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Apr 22, 2024
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thursday, google and microsoft. lisa: it's going to be interesting to see whether even a beat is a disappointment to market because so far that has been the tone. we've gotten the biggest selloff going back to late 2022. have we already priced out that potential disappointment set out for a positive upside surprise, or is this a pivot point at a time and a lot of uncertainty? jonathan: let's talk about tesla. downline 2.4% this morning. more than 40% year-to-date and we start this week with another round of price cuts. annmarie: a string of bad news is coming to tesla and some -- tomorrow they are supposed report first revenue decline in four years. a challenging earnings call for elon musk. not just the cuts. across the board, china, europe and the u.s., but also the job cuts. the fact that they are trying to basically pin the future on this robotaxi that remains a ton of questions. lisa: i keep thinking to myself is this really a situation of a car company that is trying to mask itself as something else, and our p
thursday, google and microsoft. lisa: it's going to be interesting to see whether even a beat is a disappointment to market because so far that has been the tone. we've gotten the biggest selloff going back to late 2022. have we already priced out that potential disappointment set out for a positive upside surprise, or is this a pivot point at a time and a lot of uncertainty? jonathan: let's talk about tesla. downline 2.4% this morning. more than 40% year-to-date and we start this week with...
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Apr 26, 2024
04/24
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ed: microsoft and google post strong results. caroline: jeff bezos and andy jassy deleting chaps amid an antitrust probe. let's check in on these markets. this is a macro picture on the day and some earnings galvanizing a drive higher. nasdaq up more than 2% then. we see the core pce that the fed so loves coming in line. we are not calling, but we are not exceeding expectations. the market is relieved and we are seeing about of good, healthy increase in certain stocks. a 10 year yield dives down onto the back of that pce number. even though we see bonds indeed rallying coming yields falling lower, the dollar still resilient against the japanese yen. will we see intervention from the boj? moving on, have a look at what it is doing against bitcoin. dollar strength against bitcoin. crypto on the downside. ed: it is all about earnings. intel is off session lows. and just a moment, ian king will give us the numbers and then we will speak to the intel ceo. microsoft and alphabet are all about cloud growth driven by ai products. microso
ed: microsoft and google post strong results. caroline: jeff bezos and andy jassy deleting chaps amid an antitrust probe. let's check in on these markets. this is a macro picture on the day and some earnings galvanizing a drive higher. nasdaq up more than 2% then. we see the core pce that the fed so loves coming in line. we are not calling, but we are not exceeding expectations. the market is relieved and we are seeing about of good, healthy increase in certain stocks. a 10 year yield dives...
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Apr 23, 2024
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>> they remain a pioneer in cloud at microsoft. they continue to see tremendous value from what aws offers. they are innovating and generative at the chip level by offering a variety of models and services. we see improving growth as the year progresses. there is still customer optimization of workloads going on but when we think about the growth drivers underneath amazon web services, they continue to broaden and i think the perception around the durability of this platform will continue to improve later this year into 2025. we continue to like the name there. sonali: there is a lot of optimism and is not just from you, market has shown they are ready to get back in and investors are starting to nip at a lot of these stocks today even before they are reporting earnings. how do you feel about perhaps places that are a little overbought? are there any areas you wouldn't it into yet? >> we are watching a lot how these companies navigate the crosscurrents in the near term. we talked about amazon and we will see how microsoft does late
>> they remain a pioneer in cloud at microsoft. they continue to see tremendous value from what aws offers. they are innovating and generative at the chip level by offering a variety of models and services. we see improving growth as the year progresses. there is still customer optimization of workloads going on but when we think about the growth drivers underneath amazon web services, they continue to broaden and i think the perception around the durability of this platform will continue...
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Apr 24, 2024
04/24
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microsoft is trying to develop that. it is still early days, but if they can do that, they will be usually successful. jonathan: yesterday we heard from tesla. we will hear from others. here is tomorrow morning. we will speak to bob and catch up with the cfo. looking forward to all of that. pushing ahead to a federal reserve decision about a week away. 34 minutes away, equity futures holding on to positive territory. coming off the back of gains in the biggest going back to months. lisa is working the late shift this afternoon. yields up five basis points. live from new york city, this is bloomberg surveillance. ♪ when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still
microsoft is trying to develop that. it is still early days, but if they can do that, they will be usually successful. jonathan: yesterday we heard from tesla. we will hear from others. here is tomorrow morning. we will speak to bob and catch up with the cfo. looking forward to all of that. pushing ahead to a federal reserve decision about a week away. 34 minutes away, equity futures holding on to positive territory. coming off the back of gains in the biggest going back to months. lisa is...
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Apr 26, 2024
04/24
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azure the cloud product for microsoft of 32%. ai creating demand. intel, down 11.3%, the worst day since april 2020. they aren't able to get in on the ai craze like some other companies. certainly not nvidia. the outlook is disappointing and that company is down sharply. katie: let's look at the tech 100 fund. we were talking about funds that provide access for retail traders to get to some of those private tech companies. look at what it is doing now. it is down over 20% today. the stock is trading near $18 per share. it was just below $100 earlier this month. we have the yen that got weaker, 157 against the u.s. dollar. we heard from the bank of japan that they kept their rates unchanged.as a result you can see the yen flirting with 30 plus year lows against the dollar. we will follow that a speculation about intervention heats up. fillin up the seats and the coffers at carnegie hall. our interview with the carnegie hall executive and artistic director. that is next. this is bloomberg. ♪ (traffic noises) (♪♪) the road to opportunity. is ofte
azure the cloud product for microsoft of 32%. ai creating demand. intel, down 11.3%, the worst day since april 2020. they aren't able to get in on the ai craze like some other companies. certainly not nvidia. the outlook is disappointing and that company is down sharply. katie: let's look at the tech 100 fund. we were talking about funds that provide access for retail traders to get to some of those private tech companies. look at what it is doing now. it is down over 20% today. the stock is...
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Apr 25, 2024
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i'm looking forward to microsoft in alphabet. they are expecting to have updates on their ai efforts. maybe it is just for ai when you don't have these reality labs and metaverse, if that is set aside and it's just ai, how much would the stock be up? lisa: i feel bad for mark zuckerberg, he doesn't have the same call to personality that elon musk has. jonathan: he's cultivating. lisa: i'm wondering if he had -- he's gotten jack. at what point can he say something and people get excited about it the same way elon musk does? annmarie: fourth richest person in the world. jonathan: and lisa feel sorry for him. annmarie: i have the tiniest violin for mark zuckerberg. jonathan: let's talk about the data in an hour. u.s. first-quarter gdp data is due in 60 minutes. the bloomberg survey calling for a 2.5 percent rise over the previous quarter. we are looking at jobless claims and personal consumption data going into the next week. we will have pca, i federal reserve decision and we will be talking about payrolls next friday. if it took a
i'm looking forward to microsoft in alphabet. they are expecting to have updates on their ai efforts. maybe it is just for ai when you don't have these reality labs and metaverse, if that is set aside and it's just ai, how much would the stock be up? lisa: i feel bad for mark zuckerberg, he doesn't have the same call to personality that elon musk has. jonathan: he's cultivating. lisa: i'm wondering if he had -- he's gotten jack. at what point can he say something and people get excited about it...
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Apr 23, 2024
04/24
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i think we do need to see a lot of these larger names, microsoft, amazon, google, meta. they need to come out and show us they continue to grow at the pace they can grow and show that free cash flow growth so people can continue to rely on them for that quality growth. ed: do you get the sense, ok, this is the quarter where we look past the ai hype and start again to look at fundamentals? did you have earnings growth? how is your free cash flow? traditional boring things like that? >> i think it will be a combination of both. in terms of you have to produce those numbers come this fundamentals are going to matter, but everybody wants to look at the future and say, well, can you continue to produce those quality numbers that we have seen? so ai continues to be a tailwind. everybody wants to see production out of it. and for the continuance of that revenue and earnings growth. caroline: when you are seeing such a run-up in big tech of late come how much are you thinking about the macro, thinking about the data we got today? >> i think america always contributes to the over
i think we do need to see a lot of these larger names, microsoft, amazon, google, meta. they need to come out and show us they continue to grow at the pace they can grow and show that free cash flow growth so people can continue to rely on them for that quality growth. ed: do you get the sense, ok, this is the quarter where we look past the ai hype and start again to look at fundamentals? did you have earnings growth? how is your free cash flow? traditional boring things like that? >> i...
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Apr 23, 2024
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operations, a complicated deal involving microsoft and oracle. this case is the opposite. they are not working anything out or contemplating the option seriously. there are a few reasons. they see elections in the united states or in november and they no changes in the administration can change their fate in the political outlook. the business in the united states is much bigger than it was four years ago. there's about hundred 70 million users -- 170 million users in the u.s. and they are generating a lot of revenue and they feel like they could take this to the courts, they can sue to stop legislation, they can get a temporary stay and play the long game to see whether they can be this out. annabelle: and the long game perhaps could involve exiting the u.s. market for a time, but can tiktok survive given the u.s. is such a key market now? >> and -- that's a very good question. i think they look at it this way. if they sell u.s. operations to somebody else, they lose that forever. whereas if they shudder operations to fight in court, they have an opportunity to regain the
operations, a complicated deal involving microsoft and oracle. this case is the opposite. they are not working anything out or contemplating the option seriously. there are a few reasons. they see elections in the united states or in november and they no changes in the administration can change their fate in the political outlook. the business in the united states is much bigger than it was four years ago. there's about hundred 70 million users -- 170 million users in the u.s. and they are...
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Apr 25, 2024
04/24
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microsoft and alphabet ahead for earnings. meta-not setting a good stage. the outlook for tesla was good. interesting how these come in. the cloud unit, will they achieve the 28% growth many are expecting for alphabet their revenue is expected to decline for the first quarter by 5%. the traditional search business and of course ai and what makes this so interesting we have this two year yield almost at a 5%. despite the fact we have stocks down there is not fear. you could say the two year yield up another weight on investors as perhaps we are certain to think ahead to the fed next week. i don't think the fed will raise next week but nonetheless we color. when we put this together let's look at the chart we looked at yesterday sometimes it's helpful to do this and as a refresher this is the beautiful uptrend out of the october lows. if you were to put this in a longer chart you would see it's not quite parabolic but now we are starting to see over the last three weeks this decline down. they got pushed back down by resistance affecting the moving average. m
microsoft and alphabet ahead for earnings. meta-not setting a good stage. the outlook for tesla was good. interesting how these come in. the cloud unit, will they achieve the 28% growth many are expecting for alphabet their revenue is expected to decline for the first quarter by 5%. the traditional search business and of course ai and what makes this so interesting we have this two year yield almost at a 5%. despite the fact we have stocks down there is not fear. you could say the two year...
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Apr 24, 2024
04/24
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we work with sap and microsoft. we will definitely be working with some of the startups. what we are doing is actually creating an operating system. that's why we named the company as ai on os. that os will integrate what is already available. we are not here to reinvent everything. i'm very happy that there is so much recognition that ai with human touch -- that's what we are all about. paul: so where does india have an advantage in the ai space? how much money is there to be made in the sector? >> you know, ultimately we are healed -- here to build an institution. we are here to create a service which appeals to our customers, to our own people, and which is also relevant. so i'm sure there's a net business effect. at this stage, we are having fun creating it as an institution. this word means everlasting. i believe we are creating a great institution. paul: are there potentially some risks here as well? places like india, the philippines. a lot of coding and call center work happens there. do you think generative ai is threatening jobs in these industries? >> i mean th
we work with sap and microsoft. we will definitely be working with some of the startups. what we are doing is actually creating an operating system. that's why we named the company as ai on os. that os will integrate what is already available. we are not here to reinvent everything. i'm very happy that there is so much recognition that ai with human touch -- that's what we are all about. paul: so where does india have an advantage in the ai space? how much money is there to be made in the...
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Apr 23, 2024
04/24
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the tesla-apple story very different from the microsoft story. jonathan: also the negative -- also the not so magnificent magnificent seven. tesla and apple both down double digits year to date. those names speak to the struggle for u.s. tech firms in china. annmarie: it is a huge struggle for tesla and apple. apple, the data we got is they are seeing weakness in china. it comes as china was celebrating the lunar new year, when people would usually go out and buy things. huawei sales are up 70% while apple is down 19%. the demand is there. the issue is doing business in china. lisa: i am more interested in the 493. that will give you more of a sense of where the consumer is at. the likes of gm, the likes of ups, these are interesting stories. the story they tell together is confusing. good luck with that. it gives you a sense of the crosscurrents and the different cycles we keep getting. lisa: equity futures -- jonathan: equity futures positive .2%. yields higher by three basis points. 10-year 4.6436. coming up, morgan stanley's mike wilson. matt
the tesla-apple story very different from the microsoft story. jonathan: also the negative -- also the not so magnificent magnificent seven. tesla and apple both down double digits year to date. those names speak to the struggle for u.s. tech firms in china. annmarie: it is a huge struggle for tesla and apple. apple, the data we got is they are seeing weakness in china. it comes as china was celebrating the lunar new year, when people would usually go out and buy things. huawei sales are up 70%...
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Apr 24, 2024
04/24
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microsoft and alphabet are coming up this week. meta tonight. that stock up 133% in the last year. katie: abigail doolittle, thank you so much. stay tuned. natural gas could hold the answer to the issue of access in the energy transition. that is next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. abigail: this is bloomberg markets. coming up, john lawler joins bloomberg tv at 4:00 p.m. new york time. this is bloomberg. ♪ katie: time for the daily wall street we conversation. energy has been among the more affected spaces as tensions have notched higher in the middle east and ukraine. in an interview with david westin, new fortress energy ceo wes eaton's talks about the effect of the geopolitics on the energy transition and particularly on natural gas. wes: there is 400 million tons of production the world that will double the next couple of years. you have the ukrainian-russian wor
microsoft and alphabet are coming up this week. meta tonight. that stock up 133% in the last year. katie: abigail doolittle, thank you so much. stay tuned. natural gas could hold the answer to the issue of access in the energy transition. that is next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now....