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Feb 24, 2021
02/21
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CNBC
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and how should investors look at overstock. clear, three different businesses and retail is the core business, the one that makes the money, and the stocks are correlated to bit koip,b bitcoin, san diego that the way that people should look at overstock? >> well, withe are a home furnishings company. we are invested in blockchain company, and we are going to have a venture capital firm to see the oversight of those as soon as we get governmental approvals, and we are a company that brings dream homes, and that is how we want our investors the look at us. >> the stat is that the stock moved on the day that tesla added that bitcoin was added to the balance sheet speaks volume, jonathan, so is this partnership to oversee the venture enough to make the investors refocus on the core business. in your heart of hearts would you like overstock to trade with the xlrt or the bitcoin? >> well, if we are right, the home furnishing retailer, but we are not doing this deal with pel oishgsn to change how investors look at us, because we have
and how should investors look at overstock. clear, three different businesses and retail is the core business, the one that makes the money, and the stocks are correlated to bit koip,b bitcoin, san diego that the way that people should look at overstock? >> well, withe are a home furnishings company. we are invested in blockchain company, and we are going to have a venture capital firm to see the oversight of those as soon as we get governmental approvals, and we are a company that brings...
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Feb 3, 2021
02/21
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CNBC
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and amc, listen up, if there is any company that knows about being attacked by short seller, it is overstock, and we will talk about the battle they know all too well, a fnd you are over, stk is up a cool 1,000% a year. and welcome, everybody. so much to do as always, but as always, let's start with the markets and your money, and seema mody with the rundown. >> three hours left to trade, brian, and the level to watch on the s&p 500 is 3842 and that is the intraday level high, and we hit it earlier today, and trading around those levels and the s&p 500 is higher and the nasdaq is higher, and a focus on earnings tonight from paypal and the stimulus talks in washington. a big deal in the health care space that we want to point to and jazz pharmaceuticals by a cash and stock deal for gw which is best known for the cannabis products best known for the epilepsy products, and you can see that deal is helping other cannabis products move higher, and the ticker is etfmg that you can watch today which is higher on that deal. other stocks on the earnings front, and alibaba is higher by 5%, and the chi
and amc, listen up, if there is any company that knows about being attacked by short seller, it is overstock, and we will talk about the battle they know all too well, a fnd you are over, stk is up a cool 1,000% a year. and welcome, everybody. so much to do as always, but as always, let's start with the markets and your money, and seema mody with the rundown. >> three hours left to trade, brian, and the level to watch on the s&p 500 is 3842 and that is the intraday level high, and we...
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like espionage and overstock you know and this is just the tip of the ice book false claims that the vaccine causes infertility or even death or spreading like wildfire across social media the french speaking part of belgium appears particularly receptive to these ideas. ahead of most in home federation thumb a bell things making vaccinations mandatory maybe the only options i did not understand i do not understand that it was so for them is so a lot of rate of every people who died there so the loss of life and it's unbelievable odo's people do not understand that they can protect themself. it's a big question i think we have to move. back at the nursing home this local doctor is trying his utmost to demonstrate that vaccines are safe is because of you and that's why i tell the staff here you need to get vaccinated not 70 percent of you but 100 percent of you all of you in order to win this fight usually pretty many of christina rodrigo's colleagues are also taking to social media to encourage others. she hopes each photo will make a difference. in france as in other european countr
like espionage and overstock you know and this is just the tip of the ice book false claims that the vaccine causes infertility or even death or spreading like wildfire across social media the french speaking part of belgium appears particularly receptive to these ideas. ahead of most in home federation thumb a bell things making vaccinations mandatory maybe the only options i did not understand i do not understand that it was so for them is so a lot of rate of every people who died there so...
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Feb 1, 2021
02/21
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BLOOMBERG
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some of our guests on bloomberg tv weighing in on the feud between retail investors and hedge funds overstockck share price. brokerages clamped down on trades. at the same time, institutions have been profiting of historic rallies, heavy names -- off historic rallies, heavy names. this story is frankly amazing. retail traders winning over wall street. it's not as straightforward, though, is it? dani: it's really not. it's more nuanced because the people who have been making the most money are indeed institutional, the people you think of when you think of wall street. they make their money on the bids when these shares trade. citadel security comes to mind. if you look at gamestop along, last week, the average daily volume was $20 billion. the bid was wider than usual, meaning the trading revenue broughtin was nearly half $1 billion. this was for gamestop and the cash trading fund. we're in this real -- weird world trying to stick it to the hedge fund. we've got a lot of money for citadel securities. the two are separate, but not related. it was other smart money that decided to cash in on th
some of our guests on bloomberg tv weighing in on the feud between retail investors and hedge funds overstockck share price. brokerages clamped down on trades. at the same time, institutions have been profiting of historic rallies, heavy names -- off historic rallies, heavy names. this story is frankly amazing. retail traders winning over wall street. it's not as straightforward, though, is it? dani: it's really not. it's more nuanced because the people who have been making the most money are...
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Feb 1, 2021
02/21
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BLOOMBERG
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for amazon is if the company has been able to meet the elevated demand, target, walmart, wayfair, overstockd at the same time, the companies doing a balancing act on health care. they are spending billions of dollars to protect their employees from covid, hundreds of millions of dollars to test their employees for covid, and at the same time they are rolling out health care related services amazon pharmacy. the pandemic for amazon has represented a lot of opportunities, but it's also bad news, incremental costs and basically giving competition to customers. emily: how much of our e-commerce behavior actually fits in the new normal? in the last nine months i've been buying all my paper towels on amazon. when i can go to the grocery store, maybe i will buy them there. how much is that a risk factor in the near term? tom: it's a risk factor, but when you think about the slower than expected rollout for vaccines and things of that nature, i think when all is said and done, we are going to have an elevated commerce spend further into 2020 one than we expected. i think by july 1, there will be so
for amazon is if the company has been able to meet the elevated demand, target, walmart, wayfair, overstockd at the same time, the companies doing a balancing act on health care. they are spending billions of dollars to protect their employees from covid, hundreds of millions of dollars to test their employees for covid, and at the same time they are rolling out health care related services amazon pharmacy. the pandemic for amazon has represented a lot of opportunities, but it's also bad news,...
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Feb 6, 2021
02/21
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CNNW
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you mentioned the overstock ceo, overstock.com, his name is patrick burn wearing a hoodie and a net gator scarfing down pigs in a blanket. he had never even met trump before. why was he even there? >> lord knows. i guess he became friendly with michael flynn and he was all in on this idea of this venezuelan voting machine, incredibly complex conspiracy. these conspiracy theorists all found each other. and this sort of -- again, if you wrote this in some kind of a screenplay it would just be thrown out because it's too over the top. he's there up in trump's living room. so, they repair up top the living room. we're now getting close to midnight, by the way. they've been yelling at each other for hours on end. they're sitting on armchairs and burn, in his hoodie is scarfing down pigs in a blanket and these little meat balls on tooth picks trying to engineer a military coup. and so they're having this conversation and there's all sorts of back and forth. but at one point burn, who's never met trump, he says, you and i, we're entrepreneurs, sometimes you need to do things more creatively. he'
you mentioned the overstock ceo, overstock.com, his name is patrick burn wearing a hoodie and a net gator scarfing down pigs in a blanket. he had never even met trump before. why was he even there? >> lord knows. i guess he became friendly with michael flynn and he was all in on this idea of this venezuelan voting machine, incredibly complex conspiracy. these conspiracy theorists all found each other. and this sort of -- again, if you wrote this in some kind of a screenplay it would just...
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Feb 25, 2021
02/21
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CNBC
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back and the dog walker is okay rahl, thank you very much for that >>> take a look at shares of overstocking from buy to neutral this morning price target up to $91 currently trading at just under $76 a share. read more on that call on cnbc.com more "squa aeyupexwkll" nt. we needed to make sure that, if they couldn't get to the food, the food would come to them. we can deliver for food banks and schools. amazon knows how to do that. i helped deliver 12 million meals to families in need. that's the power of having a company like amazon behind me. >>> it's the end of february and gamestop threads are hot in the wall street bets forum as gamestop's sudden surge continues. joining us now the former s.e.c. enforcement attorney and now partner at guide house what are the questions that you have about both how this started and what continues to influence this trade it seems to me everybody who wants to make money off of momentum is probably in it hedge funds on both sides. it's not as if it's reddit's doing every time this thing moves. >> it's a very good point. while reddit may have started the
back and the dog walker is okay rahl, thank you very much for that >>> take a look at shares of overstocking from buy to neutral this morning price target up to $91 currently trading at just under $76 a share. read more on that call on cnbc.com more "squa aeyupexwkll" nt. we needed to make sure that, if they couldn't get to the food, the food would come to them. we can deliver for food banks and schools. amazon knows how to do that. i helped deliver 12 million meals to...
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Feb 4, 2021
02/21
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KNTV
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eye 101
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they got my pillow, overstock.ed now to complete the roster of business all-stars is the cfo of hollywood video and an actively on-fire samsung galaxy nope, all you need to know for this next part is that byrne got into a heated confrontation with a white house official named eric herschmann. the white house counsel, pat cipollone, was also in the room byrne kept attacking the senior white house staff in front of trump. "they've already abandoned you," he told the president aggressively. periodically during the meeting, flynn or byrne challenged trump's top staff, portraying them as disloyal at one point with flynn shouting, byrne raised his hand to talk. he stood up and turned around to face herschmann. "you're a quitter," he said, "you've been interfering with everything you've been cutting us off." "do you even know who the [ bleep ] i am, you idiot?" herschmann snapped "yeah, you're patrick cipollone," byrne said "wrong, wrong, you idiot!" the best and the brightest, folks. these guys want everyone to have vote
they got my pillow, overstock.ed now to complete the roster of business all-stars is the cfo of hollywood video and an actively on-fire samsung galaxy nope, all you need to know for this next part is that byrne got into a heated confrontation with a white house official named eric herschmann. the white house counsel, pat cipollone, was also in the room byrne kept attacking the senior white house staff in front of trump. "they've already abandoned you," he told the president...
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Feb 16, 2021
02/21
by
FBC
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eye 87
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overstock accepts bitcoin payments. blockchain company on your screen. you hold bitcoin, your stock goes up? susan: right. if you allow exchange, there is a lot more popularity and usage, right? paypal square. stuart: got it. this is another one for you. you're hogging the show here, susan. texas drivers in texas hit hard by winter weather. i understand that. susan: they can't charge their cars. wholesale electricity prices spiked 10,000%, i said that right, 10,000%. stuart: in some parts. susan: in some parts. texas hub. that is $9,000 per megawatt hour. you do the math. how much will it cosco charge your tesla car if it cost $90,000 per megawatt hour? stuart: a lot. susan: you want to do that? you can't get access to electricity anyway. stuart: at this point you have no chills. unless you get get a generac generator. susan: if you plug into the wall, six or nine hours. that is a lot of money. stuart: susan, you've been preemed by the prompter. "the bachelor" host chris harrison stepping aside after speaking out against cancel culture. watch this. >> we
overstock accepts bitcoin payments. blockchain company on your screen. you hold bitcoin, your stock goes up? susan: right. if you allow exchange, there is a lot more popularity and usage, right? paypal square. stuart: got it. this is another one for you. you're hogging the show here, susan. texas drivers in texas hit hard by winter weather. i understand that. susan: they can't charge their cars. wholesale electricity prices spiked 10,000%, i said that right, 10,000%. stuart: in some parts....
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Feb 23, 2021
02/21
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FBC
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eye 65
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so we see the drag on this bitcoin minors and also companies that except a bitcoin as payment so overstockots is up nearly 300% this year, 500 that 500000% just a little bit of profit taking is not a big deal by the way i want to throw this in the strategy, one of the few companies to buy crypto with their cash holdings, about a trillion dollars worth in crypto last year, so imagine that's also gone up in value as well. micro strategy and ceo says the crypto market will overtake gold in the future. gold is currently 10 times bigger than bitcoin right now, 10 trillion versus 1 trillion micro strategy says in the future bitcoin will be bigger. stuart: wait a second, so micro strategist, didn't put a trillion dollars into bitcoin? susan: a billion, pardon me a billion which is still significant, thank you for correcting me. one of the first companies along with tesla to use their cash pile to buy into bitcoin i will take away that zero. stuart: gold right now, hardly an inflation had, $1800 an ounce and going nowhere. a couple big names that i know, palantir, what's this about insider selling
so we see the drag on this bitcoin minors and also companies that except a bitcoin as payment so overstockots is up nearly 300% this year, 500 that 500000% just a little bit of profit taking is not a big deal by the way i want to throw this in the strategy, one of the few companies to buy crypto with their cash holdings, about a trillion dollars worth in crypto last year, so imagine that's also gone up in value as well. micro strategy and ceo says the crypto market will overtake gold in the...