Meta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street’s expectations, once again raising questions about whether its futuristic tech bets will pay off for investors. 

Bloomberg Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg News contributor Jon Erlichman and Bloomberg Intelligence senior analyst Mandeep Singh for instant analysis and reaction.  

Meta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street’s expectations, once again raising questions about whether its futuristic tech bets will pay off for investors. 
Bloomberg Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg News contributor Jon Erlichman and Bloomberg Intelligence senior analyst Mandeep Singh for instant analysis and reaction.

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  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 bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <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: Meta's Outlook Spooks Investors

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d22f7a81-d51c-4d0e-ba38-b15c01565fbb/transcript

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

A constellation of artificial-intelligence stocks dropped after OpenAI reportedly failed to meet its sales and user targets, rekindling doubts that the hundreds of billions of dollars that big companies are plowing into the technology will deliver sufficient profits anytime soon.

The report dragged down the stocks of companies that have cut investment and business deals with OpenAI, which helped unleash the stock-market’s AI boom after the release of ChatGPT more than three years ago.

The reported miss by OpenAI revived worries that have shadowed the stock market periodically for months as technology giants like Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Alphabet Inc. invest heavily in AI and stocks have rallied on the back of it.
Today's show features:
Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research
Sarah Frier, Bloomberg News Big Tech Team Leader
Rachel Metz, Bloomberg News AI Reporter
Mitch Berlin, EY Americas Vice Chair, EY-Parthenon on state of the C-suite amid geopolitical uncertainty and questions about AI

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. 
A constellation of artificial-intelligence stocks dropped after OpenAI reportedly failed to meet its sales and user targets, rekindling doubts that the hundreds of billions of dollars that big companies are plowing into the technology will deliver sufficient profits anytime soon.
The report dragged down the stocks of companies that have cut investment and business deals with OpenAI, which helped unleash the stock-market&rsquo;s AI boom after the release of ChatGPT more than three years ago.
The reported miss by OpenAI revived worries that have shadowed the stock market periodically for months as technology giants like Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Alphabet Inc. invest heavily in AI and stocks have rallied on the back of it. Today's show features:
<ul>
<li>Mandeep Singh, Bloomberg Intelligence Global Head of Technology Research</li>
<li>Sarah Frier, Bloomberg News Big Tech Team Leader</li>
<li>Rachel Metz, Bloomberg News AI Reporter</li>
<li>Mitch Berlin, EY Americas Vice Chair, EY-Parthenon on state of the C-suite amid geopolitical uncertainty and questions about AI</li>
</ul>

OpenAI-Linked Stocks Slip; Investors Focus on AI Ahead of Big Tech Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e76ceab3-cada-451f-8c98-b43a015e37bd/transcript

Opici Wines & Spirits Opici Wines & Spirits is a fourth-generation importer and producer with family roots in the wine business dating back to 1913. Led by Don Opici as CEO, the company features a growing portfolio of over 50 brands from around the world. The philosophy behind the Opici name remains the same today as it was over 100 years ago: a commitment to excellence, quality, and building meaningful relationships with customers, suppliers, and employees.

Chris Wirth is the Director of Sustainability at Opici Wines & Spirits. He discusses the different ways wineries can be considered Sustainable and the inventive things that wineries are doing to become more environmentally friendly.

Opici Wines &amp; Spirits Opici Wines &amp; Spirits is a fourth-generation importer and producer with family roots in the wine business dating back to 1913. Led by Don Opici as CEO, the company features a growing portfolio of over 50 brands from around the world. The philosophy behind the Opici name remains the same today as it was over 100 years ago: a commitment to excellence, quality, and building meaningful relationships with customers, suppliers, and employees. Chris Wirth is the Director of Sustainability at Opici Wines &amp; Spirits. He discusses the different ways wineries can be considered Sustainable and the inventive things that wineries are doing to become more environmentally friendly.

Environmentally Sustainable Wines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/68a1370f-7669-4b93-9ad4-b4390113838b/transcript

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

A California man has been charged with trying to kill US President Donald Trump during an attack on a Washington gala dinner over the weekend.Cole Tomas Allen, 31, made his first appearance in federal court on Monday. He is also being charged with gun offenses.

Allen will remain in custody for now. A detention hearing is set for later this week.Allen was wrested to the ground outside of the ballroom at the Washington Hilton where the White House Correspondents’ Association annual dinner was taking place Saturday evening.
Administration officials have said Allen was trying to storm the event to target top US officials, including President Donald Trump, who was attending the event. Trump and Vice President JD Vance were evacuated.

Allen’s exact targets and motives weren’t clear, although he did send a lengthy manifesto to family members that was seen by Bloomberg where he appeared to blast Trump as a “traitor” who committed crimes.

Today's show features:
Myles Miller, Bloomberg News Senior National Reporter
Angela Stent, Senior Fellow at the American Enterprise Institute
Thomas Black, Bloomberg Opinion Columnist on US Airlines Tie Up
Stuart Paul, Bloomberg Economics US and Canada Economist on FOMC Preview

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>. A California man has been charged with trying to kill US President Donald Trump during an attack on a Washington gala dinner over the weekend.Cole Tomas Allen, 31, made his first appearance in federal court on Monday. He is also being charged with gun offenses. Allen will remain in custody for now. A detention hearing is set for later this week.Allen was wrested to the ground outside of the ballroom at the Washington Hilton where the White House Correspondents&rsquo; Association annual dinner was taking place Saturday evening. Administration officials have said Allen was trying to storm the event to target top US officials, including President Donald Trump, who was attending the event. Trump and Vice President JD Vance were evacuated. Allen&rsquo;s exact targets and motives weren&rsquo;t clear, although he did send a lengthy manifesto to family members that was seen by Bloomberg where he appeared to blast Trump as a &ldquo;traitor&rdquo; who committed crimes. Today's show features:
<ul>
<li>Myles Miller, Bloomberg News Senior National Reporter</li>
<li>Angela Stent, Senior Fellow at the American Enterprise Institute</li>
<li>Thomas Black, Bloomberg Opinion Columnist on US Airlines Tie Up</li>
<li>Stuart Paul, Bloomberg Economics US and Canada Economist on FOMC Preview</li>
</ul>

Gala Shooting Suspect Charged With Trying to Assassinate Trump

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/18cba9e8-a25f-46b2-9fec-b43901486a7a/transcript

Instant Reaction: Meta's Outlook Spooks Investors

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