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Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX's plan to offer shares at $135 apiece to raise $75 billion in its IPO, rejecting yet another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Plus, Palo Alto Networks falls after the company reported its results, failing to meet elevated buyside expectations. And, candidates backed by tech billionaires and founders fall short in California's primary elections.
Chapters:
00:00:00 - Bloomberg Tech Begins
00:02:05 - Katherine Doherty, Bloomberg News
00:05:20 - Rebecca Walser, Walser Wealth Management
00:11:28 - Lynn Doan, Bloomberg News
00:16:09 - Brody Ford, Bloomberg News
00:20:21 - Steven Tananbaum, Goldentree Asset Management
00:41:02 - Eliyahu Kamisher, Bloomberg News
00:43:49 - Jay Parikh, Microsoft EVP of CoreAI
00:47:25 - Dina Bass, Bloomberg News
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"Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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