Business
Bloomberg Surveillance 10/11/2024
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to …
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Business
Kai-Fu Lee Questions Soaring AI Valuations
AI pioneer Kai-Fu Lee discusses whether trillion-dollar AI valuations can be justified, the risks of circular funding, and the impact of cheaper Chinese and open-source models. The Sinovation Ventures Chairman and CEO and 01.AI CEO also explains why businesses need to reinvent themselves around AI, and why Europeâs biggest opportunity may be in AI applications rather than foundation models. Lee appeared on âThe Pulse with Francine Lacquaâ.
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Business
Huang Said to Have Had Affair With Nvidia Executive: NYT
Nvidia CEO Jensen Huang had a relationship with Kimberly Powell, Nvidiaâs vice president of health care, according to the New York Times. Michael Shepard has more on “Balance of Power: Evening Edition.”
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Business
Houthis Hit Saudi Aramco Headquarters in Missile Attack
Saudi Aramcoâs headquarters in Dhahran was hit during a missile attack by Yemenâs Houthi militants. A fire broke out in part of the complex. This is according to people with knowledge of the matter. The Houthis have launched several missile attacks against Saudi Arabia in recent days. Kailey Leinz reports.
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Business
Odd Lots: AI Agents Are Already Changing the Price of Goods
With the release of AI agents like Meta’s Muse, tech companies are promising consumers that they will start saving them tons of money by finding the best deals.
On this episode of the Odd Lots podcast, President and CEO of Groundwork Collaborative Lindsay Owens joins Joe Weisenthal and Tracy Alloway to discuss her think tank’s research into agentic commerce and how agents may not be operating in the best interest of the consumer.
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Business
Ritholtz on What’s Causing the Stock Selloff
Technology stocks plummeted on Thursday as traders assessed the implication of a Democratic sweep in the US midterm elections on cloud data centers. Barry Ritholtz, Founder of Ritholtz Wealth Management and Host of âMasters in Businessâ joins to discuss the market selloff.
The selloff in tech stocks comes amid growing worries that a Democratic sweep of Congress could bring tighter regulation of US data centers and weigh on semiconductor demand.
Read more: https://www.bloomberg.com/news/articles/2026-11-05/us-stock-futures-diverge-as-chip-selloff-extends-into-second-day?srnd=homepage-americas
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