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Bloomberg Technology

Nvidia Eyes China Expansion, ServiceTitan's Big IPO

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 12 December 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde breaks down Nvidia's autonomous research expansion in China. Plus, a conversation with the co-founders of home repair software business ServiceTitan as they go public, and Klarna looks to AI to save itself and its consumers money while they shop.

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Transcript

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0:00.0

exchanges. The Goldman Sachs podcast featuring exchanges on the forces driving the markets and the economy.

0:07.8

Exchanges between the leading minds at Goldman Sachs. New episodes every week. Listen now.

0:15.1

The forces shaping markets and the economy are often hiding behind a blur of numbers.

0:19.9

So that's why we created the big take from Bloomberg Podcasts, to give you the context

0:24.6

you need to make sense of it all.

0:26.6

Every day in just 15 minutes, we dive into one global business story that matters.

0:31.2

You'll hear from Bloomberg journalists like Matt Levine.

0:34.2

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

0:38.4

Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen.

0:47.2

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0:49.7

Podcasts, Radio News.

0:53.2

From the heart of where innovation, money and power collide in Silicon Valley and beyond.

0:59.3

This is Bloomberg Technology.

1:18.6

Coming up, Adobe drops after a disappointing annual sales outlook as investors fear AI startup competition.

1:26.6

Plus service titan goes public, shares indicated to rocket at the open.

1:31.3

We speak with the software company's co-founders.

1:33.3

And IPO in Waiting Clana joins us and the CEO discussing how it's all in on AI.

1:40.3

But first, quick check on these markets.

1:42.3

We're down three tenths of a percent as we await the opening trade. certain IPOs. At the moment, the moon music is a little bit lower. We had some of those overall inflation numbers coming from the product size of the equation, coming in a little bit hotter. Maybe that just dampens the spirits. But remember, we are so close to record highs that we met yesterday, just maybe a bit of

2:00.9

profit-taking. Move on from the NASDAQ to some individual movers. And we have got a key points

2:05.5

drag in Adobe. It is the worst performer when you're looking at the NASDAQ 100 in terms of

2:09.3

dragging us lower, some 13%. Worst day since back to March when it had its underwhelming numbers

...

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