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Bloomberg Tech

Peloton Plunges, Nvidia Set to Report & Huawei's Secret Chip Network

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 23 August 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down earnings results from Peloton as the fitness company plunges amid a disappointing outlook. Plus, a preview of Nvidia's earnings as investors look to see if the AI rally has staying power. And, a Bloomberg exclusive on how telecommunications giant Huawei may be building a secret network of chip fabrication center across China. 

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Transcript

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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 Lo Loa. I'm Caroline Hyde at Bloomberg's World Headquarters in New York.

0:57.0

And I'm Ed Ludlow in San Francisco, this is Bloomberg Technology.

1:02.0

Coming up full earnings coverage ahead.

1:04.6

Of course, as Pelotonous after issuing,

1:07.0

pretty disappointing forecast,

1:08.7

we'll break down the numbers.

1:10.4

Plus we push ahead to earnings out after the bell from Chip Giant

1:14.0

invidia. Does the AI rally have staying power?

1:17.0

And speaking of semiconductors, look, we're looking at the

1:21.0

communications giant Huawei.

1:23.5

Maybe building a secret network of chip fabrication center across China.

1:27.0

We'll bring you the Y from our Bloomberg exclusive, but first they're, let's check in on these markets

1:32.0

because, well, even though we've got anxiety

1:34.4

it feels as though a short squeeze in the bond market is helping lift the tech stocks higher

...

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