Infinigence AI, a Chinese AI cloud infrastructure provider, is preparing for a Hong Kong listing as early as the first half of next year to capitalize on demand for computing resources to power artificial intelligence models and agents.
With Microsoft Corp.’s best quarter for decades in the books, Wall Street is betting the stock can keep rallying as the tech giant’s standing in the artificial intelligence landscape continues to improve.
SpaceX launched a new crew of four astronauts to the International Space Station on Thursday, as questions swirl over the company’s plans for the future of its human spaceflight program.
The market is acting in ways that make it very hard to get a handle of what exactly is going on right now. The overall indices are surging. Many individual stocks are doing badly. Rates are rising, but the economy is still robust. There's capex spending and the AI trade. There's the war in Iran. And of course there's persistent inflation and the Fed's ongoing tightening cycle. On this episode, we speak with our former colleague Luke Kawa, who is now head of markets at Sherwood News. We go over all the big market themes, and he explains why the one consistent theme of this moment is the sheer speed of the moves and the pace of the news itself. (Source: Bloomberg)
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Nokia Oyj and satellite startup Iceye are planning to build secure European communication systems in orbit for defense and security matters, taking advantage of the growing urgency on the continent for sovereign services.
India’s Axis Bank Ltd. plans to double its exposure to data centers over the next three years, a top executive said, as the nation’s artificial intelligence push spurs investment in digital infrastructure.
Diana Colella, Executive Vice President of Media & Entertainment at Autodesk speaks with Bloomberg's Hayley Romer about Autodesk's partnerships across film, TV, games and visualization to bring advanced capabilities to creatives at Bloomberg Screentime 2026 in Los Angeles. (Source: Bloomberg)
German chipmaker Infineon Technologies AG sees the potential to eventually start making semiconductors in Thailand, following an investment of 48 billion baht ($1.44 billion) to expand its assembly and packaging footprint in the country.
Huawei Technologies Co. plans to join rivals in jacking up smartphone prices to counter rising memory costs, betting on a chips-to-software edge to protect its lead while it explores markets abroad.
India’s banking regulator approved the appointment of Anup Saha as chief executive officer of Kotak Mahindra Bank, elevating a consumer-finance veteran as the lender seeks to accelerate expansion in the country’s competitive financial sector.
Rolf Bulk, Head of Semiconductors and Infrastructure at Futurum, discusses Micron's latest earnings results and the outlook for the memory chip sector. He speaks with Shery on Bloomberg: The Asia Trade. (Source: Bloomberg)
Nidec Corp. shares plummeted as much as 20% in Tokyo after the Japanese motor maker’s auditor declined to give an opinion on its long-awaited financial statements, fueling caution over the outlook for the scandal-hit company.
South Korea’s exports extended their breakneck growth in September as global demand for artificial intelligence continued to power semiconductor shipments, reinforcing expectations that the trade-dependent economy can withstand higher interest rates.
Micron Technology Inc. gave an upbeat forecast for the current quarter, fueled by the AI building frenzy, though the chipmaker warned that rising compensation would weigh on profit margins. Bloomberg Intelligence's Jake Silverman has more. (Source: Bloomberg)
Federal Reserve Bank of Minneapolis President Neel Kashkari said he was skeptical of the argument that the US economy is shrinking but for a boom in construction related to artificial intelligence.
Moroccan authorities have used spyware for years against critics in the country and overseas, including French and Spanish politicians, according to a new report from Amnesty International, which is based on leaked documents and testimony from a former Moroccan intelligence official.
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BlackRock Head of Model Portfolio Solutions, Americas Michael Gates, Robinhood Markets Chairman & CEO Vlad Tenev, University of Michigan Professor of Economics and Public Policy Betsey Stevenson, Morgan Stanley Investment Management Head of Global Real Assets Lauren Hochfelder, Janus Henderson Head of Americas Equities Marc Pinto, Gabelli Research Analyst & Portfolio Manager Hendi Susanto, Redpoint Ventures Managing Director Erica Brescia, VSORA Chair Sandra Rivera, JPMorgan Asset Management Global Alternatives Strategist Aaron Mulvihill, Seaport Research Partners Senior Analyst David Joyce, & Next Legacy Managing Partner Ryan Nece. (Source: Bloomberg)
Ryan Nece joins the program to talk about how he thinks about investing after football and where he is deploying capital now. Nece discusses whether he is putting all of his money into AI, setting up a conversation about current investment priorities and how athletes can approach venture investing after their playing careers. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)