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Bloomberg Tech

Rivian's Earnings and Zoom Shares Rally

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 28 February 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Rivian's earnings and push ahead to Tesla's investor day. Plus, a conversation with Zoom's CFO as the pandemic darling rallies on a strong earnings forecast.

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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.com slash Sustainable Biz Singapore.

0:23.7

That's Bloomberg Live.com slash sustainable Biz Singapore. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

0:47.0

And I'm Ed Love Low in San Francisco.

0:48.5

This is Bloomberg Technology.

0:50.4

Coming up a deep dive into the world of EVs, we break down Rivian's earnings and we push ahead to Tesla's

0:56.3

Investeday.

0:57.3

Plus we'll speak to the CFO of Zoom as the Pandemic Darling rallies on a strong earnings forecast.

1:03.7

And Bain Ventures, it's raising nearly $2 billion in two new venture funds targeting

1:09.4

startups of all sizes.

1:11.1

We sit down exclusively with Matt Harris, Baden Ventures partner for more.

1:14.8

But before we go into the private side of the market, let's talk so much more about the world

1:18.9

of earnings.

1:19.9

We've done Rivian.

1:20.9

Let's push ahead to what was really on the move today in trading and it was

1:24.1

Zoom you must have seen it of course after the bell yesterday released its fourth

1:27.2

quarter earnings and they'd be shares rallied therefore as they reported better

1:32.0

than expected results in particular a stronger

1:34.0

outlook for adjusted earnings. Let's bring in the CFO. Kelly Sekelberg

1:38.3

for more. Kelly always great to have you on this show. Just tell us about the focus on profitability, this new

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