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Canada Braces for Lengthy Trade Standoff With the US | Insight with Haslinda Amin 8/24/2026
Bloomberg Television· 2026-08-24 06:37
Last spring, I warned that America is trying to break us so they can own us. And I promise that that will never, ever happen. We are keeping that promise.Canada is becoming stronger and less dependent on America. We are already giving ourselves more than they can take away and we are just getting started. Fighting words from Canada's prime minister.After trade talks collapsed and the US slapped 50% tariffs on many of its exports. Mark Carney says his government will retaliate as it digs in for a trade war t ...
Houthis Force Saudi Tankers to Reroute Around Africa | Horizons Middle East & Africa 8/24/2026
Bloomberg Television· 2026-08-24 06:32
ABEER: GOOD MORNING. OUR TOP STORIES THIS MORNING -- THE U.S. TREASURY SECRETARY WARNS IRAN IS FACING AN ECONOMIC D-DAY IS THE U.S. READIES WHAT HE CALLS THE GREATEST FINANCIAL OFFENSIVE EVER MARSHALED AGAINST AN ADVERSARY. TRADE TALKS COLLAPSE.THE U.S. SLAPS 50% TARIFFS ON CANADIAN IMPORTS WHILE CANADA PROMISES COUNTER TARIFFS AND SAYS IT CANNOT SEE THE DISPUTE BEING RESOLVED BEFORE NOVEMBERS MIDTERMS. ALIBABA SHARES TUMBLE AFTER RAISES $10 BILLION IN A SHARE PLACEMENT, AMASSING CASH FOR THE GLOBAL AI RACE ...
Alibaba's $10B Share Sale Draws Investor Scrutiny | The China Show | 8/24/2026
Bloomberg Television· 2026-08-24 06:20
YOU’RE WATCHING "THE CHINA SHOW." I’M YVONNE MAN WITH DAVID INGLES. DAVID: GOOD MONDAY MORNING. ASIAN TECH STOCKS UNDER PRESSURE AFTER BLOOMBERG REVEALS THAT NVIDIA IS RAISING PRICES ON ITS LEADING AI CHIPS.BITCOIN AND GOLD EXTENDING GAINS AS THE TREASURY’S BUYBACK PLAN COMES UNDER FURTHER SCRUTINY. YVONNE: $10 BILLION IN A HONG KONG SALES SHARE TO EXPAND ITS AMBITIOUS AI BUILD-UP. DAVID: SOFTBANK JOINS THE FRENZY WITH A RECORD OFFERING.CHIP MAKER ALSO RELEASING DETAILS OF THEIR IPO’S. YVONNE: WE’LL SPEAK W ...
AI in Focus Amid Alibaba’s Record Share Sale and Nvidia’s Price Hike | The Asia Trade 8/24/2026
Bloomberg Television· 2026-08-24 05:01
>> THIS IS "THE ASIA TRADE," I’M HAIDI STROUD WATTS IN SYDNEY. >> I’M PAUL ALLEN. NVIDIA’S EARNINGS SAID TO BE A KEY MARKET CATALYST AS IT PLANS TO RAISE PRICES FOR ITS A.I. SERVICE. ALI BABA SEEKING A SHARE SALE TO FUND ITS A.I. EXPANSION. HAIDI: INFORMSORS ARE WATCHING U.S. INFLATION DATA.FED CHAIR -- AND THE FED CHAIR’S SPEECH FOR DEADLINE OUTLOOK. PAUL: TALKS HAVE FALLEN APART OVER TARIFFS. HAIDI: WE HAVE NO NEWS ON THE STRAIT OF HORMUZ.MARKETS GOING MILDLY INTO POSITIVE TERRITORY. NVIDIA HIKING PRICES. ...
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Bloomberg· 2026-08-23 23:41
Macroeconomic Dynamics - Goldman Sachs expects China's economic growth to experience further deceleration [1] - The trade negotiations between the United States and Canada have broken down [1] Industry Trends - NVIDIA AI servers are reportedly facing significant price increases [1]
Bloomberg This Weekend | Canada Hits Back, Bessent’s Big Moves, Data Center Backlash
Bloomberg Television· 2026-08-23 16:27
Trade War and Tariffs - Canada announced retaliatory counter-tariffs on 20 billion dollars worth of U.S. products, including steel, dairy, and appliances, taking effect on September 8 following the breakdown of trade talks [3][6][11] - The U.S. administration imposed a 50 percent surcharge on 20 billion dollars worth of Canadian goods, escalating trade tensions between the two nations [3][6][11] - Economists estimate that Canada could face a loss of almost 90,000 jobs as a consequence of the escalating tariff measures [4] Technology and AI Sector - Major customers of Nvidia were informed that prices for servers containing AI chips are increasing by up to 50 percent due to soaring memory chip costs, impacting flagship systems like Vera Rubin and Grace Blackwell [6][15][29] - Chinese humanoid robots broke human-set records, including beating the 100-meter sprint world record on the opening day of the World Humanoid Robot Games in Beijing featuring over 2,000 robots [8][18][32] - The IBM U.S. Open app incorporates advanced features such as serve quality tracking analyzing 21 body points and enhanced natural language processing for key match moments [35][37][38] Monetary Policy and Financial Markets - Donald Trump made more than 21,000 securities trades in 2025, often in bursts tied to market events he initiated, managed entirely by independent managers [3][12] - U.S. Treasury Secretary Scott Bessent announced upcoming interventions and sanctions against Iran, which the administration has characterized as an economic D-Day, alongside managing bond market fundamentals [6][12] - Polling data shows that 71 percent of Americans oppose the construction of data centers in their neighborhoods compared to 53 percent who oppose nuclear power plants, driven by concerns over rising utility bills [23]
Agentic PCs: Why They Matter for Enterprise AI | AMD
AMD· 2026-08-23 15:00
What role will Agentic PCs play in the future of enterprise computing? Rahul explores the growing importance of Agentic PCs, on-device AI, and enterprise AI as organizations consider where AI workloads should run. Discover how AMD is helping shape the future of AI-powered PCs and enterprise computing. Learn more: https://www.amd.com/en/products/processors/technologies/pro-technologies.html Follow us on LinkedIn: https://www.linkedin.com/showcase/amd-enterprise/ *** Subscribe: https://bit.ly/Subscribe_to_AMD ...
Rep. McCormick Warns Against Slowing AI Buildout
Bloomberg Television· 2026-08-23 14:28
We talk a lot about AI on the show, and I imagine it's something you're talking about when you're on the campaign trail as well when you're back in your home district in and around Alpharetta. It's become a real political issue, the building of these data centers. And I wonder, sir, where you fall on if The US should be going full steam ahead building these things, if if you'd counsel there needed to be more time here for community to consider the the impact that they might have on them.What's what's your o ...
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Forbes· 2026-08-23 11:22
Financial Performance - Olix completed a fundraising round reaching a valuation of $3.3 billion (33 亿美元) [1] Market Trends - The artificial intelligence chip sector produced Europe's youngest self-made billionaire following a high school dropout founder's startup success [1]
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Cointelegraph· 2026-08-23 08:00
🚨 ALERT: Nvidia warned customers AI server prices are rising more than 15%. https://t.co/eHYMkBuo3n ...