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Bloomberg Technology

Arm Surges and Disney Reaches One-Year High

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 8 February 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down chip design firm Arm's all-time surge after a bullish outlook on sales. Plus, Disney spikes as cost cutting benefits and international theme park strength boost the company's results.

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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. in Edla Loa. I'm Caroline Heide in Bloomberg's world headquarters in New York.

0:57.0

And I'm Ed Ludlow in San Francisco.

1:00.0

This is Bloomberg Technology.

1:01.0

Coming up, chip Design Firm arm surges.

1:04.4

In the most since its IPO, after a bullish outlook on sales,

1:07.7

we'll sit down with the CEO Renee Haas to discuss.

1:11.6

Plus, the Mouse House spikes as cost-cutting benefits and international theme park

1:16.0

strength boost the company's results.

1:18.0

Full coverage ahead.

1:19.0

And Apple's limited release of its Vision Pro fetching as much as $5,000 in the resale market.

1:25.0

This is the story.

1:27.8

A massive surge in the stock.

1:29.5

It's easy to say this is the biggest jump since they listed in September, but we are up 58%.

1:35.1

And it is the outlook for the current period going way beyond estimates, evidence that this

1:39.4

is no longer a name offering the building blocks or blueprints for semiconductors with royalty. a software that it runs, it's not a smartphone story.

1:53.2

There's evidence that the diversification that Renee Haas

...

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