Microsoft Delivers Mixed Earnings, Department of Justice Files Lawsuit Against Google & Silicon Valley Bank CEO Greg Becker on Venture Capital 1/25/23
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 25 January 2023
⏱️ 44 minutes
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| 0:00.0 | I'm John Ford. You're listening to CNVC's Tech Shack. Our show is live weekdays at 11 a.m. Eastern, listen in. |
| 0:06.9 | Good Wednesday morning. Welcome to Tech Jack. I'm Carl Kintenia with Deodorosa and John Ford. Today, not a Microsoft landing. |
| 0:13.2 | Dismal guidance tanking the market here. We're going to discuss |
| 0:16.0 | Microsoft's impact on macro. More results tonight. We've got actionable |
| 0:20.1 | tech bets after the bell. Why investors are closely watching Tesla IBM and |
| 0:25.0 | service now. Later on the quote buy of the century the CEO of Silicon Valley |
| 0:30.4 | Bank tells us why Wall Street is so bullish on that stock, Dee. |
| 0:35.1 | Well those Microsoft earnings, as you mentioned Carl, taking a toll on the broader |
| 0:38.2 | indices this morning with the NASDAQ on pace for its worst day so far this year. |
| 0:42.2 | Now nearly 25% removed from its most recent |
| 0:44.9 | 52 week high with that three week wind streak liking looking likely to end. |
| 0:50.3 | See names like Data Dogs Snowflake, Asana, MongoD, a bunch of other in enterprise tech |
| 0:55.9 | caught up in that post- Microsoft Wake. Alphabet was the biggest drag on the Nasdaq yesterday. |
| 1:00.8 | Down 2% on the heels of that DOJ lawsuit over its |
| 1:03.7 | ad business which we will certainly be getting into later now another drop |
| 1:07.2 | this morning though is big tech gets hit early the other earnings piece of the |
| 1:11.2 | puzzle of course is Tesla that is today after the bell against the backdrop of Elon Musk's court appearances right here in San Francisco this week. |
| 1:19.7 | That stock down with the rest of the market, but up more than 30% already since the start of the year. |
| 1:24.0 | The street is expecting record results tonight, John. |
| 1:28.0 | Well, D, let's start with Microsoft. Chairs are lower this morning, but off the lows, despite an EPS beat the reason is really the |
| 1:36.3 | guide it comes down to not only the revenue forecast with the indications about what's going to happen |
| 1:41.9 | for Azure looking forward and CMBC technology |
... |
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