US Expansion Not Driven By Tariffs: AstraZeneca CFO

5 days ago

Aradhana Sarin, AstraZeneca CFO, says the company is making a significant commitment to the U.S., explaining that the majority of its manufacturing is based in the U.S., which is why it is not being driven by tariffs. She speaks to Romaine Bostick and Scarlet Fu on "The Close." (Source: Bloomberg)

Hashtags

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Amphenol Nears Deal to Buy CommScope's Broadband Unit, WSJ Says

Bloomberg

2 hours ago

Bloomberg

Amphenol Nears Deal to Buy CommScope's Broadband Unit, WSJ Says

Amphenol Corp. is nearing an acquisition of CommScope Holding 's broadband connectivity arm in a deal valued at roughly $10.5 billion including debt, the Wall Street Journal reported on Sunday, citing people with knowledge of the matter. CommScope was exploring a sale of the business — known as CCS — as part of efforts to repay debt, Bloomberg reported in May.

BMW CEO: iX3 Electric SUV Will Be Industry ‘Benchmark'

Bloomberg

3 hours ago

Bloomberg

BMW CEO: iX3 Electric SUV Will Be Industry ‘Benchmark'

BMW Chief Executive Officer Oliver Zipse discusses the new all-eclectic SUV called the iX3. "This will be the benchmark of the industry," he tells Bloomberg's Tom Mackenzie. The sport utility vehicle will be the first of 40 new or updated models that share software, high-performance computers and different design cues. Zipse also comments on how much market share he expects the automaker to take from competitors such as Tesla. (Source: Bloomberg)

Tim Cook reportedly tells employees Apple ‘must' win in AI

Yahoo

4 hours ago

Yahoo

Tim Cook reportedly tells employees Apple ‘must' win in AI

Apple CEO Tim Cook held an hourlong all-hands meeting in which he told employees that the company needs to win in AI, according to Bloomberg's Mark Gurman. The meeting came after an earnings call in which Cook told investors and analysts that Apple would 'significantly' increase its AI investments. It seems he had a similar message for Apple employees, reportedly telling them, 'Apple must do this. Apple will do this. This is sort of ours to grab.' Despite launching a variety of AI-powered features in the past year under the Apple Intelligence umbrella, the company's promised upgrades to its voice assistant Siri have been significantly delayed. And Cook seemed to acknowledge that the company has fallen behind its competitors. 'We've rarely been first,' he reportedly said. 'There was a PC before the Mac; there was a smartphone before the iPhone; there were many tablets before the iPad; there was an MP3 player before iPod.' But in his telling, that didn't stop Apple from inventing the 'modern' versions of those products. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data