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Bloomberg Technology

Nvidia Reports and Palo Alto Drops

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 21 February 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde breaks down what to expect from Nvidia as the $1.7 trillion chip company gears up for earnings results after the bell. Plus, we stick with earnings as Palo Alto Networks heads for its biggest drop ever as customers face "spending fatigue" in cybersecurity.

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live. Live.com-Sustainable-biz Singapore.

0:24.0

That's Bloomberg Live.com-Sustainable-Biz Singapore.

0:28.0

Bloomberg Audio Studios.

0:35.0

Podcasts, Radio News.

0:37.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond.

0:45.4

This is Bloomberg Technology with Caroline Hyde at Bloomberg's world headquarters in New York.

1:05.2

Ed Luddlohe is off. This is Bloomberg technology.

1:08.0

Coming up, all eyes on NVIDIA. As the 1.7 trillion dollar chip company it gears up for

1:13.6

earnings results after the bell full coverage ahead. Plus we stick with earnings

1:17.6

and Palo Alto networks heading for its biggest drop ever as customers face

1:21.6

spending fatigue in cybersecurity will bring you those

1:24.2

numbers and Google looks to build an open source AI community with the launch of its

1:28.6

new model Gemma built on the same technology as its Gemini we'll discuss that and so much more throughout the hour.

1:35.1

But first, let's check in on these markets because we are seeing a little bit fatigue,

1:39.3

may we call it, in terms of purchasing of tech stocks right now.

1:41.9

We are all waiting and watching to see

1:43.4

whether the AI hype can be borne out

1:45.6

in the reality of revenue uptick over at NVIDIA.

1:48.0

Nasdaq off by 6 10% percent.

...

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