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Ed Ludlow

๐Ÿ‘ค Speaker
8229 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Bloomberg's Emily Nicole, thank you very much.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Also falling today, well, basically everything, but shares of software companies as the AI fears that have been rattling stocks across industries continue into a new week.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Let's get more with Bloomberg Equities reporter, Ryan Vesteliger.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

I guess the question, you know, now that we're a couple of hours into the session is what's going on, right?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

I saw BFW headline overnight about Anthropic and a new tool, seems familiar, but that was impacting trading in Europe.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Is that just carrying over to the U.S.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Well, we saw a lot of anthropic-related selling on Friday after they announced a new security tool, which sent cybersecurity stocks down pretty sharply.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

And we are seeing a continuation of that trade today.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

There is really broad-based weakness within software.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Basically, nothing is up today.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

And it's just this sort of percolating concern about AI disruption.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

What is this going to mean for growth, for profit margins, for pricing power going forward?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

There is so much

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

just concern and fear in the market right now.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

So much uncertainty.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Now, we are going to get some results later on this week that will hopefully provide a little bit of clarity, at least about how management teams are feeling about, you know, the near term in the next coming quarters.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

We have Salesforce, Autodesk, Workday, Intuit, Snowflake among the companies reporting.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

So those will be very close to watch out to.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

But in the meantime, people are just sort of, you know,