Movies. Weve been around about 20 years and have about 200 million families around the world who are our members. Host is there a a connectin to the 1998 company where you at 900 movie titles and 30 employees . Guest theres a little connection to that. We started 22 years ago mailing dvds in the united states, competing with blockbuster. That was a full decade really that were competing with video stores just in the u. S. Thats 2007 when we started streaming. Roughly the same time that youtube did. Host erin meyer, how did you get involved in this book project . Guest i study cultural differences in the workplace. Im a professor, and i first came across the netflix culture when i read what main people have, the netflix culture hacks. It definitely put on the internet with again and it was quite shocking when i read it. It said things like adequate performance gets a generous severance. That really shocked me because in my department at my Business School i teach that. We were at the ti
Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were on our way. If you look at the exponential trends, a curve increasing at an increasing rate that characterized the 1920s bull market. It characterized the 1990s this one has been more linear and it doesnt have the upward sloping curve since the 2009 low. So i find it hard to believe that weve seen the top because we have not entered that parabolic move how would you know when were close . Well, youll see the parabolic move that will be the first thing euphoria, a lot less doubt in the market i h
Im Carl Quintanilla along with jon fortt. A big week for tech earnings amazon, intel, microsoft and twitter on deck this week on a positive start in the runup in tech continue dan and steve are here with me with answers good morning, guys good to see you. Im wondering, dan, before we get to the bignames, if you have been thrown as a breakdown of software and worries about i. T. Spending the next few years . You are seeing cracks in the armor. High multiple software crowded from the institutional perspective. Many head or the exits it is overdone in what we are seeing it shows the risk in earnings season continues to be front and center steve, quickly on that . I would agree software particularly has been taking a header. Companies are doing fine you sell at 38 times and 8 times sales, it doesnt take much to take the stocks down we will play it out a few more months before coming back. Dan, it is cloud week how much does that matter versus intel with insight in the i. T. Spending questi
Is really not that bad. Its gotten one minute faster since i talked to you last. Still really good for this time in the morning. More great news is for those of you northbound on the nimmets i couldnt remember that citys name. Closes in efft due to construction overnight. Theyve cleared it early. So youre not going to have that bottleneck situation. Instead, youve just got free flowing northbound and southbound commute traffic. Same thing at the san mateo, excuse me the bay bridge this morning as that suns getting ready to peak over the horizon. Theres not even a back up at the cash lanes. Not quite the story at the Richmond San Rafael bridge but once you get to marin youre just fine. San mateo bridge is the only bridge where were seeing those slow delays. An update this morning on the gun scare at san jose state university. The lockdown is now lifted and a suspect is in custody. He was first seen off campus with a gun near east santa clara and 2nd. Officers found the suspect hiding in
11th street at 27th avenue. You can see, not far from interstate 880. We have a crew headed to the scene. Well bring you the latest information as soon as it becomes available. But again, a fire burning at a warehouse in oakland. At this point, we havent heard about any injuries. Were hearing anyone inside the warehouse was able to make out safely. Time is 7 01. Were also checking your weather for a friday morning. Rosemary is in for steve, who is on his way to clayton for the scrip trip. Good morning to you. Tgif, to you and all of you out there. We have a very mild day coming our way. And as we get into the weekend, maybe even a chance for scattered showers for some of us. Giving you a look there at the golden gate bridge. Weve got plenty of cloud cover to go around once again this morning. Temperatures off to a relatively mild start. Santa rosa right now, reporting 56 degrees. A view there at the golden gate bridge. And 59 reported in San Francisco. Low 60s, oakland, livermore, san