Meta Platforms has made at $14.3 billion investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts. That investment represents at 49% stake in Scale AI and a 3x premium to recent industry deals.  

For more on the deal, Paul Sweeney and Alix Steel speak with Bloomberg Intelligence Senior Analyst Mandeep Singh.

Meta Platforms has made at $14.3 billion investment in Scale AI and recruited the startup&rsquo;s chief executive officer to join its artificial intelligence efforts. That investment represents at 49% stake in Scale AI and a 3x premium to recent industry deals.&nbsp;&nbsp; For more on the deal, Paul Sweeney and Alix Steel speak with Bloomberg Intelligence Senior Analyst Mandeep Singh.

Listen for Short conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for Short conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Listen for short conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for short conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Deep Dive: Meta Pays Up For Scale AI

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e00acff0-a91a-4411-a5d1-b300010789a8/transcript

Today's biggest winners and losers in the stock market. 

On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners:

- Meta (META) rallied on the week after unveiling a palm-sized, dedicated gadget for using Muse, the company’s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement. 

- Gen Digital (GEN) shares dropped as much as 25%, their worst weekly drop since 2020, after reporting an offer to take over the web domain provider GoDaddy, aiming to widen its business beyond cyber security and privacy technology.

- Moderna (MRNA) surged 29% after confirming additional data on personalized cancer vaccine.

Today's biggest winners and losers in the stock market.&nbsp;
On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners:
- Meta (META) rallied on the week after unveiling a palm-sized, dedicated gadget for using Muse, the company&rsquo;s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement.&nbsp;
- Gen Digital (GEN) shares dropped as much as 25%, their worst weekly drop since 2020, after reporting an offer to take over the web domain provider GoDaddy, aiming to widen its business beyond cyber security and privacy technology.
- Moderna (MRNA) surged 29% after confirming additional data on personalized cancer vaccine.

Weekly Roundup: Meta's AI-Driven Rally, Gen Digital Drops, Moderna Surges

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/41523864-44a4-4287-908c-b4d00160736a/transcript

Today's biggest winners and losers in the stock market. 

On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec. 

- Anthropic has signed an $11.6 billion, seven-year contract with Akamai Technologies (AKAM) for computing power, adding to the AI developer’s growing list of data center deals. Akamai will supply Anthropic access to central processing units, or CPUs, and has issued a warrant that gives Anthropic the right to buy Series B shares that converts into common stock. The contract represents the largest deal in Akamai’s history, with the company estimating that its capital spending tied to the agreement will total about $5.5 billion, and expects revenue from the Anthropic business to total about $150 million to $300 million next year.

- Microsoft (MSFT) shares jump as much as 3.9%, the most intraday since early August, after the technology giant merged the consumer and workplace versions of its Copilot artificial intelligence assistant. The company is merging the consumer and workplace versions of its Copilot AI assistant into one product aimed at corporate customers. The updated software gives users the ability to edit Word or Excel documents within a Copilot app or browser tab and includes a coding assistant to enable regular users to put together dashboards or automate tasks. Microsoft's retreat from the personal chatbot market coincides with the arrival of Meta's Muse, a personal assistant that can act on users' behalf and has raced to the top of the app download charts.

- Meta (META) saw it shares decline despite a week that saw its shares rally on enthusiasm over its new AI initiatives. It unveiled a palm-sized, dedicated gadget for using Muse, the company’s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement.

Today's biggest winners and losers in the stock market.&nbsp;
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Isabelle Lee, Carol Massar and Tim Stenovec.&nbsp;
- Anthropic has signed an $11.6 billion, seven-year contract with Akamai Technologies (AKAM) for computing power, adding to the AI developer&rsquo;s growing list of data center deals. Akamai will supply Anthropic access to central processing units, or CPUs, and has issued a warrant that gives Anthropic the right to buy Series B shares that converts into common stock. The contract represents the largest deal in Akamai&rsquo;s history, with the company estimating that its capital spending tied to the agreement will total about $5.5 billion, and expects revenue from the Anthropic business to total about $150 million to $300 million next year.
- Microsoft (MSFT) shares jump as much as 3.9%, the most intraday since early August, after the technology giant merged the consumer and workplace versions of its Copilot artificial intelligence assistant. The company is merging the consumer and workplace versions of its Copilot AI assistant into one product aimed at corporate customers. The updated software gives users the ability to edit Word or Excel documents within a Copilot app or browser tab and includes a coding assistant to enable regular users to put together dashboards or automate tasks. Microsoft's retreat from the personal chatbot market coincides with the arrival of Meta's Muse, a personal assistant that can act on users' behalf and has raced to the top of the app download charts.
- Meta (META) saw it shares decline despite a week that saw its shares rally on enthusiasm over its new AI initiatives. It unveiled a palm-sized, dedicated gadget for using Muse, the company&rsquo;s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement.

Closing Bell: Akamai-Anthropic Contract, Microsoft Jumps, Meta's New AI Agent

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7f2a7ee6-2392-4d54-9f78-b4d00155ce18/transcript

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
Akamai (AKAM) shares climbed as much as 16%, the biggest intraday gain since May 8 on news that signed an $11.6 billion, seven-year contract with it for computing power, adding to the AI developer’s growing list of data center deals. 
Twilio (TWLO) shares are trading lower as HSBC downgrades the communications software company to reduce from hold, seeing “limited evidence that Twilio will capture higher-margin AI software” revenue.
McDonald's (MCD) shares are falling after executives at the fast-food chain said during it’s investor event that US sales would be “slightly negative” in the third quarter, after slower-than-expected growth in the previous one.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
<ul>
<li>Akamai (AKAM) shares climbed as much as 16%, the biggest intraday gain since May 8 on news that signed an $11.6 billion, seven-year contract with it for computing power, adding to the AI developer&rsquo;s growing list of data center deals.&nbsp;</li>
<li>Twilio (TWLO) shares are trading lower as HSBC downgrades the communications software company to reduce from hold, seeing &ldquo;limited evidence that Twilio will capture higher-margin AI software&rdquo; revenue.</li>
<li>McDonald's (MCD) shares are falling after executives at the fast-food chain said during it&rsquo;s investor event that US sales would be &ldquo;slightly negative&rdquo; in the third quarter, after slower-than-expected growth in the previous one.</li>
</ul>

Akamai Rallies on Anthropic Deal, Twilio Slips, McDonald's Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/68e54af5-f92b-4026-b009-b4d001409575/transcript

Deep Dive: Meta Pays Up For Scale AI

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