39 Burst results for "Cnbc"

Fresh update on "cnbc" discussed on Howie Carr

Howie Carr

02:09 min | 25 min ago

Fresh update on "cnbc" discussed on Howie Carr

"We hear the Elizabeth Warren cut the end of it. She was talking to Joseph Joe Karenin from us from CNBC, and she was done. She kept asking her tough question. And she would she dodged. We don't need to hear that. Whole thing. But if you could just like, pick up, it's like with 10. Seconds to go, Jared and you know, asking about the You know he's asking about the wealth text to 2% asset. If it's an asset, it all don't interrupt. I hope you're embarrassed to ask of two cents is consistent, Torrey. This is to sense Who sets that's our two cents worth. Let me let me ask you this Elizabeth Warren. Maybe we should. Maybe we should take away your mansion in Cambridge because you've got a tax free. Alone. From Harvard University to buy that when you were a fake Indian Member that and you know, one of the Texas had a good question about this whole 2% tax on on wealth, inherited wealth or or just Well, not income wealth. About Harvard University. Herbert Universe. I think the endowment is worth $60 billion. I think it goes up there. She wants a 3% tax over a billion. So what isn't Harvard have to come up with what? What would that be? $180 million a year. They're 60 billion. I think that would be fair, wouldn't it? Only it's on Lee, three cents on the dollar, right? She should have no problem with that. Justin, You're next with Howie Carr. Go ahead, Justin. It's the first of all of the show and just start being careful with that Mother Earth. It's a little bit sexist, you know, make it a little offended. Um Next when I was done on me. That whole $15 an hour from Biden. The didn't pass through the parliamentary proceedings in the Senate, right? How long.

Justin Howie Carr Joseph Joe Karenin $15 Jared $60 Billion Elizabeth Warren 60 Billion $180 Million Harvard LEE Cambridge Harvard University 2% Cnbc 10 Two Cents Herbert Universe 3% Tax Senate
Trump received COVID-19 vaccine in January, sources say

San Diego's Morning News with Ted and LaDona

00:30 sec | 9 hrs ago

Trump received COVID-19 vaccine in January, sources say

"President Trump and former first lady Melania Trump reportedly received the Corona virus vaccine in January at the White House. Tom Roberts has more Trump did not announce that he and Melania had been vaccinated before leaving office on January 20th. It's unclear which back seen the former president and the former first lady received a source close to Trump confirmed to CNBC their vaccinations, but declined to share any additional details of context. The pair both tested positive for the virus last year, which lead then President Trump to be treated at Walter Reed Medical Center.

President Trump Melania Trump Melania Tom Roberts Donald Trump White House Cnbc Walter Reed Medical Center
Fresh "Cnbc" from South Florida's First News with Jimmy Cefalo

South Florida's First News with Jimmy Cefalo

00:55 min | 9 hrs ago

Fresh "Cnbc" from South Florida's First News with Jimmy Cefalo

"Follow on Twitter at our Insana and this website is runnin something dot com Check. Mind CB CNBC. Thanks for talking to and take care of them. Thanks to be different. All right sign 46 get a check of are trending stories with many. Many is kind of look at that man was you got Jamie? After months of playful, sometimes embarrassing interviews with his brother, CNN's Chris Cuomo last night was forced to finally address the issues facing brother New York governor Andrew Cuomo. The sexual harassment issues didn't mention the lying about nursing home deaths issue didn't actually mention the specific Issues to begin with. But you don't watch the video exactly what the CNN anchor had to say about his brother and covering that kind of story. It's on in your blood. Jimmy. The several of Lage wi be dot com. All right. Sounds good. Thanks, baby will come back and just a couple miles, wrap things up for a Tuesday morning. At the 9 52. We got lots of we got lots of good news today. I think there's a good day and we'll have that for you straight ahead here on NewsRadio 16 wi Odie. We've become so much more than a fixed frequency from a radio tower were available on multiple platforms and it's a C easiest following us on Facebook incident Twitter Just click on.

CNN Chris Cuomo Jimmy Jamie Tuesday Morning Twitter Today Facebook Insana Last Night Cnbc Andrew Cuomo Odie Miles York 46 Newsradio 16 NEW Governor COM
Bumble Goes Public & Bans Body-Shamers

Business Wars Daily

03:22 min | 4 d ago

Bumble Goes Public & Bans Body-Shamers

"Past year between the presidential election social unrest caused by racism and discrimination. A lot of companies have had the chance to come forward and make their missions and values known. But there's one company that's been forthright about their stand on social issues from the beginning and it may surprise you but that's the dating app. Bumble unlike other dating apps bumble allows only female identifying users and heterosexual matches to make the first move or send the first message as it were the app which launched in two thousand fourteen seeks to empower women. Looking for love and make up of the company itself is full of women in power its founders female and seventy percent of its board members are women that's basically unheard of in the corporate world. Bumble hasn't been shy about taking a stand before in two thousand eighteen in the wake of the deadly school shooting in parkland florida the band users from sharing images of guns or other weapons at the time. Ceo and founder. Whitney wolf told time magazine quote we will always put our values above our bottom line unquote well. The company recently had a chance to once again. Put that promise into practice. In late january bumble told it's now forty two million monthly users that it was explicitly banning any form of body shaming on the app in a statement they defined body shaming as quote forcing. Your opinion of a good body onto others unquote. They said they would prohibit users from sending messages critiquing. Someone's body or sharing that a certain body type was unacceptable or undesirable in their user bios and they explicitly said language that could be deemed fat. Phobic ablest racist colorist. Homophobic transphobic had no place in their app and algorithm will flag such language bumble will give rule breakers a warning and repeat incidents can cause a user to be banned from the app entirely anyone who feels like they're the victim body shaming meanwhile. Ken report a user through the app. The move came just a few weeks before bumble went public which made ceo and founder heard the youngest female founder to take a us company public and the youngest self made female billionaire bumble sold fifty million shares in its initial offering reports. Cnbc heard is no stranger to dating apps she cofounded competitor tender and twenty twelve. She left tender two years later and soon after filed a sexual harassment lawsuit against the company the parties eventually reached a settlement tender has community guidelines that discourage users from harassing and mistreating other users and relies on its estimated fifty million users to report violations of these rules last year the company began using a new machine learning to the help flag offensive messages according to wired but it's diverged from bumble and other ways following fumbles move to ban images of guns attender spokesperson told mashal that quote. We're not banning guns. We don't have a blanket ban of guns unquote tenders owned by match group which also owns dating apps hinge match and okay Prior to going public bumble said it acknowledges its competition but that online dating is not a quote winner takes all market reported. Cnbc that's because the company said most people have an average of two different dating apps on their phones and with this move bumble is hoping that if you were tired of body shaming and other offensive comments that can play the online dating world. You'll make one of those apps bumbled

Whitney Wolf Bumble Parkland Time Magazine Florida Cnbc Mashal KEN Match Group United States
Fresh update on "cnbc" discussed on Chris Plante

Chris Plante

00:51 min | 10 hrs ago

Fresh update on "cnbc" discussed on Chris Plante

"He's been president for how long now about 40 something based and he still hasn't held a press conference and the media adores him for it. They want to run their tongues up and down his naked edifice on, say, Cobra Cobra Cobra over and over again. They want to give him a tongue bath because he doesn't actually respond to questions from the press. President Trump exhausted the news media by taking more questions than they had. He didn't take questions and question whether it's in the briefing room or on the South Lawn when the helicopters there at Andrews Air Force Base, I so called engines their joint base, Andrews and the Andre would exhaust them by taking other questions. And then they write terrible, nasty stories about him and say that he doesn't treat the press well enough because they're a vicious pack of blood, bloodthirsty jackals. In fact, there is a the other day Michael Pierce. He pointed out some angry listener tweeting at us. How dare I refer to them as bloodthirsty jackals? You know the Democrats because they're bloodthirsty jackals in the organ harvest and all that stuff. And so I pointed out from time to time because it's appropriate to do so. Today. There's a New York Times reporter who was recently fired, said they say wasn't fired because he was just forced to resign. And they said, it's different. That's like, you know, when Hitler had Rommel commits suicide didn't kill him just ordered him to commit suicide. It's kind of the same thing at the New York Times and S O this professor who has this professor This fake journalist guy who says that? Um Ah, well, he was forced out. He is the one who took the school trip to Peru. Any allegedly used racial slurs while he was saying these are words that should never be used. And then years later, he was destroyed. His career was destroyed for it, and he has come out. He's written little piece about The New York Times kind of a defensive, but it's not really a defense because he's not very good at defending himself, and he's not a very good writer, either or a very good reporter, But he's the guy that was for history, and he calls the journalist jackals. It calls them jackals. We need to send that article back to the guy that was tweeting angrily at us. You know these crazy liberals here, But he calls the New York Times and other journalists because them jackals, which is what I call them, and it's like, Hey, wait a minute. It's the first time I've ever agreed with The New York Times reporter at least in a very long time. I'll get to that story on the jackals of the news media, but Joe Biden, no press conferences for him and he doesn't have to, because they you know they voted for him, and they prove it every day. They vote for him every day when they show up to the White House. And when President Trump should remember all the screaming and yelling at the trump briefings in the pack of bloodthirsty jackals that call themselves the White House press corps you saw the other day I didn't even get to this. Yesterday, The Biden White House announced that they're going to start charging reporters to enter the White House and not an insignificant fee, either It was and they said, Well, no, it's for the testing. It's for Wuhan. Testing When you walked through the door every day, we're going to test you for the woman. The charge you for it naturally, because you know, it's it's what we do. And the press said. Thank you, sir. May I have another now? May I cut your lawn or you know what Come your daughter's hair. Anything like that. How many grandkids does Joe Biden have? Because it's a mystery. Nobody knows nobody. Well, Joe Biden doesn't know. I guess the rest of it. He never counts. Hunter, Biden's bastard Children. Money. Bastard Children. Does Hunter Biden half Does it just wonder is there because we've got the stripper baby Mama, right from the K Street strip, ary and downtown and all that stuff. And then she moved back to Arkansas. I think she's American, so, but he doesn't really know great stuff. Also with the Biden White House, they don't have told a press conference. The press adores them. They worship them. They voted for them. They despised Trump Remember the screaming and the yelling and the shouting over each other, And now it's It's as quiet as your grandmother's has early in the morning. It's It's Excuse me. I have one play wet. Will there be a briefing? Another won't be sit down and shut in the time. Sorry for asking for asking the question. I'll resume my sniveling and groveling again. Has prescribed good thing. So no press conference necessary for him. Also. Now he's decided that there will be no punishment for the Saudis. The stuff for Mohammed bin some on MBS Big because he had that guy Kashiwagi chopped up in turkey, Right? And now I mean, you've got to keep in mind that Barack Obama targeted and killed American citizens and drone strikes. And the press praised him for it. And on President Trump didn't take stern action even though the investigation was still ongoing. Well, Donald Trump was president into the Kashiwagi killing and whether the Crown Prince Mohammed Bin Sama, was behind that the investigation was still ongoing, but the press was very angry with him because they Here's the headline from The Washington Post at the At the time. The ugly story of Trump and Jamal Kashiwagi is confirmed. That's The Washington Post Washington Post headline on Tao. Now that with the report is out in the report, the intelligence community investigated and they just released the report to the president in the White House. And then they found that Yeah, um Mohammed bin Salman was behind the chopping up of Kashiwagi. And Biden and the White House. They've announced that they're not going to do anything about it. So here's the post headline again before the report was out. The ugly story of Trump and Jamal could show G is confirmed, and it's very dark and sinister story. Now, Biden says. What? We're not going to do anything because, you know As we don't care because they don't care about human life. They just want to know if they harvest the organs, and the headline in The Washington Post Today is inside the Biden teams deliberations over punishing the Saudi Crown prince. See, that means they're not going to do anything. That's what that means. Andre and Biden retreats from vowed to make pariah of Saudis. Say he's not gonna make prize at a because he's not going to do anything because he's a suck up and he has no moral compass whatsoever. And if he had won, he wouldn't know where it is that it be lost in his sock drawer or something. Biden need Saudi support That makes it tough to push for human rights is the headline from CNBC say President Trump was a villain. He was a bad guy because he didn't act swiftly. I think he was supposed to bomb Saudi Arabia. Because you know our allies, our enemies and our enemies or allies. At least that's Democrat world. It's good to be a Democrat, because it doesn't matter what you do.

Joe Biden Michael Pierce Arkansas Donald Trump Jamal Barack Obama Peru Mohammed Bin Salman Jamal Kashiwagi Hitler Hunter Rommel Hunter Biden Cnbc Yesterday Today Mohammed Bin South Lawn K Street Strip
Why stock investors are starting to really worry about rising bond yields

C-SPAN Programming

00:34 sec | 4 d ago

Why stock investors are starting to really worry about rising bond yields

"On Wall Street. Some big one day losses, the Dow dropping 560 points. The NASDAQ was off by 478, the S and P was down 96 CNBC dot com, explaining today's big drop Quote stock investors are trying desperately to interpret what it rise in bond yields would mean for the stock market here of inflation is causing investors to speculate that the Federal Reserve may have to shift policy sooner rather than later by either reducing bond purchases or even possibly raising interest rates at some point later this

Cnbc Federal Reserve
Fresh update on "cnbc" discussed on The KFBK Morning News

The KFBK Morning News

00:23 min | 10 hrs ago

Fresh update on "cnbc" discussed on The KFBK Morning News

"I'm sure repressed him. Drug makers are among the most competitive businesses in the country so word that one is teaming up with another to help produce more covert vaccines caught a lot by surprise. Baby sees Karen Travers Reports from Washington President Biden today is expected to announce a major partnership between two American farmers. Political Cos. Merk will help make the Johnson and Johnson single shot covert 19 vaccine a rare partnership between two pharmaceutical giants who are competitors. The White House confirms this announcement, which was first reported by the Washington Post. Johnson and Johnson has said it expects to be able to deliver 20 million shots by the end of March and 100 million by the end of June. It's not clear how this partnership with Mark will change that timeline. Karen Travers, ABC NEWS Washington, The head of the CDC now says it's not the time to get complacent about wearing a mask covert cases up last week for the first time in more than a month, another woman is now come forward, accusing New York Governor Andrew Cuomo of sexual harassment. Baby sees Erica Turkey has more at the 2019 wedding of one of governor Andrew Cuomo's AIDS. Then 31 year old and a Root told The New York Times he asked to kiss her. The two would just met, she said Cuomo had his hand on her. We're back, and when she removed it, he called her aggressive. The account was all New York Congresswoman Kathleen Rice needed to hear she became the highest ranking Democrat to call for Cuomo's resignation. Other Democrats prefer to wait for the outcome of the state attorney general's investigation. The voice counts, releasing a bankruptcy plan and hopes of settling thousands of sex abuse claims. CNBC's Jim Ryan, whether time the filing deadline arrived in November, nearly 95,000 men had come forward, claiming that they had been sexually abused during their time in scouting. Boy Scouts of America has proposed paying $220 million into a trust with another 300 million coming from local councils. Would amount to about $6000 paid to each former scout whose claim is considered legitimate. Some say, that's not nearly enough. You're listening to ABC News, All right. We have 6 10 now, so it's time to check in on those super commuters..

Cuomo Karen Travers Jim Ryan November $220 Million Erica Turkey Boy Scouts Of America Kathleen Rice TWO 2019 Last Week 100 Million Abc News CDC Democrat 300 Million Cnbc End Of March Today End Of June
If You Sell Your Bitcoin, Michael Saylor and Jack Dorsey WILL Buy It

The Breakdown with NLW

04:37 min | 5 d ago

If You Sell Your Bitcoin, Michael Saylor and Jack Dorsey WILL Buy It

"Before powell spoke investors had started to get nervous in the us around the potential for an early unwinding of the fed's extremely aggressive approach to keeping rates low and stimulus etc. Because of this the market was getting out of stocks and into treasuries driving the yield of treasuries down and by the way if that sounded like greek to you. We're actually going to do a macro one show. And a bond specific show as part of that new kiddo show set as well either way powell gave testimony to the us senate banking committee on tuesday and said that the economic recovery remains uneven and far from complete and the path ahead is highly uncertain the bloomberg headline this morning about it said powell reiterates view that labor market has a long way to go. Pow pointed out that there are ten million fewer people employed. And that's a long way to go to maximum employment and this is really important the mandate the fed is actually two parts market stability. But it's also full employment the tools however that they have to achieve that full employment are limited and what we've seen is that asset prices tend to benefit before full employment is reached over the course of this year. We're likely to shift from the market stability part of that equation to the full employment part of that equation but it still promises a pretty aggressive approach from the fed powell also mentioned digital currencies saying it's a priority and that they'll be reaching out to congress about it in twenty twenty one so we'll have to come back to that soon next up on the brief today trouble in arc land i have discussed kathy would and arc pretty frequently here most recently in the episode last week i find it interesting. How a lot of the macro dynamics that are potentially interacting with bitcoin might be interacting with arc funds as well arc has seen a stratospheric rise over the last year but has been hammered. The past few days in fact it started a couple weeks ago as people started to get nervous about how concentrated arcs of some of their companies were remember. Our funds have specific feces around innovation. So there are frankly. Only so many companies they can buy if their fund owns to high percentage of those companies. The fear goes it could create risk in both directions that an issue in one company could create broader risk for arc or vice versa that arc could create new exhaustiveness risk for the companies themselves over the past few days however the concern has been less about that and more about this rise in treasury yields the innovation. Etf which is their flagship. Fell three sessions in a row. It had its worst today. Drops in september and again basically these yields were reflective as we just discussed of investors thinking that there was going to be pressure for rates to rise and for fed support on wind earlier than expected because of that they were moving out of the pricier parts of the market. I e tak. Now for her part. Kathy would said she wasn't worried said that she welcomed the correction and to be fair. She's gone from three billion assets under management in january twenty twenty two more than thirty in january twenty twenty one to more than sixty billion last week still. I think this is worth watching as a reflection of the bleeding edge of the markets. I don't think. Bitcoin is so correllated that you can watch these things move in tandem. But i do believe that. There's some proxy for how traditional investors might think about bitcoin at any given time based on the macro context lasts up on the today. Let's talk about the latest out of india. India as we've discussed has been very aggressive. Vis-a-vis crypto currencies with that seeming to only heightening right now a couple updates from the last few days rakesh ginger who's likened to an indian warren buffett. The billionaire investor he told. Cnbc never buy bitcoin that. Regulators should step in and ban cryptos in india and called bitcoin speculation of the highest order. So pretty much that. Warren buffett description is accurate at least when it comes to opinions on bitcoin at the same time however he also stated that india should focus on the creation of an official digital rupee. This was echoed by comments of reserve bank of india governor who reiterated that. The rbi has major concerns around cryptos but that they are working aggressively on a digital rupee. I wanted to point this out. Because i think it shows just how much india is going to really draw. This contrast between killing cryptos private cryptos and network cryptos while simultaneously trying to harness that momentum for an official central bank digital currency is that paradigm. That one can't survive while the other one does or are there different ways to look at

Powell FED Us Senate Banking Committee Bloomberg Kathy India Congress Rakesh Ginger Warren Buffett Treasury Bitcoin United States Reserve Bank Of India Cnbc
Did Bill Gates Seriously Short TSLA Stock

Tesla Daily: Tesla News & Analysis

05:37 min | 5 d ago

Did Bill Gates Seriously Short TSLA Stock

"Robbed our here and today we're going to be talking about bill gates response to on musk's claims the oregon podcast a couple of weeks. Back that get heard. That bill gates had been shorting stock. We've also got some news on the broader electric vehicle automotive market an interesting response from yvonne on an article from the washington post. And of course. We've gotta talk about tesla stock. It's about wild couple of days. We had the interview yesterday with alex rotter so we didn't get a chance to talk about it. But of course yesterday. Tuesday february twenty. Third tesla dropped to a low of six hundred nineteen dollars per share. That was down more than thirteen percent from the prior. Close then of course. We saw us swift recovery in the market. And from tesla tesla finishing down just two percent yesterday on the biggest volume day that we've seen in over a month and a half with sixty six million shares trading hands yesterday. So i talked about on monday and we briefly talked about yesterday in the interview as well. A lot of this is tied to expectation on interest rates. So yesterday fed chairman. Jerome powell made comments to congress. Indicating the current monetary policy is expected to continue for some time as economic uncertainty remains so not to get too deep into that. We've talked about that. Of course in the past but as far as tussles yesterday certainly was not isolated to tesla. Those sort of concerns were broadly extended to high growth. Stocks tussle obviously falls in that category. And i think the volatility there serves as a nice quarterly reminder that you have to be very very careful with stop losses on a volatile stock like tussle as for today tesla continue to rebound finishing up six point two percent to seven hundred and forty dollars two cents. That compared to the nasdaq up one percent. All right so i up today. I want to continue a conversation that we began a couple of weeks back after yvonne. Musk went on joe. Rogan's podcast for the third time and said that he had heard from people he believes would know that bill gates had shorted tesla. Yvonne brought that up in response to a question from joe rogan on the tesla semi citing that bill gates in a blog. Post a few months back had said that eighteen wheel electric semi is probably would never work so allen's claim here understand. We drawing a lot of attention not the first time something like this has happened between musk and gates last year. He did by his first electric vehicle. The porsche ticon. Which at the time. Maybe it wasn't so clear why he didn't by ordering vehicle up until that point. Well now we might have a better answer for that. But he talked about the decision in an interview with marquez brownlee and it seemed to be a relatively tepid endorsement of electric vehicles gatesville right up ranging anxiety as a problem and elon. Musk responded to that interview. Not necessarily gives purchase of tycoon but those comments in general by saying that quote my conversations with gates have been underwhelming to be honest and so that catches us up to today and then we have launched claiming that he heard gates which tesla now in the last week. We've had both cnbc and bloomberg asked gates directly about that claim. I think gates tone is important these responses so i will play the actual clip. The i wanna hear from andrew. Ross sorkin cnbc asking gates so so you're not sure tesla's stock were clear. Yeah i'm not. I don't talk about my investment. But i think he should be very proud of what he's done. Okay so technically there. He did say yeah. I'm not but it sounded like he was more starting a sentence of saying yeah. I'm not going to talk about my investments not yet. I'm not sure tesla because he interrupts himself and says i don't want to talk about my investments so to me. That's a no comment. Rather than a denial. What's interesting here is his reason saying he doesn't wanna talk about his investments but in the exact same interview. He talks about his investments multiple times. He says quote when i invested in impossible foods or beyond me or quantum scape. I was doing that just to help their own climate. Now it looks like those three will be very successful companies. And so i'll have more money to put into the tough areas a climate like cement and steel and quote. Okay so he says he doesn't want to talk about his investments but then he in response to another question talks about his investments in impossible foods beyond me quantum scape and then how does investments are doing and that i'll have more money to then go on an invest in other stuff. I mean how much more could you talk about your investments. And he uses the first person tense. You're saying i invested. He's asked about bitcoin and he says quote. I don't own bitcoin. I'm not short bitcoin. So i've taken a neutral view and quote so for bitcoin. Perfectly fine to say i'm not short bitcoin. Same question for tesla. oh. I don't want to talk about my investments that we just spent a bunch of time talking about. If you're not going to answer the question at least come up with a better non answer. That doesn't immediately contradict yourself. He has to have known that he'll be asked about that and yet seems completely content guard answer so that was last week if there was any doubt left after that because he did start off. By saying yeah. I'm not before interrupting himself as we said. Here's gates on bloomberg yesterday so we had five days to think about this answering the same question from emily. Chang yuan has in the past claimed you shorted tesla and i wonder if there's any truth to that Well you know i think. Test us on amazed seen company I wish you know own. Been more on the long side. But i it's it's great And you know i have. Lots of relatives won't tassels Helped by for them. So you know nothing. But positive thoughts about tesla role. Okay so if the answer to the cnbc question was a bit of a flood. There was a clear opportunity to just say. Hey i'm not sure. Tesla was jor tesla and again gates passes and he sure doesn't look comfortable to me answering the question. Belief is that it looks pretty clear. That bill gates was short. Tesla who knows if he's still is it'd be surprised but come on. How are you going to be all about climate change and then short the one company that's doing more than any other company on earth to combat it. If you don't think it's a good investment you think it's overvalued you can just not invest in it. No one has any problem with that but too short it push the stock price down. Make it more difficult for tesla to raise capital. That's something else entirely.

Tesla Bill Gates Gates Alex Rotter Tesla Tesla Jerome Powell Musk Yvonne Ticon Marquez Brownlee Ross Sorkin The Washington Post Joe Rogan Rogan
Harley-Davidson Tries to Find Its Way--Again

Business Wars Daily

03:27 min | Last week

Harley-Davidson Tries to Find Its Way--Again

"Years the harley davidson motorcycle brand has been well a little lost. Its us motorcycle. Sales have dropped about forty percent since their peak a decade ago and while the strategy in recent years was to try to appeal to a broader base of writers the company's attempts at turning things around including the recent rewire initiative and the newer. One called hard wire seem more focused on getting leaner and doubling down on the company's core customer base a few years ago harley davidson began its quest to woo younger customers. It's boomer customer. Base was aging. And let's face it. It's tougher to write a hog with a bum knee in back but younger customers aren't choosing motorcycles for their cool factor. A cnbc report says instead. They want ease of transportation so they look for more practical brands like honda. Even harleys bowl plans to get two million more riders. Taking to the road didn't seem to be working. They opened riding schools and launch the electric livewire motorcycle. You may remember telling you about that. One with its thirty thousand dollars starting cost well. None of that work then. Of course the pandemic hit last year. The company closed plants in march. It restarted manufacturing in. May but the company cut shipment to dealers by seventy percent through the end of the year according to business insider and what about customers renewed interest in outdoor recreation which spurred sales of big ticket items like boats and swimming pools last summer. Well it helped. But it didn't lift harley sales enough to overcome its losses in october new. Ceo yuck insights took out the scissors and began making cuts international production gone. So we're about a third of the models in the company's product lineup he encouraged dealerships to close and he trimmed the workforce to including product teams developing new motorcycle models. The wall street journal reports the orange and black brand is veering out of many international markets and focusing on roughly forty target areas in north america. Europe and asia. It also spun off its electric bicycle. Operations and entered into a distribution agreement with indian motorcycle. Company hero harley will be shipping fewer bikes to dealerships making supply limited that may be part of the strategy to especially as the weather gets warmer in motorcycle. Buying season begins. But we'll targeting smaller core base of customers who love big heavy hogs work in a world that increasingly wants sustainable economical and even sharable electric vehicles harley. Davidsons team may but investors don't seem sure stock prices dropped after the company's new five year strategic plan was unveiled revenue and profit targets were smaller than many expected bloomberg reports. And well. there just wasn't a lot of substance there as one analyst put. A lot of this is what we're going to do but not how we're going to do it. Plus electric motorcycles have momentum. Right now. The us jessica tended tax credits for electric motorcycles. Through the end of this year and last week. Electric motorcycle manufacturer. Zero motorcycles announced a partnership with motorcycle rental in tour company eagle writer. The deal may zero motorcycles. Part of eagle riders premium brand lineup with full-size electric motorcycles available for rent in five locations immediately. Even the name of harleys turnaround plan. Hard wire seems a little old school a wireless era but then again that may be the point harley as focused on its traditional audience will soon see whether the plan pays off where they've gotten their wires crossed

Harley Harley Davidson Cnbc Honda Davidsons The Wall Street Journal United States Swimming North America Asia Europe Bloomberg Jessica
Treasury Secretary Janet Yellen says the unemployment rate "if properly measured" is close to 10%

Marketplace with Kai Ryssdal

01:42 min | Last week

Treasury Secretary Janet Yellen says the unemployment rate "if properly measured" is close to 10%

"Let me start you with thing. You've been writing about this week. And that six terry of the treasury janet yellen said on cnbc. I believe it was yesterday talking about unemployment and the stimulus package and the need to go big sector. Yellen said look unemployment is probably closer when you really Add things up to ten percent in this economy And i i'd love your take on that because that's not the official number. It's not it's a good bit higher. The official number is six point three percent which works out to about ten million people employed. She's implying it's ten percent which works out to sixteen million people unemployed. So how can she say that. Actually there's some pretty good basis for her to be saying that we know right now that were in the middle of a pandemic and that official six point three percent unemployment number comes from a survey that they do have about sixty thousand households. A lot of people aren't responding to that survey. A lot of people don't actually know if they're unemployed. That might sensitive silly when you think about it. But you know there's so. Many limbo categories. People are on furlough. People are told they may be called back in a month or two. It's it's kind of confusing. But the biggest factor of all the reason that she wants to add more people to the ranks is the problem of women dropping out of the labor force appearance and others to care for kids at home and to care for sick relatives. That's about five million people who have had to do that. Those people's jobs are clearly gone because of the pandemic but they're not counted as officially unemployed. Because you have to be searching for a job in the past month to be part of the official unemployment number

Janet Yellen Yellen Cnbc Treasury Terry
UK Supreme Court Officially Smacks Down Uber

Techmeme Ride Home

01:19 min | Last week

UK Supreme Court Officially Smacks Down Uber

"In a major blow to uber and other gig economy companies. The uk supreme court has ruled. That uber drivers should be classified as workers not independent contractors concluding what has been a five-year high profile legal battle quoting cnbc. Judges voted unanimously to dismiss uber's appeal against the ruling. The decision could have huge implications for uber's uk business as well as the wider gig. Economy in two thousand sixteen and employment tribunal ruled in favor of drivers led by yacine as lamb and james farrar who claimed they were workers employed by uber and therefore entitled to certain labor protections. The supreme court ruling could jeopardize uber's business model in the uk resulting in higher costs for the firm though it only concerns drivers involved in the two thousand sixteen case. It sets an important precedent that could affect other uber. Drivers and gig workers uber will now have to go back to the employment tribunal to determine compensation for the concern drivers. There are around a thousand similar claims against the company that had been waiting in the wings until after this ruling and quote china. Gauche points out on twitter. That quote uber's very keen to point out that today's ruling only applies to the group of drivers about twenty five. Who brought the original case. So we're not immediately looking at huge increases in payments slash costs here and britain and

Uber Yacine James Farrar UK Supreme Court Cnbc Lamb China Twitter Britain
Treasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk in not doing enough

Wall Street Breakfast

02:50 min | Last week

Treasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk in not doing enough

"Doubles down. The stock market record highs seemed to have fizzled in recent days with the s. and p. five hundred falling for a third straight day on thursday fears of inflation may be at work here. There are concerns that if all the stimulus being pumped into the financial system works that it could begin pushing up prices that may be risky for stock market. Investors as money flows back into the rising yield bond market. In fact a sizable selloff has been seen in the us. Government bond market over the last six weeks yields on the ten year treasury note have climbed during this process from one percent in early january. Two one point three percent this week quote. We think it's very important to have a big stimulus package that addresses the pain. This has cost fifteen. Million americans are behind on their rent. Twenty four million adults and twelve million children. Who don't have enough to eat. Small businesses failing and quote so said treasury secretary. Janet yellen in an interview with cnbc yesterday. The treasury secretary added quote. I think the price of doing too little is much higher than the price of doing something big. We think that the benefits will far outweigh the costs in the longer run and quote asked whether the surge in federal spending could prompt a sustained rise in inflation. Yellen responded that. It was a risk but that inflation has been very low for many years and that the fed could always mitigate that risk by raising rates. According to speaker nancy pelosi. The house aims to pass. Its one point nine. Trillion dollar corona virus relief panel an before the end of february to be a deadline on sending key unemployment programs. Going a little deeper here. Yellen said that the white house will likely propose a second economic recovery package later this year that would include spending on longer term investments like infrastructure renewable energy education job training and research and development. This proposal would also include tax increases on corporations and on wealthy americans that would quote phase in slowly over time and quote of course during the campaign. President biden proposed raising the corporate rate to twenty eight percent from the current twenty one percent before president. Trump's tax cuts in two thousand seventeen. The rate was thirty five percent

Treasury Yellen Janet Yellen Cnbc Nancy Pelosi Corona United States FED White House President Biden House Donald Trump
A Complicated Tax Season is Coming

Business Wars Daily

03:59 min | Last week

A Complicated Tax Season is Coming

"From wondering. I'm david brown in this business. Wars daily on this friday february nineteenth. Happy friday everyone. I think ben. Franklin put it simply enough. Nothing is certain in this world exempt death and taxes so yes even in the midst of a global pandemic after a year that was completely upside down. Tax season is upon us and boy. Is it going to be complicated this year. That's because of the covid. Nineteen pandemic of course and all the changes to the tax code that came with it. Think unemployment insurance. Ppp loans for a one k. Withdrawals stimulus checks recovery rebate credits. Pretty head-spinning isn't it. If there's one year to switch from filing your taxes to enlisting help well this just might be the year to do so at least. That's what tax assistance companies like turbotax h. and r. block. Want you to think the first day you can file and get a refund. This year has been pushed back around two weeks to let the irs get itself sorted but the delay hasn't stopped both turbo. Tax donation are blocked from getting out in front of potentially tax wary customers. Perhaps you saw quirky earworm filled ads for both companies during the super bowl around forty million people filed taxes on turbo tax which is owned by into it in two thousand nineteen far more than any other tax preparation product according to propublica the company. Let you file for free if your income is under a certain threshold and if you only need to file simple returns without claiming any deductions or credits. But this year a situation that simple is unlikely which means turbo tax could make a pretty penny they also charge more for folks who are self employed and for filing state returns in multiple states. Who would file multiple state returns. You ask well people who work remotely and don't live in. The same state is their employer and offices shut down early last year. A lot of people made the move to do just that which could cause some serious tax headaches. Turbo tax will help you through those at cost of course meanwhile h. and r. block had about half the number of turbo tax users and twenty nineteen. But it's also a bit less expensive filers using h. and r. block have the option of dropping off paperwork at actual brick and mortar offices. Sounds wild right now. Turbo tax in hr blocker just to the big dogs in tax preparation. But there are hundreds of locations across the us where qualifying individuals can get help filing taxes for free in any other year. If you make less than a certain threshold if you have a disability if you're over a certain age if you are learning english if you're currently experiencing homelessness you can sit down with an irs certified volunteer. Who'd help you prepare your taxes. But this year well kovic has changed that of course in person volunteer programs have largely moved online. And that's a barrier for folks who can't access technology leaders of these free federal programs fear that millions of americans could miss out on free tax help according to cnbc. Now there's one thing that could fix the headaches that usually come with taxes every year and help more americans keep more money in their pockets. And that's the us government choosing to make filing tax returns simple and free for most citizens. The government has the power to do this but according to a twenty nineteen investigation from propublica Certain company is making sure attempts to make free. Filing widely accessible are thwarted. What company would that be. You ask we'll that would be in to it. We jones turbo tax

David Brown IRS Franklin Propublica BEN Headaches Kovic Cnbc United States Propublica Certain Company Us Government Jones
Impossible Burgers Will Keep Getting Cheaper, in Long-term Bid to Undercut Beef

Business Wars Daily

03:03 min | Last week

Impossible Burgers Will Keep Getting Cheaper, in Long-term Bid to Undercut Beef

"Let's say you go to the grocery store pickup something that looks and tastes like what you normally buy. But it's a little bit cheaper. Would you buy it sure you might say. But what if that item was so called fo meet. That could change things but impossible. Foods hopes it doesn't the meat. Alternative company has been very transparent about their long term plan undercut meat prices by slashing their own prices lower and lower and lower. It's an interesting move to make during a time when meat alternatives like the company's impossible burger actually increasing in demand. More people are moving away from meat products for health environmental or animal welfare reasons and covert outbreaks hit meat. Production facilities have subdued some demand for beef chicken and pork. So what's a meat lover to do. And maybe try and impossible burger which trust me on this one looks tastes a lot like an actual beefburger but for tried and true meat lovers. It can take a lot to put down the burger and pick up not burger as it were so impossible. Foods is hoping that prices can be the tipping point if they can make their prices lower than standard meet customers might be more willing to try burgers and even quote pork made from plants in january. The company cut its wholesale prices by about fifteen percent. Cnbc reported that the cuts brought the wholesale price of the impossible burger to six dollars and eighty cents per pound. Meanwhile the average wholesale price of beef patties as of january first was five dollars and thirty two cents per pound according to a us department of agriculture report with wholesale prices down impossible announced this month that grocery store prices would be slashed as well by around twenty percent. The suggested retail price for an impossible burger would drop to around five dollars and fifty or seven dollars for a twelve ounce package of ground Faked beef according to reuters priced per ounce that's similar to the average price of a sirloin steak so impossible foods is getting closer to their stated goal of quote undercutting the price of traditional ground beef from cows rival beyond meat inc is also trying to level up more down with the meat industry. Last summer they introduced a ten. Pack of patty's you could pick up at a target or walmart for just over a buck fifty per patty. Just in time for barbecue season beyond. It's beyond burger. That company also sells meatless sausages and ground. Beef crumbles for tacos. You know they're not real ground beef. It's the non-beef stuff. Those are products beyond has that impossible. Doesn't which may help draw. Suspicious meat eaters into the fray for now though despite the big plans it's still cheaper for consumers to walk into the grocery store and pick up real actual meat even with the phone meet price slashing. It would seem that undercutting the trillion dollar animal protein industry is a matter of time and text

Us Department Of Agriculture Cnbc Beyond Meat Inc Foods Patty Reuters Walmart
Apple reportedly developing next-gen ultra-thin displays for AR devices with TSMC

Daily Tech News Show

05:30 min | 2 weeks ago

Apple reportedly developing next-gen ultra-thin displays for AR devices with TSMC

"Nikei sources say that apple partnered with chipmaker. Tsmc to develop micro. Ola displays would displays built directly onto chip wafers for use in our future. Headsets that displays underdevelopment are less than one inch in size with mass production estimated several years away the beta for iowa's fourteen point five adds accident hazard and speed check reporting to apple maps. A new report button is available in the bottom tray of maps to report incidents and voiced support for siri is available as well and analysis by cambridge university university although they probably have anniversaries also estimates that bitcoin mining consumes roughly one hundred twenty one point three six terawatt hours of electricity per year which would make a top thirty energy consumer if it were used by country however for context the researchers noted that electricity consumed in the us by always on inactive could power the bitcoin network for year. I liked that comparison there. It's like yeah that sounds bad but then also that Following its launch in australia. Google new showcase launched in argentina and the united kingdom offering now includes free and paywall two articles for more than one hundred twenty uk and forty argentinian outlets bringing its total to four hundred fifty publications twitter announced monetize daily active users increased twenty seven percent on the year in. Its q four to one hundred ninety two million but missed analysts expectations of one hundred ninety three point. Five million with growth slowing for the third consecutive quarter. Twitter also said wednesday it suspended more than five hundred accounts and reduced certain hashtag visibility in india to comply with several orders from the indian government amidst farmers protests on agricultural reforms in the country. The twitter accounts are only being blocked in india and don't include news media entities. Journalists activists were politicians who have twitter accounts and twitter. Cfo ned siegel said on cnbc. Wednesday that people removed from its platform are not allowed to come back and that applies to president donald trump. Even if he ran for office again. All right let's talk a little bit more about what twitter is planning jack dorsey. He's been talking a lot about decentralisation over the past couple of months what did he say. This time scott feels like every time i'm on the show. There's something about his little idea but on this same call with investors on tuesday twitter ceo. Jack dorsey explained how it's internet project or internal project rather called blue sky and this something. He first announced wave back in december of two thousand nineteen Could create a decentralized social network to give people more choice over their twitter twitter experience Dorsey said twitter might create multiple rhythms for you to choose from offer them alongside those made by others a sort of marketplace on a lot of detail beyond that but dorsey feels Choice like this would not only help out business. But dr more people into participating in social media in the first place Decentralisation could also help twitter address concerns about moderation neutrality. all that kind of stuff Pretty fascinating idea I i still hope he does it with partners. And not just a a twitter store with algorithm skins. Well i mean it sounds like it's it's a combination of both the way twitter sees it happening. The company itself would say all right. You might want this experience. We have enough user feedback to know that some users are frustrated with the kind of stock twitter experience and using hashtags and maybe Filtering out certain keywords or searching for users or topics isn't enough for you you want twitter built a certain way and we can do that for you but then the company saying also third party developers might have some really great ideas and we welcome those algorithms as well as long as you know people wanted that. Could this be something that people would potentially pay for in the future. I would think yes. Yeah although i mean his focus on decentralisation implies that this would be something out in the wild right to the for longtime twitter's been talking about maybe we'll partner up with an existing decentralized solution which there are a few out there like mastodon. And i think that's a really really interesting way to approach this to say what if we decentralized twitter and differentiated twitter is just one of the better ways to talk with folks but like you said scott. He thinks that would help drive more people into participating if there was a federation so to speak that mastodon is that right now but twitter isn't part of mastodon so you don't have enough people using it so it doesn't get that momentum that it needs if twitter gets behind something like that whether it's mastodon or something else then suddenly it's got momentum and if you could say like well what i would like is a more environmental spin on this. I want a more libertarian. Spin you know wanted to promote things that are more about molecular biology promote scientists. I want i want to have a spiritual issues in christianity. Promoted more you you could have that and still everybody be participating in the same network and to his point about moderation neutrality. If you're the one picking the algorithm then you might have issues with how that particular algorithm works. But there'd be less burden on twitter or any other participant to be the person in charge of deciding what gets promoted and what doesn't because you'd have a lot of different approaches to it

Twitter Cambridge University Universit Jack Dorsey Cfo Ned Siegel Chipmaker President Donald Trump Tsmc Apple United Kingdom India Indian Government Iowa Argentina Cnbc Dorsey Scott Australia
Twitter suspends over 500 accounts in India after government warning

Daily Tech News Show

00:48 sec | 2 weeks ago

Twitter suspends over 500 accounts in India after government warning

"Twitter announced monetize daily active users increased twenty seven percent on the year in. Its q four to one hundred ninety two million but missed analysts expectations of one hundred ninety three point. Five million with growth slowing for the third consecutive quarter. Twitter also said wednesday it suspended more than five hundred accounts and reduced certain hashtag -bility in india to comply with several orders from the indian government amidst farmers protests on agricultural reforms in the country. The twitter accounts are only being blocked in india and don't include news media entities. Journalists activists were politicians who have twitter accounts and twitter. Cfo ned siegel said on cnbc. Wednesday that people removed from its platform are not allowed to come back and that applies to president donald trump. Even if he ran for office again.

Twitter Bility India Indian Government Cfo Ned Siegel Cnbc President Donald Trump
J&J CEO says people may need annual Covid vaccine shots for the next several years

Heartland Newsfeed Radio Network

00:54 sec | 2 weeks ago

J&J CEO says people may need annual Covid vaccine shots for the next several years

"Will the covid nineteen vaccine shot. Become an every year normality. Usa radio news iraqi reports community health centers will begin at doses of virus vaccine. The white house announced on tuesday as cvs and walgreens pharmacies began to administer shots later this week. Johnson and johnson ceo. Alex gorski believes trip to the pharmacy for a covid shot. Maybe thing for several more years he tells. Cnbc that a yearly vaccine much like the flu shot may be necessary. I think most people feel that this will be something were likely for the next several years. we'll be. We'll be getting a kobe. Nineteen shot just like. We would have flu shot now. Exactly what that shot is going to be comprised of. i don't think we know today. but I think we could all imagine a future where we're living with this That where we can keep the science at pace with the virus So the cheap out. Living our

Usa Radio Walgreens Pharmacies Alex Gorski CVS White House FLU Cnbc Johnson
The Third Time May Be the Charm for the Staples/Office Depot Merger--Sort Of

Business Wars Daily

03:04 min | 2 weeks ago

The Third Time May Be the Charm for the Staples/Office Depot Merger--Sort Of

"If at first you don't succeed try try again. Yes we've all heard and that appears to be the mantra of office supply company staples when it comes to its acquisition plans for rival office depot after two previous attempts staples hope that the third time would be the charm as it made another run at joining forces with its big box industry. Peer but the marriage hasn't even happened yet and it already appears that the honeymoon is over office. Depots leadership rejected the two billion dollar offer. Which is about a third of the amount staples was prepared to shell out in its second takeover attempt six years ago. A federal judge blocked that action due to antitrust concerns but a week after the most recent offer joseph loose luso who is chairman of office depots parent company. Odp sent a letter to the board stating that. There were better ways to craft a deal. Reports the financial times vassilis so expressed concern that regulators could block the merger on antitrust grounds which would cause quote significant damage to the business. In other words. The deal will get mired in red tape. And regulatory oversight affecting office depots ability to handle its day to day operations in an effort to head off the objections of wary. Regulators staples has left some options on the table including having the merged business focus on retail business markets instead of also serving large commercial accounts. The financial times reports does letter drew another line in the sand to it said that staples should bear the cost of any potential regulatory risk in an interesting turn of events. Office depot is also landed new financial brains in bronze on its board h. g. vora capital management is an investment fund that had been a silent investor in office depot until january. Then a member of the firm joined the board. Having such an institutional shareholder representatives like quote having free access to an investment bank does not care about fees only shareholder value according to a report on. Cnbc the new board member can help the leadership team. Think more strategically about the best course of action ahead. But the sparring potential partners may want to settle their differences and decide what they wanna do soon. This latest merger attempt comes at a time when office supply brands are struggling in a competitive environment. That includes giants like amazon and walmart. Perhaps you've heard of them and while privately held staples doesn't disclose its financials office depot sales. Were down nearly ten percent last quarter retail wire reports since last merger attempt. Six years ago amazon has become a major force in the office supply. Market it's business. Marketplace is expected to hit more than thirty billion dollars in the next two years. Such a massive competitor may change regulators hearts about letting the two bricks and mortar brands tied the knot according to some reports since the office depot response the ball is back in staples court whether the to office supply. Retailers are to come to some kind of agreement. Well that just may come down to thinking outside the big box

Joseph Loose Luso The Financial Times Vora Capital Management Office Depot Drew Cnbc Amazon Walmart Giants
Tesla Buys Bitcoin While Elon Sends Dogecoin To The Moon!

Techmeme Ride Home

02:50 min | 3 weeks ago

Tesla Buys Bitcoin While Elon Sends Dogecoin To The Moon!

"I guess in our post game. Stop wall street bets world. I guess. I should never be surprised to wake up to crazy news like the news. That tesla has bought one and a half billion dollars worth of bitcoin and says it will start accepting bitcoin as a payment for its products in the future quoting cnbc in a filing with the securities and exchange commission. The company said it bought the bitcoin for quote more flexibility to further diversify maximize returns on our cash and quote. Tessa also said it will start accepting payments in bitcoin in exchange for its products quote subject to applicable laws and initially on a limited basis and quote that would make testily first major automaker to accept crypto currency as payment the one and a half billion dollars worth of bitcoin will give tests liquidity in the cryptocurrency once it starts accepting it for payments tesla's move into bitcoin represents an investment of a significant percentage of its cash in the investment the company had more than nineteen billion dollars in cash and cash equivalents on hand at the end of twenty twenty according to its most recent filing but the moves also raised questions around. Ceo elon. Musk behavior on twitter in recent weeks where he has been credited for increasingly prices of cryptocurrencies like bitcoin and does coin by posting positive messages that have encouraged more people to buy the digital currencies two weeks ago. The billionaire tesla owner added the hashtag hashtag bitcoin to his twitter bio move that helped to briefly. Push up the price of the cryptocurrency by as much as twenty percent. Two days later he said on the social media chat site clubhouse quote. I do at this point. Bitcoin is a good thing. And i am a supporter of bitcoin and quote. Bitcoin prices surged to new highs. Monday following tesla's announcement reaching a price of at least forty four thousand two hundred dollars. Tesla shares were up more than two percent monday morning. Tessa warn investors of the volatility of bitcoin price. In its sec filing and quote. Yeah and about that does coin stuff in case. You're not aware of does it was sort of a joke. Crypto currency that would be one way to put it. but also maybe it's better to think of does coin as the ultimate mean currency especially in this age of non fungible tokens and art now and collectibles on the blockchain. So this is what i mean by. Nothing surprising me anymore. In the post game stop world does coin is maybe the alternate mimi. Play in a way elon. Musk is a meam engine. In and of himself so his tweets pushing does coin up from half a cent at the beginning of the year to around eight cents this morning even though does is sort of not an active project or even a viable one at this point. Yeah to the moon for sure

Bitcoin Tesla Tessa Ceo Elon Cnbc Securities And Exchange Commis Musk Twitter SEC Mimi
An Apple Ad-pocalypse For Everyone?

Techmeme Ride Home

05:57 min | 3 weeks ago

An Apple Ad-pocalypse For Everyone?

"You know about those changes to ad tracking that apple is going to flip the switch on on ios. Soon you know how facebook has said this will hurt small businesses and also them quite directly. They've also admitted. Well as this ad pacalypse creeps ever closer. There is increasing chatter about how big this move might actually be for basically everyone let me hit some of the most recent takes for you i. What prompted me to lead with this. Today is that in their earnings last night. Snap had to warn that. The coming changes by apple to idea a could have a materially adverse effect on their business and it wasn't just snap either unity also came out and said idea changes will hit the pocketbooks of all mobile game developers quoting cnbc. Unity software said in its earnings report. That the changes will affect the way mobile game developers get and quote how they optimize lifetime. Customer value and quote although it's difficult to estimate our guidance assumes idea changes begin in the spring and will reduce revenue by thirty million dollars or three percent of revenue in two thousand twenty one. The company wrote in prepared remarks for its q. Four earnings report snap chief financial officer derek. Anderson said the apple changes would present a risk of interruption to demand after their implemented quote. It is not clear yet. What the longer term impact of those changes may be for the top line momentum of our business and this may not be clear until several months or more after the changes are implemented. He said quote so coincident with that. I know that this is long. Reads day but i encourage you to check out ben. Thompson's free article from strategically this week because it is the most sober and i opening look at this situation that i've seen anywhere thompson did a qna with mobile marketing analyst. Eric su firt and he had some interesting things to say about. Apple's true motivations and all of this and how these changes could ripple out to affect not only game developers but things like chiappa fi and the smaller businesses on that platform. I highly highly recommend. You read the whole thing. But i'm going to quote two parts for you first up. This is ben quote the thing that is always kind of weird to me about this. Is i think people underestimate and frankly i think apple underestimates the degree to which apple's growth in services revenue growth in. The app store is because of facebook and that facebook and apple have had this very symbiotic relationship. facebook has done. All of apple's dirty work and apple has harvested thirty percent on the back end just by virtue of owning the app store. The question i have is. Is it possible. That apple is shooting themselves in the foot here and their services revenue actually takes a meaningful hit because they've destroyed the engine driving it and they didn't even realize it because they actually didn't understand facebook's role in this and then this is eric's answer quote. I don't think so. I think apple very much recognizes the role that it plays in the app ecosystem which is the distribution engine for apps. And i think that's what apple doesn't like. I think apple sees that the app store has basically become irrelevant as a point of content discovery. It's basically this kind of frictional annoying moment between clicking an ad and installing an app almost all discovery happens via ads or word of mouth. And i think what apple is doing in this in recognizing the power that facebook has in terms of influencing which apps become big which apps are popular. How people are using their iphones. Essentially in recognizing that apple is trying to regain control of that because if apple cripples advertising which is doing mobile advertising this is all happening within the context of all this stuff. That's happening on the browser which we don't need to go down that rabbit hole but apple has been the instigator of all of that too if apple cripples mobile advertising than the app store becomes the primary discovery point for apps again and apple decides how people use our iphones apple decides which are the most popular. And by the way. That's a position that apple used to occupy twenty twelve twenty. Thirteen apple was kingmaker. If you've got featured your company valuation might increase by one hundred million dollars it was really important to make that pilgrimage to apple. Go to cupertino and beg for featuring please feature as please give us the headline featuring because that would make such a big difference to our company then in that way apple got to influence. What kind of apps made and how you made them. So my sense here is that apple wants to regain that control and quote and then from further down in the piece. This is ben again. The great thing from google's perspective is they get to copy everything. Apple does which completely benefits them because apple wants to kill cookies. Google's like that's fine. We have the browser. We have the app store and we're justified in doing blatantly anti-competitive things because we're just copying apple. The apple. google duopoly is really ruling. Everything and this is eric's response. Yeah google silence on this issue has been really intriguing. Because i think they've got to feel like a little bit stuck. It's like well okay. We're going to slow copy apple on any privacy initiative. It does because we don't want to allow apple to create a competitive advantage around being seen as the privacy centric mobile platform but at the same time they run an ad network so day can't come out and demonize targeted advertising. Because well that's how they make some substantial portion of their money. Ben interjects here. They're being sued for antitrust. And this is so blatantly. Anti-competitive and eric responds right exactly. They've got a fine line to walk. And i think they've you to a very shrewd approach. Which just like you said. Kind of copy. What apple is doing but doing it in a way that is not a full manifestation of that and quote again read. The whole thing cannot recommend it highly enough are we all of us in the tech ecosystem facing an ad pacalypse

Apple Facebook App Store Unity Software Eric Su Firt BEN Cnbc Derek Anderson Thompson Eric Google Cupertino Ben Interjects
Ford Expected to Slash Vehicle Production Over Chip Shortage

KNX Morning News with Dick Helton and Vicky Moore

00:15 sec | 3 weeks ago

Ford Expected to Slash Vehicle Production Over Chip Shortage

"The vehicle news of Ford forced to cut its profitable F 1 50 pickup truck production and the reason a semiconductor chip shortage, according to CNBC. The cuts, the latest be impacted by the problem, which has started impacting the global automotive industry late last year.

Ford Cnbc
"cnbc" Discussed on Squawk Pod

Squawk Pod

07:10 min | 9 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 | 9 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 | 9 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 | 2 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 | 2 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