Bloomberg Markets
Following earnings this week that saw tech giants like Microsoft and Amazon report aggressive AI spending plans, EZ Primary Research CEO Ed Zitron gives his more skeptical take on the industry. In speaking about OpenAI and Anthropic Zitron argues "everyone is buying into these stocks because they believe all of that CapEx is going towards diverse and spread out AI demand, when in fact, what it's actually doing is helping create infrastructure for two unprofitable, unsustainable companies." (Sour
Bloomberg Markets
Former Federal Reserve Vice Chairman Richard Clarida, and now a global economic adviser for Pimco, talks to Tom Keene and Scarlet Fu on"Bloomberg Money". Clarida endorsed the view that the US has a so-called K-shaped economy, with the divergence between its two branches widening over the past six to seven years. (Source: Bloomberg)
Bloomberg Markets
Ryan Serhant, CEO and Founder of luxury real estate firm Serhant, discusses the company's strategic expansion into Texas, highlighting the state's robust job growth and entrepreneurial environment. Texas leads the nation with over 3.5 million startups and small businesses, and more Fortune 500 headquarters than any other state, driving a strong luxury housing market with $25 billion in residential sales over $1 million in the past year. He speaks with Romaine Bostick on "The Close." (Source: Blo
NY Times Business
Situational Awareness, led by a 24-year-old, exploded onto the artificial intelligence scene — and then nose-dived.
Yahoo Finance
Yahoo Finance
Financial Times
Ecommerce giant has roughly 5% stake in AI lab after equity deal
Bloomberg Markets
Former Federal Reserve Vice Chairman Richard Clarida, and now a global economic adviser for Pimco, says said the central bank risks creating uncertainty if it alters its preferred inflation measure without clearly communicating what policymakers are targeting. Clarida offered that caution on Friday on "Bloomberg Money" in the wake of Chairman Kevin Warsh’s suggestion for a review of possible alternatives to the US personal consumption expenditure core index, known by the acronym PCE. Clarida spe
Yahoo Finance
Bloomberg Markets
Jake Paul's combat-sports company Most Valuable Promotions is merging with the Professional Fighters League, aiming to take on the Ultimate Fighting Championship. Bloomberg's Romaine Bostick & Vanessa Perdomo sat down with Jake Paul and Nakisa Bidarian, co-founders of Most Valuable Promotions, and John Martin, CEO of the newly formed company, to discuss the merger, and the roadmap ahead for the new company. (Source: Bloomberg)
Yahoo Finance