there may be a bubble billing. >> deirdre, thank you very much, deirdre bosa. >>> turning more to a group we've been working here closely on "power lunch," anjelica has the details. >> "wall street journal" just not reporting that the ftc is preparing to sue the three largest farm we managers over insulin prices. they companies manage prescription benefits, and the finding was published yesterday into the investigation. "wall street journal" citing a person familiar with the matter saying the suits will be in regarding to rebates with these pharmaceutical manufacturers. the rebates are discounts essentially that the pbms negotiate with drug makers. the ftc saying yesterday these pbms steer people towards drugs that might be more expensive and pbms drive up costs. the companies in question deny the allegations, but we're going to stay on top of it and keep you up-to-date. >> thank you, anjelica. >>> coming up, it's the chatbot boom. every companies seems to be some form, but they're not all created earthquake. who has the best of the bots? we'll discuss with some industry tus.erun" hen "po

that's the focus of today's "techcheck" with deirdre bosa.sed to be an ad we saw on the east coast all the time. nobody beats the wiz. >> i am familiar with it. i couldn't put my finger on the exact one, but at least i've heard it before, joe. let's start with the regulatory environment, though. it's anything but friendly towards m&a, especially a mega cap that wants to do the acquiring. google also knows it needs to boost its offering in cloud computing which remains a distant third to amazon aws and azure. wiz is a darling in the world of venture capital that has quickly climbed the ranks of cyber security in just four short years. it is a cloud native company, startup. according to the company itself, it hit $100 million in annual recurring revenue after just 18 months. now look at the chart on your screen. it's telling us that it is the third largest cloud security vendor by arr, behind palo alto networks and crowdstrike, and it's growing three times faster than the leader there, palo alto. i spoke to the ceo and co-founder assaf rappapor

deirdre bosa, thank you. dan, what do you think of this potential deal? >> sorry. like, really hard to justify a company growing revenues or at least the annual recurring revenue. what do you think? >> as a shareholder, i like it. we were saying, how is it going to be when they take a real presence in the cloud? and this is a place where i think google, who has been seen as an aftermath throughout a.i., you get into cloud security and i think it's not a cheap buy. but it's where people wanted to see it. >> i agree. i sort of like it. i think -- i mean, i think every deal is under scrutiny now and we've seen them abandon it. you think about them competing against amazon, microsoft, you can't have deeper pockets or more intense competition than that. we'll see, though, it's a tough ftc. >> palo alto still the best in breed. expensive as can be. it has sold off. i think it's going to test the prior all-time highs we saw a few months ago. >>> coming up next, final trades. much more. take your business to the next stage when you switch to shopify. (intercom) t minus 10.

deirdre bosa looking at that in today's tech check. deirdre? >> hey, kelly.est tech company by market cap for a brief point, it was bound to attract some regulatory attention. it has. reuters reporting the french anti-trust authority is set to charge nvidia for anti-competitive practices. they're not the only ones. in a regulatory filing last year, nvidia said regulators in the eu and china also asked for information on its graphic cards. like the broader eu-dma which targeted apple, microsoft, meta, nvidia could face as much as 10% of the global revenue for breaching rules. the bottom line, they have been so successful that it's no longer just a chip company that makes gpus it's an ecosystem, hardware works bester on the software which are increasingly served by own cloud infrastructure. also investing in smaller companies like core weave and others that in turn expand the nvidia ecosystem around its products. now regulators are trying to figure out if that's fair competition or self dealing, letting the big players leverage their market power, resources, in

and we've also got -- well, you know who we also got, deirdre bosa in the bay area. to chip in here. but now the celtics, so the celtics the warriors, the mavs, the other team in the finals. and the bucks all selling. what's going on? >> all for different reasons. i know that doesn't help at all, but, marly taking some money off the table. mark cuban sold controlling stake in his team, but he still got to run the team. >> he still got 27% of it. got exposure. >> right. exactly. the huge next media deal coming along, going to probably see the average amount being paid to the teams go from 90 million to over 225 million per team. so you have some owners taking cash off the table. grousbeck, family estate planning involved. look, he's done okay. 23, 24% annualized return on his investment. not too bad. >> deirdre, let's talk about the warriors. last year they didn't make the playoffs. they had a very poor record, maybe one, two years before that. and now klay thompson is gone and they are in a reload -- >> curry is getting older. >> curry is getting older. and would pro