Cloud revenue is pressuring the stock. Top gainer on the s p. It is the rise of generative ai. A wider than expected stop. Lets get to the tech giants in the battle over ai. Despite the top and bottom line, the low consensus, they are optimizing their spend. When i first got in the business, there were grants that i thought should be terrible. It never rained on the target site. David, they were not optimizing. Is because they are ai offerings. I want to make sure that i understand it as well. There are services that they want to spend more. Google and amazon are happy to say that the threeyear deal, paid over the 40s. It is bring the Growth Numbers on for me. There is some skepticism about the growth of azure. Azure is a great juggernaut of this moment. They are the called pilot of infinity. It is used to help you be more productive. You feel like you are firing people, it the opposite. It is more money being made so you can hire more people and be better. David, some of the worst sha
On the ev front, including the chinese ev maker thats making its debut right here at the nyse, and new data shows tesla is losing market share in china. Plus, apple apologizes for its controversial new ipad ad, saying, we missed the mark. Lets begin with the markets. We mentioned the s p, jim, trying to make some alltime highs. Was that 5 pullback it got digested it got digested, and then the money didnt go back to tech it might happen today because taiwan semi had its monthly report and it was really strong. The rally broadened to all sorts of crazy names, and some people would say it had to falter because in the end, we got an upgrade of none other than 3m. Ill take that. This is losers win day warner bros. Discovery, bumble today is like forgiveness day, but the warner brothers, just right up davids alley i put you right in porterhouse and youre having the characteristic crystal with that one there was an upgrade of roblox that was from sell to hold. Moffett nathanson, one of the be
The iron dome and their ability to respond to attacks. The political attacks starting almost immediately based on that interview all over the country and the world. A lot of criticism on one side and praise on the other. Its getting complicated quickly. Some in israel and the israeli um far right elements saying hamas loves biden. Some people saying hamas loves biden or some saying michigan over israel a lot of credititique over ther. I dont want to weigh in on it i know whats going on i think its horrific. Its horrific. When you at the beginning know what is clear what israel had to do now one of our greatest allies and the most stable ally in that region of the world and important region of the world and were pulling the rug out from under them. I do. I agree. It goes to what we showed yesterday with that clip the great conundrum of war an to is you have to do it quickly and get in and out the politics of doing it he was making a moral argument he said all of this is questionable he
talking. heavy rain is drenching parts of the fire in australia. it is causing some flooding in sydney and bringing relief to firefighters dealing with dozens of glazes in new south wales. more than 40 fires are still burning in the state. 17 are not contained. the places that killed at least 33 people and destroyed more than 3000 homes. at least five people are dead and more than 300,000 homes are in the dark after a powerful storm ripped across the southeastern united states. the weather destroyed mobile homes in mississippi, alabama and florida, because mudslides in tennessee and kentucky, and flooded communities that shoulder waterways across the appalachian region. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. vonnie: i am vonnie quinn. amanda: i am amanda lange. looking to bloomberg markets. vonnie: the roaring 2020 s. a new decade st
huawei in that global race to deploy 5g. we speak with mike rogers, former chair of the house intelligence committee, about all things national security. january s u.s. employment report came out and the economy added 225,000 jobs. tole wage growth surprised the upside, it is still lagging. the expansion peak reached in february of last year. female unemployment rates rose as well. here to discuss more, amy schultz. heretake a look at a chart that i m showing inside my terminal. wage growth finally getting a little bit of a boost here. techare you seeing within relative to some of the other sectors? i think we are seeing fairly consistent wage growth compared to the other sectors. jobs in the,000 u.s. in january. i think that step is coming at a time where we have just released our report. surveyed thousands of talent professionals globally and combined that with insights from our over 660 million members to really help leaders and officials understand what they need to kno