meta_pixel
Tapesearch Logo
Log in
Bloomberg Technology

Cisco Shares Slump, Coinbase Shares Surge

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 15 February 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow take a look at Cisco shares under pressure after delivering a disappointing outlook along with plans to cut thousands of jobs. Plus, Coinbase shares surge after receiving an upgrade from JPMorgan ahead of the company's earnings report, and 13F filings reveal hedge funds bought into some of the biggest names in tech in the fourth quarter.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

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

Bloomberg Audio Studios.

0:34.0

Podcasts, Radio News.

0:37.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond.

0:44.8

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hainte at Bloomberg's world headquarters in New York.

1:05.0

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

1:08.0

Coming up in the next hour, Cisco shares under pressure.

1:11.0

That's after delivering a disappointing outlook again

1:13.8

along with plans to cut thousands of jobs we have the story.

1:17.0

Plus coin-based earnings out after the bell but shares jumped this morning

1:21.1

after receiving an upgrade from

1:22.8

JP Morgan. Bitcoin holding about $52,000 will break down the

1:26.8

numbers. And hedge funds buy into some of the biggest names in tech in the

1:29.8

fourth quarter. Amazon Intel and video are among some of the favorites.

1:33.0

That was revealed in yesterday's 13F filings.

1:35.0

I'm going to walk through the winners and the losers.

1:38.0

But first let's check in on a key loser that is a mover on the day.

1:41.0

Some breaking news.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.