Amazon's cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects. The shares rose in extended trading.

Bloomberg TV and Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg Intelligence Senior Analyst for E-Commerce Poonam Goyal and Bloomberg Intelligence Senior Technology Analyst Anurag Rana for instant reaction and analysis.  

Amazon's cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects. The shares rose in extended trading.
Bloomberg TV and Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg Intelligence Senior Analyst for E-Commerce Poonam Goyal and Bloomberg Intelligence Senior Technology Analyst Anurag Rana for instant reaction and analysis.

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

Instant Reaction: Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

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Bloomberg Intelligence hosted by Scarlet Fu and John Tucker

-Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses earnings from Dick’s Sporting Goods. Dick’s Sporting Goods Inc. sank the most on record after the Foot Locker chain it acquired last year continued to struggle, raising doubts about the broader sneaker market. The company now expects net sales to be in a range of $21.9 billion to $22.2 billion in the current fiscal year, down from its previous forecast, driven by a drop in sales at Foot Locker.

-Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses United Airlines expanding its long-haul network. United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan.

-Erin Hudson, Bloomberg Municipal Bond Reporter, discusses how private schools in the US are increasing financial aid and advertising discounts to attract students, as soaring tuition and a declining population of school-age children intensify competition. Some schools, such as Brearley and Deerfield Academy, are offering free tuition to families earning under certain income thresholds, and using sliding scales to determine tuition for higher-earning families.

-Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses IPOs. Fresh signs of European stock exchanges losing out to the US in attracting key IPOs have emerged this week, despite bourses and governments intensifying their efforts to win and retain listings. More money has been raised in the US so far this year in IPOs by sizeable European companies than on their home exchanges, according to data compiled by Bloomberg.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence hosted by Scarlet Fu and John Tucker -Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses earnings from Dick&rsquo;s Sporting Goods. Dick&rsquo;s Sporting Goods Inc. sank the most on record after the Foot Locker chain it acquired last year continued to struggle, raising doubts about the broader sneaker market. The company now expects net sales to be in a range of $21.9 billion to $22.2 billion in the current fiscal year, down from its previous forecast, driven by a drop in sales at Foot Locker. -Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses United Airlines expanding its long-haul network. United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan. -Erin Hudson, Bloomberg Municipal Bond Reporter, discusses how private schools in the US are increasing financial aid and advertising discounts to attract students, as soaring tuition and a declining population of school-age children intensify competition. Some schools, such as Brearley and Deerfield Academy, are offering free tuition to families earning under certain income thresholds, and using sliding scales to determine tuition for higher-earning families. -Bailey Lipschultz, Bloomberg News Senior Equities Reporter, discusses IPOs. Fresh signs of European stock exchanges losing out to the US in attracting key IPOs have emerged this week, despite bourses and governments intensifying their efforts to win and retain listings. More money has been raised in the US so far this year in IPOs by sizeable European companies than on their home exchanges, according to data compiled by Bloomberg.

Dick’s Falls Most Ever With Chairman Saying More Pain to Come

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Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu 

-Ed Ludlow, Bloomberg Tech Anchor, discusses top tech stories. Alibaba Group Holding Ltd. raised HK$80 billion in Hong Kong’s biggest follow-on offering to take the lead in global artificial intelligence. SoftBank Group Corp. plans a record ¥1 trillion retail bond sale to raise funds for its investment commitments to OpenAI. Tesla Inc. and at least eight other automakers are recalling millions of cars in China over safety concerns with their door handles, which have led to vehicle entrapment and multiple fatalities.

-Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, discusses the PC market. According to Bloomberg Intelligence: Dell, Lenovo and Apple's supply-chain scale and product breadth position them to defend or gain share in a sustained PC downturn.

-Beth Kowitt, Bloomberg Opinion Columnist, discusses her column: “LinkedIn Users are Rewriting the Past to Land Jobs.” Researchers at Stanford University and Revelio Labs found that nearly 20% of established US LinkedIn users edited the descriptions or titles of jobs they had left years earlier, with tech workers doing so at a rate of nearly one in three. These changes, dubbed "time travel," aren't made while memories are still fresh, but instead reflect a change in personal branding, with the median time-travel edit occurring more than four years after the user left the role.

-Paige Smith, Bloomberg Consumer Finance Reporter, discusses the Bloomberg Big Take story: “Trump’s Family Joins the Sprint to Get a National Bank Charter.” Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. The Office of the Comptroller of the Currency has approved 22 bank charter applications in the first 19 months of the president's second term, with many going to fintech and digital-asset firms.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Ed Ludlow, Bloomberg Tech Anchor, discusses top tech stories. Alibaba Group Holding Ltd. raised HK$80 billion in Hong Kong&rsquo;s biggest follow-on offering to take the lead in global artificial intelligence. SoftBank Group Corp. plans a record &yen;1 trillion retail bond sale to raise funds for its investment commitments to OpenAI. Tesla Inc. and at least eight other automakers are recalling millions of cars in China over safety concerns with their door handles, which have led to vehicle entrapment and multiple fatalities. -Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst, discusses the PC market. According to Bloomberg Intelligence: Dell, Lenovo and Apple's supply-chain scale and product breadth position them to defend or gain share in a sustained PC downturn. -Beth Kowitt, Bloomberg Opinion Columnist, discusses her column: &ldquo;LinkedIn Users are Rewriting the Past to Land Jobs.&rdquo; Researchers at Stanford University and Revelio Labs found that nearly 20% of established US LinkedIn users edited the descriptions or titles of jobs they had left years earlier, with tech workers doing so at a rate of nearly one in three. These changes, dubbed "time travel," aren't made while memories are still fresh, but instead reflect a change in personal branding, with the median time-travel edit occurring more than four years after the user left the role. -Paige Smith, Bloomberg Consumer Finance Reporter, discusses the Bloomberg Big Take story: &ldquo;Trump&rsquo;s Family Joins the Sprint to Get a National Bank Charter.&rdquo; Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. The Office of the Comptroller of the Currency has approved 22 bank charter applications in the first 19 months of the president's second term, with many going to fintech and digital-asset firms.

Alibaba Raises $10 Billion in Record Hong Kong Share Sale

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

Bloomberg Intelligence hosted by Scarlet Fu and Ira Jersey

- Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence, discusses top tech stories. Broadcom is in talks with lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic PBC and other companies. The financing may include a roughly $30 billion junior debt tranche and a senior-secured tranche that could range from about $60 billion to $70 billion. Mandeep looks ahead to Nvidia earnings.

-Anthony Hughes, Bloomberg US Equity Capital Markets Reporter, discusses Anthropic’s upcoming IPO. Anthropic PBC expects to match or beat the size of SpaceX’s record-setting initial public offering, according to people familiar with the matter. The company is running the numbers as it prepares to file publicly for its potential mega-IPO as soon as the end of this month, with discussions ongoing and details subject to change.

- Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst at Bloomberg Intelligence, discusses broader consumer reads. Walmart Inc.’s quarterly sales fell short of expectations, with sales at US stores open at least a year, excluding fuel, rising 2.6% in the second quarter. Target Corp. lifted its full-year guidance after results outpaced estimates in the latest quarter, suggesting the big-box retailer may be moving past a lengthy sales slump.

-Randall Williams, Bloomberg Business of Sports Reporter, discusses top business sports stories. Short interest in the Atlanta Braves' class C stock has tripled over the last 12 months to as high as 6.8% of shares that are available to be traded.  The Atlanta Falcons are in discussions to sell a 10% stake in the National Football League franchise to KKR & Co.’s Arctos Partners, according to people familiar with the matter. 

 

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence hosted by Scarlet Fu and Ira Jersey - Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence, discusses top tech stories. Broadcom is in talks with lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic PBC and other companies. The financing may include a roughly $30 billion junior debt tranche and a senior-secured tranche that could range from about $60 billion to $70 billion. Mandeep looks ahead to Nvidia earnings. -Anthony Hughes, Bloomberg US Equity Capital Markets Reporter, discusses Anthropic&rsquo;s upcoming IPO. Anthropic PBC expects to match or beat the size of SpaceX&rsquo;s record-setting initial public offering, according to people familiar with the matter. The company is running the numbers as it prepares to file publicly for its potential mega-IPO as soon as the end of this month, with discussions ongoing and details subject to change. - Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst at Bloomberg Intelligence, discusses broader consumer reads. Walmart Inc.&rsquo;s quarterly sales fell short of expectations, with sales at US stores open at least a year, excluding fuel, rising 2.6% in the second quarter. Target Corp. lifted its full-year guidance after results outpaced estimates in the latest quarter, suggesting the big-box retailer may be moving past a lengthy sales slump. -Randall Williams, Bloomberg Business of Sports Reporter, discusses top business sports stories. Short interest in the Atlanta Braves' class C stock has tripled over the last 12 months to as high as 6.8% of shares that are available to be traded. &nbsp;The&nbsp;Atlanta Falcons&nbsp;are in discussions to sell a 10% stake in the National Football League franchise to&nbsp;KKR &amp; Co.&rsquo;s Arctos Partners, according to people familiar with the matter.&nbsp;
&nbsp;

Broadcom Seeks More Than $60 Billion in Latest  AI Debt Deal 

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Instant Reaction: Amazon Reports Strong Cloud Unit Sales on Rising AI Demand

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