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May 16, 2023
05/23
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the only one we know, actually just to be clear, for amazon, when we think about what amazon does already, i mean, it knows what books i want to read, it shows what food i like to eat, et cetera, i mean, on some levels, isn't a.i. already been implemented? what is the difference between what amazon is doing now with what they will employ? >> well, i think that this is more speaking to how amazon's front end experience is broken and perhaps profoundly broken because of the way they integrate third party products onto their platform. i think amazon's platform has a lot of legacy debt to how the business has evolved so it's natural they try to apply new language models to help user discovery. i think through their smart speaker networks, that's maybe been a more promising way they can deliver users to products that they want to buy. and every company's going to have to adapt to a.i it's funny, dan, to hear you talking about, oh, this is hype or near term hype cycle, our belief is there's going to be $90 trillion that acures to the enterprise value of a.i. software companies, broadly speaking
the only one we know, actually just to be clear, for amazon, when we think about what amazon does already, i mean, it knows what books i want to read, it shows what food i like to eat, et cetera, i mean, on some levels, isn't a.i. already been implemented? what is the difference between what amazon is doing now with what they will employ? >> well, i think that this is more speaking to how amazon's front end experience is broken and perhaps profoundly broken because of the way they...
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May 28, 2023
05/23
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we know amazon is always innovating amazon a big chunk of the nasdaq is getting pulled with everything if the nasdaq continues to push through key technical levels i think there's room to the upside i don't want to make a bet that's all in on amazon. i do own amazon for clients but i think options are laying out right now through july before its earnings catalyst event to continue to play to the upside and what i would look to do is simply look at the july options right now, expiring right before earnings the july 1 20 strike call is cheap enough to buy to the upside i can reduce the cost by selling a put spread selling the 105/95 put spread, collect a little bit of premiu to lower the cost of the call. i'm okay getting the long amazon there's pullback in the nasdaq, tech, retailers, whatever, i can buy the stock down there and i'd have the cash flow to cover the area of $10 to the downside between the 105 and the 95 strike, but here i get to play the upside i'm only spending a net $6 premium to play to the upside. break even you see 126 there's room to go if the nasdaq keeps going i g
we know amazon is always innovating amazon a big chunk of the nasdaq is getting pulled with everything if the nasdaq continues to push through key technical levels i think there's room to the upside i don't want to make a bet that's all in on amazon. i do own amazon for clients but i think options are laying out right now through july before its earnings catalyst event to continue to play to the upside and what i would look to do is simply look at the july options right now, expiring right...
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May 18, 2023
05/23
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but i'm telling you, amazon probably is even more indispensable to me because of amazon prime and everything i can do and hook to it, including going to whole foods, including buying whatever i want, including watching tv, including listening to all kinds of radio stations on my amazon echo. >> i think those interactions will become a lot more natural using those natural large language models. you can have a conversation with your alexa about what it is you want to buy, what you want to do, without having to look at a screen. >> and amazon has been talking about this for ages since alexa first came on the scene. that's the ultimate vision, the star trek computer that can do everything for you they haven't really made much progress there. >> give us the last word and last thought on the stock price and where it can go from here. >> we still think stocks trending to 135 plus, huge move, outperformed every other name and large cap we covered this year even while microsoft had the attention. they're getting their costs under control and the supply chain. aws will rebound in the back half of the
but i'm telling you, amazon probably is even more indispensable to me because of amazon prime and everything i can do and hook to it, including going to whole foods, including buying whatever i want, including watching tv, including listening to all kinds of radio stations on my amazon echo. >> i think those interactions will become a lot more natural using those natural large language models. you can have a conversation with your alexa about what it is you want to buy, what you want to...
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May 12, 2023
05/23
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>> amazon underperformed the s&p since july 2020. i look at the downward trend it's right up against some serious levels here. no question amazon underperformed apple and microsoft and carter's right on that i look at all of the cues, and steve's rooting this back to a banking dynamic that will keep people defensive i think apple is certainly one that's up against, on a relative basis -- apple that to me looks like a place where apple starts to fail relative to the market amazon has underperformed to the market for a long time, and i think the burden of proof is still on amazon even though totally agree it's underperformed. >> coming up, make way for a new chief tweeter. elon musk taking to twitter for the new chief hire. >>> later on "options action," mike is moeing into deere ahead of earnings next week. what's the action, and how should you trade it? those details are eaahd. stick around much more "fast money" ahead thd bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help
>> amazon underperformed the s&p since july 2020. i look at the downward trend it's right up against some serious levels here. no question amazon underperformed apple and microsoft and carter's right on that i look at all of the cues, and steve's rooting this back to a banking dynamic that will keep people defensive i think apple is certainly one that's up against, on a relative basis -- apple that to me looks like a place where apple starts to fail relative to the market amazon has...
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May 1, 2023
05/23
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you gave amazon an "a. the beat on ad spending is something to watch what does that tell us to the market ads that is the big part of the story with apple >> for amazon, you know, it is some of the search advertising is moving from google to amazon. you look at google they had relatively slow growth in advertising of 1.8% that was in the 20% range in the previous comparative quarter now you see the growth in advertising with amazon. what is happening here maybe people who want to be close to the purchase inside google and now want to be closer to amazon. this is as good as it gets as close to that as possible on. move budgets to amazon amazon's ad business is a strength for years it hasn't been talked about enough, i don't think. i think this is starting to be strength on strength where amazon's business is snowballs once it moves, tech watches. >> alex, thank you great to see you >>> coming up on "worldwide exchange," opec surprise cuts take effect today. have traders priced it in or are more gains coming
you gave amazon an "a. the beat on ad spending is something to watch what does that tell us to the market ads that is the big part of the story with apple >> for amazon, you know, it is some of the search advertising is moving from google to amazon. you look at google they had relatively slow growth in advertising of 1.8% that was in the 20% range in the previous comparative quarter now you see the growth in advertising with amazon. what is happening here maybe people who want to be...
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May 26, 2023
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play amazon's always innovating in that sense amazon a big chunk of the nasdaq getting pulled with everything if the nasdaq continues to push through some of these key technical levels, i think there is room to the upside. however, i don't want to make a bet to all in on amazon. i own amazon for clients but i think options are laying out through july before its earnings catalyst event to sort of continue the play to the upside. what i would look to do is look at the july options right now. right after earnings, july 120 strike call i think is cheap enough to buy to the upside. reduce the cost by selling a put spread, selling the 105, 95 put spread collect a little bit of premium to lower the cost of the call. i am okay at the 105 level i think if there is a pull back in the nasdaq, tech, retailers, whatever, i can buy the stock and have the cash to cover that little area of $10 to the downside between the 105 and 95 strike but here i get to play the upside i am spending a net $6 in premium to play to the jupside, break even, 126. there is room to go. if the nasdaq goes, i participate. if reta
play amazon's always innovating in that sense amazon a big chunk of the nasdaq getting pulled with everything if the nasdaq continues to push through some of these key technical levels, i think there is room to the upside. however, i don't want to make a bet to all in on amazon. i own amazon for clients but i think options are laying out through july before its earnings catalyst event to sort of continue the play to the upside. what i would look to do is look at the july options right now....
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May 15, 2023
05/23
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amazon has a ton i didn't know about. amazon bedrock here's how they describe it. imagine the content marketing manager would works at a leading fashion retailer and develops new advertising. they provide bedrock a few labeleds examples of best performing tag lines from past campaigns along with the associated product descriptions, end quote. then amazon bedrock will and i quote automatically start generating effective social media disin ad and web copy for handbags, end quote. like a marketing department program and the cost they will save instead of hiring those specialists. the big consultants like accenture, deloitte rely on it too. we've known about amazon's prowess for years, how they recommend things you might like based on what you've already bought but you might not know that robin, a robotic system used across its operations in the u.s., canada and europe use, and i quote, artificial intelligence, computer vision and machine learning to help employees handle and sort customer packages before shipment, end quote. more importantly it makes their people a lo
amazon has a ton i didn't know about. amazon bedrock here's how they describe it. imagine the content marketing manager would works at a leading fashion retailer and develops new advertising. they provide bedrock a few labeleds examples of best performing tag lines from past campaigns along with the associated product descriptions, end quote. then amazon bedrock will and i quote automatically start generating effective social media disin ad and web copy for handbags, end quote. like a marketing...
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May 31, 2023
05/23
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so it is not actually that unusual, but it does come at sort of an important moment for amazon when it is trying to find fiscal discipline. andy jassy less than two years in the job, and so when he has to manage this rising unrest amid the workforce >> and also just on the wires getting news that the ftc has sued amazon or ring's doorbell privacy. what can you tell us >> yes, i can bring you more as i find it, but ring is its security camera devices. and i'm looking at the suit now and it is claiming that ring employees an contractors were given unnecessary and unrestricted access to cus customers' sensitive video data. and they are so widely used that i don't know how wide this is, but it is saying that it didn't limit access to customers' video data and that there was some, you know, some liberties taken this certainly isn't the first lawsuit there or look from regu. so this is piling up too not just for amazon but for the other big tech companies also. >> i guess they will be requiring ring to destroy all pre-2018 home security recordings covered by the settlement interesting stuff.
so it is not actually that unusual, but it does come at sort of an important moment for amazon when it is trying to find fiscal discipline. andy jassy less than two years in the job, and so when he has to manage this rising unrest amid the workforce >> and also just on the wires getting news that the ftc has sued amazon or ring's doorbell privacy. what can you tell us >> yes, i can bring you more as i find it, but ring is its security camera devices. and i'm looking at the suit now...
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May 1, 2023
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let's talk about amazon. amazon gave you numbers on thursday and this was the only mama stock that got hit in response sank 4% on friday. the stock rallied after hours, because the numbers on the surface were pretty darn good. they were past numbers and they came in stronger than expected and showed cost discipline i think they need to make deeper cost cuts. and they have to fire more people only the stock reversing after hours trading, because of a comment. amazon web services, cloud business up 16% in the first quarter. but the cadence was very bad throughout the quarter they sailed in april frankly not even in the three months reported, falling to 11%. that a big stepdown. that is suppose thod be the company's key growth given that alphabet and microsoft had a lot to do, made me feel like amazon is fading the market share i feel like amazon web services will see the revenue growth sink below that, and a negative the rest of the business is comin coming on strong there is no reason to panic. i don't want to
let's talk about amazon. amazon gave you numbers on thursday and this was the only mama stock that got hit in response sank 4% on friday. the stock rallied after hours, because the numbers on the surface were pretty darn good. they were past numbers and they came in stronger than expected and showed cost discipline i think they need to make deeper cost cuts. and they have to fire more people only the stock reversing after hours trading, because of a comment. amazon web services, cloud business...
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May 9, 2023
05/23
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so amazon needs to match them at that strength. >> and amazon, remember, doubled its network capacity over the pandemic, sent billions of dollars. walmart is using what it has, spending a lot of money on the back end for that e-commerce piece of it. but they have this -- what did you call it? they have that built in, and during the pandemic, amazon, still trying to be everything to every consumer, but it's going to cost in different ways. >> we saw the earnings in the margins were slim to begin with. spotify is now using -- is it using ai to purge songs or who is booming what's happening here? >> okay. so this is wild, actually. so boomy is an app to make muse wick the assistance of artificial intelligence. that's not new people have been doing that for a long time. what is sort of new is that a lot of those songs are ending up on spotify, kelly. do you remember the weeknd and drake? it was a huge and gigantic hit more people are listening, but also there's more bots on spotify moving up the song count. so it sounds like more people are listening to these songs, but they're not actual
so amazon needs to match them at that strength. >> and amazon, remember, doubled its network capacity over the pandemic, sent billions of dollars. walmart is using what it has, spending a lot of money on the back end for that e-commerce piece of it. but they have this -- what did you call it? they have that built in, and during the pandemic, amazon, still trying to be everything to every consumer, but it's going to cost in different ways. >> we saw the earnings in the margins were...
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May 19, 2023
05/23
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. >>> still ahead, a first look inside amazon hq2. will it be enough to take the sting out of the controversial call for workers to return to the office we have a eak aksnpe ahead of the opening. "the exchange" is back after this if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee. all it takes is eight minutes to get started. then work with professionals to assist your business with its forms and submit the application. go to getrefunds.com to learn more. ♪ ♪ >>> welcome back to "the exchange." i'm tyler mathsen with your update the georgia prosecutor investigating donald trump and his allies for possible interference in the 2020 election signaled charges could come in august the district attorney fannie willis asked a judge to not schedule trials and in-person hearings during the first two full weeks of august she did not give a reason for that unusual request, but willis previously warned law enforcement of possible backlash dur
. >>> still ahead, a first look inside amazon hq2. will it be enough to take the sting out of the controversial call for workers to return to the office we have a eak aksnpe ahead of the opening. "the exchange" is back after this if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee. all it takes is eight minutes to get started. then work with professionals to assist your...
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May 24, 2023
05/23
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carrie >> amazon. if we don't have a recession, very good for consumer spending. >> dow is down $250. we're watching the talks on the debt ceiling you heard the speaker before we got on air doesn't sound like they're close. political posturing, probably. spin from both sides, probably we'll see if they can come to a deal before that june 1st deadline i'll see you on "closing bell. "the exchange" is now. ♪ ♪ >>> thank you, scott and welcome to "the exchange." i'm kelly evans. here's what's ahead. still no deal. like you just heard, house speaker mccarthy says the two sides remain hung up on the central issue of baseline spending the central issue, with only days before we might hit the debt ceiling that update sending stocks to a session low. only two names are positive right now. but our market guest says my debt ceiling risk may be to the upside >>> on the other hand, the worst is yet to come that warning courtesy of investor don
carrie >> amazon. if we don't have a recession, very good for consumer spending. >> dow is down $250. we're watching the talks on the debt ceiling you heard the speaker before we got on air doesn't sound like they're close. political posturing, probably. spin from both sides, probably we'll see if they can come to a deal before that june 1st deadline i'll see you on "closing bell. "the exchange" is now. ♪ ♪ >>> thank you, scott and welcome to "the...
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May 23, 2023
05/23
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i'm ready to issue a crossover alert on amazon. you've got a rising 50-day about 103, 104 you've got a nat lining 200-day at 105 that 50-day looks like she wants to cross over. amazon is green and red taped for large cap tech i'm long and excited >> see you on "closing bell. "the exchange" is now. ♪ ♪ >> thank you, scott. welcome to "the exchange." i'm kelly evans. here is what is ahead this hour. negotiations continue, but no debt ceiling deal yet. the equity markets are largely in wait and see mode, while the yield on six-month t-bills is at a shigh >>> google's ceo warning of more ai perils, and bank of america names one stock well positioned to ride the ai wave to greater market share and we'll see how much longer the home builder
i'm ready to issue a crossover alert on amazon. you've got a rising 50-day about 103, 104 you've got a nat lining 200-day at 105 that 50-day looks like she wants to cross over. amazon is green and red taped for large cap tech i'm long and excited >> see you on "closing bell. "the exchange" is now. ♪ ♪ >> thank you, scott. welcome to "the exchange." i'm kelly evans. here is what is ahead this hour. negotiations continue, but no debt ceiling deal yet. the...
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May 26, 2023
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on the other side of that equation, we are seeing ai cost companies money, too microsoft, amazon, google, their cloud units, they need to upgrade servers and infrastructure on the back end so their customers can run their own generative ai model. so yeah, new opportunities for them, but it's also increasing their capital expenditures at a moment when they're trying to be more profitable and disciplined. and there's the snowflakes, the ai enablers, they should be the new infrastructure allowing companies to make use of their data the models are only as good as the data, so perhaps some urgency for those names to show that they're a real part of this story, as we saw with snowflake's decline this week. the market was still looking at those disappointing numbers. i come back to this chart, this is an analogy of what happened during the mobile internet era first it was the semiconductors that benefited we're seeing that for generative ai then it was infrastructure, then samsung and apple. we don't know what the green and blue is going to be, but if this follows the same kind of model, we wil
on the other side of that equation, we are seeing ai cost companies money, too microsoft, amazon, google, their cloud units, they need to upgrade servers and infrastructure on the back end so their customers can run their own generative ai model. so yeah, new opportunities for them, but it's also increasing their capital expenditures at a moment when they're trying to be more profitable and disciplined. and there's the snowflakes, the ai enablers, they should be the new infrastructure allowing...
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May 12, 2023
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he joins us with a look ahead to this season of "thursday night football" on amazon prime. the schedule is just out he loves the markets, too. kw re talking those as well in just two minutes qualif? - what? - especially when it comes to your finances. - are you a certified financial planner™? - i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. car designers can shape a piece of clay into a piece of art. so why don't they? at nissan, things are different. nissan knows what thrill looks like. because they design it into every car they make. how? how do you choose? how do you choose the ones you save? he's coming for you with everything. dom! can't save 'em all. >>> welcome back to "the halftime report. disney was downgraded to peer perform at wolfe it could weigh on the stock for the foreseeable future subsid disappointed. i don't think we had a chance to talk to you after disney >> it was a busy day, as you know, yesterday. it seems strange to downgrade now but, okay, wolfe can do whatever they
he joins us with a look ahead to this season of "thursday night football" on amazon prime. the schedule is just out he loves the markets, too. kw re talking those as well in just two minutes qualif? - what? - especially when it comes to your finances. - are you a certified financial planner™? - i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. car designers can shape a piece of clay into a piece of art....
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May 18, 2023
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shifting over to amazon, why should i search google i'll just go to amazon and do it we know how amazon's ad business is doing i can see that translating here, as well. and we should also note, google is thig about this and yesterday it was reported that they are thinking about how to integrate this ai into their ads to make ads better and more effective. for example, doing similar to what facebook announced, using generative ai to help smaller companies that don't have the capability to make these ads >> maybe the question for investors, do you watch for headlines like expedia or b booking developing its own chat app, or do you think okay, that becomes the portal by which these companies can benefit? >> that's a great question you're talking about the potential for google, but we the other side of the debate, can google monetize other pieces of the industry that aren't in search so i wouldn't be negative on google, because there are other pieces that they can lean on to generate revenue to offset some of that loss to your point, google and expedia are developing their own in-house functi
shifting over to amazon, why should i search google i'll just go to amazon and do it we know how amazon's ad business is doing i can see that translating here, as well. and we should also note, google is thig about this and yesterday it was reported that they are thinking about how to integrate this ai into their ads to make ads better and more effective. for example, doing similar to what facebook announced, using generative ai to help smaller companies that don't have the capability to make...
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May 11, 2023
05/23
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i like amazon before the narrative changes. >> dan, no one is saying it's winner take all. it's probably not winner take most there are many players how do you view meta -- we haven't even discussed apple who knows what they have australian open their sleeve we need to wait and see what they have to bring to the table. how would you address is sea of come pepetitors out there >> i think this is a massive opportunity. when it comes to meta and what they're doing on ai, how they can monetize their base, then you see the u-turn from zuckerberg there's a monetization factor they're not talking about there. co coopertino talked about opportunity. >> you added apple back. >> i did i'm glad i did just listening to this conversation, in reality if tech is able to grow as a percentage of gdp the way we expect it's going to, all these companies are going to benefit you're talking about tech as a percentage of gdp only at 5% that's going to grow to double digits that's a world where it's not winner take all, it's everyone is going to be able to participate and enjoy and succeed. >> yo
i like amazon before the narrative changes. >> dan, no one is saying it's winner take all. it's probably not winner take most there are many players how do you view meta -- we haven't even discussed apple who knows what they have australian open their sleeve we need to wait and see what they have to bring to the table. how would you address is sea of come pepetitors out there >> i think this is a massive opportunity. when it comes to meta and what they're doing on ai, how they can...
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May 18, 2023
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>> amazon? >> right you obviously have the tail wagging the dog with aws, but amazon >> yeah. >> tim >> i think it's -- i like the call on amazon i'm sure carter's got a view on that chart, which has been breaking out to all kinds of fun stuff, but i'm -- mcdonald's, be careful. i've been long i like the story, but i've been selling calls and slowly that position is almost flat now. similar to walmart walmart over mcdonald's. >> agreed. mcdonald's is rich, full, steep, whatever word you want to use. >> so good it's bad? >> later in the show >> later in the show >> something that's been terrible, it's now emerging. >> yeah. >> terrible but emerging dan, can you get onboard of that >> a bearish to bullish reversal i've been following his work for 15 years now the amazon thing is interesting. it's interesting that's where you went to. that was just, like, you snuck that in there -- >> that's okay, karen. >> would you rather rather >> yeah, but it's interesting you went there, because we spent so mu
>> amazon? >> right you obviously have the tail wagging the dog with aws, but amazon >> yeah. >> tim >> i think it's -- i like the call on amazon i'm sure carter's got a view on that chart, which has been breaking out to all kinds of fun stuff, but i'm -- mcdonald's, be careful. i've been long i like the story, but i've been selling calls and slowly that position is almost flat now. similar to walmart walmart over mcdonald's. >> agreed. mcdonald's is rich,...
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May 30, 2023
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when that expires, we can expect interest from streamers, including amazon and apple amazon has already partnered with the nba to stream games in brazil and shown its expertise in streaming with the nfl games it has and apple is showing its growing interest in sports, buying up rights to soccer and baseball. now, the nba is in the spotlight right now, as all other major sports rights are tied up for years. playoffs ratings were up meaningly from last year, and regular season ratings were flat we could see streaming rights split up and also some rights still going to that linear tv bundle >> the last major sports field to be up for some time it's hugely important. >>> shares of coinbase up 13% this year. one analyst says he's seeing a troubling trend emerge that's next. lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's mo
when that expires, we can expect interest from streamers, including amazon and apple amazon has already partnered with the nba to stream games in brazil and shown its expertise in streaming with the nfl games it has and apple is showing its growing interest in sports, buying up rights to soccer and baseball. now, the nba is in the spotlight right now, as all other major sports rights are tied up for years. playoffs ratings were up meaningly from last year, and regular season ratings were flat...
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May 12, 2023
05/23
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i was at amazon. super customer focused, helped them build a $4 billion i left i was the 37th employee at amazon crazy. world leader this is an organiztion i founded to get children reading and we got 21 million kids reading over the last 14 years using technology if we can get 21 million kids reading i think we can get lyft up and running in a bigger way. >> i think that's approbo of what i'm thinking. uber's king. how do you dethrone a king or do you not even need to do that >> i don't need to dethrone a king this is a market that wants to have two players in it customers -- riders want it, right? you want two apps on your phone. you want one check and the other to check because sometimes one will let you down. i hope it's never us i want us to be more customer focused. it's not a bad thing same on drivers. drivers want two i don't have to dethrone it. i'll say one more thing. five years from now i hope people are no longer asking about uber and lyft. i hope what they're saying is look what an amaze
i was at amazon. super customer focused, helped them build a $4 billion i left i was the 37th employee at amazon crazy. world leader this is an organiztion i founded to get children reading and we got 21 million kids reading over the last 14 years using technology if we can get 21 million kids reading i think we can get lyft up and running in a bigger way. >> i think that's approbo of what i'm thinking. uber's king. how do you dethrone a king or do you not even need to do that >> i...
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May 26, 2023
05/23
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it's a balancing act amazon cloud along with microsoft need to upgrade servers and infrastructure on the back end to give customers that computing power needed, that in turning increases the expenditures and when they're trying to be profitable and disciplined, and this is what it comes down to. in the ai hype cycle as you were talking about this with your previous guest, eric, you need to be talking numbers with marvell, and nvidia, and amazon is not doing that. >> thank you, deirdre. she's out in san francisco. >>> up next, we're tracking the biggest movers as we head into the close. about 20 minutes left. pippa stevens standing by. >> one stack is popping as it makes its debut. we've got the details coming up. meet gold bond healing. a powerhouse lotion that moisturizes, heals, and smooths dry skin. with 7 moisturizers and 3 vitamins, you can pay more but you can't get more. gold bond. champion your skin. >>> just about 15 minutes to go now before the closing bell. let's get back to pippa stevens now for a look at the key stocks she is watching, pippa. >> hey, scott. well, arista
it's a balancing act amazon cloud along with microsoft need to upgrade servers and infrastructure on the back end to give customers that computing power needed, that in turning increases the expenditures and when they're trying to be profitable and disciplined, and this is what it comes down to. in the ai hype cycle as you were talking about this with your previous guest, eric, you need to be talking numbers with marvell, and nvidia, and amazon is not doing that. >> thank you, deirdre....
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May 31, 2023
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because your father is so synonymous with amazon that was a surprise when i learned this information i want you to verify i have it correctly so our viewers understand it. >> miller value partners will continue to manage the miller income fund. we're also exploring new ways to help clients in strategies they might be interested in his strategy, the opportunity trust he ran, is managed by patient capital. mvp is exploring new ways to help clients where you may see similar names. >> sure. but how do you -- as we look to what's been so red hot in the market, ai and ai-related trades, how do you view that on your own do you look to buy those names back do you feel underinvested in ai-related stocks? how do you view it >> what's interesting now the only names going up are ai and big tech if you look at the market breadth over the past 60 days, 80% of the market is underperforming. that's because things like nvidia and facebook are going up everything else in the market isn't doing well capital intensive things are not doing well facebook isn't a capital intensive this business. google isn
because your father is so synonymous with amazon that was a surprise when i learned this information i want you to verify i have it correctly so our viewers understand it. >> miller value partners will continue to manage the miller income fund. we're also exploring new ways to help clients in strategies they might be interested in his strategy, the opportunity trust he ran, is managed by patient capital. mvp is exploring new ways to help clients where you may see similar names. >>...
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May 24, 2023
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. >> although, on mega cap tech today, mizuho takes amazon to $160, jim. they're talking about a re-acceleration in aws growth. there's that and then, of course, you, and eddie q here at our ceo council yesterday. take a listen to what eddie told jim. >> it's hard to do one great thing, and so we've been very, i think, very good about deciding, when we're going into sports, we didn't want to just put our toe in the water we didn't want to put one game on or -- we wanted to do something that, you know, i'll use the gretzky quote, even though we did soccer, like, we wanted to go where the puck was going, not where the puck was. that's what he does. he skates to where the puck was going, to the to where the puck is and that's the same thing we wanted to do with sports so, i'm a sports fan you can see that by what i just -- what i have said i wanted to create something that, if you're an mls fan, you're going to love and if you're not an mls fan, the first time you see it, you're going to be like, wow, this is really good. >> well, if he can get people worldwi
. >> although, on mega cap tech today, mizuho takes amazon to $160, jim. they're talking about a re-acceleration in aws growth. there's that and then, of course, you, and eddie q here at our ceo council yesterday. take a listen to what eddie told jim. >> it's hard to do one great thing, and so we've been very, i think, very good about deciding, when we're going into sports, we didn't want to just put our toe in the water we didn't want to put one game on or -- we wanted to do...
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May 26, 2023
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it's out of the vc range it's like when amazon and azure broke the cloud platform it was investing in things on top of it. >> you would not be investing in the same kinds of things that google is investing in, that microsoft is investing in. that's out of your scope you'll invest in things that are more bite sized or digestible. >> or is the analogy the uber to the iphone >> we're not going to try to compete with google and microsoft and open ai. we're going to use that as a platform and compete on the level higher when iphone came out, doing apps was an interesting game to play in we're in that part of the game we're trying to invest above the cloud platforms and the ai platforms. >> so then the obvious question, without asking you to open your playbook 100%, what kinds of -- what kinds of companies does this process lead you to right now? >> i think three kinds number one is the platform shift where you're going after a real existing category enterprise software with ai power underneath it and you go into existing work flow of enterprises. this is the crm example. there's dozens of
it's out of the vc range it's like when amazon and azure broke the cloud platform it was investing in things on top of it. >> you would not be investing in the same kinds of things that google is investing in, that microsoft is investing in. that's out of your scope you'll invest in things that are more bite sized or digestible. >> or is the analogy the uber to the iphone >> we're not going to try to compete with google and microsoft and open ai. we're going to use that as a...
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May 17, 2023
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>> our team builds a series of stable models, that's what is going on amazon's new service. everything that is measured is only built by our team the other 200 are stimulating academic innovation. those are not commercial models. >> maybe last one for me i know based on that too, some of the clarity who is with the organization, who isn't, there's been claims of a lack of clarity on stability's ai ip can you clear those up >> we said, stability models have 100% stability, and the other stuff we kind of fund. you want to have full stability. open models are required with regulated data so we want to make that very clear. >> before i bring in steve, are you a business is there revenue or is this an academic exercise? >> we are a business we have an eight-digit revenue we announced the bedrock service. we take our open models to your cloud and then we have a degree with amazon where we participate on the upside. >> what would you response be? i'm confused to being a profitable business, which musk seems unhappy about, and being open source. can you address that >> open ai came
>> our team builds a series of stable models, that's what is going on amazon's new service. everything that is measured is only built by our team the other 200 are stimulating academic innovation. those are not commercial models. >> maybe last one for me i know based on that too, some of the clarity who is with the organization, who isn't, there's been claims of a lack of clarity on stability's ai ip can you clear those up >> we said, stability models have 100% stability, and...
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May 2, 2023
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but it was amazon that saw the biggest nearly increase in usage. for more, let's bring in the head of u.s.stanley. good to see you, ben what jumps out about amazon. >> good to see you thanks for having me on. look, i think the headline for us on the amazon front is probably the impact of sports. thursday night football, as you probably know, made its debut exclusively on prime last fall that seems to us to be probably the biggest driver of the increase i think it is a big debate for investors, particularly as we come back to netflix, whether or not live sports, you know, makes a big difference we did ask consumers, for example, about apple tv plus, which is still kind of a niche service in terms of penetration. how much would sports matter we saw a significant increase in intent to sign up if live sports were included. those are some of the things that are interesting about our survey this year. >> although, netflix, you know, what was the dating show they couldn't get the sunday night -- "love is blind. anyway, a long road ahead. overall, the find
but it was amazon that saw the biggest nearly increase in usage. for more, let's bring in the head of u.s.stanley. good to see you, ben what jumps out about amazon. >> good to see you thanks for having me on. look, i think the headline for us on the amazon front is probably the impact of sports. thursday night football, as you probably know, made its debut exclusively on prime last fall that seems to us to be probably the biggest driver of the increase i think it is a big debate for...
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May 30, 2023
05/23
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and in the places we're overweight, if we're overweight google, we're overweight amazon, overweight meta. not overweight apple and microsoft. are we at a point those names are overweight where we feel it's too much of the portfolio and we decided, no, but we're watching because, for example, google sells for market multiple, we don't have a problem owning it apple is more expensive and amazon is more expensive we have tried to be careful about the prices we're going to own those stocks at but they're not close to the nvidia valuation and at times like this maybe valuation doesn't matter or p/e doesn't matter. it's about growth and the perception of growth >> so, by the way, we see a note bank of america bumps the price target of nvidia up to $500. that's 23% from current levels. what felt like 40 price target bumps. joe, what did you want to say? >> i wonder how much of all of this is really nowhere else to go in the market and where positioning has been completely offside throughout the year. near a 52-week high, technology is up 10%. both up 4% energy is down 8%. health care down 5%. t
and in the places we're overweight, if we're overweight google, we're overweight amazon, overweight meta. not overweight apple and microsoft. are we at a point those names are overweight where we feel it's too much of the portfolio and we decided, no, but we're watching because, for example, google sells for market multiple, we don't have a problem owning it apple is more expensive and amazon is more expensive we have tried to be careful about the prices we're going to own those stocks at but...
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May 8, 2023
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for example, if you include that in amazon prime membership, for example, amazon would easily be able to get all of the data. they only need to increase the contract to give me all the data and that gives them access to the data the amazon and others bar from getting the data, but others could bundle agreement to access the data and learn in detail how a product works and processes work >> under ststood. i want to talk about the digital markets act. how is this regulation impacting your ability to come p-- to compete? >> in europe, we are facing a number of regulations. the european data space and data markets act. a.i. act some regulations contradict each other. instead of being able to, you know, fully develop its businesses, we now are more or less part of several use cases and i think the u.s. is extremely liberal. that makes us difficult to play on an even level playing field the idea of the eu commission is the european businesses would achieve a better access to data which is a good idea, but by having regulation, then that would make it difficult to achieve that the idea is ri
for example, if you include that in amazon prime membership, for example, amazon would easily be able to get all of the data. they only need to increase the contract to give me all the data and that gives them access to the data the amazon and others bar from getting the data, but others could bundle agreement to access the data and learn in detail how a product works and processes work >> under ststood. i want to talk about the digital markets act. how is this regulation impacting your...
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May 30, 2023
05/23
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massive moves in nvidia and semis, but the good vibes across amazon, netflix, and more. what happens to the other once hot areas like energy and staples? >>> plus, split decision while u.s. and chinese government officials are talking about decoupling, a host of u.s. businesses are trying to strengthen bonds with beijing. >>> and later, carvana's back from the brink turn around salesforce's big run, and a bold call from wells fargo, saying bank stocks are cheap. i'm melissa lee, this is "fast money," we're live at the nasdaq market site. and we start off with the a.i.-led tech boom on wall street what else? chip stocks continuing to rip higher, with nvidia topping the trillion dollar value mark for the first time broa broadcom up 18% in just the last three sessions megacap tech getting a boost apple, microsoft, alphabet, amazon and meta have added a combined $775 billion in market cap just this month. but a rising tide hasn't lifted all boats. while the tech sector is up 10% on may, on base for its fifth straight month of gains, crude oil and energy stocks are down 9% de
massive moves in nvidia and semis, but the good vibes across amazon, netflix, and more. what happens to the other once hot areas like energy and staples? >>> plus, split decision while u.s. and chinese government officials are talking about decoupling, a host of u.s. businesses are trying to strengthen bonds with beijing. >>> and later, carvana's back from the brink turn around salesforce's big run, and a bold call from wells fargo, saying bank stocks are cheap. i'm melissa...
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May 18, 2023
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too. >> amazon. and that's the opportunity, right? because that's the store where everyone shops at around the nation, everywhere if you can win on amazon we feel we can win everywhere. we're excited. >> so tell us about the advantages it's about to be the summer and they're going to -- a lot of people are going to reach for a celsius the first time what are the advantages over, say, a five-hour energy or triple venti cappuccino? why do people like yours more? >> first hands down it's all about the flavor we have great flavors for summer i'm drinking an oasis vibe right now. we just launched it with -- we launched it with target. great success. >> with target >> yeah. >> congratulations >> flavor's great. we just did a huge campaign at coachella. one of the hottest events as we know that takes place. great flavor ready for summer. >> now, you are a little different. you do a conference call you know i'm on these conference calls. you are very clipped you have a story you don't waste anybody's time yo
too. >> amazon. and that's the opportunity, right? because that's the store where everyone shops at around the nation, everywhere if you can win on amazon we feel we can win everywhere. we're excited. >> so tell us about the advantages it's about to be the summer and they're going to -- a lot of people are going to reach for a celsius the first time what are the advantages over, say, a five-hour energy or triple venti cappuccino? why do people like yours more? >> first hands...
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May 18, 2023
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e-commerce, though, up 26, jim, after amazon, 11, and target, down 3 >> i'm so glad you pointed that out. the two surprises are e-commerce and international. yesterday, brian cornell, you know, otherwise i thought a really good call from target, mentioned, hey, of course you know that e-commerce is slowing down more people are coming back to the stores and it was said in the notion of, of course. well, of course, walmart continues to build e-commerce, and david, you know how you first brought out that amazon could have this amazing advertising business >> yeah. we discussed it sometime back. >> walmart making money >> are they? >> yeah, a lot of money. and you've got john rainey there. >> john david rainey apparently he likes to go by his full anytime >> i was jimmy cramer on the trading desk >> that's what courtney says in her notes here john david rainey. >> listen, princess bride, there is -- the early read is so positive on walmart that it makes me wonder why anyone felt -- i mean, did people really think it was going to be bad after target it's better than target, but a lot of i
e-commerce, though, up 26, jim, after amazon, 11, and target, down 3 >> i'm so glad you pointed that out. the two surprises are e-commerce and international. yesterday, brian cornell, you know, otherwise i thought a really good call from target, mentioned, hey, of course you know that e-commerce is slowing down more people are coming back to the stores and it was said in the notion of, of course. well, of course, walmart continues to build e-commerce, and david, you know how you first...
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May 5, 2023
05/23
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albert chang a vp at amazon prime. >> i'm proud of my chinese culture. i am proud of the confusion principles i was raised but also proud of being born as an american where i can embrace all the positive kwaqualities that makes this country so nexunique as a community the asian community never really had a voice and what i'm really happy to see is that that voice is only grown louder and prouder because of a lot of the attention has been placed on certain individuals and the community that's been given a profile on the world stage you ok, man? the internet is telling me a million different ways i should be trading. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class education resources that match your preferred style of learning. learn your way. not theirs. td ameritrade. where smart investors get smarter℠. your record label is taking off. but so is your sound eng
albert chang a vp at amazon prime. >> i'm proud of my chinese culture. i am proud of the confusion principles i was raised but also proud of being born as an american where i can embrace all the positive kwaqualities that makes this country so nexunique as a community the asian community never really had a voice and what i'm really happy to see is that that voice is only grown louder and prouder because of a lot of the attention has been placed on certain individuals and the community...
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May 10, 2023
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for awhile, and i talked to a lot of studio people who were saying that, you know, netflix and amazon and, you know, to some extent apple, the spending race is still under way. they are still pouring the billions of dollars into that, and disney, if they want to play in that league, has no choice but to compete now, the writers' strike is going to help them probably more than anyone else, because there's a truce in the arms race there. how long that goes on, we don't know, but that's only pushing it down the road, because spending is all going to have to m coback how much can you cost-cut and still main thain that subscriber base, which has kind of flattened out. if you cut too much and you don't have the new programming, you know, people -- so easy, you just stop the subscription and wait until they come up with something new that you want. it's a very, very tough business, i think, and you've got these unbelievably deep pocketed competitors in amazon and netflix that you're up against. >> james, when you see the offering, where he's combining hulu and disney, is that just out of the
for awhile, and i talked to a lot of studio people who were saying that, you know, netflix and amazon and, you know, to some extent apple, the spending race is still under way. they are still pouring the billions of dollars into that, and disney, if they want to play in that league, has no choice but to compete now, the writers' strike is going to help them probably more than anyone else, because there's a truce in the arms race there. how long that goes on, we don't know, but that's only...
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May 4, 2023
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expensive >> is that kind of head count cut what you think amazon also needs to do? 20% after doing some last year >> frankly, i cannot hear you. >> enormous number of employees. >> are you saying that amazon is over -- has too many people? i don't think that andy jassy would agree with you it's going to hurt your same-day >> there's the opening bell and the cnbc realtime exchange, at the big board, it is kenvue, celebrating its initial public offering, and we are going to talk to the ceo of the j&j spinoff in a bit at the nasdaq, first responders children's foundation. >> do you think this is why they were able to do -- it was very loud, and they couldn't hear each other that might be. i happen to like kenvue very much because it happens to be a little cheaper than the other companies in the same game this is up against another spinoff that's been quite good they're going to have 3.5% yield. >> so, you kind of -- you like it coming out of the gate here, kenvue >> do i like it out of the gate? i think it's a steady eddie company in an area that people versus, say, hu
expensive >> is that kind of head count cut what you think amazon also needs to do? 20% after doing some last year >> frankly, i cannot hear you. >> enormous number of employees. >> are you saying that amazon is over -- has too many people? i don't think that andy jassy would agree with you it's going to hurt your same-day >> there's the opening bell and the cnbc realtime exchange, at the big board, it is kenvue, celebrating its initial public offering, and we are...
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May 15, 2023
05/23
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tech doubling its exposure in amazon, netflix and microsoft. the firm selling off millions of dollars of alibaba and jd.com. big tech also catching a bid from value investors as well balcoast bought a bunch more alphabet d-1 more of a growth investors rotating out of big tech the firm paired back over half its positions in amazon and microsoft. also taking down exposure to home renovation trades selling out sherwin-williams and slashing its stake in rh in half one new name was pnc, one of the larger regional banks, note worthy due to the bank turmoil and the fact that d-1 invests in areas that are growth oriented these come from 13-f filings their positions has likely shifted in the six weeks since we should get the bulk of 13-f filings after the bell today, scott. >> good disclaimer backward looking take it with a grain of salt although it's a good hint as to where people are looking leslie, thank you. if you have anything else, let us know. that's leslie picker >>> we heard from another big name hedge fund manager on "squawk box. where the ma
tech doubling its exposure in amazon, netflix and microsoft. the firm selling off millions of dollars of alibaba and jd.com. big tech also catching a bid from value investors as well balcoast bought a bunch more alphabet d-1 more of a growth investors rotating out of big tech the firm paired back over half its positions in amazon and microsoft. also taking down exposure to home renovation trades selling out sherwin-williams and slashing its stake in rh in half one new name was pnc, one of the...
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May 24, 2023
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. >> malcolm, leave me with a thought on amazon. there's a shareholder meeting today. >> yeah. the big thing to me i'm sure amazon will want to focus attention on is how much they improved their delivery methods and ai as a shareholder, i'm interested in their expectations for their ad sales amazon is coming in as a third place participant in the global ad sales market. that's not their number two or number three business line i'll be interested to hear how they intend to push forward in that arena. >> great conversation. i enjoyed it talk to all of you soon. stacy, malcolm and bryn, thank you. >>> our twitter question of the day is does nvidia have room to run? go to twitter to vote. >>> let's get to the top stocks to watch kristina partsinevelos is here with that. kristina >> reporter: shares of intuit moving to the downside after issuing quarterly esults q3 earnings came in above, but they reported a revenue miss the current quarter missed analysts expectations. shares of petco are plunging right now, 14% after surprising investors with a q1 loss consumers are more cautious
. >> malcolm, leave me with a thought on amazon. there's a shareholder meeting today. >> yeah. the big thing to me i'm sure amazon will want to focus attention on is how much they improved their delivery methods and ai as a shareholder, i'm interested in their expectations for their ad sales amazon is coming in as a third place participant in the global ad sales market. that's not their number two or number three business line i'll be interested to hear how they intend to push...
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May 24, 2023
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penalties have been leaveed it surpasses amazon for $806 million, however, it really could have been much higher as rules under the law allow for fines to total as much as 4% of a company's annual revenue in meta's case, that would be $4.7 billion meta says the decision is flawed joining me now for this and much more is helen dixon with the governing body to uphold the rules set under gdp r. great to have you here. >> good morning, frank >> first off, as we just mentioned, the fines could have been much higher it was still substantial were you trying to send a message with this? >> so the fine could have been higher, but i don't actually think the fine is the most significant measure that we've imposed in this case, so as you summarized very clearly, it's a case of transfers of eu persons from the eu to the u.s so in addition to the fine, what we've done is imposed two orders one suspends the transfers of personal data from eu to the u.s., and that will take effect in five months' time, and the second order imposes a cessation on processing of personal data already transferred, inclu
penalties have been leaveed it surpasses amazon for $806 million, however, it really could have been much higher as rules under the law allow for fines to total as much as 4% of a company's annual revenue in meta's case, that would be $4.7 billion meta says the decision is flawed joining me now for this and much more is helen dixon with the governing body to uphold the rules set under gdp r. great to have you here. >> good morning, frank >> first off, as we just mentioned, the fines...
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May 5, 2023
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. >> next fan asks, i'm curious if carter are a mains long on amazon al earnings. >> day before stock popped to $111, sunk to $101 and closed today $104.60. but the important thing is i think the stock the bottoming. yes, i like amazon long. >> time for the final call back over to you, carter. >> silver. >> brian stutland. >> i think payypal's got catchin up to do by the call spread vertical. >> mike khouw? >> sometimes in the money call spreads are a way to take advantage of the dynamic of call skew i like that in gld skbrks l zbl zblxle. >> and carter said to sell apple. wasn't expecting that. don't go anywhere. >>> my mission is simple. i'm here to level the playing field for all investors. there's always a work somewhere, and i promise to help you find it. "mad money" starts right now. hey, i'm kramer. welcome to "mad money." welcome to cramerica. my job is not just entertain, but teach you. call me a 1-800-743 -- or tweet me
. >> next fan asks, i'm curious if carter are a mains long on amazon al earnings. >> day before stock popped to $111, sunk to $101 and closed today $104.60. but the important thing is i think the stock the bottoming. yes, i like amazon long. >> time for the final call back over to you, carter. >> silver. >> brian stutland. >> i think payypal's got catchin up to do by the call spread vertical. >> mike khouw? >> sometimes in the money call spreads...
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May 7, 2023
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i think the stock is bottoming, yes, i like amazon long. >> time for the final call back to you, carter, kick it off. >> sure, silver, gold will do it too. >> brian stutland. >> i think paypal's got some catching up to do the upside, buy the call spread vertical. >> all right, mike khouw. >> you know, sometimes in the money call spreads are a way to take advantage of the dynamic of call skew, i like that in gld and sld. >> don't forget, carter said to sell apple that was something i wasn't expecting tonight, but he said it that does it for us here on "options action. back next friday at 5:30 p.m. eastern time don't go anywhere. "mad money" with jim cramer starts right now - [announcer] the following is a paid presentation sponsored by rex md. - guys, we're going to talk about your performance in the bedroom, because it is important. you deserve to be the best you can be, and your partner deserves it too. so what do you do when you need help? well, first know that it's actually very common. in fact, performance issues happen to about 50% of the men over the age of 40, not just old guys e
i think the stock is bottoming, yes, i like amazon long. >> time for the final call back to you, carter, kick it off. >> sure, silver, gold will do it too. >> brian stutland. >> i think paypal's got some catching up to do the upside, buy the call spread vertical. >> all right, mike khouw. >> you know, sometimes in the money call spreads are a way to take advantage of the dynamic of call skew, i like that in gld and sld. >> don't forget, carter said to...
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May 22, 2023
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amazon and meta reiterated top picks, and alphabet reiterated by bank of america and the list goes on and on, and microsoft and snowflake at oracle and piper. you catch my drift >> i think under the surface for technology this year, there's a bifurcation that we have not spent time discussing and the bifurcation is going towards what steve is addressing and that's the affect the monetary policy on these companies, the excessive liquidity and the historically low private borrowing costs. it's not the entirety of technology that is rallying so far year to date >> of course >> it's the mega cap stocks. why? because they don't need the monetary policy like those other technology companies do. i think what you are seeing portfolio managers do is say okay, we need to have the technology as an overall sector, and here are the candidates and there are maybe ten of them and we can get significant exposure to technology itself because of the large market capsize in nvidia and alphabet and apple. that's one of the attractiveness things of all of the names >> what we say at the top of the show, t
amazon and meta reiterated top picks, and alphabet reiterated by bank of america and the list goes on and on, and microsoft and snowflake at oracle and piper. you catch my drift >> i think under the surface for technology this year, there's a bifurcation that we have not spent time discussing and the bifurcation is going towards what steve is addressing and that's the affect the monetary policy on these companies, the excessive liquidity and the historically low private borrowing costs....
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May 10, 2023
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. >> yes, and the selling mezcal >> i'm talking to amazon i'm talking to walmart i'm talking to target. i'm talking to kohl's, macy's, tjx, burlington. i don't know who am i not talking to? tell me who i'm not talking to i'll talk to them too. >> the guy who runs the bodega down the street. >> none of those is telling me that apparel is up i talked to ollie's. i don't know who else to talk to i try to put together a pastiche if not a mosaic of prices. >> give us your conclusion from all the calls that you make. >> i'm saying apparel is down, and they're saying apparel is up i want to know where apparel is up i just -- tell me. i mean, you know, i'll tell you, across the street is hermes. apparel is up. >> maybe they're overweighting the hermes data. >> lvmh is up. >> i'll tell you what's interesting that goes along with this is the b of a card spend today, total per household down 1%, and a lot of that's happening at the high end where pay growth is not what it's been at the low end >> look, david, i clearly speak in hubris, but what i am saying is that you have to believe in the druck
. >> yes, and the selling mezcal >> i'm talking to amazon i'm talking to walmart i'm talking to target. i'm talking to kohl's, macy's, tjx, burlington. i don't know who am i not talking to? tell me who i'm not talking to i'll talk to them too. >> the guy who runs the bodega down the street. >> none of those is telling me that apparel is up i talked to ollie's. i don't know who else to talk to i try to put together a pastiche if not a mosaic of prices. >> give us...
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May 6, 2023
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i think the stock is bottoming, yes, i like amazon long. >> time for the final call back to you, carter, kick it off. >> sure, silver, gold will do it too. >> brian stutland. >> i think paypal's got some catching up to do the upside, buy the call spread vertical. >> all right, mike khouw. >> you know, sometimes in the money call spreads are a way to take advantage of the dynamic of call skew, i like that in gld and sld. >> don't forget, carter said to sell apple that was something i wasn't expecting tonight, but he said it that does it for us here on "options action. back next friday at 5:30 # p.m. eastern time don't go anywhere. "mad money" with jim cramer starts right now - [narrator] this is a paid advertisement for csn. (inspiring music) - you know, one of the great things about being here is knowing that, you know, we have, a lot of you join us every single week, and i thank each and every one of you, and for those of you that do join us every week, as you watch the show, you would assume that the number one best-selling thing that we have is, of course, american silver eagles. and
i think the stock is bottoming, yes, i like amazon long. >> time for the final call back to you, carter, kick it off. >> sure, silver, gold will do it too. >> brian stutland. >> i think paypal's got some catching up to do the upside, buy the call spread vertical. >> all right, mike khouw. >> you know, sometimes in the money call spreads are a way to take advantage of the dynamic of call skew, i like that in gld and sld. >> don't forget, carter said to...
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May 8, 2023
05/23
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the information reporting that amazon is working on a.i. tools to generate photos and videos that could help it push more ad formats to smaller sellers, disintermediating agencies like wpp group. bernstein writes today, how high on the a.i. roadkill list should the ad agencies be it's brutal but similar lists being compiled at other wall street firms meanwhile, jeffrey hinton, known as the godfather of a.i., is raising alarm bells again, saying it could be a bigger threat to humanity than even climate change we've heard before from lots of important people with a lot of knowledge in this space this rhetoric. >> a lot of knowledge in the space. we joke about how there's all these really big, exciting, you know, ideas about a.i. and it turns out it just helps people file more legal claims and do better advertising it just doesn't seem so sinister when it is performing, you know, those essential functions for society. >> unless you think that those functions are going to end up creating a lot of unemployment and -- >> yeah. >> -- rendering cer
the information reporting that amazon is working on a.i. tools to generate photos and videos that could help it push more ad formats to smaller sellers, disintermediating agencies like wpp group. bernstein writes today, how high on the a.i. roadkill list should the ad agencies be it's brutal but similar lists being compiled at other wall street firms meanwhile, jeffrey hinton, known as the godfather of a.i., is raising alarm bells again, saying it could be a bigger threat to humanity than even...
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May 15, 2023
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microsoft would be a partner and amazon would be a partner. so, these people, sara, they're all investing billions of dollars in advancing these large language models. as these large language models come available, be it bard or palm or google or chatgpt from openai, we're able to take advantage of these technology developments in our platform architecture so, all those billions of dollars are being spent, basically, advances the capabilities of our solutions. >> tom, got to ask you about this new record. we talked about a prior report but the new one in april,which caused your stock to lose a quarter of a value, accuses you of serious accounting and disclosure issues. haven't heard from you since that was released. can you just comment on what they're alleging >> well, let it be -- so, our committee issued a statement on that this morning, so our committee has conducted an independent investigation with independent outside counsel and auditors and concluded all of the assertions in that report are unmitigated bunk we understand because it's w
microsoft would be a partner and amazon would be a partner. so, these people, sara, they're all investing billions of dollars in advancing these large language models. as these large language models come available, be it bard or palm or google or chatgpt from openai, we're able to take advantage of these technology developments in our platform architecture so, all those billions of dollars are being spent, basically, advances the capabilities of our solutions. >> tom, got to ask you about...
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May 18, 2023
05/23
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bit, energy getting some green arrows we'll see if it continues to be all about nvidia, microsoft, amazon, apple, or if we can get things like a catalyst call on fedex working for some >> cyclical names are moving today higher that's important energy, banks, materials as you mentioned, industrials, because they've been weak. it's been all about the staples on this recessionary view. on one hand, the data is better and it means we push out the recessionary call. on the other, it means higher rates and the fed might have to do more. so far markets looking on the bright side of what it means on the economy. topping the tape is reversal versus rally in a wells fargo note this morning, the argument is the risk of a market reversal seems elevated as credit spreads widen and the balance sheet shranking. jpmorgan argues the pain trade is higher as debt resolution means traders return to macro fundamentals where earnings are holding up, consumers are strong and leverages are near all-time low. let's bring in mike santoli. it's a confusioning picture when it comes to making a market call right now
bit, energy getting some green arrows we'll see if it continues to be all about nvidia, microsoft, amazon, apple, or if we can get things like a catalyst call on fedex working for some >> cyclical names are moving today higher that's important energy, banks, materials as you mentioned, industrials, because they've been weak. it's been all about the staples on this recessionary view. on one hand, the data is better and it means we push out the recessionary call. on the other, it means...
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May 30, 2023
05/23
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, triple trough here. >> amazon made it. cmgi, not so much. >> i hear music, you've got to read nvidia ceo tells nyu grads to run, don't walk, but be prepared to stumble. >> we'll get cramer's "mad dash," countdown to the enoping bell in eight minutes. don't go anywhere. th and stabil. and deliver solutions that meet complex needs. massmutual. partnering with financial professionals, benefits brokers, and institutions. if you have this... and you get this... you could end up with this... unexpected out-of-pocket costs. so if you're on medicare, or soon to be, consider this. an aarp medicare supplement insurance plan from unitedhealthcare. medicare alone doesn't pay for everything. and what it doesn't pay for, like deductibles and copays, could add up to thousands of dollars. medicare supplement plans help by paying some of what medicare doesn't... and making your out-of-pocket costs a lot more predictable. call unitedhealthcare now and ask for your free decision guide. medicare supplement plans also let you see any doctor. a
, triple trough here. >> amazon made it. cmgi, not so much. >> i hear music, you've got to read nvidia ceo tells nyu grads to run, don't walk, but be prepared to stumble. >> we'll get cramer's "mad dash," countdown to the enoping bell in eight minutes. don't go anywhere. th and stabil. and deliver solutions that meet complex needs. massmutual. partnering with financial professionals, benefits brokers, and institutions. if you have this... and you get this... you...
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May 10, 2023
05/23
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they get a big -- >> oh, black friday for amazon. >> they can drive customers to amazon. >> i wasn't thinking about that. >> genius. >> how many people if they're watching tv are going to stop and buy christmas presents >> ireland has a 12.5% corporate tax rate it's considering starting a sovereign wealth fund with all that corporate tax money, putting a little away for a rainy day. >> quite clever. we'll see if it works. you wonder if other countries go, wait a minute, now you get a sovereign wealth fund. >> you can make the argument, 12.5% and their tax revenues are rising lower rates may sometimes bring more taxes >>> consumer spending could be softening. total card spending fell in april. b of a saying unemployment rising faster among higher income households. >> bingo >>> disney reports after the bell today >> can you believe this? 20 seconds left. >>> stocks still positive for the year >> we have 13 seconds left >> thanks for watching "power lunch. >> "closing bell" starts right now. >>> welcome to "closing bell." i'm scott wapner live from the new york stock exchange. this mak
they get a big -- >> oh, black friday for amazon. >> they can drive customers to amazon. >> i wasn't thinking about that. >> genius. >> how many people if they're watching tv are going to stop and buy christmas presents >> ireland has a 12.5% corporate tax rate it's considering starting a sovereign wealth fund with all that corporate tax money, putting a little away for a rainy day. >> quite clever. we'll see if it works. you wonder if other countries...
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May 17, 2023
05/23
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but carmax is discretionary, amazon definitely discretionary, and the numbers are just, i would say, a limb bit ttle bit difficult to read. the consumer is spending month to month they seem to change where they're spending. there's some weakness. we've heard that for months and months but maybe things are getting a little better. we're still in a 3.4% unemployment rate and service people are making more money there's a lot of demand. i think the trade on target is a reasonably good one right now. we don't happen to own it but do on other names, discretionary stocks, and i think it makes sense they start to move here because if we solve the debt ceiling and inflation is coming down on home depot, by the way, they talked about a 3% revenue decline, and i'm not defending it as being a great quarter, of course, it wasn't a great quarter, but the price of lumber plummeted. and that makes up about 300 basis points on the top line that explains some of that to address what steve was mentioning and if you look at what happened in 2020-2021, that was such a bonanza for all of these housing ty
but carmax is discretionary, amazon definitely discretionary, and the numbers are just, i would say, a limb bit ttle bit difficult to read. the consumer is spending month to month they seem to change where they're spending. there's some weakness. we've heard that for months and months but maybe things are getting a little better. we're still in a 3.4% unemployment rate and service people are making more money there's a lot of demand. i think the trade on target is a reasonably good one right...
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May 10, 2023
05/23
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. >> you mentioned the vans, you're building for amazon 100,000 ordered. and you already have delivered a number of them that's an exclusive relationship that you have with amazon. who is a backer of rivian. there was a question on the conference call yesterday, is that still an exclusive relationship with amazon >> a relationship that is still exclusive. but we are looking at how we can expand to customers beyond amazon and lots of active discussions there, working closely with amazon on the exclusivity and also with other potential customers to get them lined up >> it is possible. there may be down the road, not neither, but down the road, there may be other partners? >> absolutely. absolutely. >> you've been through a real roller coaster you look back at the last two years, you see how far your stock has fallen, and the sentiment changing amongst investors saying, i don't think these guys are going to make it, what is it like when you're in the midst of that? >> when you think about the products we're building, the demand is generated, the excitement fr
. >> you mentioned the vans, you're building for amazon 100,000 ordered. and you already have delivered a number of them that's an exclusive relationship that you have with amazon. who is a backer of rivian. there was a question on the conference call yesterday, is that still an exclusive relationship with amazon >> a relationship that is still exclusive. but we are looking at how we can expand to customers beyond amazon and lots of active discussions there, working closely with...