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May 7, 2021
05/21
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zynga's ceo joins me. -- zynga's earnings gave a pop to shares.ynga ceo joins me about the company's outlook and what he thinks about the apple epics. although stories in a moment, but first, u.s. stocks climbing on economic optimism of the u.s. jobs report. kriti gupta has the picture. kriti: it was a good day, but tech did not lead. it underperformed the s&p 500, even semiconductors, which have dropping pretty recently. i want to show you this trend that is emerging when we talk about tech. the yield is trading alongside big tech. we saw a little bit of an uptick in both, and that is a trend we want to watch in both. something else we really want to watch as the earning stories. you are seeing roku gaining after hours trading up a whopping 7% after strong sales forecast. you also have square reporting, beating revenue as well. those shares seeing some love. still in the green after hours. to the downside, we have beyond meat, restaurant closures weighing on that, but they are expecting growth as restaurants come back online. an peleton, back in
zynga's ceo joins me. -- zynga's earnings gave a pop to shares.ynga ceo joins me about the company's outlook and what he thinks about the apple epics. although stories in a moment, but first, u.s. stocks climbing on economic optimism of the u.s. jobs report. kriti gupta has the picture. kriti: it was a good day, but tech did not lead. it underperformed the s&p 500, even semiconductors, which have dropping pretty recently. i want to show you this trend that is emerging when we talk about...
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May 6, 2021
05/21
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sticking with gaming, zynga is reporting this week.ictions are starting to lift across the country, the game maker is still maintaining this year's profit outlook. for more on the predictions, we are joined by our guest. the pandemic is weighing, but game usage is staying up. >> over the last few quarters, as we have seen people start to return to work and go back to school, engagement and mobile games has continued to rise. that's because you can take your mobile game with you as you go back to a post-covid lifestyle. it is a flexible game in terms of it is free to play, it's on your phone, you complaint for as long as you want. it's really encouraging to see engagement continue to grow even as people go back to work and back to school. emily: you also have new game lunches coming up. how long can you benefit from this boost and does it abate and if so, when? >> that's hard to say. as each month and each week goes by, we will see engagement participation and audiences grow. it's exciting to see games like harry potter last year able t
sticking with gaming, zynga is reporting this week.ictions are starting to lift across the country, the game maker is still maintaining this year's profit outlook. for more on the predictions, we are joined by our guest. the pandemic is weighing, but game usage is staying up. >> over the last few quarters, as we have seen people start to return to work and go back to school, engagement and mobile games has continued to rise. that's because you can take your mobile game with you as you go...
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May 6, 2021
05/21
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paypal in the green as online payment vol coupe continues to benefit bottom line and zynga, talking abouthat play as the ceo later in the hour, that stock also rises this morning. d? >> well, jon, start with uber. is it time to reconsider uber lyft asa abn opening space? the wall of worry growing. revenue hit by $600 million charge for uk driver reclassification losses, look better than they should have because of that $1.6 billion sale of the self-driving unit the company will have to spend more to get drivers back on the platform also warns that its delivery business could slow this year, and carl and jon, not one time issues but themes far from resolved and will determine uber's future profitprofitabili. seeing it play out in uber share prices barely holding on to gains for the year and over the last week, digital companies hit hard lyft, doordash, uber, so many questions that overhang these companies and the gig economy, jon? >> yeah. i think investors need to look back at to what really makes these technology companies in a way, the worst part of sort of the tough news that uber, sho
paypal in the green as online payment vol coupe continues to benefit bottom line and zynga, talking abouthat play as the ceo later in the hour, that stock also rises this morning. d? >> well, jon, start with uber. is it time to reconsider uber lyft asa abn opening space? the wall of worry growing. revenue hit by $600 million charge for uk driver reclassification losses, look better than they should have because of that $1.6 billion sale of the self-driving unit the company will have to...
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May 13, 2021
05/21
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CNBC
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and from jefferies countered these will keep grows ons backs of others and andrew's top picks, zyngactivision and ea back to you. >> thanks, josh. a good segue, talking gaming applovin reporting its first results as a public company following the stretch as an ipo. tough on the stock like a lot of recent ipos that said, a lot on the street and joining us, founder and ceo. adam, good to see you. so revenue eps doubled year over year you said on the call a lot of that over the past couple quarters was attributable to acts on your machine learning. raised the question for me in six months meaning comps get tough or momentum to go for some time >> we're super excited about our growth put it in place six months ago these types of softwares improve themselves over time, as we continue to grow our first-party data from the games we built also bring more clients on to the platform there's a huge opportunity that we see to enable us to grow for years to come. we posted the shareholder letter on the website, too, i urge investors to read enumerating these opportunities as well and we're it ske
and from jefferies countered these will keep grows ons backs of others and andrew's top picks, zyngactivision and ea back to you. >> thanks, josh. a good segue, talking gaming applovin reporting its first results as a public company following the stretch as an ipo. tough on the stock like a lot of recent ipos that said, a lot on the street and joining us, founder and ceo. adam, good to see you. so revenue eps doubled year over year you said on the call a lot of that over the past couple...
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May 5, 2021
05/21
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earnings are also crossing josh lipton has them for us. >> wilf, zynga reporting q 1 results here, acomparable to what the street was looking for adjusts revenues coming in at $720 million the street was closer to $686 million. that's a beat. daily active users also beat, coming in at 38 million. analysts modelled closer to 36 q 2 guidance a beat for the year $2.9 billion in adjusts revenues versus adjusted 2.48 they are buying chart boost a mobile advertising and moneyatization platform for $250 million in cash. that's going close in q 3. heading into report the stock was down about 20% from its moet recent 52-week high. back to you. >> mike, wanted to turn to uber for a second that's the big one it is up about 1% after hours. better gross bookings. just wondering what the stock is reflecting when it comes to the recovery and mobility that we are clearly seeing balanced with the fact that it is going to be tough comps on delivery and there is some regulation risk here. >> for sure. it obviously had a good ride based on just the pure enthusiasm for the reopening on the way. so you ha
earnings are also crossing josh lipton has them for us. >> wilf, zynga reporting q 1 results here, acomparable to what the street was looking for adjusts revenues coming in at $720 million the street was closer to $686 million. that's a beat. daily active users also beat, coming in at 38 million. analysts modelled closer to 36 q 2 guidance a beat for the year $2.9 billion in adjusts revenues versus adjusted 2.48 they are buying chart boost a mobile advertising and moneyatization platform...
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May 6, 2021
05/21
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coming up, the zynga ceo at 5:00 in new york. this is bloomberg.as been feeling regulatory scrutiny recently as the fda proposed a ban on menthol cigarettes. abigail doolittle is looking into industry trends on that. abigail: you can see in january dipping briefly, then peaking sharply in february. for much of the spring, higher, but into the april 29 ruling of the fda, saying they want to take menthol cigarettes off the market, you see a big dip but climbing higher. why would that be? it would take a long time for this to happen. it could take up to a year for the fda to put the ruling forward, then for public commentary, than a couple of years to implement. that could be why we see a rebound. as for the menthol cigarettes on the market, you see the category that really dominates the market, marlborough up 40% of the market. newport, 14% owned by a london company, and cools, just 2%. relatively small slice of the market. as for philip morris, the sims -- this seems to be a favorite among analysts. we see the share price be volatile. we have the an
coming up, the zynga ceo at 5:00 in new york. this is bloomberg.as been feeling regulatory scrutiny recently as the fda proposed a ban on menthol cigarettes. abigail doolittle is looking into industry trends on that. abigail: you can see in january dipping briefly, then peaking sharply in february. for much of the spring, higher, but into the april 29 ruling of the fda, saying they want to take menthol cigarettes off the market, you see a big dip but climbing higher. why would that be? it would...
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May 21, 2021
05/21
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, front and center, heard from barry diller, but heard from the ceo of major gaming companies like zyngae on the apple side as well and say we're happy to pay the fees if it keeps the ecosystem clean and safe >> yeah. look they certainly benefit having that good relationship with apple for sure, but it's interesting, i think that what we've seen from snap it is becoming more of a utility outside of communication originally snap was a messaging tool between friends and now they have all of this map technology that is going to be over laid on the world around us i think as people get more out in the world, we are going to see that map feature really becoming part of things. speaking of apple, apple ceo tim cook is testifying now here are some pictures of cook entering the building just a few moments ago. we'll get you the latest details. that's coming up when "techcheck" returns. stay with us competition beat us again. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday
, front and center, heard from barry diller, but heard from the ceo of major gaming companies like zyngae on the apple side as well and say we're happy to pay the fees if it keeps the ecosystem clean and safe >> yeah. look they certainly benefit having that good relationship with apple for sure, but it's interesting, i think that what we've seen from snap it is becoming more of a utility outside of communication originally snap was a messaging tool between friends and now they have all of...
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zynga, mobile game-maker showing signs of life despite making less than anticipated.se lines lost 1 1/2 billion dollars in the first quarter, slightly better than anticipated. overall bookings, net of cancellations, according to the ceo, double the volume during the previous quarter. there might be some hopes much recovery in cruising. olive garden owner darden being called outperform by callan, worth $160 million. you think this is recovery with italian bread and italian food dining? stuart: i don't know. i don't know how things will work out when we're back to normal. investors don't think much, the stock is down a fraction. susan: garlic bread, always the garlic bread. stuart: i do like the garlic bread by the way. jeff bezos, he sold a lot of amazon shares. susan: a lot. stuart: how much did he sell and why did he sell it? susan: a lot for me and you and the average person but not for jeff bezos but he sold over $2 billion worth next two days. most of that taking place on monday. the filing said this was prescheduled. we knew this was happening. bezos is accelerat
zynga, mobile game-maker showing signs of life despite making less than anticipated.se lines lost 1 1/2 billion dollars in the first quarter, slightly better than anticipated. overall bookings, net of cancellations, according to the ceo, double the volume during the previous quarter. there might be some hopes much recovery in cruising. olive garden owner darden being called outperform by callan, worth $160 million. you think this is recovery with italian bread and italian food dining? stuart: i...