Snowflake CEO Sridhar Ramaswamy called the current AI-driven moment 'magical.' Snowflake projected product revenue for the current quarter of around $1.26 billion. Ramaswamy discusses the company's results with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Paramount Skydance needs Warner Bros. Discovery to seriously compete against Google, Amazon, and Netflix, says Laura Martin, entertainment and internet analyst at Needham & Co. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
Salesforce Inc. gave a strong outlook for long-term sales and announced a large share buyback, helping assuage some of Wall Street's fears about AI disruption of the software industry. "We're well on our way" to $63 billion in annual revenue in fiscal year 2030, Chief Executive Officer Marc Benioff said Wednesday in a statement. Wall Street was expecting $60.3 billion. The company also announced a new $50 billion stock buyback program and increased its quarterly dividend to 44 cents per share. Bloomberg's Anurag Rana joins to discuss.
Marcie Frost, CEO of California Public Employees Retirement System (CalPERS), discusses the pension fund giant's exposure to private markets and portfolio strategy on "Bloomberg Markets."
In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold.
The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety.
When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.
Well, pull out the party hats and dust off the stock tickers.
Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.
The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk.
This persistent "Musk Premium" has burned countless short-sellers.
Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
U.S. Customs and Border Protection (CBP) will officially stop collecting billions in trade duties at 12:01 a.m. EST on Tuesday, following a landmark Supreme Court ruling that declared President Donald Trump’s use of emergency powers to levy tariffs illegal.
The U.S. Supreme Court delivered a historic blow to President Donald Trump’s economic agenda Friday, ruling 6-3 that the administration overstepped its constitutional authority by using a national emergency statute to impose sweeping global tariffs.
The January US jobs report surprised to the upside, adding 130,000 roles as unemployment dipped to 4.3% and wages stayed contained.
Washington has pulled itself back from the brink, passing a $1.2 trillion stop-gap deal that reopened most of the US government after days of disruption.
Warner Bros. Discovery (NASDAQ:WBD) reported fourth-quarter financial results that fell short of analyst profit expectations, highlighting the ongoing challenges of balancing a legacy linear television business with an aggressive pivot to global streaming.
Hertz Global Holdings (NASDAQ:HTZ) reported fourth-quarter and full-year 2025 results on Thursday, showcasing a massive operational recovery driven by disciplined fleet management and rigorous cost controls.
Papa John’s International (NASDAQ:PZZA) reported fourth-quarter financial results that showcased resilient profitability even as the pizza chain struggled to meet top-line growth targets.
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