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Transcripts For BLOOMBERG Bloomberg 20240703

Its end. The shareholders place their final votes in the battle between the mouse house and trion. We will share it sit down with a shareholder, ross gerber. Caroline spotify raising prices for the second time in a year. We will discuss that and so much more through it throughout the hour. We have a strong set of data when it comes to adp numbers and the labor force in the u. S. Maybe a pullback in the Services Area that breathes life into the equity market after the biggest selloff in a month yesterday. We are up on the nasdaq. Tenyear yield crescendos higher at the moment. Borrowing cost moving with the idea the market thinks maybe we will not get the three rate cuts the fed reserve has signaled for this year. And looking at taiwan trading. Look at whats happening in the world of crypto briefly. Currently up 1. 4 , spiking a little bit in the last couple of hours of trading. We are still at the 66,000 level. The etf flows have slowed somewhat, that means for volatile trading over in

Transcripts For BLOOMBERG Bloomberg 20240703

Look at the 10 year. Down two points. Adam celeb ski is stepping down. Aws account for most of amazons profit and the new ceo is that the units top sales and Marketing Executive ventures of oracle are rising after information was reported x ai has been talking to oracle executives about spending 10 billion to run cloud servers from the company. At the deal would make x i x ai one of oracles largest customers. Lets bring in ed ludlow. Lets start with aws and changes in the csuite. What we know about matt garman . Ed matt garvin is a long time or at aws. He started in 2005, fulltime in 2006. He went from being a product guy in the early days of aws, particularly on the compute side. Andy jaffe task tim moore with demand on the lead generation side, being Vice President for sales and marketing around the world. Selipsky stepping down as a bit of a surprise but he leaves aws and a pretty rude health. The annual revenue run rate is starting to show signs they are starting to make money, sal

Risk Appetites Roaring Anew in Wall Street s Unflappable Markets

(Bloomberg) To get a sense of the speculative euphoria in risky assets right now, consider Friday’s trading action. A slew of investing pros was transfixed by a meme-stock guru live streaming his near-$300 million position in GameStop Corp. — even as the world’s largest bond market sank anew on hot economic data. Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad

Risk Appetites Roaring Anew in Wall Street s Unflappable Markets

Risk Appetites Roaring Anew in Wall Street s Unflappable Markets
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Andrew Left, burned in 2021 meme mania, is short GameStop again

(Bloomberg) The latest GameStop Corp. frenzy has coaxed a big critic of the meme-stock craze – and a notable loser back in 2021 — off the sidelines with a new short position.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becomes First Female Pr

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