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The Mark Simone Show

Mark Interviews CNBC Contributor Jake Novak

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3695 Ratings

🗓️ 9 May 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Mark and Jake talk about college kids taking Adderall to help them stay up all night and cram for finals. 3 college students were killed at Ohio State because the Adderall was spike with fentanyl. They also talked about how the economy has taken two President's down after just one term

Transcript

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0:00.0

well jake novac brilliant columnist and a producer and one of our favorite guests jake novac how

0:07.9

you doing i'm doing fine trying to weather this tough time in the market but uh overall i'm okay

0:13.9

and people can follow you on twitter right it's uh yes what is on twitter n y yeah it's my name twice

0:20.2

at jake jake jake n y yes now the twitter is hey by the way i'm looking Yes. What is it on Twitter? Yeah, it's my name twice. At Jake, Jake, and Y.

0:21.8

Yes.

0:22.5

Now the Twitter is, hey, by the way, I'm looking at these revenue numbers that are being put.

0:26.9

I didn't realize Twitter, it doesn't make a lot of money.

0:30.2

So obviously, Musk feels there's a way to really turn it around and increase the revenue.

0:35.1

Yeah.

0:35.7

So there's a report out this morning that he's promising, or at least as he said his goal is,

0:41.6

I shouldn't say promising.

0:42.4

His goal is to quintuple five times quintuple the revenues of Twitter by 2028.

0:49.3

And that has to get some investors pretty interested.

0:52.3

And, you know, when he makes promises, he's got a pretty good track record.

0:55.1

I don't think he has a 100% promise record, but it's pretty close. You know, some of the stuff that he's done, if you had told us 20 years ago that you would make a real viable electric car company, any new car company in America, they said that would never happen again. Remember that movie about Tucker, the Tucker car? And the moral of the story was no one will ever build a new car company in America.

0:54.0

And granted, Tesla isn't making the number of cars at GM and Ford are. But it's still, it's certainly a viable new company. And of course, he promised to get into space. I mean, like, if he's close, let's say he only, you know, quadruples the revenue. That would be pretty great. So, you know, investors are definitely going to pay attention to that. Yeah.

1:27.6

Hey, this is. only, you know, quadruples for the revenue. That would be pretty great. So, you know,

1:33.6

investors are definitely going to pay attention to that. Yeah. Hey, this Ohio State situation with the altered, you know, you shouldn't be taking any kind of drugs, but these drugs were tampered with.

1:37.7

And it's a story that we've got to worry about this could happen in any college. But

1:41.0

explain the Ohio State situation. Yeah. So, you know, every parent should be concerned.

1:46.4

I'm a parent of a college student myself, and you better believe I was calling her the second

1:50.8

I saw this story.

...

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