Elon Musk’s lieutenants have reached out to chip industry suppliers for his envisioned Terafab, early steps in an audacious and …

source

Apple delivered a surprisingly strong revenue forecast for the third quarter, benefiting from new products launched in March, …

source

The British pound is heading for its worst week since 2024 against the US dollar and gilt yields surged as the pressure on UK …

source

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Donald Trump’s trip to China. On today’s show, Republican Senator Ted Budd, Democratic Congressman Raja Krishnamoorthi, Stonecourt Capital Partner Rick Davis, Bully Pulpit International Managing Director Adam Hodge and Republican Senator Steve Daines.

Chapters:
00:00:00 – Balance of Power: Early Edition
00:02:03 – Cerebras Systems Opens at $350, IPO at $185
00:06:17 – Trump, Xi Pledge Closer US-China Ties
00:09:48 – Xi warns Trump of Taiwan Risk to Ties
00:17:14 – Cerebras shares surge 89% after %5.55B IPO
00:23:49 – Xi Tells US that China Will Open Up More
00:24:52 – Trump and Xi Strike Optimistic Tone at Summit
00:32:19 – Trump invites Xi to Visit White House in September
00:39:20 – Boeing Wins 200-Jet Plane Ordered from China, Trump Says
00:40:17 – China Renews Us Beef-Plant Import Licenses
00:42:46 – Trump says China Relationship to be Better Than Ever
00:47:26 – Xi Tells US that China Will Open Up More
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

After years of waiting congestion pricing finally started on Jan. 5 on vehicles traveling into midtown and lower Manhattan. Results …

source