Erica Brescia, Managing Director at Redpoint Ventures, discussed Super Micro's robust business model and strong market position during the segment. Despite recent volatility, Super Micro benefits from significant pricing power and a durable business model as a key supplier of hardware components essential for AI-driven growth. She speaks with Romaine Bostick on "The Close."
Hayden Brown, CEO of Upwork, discusses the company's recent financial performance after its full-year forecast missed analyst estimates, leading to a significant drop in the stock price. Brown discusses the sources of pressure facing Upwork and how the company plans to adapt to these challenges. She speaks with Romaine Bostick on "The Close."
Pakistan's defense minister said the US and Iran are "close to some sort of arrangement" over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. Noam Raydan, William Sudhaus Senior Fellow at The Near East Institute says the data shows that the Strait of Hormuz and Red Sea will remain essential choke points.
Steve Ostroff, Former Acting Commissioner of the FDA and Former Deputy Director of the National Center for Infectious Diseases at the CDC, joined the program to discuss the public awareness timeline of the cyclospora outbreak. The conversation highlighted that while the outbreak became widely known in early to mid-July, there were reports suggesting that government agencies had knowledge of the issue weeks prior to public disclosure. He speaks with Romaine Bostick on "The Close."
Gil Luria, head of technology research at D.A. Davidson, reacts to CoreWeave topping analysts' estimates for second-quarter sales after signing up more customers in a booming market, with sales more than doubling to $2.58 billion. He speaks on "Bloomberg The Close."
Rajesh Vashist, Chairman and CEO of SiTime, discussed the company's impressive triple-digit year-over-year revenue growth, attributing much of the acceleration to AI-driven demand and the expanding data center market. SiTime's technology plays a critical role in timing synchronization across various data center components, including TPUs, GPUs, switches, accelerator cards, optical modules, and cables, ensuring high performance and cost efficiency. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
Gio Albertazzi, CEO of Vertiv, joined the program to discuss the company's recent earnings report. Unlike many AI-related companies that often beat revenue expectations but miss on profitability or margins, Vertiv reported the opposite: it beat on margins and profitability but missed on revenue. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Kristine Aquino and Tim Stenovec.
Ian Rogers, chief human agency officer at Ledger, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." The crypto community is reeling from a breach involving Coldcard wallets made by Coinkite. Rogers, who's company is a competitor of Coinkites, discusses how AI has made crypto hacks easier than ever.
Yoni Assia, co-founder and CEO of eToro, said that his company bought brokerage TradeZero to expand their presence in the United States and not have to build it from the ground up. Assia said that he sees a 'huge untapped market' in the United States for eToro products that have found success in Europe.
Bloomberg's Nicola White joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." A virtually unknown fintech that catapulted into the headlines and cracked a $1 billion market value after signing a deal with the Trump family's crypto platform last year has sold its core business for about $12 million.
Marc Short, chairman of Advancing American Freedom and former chief of staff to Vice President Mike Pence, said that the alternative Democrats are offering to voters tired of the Republican party is also not what Americans are looking for. Short said that Democratic Socialist candidates winning Democrat primaries gives Republicans the opportunity to craft a narrative about how 'crazy' the Democratic Party has become.
