guy: how do i think about, what is oracle? what is oracle going to become?en the ai year. i suspect many years to come will be, as well. this has been the year in which that story has taken off. how much of that ai premium has oracle captured? julie: because we think that the stock is so significantly overvalued right now, we think that the market is overly bullish on the ai prospects here. we think that they are doing the right thing partnering with nvidia for their oci cloud. we think this is table stakes in this industry of hyper scalars. that is why we are more concerned about their massive erp software and software business, which is so much more competitive than it was 20 years ago. we have cloud first companies like workday, snowflake, mongodb, which we think are going to take more of that new share growth their total addressable markets here. kailey: you do not think oracle is as well positioned as some of these other players? julie: exactly. we think that they are doing the right thing in trying to appeal to ai workloads in their cloud, but we are s

yes, we've talked about ellison before and oracle which mentioned again in a minute, but of course i mean this worth remarking isn't it on the fact that he just had to hand billion dollar. lying about that he could offer to mosk lend to him so he could buy twitter and turn it into x and i was as the film shows extremely close to offered a place on the board an oracle as a tech firm one of the biggest tech firms has been involved in multi million dollar and pound contracts in for example in the uk with the ministry of defense so much of the cloud computing support for the ministry of defense. in the uk is provided by oracle, a company which has through elison and through senior staff at oracle directly links to israely intelligence, so we we have a real issue here again with those kinds of links and with this mate being with larry ellison, but at the same time of course the musk remains a contradictory character even in the face of those kinds of links, but but guardia, i mean do you think then that israel's found it uh easier or or more difficult to deal with musks? than they did wit

of late, up next, oracle, the results are out. no t.en those numbers hit the tape. that, and much more, when we take you inside the market zone. (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ when you think of investment risk, do you consider climate risk? changing weather patterns are impacting the way we live and the value of businesses large and small. this can mean disruption to supply chains, changing demand for products and shifting regulation. what does this mean for your business, your clients, and your investments? ice offers data and markets that can provide critical insight. manage your climate risk with ice. first time i connected with kim, she told me that that can provide her husband had passed. and that he took care of all of the internet connected devices in the home. i told her, “i'm here to take care of you.” connecting with kim... made me reconnect with my mom. it's ver

stuart: orr oracle really is moving bigtime, it's off 11%.hey reported another quarter of below expectation cloud sales. and if you add into that a bleak forecast about the pace of growth in oracle's to business that benefits from a.i., you've got a little bit of a problem. plus at least four broke rammings cutting their price targets this morning -- brokerages. stuart: investors want to see revenue enhanced by a.i -- lauren: the demand is there, they're unable to fill that demand. they haven't quite mobtized it yet. stuart: okay. zillow. lauren: stock's up 2.5%, and jfp says they're going to $of 0 -- 60 a share. they see pent-up demand for housing and increasing expectations that, yes, the fed starts cutting rates and mortgage rates come down in the back half of the new year. stuart: what about paramount? lauren: there are reports that shari redstone is considering a sale. met with activision as well as skydance media, and new paramount if is considering laying off more than a thousand workers. the stock is off 4.5%. this is for early next y

shares of oracle dropping. earnings coming slightly ahead of estimates, while estrevenue e in short. let's get to kristina partsinevelos with more. >> on the call right now, melissa, they just gave q-3 guidance. they expect total revenues for q-3 to grow roughly 6% to 8%, with q-3 nongap eps to be in a range of $1.35 to $1.39. that falls in line with estimates. oracle is struggling to integrate its health information platform, which it acquired back in 2022. that integration is slowing oracle's raef knew growth rate right now. also, the ceo saying on the call, given the enormity of the pipeline and backlog, i expect cap x will be $8 billion, meaning it will be considerably higher as we bring in online more capacity. and in the last point, which is the most important for this company, oracle's oci, or the cloud infrastructure business, it aims to be the fourth public crowd provide r, well, that business hit 1.6 billion, up 52%, includes clients like x.ai, samsung, even now rival microsoft. and just on the call,

yes and we've talked about ellison before and his company oracle which i'll mentioned again in a minute but of course i mean just it's worth remarking isn't it on the fact that he just had to hand billion dollars lying about that he could offer to mosk lend to him so you could buy twitter and turn it into x and elson is as the film shows extremely close to me. on the board an article as a tech firm, one of the biggest uh tech firms has been involved in multi million dollar and pound contracts in for example in the uk with the ministry of defense, so much of the cloud computing support for the ministry of defense in the uk is provided by oracle, a company which has through ellison and through senior staff at oracle directly links to israely intelligence, so we we have a real issue. here again with those kinds of links and with this mate being with larry ellison, but at the same time of course it musk remains the contradictory character even in the face of those kind of links. but guardia, i mean do you think then that the israel's found it easier or or more difficult to deal with musk th

yes, we've talked about elison before and his company oracle which i'll mention again in a minute, but of course i mean just it's worth remarking isn't it on the fact that he just had to hand billion dollars lying about that he could offer to mosk lend to him so you could buy twitter and turn it into x and ellis is as the film shows extremely close. on the board an article as a tech firm, one of the biggest uh uh tech firms has been involved in multi million dollar and pound contracts in for example in the uk with the ministry of defense, so much of the cloud computing support for the ministry of defense in the uk is provided by oracle, a company which has through els and through senior staff at oracle direct links to israely intelligence, so we we have a real issue here again with those kinds of links and this mate being with larry ellison, but at the same time of course musk remains the contradictory character even in the face of those kinds of links, but but guardia, i mean do you think then that israel's found it easier or or more difficult to deal with musk than they did with the

an offer to israeli prime minister benjamin netanyahu to become a director of his software business oracle and even was due to be a witness for netanyahu at his delayed corruption trial. additionally authentics, an israeli company, founded by former israeli intelligence officials, is working with musk on his ex-platform. the new id verification process, which asked users to provide legitimate id documents and selfies. is administered by authentics. it is a project of the dutch security company, icts international, which was established by former shinbet operatives. musk and his starling satellites were also implicated in the fail regime change campaign against iran. when us secretary of state anthony blinken mentioned the necessity of the us government supporting iranian protesters, musk responded immediately with the words "activating starling". musk then publicly boasted about donating quote 100 active starlings in iran and quote to help regime change rioters communicate. elon musk is also working closely with israel to combat the resistance access in the region. moscous company, spacex

oracle is next. at $100, oracle is next. if we go to the fed tomorrow, a broad market move down, oracle would outpace some of the other stocks holding it better. $100 is a retracement coming back down to the 2022 lows. it's a big line in the sand. i'm not too enthusiastic but i like to make decisions if i can on a weekly basis. regardless, it's going to be one of the first names that i'm looking to cut as they rotate into more financials and health care looking out into 2024. >> i don't want you to bury that as you look to enter financials and health care or whatever else. what specifically are you looking to buy in any of those spaces? >> yeah. looking at financials broadly here, we own bank of america, jpmorgan as well as morgan stanley. if you see bank of america overlay with a 10-year treasury yield or cut your presh ris. i h'd like to work with regiona. bank of ock, it's performed well. take a look at a name like citizen's, it has underperformed greatly. do we see a reversion of that and some of the underperforming ones

oracle aims to compete with microsoft and amazon and google but as ubs says, oracle is testing investorr everything today. leslie, what am i missing here? i thought a lockup expiration was supposed to be bad for shares, not up 20% like cava is up? >> that is the conventional wisdom pick up 20% right now. it's a relief rally related to that lockup expiration this morning. it's been six months since cava's ipo and restrictions on the 97 million shares that were not loaded on day one are lifted to your point lockup expirations for these highly volatile new issues can pressure stocks in the weeks and months leading up to them. cava's 69% short interest as a percentage afloat . largest in the restaurant sector. the research firm said cava assault more than $30 million worth of new short selling over the last 30 years -- days despite its loan availability and expensive borrow costs. it's likely that today's surge is due to a traditional technical short squeeze. shares are now more than 70% above the $22 per share ipo price but they did double on day one in mid-june so down about -- significan

netanyahu to become a director of his software business oracle, and even was due to be a witness for netanyahu at his delayed corruption trial. additionally, authentics, an israeli company founded by former israeli intelligence officials is working with musk on his ex platform. the new id verification process, which ask users to provide legitimate id documents and selfies is administered by authentics. it is a project of the dutch security company, icts international, which was established by former shinbet operatives. musk and his starling satellites were also implicated in the fail regime change campaign against iran. when us secretary of state anthony blinken mentioned the necessity of the us government supporting iranian protesters, musk responded immediately with the words activating starlink. musk then publicly boasted about. 100 active starlings in iran and quote to help regime change rioters communicate. elon musk is also working closely with israel to combat the resistance access in the region. musque's company spacex launch spy satellites for image sat international an isra

oracle hsharply lower to 9% aftr the second quarter outlook fell on estimates. net income popping 44% to $2.5 billion. it was up from 1.7 b$1.7 billio year ago. >>> berkshire is cutting stake in hp and shares are falling. berk berkshire's stake is 5.2% compared to 10% in october. berk berkshire is the third largest shareholder behind blackrock and vanguard. berkshire bought into hp in 2022. a >>> cathie wood is snapping up 9,000 shares of microsoft for the etf and 10,000 shares of meta platforms. this is the first meta buy in five months. her firm held 285,000 shares of meta before the latest purchases. >>> coming up on the show, leave the cheese bust and orange colored fingers at home. how a collaboration with f frit-o-lay and a cocktailmaker means good times for you. that's coming up. we love going to games, but good seats get pricey. so we use gametime. gametime checks ticket prices in real-time and finds you all the best last minute deals. we got our seats twenty minutes ago for sixty percent off! last minute tickets at the best price, in seconds. download g

yesterday, they hosted their annual celebration at oracle park. it is a fundraiser the focus is on giving back and supporting underserved bay area kids. >> it is wonderful. it ties back all the craziness that we get so involved in with the day to day, we forget to pause and enjoy the moment. this opportunity gives you a reason . i see it every day through my son's eyes and now through all the kids who are here, the magic of the holidays nd what that [ dramatic music ] >> ridge: dad gave me his medical power of attorney. i have to do what he wants. >> steffy: he didn't know there might be a treatment. >> ridge: it's an experimental treatment. >> donna: it-- it could work, ridge. it could work. >> brooke: this is a chance.

oracle just needs the infrastructure to approach that. of the show and 2023 when it comes to investment. let's go from public market investments to the private side. mitchell green is on today's vc spotlight, the founder of lead edge capital, investing across public and private companies and also looking for areas of liquidity when it comes to the sector market. i'm interested how much you think ai will be the play for 2024, whether buying on the secondary market were investing in early rounds. mitchell: thanks a for having me in. there'll will be a lot of things going on. not just ai where there are a lot of interesting software companies being built. i think it is a function of lots of different industries. ed: the friday lunchtime that sam altman was fired by that then board of openai, i do not think a bus will forget. the story i was looking into was the shocking liquidity on openai shares, largely through spv transactions, some of which blocks of shares or units of spv's were valuing openai at $100 billion. i do not think our audienc

. >> and nearly a year after winter storms destroyed the 3rd street bridge near oracle park. crews are still trying to repair it ahead of another possible i know the importance of taking care of myself. how are you doing between practices? i feel pretty good. surrounding myself with a great team. de'aaron we're going to take a quick look at your knee with ultrasound. everything is looking great. but not just for me. for them. it's great to see you again man. thanks jb. for all that is me, for all that is you, kaiser permanente. >> you have a corruption problem. and i think that's what people need to know. nikki is corrupt. other candidates appear like nikki haley. she toews anytime the left comes after any time the media comes after debate. >> a fiery debate between 4 gop presidential hopefuls tonight with many attacks aimed at former south carolina governor nikki haley. the debate aired live right here on kron 4 and following that, our catherine heenan talked with our political panel about some of the key moments. yes, sparks were flying a kathryn's going to join us in just

. >>> a lot of field action in oracle park but not even for giants baseball. it was for an event called holiday heros. the fundraiser had lots of games for kids. a joint slide. plenty of christmas cookies. former dubs center zaza was there on hand spreading some holiday cheer. proceeds benefit the weiss foundation for children improving the lives of kids in the bay area some 30 years. >>> another reason to smile. ever been to eucalpytus avenue in san carlos? this is a great place to go. it is known as christmas tree lane. 30 houses here all decked out in decorations. >> and we do this every year. how amazing you guys? >> it's great. >> it's super fun to watch the kids and hear them. it's magic. and that's awesome. >> hundreds of people walked down eucalpytus avenue. that was stephanie moody. she starts decorating the day after thanksgiving and it takes about three days for her to get it all done. other neighbors even longer. she also notes it is not mandatory to decorate. but i kind of poke around the neighborhood many year, ago. i said how do you sell houses

stops at oracle park just one night. no steve perry.g to be awesome to see, journey at oracle park in midsummer. >> because i just heard that, it's going to be replaying in my mind all night long. >>> now that the rainfall is starting to clear out, we have colder weather settling in. let me get you all those details in your microclimate forecast right now. as we head through tomorrow's forecast, what we're tracking here is an area of high pressure that's starting to build in from the south. this has some drier air with it. we do have the chance, you may get into some patchy dense areas of fog tomorrow morning. but otherwise, the circulation around this is bringing in this cold blast of air. we're just on the edge of that chilly air, but it looks good enough tomorrow morning to get into the 30s with a freeze warning over the north bay. check it out. 32 clearlake. 35 calistoga. 34 napa. 33 in santa rosa. also in those 30s for the east bay, 39 concord. 37 livermore. maybe even 37 in san jose. looks just as cold here as we head through satu

oracle and meta already have strong partnerships with nvidia. that pie is growing and big players are entering and considering amd now. >> stick around. let's bring our next guest who is at the amdevent. joining us is dan numen of future group. so the total adjustable market is bigger in a way that is not a surprise. we have seen that reflected in the stocks of nvidia and amd this year. a question is partly supply and how much of a share of the marg tamd will bow able to get as we head into 2024. >> yeah, it is a very exciting moment. amd has been building up to this for a couple of years. the fact they were able to show competitive products with nvidia should are have been expected. the opportunity we have been referring to is not surprising. seeing the biggest companies in the world, meta, microsoft, up on stage, talking about how they plan to collaborate with amd is a really big deal. this is not a zero sum game. the idea is that it is not just about nvidia. it is about having choice. we saw the alliance announced yesterday. the world wants t

on monday, oracle reports after the close. this wouldn't be that controversial. is a software business that trades at a low price and almost never misses its earnings. but last time oracle disappointed, and the stock started a sickening plunge from $126-$100 per a real tug-of-war ensued because those who think the company is massively overpaid when it bought sooner, for $20,000,000,000.02 years ago and a second group of voters who think this oracle is going to leverage this huge data center group into a generative artificial intelligence powerhouse. in the end, the company reported and the naysayers won. the stocks been working it's way higher because wall street has fallen back in love with ai including their ai. we have taken a position in the stock and we think that the ai bowls this time will be proven right especially larry remains very involved in ai transition. last thursday i got a call. i thought it was a darn good company but people are worried about its german heat punk pump acquisition. i have faith. i also sent you might want to take a clerestory, si

oracle. shares down more than 10% of the missing estimates. how do you trade this one?d not 57%. it wasn't horrible and was more supply driven then demand driven but the backlog is bigger than the revenue. they need to get more a.i. chips in. this is a buy for me but larry ellison said on the call demand was over the moon on the data centers and the partnership with microsoft is great. i see potential in the stock and i may dip buyer because i think they get more of an a.i. boost on the road as the backlog it's a little easier. >> and let's go to zillow getting an upgrade from my wife's favorite pastimes is to zillow everything . upgrade from outperform jmp securities says citing pent-up demand shares are up more than 3% today. your trade on zillow? >> it's a cell. i don't see it. i love playing on zillow too you walk around and check out houses around you but the problem is the market is shifting. technology will change it. that $1.8 billion verdict against them that still needs to work to the courts but that will change commissions and how the industry real estate is

it will wrap up in march at oracle park.s will get the opportunity to meet current and former players. the tour is viewed as one way to re-energize the fan base after a couple of down seasons, but let's not focus on that. let's focus on the road ahead, glass half full. >> yes. all right. well, the warriors hit the court tonight in l.a. without draymond. >> that's right. sports director larry beal's here with sports larry. >> dan i'm a life after draymond began tonight against the clippers. we'll show you how they did in l.a. klay went off. that's for sure. and cp3 returning to his onetime home. plus steve kerr'thoughts on the draymond suspension next in ok. ♪ from christmas tree mats... to floorliners... cargo liners.... no drill mud flaps... seat protectors... and more... weathertech has the perfect holiday gift. honey, is everything ok? oh yeah. order at weathertech.com and don't forget weathertech gift cards. bounced from one doctor order to the next.h.com did they even send my lab work...? wait, was i supposed to bring t

sky dance is led by the oracle founder, one of the top studios producing some of the mission impossibleand top gun maverick. apple has shut down third-party apps that allowed devices to use the i message serve is. apple says it blocked techniques that exploit fake credentials in order to gain access to imessage, posing a risk to security and privacy. it comes after an app that enables i message on androids stopped working. they've called for years to expand it to add to android. the dreaded green bubbles. >> we all have those friends. >> have you ever met somebody, oh, man. >> we have a whole group of parents and we can't even call it a swim fam because you know who has that phone. thanks a lot. >>> one of america's leading retailers may be ready to change hands. sources tell cnbc macy's is now considering a nearly $6 billion buyout offer. the bidders are privately held companies that would take macy's private in the process. macy's shares are trading more than 30% higher on that news, but it's still too early to know what the future might hold for macy's bay area stores. >>> the season

it will wrap up in march at oracle park.s will get the opportunity to meet current and former players. the tour is viewed as one way to re-energize the fan base after a couple of down seasons, but let's not focus on that. let's focus on the road ahead, glass half full. >> yes. all right. well, the warriors hit the court tonight in l.a. without draymond. >> that's right. sports director larry beal's here with sports larry. >> dan i'm a life after draymond began tonight against the clippers. we'll show you how they did in l.a. klay went off. that's for sure. and cp3 returning to his onetime home. returning to his onetime home. plus steve kerr's thoughts on it ain't my dad's razor, dad. ay watch it! it's from gillettelabs. this green bar releases trapped hairs from my face... gamechanga! ...while the flexdisc contours to it. so the five blades can get virtually every hair in one stroke. for the ultimate gillette shaving experience. the best a man can get is gillettelabs. ♪ vicks vapostick provides soothing, non-medicated vicks

is it it to store oracle moment? i mean for cash flow to come out of this for years in the meeting? i think it's innovative and into, in my opinion as to how fast they continue to really own the dublin down that they many will kinda be of defense here. but i believe this is gonna be a home run success. so us car giants have their own electric pick ups on offer, however, they haven't sold well. so you think this will be different because it's not. i think ultimately people on the test so maybe not an electric vehicle. i mean tasha is established similar as apple. a brand the vigil, and i think if you look at mars, can you look at cyber truck? it's innovative. the mad max design currently may not be for all, but i believe this is going to be in there. be. well right now to 1000000 reservations. we think 40 percent of those convert that to $800000.00 vehicles. this is going to be a growth driver in my opinion for tassel in most pricing has been an issue for customers when it comes to electric vehicles. now it has a cyber truck, is substantially more expensive then initially announced h

is it it to store oracle moment? i mean for cash flow to come out of this for years in the meeting? i think it's innovative and into, in my opinion as to how fast they continue to really own the dublin down. i think many will kinda be of defense here, but i believe this is gonna be a home run success. so us car giants have their own electric pick ups on offer. however, they haven't sold well. so using this will be different from the test was not i think ultimately people on it the test maybe not an electric vehicle. i mean, tasha is established similar as apple a brand the vigil, and i think if you look at mars, can you look at cyber truck? it's innovative. the mad max design currently may not be for all but i believe this is going to be interviewed. well right now to 1000000 reservations, we think 40 percent of those converts the 800000 vehicles. this is going to be a growth driver in my opinion for tassel in most pricing has been an issue for customers. when it comes to electric vehicles. now it has a cyber truck is substantially more expensive then initially announced how much is

is it it to store oracle moment? i mean, for cash flow to come out of this for years in the meeting, i think it's innovative and into, in my opinion and to how fast they continue to really own the dublin down the many will kinda be of defense here. but i believe this is gonna be a home run success. so us car giants have their own electric pick ups on offer. however, they haven't sold well. so using this will be different from the test was not, i think ultimately people on it, the test, maybe not an electric vehicle. i mean test says establish similar as apple a brand the video. and i think if you look at most, can you look at cyber truck? it's innovative. the mad max design currently may not be for all, but i believe this is going to be in there. be. well right now to 1000000 reservations, we think 40 percent and those convert that to 800000 vehicles. this is going to be a growth driver in my opinion for task. so in most pricing has been an issue for customers when it comes to electric vehicles. now it has a cyber tr

opening january 17th under the big top at oracle park. go to abc seven news.com and enter for your chance to win a four pack of tickets. save and healthy holiday wishes from. abc seven. building a better bay area moving forward. >> finding solutions. this is abc seven news. now at nine a look outside this morning from our mount tam camera. >> it's the calm before the storm and we are tracking rain currently on the way to the bay area. good morning. it's sunday, december 17th. i'm stephanie sierra. we want to get right to your forecast to talk more about thatrillionain. lisa is here. how's the timing? >> well, maybe a last round of golf today, right before the rain arrives, because it is on the way. but it's only at the coast. so as we look at live doppler seven right now, we are dry. we have a spare the air alert. for most of us, just cloudy skies, a little hazy out there. but look at live doppler seven. very active with thunderstorms offshore. we're getting closer. you can see a line of rain there from point rays to inverness, but this a

there are names like that as well as oracle. up 33% on the year. have to find a way not just to be diversifying in tech, but still have an overweight. >> tiffany, your pick shift for payments. >> frank, we are bullish on tech. we really are looking at the health of the consumer which pulled forward and supported growth this year. we expect that to continue into the first half of next year. we are playing that with payments. shift4 payments. a processing for small and large her cmer merchants. they offer the turnkey solution. subscriptions are really significant up over 33%. >> i want to thank you for being great guests. jeff, i have a note. notre dame and oregon state. i know you are a former player. congrats making a bowl game. happy new year. >> thank you. >>> we look one more look at the futures. the dow hitting the highs of the morning. looking to open 44 points higher. thank you for being "worldwide exchange" watchers. have a great day and great new year. "squawk box" is up next. loving this pay bump in our allowance. wonder where mom and dad

outbreak , if i may say so, were the first to be felt by these two ukrainian individuals, bandera’s oraclechinsky, they decided to talk about a world without moscow, and also expressed their readiness to knock with the butts of machine guns on the doors of those who do not yet speak ... in the ukrainian language, however, the evil, as usually happens, crept up completely unnoticed. ukrainization - this wonderful couple of nazis decided to do it against the backdrop soviet library. on the shelves, in this regard , there were books by chekhov, tyuchev, and the house of stanyukovich, famous for his stories about the russian imperial fleet. pustovsky, who worked as a journalist for stalinskaya pravda. that's all they have. always, for example, after the news about total mobilization, ukrainian fortune-tellers, warlocks, malfars, and other necromancers again began to deceive completely gullible independent citizens. almost everything is accepted, love spells from military commissars, evil eye damage up to the fourth disability group, etc., heresy, and of course, all this is not at all free. at

the revenue guidance narrowly missed expectations, so a 9% drop in oracle.lphabet half a percent on the down side, and a federal jury sided with epic games, the maker of quartfortni they are accused of charging app fees up 30%, and it could developers more power or apps are districted and how they profit from them. and hasbro shares, just 13,000 shares of volume. the toy maker has a 20% slash of the workforce. it's a critical period for hasbro. as a result shares down nearly 5.5%. back to you. >> thank you for that. >>> when we come back, we will talk about when the fed will start or whether it will start cutting rates, and the latest results of the cnbc fed survey coming up, next. >>> and then president zelenskyy set to meet with president biden and lawmakers, and john rby ki will join us to talk funding and so much more. >>> new this morning, apple has offered to let rivals access its tap and go mobile system used for global wallets, and the move could settle eu trust charges and stave off a hefty fine. the enforcer charged apple with curbing rival's acces

shares of oracle dropping following disappointing revenue and guidance.pany says increased competition in cloud computing are weighing on demand. stock is down sharply right now more than 10%. google has lost its antitrust fight against epic games. a federal court jury found that google play's store has been protected by anti-competitive barriers that have damaged smartphone consumers and software developers. google says it will appeal. >>> and hasbro cutting nearly 20% of its workforce as weaker sales for toys and games carry through to the holiday quarter. the company's ceo says he expects challenges to continue into next year. >>> guys, we should talk about inflation. it's the data point of the morning i would say. not a major surprise. pretty much in line. a little bit firl. let's review some of the key numbers here. november headline inflation rose 0.1 on the month. that was a little bit higher than expected. we expected a 0 number there. it was up on core, which we know the fed is looking at, you take out food and energy, 0.3%. that was expected. al

ed: everyone talks about oracle in the same context as aws in asia.e platform but it's also a place where you run flat forms -- platforms. the server boxes that go into the big rooms, they can't get a hold of the gp use. we're talking about nvidia and that's what investors want to see. are they getting access to them and can they build the infrastructure quicken up because the demand is there for their customers and potential new customers. guy: looking forward to your coverage. bloomberg technology is coming up in around 90 minutes time. coming up, the billionaire founder of x po unveiling his plans for his next company, building supply distribution. that's what we're talking about next, this is bloomberg. ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy

yesterday they hosted their annual holiday heroes' event here at oracle park. always a ton of families out there enjoying the festivities at the big ballpark. it's a fundraiser put together by the foundation for children and it focuses on giving back and supporting underserved bay area kids. there was a giants' slide out there, a photo-op with the warriors' four championship trophies, activities on the field, and so much more. >> it's just wonderful and i think it just kind of ties up all the craziness that we get so involved in the day-to-day. that we forget to just kind of pause and enjoy the moment. so this opportunity just gives you a reason and i see it every day through my son's eyes, but now through all the kids that are here, the magic of the holidays and what that represents. >> look at those faces. the wise foundation for children has been putting on this event for 29 years and kudos to them. >> oh, looks like lot of fun and you are right. we should pause and enjoy the moment. and we're going to pause right now and show you a live look outside. >>> th

matt levine works in the city and works close to oracle park. >> we always hear from people and usually the reaction is i can't believe how lovely the city is. i thought it was want to be like mad max. >> mike polk voiced concern about all the money involved in the deal that ohtani signed. >> yes i've had my car windows broken, i don't think it is any worse than any other city, is it? >> reporter: he's been here a week. sergio quintana, nbc news. >>> a long-term project launched a month ago to increase traffic enforcement and foot patrols. today oakland police and city leaders said since it started on november 8 there has been a significant drop in crime. a 43% decrease in robberies and a 29% drop in burglaries. >> the strategy we put in place are definitely a factor in the reduction of the crimes we have seen in our auto burglaries, our robberies and ourselves. this is a beautiful city. it is an amazing city. we want people to enjoy oakland. we will do what we can to keep the city safe. >> krugerville is not the only place that is improvement. there has been a 31% drop in auto thefts i

even the disaster do sure, oracle, isn't dinging the s&p, the cloud and enterprise software giant up $230 market. reported mixed results for its fiscal second quarter. stock is getting clocked down 2%. and increasing competition is really what slamming the shares, and and wiser to crushing the s&p, the s&p is holding up, oracle is waiting on the index, under half of 1%. compare that to apple's 7.4%, it has been a great year for apple, climbing 2 thirds of 1%, popping back to a $3 trillion market. what would you guess 2,024 would bring? dan ives, one of the most wild on wall street joins me in studio at the bottom of the hour at 3:00 pm eastern. new jaw dropping call on apple, his sales predictions just in the last hour, dan and his team put out a stunning new note on cybersecurity stocks. he is going to unveil it here. to the markets, whatever you see on the screen, the highest intraday level since january 22nd. and the dow transports, a complete state of flux, the federal reserve announcements will include what i told you about, the interest rate predictions of each voting member an

in the technology sector, we've been focused on oracle and the challenges and satisfying expectations in the latest quarter with the sales -- with the cloud picture not inspiring investors with shares down 12% and lucid had a cfo departure. that stock is down about 9%. we will talk more about the road ahead a little bit later in the hour. scarlet: when it comes to today's u.s. inflation report, victoria fernandez explains what the data means for policymakers. >> the key thing that jay powell in the fed will be watching is that the core number did not move. we are still at 4% so the market and investors that have the belief that inflation will continue to fall rapidly and the fed will start cutting rates, i think this might be an eye-opener to say that maybe we need to take a step back. scarlet: let's take a step back and look at moves in the bond market following the 20 one billion-dollar auction of 30 year treasuries. we bring in liz mccormick. the 30 year bond auction was fairly well received in contrast to the sale in november. tell us what that tells you about investor willingness

. >>> the 49ers are one of >>> how about a live look at oracle park where today the giants are goinge their new outfielder. last night, the club officially announced the sixth year 113 . a lot of hype is growing around the slugger ahead of the season. the 25-year-old with the mvp of the korean league in 2022 and won five gold gloves in 20 seasons. you can catch them inside the giants clubhouse for the first time on sf giants or the club's youtube channel. his introductory press conference will begin at 1:00 p.m. >>> you can watch the 49ers and the cardinals this sunday right here on cbs. the niners have become one of the biggest shows in the nfl. >> this is the volkswagen red and gold report. >> with a 10-3 record, the 49ers have become must ctb. the camera always seems to find tight end george kittle , especially the sky camera. it got him on sunday saying what's up against the seahawks which continued the on going back and forth. >> i watch the office a lot. >> there is a camera hanging from the sky 10 feet from your face. it is funny. i am not that interesting. >> for the red and

. >>> a lot of field action in oracle park but not even for giants baseball.s for an event called holiday heros. the fundraiser had lots of games for kids. a joint slide. plenty of christmas cookies. former dubs center zaza was there on hand spreading some holiday cheer. proceeds benefit the weiss foundation for children improving the lives of kids in the bay area some 30 years. >>> another reason to smile. ever been to eucalpytus avenue in san carlos? this is a great place to go. it is known as christmas tree lane. 30 houses here all decked out in decorations. >> and we do this every year. how amazing you guys? >> it's great. >> it's super fun to watch the kids and hear them. it's magic. and that's awesome. >> hundreds of people walked down eucalpytus avenue. that was stephanie moody. she starts decorating the day after thanksgiving and it takes about three days for her to get it all done. other neighbors even longer. she also notes it is not mandatory to decorate. but i kind of poke around the neighborhood many year, ago. i said how do you sell houses on the

but oracle just can't get those data centers up and running fast enough.ed up with companies like microsoft to help them out. so overall, and this is why the stock is really getting discounted, those expectations games, their revenue missed expectations, and the stock is getting punished as a result. stuart: i saw this and thought this is a huge problem for the whole electric vehicle market, big trouble for ford's electric f-150. lauren: and that's the one that is actually selling. they cut their 2024 production in half. they are now planning for average volume of around 1600 next year, average sol -- volume from 32000 to 1600 in 2024 -- 3200. that's surprising since lightning sales have increased, but if you look at the numbers sold, it's only about 20,000 of them. it's part of this canceling or postponing of the $12 billion in ev investment. it now took the iconic f-a 150 is slowing down. i mean, what gives here? stuart: we're not buying them, are we? we're not buying electric vehicles. lauren: because they're luxury vehicles. if you look at the third qu

first stop will be on january 20th at sutter health park after which they will go to san jose, and oraclech 9th. all right, i am here with -- to talk about our weather. how does a look? >> things will remain quiet for another two days leading into the weekend. we will see the return of a rain pattern in our forecast. for now is look good. temperature wise we have been in the 50s and 60s. san jose is about 63. oakland 58. walnut creek, 58. san francisco, 59. we have high clouds. using satellite radar you can see that rolling through not really impacting our temperatures but it is what is going to keep us dry at least through the start of your weekend plans. there is a coastal flood advisory that got extended. expect minor coastal flooding for the highlighted areas. this could mean minor flooding for coastal trails so just be mindful and pay attention, never turn your back towards any sort of ocean. it has been cool to start but expect to see another morning where we see 30s and low 40s. livermore, 39. fremont and san jose, low 40s. by the afternoon daytime highs will heat up to upper 60s m

oracle on the selloff, mels. >> thank you for watching "fast money." "mad money" >>> my mission is simple, to make you money. i'm here on the level playing field for all investors. there is always a market somewhere, and i can help you find it. matt money starts, now. hey, i'm kramer. welcome to cramerica, i'm just trying to make a little money for you. to put everything in context, call one 800 743 cnbc. investing isn't easy, but it can be a whole lot easier and much less bouncing with a little instruction. the whole business manage -- by all the arcane technology and authentic wall street gibberish -- >>> boot! >>> you have to learn -- if you're not familiar with the jargon, the investors could summit there speaking in a tire differently language. -- investing is too hard for you, that ordinary people just can't do it. at the sea one safest thing to do is to give your money turned pro. hey, that's a huge reason why i started my -- when you joined the cnbc investment copy, we can show you that you can do it yourself and teach you how it's done. of, co

. >> it was a very festive night at oracle park, where a fund raiser for holiday heroes took place.mer giants manager gabe kapler was among those in attendance last night for a story time from the dugout holiday heroes is put on by wender weiss for children and helps underserved kids in the bay area. abc7 is a sponsor of that event. get your mugs out for national cocoa day. the national cocoa day website recommends mixing your cocoa powder with heated milk or water and adding some sugar. for the perfect sip. you're going to add sugar to sugar. >> well, maybe not. >> that's just. that's just coming from me. americans frequently use the terms hot cocoa and hot chocolate interchangeably. hot chocolate is actually different and hot chocolate is made from ground chocolate containing cocoa butter mixed with hot milk and the hot cocoa is just cocoa. >> that's is that like the thicker. >> yeah. >> i just think if you put it if you put it with the water, it's too watered down. yeah >> you put it with so you put it with milk. >> yeah. well i mean i don't put it with i don't drink that, i don'

so normally it's a one day event at oracle park. team has decided to turn it into a four city tour. that is logan webb again by the way. >> okay. >> so the first stop is sacramento. that's january 20th. then it will be in san jose on the 27th of january and then in napa on february 3rd, and then it wraps up in march at oracle park. fans will get the chance to meet current and former players. that's pretty cool. >> i just wanted to let you know that i know who logan webb is, not recognize him. >> you do know sports. >> you do learning and growing. >> hey drew, wait. >> it's my turn. it's your turn. it feels like i always just go. >> you do? >> hey, you do. >> i guess my turn again. >> i just sit down. >> i just took a sip of water. i just talked to reggie abt a roller coaster, like, three seconds ago. like, here we go. it's true. okay, here are your accuweather headlines. spare the air with hazy sunshine today. tomorrow we have a lot of sunshine. it's warm. we'll be in the 60s and 70s. then sunday day showers return with the latest i

you know, tatyana and i recently recalled that 3 years ago, when we met you, you acted as oracle, because then spoke about new technological structures, about civilizational breakdowns, and so on, you were our first. and since now this topic is already heard, many of it... or almost zero levels of growth in other countries, well, you see, it’s quite unconventional, but the most interesting thing is that industrial production growth was 8%, when this happened, this is a completely unique result, simple examples, production of washing machines quadrupled, production of belg cars tripled, we once doubted maybe... industries such as instrument making, microelectronics, machine tool building, they are loaded with orders for two-3 years in advance, this is a unique situation, and this, in my opinion, is a serious achievement, moreover, we see the emergence of new projects, well, we we probably call them import-substituting ones out of inertia, but in reality these are projects that allow us to develop completely new ones. very important, we are a relatively small country, we are in any case a v

there's dell, there's oracle, there's a lot of big customers here, and a lot of new customers, as well. >> yeah, no, it is interesting, though, on that may quarter they reported, it was that 80% revenue, like, beat. like -- it was astounding. i don't think anybody had any whispers, anything. gapped up to $400. well, it's traded up to $500 a few times, traded down to 400s the. it's really gone sideways. investors are trying to digest all this, and if you look at next year's numbers, trading at 22 times next year's consensus, 12 times next year's sales. that seems really reasonable for a company like this that has those customers, that is in the secular shift and the like. the only problem, at some point in 2024, estimates are probably going to go down. in my opinion. for the out-year, for the next year. and once you do that, that's when the stock fills in that gap back to 350 -- >> trades where as a multiple? >> it's going to start trading more expensive, right? i mean, to me, because -- >> no, if it gaps down -- >> but if the estimates are going down, flight so, to me, right now, you a

then there is oracle shares, down more than 10% this week.to slowing sequential growth and its cloud business, and that raises some questions about a software comeback but some analysts nbc's have really started to talk about. it was also a reality check coming after -- raises from other smaller names, and a reminder that the club story, it is not and the clear yet. remember back to google, that was a few months ago, now where we have missed estimates on its cloud business, and amazon, which provided some hope of bottoming, of a.w.s. growth, but it could not explicitly say that it was the bottom. and so the cloud growth is weak, guys, that could signal weaker in a price spending an economic uncertainty. that, said these moves, they are contained. they are not really impacting the broader software and cloud universe, yet at least the story for now of course protect is that rates and lower yields help the rotation into high growth speculative names. we talked about that yesterday. mega caps, the taking a bit of a breather. so i'm just saying gu

so far the organization introduced zhang who lead today at a press conference at oracle park. the 25 year-old korean outfielder outfielder signed a six-year 113 million dollar contract with the giants this week. at today's conference, he said that he is excited to play in front of fans at oracle park. >> and thank you for to my to play maybe. i always have love, don't they? d a? phone? call me you or i'm here to always q my best to 4 teammate and fence. >> let's go. giants. >> lee spent the last 7 playing in the korean baseball organization and this known as one of the greatest players and that league's history. he owns a careers. 34 batting average with 65 home runs. 69 stolen bases in 2022. lee was named kbo most valuable player. he became the first player to skip the miners and just go straight from high school into that league. someone go by his jersey. all right. still ahead, police continuing their investigation into the destroyed menorah at lake merritt in oakland as community members come together. >> despite this horrible incident, also why coca-cola is pulling thousa

freedman the director of the jewish community library and michael lucas was written a book called the oracle of istanbul. michael we were talking about your book and how you were inspired and a postcard you saw in istanbul . in this day and age, it is a big question but why do people write and why do people read and in the sense of why do people read and they read differently with an audiobook. what are your thoughts about all of that. >> i am aware as a writer we have competition. if you're reading on your ipad you can click and look at your email or play a little game of angry birds or something like that. but i think writing has this unique and special attribute which is , you are connected into the readers mind. your voice, your words are going directly into their mind and that is an amazing technology. when you take about why people write i think about he and forrester the british author and he had a maxim for the importance of literature which is only connect. when i sit down and feel like i have , struggling to remember what this is about i think about that. just about connection with

sounded like the old days of the oracle ari ma in oakland actually. it was loud.ltics, fourth quarter, final minutes, klay thompson has been hot lately. big time three. he had 24 points. game tied at 118-118. the defense steps up with clutch plays. the warriors had a two point lead. then the dagger. steph curry going to end up with the ball for the second time. that lost the three-pointer. and yet, like steph likes to say, night night. the warriors beat one of the best teams in the nba. the celtics. is 32-126. warriors are now 13-14 on the season. >>> e

a friend gathering this afternoon and oracle park. >> my name is jung hoo lee. i always have love the bay area. >> a great sense of humor. >> his dad is a famous baseball player too and his nickname was son of the wind and now he is grandson of the wind. also five-time gold glove winner with a lifetime batting average of 340. a lot of excitement for the giants and the fan base into next season. >>> the 49ers are the most complete team in the nfl. if you have to choose what side of the ball is more impressive, the offense or defense? we are joined now with this week. as a 49ers overreaction. >> the offense is better than its defense. overreaction, no. the star power on the 49ers offense is undeniable and i don't think there's a weakness on that side of the football. one of two legitimate mvp candidates with four games remaining. christian mccaffrey is the best running back in the league. and they perform one of the better tandems a wide receivers in the nfl. george kittle one of the best tight ends in the league and the 49ers offensive line is that there among th