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Rep. Meeks on urgency of crypto regulations following market selloff#shorts #crypto #selloff
Bloomberg Television· 2026-02-05 23:39
Many Democratic lawmakers are voicing concerns about the attempt to regulate with a market structure bill known as the Clarity Act. Do you need to see additional ethics provisions when it comes to crypto to warm up to this idea. What does this what does this price destruction today do to the charge of regulating the crypto space.Well, look, I think that we've got to have and make sure that the appropriate regulations are in place so that people are safe. Uh, and I think that uh what we want to make sure als ...
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
Bloomberg Television· 2026-02-05 22:34
So markets have seen plenty of AIdriven sell-offs since Chad GPT launched. But this week's meltdown feels different. In just two days, hundreds of billions of dollars were wiped out across stocks, bonds, and loans tied to tech companies.Software took the hardest hit with nearly one trillion erased from the EyesShare software ETF just in the past week. What's spooking investors isn't talk of a bubble. It's the idea that AI is starting to reshape the way that some work is done and displace the companies that ...
Tether Co-Founder Weighs In on Bitcoin Selloff
Bloomberg Television· 2026-02-05 22:26
Bill, I want to start off actually talking about the Treasury model here in this space here and whether given some of the pullback that we've seen in the actual price of Bitcoin itself, does that actually still seem like an attractive business to you. Well, the last time you asked me that question a few months ago, I gave you an answer. And the answer has not changed.I never like those investments. I never understood why someone would want to hold the crypto in a vehicle that we all know. When you have thes ...
Ives Says He's Never Seen a Software Selloff Like This
Bloomberg Television· 2026-02-05 22:08
Dan Ives of Wedbush Securities says he's never seen a structural software stock selloff like this in 25 years, but he's still bullish on tech stocks. He speaks on "Bloomberg The Close." -------- 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 wit ...
GOP Senators Cast Doubt on Powell Probe, Hope to Move Warsh Along
Bloomberg Television· 2026-02-05 21:49
When the investigation is done, I will do the introduction for Mr. . Walsh on the next chairmanship until the investigation is done. I will oppose any board confirmation.We'll each make up our own mind, and I think Senator tell us is perfectly capable of making up his own mind. And I respect him for it. And I didn't hear anything that could be remotely considered to be perjury.And I think Senator Scott has said that. So I would like to see the investigation wrapped up quickly. He was very ill prepared for q ...
Amazon to Spend Billions More Than Expected on AI Data Centers
Bloomberg Television· 2026-02-05 21:35
Amazon's latest quarterly results came largely in line with expectations, with AWS revenue growth surpassing forecasts at 24% versus an expected 21%. The company also projected a significant increase in capital expenditures for 2026, guiding to approximately $200 billion. Poonam Goyal has more on "Bloomberg The Close." -------- 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/ysu5b ...
Bitcoin Falls Below $70K, Wiping Out Gains Since Trump’s Win | Bloomberg Businessweek Daily 2/5/2026
Bloomberg Television· 2026-02-05 21:11
>> THIS IS "BLOOMBERG BUSINESSWEEK DAILY , REPORTING" FOR THE MAGAZINE THAT HELPS GLOBAL LEADERS TO STAY AHEAD WITH INSIGHT ON THE PEOPLE, COMPANIES AND TRENDS SHAPING TODAY'S COMPLEX ECONOMY. PLUS, GLOBAL BUSINESS, FINANCE CONTACT DUES AS IT HAPPENS. "BLOOMBERG BUSINESSWEEK DAILY" WITH CAROL MASSAR AND TIM STENOVEC LIVE ON BLOOMBERG RADIO, TELEVISION, YOUTUBE AND BLOOMBERG ORIGINALS.CAROL: HI GOOD AFTERNOON ACROSS BLOOMBERG PLATFORMS. THIS IS "BLOOMBERG BUSINESSWEEK DAILY" FOR THIS THURSDAY, FEBRUARY 5. WE ...
Watchmaker Breitling Becomes Aston Martin F1 Partner
Bloomberg Television· 2026-02-05 21:10
We are one of the leaders, in, pilot's watches, but we always covered, if you want, Earth also. And Formula one is, is similar to to piloting. Many pilots, by the way, or drivers were also pilots in in the history of bribling like Jim Clark or Graham Hill.And, Formula one is is became a phenomenon certainly also because of the Netflix series, Drive to Survive. And this year, the whole, Formula one circus starts from zero with new engines, with, with starting on a, like, on a white piece of paper. And is one ...
Senator Warren, Secretary Bessent Clash on Suing Warsh Over Rates #politics
Bloomberg Television· 2026-02-05 21:01
Can you commit right here and now that Trump's Fed nominee, Kevin Walsh, will not be sued, will not be investigated by the Department of Justice if he doesn't cut interest rates exactly the way that Donald Trump wants. >> Uh, I I that that is up to the president. Uh, can you commit that you will can you commit that you will not hold up be sued if it doesn't drop interest rates.The nip. ...
Is Data Center Demand Overhyped? One analyst thinks so
Bloomberg Television· 2026-02-05 20:47
So data centers now are consuming around 45 gigawatts of power and you can switch between capacity and throughput. I'm going to stick with capacity. Okay.So 45 gigawatts of power and then there's lots and lots of third party estimates for where they're going to be in 2030. And they center around this, you know, 90-95 gigawatts. So you need to add 50 for 2035.There's a lot fewer estimates. You come around 160. So you look at the supply and these utilities are tracking all these data centers connecting to the ...