The "Bear" Necessities in Crypto and Tech
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 20 May 2022
⏱️ 45 minutes
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Summary
Bloomberg's Emily Chang breaks down the bear market madness, how startups are getting creative with their finances, and is there hope for the crypto market after this severe crunch.
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Transcript
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| 0:00.0 | Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental |
| 0:06.2 | leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th. |
| 0:12.8 | Title sponsor Amazon, Official Airline, Alaska Airlines. |
| 0:17.6 | Supporting sponsor, Providence. |
| 0:19.9 | Contributing sponsor, Wareyerhauser. |
| 0:22.6 | Get 40% off using promo code Radio 40 |
| 0:26.0 | at Bloomberg Live.com slash Green Festival. |
| 0:32.4 | From the heart of where innovation, money, and power collide, |
| 0:35.0 | in Silicon Valley and beyond, this is Bloomberg Technology |
| 0:40.0 | with Emily Chang. I'm Emily Changi San Francisco and this is Bloomberg Technology coming up in the |
| 0:58.2 | next hour a wild day to end a wild week the S&P on the brink of a bear market bounces back thanks to a dramatic |
| 1:04.8 | late session rally. Though still on its longest losing streak in more than 20 years |
| 1:10.1 | we'll try to make sense of the madness. |
| 1:13.0 | Plus panic in both public and private markets. |
| 1:16.0 | We're going to explore how startups are getting creative |
| 1:19.0 | as they try to stay afloat. |
| 1:20.0 | And Bitcoin dipping below $29,000. How long does the crypto crunch keep up? |
| 1:25.8 | And is there hope on the horizon? We'll discuss all that in a moment, but first it |
| 1:32.1 | looked like we'd end the day for sure in bear market territory but a late afternoon bounce back save the day |
| 1:37.0 | Is it only a matter of time though? Bloomberg said Ledlow here to walk through the movers and who is feeling the most pain. |
| 1:43.4 | Right, you get to Friday afternoon and you see this on the screen. |
| 1:47.3 | 0.01% flat on the S&P 500 and you think it's been a nothing kind of day, not so, volatility across equity markets. |
... |
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