Bloomberg Businessweek

Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek Daily.”
Hosted by Carol Massar and Tim Stenovec Hear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Blackstone tactical opportunities group led a $2.3B private credit loan to CoreWeave in 2023, marking the first major deal of its kind and becoming a blueprint for chip-backed debt. This marked the first major deal of its kind and became a blueprint for chip-backed debt that, three years on, is on track to become a trillion-dollar market, eclipsing even the borrowings used to build the data centers housing the chips.It’s a testament to how intertwined the global AI expansion and credit markets have become in such a short time

On today's episode:
Dina Bass, Bloomberg News AI Infrastructure Reporter
Jay Chaudhry, CEO & Founder, Zscaler
Ray Madoff, Author, The Second Estate
Jessica Dupuy, Co-Author of Italianity, Award-Winning Wine, Spirits, Food & Travel Writer
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Affirm Holdings Inc. is teaming up with Walmart Inc.’s Sam’s Club as the retailer’s exclusive buy-now, pay-later partner, just weeks before the key holiday shopping season kicks off.
Affirm will serve as Sam’s Club’s exclusive BNPL provider in a multi-year agreement, starting in that role on Sam’s Club’s website in the coming weeks and rolling out to stores in 2027.
For more on this deal, we catch up with Max Levchin, CEO of Affirm.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Elon Musk has publicly endorsed a combination of SpaceX and Tesla, his two most valuable companies, in what would be the biggest corporate transaction ever attempted. There's a push to announce a deal by the first half of 2027, so that it closes during the current administration, according to people familiar with the matter, with the combined market value of the companies being around $3.7 trillion. Musk's endorsement comes at a moment of extraordinary influence for him, having repaired his relationship with President Donald Trump and tapped into fervent investor enthusiasm, but this advantage is not guaranteed to last.
On today's episode:
Max Chafkin, Bloomberg Businessweek Senior Reporter
Jackie Reses, co-founder and CEO of Lead
Brett Winton, Chief Futurist, ARK Investment Management
Andra Timu, Bloomberg Reporter covering Romania on Russian Drones Attacking EU
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
US small-business optimism fell to a three-month low in September as economic expectations dimmed and a smaller share of firms indicated it was a good time to expand. Diedra Porché, National Head of Community and Business Development at JPMorganChase, discusses the investment it takes to boost a community and help strengthen small businesses.
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