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Apple Rallies Most in 18 Months

Apple shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. Deepwater Asset Management Managing Partner Gene Munster joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…

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Apple shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. Deepwater Asset Management Managing Partner Gene Munster joins Ed Ludlow on “Bloomberg Technology.”
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3 Comments

3 Comments

  1. @jonathanlaue3460

    May 3, 2024 at 3:54 pm

    This is by far the best example of the stupidity of traders and uninformed investors. Stocks pop temporarily on hype. Stocks grow over the long term based on continued company growth due to performance. Apple is no longer one of those companies. Tim Cook has gone woke and Apple will go broke. Change it’s leadership.

  2. @davidwalsh9807

    May 3, 2024 at 6:32 pm

    Apple should get Siri to the level of the R1 Rabbit. Integrate a new AI chip in a new iPhone to process the information fast. The charge a subscription for an Apple AI AGENT boom 💥 the stock will explode

  3. @coolisfoolable

    May 5, 2024 at 8:17 am

    apple dropped the ball on the AI hype train, let’s all agree on that.

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Bloomberg Technology

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A group of OpenAI employees quit and form Anthropic, a powerful rival. Their exit sparks concerns the company isn’t prioritizing AI safety. In this episode of Foundering, we examine hype around AI, both its utopic dreams and visions of doom. Listen now Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full…

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A group of OpenAI employees quit and form Anthropic, a powerful rival. Their exit sparks concerns the company isn’t prioritizing AI safety.

In this episode of Foundering, we examine hype around AI, both its utopic dreams and visions of doom. Listen now

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Bloomberg Technology

Elon Musk’s Pay Package and Broadcom’s Surge | Bloomberg Technology

Bloomberg’s Caroline Hyde and Tim Stenovec break down what to expect from Elon Musk’s $56 billion pay package vote as Tesla’s shareholder meeting kicks off. Plus, a look at Broadcom’s surge as AI demand boosts its results, and we break down the financial terms of Apple and OpenAI’s landmark agreement. 05:23 Apple & OpenAI’s Financial…

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Bloomberg’s Caroline Hyde and Tim Stenovec break down what to expect from Elon Musk’s $56 billion pay package vote as Tesla’s shareholder meeting kicks off. Plus, a look at Broadcom’s surge as AI demand boosts its results, and we break down the financial terms of Apple and OpenAI’s landmark agreement.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

What Broadcom’s AI-Fueled Rally Means for the Chip Sector

Broadcom, a chip supplier for Apple and other big tech companies, saw its shares rise sharply after delivering strong results and an upbeat forecast, lifted by robust demand for artificial intelligence products. Millennia Capital Managing Partner Joe Zhao joins Caroline Hyde and Tim Stenovec to discuss his outlook for the chip sector in the context…

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Broadcom, a chip supplier for Apple and other big tech companies, saw its shares rise sharply after delivering strong results and an upbeat forecast, lifted by robust demand for artificial intelligence products. Millennia Capital Managing Partner Joe Zhao joins Caroline Hyde and Tim Stenovec to discuss his outlook for the chip sector in the context of AI on “Bloomberg Technology.”
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