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Bloomberg Tech

Chip Fluctuations and Musk's SEC Probe

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 27 January 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down the Nasdaq 100's best week in months punctuated by major fluctuations in the semiconductor space. Plus, Elon Musk faces an SEC probe over his role in misguided claims about Tesla's autopilot system. 

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival. I'm Caroline He at Bloomberg's world headquarters in New York.

0:47.0

And I'm Ed Ludlow in San Francisco.

0:49.0

This is Bloomberg Technology and Caroline, Big Tech sounding a warning for 2023 the market seems really calm

0:55.2

about what they're seeing. Managing to shake off some of the chip concern even as

0:59.1

that isn't just around earnings but about geopolitics as well, Ed.

1:02.6

We're back here in New York, they are there in SF,

1:04.8

but we're both going to be looking at the NASDAQ 100's best week

1:08.3

in months, hey, but not without major fluctuations

1:11.2

in the semiconductor space, after Intel's dismal earnings and

1:14.7

those new curbs for China-made chips.

1:17.8

Then Elon Musk faces an SEC probe over his role in misguided claims about Tesla's autopilot system, the Bloomberg Scoop.

1:25.8

And thousands of tech workers got laid off after they came to the US on work visas, what

1:30.4

one non-profit's doing about it.

1:32.8

But first, a check on all these markets,

1:34.6

and Ed was talking about it, the fact that we see resilience

1:37.4

even though there's some worrying signs amid a number of the earnings

...

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