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22.09.26 - 15:06
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ClickHouse Appoints Mike Scarpelli, Former Snowflake and ServiceNow CFO, to Board of Directors (Business Wire)
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Veteran finance leader who guided three companies through IPOs joins ClickHouse as it surpasses $350 million in run-rate revenueSAN FRANCISCO--(BUSINESS WIRE)--ClickHouse, Inc., the company behind the leading database for AI, today announced the appointment of Michael Scarpelli to its Board of Directors. Scarpelli most recently served as Chief Financial Officer of Snowflake, and previously held the CFO role at ServiceNow and Data Domain, leading each company through its initial public offering. He will serve as an independent director and chair the board's Audit Committee.Scarpelli joins ClickHouse during a period of growth that is unusual even by the standards of the current AI cycle. The company has surpassed $350 million in run-rate revenue, up from roughly $200 million at the end of 2025. Scarpelli joins ClickHouse as more than 4,000 customers, including DoorDash, Ramp, Meta, Tesla, Cisco and Visa, build the applications that define their businesses on infrastructure that does not force a choice betw...
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22.09.26 - 14:30
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AI Rally Loses Steam, US-China Talks Persist (Bloomberg)
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US equity futures waver after Meta, Alibaba and Tencent boosted investor optimism around AI with their latest technology. The US and China held a second round of trade talks ahead of the Trump-Xi summit. President Trump is set to speak as the UN General Assembly convenes in New York City. Kallum Pickering of Peel Hunt joins "Bloomberg Brief" to discuss the sustainability of debt-financed growth.
This video has been edited to correct a graphic to show that the latest AI trade faltered in the Asian session. The correction is placed at 01:01 (Source: Bloomberg)...
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22.09.26 - 14:30
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Magnificent Seven Hit All Time High (24/7 Wall St.)
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Meta (NASDAQ: META) was so far behind in the AI game that investors viewed it as a second-tier stock. Tesla (NASDAQ: TSLA) collapsed amid concerns that US EV sales had dropped and would not recover. Apple (NASDAQ: AAPL) had no standout product. Microsoft (NASDAQ: MSFT) lost ground to OpenAI after a failed partnership. The Magnificent […]...
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22.09.26 - 14:02
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Tech Rally Loses Steam In Europe as Oil Rises (Bloomberg)
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A rally in technology stocks came to a halt as oil resumed its role in setting the tone for markets, with Brent heading for its first gain in a week as investors tracked diplomatic efforts to end the US-Iran war. Earlier, stocks got a lift after Meta's new artificial intelligence agent, Muse, quickly rose to the top of mobile app charts.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.
Correct: Graphic edited at 01;00;19;11, 01;27;09;02, 01;34;40;22 to clarify that Ermotti said fee pools in banking are going be down, with UBS in-line with market trends.
(Source: Bloomberg)...
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