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AI Buildout: Benefits & Challenges as Chip Stocks Rally

Nora Wittstruck, Chief Analytical Officer for Governments at S&P Global Ratings, discussed the current and future impact of AI adoption on government credit quality. She emphasized that while AI represents a broad range of technologies, its influence on credit quality will not be immediate. She speaks with Scarlet Fu & Isabelle Lee on "The Close."

Leia mais: AI Buildout: Benefits & Challenges as Chip Stocks Rally
Bloomberg
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Trade Data Hasn't Caught Up With Trump Policy Changes, Says Peter Harrell

Peter Harrell, former White House senior director for international economics in the Biden Administration and visiting scholar at Georgetown, said President Trump has not brought tariff rates back to their original rate because war with Iran has driven energy prices higher. Harrell also said that while US trade and investment policy has changed, the data coming into the administration and out to the public has not yet caught up and it remains an question what the impact of these changes will be.

Leia mais: Trade Data Hasn't Caught Up With Trump Policy Changes, Says Peter Harrell
Bloomberg
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DOJ's Dhillon on Election Security, Working With Trump

Assistant US Attorney General for Civil Rights Harmeet Dhillon says the Department of Justice is part of the executive branch and reports to the president. She says it's "ludicrous" to think the DOJ should be independent. She also says the DOJ will be deploying 1,000 monitors to make sure the midterm elections are secure. She speaks on "Balance of Power."

Leia mais: DOJ's Dhillon on Election Security, Working With Trump
Bloomberg
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Iran Feels It Has 'New Leverage' In MidEast Amid War with US

Michael Allen, managing director of Beacon Global Strategies and a former national security aide to President George W. Bush, said Iranians feel they have "a lot of new leverage" they didn't have before the US and Israel launched strikes as Iran's government looks to rebuild its influence in the region. Allen also discussed President Trump's decision to pull back on military exercises with South Korea, saying he doesn't know what South Korea has done to deserve a chilling in US-South Korea relations.

Leia mais: Iran Feels It Has 'New Leverage' In MidEast Amid War with US
Bloomberg
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Bedrock Brings Autonomous Driving to Construction

Bedrock Robotics is bringing autonomous driving technology to construction sites, retrofitting excavators and other heavy machinery with cameras, LiDAR, Nvidia-powered compute and its own software. CEO Boris Sofman joins Bloomberg to discuss the company's first paid commercial deployments, how autonomous equipment could address a growing shortage of skilled operators, and why demand for data centers and other infrastructure is creating an opportunity to use AI to help America build faster. He joins Ed Ludlow on "Bloomberg Tech."

Leia mais: Bedrock Brings Autonomous Driving to Construction
Bloomberg
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The World's Richest Families Bet on SpaceX

Some of the world's wealthiest families are building significant positions in SpaceX. Bloomberg's Devon Pendleton breaks down roughly $3.8 billion in holdings disclosed by about a dozen family offices, including investors tied to the Pritzker dynasty, UAE royalty and global hedge fund and mining fortunes. She joins Ed Ludlow on "Bloomberg Tech."

Leia mais: The World's Richest Families Bet on SpaceX