Meta Seizes Its Moment to Spend Aggressively in the AI Race

Meta Seizes Its Moment to Spend Aggressively in the AI Race

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Bloomberg Intelligence hosted by Paul Sweeney and Norah Mulinda

-Kurt Wagner, Bloomberg Tech Reporter, discusses Meta earnings. Meta Platforms Inc. is increasing spending next year, with executives saying now is the time to seize on investment opportunities in artificial intelligence.

-Damian Garde, Bloomberg News Health Reporter, discusses how a trial of Eli Lilly & Co.'s diabetes drug Mounjaro fell short of expectations that it would do a better job of preventing heart attacks and strokes than its older medicine Trulicity.

-Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst, recaps Qualcomm earnings. Shares of Qualcomm Inc., the biggest maker of chips that run smartphones, fell after the company reported lackluster growth in that market, fueling concerns that tariffs will take a toll on the industry.

-Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, discusses Comcast earnings. Comcast Corp. lost 226,000 domestic broadband subscribers in the quarter ended June 30, but this was better than analysts' forecasts for losses of 257,000.

See omnystudio.com/listener for privacy information.

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Commonwealth's McMillan on Need for Consumer Spending (Audio)

Commonwealth's McMillan on Need for Consumer Spending (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, on how this week's economic numbers will impact stocks and markets, and his outlook for the Fed.See omnystudio.com/listener for privacy information.

16 Maj 201611min

Trex's Cline on Alternative Decking: Poised For Growth (Audio)

Trex's Cline on Alternative Decking: Poised For Growth (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Jim Cline, CEO of Trex, the biggest alternative decking company in the US, on the impact of the existing home sales market, utilizing recycled materials, and how the industry is poised for growth.See omnystudio.com/listener for privacy information.

16 Maj 201611min

Tradesy's DiNunzio on How Resale is Impacting Fashion (Audio)

Tradesy's DiNunzio on How Resale is Impacting Fashion (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Tracy DiNunzio, Founder and CEO of Tradesy, on their $30 in Series C Funding, and how resale is affecting the fashion industry.See omnystudio.com/listener for privacy information.

16 Maj 20168min

Bloomberg's Koons on Pfizer, Again's Kilduff on Oil  (Audio)

Bloomberg's Koons on Pfizer, Again's Kilduff on Oil (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUESTS: Bloomberg healthcare reporter Cynthia Koons on Pfizer buying eczema drugmaker Anacor for $5.2 billion. John Kilduff, Founding partner of Again Capital, on the oil markets, and the rally: is the global supply glut really over?See omnystudio.com/listener for privacy information.

16 Maj 201611min

Elbow Beach Bermuda's Chef Serge Botelli (Correct)(Audio)

Elbow Beach Bermuda's Chef Serge Botelli (Correct)(Audio)

(Corrects spelling of guest name)\u0010 (Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010Guest:\u0010Executive Chef Serge Botelli, from Elbow Beach Bermuda, discusses the hotel and hospitality industry in Bermuda, and the art of cooking for celebrities- and queens.See omnystudio.com/listener for privacy information.

16 Maj 20166min

76ers' O'Neil, StubHub's Cutler, on New Ads on Jerseys (Audio)

76ers' O'Neil, StubHub's Cutler, on New Ads on Jerseys (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Scott O'Neill, CEO of the Philadelphia 76ers and the New Jersey Devils, and Scott Cutler, President and CEO of StubHub, on StubHub placing its logo on the team's jerseys beginning in the 2017-18 season- the first team in the four major US sports to sell an ad on a Jersey.See omnystudio.com/listener for privacy information.

16 Maj 201611min

AMB's Cannon on Revenue Model for Mercedes-Benz Stadium (Audio)

AMB's Cannon on Revenue Model for Mercedes-Benz Stadium (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Steve Cannon, CEO of AMB Group and former CEO of Mercedes-Benz USA, on the new fan-focused Mercedes-Benz stadium in Atlanta-- and how they will be selling $2 soda and hot dogs.See omnystudio.com/listener for privacy information.

16 Maj 20168min

Bermuda Tourism's Hanbury on Boon of America's Cup 2017 (Audio)

Bermuda Tourism's Hanbury on Boon of America's Cup 2017 (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Bill Hanbury, CEO of the Bermuda Tourism Authority, on the health of the industry and what's driving tourism in Bermuda. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Maj 20168min

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