Global Markets Reporter
@CNBC
by way London/Mumbai. Beats: chips, travel & industrials.
@CFR_org
. Born in Oregon. Pratham board member. Tweets are my own.
@AOC
I think you need to figure out how to uphold standards, fight for small businesses while not discouraging large companies from seeing NYC as a good destination. Job creation is important.
Multiple COVID tests later…made it to Tanzania 🇹🇿 with all that is happening in the world, it was surprisingly easy to travel to Africa. Incredible safari at the Serengeti and Ngorongoro Crater, beautiful lions, cheetahs, elephants. Feeling grateful and overwhelmed.
First time in a movie theater since the pandemic. Can James Bond rescue the struggling theater industry? Popcorn 🍿 + soda + vaccine card in hand. Find out tonight
@thenewsoncnbc
Just spoke to
@winklevoss
who says he still sees bitcoin as gold 2.0. Says his team is shutting out the noise, and focused on building
@GeminiDotCom
. Says despite the downturn, still sees bitcoin becoming a trillion dollar asset. $BTC
@CNBC
NEW - Travel industry execs are seeking a meeting with WH officials +
@ashishkjha
to repeal the pre-departure testing requirement for vaccinated international air travelers. Industry argues this test discourages foreign tourists from coming to the US and hurts sales.
NEW - I'm hearing from sources that
@elonmusk
is scheduled to meet India's PM
@narendramodi
today in NYC. Goal is to discuss Tesla's interest in setting up a manufacturing base in India. $TSLA
Bollywood gets a much needed boost with the release of
#Pathaan
featuring two of the biggest stars
@iamsrk
and
@BeingSalmanKhan
. Follows
#RRR
winning a Golden Globe and getting an Oscar nomination.
Watched
#Pathaan
again, yesterday.
Didn't expect to get this reaction on the 10th day of release. The 6:30pm show at Gaiety, Bandra was almost packed with a rather energetic audience that couldn't stop hooting & cheering 👏🏻
WHAT. AN. EXPERIENCE! ♥️
NEW - India in discussions with Apple to move some of its
#iPad
manufacturing from China, per two sources. Key issue: lack of highly skilled engineers and component manufacturers in India that specialize in the iPad.
My story here: $AAPL
h/t
@stevekovach
Whirlwind trip to
#Mumbai
comes to an end with a double round of masala dosas with friends. See your dollar go further with the rupee at a new low. Only topic anyone wants to discuss right now is the election. Results due next week! Top restaurant pick: Pali Bhawan
What's at stake if highly-skilled immigrants leave the U.S. and join Canada's new visa program?
We fall behind in AI, vaccine development, among other fields.
Entering 2021 with a big heart, full of hope and the understanding that life will never be perfect, but it is up to us to make the best of it. 💫 🌟 Happy New Year!
In addition to being apart of the $1T club...what else do $MSFT $NVDA $GOOG have in common?
Answer: all led by immigrant CEOs, two of which (
@sundarpichai
+
@satyanadella
) were at one point on
#H1B
visas
$SOFI up 9%
CEO
@anthonynoto
tells me
- we're on track for GAAP profitability by Q4
- people trying new products and trusting us more than others, leading to record deposit growth
- inc demand for consolidating debt into lower costs…gaining market share in personal loan market
This weekend's
#SuperBowl
is set to be the most expensive Super Bowl ever. The average ticket price is $7,500, but some VIP tickets are selling for as much as $100,000.
@seemacnbc
reports.
Receiving so many photos and texts from friends and family across India - Mumbai, Ludhiana, Delhi, Bangalore. Cannot WAIT till I can go back 🇮🇳 but check out this special delivery from Punjabi Sweets in NYC 🔥 बर्फी मिठाई!
Overheard at hedge fund as the debate around bringing employees back continues:
“If my boss is spending the winter in Miami, why should I be expected to show up at our office in New York?”
Fair?
Shocked and saddened to hear about Shinzo Abe - Japan’s longest serving prime minister. Had the pleasure of meeting in 2017. An extremely kind and compassionate leader.
Pet peeve: when the person you wish good morning is too busy to say good morning back. Get over yourself. Be courteous to others and say it back!
#GOODMORNING
Fortune favors the bold.
Hospitality mogul
@richardbranson
told me the fact that he had never been on a cruise is what actually inspired him to start Virgin Voyages.
“That’s the reason I started a lot of businesses over the last 50 years”
.
@richardbranson
“we want to attract a lot of people who would never, ever dream of going on a cruise ship. It’s gonna be a fun ship for adults. No kids allowed on board…I think people will have a great time.”
NEW - Tesla CEO
@elonmusk
to meet
@narendramodi
early next week in New Delhi to discuss plans to build a gigafactory and a manufacturing base in India, per sources. $TSLA
I’m told Musk will also meet Indian
#space
start-ups.
Travel in and around Asia is extremely efficient and for now, relatively cheap. No delays or cancellations. Use Grab to get around. Recommend flying through Singapore’s Changi - digital immigration, super clean, fast lines, tons of duty free shopping. Hawker centers = best food.
Norwegian Cruise Line CEO Frank Del Rio to
@jimcramer
:
Will not put safety or health of our guests at risk
CDC themselves said that vaccinated travelers are very low risk at traveling, so why not let cruises sail?
We want to be treated just like every other hospitality co
Fierce rivals turned partners. CEOs of the two largest cruise operators
@RoyalCaribbean
@CruiseNorwegian
sat down with me exclusively to discuss why a recently formed panel of drs could play a key role in getting the green light from the
#CDC
and resuming sailings this year
Cruise lines have been suspended for around four months amid the coronavirus pandemic, but Royal Caribbean and Norwegian cruise lines are partnering to figure out how to get back to sea.
@SeemaCNBC
reports.
Major deals announced thus far as part of Modi’s visit:
-Micron’s $2.7B chips plant
-Applied Materials investing $400M in an engineering center
-GE jointly producing fighter jet engines for Indian Army
-Google / AI deal in the works
$AMAT $MU $GOOGL $GE
Fun fact: Incoming Starbucks CEO Laxman Narasimhan was groomed and mentored by former CEO PepsiCo Indra Nooyi who played a key role in his professional development while at the beverage giant.
Watch
@cnbc
for an exclusive look inside one of
@3M
’s largest manufacturing facilities where production of N95 respirators is ramping up to meet a surge in global demand. With no
#coronavirus
vaccine on the market, medical workers relying on protective masks $MMM
3M finally discloses numbers and addresses
#N95
shortage:
-doubled global output of N95 respirators to an annual rate of over 1.1B per year, or nearly 100M per month.
-In U.S., > 400M N95 respirators are made annually
-Expanded global capacity by >30% in the next 12 mo
$MMM
28 new high-speed Acela trains coming to service in 2021. But pricing and aging rail infrastructure could challenge the future of America’s passenger rail system. More on
@CNBCClosingBell
at 4:30PM EST
Curious: How many of these businesses did Indians create, as opposed to slide in as a non-white (YAY!) CEO?
(I say again: Black people, all the good affirmative action jobs are being taken by Indians.)