Tech Stocks Rise on US-China Trade Talks, Trump Says Apple Will Raise US Investment
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 12 May 2025
⏱️ 45 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde takes a look at the Nasdaq's return to a bull market following US-China trade talks. Plus, Ankur Crawford from Alger discusses how an easing of US chip curbs to China could help innovation. And Gautam Mukunda, a lecturer at the Yale School of Management, says Tesla risks becoming the next Boeing if it doesn't do more to focus on safety.
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| 0:00.0 | You're listening to an IHeart podcast. |
| 0:05.0 | How did the internet go from this? |
| 0:07.8 | You could actually find what you were looking for right away, |
| 0:10.7 | bind to this. |
| 0:12.4 | I feel like him in hell. |
| 0:14.1 | Spoiler alert, it was not an accident. |
| 0:17.8 | I'm Corey Doctoro, host of Who Broke the Internet from CBC's Understood. In this four-part |
| 0:24.2 | series, I'm going to tell you why the Internet sucks now, whose fault it is, and my plan to |
| 0:30.2 | fix it. Find Who Broke the Internet on whatever terrible app you get your podcasts. |
| 0:37.7 | Bloomberg Audio Studios. |
| 0:40.2 | Podcasts, Radio, news. |
| 0:43.6 | From the heart of where innovation, money, and power collide in Silicon Valley and |
| 0:50.5 | beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. |
| 0:56.4 | Live from New York, this is Bloomberg Technology. Live from New York, this is Bloomberg Technology. |
| 1:13.1 | Coming up, stocks powering higher as global risk-on rally through a potential U.S.-China truce. |
| 1:20.1 | Plus, President Trump says he spoke to Apple CEO Tim Cook this morning about building plants in the United States and all eyes on CATL as China's battery |
| 1:28.3 | giant gets ready for a Hong Kong listing without US investors. But first we check in on these |
| 1:33.5 | markets, could we be on track for a bull market? A bull market in NASDAQ 100. We are more than |
| 1:40.2 | 20% of our lows that we hit in earlier April. All of that surrounding the anxiety that was, of course, Trump trade tariffs and the impact |
| 1:49.0 | on Magnificent 7. |
| 1:50.3 | We're currently up 3% on the day as we pull back on those extraordinary 145% tariffs. |
| 1:56.0 | Now we see a 30% tariff instead going on Chinese goods coming into the United States. Move on and have |
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