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First Bitcoin Futures ETF Makes its Debut, What to Expect from Netflix Earnings & Breaking Down Apple’s “Unleashed” Event

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 19 October 2021

⏱️ 43 minutes

🧾️ Download transcript

Summary

Our anchors start off today’s show with the announcements out of Apple’s “Unleashed” event yesterday, including new chips. Then, CNBC’s Kate Rooney joins to discuss the first-ever Bitcoin futures ETF making its debut today. Next, CNBC’s Bob Pisani is here to talk crypto, trading and gamification after his conversation with SEC Chair Gary Gensler this morning. Also, CNBC’s Julia Boorstin brings us the details from her conversation with Netflix Co-CEO Reed Hastings at the Milken Institute Global Conference. Then, Bank of America’s Nat Schindler joins to talk more Netflix ahead of earnings slated for later today. Plus, we have Cowen Analyst Krish Sankar and The Verge Editor-in-Chief Nilay Patel to share their thoughts on Apple after the company’s new product announcements. Also, CNBC’s Jon Fortt brings us his conversation with Jason Sudeikis on the digital era of content. And later, CNBC’s Deirdre Bosa shares news that Instacart will be acquiring Caper AI in its largest acquisition ever. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

I'm Dear Drabosa, and you're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m.

0:06.1

Eastern. Listen in.

0:08.0

Good Tuesday morning. Welcome to Tech Check. I'm Carl Kintania with John Ford and Dear

0:11.9

Deerbosa. Today, Apple's getting chippy, ramps up the pressure on competitors, what it means

0:16.6

for the rest of the PC ecosystem. Plus, the future of Bitcoin, what is next for crypto as the first Bitcoin futures ETF debuts

0:24.0

today?

0:24.8

And then the SEC says this is not a game.

0:27.1

A new report outlines how payment for order flow entices brokers to promote risky retail

0:33.2

trading behavior, John.

0:35.0

Yeah, let's take a bite out of Apple just to start announcing new MacBook

0:38.4

Pro designs with their own M1 Pro and Max chips at yesterday's Unleashed event. The raw performance and

0:45.0

ambition in these chip designs have the industry reeling a bit this morning. 32 core GPU in the

0:50.4

max, 57 billion transistors. This move puts pressure on the rest of the PC ecosystem,

0:55.3

including Intel, AMD, and Nvidia, perhaps creating some opportunity for them, too.

1:00.6

While the new M1 Pro and Max chips are currently in higher-end machines, we can expect to see the

1:05.7

concepts and architecture trickle into more mainstream computer sales in 2022 and 2023, if history is any guide.

1:13.9

And also the next generation of AirPods, also making headlines starting at $179.

1:20.2

That's kind of in between the higher end with noise cancellation.

1:25.4

And now there's a lower end more pricing tiers starting at

1:29.3

129 bucks d but these m1 pro and max chips i mean we can geek out a little bit on chips but what this

1:39.3

is doing lisa sue was just talking a couple of weeks ago at code about heterogeneous computing and the ability to turn different cores on and off, graphics, CPU, depending on what the user is doing.

1:52.5

That's what Apple is trying to take the lead in here.

...

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