Bloomberg Technology
Airbnb Board Approves Share Split Ahead of IPO
Oct.26 — Airbnb Inc. is splitting its privately held shares ahead of a planned initial public offering. Bloomberg’s Katie Roof report son “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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Jackson McNeil
October 26, 2020 at 10:10 pm
Lol desperate attempt to stay afloat and survive. Not profitable at all.
Isaac Fung
October 26, 2020 at 10:49 pm
They were pre pandemic
Jackson McNeil
October 26, 2020 at 10:54 pm
@Isaac Fung Yup!
CaptainDunzo
October 27, 2020 at 1:22 am
They are profitable in Q3 and are staying afloat with cash on hand
CaptainDunzo
October 27, 2020 at 1:22 am
@Isaac Fung They are profitable in Q3 and are staying afloat with cash on hand
CaliforniaMISC
October 26, 2020 at 10:15 pm
shares will go down Covid numbers are not good
CaptainDunzo
October 27, 2020 at 1:22 am
In Q3 they hit profitability even with Covid Numbers hitting the high that they are.
CaliforniaMISC
October 27, 2020 at 1:28 am
@CaptainDunzo idk business was 60% it is significant drop, in Hollywood where i live we have too many available and price have dropped