Meta & Amazon Surge; Apple Falls on China Concerns

Meta & Amazon Surge; Apple Falls on China Concerns

On today's podcast:

1) Meta Platforms Inc. and Amazon.com Inc. spent 2023 cutting costs and re-focusing their businesses. It was a strategy that upended the lives of tech workers in Seattle and Silicon Valley, but appears to have paid off handsomely for investors who are likely to continue reaping benefits.

2) Apple Inc.’s latest quarterly results triggered investor fears that the company is losing clout in China, a long-prized market that generates roughly a fifth of its sales.

3) A monthly US jobs report due Friday will probably show a slower pace of hiring in 2023 following annual revisions, according to Bloomberg Economics.

See omnystudio.com/listener for privacy information.

Episoder(1605)

Guthrie Investigation Intensifies; Ten Dead in Canada School Shooting

Guthrie Investigation Intensifies; Ten Dead in Canada School Shooting

Today's top stories, with context, in just 15 minutes. On today's podcast:1) An individual who the authorities described as a person of interest has been taken into custody regarding the disappearance...

11 Feb 15min

Memory Chip Squeeze Widens Gap; Alphabet's Global Debt Binge

Memory Chip Squeeze Widens Gap; Alphabet's Global Debt Binge

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The relentless surge in memory chip prices over the past few months has driven a vast divide between winners and losers in t...

10 Feb 15min

Seahawks Win Super Bowl; China to Curb US Treasury Exposure

Seahawks Win Super Bowl; China to Curb US Treasury Exposure

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Seattle Seahawks won their second Super Bowl title on Sunday, beating the New England Patriots by a score of 29-to-13 at...

9 Feb 16min

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to S jobs and CPI data, along with a focus on 3 sto...

6 Feb 38min

Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip

Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Amazon.com shares tumbled in premarket trading on Friday after the e-commerce and cloud-computing company’s $200 billion ann...

6 Feb 16min

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, ami...

5 Feb 15min

Government Shutdown Ends; New Iran Negotiations

Government Shutdown Ends; New Iran Negotiations

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The partial US government shutdown ended late Tuesday after President Trump signed into law a funding deal he negotiated wit...

4 Feb 15min

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Republican opposition to President Trump’s deal with Democrats to end the partial US government shutdown began to crumble la...

3 Feb 15min

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