Bloomberg Intelligence BI Weekend: Delta Earnings, Musk Party, 10 Companies to Watch in 3Q
7 snips
Jul 11, 2025 Craig Trudell, Bloomberg's Global Autos Editor, delves into Tesla investors' worries surrounding Elon Musk's potential political party and its implications for the company. Mark Douglas, President and CEO of MNTN, shares insights about his company's recent IPO and what it means for the future. The discussion also highlights Delta Airlines' strong earnings report and offers a look at ten companies to watch in the upcoming quarter, exploring their potential to shape market trends.
AI Snips
Chapters
Transcript
Episode notes
Delta's Business Travel Dynamics
- Delta Airlines' premium business travel remains strong while basic economy seats face pricing pressure.
- Fuel prices currently help airline profits but could pose a risk if they rise again.
Trump's Antitrust Approach Impact
- Trump's antitrust enforcement favors settlements that allow big deals with remedies, unlike Biden's more aggressive blocking approach.
- The current FTC commissioners align closely with Trump's views, influencing deal approvals.
CoreWeave's $9 Billion AI Infrastructure Power Play Explained
CoreWeave is expanding aggressively in AI cloud computing by acquiring Core Scientific for $9 billion in an all-stock deal.
They specialize in renting GPU-heavy computing resources targeted for AI workloads, differentiating themselves from general cloud providers like AWS.
This acquisition significantly expands their infrastructure capacity to meet a massive backlog of demand and alleviate leasing constraints.
Despite a rocky IPO, CoreWeave's stock surged, enabling this strategic move to solidify their market position in AI cloud services.
The deal symbolizes the growing importance and scale of specialized AI infrastructure providers.