Meta Shares Plunge, Microsoft-Backed Rubrik Goes Public, ServiceNow CEO on Earnings
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 25 April 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bloomberg's Ed Ludlow breaks down a disappointing earnings report from Meta that weighed on the technology sector. Plus, the CEO of Rubrik joins to discuss the company's initial public offering. And, the CEO of ServiceNow joins to break down the company's earnings results.
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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. |
| 0:34.4 | Bloomberg Audio Studios. Podcasts, Radio News. |
| 0:37.0 | From the heart of where innovation, money and power collie in Silicon Valley and beyond. |
| 0:44.0 | This is Bloomberg Technology with Caroline Hyde and Ed Ludlow in San Francisco. |
| 1:04.7 | Caroline hides on assignment. |
| 1:06.4 | This is Bloomberg technology coming up. |
| 1:08.6 | Meta says it will be the world's leading AI company, |
| 1:12.0 | but investors don't like the roadmap to get their team |
| 1:14.5 | coverage of a massive drop in Zuckerberg's stock and from earnings to IPOs we |
| 1:20.1 | speak to the CEO of Service now on their quarterly numbers and Rubik's chief on listing day. |
| 1:26.0 | And $14 billion goes to Micron from the Chips Act to boost America's memory chip prowess. |
| 1:34.0 | But first, there is only one story that matters right now, |
| 1:37.0 | and it is meta. |
| 1:38.0 | You see the share reaction. |
| 1:40.0 | Zuckerberg outlining billions and billions of dollars are going to go into building |
| 1:44.7 | out AI infrastructure. |
... |
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