The Astronomical Cost of Defeating ‘Any Foreign Aerial Attack’

Stephanie Guild, Chief Investment Officer at Robinhood Markets, discussed recent retail trading trends on Bloomberg's 'Businessweek Daily,' highlighting the growing interest in AI-related investments and broad-based ETFs. This conversation reflects the evolving landscape of retail trading, where technology and artificial intelligence are increasingly influencing investor behavior.

Former President Donald Trump is attempting to block state-level regulations on artificial intelligence (AI) after Congress opted not to intervene. He argues that these state laws compel AI developers to incorporate ideological biases into their models, which he claims undermines the technology's integrity.

Ulrike Hoffmann-Burchardi, Global Head of Equities and CIO Americas at UBS Wealth Management, indicated that supportive policies and a shift in the artificial intelligence narrative from capital expenditure to cash flow are expected to drive a broader and higher equity market in 2026 during her discussion with Bloomberg's Matt Miller.

Wealthfront is preparing to raise $484.6 million as it goes public, with plans to trade on the Nasdaq under the ticker 'WLTH'. The fintech company is recognized for its automated investing tools and has gained popularity among younger investors. CEO David Fortunato discussed the company's debut on Bloomberg Open Interest.

Harold Hamm, an influential oil tycoon from Oklahoma, has formed a strategic alliance with President Trump to influence and reshape U.S. energy policy. This partnership is expected to leverage Hamm's expertise in the oil industry to drive significant changes in energy regulations and practices.

President Trump has signed an executive order aimed at limiting state-level regulations on artificial intelligence (AI), particularly targeting California's efforts to establish its own rules. This order has been met with mixed reactions, as tech industry leaders support the move for uniformity, while state lawmakers express concerns over potential job losses and diminished consumer protections.

SoftBank Group Corp. is considering acquisitions, including data center operator Switch Inc., as founder Masayoshi Son aims to leverage the growth in digital infrastructure driven by artificial intelligence. This strategic move reflects SoftBank's ongoing efforts to enhance its portfolio in the rapidly evolving tech landscape.

Broadcom Inc. experienced a significant decline in its stock price after the company's sales outlook for the artificial intelligence market fell short of investor expectations, as indicated by unsettling comments from CEO Hock Tan during a conference call with analysts. This downturn reflects the competitive pressures in the AI sector.