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May 15, 2024
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also ahead of this is julia boorstin. this is a great conversation. i'm going to have you kick things off. >> thanks so much. tony, thanks for being here. i know you've been traveling a lot. great to have you here request us today. phononic was on the list back when you were focused on hardware. then you were off the list when you totally overhauled your business model. now you're licensed for a lot of uses, refridge racing, groceries, lidar, hvac. tell us what you learned from the first years and the struggle and a little bit of failure that you've a plied to your business? >> we're innovating semiconductors. following our cousins in l.e.d., data, and lighting, the dilemma early on we were hardware focused. the blessing and curse for phononic is once we pioneers and innovated device-level performance, $60 billion worth of aggregates opened up. the dilg le mans was the disbelief in the technology made us the oem manufacturer in every single market vertical. that's the tough place to be. we had to lock in 18 to 24 mochbltss ago on some critical design
also ahead of this is julia boorstin. this is a great conversation. i'm going to have you kick things off. >> thanks so much. tony, thanks for being here. i know you've been traveling a lot. great to have you here request us today. phononic was on the list back when you were focused on hardware. then you were off the list when you totally overhauled your business model. now you're licensed for a lot of uses, refridge racing, groceries, lidar, hvac. tell us what you learned from the first...
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May 30, 2024
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it's our julia boorstin. a rundown on what to expect from costco and dell's earnings in overtime and that when we take you inside the market zone next. encore energy, america's clean energy company, now in production in south texas. energizing america with reliable and affordable uranium for nuclear energy fuel from our environmentally friendly extraction process. encore energy. so this is pickleball? it's basically tennis for babies, but for adults. it should be called wiffle tennis. pickle! yeah, aw! 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. >>> we're in the closing bell market zone. cnbc's mike santoli here to break down the crucial moment of the trading day and we are watching e
it's our julia boorstin. a rundown on what to expect from costco and dell's earnings in overtime and that when we take you inside the market zone next. encore energy, america's clean energy company, now in production in south texas. energizing america with reliable and affordable uranium for nuclear energy fuel from our environmentally friendly extraction process. encore energy. so this is pickleball? it's basically tennis for babies, but for adults. it should be called wiffle tennis. pickle!...
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May 7, 2024
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julia boorstin on disney and just quickly, it's netflix's world, i guess, still, even according to bob iger. >> no question again, the netflix -- and put up a netflix chart. look at the little stealth rally netflix had since that cascade down to 540 or so. it's come back almost the entire move which is a pretty good thing and listen, i'm going to be watching the ranger game tonight, in case you care. there will be cable shows -- >> she scares. >> not really. i don't. >> you care. >> she just -- she doesn't want to show her emotion. i don't blame her. >> poker player. but there will be shows that lead about, you know, go woke, go broke, one of the largest drawdowns in the history of disney stock, and so, disney -- i'm not interested in either side, but they've become a bit of a political football, as well that obviously does not help them in this environment. >>> coming up, earnings season rolls on we have afterhours action to bring you. rivian, lyft, ea, all on the move the details of the quarters next. >>> plus, starbucks still dripping lower shares down more than 18%. that was a burs
julia boorstin on disney and just quickly, it's netflix's world, i guess, still, even according to bob iger. >> no question again, the netflix -- and put up a netflix chart. look at the little stealth rally netflix had since that cascade down to 540 or so. it's come back almost the entire move which is a pretty good thing and listen, i'm going to be watching the ranger game tonight, in case you care. there will be cable shows -- >> she scares. >> not really. i don't. >>...
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May 23, 2024
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>> all right, julia, thank you julia boorstin with the latest on live nation karen, you have been a shareholder of this. we are actually seeing the stock hit by it. >> it has been a looming issue, and around this level, we talked about it a cup weeks ago, i said, i tonight think anything would happen to the stock price while this is out there, then it proceeded to go to $104. now that this is happening, i think it's still going to weigh on the stock for quite awhile. the business part is doing great. this is a significant overhang now. >> this is a very popular sort of issue, popular, meaning, it appeals to the mainstream. people think, how expensive were taylor swift tickets, why should we be paying this money? >> well, taylor swift tickets were expensive because she deserves it and because that's where the market is, but the fact of the matter is, ticketmaster controls the venue, and they control the whole tour, and no one can get in the way, and as julia detailed, the accusations of bullying and predatory practices, retribution, you want to go this way, you're not going to do too well in the
>> all right, julia, thank you julia boorstin with the latest on live nation karen, you have been a shareholder of this. we are actually seeing the stock hit by it. >> it has been a looming issue, and around this level, we talked about it a cup weeks ago, i said, i tonight think anything would happen to the stock price while this is out there, then it proceeded to go to $104. now that this is happening, i think it's still going to weigh on the stock for quite awhile. the business...
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May 7, 2024
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we had news with julia boorstin of this lawsuit by tiktok against the u.s. government. i read you the results of our youth poll here which suggests that 70% of those say the government should leave tiktok alone. how do you see this playing out? and, i mean, i'm sure you've run into steve mnuchin over at milken, too, by the way, on the network a short time ago, who has an interest in the future of this company as well >> i mean, let me start by saying this. i'm an american, an american patriot first. if i thought tiktok was sending data back to the chinese government to coerce u.s. behavior, then it should be banned but i also believe what makes the united states different than china is due process we have a rule of law in this country, and so i, for one, am happy we have companies like bytedance that can appeal to the u.s. courts and have their day in court if they can't prove their case, they ought to lose their case. and so, you know, listen, we're going to allow this to play out, because we're the united states of america, we're the most vibrant system of capitalism
we had news with julia boorstin of this lawsuit by tiktok against the u.s. government. i read you the results of our youth poll here which suggests that 70% of those say the government should leave tiktok alone. how do you see this playing out? and, i mean, i'm sure you've run into steve mnuchin over at milken, too, by the way, on the network a short time ago, who has an interest in the future of this company as well >> i mean, let me start by saying this. i'm an american, an american...
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May 8, 2024
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julia boorstin with more on what's driving the big jump in revenues >> that's right. reddit shares are up about 5% this morning on better than expected revenue, revenue guidance, user growth and average revenue per user all of this the ceo of reddit says reflects a stronger add market as well as the improvement of reddit's platform for users and their tools for advertisers. take a listen. >> our advertising customers are finding more and more success on reddit really at the end of the day since reddit represents everybody's interests and passions, that means every company's customers are probably on reddit somewhere. so simply by making the product easier to use, making the ad tools better and better we're able to kind of realize that connection >> burnstein calling this quarter a solid start to their life as a public company saying, quote, reddit appears to be reaping the benefits of a strong digital ad market buoyed by some free ipo marketing now can they keep the good times rolling. the growth is part of a broader rebound we've seen across the digital ad players th
julia boorstin with more on what's driving the big jump in revenues >> that's right. reddit shares are up about 5% this morning on better than expected revenue, revenue guidance, user growth and average revenue per user all of this the ceo of reddit says reflects a stronger add market as well as the improvement of reddit's platform for users and their tools for advertisers. take a listen. >> our advertising customers are finding more and more success on reddit really at the end of...
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May 9, 2024
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our trader is brian denwig, but first, we'll go to julia boorstin on warner bros. discovery. >> shares first fell on quarterly results, the mixed expectations on the top and bottom lines, as warner bros. -- the much larger loss and anti anticipated, but shares are up nearly 2%, which is bolster by -- the direct-to-consumer streaming, and streaming ad revenue 70%. this is in contrast to the 8% decline in tv revenue. steve zaslov says it will -- though he didn't share timing or pricing of the bundle. the most important and significantly positive development is news of the bundle we believe that would push the rest of the media group to announce similar dealings. he says he's still in conversation with the nba and he has the right to match third-party offers, seemly -- that nbc is securing tnt's nba package. >> so many variables at play brian, there's a lot of positives in her report. is it positive enough for you? >> thank you, dom. even though streaming looks like it might be the future, there are or segments of the business, with all those conflicting variables, th
our trader is brian denwig, but first, we'll go to julia boorstin on warner bros. discovery. >> shares first fell on quarterly results, the mixed expectations on the top and bottom lines, as warner bros. -- the much larger loss and anti anticipated, but shares are up nearly 2%, which is bolster by -- the direct-to-consumer streaming, and streaming ad revenue 70%. this is in contrast to the 8% decline in tv revenue. steve zaslov says it will -- though he didn't share timing or pricing of...
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May 31, 2024
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boorstin julia, let's start with you. what do these numbers show and how surprising are they in light of the fact that it is not just maybe people of a certain age coming back to meta, but to facebook specifically. >> yeah, we're seeing this strength out of facebook for -- i'm saying facebook, meaning the facebook app, this is not referring to the greater company and to instagram but the facebook app is seeing strength for two specific reasons. one is reels, the short form video format that was so successful for tiktok. meta has implemented reels on instagram and facebook and it is working. the company saying the watch time in the u.s. and canada grew over 80% from the first quarter of 2023 to the first quarter of 2024 the other factor at play here is a.i. the a.i. algorithm is working to recommend content that people want to watch and those are the two key features that are driving this growth in that core facebook platform. >> and andrew, what do you make of this? and is it -- could it be in part that people are aging o
boorstin julia, let's start with you. what do these numbers show and how surprising are they in light of the fact that it is not just maybe people of a certain age coming back to meta, but to facebook specifically. >> yeah, we're seeing this strength out of facebook for -- i'm saying facebook, meaning the facebook app, this is not referring to the greater company and to instagram but the facebook app is seeing strength for two specific reasons. one is reels, the short form video format...
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May 24, 2024
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tools are helping sports tackle the time-consumer jobs we have julia boorstin with a closer look. >> reporter: the nba has 30 teams with over 1,200 regular season games putting together the schedule was traditionally a tedious, manual process it has improved the last decade thanks to software that process has gotten faster thanks to artificial intelligence starting with the pilot last summer, the league partnered with and inn vvested in a.i. startup fast break to bring together the schedule. it plans matchups and designs travel around rest days and player health and venue availability evan wash who runs the strategy and analytics division, says they can design road trips for teams and eliminates the number of flights traveled. >> it helps with the system which goes and pores over billions and trillions of potential schedules because the number of schedules is astronomical it is able to return back the schedules that best meet the constraints. >> reporter: the nba is part of the growing group of leagues using the technology, including the nhl and pickleball and big east the nba says t
tools are helping sports tackle the time-consumer jobs we have julia boorstin with a closer look. >> reporter: the nba has 30 teams with over 1,200 regular season games putting together the schedule was traditionally a tedious, manual process it has improved the last decade thanks to software that process has gotten faster thanks to artificial intelligence starting with the pilot last summer, the league partnered with and inn vvested in a.i. startup fast break to bring together the...
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May 21, 2024
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julia boorstin has more on the latest salvo with fresh news today. >> carl, comcast ceo dave watson gave details of the stream saver bundle that comcast is launching next week. peacock premium, netflix standard with ads and apple tv plus will be available for comcast, xfinity internet and tv customers for $15 a month a discount of 30% or nearly $100 discount over the course of the year. comcast now skinny bundle of 40 streaming channels will be offered with the bundle of those three streaming apps for $30 a month. watson saying this is designed to drive value for broadband customers, reduce churn and noted it opens the possibility for other bundles down the line. all this comes ahead of the bundle of disney plus, hulu and max, set to launch this summer. no details on exact timing or pricing of that bundle. then the sports streaming joint venture between fox, warner brothers discovery tnt and espn set to launch by this fall. we learned on friday its name venue sports and will combine linear and digital feeds from those broadcasts. sources tell us it will be in the 40 to $50 range. all of
julia boorstin has more on the latest salvo with fresh news today. >> carl, comcast ceo dave watson gave details of the stream saver bundle that comcast is launching next week. peacock premium, netflix standard with ads and apple tv plus will be available for comcast, xfinity internet and tv customers for $15 a month a discount of 30% or nearly $100 discount over the course of the year. comcast now skinny bundle of 40 streaming channels will be offered with the bundle of those three...
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May 23, 2024
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the president and cfo is with us exclusively along with julia boorstin. >> reporter: thank you for joining us. i want to start off with the allegations that the doj and the state attorneys general are filing that live natio -ticketmaster has engaged in misconduct among other things, threatening venues that work with rivals and restricting to these venues. >> i think what the doj has accused us of being drivers of higher ticket prices and higher service fees. that is the core of it and the facts do not sustain that. if you look at the business results, of the promotion business, the right of ticketmaster is around 5%. it is simply not enough profitability to sustain any real monopoly or control of the industry >> so much of this lawsuit is about live nation using its size to squash competitors including acquiring companies that could become rivals in the future. i know there seems to be concerned over ticket prices but how do you address some of those allegations? >> we disagree with all of these allegations. if you look at the history, these tend to be small promoters, often buying festiva
the president and cfo is with us exclusively along with julia boorstin. >> reporter: thank you for joining us. i want to start off with the allegations that the doj and the state attorneys general are filing that live natio -ticketmaster has engaged in misconduct among other things, threatening venues that work with rivals and restricting to these venues. >> i think what the doj has accused us of being drivers of higher ticket prices and higher service fees. that is the core of it...
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May 20, 2024
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cnbc's julia boorstin has all the details. julia? >> the company's fiscal third quarter results beat on the top and bottom line. revenues just a hair above expectations, and guidance for the fiscal fourth quarter was right in line with expectations, despite that fiscal third quarter beat the ceo saying on the call, which is still going on right now, that with a.i., they do expect cyberattacks to come at a faster pace. he also said that their customers are responding well to their approach of cybersecurity consolidation, saying, quote, demand is robust and my expectation is that we will continue to see it be that way over the next many quarters. but even with this, shares down. they're up 58% over the past 12 months and nikesh arora will join jim cramer coming up on "mad money." melissa? >> julia, thank you. guy, pnw >> it's all-time hishgs gh, nott it matters 380ish, or so. problem, i think, is valuation the quarter was fine the guidance wasn't what people were looking for me, the question is, where do you get back into this thing th
cnbc's julia boorstin has all the details. julia? >> the company's fiscal third quarter results beat on the top and bottom line. revenues just a hair above expectations, and guidance for the fiscal fourth quarter was right in line with expectations, despite that fiscal third quarter beat the ceo saying on the call, which is still going on right now, that with a.i., they do expect cyberattacks to come at a faster pace. he also said that their customers are responding well to their approach...
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May 31, 2024
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julia boorstin has more. >> and live nation impacted by a snowflake account. may 20th identified unauthorized activity in a third-party data base, snowflake account, then launched and investigation saying may 27th a criminal threat actor offered what alleged to be a company user for sale via the dark web. working to mitigate risk to users of the company and notified and cooperating with law enforcement as well as regulatory authorities and in touch with users about unauthorized access to personal information. live nation saying they do not believe this incident is "reasonably lengthy to have a material impact on the business." certainly following up on those reports of all ofhacks earlier week. >> thank you. >>> and cruise settling down closing out the worst month since november of last year as the opec conference kicks off sunday with major headlines breaking already here to discuss what we know and can expect, how investors might get ahead of the game, lead animist paul sankey. happy friday good to have you here. in-person now? we found out >> no. posted thi
julia boorstin has more. >> and live nation impacted by a snowflake account. may 20th identified unauthorized activity in a third-party data base, snowflake account, then launched and investigation saying may 27th a criminal threat actor offered what alleged to be a company user for sale via the dark web. working to mitigate risk to users of the company and notified and cooperating with law enforcement as well as regulatory authorities and in touch with users about unauthorized access to...
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May 21, 2024
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julia boorstin joins us now to explain this conflict and its significance, julia. >> so, kelly, scarlett johansson says that open ai's voice assistant, which launched last week, called sky, sounded just like her. joe hanson issuing a statement saying that sam altman approached her last september asking to use her voice, which was fay mously featured in the virtual assistant in a film called "her." she declined. then two days, altman approached her again, but they didn't connect before the launch day on which altman tweeted the word, her, on x. saying altman now saying that they have paused using sky's voice in open ai's products but that, quote, the voice of sky is not scarlett johansson's. it was never intended to resemble her's. johansson saying, quote n a time we are all grappling with deep fakes and the protection of our own likeness, our own work, our own identities, she says i look forward to resolution in the form of transparency and the passage of appropriate legislation to help ensure that individual rights are protected. sag after tra thanking johansson. thank you. we shared he
julia boorstin joins us now to explain this conflict and its significance, julia. >> so, kelly, scarlett johansson says that open ai's voice assistant, which launched last week, called sky, sounded just like her. joe hanson issuing a statement saying that sam altman approached her last september asking to use her voice, which was fay mously featured in the virtual assistant in a film called "her." she declined. then two days, altman approached her again, but they didn't connect...
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May 2, 2024
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. >>> let's get over to julia boorstin for an update. >> the media is urging the house to investigate short-selling of shares president trump is the shareholder of truth social. >>> former nickelodeon producer dan schneider is suing the production, saying they implied he sexually abused the children with whom he worked. it named warner brothers discovery, where the documentary aired, and max, where it is streaming. >>> the director of national intelligence, avril hanes, warned that ransomware attacks grew in the last year. u.s. entities were the most heavily targeted, with attacks on health care doubles from the year before. back to you. >> thank you. >>> as we head to break, a quick power check. you can see there on the positive side of the s&p, aerospace higher by 15%. this despite the ceo warning of potential demand issues. on the negative side, qorvo tumbling the smartphone supplier offering weak outlook not a good sign for one of its biggest customers, apple that's your power check. we'll be right back. ♪ (alarm sound) ♪ amelia, turn off alarm. amelia, weather. 70 degrees and
. >>> let's get over to julia boorstin for an update. >> the media is urging the house to investigate short-selling of shares president trump is the shareholder of truth social. >>> former nickelodeon producer dan schneider is suing the production, saying they implied he sexually abused the children with whom he worked. it named warner brothers discovery, where the documentary aired, and max, where it is streaming. >>> the director of national intelligence,...
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May 24, 2024
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. >>> let's get to julia boorstin for a news update. >>> tyler, the city of uvalde, texas, held a vigil today to mark two years since a gunman opened fire inside of robb elementary school, killing 19 students and 2 teachers. it is one of the deadliest school shootings in u.s. history. there will also be a vigil tonight to remember the victims. the two-year anniversary comes just days after families of 19 of the victims agreed to a $2 million settlement with the city >>> an oklahoma-based group says three of its missionaries were ambushed by a gang in haiti and killed it comes after months of escalating gang violence in the country. secretary of state antony blinken has warned haiti is close to becoming a failed state. >>> meanwhile, secretary blinken will travel to eastern europe next week. concerns are mounting about russia's advances in ukraine potential russian interference in moldova and a controversial new law in georgia, which the u.s. believes undermines democracy and freedom of expression the law requires organizations that receive more than 20% of their funding from abroad to r
. >>> let's get to julia boorstin for a news update. >>> tyler, the city of uvalde, texas, held a vigil today to mark two years since a gunman opened fire inside of robb elementary school, killing 19 students and 2 teachers. it is one of the deadliest school shootings in u.s. history. there will also be a vigil tonight to remember the victims. the two-year anniversary comes just days after families of 19 of the victims agreed to a $2 million settlement with the city...
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May 29, 2024
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. >> julia boorstin, thank you very much. still ahead we'll trade three key earnings movers in a fresh straight from the produce aisle three stock month. and the investing club meeting happening tomorrow at noon, join for members only access to the next big portfolio moves. he will reveal them tomorrow at 12 p.m. monthly meeting. we'll be right back. [ inner monologue ] i needed some help. good thing i knew someone... ♪ ♪ or... some-thing. [ a.i. copilot ] glad you called, j. [ a.i. copilot ] it's time for an upgrade. awesome. ♪ ♪ [ inner monologue ] i knew what i had to do. because they never stop. no time to waste. this isn't sci-fi. this is precision ai. ♪ ♪ >>> time for today's three stock lunch. we'll look at three stocks making big moves on earnings over the last day or so. here with our trades is will mcgoff, director of investments with prime capital. and first up, let's look at dick's sporting goods. the stock way up today. raising its full year outlook. retailer says shoppers are spending more on sneaker
. >> julia boorstin, thank you very much. still ahead we'll trade three key earnings movers in a fresh straight from the produce aisle three stock month. and the investing club meeting happening tomorrow at noon, join for members only access to the next big portfolio moves. he will reveal them tomorrow at 12 p.m. monthly meeting. we'll be right back. [ inner monologue ] i needed some help. good thing i knew someone... ♪ ♪ or... some-thing. [ a.i. copilot ] glad you called, j. [ a.i....
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May 15, 2024
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julia boorstin is going to deliver this news alert, regarding netflix. julia, what do we know? >> netflix announcing its up front presentation that the ad plan has 40 million active users, up from 5 million a year ago and up from 23 million in january, the company saying over 40% f all sign-ups in the countries where they offer ads now comes from the ad plan. the company also announcing it will launch an in-house ad technology platform to give advertisers new ways to buy and measure their impact, telling us they plan to move entirely over to their new collection of tools to manage digital advertising by the end of 2025. sounds like it will be a gradual shift. netflix is also expanding its partners for selling ads on its platforms, beyond just microsoft, which was its launch partner. saying this summer, they will also add the trade desk, google's display and video 360, as well as magnate. scott? >> julia, appreciate that very much. a nice pop there for netflix. i love what our colleagues, and friend carl, posted about five hours ago on social. "the company that once said they we
julia boorstin is going to deliver this news alert, regarding netflix. julia, what do we know? >> netflix announcing its up front presentation that the ad plan has 40 million active users, up from 5 million a year ago and up from 23 million in january, the company saying over 40% f all sign-ups in the countries where they offer ads now comes from the ad plan. the company also announcing it will launch an in-house ad technology platform to give advertisers new ways to buy and measure their...
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May 29, 2024
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julia boorstin, what do you think is behind the surge here? >> we did have two very bullish analysts note in the past two days mark mahaney reiterating the out perform on the stocks and estimates and boosting his price target to netflix to 700 in the wake of research they have done. there are a couple of factors behind his bullishness as well as the bullishness of a morgan stanley note reiterating its out perform. one thing key for the stocks gains over the past six months is the fact that the crackdown on password sharing is really working. people are willing to pay for more dependents outside their home to let them watch netflix and it doesn't seem to be driving the kind of churn that some people were concerned about. a couple other key things, the ad business, though new, seems to be working. and people seem eager to have that add-supported version, less expensive and moving into sports. something they said they would never do, but it seems to be getting a positive reception. >> do you think the bundling of various streaming services will t
julia boorstin, what do you think is behind the surge here? >> we did have two very bullish analysts note in the past two days mark mahaney reiterating the out perform on the stocks and estimates and boosting his price target to netflix to 700 in the wake of research they have done. there are a couple of factors behind his bullishness as well as the bullishness of a morgan stanley note reiterating its out perform. one thing key for the stocks gains over the past six months is the fact...
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May 16, 2024
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we are joined by thrive market ceo nick green and julia boorstin. >> what made them pop up top on the list. >> what's interesting about thrive is you figured how the to integrate ai to make the product better for you and the customers. tell us about that. how are you using ai right now? >> wooe always used machine learning to get recommendations of what they should buy on the site and what we are finding is the recommendations with ai and as the algorithm spins we can load the cart. for first members over half of what they buy is what we loaded in the cart for them using ai. >> that's an exciting thought. i almost think of you guys and i've looked at your selection before as an online trader joe's. it gives me that kind of vibe. a lot of the stuff is health focused and it's a little quirky. >> the way we look at it is take what you would find in the health retailer and cure eight them down to only the best and offer them at discounted prices through the membership model. like costco meets whole foods and trader joe's because we have a the lot of our own branded products and more than
we are joined by thrive market ceo nick green and julia boorstin. >> what made them pop up top on the list. >> what's interesting about thrive is you figured how the to integrate ai to make the product better for you and the customers. tell us about that. how are you using ai right now? >> wooe always used machine learning to get recommendations of what they should buy on the site and what we are finding is the recommendations with ai and as the algorithm spins we can load the...
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May 2, 2024
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that as paramount faces the expiration of a ne goesh yating period with skydance julia boorstin has more. >> a $26 billion all-cash acquisition of paramount, according to a source close to the situation. and apollo and sony understand that paramount cannot engage just yet, because of their exclusive negotiations with skydance that exclusive window expires tomorrow, of course it could be extended skydance and its consortium, which made its best and final offer sunday, they could hear back from paramount's special committee with a recommendation on next steps as soon as today that's also according to sources. meanwhile, the ceo of cbs and one-third of the office of the ceo of paramount was in a meeting with entertainment journalists today to discuss the fall tv schedule at cbs. he was asked about morale at cbs, and he said, it's a challenging time right now we can only control what we can control, going on to say, we have no idea whether a transaction could happen or not. cheeks also said that while he and the others comprising the office of the ceo, brian robbins and chris mccarthy, are f
that as paramount faces the expiration of a ne goesh yating period with skydance julia boorstin has more. >> a $26 billion all-cash acquisition of paramount, according to a source close to the situation. and apollo and sony understand that paramount cannot engage just yet, because of their exclusive negotiations with skydance that exclusive window expires tomorrow, of course it could be extended skydance and its consortium, which made its best and final offer sunday, they could hear back...
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May 23, 2024
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shares down 5% want to bring in julia boorstin for more or color on the live nation side of things. julia? >> yeah. i mean, what's really interesting here, morgan, is this all dates back to the merger between live nation and ticket master back in 2010 and the company would argue that their market share has actually declined ticketmaster's market share has declined since that merger 14 years ago. we have a quote here from live nation, they say, it's, quote, ab stourds claim that live nax and ticketmaster are wielding monopoly power live nation in no way fits the profile saying service charges on ticket master are no higher than elsewhere and frequently lower. a couple details here. i think live nation is going to focus on the fact that its artists that set prices for their tickets and that venues set and keep the majority of ticket fees and while live nation does own and control some venues, certainly not all of them, they do ticketing for, they also say that every year competition drives live nation to earn lower rates from concert promotion and ticketing and they do stress that tic
shares down 5% want to bring in julia boorstin for more or color on the live nation side of things. julia? >> yeah. i mean, what's really interesting here, morgan, is this all dates back to the merger between live nation and ticket master back in 2010 and the company would argue that their market share has actually declined ticketmaster's market share has declined since that merger 14 years ago. we have a quote here from live nation, they say, it's, quote, ab stourds claim that live nax...
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May 16, 2024
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nfl's chief media and business officer behind the deal and our own julia boorstin join us here at post nine. hey, julia. >> thanks so much. brian, thanks for joining us. >> thanks for having me. >> insight into the deals. you do all of these deals and you made some big moves with a deal with peacock, streaming games on amazon. for this we understand netflix has payed 75 to $150 million per game beyond just that, why does this make sense for you in the nfl? >> makes sense for a lot of reasons. christmas day is a big football day. you saw that last year. we had some of the most viewed games on christmas day. we're trying to make that a much bigger day for football fans and fans tell us they want that. that's number one. number two, we're really leaning in to where fans are, so we've always been a sport about reach. how do you reach as many people as you can. that these days means not only broadcast television but streaming. netflix is the biggest streamer in the world. third i would say global. this is really the first deal that we have done that is truly global in nature. these games wi
nfl's chief media and business officer behind the deal and our own julia boorstin join us here at post nine. hey, julia. >> thanks so much. brian, thanks for joining us. >> thanks for having me. >> insight into the deals. you do all of these deals and you made some big moves with a deal with peacock, streaming games on amazon. for this we understand netflix has payed 75 to $150 million per game beyond just that, why does this make sense for you in the nfl? >> makes sense...
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May 14, 2024
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julia boorstin is here to break down this year's big trends and i would guess ai is a key part of that. >> ai. ai is no surprise the big trend dominating this year's list. openai is taking the top spot for the second consecutive year the first time we've ever had one company top the list two years in a row. generative ai with chatgpt is now used by more than 90% of fortune 500 companies and openai has kept up with growth, scaled its corporate partnerships and continues to launch new innovations including just yesterday, its new gpt-4.0 which can process image and voice to be truly conversational. all of that has earned openai an $86 billion valuation. it's not just openai. there are 34 companies on this year's disruptive list saying a.i. is critically important to more than half their revenue. 13 of those say more specifically that generative a.i. is critical. the most represented sector on this yore's list is enterprise tech with 14 companies, followed by fintech with nine, including stripe, which has been on the list a record ten times. and then the next category is health care and b
julia boorstin is here to break down this year's big trends and i would guess ai is a key part of that. >> ai. ai is no surprise the big trend dominating this year's list. openai is taking the top spot for the second consecutive year the first time we've ever had one company top the list two years in a row. generative ai with chatgpt is now used by more than 90% of fortune 500 companies and openai has kept up with growth, scaled its corporate partnerships and continues to launch new...
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May 24, 2024
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we are going to go to julia boorstin now it is not just traditional sectors new ai tools also helping major league sports tackle some of the time consuming jobs hello, julia >> mike, the nba has 30 teams with over 1200 regular season games, so putting together this schedule was traditionally a tedious and manual process now software has improved that process over the past decade, but now, ai is transforming that process. last summer the nba started a pilot program with an ai start-up called fast break which it also invested in to help craft its schedule fast break's technology enables the nba to plan match-ups and design travel around constraints such as rest days, player health and venue availability and they can design trips that minimize flights taken and miles traveled. >> instead of getting just one manual schedule out of that process you're able to get the best of billions and trillions of possible schedules. so we've been using constraint based optimization for our schedule about eight years but fast break has taken the quality and speed to the next level. >> says that the ai t
we are going to go to julia boorstin now it is not just traditional sectors new ai tools also helping major league sports tackle some of the time consuming jobs hello, julia >> mike, the nba has 30 teams with over 1200 regular season games, so putting together this schedule was traditionally a tedious and manual process now software has improved that process over the past decade, but now, ai is transforming that process. last summer the nba started a pilot program with an ai start-up...
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May 6, 2024
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julia boorstin is here with more on what to watch. i was trying to remember the last time we had a premarket print on disney. >> that's right. disney typically reports after the bell. doing things differently this quarter, especially after ceo bob iger has put his battle with activist nelson peltz behind him. now iger isunder pressureto continue to turn around disney's stock. the stock is up 26% this year. though still down about 40% from highs in 2021. now, on iger's agenda, getting the company's studio back on track. after a downturn last year. but the two most important areas in focus are disney's parks and streaming divisions. disney's parks and any commentary about summer bookings could provide a valuable window into the state of consumer spending. while investors also look for updates on iger's plan to invest $60 billion in the parks and resorts division over the next decade. for streaming we're looking for updates on disney's expectation that the division will break even this year. we're also looking for details on the coming s
julia boorstin is here with more on what to watch. i was trying to remember the last time we had a premarket print on disney. >> that's right. disney typically reports after the bell. doing things differently this quarter, especially after ceo bob iger has put his battle with activist nelson peltz behind him. now iger isunder pressureto continue to turn around disney's stock. the stock is up 26% this year. though still down about 40% from highs in 2021. now, on iger's agenda, getting the...
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May 28, 2024
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boorstin joins us with more, julia. good morning >> it was a record low for memorial day box office. the holiday weekend had its lowest total growth since 1995, excluding those covid years. the film that topped the box office barely beat out sony's garfield, and brought in just $32 million over the weekend that's down from the $118 million that disney's live action "little mermaid" grossed last memorial day weekend. that puts the total four-day weekend down 22% from last year. now studios are suffering from the fact that last year's strikes delayed major franchises set for this summer, including paramount's eighth mission impossible sequel including disney's lion king prequel, and there hasn't been the typical marvel movie at the start of may to kick off a strong summer. not a single movie this will year has opened with $100 million over the course of a weekend, which was fairly common pre-pandemic all of this puts more pressure on disney, which typically rules the summer and fell short last year ceo bob iger vowing to
boorstin joins us with more, julia. good morning >> it was a record low for memorial day box office. the holiday weekend had its lowest total growth since 1995, excluding those covid years. the film that topped the box office barely beat out sony's garfield, and brought in just $32 million over the weekend that's down from the $118 million that disney's live action "little mermaid" grossed last memorial day weekend. that puts the total four-day weekend down 22% from last year....
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May 7, 2024
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julia boorstin joins us know wih the latest. >> shares are trading down about 8% premarket this as the company beat on the bottom line with earnings per share 11 cents above estimates what we're seeing right now, that outperformance, ethe stock is being weighed down by the fact that revenue was a hair short of expectations. the company also gave warnings that the direct-to-consumer entertainment business would report a loss in the fiscal third quarter. they also said they don't expect to see subscriber growth in the quarter. as the linear networks continue to struggle, excluding espn, operating income at those networks fell 22% in the fiscal second quarter entertainment streaming, though, is a bright spot with $47 million in direct-to-consumer profits. the company saying it will be a meaningful growth driver in the next fiscal year here is what ceo bob iger said just moments ago. >> we also remain on track to reach profitability in our combined streaming businesses in q4 we've said all along our path to profitability will not be linear and while we're anticipating a softer third quarte
julia boorstin joins us know wih the latest. >> shares are trading down about 8% premarket this as the company beat on the bottom line with earnings per share 11 cents above estimates what we're seeing right now, that outperformance, ethe stock is being weighed down by the fact that revenue was a hair short of expectations. the company also gave warnings that the direct-to-consumer entertainment business would report a loss in the fiscal third quarter. they also said they don't expect to...
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May 9, 2024
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visit findyourindependentadvisor.com >>> welcome back to "squawk box," i'm julia boorstin with a market flash on warner bros. discovery. shares are down about 2% after the company missed on the top and bottom lines revenue fell 7% from a year ago quarter and a much larger loss than anticipated a streaming was a bright spot. the company added two million subscribers, and streaming ad revenue grew 70% in contrast to the 8% loss in tv ad revenue david zaslav explained the intention of this new bundle that's now in the works. >> we expect this product will help increase retention and lower churn, and thus support higher customer lifetime values. and finally, over time as the bundle gets more traction, we will benefit from increased efficiencies and greater marketing effectiveness. the bundle will go live later this summer, and we're excited about what it could mean for our business going forward >> we don't have details on pricing or launch date for this bundle, but zaslav called the price both attractive and reasonable back over to you >> just like we are, julia make sure you join us tomor
visit findyourindependentadvisor.com >>> welcome back to "squawk box," i'm julia boorstin with a market flash on warner bros. discovery. shares are down about 2% after the company missed on the top and bottom lines revenue fell 7% from a year ago quarter and a much larger loss than anticipated a streaming was a bright spot. the company added two million subscribers, and streaming ad revenue grew 70% in contrast to the 8% loss in tv ad revenue david zaslav explained the...