Charlie Pellett
👤 SpeakerAppearances Over Time
Podcast Appearances
Heavy capital spending by many of the world's biggest tech companies, including Amazon, Alphabet's Google, MetaPlatforms, and Microsoft, has alarmed investors in recent sessions in the wake of earnings reports.
Charlie Pellett, Bloomberg Radio.
NBC anchors and executives are covering major sporting events, including the Super Bowl, NBA All-Star Game, and Winter Olympics as part of what they're calling Legendary February.
NBC has sold out of its ad inventory for the three events, with the Super Bowl reaching a record price of $10 million.
Charlie Pellett, Bloomberg Radio.
NVIDIA is facing concerns that customers are overspending on data centers.
He told CNBC that the build-out of artificial intelligence infrastructure will continue for seven to eight years, saying that demand for AI is, quote, just incredibly high.
Heavy capital spending by many of the world's biggest tech companies, including Amazon, Alphabet's Google, Meta Platforms, and Microsoft, has alarmed investors in recent sessions in the wake of earnings reports.
Charlie Pellett, Bloomberg Radio.
NBC anchors and executives are covering major sporting events, including the Super Bowl, NBA All-Star Game, and Winter Olympics as part of what they're calling Legendary February.
NBC has sold out of its ad inventory for the three events, with the Super Bowl reaching a record price of $10 million.
Charlie Pellett, Bloomberg Radio.
First close ever for the Dow Jones Industrial Average above 50,000.
It was the biggest advance for the S&P 500 index since May, but on the week, the S&P dropped one-tenth of one percent.
A renewed wave of dip buying lifted stocks in the wake of a tech route Thursday fueled by worries over the billions of dollars those firms are throwing at artificial intelligence development.
Bitcoin rebounded, gold and silver jumped after Thursday's decline.
On the week, Dow Industrials up 2.5%, NASDAQ down for a fourth week, down 1.8% in New York.
Charlie Pellett, Bloomberg Radio.
First close ever for the Dow Jones Industrial Average above 50,000.
It was the biggest advance for the S&P 500 index since May, but on the week, the S&P dropped one-tenth of one percent.