Bloomberg Technology
Search documents
Paramount Skydance Reports Earnings, Announces Job Cuts
Bloomberg Technology· 2025-11-11 20:33
What's being cheered here. You know, sometimes cutting your way to profit and cutting your way into a good financial position is not the most exciting story. What is the Laura martin main takeaway.Well, the latter, Martin Main takeaway was I thought they left more questions unanswered than they answered. So I think one of the big questions is they just did an affiliated transaction with Oracle, which for Enterprise Software, which is the dad's company. So now you can with through pricing, move money between ...
Nvidia Shares Drop After SoftBank Sells Stake
Bloomberg Technology· 2025-11-11 17:10
The gypsies around I of late have been around and I bubble and demand concern. But ultimately these are supply side issues constraints for cool with maybe the cash constraints for SoftBank needing to sell off Nvidia. Yeah, it's really interesting how this has shifted really from the dip buying that we saw yesterday that drove Nvidia up.Corey I think was also up before the bell before it reported its results and now we're seeing really any concern on either side. I bubble or supply here is really weighing on ...
Musk Wins Pay Deal, Now Come Major Milestones
Bloomberg Technology· 2025-11-07 20:36
75% is a lot. But there also comes some significant milestones and also then talk of 50% growth in car production by the end of 2026. Can we make that gene.Now, the simple answer is that probably not. But that's what Ellen did. A master classes is ultimately is throwing a ball out there that is difficult to achieve, but he has the wherewithal to do that. And so that ball you talked about the production piece, this 50%, he puts that target out there.But then he adds these kind of qualifiers that say that, ye ...
Tesla Approves Musk Pay, Board to Review xAI Investment
Bloomberg Technology· 2025-11-07 20:34
Alexandra, this paves the way for Elon Musk to take his stake in Tesla to 25% over the course of the ten years. Could you just explain what the sentiment was like last night into this morning about how comfortable investors feel handing over that control to Elon Musk and the belief that you do or do not have that he can hit the milestones that have been set for him by the board. Oh, I'm very confident that he will hit the milestones.It's shown us before what is possible. Nothing's never easy, but if you set ...
LTK Launches Brand Profiles as Alternative to Digital Storefront
Bloomberg Technology· 2025-11-07 20:23
It's really interesting because you have, what I think 40 million monthly users globally on LTE. Okay. But they come because their creators, their favorite creator, is there telling them, advising them on what they could purchase.Why is that for Nike putting itself there as a brand individually. You know, LDK is the single largest creator e-commerce platform. We have 30% of gen-z and millennial women in the US.Using the platform there is their spinning every 60 seconds. Let's see, they're going, I think 60 ...
Affirm CEO Says Consumer ‘Really Healthy’
Bloomberg Technology· 2025-11-07 20:12
There's a lot of emphasis, at least from from Bloomberg intelligence in-house on on COD and that driving volumes. But what we've learned across this earnings period in your domain is it's worth spending a minute on the underlying behaviors of your consumers that that drove this growth in the quarter. What do you say.So despite the by obsession we're seeing in the markets today in the last few days, affirms consumer is really healthy. They're shopping, they're buying, they're paying their bills. They're you ...
'Grand Theft Auto VI' Game Delayed Again Until November 2026
Bloomberg Technology· 2025-11-07 17:46
Game Development & Expectations - Video game development is complex, especially for a highly anticipated title [1] - Rockstar and Take-Two aim for a Metacritic score of 95+ [1] - The goal is to create a near-perfect game, given its potential to be the best-selling entertainment product ever [1][2] Sales Performance & Market Position - *Grand Theft Auto V* (GTA V) has sold 220 million units [3] - GTA V sales surpass most franchises, positioning it as a top-selling game [3] - GTA V is the second best-selling game of all time, only behind Minecraft [3] Strategic Considerations - Take-Two wants to ensure the game's success from a sales perspective [2] - The success of GTA V sets a high benchmark for the new release [2][3]
Lyft CFO Says Company Focused on Investing
Bloomberg Technology· 2025-11-06 21:29
I think we'll be really interesting is okay, this current period, the outlook is strong, but what are the underlying behaviors that you're seeing driving that from riders and the different products that they're using. Absolutely. You know, a couple of things.One of the nice things is this acceleration and the foundation of our performance is multifaceted, really. So we've got we reported in the third quarter an 18% growth in active riders. And yes, that does incorporate our recent acquisition.But even in No ...
CalPERS Explains ‘No’ Vote for Musk’s $1 Trillion Pay Deal
Bloomberg Technology· 2025-11-06 21:18
Woods argument that Drew, which you heard, is that if they continue and achieve the dog goals, that this proposed package is set for mass by the board, then the outperformance of the stock will make it in the interest of shareholders. You don't agree with that. Why.Oh, thank. Thanks. So, you know, we can't predict what the market's going to do.And we're we're evaluating pay packages. We look at them vis a vis the other comparable companies. So let's say he does achieve all those goals.But to say the market ...
Chime CEO Sees Healthy Consumer Activity
Bloomberg Technology· 2025-11-06 21:10
How do you digest this sort of market move. Now you're a public company. Well, thanks for having me on, guys.It's great to be with you again. I remember being with you on our on our iPod. Yeah.Look, we're a recently issued stock. We've had two quarters now where we've. The team has done an amazing job executing.We just announced 29% revenue growth year over year, 21% growth in our member base. We added 400,000 new active members. So and we're improving our profitable profitability program profile at the sam ...