Bloomberg Talks

Intel surged in late trading after the chipmaker’s revenue forecast shattered estimates, indicating that booming data center spending is helping fuel a long-awaited turnaround. Sales will be $15.8 billion to $16.8 billion in the third quarter, the company said Thursday in a statement. Even the low end of that range would easily clear the $15.1 billion average analyst estimate.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research
Ed Ludlow, Bloomberg Tech co-host
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IBM Chairman and CEO Arvind Krishna says that the recent slowdown in infrastructure deals was driven by a temporary reprioritization of customer capital spending rather than weakening demand. Speaking to Ed Ludlow and Romaine Bostick on Bloomberg Tech, Krishna says that about one-third of delayed products have already resumed.
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House Financial Services Chair Rep. French Hill joins Bloomberg to discuss the House backing Trump's Iran War budget despite midterm fears. He says Sen. Thune has many options in his arsenal to try and pass the budget. He also adds that no one wants high gas prices.
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BNP Paribas CFO Lars Machenil speaks with Bloomberg TV's Guy Johnson and Anna Edwards as the bank reported better-than-expected revenue and profit for the second quarter. "If you look at the cost of risk in our divisions, it is basically stable," he says. "What is that additional basis point coming from? It's because we took a prudent stand saying there is some geopolitical uncertainty and that allows us to take a generic provision for that uncertainty," Machenil adds.
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Blackstone President and COO Jon Gray says that the power of AI is being underestimated and that AI is creating new revenue streams while speaking with Bloomberg News' Dani Burger. The interview comes as Blackstone reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.
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