Meta Seizes Its Moment to Spend Aggressively in the AI Race

Meta Seizes Its Moment to Spend Aggressively in the AI Race

Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

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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Merlin's Obuchowski on AAPL: Not Impressed With Tim Cook(Audio)

Merlin's Obuchowski on AAPL: Not Impressed With Tim Cook(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Michael Obuchowski, Founder of Merlin Asset Management, on the markets, where he is finding value, and his views on the tech sector: he's not impressed with Tim Cook leading Apple.See omnystudio.com/listener for privacy information.

13 Maj 201611min

NPD's Cohen: Department Stores Must Change Their Game (Audio)

NPD's Cohen: Department Stores Must Change Their Game (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Marshall Cohen, Chief Retail Analyst at NPD Group, for analysis of retail sales numbers, and the recent disappointing earnings from the sector. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Maj 201611min

Nancy Gosling on Defending 'Dark & Stormy' Trademark (Audio)

Nancy Gosling on Defending 'Dark & Stormy' Trademark (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Nancy Gosling, President and CEO of Gosling's Group of Companies, and daughter Victoria Esposito, Marketing Manager at Gosling's, on their 200 year old family business, the rum industry, and trademarking the Dark and Stormy drink. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Maj 201611min

Bermuda Premier Dunkley: 'We Won't Let You Hide Things' (Audio)

Bermuda Premier Dunkley: 'We Won't Let You Hide Things' (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: The Honorable Michael Dunkley, Premier of Bermuda, on the local economy, business and tourism in Bermuda. He also weighs in on the Panama Papers, and how Bermuda has always enforced compliant and transparent business practices. Broadcasting live from Elbow Beach Bermuda.See omnystudio.com/listener for privacy information.

13 Maj 201611min

Saut Discusses Exercising Patience in Investing (Audio)

Saut Discusses Exercising Patience in Investing (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Jeffrey D Saut Mng Dir/Chief Investment Strategist Raymond James & Assoc Inc Jeffrey Saut, Chief Investment Strategist at Raymond James, on the US stock market and earnings.See omnystudio.com/listener for privacy information.

12 Maj 201611min

Novak on Culture of Recognition (Audio)

Novak on Culture of Recognition (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: David C Novak Chairman Yum Brands Inc David Novak, Former CEO of YUM! Brands, on his new role as founder of OGO (O Great One!), a brand dedicated to helping people through the power of recognition, and his new book.See omnystudio.com/listener for privacy information.

12 Maj 201611min

Teucrium's Gilbertie Sees Continued Strength in Corn (Audio)

Teucrium's Gilbertie Sees Continued Strength in Corn (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Sal Gilbertie, President and Founder of Teucrium Trading LLC—which trades corn, wheat, soybeans, sugar – on the jump in soybeans and corn prices, and an update on other agricultural commodities.See omnystudio.com/listener for privacy information.

12 Maj 201611min

GlobalReach's Mulhall on BOE, Sees Further GPB Strength (Audio)

GlobalReach's Mulhall on BOE, Sees Further GPB Strength (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Ciaran Mulhall, Chief Investment Officer at Dublin-based GlobalReach Securities Ltd., on the Bank of England’s rate decision and Brexit.See omnystudio.com/listener for privacy information.

12 Maj 20168min

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