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Transcripts For FBC Varney Company 20240713

Stabilize and support the financial system, support and rescue. Its moving quickly. On the ground, it is grim. 22 states have deployed the national guard. The virus is now infected all 50 states and d. C. And this is a first, kansas closes all schools for the rest of the school year. Its beginning to sink in that many of us will be confined to our homes for weeks and millions will not be getting a paycheck. You are waking up to an anxious america. Theres an eerie feeling when you see empty cities, shuttered businesses and a country thats really grinding to a halt. Now the markets. Limit down before the opening bell. We might be 5 or 6 down in early trading. Remember, if the s p goes down 7 trading is halted for 15 minutes. We have already seen that twice. The dow, s p, nasdaq limit down, big red arrows right there. Look at this. The yield on the tenyear treasury is now 1. 12 . So money is coming out, repeat, out of treasuries. Why is that . In part because some investors have to cover

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Annual ces event in las vegas. We hear from the heads of micron, qualcomm, Verizon Media, and queen vee. And Tesla Ceo Elon musk cuts a rug after delivering the first customer cars from the shanghai factory. Shares touch record highs. Our top story this week brought increased tensions between the u. S. And iran. Last friday, a military strike in Baghdad International airport took out one of irans top generals. Tehran responded by launching missiles at u. S. Interests in iraq. It all roiled the markets and created new fears of cyber warfare. CyberSecurity Firms like cloudflare were up this week as a result. I was joined by marcus salary the director of strategic threat tracei Security Firm dark and our cybersecurity reporter. I think there is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. They are never going to go to totoe with the united states, at least in this realm, in a conventional battle. In the cyber realm, t

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Content, and digital assistants. We have highlights from the annual ces event in las vegas. We hear from the heads of micron, qualcomm, Verizon Media, and quibi. And Tesla Ceo Elon musk cuts a rug after delivering the first customer cars from the shanghai factory. Shares touch record highs. Our top story this week brought increased tensions between the u. S. And iran. Last friday, a military strike in Baghdad International airport took out one of irans top generals. Tehran responded by launching missiles at u. S. Interests in iraq. It all roiled the markets and created new fears of cyber warfare. CyberSecurity Firms like cloudflare and fireeye were up this week as a result. I was joined by marcus fwoler, the director of strategic threat at ai Security Firm darktrace, and our cybersecurity reporter kartikay mehrotra. Kartikay i think there is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. They are never going to go to

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Micron, qualcomm, verizon. Tesla ceo elon musk cuts a rug after delivering the first customer cars from the shanghai factory. Shares touch a record high. This week brought increased tensions between the u. S. And iran. A military strike in baghdad and in baghdad took out one of irans top generals. They responded by launching missiles at u. S. Interests in iraq, roiling the markets and creating new fears of cyber warfare. Cybersecurity firms like cloudflare were up this week as a result. I was joined by the director of strategic threat at an ai security firm. There is a significant distinction between irans battlefield capabilities and where they are on the cyber front. They are never going to go toe to toe with the United States in this realm in a conventional battle. In the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the United States, so even though they have not gone that route in terms of immediate reprisal, it is not out

Transcripts For BLOOMBERG Bloomberg Technology 20240713

With amosite in the Cloud Business. A new target seems to be retail customers. First, to our top story. Last year, apple ceo tim cook stunned investors when the company readjusted its forecast due to struggles in china. Official Government Data shows the apple smartphone shipments in china grew almost 19 . That marked a big jump from previous months. It is particularly remarkable when shipments of phones of all brands were down nearly 14 in the same period in china. Surprised about the amount of bullishness we seem to have on china . That number is a surprise. The broad push in china to focus on huawei and have consumers by huawei funds instead of iphones. That was the concern for a lot of last year. Some of the trade tension has come down. Athink more to the point is device like the iphone 11 is a little bit cheaper. The battery life is very long. The photos you can take are a lot better than the previous version. When you put all those things together and combine it with a large back

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