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June 27, 2024
Jon fortt and Brian Sullivan is also here for the hour. Good morning to all of you. Carl has the morning off. Joining us, Business Insider ceo Henry Blodgett and Stifel Nicolaus Market Strategist kevin karen. Were going to talk about the markets, talk about the fact that we are not only hitting and opening at dow 20,000 but also rising through that level. President donald trump commenting on the markets record move in an interview yesterday with abcs david muir. Take a listen. Im very proud of t...
June 27, 2024
And later, exclusive access inside the 50 million mansion that tequila built. Break out your saltshakers and your lime wedges because power lunch starts right now. And welcome to power lunch. Im melissa lee. The record rally rolling on. The dow, s p and nasdaq, transports all hitting record highs in todays session although were take a bit of a pause right now. Sps and nasdaq just off the highs. If the dow holds at this level it would be posting its first threeday winning streak of the year. Im B...
June 27, 2024
Questioning where your growth is going. Yeah. Whats happening . First of all, i think we need to control the narrative a bit. When people refer to the last Earnings Call we were for q3, plus 22 on the top line and plus 23 on the bottom line. We narrative we taught about is where we saw operating income. Fourth quarter, great back to school. We felt good. What weve learned though and i think what weve seen is this business is much more. We have a Growth Company. Current outlook has double digit p...
June 27, 2024
Darn stupid lately. Maybe President Trumps thrusts have thrown investors off their game. But im becoming increasingly aware information not being valued accurately day after day. Its a big factor in the rally. Dow up 8 points. S p back slid 0. 09 . Nasdaq declined 0. 08 which can only be regarded frankly as a successful consolidation of the recent run. Take last night. Take cisco, the giant networking equipment maker, morphing from a hardware to a software company. It reports revenues that look ...
June 27, 2024
This is bloomberg surveillance. We are getting pmi figures out of the eurozone, and this is what they are showing. This is for the month of february. Services pmi rising more than expected, 55. 6. He spoke to economists who forecast a figure of 53. 7. Everything above 50 means it is expansionary. Manufacturing also rising a little better than expected. That is at 55. 5. The forecast was 55. I want to see the full breakdown, but we did have a earlier figures in manufacturing pmi from germany that...
June 27, 2024
Sun. Astronomers have called the socalled xo planets exo planets [inaudible] this is bloomberg. Cory this is bloomberg technology. The roadshow rolls into new york and is facing a slow of a slew of investor concerns. What investors are saying ahead. Over goes into damage control. We will look at allegations of Sexual Harassment and gender dissemination. 350 million compromise. We will look at the new terms of a verizon yahoo deal. First, to the lead. Snap kicking off its first u. S. Investor roa...
June 27, 2024
The cluster of planets is less than 40 up 40 lightyears away. Parenti. This is bloomberg. Cory im cory johnson, and this is bloomberg technology. Tesla pops the hood, reporting fourthquarter loss amidst falling vehicle sales. Plus, a company beating intel at its own Semi Conductor game. Our exclusive interview with the ceo. The latest stop in the snap ipo roadshow. First to our lead. Tesla shares climbing afterhours as the company reassures investors its hyped products remain on schedule. Elon m...
June 27, 2024
The cluster of planets is less than 40 up 40 lightyears away. Parenti. This is bloomberg. Cory im cory johnson, and this is bloomberg technology. Tesla pops the hood, reporting fourthquarter loss amidst falling vehicle sales. Plus, a company beating intel at its own Semi Conductor game. Our exclusive interview with the ceo. The latest stop in the snap ipo roadshow. First to our lead. Tesla shares climbing afterhours as the company reassures investors its hyped products remain on schedule. Elon m...
June 27, 2024
With arm holdings ceo. Snapchat kicked off its roadshow ahead of an ipo. Red herring disclosed slowing User Engagement and rights treatment. Joe siegel is a portfolio manager. I think anything at 20 billion, you have to justify the valuation. Here, the questions are around user growth. Around they danced issue of user growth, alluding to issues of the android. Monetization they touched on lightly, but as the story progresses, you will need to see more metrics. Cory we were joined for more. We we...
June 27, 2024
With arm holdings ceo. Snapchat kicked off its roadshow ahead of an ipo. Red herring disclosed slowing User Engagement and rights treatment. Joe siegel is a portfolio manager. I think anything at 20 billion, you have to justify the valuation. Here, the questions are around user growth. Around they danced issue of user growth, alluding to issues of the android. Monetization they touched on lightly, but as the story progresses, you will need to see more metrics. Cory we were joined for more. We we...