35 Burst results for "Stock Prices"
Florida Governor Ron DeSantis Says Unilever, Ben & Jerry's Better Watch Out
"BDs movement Um and Unilever and Ben and Jerry's, for God's sakes, who eats that crap anyway? But I'm just moving on. So anyway, they've taken a very, very anti ice America move against the state of Israel, and, uh You have a law in your state? You've triggered it. There's a process that you're going through and you were saying something else. So Florida did it. Texas has done some similar in New York and 33 of the four biggest states of the country, and we all have pretty big pension plans. And since then Unilever's lost a lot and their stock price. And so Ben and Jerry's only represents a real small portion of the company. But for whatever reason, when they acquired Ben and Jerry's, they let them have their own kind of Social awareness Committee that makes these decisions. So Ben and Jerry's made the This decision, and they had the right to do it under the way the corporation structure, but it's really bad for Unilever. So I think they're going to have to do something to reel this in because it's just totally unacceptable, and it's going to hurt the company, the large the parent company with with with what they're doing, but it's totally ridiculous and we're going to bite back and I'll tell you we did this early in my tenure as governor against Airbnb. They tried something similar. We did it, we bit back. An Airbnb changed their tune. So I think Unilever is going to have to change their tune very shortly.
Jim Cramer & Rob Maurer Discuss Tesla's Q2 Earnings Results
"Famer here for special issue. The street live and talking all things. Tesla we've got tested daily host and tesla investor. Rodney our rob butcher skit. Right to it The earnings completely. Well it just say they obliterated yes the but the same time i have to ask you elect guy. Did on squawk on the street is somehow the magic lost. Because this wasn't good quarter. I mean i've got the same question for you jim. I'm sitting here. And i'm seeing the stock down to three tenths of a percents and i'm wondering the same thing. Tesla beat revenue by four percent. They beat earnings by more than fifty percents and the stock is down. So you know. I'm a little bit surprised honestly. Because i think tesla did crush it. Maybe some of the comments on the earnings call weren't what investors were looking for but Yeah i'm definitely super happy with the results personally. I think that when i saw the numbers they were terrific on the call I described the the com school as pedestrian knitting described manufacturing processes and he described guide the same thing that ford gm say which is supply chain issues semiconductor problems. Is it possible when he says that synagogue shortages this quite serious that it's actually maybe for the first time i'm hearing under promise. So maybe overdeliver if he gets those semiconductors i definitely think that's part of it. I also think you just want people to appreciate the challenges that the industry and tesla's dealing with right now And in light of those challenges just setting the results against those they're even more impressive I think probably to some extent. That's what he wants trying to get across. Obviously he you know doesn't necessarily word it in those terms He's not really about the short-term stock price but I think that's what he's getting at is just how difficult things have been and yet. How successful tesla's ben In that sort of backdrop
Predicting Stock Prices
"I everybody. I'm reference tagalog on from italy. I work at the university of middle giant moment. I'm also visiting professor at University in worth and my work. It's very much around the world so my partner nurse are mostly canada and in the us People let mit especially yemen center for collective intelligence. And i have very good friends Disease are close circle and then we expanded so thank you very much for having me. Oh it's a pleasure to have welcome to the show. Could you expand a little bit. On what your specialties are. What are the areas of research you focus in. So i've been studying gala social network analysis and i mean we work on three dimensions usually which is the study of social behavior and human interaction and human communication and we look at these topics with three lances. The first one is the social structure. So i specialize in social network analysis. The second one is the analysis of the content of the communications. So i do text. Mining and i specialize in the application of social network analysis to decks mining do text mining through social network analysis and the third dimension is that of temporal dynamics. We look at how behaviors and the contents of communication evolve over time
Keep Track of Investments with Alexa
"You have stocks that you like to track or do you have Bitcoin or other cryptocurrency, Investments? Do you have index funds? You can use Lexi wage to actually keep track of the latest prices of these various Investments that you have, and it's really simple. You just simply ask Lexie, what is the price of, and then fill in the blank. So, for example, wage see what's the price of the Dow Jones like Lexi? What's the price of the S&P Lexi? What's the price of Bitcoin? Or you can even do the same thing with specific company? Stocks, let's see what's the stock, price of Boeing cetera, etc, etc. So there you go. You can get a good sense of, where your stocks are performing. And if you've got a show device, one with a display, you actually get to see a nice little graph to
S&P 500 Will Rally 7% in Second Half of 2021
"Start off with a record-breaking first half finale the s&p five hundred hitting another all time high to close out the first half of the year with a fourteen percent gain so things are off to a great starter. Next guest says just wait. It's about to get even better really fun threats. Tom lee just hiked his year. Five hundred price target by seven percent to forty six hundred that ties for st hi. Tom joins us right now. Tom great to have you with us. Great to be here. You're not worried about slowing slowing growth. Compared to earlier this year an economy that reopened in the first half of the year and economy. That will sort of normalize in the back of the year with the threat of of tapering in some form. I think that you know. I don't think recovery is a straight line up but from what we can tell looking at both earnings revisions and and conference calls and really talking to clients and businesses. I think there's still quite a lot of pent-up up demand. I think both on the consumer side right. There's the revenge spending and then with both wealth effect and rising stock prices strong credit markets. I think there's a corporate kepchik cycle coming which is essentially corporate revenge cashback. So i think there's a lot of positive catalysts for surprise in the second
Elon Musk Is a Stonckfluencer
"Go back to that for twenty tweet from twenty eighteen. Tell me a little bit more about the trouble. Daddy lennon too. So the brought must to court Basically because they're saying this is true you didn't have funding secured you misled. Investors sent the stock price up. You know it was nowhere near four twenty at the time. So they ended up settling out of court. He'd have to admit any wrongdoing. But he lost his chairmanship tesla. And musk find a total of twenty million dollars each and he was supposed to run any like market-moving tweets by the company's lawyers kind of the settlement was to sort of get a hold of of this wild twitter. And we've been seeing the tweets alana's sort of famous for being wild on twitter but recently we learned that you didn't really follow the judge's orders. In the case of running his tweets by lawyer right right even after paying forty million dollars was against chairmanship turns out based on this correspondence that the wall street journal through a request that he not running tweets by his lawyers. And the sec's upset that he's not actually following the agreement in the settlement so one of the tweets was about solar reproduction and the other one was him saying that the the stock was too high which actually sent the stock down about ten percent to be clear you on. Musk is still the. Ceo of tesla. Right he is still the. Ceo tesla in a ceo saying that your company's stock prices too high. Seems like a bad idea. Yeah i mean. He just has such an effect on the stock price. And it's like so obvious. Every time he sends a tweet you can chart out. You know how much he sends the tesla's stock upper down. Has anything happened to. Egon tweets by the sec added. The short answer is no There's a lot of back and forth between the sec. And his lawyers lawyers are saying he doesn't really need to run those tweets by them because their opinion Sec tried to hold him in contempt of court for an earlier tweet but the judge was like you guys deal with this and they did by saying okay. Employers have to go re tweets but only when they have to do with production refinances. But that doesn't seem to have stopped him here. I mean sec's only recourse. Would be to try to go back to a federal judge. See if the hold him in contempt or relitigate this whole thing you know get rid of the settlement and try to try to get him in trouble for that original for twenty tweet.
U.S. Economy Added 559,000 Jobs in May
"To date. We are asking the all important question who matters more to bitcoin the whales or the plebs first up. Let's do the brief. I on the brief today. We have the jobs report for may and it's kind of mixed news. Us employers added five hundred fifty nine thousand jobs last month which is less than expected but up from two hundred and seventy eight thousand in april but still down from march when seven hundred and eighty five thousand. Jobs were added. Mattielo zeti the chief economist. For which a bank said quote. It's the middle of the road report. It is disappointing relative to where we were a few months ago where we were anticipating. You could see a million plus type prints over these coming months. We've had to ratchet down our expectations. About what job. Gains are likely to be going forward and this should matter to you if you're in the bitcoin space because it has a meaningful impact on monetary policy going forward aggressive accommodative monetary policy has allowed stock valuations to rise as high as they are pushed people farther out on the risk curve a booming market featuring full employment and high inflation would force the fed to change those policies as rates rose stock prices and risk on assets in general could see a fall and bitcoin is enough of a macro asset. Now that it would likely be caught in some of that however the fed has signaled that until jobs are fully recovered degree much farther than this. They'll be keeping policies. The seem even at the cost of a little extra inflation
With AMC Shares up 1,100% in 2021, Company Sells Shares
"Movie theater chain AMC is raising two hundred thirty point five million dollars by selling eight point five million shares of stock I marches are a letter with the latest AMC stock price jumped more than eleven hundred percent this year yes people are going back to the movies as corona virus vaccinations increase but that's not why AMC is a so called memes stock along the lines of what happened to game stop large institutional hedge funds bet on AMC stock to fall while online investors banded together to force a short squeeze AMC management says the company will use proceeds from the share sale to invest in new leases and on improvements in existing theaters
Etsy Stock Falls More Than 7% After Earnings
"Solidly higher than expected. But you would not know that from what is happening to the stock today. Shares of esi falling fourteen percent. I'm assuming this is just based on valuation right. Because they didn't seem to be any big red flags in their results. Yeah and we can talk about the results in a second i would say is that it looks to me like the like. The stock price is really reacting to some of the guidance. That's coming up so they're going to have a little bit more difficult year-over-year calms coming up. Because they did so well last year remember. We had all of the the masks on their platform. Everyone was was looking to buy anything. That's really what's what's causing that. But we talk about the results so I'll take a step back and just explain. What is so at the ecommerce platform for unique handmade and vintage products and its brand is so unique. That twenty twenty survey of buyers that eighty percent of buyers agreed that. Let's see has items that you can't find anywhere else and so when we look at ecommerce platforms which look at the strength of the platform and if their network so in terms of sellers so they saw an increase of sellers of this quarter so is about sixty seven percent increase year over year to total four point seven million sellers active buyers so people have been on the platform at least once in the last year. Increase almost ninety percent year over year to total ninety point six million buyers so a lot of growth here Also what we like to look at our. How often are those buyers engaging the platform for that we look at xy calls habitual buyers which are buyers who spent two hundred dollars more in had six or more purchases in the last twelve months. I'm one of these fires
Volkswagen's Name Change Joke Didn't Land
"From brown and business wars daily on this monday april twelfth. Happy started the week. Everyone you know. Who's been having a tough april volkswagen matsue and as you may have that's mostly because they started the month with an april fools joke that fell flatter than a busted tire is started in the last days of march when the automaker quote accidentally unquote released a very serious sounding statement announcing that they'd be changing their name to volts wagon that's volts as in electricity. Now volkswagen's id for is the company's only electric model in the us market so far but the company is planning to build more and said that all future electric models would come emblazoned with their new name volts wagon now in eighty-three rolled company. Suddenly changing. Its moniker is suspicious right. But the name change announcement was so deadpan that it got picked up by the likes of cnbc. The bbc and the verge and all that publicity had an impact on the company's stocks. Volkswagen stock prices rose nearly five percent on the day the statement was released the ap reported but only hours later. A company spokesman confirmed that the name change was an early april. Fool's joke a joke. I should say that didn't quite land sea. Volkswagen isn't exactly held up as a model of corporate transparency. You may remember that in two thousand fifteen. The company installed deceptive software in its vehicles to cheat on government emissions tests that move launched a five-year fiasco. That cost volkswagen thirty. Five billion dollars led to the recall of millions of vehicles so volkswagen's been trying to dust off. Its image since then which makes this joke. Well puzzling to say the least and the us securities and exchange commission doesn't seem to have that much of a sense of humor. Manipulating the stock market is of course illegal. An even though it's not certain that manipulation was the intent behind volkswagen statement. The joke certainly swelled stock prices which could bring regulators knocking. But there's another automaker who's been there done that and is thriving that would be tesla which has in the past straight up to see the public in two thousand eighteen founder elon. Musk tweeted that. He had the funding to take tesla. Private stock prices surged ten percent. But it was later revealed that actually there was no such funding. Musket has company each over twenty million dollars in penalties to the sec. But today it seems like things are working out for tesla their social media the spotlight and their electric models are in last month. Wall street journal columnist dan. Neil took volkswagen the new. Id four for a spin and said tesla has nothing to worry about the id. Four is five years behind the comparable tesla you'll wrote and the engineering betrays a premature rush to market harsh words for volkswagen. Which of course has been angling of late to compete directly with tesla. Both automakers plan to open new european factories for their electric vehicles and volkswagen group
Interview with Airbnb CEO Brian Chesky
"Talk to me about going forward and connecting people and the focus. You're putting on experiences but also on the lives you can create for your host. Who in part. I think are taking equity and becoming quite important for the brand. We've just heard in london here this week. That uber has said its drivers will become workers with benefits and minimum wage. So they're getting brought into the companies. So how do you sort of to advance the experience of your host but also the people that are using the platform to rent yet to great questions. Maybe i'll start with the second question host. And then i'll go to the first one the different like let's just take us versus uber. One difference in us an uber is the founders of uber created uber because they wanted to be writers another words they said it would be awesome if i could summon a black car so they started on the buyer side. We were totally opposite. My roommate and i weren't desiring to have a service like airbnb to travel because we were too broke to even want such a service. I mean we would have loved it but we were so broke. We just wanted to way to make money so we really started as host. So in that sense. I think this is a company of hosts by host for host and even if we have veered from that in the past. We're back there. And so i'm very proud of the fact that number one host have made one hundred and ten billion dollars on our platform since we started. That's pretty cool. The next thing. I'm saying i think it's cooler. Fifty five percent of that income has gone to women most ecommerce platforms. The vast majority economics. They're not evenly distributed on airbnb. The vast majority of income is outside the united states and more than half of it goes to women. it's a pretty diverse audience. We have four million host on airbnb. Ninety percent of our hosts are individual people so there is a question. How many of these are professionals. The answer is ten percent ninety percent of individuals. The most common careers are healthcare workers schoolteachers. In students these are the three most common professions that we've seen so these are truly everyday people like my parents. My parents are social workers. And it would make sense that people who need supplemental income would be everyday people for the most part one of the things we did before it went public. Is i got a piece of advice from somebody. They said. institutionalize your intentions. So that even as a public company you can minimize conflicts. Your vision and what they really meant was wants to go public. The cement of your company gets a little harden. What do you want to bake into the company before you go public. And i said one of the things i want to bake in is to create a host endowment. I want to set aside equity for host and so one of the things we did is we took nine point. Two million shares of airbnb equity and we put it into is essentially a airbnb host endowment kind of like a college endowment where it would grow every year but then some of the appreciation would get distributed into the host each year. So that was the idea that endowment is nearly two billion dollars today and growing. I hope it's one day. Larger than most college endowments and we created a host advisory board of seventeen host from fourteen countries to advise us on how to spend that money and reinvest it back to the host community. We also allowed host to invest in our ipo. And we had. I think it was fifteen thousand host. If i'm not mistaken who invested. They bought stock at sixty eight dollars. A share as you know the stock prices at the time of this recording around triple so those hosts have done really well and if i could allowed winning more host to invest in the whatever but we had some sec regulations that limited us and so these are just some of the many things we tried to do. But i just want to say like our commitment to host just beginning. Because i've committed to putting more than one hundred million dollars in my own equity into the host endowment and we're gonna continue to invest in our host because we are nothing without our host and in the end the day everybody's more of a community anything else i mean. Yeah we are a technology company in a sense but with people are buying isn't technology and they're not buying real estate we're not like zillow wh- senator of our company our host and our people and so that leads to the second question. What is airbnb about in. Where's it going when we started airbnb. Our first tagline was travel like a human. The idea was that you were like kind of treated for who you are. And you're seen for who you are valued for who you are and that was kind of the idea. I mean it was idealistic. But i can tell you. We definitely believed it in the early days and we realized that i had these two crazy ideas when we start airbnb. These crazy beliefs and people thought i was absurd. The first idea was we thought people were fundamentally good. That sounds kind of crazy because if you open any newspaper you wouldn't think they're good. People are good wise every headline about the worst of humanity. I think there was a famous quote by a former chief justice. The united states. You said i don't read the front page of the newspaper. I read the sports section. The front pages filled the man's failures. The sports pages. Filled man successes. I kind of feel like despite what we read in the news. People are funny. Good and i can tell you that we have the data to prove it. We probably more than anyone to prove what happens. When a hundred million people live together. Mostly good things sometimes bad things but statistically people are good and the second thing is true is that people are ninety nine point nine percent the same and you would never think that today given that we are so divided and yeah we spent a lot of time energy celebrating that point one percent. That makes us different. We call that culture in other things but let's not forget that we're mostly the same deep down and if you think people are good and their most the same then you'd believe that it's better to bring them together than divide them in separate them. That was the idea behind airbnb and so real estate and housing is just the beginning. We launched a few years ago. Airbnb experiences air experiences are essentially just three hour activities where you can have a host host. One other passions. You can go to tuscany. And make pasta with grandma grandma. Non an arena. Who's like an eighty plus year old grandmother who grew up during world war. Two and tells you about living in italy during the rise of fascism and then kind of what happened after and she tells you about her famous recipe and you make pasta in her house with and then you eat around the table this alternative to going to restaurants a pretty cool alternative so we have these like really interesting experiences and i think experiences is going to be a really really big product. I thought last year was going to break out year. But of course social distancing met we put on pause but we're looking at many new ways to try just connect people again. I think this is one of the loneliest times in human history right now. I think most people listening would probably say they felt some type of loneliness in the last year. We've been so separated. And i think in life we sometimes appreciate things when they're taken away from us and human connection and travels been taken away from us and i hope that makes us value at more than ever before and i'm pretty concerned about the amount of isolation happening and i don't think that social media and digital connections are fully nourishing. We actually do need real connection with real people. And i actually think it's good. Connect people are different than you. If you wanna like bridge the divide in any country. The best answer. I've heard is to just walk in other people's shoes don't argue over the internet. No one's ever changed. Someone's mind on a youtube comment section to my knowledge. But how could you not change your mind when you walk in someone. Just home live in their home walk. In their shoes do their activities. You may not agree with them but you will find that. Most of them are good and they're mostly just like you deep
GM forced to cut production of midsize pickups due to chip shortage
"Imagine this. You got this big assembly line right of cars and you got all your parts there everything except for the tiny little chip that runs the computers in these cars and GM announced this morning. They're cutting production of their mid sized pickups because of the chip shortage, and I've heard from other folks in the world of automotive that supplies and inventories are being impacted because they just don't have enough. Ships at the same time, you've got Intel saying who are going to come to the rescue? They're going to drop $20 billion to build two new chip plants in Arizona. They you know, like if you were wondering is until going to remain in manufacturing. On. They are not being California, unfortunately, but they are going to and the new CEO wants Intel to get their swagger back. So he announced his big build yesterday. And that is impacting Intel's stock price in a positive way this morning, But this chip shortages real and, you know, obviously it's going to take awhile to build these plants out and get these chip manufacturing back to where it should
Analyzing The March Federal Open Market Committee Meeting
"Is the fed's federal open market committee meeting today. Ray now the market is getting nervous because they see the economy heating up and they just don't believe that the fed is going to be able to keep interest rates at zero for as long as the fed. Says they're going to how that's showing up in. The numbers is the ten year treasuries at its highest point in a year. The thirty year treasury is its highest since two thousand nineteen growth. Stocks are down and inflation. Expectations are the highest in twelve years. Then what does the market want to hear out of this fed meeting to me. It seems like they basically want more details. Powell has said over and over that they're staying the course and then he has pointed particularly to their employment goals and just how far they have to go before they reach them but again like i said market seem not to really believe that and i think they want chairman powell to outline exactly the circumstances that would make the fed change its tune and change its policies. Frankly i'm not sure how much detail powell is. Going to be. Willing to indulge right now when we're not actually in a crisis were just seeing stock prices that are finicky insensitive to the that they might be extremely
Continuing to Navigate the Neurodegenerative Disease Subsector
"The first thing. I want to mention of course is what we're really dealing with here when we're looking at specifically companies in the next generation space. Now i'm going to belabor the slight even less than i did last time basically for good phase three data. I feel it'd be good. Expect a company trade between at a minimum really of ten to twenty billion dollars market cap and for companies. That are kind of earlier in the pipeline. I would say they've shown some good phase one b or some good early phase two a data. We can expect them to trade around at one billion dollar market cap and that seems to be the case so far and there's obviously tons of information that we can use to say whether or not they should be trading at a higher value or a lower value than that. But that's generally what i'm going into this with and using the data that's available out there. You can really make your own assessment. What you think is a fair value for some of these companies but anyway just to show this slide quickly because we need to know what we're dealing with here so keep all that in mind as we look at the market cap of these different companies. Today and the first company. I want to touch on. Is a company called aspira. Fire ticker symbol. Ha they closed on friday. The fifth at nineteen dollars and eighteen cents a share giving them a market cap of seven hundred million dollars they're q. Three twenty twenty net loss was eight point five million dollars and they had a q. Three twenty twenty current assets of two hundred thirty two million dollars and then they also didn't offering in february of this year adding another hundred three million dollars to their balance sheet their q. Three twenty twenty current liabilities. Sit an eight million dollars and to give some background of the company they went. Ipo in september of two thousand twenty at seventeen dollars per share so they're not trading it too much of a premium for matt but for anybody looking to take a position in the short term. I do want to remind you that. The lockup occurs on march seventeenth and an additional twelve million shares. That were previously locked up from the ipo are now going to be added to the flow. Which is at twenty three point. Seven million dollars today. so companies. That had this lockup expiration. I caution against taking a long position in only because the dilution. That's going to occur after the lockup is going to put some pressure on the stock price so keep that in mind but the company is looking at commercializing an asset that targets the hypothesis that growth factor pathway also known as the met receptor. And they're doing this to try and treat different. Cns disorders so there specifically using compound called a t h one zero seven and this was previously known as andy x one. Zero one. seven if you're looking in the literature and they're trying to treat alzheimer's and parkinson's disease but this and then they also a small molecule version of this where they're going to be looking at neuropsychiatric disorders like depression. And there's some benefits to using a small molecule version verses the other version using a t h zero one seven. But i'm not going to focus on that. I'm really just kinda talk about the molecule. That's going to be treated for alzheimer's and parkinson's disease and before we do that though i did want focus a little bit on event related potential and a touchdown this on a couple other episodes but i wanted to go a little bit more in depth because the main readout that a fire is focusing on is this p three hundred data point and so what event related potential is a quick primer. It's a q. Eeg measurement but it's a functional version of that so a lot of companies will show a q. e. e. g. measurement of just baseline brain activity. And what this does is it. Just measures brain electrical activity and q. E. e. g. sanford quantitative electro So the baseline measurement is useful. I guess but what's more impactful is actually do a sensory event which is a better surrogate for actual cognitive ability.
Etsy Crushes Estimates, Revenue More than Doubling
"Nc blowing past earnings expectations revenue more than doubling in the most recent quarter online retailer. One of the big pandemic winter shares up more than three hundred percent over the past year. And it's the biggest premarket gain earned the snp right now joining us to talk about the quarter and the outlook ahead job. Silverman ceo of esi. Josh it's great to see you this morning. You just had this blowout quarter. Let's talk about what you think. The future looks like and i ask in large part because i think we're all hoping that we're about to get into a post pandemic world that may bode well for some and may bode well for others. That's right well. Twenty twenty was a spectacular year for it was a time when circumstance met preparedness and millions and millions of people discovered for the first time or maybe rediscovered at sea At a time when they hadn't been in a long time and she's the kind of business that gets better as it gets bigger So more buyers means more sellers more sellers more buyers which makes the marketplace a whole lot better so to your point You know none of us really know what twenty twenty one brings. None of us have a crystal ball. But if i look at Twenty twenty ecommerce grew at an the crazy rate. Ecommerce grew it over forty percent year-on-year and yet oetzi grew two and a half times the rate of commerce. So i don't know what e commerce is going to do in twenty twenty one. But but i hope and believe that we'll be able to continue to outpace ecommerce overall in terms. Though of the way you think the shopping experience takes place you think by default the growth. You think i mean your how. What's the chance of the same kind of growth next year for example. Well i on the On the bull side of people we tend to forget. There's a lot of people even in twenty nine thousand nine who star shopped almost exclusively amal. Who never shopped online. So millions of people started shopping online and twenty twenty. Who hadn't before and they they loved it. It was convenient and interesting. And so we've brought a lot of people into e commerce warrant there before i'm the bear side during the pandemic can't spend on travel. They can't spend on dining so they're spending a disproportionate share of wallet retail and when they're spending on retail they go to the mall so they're spending a disproportionate amount on e commerce. So what. i don't know what. I don't know that any of us know is what's going to happen to consumer spending overall as you know as as restrictions ease what i do know though is if look over the long term if you're looking at twenty twenty two twenty twenty three and beyond ecommerce bigger and stronger and will be bigger and stronger. I believe as a result. Josh as you know. Musk tweeted on january twenty six. I hope you've saved the tweet. I kinda love at see. How much was that tweet worth. You think this quarter trades on the fundamentals and has always traded on the fundamental so at the time that he sent that tweet. Oetzi stock price went up. I forget the amount. But i think we gained a billion and a half two billion dollars market at four two hours and then the stock price settled right back down to where it started before the tweeting by the way. He's tweeting about the fact that he loves the marketplace tweeting about a product that he bought for his dog. Which which i love. But you know we trade on the fundamentals and i think it's so important that we keep talking about the fundamentals and i hope that's always traits on the fundamentals. Not on some story. That's that's other than that. You thinking at all about accepting bitcoin not right now i'm holder. I've held bitcoin for six or seven years. Now i think on the theory that i think it can be an interesting store of value. It could be an interesting tender. Some david need a whole lot more people to buy an own it before. I think it's really useful for people as as a and then. Finally i wanted to ask you about how you see the marketplace world versus the website or store world given the successive shoplifting. By how many of you are small. Businesses are both on on your service and also developing their own. And what does that mix look like for you know. Many of our sellers will also have their own shop. The challenges creating your own shop today is is is creating a lemonade. Stand in the desert right. It's harder and harder for an individual site to rise above the noise and become a brand that people can remember all the trends. I see is you know. We're consolidating fewer and fewer large e commerce platforms. And that's because the human brain can only remember somebody brands. We can only keep four five six eight brands in mind for everything else. We've got to go to google and we'd better go to facebook and if you're downstream google facebook then they're going to be the ones who get all of the economics so i don't think it's likely that there's going to be two billion thriving individual places to go buy things and years from now. I think there's going to be a handful. So the job of that seeing is to create a brand that stands for something that's meaningful and all of our sellers as a result
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.
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
Lawmakers to face off with GameStop saga's key players
"Lawmakers on a congressional committee will be facing off today with key players in the game stop saga investigating the stock buying surge in January gamestop shares soared sixteen hundred percent odd since the company reported a month earlier it had missed revenue estimates but spurred on by the Robin Hood online trading platform and a social media campaign investors drove up game stop stop price squeezing short selling hedge funds that had bet against the company some in Washington have been skeptical of the narrative that this was a victory of the little guy over Wall Street giants Robin Hood C. E. O. fled tenants will be asked about that and speculation that Robin Hood acted in favor of its big Wall Street clients when it suddenly blocked customers from buying shares of game stop sending the stock price tumbling back down Jackie Quinn Washington
"stock prices" Discussed on Marketplace Morning Report with David Brancaccio
"This marketplace podcast is supported by transfer. Wise the smart new way to send and receive money internationally. Transfer wise gives you the real exchange rate. Every time you send money abroad you can even get an account that holds up to fifty four currencies at once and convert between them anytime. Join over eight million customers. In more than eighty countries who are already saving. Try them out for free at transfer. Wise dot com slash marketplace or download. The app companies large and small will be adapting business. Plans to a new white house administration. Marketplace's kimberly adams has that business. Strategists have been gaming out a potential biden presidency. Four months now planning for what could change in some areas such as energy in the environment. There will be dramatic change. Michael mongerer is a senior analyst for global economics at strat for in others such relations with china the change will be less substantive and probably more a shift in tone. He says he expects biden to return to a multilateral approach to the global economy that doesn't mean that we're going to have a quick exit to the trade war. But i think he will try to lobby are our allies are traditional allies to take a much more coordinated approach to china and potentially a more coordinated approach to the pandemic the major influence on the economy at the moment in regard to longer term domestic policy. I think most businesses are expecting that there will be some change to tax rates some chainstore. Oh regulatory structure clayton. Allen is a senior vice president at height capital markets. The trump administration made a big push for deregulation and he expects a biden administration will revisit and perhaps reverse some of those changes. The reality of the situation is though that those changes might not be as extreme as people necessarily fear but lana paul is worried that the changes will be extreme. She's president of giddings inc a trucking company based in pella iowa and she worries about what a biden administration means for her business. They talked about rolling back the tax reform and they Also on the obamacare the affordable care act and. I think it's going to make us leery what's going to happen. She says she plans to hold off on new hiring or investment until she gets a better read on biden's plans especially as they pertain to the aca. Healthcare costs are also on the mind of adam. Orman co owner of local restaurant in austin texas. But he's looking forward to the biden administration. A public option would change the way that we are providing healthcare for sure orman says he's also hoping congress will raise the federal minimum wage especially the tipped minimum wage. I think that's what really moves the most for the restaurant industry because it has such an impact on tipped workers that will also depend on who has control of the senate and we're still waiting to find that out in washington. I'm kimberly adams. For marketplace and fifty. Four thousand old. Volvos are being recalled after airbag shrapnel killed a man some models from two thousand and one through two thousand three and the airbag units in question are made by z f. Trw this is a different company from takata at the center of a massive recall of cars with air bags. Those have been in the nuisance. Twenty fourteen about sixty million of those cars remain on the road unrepaired. I'm david brancaccio with the marketplace morning report from apm american public media wnba. Legend silvered spent a decade playing basketball abroad in russia. The life of a woman's basketball player is juggling playing in the wnba and going overseas as well. Because that's where you can get a lot of money just to be blunt. I'm eddie murphy. As host of the marketplace podcast. This is uncomfortable this week on the show. We talked to wnba players about their fight. Not only for better pay. But for social justice. The new episode drops thursday. Wherever you get your podcasts..
"stock prices" Discussed on AppleInsider Podcast
"World's using WhatsApp owned by Facebook. They're not using signal telegram because signal and telegram kinda under the radar and also somewhat hard to set up especially in terms of signal so people using ethical, right? Exactly. It's an it's an end to end decrypted service. That has strong encryption on telegram. Also has strong encryption on all the telegram originates in Russia, which gives some people he GB's the but sodas WhatsApp WhatsApp is originally in Facebook and gives people he BDB's a little bit. So you're really only choice Renton scripted. That's not a part of signal telegram. Ryan message and if apple were able to open up I message as a client for Android users and Charleston, five bucks. For the privilege. You would see people starting take advantage of apple services. Yeah. I would imagine. So this isn't that bull? Followed through on Steve Jobs, original promise years ago to open source FaceTime. You would see people take advantage of that. And the except, of course, for the, you know, the holdouts that are I'm never giving apple my money for anything ever people, which there are few show. But it's you know, one of the questions is apple holding those things back due to patents trademarks issues is apple holding those back due to try and protect the iphone and make the services be the best that they can be on iphone versus releasing the Android. And of course, they've released apple music, Dan, Freud and they've released other Android applications. Notably the how to port away from Android transfer your stuff, diet less. So it's not like they have no experience doing stuff like that the released I tunes for windows. So there are examples where it makes sense for them to do these kinds of things toes in the logical inference that it doesn't make sense for them to put. I'm vestiges on Android for reasons that maybe we don't know. But it won't be that nobody there's batches, you know, when when you have a company, you have sacred cows, you have an Tim cook has said years ago when he announced the the SE that they were never afraid to cannibalize their own product line that they should you know, you should eat your children before anyone else. Does kind of thing. And I think that iphone because it is the prime source of income is a sacred cow and doing these kinds of things that might endanger iphone gets instant. No, okay. That same way. Obviously that Nabet that make sense. Yes. And is that going to change as a result of these results? I think I can't answer that Findlay. But what I hope is that it gets asked as a question as part of this. Because the you know, valid question is is the future one where we're still carrying around ever growing pieces of glass that are ever thinner in our pockets or is the future one where these devices changed form factor. They change how they fit in our lives, but the services that tie them all together are the threat of it are the thing that makes it work. I've always been more of a software guy than a hardware guy. So I I'm show the full factor will change the services live on brain. So so they should be considering whether or not to bring services to other platforms and make the services become that much more of the thread between Oliver lies. But then you get into the whole lowest common denominator thing, if you tried to get something Chrysler knife to work on Orlando's phones. A you're not going to end up. Come. And if you don't I think there's a mix, right? You can't necessarily say we're going to deliver all of our computational end and machine learning photography to every classroom because you can't rely on what kind of cameras there. But in terms of messaging, sure, you can't and messaging is sticky because once you start using it in that's where your friends are it works now, Google has been able to make a messaging platform work, right? They had hangouts that allo they had messages. Plus, they they've got all kinds of things going on basically given up and seated that's the carriers using our CS now. So I did what else yeses it's it's the replacement for MS great so long as is. But okay. I remember that being the big new thing, I feel so suddenly, okay? So yes, I and also I'm embarrassed site. The first time I heard Google swim. They closed it down. So I'm really I'm I'm done with the kids and messaging clinic..
"stock prices" Discussed on AppleInsider Podcast
"But we haven't seen the fruits of that yet. Right. But yes, sobbing physically healthy. Just had the genie stuff from the in the states that's hunting. But yes, I mean, those are baby steps pretty good navy subs. But I'll take that. Yes. Yeah. It would be easy enough to say that that apple I would say apple needs to be mindful. As they learn these lessons that Tim cook his talking about that they need they they really need this quote at the forefront. They need to be mindful that they don't allow that to happen. Because if you don't have something front of mind, it's easy to lose sight of the mission. I think particularly when you're under the precious that's company like apple must may. I again, the Coulter precious under the them at any device manufacturer must be amazing. So yes, I can say that easily. I just I feel like we've gone in trying to get with this. Good news, bad news. We've writing twenty-odd years into the past railing. Now, the Dan we're recording. Now that things the full, but what happens next. I think is what I'd like to know. Well, I think first of all there are the markets problem sort out, right China and India and Germany and Qualcomm. But I think there needs to be some introspection on what I phone needs to become what services need to become to support iphone. What's at support? Apple. You know, we talked about services, right? I message is an excellent service for communicating with messages, most of the.
"stock prices" Discussed on AppleInsider Podcast
"High reflecting the loyalty of our customers in appreciation for all the work. You do. So we have to talk about the positive notes, right? Tim has to lay out that there is something to be positive about here. And here's all the other good things that are going on. But it's clear the iphone is the biggest revenue generator for apple right? Yes. Absolutely formed way, he says in the next paragraph for trenchantly properly innovations were living to customers with iphone ten. Our iphone, tennis and tennis max, these are without a doubt the best iphones. We've ever made. We did not set a new record for iphone sales in Q one, however due to a number of factors some macroeconomic and some specific apple and smartphone industry. Here's the paragraph. You're leading up to here's the paragraph. You wanted she read it while this is the pivot of the entire thing. Everything up to nowadays. Happy new year and everything's great except for these bits. And then it's extent fullest his may push us around a bit. But we are not gonna use some excuse nor we just wait around until they get better. I like that. That's a headline somewhere. Somebody saying apple was by me, everybody. But it self this line says to me 'nother, not they are looking this this aligned for the same pattern. Visit ads living the best products on biting with service yet we manage apple for the long time. That's what this memo's says. And we've mentioned that before on southern effort Sida. I believe the I always think apple can afford to look at the long-term given its current financial state. But it's always done this minute didn't have cash on. I think this is actually a good sign os- expecting this internal memo to pay the same things saying go prices while I've is just basically fluff. But that Tigra tells me something more serious it being done. I'm concerned because I I see what you're saying that this is external forces may push us around or we're not going to use an excuse we're gonna we're not waiting around 'til they get better. So this gives them the option to learn and take action to folks their strengths on Apple's mission. Delivering the best products on earth for customers in providing unmatched level of service..
"stock prices" Discussed on AppleInsider Podcast
"Contributes to these sales numbers, which contributes to the stock numbers which contributes to the stock numbers of index prices, which has these huge knock on effects you were talking about show. But there's no role on insurance that does this on a tireless. I I've said this before they managed to work the goes to crazy new phone. I mean, I think I'm busy, but it's tagger into me. How much is achieved by on Samsung? These anyone here know that each tiny every tiny decision has a massive. Impact on the whole thing. So it's just a combination of. I point out. We had Ken to Shenda on this podcast a while back. Remember guess? Oh, yeah. Reading his book all of the meetings that he ever described really being a part of were maybe less than ten people in the room. They weren't big giant meetings with large numbers of people involved in these decisions that most of them sounded like they were you know, four or five people in the room. And that not every decision went all the way up to the executive level. Right. He demonstrated for Steve Jobs a couple of times. But there were many times where he destroyed the young were things out and demonstrated to his immediate report managers, and that's kind of it. So that's where I'm going with this this battery deslize you're saying that apple should fi the sixth or the eleventh. No, not at all not not at all. I'm just saying that there are decisions being made by small numbers of people that have these kinds of huge impacts that it's hard to see at the time. You know, think about how they got there. Right. The initial part of that battery Devakula was that. Years before someone decided that having your iphone slowdown and last longer was better than having power all spontaneously, which was a sensible decision. Right. So that got implemented, and then a few years later this happened, and it became necessary to expose that to the end user and explain what's going on. Right. And then the result of that was the bad reprogram that said that you should come get your battery changed and the result of that is the part of the sales numbers are this this today's business some of these technology sessions decision rather and some of them amounting ones do retail PayPal. Do we not not all of it has to work, right? But there's there's a difficulty here. And that is that this was the sales quarter that apple said, we're not gonna report unit sales anymore. Yeah. Reporting a sales shortfall in the same quarter that they've stopped reporting unit. Sales is only going to give people's imaginations fuel to make the leap that that apple is stopped reporting unit sales because they have something to hide and same. Ignoring the fact that no one else has ever reported actual Siles. Right. But would you agree that it's bad optics show? Yes. I just done. How much more is thing with uptick since they move on. This is this is a difficult story. Right. It's a difficult kind of thing to to fully understand. We're just trying to help you put it in context here. Now, I find us we took we tend to be moving to opposite ends this exploring things like we're offering the attempts to say, I still don't really know when I think of this story, but little found now and exactly how good about it is the the problem is that when we're talking about investing investors make decisions and they choose to buy or sell sometimes on emotional input. In addition to whatever reason or formula or or research that they've conducted and so opted even though they changed with time. They have an impact choice just when they changed the ones that changed to have any act. Right. Well, you know, the idea that things look that the idea that you can draw the conclusion that apple has something to hide is. It's. Maybe not good timing to make kind of change or the announcement. Or or just it was bad that these two things happened in such close. Winston each other. I'd forgotten that they dropped that. I'm presuming that today's sorry. Give me this week's announcement street properly legally required. I something. So I didn't have a choice for this one. Presumably they did with the last that. Yes outlook apple. Yeah..
"stock prices" Discussed on AppleInsider Podcast
"What I needed? So I didn't buy into life and five I was a five remember now donated in tuck it away, and I went into a not Jess apple store. Right. Which is the cheapest, and what have you got right now tonight go after meeting with and that was how I met my. Yes. But given free will and determination I could pick between the sixes unless easier competitive. We have not right. And so I think there's there's that part of it plays a role. I think the other thing that plays a role is something you mentioned before. Which is the fact that the smartphone is eleven years old. And it's maturing and that people can easily have iphones that lasts three to four years. The this combined with Apple's efforts to Mike Iowa's twelve runs. So well on older hardware or good things. But they draw out how long people can hang onto older phones, which affects the sales numbers here. You know? And there's another part of this that plays role which was the battery Devakula's last year. Yes, where people were convinced for ages that apple was making their phones slower in an effort to convince them to buy new phones. Yes. And well that wasn't the intention. It certainly possible to read it that way. Especially once apple said, you know, what when you change your battery your phone will run fast. Again, you know, I think that what happens is these small engineering changes that happen on one person's desk have huge knock on affects. Right. And if the answer is you can change your battery and your phone will be fast, again, maybe you don't need to buy a new one that one engineering choice.
"stock prices" Discussed on AppleInsider Podcast
"Yes. But it was ever. So I held onto my iphone six. For a complementary is full. Right now. Hold on. Because before your iphone six how long did you hold onto phones for prince appreciated knife five? I remember the full. So I was probably changing every two year. Yes. I was this is something else. We haven't talked about the fact that either a fewer contract options than there used to be until this phone. I have neither tennis max I was paying Solis on a two year contract with my career. So I would have dated every other release. Yeah. So I had an iphone? I had a three g a skipped three GS and had a four I had a four s very briefly and went to five I did I skipped five this went to six. So for the most part, I was pretty much every other year. And that's what we call the flip flop or the tick tock or the the s years, right? Yes. People would buy either the main release or they'd by the s. Update. Yes. And during those times in the US we had subsidies where you would pay a spurt percentage. The phone up front you pay three hundred bucks up front, and then you'd pay the remainder off as subsidy withdrew carrier. But you'd pay that in perpetuating kind of thing more censored, you might think is I run into argue with Mike caveat that. No, I have had made the last payment. Can you drop my monthly thing down? They did. But I wasn't going to do it without me fighting. All right. And in America, they wouldn't do that. It was just that was your payment and buy those subsidies ended and they went to monthly twenty four month contract pay as you go kind of thing. So you don't pay anything up front for or smaller, you pay the sales tax up front kind of thing. And then you pay monthly and then when it's paid off your Bill drops. So we we've spent more sensible. It's more consumer friendly. But it's changed the nature of these plans. Also changed the nature of these kind of flip flop upgrades because their offers to turn in your phone or sell back your. Phone and then get the upgrade because they want to keep you perpetually in debt and perpetually going to the carrier. I was the other part of it is Apple's releases changed, you know, we had the iphone eight and the iphone ten in the same year, which was weird because we had it was basically the last generation that the home button and the new thing without it. And then we have the ten are antennas and tennis Maxon same year. And so we don't have a clear division of the tech talk cycle any longer because we're getting a new phone with each cycle here. Okay. So far so can argue there. But so tennis, max obvious freshens that the ten right? And the ten are is is definitely new phone. And it's a weird one in that, you know, it's it's maybe not the flagship phone in the way of Cameron screen. But in every other respect, it is so it's not like you can point to it and say that. That's an ESI. You can't do that. It's it's a the product matrix is more confusing. It has been. Yes. Madan for namings. I still lament the whatever the iphone nine would have been. But yes, I get the fact that apple uses x something's in ten for others is throwing me gently even arm saying on tennis every now and again, saying ten are. I don't know the the other part of this is that so we know that when consumers are confused they don't purchase or they purchase alternatives that they I mean. I mean, it's nobody's job to understand product, names and things. So if you do get somebody else's in sensitive understanding, you may wrote just get that one on what were your. Yes. I mean, it there's there's the paradox of choice which says when you're presented with too many options that are too confusing. You just don't anything. Yes. You know, if I give you three products and say pick one you'll pick one especially if you can see a good better best pricing strategy. If I give you twenty four products. What do you do? We're friends. I think this is actually what helped meal buying an iphone six originally does choice when I was looking at the six six plus on. I didn't actually either required..
"stock prices" Discussed on AppleInsider Podcast
"Well, you know, look back what the guidance was right? We talked about this in the past where the guidance from people, Goldman Sachs, for example. Right. Rod hall, Goldman Sachs, right? He issued a research note on November twentieth that we'd talked about and that note at the time was downloading apple and his note said that you know, that apple may have miscalculated with the iphone ten our pricing strategy and they cut their price targets. So the headline news area. I list may be rights, which I grant you is quite a headline. You know, we we had discussed that we thought they were wrong, right? That the iphone ten was doing great that things were possibly on target. But you know, they he cut his price target from two hundred twenty two nine and then cut it again from from two zero nine to one eighty two back in November. Okay. So unless gets it rights is still a headlined. We get it wrong is poverty. Internists of headline is less unusual should recite butts A K, I like the fact that at least we've got some actual figures. Now rather than the supposition except I feel that the figures a leading to most of position on. I don't know. I can't what where the line is between just have not. I think it's had for apple. But it doesn't seem as calamitous as some headlines I'm reading so again when he stunned all of this show is mentioned in price. Right. So it was two twenty soon than too. Nine and then one eighty two is the target. Then after this news, we went from you know, one one sixty one fifty something down to one forty five. We dropped eleven points in after hours trading. And I say we were timing. We were talking about apple nut not we as in, you know, my holdings or we as in. We are apple because we are clearly not. But it's you know, they were that that note was talking about miscalculating when setting the price for the iphone ten are the iphone ten are begins at seven fifty and goes on up into the two fifty six model. Did there a number of people who suggest that apple have found the maximum? You can raise the price on an iphone the suddenly tried. Yes. That, you know, the raising the price two thousand plus dollars is the limit the people will bear..
"stock prices" Discussed on AppleInsider Podcast
"I just I'm not last headline you saying I felt blown to me. I'm I'm really curious no way you sitting on this because very often when those been rumors of bad news financially. Apple I've been a bit dismissing her because there are every year on the kind of where to see what really happens, we're not treat any happening Muslim actual figures. Where do you start only the scale between two apple is doomed? Well, so apple themselves are not doomed apple themselves had some hard lessons to learn and some hard things to figure out but Apple's not doomed because apple has as you say this large Bank account, right? Apple has many years to burn through before apple is doomed. But as said. That there are other things going on that apple is a part of you know, when we say following market will Apple's large part of the market. And so when apple turns down, the market turns down a little bit too. Yes. And when the market turns down the question is when do these things turn into a recession K going from apple losing a bit or rather not getting as much to recession seems longer journey. Well, but it's not just apple right? Once these things sort of look, I got a I pulled up Reuters heartedly Reuters US stocks slumped on Thursday after apple rare sales warning, and it is rare sales marine the last time. I did this was in two thousand two the last time they issued any kind of guidance like this they sank eight point five percent. And that is a big drag on the three major Wall Street indexes, right? The Dow the s&p and the so when these indexes. Drop right? If people invest in index funds while that's that's a large amount of investors who are potentially taking a hit. Yes. But investments may go for down as I may. They may but I'm trying to lay out the knock on affects. Right. It's not just apple going up or down. It's apple because it's part of index funds the index funds go up and down as well, which then is the market going up and down. So these things. Get back to the last year under current US administration. For example, stocks have been I'm following this this for the notice exactly is up enough as before so. Well, it's been he's. It's been a rocky ride the past year for US stocks have been one where there was climbing in the Biggles through the mini beginning through the middle of the year but down now and overall down about six percent. So that was difficult. This news has that was more of this news. So I haven't done the math. But, but it looks like maybe more after that news has granted this is not wonderful. But is alternately that bad considering if it's moving like this anyway is up and down a lot. An investor may be worse off today, but could be better off again to Laura resort. Surely, we're at that stage rather than sample runaway..
"stock prices" Discussed on AppleInsider Podcast
"Now, the reason they're posting this bond. Why would why would Qualcomm after put up a bond of a one point three four billion euros in order to stop the sale? You ask the reason is that, you know, the the court has gone along with Qualcomm proposed ban on sale of these devices. But that's based on what's been presented so far. It hasn't been fully argued out. And so the bond is what if Qualcomm were wrong would if the court found that Qualcomm didn't do this correctly. What if what if they weren't found infringing, well, someone has to pay apple for all this potentially lost sales? And so Qualcomm is put up the bond. So that if it goes in Apple's favor, Qualcomm, we'll have the money pay. Okay. I think this means is rather than particularly night because you just discovered what's hot and to one point whatever billion dollars at Apple's expected things. Hey, hey. Hey. Hey. Hey, no. So let's let's recap for people who haven't paid attention to yesterday's news. Wednesday's news as it were. The late Wednesday January second which is not when you'd expect big news drop. Really? Would you not talk about publicly? No, you're not full of sense still we have focusing dicey. I don't know what apple does for. Yeah. Folks, as after Christmas, we just have news figured me carry on one of these one of these things. So at any rate January second tends to be a bit of a lull. A quiet time a time for for being with family and reflecting right? It's sort of the end to the Christmas holidays and the beginning of the new year and getting back into the swing of things by around the fourth of the fifth were back on full initially UK answer coming up to tax terms there. You should have finished before which is a bit more of a hive of industry in excel. But yes, other than that for knoll people sensible people. It's get right, right. So it was unexpected that news withdraw and the news. Is that Apple's earnings are not quite what they expected to be. What were the exact numbers they were the speculations within eighty nine and ninety three billion something like that? And they're revising predictions to be about eighty four billion that it's so range, but. Yes. I think the top is nine billion potentially less writer about seven percents is kind of what I figured it out to be nothing seems low any seven percent. But yes, substantial I like the fact that ABC news here in the UK Elvis around with the story in business things, obviously said stocks were down this stuff, but they ended by saying, but you know, they do have two hundred billion sitting in the cash. So that's not get so worried about apple I don't that was unusually in even-handed on the financial news reports when when you have a company as big as apple is when Apple's fortunes turn down so does the rest of the market follow a little bit. So for example, I'm just looking at the notifications from investing dot com and just the notifications on my phone US futures decline after apple cuts forecast. Apples reduced outlook hits global. Stocks yen jumps apple plunges in pre market battered US. Investors may need to emerging markets for better returns. So it has farther reaching impacts than just Apple's going to be okay. Because Apple's got all this money in the Bank has hit the knock on affect his supplies and things like that..
"stock prices" Discussed on AppleInsider Podcast
"You're listening to the apple insider podcast. Well, it's new year. And this is the apple insider podcast. I'm your host Victor. And joining me is the witty William Gallagher. I was just please you have their back. I wasn't expecting a routine government. Thank you very much. The erudite s- fixer that you got doesn't even that's not even alliterative all come on lisera mole way. That's so so we sat down over the Christmas break, and we thought about what to do about this because I want you to know that you're very much appreciated and our listeners want you to know that you're very much appreciated, and so some of our listeners some of our finest most handsome listeners came up with some per lives for you. I'm just going to say I was thrown in there. I'll tell you any such nice. I thought you meant listed, right? That people didn't you talking about as I was gonna wrong-footed by now, I'm wary. Some of them thought you were winsome K. Clearly, they haven't seen your online profile picture. But some of them thought some of them thought you were wholesome which I would accept. Coke case, pending, right, right? Wins. Ical don't. Yes. Yes. Worldly court case spending. I don't think there's a blocker minds national frontal, that's not in the current round of appeal guess the border and see what happens wondrous, somebody said wondrous someone said, yeah. And then we'd lost the literal and went into esteemed, Admiral acclaimed, revered eloquent and articulate now, I I am a little bit concerned about about the revered portion of that. We're still talking about may cause. Yeah Yeah. anymore. But I know now the esteemed part works because the esteemed, you know, in in America, we have a tradition, historically, especially in our government of colleagues in in congress, saying, you know, my esteemed colleague from the other side of the aisle and. All right MS because then they can't remember the name down. I get that one. It's more of a backhanded insult. Really? Okay. It's it's not that. They can't remember the name. It's it's that by emphasizing the these steam within which they are held there. They're saying that dirty scoundrel. And that's where we've described you accurately. So talking about dirty scoundrels. We should talk about a couple of things. Right. We should talk about Qualcomm briefly. So I'm still reeling from that last ROY. Qualcomm. Yes, I think there might be other things. There are there are but quickly call come right? So Qualcomm said on Thursday that they'd post that today actually said that they'd posted recording Thursday we released Friday. So they said today that they posted security bonds of one point three four billion euros in order to be able to enforce the court order that will ban sales of some apple iphones in Germany, and they needed to post these bonds as part of a legal requirement by the German court. So the German court found on December twentieth that apple infringed on Qualcomm patents on power saving technology that were used in smartphones. Apple said had said earlier that they would pull some older models from German stores. According to the court order apple has to stop the sale offer for sale and importation for sale all infringing iphones in Germany. So it's not clear, which of these phones are the infringing ones or the old models or they new models. What? But apple said that they're appealing the decision. The order goes into effect as soon as Qualcomm posts the bond, which they've done..
"stock prices" Discussed on Recode Decode
"A company in san francisco signal labs he's out longtime political history when things were easier with things easier than it didn't feel like it but looking back man all right we trade it along i know i know easy right it was just annoying local news reporter that got some good so let's talk about what pete with companies can do because i do want and then i want to get back to politics this midterm elections coming up when this is it's disinformation it's manipulation of these networks it's just using the networks well for for disinformation but let's talk about what people can do companies can do i mean obviously every company and it can't just now have a social media presence they've got to understand the impact of social media on them in order not to be as twitchy presumably i mean and there's a whole strategy and the the other thing that we're seeing too there's a converging of you know before social media team work differently than the communications team which worked differently than the marketing team we're seeing all of those things really start to converge so all of those whereas they used to be really silo d they're they're all turning into one so that's step one is making sure that you have the communiqu the internal communication within those different groups and teams the number two when you start to see this start to happen you need to be able to see okay where it's coming from and what are the motives once that gets established then you're able to start figuring out what your strategy is are you going to say hey this is manipulation hey this is a network that's coming out there are certain ofensive strategies that you can do to in terms of how are you pushing out your message as you can map sort of that new landscape of where the botts where the influencers how are you stop them they just go away they just fade back they make a mess and then fade back but the other thing is if you if you tell your message in the right way or you give your message to the right influencers you need to know how's that going to be amplified by realty yourself yeah how do you use that to your bility to so there's a lot of different things you need to look at from a landscape perspective as well as just sort of a general strategy perspective has your reacting to these things when you bring it to a corporate and here's look this new thing just was bought related what's the first thing they do it depends on the situation depends on the situation although if it's an economically motivated situation you know that's that's pretty relevant means that you need to be aware of how this is going to impact stuff like your stock price right if it's more of a corporate reputation situation right which is often which often it is or if it's about your ceo you know that's really important too and so to be able to get out there and correct the record to be able to go out there and and really make sure your message being amp fight here's another interesting thing that we see time and time again and i'll give you a real world use case to illustrate this we found bought networks that get used the term woken up based off of certain keywords so for example we found about network where every time a major technology companies name is used in the same headline as the word vulnerability it awake on each will start to amplify okay and so if you're a technology whenever facebook and fuck up happens it yeah i mean you can check that privacy fuck i'm sorry mark but i'm just glad to know i concur some this yes he may feel free great thanks so if you know that if you know that's part of the landscape how do you then number one make sure from a defensive perspective that those headlines are coming out right which can't which would which you can't but you might be able to sort of figure out the best way to frame a story based off of that or from an offense perspective how do you use that in a positive way you know that's a less sophisticated bought network now what's scarier the more sophisticated but networks so let me give you an example of one of.
"stock prices" Discussed on Recode Decode
"We're here with josh ginsburg he is the ceo and co founder of signal labs is here in san francisco he does media intelligence helps companies see how they're being perceived on social media a lot of people do that a lot of companies do that but you're focused now more on nefarious players it's obviously a growing problem in politics the russians obviously use the tools of social networks really well and in fact didn't people always think they hack them they didn't hack them they use them properly and now these bought networks are doing that now we talk a lot about bots and in politics and the ability to swarm and to create a lot of four outrage and to create news that doesn't exist and things like that but it's moved into the corporate space do you think companies have a sense of this like that that they are being attacked for the most part no i think that because it's really impossible to see if you don't have technology to right right just looks like natural conversation right and so time and time again when we go to companies and we show them this data and these anna critics they're pretty surprised and once they have that awareness it really starts to make sense but if not you're responding to things and you're using resources on on elements in the media that just really are not that important so it can have a real impact on a reactive that you get instantly reactive something you make decisions and stuff like that let's talk first about the two culture ones roseanne barr samantha b yeah so those are two opposite sides same winked same way same thing so explain what happened in each of those cases so in the first instance you had roseanne barr and roseanne said put out of terrible tweet about valerie jarrett and what you saw almost instantly were bought networks wake up and they started amplifying what roseanne set and what's interesting was it was kind of on both sides of the issue so there was one baht network or one side of the networks that were saying this is terrible roseanne etc etc there is other side that was saying hey you're being too hard on roseanne you know the you know the the liberals get are getting them set so you have both these things and what ended up happening was real people within join the conversation because they were outraged sign on either side so really the goal there was to sow discord within western culture and who was that who are those botts well so sometimes we're able to track those back it depends on how sophisticated the bought network is in some cases you can't it's more they wake up why did who wakes them up usually there's some sort of nefarious actor who's controlling these networks behind the scenes sometimes it's a group you know in politics you hear about this a bunch of on the hill that they're looking into various agencies overseas that do this so it's coming from a lot of different angles and again some of this is economically motivated some of this is culturally motivating this tax present and then samantha b when she said that terrible thing about ivanka trump which is also tasteless not nearly not the same level of those not advise not advisable but not as bad as what was ended but the reason for that then is that humans were justifiably upset on both sides of that but it creates a ginny up affect jenning up in fact kind of it forms this poisonous environment within our public sphere and if you think about it these people who are doing this are not necessarily looking at it in that moment they're playing the long game okay how can we poison this how can we make a cloudy these issues murky so when they do go out there and do something that's more economically motivator motivated to impact our democracy our politics it's order.
"stock prices" Discussed on Recode Decode
"Couple of different points when he had that recording or any talked about people like it was there was a couple of times he really got bitten by internet kind of memes and byrol iras and obama benefited from it on the on the flip side there was an error on by the obama people and all in that no of looking point of view did a great job using sort of the media landscape to their advantage and if you think about sort of how things have evolved i mean the difference between eight and twenty twelve was huge too i mean thankfully i was out of politics by that point but that's something that really consistently consistently occurred right and that was the palin mccain yeah those palin became right which was an internet phenomenon then was not yes same thing like it's sort of bet went back to that snl clip that went around and had a lot of impact from what i can tell on the campaign dramatic impact and now think about it there was new ways of getting out your message at that point i mean how do you use the internet to your advantage how do you make sure that that coalesce is in the right way with more traditional types of media like newspapers i mean that's when you really started that landscape starting to shift even more even talking about that more so you went off and did this company you got sick of politics guy that's the nice way of saying it yeah i mean after politics i went into public affairs so i worked at a large public affairs firms owned by one of the massive holding companies i started to public affairs firms of my own where our clients range from the boot teak nonprofit the fortune ten company and really everything in between in the bottom line i think we're our companies cigna labs really comes into play as every single time in every single step along the way we face the exact same issue now the landscape look different but the issue is the same which is how can i hear what is being said about myself out there but most importantly take action on those rice so when we were doing everything you know quote unquote the right way in order to hear what was being said about us is we'd have ten twenty year olds in a back room constantly doing google news searches with a walla tv's in front of them and later on with tweet deck and every eight minutes or so i get a new email saying hey here's a new story that mentions your ceo or your company or your candidate and and my question was always the same which is i mean hey that's great but is it moving so trending is a positive is negative mice and portland with type of action not just because it's there i it'd be was just it's on there right exactly and so when we started signal labs and i had two great founders eastward labs it seems yeah it was very silicon valley story it was either that or you know taking out a vowel tervell all right okay that would attract me us to z all right okay all right so you created to make it more able for people to use dashboard format exactly so and we've really targeted three things so.
"stock prices" Discussed on KBNP AM 1410
"That stock prices of run too far too fast which may have worried some individual investors what are you have to say about that it's definitely human nature to want to predict the future in there's so many financial shilton numerous expert hit base had business on getting the market basically my opinion that most of these predictions are of little practical value to of moneymanager or to individuals primarily because tomorrow there's another repeating under moshe market and economic conditions we find there usually investments to be made or to hold historically the valuations on a lot of the popular stocks are definitely high by most measures but also us treasury 10year bonds and treasuries erred historical low rates so we've got to consider which ways the best way to go most of the highpriced issues are also exhibiting rapid worldwide growth til this is where the majority of attention spin focused right now in the market that's not saying that many of these aren't other movie worth their price footprint since the fangs in these type of stocks that are really running and really collecting a lot of cash right now and their leading the index is for sure but there are so that can be a lot of volatility and drops along the way so at orchid investment management we love getting into growth stocks early but we uh approach fast growth issues that these high multiples with a lot of caution so here sound research is always paramount or tape is still positive and were keeping a close watch on the economy and market performance or any changes in the santa door in performance of the issues listeners for a free 45minute portfolio review call and ask.
"stock prices" Discussed on Bloomberg Radio New York
"The walls and spending and as you mentioned the probably not going to because they don't have that much money and uh and because of the wages and the incomes have been searching somewhat step stagnant a little fairly the slight upward increase but but the bottom line is we owe they are showing up they are ringing cash registers whether that is online or whether that's and bricks and mortar and that's going to contribute favourably to this report in there with which would account of call the control group is what we really want to watch an addict school news the food the foods services auto dealers the building materials that you would mentioned uh cells there and that goes into the the the estimate of of of uh consumer spending for for for the gdp broke it that's that's consumer spending could move on to another subject will quickly lead orange book that we get every friday our companies spending specifically on research development and cap x they are however there are a number of a good a handful of companies have made mention that they are postponing or delaying a cap all spending plans until projects and things like that until they see some policy announcement of from from whether it be taxed trade or or from from the government in the meantime against the that by or go to continue and then they're going to hear hordes keep growing and sending the stock prices higher rich thank you whichever emerald for bloomberg intelligence provided unique realtime research in context on industries at all the market and government factors that impact business terminal customers you can access dysfunction at be ideal vis egos bloomberg bloomberg surveillance with tom keene new jersey transit in the crowd with gideon rows of foreign affairs diseases of tough what's your school and neal soss from credit suisse have at eastern on bloomberg radio this is a bloomberg market minute.
"stock prices" Discussed on NPR News Now
"This is npr the details surrounding the death of an australian woman at the hands of a minneapolis police officer remained sketchy with orders are still releasing few details about what led to the death of the woman was about to be married forty year old justin reuss track whilst went by the lastnamed damon was due to be married to fiance don damon next month still not clear as wine officer responding to a nine one one call about a possible assault shot the woman in alley behind her home will committee has identified the officer who shot her as a somali american who joined the police department in two thousand fifteen trapattoni mexican grill says it's temporarily closed as locations sterling virginia following multiple reports from diners who got ill after eating there appears euguinea gucci reports the company's stock price fell as investors recalled health problems that plague the company two years ago which a pele closed after several customers reported online that they suffered stomach cramps vomiting and diarrhoea after eating there last week that is an especially sensitive issue for tipote lay which struggled with recurring problems with foodborne illness two years ago the caused stock prices to plummet investors were quick to react with the stock losing at one point more than seven and a half percent in value the restaurants as the symptoms reported were consistent with norovirus which does not affect its food supply the company has said it has sanitized and will reopen its sterling store tuesday you can iguchi npr news washington before the cinco hasn't grown in the past few days but it's also still considered a hazard in the town of lando lakes florida a number of homes remained evacuated the cinco is now two hundred and five feet wide in fifty feet deep.