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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

SpaceX Starship Rocket Takes Off From Texas

Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability.
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Bloomberg Technology

SpaceX Halts Starship Launch, Lenovo Soars on AI Growth | Bloomberg Tech 5/22/2026

Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI…

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Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI growth.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:12 – Loren Grush, Bloomberg News
00:04:03 – Laura Crabtree, Epsilon3 CEO
00:11:54 – Winston Cheng, Lenovo CFO
00:19:02 – Dana Wollman, Bloomberg News
00:24:18 – Brody Ford, Bloomberg News
00:26:38 – Michelle Chang, Zoom CFO
——–
“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

Lenovo CFO Weighs In on Strong AI Growth

Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.”
——–
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