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Bloomberg Technology

Super Micro and Snap Warn of Economic Headwinds, Grab Raises Forecast

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 30 April 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the drop in Super Micro’s shares after the server maker preannounced results that fell well short of analysts' estimates. Plus, Boston Dynamics CEO Robert Playter discusses the future of robotics and competition with Tesla. And Grab CFO Peter Oey explains why the Southeast Asian delivery company raised its earnings forecast.

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Transcript

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0:00.0

Possibility surrounds us in digital innovation, evolving markets, and disruptive ideas.

0:05.0

And while promises can inspire dreams, proof is the catalyst for transformation.

0:10.0

NEY Consulting, technology unlocks value, it's data that sharpens your competitive edge,

0:16.0

and it's our deep sector insights that can navigate a pathway to real outcomes.

0:20.0

This is high-value transformation that drives real change and challenges competitors to keep up.

0:26.7

With EY consulting, it's about proof, not promises.

0:30.7

How will innovations such as AI and quantum computing shape business and finance?

0:35.7

At Bloomberg Tech, more than 400 C-suite corporate technologists, engineers, investors,

0:41.8

VCs, and startup founders will come together to discuss the implications these advancements have

0:47.2

on your world, your wallet, and the future.

0:50.3

Join us June 4th and 5th in San Francisco.

0:53.1

Learn more at Bloomberg Live.com slash TechSF, presenting sponsor InvescoQQQ.

1:02.3

Bloomberg Audio Studios, Podcasts, Radio, News.

1:07.7

From the heart of where innovation, money, and power collide.

1:12.9

In Silicon Valley and beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

1:20.3

Thank you. We are live from New York.

1:35.3

And markets, they stumble after the worst contraction in US GDP since 2022,

1:42.3

suggest the economy is at risk of buckling under the way to President Trump's

1:46.0

tariff war.

1:47.0

This halting a week-long recovery in equities.

1:50.0

We're down on the S&P 500.

1:51.0

We're down on NASDAQ 1.6% ed, and you're looking at some of the individual names that drag us lower.

...

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