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President Will Signal Nuclear Aims Over If He Ends War, Says Former National Intelligence Official

Former Deputy Director of National Intelligence and Retired Lieutenant General Karen Gibson said that if the president declares war with Iran over it will signal he has abandoned the aims of the war, including putting curbs on the Iranian nuclear program. Gibson said that even if President Trump declares war over, it will likely not move Iran's blockade on the Strait of Hormuz unless the US is prepared to give up its economic campaign as well.

Read more: President Will Signal Nuclear Aims Over If He Ends War, Says Former National Intelligence Official
Bloomberg
Financial

AI Fuels Snowflake's Accelerating Revenue Growth

Snowflake posted a third straight quarter of accelerating product revenue growth and raised its full-year outlook, with CEO Sridhar Ramaswamy saying AI accounted for about half of the company's outperformance. He discusses the rapid adoption of Snowflake's AI coding agent Coco, growing customer usage, and how the company is competing with Databricks in the race to turn enterprise data into AI-driven growth. He joins Ed Ludlow on "Bloomberg Tech."

Read more: AI Fuels Snowflake's Accelerating Revenue Growth
Bloomberg
Financial

Wayve, Uber Bring Robotaxi Rides to London

Self-driving startup Wayve is launching robotaxi rides with Uber in London, initially with safety drivers behind the wheel. CEO Alex Kendall discusses the path to fully driverless service, plans to expand with Uber to more global cities, and how Wayve's end-to-end AI technology is designed to drive without relying on high-definition maps. He joins Ed Ludlow on "Bloomberg Tech."

Read more: Wayve, Uber Bring Robotaxi Rides to London
Bloomberg
Financial

Goldman's Bordlemay Sees `Ping-Pong' Pattern for Stocks

Katherine Bordlemay, co-head of client portfolio management at Goldman Sachs Asset Management, expects to see a ``ping-pong of volatility'' continue in US stocks even as major indexes grind higher. She says stronger earnings have cushioned equities from rising US Treasury yields. She speaks with Dani Burger and Isabelle Lee on Bloomberg's ``Open Interest.''

Read more: Goldman's Bordlemay Sees `Ping-Pong' Pattern for Stocks
Bloomberg
Financial

Snowflake Jumps on Revenue Outlook, Uptake of AI Assistant

Snowflake shares jumped by the most in three months after the company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Bloomberg Intelligence Senior Tech Analyst Matt Bloxham discusses the outlook from Snowflake as well as Broadcom's AI chip forecast and Nvidia's move to buy Hugging Face.

Read more: Snowflake Jumps on Revenue Outlook, Uptake of AI Assistant
Bloomberg
Financial

Stocks, Bonds Rise as Fed-Hike Bets Ease on Waller

Stocks rose and bond yields fell as Federal Reserve Governor Christopher Waller said he'd be willing to support holding rates steady if price pressures continue to show signs of easing. Keith Lerner, CIO at Truist, discusses current market moves, Fed expectations, and outlook for where the S&P 500 may end the year.

Read more: Stocks, Bonds Rise as Fed-Hike Bets Ease on Waller
Bloomberg
Financial

Not Getting Signs of Overheating from Any Labor Market Indicators, Says Darda

A recent plunge in US labor force participation has sparked competing theories about whether persistent drivers like aging and immigration or more temporary seasonal shifts are to blame. Any evidence in upcoming jobs reports could reshape how policymakers view the labor market. Michael Darda, Chief Economist at Roth Capital Partners, discusses nominal GDP and outlook for the US economy ahead of Friday's jobs report.

Read more: Not Getting Signs of Overheating from Any Labor Market Indicators, Says Darda
Bloomberg
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Nvidia Up on Acquisition; Snowflake Jumps on Outlook | Stock Movers

On this episode of Stock Movers: - Nvidia (NDVA) shares are a tick higher this morning as it has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion. - Snowflake (SNOW) jumped this morning after it raised its outlook for annual sales, topping analysts' estimates, and reported rapid adoption of its AI-assisted coding tool. The company said more than 2,000 customer accounts started using its coding assistant called CoCo during the quarter, bringing the total to 9,100. - Meta (META) shares are higher as the social media giant released its most powerful artificial intelligence model yet. Meanwhile, other technology and growth stocks also advanced as oil prices and Treasury yields are showing signs of stabilization.

Read more: Nvidia Up on Acquisition; Snowflake Jumps on Outlook | Stock Movers