Bloomberg Technology
Some Car Companies Won’t Survive Battle Over EVs
Mar.15 — Former Aston Martin CEO Andy Palmer says some car makers won’t be able to pivot fast enough and make more electric cars. He appears on “Bloomberg Markets.”
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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Alx
March 15, 2021 at 5:29 pm
China has Concentration Camps for Millions of Muslims Boycott made in China
NuclearNow_SolarLater
March 15, 2021 at 5:32 pm
Lol and they left the EU????
zbLoodlust087
March 15, 2021 at 5:36 pm
the race isn’t EV it’s autonomous EV
Mark Umbers
March 15, 2021 at 10:01 pm
Absolutely. Tesla’s market cap is way over priced without autonomous and way undervalued if they nail it.
mrpmj00
March 15, 2021 at 5:41 pm
– businesses and consumers buy from Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix so these are the stocks you want to own..;;
Jay Jay
March 15, 2021 at 5:42 pm
It’s true. BMW will be one of the first to fall.
Amuzic Earth
March 15, 2021 at 6:37 pm
I thought Mercedes will be the first. ????
4GUI4
March 15, 2021 at 5:49 pm
it’s a bubble and like every bubble …..
steven zhou
March 15, 2021 at 5:55 pm
If China is to success, who will be? NIO is the top one candidate
Hassan
March 15, 2021 at 6:03 pm
Did you guys just realize this? We understood this way long ago.
Luke Puplett
March 15, 2021 at 6:11 pm
It’s because we have such bushy laurels to sleep on, Hassan.
Amur Ika
March 15, 2021 at 6:05 pm
Damn China
RISE
March 15, 2021 at 6:24 pm
Is NIO now the best performing Chinese electric car brand there is? Or are there other ones with more experience and progression?
J C
March 15, 2021 at 6:29 pm
Tesla is ahead of the game after many years of challenges. The mind set is to not compete with Tesla; it’s to help build a zero Co2 emission vehicles to help have a sustainable planet. Tesla never talked about competing, they actually encouraged other big auto companies to join Tesla, which why Tesla opened up thousands of proprietary technology.
Sarabeth
March 15, 2021 at 7:32 pm
The US EV market is already mostly saturated. Even Tesla is going to see declining sales soon because of the loss of the consumer tax credit. The US market is made up of a small percentage of well off early adopters and 90% of consumers who just won’t buy an electric car. The wealthy early adopter market is already saturated and Tesla is currently saturating the upper middle class early adopter market. The actual middle class ($40K – $80K annual income) cannot afford any Tesla so they can’t go there. Maybe 20 years from now, EVs will be in everyone’s garage but not any time soon.
char
March 15, 2021 at 9:30 pm
Guy not attractive = put Tesla car in thumbnail instead ???? ???? ????
Matthew M
March 15, 2021 at 10:28 pm
Guy not attractive = keep default profile picture ????????????…oh wait