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Bloomberg Tech

SoFi & ON Semi Earnings, AI Regulation in DC

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 30 October 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow sit down with the CEOs of SoFi and ON Semi to recap their earnings. Plus, President Biden signs an executive order on artificial intelligence regulation. And, a preview of what to expect from Apple's "Scary Fast" event 

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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.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

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 Ed Ludlow. in Edna at Luddler. 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, we'll talk the state of FinTech and of course earnings with the CEO of SoFi, as the company

1:05.8

beats and raises its revenue forecast for the year.

1:09.1

Plus President Biden plans to issue a sweeping executive order on artificial intelligence today will break

1:14.8

down the details and its impact.

1:17.1

And we push ahead to the all-important Apple event of the year, the last one they have, and

1:21.4

is set to unveil two new max and processes later tonight

1:25.1

at a scary fest but first let's check in on these markets because look

1:29.1

there's a tug of war going on whether it's geopolitics on the one side

1:31.9

whether or not it's well questions of whether the direction of travel

1:35.0

we sold off too far too fast when it comes to tech

1:37.5

we're actually seeing money move into stock markets today

1:40.0

particularly the Nasdak up a percentage point

1:42.0

other benchmarks well rallying off of what have been oversold territory,

1:46.2

particularly as geopolitics still does swell.

...

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