Bloomberg Businessweek

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

  1. قبل ٦ ساعات

    Trump, Billionaire Isaacman Said to Meet About Top NASA Job

    Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Jared Isaacman and President Donald Trump have met in recent weeks and discussed reviving the fintech billionaire’s nomination to lead NASA, according to a person familiar with the matter.A decision to reconsider the Elon Musk ally would mark a major reversal for Trump after the White House revoked the job offer in May citing Isaacman’s ties to Democratic politicians. That left NASA without a long-term leader as the space agency grapples with funding and job cuts and races to bring astronauts back to the moon.Trump has met with Isaacman, a SpaceX astronaut and executive chairman of Shift4 Payments Inc. in person more than once in recent weeks to discuss his vision for leading the space agency, the person said, speaking on condition of anonymity because the matter is confidential.The person cautioned that Trump hasn’t made a final decision and could go in a different direction. The role of NASA administrator also requires confirmation by the US Senate. Today's show features: Bloomberg Tech Co-Host Ed Ludlow on reports that Jared Isaacman and President Donald Trump have met to discuss reviving Isaacman's nomination to lead NASA Samira Bakhtiar, General Manager of Media & Entertainment, Games & Sports Industry at AWS, on the impact of AI in Entertainment Laura Martin, Senior Entertainment & Internet Analyst, Needham & Co., on the prospects for consolidation in the media and entertainment business Edward Hamati, Chief Investment Officer of The Steward Trust and President of Polarity, on investment trends in the media and entertainment business See omnystudio.com/listener for privacy information.

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    Government Shutdown Clouds Fed Outlook

    Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Several participants at the Federal Reserve’s September policy meeting said it was important to continue monitoring money-market conditions and evaluate how close bank reserves are to their “ample” level, as the central bank continues to unwind its massive portfolio of securities. The remarks come as prolonged funding pressures in US money markets, just as bank reserves held at the Fed are dwindling, are suggesting the central bank may be getting closer to ending its balance sheet runoff. A few participants noted that the Standing Repo Facility — the Fed’s liquidity backstop — would help keep the federal funds rate within its target range and ensure that temporary pressures in money markets wouldn’t disrupt the ongoing balance-sheet reduction, according to the minutes of the Sept. 16-17 gathering released Wednesday.  Today's show features: Kay Herr, JPMorgan Asset Management US CIO of Global Fixed Income, Currency, and Commodities Stephen Carroll, Host of Bloomberg Daybreak Europe, on Macron's next two days during which he needs to select a new prime minister Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research, on how AI became a trillion dollar market Herman Chan, Bloomberg Intelligence Senior Analyst for US Regional Banks on the bank merger outlook See omnystudio.com/listener for privacy information.

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    AMD Inks Chip Deal With OpenAI That Triggers Explosive Rally

    Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Advanced Micro Devices Inc. landed a blockbuster deal with OpenAI to build artificial intelligence infrastructure, giving the chipmaker a chance to show it can mount a challenge to Nvidia Corp. in the AI computing industry. AMD shares soared 24% to $203.71 after the agreement was announced Monday, adding $63.4 billion to the company’s market valuation. It’s now worth $330.6 billion, more than Coca-Cola Co., General Electric Co. or Chevron Corp.  OpenAI will deploy 6 gigawatts’ worth of AMD graphics processing units over multiple years, according to the pact, which is just over half the size of an agreement the AI startup recently reached with Nvidia. It also sets the stage for OpenAI to acquire a large stake in the chipmaker. The deal represents a high-stakes test for AMD — one that could deliver tens of billions of dollars in new revenue and burnish its status as a serious contender in AI technology. There are also risks: It further ties AMD’s prosperity to an AI market that some worry is in a bubble. Today’s show features:Bloomberg Tech Co-Host Ed LudlowBloomberg Intelligence Global Head of Technology Research Mandeep SinghRick Welts, CEO of the Dallas Mavericks, and Bloomberg News Texas bureau Chief Julie FineDrive to the Close with Lesley Marks, CIO for Equities, Mackenzie Investments See omnystudio.com/listener for privacy information.

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Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

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