@davidfaber profile picture
David Faber @davidfaber

Yes, I've been doing this a long time. No, I don't dye my hair.

Joined May 2010
  • Tweets 3,499
  • Following 558
  • Followers 276,666
160 Photos and videos
Netflix bows out of bidding for Warner Brothers leaving Paramount as the buyer of the company.
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Jack Dorsey just made the threat of AI coming for your job very real. cnb.cx/4rPEBtW

Block shares soar as much as 24% as company slashes workforce by nearly half

Block said Thursday it's laying off more than 4,000 employees, or about half of its head count.

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Exclusive: Nvidia buying AI chip startup Groq for about $20 billion in its largest acquisition on record cnb.cx/3Ng5BU1

Nvidia buying AI chip startup Groq's assets for about $20 billion in its largest deal on record

Nvidia is making its largest purchase ever, acquiring assets from 9-year-old chip startup Groq for about $20 billion.

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Going to be a merry Xmas for Groq investors. Am told senior management team already working for Nvidia.
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Did someone let Bill Hwang out of jail? $PSKY, $WBD
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Nippon Steel has closed its purchase of U.S Steel. $X
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whitehouse.gov/presidential-…

Regarding the Proposed Acquisition of the United States Steel Corporation by Nippon Steel Corpora...

By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 721 of the Defense

whitehouse.gov
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Nippon Steel, after a lengthy political battle, gets the approval to acquire U.S. Steel for $55 a share and a lot more in promised investment.
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$NFLX shares continue to rally ( 6%) after earnings, nearing an all-time high and a market value almost 3x that of $DIS.
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Today I am reminded of this quote from @JamesCarville - "I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody."
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David Faber retweeted
Squawk on the Street
 @SquawkStreet
3 Dec 2024
"The disruptor is us." $T has unveiled a new strategic plan - focused on 5G and fiber subscriber growth, aiming to reach over 50 million toal locations with fiber by 2029. CEO John Stankey joins @davidfaber to discuss. Listen here: cnbc.com/video/2024/12/03/at…

AT&T CEO on fiber expansion plans: The disruptor is us

John Stankey, AT&T CEO, joins 'Squawk on the Street' to discuss the company's differentiated position in the connectivity industry, why Stankey is so confident on the company's fiber expansion plans,...

cnbc.com
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The Disruptor and The Dealmaker cnb.cx/48TWwqY People seem to like this interview.

The Disruptor and The Dealmaker

Ben Affleck is taking a self-described radical approach to an industry he says has been too slow to embrace change. Artificial intelligence, streaming and the impact of trillion-dollar big tech firms...

cnbc.com
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John Malone on AI, Starlink, business simplification and the changing media landscape cnb.cx/4hRyFMO Annual Malone interview.

John Malone on AI, Starlink, business simplification and the changing media landscape

CNBC's David Faber sits down with Liberty Media chairman John Malone to discuss the company's future and his outlook for the media industry.

cnbc.com
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youtu.be/oXrtqdhWtI4

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FTC scores a big win as judge grants preliminary injunction to stop Tapestry's purchase of Capri.Court finds that "accessible-luxury handbags are distinct from mass market and true luxury."
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LVMH sales not good led by 5% decline in Fashion & Leather and 7% sales decline at Wines & Spirits. Overall organic revenue down 3%. Second big miss today for large European company after ASML missed. Conf. call on-going.
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David Faber retweeted
New York Mets
 @Mets
15 Oct 2024
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Smartsheet deal is done. $56.50 a share in cash. Blackstone and Vista Equity the buyers as has been reported. Announcement imminent. $SMAR
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David Faber retweeted
NBC Olympics & Paralympics
 @NBCOlympics
7 Aug 2024
WOW! Kenneth Rooks just won SILVER in the men’s 3000m steeplechase in a STUNNER. 🤯 #ParisOlympics
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And it's back! Sources tell me the addition of $200m in payment for NAI and stronger language on indemnification got Shari Redstone to support the Skydance deal for $Para she previously rejected. Now the deal goes back to the board's spec'l com for its approval.
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