Bloomberg Businessweek

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A circular funding model is accelerating the AI boom, but also amplifying imbalances — reviving memories of the global financial crisis. For more, we speak with Shawn Donnan, Senior Economics Writer for Bloomberg News. He speaks with Businessweek Daily hosts Carol Massar and Tim Stenovec.
See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A selloff in chipmakers deepened on concerns about the sustainability of the artificial-intelligence trade, weighing on stocks as Wall Street banks kicked off the earnings season. In a renewed bout of weakness, a closely watched gauge of semiconductor powerhouses extended its plunge from a June record, while concerns linked to artificial intelligence propagate across sectors. Meantime, New York Fed President John Williams said he still sees one more interest-rate hike as appropriate this year.

On today's episode:
Herman Chan, Bloomberg Intelligence Senior US Banks Analyst
Mamadou-Abou Sarr, Founder & President at V-Square
Gautam Mukunda, Bloomberg Opinion Columnist
Natalia Emanuel, New York Fed Economist
See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Roughly $750 billion. That’s how much Meta Platforms Inc., Amazon.com Inc., Microsoft Corp. and Google owner Alphabet Inc. are expected to devote to capital expenditures this year alone.
That’s more than the entire gross domestic product of Ireland or Belgium. More than half of what all of the companies in the S&P 500 Index spent in total last year. Enough to cut a $5,500 check for every household in the US.
Ian King, Bloomberg News US Semiconductor Reporter & Lynn Doan, Bloomberg News Managing Editor for Technology, join Businessweek Daily to break down the true cost of a single data center.
See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Stocks fluctuated near all-time highs Monday as traders looked ahead to the start of the earnings season and inflation data that will be key in shaping the Federal Reserve outlook. With Corporate America navigating one of the strongest profit cycles in recent history, equities have also defied concerns about elevated energy costs and bond yields. President Trump’s deal with Moscow on its diesel exports and his praise for Vladimir Putin are just the latest in a string of Russia-related news that have sparked criticism from Republicans weeks ahead of a midterm election that increasingly favors Democrats.

On today's episode:
Jeff Mason, Bloomberg News White House Correspondent
Margie Patel, Senior Portfolio Manager at Allspring Global Investments
Veena Ali-Khan, Bloomberg News Reporter
Tal Keinan, CEO of Sky Harbour
See omnystudio.com/listener for privacy information.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

SpaceX investors are finally getting some reprieve after months of being whipsawed by volatility as the Elon Musk-led company’s stock breaks above the level it’s been stuck below since July. SpaceX is closing in on a crucial swath of spectrum needed to turn the rocket, satellite and AI company into a “major mobile carrier,” setting the stage for a clash with stalwarts like T-Mobile US Inc., Verizon Communications Inc. and AT&T Inc. Once the company receives approval from the Federal Communications Commission, it will combine its satellite-to-cell services with a terrestrial network that can connect devices everywhere.

For more, we speak with Loren Grush, Bloomberg News Global Space Reporter.
See omnystudio.com/listener for privacy information.