Bloomberg Technology
How Does Deal With MGM Help Amazon?
May.26 — Evercore ISI Head of Internet Research Mark Mahaney and Bloomberg’s Kelly Gilblom discuss what Amazon’s $8.45 billion deal with MGM does for the e-commerce and streaming media giant. They also talk about when Andy Jassey will be replacing Jeff Bezos as Amazon CEO. They speak with Emily Chang on “Bloomberg Technology.”
Bloomberg Technology
Microsoft’s Big Bets on AI Start to Pay Off
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…
Bloomberg Technology
Anthropic Weighs Offering 15%-20% of IPO to Retail Investors
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…
Bloomberg Technology
Investors Eye AI Payoff in Microsoft, Alphabet Earnings
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…
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Hassan & Investing
May 27, 2021 at 12:47 am
Good questions Emily, as always,
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May 27, 2021 at 12:58 am
It’s a good play by Amazon and likely not their last streaming deal.