4.5 • 49 Ratings
🗓️ 6 February 2024
⏱️ 42 minutes
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Bloomberg's Caroline Hyde and Ed Ludlow bring full earnings coverage with shares of Spotify and Palantir surging on strong results. Plus, strategists from Citibank warn positioning in tech stocks is so bullish that any selloff in the sector could spark a market rout.
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0:00.0 | The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition. |
0:12.0 | Join global business leaders and investors |
0:15.0 | to drive innovation and scale best practices |
0:17.7 | in sustainable business and finance. |
0:19.9 | Learn more at Bloomberg Live.com |
0:22.0 | slash Sustainable Viziz Singapore. |
0:24.3 | That's Bloomberg Live.com |
0:26.0 | slash Sustainable Biz Singapore. |
0:31.3 | 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. I'm Carolina. I'm Caroline Hyde at Bloomberg's world's headquarters in New York. |
0:57.0 | And I'm Ed Ludlow in San Francisco. This is Bloomberg Technology. |
1:00.0 | Coming up, full earnings coverage ahead of shares of Spotify and Palantir, they surge on strong results. Details to come. |
1:08.0 | Plus, strategists from Citibank, one positioning in technology stocks is so bullish that any sell-off in the sector |
1:14.9 | could spark a market route will break down the report. |
1:18.2 | And Adam Newman and other investors they're exploring an offer to buy We Work out of bankruptcy. |
1:24.0 | We'll bring you the latest reporting on the matter, but first let's check in on these markets |
1:27.4 | because it's a macro story. |
1:29.4 | It's after the sell-off, significant sell-off in the bond market. We see just a little bit of calmness as we |
1:35.2 | anticipate of course a lot of Fed speak to come. We're off by about 10th of a |
1:38.6 | percent on the NASDAQ more broadly. Ten-year yield down five basis points after having risen and risen fast in the last two |
1:46.0 | training days. But I look at what's happening in China, this really is the story of a |
1:49.4 | global nature today, Ed. We see of course the talk that Chichingping at the very top hierarchy |
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