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Tech Selloff Deepens: Nasdaq 100 Faces Worst Drop Since 2022 | Bloomberg Technology

Bloomberg’s Ed Ludlow covers the Nasdaq 100’s worst drop since 2022 as tech leads a global market selloff. Plus, we look at Apple as Berkshire cuts its stake in the company by nearly 50%. And the future of AI startup Groq as it hits a $2.8 billion valuation. Chapters: 00:07:02 – Edward Jones Senior Strategist…

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Bloomberg’s Ed Ludlow covers the Nasdaq 100’s worst drop since 2022 as tech leads a global market selloff. Plus, we look at Apple as Berkshire cuts its stake in the company by nearly 50%. And the future of AI startup Groq as it hits a $2.8 billion valuation.

Chapters:
00:07:02 – Edward Jones Senior Strategist Angelo Kourkafas
00:19:21 – Groq Founder & CEO Jonathan Ross
00:26:16 – Laffer Tengler Investments CEO & CIO Nancy Tengler
00:33:41 – Wellington Private Investments Consumer & Tech Lead Matt Witheiler
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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10 Comments

10 Comments

  1. @Rightround0846

    August 5, 2024 at 3:18 pm

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  2. @deniroulewah

    August 5, 2024 at 3:42 pm

    I would also go short on APPLE considering their late integration of AI on their gadgets, it was too late. Apart from that, HP and NVIDIA are introducing one of the best gadgets integrated with AI, so, Apple don’t have a chance in the future AI market

    • @basilihuoma5300

      August 5, 2024 at 4:05 pm

      Great point.

    • @microbe_rz37-rn1dk

      August 5, 2024 at 5:32 pm

      Apart from the immediate options play, I’d definitely say not too late considering latest news from the journal Nature about AI model collapse. Basically LLM’s feedback bad information back into themselves and deteriorate. I’ve noticed this first hand working with Meta AI Llama-3 recently.

    • @renereiche

      August 5, 2024 at 6:14 pm

      The DCLM 7b SLM (small language model) that Apple made public last week, which should be a better, larger version than what they will put on devices, was not bad but it was much weaker/dumber in the usual AI benchmarks than Meta’s LLAMA3 8b and Microsoft’s Phi3 mini model (which is only half the parameter count (3.8b) of Apple’s SML and yet much smarter). So I don’t have a lot of trust in Apple’s AI until they show real world results.

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Bloomberg Technology

Nvidia Rises, Silicon Valley Faces Election Divide | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the tech trades on the eve of US elections and why the director of the Cybersecurity and Infrastructure Security Agency is issuing warnings ahead of election results. Plus, Donald Trump and Kamala Harris leave Silicon Valley divided. Chapters: 00:06:23 – Laffer Tengler Investments CEO Nancy Tengler 00:26:42 –…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the tech trades on the eve of US elections and why the director of the Cybersecurity and Infrastructure Security Agency is issuing warnings ahead of election results. Plus, Donald Trump and Kamala Harris leave Silicon Valley divided.

Chapters:
00:06:23 – Laffer Tengler Investments CEO Nancy Tengler
00:26:42 – Tech4Kamala Co-Founder Shannon Nash
00:34:37 – Aloft VC Founder Crystal McKellar
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

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Bloomberg Technology

Donald Trump’s Potential Silicon Valley Impact

Aloft VC founder Crystal McKellar, joins Caroline Hyde and Ed Ludlow to discuss the impact of a potential second Donald Trump term on the tech sector. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Aloft VC founder Crystal McKellar, joins Caroline Hyde and Ed Ludlow to discuss the impact of a potential second Donald Trump term on the tech sector. She speaks on “Bloomberg Technology.”
——–
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Bloomberg Technology

Kamala Harris’ Potential Silicon Valley Impact

Tech4Kamala group co-founder Shannon Nash joins Caroline Hyde and Ed Ludlow to discuss the impact of a potential Kamala Harris win on the tech sector. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow…

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Tech4Kamala group co-founder Shannon Nash joins Caroline Hyde and Ed Ludlow to discuss the impact of a potential Kamala Harris win on the tech sector. She speaks on “Bloomberg Technology.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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