4.5 • 49 Ratings
🗓️ 21 August 2024
⏱️ 45 minutes
🧾️ Download transcript
Bloomberg's Caroline Hyde and Ed Ludlow break down why Nvidia is leading benchmarks in a big week for markets as investors await economic data. Plus, why Walmart's $3.6 billion JD.com stake sale put e-commerce companies under pressure, and Ford scraps plans for an all-electric SUV.
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| 0:00.0 | Want to know where stress is showing up in the $20 trillion commercial real estate market? |
| 0:08.0 | Or how the clean energy transition is actually being financed? |
| 0:11.6 | Or while child care is so expensive and why so much of the global economy is going into |
| 0:16.2 | reverse, then you're in the right place. |
| 0:18.7 | I'm Tracy Allaway. |
| 0:19.8 | And I'm Jill Weisenthall. |
| 0:21.0 | Together we host the All-Thauts Podcast. Twice a week we bring on the perfect |
| 0:25.0 | guest to break down all these odd, interesting, complicated finance topics and more. |
| 0:30.1 | You can look us up wherever you get your podcasts. The Oddlods Podcast from Bloomberg. the heart of where innovation, money and power collide in Silicon Valley and beyond. |
| 0:45.2 | This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. Live from New York and San Francisco, this is Bloomberg Technology. |
| 1:07.0 | Coming up, NVIDIA needs benchmarks in a big week for markets, |
| 1:11.0 | as investors await economic data and a Fed-Pow speech out of Jackson Hole. |
| 1:16.5 | Chinese tech stocks sink overnight, the latest on why Walmart's $3.6 billion dollar JD.com |
| 1:22.3 | stake sale has put e-commerce companies under pressure. |
| 1:25.8 | And Ford pulls back further from EVs, scrapping an all electric SUV and taking a 1.9 billion |
| 1:30.4 | dollar charge to shift strategies again. That's all to come at first. Let's check |
| 1:35.5 | in on these markets. Some economic data that we are currently digesting is their |
| 1:38.8 | revisions to the jobs data. And yes, there are more than 800,000, but not enough to really change the dynamic move of the markets right now. |
| 1:46.7 | We're still holding on to our gains up a tenth of a percent. |
| 1:49.0 | Yes, we've come off the highs, but still managing to cling on to an up cycle when it comes to the technology name |
| 1:53.8 | stock 600 over in Europe also powering ahead. |
| 1:56.3 | We're up six tenths percent. |
... |
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