Bloomberg Intelligence

Listen for investment news and in-depth company research. Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: http://bit.ly/3vTiACF.

  1. 16 HR AGO

    AMD Soars as AI Demand Fuels Better-Than-Expected Sales Outlook

    Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst, discusses AMD earnings and Nvidia. Advanced Micro Devices soared to new heights in early trading after a flood of data center spending bolstered its sales forecast. Nvidia bought $500 million worth of rights for shares in Corning Inc. as part of a partnership to expand artificial intelligence infrastructure.-Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, discusses Walt Disney earnings and the death of Ted Turner. Walt Disney posted stronger results than Wall Street expected thanks to improved profitability at its streaming business and guests spending more at the company’s resorts and on cruises. Ted Turner, the founder of CNN, has died at the age of 87, according to a news release from his company, Turner Enterprises.-George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses SpaceX. Elon Musk’s SpaceX estimated a chip factory it plans to build along with Tesla will cost at least $55 billion, with total investment potentially exceeding $119 billion.-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses Uber earnings. Uber Technologies provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. See omnystudio.com/listener for privacy information.

    21 min
  2. 1 DAY AGO

    Apple Weighs Using Intel, Samsung to Build Device Processors

    Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Caroline Hyde, BTech Co-Anchor, discusses Apple holding exploratory discussions with Intel and Samsung Electronics about producing main processors for its devices in the US, as a secondary option beyond Taiwan Semiconductor Manufacturing Co.-Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps earnings from Paramount-Skydance. Paramount Skydance reported first-quarter sales and earnings that beat analysts’ expectations as the company moves closer to acquiring Warner Bros. Discovery.-Paul Gulberg, Bloomberg Intelligence Senior Equity Analyst, discusses Coinbase job cuts. Coinbase Global will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, with some teams consisting of just one person.-Diksha Gera, Bloomberg Intelligence Global Fintech and Payments Analyst, discusses PayPal’s plans for job cuts. PayPal Holdings plans to cut around 20% of its workforce in the next two to three years to reduce costs and turn around the payments company. The company aims to realize at least $1.5 billion in savings over the next two to three years as part of its turnaround strategy under new Chief Executive Officer Enrique Lores.   See omnystudio.com/listener for privacy information.

    21 min
  3. 2 DAYS AGO

    Amazon Repackaging of Shipping Services Fuels UPS, FedEx Selloff

    Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Lee Klaskow, Bloomberg Intelligence Senior Transport, Logistics and Shipping Analyst, discusses  US transportation stocks plunging Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers. -Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Tyson Foods earnings. Tyson Foods raised its full-year profit outlook as strong protein demand enables growth even as the struggling beef segment shows no signs of turning around.-Brian Egger, Bloomberg Intelligence Senior Gaming and Lodging Analyst, discusses Norwegian Cruise Line cutting its full-year adjusted earnings outlook due to disruptions tied to the Middle East. Higher fuel prices and waning travel demand to Europe are adding to its weaker-than-expected bookings at the start of this year.-Spencer Soper, Bloomberg Technology and E-Commerce Reporter, discusses GameStop trying to buy eBay for about $56 billion in cash and stock, a 20% premium to its Friday close. The gaming retail chain has offered $125 per share in cash and stock for the online marketplace and has secured an initial, non-binding “highly confident letter” from TD Bank to provide about $20 billion of debt financing for the deal. See omnystudio.com/listener for privacy information.

    21 min
  4. 6 DAYS AGO

    Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza

    Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, recaps earnings from Meta and Alphabet. Meta Platforms shares plunged after the company raised its spending outlook for the year, driven by its AI strategy and higher component pricing and data center costs. Alphabet shares jumped after the company reported strong demand for its cloud and artificial intelligence offerings.-Anurag Rana, Bloomberg Intelligence Technology Analyst, recaps earnings from Microsoft and Amazon. Microsoft said cloud computing revenue and spending on AI infrastructure will accelerate this year, with Azure cloud unit sales expected to increase about 40% in the current quarter. Amazon.com is spending at a rapid rate to expand data center capacity to meet the intense demand for artificial intelligence computing power, fueling the fastest quarterly sales growth for its cloud unit in more than three years.- Sam Fazeli, Bloomberg Intelligence, Director of Research for Global Industries and Senior Pharmaceuticals Analyst, discusses earnings from Eli Lilly and Merck. Eli Lilly raised its annual sales and profit forecast due to high demand for obesity medications and its new weight-loss pill.  Merck & Co. reported first-quarter sales that beat Wall Street estimates as demand ramps up for newer products like Winrevair and an injectable version of cancer blockbuster Keytruda. -Christopher Ciolino, Bloomberg Intelligence Senior US Machinery Analyst, discusses Caterpillar earnings. Caterpillar's shares surged after the company delivered stronger-than-expected quarterly earnings and raised its long-term revenue outlook, supported by fast-growing sales from construction and power generation equipment. See omnystudio.com/listener for privacy information.

    19 min

Shows with Subscription Benefits

Unlock episodes early and listen ad-free.

About

Listen for investment news and in-depth company research. Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: http://bit.ly/3vTiACF.

More From Bloomberg

You Might Also Like