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Aug 17, 2020
08/20
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housing market which is on fire i'd rather own zillow. much more "mad money" ahead. wait until you hear this the company is soaring but can it continue to make you green? an uncertain environment and why it would take more than a vaccine to get people in the office and rapid fire in tonight's edition of lightning round. so stay with cramer. >> last wednesday, stu in florida called to ask about a company called grow generation that owns the latest gardening stores in north america. it's a small company with a stock that's run up for the year so i told stu we'd have to do more homework before making any decision on retrospect, i should have been a lot less hesitant last thursday they reported a massive earnings beat, raise theth full year forecast the gardening business is booming but doesn't hurt so many states have legalized marijuana. i've been reliably informed the best stuff is hiydroponic. the stock shot up 47% attacking 6% on friday, get this, 22% today. that's right grow generation nearly doubled since stu asked me about that. stu, you got horse sense i hate ch
housing market which is on fire i'd rather own zillow. much more "mad money" ahead. wait until you hear this the company is soaring but can it continue to make you green? an uncertain environment and why it would take more than a vaccine to get people in the office and rapid fire in tonight's edition of lightning round. so stay with cramer. >> last wednesday, stu in florida called to ask about a company called grow generation that owns the latest gardening stores in north...
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Aug 16, 2020
08/20
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according to zillow inventory has soared by 96% year over year. moving vans a common sight with most of them heading out. emic hasrigger e leaving becaus jobs allow them to work remotely but others it's not voluntary. >> a lot of people don't want to leave but people are loosing their jobs. >> the reason is that a lot of things which -- drew us to san francisco, you want to be close to the opera, want to be close to the valley, all the small businesses, and it's basically nothing, nothing is there anymore. everything is closed. >> zillow said rent has fallen for the first time since it started tracking them in 2014. prrs dc d a meage for the post master general and they sent it to his home. they want him to step down. protestors believe he is dismantling the postal service and if it contributes to voter suppression the democratic representative who chairs the submite of government operations which oversees the post office is also calling for him to resign. >> he immediately to asll atiobut were basically one big tr a.j. an horse designed to delay
according to zillow inventory has soared by 96% year over year. moving vans a common sight with most of them heading out. emic hasrigger e leaving becaus jobs allow them to work remotely but others it's not voluntary. >> a lot of people don't want to leave but people are loosing their jobs. >> the reason is that a lot of things which -- drew us to san francisco, you want to be close to the opera, want to be close to the valley, all the small businesses, and it's basically nothing,...
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zillow is at the center of the action. to be okay. stuart: okay. thanks very much, lauren. facebook now up $11.50 per share. after censoring the president of the united states. i guess investors think that's the right thing to do. more "varney" after this. or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. i'm an associate here at amazon. step onto the blue line, sir. this device is giving us an accurate temperature check. you're good to go. i have to take care of my coworkers. that's how i am. . . i would do it in a heartbeat. some companies still have hr stuck between employeesentering data.a. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it drags the entire business down -- with inefficiency, errors and waste. it's ridiculous. so ridiculous. with paycom, employees enter and manage their own data in a single, easy to use software. visit paycom.com, and schedule your demo today
zillow is at the center of the action. to be okay. stuart: okay. thanks very much, lauren. facebook now up $11.50 per share. after censoring the president of the united states. i guess investors think that's the right thing to do. more "varney" after this. or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. i'm an associate here at amazon. step onto the blue line, sir. this device is...
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Aug 3, 2020
08/20
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. >> what's going on >> i bought zillow about a year ago.nd it's doing pretty good so i just wonder if i should take them off the table or buy >> you're just fine. hold onto zillow it's got that great new management team and they are doing things right i think that you are in very good shape with zillow never thought i'd say that, but, holy cow, you change your model and it works there you go right now we're not winning the war against the pandemic so what do you do? well, you buy the cramer covid-19 index these are the top ones today pretty easy to figure out. more "mad money" tonight how is the covid-19 pandemic impacting pinterest? i am talking with the ceo. see if you can pin it to win it. and a clean break in stepping down as ceo. i'm talking with him about the move in the company's quarter. and while some companies met heightened earnings expectations, simple team wasn't so lucky stock took a tumble. but could it be a buying opportunity? i've got the exclusive so stay with cramer. >> don't miss a second of "mad money. follow @jimcramer
. >> what's going on >> i bought zillow about a year ago.nd it's doing pretty good so i just wonder if i should take them off the table or buy >> you're just fine. hold onto zillow it's got that great new management team and they are doing things right i think that you are in very good shape with zillow never thought i'd say that, but, holy cow, you change your model and it works there you go right now we're not winning the war against the pandemic so what do you do? well, you...
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Aug 6, 2020
08/20
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BLOOMBERG
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zillow, the beneficiary of that. up about 9% in after-hours trading.er thing that has been hot, the ipo market. last month, july, one of the busiest months in decades for the nasdaq. sales byhare special-purpose acquisition companies are becoming the biggest part of the ipo universe. joining us, jeff thomas. let's start off with the appetite hereby investors for these new listings, these ipo's. ?hat do you think explains that jeff: investors are not really sure where to put their cash right now. when you get these new issues coming to market, it is really an opportunity for some growth and to see a return on your investment. basically a call option on a future business combination where investors, if they don't like the deal, can actually pull their money out. seeline: how much do you new ways of coming to market overtaking the common ipo. we have been talking about direct listings, talking about spac's. will we start to see the shares differentiate? jeff: we have seen a lot of opportunities, whether it is direct listings, spac's. you have over $20 bil
zillow, the beneficiary of that. up about 9% in after-hours trading.er thing that has been hot, the ipo market. last month, july, one of the busiest months in decades for the nasdaq. sales byhare special-purpose acquisition companies are becoming the biggest part of the ipo universe. joining us, jeff thomas. let's start off with the appetite hereby investors for these new listings, these ipo's. ?hat do you think explains that jeff: investors are not really sure where to put their cash right...
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Aug 6, 2020
08/20
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check out zillow 's up 10%. we'll be right back.gement, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. the volatility. the ambiguity. this moment calls for more. and northern trust delivers more. with specialized expertise. proven strategies rooted in data and analytics... and insights borne from over 130 years of successfully navigating economic turbulence. giving you new clarity. inspiring confidence. and helping you uncover new paths forward. northern trust. wealth management. >>> welcome back >> facebook is banning adding from a pro-trump from lthe repeated third parties appeared to be false. they will not be able to advertise on our platform. there's no time frame for the ban. if advertisers repeatedly post inaccurate information, share inaccurate news, they will retricked their ability to ties. >>> coming up, a play on the broader digitization of the economy. we'll talk to the ceo of godaddy when we return when the world gets
check out zillow 's up 10%. we'll be right back.gement, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. the volatility. the ambiguity. this moment calls for more. and northern trust delivers more. with specialized expertise. proven strategies rooted in data and analytics... and insights borne from over 130 years of successfully navigating economic turbulence. giving you new clarity. inspiring...
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Aug 7, 2020
08/20
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CNBC
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instead of buying who will brothers or lennar, people are buying zillow. >> and you think that makesense? i would assume. >> yes, i do i think rich barton makes a very good case, they also of course, this buying and selling of homes that i think that the shear volume of moves in this country rather extraordinary. >> what's on the other side of this what do i want to short or stay away from as a result of this trend if it really sustains itself >> you want to short manhattan real estate not unlike what you have and you want to buy beach houses not unlike what i have. >> perfect great. okay so you and i just need to switch places, i guess. but you have so much real estate. >> true. >> i would assume at any one moment some of your portfolio, your vast portfolio, is suffering while other parts of it are going up. >> you mean like the parts where the tenants stop paying? >> where the tenants stop paying or you can't go because you are not allowed in the country. >> that hurt me substantially in two different countries. the real estate portfolio is not performing as well as i would like i
instead of buying who will brothers or lennar, people are buying zillow. >> and you think that makesense? i would assume. >> yes, i do i think rich barton makes a very good case, they also of course, this buying and selling of homes that i think that the shear volume of moves in this country rather extraordinary. >> what's on the other side of this what do i want to short or stay away from as a result of this trend if it really sustains itself >> you want to short...
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Aug 6, 2020
08/20
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zillow up 9%. that is one of the silver linings of the pandemic.eople are embracing online shopping. on the year, we see this trend. online travel agents down on the gear. nasdaq 100 up solidly. zillow up 56%. they have this and have-nots -- the haves and have-nots. it is clear that investors and traders are rewarding companies that can adapt quickly. emily: thanks so much. we will be back checking in with you tomorrow when we see the impact of that jobs report. meantime, i want to get back to uber. the pandemic wreaking havoc on uber's operation. revenue declining to $2.2 billion. delivery overtaking ridesharing for the first time in the company's history. highlights,re the or the low lights that you would pull out here today? >> the major highlight is that while round sharing -- while ridesharing is down year-over-year, it is starting to recover. in july, a decline of about 50%, compared to about 75% for all of q2. there is improvement sporadically. the real bright spot is ultimately the eats or delivery business, which grew in this quarter as pe
zillow up 9%. that is one of the silver linings of the pandemic.eople are embracing online shopping. on the year, we see this trend. online travel agents down on the gear. nasdaq 100 up solidly. zillow up 56%. they have this and have-nots -- the haves and have-nots. it is clear that investors and traders are rewarding companies that can adapt quickly. emily: thanks so much. we will be back checking in with you tomorrow when we see the impact of that jobs report. meantime, i want to get back to...
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Aug 31, 2020
08/20
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enter zillow and the almighty algorithm.e nerds. >> i didn't know that word until the 21 century. >> we built a statistical model to understand this relationship between the percentage of one's paycheck that goes toward the rental. >> chris is an assistant professor in statistician at the university of new hampshire and an adviser for zillow, a real estate adviser that kell the you how much your neighbor paid for their house, giving you another reason to hate thy neighbor. with all the information they decided to commission a study on the u.s. housing crisis. >> we fundamentally believe that good data will help craft good policy and good policy will make for good we will functioning market. >> the goal is predict when and how much it will be the housing affordability at the aggregate level. you think about the measure of housing affordability as the percentage of a paycheck that goes toward housing costs. pa as that increases, and specifically as it goes to about a third of income, once communities exceed that 31, 32% thresh
enter zillow and the almighty algorithm.e nerds. >> i didn't know that word until the 21 century. >> we built a statistical model to understand this relationship between the percentage of one's paycheck that goes toward the rental. >> chris is an assistant professor in statistician at the university of new hampshire and an adviser for zillow, a real estate adviser that kell the you how much your neighbor paid for their house, giving you another reason to hate thy neighbor....
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Aug 29, 2020
08/20
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zillow said there are two reasons for this., of course, the high cost of owning a home in the city, and, two, more companies are actually allowing employees to work remotely, leading many employees to pack up and go live somewhere less expensive. lake tahoe is going through a pandemic fueled housing boom on the other hand. many are leaving their honestlies and apartments locally and buying up homes and property around lake tahoe since so many are working from home right now. this is from carr long real estate, comparing the first half of 2019 to the first half of 2020. 270 more homes sold this year. the average sales price has gone up $126,000, and is now over $1 million. >> wow. >>> well, the flu season is right around the corner, and with the coronavirus still a threat, health experts say now more than ever, it is more important to get your flu shot. one big argument for that is the fact that this year hospitals really don't need the added stress. the weather gets cooler, healthcare worker are anticipating a covid spike in ca
zillow said there are two reasons for this., of course, the high cost of owning a home in the city, and, two, more companies are actually allowing employees to work remotely, leading many employees to pack up and go live somewhere less expensive. lake tahoe is going through a pandemic fueled housing boom on the other hand. many are leaving their honestlies and apartments locally and buying up homes and property around lake tahoe since so many are working from home right now. this is from carr...
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Aug 4, 2020
08/20
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the rental market was willing to buck the trend, zillow analyst says you can shave hundreds off your rent if you are willing to negotiate. >>> if you can say there is another unit that looks similar to mine, and it costs this amount, $200 less than i am currently paying. that might be very convincing. >>> public health orders and work from home policies have created an exodus from cities like san francisco and san jose. the more vacancies that pilot and pricey complexes that once catered to tech workers, the greater the incentive for landlords to slash prices. >>> many people think of relocating to cheaper places, if you hae a good internet connection, that is all you need. >>> do your homework and negotiate. >>> still ahead on kpix 5 and cbsn bay area. >>> when you hear your parents say it's another thing they're telling us but when your friends are saying it, then you know it is a little more serious. >>> the new campaign to get gen z'ers to help across the county. >>thw idea to stay in business and keep you in shape. >>> and what is going on with kids returning to play and what th
the rental market was willing to buck the trend, zillow analyst says you can shave hundreds off your rent if you are willing to negotiate. >>> if you can say there is another unit that looks similar to mine, and it costs this amount, $200 less than i am currently paying. that might be very convincing. >>> public health orders and work from home policies have created an exodus from cities like san francisco and san jose. the more vacancies that pilot and pricey complexes that...
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Aug 14, 2020
08/20
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zillow reports sellers there are getting less than asking price and homes are staying on the market twice as long. >>> well, her journey is almost over. a 10-year-old girl from yemen is expected to land at sfo this evening after being stranded in egypt without her family. last month her family fled wor attorney yemen. the family's attorneys said her papers never arrived and if the family had stayed they would have been at risk of losing their visas. so they left for san francisco without their child. the embassy recently got permission to issue the girl a visa. her family says they are so grateful for all the support. >>> well, admit it there's a good chance you do this, right, try to avoid touching that pedestrian button when you cross the street. now technology is being put to use in the south bay to help us avoid that dreaded button. our business and tech reporter scott budman gave it a wave and a try. >> reporter: some of us use an elbow. some choose to kick it, sometimes a grocery bag does the trick. >> i'm not touching it. >> reporter: for months now many of us have been contorting
zillow reports sellers there are getting less than asking price and homes are staying on the market twice as long. >>> well, her journey is almost over. a 10-year-old girl from yemen is expected to land at sfo this evening after being stranded in egypt without her family. last month her family fled wor attorney yemen. the family's attorneys said her papers never arrived and if the family had stayed they would have been at risk of losing their visas. so they left for san francisco...
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this case friends of former prime minister and president dmitri medvedev activist pick up the rivers zillow says not all news reported symptoms remind him of his own poisoning he blames the secret police. you lose your coordination your sense of smell and sight and you can't walk and then you end up in the intensive care ward in a serious condition that's very similar to what happened to me 2 years ago and then . there's a lot it was treated in berlin's sherry tay hospital the clinic is now waiting to treat no volumnia if he's permitted to travel there. let's get the latest on the story now. correspondent emily share when a standing by for us hi emily so 1st we hear that not only is being flown out of the country then doctors say that he cannot be moved and now they're ruling out poisoning tell us more about what's been happening. well we've heard a lot of kind of contradictory statements from the doctors since yesterday and even today the head doctor of the hospital initially said that it would take up to 2 days to get a final diagnosis and that they had various working versions of what ha
this case friends of former prime minister and president dmitri medvedev activist pick up the rivers zillow says not all news reported symptoms remind him of his own poisoning he blames the secret police. you lose your coordination your sense of smell and sight and you can't walk and then you end up in the intensive care ward in a serious condition that's very similar to what happened to me 2 years ago and then . there's a lot it was treated in berlin's sherry tay hospital the clinic is now...
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this case friends of former prime minister and president dmitri medvedev activist be out there for zillow says not all news reported symptoms remind him of his own poisoning he blames the secret police. you lose your coordination your sense of smell and sight and you can't walk and then you end up in the intensive care ward in a serious condition that's very similar to what happened to me 2 years ago and then . there's a lot it was treated in berlin's sherry tay hospital the clinic is now waiting to treat know volumnia if he's permitted to travel there. let's go right to moscow our correspondent emily sherwin a standing by for us there hi emily is there any update on of all these health status. well we've heard a statement from the head doctor of the cost but where nobody is being treated and he said that the working diagnosis of the doctors there at the moment is that not only has. met about metabolic disease so essentially problems with his digestion and that the fact that he fell unconscious was caused by low blood sugar just or reminder that he was carried out of the plane yesterday w
this case friends of former prime minister and president dmitri medvedev activist be out there for zillow says not all news reported symptoms remind him of his own poisoning he blames the secret police. you lose your coordination your sense of smell and sight and you can't walk and then you end up in the intensive care ward in a serious condition that's very similar to what happened to me 2 years ago and then . there's a lot it was treated in berlin's sherry tay hospital the clinic is now...
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Aug 14, 2020
08/20
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zillow reports sellers there are getting less than asking price, and homes stay on the market twice as long. >>> well, here's something good. san francisco symphony is joining forces with the conservatory of music to launch a new program to bring more diversity to the industry. it's a ten-year plan aimed at creating new musical works from black composers. it's called the emerging black composers project. winning composers will each receive a $15,000 commissioning fee and mentorship from three well known bay area music directors. >>> we've been watching and listening as change happens around us. tonight marcus washington and jessica aguirre hosted our fourth conversation about race in america. if you missed tonight's t on our website, nbcbayarea.com. just click on the "race in america" tab at the top of the screen. >>> all right. up next, the giants and a's preparing for a showdown. we'll tell you about it. stay with us. >>> an off night for the giants and a's but that all changes tomorrow when the a's cross the bay. the bay bridge series begins at oracle park. football news tonight. ac
zillow reports sellers there are getting less than asking price, and homes stay on the market twice as long. >>> well, here's something good. san francisco symphony is joining forces with the conservatory of music to launch a new program to bring more diversity to the industry. it's a ten-year plan aimed at creating new musical works from black composers. it's called the emerging black composers project. winning composers will each receive a $15,000 commissioning fee and mentorship...
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it will open at a record high for zillow.hey said revenue grew 28% and they thanked favorable shifts in the housing market, the ceo crediting work from home. you can live anywhere. advancements in technology, think 3d home tours and affordability as three of the big reasons people are moving and will continue to move. zillow is even offering to buy people's homes directly. right now it has 440 in inventory across 24 markets. david: wow. lauren, thank you very much. there's nowhere to go but up for these urban households. >>> check futures. we are below triple digits. that is, we are trading better than triple digit loss that we saw before the jobs numbers came up. it did pop into positive territory after a very favorable jobs number. that was good news. now the market is settling into negative but not a great loss. about .3% on the dow jones industrial average, down 83 points. the nasdaq is down about the same amount, percentage wise. s&p a little more. >>> opening bell is coming up. we have larry kudlow next to respond to th
it will open at a record high for zillow.hey said revenue grew 28% and they thanked favorable shifts in the housing market, the ceo crediting work from home. you can live anywhere. advancements in technology, think 3d home tours and affordability as three of the big reasons people are moving and will continue to move. zillow is even offering to buy people's homes directly. right now it has 440 in inventory across 24 markets. david: wow. lauren, thank you very much. there's nowhere to go but up...
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Aug 18, 2020
08/20
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forget the usual zillow listing details. you know granite counter tops.ow about this one, a fully functioning jail that you can buy. love it or list it a part of the top stories. dow futures are up 60. we are back after isth >> lets get a check on other headlines including more record breaking heat in california and the start of the nba playoffs with phillip mena. >> good morning. 51 million people are facing heat alerts in california. on monday, california's governor signed an emergency order to improve power. and the electric grid says it will not start rolling outages >>> trump administration plan to open arctic refuge home to animals like polar bears and carrabu and believed to be millions of barrels of oil the drilling will take place in the coastal space that spans over a million acres >>> the nba playoffs started with a thrilling overtime game that saw the nuggets pass the jazz and a controversial fowl saw the player ejected in his first playoff game ejected. the clippers went with on to win game one >> more on the docket today. i'm looking forward
forget the usual zillow listing details. you know granite counter tops.ow about this one, a fully functioning jail that you can buy. love it or list it a part of the top stories. dow futures are up 60. we are back after isth >> lets get a check on other headlines including more record breaking heat in california and the start of the nba playoffs with phillip mena. >> good morning. 51 million people are facing heat alerts in california. on monday, california's governor signed an...
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Aug 25, 2020
08/20
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so are zillow, t-mobile and microsoft.y good news for the employees of those companies. probably really good news for area real estate agents and could be bad news for anybody else trying to buy a home in those markets. seattle, silicon valley taking off. random but interesting >>> to the markets, indicating even more today. on this, the u.s. and china potentially putting some differences aside to move that phase one trade deal forward >> we are learning that trade negotiations from u.s. and china did hold talks overnight about implementing the phase one trade agreement. we are hearing that discussion between lighthizer and mnuchin a statement from the white house says the two sides addressed matters including greater protection of property rights and agriculture access apple set to begin opening some retail stores in this country. the company will open a small number of stores in the coming week apple initially closed all stores in march and began reopening some in may to only open 120 of them >> asana has filed paperwork
so are zillow, t-mobile and microsoft.y good news for the employees of those companies. probably really good news for area real estate agents and could be bad news for anybody else trying to buy a home in those markets. seattle, silicon valley taking off. random but interesting >>> to the markets, indicating even more today. on this, the u.s. and china potentially putting some differences aside to move that phase one trade deal forward >> we are learning that trade negotiations...
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Aug 14, 2020
08/20
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zillow saw strong results in part of that is people shopping for bigger spaces in less urban areas. .ly users were up 12% autos is another big one and that has far-reaching ramifications. you see autos bouncing back much more significantly and that impacts automakers like gm and ford. that filters its way to a lot of companies that have big businesses supplying parts and that sort of thing. think about the categories are holding up, and ,e have to see if it lasts that's a big part of the economy. but having that being relatively robust is encouraging. some of these other categories, whether they hold up once we get through the pandemic, we will have to see. another one his rvs. people are trying to get out there, leave their protective bubble and take some sort of trip, but they don't want to get out an airplane. sellers.ig another one is rosetta stone which saw a 90% increase in demand for its consumer language offerings as people brush up on .heir spanish i feel i know someone on this set who will be doing that as taylor continues to out when us all in terms of her self learning. br
zillow saw strong results in part of that is people shopping for bigger spaces in less urban areas. .ly users were up 12% autos is another big one and that has far-reaching ramifications. you see autos bouncing back much more significantly and that impacts automakers like gm and ford. that filters its way to a lot of companies that have big businesses supplying parts and that sort of thing. think about the categories are holding up, and ,e have to see if it lasts that's a big part of the...
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Aug 16, 2020
08/20
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. >> according to zillow, inventory in the city in orange has soared by 96% year-over- year.ways tight. that percentage may not account for a huge number of homes. still, compare that to the other big cities on either side. we saw plenty of people loading up moving vans this morning. >> we sent wilson walker to ask them where they are >> this is something could feel happening in san francisco for a little while. >> reporter: it's hard to turn a corner and not see it in front of you. >> i started this in january. i got it working moment. every one is working remote and policies are not so amended. there's no reason to stay here when i could go back home and work remotely. >> reporter: a tech work with the job but no office. another set of boxes under truck. san francisco is now crawling with moving vans for evne di ing? my familyin oo. >> it'ds. it sounds t to go to hawaii. we love the city as well. it's basically just to get the kids in school face to face. for the first time in my career, i virtual. >> a lot of things which dress to san francisco. we want to be close to the
. >> according to zillow, inventory in the city in orange has soared by 96% year-over- year.ways tight. that percentage may not account for a huge number of homes. still, compare that to the other big cities on either side. we saw plenty of people loading up moving vans this morning. >> we sent wilson walker to ask them where they are >> this is something could feel happening in san francisco for a little while. >> reporter: it's hard to turn a corner and not see it in...
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Aug 18, 2020
08/20
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on data sets from all over the place whether you want to look at credit and debit spending or what zillow is saying about searches for real estate we know there's going to be a deurbanization to some extent and home depot and lowe's that plays right into their strength. you get a yawn at great news >> what about this other thing that carl flagged something from trim tabs that i thought was interesting. trim tabs says august is on track to be the third month of the past four where insiders selling exseepdsed $15 billion at pace unseen since 2006. if insiders are selling at that pace, what does that say about where we are in the market and how their typical investors should be thinking about stocks? >> i don't think you have to apologize for taking a profit. we know the s&p is up 50% from the lows i've always believed that people sell for all different reasons they buy because they believe in foundation of what they are doing. i pay more attention to buys, insider buys versus insider sells. >> how should we look at this, josh >> we should not look at it at all. prior peaks of huge insider s
on data sets from all over the place whether you want to look at credit and debit spending or what zillow is saying about searches for real estate we know there's going to be a deurbanization to some extent and home depot and lowe's that plays right into their strength. you get a yawn at great news >> what about this other thing that carl flagged something from trim tabs that i thought was interesting. trim tabs says august is on track to be the third month of the past four where insiders...
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Aug 4, 2020
08/20
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zillow's latest data shows recession and the pandemic are combining to drive down prices. >> the rentalarket is under pressure from a few directions here at once. >> reporter: not to mention that working from home means you don't have to move here in the first place. >> if you started a job at a tech company in the last few months, a lot of them have not moved to the bay area. they don't need to because they're not going to go to the office there. >> reporter: it turns out the drop in rents is more pronounced in urban downtown areas than in the suburbs. a, because we no longer have to live so close to the office and, b, because so many things we take advantage of downtown are at least partially closed. in san jose, scott budman, "nbc bay area news". >>> up next, another troubling sign of the times. the michelin star restaurant in san francisco that's closed. >>> santa clara county is adding two more coronavirus testing sites this week, one at san antonio elementary in san jose. the other is the south county annex in gilroy, open 10:00 a.m. to 3:00 p.m. tuesday through friday. testing at
zillow's latest data shows recession and the pandemic are combining to drive down prices. >> the rentalarket is under pressure from a few directions here at once. >> reporter: not to mention that working from home means you don't have to move here in the first place. >> if you started a job at a tech company in the last few months, a lot of them have not moved to the bay area. they don't need to because they're not going to go to the office there. >> reporter: it turns...
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Aug 21, 2020
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have when you refer to the gik, the speculation and companies like zoom and shopify and spotify and zillowfool theory reminiscent of what we saw during the tech bubble in 2000 >> so, scott, at what point do you think investors will demand some proof of those valuations for the companies where you cite that speculation one quarter? two quarters a year from now? at what point do they say this is the right valuation or otherwise reprice the stock? >> i don't know. i'm not a technician sometimes speculation persists for a long time. i'm old enough to remember the nifty fifty. so speculation can continue for a long time. that doesn't mean a good valuation. when you see companies, i mean, hike a spotify with $50 billion in market cap and no earnings, must give us pause you have to be cautious. it's for people when want to, you know, play black and red on the roulette wheel >> pivoting back to the bigger tech names you didn't put into the most concerning basket including apple which you own, pushing up against $500, up another 8% this week worth over $2.1 trillion. i mean, do you start to conside
have when you refer to the gik, the speculation and companies like zoom and shopify and spotify and zillowfool theory reminiscent of what we saw during the tech bubble in 2000 >> so, scott, at what point do you think investors will demand some proof of those valuations for the companies where you cite that speculation one quarter? two quarters a year from now? at what point do they say this is the right valuation or otherwise reprice the stock? >> i don't know. i'm not a technician...
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Aug 4, 2020
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of course, microsoft, tik tok in the news spencer is with us zillow co-sponsor and board member goodo see you, spencer. >> great to be here. >> you made a great call at least on facebook the last time we had you on. you argued the ad boycott wouldn't impact the quarter. clearly it did not see what july brings i wonder whether it's facebook or some of these other big valuations we're discussing, the argument's made they are large for a reason given the relative strength of those companies, and do you see it going farther >> i mean, look, big tech is quite unstoppable. saw it this week when the government called them in nfor questioning and couldn't land a punch. covid accelerated big tech more than expected. social networking, cloud, ecommerce, big beneficiaries of covid. i don't see it slowing down. only thing that slows these companies down, truth of disrupter. like tik tok and social media or kind of hard to find one in the case of ecommerce. amazon maybe chopphi more and more power occurring for big tech and i see it continuing to grow. >> have they successfully avoided a china tr
of course, microsoft, tik tok in the news spencer is with us zillow co-sponsor and board member goodo see you, spencer. >> great to be here. >> you made a great call at least on facebook the last time we had you on. you argued the ad boycott wouldn't impact the quarter. clearly it did not see what july brings i wonder whether it's facebook or some of these other big valuations we're discussing, the argument's made they are large for a reason given the relative strength of those...
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Aug 29, 2020
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rate a report by online real estate company zillow says the cities rising housing inventory has left empty homes across the city like nowhere else in america. since the pandemic has allowed more people to work from home and fewer reasons to pay expensive prices to live in the city. >> the county mandates have changed the way we are living right now. bars, restaurants, night clams and events and all the things that drive city living and urban living have been stripped away practically overnight. >>> the median home price rose to an even $1 million, up 3.6% in may and just over 4% from one year ago. >>> help may soon be coming to those who have been unable to pay for their rent because of the coronavirus pandemic. a proposal introduced yesterday would protect people through january. the proposal must get a two thirds vote in each chamber of the state legislature by monday if it wants to pass. the early this month the state judicial council ordered the states only eviction moratorium to end this coming tuesday on september 1. >>> new unemployment help is on the way to some people in cal
rate a report by online real estate company zillow says the cities rising housing inventory has left empty homes across the city like nowhere else in america. since the pandemic has allowed more people to work from home and fewer reasons to pay expensive prices to live in the city. >> the county mandates have changed the way we are living right now. bars, restaurants, night clams and events and all the things that drive city living and urban living have been stripped away practically...
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Aug 20, 2020
08/20
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facebook, twitter, square, slack, shopify and zillow, home buying app.ng we thought about it. we think that, you know, if you don't have to come in, you can stay working as long as you're productive, doing your job, you don't have to come in ever again which i find remarkable. stuart: ashley, occurs to me this could be very bad news for office furniture makers, right? ashley: yeah, think about that. that is one of those sectors you don't really think about. two big office furniture companies in the u.s., steelcase. that stock down 46% year-to-date. reported its lowest sales in the last earnings report, since its ipo in fact back in 1998. so sales hitting a 22-year low. herman miller, that is another big office furniture provider, that stock down 43% year-to-date. also came up with a net loss of 174 million in the last earnings report. sales down 29%. these companies are struggling. stuart: they are indeed. thanks, ash. how about office rents, lauren, they have got to be coming down? lauren: big time. cbre says demand for office space is down the most sin
facebook, twitter, square, slack, shopify and zillow, home buying app.ng we thought about it. we think that, you know, if you don't have to come in, you can stay working as long as you're productive, doing your job, you don't have to come in ever again which i find remarkable. stuart: ashley, occurs to me this could be very bad news for office furniture makers, right? ashley: yeah, think about that. that is one of those sectors you don't really think about. two big office furniture companies in...
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Aug 28, 2020
08/20
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looked really scary they were worried but since the low of march 18, red fin shares are up 345%, zillowelievable but you were just talking about real estate as an investment with that previous guest. you have to remember these companies they are also buyers and they buy and sell homes online, using algorithm, so that's another way that they can boost themselves. stuart: i tell you it's a booming real estate market any way you slice it i just wish there were more homes on the market to buy. that's the way it is what's next i'll tell you what we got coming up. we heard from fed chair jay powell yesterday. he set the stage for a lower interest rate, as far as the eye can see. does that mean 2% mortgage rates maybe. big lineup on the show coming for you starting with pete hegseth, then we have louisiana senator bill cassidy, also coming up, i'm going to ask him about recovery efforts in louisiana, and we're asking tiki barber, is it just too much politics in sport these days? and you get my take on the joe biden debating the president, i say this is something he has absolutely, he's got to
looked really scary they were worried but since the low of march 18, red fin shares are up 345%, zillowelievable but you were just talking about real estate as an investment with that previous guest. you have to remember these companies they are also buyers and they buy and sell homes online, using algorithm, so that's another way that they can boost themselves. stuart: i tell you it's a booming real estate market any way you slice it i just wish there were more homes on the market to buy....
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Aug 7, 2020
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. >>> meantime, watching shares of zillow the stock soaring in the pre-market after recording $0 in thearter earnings. that beat estimates for an expected loss of 48 cents a share. revenue beating. that's back up to over 13% right now. check out shares of groupon. company says cost cutting during the first half of the year allowed it to deliver more than 70 million in free cash flow groupon beat on the top and bottom lines with loss of 93 cents a share -- on sales, i should say $392 million becky? >>> andrew, thanks when we come back, senator amy klobuchar is going to join us with the latest on the washington stimulus talks and what's happening there obviously everybody waiting and wondering. then also wondering what the president might do in response if there is no agreement that's reached. >>> by the way, just in case you forgot, it is jobs friday today. we'll be bringing you instant reaction from our jobs panel as soon as the july numbers hit at 8:30 again, the street is anticipating, at least this is what congress is looking for, a gain of 1.48 million jobs for the month of july. th
. >>> meantime, watching shares of zillow the stock soaring in the pre-market after recording $0 in thearter earnings. that beat estimates for an expected loss of 48 cents a share. revenue beating. that's back up to over 13% right now. check out shares of groupon. company says cost cutting during the first half of the year allowed it to deliver more than 70 million in free cash flow groupon beat on the top and bottom lines with loss of 93 cents a share -- on sales, i should say $392...
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Aug 24, 2020
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. >> is it sellers market statistics from zillow shows going to be sell faster, is it a ser market outside from place to place there are some market that are absolutely on fire. of the and i tell the brokers out there, be careful though because there are lots of folks thinking may be i will move out one or two or three years what is happened covid has been accelerant, two, three years hows applying i am not sure a sustained period of growth but very hot outside cities right now. >> makes sense jason thank you so much we will take a short break. we'll be right back. as business moves forward, we're all changing the way things get done. like how we redefine collaboration... how we come up with new ways to serve our customers... and deliver our products. but no matter how things change, one thing never will... you can rely on the people and the network of at&t... to help keep your business connected. yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having thos
. >> is it sellers market statistics from zillow shows going to be sell faster, is it a ser market outside from place to place there are some market that are absolutely on fire. of the and i tell the brokers out there, be careful though because there are lots of folks thinking may be i will move out one or two or three years what is happened covid has been accelerant, two, three years hows applying i am not sure a sustained period of growth but very hot outside cities right now. >>...
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Aug 13, 2020
08/20
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i was talking to zillow. manhattan the home on the market is sitting there two times as long as last year. if you look at san francisco, inventory up 96% from last year. that tells you the story. everywhere is looking good exempt for some of these big high-taxed cities. ashley: people are getting the heck out. thank you, lauren, very much. the dow turned positive. we're in the green across the board. well-done, lauren simonetti for doing that. look at the big tech names we follow every day. let's have a look. they're all higher right now. apple, amazon, facebook, all up well over 1%. good time to bring in our friend, gary kaltbaum. gary you saw a correction is coming for technology. why? >> a correction started on july 13th. most technology names put in little tops. the good news, it has been shallow. you have a few names moving back to old highs, apple breaking out, nvidia. i think it will not be so much of a big deal. the best thing with the market in the last month is all of sudden my screen has been lit u
i was talking to zillow. manhattan the home on the market is sitting there two times as long as last year. if you look at san francisco, inventory up 96% from last year. that tells you the story. everywhere is looking good exempt for some of these big high-taxed cities. ashley: people are getting the heck out. thank you, lauren, very much. the dow turned positive. we're in the green across the board. well-done, lauren simonetti for doing that. look at the big tech names we follow every day....
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Aug 16, 2020
08/20
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the market report shows that story in the city has risen 90% year on year, and zillow said the reasonsare allowing employees to work remotely, and many are choosing to pack up and go somewhere else less expensive. there are also concerns of a mass exodus in new york city. the pandemic, as well as a rise in crime, is causing people to leave the city. >> reporter: first came the pandemic, and hundreds of thousands of new yorkers reportedly fled the city temporarily. now, even more are leaving. this time permanently, saying they don't feel safe in the city anymore. >> people are afraid of other people. >> reporter: with fewer commuters on the streets, and in the subways, hairstylist jody usher said she was harassed twice on her commute, so she moved her family to florida. >> things became just less and less safe for me to stay here would beconstant fear. >> reporter: others are following amid spikes in gun violence, shootings up 177% this july, compared to last july. then public displays of junkies shooting up in mid-town, people who work in the area say they called police, but their call
the market report shows that story in the city has risen 90% year on year, and zillow said the reasonsare allowing employees to work remotely, and many are choosing to pack up and go somewhere else less expensive. there are also concerns of a mass exodus in new york city. the pandemic, as well as a rise in crime, is causing people to leave the city. >> reporter: first came the pandemic, and hundreds of thousands of new yorkers reportedly fled the city temporarily. now, even more are...
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Aug 29, 2020
08/20
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according to the real estate company zillow it says the city's rising housing inventory has left empty homes across the city like nowhere else in america. it says the pandemic is allowing more people to work from home and there are fewer reasons to pay expensive prices to live in san francisco. >> county mandates that change the way we are living right now. bars, restaurants, nightclubs, vents, all the things that drive city living have been stripped away practically overnight. >> the median home price rose to an even $1 million, up 3.6% from may. and just over 4% from a year ago . >>> help mason be coming to those who have been unable to pay their rent because of the coronavirus pandemic. a legislative proposal introduced today would protect tenants from eviction through january, as long as they pay 25% of their rent during that period. the plan must get a two thirds vote in each chamber of the legislature by monday to pass. earlier this month the state judicial council ordered the states only eviction moratorium to end this coming tuesday city to approve a buy a college dormitory and
according to the real estate company zillow it says the city's rising housing inventory has left empty homes across the city like nowhere else in america. it says the pandemic is allowing more people to work from home and there are fewer reasons to pay expensive prices to live in san francisco. >> county mandates that change the way we are living right now. bars, restaurants, nightclubs, vents, all the things that drive city living have been stripped away practically overnight. >>...