Public Companies
50 articles in this category
Robinhood Crypto.com prediction markets partnership
Robinhood will route football prediction contracts to Crypto.com and OG.com starting Sept. 8, adding CFTC venues as volumes hit records.
Amazon Air incident Miami International Airport
Amazon confirmed a 21 Air-operated Amazon Air 767 had an incident overrunning the runway at Miami International Airport and is working with authorities.
big tech layoffs 2025 broke the stability myth
Four big tech workers detail $180K to $250K jobs lost, 8,000 applications, and $2,600 health insurance after layoffs.
Amazon Career Choice 2026 Adds Pro Credentials
Amazon expands Career Choice to bachelor’s holders with six new credentials from Stanford Online and others, opening October 2026.
Broadcom stock slide earnings masks AI chip boom bet
Broadcom forecast an AI chip boom led by OpenAI and Anthropic, but investors sold the news on doubts the momentum lasts.
Snowflake Coco AI agent drives 37% revenue surge
Snowflake's Coco drove half the Q2 beat on $1.49B product revenue, up 37%, with a consumption model Ramaswamy says makes data jobs 5-10x faster.
Nvidia acquires Hugging Face $13 billion deal
Nvidia is acquiring Hugging Face in a deal valued at about $13 billion, per a Bloomberg Podcast Money Minute.
Nvidia acquires Hugging Face $13 billion
Nvidia keeps Hugging Face as an open, compute-agnostic hub in a $13B deal with $1B in retention and founders staying six years.
Sridhar Ramaswamy Snowflake CEO on AI Flywheel
Snowflake's product revenue rose 37% to $1.49B as CEO Sridhar Ramaswamy says AI drove half the beat and lifted guidance to 36%.
Apple CEO Transition Puts Ternus in Charge Sept 1
John Ternus takes over as Apple CEO Sept 1 ahead of a fall launch featuring a foldable iPhone and speaker-aware display.
Yum Sells Pizza Hut for $1.5 Billion
Yum Brands closed its $1.5B Pizza Hut sale to Long Range Capital while Apple accused OpenAI of destroying evidence in a trade secrets case.
Cerebras Mikkeli AI data centre locks 165MW
Cerebras and Compute Nordic Finland will build a 165 MW AI data centre in Mikkeli, with 50 MW under construction under seven-year contracts.
T. Rowe Price Private Assets Test Retirement
T. Rowe Price hit $1.9T and is ready to add private assets to target-date trusts, CEO Rob Sharps told Bloomberg Podcast.
Apple's Ternus Handover Is the main topic
Apple's CEO handover to John Ternus keeps Tim Cook as chairman and DC fixer while a hardware-heavy AI roadmap defines the next era.
FTC Amazon Sponsored Ads lawsuit: Amazon rejects claims
Amazon calls the FTC Sponsored Ads suit misguided, says its relevance-weighted auction cut winning bids 50% and left inflation-adjusted CPC flat.
Nepal floods August 2026: Amazon Deploys Relief
Nepal floods after an August 26 glacier collapse killed 500+ and leave 2,000 missing as Amazon activates cash, supplies and India hubs.
Amazon Second Chance Deal Days 2025 Expands
Amazon Second Chance Deal Days 2025 offers up to 50% off refurbished goods Sept 1-10 in Europe, with US savings up to 30% via Labor Day Deals.
Nvidia's 70% Growth Is the main topic
Nvidia guided 70% growth for fiscal 2028 vs 45% expected, saying demand could double supply if chips were available.
Nvidia CFO: Revenue to Grow 70% Amid High AI Demand
Nvidia CFO Colette Kress forecasts 70% revenue growth in fiscal 2028, driven by AI demand, while acknowledging supply chain challenges and a slight dip in margins.
Nvidia's Memory Bottleneck Boosts Asian Chip Stocks
Nvidia's earnings report points to memory supply issues, boosting Asian chip stocks. Chinese AI firms' updates also lift hardware shares. US grid policy impacts Asian energy firms.
Nvidia Earnings Loom as Gates Warns on AI Risks
Nvidia's earnings report is a key AI spending indicator, while Bill Gates warns of AI's potential dangers and calls for regulation.
Apple's AI Push: New Macs & Aura's IPO Plans
Apple unveils powerful new Mac Minis and Mac Studios for AI, while smart ring maker Aura eyes a $16B+ IPO.
Canada Goose Falls, Steel Dynamics Rises on Tariffs
Bloomberg's Stock Movers Report covers declines for Canada Goose and Applied Opto Electronics, and a rise for Steel Dynamics due to tariffs.
ITG CFO: We're the Picks & Shovels of the AI Boom
ITG CFO Chris Mecray details the company's fiber optic infrastructure work, its recent IPO, and how AI data center buildouts are driving growth, calling ITG the 'picks and shovels' of the AI boom.
AI Debt Surge Challenges Market Appetite, Raises Buildout Risks
Erika Klauer of Science and Technology Partners discusses the massive debt issuance for AI infrastructure and the market's struggle to absorb it, alongside buildout risks.
Amazon's Arizona Bet: $40B Investment Fuels Growth
Amazon's $40B+ investment in Arizona fuels jobs, workforce development, and small business growth, solidifying its role as a key economic driver.
Amazon's Nevada Bet: Jobs, Growth, and Local Impact
Amazon's $20B+ investment in Nevada fuels jobs, workforce development, and local business growth, transforming the state's economy.
Amazon's Colorado Footprint Expands
Amazon's $20 billion investment in Colorado fuels jobs, infrastructure, and small business growth, demonstrating a commitment to state economic development.
Anthropic Fuels Marvell, Macy's Gains, Hive Digital Surges
Bloomberg's Stock Movers podcast discusses Marvell Technology's rally driven by Anthropic's revenue growth, Macy's investor interest, and Hive Digital's surge on a $350M AI data center deal.
Fed's Hammack Cautions on Inflation, SpaceX Surges
Bloomberg News covers Fed officials' differing views on inflation, SpaceX's stock surge, US AI trade enforcement against China, and the aftermath of an earthquake in Colombia.
Cisco's AI Sales Forecast Sparks Investor Concern
Cisco's AI sales forecast of $7.5 billion disappoints investors, raising concerns about gross margins despite a strong market position in optics and networking silicon.
Amazon's Maryland Impact: Jobs, Data Centers, and Small Biz
Amazon's $20B+ investment in Maryland fuels jobs, data centers, and small business growth, creating a significant economic impact across the state.
CoreWeave's AI Surge Fuels $3.6B Outlook Amidst Tech Sector Shifts
Anurag Rana of Bloomberg Intelligence discusses CoreWeave's surging AI infrastructure demand, driving a $3.6B sales outlook. Super Micro and Paramount deals also covered.
US Inflation Cools, AI Stocks Rally: Bloomberg Money Minute
Bloomberg's Money Minute reports on cooling US inflation, a rally in AI stocks driven by strong earnings from Core Weave and Super Micro, and the $12 billion sale of the LA Lakers.
AI Data Centers & Consumer Stocks Roar on Wall Street
CoreWeave's AI demand surge and Super Micro's strong earnings lead pre-market movers, while Cava and H&R Block also see significant stock gains.
AI Fuels Stock Surge for Core Weave, Super Micro
Bloomberg's Stock Movers report highlights AI-driven surges in Core Weave and Super Micro Computer, alongside gains for Lumentum and H&R Block.
Rum Group CEO on AI Pivot and $3B Opportunity
Rum Group CEO Chris Pavlovski discusses the company's record Q2 revenue, the strategic pivot into AI infrastructure with Quake AI, and the $3 billion opportunity in unmonetized power and GPU capacity.
Paramount Threat, Spotify AI Rules in Bloomberg Money Minute
Bloomberg Money Minute covers Paramount's potential move from California and Spotify's new AI labeling rules for music.
Twilio CEO Sees AI Tailwinds Amid Strong Earnings
Twilio CEO Khozem Shipchandler discusses the company's strong Q2 earnings, its positioning as neutral AI infrastructure, and future opportunities in agentic AI.
Under Armour, Sweetgreen Stocks Tumble on Forecasts and Outbreaks
Under Armour and Sweetgreen stocks tumbled due to revised revenue forecasts and health concerns, respectively.
Bloomberg Money Minute: Stocks Dip, Solar Tariffs, and AI Music Row
Stocks are down as oil rises, the U.S. may delay solar tariffs, and musicians are pushing back against AI training on their music.
Western Digital CEO on AI Storage Demand and HDD Future
Western Digital CEO Irving Tan discusses the critical role of HDDs in AI infrastructure and the company's strategy to meet surging demand through technological innovation.
Western Digital CEO on AI Storage Demand
Western Digital CEO Irving Tan discusses the company's role in AI storage, highlighting demand for high-capacity HDDs and long-term agreements.
SpaceX AI Spending Drains Earnings, LIV Golf Secures Deal
SpaceX's substantial AI spending impacted its earnings, causing a 38% stock drop. Meanwhile, LIV Golf secured an investment deal with players becoming majority equity holders.
SpaceX's AI Spending Drains Stock After IPO Debut
SpaceX's stock dipped post-IPO despite strong revenue, as investors reacted to heavy AI spending and capital expenditures, according to Bloomberg's Danny Lee.
SpaceX Earnings: AI Splurge Overshadows Debut Report
SpaceX's debut earnings report shows revenue exceeding expectations, but an AI business loss and high valuation raise investor concerns. Experts analyze the company's growth drivers.
SpaceX Earnings: AI Splurge Dampens Debut
SpaceX reported strong revenue in its debut public earnings but an AI operating loss. Analysts discuss AI growth, key deals, and valuation.
SpaceX's IPO Debut: AI Costs Dampen Debut Earnings
SpaceX's IPO debut earnings reveal strong revenue but significant AI costs. Analysts discuss the company's growth strategy and competitive positioning.
SpaceX's AI Bets and Starlink's Growth in First Earnings Call
SpaceX's first earnings call as a public company highlights Starlink's continued revenue strength and the significant growth potential of its AI compute rental business.
Palantir Surges on AI Demand, Apple Expands in India
Palantir surges on strong AI demand, Apple hits $10B in India sales, and Palo Alto Networks bolsters AI-powered cyber defense.