OpenAI’s Revenue Report Deepens AI Bubble Fears, Firmus Shelves IPO
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:02:35 – Sources: OpenAI expects $70 Billion in annualized revenue by end of 2026
00:07:39 – OpenAI revenue report triggers tech selloff
00:10:44 – Fed’s Musalem: Rates should go up in next 6-9 months
00:13:30 – Nvidia-backed Firmus shelves Aussie IPO, weighs private round
00:16:37 – US bars Microsoft, other IT firms from visa program
00:19:23 – Las Vegas Sands CEO Patrick Dumont on non-gaming investments in Macau
00:26:57 – EXCLUSIVE: Lumentum CEO Michael Hurlston on global AI demand outlook
00:37:32 – Trump says US won’t attack Iran before midterms
00:42:18 – Bloomberg Opinion: The world isn’t ready for a Japan with interest
00:47:30 – Markets open in Japan
00:50:57 – Principal Global Investors’ Seema Shah on market strategy
00:58:39 – OpenAI in talks for $30B+ funding round
01:03:23 – Nvidia-backed Firmus pulls IPO as investors turn skittish
01:08:17 – Iran attacks continue in Strait of Hormuz
01:14:07 – Hinrich Foundation’s Deborah Elms on EU-China trade tensions
01:21:00 – Bloomberg Opinion: Europe has got its Made-in-China policy wrong
01:23:35 – Big Take: China eyes AI edge from renewable energy surplus
01:28:07 – US suspends Microsoft, Indian firms from visa program over alleged fraud
01:31:03 – Las Vegas Sands CEO Patrick Dumont on regional gaming outlook
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