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tv   Mad Money  CNBC  November 21, 2023 6:00pm-7:00pm EST

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>> guy >> fun show. it was -- we learned a lot today. >> so much >> the commercial breaks tonight were just -- >> off the -- >> okay, guy, get on with it gdx. the minors, the junior ones. >> all right, thank you for watching my mission is simple. to make you money. i'm here to level the playing field for all investors. i will make you money. mad money starts now. >> hey, welcome to mad money. i'm trying to make a little money. sometimes we get a piece of research that i like so much. today the dow is tipping fix and i found a status report
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titled u.s. equities strategy one year ahead. for the s&p 500. i like this piece very much. at this time of year, you get a lot of reflective pieces about what can happen next year. with the price target for the s&p 500. some of that is because it is so easy. i know that you can get it wrong. nobody blames you. ever since the.com collapse it has never paid to stick your neck out. maybe i'm a glutton for punishment. beyond public scrutiny, maybe i'm being too positive. this could be a fireable
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offense. right now, in particular, there is the interest in the national debt that will shackle your grandchildren. this birthday cake looked like it was firebombed. running his campaign from a courtroom or worse. it does not make for optimists. it is nonexistent for media commentators. giving you a fantastic outlook. they are people hat want to find things wrong. the thesis is that we have a stock holder's paradise coming. we might get away from the gangsters paradise of the ten- year tierney. we care about the rates set by
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the market and the long-range set by the federal reserve. we have a market where all stacks go together and it is the orchestra conducted by the long end of it. rates peaking a few weeks ago upwardly in the market. breath taking news. this is the stock pickers market. >> the house of pleasure. >> think about the last couple weeks of retail. target, macy's, burlington. they were underestimating the actual numbers which are not horrible. first you need to know what wall street was looking out from these scores. the results would be better than the estimates. third, you have to figure out what wall street will pay for that deferential.
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if you got it right, i you made -- the reasons why the s&p 500 can go to 000. i want to walk you through that. the piece articulated so well. first, he talks about how there are too many skunks at the garden party. a lot of bears without provision. they are negative. they want to morph into bowls if they get a chance. this is what happens at the end of a big decline. the goldilocks economy. ideal. wage gains to offset higher margins. i'm not really buying this one. we don't have much inflation. that will cause the fed did not raise rates. the max amount of money will be when the fed stopped hiking
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ended 2024 they start cutting rates. okay growth with declining inflation. that's good enough to get us to to 5000. corporate profits can continue. that is partially true. so much is not related to the border economy. you have to avoid the industrials if you are right. fact of life, not everything goes up at once. she likes what happens with election year. it could hurt healthcare. sorry, i'm not buying this one either. there is no consensus on anything i watch. nothing bipartisan ranks. as we know, nothing getting done from washington is actually good news from the stock market that likes to gridlock. it is nothing good for the stock market when the president
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walks the picket line. this does not make for higher stock prices. the party of labor and not capital. they don't care about the stock market. republicans are out of power. you don't lift a finger to make things easier for the economy. i don't see either economy doing much to bolster stocks. this is a catchall topic about advantages. with wealth transfer from boomers to the kids. none of that is wrong. not what i have to give to my kids. i don't think these have a lot of octane. you know what, i can just say that most people are pretty convinced that nothing good can happen from here.
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it might be the other 493 stocks. mergers would be the lifeblood. the bottom line, let me close out. at bank of america, you go to 5000 for the s&p. what can get us there, at least for now. stephen california. >> jim, how are you. you look so happy and you sounded so happy because of the win last night. >> sometimes, you should not let something that you can control make you so happy. that made me very happy and my father very happy. that is what happens in america. >> anyway, my question, it is about ai technology. variate topical subject these
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days. you got me in and video a couple years ago. we liked it for a long time. you got me in. that is historical. it has had a good run. open ai, right now it is capital around 86 billion. who is the next player on the horizon? for another home run like this? any ideas? >> it is something i think about constantly, who will be the next player? i have to tell you, all i can think about is like an arm. one thing i can tell you, that other people criticize. who needs nvidia when we have
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nvidia? >> holy cow, how have you been? >> i have to say this, i love watching you loving what you do. >> thank you. yeah, i'm a little fired up. the thing is, the vacations really wrangle me. >> just putting it out there. my wife does not watch, you sit around and you play word goal. jill, thank heavens for some football games. other than that, what is the point? if they paid you double for vacation. go ahead. >> you don't have to work. you love so much of what you do, that is inspirational. >> the boss is not watching, i need every penny, i'm desperate.
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>> $31 average cost. 16,000 shares, what would you do with uber? >> bye. let's go to texas, austin in pennsylvania. >> boo yah. what about the burst last night? >> my pal, howie roseman. i cannot say enough, i am on a business show, we have to do some work. >> i am looking at arm holdings around 115 and 120. this price is a bit too high right now. >> it is a bit too high. if it goes below 50, you have
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to buy. next year at this time, we will not know the difference. they are a super company and you have a winner. other than it being way too negative, noncommittal about what it gets us. what can investors get from the report? tyson leaving investors with egg on their face. i will tell you on the deep dive into the story. snyder, this could be the way to the investment top brass. stay with cramer. >> do not miss a second of mad money. send jim an email or give us a
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the computer market finally made a comeback. a slight revenue miss in the online earnings. this forecast for 2024. some could say it looked a bit light. let's take a closer look. the president and ceo of hp ink. welcome back to mad money. >> thank you for having us here. >> it's good to see you. maybe i am an op mist. i feel something different.
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the pcs that we bought a couple years ago, they look old and beat up, they are not exciting. you have some new things that will attract my attention. >> really really think the pc market has started to recover. we expect the market to grow in 24 compared to 23. there are big drivers for that. driven by the innovation. first of all, there will be an acceleration of the renewal of pcs. from windows 10 to windows 11 will happen. continued increase driven by innovation and the need for customers to use pcs to communicate. the introduction of ai pcs that will happen at the end of the year. some in 24, more in 25, more in 26. as we have said before, this
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will continue the crew of the pc category starting next year. >> i like my pc. i think it does everything for me that it could, tell me the things it might be able to do that i only dreamed it could do. >> many of the things that you do now, accessing the cloud, for example, you want to combine your private data with complex large language models, you can do it locally without having to go to the cloud. please, provide this analysis if i should invest or not, you will run the analysis for you and provide the report or you and then you can decide whether you want to or not. this is a very exciting time. >> that must cost double or triple the current pc, why
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would i not cost a fortune? >> significantly more expensive. it will grow between five and 10%. the price will be comparable with the additional value that you will be getting. in a new era of what pcs and computers are able to do for you. >> now that i know that, i think it is worth the upgrade. old habits die hard. i have a printer at home. when i read your conference call, it is clear that i am in the minority. people print a little less every year. how is that possible? >> in the print category, there are different segments. some segments where we see decline year-over-year. printing a home. when we see a stable market printing in the office and
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significant growth which is in printing labels, packaging. it is really growing. this makes us believe that the premarket will be stable in the coming years. >> i was very intrigued by the printer at home and the subscription business. it made so much sense to me, the subscription is not going to be all that good. >> the subscription business is a great business. we have more than 13 million subscribers and every month they pay us to print. we are expanding the category. now we have enable all type of cartridges. recently, we introduced paper as a subscription. we reached more than half 1 million subscribers that pay us to get paper. in the coming months, we will
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have the full printer in the subscription. a great business for us and great for our customers. they get much more value in terms of visibility in terms of having their printers working. >> then we basically have a service platform. can i extend it? and get help from hp if i need it? >> it is not only about getting help from hp. we are expanding the platform for additional services. our mission is to offer the food portfolio as a subscription. we will be testing different pcs. we think of subscription because that is the way to go. for many of our customers, they want to buy our products as a subscription. >> i want to know where you stand versus the competition. what will distinguish you from a crowd that you mention the
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other companies, some people think they are the same, i don't think they're the same. >> we are on many fronts. subscription is one of them, there is no other competitor that has the subscription services that we offer. with some of the offers that we have made, these portfolio solutions to allow people to do work from home or really communicate bowls in a connected way. that is a differentiator for us. finally, another big differentiator is for us, security. the most secure printers on the planet. as you know, this is becoming every day more important. >> you have delivered consistently. you will be a coiled spring. we know it is going to happen.
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>> and reconnect him i love having you at the show. thank you. >> same to you. mad money is back after the break. >> coming up, is the sky falling? to see if the stock has anything left, next. >> i joined the investing club because i wanted to get a better understanding of controlling my own money. >> daily access to club meetings. and portfolio alerts. >> whenever he breaks things down, it is super helpful. >> let me teach you the right way to invest.
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gold bond. champion your skin. disappointing numbers here the they rally at some point. looking at a genuine bottom. take tyson foods. lots of beef and chicken. even turkey exposure. parts of its prepared's food business, it is thanksgiving. this is why the stock has been
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an unmitigated disaster. losing half of its value. we tried to figure out why it was doing so badly. it is an inconsistent operator. back then, the cfo had just been arrested for breaking into some random house after getting inebriated during a university of arkansas football game. you get a free pass if your name is tyson. since then, tyson has dropped the ball every turn. the stocks continue to go this way all year. i have not given up on the idea of tyson, if they could get their house in order, it has never seemed safe to recommend the stock. this was until monday of last week. another disappointing quarter. the stock spent the rest of the week roaring fire. that kind of action tells you
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that they finally have a baked into the share price and we can start focusing on the potential pauses. there are some positives here. first you need to know what went wrong with the numbers. the sales are down 2.8% year over-year. broad-based weakness across chicken and prepared foods international. beef is still the largest business. those prices were down 9%. in the prepared foods segment, they were down in the single digits. that is disappointing. the top line was ugly but the bottom line is surprisingly good. beating 5/4. down 70% year-over-year. what matters is how they did
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versus expectation. management emphasized that the company is focused on what it can control. the top priority is making the business more efficient. they are moving the production to more of facial facilities. tyson also rolled out the forecast for the 2024 fiscal years. wall street wanted to see 3% growth. 1.5 billion. they had good numbers from the prepared foods division. with beef they are breaking even at best. if they lose that, problem. i'm not that worried about it. tyson foods has missed numbers for over a year now.
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they are more cautious with error forecast. that is the only way they can go back to beating expectations. they were trying to low blow us. trying to match expectations. profitability for the 2024 fiscal year would be on the back half. worried about rising cattle costs. there was not much to like here. it was 3% in response. totally rational. analyst reactions came out. again, that is totally reasonable. if you dig a little bit more, tyson's dog reversed, 4.65%. pulling back a tiny bit. why? let me get the analogy. the rap about all where he
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starts insulting and self instead of the other guy, and then the other guy blacks out during his turn, what can he say that he did not say already? tyson spelled out all the bad news. there was nothing else for them to say. no reason to get more negative after that. if you will sell in response to the quarter, there is nothing left to sell than those who are smarter than the chickens and the pigs and the cows. they get better every day. it does not hurt that they have a 4.1% divvy up. they have pulled back dramatically from our eyes. the estimates, so far, so good. i would not even think about recommending tyson. they are saying that it is done going down. it is not worth owning. we need something that can
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change the whole narrative. there is a great angle to this story that nobody is talking about, frankly. everyone is terrified of the damage that he will do to the food companies. they take your craving away. not all food companies are created equal. they cause you to lose a massive percent of your body weight, that is everything, including muscle. your doctor will tell you that you must eat more protein so your muscles don't atrophy. if you expect these drugs to have a huge impact on the food industry in the life of the country, they are bad news for most. they are the best news in the world for protein like tyson. i have been nagging on tyson for a long time.
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i suddenly feel good about this one for the first time in ages. the bad news is baked in at this point. the company might be able to start beating the estimates now that the expectations are so low. what a kicker, this is why the stock might be buy. brian. >> thank you and happy thanksgiving to you and everyone on the mad money team. >> this allows me to get a double. do you think all this weight loss stuff will her any of my holdings from last year? >> here is the problem with dominoes. i think you will not be hurt any time soon by the gop's. i happen to like the stock.
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we need to convince the bears on wall street to get bullish. it will take a couple of quarters. it should be going up after that delivery agreement. how about doug in the volunteer state of tennessee? >> good afternoon, mr. craver. >> i have to tell you, nashville , we love nashville so much. it is a successful city. what's up? >> i have a two prong question. a lot of food shares of darling ingredients. a great name for this business. the stock is currently down over 30%. i was wondering if it is advisable to buy some more shares to lower my cost basis.
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is the stock price tied into the price of oil? >> it is. we are seeing some chutes to the numbers that were reported recently. there is sizable insider buying. i say, yes, buying more darling. >> now we go to garden in florida. >> hi, jim. longtime listener. i'm wondering what's going on with alf and the reason i'm asking that, we have a 10 stock market going on right now. the list is being ignored. when will we see a change in a full market? >> alf is up 102% per year. it has attracted some short- sellers. i have been turning them on since the stock was 15. i am a manager and buyer of e.l.f..
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i feel good about tyson for the first time in ages. they might be able to start regularly beating the estimates again. this stock might actually be a buy right here. mad money in my inclusive with snyder. i'm worried about their goals and the future of the company and ceo. what does this mean for the future of economist vehicles. it is going to be this evening's addition of the lightning round. stay with cramer. >> the way that he breaks things down is super helpful. >> joined to get your investment opportunities. ♪♪
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a year and a half lost in the wilderness. will it take to turn the freight market around? maybe we are not quite there yet. a transportation and logistics company. the numbers were not great. fuel costs the entire industry. now, what will it take? is this the last bad quarter? rolling out large scale battery operation with large trucks. the president and ceo of snyder national. welcome to mag mad money. >> if i'm a company and i'm trying to figure out how to get my emissions down by 2040, i
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need the whole scope to work. what is snyder doing so i can get to my goal? >> 1 million miles since june of the zero missions -- that is part of the answer. converting from over the road to inter mobile. the combination of battery electric trucks, to lower overall omissions. >> let's talk about the armored truck trade, there was a period we could not find enough trucks. why would i want a truck from snyder if i have to wait and i have to fill up with 800 miles from the other guys? >> the use case for battery electric is local operations. our charging is at our facility. the feedback on battery electric is through the roof. >> it is quiet.
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it handles terrific and has great acceleration. not a lot of energy loss. motors are right on the wheels. it is easy to drive, once they get there, they don't want to go back to diesel. it is not where we will go cross-country from battery electric. >> we are testing the infrastructure. it is hydrogen, we think that is the answer. for something that could have a broader application. we have something to do there as an industry. >> excellent. i think this route that you have from mexico, this will be big when we are re-shoring for the next decade. >> i think that is one of the best growth opportunities we have as a company. it is lack of reliability.
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they have done the single rail service. and it is fantastic. >> 100% on-time transit. we have something really reliable coming out of mexico. what you are showing is on trend. >> show people water in those trucks. they think we make cars in mexico, there's a lot of stuff that we make in mexico. >> automotive parts. largest commodity across the border. it is a heavy manufacturing base. there is a lot of northbound flow. it is not just finished vehicles. >> we have recommended and made a lot of money for people through this logistics business. i like the logistics business,
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how is it going for you? >> it allows us to extend our reach. without having our truck and driver there. if you can bring technology and you can bring reach. you can solve problems for customers on a broader basis. plus people intensive for us. a great growth portfolio for us. >> i know you are a big believer. contractors are a better indication. you made a major commitment with this. you must believe. >> we are dealing with the backside of all of the excess of the capacity bill, the inventory bill, customers giving their inventories away and that is a sign we will get into the replenishment cycle that we've been lacking for several orders. dedicated contract services. contracts with customers.
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it is more of our future with trucks. >> can you give the name of a client or two that wants to go to the lower missions? >> it is fortune 200 and above. especially scope 3 and transportation. think of leading retailers. consumer product companies, food and beverage, folks like pepsi, procter & gamble, honda, all focused on how to lower missions. >> they read this and they make some calls. it is not all vanilla, there are different flavors, snyder is the one we should go with, because they are committed? >> the first million mile fleet. we learn how to operate it. it is a three-year process for us with infrastructure and charging being the most
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difficult. that is when public and private have to come together for the infrastructure. >> should i be thinking of a football team or a trucking company? >> you are located in green bay wisconsin. >> it is amazing, we can have 78,000 people in the stands for the community. >> if i go there, can i park in your lawn? >> i need to have my taxes paid too. >> scope 3 matters to these big customers, we are back after the break. thank you. >> coming up, pop up those umbrellas then t of your hardest questions. taking on new comers in the
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it is time, it's time for the lightning round. are you ready? i will start with mike in new jersey. mike. >> what's up? >> there's a lot of fake news lately in the stock prices are way down 50%, i want to get your thoughts on it? >> i missed you there.
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look, these are really nice people, i have to be very careful. it is overpriced versus what you get from others. i do not want to recommend. let's go with joey in north carolina. >> hey, long time listener and club member. i want to talk to you about what happened back in february of 2022. what can we do about ford? >> they just had this real nasty labor investigation. it is a wait and see kind of situation. andrew and washington? >> hi, jim, how are you? >> i'm good. >> what is your idea on
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holdings? >> maybe it is time to pull the trigger. the company is moving too much money. hard pass, don't buy. rick and marilyn. >> hey, jim, how are you doing? >> i'm doing good. if you like big one, three and two bit coin. for a while, i liked it. it was premature when you make a lot of money. let's go to john, in texas, john. >> puglia, my friend. what's happening? >> not much. the numbers looked extremely solid across the board. they are aggressively expanding their footprint. what are your thoughts on aso?
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>> disregard this, no matter what they do. the stock is just too low. that is just not what i do. dave in ohio. david? >> hey, what's up my friend. >> puglia to you. what's going on? >> i'm in columbus, ohio, i need your help. >> sure, whatever, man. >> intel is investing $2 billion in chip manufacturing. i'm doing so much to encourage my portfolio. i'm also thinking about nvidia. >> i don't want you to own all three. intel is doing incredibly well. it is good but has also had a
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very big run. i think that's okay. that is the end of the lightning round. >> the lightning round is sponsored by charles schwab. coming up, driverless tech cruising for a bruising. a major self driving player has reached the rumble strips. cramer takes the wheel, next. tomorrow, kick off the day with squawk on the street. >> my haircut? >> freebie, now we get the truth. >> buy one get one. i guarantee it. >> it is a freebie, the logan's
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experience. >> joined the club and i will teach you the right way to invest. humans make deadly mistakes. the machine cannot have three beers and drive under the influence. we have the technology for self driving cars from day one, we would never have people driving cars except for extraordinary circumstances. this is the google self driving platform. and then the ceo considered it. as we go through the twisting seats of san francisco, not
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paying attention to the car. everything like premier buses that would drive on their own. this week, not long after the experiment, they are vehicles were involved in a series of accidents. i don't know whether he is angry or plain disappointed, maybe all three. he emphasized something that he had previously said to me. these vehicles are safer than vehicles driven by humans. a man had been run over the other day by a human driver. that was an unremarkable story, if it was a self driving car, it would be all over the news for days. people do not trust machines. self driving cars might be
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safer. given that gm bought them for over $1 billion. they will lose 2 billion on their investment this year. how much of this setback will cost gm. a $50 billion business by 2030. how much money do they have to lose just to get there? elon musk is a big believer in self driving. there is also many autonomous vehicles in scottsville, arizona. they do not build cars, they just make the self driving technology. you can be like ford with has hands-free driving options, that is a total adjustment to the market. i am rooting for gm to get things back in line. i don't know if they have the
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horses. spend a huge amount of money. something that wall street cannot tolerate even now, they are safer than cars driven by humankind. right here on mad money, i am jim cramer. last call starts now. i am brian sullivan. elon musk is taking aim on a large lawsuit. the investigation. he will join us. no one is buying a home right now. home prices keep going up, how? for how long? shares are surging. the most important stock in the world. targeting the company that can use ai to sell and save lives. the founder of the company is here. you cannot be serious. a new

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