black still considering a blackstone for another company -- blackstone, considering a bid for another company. cosmetic stocks gaining here. . let's look at the chipmakers and suppliers in this region. here we are seeing again, moves to the upside. this after we had a semiconductor company reporting fourth-quarter results that beat expectations, and they gave an outlook that was seen as better than had been feared. quite a significant one. we had seen mixed views from chipmakers so far this earnings season. you can get a roundup of the stories you need to get your day going in this edition of "daybreak." bloomberg subscribers, go to dayb on your terminals. it is also available on mobile, on the bloomberg anywhere app. you can also customize the settings as well for the news on the industries and assets that matter to you. this is bloomberg. ♪ annabelle: china is taking further steps to stem the market rout that has hit small-cap stocks extremely hard. it is tightening restrictions on smaller institutional investors. let's bring in our china north asia correspondent stephen engle.

jason, you just bought blackstone last week. >> i did.hink private equity is really interesting right now. blackstone raised $53 billion in equity last quarter, $25 billion the quarter prior and $200 billion, which is a record for them in dry power to deploy. i think there's an opportunity in private credit as clients and investors look to diversify from an asset standpoint. i like this one and i think they are poised to move. >> bryn, what do you think about jason's buy? >> i think it's a really smart buy. if you think since the great financial crisis all of the ways the traditional financials, the finance companies and the banks made money, have been switched to private equity firms, private credit, private equity, real estate. these big firms are doing that underwriting. 2% management fee with a 20% carry over time. they're just printing cash. within financials people need to look outside the traditional banks and look to a company like a black stone which also has a 3% dividend as well. i think it's a really smart play for the next fe

the investors are originally to those blackstone and the cdc, cdc is one of the biggest key players in the world uh with lots of sports lots of. busy lots of experience, but the players generally on the fence generally people don't want any investor. they, they have their more magic id or, or soccer, and that's what they want. no investor. and let's keep the goal. let's keep the ball rolling. i mean, if the fans is the clubs that have allowed the german football to become a multi 1000000000 euro business, i mean, do you think the fans realize that either if you want to play in the big leagues, you have to pay in the big like well, that's the weird thing they want to win, but they want to play at their own rules. um, but, you know, the 1st thing is filed out. i needed a 2 thirds majority in december for the deal and they made it. ringback secrets about and that was sort of illegal and more transparent for the full tenants and the fans wanted to get involved in the process . and that's why they kept up their had and said, okay, we're gonna find to, to bring that agreement though. i mean,

m dot han has accused of the military off of blackstone against him and his body. and he blames basically the minute establishment of fort worth the party has gone to. and when it comes to natasha, these i would say that he has been involved with any part of this for decades. and even he has a complete it's been difficult history with bucket from the military. he has been disqualified, he never completed his dom. and every time he was disqualified from his office, he had to fall out with the funds for the 3. so the reality if this that even amazon han, when he came to baldwin, he was accused of making deals, took amenities that has been progress and focused on a democracy, but still the military place a significant role in focus on the politics. spanish, thank you very much. that was the w spanish job. it is what i'm about. israel's prime minister has rejected the a mass proposal for a cease fire and gaza saying an absolute victory. there is just months away. then you may nothing. yahoo described the plan as quote, delusional. he insisted that there is no alternati

if convicted. blackstone dw, a senior research and from the international monetary fund that helps to talk to us about the outlook for the world economy. that's the next the can you hear what old cars have to do with you production? here's a hands on the really, indeed much. now on youtube, the .

i spoke with blackstone's ceo, stephen shwartzman, blackstone is the largest owner of commercial real were talking about commercial real estate, watch this. >> we're the largest owner of commercial real estate in the world. when i say things like that, i find that just so stunning. i remember when we owned no real estate and that was in 1991. and real estate really fascinating business, it's pretty simple, it's the ultimate supply and demand kind of business and it's comprised of a lot of sub-asset classes. so they don't -- they're not all correlated in terms of growth or in terms of success. and so what you didn't want to do in this cycle is own office buildings. office buildings with the pandemic really -- i don't know why people don't want to go back to work. maria: john, that's a problem, office real estate. your thoughts? >> well, i think prices of office real estate will continue to decline. after all, the housing crisis back in 2008, 2009, we had home prices declining for some time thereafter. so i don't think -- i don't see any bottom for office property prices any time soon.

that's in addition to what we announced at the end of last year, partnering with blackstone.ild cost, but the demand, with now artificial intelligence, is well outpacing supply and allowing us to deploy capital at higher attractive rois. >> compare today -- >> you talk about ai -- >> i'm sorry, diana. >> i'm sorry. i just wanted to follow up on ai. you are the land lord for ai, as it is. do you see any of that demand flattening from ai, or do you think the growth trajectory is still as strong as you saw it in the past year? >> listen, we've been able to confront this for many, many years. we one of the first -- just last year, we saw applications for manufacturing, enterprise, private ai. i can tell you, 2024 that demand trend is accelerating when it comes to ai. here digital, we're well positioned to serve it, large capacity blocks around the world, in 50 plus metropolitan areas. so i don't see any flattening in ai demand as it relates to the data center industry. >> two questions. is ai a bigger thing than cloud was or is? >> so ai is a lot similar to cloud but a little dif

blackstone is said to be considering a bid for the skincare company international.possibility of teaming up with their billionaire chairman. the hong kong listed company has a market cap just under $5 billion. shares jumped in late trading as it reported a first annual profit. the analysis company gave a better-than-expected outlook for 2024, having strong demand linked to artificial intelligence. incoming revenue for 2023 both beat expectations with management saying they are rebuilding the company to meet ai demand. bloomberg has learned that revenue for 2023 rose 20% as it prepares for one of the most anticipated ipos in the u.s. a source as it made the profit in the fourth quarter but not across the full year. the social media platform is telling investors that revenue topped $800 million last year. boeing has discovered a new problem with holes drilled at a fuselage of its 737 max jet. it's commercial chief says the problem originated with the supplier and would require work with 50 undelivered 737's. they did not have the contractor but it spread the system an

so as he said, there's so many questions left to be answered to blackstone. also, you international. we have the powerful document to reduce having the story of julia this on to and would you like send off about with more needs and 30 minutes. thanks for watching the you for your courage and leadership and tenacity in journalism and publish logic. and that just this depends on it, the, the wiki links using non state hostile intelligence service. i think the man, as i talked to the high tech turner's to trainer a trans unless he has to answer for what he has done. assange price it up to a 175 years in prison for publishing classified documents, exposing us for crime center rock and us grandstand. he has been detained since the 7th of december 2010, and one form or another. and we are now here off to the office press, the julian pool son was born in 1971 in townsville, australia the in 2006. he found it with key leaks, a non profit major over the nice ation with the i'm to provide an end of a to secure anonymous way to sort of seems to leak information the in a

when i started late eighty's early ninety's, i felt like, you know, they weren't giving budgets to blackstone because they didn't feel that they were making the box office. so i think this proved that whole concept, brian, we've been proven hollywood wrong. you know so much says black panther, our final oscar winter approved hollywood wrong about the oldest tradition at the academy of the there been best picture winners, set in morocco, sat in rome and even set in china. but for 91 years, every single one was an english filmmakers who changed the language a system like the legal funding. as a key code, a saw him are bergmann or yes, a google or she never one oscar stop product. their native language was too big. i heard it took a korean film to make the oscars truly goble of bong june holmes parasite. and the oscar goes to paris for a korean language to, to when the best picture it was a shock to me and i think it's a brilliant shop. the in parasite bomb june home took a very korean story about 2 families. one for one rich, and they're mutually parasitic relationship and told up with the styl

be sure to follow us on social media for more exciting culture and blackstone stories from europe. thanks for tuning in. joining us again next week, the gone with the wind revered to this day 10 oscar films that made history milestones of cinematic arts and how they changed the world, the on d w. the design unique found driving the models of the b and w 3 series to range segments in 60 minutes. and d, w. the nice to be at the end of the world. how's it going to be difficult to access an expedition ventures on to places that no one has the why is the i smelled the design of the research in the ice teams plastic on march the 94 years of the academy awards, they have been hundreds of oscar winners. but 10 actually changed movie history. the american, the 1930s was sharply divided along racial lines. even in the mixed movie theaters, black people had to sit in the balcony in the cheap seats. against this backdrop, hollywood made go.

the pedigree was goldman sachs, blackstone, kkr.n they did that initial stake sale and became a unicorn on wall street, they've had tremendous growth. but the scary part is everyone still wants to think about the space where they have been the experts, the private credit space as a cusp ahead of us. we want to talk about the golden moment ahead for private credit. there is cracks that will emerge and you have to worry about cycles and whatnot. but when you think about some of the vindman to changes across how companies borrow money, private credit is the place to be. at least with everyone we are speaking with. sonali: it is not without competition. last year, the leverage loan markets were clogged up and you saw the private credit guys step in. john, you have been at the forefront covering the competition coming back once again. what are some of the deals you are seeing the banks when back? >> a great example is our dona, it is a u.k. insurer. currently in this deal -- up until about a couple of weeks ago, private credit had won th

what's amazing about blackstone, particularly john gray, they're the pioneer.ot a lot of people have the size of checkbook to write a check for a $2.6 billion project. that's just one project i gay you an example of -- gave you an example of, the other project is $4.6 billion. there's a limited number of investors who have the ability to put that out. so blackstone is ahead of the curve they've always been ahead of the curve. i respect them greatly. i'm an investor, a fan and regular friend of the senior team up there. not a lot of other capital chasing it to the degree they are. still a humongous market. >> i saw a project announced in mexico -- >> excellent point. the world is a bigger world than it used to be. we think of the world in a western limited nato, et cetera. but there's a world out there of emerging markets and growing countries. mexico is one of them but yes, mexico is an incredible opportunity in almost every asset class i think probably the largest and most active developer in that country in the last ten years and all from groups, and i would

m dot han has accused of the military off of blackstone against him and his body. and he blames basically the minute to stop to spend for work the part the has gone to. and when it comes to nevada should, if i would say that he has been involved with any part of this for decades, and even he has a complete kits been difficult history with bucket from the military. he has been disqualified, he never completed his dom. and every time he was disqualified from his office, he had to fall out without the funds to industry. so the reality if this that even amazon han, when he came to baldwin, he was accused of making deals with amenities that has been progress and focused on a democracy, but still the military place, a significant joint impact. the funny politics spanish, thank you very much. that was the w spanish job. it is what i'm about to russia now, where the main election authority has refused to allow an anti war candidate to challenge vladimir putin for the presidency orders. now the dean's was told that flows in his paper work meant his name could not appear on

be sure to follow us on social media for more exciting culture and blackstone stories from europe. thanks for tuning in. joining us again next week, the shift your guides to life and it did to to you know, the latest online trend to navigate your way through the digital jungle global perspective. we'll be your guide and show you what's possible. you decide what really message to you soon in 15 minutes on the w. gone with the wind. no revered to this day, 10 oscar films that made history milestones of cinematic arts and how they changed the world, the 30 minutes on d w. the name is the calls back said wow, thank you so much for joining in. welcome to don't hold bad. a lot of people do that. it's called about saying it's loud and clear. things would have been, you know, say like good everyone to ok. mark prefer, i'm sorry. check out the award winning outcome. don't hold back to kids. jackie is changing 6 years ago. we said it can't get anyone to, but it does guardians of truth. this time excel gen. this turned into our meet the voices of the 3 turkey alter as the ad one had to flee i

busy well, the investor swear or g originally to those blackstone, and the cdc, cdc is one of the 10 biggest key players in the world. uh with lots of sports um lots of sport. busy it's um, experience, but the players generally on the fence. sure. my people don't want any investor. they. they have their more magic id or, or soccer and that's what they want. no investor. and let's keep the ball. let's keep the ball rolling. i mean, if the fans is the clubs then have allowed the german football to become a multi 1000000000 euro business. i mean, do you think the fans realize that either if you want to play in the big leagues, you have to pay individually as well. that's the weird thing they want to win while the things want to play at their own rules. um, but, you know, the 1st thing is filed out. i needed a 2 thirds majority in december of 12 a deal and they made it. ringback secrets about and that was sort of illegal and more transparent for the full tenants and the fans wanted to get involved in the process. and that's why they kept up their hand and said, okay, we're gonna find to,

on the editor and soft headed by boxes and former prime minister in non hon has accused of a booty. blackstone against it bought the electrical symbol was taken because of which this candidates are now running, get independent, independent and candidates has complain that they were had asked. they are not allowed to conduct political values. housings of the members are in jail, along with them drawn on senior leadership is also in june. so nobody was expecting that in such an environment. with this 5, d was facing a crap down that you know, any, anybody would what would go out and worked for despite these parts. and a very surprising news. i saw far independence on the thing in the, in the sense. and this has been seen as a really big upset. a lot of people say that it's people are focused on who have voted. and that's or point addition on the establishment of the country should respect the award that bought this on these have cost it and they should respect the premium of, of people. but it clearly is a big setback in a big surprise. hit inbox at venus. this vote has been overshadowed by alle

the recalls blackstone, gaza, i think that's a great point because i think it also connect to the previous point that kids, i'm definitely mentioned that you know, even if the best case scenario where the court would reissued and ask for a seas. well, it's just ation. if i started it the after, you know, after the month is over, we have a problem in the implementation and in the execution mechanism of such or those, we basically come back to the coloring where the security counseling and the u. s. using good the v 2 in order to prevent and the implementation. and i think that is one of the core political issue that has been an obstacle on obstruction for many uh menus, illusions in the united nation over to 70. 2 of them that has been vetoed, so the problem is, or was had been political rather than legal or rather than any of that. okay. any other justification on the same issue on the, on the reconstruction, under the buildings of guys, a guy that has been destroyed the different and scales in 2004, 14, you know, and 4 other wars and guys, and it's always have been the politics of the mil

the recalls blackstone, gaza, i think that's a great point because i think it also connect to the previous point that kids, i'm definitely mentioned that you know, even if the best case scenario where the court would reissued and ask for a seas. well, it's just ation. if i started it, after, you know, after the month is over, we have a problem in the implementation and in the execution mechanism of such or those, we basically come back to the coloring where the security counseling and the u. s. using good the v 2 in order to prevent and the implementation. and i think that is one of the core political issue that has been an obstacle and obstruction for many uh menus, illusions in the united nation over to 70. 2 of them that has been vetoed. so the problem is always had been political rather than legal or rather than any of that. okay. any other justification on the same issue on the, on the reconstruction and the buildings of gaza? gaza has been destroyed the different and scales in 2004, 14, you know, and for other wars and guys, and it's always have been the politics of the military and

pretty plain alpha housing, blackstone authorized to be the global, i think from las go, every hour of the day. this is the i'm roads them on me with your headline stories this friday. so adult story, while the is a prime minister dom all is the closure of one rough exclusive interview with all see this funds was in for the with the nice agent named gaza. stated the funding fees will affect millions of palestinians and then have them come out of this decision to suspend the financial contributions of $15.00 donor countries, including 6 of the major donor countries to own y will have serious effects on the services provided to millions of palestinian refugees, not only and gaza, but also in syria and lebanon, and jordan, and the west bank and east jerusalem. this decision was based on allegations between wall commissioner, immediately decided to terminate the contracts of 8 on why employees an investigation committee will investigate each of these incidents. but it is absolutely unreasonable to claim that while participated in the event of october 7th, because of 12 employees, this deci

a proof of my theory has become an umbrella term for blackstone. it's a worth and making sense of seeking white supremacy in finding pathways to feed it and the chief left for you. why people have been trying to stop c r t for a long time. this cause as far back as fran standing in the mid 20th century, considered the grandfather's political a series pennies. both black skin white mass created the vocabulary for black people to talk about living under white supremacy. despite its powerful relevance to this day, energy diversity rejected his work, a clear sign. the flat, critical thought has always caused inside your take here, and perhaps more importantly, how do we fix this? we're 2 from here for black history month as well. i think that's something that is crucial was to understand that like people were a global people and blackness is not just about skin color, though it is the emphasis for how we understand ourselves that we have a political and that, you know, we have a political orientation understanding of the world and value making system.

impressions on his interview with vladimir 14 is a direct so nearly 150000000 deals and 24 hours on the ex. blackstone allowed the violent protest mountain and haiti, where people are calling for the ousting of the prime minister, who is also call a call after the days of protest. the live for must go. this is our to international i'm. they show a josh top stories this hour just hours after being broadcast. vladimir approaching his 1st interview with the western generalist since 2021 has already been viewed as a 115000000 times on the social media platform x. the set down with talk a cost and cover a wide range of topics including ukraine, conflict, and $1.00 of the most significant acts of industrial terrorism in history. the north stream. last cool blow up north stream. are you for sure? i was busy that day. i need it and you have to have uh, i did not pull up your delivery uh shipping. of course it was each and how much would you said it was each that you personally may have an alibi, but the c a has no. so tell him i didn't, did you have evidence that need or to see i did it that you know, you kno

the recalls blackstone, gaza, i think that's a great point because i think it also connect to the previous point that kids, i'm definitely mentioned that you know, even if the best case scenario where the court would reissued and ask for the seas . well, it's just ation. if i started at the, after, you know, after the month is over, we have a problem in the implementation and in the execution mechanism of such or those, we basically come back to the coloring with the security council and the, the, the us using good the v 2, in order to prevent and the implementation, and i think that is one of the core political issue that has been an obstacle and obstruction for many, many it is or lucian's in the united nation over 72 of them that has been vetoed. so the problem is always had been political rather than legal or rather than any other, any other justification on the same issue on the, on the reconstruction under the buildings of guys, a government has been destroyed the different and scales in 2004, 14, you know, and for other wars and guys, and it's always have been the politics of the mi

bloomberg reported that blackstone is looking for a deal on the firm.he chairman owns a more than 70% stake according to exchange filings. >>> also another stock we are watching is novo nordisk's parent company will buy contractor catalent for $16.5 billion. a heavy try price tag. the acquisition will expand production for wegovy at three sites amid record sales last year. when charlotte spoke to the ceo of novo nordisk last week, he did feel confident in the outlook for supply. no doubt this will help. >>> also in pharma, novartis is set to acquire morphosys for 2.7 billion euro. it will pay cash for the company which it will take private after completion. you see the stock down .30%. morphosys is up 14% on the news. >>> switching to infineon in germany. shares are lower after the chip maker was downgraded. ge german firm posted quarterly net income of 587 million euros. the ceo outlined the issues facing the group. >> i think the market reaction is echoing the current macro challenges we are all witnessing. we have a two tales of the market with auto

blackstone is up 5% since we did it, and discover is up 5%.worked out to our advantage. >> jimmy, quickly, because you are in the bs? >> yeah, there's a lot of moving parts to berkshire. we can rule out that apple is what is moving berkshire higher. the other two parts that i listed, one was the insurance business and we have seen insurers do well recently, and then look at what has been going on like railroads for union pacific. maybe there's enthusiasm for the oxyd oxy deal as well. what is propelling berkshire higher is due to mainly their industrial companies. >>> we will take you live to miami for a conference, and bob joins us with a special eft edge, next. so you can rise from pain. icy hot. ( ♪♪ ) we're in the security business... our job is to help people feel safe. not only our customers but those who matter most to them. just like our company does for us. we have great benefits from principal. so i know i'm taken care of. and (pause) not just me. but the ones who matter most to me. ( ♪♪ ) at pgim, finding opportunity in fixed income

one blackstone executive estimated the costs could put companies out of business.ainly accelerate as more and more children take the drug as i said, they are paying for kids as young as 12, and users are expected to continue the drug for the rest of their lives. john. >> john: when you look at it, obesity rate in north carolina is 30%, 10 million people there, if you were to reduce the health costs from obesity through these drugs, i mean you would have to crunch the numbers but close. >> i think it's the worry they are not going to be able to make the budget. if they want to pay higher taxes in north carolina, to sponsor state users, then so be it, right. >> john: always good to see you. thank you. l>> sandra: a third grade teacher in north carolina is being praised for showing kids what the real world is actually like. charging rent for their desks and chairs and even giving each student a job that they get paid for. >> you have to pay me rent. you have to pay me for the nice desk you got and the nice blue chair that you are sitting in. remember how much rent cos

such a step as a capital management company. so-called, it is connected with a large large hedge fund blackstonee nationalization of kyivstar, we are simply talking about the fact that they are trying to squeeze out a company associated with republican oligarchs in the usa, republican business. mike pompeo is such a pure example of a person who is ready to do anything for you for money, but i’m not sure what he has it will work out. and they choose pompeo, it’s interesting. and we shouldn’t forget, because experts said this, that pompeo is not about money, but more about politics. the united states for a very long time, when i was still the head of the cia, i visited the southeast of ukraine several times, we helped their special forces using various methods. that's all i can say. oh, everything's fine. pompeo except for one thing, he, of course, has facial expressions, she constantly deceives him, we helped the ukrainian special services, again grimaces disgust, he has absolutely no respect for the ukrainians, that is, this can be seen again, they are for him, he is a weight point, they are the

they went from 36% rise carlisle stock last year, rivals, blackstone, 70% or more.eep up with that stock it to match your rivals? harvey: i think of it as an output. focus on priorities, deliver performance, if we do all of those things the stock price will follow. sonali: how do you think about these areas that have been hot button issues. on one hand private credit is a big space for carlisle to bring in new money and show that in the fourth quarter. on the other hand there are questions about the industry at large but a lot of money is flowing in and whether there's opportunities to put that towards. how do you address those concerns? harvey: there's two questions that of come up around credit. one of them relates to systemic risk and i think a lot of those discussions are misunderstood. when you think about what we do as capital providers and how we provide that capital, it really doesn't have the characteristics. we don't use significant leverage, it's not interconnectivity. i think the systemic risk discussion, in terms of deploying credit it is our responsibi

much bigger trend within the music industry, where some of the traditional wall street firms like kkr, blackstonetry years ago, they have all been looking for an exit. private equity, even outside of music, their lps want them to return some money as it has gotten more expensive for them to invest in stuff. it's rates going up they have been under pressure to show that money to them. for kkr, exiting this is one way for them to do that. caroline: dundee partners takes the other 70% of it, and that is run by the indo family. what does universal music benefit its shareholders with, with rights ownership? is it that they think the value will go up or they can use it in interesting manners? michelle: that is part of the assumption, you have to expect the value logo up. it is also a predictable revenue stream. the music industry has recovered because we figured out streaming compared to 20 years ago, when the music industry did not know what to do with everyone pirating music. they are still facing disruption . there is questions about what will happen with tiktok and ai. this gives them predictable r

drugs will 16 states do, california is one of those it's not just state struggling with cost, when blackstones, the cost mainly accelerates as more and more children take the drug and they told us the state's pain for children as young as 12 and users expected to continue the drugs for the rest of their lives. who's going to pay for that is a real question. >> fascinating stuff, thank you very much. doctor marc siegel joins me to talk about it. if you don't have insurance these drugs are prohibitively expensive that is going to be a huge concern for patients who may benefit greatly from these drugs but cannot afford them. >> we are talking about over $1000 a month obviously you have to be well-off to afford that novo nordisk has become the biggest company in denmark, huge profits, they're trying to catch up to the shortage issue on the drugs wo wegovy and ozempic. it's more than glp-1 and what jerry was saying it's too hormones in git as well, here's what i want to talk about this. i don't look at obesity as separate from other medical problems, listen if you are obese and we have an obesity

little bit of frothy air in this ai stuff but if you listen to people like steve schwartzmann, ceo of blackstone spending money starting courses on ai education, it's the next new new thing. whether it happens or not who knows? and that is why you've got to be careful about chasing these stocks. this is classic momentum play. who knows what it will be like a year from now or a month from now or 6 months from now. look at that stock. that's why i can retire now. that's where we are with this. i would be really careful playing around here. does that was supposed to be the new new thing, but up a stock chart of tesla. people are starting to look at evs as not exactly something that the new new thing. be careful here chasing this stuff. i really wish i could retire. neil: which you would. i love you like my brother. the best of the business, i means that, great human being besides. so is larry glaser of mayflower advisors managing partner. i'm glad charlie was here to step back and take a look at this. i remember the internet boom. it did go bust. there were some survivors, pets.com not one of them

the blackstone group the largest owner of commercial real estate in the world.kay for office space will have a major problem howard not nick told me to expect $700 billion in default from this problem office space. how was it possible if you're getting 700 billion in default it will not impact the broader banks and not take the market down. >> that is a question i would ask janet yellen pointblank i lifted the japanese real estate crisis i went to the texas s&l crisis i've seen this before you can have appraisals on assets that don't exist or existed values that are fabricated there's going to be a day reckoning. the price product for investors you can pick your real estate carefully a lot of people to get reit for income you can get healthcare, tech and aging facilities those will continue to pay in the solid commercial real estate not so much. maria: that's a great point about some of the other businesses. good to see you. maria: keith fitz-gerald joining us. a quick break and getting answers to what happened for the alaska airlines plane when the window blew

committee, alfredo pedroza, scott dunlop, david perry, lee gregory, poppy gamblin, jason geller, cammy blackstone, stephanie isaacson, noah clark, katie brown and mike grisso. i couldn't have done it without you, and i especially want to thank the chamber staff who pours their heart and soul into this organization and the city every day, particularly rodney fong, who's a true leader and a coalition builder. he's worked hard through these challenging times and really lifted us up with his energy and optimism as you heard him talk earlier today, um, this process is far from over, but the wheels are in motion. with everything we've done this year, things are moving forward and we are going to work towards a cleaner, safer and more functional and more vibrant city. i know this momentum will continue you as i turn the chamber board leadership over to alfredo pedroza, senior vice president of local government relations for wells fargo. alfredo has been my vice chair over the past year, and his insights and support have been invaluable. he is a native san franciscan with a deep love for the city and a t

one blackstone executive recently estimated glp-1 costs could put companies out of business.rate because as more and more kids take the drugs, guess what they have to do it for the rest of their lives. you have got to think this is printing money for -- lauren: it is not one and done it is forever? >> it is forever. lauren: that's why some of the food companies are worried too because if you have a certain portion of the population on drugs forever they will not want to eat all the pringles. >> reporter: that's right. you've been talking about that a long time. i heard you on "varney" for a long time. lauren: we disagree on that but, gerri willis thank you very much. i was going to say the closing bell rings in seven minutes but there is no closing bell today because it is a holiday and the markets are closed. stock index futures however, they're higher on this presidents' day holiday. dow is indicated just up 16 points. look at the nasdaq up 44. that is quarter of 1%. nvidia reports on wednesday. that is the he will fan in the room right now -- elephant in the room. medtroni

that sense i think i would look at blackstone because they really know how to do it.o to michael in colorado. michael. >> caller: hey, jim. shout out from the land of primetime deion sanders and the colorado buffs. >> oh, if i could ever get to the university of colorado i'm telling you, i'd turn the whole world upside down. yes. and that would be my goal, to get the university of colorado. >> caller: jim, my portfolio by allocating 25% on international stocks. two weeks ago i asked you about ferrari. today i'd like to get your thoughts on mer kato libre. >> i never once abandoned it. those people are incredibly stock. that is the stock to own if you have to own a stock in lat am. >> caller: thanks for taking my call. i love your show. a boo-yah from yukon, oklahoma. the question is mcmoran. >> i think it can go up a couple points once the chinese start manipulating their market but that's all. you have to go higher quality. now i want to go to mark in virginia. mark. >> caller: howdy, professor cramer. you are the king of invest-atainment. i've been following you --

you said you wanted blackstone >> black, right? >> i see what you're doing we all see what he's doing and what he's doing is being an incredible artists joining me now, tony, me golden globe >> winning actor, and now oscar nominee, the incomparable jeffrey wright. i'm so glad you're here. how are you >> know, i'm i'm doing well, laura, i'm so glad to be with you. thank you. >> i mean, you know, you're the kind of incredible artists that different walks of life will tell you that they're the ones that have discovered. you might say, oh, i know him from boardwalk and but i know him from west. well, i know him from this movie. i know for matt and you go this is the man's career. just how many people know him? no, your work and appreciate your artistry. and here you are an oscar nominee. after all this time, has a feel oh, it's wonderful. these nominations are made by our peers, our colleagues, and it's, it's been really gratifying that they have looked at our work in this film, not just mine, but everyone involved because the film is

as a step by step is coming back new castle, avoid it, a potential upset against 2nd se blackstone again finish $11.00 after extra sonya once a panel saves the council, winning the sheets out full free to send consumption for that 1st major domestic trophy. since cleaning this cut back in 1955 less the citizens, the quotas. so after studying, go here and extra time to be bowman. until it's all way. was the money school. it's less the only if i took in 2021 license being relegated to the championship of the county. 6 boys cleared the top of the table on costs for promotion. food will fit from size coming up later on. this one is that including months, 5090 versus nothing. and far as the 90 pulse erickson hawk unhappy without his team performed incentives primarily defeat against full and that has to do everything with building this ad and spirit and oppression. and so that, that was in the previous beach was very good from misty and therefore we won football games. so yeah, it's i know for bundled robots sometimes you bet these so that it can be an acceptable show. hey, our tony has made

second, according to blackstone british common law developed a definition of high crimes and misdemeanors that included but was not limited to maladministration. . while plaids may not have known this, mason apparently knew it encompassed maladministration. i'm not suggesting that i know exactly what they meant. i was not there. i am not suggesting that i think that it should or should not be a broad application of maladministration. that is a debate. but the simple truth is, it's up to us. so the question before us, i think, is one more of whether we open a door, a pandora's box. that's the question we would wrestle with here. the question here is whether the secretary of homeland security has engaged in such conduct by ignoring the laws of the united states that you could reasonably suggest he's violating his oath, right, to faithfully execute the laws of the united states. right? and on behalf of the president. for whom there is in fact something in the constitution that he must take care. this i think is the center point of this entire debate. no one wants to have to go down the road

we try to make the point whether it's blackstone or brookfield or kkr or apollo, these are enormous companiesevery level of the capital structure seemingly these days. >> i think that the smartest people other than the ones who go to palintir where they're very hungry now go to private credit, not to -- the smartest people, of course, is a subjective issue. if you were to go out of school that's where you would go. that's where the money is. sutton. >> go where the money is. >> guy, the dow is up 160 to start this tuesday. watch bonds, as well. mess ter, on the tape this afternoon going into the evening hour, plus the three-year note auction, some $54 billion worth. s&p, 4953. we're back after a break. >> announcer: the bond report is brought to you by pimco. an active leader in fixed income. that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. at morgan stanley, old school hard work meets bold new thinking. to help you see untapped po

blackstone, she was a whiz and super into the stuff . you have a career counselor that says, here is a college you should go to and there is a thing called computer science, how did that evolve, where you ended up in a state university? marc:when i grew up, people didn't leave the town. it was assumed. if you were going to try to venture out, you would go to the university of wisconsin, it was not a very well-developed system at the time. usually one of the smaller campuses. i grew up in central wisconsin about one hour north of madison. we knew that madison was actually part of wisconsin, that is where all the crazy people were. [laughter] you don't go there. of course, that is the top campus. and, if anybody looked at the neighboring states, looked at minnesota, looked up illinois, illinois had a very strong technology and engineering program. then -- i always liked computers, but my career planning process was literally buying that u.s. news & world report magazine issue that went through all the college rankings. then there was a lit

>> blackstone, the largest of the alternative asset managers, the stock is actually down about 4% thisear, bucking the overall trend, because when i look, apollo is up 19%, kkr is up 16%. i got blue owl up 20%. ares up 11%. >> hold just a second. stop. carl, did you read the obituary of the owl? >> of whom? >> the owl in "the new york times." >> oh, flacco? of course. >> that was so sad. >> the news story was like an obituary. he lived in the west side, liked the west side. in the went -- east side was not for him. he was obviously an intellectual owl. they're wise to begin with. >> we're talking about an owl that escaped from central park zoo who lived on his ownfor a year. >> made the city his own. >> and sadly, you know, you never know, they're going to do an autopsy. i think it's -- waiting for the results. >> he hit the window. >> it's possible rat poisoning affects them over time. >> i want everyone to read the think piece about him and the obituary about him, because he represented the free spirit that we all would like to have. they tried to get him back in to be caged, but he