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Jan 12, 2023
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kate rooney joins us don't mean top sound like i'm connecting the rally off of sam bankman-fried's comments but both are notable what do you think? >> definitely notable, sara. and sam bankman-fried outlining the case didn't steal billions of dollars, leaned into the idea a leverage problem too much money risk. likened it to lehman or mf global despite what's been said phi ftx and those responsible for restructuring the company absolutely trying to shift public perception and a story around bitcoin prices but analysts say a lot of kbad newsd priced in. correlated to what's going on in the macro environment. things like cpi. running out of suell us, bad nes pricesed in, bottom around $1,500 to be exact 's and looking now at rates. things like the dollar and bitcoin's data to tech stock seems to be more important in terms of driving the crypto price narrative than sam bankman-fried, being absolutely newsworthy and catching headlines. >> no question about it. nasdaq up 4% this week bitcoin tracking that ark innovation fund, feels all correlated thank you kate rooney. >>> hit thes banks kicking
kate rooney joins us don't mean top sound like i'm connecting the rally off of sam bankman-fried's comments but both are notable what do you think? >> definitely notable, sara. and sam bankman-fried outlining the case didn't steal billions of dollars, leaned into the idea a leverage problem too much money risk. likened it to lehman or mf global despite what's been said phi ftx and those responsible for restructuring the company absolutely trying to shift public perception and a story...
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Jan 9, 2023
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rooney. kick it off with the broad market, dow negative, s&p 500 has joined the dow in negative territory, strength in technology, but weakness in health care, the defensives, consumer staples, energy is down even though oil prices were higher and gold prices were higher what do you see as thedriver ahead of a cpi report on thursday and coming off the celebration on the slower wage growth >> i think that a little bit of a backing off of the reaction on friday, that celebration of the jobs number that seemed a little faintly goldilocks is probably what we're observing today i don't think today's action in particular has a very sharp story to tell, aside from pretty mechanical bounces in some of the huge growth stocks that got beat up nicely it's defensive groups even as yields come down, just a noisy bit of action, aside from the fact that we spent weeks with the s&p sticky around the 3800 level, here we are at 39, overshot to the upside the 200 day average is below 4,000 i think that's mostly
rooney. kick it off with the broad market, dow negative, s&p 500 has joined the dow in negative territory, strength in technology, but weakness in health care, the defensives, consumer staples, energy is down even though oil prices were higher and gold prices were higher what do you see as thedriver ahead of a cpi report on thursday and coming off the celebration on the slower wage growth >> i think that a little bit of a backing off of the reaction on friday, that celebration of the...
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Jan 27, 2023
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rooney joins us what did we learn about the consumer from these amex results, kate? >> which learned that the high end consumer at least which is really amex's core customer is doing just fine according to executives they said they're looking at some of the max row indicators and everything going on, some of the warnings about a recession and they said we're just not seeing it in the spending. the consumer is strong, they're still spending, that's reflected in their revenue outlook, looking for between 15 and 17% revenue growth for next year and they said they will be conservative, they will react if they need to, but a couple percentage points here or there even if you get things like gdp or unemployment to move around, they said that that's still not really going to affect their outlook and they seemed extremely bullish on the consumer, the ceo was also asked about a white collar recession, the people have talked b the high end consumer getting hip by what's happened with the stock market and the overall global economy and he said the layoffs just have not started
rooney joins us what did we learn about the consumer from these amex results, kate? >> which learned that the high end consumer at least which is really amex's core customer is doing just fine according to executives they said they're looking at some of the max row indicators and everything going on, some of the warnings about a recession and they said we're just not seeing it in the spending. the consumer is strong, they're still spending, that's reflected in their revenue outlook,...
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Jan 19, 2023
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kate rooney joins us more with more on the prospect hey, kate. >> hi, mike. we saw sam bankman-fried comment on this. in a tweet, he is in palo alto on house arrest. he responded saying, i'm glad mr. ray is finally paying lip service to turning the exchange back on after months of squashing sufficient efforts he says, i'm waiting for him to admit that ftx is solvent and give customers their money back. interesting response there he's had a couple blog posts talking about this and claiming that ftx u.s. was solvent. john ray meanwhile, saying, we don't need to hear from you, by the way. it's not helpful call it misinformation there's a huge question if anybody would trust ftx, even with new leadership to use it again. but traders that you talk to in crypto, say the software was pretty good. and there are some people who can see a path forward as a way to bring revenue back and say it was one of the better infrastructure platforms and ways to trade crypto out there probably too soon to tell if anybody is willing to put their money back there >> right presuma pr
kate rooney joins us more with more on the prospect hey, kate. >> hi, mike. we saw sam bankman-fried comment on this. in a tweet, he is in palo alto on house arrest. he responded saying, i'm glad mr. ray is finally paying lip service to turning the exchange back on after months of squashing sufficient efforts he says, i'm waiting for him to admit that ftx is solvent and give customers their money back. interesting response there he's had a couple blog posts talking about this and claiming...
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Jan 3, 2023
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, thank you kate rooney. >>> let's show you where the markets are. under 1100 points. the s&p 500 down about 0.6%. overnight asia rallied on more hopes of a china reopening potential signs that the covid cases are peaking out. the subway usage was higher in china. the nasdaq down almost a full percent even though yields are lower. wall street is buzzing about a huge investment trust after investors pooled on it we'll tell you about the $4 million investment and possible guarantees next. >>> check out some of our top rate seekers tesla down almost 13%. the 10-year yelled lower to start the year apple also weaker by 4%, shaving the most off the dow right now the s&p and the dow rounding out the top five we'll be right back. we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash
, thank you kate rooney. >>> let's show you where the markets are. under 1100 points. the s&p 500 down about 0.6%. overnight asia rallied on more hopes of a china reopening potential signs that the covid cases are peaking out. the subway usage was higher in china. the nasdaq down almost a full percent even though yields are lower. wall street is buzzing about a huge investment trust after investors pooled on it we'll tell you about the $4 million investment and possible guarantees...
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Jan 24, 2023
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rooney joins us now kate, can it last? if so why, and if not, why not >> hey, tyler. the bulls certainly hope it can last, and it has been a good year so far for bitcoin. in terms of reasons why it may not last, there's a litany of reasons that wall street has talked about this week the first one is that some of the buying has really been fueled by existing crypto investors, so you can track money moving into bitcoin, and for the large part it's been moving from what they call stable coins or the equivalent of cash, the dollar-based crypto currencies, you've seep that money move into bitcoin and seen as a recycled crypto what you really want to see for any sort of breakout in prices would be new investor interest which really has not returned to these markets. bernstein put out a note this week describing it as a mean reversion rally, as they put it, technically meaning that it's just returning to the historical averages for prices. they say they are cautious to bearish at this point. katie stockton earlier this morning, a
rooney joins us now kate, can it last? if so why, and if not, why not >> hey, tyler. the bulls certainly hope it can last, and it has been a good year so far for bitcoin. in terms of reasons why it may not last, there's a litany of reasons that wall street has talked about this week the first one is that some of the buying has really been fueled by existing crypto investors, so you can track money moving into bitcoin, and for the large part it's been moving from what they call stable...
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Jan 30, 2023
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rooney on sofi. anastasia, the question here, we are on a roll in the markets coming into this week, and is the fed decision, whether it's the expected 25 basis points or something slightly different, at least in the message, is it a sell the news event or is the market kind of priced this thing okay >> yeah. hey, mike, i think the markets are right to be nervous coming into this week because we have priced in a lot of positive news and the markets should be nervous about not what the fed does but what they say yes, we think it's 25 think it s points and yes, we think we might be approaching the end of the tightening cycle but there is a risk that the fed says, look, the reason why inflation is coming down for most part is because of the decline in headline inflation and fuel lower and food lower and durable goods lower. but we have not actually made enough substantial progress on the service side and just look at how strong the labor market is so there is a risk that they may sound more hawkish than
rooney on sofi. anastasia, the question here, we are on a roll in the markets coming into this week, and is the fed decision, whether it's the expected 25 basis points or something slightly different, at least in the message, is it a sell the news event or is the market kind of priced this thing okay >> yeah. hey, mike, i think the markets are right to be nervous coming into this week because we have priced in a lot of positive news and the markets should be nervous about not what the fed...
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Jan 12, 2023
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, thanks kate rooney with the very latest on that. let's get back to the -- >> the fight >> cpi >> i mean, it was a cage match going on here. >> i think we will i don't know october 10th or 11th check it out >> october 10th or 11th. you've got a date. interesting. >> interesting >> getting back to -- >> what do you want -- >> no, i -- okay >> to continue to litigate this? >> this is going to be fun >> but things are very nuanced on that particular day then he could have changed his stance >> yes and i agree that he was bearish well before then >> well, can i -- les talk a little bit about -- >> please. >> -- some other earnings. i think it's important to keep moving forward i was always the peace maker of my family. and i think you have a dynamic here, if you looked at taiwan semi, the most important i think semiconductor company in the world was up at one point intraday almost 9%, closed up almost 7%. the message that they give they largely derisk 2023. they essentially had guided lower and they hit that and maybe even beat upon it.
, thanks kate rooney with the very latest on that. let's get back to the -- >> the fight >> cpi >> i mean, it was a cage match going on here. >> i think we will i don't know october 10th or 11th check it out >> october 10th or 11th. you've got a date. interesting. >> interesting >> getting back to -- >> what do you want -- >> no, i -- okay >> to continue to litigate this? >> this is going to be fun >> but things are very...
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Jan 26, 2023
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kate rooney, thank you >>> back to the bond market now. we just had seven years go up for auction. let's get out to rick santelli at the cbo >> we had 42 billion 2s, solid "a." 45 billion 5s yesterday, solid "a." today we complete 120d billion in treasury coupon supplies with 35 billion 7s. agave it an "a" plus i haven't seen a trifecta in a long time. the yield, 3.517%. well below the when of issued masht. and if you look at metrics, we had one that was a little light on the direct bidders, just like yesterday. but when you look at the dealer amount, once again, only 6.1%, less than half of the ten auction average. historically, dealers have never taken less, which meant investors took the most, just solid, solid, solid. and listen, i like to keep it simple, kelly and just like i said yesterday, follow the money, the money for three auctions isn't listening so much to the fed, but listening to the auctions and putting their money to work and buying treasuries. >> they're telling us the slowdown story thank you. speaking of which, we got a slew of economic data this morning. did it
kate rooney, thank you >>> back to the bond market now. we just had seven years go up for auction. let's get out to rick santelli at the cbo >> we had 42 billion 2s, solid "a." 45 billion 5s yesterday, solid "a." today we complete 120d billion in treasury coupon supplies with 35 billion 7s. agave it an "a" plus i haven't seen a trifecta in a long time. the yield, 3.517%. well below the when of issued masht. and if you look at metrics, we had one that...
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Jan 10, 2023
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kate rooney has more on that >> reporter: joe, good morning coinbase is cutting one fifth of the work force the blog post said it plans to cut 950 jobs the second round of layoffs for coinbase after slashing 18% of the work force in june citing at the time it needs to manage costs and growing too quickly. the ceo brian armstrong says looking back, we should have done more with layoffs the best you can do is to react quickly once information is available. he says that's what we're doing now. in this case, overall, this would bring operating expenses down 25% by the end of the current quarter. it will move restructuring expenses with $149 million to $163 million coinbase expects losses to stay within a guardrail of $500 million. armstrong pointed to operating expenses with tech companies like amazon and salesforce rein in similar expenses. armstrong talked about the damage to the crypto markets dragging on coinbase he called ftx's downfall a black eye. he says there is likely more contagion. scrutiny is a good thing, but market fear. coinbase shares rallied 15% yesterday. still down 83%
kate rooney has more on that >> reporter: joe, good morning coinbase is cutting one fifth of the work force the blog post said it plans to cut 950 jobs the second round of layoffs for coinbase after slashing 18% of the work force in june citing at the time it needs to manage costs and growing too quickly. the ceo brian armstrong says looking back, we should have done more with layoffs the best you can do is to react quickly once information is available. he says that's what we're doing...
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Jan 10, 2023
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the stock has performed well today, up 4% kate rooney has details. good morning, kate. >> good morning, carl. that's right coinbase is blaming the crypto market downturn and broader macro environment for the latest round of layoffs cutting about 950 positions. it's the second major round of layoffs for coinbase back in june the company let go around 1,000 people, 18% of its workforce at the time and cited a need to manage costs and said it grew too quickly during the bull market. ceo brian armstrong telling me, looking back, he says, we should have done more when it came to layoffs, but he says the best you can do is react quickly once information becomes available. that's what we're doing in this case armstrong also underlined the company's shifting focus to operating efficiency and doing more with less, as he put it the move will add new restructuring costs in the first quarter. overall, should bring operating expenses down by 25% coinbase also expects ebitda to stay within $500 million and pointed to renewed cost discipline across silicon valley a
the stock has performed well today, up 4% kate rooney has details. good morning, kate. >> good morning, carl. that's right coinbase is blaming the crypto market downturn and broader macro environment for the latest round of layoffs cutting about 950 positions. it's the second major round of layoffs for coinbase back in june the company let go around 1,000 people, 18% of its workforce at the time and cited a need to manage costs and said it grew too quickly during the bull market. ceo...
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Jan 4, 2023
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rooney with more what's happening, kate >> paypal up 15% or so for the week, led the s&p yesterday following an upgrade at truist with a bullish note this morning, maintaining a buy rating they talked about paypal versus apple pay. apple pay has been seen as one of the big threats to paypal, especially on mobile they looked at some of the partners, so think etsy, nike, where people are checking out with paypal. they found that share loss is starting to stabilize. they're not necessarily gaining share against apple pay, but it's slowing down, and that's seen as a really good sign for paypal this was especially strong in mobile that's where paypal tends to be the most vulnerable to the iphone still a long way to go in terms of recovery. if you zoom out over 12 months, paypal is down about 60% but sentiment seems to be p picking up here on wall street overweight with $105 price target for the average analyst that's a 35% up side things are turning around here >> do you happen to know, and forgive me for asking and putting you on the spot, what the relative shares are on mobile devices for pay p
rooney with more what's happening, kate >> paypal up 15% or so for the week, led the s&p yesterday following an upgrade at truist with a bullish note this morning, maintaining a buy rating they talked about paypal versus apple pay. apple pay has been seen as one of the big threats to paypal, especially on mobile they looked at some of the partners, so think etsy, nike, where people are checking out with paypal. they found that share loss is starting to stabilize. they're not...
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Jan 10, 2023
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rooney. lisa, let me start with you. you have to adjust to the audience how you get to the $200 price target what kind of growth does that assume ahead that does not comefrom trainin volumes and profitability. the crypto winter and the ftx fallout. >> that's true we do assume thatthe crypto market begins to recover in 2024, consistent with the prior cycles, typical crypto cycles have been about three years. if 2021 was the last peak year, we put a recovery in 2024. one not close to what we've historically seen. on that measure, an outlook for 2024, that's a little above 2021 we're only a $200 price target is about eight-times in that year to put it in perspective, high growth names that cover like a block are over 30 times. you know, we could mean wrong by 4x and it would be a valuation of that level. it gives you a sense, if you believe in the crypto cycles and that crypto willrecover, and that coinbase is fine, as they are indicating today if you have the strong stomach and can handle the l
rooney. lisa, let me start with you. you have to adjust to the audience how you get to the $200 price target what kind of growth does that assume ahead that does not comefrom trainin volumes and profitability. the crypto winter and the ftx fallout. >> that's true we do assume thatthe crypto market begins to recover in 2024, consistent with the prior cycles, typical crypto cycles have been about three years. if 2021 was the last peak year, we put a recovery in 2024. one not close to what...
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Jan 5, 2023
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that's our kate rooney. >>> coming up, a lot more on tesla's turmoil and this drop in chinese deliveries our next guest says the ev maker is a bubble that's about to burst. >>> first, watching the nasdaq getting a look at leading the ndx. china tech names lead along with t-mobile amid upgrades in the wireless space if your company actually practices the values that it posts about, then, yeah... you're on team earth. >>> stocks of tesla this morning, shares down 5% or so. china shipments fell in december it's a five-month low there. our next guest is confident that tesla, quote, seems like a bubble about to burst and believes it will not reach the trillion dollar mark again and bets within a few year nvidia will be the next trillion dollar company joining us, stephen yui, blue whale capital officer. great to have you back i know you've been skeptical on their long-term projects for a while now. how has your view evolved regarding the future of tesla and its future valuation >> i think if we look back historically when tesla peaked at over $1 trillion, i think it was very difficult to get
that's our kate rooney. >>> coming up, a lot more on tesla's turmoil and this drop in chinese deliveries our next guest says the ev maker is a bubble that's about to burst. >>> first, watching the nasdaq getting a look at leading the ndx. china tech names lead along with t-mobile amid upgrades in the wireless space if your company actually practices the values that it posts about, then, yeah... you're on team earth. >>> stocks of tesla this morning, shares down 5% or...
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Jan 3, 2023
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in fact let's get to kate rooney to explain what we're expecting to happen inside that courthouse >> and so former ftx ceo sam bankman-fried has entered the courthouse in lower manhattan and i'm told that he plans to 34r plead not guilty he is being chargesed with eight counts of fraud. and prosecutors say that he used ftx customer funds to back stop his hedge fund and made political donations among other things he was released on $250 million bond and since then, he is on house arrest at his parents' house in palo alto. the legal team requested that they redact the names and any identifying information about two other people who still need to co-sign the bond. the deadline to do that is thursday his parents have had harassment and threats and received what they call a steady stream of threatening ening correspondens they say that there could be similar intrusions on their privacy if their identities are disclosed. and while they don't need to post the entire bailment, his parents and other anonymous people here are on the hook if bankman-fried either fails to show up to any court da
in fact let's get to kate rooney to explain what we're expecting to happen inside that courthouse >> and so former ftx ceo sam bankman-fried has entered the courthouse in lower manhattan and i'm told that he plans to 34r plead not guilty he is being chargesed with eight counts of fraud. and prosecutors say that he used ftx customer funds to back stop his hedge fund and made political donations among other things he was released on $250 million bond and since then, he is on house arrest at...
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Jan 5, 2023
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kate rooney joins us what does this say about the broader crypto market? more turmoil. >> absolutely, sara. it's more collateral damage from ftx and overall pain in this sector so genesis, as you mentioned, the latest headline with some of those layoffs. that really stems from some of the risky lending that's dried up for the most part we also had some subpoenas served to head fund founders sued by the new york attorney general. a lot of negative headlines and headwinds. for silvergate specifically. so this bank is highly, highly leveraged to other crypto companies. it really transformed to being the only option at one point for crypto changes 90% of the deposits are coming from crypto. the $8 billion reported earlier when it came to the withdrawals speaks to the money and flood of money and some of the negative sentiment around the sector. it can be seen as a proxy if people are moving their money off of the exchanges that's where it's coming from. the ceo said they've got more cash than deposits on their balance sheet. they say they're bullish long term
kate rooney joins us what does this say about the broader crypto market? more turmoil. >> absolutely, sara. it's more collateral damage from ftx and overall pain in this sector so genesis, as you mentioned, the latest headline with some of those layoffs. that really stems from some of the risky lending that's dried up for the most part we also had some subpoenas served to head fund founders sued by the new york attorney general. a lot of negative headlines and headwinds. for silvergate...
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Jan 31, 2023
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to announce job cuts kate rooney has this breaking news. >> so paypal is laying off about 2,000 full-time employees. that amounts to about 7% of its total workforce. dan shulman, the ceo, talking about this in a blog post. he boiled it down to cost cutting and talked about the macro environment as well. he said while we have made substantial progress in right sizing, our cost structure and focused on our resources and our core strategic priorities, he says we still have more work to do we must continue to change as our world, our customers and our competitive landscape changes as well and evolves he did say that some parts of paypal will be impacted more than others. he said we'll find out more about which business units this is going to look at. but it all comes down to cost cutting. as you mentioned, dan shulman, the ceo, talked about back in august targeting $1.3 billion in cost savings this likely a part of that it joins a host of other technology e-commerce companies that have done the same thing. amazon, shopify, stripe, all in that arena but the latest sign of belt tightening that
to announce job cuts kate rooney has this breaking news. >> so paypal is laying off about 2,000 full-time employees. that amounts to about 7% of its total workforce. dan shulman, the ceo, talking about this in a blog post. he boiled it down to cost cutting and talked about the macro environment as well. he said while we have made substantial progress in right sizing, our cost structure and focused on our resources and our core strategic priorities, he says we still have more work to do we...
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Jan 17, 2023
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kate rooney joins us now with that story kate, so they want to let people trade bankruptcy claims, basically. >> yeah. that's exactly it, mel and there are a lot of bankruptcy claims out there. three arrows is one of the companies that last year during the summer filed for bankruptcy. and this hedge fund was really one of the biggest names in the space, in the industry it managed about $10 billion at one point. and then became one of the biggest failures of last year. filed for bankruptcy in july, is still in the middle of its own liquidation and dragged down a lot of other big crypto companies that were counterparties for three arrows. flash forward to this weekend, the founders are now trying to woo investors for their next venture. i got a pitch book sent to me over the weekend, and it outlines a crypto exchange, essentially, that they're calling gtx. potentially a play there on ftx. it's looking to make a marketplace out of all of these bankruptcy claims. there are a lot of different companies that have filed for bankruptcy this year, ftx among the biggest. you have celsius, blockfi, the
kate rooney joins us now with that story kate, so they want to let people trade bankruptcy claims, basically. >> yeah. that's exactly it, mel and there are a lot of bankruptcy claims out there. three arrows is one of the companies that last year during the summer filed for bankruptcy. and this hedge fund was really one of the biggest names in the space, in the industry it managed about $10 billion at one point. and then became one of the biggest failures of last year. filed for bankruptcy...
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Jan 24, 2023
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joining me now our own kate rooney to ask some questions here zach, so if it is this race, who wins it? we have been covering the big bank earnings and recent stumbles in consumer fintech how does this roll out in the next few years and don't say everyone can win. >> thank you so much for having me over the past year, we have seen a major shift in the way digital finances started to play out, the way that many companies have grown. one thing that we see is there is definitely a slowdown on the startup side that means there is a slowdown in new user acquisition from many of the fintech companies. that said, we see many of the big banks and large technology companies step in and start to launch digital financial products the banks themselves, they're the biggest fintech companies. it is a question of how fast they will do the technology side. >> and how well. >> yes we have been impressed by the pace of the innovation that the big banks are building you you have seen all the headlines. >> is that your way of saying that everyone can win? you guys say it is a race. there is always a winne
joining me now our own kate rooney to ask some questions here zach, so if it is this race, who wins it? we have been covering the big bank earnings and recent stumbles in consumer fintech how does this roll out in the next few years and don't say everyone can win. >> thank you so much for having me over the past year, we have seen a major shift in the way digital finances started to play out, the way that many companies have grown. one thing that we see is there is definitely a slowdown...
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Jan 20, 2023
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such an implication for fin tech let's bring in kate rooney you and i were discussing this during the break this is really why fin techs are fin techs and didn't start with banking licenses because they're regulated in a different way >> completely underlies the operating in this consumer business this fin tech play book while being a highly regulated entity like goldman sachs. they were competing with sofi, robin hood, and it really is a loss leader. it's expensive to offer people that type of yield when really they're getting nothing on those deposits and it's a way to attract customers. their play book is exact when they're going to pay people to get people in the door the problem for a lot of fin techs and goldman sachs we've seen those aren't necessarily sticky customers they're not the ones going to stay around and maybe be lifelong bank customers. they're looking for high yield, and they're chasing it and might go to robin hood if you don't give them 3% >> at one point goldman sachs was offering almost 3% apy in savings accounts, but that was really an outlier in the banking sp
such an implication for fin tech let's bring in kate rooney you and i were discussing this during the break this is really why fin techs are fin techs and didn't start with banking licenses because they're regulated in a different way >> completely underlies the operating in this consumer business this fin tech play book while being a highly regulated entity like goldman sachs. they were competing with sofi, robin hood, and it really is a loss leader. it's expensive to offer people that...
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Jan 9, 2023
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let's get to kate rooney on the popping shares of coinbase. >> coinbase is up about 17% today. there's a couple dynamics. jeffries lit a fuse, but there's also likely a short squeeze playing out. coinbase had been among the heavily shorted names in recent weeks along with the major crypto stocks that are out there rallying s3 partners had numbers on this. said 28% of the float or the available shares were sold short. that was as of friday. traders were borrowing shares to bet against the company. the average s&p company has about 5% of shares, sold short for context there. coinbase was becoming one of those crowded trades and crowded shore position which sets up a potential for a short squeeze, meaning traders need to rush, cover that trade and buy back shares so that often lifts the stock and is really what we're seeing play out today kelly, i mentioned that analysts know they may have lit the fuse here jeffries wrote this morning coinbase could benefit from the fall of ftx, saying thanks to the premium brand, they talked about the onshore regulated entity here. the scale and
let's get to kate rooney on the popping shares of coinbase. >> coinbase is up about 17% today. there's a couple dynamics. jeffries lit a fuse, but there's also likely a short squeeze playing out. coinbase had been among the heavily shorted names in recent weeks along with the major crypto stocks that are out there rallying s3 partners had numbers on this. said 28% of the float or the available shares were sold short. that was as of friday. traders were borrowing shares to bet against the...
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Jan 10, 2023
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rooney is here with the details this is a 20% reduction for the second time in just seven months wow. >> reporter: yeah, kelly the first round was in june. it was 18% of coin base's workforce. today, 20% of the remaining workforce so 950 people or so. it speaks to some of what mike novogratz was talking about, the end of an era when it comes to growth i spoke to brian armstrong, the ceo of coin base, about the decision here. he was saying it's emblematic of what's happening in silicon valley, this new focus on operating expenses and really tightening belts across the board. you've seen major tech layoffs that definitely speaks to what's happening here with coin base, but they said they're trying to do more with less. they're trying to get back to some of the startup roots of really being lean, and they're among the companies that seem to have overhired and really become what he described as sort of too bloated and as a result we're moving too slowly and we're definitely seeing this theme play out in san francisco, silicon valley, not just tech in general, kelly >> 40% of the workforc
rooney is here with the details this is a 20% reduction for the second time in just seven months wow. >> reporter: yeah, kelly the first round was in june. it was 18% of coin base's workforce. today, 20% of the remaining workforce so 950 people or so. it speaks to some of what mike novogratz was talking about, the end of an era when it comes to growth i spoke to brian armstrong, the ceo of coin base, about the decision here. he was saying it's emblematic of what's happening in silicon...
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Jan 10, 2023
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. >>> a developing story in the crypto world kate rooney has the news. >> digital currency group is putting out a lengthy shareholder letter just now defending some of its business practices as the crypto company comes under fire from others in the industry it's the latest in a battle playing out between high-profile crypto executives on one side, winklevoss twins, and barry silver, the founder and ceo of dcg, digital currency group, parent company of bitcoin trust. sillbert says he's looking to address the speculation about dcg, some of which is reasonable and some that is baseless and false. he goes through the business model and lending relationships with subsit dairies including genesis. he said loans were always structured at an arm's length basis and were priced at prevailing market interest rates. this morning cameron winklevoss tweeted an open letter to dcg's board calling the removal of barry sillbert accused him of fraud and making false statements to the public dcg responded calling the comments malicious, false and defamatory and said it's another desperate and unconstructive pu
. >>> a developing story in the crypto world kate rooney has the news. >> digital currency group is putting out a lengthy shareholder letter just now defending some of its business practices as the crypto company comes under fire from others in the industry it's the latest in a battle playing out between high-profile crypto executives on one side, winklevoss twins, and barry silver, the founder and ceo of dcg, digital currency group, parent company of bitcoin trust. sillbert says...
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Jan 19, 2023
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we have a news alert in the crypto space kate rooney has the latest details. >> so this time the s.e.c. is taking on platform nexto, it is the agency's latest crypt owen forcement, the s.e.c. charged them with failing to register the lending product. it was an interest bearing consumer product that let people tender crypto in return for yield. nexto agreed to pay $45 million in penalties to the s.e.c. and state regulators without denying the finding and also agreed to a cease and desist order as cc chairman gary gensler said in a statement that compliance with our time-tested public policies century a choice as he put it where crypto companies will not comply we'll continue to follow the 23facts and law to hold them accountable. last week they charged genesis and gemini for a similar interest bearing product and in the wake of the ftx collapse, the s.e.c. has come under pressure for not imposing some of the these safeguards earlier. back to you. >> it is great they're cracking down now, kate it is just stunning, right now they have a cookie-cutter where they're going to enforce against
we have a news alert in the crypto space kate rooney has the latest details. >> so this time the s.e.c. is taking on platform nexto, it is the agency's latest crypt owen forcement, the s.e.c. charged them with failing to register the lending product. it was an interest bearing consumer product that let people tender crypto in return for yield. nexto agreed to pay $45 million in penalties to the s.e.c. and state regulators without denying the finding and also agreed to a cease and desist...
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Jan 3, 2023
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our kate rooney with the latest. good morning. >> good morning. the former ftx ceo plans to plead not guilty in today's court appearance, according to a source familiar with the matter. he's expected to be in lower manhattan around 2:00 p.m. eastern today for that hearing it's almost two weeks after bankman-fried was extradited from the bahamas, had criminal charges read against him and released on $250 million bail. since then, bankman-fried has been on house arrest at his parents' home in palo alto that bond is secured, in part, by his parents' property that you're seeing right here his legal team this morning requested the court also redact the names of and any identifying information about two other people who still need to co-sign that bond by thursday. they said in recent weeks that bankman-fried's parents have become the target of intense media scrutiny, harassment and threats and received what they called a steady stream of threatening correspondence they say there is, quote, serious cause for concern that two additional people would face
our kate rooney with the latest. good morning. >> good morning. the former ftx ceo plans to plead not guilty in today's court appearance, according to a source familiar with the matter. he's expected to be in lower manhattan around 2:00 p.m. eastern today for that hearing it's almost two weeks after bankman-fried was extradited from the bahamas, had criminal charges read against him and released on $250 million bail. since then, bankman-fried has been on house arrest at his parents' home...
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Jan 11, 2023
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rooney joins us there >> the latest ruling for ftx is in a court this morning. the judge saying that the crypto company has recovered $5 billion of liquid assets that's crypto and crash. that's welcome news for customers who are owed about $8 billion in terms of the estimates there. adam landis telling the court that it includes liquid tokens that are so large, that the accusations cannot be sold outaffecting the market with the tokens we got update d court filings showing a new list of holders. affiliates of kraft group. that's robert kraft's firm, owner of the new england pa patriots also affiliates of endeavor. others affiliated with the ali baba co-founder. it's a high profile list venture capital investors. sequoia wrote off its investment down to zero also on the list, ontario teachers pension fund. controlled over 6 million shares in ftx tom brady and giselle bundchen were spokesperson and brand ambassadors. he has pleaded not guilty to eight counts of fraud. back to you. >> fascinating part of the story. questioning the diligence, whether there was any f
rooney joins us there >> the latest ruling for ftx is in a court this morning. the judge saying that the crypto company has recovered $5 billion of liquid assets that's crypto and crash. that's welcome news for customers who are owed about $8 billion in terms of the estimates there. adam landis telling the court that it includes liquid tokens that are so large, that the accusations cannot be sold outaffecting the market with the tokens we got update d court filings showing a new list of...
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Jan 27, 2023
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kate rooney joins us on a busy day for those companies. >> the credit card names were pretty upbeat in the face of inflation and recession warnings we've heard lately american express, the latest payments company, as we've seen from strong consumer spending, especially with its higher income card holders. upbeat revenue guidance and dividend increase helping shares this morning you can see almost up 10 mrs or so full-year revenue topped $50 billion for the first time last year for 2023 amex is expecting to grow revenue by 15% to 17% that was well ahead of wall street's expectations. eps forecast all beat amex will raise its dividend by 15% to 60 cents. for q4 it did miss on top and bottom line. executives said that was due to increased reserves for loan losses those delinquency rates can be seen as a troubling sign for customer base but executives on the call kept saying they are not seeing any signs of weakness they say uptick was more of a reflection in their overall loan balances ceo saying he's not seen any recessionary signals he says, we can only run the business and forecast the
kate rooney joins us on a busy day for those companies. >> the credit card names were pretty upbeat in the face of inflation and recession warnings we've heard lately american express, the latest payments company, as we've seen from strong consumer spending, especially with its higher income card holders. upbeat revenue guidance and dividend increase helping shares this morning you can see almost up 10 mrs or so full-year revenue topped $50 billion for the first time last year for 2023...
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Jan 4, 2023
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cnbc's kate rooney has been following the story and joins us now with more. kate, good evening >> lester, sam bankman-fried arrived to federal court today in manhattan where he pleaded not guilty to eight counts, including fraud. prosecutors allege the founder and former ceo of the collapsed cryptocurrency exchange, ftx, cheated investors out of billions of dollars, money that's still missing, but today the justice department announced a new task force dedicated to finding those funds and getting money back to victims legally bankman-fried could be facing an uphill battle. two of his top associates have already pleaded guilty to their own charges and are now cooperating with authorities. bankman-fried's trial is expected to start in october, and if he's found guilty, he could spend the rest of his life in prison. lester? >> all right kate rooney, thank you. >>> up next, against all odds, a dramatic story of survival and rescue. >>> plus, the new warning about cannabis edibles and kids >>> a remarkable rescue in northern california a tesla plunging about 250 f
cnbc's kate rooney has been following the story and joins us now with more. kate, good evening >> lester, sam bankman-fried arrived to federal court today in manhattan where he pleaded not guilty to eight counts, including fraud. prosecutors allege the founder and former ceo of the collapsed cryptocurrency exchange, ftx, cheated investors out of billions of dollars, money that's still missing, but today the justice department announced a new task force dedicated to finding those funds and...
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Jan 4, 2023
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i spoke with cnbc technology correspondent kate rooney about this case. >> the ideal outcome a lot of legal experts are telling me would be to negotiate something outside of a trial. but the expectation right now is that the trial will start october 2nd. it will last for about four weeks, and we did get some new details from inside the courtroom. the next step here, the prosecutor says the government will provide bankman-fried's defense team with hundreds of thousands of documents. so a lot of evidence for them to comb through over the next few months here. >> we talk about sam bankman-fried. we talk about his parents, who are profs at stanford. what about the people who lost their money? the u.s. attorney's office is launching a task force to help the victims. how is this going to work? >> yeah. so this is from the southern district of new york, the top prosecutors there. they're trying to track down ftx assets. by some estimates, there's $8 billion missing, and the people involved here are the top prosecutors that work on the money laundering unit, criminal enterprise units. they re
i spoke with cnbc technology correspondent kate rooney about this case. >> the ideal outcome a lot of legal experts are telling me would be to negotiate something outside of a trial. but the expectation right now is that the trial will start october 2nd. it will last for about four weeks, and we did get some new details from inside the courtroom. the next step here, the prosecutor says the government will provide bankman-fried's defense team with hundreds of thousands of documents. so a...
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Jan 30, 2023
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plus, a live report from kate rooney out in philly. coming up. >> and now kron 4 sports. >> over the last 8 weeks or so. the san francisco forty-niners became a juggernaut simply dominant on both sides of the ball. playmakers everywhere. and your 3rd string quarterback ended up being the best quarterback on the roster. it really felt like everything was falling into place for this niners team. but then they ran into this philadelphia defensive line, a unit that changed everything with one hit on brock purdy. let's head to south philly to see how it all played out. and there he is right now. take a look at brock looking for his 8th straight win and becoming the first quarterback working quarterback to lead his team to a super bowl. here was a huge play right here. it's 4th down. and they hit devontae smith. jalen hurts. does looks like you bring it in not so fast. a replay shows it was not a catch, but the eagles, they run down the field quick snap the ball before san francisco could challenge it in on the next play miles. sanders takes
plus, a live report from kate rooney out in philly. coming up. >> and now kron 4 sports. >> over the last 8 weeks or so. the san francisco forty-niners became a juggernaut simply dominant on both sides of the ball. playmakers everywhere. and your 3rd string quarterback ended up being the best quarterback on the roster. it really felt like everything was falling into place for this niners team. but then they ran into this philadelphia defensive line, a unit that changed everything...
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Jan 29, 2023
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kate rooney kron 4 news. hopefully all warmth and love is going to warm you up as it seems like it's going to be a cold. one >> yeah, it could be all the pretty mild for philly temperatures this time of year. from what i understand, i think it's going to be up to 50. i can't complain. that's not that's not been taken from an east coast are not bad at all right, kate, thanks a lot. well, coming up in sports, we'll have much more on the forty-niners nfc championship game happening tomorrow, including. >> some good news and some potentially bad news coming out of their backfield. >> we do want to get your check of our 4 zone forecast talking about how cold it is out there. taking a live look at the embarcadero tonight. and the bay bridge lights. everything looking beautiful in this twilight yes, i love it no fog either. we saw a lot of fog earlier today. however, a yeah. it was definitely a cool start this morning. that cooling trend going to continue. not just for the 2nd half of the weekend, but even into earl
kate rooney kron 4 news. hopefully all warmth and love is going to warm you up as it seems like it's going to be a cold. one >> yeah, it could be all the pretty mild for philly temperatures this time of year. from what i understand, i think it's going to be up to 50. i can't complain. that's not that's not been taken from an east coast are not bad at all right, kate, thanks a lot. well, coming up in sports, we'll have much more on the forty-niners nfc championship game happening tomorrow,...
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Jan 9, 2023
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kate rooney kron 4 sports. kate dropping some great stat. yeah. >> he's been phenomenal. so it's going to be interesting. the game. we have it all right here in the studio. the packers win this game. that's who they'll play next week. the packers were coming on into levi and they they haven't really struggled with aaron rodgers the past couple let's see. >> just by numbers safe like that one day, aaron rodgers is going to get his. you know, i mean, i hear >> were the ball? we'll see >> were the ball? we'll see you back here at 8 o'clock. - [narrator] the following is a paid presentation brought to you by nutrisystem, the weight loss and wellness provider trusted by millions. - okay, let's get real. losing weight can have a huge impact on your life. i've seen it. i've lived it. - before i lost the weight, i definitely wasn't feeling like myself. mentally, it was a difficult time for me. - physically, i had no energy. i would look at myself in the mirror and just feel complete sadness. - yeah, i wasn't really motivated to work out or go to the gym. - i just kept gaining the
kate rooney kron 4 sports. kate dropping some great stat. yeah. >> he's been phenomenal. so it's going to be interesting. the game. we have it all right here in the studio. the packers win this game. that's who they'll play next week. the packers were coming on into levi and they they haven't really struggled with aaron rodgers the past couple let's see. >> just by numbers safe like that one day, aaron rodgers is going to get his. you know, i mean, i hear >> were the ball?...
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Jan 27, 2023
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kate rooney kron 4 sports. thank you, kate. yeah, bring it. >> 40 niner fans ready for this weekend's so sent us this picture over the day. 3 generations of niners on your screen there. even little 2 year-old daniel sharon on the team and in that, here's anthony with deebo samuel fun fact. he was born on super bowl sunday, 2014. and check out the touch of aria family. the faithful family decked out in their gear ready for this sunday's and you know, you, too, could be featured in our newscast and online. just send over your pictures to the kron, 4 e-mail and we'll try to get it on and we will continue covering the forty-niners journey in the playoffs every night on red and gold zone. our kron 4 sports director jason dumas along with kate rooney and erin wilson. we're all going to cover the developments leading up to the games and give in-depth analysis of the highlights after the niners hit the field. you can also watch him tonight at 10. 45? all right. time for a look at the forecast. i also want to see people dressing up thei
kate rooney kron 4 sports. thank you, kate. yeah, bring it. >> 40 niner fans ready for this weekend's so sent us this picture over the day. 3 generations of niners on your screen there. even little 2 year-old daniel sharon on the team and in that, here's anthony with deebo samuel fun fact. he was born on super bowl sunday, 2014. and check out the touch of aria family. the faithful family decked out in their gear ready for this sunday's and you know, you, too, could be featured in our...
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Jan 23, 2023
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kate rooney, sports night live. >> has to give when those 2 teams get together next week. of course, we'll continue to break down that matchup later in the show. but for now, i want to take a look back at this niners drive in the 3rd quarter. this entire game basically boiled down to the niners only touchdown of the game came during a crucial 10 play 91 yard drive. that took about 6 minutes of the clock included. amazing catches like this one to george kittle. i look at this, the concentration level it takes to haul in this past. this drive also ended in a christian mccaffrey touchdown. the only touchdown of the day for the forty-niners. but really they just milk the clock a big-time throws. you
kate rooney, sports night live. >> has to give when those 2 teams get together next week. of course, we'll continue to break down that matchup later in the show. but for now, i want to take a look back at this niners drive in the 3rd quarter. this entire game basically boiled down to the niners only touchdown of the game came during a crucial 10 play 91 yard drive. that took about 6 minutes of the clock included. amazing catches like this one to george kittle. i look at this, the...
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Jan 15, 2023
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let's talk to kate rooney who was live out there today. >> at the stadium, kate. no, not too much rain. and no, you're prepared, though, ford. so just tell us, how was it out there? i'm sure was electric. >> it's raining more right now than it has for any other time of the day. luckily it held off for most of the game and the vibes here are pretty immaculate air. and i will say nick bosa admitted hat he was a little nervous at halftime when the seahawks had that lead. but the storm retain full confidence in his team and they were able to settle down in the 2nd half. a lot of the players said that the turning point in that game was when the seahawks safety johnathan abram kind of pulled deebo samuels like there and not give them that little extra boost extra motivation. little chip on their shoulder to come back and finish this thing off. here's some of the most important plays of the day. rock purdy, some grown man plays. he went 18 for 3332 yards, 3 touchdowns, a rushing touchdown. and for the 6th time in his 7 games, he had a passer rating of over 100. he become
let's talk to kate rooney who was live out there today. >> at the stadium, kate. no, not too much rain. and no, you're prepared, though, ford. so just tell us, how was it out there? i'm sure was electric. >> it's raining more right now than it has for any other time of the day. luckily it held off for most of the game and the vibes here are pretty immaculate air. and i will say nick bosa admitted hat he was a little nervous at halftime when the seahawks had that lead. but the storm...
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Jan 23, 2023
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kate rooney kron 4 sports. >> great reporting, kate. we will head back to leave it for buffalo damar hamlin in the house. first time he's attended a bills game since that scary moment in cincinnati and family was intent in attendance too. >> unfortunately, they were not treated to a great showing from the bills. first drive of the game. the bengals march right down the field. 6 plays 79 yard ends in a joe burrow to ja'marr chase. touchdown. that's bengals. drive bureau was just taking this bills defense apart. this time he's jaden hurts to give the bengals a 14, nothing lead 2nd quarter, 2 bills finally get on the board. josh allen sneaks in from a yard out and 14, 7. but the bengals played great on both sides of the ball. 4th quarter bills down. 27 10, 4th and 6 from the 16 since he gets the stop, the bengals win 27 to 10. they'll play kansas city in the afc championship for a second straight season and they turn it the warriors hosting the brooklyn nets, steph, taking on little bro. look at >> 2nd quarter warriors up 13. check out the
kate rooney kron 4 sports. >> great reporting, kate. we will head back to leave it for buffalo damar hamlin in the house. first time he's attended a bills game since that scary moment in cincinnati and family was intent in attendance too. >> unfortunately, they were not treated to a great showing from the bills. first drive of the game. the bengals march right down the field. 6 plays 79 yard ends in a joe burrow to ja'marr chase. touchdown. that's bengals. drive bureau was just...
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Jan 17, 2023
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but there guys feel that too. >> well, that was kate rooney reporting. now. the niners are going to be hosting the cowboys at levi stadium. this sunday kickoff is for 03:30pm. we're goieg to continue covering the forty-niners journey in the playoffs every night on the red and gold zone. kron. 4 sports director jason dumas, some along with kate rooney and aaron will sit there going to cover developments leading up to the games and get in-depth analysis of the highlights as the niners hit the field. you can watch them tonight at 10. 45 don't miss out. we'll be right back. after the break. >> welcome back. 4.54. finally looking at another dry day ahead of us and a predominantly dry trend ahead of us, too. today is going to feel a lot like the next several days. well, we have one day of rain to get through. and that's really just tomorrow evening. today we're looking at clear skies already a clear morning, but a very chilly morning skies clear not just in the bay, but all the way up into the sierra nevada where you are finally looking at some good weather to be d
but there guys feel that too. >> well, that was kate rooney reporting. now. the niners are going to be hosting the cowboys at levi stadium. this sunday kickoff is for 03:30pm. we're goieg to continue covering the forty-niners journey in the playoffs every night on the red and gold zone. kron. 4 sports director jason dumas, some along with kate rooney and aaron will sit there going to cover developments leading up to the games and get in-depth analysis of the highlights as the niners hit...
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Jan 28, 2023
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kate rooney kron 4 news. all we love to hear and see if thank you so much, kate, for that live perspective. >> and happening now, excited niners fans are making their way to philadelphia to watch the big game kron four's camila barco live for us at sfo where a pep rally is planned there. good morning, stephanie. so yes, we are here at sfo at terminal 3. united airlines check-in behind me. >> and plenty of forty-niners fans are coming here this morning to check in for their flight to go to the east coast and watch their favorite eeam play. a lot we're a little more than 24 hours away until that game starts in philadelphia. and like i said, people are catching their flights here at and stephanie, we've seen plenty of people where they're forty-niners scare pumped for the match up those fans like i said, they're currently checking in for their flight to head out to the east coast. that plane. it leaves at 8.30 this morning. they'll get to the east coast later this afternoon before tomorrow's game and even united
kate rooney kron 4 news. all we love to hear and see if thank you so much, kate, for that live perspective. >> and happening now, excited niners fans are making their way to philadelphia to watch the big game kron four's camila barco live for us at sfo where a pep rally is planned there. good morning, stephanie. so yes, we are here at sfo at terminal 3. united airlines check-in behind me. >> and plenty of forty-niners fans are coming here this morning to check in for their flight to...
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and really, kate rooney will be down there in south philly next weekend. all right. that's what we initially talking niners after the break. rooney will be joined by our niners insider brad graham as they look ahead to that matchup in south philadelphia. we also had to chase center where the warriors with one slip away. there's an awful finish. we'll hear from steph curry after losing to his baby, bro >> time now to dig a little deeper on tonight's divisional round matchup with the cowboys. for that, we're joined by brad graham who runs the sf niners. you can find them on youtube, instagram, twitter, anywhere else. you get your forty-niners content. brad, great to have you with us is always what stood out to you the most in tonight's victory. i think what stood out the most is this wasn't one of the typical games that we've seen from brock purdy, kyle shanahan and the forty-niners offense. it was a game that was a little bit flipped. >> more towards the defensive side. it was kind of a grade ii battle. a lot of field goals and things like that. and i think that was t
and really, kate rooney will be down there in south philly next weekend. all right. that's what we initially talking niners after the break. rooney will be joined by our niners insider brad graham as they look ahead to that matchup in south philadelphia. we also had to chase center where the warriors with one slip away. there's an awful finish. we'll hear from steph curry after losing to his baby, bro >> time now to dig a little deeper on tonight's divisional round matchup with the...
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Jan 20, 2023
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that's all we care about is the future kron kate rooney joins us now. >> yeah, that's right? you can't you can't play it off old games them. in fact, if you talk about the more recent past things, look a little bit better for the forty-niners, right? they won last year's matchup between these 2 teams at atnt stadium. a close one. those 23, 17. now they're looking to make it back-to-back wins. this one feels like a whole new adventure, though, because last year the forty-niners didn't have brock purdy playing quarterback. it will be the second playoff start for the rookie qb and this first one was good. he went 18 for 30 with 332 passing yards, 3 touchdowns and a rushing touchdown. and perhaps most impressively. he overcame a rocky start to finish the game strong with some absolutely electric plays to help his team win today. pretty said that part of the reason he's been able to stay so even keel does that he doesn't let what happens on the field. define who he is as a person. but he made sure to note that he takes football very seriously. and that includes studying the cowboy
that's all we care about is the future kron kate rooney joins us now. >> yeah, that's right? you can't you can't play it off old games them. in fact, if you talk about the more recent past things, look a little bit better for the forty-niners, right? they won last year's matchup between these 2 teams at atnt stadium. a close one. those 23, 17. now they're looking to make it back-to-back wins. this one feels like a whole new adventure, though, because last year the forty-niners didn't have...
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kate rooney, sports night live. >> thanks, kate. we'll hear from her later in the show. now on the eagles side job is now the second time in 5 seasons. the eagles will play in the super bowl. they 1, 1, a couple seasons ago. now they have 7 guys from that last super bowl team on this evil roster. head coach nick sirianni is now in his second season as the head coach. he took the birds to the playoffs year one in now has them in the super bowl in year 2. what a start to people's career. it was a tough game for the niners, obviously losing your quarterback early and then losing your backup quarterback. but sirianni gave kudos to purdy for trying to get it out. >> he had that thing on his arm. so we figured even i probably couldn't throw it down the field. but we don't really truly know. we knew they'd like to do some screens in that scenario because it's a short pass. we knew they're going to run to to try to keep them out. you know, keep in some some danger there. i got a lot respect for brock just he came back in and ton of respect for him because i know it obviously was
kate rooney, sports night live. >> thanks, kate. we'll hear from her later in the show. now on the eagles side job is now the second time in 5 seasons. the eagles will play in the super bowl. they 1, 1, a couple seasons ago. now they have 7 guys from that last super bowl team on this evil roster. head coach nick sirianni is now in his second season as the head coach. he took the birds to the playoffs year one in now has them in the super bowl in year 2. what a start to people's career. it...
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Jan 13, 2023
01/23
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kate rooney kron 4 sports. >> thank you, kate. as we switch gears, get a check on the weather forecast. yeah, lovely day here in the bay. the golden gate bridge right there. a lot of folks have a three-day weekend with mlk birthday monday thinking maybe head to the high country. but if you're sticking around here, maybe you want to go see the niners, play it levi, maybe or maybe you want to stay home and stay dry. >> yeah. if you want to, you want to stay dry. you definitely don't want to be out about this weekend. but let me help you kind of get ahead of you know how to make your plans, at least if you are going to be out and about here in the bay. and if you're heading to the forty-niners game for sure, they're going to be looking at some rain. unfortunately, it's not going to look a whole lot like the picture you see here, right? but we are going to see temperatures about 57 degrees. >> rain and wind and we've got wind out of the south southeast at about 10 to 15 miles per hour or so. well, that the most pleasant game probably
kate rooney kron 4 sports. >> thank you, kate. as we switch gears, get a check on the weather forecast. yeah, lovely day here in the bay. the golden gate bridge right there. a lot of folks have a three-day weekend with mlk birthday monday thinking maybe head to the high country. but if you're sticking around here, maybe you want to go see the niners, play it levi, maybe or maybe you want to stay home and stay dry. >> yeah. if you want to, you want to stay dry. you definitely don't...
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Jan 30, 2023
01/23
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kate rooney has more. the forty-niners came just short of a true fairy tale this season after brock purdy went from mister relevant to rewriting the rookie history books. his storybook season ended here at lincoln financial field in the nfc championship game against the philadelphia eagles. pretty was able to complete just 4 passes in the game. >> before getting injured on his right throwing elbow an injury, what he described as extremely painful. that's when fourth-string quarterback josh johnson came in the game and struggled before he too, would end up leaving after sustaining a concussion. first forty-niners season in which the quarterback position has faced so much adversity. it was a fitting if disappointing ending. >> he news i i'm not going throw the ball. also. you might as well have fun. that's all those come just our message was. you know, half at what else you got to do it's going to roll over and die or go out there and he found the physical and now. german. you can to put something on tape >>
kate rooney has more. the forty-niners came just short of a true fairy tale this season after brock purdy went from mister relevant to rewriting the rookie history books. his storybook season ended here at lincoln financial field in the nfc championship game against the philadelphia eagles. pretty was able to complete just 4 passes in the game. >> before getting injured on his right throwing elbow an injury, what he described as extremely painful. that's when fourth-string quarterback...
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Jan 3, 2023
01/23
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he had 4 threes and 13 points ever win. 73 to for sports reporter kate rooney with that the she joins us with new year. same stanford women's basketball squad. >> the number 2 ranked stanford cardinal continued their dominance over pac 12 foes with a win today at maples, pavilion against the 15th ranked arizona wildcats head coach tara vanderveer call this one a gritty win. it was far from perfect. the card overcame a slow start. a slew of early turnovers, an efficient free-throw shooting to hold the wildcats to a season low. 57 points with conference play just getting underway. vanderveer said there's plenty to be happy about in this one, but also plenty to work on sometimes when things aren't going well for you offensively, though, you've got to rely on your defense and our defense really stepped up. >> i mean, to hold them to 57 you know, too. i france defense i haley's defense staying in that game you know, just i thought was, you know, that their field goal percentage wasn't that good ours could be i wasn't crazy about some of our shot selection, now we just i i think we'll learn
he had 4 threes and 13 points ever win. 73 to for sports reporter kate rooney with that the she joins us with new year. same stanford women's basketball squad. >> the number 2 ranked stanford cardinal continued their dominance over pac 12 foes with a win today at maples, pavilion against the 15th ranked arizona wildcats head coach tara vanderveer call this one a gritty win. it was far from perfect. the card overcame a slow start. a slew of early turnovers, an efficient free-throw shooting...
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Jan 20, 2023
01/23
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kate rooney has the latest in sports. >> we are officially counting down until the forty-niners take on their longtime rival. the cowboys at practice this week, players have said that while they appreciate the rich history of the rivalry, they're more motivated by the recent past. their win over dallas at atnt stadium. a very close game in last year's wild-card round. now there's one big difference last year. the forty-niners didn't have brock purdy playing quarterback. it will be the second playoff start for the rookie qb and his first one was good. he went 18 for 30 with 332 passing yards, 3 touchdowns and a rushing touchdown. but perhaps most impressively, he overcame a rocky start and finished with some absolutely electric place to help his team win. now we've seen the emotion on occasion after big play. but for the most part, pretty remains incredibly even keeled. and at practice on thursday, he explain what drives him when he's on the if you come here and look at it. >> look at football it's a which some parts it is. but if you have that love and that drive to, you know, play t
kate rooney has the latest in sports. >> we are officially counting down until the forty-niners take on their longtime rival. the cowboys at practice this week, players have said that while they appreciate the rich history of the rivalry, they're more motivated by the recent past. their win over dallas at atnt stadium. a very close game in last year's wild-card round. now there's one big difference last year. the forty-niners didn't have brock purdy playing quarterback. it will be the...
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Jan 30, 2023
01/23
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kate rooney coming up next. >> and coming up next as well. but introduce you to a group of dancers that will be performing at san francisco's lunar new year parade. this coming weekend. >> and the cold morning as you're venturing outside, get ready to throw on all the layers. 30's 40's for some of our current temps 50's later on today. your forecast ahead. >> and before you leave the house, he certainly need to know what your commute is going to be live with tracking that will have a l >> 7.14, right now. >> we've got to talk about it. we do. we have the niners. is over and really it was just a horrible game. it was from the start. you can believe it quarterbacks going down. we had really give the philly defense much trouble at all. we kate rooney actually standing by who was out there live following the game, covering it, having to deal with the heckling fans as the night wears it with off into the thing is the whole season. the story was how lucky we are about a quarter of acts were still looking worse and then our luck ran out. kate. >> we
kate rooney coming up next. >> and coming up next as well. but introduce you to a group of dancers that will be performing at san francisco's lunar new year parade. this coming weekend. >> and the cold morning as you're venturing outside, get ready to throw on all the layers. 30's 40's for some of our current temps 50's later on today. your forecast ahead. >> and before you leave the house, he certainly need to know what your commute is going to be live with tracking that will...
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Jan 17, 2023
01/23
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kate rooney will tell us all the details. she's coming up. t resumes for survivors after a deadly plane crash in nepal. a witness says he saw the plane flying low before it suddenly veered to the left. at least 69 people were killed after the yeti airlines jet crashed yesterday near the city of cholera. 3 others are still missing tonight. the plane had taken off from the capital of kathmandu when it lost contact with the control tower and then crashed into a gorge. the flight data recorder has been recovered and that may provide clues on what actually led to this crash. the faa now investigating a close call at jfk airport in new york. >> no wonder having whether to send and what i think it will be different. >> the 1940's, they cancel takeoff plans. the 1943 cancel takeoff >> a delta flight was forced to abort its takeoff friday night when an american airlines boeing triple 7 cross the runway in front of it. delta airlines flight 1943. was in route to the dominican republic. it stopped its takeoff roll about 1000 feet before reaching the ame
kate rooney will tell us all the details. she's coming up. t resumes for survivors after a deadly plane crash in nepal. a witness says he saw the plane flying low before it suddenly veered to the left. at least 69 people were killed after the yeti airlines jet crashed yesterday near the city of cholera. 3 others are still missing tonight. the plane had taken off from the capital of kathmandu when it lost contact with the control tower and then crashed into a gorge. the flight data recorder has...
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Jan 27, 2023
01/23
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east sports reporter kate rooney and photo journalist. tahir aside. we'll be out there covering the team through sunday. but in the meantime, we've got a pack show tonight. buckle down, get comfortable. thanks for tuning into the red and gold zone. i'm your host jason dumas. now we're just 3 days away from kickoff in south philly. the theatrical from both fan bases. >> are getting louder and louder. but if you block out that noise and really get into the x's and o's, you'll see that the key to this game could be the battle between the forty-niners offensive line and the eagles defensive line. the eagles led the nfl with 70 sacks during the regular season. they did things like this all year long. the niners offensive line only gave up. 31 sacks only 5 teams gave up fewer than that. the eagles have been able to dominate game this season because they simply dominate in the trenches. but you shown an affinity to escape pressure and limit mistakes and that will have to continue of the niners won a march on to the super bowl. >> i think the biggest thing yo
east sports reporter kate rooney and photo journalist. tahir aside. we'll be out there covering the team through sunday. but in the meantime, we've got a pack show tonight. buckle down, get comfortable. thanks for tuning into the red and gold zone. i'm your host jason dumas. now we're just 3 days away from kickoff in south philly. the theatrical from both fan bases. >> are getting louder and louder. but if you block out that noise and really get into the x's and o's, you'll see that the...