Tim Stenovec
๐ค SpeakerAppearances Over Time
Podcast Appearances
This is Bloomberg.
This is Bloomberg Tech.
Coming up, talks continue to try and end the U.S.
government shutdown, sending airline stocks rallying.
We'll discuss how AI could play a role in the future of travel.
Plus, tech and media earnings continue with Corweave and Paramount on the docket after the closing bell.
And we'll speak with Matt Mahan, mayor of San Jose, about the city's growing AI infrastructure and its latest data center initiative.
First, though, a check on the markets.
Starting with the bigger picture, and look at that, we are seeing the Nasdaq 100 surge, along with other major indices.
This as the U.S.
Senate advances a plan to end the longest ever government shutdown.
The risk-on bid lifting tech shares, really driving the rally in equities after the tech sector had been hit the hardest in recent days.
Also coming up, we're going to discuss what to expect from tech and media earnings throughout the hour.
CoreWeave's results are expected to raise issues about AI spending.
After last week's sell-off, CoreWeave up 1.2% right now, this after a week, where it was down 22%.
This is also on the heels of other spending by tech companies like Meta and Microsoft.
Also, Paramount Skydance down about 3 tenths of 1% ahead of earnings.
They're expected to report higher revenue and profit.
Investors also are going to be on the watch for more details on the company's reported effort to buy Warner Brothers Discovery, spending a lot of money too.
buying up those rights to UFC and that big deal with the Duffer brothers.