What about in terms of the compute capacity. Talk about it in gigawatts, then a gigawatt per week working the goal of one gigawatt per week. That would be sense goal, but we can start with one gigawatt per month. So you think you can add one gigawatt per month next year, starting next the second half of the year, second half of the year. So you think you can add six gigawatts next year.I'm not sure. It really depends on our starting our new way of doing things. It takes time.But eventually we will. We're go ...

Monetary policy is very focused on balancing the downside risks to our maximum employment goal and the upside risk to price stability. My assessment is that downside risks to employment have increased as the labour market has cooled, while the upside risks to inflation are less than somewhat. Underlying inflation continues to trend downward.Absent any evidence of second round effects emanating from tariffs. But for these reasons, I fully supported the FOMC decisions to reduce the target range for the federa ...

What's going on and why is this so difficult to get across the line. Yeah, Jonathan, I mean, this is the 28 point plan that really arrived. Kind of like a bombshell here in Brussels over the last 24 hours when we actually got all of the 28 points spelled out by the Trump administration.The starting line, the beginning point of the negotiation between Ukraine and Russia has landed very, very poorly indeed for the Ukrainians and for Brussels. And as a consequence of that, now, European leaders are reacting to ...

Emily You know, clearly crypto is still still a kind of niche part of the market, even if Main Street is adopting it to some extent. Bitcoin is worth the one and two thirds trillion dollars though, so you can't really look away. And it represents animal spirits.You know, I guess your risk aversion pretty well. What do you think about the fact that we've gone from 126 on Bitcoin down to 84 in like a month. Yeah, we would say, Matt.Don't get too sentimental about sentiment. And Bitcoin is the poster child for ...

Everybody's having a tough time with this. You look at companies like Ford and General Motors. They lose money on every EV they make.They've reported that it's a big drag on their earnings. They make a lot of money because they sell big SUVs and pickup trucks that have huge margins on them. Porsche doesn't have that.They do have actually, because they should be making good money, but they put a lot of money into EVs because they want to be a player in China. Luxury buyers actually do like these. They're not ...

Governor Martin, good morning. Good morning once again. Thanks for being here. Thanks for having me back.We've got to start with the labor market. Your reflections on what we saw yesterday. Does it lean one way or the other.Yeah, I mean, I think the implications of yesterday were obviously dovish. And if anyone was on the fence, I would hope that this would move them in the direction of cutting. I mean, you saw the unemployment rate edged up a bit.You know, you saw some other indicators like an increase in ...

And yet on the committee, we have pushback almost. Maybe after that, Fed Governor Michael Barr had this to say. I'm concerned that we're seeing inflation still around 3%.Inflation is closer to three, that it is to two. What do you make of that argument. How persuasive is it.It's not persuasive to me, and I'll tell you why. All of the inflation excess, almost all of the inflation excess is a mirage. It's not indicative of supply demand imbalances.And so, for example, if you look at the housing market, right, ...

I don't even know where to start here. This is pay per view, right. You guys like you put taking the phone off the hook for this because this could go a couple of different ways.This could be a zelensky's style ambush. Maybe he shows up with gifts. Lester, how's this going to work.Well, we heard they were going to have a UFC event in the White House. This is maybe this is it. It.On the other hand, it could be a love in. I think the fact that we don't know may be the point. The the current president is prett ...

VONNIE: IT IS 5:00 A. M. IN NEW YORK CITY.I AM VONNIE QUINN WITH YOUR "BLOOMBERG BRIEF." GLOBAL STOCKS HEADED FOR THEIR WORST WEEK SINCE APRIL. FED FRACTURES DEEPEN. GOVERNOR MICHAEL BARR JOINING THE CHORUS TO SIGNAL INFLATION CONCERNS.MORE FED SPEAK, PLUS PMI AND THE MICHIGAN CONSUMER INDEX DATA. PEACE POTENTIALLY, AT A COST. UKRAINIAN PRESIDENT ZELENSKIY AGREEING TO WORK ON A PEACE PLAN THAT WOULD GRANT KEY DEMANDS TO MOSCOW.WE ALL KNOW WHAT HAPPENED YESTERDAY. A MASSIVE REVERSAL. WE FIRST SAW THE LIFT TO ...

JOUMANNA: THIS IS "HORIZONS:MIDDLE EAST & AFRICA." EQUITY SELLOFF IN WALL STREET SPREADS TO ASIA AS INVESTORS PULLED BACK FROM RISKIER ASSETS AMID RENEWED CONCERNS OVER AI AND FED CUT UNCERTAINTIES. THE YEN WHIPSAWED AFTER JAPAN'S FINANCE MINISTER WARNED OF POTENTIAL INTERVENTION WITH PRIME MINISTER TAKAICHI POISED TO PROPOSE A STIMULUS PACKAGE. PLUS, A WAR OF WORDS BETWEEN SOUTH AFRICA AND THE U.S. OVER THE G20 SUMMIT.IT HAS BEEN SO FAR MARRED BY A DIPLOMATIC DISPUTE BETWEEN THE TWO NATIONS OVER WHAT CONST ...