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Bloomberg
Financial

Once Upon a Farm CEO on Outlook Boost, Consumer Demand

John Foraker, Co-Founder and CEO of Once Upon a Farm, discussed the company's strong 42% sales growth in the recent quarter and expressed confidence in sustaining this momentum due to resilient consumer demand across baby and kid food categories. The company has raised its guidance for the full year and anticipates continued growth. He speaks with Romaine Bostick on "The Close."

Leia mais: Once Upon a Farm CEO on Outlook Boost, Consumer Demand
Bloomberg
Financial

Akamai CEO on Earnings, Cloud Industry, New Investment

Akamai's shares declined following the release of its second-quarter earnings report, despite the company beating earnings estimates. Tom Leighton, Co-Founder and CEO of Akamai, joined the program to discuss the company's performance and recent developments. He speaks with Romaine Bostick on "The Close."

Leia mais: Akamai CEO on Earnings, Cloud Industry, New Investment
Bloomberg
Financial

This Spider-Man Is 'Deeper,' Say Sony's Rothman

Sony Pictures Entertainment Motion Picture Group Chairman and CEO Tom Rothman says this latest Spider-Man movie was deeper and more emotional than others in the franchise. He says "Spider-Man: Brand New Day" could be one of the studio's most profitable movies ever. Rothman also talks about ticket prices and making movies in California on "Bloomberg The Close."

Leia mais: This Spider-Man Is 'Deeper,' Say Sony's Rothman
Bloomberg
Financial

Gen CEO on Earnings, New Cybersecurity Attack Tracker

Gen Digital's shares are reaching their highest levels in nearly a year following an upward revision of its earnings forecast. Vincent Pilette, President and CEO of Gen Digital, expressed strong confidence in sustaining double-digit growth over the coming quarters, driven by increased demand for cybersecurity solutions amid growing concerns related to AI and agentic technologies. He speaks with Romaine Bostick on "The Close."

Leia mais: Gen CEO on Earnings, New Cybersecurity Attack Tracker
Bloomberg
Financial

Treasuries Rally as Soft Jobs Data Trims Fed Rate-Hike Bets

US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve's willingness to raise interest rates. The yield on two-year US Treasuries, which are sensitive to near-term moves in Fed monetary policy, fell as much as nine basis points on Friday to 4.15% as traders cut bets on interest-rate hikes in the coming months. The moves were pared later in the New York trading session as oil rose, though the two-year yield remained about four basis points lower on the day near 4.20%. We get reaction from Tom Tzitzouris, Head of Fixed Income Research at Baird Strategas.

Leia mais: Treasuries Rally as Soft Jobs Data Trims Fed Rate-Hike Bets
Bloomberg
Financial

US Army Wants to Let Companies Test Weapons Faster

The US Army wants to see new weapons on the battlefield faster. So the Pentagon will open up five military ranges to private industry to let them test drones, counter-drone technology, long-range missiles, low-cost air defense interceptors and other weapons. Bloomberg's Tyler Kendall sat down with US Army Secretary Dan Driscoll.

Leia mais: US Army Wants to Let Companies Test Weapons Faster
Bloomberg
Financial

GTA VI Preorders Are 'Unprecedented,' Take-Two Says

Take-Two shares climbed after quarterly bookings beat estimates, but investors remain focused on the biggest event in the company's pipeline, the launch of Grand Theft Auto VI. Bloomberg's Jason Schreier discusses what Take-Two is calling "unprecedented" preorder demand, why expectations for the game are so high, and what to watch for when Rockstar unveils an extended look at GTA VI gameplay ahead of its November release. He joins Ed Ludlow on "Bloomberg Tech."

Leia mais: GTA VI Preorders Are 'Unprecedented,' Take-Two Says