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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Hunt, because they cant beat us at the ballot. They cant beat us at the ballot. And they are not going to win the presidency. E have internal polls from ohio, iowa, pennsylvania looking good, north carolina. We just won two races that a lot of people thought we were going to lose both races. One was down 17 points three weeks before the race, and he ended up winning by a substantial margin. Dan bishop. And then we had a second race, as you know, and he was up one or two points and he ended up winning by 257 points or some incredible number. I will ask you folks. I dont want to be inaccurate. Otherwise it will be a front page story. Breaking news, trump exaggerated. He was leading by two or three, but he won in the 20s. So we are looking great in north carolina, looking great in florida. And you had one or two congressmen, democrats saying listen, we cant beat them at the elections, so lets impeach him. Al green, that is a beauty. He is a real beauty, that guy. But he said very distinct

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Says blockbuster left at the companys original movie by mail service. We will hear his latest thoughts on streaming wars and tech culture. First, it finally happened. Wework is pushing back its ipo. What was once one of the most anticipated to abuse of 20 anticipated debuts of 2019 is being pushed to october. Governance problems and financials. At one point, this was the post to be a 47 billion company. Now that number is about 15 billion and perhaps smaller. Ing me to discuss, the new york, crystal, who has been covering this troubled ipo. What was the problem today . Financials, ors, governance problems . All of the above. The simple answer is they have a lot of things to address before they can go to the investors again and ask them for their money. Now we are hearing it could be 15ow as 12 billion to billion. There have been a lot of changes to governance, but investors are looking at valuations, whether they will improve financials, and whether more is needed for them to be convin

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

This is pushing back any initial shares until 2022. Forget facebook lite and what about Facebook Love . The company is working on a data service. Sources are saying that we could as much as 20 million for we work. A lot is riding on the success today. One company could get hit even harder. I am pleased to be joined here. This helps create the hyperfine board. Joanne has been covering the story for us. Lets get this all in context. Julian has been keeping abreast of the numbers. Why the lower evaluation . It could be as low as 20 . Round ipos have been increasingly common. Bit are projecting a little on we work. It is looking at the revenue and growth assumptions. To get perspective on ipos and how much this is being factored and, kathleen, your perspective on this sale, was 40 million layout of the League League . Of the most of the investors and analysts are looking at the buy side from we companies. We knew that 47 was a ridiculous number. It did not make any sense. When that round w

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

Dozens are west it as protesters target the airport and subway network. Dozens arrested. Argentine in christ it again. Capital controls try to hold the country on the as the default. Reminder on how u. S. Stocks ended the session as we begin the trading week in asia. From the dow jones for the s p to the nasdaq, you have the close and stocks within a range of 0. 15 . Not much moving ahead of the long weekend in the u. S. This s prtly we see futures pair when they opened they were down a percent. They pulled back, maybe a reaction from friday. Mostly everything that is happened since friday. On friday, u. S. Consumer sentiment measured from the university of michigan closely watched survey hit as its lowest level since 2016. Everyone waiting for tariffs which went into effect on september 1. Chinas many factoring pmis, purchasing managers index, one of the most important numbers to watch for 70 countries, when it comes to manufacturing, a big problem a whopping from the trade war. China

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Peering into palantir, our exclusive conversation with alex karp tells us why protesters wont stop them from doing business with the Trump Administration. First, a shakeup at hp, the ceo resigning, leaving the company to attend to a Family Health matter. He will be replaced by the current head of the printing unit of hp. He has been instrumental in improving cost structure and organization, helping profitability. To discuss, ian king and dan morgan. Dan, you have a position in hp. Ian, i will start with you. What more are they saying . I had a chat with them both. He reassured me this is personal and not a decision he took lightly. He has to go back to his native australia to deal with his family situation. If you take him at his word, there is no background story, no corporate scandal, no push out. Emily dan, shares of hp up 55 since he took over in the split with hpe. He has grown revenue, profitability. What is the impact on the company . It is interesting because we go back to meg

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