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Apr 25, 2024
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microsoft is around 30% cloud growth. i'm looking for google and aws to start to share a little more data and give us more visibility . but i love that microsoft came out and said this is how much of our azure growth is tied to ai. that says the company is comfortable, the deals are growing, enterprises are spending more with them and it is ai specific. paul: let's look at intel, some disappointing sales and profit numbers, but i understand you have in speaking with the ceo. did you hear anything that reassured you? >> intel is a multi-year investment play for a lot of investors looking for that short-term win. they have to understand the new segmentation, the products and foundry is all about becoming a critical infrastructure partner to the u.s. and the west for a supply chain resiliency, national defense, global technology and economic readership. i think intel has made the commitment. in the conversations we've had and he has shared publicly is that the company -- company has hit targets. it was a problem for a long t
microsoft is around 30% cloud growth. i'm looking for google and aws to start to share a little more data and give us more visibility . but i love that microsoft came out and said this is how much of our azure growth is tied to ai. that says the company is comfortable, the deals are growing, enterprises are spending more with them and it is ai specific. paul: let's look at intel, some disappointing sales and profit numbers, but i understand you have in speaking with the ceo. did you hear...
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Jan 16, 2024
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coming up, microsoft is opening up its ai system to consumers and we will be joined by the microsoft executive vice president on that. a story we are tracking, google is reportedly laying off hundreds of employees in its advertising sales team. they've been a little softer, 0.3%. this is according to a memo that insider has seen but bloomberg is not verified the report. the shares are a little softer. this is bloomberg technology. ♪ 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. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh ed: welcome back to bloomberg technology. a quick check on the markets -- we've had a choppy session. the nasdaq is softer by 0.3% and fed speak is a big driver of this market. fed governor waller spoken an event this morning saying there is no reason to move as quickly or cut as rapidly as in the past in the market is rethinking its bets for how quickl
coming up, microsoft is opening up its ai system to consumers and we will be joined by the microsoft executive vice president on that. a story we are tracking, google is reportedly laying off hundreds of employees in its advertising sales team. they've been a little softer, 0.3%. this is according to a memo that insider has seen but bloomberg is not verified the report. the shares are a little softer. this is bloomberg technology. ♪ what about zocdoc? so many options. yeah, and dr. xichun...
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Apr 16, 2024
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and microsoft. of course, energy continues to be the constraint but use cases are exploding across the board and now this fourth industrial revolution is here being led by jenson and adele. caroline: we thank you. let's go to a key player, apple, pledged to buy more components and accessories and devices from vietnam suppliers. the move is a big boost for the southeast asian companies and vietnam emerges as a electronics hub and apple is looking to shift production of their gadgets away from china to minimize the geopolitical use and they're exploring india and vietnam which has seen a four poll increase in companies assembling apple products over the last decade. let's talk about global regulation for a moment and joined with the european commissioner of financial services to discuss all things digital finance and regulation, ed. ed: we're looking at erickson, the swedish shares, 2% higher as it stands and the u.s. a.d.r. is higher even still than that. beat on earnings and it's really interesting,
and microsoft. of course, energy continues to be the constraint but use cases are exploding across the board and now this fourth industrial revolution is here being led by jenson and adele. caroline: we thank you. let's go to a key player, apple, pledged to buy more components and accessories and devices from vietnam suppliers. the move is a big boost for the southeast asian companies and vietnam emerges as a electronics hub and apple is looking to shift production of their gadgets away from...
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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 26, 2024
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the positive story came through for microsoft an alphabet. the fact they are able to monetize in the cloud business, the investments around ai. i want to give you a look at what's happening in terms of multiples and the valuation story. we know this is been a concern and investors are wringing their hands. look at tesla. it's at a challenging year. elon musk was able to sway those concerns and the earnings call. you are still down double digits for tesla and this is the 12 month blended pe, 59 times for tesla, despite the challenges it faces in the chinese market. all of that playing into the mix. meta-is looking cheap. they had a challenging earning story in terms of the outlook. 20 times versus 59 times. that tells you a lot about how things are shaping up. let's have a look at the biggest story. i want to give you context in terms of softness. the japanese yen is down 40%. 40% versus the u.s. dollar. the bank of japan coming through with what bloomberg economic says was a dovish hole. that story continues to be in focus. more analysis on t
the positive story came through for microsoft an alphabet. the fact they are able to monetize in the cloud business, the investments around ai. i want to give you a look at what's happening in terms of multiples and the valuation story. we know this is been a concern and investors are wringing their hands. look at tesla. it's at a challenging year. elon musk was able to sway those concerns and the earnings call. you are still down double digits for tesla and this is the 12 month blended pe, 59...
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Jan 30, 2024
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microsoft as well, that focus on crowd growth. an end, another one contracting because i gave a week revenue forecast for the current period -- amd, another one contracting. similar to what we saw with intel. qqq is the eta that tracks the nasdaq, and that is dropping, but let's change off because we just had futures coming online, and a picture here is a bit of weakness ahead of the open. traders sifting through those earnings, but you've also got the fed decision coming up. treasury issuance, jobs numbers as well as -- jobs numbers as well, so there's a big focus on the days ahead. paul: let's get more detail on those earnings from our technology reporter. let's start with microsoft, a beat on revenue and profit. what were the key drivers of that performance? jackie: digging into some of the figures, the main number we have to look at, that investors care about, is that azure cloud services unit growth. that came in at about 30% compared to last quarter. that beat expectations, and the company said that about six percentage poin
microsoft as well, that focus on crowd growth. an end, another one contracting because i gave a week revenue forecast for the current period -- amd, another one contracting. similar to what we saw with intel. qqq is the eta that tracks the nasdaq, and that is dropping, but let's change off because we just had futures coming online, and a picture here is a bit of weakness ahead of the open. traders sifting through those earnings, but you've also got the fed decision coming up. treasury issuance,...
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Feb 27, 2024
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ed: microsoft was pretty stoked about a version of copilot. do you think $39 a month will see the enterprise version gaining traction? ed: absolutely -- thomas: absolutely. we have over 50,000 organizations on boarded to copilot, more than 1.3 million paid users. we see a lot of excitement from all kind of industries would it is no longer just equal startups and take companies, it is pharmaceutical companies, automotive companies, a lot of financial institutions. we see tremendous excitement there. we received feedback from companies like for, as shopify telling us the collaboration is getting better if copilot knows about what is happening within the company. ed: bloomberg reported this month apple is looking to do something simple -- similar with x code. what do you make of that? this is becoming a battleground, the use of generative ai within the writing of code. thomas: as a developer, this is the most exciting era i have seen over the last 30 years. we have all these companies working to make developers more productive, to have them focus
ed: microsoft was pretty stoked about a version of copilot. do you think $39 a month will see the enterprise version gaining traction? ed: absolutely -- thomas: absolutely. we have over 50,000 organizations on boarded to copilot, more than 1.3 million paid users. we see a lot of excitement from all kind of industries would it is no longer just equal startups and take companies, it is pharmaceutical companies, automotive companies, a lot of financial institutions. we see tremendous excitement...
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Jan 31, 2024
01/24
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alphabet is comfortably behind aws and microsoft azure. in terms of google cloud this quarter, it has positive momentum. they completed its first year of profitability, which is not easy. things are looking up, especially considering how central google cloud is to google's broader ai ambitions. katie: appreciate your time. quick look at stocks hitting highs and lows today. 52-week high here after reporting fourth-quarter earnings that beat. citi getting high on the bullish call by morgan stanley. gsk upgrading its long-term outlook after a successful launch of its new rsv vaccine, good for 2.2%. new york community bancorp falling to record lows after reporting a surprise loss in the fourth quarter and a cut to the dividend. you can see that in the chart. what a day. we continue to follow the story. coming up, bloomberg technology. ♪ xfinity rewards presents: '1st and 10gs.' xfinity is giving away ten grand to a new lucky winner for every first and ten during the big game. enter daily through february 9th for a chance to win 10gs. with th
alphabet is comfortably behind aws and microsoft azure. in terms of google cloud this quarter, it has positive momentum. they completed its first year of profitability, which is not easy. things are looking up, especially considering how central google cloud is to google's broader ai ambitions. katie: appreciate your time. quick look at stocks hitting highs and lows today. 52-week high here after reporting fourth-quarter earnings that beat. citi getting high on the bullish call by morgan...
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Jan 30, 2024
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we are from microsoft and amazon alphabet. what is their capacity that they could step up to the bar and make a substantial difference? chris: we see these companies already making a difference. google has a chip which has been producing for some time. many of its own ai models are already trained on this chip. amazon and microsoft are somewhat less developed but still have their own chips that you can use in data centers. openai is considering building out its own network of chip factories. ai requires tons of computing power which means tons of investment numbers. right now there are a couple of companies. nvidia the most important that can reduce these advanced chips for ai. it's not a surprise whether you're microsoft or amazon or google you want more sources of supply for these ultra critical chips. david: what's the gaining factor? what's keeping others from doing it? is it intellectual property, know-how, what keeps them from this? chris: in videos core advantage is its ecosystem. most of the advanced ai systems have be
we are from microsoft and amazon alphabet. what is their capacity that they could step up to the bar and make a substantial difference? chris: we see these companies already making a difference. google has a chip which has been producing for some time. many of its own ai models are already trained on this chip. amazon and microsoft are somewhat less developed but still have their own chips that you can use in data centers. openai is considering building out its own network of chip factories. ai...
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Jan 25, 2024
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>> microsoft had big market moment last year and everybody started thinking about microsoft. between april and november, 80 lbs cayman strong with their bedrock services. i think aws will be very strong. it's helping people think about open versus commercial open source. there is a lot of activity there. rising tides in ai will raise them all next year. annabelle: what about when it comes to devices, there is ai integration we are seeing into the likes of samsung for instance. how do you see that playing into the competition in that area of the market? >> you have ai at the edge, and there's clearly no winner in that space right now. this is one area where companies like intel and samsung win, chips can go into the devices that will make those devices smart and intelligent and ai ready. so there will be a lot of opportunity in that space. it's just that longer rollout in the sense of many different devices. paul: maribel lopez from lopez research, thanks so much for joining us. later we will speak with the intel ceo for more on the company and the industry outlook as well. th
>> microsoft had big market moment last year and everybody started thinking about microsoft. between april and november, 80 lbs cayman strong with their bedrock services. i think aws will be very strong. it's helping people think about open versus commercial open source. there is a lot of activity there. rising tides in ai will raise them all next year. annabelle: what about when it comes to devices, there is ai integration we are seeing into the likes of samsung for instance. how do you...
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Mar 20, 2024
03/24
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that's right up microsoft alley. but at the end of the day you have to wonder how this is going to play out within microsoft is already under some pretty intense scrutiny by the ftc. about its agreement with openai. this might potentially draw some more scrutiny. we are waiting on some of the details around what this means for the rest of the inflection team. the company did not say how many of inflection's 70 employees will be joining over. we know another co-founder will lead and become chief scientific officer under this new microsoft ai group. ed: public companies, private companies making moves. getting closer aligned. ai let's stick with it in private markets. also on ivp's mind. wanting to take advantage of the great opportunities it sees with this technological shift ended launching its fund with a $1.6 billion rate let's bring in the ivp partner. welcome to the studio. let's start with fund. explain it to me, what will it be used for, what is the thematic focus and how did it come together? >> fund one was b
that's right up microsoft alley. but at the end of the day you have to wonder how this is going to play out within microsoft is already under some pretty intense scrutiny by the ftc. about its agreement with openai. this might potentially draw some more scrutiny. we are waiting on some of the details around what this means for the rest of the inflection team. the company did not say how many of inflection's 70 employees will be joining over. we know another co-founder will lead and become chief...
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Apr 25, 2024
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microsoft and google reporting after the bell. those are pretty significant declines in the idea is we are worried on the back of meda's earnings, that all of this spend on ai infrastructure is not bringing some big boom in generative ai driven sales growth. actual software products that people use and companies make money from. this is bloomberg technology. ♪ (upbeat music) there's more to business than the business you're in. if you use data, that's the privacy business. manufacturing on demand? you're talking cloud business. got a few million hyper-connected customers? digital experience business. that was fast. that's where deloitte comes in. with the right combination of talent and technology to help advance and connect all that it takes to excel in business ... to the business i'm in. deloitte. starting a business is never easy, but starting it eight months pregnant.. that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our busines
microsoft and google reporting after the bell. those are pretty significant declines in the idea is we are worried on the back of meda's earnings, that all of this spend on ai infrastructure is not bringing some big boom in generative ai driven sales growth. actual software products that people use and companies make money from. this is bloomberg technology. ♪ (upbeat music) there's more to business than the business you're in. if you use data, that's the privacy business. manufacturing on...
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Mar 15, 2024
03/24
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are saying maybe it's just microsoft. they expected to see this big surge because of the ai products. adobe has been putting ai into photoshop and illustrator. but it appears they are more focused on acquisition and that monetization is not coming for a couple of quarters. caroline: this is the biggest fall for adobes and 2022. i'm interested in how that focuses on some of the startups that are publicly traded. you saw the big one everyone looked out and thought, adobe is going teresa catch up. >> about a year ago with image innovation. they responded with innovations in photoshop. there is this energy in the air that this new piece of technology could make adobe obsolete. there was a conversation on the earnings where an analyst said folks are getting worried in the long run this software could be unused. can you explain why that is not the case? thus not a level of candor or anxiety you hear on these calls. caroline: this is what investors want, transparency. we are hearing that from the ceo. is there anyone who is bull
are saying maybe it's just microsoft. they expected to see this big surge because of the ai products. adobe has been putting ai into photoshop and illustrator. but it appears they are more focused on acquisition and that monetization is not coming for a couple of quarters. caroline: this is the biggest fall for adobes and 2022. i'm interested in how that focuses on some of the startups that are publicly traded. you saw the big one everyone looked out and thought, adobe is going teresa catch up....
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Jan 31, 2024
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let's talk about microsoft first. the detail we got, the 6% increase in revenue because of ai, was it just because they could not pay it forward for this coming quarter that disappointed? guest: i don't necessarily think so. these stocks were up substantially your to date, up over 8%. microsoft was up or near up 70% on a nearly 12 month basis. expectations were high going into this quarter. for microsoft, they were able to quantify the impact of ai on the growth of cloud unlike alphabet or google. which i think is part of the differential in terms of why the stocks are behaving as they are. caroline: alphabet, less detail on what contribution ai will have particularly on search. what about the capital expenditure, investment to bring about the ai prowess? is it too much? guest: it is what is needed. nvidia has talked about the pricing of their chips in both alphabet -- and both alphabet and microsoft have talked about capex increasing substantially in 2024. that will be an extra spend by both of these into data center
let's talk about microsoft first. the detail we got, the 6% increase in revenue because of ai, was it just because they could not pay it forward for this coming quarter that disappointed? guest: i don't necessarily think so. these stocks were up substantially your to date, up over 8%. microsoft was up or near up 70% on a nearly 12 month basis. expectations were high going into this quarter. for microsoft, they were able to quantify the impact of ai on the growth of cloud unlike alphabet or...
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Feb 2, 2024
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or microsoft -- aws or microsoft, you are going to get market growth for years to come. apple has a lot to explain for how do they get to the seven or 8% growth. i think it's going to be a challenge at least for this year and next year. >> the market braces for another revenue decline in their fiscal second quarter. going back to what we were seeing all of last year. any exuberance about this new ar reality? >> no. not about that. you uttered the magic word. they are going to talk about launching some new tools sometime in the second half of this year. i think that is a wildcard that will basically prove me wrong. if they are able to come up with certain things that could make productivity higher, you don't need to download an app. for that, maybe you need to go to the iphone 16 or the next version of the iphone that may have some capability and that can drive the first cycle of iphone that we are all rating for. ed: keeping it real very thank you very much friday. coming up, my exclusive conversation with invidious -- nvidia's ceo, jensen huang. this is "bloomberg techn
or microsoft -- aws or microsoft, you are going to get market growth for years to come. apple has a lot to explain for how do they get to the seven or 8% growth. i think it's going to be a challenge at least for this year and next year. >> the market braces for another revenue decline in their fiscal second quarter. going back to what we were seeing all of last year. any exuberance about this new ar reality? >> no. not about that. you uttered the magic word. they are going to talk...
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Mar 1, 2024
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microsoft can be a proxy for investor sentiment toward openai because microsoft owns 49% of the for-profit side of openai. we have our top story coming but shares are softer. it is important to what we are about to discuss. caroline: talking about elon musk, how he is suing openai & altman alleging they violated the -- and sam altman alleging that by the start of -- startup's mission. it states the company's close relationship with microsoft has undermined its mission of creating open source technology that would not be subject to corporate biology/corporate priorities. -- to corporate priorities. he is not the only one who said this, keifer lee told me he thinks openai should be rebranded closed ai. he is one of the most vocal critics having been any regional founder and donor. >> and making points elon musk has been making for months. he has been complaining i put a lot of money into this, $44 million over the first few years. it was partly my idea, you recruited these people on the strength of my personality and the promise was this was going to be an open source for the benefit of huma
microsoft can be a proxy for investor sentiment toward openai because microsoft owns 49% of the for-profit side of openai. we have our top story coming but shares are softer. it is important to what we are about to discuss. caroline: talking about elon musk, how he is suing openai & altman alleging they violated the -- and sam altman alleging that by the start of -- startup's mission. it states the company's close relationship with microsoft has undermined its mission of creating open...
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Jan 31, 2024
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microsoft was up 65%. you have to bear that in mind before you look at the premarket price action and consider the numbers of yesterday. annmarie: i cannot agree more. the bar was incredibly high. we were asking yesterday is the bar high. the answer is absolutely. people want more. these earnings were not bad. microsoft's net income rose to the strongest quarterly expansion going back two years. google talking about real expansion in advertising revenues. but it was not enough and it came in slightly disappointing on the google site. the same story terms of projections for some of the ai outlook and chips related to that. this is about high expectations and unrealistic expectations not being met. jonathan: you mentioned microsoft. the strongest revenue cut since 2022. services sales gaining 30%. that is decent growth. annmarie: this is on the hopes and dreams of artificial intelligence. here's the key question. how quickly do investors need to see the ai monetized? right now it is driving a lot of demand w
microsoft was up 65%. you have to bear that in mind before you look at the premarket price action and consider the numbers of yesterday. annmarie: i cannot agree more. the bar was incredibly high. we were asking yesterday is the bar high. the answer is absolutely. people want more. these earnings were not bad. microsoft's net income rose to the strongest quarterly expansion going back two years. google talking about real expansion in advertising revenues. but it was not enough and it came in...
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Jan 22, 2024
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because microsoft is a global company. they spend many resources. they will continue to find fisher's -- fissues and boehner -- fissures and vulnerabilities. at nsa, we try to focus on identifying such vulnerabilities and tipping off microsoft when we found them because we wanted our security to be as good as it could be but we are always went to find weaknesses. ed: microsoft's cyber practice is a $20 billion a year security practice. jp morgan analysts had a note out saying that this could be an example of some of microsoft's competitors getting a leg up and offering their services. you are now in the investment world. how do you apply the events of the weekend to your thesis going forward and which startups you want to target? george: number one, we have many companies buying cybersecurity services. we have all our companies that are globally tribute in and providing services around the world. cybersecurity is something that is going to be a continuous struggle for our society, not something we can fix and be done. so m
because microsoft is a global company. they spend many resources. they will continue to find fisher's -- fissues and boehner -- fissures and vulnerabilities. at nsa, we try to focus on identifying such vulnerabilities and tipping off microsoft when we found them because we wanted our security to be as good as it could be but we are always went to find weaknesses. ed: microsoft's cyber practice is a $20 billion a year security practice. jp morgan analysts had a note out saying that this could be...
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Jan 31, 2024
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i think that is what you've seen with microsoft because the numbers were in mind and microsoft is a diversified business with strong position in the consumer and corporate sector but the games business as well. i do not think there is anything that came up from the microsoft results that made us -- brought any fundamental concerns about where they are going or where the sector is going. it is just it was not quite good enough or it did not quite beat the very high end of expectations as a consequence of profit-taking. tom: so that is the detail and context around microsoft. what about amd and alphabet? where is the concern with those companies? robert: tech is a very disparate sector with many business models. amd i think, for the factor between these two if i can try to draw that, the reality is looking at alphabet first of all, advertising, search advertising still forms the core of their business. of course investors are excited about the potential long-term upside in ai. but search advertising is where the business is at. the revenue numbers came in slightly below expectations. that raises
i think that is what you've seen with microsoft because the numbers were in mind and microsoft is a diversified business with strong position in the consumer and corporate sector but the games business as well. i do not think there is anything that came up from the microsoft results that made us -- brought any fundamental concerns about where they are going or where the sector is going. it is just it was not quite good enough or it did not quite beat the very high end of expectations as a...
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Apr 26, 2024
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alphabet microsoft deliver
alphabet microsoft deliver
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Jan 29, 2024
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there is going to be a lot of focus on the highest-rated member of the s&p, microsoft. what are the expectations going into the earnings report? >> just talking about microsoft, we are looking at an acceleration in revenue growth rate, cloud growth rate. i think it is going to be a fun quarter for microsoft because not only do they have to like about how much contribution from ai was there, but also they have to give guidance that is going to be much faster than what the street is. expectations are very high for microsoft. we do expect overall revenue growth to improve this year. having said that, this is one of the quarters where i have seen expectations high for the company. romaine: expectations are coming in high, and i'm curious, mandeep, when we talk about microsoft's peers, particularly alphabet, obviously not the same business, but do you think we're going to get help in this market from alphabet this week? mandeep: the big number for alphabet is there cloud business. the last quarter we saw a deceleration in cloud growth. youtube did find. you could say that se
there is going to be a lot of focus on the highest-rated member of the s&p, microsoft. what are the expectations going into the earnings report? >> just talking about microsoft, we are looking at an acceleration in revenue growth rate, cloud growth rate. i think it is going to be a fun quarter for microsoft because not only do they have to like about how much contribution from ai was there, but also they have to give guidance that is going to be much faster than what the street is....
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Apr 25, 2024
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can alphabet compete with the big boys, microsoft and aws? tom: breaking down the detail on the meta-story and investor disappointment around spending plans, setting us up for a big day of tech earnings. ai unicorns. a new generation of ai avatars. a ceo joins me for an exclusive conversation. later, eight a ceo joins me as they report revenue. we have interviews on gas and oil prices as well. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. ai unicorns and thieves yet is -- synthesia says so card -- so-called expressive avatars can react emotionally to what they are required to say resulting in more humanlike digital twins. the company saw the valuation hit $1 billion last year when it raised $90 million in funding. joining me is victor, the ceo. good morning and thanks for joining us. a major upgrade for you and the business. what are the use cases for this and what have clients said so far? it is early but what does this tell us about the ambitions of synthesia? >> what we are seeing so far, for the las
can alphabet compete with the big boys, microsoft and aws? tom: breaking down the detail on the meta-story and investor disappointment around spending plans, setting us up for a big day of tech earnings. ai unicorns. a new generation of ai avatars. a ceo joins me for an exclusive conversation. later, eight a ceo joins me as they report revenue. we have interviews on gas and oil prices as well. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. ai unicorns and...
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Jan 30, 2024
01/24
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microsoft and aws and google are overlapping in the cloud computing market. they are all different in terms of core markets. you have to look at them as independent companies that have amazing business models. the overarching theme is they are benefiting and getting exposed to ai. in terms of how they're using that and how they change their businesses, it is super important. it is not just those companies that are going to adopt ai. is everything in tech and every company outside of tech. if you are not adopting ai and making good business more productive, you are probably going to be a loser in your end market. this is the theme that is going to touch all companies across all subsectors. caroline: ups today, 12,000 -- 1200 jobs going. when you are anticipating the calls with ceos, what is it you want to hear? is it more about subscriber growth? is it more about numbers and market penetration? for is it overall impact? adam: it depends on the company. we are looking for every 90 days these report cards for these companies. how are they doing on revenue growth
microsoft and aws and google are overlapping in the cloud computing market. they are all different in terms of core markets. you have to look at them as independent companies that have amazing business models. the overarching theme is they are benefiting and getting exposed to ai. in terms of how they're using that and how they change their businesses, it is super important. it is not just those companies that are going to adopt ai. is everything in tech and every company outside of tech. if...
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Jan 30, 2024
01/24
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microsoft and google after the bell. lisa: this is really the kick off of the real earnings season that account for the vast dirty of the gains that we seen so far this year in market and a lot of people are saying because this market is of disproportionately hinged to seven companies, so too will be performing the earnings of said firms. jonathan: not just on the s&p 500, but on some of these single lanes. microsoft up 57%, google up 58%. just how high the bar later on this afternoon? lisa: some are saying the bar has already been lowered particularly for google and particularly for apple. i think it depends on which company we are talking about. there is nvidia which everyone expects to come out and then some and then blowout the water, and then you have the likes of apple where people are hoping that they hang tight. it's going to be unclear. i'm curious to see how people take some of the projections. jonathan: likewise we will talk about u.s. exceptionalism later on today. stagnation on gdp. talking about how high th
microsoft and google after the bell. lisa: this is really the kick off of the real earnings season that account for the vast dirty of the gains that we seen so far this year in market and a lot of people are saying because this market is of disproportionately hinged to seven companies, so too will be performing the earnings of said firms. jonathan: not just on the s&p 500, but on some of these single lanes. microsoft up 57%, google up 58%. just how high the bar later on this afternoon?...
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Jan 31, 2024
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microsoft did have a narrow beat on revenue, but expectations around what is happening with microsoft in the cloud are somewhat higher than what microsoft ended up reporting. and a narrow miss on revenue, being punished for the search business in particular, amd saying first quarter revenue about 5.4 billion, that fell short of what analysts were expecting as well. kind of echoes what we've been hearing from intel in terms of the downbeat view, so those big names all moving after hours. annabelle: and that focus on the magnificent seven, the numbers were getting from those companies of the course of the week. the chief china strategist joins us here in the hong kong studios as well. i know you don't cover big tech specifically, but i'm interested in what that signals to you because we've seen big tech leading the gains, >> really pricing and for perfection. the earnings are not bad at all. looking back at fourth-quarter earnings, i think the market probably will be ok. looking for the first quarter, i think there will be more activity in the big tech sectors. annabelle: what do you th
microsoft did have a narrow beat on revenue, but expectations around what is happening with microsoft in the cloud are somewhat higher than what microsoft ended up reporting. and a narrow miss on revenue, being punished for the search business in particular, amd saying first quarter revenue about 5.4 billion, that fell short of what analysts were expecting as well. kind of echoes what we've been hearing from intel in terms of the downbeat view, so those big names all moving after hours....
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Apr 8, 2024
04/24
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it assessed a microsoft exchange online intrusion. let's dig into what that report showed, the limitations, and overall the cybersecurity space as it sits now. former cybersecurity and infrastructure security agency chief of staff kiersten todt joins us now. we do not want to overlook this. it came at the beginning of last week, but it almost highlighted 101 cybersecurity etiquette that seemed to have failed at microsoft. can you detail a bit about what you thought about the report? kiersten: so the cyber safety review board, it was launched in 2020 one and executed in 2022. this was the third investigation conducted. last august, the secretary of homeland security said the review board was going to look into this intrusion that occurred in may and june. what it found most pacific lay was in the intrusion was preventable and should have never occurred. the intrusion itself hacked into the el systems of over 500 individuals in 22 organizations, but specifically, it hacked into the email of the u.s. secretary of commerce, gina raimondo,
it assessed a microsoft exchange online intrusion. let's dig into what that report showed, the limitations, and overall the cybersecurity space as it sits now. former cybersecurity and infrastructure security agency chief of staff kiersten todt joins us now. we do not want to overlook this. it came at the beginning of last week, but it almost highlighted 101 cybersecurity etiquette that seemed to have failed at microsoft. can you detail a bit about what you thought about the report? kiersten:...
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Apr 4, 2024
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we work closely with microsoft. we think that will be a major advantage for our partnership as well. we are focused on what we can control in the openai side, which for us is thinking about the next wave of the technology and thinking about ways that wave is going to start to enable businesses. the more we can think about that together the more we will be. ed: a lot of ceos, some are your customers and they say the technology -- they are technology agnostic. they might use another foundation model. they might be building their own in parallel. when he told our people a lot of people wanted to get your thoughts on the palantir relationship. it's an interesting case study. they seem to be one of the beneficiaries of the enterprise investment in ai, for these the data analytics site. what is it like working with alex karp? brad: we work with a bunch of partners that help us bring the technology to life. there are some anyways to deploy the technology. that is what is amazing about this technology. it is not just one fu
we work closely with microsoft. we think that will be a major advantage for our partnership as well. we are focused on what we can control in the openai side, which for us is thinking about the next wave of the technology and thinking about ways that wave is going to start to enable businesses. the more we can think about that together the more we will be. ed: a lot of ceos, some are your customers and they say the technology -- they are technology agnostic. they might use another foundation...
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Feb 13, 2024
02/24
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if you count openai in microsoft's camp. they think this is a fundamental -- for a large company, imagine you are in microsoft word google. the first thing to thing you think to do once you invent this technology is how you make technology. uber will make the most money by putting it in search. microsoft will make the most for putting it in office. will microsoft become an of structure that says i'm good to build a new engine that causes people to no longer need or want to use office or pay for it? few companies have ever done that. when kovach -- kodak invented the digital camera, they showed that because they thought it would kill the fill business. it did, but it was not because of them. the same thing happens with intel not embracing mobile, qualcomm not embracing ai, and the list goes on. it is hard for a large company not to take this technology and put it in their best-selling product to make that low hanging fruit. it is hard for them to be disruptive, cannibalize and kill the revenue that is currently a cash cow. ca
if you count openai in microsoft's camp. they think this is a fundamental -- for a large company, imagine you are in microsoft word google. the first thing to thing you think to do once you invent this technology is how you make technology. uber will make the most money by putting it in search. microsoft will make the most for putting it in office. will microsoft become an of structure that says i'm good to build a new engine that causes people to no longer need or want to use office or pay for...
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Jan 31, 2024
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even microsoft, what do you think of that? >> microsoft, the numbers were great. a diversified business. great exposure to consumer and corporate, to games, you name it. the numbers were great, the guidance, everything else, you could not really fault it. when stocks are priced to perfection, i think all of that and more probably was baked in. if nitpicking on the microsoft numbers as well, the business is coming back, it beat expectations, this is the cloud business. it beat expectations in q4. given lofty expectations in the market, that did disappoint some people. with microsoft, better profit-taking perhaps. there is no fundamental concern but for the mainstream sectors like smartphones and pcs, it is not yet picking up to a significant degree at this point. yvonne: it seems like when it comes to the ai plans from alpha and microsoft, the rising cost involved in implementing these strategies is taking a toll on the market. >> absolutely. it is a frontloaded business and given the prices nvidia is charging which is the main driver of cost increases in the ai se
even microsoft, what do you think of that? >> microsoft, the numbers were great. a diversified business. great exposure to consumer and corporate, to games, you name it. the numbers were great, the guidance, everything else, you could not really fault it. when stocks are priced to perfection, i think all of that and more probably was baked in. if nitpicking on the microsoft numbers as well, the business is coming back, it beat expectations, this is the cloud business. it beat expectations...
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May 13, 2024
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when you think about microsoft's involvement with open a.i., it's good for microsoft. i like how you use the frenemy. this is a challenge for apple, which is, does it want to leverage open a.i. given it'll relationship with microsoft? does it want to leverage google? does it want to entrust someone else to something that could potentially be this important, being artificial intelligence? i still look at siri as an opportunity for apple to do something better there. this is certainly a challenging situation for apple. caroline: come on, siri, you can do it. meanwhile, tom, what are the vision pro? going on sale in more countries. we understand china, japan, france, germany. going to help? >> at the margin, yes. i think the most interesting thing we learned about vision pro in the march quarter was how they talked about it at the enterprise level, which makes the $34.99 price point make more sense. but we talked about services. hardware sales were down double digits in the march quarter, and i think if you continue to have declines with hardware, at a certain point that'
when you think about microsoft's involvement with open a.i., it's good for microsoft. i like how you use the frenemy. this is a challenge for apple, which is, does it want to leverage open a.i. given it'll relationship with microsoft? does it want to leverage google? does it want to entrust someone else to something that could potentially be this important, being artificial intelligence? i still look at siri as an opportunity for apple to do something better there. this is certainly a...
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Feb 23, 2024
02/24
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microsoft is the enabler. it's not confined to microsoft. there's a lot of different companies, service now, adobe. so there's the enablers of the technology that will have pricing power as we go through the cycle. you can also invest. and they will be the winners in part because these are businesses that are now platforms. they are not point solutions. the platforms in the cycle will be at a structural advantage relative to point solutions. >> we are talking about fundamentals and clearly you see a trend underway, they cycle coming when it comes to these names, but how are you putting that against valuations, because a lot of people up to throw around the word bubble, especially when you look at a stock like nvidia, which has gone up a crazy amount the past couple years. how are you thinking about those factors? >> bubble territory is not a 20, 25, 30 multiple on earnings in a market that's growing as robustly as ai is. microsoft be growing mid to high teens for the foreseeable future at the size it is today. you are paying a high 20's mult
microsoft is the enabler. it's not confined to microsoft. there's a lot of different companies, service now, adobe. so there's the enablers of the technology that will have pricing power as we go through the cycle. you can also invest. and they will be the winners in part because these are businesses that are now platforms. they are not point solutions. the platforms in the cycle will be at a structural advantage relative to point solutions. >> we are talking about fundamentals and...
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Feb 16, 2024
02/24
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microsoft is more focused on nvidia instead of living on ai shares. if i are microsoft for google, a $2 billion, $3 billion -- you have to get to the hundreds of billions and compete with each other, and it benefits you to have companies global applications on you, just like the market -- the apple marketplace. each of them paid the apple tax. in much the same way, azure and openai, amazon and anthropic can build a substrate on which applications can be built, and the ones who get the most number of applications built are the ones who benefit. that drives trillions and dollars for them. they do not need to compete with their customers. caroline: dharmesh thakker. thank you so much for your time. coming up, we will take a closer look at draftkings' fourth-quarter results. a lot to dig in there. this is "bloomberg technology." ♪ hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email
microsoft is more focused on nvidia instead of living on ai shares. if i are microsoft for google, a $2 billion, $3 billion -- you have to get to the hundreds of billions and compete with each other, and it benefits you to have companies global applications on you, just like the market -- the apple marketplace. each of them paid the apple tax. in much the same way, azure and openai, amazon and anthropic can build a substrate on which applications can be built, and the ones who get the most...
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Mar 18, 2024
03/24
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you think about where microsoft is. they have gotten incredible adoption everywhere we turn. they are getting adopted left and right. it does not concern me, but i think you will see formation around different ai platforms from all the big tech leaders and that formation has started, so i would think the apple-google relationship would make more sense. it is not a thesis crusher for microsoft given their presence in insurance, health care, government. they are doing fine. there are plenty of contracts to go after outside this one. caroline: so good to catch up with you this monday morning. if you want to trade either of those stocks, you might have had a problem in earlier market hours. the nasdaq exchange announcing it has a result of the technology glitch that disrupted premarket trading for almost three hours. the nasdaq spokesperson said the issue did start shortly after 4:00 a.m. but was resolved and the disruption was the second in about three months. it must be said issues with the nasdaq are few and far between.
you think about where microsoft is. they have gotten incredible adoption everywhere we turn. they are getting adopted left and right. it does not concern me, but i think you will see formation around different ai platforms from all the big tech leaders and that formation has started, so i would think the apple-google relationship would make more sense. it is not a thesis crusher for microsoft given their presence in insurance, health care, government. they are doing fine. there are plenty of...
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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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Jan 26, 2024
01/24
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we saw this with microsoft, amazon, google. company's that made bid cuts last year and are doing well financially still see it in their interest to trim a couple percentage points periodically. i expect this to be a trend. ed: the pointed difference from this time last year is the size of the cuts. if you go on any website of those that have cut -- salesforce, microsoft -- they're also hiring, and where they are hiring is clear as day, brody. brody: it is two letters we have been hearing every day -- ai. salesforce has told me that they are really hiring for engineering roles and for those who go to market for their ai products. i think a lot of companies, salesforce more than most, really focused on peering back these traditional sales and marketing roles. now, they are kind of investing in what is going to bring them further. unfortunately for some workers, it is probably higher than it is to retrain some of your people. ed: goodbye, marketing. hello, computer nerds. we sit down with intel ceo pat gelsinger amid company resul
we saw this with microsoft, amazon, google. company's that made bid cuts last year and are doing well financially still see it in their interest to trim a couple percentage points periodically. i expect this to be a trend. ed: the pointed difference from this time last year is the size of the cuts. if you go on any website of those that have cut -- salesforce, microsoft -- they're also hiring, and where they are hiring is clear as day, brody. brody: it is two letters we have been hearing every...
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Jan 30, 2024
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microsoft too. there is a number of facets that are driving the microsoft growth story. read accelerating 16% topline growth this quarter. a lot of the focus will be on their generative ai pivot. how that's coming through in revenue, but also that openai partnership and what they see next for that. you have things like the activision m&a which is playing in, too. very complex story for microsoft and similar to google. tom: we will unpack all of that when the earnings come through later today. matt bloxham from bloomberg intelligence and the preview around the big tech earnings story. we will hear from the ceo and chairman of baker hughes lorenzo simonelli. that's at 6:40 a.m. u.k. time live from florence.but first our interview with amrita sen. founder and director of research at energy aspects, talking about the oil outlook, moments after saudi aramco announced that it would keep capacity at 12 million barrels a day on an order coming through from the ministry of energy not moving that higher to 13
microsoft too. there is a number of facets that are driving the microsoft growth story. read accelerating 16% topline growth this quarter. a lot of the focus will be on their generative ai pivot. how that's coming through in revenue, but also that openai partnership and what they see next for that. you have things like the activision m&a which is playing in, too. very complex story for microsoft and similar to google. tom: we will unpack all of that when the earnings come through later...
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Feb 2, 2024
02/24
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and penaltily, microsoft. -- finally microsoft. benefiting with a.i. sonali: when you look at the big themes, the things that will drive the growth for the next year or so or even the next five years for these companies you think about netflix. you have content. amazon, you have advertising the. microsoft, you have a.i. what is your favorite place to latch on to right now? dan: well, first of all, i think a lot of people have thought that large gap means mega-cap leaders would be underperformed. it's the opposite. our analysts are seeing multiple growth trends fundamentally, especially with the mega-cap, large cap leaders like meta, amazon, microsoft, netflix. and we see some broadening out in terms of the consumer the consumers have been pretty strong. decker and uggs seems to have two legs of growth right now in both of those products. other examples in health care, for example, which has been a growth this year after a difficult 2023. health care and increased utilization. we see a broadening out of the market but a continued strength in some of ame
and penaltily, microsoft. -- finally microsoft. benefiting with a.i. sonali: when you look at the big themes, the things that will drive the growth for the next year or so or even the next five years for these companies you think about netflix. you have content. amazon, you have advertising the. microsoft, you have a.i. what is your favorite place to latch on to right now? dan: well, first of all, i think a lot of people have thought that large gap means mega-cap leaders would be...
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Apr 30, 2024
04/24
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you had microsoft and alphabet really with some blockbuster earnings. not the same for meta, which i am sure we will get to. but for amazon, it feels like the stakes are high when you consider the stock's performance this year. what are your expectations? >> we forecast growth rates north of 20% for amazon this year. very impressive for a business of its size, and we don't expect this quarter to deviate too far from that annual growth rate. of course, amazon's retail business is the center of gravity in the retail media space. it's growth rates are only second to walmart -- its growth rates are only second to walmart in that space but walmart is less than a 10th of the size of the amazon ad business so a different comparison there. amazon has a lot of draws for advertisers. chief among them, their first party consumer data, of which it has a lot. closed loop attribution is a big deal for advertisers, being more easily able to add exposure to a sale or purchase. all of that plays in amazon's favor as far as amazon is concerned -- as far as advertising is
you had microsoft and alphabet really with some blockbuster earnings. not the same for meta, which i am sure we will get to. but for amazon, it feels like the stakes are high when you consider the stock's performance this year. what are your expectations? >> we forecast growth rates north of 20% for amazon this year. very impressive for a business of its size, and we don't expect this quarter to deviate too far from that annual growth rate. of course, amazon's retail business is the...
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May 21, 2024
05/24
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caroline: microsoft teams is a strong competitor. we understand that has been some regulatory conversations coming from zoom about unfair competition. how is that going? kelly: there's a lot going on in the eu. they unbundled it there. until they get to a competitive pricing for their products, it is not really a level playing field. that is what would serve everyone in this industry. we believe the best, including customers, because having a level playing field for the two strongest competitors which is zoom and microsoft we think is the best approach. caroline: are regulators listening? kelly: we will wait and see how it continues to evolve. caroline: europe is usually quite quick on the regulatory decision-making. we are still waiting for this real gavin is a test read gavin is a ship -- this real gavin's -galvanization. talk about strategic m&a. any news for the investor base there? kelly: reaccelerating and topline growth is our number one priority. in the meantime, while we are focused on investing there, we are focused on givi
caroline: microsoft teams is a strong competitor. we understand that has been some regulatory conversations coming from zoom about unfair competition. how is that going? kelly: there's a lot going on in the eu. they unbundled it there. until they get to a competitive pricing for their products, it is not really a level playing field. that is what would serve everyone in this industry. we believe the best, including customers, because having a level playing field for the two strongest...
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Apr 22, 2024
04/24
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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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Jan 25, 2024
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microsoft acquired and xbox personnel. how often does this happen? what is the real story here? let's go to bloomberg's jason schreier. jason: we are facing chaos all across the company. people don't know if they're being laid off. i am told by a blizzard spokesperson that everyone should find out by the end of the day, all 1900 people. it's just chaos over there right now. caroline: what took me by surprise is some of the senior executives on the out including the vice president who said he would have to be dragged out. jason: he is really the founder of blizzard. we are talking about a massive change over there. a lot of people expected mike ibarra for various reasons, he ruffled others over a couple of disastrous meetings and decisions people were thrilled about. it is a big surprise, blizzard canceled one of its big games called odyssey. i have been hearing rumors that layoffs may be coming to blizzard but this is bigger and bloodier than expected. ed: in any big piece of m&a where a big company enjoys another company
microsoft acquired and xbox personnel. how often does this happen? what is the real story here? let's go to bloomberg's jason schreier. jason: we are facing chaos all across the company. people don't know if they're being laid off. i am told by a blizzard spokesperson that everyone should find out by the end of the day, all 1900 people. it's just chaos over there right now. caroline: what took me by surprise is some of the senior executives on the out including the vice president who said he...
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Apr 24, 2024
04/24
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it's a different ai story to microsoft, to google. that is next week. is there a commonality between those two names and this earnings season you are focused on? dan: it is the ability to apply the ai technology being developed driving the revenue, driving the margin enhancement, creating stickiness on the platforms. we know the search market is going to be disrupted. attribution, click through. people spending time on social platforms, ai is only making it stickier. you have to like that a lot. i love what they are doing in terms of building their own technology. the company has become the open tech company. who would have thunk in the world of apple and metal -- meta that meta would double down on going open. they are building robust models with llama 3, and now with horizon they are doing it with ar nvr. we will be the open platform for developing these next-generation technologies. there is a lot to like. the one concern i have is that on a year-over-year basis they have grown so fast that the expectation from the street -- they could have a great q
it's a different ai story to microsoft, to google. that is next week. is there a commonality between those two names and this earnings season you are focused on? dan: it is the ability to apply the ai technology being developed driving the revenue, driving the margin enhancement, creating stickiness on the platforms. we know the search market is going to be disrupted. attribution, click through. people spending time on social platforms, ai is only making it stickier. you have to like that a...
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Jan 3, 2024
01/24
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ed: we have been showing how it works and it is an ad in to microsoft word, but microsoft is doing a lot with its own copilot in terms of productivity. are you worried about the kind of design of the system, that microsoft is offering something similar? >> not really. it is similar, but it is a general tool. it is designed to do a little of everything. the legal industry will be worth $1 trillion next year. it is one of the biggest interest -- one of the biggest industries on the planet and it needs its own bespoke system that understands legal documents, that understand the law. the microsoft copilot is not going to do that. it is catering to a much wider audience. i think it will be its own race. ed: the ceo richard robertson. the idea of automating drafts and the legal context. i know a few people in my world that would be very interested in that. thank you for your time. caroline: look, we have back to it. he focused on ai and fiber, focused on maybe some of the valuations. that does it for this edition of bloomberg technology. ed: recap on the podcast wherever you get your podca
ed: we have been showing how it works and it is an ad in to microsoft word, but microsoft is doing a lot with its own copilot in terms of productivity. are you worried about the kind of design of the system, that microsoft is offering something similar? >> not really. it is similar, but it is a general tool. it is designed to do a little of everything. the legal industry will be worth $1 trillion next year. it is one of the biggest interest -- one of the biggest industries on the planet...
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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 11, 2024
04/24
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it's slightly different than what microsoft is doing. i think microsoft will also offer similar services and i think they already do. other than gen ai one of our analysts said is that they are really focusing on retail profit .we think there is optimization over there as well as them revenue they generate from advertising that should help retail profitability down the road. katie: we really appreciate the breakdown. let's move from amazon to a public company that invests in private markets. we are talking to getting public access to private companies. it's the mission for the destiny tech 100 that allows people to invest in the 100 best startups. since its debut at the end of march, it's just below 500% up. we have the ceo and founder, great to see you in person. we have to start with the price action. you went public in late march and you were up 500% and at one point that number was more than 1000%. even by meme stock standards, that's wild. what do you make of the price action so far and who is driving it? is it retail or institution
it's slightly different than what microsoft is doing. i think microsoft will also offer similar services and i think they already do. other than gen ai one of our analysts said is that they are really focusing on retail profit .we think there is optimization over there as well as them revenue they generate from advertising that should help retail profitability down the road. katie: we really appreciate the breakdown. let's move from amazon to a public company that invests in private markets. we...
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May 14, 2024
05/24
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talking about microsoft, but openai has been pretty surging as well. jackie, what are you looking out or? >> a few things. the dancing, hard to ignore, especially with that announcement out of openai yesterday, raising the bar for google. one thing that will be keenly focused on is the update to its current flagship gemini model. we are expecting a few more details on just how that model will be interspersed throughout its most ubiquitous products. think gmail, maps, and like you mentioned, search. they have been experimenting with some features but have not ruled out anything broadly. there will be more color there and we are not just talking about software, we are on tablets, smartphones, and up dates to the android 15 operating system. caroline: the context with all of this is that they seem to be behind the curve, even though for many generative ai was only made possible because of the research from google, but they rushed out products and there were a lot of concerns around image generation in particular. how are we seeing them trying to right siz
talking about microsoft, but openai has been pretty surging as well. jackie, what are you looking out or? >> a few things. the dancing, hard to ignore, especially with that announcement out of openai yesterday, raising the bar for google. one thing that will be keenly focused on is the update to its current flagship gemini model. we are expecting a few more details on just how that model will be interspersed throughout its most ubiquitous products. think gmail, maps, and like you...
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Jan 25, 2024
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is sent orders to alphabet, amazon, microsoft, and more. they have 45 days to respond to the inquiry. joining us is jackie duval us. when you look at the companies being asked to respond, you have big and small. technology giants and new upstarts, how are the impacted by this? jackie: you have the tech giants that have a big stake in this ai race. microsoft's relationship with openai, amazon and alphabet who backed a smaller startup. the ftc is asking for two things, they want to understand how these companies are intertwined. they might not have had a merger or acquisition deal, but the stakes are large in the billions of dollars and the ftc was to understand how decisions are made and what is the extent of your influence. they are asking for documents that outline this relationship and what that means for when these companies are making decisions on products that have a big income -- big impact on consumers. you have the u.s. coming into this in a delayed way. you have the u.k. competition market authority who launched their own inquiry i
is sent orders to alphabet, amazon, microsoft, and more. they have 45 days to respond to the inquiry. joining us is jackie duval us. when you look at the companies being asked to respond, you have big and small. technology giants and new upstarts, how are the impacted by this? jackie: you have the tech giants that have a big stake in this ai race. microsoft's relationship with openai, amazon and alphabet who backed a smaller startup. the ftc is asking for two things, they want to understand how...
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Jan 26, 2024
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optimism over ai is fueling a seemingly unstoppable advance for microsoft. enclosed with the $3 trillion market cap for the first time. a bloomberg senior editor joins us now. a huge amount of optimism around ai in what it means for the future of microsoft. how much longer is this enthusiasm going to run? >> there's a lot of believers in this technology that is going to change every industry on the planet, so whether that comes to be or it doesn't live up to the hype remains to be seen. there certainly a lot of questions about ethical issues and we saw the federal trade commission will start an investigation into the ai companies today. so there are definitely some speed bumps. annabelle: talk us through more about how concerned you are by that ftc, and could we see more of these crackdowns on monopoly power to come? >> there have been lawsuits between regulators and the technology industry, but this is definitely something that will continue, we've seen news media organizations sue about artificial intelligence and the writer strike wrestled with this issue
optimism over ai is fueling a seemingly unstoppable advance for microsoft. enclosed with the $3 trillion market cap for the first time. a bloomberg senior editor joins us now. a huge amount of optimism around ai in what it means for the future of microsoft. how much longer is this enthusiasm going to run? >> there's a lot of believers in this technology that is going to change every industry on the planet, so whether that comes to be or it doesn't live up to the hype remains to be seen....
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Jan 26, 2024
01/24
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we know microsoft has blown billions into openai. other companies have also put money into a competitor, which is a startup that was created when a lot of openai founders left and created a second company. that is the fifth subject of the soupy as. the other big news from microsoft is that it had a major milestone, a valuation of $3 trillion. again, the concern that microsoft is now once again in the regulatory spotlight on its ai investments. along with its major tech peers takes away from that major milestone. haslinda: we are looking at about $20 billion. coming up in later hours, we will speak with intel ceo pat gel singer for more outlook. that will be on "bloomberg technology." taiwan building its own ai language model to counter china's influence and establish a foothold in the budding ai ecosystem. was bring in our reporter in taipei. what kind of ai model are we talking about here? >> when you think about taiwan, you think about semiconductors, tsmc manufacturer of the world's most sought-after's chips. now taiwan's governme
we know microsoft has blown billions into openai. other companies have also put money into a competitor, which is a startup that was created when a lot of openai founders left and created a second company. that is the fifth subject of the soupy as. the other big news from microsoft is that it had a major milestone, a valuation of $3 trillion. again, the concern that microsoft is now once again in the regulatory spotlight on its ai investments. along with its major tech peers takes away from...
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May 22, 2024
05/24
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microsoft openai and then customers can also bring their own model. it's really about adding value on top. it's our einstein trust play are providing data security and privacy. zero retention prompts to ensure but none of the context that none of the context it gets put into a prompt is ever stored or learned by a model. it's providing an audit trail, citations and really that trust that customers need as a price of admission for ai in the enterprise. >> media reports suggest that the talks have broken down with salesforce. maybe salesforce is back on the hunt from in, day perspective. you lead the ai teams at salesforce. how are you thinking about using acquisitions to build out your ai offering? >> i'm not able to comment on that but what i can say is we are seeing phenomenal explosive growth in our salesforce data cloud and it allows customers to bring together all of their trapped silo data from across the enterprise. from any business or small business has multiple different systems, multiple databases, warehouses and lakes and now we can connect
microsoft openai and then customers can also bring their own model. it's really about adding value on top. it's our einstein trust play are providing data security and privacy. zero retention prompts to ensure but none of the context that none of the context it gets put into a prompt is ever stored or learned by a model. it's providing an audit trail, citations and really that trust that customers need as a price of admission for ai in the enterprise. >> media reports suggest that the...