To me Twitter has become a more impactful (and distributive) tool than the generally formulaic programming based business media outlets. (There are some exceptions like @business and, to be sure, within each network platform, there is value-added content.)
Twitter amplifies our voices and provides an alternative to what sometimes is Fin TV's bully pulpit.
Twitter allows me/us to call out B.S.
For example, before Twitter, if someone like Joe Kernen on @SquawkCNBC had negative things to say about me (which he often did) or misquoted me, I had no tool to "fight back" against his wrong footed observations and comments about something I had said (let's say in a Barrons' interview). I had no opportunity to explain or amplify upon my actions - or correct his inaccuracies.
In essence Twitter (I am being a bit facetious) has become more powerful - it is today's bully pulpit, with a far greater reach than traditional Fin TV. I have 130,000 followers - that's a powerful audience against Fin TV's and the business media's rapidly declining viewership base. Moreover, that 130k has a multiplier effect, as my followers have their followers.
Twitter provides immediate feedback loops and the real-time conveyance/distribution of ideas. The process is instant and the reach is global. This allows the instantaneous sharing ad collaboration of video/audio, texts and other visuals.
Twitter, unlike Fin TV, drives news cycles and allows for direct engagement (like retweets, mentions and replies)- forming a dynamic means of breaking news, unfolding events, product launches and a host of other information. By contrast, formulaic programing on Fin TV is slow to react to breaking news that can impact our investments. (For some reason they find it hard to stray from their predetermined program outlines).
Twitter fosters conversation and even the mobilization of social movements - some good, some bad.
Twitter's hashtags and visual content provide a filter to commentary, conferences and even protests.
I am glad I have Twitter - an increasingly powerful mouthpiece.
@dougkass@tomkeene@lisaabramowicz1@ferrotv@business @ScottWapnerCNBC @carlquintanilla@jimcramer@SullyCNBC@saraeisen@guyadami@pboockvar@Convertbond@LanceRoberts@WhitneyTilson@BobPisani@cnbcfastmoney@HalftimeReport@andrewrsorkin@KeithMcCullough@hedgeye@V_arrell@WolfOfWeedST@JasonGWild@AlderLaneEggs@WhitneyTilson@TheDalesReport@BluntForceOpt@KASDad
This weekend several parties are gearing up to bid on Warner Brothers Discovery in a heated auction. This comes a full quarter century since I advised Aol in their $183 billion merger with Time Warner in the largest deal in history in 2000, a deal way ahead of its time and massively financially lopsided (in my client’s favor).
Who will win the bidding for Warner Bros. – @comcast, @netflix, @Skydance@paramountco or a dark horse candidate? My bet is on Paramount because Comcast’s Brian Roberts is economically rational and Netflix doesn’t need it. Plus, Skydance’s David Ellison has both his dad’s cash and connections (Saudi money?) and the right political connections (Trump) to get the deal greenlit.
Whoever wins the auction, one thing’s certain: the real winner is David Zaslav who bet big on a high-risk leveraged play when he convinced AT&T to merge Warner Bros. with Discovery in deal at one point had $48 billion of debt – a deal that panned out after all at a time when legacy media is in decline. Very Disco!
$JBHT kicked off earnings season for transports with a bang, beating consensus EPS estimates by 21% - driving the shares 22% higher today.
I had the opportunity to talk about the results, our outlook for the company and any industry readthroughs today on Bloomberg Television and Radio with hosts @ptsweeney, @scarletfu, @mattmiller1973 and @daniburgz .
@TheTerminal subscribers can see all our research on transports and the freight markets at BI TRCK <GO>, BI RAIL <GO>, BI SHIP <GO>, BI 3PLS <GO>
PERIODISTA:
My journalism career has taken me from local and national news, weather, entertainment and lifestyle…to the global leader in business and financial news at @bloomberg Come chat with me at #NAHJ25 July 9-12 at The Hilton Chicago booth 507! @NAHJ#MoreLatinosInNews
Will this three-day stock rally extend to a fourth day? We're watching the markets on Bloomberg Surveillance. Join @tomkeene@ptsweeney@LisaMateoTV LIVE on YouTube https://t.co/LIvegyXwWj
The stock rebound is stalling this morning, thanks to tariff concerns. Join Bloomberg Surveillance for insight. @tomkeene@ptsweeney@LisaMateoTV are LIVE on YouTube right now https://t.co/qaYFxk6Dqf
Palantir Soars as AI Demand Drives Strong Guidance
@DivesTech joins @tomkeene and @ptsweeney on Bloomberg Surveillance.
Watch Tom and Paul LIVE every day on YouTube: https://t.co/cEDd2ct3dk.
We are following the deadly plane crash near Washington, DC, plus earnings from the biggest names in Tech. Join @tomkeene@ptsweeney@LisaMateoTV live on YouTube:
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A breakthrough in Chinese Artificial Intelligence has US Stocks falling hard this morning. Get more information and analysis on DeepSeek in today's edition of Bloomberg Surveillance. Watch LIVE on YouTube with @tomkeene@ptsweeney@LisaMateoTV
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Wall Street is watching today's jobs report closely. Join Bloomberg Surveillance for live coverage of the numbers, with @tomkeene@ptsweeney@LisaMateoTV. We're LIVE on YouTube:
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