35 Burst results for "CNBC"

NYDIG Partners With FIS to Offer Bitcoin via Hundreds of Banks

Unchained

00:48 sec | 2 d ago

NYDIG Partners With FIS to Offer Bitcoin via Hundreds of Banks

"Bitcoin in your bank account fintech firm f. Fis is partnering with digital asset manager. Dick to bring about an industry first customers at hundreds of us banks will be able to purchase hoddle or sell bitcoin directly within their bank account without having to go through an exchange such as coin base or payment obligation like paypal ni- dig will handle custody insecurity. The program has already enrolled hundreds of smaller institutions as reported by cnbc night big is in discussions with several of the larger banks in the us. About bringing them into the program. Morgan stanley and goldman sachs have already announced that they will offer bitcoin funds to their high net worth clients with j. p. morgan repeatedly mulling a similar product. Perhaps the decision of smaller banks to train front run. Bitcoin adoption for the everyday customer will pressure the larger institutions to follow suit for their retail customers

Hoddle Bitcoin FIS Dick Cnbc Paypal United States Morgan Stanley Goldman Sachs Morgan
Biden Backs Waiving International Patent Protections for COVID-19 Vaccines

America's First News

01:47 min | 3 d ago

Biden Backs Waiving International Patent Protections for COVID-19 Vaccines

"Morning, the U. S trade representative announcing that the Biden administration supports a waiver of intellectual property protections for covert 19 vaccine patents. Will advocate the lift The measures with the World Trade Organization representative Catherine Tie, noted that President to Biden strongly believes in the protections but considers the waiver needed S O that Other countries, especially those experiencing a surge and infections like India can ramp up their vaccine programs. The White House has faced pressure to support the waiver. But critics and some drug manufacturers argue it's too risky and won't actually increase global vaccine distribution. In fact, Visor board member of Dr Scott Gottlieb Says the U. S. Needs to be honest about the process. Look, We just need to be honest about what we're promising when not if we promise that we're going to give away the AIP were not promising that anybody is going to get a dose from the manufacturing facility outside the United States for at least a year, And that's not the most circumstance I think could take longer than that. I think the Chinese and the Russians do have the capacity. Copy these vaccines. There's one vaccine manufacturing South Africa that we could potentially work with to do a tech transfer to stand up manufacturing in that facility. They couldn't make a vaccine soup to nuts because this is a multi part process different facilities and needed for different parts. This process, even fives and manufactures the vaccine over multiple facilities they could take on, perhaps to fill, finishing or some parts of the state steps involved in manufacturing vaccine. It would take time it would take at least six months to a year. You'd have to put personnel new equipment in there to do that. I'm not saying it's impossible, but it's not going to be something that solves the problem in next six months, maybe the next 12 months. Audio courtesy of CNBC. All 164 members of the World Trade Organization will have to agree on the matter before Ah, waivers implemented.

Biden Administration Catherine Tie Dr Scott Gottlieb World Trade Organization U. Biden White House India South Africa United States Cnbc
Greg Abel to Succeed Warren Buffett When Berkshire Hathaway CEO Retires

America First

00:25 sec | 6 d ago

Greg Abel to Succeed Warren Buffett When Berkshire Hathaway CEO Retires

"Has some big shoes to fill. The Berkshire Hathaway vice chairman will succeed billionaire Warren Buffett as CEO. Buffet confirmed the succession plan to CNBC after Berkshire's Charlie Munger spilled the beans during the company's annual meeting over the weekend. 90 year old buff, it says while he has no plans to retire, if anything happened to him, Abel would be the one to take the top post that

Berkshire Hathaway Warren Buffett Charlie Munger Cnbc Buffet Berkshire Abel
Coca-Cola Will Raise Prices to Offset Higher Commodity Costs

WBZ Afternoon News

00:30 sec | 2 weeks ago

Coca-Cola Will Raise Prices to Offset Higher Commodity Costs

"Have to pay more to get yourself a can of Coke. Coca Cola CEO James Quincy told CNBC that the company is raising prices on some of its beverages for the first time since 2018 due to higher commodity costs, following similar moves by other consumer products makers. Like J. M. Smucker and Kimberly Clark, the Atlanta based company top first quarter earnings expectations, with store sales strong enough to offset another week quarter of restaurant and bar sales, where Coca Cola has historically enjoyed strong market share.

James Quincy Coca Cola J. M. Smucker Cnbc Coke Kimberly Clark Atlanta
Dogecoin Spikes 400% in a Week

The Breakdown with NLW

00:54 sec | 3 weeks ago

Dogecoin Spikes 400% in a Week

"Discuss why we're talking about does coin in a bull market. Sometimes numbers go up in a way that no matter what you think about an asset. You have to ask why or at least if you don't ask why others will. Let's take a quick survey of headlines about doj from just this morning. Cnbc says does coin spikes four hundred percent of a week. Stoking fears of a cryptocurrency bubble. Cnn says does coin price soars more than one hundred percent to new record. after elon. musk business insider does coin. Price rally extends to five hundred and twenty percent over past week on tweet coin base. Newsweek says exclusive does coin investor becomes millionaire after putting life savings and demean crypto benzinga investors in disbelief as doj becomes top five crypto with forty seven billion dollar market cap. And then there's usa today not a joke anymore. Does coins surges above thirty

Musk Business Insider DOJ Cnbc Elon CNN Newsweek USA
Third Pfizer COVID-19 Vaccine Dose ‘Likely’ Needed Within Year

the NewsWorthy

00:52 sec | 3 weeks ago

Third Pfizer COVID-19 Vaccine Dose ‘Likely’ Needed Within Year

"Well you might need a third dose of pfizer's covid nineteen vaccine the pfizer. ceo said. it's likely people may need a booster shot between six and twelve months of getting fully vaccinated with the first two doses and that in general it's possible people will need a covid nineteen vaccine each year. Just like with the flu shot but his prediction still need to be confirmed. And the pfizer's ceo admits it also depends what happens with the newer covid. Nineteen strains the binding administration's code response. Chief science officer also said this week. American should expect to get booster shots to help protect against those other variants and madonna. Ceo told cnbc. The company hopes to have a booster shot available as soon as this fall so far both pfizer and moderna have said their data shows there to dose vaccines already available in the. Us are more than ninety one percent effective against covid nineteen for up to six months but more research is

Pfizer FLU Cnbc Madonna Moderna CEO United States
Jeff Bezos Promises to Make Amazon “Earth’s Best Employer” in Farewell Letter

Techmeme Ride Home

01:47 min | 3 weeks ago

Jeff Bezos Promises to Make Amazon “Earth’s Best Employer” in Farewell Letter

"As we know. Jeff bezos is relinquishing his. Ceo title later this year and so this morning. He released his final letter to shareholders as amazon ceo. And it's interesting. He directly addressed one of the elephants in the room and suggested that amazon should extend its famous obsession with customer experience to cover care for amazon's own employees as well quoting cnbc. Bazars pointed to the recent union election outcome. At one of amazon's warehouses as an example of why the company needs to address challenges within its workforce last week amazon secured enough votes to defeat a historic unionization. Drive at its bessemer. Alabama warehouse which if successful would have represented the first union at a us amazon facility while the voting results were lopsided and our direct relationship with employees is strong. It's clear to me that we need a better vision for how we create value for employees. A vision for their success. Bazo wrote amazon has famously held a core set of leadership principles chief among them being customer obsessed in the future bazo said he wants amazon to do the same for its employees quote. Despite what we've accomplished it's clear to me that we need a better vision for our employees success. Bazo said we have always wanted to be earth's most customer centric company. We won't change that. It's what got us here. But i am committing us to an addition we are going to be earth's best employer and earth's safest place to work and quotes in his new role as executive chairman. Bazo said he plans to focus on how to make amazon's warehouses safer. Roughly forty percent of work related injuries are sprains or strains mostly due to repeating the same motions and our common among new employees. He

Amazon Bazo Bazars Alabama Warehouse Jeff Bezos Cnbc United States
The Real Story of Inflation Right Now

The Breakdown with NLW

02:02 min | 3 weeks ago

The Real Story of Inflation Right Now

"What's going on guys. It is tuesday april thirteenth. And today we are talking about the real story of inflation right now. New consumer price index or. Cpi out from the bureau of labor statistics and this is the latest entrant into the great inflation debate. I want to discuss the complexity of that conversation but to do so we have to go back in time just a little bit in may of twenty twenty just a couple of months after assets crashed around the beginning of covid nineteen lockdowns. Paul tudor jones published. What i believe will go down as one of the seminal treatises in the history of bitcoin. The piece was all about what he called. The great monetary inflation quote the depth and magnitude of the economic off took modern monetary theory the direct monetization of massive fiscal spending from the theoretical to practice without any debate. We are witnessing the great monetary inflation an unprecedented expansion of every form of money. Unlike anything the developed world has ever seen for those of us in the bitcoin. Space even more significant than the diagnosis was the proposed remedy. Pj and his team had surprised even themselves by getting convinced bitcoins role in that sort of macroeconomic context. They had turned bitcoin bulls. This was a seminal moment in the institutional turn towards. Bitcoin and the essential thing wasn't just that an influential hedge fund guru got into a pet asset. It was this setup around inflation that people could see and feel for themselves a few months later stand. Druckenmiller went on cnbc echoed many of these themes. He said for the first time in a long long time. I'm actually worried about inflation. He went as far to say that he could see inflation getting his highest five percent to ten percent for a time. Now part of the reason that druckenmiller cited for this was a shift in fed policy a new willingness to let inflation run hot specifically the fed had indicated that rather than shifting monetary policy based on projected inflation. The fed would only change policy. Wants a target level of inflation had already been

Bureau Of Labor Statistics Paul Tudor Jones Druckenmiller PJ Bitcoin Cnbc FED
Tesla Stock Upgraded After 'Paradigm Changer' Delivery Numbers

Tesla Daily: Tesla News & Analysis

01:52 min | 3 weeks ago

Tesla Stock Upgraded After 'Paradigm Changer' Delivery Numbers

"Our here and they were talking about an upgrade stock from canaccord genuity. We have new tweets from yuan over the weekend. A tokenism of tesla's stock some news on tesla energy and a couple other stories as well. That's the stock on the day to day. Finishing up three point six nine percent to seven hundred and one dollars ninety eight cents compared to the nasdaq slightly down on the day down. Four tenths of a percent possible tailwind on the stock today from an upgrade from jet door shy of canaccord genuity on tesla stock now reading the stock as a by up from hold an increasing his press target by more than one hundred and fifty percent from four hundred nineteen dollars per share all the way up two thousand and seventy one dollars cameras on cnbc today to discuss the notes that oil down to three things number one. The beat and delivery numbers thinks that will lead to greater profitability. Second are bullish on forty six eighty battery production opening up supply for tesla to continue to expand their business both in automotive but particularly in energy storage third tussles brand door shurmur saying quote we can only compared to apple in terms of the brand value tussles driving any energy market and quote in the actual note canaccord genuity says they see tesla becoming the brand and energy storage and creating an apple inc ecosystem with their multiple product offerings so that you actually have tesla energy and their model. They have a growing to what they say. Conservatively would be a billion dollars per year. Twenty twenty five. At five percent gross margin that would compare to twenty twenty levels of two billion dollars in revenue at about a one percent gross margin but gross margin was suppressed from twenty nineteen levels due to solar primarily solar roof which actually talk about a little bit later on so out actually expect more revenue. That's only doubling from the two-billion-dollar level here to four four to eight. I definitely don't expect that to say tusla for years. Once forty six eighty battery supply comes online. Tesla and four and using those numbers was already at a three billion dollars per year run rate for energy but it is really nice to see start to include and talk about tesla energy and their models

Canaccord Genuity Tesla Cnbc Apple
Microsoft Is Acquiring Nuance Communications

Techmeme Ride Home

01:27 min | 3 weeks ago

Microsoft Is Acquiring Nuance Communications

"Microsoft has acquired speech tech company nuance for nineteen point. Seven billion dollars in cash a twenty three percent premium on its friday closing price on the stock market quoting cnbc the nuance acquisition represents microsoft's largest acquisition since it bought linked in for more than twenty six billion dollars in two thousand sixteen. It's the latest sign. Microsoft is hunting for more growth through acquisitions. The company is also reportedly in talks to buy the chat app. Discord for about ten billion dollars on top of that microsoft made an effort to bhai tick tock. Us business last year for about thirty billion dollars before the deal was derailed. Last month microsoft completed its seven point six billion dollar acquisition of gaming company zan amax nuance would be aligned. With the part of microsoft's business that serves businesses and governments nuance derives revenue by selling tools. For recognizing and transcribing speech in dr office visits customer service calls and voicemails in its announcement microsoft said nuances. Technology will be used to augment microsoft's cloud products for health care which were launched last year in an interview on cnbc squawk on the street. Monday microsoft ceo such an adela highlighted nuances healthcare tools as the key driver behind the acquisition quote. We've seen a massive acceleration of digital transformation healthcare in particular nonetheless said when you think about the provider market digital tech is going to be the

Microsoft Cnbc Zan Amax Dr Office United States Adela
Microsoft To Buy Speech Tech Company Nuance for $16 Billion

Morning News with Manda Factor and Gregg Hersholt

00:25 sec | 3 weeks ago

Microsoft To Buy Speech Tech Company Nuance for $16 Billion

"Risk. Microsoft is in advanced talks to buy the speech recognition company nuance and an agreement could be announced today. CNBC reports Microsoft's willing to pay about $16 Billion for the Boston company Nuance generated nearly $1.5 billion in revenue in the last fiscal year in the company's software, recognizes and transcribe speech in doctor's offices, customer service calls and

Microsoft Cnbc Nuance Boston
Volkswagen's Name Change Joke Didn't Land

Business Wars Daily

03:48 min | 3 weeks ago

Volkswagen's Name Change Joke Didn't Land

"From brown and business wars daily on this monday april twelfth. Happy started the week. Everyone you know. Who's been having a tough april volkswagen matsue and as you may have that's mostly because they started the month with an april fools joke that fell flatter than a busted tire is started in the last days of march when the automaker quote accidentally unquote released a very serious sounding statement announcing that they'd be changing their name to volts wagon that's volts as in electricity. Now volkswagen's id for is the company's only electric model in the us market so far but the company is planning to build more and said that all future electric models would come emblazoned with their new name volts wagon now in eighty-three rolled company. Suddenly changing. Its moniker is suspicious right. But the name change announcement was so deadpan that it got picked up by the likes of cnbc. The bbc and the verge and all that publicity had an impact on the company's stocks. Volkswagen stock prices rose nearly five percent on the day the statement was released the ap reported but only hours later. A company spokesman confirmed that the name change was an early april. Fool's joke a joke. I should say that didn't quite land sea. Volkswagen isn't exactly held up as a model of corporate transparency. You may remember that in two thousand fifteen. The company installed deceptive software in its vehicles to cheat on government emissions tests that move launched a five-year fiasco. That cost volkswagen thirty. Five billion dollars led to the recall of millions of vehicles so volkswagen's been trying to dust off. Its image since then which makes this joke. Well puzzling to say the least and the us securities and exchange commission doesn't seem to have that much of a sense of humor. Manipulating the stock market is of course illegal. An even though it's not certain that manipulation was the intent behind volkswagen statement. The joke certainly swelled stock prices which could bring regulators knocking. But there's another automaker who's been there done that and is thriving that would be tesla which has in the past straight up to see the public in two thousand eighteen founder elon. Musk tweeted that. He had the funding to take tesla. Private stock prices surged ten percent. But it was later revealed that actually there was no such funding. Musket has company each over twenty million dollars in penalties to the sec. But today it seems like things are working out for tesla their social media the spotlight and their electric models are in last month. Wall street journal columnist dan. Neil took volkswagen the new. Id four for a spin and said tesla has nothing to worry about the id. Four is five years behind the comparable tesla you'll wrote and the engineering betrays a premature rush to market harsh words for volkswagen. Which of course has been angling of late to compete directly with tesla. Both automakers plan to open new european factories for their electric vehicles and volkswagen group

Volkswagen Matsue Tesla Cnbc Brown SEC BBC AP Elon United States Musk Musket Wall Street Journal Neil DAN Volkswagen Group
Google Wants Workers to Return to the Office

Morning News with Manda Factor and Gregg Hersholt

00:54 sec | Last month

Google Wants Workers to Return to the Office

"The first Seattle area employers to send workers home will now be among the first to bring them back. Almost Corwin hey, cast more in March of last year when the full extent of the pandemic was just beginning to be understood. Google's Seattle officers ordered their white collar workforce to work from home. Amazon, Facebook and others soon followed. Now Google is slowly turning the lights back on. They're starting to open up offices and move employees in on a volunteer basis. Jennifer you Elias is tech reporter for CNBC dot com. Google is trying to get employees to know that they really value collaboration and in person work, Google tells geek Wire. It will reopen offices and Kirkland and in Seattle South Lake Union area on April 20th with a plan of operating at less than 20% capacity. Amazon, Seattle's largest employer, told workers last week. They are expected back in the office by early fall.

Seattle Google Corwin Amazon Elias Cnbc Facebook Jennifer South Lake Union Kirkland
Dow Finishes Down Nearly 100 Points One Day After Notching Record

Doug Stephan

00:17 sec | Last month

Dow Finishes Down Nearly 100 Points One Day After Notching Record

"96 points from a record high. The S and P 500 hidden intraday record yesterday but closed down three covering really at record highs after being up 2.5% over the last two days, which, of course, the first two days off the quarter. CNBC's Mike Santoli, a broad range of companies, though,

Mike Santoli Cnbc
Google Ultimately Prevails Over Oracle in Java API Case

Techmeme Ride Home

01:32 min | Last month

Google Ultimately Prevails Over Oracle in Java API Case

"The. Us supreme court has ruled in google's favor in that big. Copyright dispute with oracle over the use of java api is basically with a six two two vote the justices overturn what had been a big oracle lawsuit victory coating cnbc. The case concerned about twelve thousand lines of code that google us to build android that were copied from the java. Application programming interface developed by sun microsystems which oracle acquired in two thousand. Ten oracle sued google over the use of its code and one. Its case twice before the specialized. Us court of appeals for the federal circuit the supreme court reversed. the federal. circuit's decision justice steven brier. Who wrote the majority opinion. In the case reason that google's use of the code was protected under the copyright doctrine of fair use quote. We reached the conclusion that in this case where a user interface taking only what was needed to allow users to put their accrued talents to work in a new and transformative program google's copying of the sun java. api was a fair use of that material. As a matter of law brier wrote brier was joined by chief. Justice john roberts and justices sonia yar elena kagan neal gorsuch and brett cavenaugh justices clarence thomas and alito descended and quote so this is huge huge news in terms of software and coding law basically. Api's to some degree are now fair. Use and therefore not copyright -able

Oracle Google Us Supreme Court Us Court Of Appeals Steven Brier Cnbc Sun Microsystems Brier Justice John Roberts Sonia Yar Elena Kagan Neal Gorsuch Brett Cavenaugh Clarence Thomas Alito
Good Friday Delays Market Reaction to March Employment Report

News, Traffic and Weather

01:14 min | Last month

Good Friday Delays Market Reaction to March Employment Report

"Good Friday holiday. But it is not completely quiet today, with the government releasing the March employment report. Of course, there won't be any market reaction to that until Monday. It is good Friday being the holiday, some questioning why the jobs report by the government is being released on a holiday. Well, the government follows a very strict schedule. It takes its household surveys during the week that contains the 12th of the month. And then it always releases the report on the third Friday following that week, so every few years it comes out on good Friday. According to Goldman Sachs chief economist Young Hotsy is it should paint a picture of an improving labor market? What seeing acceleration in the numbers as the economy reopens, and you can see it in some of the most covert affected sectors, and we'll also getting a boost from the tax free dates that went out a couple weeks ago. So all of that should really give us I think strongest growth rates of the year if consensus forecasts are correct the U. S economy and it's 675,000 nonfarm jobs last Ones. With the unemployment rate dropping from 6.2% down to 6%. However, some of the more optimistic forecasts are calling for job additions of one million or more. CNBC's Peter

Young Hotsy Government Goldman Sachs U. Cnbc
United Airlines hiring hundreds of pilots next month

News and Perspective with Taylor Van Cise

00:27 sec | Last month

United Airlines hiring hundreds of pilots next month

"Picking up United Airlines is apparently going more optimistic about business. Theo carrier today told its staff will soon begin hiring hundreds of pilots. That's according to CNBC, which cites an internal email at the Chicago based airline. Domestic airlines lost a total of $35 billion last year. But they expect a steady rise in bookings as more of the public gets Cove in 19 vaccinations and feels more comfortable about flying. That's your money now. Money News on Co. Mo A

Theo Carrier United Airlines Domestic Airlines Cnbc Chicago Money News On Co. Mo
Microsoft's Pentagon Deal Validates The AR Industry

Techmeme Ride Home

02:12 min | Last month

Microsoft's Pentagon Deal Validates The AR Industry

"News for the augmented reality industry. Maybe the biggest news in the history of this nascent. The military says microsoft will build one hundred and twenty thousand custom. Hololens headsets for the us army. Validation of the use case for a are in some very serious real world conditions. Yes but also look at how much this validates the hololens as a business microsoft says the contract could be worth up to twenty one point. Eight billion dollars over ten years. Think of all those years and billions of dollars spent on moon shots over at google and in one fell swoop. Microsoft has been like yeah. Hold our beer as brad sam's tweeted and just like the rnd costs for this product have been more than recovered and quote and something tells me if these things prove useful we could eventually see way more than one hundred and twenty thousand units ordered quoting cnbc. This deal follows a four hundred and eighty million dollar contracts microsoft received to give the army prototypes of the integrated visual system or es in two thousand eighteen. The new deal will involve providing production versions the standard issue. Helen's which cost thirty five hundred dollars enables people to see holograms overlaid over their actual environments and interact using hand and voice gestures in iva s. Prototype that a cnbc reporter trade out in two thousand nineteen display a map and a compass and had thermal imaging to reveal people in the dark. The system could also show the aim for a weapon. Quote the ivy a headset based on holland's and augmented by microsoft azure cloud services delivers a platform. That will keep soldiers safer and make them more effective. Alex kitman a technical fellow at microsoft and the person who introduced the helen's in two thousand fifteen wrote in a blog post quote. The program delivers enhanced situational awareness enabling information sharing and decision making in a variety of scenarios and quote. The headset enables soldiers to fight rehearse and train in one system. The army said in a statement. The contract which was awarded on friday has a five year base period where they five year option after that and army spokesperson told cnbc an email. The pentagon did not immediately respond to a request for

Microsoft Brad Sam Cnbc Us Army Alex Kitman Army Google Helen Holland Pentagon
"cnbc" Discussed on Squawk Pod

Squawk Pod

07:10 min | 11 months ago

"cnbc" Discussed on Squawk Pod

"On this year's list relative to last year's list well, we saw more fintech than ever. There were twelve intact companies five of which were focused just on payments. Of course we had stripe the number one spot, and also as we focus more on the trends that are accelerated by the pandemic. We saw healthcare and logistics, and then in terms of the underlying technology this year huge. On machine, learning and artificial intelligence more than half of the companies on the list said that they used either a I or or machine learning. Maybe a trickier question. What about the issue of diversity and I? Ask because there's been so much focus on the lack of diversity in silicon, Valley. So, how does this list stack up this year? Well, this list really reflects the lack of funding to black CEOS in Silicon Valley. There's not a single black CEO on this year's list. There were six female CEOS. CEOS eleven companies female CO founder, so we see the trends of the sort of lack of diversity in terms of funding in the BBC World really reflected here now just to put that in perspective here. Just three percent of VC funding goes to female CEOS and less than one percent to black CEO's if you dig a back further to try to understand what's. What's driving those trends? It's really enlarge part attributed to lack of diversity in C. Investors, sixty five percent of VC firms don't have a single single female investor in eighty percent of firms don't have a single black investor according to all rates and Black Sea, so really a a lot of questions happening right now about what can be done to improve the diversity. Diversity among the VC community, and also in the types of companies that get funded so there have been a number of announcements Andrew whether it's from Andriessen Horwitz a new and out today from the National Venture Capital Association trying to address those underlying issues. Okay Julia thanks for the list so much to to hear about also fix and hopefully when we. Hear about this list in next year, and the years years ahead those numbers will will move in the right direction I, spoke with Stripes Co founder and President John Collision yesterday afternoon in a rare and exclusive interview and sort out by asking him how he thinks about the state of the economy from his vantage, point has online payment processor for so many different internet businesses at a macro level. We're seeing what you would expect. which is a there has been a very sharp move from the offline economy to the online comedy, and that's being. You know very different on an industry by industry segments for some industries like say. Slowdown at least furniture best, and then there are some industries like say grocery delivery remotely, which are up quite abyss, and then if you look s, you know if you go into some of the more granular granular data it's. It's interesting what we're seeing one thing. We're seeing just a set of businesses that are seeing A. Very big spikes in demand on this is probably stuff you've already covered on the show, but you know companies like Zun, power and onset. They're seeing a twenty fold increase in demand, instant cars out that they've seen a three hundred percent increase in customer demand, so the services that we rely on sort of power, working remotely out or or living during horn teen. The those companies are seeing very major searched bats. That's one part of this thing we're seeing is. Is the creation of new businesses or businesses that previously traded solely off-line, starting to move online this being the push that caused that to be the case we're actually seeing in our stripe atlas data. We've seen a tripling in the number of incorporations, so five activists are incorporating a new business so tripling in the number of incorporations since this time last year, and so that's maybe both brand, new businesses or businesses starting to move online for the first time. And then lastly we're seeing at the enterprises rework, Rhys. We're seeing van starting to move much faster initiatives that were maybe planned for a long time or wants to get done, but. The the lockdown has really totally upended the urgency and partisan those things, and so we're working with companies like the Westfield to retail chain or at. At the restaurant test software platform to help them advance third their who've initiative, so those are the kinds of changes that our seeing just go back, though for a second, because you made reference in the idea of businesses, your your second group of of new businesses and question I ask you this from what you can tell. How much of that is. All. Businesses transitioning, and how much of that is new businesses that are developing new business models, and the like right here in the middle of this pandemic. Yeah, so we don't have the sub granular data to be able to say exactly for sure what the breakdown is, but we've seen a lot of both both at people taking time during this moment in time to build a convenient new business are competing new line of business. We've seen all manner of things at during the. During the lockdown, one of my favorites was on its. You probably need a haircut dot com, which does remotely guided haircuts for. Cutting their partners hair during lockdown at and that businesses obviously you know, the the the market for remotely guided haircuts is much larger than laws, and we're also seeing a huge amount of adaptation as from especially say retail businesses restaurants moving from at you know solely in person trading to ask starting to move online, doing delivery and things like that, so so we're seeing a mix, so your business to a large degree has benefited or been one of the beneficiaries of the pandemic, so to speak. Obviously, it's accelerated the business when you start to look at what that growth curve looks like. Though, how does it change? Is it pulling that business forward? Is this sustainable? When you start to look at what the next year or two looks like. HOW HAS IT changed? You're asking a very good set of questions at you know you'd be welcome, asked You know the the the meetings. We have internally stripe her. We're trying to find for these things. I think the honest answer is no knows right now. The long term effects are, and I think it's certainly the case that the stock market economy. You also can't extrapolate too much. I think from the changes. We've seen in this first three months. Months of the effects from is not going to be over anytime. Imminently I think we should reason about US quite a different state of affairs in one year's time or two years time at Van You know that maybe we see each day and the so we are trying to. As we think about running the strike business one. We're trying to be conservative and sensible in terms of how we run the business invest a huge part of the economy is relying on sprite to provide stable reliable services make the economy work and. And, so we're trying to make sure that we we're just there for the businesses that are on strike regardless of what happens the next year or two I think he's a pretty broad alchemist, I could happen there as part of Your Business. You've got an you've got an into the business of providing credit in some cases. How.

CEO Silicon Valley Black Sea US National Venture Capital Assoc founder and President CO founder Andriessen Horwitz Julia Stripes Co Zun Westfield Rhys van Andrew BBC John Collision
"cnbc" Discussed on Squawk Pod

Squawk Pod

02:15 min | 11 months ago

"cnbc" Discussed on Squawk Pod

"Joins us now with a look at who made it onto this year's list Julia. Good morning to you Andrew will this year list was drawn up for more than thirteen hundred nominees calculated based on a missed mix of quantitative and qualitative metrics with help from an advisory board of more than fifty leading academics from business schools around the world and this year we included an extra round of assessment to take into account each company's response to the pandemic. Here are the first five companies this year's disruptor fifty list. Number, five Clark the online payment company offers short-term credits to shoppers at more than two hundred thousand eight Taylor and has become one of Europe's largest banks if we can play a part in disrupting industry and actually drive margins down by giving consumers a better offer. Know that I. Think we've accomplished something great number four Corsair Sarah demand soared for this online learning pioneer when covid nineteen hit remote learning became the only opposite number, three indigo agriculture on a mission to fight climate change and secure the world's food supply. It's territory on initiative pays farmers to enrich their soil with carbon, and keep it out of the atmosphere, and then over time it's as farmers teams. Their practices were actually reducing their footprint. In fact, can even that around and make? Bombing Carbon positive starting to be part of this. Timber to coupon the Amazon of South Korea with the twists, including reusable packaging and dawn delivery its promise to deliver orders placed before midnight by seven am the next day. In number one stripe. If you're buying about anything, online stripe is likely helping with the payment. Partners range from Amazon to zoom video. World's highest valued Fintech company backed by all star Investors Pudding Andriessen, Horwitz Peter Thiel and Alon. must the company committed to remote work more than a year ago hiring over one hundred engineers with home as their home base, so it's been able to handle surging demand as all of its employees now work from home. This year's disruptor, fifty raise nearly seventy five billion dollars of massing a combined valuation more than two hundred and seventy.

Amazon Horwitz Peter Thiel Julia advisory board Andrew Fintech South Korea Corsair Europe Clark Taylor Alon.
"cnbc" Discussed on Squawk Pod

Squawk Pod

02:23 min | 11 months ago

"cnbc" Discussed on Squawk Pod

"Behavioral science question, which is you know we're all hoping for either a vaccine or therapeutic, and the question is that I'd have about a therapeutic is. What do you think the standard has to be what we have to get to? Until the public would say to themselves, you know what I know. There's not a vaccine out there, but if I get sick and I take this therapeutic or or or drug is available that either prevents me from going to the hospital. War absolutely prevents me from Dine. What do you think the stats have to look like from a public policy perspective for that to instill the kind of confidence? You'd want people to walk around. And come back into the economy and hopefully not have to wear masks. Do all the things we WANNA do. I think we'd have to reduce this to something closer to them. What the mortality we see with the flu for people to feel more comfortable you. We're going to be doing a lot better job. If we do have a resurgence in the fall, we're going to do a much better job or preserving life first of all older people people. Who are you know compromise? We're GONNA do a better job of protecting themselves so already seeing more of the people who are getting infected or younger people. We've learned to end CRAG patients, which is having. Having a big impact on outcomes that this drug was the the this disease causing blood clots. You know we do have him. Deaths available would probably gonNA. Have One more antibodies directly acting antibodies available. Now it appears that steroids can be used in the setting of of critical care to reduce morbidity mortality potentially in the ICU. We need to understand more about this finding, so you're gonNA see the death rate. Come down even in a second wave as long as we preserve the healthcare system and the health system itself doesn't become. Can still deliver care to people all right. WanNa. Thank you Dr Gotlib thank. Paraly- well. Coming up on SQUAWK POD CNBC's annual disruptors, fifty list the companies, pushing their industries forward and challenging legacy brands to keep up payment platform stripe has snagged a spot on the list for six of the last eight years. The CEO how he plans to stay on top we are still dissatisfied with the functionality in be stripe forms. Moments we see five hundred sixty internet users coming online in places in the United States and Western. Europe we want to be able to serve those fats after this. This CNBC podcast is sponsored by capital group home of American funds. Nearly Ninety years of experience helps you.

CNBC WanNa flu Dine United States CEO Dr Gotlib Europe
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

02:13 min | 1 year ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"Of definitely when checking today. Yeah Yeah I would. I would stay away tonight and we love you but yeah I got better ratio though more reaching favorite time what what should be the penalty according to Jorges Sodano. Who's out here with this lonely? Take that all of us are afraid. Yeah I don't know why you're so afraid of it. I mean the facts there. They told him what he needed to do. And they all what they needed to do and he was still a responsible Yeah I would suspend him. I would spend it for two or whatever it is depending on whatever they come back you know I. I don't know how how long these conversations with wind but I know they had the conversations with these guys about this numerous times so I was suspended for a game or two plus thing to suspend for the rest of his career. That's not that's not the take I feel like that's the expect. You guys are taking this to do we do. We suspend him if Donovan Mitchell somehow gave it to him. I still think he was the responsible one. I think it's one thing to knowingly transmit this. It's another actually level. Act irresponsibly like he did. I think that's just a completely different scenario George good talking to you. God bless you and God bless you. I love you guys ready for that Mitchell question. Geez AH was how could you be my God? Let me start so Billy I appreciate you getting in there and living the anger mom. It's not an angry mob. But that's just classic laboratory misinformation. Today I think billy was surprised that I didn't run with that tape before. Sodano did he wasn't angry about it. He was a prize. I didn't run with the taste. If I'm afraid of its eighth and know what you go there all the cancellations are just pouring in right now on the ticker everything it. Just everything's good. Everything's going to be cancelled seems Students I'm golf. You may know that I play the straight man around here. I'm not actually afraid of the Sodano. Take you're afraid of anything serious. This is not a shocking thing that he said. Co Bear should be suspended for a game or two..

Donovan Mitchell Jorges Sodano Billy Sodano George
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

01:52 min | 1 year ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"SEC. Tournament has now been canceled as well. Also I feel like the warriors have out of it at this point on naked solid. Totally right I believe in your conspiracy theory that the NBA purposely You know infected rudy. Gobert so all of this would happen so Jorges Sodano is with us and he says go bear should be suspended sodano. Nobody here wants anywhere near this position. That you're taking everybody is backing away. Go ahead and argue your position and thank you for making time for Sir you you got it. Here's the deal. I've talked to multiple teams over the last couple of weeks. While this stuff has been you know becoming a bigger issue right as as it's gone on throughout the world and every team has had a meeting with the League and has had an internal meeting on how to handle the situation and the first thing they tell you if you feel sick. Don't go touching people. Don't go touching people's stuff make sure you tell us right away all these things and yet he still feels like a joke. Look Man I get it if he wasn't informed right but if you just watch the news let alone. The fact you're on League has taken precautions on this and the individual teams. I've taken precaution on this. You're just being irresponsible at at the very least you're being naive but at the worst you're being totally reckless in a responsible and if I'm at silver up I go dude. Look we told you multiple times on how to handle this stuff and you thought this was a joke. How about the three reporters who were there? the other day who. He touched all their stuff. Like those people need to feel like they gotta self quarantine they were talking about it on social media yesterday to like. I feel bad for anyone. Who came in contact with him unknowingly in those situations if he felt he needed to know better because he was told to know better. What's The tweeted this out? So what's the response been to your tweet? I think for the most part. It's been positive I don't know I don't check mentioned all that much. A couple.

Jorges Sodano League NBA
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

04:51 min | 1 year ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"It is brought to you by straight talk wireless gear. Mo- put it on. The poll. Did Not get real until Tom. Hanks got it because I feel like that's what happened. I feel like you're sitting there yesterday. As ASSAN WHITESIDE IS WANDERING AROUND. Lysol his entire apartment and himself on social media Devon Booker streaming himself live online playing video games and he learns about. Go Bear and Tom. Hanks and just complete shock washes over him and I don't believe that was go bare related. I believe that was Tom. Hanks related. I believe that this did not get America's attention until it got Tom Hanks's medical attention. I can tell you my own house. It did not get my wife's attention until Tom. Hanks was diagnosed with corona virus. Like she was not taking this thing seriously. And it's the flu. Yeah and then Tom Hanks got it and he signed his tweet signed off. Hanks and my wife is like this is serious. That's his signature. I know I said why because of the sign off. She said yeah he'd even have time to put his first name on there so he's hang. I know that's what I was trying to tell her ex. He started with. Hey folks what a way to start. That's just how I imagined is modern day. Mr Rogers I mean. There's a reason that he played that there are very few people as likable. That's hard to do what Tom Hanks is done to. Just be in the public eye for that long. Have a marriage that looks super solid. Have none of the Hollywood stuff Stick to you in any way Tom. Hanks has led a charmed charmed public existence. He started at. Hey folks because you knew the gravity of the situation. He knew what informing America that Tom. Hanks has corona virus would mean to us and he took the appropriate tax. So this is what's happening last night. Okay and I know I already ruined mass singer for some of you but As the address is happening with the president of the United States you've got Sarah Palin doing baby got back on the mass singer dressed as a bear as the NBA season is also being cancelled and Rudy Gobert infecting Donovan. Mitchell and now Jorges. Sodano is out here. He's the first one out here with sports. Take he's saying the NBA should suspend should suspend bear. God bless the Donna I thought for sure STU gods would stay out this position. That's not even a position. I WANNA stay yes. We should pause on all go. Bare takes and if it makes him feel any better technically is suspended because the season is billy billy. What did you think when you saw? Sodano saying it's not unreasonable. What he's saying go bear did something that looks so bad that it is the kind of behavior you suspend people for. I just feel like the shame and the indignity of what Ghobeire is through right now is plenty enough. Punish PLUS. He has the virus. Got It from someone you know like. We don't know where he got. He didn't travel abroad. That's not where he got it from and he's in the locker room with someone else. It has it. We just know that Rudy tested positive. I know but he's talking about suspending him for what he did. Well and the and the and the recorders because go bear made a point. I've seen it a thousand times on. Espn already today. He made a point in a conversation about the corona virus. All of the reporters equipment was in front of him before leaving the room. He made a point to touch all of it like Haha bleep off. I'm not scared of this. And now he has it and Donovan. Mitchell has it according to Wo- Jr and God knows who else has the last five teams. The jazz played have been personally quarantine now because they've come into contact with the UTA jet a referee who who ref they. Utah game recently has also there for last night's game yes? He's been born in Queens signers. Looks like he has it. That is straight talk. It is brought to you by straight talk wireless everything for less only at Walmart in times of national crisis. A soothing voice is needed. We are not that voice. We bring you that voice however next. Tom Rinaldi brings US peace. Oh and the dulcet sounds of soothing. Neck Donlevatar I would absolutely take down my own school as a journalist if I find out that there was financial aid problems. We getting not hiding that story. I totally leverage that information for money. Felony Blackmail stugatz. He's got to be the only radio personality in America. Who FREELY ADMITS? Yeah I'd no that's good. You got the goes. All the other spots have been taken. He's like serving the landscape on. Where can I plant my flag? I got this right. Nobody else wants this. Why is there no one here? Wow this looks like such a great land..

Tom Hanks Tom America Sodano Tom Rinaldi Rudy Gobert United States Mitchell flu Mo Mr Rogers Devon Booker NBA Donovan billy billy Sarah Palin Walmart Espn president
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

02:05 min | 1 year ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"Courtesy of Corona virus is going to Kinda like level things out a little bit and I think sports is no different death. Business entered a sector. That's won't feel a little bit of pain so that they can get corrected and you WanNa talk about a league that had to go through it the NBA is going to suffer the most out of this because listen no disrespect with you know. The hits hits China comment and then obviously this virus if you look over with originated. This is going to hurt them. This is going to hurt the business. This is going to spend a whole. You don't see them trying to cancel the season trying to still keep it because it's affecting their salary. Don't forget that basketball is tied to salary. Cap percentages when the salary cap goes down. Guys lose money so I don't think he's only referred to that and he's also referred to the fact that this is going to change the economics of the business and players cannot get it position to complain at that point because this is elected bargain. This is what you get into. When you tie your salary and through the lease operation this is what you get into in basketball related income. You WanNa tell your salary for that. Then that means that more related income suckers for either unforeseen circumstances like this you suffer too and this is what they agreed to and so listen I wanNA come to the NBA get really hit hard by his. And if not only affects it was what happened previously? Whenever Adams always said we're GONNA lose maybe up to four hundred million hours so impacted taking over in China. They need to take any more impact on their home turf. And that's what they're trying to avoid. Would I busted before? It hasn't got to that point where you cancel the season but at that point where you start to worry you start to understand that the economics can be affected. Not only for the players for the workforce. Your energy was fantastic. And there's the dismount right there. The little people anybody remember about the little people. Because I'm a little guy I know that's boring. Forget about the little people. I don't care how big I'd get. Cnbc IF I see that big I'm still a little come from my mom and dad is doing north Philly Core so I'm not GonNa ever forget about the little people so we have to have me on your show again. You always remember. I'm always.

NBA China basketball Cnbc Philly Adams
"cnbc" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

03:26 min | 1 year ago

"cnbc" Discussed on Newsradio 970 WFLA

"CNBC Phil lebeau he was asking whether the drop was reminiscent of the former dips in demand by the two thousand three sars outbreak or September eleventh and the CEO of Southwest Airlines said that it was more like nine eleven the CEO of southwest said it has a nine eleven feel that's how much bookings are down on southwest Hey you know it's got to be the same for American United and delta and those airlines have even more exposure with their support their international routes you know southwest does what that I think southwest does Mexico and and it was but some some closer international but the C. yourself where said that he thought the dip in bookings was an over reaction but that southwest is financially prepared to handle the fallout but that demand it gives you chills you are here I'm talking about scuba diving in the caymans and how we went on I remember we went to the caymans in December of two thousand one and it was a ghost town these people were still reeling after nine eleven that was December of course nine eleven happened in last September and it was the rest the September October November and we went Christmas time and it was a ghost town as people were it was still just shocked and we're not traveling internationally we did enter here this comparison to nine eleven in the drop off the airlines faced it just sends a shiver down your spine eight hundred eight zero one eighty nine ninety nine the nationwide number I'd love to hear from you have you cancel any trips the other day trips coming up how about business trips are you a business traveler have York what we're seeing conventions and meetings of all over the place had been canceled I saw that the the ace hardware convention was canceled because the corona fears sell all the ace hardware dealers from around the country I love to grab your calls on this are you fearful of going on vacation have you had vacations canceled have you had business travel cancel if you want to weigh a love to hear your stories eight hundred eight zero one eighty nine ninety nine I'm telling you right now that I'm planning to fly in a little over a week's time folks with the family and then I've got travel coming up in April several times and I've got air travel schedule for may coming up I love to hear from you eight hundred eight zero one eighty nine ninety nine the CDC scare why did trump plan to go to the CDC that it was canceled now back to the CDC and the president is at the CDC as we speak all of that coming up on my phone news radio WFLA and now another addition of obvious news from geico experts now say that wearing more clothes in the winter will in fact help you be warmer we asked called victim Trent Patterson about this and here's what he said that was the weirdest thing I I was a little cold put on a sweater then wasn't called.

Phil lebeau CNBC
"cnbc" Discussed on The Peter Schiff Show Podcast

The Peter Schiff Show Podcast

12:52 min | 1 year ago

"cnbc" Discussed on The Peter Schiff Show Podcast

"Cnbc WHO's touting stocks and bonds he could say all. These central bankers are making mistakes. They've all got it wrong. They're destroying the currencies. We're GONNA have massive inflation. The dollar is going to collapse. These other currencies are going to collapse and he gets away with it but not only is he not challenged on the validity of his forecast. But these guys aren't even questioning his partiality like they do with me. I mean not. Everybody does it but a lot of guys on. Cnbc have accused me of basically lying of talking my buck. They'll say Peter. You're only saying these ridiculous things. You couldn't possibly believe this. You're just trying to sell goal right. You're just coming on here trying to get people to buy gold even though you know. I'm trying to get people to invest in a lot of things not just gold but yes. I talked about goal because nobody else was and I think people should own it and by the way it's up better than sixty percent in the last four years it's up six and a half percent so far. This year is beating the stock market. So why shouldn't people own gold? But I've always been accused of well. You're just trying to get people to buy gold so you can make a sale because you're selling goal so you're saying all this stuff just to convince people to buy gold. Well why don't they say that to the Bitcoin guys? Why didn't anybody on fast money? Say Hey mark you soco. Don't you manage crypto funds? Aren't you just trying to sell crypto? Don't you have a vested interest in people buying Bitcoin? Isn't that why you're on here saying all this stuff right? Don't you need it to go up because in the case of this guy it's actually a true thing because first of all when it comes to goal no matter what I say. I can't affect the price of gold but I can go on. Cnbc every day and say by goal by gold. And it's going to have no effect on. The price is a huge liquid market. Nothing that I could do could influence the price but you go on. Cnbc and you say by Bitcoin by Bitcoin is going way up. That actually can influence the market. It's a thin enough market that that type of media coverage touting it can actually make the price of bitcoin go up but of course when you're involved in bitcoin right. Bitcoin and I've used the word Ponzi scheme. Sometimes to describe it but what it's really more like is a pyramid scheme than a Ponzi Scheme. And the difference. Between a pure minute ponzi scheme kushner subtle oposite scheme is when you have one guy right. That's perpetuating a fraud. He's selling the thing and he knows it's a scam. But he doesn't tell the investors but appeared scheme. It's not just one guy. It's everybody who buys it. Who BUYS INTO IT MAKES MONEY BY convincing others to buy it too so that they can sell what they bought at a higher price. So there's no one person that is just scamming everybody ponzi style. It basically takes on the dynamic of pyramid but when you are involved in a pyramid yes. You've got to get on television if you can and convince people to buy what you already own so the price will go up. I never have to do that with the price of gold. I mean the price of gold has real demand out. There doesn't matter if I get anybody to buy it or not. It's going to be bought. It's going to be bought by central banks as a reserve asset. It's going to be bought by the jewelry. Industry is going to be aerospace and medicine and consumer electronics people are going to buy gold regardless of what I say. That's not true for Bitcoin. You'VE GOT TO GET PEOPLE OUT THERE. Pumping it trying to convince people that the price is going to go up so by it but me. Why when you get this guy coming on. Cnbc and he say all this stuff nobody challenges. Nobody pushes back the way they would. If it were me and I was saying the exact same things except I was saying you should buy goal but this guy can say all the things that I used to say about why. You should buy gold but applied to bitcoin and he gets nothing but respect. Everybody's okay right but meanwhile bitcoin is a complete scam as far as being a store of value or a safe haven or any type of monetary asset. There should be a lot more skepticism. When you're interviewing a guy promoting bitcoin than a guy like me who simply telling people to buy gold and in fact one of the things that this guy said is that he was encouraging people not only to buy bitcoin. He said go out and buy some bitcoin. Keep Stacking Saito. She's just by by it but then he said take some of your bitcoin and send it into my fund and I'll pay you an eight percent interest on your bitcoin. Now how the hell can you pay anybody eight percent interest on Bitcoin? I mean obviously what you're making. Bitcoin denominated loans. I mean how you pay eight percent banks aren't even paying one percent and you're gonNA pay an eight percent interest on bitcoin deposit. Obviously that is a massive red flag. They're taking some tremendous risk with those bitcoins if they can give you an eight percent return for simply depositing them in their fund I mean. Maybe they're running some kind of Ponzi scheme with those bitcoin. So it's basically a pyramid at a Pasi rolled into one now. I don't know I have no idea. But when anybody promises eight percent yield audit deposit you know that they have to take a lot of risk especially in a low rate environment to pay that kind of yield so who knows but able to tout that too and again nobody questions him no pushback. He just has the seven minutes to tout bitcoin. But no coverage at all really to what's happening with the price of gold. No that's that's happening in complete darkness. Why they have all this light shining on. Bitcoin you know with all of the free and constant publicity that CNBC has been giving to bitcoin. It's amazing that the price isn't even higher. I mean that shows you how many people are dumping their bitcoin behind the scenes they're using CNBC as a way to get out. Right they're pumping and dumping. Cnbc does the pumping and the whales. Do the dumping. In fact one of the things this guy was talking about as big catalyst for why the price of Bitcoin is going to go way. Up is the having. And if you don't know what the having is it's going to happen. I think may twelfth or maybe. That's not the exact date. I'm trying to remember but what happens is the reward for mining gets cut in half so that means. The miners aren't going to get as much bitcoin for mining and so therefore the supply of bitcoins after the having is going to grow more slowly than it has been growing every four years. They have again and so the last time there was a having. I guess there was a big rally at some point after it. And so what everybody's been saying is oh the next time we have a having. The price of. Bitcoin is going to skyrocket. Because there's going to be less supply first of all. There's not going to be less applied. There's going to be more supply. The only thing that's going to change is the supply will grow more slowly after the having that it was before the having but the supply is still going to get bigger not smaller but the key is what happens to demand because what if demand goes down. Well then the price can plunge everybody's just assuming that there's going to be some kind of supply shock after the having and everybody's been loading up on Bitcoin in advance to the having because they all want to own it. Would it have because everybody expects price to surge except there's the problem if everybody knows that having is coming and everybody is convinced that after the having the price is going to go way up well nobody is going to wait to buy after the having they're gonNA buy now they WANNA be loaded up? They WANNA already own their bitcoin so that they can own it when it goes up after the having which means once we get the having. You don't have a bunch of people looking to buy. You have a bunch of people who already bought looking to sell. It's a classic by the rumor. Sell the fact so everybody who thinks that having is going to be a huge catalyst for the price going up there dead wrong is going to be a catalyst for the price going down. In fact price will probably start going down before the having and then go down even more after the having because everybody who wants to buy because of the having well they've already bought and so really is going to be an opportunity for people to sell and cash in on the event that they'd been anticipating for such a long time. Meanwhile though I want to circle back to the two thousand dollars city forecast for the price of gold because I can't really emphasize how big a call this is and what this likely means because these institutions realize what's going to happen and for all the people talking about all the institutional money that's moving into bitcoin. No institutional money is in fact moving into bitcoin but money is moving into goal. Look at the. Atf's now have a record amount of gold in storage so there has been some big buying and obviously if these banks are starting to increase their price targets for the price of goal there accumulating for their own accounts. And they're also accumulating gold stocks. That's probably why you haven't seen a major push yet from the larger gold banks to recommend gold stocks because they want to buy them themselves. They don't want to recommend until their clients until they've loaded up on their own position. So I do think that as an institution start to appreciate this bull market once they have positioned themselves to profit from it. Then they'll let their clients in on the action right. They'll let them get a little taste. Once they saturated their own appetites but see I want my clients in now. I don't want to wait for that. I mean I've been encouraging people for years to front run the big institutions to buy gold to buy these gold stocks. In fact the more I think about it to mean gold itself is the perfect hedge for people that are in the stock market and very few people who are in the stock market have any hedges they might as well introduce gold because the reason is such a great hedge is number one if the market crashes goals going up I mean just look at it on look at the correlation anytime you see the market going down. Chances are if you just look at. The stock market and at the stock market is down especially bits down big. You can pretty much guess. That gold is up. 'cause generally goes up when the stock market goes down but it also can go up. The stock market goes up so if the stock market's going to crash which is something you should be concerned about. If you've got a lot of money in the stock market goals going to go way up and stock market crashes so you should have some gold as an insurance policy so you have something that will go up when the rest of your portfolio goes down. But here's the flip side. The only way to stop the stock market from crashing is for the Central Bank or the Federal Reserve here to print more money cut rates. Do qe and that is actually better for gold. Then the stock market going down in fact that is more bullish for gold than it is for stocks. So what are two things are going to happen the US Stock? Market's going way down and your gold is going to go up or the feds. GonNa print so much money to prevent the US stock market from going down that the US stock market will go up but under that scenario your gold will go up even more so it should make money either way. Stocks go down you make money and gold stocks go up you make more money in gold so everybody should have it and soon everybody will but before they do you need to load up and again physical goal by SOM- shift all this by gold competency we will get you the best gold at the lowest markup you know go to our website and if you WanNa take a little bit more risk for a little more upside by some silver physical silver. We have yet to make a big move. Look we're going to have an explosive move one of these days it'll be up two dollars three dollars five dollars in one day. Don't wait for that day. A lot of people will and they'll buy after that day by before it because we know it's common you know we're going to see gold up one hundred dollars two hundred dollars in one day. Don't buy after. That happens by before that happens. You know I.

Bitcoin Cnbc Ponzi Scheme Ponzi scheme CNBC US Federal Reserve Atf fraud
"cnbc" Discussed on Techmeme Ride Home

Techmeme Ride Home

11:17 min | 1 year ago

"cnbc" Discussed on Techmeme Ride Home

"Thanks for coming to talk to us again again. Thanks for having me so when we spoke a year ago we talked a lot about things like wearables and a I in in health tech and I kinda hate to start off with one of those one of these sort of broad questions right off the bat but did those a lot of those trends bear out over the course of the year because I kinda stopped hearing about a lot like what the what were some of the biggest stories that we saw over the last year the things that you found yourself writing about over and over again. It's a really good question than you know an important times. Kind of look sock as we get your new decade Cranky So you know putting I think at the beginning of the year a lot of our talking about I am she money and kind of bringing me to Barron and health but one of the things music that you need when you're trying to do this kind of work is a massive amount of data And so we saw a lot of deals get done trivia. Ah between health systems that have that information typically before a patient records and the tech companies like. I'm GONNA do Google. You know someone would be surprised to hear that the second second off of the Yay the big story was privacy because I think you know consumers where it lodge kind kind of got the taste For for what it really means to you know. Give information without consent and we got some really interesting in discussions about what it means to be. The bad side According to kind of privacy rules and regulations and think thing as being honest and it turns out fourth forth. That isn't so now. There's there's a lot of talk about potentially revising the privacy policies with new age that we're living in Ah The tech. Companies are at the center of that. Well you know. It's it's almost as if you were reading my notes because I want to talk about all these. Let me back up for a second. Let's start start with the with the whole idea of the tech companies and getting into the state and stuff like that. I mean for thirty years. We've been hearing that you know. This is the next frontier for tax. That we're going to make everything more efficient and digitize everything but like especially Google's like project nightingale to some degree. I wonder if you know if if it's what I just said that this is something that tech is always wanted to get into. Is there something that has changed that it now like someone like Google has gotten so much. Religion is it that they Have built up all this cloud infrastructure. Now they need to show something for that. Yeah yeah I mean for Google being of the three in cloud off the myself. So I'm going. You think that they would be areas like house which I think compatib- pads of the sexes instead of relatively untucked by the crowd providers and it's a huge industry There's still a bunch of crossing that you can you. You can sell on kind of migrating to the cloud which made then I think. The other way they've they want US differentiate themselves by saying that that's a machine learning adding that they can build these cool applications on on top of the of these health systems and health care costs in this data set off. Ah The the pitch but then you know the the drawback is that nobody really trust Google and I. They tried to do what is essentially kind of some of the same banks that health check fees owing done They're not doing anything new hair and project Nightingale Kinda fully very long tradition of things. So it's agreement agreement being made between help companies. Nothing you can do about it. Maybe that's what I'm asking like. How House just from your perspective? How serious do you think this is? Is this something new or is this as you're saying just something that we've been hearing for years and years. How serious do you think someone like? Google is about getting into the sort of health data stuff with both feet. I mean I think it's I You know it's they are definitely serious about getting into space and and you see them kind of higher help people in the past year including Somebody could David Find Bucks an elitist that division in health that they are serious about doing something states and and you know project banking Gail. I think go that reaction because Google But I recently tweeted out this whole threat of of just kind have similar things that have been done between healthcare companies. Is that really. Don't particularly care about because it's not Google But you you know. For instance if you look at the de identified data that that project Nightingale Impact was collecting Got Involved know that shad between ascension unhealthy stem and Google diesel typically would happen all the time in health. I mean if if if patient dated for flow freely like dog. Now well I mean I. I thought that the industry would basically trying to reaching hold that of sorry. The tricky part of it the Vikings. But it's legal okay. I want to dive into that. You just you had a recent tweet thread where you kind of outlined all the ways that healthcare companies have are already and have for years been taking advantage of your data or there's already like Brokers selling your health date in the same way that you know you can buy five my browsing history or my location history and stuff like that so this is that isn't new. What is new is that now? There's this market to sell to the big tech companies as what. Yeah yeah absolutely. I mean you know one of the craziest got statistics. I've had which you know seems to be true? I don't know how much access you you have your health information or use a no way. You're you know blood test results or actually imaging is most people don't have access to that. turns out your ten times more likely to have that information be hacked to review it more likely to have my health information be hacked into action. I'm talking with my own eyes. More likely head. Find more likely That's that's like the piece of it illegal for the piece of it. The legal is that they're also danger. Burqas these companies that just by this information from houses jumped and sell it to farmers for marketing purposes which is you know another way which your data is being advocated and and my bridged Without you ever really had access to it yourself. What about about we've seen all these stories about These genetic testing companies. And you know it's not only crimes are being soft stuff. But there's there's I think like twenty three and me cut some sort of deal with drug maker to mine. Customer data so is is that something that's new on the horizon to that you're twenty three and me. He's not just making two hundred dollars or whatever off the kit they're also going to be selling this data down the road. I mean. Isn't that kind of it's like it's sort of a brilliant lead Gary Business Model that you could charge people these tests and then also once you have that information and of course you have to get consent. Ah But somebody says yes you can have a business model the other side of it by by aggregating in time so many Shannon selling it some of your customers they think for twenty me. That's it's kind of the facade wheel of this which is that they can become a drug makers themselves which they are trying to do. Yeah they they have a whole Therapeutics Knicks on so they. They're trying to use some of this information so that they can develop drugs And for that reason better definitely cold among patient advocates. That I talk to you to see if there's a way to compensate patients like imagine if you had something really really cool about your genome and that led you. Some great discovery agreed that if a bunch of drugs may cause you know we're able to monetize why would you ultimately that. Is that work at some kind of payment from the. That's what I think the Guy I've been going on and on about that about all of our data how come but even even forget about if they if they make some sort of cool new drug based off of my medical history whenever but it's still my medical history that they're selling so wait butts back the second so this is all legal even though we have things like hip and and and all those sorts of laws is it legal because it can be de identified or unauthorized. Yeah it's it's It's hard to find. So Oh anonymous. Data An let's declare like Hitler doesn't you say you give your your health information to think like that's helpful. Wouldn't even cover that. It's really just cases where some kind of help cats evita sharing visa to a business associate so that Mike Yeah health system sharing information with the company like people that would be helpful. But it's not all stockings. Does that involve any sharing of health information and under have but basically the okay to four to share what the state of it is considered de identified But there are a couple ways. Is that just fine. She identified but I think that's the piece of it where people are saying hippies an update because these days he couldn't you know take jake very slight walnut information. Even when it's been de identified and find a way to correlate that some other information say like you know if you knew you a person's location or whether going every day and then you might be able to figure out alternate thing so you know that's kind of an interesting thing that wasn't when it was when it was the mole was full wasn't ready considering And then you can also shy some things that is protected under Hecker inform an agreement and sign. What's called a being a business agreement that allows for some sharing of information from the puppets of say research or for company Building a tool for health system. But they're not supposed to then turn that into a commercial business. Let's go to another health system. It's kind of complex. But that's sort of how generally how the framework of ready tell that they're that mutation is there. Is there a difference between de identified an anonymous or are they essentially the same thing. the So so they are not saying saying we couldn't you know what the de identified it's It under HICFA. It's because you've taken stripped it of certain kinds of information that Hitler would say or identifying or under habits like untying met that requirement or you've hired a statistician Sousse agreed that it's the sufficiently de identified but nowadays people there there's been studies show that even the identified as that can be traced back to an individual so it is definitely not the same thing.

Google Hitler Barron US Vikings David Nightingale Impact Knicks Nightingale Hecker jake Gary Business Model Shannon Sousse Mike
"cnbc" Discussed on Squawk Pod

Squawk Pod

08:53 min | 1 year ago

"cnbc" Discussed on Squawk Pod

"Bringing show musically this squawk the daily podcast brought to you by the team behind squawk box control to CNBC's essential morning show every day. Get the best stories debate and analysis from the biggest names in business and politics are today a behind the sound special at the delivering Alpha Summit. We should be calm that we have a lot of people out of the Super Bowl Tech investor. Glenn Captures says going public is going bust the IPO's are happening in the private market investing impact the guy who runs an office as witches the Rockefeller because it is the rockefellers Raj Shah. It used to be the case that ninety percent of American children could do better than their parents today. It's less than fifty percent and former White House insiders insiders. Steve Bannon takes on China. This is an economic war that Beijing has run against the West for twenty years today delivering Alpha. I'm CNBC producer Katie creamer. It's Thursday September nineteenth. Twenty nineteen squawk pod begins right now spend becky by in three one good morning everybody the squawk box here on CNBC. We are live from the ninth annual delivering Alpha Investor Summit in New York City. We are at the Pierre. It's beautiful things are happening. We're ready ready to go fifth avenue. I think part of Manhattan Vernon Andrew Ross Sorkin the delivering bring Alpha Summit in New York is nine years running in partnership with institutional investor. CNBC's biggest event and Wall Street knows it investors Carl Icahn Bill Ackman Hedge Fund leaders ars and Treasury secretaries and vice presidents are among the growing guest-list today's podcast brings you behind the velvet ropes literally at New York's Pierre Hotel throughout this episode. You'll hear the steady buzz of guests arriving at the ballroom directly behind squawk set. That's where we deliver the Alpha by the way Alpha is kind of the holy grail of investing. It's achieving returns way above expectation above your benchmarks and it's why everyone's here squawk box production assistant angelique on set with our anchors every day and this morning is no exception This is Andre Syndrome. I'm here at delivering Alpha am sitting in the control room. You'll hear from her throughout the pot. Some speakers joined squawk box and our first guest just as Glenn Capture. He's the founder of St Capital which has holdings in most of the big stocks that you keep hearing about Disney Netflix slap Lubar lift lift pinterest even Amazon but as technology investor he's looking at every sector because tech has taken it all of here's his interview joining us right now to doc stocks. IPO's and tech investing is Glenn Cater is founder and CEO Light Streak capital and I guess let's just start from the perspective of how much money is is sloshing around out there right now because of the Fed's policies more easy easy monetary policy means more money is going to be there and what does that mean for the for the IPO Keo Market and markets where you play sure well. I think we're a kind of a turning point for the IPO market serving the last several years. It's been so much capital. both from private players and public players going into these late stage financing's so that by the time these companies want to go public. They don't really need anymore capital. They've stayed park private three or four more years longer than typical and there's a real movement going on in Silicon Valley ground swell of investors investors that are saying. We don't need to take further dilution. IPO But we've seen companies like spotify companies like slack slack was break-even on on almost break even in the most recent court and business going very well. They don't need outside capital. They don't need further dilution. We should point you have had holdings in Uber Lift Pinterest and in slack. Those are the ones that you've been involved then pitcher. Ston didn't capital either. What do you think about private valuations anyway shins versus public valuations and the idea that transparency in the public market has demonstrated at least to some degree. You think that the public market is a better a the better way to value things that there's actually something wrong in the private market and I think this is especially important because actually now there are public investors meeting Blackstone T. He reprised a black a black black rock to price some of the big public investors that are now in these private vehicles sure. I mean more supply of capital and drives up prices so we've seen valuations done in private companies that we hadn't seen before ten five or ten years ago so I think there's an adjustment. I I think what's happening really is that the fios are happening in the private market. That's that's where. IPO's are actually happening. They're just they're just a select group would investors that are doing them and then the public. IPO is separate and you know. I think the public markets public market investor are pretty good arbiters of valuing. You just have to hold up over time and that's GONNA come down to the fundamentals of the company. So that's what markets you know. Open outcry markets that we live in public mark investors do so you know let the markets do their do their function. Does it feel to you that there's any sort of a tipping point or any sort of a turn turn instead in terms of out willing the retail markets are to take some of these new deals. You've seen some recent listings that haven't done in well. You've also seen we work looked like it may not ever come to market. We'll see but does that feel like a turning point to you. I think those are two pretty separate things. you know we've also had general stock market where there's been some questions about whether we what's happening with this value growth rotation and that's obviously obviously not good for high growth companies. which typically is what we see? Come out of Silicon Valley Venture back competence so we work. I think what there's a company that I think there's plenty said about some of the behaviors some of the policies and frankly the business model there. I don't really consider we worked with a technology right. They were coddling some software technology to put a technology veneer on the business but there's nothing there that really gives you the pulling efficiency technology companies that real sharing economy companies like Uber and lift it still requires capital expenditures not like other tech company. It's not just capital expenditures when you and I take a lift or Uber. That's that's a that's a property or an asset. That's been used ten twenty times a day by different users when you rent a cubicle at work or three or four cubicles for your startup. There's no one else is using that those those square feet all day so there's really no cooling efficiency there. Do you have concerns about Uber and lift given some of the regulatory advances does that we've seen not only in California but here in New York City other places where it may make it tougher for there to be key for those companies to turn a profit anytime soon. They've you've gotta live by the rules that are you know that our legislators bring to the table and there will be new ones and we'll see how that works out. I mean I think it with a B five the new legislation California if if that transition occurs for some percentage of drivers it gives Buber souverain lift the opportunity to to both require their drivers to do things they weren't able to require meaning work certain hours certain locations and also restrict them. I'm from working for the competition which reduce churn of drivers which is a major cost to both those companies so I think there's two sides to some some of the opportunity we need to have a certain percentage of your employees be or certain percentage of your drivers to be employees so we'll see how that works out. I think the core attractiveness of those stocks is the benign pricing environment in the US this duopoly business that sure there's a few small competitors in various cities but ridesharing it's largely a two player business or market in the United States and we see pricing go up dramatically lift which only does business in ridesharing they don't have a food delivery business and they don't operate outside of the US and and and and Canada they. I think you're going to see their their fundamental student really really well very quickly so we've got a big position Glenmont. Thank you for your time today. It's good to see you up next on Squawk pod former White House strategist Steve Bannon. He says the trump administration is battle ready against China in this economic war. The trade is just one part of it. We have a currency part right. We have technology part we have a we have a capital markets.

New York City CNBC Alpha Steve Bannon White House Alpha Summit China California United States Beijing Glenn Captures Vernon Andrew Ross Sorkin Raj Shah
"cnbc" Discussed on The Crypto Street Podcast

The Crypto Street Podcast

04:42 min | 2 years ago

"cnbc" Discussed on The Crypto Street Podcast

"Investment advice from them than you're doing yourself with the service because it's enter taint and it's most opposite, were they're not accurate necessarily. They're all really get his ties on there with mullets. This is not like comedy central, stay pot to like, I don't know what of course, Nigerian who has a little league dead eye ponytail gift. It was tight one. Anyone. The just remember one day I switched on was what she was just own annoy staring, tweet, talk when one of them and one of them had mile at one of them how to Jeddah. I point. He was one of them was renting cowboy boots. The chain touched to drought is like. The guys that you these guys, they, she out raw, these guys, these guys, like really, I mean, because you've got like a Ron, Ron, knowing where. And heap a CNBC CNBC game, MC. I mean, slight me this guy who is stored office. He might as well TV. I mean, she's still like this. This is the ship that makes me the I from these guys because I called him out law. And then they walk me like a coup commun- each per pumps homeless. I quite like him, but he does to share and I just feel when you follow as you have a responsibility to try needs Chris out, like incense sense, insensibility young needed coming into now exceed what you say in they take his gospel, you'll shillings, I'm share. It's like coming, not doing uniting vein, not in the market, any fight, really two degree. But you know, he comes out of some bullshit line with a comes out will bullshit. And he's of like he's foot of liked. I told you so. He's right. Is that you know, he was writing. Simple. That's came out this thing and it's like, oh, you know, recently, psychologists, this is this like they raise like thirteen million lesson year regard, a run out money. And unlike companies like on telling them how to do that and they when here big unlike any at the end of like, I've, but my head in my hands or some bullshit artists. Unlike you showed that CO. Hit, you hit your involved and now you're up on Twitter pricing, shit law this. I'm doing also an Enron thing this this is this is another thing is another thing. This whole light in institutional money. It's like it's like it's like a buzz phrase right? Sheesh money star to rear its head like about Iraq, a win. We in the boom, all all Ian street, your money coming in because like we're flying now at old older there. We're going to take interest. It kind of like gets used a lot. I find it gets used a lot institution money's coming. Really the irony in aids. People say are like, Chris, our bitcoin, it's built to take us away from the Bronx and take away from addition. But then like minute requiring loses ten percent in value. It's like where the institutional side. A hundred minute. How so? The very people sick new want to basic leave. You'll now also the common safe here, this crazy like debts, that's, that's that's the bat. Again, this is like. Me, but it's the combats survive is just it's, it's this contradiction, which is the head of contradiction. Nike, not that comes from a lack of understanding of traditional financial markets on you guys because you guys got a small so you you actually take the time to actually understanding environment. But a lot of people don't probably DeVos jersey dying. Glenn messaging. Messaging about he actually, I've had a few message waters, but I ended up. Thing we've been because I was like..

Chris Ron CNBC Jeddah Nike Twitter DeVos Iraq Glenn CO hundred minute ten percent two degree one day
"cnbc" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:02 min | 3 years ago

"cnbc" Discussed on MAD MONEY W/ JIM CRAMER

"Believe that in order to see with digital you need a platform like new relic and we believe we've got by far the best platform what do i mean that by that well every digital business let's take for example cnbc this is great company and i use your app every day and i just met your team up stairs half an hour you yes and they rely on new relic to make sure every mobile interaction every web click is flawless because more and more of your contents reaching people digitally and we ensure that you deliver a great experience for all of your customers to know what you want you explain to people because one of the hallmarks is the easiest to use interface so what are they looking at and what can they tell seem dot com well digital teams these are suffered avella pers or operations they're very smart people but they're very busy and very overloaded they've got a lot of stuff to do to keep these sites up and running and so they don't have time to learn complex tools to what watch what's going on in production so we worked very hard at new relic at making our products easy not only for a couple of special to us but the entire digital team to us and that makes digital a team sport which helps them succeed with the initiative well like a team sport that you're doing is you're using you're helping sap with concur company that we used to love when it was growing it was public and you're part of obviously team because those are all online company say are concurs a great customer of ours they've been using us for quite some time as their their entire customer experiences obviously through digital it's people file their expense reports they do it on the phone how do you make sure that works flawlessly we measure everything about that customer experience from the mobile device to the application code running in the cloud to the cloud infrastructure itself all in one platform our customers are sick of putting together a bunch of tactical tools they want a strategic vendor to help them succeed with digital and they're turning to new relic for that reason great feather in your cap you talked about how ibm will resell new relic platform to its global customer base they to need.

new relic cnbc ibm sap
"cnbc" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:02 min | 3 years ago

"cnbc" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Believe that in order to see with digital you need a platform like new relic and we believe we've got by far the best platform what do i mean that by that well every digital business let's take for example cnbc this is great company and i use your app every day and i just met your team up stairs half an hour you yes and they rely on new relic to make sure every mobile interaction every web click is flawless because more and more of your contents reaching people digitally and we ensure that you deliver a great experience for all of your customers to know what you want you explain to people because one of the hallmarks is the easiest to use interface so what are they looking at and what can they tell seem dot com well digital teams these are suffered avella pers or operations they're very smart people but they're very busy and very overloaded they've got a lot of stuff to do to keep these sites up and running and so they don't have time to learn complex tools to what watch what's going on in production so we worked very hard at new relic at making our products easy not only for a couple of special to us but the entire digital team to us and that makes digital a team sport which helps them succeed with the initiative well like a team sport that you're doing is you're using you're helping sap with concur company that we used to love when it was growing it was public and you're part of obviously team because those are all online company say are concurs a great customer of ours they've been using us for quite some time as their their entire customer experiences obviously through digital it's people file their expense reports they do it on the phone how do you make sure that works flawlessly we measure everything about that customer experience from the mobile device to the application code running in the cloud to the cloud infrastructure itself all in one platform our customers are sick of putting together a bunch of tactical tools they want a strategic vendor to help them succeed with digital and they're turning to new relic for that reason great feather in your cap you talked about how ibm will resell new relic platform to its global customer base they to need.

new relic cnbc ibm sap
"cnbc" Discussed on The Crypto Street Podcast

The Crypto Street Podcast

01:32 min | 3 years ago

"cnbc" Discussed on The Crypto Street Podcast

"It for like the banks aren't gonna touch on this stuff well i mean sentiment already been dashed so the revenge revisionist of history on one on your part of it was well you know this isn't that bad it really probably wasn't all that bad but the point that we went through a bear bog trend in broke it it's it's the bigger the bigger part of that that component than whatever news is coming out and socio with it yeah there's always going to be a narrative right if they can find on they're going to give it one and you know i think we've seen some stupid narratives coming out from cnbc over bitcoin but you know they're gonna roll with it if they come they'll find something i mean it gets the clicks and you know it's really hard to write a market piece that basically says well we moved for a combination of a bunch of reasons and you know here's why like that ends up basically dot getting clicks but if you have like you know headline you know mount gotcha trustee moves coins bitcoin price lives thirty percent oh people are going to click that like oh well let's go got so and you know the justice bility of of concepts with markets is a hard thing to to learn unless you've experienced it for years so i get why people want their narratives of okay well the market did this well why there has to be a why but they're they're actually.

cnbc trustee thirty percent
"cnbc" Discussed on WPRO 630AM

WPRO 630AM

01:46 min | 3 years ago

"cnbc" Discussed on WPRO 630AM

"He's eric i'm jerry friend of mine who is a financial analyst wrote no wonder the markets were so screwed up any basically put on a page from cnbc a screen shot that said let me just read the one here do i have it here no and and this and this cnbc story talked about the fact that the president reportedly wants to take on amazon it's unclear whether the president would do it on his own but actions in the two other branches of government could settle the issue for him when it comes to internet taxes and it gives a general story about the president's history on it and then the white house was asked you know about it and said you know well at this time no always looking for a level playing field here's the whole thing and then they they have a tweet from trump from last year amazon doing great damage to tax pain retailers towns cities and states route the us are being hurt many jobs are being lost for those who believe that brick and mortar will come back if third parties sales on amazon are taxed you live in a delusional world.

financial analyst president amazon cnbc
"cnbc" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

01:33 min | 3 years ago

"cnbc" Discussed on KVNT Valley News Talk

"Laskar had you listen to the most popular morning showing in the state gas the tom anderson show is as good as it gets breaking news weather traffic reports and it's not all news entertainment sports food might even get a surprise guest blood ted nugent sarah palin and culture right here on kvnt 1020 am and ninety two five the top of the valley the tom anderson show has this is all you need on your morning drive you might even laugh a little or a watch the tom handwriting shelf six to nine am right here on kbnp it's red eye radio he's eric harley i'm gary mcnamara well we may fact check the fact checkers on the fake news awards a both coming up your or just my discontent monotonous to do not get into the minutiae of things that were just knobs is sorry were just one of this move it yet just a vibe with after a apple to bring a ton of money back on it and they will be interesting to see uh not just apple but all these companies what the final tally will be yeah i remember the ceo of cocacola sitting with uh the leader of berkshire hathaway of course uh warren buffett on cnbc one morning and talking about this was a few years ago and the that the person that cnbc they were there on site some work on location for some big cocacola company meeting or something and.

apple cocacola ceo cnbc warren buffett radio little tom anderson sports sarah palin ted nugent blood gary mcnamara eric harley berkshire hathaway entertainment red kbnp