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Bitcoin Crashes Below $70,000 as Collapse of Crypto Continues

Bitcoin trades below $70,000 for the first time since November of 2024. A selloff has wiped out all of Bitcoin’s gains since the election of President Donald Trump. While earlier legs of the decline were driven by crypto-specific liquidations, the recent pressure is tied to wider cross-asset stress. Bloomberg’s Muyao Shen reports. ——– Like this…

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Bitcoin trades below $70,000 for the first time since November of 2024. A selloff has wiped out all of Bitcoin’s gains since the election of President Donald Trump.
While earlier legs of the decline were driven by crypto-specific liquidations, the recent pressure is tied to wider cross-asset stress. Bloomberg’s Muyao Shen reports.
——–
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Bloomberg Technology

Exploring AI Investment Opportunities Beyond Mega-Cap Tech Giants

Lori Keith, Parnassus Investments portfolio manager and senior analyst, says megacaps are not the only way to play the AI boom. She shares where she sees opportunities in mid-caps — from the companies powering the buildout to those using AI to boost productivity. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Lori Keith, Parnassus Investments portfolio manager and senior analyst, says megacaps are not the only way to play the AI boom. She shares where she sees opportunities in mid-caps — from the companies powering the buildout to those using AI to boost productivity. She joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Anthropic in Talks for $6 Billion AI Infrastructure Bet | Bloomberg Tech 8/13/2026

Bloomberg’s Ed Ludlow breaks down what could be Anthropic’s biggest acquisitions yet: a $6 billion deal for AI startup Decart to help it squeeze more performance out of its computing infrastructure. Plus, CoreWeave warns investors that shifting from its exclusive use of Nvidia AI chips may cost time and money, and Cerebras’ second-quarter earnings send…

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Bloomberg’s Ed Ludlow breaks down what could be Anthropic’s biggest acquisitions yet: a $6 billion deal for AI startup Decart to help it squeeze more performance out of its computing infrastructure. Plus, CoreWeave warns investors that shifting from its exclusive use of Nvidia AI chips may cost time and money, and Cerebras’ second-quarter earnings send its shares sliding after underwhelming growth.

00:00:00 – Bloomberg Tech Begins
00:00:52 – Shirin Ghaffary & Ryan Gould, Bloomberg News
00:05:52 – Lori Keith, Parnassus Investments
00:12:43 – Woo Jin Ho, Bloomberg Intelligence
00:15:48 – Brody Ford, Bloomberg News
00:19:55 – Carmen Reinicke, Bloomberg News
00:23:24 – Cack Wilhelm, IVP
00:33:08 – Andrew Feldman, Cerebras CEO
00:43:15 – Madlin Mekelburg, Bloomberg News
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

SpaceX Adds $500 Billion After Lockup Expiry

SpaceX shares surged 35% following the expiration of its first post-IPO lockup, adding roughly $500 billion in market value and defying fears that insider selling would weigh on the stock. Bloomberg’s Carmen Reinicke explains why more lockup expirations could bring fresh volatility. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to…

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SpaceX shares surged 35% following the expiration of its first post-IPO lockup, adding roughly $500 billion in market value and defying fears that insider selling would weigh on the stock. Bloomberg’s Carmen Reinicke explains why more lockup expirations could bring fresh volatility. She joins Ed Ludlow on “Bloomberg Tech.”
——–
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