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DataBank's Incoming CEO on AI Buildout, Nvidia Earnings

Kevin Ooley, the incoming CEO of DataBank and current CFO, joined the program to discuss critical issues surrounding the expansion of data centers. Operating over 70 data centers across more than 25 markets, DataBank faces significant challenges related to power availability and infrastructure. He speaks with Romaine Bostick & Mandeep Singh on "The Close."

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Bloomberg
Financial

'Dean of Valuation' Damodaran on Nvidia's Multiple

Aswath Damodaran, Professor of Finance at NYU Stern School of Business, discusses the evolving landscape of AI investments following Nvidia's latest earnings report. He describes the current phase as AI's "bar mitzvah moment," where investors are shifting from valuing companies based on future promises to requiring concrete evidence of progress. He speaks with Romaine Bostick & Mandeep Singh on "The Close."

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Bloomberg
Financial

Nvidia Investor Jack Ablin on Earnings Results, Guidance

Jack Ablin, Founding Partner and Chief Investment Strategist at Cresset, a $260 billion family office, joined the discussion to provide insights on Nvidia's recent stock performance. Ablin also touched on Nvidia's recent earnings report and a significant data center lease agreement with terms of 15 years, indicating strong business fundamentals supporting the company's outlook.. He speaks with Romaine Bostick on "The Close."

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Bloomberg
Financial

Tech Billionaire Steve Case on AI Buildout, Nvidia Role

Steve Case, Revolution Chair & CEO, & AOL Co-Founder, reflects on the evolution of community building from the early days of AOL's digital chat rooms to today's increasing demand for real-world connections. He highlights how the rise of AI and digital interactions has sparked renewed interest and investment in physical communities, particularly in real estate and hospitality sectors. He speaks with Romaine Bostick on "The Close."

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Bloomberg
Financial

AI Expert on Anthropic's "Fantasy" Projections, Nvidia

Gary Marcus, NYU Emeritus Professor of Psychology and Neural Science, discusses the recently rumored total addressable market (TAM) figures presented by AI companies like Anthropic, which suggest a market size comparable to the entire U.S. GDP. He expresses skepticism about the realism of such enormous valuations and market opportunities, noting that while AI impacts many areas, not everyone is using or satisfied with it. He speaks with Romaine Bostick & Emily Graffeo on "The Close."

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Bloomberg
Financial

Meta Settles Social Media Lawsuit for $18B

Meta Platforms Inc. said it agreed to pay up to $18 billion in landmark settlements to resolve social media claims from US states that would require the company to make major changes to how it operates platforms like Facebook and Instagram. Bloomberg News Investigative Reporter Olivia Carville and Bloomberg Tech Host Ed Ludlow break down the announced agreement and what it means for the tech giant.

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