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Bloomberg Tech

Stock Turnaround and Google's Monopoly Ruling

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 6 August 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow brings full market coverage as stocks stage a Tuesday turnaround after $6.5 trillion was wiped from global markets. Plus, we sit down with the CTO of Palantir as AI demand boosts the company's outlook, and the US rules Google illegally monopolized the search market through exclusive deals.

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Transcript

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0:00.0

Want to know where stress is showing up in the $20 trillion commercial real estate market?

0:08.0

Or how the clean energy transition is actually being financed?

0:11.6

Or while child care is so expensive and why so much of the global economy is going into

0:16.2

reverse, then you're in the right place.

0:18.7

I'm Tracy Allaway.

0:19.8

And I'm Jill Weisenthall.

0:21.0

Together we host the All-Thauts Podcast. Twice a week we bring on the perfect

0:25.0

guest to break down all these odd, interesting, complicated finance topics and more.

0:30.1

You can look us up wherever you get your podcasts. The Oddlods Podcast from Bloomberg. of where innovation, money and power collide in Silicon Valley and beyond.

0:45.0

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. live from San Francisco, this is Bloomberg Technology.

1:06.0

Coming up, full market coverage of stock stage, a Tuesday turnaround after 6.5 trillion dollars was wiped from Global Markets Monday.

1:14.6

Plus we sit down with the CEO of Palantir

1:17.8

as AI demand boosts the company's outlook.

1:20.6

And the US rules Google illegally monopolized the search market through exclusive deals.

1:27.0

It's a bit of a sigh of relief on Tuesday.

1:29.0

Call it a dead cat bounce talk, call it a turnaround.

1:32.0

This is what financial markets look like.

1:34.2

Notable gains on the NASDAQ 100 chip stocks recovering after it was technology

1:39.9

that led the selling in equity markets on Monday. A lot of volatility around growth concerns

1:45.1

and also economic data.

1:47.2

And then Bitcoin is interesting as well.

1:49.3

You saw at 56,000 US dollars per token.

...

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