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Transcripts For CNBC Squawk On The Street 20240712

Hear from mike roman later on today, july has been very good i think you will continue to get a positive from housing, this horton number is the number people should be focusing on because it was stellar you will get a lot of people talking about how there is a lot of good news in anything involving personal fun, polaris, but just were just in such dim tidings when it comes to aero space thats what im focused on greg hayes, 2023, oh, my. You were just talking about that and then iata, the International Air transport association is saying 2024 for precovid traffic levels they also point out that airlines are adding capacity, jim, ahead of demand which is coming back slower than they thought. Personal travel, people want toful tra, we know that. Great Conference Call by American Express on friday about what people want to do, but the Business Travelers is where they make all the money and the Business Traveler is zooming they just arent going i dont know what its going to take to bring t

Transcripts For CNBC Street Signs 20240713

Offering a possible sale on the slopes eyeing a take over and other luxury targets get a boost among the consolidation. Turbulence ahead. Shares of skand Avian Airlines are lower. Saying they expect a rough year to come. We are forecasting a rather challenging year for 2020 where the outlook is designed at 3 to 5 of course, there is more work to be done. It is a busy day if you are an oil trader. Opec numbers will meet to decide whether they should take fresh action to support prices reuter has reported a deeper supply cut is the main scenario up for discussion. It would represent some 400,000 barrels a day. Saying there was not yet a consensus. He would prefer to roll existing supply cuts over to the end of next year. Our colleague joins us outside of that meeting. What else did he say about the cuts extending reporter good morning from vienna where Top Oil Producers are meeting to discuss the potential deepening of the opec cut deal this is some what of a surprise. Coming into the me

Transcripts For CNBC Squawk On The Street 20240713

Come up, excluse of ive insightm jamie dimon and ray dalio. Shares of uber, theyre sinking on continuing losses, more than a billion dollars in the Third Quarter. But the ceo predicts profitability within two years. And done everything right goings new chairman backing embattled ceo Dennis Muilenburg of the max crisis. Uber, shares falling stocks now 35 below the ipo price in may yesterday on closing bell, the ceo said he sees profitability as david said for the company in 2021 it was a very significant beat on the top line in terms of Revenue Growth accelerating and the bottom line. We increased our 2019 midpoint of our guidance and ebitda by 250 million. Ill tell you, while we havent finalized our planning, and it is going to take a lot of hard work from a lot of folks, were targeting 2021 for adjusted ebitda profitability full year sort of echoes of what lyft said last week street is mixed on this. I saw price target cuts and raises today. You got rbc saying that there is 1. 7 billi

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Reach. And the u. S. Government says russia, china, and iran will seek to meddle in elections going forward. How vulnerable are we . We get to opinions from ethical hackers. It was a week of reckoning for uber. They posed selling restrictions for early investors lifted wednesday, making it one of the most actively traded stocks shares some record lows, not a good look. The stock is down 40 from its debut. For some perspective, i caught up with guests. A lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think soft

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Service becomes available. In the u. S. Government says russia, china and iran will seek to meddle in elections going forward. Ethicalpinions from two hackers. Company selling restrictions for early for early investors. It is not a good look for the largest ipo. With up a lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think softbank, who owns about 2 million or so of the shares, are selling any time show soon. They are pretty bullish on rideshare and have a number of investments. But the founders of the compan

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