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CNBC Squawk On The Street June 22, 2024

Twitter. Shares down 11 premarket after showing the worst growth rate ever. I spoke the outgoing Procter Gamble ceo yesterday. That coming up. Some disappointing guidance but first up twitter taking a hit despite beating expectations revenue up 61 in the user growth quarter. Interim ceo dorsey last night expressing his dissatisfaction during the Conference Call. Instant time lines and logged out experiences have not yet had meaningful impact on growing our participation. This is unacceptable and...
New York United States District Of Columbia San Francisco Walt Mossberg Brent Saunders

CNBC Squawk Alley June 22, 2024

And jon fortt making his way back from out west. You know why we cued the billy joel at the top, shares of twitter had their dose of honesty. Extending their losses, revenue up 61 in the quarter. Executives voiced concerns about user growth. Here is jack dorsey the interim ceo on last nights Conference Call. Chronic initiatives we mentioned in previous earnings calls like instant timelines and log dot experiences have not yet had meaningful impact on growing our audience or participation. This s...
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CNBC Squawk Alley June 22, 2024

Facebook shares in the red. Even though results did beat on the top and bottom line. Total revenue up 39 . Some of the decline possibly attributed to the surge in spending. With expenses up 82 . On the call, Mark Zuckerberg continued to tout progress with video. Take a listen. Video continueses to be some of the richest and most engaging content for people and publishers and since the start of the year, pages are also sharing 40 more video. We updated our news feed ranking to help people see mor...
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CNBC Squawk Alley June 22, 2024

Shows on a television, computer, tablet or smartphone. Unlimited talk and text up to four phones. 10 gigs of data. Head of marketing tells usa today we want to get out early and make a splash and, john, everybody is wondering what this says about the evolution of the bundle and media as we go forward. This makes no sense. Its like you have a bunch of stuff in your fridge and you just throw it together to make a potpourri for dinner. Why you would possibly need a satellite in this mix makes no se...
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CNBC Squawk On The Street June 22, 2024

Reaction. Plus on media week selloff, subscriber losses, advertiser declines weighing on companies. And the morning after well recap the gops best debate moments last night, the big winners and the losers. First up, the jobs number. The u. S. Economy added 215,000 jobs in that month. Unemployment remains unchanged at 5. 3 . Weve been watching wage growth average Hourly Earnings up by five cents. Thats about 2. 1 on the year. Just a smidge below the estimates. The Unemployment Rates, 5. 261 is no...
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CNBC Squawk On The Street June 22, 2024

Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buy...
New York United States District Of Columbia United Kingdom San Francisco Menlo Park

CNBC Squawk On The Street June 22, 2024

Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buy...
New York United States District Of Columbia United Kingdom San Francisco Menlo Park

CNBC Squawk On The Street June 22, 2024

Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buy...
New York United States District Of Columbia United Kingdom San Francisco Menlo Park

CNBC Squawk On The Street June 22, 2024

Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buy...
New York United States District Of Columbia United Kingdom San Francisco Menlo Park

CNBC Squawk On The Street June 22, 2024

Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buy...
New York United States District Of Columbia United Kingdom San Francisco Menlo Park

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