Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Jess Menton, Carol Massar and Tim Stenovec.
Crusoe CEO Chase Lochmiller discusses the AI infrastructure company's nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company's push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a "marketing issue" and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on "Bloomberg Tech."
As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable "cartel" that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on "Bloomberg Tech."
Kailey Leinz discusses the breaking news that Donald Trump posted an announcement saying CNN, MS NOW and Politico would be barred from the White House, describing them as "fake" and accusing them of "fiction and lies." She said it was unclear whether the president can enforce the move on his own, especially without an acting White House press secretary, and suggested the decision could face immediate court challenges. She speaks with Romaine Bostick & Jess Menton on "The Close."
Henry McVey, partner, head of global macro and asset allocation and CIO of the KKR's balance sheet, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss private markets, asset allocation, 401K's and retirement security.
Less than a week before Chinese leader Xi Jinping travels to the US to meet President Donald Trump, AI has taken center stage in the bilateral relationship. In some ways the rivalry is straightforward. Most benchmarks show American models have a lead in performance that Washington very much wants to maintain, for military and economic reasons. Anja Manuel, Aspen Strategy Group Executive Director joins to discuss the upcoming meeting between the two leaders as well as what to expect from the UN General Assembly next week.
Treasuries fell as anticipation of additional Federal Reserve interest-rate hikes stoked interest in wagers on rising yields for short-maturity debt. Rob Haworth, Senior Investment Strategy Director at U.S. Bank Asset Management joins Bloomberg Businessweek Daily to discuss the markets as well as how the oil is driving rates higher.
With the US midterm election about six weeks away, President Donald Trump's approval rating is near record lows. Voters now trust Democrats more than Republicans. In red states, Democrats are seeing more promise, like Kentucky. Democratic candidate for Senate Charles Booker joined Balance of Power to discuss the main issues for the people of Kentucky and whether there should be term limits for members of Congress.
Nvidia, Google and Emerald AI have launched the AI Energy Management Alliance (AEMA), a coalition that dynamically manages the electricity use of data centers in response to grid conditions. Varun Sivaram Founder and CEO of Emerald AI joins to discuss the alliance.
Gene Goldman, CIO of Cetera, reacts to the inflation expectations and overall market volatility following the Fed's rate decision by telling Bloomberg's Paul Sweeney and Scarlet Fu that it's one and done (maybe two and done), not the start of something bigger. It's insurance against sticky inflation, not a return to aggressive tightening. Markets had priced in too much. Federal Reserve officials failed to adequately respond to repeated warnings about the deteriorating financial condition of Silicon Valley Bank before its 2023 failure, a new draft report found, according to Fed Vice Chair for Supervision Michelle Bowman and other people familiar with the document.
Marta Norton, Chief Investment Strategist at Empower, discusses the outlook for equities and retirement investing amid a bond selloff and rate hiking cycle.
French soccer superstar Kylian Mbappé is leaving Nike to sign with Swiss sneaker company On. The 27-year-old striker is the World Cup's all-time goal leader. It's said to be a 10 year deal. On shares rose with the news. Randall Williams reports.
