01
Alphabet Poised for Another Paper Gain as SpaceX Valuation Jumps
Alphabet Inc. is set to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion.
Bloomberg Technology - Sunday, December 14, 2025
10 stories~15 min
Stories Covered
02
Wall Street Sees AI Bubble Coming and Is Betting on What Pops It
It’s been three years since OpenAI set off euphoria over artificial intelligence with the release of ChatGPT. And while the money is still pouring in, so are the doubts about whether the good times can last.
03
Ad Agency Stocks Seen Turning AI Disruption to Their Advantage
A key stock-market theme of 2025 has been the slide in shares that stand to lose out from advances in artificial intelligence, chief among them being advertising agencies.
04
ServiceNow Nears Up to $7 Billion Deal for Armis
ServiceNow Inc. is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as $7 billion and would represent the tech company’s largest acquisition to date.
05
China Is ‘Rejecting’ Nvidia’s H200 Chips, Outfoxing US Strategy, Sacks Says
China has figured out the US strategy for allowing it to buy Nvidia Corp.’s H200 and is rejecting the AI chip in favor of domestically developed semiconductors, White House AI czar David Sacks said, citing news reports.
06
Tether’s €1.1 Billion Juventus Play Pits New Money Vs. Old
Tether Holdings SA’s offer to acquire Juventus Football Club SpA pits a fast-growing crypto powerhouse against a more than century-old Italian industrial dynasty.
07
Wall Street Week | Hubbard on Fed Cut Fallout, Open Source AI, Nuclear Bet, Department Store Revival
This week, Glenn Hubbard warns that tariffs, shaky data and a mature credit cycle create risks as the Fed looks toward 2026. And, will open AI ecosystems win out over closed models, as AMD CEO Lisa Su and former IBM CEO Sam Palmisano suggest? Plus, from AI to manufacturing, soaring electricity demand is forcing a rethink of where our power comes from and how fast we can build to generate it. Later, can Macy’s reinvent the department store for today’s shopper? (Source: Bloomberg)
08
Chinese AI Euphoria Masks Long-Term Technological Challenges
Moore Threads Technology Co.’s 425% first-day pop this month — China’s most successful initial public offering since 2019 — capped a year in which investors have grown increasingly excited about the prospects for the country’s AI chip advancement. That’s despite basic technological hurdles that may hinder the industry’s longer-term prospects.
09
Why Open Source AI Could Be the Best Bet for Developers and Investors
Tech giants are pouring trillions of dollars into AI chips and data centers while the industry quietly faces a fork in the road between open source and proprietary models. AMD chair and CEO Lisa Su and former IBM CEO Sam Palmisano explain why that choice could shape the next era of computing. (Source: Bloomberg)
10
Apollo Took Bets Against Software Makers Vulnerable to AI: FT
Apollo Global Management placed bets against the loans of several software makers as it grew increasingly bearish on technology firms vulnerable to artificial intelligence, the Financial Times reported.