🚨 ALERT: Mike McGlone warned of potential downside for risk assets, saying Bloomberg’s model places Bitcoin’s fair value near 13x gold versus about 20x now, implying a possible move toward $50,000. https://t.co/tLR2uENBSX ...

Bloomberg Economics out with a new report. It notes that the U.S. Ukraine policy whiplash is benefiting Moscow. What do we know.So it's been quite the roller coaster over the last few days. What emerged last week was a plan that seemed to be negotiated between the U.S. and Russia, largely favorable to Moscow in terms of, for example, capping Ukraine's military, ensuring that it would never be a part of NATO's in return for pretty ambiguous security guarantees. Since then, there's been a scramble by Ukraine ...

RT Bloomberg Opinion (@opinion)Japan has a matcha problem.@davidfickling explains why China is threatening the industry 🎥 https://t.co/oa23sy5IQv ...

RT Bloomberg New Economy (@BBGNewEconomy)"We're past the time of making commitments."CEO Carbon Measures Amy Brachio on taking steps to improve climate change at #BloombergNewEconomy. https://t.co/1LWFcWI04i ...

RT Bloomberg New Economy (@BBGNewEconomy)"I get this impression, China does not want to be the world's #1." @SCMPNews' Tammy Tam tells @TimOBrien #BloombergNewEconomy⏯️ https://t.co/J5lCJTamOX https://t.co/gAKPYhNY5N ...

JUST IN: 🇦🇪 Abu Dhabi has tripled their position in #Bitcoin, Bloomberg reports 👀 https://t.co/KYVBIa4qbV ...

So, Bloomberg Intelligence is essentially saying that they expect Bitcoin to go to 10K, not because anything has fundamentally changed with Bitcoin. No, it's because they're betting on all markets are going to get wiped out. They believe AI is in a bubble and they believe all markets are going lower and Bitcoin is the most volatile.Now, what you'll notice is the Bitcoin price is very much rangebound. The sellers step up around 115 to 125. the buyers step up below 100K and especially in this $90,000 range.So ...

RT Bloomberg New Economy (@BBGNewEconomy)"There's nothing America can do to stop China - only China can stop China."H.E. Lawrence Wong, Prime Minister of Republic of Singapore at #BloombergNewEconomy.⏯️ https://t.co/Sqkf8dKmnN https://t.co/hUeHHGwG0U ...

Core Viewpoint - Larry Summers has decided to resign from the OpenAI Board of Directors following the release of his correspondence with Jeffrey Epstein, marking a retreat from public roles and commitments [1][3]. Group 1: Resignation and Contributions - OpenAI acknowledged Summers' resignation and expressed appreciation for his contributions and perspective during his tenure on the board [1]. - Summers expressed gratitude for the opportunity to serve on the board and excitement about the company's potential [2]. Group 2: Public Commitments and Roles - Summers is stepping away from multiple public commitments, including his role as a paid contributor to Bloomberg TV and various positions at other organizations [3]. - His departure includes stepping down from roles such as board chair of the Center for Global Development and a fellowship with the Center for American Progress [3]. Group 3: Background and Context - Summers joined OpenAI in November 2023 during a tumultuous period for the company, which had just reinstated CEO Sam Altman after a brief ousting [4]. - His appointment was significant due to his connections in Wall Street and Washington, DC, and he was involved in an internal review regarding Altman's firing [5]. Group 4: Controversy and Accountability - The emails between Summers and Epstein were released by the US House Committee on Oversight and Government Reform, leading to Summers taking full responsibility for his decision to continue communication with Epstein [6]. - Summers faced backlash in the past for comments made during his presidency at Harvard University regarding women in math and science, which contributed to his resignation from that position [7].

Retail developer Michael Comras is making a fresh bet on Miami Beach’s Lincoln Road, scooping up a cluster of buildings a decade after unloading much of his portfolio on the famed promenade https://t.co/ikqpt7wCOx ...