Listen to an audio excerpt from this week's special issue of Businessweek magazine, where finance columnist Matt Levine uses the full issue to explain where crypto came from, what it all means, and why it still matters.

Listen to an audio excerpt from this week's special issue of Businessweek magazine, where finance columnist Matt Levine uses the full issue to explain where crypto came from, what it all means, and why it still matters.

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Bonus: The Crypto Story by Matt Levine

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e8a6a420-8e3d-46f9-b2b7-af38015ac32d/transcript

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Iran has stepped up attacks on Saudi Arabia in recent days, signaling it’s targeting the oil-rich kingdom more aggressively than earlier in the war.

Tehran launched almost 100 drones at Saudi Arabia on Monday, far above the previous daily average of less than 25, according to data released by the Saudi defense ministry. The barrage marked the largest single-day strike on the country since the war began.

The surge started last week and has since intensified, with attacks increasingly concentrated on the kingdom’s eastern province, home to major oil infrastructure. The escalation underscores Iran’s ability to destabilize the wider Gulf, threatening shipping lanes — particularly the vital Strait of Hormuz — and energy facilities.

Iran is relying more heavily on drones than missiles as the conflict drags on. Drones typically carry smaller payloads than ballistic or cruise missiles and tend to cause less destruction, though they can still inflict significant damage depending on the target. Their relatively low cost and ability to be launched in large numbers make them a persistent challenge for air-defense systems.

Launches have declined since the start of the war, but that doesn’t mean Tehran is running short of weapons. Despite US and Israeli strikes on stockpiles, launchers and drone factories, Iran remains able to sustain attacks.

Today's show features:
Dan Williams, Reporter for Bloomberg News Based in Jerusalem and Alex Vatanka, Middle East Institute Senior Fellow
Ellen Wald, Transversal Consulting & Atlantic Council Senior Fellow on Oil Markets
Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, on recent Nvidia news
Samantha Dart, Co-Head of Global Commodities Research at Goldman Sachs on the latest in oil and natural gas

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Iran has stepped up attacks on Saudi Arabia in recent days, signaling it&rsquo;s targeting the oil-rich kingdom more aggressively than earlier in the war. Tehran launched almost 100 drones at Saudi Arabia on Monday, far above the previous daily average of less than 25, according to data released by the Saudi defense ministry. The barrage marked the largest single-day strike on the country since the war began. The surge started last week and has since intensified, with attacks increasingly concentrated on the kingdom&rsquo;s eastern province, home to major oil infrastructure.&nbsp;The escalation underscores Iran&rsquo;s ability to destabilize the wider Gulf, threatening shipping lanes &mdash; particularly the vital Strait of Hormuz &mdash; and energy facilities. Iran is relying more heavily on drones than missiles as the conflict drags on. Drones typically carry smaller payloads than ballistic or cruise missiles and tend to cause less destruction, though they can still inflict significant damage depending on the target. Their relatively low cost and ability to be launched in large numbers make them a persistent challenge for air-defense systems. Launches have declined since the start of the war, but that doesn&rsquo;t mean Tehran is running short of weapons. Despite US and Israeli strikes on stockpiles, launchers and drone factories, Iran remains able to sustain attacks. Today's show features:
<ul>
<li>Dan Williams, Reporter for Bloomberg News Based in Jerusalem and Alex Vatanka, Middle East Institute Senior Fellow</li>
<li>Ellen Wald, Transversal Consulting &amp; Atlantic Council Senior Fellow on Oil Markets</li>
<li>Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, on recent Nvidia news</li>
<li>Samantha Dart, Co-Head of Global Commodities Research at Goldman Sachs on the latest in oil and natural gas</li>
</ul>

Israel Says Strike Killed Iran’s Larijani as War Intensifies

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d613e9da-7801-4772-a3c6-b410015588b0/transcript

Oura said it is acquiring Helsinki-based Doublepoint Technologies Oy, which specializes in technology that allows users to control wearable devices with small hand movements using a combination of artificial intelligence and biometric data. The purchase will guide future versions of Oura’s smart rings, where hand gestures could play a central role to the experience, along with possibly voice control. 

Holly Shelton, Oura Chief Product Officer, speaks on why most health technology was not designed with women’s bodies in mind and why is it so important to build health products specifically for women?

Oura said it is acquiring Helsinki-based Doublepoint Technologies Oy, which specializes in technology that allows users to control wearable devices with small hand movements using a combination of artificial intelligence and biometric data. The purchase will guide future versions of Oura&rsquo;s smart rings, where hand gestures could play a central role to the experience, along with possibly voice control.&nbsp; Holly Shelton, Oura Chief Product Officer, speaks on why most health technology was not designed with women&rsquo;s bodies in mind and why is it so important to build health products specifically for women?

Wearables for Women

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c69dc9b1-61bb-4677-a432-b40f0150d888/transcript

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Nvidia, the company at the center of an explosive build-out of AI computing, expects to generate at least $1 trillion from its Blackwell and Rubin chips through the end of 2027.The company had previously forecast that the chips would bring $500 billion in sales by the end of 2026. The latest forecast, delivered by Chief Executive Officer Jensen Huang during the company’s GTC event, extends the outlook.

The forecast underscores the scale of Nvidia’s business, which has been supercharged by demand for chips that develop and run AI models. But the cumulative figure doesn’t suggest a tremendous acceleration in sales growth.

After initially rising as much as 4.8%, the shares soon pared their gains on Monday.A flood of spending on AI chips has turned Nvidia into the world’s most valuable company. But investors have sought more evidence that the market’s growth remains on track. Nvidia is also facing mounting competition from rivals like Advanced Micro Devices Inc., as well as its own customers attempting to produce in-house chips to handle AI.

The company has accelerated its technology development in recent years. Nvidia tries to replace its entire product lineup on an annual basis while adding new components. The next design of its flagship AI processors, appearing in systems in the second half of 2026, is called Vera Rubin. The lineup is named for the pioneering astronomer whose observations provided evidence supporting the existence of dark matter.

Today's show features:
Ed Ludlow, Bloomberg Tech Co-Host
Marc Champion, Bloomberg Opinion International Affairs Columnist
Catherine Owen Adams, Acadia CEO
Drive to the Close with Aaron Mulvihill, JPMorgan Asset Management Executive Director & Global Alternatives Strategist

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Nvidia, the company at the center of an explosive build-out of AI computing, expects to generate at least $1 trillion from its Blackwell and Rubin chips through the end of 2027.The company had previously forecast that the chips would bring $500 billion in sales by the end of 2026. The latest forecast, delivered by Chief Executive Officer Jensen Huang during the company&rsquo;s GTC event, extends the outlook. The forecast underscores the scale of Nvidia&rsquo;s business, which has been supercharged by demand for chips that develop and run AI models. But the cumulative figure doesn&rsquo;t suggest a tremendous acceleration in sales growth. After initially rising as much as 4.8%, the shares soon pared their gains on Monday.A flood of spending on AI chips has turned Nvidia into the world&rsquo;s most valuable company. But investors have sought more evidence that the market&rsquo;s growth remains on track. Nvidia is also facing mounting competition from rivals like Advanced Micro Devices Inc., as well as its own customers attempting to produce in-house chips to handle AI. The company has accelerated its technology development in recent years. Nvidia tries to replace its entire product lineup on an annual basis while adding new components. The next design of its flagship AI processors, appearing in systems in the second half of 2026, is called Vera Rubin. The lineup is named for the pioneering astronomer whose observations provided evidence supporting the existence of dark matter. Today's show features:
<ul>
<li>Ed Ludlow, Bloomberg Tech Co-Host</li>
<li>Marc Champion, Bloomberg Opinion International Affairs Columnist</li>
<li>Catherine Owen Adams, Acadia CEO</li>
<li>Drive to the Close with Aaron Mulvihill, JPMorgan Asset Management Executive Director &amp; Global Alternatives Strategist</li>
</ul>

Nvidia Expects to Make $1 Trillion From AI Chips Through 2027

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3a77ab70-627f-4cc0-8494-b40f0150d233/transcript

Bonus: The Crypto Story by Matt Levine

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