23 Burst results for "Dan Ives"
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Of the Tay podcast, a conversation with Dan Ives of Wedbush securities. I want to start with Tesla. It seemed like they had a good delivery number. I know that was a number of the people were looking at, but the stock market's not buying into over the past couple of days. What do you make of it? Yeah, I mean, what this is obviously a lot of hype that we've seen in terms of what the stock's done this year post the price cuts. I view it as a strong number. I just think some of the bulls were hoping for more in terms of a bigger beat. And now this is sort of the drum roll into earnings, April 19th to see what margins are doing. I think they're able to hold the line. I think this knee jerk is just sort of sort of selling the news. We're buyers here and weakness. Yeah, it should be noted that the number was better than the street's estimate. So they beat not only did they post record deliveries in the quarter, but they'd beat what the average estimate of analysts had suggested they would post our analysts just sandbagging them here. What's the story? Look, I think it's always hard to peg the number because of the price cuts because obviously since the price cuts that they did earlier this quarter, that's been a huge catalyst specifically in China. So that numbers moved around a lot and look, I think the big thing here is they are honored trajectory for 1.8 million for the year in terms of units and you look in the neighborhood of autos, it's still Tesla's world everyone else is paying rent. And I think that's what continues to stick out here. I think here it's really they're trying to find the level where they can cut prices, stimulate the demand, but also mean team
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Flow a year from now. I went out and looked at four Midwest war horses, Boeing, deer, cat, and a troubled 3M and their modeled out at 27 billion. Three ten versus 27 is why everybody's focused on those four stocks, including data. I'm not saying they're not cash machines. They're cash machines. But some you've got to work out what multiple to put on some of these now. If growth is decelerating, and some of these companies are telling you the growth is decelerating, they're telling you that the good times have accelerated growth in cloud are coming to an end. They're now talking almost exclusively about AI to try and bid up their stock. We've seen that across some big names. Exactly. And you already have really high valuations, and let's go to what Jim Bianco is saying, yes, there are all these other companies that are doing incredible things aside from these 8 names. But those 8 names account for 60% of the total gains on the S&P 500 year to date. And what's important there to your point, John, is that apple's got a 26 multiple off the Bloomberg DS screen. AI, by the way, that means apple innovation. It's not what it makes. That's what I mean. Is that what chachi PJ said? Nothing. I can't even criticize you for not knowing. Slaughtered this morning. Slaughtered for not knowing the soup scene at Seinfeld. I'm just getting absolutely hammered. How can you trust this man? Where is he being? He hasn't seen the soup Nazi. I mean, it isn't, it is. Okay, but I don't get Doctor Who. Is it called Doctor Who? Yeah, delta. That's a pretty idea. It just wasn't that big in the UK. I'm on an airplane. I remember this very clearly virgin here. It's two in the morning. The guy in front of me. I can't sleep 'cause he's laughing so hard. Look over the fancy business thing. And he's watching this show called little Britain. Oh yeah. That's addicted to it. Have you seen that? I didn't know a third of the I didn't know a third of the humor. That's great. That's brilliant. No, I did. I missed that. Features right now down four tenths of 1%. Jobless claims about 18 minutes or so away. Up next on the program, we'll catch up with Dan Ives of Wedbush on these big tech names
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Latest edition of the tape podcast, a conversation with Dan Ives of what Bush securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been to kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must Twitter circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price cut today. What does that mean for demand and especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. They have flexibility. They get caught prices. Even another four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. You key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that could extinguish it. Dan, if brands want to get away from the Elon Musk brand because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about it to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You got to set reusing expectations to hit. And then I believe the stock starts to correct
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"The latest edition of the tape podcast, a conversation with Dan Ives of Wedbush securities. Dan, I know you've been dealing with this issue for all year. Your job over the years has been kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been in perfect storm. I mean, the first part was the must, Twitter, circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts in some cracks in the armor. And I think right now the big worry is you saw the price card today. What does that mean for demand? And especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They get caught prices, even other four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. You key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that could extinguish it. Dan, if brands want to get away from the Elon Musk brand, because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about it to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You guys set realistic expectations to hit. And then I believe the stock starts to correct
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"On the latest edition of the tape podcast, a conversation with Dan Ives of Wedbush securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been to kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must Twitter circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price cut today. What does that mean for demand and especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They could cut prices, even another four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. You key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that could extinguish it. Dan, if brands want to get away from the Elon Musk brand, because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about it to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You guys sent re was expectations to hit. And then I believe the stock starts to correct
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"On demand and in your podcast feed. On the latest edition of the tape podcast, a conversation with Dan Ives of Wedbush securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been to kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must, Twitter, circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price card today. What does that mean for demand and especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They get caught prices, even other four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. You key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that could extinguish it. Dan, if brands want to get away from the Elon Musk brand, because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about it to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You guys set realistic expectations to hit. And then I believe the stock starts
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"And in your podcast feed. On the latest edition of the tape podcast, a conversation with Dan Ives of what Bush securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been to kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must Twitter circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price cut today. What does that mean for demand and especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They could cut prices even another four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. The key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that could extinguish it. Dan, if brands want to get away from the Elon Musk brand because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You guys set realistic expectations to hit. And then I believe the stock starts to
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Demand and in your podcast feed. On the latest edition of the tape podcast, a conversation with Dan Ives of Wedbush securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been to kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must Twitter circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price cut today. What does that mean for demand and especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They get caught prices. Even another four to 5% and margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. The key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that takes extinguish it. Dan, if brands want to get away from the Elon Musk brand, because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You got to set realistic expectations to hit. And then I believe the stock starts to correct
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Conversation with Dan Ives, a wedge securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been to kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must, Twitter, circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price card today. What does that mean for demand and especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They get caught prices. Even another four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. You key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that takes extinguish it. Dan, if brands want to get away from the Elon Musk brand, because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about it to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You got to set reusing expectations to hit. And then I believe the stock starts to
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Feed. On the latest edition of the tape podcast, a conversation with Dan Ives, a Wedbush securities. Dan, I know you've been dealing with this issue for all year. It's your job over the years has been kind of in part educate your clients on the EV market on the opportunities on the investment opportunities. A lot of things have turned here in the last 12 months. Yeah, I mean, it's been a perfect storm. I mean, the first part was the must, Twitter, circus show driven. But this last part's been demand wars. And look, China is the hearts and lungs of the Tesla story. Competition clearly increasing within the country domestically. You're seeing price cuts and some cracks in the armor. And I think right now the big worry is you saw the price card today. What does that mean for demand? And especially what does that mean for margins? Look, my view is that they've actually have now the scale to expand margins. So they have flexibility. They get caught prices, even other four to 5%. And margin still, you know, I believe could stay relatively range bound. But it's all about the fear of the unknown. You obviously have a key earnings. You key guidance coming around the corner January 25th, and Musk is the one that started the 5 alarm fire. He is the only one that could extinguish it. Dan, if brands want to get away from the Elon Musk brand, because that's what it is, right? Do consumers want to get away from the Elon Musk brand? Well, I think brand deterioration has been issued. We've talked about to black eye from Musk, it's a black eye for Tesla. It's a fork in the road. It's a moment of truth for Musk and it all starts Jan 25th. You got to set realistic expectations to hit. And then I believe
AP News Radio
Report: Elon Musk plans to cut 75% of Twitter workforce
"There is word that three out of every four Twitter workers could lose their job should Elon Musk by the company The Washington Post citing documents and unnamed sources reports billionaire Elon Musk should he go through with his purchase of Twitter would got the company's workforce by as much as 75% dropping it from some 7500 to less than 2000 people Wet bush analyst Dan Ives says that might attract investors but it would set the company back years Experts and Twitter's own staff said earlier drastic cuts could lead to an overrun of harmful content and spam which Musk himself has warned against Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment I'm Tim McGuire
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Was elected president. I'm Brian shook. And I'm Charlie pellet. At Bloomberg world headquarters, stocks came roaring back with the best month for the S&P 500 Index since 2020. For the week, the S&P 500 Index was up by 4.3% after solid earnings from tech mega caps, beat occur as co head of investment strategies that Bernstein private wealth management. We have to remember that the market already priced in a lot of damage. And I think that's what keeps individual investors going. Really thinking about what is the equity market look like from here. Bernstein saw another up week for the S&P 500 Index to in a row, Matt Peron is managing director at Janice Anderson. You know, we look at it as somewhat of a relief rally. We wouldn't necessarily call it a dead cat balance. We think that the market will eventually find its footing. But this recent balance is probably because, hey, earnings weren't as bad as feared, right? We've been focused on inflation numbers on the multiple. And now we got to focus on earnings. People thought this would be the earnings season where we managed to have to cut and slash even their earnings estimates. And that hasn't been the case. Matt Peron of janus Anderson. Apple rallied today after earnings, Dan Ives is an analyst with web bush securities. I think China was the shocker down only 1% given the shutdowns. I mean, that was really surprising to the street. And I think it just shows that demand story holding up really globally. Dan Ives of Wedbush Apple today up 3.3% the tech stand out by far though, Amazon.com up 10.4%. S&P up 57 a gain of 1.4% that now up 315 up 1% NASDAQ up 228 up 1.9%. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is Bloomberg
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Brian shook. And I'm Charlie pellet. At Bloomberg world headquarters, stocks came roaring back with the best month for the S&P 500 Index since 2020. For the week, the S&P 500 Index was up by 4.3% after solid earnings from tech mega caps, beat occur as co head of investment strategies that Bernstein private wealth management. We have to remember that the market already priced in a lot of damage. And I think that's what keeps individual investors going. Really thinking about what is the equity market look like from here. Bernstein saw another up week for the S&P 500 Index to in a row, Matt Peron is managing director at Janice Henderson. You know, we look at it as somewhat of a relief rally. We wouldn't necessarily call it a dead cat balance. We think that the market will eventually find its footing. But this recent balance is probably because, hey, earnings weren't as bad as feared, right? We've been focused on inflation numbers on the multiple. And now we've got to focus on earnings, people thought this would be the earnings season where we managed to have to cut and slash even their earnings estimates. And that hasn't been the case. Matt Peron of janus Anderson. Apple rallied today after earnings, Dan Ives as an analyst with Wedbush securities. Look, I think China was the shocker down only 1% given the shutdowns. I mean, that was really surprising to the street. And I think it just shows the demand story holding up really globally. Dan Ives of Wedbush Apple today up 3.3% the tech stand out by far though, Amazon.com up 10.4%. S&P up 57 a gain of 1.4% that now up 315 up 1% as stack up 228 up 1.9%. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is Bloomberg
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"But right now the street And this is important of the open Nvidia stock When companies start to lower guidance and stocks to get the knee jerk reaction last night they start to basically treat flat up Good my experience 22 years cover intact Those are signs we're starting to get towards some bottoming process and the video being a bellwether I think right now streets already baking in these numbers into next year And so Dan I mean I got to ask you about Tesla so it's up almost 2% today down about 38% so far this year The reason for today's pop I've heard it explained that you know it's Elon Musk He's dropping his plans to fund that purchase of Twitter with a margin loan tied to Tesla to his Tesla steak Does that theory hold water with you I mean how much do you think that possibility has been weighing on Tesla stock versus just the macroeconomic environment right now Yeah it's been a massive overheard Call it anywhere between a $150 per share overhang At the end of the day there's a better chance for me playing for the warriors than 54 20 half for Twitter stock And I think you see that in terms of the stock trading where it is 38 $39 Now the question is does most try to peak ultimately what's happening here Renegotiate on the bot issue on the seek account or does you walk away for a billion and they try to fight them in court in terms of the board of Twitter And that's why the finance that we saw changes the percent that Twitter happens but it's still 50 50 And at this point I think it's really more semantics in terms of how we've navigated from a finance and perspective Dan you know you say you know you've been covering this sector a long time You said 22 years as you talk to some of your longtime tech investors out there how are they viewing this quote unquote route in tech stocks in NASDAQ in the context of what has been a 1214 year solid run here Well I think it starts to get what I'll call a rational relative to the fundamental performance you basically have to assume that we're going to have a hard landing And a very very severe recession in terms of where some of these stocks are trade And I think that's why investors are trying to navigate this because clearly work from home ecommerce names some of these straw I mean those stocks some of them could continue basically go to zero and go away But when you look at the high quality tactic enterprise focus some of the stalwarts Stocks right now are trading where numbers are going to get cut anywhere from 5 to 10% or more And I think that's what makes it that much compassion Everything's basically selling I'll put this When snap one of the lowest quality companies over the last decade becomes a market indicator You know fear is high Furious All right Dan great stuff As always Dan Ives What Bush securities and managing director there becoming the tech names for over 20 years and we always appreciate his perspective on our broad swath of tech names and today we're just talking apple must Twitter bid We got Nvidia big chip maker so it's great to get Dan's perspective Right now with our news.
AP News Radio
Elon Musk buys Twitter for $44B and will privatize company
"Ilan Ilan Ilan Ilan musk musk musk musk has has has has reached reached reached reached a a a a deal deal deal deal to to to to buy buy buy buy Twitter Twitter Twitter Twitter for for for for about about about about forty forty forty forty four four four four billion billion billion billion dollars dollars dollars dollars Moskos Moskos Moskos Moskos said said said said Twitter Twitter Twitter Twitter hasn't hasn't hasn't hasn't been been been been living living living living up up up up to to to to its its its its potential potential potential potential as as as as a a a a platform platform platform platform for for for for free free free free speech speech speech speech and and and and has has has has promised promised promised promised to to to to be be be be more more more more lenient lenient lenient lenient policing policing policing policing content content content content tech tech tech tech analyst analyst analyst analyst Dan Dan Dan Dan Ives Ives Ives Ives at at at at Wedbush Wedbush Wedbush Wedbush says says says says this this this this is is is is a a a a risky risky risky risky move move move move it's it's it's it's more more more more than than than than just just just just about about about about freedom freedom freedom freedom of of of of speech speech speech speech but but but but ultimately ultimately ultimately ultimately it's it's it's it's really really really really trying trying trying trying to to to to shake shake shake shake up up up up social social social social media media media media I I I I mean mean mean mean he he he he feels feels feels feels like like like like it's it's it's it's a a a a fragment fragment fragment fragment platform platform platform platform we we we we can can can can significantly significantly significantly significantly improve improve improve improve it it it it but but but but there's there's there's there's great great great great challenges challenges challenges challenges ahead ahead ahead ahead five five five five sees sees sees sees changes changes changes changes ahead ahead ahead ahead including including including including the the the the possibility possibility possibility possibility of of of of Twitter Twitter Twitter Twitter becoming becoming becoming becoming a a a a subscription subscription subscription subscription service service service service and and and and what what what what does does does does more more more more of of of of a a a a freedom freedom freedom freedom of of of of speech speech speech speech focused focused focused focused me me me me this this this this is is is is really really really really going going going going to to to to be be be be a a a a twelve twelve twelve twelve eighteen eighteen eighteen eighteen month month month month project project project project try try try try to to to to transform transform transform transform Twitter Twitter Twitter Twitter for for for for president president president president Donald Donald Donald Donald Trump Trump Trump Trump says says says says he he he he has has has has no no no no intention intention intention intention of of of of rejoining rejoining rejoining rejoining Ilan Ilan Ilan Ilan musk musk musk musk Twitter Twitter Twitter Twitter even even even even if if if if his his his his account account account account is is is is reinstated reinstated reinstated reinstated he he he he was was was was barred barred barred barred after after after after last last last last year's year's year's year's capital capital capital capital rights rights rights rights I'm I'm I'm I'm a a a a Donahue Donahue Donahue Donahue
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"The bed has now understood that it's been behind the curve and needs to step in That will be restricted to bring down inflation and that number is the one that you need to have in mind Despite the hard talk the tough talk I don't think they will really go beyond neutral This hawkish rhetoric from central banks around the world is not going to stop anytime soon If we look into 2023 that the story of slowdowns then is because of the hike in of interest rates This is Bloomberg surveillance with Tom Keene Jonathan farrow and Lisa Abraham always Alive from New York City for our audience worldwide good morning good morning This is Bloomberg surveillance on TV and radio alongside Tom Kean and Lisa Ravi Sam Jonathan farrow Futures down 8 tenths of 1% on the S&P the situation in China Tom shaking things out big time I'm going to go with that I think China really has a profound impact today but also John I think there's some real nervousness here Not about bellwether companies like Coke moments ago but a lot of other companies about how will they deliver what I would say John is this is a tape with a lot of nuance this morning and needs to be followed tick by tick Just how low is the bar for big tech this week without for better Microsoft reporting tomorrow Facebook on Wednesday on Thursday I'm going to channel Dan Ives here What a great value He's been the last two weeks to surveillance and the guy at Wedbush says look there's two worlds of tech out there I strongly agree with mister Ives on that You've got to parse each and every company are they in the profit makers the structurally sound makers or are they not Well let's pick out one company this morning premo Coca-Cola out just months ago And it just slammed expectations earnings per share came in coming in at 64 cents versus the expectation of 58 cents What I found interesting was that sales were very robust and more than people had expected despite the fact that they saw higher commodity prices without a commodity price inflation in the mid to single digits How much are we seeing this as a consistent theme of earnings Companies can pass along the price increases to consumers Consumers keep buying Is this a good thing or a bad thing for the fed John I'm going to look at the Bloomberg here and it's a little it's a squishy math John Don't quote me on this but Coca-Cola pre-pandemic was 37 38 billion of revenue They're modeling something like 43 billion I mean and every company John I got to go back before February of 2020 They still have four tenths of 1% of the free market Lisa the CEO of James Quincy saying he's confident in their full year guidance At least someone is confident in the outlook for 22 Yeah very rare occurrence especially with all the uncertainty How much though is this because they are such a big company And the biggest companies are doing the best with consolidation and ability to really have that pricing power in a way that's smaller companies just do not Have we seen the peak in the inflation story My Wilson of Morgan Stanley sang this inflation is peaking but that's not bullish because it means margins EPS have peaked as well He believes that if inflation has paid then the revenue stories pay Tom the earnings season has peaked as well Brilliant note over the weekend I read every word of it from Michael Wilson And you know reaffirming he's been right right about some real caution on the market Johnny goes overweight big firm a BioTech which I think is important but you're absolutely right John about the conflation of nominal and real analysis led by the dynamic of inflation and it's a lot of moving parts I like how he says not a grizzly bear market but a grizzly market At grizzly market This price action take care Features down 8 tenths of 1% on the S&P On the NASDAQ 100 we're down 8 tenths of 1% also on the session on the month we're down about 10% What a move lower He's going to shaken up by what's happening in Beijing Lockdowns in Shanghai will they spread That's the story this morning That shakes things up in the equity market in foreign exchange to big move on dollar yuan and Euro dollar struggling bremo That's not what you'd expect after the election result in France You're a dollar one zero 7 28 I thought it was almost a guarantee that we would come in to a stronger Euro because Emmanuel Macron won And here we are at the weakest going back to march of 2020 as China really rears its head as the main story of the day Today we are going to be focused very much in earnings We just got those Coca-Cola earnings and the shares are up or we're up momentarily even after posting such a big return year to date more than 10% We also get Activision Blizzard in about a half an hour The first of the slew of big tech and Whirlpool after the market talking about big tech let's just whip you through what we're expecting Microsoft and alphabet tomorrow we've got of course apple meta on Wednesday and Apple and Amazon on Thursday We're going to be looking at any hints of the supply chain disruptions particularly of chips and from the iPhone in China 8 30 a.m. UN secretary general Antonio Guterres meets with turkey's president Erdoğan in Ankara today Are we still talking about peace talks Or is that pretty much left ahead of the secretary general's trip to see Vladimir Putin later in the week And ten 30 a.m. the beginning of a lot of economic data this week U.S. Dallas fed manufacturing activity for the month of April setting up for what I'm really watching which is sales personal income personal spending And of course core PCE which will all come on Friday Core PCE expected to come in at the fastest pace going back again to the early 1980s John Again going back to that Mike Wilson note how does the Federal Reserve look at peaking inflation Does it matter or if it does not come down all that quickly Are they really going to have a very difficult decision to make They're meeting next Wednesday may 4th Lisa thank you The NASDAQ 100 is poised for its worst month going all the way back to November 2008 It has been that long since we've seen the NASDAQ 100 down 10% in a single month That's where we're at right now Sarah hunter of Alpine Woods says this We think parts of tech would eventually be looked at like Staples as none of us can live without a phones or our Internet Sarah hunt the portfolio manager joins us right now Sarah are we there yet I don't think we're quite there yet I think we're still in that knee jerk reaction Rates are going higher growth is slowing down So cell technology And I mean you've seen some of the tech stocks hold up pretty well And apple's held up pretty well So in that sense you can say that maybe it's there I think the earnings was weaker going to be important But I think it's what they say about the future and the problems that we're seeing out of China right now that is going to be important for any of the hardware makers But if you just think about technology in general I think we do have to start thinking of parts of it It's important for us in the same way that food and energy has become I would say Sarah 29.77 vix is not catharsis But did you see elements of catharsis Thursday afternoon and Friday afternoon.
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Is up a half a percent up a 174 and the NASDAQ's down 6 tenths of a percent down 83 The ten years down 1930 seconds the yield 2.77% West Texas intermediate crude is in the red down over 1% at one O three 15 of barrel comics gold is down almost 1% at 1965 70 announced the dollar yen one 25 90 the Euro a dollar 7 79 the British founded 30 45 A couple of hot headlines just crossing the Bloomberg terminal Michigan preliminary April consumer sentiments of 68 5.7 the estimate was four 59 U.S. mortgage rates hit 5% for the first time since early 2011 Sorry if you're looking for a mortgage That's a Bloomberg business flash Bloomberg markets is on Matt Miller in fall Sweeney All right Greg Jarrett got a locked in already Matt Ohio State doesn't have a sentiment index does it It's University of Michigan That is harsh dude That is hard Well no you know what That's because that's for one reason Ohio State majors in football Okay I got it All right very good I just want to get that clear Coming up Matt Ten 15 Wall Street time Bloomberg's Tom keen interviews IMF managing director Christine gorge That'll be some good stuff there We'll get some primary research as I like to call it Right now looking at the markets here kind of mixed I got the dial up half a percent but I got the NASDAQ off a half a percent So go figure but let's check in Dude there's one story today I know in markets Come on It is yeah I mean as ridiculous as it is Twitter I would use the full word that the acronym BS stands for but I don't think I'm allowed to I don't think you are No we'll just leave it at that But anyway Jess menton she sits in for a pretty good day She brings us kind of what's going on in the stock market Again Twitter that's kind of top of news That's the big story right now taking a closer look at Twitter obviously Elon Musk announced his intent to acquire the company and take it private for $54 and 20 cents per share that's valued about $43 billion and that's 18% premium to yesterday's closing price The shares actually opened up about 11% below Musk's offers trading around $47 right now And when I've talked to analysts about this even last week leading up to this they were anticipating that we could see something like this transpire in when I was talking to Dan Ives over the analyst that web bush she was singing basically that this is a now or never time to accept this type of offer and he expects that there could be potentially many twists and turns in this story but say for instance just looking in general at analysts and how they're viewing this stock they are I have seen some downgrades So CFO aid for instance they did downgrade shares from hold to buy and they're thinking that they offer price should be viewed as enticing to And basically would be challenging to reject And so if it is rejected they're worried that Musk could potentially just walk away rather than raise his offer which would likely drive with a profit though With a profit See I feel like this is the kind of joke that you can make if you're the richest person in the world But it is just that right It's 54 20 is not a serious offer I love that he's included for 20 in the price I'm excited Well it's a long story but it basically means it's time to smoke weed And there are there is a debate about how four 20 actually came about It also happens to be the first day of a four day run for fish at Madison Square Garden Is that right Yeah Next week Nice I'm going I'm going You should definitely get tickets And the thing is I've seen Twitter stock at over $70 in the past 12 months I think the high from 21 is $77 in change I mean he's a long way off from the top right So he should have at least come out with 69 69 in my opinion Oppenheimer also actually downgraded to perform from outperforming They were thinking that Twitter should actually trade at a 20 to 30% discount to snap when you're looking at their 2022 earnings revenue estimates but wouldn't that would basically represent shares between $48 and $54 on its current estimate So obviously much lower like you're saying Matt compared to where that stock had been trading and especially when you're thinking about some of these IPO prices when you're looking at its rivals say meta Facebook's parent some companies like that treating much lower compared to how it was debuted as a public company So did he file any official documents with the SEC or did he just tweet here He waits usually a few weeks or months before Remember last time he amassed a big stake and then told us about it a lot later Okay The SEC gets annoyed The rest of us have to do SEC 5 The rest of us don't have $259 billion You know Exactly And it shouldn't be one of these things like I was saying Dan Ives was just talking about how He's great He's talking about this is the time to take out the popcorn and see what's going exactly to transpire over the next few weeks in this sort of saga that's going on I wonder if they'll be strategic bidders coming in like a Microsoft or a Google or something like that who wants to get step up their social game a little bit Well this isn't the first time that we've seen any sort of acquisition like this for Twitter So back in 2017 actually Disney came close to acquiring Twitter but then ultimately backed away so it is possible that we could see other potential opportunities out there beyond just Elon Musk I just don't get you know where's the growth for Twitter I guess they're not really a growth company anymore right Every journalist in the whole world is already on Twitter And other than that it's just like for celebrities and PRs to do press releases How do you monetize it No one's paying for advertisers They're paying for it because it's an engaged audience I look on Twitter I don't see any advertising It's always the second thing in your feed It is promoted thing yeah I don't know I don't know I click on Instagram I click on the ads and I buy stuff from them I never have done that Twitter Yeah the gram Yeah that's what the kids call it All right Jess Melton Thanks so much for joining us just on markets reporter for Bloomberg news giving us her thoughts here on this market Again kind of mix open not gonna make too much out of it The S&P off about four tenths of 1% All right we heard from Michael mckew speaking with the New York fed president today Rates are going higher I think the concern or one of the several concerns in the marketplace is what's the risk of this fed reserve.
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"Weeks might have you thinking of trading in your guzzler and finally going electric Only problem is there aren't many electric vehicles to go around We're about 60% below a normalized inventory level Dan Ives covers the EV industry at Wedbush securities he says in a normal environment about one in every four new cars sold would be electric right now but this is far from a normal environment So much is dependent on Ukraine Russia But this is the same time as the worst supply chain shortage that we've seen ever I've said the nickel and lithium that go into EV batteries are getting more expensive and that's helping to drive up average sticker prices by about a $1000 longer term though I've says this crisis could speed EV adoption You're going to have the loyalists on both sides But right now you got 30 to 40% of buyers for automobiles they could sway either way And I think many of them will sway toward EVs especially this has been an unfortunate week up call I think for the world Nathan Hager Bloomberg radio What is dedication The thing that drives me every day is a day is very honest We call them day to day for short Every day he's hungry for something whether it's attention affection knowledge and there's this huge responsibility and making sure that when he's no longer under my wing that he's a good person I think the advice I would give is you don't need to know all the answers The craziest thing was believing that your dad knew everything so as a dad you felt like you had to know everything and you had to get everything right It's okay to make mistakes As long as it's coming from love then you know it kind of starts to work itself out I want him to be able to.
Bloomberg Radio New York
"dan ives" Discussed on Bloomberg Radio New York
"And Matt Miller I'm Jonathan Ferro Your record remark is shaping up as follows up 26 on the S&P a half of 1% call it 6 tenths of 1% higher Yields a higher two by 5 basis points to one 56 on €10 dollar heading south just a little weaker there on a Euro side of things that currency pay negative 0.05% crude down a 74 89 down four tenths of 1% A stock to watch in a pre market is Tesla just some brilliant numbers from that company The stock up in a pre market 6.74% Matt Miller the deliveries 308,600 in the fourth quarter on the year 936,000 That's up 87% over 2020 deliveries Absolutely It's incredibly impressive and it just shuts down Tesla critics who have for years talked about how they really couldn't ramp up production to industry standard levels They are producing basically a million cars a year now So it's unbelievable that well it's not unbelievable but it's far better than analysts had predicted Even the most bullish analysts like Dan Ives over at Wedbush are really impressed by these numbers So you can imagine that the shares are going to do quite well today By the way a 6% move for a $1 trillion company is a lot of money It's a huge chunk of change from that and credit where it's due It's unbelievable from where we were several years ago where we were preoccupied by existential risks We talked about how the credit price in the bond market I did We were laughing about it for months when it priced to remember that issue at around 5.3% And this company is just proven the doubt is wrong time after time after time You mentioned Dan Ives Katy he's bullish at 1400 a share test the right now at 1128 This is what he had to say A green tidal wave is taking hold The words of the analyst from Wedbush securities Yeah and that idea is giving a lift to other EV makers and pre market trading as well It's not just a Tesla story even though Tesla clearly has the front foot in this market of course Dan Ives also really bullish on Tesla because of the China story other analysts noting the output from its factory in Shanghai Also the other thing I would mention while we're talking about China that brings me to supply chain issues Tesla has navigated some of these supply chain challenges chip shortage being one thing that was really weight on automakers They've actually navigated this quite well in those production members prove that out John They've done it brilliantly That stock is up in a pre market Let's call it 6.8% Joining us now in the year ahead is you're my wife The chief economist at axa group Sure let's stand right here Big conversation about a Federal Reserve rate hike maybe the end of this first quarter For the ECB is that a conversation at all for 2022 or something we have to wait for for 2023 I think it's more for 2023 The forward guidance of the ECB is pretty clear from my point of view the set that Curie would continue until shortly before the first rate hike and they told us that QE would continue until at least October 2022 So at a stretch that could possibly technically high let's say in December of this year but I don't think it's the likeliest scenario I think Even the hawks and the ECB board are more interested in getting rid of QE that's clearly their number one focus The interest rate story and I think it's different What I think the CVS don't at the very end of last year is basically to give itself a 9 to ten month to decide what the appropriate pace for monetary would be and my guess is that given their current forecast they still don't expect inflation to be back to 2% at the end of their forecasting horizon It's not the kind of messages you send if you want to convince the market that a red hike is imminent I really don't think it's fully it's for 20 to 23 years but 2020 I'm divided as this committee though Jill as divided as it always has been over much of the last ten years more divided now which one is it you Oh it's true that the comedy the board the governing council is quite divided but if you look at the point of focus of the debate it's really about QE I really think this is where you would find the fiercest debates because QE is really at the border between military and fiscal policy It's always been a problem for the European Central Bank given the mastery treaty and the obsession about not blurring the lines between military and fiscal So the political economy if you want other governing council makes them very very very focused on interest rate well you do this really if you think that inflation is getting out of control But the Eurozone is not the U.S. I mean the risks of the current inflammation spike morphing into something a really sinister really under genus in Europe is I would say this juncture at least much lower than it is in the U.S. What you're back in that sense you mean why is it harder for inflation to take hold here I think several things First of all we are not as advanced as the U.S. in dealing with the legacy of the lockdowns If you look at where GDP is today we have one to actually quarter up with what we've lost in 2020 We will probably very shortly But our gap is still negative whereas in the U.S. it can be argued that it's already positive Probably because your fiscal stimulus has been to some extent an overkill The other reason is that big difference between Europe and the U.S. is that in the U.S. you have clear science of labor market scarcity You have a problem with your participation rates People have left the labor market and don't seem to be in a hurry to come back It's exactly the opposite in Europe In the Eurozone the participation rate today is where it was before the pandemic And in some countries it's actually higher In France for instance where I come from and where I talk to you today It's the highest ever recorded participation rates The last one we had in Q four So if we are in a very very different situation we have an inflation spike just like in the U.S. that's undeniable But the chances they turn to something self perpetuating are remain remain lower And what are the knock on effects from what the fed does I mean how much can the ECB rely on the fed to be the tail that wags the dog Well historically the CPS has often been able to maintain a sort of healthy lag in terms of policy response relative to what the fed was doing especially if the market believes that there are good reasons for the city not to follow suit to quickly And I would say this juncture given the fact that well demand might be a little wobbly because for instance demand from China is not a stellar as we would have wanted it to be Having a weak currency is helping the one 13 flex falters It's probably a good thing It offsets some of the weakness in the volume of external demand So if you're at the ECB right now or you look at the actions right yes to some extent it's going to add to the inflationary pressure but it's coming at a time when this extra boost to competitiveness is welcome Well of course the consensus seems to be at least for the first part of this year a stronger dollar which has to do with the normalization of Federal Reserve policy And on that subject the consensus seems to be that the fed is going to move at least by the beginning of the first half moving more potentially toward the march being alive meeting Why do you think they wait until.
Tesla Daily: Tesla News & Analysis
Motor Trend Reviews Plaid Model S, and and New Battery Details
"Everybody here and stay. We're talking about the first journalist reviews of the new plan model. we've also got an update on the battery capacity. We'll talk about some details behind that we've got an update from dan is on tesla's stock an update on gigabyte lynn news on tussles referral program. And an interesting tweet from elon. Musk that has caused a lot of speculation. Also quick the stock tussle today finishing up about two percent to six hundred and sixteen dollars sixty cents. That compared to the nasdaq also. Strong day up nine tenths of a percent are. Let's start off here with the initial reviews of the model s. so we have one for motor trend. We have one from automotive journalist. Jason kameda whenever tesla has a new vehicle. I always look forward to these. It's kind of a nice time to celebrate what tesla has done with that new vehicle and unlike what we see business news wise from cnbc or reuters. This is automotive new. So the writing is different style. there's a lot of primitives. Nice compliments towards tesla and sometimes some really beautiful writing which again you tend not to see too much in business. News look at trends review here first. So of course. The question that everyone has undermined around this vehicle is can't actually do zero to sixty in under two seconds motor trends answer. Yes but with some stipulation so they actually spent kind of the i. I don't know half or third of this article talking about the requirements that they had for their sixty test run which i think unfortunately it detracts a little bit from their main takeaways. Which of course. We'll talk about as well but they been a fair amount of time talking about how Wanted them to run on a specific track with specific tests conditions. One of those conditions being that the drag strip needed to be prepared with hd which motor trend says as a quote thick black resin that allows cars to accelerate quicker than is possible on normal roads and quote framed that way it does look a little bit manipulative or suspect. But it's not like the hd is common this is a substance that most drag strips are using and using in competition so this is not so unusual thing in quarter mile races. It's just not how motor trend. Test their cars so they wanted to make sure that that part was clear so understanding that they write quote. The plaid model s zips down the quarter mile in a staggeringly quick. Nine point. two five seconds up one hundred fifty two point six miles per hour.
AP News Radio
Meet the online gadget show, a hall of mirrors to the future
"The consumer electronic show which kicks off this week will be virtual many events have gone online to to cope with the eighteen but the gadget show in Las Vegas is a tough one virtual is almost like going to a pizza place and seeing it through resume riding eating it yourself technology analyst Dan Ives the managing director with equity research he's gone to the show for the past twenty years not touching and kicking the tires in the technology talk into the partners it's hard to really get a better understanding of what is going to be the hot air is the hot gadgets for this year especially five G. also smaller exhibitors are less likely to get notice without a show floor I'm sure the employer
AP News Radio
Stocks slump, despite Fed aid, as virus bill stalls again
"It was another big sell off on Wall Street with investors waiting for Congress to put more money into the economy the Dow and S. and P. five hundred fell about three percent of their value on the first trading day of the week even though the federal reserve unleashed several tools to support the economy if the congressional standoff with Democrats seeking more money for laid off workers over corporations and Senate Majority Leader Mitch McConnell denouncing their effort turned into those leveling up the soda of supermarket sweep Wedbush securities analyst Dan Ives says that's not what Wall Street wants to see really adding gasoline to the bonfire is what we're seeing in DC why our K. predicts stocks have not hit their bottom yet and could fall another five to ten percent hi Jackie Quinn
Talking Tech
Apple event - the biggest story was TV +
"Hiring isn't easy but there is one place you can go where hiring is simple in smart that place is ziprecruiter where growing businesses connect to qualified candidates ended its try it for free at Ziprecruiter. Dot Com Slash Tech Talk Ziprecruiter the smartest way to hire the apple event was all about selling hugh new iphones that sound remarkably similar to last year's models only they have more power better battery and improve camera but you've heard that all before a zillion times that's the big news as far as I was concerned came early in the event and it was all about apple. TV plus the new entertainment service it is going to launch on November first and will cost five dollars monthly and it will only have nine shows to present to you launch day nine. How many do you expect that Netflix Amazon have between between them like a thousand or more apple went out and hired some big guns to make programs names like Steven Spielberg over Winfrey Reese Witherspoon and others in. I know those names but to the kids that's one of the reasons I've been down on the prospects for TV plus that in that Apple's joining netflix Amazon prime video CBS CBS all access Hulu and so many others who are attempting to get your subscription dollar that I have feared a subscription overload at a certain point people will just say enough but at five dollars it's a different story that in every person who buys an IPHONE IPAD computer will get a year's service for free free. Dan Ives analyst. I respect thinks apple will have a one hundred million subscribers within three years. They got fifty million with apple music even though is just a clone of spotify by one hundred million with a service costing half the price of Apple Music is in out of the question but nine shows well apple did note five others is that will be added to the lineup after launch and really when you think about it if apple has even one great show. Does it matter how many total it has. I know I pay five dollars a month to see a show. I loved with Netflix. It's there's usually one or two shows during a month. I actually want to see and if I ruled the world I would cut out seventy. Five percent of the Netflix content off. The menu is just too confusing finding what to watch as those new phones well. They looked awfully similar to last year's model it'll but give me a third camera lands and I'm excited. How about you. I'd love to hear your thoughts. Look for me on twitter where I'm Jefferson Graham. You've been listening to talking tech. Please describe after the show wherever you listen to online audio and I will be back tomorrow with another cricket from the world attack. Hiring can be a slow slow process cafe tour Zeo Dylan Moskowitz needed to hire a director of coffee for his organic coffee company but was having trouble finding qualified applicants so he switched tip recruiter ziprecruiter's technology finds people with the right experience and invites them to apply to your job. Dylan posted his job on Ziprecruiter and was impressed just by how quickly he had qualified candidates apply and in just a few days he found his new director of coffee with results like that. It's no wonder four out of five employers. There's who post on Ziprecruiter get a qualified candidate within the first day see why Ziprecruiter is effective for businesses of all sizes. Try Ziprecruiter for free three at our web address. ZIPRECRUITER DOT com slash tech talk that ziprecruiter Dot Com Slash T. E. C. H. T. A. L. K. ziprecruiter dot com slash tech talk ziprecruiter the smartest way to hire.