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June 19, 2024
A Top Hedge Fund manager says theres a clear consensus that we are in a tech bubble. In his letter to clients, David Einhorn says companies he is betting against may fall at least 90 if and when the market applies traditional valuation. He writes certain cool kid companies and analysts are pretending that compensation paid in equity isnt an expense because it is noncash. At ts profit dropped slightly in the first quarter. Revenue was up 4 thanks to a growing wireless business. The company added ...
June 19, 2024
Both sides in this conflict are criticizing the United States. Yousuf gamal eldin joins us from cairo with the latest. We have been hearing about the escalating numbers of those who have been injured and killed in the situation. It sounds like it is getting much more tense. Absolutely, becky. A lot of tension this morning here in downtown cairo as the Muslim Brotherhood calls for a million man march, basically, for their supporters to take up arms, to step up against Security Forces. Now, we hav...
June 19, 2024
Territorial integrity of people in taiwan are getting increasingly anxious about the potential trip. Seeing that the u. S. Just wants to spread its power and influence the lucy touch, chinas bottom line. She touched the red line. So both the us and china have to take action accordingly. They just use high one to get our attention for domestic market with hello sees visit will add tensions across the Taiwan Strait. I really hope the americans wont come around to mess things up so that we can live...
June 19, 2024
In a tech bubble. David einhorn says companies he is betting against may fall at least 90 if and when the market applies traditional about uh and traditional valuation. Ime was are pretending intention paid in equity is an expense because it is noncash. At ts profit dropped slightly in the fourth quarter. Undermpany added six 25,000 monthly subscribers, up from 296,000 from a year ago. The next program which allows customers to pay on phones rather than having a contract. Amazon is apparently ta...
June 19, 2024
Stone learned from twitter. Will bill gates ever return to microsoft as ceo . We have the answer and a conversation between dates and a conversation with bloomberg lp founder tackle bloomberg later. Amazon has been disrupting everything from ecommerce, shipping, groceries, and tv could be next. Theyre looking at starting an online paid tv service, some sort of expansion of amazon prime instant video but with life programming. Theyre reaching out to Media Companies to secure contents. Verizon acq...
June 19, 2024
Affect . Could it jelly, his first time serving as ceo of a startup in lessons biz stone learned from twitter. Will bill gates ever return to microsoft as ceo . We have the answer and a conversation between dates and a conversation with bloomberg lp founder tackle bloomberg later. Amazon has been disrupting everything from ecommerce, shipping, groceries, and tv could be next. Theyre looking at starting an online paid tv service, some sort of expansion of amazon prime instant video but with life ...
June 19, 2024
Spirited discussion about the themes here. That ford on bloomberg surveillance, Arnie Sorenson from Marriott International has a global feel for the ebb and flow of American Global business. Ken rogoff joins us in a bit, a lot to talk about. Whereeems to be a davos the business crew, the corporate crew is taking over the meeting. Corporations are everywhere. Hans nichols was showing the helicopters with london tv, they are out. Joining youe shortly. We need to get to Michael Mckee with our morni...
June 19, 2024
Alibaba gets ready for what may be a world record ipo. A look up to one of its earliest investors. A master storyteller. Conclusion of his trilogy he tells us about the business of being an author. It is wednesday in new york city. Nextlot to cover in the few hours. Lets take you to the top is in stores around the world. An activist investor wants to break up dupont. Criticized dupont for. Ailing to meet earnings it will meet with other shareholders to make its case. Eric holder wants bigger rew...
June 19, 2024
They have ended services that toow them to send money their families. It is all linked to a crackdown. We begin with another cross continent deal. Will payaniel medlin 3 billion in cash in their biggest takeover ever to acquire wild flavors. Hans nichols is more on this megadeal. They make capri sun. Wild flavors was started as a German Company and is now headquartered in switzerland. Downstream, some of their products include capri sun. As thethink of capri sun drink other kids got to drink bec...
June 19, 2024
Bowe s boxilai. Andrew. Thank you, becky. We have a little bit of Corporate News this morning. Citigroup has suffered a significant decline in trading revenue. It threatens to decline the earnings. Theres a market wide earnings. Shares of blackberry today, the Company Warning on friday that it expects to report a huge quarterly operating loss. It plans to cut more than 1 3 of its global work force. Thats big, big news in blackberry land. Microsoft expected to announce a new surface tablet comput...