and Iran has resumed after a brief lull, with American strikes focused on military targets and Tehran-aligned forces targeting US partners in the region. Israel has so far remained outside the latest exchange of strikes following Prime Minister Benjamin Netanyahu's in-person talks with President Donald Trump. Bloomberg's Dan Williams reports from Washington, DC.

K2 Space has raised $500 million at a $6.8 billion valuation as investors continue pouring money into the fast-growing space industry. The startup, founded by former SpaceX engineer Neel Kunjur and his brother Karan, builds low-cost, high-power satellites for commercial and defense customers including the US Space Force, and says it has more than $1 billion in signed contracts. CEO Karan Kunjur explains how the new funding will help expand production as the company eyes future applications ranging from military missions to space-based AI data centers. He joins Ed Ludlow on "Bloomberg Tech."

Bloomberg's Michael McKee joins Scarlet Fu on "Bloomberg Real Yield" to discuss the Fed decision, the surge in long-end US Treasury yields and its effect on rates for consumers. US mortgage rates rose to a 12-month high due to climbing yields.

Meta Platforms Inc. gave a disappointing quarterly revenue forecast, stepping up pressure on Chief Executive Officer Mark Zuckerberg to allay investor concerns that the company isn't swiftly benefiting from its massive outlay on artificial intelligence. David Kirkpatrick, Founder of Techonomy joins Bloomberg Intelligence to recap Meta's earnings.

Kendra Scott CEO Chris Blakeslee joins Bloomberg Open Interest to explain why today's consumer is more selective, but still spending on meaningful purchases. He shares how experiential retail is driving growth, why fine jewelry is booming, and why AI should empower employees to deliver more human customer experiences.

Microsoft's blockbuster earnings sparked a major rally as TD Cowen's Derrick Wood joins Bloomberg TV to explain why this was the perfect "Goldilocks" quarter. From accelerating Azure growth and improving AI economics to surging Copilot adoption, here's why Wall Street believes Microsoft's AI story is getting even stronger.

Meta's AI spending is under intense scrutiny after a softer outlook. MoffettNathanson analyst Michael Nathanson explains why investors no longer want promises they want proof. Michael Nathanson joins Bloomberg Open Interest to break down Meta's unclear AI infrastructure strategy, the risk of massive capex, and why the company's metaverse history is making Wall Street far less patient this time. Correction: This video has been edited to update a graphic with correct analyst disclosures.

Kevin Warsh's bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with interest-rate hikes. Matt Miskin, Co-Chief Investment Strategist John Hancock Investment Management, discusses the divergent equity and bond reaction this morning to the FOMC decision.

Energy markets have been rocked by a fresh round of volatility this month, as investors navigated a short-lived pause in hostilities between Iran and the US, followed by renewed fighting. The conflict is spreading beyond the Strait of Hormuz, with Houthi rebels in Yemen threatening a blockade of Saudi Arabia in the Red Sea, while Riyadh's forces joined with the US to hit targets in Iraq that are linked to Tehran-backed militants. Paul Sankey, founder at Sankey Research, discusses the Houthi and Saudi escalation and how it's affecting energy.