Bloomberg’s Ed Ludlow breaks down why SK Hynix’s Korean shares slumped even after reporting a six-fold jump in profit and raised capital spending to a record $31 billion. Plus, SoFi CEO Anthony Noto joins following the company’s earnings topping Wall Street estimates, but showing high expenses; and big tech earnings are on the docket, with Microsoft and Meta coming next.
Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:33 – SK Hynix Spending Soars
00:03:55 – Kioxia’s Price Target Slashed
00:04:42 – Moonshot AI Surpasses Funding Goal
00:07:49 – OpenAI Models Hacked Modal Before Hugging Face
00:10:03 – Huang: Open-Weight is “Important”
00:10:49 – AI Leaders Call for US To Pace Tech’s Growth
00:14:41 – Talking Tech
00:16:04 – SoFi CEO Anthony Noto
00:23:38 – Tech Earnings Face Market Growing Skeptical of AI
00:26:08 – Logitech Warns About Impact of Incident at Supplier
00:28:34 – WBD-PSKY Deal Collapse Would Cost Ellisons Billions
00:31:33 – Frontier AI Getting Cheaper Helps Startups: McCormick
00:37:27 – Meta Earnings Expectations
00:38:37 – Microsoft Looks To Extent AI Momentum
00:40:29 – Chipmakers Brace for AI Reality Check
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