18 Burst results for "Cap Bax"

The Economic Case for Electrifying Everything

The Energy Gang

06:17 min | 7 months ago

The Economic Case for Electrifying Everything

"So. Let's turn to our topics this week, and we'll start out with another report that has come out but this one is very different from some of the climate reports. We've been discussing a plan to create millions and millions of jobs by electrifying the economy and slashing emissions eighty, five percent. It's simple. It's elegant and the authors say it is totally doable. The authors are Saul Griffith. Sam College Alex Laskey you might know Saul Griffith we profiled him on a recent what it takes episode and he talked a little bit about how this the the origins of this plan came together and Alex Laskey is the CO founder of power and we profile. His Co founder Dan Yates on a recent what it takes as well. So they're part of a team called rewiring America, which is putting out a series of technical reports, mobilization plans for rapidly electrifying in decarbonising America, and putting a lot of people to work in the process. So there are two parts to this conversation was the actual modelling that goes into the plan, and the other is the economic benefit and jobs claims. So Melissa, let's look at the origins It doesn't start with emissions instead, it looks at decarbonisation the way an engineer might an engineer like yourself walk us through the basis of how they're modeling the decarbonised economy in this report. Is this interesting at you know I've been a model for fifteen plus years i. like modeling thing saying what happens with that? From a modeling approach. I mean frequently when we look at climate mitigation so how do we reduce emissions? We start with an emissions target or frequently in combination of emissions, targets, economic development targets, etc, and then we kind of back our we into what the mix of things could look like to meet that. So it's this top down approach or this perfect foresight. We know what's happening in the future and we back out from there in this report, they really looked at what machines and equipment are out there. What could we get out there and how quickly could we do it and they went from there? So they said, okay, what can we get online if we really double down on this and they broke it into a couple of stages stage one being ramp up production of technologies and Stage two being okay. Let's deploy these things as quickly as possible. So it was this bottom up, call it an engineer's dream because it gives me a lot of tech to play with and look at. But it really gives you the nitty gritty on how do we get this done? So, in this modeling, they mostly focus on electrification unpack how they do that yes. On the electrification side, they look at how do we beef up the supply side of things ahead we get all the power generation we need in line and I've got a lot of thoughts especially around their cost assumptions and what they think we can actually accomplish. Jigger I'm curious what you think about it as well but then on the demand side I mean they also say, okay, every car that gets sold when your targets taking off the road isn't electric one every bit of equipment in your house would replace there's no more combustion it's going to be electric I'm so it's it's essentially a near one, hundred percent replacement rate zero carbon technologies. As soon as you would naturally retire those things they do have a caveat in the report which is interesting of saying they're not forcing you to early retire. Anything, but it would help if you did. I like. I think this is fantastic. Right that it's exactly what we've been saying on the energy gang for seven years right which is that we have the technologies necessary to decarbonised and we have to deploy faster. I think that part of this that. Is still sort of not fitting exactly together for me is what are the forces around here that will make it happen i. You know I think that part of the reason I'm hopeful I had a long conversation with Alex about this, we had a good reconnection in these inspired me to figure out how to get involved with rewiring America but like is it. The when we think about for instance The planned obsolescence of natural gas utilities natural gas utility spent about seventeen billion dollars a year on distribution grids and other sort of Cap Bax. In the local level, you could imagine that they could spend that seventeen billion dollars making all these things come true. So whenever someone's gas boiler? goes out they could replace it with electrify everything solutions and they could actually just charge people thirty bucks a month or whatever for the next twenty years to recoup their their costs right. So there are ways to actually figure out how to do this. But I. Think it's critical for an a report like this to come out I and to say it's actually possible. The math actually works. Now, where's the political willpower to actually make this happen and there's some really interesting insights, a commodity report that I think many of us who've been steeped in this? No but for think the first time watcher is shocking. Right So the energy information, administration and many other sources really always compare solar and wind to primary energy. Right. So the way that the world works is you basically pull oil out of the ground ten percent of all of our energy in the United States and pretty much globally is used to bring this kind of stuff out of the ground and then. You say you know this is how many quads of energy we use as a society right and so of solar and wind come in at two percent of that energy. Then people say look how small it is. But in fact, when that energy actually goes to keep your beer cold as emery, Levin's would say. It loses about seventy percent of its energy through the process right in transporting the oil than like. How to put it into a refinery, converting it into useful fuels like gasoline and diesel. Then actually burning that fuel and you know and creating the electricity that then actually keeps your beer cold all the losses in there are eliminated when you go directly to electricity but in but we are constantly comparing ourselves to primary energy and so part of what this report shows is a week actually eliminate fifty percent of our entire primary energy usage just by electrifying everything right because you lose all those losses

Alex Laskey Engineer America Saul Griffith Co Founder United States Dan Yates Melissa Emery Cap Bax Levin
"cap bax" Discussed on The Brutal Truth About Sales and Selling

The Brutal Truth About Sales and Selling

06:24 min | 8 months ago

"cap bax" Discussed on The Brutal Truth About Sales and Selling

"That shipping doesn't even go into the manufacturing managers budget. It's rolled out. It doesn't hit their cap. Bax Budget So. It didn't mean anything to 'em ended up having to give them the free shipping and give them a discount on top of that, so you know it's really important to go in and ask those questions right? What is important to you? What you know is is free shipping of value, or or is it not a lot of times? You know you're you'RE GONNA end up double up on your discounts. If you you know offer something they don't care about. What love about that question is? You can get a false positive. I sold to engineers most of my life. If I asked, what was important to you and the engineer said cost I knew it was a false positive. Is Engineers have no control over the budget right? I, if cost is important, that means they wanted to go under the radar. Right. Which means it's not going to be a big deal. Yeah, exactly and. That's IT and if you're talking to a finance person, and they don't mention cost or are Y, you know it's a false positives. They say all right number wages per hour. Something that that they have to care about. And I think the important thing is especially for the younger guys I mentor a lot of guys in our company. We have about thirty routes and. What I tell them is understand who you're talking to and the personality of that person right so you know you kind of have to tailor if you have that operator guy who's hundred percent company. What's best for the company? You know works sixty hours a week in only cares about you know the results you've got to be. You can't talk about things like price and those things. They don't matter to him right. What's IT GONNA do for them and the company overall so. A lot of times we have to tailor that. And when you mentor somebody you Kinda, see the the stages it. You went through as a route. Yeah, what was some of those kind of major epiphanies with the lights went on all of a sudden. You go I've been wasting a lot of time doing dumb stuff. I got. This. Yeah brings a smile to my face. 'cause I spent my time. Even though fairly short and sales spent my time like I, said, driving around with demo equipment, the back of a van right and I show often I'd go through the demonstration a thirty minute demonstration features and benefits, and and the blank stares in the you know the operators spaces and. You know what I realize is that everybody doesn't care about everything. Right so so a lot of times. You have very quickly figure out what they care about and then Taylor. Your demonstration Taylor your your conversation directly to what they care about nothing else. Everything else is for my benefit. Right thing else. I mean it's great that I can stand up and do a thirty minute. You know in a demonstration show every feature. But if they don't care about it, it's only for me. It's not for them right. The brain turns off and I bet you that early stage. You were excited the end of the day. The most number demos your gave right and the funny thing is that my demos went from thirty minutes to about five minutes. I would show up and set up the equipment for half an hour in and get everybody in front, begun in in less than five minutes, because in the in the time I was able to hone in on just what they wanted you know in in in show him exactly what they want. And then I call it the drop. The MIC moment stand back. And let them talk right, so yeah, because usually it is, it usually comes down to like one thing. That at they'll remember that day value that you do that. Nobody else does yeah. I was traveling with. My one of my sales engineers these twenty three years old. He was showed up to customer demonstration I was standing back watching and the funny part was he was. He was asking him if they used a certain tool. And literally right behind him Brian was the whole wall of those types of tools right so he couldn't see the forest through the trees. He was so intent on doing this demonstration. They didn't see the whole wall of of of what he was asking them if they use behind. To me, that's just an experience I. Mean You have to pay attention? You have to take in the surroundings when you're with when you have the chance to be face to face, and then you have to be directed to the point, and you know to their needs so. In the reps that come to you for help. Come to you to to talk through. What they're facing. What? What are you typically? See them doing wrong or Less than perfect well I think number one. That again. A really good question I think number one is. They talked too much. Don't listen enough and that's kind of Cliche in sales. World that you hear people say that. But, even though people know it, they don't get right Let the customer drive that sales. I mean for me. It's easy like I. said I'm like a doctor. Writing a prescription I walk in I. Start the conversation. I sit back and listen as listening in my mind. I'm thinking okay. Here's the products that I know can help him but I. don't Tell Them I. don't tell him until it's the right time to tell him right so i. sit back, let him talk through. A lot of times they will commit to buying a machine for me before I even pitched the machine. You know even before we get to that point. They know they need exactly what outselling. And I think that's it. Edge by far the number one thing the talking too much and I think. They feel obligated to talk. Right. Even if they WANNA talk. They just feel it's their job. Yeah and they don't have the confidence. Have that pregnant pause? Right. Yeah exactly ask a nice open ended question. Sit Back. POPs pop some popcorn pop. Some popcorn and.

engineer Taylor Brian
"cap bax" Discussed on AppleInsider Podcast

AppleInsider Podcast

06:59 min | 1 year ago

"cap bax" Discussed on AppleInsider Podcast

"Iphone eleven so I get mixed up achieved win apple doesn't doesn't add things like biotech biotech fusion. What you name it I don't know but anyway so TSMC maker of chips right they're they're saying that they're noting that five t smartphone growth momentum is stronger than they expected and that they have good reason to believe that they're going to increase their their point seven percent the revenues up to nine point four billion now is it just me or to look what the word Capex but not them heard before capital expansion how much they can spend and okay aqua cap bax says a Janaka severe so now obviously iphones aren't five g. yet but what they're saying is is there a forecast about it because the rumor is that the next generation of iphone we'll have five G. so TSMC chipmaker is investing up to five billion extra ahead of those forecasts? I say it's one of those things with a number just unimaginable imagine city mythic I think we could spend extra five bill here and a workout will yes well totally will so some spread the apple is going to do its own five G. later later later so that she can help TSN remember qualcomm is will it be I heard so so we settled this whole qualcomm fight apple and qualcomm made up and so the the the it's it's very likely that apple use qualcomm modems for five G. in two thousand twenty twenty twenty two is when we sort of expect to see apple develop their own and released their own five G. but presumably that means releasing it in the same way they do the thirteen biotic thinking which is designing it but having someone like Tsm Dave Cutler senses right around noon so to sims ah is is sitting pretty well they are for processors for sure whether they're doing that as part of the five G. or they're just talking about the demand for five G. Phones and therefore the demand for processors fit in those phones is another thing we've gone through this in the past with all the different suppliers for the different parts who's doing the flexible printed circuit card kind of thing the antenna and stuff like that in the past but suffice to say TSMC's pretty happy nice that's a pretty good it is is because I've heard about them in they looked so down I wanNA talk for a moment about Taylor store so the idea that that readymade garments author act sizes have no place in the modern world is is Lord of the basis for Taylor store right they believe in embracing individualism with a new way to purchase clothing clothes that are made to order and tailored precisely to your measurements and that makes a lot of sense to me because we aren't all sized exactly the same humans are different shapes and sizes and all kinds of things right getting yet is just this notion that you'd go into a shop and buy something that's mark assize and and have it fit right is kind of a weird notion right it makes sense for mass production in the old days so thinking back to this right in the old country if you will one hundred years ago everything was bespoke you wanted to shirt it was made it was sold for you right you wanted you wanted a suit it was made for you and then suddenly along the way we got the site in into this mass production and things like this and it became invoked by things in sizes it was more affordable and it was posh because you're going into a shop instead of having to wait for something to be made lots of things like that and I think we're sort of turning that around now so so this hundred twenty year olds way is coming back but with technology powering it right instead of of walk into Shaw picking something off a rack and walking out with it and saying well that's good enough well it kind of fits right you know you can actually have something that fits the way it should so Taylor store has fully customizable dress shirts that start at fifty nine dollars with options and options and options to choose from for men and women and they make it super easy to get your measurements because this is the thing is no one knows their measurements right and you could pull out a tape measure and try and get it right but who says you're measuring correctly and all the if not nonsense Taylor has an APP and their APP is called size me and you put it on your phone and you balanced your phone in the corner of the wall and then you go and stand back in the outline of the person on the camera and it takes the pictures and then you tells you to turn and you tells you take another picture and so between two pictures aside profile in front facing photo they'd airman your sizes they get your personal measurements and it takes seconds let me tell somebody my sermons well only in order to make clothing for which is kind of necesary necessary thing right okay okay yeah and aren't sharing it on facebook there during the seamstress or seems to they have a perfect fit guarantee and it's really onerous so basically if the shirt doesn't fit as you'd like to they remake it and they don't care about returns if if you get a shirt and it's not size right you get to keep the faulty shirt or give it to charity or something like that okay that makes it then yes agreed US gymnast Rachel and they are one hundred percent carbon neutral business there making the world a fairer and a better place and it's really great so I did this I got the APP I downloaded I went ahead and I spent I got way too involved in picking out options for the shirt because they just have so many cool options and I picked out all the options that I wanted and I submitted and the next thing you know like a few days past and I had a photogr Graf of someone in Sri Lanka sowing my shirt and and then a few days later I had a fedex notification that my shirt was being shipped and just like that and so it went from APP to spending too much time in a website because I love all the choices and then next thing you know I got a shirt and it's fantastic and.

apple TSMC five G hundred twenty year one hundred percent fifty nine dollars one hundred years seven percent five g
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:41 min | 1 year ago

"cap bax" Discussed on CNBC's Fast Money

"In the stock in your view in that warranted given militant about the cow free Castro because that's pretty style we number but is this move to the downside warranted given everything to fill just said and everything we're probably going to talk about. I think the short answer Melissa's yes I mean the stock was a hundred seventy. Seven dollar stock on June third ran up today to sixty seven so they really needed to crush in order for the move to continue I think so is the move warranted yes. If you're looking for an entry point and mind you think we did a good job in June of sort of identifying a low Carter worth and Dan and specifically and I think we did a good job on the way I thought the stock would absolutely fail at two twenty five or so. I happened to think though that might be your entry point to get back in on alongside so we've got I've gotten it wrong for the last couple month or so but I do thinking to get a shot to buy it again and that comes into form of a fifty percent retracement of the June low in the recent high they they lost four hundred million dollars in a quarter where they had record deliveries. What do you think is going to happen? In the third quarter this to me sets up an even worse. Remember the first quarter so I mean the trend adhere to me is awful and again the gross margin at least begins to tell. I think people that didn't think this this is a structurally unprofitable car and I'm talking about the model three and the bad news is that the model x. and the model s continue attended to see slower sales that those are the cash cows. Those are the higher margins we saw last delivery round that they were down roughly thirty percent in terms of those delivery numbers growth company doesn't cut Cap Bax. They don't take restructuring chart. I mean this to me. This is exactly the story that I've seen for a long time. Yes I'm impressed by a free cash flow number and I do think that the balance sheet is different than it was a quarter or go to question always is can this company. I don't know that they can say that they are self-funding when when you're building on profitable cars that to me implies allies inherent pretty positive when you say self-funding it makes you WANNA buy stock when it says self-funding because that's been the major problem right that they you see in eleven percents act like ultra retracement since broken through all it's moving averages. It's broken through the fifty eight moving hours right around onto twenty. That's where you step in by. Margins are terrible getting worse and you have the tax credit that got cut in half July first and is going away completely at the end of this year. That's good margins even further but what if I told you guys the two weeks ago the stock was turning exactly where it is today. I mean that's something I think we keep all this into some sort of active right. I mean July tenth July eleventh trading to thirty five so yes. It's pulled back. Yes it's probably pulled back for all the right reasons given what they delivered in terms of the margins and everything else a free cash flow. I think is pretty interesting. I think I tend to be still more bullish than bearish on this stock on June. Fourth is when we talked about stock was one eighty they bought ten thousand of July two fifty calls those went into the money deep..

Castro Cap Bax Melissa Carter Dan four hundred million dollars thirty percent fifty percent Seven dollar two weeks
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:47 min | 1 year ago

"cap bax" Discussed on CNBC's Fast Money

"It's going to be so the thing that actually stuck out to me a little bit and it's not a huge deal but the thing I didn't like they talked about their dog is going to be just slightly less than than they had given before and their outlook but they're they're free cash. Flow is actually going to be a little bit higher and well that sounds great. The reason is because they're gonNA pull back a tiny bit on their cap bax and I like when they're feeling good about spending and so we may see the returns on that cap tax so it's not a huge amount of money you know in the balance sheet here is actually getting toward the lower end of the leverage that they feel comfortable having I just I'd rather see them. Be a little more aggressive. It's not expensive here at the post market. It's not expensive at all but as a bellwether for how companies are feeling about future it's sending money. I don't like it's that signal fact right. I mean you you've had the we had housing starts today which were not that great right so now you have a company in in the industry saying you know what we don't feel as great about the industry as we did baby six months ago. It's that signaling effect Dow Down at one ten. This is Takeshita what between one ten of one forty roughly I think down at one ten. It's probably a good risk reward. I mean it wasn't doc was now one twenty two so another ten bucks that's where B._K.. Likes and technicals of it so Karen gave you the great fundamental backdrop of it but it's triple toppy from February April and now recently right around this right around where heard fell from has been resistant to the name and it does not look like it is about to break out anytime soon but more broadly in terms of the mosaic that we've seen so far from industrials I mean we've gone the initial one from the S._F.. Signed a warning from <hes> Bass no which cited tariffs and also higher raw materials we have this we have C._S._X.. which was what does that mosaic paint and it pays out showing economy planes a slowing economy and I'll added more your European car sales? Were not that great today right and so if Ford G._M.. Coming next week it paints what Cairns been concerned about him but talking about is you have the stagnation in the economy because people are what is a result in Powell cutting rates. Maybe fifty basis points versus solves everything to marquette out some of that is already priced into the market right so the next one some of it twenty five. Maybe but you don't know changes is but I think that the market right now is not worried about granularity and stock specific names. It's worried about the macro so this week we have earnings. We're going to worry about that. As we enter into the later phases of July then we're gonNA worry about power. He cuts rates fifty basis. He's points the market goes to new. I gotTa get here. That's moving higher in the after trading..

Powell Dow marquette Karen Cairns Ford six months
"cap bax" Discussed on 860AM The Answer

860AM The Answer

03:26 min | 1 year ago

"cap bax" Discussed on 860AM The Answer

"Kids to do it. You get your kids in grammar school to do it so easy. But see the whole idea is always make sure you don't buy is. She make sure that you never sell stock short. Same thing with inflation how they lie about inflation. What do they lie? The CPI the inflation you hear about CPI report. It's tied to the incomes eighty million people. Eight million people know you have people are social security. You have people in food stamps. You have the military yet federal service, guys military retirees federal civil service retirees. You have survived survived. The guy died wife still there. You have children on food stamps, and you have eight million people social security. They wanna make sure the government wants to make sure they don't get a cost of living increase, so they say, there's no inflation, so they say there's no inflation. So what do they do? Well, the government has changed the way they calculated inflation over twenty times, ten years, so they always screw you. They exclude a lot of things that are inflationary. They include this not act energy gasoline's been up thirty six percent since January. That's not inflation is excluded. It's colluded when you're doing inflation. How about beef in veal? They don't include that when you're doing inflation. No, they only they only include hotdogs, some cheap hamburger because they don't want you to know that beef Ville veal is up twenty percent gasoline up thirty six percent. They exclude beef and veal up twenty percents. They don't show any inflation, then Larry cudlow can come out and tell us things terrific. Everything's wonderful Konami strong. No inflation. Just like he told us there was no cap axe here I flation. No inflation inflation. Yeah. Larry right now inflation. How about no cap Bax? We're seeing very good business investment, capital goods orders. A huge not huge just got the numbers capital investment. I they call cap ex it's getting murdered. But he's not going to tell you that he's very good. Noche not. Think about this, the same people who lied to you want. You to make sure you don't know about inflation. The like there's no inflation zero popcorn's not going up. Movie tickets not going up healthcare is not going up trying to convince you not do it age. They can't do it by pricing. They'll change eggs having twelve eggs in a package. They saw you. They, they show you said, do ten is twelve. Potato chips, have the bag is full of air. Eight seven seven six hundred gang. We limited twenty we've done this many times, we just need another group of twenty and you follow me and thirty days from now, you're gonna say it works. It works and you find out it does unbelievable. So why would we believe the same people who lied to us about inflation because to admit to inflation that means money's gonna go out of the market? They're same people lied about cap. Bax lady.

Larry cudlow Konami Bax thirty six percent twenty percent thirty days ten years
"cap bax" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:07 min | 1 year ago

"cap bax" Discussed on Bloomberg Radio New York

"But first, Jason Uber has had some struggles since going public so Taylor. The Uber IPO so highly anticipated. And I think if there were sound effect, it would be won't long. No. So interesting, though, 'bout the IPO, maybe ninety of the company's future doubt of courses up for debate and really the IPO for me was about the bankers versus the company, and then really the bankers. I as the investors, exactly not a great look for Wall Street. Certainly should only bicycles here. She's been tracking this tick by tech minute by minute working on the behind the scenes story. So Wall Street, the blame game has started what happened and it's funny, you say tick by tick, I was at the stock exchange the morning of the listing, and it was rising. The price into all of a sudden it wasn't, and you looked around and everybody was kind of looking at each other like what's going on? What do we do? And so now what happens is in some ways, this IPO was considered a success in the sense that they raised forty five dollars a share for Uber. They raise more than eight billion dollars, and that for the company was a great thing. Uber has some things to be happy about, but since the stock has been falling after usually an IPO supposed to pop. There are a lot of questions about whether this is overpriced in the first place and investors have clearly lost some faith at at least in the near term. I wanna go back to that feeling on the ground at the floor of the stock exchange when it was price because we were all watching it, you know, as you saw it fall indicated open, what was. What's the feeling on the ground there? There is Uber. Eats all over the place giving delivered to traders. And then all of a sudden, I remember listening as the stock was starting to drop. It was up all morning, right? It was over the IPO price. And then when it starts to drop. I heard it trader go home. That's what you get when you don't turn a profit, and so. Right. So it was something where all of a sudden the sentiment turned. Right. It didn't matter before, right? Obviously the stock was rising there's been so much money pouring into this company for so many years from number remember, many pre IPO rounds. Our this was supposed to be one of the biggest listings ever, and certainly something that will be looking to, to prop up the IPO market moving forward, and so the size and scope of this was one of the reasons why it was so competitive to get this assignment from the perspective of big Wall Street banks, they live for this for the cachet. Also for the fees, of course, Morgan Stanley led the deal. What are they saying publicly, and then what are people saying this publicly they're saying? Absolutely nothing. But behind the scenes, what our sources are telling us that mover hasn't really blamed Morgan Stanley for anything. We have a number of investors who are pretty upset, because they do feel that the price should have been probably lower. Maybe the bankers over hyped, the company, there's a point last year, Morgan Stanley, and all the lead bankers wanted one hundred twenty billion dollar valuation. Obviously that was rosy. There's a lot of pressure on these bankers to please the company to win the deal and keep that value up. And so, you know, behind the scenes really people are blaming the market, and that's certainly true. Right. And this is why the long term is gonna matter then this past week has been this past week has been bad. And so obviously this week is bad. But Morgan Stanley has said that this could be a stock that could be one of the next things could be like the next Facebook. Well, like you said Uber the company's happy being priced at forty five dollars a share. But what does this mean for the bankers relationship with the investors because arguably these investors, if they're going to have to top again, five ten years down the road for the next big IPO? This is a really complicated question. Right. Because for Uber. One of the big problems in this listing was that fidelity Wellington, a lot of high net worth individuals were already investors in Uber. So even tapping them in the first place for a lot of money was a little bit challenging. And then honestly, these retail investors want a chance to invest in these this great new, I met a guy at business school over the weekend who's saying he bought one, share, just to have one share. Right. And so, again, Facebook was also flop. I don't know if we're going to remember it fell kind of in the later days of trading. And now if you talking to business school professor at the university of Florida, and he was saying that he sold his stock at the time, and when he looks back at it, he wishes he kept it, so it's really hard to tell right now, whether this is going to be seen as one of the worst IPO's in history, or one of the greatest tech stories of all time. Well, and if nothing else it was seen as we ran up to this as something of a bellwether for this year of the IPO the year of the unicorn, what is it? Tell us about that market going forward because this was the big Kahuna. This is a big cahuna at something interesting about this big Kuna is what we were saying earlier about how it went public. So late financing rounds there, so many people on Wall Street, and so many people even in SEC really that are trying to give more people access to these companies earlier. So that mean more companies directly st-, right? We were seeing direct listings and slack is going to list run to check list. They're slated for the end of June and the success of that is going to be really key because we're want to see a successful direct listings to save more early stage companies will consider that as a new route as well. And then get therefore, give more people access to these companies earlier on, I think all of this comes down to the basic idea is what is the path to profitability? And the reason we're all having this discussion is because frankly they're losing billions of dollars a year negative for cash flow tons of cap Bax. What is their pastor profitability? And when that's, that's the real question. Right. But the thing is if you look back at all this year for. For example, Louvre, and lift or the, the ones that are really falling here. So it could be on me. I mean that one was amazing. It's soaring. Pinterest is doing quite well. Also. And so right at the end of the day, it's bread and butter financials right? If you show us a path to profitability, then there's a way to kind of turn things around or being the next Amazon and find a way to show that you have a sustainable business model that can do multiple things that Chanel e Bosick and Taylor such a smart story because we've watched the stock price really falls come back a little bit. But we know.

Morgan Stanley Jason Uber Facebook Taylor SEC Wellington Kuna Pinterest Amazon professor university of Florida forty five dollars one hundred twenty billion dol eight billion dollars five ten years
"cap bax" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:21 min | 1 year ago

"cap bax" Discussed on Bloomberg Radio New York

"Magazine, and more, and in this week's broadcast Hayler Brexit space and the planet fitness CEO, we're all over the place. Plus, we work, of course, wants to become its own landlord. And it's this week's cover story, but I Jason Uber has had some struggles since going public so Taylor. The Uber IPO so highly anticipated. And I think if there were sound effect, it would be won't long, so interesting. No 'bout the IPO, maybe ninety of the company's future dot of courses up for debate and really the IPO for me was about the bankers versus the company, and then really the bankers. I investors, exactly not a great look for Wall Street certainly schmolly bicycles here. She's been tracking this tick by tech minute by minute working on the behind the scenes. Story. So Wall Street, the blame game has started what happened. It's funny, you say tick by tick, I was at the stock exchange the morning of the listing, and it was rising. The price into all of a sudden it wasn't, and you looked around and everybody was kind of looking at each other like what's going on? What we tail. And so now what happens is in some ways, this IPO was considered a success in the sense that they raised forty five dollars a share for Uber. They raise more than eight billion dollars, and that, for the company was a great thing has some things to be happy about, but since the stock has been falling after usually an IPO supposed to pop. There are a lot of questions about whether this is overpriced in the first place and investors have clearly lost some faith at at least in the near term. I wanna go back to that feeling on the ground at the floor of the stock exchange when it was priced because we were all watching it, you know, as you saw it fall indicated open, what was the feeling on the ground there. There is Uber. Eats all over the place giving delivered to traders. And then all of a sudden, I remember. Listening as the stock was starting to drop. It was up all morning, right? It was over the IPO price. And then when it starts to drop. I heard a trader go, go home. That's what you get when you don't turn a profit, and so. Right. So it was something where all of a sudden the sentiment turned. Right. It didn't matter before, right? Obviously, the stock was rising isn't so much money pouring into this company for so many years. Remember, remember, how many rounds were this is supposed to be one of the biggest listings ever, and certainly something that will be looking to, to prop up IPO market moving forward. And so the size and scope of this was one of the reasons why it was so competitive to get this assignment from the perspective of big Wall Street banks, they live for this for the cachet. Also for the fees, of course, Morgan Stanley led the deal. What are they saying publicly? And then what are people saying, publicly, they are saying absolutely nothing. But behind the scenes, what our sources are telling us that Buber hasn't really blamed Morgan Stanley for anything. We have a number of investors who are. Pretty upset because they do feel that the price should have been probably lower. Maybe the bankers over hyped, the company, there's a point last year, a Morgan Stanley, and all the lead banker is wanted one hundred twenty billion dollar valuation. Obviously that was rosy. There's a lot of pressure on these bankers to please the company to win the deal and keep that value up. And so, you know, behind the scenes really people are blaming the market, and that's certainly true. Right. And this is why the long term is gonna matter then this past week has been this past week has been bad. And so obviously this week is bad. But Morgan Stanley has said that this could be a stock that could be one of the next things could be like the next Facebook. Well, like you said Uber the company's happy being priced at forty five dollars a share. But what does this mean for the bankers relationship with the investors because arguably these investors, if they're going to have to top again, five ten years down the road for the next big IPO? This is a really complicated question. Right. Because for Uber. One of the big problems in this listing was that fidelity Wellington, a lot of high net worth individuals were all right? Ready investors in Uber? So even tapping them in the first place for a lot of money was a little bit challenging. And then honestly, these retail investors want a chance to invest in these this great new, I met a guy at business school over the weekend who's saying he bought one, share, just to have one share. Right. And so, again, Facebook was also flat. I don't know if we're gonna remember as it fell kind of in the later days of trading. And now if you talking to business school professor at the university of Florida, and he was saying that he sold his stock at the time and when he looks back at it, he wishes he kept it. Yeah. So it's really hard to tell right now, whether this is going to be seen as one of the worst IPO's in history, or one of the greatest tech stories of all time. Well, and if nothing else it was seen as we ran up to this as something of a bellwether for this year of the IPO the year of the unicorn, what does it tell us about that market going forward because this was the big Kahuna? This is a big cahuna at something interesting about this big. Is what we were saying earlier about how it went public. So late and financing rounds there's so many people on Wall Street, and so many people even in SEC really that are trying to give more people access to these companies earlier. So there's I mean more companies direct list, right? We are seeing some direct listings and slack is going to list checklist slated for the end of June and the success of that is going to be really key, because we're gonna wanna see successful direct listings to save more early stage companies will consider that as a new route as well. And then therefore, give more people access to these companies earlier on, I think all of this comes down to the basic idea is what is the path to profitability? And the reason we're all having this discussion is because frankly they're losing billions of dollars a year negative for cash flow tons of cap Bax. What is their pastor profitability? And when that's, that's the real question. Right. But the thing is, if you look back at all does this year, for example, Louvre, and lift or the really the ones that are really falling here. So it'd be on me. I mean that one. Amazing. It's soaring on Pinterest. Is doing quite well. Also. And so right at the end of the day, it's bread and butter financials right? If you show us a path to profitability, then there's a way to kind of endings around or being being the next Amazon and find a way to show that you have a sustainable business model that can do multiple things. That's Chanel, Bosick and Taylor such a smart story because we've watched the stock price really fall come back a little bit. But we know from.

Morgan Stanley Jason Uber Facebook Taylor Hayler Brexit CEO Chanel SEC Pinterest Buber Amazon Wellington professor Bosick university of Florida forty five dollars
"cap bax" Discussed on KDOW

KDOW

05:50 min | 2 years ago

"cap bax" Discussed on KDOW

"Now, here's Bill and welcome back to Phil's gang show on. We're talking about is we are seeing evidence. That this Konami is getting worse. But when I say that most you think I'm nuts because you see every day and you hear every day. How the economy is doing terrific. This is beginning to show that the consumer is alive, and well, and the consumer is spending money on the more data that we have suggesting that the economy is growing. Now, she says the economy's growing Marquette, what can is she looking at. She certainly isn't looking at the data that I look at at the treasury department. I always tell you go to the treasury department and find out withholding tax. Then you see the real job numbers. The treasury department is telling us the economy's in bad shape. It's unbelievable. Just the opposite of what they toss. The treasury department is telling us we are not collecting enough tax revenue. That's the problem. We're not collecting enough tax rate of jobs were so plentiful so good in a wage is going up three percent annually that why is it that we have a housing crises right now, why is it to retail sales are falling off a cliff. Now, the treasury department tells us that the numbers are there. But they lie to us. So again to find out when they're lying. It's just go look at the yield curve, which is a big big nothing. Nothing burger just look at the thirty. I do my game every morning. I remember I look at the thirty year treasury yield. I look at the three month treasury you and I wanna see those three percent apart. If they're not three percent apart. And they're telling me how great things are. I know they're lying when or three percent apart and our challenge things are great. I know they're not lying, then I take a look at my chart, and I wanna see what the big hedge funds you're doing the big banks are doing the big insurance companies are doing with their money. So I'm going to follow their money. I don't care about the fundamentals of the company. I don't care about the free cash flow. I don't care about their p e ratios. I don't care about all the nonsense. They tell you about these companies because remember you take the big insurance companies the big corporations and the hedge funds the insurance companies the biggest banks they're like a herd of cattle. They all follow each other. So they all follow each other into net flex. No. I know the economy's not good. I tell my gang that every morning like, I tell you. I show them. Retail sales are falling off the cliff. You heard that retail sales are fought you that last week. But yet they're telling us to consumers are alive. And well, this is beginning to show that the consumer is alive, and well, wait a minute. So retail sales dropping the wash in ten years. Dropping off a cliff. But she says that's tell you the consumer is. Wow. Then you go and look at our economic GDP growth and the treasury department says, wait a minute. Larry cudlow said in the fourth quarter of two thousand eighteen we're going to grow four to five percent. And then then they reverse it. Thirty three percent. Remember when Varney interviewed him never questioned about his four to five percent. But like it was a brand new interview of three percents. Guess what? The what the GDP is going to be. Now, they're talking one and a half percent one and a half percent. Remember this allow Kudlow he told me Friday that we're gonna get three percents economic growth this year. Three percent thirteen talking. They're talking for we finish up this year two thousand eighteen. It ain't gonna be anywhere near three percent two thousand nineteen. They just came out said probably one and a half percent two thousand and eighteen we're lucky to be at two percent. But again, remember no higher than Obama. Was Obama never reached three percent. And the President Trump has never reached three percent why because our wages her too low because corporations the CEO refused to take their profits and the money they're borrowing almost no interest back in their company for new machinery new equipment that increases productivity, and then you get someone a wage increase. Oh, but they'll lie about it. They lie about it. All the time. I remember when Kudlow, wow. You can't believe here listening cuddled talking about cap Bax right here. This is amazing. We're seeing very good business investment capital goods orders. A huge right now. And right after that she'd be she comes on and contradiction. I don't think they talked with each other. They should cap ax as horrible. Of course, it's horrible. You can't put your money in the park your pocket and just hang time pie new machinery. What are you nuts? Housing. Let's talk about housing. I do this. He's just grumpy. He's a grumpy old, man. I know you much rather listen to this. I know you would let me play you feel better. Walmart, very strong numbers.

treasury department Kudlow Phil Konami Obama Trump Marquette Walmart cap Bax Larry cudlow Varney President CEO three percent five percent
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:36 min | 2 years ago

"cap bax" Discussed on CNBC's Fast Money

"Global auto analysts out of great to have you with us. I want to get right to this ravine report. I thought that was interesting from the GM perspective as well. As from the tesla perspective, but just the notion that GM wouldn't comes very profitable segment for them the pickup truck, they wanna make sure they have a toehold in the electrified pickup truck is that really a threat for tesla, which does not have a product currently on the market. So tesla has monopolized publicly traded electric vehicles since the IPO and they've pretty much all but monopolized the market, right? Tesla council by eighty percent of unit volume of vs in the states ninety percent of revenue and they've done that without being in the hottest segments, like pickup trucks, and really a broader utility platform. So if someone can kind of cut him off at the pass and say, hey, we're gonna put an electric power train and duty cycle with fleet buyers that can power, tools and. Work with infrastructure on a job site. Perhaps that's something that could be differentiated edge that tesla knowledge is they'll unveil an electric pickup truck this summer. But you know, maybe maybe that's a way for someone to get in and try to cut tesla off dominance who do you think will win this fight? I mean, obviously GM has the production expertise. Tesla may not have an they've had difficulties launching a new products onto the markets. But tesla does have that cool factor. We signed factor. We think it's going to be a clean sheet approach where you start from total ground zero on electric vehicle architecture software done in-house, and without having to defend business model that may not have a long term future and so companies like riven, and and other startups that can get access to the best talent. And then can get access to capital and kind of have the business model chops of an Amazon behind it. That could pose to us. We think a much more serious threat to tesla than say the Germans who will have vs. But the cultural issues are real limiting factors in our pension at him. I always felt competition was the big issue. But I would be more concerned if I'm older about balancing issues and Salvcies point. And I I got very concerned at looking at their cap Bax being down sixty percent year over year during a company, that's growth company. Can you explain to me either why that might be case and also just wear your greatest concerns? This company thing that concern the biggest question for tesla share price say over the next twelve months more than just this emerging competition. As is this company finally had a point where it self-financing..

tesla GM Bax Salvcies point Amazon eighty percent ninety percent sixty percent twelve months
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

04:06 min | 2 years ago

"cap bax" Discussed on CNBC's Fast Money

"And so the stock here I'm looking at Google now, what is one that we used to say peg basis of growth looked pretty fair even at about twenty times. Now, your investments are coming down for two thousand nineteen in mid single digits, and the stocks trading twenty four times is this one we kind of lose that growth for Google the near term alphabet. I don't think. So I think this is gonna generally stay in favor in part because of the stability around this business. I just want to emphasize that. And that's different than some of the uncertainty around Facebook's revenue growth alternately is going to be or what am on investment cycle. Looks like so Google grew twenty two percent. That's the same girl that they've had over the past three years really incredible to see that kind of stability. Now, there's going to be some wavering in that growth rate based on timing of new products that they talked about. But I think the key is this is Koukoulas the oxygen of the internet. We cannot live without it. And I think if you look at things like Facebook, and Netflix, so we potentially could live. There's other kind of services that we could supplement for those. So I think that you know, in this case, this is kind of a different type of conclusion here. And I think the conclusion is pretty straightforward is that Google is going to be a long-term winner. They have an AI. I approach which will make their products better and be positive for revenue growth for the long term. I get what you're saying, gene. But I mean on a multiple basis doesn't trade like like, it's it's the must have thing going forward. I mean, if you're saying we can do without Facebook, and Netflix they have a much higher. Multiple. How do we think about alphabet and windows at premium get into the stock if you really say that the it's it's the lifeblood of the internet. So there's a little bit of affect with just not getting the proper credit. I think apple is probably the best example of not getting credit. I think Google is probably the second best example. And it's always hard to predict win investors will fully realize appreciate that. I think that if you look at the road map of how investors generally there's some skittishness about expenses. But they also wanted see revenue growth simply answer. Your question is what could get this multiple to rerate higher. Unfortunately, it probably needs to come from some other events in their other bests what's going on with Waymo or barely there kind of their healthcare initiatives. I think those type of things just kind of put away win perspective is I'm not endorsing these numbers. But some analysts think that that business could be worth one hundred to one hundred fifty billion dollars. So if you take that high of that that could add twenty percent of Google overall business here. And so these are. Massive opportunities that the company has longer term. And I think as investors have a hint that there's something exciting around the story in terms of revenue growth that should be positive for the multiple what grade on the quarter, gene. So we're giving it a b plus b plus, and I think that revenue growth continues to be favorable expenses some confusion, but this is the oxygen of the internet and its investors should all right team. Thanks so much phony with your analysis. We appreciate it. It's always good to hear from you. You gene Munster of loop ventures. I feel like we go through this with a lot of these names, they say that they're gonna spend more and then the stock goes lower. We saw that with Amazon we saw Facebook have the opposite reaction because they had a handle on expenses. So mobile is their growth strategy, and the margins are going to be smaller and mobile than that. That's the first problem. Cap Bax went when Jean said that they're the oxygen. There's a couple of players that are stealing oxygen from them. So it's Facebook, and it's no ads ads. So now, it's Facebook, it's Amazon. So there's a lot of people where they used to be the only guy at the table or the gorilla in the room. Now, there's a couple of other gorillas in the room that are still oxygen from them. So I would. To a little bit of this smoke clears Waymo is not enough of a driver right now that could be the one as he said to rewrite the multiple..

Facebook Google Netflix Amazon gene Munster apple Waymo Cap Bax Jean one hundred fifty billion doll twenty two percent twenty percent three years
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:23 min | 2 years ago

"cap bax" Discussed on CNBC's Fast Money

"And when we got in positive days, it's because people feel like, you know, what President Trump is finally get a sit down with she and they're going to work something out at some point. But that's what everybody's focused on. Now. I think the feds. Transparency gets that less of a ugliness in terms of the market right now. And once we got through the midterms now people understand there's going to be checks and balances there's going to be a house in the Senate different sides. It's going to check with the president for sure. And that's going to keep things somebody say think all three of those things matter. I mean, trade matters. No question about it. In other words, the fed matters to because again, the fed that market is telling you, the fed may be making a mistake, then add in the dollar as Dan mentioned. You know, what I failed the dollar is the new Vicks the higher that goes the more risk. There is in the global economy. I think all three of those we argue about which one which one it's all three of those that are concerned for this. I would just had one of the point to is really volatile November has the potential to really obviously be like some sort of consolidation phase when we get close to that g twenty and if nothing comes out regarding trade, there's expectations are getting very high. I think that's a huge mistake for investors. And then you get to December nineteenth, and you have this fed meeting, and they did not have they had a small statement today. You know, they're gonna press conference press conference and every meeting going. Has the potential to be a very volatile month in my opinion. Listen, I don't wanna talk. Once you three think, it's one eight one b and one c in terms of importance. I agree with Pete. The tariffs are important. But you know, we say when the president our president is ready to make a deal. There's going to be a deal mate. I think that's totally incorrect. I don't think the Chinese are in any rush to make a deal, quite frankly, nor should they be in the President Trump will say correctly that their markets down. Thirty percent is down is four five percent. I get it through his lens. We're winning. But that's not. I don't think that's what the Chinese look at. I think they're playing five to tenure game. They can play they can play along probably take more pain. I would you know. A lot of pain. I would say already they've already started to feel some of the pain. And I think that they would want to sit down and try to get something figured out. And the fact that we don't have anything figured out right now Tyler that's what we really heard from the industrials. Right. I mean when we went through the earning season so far thicker seventy five percent through the SAP earnings when we've gone through it that's been what what's really been the concern right now is there's no visibility going forward for a lot of these companies. So their guidance is very difficult. Very cloudy for everybody to read through feels to me like the story of twenty nineteen is going to be not necessarily in this order trade number one interest rates number two and how the markets react to probably decelerate corporate profit growth guys. Yeah. There was one statement in that statement that that everyone said was a big snooze or it was about cap Bax about corporate cap X. And that was the thing that is decelerated from the first half of the year. The thing that those tax cuts were targeted at the end of last year. So if we start anniversary those as we. Get into the beginning of two thousand nineteen that is a huge problem. Especially now that you have this divided government. And you do not really have the potential for the sort of tax cut that could kind of get things juice the way we did the first half of this year. It was fun hanging with you. Yeah. I like this hang you, very very, very good. What do you think? Hey, t MAC, David. Our next guest says the market is hovering near a key level. And we could be shaping up for a year end rally. Todd, Gordon trading analysis dot com is over at the plasma plasma to break down the charts. Todd. What are you see? Hey, tyler. Yeah..

fed president President Trump Tyler Senate Todd Pete David Bax Gordon trading Dan seventy five percent four five percent Thirty percent
"cap bax" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:47 min | 2 years ago

"cap bax" Discussed on Bloomberg Radio New York

"So let's take a look at the S and P five hundred definitely a negative tone barris town to the overall trade Charlie breaking down the overall market averages. Four hundred twenty one names in the S and P five hundred lower today. Eighty four higher. I wanna go right though, to Microsoft out with its earnings crossing the Bloomberg terminal Microsoft, first quarter revenue it's twenty twenty nine point one billion dollars versus the estimate of twenty seven point nine billion. Take a look at the bottom line first-quarter EPS dollar fourteen share that's eighteen cents better than what Wall Street was forecasting. Very key to that Microsoft story too many companies, but specially old tech as it moves increasingly into the cloud. First quarter intelligence. Cloud revenue eight point fifty seven billion dollars. That's a number that Wall Street is going to be looking at very closely to see what kind of growth receding in that sector. Now right now, you've got Microsoft down about one and a quarter percent kind of bouncing around narrows down around. If it went down. It's really it's sort of as you say sort of bouncing around down one percent now. But it was you know, a percent or two when the numbers I came out. Also waiting for tesla. I believe. Yeah. Tesla were waiting for those numbers to come as well got another one that you're watching. You know, I I've just watching this candidly, I'm just watching this carnage right now in the in the market. I was looking I wanted to take a look at AT and T because that was one that came up in our conversation. It is down as well. I want to get an exact price here down eight percent. Two dollars and sixty six cents. Again. We're seeing these companies come out and really get punished AT and T specifically a subscriber loss a surprising subscriber loss say that. Yes. Ten times. No, it's hard. But it's worse. Dr decline in six months surprise losses subscribers last quarter. And again, you look at the competition between the telecom sectors. We know that. But it's very interesting to have Verizon rallied after they weighed in on their latest quarter. And then you have AT and T come out and a very different story. Yes. And it looks like part of the reason that Microsoft is just go back there for a second. You know, looking at our our own reporting, their Bloomberg reporting first-quarter cap Bax, four point eight percentage has had below estimate that seems to be at least initially why stock maybe down stock now down. Percent. Yeah. A little over two percent again bouncing around. But now bouncing around kind of below where it was trading at the close. And let's remind everybody that we went into whatever happens after the closing bell with the market. You've got the Dow Jones industrial average and the S and P five hundred a racing their losses for the year. The NASDAQ still up about three percent here in two thousand eighteen but a very negative tone. So any news after the closing bell has to you have to think about that with the backdrop, so we are waiting for tesla to report their latest results. And what's interesting about this story is tesla came out and said, hey, folks, we're to report earlier than we had anticipated stock was down. I should point out thirteen percent higher in yesterday's trade down about two percent today. So it's going to be fascinating to see what Elon Musk has to say about their latest quarter. Whether or not there cashflow free cash flow is significant enough that prevents that company from having to go out and do another capital race. And we want to know about the model. Three what kind of orders, we're seeing what kind of margins were seeing on the sales of that car. Lot of attention being paid to that. And we are going to be digging into those numbers once they are out with Ivan finds at and Ben Cal that's coming up in about fifteen minutes or so in the meantime, we have a top live blog our colleagues on the other side of the house here looking at that. And they're already digging in mentioning as you said that stock drop today after the game yesterday average transaction price for the model. Three is going to become important. You know, the question really becoming how scalable is this company? And I always go back people probably tired of me saying this. But I always go back to one of the really seminal stories this year in Bloomberg BusinessWeek about how hard it has been for Elon Musk to build cars. He's been very successful building rocket SpaceX incredibly successful by all measures cars have proven harder and harder. Let's get to the volatile volatility index. Report. And no surprise to see the vix spiking nineteen percent up more than four points. Vicks closing at twenty four twenty six point thirty to forgive me as it settles. And so again, no surprise to see a spike as stock selloff. You're listening to Bloomberg radio. All right. Dave. You're..

Microsoft Bloomberg Elon Musk AT tesla Charlie Verizon SpaceX Dave Ivan Ben Cal two percent fifty seven billion dollars
"cap bax" Discussed on Invested: The Rule #1 Podcast

Invested: The Rule #1 Podcast

04:27 min | 2 years ago

"cap bax" Discussed on Invested: The Rule #1 Podcast

"Hundred negative and eighty negative on maintenance cap Bax with four hundred negative only four hundred negative out of your pocket, and they borrowed one point, one billion dollars, but they had to pay off one point, three billion dollars or go bankrupt. So if you looked at this anytime in the last couple years with the kind of education getting here at the invested podcast, you would've gone. And you know taking some, I mean, yeah, for sure. God, I just. Yes. Number one, two points one. Yes, you're completely right. And we have to look at these numbers and you know I- caled several times a week, and I do that because it's good for me, and that's what looking at these numbers is like, and I dump a lot of maple syrup in vinegar on that kale in tastes pretty good. So when it comes to the numbers, I call into bed and I have some teeth. I second point is that I just can't stop thinking about these. The poor people who have written that stock all the way down. Living making here. Let me just make it worse. This thing started running negative owner earnings. I mean I'm going all the way back. It looks like it's negative owner earnings all the way back as far as I've gotten number two, two thousand nine and certainly just write a real quick. Look at it in two thousand twelve thirteen. Fourteen fifteen. Sixteen seventeen eighteen. They've been running negative owner earnings one. What are you doing? A company that surprise that hasn't been surprised. Anybody like Sears has been doing very badly in front page news for many years. So this it's not one of those companies where you're sorta like, oh, nobody told me like I think people know, but I think they thought it would turn around. I think they know they thought it would turn around and I think they're taking a certain liberty with understanding that earnings don't really mean that much right. What do you mean by that earnings? Don't really mean earnings are sort of artificial, right? They're not real cash. They're just a reflection of some generally accepted townie principle. So if you were thinking that as a as a relatively naive Bester that I don't really have to worry about earnings got on this real estate or whatever it is that you're thinking. You have to look at the cash coming out of the business. If you realize if I owned this business, one hundred percent, I would be putting in two billion dollars a year every year, feeding the business that is so not a rule, one type investment. It's not buffet investment. It's not any kind of investment that we would do. Yes. And I think you descend the key thing. It's not a rule on investment. It's not a buffet investment. It's not an investment that a long term value investor would do because it's not. It's not got the cash flow that we that. We look for that we want, but that's not to say that other people do other kinds of here. You go. Dad speculating. When you and I think as you know, as somebody who's kind of like on the periphery of this investing world, it's hard to tell the difference people talk about or they write about companies as though we all have the same goals and we don't all have the same goals. Some people want to be part of a turnaround in the only purchase risky turnaround companies that may or may come out of it. And other people only want to hold it for a couple of weeks. And that's certainly not what I've been learning from you and from buffet and from Munger. So it's it's having an awareness of what other people are doing, what their incentives are, I think is incredibly important when looking at these extremely potentially risky companies. And that's why you know, obviously I've been in the same basic vote of investing strategy for three years, and I think he's have to pick the way you wanna go. Right? I mean, you have to pick the kind of you wanna play. What? What do you feel like you're pretty good at? And for me, I, I know you wouldn't ever know this, but I'm kind of a contrarian and..

Bax Bester Sears three billion dollars one billion dollars one hundred percent two billion dollars three years
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:52 min | 2 years ago

"cap bax" Discussed on CNBC's Fast Money

"What give me a final grade. Then if you have you take everything into consideration the numbers musk himself, you put teacher, Munster puts what grade on this. This is a b plus, and I think that you know, the financial still aren't where they need to be. They still have some work to go there, but I think his commentary his, his tenure on the call, and I think what they're saying about continued profit. Going forward, I think makes us a very respectable quarter and gives the company some a clear path to continuing to move the stock higher gene, good stuff. Gene Munster. Thank you when he gets there back to you, right? He apologized to Tony even though you had no problem with this baby. One of the few. Well, the stock price sold off, so I had a problem being long, but other than that, you wanna you want a CEO that defends the stock. He didn't defend at the proper way, but I do applaud him for not being bashful when people come at him. He goes right back at them. So yes, he did not say it properly, but I do appreciate that he is combative to analysts in his name. Now, having said that sock straighten at three hundred twenty five dollars up eight percent. It's infamous for getting back those profits that following day during training. So you have to watch this name runs into resistance at three, twenty nine and three forty. So there's some hurdles here that we have to do to get back to that 373 really. High in the clouds price that we just saw just a handful of weeks ago. I think the beat boss makes total sense. Because what did we really? We knew they'd probably miss right. I mean, there are a lot of things that we, we basically kind of knew going into this quarter, but addressing the financials that I think was the most important thing, and we look at what they're cash position is, and that's something the efficiency of cutting back on some of the cap Bax that's something so they're giving up a little something Scott becoming more efficient, which is something absolutely had to do. So I think it's very important. I like what Steve saying, though it gets up in this level, does it pull back a little bit or can it get through that three twenty nine, Karen, the apology you like policy? I mean, the idea of having this visionary CEO who's also who's also sort of more reliable and calm and not. So emotional, I think is important particularly if they need to come back to the debt Mark. All right. Let's do final traits go around the horn, Pete your I. You know, we had square or earnings tonight, pay pal with just a couple of weeks ago. I really liked pay pal. I it sold off. I think it's a great opportunity after selling off. These wealth, Karen, find going into earnings tomorrow. CBS should be interesting, art, Grasso square. It's about services. I've been along this name since before was a teenager, twelve handle on this name of staying long square. This back with us tomorrow. I am Keady Saint Pete. What else is giddy up in well, cell gene, darn, right. It is talked healthcare filed tech baby. All right. Thank you very much for us. Mad money starts right now.

Gene Munster CEO Karen musk Grasso square Pete Scott CBS Steve Tony three hundred twenty five doll eight percent
"cap bax" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:30 min | 2 years ago

"cap bax" Discussed on Bloomberg Radio New York

"Shopping search ads despite regulatory troubles, in Europe, the European Commission has of course fine Google. Five billion dollars, for how it conducts its Android operations this is a fine that Google is appealing but in the meantime. They will accrue that fine over the course of the next quarter take a, listen to Google CEO Sundar Pichai talking about how they are approaching this ruling as of now we. Will always take constructive approach will appeal the Commission's physician and take the due process available, to us but we're. Also looking forward to finding, a solution above all the preserved Enormous benefits of Android users and, so on so there is more work to be. Done and I think it will become clear SP go along but I'm confident that we. Can find a way to make sure. Android is available at scale. To to use. His everywhere now the big question. Will be will handset maker start charging Google to, pre install apps on handsets like Samsung handsets for example but that of course remains to be seen I did speak, with alphabet CFO with poor. At in a phone call and she. Strongly attributed the growth to mobile I she also talked about. Where Google is investing in says they're continuing, to invest in growth, we do see cap Bax going up again this quarter and it. Sounds like that is going to, continue she, told me our view is it gives you. A lens into, our outlook for growth it is supporting growth across the business it is search and ads it's newer business..

Google Sundar Pichai European Commission Europe cap Bax Samsung CEO CFO Five billion dollars
"cap bax" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:02 min | 3 years ago

"cap bax" Discussed on CNBC's Fast Money

"Name brand sound one leads widely maybe there's never just one cockroach all right let's take a technology here next guest says said to sell the space back in march a listen by stuff that has boom and growth and we've seen tech significantly outperformed through this fall environment and about now six weeks after that vault peak you start to see those momentum stocks fade and tech in the crosshairs of regulatory scrutiny and trade wars i think is a logical place to reduce exposure tactically since that call the exile k the tracks technology is up seven percent that call us since march twenty eighth which is about two weeks after the tech atf bottomed ubs strategist keith parker is back with us now with the mayor culpa on this tech call to explain his brand new call and the sector key thanks for coming back thank you for having what do you think you missed so our viewers march twentieth twentyfirst was a logical point where that you do typically see that momentum pullback we got that on a relic basis tech bounced around a bottom what did we get in terms of earnings blowout earnings so we saw that rotation settling down we've been strategically overweight throughout on the back of tech spending going up profit growth twenty plus percent productivity we spending on software services and cap bax within the tech sector surging seventy plus percent year over year that gets recycled back into the sector and lastly leadership usually doesn't change and so we saw that with energy last cycle tech previous cycles staples before that and so we see tech leading us higher from here we do see on down days in the market the drawdown in technology and that sector seems to be more severe that in other sectors because it has been a top performer does that concern you longer term or do you think that the trend and its leadership position remains intact despite that i think we have the fundamentals we have some of the regulatory uncertainty some of the other overhangs we've seen the techs.

keith parker seven percent six weeks two weeks
"cap bax" Discussed on Digiday Podcast

Digiday Podcast

02:02 min | 3 years ago

"cap bax" Discussed on Digiday Podcast

"In just like people who built cable networks in the eighties nineties one at all of the cable systems to survive there's eighty to ninety million cable households i want those all two zero and i want everybody in the united states to have hulu or youtube tv or filo or one of these systems or sling and we're going to we're going to be in the prime real estate on every one of those we're going to be right we are we're right next to cnn right next to cnbc if that category wins we're going to be great do you think your yet at the same quality level as cnn cnbc do i think that my company with one hundred and thirty employees that has burned a total of five million dollars in his three million cap bax is of the same quality of multibillion dollar conglomerate owned networks yes no i don't think it is but you know what i don't charge a distributor anything so their product has to be infinitely better than my my product is younger better faster and cooler than all their products but as a consumer i'm just saying what do i want to watch right now we had on interview with anthony scaramucci we had a senator on yesterday we had the cast of super troopers we had the cro cloudflare i mean i don't know you told me i think it serves the need man we'll be right back after a quick break for a word from our sponsor today sponsor is air table the own one collaboration platform teamwork has never been more important and that's hard to pull off an environment like today's where everything is constantly changing and our air table this is a tool that can fit your process but it's also powerful enough that it keeps everyone on the same page time for instance uses air table to manage its entire creative process from the original idea to the creation of the content to actually get out the door air table empowers you to do your work your way try it today visit air table dot com slash digitally to receive fifty dollars and free credits thank you table now back to the look we saw this in texts like i think like business insider is a great example of early on business.

united states hulu anthony scaramucci senator cnn cnbc five million dollars fifty dollars