Tesla’s Earnings Miss, New Crypto Firm Launches with Backing from Cantor, SoftBank
Bloomberg Technology
Bloomberg
4.5 • 49 Ratings
🗓️ 23 April 2025
⏱️ 46 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market gains on the hope of easing trade tensions. Plus, Tesla retail investor Alexandra Merz discusses Elon Musk’s plan to step back from government and why she thinks the company can dominate in full-self-driving. And Jack Mallers, CEO of Twenty One Capital explains how the new Bitcoin firm started by Cantor Fitzgerald, Tether and SoftBank plans to build wealth for investors.
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| 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 | Hello. Live from New York and San Francisco, this is Bloomberg Technology. |
| 1:37.3 | Coming up, a U-turn for Tesla, shares rise as Musk vows to pull back from Doge. Plus, news of potential job cuts send Intel shares soaring. |
| 1:48.0 | And Cantor Fitzgerald, teaming up with Tether and SoftBank to start its own crypto firm, led by Jack Malers. |
| 1:55.0 | We have him live later on in this hour. |
| 1:57.0 | But first, let's check in on the markets and Bitcoin is on the higher side, but so too are stocks. Let's look at how the NASDAQ is currently adding to a two-day gain that is the |
| 2:04.9 | best two-day gain in about 10 days since April 10th. We're actually about two weeks now. We're adding |
| 2:09.7 | about $600 billion in terms of market capitalization to the NASDAQ 100. And I'm looking at |
... |
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