Tech Selloff Day 2 and DoorDash Earnings
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 6 May 2022
⏱️ 39 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang takes a look at the continuing tech selloff and what it means for tech valuations, and she speaks with DoorDash CEO Tony Xu on how they can sustain post-pandemic growth after positive first quarter earnings. Plus, a look inside Meta's first ever physical store.
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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. |
| 0:36.0 | In Silicon Valley and beyond, this is Bloomberg Technology with Emily J. I'm Emily Chang in San Francisco and this is Bloomberg Technology coming up in the |
| 0:58.1 | next hour market malaise the S&P 500 and the Tech Heavy NASDAQ 100 having their worst weekly run of |
| 1:06.1 | declines for a decade as US job numbers reinforce the idea that the Fed is |
| 1:11.9 | staying the course on rates. |
| 1:14.0 | Plus, Doordash shares get caught in the down draft, |
| 1:17.0 | selling off for another day, hitting an all-time low. |
| 1:20.0 | This despite strong earnings that show customers still paying for takeaway as we move into our post-pandemic world. |
| 1:26.2 | A conversation with Door Dash CEO Tony Shoe is coming up. |
| 1:30.0 | And Meta's latest leap into the Metaverse is a real world store. |
| 1:36.0 | We go behind the scenes at the company's first retail location ahead of its grand opening. |
| 1:41.0 | I want to stick with that volatility |
| 1:43.2 | that continues to dominate the markets |
| 1:44.9 | and bring in Mark Mahaney of Evercore. |
| 1:47.3 | And Mark, some of these companies actually |
| 1:48.5 | had strong earnings results, but they're still |
| 1:50.8 | getting caught up in this down draft. |
... |
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