you have to be careful because aren't you on netflix?ut i would love to be, ted, if you're listening, i love you so much. [laughter]. >> jamie: i think ted's the man, but you brought up a great point. i've written for tv shows before, it's so hard to write a funny television show. it's almost impossible. if you look at how few hit shows there are and now to work within the parameters you also can't offend people, we'll change this joke to that joke, it makes it so difficult. so i love ted's move here. i love elon, too, i love both these guys. when they said at netflix about employees they were upset and walked out, was that one person? [cheers and applause] i'm so happy. i do think, though, maybe we're watching -- i think my kids are watching netflix too much. like i was face timing with my kids last night and my son tried to skip the intro. >> greg: what's funny is he also tried to press the button for the next father. are you ready for the next daddy? >> jamie: last time i saw him in person he tried to minimize me. >> greg: he's divorc

and create netflix.e problem is as you showed on the screen, netflix's valuation has been eviscerated. so, what is the implied value of this netflix inside of disney? it is far less. look, emily, the other piece of this is that both netflix and disney in that last three months have come out and told her in order to grow our businesses we now think we have to incorporate advertising. disney was on record saying just a year ago, we don't want to put. advertising and disney plus now they are going to start doing it later this year. netflix had been pretty much relation was never going to do -- religion was never going to do advertising and now all of a sudden they are talking about how in the next couple years they are open to incorporating advertising and think you could be additive. so, do you believe that advertising in this content is hopeful? it is sort of a red flag and investors of why are all of these companies all of a sudden who did not feel like they needed advertising, whose prices are so much c

- i think limelight to get material the - netflix show?- i think the netflix show? cynical!cal! i think the headline is a _ netflix show? cynical! i think the headline is a bit _ netflix show? cynical! i think the headline is a bit unfair _ netflix show? cynical! i think the headline is a bit unfair because i | headline is a bit unfair because i think the decision by the queen to announce today the only working members of the royal family will be on the balcony for thejubilee, the sunday with a big follow—up, i think it's a really elegant solution that she has managed to get rid of both problems, the problem of her having harry and meghan on there which would've been all about them and everybody looking at their body language and looking to see whether william and harry were talking or it would've everyone talking about what on earth is andrew doing there? sol think it's an ingenious masterstroke that she has come up with with this litigator and the problem and they have said they are coming over with the kids but they will not be on the balcony. i think it's a win—win. coul

good had he with us, wheres it all gone wrong for netflix? a big question. simply poll, netflix reached a certain level of growth and development where easy when this book canoeing, that rapid growth trajectory out the previous decade on the long and prince b that comes into key areas. one is competition and coal markets, mass market us, which still accounts for over a 3rd or better scriber's. but then it's where the growth is becoming over the last few years as since they made it back in 2017 folks and international subscribers. that growth is leveling off because it into markets that don't actually have the discretion, we income to be able to afford monthly subscription. so the competition are now moving into support propositions. this is something that netflix has mostly pushed back against happened that are offering that call us pay is free on demand experience. the final sedation make about why netflix is starting to struggle with growth retention is a combination of that whole folio of content. so they know speed news nurse be done, hav

if you find it hard to support our content, netflix may not be the best place for you."el culture and woke noise. >> go netflix. >> foul over the past couple years, we've seen this rise of woke culture. these people have gone into these organizations and have tried to be activists within these organizations instead of doing their job. in netflix a couple of months ago, when the dave chappelle thing came out and the trans community was very upset with that, there is a trans activists working for netflix that staged a walkout and was suspected of leaking data and that person was fired. netflix sending this out right now is saying that you work for us, you will do your job. you are not an activist and if he wants to go be an activist, go do it somewhere that's not on our payroll. >> yeah, love it or leave it, harris. >> it's the fact that workers probably already know it's a right to work workplace. you and i, cheryl, were talking about it. for the most part, they are not unionized. if you don't like the coffee they make, whatever, you are free to walk. but netflix is boldl

it used to be just "netflix and chill."hbo max and relax," "hulu and woo-hoo," and "peacock." ( laughter ) ( applause ) netflix, used to-- used to go-- really? really? i'm surprised. slightly surprised. netflix used to be the go-to spot for big tv and film, but now, other streamers have taken back a lot of stuff that used to run on netflix and put it on their own services. yeah, like "star trek." that used to be on netflix, and now it's exclusively on paramount+ paramount+, a mountain of reruns we never thought you'd pay for. netflix is also blaming the subscriber slowdown on password sharing and vowing to crack down. what?! absolutely not! you have the legal right to use your ex-girlfriend's password until she gets married. then you return it to her as a wedding gift. ( laughter ) we've got a great show for you tonight, my guests are alexander skarsgard and musician jack white. but when we come back, the happiest place on earth is sad thanks to ron desantis. stick around, friends. ♪ ♪ ♪ ( applause ) ever notice how stiff c

netflix is spending less in terms of trying — netflix.ying to _ netflix. netflix is spending less in terms of trying to get _ netflix. netflix is spending less in terms of trying to get those - terms of trying to get those subscribers that disney is at this point. but it is proving to be very successful. they are going into about 535a different markets, worldwide. about 5354 different markets, worldwide-— about 5354 different markets, worldwide. , ., . , ., ., worldwide. researchers from cornell university are _ worldwide. researchers from cornell university are looking _ worldwide. researchers from cornell university are looking into _ worldwide. researchers from cornell university are looking into how- worldwide. researchers from cornell university are looking into how a - university are looking into how a massive robot could be used to make the construction industry greener. the robot is being used to 3d print construction materials like concrete without having to use time intensive logs. and apple has announced a range of new accessib

for all their talk about how netflix is killing their business. only going to take those movies if netflix commits to marketing. specifically those in theaters. i am hoping we will see some resolution on this in the next few months, i know netflix is exploring, testing big titles in the fall. the sequel to knives out, there was a huge hit a few years ago. we don't know the resolution just yet. taylor: just about 30 seconds. if you were to see consolidation in this industry, who do you think is the most right candidate? lucas: theater chains. there is a sense there could be more consolidation there. there are a couple of big media companies, nbc universal, lions gate, but those have been tossed out for a long time. taylor: really appreciated, lucas shaw joining us. that does it for this edition of "bloomberg technology." do not worry we are back , tomorrow, live from boston. starting with a close, 2 p.m. eastern i'll be joining us, that will take you through triple take and finishing off with the triple threat. it will be 2:00 p.m. to 6:00 p.m. liv

more people are canceling their netflix subsist subscription and as a result, netflix has made some changes to its payroll. they have laid off 150 workers after they reported a significant drop in subscriptions in the 1st quarter of this year. now, according to netflix, those 150 workers account for 0, 2%, of entire workforce. >> a spokesperson for the company says that the cuts not because of how the employees are performing. instead, they say the changes are because of the company's revenue slowing down. netflix lost 200,000 customers in the first 3 months of this year. it's the first time it's happened in more than a decade. the streaming service also predicts to lose 2 million more subscribers later this year. now netflix chief operating officer says that for the next 2 years, they're cutting back on some of its spending. but netflix does plan to spend 17 billion dollars on producing shows and movies just with less people behind the scenes. now, as far as the layoffs started, james. it also impacts a few agency contractors and netflix says that a majority of the employees being laid off

today, the streaming service netflix took a stand.utting out a memo to its employees, 11,000 of them, saying they aren't going to take tiny little stands over every single piece of content they put out. they are not going to cave to the left who complain about this comedian or this actor. they are just going to go about their business. and if you are not happy with it, well maybe you should find yourself a new job. quote: not everyone will like or agree with everything on our service. while every title is different, we approach them based on the same set of principles we program for a diversity of audiences and tastes. and we let viewers decide what's appropriate for them versus having netflix sensor specific artists or voices. if you find it hard to support our content netflix may not be the best place for you. what an amazing idea. letting the viewers decide. thank you. it's about time companies started treating us like adults, this memo was a direct response to some whiny employees who just a few months ago were protesting and tryi

headquarters, los gatos with more camila. >> or netflix. more cost more netflix. customers are hitting cancel on their subscription. and this was force netflix make some changes to its payroll. they have laid off 150 employees after they reported a significant drop in just the first a significant drop. excuse me in subscriptions in just the 1st quarter. now, according to netflix, those 150 employees account for 0, 2%, of their entire workforce. a spokesperson for the company says the cuts. i'm not because of how the employees are performing. instead, they say the changes are because of the company's revenue slowing down. now, netflix lost 200,000 customers in the first 3 months of this year. and they say that this is the first time it's happened in more than a decade. the streaming service also predicts to lose 2 million more subscribers later this year. now netflix chief operating officer says for the next 2 years they're cutting back on some of its spending. but netflix does plan to spend 17 billion dollars on producing shows and movies.

i don't know who is the right in the end. >> netflix down from 7600 to 16. you can look and see if these are bargains. >> netflix is down a lot more than bitcoin >> what is a bargain it is just beginning of the end. we don't like at things the same way. i don't know the answer. that's what smart p people are trying to figure out right now >> as i said, the sun did come up and we're all alive. >> we got that gone. >> the sun is up beautiful view this morning. >> in d.c. >>> it is thursday the best day of the week it's not quite friday. friday's too close to monday coming up, we dig into the plunge in crypto prices and crypto related stocks. andrew, the coinbase stuff is deep we can't guarantee if we go bankrupt, get in line that's unbelievable. as we head to break, check out the shares of ark innovation what is the value of these it is down right now after falling 10% yesterday. you are watching "squawk box" on cnbc >> announcer: this cnbc program is sponsored by ibm. ibm. let's create technologists in india, and customers all on different systems. you need t

look at netflix. you really need a combination of ads and subscriptions. moving completely away from such pins would be a mistake. taylor: great insight, fundamental analysis, so appreciate the conversation. mandeep singh and kurt wagner out there in our beautiful san francisco office. coming up, texas social media mayhem. i will be speaking with david kirkpatrick of course about what that new texas law, what could it really mean for social media platforms all in the name of censorship. that is next. this is bloomberg. ♪ taylor: we want to talk now about a new social media law out of texas that has many in the tech world fearful of what might be allowed flow on your feed, all in the name of censorship. groups representing twitter, facebook, and youtube warned the supreme court that unless this texas law is blocked, anything, from russia propaganda, as well as neo-nazi posts denying the holocaust, could show up. insiders warning these extremist views could cause a social media companies to lose millions in advertising. for more i am joined by david kirkpatr

they certainly are, in fact netflix i certainly are, in fact netflix is actually spending less in termsng to be very successful. they are going into about 53 to sa different markets worldwide. they are adding about 500 shows, local shows, that basically means shows with specific countries. south africa, india, latin america, so they are really pushing for this streaming service to take off. as your reporter said, 205 million subscribers now. they added about 7.9 million. but they did say, the ceo of disney, did say that they are on track for that guidance that they had put on the 2024, which is around 235 to 240 million subscribers.— is around 235 to 240 million subscribers. yeah, i mean, it is easy to _ subscribers. yeah, i mean, it is easy to make _ subscribers. yeah, i mean, it is easy to make these - is easy to make these comparisons and the headlines will make all these comparisons between disney plus and netflix, but it is important to say that netflix is still absolutely dominant in this space. it has over 200 million subscribers. is there any chance that disney really can comple

i'm a seller >> tony. >> time to be a buyer in netflix.read >> and mike. >> i'm buying puts in xlt and i'm antero resources and i think call spread risk reversals are a good way to get in here. >> that does it for us we'll see you back here next friday have a great memorial day weekend, everybody do not go anywhere a cnbc special, crypto night in america starts right now >> this is a paid advertisement for csn. >> you know, the one thing you can count on in numismatics, which is the hobby of collecting coins, is that the pace of change, or change, is glacial. [ chuckling ] okay? we would hope from the -- oftentimes, as numismatists in a hobby and in a profession, we hope for a snail's pace from the united states mint. nothing is done quickly. nothing is done without forethought.

i'm a seller >> tony. >> time to be a buyer in netflix.and mike. >> i'm buying puts in xlt and i'm antero resources and i think call spread risk reversals are a good way to get in here. >> that does it for us we'll see you back here next friday have a great memorial day weekend, everybody do not a cnbc special, crypto night in america, starts right now. \s >>> tonight on this cnbc special hour of counters crypto night in america," the s&p ending a seven-week slide, both having their best week since november of 2020. the nasdaq also climbing 1,000 points just this week. crypto, on the other hand, falling out of step with the nasdaq bitcoin falling more than 1% this week. tonight we have every angle of

quite a change from netflix. the stock plunged after reporting earnings for netflix.isney down post market. year-to-date, disney down over 30%. we will see how analysts are taking this, which was largely positive. emily: thank you. i want to stick with disney and talk about those results with the our guest -- with our guest. he is a longtime disney shareholder. subscribers light, but you have to look at the massive increase, and feel some sense of relief, even surprise, i don't know. is this what you were expecting? mark: -- ross: it is so hard to predict what consumers do based on what content is being released on each streamer, but we now see at the end of this earnings periods that -- period that disney did lose some subscribers. certainly we don't know if that is a permanent change in behavior, because we think streamers go back and forth between what is popular at the time, so disney had good results for their streaming businesses, much better than we expected, because obviously we thought they had a tough comparison to the covid era, and quite frankly, all of th

netflix is actually spending _ million. netflix is actually spending less _ million.n - million. netflix is actually spending less in terms i million. netflix is actually spending less in terms of| spending less in terms of trying to get their subscribers than disney is at this point. but it is proving to be very successful. they are going into about 53—54 different markets worldwide. about 53-54 different markets worldwide-— about 53-54 different markets worldwide. , ., . , ., worldwide. researchers from new york 's cornell _ worldwide. researchers from new york 's cornell university - worldwide. researchers from new york 's cornell university are - york �*s cornell university are looking into how this can be used to make the construction industry greener. it is used to 3-d industry greener. it is used to 3—d prints concrete without using costly and time intensive moulds. apple has announced new accessibility features for its phones including live captions services. the features are due to be introduced in the us later this year. none of this is real — the grass, the

i'm a seller >> tony. >> time to be a buyer in netflix.read >> and mike. >> i'm buying puts in xlt and i'm long antero resources and i think call spread risk reversals are a good way to get in here. >> that does it for us we'll see you back here next friday at 5:30 p.m. eastern time have a great memorial day weekend, everybody do not go anywhere a cnbc special, crypto night in america starts right now (dramatic music) ♪ i really can see the difference. i can see this hair coming in. i have hair on my head. i can brush my hair now. within two months, i've gotten my hair back. it's just like a second chance on life. ♪ no hormones, no surgery. ♪

i think netflix ultimate will be more successful internationally. think what disney is really focusing on is you have hot star in india, where it is a massive market and they are focused on that market and it makes a lot of sense for them to focus on bigger markets where they can put money into content and not have to spread it between so many regions. emily: so let's talk about parks. let's talk about parks, because chapek saying domestic parks are firing on all cylinders. $300 million potentially because of the closure of parks in hong kong and shanghai due to the pandemic, and as we know, shanghai is on a very restrictive lockdown to this day. how concerned are you about that? ross: i mean, for me, this is probably the biggest concern i have as an investor right now. you know, i not worried about am the fed actually, because it easy for them to stop causing pain, but china has, we have a lot of business we do in china, whether it is apple, tesla, disney, and many others, and in shanghai, and this has been hugely detrimental to the economy in chin

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and netflix, we were seeing a net sub loss. you got netflix and amazon.sney and alphabet? if i was going to play, i would rather have the latter two. >> this could be ford down 50% or biotech or any other, and they'll go up together with the current bounce. >> so in the same bucket. tony, would you agree with that? >> a few weeks ago, i took an amazon short on earnings. we have not reached the level yet. i'm not a buyer of amazon, netflix, we were a buy of that yesterday in the 160s. this is a stock that got hit hard on subscriptions, not on revenue and earnings. so i'm a buyer of netflix, not of amazon. >>> and time for the final call. trying to catch a calling with ark and a long time call option with kathy woods. >> not every stock is cheap yet, but some are. but ford is. if you're looking to get in, buy a longer caller buyout. >>> do not go anywhere. (dramatic music) ♪ i really can see the difference. i can see this hair coming in. i have hair on my head. i can brush my hair now. within two months, i've gotten my hair back. it's just like a second cha

netflix, a spokesperson for netflix as that for the next 2 years. they're cutting back on how they're spending and this comes after a drop in revenue, according to several reports, netflix lost 200,000 customers in its 1st quarter and they predict that they will lose even more later this year. but netflix does say that they plan to spend 17 billion dollars on producing content. and they still say that they will continue to hire. but darya james, according netflix and in regards to those layoffs, the changes he's also impact contractors. and they say that a majority of the employees being laid off work here in the united states and they work in several departments across netflix. back to you guys. thanks. a lot of camilla. >> 5, 0, 7 is a time right now. today the warriors are in action. they are going to the well. they're hoping to go to the nba finals right now is the western conference first time for the finals in 2019 that that since they've been there. yeah, but they're familiar with ar. this is old hat to them. we know they're going to be takin

he suggested netflix because they are weakest in -- netflix is weakest in kid content.combination could work. he also suggested maybe a roblox what do you think? would investors like that move, that focus on the streaming platform, versus where they are seeing the most strength right now, which is in parks >> rich always has fascinating ideas here, and he's a close watcher of disney. i will say one of the reasons he's making these comparisons, bob iger made these bold acquisitions, maybe disney under bob chay peck, the idea of what does the future of disney under bob chapek look like netflix is complicated, but i think that roblox is interesting because of the that is correct that it's focused on the younger demographic. it's a vastly different company. when you look at iger's acquisitions, they were about intellectual property, taking the brands, thing them into the disney platform and then exploiting those brands across platforms from parks to tv to movies roblox and netflix are different. netflix is a competitor to disney plus. maybe it doesn't make sense, and i woul

do you think there is a chance that apple could come in to buy netflix?ng is possible. i don't think that's the way apple operates their largest acquisition is still beats for a few billion dollars. you're talking about let's just say netflix would sell for, you know, 2x where the stock is trading today. you pick a number, i don't know what the number is, but that's just a massive transaction i think apple is showing you brick by brick, they're building a streaming business, they're being very patient, we'll see whether they get sunday ticket, but they seem to be leaning into sports a little more heavily now. i would say dollar for dollar, if you were to look across the entire streaminglandscape, content quality, not most watched, not most viewed, but content quality, of all the streamers, dollar for dollar, apple is actually hitting it the highest batting percentage, like it is just -- they're really creating great content, and i just think from that standpoint going out and making a huge acquisition just doesn't feel like apple doesn't feel like they ne

good had he with us . wheres it all gone wrong for netflix? a big question. suddenly poll, netflix reached a certain level of growth and development where easy. when you spoke to doing that, rapid growth project we out the previous decade are no longer an apprentice. be that comes into is one is competition and coal market mass market us, which still accounts for over a 3rd or better scriber's. but then it's where the growth is becoming over the last few years since they made it back in 2017 folks and it's national subscribers. that growth is leveling off because the mitigate markets that don't actually have the discretion, we income to be able to afford. ready monthly subscription. so the competition are now moving into support propositions. this is something that netflix has mostly pushed back against happens problems that are offering that call us pay is free on demand experience. the final today should make about why netflix is starting to struggle with growth and retention. is a combination of that whole folio of content. so they don't ha

same with netflix, same with disney+. global subscribers you can own. this is notjust a country by country game. and of course, we can't talk about global media or global news without considering what rupert murdoch thinks about that. he's been a major player for decades, and this week he made another play, with piers morgan in the centre of it. talk tv was launched on monday. piers morgan's show was at 8pm. in the next hour, president donald] trump blows the roof off the biggest issues in the world today and he nearly blows my head off too. do you think i'm a fool? i do now, yeah. nothing is off—limits. trump tells us what he told putin about invading ukraine. i threatened him like he has never been threatened before. and the big question, whether he will run again for president in 202a. i think people are going to be happy. you might even be happy. well, chris from the telegraph, you were watching, did you enjoy it? you know, it was not bad, it was very slickly made, it was this sort of american—style production. not my

as for netflix, we were seeing a net sub loss so my question would be you've got netflix, amazon, but and google/alphabet if i was going to play in the space, i'd rather have the latter two than the former two >> carter, what do you think >> to some extent, these are beta trades. singing out names that are some of the most bombed out it could be ford, intuit, biotech. they're all going to go up together if it is the current bounce >> so in the same bucket tony, would you agree with that? >> a few weeks ago, i took an amazon short on earning and i had a price target of 20,,000 t the downside so i'm not a buyer of amazon, but netflix, we were a buyer of that yesterday in the 160s because this is a stock relatively that got hit very hard on subscriptions, not revenue and earnings so i'm a buyer of netflix, not of amazon. >> all right time now for the final call. carter >> ford and intuit for bounces >> tony. >> trying to catch a falling knife here with ark. buying a long dated call option on cathie wood >> mike. >> not every stock is cheap yet, but some are intuit and ford. >> that does

netflix said it's creating a tear that.ould at a lower price, but the trade-off would be advertisements. still don't know how much it's going to cost. right now the cheapest netflix plan is about $10. sources tell cnbc that netflix wants the new features added by the end of this year. a faster timeline than the company had originally announced. all this comes after a steep drop in subscriptions. >>> 21 years ago steve jobs held up a little gadget as he officially unveiled an ipod. now two decades later, apple is discontinuing it. this is video of the day when jobs made the announcement. he touted the ipod for its ability to hold up to one thousand cd quality songs. now ipod touch is the latest iteration of that device, but apple will no longer make them. once current supplies sell out, that's it. apple says the spirit of ipod lives on through their other products that play music. >> i think have i four of those in a drawer somewhere. >> resell them for a lot of money. make some money, jess. >>> still ahead, it is the most e

"pentaverate" on netflix.lf. is that true? >> yes, torture. >> mike: even just now? what was that? >> i was like, mm -- [ laughter ] i don't know. no, i'm tortured by -- every aspect of anything i do. >> mike: i have to say, it is -- watching you play these eight characters on the show, i'm going -- mesmerized going, how does he keep them apart from each other? how do you keep -- there's eight darn characters. >> well, i've done a lot of characters in my whole career. i did a lot of characters at second city in chicago and toronto when i was, you know, starting out. then on "saturday night live" you could do four or five sketches of different characters. so it's not much of a stretch for me. i had a fantastic director, tim kirkby, a genius from england. he did a fantastic job of just creating a great playground for me to play in. >> mike: someone said your brother -- >> my brother played me as the other characters. >> mike: wow. >> and my brother, paul myers, super, super funny. [ cheers and applause ] >> mike

yes, think once they said if netflix may not be the place for you. i did what he did. yes.ou know what ? now i'm keeping my subscription. i know the prices went up. i knowri there's competition but i'm sick and tired of the bosses. you know what i call the when i'm not on television. oh, yes. i'm sick o. all right. that's all i have to think. you know, if i had just think of all the things that are on netflix, seriall killer k war propaganda, slasher movies a ,they get upset about a guy that tells a joke about a girll that gets a you know, somethingh between her like what iser that? that's not offensive. it's a joke from a comedian. lighten up. i think this is a shift in corporate posture towardsw the mob. wne you saw what happened to disney. they stepped in it big time.th you see what's happened with other companies to get involved in the culture. i think major league baseball got rocked at atlanta and they went over there. >> they don't want to deal witha this anymore. they want to be like jordan. rememberny jordan republicans by years to exactly stay neutral, be switzerl

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there's a bullish call on netflix.t in the call of the day, particularly who it's from. to satisfy cravings from tokyo to toledo? so you partner with ibm consulting to bring together data and workflows so that every driver and merchandiser can serve up jalapeño, sesame, and chocolate-covered goodness with real-time, data-driven precision. let's create supply chains that have an appetite for performance. ibm. let's create. (torstein vo) when you really philosophize about it, there's only one thing you don't have enough of. time is the only truly scarce commodity. when you come to that realization, i think it's very important that you spend your time wisely. and what better way of spending time than traveling, continuing to educate ourselves and broaden our minds? (woman vo) viking. exploring the world in comfort. >>> upgrading netflix 250 out perform from neutral netflix is now, quote, an immensely popular slow-growth company. you did a double take-when i said that because he's been the most out spoken bear on netflix f

more on that in a but netflix is letting go 200 people. this could be a trend. you can hear more about job layoffs the next 6 months a lot. it's part of the process. part of the game we play trump house. if there's any pain due to inflation, any time you're economic, people say the pain. it doesn't feel good. i like getting pain. want to get a shot. i like getting paid when it comes to talk about money. facebook's 10 years old today as an ipo. that's kind of interesting. and amazon just amazon, 7 fire tablet which costs 60 bucks a far cry from apple pricing. yeah, it tells you that there's there's still going to be some innovation. well, going to okay. yeah. i mean, and all that terrible news out. take the deal. 60 bucks for a for a fire. >> okay. let's get back to target a means of walmart and get was bad. let's really focus on tar j because they thanking. >> and i own shares of target. so it doesn't don't create probably buy more if i don't talk about it for 3 days in a row. great company with great devin great management. here's the problem. they didn't see t

. >> our next viewer asks further upside for netflix and amazon? good question., i'm not surprised to see these two get a big bounce in here, but i'm not convinced about either one of these two. first of all, amazon, had one of the best retail environments we've seen in a long time and amazon's results were terrible as for netflix, we were seeing a net sub loss so my question would be you've got netflix, amazon, but why not disney and google/alphabet if i was going to play in the space, i'd rather have the latter two than the former two >> carter, what do you think >> to some extent, these are beta trades. singling out names that are some of the most bombed out it could be ford, intuit, biotech. they're all going to go up together if it is the current bounce >> so in the same bucket tony, would you agree with that? >> a few weeks ago, i took an amazon short on earning and i had a price target of 2,000 to the downside we haven't reached that level yet. so i'm not a buyer of amazon, but netflix, we were a buyer of that yesterday in the 160s because this is a stock

. >>> and a new subscriber slump has netflix cutting corners. the blunt message to employees about its new culture. >>> temperatures a little warmer today than yesterday. the warm-up is going to continue tomorrow. take a look ahead to the weekend forecast, coming u fanduel and draftkings, two out of state corporations making big promises to californians. what's the real math behind their ballot measure for online sports betting? 90% of profits go to the out of state corporations permanently. only eight and a half cents is left for the homeless. and in virginia, arizona, and other states, fanduel and draftkings use loopholes to pay far less than was promised. sound familiar? it should. it's another bad scheme for california. >>> the fda just granted emergency authorization allowing children to get a covid booster shot. this covers kids ages 5 to 11 and those who got their first two doses after five months can now get the pfizer vaccine. according to company data, the vaccine raised omicron-fighting antibodies by 36 times. and earlier today, we sp

netflix coming up.hey were in the middle of recordings it. that's what they were doing last night. i'm wondering if this will be part of that show. >> steve: it's got to be. that's why people will watch it because netflix has the video. they have not released it. >> brian: they might choose not to put it on. >> ainsley: just so they don't encourage others. >> steve: i think there is public interest in seeing what it is. it would be odd for them not to make it as part of the show. maybe netflix. >> ainsley: all the reports i have read chappelle was running toward the attacker. i did see someone's video. someone was in the audience they did roll on their camera. you can see the man. all the security surrounding the guy in the back right corner of the stage. and i guess that was after chappelle had approached him. >> the way i look at it is netted flicks has the video. the video is evidence. there obviously are going to be charges filed against this person and that video will be then public record and it w

netflix hit a growth wall. the stock was priced -- the beginning of the year, i thought they could sustain 20 million, 25 million's of script and's going forward. we had to take of the premium that they had, and then you had the lower estimates. that's what got me off the netflix train early this year, but, yeah, when companies go x growth, you can have a real reckoning in terms of the stop rise. now i think there's a lot of very interesting valuation arguments to be made about netflix. what market multiple do you want to put on that? where in that ballpark, so now there's a lot of valuation support for the name. i think facebook is different, and that's probably why i really like facebook. i think this will recover. but i understand is it's very controversial. i like it, and it also has a lot of cash on the balance sheet. emily: you also covered twitter, which has its own story going on, which is elon musk's takeover. he was tweeting earlier today more hints as to what he plans to do with twitter, focusing on

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