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Feb 9, 2024
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one stock we are tracking is softbank. looking at the spread, and it is unmatched but we are seeing it swinging back into profit. taking gains from arm, the u.s. chip designer listed last year. we had a focus on general value of portfolio companies and that gained. certainly one to be tracking. haidi: take a look at training in australia. a muted session, a tent of 1% to the upside, but not much conviction. real estate, health care, technology are stronger. we are seeing weakness very pronounced when it comes to energy. as we see the split between rise in oil prices versus energy stocks necessarily. seeing australian stocks and new zealand bonds following u.s. treasuries. a robust 30 year option. the aussie dollar is holding steady. we heard from the rba governor speaking to a parliamentary panel, saying cpi does not need to be in the target range for the rba to cut rates. that saw a move when it comes to the move in the dollar. watching oil. doubts on the cease-fire have spurred some buying. energy stocks not finding that
one stock we are tracking is softbank. looking at the spread, and it is unmatched but we are seeing it swinging back into profit. taking gains from arm, the u.s. chip designer listed last year. we had a focus on general value of portfolio companies and that gained. certainly one to be tracking. haidi: take a look at training in australia. a muted session, a tent of 1% to the upside, but not much conviction. real estate, health care, technology are stronger. we are seeing weakness very...
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Feb 8, 2024
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that boosted softbank which rallied 10% in japan. softbank held on to the stock when it debited in ovember. it was offering $51 to investors per share. now it is coming in at $1.22 which is 15% higher than analysts expected. on a programming note, our u.s. colleagues will speak to rene haas at 16:00 cet. >>> and softbank closed the fourth straight quarter in the red reporting 895 billion yen in the fourth quarter. the company's vision fund booked an investment gain of 601 billion yen up from 21.4 billion yen which is a huge increase in the previous quarter. arjun joins us with more. let me ask you this. how much of softbank success is pinned on the success of arm? arm had a strong quarter. >> arm is an important part of the softbank portfolio. the vision fund still is what helped buoy the company. the biggest gain on the vision fund since march of 2021. last year, we saw a big rise in tech valuations, particularly the rise of the nasdaq. interestingly, also, softbank with some of the private companies saw valuation climb. b bytedance
that boosted softbank which rallied 10% in japan. softbank held on to the stock when it debited in ovember. it was offering $51 to investors per share. now it is coming in at $1.22 which is 15% higher than analysts expected. on a programming note, our u.s. colleagues will speak to rene haas at 16:00 cet. >>> and softbank closed the fourth straight quarter in the red reporting 895 billion yen in the fourth quarter. the company's vision fund booked an investment gain of 601 billion yen...
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Feb 13, 2024
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i don't think it's something the boss of softbank will be complaining about. certainly not.rgest travel operator tui has reported better than expected results for its first quarter, with an operating profit of 6 million euros — that's $6.5 million. it made a loss of 153 million lastyear. the company says there's strong consumer demand. the social media platform x is to allow advertisers to run video advertising next to specific content creators. that would allow brands to avoid riskier advertising next to random content on the platform. many advertisers have been wary of appearing on the platform after it loosened moderation policies. takeaway delivery riders in the uk are planning to strike on valentine's day to demand better pay and working conditions. the action will hit four food apps including deliveroo and uber eats — and could involve as many as 3,000 drivers and riders. that is all from me, sport is next. bbc news is bringing you stories from across the uk. these flats are nice for elderly residents. but it has turned sour. they're on icker and terry but their flat i
i don't think it's something the boss of softbank will be complaining about. certainly not.rgest travel operator tui has reported better than expected results for its first quarter, with an operating profit of 6 million euros — that's $6.5 million. it made a loss of 153 million lastyear. the company says there's strong consumer demand. the social media platform x is to allow advertisers to run video advertising next to specific content creators. that would allow brands to avoid riskier...
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Feb 8, 2024
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and now softbank only owns about 5%, but compared to roughly 18.5% that softbank owned around the time tm's ipo. i think we can expect not just pay tm but some offloading of shares of key assets by softbank going forward as they continue to manage exits and new investment going forward. haidi: our bloomberg technology reporter with the latest on softbank. some of the other stories were tracking this hour, bloomberg has learned that governments axis under investigation on whether properly charged fees for futures traits. sources the u.s. regulator has sent subpoenas for information about those transactions. it's a latest breaking news of the headache for the bank that paid $50 million last year to settle at least four cases. exxon mobil plans to leave equatorial guinea within months, the small west african nation became one of the most hottest oil provinces around the turn-of-the-century. bloomberg has learned that saudi arabia is considering a secondary share sale in aramco. also in talks with other banks over the offer that may come in the next few weeks. follow-on offer would -- offe
and now softbank only owns about 5%, but compared to roughly 18.5% that softbank owned around the time tm's ipo. i think we can expect not just pay tm but some offloading of shares of key assets by softbank going forward as they continue to manage exits and new investment going forward. haidi: our bloomberg technology reporter with the latest on softbank. some of the other stories were tracking this hour, bloomberg has learned that governments axis under investigation on whether properly...
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Feb 7, 2024
02/24
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for the total value of softbank asset, one of the key metrics for softbank, and we do kind of expectop for softbank shares when they start trading today. softbank itself is forecast to have a pretty positive quarter itself for the december quarter because of some extra gains from t-mobile shares, so quite a bit positive news for softbank today. >> there is perhaps some skepticism around the second of its vision fund that still has a lot of issues or losses perhaps in its privately held startups. what we expect to hear from that portfolio company? >> you are right. we still don't have clarity over how the vision fund privately held assets have been marked during the december quarter, so we can only speculate that the value would be possibly a status quo or -- but there are critics who think there is potential for these privately held assets to be marked down going forward, which will have a negative impact on vision fund earnings and therefore softbank earnings, too, so there will definitely be a lot of interest around what the cfo has to say about these assets and see if there's any
for the total value of softbank asset, one of the key metrics for softbank, and we do kind of expectop for softbank shares when they start trading today. softbank itself is forecast to have a pretty positive quarter itself for the december quarter because of some extra gains from t-mobile shares, so quite a bit positive news for softbank today. >> there is perhaps some skepticism around the second of its vision fund that still has a lot of issues or losses perhaps in its privately held...
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Feb 8, 2024
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this is softbank.hat spread has just come online with that pop, you can see up as much as nearly 10% so far. what is driving that is the arm earnings that came out. the chip designer being a key portfolio investor from softbank, but we had a climbing as much as 42% in late trade, and essentially, those bumper numbers playing into that optimism for softbank's numbers as well. >> not as much optimism as we were expecting when it comes to alibaba. alibaba reporting lower than expected sales overshadowing the move to extend the buyback program. let's bring our bloomberg intelligence senior analyst. it has been a long night of looking through and parsing through the details. what was the biggest disappointment for you? >> i guess alibaba is back to square one essentially. they have highlighted that they will make a big, global e-commerce push both at home in mainland china as well as overseas, and they are going to spend, so i think this heightened concerns that it will take a hit on their profits in 2024,
this is softbank.hat spread has just come online with that pop, you can see up as much as nearly 10% so far. what is driving that is the arm earnings that came out. the chip designer being a key portfolio investor from softbank, but we had a climbing as much as 42% in late trade, and essentially, those bumper numbers playing into that optimism for softbank's numbers as well. >> not as much optimism as we were expecting when it comes to alibaba. alibaba reporting lower than expected sales...
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Feb 8, 2024
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softbank also jumps. and net income mrs. estimates. agricole rounding out the story for french lenders. we will speak to leaders from astrazeneca in the next few hours. let's check in on the markets. we were within a whisker of 5000 yesterday, powered by the earnings by disney and arm. a far more bullish outlook. european futures looking to pick up some of the optimism, up .2% so far. s&p futures currently at just about that 5000 line after pushing through fresh record. looking to eke out some additional gains. u.s. 10 year in focus yesterday, a 30 year option, $42 billion was auctioned off, coming in lower than some had expected. the euro-dollar at 1.07. brent closing in on $80 a barrel. we continue to scrutinize the action, coming through in the middle east. and the u.s. secretary of state attempts to pull together a cease fire and still it seems is some ways from that. a little bit of optimism as we had to that lunar new year in china. let's get back to the earnings story with the latest from switzerland now. the company announced i
softbank also jumps. and net income mrs. estimates. agricole rounding out the story for french lenders. we will speak to leaders from astrazeneca in the next few hours. let's check in on the markets. we were within a whisker of 5000 yesterday, powered by the earnings by disney and arm. a far more bullish outlook. european futures looking to pick up some of the optimism, up .2% so far. s&p futures currently at just about that 5000 line after pushing through fresh record. looking to eke out...
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Feb 9, 2024
02/24
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softbank also saw a big recovery in its vision fund, with investment gains of $4 billion.result follows four straight quarters of losses, and shows that ceo masayoshi son's shift towards artificial intelligence is paying off. sticking with al, this week the head of the united nations added its voice to those warning about the unchecked rise of artificial intelligence. as its use continues to grow, governments around the world are racing to put new laws in place. the european union is leading the way with all 27 members having now backed its artificial intelligence act. but complying with those new laws will likely be very expensive for businesses. my colleague aaron heslehurst asked the woman regarded as the mastermind behind it if that gave bigger companies an advantage over smaller rivals who have less money. we sort of have an asymmetrical approach. if you are the big guy, if you have market power, if you can have systemic implications, you also have big responsibility. if you are the small player, just trying to make it in the marketplace, we will enable you, we will m
softbank also saw a big recovery in its vision fund, with investment gains of $4 billion.result follows four straight quarters of losses, and shows that ceo masayoshi son's shift towards artificial intelligence is paying off. sticking with al, this week the head of the united nations added its voice to those warning about the unchecked rise of artificial intelligence. as its use continues to grow, governments around the world are racing to put new laws in place. the european union is leading...
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Feb 9, 2024
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meanwhile arm owner softbank also reported its results yesterday..uarterly profit in over a year, thanks in part to the chip designers's strong numbers. softbank also saw a big recovery in its vision fund, with investment gains of $4 billion. the stronger result follows four straight quarters of losses, and shows that ceo masayoshi son's shift towards artificial intelligence is paying off. travel demand in china is picking up ahead of the lunar new year.... and notjust trips made by those heading home to spend time with family during the festive season. chinese travellers are increasingly keen on destinations in asia and beyond, according to online travel agency booking—dot—com, which has observed a jump in searches from mainland china. nuno guerreiro, a regional director at booking—dot—com, has been watching this closely. it's exciting when we see traveler numbers, we see consumers looking more and more, particularly even from china, to travel. with the holiday traffic during the lunar new year, we see our buyer numbers supported by the visa free ar
meanwhile arm owner softbank also reported its results yesterday..uarterly profit in over a year, thanks in part to the chip designers's strong numbers. softbank also saw a big recovery in its vision fund, with investment gains of $4 billion. the stronger result follows four straight quarters of losses, and shows that ceo masayoshi son's shift towards artificial intelligence is paying off. travel demand in china is picking up ahead of the lunar new year.... and notjust trips made by those...
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Feb 20, 2024
02/24
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softbank -- leaving the investment fund. jet has represented softbank on boards.re is a lot of news surrounding softbank at the moment. let's go to the parent company. the founder is create -- is considering the creation -- interesting thing is where he is doing this and who with. alex webb has the story, and we should have no surprise that softbank, having taken money out of saudi arabia into the vision fund, is willing to build a new chip reality too. alex: the saudi's are sitting on a huge amount of capital. they are trying to diversify their economy away from oil. this is not news. the fact is, you have to wonder whether the saudi's are once bitten twice shy -- shy in terms of the money. at the same time, we are still seeing saudi plow ahead with efforts to bolster their domestic manufacturing efforts. whether this chip venture, you know, that bloomberg sources report son is exploring, whether that forms part of it will be fascinating, given the requirements of -- to manufacture such a thing. in terms of intellectual resources, people you need to actually set
softbank -- leaving the investment fund. jet has represented softbank on boards.re is a lot of news surrounding softbank at the moment. let's go to the parent company. the founder is create -- is considering the creation -- interesting thing is where he is doing this and who with. alex webb has the story, and we should have no surprise that softbank, having taken money out of saudi arabia into the vision fund, is willing to build a new chip reality too. alex: the saudi's are sitting on a huge...
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Feb 13, 2024
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mariko, the chipmaker is almost wholly owned by softbank.nding to the arm news? they are higher by 11%, trading byjust over 6%. it's their third straight session in a row and their market value has gone up and their market value has gone up by and their market value has gone up by 30% in four days. it's getting closer to its all—time high level it hit three decades ago. it started on thursday after that strong result from arm sending its stock on an explosive surge. there's been and 90% and it's about artificial intelligence. while the technology is not directly used in al world, chip—makers are choosing it over other tthh cpus and you don't need... for softbank, it's a sigh of relief because its investments and many textile companies haven't been doing too well. bought for just $30 million in 2016 and when arm returned to the stock market, it was valued at 51i billion us dollars but that has tripled to that's way more than what softbank is worth now. around the world and across the uk, this is bbc news. the developers want us to stay but th
mariko, the chipmaker is almost wholly owned by softbank.nding to the arm news? they are higher by 11%, trading byjust over 6%. it's their third straight session in a row and their market value has gone up and their market value has gone up by and their market value has gone up by 30% in four days. it's getting closer to its all—time high level it hit three decades ago. it started on thursday after that strong result from arm sending its stock on an explosive surge. there's been and 90% and...
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or give him another chance. >> i doubt this deal happens because of softbank's experience.me and then back the same guy that made you take that mark-to-market hit. other lps, other investors in softbank probably wouldn't like that, so politically it's probably not a smart deal. and, by the way, weworks is just another real estate play, and the challenge there was they bought long-term leases from all kinds of buildings in every city, notably new york is where a lot of the trouble started, and then every single weworks rental is a very short-term lease. so you have a huge mismatch, much in the same way that idiot management is driving down these regional banks. they're not bad beam, they've just -- people, they're just never experienced this. weworks got wind out by the pandemic where nobody went anywhere for 24 months. do i think he'll get back the ceoship of weworks? no. if i don't think that's, there's a chance of that happening. this is just a garden variety bankruptcy. you have to realign the debt. it's almost a boring deal now because there's nothing proprietary about
or give him another chance. >> i doubt this deal happens because of softbank's experience.me and then back the same guy that made you take that mark-to-market hit. other lps, other investors in softbank probably wouldn't like that, so politically it's probably not a smart deal. and, by the way, weworks is just another real estate play, and the challenge there was they bought long-term leases from all kinds of buildings in every city, notably new york is where a lot of the trouble started,...
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Feb 9, 2024
02/24
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lots of assets for the softbank story.y, the move today is really, i would imagine, all about that massive move we saw in arm, for example. causing the: it also has to do with ptm. selling a lot of it stakes. most gesture majority before that stock tumbled. so, it was pretty much saved by that. of course, softbank's leaders surge comes on the heels of a 40% gauge. in the arm ceo spoke with us on why the remarkable opportunity presented by ai is still in its early stages. >> this is really the results of strategy that was put in place years ago that starting to come to fruition. >> only think about the vindication, when we think about more of your technology going into more types of equipment, you've managed to ca diversification paint them going forward. many would say you are not just the overall designer of chips, you are basically making the chips. how do see that relationship going forward with qualcomm, for example? >> a lot of folks didn't understand the company well and where we fit. obviously we had a lot of rope,
lots of assets for the softbank story.y, the move today is really, i would imagine, all about that massive move we saw in arm, for example. causing the: it also has to do with ptm. selling a lot of it stakes. most gesture majority before that stock tumbled. so, it was pretty much saved by that. of course, softbank's leaders surge comes on the heels of a 40% gauge. in the arm ceo spoke with us on why the remarkable opportunity presented by ai is still in its early stages. >> this is really...
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Feb 8, 2024
02/24
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speaking of softbank. have soared in tokyo after arm holdings gave a surprisingly bullish earnings forecast, beating analyst x -- estimates as its push beyond smart phones fuels growth. robert lee joins us now. what drove these numbers? robert: this is a company which is fantastically well positioned in the smartphone sector and portable consumer electronics globally. it's designs are found in eight out of 10 devices globally. with the slowing growth we've seen in the smartphone industry in recent years, its growth has slowed. what changed the outlook last night is that it seems that the company is finally getting traction from the ai sector with new ai enabled devices coming out not just in smartphones but also on the surface side. so we are getting tangible evidence of new potential growth drivers coming through. the company is potentially meeting some of the promises that it made with an ipo last year. so it's incredibly encouraging for the company which is why you've seen shares react sharply in the af
speaking of softbank. have soared in tokyo after arm holdings gave a surprisingly bullish earnings forecast, beating analyst x -- estimates as its push beyond smart phones fuels growth. robert lee joins us now. what drove these numbers? robert: this is a company which is fantastically well positioned in the smartphone sector and portable consumer electronics globally. it's designs are found in eight out of 10 devices globally. with the slowing growth we've seen in the smartphone industry in...
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Feb 8, 2024
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s s softbank posting the biggest gain in three years. 2022. >>> and kering logging a profit in 2023. the gucci parent company warning the investment strategy will weigh on the profits this year. >>> turning to china, consumer prices falling at the fastest rate in 15 years. eunice yoon is here from beijing with more on the story. eunice, good morning. >> reporter: frank, cpi missed in january year on year and month on month. the main issue was a plunge in the price of pork which is a 17% drop. that is a chinese staple. the signs are that the pressures are broadening. travel has been a strong point in the recovery saw a rise by the slowest pace in a year and a half. this is despite the pre lunar new year rush. price wars to get consumers to buy evs influenced prices for transport. that hit a record low of minus 5.6%. price wars hit producer prices because manufacturers were bidding for orders and slashing with the prices. ppi fell for the 16th straight month, but eased slightly at minus 2.5% year on year. the data has been sparking debate
s s softbank posting the biggest gain in three years. 2022. >>> and kering logging a profit in 2023. the gucci parent company warning the investment strategy will weigh on the profits this year. >>> turning to china, consumer prices falling at the fastest rate in 15 years. eunice yoon is here from beijing with more on the story. eunice, good morning. >> reporter: frank, cpi missed in january year on year and month on month. the main issue was a plunge in the price of...
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Feb 26, 2024
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softbank has obviously added to the momentum we've seen on the new guy.aid we got manufacturing and non—manufacturing coming out later this week. manufacturing numbers probably coming in below that key 50 level, indicating a contraction. non—manufacturing sector doing a bit better, coming in by 15.1—2, we'll see what happens there. we've seen some transaction from the ppo see in terms of cutting the mortgage rate and the reserve ratio requirement. but i think investors are waiting to see more evidence of turnaround before investing back into china. foreign investors still very much under way for chinese equerries, and for chinese equerries, and for chinese equerries, and for chinese equerries, and foreign direct investment in china dropped 11% investment in china dropped 11% in january. that's investment in china dropped 11% injanuary. that's a result of the property sector woes, not seeing that deflation play out. in other news making headlines — british firms say they are facing higher shipping costs and delays of up to four weeks due to houthi attacks
softbank has obviously added to the momentum we've seen on the new guy.aid we got manufacturing and non—manufacturing coming out later this week. manufacturing numbers probably coming in below that key 50 level, indicating a contraction. non—manufacturing sector doing a bit better, coming in by 15.1—2, we'll see what happens there. we've seen some transaction from the ppo see in terms of cutting the mortgage rate and the reserve ratio requirement. but i think investors are waiting to see...
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Feb 8, 2024
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one is the ceo of arm and the other as if softbank board member. will speak to the former primarily here. we believe that ai is the most profound opportunity in our lifetimes, and we are only at the beginning. when you think about artificial general intelligence and what is required to make that happen in terms of compute, power efficiency, energy, those are all great areas for us to be focused in. ai is not in any way, shape or form -- caroline: extraordinaire we are still just looking at share prices. are there any areas of concern for you? the rest of the economy, we slightly worry about. china is still a bright spot. what about the international role that you have? >> it's a great question. the geopolitics, government relations, things of that nature, five or 10 years ago that wasn't something we had to worry about a lot. now it is front and center in terms of how we think about the world. for arm, i don't know that our issues are any different than my peer group faces. we think the world is a better place when it is an easier global ecosystem.
one is the ceo of arm and the other as if softbank board member. will speak to the former primarily here. we believe that ai is the most profound opportunity in our lifetimes, and we are only at the beginning. when you think about artificial general intelligence and what is required to make that happen in terms of compute, power efficiency, energy, those are all great areas for us to be focused in. ai is not in any way, shape or form -- caroline: extraordinaire we are still just looking at...
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Feb 9, 2024
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softbank and uber are the biggest shareholders in grab.berg deals reporter manuel joins us now. what can you tell us about the talks? manuel: a fascinating story, we were able to get the scoop on this. they have been on and off-again for a while. the companies perhaps are getting together because they are faced by a lot of competition. they are seeing new startups up-and-coming. they really need to explore a combination of the two and make a formidable company that can compete and grow and stay profitable. profitability has become a key factor. in a region that is growing, you are talking some of the fastest-growing economies in the world, the potential is great for growth but they also need to make money there. the companies are coming to terms that perhaps it makes sense to combine for a stronger company. tom: is that what drove these discussions? that need, that focus on profit? manuel: definitely that's part of it. the idea there is new management coming into place also solves part of the issue. there have been failed attempt in the pa
softbank and uber are the biggest shareholders in grab.berg deals reporter manuel joins us now. what can you tell us about the talks? manuel: a fascinating story, we were able to get the scoop on this. they have been on and off-again for a while. the companies perhaps are getting together because they are faced by a lot of competition. they are seeing new startups up-and-coming. they really need to explore a combination of the two and make a formidable company that can compete and grow and stay...
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Feb 13, 2024
02/24
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softbank in japan today. avril hong will unpack that story in the next couple of minutes. let's look at the cross as a board as we move on for arm and focus on what's happening in the treasury space in the lead up to the all-important print coming out of the u.s. cpi expected to drop to 2.9% year on year for the month of january. u.s. ten-year at 417. that could all change later today. 126 as we await the wage data and the jobs data out of the u.k. that data dropping at 7:00 a.m. u.k. down. panda is down. bitcoin holding about 50,000. it's the etf stories on the bitcoins split is driving the gains into that cryptocurrency, may be expectation around rate cuts could support the rate cuts. brent, $82 a barrel. a gain of a 10th of a percent is morgan stanley upgrades or forecasts for oil. let's cross over to asia now where the markets are back, south korea is back in japan is back with strength, we typed about the softbank story and the semiconductor story. avril, what are you looking at? >> we are looking at much of asia, japan and south korea are back up and running and runn
softbank in japan today. avril hong will unpack that story in the next couple of minutes. let's look at the cross as a board as we move on for arm and focus on what's happening in the treasury space in the lead up to the all-important print coming out of the u.s. cpi expected to drop to 2.9% year on year for the month of january. u.s. ten-year at 417. that could all change later today. 126 as we await the wage data and the jobs data out of the u.k. that data dropping at 7:00 a.m. u.k. down....
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Feb 19, 2024
02/24
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softbank another one to note. we are hearing reports matt ceo she son could be starting a ship company -- a chip company. softbank reaping the investments in arm. canon, you can track trading at a multi week hi. no clear reason for that. jumping the most in seven years. korea gas trading volume. tracking at the highest of the year. the kospi leading some of the gains today. let's turn to singapore. it is expecting its budget to swing back to a surplus in the new fiscal year as recent tax increases brought up revenue and helped pay for social assistance. . the government unveiled a raft of measures worth billions of dollars aimed at supporting individuals and companies and boosting economic growth. our markets coanchor is in singapore with our next guest. haslinda: it is a budget with lots of goodies. let's get perspective. our exclusive interview with the singapore trade minister. happy year of the dragon. something for everybody. a 2 billion sing dollar package. some of the things singaporeans will be receiving.
softbank another one to note. we are hearing reports matt ceo she son could be starting a ship company -- a chip company. softbank reaping the investments in arm. canon, you can track trading at a multi week hi. no clear reason for that. jumping the most in seven years. korea gas trading volume. tracking at the highest of the year. the kospi leading some of the gains today. let's turn to singapore. it is expecting its budget to swing back to a surplus in the new fiscal year as recent tax...
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Feb 13, 2024
02/24
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tokyo electric and softbank leading the gains.n is pushing sentiment to highs. >>> michelin is posting flat profits and sales. the french tiremaker says the mix and prices offset market conditions with non-tire sales growing 10%. shares up 8%. >>> bloomberg reports openai ceo sam altman says the uae could be the regulatory sand box to drive global rules. this as two key lawmakers approve a landmark a.i. agreement this morning and setting guardrails for the technology. >>> ahead, one word every investor needs to know today and the fact our next guest says will be key to fuel market momentum. >>> if you haven't already, follow our podcast. if you miss "worldwide exchange," we're on apple and other podcast apps. >>> during february, cnbc is celebrating black heritage. here is sharon epperson on critical funding for black-owned businesses. >> 57% of black business owners were denied bank loans at least once when starting their business. that's compared to 37% of non-black owners. despite this, many african american entrepreneurs are o
tokyo electric and softbank leading the gains.n is pushing sentiment to highs. >>> michelin is posting flat profits and sales. the french tiremaker says the mix and prices offset market conditions with non-tire sales growing 10%. shares up 8%. >>> bloomberg reports openai ceo sam altman says the uae could be the regulatory sand box to drive global rules. this as two key lawmakers approve a landmark a.i. agreement this morning and setting guardrails for the technology....
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Feb 22, 2024
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that might be somewhere if softbank comes to the table they would do something indicative. tom: they had mid-single digit revenues from the chinese market. they expected to remain the same in the quarters ahead. what are the other soup -- one of the other superlatives is the revenue print. 22 billion or so, which is more than they were getting just in a single year, just as recently as 2021 in a single year. writing down the details on the nvidia story. alex will be across our programming throughout the day. alex, thank you with the importance of the nvidia story. appetizing to some extent. there is catalyst for nvidia playing out across the asian markets this morning. at this point, let's bring in bloomberg's aperal hong in singapore. -- avril hong in singapore. avril: nvidia effect is rippling through the asia-pacific but japan is also having a big moment. today is the day with the benchmark dk has just said a fresh record high, this is a closing high. we haven't seen this since 1989. this is a market that has been trying to unlock shareholder value. it is an economy that
that might be somewhere if softbank comes to the table they would do something indicative. tom: they had mid-single digit revenues from the chinese market. they expected to remain the same in the quarters ahead. what are the other soup -- one of the other superlatives is the revenue print. 22 billion or so, which is more than they were getting just in a single year, just as recently as 2021 in a single year. writing down the details on the nvidia story. alex will be across our programming...
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Feb 26, 2024
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softbank with a record profit for a japanese company. that has added to the nikkei momentum.manufacturing and non—manufacturing data coming up this week. manufacturing numbers probably coming up slightly lower than the key 50 level, indicating a contraction. non—manufacturing doing a little better in china, possibly coming in at about 50.1 or50.2, we will see what transpires. we have seen some action in recent weeks in terms of cutting the key mortgage rate. and cutting the reserve ratio requirement. investors are waiting to see more evidence of a turnaround before investing back into china. chinese equities as well. foreign direct investment in china, that dropped 11% in january. that's as a result of the property sector. a deflationary story playing out. us aluminium giant alcoa has put forward a non—binding offer of $2.2 billion for ustralian company alumina. for australian company alumina. the ceo said he will support the deal in the absence of a better offer. if successful, the merger would consolidate a global mining portfolio of aluminium refineries under one roof. the
softbank with a record profit for a japanese company. that has added to the nikkei momentum.manufacturing and non—manufacturing data coming up this week. manufacturing numbers probably coming up slightly lower than the key 50 level, indicating a contraction. non—manufacturing doing a little better in china, possibly coming in at about 50.1 or50.2, we will see what transpires. we have seen some action in recent weeks in terms of cutting the key mortgage rate. and cutting the reserve ratio...
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Feb 26, 2024
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softbank with a record for a japanese company.non—manufacturing data coming up non—manufacturing data coming up this week. manufacturing numbers probably coming up slightly lower indicating a contraction. non—manufacturing doing a little better in china, possibly coming in at about 50.1, we will see what transpires. we have seen some action in recent weeks in terms of cutting the key mortgage rate. and cutting the reserve requirement. investors are waiting to see more evidence of a turnaround before investing back into china. chinese equities as well. foreign direct investment in china, that dropped 11% injanuary. that as a result of the property sector. a deflationary story playing out. lie property sector. a deflationary story playing out. us aluminium ciant story playing out. us aluminium giant alcoa _ story playing out. us aluminium giant alcoa has _ story playing out. us aluminium giant alcoa has put _ story playing out. us aluminium giant alcoa has put forward - story playing out. us aluminium giant alcoa has put forward a i
softbank with a record for a japanese company.non—manufacturing data coming up non—manufacturing data coming up this week. manufacturing numbers probably coming up slightly lower indicating a contraction. non—manufacturing doing a little better in china, possibly coming in at about 50.1, we will see what transpires. we have seen some action in recent weeks in terms of cutting the key mortgage rate. and cutting the reserve requirement. investors are waiting to see more evidence of a...
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Feb 6, 2024
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when softbank came in, they gay adam neumann billions and billions of dollars, grow faster, don't worryg money. that's what he did. i know wework from the early days. i understand why he has his fans and how they poured hundreds of millions of dollars into his new venture. because he's extremely charismatic and did build something that was very co compelling and interesting, which is the co-working space. just really got out of hand. you could argue it wasn't a good business model to begin with. his new venture called flow buys up real estate. so you wouldn't have the same problem, the same business model fiasco of wework. so this could be an interesting idea. but again, it kind of just undermining it because the letter from the lawyers implied that dan lobe was committed to sort of a bid and that just wasn't the case. i'm just saying that's what the letter kind of implied and it turns out that that wasn't it. so, i don't know. i don't know who will help neumann finance this thing. i don't know what the future. many people still use wework. it's a great office space. what does it look l
when softbank came in, they gay adam neumann billions and billions of dollars, grow faster, don't worryg money. that's what he did. i know wework from the early days. i understand why he has his fans and how they poured hundreds of millions of dollars into his new venture. because he's extremely charismatic and did build something that was very co compelling and interesting, which is the co-working space. just really got out of hand. you could argue it wasn't a good business model to begin...
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Feb 13, 2024
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keeping an eye on softbank. better by seven point 5%. this is thanks to a 90% stake in the chipmaker arm which is up 93% over the past three days in the u.s. we have also got stocks here in australia looking flat. we saw two-year inflation expectations for new zealand falling to 2.5 percent for the first quarter. reminder of markets that are close today. china, hong kong, vietnam and nepal. this is bloomberg. ♪ >> if i could have everybody answer the same question, because we are responsible for the savings on the pensions of real people like my mom and dad and your mom and dad, that we do a better job every day. francine: it's a world's largest listed hedge fund manager. after 200 40 years in existence, there's a woman in charge for the first time. robin was promoted from president to chief executive last september. the high point of a 15 year career at the firm. former barrister entered the world of finance three decades ago and never left. >> the speed of change, the impact, the global nature, the challenge of it just never stop getti
keeping an eye on softbank. better by seven point 5%. this is thanks to a 90% stake in the chipmaker arm which is up 93% over the past three days in the u.s. we have also got stocks here in australia looking flat. we saw two-year inflation expectations for new zealand falling to 2.5 percent for the first quarter. reminder of markets that are close today. china, hong kong, vietnam and nepal. this is bloomberg. ♪ >> if i could have everybody answer the same question, because we are...
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Feb 19, 2024
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we heard from softbank potentially looking at $100 billion u.s.. present. guy: the multiples are amazing. certainly a big day for equity markets. thanks for setting us up. tom mackenzie. a quick headline check. ursula von der leyen, president of the european commission, saying we have to increase europe's defense capability. how that happens, how that is paid for, remains the critical question. quick look at the markets. the u.s. is out today. to be honest, markets absolutely calm as a result of that. president's day in the u.s. we will continue to track what is happening and set you up for the rest of the week. i will leave you now. kriti will pick up and speak to mark dowding. this is bloomberg. ♪ kriti: welcome to a special edition of "bloomberg markets" on this u.s. holiday. i am told it is president's day. i am kriti group that in london. let's get a quick check of the markets at this hour. -- i am kriti gupta. let's get a quick check of the markets. the stoxx 600 virtually unchanged at this moment. some underperformers. the french and german
we heard from softbank potentially looking at $100 billion u.s.. present. guy: the multiples are amazing. certainly a big day for equity markets. thanks for setting us up. tom mackenzie. a quick headline check. ursula von der leyen, president of the european commission, saying we have to increase europe's defense capability. how that happens, how that is paid for, remains the critical question. quick look at the markets. the u.s. is out today. to be honest, markets absolutely calm as a result...
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Feb 9, 2024
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it's particularly true for the japanese investment firm softbank, which owns a whopping 90% of arm.ers when it chose to list on the us—based nasdaq and not on its home turf. susannah streeter is head of money and markets at the investment firm hargreaves lansdown. as ever, good morning, great to see you. aren't they doing well?! and all down to artificial intelligence but particularly the v9 chip? absolutely. 0ur completely blew forecasts out of the water in terms of revenue expectations and a strong cost control measures. they are loving the fact that arm keeps presenting them with armfuls of unexpected revenue in many ways and, yes, of course arm, because it sells blueprints and other intellectual property to computing chips, which power most of the world's mobile phones, that of course is an ongoing business but it is really its role in the ai revolution, particularly supporting data centre growth, which has got so many investors are so excited and it is riding in many ways on the coat—tails of nvidia, chip company that has seen its shares rise by 200% over the past year. because
it's particularly true for the japanese investment firm softbank, which owns a whopping 90% of arm.ers when it chose to list on the us—based nasdaq and not on its home turf. susannah streeter is head of money and markets at the investment firm hargreaves lansdown. as ever, good morning, great to see you. aren't they doing well?! and all down to artificial intelligence but particularly the v9 chip? absolutely. 0ur completely blew forecasts out of the water in terms of revenue expectations and...
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Feb 5, 2024
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. >> we can see the earnings estimate of the softbank groups.he investment fund, vision fund, we may see the list of company propulsion break even this quarter. for nintendo, we are expecting the weaker yen to support the sales despite the intensified competition with the ps5. overall, i would say for the regional outlook, we may need to wait until later this month or next month for companies like tencent. >> breaking news editor felix setting up what is a busy week of earnings ahead. be sure to tune in to bloomberg radio. you can get more from the big newsmakers and get in-depth analysis from our daybreak team broadcasting from our studio in hong kong. we can listen in via the app bloomberg plus or bloomberg.com. this is bloomberg. ♪ stitch fix. -my stylist curates unique personal looks that are just for me. kind of nice. i like that. give them your size, your style, your budget. i keep what i like and send back the rest. -what can i say? my stylist gets me. they get me. and they'll get you too. the middle child never knows the beauty of elbow
. >> we can see the earnings estimate of the softbank groups.he investment fund, vision fund, we may see the list of company propulsion break even this quarter. for nintendo, we are expecting the weaker yen to support the sales despite the intensified competition with the ps5. overall, i would say for the regional outlook, we may need to wait until later this month or next month for companies like tencent. >> breaking news editor felix setting up what is a busy week of earnings...
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Feb 15, 2024
02/24
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did see a lot of the good earnings result from major japanese companies, from toyota, saw bank, -- softbank high after revising their earnings. those positive earnings actually provided a new catalyst for the rally this time. haidi: our asia equities reporter there. speaking of 1989, taylor swift kicks off the australian leg of her tour with the first of seven strobes across -- shows across melbourne and sydney. it could generate as much as 1.2 billion dollars in economic value in melbourne alone. our economics editor joins us from sydney. highly anticipated seems like a wild understatement. melbourne is expected to be her biggest show yet. >> i was surprised to see that number coming from the mayor of melbourne. it implies indirect benefits from people flying in from overseas, hotels, spinning while they are in melbourne. no one is going to just fly in for those few hours and then go back, so people are making a holiday out of it. we don't have a figure for australia wide, but it is definitely going to be big, and economists and rba will keep an eye out as well. paul: the governor noted th
did see a lot of the good earnings result from major japanese companies, from toyota, saw bank, -- softbank high after revising their earnings. those positive earnings actually provided a new catalyst for the rally this time. haidi: our asia equities reporter there. speaking of 1989, taylor swift kicks off the australian leg of her tour with the first of seven strobes across -- shows across melbourne and sydney. it could generate as much as 1.2 billion dollars in economic value in melbourne...
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Feb 14, 2024
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toyota had their forecast and softbank group rising on the arm rally and positive earnings.names are doing well as well. haidi: tokyo electron's price rising 13%. that was a record high following earnings. what was the big catalyst there? >> the stock release surged right after the company announced they are going to hike their forecast on the back of the strong demand were strong sales from china. the company even says this momentum is going to continue for the next one or two years. china revenue accounts for over half of their total revenue. the percentage has been increasing. you can see as the u.s. starts to impose the trade curbs of advanced chip technology on china, china is purchasing more of these relative equipment to boost their capacity and capability around that technology. the demand is rising, which is a stark contrast when you compare some of the china exposed -- the high china exposure names in the japanese equities. we see factory automation names, electronic names following in japan because of the negative earnings due to the drag in the economic slowdown
toyota had their forecast and softbank group rising on the arm rally and positive earnings.names are doing well as well. haidi: tokyo electron's price rising 13%. that was a record high following earnings. what was the big catalyst there? >> the stock release surged right after the company announced they are going to hike their forecast on the back of the strong demand were strong sales from china. the company even says this momentum is going to continue for the next one or two years....
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Feb 22, 2024
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softbank, the biggest shareholder in arm holdings, getting a boost in the session in tokyo mind you, these intraday gains out pacing the nikkei 225 with the likes of toyota and mitsub mitsubishi driving japan the nikkei 225 hit record highs. the first time they breached 39,000 points. last time they saw report highs, you have to go back to 1989. the year taylor swift was born back to you. >> jp ong with the taylor swift reference. thank you. >>> stock futures are in rally mode and in green across the board. nasdaq is moving 2%. let's continue this discussion with nvidia and the impact on the broader markets with vance howard at howard capital management vance, good morning. >> good morning, frank how are you? you have a lot of exciting guests this morning. >> vance, you are one of them. let's get to the excitement. all of the excitement with nvidia it is one of your holdings you hold the other mega cap tech names. microsoft and alphabet and other chip names how do you view the report from nvidia we see the inflection point for the markets. how do you see what is happening for nvidia
softbank, the biggest shareholder in arm holdings, getting a boost in the session in tokyo mind you, these intraday gains out pacing the nikkei 225 with the likes of toyota and mitsub mitsubishi driving japan the nikkei 225 hit record highs. the first time they breached 39,000 points. last time they saw report highs, you have to go back to 1989. the year taylor swift was born back to you. >> jp ong with the taylor swift reference. thank you. >>> stock futures are in rally mode...
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Feb 9, 2024
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. >>> and arm holdings with the 48% pop yesterday and one that added $34 billion to softbanks coffersad of the open, arm is valued at 90 times forward earnings compared to 34 for nvidia and 46 for amd. shares down 2% right now. >>> turning attention back to the market and the fight for the s&p to close the 5,000 mark. take a look at futures. you can see they are in the green across the board. joining me now is victoria greene. good morning. >> good morning, frank. >> we have been talk about this all morning long. hitting 5,000. on the road to 6,000 right now. are we on a straight path to 6,000 or do you see possible bumps or pot holes? >> i would say pot holes, not cliffs. the market doesn't go straight up. you have the huge run here since the bottom in october. you are up 25% or so. we will have to take another consolidation breather. earnings have been supportive. the magnificent seven are still leading. you are seeing the earnings growth which was necessary. we needed to see things justify the valuations they were trading. as we see the earnings and goldman noted this in the above
. >>> and arm holdings with the 48% pop yesterday and one that added $34 billion to softbanks coffersad of the open, arm is valued at 90 times forward earnings compared to 34 for nvidia and 46 for amd. shares down 2% right now. >>> turning attention back to the market and the fight for the s&p to close the 5,000 mark. take a look at futures. you can see they are in the green across the board. joining me now is victoria greene. good morning. >> good morning, frank....
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Feb 14, 2024
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softbank and toyota jumping, and tokyo electron jumping on adjusted forecast, having a pretty strong beat. and also longer-term stories, that reform is driving investor sentiment. and i think most importantly, for example you see the deflationary environment in china. japan is actually exiting their deflation and heading into inflation. so that is something that really drives confidence in investors. paul: all right. asian equities reporter winnie hsu. gdp numbers for the fourth quarter. annualized gdp declining .4%, a pretty big mess. the survey was for a 1.1% gain. the gdp deflator also a miss, 3.8%. the expectation was 4%. the yen still very weak, 150.50 at the moment. that big mess on the gdp numbers. we mentioned that the nikkei is 3% away from an all-time high reached in december of 1989. since then, japan's economy has grown at an annualized rate of less than 1%. haidi: and some of those numbers, quite interesting, a bit of weakness for private consumption, business spending falling. you mentioned weakness in the and and it creates an interesting conundrum for the bank of japa
softbank and toyota jumping, and tokyo electron jumping on adjusted forecast, having a pretty strong beat. and also longer-term stories, that reform is driving investor sentiment. and i think most importantly, for example you see the deflationary environment in china. japan is actually exiting their deflation and heading into inflation. so that is something that really drives confidence in investors. paul: all right. asian equities reporter winnie hsu. gdp numbers for the fourth quarter....
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Feb 22, 2024
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this owns all the big traditional companies, honda, toyota, as well as softbank.x months as people have sensed what's been going on if you want a market cap -- a weighted for currency, look at the wisdom tree. this hedges out currency effects. the bottom line here, carl, is here is a country finally emerging from three decades of disinflation and reinvestment is finally paying off and that weak yen also helps a lot really something to see. it's good to see somebody else besides the united states doing well on an investment basis. >> we'll talk in a bit. >>> the next hour, ceo of synopsis on "money movers" continues in a moment. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'
this owns all the big traditional companies, honda, toyota, as well as softbank.x months as people have sensed what's been going on if you want a market cap -- a weighted for currency, look at the wisdom tree. this hedges out currency effects. the bottom line here, carl, is here is a country finally emerging from three decades of disinflation and reinvestment is finally paying off and that weak yen also helps a lot really something to see. it's good to see somebody else besides the united...
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Feb 14, 2024
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this is important to note, because softbank owns roughly 80% of arm shares.hort positions and more of a swing when you have low liquidity. other under the radar names, monolithic power systems, over 22%. i cry holdings, which makes fluids for semi cap equipment, allegro microsystems, which makes power integrated circuits, up 19%, also outperforming nvidia. the bottom line, not only are these stocks outperforming the market, but are trading over their historical average for the period, because investors are hungry for ai. anything. anything ai. many feel like they can't get into nvidia given its current price. let's see the externals. that's why we have monolithic and all of the other names. >> christina, we will take a deeper dive on the chips stocks. let's bring in matt bryson. good to have you with us. give us three names in the chip world that aren't nvidia that you like. >> i, certainly, like -- i think they have set themselves up as the second nvidia. >> amd? >> yes, mba. because they are working off a lower revenue base. it is easier for them to grow of
this is important to note, because softbank owns roughly 80% of arm shares.hort positions and more of a swing when you have low liquidity. other under the radar names, monolithic power systems, over 22%. i cry holdings, which makes fluids for semi cap equipment, allegro microsystems, which makes power integrated circuits, up 19%, also outperforming nvidia. the bottom line, not only are these stocks outperforming the market, but are trading over their historical average for the period, because...
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Feb 12, 2024
02/24
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the lock-up expires on march 12th, which would mean more active volatility should softbank truth -- choosek you. not to christine, thank you. >> snap shares at 5% after the company announced the s.e.c. filing, entering into a privately negotiated debt buyback. the company's buyback, approximately 100 million dollars worth of convertible senior notes next year. another nearly $340 million for us to on the following year. the straight -- moving to lower snaps debt obligations as a sign that the company is improving -- but the shares are still down about 30% after the past week after the company reported that lower than expected. revenue and revenue guidance in its quarterly earnings report last tuesday. scott? >> julia, appreciate you. thank you. about one minutes ago in the session as we turn back to mike santoli. you have cpi? it has december to move on, roads but we have an idea of what we have. >> you have built up the confidence that that's where we're going. one number doesn't really depend that. on the other hand, the market generally is feasting off of this good news. a lot of idea t
the lock-up expires on march 12th, which would mean more active volatility should softbank truth -- choosek you. not to christine, thank you. >> snap shares at 5% after the company announced the s.e.c. filing, entering into a privately negotiated debt buyback. the company's buyback, approximately 100 million dollars worth of convertible senior notes next year. another nearly $340 million for us to on the following year. the straight -- moving to lower snaps debt obligations as a sign that...
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Feb 8, 2024
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another winner is softbank, which spun off arm and is 90% of the vote.ch conglomerate posted strong december quarterly helping its shares. it's walked into the arm boat until march 12th. expect some volatility until that date. arms free flow, the amount for all of us to trade, is less than 10%. 10% available to the public. >> thank you. now to kate rooney with more on what is driving paypal's sharply lower today. >> it is the worst performer in the s&p. is forecast is the big disappointment around earnings. alex chris spent the bulk of the earnings call describing what he called a transition year. paypal fazes a lot more competition and is in a slowdown in accounts. they were conservative on the guide. analysts are lowering their price record. the average eps came down 5% today. chris told us back in january that paypal would shock the world with the product sweep. the later fell flat. paypal needs to go to build the back track record of delivering on our commitments. as wells fargo put it, turning around the titanic that is paypal will be no small feat.
another winner is softbank, which spun off arm and is 90% of the vote.ch conglomerate posted strong december quarterly helping its shares. it's walked into the arm boat until march 12th. expect some volatility until that date. arms free flow, the amount for all of us to trade, is less than 10%. 10% available to the public. >> thank you. now to kate rooney with more on what is driving paypal's sharply lower today. >> it is the worst performer in the s&p. is forecast is the big...
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Feb 8, 2024
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and softbank -- >> flat for the year until yesterday. >> precisely.'s because people were sleeping on it. they didn't see it as an a.i. beneficiary, and then all the sudden they realized. >> and video sucks all the energy out of the room. >> we talk about a lot, it is the number one. >> do we talk about it a lot here? no. -- >> 51 bucks a share. what is it now, 600? >> it's not there yet. but it's definitely in the double triple range. >> isn't it crazy though, in video tried to buy arm for 40 billion. >> all right, thanks. good, glad we got the arm -- two arms. the super bowl circa 2024, huge money on the line this sunday. we are talking off the field and on the books. further ahead we'll speak to the ceo of cirs orbo, 'lbe right back. first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a
and softbank -- >> flat for the year until yesterday. >> precisely.'s because people were sleeping on it. they didn't see it as an a.i. beneficiary, and then all the sudden they realized. >> and video sucks all the energy out of the room. >> we talk about a lot, it is the number one. >> do we talk about it a lot here? no. -- >> 51 bucks a share. what is it now, 600? >> it's not there yet. but it's definitely in the double triple range. >> isn't it...
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Feb 13, 2024
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that's because softbank owns 90% of shares.e'll see what happens -- stuart: when a stock the doubles in a week, i don't have the stomach to buy into it. lauren: but what if they're the next nvidia? stuart: what if, what if? lauren: the lionel messi of a.i.? [laughter] stuart: speaking of chipmakers, oh, here we go, nvidia is down $14, but somebody is bullish on them. there are some very high price targets. lauren: yes. now 825, that was an increase of $200. did you know that nvidia tried to buy arm in 2022, but federal regulators say no, no, no, no. but they were on to something even back then. do you touch nvidia even though it's down today at $709? stuart: are you asking me? if. lauren: in general. their sales are expected to increase 60% this year. that's great. they trade at, i'm getting technical, 35 times 2024 earnings expectations, but the s&p 500 trades at 20 times that. so i'm saying it's not a cheap stock. but is it a growth stock? yes. is it also a value stock? do you hold it thinking, yes, it's the easily going to $
that's because softbank owns 90% of shares.e'll see what happens -- stuart: when a stock the doubles in a week, i don't have the stomach to buy into it. lauren: but what if they're the next nvidia? stuart: what if, what if? lauren: the lionel messi of a.i.? [laughter] stuart: speaking of chipmakers, oh, here we go, nvidia is down $14, but somebody is bullish on them. there are some very high price targets. lauren: yes. now 825, that was an increase of $200. did you know that nvidia tried to buy...
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Feb 22, 2024
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reconstructing the japanes economy a little bit, and help with the ai business remember you've got softbank and the primar owner of arm that is doing really well. and some other big things over there, and one of the big global retail names that have bee doing really well. >> remember buffett bet on a bunch of buying and a bunch of brokerages and the brokerage stocks over there. early when no one was really talking about what was going o in japan, of course, they have their earnings in the annual this weekend, so maybe that' topical and interesting as you say it is hitting a new high >> tokyo electron, which doesn't trade here, but one of the big semiconductor companies that compete with the applied materials over the world and the point is we ca reconstruct our economy 34 years though to get to a new high from the s&p hitting new highs ever single day >> better late than never. >> imagine waiting 34 years fo a new high in the s&p 500. i don't think we would do that >> do you feel like what happened after the bel yesterday was one of those moments where nvidia, you know it was binary for may
reconstructing the japanes economy a little bit, and help with the ai business remember you've got softbank and the primar owner of arm that is doing really well. and some other big things over there, and one of the big global retail names that have bee doing really well. >> remember buffett bet on a bunch of buying and a bunch of brokerages and the brokerage stocks over there. early when no one was really talking about what was going o in japan, of course, they have their earnings in the...
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Feb 21, 2024
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big move coming through, and that really contrasts what we are seeing in the likes of softbank, for instance. that is what has been leading japan stocks lower so far. tsmc seeing weakness. again, that nvidia story. let's get more analysis with our mliv strategist. given that we are seeing that positivity coming back into the china story so far in the early moments of trade, what is driving that, do you think, exactly? given that we are still seeing the csi 300 under pressure. >> at a lot of what we are seeing with the china markets is a very similar daily routine where we start off a little bit weaker. we get etf buying and in the afternoon and that sort of props up the markets. then we see the same routine happen the next day. of course, investors might be a little more on the fence in terms of waiting etf buying, so not dragging the index down to much lower because we have seen a lot of support from what we describe as the national team coming in and propping up the markets. that could keep investors on the sidelines, but the key thing here, especially with this increase in fighting is tha
big move coming through, and that really contrasts what we are seeing in the likes of softbank, for instance. that is what has been leading japan stocks lower so far. tsmc seeing weakness. again, that nvidia story. let's get more analysis with our mliv strategist. given that we are seeing that positivity coming back into the china story so far in the early moments of trade, what is driving that, do you think, exactly? given that we are still seeing the csi 300 under pressure. >> at a lot...
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Feb 27, 2024
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a number of important players backing including softbank.here's the expectation they have the wherewithal. >> i don't know that jonathan kantor feels -- i explained this to rodney mcmullen, the ceo of kroger, the one thing that kantor and khan have in common, they feel these deals sell when you carve off and say, we've taken care -- they've said point-blank, jim -- well, i don't speak to khan. but, jim, this kind of deal wasn't fly. this is a deal we're going to block no matter what. i think a judge might say, you know what? they've been pretty rigorous about this, and the law says that you can't have something that fails. it's got to be -- look, this is not -- >> how big a setback is this for rodney mcmullen, at kroger they continue to say their long track record is producing prices. invested 5 billion to lower prices in the last 20 years or so. they continue to talk about this. if, in fact, as many of us anticipated, the time it was announced that it does go by the wayside because a judge agrees with the ftc, how big a setback? >> it's a b
a number of important players backing including softbank.here's the expectation they have the wherewithal. >> i don't know that jonathan kantor feels -- i explained this to rodney mcmullen, the ceo of kroger, the one thing that kantor and khan have in common, they feel these deals sell when you carve off and say, we've taken care -- they've said point-blank, jim -- well, i don't speak to khan. but, jim, this kind of deal wasn't fly. this is a deal we're going to block no matter what. i...
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Feb 12, 2024
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there's very small float because softbank was locked up. >> yes, there's small float.here was certainly -- that was incredible, that 60% one-day move, roughly, but back to the overall thesis, though. i mean, so, he's selling super computers around the world, you know, the idea that you're a sovereign, you need this as well. we know how many fabs are going to potentially be built. i don't know. do the inventories of these chips ever get too big? >> you always thought intel would supply the world. they had the x-86, and their whole goal was to make it so everybody could have a pc. but the one thing that i never thought of was that, well, does l lithuania need a.i.? mexico, a.i.? i guess, yeah, but countries aren't rich enough. countries aren't as rich as meta. countries aren't as rich as microsoft. >> they are in the region he's in right now. >> well, that's true. they can be -- oh, so you're saying, when he's at a place that can afford it, he's in sales mode? >> i think you're in sales mode everywhere. i'll tell you what got attention on friday was asml, amat, when we'l
there's very small float because softbank was locked up. >> yes, there's small float.here was certainly -- that was incredible, that 60% one-day move, roughly, but back to the overall thesis, though. i mean, so, he's selling super computers around the world, you know, the idea that you're a sovereign, you need this as well. we know how many fabs are going to potentially be built. i don't know. do the inventories of these chips ever get too big? >> you always thought intel would...
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Feb 9, 2024
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softbank controls most of the shares. they're not a seller at this point. think the lock-up is soon. >> mid-march. march 13th. >> why would you think it was not, in part, a short squeeze? a 60% move. come on. >> you clearly did not watch my show from last night. >> i did not watch your show. >> where i talked about how you have to take some profits because when the lock-up expires, the stock is going to go down because there was not enough supply and that's why the stock was driven higher. >> okay. because yesterday, you said it wasn't a short squeeze, so you revised your opinion. >> i didn't think that, unlike disney, it would -- disney just kept going higher. i thought arm would stop, and arm did not stop, but there was no indication yet that there might be a sweetheart lock-up ending, and i also want to know, remember, there's these anchored tenants that they brought in, and a lot of hedge funds thought they were phony, and instead, have made a lot of money. intel is an anchor tenant. >> they were. i had forgotten about that. very profitable. talking abo
softbank controls most of the shares. they're not a seller at this point. think the lock-up is soon. >> mid-march. march 13th. >> why would you think it was not, in part, a short squeeze? a 60% move. come on. >> you clearly did not watch my show from last night. >> i did not watch your show. >> where i talked about how you have to take some profits because when the lock-up expires, the stock is going to go down because there was not enough supply and that's why the...
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Feb 20, 2024
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a short squeeze of incredible proportions as does the arm quarter because of the whole back of the softbank and a couple of pillar investors that really aren't selling. but, yeah, can jensen deliver? let's put it this way, if anyone can deliver, it would be jensen. jensen has been proselytizing. the speed of the next gen -- look, the next gen is when we are replaced. >> let's hope the next gen isn't coming any time soon. >> i think it happens. i think other than mahomes and andy reid, everybody is vulnerable. >> we didn't get to the deal of the morning. we'll get to that. shantanu shantanu will join us, the ceo of adobe. he'll break down his company's new ai feature. porket reacting to walmart, det, a lot of other things, too. more "squawk on the street" straight ahead. rock star? what do you know about rock stars? billy idol? i mean where's the skin-tight leather? my shoes are leather. where's the unnecessary zippers? that thing! billy, rock star is just how doug feels when he uses workday. thanks, rory. i'll show you rock star! be a finance and hr rock star. workday. for a changing world.
a short squeeze of incredible proportions as does the arm quarter because of the whole back of the softbank and a couple of pillar investors that really aren't selling. but, yeah, can jensen deliver? let's put it this way, if anyone can deliver, it would be jensen. jensen has been proselytizing. the speed of the next gen -- look, the next gen is when we are replaced. >> let's hope the next gen isn't coming any time soon. >> i think it happens. i think other than mahomes and andy...
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Feb 26, 2024
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. >> it's more the stuff, tiger, d-1s own that would love to see the come public, and/or softbank. >>lymkay. call them during the break. >> arm shares are up again today. >> rosenblatt goes to $180 on arm. >> yes. and i know. that's -- rene haas is brilliant, and that's very positive piece. david, you haven't talked about the notion of the short sellers. >> look at arm today. there's no float. it moves. >> how are the short sellers doing in their day-to-day lives in china? what's that like? >> i don't know, jim. >> you've been to china. just a door knock in the middle of the night. >> here we go again with this. with the whole -- >> antagonizing the prc? >> what is it with you? what part of your brain needs to always go to the fact that they don't like short sellers in china? >> my medulla oblangata. also my vagus nerve. >> i can see it pulsating. >> i'll put an ice bag on it after. >> evercore goes to $220. we have talked a lot about bezos selling, zuckerberg selling, dimon selling. he'll be asked about that today. >> all these people have a right to sell. they've really had a big ru
. >> it's more the stuff, tiger, d-1s own that would love to see the come public, and/or softbank. >>lymkay. call them during the break. >> arm shares are up again today. >> rosenblatt goes to $180 on arm. >> yes. and i know. that's -- rene haas is brilliant, and that's very positive piece. david, you haven't talked about the notion of the short sellers. >> look at arm today. there's no float. it moves. >> how are the short sellers doing in their...
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Feb 13, 2024
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it's roughly 90% controlled by their larger single shareholder by far, softbank, which they're marking up their position, things are looking good for them. this is a company that came public, to remind people, at 51 bucks a share. to jim's point, it hit almost 160 bucks yesterday on what appears to be certainly the optimism coupled with the course of float that is very small and a large potential short position in there, jim, that has sent this thing up dramatically. i don't know, though. sometimes these things hang in there a lot longer than you think. the lockup expires on march 12th. now, i've asked renee, you've asked as well. i remember talking to massa about it when the company went public oovps. he said i want to keep as much as pos as long as possible. >> right. that's kept what i think you and i thought was natural, which is an accelerated end of the lockup in order to be able to meet demand and not have the crazy frenzied trading that i think makes people say this stoshth is not a place i want to put my money. i think rene did a great job. possible the stocks should be as hig
it's roughly 90% controlled by their larger single shareholder by far, softbank, which they're marking up their position, things are looking good for them. this is a company that came public, to remind people, at 51 bucks a share. to jim's point, it hit almost 160 bucks yesterday on what appears to be certainly the optimism coupled with the course of float that is very small and a large potential short position in there, jim, that has sent this thing up dramatically. i don't know, though....