American AI companies' performance lead over China narrowed sharply in past months to a record low after labs such as DeepSeek gained ground, threatening US tech supremacy, according to Bloomberg Intelligence. Willy Lee, Principal at Neostellar, offers his view from the VC world when it comes to AI investments and the IPO market.
On this episode of Stock Movers: - Option Care Health (OPCH) shares jumped after the Financial Times reports that McKesson and PE firm Clayton Dubilier & Rice are closing in on a deal to buy the provider of medical infusion services, that would value the business at more than $5b including debt. - Constellation Energy (CEG) shares are higher on news Google and Constellation Energy announced a long-term deal to bring 890 MW of new nuclear capacity on the PJM grid in Illinois, Pennsylvania and New Jersey. - SpaceX (SPCX) shares are the most actively traded in the premarket as NASA is close to announcing a bulk purchase of rocket launches to fuel its $30 billion drive to build a permanent base on the moon for humans to live and work. It also made Elon Musk a trillionaire once again.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says investors should get used to the fact that markets go up and down. He says if you try to game the market, you are guaranteed to lose money. He speaks exclusively with Tom Mackenzie at JPMorgan's Tech Stars Conference in London.
Nvidia is nearing a $6 trillion market capitalization as investors return to the AI chipmaker after a disappointing start to the year. Carmen Reinicke reports on "Bloomberg Open Interest."
JPMorgan Chase Chairman and CEO Jamie Dimon discusses the issues behind financing the AI boom, the global bond selloff and the state of UK banks. He speaks with Tom Mackenzie at JPMorgan's Tech Stars Conference in London.
New York's trading and investment-banking firms are poised to deliver record earnings for the industry with profit on pace to exceed $90 billion and bonuses expected to reach an all-time high. Herman Chan of Bloomberg Intelligence has more.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says artificial intelligence has exposed new vulnerabilities for banks. He says the risks of cyber attacks have gone up 10-fold since the release of Anthropic's Mythos ai model. He speaks exclusively to Bloomberg's Tom Mackenzie at the JPMorgan Tech Stars Conference in London.
JPMorgan Chase Chairman and CEO Jamie Dimon says that recent bond selloffs are a warning to governments during an interview with Tom Mackenzie on "Bloomberg Open Interest."
Apollo Global Management President Jim Zelter says compute and energy will remain bottlenecks as the artificial intelligence investment boom accelerates. Speaking with Bloomberg's Francine Lacqua, Zelter discusses Apollo's exposure to AI and data centers, the outlook for the US economy, the growing role of private capital in defense, as well as European investment and the opportunities in the UK.
Former Treasury Secretary Janet Yellen says Canada should retaliate against US tariffs imposed by President Donald Trump. "I think it's appalling, and I understand exactly why you feel betrayed by the United States and are so angry about it," Yellen said in response to a question from former Canadian Finance Minister Chrystia Freeland during an interview for Bloomberg Television's Wall Street Week.
Republican Senate nominee Ken Paxton is seeing an influx in spending on his behalf as he tries to preserve the GOP's grip on statewide offices in Texas. But he's facing headwinds, with supporters leaking two sets of recorded comments from private events and President Donald Trump offering criticism, even while stumping for him. Julie Fine reports on "Balance of Power."
Wayve CEO Alex Kendall discusses the future of driving, the market for autonomous vehicles in the US and China, as well as the possibility of a future IPO. He spoke with Bloomberg TV's Tom Mackenzie on the sidelines of the JPMorgan Tech Stars conference in London.
