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Duke Energy says it can meet rising data center demand without shifting the costs to households. CFO Brian Savoy joins Bloomberg Open Interest to explain how hyperscalers pay their share, why the company expects growth to continue and how…
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As the cost of capital rises, David N. Miller says private markets still see opportunity, from flexible financing for hard-to-refinance assets to infrastructure beyond the AI boom. He discusses AI's long-term potential, concentration…
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Rio Tinto is committing $144 million to advance the Resolution Copper project in Arizona, funding additional drilling, engineering and infrastructure work. The company says long-term copper demand is being driven not just by AI and data…
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Voters across America have not only come out against data centers, but also presented a challenge to the AI billionaires behind them. Victorious Democrats must now contend with that outcome while ensuring US AI labs remain competitive on…
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Source: Bloomberg, 2:42
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Bitcoin tumbled to a seven-week low as a rout in technology shares spilled into risky assets, hurting sentiment in digital assets already under pressure from industry-specific woes.
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Elon Musk’s SpaceX has already transformed the internet-from-space business. Now, he’s taking on another entrenched industry with plans for a terrestrial wireless network to rival Verizon Communications Inc., T-Mobile US Inc. and AT&T Inc.
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The developer of power infrastructure for Oracle Corp.’s New Mexico data center agreed to delay a deadline for action on a key air permit, giving state environmental regulators more time to review it rather than deny the application.
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US employers announced the fewest number of job cuts for any October since 2023, while hiring plans picked up as companies began gearing up for the holiday-shopping season. Christopher Hodge, Chief US Economist with Natixis, discusses the…
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The Democratic sweep of Congress and a handful of governor races sent stock prices spiraling for so-called neoclouds. With contests swinging toward candidates promising tougher restrictions on building data centers and other…
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Harmeet Dhillon plans to step down from her role leading the Justice Department’s civil rights unit, marking the first senior DOJ official to resign following Democrats’ massive midterm wins.
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On this episode of Stock Movers: - Zillow (Z) is moving after it posted weaker-than-expected results and signaled that adjusted earnings in the next quarter could be the weakest in three years. - Expedia (EXPE) shares are dropping even…
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The US midterm elections have reshaped the policy landscape for the final two years of President Donald Trump’s term, with Democrats winning control of both the House and Senate and ushering in a divided government. On Nov. 4, Bloomberg…
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Parents of newborns in the US are rejecting once-routine vitamin K shots at an increasing rate, and the number of babies who experience the potentially deadly bleeding that it’s designed to prevent is on the rise, a new study shows.
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Is Israel’s rock-solid bipartisan American support crumbling? Dan Williams explains what sweeping Democratic midterm wins mean for the alliance. (Source: Bloomberg)
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Bernstein Private Wealth Management CIO Alex Chaloff says the selloff in AI stocks is creating buying opportunities in the market. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
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Bank of England Governor Andrew Bailey said another interest-rate hike is "probably more likely than not" if the high energy costs seen in recent weeks return. He made the comments in an interview with Bloomberg's Francine Lacqua after the…
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Federal prosecutors are asking that Ken Leech, the former Western Asset Management Co. co-chief investment officer who pleaded guilty to lying to the SEC, serve at least one year behind bars.
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Paraguayan President Santiago Peña stepped down Thursday, local outlet ABC reported, as lawmakers kicked off a debate over his impeachment after the collapse of a major commercial bank with ties to his government plunged the South American…
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Sony Group Corp. introduced an inexpensive pair of wired headphones, joining a growing trend in what it called “a nod to both the ‘80s Walkman era and today’s retro tech revival.”
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Defense tech startup set to acquire Echodyne Corp., which sells radar sensors to government and commercial customers.
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Companies racing to build AI infrastructure are promising raises, bonuses and promotions to lure technicians from rivals.
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First-time homebuyers are not only historically old but also increasingly reliant on family wealth.
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Sarah Hunt, Alpine Saxon Woods chief market strategist, reacts to the chipmaker selloff which pulled down the Nasdaq 100 by 5% in early trading on Thursday. Some investors are worried a Democratic sweep of Congress could mean tighter…
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