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May 2, 2024
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a lot of that is due to google, isn't it suggesting that google has been innovating in search, despite sort of the assertion of the government he also says it seems a hard road for the department of justice to get him to conclude that google has not innovated enough over the past ten years also some skeptical questions, though, for the google side or some skeptical statements anyway for the google side. mehta saying, i don't think the average person would look at google and amazon as being the same they are different that goes right to the heart of what google is saying here, which is, their broad market includes search from a whole lot of entities, including amazon and tickktiktok meta saying, wait a second, that is beyond what the normal person would think of a competitor to google mehta saying that there hasn't been real competition for these s slots, these exclusive slots for 10, 15 years, suggesting he sees the world in a similar way to how the government sees the world. we'll see ultimately whether he sees this whole case the way he sees -- the way thetice jusstict >> hang around
a lot of that is due to google, isn't it suggesting that google has been innovating in search, despite sort of the assertion of the government he also says it seems a hard road for the department of justice to get him to conclude that google has not innovated enough over the past ten years also some skeptical questions, though, for the google side or some skeptical statements anyway for the google side. mehta saying, i don't think the average person would look at google and amazon as being the...
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Apr 30, 2024
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it's possible that google gets is intermediated. i understand the various concerns on google. they have this extremely strong dominant position, nothing could up and that unless you added technology shift. genai potentially is a technology shift. it is that google has been investing in genai, you know, they've been talking about this being nai first company for about seven years. so, they weren't late to the party. i think the party got started and they got maybe a bit of a cake and they got it and i think this fired up google a little bit. i think all of that set up is correct. i like google here. now the risk reward is even stephen. earlier this year, it heavily favored google for smart, savvy investors like dan. >> to be clear, he points out as well the third point returned 7.8% in the flexion fund during the first quarter, meta-, big contributor to that. he has that too. amazon, a big contributor to that as well as microsoft and, by the way, he also reveals adding to their position in tsmc, that is taiwan semi. we can send that up there as well. again, around ai. daniel lo
it's possible that google gets is intermediated. i understand the various concerns on google. they have this extremely strong dominant position, nothing could up and that unless you added technology shift. genai potentially is a technology shift. it is that google has been investing in genai, you know, they've been talking about this being nai first company for about seven years. so, they weren't late to the party. i think the party got started and they got maybe a bit of a cake and they got it...
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Apr 26, 2024
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boosted by earnings by microsoft and especially google. alphabet up more than 10% today, as you see right there we'll have more on those results coming. >> and what we're seeing here is that today's game is really pushing alphabet into the $2 million market cap along with microsoft and nvidia all the major averages set to end this week with gains the nasdaq up more than 4% you can see that big drop yesterday morning and then that steady rebound yesterday and into today's session we'll keep our eye on that, tyler. >> all right let's start with a number helping to clear the way for this rally after yesterday's worrying gdp report. the markets seemed to like what they saw in this morning's pce that's an inflation number steve joins us now with a little bit more what did they like and you started to explain this in the last hour or two, and i'd love to hear you continue. what is the difference between pce and cpi and all these other different inflation numbers, and why does the fed like pce? >> all right i'll start there the cpi is the consume
boosted by earnings by microsoft and especially google. alphabet up more than 10% today, as you see right there we'll have more on those results coming. >> and what we're seeing here is that today's game is really pushing alphabet into the $2 million market cap along with microsoft and nvidia all the major averages set to end this week with gains the nasdaq up more than 4% you can see that big drop yesterday morning and then that steady rebound yesterday and into today's session we'll...
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May 2, 2024
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google's search dominance, that could impact google's position in the next phase, which is gen ai >> let's talk about the competitive dynamic. i'm on my instagram feed, owned by meta. as i go to the search bar, the search bar says ask meta ai anything this is becoming ubiquitous across big tech. who has the lead and how successful can they be >> it depends on what you mean by the lead. who has the best technology, there's a leader board on a site like hugging face that tells you. but for the consumer, it doesn't matter they're all all going to basicay do around the same thing you don't necessarily need the most advanced version. then you look at something like distribution nobody really comes near google, right? everyone uses google search many, many times a day, billions of users what does it do with that distribution can it leverage that to sort of get away -- to get ahead and put its generative ai into the hands of the billions of users the example you brought up, when you opened your instagram or whatsapp or your facebook, any of the family of apps meta makes, they're utilizing t
google's search dominance, that could impact google's position in the next phase, which is gen ai >> let's talk about the competitive dynamic. i'm on my instagram feed, owned by meta. as i go to the search bar, the search bar says ask meta ai anything this is becoming ubiquitous across big tech. who has the lead and how successful can they be >> it depends on what you mean by the lead. who has the best technology, there's a leader board on a site like hugging face that tells you....
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Apr 26, 2024
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there is one google. this is it to think google wouldn't fix that and learn from that mistake going forward, that was a fixable issue. it was not a shot to the heart they don't really know what they own. they puked it creating opportunity. frankly, that's the advantage for me of not being benchmarked. i don't think tech has to be this, i'll take a slightly out sized bet and be slightly 1% above or i can't have a position larger than 3% i'm just there to make money or in some cases lose money. but frankly, this is one that will keep going and going. >> today, you guys are making money. the stock sitting at 172 a lot of price target upgrades, too. we've got to move on to microsoft because this is also an impressive report this is one of your holdings what did you make of the quarter? >> so i think they are like the best combo from a ceo/cfo out there. i thought what he said was so important. he's like, as it relates to ai, he said we are continuing to ai dmom ratize expertise across the workforce. i sit in
there is one google. this is it to think google wouldn't fix that and learn from that mistake going forward, that was a fixable issue. it was not a shot to the heart they don't really know what they own. they puked it creating opportunity. frankly, that's the advantage for me of not being benchmarked. i don't think tech has to be this, i'll take a slightly out sized bet and be slightly 1% above or i can't have a position larger than 3% i'm just there to make money or in some cases lose money....
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Apr 26, 2024
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this report from google is more reflective than the google ad environment? >> absolutely. google and meta have half of the global digital ad market both added $6 billion and $7 billion respectively in terms of additional ad spend year on year when you add that with microsoft, you are looking at $25 billion of incremental revenue they pulled in year on year that is unprecedented. we have never seen that economic concentration. they are backing that up with massive investment google is on the $50 billion cap ex run rate. they are plowing money into the a.i. arms race like never before. >> alphabet cap ex is up year on year most of the spending is expected to be spent on artificial intelligence snap is using a.i. to boost their ad business. mark zuckerberg is investing in a.i., but did not have a clear path forward richard, does a.i. matter when it comes to the ad space i don't think we quite see the impact of it when it comes to the copilot. in the ad space, is there a definitive use case? >> the reality is a.i. has been driving the ad business for years already. all of the
this report from google is more reflective than the google ad environment? >> absolutely. google and meta have half of the global digital ad market both added $6 billion and $7 billion respectively in terms of additional ad spend year on year when you add that with microsoft, you are looking at $25 billion of incremental revenue they pulled in year on year that is unprecedented. we have never seen that economic concentration. they are backing that up with massive investment google is on...
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Apr 25, 2024
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go google's parent adding more than $300 billion in market cap after announcing its first ever dividend and a $70 billion stock buy-back let's get more on the numbers with deirdre bosa. >> hey, mel. the call is still under way. the q&a should be beginning soon no surprise, the ceo spent a lot of time talking about his a.i. strategy i want to highlight how the company says it's navigating generative a.i. in search ads, its cash cow he says he's encouraged by what he's seeing so far, including an increase in search usage the chief business officer went a little further, saying that ads are, indeed, finding a place in gen-a.i. products and confident that the opportunity will expand. he also made a point to tell investors that google isn't just search ads anymore he noted that youtube and cloud will have a combined run rate of over $100 billion, suggesting that growth of those units will increase, as well. now, he's also keeping efficiency front of mind, investors loved this he noted head count growth, which was a reduction year over year, and monetization he listed a number of paths to mak
go google's parent adding more than $300 billion in market cap after announcing its first ever dividend and a $70 billion stock buy-back let's get more on the numbers with deirdre bosa. >> hey, mel. the call is still under way. the q&a should be beginning soon no surprise, the ceo spent a lot of time talking about his a.i. strategy i want to highlight how the company says it's navigating generative a.i. in search ads, its cash cow he says he's encouraged by what he's seeing so far,...
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Apr 25, 2024
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that applies for google as well revenue contribution is still unclear, but for google it is expected to show up in the cloud. continues to spend bill, warning that capex spend will be larger. how does sundar pichai protect search ads while embracing gen a.i. and chatbots? look to core search advertising numbers. the advertising numbers were lower than expected and some thought, uh-oh, gen a.i. is pulling away from search google, too, needs a new ceo they still don't have one. potentially an announcement tonight. we'll be listening maybe a small chance of this, some are looking tonight for a dividend especially after meta sur surprised markets by issuing one that could offset some concerns around spending. it has withheld for a long time. >> jim, what are you expecting you're a shareholder >> i am not expecting a reaction in either. the multiple differential is too wide but if that corrects by maybe microsoft coming down and google going up they all have irons in the fire besides this you have the web services. you have the basic search businesses and web at google not to mention yaho
that applies for google as well revenue contribution is still unclear, but for google it is expected to show up in the cloud. continues to spend bill, warning that capex spend will be larger. how does sundar pichai protect search ads while embracing gen a.i. and chatbots? look to core search advertising numbers. the advertising numbers were lower than expected and some thought, uh-oh, gen a.i. is pulling away from search google, too, needs a new ceo they still don't have one. potentially an...
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Apr 24, 2024
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>> more cautious on google, but here is the thing about google. there is only one mag 7 stock that is up over the last month, it is google. i think the story with that is, a month ago, investors had totally written off google. they gave up on it. we had the gemini issues -- >> longer back than a month ago. >> it was ugly. >> basically, for the last year, the noise around that company is that it is lost. >> yes. >> not only lost the ai race, but it has just lost. >> right. internally, it feels like the good news is, though, we are starting to see just a little bit of them coming back to sanity, coming back to reality, and may be a meta like year of efficiency. we saw yesterday, the search boss talked about efficiency. and it is funny hearing their search boss say, "we need urgency at google," is empowering. and it is important for me as an investor to hear that because that is a fair criticism of google over the last year. they need urgency. hopefully, we hear more about it on the call. >> funny that the stock performance hasn't matched the narrati
>> more cautious on google, but here is the thing about google. there is only one mag 7 stock that is up over the last month, it is google. i think the story with that is, a month ago, investors had totally written off google. they gave up on it. we had the gemini issues -- >> longer back than a month ago. >> it was ugly. >> basically, for the last year, the noise around that company is that it is lost. >> yes. >> not only lost the ai race, but it has just...
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Apr 29, 2024
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many incruding yours truly were concerned about how ai could hurt google's search it helps search which then helps advertising. allowed us to see the good things that are happening at google cloud they've announced new products and features in the last eight months more than 300 partners including mercedes-benz and walmart. all huge accounts. they claim the cloud business is viewed at the leader in cybersecurity. they're using alphabet for health i can't disagree as for search, it beat expectations by 100 basis points, growing at 14% we know viewers are watching a billion hours of youtube each day and ad revenues were up 21%. cloud's up 28% if you put youtube and cloud together, these businesses without exit the year at a phenomenal $100 billion run rate fantastic margins. buy, buy, buy. at alphabet president stated, youtube has become the leader in streaming for the last 12 months for example, help mcdonald's build the restaurant of the future, they're deepening their partnership across google cloud. i love that kind of detail operating expenses were 24.1%. there were $760 million in e
many incruding yours truly were concerned about how ai could hurt google's search it helps search which then helps advertising. allowed us to see the good things that are happening at google cloud they've announced new products and features in the last eight months more than 300 partners including mercedes-benz and walmart. all huge accounts. they claim the cloud business is viewed at the leader in cybersecurity. they're using alphabet for health i can't disagree as for search, it beat...
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Apr 25, 2024
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google has the premium service google this more at risk than meta google business is search and the entire search model is in a way that music is to cds people don't need to search if they have embedded a.i. in the copilot. >> hyper scalers you say it is critical for a.i. leadership azure, the cloud offering, and amazon web services are in the lead google the right now is a loser slight deceleration from last quarter, but strong. the consensus is they are gaining market share why do you see them as a loser >> i think google is number three and a distance between number one and two i think cloud is a pre-requisite for a.i. they are well positioned there my key for google is the search business means they haven't articulated the business model to solve the threat to a.i. >> very quickly, oracle, do you see them as a rising player? when the a.i. revolution started, they were vocal about the partnership with nvidia. >> i see them as a rising player i have them in my portfolio. they will be strong in health tech that is the big industry to get reformed i think in the same way that larry ellison
google has the premium service google this more at risk than meta google business is search and the entire search model is in a way that music is to cds people don't need to search if they have embedded a.i. in the copilot. >> hyper scalers you say it is critical for a.i. leadership azure, the cloud offering, and amazon web services are in the lead google the right now is a loser slight deceleration from last quarter, but strong. the consensus is they are gaining market share why do you...
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Apr 26, 2024
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google is restructuring. if you look at microsoft, the head count was down and costs are not growing as much. they are all investing in the cap ex amy is saying we are only going to build up the cap ex if demand is there if you transition back to meta they are investing heavily they raised cap ex again the second thing is they are not showing as much cost control as others they are showing some. the cap ex is going to old reality labs business. investors see that as suspicious not all of it is going to a.i. the other bit that is quite clear is that google and microsoft have businesses benefitting from that. we are seeing the revenue. microsoft said 7% of growth in cloud was coming from a.i. products meta is actually not really clear what their business model is going to be they are giving away the models. >> investors do not like the metaverse one bit. one thing that is underreported is the digital ad business google with a rebound. double bdigits year over year. what does that tell you about the companies fo
google is restructuring. if you look at microsoft, the head count was down and costs are not growing as much. they are all investing in the cap ex amy is saying we are only going to build up the cap ex if demand is there if you transition back to meta they are investing heavily they raised cap ex again the second thing is they are not showing as much cost control as others they are showing some. the cap ex is going to old reality labs business. investors see that as suspicious not all of it is...
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Apr 29, 2024
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you know, aapple, again, i think there's a defensive aspect and google was a surprise. i think that stock has been flat, and they had strong earnings there, new dividend i think there are pockets of the market where you can play. i just think that it's going to be a lot-earning-dependent and not so much about a thesis and when and how much the fed is going to cut >> all right, well, coming up, we're watching paramount shares on the move after the company's earnings report. how the ceo stepping down will impact the future of the company and the latest on deal talks, that's next. >>> and by the way, speaking of earnings, sofi getting hit what has investors heading for the door on this heavyweight we'll explain when "fast money" returns. we're back in two. still have a lot of show for you. >>> you're watching "fast money" here on cnbc we'll be right back. with no children and no casinos. we actually have reinvented ocean voyages, designing all-inclusive experiences for the thinking person. viking - voted world's best by both travel + leisure and condé nast traveler. learn
you know, aapple, again, i think there's a defensive aspect and google was a surprise. i think that stock has been flat, and they had strong earnings there, new dividend i think there are pockets of the market where you can play. i just think that it's going to be a lot-earning-dependent and not so much about a thesis and when and how much the fed is going to cut >> all right, well, coming up, we're watching paramount shares on the move after the company's earnings report. how the ceo...
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Apr 30, 2024
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karen and i were talking preshow, they have an agreement with google, google is sending them ads on their platform, that's probably helping, as well, drive traffic, drive revenues, so, let's see where the stock settles in. a move like this, i don't want to be a buyer or seller. >>> eli lilly topping the tape, soaring 6% on earnings beat and full-year guidance that came in well above street estimates, even with a revenue miss in the quarter. receiving strong demand and increasing supply for its weight loss drugs. the stock is now less than $20 away from the all-time high it made in march. so, second half, there will be better production to meet the staggering demand. >> i want to go to you first on this one. i mean, so, the mounjaro miss was -- that was the only thing to point to, right? and i don't think -- >> it's not because of demand. >> right. >> it's wholesaler destocking. it's not -- >> we get to this, is it deny -- a sale denied or delayed? it's delayed. so, this was really impressive. i don't know what inning -- it is nvidia and just a totally different market. i don't know what i
karen and i were talking preshow, they have an agreement with google, google is sending them ads on their platform, that's probably helping, as well, drive traffic, drive revenues, so, let's see where the stock settles in. a move like this, i don't want to be a buyer or seller. >>> eli lilly topping the tape, soaring 6% on earnings beat and full-year guidance that came in well above street estimates, even with a revenue miss in the quarter. receiving strong demand and increasing supply...
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Apr 25, 2024
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microsoft and google are both expected to show strong growth with the cloud business. how important is that growth we saw meta with great results eps doubled year over year, but the invest m ment in a.i. is as important for growth >> they are important. i think the difference is for microsoft a.i. is an enabler for google, the cloud business can pick up growth and show growth from a.i. on the contributions with the gpu here. deaffinitely the cloud growth is important here >> okay. let's talk about ad spending for a moment meta posted a miss when it came to the ad. >> referee: ad revenue it is a big part of the business for microsoft. should investors be concerned about the digital ad spending market and outlook >> it is a bigger issue for google oand alphabet what happens is can they continue their low comp from last year. we are expecting 12% growth in the ad spending and ad business. can we see that? that would give some comfort to investors that the search business is not getting disrupted by a.i you know, meta pointed to slowdowns from china that's something to wat
microsoft and google are both expected to show strong growth with the cloud business. how important is that growth we saw meta with great results eps doubled year over year, but the invest m ment in a.i. is as important for growth >> they are important. i think the difference is for microsoft a.i. is an enabler for google, the cloud business can pick up growth and show growth from a.i. on the contributions with the gpu here. deaffinitely the cloud growth is important here >> okay....
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Apr 26, 2024
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everybody is worried about the future for google, but the present looks real good for google as reacceleration in terms of revenue growth, issued a dividend, offered a stock buyback. -- making trouble inside the company saying, no more, you guys got to get out. all of a sudden the narrative around apple -- around alphabet starting to shift. people starting to say, this company remains strong those worries might come into play but they're not happening immediately. now we're looking at it, $2 trillion. >> truly is. the radio folks, alphabet, google, is up 10% right now, just a monster move. going back nine and a half years. best say since it did feel like you see all these things that are happening at the company and people are like, oh, gemini's got these weird search results and it's gotten too whatever. pichai laying down the hammer. it's a place of work you do work or you go somewhere else it feels like that did have a market shift almost. >> definitely. he had to change the story and i think he understood that he fired the employees that had taken over -- it's not like they were hanging ou
everybody is worried about the future for google, but the present looks real good for google as reacceleration in terms of revenue growth, issued a dividend, offered a stock buyback. -- making trouble inside the company saying, no more, you guys got to get out. all of a sudden the narrative around apple -- around alphabet starting to shift. people starting to say, this company remains strong those worries might come into play but they're not happening immediately. now we're looking at it, $2...
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Apr 24, 2024
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you can't do that with google. for me, with my strategy that eliminates it from my portfolio. >> so let's talk tesla bryn, i'll start with you. we made it our chart of the day, obviously, on the back of earnings it is higher it's not like the earnings report was great it was far from it but this idea of what musk talked about about the production of affordable new evs by early '25 is what has jump started the stock today, so you'll take the leader of this company at his word, i suspect the market seems to be >> yeah, well, you and i talked about this on "closing bell" yesterday, and i said, the sentiment and the bearishness on this stock, right, not the company, on the stock, was so loud, it was deafening if i was short the stock, which clearly i'm long, i would not be short this name going into the earnings print if they do even less, the stock is going to pop. that's exactly what happened i thought it was a very good earnings call. elon was like the adult in the room to me it was quintessential elon he had good a
you can't do that with google. for me, with my strategy that eliminates it from my portfolio. >> so let's talk tesla bryn, i'll start with you. we made it our chart of the day, obviously, on the back of earnings it is higher it's not like the earnings report was great it was far from it but this idea of what musk talked about about the production of affordable new evs by early '25 is what has jump started the stock today, so you'll take the leader of this company at his word, i suspect...
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Apr 26, 2024
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and alphabet, the ceo shot back at the idea google's core search business was under threat from chat bot search ends. he said -- >> he said google will monetize ai through subscriptions and cloud, just like microsoft is doing. one other interesting argument not related to ai necessarily, he said youtube and google cloud combined will have a $100 billion run rate this year his way of saying alphabet's more than just selling search ads. >> what do i get if i subscribe to one of these ai services, what is the one from microsoft >> microsoft is co-pilot >> and google -- >> so there's consumer versions that just regular people can sign up for on an individual basis. >> for free? >> there's a free version, a paid version is $20 a month. by the way, openai has a similar product that it offers by itself and that is also what google is trying to do is offer these subscriptions. on the enterprise level, that's where the real money is. big businesses coming in, tens of thousands of people coming in i just showed you that wall of companies buying, multiply 10,000 by $30 a month. that's why there
and alphabet, the ceo shot back at the idea google's core search business was under threat from chat bot search ends. he said -- >> he said google will monetize ai through subscriptions and cloud, just like microsoft is doing. one other interesting argument not related to ai necessarily, he said youtube and google cloud combined will have a $100 billion run rate this year his way of saying alphabet's more than just selling search ads. >> what do i get if i subscribe to one of these...
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May 1, 2024
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up next, the doj's antitrust case against google. we'll hear from president's former antitrust adviser on what to expect. we'll be right back. while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley >>> all right, welcome back, everybody. closing arguments for the department of justice antitrust case against google are expected this week. it is one of two separate antitrust lawsuits that the tech giant is facing this year. one on search and one on google's advertising business. joining us to talk about this and much more with the tiktok ban that is proposed as well is tim wu, he's columbia law school professor and former adviser to president biden on tech and competition policy and, tim, i'm i'd like to start with what is happening with tiktok. you're in favor of the proposed sale or ban. >> i think china has a track record on internet freedom, which is totally disqualifying for letting them control one of the world's most important social media netn networks. >> your thought is no
up next, the doj's antitrust case against google. we'll hear from president's former antitrust adviser on what to expect. we'll be right back. while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley >>> all right, welcome back, everybody. closing arguments for the department of justice antitrust case against google are expected this week. it is one of two separate antitrust lawsuits that the tech giant is facing this year. one on...
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Apr 30, 2024
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the speed of growth with google at 30% and microsoft in the mid-20s. amazon has slowed down in growth compared to the competitors, but being the largest for the longest time, it is still a law of numbers. everybody wants more growth and they want it faster. aws that's show it can compete with the rivals. i don't think it is just about how fast cloud is growing, frank. it is about how much they can compel the market that their a.i. market solutions and capabilities are competitive with google and microsoft which seem to have more of the finesse. amazon came later with the bedrock and anthropic partnerships. people will look at the levers and look to see if it will grow quickly enough and on the a.i. story. >> you are hitting on a number of facts and issues here or things we need to look for with amazon. the numbers are one thing, but how important is the commentary? amazon continuing to spell out the narrative with artificial intelligence. >> you heard it from kate. there is a delicate balance they have to walk between meta and mark zuckerberg overspend
the speed of growth with google at 30% and microsoft in the mid-20s. amazon has slowed down in growth compared to the competitors, but being the largest for the longest time, it is still a law of numbers. everybody wants more growth and they want it faster. aws that's show it can compete with the rivals. i don't think it is just about how fast cloud is growing, frank. it is about how much they can compel the market that their a.i. market solutions and capabilities are competitive with google...
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Apr 26, 2024
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that's amazon, google, microsoft, meta. i think the rest are going to be very difficult there will be room for ai players in verticals like health care and retail that we think, again, the companies that have that data and have that user, it's really hard to train, to effectively run these systems, so it's going to be very, very difficult for the others to survive. so the question is, what happens to oracle? they're on the cut line. i think they'll benefit, but there's others that will -- may not. weigh what's going to happen to ibm? are they in that same situation i'm talking about in the big four and the answer is no. >> right we know the one key beneficiary, i don't believe you cover nvidia but that stock up another almost 5% this morning. >> absolutely. they're the number one from every piece of work we do, everyone is spending on nvidia and again, this is hard to have these conversations with our clients right now, as a software analyst, you know, i feel like i'm -- i'm on aisle 4 mopping up a spilled milk everyone wan
that's amazon, google, microsoft, meta. i think the rest are going to be very difficult there will be room for ai players in verticals like health care and retail that we think, again, the companies that have that data and have that user, it's really hard to train, to effectively run these systems, so it's going to be very, very difficult for the others to survive. so the question is, what happens to oracle? they're on the cut line. i think they'll benefit, but there's others that will -- may...
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Apr 29, 2024
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for a google, for a media, all of whom reported 17%, 25%, there's earnings right now in the case of google, obviously not. those companies are much less acceptable i don't think shannon necessarily disagrees that in this type of environment those companies should be a premium multiple google and meta are trading like 22, 23 times earnings, so it's not exactly the group as a whole is extremely expensive the data underneath the economy and the stock market being relatively strong, while i agree with shannon and said earlier, you probably will have a bit of a choppy moment, at the end of the day, if those tailwinds remain in place, all else equal, the bias should be to the up side. >> shannon, last word. >> listen, the shorter term versus longer term, by the end of the year, rates are lower, growth remains intact. we just think the opportunities are in sectors outside of big cap tech. >> one mo question, then, because i feel like it's left open by the end of the year, if up to talk about rate cuts, where is the s&p 500? is it higher or lower than 5100? >> i think there's a possibility it rema
for a google, for a media, all of whom reported 17%, 25%, there's earnings right now in the case of google, obviously not. those companies are much less acceptable i don't think shannon necessarily disagrees that in this type of environment those companies should be a premium multiple google and meta are trading like 22, 23 times earnings, so it's not exactly the group as a whole is extremely expensive the data underneath the economy and the stock market being relatively strong, while i agree...
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Apr 24, 2024
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for google, that's rare, but also by and large. that's a lot of firings at once. >> here's the thing we're all trying to understand what ensome of this began back in '16 and some of the protests in '18 and even '20, and it felt like the employees were running the place, right the inmates were running the asylum to some degree. there was a view among management they couldn't clamp down on this even if they wanted to because the engineers and employees were so important and if they did something about it, they would have an even bigger problem, that the labor market was so tight, these people would race off to other jobs. >>problem, that these people would race off to other jobs what is the calculus today versus the calculus then >> i mean, i think you've seen a lot of power shift from the rank and file back to the company and what was unusual about this protest is that it was a sit-in protest. so there were people physically impeding others. and standing in the offices of the ceo google cloud, for example. that is really taking thin
for google, that's rare, but also by and large. that's a lot of firings at once. >> here's the thing we're all trying to understand what ensome of this began back in '16 and some of the protests in '18 and even '20, and it felt like the employees were running the place, right the inmates were running the asylum to some degree. there was a view among management they couldn't clamp down on this even if they wanted to because the engineers and employees were so important and if they did...
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Apr 25, 2024
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. >> very nice jim, we got microsoft down 4.5 google down 4. ahead of tonight. >> good. at least, you know, my father, jimmy, they seasoned the beach and then got there and everyone shooting them -- >> wm tonight? >> look. jim fisher is doing fabulous i won tickets to great golf that he does in phoenix the stock is crazy it's down i got tractor supply after the close and then adco, i always like to make measure on food eric hansotta is fantastic agco is up david killed comcast that's all i have to say hashi corp is up. >> there you go. >> killed? >> you're going to stay on this? >> he shot a peacock today. >> it is a tough tape, though. nasdaq now at 2% decline and the dow down 640 don't go away. happy mother's day! some things never change. like a mother's love. get something as timeless as a mother's love at harryanddavid.com. life is a gift. share more. ♪ >>> good thursday morning. welcome to another hour of "squawk on the street. i'm sara eisen with carl quintanilla and david faber, live as always from post nine of the new york stock exchange. take a look at stocks
. >> very nice jim, we got microsoft down 4.5 google down 4. ahead of tonight. >> good. at least, you know, my father, jimmy, they seasoned the beach and then got there and everyone shooting them -- >> wm tonight? >> look. jim fisher is doing fabulous i won tickets to great golf that he does in phoenix the stock is crazy it's down i got tractor supply after the close and then adco, i always like to make measure on food eric hansotta is fantastic agco is up david killed...
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Apr 25, 2024
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it is redmond and google and amazon and others and i view that spending and the stock comes back a bit but this speaks to the baton being handed from the godfather which continues to be in a mass position of strength to software and now you see the use cases and modernization. and it's the most important stock and it's been that way and it was that way last year and i have often called the patrick mahomes of the stock market. when you hear what you heard last night from meta and what dion is suggesting we will hear in terms of spending on ai, what you are really gaining insight toward is the ai halo is still present and look at that today and the price performance and look at the other names when you drop down from that and you look at this and these stocks are hired today and i think that is what is important and i will say something. i am not wildly bullish and i think where the market is right now is we will be running to a lot of different places and ultimately ending up in the same spot before at some point we resume the prevailing trends. >> i wonder if nvidia today and not becau
it is redmond and google and amazon and others and i view that spending and the stock comes back a bit but this speaks to the baton being handed from the godfather which continues to be in a mass position of strength to software and now you see the use cases and modernization. and it's the most important stock and it's been that way and it was that way last year and i have often called the patrick mahomes of the stock market. when you hear what you heard last night from meta and what dion is...
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May 2, 2024
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some concerns there, the doj case against google. they're doing closing arguments today and tomorrow that puts the threat to search deal the two companies have, that's $20 billion per year from google to apple and effectively free money that is at risk now forcing apple to kind of rethink that kind of dynamic as far as search goes. look, we're going to have to get through this quarter, get through the june quarter, and then everyone is looking for the back half of the year to kind of get over this slump, have a new iphone psych that will can reinvigorate sales around artificial intelligence, guys. >> we look forward to seeing you for certain, steve kovach, around these earnings when they're released in "overtime. belski, i said you own the stock, too headwinds, tailwinds, which do you want to focus on >> tailwinds, of course. >> johnny sunshine. >> why are you giggling? johnny sunshine. here is why, follow the cash never bet against anybody that has a boatload of cash that has not really come out and talked about what their a.i. plan
some concerns there, the doj case against google. they're doing closing arguments today and tomorrow that puts the threat to search deal the two companies have, that's $20 billion per year from google to apple and effectively free money that is at risk now forcing apple to kind of rethink that kind of dynamic as far as search goes. look, we're going to have to get through this quarter, get through the june quarter, and then everyone is looking for the back half of the year to kind of get over...
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any sense whether the expectations, the bar set for aws shifted after the strong cloud reports from google and microsoft? >> i mean, you know as well as i do a larger base to am off of, right? but we're in this new era of the cloud wars, where what can you offer in terms of ai tools and amazon has been trying hard to say they give their customers a ton of option. certainly, investors want to see that aws growth grow bigger, but it's certainly smaller than what we have seen, smaller in terms of growth on a percentage based on what we have seen from microsoft and google. but i think it's got to be over that 14%, 15% level. >> dei, thank you. >>> further into amazon, the street is expecting big things from the quarter one results, including aws revenue of $24.5 billion, the segment's best growth in four quarters. the stage is set for amazon to deliver. let's bring in my next guest, portfolio manager. james, you're confident that amazon's going to do what it has to do here. how much has to do with the overall cloud market strength that we saw from competitors? >> yeah, i'm as confident as you
any sense whether the expectations, the bar set for aws shifted after the strong cloud reports from google and microsoft? >> i mean, you know as well as i do a larger base to am off of, right? but we're in this new era of the cloud wars, where what can you offer in terms of ai tools and amazon has been trying hard to say they give their customers a ton of option. certainly, investors want to see that aws growth grow bigger, but it's certainly smaller than what we have seen, smaller in...
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, and google goes up, and then it goes up, and then it goes up. i mean, has like three ways to go up. >> as the week ended, of course, on the strength of both alphabet and microsoft's earnings, you think that was animal spirits there? >> well, i did think it. now i wonder whether something's going to give back if apple really is going to have a tie-up with chat and not google, as "the new york times" and -- well, actually, the whole thing started with bloomberg reporting there was going to be a tie-up remember >> do. i do remember that >> apple was up. >> i know. those kinds of stories were always hard. these things are dynamic, and you -- >> because they're sourced >> i don't know why. just -- it's always hard to know -- >> that was a softball you were supposed to say, jim, they're not sourced. remember, there's no penalty if you screw up >> on apple, it's always hard. >> apple is impossible >> they're just very difficult >> i never know what they're going to do. >> this is the upgrade from tony today. goes to outperform stock's been derated the
, and google goes up, and then it goes up, and then it goes up. i mean, has like three ways to go up. >> as the week ended, of course, on the strength of both alphabet and microsoft's earnings, you think that was animal spirits there? >> well, i did think it. now i wonder whether something's going to give back if apple really is going to have a tie-up with chat and not google, as "the new york times" and -- well, actually, the whole thing started with bloomberg reporting...
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broadcom has the collaboration with google, so there's that difference, which is why they're seeing a lot of bigger upside right now versus amd that is still exposed to the cyclical nature. >> they need to talk about a.i. like 3,000 times on the call. >> there's a.i. fatigue to a certain point now. some investors, we're not seeing the monetization. this goes into greater tech as a whole. there's only so much you can say a.i. and say it will bring in revenues and then it doesn't. >> you still, steph, prefer the broadcoms and the lams to the amds? >> i trimmed both a couple weeks ago. i would buy lam research right back. after the quarter last week, they raised wafer fab equipment, gross margins are structurally higher so they're much more profitable and i think they do have an a.i. component to it. we talked about memory needing six times a.i. being memory -- you need six times as much memory for a.i., so -- and this is a memory player. so, to me, this is one i want to own. it's not down enough. if we get a couple days like today, it's not so pretty, i might buy it back. >> josh, you s
broadcom has the collaboration with google, so there's that difference, which is why they're seeing a lot of bigger upside right now versus amd that is still exposed to the cyclical nature. >> they need to talk about a.i. like 3,000 times on the call. >> there's a.i. fatigue to a certain point now. some investors, we're not seeing the monetization. this goes into greater tech as a whole. there's only so much you can say a.i. and say it will bring in revenues and then it doesn't....
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Apr 26, 2024
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seen what google did with alpha fold adid. seeing these tools use but at early stages because we haven't done it in deliberate fashion. >> scott, think about metabolism and all of these processes and we've been lucky at different times to find things that, one gene could, you know, got a mutation going and fixes it somehow, but gene therapy and working on one gene -- it's very rare how many genes are involved in most diseases or conditions? hundreds, thousands? or -- >> yeah. you're getting right to the point. >> the only way to understand it the total picture of what you're doing, and designing drugs to address it, it's -- and for, i think, about 15 years ago, up at the cancer center. got rid of the guy running it and put in like a data guy almost ann i.t. guy? >> that's the point. look inside systems. the model might tell you different elements are biology impacting a disease state. might be able to target it with one drug design a protein drug to hit multiple targets, or design multiple drugs and provide them in combination
seen what google did with alpha fold adid. seeing these tools use but at early stages because we haven't done it in deliberate fashion. >> scott, think about metabolism and all of these processes and we've been lucky at different times to find things that, one gene could, you know, got a mutation going and fixes it somehow, but gene therapy and working on one gene -- it's very rare how many genes are involved in most diseases or conditions? hundreds, thousands? or -- >> yeah. you're...
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google being the core example, where the jury is sort of out as the consequence of ai and interactive with all these agents might have on the search business but for meta, this looks like powerful technology that can enhance their value proposition without a lot of downside risk >> let's note for the record you have a buy rating and a price target of $555 alphabet, what are you looking for in its report? >> i think we're going the see stability in the search market is the biggest point that investors are looking for. the reits on search advertising look healthy this quarter. we're expecting a deceleration in youtube, just coming off a strong nfl cycle in the fourth quarter. we have a lot fewer games in the first quarter, so that's natural there. the questions are going to be, again, on spending outlook and their ai strategy. they've had some product wonders obviously, well publicized on the gemini launch. you know, investors are certainly going to be interested in management's view in correcting the course here and bringing better technology to market >> rob, thank you very much for y
google being the core example, where the jury is sort of out as the consequence of ai and interactive with all these agents might have on the search business but for meta, this looks like powerful technology that can enhance their value proposition without a lot of downside risk >> let's note for the record you have a buy rating and a price target of $555 alphabet, what are you looking for in its report? >> i think we're going the see stability in the search market is the biggest...
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frankly we saw the benefits with meta, seeing google. certainly change in approach in terms of capital allocation from buybacks and increasingly dividends. >> we'll be watching. ron, thank you. >>> coming up on the show, a check on chips. amd set to report after the bell. can ai help fuel its results? we'll discuss when "power lunch" returns. >>> in addition to amazon, two closely-watched chip names are reporting this afternoon. amd and supermicro. kristina partsinevelos joining with what to watch for, those two companies, ai seems to be the dominating factor. >> yeah, it is the dominating factor but cyclical head winds is another concern and anything non-ai is weaker in the latest report. cpus will continue central processing units will continue to be flat in q2, but the positive is that all these companies are talking about this bottom, this paraphrasing this cyclical bottom with improvement in the second half of the year. which bodes well possibly for amd. so we're going to be looking for any demand trends in pc and server as well as
frankly we saw the benefits with meta, seeing google. certainly change in approach in terms of capital allocation from buybacks and increasingly dividends. >> we'll be watching. ron, thank you. >>> coming up on the show, a check on chips. amd set to report after the bell. can ai help fuel its results? we'll discuss when "power lunch" returns. >>> in addition to amazon, two closely-watched chip names are reporting this afternoon. amd and supermicro. kristina...
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that is what google would say. the government would say in response to that is we need to focus on the business practices that allow this dominance to happen in the first place. the idea of paying to have market access and suppressing is what the government is interested in suppressing. they say that has the application for the a.i. world they don't want that to be replicated you can compete and win and have a great product, but can't bribe your way into dominance which is the allegation they're making here >> eamon javers, great to see you. thank you for all of that information. >>> when we come back, more on "squawk box. we will talk about a new book by writer frank bruni on why americans are so oonangry. that takes us to a lot of conversations around the table here is a look at the currency the yen falling 1% against the dollar after suspected vemervention by the japanese gornnt we're coming back with frank right after this >> announcer: currency check is sponsored by interactive brokers. the best informed inves
that is what google would say. the government would say in response to that is we need to focus on the business practices that allow this dominance to happen in the first place. the idea of paying to have market access and suppressing is what the government is interested in suppressing. they say that has the application for the a.i. world they don't want that to be replicated you can compete and win and have a great product, but can't bribe your way into dominance which is the allegation...
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Apr 25, 2024
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my pick would be google. >> why? do you have deals with them? what kind of ties do you have with them? >> come on now. you see this in my hand and i was on the commercial. i am going with my pick and i am staying with that and i don't care what you all have to say. >> what you think of google? >> first of all i think that druski needs to be defended as does kenny smith. ryan reynolds got it a few years ago and this is what these people do and they have relationships and they have made disclosures. i do like the google call and i like it because it certainly has proven even with all of the headwinds around what they are doing with ai there are missteps and it is near an all time high and that reason, they are reporting tonight but i think the valuation of that is as defensive as any of the big players. >> i think druski is calling jillian michaels. >> oracle first-round pick and what is the second round pick? >> i will go with the company i really like and depend on which is starbucks. i travel all the time and i use their coffee and i am getting
my pick would be google. >> why? do you have deals with them? what kind of ties do you have with them? >> come on now. you see this in my hand and i was on the commercial. i am going with my pick and i am staying with that and i don't care what you all have to say. >> what you think of google? >> first of all i think that druski needs to be defended as does kenny smith. ryan reynolds got it a few years ago and this is what these people do and they have relationships and...
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Apr 26, 2024
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they're op margin was some of the best there's reasons why those google numbers were so good i don't think they were all ai, but they went out of their way to talk about the massive investment in ai and so, sure, you know, philosophically and secularly, when we think about that first big nvidia print, the question that the analyst community had, especially in tech, was this the beginning of a massive capex boom that's going to be ushered in by ai so far so good, no question about it i guess i just think that the fed is still the most important variable for markets and i think it was a -- we can dice and slice, we'll talk about some of those dynamics, but i think the data this week was better. i think gdp was actually better. p, ce today was very benign, and i think the fed reigned supreme. >> yeah, karen, what do you think? >> i don't know, i guess i disagree a little bit. >> nice. >> okay. >> so i think that for this slim number of stocks that are very much in this very ai-centric, it definitely does matter, and it doesn't matter -- none of the other things matter. they are in great
they're op margin was some of the best there's reasons why those google numbers were so good i don't think they were all ai, but they went out of their way to talk about the massive investment in ai and so, sure, you know, philosophically and secularly, when we think about that first big nvidia print, the question that the analyst community had, especially in tech, was this the beginning of a massive capex boom that's going to be ushered in by ai so far so good, no question about it i guess i...
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May 2, 2024
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never knew what they were up to now, google is very transparent. remember, you were like, what's g google doing they have two health care departments. >> meanwhile, trying to hold on to initial gains following that rally that fizzled a bit yesterday. busy day for bonds q1 productivity was light on a quarterly basis, but year on year, goes from 2.7 to 2.9 discuss about decent trends on that front back in a moment [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ [thunder rumbles] ♪ ♪ . >>> we haven't gotten to novo. wegovy more than doubles they raise the guidance, but expectations must have been high, jim. the stock hasn't been able to -- >> they were i think lilly has enough product. that's what's going to happen. >> interesting. >> the -- the -- it's five fold increase in people using the drugs. >> the number of factories. >> you have they bought all the stuff from catalent. they will ma
never knew what they were up to now, google is very transparent. remember, you were like, what's g google doing they have two health care departments. >> meanwhile, trying to hold on to initial gains following that rally that fizzled a bit yesterday. busy day for bonds q1 productivity was light on a quarterly basis, but year on year, goes from 2.7 to 2.9 discuss about decent trends on that front back in a moment [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30...
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jay, we saw the cloud business at microsoft and google with strong results. are we expecting the same from amazon? >> we are. the ad revenue is something we are really going to focus on because this is the first time they report quarterly reports with the prime video ad sales. we have seen the momentum in ad sales across the board. we expect that to continue. awsshould continue to improve and a.i. as well. a.i. is what andy jassy is investing in. it released rufus which is the a.i. assistant that will be helping you shop when you are shopping online. on the ecommerce side, they continue to crush it on all metrics. fundamentally, it is hitting it. you look at the technicals and it is just starting to make all-time new highs. it is the last of the magnificent seven or six with tesla which we'll talk about in a second. it has the same trajectory of the alphabet. it could breakout of the good quarter and has room to run. i like it on all fronts. >> you mentioned the online component as a an afterthought. >> we're so used to it. it is expected. it's the gold stand
jay, we saw the cloud business at microsoft and google with strong results. are we expecting the same from amazon? >> we are. the ad revenue is something we are really going to focus on because this is the first time they report quarterly reports with the prime video ad sales. we have seen the momentum in ad sales across the board. we expect that to continue. awsshould continue to improve and a.i. as well. a.i. is what andy jassy is investing in. it released rufus which is the a.i....
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they may partner with google with gemini. apple is working on a.i. we need to see what that story looks like there will be a lot of focus on that in the quarter. it can show up in the iphone 16 or in the app store. we could get an announcement at wwc coming up. >> how concerned are you with regulation the stock has fallen a bit in china with the government telling them not to use apple phones is this a real concern for you >> not so much apple anti-trust is a headline risk it hit the stock if you look at shares skince the report calmme out, it has been sid sideways this is a multi-year work in the courts it will probably not lose in our view they need to talk about a.i. and they need to give us a boosted capital returns program. google put out $70 billion of additional buybacks. apple needs to hit that or more. maybe $90 billion. >> jason looking for buybacks. thank you. >>> coming up here on "worldwide exchange," breaking news on apparent fresh intervention by the bank of japan. we'll talk about that much more when we come back from this break. and
they may partner with google with gemini. apple is working on a.i. we need to see what that story looks like there will be a lot of focus on that in the quarter. it can show up in the iphone 16 or in the app store. we could get an announcement at wwc coming up. >> how concerned are you with regulation the stock has fallen a bit in china with the government telling them not to use apple phones is this a real concern for you >> not so much apple anti-trust is a headline risk it hit...
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google obviously got a big boost here after their report last week. but i think, you know, there's more yet to come here with amazon where, you know, we're really pointing people toward this is the situation where the operating income and ultimately earnings and free cash flow, this company has the biggest opportunity to see those ramp over the next two or three years, and we think this year is a critical component of that where from a run rate perspective, they did $60 billion in earnings before income tax. we think that number's going to 70, 80, 90, 100 over the next three years. that's pretty powerful. that's why we like it. >> another part of the business that saw a lot of growth was the ad business. can you put that in perspective for us when you talk about amazon's ad business when it comes to the global 4r57b8dscape right now? how are you doing ads and ad revenues? >> 24%. very good growth. a little below meta, above google, right in line -- almost in line with where pinterest was last night, for example. so growing very strongly. i think what
google obviously got a big boost here after their report last week. but i think, you know, there's more yet to come here with amazon where, you know, we're really pointing people toward this is the situation where the operating income and ultimately earnings and free cash flow, this company has the biggest opportunity to see those ramp over the next two or three years, and we think this year is a critical component of that where from a run rate perspective, they did $60 billion in earnings...
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uber, i find one of the funniest lines in our google dock today is by way of jim lebenthal we are doing research on uber? what kind of research are you doing on uber? let me help you out. year to date the stock is up 10%, and the company is profitable a lot of love for it what kind of proprietary research you got >> we can all see that it's doing great as a company you know, look, this comes under the heading of looking for an entry point, scott little downtrend here and don't want to wait too long. everybody loves it and loves it for a reason >> did the robo taxi sell off give you the opportunity >> tesla or uber >> from tesla. >> when they announced the robo taxi -- i am glad you brought it up because it pertains more than tesla, and it's a huge canard in many regards many companies have been trying for the robo taxi, and google and gm, and it ain't easy, folks. and tesla, elon musk says it and the stocks goes up >> that's why you buy the selloff with uber. >> you know i am kidding with you. >> that's fine >> what more to the story do you need to know pgs if you are looking to be bull
uber, i find one of the funniest lines in our google dock today is by way of jim lebenthal we are doing research on uber? what kind of research are you doing on uber? let me help you out. year to date the stock is up 10%, and the company is profitable a lot of love for it what kind of proprietary research you got >> we can all see that it's doing great as a company you know, look, this comes under the heading of looking for an entry point, scott little downtrend here and don't want to...
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talk from google last week show there is is more room to reason. we have not seen that call pick up this is the first time it has been uninverted that is an interesting segment for the market which since may of 2023 of last year has been hitting historic highs with the right tail. >> right tail is just a way you refer to bullishness or calls and you are now saying the left tail shows interest there that wasn't there last time >> you know, we refer to right tail and left tail because we look at everything from the bell curve curve, if you will what is interesting, the left tail has picked up one thing i want to make clear is it is not you have seen to so often in the market with the left tail. it is geopolitical partly and also because the market is pricing in left tails with potential rate hikes that is not something we are baking in, but the tail end is starting to increase and other unknowns in the market. >> in the past, when it hasn't happened, by the time people think i might want to hedge, they think it is already over. is that why? >> you kn
talk from google last week show there is is more room to reason. we have not seen that call pick up this is the first time it has been uninverted that is an interesting segment for the market which since may of 2023 of last year has been hitting historic highs with the right tail. >> right tail is just a way you refer to bullishness or calls and you are now saying the left tail shows interest there that wasn't there last time >> you know, we refer to right tail and left tail because...
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May 1, 2024
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thank you, my friend >>> we've got a quick news alert on google. the tech giant laying off at least 200 employees from its core organization. that's according to a scoop from cnbc.com's jennifer alias. as part of the unit's reorganization, google will move some of the positions to india and mexico the layoffs happened just ahead of the company's blowout earnings report last week. >>> coming up, this name down about 17% after missing on earnings and slashing guidance, leaving bearish sentiment on the street the name and what has altsanys concerned. we'll be right back. >>> welcome back to "the exchange," everybody let's get to some show and tell where we show you a chart. shares of starbucks was our mystery chart, getting slammed after the company missed on earnings and revenue, surprising sales slump here the company also slashed guidance here in the u.s., sales decreased 3%, traffic sank 7%. second quarter in a row of struggles in the company's home market the ceo told "squawk on the street" while the occasional customer is cutting back, starbucks
thank you, my friend >>> we've got a quick news alert on google. the tech giant laying off at least 200 employees from its core organization. that's according to a scoop from cnbc.com's jennifer alias. as part of the unit's reorganization, google will move some of the positions to india and mexico the layoffs happened just ahead of the company's blowout earnings report last week. >>> coming up, this name down about 17% after missing on earnings and slashing guidance, leaving...
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Apr 24, 2024
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i don't know if google can go right, because it's up so much amazon, i like microsoft, maybe, is up too much so -- and nvidia's not right now. but look at meta that's -- it's soaring, and yet, if tiktok is really banned, so to speak, then the world is zuckerberg's oyster. >> yeah, i mean, it's worth mentioning, of course, that bill is going to go to the president's desk today of course, it's an aid bill for ukraine and israel, humanitarian aid as well is a part of it. but the ban on tiktok is going to get signed into law they're going to have a year, as we pointed out many times, it seems unlikely that the chinese government is going to let tiktok's owner, bytedance, sell the u.s. or the english-language version of the app, but it remains to be seen, and carl, it very well may end up being decided in the courts. >> meantime, blinken's in shanghai today, possible face-to-face meeting with xi on friday about support for the russians, about some of this, about sanctions, about chips >> it is really -- there's nothing that they have in common right now. we're trying to stop them everywhere,
i don't know if google can go right, because it's up so much amazon, i like microsoft, maybe, is up too much so -- and nvidia's not right now. but look at meta that's -- it's soaring, and yet, if tiktok is really banned, so to speak, then the world is zuckerberg's oyster. >> yeah, i mean, it's worth mentioning, of course, that bill is going to go to the president's desk today of course, it's an aid bill for ukraine and israel, humanitarian aid as well is a part of it. but the ban on...
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Apr 25, 2024
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expected they finally broke out some numbers for youtube and they were spectacular ai business incredible google cloud was great growing at 28.4% clip. up with the other big boys authorized, get this, $70 billion buyback on the strength of share count directly boosting the earnings per share and hallelujah ♪ hallelujah ♪ a dividend so it's only 20 cents. doesn't matter it's a great sign and the market loves it unlike meta while they did say they'd be investing heavily in their ai business they also said they'd be expanding margins as they do so, which is why alphabet still gets credit for its great results. i haven't seen a quarter like this, i can't even recall one, where they delivered on everything we wanted it's like they listen to the show next there's merck all right. the secret here is keytruda. it's the most revolutionary anti-cancer drug in history. key keytruda's sales came in at 6.9 billion. one quarter. that's up 24% which is astonishing as merck just keeps finding different types of cancers that can be treated by this thing of course drug patents don't last forever, which is why
expected they finally broke out some numbers for youtube and they were spectacular ai business incredible google cloud was great growing at 28.4% clip. up with the other big boys authorized, get this, $70 billion buyback on the strength of share count directly boosting the earnings per share and hallelujah ♪ hallelujah ♪ a dividend so it's only 20 cents. doesn't matter it's a great sign and the market loves it unlike meta while they did say they'd be investing heavily in their ai business...
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May 2, 2024
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i mean, this is a different valuation than google, i think -- or -- i'd rather have alphabet. >>> coming up, it's not just apple reporting results. coinbase, draftkings and more all on the move. we'll bring you the action. >>> plus, shedding pounds and prices novo nordisk making changes to its obesity drug as competition heats up the cost crash diet that could help them set themselves apart e tas enfa meythdeilwh "ston" returns. to start a business, you need an idea. it's a pillow with a speaker in it! that's right craig. a team that's highly competent. i'm just here for the internets. at&t it's super-fast. reliable. you locked us out?! arrggghh! ahhhh! solution-oriented. [jenna screams] and most importantly... is the internet out? don't worry, we have at&t internet back-up. the next level network. i sold a pillow! norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year. i gotta get this deal...
i mean, this is a different valuation than google, i think -- or -- i'd rather have alphabet. >>> coming up, it's not just apple reporting results. coinbase, draftkings and more all on the move. we'll bring you the action. >>> plus, shedding pounds and prices novo nordisk making changes to its obesity drug as competition heats up the cost crash diet that could help them set themselves apart e tas enfa meythdeilwh "ston" returns. to start a business, you need an idea....
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May 1, 2024
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fed speak, this tells me you should hang on to stocks and when we get pullbacks then you want to buy google or amazon . you want to buy meta-even, how about that? and microsoft for certain. jay powell knows what he's doing and the people who talk about him though, they don't. i'm reporting a strong quarter, could wingstop be the winner in this space? i've got my alma mater hit a new all-time high. i will look at the momentum continue. i will break down numbers with the ceo to get a better sense of where the company stands. so stay with jim cramer. >> don't miss a second of mad money follow at jim cramer on x. send an email to mad money at cnbc.com. power e*trade's easy to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley >> [music] i enrolled in umgc because i became very passionate about emergency management. the professors were great because they've had several years' experience in the field. they've seen emergency management han
fed speak, this tells me you should hang on to stocks and when we get pullbacks then you want to buy google or amazon . you want to buy meta-even, how about that? and microsoft for certain. jay powell knows what he's doing and the people who talk about him though, they don't. i'm reporting a strong quarter, could wingstop be the winner in this space? i've got my alma mater hit a new all-time high. i will look at the momentum continue. i will break down numbers with the ceo to get a better sense...
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May 1, 2024
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microsoft and google as well. we'll see how it develops. it will give investors immense confidence. >> charlie huggins, manager of the partnership wealth club. appreciate your time. >>> it's a quiet day. it's may day. i hope everybody is enjoying the day off. it's an opportunity to look at the market that was dominated by an increasingly contentious debate. arabile joins us here. my only regret is you won't get to say puig. >> unfortunately not. let's take a look at the european trade across the month, the month of april, of course. this time around we thought we'd go statewide as we head toward the open. significant declines across the board. 5% decline for the dow jones. in fact, that was the biggest decline then for the month for the dow jones, particularly since september 2022. it did break a five-month winning streak across all three majors with the s&p as well as the nasdaq going down 4%. april is a surprisingly week. since 2013 it's only happened twice that april has been on the downside. if you go back to what is it 19 years, it wil
microsoft and google as well. we'll see how it develops. it will give investors immense confidence. >> charlie huggins, manager of the partnership wealth club. appreciate your time. >>> it's a quiet day. it's may day. i hope everybody is enjoying the day off. it's an opportunity to look at the market that was dominated by an increasingly contentious debate. arabile joins us here. my only regret is you won't get to say puig. >> unfortunately not. let's take a look at the...
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Apr 30, 2024
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growth rate on the year over year basis is acceptable for it to be a little bit lower than likes of google or microsoft who are the smaller guys taking share. that said, investors really want to see signs of re-acceleration to be overweight in the stock compared to the other two. the investors want that to come in on the high end and the growth rate stepping up going forward and not suffering from loss to the other guys in the permanent way. >> you are happy with the 15% growth estimate. what about the comments? that is crucial with the mega cap tech earnings. what kind of comments do you need to hear related to artificial intelligence from amazon going forward to give you confidence in the company's ability to compete? >> again, we want to see signs ofre-acceleration. we see the demand for a.i. particularly with the semiconductor companies which will report in the after hours. expectations are high. they know hyper scalers are spending a ton of money. they want that to flow through the figures of amazon the way it flowed through to the other magnificent seven. it is all about that coming
growth rate on the year over year basis is acceptable for it to be a little bit lower than likes of google or microsoft who are the smaller guys taking share. that said, investors really want to see signs of re-acceleration to be overweight in the stock compared to the other two. the investors want that to come in on the high end and the growth rate stepping up going forward and not suffering from loss to the other guys in the permanent way. >> you are happy with the 15% growth estimate....
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Apr 30, 2024
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a lot of people prefer to google. i will tell you even though it is an expensive stock it is a good stock and i would not sell it. i'm more inclined to buy it. thank you for the club. i feel i let club members down today. i play with an open hand. when something is good i said, this is something bad. let's go to nancy new york. nancy? >> hey, jim, how are you? smack i'm good. how are you, nancy? i'm good. i'm calling in on this healthcare stock called life- sciences. they created the aortic valve replacement years ago and now they have a pulmonary replacement valve and i'm just curious to see what your opinion is. >> oh, i like this. the new product line is very good. the stock is going back here. that may be the right level to buy it. they're doing very well now. let's go to jorge in california. jorge? >> yes, delta airlines, jimmy? >> i like delta very much. i actually have to prefer. i have to say, i like it. i like united too. i think they're both good. remember, they are expensive stocks but they trade wildly. i
a lot of people prefer to google. i will tell you even though it is an expensive stock it is a good stock and i would not sell it. i'm more inclined to buy it. thank you for the club. i feel i let club members down today. i play with an open hand. when something is good i said, this is something bad. let's go to nancy new york. nancy? >> hey, jim, how are you? smack i'm good. how are you, nancy? i'm good. i'm calling in on this healthcare stock called life- sciences. they created the...
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Apr 24, 2024
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at least in mountain's business, is off to a nice start i think the same is happening with meta and google and others. so it's going to be an overall great quarter. i don't see anything that will slow that down >> their ad revenue, 25% year on year, total impressions and price per ad, that has been delivering very well so on all of the advertising metrics, this thing is hot as they come. >> yeah. you know, the thing about meta is all of the ads stem from meta if you go to tiktok, pintrest, they are staffed by people that have meta. they're very good at it. >> let's talk about today's news, and that is the potential that tiktok will be banned in the united states. i don't know whether that will happen there's a lot that needs to happen between now and that point. there will be legal challenges, potentially constitutional challenges but if it were to happen, would meta be the principal beneficiary? >> i think they would be one of the big beneficiaries, but it won't occur overnight. the way performance advertisers think, it's like managing a portfolio of marketing dollars and just like in the
at least in mountain's business, is off to a nice start i think the same is happening with meta and google and others. so it's going to be an overall great quarter. i don't see anything that will slow that down >> their ad revenue, 25% year on year, total impressions and price per ad, that has been delivering very well so on all of the advertising metrics, this thing is hot as they come. >> yeah. you know, the thing about meta is all of the ads stem from meta if you go to tiktok,...