4.4 • 3K Ratings
🗓️ 24 July 2024
⏱️ 28 minutes
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0:00.0 | We're between two waves. |
0:05.0 | between two waves. |
0:06.7 | You're listening to Motley Full Money. I'm Mary Long joined today by Osset Sharma, |
0:13.8 | lovely as a little. I'm Mary Long joined today by Osset Sharma, Osset |
0:24.0 | lovely as always to have you here. |
0:26.0 | Great to be here Mary. |
0:28.0 | So we're going to get to earnings from two big names in just a minute, |
0:31.0 | but first one of those big names is alphabet and they faced a |
0:35.5 | pretty public rejection yesterday so wanted to hit that before we dove in. |
0:39.2 | Last week the company had made a $23 billion offer for Wiz, which is a cloud security startup. |
0:46.2 | That offer was nearly double Wiz's current valuation, but yesterday, Wiz walked away. |
0:52.1 | Turns out they would rather be alone than couple up with old |
0:54.6 | Google. So my first question for you on this fine Wednesday morning, what's Wiz |
0:59.5 | got that alphabet wants? Well number one, they've got a cool name. |
1:04.6 | It's the other end of the Alphabet. |
1:06.8 | It's a lot more appealing than Alphabet, Wiz. |
1:09.4 | It reminds me of the movie The Wiz. Other than that, they also have a cyber security piece that would play well with Google Cloud |
1:18.0 | Services. |
1:19.0 | If you're on Google's network, then you might as well buy into security services. |
1:25.0 | Amazon Web Services does this as your has its own cyber security piece. |
1:29.5 | So this would have been a nice little tuck in and I say little just because alphabet's balance sheet is so big |
1:35.1 | tuckin acquisition but you know for whiz when they examined the deal even though the |
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