Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results

Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec break down earnings from Tesla, Microsoft and Meta as heard live on Bloomberg Radio and on YouTube.

Microsoft's spending surged to a record high and cloud sales growth slowed, sending the shares down amid investor concerns that it could take longer than expected for the company’s AI investments to pay off. Microsoft shares fell about 5% in extended trading after closing at $481.63 in New York.

Meta Platforms topped projections for quarterly revenue and gave a strong forecast for the current period, boosted by a robust online advertising business that is making it possible for the company to invest in artificial intelligence at record levels this year. The social-media company’s shares jumped more than 11% in extended trading. Meta on Wednesday said first-quarter sales will be $53.5 billion to $56.5 billion, beating the $51.3 billion average analyst estimate.

And Tesla plans to invest about $2 billion into xAI, giving Elon Musk’s artificial-intelligence startup a cash infusion despite a shareholder vote last year that failed to win approval. Its shares rose in extended trading.
Carol and Tim speak with:

Bloomberg Intelligence Senior Technology Analyst Anurag Rana
James Cakmak, Co-Founder and Chief Investment Officer at Clockwise Capital
Bloomberg News Senior Technology Reporter Kurt Wagner
Bloomberg Tech Co-Host Ed Ludlow
Bloomberg Intelligence Global Autos and Industrials Research Manager Steve Man

See omnystudio.com/listener for privacy information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(3528)

CH Robinson to Buy RXO for $5.8 Billion in Bet on AI Model

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Scarlet Fu, Stacey Vanek Smith, & Norah Mulinda-Lee Klaskow, Bloomberg Intelligence Senior Tra...

5 Okt 25min

Employment Traits of Gen Z, 'Juicy' Bond Yields, Americans Quit Bowling

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests: Suzy Welch, NYU Stern School of Business Professor Torsten Slok, Apollo chief ...

2 Okt 39min

Tesla’s EV Sales Top Estimates With Car Business Stabilizing

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Craig Trudell, Bloomberg Managing Editor of Global Business Coverag...

2 Okt 26min

Micron Gives Bullish Forecast, Even as Pay Raises Crimp Margins

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu- Jake Silverman, Bloomberg Intelligence Semiconductor Analyst, reca...

1 Okt 27min

Apple Is Ready to Make Long-Awaited Push Into Smart-Home Market

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Matthew Bloxham, Bloomberg Intelligence Senior Media and Tech Analy...

30 Sep 21min

Smart Ring Maker Oura Delays IPO

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu-Anthony Hughes, Bloomberg US Equity Capital Markets Reporter, discu...

29 Sep 22min

Nvidia Boosts Share Buyback Program by $150 Billion

28 Sep 27min

What The Bond Selloff Means For Your Wallet & Simplifying Finance For Your Family

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests: Mexico Secretary of Foreign Affairs Roberto Velasco Alvarez, BlackRock Portfoli...

26 Sep 47min