Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Stockmovers report, your
Speaker 1: roundup of companies making moves in the stock market, harnessing
Speaker 1: the power of Bloomberg data.
Speaker 2: Too many stocks to choose from today, John Tucker overwhelmed
Speaker 2: with their podcast The Stockmovers, John, what do you have
Speaker 2: to start? Oh, They've been trying to do this for
Speaker 2: a while. Caesar's Entertainment now agreeing to be bought by
Speaker 2: for Tita Entertainment five point seven billion dollars own cash.
Speaker 2: Deal is going to form a massive entertainment empire. If
Speaker 2: this goes through, the Caesars shareholders get thirty one dollars
Speaker 2: this year in cash. This includes a go shop period
Speaker 2: through July eleventh, when Caesar's can weigh other bids. The
Speaker 2: Houston real estate mogul Tilman for Tita has pursued a
Speaker 2: merger of his casino and restaurant business and the Las
Speaker 2: Vegas company for years. This would combine his Landery's Restaurants
Speaker 2: and Golden Nugget properties with Caesar's. Caesar's owns or managed
Speaker 2: fifty two casinos in the US. The takeover, as I say,
Speaker 2: subject to regulatory review. Every Hita maybe forced to shed
Speaker 2: assets to gain approval. He was a prominent donor to
Speaker 2: President Trump's election campaign, also service as the ambassador to Italy.
Speaker 2: The Empire includes the Houston Rockets as well as restaurants
Speaker 2: in New York, a large stick in the betting firm DraftKings.
Speaker 2: So the takeover shoe point zerf before includes eleven point
Speaker 2: nine billion dollars in debt, which is an industry part
Speaker 2: of it. Snowflake, let's do them Flake. What is it?
Speaker 2: This is a software maker and you know you've heard
Speaker 2: all the hype about software getting crushed by AI, so
Speaker 2: of course they have to incorporate AI. At this point,
Speaker 2: it is the most pre active, most active pre market
Speaker 2: and they soared delivered a stronger than a spend an
Speaker 2: annual outlook. They also signed a six billion dollar multi
Speaker 2: year agreement to use the cloud services and chips from Amazon.
Speaker 2: They do make the software that helps organize and analyze
Speaker 2: and store corporate data in the cloud, and as I say,
Speaker 2: they're trying to weave artificial intelligence through the platform. They
Speaker 2: made a new commitment to spend an additional six billion
Speaker 2: dollars on Amazon Web services. This includes the use of
Speaker 2: Amazon's general purpose Graviton processor chips they compete with into
Speaker 2: the graviton. The company is seeing increased demand for its
Speaker 2: main data products at the same time the newer AI
Speaker 2: focused tools there become legitimate businesses. Nine employees, Bozeman, Mondana. Yeah, absolutely,
Speaker 2: sixty billion dollar marketing cap. Nobody was a tie there. Next,
Speaker 2: let's finish with the Mark German story Apple the munch
Speaker 2: anticipated Siri overhaul. This is going to become the centerpiece
Speaker 2: of the next iPhone iPad max software updates, and Bloomberg
Speaker 2: offering the first peak at the new digital assistant. What
Speaker 2: it's going to look like. This is the kind of
Speaker 2: a visual thing, so you have to go online for this.
Speaker 2: The illustrations created by Bloomberg show the revamped Siri interface,
Speaker 2: this is a new chatbox style app, and some of
Speaker 2: the other major iOS twenty seven changes. The company's going
Speaker 2: to announce all this at the June eighth Worldwide Developers Conference.
Speaker 2: And the images here these are based on information viewed
Speaker 2: by Bloomberg, and you know, our sources hasn't been made
Speaker 2: public yet. Apple spokesperson declined into comment. The company, you
Speaker 2: should point out, often tests multiple designs of the features internally,
Speaker 2: so the final version that's going to be introduced to
Speaker 2: the public in June. It could actually change the new
Speaker 2: Siri plan to have a redesign animation so pops out
Speaker 2: of the dynamic island and a search or ask interface
Speaker 2: that opens with a swipe from the tip I am
Speaker 2: not I'm going to downgrade. Actually, this is getting way
Speaker 2: too expensive.
Speaker 1: The Stockmovers report from Bloomberg Radio. Check back with us
Speaker 1: throughout the day for the latest roundup of companies making
Speaker 1: news on Wall Street and for the latest market moving headlines.
Speaker 1: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg
Speaker 1: dot com, and on Applecarplay and Android Auto with the
Speaker 1: Bloomberg Business app.