4.5 • 49 Ratings
🗓️ 26 July 2024
⏱️ 44 minutes
🧾️ Download transcript
Bloomberg's Caroline Hyde and Ed Ludlow break down the wild week that was for tech stocks. Plus: Apple loses ground in China, and the Paris Olympics kick off while bracing for a cyber attack onslaught.
See omnystudio.com/listener for privacy information.
Click on a timestamp to play from that location
| 0:00.0 | Volatile markets, global elections, central bank policy, you've got questions about the business stories that affect your world. |
| 0:08.0 | Let Bloomberg give you the answers. |
| 0:10.0 | I'm Stephen Carroll, join me for Here's Why, a new podcast that drills into one big story each week. |
| 0:17.0 | We'll explain it in just a few minutes with help from one of our 2,700 journalists and analysts across the globe. |
| 0:23.2 | Listen to Here's Why on Apple Carplay or Android Auto |
| 0:26.4 | with the Bloomberg Business App or wherever you get your podcasts. |
| 0:30.1 | Bloomberg Audio Studios. |
| 0:34.3 | Podcasts, Radio News. |
| 0:37.1 | From the heart of where innovation, money and power collie in Silicon Valley and beyond. This is Bloomberg |
| 0:45.4 | Technology with Caroline Hyde and Ed Ludlow. Live from London and San Francisco. This is Bloomberg Technology. |
| 1:07.0 | Coming up, we'll have full market coverage after a wild week for tech stocks. |
| 1:11.0 | Plus Apple losing ground. In China in China will break down why. And as the |
| 1:16.8 | Paris Olympics kick off they've raced for an onslaught of cyber attacks. But first |
| 1:21.9 | let's check in on these markets an extraordinary week. |
| 1:24.6 | In fact we have been down for three straight weeks on the NASDAQ 100. This week we lose |
| 1:28.9 | about 3%. It is the worst week well only since the previous week since last weekend, but we are |
| 1:36.3 | trading basically at the low since May and we've wiped off a ton of market capitalization. |
| 1:40.8 | Yeah, and I think a big part of the story is the magnificent seven. |
| 1:46.4 | I think you've already shown this Bloomberg Terminal Chart this week, Carrow, but it's kind of the |
| 1:50.2 | go to, you know, in the past two sessions Wednesday, Thursday, almost a trillion |
| 1:55.0 | dollars of market cap are raised. |
| 1:57.1 | And that has a broader impact on markets at an index level, but I think largely Google Google which we'll talk about later in the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.