Softbank's $100B Pledge
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 16 December 2024
⏱️ 54 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde details Softbank's $100 billion investment in the US under a new Trump presidency. And Bitcoin's record high goes higher as MicroStrategy gets added to the Nasdaq. Plus, how businesses are preparing for an energy-intensive future to power AI.
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Transcript
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| 0:00.0 | exchanges the goldman sacks podcast featuring exchanges on the forces driving the markets and the economy exchanges between the leading minds at goldman sacks new episodes every week listen now are you looking for a new podcast about stuff related to money? Well, today's your lucky day. |
| 0:22.2 | I'm Matt Levine. |
| 0:23.3 | And I'm Katie Greifeld. |
| 0:24.7 | And we are the hosts of Money Stuff, The Podcast. |
| 0:28.1 | Every Friday, we dive into the top stories about Wall Street, finance, and other stuff. |
| 0:33.0 | We have fun. We get weird, and we want you to join us. |
| 0:36.5 | You can listen to Money Stuff, the podcast on Apple Podcasts, Spotify, or wherever you get your podcasts. |
| 0:46.3 | From the heart of where innovation, money, and power collide in Silicon Valley and beyond. |
| 0:52.0 | This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. |
| 0:57.0 | Live from New York, this is Bloomberg Technology. |
| 1:12.7 | Coming up, SoftBank CEO Masayoshi Sun, set to announce plans to invest $100 billion in the US |
| 1:18.7 | during a visit with President-elect Donald Trump. |
| 1:21.0 | We're bringing the news. |
| 1:22.0 | Plus, Bitcoin rises to a record high amid micro-strategy's inclusion in the NASDAQ. |
| 1:27.1 | And Apple's got plans for a new foldable iPad and aims to bring it to market by 2028. |
| 1:33.8 | But first, we check in on these markets, which have a risk-on attitude to the day |
| 1:37.3 | as we anticipate key Fed decision come Wednesday. |
| 1:41.5 | Ahead of that, NASDAQ-100 yet a new record high. |
| 1:44.0 | We're up 9 tenths of a |
| 1:45.0 | percent. Chipmakers managing to drive higher, Micron, Broadcon, but also we're seeing Bitcoin |
| 1:49.7 | up 3.4%. We are once again escalated to new levels. We dig into the reasons why, but of course |
| 1:55.5 | Trump being one of them, the focus on the new administration, but also micro strategy likely to |
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