Micron Falls on Earnings and SpaceX Nabs a $210B Valuation

Bloomberg's Ed Ludlow breaks down full coverage of the first presidential debate and discusses the state of crypto with former Republican presidential hopeful Vivek Ramaswamy. Plus, Apple's iPhone shipments in China jump 40% following discounts, and a new survey shows Tesla's design changes are confusing customers and undercutting its quality. See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde and Ed Ludlow break down Micron's results sending shares falling as its forecast failed to meet the loftiest AI-driven expectations. Plus, SpaceX notches a $210 billion valuation in its latest tender off, and we go live to Santa Ana, CA as police raid a warehouse of suspected stolen merchandise bound for marketplaces like Amazon. See omnystudio.com/listener for privacy information.

Bloomberg's Ed Ludlow brings full EV coverage as Rivian and VW forge a $5 billion partnership. Plus, the Supreme Court clears the way for the White House to seek the removal of misinformation posts on social media, and Caroline Hyde sits down with financial industry heavyweights at the Bloomberg Invest summit. See omnystudio.com/listener for privacy information.

 Bloomberg's Ed Ludlow breaks down how Nvidia snapped its three-day rout that wiped $430 billion off its market cap. Plus, Oracle warns of a financial impact to its business should TikTok be banned in the US, and Bloomberg Invest is underway in New York City, uniting leaders in asset management, banking, wealth, and private markets. See omnystudio.com/listener for privacy information.

Bloomberg's Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU's Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack. See omnystudio.com/listener for privacy information.

Bloomberg's Ed Ludlow breaks down the latest on the TikTok ban as the company argues the US disregarded its national security plans. Softbank's Masa Son announces plans to bring about an era of artificial super-intelligence, and car dealer chaos continues amid a debilitating cyberattack. See omnystudio.com/listener for privacy information.

Bloomberg's Ed Ludlow breaks down how cyberattacks impacted car dealerships from across the US. Plus, OpenAI co-founder Ilya Sutskever announces a new AI research lab, and AI video startup HeyGen hits a $500 million valuation in its latest funding round. See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde breaks down why insiders are cashing in on Nvidia's rally as the stock pushes deeper into record territory. Plus, TikTok parent Bytedance embarks on a high-stakes bid to overturn the law requiring them to divest or be banned, and a look at Point 72's plans for a new $1 billion hedge fund focusing on AI stocks. See omnystudio.com/listener for privacy information.

Bloomberg's Caroline Hyde breaks down the Magnificent Seven's rally and pushes ahead to GameStop's AGM as CEO Ryan Cohen gears up to deliver remarks. Plus, a look at the summer box office as Inside Out 2 rakes in over $150 million over the weekend.See omnystudio.com/listener for privacy information.

 Bloomberg's Caroline Hyde and Tim Stenovec break down Tesla's shareholder meeting as the majority backs Elon Musk's $56 billion pay package. Plus, Adobe shares surge the most since 2020 on the company's sales outlook, and we head to the G-7 meeting in Italy as the Pope shares a warning on artificial intelligence. See omnystudio.com/listener for privacy information.