Tech Selloff and Apple's Game Plan
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 23 September 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bloomberg's Ed Ludlow, in for Emily Chang, breaks down why a major selloff hit tech and the markets at large - with levels unseen since 2020. Plus, a look at how Apple is eating away at TV's most coveted asset: sports.
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Transcript
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| 0:00.0 | Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st. |
| 0:09.0 | Take part in solutions driven discussions on how to drive business value and unlock opportunity |
| 0:14.8 | while remaining nimble in times of change and greater ESG accountability. |
| 0:19.5 | Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore. |
| 0:23.7 | That's Bloomberg Live.com slash sustainable Biz Singapore. |
| 0:28.0 | From the heart of where innovation, money, and power collide, |
| 0:35.0 | in Silicon Valley and beyond, |
| 0:38.0 | this is Bloomberg Technology with Emily Chang. This is Bloomberg Technology. |
| 0:58.6 | Coming up in the next hour, a major sell-off hits tech and the markets at large nearing 2022 lows. |
| 1:05.0 | We'll have the latest in a moment. |
| 1:06.5 | Plus, Apple is jumping into the sports industry |
| 1:09.6 | from the Super Bowl halftime show and NFL Sunday ticket to tonight's potentially historic |
| 1:15.0 | Major League Baseball broadcast. We're talking about how the company is eating away |
| 1:19.3 | at traditional TV's most coveted assets. |
| 1:23.0 | And NASA hopes to launch the Artemis mission to the moon next week. |
| 1:27.0 | We'll get the latest from our space reporter, Lauren Grush. |
| 1:31.0 | We'll get to that in a moment but first let's talk markets Friday was rough a sell-off |
| 1:35.4 | and risk your assets deep end as fears of a global recession intensified tech |
| 1:40.0 | was not spared with the NASDAQ 100 falling to its lowest level since June |
| 1:43.9 | the S&P 500 touching two-year lows and Wall Street's fear gauge soaring toward a |
| 1:50.0 | three-month high joining me to go over this less than happy end to the week. |
| 1:54.2 | Who else? |
... |
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