Margie Patel, senior portfolio manager and head of Capital Allocation at Allspring Global Investments, joins Ed Ludlow and Caroline Hyde to discuss concerns around returns on AI investments in the context of Broadcom's earnings and the news that Oracle is pushing back the completion dates for some of its AI data centers. She speaks on "Bloomberg Tech."
Broadcom, a chip company vying with Nvidia for AI computing revenue, suffered the worst stock decline in 10 months after its sales outlook for the market failed to meet investors' lofty expectations. Karl Ackerman, managing director of semiconductors and networking hardware at BNP Paribas, joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech."
President Donald Trump signed an order aimed at thwarting state-level regulation of AI through lawsuits and funding cuts, handing a win to tech industry leaders who've pressed for preemption of local rules. David Sacks, White House AI and Crypto Czar, weighs in with Ed Ludlow and Caroline Hyde on "Bloomberg Tech."
Zedge (NYSE:ZDGE) announced its financial results for the first quarter of fiscal 2026, ended October 31, 2025.
The company reported revenue of $7.6 million, reflecting a 5.8% year-over-year increase.
Katapult (NASDAQ:KPLT) has announced a definitive all-stock agreement to merge with Aaron’s and CCF Holdings, forming a leading omni-channel financial solutions and retail platform aimed at serving non-prime consumers.
SoftBank Group Corp. is looking at potential acquisitions including data center operator Switch Inc., as billionaire founder Masayoshi Son seeks to ride an AI-fueled boom in digital infrastructure. Matt Bloxham on Bloomberg Intelligence has more.
Broadcom Inc. slumped after its sales outlook for the AI market failed to meet investors' expectations and unsettling commentary from Chief Executive Officer Hock Tan on a conference call with analysts. Matt Bloxham on Bloomberg Intelligence has more.
OpenAI has launched GPT-5.2, calling it its most capable model yet just weeks after Google accelerated the race with Gemini 3.
Live Ventures (NASDAQ:LIVE) today reported its financial results for the fiscal year ended September 30, 2025, showing a significant turnaround in profitability despite a modest dip in revenue.
The company posted total revenue of $444.9 million, a 5.9% decrease year-over-year, largely attributed to continued weakness in its housing-related segments.
Rail freight stakeholders can mark their calendars as Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) have set December 19 as the date to file their formal merger application with federal regulators.
This date for the filing, which covers the creation of the first freight-only transcontinental railroad, was revealed in a document advising of a delayed submission to the Surface Transportation Board (STB) on December 5.
Amazon (NASDAQ:AMZN) is developing a new "rush" pickup service that would allow customers to collect their online orders from its physical stores within an hour, according to a report by Business Insider on Thursday, which cited an internal company document and a person familiar with the matter.
Freight Technologies (NASDAQ:FRGT) reported its third-quarter results for the period ending September 30, 2025, highlighting key operational improvements as the company moves closer to a software- and AI-driven logistics model.
The company reduced its operating loss by $0.4 million in Q3 year-over-year and improved its year-to-date (YTD) operating loss by $1.2 million.
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