69
69
May 24, 2023
05/23
by
CNBC
tv
eye 69
favorite 0
quote 2
. >> 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...
0
0.0
May 18, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
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...
0
0.0
May 5, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
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...
0
0.0
May 10, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
. >> 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...
0
0.0
May 4, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
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...
56
56
May 30, 2023
05/23
by
CNBC
tv
eye 56
favorite 0
quote 0
, 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...
45
45
May 8, 2023
05/23
by
CNBC
tv
eye 45
favorite 0
quote 0
♪ ♪ >>> advertising the latest industry under threat from a.i., and amazon is building a.i. tools for merchants to generate photos in ad campaigns here's more. >> that story, there's a winner and loser as well. more and more we have been talking about the downside stock of the a.i. boom, and they are trying to price in companies that could be left behind. the market is now entering the prove you won't be disrupted stage when investors are focusing on companies given the a.i. halo affect there's a idea that big tech likely wins again, and that dynamic could play out between amazon's advertising unit and the smaller ad agencies that don't have that. disintermediating agencies, how high on the a.i. road kill list should the ad agencies be. that's a list that is being put together at bernstein and there are similar ones being compiled at other wall street firms the first public company to blame a.i., chatgpt, and now we are considering all of advertising and it's only monday, and in just a few days we have google io, the conference, and this year's stakes could not be higher wit
♪ ♪ >>> advertising the latest industry under threat from a.i., and amazon is building a.i. tools for merchants to generate photos in ad campaigns here's more. >> that story, there's a winner and loser as well. more and more we have been talking about the downside stock of the a.i. boom, and they are trying to price in companies that could be left behind. the market is now entering the prove you won't be disrupted stage when investors are focusing on companies given the a.i....
0
0.0
May 15, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
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...
0
0.0
May 18, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
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...
0
0.0
May 8, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
alphabet is a customer we know that amazon. the thing that's so interesting is that i went in and i said, listen, does it really cost $45,000? i was hoping they would say, for you, jim, it would be. >> good price. >> do you need an h-100? you want to put one in the house? >> i thought an h-100 would be terrific i have an apple thing that plays music. >> a little h-100, you're all set. >> i'm waiting for more generative a.i on the apple call, you didn't get a lot of generative a.i. >> it's all i hear about virtually every day is people just talking about the newest, the latest thing you can do with chatgpt, what it's going to mean and the next iteration of what that's going to bring. there's something called a prompt engineer. this is a new job. a prompt engineer. somebody who can effectively prompt chatgpt rapidly, accurately, to get results more quickly >> and do you think anything of what buffett's -- what charlie munger was talking about, what they prefer? >> human intelligence? humit is what they call it in the cia. i like
alphabet is a customer we know that amazon. the thing that's so interesting is that i went in and i said, listen, does it really cost $45,000? i was hoping they would say, for you, jim, it would be. >> good price. >> do you need an h-100? you want to put one in the house? >> i thought an h-100 would be terrific i have an apple thing that plays music. >> a little h-100, you're all set. >> i'm waiting for more generative a.i on the apple call, you didn't get a lot of...
0
0.0
May 31, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
actually -- it's a key part of this bernstein note on amazon today they go from $125 to $140. they talk about not just cloud accelerating but taking share from walmart, operating leverage coming into play now >> you know, jassy talked about the notion of not losing same-day or next-day and that's why you need all the people. i questioned that. i said, come on. how can you spend so much money? well, the answer might be that he is taking it to everybody, and the endless uniformly are saying, this is the one to buy i'm seeing it over and over again. the trough, the trough, the trough, i don't know but if you look at the rest of retail, it's really awful. >> keep an eye on that as we look to hold 4,200 this morning. there's the opening bell and the cnbc realtime exchange at the big board, it's women's golf day and golf equipment company akushuna at the nasdaq, it's orchestra biomed doing the honors. dow is down 130 or so. >> there was a big goldman piece of paper, 5 billion, cvs, and i'm talking about there are companies like cvs, which is, i think, a very good company and a very
actually -- it's a key part of this bernstein note on amazon today they go from $125 to $140. they talk about not just cloud accelerating but taking share from walmart, operating leverage coming into play now >> you know, jassy talked about the notion of not losing same-day or next-day and that's why you need all the people. i questioned that. i said, come on. how can you spend so much money? well, the answer might be that he is taking it to everybody, and the endless uniformly are...
47
47
May 30, 2023
05/23
by
CNBC
tv
eye 47
favorite 0
quote 0
you can make the case not so because you've seen a google, microsoft, amazon runup there could be other players and the software side of it, the last stage where chatgpt and bard sits there will be many more of those. a lot probably companies we don't even know of yet >> we know the ai market is doubling quarter on quarter so everybody is going to be able to say they're a part of that but they may meanwhile be exposed to traditional refresh which is going to get crowded out budgets aren't changing all that much >> it's a good point because there was a note last week that said you can't just slap an ai chatbot on to everything and say you're part of this revolution the spend to get there as well, you need to upgrade your systems and that's what the cloud companies are having to do costs will go up for the players that serve the large language model. costs increasing on one side >> nvidia surged last week thank you, deirdre wall street buzzing about a new deal for nba tv rights ahead a quick look at apple, shares up 36% this year. not in nvidia but outperforming e rk f se. ♪ ♪ every d
you can make the case not so because you've seen a google, microsoft, amazon runup there could be other players and the software side of it, the last stage where chatgpt and bard sits there will be many more of those. a lot probably companies we don't even know of yet >> we know the ai market is doubling quarter on quarter so everybody is going to be able to say they're a part of that but they may meanwhile be exposed to traditional refresh which is going to get crowded out budgets aren't...
54
54
May 5, 2023
05/23
by
CNBC
tv
eye 54
favorite 0
quote 0
, it doesn't change whether you and i consider buying products from amazon it's like their fans sitting in the stands, betting on the outcome of a game. when you start driving the stock prices down of regional banks, you incite fear in depositors and you get this bad spiral going. and i think it could lead to changing the outcome it's like you jump on the field instead of watching and making a bet. >> oakmark looks like it initiated a new position in charles schwab we know for better or worse, right or wrong, it's a lightning rod between the bulls and the bears. i just want to get your thoughts. >> at charles schwab they have decided to ladder their portfolio so they have stretched out maturities on the money they're investing. we think the real attraction at schwab is how low their cost structure is relative to any of the other wealth managers. they're significantly cheaper and because of that, have been consistently growing market share. we expected the deposits in the bank would move to money market funds or treasury securities as interest rates went up so, we think schwab is in grea
, it doesn't change whether you and i consider buying products from amazon it's like their fans sitting in the stands, betting on the outcome of a game. when you start driving the stock prices down of regional banks, you incite fear in depositors and you get this bad spiral going. and i think it could lead to changing the outcome it's like you jump on the field instead of watching and making a bet. >> oakmark looks like it initiated a new position in charles schwab we know for better or...
40
40
May 9, 2023
05/23
by
CNBC
tv
eye 40
favorite 0
quote 0
mind is contagion risk if you were to say circuit city 15 years ago, when that went away, best buy, amazon didn't topple because of similar fears. when a bank goes down, it tends to lead to fears of further failures to that end we can't have a situation where we allow these self-fulfilling prophecies to occur. the stock goes down, that makes depositors more jittery and then you have an actual problem and survivability problem. if a short-term ban is necessary to allow the industry collectively to catch its breath, i hope it doesn't come to that as free market policies have been successleful over a long period of time, but we need some sort of a time to kind of air out some of these issues and let them unfold. >> yeah. who knows, maybe there will be some time to have the fdic come out and, you know, clarify some things, some actual official policy moves to raise the deposit limit or something like that yeah, every time one goes down, into receivership, there's always the bank that's the next worst, i guess that's the problem with the stock market. >> that's right. we just need cooler heads.
mind is contagion risk if you were to say circuit city 15 years ago, when that went away, best buy, amazon didn't topple because of similar fears. when a bank goes down, it tends to lead to fears of further failures to that end we can't have a situation where we allow these self-fulfilling prophecies to occur. the stock goes down, that makes depositors more jittery and then you have an actual problem and survivability problem. if a short-term ban is necessary to allow the industry collectively...
101
101
May 25, 2023
05/23
by
CNBC
tv
eye 101
favorite 0
quote 0
rushmore >> with four >> with four jensens i was thinking nvidia, amazon, but no, it's just four jensens one with the sunglasses, one on the motorcycle he's so unchanged. not that i'm an aficionado to know him well enough, but he was saying to me, we've got it and we're ready, and if they want it, and it looks like they do want it, and i'm thinking, does he just realize that every single -- the most powerful nation state technologies in the world have their world upside down and at every datacenter where there's a trillion dollars worth of product, that is no longer good. no longer good, because of what this man's come up with. just rip it out. gut renovation like when you do a house. >> it is an incredible story it's just one piece of the markets today. the dow is hoping to avoid its fifth straight day of losses now as fitch puts the u.s. aaa rating on negative watch they do cite the debt ceiling fight. morningstar says, even if they do get a deal by the x-date, if we sense there are going to be repeated standoffs like this, this credit watch could be more durable. >> that is what s&p s
rushmore >> with four >> with four jensens i was thinking nvidia, amazon, but no, it's just four jensens one with the sunglasses, one on the motorcycle he's so unchanged. not that i'm an aficionado to know him well enough, but he was saying to me, we've got it and we're ready, and if they want it, and it looks like they do want it, and i'm thinking, does he just realize that every single -- the most powerful nation state technologies in the world have their world upside down and at...
32
32
May 25, 2023
05/23
by
CNBC
tv
eye 32
favorite 0
quote 0
own more of the process and potentially cut costs by cutting out the middle man, aka, nvidia apple, amazon, meta, google, microsoft, they're all working on this and doing so with arm. for that reason it's known as the switzerland of the chip industry may be helpful to zoom out look at the potential generative ai cycle as a whole. morgan stanley looked at mobile internet as a case study in this chart, semis were the first to benefit and recognized in the market. infrastructure was next, think apple and samsung, the companies making smartphones, and then you have the software and services, the gateways like search so far we are extremely early in the generative ai cycle. chips are still the picks and shovels. markets are already betting on the next big tech to come. it's going to be the winners of the last cycle guys, there could be others. even take a snowflake. it's plunging on disappointing guidance but they are making moves to capture the infrastructure part of the cycle. as we saw in that chart, the recognition of those companies has come later in other cycles, other technological platf
own more of the process and potentially cut costs by cutting out the middle man, aka, nvidia apple, amazon, meta, google, microsoft, they're all working on this and doing so with arm. for that reason it's known as the switzerland of the chip industry may be helpful to zoom out look at the potential generative ai cycle as a whole. morgan stanley looked at mobile internet as a case study in this chart, semis were the first to benefit and recognized in the market. infrastructure was next, think...
0
0.0
May 12, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
, another -- this is not a great time, okay, and the fact that there's only -- that only microsoft, amazon, alphabet, netflix and meta are moving up is disturbing people. >> talking about the stock stuff. >> yesterday the nasdaq was up when i looked at the nasdaq 100 there were five up like and 95 down we are not in a situation where it's just business as usual, and everyone in these meetings, when they come out and meet the president or whatever, the level of an tipthy, acrimony is like nothing i've ever heard before. >> it's reflective of our hyperpartisan times. >> but if you -- let's say you do laurence tribe for most constitutional law scholar. >> section 4 of the 14th amendment. >> you just say, look, i have to pay, then you go to the supreme court. okay, so what are these days like you've got to put your -- >> that's a good point. >> should i go buy. >> by the way, even if they do invoke the 14th amendment and pay the markets apparently are not going to just say, oh, okay. if markets are still going to react. >> right, well, okay, what's happening today? should we buy? is this the d
, another -- this is not a great time, okay, and the fact that there's only -- that only microsoft, amazon, alphabet, netflix and meta are moving up is disturbing people. >> talking about the stock stuff. >> yesterday the nasdaq was up when i looked at the nasdaq 100 there were five up like and 95 down we are not in a situation where it's just business as usual, and everyone in these meetings, when they come out and meet the president or whatever, the level of an tipthy, acrimony is...
0
0.0
May 15, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
people are spending on amazon and walmart. they're spending on costco spending in different places they're not spending at best buy. sonos. that decline was really -- >> sonos had a rough time with guidance there, yeah >> but grocery is walmart. remember, grocery is walmart and costco, up 9% year over year >> and it's the advantage you would say they have over target? >> yes >> when we come back, we'll look at some of the deals of the day, totaling about $37 billion >>> and also ahead, as jim said, adobe, we'll talk a.i. with shantanu narayen later on this hour we'll talk upgrades we got today of schwab and meta and others. dollar is coming off a one-month high mea more "squawk on the street" in a minute helping businesses both large and small, communities and the people who live and work there grow and thrive. we're proud to call these places home too. they're where we put down roots, and where together, we work to help move everyone's financial goals forward. pnc bank. go. go air that runs factory. go sensors and software. g
people are spending on amazon and walmart. they're spending on costco spending in different places they're not spending at best buy. sonos. that decline was really -- >> sonos had a rough time with guidance there, yeah >> but grocery is walmart. remember, grocery is walmart and costco, up 9% year over year >> and it's the advantage you would say they have over target? >> yes >> when we come back, we'll look at some of the deals of the day, totaling about $37...
0
0.0
May 17, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
house brands, and you'll say, i want to click on that home depot does not sell its house brands on amazon >> it's not just store it's all sorts of other fraud, and it's organized crime >> it's organized. and a lot of it is also this is one of the things that brian would not go there, and i don't blame him, but carl, it's at the distribution center. >> really? >> yeah. >> oh, wow >> there's -- for some, there's been organized crime within the distribution centers i'm not saying home depot, i don't single them out, but the big dcs have been -- home depot has been doing a very good job tjx has been doing an excellent job, but they've put a huge number of people in their stores under cover and that has helped them they had a very bad pilferage. their shrinkage number was reported last time they have cut their shrinkage dramatically by undercover agents, but others have to worry about the organized crime aspect of the distribution center, and how easy it is to pay someone to get that on the web. >> i had not heard that. so, coming off of hd yesterday, and the biggest revenue miss in 20 years,
house brands, and you'll say, i want to click on that home depot does not sell its house brands on amazon >> it's not just store it's all sorts of other fraud, and it's organized crime >> it's organized. and a lot of it is also this is one of the things that brian would not go there, and i don't blame him, but carl, it's at the distribution center. >> really? >> yeah. >> oh, wow >> there's -- for some, there's been organized crime within the distribution...
0
0.0
May 11, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
but you've got these contracts, and i keep thinking, if you were amazon, you're listening to this, and you're going to say, listen, one day, we're going to own all of these andy jassy will say, look, i go in and buy the champions league from paramount because paramount needs the money so badly the moment that youtube and amazon decide that they want to be cbs and fox -- >> they've already taken sports off some of these linear networks and the broadcast networks >> i'm just saying, the longer contracts, when they run out, it's too expensive for these companies. >> that's partially helping to continue to break the bundle apart and cord-cutting, because it used to be sports, you could just get it one place. now you can actually start to get it a little bit. >> didn't you think the story of disney was the story of por mo paramount, which is the balance sheet? >> paramount is five times levered. that's not a great place to be >> if i were disney, i would be thinking, how about guy to brian roberts and say, you know what, this hulu, i don't think it's going to save me but they made a case th
but you've got these contracts, and i keep thinking, if you were amazon, you're listening to this, and you're going to say, listen, one day, we're going to own all of these andy jassy will say, look, i go in and buy the champions league from paramount because paramount needs the money so badly the moment that youtube and amazon decide that they want to be cbs and fox -- >> they've already taken sports off some of these linear networks and the broadcast networks >> i'm just saying,...
41
41
May 11, 2023
05/23
by
CNBC
tv
eye 41
favorite 0
quote 0
has just gone positive led by some pretty good performing names like jd, alphabet, micron's up there, amazon, too maybe a comment if rates do give us some relief here, does tech become the trade. >> paypal has been acting as well after selloff postearnings. big tech has been acting defensive. it might be part the ai story and maybe just the environment we're in where the cyclical groups tied to economy, energy, material, financials and industrials are selling off. >> alphabet's year-to-date gains surpassed microsoft. be gkrispy kreme has surged, and upatuidance driving the move the ceo joins us next. go. go brain. no, not that one. go this one. go optimizing data. go efficiency. go results. emerson's plantweb digital ecosystem is the brain for smarter, safer and more sustainable performance. go plant go. go boldly. emerson. (cecily) you're looking pleased with yourself. (seth) not to brag, safer and more sustainable performance. but i just switched to verizon. (cecily) so you got an awesome network... (seth) and when i switched, i got to choose the phone i wanted. for free. not bragging. (ce
has just gone positive led by some pretty good performing names like jd, alphabet, micron's up there, amazon, too maybe a comment if rates do give us some relief here, does tech become the trade. >> paypal has been acting as well after selloff postearnings. big tech has been acting defensive. it might be part the ai story and maybe just the environment we're in where the cyclical groups tied to economy, energy, material, financials and industrials are selling off. >> alphabet's...
46
46
May 23, 2023
05/23
by
CNBC
tv
eye 46
favorite 0
quote 0
we're getting strength in names like tesla and amazon, meta as well, that helps the whole market just waiting to see the reaction with the rate move as jamie dimon of jpmorgan says, get used to 6% rates as fed leans towards a pause but doesn't. doesn't take june off the table. considers it a live meeting and doesn't -- and has introduced this new idea in the market that maybe they'll take a pause and go against because inflation is still too high it's very different than what the market's been expecting. >> it's been remarkable. as sara says, yields have been elevated all morning long. services, pmi beat atlanta fed still at 2.9 imf says uk is not going into recession this year. resiliency is the theme, whether here or in europe. >> manufacturing comes in a little lighter the data has painted a confusing picture because we have these covid hangover impacts you see the lowe's report this morning after home depot, no surprise weakness in do-it-yourself home projects is accelerating dick's quarter noted softness from consumer. bj's wholesale, while better noted consumers are trading down
we're getting strength in names like tesla and amazon, meta as well, that helps the whole market just waiting to see the reaction with the rate move as jamie dimon of jpmorgan says, get used to 6% rates as fed leans towards a pause but doesn't. doesn't take june off the table. considers it a live meeting and doesn't -- and has introduced this new idea in the market that maybe they'll take a pause and go against because inflation is still too high it's very different than what the market's been...
32
32
May 22, 2023
05/23
by
CNBC
tv
eye 32
favorite 0
quote 0
thought people wanted at one period of time then people shifted their demands from goods to services amazon, ebay, wayfair buying the same thing so they got, quote, unquote, stuck with inventory. you'll see more demand for inventory as things right size one big tailwind is e-commerce requires 2.5 to 3 times more inventory than general in-store retail stores. we buy things online, try them on, send them back it requires more inventory for trucking that's a bigger tailwind and the macro factor of near shoring. that will be a big boost for the rails especially. >> frank, thanks frank holland. >>> micron is falling by more than 3% this morning we'll take a look at what is driving that move right after this break. >>> wall street turning more bearish on the china recovery. new data shows the world's second largest economy could be losing steam we're ba itwckn o. >>> american airlines and jetblue shares under pressure today after a district court said they need to end their partnership in the northeast the judge ruling the agreement is hurting consumers because of decreased competition. the airli
thought people wanted at one period of time then people shifted their demands from goods to services amazon, ebay, wayfair buying the same thing so they got, quote, unquote, stuck with inventory. you'll see more demand for inventory as things right size one big tailwind is e-commerce requires 2.5 to 3 times more inventory than general in-store retail stores. we buy things online, try them on, send them back it requires more inventory for trucking that's a bigger tailwind and the macro factor of...
0
0.0
May 2, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
thursday after the bell beats on the top and bottom lines last week from microsoft, alphabet, meta, amazon and this environment that's never been this bullish on ai, which is an area our next guest is excited about but not on the names you might expect joining us at post 9 today, brook dane from goldman sachs. at knee-jerk is nvidia. >> ai, there aren't a ton of market vehicles that you can point to and say, that's the pinpoint thing the market has gravitated across a couple of big winners. we think first as we move through the year, there will be a lot more companies you you'll see have ai power their business and create higher growth and higher margins secondly there's one name in more of the picks and shovel side the market is missing and missing as a leverage to ai. the company is marvell their core business is doing connectivity in data centers and one of the key bottlenecks besides using gpus is this connectivity we think as the big platforms continue to spend on ai, they'll continue to invest behind marvell's business solutions what is more exciting is the asix side. they're going t
thursday after the bell beats on the top and bottom lines last week from microsoft, alphabet, meta, amazon and this environment that's never been this bullish on ai, which is an area our next guest is excited about but not on the names you might expect joining us at post 9 today, brook dane from goldman sachs. at knee-jerk is nvidia. >> ai, there aren't a ton of market vehicles that you can point to and say, that's the pinpoint thing the market has gravitated across a couple of big...
44
44
May 17, 2023
05/23
by
CNBC
tv
eye 44
favorite 0
quote 0
this big tech rally the s&p's 7% gain has been driven by eight stocks, apple, microsoft, nvidia, meta, amazon, google, tesla and amd. they are not strictly ai companies but are definitely in the conversation >> no, the ai saves the market has been one of the themes here. deirdre, you got me thinking about who owns these companies, who runs these companies, and just whether there should be more scrutiny on that or if it's the data inputs because at some point something will go wrong with ai. we've been hearing all the warnings, and then what? who do we blame? who do we turn to? >> you're touching on open source versus close source and there is this thinking if government entities have sensety information that is held by companies are going to be run through the generative models, it better be an open source system because they have to protect it if you have a close source system from a microsoft or google, they could have access to that information. this is going to be negotiated, open ai, despite its name, is close source and said they would look at being open source but there are younger com
this big tech rally the s&p's 7% gain has been driven by eight stocks, apple, microsoft, nvidia, meta, amazon, google, tesla and amd. they are not strictly ai companies but are definitely in the conversation >> no, the ai saves the market has been one of the themes here. deirdre, you got me thinking about who owns these companies, who runs these companies, and just whether there should be more scrutiny on that or if it's the data inputs because at some point something will go wrong...
0
0.0
May 16, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
look at the nasdaq, higher the s&p 500, down a quarter of 1% thank you amazon, microsoft, alphabet, amd, nvidia and apple, suspects keeping the three sectors up information technology, communication services, and consumer discretionary to bob pisani with more on what's moving and what you're focused on this morning. >> three to one, declining to advancing stocks and the s&p down 9 points and it's tech holding things up. look at the sectors. sara has it. microsofts a new high, nvidia a new high, moving the market. look at the cyclicals, metals and mining, industrials still continuing to sink there's retail down. no surprise there. look at the big retailers, the surprise is why aren't they down more i think the story the consumer is softening is pretty baked into a lot of stocks at this point, a lot of retailers. i was listening to the conference call with the cfo he emphasized over and over that consumer was basically pretty healthy and said there's a shift of goods -- out of goods into services the big ticket items are slower due to higher spending dur the pandemic and inflation, we all
look at the nasdaq, higher the s&p 500, down a quarter of 1% thank you amazon, microsoft, alphabet, amd, nvidia and apple, suspects keeping the three sectors up information technology, communication services, and consumer discretionary to bob pisani with more on what's moving and what you're focused on this morning. >> three to one, declining to advancing stocks and the s&p down 9 points and it's tech holding things up. look at the sectors. sara has it. microsofts a new high,...
0
0.0
May 26, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
microsoft, amazon, google, the hyper scalers need to now upgrade servers and infrastructure on the back so that their customers can run their own generative ai models new opportunities for them but also increasing their capital expenditures, capex at a moment they're trying to be more profitable and disciplined and take part of the whole shift, also then the ai enablers, the snowflakes, the data bricks that specialize in data analytics they should be the new infrastructure allowing companies to make use of their data the ceo told me this week the models are only as good as the data so perhaps emergency for them to show they are a real part of the story as we saw with snowflake's decline this week. investors still more interested in the short term. back to this chart i showed you yesterday. i'm going to show it many more times in the days and weeks ahead, these companies, the infrastructure plays, they may be recognized later on in the cycle. it took markets time in the shift. first it was the picks and shovels, the chip makesers and the infrastructure came later and the software and pla
microsoft, amazon, google, the hyper scalers need to now upgrade servers and infrastructure on the back so that their customers can run their own generative ai models new opportunities for them but also increasing their capital expenditures, capex at a moment they're trying to be more profitable and disciplined and take part of the whole shift, also then the ai enablers, the snowflakes, the data bricks that specialize in data analytics they should be the new infrastructure allowing companies to...
42
42
May 12, 2023
05/23
by
CNBC
tv
eye 42
favorite 0
quote 0
their sports once you take live sports out of that, and we are already starting to see players such as amazon, such as youtube pick off individual sports rights once you see espn going direct to consumer, that could have a massive impact on those overall tv subscriber numbers and really drive that court cutting even further. that's a key factor to watch iger will be strategic he won't do it until it makes sense in terms of a revenue and profitability standpoint. >> by the way, no comment from nelson peltz on the quarter of disney, but i do wonder, he dropped the proxy fight after bob iger came out with his vision to make all these changes, cut costs, reorganize the structure, how much time iger has to make good on that and to show some results after a thumbs down kind of quarter. >>> after the break, u.s. treasury secretary janet yellen heading to g7 with a looming debt crisis. reiterating that default should be unthinkable she's in japan now with that message. the cbo this hour warning of distress in credit markets, and rapid increases in borrowing rates for the treasury if an extension is n
their sports once you take live sports out of that, and we are already starting to see players such as amazon, such as youtube pick off individual sports rights once you see espn going direct to consumer, that could have a massive impact on those overall tv subscriber numbers and really drive that court cutting even further. that's a key factor to watch iger will be strategic he won't do it until it makes sense in terms of a revenue and profitability standpoint. >> by the way, no comment...
51
51
May 23, 2023
05/23
by
CNBC
tv
eye 51
favorite 0
quote 0
at that point it was facebook, amazon, google we're beginning to see the banks. i regard the companies as banks. i think we should almost see them nation stets. when you look at balance sheets and look at their earnings, you can just say i like their paper more than i like, yes, treasuries we're not concerned about the coupon paying off at microsoft for heaven's sake. i do think this is going to continue these companies have an edge the alternative is to go by clorox or pepsico. you can't buy banks. industrials could be on the hot seat if the fed keeps going. what jamie dimon says, let's say it goes to seven you would think the valuations of the stocks on the screen would be hurt. but no, they seem almost immune to rates which is an extraordinary thing, but it's what happened in 2011. >> should apple borrow at a rate above that of the u.s. government or perhaps below it >> i think below it. >> who is a better credit? >> you think eddie q argues with tim cook about whether to pay? >> no, i don't think there's an argument about whether to pay. i'd say they're prett
at that point it was facebook, amazon, google we're beginning to see the banks. i regard the companies as banks. i think we should almost see them nation stets. when you look at balance sheets and look at their earnings, you can just say i like their paper more than i like, yes, treasuries we're not concerned about the coupon paying off at microsoft for heaven's sake. i do think this is going to continue these companies have an edge the alternative is to go by clorox or pepsico. you can't buy...
92
92
May 19, 2023
05/23
by
CNBC
tv
eye 92
favorite 0
quote 0
facebook ranks as the most problematic by retailers, ebay, offer up and amazon. now congress is trying to curtail the issue. the inform act requires on-line marketplaces to collect, verify and disseminate high marketplace seller information that starts at the end of june back over to you. >> appreciate that nice setup as we get into more discussion in retail with michael laser from ubs it's great to have you every retail snapshot is economy ca complicated and this has weather, tax refunds, the consumer mindset is foot locker a decent lens or not? >> i think the lens is that discretion nare narrowry retail is already in -- discretionary retail is already in a recession. we see that consistently in the reports that materialized this week, and it's likely to get worse before it gets better. in addition to all of those factors that you mentioned, there's going to be looming headwinds in the months ahead. in august or september, those who have student debt are likely going to have to start to repay those loans. that alone can hit 7 to $8 billion hit to consumer spendi
facebook ranks as the most problematic by retailers, ebay, offer up and amazon. now congress is trying to curtail the issue. the inform act requires on-line marketplaces to collect, verify and disseminate high marketplace seller information that starts at the end of june back over to you. >> appreciate that nice setup as we get into more discussion in retail with michael laser from ubs it's great to have you every retail snapshot is economy ca complicated and this has weather, tax...
0
0.0
May 26, 2023
05/23
by
CNBC
tv
eye 0
favorite 0
quote 0
it's seen as a net loser on this i think it was bernstein's note this morning off the desk saying that amazon was down yesterday, in part because it's seen as a non-winner in this a.i. investment cycle also snowflake's numbers dragging the expectations down >> it's interesting. there was some conversation yesterday that the rush to a.i. spend is so large, it will crowd out traditional networking spending, dram people had questions, how does micron fare in that environment? we might be talking about a fresh year high in micron soon >> it's true i guess nobody quite knows how fast the pie is getting bigger and what it's drawing from but again, i find it remarkable that with all the people covering nvidia, trying to get an edge on the stock, you can have a revenue guide at that degree >> 50% above consensus >> and it just got past everybody. it didn't get past the market, arguably, because the stock wouldn't quit on the way in, but in terms of people publishing estimates and models, it wasn't there. >> well, and marvell too so, the surprise was they said they're already making money off a.i. the
it's seen as a net loser on this i think it was bernstein's note this morning off the desk saying that amazon was down yesterday, in part because it's seen as a non-winner in this a.i. investment cycle also snowflake's numbers dragging the expectations down >> it's interesting. there was some conversation yesterday that the rush to a.i. spend is so large, it will crowd out traditional networking spending, dram people had questions, how does micron fare in that environment? we might be...