Bloomberg Intelligence

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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Sri Natarajan, Bloomberg News Chief Wall Street Correspondent, discusses Elon Musk’s SpaceX negotiating to pay less than 0.75% for the $75 billion it aims to drum up in an initial public offering this month.

-Matthew Bloxham, Bloomberg Intelligence Senior and Tech Analyst, discusses Google parent Alphabet raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway.

-Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, discusses earnings from Victoria's Secret. Victoria’s Secret shares soared after the company beat earnings estimates and boosted its outlook, adding to signs of progress for Chief Executive Officer Hillary Super’s turnaround plan.

-Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, discusses Hewlett Packard Enterprise shares soaring after the company gave an outlook for annual sales that topped Wall Street’s estimates, citing massive growth in AI-fueled demand for its servers and networking.

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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Jody Lurie, Bloomberg Intelligence Credit Analyst, discusses Barry Diller making an offer for the remaining portion of MGM Resorts International he doesn’t already own through his business empire, People Inc.

-Matthew Palazola, Bloomberg Intelligence, Senior Analyst, P&C Insurance, discusses the latest at Berkshire Hathaway. Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday.

-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses Nvidia entering the PC market with a new chip called RTX Spark Superchip to loosen Intel Corp.'s stranglehold and modernize machines for the AI era.

- Isabelle Lee, Bloomberg Cross Asset Reporter, discusses the Bloomberg Big Take: "SpaceX IPO Forces Wall Street to Reorganize Around.” Even if all SpaceX's IPO does is break the record for the biggest ever listing, the world of finance has already changed. The company’s ambitious listing plan is set to clear the way for other mega-offerings. It also risks threatening the integrity of the market itself.
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Bloomberg Intelligence hosted by Scarlet Fu, Alexandra Semenova, and John Tucker

- Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, recaps Dell earnings. Dell Technologies shares surged after the company gave an outlook for annual sales that far surpassed analysts’ estimates, fueled by demand for servers that power artificial intelligence work.

-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses the latest at Anthropic. Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment.

-George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses the latest at SpaceX and Blue Origin. SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter. Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad, dealing a major setback to the company.

-Matt Henriksson, Bloomberg Intelligence Senior Equity Analyst, discusses Bloomberg Intelligence’s Diabetes deep dive. According to BI: Continuous glucose monitors and insulin pumps markets each can generate annual growth rates above double digits through 2030, having emerged as the standard of care. Automated sensing and insulin delivery offer sustainable growth for Dexcom and Abbott Laboratories in CGMs andInsulet, MiniMed, Beta Bionics and Tandem Diabetes Care in pumps.
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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Jody Lurie, Bloomberg Intelligence Credit Analyst, discusses Tilman Fertitta's firm striking a $5.7 billion, all-cash deal for Caesars Entertainment that will add some 52 casinos in the US to his entertainment empire.

-Caroline Hyde, BTech Co-Anchor, discusses Snowflake giving a stronger-than-expected annual outlook and signing a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.

-Anurag Rana, Bloomberg Intelligence Technology Analyst, recaps Salesforce earnings. Salesforce gave a revenue outlook for the current period that fell just short of analysts’ estimates, with revenue expected to be about $11.3 billion in the fiscal second quarter.

-Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, discusses Kohl’s earnings. Kohl’s reported stronger-than-expected sales, as the department chain’s turnaround under Chief Executive Officer Michael Bender begins
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Bloomberg Intelligence hosted by Paul Sweeney and Alexandra Semenova

-Jake Silverman, Bloomberg Intelligence Semiconductor Analyst, discusses a surge in memory-chip stocks intensifying, sending the market capitalizations of SK Hynix and Micron Technology above $1 trillion for the first time. Investors are betting the AI boom will lead to a sustained revaluation of the industry.

-Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses Boeing raising production on its 737 Max jet. Boeing CEO Kelly Ortberg said it’s a key step to improve profitability and generate cash.

-Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, recaps earnings from Abercrombie & Fitch. The apparel retailer reported first-quarter adjusted earnings per share that beat and maintained its outlook for the year.

-Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, recaps earnings from Dick's Sporting Goods and Bath & Body works. According to Bloomberg Intelligence: Dick's Sporting Goods' has strong momentum for its legacy business heading into the summer and back-to-school shopping seasons, with the World Cup a possible catalyst for further same-store sales surprises following fiscal 1Q's stronger-than-expected 6% gain.

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