Memory Prices Hit Cisco, Apple Faces Siri Snags
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 12 February 2026
⏱️ 48 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss memory chip prices taking a toll on Cisco's stock even as AI demand surges. Plus, Apple's revamp of its Siri voice assistant hits new snags that could delay the release of some features. And Altruist CEO Jason Wenk discusses the startup's AI tax-planning tool that sent wealth management stocks tumbling, hours after its launch.
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| 0:00.0 | I'm Carol Masser. And I'm Tim Steneveck, inviting you to join us for the Bloomberg Businessweek Daily Podcast. Now, every day we are bringing you reporting from the magazine that helps global leaders stay ahead. We've got insight on the people, the companies and trends that are shaping today's complex economy. That's right. Tim, we're all over global business, finance, tech news, all as it is happening in real time, and we've got complete coverage of the U.S. market close. |
| 0:23.4 | Gotta say, basically, tech news, all as it is happening in real time, and we've got complete coverage of the U.S. market close. I've got to say, basically, if it impacts financial markets, if it impacts companies, if it's impacting trends and narratives that are out there, we are on it. We also have a lot of fun doing it. Bloomberg Business Week also brings you the analysis behind the headlines through conversations with our expert guests. |
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| 0:55.8 | That's the Bloomberg Business Week Daily podcast. I'm Carol Masser. |
| 0:58.8 | And I'm Tim Stanovex. Subscribe today wherever you get your podcasts. |
| 1:07.6 | Bloomberg Audio Studios. |
| 1:10.0 | Podcasts Radio Radio, News. |
| 1:16.9 | Bloomberg Tech is live from coast to coast, |
| 1:20.0 | with Caroline Hyde in New York and Ed Lovelow in San Francisco. |
| 1:27.7 | This is Bloomberg Tech coming up. |
| 1:29.7 | Memory chip prices strike again, this time taking a toll on Cisco, even as AI demand |
| 1:35.1 | surges. |
| 1:35.7 | We'll break it down. |
| 1:36.4 | Plus Apple's revamp permits Siri voice assistant. |
| 1:39.3 | It hits new snags that could delay the release of some features. |
| 1:43.9 | An altruist launched an AI tax planning tool, and within hours, wealth management stocks |
| 1:49.1 | tumbled. The CEO of Outteris joins us to discuss. |
| 1:52.5 | But first, we check in on these markets that in many ways are still digesting AI disruption. |
| 1:57.6 | We focus in on Cisco that I know you'll go to. We're off by 1% on the NASDAQ 100. |
... |
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