The fate of failed Australian department store David Jones may not be known for months after the retailer’s administrators said they would seek additional time to pursue a sale or recapitalization.
During Paramount Skydance's latest earnings call, CEO David Ellison said "it's hard to imagine" AI won't have a bigger impact on the film industry than CGI. In response to a question about the company's outlook for AI, Ellison said: "I think when you zoom out and look at production, AI really has the potential to […]
On Bloomberg This Weekend, Bloomberg News tech reporter Brody Ford explains how voter backlash against data centers could disrupt the rapid buildout of infrastructure powering the AI boom. Speaking with hosts David Gura and Christina Ruffini, Ford discusses the risks for heavily indebted AI companies and whether tougher promises from newly elected officials will translate into meaningful restrictions on development. (Source: Bloomberg)
On Bloomberg This Weekend, Bloomberg News Markets producer Anthony Stephens says Asian investors are assessing the fallout from the AI selloff as hedge funds cut exposure and uncertainty grows over US data-center policy. Speaking with hosts David Gura and Christina Ruffini, Stephens explains why the timing of AI infrastructure investment could determine the next winners and losers across technology markets. (Source: Bloomberg)
On Bloomberg This Weekend, Yorkville Ives & Co. partner Dan Ives and Bloomberg US equities reporter Natalia Kniazhevich examine the sharp post-election technology selloff, as investors weigh political resistance to data centers, AI spending and the outlook for Anthropic's IPO. They tell hosts David Gura and Christina Ruffini that the election could slow the AI buildout and reshape winners and losers across tech, even as Ives argues the long-term AI investment cycle remains intact. (Source: Bloomberg)
Lyft Chief Executive Officer David Risher talks about the latest earnings report and integrating companies it acquired. Risher also says the company can only take up to 30% of the fee that riders pay and the supply of drivers is at an all-time high. Risher talks about why prices for ebikes are rising in New York City. He speaks with Tim Stenovec on "Bloomberg Tech." (Source: Bloomberg)
On Tuesday, millions of American voters went to the polls and voted overwhelmingly for Democrats and against AI. The fight against Big Tech is about to come roaring back, and the fight over data centers is looking even harder for the folks trying to build them. On this episode of The Vergecast, Nilay and David […]
Thursday’s market selloff was the result of investors conflating the transformational potential of artificial intelligence with the investment return thesis, said David Allen, head of long/short strategies at Plato Investment Management.
David Allen, Head of Long/Short Strategies at Plato Investment Management, discusses the region's market selloff as the AI slump deepens and where he sees opportunities in the technology sector. He speaks with Haidi Stroud-Watts on the sidelines of the Sohn Hearts & Minds conference in Queenstown, New Zealand. (Source: Bloomberg)
As the cost of capital rises, David N. Miller says private markets still see opportunity, from flexible financing for hard-to-refinance assets to infrastructure beyond the AI boom. He discusses AI's long-term potential, concentration risks, and why selectivity matters for investors. (Source: Bloomberg)
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Goldman Sachs Group Inc. Chief Executive Officer David Solomon said a technology supercycle will dominate capital markets and financing activity as deal demand remains robust.
Eric Adler, CEO of L&G Asset Management, discusses his outlook and strategy for business growth in APAC. He speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders' Investment Summit. (Source: Bloomberg)
Jenny Johnson, CEO of Franklin Templeton, discusses her outlook for APAC and global markets, investment strategies, and the strategies for business growth. She speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders' Investment Summit. (Source: Bloomberg)
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, discusses his outlook for Hong Kong's 3Q growth, and his expectation on the city's exchange fund performance. He speaks with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders' Investment Summit. (Source: Bloomberg)
Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible. (Source: Bloomberg)
Reid Hoffman has given $8 million to Wisconsin Democrats backing David Crowley as Tom Tiffany attacks Hoffman's past ties to Jeffrey Epstein.
Roblox CEO David Baszucki says the platform has seen an explosion of AI-fueled content in the last three months. But the online gaming company is seeing some growing pains after rolling out tougher child-safety measures, with daily active users falling 9% last quarter, while bookings dropped 12%. Baszucki joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
David Durman, a University of Kentucky administrator, recently earned a religious exemption from using AI in the workplace.
Bridgewater Associates CEO Nir Bar Dea sits down with David Rubenstein for a wide-ranging conversation about the US economy, rising national debt, the dollar and explains how he sees AI reshaping the future of investing. He also reflects on his unconventional path to Wall Street; from struggling in school and spending six years in the IDF to becoming Bridgewater's oldest intern and eventually its CEO. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded September 25 in New York. (Source: Bloomberg)
The AI boom is pitting local residents against corporate giants seeking to power their energy-hungry networks – but one Welsh city is fighting back Dale Johnston opens the gate to his neat suburban garden on the western fringes of Newport in South Wales. There’s a trampoline and a slide on the lawn for his grandchildren, and chairs for him and his wife. He should be enjoying the light draining from the perfect autumnal sky – but almost his entire view is blotted out by a vast expanse of prefabricated panels. The 23 metre-high grey hulk looming over him and his neighbours is a hyperscale datacentre. It is heralded by the area’s Labour politicians as a job creator, yet all Johnston can think about is what he has lost: “Before, the sun used to come around here and it was lovely.” The way residents have been treated is “disgusting”. Continue reading...
The Wall Street giant is committing $500 million to expand its 10,000 Small Businesses program and launch an AI institute, partnering with Google, Meta, OpenAI and Anthropic to bring AI know-how to Main Street. NBC's Christine Romans spoke exclusively with Goldman Sachs CEO David Solomon and with small businesses figuring out how to make AI work for them.
