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Bloomberg Technology

Bumpy Week for Nvidia and Tesla, The Crypto Fortune Building a Space Station

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 21 March 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

Bloomberg’s Tim Stenovec discusses how Nvidia's and Tesla's shares have slid over the last week. Plus, Micron says margins will miss analyst estimates this quarter. And a crypto billionaire puts his fortune into a startup attempting to build and launch the first commercial space station.

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Transcript

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0:00.0

In 2020, a group of young woman found themselves in an AI-fueled nightmare.

0:05.8

Someone was posting photos.

0:08.1

It was just me naked.

0:09.5

Well, not me, but me with someone else's body part.

0:13.2

This is Levitown, a new podcast from IHeart Podcasts, Bloomberg and Colliderscope,

0:18.2

about the rise of deep fate pornography and the battle to stop it.

0:22.1

Listen to Levittown on Bloomberg's Big Take podcast. Find it on the IHeart Radio app,

0:27.1

Apple Podcasts or wherever you get your podcasts.

0:32.3

Bloomberg Audio Studios, Podcasts Radio News.

0:38.2

From the heart of where innovation, money, and power collide,

0:43.3

in Silicon Valley and beyond,

0:45.8

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

0:50.8

Thank you. Ed Lovlo.

1:10.2

Live from San Francisco, I'm Tim Steneveck, and this is Bloomberg Technology. Coming up on the program today, Elon tries to alleviate Tesla concerns, telling staffers

1:15.6

to hold onto their stock after plunging 50% in three months.

1:19.6

Plus, Micron under pressure, disappointing margins, overshadowing, and otherwise impressive

1:25.6

set of quarterly results. And Invidia, bets on America,

1:30.6

announcing new plans to invest billions of dollars on U.S. manufacturing. All that and more coming

1:35.4

up over the next hour on Bloomberg technology. First up, shares a Tesla over the last five days,

1:40.0

down about 3.5%. Elon Musk yesterday trying to reassure Tesla employees during what he referred to

1:46.3

as, quote, a little bit of stormy weather. Check out what he had to say. He urged employees to hang

1:51.4

onto their stock. He called ArkInvest Kathy Wood as an example of someone still believing in the

...

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