The CEO of T-Mobile, John Legere, stopped by Cheddar’s New York Stock Exchange set after his company reported better-than-expected Q1 earnings on Tuesday. “A lot of what allows us to blow away expectations is that the other guys don’t get it,” said Legere in a live interview on CheddarTV. “What’s happened in the industry is these other guys are putting up numbers about connected cars and now Hum devices for Verizon, the revenue is about a buck.” Legere also explained why T-Mobile has a competitive advantage even though others in the industry have greater market share.
Zillow (ZG) is downplaying one part of its business: Display ads. “Display advertising is very, very difficult because there’s a glut of ad inventory on the internet,” said Zillow chief’s Spencer Rascoff. The company’s strategy, therefore, is to move display ad revenue into its marketplaces. Disp...
The top news segment includes stories such as Uber receiving $3.5 billion in funding from a Saudi Arabian group, Salesforce to buy Demandware for $2.8 billion, and Michael Kors’ surprising earnings beat.
NASDAQ Executive Vice President of Listing Services Nelson Griggs sits down with Cheddar's Jon Steinberg to discuss the recently released IPO report for the first half of 2016 and its implications for the future of the IPO market.
