Volatility in Chip Sector Continues | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo.
Conrad DeQuadros, Citi Wealth head of economics, said that the level of US debt and questions around fiscal ratios across the globe are still a point of concern for economists even as the economy is in good shape. DeQuadros said that questions the amount of room the deficit has a stabilizing force given a potential economic downturn.
Lyn Alden, founder strategist at Lyn Alden Investment Strategy, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss Michael Saylor's Strategy, which sold $216 million of Bitcoin last week, marking the first major step in the financing overhaul the company unveiled in recent days after a prolonged slump in the cryptocurrency and its own shares.
Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, pointing to continued risks to vessels in the critical waterway. Tom Kloza, Chief Energy Advisor for Gulf Oil joins to discuss this as well as how the oil markets are reacting to the recent uptick in attacks in the Strait of Hormuz.
Mike Belshe, CEO of BitGo, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." The company recently announced a nearly 15% reduction in their workforce. This comes less than six months after the company went public.
Bloomberg's Anna Irrera joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." Robinhood is rolling out perpetual futures tied to commodities, ETFs, and currencies in Europe, seeking to capitalize on the rise in round-the-clock trading that's long been a feature of crypto markets.
Yesterday Anthropic launched a video stating that Claude was able to mimic how the human brain processes information. Calling 'the collection of these patterns the J-space named after the technique we used to find them, involving a mathematical concept called the Jacobian." Miriam Vogel, President and CEO of EqualAI joins to discuss this as well as what this revelation means for future of AI.
NATO allies have agreed to at least $50 billion in defense industry deals to show US President Donald Trump that Europe is heeding his spending demands. Melinda Haring, nonresident senior fellow at the Atlantic Council, joined Balance of Power to discuss this as well as the war in Ukraine. She said Ukraine's strategy to compel Russian President Vladimir Putin to the negotiating table is working.
Andrew Cuomo, former New York governor and co-chair of the ICE-OKX Joint Venture, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." Cuomo is starting a second act: helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets.
Amazon is looking to raise at least $25 billion from a US dollar bond sale, marking its latest jumbo debt offering as the tech giant ramps up spending on artificial intelligence infrastructure. Bloomberg Intelligence analyst Robert Schiffman joins Ed Ludlow on "Bloomberg Tech."
SpaceX is benefiting from a shift towards AI, with broker calls coming out as the company gets included to the Nasdaq 100. This is setting a price floor for a stock that could be headed for the stars, says Joel Shulman, Founder & CIO of ERShares, whose ETF XOVR holds approximately $246 million in SpaceX exposure. He sits down with Ed Ludlow on "Bloomberg Tech."
For years, the Magnificent Seven tech giants commanded investors' attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over: Bloomberg's Ryan Vlastelica joins Ed Ludlow on "Bloomberg Tech" to explain why.