Stocks Close Lower, Supreme Court Allows 3rd Country Deportations, More
Summary
Bloomberg News Now covers a Supreme Court pause on deportation notice rules and OpenAI’s $30 billion funding round amid security concerns and its new "dots" AI agent. The episode also details Trump’s push for AI self-regulation, Fed officials’ warnings on inflation and rate hikes, and the US releasing strategic oil reserves. Additionally, it reports on Apple’s planned organizational overhaul under Tim Cook, falling consumer confidence, and Special Counsel Jack Smith’s defense of his Trump indictments during a Senate hearing.
Topics discussed
Sponsored segment: ChatGPT Work mode
Market closing numbers and inflation concerns
Supreme Court allows resumption of deportations
OpenAI seeks $30B funding at $1.4T valuation
OpenAI security concerns and new AI agent 'Dots'
Trump discusses AI self-regulation and data centers
Fed official warns banks on AI threats
US releases oil reserves; consumer confidence falls
Fed officials discuss interest rate hikes and inflation
Apple CEO Tim Cook overhauls company structure
Jack Smith defends Trump indictments in Senate hearing
Bloomberg Tech Minute: Rise of e-rickshaws in India
Sponsored segment: Wise money transfers
Sponsored segment: Cincinnati Insurance
Sponsored segment: Cincinnati Insurance continued
Listen ad-free on Castria