(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.

GUEST:
Jason Reid, CEO and Co-Founder of Giftagram-- a mobile app that sends gifts using only an email address or phone number--discusses outlook for Father's Day sales, the latest round of funding, and plans for growth.

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.

GUEST:
Jason Reid, CEO and Co-Founder of Giftagram-- a mobile app that sends gifts using only an email address or phone number--discusses outlook for Father's Day sales, the latest round of funding, and plans for growth.

Listen for investment news and in-depth company research. 

Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: http://bit.ly/3vTiACF.

Listen for investment news and in-depth company research. Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze markets, companies and industries.

Bloomberg Intelligence

Giftagram’s Reid on Father’s Day Outlook, Funding Round (Audio)

Giftagram's Reid on Father's Day Outlook, Funding Round (Audio)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6214a340-c362-4130-90e3-ae3c00a2efad/transcript

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Market news and in-depth company research.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

- Ed Ludlow, BTech Co-Anchor, discusses news that Meta Platforms will pay as much as $27 billion over the next five years for access to artificial intelligence infrastructure from cloud provider Nebius Group as it spends aggressively to compete with the industry’s top frontier models. Nebius will provide Meta $12 billion of dedicated capacity starting in early 2027, and Meta also committed to buying as much as $15 billion in additional capacity.

-Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses how Dollar Tree’s strategy to introduce higher-priced items is helping it increase sales, especially with wealthier shoppers. The company is shifting merchandise in stores to sell more goods in a range of $3 to $5, including toys and party supplies that boosted results last quarter.

-Michelle Korsmo, CEO of National Restaurant Association, discusses restaurant industry headwinds. In 2026, the National Restaurant Association is looking to support owners and operators as they manage pressure and identify practical paths forward. Michelle can speak to what’s in store for the industry, discussing the challenges and opportunities operators face in building their workforce, navigating inflation, and increasing margins. Michelle also focuses on policy priorities for the Association this year, including the need for immigration reform, USMCA trade extension and tariff exemptions, and credit card swipe fee reform.

Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Market news and in-depth company research. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu - Ed Ludlow, BTech Co-Anchor, discusses news that Meta Platforms will pay as much as $27 billion over the next five years for access to artificial intelligence infrastructure from cloud provider&nbsp;Nebius Group&nbsp;as it spends aggressively to compete with the industry&rsquo;s top frontier models. Nebius will provide Meta $12 billion of dedicated capacity starting in early 2027, and Meta also committed to buying as much as $15 billion in additional capacity. -Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples &amp; Packaged Food, discusses how Dollar Tree&rsquo;s strategy to introduce higher-priced items is helping it increase sales, especially with wealthier shoppers. The company is shifting merchandise in stores to sell more goods in a range of $3 to $5, including toys and party supplies that boosted results last quarter. -Michelle Korsmo, CEO of National Restaurant Association, discusses restaurant industry headwinds.&nbsp;In 2026, the National Restaurant Association is looking to support owners and operators as they manage pressure and identify practical paths forward. Michelle can speak to what&rsquo;s in store for the industry, discussing the challenges and opportunities operators face in building their workforce, navigating inflation, and increasing margins. Michelle also focuses on policy priorities for the Association this year, including the need for immigration reform, USMCA trade extension and tariff exemptions, and credit card swipe fee reform.

Meta to Spend Up to $27 Billion on Nebius AI Infrastructure 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bd1e47cd-afed-429d-9a95-b40f011244bc/transcript

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Market news and in-depth company research.

Bloomberg Intelligence hosted by Alexis Christoforous and Isabelle Lee

- Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Adobe earnings. Adobe Chief Executive Officer Shantanu Narayen will resign from his position atop the creative software giant amid deep skepticism about the company’s ability to thrive in the AI era.

-Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, recaps Lennar earnings. Lennar forecasted home orders for the fiscal second quarter that fell short of analyst estimates, signaling that pain from declining home builder sentiment, high prices and economic uncertainty is far from over.

-Geoff Freeman, CEO of the U.S. Travel Association, discusses the economic impact of TSA disruptions on the broader travel industry and U.S. economy. Several major airports are seeing long security lines and delays. These disruptions show how quickly operational challenges at checkpoints can ripple across the aviation system, affecting flights, connections, and airport operations nationwide.

Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Market news and in-depth company research. Bloomberg Intelligence hosted by Alexis Christoforous and Isabelle Lee - Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Adobe earnings. Adobe Chief Executive Officer&nbsp;Shantanu Narayen&nbsp;will resign from his position atop the creative software giant amid deep skepticism about the company&rsquo;s ability to thrive in the AI era. -Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, recaps Lennar earnings. Lennar forecasted home orders for the fiscal second quarter that fell short of analyst estimates, signaling that pain from declining home builder sentiment, high prices and economic uncertainty is far from over. -Geoff Freeman, CEO of the U.S. Travel Association, discusses the economic impact of TSA disruptions on the broader travel industry and U.S. economy. Several major airports are seeing long security lines and delays. These disruptions show how quickly operational challenges at checkpoints can ripple across the aviation system, affecting flights, connections, and airport operations nationwide.

Adobe CEO to Step Down in Face of Investor Concerns Over AI 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c56f0ff5-2f5e-43a3-8357-b40c01117e83/transcript

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Market news and in-depth company research.

Bloomberg Intelligence hosted by Alexis Christoforous and Alexandra Semenova

-Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses earnings from Dick's Sporting Goods. Dick’s Sporting Goods Inc. forecast full-year sales growth across its namesake stores and the Foot Locker chain, a sign that the company’s efforts to turn around its new acquisition are making progress.

-Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Dollar General earnings. Dollar General forecast sales in-line with analyst estimates, slowing momentum for a company that had routinely been exceeding Wall Street expectations.  

-Bailey Lipschultz, Bloomberg News Senior Equities Reporter, on Bloomberg Big Take story: "SpaceX IPO Lures Investors Into Murky Private Deals.” 
Financial elites are seeking access to special purpose vehicles to invest in private shares of companies like SpaceX and OpenAI, which could lead to significant returns if the companies go public.

 

Watch Scarlet and Paul LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Market news and in-depth company research. Bloomberg Intelligence hosted by Alexis Christoforous and Alexandra Semenova -Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses earnings from Dick's Sporting Goods. Dick&rsquo;s Sporting Goods Inc.&nbsp;forecast full-year sales growth across its namesake stores and the Foot Locker chain, a sign that the company&rsquo;s efforts to turn around its new acquisition are making progress. -Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples &amp; Packaged Food, discusses Dollar General earnings. Dollar General forecast sales in-line with analyst estimates, slowing momentum for a company that had routinely been exceeding Wall Street expectations.&nbsp; -Bailey Lipschultz, Bloomberg News Senior Equities Reporter, on Bloomberg Big Take story: "SpaceX IPO Lures Investors Into Murky Private Deals.&rdquo; Financial elites are seeking access to special purpose vehicles to invest in private shares of companies like SpaceX and OpenAI, which could lead to significant returns if the companies go public.
&nbsp;

Dick’s Projects Sales Growth at Namesake Stores, Foot Locker 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/18ff3875-1f6b-45b0-a217-b40b01186048/transcript

Giftagram's Reid on Father's Day Outlook, Funding Round (Audio)

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