SoFi CEO Anthony Noto on Q4 Results, Tesla Surges to Start 2023 & Playing the Digital Ad Space 1/30/23

TechCheck

CNBC

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

4.5 • 66 Ratings

🗓️ 30 January 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Our anchors begin today’s show with Wilmington Trust Head of Investment Strategy Meghan Shue looking ahead to the Fed’s decision on interest rates later this week, and CNBC’s Seema Mody discusses China tech stocks surging to start 2023. Then, SoFi CEO Anthony Noto joins after the personal finance firm delivered a beat in Q4, and our Julia Boorstin covers TikTok’s CEO testifying before the House Energy and Commerce Committee over security concerns. Next, Interactive Brokers Chief Strategist Steve Sosnick breaks down the outperformance of Tesla over the past month. Later, Big Technology newsletter author Alex Kantrowitz and our Julia Boorstin take a deep dive into the Street’s expectations for digital advertising with earnings from Meta, Alphabet and Snap on the horizon. 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 Deirdreboza and you're listening to see MBC's Tech Check.
0:03.6	Our show is live weekdays at 11 a.m. Eastern.
0:06.8	Listen in.
0:07.8	Good Monday morning.
0:08.8	Welcome to Tech Check.
0:09.8	I'm Carl Kitania with Deirdreboza and John Fork.
0:11.8	Today, don't fight the Fed.
0:13.3	Big week ahead for stocks with a rate decision coming,
0:16.5	the busiest week of earnings and jobs,
0:18.8	all on deck for later in the week.
0:20.7	Plus the TikTok CEO heads to Washington what that means for
0:23.9	competitors like Meta, Snap, and Alphabet. Later on an exclusive with the
0:28.0	CEO of SoFi that stock is popping today on a pretty upbeat earnings
0:32.2	forecast D and the stock is responding. popping today on a pretty upbeat earnings forecast
0:32.8	D and the stock is responding.
0:34.8	Yeah, it sure is and let's get a get check on the broader markets
0:37.7	as we kick off the last trading week of January.
0:40.2	What a January it has been.
0:41.9	Stocks today though are near session lows. The
0:43.8	Nasdaq is leading the declines off more than nearly 1.5% let's call it.
0:48.3	That move lower coming as rates move higher ahead of the big Fed meeting this week.
0:52.1	The safety trade outperforming today,
	...

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