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Bloomberg Tech

Qualcomm Shares Pop and FTX Trial Update

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 2 November 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow bring a full earnings coverage, starting with Qualcomm shares popping and looking ahead to Apple's own results after the bell. Plus, they break down the latest in the trial of Sam Bankman-Fried as jurors begin deliberations.

See omnystudio.com/listener for privacy information.

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.

0:31.8

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. 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.

1:01.0

Coming up full earnings coverage ahead.

1:03.0

We've got Qualcomm, the shares popping after Chipmaker, is providing an upbeat

1:06.8

forecast signaling the mobile phone slump, it's easing.

1:10.4

And sticking with smartphones, we'll push ahead to earnings from Apple, which are due

1:13.8

to come out after the bell today.

1:15.8

And we'll have the latest in the trial of Sam Magman Freed as jurors begin deliberations today.

1:21.0

But first, let's check in on these markets and the feel-good music after the

1:24.8

Federal Reserve and that feeling that the Fed is basically perhaps done with the real

1:29.1

fast and furious pace of rate heights really dials into a desire to buy these stocks in the

1:34.0

particularly in the tech space. We're up five straight days on the NASDAQ 100. Best

1:38.3

winning streets since we since it's about August of last year and indeed we're seeing

1:41.4

S&P 500 having its best day since August on the day.

...

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