Binance CEO Changpeng Zhao on Forbes Investment, Disney’s Results Beat the Street & Sonos CEO Patrick Spence Breaks Down Earnings
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 10 February 2022
⏱️ 43 minutes
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| 0:00.0 | I'm Dear Drabosa and you're listening to CNBC's Tech Check. |
| 0:03.5 | Our show is live weekdays at 11 a.m. Eastern. Listen in. |
| 0:07.6 | Good Thursday morning. Welcome to the Tech Check. I'm Carl Cantanilla with Deerbosa and John Fort and Julia Borsden with us today for the feed. |
| 0:14.4 | Tech is trying to claw back some early losses after a sharp drop following that harder than expected inflation number, now at the highest |
| 0:20.9 | level since 82. |
| 0:22.4 | Ten-year actually has gotten back above 2% for the first time since August of 19, and financials |
| 0:27.7 | and energy are leading as a result. |
| 0:30.1 | Disney does bring the magic back. |
| 0:31.6 | Uber delivers while Twitter appears to be the only buyer of its stock. |
| 0:35.6 | We've got you covered on all the earnings movers of the morning. |
| 0:39.4 | And then the world's richest crypto billionaire looks to diversify. The CEO of finance is going to |
| 0:43.7 | join us after announcing this big investment in Forbes. We're going to start, though, with Disney. |
| 0:49.6 | The stock popping today after the company posted a beat on the top of the bottom line. Got some strength in streaming. |
| 0:55.0 | That was a big theme this quarter, adding nearly 12 million subs in that time. |
| 0:59.0 | Julia talked with Bob Chapec yesterday who reaffirmed the company's subscriber goal. |
| 1:04.0 | We're reaffirming our guidance of 230 to 260 as we gave last December. |
| 1:12.1 | That's been our target that continues to be our target. |
| 1:14.8 | And really what's driving is what we've said, great content. |
| 1:18.1 | We'll have more franchise added content on our big franchises added this fiscal year, double what we had in 21. |
| 1:30.6 | And that goal is right above Netflix's current sub number of 222 million. Julia, B of A, Jessica Reeferlick calls the results a Hulk smash. I think once you |
| 1:38.4 | fold in all of the park results as well. Yeah, I'm really remarkable looking at the strength of the parks. |
| 1:46.2 | The fact that the parks had a stronger quarter than they did in 2019, really surprising |
... |
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