meta_pixel
Tapesearch Logo
Log in
Bloomberg Technology

Oracle's Biggest Gain Since 2022 and Bitcoin's Record Rise

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 12 March 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow breaks down Oracle's earnings as it posts its biggest gain in two years amid a spike in bookings in its cloud computing business. Plus, Bitcoin continues its record-breaking run as $2.7 billion flowed into crypto assets last week.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

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.

0:31.6

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 Edla Loa. I'm Ed Lodlow in San Francisco carries off on assignment. This is Bloomberg Technology.

0:59.8

Coming up, we're going to talk earnings as Oracle posts its biggest gain in two years

1:04.0

amid a spiking bookings in its cloud computing business.

1:07.6

Details ahead.

1:08.8

Plus Bitcoin continuing its record-breaking run as 2.7 billion dollars flowed into crypto assets last week.

1:16.0

We'll discuss with the Delta Blockchain Fund, CEO.

1:20.0

And legislation that would force Tik-Tok's parent company to sell it or face a ban in the US

1:25.7

is picking up speed in Congress. We'll discuss that and so much more throughout the hour.

1:30.8

Let's get right to markets and it was a hotter than expected

1:33.6

CPI print that drove the narrative this morning. Actually in the equity

1:37.6

space it was kind of a negative reaction at first. We haven't really changed our

1:42.1

mind about the idea that if a rate cut is coming

1:45.6

from the Federal Reserve, it isn't coming till June. But actually look at the NASDAQ 100,

1:49.4

we're now up by more than a percentage point. A lot of the legwork coming from some of the earnings

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.