Amazon.com, Inc. Web Services CEO Matt Garman says the company is leading a major shift toward AI-powered software that will transform how applications are built and used across industries. AWS Unveils AI Productivity Tools On Tuesday, AWS unveiled new AI-focused products, including Amazon Quick, a desktop assistant designed to help users complete productivity tasks such as creating presentations ...
Amazon.com, Inc. Web Services CEO Matt Garman says the company is leading a major shift toward AI-powered software that will transform how applications are built and used across industries. AWS Unveils AI Productivity Tools On Tuesday, AWS unveiled new AI-focused products, including Amazon Quick, a desktop assistant designed to help users complete productivity tasks such as creating presentations and scheduling meetings. It also introduced new Amazon Connect applications tailored for industries
After the U.S. Supreme Court invalidated the Trump Administration's usage of the International Emergency Economic Powers Act to impose tariffs (without Congressional approval) in February, the administration started accepting claims last month from importers seeking refunds. If all tariff refund requests are granted, it could become one of the largest trade-related repayments in U.S. history, to t...
After the U.S. Supreme Court invalidated the Trump Administration's usage of the International Emergency Economic Powers Act to impose tariffs (without Congressional approval) in February, the administration started accepting claims last month from importers seeking refunds. If all tariff refund requests are granted, it could become one of the largest trade-related repayments in U.S. history, to the tune of around $166B, the New York Times recently reported . Naturally, the topic has been discussed by investors and companies, who want to see if they can reclaim their share of the money. Levi Strauss ( LEVI ) recently said it expects around $80M in refunds, while Gap ( GAP ) CFO Katrina O’Connell said her company is “definitely working on gaining clarity on whether we can recognize a refund.” Auto giant GM ( GM ) even went so far as to up its fiscal outlook on the basis that it could receive as much as $500M in refunds. And while that may be music to the ears of some companies and investors, President Trump has sung a different tune. Speaking on CNBC last month, President Trump said he would “remember” U.S. companies that do not seek refunds for the tariffs he unilaterally imposed, even though the Supreme Court ruled they were illegal in a 6-3 decision. “Brilliant if they don’t do that,” Trump told the news outlet when asked about companies potentially avoiding refund requests to avoid offending him. Major companies, such as Amazon ( AMZN ), have not yet filed requests for refunds, prompting Trump to say he was “very honored” by the decision. “If they don’t do that, they’ve got to know me very well,” Trump said further. He added the Supreme Court ruling did not include language stating, “You don’t have to pay back tariffs that have already been received.” “So, I’m not happy with the Supreme Court, I’ll be honest with you,” he said. Where Apple comes in As one of Earth's largest global companies, Apple ( AAPL ) has been impacted by the tariffs. The tech giant and its ...
Twilio reported its fastest revenue growth in over three years, fueled by a massive surge in AI-driven demand. Twilio CEO Khozema Shipchandler discussed what he called a “milestone quarter” with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Twilio reported its fastest revenue growth in over three years, fueled by a massive surge in AI-driven demand. Twilio CEO Khozema Shipchandler discussed what he called a “milestone quarter” with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Beyond Meat (NASDAQ: BYND) , a producer of plant-based meat products, has lost about 96% of its value since its IPO nearly seven years ago. Let's see why its stock collapsed -- and if it's worth buying as a contrarian play ahead of its first quarter earnings report on May 6. Image source: Getty Images. Back in 2019, Beyond Meat's revenue surged 239% as restaurants , retailers, and consumers eagerl...
Beyond Meat (NASDAQ: BYND) , a producer of plant-based meat products, has lost about 96% of its value since its IPO nearly seven years ago. Let's see why its stock collapsed -- and if it's worth buying as a contrarian play ahead of its first quarter earnings report on May 6. Image source: Getty Images. Back in 2019, Beyond Meat's revenue surged 239% as restaurants , retailers, and consumers eagerly tried out its products. But in 2020, that novelty wore off, the pandemic drove restaurants and retailers to rein in their spending, and cost-conscious consumers shifted back toward cheaper animal meat products. Continue reading
TimArbaev/iStock via Getty Images Enbridge's ( ENB ) Q1 2026 earnings report is coming up, and I expect the fundamental results to be strong, thanks to colder-than-normal winter weather during the quarter, new assets coming online, and soaring energy prices, all of which will provide tailwinds to ENB's quarterly results. In my last coverage on ENB, I was neutral on the stock and favored TC Energy ...
TimArbaev/iStock via Getty Images Enbridge's ( ENB ) Q1 2026 earnings report is coming up, and I expect the fundamental results to be strong, thanks to colder-than-normal winter weather during the quarter, new assets coming online, and soaring energy prices, all of which will provide tailwinds to ENB's quarterly results. In my last coverage on ENB, I was neutral on the stock and favored TC Energy ( TRP ), which ended up being a prescient call as far as TRP is concerned, given that it has more than doubled the performance of ENB over that period, though ENB's stock price has still increased materially since then. Data by YCharts While business results in Q1 were likely strong and are likely to remain strong for the foreseeable future, I do not foresee them as being strong enough to justify rating the current stock at its current valuation as a buy. In this article, I will detail why I expect the company to deliver strong results in Q1 and why I think ENB is still a hold. One Of The World's Best Infrastructure Businesses Before I dig into the specifics, I want to clarify that I believe ENB is one of the best infrastructure businesses in the world. In particular, it operates the world's longest and most complex crude oil and liquids pipeline system, which carries about 75% of Canada's crude oil exports via its mainline asset. Additionally, less than 1% of its EBITDA is exposed to commodity prices directly, and over 98% is either regulated or has take-or-pay contracted agreements in place. Last, but not least, it has almost entirely investment-grade counterparties, which makes its cash flow profile utility-like in nature. In fact, a large portion of its portfolio is in natural gas utilities, as its overall breakdown is across four sectors: Liquids pipelines, which is its core business Gas transmission, its fastest-growing segment Gas distribution and storage Renewable power, by far its smallest segment Additionally, ENB is enjoying tailwinds from AI data center demand, ...
OpenAI CFO Sarah Friar says the company is meeting objectives and sees a “vertical wall of demand” for its products. Bloomberg's Shirin Ghaffary joins Caroline Hyde and Ed Ludlow to discuss those comments on “Bloomberg Tech.” (Source: Bloomberg)
OpenAI CFO Sarah Friar says the company is meeting objectives and sees a “vertical wall of demand” for its products. Bloomberg's Shirin Ghaffary joins Caroline Hyde and Ed Ludlow to discuss those comments on “Bloomberg Tech.” (Source: Bloomberg)