Squawk on the Street
Oracle Slumps, Apple iPhone 15 Watch, Ari Emanuel on WWE + UFC = TKO 9/12/23
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Oracle slumping on a quarterly revenue miss and sales guidance below analyst estimates. The anchors discussed where the company fits in the AI landscape. They also previewed Tuesday's much-anticipated Apple product event -- and the expected launch of the new iPhone 15. Endeavor CEO Ari Emanuel and COO Mark Shapiro spoke exclusively to David about closing the WWE-UFC deal to form sports entertainment firm TKO Group. They also discussed television rights, the Hollywood strike, PGA-LIV golf and who won the cable fee standoff: Disney or Charter?
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