Caterpillar Inc. shares are on track to fall more than 30% from their record high as concerns about oil prices, bond yields and the future of the artificial intelligence trade roil the industrial sector.

Senate Democrats demanded answers from Meta Platforms, Inc. on whether it used a dubious tax strategy to reap billions in federal breaks to fund data center construction.

CoreWeave Inc. Chief Executive Officer Mike Intrator, facing a plunge in the company’s stock and bond prices, said the market is acting “irrationally” and that he remains confident in the AI cloud company.

GTA VI is set to release on November 19th, expected to be one of the biggest entertainment releases in history. The game, created by Rockstar Games, a development studio owned by Take-Two, is expected to generate more than $3 billion dollars in its first four months. Bloomberg's Jason Schreier joins Ed Ludlow on "Bloomberg Tech" with the details of the making of the highly anticipated game. (Source: Bloomberg)

Nvidia Corp. Chief Executive Officer Jensen Huang said he would halt the supply of chips to a customer that was developing unsafe AI software, though he doesn’t believe that the current level of concern about the technology is warranted.

Bloomberg’s Ed Ludlow breaks down ASML's earnings after the company raised its sales forecast for 2026 and said it aims to increase production of its chip-making machines to keep up with soaring AI spending. Plus, Nvidia CEO Jensen Huang announces plans to invest an additional $2 billion in European deals. And, an inside look at the making of Grand Theft Auto VI, expected to be the biggest video game blockbuster of all time. (Source: Bloomberg)

Europe is emerging as a key battleground for the global robotaxi industry as US and Chinese companies look to expand autonomous driving beyond their home markets. Frank McCleary, a partner at Arthur D. Little, discusses Europe’s fragmented but evolving regulatory landscape, why Chinese operators see an opportunity there as the US remains largely closed to them, and whether experience gained deploying autonomous vehicles in China translates to cities overseas. He joins Ed Ludlow on "Bloomberg […]

AI cloud startup Modal has raised $750 million at a $15.75 billion post-money valuation as demand surges for the infrastructure needed to build and run AI applications. CEO Erik Bernhardsson discusses the company’s more than 3 billion AI sandboxes, growing demand for inference and reinforcement learning, and why increasingly capable agents will need secure virtual environments where they can execute code and eventually take on longer-running tasks. He joins Ed Ludlow on "Bloomberg Tech." […]