Listen for top interviews from Bloomberg News.
Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.
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Listen for top interviews from Bloomberg News.
Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.
Copyright: © 2023 Bloomberg and iHeartPodcasts
Insurance Europe says the sector will be able to deal with the current levels of wildfires across the continent. Director General Thea Utoft Høj Jensen joins Bloomberg's Stephen Carroll and Caroline Hepker on Daybreak Europe to discuss how the insurance sector is responding to the increasing wildfire risks and whether pressure will grow on premiums.
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Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to explain why hyperscaler demand remains strong and how the company is increasing hard drive capacity. He says long-term supply agreements suggest AI's storage needs will continue to grow well into the next decade. He joins Ed Ludlow on "Bloomberg Tech."
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Smashburger CEO Jim Sullivan explains why the restaurant chain is doubling down on franchising. Speaking on "Bloomberg Open Interest," Sullivan also comments on the recent outbreak of cyclosporiasis and the company's pricing strategy.
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Krispy Kreme narrowed its loss and expanded margins during its latest quarter, as the doughnut chain continued to make progress with its turnaround plan. They reiterated its forecast for systemwide sales growth of 2% to 4% in constant currency this year, as well as its outlook for revenue and adjusted Ebitda. For more, Josh speaks with Bloomberg's Dani Burger and Michael McKee.
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Former Virginia Governor Glenn Youngkin says he does not anticipate being on a presidential debate stage in 2028, while stopping short of definitively ruling out a campaign. Youngkin also says communities should have the final say on data center development and that developers must address concerns about power, water and infrastructure. He also discusses his new initiative promoting a federal scholarship tax credit. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power."
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Uber Technologies Inc. shares slid by the most in six months after the company issued a bookings outlook that just met analyst estimates, compounding concerns from investors about the company’s ability to evolve in the robotaxi era. Total gross bookings — a key metric that includes ride hails, delivery orders and driver and merchant earnings but not tips — will be $58.25 billion to $60.25 billion for the quarter ending in September, the company said Wednesday. For more, Uber CEO Dara Khosrowshahi spoke with Bloomberg Tech host Ed Ludlow.
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Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for chips and related equipment will remain strong, offering relief to a sector that’s been battered in recent days. Amazon boosted its forecast for full-year capital expenditures to $220 billion on Thursday, up from a previous estimate of $200 billion, with Chief Executive Officer Andy Jassy saying most of that spending will go toward artificial intelligence. The outlook was part of a rush of earnings reports delivered by so-called hyperscalers — the world’s largest cloud computing providers — and they showed there’s been no letup in ambitions for building AI infrastructure.
For more, we get reaction from Dan Ives, Partner at Yorkville and Ives. He speaks with Tom Keene and Paul Sweeney on Bloomberg Surveillance.
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Nate Baxter, CEO and President of Scotts Miracle-Gro, joined Bloomberg Television after the company’s investor day to discuss its new growth targets, the strategy behind its 2027–2029 outlook, and how the company is trying to reach younger consumers through digital media, e-commerce and new product channels. Baxter spoke with Bloomberg's Romaine Bostick on The Close.
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American Petroleum Institute CEO & President Mike Sommers says that about 7 of the 11 million barrels per day needed to see lower gas prices are now getting through the Strait of Hormuz. Sommers spoke with Bloomberg’s Joe Mathieu and Kailey Leinz on the early edition of Balance of Power.
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Eric Cantor, Vice Chair & Managing Director at Moelis & Co. and former House Majority Leader, joins Bloomberg Surveillance to discuss the supercycle in AI infrastructure, resilience in capital markets and whether Washington can manage rising deficits as private investment accelerates.
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