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BLOOMBERG Bloomberg Technology July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Technology July 13, 2024

Zuckerberg describes libra as complex and risky. More on his testimony effort of a House Committee wednesday on capitol hill. Plus, tesla reports Third Quarter earnings and shares spiking on a surprise profit. We have the latest. And cloud carries clout. Microsoft First Quarter revenue beats the highest analyst estimates. Demands come in strong but may be waning. We will explore. First, to our top story. Facebook Ceo Mark Zuckerberg fielded questions from the House Financial Services committee on merits of its plan to establish its own digital money called libra. While he struggled to convince...

CNBC Power Lunch July 13, 2024 - Vimarsana News

CNBC Power Lunch July 13, 2024

Welcome to power lunch, im melissa lee. Were ins ground zero, Texas Instruments falling after its Earnings Report taking down the rest of this group much more on these moves a little later on in the show. Kelly . Mark zuckerberg testifying in front of Congress Today and taking heat on several big issues reporter this has been a tough hearing for Mark Zuckerberg, theres been a lot of anger and exasperation among lawmakers. On Election Security and political speech, red lining and diversity. Facebook changes the rules when 2 convinces itself have you learned that you should not lie. Facebook has...

CNBC Closing Bell July 13, 2024 - Vimarsana News

CNBC Closing Bell July 13, 2024

Bullish analyst note down 26 points on the dow. Cash flow marj j. Stock up as we said 10. 3 the session was 109 at about in terms of the deliveries, what 11 00 a. M. Are you looking out for on that joining us for the first hour of the show, steve weiss from short tascha well we already have the delivery numbers hills capitals partners. So we know that those came in slightly below estimates steve, earnings so far have been they were about 97 now compared good, bad, mediocre . To say 99. Is that the key with markets same as always. But i think overall, revenue we either worry about earnings we e...

BLOOMBERG Bloomberg Technology July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Technology July 13, 2024

Quarter earnings and shares a spiking on a surprise profit. We have the latest. Cloud carries clout did microsoft revenue beats the highest analyst estimates. Demands come in strong that it may be waning. We will explore. First, to our top story. Mark committee on merits of its plan to establish its own digital money called libra. While he struggled to convince them of the plan, he did share one major view with lawmakers. Too big forect is anyone company to do on its own which is why we set up this independent association with other companies and nonprofits areas it is a very complex project. ...

CNBC Fast Money July 13, 2024 - Vimarsana News

CNBC Fast Money July 13, 2024

Chicago. Phil. Melissa, the reason the stock is shooting higher is because the adjusted eps is 1. 86 profit for the third quarter. And that is far above what most people were expecting. The expect aches, the consensus out on the street was for a loss of 42 cents a share. Revenue came in a little under expectations at 6. 30 billion the expect aches for 6. 33 billion in revenue and looking at the gross margins, 18. 7 is what most of the analyst were zeroing in on in terms of what the expectation was for the third quarter. Remember, many people believed as they were increasing model 3 deliveries,...