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Transcripts For CSPAN2 After Words Steven Levy Facebook 20240712

In the Company Canteen or something but as you know im a big fan of yours and a huge fan of your first book on google, now to come back at this particular moment and talk about facebook, the inside story couldnt be more timely and am going to start off we have lots of places to go with this, im going to start off with something timely, as we came to do the show you heard about the hacking of twitter the fact that trump is going to facebook to get the message out, facebook has had a lot of criticism for a lot of things over the years and i actually wrote a column recently questioning why Mark Zuckerberg has not fact checked the president. Kalisher take on this, what is this relationship between facebook and the white house between facebook and free speech, im gonna throw your big question along to off. Thank you for doing this now and its good to connect with you again. Like a lot of things, you cannot tease that one problem of facebook from the sea dna in its origins in the case of tru

Transcripts For CSPAN2 After Words Steven Levy Facebook 20240712

Something timely literally this morning we heard about the hacking of twitter trump has gone to facebook to get his message out. Facebook has had a lot of criticism over the years i wrote a column recently on why Mark Zuckerberg has not fact check the president. Why it is this relationship between facebook and the white house and free speech . I will throw a big question to launch off. Thank you for doing this. Its good to connect with you again. Like a lot of things you cant just pull out one problem of facebook from its dna and origins and in the case of trum trump, obviously he was not a factor in the early days in the dorm room but by the time the Trump Campaign got rolling in 2015, this became an issue for facebook with the messy way it dealt with controversial content and the same way in 2015 when trump posted stuff that was anti muslim and it actually did violate the companys community standards. But facebook decided not to mess with that. Even though it may have violated the st

Transcripts For BLOOMBERG Whatd You Miss 20240712

Salesforce also up higher. A lot of those secondtier tech names also did well. 10, 15 or more. They are looking for what they think will be the next leg up in this market. Taylor we do a lot of analysis here that abd traditional models dont work anymore. But over the weekend, i was reading about the fed model, ifating around an idea that you use the fed model, equities could march higher than where they are right now. That is a note in the midst of some of the optimism, that catches my attention. Romaine jack, lets pick up where taylor left off, specifically around this idea of how you evaluate market and whether some of the core metrics for valuation really matter in the timeframe we are in. Into this next earnings season really paying attention to some of those more traditional metrics . Jack i think some of those more traditional metrics make sense still as long as you compare them to other metrics. I dont know if the core price to earnings ratio on the s p 500 tells me a whole lot

Transcripts For FBC The 20240704

59 minutes heft to trade, folks, stocks on fire day two. Look at the dow jones industrials. Not even at the highs of the session, right now up 291 points. Had been up 376. Nonetheless, when you put these two days together, yesterday and today, youre looking at 690 points of gains. S p jumping 18 points. Weve got the nasdaq up 36. Earlier though, so were definitely coming off the boil here. The nasdaq had been up 169. Russell 2000, the percentage winner, once again up 1. 25 or 26 points. But we begin with breaking news and kind of dueling headlines here. Apple and the reddit ipo. As we kick off the final hour of trade, i need you to looked at apple. A major lawsuit by the department of justice and 16 astronaut attorneys general slapped state attorneys general slapped on apple is dunking shares of the iphone maker all the way to the bottom of the dows barrel, down 4. 25. The stock the is tanking 4. 25 . Merrick garland announced the Consumer Electronics behemoth has allegedly violated fe

Transcripts For CNBC Power 20240704

Plus, march madness officially kicking off this week and the games have changed dramatically. Now players are allowed to make money which cleared the way for ea sports to bring back an old favorite and play pay players for their names and likenesses. We will get that back to back. Two straight losing week spirit had not happened since october. You can see the nasdaq is leading the way higher by about 1 . The s p 500 not too far behind and the Dow Jones National average of 3 10 of a percent. Ai optimism boosting tech stocks and not just in video which we have already seen. Google and apple may be working together. Those reports both helping those two stocks as well. Now to the two big events that markets will watch this week. First up jensen wong, nvidia ceo delivering the keynote. That is today at 4 00 p. M. Eastern. Everyone wants to know what he will say about demand for aig chips and what they have in the pipeline. Coming up n wednesday, jay powell, we will hear from them to 00 at 3

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