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Bloomberg Talks

Fastenal CEO Dan Florness Talks Earnings

13 Oct 2025

Transcription

What is the main topic discussed in this episode?

0.031 - 18.756 Carol Masser

Hello and welcome. This is The Michelle Hussein Show. I'm Michelle Hussein. I speak with people like Elon Musk. I think I've done enough. And Shonda Rhimes. That's so cute. This will be a place where every weekend you can count on one essential conversation to help make sense of the world.

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19.257 - 27.267 Carol Masser

So please join me, listen and subscribe to The Michelle Hussein Show from Bloomberg Weekend, wherever you get your podcasts.

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27.367 - 29.43 Dan Florness

You certainly ask interesting questions.

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32.903 - 37.918 Unknown

Bloomberg Audio Studios. Podcasts. Radio. News.

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38.253 - 59.615 Bailey Lipshultz

Well, big AI is a big market story as well today. Once again, driving the trade, pushing semi as a group, semiconductors that is, hired today led by Broadcom, whose stock jumped after OpenAI agreed to buy the company's custom chips and networking equipment in a multi-year deal, part of an ambitious plan by the startup to add AI infrastructure. So we wanted to just dig a little bit deeper into it.

59.695 - 64.88 Bailey Lipshultz

Amy talked about it. We certainly are seeing it playing out in the market. Got a great voice though, Bailey, to walk us through it.

64.96 - 66.982 Unknown

One of my favorite people, I will say.

67.002 - 71.026 Bailey Lipshultz

Bailey must have said- Mandeep's name about five times on the call this morning.

71.046 - 79.854 Unknown

Immediately. It was like, we need to get him in the studio. So perfect timing. And that's why we're joined now by Bloomberg Intelligence Global Head of Technology Research Mandeep Singh here in the studio.

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