Bloomberg Technology
Cryptocurrency Firm Circle Will Go Public via SPAC
Jul.08 — Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, and Bob Diamond, CEO of special purpose acquisition company Concord Acquisition Corp., dive into Circle’s $4.5 billion valuation, stablecoins, and the next chapter of digital finance. They speak with Bloomberg’s Sonali Basak and Caroline Hyde 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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Microsoft’s Big Bets on AI Start to Pay Off
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Abram Neitling
July 12, 2021 at 12:19 am
On 5 different block chains eh? Guess I should pack my bags of Algorand, Stellar, ETH, Solana and HBar ????
XRP Freak
July 12, 2021 at 12:25 am
Good choices. Also might add XRP. Every country in the world is running a private version of Ripple which are all connected via ILP of Ripple using XRP for settlement.
Brent Dullum
July 12, 2021 at 12:42 am
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mrPmj00
July 12, 2021 at 2:46 am
Have you noticed that Wall Street Journal, Yahoo, CNBC, CNN and bloomberg hate tech (even though most of us have 401k plans that have big tech) and push crypto crap,
NFT ponzi scheme, and meme/gambling stocks like AMC/gamestop/SPAC, promoting China, and scaring investors by promoting inflation?
For the fools that bought crypto in May 2021, they’ve lost -50% as of July 2021.
You’re wrong about inflation going up. Most people aren’t buying new cars. However, most people DO buy gas and that’s roughly the same as a year ago, not to
mention that we work from home and saved soo much money by not spending on gas or maintenance, and tons more on not having to pay for daycare costs.
Inflation or no Inflation, who cares. Own high quality companies whose products and services have pricing power, that leads them to have stable growing cash flows.
Price will take care of the rest…
FUNKYFRESH707
July 12, 2021 at 3:38 am
USDC XLM XRP
Coin Siaran
July 12, 2021 at 7:09 am
FAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAKKKKKK #VICS rise up!
AJ
July 12, 2021 at 9:45 am
UST is the real stable coin
Kolypsa
July 12, 2021 at 10:15 pm
We already have a Fed-coin. It’s called the US dollar. Lol