Bloomberg Daybreak: Europe Edition Daybreak Weekend: Tech Earnings, Middle East and Africa Summit, Labubu Craze
Nov 28, 2025
Mandeep Singh, Global head of tech research at Bloomberg Intelligence, discusses how the surge in AI workloads is impacting cloud giants like CrowdStrike and Snowflake. He analyzes Salesforce's AI strategy and the competitive landscape. Shirley Zhao, a consumer reporter in Asia, reveals the rise of LaBubu, a viral toy sensation linked to China's economic shifts, and dives into Pop Mart's blind-box culture, its stock performance, and the potential threats from counterfeits and regulatory scrutiny.
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AI Cloud Lift Benefits Software Vendors
- Hyperscale cloud growth from AI is lifting vendors like Microsoft and Google and should benefit software players such as Snowflake and CrowdStrike.
- Generative AI workloads are driving revenue and higher CapEx across cloud providers, creating downstream demand for data and security services.
AI Creates New Security Attack Surface
- Generative AI expands the cybersecurity attack surface with new threats like prompt-injection attacks.
- That broader risk landscape should increase enterprise demand for security vendors such as CrowdStrike.
Limited AI Upside For Salesforce
- Salesforce's Gen AI products (like Data Cloud) remain a small portion of revenue and won't materially move the needle if they double.
- Meanwhile, AI-driven budget shifts may squeeze traditional seat-based SaaS spending and limit Salesforce's growth upside.
