Bloomberg Surveillance
Bloomberg Surveillance: Tech Slumps and Fed Decision
Jan 31, 2024
Dan Ives, a senior equity analyst, discusses tech earnings. The hosts talk about Microsoft's solid quarter and speculate on its future growth. They also discuss the Federal Reserve's response to real yield and potential rate cuts. The podcast explores Iran's actions, the Israeli response, and China's aggression in the South China Sea. They also touch on changing dynamics in U.S. foreign policy and an EV subscription service.
32:17
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Podcast summary created with Snipd AI
Quick takeaways
- Renting electric vehicles has proven to be an effective strategy in promoting EV adoption, with a significant percentage of subscribers eventually purchasing one.
- Middle managers and remote workers are more susceptible to layoffs, as they are often targeted for cost-cutting measures and perceived as easier to let go.
Deep dives
Testing and Renting EVs
A German tech startup called Finn is offering a subscription service allowing people to rent electric vehicles (EVs) for 6 to 18 months. Their data shows that 40% of subscribers went on to purchase an EV after renting one, with the percentage slightly lower in the United States at just over 7%.
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