Romaine Bostick
Bloomberg Television anchor and CFA charterholder who co-hosts Bloomberg Markets: The Close from New York and helps lead cross-asset financial-market coverage across Bloomberg News platforms.
IBM Says Delayed Capex, Not Demand Loss, Cut Its Outlook
IBM’s reduced outlook reflects delayed capital spending by some large customers rather than a loss of demand, CEO Arvind Krishna told Bloomberg, citing deals that slipped late in the quarter and have begun to return. He argues that IBM can offset continued capex pressure by directing resources toward recurring software and distributed infrastructure, while the mainframe remains competitive for workloads where its security, resilience and burst capacity make it cheaper to run. Krishna’s longer-term case is that enterprise technology budgets will continue taking a larger share of spending, with quantum computing a separate, more distant growth bet.
Apple Explores Intel and Samsung for U.S. Chip Production
Mark Gurman said Apple has held early talks with Intel and Samsung about using new U.S. fabs to make future A-series and M-series processors, an exploratory move he framed as a supply-chain redundancy question rather than only a political one. Apple still relies heavily on TSMC, primarily in Taiwan, and Gurman described that geographic and supplier concentration as one of the company’s biggest risks. Across the rest of the broadcast, executives and analysts described a similar shift from exposure to execution: AI companies are giving Washington early model access for review, while enterprise adoption is being tested by security, deployment cost and proprietary data advantages.