Bloomberg Technology
Food Delivery Services Are Here to Stay: DoorDash CFO
May.14 — DoorDash CFO Prabir Adarkar discusses the company’s successful Q1 earnings as people continue to use food delivery services despite the growing number of restaurants reopening for indoor dining. He also talks about DoorDash competing with delivery services like Uber Eats and Instacart, and how the possibility of reclassifying workers may affect the company.…
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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Stock Trading
May 14, 2021 at 7:16 pm
In general terms, its a good product, but Dash is not going to be the provider. Dash is trading at almost 20x sales and its bleeding money like crazy. As more localized competition comes on, dash is doomed.
Roman O
May 14, 2021 at 8:04 pm
never profitable business concept
mrPmj00
May 14, 2021 at 8:16 pm
buy the dip!
Go Amazon, Apple, Facebook, Twitter, Nvidia, Microsoft, Netflix. Disney and Wells Fargo for the recovery———–