Asia Tech's Muted Rebound Shows AI Doubts Persist: Market Analysis
Anna Edwards, Guy Johnson, Tom Mackenzie and David Savage break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Todas as matérias desta categoria, das mais recentes às mais antigas.
Anna Edwards, Guy Johnson, Tom Mackenzie and David Savage break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Taiwan has blocked domestic access to Coinbase Global Inc (NASDAQ:COIN) and Kalshi Inc over suspected election betting, according to Bloomberg News.
This week started with a striking warning from the Broadcom CEO, who likened the artificial intelligence market to a "casino." The statement was followed by strong earnings from ASML and a better-than-expected outlook from TSMC, though neither was enough to stem a global tech stock rout. Bloomberg's "The Opening Trade" spoke to analysts and experts about what this tells us about the state of expenditure within the booming trade and whether its becoming an increasingly riskier bet.
Artificial intelligence infrastructure firm Nscale is seeking to raise up to $3 billion in an initial public offering as soon as this month, just as investors are growing increasingly wary of the risks of the AI buildout. The UK firm has also been hit by regulatory hurdles, a fire and other delays during construction of a flagship data center in Norway. Bloomberg's Paula Doenecke reports.
US District Judge Alvin Hellerstein rejected the request, ruling that neither argument justified reopening the case.
Network School is acquiring Farcaster and has begun removing repeat offenders from its reference client to reshape content moderation.
Binance.US is seeking up to $100 million at a $1 billion valuation as it works to regain ground in the US crypto market, according to an exclusive report by Bloomberg.
South African Reserve Bank Governor Lesetja Kganyago says they will make their policy decisions meeting by meeting. He spoke to Bloomberg's Avril Hong on the sidelines of the IMF-World Bank meeting in Bangkok ahead of the SARB's final policy meeting of the year, next month.
Bo Hines, a former White House crypto adviser, co-owned Nxum while it secured a $6.3 million Tether deal, according to an exclusive report by The Wall Street Journal.
Bank of England Governor Andrew Bailey urged rigorous pre- and post-release model testing standards to safeguard public trust and financial infrastructure, while warning that markets risk a correction by overestimating AI returns and pricing every player as a winner.
Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime, calling it a positive supply shock over the medium term. He spoke at an IMF event moderated by IMF Chief Kristalina Georgieva in Bangkok, Thailand.
James Clarke, Senior Managing Director and Global Head of Institutional Capital at Blue Owl, says redemptions are coming down in private credit following excessive market concerns earlier in the year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.
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