Bloomberg Nachrichten

 

Nvidia Corp. named former Goldman Sachs Group Inc. Vice Chairman Suzanne Nora Johnson as a director, adding a finance-industry and philanthropy veteran to the chipmaker's board....

Bank of America Corp. has hired UBS Group AG investment banker Richard Hardegree in Silicon Valley, according to an internal memo....

NBA Hall of Famer Shaquille O'Neal & Authentic Brands CEO Jamie Salter discuss the launch of 'Dunkman,' a new dunk league aiming to compete with the NBA dunk contest. They talk with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

President Donald Trump has changed his approach as he tries to end the war against Iran: reopen the Strait of Hormuz at all costs and leave thorny negotiations on Tehran's nuclear and ballistic missile programs until later....

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Isabelle Lee, Carol Massar and Tim Stenovec. (Source: Bloomberg)...

Carlyle Head of Global Research & Investment Strategy Jason Thomas discusses expectations of enormous AI productivity gains moving forward, and why US valuations are much more attractive now. He talks with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

The momentum trade — buy what's winning, sell what isn't — was already running red-hot heading into this week. Now a pause in the Iran war, strong US jobs data and another sharp rally in AI chips just piled on more fuel....

Michael Burry is buying shares of MercadoLibre Inc. after a slump in the Latin American e-commerce and fintech company's stock....

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., filed for a US initial public offering, capitalizing on enthusiasm around quantum computing stocks....

Transportadora de Gas Internacional's planned liquefied natural gas import terminal in Colombia moved closer to execution after the government added it to a list of infrastructure priorities designed to address a growing shortfall in domestic gas supply....

Precision Neuroscience Co-Founder & CEO Michael Mager discusses the development of a new neurological implant designed to create a communication link with the brain and external computers, as well asthe company's partnership with Medtronic. He talks with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

 Signs of labor-market strength drove stocks to all-time highs, bolstering speculation that the world's largest economy remains resilient in the face of an energy shock triggered by the Iran war. Bets that solid growth will keep powering earnings sent the S&P 500 to its sixth straight weekly advance. A revival of the artificial-intelligence trade fueled an 11% jump in a gauge of chipmakers since last Friday. Oil notched a slide for the week. The US and Iran are working with mediators to formulate a memorandum of understanding that would set the parameters for a month of talks to end the war, the Wall Street Journal reported. Christel Rendu de Lint, co-CEO at Vontobel joins to discuss. (Source: Bloomberg)...

Applied Aerospace & Defense Inc. filed for a US initial public offering, joining a recent rush of space and defense firms to public markets ahead of the potential listing of SpaceX later this year....

The Federal Reserve said stability risks from further private credit redemption requests appear “limited and manageable,” after some of the biggest names in the market blocked investors from getting money out of their funds in recent months....

The infamous Three Mile Island nuclear plant is poised for a comeback, driven by AI's massive energy needs. Thanks to a long-term agreement signed by Microsoft Corp. and Constellation Energy Corp. in September 2024, the energy from the plant will power chatbots and other artificial intelligence applications. All this under a new and baggage-free name: the Crane Clean Energy Center. The agreement commits Microsoft to buying all the electricity produced by the site's remaining functional 835-megawatt reactor for 20 years. Bloomberg News Energy Reporter Will Wade joins to discuss the return of the nuclear power plant on Three Mile Island. (Source: Bloomberg)...

On the Big Take podcast, host David Gura and Bloomberg's Maria Eloisa Capurro discuss her interview with Boston Fed President Susan Collins. They explore inflation, the economic fallout of the conflict in Iran and how the US central bank might evolve under Kevin Warsh's leadership. (Source: Bloomberg)...

Inspire Brands Inc., the owner of fast-food chains Dunkin', Arby's and Jimmy John's, filed confidentially for a US initial public offering....

A Colorado private school has tapped the debt markets for $27 million to fund campus upgrades while offering discounts on tuition as part of a turnaround plan....

A $200 billion investment fund for the University of California system added almost 30 million shares of Blue Owl Technology Finance Corp. in the first quarter, in a sign of institutions seizing upon volatility in the private credit market....

Federal Reserve Bank of Chicago President Austan Goolsbee said all options on interest rates are on the table right now....