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June 29, 2024
President trump was elected, and his most important piece of legislation hangs in the balance, tax cuts. And well hear from one republican congressman why hes voting no. First, one of the biggest deals of the year between at t and time warner, worth about 85 billion, could be in jeopardy following pressure from the department of justice after a series of threats from the Trump Administration lets bring in our own Andrew Ross Sorkin who helped break the story, he joined us on the the fast line. A...
June 29, 2024
Record earnings in 2017. Joining me today on bloomberg studio 1. 0, Electronic Arts ceo Andrew Wilson. Lets start at the beginning of your time at ea. 2013, the company was struggling financially. The consumerist named you the Worst Company of the year two years in a row, but today, it is different. You have reported record profits. What did you do differently . Andrew i have been in the Company Since 2000. In 2013, they made me ceo. Emily i dont think that is quite true. Andrew somewhere in the...
June 29, 2024
Wilson, longtime gamer, musician, and surfer has engineered a major turnaround with ea announcing record earnings in 2017. Joining me today on bloomberg studio 1. 0, Electronic Arts ceo Andrew Wilson. Lets start at the beginning of your time at ea. In 2013, the company was struggling financially. The consumerist named you the Worst Company of the year two years in a row, but today, it is different. You have reported record profits. What did you do differently . Andrew i have been in the Company ...
June 29, 2024
A year later, we were launching another battlefield game and it was not quite ready. You follow our industry, firstperson shooters always launch in the quarter right before the holidays. We had to make a decision for our players. We could launch it, but the game is not ready. So we held it. That was the big move to hold the biggest game in the biggest quarter and ship it six months later. Once players see that, they recognize we were serious. We have made a series of decisions like that in servi...
June 28, 2024
Im wilfred frost. Very good morning to you from me as well. Welcome back. Thank you. Its been a crazy, long week. Exciting day to be on closing bell with all the earnings. Thats coming up later today. New music friday. Well listen to the latest from katy perry featuring migos. Probably saying that wrong. Also wanted to send my congratulations and thanks to Louisa Bojesen after her final show on street signs. My very first day on air was with louisa. Wishing her thanks, because i wouldnt be here ...
June 28, 2024
Trump about how we could end up in a major, major conflict in his words. Did put some pressure, if you see the nikkei, down about 0. 3 . Same with the hang seng. In europe this morning n some early tlading, things are mixed. The ftse is down by 0. 25 . The cac is up by that much. The dax is up by 0. 10 . With crude oil prices this morning, looks like wti is still below 50. Up 27 cents. Tech stocks on the move this morning. After quarterly reports late yesterday. Lets give around up of whats goin...
June 28, 2024
A massive loss and that stork is do sto down almost a percent. Phil lebeau is gearing up for the tesla call which starts in 30 minutes and well check in with him a little bit later and we have David Garrity manning the red phone for the Conference Call. Well hear his instant reaction later. First, we cake it off with Julia Boorstin who just spoke with Sheryl Sandberg moments ago. I just got off the phone with Sheryl Sandberg and we spoke after the earnings crossed and she wanted to talk about wh...
June 28, 2024
Investigation are now coming out by the minute. We have network and local crews working this story. Our coverage continues on nightly news. Lester holt will join us at 5 30. We are also following breaking news out of Contra Costa County. A News Conference underway right now as were learning more about a man investigators say set fire to a bunch of cars in the east bay. James bishop iii was arrested over the weekend after this car was torched. One of a series of fires that happened the past coupl...
June 28, 2024
Mark for the first time today. Its an impressive feat that only four other u. S. Listed companies share. That puts amazons market value as roughly 470 billion, about double that of walmart. Its more than 15 times the size of target. After hitting 1,000 a share, the stock pulled back just a bit, closing just shy of that mark at 996 a share. But it was enough to put amazons Ceo Jeff Bezos within striking distance of topping bill gates wealth to become the worlds richest man. Tonight, a look at how...
June 28, 2024
Verdes. Sarah eisen and mike san tolly holding down the fort at post 9. The nasdaq hitting a fresh record high. A number of big names taking the stage on day one. From his relationship with washington to Driverless Cars to an impact on society. It is recurring panic. People get all amped up that they are going to take the jobs. The jobs that were taken by the auto was 1,000 x, the number that the black smiths have. They call it the labor fallacy, which is technological change causes productivity...