Goldman Sachs Group Inc. strategists are bullish on US stocks for 2027, predicting the S&P 500 will advance 14% over the coming year after a selloff in the biggest technology companies left their valuations historically cheap.

South Korean startup DeepX Co. plans to spend more than $100 million developing a next-generation artificial intelligence chip using Samsung Electronics Co.’s advanced 2 nanometer manufacturing process.

Microsoft is racing to restore access to its flagship software half a day after an outage began, leaving users unable to access email and chat services in one of the tech giant’s most severe disruptions in recent memory. Bloomberg's Peter Elstrom has the latest. (Source: Bloomberg)

Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, discusses the rotation away from semiconductor stocks and why she sees hyperscalers benefiting. Speaking on Bloomberg Television, she also comments on European equities and why banks are attractive. (Source: Bloomberg)

Société Générale CIB Chief US Equity Strategist Manish Kabra tells Bloomberg's Anna Edwards and Tom Mackenzie he will focus on companies using AI rather than building AI in 2027, pointing to the cyclicality of the semiconductor trade. "Semis historically are always a yo-yo index. It goes up a lot. It comes down a lot," he says on The Opening Trade. "The conviction to adopt AI is feeding into hyperscalers. It's feeding into frontier labs. And that's what backwards feeds into the AI capex […]

The fall of Nvidia Corp. Chief Executive Officer Jensen Huang has removed the industry’s most prominent opponent of US chip controls, setting up a showdown over potential new curbs that could accelerate China’s drive for semiconductor self-sufficiency.

SpaceX and Tesla are progressing in their merger negotiations, setting the stage for a combination that could redefine the limits of global dealmaking. Elon Musk’s two largest companies could announce what would be the biggest-ever deal as soon as in December, according to people familiar with the matter. Bloomberg's Manuel Baigorri has more. (Source: Bloomberg)

Traders were forced to do business by phone and Whatsapp, and even fire up their fax machines, as a worldwide outage of Microsoft software crippled communications and snarled email services at stock exchanges.