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DoubleLine’s Robert Cohen on AI Debt Loads, Private Credit

Robert Cohen, Director of Global Developed Credit at DoubleLine, discusses the current corporate fundraising environment. He notes that despite ongoing capital raising activities in both debt and equity markets, companies—particularly high-quality ones—continue to maintain strong balance sheets and generate healthy cash flow. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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Fmr. SEC Chair: Giants Like SpaceX Need To Find Revenue Model

Gary Gensler, former chair of both the CFTC and SEC, discusses the capital markets and the regulatory challenges they face. The discussion highlights the anticipated surge in IPO activity in 2026, with reported estimates of capital raised reaching up to $75 billion. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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New McKinsey Report Probes US Manufacturing Vulnerabilities

Eric Kutcher, McKinsey senior partner and North America chair, said that the technology sector is the where the US remains the most vulnerable to offshore supply chain disruptions as the world up its reliance on semiconductor chips, servers and PCs built in China. Kutcher said that while the US doesn't currently have the manufacturing ability for many of these items, new 'generations' of tech innovation provide opportunity to build out the infrastructure. (Source: Bloomberg)
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Rockefeller’s Sharma on AI Boom, US Market Fault Lines

Ruchir Sharma, chairman of Rockefeller International and founder and chief investment officer of Breakout Capital, joins to provide insight into the current market dynamics. Sharma references his Financial Times op-ed, arguing that despite strong tech sector profits driven by AI advancements, the earnings narrative may be less robust than investors perceive, suggesting emerging vulnerabilities in the market. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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SpaceX Seeks to Raise $75 Billion in IPO Plan

SpaceX is seeking to raise $75 billion in an IPO that would be the biggest of all time, as Elon Musk’s rocket, space and artificial intelligence company targets a historic debut that could clear a path for more mega-listings. Ed Ludlow reports on "Bloomberg The Close." (Source: Bloomberg)
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SpaceX Seeks $75B in Record IPO Plan to Fund AI, Launch

 SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, space and artificial intelligence company targets a historic debut that could clear a path for more mega-listings. The Starbase, Texas-based company plans to market about 555.6 million shares for $135, according to its filing Wednesday with the US Securities and Exchange Commission. At that price, SpaceX would have a market value of almost $1.77 trillion based on the outstanding shares in the filing. Bloomberg's Anthony Hughes reports. (Source: Bloomberg)
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SpaceX Seeks $75 Billion in Record IPO Plan to Fund AI, Launch

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, space and artificial intelligence company targets a historic debut that could clear a path for more mega-listings.

A SpaceX Falcon 9 rocket is launched at NASA's Kennedy Space Center in Cape Canaveral, Florida. Photographer: Joel Kowsky/NASA/Getty Images
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Broadcom Slides After AI Chip Outlook Disappoints Investors

Broadcom Inc. shares fell in extended trading after the company delivered a disappointing forecast for artificial intelligence chip revenue, signaling its efforts to gain ground in the burgeoning industry are going more slowly than anticipated.

Signage at the Broadcom Inc. headquarters in San Jose, California, US, on Monday, June 2, 2025. Broadcom Inc. is scheduled to release earnings figures on June 5.
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CrowdStrike Shares Drop After Modest Sales Guidance Disappoints

CrowdStrike Holdings Inc. shares fell after it projected second-quarter revenue that failed to impress investors who had bid up the stock in recent months amid concerns about the threat posed by hackers armed with powerful artificial intelligence tools.

Crowdstrike Holdings Inc. signage on the floor of the New York Stock Exchange. Photographer: Michael Nagle/Bloomberg
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AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street

Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.

Pedestrians on Broad Street near the New York Stock Exchange (NYSE) in New York, US, on Tuesday, May 26, 2026. Wall Street kicked off the holiday-shortened week with stocks joining bonds higher as hopes for a peace deal between the US and Iran overshadowed military strikes in the Persian Gulf.
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US Stops Sharing Crucial Election Threat Data With State Officials

Classified briefings and some cybersecurity services have ceased.

Voting signage as a voter casts their ballot at a polling location inside City Hall during a primary election in San Francisco, California, US, on Tuesday, June 2, 2026. The vote tabulation generally takes days to complete in California elections, because a mail-in ballot is valid as long as it was postmarked on Election Day and received no later than seven days after the election. Photographer: David Paul Morris/Bloomberg
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Nvidia’s RTX Spark Sets Up Fight Over the Soul of Windows PCs

The future of the personal computer is a hot topic again, courtesy of Nvidia Corp.’s announcement this week with Microsoft Corp. The leader in AI hardware is taking another run at making the central component for laptops, promising to bring the biggest change to the devices in decades.

The Nvidia RTX Spark Superchip at Computex 2026 in Taipei, Taiwan, on Wednesday June 3, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair.
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BofA CEO Moynihan on Affordability, Lending and AI Spending

Bank of America CEO Brian Moynihan discusses consumer spending trends amid rising inflation, affordability issues and the impact of AI on the banking industry. He speaks with Bloomberg's Dani Burger at the Forbes Iconoclast Summit in New York. (Corrects location of interview.) (Source: Bloomberg)

Bank of America Corp Photographer: Andrew Harrer/Bloomberg
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How Duke Energy Plans to Meet AI Demand

Duke Energy President Harry Sideris says the utility is focused on keeping power affordable for customers while meeting surging demand from AI and data centers. Sideris spoke with Bloomberg’s Tyler Kendall at the Edison Electric Institute Conference in Las Vegas. (Source: Bloomberg)

Duke Energy Corp Photographer: Doug McSchooler/Bloomberg
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AI Financing Is an Arms Race, Says GoldenTree's Tananbaum

GoldenTree Asset Management Founder and CIO Steven Tananbaum says he expects credit to continue to languish, though there are some pockets of opportunity, and adds that the financing of AI is an arms race. He sat down with Lisa Abramowicz at the Bloomberg Global Credit Forum in New York City. (Source: Bloomberg)
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