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alex sherman, thank you. disappointed we don't see your piano in the background. >>> coming up on "worldwide exchange," apple looks to share the devices with openai. more "worldwide exchange" coming up after this. and they're all coming? those who are still with us, yes. grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. >>> it is 5:30 a.m. in new york city and 10:30 a.m. in london. there is still more ahead on "worldwide exchange. stock looking to keep momentum with the s&p snapping a multi-streak losing streak the earnings season is set to provide fresh fuel for investors. >>> the fed's latest policy decision the central bank continues to deal with inflation as trader hopes of the rate cut continues to be pushed down the line. >>> and elon musk in china making a surprise visit with growing competition from home grown brands it is monday, april 29th, 2024 you are watching "worldwide exchange" here on cnbc >>> welcome back i'm frank holland coming to you from cnbc lo
alex sherman, thank you. disappointed we don't see your piano in the background. >>> coming up on "worldwide exchange," apple looks to share the devices with openai. more "worldwide exchange" coming up after this. and they're all coming? those who are still with us, yes. grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. >>> it is 5:30 a.m. in new york city and 10:30 a.m. in london. there is still more ahead on...
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Apr 26, 2024
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joining us now is alex sherman -- so, we're not going n' go to alex sherman because we dot have him yet we're going to take a break. and if we have find him -- just like yesterday, kenny was missing. but we'll get to him, you watch. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire (traffic noises) (♪♪) the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. >>> as i promised you -- welcome back to "power lunch," we have alex sherman now to talk about paramount and the potential deal there. and bob bakish, the ceo there might be removed there as ceo. what can you tell us, alex >> so, i alluded to this in the story i wrote yesterday for cnbc.com paramount has a huge -- coming up with charter communications it's, sort of,
joining us now is alex sherman -- so, we're not going n' go to alex sherman because we dot have him yet we're going to take a break. and if we have find him -- just like yesterday, kenny was missing. but we'll get to him, you watch. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire (traffic noises) (♪♪) the road to...
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Apr 3, 2024
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because i think that is what is bothering shareholders at the core. >> alex sherman, let me turn to you. does bob iger and his team get to breathe a little now or is the pressure still on to perform? nelson peltz wasn't the only activist circling. >> yeah, what fun we all had, right? the disney board wins, and this was just a laugh for everybody. no, look, there's some real concerns with disney. the main argument that nelson peltz had to join the board is that disney has moved succession for years now. and disney has retooled its board a little bit. james corman is on now. they have a couple new board members. more than anything, they have an eyes wide open approach that they need to get succession right. in fact, that's why bob iger came back in many ways. not only to sort of get to disney's strategy and culture, but to make up for the fact that he picked bob as the ceo, that didn't work. and now they have to get back to work. so that should be where the focus is, and we heard it that disney is doing a robust succession process. they just reported on monday. there are several others vy
because i think that is what is bothering shareholders at the core. >> alex sherman, let me turn to you. does bob iger and his team get to breathe a little now or is the pressure still on to perform? nelson peltz wasn't the only activist circling. >> yeah, what fun we all had, right? the disney board wins, and this was just a laugh for everybody. no, look, there's some real concerns with disney. the main argument that nelson peltz had to join the board is that disney has moved...
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Apr 1, 2024
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wit we have alex sherman with us now. alex, good to see you. >> good to see you. >> let's start with the article. according to the story, you say there is a chance we could see the first female ceo in the 100-year history of disney? this woman is cut from the same cloth of bob iger? >> yeah. i say it in the story. she is like the anti-bob chapek. the last ceo who lasted two years. chapek spent 30 years at disney. he was a business guy at heart. he got his mba. he was in the weeds with pricing at the parks impacting attendance. he had few hollywood ties. the person he counted on for productions in the hollywood community was dana walden. she started working at fox 30 years ago. she really built the fox studio into something from nothing. she spent about 45 years at fox and came over to disney in 2019 when disney acquired the majority of fox's assets. she is not a disney lifer like bob chapek. >> she is one of four internal candidates eyed as a successor for iger. another is jimmy petaro who runs espn. he has a lot of the b
wit we have alex sherman with us now. alex, good to see you. >> good to see you. >> let's start with the article. according to the story, you say there is a chance we could see the first female ceo in the 100-year history of disney? this woman is cut from the same cloth of bob iger? >> yeah. i say it in the story. she is like the anti-bob chapek. the last ceo who lasted two years. chapek spent 30 years at disney. he was a business guy at heart. he got his mba. he was in the...
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Apr 4, 2024
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alex sherman, thank you. great reporting. by the way, folks, for more on what is next for disney, head to cnbc.com and read alex's piece out there morning. he has a great documentary piece of the future of espn. > our david faber sits down with bob iger to discuss the proxy fight at 9:00 a.m. today. a big interview on "squawk on the street." >>> coming up on the show, the new call on wynn resorts saying it may be time to roll the dice on the stock. get it? we're back in a minute. >>> welcome back. time for the "morning call sheet." raymond james is downgrading bumble. it does see near-term headwinds int from user habits. >>> and mizuho initiates wynn resorts as they see continued growth in vegas. shares are up .50%. >>> and goldman sachs is downgrading hertz. cost pressures have not been priced into the share. shares are down 3%. >>> time for the "global bri briefing." tsmc is saying the critical commitment equipment is in tact after the earthquake in taiwan. taiwan semi has prepared for a large earthquake for years drawing o
alex sherman, thank you. great reporting. by the way, folks, for more on what is next for disney, head to cnbc.com and read alex's piece out there morning. he has a great documentary piece of the future of espn. > our david faber sits down with bob iger to discuss the proxy fight at 9:00 a.m. today. a big interview on "squawk on the street." >>> coming up on the show, the new call on wynn resorts saying it may be time to roll the dice on the stock. get it? we're back in a...
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Apr 4, 2024
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let's ask alex sherman out with a new piece today, laying out what the company needs to do next. there's a note this morning highlighting a new risk now that this one isle behind us, saying that iger could stay longer than his 2026 contract. do you believe that's possible, and do you see that as a good or bad thing? >> i mean, all history indicates it's possible. he's pushed back his retirement five different times. so the idea that it isn't possible would be turning a blind eye to what's already happened here. >> he's not a spring chicken, though. >> no, he's not. look, i think the spotlight is on the fact that he keeps pushing back his retirement, and he came back in part to write the wrong of succession, in his mind, when he did leave and handed the company over. and that didn't work. and so you have to believe that bob iger really wants to get succession right this time. and that, i think, kind of strains crudility. but there are ways to stick around the company and naming a successor. he could stay as chairman of the board, which is what he did when he gave up the ceo role.
let's ask alex sherman out with a new piece today, laying out what the company needs to do next. there's a note this morning highlighting a new risk now that this one isle behind us, saying that iger could stay longer than his 2026 contract. do you believe that's possible, and do you see that as a good or bad thing? >> i mean, all history indicates it's possible. he's pushed back his retirement five different times. so the idea that it isn't possible would be turning a blind eye to what's...
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Apr 1, 2024
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cnbc.com's alex sherman is here to discuss what's at stake. that's sort of where we've progressed, right? we're hearing this could be a lot closer than people thought. >> i think originally, after disney's last quarter, it seemed like bob iger and the board were in the -- the shares popped. they sort of threw out a whole bunch of different things in terms of what the future of disney might look like, new announcements, and investors were pleased. what i think we've seen more recently, though, is that -- maybe hinging on the iss and even jones' recommendations just in the past week or two that recommended nelson peltz, in fact, be voted on to the board, is that the focus has turned to succession, and i think that's a much stronger argument for trian and an activist slate. it's hard to argue that disney has nailed succession. bob iger has pushed back his retirement five different times. he has actually walked away from the ceo job and handed it to bob chapek. that turned into a borderline disaster. and now, he's back as ceo, and there's no clear
cnbc.com's alex sherman is here to discuss what's at stake. that's sort of where we've progressed, right? we're hearing this could be a lot closer than people thought. >> i think originally, after disney's last quarter, it seemed like bob iger and the board were in the -- the shares popped. they sort of threw out a whole bunch of different things in terms of what the future of disney might look like, new announcements, and investors were pleased. what i think we've seen more recently,...
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Apr 29, 2024
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. >> thank you >>> coming up, sources he tell cnbc's alex sherman that para paramount's board may fire bob bakish as soon as this morning alex will join us after the break with the latest. . that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com my name is teresa barber. i was in the united states navy and i served overseas in the middle east and africa. early on in my career i had a commander that taught our suicide prevention training on a friday afternoon and the very next day, he took his own life. 90 percent of suicide attempts involving a gun are fatal. you don't know how much somebody can hide what's going on in their head. store your guns securely. help stop suicide. >>> sources telling cnbc that paramount's board is preparing to fire bob bakish as soon as this morning alex sherma
. >> thank you >>> coming up, sources he tell cnbc's alex sherman that para paramount's board may fire bob bakish as soon as this morning alex will join us after the break with the latest. . that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment...
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Apr 18, 2024
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>> thank you, alex sherman. we have to cut you off.>> they are playing our song. closing bell, right now.>>> welcome to closing bell. this break or break our begins with a count on for well known growth stocks, it is netflix, it is at the top of the hour, there's a lot riding on that, as tech has teetered lately. we will ask our experts what to expect, and what's at stake. in the meantime, we will look at the scorecard with 60 minutes to go in regulation. another bounce attempt for stocks today, but not much momentum behind that. the nasdaq is down more than 3%, facing for its sixth down week in the last seven. the backup in interest rates weighing on that space in the markets overall, that remains a big story. speaking of rates, we have a big interview coming up in just a bit. rick will be with me in london today, unwary yields are going, and where the fed might cut interest rates this year, if at all. that closely watched earnings report in overtime, let's bring in jason with odyssey capital advisers, alex with big technology, and joe, it's good to have everybod
>> thank you, alex sherman. we have to cut you off.>> they are playing our song. closing bell, right now.>>> welcome to closing bell. this break or break our begins with a count on for well known growth stocks, it is netflix, it is at the top of the hour, there's a lot riding on that, as tech has teetered lately. we will ask our experts what to expect, and what's at stake. in the meantime, we will look at the scorecard with 60 minutes to go in regulation. another bounce...
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Apr 25, 2024
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alex sherman on this since the beginning and what you learning? >> so there seems to be some momentum in terms of getting a deal done from sky dance media and global which is been a saga for about six months now and i am told the sides are moving closer to a deal and getting closer toward coming up with final valuations for sky dance around $5 million for new equity that would dilute current shareholders which is why you see the stock down after my report and investors that are common shareholders and not a huge fan because of the dilution but these will remain a publicly traded company with 45% to 50% of the company owned by sky dance and private equity back are so common shareholders can dissipate in the upside after there is a change in leadership and the ceo of this would be david ellison who runs sky dance media and the president i am told will be our former ceo so we are moving closer toward a deal and may be finalized and i am told of things go right there is a major hurdle which is that charter communication the second largest so has to co
alex sherman on this since the beginning and what you learning? >> so there seems to be some momentum in terms of getting a deal done from sky dance media and global which is been a saga for about six months now and i am told the sides are moving closer to a deal and getting closer toward coming up with final valuations for sky dance around $5 million for new equity that would dilute current shareholders which is why you see the stock down after my report and investors that are common...
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Apr 18, 2024
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>> thank you, alex sherman. we have to cut you off.>> they are playing our song. closing bell, right now.>>> welcome to closing bell. this break or break our begins with a count on for well known growth stocks, it is netflix, it is at the top of the hour, there's a lot riding on that, as tech has teetered lately. we will ask our experts what to expect, and what's at stake. in the meantime, we will look at the scorecard with 60
>> thank you, alex sherman. we have to cut you off.>> they are playing our song. closing bell, right now.>>> welcome to closing bell. this break or break our begins with a count on for well known growth stocks, it is netflix, it is at the top of the hour, there's a lot riding on that, as tech has teetered lately. we will ask our experts what to expect, and what's at stake. in the meantime, we will look at the scorecard with 60
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Apr 19, 2024
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sherman joins us now with what all this means and how the street is taking it, alex. >> look, i think, from a narrative standpoint, netflix's decision to stop reporting quarterly subscriber numbers in the first quarter of 2025 is the most interesting, because it really marks the end of an era it marks the end of the streaming wars as we know it shorthand, the first metric that investors and consumers alike would talk about in terms of comparing streaming services was how many subscribers do they have netflix has always been, by far, the dominant player in this world with 270 million-plus subscribers. the fact that they're not going to announce this anymore, at least from a quarter-to-quarter basis, is a suggestion that, a, maybe subscriber growth is going to start slowing in 2025, but b, they want the street to start valuing the company on other metrics like revenue and profit and free cash flow you know, these aren't maybe as handy as number of subscribers, but they are what other businesses are, in fact, judged by, and they do provide a more specific, accurate assessment of the busi
sherman joins us now with what all this means and how the street is taking it, alex. >> look, i think, from a narrative standpoint, netflix's decision to stop reporting quarterly subscriber numbers in the first quarter of 2025 is the most interesting, because it really marks the end of an era it marks the end of the streaming wars as we know it shorthand, the first metric that investors and consumers alike would talk about in terms of comparing streaming services was how many subscribers...