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Bloomberg

Thiel-Backed Olympics Competitor Goes Public

An Olympics-style sports event that welcomes performance-enhancing drugs is set for later this month in Las Vegas. The company behind that endeavor just went public in a merger with a blank-check company, a SPAC deal that valued it at $1.2 billion with backing from Peter Thiel and former Coinbase CTO Balaji Srinivasan. Enhanced CEO Maximilian Martin joins Caroline Hyde from the floor of the New York Stock Exchange on "Bloomberg Tech."

Leia mais: Thiel-Backed Olympics Competitor Goes Public
Bloomberg

Waste Industry Is Recession-Resilient: Republic Services

Republic Services CEO Jon Vander Ark joined Bloomberg Open Interest to break down why the waste industry thrives even in downturns. He calls it "recession-resilient" with strong margins. He reveals a major $500M bet on advanced recycling that turns plastic back into new bottles. Plus, why AI will be the true game-changer for the future of waste management.

Leia mais: Waste Industry Is Recession-Resilient: Republic Services
Bloomberg

CoreWeave's Q1 Earnings Were 'Transformational,' CEO Says

CoreWeave CEO Michael Intrator characterizes the company's first-quarter earnings as transformational, highlighting strong performance across revenue and operating margins. Speaking on "Bloomberg Tech," Intrator emphasizes robust demand from existing AI-native and cloud customers, as well as new verticals such as trading and finance firms and robotics companies integrating AI at scale.

Leia mais: CoreWeave's Q1 Earnings Were 'Transformational,' CEO Says
Bloomberg

Akamai Shares Jump on $1.8 Billion AI Cloud Deal

Akamai CEO Tom Leighton joined Bloomberg Open Interest to break down a massive $1.8 billion AI cloud deal. Leighton said he could not give details on who the deal is with. He explains why it signals a shift away from big tech hyperscalers and how edge computing is becoming essential for stopping AI-powered cyberattacks, cutting costs, and delivering faster performance.

Leia mais: Akamai Shares Jump on $1.8 Billion AI Cloud Deal
Bloomberg

US Consumers Are 'Very, Very Frustrated,' UMich's Hsu Says

University of Michigan Surveys of Consumers Director Joanne Hsu discusses the persistent consumer pessimism despite stable macro indicators. She says the cost of living and high prices, especially a recent spike in gas prices, remain the dominant concern and are now clearly showing up in weaker demand. She speaks on "Bloomberg Open Interest."

Leia mais: US Consumers Are 'Very, Very Frustrated,' UMich's Hsu Says