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Apr 26, 2024
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the biggest is amazon. i hope you like fellow cap meta platforms or will it be more like microsoft and alphabet ? they also put up some excellent add numbers for you to. i wonder if amazon saw the same thing for their at business. i know that they are spending nvidia chips like there's no tomorrow but they don't do anything unless they know they have the customers first. on top of that i would like to find out if amazon has lowered the cost of sending packages to you. by the way, that is the key metric. starbucks reports, intriguing. we were on 10 arrest about this position. has that gotten better. have they solved the problems with breakfast in the afternoon. with a face up to too many variations and coffee? how is labor? has the boycott subsided? i can't believe it has come to this but it did hurt the numbers last time thanks to customer intimidation. i know it is just china in my mind, but let's see. i know the answer. i am nervous. wednesday morning we find out about cvs and if they've been able to avoi
the biggest is amazon. i hope you like fellow cap meta platforms or will it be more like microsoft and alphabet ? they also put up some excellent add numbers for you to. i wonder if amazon saw the same thing for their at business. i know that they are spending nvidia chips like there's no tomorrow but they don't do anything unless they know they have the customers first. on top of that i would like to find out if amazon has lowered the cost of sending packages to you. by the way, that is the...
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Apr 26, 2024
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we've got a huge lineup of names reporting next week, paramount, amazon, and apple all on the calendar let's bring in mike khouw for a look at what the options hits are expecting in terms of applied moves. >> apple which has actually averaged about 6% over the last eight reported quarters, they reported only 4% amazon which has averaged moves of about 8% over that same period implying a comparable move of about 7.7% starbucks, which actually doesn't move that much usually, 3.9 % implying a move a little bit larger, 6%, and lily, of course the big pharma stock, 6% average, also implying very close to that right now there we saw actually that the calls were most accurate as of may 3rd, trading about 235 it's priced for it too, about two and a half times as much as the other big pharma companies i think people might want to consider hedging this one by buying the june put spread that would cost about $11 or 1.5% of the stock price. >> what do we think about eli lilly here, tim? >> i think their numbers going to be ridiculous, and the question is what's in the price? >> good. >> yes. >> i
we've got a huge lineup of names reporting next week, paramount, amazon, and apple all on the calendar let's bring in mike khouw for a look at what the options hits are expecting in terms of applied moves. >> apple which has actually averaged about 6% over the last eight reported quarters, they reported only 4% amazon which has averaged moves of about 8% over that same period implying a comparable move of about 7.7% starbucks, which actually doesn't move that much usually, 3.9 % implying...
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Apr 26, 2024
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also up amazon's earnings are next week. microsoft and alphabet had big numbers last night and in fact, get this, this is like an rbi, we're going to steal it for this show alphabet is headed for its best day since july of 2015 it's on track to close above 2 trillion in market cap for the first time ever. we should call that random but interesting. here now to talk about that and more is alex kantrowitz. $2 trillion day. i thought search was dead. i thought chatgpt was going to kill google search the market begs to differ. >> hasn't yet. everybody is worried about the future for google, but the present looks real good for google as reacceleration in terms of revenue growth, issued a dividend, offered a stock buyback. -- making trouble inside the company saying, no more, you guys got to get out. all of a sudden the narrative around apple -- around alphabet starting to shift. people starting to say, this company remains strong those worries might come into play but they're not happening immediately. now we're looking at it, $2
also up amazon's earnings are next week. microsoft and alphabet had big numbers last night and in fact, get this, this is like an rbi, we're going to steal it for this show alphabet is headed for its best day since july of 2015 it's on track to close above 2 trillion in market cap for the first time ever. we should call that random but interesting. here now to talk about that and more is alex kantrowitz. $2 trillion day. i thought search was dead. i thought chatgpt was going to kill google...
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Apr 26, 2024
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the ftc first opened this investigation into amazon back in 2019. it was the same year amazon executives did start using the encrvncrypted app this is not the first time, guys, excuse me, federal agencies have complained about these apps the doj alleged that google encouraged employees to use even krapted apps the fbi voiced concerns over wall street using signal and other encrypted apps. >> i don't know the law here but my assumption is unless and until you are alerted by counsel or law enforcement to retain communications, there is no obligation on a company or an individual's part to do so. >> that's right. the ftc opened this case in 2019 and did say they knew that discovery would be part of this and that they were obligated to hold on to these messages. but this signal and encrypted apps are increasingly common i would say in silicone valley among tech companies and that auto delete retention is really getting on the wrong side of regulators they have been frustrated time and time again when a variety of cases, not just amazon, that they are no
the ftc first opened this investigation into amazon back in 2019. it was the same year amazon executives did start using the encrvncrypted app this is not the first time, guys, excuse me, federal agencies have complained about these apps the doj alleged that google encouraged employees to use even krapted apps the fbi voiced concerns over wall street using signal and other encrypted apps. >> i don't know the law here but my assumption is unless and until you are alerted by counsel or law...
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Apr 26, 2024
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we have amazon reporting next tuesday. josh, you do own amazon. what are your expectations there? >> look, this is the one for me. i got -- i think this one will break out and build a brand-new shareholder fan base it's a situation where basically you had a leadership change pretty much at the worst possible time. bezos hands the company off to jassi who effectively built the cloud business and is probably one of the best operators anywhere but the timing was just awful. so it was a really rough two-year period. i think they now have figured out what the street wants. they figured out what they want to do business-wise. they have taken their lumps in streaming and a lot of different areas. but this is when i think you really want to be here amazon's last four operating income growth rates year over year so this starts with q1 2023. plus 28%, plus 132%, plus 343%, plus 267%. please think about the size and the enormity of those numbers for operating income growth. you will not find that amongst any of the other companies we just spent the last 19 minutes talking about. they're expe
we have amazon reporting next tuesday. josh, you do own amazon. what are your expectations there? >> look, this is the one for me. i got -- i think this one will break out and build a brand-new shareholder fan base it's a situation where basically you had a leadership change pretty much at the worst possible time. bezos hands the company off to jassi who effectively built the cloud business and is probably one of the best operators anywhere but the timing was just awful. so it was a...
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Apr 26, 2024
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that's amazon, google, microsoft, meta. i think the rest are going to be very difficult there will be room for ai players in verticals like health care and retail that we think, again, the companies that have that data and have that user, it's really hard to train, to effectively run these systems, so it's going to be very, very difficult for the others to survive. so the question is, what happens to oracle? they're on the cut line. i think they'll benefit, but there's others that will -- may not. weigh what's going to happen to ibm? are they in that same situation i'm talking about in the big four and the answer is no. >> right we know the one key beneficiary, i don't believe you cover nvidia but that stock up another almost 5% this morning. >> absolutely. they're the number one from every piece of work we do, everyone is spending on nvidia and again, this is hard to have these conversations with our clients right now, as a software analyst, you know, i feel like i'm -- i'm on aisle 4 mopping up a spilled milk everyone wan
that's amazon, google, microsoft, meta. i think the rest are going to be very difficult there will be room for ai players in verticals like health care and retail that we think, again, the companies that have that data and have that user, it's really hard to train, to effectively run these systems, so it's going to be very, very difficult for the others to survive. so the question is, what happens to oracle? they're on the cut line. i think they'll benefit, but there's others that will -- may...
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Apr 26, 2024
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on amazon, the largest ecommerce in the u.s. and most of the western world, you have to sponsor our products with advertising. that's the core of the ad offering it shows especially with google calling out strength in the retail business, that the pay-to-play ad placement for retailers and product producers is essential >> does that mean amazon will benefit? >> absolutely. all of the companies, there is no way they can place the scale of $60 billion or $35 billion of digital ads in a given quarter without automating that business >> richard, always great to sigh you. thank you for being here >>> coming up later today, you don't want to miss the interview with snap ceo evan spiegel at 11:00 a.m. >>> time for the check of the big money movers with silvana henao at cnbc hq silvana. >> frank, let's start with boston beer getting a pop as it reported a surprise first quarter profit and revenue above forecast we are seeing shares up 6% in the pre-market now shipments rising nearly 1% all on growth in the twisted tea brand and offsetti
on amazon, the largest ecommerce in the u.s. and most of the western world, you have to sponsor our products with advertising. that's the core of the ad offering it shows especially with google calling out strength in the retail business, that the pay-to-play ad placement for retailers and product producers is essential >> does that mean amazon will benefit? >> absolutely. all of the companies, there is no way they can place the scale of $60 billion or $35 billion of digital ads in...
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Apr 26, 2024
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ads are profitable this is what amazon realized everyone is coming to amazon to buy products and they will think let's sell them ads. if you look at the amazon page, 70% of it is ads they are paying for. this is an important business. the growth is continuing you saw acceleration with the youtube ads and growth with search ad business is here to stay. >> was this the "show me" quarter for a.i. microsoft's cfo implied guidance is this the "show me" quarter? does a.i. or these companies need to show us more >> i think it is an important development in the end demand. we need to see more applications out there for the use by the corporates overall, we see the demand coming through i think what is happening is microsoft and google are saying customers are buying these cloud services what is great for the customers is they are showing restraint on the cost side. >> back to meta. we were discussing how investors are not enjoying the metaverse as much as the past. that was a rebranding for the company. i wonder if this is a moment where meta has to rethink their name again and strategy ultim
ads are profitable this is what amazon realized everyone is coming to amazon to buy products and they will think let's sell them ads. if you look at the amazon page, 70% of it is ads they are paying for. this is an important business. the growth is continuing you saw acceleration with the youtube ads and growth with search ad business is here to stay. >> was this the "show me" quarter for a.i. microsoft's cfo implied guidance is this the "show me" quarter? does a.i. or...
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Apr 25, 2024
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i know shopify i know amazon. i've got to do work on that one. i've got to learn more about it. let's go to gianni in wisconsin. >> caller: i've got my underage son gianni here on the line. >> i want to start by giving you a big, big boo-yah >> right back at you >> caller: i want to know what you think about -- what does it look like? >> which one is that >> caller: new scale power >> oh, it's small nuclear reactor. i want you to do this. just go buy ge they have it as a division they're not making any money with it. i don't want you to lose any money. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> announcer: the "lightning round" is sponsored by charles schwab coming up, are you a believer when it comes to this stock you're either in or out. cramer explains. next business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock par
i know shopify i know amazon. i've got to do work on that one. i've got to learn more about it. let's go to gianni in wisconsin. >> caller: i've got my underage son gianni here on the line. >> i want to start by giving you a big, big boo-yah >> right back at you >> caller: i want to know what you think about -- what does it look like? >> which one is that >> caller: new scale power >> oh, it's small nuclear reactor. i want you to do this. just go buy ge...
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Apr 25, 2024
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it is redmond and google and amazon and others and i view that spending and the stock comes back a bit but this speaks to the baton being handed from the godfather which continues to be in a mass position of strength to software and now you see the use cases and modernization. and it's the most important stock and it's been that way and it was that way last year and i have often called the patrick mahomes of the stock market. when you hear what you heard last night from meta and what dion is suggesting we will hear in terms of spending on ai, what you are really gaining insight toward is the ai halo is still present and look at that today and the price performance and look at the other names when you drop down from that and you look at this and these stocks are hired today and i think that is what is important and i will say something. i am not wildly bullish and i think where the market is right now is we will be running to a lot of different places and ultimately ending up in the same spot before at some point we resume the prevailing trends. >> i wonder if nvidia today and not becau
it is redmond and google and amazon and others and i view that spending and the stock comes back a bit but this speaks to the baton being handed from the godfather which continues to be in a mass position of strength to software and now you see the use cases and modernization. and it's the most important stock and it's been that way and it was that way last year and i have often called the patrick mahomes of the stock market. when you hear what you heard last night from meta and what dion is...
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Apr 25, 2024
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so microsoft, alphabet, amazon, all down roughly 2% or 3% or so. alphabet and microsoft report earnings after today's closing bell the epicenter spoke of the day is the meta platforms. down about 11%, was down 15% just a few hours ago meta platforms on the heels of that disappointing outlook but it's not all fear, uncertainty and doubt. tyler, take a look at these names. check out newmont corps, chipotle and union pacific newmont on the gold trade, in the green. in an otherwise down take, tyler, some positivity to end things on. back over to you >> we're grateful to you for that, dom. thank you very much. >>> yields on the move as well on the back of that gdp report with the two and ten-year hitting five-month highs let's check in with rick santelli for that. hi, rick >> indeed, warmer inflation, cooler growth. i can weigh in on these numbers and give you personal opinions where i think growth is going to go or inflation will be, but the numbers today were disappointing on growth, and they were warm on inflation, period. 1.6 is not 2.5% as expected
so microsoft, alphabet, amazon, all down roughly 2% or 3% or so. alphabet and microsoft report earnings after today's closing bell the epicenter spoke of the day is the meta platforms. down about 11%, was down 15% just a few hours ago meta platforms on the heels of that disappointing outlook but it's not all fear, uncertainty and doubt. tyler, take a look at these names. check out newmont corps, chipotle and union pacific newmont on the gold trade, in the green. in an otherwise down take,...
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amazon, i've added to that but would add more to that the other one, apple worldwide developer conference is going to be early june. i think the market will start anticipating that, running into whatever they say about a.i., running the stock up a month beforehand early may i want to have a bigger position in apple before early may. >> jason, what ideas do you have >> for us, i mean, it's not pulling back today, but we talked about it on the show, uber really like uber they have a compound annual growth race 30% to 40% in the next few years gross bookings are up, mobility is up close to 30% it's a stock that we've been watching for a while, has pulled back some. obviously not today, but i feel like there is a new stage for this company and it's a company we really like and will look to add on pullbacks >> there was a move there after tesla reported, talking about the robotaxi, there, too shannon, what's your pullback playbook >> i think if you look at the shifting leadership, if you will, over the course of the year so far, you've seen a little bit of life out of financials i think there'
amazon, i've added to that but would add more to that the other one, apple worldwide developer conference is going to be early june. i think the market will start anticipating that, running into whatever they say about a.i., running the stock up a month beforehand early may i want to have a bigger position in apple before early may. >> jason, what ideas do you have >> for us, i mean, it's not pulling back today, but we talked about it on the show, uber really like uber they have a...
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Apr 25, 2024
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they did, amazon, too. >> instagram >> if you buy some of the stuff on amazon, which, by the way, their stuff is about -- there's no accounting for taste, but i don't regard the stuff as being that great amazon gives you a date. these guys don't give you a date temu is, like, it might come, it might not. you buy something from amazon, and alexa tells you it's at your door in about 35 seconds it's a little bit scary. >> parent company reported earnings, as you well know it's only time jim doesn't say anything >> oh, yes he got quiet >> look at him can we get a shot of jim >> although there are some firms coming to comcast's defense this morning, talking about broadband arpu up. >> the financials themselves seemingly met many of the estimates of the analysts who follow the company, even at loss of 65,000 total, broadband customers was more or less where many analysts had been first quarter revenue was up, was a bit better than the consensus. ebitda numbers, perhaps, depending on which analysts you talk to or follow was more or less in line or a bit below. but there's kind of a quick read
they did, amazon, too. >> instagram >> if you buy some of the stuff on amazon, which, by the way, their stuff is about -- there's no accounting for taste, but i don't regard the stuff as being that great amazon gives you a date. these guys don't give you a date temu is, like, it might come, it might not. you buy something from amazon, and alexa tells you it's at your door in about 35 seconds it's a little bit scary. >> parent company reported earnings, as you well know it's...
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Apr 25, 2024
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alphabet is down 3% followed by amazon down 2.5% we are talking more about meta and the rest magnificent seven in a second. >>> the ten-year treasury yield is ahead of the first read on the first quarter gdp. look at the benchmark at 4.64. you see the two-year yield pull back right now at 4.92% we are looking at energy and oil on pace for the first down week in the last four look at the oil market this morning. we are seeing it higher right now to flat. wti is trading at $82.90 a barrel brent crude is trading belo bebel bebel below $88.15 a barrel. >>> we go back to the biggest money mover this morning that is meta platforms strong first quarter results doing little to prop up the stock. it is looking to shed $200 billion at the open. shares down 13% right now. investors really appear to be focusing on the weak guidance as it leaves the year of efficiency behind mark zuckerberg telling shareholders to hang in there with risky bets like artificial intelligence >> we typically don't focus that much on the new areas until they reach significant scale because it is higher leverage to improve
alphabet is down 3% followed by amazon down 2.5% we are talking more about meta and the rest magnificent seven in a second. >>> the ten-year treasury yield is ahead of the first read on the first quarter gdp. look at the benchmark at 4.64. you see the two-year yield pull back right now at 4.92% we are looking at energy and oil on pace for the first down week in the last four look at the oil market this morning. we are seeing it higher right now to flat. wti is trading at $82.90 a...
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Apr 25, 2024
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you see some of the shares ahead of the market open stateside microsoft, amazon and alphabet are all lower. we are looking at the range of 2% youdown to discuss more, we have the head of thematic intelligence i would like to get your thoughts on the outlook for meta the message on the spending outlook tells something for investors. >> revenues were not bad up 27% the key thing was spending spending without a business model. meta has been promoting the metaverse for some time. it is a little bit dead now. it may revive in a few years now they are focusing on a.i the expenditure capital is $40 billion. that could be a quarter of revenue. that is an enormous amounts of cap ex to sales. microsoft has a clear a.i. model. they embed in in copilot and work flows meta is not selling chips or cloud services or a.i. models because they are based on open source how will they make money from a.i. they are spending all this money, but haven't put a strategy on it >> i want your thoughts on how you are reading that across the sector i want to share this quote with you from another analyst they sai
you see some of the shares ahead of the market open stateside microsoft, amazon and alphabet are all lower. we are looking at the range of 2% youdown to discuss more, we have the head of thematic intelligence i would like to get your thoughts on the outlook for meta the message on the spending outlook tells something for investors. >> revenues were not bad up 27% the key thing was spending spending without a business model. meta has been promoting the metaverse for some time. it is a...
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Apr 24, 2024
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this reminds me of things that amazon has done in the past. just kind of reminding, there are going to be periods of more investment i read that as probably several quarters of this investment phase, they obviously just updated the capex guidance for the full year, but don't expect -- i'm reading between the lines here, much of a lift or maybe a breakout in terms of a.i. one more piece, courtney, is beyond that bad news, to say he's bullish about a.i. and the potential on meta is an understatement he rattled off five different opportunities that they have within a.i., i want to highlight one of them. he talked about lam ma and building a big business at scale. i believe they're going to build an aws-type of business in the next several years once they get to scale >> investors do definitely seem to be picking up on this investment, because the stock now taking another leg lower here, gene, down about 19% i know, obviously, you know, there's a lot of place here with china, advertising from china. have we heard anything about that yet on the cal
this reminds me of things that amazon has done in the past. just kind of reminding, there are going to be periods of more investment i read that as probably several quarters of this investment phase, they obviously just updated the capex guidance for the full year, but don't expect -- i'm reading between the lines here, much of a lift or maybe a breakout in terms of a.i. one more piece, courtney, is beyond that bad news, to say he's bullish about a.i. and the potential on meta is an...
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Apr 24, 2024
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amazon, it does not matter what product you purchase, as long as your purchasing, they are a winner. the cost to deliver that, down $.45 year-over-year in the fourth quarter, they are widening the moat around the business by lowering costs. mastercard is another great example, visa reported last night and amex last week, the consumer is continuing to spend. the mastercard of the world are happy. you don't have to check it was a winner or loser. mastercard is a real winner in that example. >> why are some consumer product companies or consumer oriented companies, nike, ulta, pepsi, why re they struggling with organic growth while others are doing well? what is the difference or the distinction? >> a backlash against those companies that raised prices aggressively over the last couple of years. constellation brands is a great example, much more muted in raising prices and some 8% depression growth versus procter & gamble or pepsi, flat. the repercussions of the price increases over the last couple of years is coming home to roost. >> consumers are increasingly looking for good value an
amazon, it does not matter what product you purchase, as long as your purchasing, they are a winner. the cost to deliver that, down $.45 year-over-year in the fourth quarter, they are widening the moat around the business by lowering costs. mastercard is another great example, visa reported last night and amex last week, the consumer is continuing to spend. the mastercard of the world are happy. you don't have to check it was a winner or loser. mastercard is a real winner in that example....
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Apr 24, 2024
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like those dollars are going to instantly shift to dollar if that were to occur but they and others, amazon, others, hopefully my company would all benefit over time. but it wouldn't be like, you know, quarter over quarter, just like a massive shift to any of those companies, including meta. >> mark, always great to see you. thank you for being with us today. >> thank you >> we appreciate it. mark douglas of mountain >>> still ahead, speaking of tiktok, we'll get what's next for its key algorim.th "the exchange" will be right back what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. even if you live in a bubble, you can't stop workplace accidents. so talk to your agent about workers's comp insurance from pie, or visit pieinsurance.com. safety first, then pie insurance. >>> joe biden wasted no time, he signed the bill that bans tiktok unless the chinese parent company bytedance sells it within a year, but a sale would fig
like those dollars are going to instantly shift to dollar if that were to occur but they and others, amazon, others, hopefully my company would all benefit over time. but it wouldn't be like, you know, quarter over quarter, just like a massive shift to any of those companies, including meta. >> mark, always great to see you. thank you for being with us today. >> thank you >> we appreciate it. mark douglas of mountain >>> still ahead, speaking of tiktok, we'll get...
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Apr 24, 2024
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amazon, 169. tonight's meta, nearly 100% year-over-year earnings for q1 >> on the other side of that, look at apple. they will have declining revenue and earnings on that chart you just showed. i think you will continue not only to see a dispersion with the mega caps of amazon, meta, facebook, microsoft and nvidia crushing it, i think meta tonight is setting up -- and we'll talk about it later -- but this is going to deliver the goods. i think microsoft and amazon will also deliver the goods. and so i think you're setting up where these multiples and the growth we have last year in stock appreciation is going to be warranted and will help lift up the rest of the market. to your point about these six names versus the other 494, i think once we get into the second and third quarter of the year, the other names, the other names in the s&p from a revenue and earnings, are going to start to pick up i think this is just a q1 year over year. i'm about the negative earnings growth >> weiss, are we going t
amazon, 169. tonight's meta, nearly 100% year-over-year earnings for q1 >> on the other side of that, look at apple. they will have declining revenue and earnings on that chart you just showed. i think you will continue not only to see a dispersion with the mega caps of amazon, meta, facebook, microsoft and nvidia crushing it, i think meta tonight is setting up -- and we'll talk about it later -- but this is going to deliver the goods. i think microsoft and amazon will also deliver the...
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Apr 24, 2024
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i don't know if google can go right, because it's up so much amazon, i like microsoft, maybe, is up too much so -- and nvidia's not right now. but look at meta that's -- it's soaring, and yet, if tiktok is really banned, so to speak, then the world is zuckerberg's oyster. >> yeah, i mean, it's worth mentioning, of course, that bill is going to go to the president's desk today of course, it's an aid bill for ukraine and israel, humanitarian aid as well is a part of it. but the ban on tiktok is going to get signed into law they're going to have a year, as we pointed out many times, it seems unlikely that the chinese government is going to let tiktok's owner, bytedance, sell the u.s. or the english-language version of the app, but it remains to be seen, and carl, it very well may end up being decided in the courts. >> meantime, blinken's in shanghai today, possible face-to-face meeting with xi on friday about support for the russians, about some of this, about sanctions, about chips >> it is really -- there's nothing that they have in common right now. we're trying to stop them everywhere,
i don't know if google can go right, because it's up so much amazon, i like microsoft, maybe, is up too much so -- and nvidia's not right now. but look at meta that's -- it's soaring, and yet, if tiktok is really banned, so to speak, then the world is zuckerberg's oyster. >> yeah, i mean, it's worth mentioning, of course, that bill is going to go to the president's desk today of course, it's an aid bill for ukraine and israel, humanitarian aid as well is a part of it. but the ban on...
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Apr 24, 2024
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you've seen amazon do it selectively. there is an example with an executive who went to google cloud in the last few years, where they tried to enforce a noncompete because he was coming from seattle but, yeah, you're right, california hasn't had this, the california tech industry is the best tech industry and one of the best industries in the world. i haven't met anyone who likes a noncompete, who isn't the one who enforced it. i think this is generally good there has been a chilling effect, generally. but as it relates specifically to tech, i haven't seen a ton of examples of this actually being enforced i think it is more that kind of unspoken chilling effect >> we got to go. we have 20 seconds a good thing or bad thing long-term for labor? >> very much a good thing. >> if you were a ceo, you go to court over this or no? >> i think they will go to court over this. i don't know that -- i think the question is does the ftc actually have the mandate, do they have the power to put this into place and we'll see how it plays
you've seen amazon do it selectively. there is an example with an executive who went to google cloud in the last few years, where they tried to enforce a noncompete because he was coming from seattle but, yeah, you're right, california hasn't had this, the california tech industry is the best tech industry and one of the best industries in the world. i haven't met anyone who likes a noncompete, who isn't the one who enforced it. i think this is generally good there has been a chilling effect,...
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Apr 23, 2024
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amazon is the great equalizer. amazon web services going to be incredibly strong. amazon advertising is on fire. i want to go to my namesake in georgia. jim? >> hey, good afternoon, jim. booyah. >> booyah back. >> i hope you're doing well. >> could not be better. >> great. great. glad to hear that. what are your thoughts about this acquisition between kroge ? >> i think the government will block it because there reeling from the safeway deal. the one where people ave other stores and it became a hagg way. [ laughter ] so, they're not going to do that deal. anyway, right now the brown chutes are affecting the green shoots. we are in favor of brown chutes. we want rate cuts. it it's exactly what we need for the fed just by cutting rates just when everyone had given up. isn't that exactly the way it works? mad money tonight. s&p such as lights down and i'm learning more about what's working for the software giant. nobody's interested about it for me but you want to be interested because it's really good. on the other side of the coin, newport is milking reporting last
amazon is the great equalizer. amazon web services going to be incredibly strong. amazon advertising is on fire. i want to go to my namesake in georgia. jim? >> hey, good afternoon, jim. booyah. >> booyah back. >> i hope you're doing well. >> could not be better. >> great. great. glad to hear that. what are your thoughts about this acquisition between kroge ? >> i think the government will block it because there reeling from the safeway deal. the one where...
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Apr 23, 2024
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nvidia number one, followed by microsoft, apple, tesla and meta, amazon and alphabet. there's also been negative sentiment around these companies. but the short interest, it might be more about downside protection and hedging. investors are using megacap tech to hedge their overall portfolios it's for fishlt than going long material they are cheap to borrow and short because they're so liquid. he described them as a hedge with, quote, serious afterburners since they get the biggest kick in the teeth if the market goes the wrong way for them, aside from last week shorting big tech, it's been a lot less profitable. nvidia shorts, for example, down 35% this year. meta shorts down 27%, amazon, microsoft, alphabet bears are all in the red of the mag seven, it's only been profitable to short apple and short tesla. shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how
nvidia number one, followed by microsoft, apple, tesla and meta, amazon and alphabet. there's also been negative sentiment around these companies. but the short interest, it might be more about downside protection and hedging. investors are using megacap tech to hedge their overall portfolios it's for fishlt than going long material they are cheap to borrow and short because they're so liquid. he described them as a hedge with, quote, serious afterburners since they get the biggest kick in the...
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Apr 23, 2024
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amazon, microsoft, all in the red. it has only been profitable to apple and tesla. they have lost $52 billion going back to the ipo. only two years they have been profitable. they are up $9 billion for the year. >> we will follow it. thank you. elon musk today, speaking of tesla, in overtime, on x, the car business is tough, which is why he said. stock is down 42% year to date. they will continue price cuts, when they think they are done, they are not done. the direction of the company weighing on shares. what was once a very important earnings report for the overall growth rate. now as the market cap has come down and been kind half, basically, it does not feel like it holds that degree of importance. >> that is a very good point. certainly, for sentiment, tesla represents hypergrowth trade of years past. the unfortunate truth that is being found out now is that it is a car company. when i say that, their hair stands on end. when you're a car company, you have a lot that costs. how do you do that when the ev business is in a bad spot here, lower prices. that is not
amazon, microsoft, all in the red. it has only been profitable to apple and tesla. they have lost $52 billion going back to the ipo. only two years they have been profitable. they are up $9 billion for the year. >> we will follow it. thank you. elon musk today, speaking of tesla, in overtime, on x, the car business is tough, which is why he said. stock is down 42% year to date. they will continue price cuts, when they think they are done, they are not done. the direction of the company...
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Apr 23, 2024
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nvidia number one followed by microsoft, apple, tesla, meta and amazon and alphabet. there has been some enough sentiment around these companies as you guys have been talking about. tesla, for example, but short interest may be more about downside protection, so s-3 tells me investors are using mega cap tech as a way to hedge, more efficient than going long materials and energy these stocks are pretty cheap to borrow and short because they're liquid he described them as a hedge with serious afterburners since they get the biggest kick in the teeth if the market goes the wrong way for them aside from last week, shorting big tech has been less profitble. nvidia shorts are down 35% this year, meta shorts down 27% according to s-3 and amazon, microsoft and alphabet bears they're all in the red of the magnificent seven it has only been profitable to short apple and tesla. shorting tesla, though, has been risky over the years the bears have lost a total of $52.5 billion shorting tesla since its ipo. you can see there only two years have been profitable for short sellers. th
nvidia number one followed by microsoft, apple, tesla, meta and amazon and alphabet. there has been some enough sentiment around these companies as you guys have been talking about. tesla, for example, but short interest may be more about downside protection, so s-3 tells me investors are using mega cap tech as a way to hedge, more efficient than going long materials and energy these stocks are pretty cheap to borrow and short because they're liquid he described them as a hedge with serious...
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Apr 23, 2024
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amazon and microsoft, alphabet are all in the red. and of the mag 7, it's only been profitable this year to short apple and tesla. shorting tesla has been risky over the yooears, bears have lo a total of $52.5 billion, shortly tesla, since its ipos, according to s-3. only two years have been profitable for short sellers and tesla. this is on the track to be one of them. tesla shorts are up about $9 billion for the year. andrew? >> our next guest is here to weigh in on the state of the economy, the fed, and so much more. i want to bring in two-time nobel prize winning economist, joseph stiglitz. the former cea chair, former world chief bank economist, now professor at columbia university, chief economist at the roosevelt university. he has a new book out called "the road to freedom," economics and the good society. and today is publication day, so congratulations. it's nice to have a nobel prize winner at the table. >> nice to be here. >> i want to talk about this book and i want to talk about the freedom you talk about in the economy.
amazon and microsoft, alphabet are all in the red. and of the mag 7, it's only been profitable this year to short apple and tesla. shorting tesla has been risky over the yooears, bears have lo a total of $52.5 billion, shortly tesla, since its ipos, according to s-3. only two years have been profitable for short sellers and tesla. this is on the track to be one of them. tesla shorts are up about $9 billion for the year. andrew? >> our next guest is here to weigh in on the state of the...
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Apr 23, 2024
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amazon, apple, alphabet and meta consumed more electricity in 2022 than coluombia. st that's extraordinary. >> that's um i want to pick up for a moment. i'm looking at the price of oil. it has calmed down. it is negative in the red for the month of april despite the number of military actions and other things. give us a sense as you talk to people there were oil prices up today, how big of a concern is middle east tensions? >> reporter: it is a huge concern. iran is the most important producers and exporters of oil on the planet. they did not target the oil producing to rfacilities is meaning they are breathing a sigh of relief. when we saw the strikes on israel, it was not an extreme reaction. we might have had $100 years ago. the fact that both actions have avoided escalation means the market is calm. that is extraordinary given everything at the moment. the speculation in the market is long, but they are expecting tightness in the supply in the summer. that is when we could see prices moving higher from here, frank. >> steve, great reporting. we have our own pers
amazon, apple, alphabet and meta consumed more electricity in 2022 than coluombia. st that's extraordinary. >> that's um i want to pick up for a moment. i'm looking at the price of oil. it has calmed down. it is negative in the red for the month of april despite the number of military actions and other things. give us a sense as you talk to people there were oil prices up today, how big of a concern is middle east tensions? >> reporter: it is a huge concern. iran is the most...
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Apr 22, 2024
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amazon and apple on the docket for next week. so, how should investors interpret market moves ahead of these prints? guy, welcome back, i know you were off for a little bit. was today just sort of more of a reprieve, is this a fomo trade? you got to be in before you hear the reports? what do you think? >> probably a little bit of all of those, great to have you onboard. i think, look, the market, six straight days lower, technically, i think the s&p held the 100-day moving average. carter can talk about that. and the fact that nothing happened over the weekend, thank god, geopolitically, that was a bit of a retrieve, as well. i don't think we're out of the woods and earnings are coming up. amazon next week, if you go back to november of 2021, you will see a textbook potential double top. they better blow it out. and microsoft this week at 31 times earnings down maybe 7% from its all-time high, that stock really has to prove itself as well. so, i'm clearly not as enthusiastic going into earnings as others may be. >> proving it is
amazon and apple on the docket for next week. so, how should investors interpret market moves ahead of these prints? guy, welcome back, i know you were off for a little bit. was today just sort of more of a reprieve, is this a fomo trade? you got to be in before you hear the reports? what do you think? >> probably a little bit of all of those, great to have you onboard. i think, look, the market, six straight days lower, technically, i think the s&p held the 100-day moving average....
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Apr 22, 2024
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amazon and apple are coming next week. take a look at each one of these names through the lens of ai. not big business yet for any of these names, but some are progressing more than others. let's call this your ai gut check. let's start with meta partnering with google last week to power a new version of its meta ai chatbot. the most important thing here for meta is engagement, proving this keeps people using meta apps like whatsapp and instagram and facebook. it debuted to millions of users last week starting with a huge user base to start with there. one thing to listen here is any hints at co-pilot sales. that's the digital ai assistant they're selling, and a taste of ai revenue growth from the azure cloud unit. over to alphabet, reorganizing their product teams ahead of ai this week, including bringing ai researchers into the broader ai unit called deep mind. and then next week we'll start with amazon. not much consumer facing there in ai, but does have a lot of ai hosted on its cloud, and that is the metric to look fo
amazon and apple are coming next week. take a look at each one of these names through the lens of ai. not big business yet for any of these names, but some are progressing more than others. let's call this your ai gut check. let's start with meta partnering with google last week to power a new version of its meta ai chatbot. the most important thing here for meta is engagement, proving this keeps people using meta apps like whatsapp and instagram and facebook. it debuted to millions of users...
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Apr 22, 2024
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amazon has not been consistently profitable. it is hard to imagine an amazon, and under andy jassy, maybe more of a possibility and you're looking at the big six and you can see that amazon is the only name on the graphic that doesn't offer a buyback or dividend. there you go. jassy seems more responsive to wall street. you know, he gets on the earnings call. that's something that bezos hadn't done in many, many years. he talks a lot about efficiency and who knows? free cash flow, bring it back there. it was negative in 2021 and now it is positive so who knows? it could be next. >> educate me a little bit here. we are, i guess, prone to say that the ai race is between two or three players, google, alphabet, microsoft, maybe amazon, but i keep hearing meta sneaking in there, that they may be a real up and comer. am i wrong or right about that? >> you are absolutely right about that. they're taking different strategies and microsoft exploded with chatgpt and amazon is doing a bunch of different things that are less clear to invest
amazon has not been consistently profitable. it is hard to imagine an amazon, and under andy jassy, maybe more of a possibility and you're looking at the big six and you can see that amazon is the only name on the graphic that doesn't offer a buyback or dividend. there you go. jassy seems more responsive to wall street. you know, he gets on the earnings call. that's something that bezos hadn't done in many, many years. he talks a lot about efficiency and who knows? free cash flow, bring it back...
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Apr 22, 2024
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amazon is much lower. i mean, it's not like apple is so egregious. it's not like nvidia is, either, and we are working through some of that. >> i agree with everything you said. i mean, how could i disagree? they're facts. here is what i would say, the market overall is where it is because you pull forward the narrative, you pull forward the action of the fed cutting rates and now to the point you make in the introduction is we're still adjusting to the fact that maybe we are not going to have any rate cuts this year. then you have to assess will the ongoing level of monetary policy then contribute to a decline in the economy which we're starting to see. you take a look at truck inventories, for example, they are 20% of sales. that typically leads to a 20% cut in reduction. to the bigger point about mega cap tech earnings, yes, you have to pay attention to where the levels are in the pe, as i do, and i think meta which is one of my biggest positions, google and microsoft as well, i think they're cheap if you are looking longer term but what got us th
amazon is much lower. i mean, it's not like apple is so egregious. it's not like nvidia is, either, and we are working through some of that. >> i agree with everything you said. i mean, how could i disagree? they're facts. here is what i would say, the market overall is where it is because you pull forward the narrative, you pull forward the action of the fed cutting rates and now to the point you make in the introduction is we're still adjusting to the fact that maybe we are not going to...
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Apr 22, 2024
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amazon buying paramount? >> well, i'm just saying that andy jassy has said, my thursday night nfl and the friday -- the black friday were the two most impactful things that have happened for prime. >> i think andrew posed that question to jassy the other day, and jassy response was, we're happy with our content offering at the moment. the question might have been about mgm library. >> they bought mgm, and frankly, if amazon wanted to strike, they might be more interested if they really wanted to in buying warner bros. discovery, but they're not going to. >> it's a -- >> by the way, the regulators are not going to allow them. last i heard, the regulators are suing them for being anti-competitive overall. tough environment in which to go out and make a large acquisition. >> i think when you look at the value of sports, it just seems to increase everday. i mean, i think that we work, obviously, for comcast. i think you're going to see numbers for the olympics that are going to say, holy cow. i mean, maybe sports
amazon buying paramount? >> well, i'm just saying that andy jassy has said, my thursday night nfl and the friday -- the black friday were the two most impactful things that have happened for prime. >> i think andrew posed that question to jassy the other day, and jassy response was, we're happy with our content offering at the moment. the question might have been about mgm library. >> they bought mgm, and frankly, if amazon wanted to strike, they might be more interested if...
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Apr 22, 2024
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but so many questions about amazon. uhe been publishing a number of the excerpts and other stories that relate toot issues that you raise. a lot of talk ctics amazon uses understand how folks are doing certain things. saying that they are somebody else in some cases to find out some of the information. and i'm curious whether you think this is right or wrong ultimately. >> so amazon likes to tout all the good it does for small businesses and consumers on its website. but what i found in investigating the company for the book is that it actually spies on its third party sellers, it steals ideas from entrepreneurs. and it gouges a lot of the third party sellers that it holds up as an example of the small businesses that it is helping. they say they are customer obsessed but what i found is they are competitive obsessed. they are misrepresenting themselves to get on rival platforms to get secrets. >> and so let's talk about the tactics in a second, but the customer obsession versus the competition obsession, there is an ar
but so many questions about amazon. uhe been publishing a number of the excerpts and other stories that relate toot issues that you raise. a lot of talk ctics amazon uses understand how folks are doing certain things. saying that they are somebody else in some cases to find out some of the information. and i'm curious whether you think this is right or wrong ultimately. >> so amazon likes to tout all the good it does for small businesses and consumers on its website. but what i found in...
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Apr 22, 2024
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apple, microsoft, amazon wiping out $100 billion of value just last week. sliding stocks on the pop of bond yields. the benchmark ten-year yield at 4.65. it it has risen 40 basis points in november. we are looking at commodities and oil with the worst week since february. look at oil right now. it is under pressure once again. right now, wti crude is trading at $82.50 a barrel. brent crude is down 1%. it is trading at $86.40 a barrel. >>> time to see how europe is shaping up with silvia amaro with more. >> frank, we are seeing investors with more appetite for risk assets today. in today's session, i would highlight the ftse 100 trading higher by 1.3%. this was a different message from what we saw at the end of last week. we also are seeing green over in france, germany and spain. what we are noticing is investors are setting aside the geopolitical concerns from last week and they are more focused on the upcoming data and earnings. when it comes to data, we get pmi and european data from germany. let's take you to the sectors to understand the picture. we ha
apple, microsoft, amazon wiping out $100 billion of value just last week. sliding stocks on the pop of bond yields. the benchmark ten-year yield at 4.65. it it has risen 40 basis points in november. we are looking at commodities and oil with the worst week since february. look at oil right now. it is under pressure once again. right now, wti crude is trading at $82.50 a barrel. brent crude is down 1%. it is trading at $86.40 a barrel. >>> time to see how europe is shaping up with...
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Apr 22, 2024
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apple, amazon, microsoft and nvidia from overweight. we are waiting to hear from these companies. it will be an important week with the big tech earnings. to give you context, we saw the tech sector down 7% last week on wall street. an important one to monitor as we hear from these companies, frank. >> so much weight on earnings. one data set was if you take out five of the magnificent seven companies and earnings would be down 5% year over year. just how important these big tech companies are. we will show you the ones reporting this week. microsoft has been flat the last month. amazon is pushing to new record highs. different actions. apple with pressure in the recent weeks. we show the 12 months with apple being flat over the year. i imagine the rally from previous years without apple contributes. >> there are a couple of narratives impacting them with higher rates and all of that. there are company-specific problems. we know apple started the year in the negative when they reported sales down for the first time. a lot of pressure on some of the companies. let's see what they w
apple, amazon, microsoft and nvidia from overweight. we are waiting to hear from these companies. it will be an important week with the big tech earnings. to give you context, we saw the tech sector down 7% last week on wall street. an important one to monitor as we hear from these companies, frank. >> so much weight on earnings. one data set was if you take out five of the magnificent seven companies and earnings would be down 5% year over year. just how important these big tech...
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Apr 19, 2024
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draw your attention to the markets with nasdaq hitting a low of 2% with names like netflix, apple, amazon trading down as investors create this new reality potentially prolonging its next rate cut. here political issues are colliding that could impact your money with aid for ukraine and a potential tiktok ban and the future of the house speaker. we are in dc to lay out that drama and a busy weekend ahead. >> yes. congress will be working this weekend partly on that $95 billion package of aid for ukraine and israel and it did clear a major hurdle the day and now appears set for passage afternoon when i get back and it includes funding for ukraine, israel, the indo- pacific region, and also this fourth group of bills, national security focused, including the measure requiring that tiktok divest from its parent company bite dance. a group of hard-line conservatives have rallied against this bill and additional funding for ukraine but democrats through mike johnson a rare lifeline on a procedural vote today. he said while the bill wasn't perfect it was an improvement from the senate version.
draw your attention to the markets with nasdaq hitting a low of 2% with names like netflix, apple, amazon trading down as investors create this new reality potentially prolonging its next rate cut. here political issues are colliding that could impact your money with aid for ukraine and a potential tiktok ban and the future of the house speaker. we are in dc to lay out that drama and a busy weekend ahead. >> yes. congress will be working this weekend partly on that $95 billion package of...
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Apr 19, 2024
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i know people say apple and amazon >> amazon, apple, peacock, paramount plus headline that sony may team up with apollo to get in on that. >> good luck with that we'll see. >> good luck >> because sony is a japanese-owned entity. they cannot own cbs or cbs tv stations >> you have to split it up >> you have to break it up >> as you look at the chess pieces and we are sitting here 12 months from now, i don't know who the president is of the united states or the regulatory environment. do you think that all of these companies will still be independent? >> no. no you hit the nail on the head should nbc u and warner bros. discovery be one company it would be amaze ing if they were there is a lot of focus on that. that would be the powerhouse paramount will look different. >> is that your bet a year from now? you said you thought max was going to be the absolute number three. are they the absolute number three as an independent player or absolute number three with an accommodation with somebody else >> independent player. they are ramping up dc universe. loo a lot is coming on max to say this
i know people say apple and amazon >> amazon, apple, peacock, paramount plus headline that sony may team up with apollo to get in on that. >> good luck with that we'll see. >> good luck >> because sony is a japanese-owned entity. they cannot own cbs or cbs tv stations >> you have to split it up >> you have to break it up >> as you look at the chess pieces and we are sitting here 12 months from now, i don't know who the president is of the united states...
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Apr 19, 2024
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flight, there may be other service providers who are better inning providing services to you same with amazon make sure you see all of the amazing offers that independent sellers have on the platform lastly, can you go to another app store if you are not happy do you prefer to have a game app store with secure apps or do you have an app store where people can feel what they are offered is safe? quite a number of issues where we want full see there are diffs with the way businesses relate to us. >> you know, the word compliance stuck out in what you had to say. apple is still not following the update following the spotify update what happens if they are not in compliance >> this is top priority because it is about our choice as consumers. you can choose to pay within the app or system and pay 30% surcharge for that, but it should be possible for you to have a direct relationship with your service provider and pay the price they are asking without the 30% apple service fee. it is a high priority for us to get apple to comply with this and we are investigating this as a high priority. >> with so
flight, there may be other service providers who are better inning providing services to you same with amazon make sure you see all of the amazing offers that independent sellers have on the platform lastly, can you go to another app store if you are not happy do you prefer to have a game app store with secure apps or do you have an app store where people can feel what they are offered is safe? quite a number of issues where we want full see there are diffs with the way businesses relate to us....
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Apr 18, 2024
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you look at competitors like disney and amazon, this is a money loser that netflix is competing with. if we have rates that are higher for longer, and netflix can make that money, they can push the competition, where everyone else is going to have to be cutting back. netflix having those margins s good, not just because it is good fundamentally, it gives this edge over the competition that it can exploit. >> what about the sport aspirations? you have the tyson fight, which is obviously garnering a lot of interest, i'm sure they have other aspirations. potential nba interests, and things like that. how significant and serious do you think this is? is it a needle mover for you? >> it is super important, it is a needle mover for me. we will see the future be determined by who can take sports, pay for the rights, and make money off of it. even dipping a toe in the water, streamers trying to take that sports from linear television, and it has gone well so far. what are you going to do with the money? you are going to take it and buy sports rights, and press that advantage. we are going to
you look at competitors like disney and amazon, this is a money loser that netflix is competing with. if we have rates that are higher for longer, and netflix can make that money, they can push the competition, where everyone else is going to have to be cutting back. netflix having those margins s good, not just because it is good fundamentally, it gives this edge over the competition that it can exploit. >> what about the sport aspirations? you have the tyson fight, which is obviously...
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Apr 18, 2024
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i think amazon would probably be considered a front runner, for a new ackage to be created. there have been some rumblings that netflix might be interesting for a smaller package, like this in season tournament that they are doing this year. our own parent company is interested in rights. with nbc universal actually take warner bros. discovery as a partner?>> thank you, alex sherman. we have to cut you off.>> they are playing our song. closing bell, right now.>>> welcome to closing bell. this break or break our begins with a count on for well known growth stocks, it is netflix, it is at the top of the hour, there's a lot riding on that, as tech has teetered lately. we will ask our experts what to expect, and what's at stake. in the meantime, we will look at the scorecard with 60
i think amazon would probably be considered a front runner, for a new ackage to be created. there have been some rumblings that netflix might be interesting for a smaller package, like this in season tournament that they are doing this year. our own parent company is interested in rights. with nbc universal actually take warner bros. discovery as a partner?>> thank you, alex sherman. we have to cut you off.>> they are playing our song. closing bell, right now.>>> welcome to...
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Apr 18, 2024
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that's symbolic of meta jumping in this race saying they're going to compete with the google, amazon and microsoft on every front. this is just the beginning >> this initiative operates under the brand "llama," am i correct? my son's favorite animal, by the way. >> yes so this is its latest version of llama, which is important to note this is an open source model, so as meta is essentially giving this away for free, that's a very different strategy from the likes of google and microsoft and amazon they're charging typically a monthly rate for their customers. users or senterprises to get access meta's model is offering these bots for free to keep people within that ecosystem of apps, so it will continue to make money through advertising, through clicks and visits. the other interesting thing about this being an open source model means that meta may have to hire less of the really expensive ai research talent that the others are hiring google, paying as much as $20 million over four years. by making it open source, it crowd sources from a lot of the ai talent out there that wants to c
that's symbolic of meta jumping in this race saying they're going to compete with the google, amazon and microsoft on every front. this is just the beginning >> this initiative operates under the brand "llama," am i correct? my son's favorite animal, by the way. >> yes so this is its latest version of llama, which is important to note this is an open source model, so as meta is essentially giving this away for free, that's a very different strategy from the likes of google...
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you're not waiting you bought more amazon >> bought more amazon. >> why >> it's a relatively new position i took a toe hold about a couple of months ago. amazon has held in there very well let's not forget that for the last three years it actually has underperformed the market by a meaningful amount. recently it broke out to a new all-time high. during that three years the financial performance of the company has been fabulous. i don't see that ending. if you look at amazon web services or the retail part of the business, they're going to continue to fire on all cylinders. some people may say, well, at 40 times forward earnings, is this really true to your value discipline, to which i say, yes, for two reasons. i think there's a good likelihood on the strength of the economy that the estimates are too low for amazon and, number two, you really have to normalize amazon's earnings for what if they just stopped building they shouldn't, but what if they stopped investing in the future and operated what they had right now? their expenses would go down, earnings would go up i think is obviously
you're not waiting you bought more amazon >> bought more amazon. >> why >> it's a relatively new position i took a toe hold about a couple of months ago. amazon has held in there very well let's not forget that for the last three years it actually has underperformed the market by a meaningful amount. recently it broke out to a new all-time high. during that three years the financial performance of the company has been fabulous. i don't see that ending. if you look at amazon...
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amazon, home depot, fedex. david, these are real companies that are not -- that are actually scaling back in warehouse. >> yeah. >> i'm not worried i think that they're good companies. but you know, david, we have to be concerned that maybe we got too worried about a hot economy, and then march turns out to be weaker can you imagine? >> it would be -- it would be interesting, to say the least. i mean, we had the fed chair just two days ago, though, say, you know, right now, the data's not saying anything about a near-term -- need for a near-term cut, so i don't know >> and we -- and we just got philly fed with a blowout number relative to expectations, jim, and prices paid, highest of the year >> yeah, look, that's entirely related to the resurgence of the 76ers. i don't know what else there's nothing else to rave about in philadelphia. >> we are going to take them down we are going to take them down >> david, david, i said blackstone's going to rally, and i think that you guys are hobbled, okay? i'll take that
amazon, home depot, fedex. david, these are real companies that are not -- that are actually scaling back in warehouse. >> yeah. >> i'm not worried i think that they're good companies. but you know, david, we have to be concerned that maybe we got too worried about a hot economy, and then march turns out to be weaker can you imagine? >> it would be -- it would be interesting, to say the least. i mean, we had the fed chair just two days ago, though, say, you know, right now,...
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amazon is going to great lengths to gather intel from rivals. the giant set up a third-party seller called big river services international. a third party arm to sell products through marketplaces. not its own, but e-bay and shopify and walmart and others to gather intelligence according to people familiar with big river, the site spawned from the 2015 plan called project curiosity. it used it with sales to get pricing data and logistic information and other details about sites. let's bring in our steve kovach to bat around the ethical question or moral question or business question. >> doesn't seem legal. >> that is my read >> it is deceitful >> the piece makes it outas if it is a clandestine effort, which it is with their own email addresses. there were times when they go to conferences and they say they're from own email addresses, not representing themselves as they are. sometimes they go to conferences and they say they're from big river. my question is, do we think as amazon seems to suggest in the article, their spokesman, this is a norma
amazon is going to great lengths to gather intel from rivals. the giant set up a third-party seller called big river services international. a third party arm to sell products through marketplaces. not its own, but e-bay and shopify and walmart and others to gather intelligence according to people familiar with big river, the site spawned from the 2015 plan called project curiosity. it used it with sales to get pricing data and logistic information and other details about sites. let's bring in...
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upcoming earnings season and second half of 2024 is how are the mega tech stocks, microsoft, meta and amazon validate the strength of the u.s. economy in the next generation bull market that we're going into and how will that bleed over into europe? we have very strong data points that are going to contribute to very successful earnings season in the next couple quarters. >> tom, you are expecting a strong earnings season we have seen a change in leadership of the markets with the clarity of rate cuts has gone away as you mentioned as well as tech under pressure and volatility from the geopolitical tensions and the election in the u.s. when you talk to clients, what are you advising them to find opportunities for the markets and how do you view bonds? >> you've seen a broadening of the stocks participating in the rally. it is not just the magnificent seven anymore for the 2023 leaders. we told our clients to expect that with the u.s. economic strength there means we are looking at other areas today, on your program, we saw the ceo of abb with robotics being an area to continue to dominate di
upcoming earnings season and second half of 2024 is how are the mega tech stocks, microsoft, meta and amazon validate the strength of the u.s. economy in the next generation bull market that we're going into and how will that bleed over into europe? we have very strong data points that are going to contribute to very successful earnings season in the next couple quarters. >> tom, you are expecting a strong earnings season we have seen a change in leadership of the markets with the clarity...