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Transcripts For BBCNEWS Business 20240702

Price on a tear. The stock . Well, its up 97 this year alone. We dug into nvidia is resold with marc einstein, chief analyst and Digital Services at itr corp. He said if the momentum is sustainable. I cant really remember the last time we were talking about triple digit growth in the tech industry. So this is very exciting but, as youve said, this is being driven by the Big Data Centre players, and they do have a buying cycle and so i think we need to be a little bit cautious when we think about, you know, how long we can expect this kind of Phenomenal Growth to continue. Well, nvidia also announced that they will be having a 10 for 1 stock split. What does that mean for investors . I mean what it really means is this is becoming one of the largest held retail stocks. And so, you know, were going from institutional to retail and that will change the Price Dynamics and the outlike of the outlook of the stock as well. And the outlook of the stock as well. And Artificial Intelligence chip

Transcripts for CNN CNN Newsroom With Pamela Brown 20240604 01:51:00

extraordinary high demands on ticketing systems, and insufficient remaining ticket inventory to meet the demand public on sale for taylor swift, the tour has been canceled. not swift said she s not going to make excuses for ticketmaster but she posted this on instagram quote we asked them multiple times if they can handle this kind of demand and we were assured they could. it is truly amazing 2.4 million people got tickets but it really kisses me off that a lot of them feel like they went there several bear attacks to get them. so what went wrong? there is a presale event for registered fans on tuesday and so many people try to access it that ticketmaster website could barely keep up. the company said it sold more than 2 million tickets that day. it is the most ever for one artist and a single day. but what about the fans who did not get a shot at the presale? you could say they are seeing red. and that lawmakers are looking into it. this is of the first time that ticketmaster s run in

Transcripts for CNN CNN Newsroom With Pamela Brown 20240604 01:53:00

the man you saw speaking there, michael rappa know is headed ticketmaster parent company live nation entertainment. senator amy klobuchar was at that hearing in 2009. and yesterday she wrote in this letter quote i have been skeptical of the combination of these companies since you emerge. you appeared as a witness and pledge to develop an easy access one stop platform that can deliver tickets and you said you are confident this plan would work. it appears your confidence was misplaced. to borrow from taylor swift new song antihero it sounds like senator klobuchar is telling ticketmaster it is you, hot you are the problem. it is you. we will be right b back

Transcripts for CNN CNN Newsroom With Pamela Brown 20240604 01:44:00

we ve seen from advertisers to date. he s, you know, fired, laid off a lot of people, elon musk has at twitter, but he s also seen a lot of people who have decided they re leaving, they don t want a job at twitter with the way he s doing things. do you expect that more employees will follow suit after this? i think it s possible. i mean, twitter tends to be a very progressive company. if you look, there have been data shown that a lot of the employees have tended to vote or contribute in elections that mean progressive or democrat. i think a lot of people there, though, who have been there a long time, they believe in the mission of twitter. i don t know that the trump thing is going to make them, you know, run for the hills. i think it s another data point in all of the things that have been happening the past few weeks that makes current employees question the direction of the platform writ large and whether or not they think that this is a place that s going to value their opini

Transcripts for CNN CNN Newsroom With Pamela Brown 20240604 01:46:00

not. it s not going to look good for the business of that company. all right. sarah fischer from axios, thank you so much for joining us on this breaking news. former president trump s twitter account being reinstated here just moments ago. and we will be right back. and we know 80% of couples sleep too hot or too cold. introducing g the new sleep number climate360 smart bed. the only smart bed in the world that actively cools, warms and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number. i see an amazing place. feels like a dream. a place of many wonder- d full of life. i open my eyes: earth is our pandora.

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