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Bloomberg Technology

Apple's Big US Investment, Musk's Federal Worker Orders

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 24 February 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Jackie Davalos break down Apple's $500 billion investment in the US and the company's plans to boost hiring as it seeks relief from President Trump's tariffs. Plus, TD Cowen analysts say Microsoft is cancelling some leases for US data center capacity, and Elon Musk's emails asking federal workers to justify their jobs is dividing the Trump administration.

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Transcript

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0:00.0

Don't miss the fifth Qatar Economic Forum powered by Bloomberg this May 20th to 22nd, live in Doha.

0:08.4

Programmed by Bloomberg News, the Qatar Economic Forum will convene the world leaders and international CEOs who are providing unique perspectives on the critical issues facing the global economy.

0:20.0

Join us in Doha and be there as it happens.

0:22.9

Request an invitation today at catar economic forum.com.

0:32.5

Bloomberg Audio Studios,

0:35.0

Podcasts, Radio News.

0:38.4

From the heart of where innovation, money, and power collide,

0:43.6

in Silicon Valley and beyond,

0:46.2

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

0:51.1

Thank you. and Ed Ludlow.

1:06.7

Live from New York, I'm Caroline Hyde.

1:09.1

And I'm Jackie Devales in San Francisco.

1:10.6

This is Bloomberg Technology.

1:13.7

Coming up, Apple to spend $500 billion in the U.S.

1:17.2

and boost hiring as it seeks relief from Trump's tariffs.

1:21.5

Plus, Microsoft cancels some leases for U.S. data center capacity according to TD Cowan analysts.

1:24.4

Has the company's AI computing strategy changed?

1:26.7

We discuss.

1:29.0

And a look at how Elon Musk's federal federal worker orders to justify their jobs is dividing the Trump administration. But first,

1:34.4

we check in on markets that once again fall. We were down hard on Friday. We continue on the

1:38.6

lower side of by 9 tenths percent bouncing off our lows, but still near the intraday woes of the

1:43.7

day on the NASDAQ 100.

...

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