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

Intel surged in late trading after the chipmaker&rsquo;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:
<ul>
<li>Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research</li>
<li>Ed Ludlow, Bloomberg Tech co-host</li>
</ul>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Instant Reaction: Intel's Revenue Shatters Wall Street Estimates

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/45514a0c-6de2-4269-b3cd-b490015eddfe/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The Magnificent Seven group of megacap technology stocks is on track for its biggest one-day drop since the tariff tantrum in April 2025 due to results from Alphabet Inc. and Tesla Inc. The Bloomberg Magnificent 7 Index was down 4.8% midway through Thursday’s session, wiping out roughly $767 billion in market valuation, with declines led by Tesla and Alphabet. Investors are growing cautious about the massive sums that Big Tech firms are spending to build out their AI infrastructure, with the index now down 11% from a record hit in late May, erasing $2 trillion in market value.

On this episode, Carol Massar and Tim Stenovec speak with:
Ed Ludlow, Bloomberg Tech host
Tony Hemmlegarn, President of Digital Industries Software, Siemens AND Andrew Sek Hwan Hong, HD Hyundai USA on Siemens and HD Hyundai to establish digital shipyard to modernize US shipbuilding, strengthen maritime competitiveness
Nina Trentmann and Zach Wasserman, CFO, Huntington Bancshares on earnings this AM, regional banks in current rate environment
David Kocieniewski, Bloomberg News Senior Investigative Reporter on How Tether Benefited as Trump Insiders Shaped First US Crypto Law

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. The Magnificent Seven group of megacap technology stocks is on track for its biggest one-day drop since the tariff tantrum in April 2025 due to results from Alphabet Inc. and Tesla Inc. The Bloomberg Magnificent 7 Index was down 4.8% midway through Thursday&rsquo;s session, wiping out roughly $767 billion in market valuation, with declines led by Tesla and Alphabet. Investors are growing cautious about the massive sums that Big Tech firms are spending to build out their AI infrastructure, with the index now down 11% from a record hit in late May, erasing $2 trillion in market value. On this episode, Carol Massar and Tim Stenovec speak with:
<ul>
<li>Ed Ludlow, Bloomberg Tech host</li>
<li>Tony Hemmlegarn, President of Digital Industries Software, Siemens AND Andrew Sek Hwan Hong, HD Hyundai USA on Siemens and HD Hyundai to establish digital shipyard to modernize US shipbuilding, strengthen maritime competitiveness</li>
<li>Nina Trentmann and Zach Wasserman, CFO, Huntington Bancshares on earnings this AM, regional banks in current rate environment</li>
<li>David Kocieniewski, Bloomberg News Senior Investigative Reporter on How Tether Benefited as Trump Insiders Shaped First US Crypto Law</li>
</ul>

Magnificent 7 Lose $767 Billion as AI Skeptics Dump Tech Stocks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ff890942-4275-46b2-980c-b49001564d13/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Robinhood recently announced its expansion of crypto services into the UK and Canada, along with nine new products at The World is Flat event. One new feature is the Public Mainnet of Robinhood Chain. Built using the Arbitrum Platform to institutional standards and natively connected to Robinhood's onchain users, this Layer 2 blockchain provides a turnkey environment for builders.

For more, Carol Massar and Tim Stenovec speak with Johann Kerbrat, SVP & GM of Crypto, at Robinhood

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Robinhood recently announced its expansion of crypto services into the UK and Canada, along with nine new products at The World is Flat event. One new feature is the Public Mainnet of <a href="https://robinhood.com/us/en/chain/" data-destination="https://robinhood.com/us/en/chain/">Robinhood Chain</a>. Built using the Arbitrum Platform to institutional standards and natively connected to Robinhood's onchain users, this Layer 2 blockchain provides a turnkey environment for builders. For more, Carol Massar and Tim Stenovec speak with Johann Kerbrat, SVP &amp; GM of Crypto, at Robinhood

 Robinhood Chain Growth

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/205f23bc-6859-487e-899a-b48f014e1fdf/transcript

Listen for instant reaction and analysis of megacap tech earnings from Alphabet and Tesla.

Alphabet reported second-quarter cloud revenue that far surpassed Wall Street’s expectations and said the division’s backlog of contracted business ballooned to more than $500 billion, offering fresh evidence that the company’s massive AI investments are paying off. 

Meanwhile, Tesla missed Wall Street’s profit expectations even after a strong quarter of auto sales, a setback for the electric-vehicle maker as it looks to build out new lines of business in robotics, autonomy and AI.

To break down all of this, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Ed Ludlow, Bloomberg Tech co-host
Keith Naughton, Bloomberg News Auto Reporter
Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research

Listen for instant reaction and analysis of megacap tech earnings from Alphabet and Tesla. Alphabet reported second-quarter cloud revenue that far surpassed Wall Street&rsquo;s expectations and said the division&rsquo;s backlog of contracted business ballooned to more than $500 billion, offering fresh evidence that the company&rsquo;s massive AI investments are paying off. Meanwhile, Tesla missed Wall Street&rsquo;s profit expectations even after a strong quarter of auto sales, a setback for the electric-vehicle maker as it looks to build out new lines of business in robotics, autonomy and AI. To break down all of this, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
<ul>
<li>Ed Ludlow, Bloomberg Tech co-host</li>
<li>Keith Naughton, Bloomberg News Auto Reporter</li>
<li>Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research</li>
</ul>

Earnings Roundup: Alphabet Beats on Cloud Sales, Tesla's Profit Disappoints

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8fdcbfd6-36fc-4e6f-81bb-b48f01609df5/transcript

Instant Reaction: Intel's Revenue Shatters Wall Street Estimates

In 1 playlist(s)

Bloomberg Businessweek

Social links

Follow podcast

Recent clips