Musk's Pay Package Goes Through and Adobe Shares Surge
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 14 June 2024
⏱️ 45 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Tim Stenovec break down Tesla's shareholder meeting as the majority backs Elon Musk's $56 billion pay package. Plus, Adobe shares surge the most since 2020 on the company's sales outlook, and we head to the G-7 meeting in Italy as the Pope shares a warning on artificial intelligence.
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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. |
| 0:31.8 | From the heart of where innovation, money and power collide in Silicon Valley and beyond, |
| 0:37.0 | this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hyde at Bloomberg's world headquarters in New York. |
| 0:57.0 | And I'm Tim Steneuve in for Ed Ludlow. |
| 1:00.0 | This is Bloomberg Technology. |
| 1:01.0 | Coming up, full reaction to Tezas shareholder meeting |
| 1:04.2 | as the majority do back Musk's $56 billion pay package. |
| 1:07.8 | Plus Adobe shares surging on the company's sales outlook. |
| 1:10.6 | How is AI driving demand? |
| 1:12.8 | And we head to the G7 meeting in Italy |
| 1:15.3 | as the Pope, one's on artificial intelligence. |
| 1:18.6 | But first, let's check in on these markets. |
| 1:20.0 | And it's a day where some lackluster economic data here in the US when it comes to consumer sentiment |
| 1:25.1 | really dials in and ratchets up some of the risk-on risk-off concerns that we've got happening in |
| 1:30.5 | Europe at the moment as we worry about the French political situation. |
| 1:34.0 | Nasak flat, we're holding up relatively well just down by some three points. |
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