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Bloomberg Tech

Stocks Hit Highs and Apple's EU Warning

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 19 September 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow drill down on tech outperforming as stocks jump on the jumbo Fed rate cut. Plus, Apple gets a warning from the EU to open up its iPhone Operating System, and Elon Musk's X is back on in Brazil after the platform bypassed a ban through a software update.

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Transcript

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0:00.0

This is Tom King. I'm Carol Masser.

0:02.0

And I'm Joe Matthew.

0:03.0

And we want to tell you about Bloomberg News Now.

0:05.5

It's news when you want it on your schedule.

0:08.5

Subscribe to Bloomberg News Now on Apple, Spotify, or any podcast platform.

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0:16.9

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0:18.9

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0:23.5

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0:25.0

Subscribe to Bloomberg News now.

0:27.0

On Apple Podcast, Spotify, or anywhere you listen.

0:30.0

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 Edna Ludd Lubb. Live from New York and San Francisco. This is Bloomberg Technology and

0:58.3

tech it outperforms the stocks jump on the Jumbo Fed Rate Cut. We talk mega caps on the move. Plus Apple gets an

1:06.1

EU warning to open up its iPhone operating system. And Elon Musk's X is back on in Brazil,

1:13.4

how the platform bypassed a ban through a software update.

1:16.8

But first, let's check in on these markets

1:19.1

because risk assets are up and to the right.

1:21.6

We have finally found that bid post the Fed rate cut of some 50 basis points and we

1:25.6

roar high the best day in at least a month for the NASDAQ 100 up almost 2.5%

1:29.9

and crypto too getting its mojo on 4 and a half percent if you're looking at

1:33.8

Bitcoin and ed you're going to look at the mega caps. Yeah I mean the biggest

...

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