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microsoft has been an alpha dog in the market for ages. ever since iphone sales stalled and critics dismissed it as a no growth company. the artificial intelligence gave the azure cloud division a 7% boost. that is incredible. that is open ai and chat gpt. by the way, pretty soon it will come to your pc. maybe july or august. we know these companies are making fortunes, but we often have to be reminded why that is happening. it's in large part because of the solutions made possible by the ceo of nvidia. i don't know how many of you remember the movie field of dreams? if you build it they will come. it was fiction. if you build a baseball diamond in a cornfield there's no way actual baseball stars would show up. you know what? jensen pulled a, if you build it they will come story. he built chips to build video games better which quickly became much faster than everything else on the market. for several years they languished as the non- promotional ceo. then one day his friend sam altman came to play ball. the rest was fantasy because it can
microsoft has been an alpha dog in the market for ages. ever since iphone sales stalled and critics dismissed it as a no growth company. the artificial intelligence gave the azure cloud division a 7% boost. that is incredible. that is open ai and chat gpt. by the way, pretty soon it will come to your pc. maybe july or august. we know these companies are making fortunes, but we often have to be reminded why that is happening. it's in large part because of the solutions made possible by the ceo...
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Apr 26, 2024
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microsoft didn't close on the highs. a lot of stuff gave back a little bit of ground those are great headlines. next week we've got a fed meeting, a payroll number on friday, a lot of dynamics for the macro that i think could change how good everybody feems. where were we last friday? >> you see a pullback in the markets. you see a pullback in nvidia but you see rates going higher, you still buy nvidia >> yes, i think ultimately -- and there is a bid below nvidia less than there is a bid -- it's got more of a bid to it on a dip than the market does right here. >> i think the market is going to pull back i'm staying with i think we're going to test that 200 day which is 4690 in the s&p very rarely do you tap the 50 and then not go through the 100, down to the 200 to test the 200. i feel as if -- i've been positive on the market i feel as if even the bulls would like a status check on the market because i'm not saying this is going to be a long-term test, i think we're going to test it and rebound. >> it was a little bit s
microsoft didn't close on the highs. a lot of stuff gave back a little bit of ground those are great headlines. next week we've got a fed meeting, a payroll number on friday, a lot of dynamics for the macro that i think could change how good everybody feems. where were we last friday? >> you see a pullback in the markets. you see a pullback in nvidia but you see rates going higher, you still buy nvidia >> yes, i think ultimately -- and there is a bid below nvidia less than there is...
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microsoft and alphabet put out a good print last night. and it's like meta never happened maybe it didn't happen it's all in the metaverse. nothing's real >> meta happened people ask when does volatility come to markets. it's almost always the result of policy uncertainty we're grappling with policy uncertainty here, and we should expect some swings but ultimately i come back to the idea that peak inflation, peak interest rates, peak tightening all favor stocks over the subsequent years and that's certainly been the case since inflation peaked in june 2022 and since the fed was done raising rates -- >> we'll call it wbi, wonky but interesting. do we care about the u.s. dollar it's soaring we should do a show on the japanese yen do we care that the dollar's up? or do we just care that the momentum's there, the stock buyers are there, consumers, to your point, are still there? >> broadly i think those things matter i don't think you can discount the dollar it's going to affect certain areas of the market more so than others we're in this per
microsoft and alphabet put out a good print last night. and it's like meta never happened maybe it didn't happen it's all in the metaverse. nothing's real >> meta happened people ask when does volatility come to markets. it's almost always the result of policy uncertainty we're grappling with policy uncertainty here, and we should expect some swings but ultimately i come back to the idea that peak inflation, peak interest rates, peak tightening all favor stocks over the subsequent years...
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it was different in alphabet and microsoft last night microsoft had an interesting answer to this capex problem right now demand is outstripping the supply of ai capabilities. we will spend oodles and oodles of cash on this. >> when they say demand is outstripping supply, does that mean companies are going to them saying here is how we think ai could help us. and google says we don't have the application to put that in but we could invest and build it >> sort of it's mostly happening in the cloud, especially with open ai because of the relationship between microsoft and open ai. when people go to open ai and use their technology for their own apps, for their own services, for their own chat bots, so much is running on the microsoft azure cloud. next weekly will get a different story. amazon will probably be caulking about capex. in fact, they announced it yesterday. probably to get ahead of the negative reaction meta had but they're also being very aggressive with their buildout apple is a completely different story. we don't know where they fit into this ai picture how much of that is
it was different in alphabet and microsoft last night microsoft had an interesting answer to this capex problem right now demand is outstripping the supply of ai capabilities. we will spend oodles and oodles of cash on this. >> when they say demand is outstripping supply, does that mean companies are going to them saying here is how we think ai could help us. and google says we don't have the application to put that in but we could invest and build it >> sort of it's mostly...
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alphabet and microsoft shares popping after both companies beat on the top and bottom lines. the tech giants emphasizing the growth of their respective ai businesses, but that does come at a big cost. microsoft's capex jumped 79% steveco vak joins us with more >> we were talking about the montization stories, and it's clear what we heard yesterday, it's the very early days, not a lot of disclosure, just some promising nuggets of information showing both companies could be on the cusp of something big here microsoft, ai sales showed up in the azure cloud unit, printing 7 points to the revenue growth, up from 6% quarter over quarter but that's where the ai story ends at microsoft. there's lots of mushy talk from the ceo on co-pilot, but at the end of the day, we have no idea how well it's selling. he did throw us something here and said a handful of companies that bought at least 10,000 subscriptions for co-pilot as for google and alphabet, the ceo shot back at the idea google's core search business was under threat from chat bot search ends. he said -- >> he said google will m
alphabet and microsoft shares popping after both companies beat on the top and bottom lines. the tech giants emphasizing the growth of their respective ai businesses, but that does come at a big cost. microsoft's capex jumped 79% steveco vak joins us with more >> we were talking about the montization stories, and it's clear what we heard yesterday, it's the very early days, not a lot of disclosure, just some promising nuggets of information showing both companies could be on the cusp of...
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when i listen to google, microsoft, meta, google 90% cap x year over year microsoft 50%. tesla is going to buy 50,000 h-100s meta the same. what that tells me is they're still buying nvidia. i think jim is spot on and great to add to that position because it's over its 50 day it's bouncing at it. when their numbers come out, listening to these trillion dollar companies talk about the cap x spend, they're still going to nvidia. so i think nvidia will have another blow-out quarter and we got the stock back over a thousand if the stock participates in it as well. >> alphabet hitting a new all-time high after announcing its first ever dividend as well. we've got some ownership here around the desk. i guess, josh, let's start with you. what did you like about the quarter? there was so much really to pick from here. >> so there is two things here, courtney i want to talk about the optics, and i want to talk about the actual fundamentals. the optics around alphabet have been horrendous in recent months i'm a long-term shareholder and i had thought earlier this year that alphabet
when i listen to google, microsoft, meta, google 90% cap x year over year microsoft 50%. tesla is going to buy 50,000 h-100s meta the same. what that tells me is they're still buying nvidia. i think jim is spot on and great to add to that position because it's over its 50 day it's bouncing at it. when their numbers come out, listening to these trillion dollar companies talk about the cap x spend, they're still going to nvidia. so i think nvidia will have another blow-out quarter and we got the...
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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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microsoft up 4%. meta platforms up a quarter after losing 10.5% on the heels of its earnings report tech trade playing out at well energy side of things. a quick check on exxon mobil and chevron. both shares still down chevron down one half of 1%. and exon mobil down on mixed earnings report for both companies impacted by nat gas prices and refining margins came in a little lower than what some people hoped for crude prices up one quarter of 1% now three quarters of 1%. and energy etf down one half of 1% as well the state of play, andrew. back to you. >> thank you very much, dom. have a great weekend >> you, too. >>> up next, bank of america savita subramanian joins us onset to talk about a big week for the markets and today's inflation data. >>> and reminder, berkshire hathaway annual meeting with warren buffett you have a question, sending to le trell go through them and secto ad during the meeting. >>> stay tuned we'll be right back. you an elevated experience, tailor-made for trader minds. go deep
microsoft up 4%. meta platforms up a quarter after losing 10.5% on the heels of its earnings report tech trade playing out at well energy side of things. a quick check on exxon mobil and chevron. both shares still down chevron down one half of 1%. and exon mobil down on mixed earnings report for both companies impacted by nat gas prices and refining margins came in a little lower than what some people hoped for crude prices up one quarter of 1% now three quarters of 1%. and energy etf down one...
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microsoft share up 4%. timothy, thank you >>> coming up on "worldwide exchange," thanks, but no thanks mega mining merger looks like it wy be over before it starts weill be right back right after this break . people person. but he is an “i can solve this in 4 different ways” person. you need clem. clem needs benefits. work with principal so we can help you with a plan that's right for him. you know what i'm saying? let our expertise round out yours. >>> welcome back to "worldwide exchange." we start with anglo american rejecting the takeover proposal from bhp saying it is significantly under valuing the company and prospects. in a statement, the chairman calls the bid unattractive and creates substantial uncertainty and execution risks for the company and other shareholders shares of both companies trading lower. >>> the bank of japan keeping rates unchanged after the policy meeting. this after inflation came in lower than expected for the month. the boj will buy bonds at the same pace as previous month
microsoft share up 4%. timothy, thank you >>> coming up on "worldwide exchange," thanks, but no thanks mega mining merger looks like it wy be over before it starts weill be right back right after this break . people person. but he is an “i can solve this in 4 different ways” person. you need clem. clem needs benefits. work with principal so we can help you with a plan that's right for him. you know what i'm saying? let our expertise round out yours. >>> welcome...
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microsoft said 7% of growth in cloud was coming from a.i. products meta is actually not really clear what their business model is going to be they are giving away the models. >> investors do not like the metaverse one bit. one thing that is underreported is the digital ad business google with a rebound. double bdigits year over year. what does that tell you about the companies for microsoft and the tens of billions for google. for amazon, it is a big and growing business how important will the digital ad business be going forward >> it is the business. what happens is most companies captured attention of all of the people in the world and they are selling ads. 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
microsoft said 7% of growth in cloud was coming from a.i. products meta is actually not really clear what their business model is going to be they are giving away the models. >> investors do not like the metaverse one bit. one thing that is underreported is the digital ad business google with a rebound. double bdigits year over year. what does that tell you about the companies for microsoft and the tens of billions for google. for amazon, it is a big and growing business how important...
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Apr 25, 2024
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let's talk about microsoft and alphabet, both of which are flying in after-hours trading. microsoft beat the estimates for every major line item with 17% revenue growth, which is incredible 20% earnings growth. that's looking growth. their azure cloud business growing nicely again much better than expected. ♪ hallelujah ♪ their integration of artificial intelligence seems to be helping them sell enterprise software, which is microsoft's bread and butter these ai workloads are incredibly strong for them and they are seeing stability even in the pc market yes, it's stabilizing. nice quarter as for alphabet, wow, they finally did it it was a magnificent set of numbers. no wonder the stock was so strong searching youtube core business were much better than expected they finally broke out some numbers for youtube and they were spectacular ai business incredible google cloud was great growing at 28.4% clip. up with the other big boys authorized, get this, $70 billion buyback on the strength of share count directly boosting the earnings per share and hallelujah ♪ hallelujah
let's talk about microsoft and alphabet, both of which are flying in after-hours trading. microsoft beat the estimates for every major line item with 17% revenue growth, which is incredible 20% earnings growth. that's looking growth. their azure cloud business growing nicely again much better than expected. ♪ hallelujah ♪ their integration of artificial intelligence seems to be helping them sell enterprise software, which is microsoft's bread and butter these ai workloads are incredibly...
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Apr 25, 2024
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. >> microsoft >> microsoft and this is a great test for them -- i don't like where steve had mentioned that a.i. went from -- up to 7% part of that growth versus 6%, you would have liked to see a little more traction, but it's going in the right direction. >> in terms of big seven, whatever you want to call it, but so far, the names that have reported, are they going to be defensive in this environment at these multiples? have they proven -- has alphabet and microsoft, pick on those two in particular, because we have the results tonight, are they going to be defensive? >> i think they're defensive when you have these kinds of numbers. i don't know how defensive you can be at some point and i think defensive for megacap tech stocks -- the kind of growth we're seeing, from these companies, it's mid teens, it's high teens, for multiples, you know, if you are looking at price to earnings growth, peg ratios, you know, there's -- different appetite for different levels of valuation, but they are defensive, they have proven defensive in the past. but where have we come from? and what we start
. >> microsoft >> microsoft and this is a great test for them -- i don't like where steve had mentioned that a.i. went from -- up to 7% part of that growth versus 6%, you would have liked to see a little more traction, but it's going in the right direction. >> in terms of big seven, whatever you want to call it, but so far, the names that have reported, are they going to be defensive in this environment at these multiples? have they proven -- has alphabet and microsoft, pick...
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Apr 25, 2024
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>> you are bullish tonight and i am making a real point with microsoft, alphabet and it will be good. >> tonight the knicks will win and tech earnings will be strong and i think eventually what you will see is that this is the pound the table moment where they show the modernization here and not hype and that is why when it talks everyone listens. >> is there something they have to say like a strong demand for chatgpt? >> what do they have to say about the future to make you even happier. >> it is about what adoption looks like and a 30% type good number and what that adoption curve looks like. if you start to see new della and i think much more significant than they expected, that shows this title wave of $1 trillion of spending and it's coming to the rest of tech. >> to your point we talked about whirlpool and harley davidson and looking at these mid-level consumer stocks in the middle class is struggling and there is a big gap and a market have and have not and ai is a habit and anything related to middle class could ultimate lee -- altar is down 21% since april 1. >> without quest
>> you are bullish tonight and i am making a real point with microsoft, alphabet and it will be good. >> tonight the knicks will win and tech earnings will be strong and i think eventually what you will see is that this is the pound the table moment where they show the modernization here and not hype and that is why when it talks everyone listens. >> is there something they have to say like a strong demand for chatgpt? >> what do they have to say about the future to make...
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Apr 25, 2024
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i think microsoft, it's really hard to not feel great about picking microsoft. at the end of the day, it's a company we talked about this, they report tonight. whether there's weakness or not, the real question is what are you paying for microsoft at 35 times this is a company that i think is a tech multiple that is at least in the higher end of its historical five to ten-year average azure, i think the street is expecting around 28%, 29%. any type of a beat on that will be a relief. the bar is very high on this name >> all right there's the sound again. today, of course, is take your kids to work day we have a lot of young people, and they are buzzing about our next guest, social media star drewsky. check him out in praise this on peacock. you're on the clock. what's your pick >> man, you know, i'm on the board right now, so pretty easy. it ain't hard to see >> how much nike drip do you own? >> man, i gotta say, my closet is full right now. but you know, i chose nike because i'm in a couple commercials. sabrina inhanescu got me as the coach. they got us outfits
i think microsoft, it's really hard to not feel great about picking microsoft. at the end of the day, it's a company we talked about this, they report tonight. whether there's weakness or not, the real question is what are you paying for microsoft at 35 times this is a company that i think is a tech multiple that is at least in the higher end of its historical five to ten-year average azure, i think the street is expecting around 28%, 29%. any type of a beat on that will be a relief. the bar 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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Apr 25, 2024
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steve kovach at microsoft. we'll start with deirdre bosa. >> i've been listening to your conversations intently zuckerberg raising these concerns over gen a.i. that applies for google as well revenue contribution is still unclear, but for google it is expected to show up in the cloud. continues to spend bill, warning that capex spend will be larger. how does sundar pichai protect search ads while embracing gen a.i. and chatbots? look to core search advertising numbers. the advertising numbers were lower than expected and some thought, uh-oh, gen a.i. is pulling away from search google, too, needs a new ceo they still don't have one. potentially an announcement tonight. we'll be listening maybe a small chance of this, some are looking tonight for a dividend especially after meta sur surprised markets by issuing one that could offset some concerns around spending. it has withheld for a long time. >> jim, what are you expecting you're a shareholder >> i am not expecting a reaction in either. the multiple different
steve kovach at microsoft. we'll start with deirdre bosa. >> i've been listening to your conversations intently zuckerberg raising these concerns over gen a.i. that applies for google as well revenue contribution is still unclear, but for google it is expected to show up in the cloud. continues to spend bill, warning that capex spend will be larger. how does sundar pichai protect search ads while embracing gen a.i. and chatbots? look to core search advertising numbers. the advertising...
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nvidia, microsoft and then meta. so just very high expectations while they did deliver on the top line in the quarter they only beat their mid-point by 2 points and folks were expecting more then again, as you cited, you did have the higher full year both op exand capex guidance and comments by mark zuckerberg allud alluding to they plan to lean into ai investments. >> has zuckerberg deserved the right to be considered a disciplined spender and would not cross over into areas that are not eventually monetizibility >> i don't think so, yet i think they're toying with we still have the facebook reality lab still on track to losing $20 million, it has to do with ai and the core instagram, facebook, advertising business, and they may want to shift some of that spending kind of on a reporting basis back to the core so no, i don't think he's kind of entirely, you know, earned his way out, but i think when being the fastest growing company in advertising, that does earn him a lot of street cred. >> he's invested in the past
nvidia, microsoft and then meta. so just very high expectations while they did deliver on the top line in the quarter they only beat their mid-point by 2 points and folks were expecting more then again, as you cited, you did have the higher full year both op exand capex guidance and comments by mark zuckerberg allud alluding to they plan to lean into ai investments. >> has zuckerberg deserved the right to be considered a disciplined spender and would not cross over into areas that are not...
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Apr 25, 2024
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>> dan, i guess part of the question people have is you can see the real base case and reasons that microsoft is doing this spending because there's a huge potential market and huge market for use cases when it comes to business. use case is when it comes to the consumer are a little harder to find your way around at least ones you can monetize and maybe they need to lay that out more i do realize when it comes to advertising and what they have been able to deploy is advertising which outshines competitors. it may be a tough case with the monetizing >> i think for the consumer and the distinction you make, becky, is correct in terms of the enterprise you can invest we will see with microsoft and azure tonight. it is generating quantifiable revenue. with meta, it will take time it will manifest in a different way. you will see user metrics continue to remain healthy you will see more and more engagement with video and more immersive experiences. the ability to tease out exactly how it is being monetized with the generative a.i. will be tougher. i think the end result will be a healthy user bas
>> dan, i guess part of the question people have is you can see the real base case and reasons that microsoft is doing this spending because there's a huge potential market and huge market for use cases when it comes to business. use case is when it comes to the consumer are a little harder to find your way around at least ones you can monetize and maybe they need to lay that out more i do realize when it comes to advertising and what they have been able to deploy is advertising which...
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Apr 25, 2024
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here is where microsoft is more based on the multiple that microsoft is tradingat 35 time pe that's a little bit more on the sensitivity from rates less so far google alphabet is a story of what is going on in their business and disruption in the search business >> all right nimrit kang, thank you preview of microsoft and alphabet earnings after the bell today. >>> coming up after the break, micron is set to receive billions from the chips archact. >>> first the big money movers ford is moving higher with the strength of the commercial unit with the offset of ev losses it is lowering estimates and raising the adjusted free cash flow outlook. >>> whirlpool is increasing prices by 5% in north america due to sticky inflation and cutting 1,000 jobs to expand profit margins shares down 20% in the last year and 30% off the 52-week high >>> align technologies beating first quarter estimates and growing revenue by 6% thanks to the asia pacific region. shares up 5% right now we'll have more after the break. stay with us o find a doctor when? what about zocdoc? so many options. yeah, and dr. xi
here is where microsoft is more based on the multiple that microsoft is tradingat 35 time pe that's a little bit more on the sensitivity from rates less so far google alphabet is a story of what is going on in their business and disruption in the search business >> all right nimrit kang, thank you preview of microsoft and alphabet earnings after the bell today. >>> coming up after the break, micron is set to receive billions from the chips archact. >>> first the big...
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Apr 25, 2024
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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 said you blow the lights out or the market takes its pound of flesh i wonder if you agree with the sentiment. >> i think if you look at tesla, for example, you know, elon musk made a clear statement forget the automaker results, which were down, but focus on the future he sold it well. i don't buy it five years ago, tesla was all about electric vehicle and esg now electric vehicle sales are falling and china is getting competitive. now he is talking about autonomous driving that is possibly many years away there will be turbulence for companies like tesla back to your comment i guess it depends on investors. what i see i
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 said you blow the lights out or the market takes its pound of flesh i wonder if you...
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wait >> dan >> yeah, microsoft i think the reaction to meta should make you cautious about microsoft. >> and guy >> happy wedding anniversary to a cnbc legend bill griffith and his wife >> all right >> newmont mining on the back of what karen was talking about >> thank you for watching "fast money," great to have you. "mad money" with jim cramer starts right now >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a market somewhere, and i promise to help you find it. madam money starts right now. hey, i cramer. i'm just trying to save you a little bit of money. my job is not just to entertain, but to teach you. call me at 1-800-743-cnbc. cash is rook. we said cash is king when the
wait >> dan >> yeah, microsoft i think the reaction to meta should make you cautious about microsoft. >> and guy >> happy wedding anniversary to a cnbc legend bill griffith and his wife >> all right >> newmont mining on the back of what karen was talking about >> thank you for watching "fast money," great to have you. "mad money" with jim cramer starts right now >> my mission is simple. to make you money. i'm here to level the...
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Apr 24, 2024
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what about for microsoft, then? >> well, i think it shows you something specific about google -- and i will speak to microsoft in a second. google has all the assets to still be a player. i that is why they have done well over the last month, two months. investors have come back to the reality that they have distribution. millions of people use their platform, they have x, they have money, they have all the ingredients. microsoft has a lot of those ingredients, but they don't have the same data. they had to go work with openai to bring openai to reality on their systems, on azure. so, i think microsoft is in a great place. certainly, if you think about the mag 6 stocks, google, microsoft are probably at the top from a software application standpoint. but, google, we prefer here and continue to own it. >> lastly, the mega cap and trade in general, are you feeling shaky about it? do you feel a come back is in order? is this the week in which that starts? >> we still feel good about it. i think when the market is up 13
what about for microsoft, then? >> well, i think it shows you something specific about google -- and i will speak to microsoft in a second. google has all the assets to still be a player. i that is why they have done well over the last month, two months. investors have come back to the reality that they have distribution. millions of people use their platform, they have x, they have money, they have all the ingredients. microsoft has a lot of those ingredients, but they don't have the...
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Apr 24, 2024
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positive obviously, from a sentiment perspective, what we hear from the mega caps coming up, we have meta, microsoft, alphabet this week, you have a host of the rest of the mega caps next week. that i think is going to be very important in the short term. but overall, i think what we're seeing is that there's a broad number of companies across sectors and industries that are reporting good numbers, and to me, that supports this idea that we are seeing a broadening out of the market. we're seeing a rotation underneath the surface so whether or not the market is down because yields are moving higher, you have to be looking long-term. to me, i would be using down size opportunistically, because the fundamentals are in place, and there's good opportunities across sectors and industries right now. >> a lot of the folks that we have on our air here, like you, these days are talking about small caps a lot of people have been talking about small caps for a long time. so i guess i'm kind of from missouri, show me. show me the money here when is that going to happen, or is it happening? >> yeah, i think -- i
positive obviously, from a sentiment perspective, what we hear from the mega caps coming up, we have meta, microsoft, alphabet this week, you have a host of the rest of the mega caps next week. that i think is going to be very important in the short term. but overall, i think what we're seeing is that there's a broad number of companies across sectors and industries that are reporting good numbers, and to me, that supports this idea that we are seeing a broadening out of the market. we're...
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Apr 24, 2024
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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 to meet the moment if you look at the mega cap, we're not here without that, obviously. nvidia is up 100% in six months. meta is up 66% in six months amazon, alphabet, 39%, 29.5%, respectively microsoft, 24% we can take apple out for now. it's irrelevant to our conversation the question is, are they going to live up to the hype so to speak? >> i believe they will, actually i think that meta and microsoft -- i don't want to say definitely but a much higher probability on meta. micro
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...
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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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government taking a look at the role of these partnerships between openai and microsoft anthropic, google has a relationship with amazon, what those things mean and whether they are work arounds to some degree, what may have been a merger of sorts, of course, the ceo in this case of anthropic saying they're completely independent, there is no board representation, which is different than the way openai is set up, for example, as it relates to amazon. coming up on the other side of this, rockefeller international's ruchir sharma bhe and talk about why an economic downturn could be coming sooner than expected. you don't want to miss this. come on back >>> our next guest has an op-ed in the financial times titled the overstimulated super power basically, positing that the economy is overheated and a slowdown could come faster than expected joining us now, ruchir sharma, breakout capital founder and cio, his new book "what went wrong with capitalism" comes out in june. good to see you, ruchir. and i guess you can tell us exactly what your point of view is here, but we're all aware of what hap
government taking a look at the role of these partnerships between openai and microsoft anthropic, google has a relationship with amazon, what those things mean and whether they are work arounds to some degree, what may have been a merger of sorts, of course, the ceo in this case of anthropic saying they're completely independent, there is no board representation, which is different than the way openai is set up, for example, as it relates to amazon. coming up on the other side of this,...
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>> well, we do hold microsoft and alphabet we've been long-term beneficiaries in the growth of those companies. if one looks outside the magnificent 7, it doesn't have to be the stock that has earnings growth here if you have a look at it, maybe you're not seeing the same levels i think if you have a chance to look outside of those seven, there's some great opportunities and companies that are not getting the headline, haven't been dominating the market to buy into the more reasonable valuations and still get good earnings growth. >> you know, speaking of, you actually talked to us in your notes about unitedhealth care. i'm looking at the charts though month to date, it's down 1.5%. you say this is a valuation play just explain this to me with this kind of stock decline is there enough of a valuation discount in your mind to accept this kind of a stock decline from a company like this >> this is a great question, frank, and, actually, unite health group is a leading discount they're trading in almost a decade, about 7% cash-free yield. it's showing actually 17% compound earnings grow
>> well, we do hold microsoft and alphabet we've been long-term beneficiaries in the growth of those companies. if one looks outside the magnificent 7, it doesn't have to be the stock that has earnings growth here if you have a look at it, maybe you're not seeing the same levels i think if you have a chance to look outside of those seven, there's some great opportunities and companies that are not getting the headline, haven't been dominating the market to buy into the more reasonable...
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Apr 23, 2024
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meta, microsoft, alphabet, green, as well. they report their earnings over the next couple of days, that will be big. tesla reporting tonight it, too, is struggling mightily this year. and the russell 2000, yes, it is up nice again, too. yields have stabilized. and by the way, on that note, coming up, we will ask former fed chair richard clara to when the fed will cut rates, if at all this year. this does take us how to best move in this market. let's ask our chief investment strategist with charles schwab. good to see you back again. we had this nice move over the last couple of days. do you believe in it? how you feeling about this market? >> the market got a little bit oversold especially in areas that had taken a drubbing and technology sector dropped to only 10% of stocks trading above a two day moving average. i do think that enticed some buyers, not to mention the earnings from some of the mega cap names this week, maybe elevating some interest on the buy side. i think it also didn't eliminate the froth, but ease some o
meta, microsoft, alphabet, green, as well. they report their earnings over the next couple of days, that will be big. tesla reporting tonight it, too, is struggling mightily this year. and the russell 2000, yes, it is up nice again, too. yields have stabilized. and by the way, on that note, coming up, we will ask former fed chair richard clara to when the fed will cut rates, if at all this year. this does take us how to best move in this market. let's ask our chief investment strategist with...
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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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basis. >> i see why microsoft does it. no one is going to say you can't make the acquisition. >> i think they will not say you can't do what you are doing because this is that. this is effect tively that. >> this is stealth. >> we see it. >>> in the meantime, gm reporting the results. i want to bring phil lebeau in with the numbers. phil. >> reporter: andrew, a beat on the top and bottom line by gm. we will talk about the guidance in a bit. the numbers. company reporting $2.62 per share profit. the street expecting 2$2.15. the highest estimate on the street was $2.53. gm earning $2.62. revenue coming in at $43 billion. the numbers within the numbers in the first quarter q1 margin of 9% against 9.5% last year. in north america, gm made $3.84 billion compared to $3.57 billion in the first quarter of last year. china has a loss given what we see with the auto market there. $1063 million in the first quarter. gm financial $737 million profit against $771 million in the first quarter last year. now for the raised guidance. sign
basis. >> i see why microsoft does it. no one is going to say you can't make the acquisition. >> i think they will not say you can't do what you are doing because this is that. this is effect tively that. >> this is stealth. >> we see it. >>> in the meantime, gm reporting the results. i want to bring phil lebeau in with the numbers. phil. >> reporter: andrew, a beat on the top and bottom line by gm. we will talk about the guidance in a bit. the numbers....
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Apr 23, 2024
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we will hear from the big tech companies stateside like microsoft and tesla. we are seeing pockets of green when it comes to tech in europe. it is driven by the results we are getting from the tech space in europe. retail is up 1.3% as i mentioned earlier with the result from ab foods which is contributing to the positive momentum. they beat on the expectations. when it comes to the worst performing ectors, it is basic resources down 1.2%, frank. >> you mentioned technology is out performing. one company is helping is s.a.p. it is reporting first quarter cloud revenue in line at 3.9 billion euro which was a 24% increase from the year earlier as the surge for artificial intelligence is fueling growth. annette is joining us with more. shares are moving higher, annette. >> reporter: yes. we have seen positive momentum more s.a.p. shares for a couple of months. this is pushing them higher again because clearly they are reconfirming outlook for the year and the partnership that nvidia seems to be working quite well. in a nutshell, what they are saying is they have
we will hear from the big tech companies stateside like microsoft and tesla. we are seeing pockets of green when it comes to tech in europe. it is driven by the results we are getting from the tech space in europe. retail is up 1.3% as i mentioned earlier with the result from ab foods which is contributing to the positive momentum. they beat on the expectations. when it comes to the worst performing ectors, it is basic resources down 1.2%, frank. >> you mentioned technology is out...
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Apr 22, 2024
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"mad money" tonight, what's driving the nasdaq's recent downturn with microsofts s a dr on friday? then netflix? no chill. after thecompany's post earnings decline, i'm examining the bull and bear case for the company. and gold had its worst day since february 2023. i'll sit down with the ceo barrick cold to get a sense of the action. how about that? so stay with cramer. ♪ >>> don't miss a so effected "mad money." follow @jimcramer on x. have a question? tweet cramer, #madmentions. send jim an email to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" bacon and eggs 25/7. you're darn right. solar stocks are up 20% with the additional hour in the day. [ clocks ticking ] i'm ruined. with the extra hour i'm thinking companywide power nap. let's put it to a vote. [ all snoring ] this is going to wreak havoc on overtime approvals. anything can change the world of work. from hr to payroll, adp designs forward-thinkin
"mad money" tonight, what's driving the nasdaq's recent downturn with microsofts s a dr on friday? then netflix? no chill. after thecompany's post earnings decline, i'm examining the bull and bear case for the company. and gold had its worst day since february 2023. i'll sit down with the ceo barrick cold to get a sense of the action. how about that? so stay with cramer. ♪ >>> don't miss a so effected "mad money." follow @jimcramer on x. have a question? tweet...
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Apr 22, 2024
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meta, microsoft, alphabet, tesla, all set to report this week. but after the stock's recent selloff, will the results give them a boost or more cause for concern? we're going to talk it out. >>> plus, a bit ccoin bounce. prices are back on the rise, so, can gains keep coming? and what's next for the crypto space? our bitcoin baller b.k. is here to break it down. >>> and the ftc moving to block tapestry's acquisition of michael kors parent capri. why the move? and what does it mean for the two companies' futures? on the desk tonight, we have carter worth, courtney garcia, dan nathan, and guy adami. >>> we're going to start with the sigh of relief for stocks. the s&p 500 surging nearly 1% to snap a six-day losing streak. the dow gaining 250 points, the nasdaq leading the charge up 1.1%. markets did close off their highs of the session, though. and are still well below their recent records. the s&p down about 4% in the past month and the nasdaq down nearly 6% in that same period of time. all 11 s&p 500 sectors were in the green today, with tech the
meta, microsoft, alphabet, tesla, all set to report this week. but after the stock's recent selloff, will the results give them a boost or more cause for concern? we're going to talk it out. >>> plus, a bit ccoin bounce. prices are back on the rise, so, can gains keep coming? and what's next for the crypto space? our bitcoin baller b.k. is here to break it down. >>> and the ftc moving to block tapestry's acquisition of michael kors parent capri. why the move? and what does it...
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Apr 22, 2024
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>> microsoft is our largest. the reason why we like that company is the fact that it's so entrenched in our day-to-day lives in terms of enterprise, and just the consistency and the defensiveness of the business, so while valuations are elevated for a name like microsoft, we think the premiums that investors are paying for it is reasonable. >> the idea of -- i'll take you back let's say, i don't know, six months, four months. let's go four months. the idea of lower interest rates at some point this year, how much do you think that had to do, if at all, with the run we saw in the megacap names and then if i take that off the table from you, what is it going to mean for the next six months, let's say? >> fair question. you know, we were noncon sen us in terms of the interest rate outlook. we thought the fed was not going to do what the market expected in terms of a percentage cut in rates. we were thinking one or two rate cuts this year. we think honestly earnings growth is going to be more important than whether t
>> microsoft is our largest. the reason why we like that company is the fact that it's so entrenched in our day-to-day lives in terms of enterprise, and just the consistency and the defensiveness of the business, so while valuations are elevated for a name like microsoft, we think the premiums that investors are paying for it is reasonable. >> the idea of -- i'll take you back let's say, i don't know, six months, four months. let's go four months. the idea of lower interest rates at...
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Apr 22, 2024
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meta, you've got meta, alphabet, microsoft all on deck. for that let's go to steve kovach with a look at what to expect. steve? >> reporter: hey there, tyler. it will start this week with meta on wednesday, and then we get microsoft earnings and alphabet on thursday. 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
meta, you've got meta, alphabet, microsoft all on deck. for that let's go to steve kovach with a look at what to expect. steve? >> reporter: hey there, tyler. it will start this week with meta on wednesday, and then we get microsoft earnings and alphabet on thursday. 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....
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Apr 22, 2024
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they're taking different strategies and microsoft exploded with chatgpt and amazon is doing a bunch of different things that are less clear to investors, but meta came out really swinging last week by just incorporating gen ai and the llama large language model into its family of apps. we're at this phase, tyler where last year we kind of looks at the picks and shovels of the ai race and who actually is using it in applications and that is what we'll be looking for next next few weeks and meta leapfrogged ahead by putting it into the existing product which has a distribution of millions of use ares and it's been developing its old open, and i bunch of different developer, but absolutely meta is a contender. >> deertirdre bosa, thank you v m much. >> could its recycling efforts turn around and that and three other friendly stocks to buy on this earth day. that's next. icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. when you need to prepare for unpredictable adventures... (gasp) you need weathertech. [hot
they're taking different strategies and microsoft exploded with chatgpt and amazon is doing a bunch of different things that are less clear to investors, but meta came out really swinging last week by just incorporating gen ai and the llama large language model into its family of apps. we're at this phase, tyler where last year we kind of looks at the picks and shovels of the ai race and who actually is using it in applications and that is what we'll be looking for next next few weeks and meta...
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Apr 22, 2024
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i have such tech exposure between meta and microsoft, alphabet as we talked about and also amazon, we can quibble whether it's retail, whether it's tech, i look at it as tech because aws drives it. and then i've got vertiv and taiwan semi. if i look for the one i love least, i think has the most time to recover that's asml. now it's a complete show me stock. i was right that the quarter was going to be disappointing, so was the rest of the street. everybody thought it was a show me quarter. this he didn't show me so now i have until they report the third or fourth quarter to get back in the stock if i choose to do so. it's more portfolio positioning than specifically this. netflix, conversely, i don't know if we will get to it later in the show -- >> sounds like you want to get to it now. >> i do because it's on my mind. look, i said i'd buy it last week and i didn't, didn't sell what i have, it's a small position but now i have to think about, okay, this he did away with reporting subs, which is what apple did five years ago, but, i don't know, i don't think the market can get to inc
i have such tech exposure between meta and microsoft, alphabet as we talked about and also amazon, we can quibble whether it's retail, whether it's tech, i look at it as tech because aws drives it. and then i've got vertiv and taiwan semi. if i look for the one i love least, i think has the most time to recover that's asml. now it's a complete show me stock. i was right that the quarter was going to be disappointing, so was the rest of the street. everybody thought it was a show me quarter....
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Apr 22, 2024
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bearish on tech names downgrading what they call the big six tech stocks, 34r5 amazon, alphabet, amazon, microsoft and nvidia. quote, investors attribute the run in mega cap stocks to animal spirits and the impact of ai and however our work indicates that surging earnings momentum fueled this upside. unfortunately this momentum is collapsing with the big six eps growth expected to decline from 42% to 16% over the next year. we'll see if that's true this week. >> meantime one notable tech name not on the list is tesla. shares continue to drop, touching a new 52 week low in today's session and several analysts cut their target going into tomorrow's report. jpmorgan to a street low 115, deutsch cut from 189 to 123, barclays from 225 to 180, wedbush's dan ives said the moment of truth has arrived for tesla and elon musk and, quote, the clock has struck midnight for musk to lay out a plan for the future. adam jonas, street high target of 310 asks if it's time to bring back old habits and, quote, sleep on the floor of the factory again. let's bring in phil lebeau to help us talk through the headlines ah
bearish on tech names downgrading what they call the big six tech stocks, 34r5 amazon, alphabet, amazon, microsoft and nvidia. quote, investors attribute the run in mega cap stocks to animal spirits and the impact of ai and however our work indicates that surging earnings momentum fueled this upside. unfortunately this momentum is collapsing with the big six eps growth expected to decline from 42% to 16% over the next year. we'll see if that's true this week. >> meantime one notable tech...
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activity just like microsoft. with apple, really not much of the a.i. story right now, but expecting that to come at the developers conference in june. more of the concern right now is the declining sales for apple, especially in china. shares are the only one in the group down 14% on the year. guys. a lot going on. >> what will happen with tesla this week? >> oh, man. >> do you have a view? >> for what? >> tesla. tesla. everybody is freaking out. >> i think phil put it nicely. will they ditch this model 2 for the robotaxi initiative? i remember elon musk saying there will be a million robotaxis next year and that was five years ago. this august event is what people are looking at for tesla. >> keep the dream alive. >> this is what it will be like one day. >> steve, thank you. nice to see you. >>> coming up this morning, the house voting to authorize foreign aid for israel over the weekend. we will talk about the potential impact of the funds on the war right afr isteth. (music playing) switch to shopify and sell smarter at every stage of your business.
activity just like microsoft. with apple, really not much of the a.i. story right now, but expecting that to come at the developers conference in june. more of the concern right now is the declining sales for apple, especially in china. shares are the only one in the group down 14% on the year. guys. a lot going on. >> what will happen with tesla this week? >> oh, man. >> do you have a view? >> for what? >> tesla. tesla. everybody is freaking out. >> i think...
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meta, alphabet and microsoft. the stakes could not be higher after ugly days which fall the sector falling 7%. the worst week since march of 202. a 2020. 29 of the nasdaq 100 are 20% from their 52-week high. look at some of the biggest pullbacks in the space. amd is off 35% from the high. intel off 33%. palo alto off 27%. adobe is also off 27% with nvidia off 22% in bear market territory. joining me now is james cakmak. >> good morning, frank. >> i want to talk about earnings season coming up. we are hitting on stocks well off the highs. how important is earnings season not only for the market, but for tech? fact set came out with a report with five of the magnificent seven stocks are supposed to be 60% higher. if you look at the s&p, earnings decline at 7%. lay it out for us. >> i think what we saw over the last week with a couple of bellwethers reporting. taiwan semi and netflix reported. i think we saw estimates which got ahead of themselves. not so much estimates, but ex-pee expec expectations. the estimates c
meta, alphabet and microsoft. the stakes could not be higher after ugly days which fall the sector falling 7%. the worst week since march of 202. a 2020. 29 of the nasdaq 100 are 20% from their 52-week high. look at some of the biggest pullbacks in the space. amd is off 35% from the high. intel off 33%. palo alto off 27%. adobe is also off 27% with nvidia off 22% in bear market territory. joining me now is james cakmak. >> good morning, frank. >> i want to talk about earnings season...
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microsoft and alphabet report on thursday. this is after the worst weekly performance last year with the tech stocks weighing heavily on the year. tesla is cutting prices after it is battling higher inventory after increased competition. let's look at tesla prices right now. stock, i should say. down 2.5%. the stock has been heavily under pressure due to price wars with ev makers in china. also looking at chinese ev makers on the back of the reduction in prices by tesla. they are under pressure as well. interesting to see. li auto down 8%. followed by gw motor. leap motor down 5.5%. we are getting news that tesla's ceo elon musk, is postponing the visit to india. asked about the investment to the market. >> we have seen outstanding talent here. we have some of the chips designed and software and hardware in india for the global markets. the last few years, we have seen 5g in india and it has been amazing to see the opportunities that brings for indian consumers as well as for enterprises. we have seen india as a great r&d cent
microsoft and alphabet report on thursday. this is after the worst weekly performance last year with the tech stocks weighing heavily on the year. tesla is cutting prices after it is battling higher inventory after increased competition. let's look at tesla prices right now. stock, i should say. down 2.5%. the stock has been heavily under pressure due to price wars with ev makers in china. also looking at chinese ev makers on the back of the reduction in prices by tesla. they are under pressure...
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, meta and alphabet reporting next week and microsoft underperforming. could earnings change the story for the stock? let's bring back the chart master carter braxton worth and mike khouw for good old fashioned old school "options action." carter, kick is off with the charts. >> this is a big and prominent name that matters to all, perhaps not widely as apple, but number two, sure hi, and bigger market cap now so here's a chart, we have three, with the 150-day moving average, that october selloff was a 15%er, and i think we're headed down there again. so take a look at the next iteration. and, what you'll see here is, we dropped 15.6%, we touched the 150-day to the penny and we bounced. this selloff, i think, is going to do the exact same thing that would take us down 12 3k9, and it's also exactly where the trend line, and that's the point of a moving average, is essentially an automated trend line comes into play so lower from here, and then even as we get to that level, a play for bounce. >> so, mike, what's the trade? >> yeah, it's interesting, option
, meta and alphabet reporting next week and microsoft underperforming. could earnings change the story for the stock? let's bring back the chart master carter braxton worth and mike khouw for good old fashioned old school "options action." carter, kick is off with the charts. >> this is a big and prominent name that matters to all, perhaps not widely as apple, but number two, sure hi, and bigger market cap now so here's a chart, we have three, with the 150-day moving average,...
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we mentioned tesla, apple, microsoft, nvidia down on the nth as well. we'll talk with wedbush's dan ivess in a moment. >>> welcome back to "squawk on the street." tough week for tesla as you know on pace to end the week down more than 10% if shares end the day lower. that will the stocks longer daily losing streak since january. we know that tuesday is going to be a big day you say the clock has struck midnight and the line that struck out to me, trading in the model 2 for robo would be a tragic gamble in your opinion. >> i think it would be a gamble that could maybe even define the future of tesla in the next three to five years. i think right now the big nervousness is model 2, that's a key part of the group, that's 50 to 60% of the incremental growth of the next two or three years robotaxis, autonomous, not another five or six years. we've seen over the last decade and been through white knuckle moments for musk and tesla, this is up there. a cinderella story in the near term has turned into a nightmare on elm street. it all starts next tuesday needs
we mentioned tesla, apple, microsoft, nvidia down on the nth as well. we'll talk with wedbush's dan ivess in a moment. >>> welcome back to "squawk on the street." tough week for tesla as you know on pace to end the week down more than 10% if shares end the day lower. that will the stocks longer daily losing streak since january. we know that tuesday is going to be a big day you say the clock has struck midnight and the line that struck out to me, trading in the model 2 for...
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eu regulators pushing back on the report they concluded the microsoft investment into openai is not an acquisition. officials tell cnbc the probe is still ongoing and may review the oversight. joining me now is margrethe vestager good morning it is great to have you here i hope i said your name right. >> good morning. it's great to see you. thank you very much for the effort in having such an unpronounceable name thank you very much. >> a great name. i want to get down to business this is the first time we had the opportunity to speak with you since the u.s. doepartment f justice brought the case against apple. we heard them talk about the app store and the color of messaging bubbles. what did you make of that? >> i think it is a very important case i think it is very important that anti-trust authorities do their job in order to have fair competition in everything dig digital. in the u.s. as well as europe, we have sparkling innovation in the ecosystems it is important that they can get to their customers by a second app store or side loading so they are enabled because real competiti
eu regulators pushing back on the report they concluded the microsoft investment into openai is not an acquisition. officials tell cnbc the probe is still ongoing and may review the oversight. joining me now is margrethe vestager good morning it is great to have you here i hope i said your name right. >> good morning. it's great to see you. thank you very much for the effort in having such an unpronounceable name thank you very much. >> a great name. i want to get down to business...
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look at the performance between alphabet and microsoft, most people probably with ink that microsoft has the better position over the last 12 months. but no, google is up 50%, microsoft is up 40 >> the price action has been very impressive to google. the arms race for a.i. continues. it's nice to see some of the partnership deals that google has put in place, they have done a deal with apple. now they are looking to do a deal with mehta. i think this is exciting for their business, the u2 business, the search business. the other big part for me, they've been improving operational margin significantly, you are starting to see google cloud has recently become profitable, that's not a story we talk a lot about, but i think there is upside there as well. >> joe, you get the last word. >> the s&p is in retreat, going back to the february gap. we got down to 5000 today. i'm going to put on the hat of someone who is short in the market. what else are you waiting for? wait until it gets to 4984, profit margin extensions here, earnings have been strong, the prevailing bull trend is still in p
look at the performance between alphabet and microsoft, most people probably with ink that microsoft has the better position over the last 12 months. but no, google is up 50%, microsoft is up 40 >> the price action has been very impressive to google. the arms race for a.i. continues. it's nice to see some of the partnership deals that google has put in place, they have done a deal with apple. now they are looking to do a deal with mehta. i think this is exciting for their business, the u2...
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number one headline, microsoft they have poll position with this ai partnership, but the regulators are not backing off so will that hurt microsoft in the next stage of the race google is restructuring around ai, and it's streamlining its business to "improve velocity and execution. a memo today to staff underscores this new tone that we've been hearing from other google executives. point blank, it is going on the offensive. and the thing that you mentioned, tyler, that is the most interesting today comes from meta. it will be integrating its system into its family of apps, facebook, instagram, whatsapp, messenger, there's also a brand new landing page for its chatgbt meta.ai. 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 fre
number one headline, microsoft they have poll position with this ai partnership, but the regulators are not backing off so will that hurt microsoft in the next stage of the race google is restructuring around ai, and it's streamlining its business to "improve velocity and execution. a memo today to staff underscores this new tone that we've been hearing from other google executives. point blank, it is going on the offensive. and the thing that you mentioned, tyler, that is the most...
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i'm not hating on microsoft. what i'm saying is i'm not add to go microsoft today. i'm adding to amazon by the way, nvidia is looking tempting to add to >> what's the biggest risk in the microsoft quarter? what's the worst thing that could indicate -- >> the worst risk -- >> i was just going to say >> no risk >> he said there's no risk jim lebenthal said that. not me not josh not liz. >> if i'm trading ahead of the quarter, what i would worry about is the commercialization effort of openai is going slower than what the market is hoping for. >> okay, fine. how about if i agree with you that is actually maybe even likely >> you already said otherwise, too late >> you already said there was no risk that would be a major problem. >> well, okay -- >> goes to my benefit of the doubt comment. >> this is where we differ i don't think it's major i don't. i don't think that's something that if that happens, josh, people wake up in the morning and say, this is a crummy stock. i want to get rid of microsoft >> don't you think we've talked about sort of looking down the a.i. hig
i'm not hating on microsoft. what i'm saying is i'm not add to go microsoft today. i'm adding to amazon by the way, nvidia is looking tempting to add to >> what's the biggest risk in the microsoft quarter? what's the worst thing that could indicate -- >> the worst risk -- >> i was just going to say >> no risk >> he said there's no risk jim lebenthal said that. not me not josh not liz. >> if i'm trading ahead of the quarter, what i would worry about is the...
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and then, next week, i don't know if you looked at the calendar, verizon, monday, tesla, tuesday, microsoft, google, on thursday. it's going to heat up. >> we should point out, by the way, tesla shares are now down a full 40% for the year. well below the half a trillion market value that we were looking at $474 billion is where i've got them right now and they are going to be issuing, what, 56 billion shares to elon musk if and when shareholders approve that compensation package, jim. >> well, is there a clause which says that you can actually cut his compensation package because of the stock or is that just beyond the pale? does it matter >> previous targets having been met as a result of the 2018 package that was put in place, that was already voted on by shareholders, but somehow rejected by a delaware court >> in reality, i think that he deserves it, because that's what the contract said. and you know, there's a lot of baseball players who get 250 to $300 million, and it doesn't matter if they stink >> that's true >> you know? that's the -- it's a contract. and it should be honored i di
and then, next week, i don't know if you looked at the calendar, verizon, monday, tesla, tuesday, microsoft, google, on thursday. it's going to heat up. >> we should point out, by the way, tesla shares are now down a full 40% for the year. well below the half a trillion market value that we were looking at $474 billion is where i've got them right now and they are going to be issuing, what, 56 billion shares to elon musk if and when shareholders approve that compensation package, jim....