with schneider electric.eco care remote monitoring services, and 24/7 support, your organization has the power to do more than keep the lights on. make amazing happen schneider electric and cdw. francine: chanel is behind some of the most recognizable designs and fragrances in modern fashion. the french luxury house is still privately held by the billionaire family wertheimer, involved with the company over the past century. i continue my rare interview with the firm's chief executive, leena nair. ♪ do you see that, again, the high-end luxury, does that even go higher in luxury? that actually there's a lot of players in the fashion world right now, in the luxury world, and it's really the ones that are very high that will do well. and does that also justify some of the price increases that we have seen at chanel? leena: you know, our prices are related to our cost prices. we use exquisite raw materials. and our production, as you know, is very rigorous, laborious, handmade. so we raise our prices according to

we will be speaking to the ceo of schneider electric on their latest earnings. a roundup of the stories you need to know to get your day going in today's edition of daybreak terminal subscribers can go to dayb . on the terminal. focus, of course come on the central ck decisions and the importance of the earnings start with the focus shifting for microsoft to meta. samsung shares are up after reporting its fastest pace of net income growth since 2010. more than a decade, of course. we will bring you the latest on the big tech's big week of earnings. this is bloomberg. ♪ ♪ tom: welcome back to "bloomberg daybreak: europe." happy wednesday. microsoft's cloud computing service azure posted a slowdown in quarterly growth, disappointing investors came to see a payoff from huge investments, and growing investments, by the way, in a are products. let's bring in -- in ai products. let's bring in our guest with a focus on microsoft products. the growth came through for azure, but less strongly than in the previous quarter. and then there was the capex spent as well. h

schneider also revealing about 50 masked demonstrators rallied outside of his house in illinois last a new study revealing 1 in 5 electric vehicle charging stations in the u.s., well, they just don't work. this comes as a data shows ev sales are down 15% this year compared to 2023. the founder of the american energy institute joined us earlier. >> people are finding out that electric vehicles are more expensive to own than maintenance costs are outpacing that of internal combustion engine cars. the values are dropping ten times faster than gasoline and diesel-powered cars, and could you imagine going to fill up your car and the station not working? but that's the case. joey: yeah. the study says ev owners are frustrated over erratic charging prices as well as a lack of charging locations. and those are your headlines. will: all right. california leaving. another actor joining a long list of celebrities fleeing the state looking for lower crime and a better quality of life. we'll tell you who it is next. we're officially at wal-mart! and not just this wal mart, in our hometown of rock

. >> i'm jessica schneider at the federal courthouse in washington and this is cnn this just into cnn texas governor greg abbott has requested an investigation into the response from electric companies to hurricane beryl because right now nearly 1.3 million homes and businesses in texas or on day four without power as the heat index is soaring into the triple digits combination that could prove deadly. cnn's stephanie elam is joining us now with the latest stephanie alanah people still have no idea when their power is going to be restored. meantime, they're facing triple-digit heat it is such a dangerous combination. jessica and boris, when you look at this and what we are now understanding is that they're about some 500,000 centerpoint energy customers, homes, and businesses that may not see their power restored until sometime next week. think about it. we talk about the heat index that's how the body experiences air temperature, and humidity. that is a very high number that we're talking about 1.6, i think today is what that indices is standing at. so if you look at this, this is a