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Big Tech Spend Fuels Next Leg of AI Arms Race
8:28
Bloomberg Television
Big Tech Spend Fuels Next Leg of AI Arms Race
Dan Ives, Global Head of Tech Research at Wedbush Securities, discusses the AI landscape and what stocks he is looking at as we head into 2026. Meta Platforms Inc. is in talks to spend billions on Google’s AI chips, the Information reported, adding to a monthslong share rally as the search giant has made the case it can rival Nvidia Corp. as a leader in artificial intelligence technology. A deal would signal growing momentum for Google’s chips and long-term potential to challenge Nvidia’s market dominance, after the company earlier agreed to supply up to 1 million chips to Anthropic PBC. Google owner Alphabet Inc. is on track to hit a $4 trillion market valuation for the first time when trading opens in New York on Wednesday. Nvidia’s shares were down about 4% in premarket trading. Meta is in discussions to use the Google chips — known as tensor processing units, or TPUs — in data centers in 2027, The Information reported, citing an unidentified person familiar with the talks. Meta also may rent chips from Google’s cloud division next year, the news outlet said. An agreement would help establish TPUs as an alternative to Nvidia’s chips, the gold standard for big tech firms and startups from Meta to OpenAI that need computing power to develop and run artificial intelligence platforms. Nvidia’s stock is already facing headwinds as investors fear a broader AI bubble. Michael Burry, immortalized in The Big Short for his bets against the housing market during the 2008 financial crisis, has scrutinized the chipmaker over circular AI deals, hardware depreciation and revenue recognition. After Google’s Anthropic deal was announced, Seaport analyst Jay Goldberg called it a “really powerful validation” for TPUs. “A lot of people were already thinking about it, and a lot more people are probably thinking about it now,” he said. “Google Cloud is experiencing accelerating demand for both our custom TPUs and NVIDIA GPUs; we are committed to supporting both, as we have for years,” a spokesperson for Google said. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Nov 27, 2025
China's Anta Sports Said To Weigh Bid For Germany's Puma | The Pulse 11/27
48:55
Bloomberg Television
China's Anta Sports Said To Weigh Bid For Germany's Puma | The Pulse 11/27
Chinese apparel company Anta Sports is among firms exploring a potential takeover of Puma, according to people familiar with the matter. Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, said the people, who asked not to be identified because the information is private. The company may team up with a private equity firm if it decides to move forward with an offer, some of the people said. Puma shares surged as much as 17% in Frankfurt trading. A representative for Anta didn’t respond to requests for comment, while representatives for Artémis, Asics and Puma declined to comment. Responding to a Bloomberg News query, Li Ning said in a statement that it remains focused on the growth of its brand, and hasn’t conducted any “substantive” negotiations or evaluations relating to Puma. Today's guests: Claudia Panseri, UBS France CIO; Odile Renaud-Basso, EBRD President; Bruna Skarica, Morgan Stanley Chief UK Economist; Oscar de Bok, DHL Global Forwarding CEO. --- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:49 - Claudia Panseri, UBS France CIO 00:06:27 - UK Chancellor Reeves raises UK taxes by £26B 00:11:32 - Hong Kong arrest three people over high-rise fire 00:13:16 - Two US national guard troops shot in DC 'ambush' 00:13:48 - Anta Sports said to weigh Puma bid 00:16:35 - Odile Renaud-Basso, EBRD President 00:24:01 - Thursday headlines 00:24:27 - Reeves: I took fair and necessary choices 00:26:17 - Bruna Skarica, Morgan Stanley Chief UK Economist 00:34:19 - JPMorgan plans new Canary Wharf tower 00:37:25 - Pentagon letter says Chinese tech majors aid its military 00:38:47 - Alibaba releases quark smart glasses with its Qwen AI built in 00:41:10 - Oscar de Bok, DHL Global Forwarding CEO. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Nov 27, 2025
Post UK Budget Special: Reeves Raises Taxes by £26B | The Opening Trade 11/27/2025
1:36:00
Bloomberg Television
Post UK Budget Special: Reeves Raises Taxes by £26B | The Opening Trade 11/27/2025
Chancellor of the Exchequer Rachel Reeves announced £26 billion of tax increases in a budget that was meant to convey stability but left investors reeling when most of the key measures were accidentally released early. The policies in the budget, in which Reeves more than doubled her key fiscal buffer to £22 billion, were posted online by the Office for Budget Responsibility about an hour before she rose to speak in the House of Commons. The OBR apologized and launched an investigation into the error, which Reeves described as “deeply disappointing.” The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:00:00 - The Opening Trade 11/27/25 00:02:03 - Reeves Raises UK Taxes by £26 Billion 00:04:44 - Markets Welcome UK Budget 00:07:27 - Stocks Set To Erase Monthly Loss On Fed Cut Bets 00:10:49 - Need To Know 00:14:02 - Jonathan Portes 00:26:42 - Amanda Tickel 00:34:04 - Futures 00:36:17 - UK Child Benefit Cap Axed, Welfare Spending Increased 00:40:38 - Laurence Mutkin 00:48:01 - The Market Open 00:52:18 - Peter Oppenheimer 01:00:15 - Movers 01:03:17 - UK Shadow Chancellor of the Exchequer Mel Stride 01:12:41 - Need To Know 01:15:38 - Martin Gilbert 01:30:24 - John Caudwell -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Nov 27, 2025
Boomers are passing down way too much stuff
1:42
Bloomberg Television
Boomers are passing down way too much stuff
Figurines, coins and model trains. As the $90 trillion Great Wealth Transfer begins, millennials and Gen X aren’t just inheriting money — they’re inheriting their parents’ stuff. Chris Rovzar breaks it down. Original filename: Great Stuff Transfer_4.mp4 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Nov 27, 2025