We speak with the ceo after a lackluster opening. And exit stage left. Ebays ceo steps down from his role at the online marketplace. Who will help invigorate the floundering company . We begin with what was a historic week in washington. On tuesday, nancy pelosi formally opened an impeachment inquiry on President Trump. The Investigation Centers on a phone call President Trump had with the president of ukraine and whether he betrayed the nations security by seeking to enlist a foreign power to tarnish a rival for his own political gain. In this case, the son of former Vice President joe biden. While not tech related per se, an Interesting Company did show up in the partial transcript of President Trumps call. That company, crowd strike. I spoke with the ceo about the mention of his company in that president ial phone call. The only reaction i have is that in 2016, we actually performed the dnc investigation. We worked closely with the fbi and turned over all the forensic data, and we s
Positive open to close out what has been a volatile week plus, more phones, please apple reportedly increasing production of iphone 11 models by 10 the shares are rallying. Also capitalism as we know it, is it dead or how much wealth is too much surprising thoughts from marc benioff and Mark Zuckerberg today. 136 is a good number the Unemployment Rate down to 3. 5. Retail loses 11 k. Manufacturing loses 2 k. Government up 22 this is a number which says to me that the fed can still cut because the sector being stagnant is manufacturing. A lot of that is the fact that the dollar is so strong. It is very interesting, they talked about hey, listen, we have tariffs, dont worry, the dollar is strong and the chinese currency is weak, it makes up for it thats something we have to be thinking about we continue to lose because of the currency so that gives the fed reason ability to move. I dont like that it is all healthcare again reminds me of the old economy. It is also a lot of government wor
Marketplace. Who will help invigorate the floundering company . We begin with what was a historic week in washington. On tuesday, nancy pelosi formally opened an impeachment inquiry on President Trump. The Investigation Centers on a phone call President Trump had with the president of ukraine and whether he betrayed the nations security by seeking to enlist a foreign power to tarnish a rival for his own political gain. In this case, the son of former Vice President joe biden. While not tech related per se, an Interesting Company did show up in the partial transcript of President Trumps call. That company, crowd strike. I spoke with the ceo about the mention of his company in that president ial phone call. The only reaction i have is that in 2016, we actually performed the dnc investigation. We worked closely with the fbi and turned over all the forensic data, and we stand by the conclusions we have, and they were backed up by the intelligence community. I think a lot of what we have do
Role at the online marketplace. Who will help invigorate the floundering company . We begin with what was a historic week in washington. On tuesday, House Speaker nancy pelosi formally opened an impeachment inquiry of President Trump. The Investigation Centers on a phone call President Trump had with the president of ukraine and whether the president betrayed the nations security by seeking to enlist a foreign power to tarnish a rival for his own political gain. In this case, the son of former Vice President joe biden. While the story was not techrelated per se, an interesting tech company did show up in the partial transcript of President Trumps call with ukrainian president. That company, crowd strike. I spoke with their Ceo George Kurtz about the mention of his company in that president ial phone call. George the only reaction i have is that in 2016, we actually performed the dnc investigation. We worked very closely with the fbi and turned over all the forensic data, and we stand b
A couple of big stories this morning. Peloton pricing the ipo. Price tag at 29 a share raising about 1. 6 billion now valued at roughly 8. 1 billion makes about a billion in revenue but loses 245 million annually. Now under the ticker pton. The peloton ceo will join us live this morning. If you have questions sen them in peloton. 245 million in losses well talk about the math of that and where they see profits and what it all means. Does anyone know about the treadmill . I do. It is expensive. It is about 4,000 the bike is about 2,000 plus. I have one. The bike is quite a piece of equipment. It is heavy. It is really well made i just got one two weeks ago. You can have someone screaming at you you can go outside. It is there, all free. Eamon javers is with us the hardware is a highmargin product. Higher now than an iphone. It is the services and the investment and the media component costing them they are doing a lot of build outs is that recurring cost or eventually be built out . The