Articles from www.bloomberg.com

Articles from www.bloomberg.com

Bill Ackman says his fund has taken a new stake in Microsoft after the company's recent share price decline; Ackman says investors have underestimated Microsoft (www.bloomberg.com)
2026-5-15 Microsoft

A profile of Amazon CEO Andy Jassy, who is killing projects, cutting staff, and pleasing Wall Street, while steering the company toward an AI-focused era (www.bloomberg.com)
2026-5-15 Amazon AI Wall Street

Alphabet sold $3.6B of bonds in its debut yen-denominated bond sale, the largest by a non-Japanese company, as AI-driven capital spending accelerates (www.bloomberg.com)
2026-5-15 Japan AI Alphabet

California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year (www.bloomberg.com)
2026-5-15 Tax Budget California

Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B (www.bloomberg.com)
2026-5-15 IPO

Sources: Joshua Kushner's Thrive Capital told its stakeholders that it has invested ~$100M in Shopify, framed as a bet on how AI could lead to gains in commerce (www.bloomberg.com)
2026-5-15 AI Shopify

The Senate Banking Committee advances the Clarity Act, which would make CFTC the primary regulator for most digital assets while SEC oversees digital securities (www.bloomberg.com)
2026-5-15 Asset Senate CFTC

A look at GameStop's takeover bid for eBay, a bizarre job application by GameStop CEO Ryan Cohen, who does not have the money to buy eBay, to become eBay's CEO (www.bloomberg.com)
2026-5-15 eBay

Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions in revenue fell short (www.bloomberg.com)
2026-5-15 Apple

Meta President Dina Powell McCormick is traveling with President Trump on his China trip and met King Charles III, indicating she is Meta's new global emissary (www.bloomberg.com)
2026-5-14 Trump China

Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (www.bloomberg.com)
2026-5-14 IPO

Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (www.bloomberg.com)
2026-5-14

OpenAI says it would support a global AI governance body that is led by the US and includes China as a member, similar to the International Atomic Energy Agency (www.bloomberg.com)
2026-5-14 China Energy AI

Sources: Apollo Global, Morgan Stanley, and others are testing Grok internally as part of xAI's finance sector push, but financiers are rarely using it for work (www.bloomberg.com)
2026-5-14 Morgan Stanley

Musk v. Altman: Microsoft executive Michael Wetter testifies that Microsoft has spent $100B+ on its partnership with OpenAI, including its original investments (www.bloomberg.com)
2026-5-14 Microsoft

Sources: Mistral has been developing a cybersecurity-focused AI model and held discussions about it with European banks, which don't have access to Mythos (www.bloomberg.com)
2026-5-14 Europe AI

Sources: Arm and SoftBank expressed preliminary interest in acquiring Cerebras weeks before its expected IPO; Cerebras rebuffed them (www.bloomberg.com)
2026-5-14 IPO

A profile of California Rep. Ro Khanna, who spent years cheering on the tech industry and now supports a 5% billionaire wealth tax and stricter AI regulations (www.bloomberg.com)
2026-5-14 Tax AI California

Poland says it plans to proceed with a digital services tax of up to 3% on large digital platforms, despite threats of retaliation like tariffs from the US (www.bloomberg.com)
2026-5-13 Tax Poland

Analysts: China's AI hardware suppliers face capacity constraints and component shortages, including optical and electronic chips, that may limit 2026 growth (www.bloomberg.com)
2026-5-13 China AI

Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (www.bloomberg.com)
2026-5-13 Alibaba AI 4Q

Tencent reports Q1 revenue up 9% YoY to ~$28.9B, below ~$29.4B est., and net income of ~$8.5B, meeting est., amid a costly AI pivot; its stock is down 23% YTD (www.bloomberg.com)
2026-5-13 AI Tencent

How the Strait of Hormuz blockade is disrupting global chip supply chains, affecting supplies of helium, bromine, sulfur, and thinners essential to chipmaking (www.bloomberg.com)
2026-5-13

An analysis of Tokenomist.ai data: Trump family members made ~$1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~$660M (www.bloomberg.com)
2026-5-13 Trump AI

Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains (www.bloomberg.com)
2026-5-13

Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (www.bloomberg.com)
2026-5-13 Hong Kong IPO AI Biotech

Sources: Anthropic is in early talks to raise at least $30B at a $900B+ valuation; the round is expected to close as soon as the end of this month (www.bloomberg.com)
2026-5-13

Sources: Apple plans to make the Camera app fully customizable in iOS 27, along with noticeable design changes across Siri, Safari, Weather, and more (www.bloomberg.com)
2026-5-13 IOS Apple

Musk v. Altman: Altman testified that in 2017 Musk demanded complete control of a proposed OpenAI for-profit arm, musing that he would pass it to his children (www.bloomberg.com)
2026-5-13

Anthropic names eight unauthorized secondary market sellers of its shares, including Hiive and Forge Global, warning that any share transactions there are void (www.bloomberg.com)
2026-5-13

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