In this article GOOG Follow your favorite stocks CREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images With Alphabet poised to earn potentially $100 billion or more from its 2015 bet on Elon Musk's SpaceX, Google CEO Sundar Pichai sa...
In this article GOOG Follow your favorite stocks CREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images With Alphabet poised to earn potentially $100 billion or more from its 2015 bet on Elon Musk's SpaceX, Google CEO Sundar Pichai said the explosion of artificial intelligence has opened the door to more startup investments. "You know SpaceX, Anthropic and so on so, I think now with the AI shift, there are more opportunities on which we can deploy capital in a good way and so we are doing that," Pichai said, in a conversation with Stripe co-founder John Collison posted on Tuesday. Google has long been in the startup investing game through its early-stage venture group GV and its growth arm CapitalG. But with today's AI companies requiring checks in the hundreds of millions or billions of dollars, Google parent Alphabet is joining other tech giants like Nvidia , Microsoft and Amazon in skirting the venture route and going big off the balance sheet. Alphabet first invested in SpaceX in 2015, putting in $900 million at a valuation of about $12 billion. In February, SpaceX merged with Musk's xAI in a deal valued at $1.25 trillion. Assuming Alphabet has held onto all of its shares, its stake would now be worth around $100 billion, and could go up in the coming months. Last week, SpaceX confidentially filed for an IPO , and the company is reportedly seeking a valuation of $1.75 trillion in what would be a record offering. Then there's OpenAI rival Anthropic, which competes with Google at the AI model layer but also partners with the search company by committing to purchase billions of dollars worth of its tensor processing units, or TPUs, and cloud infrastructure. In 2023, Google invested $300 million in the AI lab for a stake of about 10%. Months later, it poured in another $2 billion . Since then, Anthropic...
In this article .SPX .DJI .IXIC Follow your favorite stocks CREATE FREE ACCOUNT Want to know what's next for the economy if the U.S.-Iran war persists? CNBC's Jim Cramer said Tuesday's stock market action gave investors a warning. Despite eking out a small last-minute gain, the S&P 500 was down for most of the session as President Donald Trump 's deadline for Iran to strike a deal and reopen the S...
In this article .SPX .DJI .IXIC Follow your favorite stocks CREATE FREE ACCOUNT Want to know what's next for the economy if the U.S.-Iran war persists? CNBC's Jim Cramer said Tuesday's stock market action gave investors a warning. Despite eking out a small last-minute gain, the S&P 500 was down for most of the session as President Donald Trump 's deadline for Iran to strike a deal and reopen the Strait of Hormuz approached with little signs of progress , dimming hopes of a resolution between the two countries. Trump has threatened to destroy Iran's bridges and power plants if an agreement isn't reached by 8 p.m. ET Tuesday. The Dow Jones Industrial Average shed 0.2% and the Nasdaq Composite ended the day up only 0.1% The "Mad Money" host said that the session showed "a heck of a lot of bad news," citing a "weak consumer, coupled with inflation." He added, "I hope the situation cools down personally, because if the president goes all medieval on Iran, that will do incredible damage to the world [and] our economy. That's what the stock market's been saying." Cramer's reasoning: Just look at how four sectors of the market performed on Tuesday. First, he pointed to the "real screamers" – retail stocks. Walmart 's 3.3% decline shows that even budget-conscious department chains may become too expensive for many to shop at during an economic downturn, ensued by the conflict overseas. Still, Cramer praised Walmart's overall business. "Here's a stock that truly defines the term juggernaut. It is a value-oriented retailer that, out of nowhere, has begun to attract wealthier customers who make over $100,000 a year, but no matter, it's where the less-than-well-off buy a lot of their food and clothing," he said. "Walmart's been a total runaway train but that has left many other retailers behind. Today, though? It's saying something different." Shares of Dollar General and Dollar Tree shed 2.6% and 4.2%, respectively, as well. Typically when the economy points to a slowdown, disc...
Valve is bringing Steam Link, its local network game-streaming app, to Apple's Vision Pro mixed reality headset, allowing Vision Pro users to play traditional games from their Steam library wirelessly from a nearby Mac or PC. We say "traditional games" because it's important to clarify that this does not stream VR games—only the sorts of games you would play on a traditional 2D display like a comp...
Valve is bringing Steam Link, its local network game-streaming app, to Apple's Vision Pro mixed reality headset, allowing Vision Pro users to play traditional games from their Steam library wirelessly from a nearby Mac or PC. We say "traditional games" because it's important to clarify that this does not stream VR games—only the sorts of games you would play on a traditional 2D display like a computer monitor or a TV. That said, this could lay some groundwork for VR games sometime in the future. But to be clear, Valve has not made any announcements about supporting SteamVR games on the Vision Pro. There were previously Steam Link apps for the Mac, iPhone, iPad, and Apple TV. Users could sync controllers with those devices and play Steam games over the local network—not just games from other Apple devices, but also from Windows or Linux gaming PCs. Read full article Comments
It’s not every day you find a decent pair of wireless earbuds with active noise cancellation, a transparency mode, and app support for less than $20, which is why the current lighting deal on the CMF Buds 2A stands out. Now through 11:15PM ET today, April 7th, Nothing’s budget earbuds are available on Amazon in all three colors for just $19.99 ($29 off), which matches their lowest price to date. N...
It’s not every day you find a decent pair of wireless earbuds with active noise cancellation, a transparency mode, and app support for less than $20, which is why the current lighting deal on the CMF Buds 2A stands out. Now through 11:15PM ET today, April 7th, Nothing’s budget earbuds are available on Amazon in all three colors for just $19.99 ($29 off), which matches their lowest price to date. Nothing CMF Buds 2A Where to Buy: $49 $19.99 at Amazon (black) $49 $19.99 at Amazon (white) $49 $19.99 at Amazon (orange) For the price, the Buds 2A cover the basics and then some. They deliver decent (albeit a little tinny) sound and 42 decibels of noise cancellation, along with an IP54 rating and a useful transparency mode for staying aware of your surroundings. They also provide a commendable eight hours of battery life per charge with ANC disabled — or up to 35.5 with the included charging case — and feature four onboard mics that leverage Nothing’s noise reduction tech, which helps boost voice call quality. I wouldn’t say voice clarity is their strong suit, though, again, they’re a $20 pair of earbuds. Like the rest of Nothing’s entry-level earbuds, the 2A also work with the Nothing X app, adding a level of flexibility that’s hard to find at this price. With the app, you can tweak EQ settings, adjust the bass response, switch between ANC modes, or quickly enable multi-device pairing. There’s even a “find my earbuds” feature if you lose them, and you can assign a gesture to trigger your phone’s virtual assistant on the fly, whether that’s Siri or Google Assistant. On top of that, if you’re using a Nothing or CMF phone, you can use your voice to access ChatGPT directly through the earbuds.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BlackRock’s Rick Rieder, Council on Foreign Relations President Emeritus Richard Haass, Partners Group Chief Investment Strategist Anastasia Amoroso, DoubleLine Capital’s Jeffrey Sherman, Marathon Asset Management CEO Bruce Ri...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BlackRock’s Rick Rieder, Council on Foreign Relations President Emeritus Richard Haass, Partners Group Chief Investment Strategist Anastasia Amoroso, DoubleLine Capital’s Jeffrey Sherman, Marathon Asset Management CEO Bruce Richards, & Veriten Energy’s Arjun Murti. (Source: Bloomberg)
Oil slumped and US stock futures gained on optimism over a potential diplomatic resolution to the Iran war. West Texas Intermediate fell as much as 5.2% to near $107 a barrel at Wednesday’s open after US President Donald Trump said he was in “heated negotiations” over the conflict, with mediator Pakistan seeking a two-week extension of his Tuesday deadline for Tehran to reopen the waterway. Future...
Oil slumped and US stock futures gained on optimism over a potential diplomatic resolution to the Iran war. West Texas Intermediate fell as much as 5.2% to near $107 a barrel at Wednesday’s open after US President Donald Trump said he was in “heated negotiations” over the conflict, with mediator Pakistan seeking a two-week extension of his Tuesday deadline for Tehran to reopen the waterway. Futures for the S&P 500 Index rose 0.9% and the dollar weakened. “I can’t tell you, because right now we’re in heated negotiations,” Trump said in a telephone interview with Fox News when asked about the Pakistani request. White House Press Secretary Karoline Leavitt said in a statement earlier that Trump “has been made aware of the proposal, and a response will come.” Trump earlier Tuesday threatened to wipe out Iran’s “whole civilization,” pressing the nation to make an agreement before his Tuesday 8 p.m. New York time deadline. Mediators raced to keep ceasefire talks on track after Iran responded by halting its participation in the discussions, according to a person familiar with the matter. “Hope remains that Trump’s brinkmanship will produce a last-minute agreement to resolve the situation, or perhaps another postponement of the threat to destroy Iran’s domestic infrastructure,” veteran strategist Louis Navellier said. While geopolitical risks remained front and center, traders kept an eye on the latest economic data for clues on any potential impacts of the war. Near-term inflation expectations jumped in March by the most in a year as consumers anticipated higher gas and food prices with the onset of war in the Middle East, according to a Federal Reserve Bank of New York survey. Fed Bank of New York President John Williams told Bloomberg Television his outlook for underlying price pressures was largely unchanged despite his expectation that higher energy costs stemming from the war will boost overall inflation. His Chicago counterpart Austan Goolsbee said the spike in oil p...
Gold rose as traders weighed a last-minute diplomatic push to avert US President Donald Trump’s threat to wipe out Iran’s “whole civilization.” Bullion jumped as much as 1% in early trading, extending a 1.2% gain in the previous session. President Donald Trump said he was in “ heated negotiations ” about the war in Iran after mediator Pakistan asked for a two-week extension of a deadline for Tehra...
Gold rose as traders weighed a last-minute diplomatic push to avert US President Donald Trump’s threat to wipe out Iran’s “whole civilization.” Bullion jumped as much as 1% in early trading, extending a 1.2% gain in the previous session. President Donald Trump said he was in “ heated negotiations ” about the war in Iran after mediator Pakistan asked for a two-week extension of a deadline for Tehran to reopen the Strait of Hormuz. Oil fell and the US dollar and Treasury yields pushed lower on Tuesday, supporting gold. Read More: Trump Says US in ‘Heated’ Iran Talks Amid Extension Request Trump earlier escalated threats of a massive new bombing campaign against Iranian power plants and bridges, saying “a whole civilization will die tonight.” The president has set a deadline of 8 p.m. Eastern Time on Tuesday to reach a deal. Now in its sixth week, the war in the Middle East has driven a spike in energy prices and raised inflationary risks, making it more likely that central banks will delay cutting interest rates or even hike them. Bond traders expect the Federal Reserve to keep borrowing costs steady through the rest of the year, which would be a headwind for non-yielding gold. Gold has fallen more than 10% since the conflict began at the end of February, with the metal’s traditional haven appeal also weakened by the need for some investors to liquidate positions to cover losses elsewhere. Spot gold rose 0.9% to $4,747.82 an ounce as of 6:07 a.m. in Singapore. Silver gained 1.4% to $74.04. Platinum and palladium also advanced. The Bloomberg Dollar Spot Index , a gauge of the US currency, ended the previous session down 0.3%.