Nvidia Surges and Coinbase Launches Blockchain
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 23 February 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Ed Ludlow break down Nvidia's stock surge as its AI computing push drives its strong outlook. Plus, Sam Bankman-Fried faces new charges and Coinbase launches its own blockchain.
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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.com slash Sustainable Biz Singapore. |
| 0:23.7 | That's Bloomberg Live.com slash sustainable Biz Singapore. I'm Caroline Hyde in New York from Bloomberg's world headquarters. |
| 0:47.0 | And I'm Ed Lubbler in San Francisco. |
| 0:49.0 | This is Bloomberg Technology. |
| 0:51.0 | Invidia, it surges shares climb as much as 15% after the AI computing push drove its strong outlook. |
| 0:57.0 | We'll chip away and the details. |
| 0:59.0 | And we'll have the latest in the world of crypto as Sam Bankman Freed faces new charges and |
| 1:04.4 | coin-based launches a blockchain we'll discuss with Chris Lehane of Horn Ventures. |
| 1:08.6 | Plus Goldman Sachs offering its wealthiest clients access to a fundraising round for stripe. |
| 1:14.0 | As the payments giant seeks to raise $4 billion from a wide range of investors. |
| 1:19.0 | The best performer in the S&P 500 and NASDAQ 100, invidious shares surging essentially because they give a strong |
| 1:25.4 | outlook for revenue that kind of indicated to investors that their foray into artificial |
| 1:30.2 | intelligence is helping boost them at a time where PC demand is slowing and |
| 1:34.5 | data center demand slowing as well. Shares up 14% the biggest jump since November |
| 1:39.0 | at one point up by even more than that and the biggest jump since March of 2020. |
| 1:43.4 | And I want to stick with this story and get the investor perspective. |
| 1:46.0 | Joining us now for more over is Jonathan Curtis Franklin Equity Group |
| 1:50.0 | director of Portfolio Management Franklin Equity Group, nearly $120 billion of assets under management. |
| 1:56.6 | And Jonathan, you hold NVIDIA stock in your funds. |
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