From electrical contractors to HVAC engineers, people far from Silicon Valley are quietly asking the same question: Is AI a bubble? Speaking with Joe Weisenthal and Tracy Alloway on Odd Lots, Jasmine Sun explains how local communities weigh the massive economic tradeoffs of multi-year data center projects when they aren’t even sure if the technology—or its funding—is here to stay. Listen wherever you get your podcasts.
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SMBC economist Joseph Lavorgna tells Kailey Leinz that due to inflation data, he expects the Fed to raise rates https://bloom.bg/4eNesXG

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Romaine Bostick reports from Martha’s Vineyard, where Bloomberg’s New Voices program spoke with executives such as Roz Brewer and David Hall on the importance of diversity and the state of business today https://bloom.bg/4goHIEW

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Nationalist party Alternative for Germany (AfD) is leading polls ahead of Sunday’s election in Saxony-Anhalt. The AfD is pushing back on a growing chorus from centrist politicians, think tanks and industry leaders warning of the negative consequences of the far-right party’s proposals. Bloomberg’s Christoph Rauwald reports.
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Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum. Ed Ludlow breaks down the company’s Q2 earnings.
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