Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Blue Owl Capital Inc.’s Craig Packer has been something of a mainstay on the New York Stock Exchange in recent years, ringing the opening bell multiple times to toast the private credit giant’s public funds.On Wednesday, minutes after the market opened, his mood was anything but celebratory.
Blue Owl had just announced it was scrapping a planned merger of two of its private credit funds, backtracking on a plan revealed Nov. 5 after scrutiny arose over the potential losses some investors would have to swallow as part of the deal. The parent company’s shares had fallen this week to the lowest level since 2023.
Packer bemoaned “negative articles” about private credit that caused its stock to sink. When it comes to Blue Owl’s business development companies, the firm’s co-founder said on CNBC, “there’s no emergency here.”
The abrupt reversal is a rare egg-on-face moment for Blue Owl, which for years has been held up as the poster child of the boom times in the $1.7 trillion private credit market. Created as a merger between Owl Rock Capital and Dyal Capital Partners in 2021, it has pitched itself as a one-stop financing shop that can compete with banks and the biggest alternative asset managers.
Today's show features:

• Bloomberg News Chief Correspondent for Private Capital Davide Scigliuzzo and Chief Wall Street Correspondent Sridhar Natarajan on the fallout from Blue Owl’s scrapped private-credit fund merger, and whether it portends further credit market pain
• Abby Roach, Senior Portfolio Analyst for the Empiric LT Equity Team with Allspring Global Investments, on quarterly earnings from Walmart and the outlook for the US consumer
• Lane Bess, CEO of Deep Instinct, Chairman of Blaize, and former CEO of Palo Alto Networks, on Nvidia’s impact on the broader market for semiconductors
• Brent Schutte, CIO at Northwestern Mutual Management, on the lack of timely government data contributing to uncertainty about the state of the US. economy

See omnystudio.com/listener for privacy information.

BioRender is a leading AI-powered platform for scientific communication. It is designed to bridge communication gaps across specialties, roles, and decision-makers that slow scientific discovery. By combining figure creation, presentations, graphing, analysis, and collaborative whiteboarding, it reduces the need for fragmented design and illustration tools, meeting minutes, and personal notepads.
Co-founded out of Y Combinator by Shiz Aoki in 2017, BioRender says it has become the most widely used visual communication platform in science and healthcare for accurate images, claiming to be deployed at every major research university, 90% of the largest pharmaceutical companies globally, as well as 15 Nobel Prize-winning labs. The company also recently signed a collaboration with Anthropic as part of the "Claude for Life Sciences" initiative, and has reached a value of nearly $1 billion. Shiz discusses her company's growth and key partnership with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Nvidia Corp., the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is poised to fizzle.
Sales will be about $65 billion in the fiscal fourth quarter, which runs through January, the chipmaker said in a statement Wednesday. Analysts had estimated $62 billion on average, with some predictions ranging as high as $75 billion.

The outlook signals that demand remains strong for Nvidia’s artificial intelligence accelerators, the pricey and powerful chips used to develop AI models. Nvidia has faced growing fears that the runaway spending on such equipment isn’t sustainable.

Huang has repeatedly downplayed concerns about an AI bubble, saying last month that the company has more than $500 billion of revenue coming over the next few quarters. Owners of large data centers will continue to spend on new gear because AI has begun to pay off, he said.

Today's show features:

• Jay Goldberg, Senior Analyst, Semiconductors & Electronics with Seaport Research Partners, breaks down Nvidia’s latest earnings report
• Bloomberg Tech Co-Host Ed Ludlow reacts to Nvidia’s results and previews his upcoming conversation with CEO Jensen Huang
• Bloomberg News Big Tech Team Leader Sarah Frier on the impact of Nvidia’s results on the broader outlook for AI spending
• Samuel Sahn, Managing Partner, Portfolio Manager at Hazelview Investments, on his firm’s new white paper detailing is how AI is reshaping asset values, operational models, and investment strategies

See omnystudio.com/listener for privacy information.

Farmgirl Flowers was launched back in 2010 as a one-woman-show when founder and CEO Christina Stembel began working from her dining room table with a vision to change the way people buy flowers online. Her company says its burlap-wrapped bouquets and vase arrangements are "designed to make recipients feel seen, loved, and celebrated."
Now as the company celebrates its 15th anniversary, its leader is doubling down on her commitment to build for growth rather than building to sell. Christina discusses the outlook for her firm, as well as the challenges facing the small business in the current economic environment with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A selloff in the world’s largest technology companies drove stocks to their longest slide since August, underscoring the American market’s narrow reliance on a handful of growth giants.
The S&P 500 lost almost 1%, falling for a fourth straight day. In the run-up to Nvidia Corp.’s results, the shares sank 2.8%. The bar is getting higher for the chipmaker to convince investors that the billions of dollars spent on artificial intelligence will pay off. Its outlook could have significant implications due to the firm’s massive influence on major indexes.
Wall Street has grown increasingly concerned that AI isn’t yet generating enough revenue or profits to justify the massive spending on infrastructure. Microsoft Corp. and Nvidia are committing to invest up to a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.
The S&P 500 dropped to around 6,617, the lowest in more than a month. A gauge of tech megacaps slid 1.8%. A closely watched index of stock volatility — the VIX — hovered near 25.
Bitcoin climbed after briefly dropping below $90,000. The yield on 10-year Treasuries slid two basis points to 4.12%. The dollar wavered.
Today's show features:

• Vance Howard, CEO & Portfolio Manager, Howard Capital Management, on market valuation and AI bubble concerns
• Ellen Wald, President of Transversal Consulting and Senior Fellow at the Atlantic Council, on Saudi Crown Prince Mohammed bin Salman’s White House visit with President Donald Trump
• Dr. Adam Posen, President of the Peterson Institute for International Economics, on the global economic outlook and the US monetary policy impact
• Stephanie Guild, Chief Investment Officer at Robinhood Markets, on the makeup of next-gen retail investors and key trends among female investors who are increasingly coming into greater wealth

See omnystudio.com/listener for privacy information.

Sally Beauty Holdings, Inc. (NYSE:SBH) is a global distributor and retailer of professional beauty products with revenues of $3.7 billion annually. Through the Sally Beauty Supply and Beauty Systems Group businesses, the company sells and distributes through over 4,000 stores, including approximately 132 franchised units, throughout the United States and Puerto Rico, the United Kingdom, Belgium, Chile, France, Canada, Mexico, Ireland, the Netherlands and Germany.

Denise Paulonis has served on the firm's board of directors since May 2018 and was appointed President and Chief Executive Officer in October 2021. She joins to break down her company’s latest quarterly earnings report and examine the health of the American consumer with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Wall Street traders gearing up for Nvidia Corp.’s earnings and the jobs report shunned riskier assets as both events will be key in shaping the global financial outlook throughout the rest of 2025.
Just days ahead of tests of the two main pillars of the bull market — prospects for artificial intelligence and Federal Reserve rate cuts — equities fell alongside crypto. The S&P 500 lost over 1% — breaching a technical level seen by many as a gateway to a deeper pullback. The gauge is set to snap 138 sessions during which it held above its 50-day moving average — its second-longest stretch this century.

Nvidia’s report Wednesday will come out amid investor uneasiness about stratospheric AI valuations even though the chipmaker is widely expected to deliver another earnings beat. Options traders are pricing in a 6.5% swing in either direction for the stock, which would be the highest implied move in a year.

Then there’s the September jobs report, which will be released Thursday after a delay due to the US shutdown. Fed Vice Chair Philip Jefferson said he sees risks to the labor market as skewed to the downside, but warned policymakers need to proceed slowly.

Scrutiny of Walmart Inc. and Target Corp. results will also be heightened as investors seek clues on consumer appetite and the broader economy. More than 400 shares in the S&P 500 fell, with the gauge hovering near 6,650. Nvidia slipped as Peter Thiel’s hedge fund Thiel Macro LLC sold off its entire stake in the chipmaker last quarter. Alphabet Inc. climbed as Warren Buffett’s Berkshire Hathaway Inc. built a $4.9 billion stake in the third quarter.

Today's show features:

• R.C. “Chris” Whalen, Chairman, of Whalen Global Advisors, on the US economic and monetary policy outlook
• Aaron Jagdfeld, Chairman, President and CEO of Generac, on the company's most recent earnings and the health of the American power grid
• Laura Chambers, Chief Executive Officer of Mozilla Corporation on the growing presence of AI in our day-to-day web browsing experience and Internet and data privacy challenges
• Sevasti Balafas, Founder and CEO at GoalVest Advisory on investing strategies amid macro uncertainty

See omnystudio.com/listener for privacy information.

Webflow is an AI-native Website Experience Platform that empowers teams to visually build, manage, and optimize websites that offer both the consumer experience customers expect and the enterprise-grade performance and scale they need. Webflow aims to give users full control over their websites without reliance on engineering, with big-name customers including NCR, Dropbox, Spotify and DocuSign.

Linda Tong, the CEO of Webflow, explains why she sees the web actively splitting into two versions - one for us and one for AI bots, and how companies are adapting and will continue to adapt to maintain traffic to their websites. Linda speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

See omnystudio.com/listener for privacy information.