Cisco Slips and Walmart Rises Post-Earnings
Bloomberg Tech16 Maj 2024

Cisco Slips and Walmart Rises Post-Earnings

Bloomberg's Caroline Hyde and Ed Ludlow break down Cisco earnings sending shares sliding after analysts dubbed its outlook conservative. Plus, Walmart posts a big jump in its online business, and Perplexity discusses growing competition in the search space.

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Instant Reaction: Apple Names John Ternus Next CEO, Tim Cook Becomes Chairman

Instant Reaction: Apple Names John Ternus Next CEO, Tim Cook Becomes Chairman

Apple named hardware chief John Ternus as the iPhone maker’s next leader, with Chief Executive Officer Tim Cook shifting to the role of executive chairman.Ternus, 50, will become CEO on Sept. 1, the c...

20 Apr 19min

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 Apr 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 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

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