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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Speech at Georgetown University on thursday. And the huawei perspective. On 5g, securities concerns and more. But first, our top story. Percent six and a half 6. 5 . S comes after posting the consecutive quarters for slower sales. Line start with the top where there is not enough growth for red hot red hat to offset the cost. This is one word expectations. If you look at ibms core business, they are managing it for profitability as if they can. As people build the hyper cloud infrastructures, there needs in the Core Technology space, those change. They will need to drive efficiency in that area and automate where they can, Deploy Technology that allows them to , so less costs in that area they can stabilize that part of business. To say stabilized is no overstatement. Business was not able to grow in revenue terms. When do you need to see it filtered through to the bottom line . You look closely, we are starting to see it now. What that means is you have a red hat product that is put t

Transcripts For RT Boom Bust 20240713

The coastal states amid the still today in studio to help us sort through the safety concerns in the coastal states a myth. That is a lets go and. That is to lets go and dive right in. The u. S. Economy grew at a 1. 9 percent annualized rate. The u. S. Economy grew at a 1. 9 percent annualized rate beating expectations of 1. 6 percent but still below the already weak 2nd quarter per expectations of 1. 6 percent but still below the already weak 2nd quarter print this 3rd Quarter Report reflected increases in Consumer Spending household investment this 3rd Quarter Report reflected increases in Consumer Spending household investments and exports while Business Investment inventory investments decreased personal comments and exports while Business Investment inventory investments decreased personal. And was the main driver as American Household spending rose 2. 9 percent growth in private domestic investment higher consumption was the main driver as American Household spending rose to 1. 5

Transcripts For BLOOMBERG Bloomberg Technology 20240713

We have more on his appearance, plus reaction. And the huawei perspective. We get thoughts from the chinese telecoms Carrier Business Group on 5g, securities concerns and more. But first, our top story. Ibm fell as much as 6. 5 , the most since october 2015. This comes after the fifth consecutive quarter for posting slower sales. Joined by my am guest. Lets start with the top line decrying. Is there not enough growth from red hat to offset the cost in that core business . Yes. Frankly, this is a question of one word, which is expectations. There are a lot of expectations for red hat that paid a lot for the Company Going forward. If you look at ibms core business, they are managing it for profitability as best they can. But the Global Services segment has historically been a profit driver and a cash cow. But you have to remember as people build the hyper cloud they moveture, as more of the cloud, there needs to be in the Core Technology space that change. They will need to drive efficie

Transcripts For CSPAN3 U S -China Economic Security Review Commission Panel 1 20240714

Dimensions of the u. S. china relationship in 2019. And examine chinas relations with taiwan and hong kong. Commission began its hearing this year which marks the 40th anniversary of the establishment of u. S. china diplomatic relations. By examining chinas internal and external challenges and their effects of chinas ability to sustain Economic Growth, project power, and spread its influence around the globe. This year has been one of extreme volatility in the relationship between the u. S. And china. Change and unpredictability have been so significant since we began our hearings this year that commissioners thought it would be valuable to revisit and explore some key topics in the economic and security realms. There is an increasing amount of commentary in Foreign Policy in the Foreign Policy community, conjecturing about the likelihood that the relationship between the u. S. And china is undergoing permanent change. This commentary further characterizes china as a rival, having upgr

Transcripts For CSPAN2 U S -China Economic Security Review Commission 20240714

U. S. China, the changing relationship between the u. S. And china and ongoing trade tariff. The u. S. Economics Security Review Commission is a host of the event. With taiwan and hong kong. The commission began the hearings this year, we marks the 40th year of u. S. China diplomatic relations. By examining the external and internal ability to sustain growth, project power and spread its influence on the globe. This year has been one of extreme volatility between the u. S. And china. Chain and insta they thought it would be to visit and explore key topics. There is an increasing amount of commentary in the Foreign Policy community, con jebbibbij con jebbi conjecturing. And this commentary further characterizes china as a rival, having upgraded it from a competitor. The word enemy is less frequently used, but is not absent. The previous assumptions underlying u. S. Policy, such as the Current International order benefits china and capitalism brings with it democracy have been shattered

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