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03.11.26 - 07:24
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Is AI a Bubble? Wall Street Titans Say Not Even Close (Bloomberg)
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Finance heavyweights including Goldman CEO David Solomon, Franklin Templeton's Jenny Johnson, Morgan Stanley's Ted Pick broadly dismissed fears that the AI boom has entered bubble territory, while Pimco chief Emmanuel Roman noted the sector's debt wave has yet to distort broader credit markets. They spoke to Bloomberg Television on the sidelines of the HKMA Global Financial Leaders' Summit. (Source: Bloomberg)...
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03.11.26 - 06:31
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Wall Street Bosses See Risks But Remain Bullish On AI (Bloomberg)
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)...
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03.11.26 - 05:51
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Unhappiest Place On Wall Street: Disney Readies Thousands Of Layoffs As Managers Told To Slash 20% Of Costs (ZeroHedge)
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Unhappiest Place On Wall Street: Disney Readies Thousands Of Layoffs As Managers Told To Slash 20% Of Costs
Three years, two CEOs, at least six rounds of layoffs... and one stock that still can't get off the floor.On Monday evening, Bloomberg reported that Walt Disney is set to unleash thousands of job cuts, with the entertainment giant asking some managers to target 20% in annual cost savings. Citing "people familiar with the matter", the savings could come from job eliminations as well as other expense reductions, and some of Disney's operations, which range from theme parks to the TV networks and the movie studio, "will be affected disproportionately."Disney declined to comment, but the timing speaks for itself: the company reports fiscal Q4 results in two weeks (Nov 17), and it has already promised investors double-digit growth in adjusted EPS in the current fiscal year. When the top line won't cooperate, well, there is always the cost line.Regular readers know this ...
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03.11.26 - 00:57
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Apple: iPhone-Geschäft treibt Umsatz auf Rekordniveau (Spiegel)
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Die Erwartungen wurden noch übertroffen: Apple hat im vergangenen Quartal seinen Umsatz auf 114,5 Milliarden Dollar gesteigert, vor allem dank Smartphones. Mit seinem Ausblick enttäuscht der Konzern allerdings... --- Der Apple-Quartalsumsatz stieg den Angaben zufolge im Jahresvergleich überraschend deutlich um zwölf Prozent auf 114,5 Milliarden Dollar.. --- Ternus sagte dem Wirtschaftssender CNBC, beim ersten aufklappbaren Modell des Konzerns, dem iPhone Duo, gebe es weiterhin Engpässe. Beim Verkaufsstart im Oktober vor wenigen Wochen waren die Liefertermine für das mehr als 2000 Euro teure Gerät schnell in den Januar gerutscht.. --- Mit dem Ausblick für das laufende Quartal enttäuschte der US-Konzern jedoch: Apple-Aktien gaben daher im nachbörslichen Handel an der Wall Street rund vier Prozent nach..
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