3 Burst results for "Sutton Adela"
"sutton adela" Discussed on Bloomberg Radio New York
"To operation in the U.S. FDA advisers recommend Pfizer for kids Both China and U.S. try to upgrade their G 20 relationship Singapore opens Australia travel lane I'm at Baxter with global news Could two former iax Amsterdam stars both be heading to the Premier League I'm Dan Schwartzman I'll have that three more coming up in Bloomberg's fours That's all straight ahead on Bloomberg daybreak Asia On Bloomberg 11 three O New York Bloomberg 99 one Washington D.C. Bloomberg one O 6 one Boston Bloomberg 9 60 San Francisco Syria's exam one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business act Relatively China open at the bottom of the hour and now 9 in the morning in Hong Kong We'll also have the equity market in Hong Kong trading on the half hour If you're joining from the region good morning I'm Doug Chris at the Bloomberg interactive broker studio in New York And I'm Juliet Sally in Singapore Bloomberg daybreak Asia is presented by interactive brokers You can trade crypto for less coin with commissions just 12 to 18 basis points and no hidden spreads or markups learn more at IBKR dot com slash crypto Doug it is looking a little bit risk off out there Yeah it's kind of interesting because I think this pivot came with the data from Australia on a consumer price inflation Now the numbers were a little bit ahead of forecast when you look at that dream main trimmed mean CPI figure again of 7 tenths of 1% So the entire curve the yield curve for Australia has drifted higher I'm looking at a ten year treasury now for the Australian ten year at dot 1.89% So we have risen by more than 9 basis points alone And the equity market ASX 200 down about three tenths of 1% Meantime in Tokyo we've got a weakness in the nikkei down about 7 tenths of 1% communication services and information tech leading the decline in soul the cost be weaker by 6 tenths of 1% in this case it's consumer Staples and material shares dropping Now stateside we have two record highs one for the Dow the other for the S&P some very robust corporate earnings during the regular session help move the market to the upside although these gains weren't that substantial In the case of the S&P we were only up about two tenths of 1% The Dow was up less than that UPS one of the standouts of profit above forecast and the company also raised its operating margin outlook the stock rallied by 7% in U.S. trading during the regular session And we're going to go into the alphabet and Microsoft numbers momentarily We also heard from Twitter after the bell quarterly revenue and user growth merely was in line with estimates And the stock managed to climb higher in the late session by about four percent but Robinhood missed on third quarter revenue in those shares were weaker today in the late session by 8% Take another look at market action It's about 15 minutes Juliet All right Doug let's get those in numbers from Alphabet Shares of the Google parent falling in late trade after the company posted strong numbers for the third quarter but other business units came up short We get more from Bloomberg to it ludlow Google search business is thriving in a robust advertising environment That boosted revenues excluding payments to partners to 53.6 billion above estimates but ad revenue from YouTube and Google's cloud sales both fell short The cloud unit is seeing growth but is lagging behind the likes of AWS and Microsoft while YouTube saw quote modest impacts from Apple's iOS privacy changes and ahead of the holiday quarter this supply chain constraints for the pixel 6 smartphone which is experiencing strong demand In San Francisco Ed ludlow Bloomberg daybreak Asia so we had class a shares in alphabet down about 7 tenths of 1% in late U.S. trade different story though from Microsoft the company was out with results after the bell helping to send it shares higher by 1.7% Cloud based software helped drive these robust figures for not only the top at the bottom line as well Here's more from Charlie pellet They topped analyst estimates for an 11 straight quarter revenue in the first quarter ending September 30th climbed 22% to $45.3 billion that exceeded the $43.9 billion average estimate of analysts polled by Bloomberg CEO Sutton adela has extended the company's success in cloud computing by lining up a steady stream of deals for Azure software which stores data and runs applications for corporations Internet based office programs also keep growing as Microsoft convinces customers to pay up for high end versions and expanded contracts In New York Charlie pellet Bloomberg daybreak Asia It is 5 minutes by the time for global.
"sutton adela" Discussed on Bloomberg Radio New York
"Thank you so much, Charlie. You're listening to Bloomberg BusinessWeek Jason killing Carol Massar here with you in San Francisco. All right. So definitely some changes that have happened at. Microsoft, right. And what's interesting is the cover story of Bloomberg BusinessWeek is about the miracle of Microsoft, and what's fascinating. It's a well known company, but it's had its ups and downs at it's definitely had a variety of leadership. And that's what this story gets into the current leadership. And what such an Adela has done for the company kind of bringing Microsoft back to its roots? Tina bass is Seattle bureau chief at Bloomberg news co author of the store she joins us on the phone from our Seattle bureau along with us is along with her. I should say Joe Weber editor Bloomberg BusinessWeek back in our Bloomberg interactive brokers studio in New York time here, you're not gonna say where are you alone? We'll see you very very soon. Hey dina. Jason. I were lucky enough to catch up with you earlier in the week from Milkin out on the west coast and talk about your cover story. It is really fascinating, you know, Microsoft, not a cool company. But that's okay, right. Yeah. I think actually shocking Adele doesn't really want it to be a coal company. He does not want his management to focus on this market cap. Biggest company value by valuation milestone, and he doesn't want them to believe their own hype. I think the misunderstanding about Microsoft have been a lot of ink spilled on whether it's cool again. Whether it's sexy, again, it was never sexy, and sort of the problem that it had in, you know, a decade ago was trying to be try the apple Joel chuckle. Speaks to one of the things that I think Microsoft was challenged with with which was it was trying to have a lot of different strategies that wasn't necessarily something that they were good. They were trying to compete with apple and have Zun and have a pad product and all sort of flopped. And what was the genius of Nadal was to come in and take stock? He came from within the company and basically said, look, it's hidden in plain sight. We've got this cloud business that we could crush it with and in order to actually make that happen part of what he had to do is actually kind of take windows out back and let it go. Yeah. Absolutely. Look, I would still twenty billion dollars. Oh. Is not the future it on some level, perhaps a Kintu, although not that far along IBM's mainframe business. Right. It's still very profitable. But this future for them with cloud. And and fortunately Adela had run that business because she Boehner put him in charge of it. But the problem they had was by the time, they got into the infrastructure services portion of that Amazon was already more than four years in and had proved that it was a big business. So it took a lot of doing for Adela to figure out how to improve the cloud product. And the way they shell in order to really be competitive early. Some of the customers Amazon goes after still still the market leader. But Microsoft racking up a lot of big customers, so Dina what's the impact of this sort of cultural shift that comes from the top the temperament of the CEO in such sharp contrast. I just think about that mean of Steve Ballmer on the stage in the sweating and the yelling and betting. What you know? What is? Two different Sadullah has a very different temperament people characterize him as a listener as somebody who wants to hear all opinions and meeting back and takes it all in. There's a lot of talk, including from from the book about the attempts to to be more, gross, mindset culture. But but I think what people do miss when they focused on. That key is still a very intense person. He very demanding. He wants his executive to have a lot of ambition and not to get caught up in this sort of this always done things way of being so he and he's not also he's not afraid to act things. I mean, he he had to talk before about windows. He he had to get rid of that Nokia mobile phone push that that he inherited in today's in a company based CEO, and he has been able though to do that while bringing along the company he's been able to shift thing in in ways about uncomfortable for people. But has managed to do it with this sort of enough of bringing everyone along in consensus building that it has not not only not apple carpet. But generally, you know, improve morale. And so what's the challenge is going to be going forward? Dina? First of all Amazon is still quite a lot bigger on Microsoft has a lot of Despres businesses still that are, you know, don't seem on the surface to be related to each other. We look at you know. Acquisition which does fit into their cloud strategy. But it's a little different. They have XBox trying to turn XBox into a cloud pushes. Well. So, you know, and there is still at the windows. Business was highly profitable. We're talking of one point eighty percent, plus gross margin. So if you're an investor you have to think to yourself sales on commercial, cloud, look great. They're just hit thirty four billion for the last twelve months, but the prophet is not what it was on packaged PC software and note to self if you see Sutton Adela don't talk about the trillion dollar market cap, right? The anecdote that comes at the top of the story is that it's not something that is you're able to talk about. So it's it's a great way to start the story because that's.
"sutton adela" Discussed on Windows Weekly
"And you could kind of you this in the same light. I mean, if they're essentially giving up on croutons as a standalone assistant for consumers, especially well, Cortana, Kate the capabilities that you know, she was putting out to the world have to be put out to the world in the place where people are in the place as an and those places are again, Google and apple are dive, sorry, actually, Google and Amazon because. Systems in this case. It's it's it's really the same kind of brutal math. I mean, you just you have to go where the customers are. Okay. And I I had another insight from that transcript, I actually paid the ten dollars to subscribe to. To get it. Because that was the only to get it. So he also got asked something where he started talking about first line workers, you know, for me. That's like a big obsession of mine. I'm like this is where they're going. This is their next big untapped market that and they're kind of gearing everything that way, and you know, you know, Alex kitman has has continually said, you know, mobile phones aren't the Bill and all and he was kind of hinting like hololens was now I know what they're thinking on that front, and it's kinda crazy. So Sutton Adela said in response to another question, we've we've seen from some of the first line worker installations we've done at these big companies that some companies are giving them a hololens instead of a phone. I was like what? Yeah. I mean, those have to be pretty specialized use cases. So he said. I'm looking for his exact, quote is because of the productivity gains for service workers that it makes a lot of economic sense where they did not even give them a phone, but they're happy to give them a hololens. So this must be why they they keep thinking homelands is going to be what leapfrogs them into the thing that succeeds phones, there's no way that a whole ends anything succeed the phone. But now, I think we talked about this last week. There's obviously some really good vertical markets for hall ends. And it's been successful in those places. Right. And you know, when you say, the this term frontline is a front line of I I. Whereas Lynn workers. I always think of like the guy with the clipboard working at like, a clothing store or something. But of course, it's it's much more diverse than that. Right. It's the guy out on the telephone line is the guy in the factory floor. It's you know, whatever there's a bunch of these things..