The Satori Fund’s Dan Niles Talks Tech Picks, Trivago CEO Axel Hefer on Holiday Travel Trends & Exclusive Interview with Dwayne Johnson
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 23 December 2021
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | I'm Carl Kintanilla. You're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. |
| 0:05.9 | Listen in. Good Thursday morning. Welcome to Tech Check. I'm Carl Kintania with John Ford and Julia Borsden. |
| 0:11.0 | Today, the major averages are going to try to make it three in a row on this holiday shortened trading week. |
| 0:16.3 | S&Ps less than half a percent from a record high, but the NASDAQ still trailing the broader market since peaking on November 22nd. |
| 0:25.8 | Plus 10 cent giving away at stake in JD.com. |
| 0:28.8 | Shares going in opposite directions this morning. |
| 0:31.3 | And then you can smell what the rock is cooking. |
| 0:34.2 | How about what he's brewing? |
| 0:35.7 | Dwayne Johnson will join us to talk about tequila, |
| 0:38.4 | Red Notice, and the streaming landscape. Let's start with tech stocks, the S&P, back within |
| 0:45.3 | 1% of all-time highs in a volatile month. Tech is the best performing sector this week. But within |
| 0:51.2 | sectors, what's driving the snapback? We'll take a look at this chart, |
| 0:55.1 | the S&P 500 in the middle, the white line inching higher. And then you can see the wide dispersion |
| 1:01.2 | within tech sectors. Apple and semiconductors surging higher and cloud software in FinTech still struggling. |
| 1:09.1 | Those blue and green lines at the bottom of the chart, off their lows, but still underperforming |
| 1:13.4 | by 15, 20, 30 percent over the last three months, Carl. |
| 1:18.9 | You know, quite a lot of action there to set up 22. |
| 1:23.8 | Yep. |
| 1:24.4 | And again, you know, it's been what a week it's been for just Sumbiconductor News, Julia. |
| 1:29.5 | You know, we have got all these short-term concerns on capacity, but we continue to get more and more information about long-term capacity additions, like, for example, from Intel in a variety of countries all over the world. |
| 1:42.9 | But it's unlikely to have the kind of |
| 1:44.9 | impact near term that we need on supply chain. Yeah, certainly. But if you just look more broadly |
... |
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