caroline: coming back down to earth, let's look at twilio.y are doing well on the back of the founder stepping down as ceo, giving up his board seat even. we are going to dig into this with brody for. because investors clearly wanted this. this was an activist who found their moment because jeff lawson finally gave up voting rights. >> when you start a company off, you have these high-powered chairs. jeff's art of the company into thousand eight and those shares expired in 2008. activist investors -- company in 2008 and those shares expired last year. a lot of investors i hear from say they wanted a switch up. i think this was expected. this came sooner than many folks anticipated. ed: jeff lawson out. what do we know about the new ceo that is coming in? >> the thing to know about him is he has pretty much been lawson's right-hand man. he was the cef -- the cfo and let their largest business unit. he is seen as more of a financial operations type, but at the same time, i have seen some folks say, if we wanted a change, why did we go for the n

twilio does say it expects this fourth quarter revenue to exceed its prior guidance.lmost 6%. crowdstrike is higher after being named a top pick by rbc. analysts say cybersecurity spending continues to be a top priority for companies, which allow crowdstrike to continue gaining customers and marketer. that's what you're seeing shares of five and a half percent. last but not least, nvidia it's on the move higher after announcing three new desktop graphics chips with add-ons that not only allow gamers but also computer users in general to make better use of a.i. on their personal computers without having to rely on the cloud and services over the internet. it is the apc everyone keeps talking about. nvidia isn't, alone amd and intel are pushing the new a.i. pc with hopes it will revitalize a pc markets. and for the up over five and a half percent. >> perfect setup. kristina, thank. you will see you soon, kristina partsinevelos. for more on today's and i surge and this news, let's bring in bernstein senior analyst stacy ragson. good to see you back. watch it will stop it

more effort is put into enforcement twilio on illegal animal trafficking is just a serious, but it doesn't seem to such, it's not pursued and prosecuted as often that makes these crimes even more lucrative. the 30s don't have enough specialists to investigate properly. an animals are often rescued when it's too late, as we can you the cloud of leverage the business that they lost, the yellow she's to use to people and she's blind in the wild. she would never be able to deal with her own species. she was raised in captivity, so she's condemned to a life in captivity and go through this with this legal trade mix. can you and many other wild animals like her into products that lose their freedom forever . what's a sad story and many people don't even realize that the trade in exotic animals threatens the biodiversity in the places with those on the most come from. but one man from december community, can you just fight it against the white life tree? the exactly, crease. ambrose is on livestock summit, but he does have the talent for photographing and he wants to use his pictures to show that

more effort is put into enforcement twilio on illegal animal trafficking is just a serious, but it doesn't seem to such, it's not pursued and prosecuted as often that makes these crimes even more lucrative. the 30s don't have enough specialists to investigate properly. an animals are often rescued when it's too late, as we can you the cloud of leverage the fact that they lost the yellow she's to use to people and she's blind in the wild, she would never be able to deal with her own species. she was raised in captivity, so she's condemned to a life in captivity and go through this with this illegal trade makes can you? and many of the wild animals like her into products that lose their freedom forever . what's a sad story? and many people don't even realize that the trade in exotic animals threatens the biodiversity in the places with those on the most come from both what men from december community and can you just fight it against the white life tree exactly, crease. ambrose is on live stroke. summit, but he does have the talent for photographing and he wants to use his pictures to show t

more effort is put into enforcement twilio on illegal animal trafficking is just a serious, but it doesn't seem to such, it's not pursued and prosecuted as often that makes these crimes even more lucrative. the 30s don't have enough specialists to investigate properly. an animals are often rescued when it's too late, as we can you the cloud of leverage the business that they lost the yellow so rather choose to use to people and she's blind in the wild . she would never be able to deal with her own species. she was raised in captivity, so she's condemned to a life in captivity and go through this with this illegal trade mix. can you and many other wild animals like her into products that lose their freedom forever . what's a sad story and many people don't even realize that the trade in exotic animals threatens the biodiversity in the places with those on the most come from but one man from december, community. and can you just fight it against the wide live tree? exactly, crease. ambrose is on live stroke fun, but he does have a talent for photographing, and he wants to use his pictures to

and yet it says we're a divided city, but we haven't previous twilio and couldn't come clinic. so it gives me goosebumps every time. but it gives the hook me thinking this nicely guy. when david bowie arrived in berlin, he was already a superstar. he made the move in search of anonymity and to overcome his good candidates when we recorded the solomon and legend refunds us to use great holes in the summer of 1977. together with producer tony visconti and signed engineer at what maya, who remembers the time funds kept down and we deemed of, i enjoyed working with him in studio and the sun was created in the studio tony visconti while we had us tony visconti and, and tony, i'm us who were both part of the production just to leave him alone for an hour to a good bit. and so to 2 of them went for a walk to know to the wall a line and fully engaged out and sold a couple walking along, holding each other tight small off with a boy, nissan, big 5, inside the but that's what inspired the lyrics. thinking that's how the union spiel here, if it isn't true. we lived here at help stross 155

twitch and unity among the latest, and twilio and match are shaking up their c suites. do all these changes have in common? let's ask diedra bosa. >> there is another headline this morning too. s salesforce is pausing all hiring. there were these hopes, but recent developments like management changes and layoffs suggest that instead of a recovery, we might be seeing a new normal in software. the wall street wisdom is that the 2022 software very much was driven by the fed and interest rates. there are deep fundamental issues at play within the sector at large. this chart shows the revenue rate for a basket of software names, including adobe, snowflake and a bunch of others. it peaked around 2021 at 50%. it's not expected to break 20% in the foreseeable futcher the next few years. so this all suggests this could be more permanent and the mega caps, this is a trend we have followed it for a while, are doing it cheaper and at scale and good enough. and when companies are trying to save dollars, that sometimes works just as well. on the positive side, the software reset may

wh we will talk about departures at jetblue and twilio. >>> and later, we will go washington, d.c.k about the potential for the government shutdown. "squawk box" will be right back. 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 >>> jetblue's ceo robin hayes is stepping down next month. he said the job is taking a toll on his life. he will focus more on his health and well being. the coo joanna geraghty will take over. she has been with jetblue for nearly 20 years. the transition comes as jetblue is trying to acquire spirit airlines. that deal was challenged by the doj last year. the decision by the federal judge is expected in coming weeks. the stock is at 5.48. >>> this is the tra

there wouldn't be twilio mess up of these items. very big brand new 24 hours, 7 they. it will 7, they might by the end of the day, they're very clear or well on the same stop the war in order to release them is not the main voice, the right here from the process. and if this is not the main voice that comes out from the process, so it's, it is very good. it's not very effective. he does one that is right to see the all the just the slow no doubt about who doesn't want them to be reinstalled by the band and they, we are dealing with babies and on to the present then we met and then the then the most oldest but i don't seem as pressure to get to enjoy a very encouraging kind of moment to, to reach the government. we have 3 never seen and all day the protest we all know the right. so that would explain why benjamin netanyahu has seemed largely impervious to these protest into that pressure. it's because the center of gravity of opinion and these really public is in favor of continuing this war unfortunately . so yeah, absolutely. you'll defined a method that will be delay

there wouldn't be twilio and this of the, of these items, very big variety of 24 hours of the interest of they. but by the end of the day, they are very clear or well on the same stop the war in order to release them is not the main voice the right here from the brought this. and if this is not the main voice that comes out comes out from the brought this. so it's, it is very good. it's not very effective. he doesn't want, it is right to see the all the, just the low no doubt about who doesn't want them to be reinstalled, but they were bad then they we are dealing with babies and onto the present. then we met and then the most oldest. but i don't seem as pressure and getting to a very critical moment to to which the government will never sing and to be the protest. israel's military is continuing to expand it some ground operations in gaza, at least 67 palestinians have been killed in the past 24 hours. let's take a closer look at the areas where the troops positioned what it's tanks and troops to present in all these areas. in the north and south of the strip locked in intense baffles

. >> twilio, piper does upgrade to overweight.y out of the woods, but some revenue stabilization going on. >> that's a painful call. obviously, all of us like jeff lawson. one of the great guys in the business. taught me how to code, by the way, and this thing is just dripping with, it does better without lawson. it's painful. it's kind of like patriots do better without belichick. it's painful. but could be true. >> on that theme, some of the layoffs going on in tech, jim. we talked about it yesterday vis-a-vis google. today, b of a comes out and says maybe there are more layoffs to come. you talked a minute ago about how much we applaud our corporates for being so nimble, but b of a's opinion is that the influence of a.i. on your head count is starting to get felt first by the companies who know that dynamic the best. >> i was surprised. those of us who pressured ruth, the unbelievable cfo, moving up in the ladder now, about how their costs are just out of line, she's listening. she's listening. and i think it's really terrific.

check out shares of twilio, the company raises its guidance for the full year and says co-founder andeo jeffrey lawson will be stepping down. the ocisstk up 7.5%. we'll be right back. e you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com >>> welcome back to "squawk on the street." china's stock losing nearly $4 trillion in value since 2 202220 -- 2021 as the company's weight drops to a record low. global investors will continue to reduce their china exposure as part of his ten big predictions for the new year. rasheer sharma joins us now. you don't think they're going to try to stimulate their way out of this? >> well, i think they've played this game, you know, which is a bit of a charade, that they keep telling us they're growing at 5% and if they're growing at 5% the obvious answer is why stimulate or do anything if the economy is growing at 5%. we as investors know that's not the truth. if you look at the revenues of com