Doug Krizner

And today, the head of the Minneapolis Fed, Neil Kashkari, hit back.

That is Minneapolis Fed Bank President Neil Kashkari.

Today, President Trump was in Georgia touting the increase in U.S.

manufacturing since he enacted tariffs on dozens of countries last year.

Trump also touched upon an impending Supreme Court decision on the legality of these levies.

Now, the Supreme Court has an opinion day tomorrow, and it could potentially issue its ruling.

And that is news when you want it.

With Bloomberg News Now, I'm Doug Krizner, and this is Bloomberg.

News when you want it with Bloomberg News Now, I'm Doug Krisner.

And we begin with the stock market, where it was another day of heavy selling in software shares, given worries over the impact of AI.

A new version of Anthropic's most powerful AI model can carry out financial research.

It's also designed to be better at a range of other work-related functions, and that would include making spreadsheets and presentations, as well as software development.

Today, the S&P 500 software and services sub-index fell by more than 4.5%.

After the bell, Amazon's first quarter outlook was below consensus, and the company said it intends to spend $200 billion this year on data centers, chips, and other equipment.

Now, the market is suspecting that Amazon's massive bet on AI will take longer to pay off than anticipated.

Here is Bloomberg analyst Poonam Goyal.

That is Bloomberg analyst Poonam Goyal.

Shares in Amazon were down 10 percent in late U.S.

trading.

At the same time, there was a sell-off today in Bitcoin.