Nvidia, the chipmaker at the heart of the artificial intelligence boom, said it forecasts revenue growth of about 70% in fiscal 2028. Analysts had predicted 45%. The upbeat outlook offered relief to investors concerned about a bubble in the AI economy. Bloomberg's Tom Mackenzie has more.
Philippine Stock Exchange President and CEO Ramon Monzon discusses efforts to boost market liquidity, expectations for capital raising, and the outlook for major IPOs including GCash and PLDT's data center unit. He appeared exclusively on Bloomberg's "Insight with Haslinda Amin."
Shaun Day, Managing Director at Greatland Resources, discusses the gold and copper producer's full-year results, which saw its annual profit more than double. He also discusses its outlook for output in fiscal 2027. He speaks exclusively with Haidi Stroud-Watts on "Bloomberg: The Asia Trade".
Sarita Singh, MD of Southeast Asia, Greater China and South Korea at financial infrastructure firm Stripe believes artificial intelligence is now accelerating the progress of the Internet economy. She speaks with Haslinda Amin on "Insight with Haslinda Amin.
Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin. Bloomberg's Michael Heath shares what we know.
Nvidia Corp. gave a bullish sales outlook for fiscal 2028, with Chief Financial Officer Colette Kress saying the company expects to grow revenue by approximately 70% in fiscal 2028. Bloomberg's Ed Ludlow and Kunjan Sobhani break down the news.
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."
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."
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."
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."
Revolution CEO Steve Case says AI will disrupt a wide range of industries and business models, advising investors to seek assets that have better durability. Speaking with Romaine Bostick on "Bloomberg's The Close," Case points to real estate and hospitality as areas attracting investment.
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."
