And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Scarlet Fu taking it through to the closing bell with the global simulcast. We're joined right now by Carol Massar and tim sandvik in the radio booth.Katie greifeld has the day off. Welcome to our audiences across all of our bloomberg platforms. That includes our partnership with YouTube for you to Gigli.Gus is over there in the radio booth trying to find what we're trying to figure out. We're playing planes, trai ...

>> THIS IS "BLOOMBERG BUSINESSWEEK DAILY." REPORTING FROM THE MAGAZINE THAT HELPS GLOBAL LEADERS STAY AHEAD. WITH INSIGHT ON THE PEOPLE, COMPANIES, AND TRENDS SHAPING TODAY'S COMPLEX ECONOMY. PLUS, GLOBAL BUSINESS, FINANCE, AND TECH NEWS AS IT HAPPENS."BLOOMBERG BUSINESSWEEK DAILY" WITH CAROL MASSAR AND TIM STENOVEC LIVE ON BLOOMBERG RADIO, TELEVISION, YOUTUBE, AND BLOOMBERG ORIGINALS. CAROL: VERY GOOD AFTERNOON, EVERYBODY. WE ARE ACROSS BLOOMBERG PLATFORMS.THIS IS "BLOOMBERG BUSINESSWEEK DAILY." INITIALLY ...

Risk Management - The company is continuously working on managing third-party risk, especially concerning supply chain constraints [1] - Procedures are being put in place to handle potential backlog doubling and further supply tightening [1] Client Diversification - The company has significantly diversified its client base [2] - At the beginning of the year, 85% of revenue came from a single client [2] - Currently, no single client represents more than 35% of the company's backlog, a decrease from 50% last quarter [2] - Tremendous progress is being made on the contracting side [2] Supply Chain Diversification - No single data center provider represents more than 20% of the company's 29 gigawatts of power to be delivered over the next 24 months [3] - The company is focused on diversifying both clients and suppliers [3]

One of the things that this industry looks vulnerable to or has an opportunity to do is to bring in AI. >> Yes. >> How much are you spending on AI right now.How much do you think it's going to change your business. How does it change your business. >> Yes.I I think we what what we know for certain is that it's going to change the business. Okay. How we are not yet okay as that you haven't figured out yet.>> No, I I I think I think there are obvious areas. You know I I was actually last week Monday morning M ...

SoftBank has sold its entire stake in Nvidia, pocketing $5.8% billion in the process. So why is SoftBank selling now. The company says it needs the liquidity to fund its AI investment bets, whether that's deal making or infrastructure.But it comes, of course, at a time when there's a lot of concern and a lot of hand ringing about whether or not we are facing an AI infrastructure bubble. Again, SoftBank says this is about financing. It's not about Nvidia itself, but the company does want to be a key player o ...

यहां पे अब तक चार टीमें पहले आ चुकी थी। ये पांचवी टीम आई 3 2 3 7 हां. ...

We are in day 42 of the US government shutdown and small business owners are bracing for a steep rise in health care costs next year. Some are even saying that their premiums for health care insurance are set to nearly quadruple. For more, let's bring in Bloomberg's Caitlin Reilly.So, Caitlin, you spoke with a bunch of small business owners. What are they telling you in terms of the frustrations with the increased premiums. Well, they're weren't really worried. They're worried for a couple of reasons.First, ...

AI & Technology - Hyperscalers resemble the operating systems of the dotcom boom and have the best chance of creating software packages that bring AI to the people [4] - The rapid depreciation of AI chips, with new chips appearing every 18 months that are ten times more powerful, poses a risk to independent companies [7] - The focus is on who will create the software package that can be monetized, with hyperscalers having the best chance [7] Market & Investment Trends - The world is different from the dotcom boom era because most companies understand that many of those companies never generated earnings or revenues [1] - Only Microsoft, Apple, and Amazon recovered from the dotcom boom and became substantially larger companies [2] - The ETF business has changed the investment landscape from mutual funds, offering tax efficiency and lower running costs [9][10] - Private debt relative to GDP is down 2% annually, indicating the private economy is saving money [16] - The dollar's stability suggests that the anticipated economic problems may not be as severe as expected [17] Value Investing - The most important engine of a value company is generating free cash flow and collapsing capitalization [13] - Value companies in mature industries should focus on generating cash flow rather than investing heavily in CapEx [13]

The CFTC regulates futures and swaps events and other things. Swaps are considered, event contracts are considered swaps. So the CFTC was deeply involved in this issue.The CFTC tried to prohibit event contracts on elections, and there was litigation on that topic. And ultimately the event contract prediction market prevailed in court and the CFTC dropped that case. So now you have really a rapid growth in prediction markets, as you noted.Right. It started with elections and we saw it in the 2020 election. T ...

[Music] The September ADP private payrolls report showed a decline of 32,000 jobs, later revised to 29,000, marking the largest monthly drop since early 2023. This was driven in significant part by a one-time methodology recalibration aligned with the BLS benchmark revisions, which subtracted 43,000 jobs from the September figure, meaning the underlying data would have indicated a modest gain of about 11,000 without the adjustment. October rebounded with a gain of 42,000 exceeding economist expectations aro ...