On April 29th, 2025, Bloomberg TV’s ‘Bloomberg Technology’ discussed several key developments in the tech and financial sectors. The White House criticized Amazon after reports emerged that the company would display the cost of US tariffs on its products, although Amazon later denied these reports. Meanwhile, Spotify’s shares fell following a muted outlook for profit. SoFi CEO Anthony Noto stated that the Trump administration’s regulatory reforms would enable the online bank to offer more products.
Key Points
- White House calls out Amazon over reports of displaying US tariff costs on products
- Amazon denies reports of showing tariff costs
- Spotify shares decline after muted profit outlook
- SoFi CEO Anthony Noto praises Trump administration’s regulatory reforms
The segment featured insights from Bloomberg’s Caroline Hyde and Ed Ludlow, who analyzed these developments and their potential impact on the respective companies and the broader market. The discussion highlighted the ongoing interactions between tech companies and government regulatory bodies, particularly under the Trump administration.
Related Developments
- IBM has doubled down on AI technology
- Palantir’s raised outlook was insufficient to extend its rally
- DoorDash has been on a buying spree
- Software is expected to continue outperforming according to RBC Brewin’s Mui
For more insights and analysis, viewers can refer to other Bloomberg Technology episodes and clips, such as ‘IBM Doubles Down on AI, Palantir Falls Short’ and ‘Software Will Keep Outperforming: RBC Brewin’s Mui’.
