we heard jensen huang talking about the hopper infrastructure. the way that if you're putting investment dollars to work, why would you invest into the old computing systems, rather than what's going to power nextgen text knowledge? >> you know, i think we're so early stages of this a.i. revolution, and really, you know from a technological standpoint, how important semiconductors are moving forward. so, i think that ultimately, there is a long runway for this technology. and i think, obviously, nvidia has been the early dominator in this space. but, again, i think that leaves the door open for a lot of fablus companies to come in and the market they haven't been able to touch. they've clearly won the enterprise business but as we evolve to the next phase of this, i think there's opportunity for these next businesses to come in and be successful. >> as we said, nvidia shares are down more than 4.5% in the premarket, nick, thank you for joining us, appreciate the time. >>> a lot more to come here on "worldwide exchange" including the one word inve

>> no. >> then detective hopper asked andy about guns. >> do you go shooting at all? >> shooting?it in six years. >> do you have any handguns? >> no. >> what he did the night before. >> what time did you get off work? >> yesterday got off at 4:00. >> can you walk me through what you occurred from 4:00 yesterday until we showed up at your doorstep this morning? and you were so thrilled to see us. >> andy said he spent the evening and night with his current girlfriend. >> you spent the night at your girlfriends. how long she been there? >> three years. >> they have good security there? >> safe area? >> it's huxley. >> gated to get in? cameras coming in or anything like that? >> no. >> he had spent the night with his current girlfriend at that time and we verified that before he left the office. before he had a chance to make a phone call or anything else. >> at least according to this girlfriend. >> according to the girlfriend, yes. >> that would give him an alibi. whether or not that was preconceived or legitimate, we did not know. >> andy swore detectives would find no evidence ag

and the hopper chip will see decrease. there's a strong report. problem is the expectation is too high but it's become harder for investors. >> investors looking for a reason. we have breaking news we have just learned that chinese president xi jinping is meeting with national security adviser jake sullivan in beijing. this is quite an unexpected development. we know the national security has been on the ground meeting with chinese policymakers, including wang yi, and the outcome is that we would see a leadership taking place between the two leaders in the coming weeks. this is a surprise given that we have the chinese president meeting with the national security adviser. we'll continue to follow that development and we'll bring you that as well with ambassador david adelman. we just wanted to update you on that news as it develops. arjen, bringing you back to the nvidia, what can we expect of the company moving forward? and to what expect did blackwell impact delay around the results? >> yeah, i think the growth rates continue to come down a bit.

many chips are being shipped, total volume, and how that compares to the current gpu on the market, hopper. conference call just started. we'll get you more commentary from ceo jensen huang. ty? >> seema, thank you. let's trade it, until we hear back from seema on the conference call. guy? >> if you want volatility on the back of this, you're very disappointed. the market was expecting a 12% move and you see it here, not doing much of anything. i think there's something for everybody. people will point to the year over year revenue, which is staggering in terms of its growth and other people will point to the sequential sort of flattening of margins, which i think is also pretty interesting. i've said it before, the magnitudes now, i think, of the raises in terms of revenue are getting smaller and smaller on just a percentage basis, and at some point, the market's going to take notice. it's not an indictment of the company. obviously the numbers are staggering. it's an indictment of the valuation. >> you can't keep adding revenue at that kind of rate, right, i mean, the rate they've been d

at the same -- blackwell is many times more performance than hopper, and more performance at a lowerat is number one. the second is supporting air cooling, and so the combination of all of that, you are going to get a pretty large step up. paul: that was the nvidia ceo speaking exclusively to ed ludlow. let's take a look at airline stocks here, and we have shares just turning flat at the moment, negative territory for much of the day. this is after they reported a profit that came in line with estimates. new zealand shares down about 9/10 of 1%. tough trading conditions there. discussing new zealand's earnings a little bit more, we are joined by the ceo, air new zealand, greg, thank you. you expect those to continue into the first half. when do you see things improving? greg: we are hopeful that the second half will be a better call, but for the first half, we expected to be challenging domestically. the fleet challenge will actually go on longer than that, but that will happen when the economy picks up once we get their christmas and into next year. paul: hoping the domestic economy

hopper demand remains strong, and the anticipation for blackwell is incredible. >> well, i guess thatasn't really -- >> they just can't make them fast enough. they're sort of -- there's a hit to gross margins, and that gothed people. but i also think when you have nvidia watch parties, a la, when you have in the premier league, you have these teams that wilf can talk about. i don't know, they're in strange british cities. >> yes. >> what happens is that -- well, there you are. that's a watch party. >> what's good is that what they're watching is us. as in cnbc. i'm happy about that. >> no, and you got -- that is the correct takeaway, of course. but i do think that that, plus the national nvidia day, and how the nation kind of stopped at a certain point, no. i mean, we have to go back to reality, which is that nvidia's a company, and jensen's a man, and they did have some product issues in terms of what i regard as just being, look, we didn't make as many as we'd like. but 2025 will be fine. >> but demand remains unabated, clearly. we've talked about, of course, the continued capex pla

this weekend, according to the travel booking app hopper. good news is, dave, i think you've flown out of there as well. or through there. it can be very foggy, so it is clear. >> you're right. >> other top airports include chicago's o'hare, dallas fort worth, denver and los angeles lax. they're the top five busiest airports. as people head out of town, i think we, you and i have probably both been through most of those, if not all. >> yeah. >> all right. the busy labor day travel period now underway. millions of travelers are hitting the road and getting ready to fly now. >> bay area airports expect today to be their busiest of the weekend. the tsa at sfo expects more than 930,000 passengers through tuesday, and the oakland airport is preparing for more than 200,000 travelers in san jose. more than 22,000 passengers expected to fly today alone. travelers we talked to say they're not worried about the crowds. >> we've never really traveled on labor day by plane. we drive a lot because, you know, we have a lot of family local in texas where w

rock hoppers are native to islands in the indian or south atlantic ocean.little pasco is quite far from home. these are considered one of the rarest penguin species. so it's pretty cool to be seeing it on our screens. now, the president said when pasco was found she presented with her. she was showing with arrested, showing arrested, mauled and that meant that she started her annual feather multiple that had been interrupted. and due to that pascal would not be able to be released into the wild after her rehabilitation. now after her recovery, pasco would likely be transferred to a conservation zoo in singapore to be of app to excuse me to be matched with a male rockhopper penguin. that was previously rehabilitated there. all right. that's going to be all for us here from the newsroom today. thanks so much for joining us on kron. 4 news at noon. i'm stephanie lin >> hey, thanks, stephanie. we have a fun show today on live in the bay. our summer concert series continues with an amazing performance from mighty mystic. plus, some delicious time american cuisin

chemicals and polymers were displayed in the petrochemical and oil products hall. 67 thousand tons of hoppers in the export hall. concentrate cathode iron ore and copper were supplied. the open auction hall also experienced the supply of 20,000 tons of goods. warehouse cars. it will be handed over to the people in the special economic zone of arge bam. the chief of justice of kerman province said: simultaneously with the clearance of these vehicles, legal actions and issues related to the rights and rights of the government and customs will be carried out to clarify the work of the people. until last week, about 75,000 cars were produced and ready to be handed over to the people. people are on the receiving end of these cars. since last years , the cars have been registered and the money has been paid. these are people's cars under the sun it was disappearing there, and this caused people to complain. the discussion of the clearance of these cars started four or five days ago, and in the first place , 10,000 of these cars are supposed to be cleared and explained at the country level by the re

silicon valley hopper is offering free rides select locations through august 31st. those free destinations in cupertino include main street and the sports center. santa clara stops include central park and its accompanying library. the community center there and the youth and teen center. >> coming up next, some of the most goaded words added to the dictionary and we're not going to lie there giving gen z. >> this is current care. and news had in san francisco with the newman. >> all right. we're taking a look back in our archives tonight. kron 4 spoke with the actor and director paul newman about his transition from stage and screen to behind the scenes. these delightful paul newman, of course, was gearing up for the release of his directorial debut. rachel. rachel, 56 years ago on this day in the bay. >> do you intend to continue as a director? it's going to be in and i suppose reason i started directing that it was very, very difficult to find scripts to do as an actor. >> and scripts that i read that i would have said, gee, i would love you know, to have been co

silicon valley hopper is offering free rides to select locations through august 31st. this ride share service provides affordable transportation in cupertino and santa clara at less than $5 arrived, free destinations in cupertino include main street in the sports center. and in santa clara stops include central park and the library. also the community center there and the youth and teen center. >> coming >> a wearable robot suits could soon become reality. find out what helps. you do next. >> the experience of walking around a robot suit is closer to becoming a reality. that's because outdoor brand are terex is partnering with a tech startup called skip to build hiking pants that have a built-in exoskeleton. feel like dan thorn is really gonna like these. these techie trousers have lightweight electric motors at the knees to boost your leg. strength going uphill and absorb step impacts. >> when you're going downhill, get claims they're mogo pants will make hikers feel 30 pounds lighter? the pants are expected to retail for $5,000 and ship in late 2020 a cambridge dicti

in the past when they have moved from one architecture to another , hopper to blackwell, they've onlyee price increases. the one thing is what kind of a price some are they expecting from the blackwell architecture? >> what are you expecting and how big of a sane is it that you have that kind of delay? >> think about it, these chips are getting more complex. every generation has cap more transistors, the complexities growing. i'm not surprised there is some delay and from a pricing perspective, yes, it could command a higher price the question for the companies that are using these chips is do they have to rely on the latest chips for their model training, or can they make software improvements? you are a openai or anthropic, do you continue to rely on nvidia to get the latest and greatest chip, or can you make software improvements drive a model improvement? i think the answer is a bit yes they help a lot in terms of speeding up training, but i do expect down the line there will be software improvements and if they that would put some pressure on nvidia. >> seeking a pressure on nvid

. >> they had the fire department -- >> reporter: john hopper taught social studies and coached threeudents, little by little, to uncover the forgotten history at amache. >> the object was to collect as many stories and primary sources that we could. one suitcase per person -- >> reporter: what started as an oral history project, the only school in grenada, population 400, blossomed into a full-blown museum. >> people started giving us stuff. and our first museum was actually on our campus. >> reporter: the high schoolers became historians, museum guides. >> this is a crib that a baby slept in. and it was donated by the baby who slept in it. >> reporter: together, john and his students took on a monumental task, one the federal government had yet to take on -- to preserve and restore the essence of the camp. >> we mowed. we trimmed trees. we fixed roads. plus we ran the museum. i mean, not many high school projects turn into full taking care of a historic site. >> reporter: they started the amache preservation society. john's students traveled all over colorado, kansas, and oklahoma t

during which absolutely all units of the helicopter, starting from the engine and ending with the hopperse checked. we prepare young people for successful, successful destruction of the orcs who came to our land, as well as regular checks to maintain the level of readiness of crews, flight path... by the way, this is a simulation of flight in the clouds, where there is no visibility, where we are going, when we fly on the instruments, the under-curtain panel will also be performed on the duplicating instruments, this is an additional simulation of failure, failure in the clouds, failure of instruments , so that a person is not afraid, so that he knows what to do, where to look, how to pilot, that is why everyone is afraid when a helicopter comes at them, that is, it is scarier than artillery. a special task is to practice flying at night, it is much more difficult to fly at night, if it is any specific flights, very beautiful, but visual orientation is difficult, because you can't see, you can navigate by some populated areas, lights, and so on, plus, if there are any unusual situations,

greedheads, whore hoppers, pretty good, pillhead fugitive felon.at line, yeah. you know when they come to me is when i'm driving and i have a low threshold of patience as a driver, and i will use them as a salutation to another driver who perhaps -- >> reporter: hey, you who are hopper? >> yeah. that's when they come into my head. then, oh, that's pretty good. i will put that in the book. >> reporter: see, it's always anger. hiaasen writes about a book a year, but "bad monkey" is his first to become a tv show. he is feeling good about it, even though two feature films based on his novels, strip tease and hoot, tanked. do you understand why those movies didn't really make it? >> if i had the subplots, i would have a really hard time adapting. the exciting thing about "bad monkey" is it's a series and you can do more back story, you can do all kinds of things you can't do in a feature film. >> reporter: another thing that's different about "bad monkey" is veteran tv producer bill lawrence. so you are the producer of "ted lasso"? >> i am. >> reporter:

petersburg and the attempted assassination of the hopper left, which we have fortunately, i was, was unsuccessful. and we've seen the series of attacks on the coast bridging crime may have, for example, ukrainian intelligence cheaper down of well he's justified such attacks and he's described these individuals as no civilians. he described them as legitimate targets. of course, we mentioned free gymnast edge and the so protected on the international role, the deliberate targeting on to and this is a war crime now cabinets, so 5, what is your main signing on the latest revelations, but the russian foreign ministry spokesman marie is a heart of that now she's gone as far as to accuse washington of creating the ground for such attacks through massive financing and the uncontrolled supply of weapons. washington has created a terrorist structure and ukraine, the key of regime. it is a machine of murders, bombings, destruction, and terrorist attacks against both political figures and civilians. ukraine often boast about the kind of terror attacks that it's carried off, but when those parts

blackwell is many times more performing than hopper at the same level of power used. that is energy efficiency. more performance with the same amount of power or same performance at a lower power. ed: jensen looks at the energy component through the lens of blackwell's greater efficiency. how do you look at the energy component of accelerated computing? lei: we certainly are very constructive on the energy efficiency of the future of compute, but we also are constructive on the physical instructor aspect of it. when we look at how the data centers will be powered, so much greenfield power is actually needed. we are constructive on the physical aspect of it. if he think about the digital infrastructure, it as leapfrogged the physical infrastructure of many developed nations come and we find many interesting plays there as well. ed: lei, how do you balance all of this? the chaos around nvidia earnings, all of the central bank to speak, all of the economic data in one week? what was that like for you and all the things question your desk? -- all the things crossing your

if we can fill it with hopper chips and they're integrating a chip into china, which is ramping up in second half too. and if customers are going to wait for the black well chip for next year and they preview much of the capital spending into 2025, again, that still seems to be a pretty good setup into growth next year and the debate will move into what can we think about in 2026. are we going to see the return on that. is that going to be able to sustain into 26 and beyond. >> if nvidia has built such a competitive moat around its products and services, is there or should there be a rising tide lifts all boats sort of reaction for other chipmakers, other investors invested in ai? >> as you say, it's so strong particularly in trading. they don't do just chip. they have other things. it's very hard to compete with that. ultimately we spend billions within nvidia. you're not doing that for fun. you're doing that because you're launching some great ai-generated service. you're going to need inferencing, and that's where the opportunity is for everybody else. that may be the amd or other

performance of their efficiency of our next generations up blackwell is many times more performative than hopperf power used and so that is energy efficiency. more performance with the same amount of power or say performs at a lower power. that is number one. the second is using local cooling. we support air cooling, they quickly but they quickly is a lot more energy efficient. the combination of all of that, you're going to get a pretty large step up. quick cement of the are himself. jason wong speaking with ed ludlow. not to some of the other stories making news. burger hathaway has become the u.s. -- first u.s. for two top one endows a market value. warren buffett's conglomerate has rallied this year on strong insurance results are performing the s&p 500 with a 30% gain. bircher joins that exclusive club dominated by tickets including alphabet metta performs and nvidia. the sales force jumped in extended trading after the public reported a strong profit outlook. they see profit exceeding $10 per share for the fiscal year topping estimates. salesforce also announced to the cfo amy weaver was s

. >> the silicon valley hopper is now offering free rides through the month of august in cupertino and santa clara free destinations in cupertino includes main street and the sports center clara, the free stops include central park and its accompanying library. it's community center and also the youth and teen center. >> what would you do for your kids right? >> coming up next, we hear from a bay area dad to whistleblower as he's helping to bring the light to the dangerous content that children are being exposed to on social media. >> plus, shelter animals from chico now in the bay area because of the park fire on stephanie rothman. coming up, we're talking with the east bay shelter, stepping up to help other shelters. as if >> now at 10, 30 lawmakers on capitol hill recently passed a law designed to protect children from dangerous online content content that was found on instagram. a platform owned by silicon valley's meta. the law wouldn't have been proposed if it wasn't for a bay area. dad kron four's vicki liviakis spoke with the medal whistleblower. >> arturo bahar realized there

on that bring in our independent journalist brittany hopper you know americans chief to medication officerncer brown thank you so much for coming on you to it's great to see above. brittany starting with you have known you for a while you were a local reporter in los angeles what you think of the message that democrats right now aren't focusing on the working man in the working class you saw kamala harris ever rally the other day with megan the stallion coming out you think that's the vibe they are going for will they do a pitched direction shift as we get closer to the election. >> for once i think we will agree with katie. liberal journalist always has been and i think she's right though that i think the democratic party is completely changed this isn't the democratic party we know from my parents even though my parents were never democrats but the liberal movement has taken over the democratic party so i do think she is correct they need a shuffle and reshift of what they will do and get these other folks who used about democratically back into their party completely lost in my opinion

tracked from thursday to next wednesday will break records according to the tsa and travel site, hoppert from u.s. airports over the long weekend. >> reporter: a key part of that equation, the price of airfare plummeted, with hopper estimating the average flight is $211. >> it's down 5% from last year and 17% compared to pre-pandemic levels. >> it's not just air travel raising the bar. gas prices averaging $3.35 nationwide are also revving up drivers. >> sunday and monday are going to be the roughest days, especially monday. the interstates and the major metro areas like d.c., new york, los angeles, they're going to be packed in those afternoon hours on labor day itself. >> reporter: when it comes to airports, the busiest, atlanta, chicago, dallas and denver with a three-day weekend, a last chance for families to soak up the summer sun. domestic destinations are outpacing international ones. >> seattle is the top destination. it was number one last year as well. but we have seen a 30% increase in seattle this year. why? it is those alaska cruises. >> reporter: speaking of seattle, sea-t

to put that in perspective you mentioned hopper last year they shipped about 500,000 so this is aboutped last year. we intends to hire significantly. building out at lot of features and offering a service where people can use the hardware without having to buy it. then we're looking at some acquisitions going forward as well. >> strategically when did groq say inference needs to be our focus and how is it helping you get ahead. there's been lots of discussions about start-ups and companies working on training many language models to smaller models. you have a more narrow focus. >> we have focused on inference from the beginning. the reason is training at this point is a well solved problem and we knew it would be. my background i started to google tpu chip. we started with inference because we could train them but couldn't put them in production. with you spend on training you will continue but you will spend 10 to 20 times putting it in production. you make your money with inforensic stands is a scale game is we've been focused on this sense day one. >> there's sort of a relationship

pent up demand for the current model and any delay in blackwell b series will get absorbed by more hopperese companies whether me taxer amazon, me taxer mississippi and google they're all building the infra-shuck turnovers and on nvidia and -- infrastructure and people are listening for this and not being shrugged off and all the things i'm hear asking the delay is more system friendship fur down the down the road, and nvidia has heim to recover. taylor: if i missed the nvidia rally and get in the a, space and i take a look at amd. would you tell me that's a good move or is amd so far behind like everyone else and it's really nvidia versus everyone else or does amd have a shot to close the gap if it only take as couple year s? >> taylor: yeah, taylor, our market indication and intention we built shows the space is growing mid double digits for the half decade and that's longer than that. the acquisitions in software and rock scale manufacturing and developing is a series made and made made is a competitor and it's a slow build. it's such a large install base and we know that all the cloud

backfill some -- they had a minor delay, but they've been able to backfill most or not all of it with hopper. i think revenue should be fine. i think more around commentary, what does this delay actually mean, if anything, as we go into the end of the year and beginning of next year? are there any changes to the roadmap that might influence the trajectory? what does it mean for gross margins as they're maybe shifting the roadmap around? that's more qualitative commentary we may get that may be important and may move the stock one way or the other. the revenue numbers i think will probably be fine. >> so, how do we judge whether this company is simply the first mover by a mile, if not more, or if they really have a moat, because their product is so far superior to everyone else's at this point? >> i think both go hand in hand. you are the first mover, that's what they've been doing. remember, this is not a new thing for nvidia. they've been going down this path for 15 years, if not longer, creating that moat around hardware and systems and everything else. i think that's how they've gotten to

they've had the hopper, which has been hugely successful.ing out, and if then next year they already have the rubin which combines both a cpu and a gpu, so they continue to be way ahead of the competition. and what they produce if is driving the -- produce is driving the ability to create and process these a.i. large learning models faster and faster,s which is how it will adapt. it's going to be able to the handle, you know, the eventual future of conversational a.i. stuart: i've got nvidia at 122, i believe your target price is 170. is that a accurate? >> yes. stuart: by when? >> 12 months from now, about. stuart: we've got to leave it at that because this is a volatile situation. just fascinating to me. 1700 on nvidia sees eve -- ivan. thank you so much. >> thank you. stuart: change the subject for a second. ford motor company says they are ditching their dei policies. is the company saying why? lauren: they're refocusing on merit. they're quitting the controversial social corporate credit system that's called hrc. they will not donate to

that's about 30% cheaper than during the summer according to hopper.abor day but before thanksgiving. >> you're generally going to see much cheaper airfare and hotels and, most importantly, less crowds. ♪ and it's you ♪ >> reporter: indianapolis will also be a popular fall destination as taylor swift brings her "eras" tour to the city in early november. the busiest time to travel this fall, the thursday and friday after labor day, as well as the week of september 8th, while the lightest travel dates will be the week of november 10th, just before the thanksgiving travel rush. now, experts say flexibility is key here when it comes to scoring a travel deal. try to fly midweek and save 30% on airfare, and book morning flights for a lower chance of cancellation, and use apps like sky scanner and google flights to set alerts, so you know when prices drop, and you can jump on it right away. >> whit: okay. we're about to jump on it right after this, all those tips. thank you, alexis. appreciate it. >>> we'll be right back with our "play of the day." >>> we'll

most affect hoppers health and is one really a hold? that's the question the error researchers are trying to answer will be right. that. z's baking the house special. arisa's styling a new look. and steve's filling his biggest order ever. with the first ever comcast business five-year price lock guarantee, these business owners get five years of value on gig speed internet and advanced security. all from the company with 99.9% network reliability. so now they can focus on doing what they do best for the next five years. that's a lot of bread. you got this. the comcast business five-year price lock guarantee. switch today for a limited time. deep breath. cancer is a journey you don't take alone. you did it! our cancer care team works together to care for all that is you. well, here are 4 things you didn't know today. the man drowned in lake tahoe has been identified as a father from san jose search and rescue team pulled. 39 year-old francisco villain. mads recalls body out of the water on the east shore of lake tahoe on saturday, wolf.

the booking site hopper says domestic airfare is expected to average about $240 round trip in septemberhey do believe airfare prices will peak of the second week of december. and however, they do still think that will be lower than a year ago as well. and youtube has announced it will expand its partnership with shopify giving creators access to thousands of new brands to tag in their videos. people watch more than 30 billion hours of shopping related videos on youtube last year. so temps try to capitalize on that. and also tiktok has become a serious e-commerce competitor live from the nasdaq market site. i'm jane king back to james. all right, jane, thank you very much. >> 7, 18 time in a new bill, by the way, to help expedite construction in k through 12 campuses in california has been signed into law. that bill was written by san jose state senator dave court se and it aims to help speed up modernization of public schools when they want to renovate or at new facilities to campuses. now engineers and architects can work with school districts through a single. concurrent contract whic

they produce something called transformer engine for hopper. not apply to gpus and jenson wong and nvidia proven this. charles: not your note, i read another note, i saved it though, i read it a week ago, the cfo with applied materials, said in our discussions with the leading a.i. companies they're telling us that reducing power per operation is more important than increasing operations per second. are you buying into that? if that is the case does it make a challenge for nvidia? >> yes, the tens of billions big tech is spending on a.i., some of that will be redirected in lowering a.i. power consumption. every a.i. investor should have allocation to solving the power consumption issue. timing for that again is blackwell. charles: super micro got slammed this week. hindenburg right, there was a filing overnight, your thoughts on that? >> market has jitters today with super micro, but it goes back to lowering a.i. power consumption. the server makers are in a great position to solve that problem. they can subsequently charge more when their serv

. >> because like a park hopper ticket now is, like almost $200. that's expensive.ut also keep your disney paraphernalia. it could be worth a lot in the future because there are tons of fans, right? yeah. >> that's true. what should i keep specifically? all of it. >> all your, you know, employees that you didn't sell on ebay? i'll be like larry, all of all of my employee of the year plaques that i have. >> yeah. we'll be like, larry, we were just kidding. >> how about your musketeer ears? you know, my plaques will fit in a very small box. >> all right, but still no official word that that is actually the case. aiyuk has been holding in as opposed to holding out. he's at practice but not working out during contract talks. now, yesterday we actually caught a glimpse of aiyuk shaking hands and hugging coach kyle shanahan. and so that suggests all right, maybe there's something to celebrate here. and this is the time of the year the niners traditionally get their extensions done. but this whole situation with brandon aiyuk has really felt like a grind. meanwhile, not ev

other solutions and they'll get more orders and give us border forward looking guidance, and the hopperng with nvidia, all the way back to '94 and announced the split and investors waited for the split to buy up 10. 1010. 120. i'm in the same camp as you. jessica, congratulations and you're off to a fine start. see you again soon. >> thank you. charles: all righty. folks, i want to talk about this story. two headlines and one cautionary tale. this story sun powell filed for chapter 11 bankruptcy protection and ten years ago they were part of a group of solar companies poised to you canner in a era of clean energy. august 26th, 2015, president obama announces increased funding and new financial incentives to help americans get solar and funds included additional $1 billion loan for innovative technologies and it was a juggernaut even before obama and came out as hot ipo and everyone is like solarring will the big thing. went to $85 in 2007 and hype plately fail and faded and stock pluplunged and the obama presidt seizure disorders gave it a new life and threw -- presidency gave it new li

the hopper consumer travel site reports domestic plane tickets this month are down about 6% comparedme time one year ago, and well below pre-pandemic prices. >> i just booked a trip to tampa in two weeks at the end of the month. so super excited for that. got a good price on it actually for booking a few days ago this year. >> on top of that, regular seasonal dip in demand, we're also seeing many airlines have oversupplied. there are more flights available and seats available to book than are needed in the market. >> major airports seeing a big drop in airfare include popular destinations such as orlando and new york city. booking ahead for september and october can save travelers around 30% on plane tickets. the record breaking summer travel season is set to come to a close, with labor day weekend expected to set new highs for popular destinations, according to triple a. seattle is the number one labor day weekend destination, up nearly 30% from last year. overall, domestic travel over labor day weekend will be up 9% compared to last year. the cost to travel domestically is down 2%.

the hopper consumer travel site reports.re down about 6% compared to the same time one year ago, and well below pre-pandemic prices. >> i just booked a trip to tampa in two weeks. at the end of the month, so super excited for that. got a good price on it actually for booking a few days ago this year, on top of that regular seasonal dip in demand, we're also seeing many airlines have oversupplied. >> there are more flights available and seats available to book than are needed in the market. >> major airports see a big drop in airfare, including including popular destinations such as orlando and new york city. booking ahead for september and october travel can save people about 30% on their plane tickets. >> i did 14. now home buyers and sellers are adjusting to new rules that change how realtors get paid. a seller usually pays 5 to 6% of a home's selling price, with half going to the buyer's agent that commission was typically built into the listing price. now, buyers have to sign a contract and negotiate their agent's pay be

when grace hopper pioneered the field of computer science, she created it herself.ssie coleman, the first african-american woman to earn a pilots license didn't wait for an invitation, she soared to new heights on her own. and shirley chisholm. [applause] the first black woman elected to the united states congress understood that the fight she was embarking on would be tough, but she taught us it was the good fight. sonia sotomayor, the first latina to serve an of united states supreme court. [applause] she has always been an ardent supporter of civil-rights. when hillary clinton -- hillary clinton crack to the glass ceiling, she did so because she understood what was at stake for all of us. these women like so many others throughout our history our america. [applause] in this country, we have always been those women in pursuit of the american dream, it promises life, liberty, and the pursuit of happiness for all who dare to reach us. let's be clear, this dream doesn't just happen. it takes work, it takes all of us bending that in the moral universe toward justice.

loves us before jerry retired with abdominal pains, stroke of which will take on a 28th, a seed alexi hopper in next. it's not what we want, so the crowd wants to see it. well for but you know, see obviously had an injury that took him out of the tour for some time and he is struggling to come back to, i guess physically, to his level. i mean, he's such a good player, especially in these conditions. well, how about this from cost of who the and what might go down as one of the points of the tournament, vh. c, the issue to the 3rd round offset. if you can get him on the face in full set, but not before somehow winning this point. and the legion reached the final and 2022. he'll be looking to go one step closer and his pursuit of the grand slam title. the and the women enjoy reading champion, coastal golf continues, have great format, flushing, meadows ashy, eases into the fed run. the american cleaned up a few early mistakes to beat on see that the drum and touch on them are yes, 646 of the will. number 3 will face and then on. so if it's only in a next or defending drum and cup changes the b

amt ringing the "closing bell" and mf international doing the hoppers at the nasdaq. red across the screen as a massive broad selloff rocks investors in the u.s. and around the world. that is the scorecard on wall street. the dow close down more than 1,000 points. let's get to the action, though. welcome to "closing bell." i'm morgan brennan. jon fortt off today. we will be all over the selloff throughout the hour with top market strategists from jpmorgan, wells fargo and morgan stanley, walkings th us throught could come next. we will talk to

don't wait. 1-800- 700 20200 call now mendelson and the phrase battled grace hopper in the phillies forilliam contreras and the brewers take on ellie de la cruz and the reds. it's baseball night in america on fox el year there dudes golf sox, some derby dudes. whoa. they got a freaking bathroom just for doing dude stuff. oh. >> oh, that is not we're pretty universal basic guys september fifth on fox. >> what if you could tackle your dogs itching polishing mushy and low energy with a simple three minute change to their diet? millions of pet parents are raving about dr. marty nature's blend. the breakthrough that's helping dogs act like puppies. again, such a huge difference in her health. more energy, more playful, no more issues. >> he's healthier. he looks better. this is my brain, more energetic dog. i'm dr. marty. i've been a veterinarian for more than 50 years. the dangerous ingredients added to many pet foods could be impacting your dog's lifespan. >> that's why i formulated nature's blend. now you can feed your dog wholesome of real meat, vegetables and fruit with no artificial pr

you know, jensen huang has been telling this for 18 months, and he's laid out, it was h-100, that's hopper, and then next year was blackwell, and the year after that, it was ruben. you can have confidence this was going to happen, that companies were going to continue to upgrade these chips. i just don't believe that, because we didn't see anything about monetization, and if the economy is slowing, these companies are going to have to slow down their capex pretty soon. >> back to the economy slowing, though, that narrative is fueled by that jobs report, right? these are all -- >> isn't that what the fed wanted? isn't that -- >> sure, yeah. >> when we think of the long and variable lags, i think just like the fed was too slow to recognize inflation in 2021, i think they probably should have been -- i know some of you guys disagree, probably cutting a little bit, because as soon as that started to put pressure on the consumer, to steve's point, the savings right started going down, and really consumer credit started going up, that was probably the point in which they should have been worried

and the current chip hopper is still seeing strong demand.e only a quarter or two away from the next generation, blackwell, coming. so that's just a sign of how important this company to the buildout of a.i. across the entire tech industry. >> why do you think the staock s off? it's not off by a lot, 2.5%? >> well, you have to be look, don't forget, earlier this month, had it a 25% drawdown from a high in june of 140. it got down to 100, or 101, it's since recovered a little bit. so you're going to expect volatility in a name like this. and, actually, some -- a downdraft, we looked at that pretty positively. because we'll add to the stock with downdrafts. >> downdrafts of even 2.5%? i think that's the question for investors who already own this stock, what would you tell them to do? for investorss who don't own ths stock and are thinking about jumping in? >>yeah, that's a huge challenge. if you don't own the stock, if you have the patience for that kind of drawdown, you're right, 2.5% isn't enough, that's just noise. but, again, earlier this

the bar hoppers probably looked around and noticed no beer was being sold and promptly left. to them, they enter the most unique venue on the strip that night. one of the experiments that tried to show the evangelical belief that jesus made happy days and happy nights. to these california evangelicals, the day has ended but the nightclubs provided another opportunity. thank you very much. i would be honored to take any questions that we have. or do my best to answer any questions. st to answer any yes? >> did you see any newspaper articles that talked about like homosexual dancing or same-sex dancing? i would think that would cause like a stir in the nightclub, but i don't know if that actually happened because of the environment. >> sure. one of the things that shocked me is that i don't find a lot of what we think of it -- especially the christian right. i don't want to say all evangelicals are part of the christian right. i grew up in the middle of evangelical america, missouri, indiana and whatnot. i looked at some of them to come out and say no same-sex handholding, all

according to hopper, atlanta, chicago and dallas-fort worth will be the busiest airports in the country with each sending out about 9,000 flights. flyers attracted to cheaper airfare down 5% this year. >> you are saving per ticket about $50 compared to what you would have paid labor day weekend of 2015. >> even last-minute bookers can safe if you act fast before prices spike next week before summer's unofficial end. so the best way to save on flights is to leave later and return later. by taking a flight on record and returning on tuesday, that could be the difference of hundreds of dollars now. if you are getting behind the wheel, if you are driving, that's a different story. for instance, this area next friday afternoon could see traffic surge some 40%. >> i could see it bumper to bumper back there. >>> so the big question is how is the weather lacking? >> we are good news and hot news. it is the hotness, especially for our friends in texas and the southwest. 60 million people under heat advisories, heat warnings. if the jet stream, where it dips down, it will be much cooler. reno, ne

the bar hoppers probably looked around and noticed that no beer was being sold. they promptly left. but unbeknownst to them, they had entered. perhaps the strip's most unique venue that night. one of a series of california nightlife experiment that tried to show the evangelical belief that jesus made happy days and happy nights to these california evangelicals. the day that give us the lord might have ended, but the night with his godly nightclubs was another opportunity to praise him. thank you very much. i would be i would be honored to take any questions that we have. or do my best to answer any questions we have. yes. did you see any like newspaper articles that talked about like homosexual role dancing or like same sex dancing? because i would that that would cause like stir in the nightclub. but i don't know if it actually happened because of the environment. sure. one of the shocking things you actually were one of the things that shocked me is that i don't find a lot of what we think about, especially the christian right. i don't want to say that all evangelicals are part of

nvidia has strong demand for their existing architecture called hopper looks like they're likely increasingr until we get them launching a quarter later. sentiment wise, clearly it's impacted the stock. i think the stock is [ inaudible ] one would -- it's been a general reduction of sentiment on the ai space in general people looking at lots of dollars getting spent, where is the return. the sentiment wasn't, you know, quite as supportive as it had been. you have this on top of it which weighs on it. that's kind of what's been going on. structurally i don't know that anything really has changed with nvidia. we've togot a push out. it will be okay. >> demand is demand. what about the stock from the multiple and that and whether t makes it even more compelling, i guess, from the perspective of somebody like yourself. >> yeah. nvidia has never really been that expensive. even at its peak 40 times forward eengs. the sell side for it numbers based on it likely still too low. 40 times about its five-year median or average. it's cheaper now, probably 30 times now. yeah, derisked a little bit going

that's why you see something like grace hopper and grace blackwell.ilt any other way other than with arm. i think that is going to be a tailwind for us in terms of ai data center growth because the customization and power efficiency lends itself well to ai data center. >> rene, you know, on that subject, there are a number of investors at least who start to question how long the growth can continue in terms of the spend we talk about, numbers we've seen never the likes of. you've had a long career and never seen anything like it. a point you think it hits the wall, i don't know if it's 2026 or when it may be or does spend continue unabated for a long period of time? >> yeah. i don't like how long i've been at this but ich i have lean a lot of trends over time. with ai what is driving the spend and why would it continue? one of the things that we have found with these large language models generative ai that require a tremendous amount of compute to get smarter. the smarter they get the more you teeneed to tune the models more compute you need to make

if you look at the travel website hopper, chicago to denver, very cheap, those flights. l.a. trips. los angeles to san francisco. and if you want to get creative and you are right here in new new york on the east coast, reykjavÍk, iceland. really good deals. so i think the bottom line here is finally for the first time since the pandemic, the last-minute trip will not cost an arm and a leg, and you will be able to pull that off. >> i love it. americans traveling. >> thank you, christine. >> americans love to travel. >> thank you. >> thank you. >>> let us get a check of the weather. the travel weather has been iffy over the weekend. >> it has, guys. it will start to wind down and things will be quieter. but an alaska cruise looks good because boy is it hot. we still have heat alerts. these have been up for a while. we still have 31 million people included in that. notice dallas is included with temperatures potentially record breaking in some spots. triple digits on tap or the actual temperatures in houston. notice that heat index value for houston later today, 111 degrees. no

we think that the hopper stuff is going really well for them in the near term.n might be a time to think about investing in the people that are buying the chips from nvidia? as to whether or not that would mean something to their bottom line? >> well, nvidia actually invests in some of their own customers. >> right. >> in terms of investing, you mean in other equities? >> say nvidia is either overblown or fully valued here, and nvidia make as chip. that chip is like an input into the process. somebody's using that chip. they're going to make money with that chip. who's going to make money with the chips nvidia is making? >> well, first, it's going to be the clouds. hyche scalers, meta, microsoft, google, amazon. they are going, they create tools and folks join their clouds and start creating a.i. apps. now, a lot of people, hey, i'm not using it. bored with it. we need to start seeing enterprises lay data on some of the tools these companies have, including their models, and start generating returns. what it's looking like right now is that it helps them cut cos