Bloomberg News auto reporter Gabrielle Coppola speaks with hosts Carol Massar and Tim Stenovec about her Businessweek story on how social media influencers are drumming up interest from their US-based followers in Chinese EVs.

Bloomberg News auto reporter Gabrielle Coppola speaks with hosts Carol Massar and Tim Stenovec about her Businessweek story on how social media influencers are drumming up interest from their US-based followers in Chinese EVs.

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Viral Videos of Chinese EVs Fuel Envy for Cars Americans Can't Own

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b9e952ba-68ac-44f9-aa45-b43c00016128/transcript

Apple delivered second-quarter revenue that edged past analysts’ estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating.  Revenue gained 17% to $111.2 billion during the period, which ended March 28, the company said in a statement Thursday. Analysts had anticipated $109.7 billion on average. Apple itself had projected sales growth of 13% to 16%.
The company is benefiting from a series of new products launched in March, including the MacBook Neo, iPhone 17e, updated iPad Air models and a fresh MacBook Pro. The $599 Neo — Apple’s first major push into low-cost laptops — has been particularly popular and remains sold out at several retailers.
Still, the results were uneven. Apple fell short of expectations in the Americas and Europe regions, while exceeding projections in China and other parts of Asia. The iPhone — its flagship product — was in line with the average Wall Street estimate. 
Today's show features:
Ed Ludlow, Bloomberg Tech co-host
Anurag Rana, Bloomberg Intelligence Senior Technology Analyst
Kate Gulliver, Wayfair CFO

Apple delivered second-quarter revenue that edged past analysts&rsquo; estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating.&nbsp; Revenue gained 17% to $111.2 billion during the period, which ended March 28, the company said in&nbsp;a statement&nbsp;Thursday. Analysts had anticipated $109.7 billion on average. Apple itself had projected sales growth of 13% to 16%. The company is benefiting from a series of new products launched in March, including the MacBook Neo, iPhone 17e, updated iPad Air models and a fresh MacBook Pro. The $599 Neo &mdash; Apple&rsquo;s first major push into low-cost laptops &mdash; has been particularly popular and remains sold out at several retailers. Still, the results were uneven. Apple fell short of expectations in the Americas and Europe regions, while exceeding projections in China and other parts of Asia. The iPhone &mdash; its flagship product &mdash; was in line with the average Wall Street estimate.&nbsp; Today's show features:
<ul>
<li>Ed Ludlow, Bloomberg Tech co-host</li>
<li>Anurag Rana, Bloomberg Intelligence Senior Technology Analyst</li>
<li>Kate Gulliver, Wayfair CFO</li>
</ul>

Apple Tops Sales Estimates; Wayfair CFO Kate Gulliver 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/82eb2120-21a7-478f-8804-b43c0176db21/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Four of the biggest companies in the US: Alphabet, Amazon, Meta and Microsoft all reported earnings after the bell. 

- Meta Platforms shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it’s making to build artificial intelligence models won’t pay off.

- Microsoft's cloud business reported growth that narrowly beat analysts’ estimates, disappointing investors concerned that the company isn’t fully capitalizing on demand for AI services. 

- Amazon spent more than anticipated to expand data center capacity in the quarter, fueling the fastest sales growth for its cloud unit in more than three years.

- Alphabet (GOOGL) reported quarterly revenue and profit that beat projections, fueled by strong growth in its cloud computing unit, signaling that the internet giant’s unprecedented investments in AI infrastructure are beginning to pay off.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Ed Ludlow, cohost of Bloomberg Tech
Ron Westfall, HyperFRAME Research Infrastructure and Networking VP & Practice Leader
Anurag Rana, Bloomberg Intelligence Senior Technology Analyst
Matt Day, Bloomberg News Technology Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
Four of the biggest companies in the US: Alphabet, Amazon, Meta and Microsoft all reported earnings after the bell. - Meta Platforms shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it&rsquo;s making to build artificial intelligence models won&rsquo;t pay off. - Microsoft's cloud business reported growth that narrowly beat analysts&rsquo; estimates, disappointing investors concerned that the company isn&rsquo;t fully capitalizing on demand for AI services. - Amazon spent more than anticipated to expand data center capacity in the quarter, fueling the fastest sales growth for its cloud unit in more than three years. - Alphabet (GOOGL) reported quarterly revenue and profit that beat projections, fueled by strong growth in its cloud computing unit, signaling that the internet giant&rsquo;s unprecedented investments in AI infrastructure are beginning to pay off.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
<ul>
<li>Ed Ludlow, cohost of Bloomberg Tech</li>
<li>Ron Westfall, HyperFRAME Research Infrastructure and Networking VP &amp; Practice Leader</li>
<li>Anurag Rana, Bloomberg Intelligence Senior Technology Analyst</li>
<li>Matt Day, Bloomberg News Technology Reporter</li>
</ul>

Big Tech Special: Meta, Microsoft, Alphabet & Amazon Deliver Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/86ae6e4d-b325-4bff-8c13-b43b01647fca/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Manifest OS, a startup selling AI software to lawyers, has sealed a $60 million Series A funding round valuing it at $750 million.

Investors in the round include Menlo Ventures, Kleiner Perkins, First Round Capital and Quiet Capital, according to a statement reviewed by Bloomberg News.Manifest OS was founded by Dan Mishin, an entrepreneur who said he spent tens of thousands of dollars on the legal paperwork to become a US citizen. He said his company’s mission is to “end the billable hour” to make legal services accessible to all.

Manifest OS founder and CEO Dan Mishin talks to hosts Carol Massar and Tim Stenovec about his firm's latest funding round and how it's using the emerging technology in the legal world.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Manifest OS, a startup selling AI software to lawyers, has sealed a $60 million Series A funding round valuing it at $750 million. Investors in the round include Menlo Ventures, Kleiner Perkins, First Round Capital and Quiet Capital, according to a statement reviewed by Bloomberg News.Manifest OS was founded by Dan Mishin, an entrepreneur who said he spent tens of thousands of dollars on the legal paperwork to become a US citizen. He said his company&rsquo;s mission is to &ldquo;end the billable hour&rdquo; to make legal services accessible to all. Manifest OS founder and CEO Dan Mishin talks to hosts Carol Massar and Tim Stenovec about his firm's latest funding round and how it's using the emerging technology in the legal world.

AI Legal Firm Manifest OS Raises Funds at $750 Million Value

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/12a471a9-5d3b-4f09-a39c-b43a01662cee/transcript

Viral Videos of Chinese EVs Fuel Envy for Cars Americans Can't Own

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