Tech Stocks Jump and Musk Pitches Himself to Trump
Bloomberg Tech13 Aug 2024

Tech Stocks Jump and Musk Pitches Himself to Trump

Bloomberg's Caroline Hyde and Ed Ludlow break down tech stocks jumping on cooling inflation, though Citi strategists still see risks of a sell-off. Plus, Elon Musk pitches himself as government spending tzar in an hours-long, glitchy Spaces on X with Former President Trump.

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Oracle Slides by Most Since January on Mounting AI Spending

Oracle Slides by Most Since January on Mounting AI Spending

Oracle falls after reporting a jump in spending on AI data centers and other equipment. Plus, Disney agrees to invest $1 billion in OpenAI and license characters for use on the Sora generative video p...

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SpaceX Said to Pursue 2026 IPO

SpaceX Said to Pursue 2026 IPO

Bloomberg’s Ed Ludlow discusses how SpaceX is targeting an IPO next year, with the goal of raising far beyond $30 billion, the most in history. Plus, Meta makes a pivot on open-source models, and Nvid...

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Nvidia Wins US Approval to Sell H200 Chips to China

Nvidia Wins US Approval to Sell H200 Chips to China

Bloomberg’s Caroline Hyde and Ed Ludlow discuss President Trump’s decision to allow Nvidia to ship its H200 AI chip to China, in exchange for a 25% surcharge. Plus, the battle for Warner Bros. heats u...

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Paramount Makes Hostile Bid for Warner Bros. Discovery

Paramount Makes Hostile Bid for Warner Bros. Discovery

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Paramount Skydance’s $30 per share bid for Warner Bros. Discovery that comes just days after the company agreed to a deal with Netflix. Plus, President ...

9 Des 202543min

Targeting IgA Nephropathy (Sponsored Content)

Targeting IgA Nephropathy (Sponsored Content)

Rachel Benton is a loving mother to an adorable 2-year-old boy named Stetson. Stetson doesn’t know it, but he may have already saved his mom’s life. A routine medical checkup, that Rachel only had bec...

7 Des 202518min

Netflix to Buy Warner Bros. in $72 Billion Cash, Stock Deal

Netflix to Buy Warner Bros. in $72 Billion Cash, Stock Deal

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Netflix’s agreement to buy Warner Bros. Discovery after it completes the planned spinoff of its cable channels. Plus, the European Union Ambassador to t...

5 Des 202542min

Meta Stock Surges on Plans for Metaverse Cuts

Meta Stock Surges on Plans for Metaverse Cuts

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Meta’s plan to cut resources for building its metaverse, the virtual world that Mark Zuckerberg once framed as the future of the company. Plus, Nvidia C...

5 Des 202542min

Tech Left Behind in S&P 500’s Latest Rebound

Tech Left Behind in S&P 500’s Latest Rebound

Bloomberg’s Caroline Hyde digs into anxieties and losses coming from the Magnificent 7 as big tech stocks lag the wider market. Plus, Okta CEO Todd McKinnon discusses the software maker’s earnings as ...

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