Nvidia Down After Missing Investors' Lofty Expectations and CA AI Bill Advances

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 29 August 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg's Caroline Hyde and Ed Ludlow look at why the markets are up despite Nvidia's results that missed expectations from investors. Plus Telegram CEO Pavel Durov is charged in Paris for complicity in the spread of sexual images of children and other crimes. And the California State Assembly approved a controversial AI safety bill that has divided tech leaders.

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0:00.0	I'm Jason Kelly Bloomberg Original's chief correspondent.
0:04.0	Join me and sports leaders like Boston Celtics co-owner Steve Paliuka,
0:08.0	National Women Soccer Commissioner Jessica Berman,
0:11.0	Orioles owner David Rubinstein,
0:13.6	and even my co-host on the deal, Alex Rodriguez.
0:16.5	Plus many more at Bloomberg Power Players New York
0:19.3	on September 5th, conversations that
0:21.6	will empower you to stay ahead of the game.
0:24.5	Register now at Bloomberg Live.com slash Power Player.
0:28.0	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 Ludlowe. Live from New York and San Francisco. This is Bloomberg Technology.
0:58.6	Coming up, NVIDIA pays the price of lofty expectations.
1:01.8	CEO Jensen-wan tries to boost confidence in a Bloomberg exclusive.
1:06.8	Plus the telegram CEO is charged and now on bail in France so the crimes committed
1:12.2	on the app we go live to Paris and
1:14.1	California advances its controversial AI safety bill that has divided tech leaders.
1:18.9	We discuss the law as it heads to the state Senate. That and so much more coming up, but first we check on
1:24.9	on the key name that we are all watching today. In video, off by 2.8 percent. The 3 trillion
1:31.0	dollar company not living up to the hype in terms of its
1:33.6	forecasts and particularly Blackwell which will dig into Ed but it's not
1:36.9	dragging down the rest of the indices. Mark it up.
1:40.8	Invidia down. I caught up with the
	...

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