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Bloomberg Tech

Roe v. Wade and Airbnb Earnings

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 3 May 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down what tech companies might do in the wake of a leaked draft opinion from the Supreme Court that indicates the repudiation of the 1973 decision protecting the right to abortion. Plus, a look at Airbnb and Lyft earnings. 

See omnystudio.com/listener for privacy information.

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.

0:28.0

From the heart of where innovation, money, and power collide,

0:35.0

in Silicon Valley and beyond,

0:38.0

this is Bloomberg Technology with Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology.

0:58.2

Coming up in the next hour, travel is back and will continue to boom.

1:01.9

This according to Airbnb, out with an earnings beat that

1:04.9

shows despite inflation and global macroeconomic uncertainty people are on the

1:09.8

move we will break down their report, the leak heard across the country, a draft opinion of the Supreme Court reveals plans to

1:17.6

overturn Roe versus Wade hitting the U.S. like a bombshell. Some businesses are taking a stand. And how to use deep

1:27.0

tech to tackle society's biggest problems, but can you solve climate change and

1:32.4

still make a profit? More on that later this hour.

1:36.0

All of that in a moment, but first we are watching Lift and AirB&B and another volatile day for stocks.

1:41.0

Investors waiting for more clues about just

1:43.2

what will happen if the Fed raises rates later this week as expected. Are Ed

1:47.2

Ludlow here to break it all down. Ed. Yeah we swung between gains and losses

1:51.0

on the NASDAQ 100 multiple times very tech heavy

1:53.8

index ultimately closed up just a tenth of 1%. The other way to looking at it it was

1:57.8

the first back-to-back or two-day gain for the NASDAQ 100 since April 19th

...

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