Tech Rally and Tech Layoffs
Bloomberg Tech14 Dec 2023

Tech Rally and Tech Layoffs

Bloomberg’s Caroline Hyde and Ed Ludlow break down Apple hitting a record, the S&P closing at all-time highs after a dovish Fed signal, and what it all means for the tech rally. Plus, GM’s Cruise slashes 24% of its workforce, and Adobe faces regulatory scrutiny.

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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 Apr 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 Apr 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 Apr 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 Apr 43min

Regulators Warn of New Era of Cyber Risk from AI

Regulators Warn of New Era of Cyber Risk from AI

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s newest AI model Mythos as US officials warn Wall Street that the tool could usher in an era of cyber risk. Plus Roblox CEO Dave Baszucki exp...

13 Apr 43min

Wall Street CEOs Summoned to Discuss Anthropic AI Risks

Wall Street CEOs Summoned to Discuss Anthropic AI Risks

Bloomberg’s Caroline Hyde discusses concerns about cyber risks raised by Anthropic’s newest AI model. US Treasury Secretary Scott Bessent and Federal Reserve Chair Powell summoned Wall Street leaders ...

10 Apr 43min

CoreWeave, Meta Strike $21 Billion for AI Computing

CoreWeave, Meta Strike $21 Billion for AI Computing

Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes...

9 Apr 44min

Tech Stocks Rally on the Back of Ceasefire Deal

Tech Stocks Rally on the Back of Ceasefire Deal

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech...

8 Apr 43min

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