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BLOOMBERG Bloomberg Technology July 13, 2024

And retail and return. The making of making the return of a merchandise a more customerfriendly experience. Thats the return of friendly. Ell talk to the creo. Four potential competitors are demanding that Mark Zuckerberg be forced to give up control of facebook. In a lawsuit they accused facebook of anticompetitive behavior. They want the social network to sell its whats app and facebook asset. Facebook says the claims are without merit. We are joined by the colead council in the case. Great to have you. Thanks for having me. I wanted to break down some of this piecemeal. First, i wanted you to talk about Mark Zuckerberg and giving up control of facebook. Is this even possible . And why . Control incontestable over the company. His class of shares overpower the class a shares. He has Carte Blanche to do whatever he wants with that company. He has control over the board. When you look at the details of our lawsuit, the anticompetitive scheme was hatch and executed and at times executed

BLOOMBERG Bloomberg Technology July 13, 2024

Thinks peloton is not just a fad. That bullish sentiment coming up. First, we begin with a continued dominance of tech in the u. S. Market. Stocks upadmit, the 1. 7 , nasdaq up more than 1 . Is something bigger going on . It feels like 2019. This unstoppable rally keeps going. It does not feel like a relief rally, because yesterday after the signing of the trade deal, it was just the stocks that trumped 1 . The other averages posted average highs, s p 500 and dow. Typically a relief rally would come after a big selloff from the major averages. It feels a little bit more like perhaps the early stages of euphoria within the bubble paradigm. That starts with capitulation, then with dislocation into the economic face and then phase and then euphoria. Does that match the fundamentals . Trading at ant, greater than 20 times forward pe. As you note last year, earnings fell by double digits. They are expected to fall for the Fourth Quarter and the First Quarter of 2020. By the end of the year,

CNBC Squawk Alley July 13, 2024

Care names among those moving higher, mckesson, amer source better again, centene, seen some of them on a tear following news theyre in talks for possible 50 billion or thereabouts settlement related to Opioid Lawsuits Health care versus technology and whats happening with other names, it is an interesting proving point as markets are near record high levels whether theres more momentum. In the past week or so, more trade headlines, not just between the u. S. And china, and brexit this morning, moves more sensitive sectors in the economy. Semiconductors, home builder Stocks Health care you want to keep an eye on, carl back to you at the New York Stock Exchange to everybody, good morning it is 8 00 a. M. At netflix headquarters in california, 11 00 a. M. On wall street. Squawk alley is live. I am Carl Quintanilla with Morgan Brennan and jon fortt at the post nine. We start with netflix, another miss on subs well off session highs mark mahaney joins us to talk about that with Julia Boors

NBA reportedly nears rights deal worth US$76-billion with NBC, ESPN and Amazon

The deals would generate about US$76-billion in media revenue over 11 years, the Wall Street Journal reported on Wednesday

Verizon adds Peacock to streaming hub | Honolulu Star-Advertiser

Verizon adds Peacock to streaming hub | Honolulu Star-Advertiser
staradvertiser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from staradvertiser.com Daily Mail and Mail on Sunday newspapers.

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