0
0.0
Jul 10, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
alongside kelly evans, i'm jon fortt. stocks are near session highs. s&p 500 and nasdaq once again touching all-time highs. both averages on pace for their seventh straight day of gains. >> walmart is slightly higher, while target is heading lower today. we'll talk to an annual about this. >>> and a long list of ai chip-related topics. let's start with the latest numbers from taiwan semis. >> up 33% year over year. , as a demand premains strong, so strong that brady wang expect it to raise prices on the advanced 3 nanometer topic, no doubt when they, and one of the biggest cusses, nvidia close to hitting another record high, out of software, into semis, and followed although price high. panelists there talking about their use of the nvidia h-1, their price target is 150. it also follows a report that venture capitalist andreessen horowitz is buying thousands of the chips, leasing them out to startups in exchange for equity. a look at nvidia as 134 and change, guys. >> seema, the semiconductor trade had been a bit choppy, but a strong start to the week.
alongside kelly evans, i'm jon fortt. stocks are near session highs. s&p 500 and nasdaq once again touching all-time highs. both averages on pace for their seventh straight day of gains. >> walmart is slightly higher, while target is heading lower today. we'll talk to an annual about this. >>> and a long list of ai chip-related topics. let's start with the latest numbers from taiwan semis. >> up 33% year over year. , as a demand premains strong, so strong that brady...
0
0.0
Jul 23, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
alongside kelly evans, i'm jon fortt. it's a swing band in parade. ton of names moving on results with even bigger ones on deck and we'll hit them all. >>> we're taking social queues. the event on even's mind. president biden choosing to not seek re-election and how did he mark this historic announcement. an oval announcement address? not yet. written statement in it was a post on x of a written statement. we'll discuss why this could forever transform the social media space later in the show. >>> first a check on the markets. despite all of the movers today, stocks are, you know, in the green. it's light green, though. little change. >> yeah. one drag could be the semis. broadly lower with nxp the worst performer down big after the earnings. >>> spotify beating estimates, surging 11%. general motors down 6.5%, saying restructure, struggling autonomous vehicle business. u.p.s. tumbling down 13 plus percent. lvmh missing down 4%. more on that name in just a bit. xion on the rise after the regional bank comeback. the whole etf is up. >> amazing. >>> he
alongside kelly evans, i'm jon fortt. it's a swing band in parade. ton of names moving on results with even bigger ones on deck and we'll hit them all. >>> we're taking social queues. the event on even's mind. president biden choosing to not seek re-election and how did he mark this historic announcement. an oval announcement address? not yet. written statement in it was a post on x of a written statement. we'll discuss why this could forever transform the social media space later in...
0
0.0
Jul 10, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
alongside kelly evans, i'm jon fortt. stocks are near session highs.in touching all-time highs. both averages on pace for their seventh straight day of gains. >> walmart i
alongside kelly evans, i'm jon fortt. stocks are near session highs.in touching all-time highs. both averages on pace for their seventh straight day of gains. >> walmart i
0
0.0
Jul 5, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i'm jon fortt. morgan brennan is off today.ar, but is the rally sustainable? we will talk to guggenheim's analyst about why he's sticking by his bear thesis on that stock. >>> plus
i'm jon fortt. morgan brennan is off today.ar, but is the rally sustainable? we will talk to guggenheim's analyst about why he's sticking by his bear thesis on that stock. >>> plus
0
0.0
Jul 1, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> coming up, aws' ceo making headlines in a first on cnbc interview with jon fortt, as he completesonth on the job. that's next. >>> bucks looking to win back customers. more "faston" ghafr is.[door te [door creaks shut] (♪♪) (♪♪) (♪♪) relax, you booked a vrbo. (♪♪) >>> welcome back to "fast money." amazon web services ceo matt garman coming up on the one month since he took over. cnbc's jon fortt sat down with him. >> for those customers, many of them that had their data in the cloud, they were able to move rapidly. customers that have their data organized, they've been able to move pretty fast. but the rest of those customers were maybe dragging their feet a little bit, they are saying, i have to get my data in a cloud. >> "the wall street journal" reporting that aws is in talks to get power directly from constellation energy nuclear plants to power its a.i. growth. ceg jumping 6% on its highs of the day. aws one of many companies looking to power their data centers. they want to be green. they want a reliable source. they want to make sure they have the power, because the grid --
. >>> coming up, aws' ceo making headlines in a first on cnbc interview with jon fortt, as he completesonth on the job. that's next. >>> bucks looking to win back customers. more "faston" ghafr is.[door te [door creaks shut] (♪♪) (♪♪) (♪♪) relax, you booked a vrbo. (♪♪) >>> welcome back to "fast money." amazon web services ceo matt garman coming up on the one month since he took over. cnbc's jon fortt sat down with him. >> for...
0
0.0
Jul 1, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
our jon fortt just spoke with the head of aws.ust a few minutes ago, i spoke with new aws ceo matt garman, first interview since taking the role a few months ago. we spoke about the growth trajectory for aws, and the significance of the intense interest in ai, and how he says aws' approach goes beyond the initial consumer-driven interest in chatgpt. >> rather than a consumer interest with bolt-on insurance and enterprise capabilities after the fact, how do we give companies a secure platform to build on. even with all of these new capabilities, security is still first and foremost and what they're worried about. how do we make sure that they can operate in an environment that we know that their enterprise data is safe? and then how do we give them a really rich set of services, so they can go build what they need to do. the scope of things that customers are building is really broad. it's not just one application, not just a chat bot you can put on your website and put on your customer. many customers, if they stop there, they won
our jon fortt just spoke with the head of aws.ust a few minutes ago, i spoke with new aws ceo matt garman, first interview since taking the role a few months ago. we spoke about the growth trajectory for aws, and the significance of the intense interest in ai, and how he says aws' approach goes beyond the initial consumer-driven interest in chatgpt. >> rather than a consumer interest with bolt-on insurance and enterprise capabilities after the fact, how do we give companies a secure...
0
0.0
Jul 16, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i'm jon fortt. morgan brennan is off today.s and jb hunt giving read on financial services and transports and we'll bring you those results as
i'm jon fortt. morgan brennan is off today.s and jb hunt giving read on financial services and transports and we'll bring you those results as
0
0.0
Jul 1, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i'm morgan brennan with jon fortt. >> we have a big interview coming your way, matt garmin joins us inthat's a role once held by current amazon ceo andy jassy, and part of the business crucial
i'm morgan brennan with jon fortt. >> we have a big interview coming your way, matt garmin joins us inthat's a role once held by current amazon ceo andy jassy, and part of the business crucial
0
0.0
Jul 24, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
looking for jon fortt. thank you, one and all were when we come back, "lltrt wa see journal," inflation and the elections. greg ip. "squawk box" back after a quick break. the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. >>> welcome back to "squawk box." i'm diana olick. mortgage interest rates eased slightly last week. not enough to get potential home buyers off the fence. average rate on the 30-year fix for
looking for jon fortt. thank you, one and all were when we come back, "lltrt wa see journal," inflation and the elections. greg ip. "squawk box" back after a quick break. the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing...
0
0.0
Jul 18, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
we'll set it to "overtime" with morgan brennan and jon fortt >> that is the end of regulation stocksboard today. the worst day since 2022 while small caps got hit the harders, they'll state late. >> that would kick off big-tech earnings
we'll set it to "overtime" with morgan brennan and jon fortt >> that is the end of regulation stocksboard today. the worst day since 2022 while small caps got hit the harders, they'll state late. >> that would kick off big-tech earnings
0
0.0
Jul 16, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt, back to you. >> thanks. >>> let's get to julia boorstin for a cnbc news update. >>> jon, momentsry trial, his fellow democrat chuck schumer demanded his resignation. the senate majority leader called on menendez to, quote, do what is right for his constituents, the senate and our country, end quote. menendez did not answer questions whether he would step down as he left court but he pledged to appeal the verdict. >>> authorities evacuated 300 homes this afternoon in the southern illinois city of nashville, warning of the imminent risk of a dam failure. a flash flood warning is in place this hour for the city. it comes after heavy rain fell across the st. louis region earlier this morning. >>> and six people including two vietnamese americans were found dead today in a luxury hotel in downtown bangkok. officers said they were found foaming at the mouth, the sign of a potential poisoning, according to the associated press. they had blocked several rooms at the hotel under seven names. they're still looking for the seventh person. jon, back over to you. >> wow, okay. thank you. >>>
jon fortt, back to you. >> thanks. >>> let's get to julia boorstin for a cnbc news update. >>> jon, momentsry trial, his fellow democrat chuck schumer demanded his resignation. the senate majority leader called on menendez to, quote, do what is right for his constituents, the senate and our country, end quote. menendez did not answer questions whether he would step down as he left court but he pledged to appeal the verdict. >>> authorities evacuated 300 homes...
0
0.0
Jul 23, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i'm morgan brennan with jon fortt. >> one of the most consequential days gets underway with reports from
i'm morgan brennan with jon fortt. >> one of the most consequential days gets underway with reports from
0
0.0
Jul 17, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt, back to you. >> rick santelli, thank you. >>> news coming out of washington today.et to emily wilkins for those details. emily. >> hey, jon. so we have another -- more democrats coming out today with concerns about president biden continuing his candidacy. adam schiff, a congressman from california, an ally of nancy pelosi, very big on the january 6th panel and perhaps most critically very likely to be the next statutory from california is out with a statement saying biden needs to pass the torch and he believes another candidate stands a better chance beating trump in november. he didn't say specifically who the party's nominee should be. these concerns are coming a day after a number of democrats were circulating a letter on capitol hill to get the dnc to delay a virtual roll call vote that would have locked down biden as the nominee. you have had chuck schumer and hakeem jeffries, the democratic leaders of the senate and house go to the dnc with concerns from members asking them to delay. in a letter today the dnc said they would hold the roll call vote but not u
jon fortt, back to you. >> rick santelli, thank you. >>> news coming out of washington today.et to emily wilkins for those details. emily. >> hey, jon. so we have another -- more democrats coming out today with concerns about president biden continuing his candidacy. adam schiff, a congressman from california, an ally of nancy pelosi, very big on the january 6th panel and perhaps most critically very likely to be the next statutory from california is out with a statement...
0
0.0
Jul 2, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
alongside kelly evans, i am jon fortt.the fed's fight against inflation. a lot of progress made but still more to do. what does that meep for stocks ahead of this month's fed meeting. >>> plus, walmart and other stores are increasingly using digital price tags. making it easier to change and some say raise prices. discuss the reaction from inflation weary consumers. >>> first a check on the markets near session highs. the dow up 44 points after being in the red much of the day so far. the s&p up 18 now to 54.93. the nasdaq up two thirds of a percent on top of yesterday's record close. the big mover today is
alongside kelly evans, i am jon fortt.the fed's fight against inflation. a lot of progress made but still more to do. what does that meep for stocks ahead of this month's fed meeting. >>> plus, walmart and other stores are increasingly using digital price tags. making it easier to change and some say raise prices. discuss the reaction from inflation weary consumers. >>> first a check on the markets near session highs. the dow up 44 points after being in the red much of the day...
0
0.0
Jul 26, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt is off today. on the show today getting you set for one of the most consequential week mps
jon fortt is off today. on the show today getting you set for one of the most consequential week mps
0
0.0
Jul 18, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
with kelly evans, i'm jon fortt. according to ferris bueller, the markets move fast. first, small caps, and now everything is selling. we'll look into whether retailers are selling and whether they could be left holding the bag. >>> backlash first, it was mcdonald's over prices and chipotle over portion sizes. now, amazon price day is a scam? we'll try to get to the bottom of that. >>> first, the markets are heading lower across the board today. the dow the worst performer, down the nasdaq down 0.88%. the russell is down, as well, but a split over it and the nasdaq the last year russell is up 4% nasdaq down 2%. >>> another example of how fast things can change in the markets, were years, nvidia has been a chip darling and intel has been, also intel has jumped now and nvidia sunk for more on the moves in chips, let's get to see ma modi. >> nvidia, analog devices, nxpi, higher significantly off the day. look at this chart for semiconductor. just turned negative despite a strong second quarter beat and outlook. the capex guide did not wow the street however, the ceo said
with kelly evans, i'm jon fortt. according to ferris bueller, the markets move fast. first, small caps, and now everything is selling. we'll look into whether retailers are selling and whether they could be left holding the bag. >>> backlash first, it was mcdonald's over prices and chipotle over portion sizes. now, amazon price day is a scam? we'll try to get to the bottom of that. >>> first, the markets are heading lower across the board today. the dow the worst performer,...
0
0.0
Jul 23, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
alongside kelly evans, i'm jon fortt. it's a swing band in parade.with even bigger ones on deck and we'll hit them all. >>> we're taking social queues. the event on even's mind. president biden choosing to not seek re-election and how did he mark this historic announcement. an oval announcement address? not ye
alongside kelly evans, i'm jon fortt. it's a swing band in parade.with even bigger ones on deck and we'll hit them all. >>> we're taking social queues. the event on even's mind. president biden choosing to not seek re-election and how did he mark this historic announcement. an oval announcement address? not ye
0
0.0
Jul 15, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
we'll send it to over time with jon fortt. >> that bell means the end of regulation.ng the bell at the new york stock exchange. masimo group doing the honors at nasdaq. the dow closing at a record. it was a small cap that outshined once again with the russell 2000 gaining 2% even as the other indices came off their highs. that's the score card on all sweet. welcome to "closing bell" over time. morgan brening is off today. todd lee is going to give us his latest market prediction as stocks sit near record highs and bitcoin takes another leg
we'll send it to over time with jon fortt. >> that bell means the end of regulation.ng the bell at the new york stock exchange. masimo group doing the honors at nasdaq. the dow closing at a record. it was a small cap that outshined once again with the russell 2000 gaining 2% even as the other indices came off their highs. that's the score card on all sweet. welcome to "closing bell" over time. morgan brening is off today. todd lee is going to give us his latest market prediction...
0
0.0
Jul 18, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
with kelly evans, i'm jon fortt. according to ferris bueller, the markets move fast.ng is selling. we'll look into whether retailers are selling and whether they could b
with kelly evans, i'm jon fortt. according to ferris bueller, the markets move fast.ng is selling. we'll look into whether retailers are selling and whether they could b
0
0.0
Jul 2, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
alongside kelly evans, i am jon fortt.ed chair jay powell laying out the case for the fed's fight against inflation. a lot of progress made but still more to do. what does that meep for stocks ahead of this month's fed meeting. >>> plus, walmart and other stores are increasingly using digital price tags. making it easier to change and some say raise prices. discuss the reaction from inflation weary consumers. >>> first a check on the markets near session highs. the dow up 44 points after being in the red much of the day so far. the s&p up 18 now to 54.93. the nasdaq up two thirds of a percent on top of yesterday's record close. the big mover today is tesla, up 8% again after yesterday's big move. 15% for the week now after reporting better than expected delivery numbers. let's start there with phil lebeau and more details. phil? >> kelly, those numbers coming in 8,000 more than the fed estimated. look at where tesla reported what it actually reported for q2, just under 444,000 vehicles delivered for the quarter. even thoug
alongside kelly evans, i am jon fortt.ed chair jay powell laying out the case for the fed's fight against inflation. a lot of progress made but still more to do. what does that meep for stocks ahead of this month's fed meeting. >>> plus, walmart and other stores are increasingly using digital price tags. making it easier to change and some say raise prices. discuss the reaction from inflation weary consumers. >>> first a check on the markets near session highs. the dow up 44...
0
0.0
Jul 22, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i'm jon fortt with morgan brennan. >> we've got a jam-packed week of overtime earnings.nd more. >>> plus, cloud and a.i.
i'm jon fortt with morgan brennan. >> we've got a jam-packed week of overtime earnings.nd more. >>> plus, cloud and a.i.
0
0.0
Jul 8, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i'm jon fortt with morgan brennan. >>> coming up, raj shah joins us to talk about boeing's guilty pleapanies in the space he's most excited about. >>> could the fed surprise markets and cut in july? we'll discuss with renaissance macro head
i'm jon fortt with morgan brennan. >>> coming up, raj shah joins us to talk about boeing's guilty pleapanies in the space he's most excited about. >>> could the fed surprise markets and cut in july? we'll discuss with renaissance macro head
0
0.0
Jul 18, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> so, julia, i know that you and jon fortt went over this terminology, but it is confusing to the averageson. this -- it seems like it's not a bad problem that netflix has >> it's not a bad problem that it has, but this is a company that's really trying to shift gears. for so many years, they said, no ad verve tizing. and yes, we want to do it carefully, in such a way that we're not going to alien nate our subscribers, and what we really want to do here is build up a massive ad-supported subscriber base. and that's why they're phasing out this -- this lower cost ad-free tier, because they want those people to shift over to the ad supported tier where they are generating two revenue streams and creating enough inventory for advertisers to really be able to narrowly target people. and that is the real advantage of streaming video advertising you're not just showing an ad to anyone who is watching a show, but really able to reach people based on their preferences what they need there is massive scale. this is a massive international company, and when it comes to the ad-supported subscribers,
>> so, julia, i know that you and jon fortt went over this terminology, but it is confusing to the averageson. this -- it seems like it's not a bad problem that netflix has >> it's not a bad problem that it has, but this is a company that's really trying to shift gears. for so many years, they said, no ad verve tizing. and yes, we want to do it carefully, in such a way that we're not going to alien nate our subscribers, and what we really want to do here is build up a massive...
0
0.0
Jul 25, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt will weigh in next. >>> programming note for you, tomorrow, we will bring you an interview bernard arnault, as the olympics get under way in paris. a lot to talk about. the luxury stocks in the cross hairs. "squawk box" will be right back. [window slamming] woman: [gasps] [dog barking] ♪ woman: [screams] ♪ [explosion] [explosion] ♪ [lock clicks shut] >>> if the democratic party nomination is like a job application, vice president kamala harris is going through a highly unusual interview process, considering the circumstances. is this a good way to find the best person for the role? well, we have the right person here to weigh in on that, jon fortt. >> becky, well, know, this is not a fair process. it is the equivalent of a company posting an open job, but the hiring managers already have an internal candidate handpicked. here is how we got to this place. president joe biden was 78 years old and sworn in as president in 2021, old but workworkable. today is a different story. he didn't face a serious democratic party challenger in this 2024 election cycle. meanwhile, handlers
jon fortt will weigh in next. >>> programming note for you, tomorrow, we will bring you an interview bernard arnault, as the olympics get under way in paris. a lot to talk about. the luxury stocks in the cross hairs. "squawk box" will be right back. [window slamming] woman: [gasps] [dog barking] ♪ woman: [screams] ♪ [explosion] [explosion] ♪ [lock clicks shut] >>> if the democratic party nomination is like a job application, vice president kamala harris is...
0
0.0
Jul 10, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt on intuit. be right back. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. ♪♪ go deeper with thinkorswim: our award-wining trading platforms ♪♪ unlock support from the schwab trade desk— our team of passionate traders who live and breathe trading. ♪♪ and sharpen your skills with an immersive online education crafted just for traders. ♪♪ all so you can trade brilliantly. ♪♪ while i am a paid actor, and this is not a real company, there is no way to fake how upwork can help your business. upwork is half the cost of our old recruiter and they have top-tier talent and everything from pr to project management because this is how we work now. nothing dims my light like a migraine. with nurtec odt, i found relief. the only migraine medication that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if all
jon fortt on intuit. be right back. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. ♪♪ go deeper with thinkorswim: our award-wining trading platforms ♪♪ unlock support from the schwab trade desk— our team of passionate traders who live and breathe trading. ♪♪ and sharpen your skills with an immersive online education crafted just for traders. ♪♪ all so you can trade brilliantly. ♪♪ while i am a paid actor, and this is...
0
0.0
Jul 11, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt joins us to discuss next. >>> later, this will be fun.back. whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? got him. good game. thanks for coming to our clinic, first one's free. 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 ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'll be there... ♪ ♪ with my arms wrapped around... ♪ >>> amazon just this week announced it reached a major goal. canceling out part of its climate impact funding as much renewable energy as it uses electricity in its operation
jon fortt joins us to discuss next. >>> later, this will be fun.back. whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? got him. good game. thanks for coming to our clinic, first one's free. your record label is taking off. but so is...
0
0.0
Jul 17, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
if you look at jon fortt, he's done great reporting on what intel is doing.ng up factories here, and that's not what nvidia's doing. but what is nvidia going to do? you can't make the stuff here right now. now, nvidia -- intel being up 3%, there's typical overreaction. you're going to get the quarter intel and say, why did i buy it up three? it was some foundry. that's what people are doing. that's a panic short, and i just say, look, go ahead and do it, but understand it's a trade. intel will not make the quarter. >> right. you see some headlines out of waller here, getting closer to the time when a rate cut is appropriate. more evidence that first half data was an aberration. cutting too soon would be a grave mistake. you did have williams this morning as well in the "journal" basically closing the door on july, it sounds like. >> i think july was just a goldman canard, and i enjoy goldman's research, but that was just something that i think that was ill advised, that piece. i think everyone expects if you read, bank after bank -- brian moynihan yesterday.
if you look at jon fortt, he's done great reporting on what intel is doing.ng up factories here, and that's not what nvidia's doing. but what is nvidia going to do? you can't make the stuff here right now. now, nvidia -- intel being up 3%, there's typical overreaction. you're going to get the quarter intel and say, why did i buy it up three? it was some foundry. that's what people are doing. that's a panic short, and i just say, look, go ahead and do it, but understand it's a trade. intel will...
0
0.0
Jul 2, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. ♪♪ >>> right now, we want to bring in our own jon fortt.now. >> i spoke yesterday with aws' matt garmin in his first interview since becoming ceo of amazon's cloud unit last month. he starts at another high-stakes moment for that business, which is arguably the main driver of amazon's $2 trillion market cap. a year ago, when garmin was still leading sales skmand marketing for aws, customers came to him and saying they needed to cut costs, and aws responded which hurt revenue growth in the short-term. now it's paying off. >> time and time again, customers came back and tell me, that just builds so much trust with me, that you would come in. like, i didn't think an i.t. vendor would ever come in and help me reduce my bill by 30%. and the sales team, they were going to miss their commission numbers and there was a bunch of things in there, but the long-term view is we were going to build up that trust with customers. it permeates as not just a disaster, it's how do we actually help them do what's important for them? and i think you've seen the
. ♪♪ >>> right now, we want to bring in our own jon fortt.now. >> i spoke yesterday with aws' matt garmin in his first interview since becoming ceo of amazon's cloud unit last month. he starts at another high-stakes moment for that business, which is arguably the main driver of amazon's $2 trillion market cap. a year ago, when garmin was still leading sales skmand marketing for aws, customers came to him and saying they needed to cut costs, and aws responded which hurt...
0
0.0
Jul 18, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the question of the morning and jon fortt is here to weigh in. what do you think? >> hey, andrew.milies relief from soaring shelter costs but this isn't the way to do it. in fact, probably make things worse. here's the situation. the president asked congress to pass legislation that would strip tax advantages from certain planned lords who raise rent more than 5% in the year. the rule wouldn't apply to all landlords just those who own more than 50 united nations. on the face sounds good. part of the inflation vice squeezing working-class families. government intervention in free markets tends to have bad consequences. red caps weaken a landlord's incentive to fix up properties and fail to account for factors like the higher costs of insurance and natural changes in desirability of neighborhoods. rents aren't high because landlords of greedy. high because covid stimulus pumped into the economy raise costs, and locked prospective first-time home buyers out of the market because sellers won't sell pushing prices up. rents more affordable, incentivize for affordable quality rentals. d
the question of the morning and jon fortt is here to weigh in. what do you think? >> hey, andrew.milies relief from soaring shelter costs but this isn't the way to do it. in fact, probably make things worse. here's the situation. the president asked congress to pass legislation that would strip tax advantages from certain planned lords who raise rent more than 5% in the year. the rule wouldn't apply to all landlords just those who own more than 50 united nations. on the face sounds good....
0
0.0
Jul 3, 2024
07/24
by
CNBC
tv
eye 0
favorite 0
quote 0
jon fortt is here to weigh in.tial jobless claims in the nextou hr. the futures ahead of the data are mixed. big moves in any of the averages. we'll be right back. and relentlessly work with you to make them real. >>> the american dream turns 248 years old tomorrow. counting from the signing of the declaration of independence. the high cost of living and the growing inequality in the economy it's fair to ask, is the american dream dying? people say it's already dead. i don't like this one. i hope you come down on it's still -- >> you can count on me, joe. >> to move that pin from right to left and for me not to know what you really think? >> yes. >> i'm listening closely. i hope you make a good case for one but it's a whimpy case for the other. >> the dream is dying, joe. it was articulated in 1931 but james adams in his book "the epic of america "he said not the dream of motor cars and high wages merely but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of w
jon fortt is here to weigh in.tial jobless claims in the nextou hr. the futures ahead of the data are mixed. big moves in any of the averages. we'll be right back. and relentlessly work with you to make them real. >>> the american dream turns 248 years old tomorrow. counting from the signing of the declaration of independence. the high cost of living and the growing inequality in the economy it's fair to ask, is the american dream dying? people say it's already dead. i don't like this...