Cisco Shares Slump, Coinbase Shares Surge
Bloomberg Tech15 Helmi 2024

Cisco Shares Slump, Coinbase Shares Surge

Bloomberg's Caroline Hyde and Ed Ludlow take a look at Cisco shares under pressure after delivering a disappointing outlook along with plans to cut thousands of jobs. Plus, Coinbase shares surge after receiving an upgrade from JPMorgan ahead of the company's earnings report, and 13F filings reveal hedge funds bought into some of the biggest names in tech in the fourth quarter.

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Tesla Plans Additional $25 Billion in Spending

Tesla Plans Additional $25 Billion in Spending

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk's AI ambitions. Plus, Intel shares jump after the company pledges to sup...

23 Huhti 43min

Google Cloud Debuts New AI Chips

Google Cloud Debuts New AI Chips

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Google Cloud's latest generation of tensor processing units, or TPU, and the Alphabet division’s new partnerships. Plus, a small group of unauthorized u...

22 Huhti 44min

Apple CEO Transition: Hardware, AI, China

Apple CEO Transition: Hardware, AI, China

On this special edition of “Bloomberg Tech,” Caroline Hyde and Ed Ludlow discuss Apple’s CEO transition as the company announces hardware boss John Ternus will take over for Tim Cook on Sept. 1. Plus,...

21 Huhti 38min

Google to Release New AI Chips, Challenging Nvidia

Google to Release New AI Chips, Challenging Nvidia

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Google’s plans for new AI chips focused on inference. Plus, Blue Origin successfully launches and lands a reusable booster for its New Glenn rocket but ...

20 Huhti 43min

Netflix Drops After Worse-Than-Expected Forecast; Hastings Exits

Netflix Drops After Worse-Than-Expected Forecast; Hastings Exits

Bloomberg's Caroline Hyde and Ed Ludlow discuss Netflix's lackluster forecast for the second quarter and co-founder Reed Hastings stepping down after 29 years at the company. Plus, the US government p...

17 Huhti 43min

Anthropic Unveils Updated Opus 4.7 Model

Anthropic Unveils Updated Opus 4.7 Model

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic's updated version of its AI model, Opus 4.7, released just a week after its limited release of Mythos. Plus, Elon Musk is kicking his Terafab ...

16 Huhti 43min

Anthropic Draws Investor Offers at Over $800 Billion Value

Anthropic Draws Investor Offers at Over $800 Billion Value

Bloomberg’s Caroline Hyde and Ed Ludlow discuss why Anthropic has rebuffed investors' efforts to back the company with funding that would value it at more than $800 billion. Plus, Meta expands a multi...

15 Huhti 46min

Amazon to Buy Globalstar for $11.6 Billion

Amazon to Buy Globalstar for $11.6 Billion

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Amazon’s plan to buy satellite operator Globalstar in a $11.6 billion deal. Plus, Lucid's New Incoming CEO, Silvio Napoli, discusses the company’s fresh...

14 Huhti 43min

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