Caterpillar, European, and Big Tech Earnings

This episode of Bloomberg Intelligence covers various business stories impacting Wall Street and global markets. The hosts and Bloomberg Intelligence analysts discuss Verizon's earnings and new growth strategies, Boeing's accounting charge and recovery efforts, and the AI-fueled spending surge affecting tech giants like Alphabet, Meta, and Microsoft, as well as heavy machinery companies like Caterpillar. They also analyze UPS's job cuts and cost-saving measures, the impact of tariffs, and trends in European earnings, including the influence of AI and the rise of European defense companies. Additionally, the podcast explores the future of the workforce in the age of AI, discussing how companies are adapting to the changing landscape and the challenges of training future talent.