Amy Morris
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News when you want it.
With Bloomberg News Now, I'm Amy Morris.
Bloomberg News has learned Alphabet is looking to raise $20 billion in a high-grade U.S.
bond sale and that Alphabet has already attracted more than $100 billion in orders.
Bloomberg Tech co-anchor Caroline Hyde reports this debt sale is spanning the globe.
Bloomberg's Caroline Hyde reports it's all part of the $650 billion that the four biggest tech companies plan to spend building out AI this year.
Another rally in tech companies after last week's AI-driven rout drove stocks higher.
We bring you the closing numbers each day here at Bloomberg.
The S&P gained 32.
NASDAQ gained 207.
The Dow gained 20 points, landing at a new record of more than 50,100.
The 10-year Treasury yield at 4.2%.
The two-year yield at 3.48%.
Spot gold is about 2% higher, Bitcoin about 1% lower.
Fed Governor Christopher Waller says some of the euphoria that came into the crypto world with the current administration is fading amid a sell-off.
Waller says ups and downs are common in the crypto market.
He spoke at an event at the Global Independence Center.
Oil edged higher after the U.S.
advised American flagged ships should stay as far as possible from Iranian waters.
President Trump will try once again for a nuclear agreement with Iran as the other governments in the region fear Iran's threats.