Vera Bradley (NASDAQ:VRA) today announced its financial results for the third quarter of fiscal year 2026, ended November 1, 2025, reporting a decline in revenues and a widened net loss impacted by significant non-recurring charges.
Consolidated net revenues for the quarter were $62.3 million, down from $70.5 million in the year-ago period.
Tech giants are pouring trillions of dollars into AI chips and data centers while the industry quietly faces a fork in the road between open source and proprietary models. AMD chair and CEO Lisa Su and former IBM CEO Sam Palmisano explain why that choice could shape the next era of computing.
The Federal Reserve has just cut rates by 25 basis points into an economy it still expects to grow faster next year, raising questions about why it eased and how much further it can go. Former Council of Economic Advisers chair Glenn Hubbard discusses the decision, the neutral rate and why he doesn't see much more room for rate cuts going into 2026.
President Donald Trump says he thinks his "voice should be heard" when it comes to making recommendations on the interest rates set by the Federal Reserve. He speaks with reporters in the Oval Office.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
On "Bloomberg Real Yield", Maureen O'Connor, global head of high-grade debt syndicate at Wells Fargo Corporate & Investment Bank, and Amanda Lynam, head of macro credit research at BlackRock, talks with Matt Miller about credit spreads, issuance and risks tied to the boom in AI growth. There's a frenzy of development going on to support the AI revolution, and with it an insatiable demand for debt to fund it. Some estimate the overall infrastructure roll-out cost could reach $10 trillion, and with so many lenders lining up to throw cash at the assets, the fear is a bubble is building.
On "Bloomberg Real Yield", Alexander Wolf, global head of macro and fixed income strategy at J.P. Morgan Private Bank, and Mike Contopoulos, deputy chief investment officer at Richard Bernstein Advisors, talks with Matt Miller about the Fed's rate decision this week, the next Fed chair and corporate credit. Analysts say that there's plenty to worry about when it comes to credit, from AI oversupply and private market distress to asset-backed blowups and runaway rates.
The UK economy is at risk of its first quarterly contraction since Labour returned to power, after growth disappointed again by shrinking ahead of Chancellor of the Exchequer Rachel Reeves' tax-raising budget. Can the UK's tech sector come to the rescue? British Business Bank CEO Louis Taylor weighs in with Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Tech."
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."
UIPath, a robotics automation software company, has seen its shares rise close to 40% this year due in large part to the company's large customer base over several industries, spanning from healthcare to the US government. CFO & COO Ashim Gupta joined Carol Massar, Tim Stenovec, and Nina Trentmann on 'Bloomberg businessweek Daily' to discuss AI and automation trends.
Oracle Corp. has pushed back the completion dates for some of the data centers it's developing for the artificial intelligence model developer OpenAI to 2028 from 2027, according to people familiar with the work. The delays are largely due to labor and material shortages, said the people, asking not to be identified discussing private schedules. Oracle has been working to deliver on a $300 billion contract to supply the computing power necessary to train and run OpenAI's models since it was inked this summer. Even with the delays, the timelines for the projects in the US remain ambitious for sites that are set to become some of the largest in the world. Brody Ford discusses his reporting on Oracle's position at the center of the AI book on Bloomberg Businessweek Daily.
