Crypto Financial

Blackstone limited redemptions from its Blackstone Private Credit Fund to 5% after investors sought to pull shares. Swetha Gopinath has more on "Bloomberg Open Interest."

Nvidia has agreed to purchase artificial intelligence startup Hugging Face. The transaction is valued at about $13 billion and includes an up to $1 billion equity-based retention program for Hugging Face employees that join Nvidia. Carmen Reinicke reports on Bloomberg Television.

Federal Reserve Governor Christopher Waller said his next decision on interest rates will be "heavily influenced" by August inflation data due next week. Waller says if inflation comes in hot, he'd consider a rate hike. Waller said this in remarks prepared for an event hosted by Reuters. Bloomberg's Michael McKee reports.

Seema Shah, chief global strategist at Principal Asset Management, says the factors behind higher bond yields are "not something that would really stop markets in their track."

Martin Blessing, who is German Chancellor Friedrich Merz's personal representative for investments, discusses the economy, banking consolidation and the surge in energy costs ahead of the European winter. Blessing, the former CEO of Commerzbank AG, speaks on Bloomberg Television.

"Investors are skeptical that the Treasury's actions in a big way can change the big picture of what's going on," says Andrew Sheets, global head of fixed income research at Morgan Stanley. Treasury Secretary Scott Bessent recently pledged to increase purchases of long-dated bonds, a move widely seen as an attempt to push down yields in the world's most important debt market. Speaking on Bloomberg Television, Sheets also discusses the outlook for US economic data and Federal Reserve policy.

The yen has extended its sharp rebound -- gaining as much as 1.2% against the dollar today. Traders are increasingly alert to another intervention by Japan and the US after last month's record $96 billion effort. Investors are also questioning whether the Bank of Japan could raise interest rates more aggressively than previously expected. Bloomberg's Macro strategist Skylar Montgomery Koning joins Stephen Carroll and James Woolcock on Bloomberg Radio to discuss.

Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Broadcom predicted a surge in artificial intelligence chip sales over the next two years, helping renew optimism that it can challenge Nvidia's dominance in the lucrative market. The company also is on track to top earnings of $30 a share in fiscal 2028, outpacing Wall Street estimates. Bloomberg Intelligence analyst Matt Bloxham has the details.

US President Donald Trump said renewed attacks on Iran would likely be short-lived, reiterating his claim Washington controls the Strait of Hormuz after fresh fighting spiked energy prices and rekindled fears of an open-ended war. Bloomberg's Jon Herskovitz has the latest.

Frank Rohmund, CEO of Zeiss SMT, a key supplier to ASML's EUV lithography machines, sayd he expects that Beijing will need 15 years to develop EUV lithography machine, and additional export controls will only accelerates innovation in China. He speaks with Bloomberg's Stephen Engle on the sidelines of Semicon Taiwan.

CJ Desai, CEO of MongoDB, says MongoDB feels very good about demand, noting Atlas delivered its fifth straight quarter of 29% growth and that total Atlas dollars continue to rise quarter over quarter. He speaks with Romaine Bostick & Sally Bakewell on "The Close."