About this episode
Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu - Caroline Hyde, BTech Co-Anchor, discusses Anthropic planning to spend $50 billion to build custom data centers for artificial intelligence work in several US locations, including Texas and New York. The new sites will start coming online throughout 2026 and will create 800 permanent jobs and 2,400 construction jobs at the planned sites. - Emily Mason, Bloomberg Fintech and Crypto Reporter, discusses shares of Circle Internet falling with concern that declining interest rates will weigh on future returns, overshadowing better-than-expected third-quarter revenue and earnings. Circle is exploring new products to diversify its revenue, including a blockchain-based payments network and a tokenized money market fund, as it faces potential pressure on revenue from declining interest rates. - Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, discusses her research on apparel sales potentially holding steady or edging higher this holiday season, despite Gen Z and Millennials cutting their holiday spending. Bloomberg Intelligence says that robust self-gifting trends will likely drive demand for clothing and accessories. See omnystudio.com/listener for privacy information.