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Bloomberg Technology

Apple Shares Slide and AMD Faces Chinese Market Roadblocks

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 5 March 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow take a look at Apple shares sliding for a fifth day as the iPhone maker sees a big drop in China sales to start off the year. Plus, AMD faces a US roadblock in selling its AI chips in the Chinese market, and Bitcoin hits a fresh record.

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

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. I'm Caroline Hyde of Bloomberg's world headquarters in New York.

0:57.0

And I'm Ed Ludlow in San Francisco. This is Bloomberg Technology.

1:00.0

Coming up, Apple shares slide for a fifth day.

1:03.0

That's as the iPhone maker sees a big drop in China sales to start off the week.

1:07.0

With the stock in correction, we'll break down everything you need to know.

1:11.0

Plus, we stay with China as a MD faces a US roadblock

1:16.1

in selling its artificial intelligence chips

1:18.6

in the Chinese market.

1:20.2

Bloomberg exclusive ahead.

1:21.8

And Bitcoin, oh, it hits a fresh record for the first time since it's peaked back in November 2021.

1:26.4

Will our full coverage of the digital currency market and those meme coins

1:30.0

cover up in the rush?

1:31.6

There's so much more going on throughout this hour. Let's first

1:34.1

check in on these markets because well Bitcoin's up but the rest of the market

1:37.3

still trying to digest some of the run-up that we've seen in particularly the AI

1:40.8

related names and we focus in on what is some mixed economic

...

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