Apple's Downgrade and Tesla's Deliveries

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 2 January 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down why Barclays is cutting Apple to underweight for the first time since 2019. Plus, Tesla falls behind China's BYD in quarterly EV sales.

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Transcript

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0:00.0	The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition.
0:12.0	Join global business leaders and investors
0:15.0	to drive innovation and scale best practices
0:17.7	in sustainable business and finance.
0:19.9	Learn more at Bloomberg Live.com
0:22.0	slash Sustainable Viziz Singapore.
0:24.3	That's Bloomberg Live.com
0:26.0	slash Sustainable Biz Singapore.
0:31.6	From the heart of where innovation, money and power collide in Silicon Valley and beyond,
0:37.0	this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hyde at Bloomberg's world headquarters in New York.
0:57.0	And I'm Ed Ludlow in San Francisco.
0:59.0	This is Bloomberg Technology Happy 2024.
1:02.0	Yeah, a brand new year and coming up on our first program of the year.
1:06.0	Full market coverage ahead.
1:08.0	US stocks and bonds look they kick start the day in the red.
1:12.0	And we'll look at the movers weighing on the benchmarks as Apple dropped amid a
1:16.4	Barclays downgrade on calling iPhone demand.
1:19.4	Details ahead.
1:20.4	Plus the latest read on the health of the E.B market.
1:22.4	That says Tesla falls behind China's DYD
1:25.0	in terms of production.
1:26.3	That and so much more coming up on the show.
	...

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