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Bloomberg

Daniel Boulud's COVID-Era Bet

Five years after opening Le Pavillon during the height of COVID, Michelin-starred chef and Dinex Group Owner Daniel Boulud and SL Green CEO Marc Holliday joined Bloomberg Open Interest to talk about how luxury dining helped reinvent New York office real estate. They discuss the return-to-office boom, hospitality-driven workplaces, and why restaurants have become a key tool for attracting talent and premium tenants.

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Bloomberg

Gap Lowers Sales Outlook; Dell Soars on AI Demand | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Dell (DELL) shares are soaring after the company gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work. - Gap (GAP) shares plunged after the company lowered its sales outlook due to struggles with its product mix. - NetApp (NTAP) shares jumped after the data storage provider reported its latest earnings. Analyst say the report is a strong print from the company, showing strong growth, with upgrades to consensus expected.

Read more: Gap Lowers Sales Outlook; Dell Soars on AI Demand | Stock Movers
Bloomberg

Fed's Bowman Says Too Soon to Judge Iran War Inflation Impact

Federal Reserve Vice Chair for Supervision Michelle Bowman said, "I would like to have more clarity on the economic impacts from the conflict in the Middle East and the durability of those effects," and thinks it's too soon to judge the inflationary impact from the Iran war. Bowman said Friday at a central banking conference in Iceland that that policymakers need to look through temporary price shocks.

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Bloomberg

Autodesk CEO Says MaintainX Acquisition Presents Exciting Opportunity

Autodesk President and CEO Andrew Anagnost details the company's $3.6 billion acquisition of MaintainX, emphasizing that the deal represents a strategic move to extend Autodesk's offerings from design and manufacturing into the operational phase of the built environment lifecycle. He speaks with Matt Miller on "Bloomberg Open Interest."

Read more: Autodesk CEO Says MaintainX Acquisition Presents Exciting Opportunity
Bloomberg

Chevron CEO Wirth on Oil Prices, Strait of Hormuz, Venezuela

Chevron Chairman & CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies, multiple attacks this week on vessels transiting the Strait of Hormuz, the company's view on Venezuela, and potential oil and gasoline shortages. He speaks on "Bloomberg Surveillance."

Read more: Chevron CEO Wirth on Oil Prices, Strait of Hormuz, Venezuela