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Daniel Flax, Neuberger senior research analyst, discusses what the latest round of tech earnings could portend for AI companies like Apple, Broadcom and Nvidia on "Bloomberg The Close."

Meta Platforms Inc. shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it's making to build artificial intelligence models won't pay off. The social-media giant projected full-year capital expenditures between $125 billion and $145 billion, far exceeding analysts' estimates and marking a roughly 7.4% increase from what the company had previously projected. The company is dealing with "higher component pricing" and additional data center costs, Chief Financial Officer Susan Li said in a statement. Bloomberg's Kurt Wagner joins to discuss.

Ford CFO Sherry House discusses first-quarter earnings, SUV and pick-up truck sales amid higher gas prices and the automaker's full-year outlook on "Bloomberg The Close."

DA Davidson Managing Director Gil Luria offers his key takeaways on earnings from Amazon, Microsoft and Meta Platforms. He speaks on "Bloomberg The Close."

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says the market took the Federal Reserve easing bias out at the onset of the war in Iran.

Fed Chair Jerome Powell said he intends to remain at the central bank as a member of its Board of Governors, but it's not clear when he'll leave completely. Jim Bianco of Bianco Research says Powell could stick around as a disruptor.

Stripe announced several new AI tools Wednesday, including a new partnership with Google, aimed at building AI tools for payments and commerce. Stripe President and co-founder John Collison discusses the company's AI strategy with Bloomberg Tech's Ed Ludlow.

Ariel Granoff, managing director of LionTree Advisors, joins Dani Burger on "Bloomberg Deals."

Jonathan Goldstein, co-founder & CEO of Cain International, discusses the importance of focusing on both brand strength and operational excellence when investing in luxury assets with Dani Burger on "Bloomberg Deals."

Tom McCaleb, managing director & partner of travel, transport, & leisure at Boston Consulting Group Transport, joins Dani Burger on "Bloomberg Deals."

Federal Reserve Chair Jerome Powell says concerns about recent legal attacks on the central bank has led him to the decision to stay at the institution and will leave when it is appropriate to do so. While Powell's term as Fed chair ends on May 15, his seat on the Board of Governors doesn't expire until 2028.

Federal Reserve Chair Jerome Powell says he'll continue to serve as a governor "for a period of time to be determined" but with a low profile. He speaks in Washington after the FOMC left interest rates unchanged.