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CNBC Squawk Alley July 11, 2024

Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest
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CNBC Squawk Alley July 11, 2024

Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of ....

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CNBC Squawk Alley July 13, 2024

Begin to resume, as many assume in june and maybe be back to something more normal by this summer, i think a v is possible, but i am worried that the outcome will be worse. It really depends to my mind on just how much damage is done during the time that the economy is shut down in the way it is now. How much damage is done joining us is bob dole, chief equity strategist. Thanks for being with us i want to get your thoughts on the potential for this recession and subsequent recovery and specifically how thats factoring into your outlook for the markets . Yeah. Im not using a u or v im using a checkmark, kind of the big decline and then a noticeable, but slower uptake than we had on the downside. As you know we shut the economy off. We turned it off its not something from the outside did it we chose in order to fight coronavirus to do that therefore, we can turn at least some of it back on it will take longer to convince people its safe to come out from under the covers when it told the ....

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CNBC Fast Money July 13, 2024

Than expected guidance investors reasaurd by better than expected earnings per share as well as better than expected International Subscriber growth in the quarter netflix adding 6. 3 million International Subscribers. Above projection while u. S. Subscriber growth did fall short of expectations. But investors may also be reassured by ceo reed hayesings giving frank comments in the letter to shareholders with competition. This of course comes ahead of disney plus and apple tv plus launching next month hayesings saying theyve been preparing for this new wave of competition for a long time, writing quote the launch of new services will be noisy, maybe modest headantened near term growth we have tried to factor that into guidance. In the longterm we expect to continue to grow nicely given strength of service in the large
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RT Boom Bust July 14, 2024

Christiane and im Daniel Prieto in washington heres a look at whats on deck today joyce thing continues to slash jobs as part of its restructuring could there be an eerie pattern on folding nailer a Public Citizen is on hand to sort through whats in store for the banking behavior. In the wake of the constant Terror Threats auto exports from mexico to the states have spite lauren fix the car coach joins us today to break down the boom of cars coming across the border we have packed out i thought lets go and dive right in. A legal fight that could such major global precedence on down to sharing and privacy leads our Global Reports today as the Irish Data Protection Commission takes a case against ....

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