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Apr 2, 2024
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not banking. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. caroline: time for talking tech. elon musk's starlink claims is relative high-speed internet and italy is being instructed by telecom italia. the possible repercussions for services across nothing europe and north africa. the u.s. is asking south korea to adopt restrictions on semiconductor technology exports to china similar to those washington has already implement it. it's another sign the biden administration is trying to thwart'beijings chip ambitions. japan has approved 3.9 billion dollars in subsidies to chip venture rapidus. the economy minister said the additional funding will help them by chipmaking equipment and develop advanced back in chipmaking processes
not banking. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. caroline: time for talking tech. elon musk's starlink claims is relative high-speed internet and italy is...
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Apr 19, 2024
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not banking. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. ed: let's get back to those breaking news headlines out of washington, d.c. in the house, ukraine aid and tiktok ills have cleared a procedural hurdle. kailey leinz is in washington, d.c. we are waiting for a summary on the comments from johnson. what do we know? not good quite, we will get to kailey when she is ready. separately, chuck schumer is speaking and saying lawmakers should plan to work this weekend. in the context of the
not banking. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock...
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Apr 5, 2024
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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ed: breaking news, reuters is reporting that tesla has scrapped plans for a low-cost car. reuters reporting that tesla has scrapped plans for a low-cost car. the stock is down 5%. there was an idea that a model under 25,000 was coming. there was a big impetus to doing it, they delayed it and it was back on the table. reuters citing sources on the story we will get on the phone and ask elon musk and other executives of this is true but the reuters report is that the pavement is they go back to focusing on robotaxis. build the vehicle where ownership is not important. they were looking for control of the fleet. caroline: long-term this was the 2006 master plan you can build expensive cars but 25,000 seems to all be too much. the competition coming from china do you think that is the case or is it the element of margin? ed: were supposed to be between two waves the next wave was to be built on the cheaper model. let's be patient. the stock is react
for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ed: breaking news, reuters is reporting that tesla has scrapped plans for a low-cost car. reuters reporting that tesla has scrapped plans for a low-cost car. the stock is down 5%. there was an idea that a model under 25,000 was coming. there was a big impetus to doing it, they delayed it and it was back on the table. reuters citing sources on the story...
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Apr 1, 2024
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not banking. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ed: huawei continued its performance. in the back of its cloud division. they reported net profit of about $2 billion u.s. dollars in the december quarter. that is up more than 65% from a year earlier. plus, openai plans to open an office in tokyo in april as the ai pioneer begins to build out its international operations. it will be the first office in asia and the third international location after they opened offices in london and dublin last ye
not banking. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr....
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Apr 15, 2024
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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. caroline: apple is facing its worst iphone slumps in scope -- covid as competition in the chinese market heats up. third-quarter shipments are sliding worse than expected, almost 10% since they delivered 51 million phone 51 -- phones, fully shy of estimates. mark joins us now with the context on who is providing the data and what it means about apple versus other competitors. mark: these smartphone shipments are there analysis based insights as to how many units were shipped. we don't know for sure, we will get a better idea on may 2, when they announced an earnings report and get a better idea from other phone makers. idc is usually on target in terms of a general range or in terms of the overall theme. the overall theme this time around is a nearly 10% shipment decline on an annual basis for apple. it's the most significant decline of any of the phone makers that they track, indicating that samsung is back in the number one global smartphone s
for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. caroline: apple is facing its worst iphone slumps in scope -- covid as competition in the chinese market heats up. third-quarter shipments are sliding worse than expected, almost 10% since they delivered 51 million phone 51 -- phones, fully shy of estimates. mark joins us now with the context on who is providing the data and what it means about apple...
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Apr 10, 2024
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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. >> welcome to bloomberg markets. hot u.s. inflation tops forecast for third straight month and delays fed rate cuts until later in the year. we are starting with equities. s&p 500 down on the day 1.1%. dow jones industrial average down 1.3%. they are off the session lows, but still taking a dive for the day. the vix is a bit higher, above its average for the full year, but well off its highs. let's take a look at yields.
for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. >> welcome to bloomberg markets. hot u.s. inflation tops forecast for third straight month and delays fed rate cuts until later in the year. we are starting with equities. s&p 500 down on the day 1.1%. dow jones industrial average down 1.3%. they are off the session lows, but still taking a dive for the day. the vix is a bit higher, above its...
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Apr 3, 2024
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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ed: time for talking tech. chipmaker -- has picked citigroup as the lien bank on the initial public offering. the company chose the lender of the holding discussions with potential advisors on a u.s. listing. cerebras is targeting that in the second half of the year. evaluation over $4 billion. during the phone call between president biden and president xi they are said to have discussed tiktok. john kirby told reporters biden reiterated to xi concerns about chinese ownership of the popular video sharing app. he said it was not about a ban of the application but rather u.s. interests and divestiture. caroline: let's talk about a previous president donald trump who is suing two cofounders of trump media and technology saying they said if the company improperly issued not get any stock in it. this comes amid wild swings in shares of the recently public company. they went there a spac. we will talk about it with bailey lipschultz. talk about the is
for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ed: time for talking tech. chipmaker -- has picked citigroup as the lien bank on the initial public offering. the company chose the lender of the holding discussions with potential advisors on a u.s. listing. cerebras is targeting that in the second half of the year. evaluation over $4 billion. during the phone call between president biden and president...
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Apr 18, 2024
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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ed: you are looking at a live shot of the principal room. less than a month out from bloomberg technology's live event in san francisco. check out the qr code for the details you need. this is bloomberg. caroline: new york tech unicorn maven clinic is the largest virtual clinic for women and family health and its expanding its award-winning fertility and family building program. it's raised $300 million between general capital -- catalyst to name a few. we are pleased to welcome kate ryder to the show. you have more than 2000 clients using your product when you go to them and say this is the benefit you are going to garner by offering this, what is it? >> clients are interested in supporting their families so it's been covid was one where working families are really stretched and in general women's health whether it's fertility or pregnancy, menopause is just an area so underfunded and underserved from an experienced standpoint that employers re
for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ed: you are looking at a live shot of the principal room. less than a month out from bloomberg technology's live event in san francisco. check out the qr code for the details you need. this is bloomberg. caroline: new york tech unicorn maven clinic is the largest virtual clinic for women and family health and its expanding its award-winning fertility and...
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Apr 8, 2024
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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. caroline: this is "bloomberg technology." coming up on bloomberg television, "etf iq." this is bloomberg. hello alice is a fintech started offering grants, networking opportunities, and access to entrepreneurs. -- this is despite being on the front lines of a litigation law over diversity in corporate america. six month ago, he was hit by a lawsuit filed by america first legal, which has lodged at least six other di related suits elsewhere. he claims a grant program by hello alice, karen for black -- co-run for black-owned small businesses is discriminatory. we will dive into this ongoing legal battle and the ultimate growth of the business. hello alice cofounder and president elizabeth gore is with us. it comes at a time when the eei discussion pendulum has swung significantly. there is this view that allocating grants to people of color is somehow discriminating against white founders. how has that been intersection for the business, or has it
for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. caroline: this is "bloomberg technology." coming up on bloomberg television, "etf iq." this is bloomberg. hello alice is a fintech started offering grants, networking opportunities, and access to entrepreneurs. -- this is despite being on the front lines of a litigation law over diversity in corporate america. six month ago, he was...
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Apr 16, 2024
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ed: banks are big this tuesday. ai has been changing the game. listen to a soundbite from pnc earlier today. >> technology now is allowing us to move data to the cloud and then to do things with artificial intelligence that we never could do before. it now is being used by our investors, being used by the frontline to make decisions. that is a very different use of technology and i think that is very exciting. ed: let's bring in sonali basak. bank of america is what is moving in the market and his thoughts on the ai story put it better than i ever could, to summarize what is happening this tuesday morning. sonali: when you thing about bank of america, it is their propensity to bring in new clients and keep a handle on costs. one thing being asked of the ceo was if further investment in digital ideation -- digitization of the bank would help bring efficiency ratios down below 60%, and you had brian moynihan say they were pushing to get that done. some interesting statistics. when you thick about how quickly our -- how quickly things are going digi
ed: banks are big this tuesday. ai has been changing the game. listen to a soundbite from pnc earlier today. >> technology now is allowing us to move data to the cloud and then to do things with artificial intelligence that we never could do before. it now is being used by our investors, being used by the frontline to make decisions. that is a very different use of technology and i think that is very exciting. ed: let's bring in sonali basak. bank of america is what is moving in the...