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SpaceX Share Sale Could Value Company at $500 Billion
Bloomberg Television· 2025-12-05 20:44
I guess it was a question of just when. Right. Not if it was going to happen.Yeah. I just want to correct and clarify some things for you guys. There are two distinct things here.There is a tender offer which is an India side to share sale. What basically SpaceX's done does this annually or biannually. It allows employees and early investors to sell shares at a specific price and therefore valuation to give them some liquidity.So the Journal had reported that this tender was at a share price that would give ...
Elon Musk's X is Fined $140 Million by the EU for misleading users
Bloomberg Television· 2025-12-05 19:34
The content moderation law is the Digital Service Act. And this is one of these sort of sort of solitary packages that European put in place to regulate the technology sector. This one became live in August 2023, and this probe was launched close to two years ago in December 2023.And really what the European Commission was looking at was sort of in the build up to some European parliamentary elections, whether there was this information that was being spread across Twitter now. What this fine actually asses ...
Trump brings together leaders of Congo and Rwanda to sign peace deal
Bloomberg Television· 2025-12-05 19:27
Geopolitical & Economic Agreement - Agreement aims to end a long-running conflict involving over 10 million people [1] - Agreement seeks to establish harmony and cooperation between the Democratic Republic of the Congo and Rwanda [1] - The United States is entering bilateral agreements with the Congo and Rwanda [3] Resource Extraction & Investment - Agreements will provide the United States with access to critical minerals [3] - US companies will be involved in extracting rare earth elements and other assets [4] - The US anticipates economic benefits for all parties involved [3][4]
Pipe-Bomb Suspect Charged Over Devices Found Before Jan. 6 Riot
Bloomberg Television· 2025-12-05 19:10
Afternoon. As you all know now, early this morning, Brian Cole Jr. . was arrested and charged with placing the pipe bombs at the RNC and the DNC on January 5th, 2021.He has been charged with violating 18 USC 844, which is use of an explosive device. This investigation is ongoing. As we speak, search warrants are being executed and there could be more charges to come.Let me be clear. There was no new tip. There was no new witness.Just good, diligent police work and prosecutorial work. When you attack America ...
Microsoft Excel turns 40: Why it might be the best piece of software ever #shorts
Bloomberg Television· 2025-12-05 19:06
There not too many people who love Microsoft Excel. If you try to imagine like the most depressing version of a modern workplace, so kind of gray carpets, highwall cubicles, sad salads, Microsoft Excel on computer screens. Even though a lot of people despise this thing, I think you could make an argument that it is the single most important piece of software ever created.Excel today has around 500 million paying users. It's sold by Microsoft as part of a product suite that pulls in around hundred billion do ...
Bank of America CEO: The US consumer is doing fine #economy
Bloomberg Television· 2025-12-05 19:02
How's the US economy doing. Actually, how's the US consumer holding up. >> The US consumer is doing fine.It was good and around the the Black Friday in the US and the cy Cyber Monday and all the things they talk about the spending was solid and good and it's consistent with a growing economy. Our team has economy growing next year at 2.4%. So Candace and her team who are the best in the business, you know, that that's their thing.But everything we see in the consumer side sets that up. >> Is there a worry a ...
Secretary Burgum: Data centers aren’t increasing electricity costs, policy is
Bloomberg Television· 2025-12-05 18:55
Electricity costs three times as much in New England as it does in North Dakota. Uh that is not that is not because of data centers. That's because of policies.A lot of the higher prices that you're seeing are not related to the AI data centers. A lot of the A data centers are going to be off the grid behind the meter and then producing adding more energy and then and then putting some of that energy onto the grid. So we could be actually increasing the supply.In some of those areas where we've got increase ...
Modi, Putin Push to Deepen Ties Despite US Pressure #russia #ukraine #politics
Bloomberg Television· 2025-12-05 18:55
Russian President Vladimir Putin was in India for the first time this week since the start of the war in Ukraine. For both Putin and Indian Prime Minister Narendra Modi, this visit shores up what's a longstanding partnership between these two countries in the face of intense pressure from US President Donald Trump. Both leaders sought to showcase a deepening economic partnership between their respective countries.Each side is pledging to bolster trade with India looking to Russia to buy more goods to offset ...
Steven Rattner: US can’t “out-negotiate” China #shorts #china #politics #markets
Bloomberg Television· 2025-12-05 18:35
As China looks externally, what do they see as their opportunity market. >> Well, I think mostly the developed world. Obviously, their EVs are huge in Europe.The Europeans are trying to clamp down on it. But if you look at new car registrations in Europe, BYD is registering as many cars there as everybody else all put together because of the price. And it raises an interesting question for us, which is that, you know, I believe in the auto industry here, as you know, but we're effectively denying our consum ...
Future of the Federal Reserve, Finding Opportunity Within Credit | Real Yield 12/5/2025
Bloomberg Television· 2025-12-05 18:31
SCARLET: FROM NEW YORK CITY FOR OUR VIEWERS WORLD WIDE, I’M SCARLET FU, BLOOMBERG “REAL YIELD" STARTS RIGHT NOW. U.S. CONSUMER SENT. RISING FOR THE FIRST TIME IN FIVE MONTHS AS TRADERS PREPARE FOR THE FEDERAL RESERVE WITH A CLOUD OVER CENTRAL BANK INDEPENDENCE.ED A -- BINGE THREATS TO SWAMP CREDIT MARKETS ON BOTH SIDES OF THE ATLANTIC. WE BEGIN WITH THE FUTURE OF THE FED. >> THE QUESTION IS WHAT THE MARKET EXPECTS THE FED TO DO VERSUS WHAT IT PLANS TO DO.WE GET AN IDEA OF UNDERLYING MOMENTUM. >> I THINK THI ...