Bloomberg Technology
AI Chip Selloff Spreads Across Global Markets | Bloomberg Tech 7/07/2026
Bloomberg’s Ed Ludlow breaks down Samsung’s quarterly profit that surged on memory demand, and why it still wasn’t enough for investors. Plus, Amazon is back in the bond market, looking to raise at least $25 billion to fund spending on AI infrastructure; and SpaceX joins the Nasdaq 100 Index as sell-side coverage of Elon Musk’s…
Bloomberg Technology
Has the AI Rally Gone Too Far, Too Fast?
Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…
Bloomberg Technology
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul
Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth. “Our business today is not…
Bloomberg Technology
Chip Stocks Tumble on AI Anxiety as Oil Climbs
A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…
Has the AI Rally Gone Too Far, Too Fast?
Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul
Samsung’s Soaring Profit Fails to Lift Shares
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@1nherit0r
July 7, 2026 at 5:15 pm
The billionaires club are gathering to buy/save Halo and XBOX from MSFT…
@ThatHomelessCat
July 7, 2026 at 9:00 pm
I would of liked that timeline a lot better.