Bloomberg Technology
Affirm’s Max Levchin Responds to New Competition From Apple
Jul.16 — Affirm CEO Max Levchin discusses Apple’s announcement that they will collaborate with Goldman Sachs and start allowing customers to buy products using Apple Pay and pay off the purchases in installments, which will be in direct competition with his company. He speaks with Emily Chang on “Bloomberg Technology.”
Bloomberg Technology
Microsoft’s Big Bets on AI Start to Pay Off
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…
Bloomberg Technology
Anthropic Weighs Offering 15%-20% of IPO to Retail Investors
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…
Bloomberg Technology
Investors Eye AI Payoff in Microsoft, Alphabet Earnings
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…
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Fred
July 16, 2021 at 11:49 pm
Sell the stock they’re done
3k1ng
July 16, 2021 at 11:51 pm
Sure, let’s teach consumers they can buy stuff with the money they *don’t* have. great question Emily!
Andrew M
July 17, 2021 at 2:19 am
struggled to answer the hard questions
Jack Dye
July 17, 2021 at 8:37 am
CEO saying underwriting for 10 years is his advantage is quite concerning lol. How long has Goldman been underwriting?? I think apples got plenty of time, time is not your advantage. You can see he knows affirms going to 0 and hes looking for the exit
Chandrahas M
July 17, 2021 at 10:28 am
I wish Apple acquires Affirm for some 10-15B USD
Abu Feras Abdullah
July 17, 2021 at 7:57 pm
Apply gonna get ya
Shahar Rozenbloom
July 17, 2021 at 10:33 pm
Apple will hire great Workers from Affirm and Compnies Like That. And there will also pay with 10 Pays every Two Weeks even to iPhone and iPad with Pay Later Tim. Between 2,000$ and less to 10,000$ depand On Budget Credit Card. No interst and Store will pay.
RP G
July 17, 2021 at 11:51 pm
comment section owns puts… they’ve obviously never used AFRM or understand its seemless integration. No need to setup Apple Pay. No need to setup an account. All you need is a phone number. AFRM TO THE MOON!
mrPmj00
July 18, 2021 at 8:06 am
FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel, Zoom…
___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron for the recovery.
Warren buffet quotes: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
S GL
July 18, 2021 at 8:18 pm
Apple has a way bigger brand name as well as pockets sad for smaller firms they are getting squeezed out.
Unless they can maintain differentiation in brands for customers.