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July 16, 2024
Audio real quick . Hell of a time getting in here today. You sound great and you look great. Thanks, i needed that. Gavel again. Okay. Good morning, welcome. I call to order subcommittee on oversight. I want to thank everybody for joining us today. Were holding this hybrid hearing in compliance with House Resolution 965. Accordingly i am joined by members here in the hearing room as well as approximately ten members on the remote platform. Thats outstanding, and i want to thank them for joining ...
July 16, 2024
Despite the spike in covid cases around the Country Companies are looking to the other side of the pandemic as we make progress on a vaccine. Pfizer out today with big news it applied for fda emergency use of its vaccine and Corporate America sending signals of an all clear. Nike, merck, kohls and costco, more and more Companies Getting comfortable forecasting the future the number of big businesses issuing Forward Guidance up 30 from last quarter. Corporate america is looking to the other side ...
July 16, 2024
Mr. Chairman, are you ready to begin . Please begin your five second countdown. Chair pappas five, four, three, two, one. Good afternoon. I call this hearing to order. Without objection, the chair is authorized to declare a recess at any time. We have a number of members participating remotely today. And before we proceed, i would like to go over some items for our members participating remotely. First, if youre experiencing connectivity issues, please make sure you or your staff contact our Tec...
July 16, 2024
Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have ...
July 16, 2024
What we are get interesting the university of Michigan Sentiment survey. The headline number, way, way weaker than anticipated. That number coming in at 77. Thats down from 81. 8 last time around. When things are good well north of 100. The expectation was for 82. Current conditions, 85. 8. Thats actually ahead of expectations. But its the expectation number, the forwardlooking number here, that is really sharply lower. Coming through at 71. 3, alix, versus 79. 1 in terms of where the market, th...
July 16, 2024
Lemonis thatd be like going to Baskin Robbins or 31 flavors and them saying, sorry, we only have 20. Hes letting down his employees. Ovie itd be nice if my own opinion mattered. Lemonis itll be a giant [bleep]show unless you guys are on the same page. And with a new baby at home, he feels like hes letting down his family. Tony my wife, steph, is an absolutely trouper. Shes so understanding, but i know she deserves so much more. Lemonis if i cant help him see what hes done wrong. Tony i guess i j...
July 16, 2024
Lemonis putting not only his company at risk. This is a terrible representation of the business. Im embarrassed. But his most important relationships, as well. Ben then i said, well, whats the plan . Is there a timeline . Kristin you didnt say that. Ben Something Like that. Kristin you didnt say that. You didnt say that. Thats when you said youre the real housewives of new jersey. Lemonis if i cant help him learn to respect his staff. Ben to be frank, i dont really see a relationship continuing....
July 16, 2024
Private companies and universities. It is an hour and 20 minutes. Members should keep their video feed on as long as they are present in the hearing. Please keep your microphones muted unless you are speaking. If members have documents they wish to submit for the record, please email them to the Committee Clerk whose email address was circulated prior to the hearing. Good morning, everyone. I would like to welcome our distinguished panel of witnesses and members and those viewing plotely. Cybers...
July 16, 2024
Any time. Before i deliver my opening remarks, i want to note today the committee is meeting virtually and announce a couple of reminders to the members about conduct of this hearing. First, members should keep their video feed on as long as theyre present in the hearing and members are responsible for their own microphones. Please keep your microphones muted unless youre speaking. If members have documents they wish to submit for the record. Please email them to the Committee Clerk whose email ...
July 16, 2024
Celebrities like lynn arctic caprio and Kim Kardashian. Newly Public Companies newly Public Tech Companies roaring out of the gate. Frog closing j with huge gains and ceos join us. President trump is expected to give a press conference any moment at the white house and we will bring you headlines from that event. News tumbling out by the minute with oracles bid for tiktok. Moments ago bloomberg learned the following about the terms of the deal. That oracle would happen all of tiktoks u. S. User ...