Microsoft Forecasts Show Data Center Crunch Persisting Into 2026

Summary

---

Bloomberg Intelligence Podcast Summary

Episode Title: Microsoft Forecasts Show Data Center Crunch Persisting Into 2026
Date: October 10, 2025
Hosts: Scarlet Fu and Paul Sweeney
Key Guests:

• Anurag Rana (Technology Analyst, Bloomberg Intelligence)
• Steve Mann (Global Autos and Industrials Analyst, Bloomberg Intelligence)
• Lindsey Dutch (Senior Analyst, Bloomberg Intelligence, Consumer Hardlines)

---

Episode Overview

This episode centers on the ripple effects of Microsoft’s recent warning about persistent data center limitations—highlighting impacts across the AI boom, cloud infrastructure, and the broader tech economy. The hosts also examine auto industry reactions to proposed and enacted tariffs, and trends in consumer retail behavior as the 2025 holiday season approaches.

---

Segment 1: Microsoft's Persistent Data Center Crunch and AI Infrastructure (01:40 – 07:14)

Main Discussion Points

• Microsoft’s Data Center Constraints:
  Microsoft announced continuing shortages of data center capacity likely to last into 2026, impacting cloud growth and the pace of AI adoption.
• AI and Cloud Infrastructure Demand:
  Despite prior suggestions that bottlenecks were easing, the surge in AI usage is straining infrastructure both at Microsoft and its major competitors (Google, Meta, Amazon).
• CapEx and Downstream Impact:
  Microsoft and peers are ramping up capital expenditures (CapEx), but this may pressure gross margins and contribute to ongoing strength in infrastructure providers, chipmakers, and data center support businesses.
• Industry-Wide Effect:
  There's no clear "winner" among tech giants; all are faced with similar shortages, pushing them to third-party providers like CoreWeave and Oracle.

Key Quotes

• On the infrastructure boom:
  “The AI boom is going to continue...if Microsoft needs more capacity, it’s going to go to people like CoreWeave, Oracle...the downstream effect of that. So positive news for the infrastructure space, but maybe has an impact on Microsoft’s cloud growth rate.”
  — Anurag Rana (02:51)
• On earnings impact:
  “You may see it take down their gross margins...they’re going to spend more on CapEx than last year but the rate of growth is going to go down. But they haven’t given any figure, so you can drive a big truck in that range.”
  — Anurag Rana (03:26)
• On the phase of AI buildout:
  “I think we are in fairly early innings...every data center takes a long time to come up...I do not see any reason why in five to seven years we’re still not talking about this topic.”
  — Anurag Rana (04:15)
• On sector-wide shortages:
  “The crunch that they are having, I bet the same thing is happening with Google, Meta, and Amazon. They’re all going out to these third-party new cloud providers to see wherever they can find capacity.”
  — Anurag Rana (05:03)

Notable Moments

• Macro view:
  The discussion contextualizes ongoing AI growth as a multi-year infrastructure build, suggesting that the industry will continue wrestling with these issues well beyond 2026.

---

Segment 2: Tech Sector Earnings and IT Spend Outlook (05:42 – 07:14)

Main Discussion Points

• Discretionary Spending vs. Infrastructure:
  A divide is emerging: consulting and traditional software are likely to see lower discretionary spending, while data center and cloud infrastructure players expect strong renewed backlogs.
• Q4 IT Budget Rush:
  End-of-year IT spending surges may be muted outside essential tech and infrastructure amid persistent macroeconomic concerns such as US-China trade uncertainty and interest rates.

Key Quotes

• “It’s a big tale of two cities...consulting names are not going to have a good time...but someone like CoreWeave, Oracle, or Microsoft, they will talk about more bookings.”
  — Anurag Rana (05:54)
• “The non-side of tech spending, I think that’s still going to struggle...till we have a resolution [on US-China relations, interest rates], that part of the equation is going to struggle.”
  — Anurag Rana (06:51)

---

Segment 3: Auto Industry Reshoring and Tariffs (09:17 – 13:56)

Main Discussion Points

• Tariff Environment:
  The conversation addresses how current and proposed US tariffs are driving auto manufacturers (like Stellantis, Ford, GM, Hyundai) to reshore production to the US.
• Supply Chain Realignment:
  The shift is gradual: while some "low-hanging fruit" can be quickly adjusted (e.g., moving Silverado production back to the US), full-scale relocalization of the North American auto supply chain is expected to take years or even decades.
• Stellantis’ Position:
  Stellantis is losing share on high-margin vehicles but aims to recapture consumer interest with product shifts (V8 Hemi returns, midsize Jeep Cherokee relaunch).

Key Quotes

• “If they have spare capacity in the US that’s a no-brainer...but to unravel the North American supply chain...it could take, if not years, a couple of decades to actually turn that ship around.”
  — Steve Mann (12:04)
• “Stellantis has been losing quite a bit of market share on their high, you know, the higher profit vehicles like the Ram trucks, the Jeeps...The strategy has shifted...to more of an outreach—how are they going to answer the demands of the consumer?”
  — Steve Mann (13:12)

---

Segment 4: Retailers, Consumer Demand, and the Holiday Outlook (16:24 – 21:42)

Main Discussion Points

• Wide-Ranging Guidance:
  Hardlines retailers like Dick’s Sporting Goods and Ulta are issuing broad guidance to reflect uncertainty in consumer demand heading into the critical Q4 season.
• Consumer Behavior:
  Despite lingering caution and value shopping, consumers still splurge on new or exclusive products (Nintendo Switch 2, premium sneakers). Inventory in place for 2025’s holidays is "locked in," so the effect of tariffs will be more visible in late 2026.
• Tariff Risks:
  Best Buy is most exposed to indirect China supply (33% of cost of goods sold), underlining the sector’s vulnerability to any dramatic shifts in trade policy.
• Loyalty Programs & Exclusivity:
  Retailers leverage loyalty programs and exclusive product offerings to keep customers engaged and coming back, emphasizing assortment and customer experience over just pricing.

Key Quotes

• On consumer trends:
  “Newness is driving demand and that’s no matter what the category...consumers are definitely value focused, but they’re making sacrifices. They’re choosing to shop value on certain things and then they’re splurging on other things.”
  — Lindsey Dutch (19:23)
• On loyalty:
  “Those loyalty programs, you know, for the retailers are great because that gives them a lot of data. They have to have that newest product. They have to have exclusive items where you can’t go elsewhere to get it.”
  — Lindsey Dutch (20:44)

---

Conclusion

This episode provides vital perspective on the infrastructure realities underpinning AI and big tech—with Microsoft’s data center limitations serving as a case study for both the opportunities and constraints of the ongoing digital revolution. The conversation skillfully ties together supply chain strategy in autos and evolving consumer behaviors in retail, giving investors and professionals a holistic snapshot of Q4 2025’s business landscape.

---

Key Timestamps

• Microsoft/Data Center Crunch: 01:40 – 07:14
• Auto Tariffs & Reshoring: 09:17 – 13:56
• Consumer Retail Outlook: 16:24 – 21:42

---

Transcript

[A]

The FIFA World Cup 26 is coming to North America. Get closer to where business meets the beautiful game with a hospitality package featuring premium seats and entertainment. Get closer to wins on and off the pitch. Register [e-mail] Interest as a contractor, I.

[B]

Don'T pay for materials I don't use, so why would I pay for stuff I don't need in my mobile plan? That's why the new My Biz plan from Verizon Business is so perfect. Now I can choose exactly what I want and I only pay for what.

[A]

I need right now with my biz plan. Get our best price as low as $25 a line.

[C]

Visit verizon.combusiness to get started today.

[D]

New lines only. Price per month with five plus lines includes auto pay and paper free billing and promotional discount, taxes, fees, economic adjustment charge applicable.

[A]

Add ons prices and terms apply.

[E]

Guarantee applies to base monthly rate and stated discounts only.

[A]

Add on prices.

[D]

Additional offers in November 17, 2025 this holiday season is likely to be a roller coaster for logistics and manufacturing, but having the right staff in place can be easy. When you choose Express employment professionals, they can handle everything. To ensure you have the right size contract workforce, go to expresspros.com solve your workforce challenges when you choose Express to support your hiring in a variety of roles, including two of our biggest areas, manufacturing and logistics, visit ExpressPros.com today. That's ExpressPros.com.

[A]

Bloomberg Audio Studios Podcasts Radio news. You're listening to the Bloomberg Intelligence podcast. Catch us live weekdays at 10am Eastern on Apple CarPlay and Android Auto with the Bloomberg Business app. Listen on demand wherever you get your podcasts or watch us live on YouTube.

[B]

Speaking of technology, piece of news that I thought was really interesting, Scarlett Microsoft saying, hey, we're not going to have as much, I guess, data center capacity as we thought. We're not going to have as much as we need until maybe sometime next year. It's just another data point that, as Jay was just pointing out, there's lots of ways to play AI, but money's being spent all throughout the economy, not just the tech stack.

[A]

But there's still logjams nonetheless.

[B]

Yeah, still log jams nonetheless. So let's see what's going on with our good friends at Microsoft. Anurag Rana joins us, technology analyst for Bloomberg Intelligence. Again, what do you make of this Microsoft News, Anurag, that they say, you know, data center crunch is going to persist into 2026.

[E]

Yeah, you know Microsoft talked about a little bit of this in the Earnings call about let's say 12 months ago. Then they said things are easing or things improving and it does have an impact on the cloud business growth rate when things are tight. Now this news, I think it was an excellent article written by Bloomberg News and you know it gives us a lot of things to think about as to what's going to happen over the next 12 to 18 months. We think CapEx could go up, we think cloud realization of the rates could go down and you know, the AI boom is going to continue or the infrastructure boom is going to continue because if Microsoft needs more capacity it's going to go to people like Core, Weave, Naviers, Oracle. They're going to go to their, you know, companies that they work with to create the data centers and you know, the downstream effect of that. So positive news for the infrastructure space. But maybe has an impact on Microsoft's cloud growth rate.

[A]

Does it have an impact on Microsoft spending as well and how will that show up in the earnings when the company reports?

[E]

Yeah, I think it can have an impact on their gross margins. You may see it take down. They, they have said that, you know, that in next financial year, the next fiscal year they're going to spend more on capex than last year but the rate of growth is going to go down. Now they haven't given any figure so you can drive a big truck in that particular range because they are giving themselves the flexibility to say that. One could argue that the year after that now they're, you know, maybe they're going to spend even more so that really, you know, has an impact on the entire cycle. So that means Oracle has to spend more, that means Meta has to spend more, Amazon has to spend more and that, that continues this big boom of all the downstream companies we have anything from chips to you know, data center cooling and water, etc.

[B]

What inning Anurag do you think we are in this AI tech build out?

[E]

I think we are in a fairly early innings because unlike software coding or you could say, you know, the, the build out of a new E commerce website, this one's going to take some time because every data center takes a long time to come up. I mean from breaking ground, getting permits to getting power to actually building it and putting it together, I mean it's a, it takes a few years for that to build out. So I do not see any reason why in five to seven years we're still not be talking about this topic.

[A]

You know when we come back to this data center crunch for Microsoft, is this a Zero sum game where it's Microsoft's loss for now in the short term as it builds these things out and its competitors gain and if so, what are the names that are likely to be most able to benefit?

[E]

No, I don't think it's anybody's gain in this point. So the crunch that they are having, I bet the same thing is happening with Google, same thing is happening with Metta and Amazon. They are all going out to these third party new cloud providers to see wherever they can find capacity and at the end of the day whoever has any capacity left, you know they will find a customer from one of these large vendors because what not only what they're doing is selling products to the third parties outside their internal processes. They are actually improving it as well. Somebody like a meta, they really are improving their ads ad business because of AI and they need more capacity because of that as well.

[B]

Earnings will be kicking off the season next week for the banks and then we'll get the tech companies a little bit later. What are you going to be listening for Anurag during this earnings cycle for your tech names?

[E]

It's a big tale of two cities. One side we're going to see an actual drop in discretionary spending. So any of the consulting names they're not going to have a good time. Any of the traditional Software names, even SaaS names, they're not going to have a good time because subscription growth is going to slow down. But on the other side somebody like a code weave or an Oracle or a Microsoft, they will talk about more bookings article is not going to report in this particular earnings season. But a month after that I think they will all see a good increase in the backlog or the order book. But the rest of the space I think is going to struggle.

[A]

Once upon a time a lot of the companies benefited from the end of the year rush to use up the IT budget. You know every company had a certain amount of money allotted to spending on it and a lot of times companies didn't get around to using it until the fourth quarter and then they would do so in a big rush to. Do you see that happening this time around?

[E]

Yes, it would happen but only happen on the side of things. The non side of the tech spending, I think that's still going to struggle. We may not have a resolution of that in the global macro environment improves till we have a resolution between us China, trade war, did we know what's happening to interest rate? I think that part of the equation is going to struggle.

[B]

Stay with us. More from Bloomberg Intelligence Coming up after this.

[A]

The FIFA World Cup 26 is coming to North America next summer. It's the ultimate celebration of sports and culture and an opportunity to elevate your company. Get closer to where business meets the beautiful game with a premium hospitality package. Build partnerships in the best seats and suites. Achieve goals over world class food and beverage. Get closer to wins on and off the pitch. Register [e-mail] Interesting.

[D]

You're thoughtful about where your money goes. You've got your core holdings, some recurring crypto buys, maybe even a few strategic options plays on the side. The point is, you're engaged with your investments and Public gets that. That's why they built an investing platform for those who take it seriously. On public you can put together a multi asset portfolio for the long haul. Stocks, bonds, options, crypto. It's all there plus an industry leading 3.8% APY high yield cash account. Switch to the platform built for those who take investing seriously. Go to public.com and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com paid for by Public Investing. All investing involves the risk of loss, including loss of principal. Brokerage services for U.S. listed registered securities options and bonds in a self directed account are offered by Public Investing Inc. Member FINRA and SIPC. Crypto trading provided by Bakkt Crypto Solutions, LLC. Complete disclosures [e-mail] disclosures your next product.

[E]

Launch is coming fast. Don't let billing slow you down. Legacy systems can't handle usage based billing. That means your team is stuck gluing code together, piecing through spreadsheets and running.

[D]

Ad hoc queries just to figure out what to bill.

[E]

With Metronome, you can roll out new.

[D]

Pricing in minutes instead of months, whether it's usage based, seat based or a hybrid model.

[E]

Visit metronome.com to see how companies like OpenAI and Anthropic launch billing as fast they launch products. That's metronome.com.

[A]

Youm'Re listening to the Bloomberg Intelligence Podcast. Catch us live weekdays at 10am Eastern on Apple CarPlay and Android Auto with the Bloomberg Business app. Listen on demand wherever you get your podcasts or watch us live on YouTube. All right, let's turn now to a sector that of course is affected by tariffs directly, and that is the auto sector. Steve Mann is Bloomberg Intelligence Global Autos and Industrials Research Analyst and he joins us now to talk about Stellantis. Stellantis. It's Chrysler, right?

[B]

Paul, Jeep, Chrysler. All those good Brands.

[A]

I always get confused because I see Stellantis, I'm like what company is this? I don't get it. In any case, its third quarter shipments climbed to 13% led by rise in North America. So there is a bit of a recovery here after the carmaker has been working down inventory in the U.S. steve, thanks for joining us. Let's talk a little bit about Stellantis and how sensitive vulnerable it is to President Trump's tariffs.

[C]

Yeah, I think they are very sensitive to tariffs but I think a lot of the impact on companies like Stellantis and the Detroit trio is really their operations in Mexico and Canada. I think Trump is looking for them to actually move some of those production back into the US and employ more US workers. So I mean there's been a lot of rhetoric and a lot of, you know, potential changes, changes are impending. But I think for now auto tariffs, it's been pretty quiet and I don't think, you know, the, the Trump, you know, the tweets are, is going to impact the Detroit 3.

[B]

So where are we in terms of implementing tariffs on autos? Just incoming and coming in the US where are actually being levied at the moment?

[C]

Yeah, it's happening at the moment. We've heard a lot of news on, you know, companies moving production back to the US GM have moved some of their Silverado production, one of their highest profit vehicles, you know, from, from Canada back to the US So we're hearing that from Ford and some other automakers, you know, Hyundai is investing a lot in the U.S. you know, likely to move some of the production from South Korea into the US So we are already starting to hear and see the effects of those auto tariffs.

[A]

Steve, this might be an unanswerable question but with companies making the moves to do that, this will take a long time. This is a multi year process. Right. You don't just decide that you're going to reshore manufacturing, it happens the next day. Is just saying that you're going to do that enough to appease the administration.

[C]

Well, I look at it as a two phase process. There's what I call low hanging fruits. So for example, I gave earlier on the Chevrolet Silverado that GM shifted back to the US if they have spare capacity in the US that's a no brainer. They can shift that back quickly. But you're absolutely right, longer term it's going to take years to kind of unravel the North American supply chain chain to focus more on the US it's going to take years because you know Plants take years to build. And then you also have to bring back the suppliers. The suppliers rather produce their parts near the manufacturing, near the assembly plants rather than, you know, other, you know, in other countries where, you know, shipping costs, costs could be very high. So it could take, if not years, a couple of decades to actually turn that ship around.

[B]

So where is Stellantis just from a positioning perspective right now relative to the other automakers out there?

[C]

Yeah, Stellantis has been losing quite a bit of market share on their high, you know, the higher profit vehicles like the Ram trucks, the Jeeps. And you know, with the new CEO coming on board, you know, the shift, the strategy has shifted from more of achieving cost savings from the mergers that created Stellantis back in 2001 to more of an outreach. You know, how are we going to, how are they going to answer the demands of the consumer? They really want the V8 back, which is what they're doing. They're bringing that V8 Hemi back and you know, they'd also bring the midsize Jeep Cherokee back, which has been very popular with consumers.

[B]

Stay with us. More from Bloomberg Intelligence coming up after this.

[D]

You're thoughtful about where your money goes. You've got your core holdings, some recurring crypto buys, maybe even a few strategic options plays on the side. The point is you're engaged with your investments and public gets that. That's why they built an investing platform for those who take it seriously. On public, you can put together a multi asset portfolio for the long haul. Stocks, bonds, options, crypto, it's all there plus an industry leading 3.8% APY high yield cash account. Switch to the platform built for those who take investing seriously. Go to public.com and earn an uncapped 1% bonus when you transfer your portfolio. That's public. Paid for by Public Investing. All investing involves the risk of loss, including loss of principal. Brokerage services for U.S. listed registered securities options and bonds in a self directed account are offered by Public Investing Inc. Member FINRA and SIPC. Crypto trading provided by Bakkt Crypto Solutions LLC. Complete disclosures [e-mail] disclosure your next product.

[E]

Launch is coming fast. Don't let billing slow you down. Legacy systems can't handle usage based billing. That means your team is stuck gluing.

[D]

Code together, piecing through spreadsheets and running ad hoc queries just to figure out what to bill.

[E]

With Metronome, you can roll out new pricing in minutes instead of months.

[D]

Whether it's usage based, seat based or a hybrid model.

[E]

Visit metronome.com to see how companies like OpenAI and Anthropic launch billing as fast as they launch products.

[B]

That's metronome.com running small and medium sized.

[F]

Businesses is hard work. Business owners need to be sure that their ads are working just as hard as they do.

[B]

Amazon Ads allows businesses to track and.

[F]

Optimize campaigns for better ROI from their marketing. With Amazon ads, you can be more.

[A]

Sure that your marketing is reaching relevant.

[B]

Audiences during premium content and shows they're actually watching. Trillions of browsing, shopping and streaming insights.

[F]

Help you optimize your campaigns in real time, and measurement tools show you what's working the hardest. Gain the edge with Amazon ads.

[A]

You're listening to the Bloomberg Intelligence Podcast. Catch us live weekdays at 10am Eastern on Apple CarPlay and Android Auto with the Bloomberg Business app. Listen on demand wherever you get your podcasts or watch us live on YouTube.

[B]

Let's talk about the consumer here. How's the consumer doing out there? There's lots of ways you can kind of get a sense for that. We talked to Mike Halen from Bloomberg Intelligence about how the restaurant traffic is doing. And we also can talk to Lindsey Dutch. She covers the consumer hardlines retail companies. She's a senior analyst at Bloomberg Intelligence. Lindsey, let's talk like I know Dick's Sporting Goods, Ulta, you got a couple companies that are going to be reporting earnings coming up and what do you expect from these companies?

[F]

Yeah, thanks Paul, for having me. We are taking a look at sort of full year guidance going into the third quarter earnings and of course that important holiday shopping season. And what we've noticed is, you know, the guidance ranges are very, very wide for these retailers. It's baking in a lot of uncertainty surrounding the consumer. But when we look at the demand trends and sort of first half results, first half results were pretty solid for many of these hardline retailers. And we're seeing better demand in the beauty space, you know, better demand for electronics even and home furnishings, some categories that have really been struggling. And when I look at this guidance range, I sort of think that we might be able to trend sort of towards the middle upper half of the range if that demand can hang on through the second half into 2026.

[A]

Can that demand hang on if prices increase or the supply is limited? We're hearing again these headlines from President Trump that there could be a massive increase of tariffs on goods from Dick's Sporting Goods. Ulta Beauty certainly do rely on China for for their supply chain. So I'm curious whether that gets folded in.

[F]

So I think when we think about the second half, I think a lot of that inventory is already in place and there have been price increases that have occurred on that inventory. We're expecting to see that. We do think the shopper is going to come out a lot like they did last year, selective, value focused, but they're still willing to spend, you know, on certain things. And I think that, you know, the key draw there is, you know, anything that's new Nintendo Switch to, you know, anything exclusive or like a premium type product, you know, which does skew to addict sporting goods. I think when I think about the risk, you know, of these headlines that we're seeing, you know, Best Buy, you know, is responding to those headlines. I think if we see a big, much higher levy on goods from China, you know, that's something that they're going to have to address in the 2026 year. They have significantly reduced their exposure. You know, of those hardlines names we were talking about, Best Buy is probably the most exposed, 33% of COGS. But it's all indirect exposure. So it's not stuff that they're directly importing. It's just some of the inventory that they had on hand.

[B]

Lindsey, the companies you cover, the hardline retailers, what's their, I don't know if they have a collective view of how the consumer is doing out there. What do you, what are they telling you guys?

[F]

Yeah, again, I think what they're, what we've seen, and this is sort of going back all the way, you know, to last year's holiday season, is that newness is driving demand and that's no matter what the category. So like beauty electronics, we saw explosive demand for that Nintendo Switch to. But even in the sporting goods market, you know, new product or a premium type product is really drawing that consumer in, even if it's a higher price point. So consumers are definitely value focused, but they're making sacrifices. They're choosing to shop value on certain things and then they're splurging on other things. It's really hard to discern. But like I said, we've seen improvement broadly in the home furnishings category, also in electronics and then beauty, which kind of took a leg down last year. Year is looking a lot better this year.

[A]

Lindsey, talk a little bit about these companies and their efforts to make sure that the consumer stays with them no matter what happens, even if they can go to, say, TJ Maxx and get it for cheaper. Because they have these loyalty programs that tie the consumers so closely to their brand. Even as an aggregator, Dick's Sporting Goods does not sell its own branded merchandise. It sells Nike, it sells New Balance. But people go back repeatedly to the store, right?

[F]

Yeah, those loyalty programs, you know, for the retailers are great because that gives them a lot of data. They're customers that shop the most with them. You know, I think this is where, you know, assortment matters and exclusives matter. So, you know, Dick's smaller Pier Academy Sports, they have not seen the growth that Dick's is seeing and it's because they also carry Nike, but they might not carry the brand new Nike basketball sneakers for the season, whereas Dick's does. So the assortment, you really have to dive in and look at very specifically what some of these retailers have. They have to have that newest product. They have to have exclusive items where you can't go elsewhere to get it. And that is really key to keeping that customer back. I also think when you have a positive experience shopping at a retailer, you're going to go back to them as well for that customer service or whatever it is that they're providing to you that no one else can give you.

[A]

This is the Bloomberg Intelligence podcast available on Apple, Spotify and anywhere else you get. Your podcasts listen live each weekday 10am to noon Eastern on Bloomberg.com, the iHeartRadio app, TuneIn and the Bloomberg Business app. You can also watch us live Every weekday on YouTube and always on the Bloomberg terminal.

[D]

Hey, Ryan Reynolds here from Mint Mobile. Now I don't know if you've heard, but Mint's Premium Wireless is $15 a month. But I'd like to offer one other perk. We have no stores. That means no small talk. Crazy weather we're having.

[A]

No, it's not.

[D]

It's just weather. It is an introvert's dream. Give it a [e-mail] Switch upfront payment.

[F]

Of $45 per three month plan. $15 per month equivalent required. New customer offer first three months only, then full price plan options available, taxes and fees extra.

[A]

Siemen mobile.com I'm Carol Massar.

[E]

And I'm Tim Stanwak inviting you to join us for the Bloomberg businessweek daily podcast.

[A]

Now every day we are bringing you reporting from the magazine that helps global leaders stay ahead.

[E]

We've got insight on the people, the companies and trends that are shaping today's complex economy.

[A]

That's right, Tim. We're all over global business, finance, tech news, all as it is happening in real time. And we've got complete coverage of the US Market close. Gotta say, basically, if it impacts financial markets, if it impacts companies, if it's impacting trends and narratives that are out there, we are on it.

[E]

We also have a lot of fun doing it. Bloomberg businessweek also brings you the analysis behind the headlines through conversations with our expert guests.

[A]

And we are doing this all live each weekday. And then we bring you the best analysis in our daily podcast search for.

[E]

Bloomberg Businessweek on YouTube, Apple, Spotify, or anywhere else you listen.

[A]

Check it out on your way home from work to catch up on the conversations that you miss during the business.

[E]

Day and on the weekend. Check it out for a complete wrap up of your business week.

[A]

That's the Bloomberg Business Week daily podcast. I'm Carol Massar there.

[E]

And I'm Tim Stanovec. Subscribe today wherever you get your podcasts.