Bloomberg Talks

Western Digital (WD) says the AI infrastructure buildout is creating sustained demand for data storage, even as investors reacted to a softer near-term outlook. CEO Irving Tan joins Bloomberg to explain why hyperscaler demand remains strong and how the company is increasing hard drive capacity. He says long-term supply agreements suggest AI's storage needs will continue to grow well into the next decade. He joins Ed Ludlow on "Bloomberg Tech."
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Smashburger CEO Jim Sullivan explains why the restaurant chain is doubling down on franchising. Speaking on "Bloomberg Open Interest," Sullivan also comments on the recent outbreak of cyclosporiasis and the company's pricing strategy.
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Krispy Kreme narrowed its loss and expanded margins during its latest quarter, as the doughnut chain continued to make progress with its turnaround plan. They reiterated its forecast for systemwide sales growth of 2% to 4% in constant currency this year, as well as its outlook for revenue and adjusted Ebitda. For more, Josh speaks with Bloomberg's Dani Burger and Michael McKee.
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Former Virginia Governor Glenn Youngkin says he does not anticipate being on a presidential debate stage in 2028, while stopping short of definitively ruling out a campaign. Youngkin also says communities should have the final say on data center development and that developers must address concerns about power, water and infrastructure. He also discusses his new initiative promoting a federal scholarship tax credit. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power."
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Uber Technologies Inc. shares slid by the most in six months after the company issued a bookings outlook that just met analyst estimates, compounding concerns from investors about the company’s ability to evolve in the robotaxi era. Total gross bookings — a key metric that includes ride hails, delivery orders and driver and merchant earnings but not tips — will be $58.25 billion to $60.25 billion for the quarter ending in September, the company said Wednesday. For more, Uber CEO Dara Khosrowshahi spoke with Bloomberg Tech host Ed Ludlow.
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