Apple’s Vision Pro Sells Out, Netflix Grabs WWE Raw, Welcome to New All Time Highs
Jan 23, 2024
01:05:42
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The podcast discusses Apple's Vision Pro, Netflix's acquisition of WWE Raw, and the concept of all-time highs. They explore market behavior, the broadening out of the market rally, and the unpredictability of the National Association of Active Investment Managers' exposure index. They also analyze Silicon Valley's investments and their implications for the future of technology.
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Quick takeaways
Netflix and WWE have entered into a long-term partnership, giving Netflix exclusive rights to stream WWE RAW in various territories starting in January 2025.
Large tech companies like Microsoft, Amazon, Nvidia, and Google are making significant investments in the media industry, which is expected to lead to advancements in technology, cost savings, and potential margin expansion in the future.
Deep dives
Netflix and WWE announce partnership to bring WWE RAW to Netflix
Netflix and WWE have entered into a long-term partnership to bring WWE RAW, the flagship weekly program, to Netflix in various territories. This exclusive deal will begin in January 2025 and will give Netflix the rights to stream WWE RAW in the US, Canada, UK, Latin America, and other parts of the world. This partnership is expected to have a significant impact on WWE's global exposure and provide Netflix with a loyal audience base of WWE fans.
Growing trend of large tech companies investing in the media industry
Large tech companies like Microsoft, Amazon, Nvidia, and Google are making significant investments in the media industry, which is expected to have major implications for the future of technology. These companies are taking up a larger share of venture investments and are actively exploring opportunities in the data and AI space. These investments are likely to lead to advancements in technology, cost savings, and potential margin expansion in the coming years.
Snap Inc. makes the case for a potential turnaround
Snap Inc., the parent company of Snapchat, is making strides to turn its business around. While the company has faced challenges in the past, it is showing improvements in advertising, user engagement, and monetization. With a growing user base and advancements in augmented reality and chatbot technology, Snap has the potential to see significant growth in the near future. While the stock may be volatile, there is room for optimism in Snap's long-term prospects.
Join Josh Brown and Michael Batnick for another episode of What Are Your Thoughts and see what they have to say about the biggest topics in investing and finance! On this episode they discuss: Apple's Vision Pro, all-time highs, Netflix and WWE, Snap stock, and much more!
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