“We’re looking at everything right now.” Arm CEO Rene Haas told Ed Ludlow that the Stargate AI project, an effort backed by OpenAI and Arm parent SoftBank that will include a massive build-out of data centers, is “an amazing opportunity.” The CEO discusses investment on “Bloomberg Tech” following a lower-than-expected profit forecast http://bloom.bg/4lb17cS

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with …

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UniCredit CEO Andrea Orcel discusses the status of the lender’s bid to buy Commerzbank. The Italian bank is already the largest investor in Commerzbank and currently owns just under 30% in it. Orcel has been trying to buy the German rival for over 18 months, but Commerzbank’s leadership has consistently rebuffed the approach. Orcel speaks on Bloomberg Television.
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
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The New York Times reports that Vice President JD Vance’s trip to Pakistan for peace talks with Iran is on hold for now. We hear more from Republican strategist Lanhee Chen and Jeanne Sheehan Zaino, a Bloomberg contributor, on “Balance of Power.”
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