Lawmakers Renew Calls for TikTok Ban, Check Point Software CEO Gil Shwed on Earnings & Evercore ISI Upgrades Zillow to Buy 2/13/23

TechCheck

CNBC

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

4.5 • 66 Ratings

🗓️ 13 February 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Our anchors begin today’s show with CNBC’s Eunice Yoon covering what to expect from China’s potential reopening, and CNBC’s Arjun Kharpal reports on China’s e-commerce push in the U.S. Then, our Julia Boorstin looks at lawmakers reviving efforts to ban TikTok, and CNBC’s Rick Santelli breaks down the New York Fed’s consumer expectations survey ahead of tomorrow’s CPI report. Next, Check Point Software CEO Gil Shwed joins after the cybersecurity firm delivered a beat in Q4, and CNBC’s Frank Holland looks at Salesforce attracting the attention of activist investors. We also discuss the uptick in retail inflows with CNBC’s Kate Rooney and Interactive Brokers Chief Strategist Steve Sosnick. Later, Evercore ISI Head of Internet Research Mark Mahaney explains his decision to upgrade Zillow.

Transcript

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0:00.0	I'm Julia Borstin and you're listening to see NBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern listen in.
0:09.8	Good Monday morning. Welcome to Tech Check. I'm Deere Dravosa along with Carl
0:13.2	Cantonia and John Fort. China is in the spotlight. Tensions in the sky with the
0:17.0	U.S. Pin D'Oto-O-O-O-O-O-O-O-O-O-O-O-O-O-O-O-O-S. And more talk of a Tic-T-Tic-Tec-Tock-O-Tak ban plus checking in with checkpoint.
0:24.7	The Cybersecurity Company beating estimates
0:26.7	and increasing its buyback, but the stock
0:29.0	was seeing a drop.
0:29.8	It's made it back into positive territory.
0:31.4	We will talk exclusively to the CEO and
0:33.6	finally is the NFL the glue that keeps linear TV alive we'll discuss that also
0:37.8	John yeah stocks meanwhile trying to regain their footing after the
0:41.2	sMP and NasDAQ suffered their worst weekly
0:43.6	declines in nearly two months. We are watching inflation closely this week with
0:48.3	the CPI and PPI reports both do out. Right now we're higher across the board with the NASDAQ
0:55.6	leading those gains. You can see it's up more than a percent. The others two
0:59.9	slightly less. Microsoft a big winner today as you were just hearing up more than 3%
1:05.9	the best performer on the Dow one of the top five performers on both the
1:10.1	S&P and NASDAQ 100 car.
1:12.3	Meantime John let's start in China the S&P and NASDAQ 100, Carl.
1:13.0	Meantime, John, let's start in China today.
1:15.0	Despite rising political tensions over the spy balloons,
1:19.0	the country is advertising itself as open for business
	...

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