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