Spotify User Growth, Paramount’s Enhanced Offer | Bloomberg Tech 2/10/2026

Spotify hits record 751 million users

The music streaming giant added a record number of subscribers in Q4, driven by its viral annual 'Wrapped' campaign, sending shares up over 15% for their biggest gain in nearly eight years.

TSMC posts 37% revenue jump

The world's dominant chip manufacturer reported a 37% year-over-year revenue increase for January, with U.S.-listed shares hitting record highs as AI infrastructure spending accelerates.

Alphabet raises $32B in massive bond offering

The company sold $20 billion in U.S. debt and $11 billion in foreign currency bonds, including a rare 100-year note that was 10x oversubscribed at 5.7%, signaling strong creditor confidence in long-term AI investments.

Paramount covers $2.8B WBD breakup fee

Paramount Global enhanced its bid for Warner Bros. Discovery by agreeing to cover the termination fee owed to Netflix and assuming debt refinancing costs, though it maintained the $30 per share offer price.

Shareholder vote looms in March/April

Warner Bros. Discovery is expected to hold a shareholder vote on the competing Netflix deal in mid-to-late March, creating a deadline for Paramount to convince investors its regulatory path is clearer.

Software disruption fears overblown

Piper Sandler analyst Lauren Webster argues enterprise software won't be 'ripped out tomorrow' despite AI disruption, though workflow tooling faces near-term displacement risk while cybersecurity remains a bright spot.

Infrastructure is the immediate play

With hyperscalers projected to spend $4 trillion cumulatively through 2030, investors are prioritizing 'physical AI' including energy, networking, and chip manufacturing over traditional software names.

AI tools target chip design and robotics

Cadence launched an AI agent to accelerate semiconductor engineering, while Alibaba debuted a spatial understanding model for robotics to compete with Google and Nvidia.

Andreessen Horowitz wields AI policy influence

The VC firm has become the 'first call' for Trump administration officials weighing tech policy, with a former partner serving as senior policy advisor, though the firm denies having veto power over decisions.

Stripe delays IPO with $140B tender

The payments fintech arranged a tender offer valuing the company at $140 billion, a $30 billion increase from last year, signaling continued postponement of its public market debut.