This just crossing the wire. A new deal in pact between Microsoft and open air. It's a new stake in open air p, b, c.What does that mean. Well, joining us is Bloomberg Tech co-host Caroline Hyde. And, Caroline, with these new agreements, first of all, Microsoft immediately jumping on this news.But I just look through the headlines and I'm going to be honest, a lot of it is like a foreign language to me, but it just show that the two are coming closer together. What exactly is this. We knew that a memorandum ...

This is what you need to know about Substrate, the secretive American startup that wants to reinvent chipm and bring it back to the US. Substrate says it's built a chipm tool, a lithography machine that can displace ASML's EUV lithography machine. Substrate's tool uses a particle accelerator as its light source.It's designed from the ground up, about a tenth of the size of ASML's EUV machines that can cost hundreds of millions of dollars. And Substrate says it X-ray lithography machine is already printing w ...

ANNA: GOOD MORNING FROM LONDON. WE ARE ONE HOUR AWAY FROM THE OPENING TRADE. PRESIDENT TRUMP HAILS THE U.S. ALLIANCE WITH JAPAN, OFFERING FULL SUPPORT WHILE TALKING TO THE NEW PRIME MINISTER FOR HER PLANS TO BOOST DEFENSE SPENDING. U.S. EQUITIES HIT AN ALL-TIME HIGH, YET THE GLOBAL STOCKS RALLY TAKES A BREATHER IN ASIA AS INVESTORS BRACE FOR MORE EARNINGS AND CENTRAL BANK DECISIONS THIS WEEK. HSBC STRIKES A BULLISH TONE FOR 2025 DESPITE CONCERNS ABOUT PROPERTY. BNP PARIBAS TALKS ABOUT RISING PROVISIONS. KRI ...

Nvidia CEO and President Jensen Huang delivers a keynote address from the Nvidia GTC event in Washington, DC. He is scheduled to start speaking at 12 noon ET. Watch Bloomberg Television's full coverage of Nvidia’s GTC conference at Bloomberg.com/live. ...

Expansion Strategy - Pop-Up Bagels aims to open 300 stores across the US within the next 4 years [1] - The company currently operates in 16 stores, with 7 in New York [2] - Franchise deals have been signed in more than half of US states [2] Financial Status - The company reports being profitable and carries no debt [2] - Stripes led a $27 million funding round, taking a majority stake in the company [3] - Pop-Up was generating around $10 million in annual revenue at the time of investment [4] - A $8 million raise for the brand was led by a New York firm in 2023 [4] Operational Model - Each location averages 700 to 1,200 square feet, focusing on takeout with limited seating [3] - Opening a store costs between $300,000 and $900,000 [3] - Dough distribution centers are being built across the country for daily deliveries to regional hubs [5]

Capital Flow - Initially, there was a modest shift of capital out of the US dollar into Europe, driven by a significant overweight in dollar-based assets [1] - In the last two months, capital has been returning to the United States [1] - Most global investors maintain a substantial overweight in US assets [4] - The US is considered the most favorable location for overweighting investments for at least the next 18 months [4] Economic Growth - Over 40% of the US economic growth in the second quarter was attributed to CapEx for technology [2] - CapEx investments, including data centers, power gas exploration, and gas turbine construction, are more prevalent in the US than in Europe [3] - The significant disparity between US and European GDP is partly due to these factors [4]

Zoom is a great tool, so I'm not making fun of Zoom. But, you know, younger people are being left behind. Their social lives are deteriorating.They don't get ahead. But even all of us in management, when we meet on the Hollywood Squares, there's not as eyes a conversation. You don't have that constant follow up.People say, Well, pick it up next week when we get there. You know, Steve Jobs, you talk about the collaboration. It's accidental because you run into someone in the hall and they come with the idea ...

It's a very strong on diplomacy. I am determined to restore dynamic Japan's diplomacy to protect Japan's own national interest. In addition, I am ready to promote further collaboration with you and with the United States toward our shared goal of achieving a free and open IndoPacific.>> Well, I want to thank you very much and I want to congratulate you. As you know, Shinszo Abi was a great friend of mine and uh I was very saddened to see what happened. It was so shocking.I have always had a great love of Ja ...

US-China Relations & Global Economy - De-escalation between the US and China is viewed as beneficial for global confidence and growth [1][2] - Tariffs have had a neutral impact on the bank's business, with increased financial market activity offsetting deferred investments [3][5] - Trade rerouting presents a significant opportunity for the bank, particularly in Europe, the Middle East, Asia, and Africa [6] - Trade is likened to water, finding a way to flow, creating opportunities for the bank [5][7] Regional Performance & Investment - Saudi Arabia is experiencing an investment boom, driving growth for the bank [8][9] - Egypt is on a path of recovery, contributing to the bank's positive outlook in North Africa and the GCC [10] - The bank has invested heavily in its wealth management presence in Dubai to serve the region [11] Credit Environment & Risk - The bank sees no signs of stress in its portfolio, despite some credit fears in the market [14] - Private credit is considered to be managed by professional investors, with potential for losses in a downturn, but not a systemic risk [15][16] - The bank remains positive for the rest of the year and into next year, citing robust credit environment and increasing trade [17][18] Digital Assets & Cryptocurrency - The bank distinguishes between cryptocurrencies (speculative instruments) and digital assets like stablecoins (lubricant for the digital economy) [20][21] - The digitization of money is considered a profound evolution, with all money eventually becoming digital [23] - The bank plays a critical role in bridging the old and new economies in digital assets, operating a leading institutional-grade cryptocurrency custodian marketplace [24][25] - Regulatory divergence poses a challenge in the digital asset space [25] - The bank has a cryptocurrency trading license but faces capital charge limitations on overnight positions [26]

>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON, D. C. DAVID: FROM OUR STUDIOS AND TV RADIO AND I’M DAVID GURA IN FOR JOE MATHIEU.FINANCIAL MARKETS ARE BUOYED AND HITTING A FRESH RECORD AS ITS WHITE HOUSE PROMOTES KEY DEALS. THE DEVIL IS IN THE DETAILS AND FINANCIAL WORLD AND WASHINGTON AWAIT THE PRESIDENT’S MEETING WITH PRESIDENT XI AND DISCUSS THE DEVELOPMENTS AND ON THEIR AGENDA WITH NICHOLAS BURNS AND HOW THE UNCERTAINTY IS IMPACTING SMALL BUSINESSES WITH KELLY LOEFFLER. AND CALLING ON CONGRESS TO RE ...