We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Tesla’s Europe Sales Plummet, IBM and ServiceNow Beat Expectations

Tesla’s Europe Sales Plummet, IBM and ServiceNow Beat Expectations

2025/4/24
logo of podcast Bloomberg Technology

Bloomberg Technology
AI Chapters Transcript
Chapters
The hosts discuss the possibility of the Federal Reserve providing some relief with potential rate adjustments as early as June. Despite market uncertainties, big tech is rallying, marking the third consecutive day of gains for the NASDAQ 100, which has added a trillion dollars in market capitalization. Bitcoin's performance is diverging from stocks, possibly due to profit-taking after hitting $93,000.
  • Potential Federal Reserve rate adjustments may occur as early as June.
  • The NASDAQ 100 has gained a trillion dollars in market capitalization over three days.
  • Bitcoin's performance is diverging from stock market trends.

Shownotes Transcript

Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet prepares to report after the bell, setting the tone for Magnificent Seven results. Plus, ServiceNow CEO Bill McDermott discusses the company’s outlook amid the threat of tariffs and the government's cost-cutting efforts. And Neo CEO Ali Partovi explains why he still focuses on backing founders with computer science backgrounds, even as AI takes over coding tasks.

See omnystudio.com/listener) for privacy information.