Maybe the the Lisa Sue comments are effectively providing some added color and context around just what AMD is expecting over the next several quarters at this point. But but what exactly was the thing that stood out to you with regard to why we're seeing such a downside move in AMD given what was a pretty decent quarter. I I I think wi with the downside move, it's it's all about expectations.Uh we had reports out there talking about pricing for their their newest chips uh being substantially higher. Uh I d ...

Business Focus - The company specializes in the specialty auto insurance market, focusing on high-risk drivers, those with accidents or convictions, and challenging geographies [2][3] - The company's systems and capabilities are specifically designed for exception processing, making it a normal course of business for them [5][6] - The company has a robust commercial vehicle business, also focused on the specialty segment of small consumers and sole proprietors [9] Market Dynamics - The specialty auto market represents approximately 25% to 30% of the overall auto insurance market [8] - A significant portion (50% to 60%) of auto insurance loss costs is related to bodily injury rather than vehicle damage [10] - Of the loss costs related to accidents, only about half is related to the physical cost of the car, with the balance being body shop labor, towing, and storage [10] Tariff Impact - Tariffs are estimated to impact only a couple of percent of overall inflation on the company's total cost base [11] - The impact of tariffs on the auto business is expected to be slower than anticipated [12] - Approximately 30% of the loss cost is tariff-related, but the use of aftermarket or salvage parts mitigates the impact [10]

Aspen Colorado along with Becky Quick and Joe Kernen. Second quarter results just out from Uber. Want to get straight to them.Earnings of $0.63% per share. It's in line with estimates. That's on revenue of $12.65% billion.That's ahead of expectations and trips during that quarter, growing 18% to $3.3% billion, 3.3% billion, not dollars, with monthly active platform consumers up 15%. That's over the prior year. Now, delivery revenue growing 20%.That also tops estimates and mobility. And we'll go through how ...

AI Industry Growth & Valuation - The AI sector is experiencing rapid growth, with 498 AI unicorns (private AI companies valued over $1 billion) identified [1] - 100 new AI unicorns have emerged in the last two years [2] - The number of AI companies valued at over $100 million has reached 1300 [2] - OpenAI is reportedly considering a $500 billion valuation [5] Emergence of AI Billionaires - Dozens of new billionaires have been created this year from AI companies [1] - All seven co-founders of Anthropic are now billionaires, with the company's valuation exceeding $170 billion, up from $61 billion in March [2] - The four founders of Perplexity are likely billionaires, with a valuation of $18 billion [3] - Nvidia has created at least half a dozen billionaires, including Jensen Wang, whose net worth is $157 billion [4] Wealth Creation & Investment - Scale AI co-founder Alexander Wang received a $14 million investment from Meta [2] - Mira Murati's Thinking Machines Lab raised $2 billion despite having no product or revenue [3] - The AI boom is compared to the dot-com bubble, but with a key difference: companies are staying private longer due to available capital [6][7] Potential Risks & Sustainability - Concerns are raised about the sustainability of valuations, especially for companies with no product or revenue [5][9] - Valuations are based on what sovereign wealth funds and family offices are willing to pay [8] - The wealth generated is less liquid compared to the dot-com era, as companies are staying private longer [7]

Financial Performance - McDonald's earnings per share were $3.19, $0.04 better than expected [1] - McDonald's revenue reached $6.8 billion, exceeding expectations [1] Sales Performance - Global same-store sales increased by 3.8%, surpassing the expected 2.6% [1] - US same-store sales grew by 2.5%, slightly above the anticipated 2.4% [2] - Operated markets saw a 4% increase, significantly higher than the projected 1.7% [2] - Licensed international markets experienced a 5.6% rise, outperforming the expected 3.8% [3] Stock Performance - McDonald's stock is up by approximately 2.9% [1][3]

This is an interesting point here with regard to just how much the earnings story is factoring in. You look at the charts quite often, but do the fundamentals of these earnings reports now translate into what you're seeing in the charts and vice versa. >> Good morning, Dom.I think the answer unequivocally is yes. I don't think earning season is nearly as uh bad as I think a lot of uh strategists have been forecasting across the street. And the charts uh they're they're forwardlooking.uh they are a leading m ...

Now for the latest on the Trump administration's global tariff fights and much more. We're joined by former New Hampshire Governor Chris Cenounu. Governor, let's talk through what we know at the moment.President Trump told us yesterday that he could be raising tariffs significantly on India as soon as today. I I think that's scaring everybody. Um the issue right now is all the uncertainty here is driving supply chain issues.That's what I hear all over the place. You hear that from who. From businesses. From ...

>> Now, fiscal third quarter results from Disney out. Julia Boorstin is with us. There's going to be talking about Disney all day long.So many things. >> Well Disney beating earnings expectations is fiscal third quarter earnings of $1. 61 ahead of estimates of $1.47%.Revenue grew 2% to $23.65% billion. That is just below estimates of $23.7% billion. This is its first revenue miss in over a year.Now, Disney Plus subscriber growth was just ahead of estimates, as was its average revenue per user. The company a ...

Streaming Service Launch - ESPN's direct-to-consumer streaming service will launch on August 21st, priced at $29.99 per month [1] - The service will offer everything ESPN has, including new features for fantasy sports, betting, and personalized sports center, accessible outside the cable bundle [1] - ESPN aims to be agnostic, allowing cable subscribers to authenticate and access the streaming service without additional cost, incentivizing them to maintain their cable subscriptions [1] - The industry is closely watching how many cable subscribers will cancel to opt for the ESPN streaming service, potentially pairing it with other streaming services like Netflix or Amazon [1] WWE Rights Acquisition - Disney is paying $325 million per year over 5 years for the US rights to 10 of WWE's premium live events, previously on Peacock, to be shown on ESPN [1] - These events, including WrestleMania, Royal Rumble, and SummerSlam, will move to ESPN starting in the 2026 calendar year [1] Stock Market Reaction - Disney's stock is up 3 and one-third percent following the news, indicating Wall Street's positive reaction [1] - The NFL will take a 10% stake in ESPN, potentially contributing to the stock's upward movement, signaling long-term security and NFL rights on ESPN [1] Industry Impact - The launch of ESPN's streaming service is a significant media question, affecting every media company tied to the linear cable bundle [1] - The industry is trying to find out how many more customers will cancel traditional cable now that ESPN can be accessed outside the bundle [1]

>> Hopefully you're watching. But yesterday we spoke with President Trump about Jay Powell's replacement. Joining us now well let's listen.Here we go. >> I have two other people that are doing well. You look it's in the end.There are numerous people that are qualified. No I think that it will be one of four people. >> Are the other to make the.>> Decision soon. >> Joining us now, Krishna Guha, vice chairman at Evercore ISI and the Journal actually has a lead story on what we were talking about, Kristen. And ...