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Ed Ludlow

๐Ÿ‘ค Speaker
9140 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Bitcoin is off by almost 3% at one point in the trading session.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

And look on to the more broader chart of Bitcoin.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Last couple of days, again, anxiety, just the macro headwinds.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

hit it to the tune of 4% over the last two trading days, but it sank below $65,000.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

What does that mean in terms of support?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Bloomberg Digital Finance Reporter Emily Nicole joins us.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Can't catch a break, Emily.

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Emily, is it clear in the markets, we talk about this $60,000 support level, right?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

But is it clear in the market right now, like what the main driver is?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Is it tariff?

Bloomberg Tech
Tariff Uncertainty, AI Unease Rattle Tech Shares

Is it some sort of broader geopolitical anxiety that are getting people to push the button either way?

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.