That day . David a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with a billion dollars of debt as their goodbye kiss. The covenant on that debt severely limited blockbuster
Panic or price spikes. Than 52na listing more times oversubscribed. We will assess investors appetite with the ceo, Joel Silverstein. Haidi that is a market highlight but in the meantime, lets take a look at how the set up in asia is faring given we did have the resounding tech rebound. Sophie, what are you watching . At. 8 . S p eminis stock futures pointing higher come of this ahead of the session that brings philippine trade data and a decision from malaysia. Beth are split. The malaysian economy is showing signs of a rebound. Korma she orders are due. We may see a pickup in cap exeter and by the auto sector in japan. From south korea, we are waiting on an announcement of a fourth extra budget that is expected later this afternoon ahead of that we have kospi futures looking a little bit lower. We have the kospi set to be the best performer in asia this month, up 2. 1 so far in september. A quick check on the offshore yuan just Holding Steady after rebounding on that dollar softening
And. Cats are. One of the richest nations per capita in the world. Its experienced a Rapid Development since oil and natural gas were discovered here in the early 1000. 00 hundreds. Megaprojects keep changing the gulf nations landscape. But the qatari coastline and its desert are also the source of a different kind of natural wealth. And if left unprotected qatars native species and those who use the tiny gulf nation as a stopping point as part of their long migration. Could be endangered as a result of an awesome habitat. Im stephanie that in the waters off the baton coast and we are surrounded by whale sharks the biggest fish in the rush of the new stuff. And this edition of coca aljazeera will take you on a journey with 2 cultures diverse wildlife will be joined by a Marine Environmentalist and also 800 haitian ist and well be discussing the impact the potential Uncontrolled Development could have on these that diverse wildlife species that in here if im protected. It all started a
Confidence and flair because that is who we are whenever a way of life was threatened our heroes answered the call from yorktown to get is burke from normandy to it will jima american patriots raced into cannon blasts bullets and bayonets to rescue american liberty they had no fear but america didnt stop there we looked into the sky and kept pressing on were we built a 6000000 pound rocket and launched it thousands of miles into space we did it so that 2 brave patriots could stand tall and salute our wondrous American Flag planted on the face of the moon. For america nothing is impossible. Over the next 4 years we will prove worthy of this magnificent legacy we will reach stunning new heights and we will show that the world for america there is a dream and it is not the reach together we are unstoppable together we are unbeatable because together we are the proud citizens the United States of america. Alan. 1001 november there. We will make america safer we will make america stronger w
What do you think . I dont think its that bad you have plenty of tech stocks up today that have in the green. I guess i dont see it as quite a tech wreck i feel like we have seen actual tech wrecks this year. These are stocks up 100 or more give or take from march giving back like 12 , 8 in some cases. Im not with you on the premise. These stocks are off their highs but theyve been making new highs relentlessly for months. Good point. Let me come back at you and say what about the premise being, stocks were up 100 in whatever they were since march. Was it normal they were up 100 or whatever since march. They were up on multiple expansion. If they were up on all of that and some of the air is coming out of it, doesnt that say they have a lot more room to fall i think its tough to generalize some of them have more air to come out than others and some will continue to report out standing fundamentals without playing any games and see even higher levels than what they are seeing today i th