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July 16, 2024
Earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. Came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards. Rofitability we see nearterm drivers in the form of reducing driver and rider promotio...
July 16, 2024
And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promo...
July 16, 2024
Rates because they have already accounted for trade. Id weve taken caracalla weve taken care of that, i didnt have to worry about every up and down in trade negotiations. The nature of the war is that you have titfortat going on all the time. It is not reasonable for Monetary Policy to respond to all of these threats and counter threats. Weve already taken that into account. Trade regime uncertainty is high , and we are putting that into the Monetary Policy calculus. Alix then you have a three m...
July 16, 2024
Charles stocks are rising sharply after u. S. Trade representative said some products are being removed from the china tariff list and other products will actually be delayed until december 15th. Here to break down the numbers, from the white house is Edward Lawrence. Reporter charles, a phone call between the two trade delegations this morning set all of that off. The u. S. Trade Representatives Office said, yes there will be 10 tariffs on basically Everything Else the china i am poverty into t...
July 16, 2024
And double digits, softbank announced its second vision fun after its wildly popular first tech fund. How it is changing up the landscape. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Sales, bookings, and monthly users all missing estimates. Shares down to the lowest level since may. Here to crunch the numbers and break down uber eats an active users is Mandeep Singh of bloomberg intelligence. Payment fairly disappointing, what is your biggest take awa...
July 16, 2024
Regulation that protects peoples privacy online and then makes sure that we have robust competition. But that does not impede our innovation or competitive advantage over europe or other nations. I do believe theres a possibility to get that kind of wellcrafted regulation. But candidly, congress has an extraordinary knowledge gap. People here frankly dont understand Technology Well enough. So we need to educate ourselves and then see if we can have well crafted regulation. Second, and equally im...
July 16, 2024
Host if you could, in a general sense before we get specific, share with us your philosophical thought at this time about that. Guest i would say two things. First, we need wellcrafted regulation. Regulation that protects peoples privacy online and make sure that we have robust competition but that does not impede or innovation or competitive advantage over europe or other nations. I do believe there is a possibility to get that wellcrafted regulation but candidly, congress as an extraordinary k...
July 16, 2024
Google, amazon, intel, and many others after the bell. Coming up in just a few moments, well talk about todays pullback much more with Hayman Capital Management founder kyle bass will be good to get his thoughts especially on china. Joining us for the hour, cnbc contributor stephanie link is back from nubene are you taking a chance from this pullback to do anything today . Its an earnings bonanza. Im still way behind in the Conference Calls that started last night but yeah, during earnings seaso...
July 16, 2024
He represents much of Silicon Valley. Congressman khanna, as you well know there are a lot of conversations going on legislatively and in the regulatory communities about some of the Tech Companies in Silicon Valley and whether or not they should be more highly regulated. If you could in a general sense before we get into some specific issues, share with us your philosophical thoughts at this time about that. Rep. Khanna two things. First, we definitely need wellcrafted regulation. Regulation th...
July 16, 2024
Capgemini buys Digital Services firm altran in a deal worth 3. 6 billion euros sending shares in both companies higher. And ecb Vice President denies low rates have hurt profitability of the regions banks and says foreign merger activity is indispensable. The iranian president has hit out at the latest round of u. S. Sanctions and says they will fail. He told state television that the measures show washingtons desperation and that tehran is practicing strategic programs. President trump describe...