Is Steve Wyckoff playing some sort of 4D chess here, or is he a liability for the president. Look, I think Stephen, of course, is doing what the president is asking him to do, which is to bring him deals. He was obviously very effective in the Middle East.We know he had an important role to play in the Israel Hamas cease fire. And I think they gave him a lot of credibility. And I think he wanted to use that momentum to try to bring the president his long desired, long awaited deal to settle the war between ...

Should Kash Patel be sending out resumes. Oh, yeah. I mean, they appointed him.The head of the FBI is like, you know, appointing a lifetime truant to the, you know, lead the Department of Education. I mean, it never was qualified. And, you know, all he does is fly around and see his girlfriend and, you know, other weird things get press releases out.And now he's trying to appeal to the president by attacking members of Congress for doing their duty and reporting the truth, which is what the U.S. Military Co ...

When do you think we're going to be reacting. Because I this is this is my conundrum with all of this is Clinton all of this is hard to there's a lot of kind of small bets and then you don't know what the derivative effect of those small factors aren't going to be. Yeah, I mean, I think there's going to be a phase.Reaction is and we certainly will get a reaction today. But whether you get a longer term reaction really depends on what we actually get, which we don't know that much in terms of what I'm watchi ...

So bullish goals here. Yes, we look for nearly 20% of additional price upside by the end of 2016 with our forecast at $4,900 per troy ounce by the end of 26. Not as fast as this year.We were up almost 60% year to date. But the two drivers of the 25 rally, we think will be repeated in 26, number one. Structurally higher central bank purchases since the freezing of Russia's central bank reserves in 2022 M reserve managers got this big wakeup call that they need to diversify into gold, which is the only truly ...

Chancellor Rachel Reeves is set to unveil her much anticipated budget later today. Let's go to bring back Zoe Burton at Westminster for a preview. Lizzie living across the UK say.Well, I know we've had months of speculation, weeks of leaks finally were here and the chancellor is caught between the bond vigilantes on the one hand and the left wing of the Labour Party on the other. At first she seemed to be laying the pitch for breaking Labour's manifesto, a rise in income tax. And then there was this policy ...

AI Chip Landscape - Tensor Processing Units (TPUs) are purpose-built for AI and deep learning, offering lower total costs and greater power efficiency compared to GPUs [1] - Google has been developing TPUs for some time, aiming for efficiency and supply chain diversification beyond Nvidia [2][3] - Google's full-stack approach, from chip to application, provides significant efficiencies of scale [5][6] - Diversifying chip base is crucial, as different chips excel in different tasks, similar to diversifying cloud providers [10][11] Market Demand and Competition - The AI market is projected to reach a $7 trillion market cap by 2030, indicating substantial demand [8] - The market demand is large enough to accommodate multiple players, suggesting it's not a zero-sum game between CPU and GPU [8][9] - Hyperscalers not directly competing with Google, pharmaceutical giants, energy companies, and governments are potential adopters of TPUs [13][14] - AMD and Google are positioned to provide alternatives to Nvidia's dominance in the AI chip market [15] Google's AI Capabilities - Gemini 3 is competitive with other leading large language models like ChatGPT, Claude, and Perplexity, excelling in various use cases [16][17] - Sovereign AI and companies building data centers/physical AI will drive market headlines in 2026 [24] Nvidia's Outlook - Models suggest Nvidia has the potential for another $1 trillion in sovereign AI market cap and another $1 trillion in physical AI market cap, potentially peaking around $6.5 to $7 trillion market cap [22][23]

Let's talk a bit more about the trade side of things. The Trump administration's crackdown on illegal fentanyl is now extending to India, which the U.S. has identified as a second biggest supplier of precursor chemicals and drug making equipment after China. Let's get to Bloomberg News senior reporter Dan Stone joining us now with more from New Delhi.It is very interesting. How do you think India fits into this whole murky trade in chemicals. Well, thanks so much for having me.Yes, that's right. India, you ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greipel taking you through to that closing bell. It's a global simulcast.Carol Massar, Tim Stenovec in the radio booth, as always, locked in their cage. Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube Carol Massar. You seem very excited here on a day where the markets getting your back.A pretty nice set. Thank you. Thank you.I know you're sick. No, I was ...

I'd rather own a trading card or a comic book and have that go up in value than the same equivalent of a stock. A 100 shares of Tesla is not as interesting for me going up as one rare rookie card or or a collectible. It has extra value.I'm sure everybody who's got a half a brain that goes on this show talks about diversifying. I think that's fair. >> We've heard that one before. >> Yeah, you've heard that one.I think that's fair. But I I I to take even a step further to a lot of the stocks I like here, the ...

Overview - Bloomberg Crypto covers decentralized finance topics, including people, transactions, and technology [1] Guests and Content - The segment features Dynamix CEO Andrejka Bernatova, Hyperion DeFi CEO Hyunsu Jung, and Bloomberg's Baily Lipschultz [1] Platforms and Resources - Bloomberg provides business news, market data, features, and profiles on its website [1] - Bloomberg has a presence on various social media platforms, including X, Facebook, Instagram, TikTok, Reddit, and LinkedIn [1] - Bloomberg offers additional content through Bloomberg Radio, Bloomberg Surveillance, Bloomberg Politics, and Bloomberg Originals [1] - Bloomberg has multiple YouTube channels, including Bloomberg Technology, Bloomberg Originals, Bloomberg Quicktake, and Bloomberg Espanol [1] - Bloomberg also produces podcasts [1]