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Bloomberg Technology

Musk's Pay Package Goes Through and Adobe Shares Surge

Jun 14, 2024
Bloomberg's Caroline Hyde and Tim Stenovec discuss Tesla's $56 billion pay package approval, Adobe's stock surge on strong sales outlook, AI impact on consumer demand, and Pope's warning on artificial intelligence at the G-7 meeting in Italy.
42:54

Podcast summary created with Snipd AI

Quick takeaways

  • Tesla shareholders back Elon Musk's $56 billion pay package and approve relocation to Texas.
  • Adobe stock surges on strong AI product sales forecast, indicating market acceptance and competitiveness.

Deep dives

Importance of Data Volume, Software, and Compute Power for AI

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