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May 1, 2018
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hi, aditi. >> hi there.f oracle great to have you with us. >> great to be here. >> since yothat release, your stock is down. some are worried that it's not going to the cloud early enough. some investors are selling stocks how do you respond to those critics? >> it's about growing revenue. that's important particularly on ecosystems ecosystem early in the year i made a statement that we would grow at double digits in the revenue for the full year. that, for us, is all of our applications business. that will happen and our tech ecosystem which, for us, is database, middleware, all that part of our company, has been gaining a little bit of share. we feel good about our performance, relative, certainly, to the market and certainly that's translated for us in big earnings performance. our earnings year to date -- i don't have a number, aditi, off the top of my head but it's 12 months earning per share performance. we feel good about the performance. >> want to drill down on your sass business. in your q4 earning
hi, aditi. >> hi there.f oracle great to have you with us. >> great to be here. >> since yothat release, your stock is down. some are worried that it's not going to the cloud early enough. some investors are selling stocks how do you respond to those critics? >> it's about growing revenue. that's important particularly on ecosystems ecosystem early in the year i made a statement that we would grow at double digits in the revenue for the full year. that, for us, is all of...
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May 8, 2018
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aditi roy is in los angeles with more aditi?rter: hi there, jon this is what a passenger cabin in a flying car could look like. this particular model is made by bell, one of uber's flying partners there's plenty of room here, leg space for my bag, ipad in front of me. it can launch its air platform and is poised to do so by 2023 it would work just like when you call an uber on your phone app go into the phone app. eventually there will be an option for uber aerial hit that option, head to your nearest sky port where you will find up to 200 vertical takeoffs and landings taking place. they will be standalone buildings or existing ones like shopping malls flying taxis will be hovering about 1,000 to 2,000 feet above ground, lower than a helicopter, and fully electric powered each taxi can do up to 60 miles on a single charge piloted at the beginning but eventually autonomous. company ceo agrees it's an ambitious goal. >> ambition is what has created this company from the very beginning. part of what made this company great is that
aditi roy is in los angeles with more aditi?rter: hi there, jon this is what a passenger cabin in a flying car could look like. this particular model is made by bell, one of uber's flying partners there's plenty of room here, leg space for my bag, ipad in front of me. it can launch its air platform and is poised to do so by 2023 it would work just like when you call an uber on your phone app go into the phone app. eventually there will be an option for uber aerial hit that option, head to your...
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May 30, 2018
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we're just moments away from amazon's shareholder meeting, and aditi roy is live in seattle, joins usf what to expect aditi. >> hi, there we're just moments away from jeff bezos addressing the shareholders, but outside here, a growing group of protesters. they're demonstrating on a number of topics and among some of the demonstrators out here just moments ago before he ducked in was the reverend jesse jackson let's show you video of him before he ducked into the shareholders meeting he talked about how important it is and how heartened he was to see amazon adopting a policy to increase diversity on its board. he also said it's not right for president trump to criticize amazon this in response to president trump's recent tweets about amazon which have called the bezos owned "washington post" amazon's chief lobbyist and also said amazon is costing the u.s. post office massive amounts of money. that's not all among the protesters we expect to see here today are contract pilots that fly for amazon air you might remember they were also protesting at last year's shareholder meeting. those p
we're just moments away from amazon's shareholder meeting, and aditi roy is live in seattle, joins usf what to expect aditi. >> hi, there we're just moments away from jeff bezos addressing the shareholders, but outside here, a growing group of protesters. they're demonstrating on a number of topics and among some of the demonstrators out here just moments ago before he ducked in was the reverend jesse jackson let's show you video of him before he ducked into the shareholders meeting he...
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May 26, 2018
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aditi roy h the details. >> amazon's alexa devices are in 40 milomes across the couny. their jo to always be listening for voice prompts. but in what amazon is calling an unlikely chain ofevents, an amazon echo device inside a home of a rtland,oregon, couple accidentally recorded their private conversation and then sent the audio file to a phone contact. the story is unsettling to echo customers, like alyssa chu. >> that's not what i would intend it to be used for. >> i pretty surprised. that sounds like a lot of mistakes to happen. >> reporter: according to amazon, echo woke up due to a word in background conversation sounding like alexa. then the subsequent conversation was heard as a send message request at which point alexa said to whom. at which point the background conversation was interpreted as a name in the customer's contact list. >> i think this will have ramifications for people's trust vel for alexa and other in-home devices. the creepy factor on this is huge. lr>> reporter: amazon isdy in a battle for market share in the home speaker category, a i soustry
aditi roy h the details. >> amazon's alexa devices are in 40 milomes across the couny. their jo to always be listening for voice prompts. but in what amazon is calling an unlikely chain ofevents, an amazon echo device inside a home of a rtland,oregon, couple accidentally recorded their private conversation and then sent the audio file to a phone contact. the story is unsettling to echo customers, like alyssa chu. >> that's not what i would intend it to be used for. >> i pretty...
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May 12, 2018
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aditi r is in berkeley, california, for us tonight. >> reporter: robots are lirally running circles aroundans. causing their heads to spin. >> robotics is just running away with technology. >> reporter: boston dynamicssp r ini robot was the s attraction at the robotic session's crence at uc berkeley. the robotics company release this video, showing the four-legged machine running up and down stairs and dodging objects. its two-legged companion, the atlas, jogging around the neighborhood. the increasing agility of robots is transforming industries like agriculture. cambridge-based softic rob uses pliable robotic arms in its machines, packing delicate items like eggs and picking tomatoes off trees.hi whiles automated harvester plucks strawberries, itsyeing tested driscolls, the largest berry distributor in the world. john deere is investing heavily, automating tractors and combines, which are outfitted with computer vision technology. >> like facial recognition, it goes through the field, and identitiesee versus crops. >> reporter: the head of john deere lab says itse also addr the labor sho
aditi r is in berkeley, california, for us tonight. >> reporter: robots are lirally running circles aroundans. causing their heads to spin. >> robotics is just running away with technology. >> reporter: boston dynamicssp r ini robot was the s attraction at the robotic session's crence at uc berkeley. the robotics company release this video, showing the four-legged machine running up and down stairs and dodging objects. its two-legged companion, the atlas, jogging around the...
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May 17, 2018
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we have aditi roy and josh lip ton.ti, let's kick it off with you. >> reporter: hi, melissa shares of nordstrom down more than 6.5% after a big miss on comp store sales the q1 comp store sales were up .6% that's missing analyst expectations of plus 1.1%. the company's net sales increased 5.8% which they partly attributed to moving a loyalty rewards event into the first quarter this year. nordstrom also increased its digitally enabled sales by 18% the company's cfo ann braman talked about the strategic focus this year. >> as we shared in last quarter's call, we expect 2018 to be an inflection point based on the following drivers we've made generational investments in canada and manhattan and through our acquisitions of coke look and trump club we anticipate operating improvements as these businesses scale. we're also benefitting from productivity gains as a result of foundational investments in our capabilities >> reporter: some other notable points, the company just opened a flagship men's store in new york city and int
we have aditi roy and josh lip ton.ti, let's kick it off with you. >> reporter: hi, melissa shares of nordstrom down more than 6.5% after a big miss on comp store sales the q1 comp store sales were up .6% that's missing analyst expectations of plus 1.1%. the company's net sales increased 5.8% which they partly attributed to moving a loyalty rewards event into the first quarter this year. nordstrom also increased its digitally enabled sales by 18% the company's cfo ann braman talked about...
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May 23, 2018
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aditi. >> hi, there, david.ectric scooters like this one seem to be takingobe cities like here in san francisco to los angeles, even d.c., and some cities in between. they could be coming to a city near you because they're spreading like wildfire. i want to show you how it works. you take a phone app, unlock it by scanning, and then you can see it is dockless it's not attached to anything so you can pick it up and drop it off wherever you want. with all the hype has come headaches from city officials. a lot of money is pouring into the space, including from investors like andriessen horowitz uber and lyft are also reportedly interested in getting into the craze, but check out some of these pictures which show the other side of things, too. scooters have been vandalized, tossed into the crash because they're scattered all over the streets. a lot of people saying they're a road hazard as well. here in sf, companies with apply for permits as early as this week with city officials come out with applications, even th
aditi. >> hi, there, david.ectric scooters like this one seem to be takingobe cities like here in san francisco to los angeles, even d.c., and some cities in between. they could be coming to a city near you because they're spreading like wildfire. i want to show you how it works. you take a phone app, unlock it by scanning, and then you can see it is dockless it's not attached to anything so you can pick it up and drop it off wherever you want. with all the hype has come headaches from...
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May 24, 2018
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back to you. >> so aditi, this is very curious, because what actually -- what happened was that a transcriptically of this family's conversation was sent to one of the contacts in their address book, correct? and so presumably. >> exactly. >> if there is a transcript generated from the conversation, the background noise could also, i would think be transcribed as well is there proof that what amazon said happened actually happened based on that transcript >> that all has to be sorted out obviously. >> yeah. >> in that report, the couple says that they asked the person who called how do you know that -- how do you know that we heard it and he mentioned details from the conversation about like their carpet or flooring or something in their home. so they seem to have proof that this guy really heard what they said and it is interesting to note in this statement, melissa, that they mentioned that amazon -- alexa did say outloud a couple of times prompts at which point, you know, alexa seemed to hear the correct prompts to then spur the actions. so it seems like there might have been -- it's real
back to you. >> so aditi, this is very curious, because what actually -- what happened was that a transcriptically of this family's conversation was sent to one of the contacts in their address book, correct? and so presumably. >> exactly. >> if there is a transcript generated from the conversation, the background noise could also, i would think be transcribed as well is there proof that what amazon said happened actually happened based on that transcript >> that all has...
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May 30, 2018
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aditi roy in seattle with the highlights >> that's right. amazon ceo jeff bezos spoke to shareholders today fielding questions on topics ranging widely this as many were outside protesting amazon. one shareholder asking bezos about some of the challenges amazon has faced in the last year or so from the eu backlash to president trump's critiques of amazon. are they the price of a company that's paying for getting this big? bezos responding inside amazon we talk about this i say we are a large corporation. we deserve to be inspected don't take it personally he added, we have to conduct ourselves in such a way so when we are scrutinized, we pass with flying colors. another shareholder asking bezos about the company's growth plans and areas that they might move the needle in the future to that bezos responded they're hopeful they'll find their fourth pillar that will work alongside prime, marketplace, and aws core businesses. he says that amazon india, prime video, and alexa could be needle movers in the future he said we have a lot of positive
aditi roy in seattle with the highlights >> that's right. amazon ceo jeff bezos spoke to shareholders today fielding questions on topics ranging widely this as many were outside protesting amazon. one shareholder asking bezos about some of the challenges amazon has faced in the last year or so from the eu backlash to president trump's critiques of amazon. are they the price of a company that's paying for getting this big? bezos responding inside amazon we talk about this i say we are a...
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May 16, 2018
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you guys >> thank you, aditi. >> i can't help but think when you talk about application of blockchainthis make the argument for blockchain when it comes to collectibles as well we'll hear much more about that. when we return, more on what the supreme court's ruling on sports betting means for your taxes >> more "squawk alley" coming up after this >>> states already racing to capitalize on sports gambling following the supreme court decision clearing the way just earlier this week. our eric chemi joins us with more eric >> that's right. one of the big reasons why a lot of people wanted this to get legalized is because of all the state and local and federal tax money that was going to come in to these cash-strapped government budgets, buttocksferred economics were commissioned by the gaming commission they projected $3.4 billion in state and local tax revenue and about $5 billion in federal tax revenue. that's just a tiny bump relative to the $5 trillion that's already raised in taxes anyway that's really not going to move the needle consider new jersey, where that's leading the way thi
you guys >> thank you, aditi. >> i can't help but think when you talk about application of blockchainthis make the argument for blockchain when it comes to collectibles as well we'll hear much more about that. when we return, more on what the supreme court's ruling on sports betting means for your taxes >> more "squawk alley" coming up after this >>> states already racing to capitalize on sports gambling following the supreme court decision clearing the way...
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back to you, melissa. >> thank you very much aditi we said before one of the traders was an uber bull and i'm guessing that it's sieberg. >> guessing? come on. at $150 we talk about -- >> you hated it now you love it. >> pull the tapes. loved it at $150 i'm not chasing at these levels, running out and buying the stock aggressively i'm buying any pullback however i do think this will clean up fine for them. it's a show me story for next quarter. look, this company is growing earnings at 40% this year and i think 25% next year. that might be low. it is a really compelling story. growth backdrop is strong. i do believe minimal effect on advertisers swaying away from the platform. >> maybe for now i have to tell you, i want to be clear. i think the european regulators are so far ahead of the rest of the world, especially those here gdpr is a model we'll be following here if you don't pay attention to this you'll have trouble if you don't look at evaluations of the company through the lens of how are they protecting your data, how important is software and core business, i think we're in a
back to you, melissa. >> thank you very much aditi we said before one of the traders was an uber bull and i'm guessing that it's sieberg. >> guessing? come on. at $150 we talk about -- >> you hated it now you love it. >> pull the tapes. loved it at $150 i'm not chasing at these levels, running out and buying the stock aggressively i'm buying any pullback however i do think this will clean up fine for them. it's a show me story for next quarter. look, this company is...
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May 23, 2018
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roy is live in san francisco with the story hi, aditi. >> hi, melissa that's right electric scooterske here in san francisco, l.a., d.c they could be coming to a city near you part of the appeal is they're so ease to use. you use your phone app and unlock the device using your phone here it's easy to pick up and drop off wherefore you go but with the convenience also comes some headaches for city officials. electric scooters might be convenient for some, but check out these social media pictures. scooters vandalized, tossed in the trash, even up in a tree in san francisco, city officials will soon require companies to apply for permits as early as this week. despite those road blocks, money is pouring in. investors include andreessen horowitz uber and lyft are considering entering the market. there are three companies behind the idea bird spin's cofounder also worked at lyft and lime the competition is fierce so they're making a land grap fb f market share and who's making the money off of it? for one, the chinese company that manufacture most of these e-scooters back to you guys >>
roy is live in san francisco with the story hi, aditi. >> hi, melissa that's right electric scooterske here in san francisco, l.a., d.c they could be coming to a city near you part of the appeal is they're so ease to use. you use your phone app and unlock the device using your phone here it's easy to pick up and drop off wherefore you go but with the convenience also comes some headaches for city officials. electric scooters might be convenient for some, but check out these social media...
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May 9, 2018
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sectors are likely to feel the heat from those twin threats >>> in sunny fremont, california, i'm aditi roy. as the golden state gets closer to forcing home builders to install solar power. is the government going too far? >>> i'm meg tirrell reporter on a life saving allergy medicine >>> plus big earnings after the bell and why one tech titan is going to let you think again before you let your kid play with your phone. i'm kelly evans and "the closing bell" starts right now >>> welcome to "the closing bell," everybody we'll get to all those stories in a moment. but first a check on the markets. dow up 185 points right now. we were up 226 at the highs. we are on pace for our fifth straight day of gains. >> let's get to bob pisani on the moves. >> something important is happening. we are breaking out of a range here look here. this is the daily chart, middle of the day all of a sudden we move up why is this happening. because that 26/80 range was important. that breaks a down trend for the last three months, we've been talking about lower highs in the market. just put that up here. you'l
sectors are likely to feel the heat from those twin threats >>> in sunny fremont, california, i'm aditi roy. as the golden state gets closer to forcing home builders to install solar power. is the government going too far? >>> i'm meg tirrell reporter on a life saving allergy medicine >>> plus big earnings after the bell and why one tech titan is going to let you think again before you let your kid play with your phone. i'm kelly evans and "the closing bell"...
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May 10, 2018
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if passed, it would go into effect in for "nightly business report," i'm aditi roy, fremont,ca fornia. >>> it is time to take a look at some of today's upgrades and downgrades. semiconductor stocks were in focus where the shares of xylinx were updated to thduced. price target was raised to $70 and the stock rose 1% to $68. $68.43. the same firm downgraded broadcom from neutral to buy. it cites a worse thand anticipaoutlook for demand. the price cut from $250. the sck fell slightly to $238.05. >>> meantime, check point' software rating was downgraded from hold to buy at ardis research. arch cite execution re related to sales. it cuts the earnings ratings this year to next. sharesdged lower to $99.80. >>> monster beverage was wngraded to neutral from overweight by jpmorgan. the analyst expects pressure to continue given the rise in input the price target was lowered to $52. the stock fell by 7% today to $49.11. >>> still ahead, ford is doing what no automaker wants to itdo. is halting production of its most profitable vehicle. >>> ford said late today it is halting all production of its
if passed, it would go into effect in for "nightly business report," i'm aditi roy, fremont,ca fornia. >>> it is time to take a look at some of today's upgrades and downgrades. semiconductor stocks were in focus where the shares of xylinx were updated to thduced. price target was raised to $70 and the stock rose 1% to $68. $68.43. the same firm downgraded broadcom from neutral to buy. it cites a worse thand anticipaoutlook for demand. the price cut from $250. the sck fell...
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May 25, 2018
05/18
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roy has that story aditi?ing it was a highly improbable but not impossible series of events which led to an echo device recording the private conversation of a portland, oregon, couple, and then sending that conversation to a phone contact the company saying the couple's alexa device mistook certain words in a background conversation as voice commands this is from the company's statement. it started out when the couple's echo was triggered due to a word in background conversation sounding like alexa. then the subsequent conversation was heard as a send request message request. it didn't end there. the company saying that the alexa device even asked the couple to home and interpreted a name in the background as a name in the husband's contact list. they're saying this shouldn't happen again, but there are privacy concerns about consumers worried about the pitfalls of being too connected in the home. amazon's hold on the home market could be slipping, saying amazon dominates two-thirds of the market but projects
roy has that story aditi?ing it was a highly improbable but not impossible series of events which led to an echo device recording the private conversation of a portland, oregon, couple, and then sending that conversation to a phone contact the company saying the couple's alexa device mistook certain words in a background conversation as voice commands this is from the company's statement. it started out when the couple's echo was triggered due to a word in background conversation sounding like...
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May 9, 2018
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. >> aditi, thank you. >>> disney falling today after its earnings report. fox results out today. report could mean for the $60 billion bidding war for the company. power lunch is back right after this two minutes ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. the kayak explore tool shows you the places you can fly on your budget. so you can be confident you're getting the most bang for your buck. alo-ha. kayak. search one and done. but as it grew bigger and bigger,ness. it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. what's in your wallet? >>> here's what's on the menu. truck troubles ford could be forced to shut down one of the plants where the most popular truck is made what it could mean for sales and the bottom line. one money mana
. >> aditi, thank you. >>> disney falling today after its earnings report. fox results out today. report could mean for the $60 billion bidding war for the company. power lunch is back right after this two minutes ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq....
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adity w crisis, giuliani attempted to clarify saying in a statement, the payment was made letoga ronesdeolrve to pr the president's family. it would have been done or not. giuliani also seemed to walk back his claims that the pridurtdenynl oen cohen for the hush money. just two weeks ago, president trump offered a crystal clear denial. >> did you know about the $130,000 payment to stormy daniels? >> no what else? >> why did michael choen make it if there was no truth to her leal choen. michael is my attorney and you'll have to is ask michael. >> do you know where he got the money to make that payment? >> i don't know. >> reporter: reporters challenged him on those statements. >> mr. president, why did you change your story on stormy daniels? >> we're not changing any stories. all i'm telling you is that this country is right now running so smooth and to be bringing up that kind of crap and to be bringing it up, witch hunts all the time, that is all you want to talk about. excuse me, excuse me. you have to -- you take a look at what i said. you go back and take a look. you'll see what i
adity w crisis, giuliani attempted to clarify saying in a statement, the payment was made letoga ronesdeolrve to pr the president's family. it would have been done or not. giuliani also seemed to walk back his claims that the pridurtdenynl oen cohen for the hush money. just two weeks ago, president trump offered a crystal clear denial. >> did you know about the $130,000 payment to stormy daniels? >> no what else? >> why did michael choen make it if there was no truth to her...
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May 11, 2018
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. >>> as more jobs becomin automated, aditi roy is in california she's not a robot but is looking ate of them. >> hi, jon that's right here is how this works i throw in an apple into the bin. the machine uses vacuum technology to grasp it it's all part of uc berkeley's auto lab research center on robots we'll hear from one of the most highly anticipated speakers at highly anticipated speakers. the ceo of boston dynamics the softbank owned company just released really interesting video of its robot taking a jaunt around the neighborhood and also jumping over a log. it also released video of its four-legg four-legged bot, the spot mini running around offices, dodging obstacles and going up and downstairs jeff bezos is a big fan, the amazon ceo tweeted a picture captioned taking my new dog for a walk while they might seem like they would be at home in an amazon fulfillment center, we caught up with a start-up that's focused on the fulfillment dhl is one of their cliernts they make robots that can be autonomous, can get up and running in eight hours, which is very little time in that wor
. >>> as more jobs becomin automated, aditi roy is in california she's not a robot but is looking ate of them. >> hi, jon that's right here is how this works i throw in an apple into the bin. the machine uses vacuum technology to grasp it it's all part of uc berkeley's auto lab research center on robots we'll hear from one of the most highly anticipated speakers at highly anticipated speakers. the ceo of boston dynamics the softbank owned company just released really interesting...
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May 2, 2018
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and aditi roy will have fitbit results.those earnings start to cross. joining me now is senior markets commentator michael santoli alongside sarat sethi. welcome, everybody leading the dow today was apple with about a 5% gain after earnings yesterday i'd call it 4.5% verizon down 2%. aptive was the big gainer. and unum group lagged. we talked about earnings season how there was so much anticipation of strong profits and the market had kind of started to find its footing. and then now lately, even today it was really just the last hour that things fell apart >> taking aggregate good numbers for granted. it's not an encouraging pattern. you have this heaviness later in the day. but i also think it's mostly sideways it says to me it's more of a confused churning market more than one that is particularly fearful you know, even with the selloff in the afternoon, it wasn't like there was an urgency to the selling. it was very kind of measured i don't say that to say it doesn't mean anything, but it doesn't change the pattern very
and aditi roy will have fitbit results.those earnings start to cross. joining me now is senior markets commentator michael santoli alongside sarat sethi. welcome, everybody leading the dow today was apple with about a 5% gain after earnings yesterday i'd call it 4.5% verizon down 2%. aptive was the big gainer. and unum group lagged. we talked about earnings season how there was so much anticipation of strong profits and the market had kind of started to find its footing. and then now lately,...
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May 17, 2018
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aditi roy has the story. >> for several hours last night, nest users were locked out from their devices were sleeping. while people could still use their smart devices manually, customers were unable to control their locks, thermostats, cameras, doorbells and smoke detectors remotely on the app or the web. the company says it was a network issue saying the problem temporarily prevented nest customers from accessing devices using the nest app the nest support team tweeted about the outage starting around 11:30 p.m. eastern time last night, by 2:30 eastern time, the company said the issue had been resolved nest has experienced similar outages in the past. one expert i talked to says it is just part of the territory as we become more connected but the bigger question, guys, is the vulnerabilities of these smart home devices while this case didn't affect the physical locks, it does open up a discussion about just how secure devices are >> aditi, i think a lot of people think, oh, burglaries, et cetera but if you live in the north where it is really cold and thermostat goes out, and you -- y
aditi roy has the story. >> for several hours last night, nest users were locked out from their devices were sleeping. while people could still use their smart devices manually, customers were unable to control their locks, thermostats, cameras, doorbells and smoke detectors remotely on the app or the web. the company says it was a network issue saying the problem temporarily prevented nest customers from accessing devices using the nest app the nest support team tweeted about the outage...
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May 14, 2018
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aditi roy is in san francisco with more. >> reporter: two big announcements in the industry today.bis company announcing it will be a medical marijuana company for $2.5 billion. this makes it the biggest deal yet between major canadian marijuana growers. the two companies plan to produce more than 570,000 kgs of cannabis per year. the deal comes two months before the expected legalization of marijuana for recreational use in canada. and the other big pot story today coming from aurora's rival canopy growth. it's applied to have its shares sold on the new york stock exchange. he told me they were considering selling shares on the nasdaq earlier this year but diverted its attention to its deal with constellation brands. they went with the new york stock exchange because it represents wall street and a quote, much more concentrated counter point to what we're doing. he also told me he's seen a quote massive confirmation of the credibility of our company and the sector even in the last few months among investors. the company has been expanding its international footprint with business
aditi roy is in san francisco with more. >> reporter: two big announcements in the industry today.bis company announcing it will be a medical marijuana company for $2.5 billion. this makes it the biggest deal yet between major canadian marijuana growers. the two companies plan to produce more than 570,000 kgs of cannabis per year. the deal comes two months before the expected legalization of marijuana for recreational use in canada. and the other big pot story today coming from aurora's...
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May 23, 2018
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thank you, aditi >>> and that is just about going to do it for "squawk alley." keeping an eye on hp enterprise. that stock is down 10% beat on the top and bottom lines, but not as much as people were hoping for in q1. >> a pretty good year so far, i believe. >> david, thanks for being with us we're going to toss it to the half >>> and welcome to the "halftime report." i'm scott wapner our top trade this hour, big money, big bet why some of the world's biggest investors are still bullish on stocks are new highs really in reach? with us to discuss and debate that is joe, josh, jon and pete mugerjanuary, and courtney gibson is here, the president of luke capital and a cnbc contributor. let's begin with the markets stocks pulling back for fourth time in five days. uncertainty over trade and north korea perhaps playing a role in that selloff but josh brown, we heard from carl icahn this week, lee cooperman, by and large, investors seem to think there's upside left in this bull market. >> a lot of investors, a lot of well known famed investors who focus predominantly
thank you, aditi >>> and that is just about going to do it for "squawk alley." keeping an eye on hp enterprise. that stock is down 10% beat on the top and bottom lines, but not as much as people were hoping for in q1. >> a pretty good year so far, i believe. >> david, thanks for being with us we're going to toss it to the half >>> and welcome to the "halftime report." i'm scott wapner our top trade this hour, big money, big bet why some of the...
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and aditi roy is in seattle with amazon aditi, we'll start with you. what to expect today >> about a hundred amazon shareholders are expected to gather in the building behind me later on this morning. they're going to be talking about a number of usual business items starting with the election of nine directors. they're also going to be talking about a number of shareholder proposals including one that would require that the chairman of the board be an independent director and to that point a group of protesters is also expected to be out here flying a plane with a banner reading, bezos needs a boss of course referring to the current chairman and ceo jeff bezos who just last month wrote a letter to shareholders saying -- announcing for the first time that amazon prime has more than 100 million subscribers. he's expected to talk to shareholders later today and also looking for more commentary on the company's plan for building up prime capabilities including any updates on that much anticipate d prime delivery service. we'll look to any response he has
and aditi roy is in seattle with amazon aditi, we'll start with you. what to expect today >> about a hundred amazon shareholders are expected to gather in the building behind me later on this morning. they're going to be talking about a number of usual business items starting with the election of nine directors. they're also going to be talking about a number of shareholder proposals including one that would require that the chairman of the board be an independent director and to that...
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May 11, 2018
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aditi roy is going to explain why old macdonald might have a robot. >> that's right.d between robots and agriculture and the use of automation on the farm. it's one of the big themes today at the robotics conference later on on campus one of the big companies in agriculture -- and they're testing out this robotic strawberry picker. it picks the fruit without bruising it which is critical to getting it into your home. that's where soft robots comes in as well that's a whole industry as well. the company is based in cambridge, massachusetts look at that it uses its robotic hands. look at the blue hands there to pick tomatoes off trees, pack eggs into cartons and chicken breasts into packages. finally john deere is also investing heavily into technology its combines and tractors are highly automated the machines also have built-in sensors to track the conditions as they go over the field. that allows the machines to better put down herbicide or fertilizer they also opened up new offices in san francisco where they are hiring software engineers. that happened last year. a
aditi roy is going to explain why old macdonald might have a robot. >> that's right.d between robots and agriculture and the use of automation on the farm. it's one of the big themes today at the robotics conference later on on campus one of the big companies in agriculture -- and they're testing out this robotic strawberry picker. it picks the fruit without bruising it which is critical to getting it into your home. that's where soft robots comes in as well that's a whole industry as...
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May 8, 2018
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but seems like a stretch, aditi. jetsons. maybe they got to make the little sounds too.w what i mean worked for them. up next -- thanks aditi. >>> why growth and cloud computing is giving one company a boost. take a look at futures 34 on the dow. 5.5 on the s&p i'm afraid if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if you'd have told me that i could afford... a gig-speed. a gig-speed network. it's like 20 times faster than what most people have. i'd of said... i'd of said you're dreaming. dreaming! definitely dreaming. then again, dreaming is how i got this far. now more businesses in more places can afford to dream gig. comcast, building america's largest gig-speed network. now more businesses in more places can afford to dream gig. a few problems actually. we've got aging roadways, aging power grids, ...aging everything. we also have the age-old problem of bias in the workplace. really... never heard of it
but seems like a stretch, aditi. jetsons. maybe they got to make the little sounds too.w what i mean worked for them. up next -- thanks aditi. >>> why growth and cloud computing is giving one company a boost. take a look at futures 34 on the dow. 5.5 on the s&p i'm afraid if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if...
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May 19, 2018
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was adity of it is this part of the logic known as the neutrally assured destruction, if you can get enough bombs and everyone is afraid for the trigger and it created a kind of stability within the world. but it was mad, mutually assured fromuction was mad and so the beginning, they have been talks about how to create a situation where you can begin to drop back down and one of the big accomplishments of that period was the signing of the nuclear nonproliferation treaty, then effort to bring back kind of escalation that had been going on for such a long time, and by the way, it wasn't always the big countries who were leading in that, ireland but for the first proposal for the u.n. general assembly back in 1961. everybody was really affected by that. something that we began to get a little bit of a hold on after 1968. host: you wrote a piece called the five myths of the cold war. who was our enemy during this period? guest: there was the soviet bloc, but there were numerous enemies. the united states and the soviet union ultimately, was the chief enemy, but there were smaller ones l
was adity of it is this part of the logic known as the neutrally assured destruction, if you can get enough bombs and everyone is afraid for the trigger and it created a kind of stability within the world. but it was mad, mutually assured fromuction was mad and so the beginning, they have been talks about how to create a situation where you can begin to drop back down and one of the big accomplishments of that period was the signing of the nuclear nonproliferation treaty, then effort to bring...
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May 13, 2018
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was adity of it is this part of the logic known as the neutrally assured destruction, if you can get enough bombs and everyone is afraid for the trigger and it created a kind of stability within the world. but it was mad, mutually assured fromuction was mad and so the beginning, they have been talks about how to create a situation where you can begin to drop back down and one of the big accomplishments of that period was the signing of the nuclear nonproliferation treaty, then effort to bring back kind of escalation that had been going on for such a long time, and by the way, it wasn't always the big countries who were leading in that, ireland but for the first proposal for the u.n. general assembly back in 1961. everybody was really affected by that. something that we began to get a little bit of a hold on after 1968. host: you wrote a piece called the five myths of the cold war. who was our enemy during this period? guest: there was the soviet bloc, but there were numerous enemies. the united states and the soviet union ultimately, was the chief enemy, but there were smaller ones l
was adity of it is this part of the logic known as the neutrally assured destruction, if you can get enough bombs and everyone is afraid for the trigger and it created a kind of stability within the world. but it was mad, mutually assured fromuction was mad and so the beginning, they have been talks about how to create a situation where you can begin to drop back down and one of the big accomplishments of that period was the signing of the nuclear nonproliferation treaty, then effort to bring...
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May 25, 2018
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aditi roy has more on that story for us >> david, it's a real talker amazon saying it is an unlikelyhat sparked that accidental recording the company says the portland, oregon, couple's alexa device mistook certain words in a background conversation as voice commands the company telling us echo woke up due to a word in background conversations sounding like alexa. then the subsequent conversation was heard as a send message request. at which point alexa said out loud to home at which point it was interpreted as a name in the customer's contact list. the recipient of that private recording was a business associate of the husband, according to a local tv station in seattle the company learned what happened when he called them up and told them he had audio files of their private conversation at home at first they didn't believe him but then he heard them talking about hardwood floors and the couple was stunned the company says it's trying to prevent this from happening again but it comes at a time when amazon's share of the home speaker market might be slipping while competitors are gai
aditi roy has more on that story for us >> david, it's a real talker amazon saying it is an unlikelyhat sparked that accidental recording the company says the portland, oregon, couple's alexa device mistook certain words in a background conversation as voice commands the company telling us echo woke up due to a word in background conversations sounding like alexa. then the subsequent conversation was heard as a send message request. at which point alexa said out loud to home at which...
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comes to interest rates, is it one and done for the fed for the rest of the year >>> in seattle, i'm aditi bezos addressing shareholders at the company's annual conference. one hot topic? splitting chairman and ceo roles. >>> i'm leslie picker. how corporations are taking extra steps in the m
comes to interest rates, is it one and done for the fed for the rest of the year >>> in seattle, i'm aditi bezos addressing shareholders at the company's annual conference. one hot topic? splitting chairman and ceo roles. >>> i'm leslie picker. how corporations are taking extra steps in the m
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. >> aditi, thank you.ion as more people become aware of the story so apparently she asked the colleague, well, are you sure this is for real it was really us he said yeah, you were talking about hardwood floors. yeah, we were. >> so we don't actually know if it was a voice command that was misinterpreted by alexa. >> somehow miscustody. >> or if it's just a glitch that sometimes this happen. >> amazon also tried to say maybe the system kind of created this who knows. but if it shows that this is even possible. >> it's the larger issue for amazon, and will justify everybody who is like white house has held off i just don't feel comfortable with this in my house yes. >> i don't know if it's the reason i'm resisting it. i don't see the upside as kind of the disruption of it. >> i see the usefulness in terms of the voice commands. and i think that's why it's been so successful. but the privacy issues are going to get bigger. >> sure. >> especially after this one. >> if you're only talking about hard wood floor
. >> aditi, thank you.ion as more people become aware of the story so apparently she asked the colleague, well, are you sure this is for real it was really us he said yeah, you were talking about hardwood floors. yeah, we were. >> so we don't actually know if it was a voice command that was misinterpreted by alexa. >> somehow miscustody. >> or if it's just a glitch that sometimes this happen. >> amazon also tried to say maybe the system kind of created this who...
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invested about $1.7 billion into robotic start-ups, comparing that to $750 million the year before >> aditiyou very much. >>> welcome back to "power lunch," everybody. the latest on spotify's decision to remove certain songs from play lists, millennials saying meh to snapchat, and is facebook getting into block chain a lot to talk about. let's bring in julia boorstin from l.a start with spotify, julia. >> well, tyler, this has been a really controversial issue, and it all started yesterday when spotify changed its policy about hateful content and the creators of hateful content and started to weed out some artists that they did not approve of their sort of moral compass, their way of being the world and they pulled songs from r. kelly from all those spotify play lists so now other artists have started to weigh in. 50 cent tweeting, spotify is wrong. they're not even convicted of anything so this, of course, comes as critics who accused r. kelly of sexual misconduct are staging protests, they're threatening to stage a protest at an upcoming show if it isn't cancelled and a lot of people are
invested about $1.7 billion into robotic start-ups, comparing that to $750 million the year before >> aditiyou very much. >>> welcome back to "power lunch," everybody. the latest on spotify's decision to remove certain songs from play lists, millennials saying meh to snapchat, and is facebook getting into block chain a lot to talk about. let's bring in julia boorstin from l.a start with spotify, julia. >> well, tyler, this has been a really controversial issue,...
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was adity of it is this part of the logic known as the neutrally assured destruction, if you can get enough bombs and everyone is afraid for the trigger and it created a kind of stability within the world. but it was mad, mutually assured fromuction was mad and so the beginning, they have been talks about how to create a situation where you can begin to drop back down and one of the big accomplishments of that period was the signing of the nuclear nonproliferation treaty, then effort to bring back kind of escalation that had been going on for such a long time, and by the way, it wasn't always the big countries who were leading in that, ireland but for the first proposal for the u.n. general assembly back in 1961. everybody was really affected by that. something that we began to get a little bit of a hold on after 1968. host: you wrote a piece called the five myths of the cold war. who was our enemy during this period? guest: there was the soviet bloc, but there were numerous enemies. the united states and the soviet union ultimately, was the chief enemy, but there were smaller ones l
was adity of it is this part of the logic known as the neutrally assured destruction, if you can get enough bombs and everyone is afraid for the trigger and it created a kind of stability within the world. but it was mad, mutually assured fromuction was mad and so the beginning, they have been talks about how to create a situation where you can begin to drop back down and one of the big accomplishments of that period was the signing of the nuclear nonproliferation treaty, then effort to bring...