Microsoft, Nvidia to Invest Up to $15 Billion in Anthropic

Microsoft, Nvidia to Invest Up to $15 Billion in Anthropic

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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses top tech stories. Microsoft Corp. and Nvidia Corp. are committing to invest up to a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.

-Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, recaps Home Depot earnings. Home Depot cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases. The company expects adjusted earnings per share to decline from a year ago, citing the overall weakness in the housing market and a lack of storms that hampered demand in certain categories.

-Matt Henriksson, Bloomberg Intelligence Senior Medtech Analyst, recaps Medtronic earnings. The medical device maker lifted the bottom end of its range for adjusted profit forecast for the year. The company also boosted its organic revenue outlook following better-than-expected results in the second quarter.

-Abigail Gilmartin, Bloomberg Intelligence Athleisure and Footwear Analyst, recaps Amer Sports earnings. Amer Sports Inc. raised its full-year guidance for the third time this year after strong demand for its Salomon footwear drove quarterly sales to a record. Sales growth at the group’s two other units — including the Technical Apparel segment and the Ball & Racquet Sports unit — also surpassed expectations. As a result, overall group sales also hit a new high.

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Fed's Williams Supports June Hike, Sees 2% GDP Growth (Audio)

Fed's Williams Supports June Hike, Sees 2% GDP Growth (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010John Williams, President and CEO of the San Francisco Federal Reserve Bank, on the economy, rate hikes, inflation and jobs.See omnystudio.com/listener for privacy information.

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Bloomberg's Butler: Cautious of Sprint's Network Upgrade(Audio)

Bloomberg's Butler: Cautious of Sprint's Network Upgrade(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: John Butler, Senior Telecoms Analyst for Bloomberg Intelligence, on Sprint's earnings and the FCC's upcoming spectrum auction.See omnystudio.com/listener for privacy information.

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Pacific Heights' Cuggino Sees Global Growth Long Term (Audio)

Pacific Heights' Cuggino Sees Global Growth Long Term (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Michael Cuggino, President of Pacific Heights Asset Management and portfolio manager at Permanent Portfolio Family of Funds, for a look at the markets and where he sees opportunities.See omnystudio.com/listener for privacy information.

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Fed's Fernald on Changing Nature of Productivity in U.S.(Audio)

Fed's Fernald on Changing Nature of Productivity in U.S.(Audio)

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Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Bloomberg stocks editor David Wilson on today's market winners, losers, and Stock of the Day: P.H. Glatfelter (GLT).See omnystudio.com/listener for privacy information.

3 Touko 201612min

Auto Analyst Alan Baum: Auto Sales To Plateau This Year (Audio)

Auto Analyst Alan Baum: Auto Sales To Plateau This Year (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Alan Baum, Principal at Baum and Associates, a West Bloomfield, Michigan based research firm focused on automotive, for analysis of April auto sales.See omnystudio.com/listener for privacy information.

3 Touko 201611min

San Fran Fed's Williams, Daly, on Wage Growth and Labor (Audio)

San Fran Fed's Williams, Daly, on Wage Growth and Labor (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Mary Daly, Senior Vice President and Associate Director of Research at the Federal Reserve Bank of San Francisco, joins Fed President John Williams to discuss wage growth and the labor market.See omnystudio.com/listener for privacy information.

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Lountzis Says Buffett Remains Overwhelmingly Positive (Audio)

Lountzis Says Buffett Remains Overwhelmingly Positive (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Paul Lountzis, Founder of Lountzis Asset Management, on Berkshire Hathaway's annual shareholders’ meeting in Omaha, Nebraska.See omnystudio.com/listener for privacy information.

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