dee, thanks, deirdre bosa, out in san francisco. jenny, we have ownership all over the place today. jenny, you own it. >> deirdre really highlighted exactly where we are when she talked about how basically the company swung the pendulum from not caring about profitability of share holders to completely caring about shareholders and profitability in 2022 and brad highlighted that further with him saying, they're going to generate $6 billion -- sorry, $ billion in 2026. so where we are as a shareholder is he bought this two years ago. we're up 240% since we bought it. we know we're not going to get that going forward. but at $9 billion, it's still a 6% free cash flow yield. you take in what deirdre said about the strikes and you need to see them start to get closer to the line of balancing out we want to be super shareholder friendly but also can't cut into the bone, into the meat of this business, and we can't disenfranchise the drivers. we need to see them start coming together on those and be excellent operators. i think we're at a critical time where they're moving into a more bala

deirdre bosa, thank you very much 37. >>> on deck, new problems at boeing and once again involving itserosystems getting set to release numbers and we'll have that story as well as the trade on that as well as two more names ahead. ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible that comcast business mobile ca

deirdre bosa has exclusive reporting for today's tech check.t to hear this. >> this story will never not be interesting and might never end either. here is the latest. adam newman's lawyers sent wework a letter last night saying that his latest venture real estate company called flow global and suggesting that it had financing support from dan love's hedge fund third point for a bid, but said that the letter says that neumann is being shut down by wework itself. i called up third point and they told me the meeting was very preliminary. another source familiar told me that, in fact, it was just one meeting, last fall, between love and neumann and softbank executives there and third point hasn't made any commitment which could mean that the chances of a ne m neumann return aren't imminent but i have a feeling it's not over. >> make it make sense, deirdre. >> i can't. >> listen, i've read books and podcasts about him. i get it but i don't get it. help. >> you know. okay. let me try and help. >> okay. >> so, wework is a company -- i mean, it's the

deirdre bosa, a shoe in for shein. deirdre, thank you. i tried.and boots. we have the action, the story in the trade on the names not in technology set to release their numbers. stick around. ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. >>> we talked about it at the top, got a lot of tech names, apple, in meson and more reporting after the bell today. there's also numbers coming out of non tech. exxonmobil, chevron, crocks and sketchers shoes atlantic. joining us with his trade for today's learning exchange is chris chris auntie, and a icapital managements chief analyst. good to have you on. let's start with

doubling down on ai and will lead the next super cycle rather than get left behind it >> i thought deirdre bosa, just before we came on the air, made a wonderful point that the proof of what this company and amazon and the like, they can innovate and return cash to shareholders and at the same time still get more efficient you just wanted their spending to be more targeted toward what i guess you saw where the puck was going rather than on a moon shot that may pay off being may not, but wasn't a big needle mover for the future >> if you think about it, they're going to spend $20 billion this year on reality labs just to put that in perspective, the market is assigning -- that's $6 in earnings -- the market is assigning a 20 times multiple to the company, effect ichl an imemployed valuation of negative $120 per share for reality labs now i happen to think, as mark said on the call yesterday, there's an emerging synergy between the work they've done in reality labs and what's going on in ai. look at the meta ai glasses, look at how they're leveraging their infrastructure, almost 600,000 h-100 equ

thank you, deirdre bosa. >>> coming up we'll give you a check on the financials and the shares of newnk corp. down another 11% concerns around that bank in particular does it spill over into the regionals overall? we'll discuss right after this giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. nature's bounty hair growth. clinically shown to help grow thicker, fuller hair with just one capsule a day of advanced hair complex. conquer hair thinning... ...and fall in love with your hair all over again. only from nature's bounty. >>> welcome back to "squawk on the street" i'm bertha coombs with your cnbc news update the results are in from the nevada primary while she didn't face any major challengers nikki haley lost with more people choosing to vote for none of t

i'm carl quintanilla with deirdre bosa live at post nine of the new york stock exchange and cnbc's oned have the morning off. s&p all-time high, same story for the dow as nvidia comes in with a stellar quarter we'll talk about it today in addition to the fed speak we'll get this afternoon and tonight. >> yeah. look at that nasdaq up 2.3%. it is just off to the races. we're just 30 minutes into the trading session, here are the movers we are watching nvidia, of course, is the story of the day it is up double digits hitting all-time highs and adding to a more than 250% gain over the last year. we will break down the numbers and what comes next in just a moment meanwhile, check out shares of etsy, one of the biggest laggards on the s&p. guiding for a gross merchandise sales to decline, saying they're off to a, quote, slow start to the year there's the consumer names today. keep an eye on them, shares of keurig, dr pepper and nestle, after weaker sales than expected in some segments at both names. >> as we said busy day for data. existing home sales. for that we get to diana olick. >> hey,

. >> deirdre bosa, appreciate mitt. >>> coming up, we're sticking with earnings.tlae more names reporting after the bell including one that is already, already down 17% so far this year. "the exchange" will be right back. ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. personalized financial advice from ameriprise can do more than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. ♪ (upbeat music) ♪ ( ♪♪ ) constant contact's advanced automation lets you send the ri

deirdre bosa i. if you're trading in tandem, lithium and uranium becoming night and day. lithium, taking uranium and a 60-year high. is the latter at the risk of going bust as well? we'll discuss further ahead. ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business differently. there are some things that work better together. like your workplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach

deirdre bosa, steve kovach, kristina partsinevelos, let's start with you.do we know about altman's ambitions and the price tag he has put on them, or someone has? >> tyler, we know that they are mind-boggling. this is like the moon shot of all moon shots, and 'm going to use google's definition here. a moon shot is something that sounds undoable, but if done, could redefine humanity. that is what sam altman is reportedly looking at. let's start with the number. according to the journal, it could require up to seven trillion dollars. that is seven times the suspected size of chip sales in 2030. it's more than the combined market caps of apple in microsoft. it is 7 million millions written out, 12 zeroes if you are counting. i will put up on the screen for you. we can barely hit it on one screen. the project itself as aimed at reshaping the world's which chip building capacity. altman is going after one of the most complex, geopolitically sensitive and the world. and it's a project record equally complex partnership between openai, chip makers, investors, pow

deirdre bosa is here with the headline that caused the stock to come back to earth, if you can call 17% back to earth. d-bo? >> melissa, i have never seen anything like this. it is wild. lyft on the earnings call just corrected its earnings press release. says that it meant ebitda margin expansion will be 50 basis points, with one zero, not 500 basis points, withtwo zeros. that is a major correction. i just had to go back to the earnings release and check it, like, five times. they did write 500 basis points. like you said, shares went to almost -- up 60% in the afterhours to 15%. only the bright side, they are still up more than 15%, part of that has to do with those improved financials, but not quite as improved as some people might have first thought. we'll continue to listen to that call and bring you more commentary, mel. >> that is fascinating. d d-bo, thank you. obviously, they can't tell that it makes no sense, 500, but -- >> that speaks to david last week, exactly the points he made. machines don't want to say, wait a second, maybe that's a mistake, they read that, and that's w

i can't answer that question. >> deirdre bosa, thank you.not a song. talking wrapping up what happened. including a big presence from hollywood. first, though, reminders ahead to the break, get the best of "squawk box" in our daily podcast. follow squawk pod on your favorite podcast app. we're coming right back. meets 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. awkward question... is there going to be anything left... —left over? —yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower, we get all of our financial questions answered. so you don't have to worry. i guess i'll get the caviar... just kidding. join 18 million americans a

. >> well, it's interesting you bring up alphabet, because there has been -- i mean, deirdre bosa didn excellent job yesterday encapsulating a lot of the concerns out there. they're not as much focused on waymo and/or projects that have yet to generate any return on invested capital. it's much more concern about the core business, and the lack of urgency that some see at alphabet in terms of dealing with generative a.i. moving forward with it. obviously, potentially, disrupting what has been one of the greatest businesses, as i said yesterday, in capitalism that we've ever seen. >> i go to copilot, where i used to go to google search. >> you do? >> every day. i still go to google search. >> we all do, of course. >> but not for something that's complex, because i know it will send me to something that's advertised anyway. >> again, there's a response to all of this, so i don't want to make it seem as though it's a one-sided argument. of course it's not. but there are those who say, look what zuckerberg was able to do at meta because he's the founder and when he says go, they go, and th

uber hitting some all time highs lyft with nice gains as well deirdre bosa is tracking both.over for lyft if a few years. >> even at these levels. we'll talk about that in a moment. talk about the dividend and the mature ration of gig economy companies an interesting move from uber because they've reached gap profitability, generating free cash flow to $3.2 billion in 2023 but it's free cash flow margin is about 9% compared to airbnbs which announced a new $6 billion buyback. its average for last year was more than 40%. we should note that free cash flow doesn't take into compensation for uber last year, that was $1.9 billion. and the operating profit hasn't been strictly fundamental. the core has become profitable. uber holds stakes in several other companies which fluctuate each other and which ieb uber can and has sold off so they may not be in the best position to do a buyback like this but clearly giving the street what it wants and that's worksed out. and they seem to be holding the growth name versus the appeal that has carried it most of the lifetime. as for lyft, the