Bloomberg Talks

Four of the biggest companies in the US: Alphabet, Amazon, Meta and Microsoft all reported earnings after the bell.

- Meta Platforms shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it’s making to build artificial intelligence models won’t pay off.

- Microsoft's cloud business reported growth that narrowly beat analysts’ estimates, disappointing investors concerned that the company isn’t fully capitalizing on demand for AI services.

- Amazon spent more than anticipated to expand data center capacity in the quarter, fueling the fastest sales growth for its cloud unit in more than three years.

- Alphabet (GOOGL) reported quarterly revenue and profit that beat projections, fueled by strong growth in its cloud computing unit, signaling that the internet giant’s unprecedented investments in AI infrastructure are beginning to pay off.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:

• Ed Ludlow, cohost of Bloomberg Tech
• Ron Westfall, HyperFRAME Research Infrastructure and Networking VP & Practice Leader
• Anurag Rana, Bloomberg Intelligence Senior Technology Analyst
• Matt Day, Bloomberg News Technology Reporter

See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined,” Powell said Wednesday at a press conference.

While Powell’s term as Fed chair ends on May 15, his seat on the Board of Governors doesn’t expire until 2028. “I plan to keep a low profile as a governor,” he said. “There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.”

See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East.Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates.

See omnystudio.com/listener for privacy information.

Pershing Square Founder & CEO Bill Ackman joins Bloomberg's Dani Burger on "Bloomberg Deals" to discuss his five billion dollar Pershing Square IPO, an outlook on the markets, as well as his growth and investment strategy for Pershing Square.

See omnystudio.com/listener for privacy information.

Brian Niccol, Starbucks Chairman & CEO, joins Bloomberg's Romaine Bostick on "Bloomberg Open Interest" to discuss the company's earnings report as well as the future for Starbuck's growth.

See omnystudio.com/listener for privacy information.

Suzanne Maloney, Vice President and Director of the Foreign Policy program at the Brookings Institution and Foreign Affairs author, discusses her article on the Iran War's unintended consequences and the stalemate in negotiations. She speaks with Bloomberg's Tom Keene and Paul Sweeney.

See omnystudio.com/listener for privacy information.

AWS CEO Matt Garman talks OpenAI tech after Microsoft cedes exclusivity. Garman spoke with Bloomberg's Ed Ludlow.

See omnystudio.com/listener for privacy information.

London Mayor Sadiq Khan discusses AI, Migration, Local Elections, Farage and more at Bloomberg CityLab Madrid with Bloomberg's Chad Thomas.

See omnystudio.com/listener for privacy information.

Robert Kaplan, vice chairman at Goldman Sachs and former Dallas Fed president, discusses the outlook for US monetary policy. Kaplan spoke with Bloomberg's Tom Teene and Paul Sweeney.

See omnystudio.com/listener for privacy information.

US Energy Sec. Chris Wright talks to Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern to discuss energy flows and forthcoming deals.

See omnystudio.com/listener for privacy information.