A former executive of WPP Plc, one of the world’s biggest advertising companies, has been sentenced to life in prison by a Chinese court for taking bribes totaling 1.2 billion yuan ($176 million) with his ex-colleagues, according to people familiar with the matter.

Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong.

Qualcomm Inc., trying to expand its dominance from mobile phone chips, forecast sales of more than $15 billion a year by fiscal 2029 in the booming market for AI components in data centers.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are HSBC US Head of International Wealth, Asset MGMT & Global Private Banking Racquel Oden, Vanguard Investment Strategy Group Global Head of Capital Market Research Qian Wang, Morgan Health CEO Dan Mendelson, Novo Nordisk Executive Vice President, US Operations Jamey Millar, DoubleLine Capital Depot Chief Investment Officer Jeffrey Sherman, Wedbush Securities Equity Research Managing Director Matt Bryson, Deepwater Asset Management Managing Partner Gene Munster, Redfin Chief Economist Daryl Fairweather, Tickitto Founder & CEO Dana Lattouf, & On Location President Paul Caine. (Source: Bloomberg)

Massachusetts Democratic Senator Elizabeth Warren urged Congress to push for greater antitrust enforcement on emerging technologies such as artificial intelligence and to revamp merger law to make more information public.

Power demand from data centers is poised to surge over the next quarter-century, adding to an almost doubling of electricity consumption across Australia’s main grid by 2050, according to the network operator’s latest road map.

Gold steadied near $4,000 an ounce after falling through the threshold for the first time since November, weighed down by a resurgent US dollar and the prospect of higher interest rates.

Asian stocks were poised to gain, tracking a rally in US equity futures after Micron Technology Inc. delivered an upbeat forecast that reignited confidence in the artificial-intelligence trade.

Bain Capital agreed to buy a controlling stake in Volkswagen AG’s heavy diesel engine unit, ending one of Europe’s most hotly contested private equity auctions.

Jinko Solar Co., one of the top five solar manufacturers in China, is looking to recoup expenses this year, as government measures alleviate the chronic overcapacity that has plunged the sector into more than two years of deep losses.