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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Intel. We hear from the ceo in a bloomberg explosive. We find out why twitter growth did not translate into sales. We hear from the ceo. In latehares plummeted trading after reporting thirdquarter earnings. For the first time in over two years, the Company Reported a decline in quarterly profits, most notable from the report, amazon issued a week forecast for the busy Holiday Quarter, likely sparking worries the Big Investments in oneday delivery are not bringing a sales boost investors were hoping for. Also fell. Ces i am joined by our guests, thank you both for joining me. Breakdown what happened to the bottom line. You are still turning a profit, but the growth was slower. Why . A lot of angst around cost. We knew oneday shipping would bring variability and cost with it for a couple of quarters. Lso, they are spending a lot on content. There is a spending cycle going on, which makes the next couple of quarters the anxiety continues. Youre clearly seeing a sales impact happening on t

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