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Aug 16, 2022
08/22
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chang. ♪ emily: i am emily chang. this is bloomberg technology. coming up, meme stock mania is back. bed, bath & beyond surges in defiance of wall street as retail investors get a second wind. i checked with the ceo of stocktwits. you know who else is back? adam neumann. the we work founder who lost billions for investors. he has just raised money yet again, getting his biggest check ever written. silicon valley's watercooler is abuzz. we will take you there. tech companies like microsoft and amazon have pledged to go green. critics say they are also helping big oil prolong the fossil fuel age. first, let's get a look at the markets. as investors by the debt. kristine aquino joins us. >> it is another classic summer trading day. low volumes, not a lot of big moves. let's look at the nasdaq. we did see when poplar -- price action. it did take a dive in the midmorning and it looked like it was about to clawback in the afternoon. not enough, and we are seeing it finish higher on the day, up more than 2.6%. good news from
chang. ♪ emily: i am emily chang. this is bloomberg technology. coming up, meme stock mania is back. bed, bath & beyond surges in defiance of wall street as retail investors get a second wind. i checked with the ceo of stocktwits. you know who else is back? adam neumann. the we work founder who lost billions for investors. he has just raised money yet again, getting his biggest check ever written. silicon valley's watercooler is abuzz. we will take you there. tech companies like microsoft...
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Aug 3, 2022
08/22
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emily: i'm emily chang in san francisco. coming up in the next hour, summer travel sting airbnb to a record expectations are even higher for the quarter. michael saylor and the next chapter, stepping down as ceo to focus on, wait for it, more bitcoin. he joins us later to tell us why he's making move in a continuing crypto winter. despite inflation pressure, a bad news trend got bucked. competitors like robin hood are starting a massive round of layoffs. first, tech and biotech surging from paypal and moderna. i want to bring in ed ludlow, bad news from walmart after the bell. ed: earnings were good when i first came in, looking at the screen now, a lot of red. strong quarters, strong outlooks, back to pre-pandemic levels, the stock down 4% though , something spooking investors. saying they will only build between 6000 and 7000 vehicles, we started this year at 20,000 vehicles with supply chains for the ev maker, half of a strong quarter with a strong outlooks showing a strong strategy of higher rent for collectibles is payi
emily: i'm emily chang in san francisco. coming up in the next hour, summer travel sting airbnb to a record expectations are even higher for the quarter. michael saylor and the next chapter, stepping down as ceo to focus on, wait for it, more bitcoin. he joins us later to tell us why he's making move in a continuing crypto winter. despite inflation pressure, a bad news trend got bucked. competitors like robin hood are starting a massive round of layoffs. first, tech and biotech surging from...
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Aug 5, 2022
08/22
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this is bloomberg technology with emily chang. ♪ emily: i emily chang in san francisco. this is bloomberg technology. lyftlyft coming up in the next hour, more than double the jobs forecast added in july. i will ask -- i will ask the ceo of lift. years of unprecedented rent demand. and heart created by -- art created by computer. a much better than expected jobs important, the market ending the week with surprising good news despite bad news from tech companies about layoffs. ed ludlow joining us. happy friday. ed: happy friday after a busy week, and earnings heavy week. data friday, u.s. employers adding five hundred 28,000 jobs the month of july, more than double the estimate. a strong, tight labor market. the s&p 500 is down .2%. tech is the underperformer, down .8%. the idea is that the jobs market is much more robust and therefore the fed will continue to raise interest rates because the economy can withstand it. but wage data also comprised the upside, the idea that wage data means we will have sustained inflation. that seems to be the psychology of the market on f
this is bloomberg technology with emily chang. ♪ emily: i emily chang in san francisco. this is bloomberg technology. lyftlyft coming up in the next hour, more than double the jobs forecast added in july. i will ask -- i will ask the ceo of lift. years of unprecedented rent demand. and heart created by -- art created by computer. a much better than expected jobs important, the market ending the week with surprising good news despite bad news from tech companies about layoffs. ed ludlow...
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Aug 30, 2022
08/22
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i'm emily chang in san francisco. it is the third back-to-school season since the pandemic bennett how we if,, work and learn--since the pandemic upended how we live, work, and learn. the number of students applying to u.s. colleges is in decline. enrollment is 20% less than it was in 2016. president biden's student loan relief is one example of the government's response to high tuition costs and growing guide. companies are facing college shortages, creating more demand for affordable education. the scoping companies --that is helping companies that puts students with credentials forward. here to discuss the future of education technology, jeff, thank you so much for joining us. a lot unpack here. tell us about the trends you are seeing and what that signals about changes in higher education and learning in the last two and half years. >> yes, the world has been changing rapidly, emily, and what we have seen is pre-pandemic, a lot of emphasis on learning digital skills. people realize there are good jobs with good co
i'm emily chang in san francisco. it is the third back-to-school season since the pandemic bennett how we if,, work and learn--since the pandemic upended how we live, work, and learn. the number of students applying to u.s. colleges is in decline. enrollment is 20% less than it was in 2016. president biden's student loan relief is one example of the government's response to high tuition costs and growing guide. companies are facing college shortages, creating more demand for affordable...
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Aug 31, 2022
08/22
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chang. >> i am emily chang in san francisco and this is bloomberg technology. elon musk is asking for the twitter tried to be pushed back after a recent allegation about the company's security and he is changing his complaint. will that help or hurt his case? plus, we are learning more about the early years of youtube. for 12 years, the site was a refuge from sensors and corporate overlord. it was also a founding spot for terrorists. and the pandemic changed how we live, work and learn. more students are accessing online learning with fewer people going to college. we will launch our education tech series in the next hour. we will look at the -- >> it is starting to look like convection. they are closing in on a third straight day of losses. the s&p 500 is off by more than 1%. it was the chips that led losses and filled out the semiconductor index by 1.3% again. all of this as treasury yields rose. this means the fed will keep hiking. even the meme stocks fell victim to what we saw in the broader equity market. they are still up over 20% over the past three day
chang. >> i am emily chang in san francisco and this is bloomberg technology. elon musk is asking for the twitter tried to be pushed back after a recent allegation about the company's security and he is changing his complaint. will that help or hurt his case? plus, we are learning more about the early years of youtube. for 12 years, the site was a refuge from sensors and corporate overlord. it was also a founding spot for terrorists. and the pandemic changed how we live, work and learn....
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Aug 15, 2022
08/22
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i am emily chang in san francisco. this is bloomberg. ♪ millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on their wireless bill. and all of those millions are on the nation's most reliable 5g network and most recommended wireless carrier. that's a whole lot of happy campers out there. and it's never too late to join them. get $450 off any new purchase of an eligible samsung device with xfinity mobile. or add a line to your plan today at xfinitymobile.com >>
i am emily chang in san francisco. this is bloomberg. ♪ millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on their wireless bill. and all of those millions are on the nation's most reliable 5g network and most recommended wireless carrier. that's a whole lot of happy campers out there. and it's never too late to join them. get $450 off any new purchase of an eligible samsung device with xfinity mobile. or add a line to your plan...
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Aug 8, 2022
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emily: i am emily chang in san francisco and this is "bloomberg technology." coming up, nvidia misses revenue, a sign that electronics might be drawing up after just drawing up after a pandemic boom -- might be drying up after the pandemic boom. why the iphone maker has slowed down its buying spree despite a 170 $9 billion war chest. his facebook really the underdog now? are we underestimating it? we will count the ways in which tiktok does not come close to meda. all of that in a moment but first i want to get a look at the markets. and bloomberg's ed ludlow here with the latest. we started the week with a whimper. ed: a lot of red on the screen. the main gauge of equities down a 10th of 1%. we have been higher as much as 1%. information technology, the biggest dragger, nasdaq town for the second straight section. semi conductors, you're right, poor earnings from nvidia dragging down the philadelphia semiconductor index. stop down 1.6%. interesting though, there are always bright spots, pockets of opportunities and the biotech index is up. a lot of m&a, which
emily: i am emily chang in san francisco and this is "bloomberg technology." coming up, nvidia misses revenue, a sign that electronics might be drawing up after just drawing up after a pandemic boom -- might be drying up after the pandemic boom. why the iphone maker has slowed down its buying spree despite a 170 $9 billion war chest. his facebook really the underdog now? are we underestimating it? we will count the ways in which tiktok does not come close to meda. all of that in a...
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Aug 11, 2022
08/22
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chang. ♪ emily: i am emily chang "bloomberg technology in service go and this is "bloomberg technology." coming up the next hour pinterest gets ready, joining us for an exclusive interview with what he has learned after 30 days on the job, and the action plan to evolve the social commerce platform in the face of tough macro conditions. we will be talking with outgoing ceo jason gardner as -- looking for his or her placement as fintech -- saying he is no longer the right person to run the coming for the next phase of growth. who is javier? the facebook veteran is now meadows new coo, why he is being called the anti-cheryl. let's look at the markets, it seemed to rally yesterday but maybe went a little too far. what are investors thinking? >> there was a day that lacked any sort of nature catalyst. -- major catalyst. a lot of the red on the screen and the equity market has been higher, it turned a corner the nasdaq 100 down .7%. apple who really zeroed in on apple right now, such a significant impact on the market given its waiting on the major indices and that has been the topic of disc
chang. ♪ emily: i am emily chang "bloomberg technology in service go and this is "bloomberg technology." coming up the next hour pinterest gets ready, joining us for an exclusive interview with what he has learned after 30 days on the job, and the action plan to evolve the social commerce platform in the face of tough macro conditions. we will be talking with outgoing ceo jason gardner as -- looking for his or her placement as fintech -- saying he is no longer the right person...
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Aug 17, 2022
08/22
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chang. ♪ emily: i'm emily chang in san francisco and this is bloomberg technology. it is a date. apple's next big product unveiling is set for september 7 according to bloomberg sources. details on the new mac, ipad, and iphone. plus, meta-rolls out its old playbook for a new round of midterm elections. we talk about whether it is enough to fight the latest trends in misinformation and disinformation. and record revenues in shipping, but seeing a slowdown. i ask a ceo if he shares that sentiment. first, we look at the markets. u.s. stocks falling for the first time in four days. christine? christine: it is fed minutes day and we got another reminder that more rate hikes are coming. that means higher yields and bad news for tech. let's look at the broad tech sector. the nasdaq 100 and the faang indexes falling for a second straight day, falling more than 1%. it has been a week since we have seen declines of that magnitude. we are seeing asset rotation here. we are hearing from investors that they are preparing to load up with treasuries as they are getting to the che
chang. ♪ emily: i'm emily chang in san francisco and this is bloomberg technology. it is a date. apple's next big product unveiling is set for september 7 according to bloomberg sources. details on the new mac, ipad, and iphone. plus, meta-rolls out its old playbook for a new round of midterm elections. we talk about whether it is enough to fight the latest trends in misinformation and disinformation. and record revenues in shipping, but seeing a slowdown. i ask a ceo if he shares that...
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Aug 12, 2022
08/22
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chang. ♪ emily: i am emily chang in from san francisco, and this is "bloomberg technology." coming up the next hour, pinterest gets ready, joining us for an exclusive interview with the new ceo joins us to share what he has learned after 30 days on the the job in the face of tough macro conditions and eight changed taco landscape. an outgoing ceo jason gardner is looking for his replacement, as fintech faces rising credit card debt and consumers under pressure. he says he is no longer the right person to run the company for the next phase of growth. and this is now meta's new chief operating office. what he's been called the anti-sheryl sandberg. all that in a moment. first i want to get a look at markets. they seem to rally yesterday, but maybe a little too far. the fed is on track to stay aggressive about fighting inflation, but what are investors thinking? ed: there is a lot of red on that screen, but equity markets have been higher and then they turned a corner. the nasdaq 100 down 0.7%. it coincided with a push higher in yields, u.s. 10-year yield raising 11 basis point
chang. ♪ emily: i am emily chang in from san francisco, and this is "bloomberg technology." coming up the next hour, pinterest gets ready, joining us for an exclusive interview with the new ceo joins us to share what he has learned after 30 days on the the job in the face of tough macro conditions and eight changed taco landscape. an outgoing ceo jason gardner is looking for his replacement, as fintech faces rising credit card debt and consumers under pressure. he says he is no...
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Aug 2, 2022
08/22
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emily: i'm emily chang in san francisco. this is bloomberg technology. coming up in the next hour, it looks like we are in for a busy holiday travel season. airbnb preparing a massive share buyback, anticipating the best revenue in the company's history. we will get into the details. huber shares soaring almost 19%. i conversation with the ceo about the shift in demand and supply and whether uber is, as he says, recession proof. and the results are -- bloomberg surveyed more than 1500 investors about the musk-twitter saga and only one in four believe the world's richest man will end up shelling out the $44 billion. we will talk about the implications for musk, twitter, and tesla. a big swing through the trading session as house speaker nancy pelosi arrives in taiwan and the fed signals more rate hikes to come until inflation is under control. ed ludlow is here to walk us through the day and a lot of earnings. ed: airbnb down almost 9%. kind of a mixed bag. bookings came in softer than expected but expectations are very high. outlook for travel demand loo
emily: i'm emily chang in san francisco. this is bloomberg technology. coming up in the next hour, it looks like we are in for a busy holiday travel season. airbnb preparing a massive share buyback, anticipating the best revenue in the company's history. we will get into the details. huber shares soaring almost 19%. i conversation with the ceo about the shift in demand and supply and whether uber is, as he says, recession proof. and the results are -- bloomberg surveyed more than 1500 investors...
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Aug 26, 2022
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chang. ♪ emily: i'm emily chang in san francisco, and this is "bloomberg technology." coming up in the next hour, a judge tells peter to give musk the data about bots that he has been asking for, but also because elon musk's requests absurdly broad. more on that in a moment. plus, return is going all in on content, after reporting a huge loss, the brand leaning into its digital app, adding a new subscription tiers including a premium version. we will talk about the pivot from hardware. and, gen z isn't about the corporate life. half of the respondents in a new survey say they are trying to make money creating content for social media instead. will it work? first let's get a check of the markets with bloomberg's katie greifeld. katie: it was a big rally, at least one more big rally before the big dance tomorrow, of course, jerome powell taking the stage at jackson hole. stocks were none too perturbed. the s&p 500 went higher, the nasdaq as well. a lot of the action was in the chinese tech stocks. that etf that tracks the china technology sector rallying almost 4%. let m
chang. ♪ emily: i'm emily chang in san francisco, and this is "bloomberg technology." coming up in the next hour, a judge tells peter to give musk the data about bots that he has been asking for, but also because elon musk's requests absurdly broad. more on that in a moment. plus, return is going all in on content, after reporting a huge loss, the brand leaning into its digital app, adding a new subscription tiers including a premium version. we will talk about the pivot from...
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Aug 17, 2022
08/22
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chang. >> i am emily chang in san francisco and this is bloomberg technology. coming up, meme stock mania is back. bed, bath & beyond surges. all of this as retails -- retailers get a second wind. we will talk about how social media is impacting this. do you know who else is back? adam neumann. he just raised money again, getting the biggest check ever written. silicon valley possible article is all abuzz. we will take you there. big tech companies have pledged to go green. critics say they are also helping big oil prolong the fossil fuel age. we will tell you how. >> it is another classics, trading day again. no -- not a whole moves. let's look at the nasdaq year. it did take a dive in the midmorning. it is looking like it was about to claw that back in the afternoon session. not enough. this is finishing higher on the day. we did see a lot of investors bringing back these big tech names. it is a sign that some of those massive declines we saw in the first half of the are finally making some of these big tech meme stocks deep enough for investors to buy but it
chang. >> i am emily chang in san francisco and this is bloomberg technology. coming up, meme stock mania is back. bed, bath & beyond surges. all of this as retails -- retailers get a second wind. we will talk about how social media is impacting this. do you know who else is back? adam neumann. he just raised money again, getting the biggest check ever written. silicon valley possible article is all abuzz. we will take you there. big tech companies have pledged to go green. critics...
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Aug 31, 2022
08/22
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chang. ♪ emily: this is bloomberg technology. coming up, as snap to the list of big tech names laying off hundreds of workers. two execs leave for netflix. the slowdown in revenue growth being felt across the industry. netflix turning to ads as the answer. our conversation with joe wrote -- a conversation with joe rogan. the tough reality is that -- hasn't changed much since facebook are popular in 2014. people are simply not that into it. we continue our tech series after a new poll shows less than half of americans support president biden's student relief plan. we checked with the ceo of a textbook maker who thinks and fts could be a new revenue stream. the -- let's look at the market. stocks ending a turbulent month on the download. katie greifeld with us for more. katie: two straight days we have opened in the green. two straight days u.s. stocks finish in the red. today, the s&p 500 down .8%. big tech closing down, not as down, but .6%. arc innovation etf, the poster child for speculation, relative outperformer today. still
chang. ♪ emily: this is bloomberg technology. coming up, as snap to the list of big tech names laying off hundreds of workers. two execs leave for netflix. the slowdown in revenue growth being felt across the industry. netflix turning to ads as the answer. our conversation with joe wrote -- a conversation with joe rogan. the tough reality is that -- hasn't changed much since facebook are popular in 2014. people are simply not that into it. we continue our tech series after a new poll shows...
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Aug 10, 2022
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emily: i'm emily chang in san francisco. this is “bloomberg technology.” coming up in the next hour, a big miss for coinbase on revenue and earnings, total assets plunging by 63%. my conversation with the coo after the numbers crossed this hour. plus, just as the u.s. signs a chip act into law, on the brink of a major slowdown. we will discuss. and would you subscribe to an electric car then own one? we will talk to the founder of an ev rental company that allows customers to reserve their own tesla in just minutes. tech stocks dragging the markets down, big concerns about chips. ed ludlow is here with all the details. ed: certainly the center of my concern -- micron, the latest chipmaker to give a signal of rapidly falling demand. stocks down 4.6%, the biggest drop since june. wider ramifications of the equity markets. pulling down the nasdaq 100, micron down 3.7%. look at the philadelphia semiconductor index and nasdaq 100 side-by-side. coming off our june and july lows, things have really changed. nvidia, micron, intel all adding to the same picture --
emily: i'm emily chang in san francisco. this is “bloomberg technology.” coming up in the next hour, a big miss for coinbase on revenue and earnings, total assets plunging by 63%. my conversation with the coo after the numbers crossed this hour. plus, just as the u.s. signs a chip act into law, on the brink of a major slowdown. we will discuss. and would you subscribe to an electric car then own one? we will talk to the founder of an ev rental company that allows customers to reserve their...
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Aug 16, 2022
08/22
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chang. ♪ emily: i am emily chang, and this is "bloomberg technology." coming up in the next build your hour, own bikes. as peloton looks to cut costs, the company is planning a redesign so customers can assemble their own bikes at home. will customers spin for it? we discuss. plus, activist investor dan loeb is calling for changes at disney. details on his new stake, and why he is urging a spinoff of espn. and, how google maps routinely misleads people searching for abortion clinics. why, and why it is ever more critical in a post-roe world. more on our bloomberg analysis later this hour. we will get to that in a moment. first, stocks rising for a second trading day in a row. nasdaq outperforming with tesla, apple, microsoft and nvidia leading the gains. kristine aquino joins us for more. >> we started the week with bad news out of china, coming in the form of a surprise rate cut. after some big misses in july, but you really would not know that just looking at the price action in the u.s. equity market today. it is green across the board, the s&p 500 0
chang. ♪ emily: i am emily chang, and this is "bloomberg technology." coming up in the next build your hour, own bikes. as peloton looks to cut costs, the company is planning a redesign so customers can assemble their own bikes at home. will customers spin for it? we discuss. plus, activist investor dan loeb is calling for changes at disney. details on his new stake, and why he is urging a spinoff of espn. and, how google maps routinely misleads people searching for abortion...
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Aug 11, 2022
08/22
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emily: i am emily chang in san francisco and this is bloomberg technology. vacations are back. disney parks have a blowout quarter and screaming subscribers beat with revenue up 70%. more on earnings in just a moment. plus, elon musk sells more tesla shares. i will speak with one of his long-time friends, david sachs who has been subpoenaed by twitter ahead of the trial. and of the key metric for roadblocks sent shares tumbling. overall bookings are unexpectedly dropping in the second quarter. what does that tell us about the making of the metaverse? dave will join me one-on-one. let's get a look at the market tech stocks jumping after data showed inflation decelerated in july. ed ludlow here with the big moves. >> uscp i, a .5% gain in july there. the estimate was 8.7%. decelerating inflation. cooler than expected inflation. outperforming the s&p 500. the broader index. it is worth noting the technology and information and communication sectors on the s&p 500 were among the best-performing. they have dropped by the most since june. on tuesday, a narrative around changing deman
emily: i am emily chang in san francisco and this is bloomberg technology. vacations are back. disney parks have a blowout quarter and screaming subscribers beat with revenue up 70%. more on earnings in just a moment. plus, elon musk sells more tesla shares. i will speak with one of his long-time friends, david sachs who has been subpoenaed by twitter ahead of the trial. and of the key metric for roadblocks sent shares tumbling. overall bookings are unexpectedly dropping in the second quarter....
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Aug 19, 2022
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it could still change. emily: what will change once the merge happens? >> basically, what will change is the power consumption of the ethereum network. it will decline by more than 99%. today, transactions on the network are ordered by computers called miners that take up a lot of energy. after the upgrade, it's going to be done differently in a much more energy efficient way. >> what are the implications for other blockchains? >> some of the older blockchains still use miners, these power-hungry computers might be more likely to switch something more environmentally friendly. the newer blockchains already use a similar technology to what ethereum is moving to. i think we will see more investments into this type of blockchain. emily: lots to continue to watch. we will tune in on september 15. coming up, $100 million, $200 million or more. how the pay received by the top ceos are reaching incredible highs, many of them in tech. this is bloomberg. ♪ emily: nine figure paychecks once a rarity are now proliferating despite critics on capitol hill and beyon
it could still change. emily: what will change once the merge happens? >> basically, what will change is the power consumption of the ethereum network. it will decline by more than 99%. today, transactions on the network are ordered by computers called miners that take up a lot of energy. after the upgrade, it's going to be done differently in a much more energy efficient way. >> what are the implications for other blockchains? >> some of the older blockchains still use...
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Aug 22, 2022
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emily: i'm emily chang in san francisco. this is bloomberg technology. coming up in the next hour, elon musk subpoenas former twitter ceo jack dorsey. what could he say that could help must get out of the deal? we will discuss. time regulation in line for a big vote in congress, but it seems to be sidelined in the midst of a worsening economy and the war in ukraine. representative david chris lany, chair of the house antitrust subcode he joins us. digital medicine gets real. the maker of an fda approved videogame that treat adhd goes public via spac today. all of that in a moment, but first let's get a look at the markets. katie greifeld is with us here now. katie: not a great day if you are a stock bull today. as you can see, a down day on wall street. the s&p 500 and nasdaq both off more than 2%, but it was the semiconductors that bore the brunt of the selling pressure. index down 4% or so. bitcoin back down to around 21,000 dollars a coin. i remember when it was at 24 west week, seems like a long time ago as we count down to jackson hole. how hawkish
emily: i'm emily chang in san francisco. this is bloomberg technology. coming up in the next hour, elon musk subpoenas former twitter ceo jack dorsey. what could he say that could help must get out of the deal? we will discuss. time regulation in line for a big vote in congress, but it seems to be sidelined in the midst of a worsening economy and the war in ukraine. representative david chris lany, chair of the house antitrust subcode he joins us. digital medicine gets real. the maker of an fda...
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Aug 2, 2022
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chang. ♪ emily: i am emily chang in san francisco and this is "bloomberg technology." coming up the next hour, pinterest shares soaring after-hours. a forecast for modest growth in the coming quarter. more on the future of pinterest in the social and e-commerce landscape under its new ceo in a moment. plus the future of big tech antitrust may be getting closer. over the next hour, we will explore the american innovation and choice act, and how this could be the bill that gets enough bipartisan support to put big tech in its place. and how do you balance innovation and regulation when it comes to crypto? we will ask the former assistant doj attorney general where he weighs in on this rapidly evolving debate. all of that in a moment. first, i want to get a look at the markets. another big earnings surprise after hours. ed ludlow is here with the after hour numbers from pinterest. ed: i see you rubbing your eyes, do not adjust your tv set. this is right. pinterest is up 20% in after-hours. a modest beat on users in the quarter, a modest beat on the top line, and they are
chang. ♪ emily: i am emily chang in san francisco and this is "bloomberg technology." coming up the next hour, pinterest shares soaring after-hours. a forecast for modest growth in the coming quarter. more on the future of pinterest in the social and e-commerce landscape under its new ceo in a moment. plus the future of big tech antitrust may be getting closer. over the next hour, we will explore the american innovation and choice act, and how this could be the bill that gets enough...
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Aug 5, 2022
08/22
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chang. ♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, highest earnings in history as some companies had full recovery from pandemic ny -- why supplies seems to finally be meeting demand and coinbase with a deal through blackrock reinforcing crypto status on wall street and is the crypto winter starting to thaw? we will discussed. 40% of food in the u.s. goes uneaten. we will chat with a startup using ai to prevent from going waste. a choppy day of trading as tech earnings continue outperforms at the close. ed ludlow is here with the latest numbers crossing after. ed: doordash and lyft, beating on the top and bottom lines and in the face of inflation, consumers are still getting take out and it's a good sign for a company like doordash. the company likes what it sees, paring their post-market gains around 22%. you said it. lyft with record profit, ridership up strongly. experiencing the same things uber did earlier in the week that the difference being that lyft has done comprehensive cost-cutting that appears to have paid off.
chang. ♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, highest earnings in history as some companies had full recovery from pandemic ny -- why supplies seems to finally be meeting demand and coinbase with a deal through blackrock reinforcing crypto status on wall street and is the crypto winter starting to thaw? we will discussed. 40% of food in the u.s. goes uneaten. we will chat with a startup using ai to prevent from going waste. a choppy...
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Aug 23, 2022
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don't forget to check out our podcast, i'm emily chang in san francisco, this is bloomberg. ♪ manus: this is bloomberg daybreak: europe it least. our top stories this
don't forget to check out our podcast, i'm emily chang in san francisco, this is bloomberg. ♪ manus: this is bloomberg daybreak: europe it least. our top stories this
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Aug 24, 2022
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chang. >> i am emily chang in san francisco and this is bloomberg technology. elon musk might have a whistleblower on his side. the former said -- former head of security of twitter says there are major deficiencies in how the company handles personal data and doesn't even know how many bots there are. lawmakers have vowed to investigate how this played into the $44 billion lawsuit. plus, zooms transition from an essential pandemic tool to enterprise business juggernaut may take longer than suspected. the cfo joins us and us -- joins us this hour. and meta-art about the ftc's lawsuit via a tweet. could this be the new norm under the new chair? we will get to all of that in a moment but first, katie is with us. walk me through the day. >> it was a pretty mixed bag overall. the s&p 500, the nasdaq falling slightly. just a few tenths of a percent. then you look at the semiconductor index. a big outperformer today. of 7/10 of a percent. you look at some of the speculative corners of the market. we have the arch innovation etf. all of this as we sort of way for the
chang. >> i am emily chang in san francisco and this is bloomberg technology. elon musk might have a whistleblower on his side. the former said -- former head of security of twitter says there are major deficiencies in how the company handles personal data and doesn't even know how many bots there are. lawmakers have vowed to investigate how this played into the $44 billion lawsuit. plus, zooms transition from an essential pandemic tool to enterprise business juggernaut may take longer...
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Aug 19, 2022
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emily: i'm emily chang in san francisco. coming up in the next hour, for the first time ever, streaming cox cable with u.s. viewers watching more net netflix, hulu and disney plus then cable television. we begin with a historic change in entertainment and how far the wave will go. venture capitalist who claims apple is the greatest it has been today, why he thinks regulators are losing, while shaking meta- and amazon. it could be the fire festival travel, we tell you about the luxury trip planner that blew up during covid, starting with big concerts canceled, then things spiraled out of control. we will get to all of that in a moment. stocks sliding, including bed, bath & beyond after investors learned: officially shared its stake. katie with more. unhappy with the ryan cowan. >> not happy at all. what happened with bed, bath & beyond feeds into what we saw when you look at the broad markets, the nasdaq 100 your big tech index falling 2% today. that was not the worst of it. if you look at the philadelphia semiconductor index
emily: i'm emily chang in san francisco. coming up in the next hour, for the first time ever, streaming cox cable with u.s. viewers watching more net netflix, hulu and disney plus then cable television. we begin with a historic change in entertainment and how far the wave will go. venture capitalist who claims apple is the greatest it has been today, why he thinks regulators are losing, while shaking meta- and amazon. it could be the fire festival travel, we tell you about the luxury trip...
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Aug 23, 2022
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i'm emily chang in san francisco. this is bloomberg. ♪ haidi: welcome to daybreak australia. annabelle: we are counting down to the major market opens. shery: the top stories this hour. oss
i'm emily chang in san francisco. this is bloomberg. ♪ haidi: welcome to daybreak australia. annabelle: we are counting down to the major market opens. shery: the top stories this hour. oss
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Aug 10, 2022
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emily: i'm emily chang in san francisco, and this is "bloomberg technology." coming up in the next hour, vacations are back, at least at the happiest place on earth. disney parks have a blowout quarter and streaming subscribers up 70% from a year ago. i knew ad-- a new ad tier is coming. musk sells more tesla shares. he is pointing the finger at twitter. i'll speak with one of his longtime friends, who has been subpoenaed by twitter ahead of the trial. and a key metric for roadblocks and shares tumbling. bookings dropped during the second quarter. what does that tell us about the making of the metaverse? all of that in a moment, but let's look at market. tech stocks jumping after inflation decelerated in july. ed ludlow with the biggest moves. good news. ed: 8.5% gain in the month of july. decelerating inflation. cooler than expected inflation. mastech up 2.9%--nasdaq up 2.9%. worth noting that the technology and information and communication sectors on the s&p 500 were the best-performing. stocks of 4%, having dropped the most in june, on tuesday. bitcoin tra
emily: i'm emily chang in san francisco, and this is "bloomberg technology." coming up in the next hour, vacations are back, at least at the happiest place on earth. disney parks have a blowout quarter and streaming subscribers up 70% from a year ago. i knew ad-- a new ad tier is coming. musk sells more tesla shares. he is pointing the finger at twitter. i'll speak with one of his longtime friends, who has been subpoenaed by twitter ahead of the trial. and a key metric for roadblocks...
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Aug 25, 2022
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chang. >> i am emily chang in san francisco and this is bloomberg technology. coming up, a concierge start of shaking up city living. we will talk to the wind behind the company about why they see big opportunities and what they think about their early investor, adam neumann starting a different company. plus, peloton on amazon puts it by on the world's largest e-commerce site for the first time ever. and one of the biggest deals of the year comes together, we will go inside the $70 billion microsoft activision deal with bill spencer. first, tesla and apple are performing. emily graffeo is with us. welcome to the day. >> finishing the day largely higher are the stocks and the tech heavy nasdaq 100 finishing up about .3%, largely in the green. a little bit of weakness in that final few minutes of the trading day. if you look at the more sensitive areas of the markets, not a lot of movement. bitcoin not moving that much and semiconductors are not doing that much. traders are just waiting to know how hawkish jerome powell will be in that fed speech on friday on ja
chang. >> i am emily chang in san francisco and this is bloomberg technology. coming up, a concierge start of shaking up city living. we will talk to the wind behind the company about why they see big opportunities and what they think about their early investor, adam neumann starting a different company. plus, peloton on amazon puts it by on the world's largest e-commerce site for the first time ever. and one of the biggest deals of the year comes together, we will go inside the $70...
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Aug 29, 2022
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katie: i am katie greifeld in new york in for emily chang. this is "bloomberg technology." coming up, musk's latest subpoena. a whistleblower says the company has been incompetent. that enough to sway the court? we will discuss. plus, the tech industry's most innovative company has named its first asian-american ceo. bitcoin falls below $20,000 as investors respond to the fed's hawkish stance. how did the world's largest crypto respond during recession? first, let's look at the markets. after the big draw down on friday, it has calmed down a little bit but still decidedly risk-off. the dow and nasdaq both firmly in the red. chips underperforming. the semiconductor index off by almost 2%. you did see two-year treasury yields rise a little as investors tried to recalibrate fed bets. let's talk about bitcoin. we are again talking about $20,000. during the summer, we broke above it a little bit. we know crypto and bitcoin tend to move in 10 k increments. that is why you see a staircase pattern on the chart behind me. are we going to 30,000 dollars or $10,000? we will try to ans
katie: i am katie greifeld in new york in for emily chang. this is "bloomberg technology." coming up, musk's latest subpoena. a whistleblower says the company has been incompetent. that enough to sway the court? we will discuss. plus, the tech industry's most innovative company has named its first asian-american ceo. bitcoin falls below $20,000 as investors respond to the fed's hawkish stance. how did the world's largest crypto respond during recession? first, let's look at the...
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Aug 19, 2022
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emily: i'm emily chang in san francisco, and this is "bloomberg technology." ♪
emily: i'm emily chang in san francisco, and this is "bloomberg technology." ♪
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Aug 12, 2022
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chang. ♪ ed: i am ed ludlow in san francisco come in for emily chang. both the s&p 500 and nasdaq 100 posting the longest streak of weekly gains since november. but earnings have shown a mixed outlook for the rest of the year. is the tech rally going to last? will home depot target lowe's? next week is big for earnings reports. new data suggest we are turning a corner when it comes to e-commerce. and competition for electric semitrucks heating up after the senate passes and initiative to boost the transition to clean energy right now, pretty much tesla versus nica, but tax incentives could bring in more players. first, the federal bureau of investigation seized classified records marked top-secret from former president donald trump's mar-a-lago home, according to a copy of the warrant seen by bloomberg. our managing editor for bloomberg news in washington, wendy, thanks for joining us. let's stick to the basics. what did we learn from the unsealed documents? wendy: not as much as one would hope. we did learn they got about two zone did -- about two doze
chang. ♪ ed: i am ed ludlow in san francisco come in for emily chang. both the s&p 500 and nasdaq 100 posting the longest streak of weekly gains since november. but earnings have shown a mixed outlook for the rest of the year. is the tech rally going to last? will home depot target lowe's? next week is big for earnings reports. new data suggest we are turning a corner when it comes to e-commerce. and competition for electric semitrucks heating up after the senate passes and initiative to...
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Aug 30, 2022
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katie: i am katie greifeld in new york in for emily chang. this is "bloomberg technology." coming up, musk's latest subpoena. the whistleblower who used to run twitter security says that company has been incompetent since the boss left. is that enough to sway the court? we will discuss. plus, the tech industry's most prestigious company has named its first asian-american ceo. i will talk with garry tan about what to expect from leadership. bitcoin falls below $20,000 as investors respond to the fed's hawkish stance. how did the world's largest crypto perform during a recession? first, let's look at the markets. after the big draw down on friday, it has calmed down a little bit in terms of losses but still decidedly risk-off. ,you look at the s&p 500, the nasdaq both firmly in the red. 100, chips underperforming. the philadelphia semiconductor index off by almost 2%. on top of that you did see two-year treasury yields rise a little as investors tried to recalibrate fed bets. let's talk about bitcoin. we are again talking about $20,000. during the summer, we broke above it a
katie: i am katie greifeld in new york in for emily chang. this is "bloomberg technology." coming up, musk's latest subpoena. the whistleblower who used to run twitter security says that company has been incompetent since the boss left. is that enough to sway the court? we will discuss. plus, the tech industry's most prestigious company has named its first asian-american ceo. i will talk with garry tan about what to expect from leadership. bitcoin falls below $20,000 as investors...
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Aug 25, 2022
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i am emily chang in san francisco. this is . ♪ >>
i am emily chang in san francisco. this is . ♪ >>
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Aug 26, 2022
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chang. ♪ emily: coming up in the next hour, fed chair jay powell warns there is more pain to come for the economy. we are going to get a read on how a hawkish fed will impact venture capital and more. plus, what does it mean for by now, pay later with america's credit card debt nearing highs not seen since the financial crisis? and flying taxis might not just be fodder for sci-fi anymore. all that in a moment, but first, rough day for the markets after fed chair jay powell warns the economy is in for some real pain. tough way to end the week. katie: that's probably a good way to describe it. we finally heard from the man himself, jerome powell delivering the message saying they are going to fight inflation. that is enemy number one and they are going to get control and that even if it comes at the expense of the economy, and that went over pretty much as you would expect. the nasdaq 100 where big tech lives, off by more than 4%. don't be full by the green. that's the vix, and that went higher as volatility did as well, and the front end of the yield curve, though two-year treasury yie
chang. ♪ emily: coming up in the next hour, fed chair jay powell warns there is more pain to come for the economy. we are going to get a read on how a hawkish fed will impact venture capital and more. plus, what does it mean for by now, pay later with america's credit card debt nearing highs not seen since the financial crisis? and flying taxis might not just be fodder for sci-fi anymore. all that in a moment, but first, rough day for the markets after fed chair jay powell warns the economy...
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Aug 23, 2022
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with emily chang. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. shery: still ahead, we talk about china earnings seasons and the challenges the nation is facing. up next, we discussed investment strategy with the mainstreet cio, the 10 year yield is the leading indicator of u.s. market sentiment. this is bloomberg. ♪ shery: traders are bracing for hawkish talk by the fed this week. >> i think the u.s. does not have quite the same degree as china. in europe, you have the gas issue. there is nothing quite to the same degree we have in the u.s.. it's going to be a slow growth environment, below track. that is why financial conditions are where they are. you have the fiscal drag. plenty of headwinds, but i do not think it's quite as bad as in china or europe. >> how do you expect chairman powell to navigate that? >> is bouncing between two things. he will lay out the case
with emily chang. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. shery: still ahead, we talk about china earnings seasons and the challenges the nation is facing. up next, we discussed investment strategy with the mainstreet cio, the 10 year yield is the leading indicator of u.s. market sentiment. this is bloomberg. ♪ shery: traders are bracing for hawkish talk...
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and emily changed you and personnel from 12 countries . those accused of fathering children include soldiers, doctors, and even photographers. although the report points out the leg of prosecution for these offences by peacekeepers due to their immunity, the un says that it's strongly condemns the behavior of those who violate and undermine the venues of the organization. by abusing and exploiting those who are looking to the un for protection. but the number of the victims of this renders abuse can be hard to come. there are potentially thousands of children left behind by piece campus in the democratic republic of congo. part of the problem is that some of those deployed seemed to be treating these missions as an opportunity for sex, tourism, and sexual cry that unlikely to commit in their home countries. this all came to light after a number of violent protests against un peacekeeping forces in the east india c. i'm. it calls for the u. n. to withdraw from the area 15 people have been killed in anti you and protests in the last week in
and emily changed you and personnel from 12 countries . those accused of fathering children include soldiers, doctors, and even photographers. although the report points out the leg of prosecution for these offences by peacekeepers due to their immunity, the un says that it's strongly condemns the behavior of those who violate and undermine the venues of the organization. by abusing and exploiting those who are looking to the un for protection. but the number of the victims of this renders...
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Aug 30, 2022
08/22
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