the s.e.c. investigation. quk ig the details straht ahd. "sawbox" will be right back. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. oooohhh, it is cold outside time to protect your vehichle from winters wrath of course the hot sun can be tough on vehicles too you need weathertech all year round! come on, protect your investment laser measured floorliners and cargoliner will shield the carpeting from sand and snow for your interior, there's seat protector and sunshade plus, mudflaps and bumpstep for the exterior order american made products at weathertech.com surfs up yeah, right >>> welcome back. on the that week's planner, you have key data. january cpi is coming tomorrow. the forecasters expect an increase of 2.9% after the december gain of 3.4%. on thursday, we get jobless claims, retail sales and import prices. on friday, the producer price index and january housing starts. on the earnings front, we hear from lyft and coca-c

the s.e.c. gensler, see whether he's loaded up on any crypto. "squawk box" coming right back. were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? why can't they use my backyard!! with empower, we get all of our financial questions answered. so we don't have to worry. empower. what's next. we really don't want people to think of feeding food like ours is spoiling their dogs. good, real food is simple. it looks like food, it smells like food, it's what dogs are supposed to be eating. no living being should ever eat processed food for every single meal of their life. it's amazing to me how many people write in about their dogs changing for the better. the farmer's dog is just our way to help people take care of them. ♪ >>> welcome back to "squawk box." lyft reporting its first quarter results yesterday, and the stock jumped over 60% after hours. that was for a quick hot minute. uptick in the ride shares margin expansion, the release had that num

>> the s.e.c. to get to the bottom of what happened last november when sam altman was briefly ousted and returned five days later why did the board oust him in the first place, saying they had lost confidence in his ability there's so many questions around that dramatic period, and so few answers yet. it has done little to change or harm altman's ambitions and prospects and those of openai. openai was still able to reportedly close the latest tender offer, the same $80 billion valuation that it targeted before th there is also the open eye boards investigation with findings coming as soon as next month. openai has declined to comment on this but just because there is an inquiry does not mean there will be a full-blown investigation but it is israel to note that private capital, which led the latest round, that still went ahead. maybe they knew something they didn't. maybe there were effective key vacations as well. that is other questions the s.e.c. will look into. >> still a hot topic with openai

the s.e.c. claims to protect. the bill doesn't have democratic support at the moment, but republicans take it down the road if they hold the house and win the senate this november. if so, they are overturn rules from the biden administration with a simple majority. andrew, we will keep a close eye on what is in the cross-hairs. clearly, the a.i. regulation from the s.e.c. is one of their targets. >> emily, thank you. we will keep our eyes on that and talk to senator hagerty at 8:30 a.m. >>> up next on "squawk box," how tesla could reincorporate in texas. ann lipton will be here to talk about that and so much more after this. >>> they really need to get rid of three or four board members and replace with independent board members that have no financial ties to elon. the problem with that is elon is not going to want to deal with those people. i learned this when i ran for the board a year ago. there's no desire from anybody at tesla or within elon's circle to have an independent board. >> welcome

the s.e.c.investigation into whether openai misled investors. details to come. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. j.p. morgan wealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. caroline: the s.e.c. is investigating whether openai investors were misled as the startup went through a ferocious debate over leadership last year. this is all being reported by the wall street journal. the securities and exchange

shein is looking to move from new york to london because the s.e.c. may not approve the listing. >>> faa panel deeming there appears to be a disconnect with the safety at boeing with management and workers for raising safety or production concerns. the panel adds changes in the boeing safety procedures are leading to confusion among employees. >>> shares of zoom are taking off after the beat on the top and bottom lines. the cfo said the growth would be faster during that period if not for a sales reorganization. sales up 12%. >>> shares of altice after surging 36% yesterday after the commu company considering buying the broadband company. talk a look at shares of altice up 3%. >>> we are watching shares of kroger and albertson's after the block of the merger after it would result in higher prices for shoppers and lower wages for workers. >>> not out of the woods yet. that is the outlook on the fed inflation fight from kansas city president jeff schmid. stressing patience when it comes to rate cuts. >>> here is what to watch today on the economic front

when the s.e.c. restored broadband under the communications act, democrats told americans we get the internet one word at a time. is that how we get the internet today? >> no but that's the result of about a dozen states stepping in and making net neutrality laws. >> when the net neutrality laws were. >> we had states step in. >> i know i asked my staff the night before the rule was rescinded, i asked the district staff to do one thing for me. i want to know every call we got the next day into the office for people who didn't have internet service anymore and we receive nod calls. the answers to the questions are both no because despite fear mongering tactics by the left, the internet conned to operate as before. it withstao*d the greatest stress test of all time. when america moved online because of the pandemic how did it happen? >> we saw a year's worth of traffic growth get loaded onto the network virtually overnight with covid-19. u.s. jut performed networks in over parts of the world including

eastern. >>> the s.e.c.uth social media company with the blank check acquisition vehicle. it values it at $10 billion. half of elon musk's x platform. >>> and yelp warns of a slowdown with the illness and holiday season hangover for the q4 sales. >>> and microsoft's xbox will expand playstation 5 and nintendo switch. >>> apple developing features for the code software similar to microsoft's git hub copilot. >>> nike is cutting 2% of the work force warning of weaker profits as consumers cut back on non-essential items. >>> and coinbase with a profit for the first time in two years. the transactions drove most of the beat with service revenues flat. the stock is up 12% in the early trade. >>> here is what to watch before the bell. we get a look at inflation with the ppi and housing starts as well as builder better mights data. on the earnings front, cinemark reports before the open and several fed speakers like tom barkin and mary daly. fuel for the markets today with the fresh inflation data and the fed speak

that is because there is hope the s.e.c. in the u.s. might approve an ethereum next.g similar effects to bitcoin. one of the things we see with bitcoin rise, it drags up the smaller coins. solana and some of the other tokens that are also seeing a big rally as well over the past couple of weeks because of what we are seeing in bitcoin. it is to the just the etf demand. that is buying from the etf issuers, but the halving coming up. >> when is that happening? >> it is slated for april. the exact date is unknown. it is slated for april. the rewards for miners is cut in half. this is preceding the bull runs to record highs in the past. we have an interesting scenario. on the one hand, the halving is happening and coupled with the new demand from the institutional investors buying the etfs and, therefore, buying bitcoin. if that demand is strong and coupled with less supply, that is underunderpinning the bullis supply. >> november of 2021 is the last time it got to $1 trillion. it is interesting with everything going on there with the high profile fall of grace that bitco

they see the s.e.c. as a safe place.airman of exxonmobil coming up in under an hour's time. >>> up next -- >> the climate issue if someone told you 20 or 25 years ago that you will have a big shareholder uprising because people don't like the weather and blaming it >>> dow's american express has been led by steve squerry at the pebble beach pro-am. i caught up with the ceo and talked about the challenging time at the start of the pandemic, but while some companies were zigging, he took a different tack on all this tried to take an opportunity and turn it into something he did this after speaking with the big shareholder. amex is a big holding for warren buffett. >> sometimes people say don't waste a good crisis. i think during the pandemic, you were faced with a lot of challenges for us, the first thing that was important for us was to take care of colleagues we made sure people were home and safe we had probably 6,000 or 7,000 colleagues with no internet access we kept them on our books. when the pandemic was over, they

coinbase calling on the s.e.c.e's application to launch a spot ethereum etf the lawyer saying, quote, ether's proof of stake has demonstrably strong governance that exhibits robust characteristics across ownership concentration, consensusly wid ty and governance mitigating risks of fraud and manipulation. it is not that often when one of your competitors says go help these folks. >> well, we do have an application on file. grayscale sponsors the ticker, the largest fund in the world, and spot ethereum etf is a matter of when, not a matter of if >> you say that because with such confidence. >> i say that with confidence because my team has been doing the tough work to move this industry forward, work constructively with regulators, focus on disclosure, investor protections and that's been true for bitcoin, proud of the work we did with gbtc. >> it took a lawsuit to get gary gensler to back down on this, right? and we just had gary here recently and you saw the interview, i would love to get your reaction to it, but

even when the s.e.c.ion are hostile to takeovers, sometimes they'll buy their own stock because they hear footsteps of a potential acquirer. maybe they've been contacted by companies and they turn those companies down. spurned overtures happen all the time. and if executives expect they may be next, well, it's a healthy and honest reason to buy. or maybe they realize that the business is indeed worth more than they thought and could be broken up by priby bringing out value. altria, tyco, even dupont. we've seen tons of these break-ups over the years and they generally produce long-term gains because wall street likes smaller more straight sfard companies that are easier to get your head around. think about carrier, otis, the old united technologies. maybe the executives see the ability to create value and they want it on themselves or maybe the stock's run just a bit but they don't think the run is over because they recognize how much better the business will be once it's broken up. for me buying after a

elon musk acquire the social media company and he was sued last year by the s.e.c. to investigate whether he filed paperwork according to law. check new numbers .25 it may be getting easier to make it in your home sold in 2023 than in any other year. 2025. according to estate company, compass, a total of 4001 last year and that is less than even at the height prices in 2009 experts in the market will remain chilly into mortgage interest rates jump again. even a minor increase adds up to a lot in a city where the median price of a city with $1.2 million. >> reporter: we take a live look allegiant stadium for the 49ers and the chiefs are facing off right now. 49er fans have been in sun city all week and show support for their team. 49ers fans are packing bars and restaurants to cheer on the niners. this is what it looks like at a san pedro social, is a sea of red and gold. >> beautiful site, the party is just one of many gatherings happening across the bay area, nbc bay area tom jensen's live at the watch party live in san francisco. >> hey, i like to celebrate so far

none of this is -- was in play. >> right. >> because right now the s.e.c.saying, okay, is he a rogue character? there is a board. now, you may think the board is conflicted. i don't care. the board has to issue a statement today saying we have examined all these or we have hired, i don't know, paul weis, and they're going to examine all these, okay? they have to do that. >> you don't care that the board is conflicted because the stock has been a winner? is it sort of ends justify the means? >> the judge talked about that. the judge said, listen, it matters if it's a winner or not but the disclosure in order to have the vote be correct and the judge goes into the idea we know it's a big winner and that's not what's at stake. a lot of us would just say, hey, you know what, i don't care how much you made. we made a lot of money but that's not in play. but i think what's in play, they have to discredit this "journal" story and do it now and say, listen, we'll point -- what are you shaking your head? >> not at all. >> the board, i don't know, who cannot -- they

very fluid situation, and the mayor encouraged all the people he visited tonight to sign up for alert s.e.c., so you can get up-to-the-minute updates about what's going on. reporting live in san jose, nbc bay area news. >> all right, is not just the city one south bay water agency is ready to take action overnight. >> our crews are definitely prepared, they're going to be out and about at 4:00 a.m., trying to make sure we are clearing any and all obstructions in the creeks. our eoc will be opening and fully staffed at 4:00 a.m. as well. >>> in the north bay sonoma county swift water rescue team spent the last few days running drills, leaders essay in addition they are expecting a lot of runoff. that means low-lying areas will flood, including some roads, so the county is trying a new tactic to protect people and first responders. for the first time it is preemptively closing roads. >> we identified five roads, we have probably the most request to rescue drivers. and we're closing them starting at 7:00 p.m. on sunday night, they will be closed until at least 7:00 on monday morning. >> and th

company announces s.e.c. it would soon announce a date for a special shareholder meeting to vote on that. of course, the spac we've all talked about associated with trump and -- what's the phrase? what do you call it? truth social and the like. >> truth social. >> here it is. so looking at that stock up in a big way. >> former president trump talking about? >> yep. heard of him too. >>> producer price inflation due out tomorrow. hotter than expected cpi sank the markets tuesday. investors began worrying that the fed won't cut interest rates as soon as they'd been hoping or betting. joining us to talk where inflation is, where it's been and where it's going, former commerce secretary and kellogg ceo carlos gutierrez. cnbc contributor, current position. with all your contacts in the business, carlos, interested in just anecdotally what you're hearing, because there's so many different components to inflation, and some seem to be going the right way and other ones seem to be stubborn, i think. what are you heari

the s.e.c. is opening a probe into open a.i. and if it misled investors.t is looking at the internal communications of sam altman after the company removed him as ceo last year. >>> apple wasting no time in making a bigger pivot in a.i. after abandoning the ev ambitions. during the annual shareholder meeting, tim cook said his company is pouring money into the technology adding that apple sees breakthrough potential for generative a.i. apple hasn't unveiled a competitor to gpt or gemini, cook teased a product for later this year. >>> wendy's pulling the plug saying it has no plans to raise menu prices during times of peak demand. this is after backlash comments from the ceo which suggested wendy's would test diynamic pricing, frank. >> that wasn't going to work for me. i appreciate him trying to float it out there to see what it was, but i'm not paying more for a frosty because it is 4:15. >> i'll wait. >> or go to chipotle. boom. i'm out. silvana, thank you. >>> turning attention to bitcoin and the rally showing no sign of slowing down. up 46% this month

the supplier received subpoenas from the s.e.c. it is cooperating with the investigation over the probe on manufacturing which led to costly recalls of the engines last year. >>> and shares of super micro adding on to yesterday's 14% jump following a fresh insider buy. according to a regulatory filing, board member fred chen buying up 2,000 shares for over $1 million raising the value of his stake in the company to more than $28 million. chen's purchase comes as shares of super micro, a partner of nvidia, surged 700% in the last year. that is not a typo, frank. 700%. >> bertha coombs, thank you. >>> we will move to another earnings mover. toyota jumping 5% in japan today as third quarter earnings beat the forecast. the company raising profit guidance for the year as it continues to benefit from the weaker yen and strong sales of higher margin cars and hybrids. the positive forecast from the world's best selling automaker is in a sharp contrast from rivals. others are warning of production cuts because of slowing demand for electric

. >>> a judge ruling elon musk has to testify as part of the s.e.c. probe concerning his 2022 acquisition of twitter and whether he or anyone else committed securities fraud in the lead-up to the $44 billion deal. >>> thank you, silvana. investors are waiting for a number of market catalysts. including the cpi report tomorrow. economists are expecting inflation to drop to 2.9% from 3.4%. that would mark the first read below 3% since 2021. ahead of that, a new poll from the national association for business economics shows 21% of those who responded knew the fed's policy stance as too restrictive. that is the most in 13 years. let's discuss this with seema shah at principal asset management. seema, i was in las vegas covering the super bowl and talked to some of the players. one of whom said to me i think the fed chairman is really trying to keep the markets in check. is the fed right now trying to keep everyone from pushing too hard for rate cuts sooner than the fed thinks is possible? >> good morning. i think that is one of the clear messages you hea

market and jeff bezos just sold another tranche of amazon shares worth $335 million according to a new s.e.c. filing. yesterday's sale brings a number of total shares sold by bezos in the past week to 14 million, worth nearly $2.4 billion, frank. >> silvana, thank you very much. we'll see you later in the show. we have a lot more to come on "worldwide exchange" including one word investors have to know today. but first the nvidia effect being felt far and wide. we're going to speak with the company's ceo next about the company's impact and what's ahead. >>> plus, a fresh billion dollar buyback. it's not enough to boost shares this morning. >>> later, more big "money movers" in a rough day of cathie wood's stock picks we have a very busy day ahead on "worldwide exchange. stay with us s bold new thinking. ( ♪♪ ) partnering to unlock new ideas, to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley. (vo) what does it mean to be rich? m

an s.e.c.iling shows the company unloaded 12 million shares worth $2 billion in a series of transactions friday and monday. bezos sold roughly the same amount last wednesday and thursday as part of a set trading plan. it's his first stock sales since november of 2021, and that's according to verity data, which tracks inside stock moves, frank. >>> coming up, we have a lot more on "worldwide exchange" including the one word that investors have to know today. but first much more on yesterday's hotter than expected inflation print and why housing is having an outsized impact. plus, why our jim cramer says the selloff was basedon bad judgment, not bad earnings. and then later, a really wild ride after an error-laden earnings report. as we head to break, stock futures are higher. we're going to look at the dow futures. taking a look. some of the names you know very well. bo most, salesforce, walgreens boots, alliance, ahome depot, intel and more after this. netww 't cutting it. and that's not good f

holiday, the mainland equity is up for the fourth straight session after the shake up at the top of the s.e.ccommission. the new chief earned himself the nickname broker butcher because of the hard line approach to the regulation. some analysts say it is a good thing as policies will stamp out those who seek to manipulate the market and others say it doesn't address the fundamental problems impacting the economy such as the lack of policy certainty and the three ds and political risk. lynn lin, cnbc business news. >> that did not stop chinese markets from having a good session overnight. >>> disney is higher pre-market after topping expectations. the house of mouse had a beat of $1.22 over 99 cents. revenue at $23.5 billion in line with last year. disney also announced plans to take a $1.5 billion stake in epic games. the media giant plans to work with the "fortnite" maker to engage with the disney owned characters and stories. i'm happy to say the head of money and markets joins me. good morning, susannah. we had an article up on cnbc.com and all of the things announced by disney. they are t

. >> big tail wind, new s.e.c.ulations on reporting cyber security. >> public companies now literally have to demonstrate what they're going to do about breaches and if a breach happens, they have to be talking about it with officials within, like, 48 hours. crowdstrike will implement that and do that work. it's just one more tail wind for a company that's got tons of tail winds already. >> time now for our headlines. we have our pippa stevens with those. >>> kansas city police said the shooting at the super bowl parade appeared to have been a dispute between several people that turned into gunfire. police chief stacey graves said two juveniles were arrested in connection with the shooting that left one person dead and at least 21 others injured. links to home grown extremism or terrorism have yet to be found. >>> a justice department watchdog found the bureau of prisons failed to prevent almost 200 suicides over the span of eight years. a new report released today found that there were many operational and manager

i wonder if the s.e.c. is going to take a hard look at that.go to what they're doing is basically saying, look, there's an inflection point. actually, fabrizio called it an inflection point. when you use that term, you're home free if you have enough credibility to make it work, and i think that estee lauder did. there's so much in there. jeffries thought it was okay. if you look at the stifel note, they're positive on it. and i think that in the end -- what's the matter? >> it's like -- >> this is my crib note. >> it's like a crazy man's -- look at this. this is what he's working off of. you knew this is what it looked lik like, didn't you? i know. >> that's called rigor, david. >> help me, i've been taken prisoner. >> no, no, it says, "didn't cut the margin outlook." and that's what did it. didn't cut the margin outlook. and then, i combined that with, "we are currently at an inflection point." i use brown for when it's really important and blue when it's somewhat important, and you probably think this is arts and crafts. >> are we finally a

jeff bezos selling more than $2 billion of amazon stock you according to s.e.c. filings.re and more since he left seattle and moved to miami. bezos stepped down in 2021, has been open about his plans to sell 50 million shares of amazon before january 31 of 2025. there is amazon in be they the premarket, up about a percent. the federal government will start paying off people's rent in two states this year under you new medicaid program. which treats homelessness as a healthcare issue. arizona's going to spend $550 million of its medicaid budget on this program. oregon will spend $1 billion of the medicaid budget on this program. 650,000 people experienced homelessness in the u.s. in 2023. my point about this story is i understand the idea here that you want to make homelessness a health issue. a lot of the folks are mentally ill, drug addiction. they go hand in hand, to be honest. to pay off the rent so they can sit off in their apartment that they're not paying anything for so they possibly don't get healthcare treatment, where's the logic in that. if i'm an arizona or or

now, the s.e.c.committed securities fraud in that purchase. whether he followed the throw when he bought twitter stock. musk's legal team says the investigation is frivolous. >>> we're starting off with chilly mornings and mild days. rain is coming back. here's meteorologist kari hall with our seven-day forecast. >> our workweek is off to a dry start. it will be cool in the morning and afternoon high reaching in the low 60s. expect a mix of sun and clouds. then, on valentine's day, rain chances will be going up. scattered showers expected through thursday. and potentially a bigger storm system moving in for saturday and sunday, with gusty winds and heavy rain, possibly an atmospheric river coming in. we'll be tracking that with the latest as we go throughout the next several days. in the meantime, we do have a little bit more of an opportunity to dry out and also prep for the incoming storms for the middle to end of the week. >> thanks, kari. >>> one major milestone for the bay area. san francisco st

prices recently saw some selling pressure following the s.e.c.'f spot etfs about a month ago, so what does investor demand for these new products look like? bob joins us now with david labau from gray scales. bob, the floor is yours. >> we're here with the big etf exchange conference in miami beach. yes, it's miami beach behind me, the real miami beach. we're talking about bitcoin, bitcoin etfs. congratulations. the big launch happened last month. ten spot bitcoin etfs launching, including yours. two questions. number one, how is the tracking? are they accurately tracking bitcoin? and how are the flows? what kind of investor interest are you getting? >> so the tracking has been really remarkable. we've seen the bitcoin etfs really doing a great job of holding very tight, tracking the funds very tightly. and we have seen a liquidity profile that's been indicative of what we anticipated. we have a ten-year track record and over a million investors and over $20 billion in assets. so we're seeing what we anticipate. >> are you happy with the flows? yo

that he did that could get him in actual trouble with investors or the s.e.c >> deirdre, thank you very much for the update we know you'll be following it >>> before we go, just want to check on -- every break david asks me what the dow is doing. let's look at the dow. it's down 80 points. just kidding he thinks it's statistically irrelevant >> thank you >> the dow is down but the s&p 500 has lost a lot of steam this morning. consensus report on pce, treasury yields come off their highs of the year. that's it for us now over to scott wapner and "the halftime report." >>> sara, thanks so much welcome to "the halftime report." i'm scott wapner front and center this hour, the final day of another great month for stocks the investment committee weighing in now and what it means for your money joining me for the hour today josh brown, shannon saccocia we do have a mixed market picture, josh, i don't know, dare i say the bear case was dealt a blow this past month the nasdaq up 5% the russell up 5.5%. the dow up 1.5%. so goes the start of the year. so goes the rest >> i mean, historically, you

the new bill would kill a yet to be finished s.e.c. regulation on how financial advisers use ai.ow, this rule would require firms to ensure that any predictive technology that they're using is free of conflicts of interest and that it puts the client first. but republican senators ted cruz and bill haggerty said that the rule goes too far and would be so costly that it would prevent any new technology from being used by advisers. listen to what bill haggerty told squawk box this morning. >> encompass anything from a small kcalculator to a website. increased compliance cost, increased liability and therefore it will lessen the access retail investors to the marketplace because the companies involved in this will stop offering technological innovation. >> well, the bill doesn't have any democratic support at the moment. republicans might not need it. they could potentially take the rule down on their own if they can hold on to the house and win the senate and then the white house this november. if so, they can overturn recently finalized rules from the biden administration with a s

the s.e.c. is a global $7 billionponzi scheme, run by multimillionaire allen stanford, who sold certificates of deposit from his offshore bank in an teagua, touted them as safe investments. largely sold to retires like ed and we hbeverly. they put half their retime fund in stanford cds and lost it all. >> initial reaction was panic. i would say on both of our parts. >> i feel like we have just been flat cheated and lied to. i was really disappointed in the people. i couldn't believe somebody would do that. >> reporter: and it is still going on 15 years later. allen stanford got a life prison sentence. he's in a penitentiary in florida. but from there, acting as his own attorney, he's blocking the biggest potential source of recovery for the victims, a $1.3 billion settlement with three of the banks accused of helping him. >> he has nothing else to do right now. he's trying to make his case for the courts, and denying victims recovery. >> reporter: that's the court appointed receiver who has spen

. >> snap shares at 5% after the company announced the s.e.c.iated debt buyback. the company's buyback, approximately 100 million dollars worth of convertible senior notes next year. another nearly $340 million for us to on the following year. the straight -- moving to lower snaps debt obligations as a sign that the company is improving -- but the shares are still down about 30% after the past week after the company reported that lower than expected. revenue and revenue guidance in its quarterly earnings report last tuesday. scott? >> julia, appreciate you. thank you. about one minutes ago in the session as we turn back to mike santoli. you have cpi? it has december to move on, roads but we have an idea of what we have. >> you have built up the confidence that that's where we're going. one number doesn't really depend that. on the other hand, the market generally is feasting off of this good news. a lot of idea that soft landing, we can almost take for granted, and all of the rest of it. again, in a to the possibility that the market can decide

>> i think over the long-term we're trying to create -- >> the 10k you filed with the s.e.c., a few things you want to note, hee are some quote, and this is a filing you signed, correct? >> yeah. >> our financial performance has been and will continue to be significantly determined by our success in adding, retaining and engaging active users. here's another quote. if our users decrease their level of engagement with our products, our revenue, financial results and business may be significantly harmed. here's another quote. we believe that some users, particularly younger users, are aware of and actively engaging with other products and services, similar to or as a substitute for hours, continues in the event that users increasingly engage in other products and services, we play get a decline in which case our business would likely be harmed. you have an obligation as the chief executive to encourage your teen to get -- your team to get kids to use your platform more. >> senator -- >> is that not self-evident? you have a fiduciary obligation to your shareholders to get kids to use your pla

he said he wants to go after his political adversaries and potentially poll s.e.c.enses of people on the air that disagree with him. that is just -- that should really be enough for -- how the -- document has been in the service of all of our families in this great wonderful country. >> so saying that, how surprised are you after his muddy legal entanglements in unhinged rhetoric? trump's team ruling his way to the republican nomination. did you think rhonda syllabus would pose more of a threat? i'm curious what happened there. funding challenges aside, should nikki haley stay in this race as long as possible? does she weaken trump? >> let me start with. that i think she does weekend the president. i think governor kelly is a very competent politician, great public servant, and she pulls very well versus president biden. so she would be the natural candidate. but unfortunately, to answer the first part of your question, the president has already support. there's a large group of people in the country that feel left out and are quite angry about it. mr. trump is an a

. >> reporter: the s.e.c.riven takeout. without a way to ensure safety in situations like these, it's unclear how schools will tackle the growing problem. and we should note wake forest university's athletic director did say event staff had rehearsed post-game procedures but added clearly we must do better. back to you. >> that's a serious situation, but got to love that guy, the i don't want to be the no fun police, emilie ikeda, thank you. that does it for us today. great to have you here with us. see you back here tomorrow, same time, same place. you can always catch our show online around the clock on youtube and other platforms as well. for now i'm ana cabrera reporting from new york. josÉ diaz-balart picks up our coverage right now. >>> good morning, it is 11:00 a.m. eastern, 8:00 a.m. pacific. just moments ago nbc news learned president biden will visit the southern border later this week. the same day as former president trump. the crisis there a

>> i think over the long-term we're trying to create -- >> the 10k you filed with the s.e.c., a few things want to note, hee are some quote, and this is a filing you signed, correct? >> yeah. >> our financial performance has been and will continue to be significantly determined by our success in adding, retaining and engaging active users. here's another quote. if our users decrease their level of engagement with our products, our revenue, financial results and business may be significantly harmed. here's another quote. we believe that some users, particularly younger users, are aware of and actively engaging with other products and services, similar to or as a substitute for hours, continues in the event that users increasingly engage in other products and services, we play get a decline in which case our business would likely be harmed. you have an obligation as the chief executive to encourage your teen to get -- your team to get kids to use your platform more. >> senator -- >> is that not self-evident? you have a fiduciary obligation to your shareholders to get kids to use your platfor

the biggest and spreads this week s.e.c., of a intimate cost index. that number came in very tame, and the fed chair powell barely mentioned the labor market in the last press conference. i think it's because the job market is still adding jobs. there was a big surprise, but the unemployment rate is not really falling precipitously, and it's not creating a lot of wage pressure. so, so far i, think the labor market isn't going to be the source of the concern for the fed. >> yeah. what about the broadening off the market? it's been slower than i think when many probably you as well, half expected. why so? >> i think that the broadening of the stock market requires equity inflows. i mean, we already know that for the entire month of january, retail investors were pulling money out of the stock market. maybe i'll start to allocate in february, but the months that they did, which was december, we saw spectacular move in the russell 2000. do i think retail investors are going to be taking money out of the stock market? in fact, someone had showed me that ma

prices should move up as institutions move in now you that the s.e.c.erparty risk so again, it's a big idea and we think the bigger risk out there is deflation, not inflation. i think the ramifications of a 24-fold interest rate hike by the fed over roughly 17 months have yet to be felt in full and it's really interesting. the bloomberg commodity price index today is where it was in the early '80s and i'm not adjusting for inflation. we think the bigger risk out there is deflation, not inflation. maria: okay. we'll be watching that. cathie, always a pleasure. thanks so much for being here this morning. >> thank you, maria. maria: cathie wood joining us. quick break and then the increase of the number of chinese migrants p, national chinese migrants apprehended at the southern border, we're seeing these numbers move higher, agents seeing mostly military aged men, perhaps they could be chinese soldiers. this is what gordon chang told me on this program this week. it is making a buzz right now. we've got it after this break. tune in next week on fox busine

. >> this week, the s.e.c. took action and outlawed robocalls with a.i. generated voices and potentially took opened the perpetrators to civil lawsuits. effective immediately, the regulation empowers at the fcc to find companies that use a.i. voices in their calls or block the service providers that carry them. it also opens the door for call recipients to file lawsuits and gives state attorney general a new mechanism to crack down on the violators, according to the fcc. the u.s. government is also taken action to stop these attacks on voters before they happen. the associated press reports that the nation's cybersecurity agency launched a program aimed at boosting election security in the states. federal officials say that the program will be entirely focused on elections, which is critical because of the complexities surrounding voting that vary by jurisdiction and involves election security advisers in docking cyber and physical security reviews for safe election offices as, they request them. joining us now, msnbc national security analyst clint watts

>> i think over the long-term we're trying to create -- >> the 10k you filed with the s.e.c., a few things you want to note, hee are some quote, and this is a filing you signed, correct? >> yeah. >> our financial performance has been and will continue to be significantly determined by our success in adding, retaining and engaging active users. here's another quote. if our users decrease their level of engagement with our products, our revenue, financial results and business may be significantly harmed. here's another quote. we believe that some users, particularly younger users, are aware of and actively engaging with other products and services, similar to or as a substitute for hours, continues in the event that users increasingly engage in other products and services, we play get a decline in which case our business would likely be harmed. you have an obligation as the chief executive to encourage your teen to get -- your team to get kids to use your >> senator -- >> is that not self-evident? you have a fiduciary obligation to your shareholders to get kids to use your platform more? >>

included that notation showing confidential information has been omitted and filed separately with the s.e.c., so, we continue to be in the dark, sadly, on what that is all about. however, the firm did make some moves in the fourth quarter, as you mentioned. b berkshire holding $19 billion worth of chevron at the end of '23. however, warren buffett's firm slashed ownership in hp by 78% to hold under $700 million worth as of the end of december. berkshire hathaway reducing ownership in paramount global to hold under $1 billion worth at the end of the year. and berkshire told 10 million shares of apple. sounds like a lot, but that's just 1% of the firm's ownership, worth roughly $174 billion at year-end. and of course, always a reminder that these forms are snapshots from six weeks ago. they may have changed in the time since. mel? >> all right, leslie, thank you. leslie picker. karen, what do you make of these moves? >> well, now i really want to know what the mystery is, of course. >> right. >> paramount, whatever is happening right now, talks are not, who knows if anything gets resolved, th

. >> what else s.e.c. have? there is a judgment against him for over $500 million. not including the 88 point $6 million he is going to 02 e. jean carroll. it is an enormous amount of money that he does not have, i don't care what anybody wants to write in any newspaper, regardless of what their credentials maybe, unless he is going to show you that his bank account has more than a half 1 million dollars -- he doesn't have 400 million cash on hand. maybe what he's doing is he's including rnc money. maybe he's including the pack money, or the various different condominium monies that is sitting in x accounts that do not belong to him. those don't belong to him either. he has a very interesting way of looking at money. the way he looks out it is, if his name is somehow attached to it, it's available to him. it is not. he does not have. it there going to have to start liquidating assets. >> yes. that becomes the issue. he's got assets worth more than half 1 million dollars. >> he does. >> the cash is the issue. >> i want to say that this is something people are not tak

>> the s.e.c. looking at internal communications by openai ceo sam altman. a lot of people in the valley looking at this and questioning what is happening. the investigation into the investors being misled. the sources telling "the wall street journal" saying this was predict i believe after altman hadn't been candid in the communications. the board used that to fire altman and returned two weeks later. the s.e.c. closes investigations without making formal accusations of wrongdoing. unclear where this will go. we may learn more. there is an internal investigation which openai's law firm is doing. i don't know what we will learn from that. >> this is the first of several washington usuaissues. ro khanna would like to learn more. >> about what happened. >> right. >>> you're back? >> i am. >> i can ask you this. needles. would you prefer forehead, lips or stomach? i could never been a drug addict. >> i have given myself shots in the stomach. >> you have? >> yeah. my face? >> people get them in the forehead all the time and lips. you would choose stomach? >> ye

all of this amonth after the s.e.c.'laxy ceo mike novogratz. mike, great to see you talk whether consolidation at that $52 level also just about, what's about to happen now between having and everything else and what kind of interest we're really seeing from the institutional space given where you sit and actually the institutions that you're talking to, where are we in that process? >> listen, we have come a long way fast, but in u.s. stocks and in crypto. crypto, almost felt too easy right? you know, we've gone up almost every day. so what surprised me, it wouldn't surprised phoo there's some consolidation trees don't grow to the skies, but i think the big story is we've now opened up the institutional -- really, the rai community. right? $42 trillion worth of wealth are managed by brokers baby boomers own most of the wealth in america and getting their first easy access to bitcoin and you're seeing it through etfs, massive growth in a very short period of time in this whole etf complex. i don't think that's going to s

i'm not sure i think the cfpb and other agencies -- the s.e.c. -- has some authorities -- regulatory authorities in this space that they can use. >> but it seems there is some confusion and a lack of clarity. do you believe that if congress were to act it would approve consumer protections? >> i would really need to know more about the specifics. >> okay. the fsoc report repeatedly states the health and resiliency of our banking sector , yet our regulators have go be proposed to the largest increase in capital requirements since dodd frank. my colleague has already hit on concerns we had with basel iii. however, the regulators have also just several the proposals, such as the long- term debt proposal and resolution planning requirements. given such vast proposals, there must be a potential for negative impacts on our financial systems and their ability to operate in a safe and resilient manner. has fsoc reviewed the long-term debt proposal as well as numerous proposals banking regulators have put forward? >> fsoc does not engage in regular reviews of banking regulations that are with

champion, still the s.e.c. recordholder in the 200 butterfly, make me one of the fastest americans of all time. in march 2020, female swimmers from around the country and i were forced to compete at ncaa's against formerly thomas. we watched as this male swim through women's national title, beating out the most impressive and accomplished female swimmers in the nation including olympians and american record holders. despite tying with the 200 freestyle, i was denied the trophy because the ncaa claimed it was necessary for thomas to hold the trophy and photos were being taken. it was clear to me, my teammates and my competitors that they had reduced everything we had work our entire lives for, down to a photo op to validate the feelings and the identity of a male. that is not all. in addition to losing out on opportunities to thomas, we also had to share a locker room and change in front of the 6'4", fully intact naked male. as i have testified previously, we were not forewarned of this arrangement and we were n

i'm not sure i think the cfpb and other agencies -- the s.e.c. -- has some authorities -- regulatoryuthorities in this space that they can use. >> but it seems there is some confusion and a lack of clarity. do you believe that if congress were to act it would approve consumer protections? >> i would really need to know more about the specifics. >> okay. the fsoc report repeatedly states the health and resiliency of our banking sector , yet our regulators have go be proposed to the largest increase in capital requirements since dodd frank. my colleague has already hit on concerns we had with basel iii. however, the regulators have also just several the proposals, such as the long- term debt proposal and resolution planning requirements. given such vast proposals, there must be a potential for negative impacts on our financial systems and their ability to operate in a safe and resilient manner. has fsoc reviewed the long-term debt proposal as well as numerous proposals banking regulators have put forward? >> fsoc does not engage in regular reviews of banking regulations that are within