they know american express, they love american express and it was easy was part of the overall relationshipinterested in what you are seeing from a corporate vantage point. corporate travel, not yet coming back. are you hearing? >> that's right. we saw corporate travel reduced materially, down -86%. as everyone got back on the road it is still not back to 2019 levels. my clients, they are beginning to travel some of those customer services, but it's been a slow ramp. it's an exciting growth story in the years ahead. >> a lot of that is technologically driven. i am interested in the talent you have. are you making the most of engineering talent? how does it look like for you? >> you mentioned the cabbage acquisition. we are exciting about the products, tech platform. the people. we had a native, small business product and engineer leaders in industry. excited to bring them into team amex. we have been looking at acquisitions, we will continue to do that. >> thank you for coming in. it american express president of global commercial services. >> terrific interview. boeing has told bloomberg i

at the end of last year, it was the largest owner of american express, bank of america, chevron, coca-cola and paramount global and a couple companies, burlington, northern they would be members of the s&p 500. buffet says this constellation of holdings leaves berkshire more aligned than the case of any u.s. company i say yes to that. it's hard to disagree. we could knit pick some of the individual holdings. paramount seems like a second share company. moody for three years continuing to struggle given the debt is mooted i wish he bought the company that rang the opening bell this morning, s&p global. not a great time in the industry but s&p global did a lot right you know what? paramount pays 3.4% yield and after buffet explained how much money he's made from dividends for decades, maybe there is more to this one that meets the eyes. for moody's you have to remember buffet is a long-term investor he doesn't care about next year or the next few years. in the wake of the financial crisis people are calling the mistake and the stock rallied from the teens late 2008 to an all-time high north

at morgan stanley, you've got it >> love american express 30% of the new spending was millennials and gen-z. they're getting the benefit of higher interest rates. people are traveling, more business travel, more tourist travel that's good for american express. it's a well-run company and the stock is at reasonable multiples. we think it has more to go >> joey, tractor supply, add i'm going to you and not jim on tractor supply he doesn't own it anymore and you do initiated overweight barclays, 254. >> a position in joet since inception. only ten names left that can make that claim. a company with a fantastic balance sheet that's navigated the environment, management has done all of the right things that you want to see done with the balance sheet, maintained strong, positive momentum, and its customer retention is remarkably strong. >> what's the matter with you? how can you be farmer jim and not own tractor supply the greatest disconnect ever >> i have an identity crisis i have people in my firm kicking me in the behind on this one it may reappear. >> you let us know no pressure o

the stock was up go two bucks el on people should buy american express.eat number >> her point is that the jobs number was great, but in aggregate, the consumer is facing tough debt levels, and that's why they downgraded discover >> but i always say, listen, you have to balance the debt levels, yes, and they don't have a strong consumer. you have to balance the debt levels against the job increases, and american express has a lot of cache with people who are younger than people who work on wall street. they should all call their children and see whether they use american express, because there's a new cohort that squeri has got. it's not just the small business person it's how many people take the card that's been lost in the shuffle about worry about debt meantime, if we're really worried about debt, what's jpmorgan doing having this historic run i mean, come on. look at wells fargo, what that stock has done untiin the last weeks, i think the worry about debt should be extend to the banks but forgotten. american express is doing incredibly well. >> is th

ministration. hosp it almost everything on the credit cards, its own national authority, the money of american express, and the lives of you credit soldiers. at this rate, the united states could go to opposite madness, like given father. jess washington is defect in salt and it's prodigious. to protect russian regions, the ground launch small diameter bomb has a range of 150 kilometers, twice the distance of ukraine's current high marsh rocket launchers also supplied by the u. s. the long range missiles are said to be highly accurate and can be fired from hidden positions to avoid detection. washington says they will enable ukraine to attack russian territories, including crimea. the small diameter bomb in the latest ukraine aid package has the potential the target crimea on. is that the intent behind providing a now? so thanks for the question, joe. so, so yes, as part of the usa i package, we will be providing ground launch small diameter bombs to ukraine. this gives them a longer range capability, long range fires capability that will enable them again to conduct operations in defense of their cou

when the americans express their concerns _ the battlefield.e americans express their concerns about - the battlefield. when the americans express their concerns about this . express their concerns about this relationship between russia and china, or the thinking particularly about the ability of the chinese to fill the gap that has been created particularly in respect of the high—tech supplies and things like semi conductors and equipment from nuclear reactors and that sort of thing? i nuclear reactors and that sort of thin ? ~ ., �* , nuclear reactors and that sort of thin? ~ . �*, , nuclear reactors and that sort of thing? i think that's exactly what the 're thing? i think that's exactly what they're worried _ thing? i think that's exactly what they're worried about _ thing? i think that's exactly what they're worried about them - thing? i think that's exactly what they're worried about them i - thing? i think that's exactly what l they're worried about them i think china is quite cynical in the way that he regards russia and deals with russ

liz: let's talk about other names you like like united health group and american express, up about 18%ear, a very nice move here but the fed continuing to hike rates, we know americans have the most amount of household debt on the balance sheet. that they have had possibly on record and where do you see this going? is there the worrisome possibility people will simply not pay off their credit cards? >> it's one reason we like amex, it tends to be held by the upper end of the economics spectrum and people pay more attention to their credit as even inflation and things go on in the economy moves forward, what you are going to see is higher prices leading to higher ticket charges. liz: greater revenue for pavement systems. they are at the higher end of the market so you have lower relative the others. liz: fed funds futures, the area where market people can bet on the odds of what the fed will do at the next meeting this coming march. 27% right now think there will be 50 basis points hike. the rest think it will be 25 basis points. what you think? >> i think they recognize the expenditure

microsoft will begin color coding employee expense reports as part of an agreement with american express as the tech giant announced it is slashing thousands of jobs. the company will integrate the technology into its internal expense system later this year with employees uploading photos and receipts that will be coded as green for automatic approval is recommended and yellow if it needs another look or read if it should be denied. delivery, the latest company, unfortunately to announce job cuts. the food delivery business will/350 jobs focusing on profits and a way to deal with what is a difficult consumer environment now. the ceo said the cuts will affect roles at all levels, though, some employees will be redeployed. caroline: a company used a lot in london over the years. coming, another story we have been covering throughout the day. day two for disney. the battle unwinding. what does it mean for the future of the company? and other entertainment giants? more on that as we had to break. disney is .3% lower after hours. this is bloomberg. i screwed up. mhm. i got us t-mobile home in

at that who complex and 50 to 100 names with rates maybe going higher, i love the action of american express the boring area and then i own -- i bought tesla after earnings and i want to own a ton more of the stock if it continues like this. any pullbacks i'll add to something like that and lastly some of these big cap tech earnings where the earnings are not very good and the market loves them and i'll be paying attention to that and we'll see how they work on pullbacks yet but right now it's pullback time charles: i got to tell you, people making money and big spurts missed out. i think they'll also be trying to get their way in on the pullbacks as well. gary, thanks a lot. always appreciate you and learn something every single time, my man. have a great weekend. >> take care. charles: all right, we'll be right back. ♪ these days, our households depend on the internet more and more. families grow, houses get smarter, and our demands on the internet increase. that's why we just boosted speeds for over 20 million xfinity customers, on us. so you get more of the speed you need for day and nig

is on fire, even during the storm period american express didn't have any bad weather.'t know where they're politic locate, but boy, it was sunny. >> i want to ask you if you think bonds have repriced enough >> yes, i do that's really why we won't down. it wasn't just google dragging everything down. google did catch the ball on things but it was the two-year that really made the week feel like a year. >> german two-year, by the way, guys, this morning, highest since '08. as for -- we mentioned alphabet and microsoft and all the a.i. stuff we waded through during the week, david, but bill gates talks to a german newspaper, reuters wrote it up, and said, this is going to change our lives. the advent of a.i. in language-based search is going to be as significant as the internet itself. >> it's been an interesting week or two, hasn't it? that we've been watching sort of the reaction of course, we've taulked about it, most focused on microsoft. despite what was not a great week in terms of their ability to buy ookts, nonetheless, the stock has been benefitting from the fact

where they say they don't see any kind of recessionary signals >> it's not just american expressg the consumer being resilient and if you look back to history, it shows that consumers keep spending, even though we're seeing the interest on consumer debt rising and consumer debt balances rising and people taking money from something they shouldn't be touching at all because it's for the long term, like their 401(k). so, really the jury is still out in terms of when consumers will actually slow down their spending because of these rate hikes and the increases in the interest they're paying. right now, many are still just spending >> we'll see how long that continues, sharon. pretty amazing look at the consumer and some great advice for people out there, too. sharon epperson. >>> still ahead on "techcheck," the mover of the morning, meta, now at session highs up better than 23% on this huge week of the tech reports we'll get a deep dive on what to expect from the other mega caps with a big evening in store for us as well back in a minute ♪♪ inner voice (kombucha brewer): if i just s

it's been a pretty decent turn around only to lose some momentum you've got shares of american express and caterpillar alongside apple helps to the upside for the dow you've got home depot, honeywell. let's get a check on shares of nordstrom, you can see up d decently the high end department store is target of ryan coen, who is building in the retailer and plans to push for changes at the board of directors level that's according to a report from "the wall street journal. nordstrom stock did hit the highest level since 2016 so, let's head over to chrkrista partsinevelos with a look at what's happening with nasdaq that tech trade is a big focus for investors. >>> as of yesterday's close, the nasdaq is up 16.5% that's the best start of the year since 1975, the year the who split up it's also on a 5-week win streak, so not all bad news. and we haven't seen that kind of action since november 2021 let's talk about those big tech earnings that we had yesterday apple shares are about 3% higher right now, turn around from earlier losses after missing estimates. amazon's aws growth slowed more

american express the other one is not yet open, so that's a very broad based rally you're seeing rights&p 500 is up .82%. right there, at 4,000. the nasdaq composite up better than 1% at 11, 500 and let's have a look at big tech all of them up this morning microsoft, meta, amazon, apple, alphabet to the upside, best gain is microsoft, i'm sorry meta has come back to 1.3% on the upside. >> there's a reason for that we'll get to it in just a bit. stuart: start with berkshire hathaway please. did they report a whopping great loss over the weekend? >> look at the stock it's a $463,000 stock but warren buffett, berkshire hathaway lost almost $23 billion but he says, in his annual letter, that that is 100% misleading, because these are paper losses because of the worst stock market we've seen since the financial crisis, also throw in higher rates and inflation hurting some of the bottom line at some of the companies, but, he says, if you look at the operating earnings, which is the actual income that these companies make from running their businesses, selling stock, berkshire earned a record

i love how he pointed out 1995, he bought coke and american express. they did wonderful for him.e is literally making hundreds of millions of dollars a year in dividends. he point you had out he had a lot lot of mistakes, a lot of flops along the way. a couple of good invests you ride for a long time is so important. he pointed out what charlie monger said on a podcast recently, charlie said secretly find out where you're going to die and just not going there. charles: [laughter]. that's a good one. i saw you reposted table on fed chairs and markets and i did this with a chart but i liked 9 table better. here is the crazy thing, folks, we talk about volcker, volcker, scary, feels like darth vader, right? guess what fed chair had the best return? paul volcker. oh, my goodness! by the way what about helicopter ben? he was accommodative, throwing money out of helicopters, just 4.2% compounded annual growth rate. so i mean, why are we so afraid of paul volcker's impact on the stock market? >> that is a great point. like you said, the dow i found up 15% up on average, annual, most eve

be really important you want companies that are reasonably valued, that -- and both of these, american express and delta trade below what the market is trading at and you look at earnings expectations what is management saying? so amex even on their last call confirmed what they're going to be growing double digits they are in the sweet spot of the premium card business. gen y and z users are using their cards more and more. and as we've seen, people have moved from goods to services they're traveling, they're spending more on entertainment and the interesting part on both, it actually goes to amex and delta. if you look at it, the leisure traveler has really picked up. they didn't really have that precovid that was really being carried by the business traveler. if that happens in addition to the leisure travel, prices are still going up amex makes money as prices are up don't forget, they make their percentage based on charges. trades at 16 times earnings. so if you look at kind of where they're going, it really is in the sweet spot for the next two to three years >> why shrnthouldn't, sarat,

and when we saw some disappointing results from capital one, but we saw great results from american express. so maybe we're just seeing this bifurcation with the u.s. consumer right now again, i think it's important to remember, while we talk about a lot of these layoffs that we've seen over the last couple of months, we also have unemployment at 3.4%, which is a 53-year low. that is the back and forth here. i know we're going to talk about jamie dimon. but just think about seven, eight months ago what he was saying about the economy and what he was saying on the air today. and so it seems like we're going to be having to figure this thing out as we get the data as it's coming out. you know, week after week, month after month. and again, i just can't imagine, though, that we just have a softish landing when it comes to this consumer. because if you're looking at the stuff that we're seeing in that subprime sort of category, it doesn't seem great and i just feel like that it has to kind of work its way into the other parts of the economy and other parts of the consumer. >> the retailers that

earnings rose to $31.8 billion berkshire is in american express and bank of america and coca-cola and moody's and occidental and paramount global. it pushed back on the criticism of the buybacks. you are told that repurchasing are harmful or beneficial to ceos, you are listening to an economic illiterate or a silver tongue demagogue the 92-year-old buffett said at berkshire, there is no finish line berkshire will have a boatload of cash with u.s. treasury bills with the wide array of businesses cash pile at $130 billion at the end of 2022. the fight over the fiscal spending, berkshire offers modest protection from run away inflation, but this is far from perfect. fiscal deficits have consequences >> i see we may be living through some of it right now i don't understand the silver tongue part. the demagogues they sound like economic illi illiterates. >> it is a populist argument >> i hear him say a lot of people -- >> i think you are the minority. >> why silver tongue >> it is something that sounds good to people who are maybe not as -- >> they are not -- it is not a comment on whether

in capital letters only, outrageous respect for african americans is expresseds a black entrepreneur is promised $ 100 billion from the budget in the next couple of years biden, once again reminds us of the main black life matters. i forbade the police to use chokeholds, created a national database. they lawful actions of officers tightened the policy of the use of force, the police tied hand and foot the conclusion that the patrol officers made extremely simple blacks. who is in trouble with the law, it’s better not to touch it once again, the fourth case of a child’s gunshot wound in atlanta over the past 5 days , a bullet hit a ten-year-old boy when he was sleeping in the same area on the playground, two teenagers 12 and 13 years old were shot news, to which atlanta is accustomed to one of the most criminal cities. america's third year in a row, the number of murders breaks records. the locals are tired that one of the districts decided to secede one of the richest and whitest districts of atlanta intends to secede from the city and creates its own administra

letter everything about blacks is exclusively capitalized exorbitant respect for african americans is expressedin dollars to a black entrepreneur out of a budget of $ 100 billion in the next couple of years, biden once again reminds us of the main black life matters, then i forbade the police to use chokeholds, created a national database, they tightened the lawful actions of officers tightened the policy of the use of force, the police were tied up. hands and feet the conclusion that the patrol made is extremely simple blacks who are in trouble with the law once again better not to touch, weight published by ford timed, the fourth case of a gunshot wound to a child in atlanta in the last 5 days in a ten-year-old the boy was hit by a bullet when he was sleeping in the same area on the odessa site , two teenagers 12 and 13 years old were shot dead news to which atlanta is used to being one of the most criminal cities. america's third year in a row, the number of murders breaks records. the locals are so tired that one of the districts decided to secede one of the richest and whitest districts of

institutions that wronged them. 2012, just over a year after being fully operational, they ordered american express subsidiaries to refund $85 million to an estimated quarter million customers for prabtieses including unlawful late fees. they reached a settlement requiring salie me a to pay $60 million for service members. they fined wells fargo $100 million for opening unauthorized accounts and ordered wes wells to refund and estimated $2.5 million in fees acrude. this year they fined bank of america for unlawfully garnishing consumers' accounts. cfpb cracked down to ensure consumers keep their hard-earned money. no other agency fights for consumers like cfpb. it's in wonder wall street hates this agency. since the pass am of dodd frank, wall street and its allies have aimed its fire at cfpb trying over and over to undermine and gut the agency responsible for fighting for main street and consumers. republicans have proposed bill after bail bill to weaken cfpb to take away the effective single director truckture, to put the agency's funding in limbo, in the limbo of congressional appropriations or

the americans have expressed concern in recent days that china could provide arms and ammunition to russiaderlined by president biden as he visited poland today. ourfirst report tonight is from our russia editor steve rosenberg in moscow. to russia's largest football stadium they came in their tens of thousands, not to cheer on their team, but to support their president. from colleges, factories and state enterprises, they had been bussed in specially for a kremlin show, designed to show that russians back president putin and his war in ukraine. irina seems to. "we weren't the ones to start this", irina says. "i trust our president." inside the stadium, the main event. vladimir putin shared the stage with russian soldiers back from ukraine. it was putin who had ordered the full—scale invasion a year ago. from the sound of things, he has no intention of withdrawing his troops. translation: there are battles i going on right now on our historical frontiers, for our people. courageous warriors are fighting, just like the ones that are standing here with us now. they are battling bravely and h

institutions that wronged them. 2012, just over a year after being fully operational, the cfpb ordered american express subsidiaries to refund $85 million to an estimated quarter million customers for illegal credit card practices, including charging unlawfully fees. they reached a settlement requiring sally may to pay $60 million to an estimated 60,000 service members serving our country for overcharging them on student loans. in 2016, the cfpb find wells fargo $100 million for opening unauthorized accounts and ordered them to refund an estimated two and a half million in fees to crude. this year, cfpb fine bank of america $10 million for a lawfully garnishing consumer accounts. one financial institutions illegally to consumers hard earned money through a lawful late fees there too high interest rates and unauthorized fees, through improper garnishment, the cfpb crackdown and ensure that consumers kept their hard earned money. no other agency fights for consumers like cfpb. it's no wonder wall street hates this agency since the passage of dodd-frank. they have aimed their fire at cfpb, trying over and

american express reports a record number of small businesses launched in the us in the past two yearsay the pandemic gave people a chance to try something they might not have been willing to do. otherwise some tried turning a side gig into a full time job. some because they had few options after they were laid off and shopping, small and local became a trend. we're doing when we choose local is we're reinvesting in our local community. and so the figures show that just even two and three times recirculating those dollars really strengthens in economy. an american express small business consultant, says now is the easiest times than ever to start a small business. but he also adds, it's never been more difficult to maintain a small business, and he predicts the biggest challenge this year will be cash flow because of inflation. you know, that is 6 18 salads back. you've been really busy this morning, a lot happening in our commute. a lot of people are you know, i was gonna say delayed and contra costa county. let's take a look at highway 24. i noticed . a lot of people are finally here

the suspicion of the american side was expressed by secretary of state antonin, damn it, he said that he discussed this topic with chinese foreign minister ivan and on the sidelines of the security conference after the sentences. known to be blinkin, by essentially threatened a chinese colleague with severe consequences in the event that china provides assistance to russia, we are extremely concerned that china is now considering the possibility of providing lethal assistance to russia and i have made it clear that this will have serious consequences in our relations, by the way, linkin ivan and met for the first time since the pentagon shot down a chinese eros balloon in the skies over the states, incidents of espionage allegations added to tensions between the two countries blinken canceled a planned visit to beijing at that time here is the first meeting with a chinese colleague on neutral territory for detente. didn't bring it at all. exactly 85 years ago completed the work. the first in the world, scientific research, drifting station, a group of scientists led by ivan papanin sp

i think many american politicians have expressed their opposition to such close ties for strategic reasons. the americans have a way of leaning on germany and in the end germany gave in. so this is exactly what they were trying to achieve. and we've seen that at least some people are speaking about this and acknowledge, and the fact that there could be a reason behind that that this could be the united states who are behind this, according to see more hers and the facts that he provides. and there's a long list of details there are in that original article. so it's hard to argue, really know, marina for you and i. it's something that we have known for a long time, nordstrom to nordstrom, to north stream. but for those who might not know a bit about the background, can you give us a little bit more about that and also about the revelations now that they have come to light? absolutely, so this is all about the noise from one and norsen to gas pipelines which were blown up. and there was this article by few more curse where he is quoted as source . would that right knowledge of the operationa

steve at american express was the greatest conference call he said people are really -- >> we'll talk to him in the 10:00 a.m. >> i know. i told him -- i said how could you not come on? my conference call >> you could have a break. come on. son of a -- whatever i like him most of the calls were f-box when he was at golden. now it's hey, how is it going? >> hertz was a beat. u.s. transactions up one pricing a beat let's get to the opening bell and the cnbc realtime exchange at the board, spice company mccormick. >> they had a quarter that was very suboptimal. the stock has a 10%-year-old it's almost at its low they had raw cost problems if you get raw cost problems unsolved, they is a big question they had supply chain problems a lot of companies have supply chain problems everybody is shocked >> the nasdaq, deloitte product of audit consulting and tax services on the meme stuff we mentioned, bed bath & beyond doubling yesterday on the news of this equity raise i couldn't tell if you were being sarcastic on twitter when you said it was brilliant. >> i've been saying when the meme guys

advertising oriented but they have great franchises i'm questioning whether, when i look at american express'srs, and the go out, particularly of this cohort that was gaming, and how much they're spending on restaurants, we've got great data from steve squerry. they ain't playing games they're going out and having cocktails. >> take a look at brinker today. almost to $41. the maggiano's comps, 21.5 >> we got to talk to them. >> 21.5. >> why don't i have them on tonight? i couldn't believe it. i went to moog moaggiano's and s empty, but that was another lifetime ago >> it was. >> chili's up. >> they have good fries. >> pretty amazing. meantime, macao revenue, up 82 in january las vegas sands, a year and a half high. >> people are going -- it's still -- david, i try to say this to you, but your level of cynicism always shocks me. people are glad to be alive, and they want to see the world before they perish they want to do things >> that's a -- that's good advice >> life's too short. >> good advice from a man who wears a tie more or less every waking moment. >> i didn't say i'm part of this worl

we got that from american express. all of these companies are suffering. tell you that console sales -- >> your life is short thesis has been playing out >> life is short per share >> speaking of companies going public, private, back and forth, jim, this "journal" piece about restaurants exploring the ipo market they do mention panera they mention fogo de chao, one area where the economy has not disappointed >> both of those companies are companies where the ceos felt they were radically undervalued. panera obviously had a hostile going there. these companies that were undervalued, and now we want to come public because we got a good chance. i don't know i mean, this is an atmosphere that does favor restaurants, but i remember fogo, if anyone remembers that deal, it came public and you went to a fogo and you loved it, and then they felt they were -- just didn't get appreciation they just did not get the appreciation they need no love. >> harvey schwartz, you know this guy at all? >> we should go there. >> let's go there. harvey schwartz is now the incoming

rise in rates and of, obviously, inflation, we're monitoring that really closely >> you cover american expressthere's been some talk that that's the way to maybe have it both ways, where you have the higher incomes, more spending volumes, lots of travel come back, and yet maybe less risk of credit loss down the road. does it make sense at this point? >> absolutely. amex is one of our favorite names, one of the best-performing stocks in our coverage in the last two years they took advantage of the pandemic to really embrace that affluent consumer base, so their chargeoff levels are still hovering only around 1%, and they have already guided that in 2023, they expect them to stay well below where they were pre-pandemic and you're seeing, still, all the recovery in travel their volumes were up 15%. visa and mastercard is only up about 8% of 9% >> what to you look at in terms of overall transaction activity? is it migration from more debit volume to credit as a macro signal at this point, what's relevant? >> so, with them, it's the overall number that really matters, because they are such a divers

what i'm finding so much, david, is if you're going out, that's a winner look at the stock of american expresss you mentioned bed bath & beyond. i had don whit on, his company is the largest in the country, and they just basically said, they expected bankruptcy of bed bath i don't want to do -- i don't want to be in these stores i don't want to go to dollar general. i don't want to go to bath & bodyworks. these are not what people are doing. carl, there is a real -- there's -- run from the mall >> you're still talking about an up 7%, you know, compounded annual growth rate, jim. >> they're making so much less >> $200 million in cost savings, by the way, as well, as part of the plan there >> well, good. i'd rather be in walmart >> all right >> whether it's walmart, home depot, tjx, bed bath today now, or bath & bodyworks, and dillard's, jim, the guidance out of retail this week has been fairly negative, and it does bring us to what target's going to say on tuesday. >> i know. i mean, i think target, at least the stock has been -- it's ready for a not-great number i know that the apparel part of

holdings, he's been known to do this on "mad money," spends a lot of time talking about how american expressnd coca-cola are winners because they buy back stock, because of the dividends, but the actual portfolio, occident occidental petroleum, spends a lot of time talking about, don't look at my operating look at what i've done with these companies, and the companies are so disparate there is no theme, other than the fact that it's -- he's the largest owner of them. there's a lot of -- i don't know, when i read it, i'm not saying it was wistful. i am saying that he himself is saying, listen, we're going to be pithy we have maxims, but we are furious at those who are against buybacks because buybacks have meant so much for shareholders, and i thought that was very well reasoned and i wish that the people who have been anti-buyback would read it, and i think they would change their mind >> you think he should have called out the president by name you think that's who he was talking about? >> elizabeth warren, the president? yes. she called out by name he spends a lot of time talking about the

between germany but also most of the countries of western and eastern europe i think many american politicians have expressed rejection of such close ties for strategic reasons, the situation with the supply of weapons to ukraine is of course connected, but these are different cases and my opinion on these two situations is that the americans have a heavy elbow that they put on germany and in in the end. germany obeyed. well, you know what i thought when i heard that they put a heavy one on germany, alas. it's obvious don't ask for an elbow. well, i would probably start with the same, how did you start the transfer about banditry. and, uh, i would go to the performance. here is a gentleman. uh from germany regarding what is really uh action on the part of the united states regarding northern flows. it was above all they, i have no doubt that the americans had a hand in disrupting those deep economic ties that began to develop between russia and germany for thousands of years since the late nineties. that is, in fact, the union is a possible union , it is the economic union between germany and russia that cou

sprinkled yes, i said that it was owned, and even though you are for the dishes, it is really american, but he expressed of current russia, because putin is the same scratcher, because if you present it taking putin out of this construction. how did you say that the mountain of skulls means that the crowning power of him is the power that crowns him, and that's me. she acts, the whole structure crumbles because there will be no war in the first place. and why fight if there is no ordinary putin? and no the next one, and he is still in the eighth place so that you are not a fool, for example, eh, hm dynastic , this is the continuation of the patrol, the patrolman has his own dynasty and his own vision, but the most interesting thing is that i see that the walkie-talkies of all patrolmen are beginning to push a little into some other environment takes into account, so to speak, the appetites of the secretary of the russian council of security . of the american war in vietnam and that's how he publishes that it turns out that the americans were blown up . these are the most north stream-2. well, this was t

stories i'm getting from chipotle, from brinker, a restaurant where the people are going out, american expressthey're not spending on goods, which was the affirm problem, and the layoffs, they don't stop i mean, every day there's layoffs. so you have to wonder whether the fed doesn't say, you know what, that number, that 500,000 number, maybe that's the last of the really aggressive, unbelievable numbers so i think the bull market is here i think the fact that stocks go up on good news, which is not the case during 2022, is behind us, and i like what i see. i think people should be buying the market on every one of these dips the fed is going to win. it may not know that it's winning. >> wow hey, jim, it's david i wanted to come back to salesforce for a second because we've, obviously, spent a lot of time on disney and talked about succession with bob iger it was a point of contention between him and peltz. peltz was critical of succession the process there. obviously, the failure of finding bob's original successor. what about benioff my sense is loeb is probably fairly constructive with beni

booking, what is going on i mean, who's not spending who's not out there having a great time american expressumbers, really good domino's, they didn't have a good month >> concert revenue at livenation is up almost 70% >> even wants front-row seats. the number -- the people going to concerts, but this still is a function of -- well, i loved it when andrew called it the yolo economy. people want to go out, and they're not stopping, and maybe they won't stop until they lose their darn job >> sounds like you would be willing to accept a 50-basis-point meeting if the point is to get to the terminal. >> amen. >> you sound like bullard now. >> fed officials can go say, i'm going to watch "the last of us" and switch to "your honor" and i've got a lot of new shows coming stop talking they're all a bunch of babbits those were horrible books, by the way, and what a hack he was, but i just look at the stuff and i think, guys, yeah, i get it. it was too strong. what do you want you want to try to get people more worried i mean, as it is, we're going to have some serious layoffs in silicon valley by the w

it is twofold that the americans are following the world regarding the freedom of expression and the free flow of information within their own soil . and it had its roots that the american people felt that it was propaganda america's media propaganda machines or afshan must know a little bit about the rest of the world , the big hawks who started with the governments and then give an image of themselves to the people. for example, if in the territory of the islamic republic of iran, an american messenger of the american network teaches how to make weapons of war , and they say that you will counter the insecurity and social riots, the freedom of expression of the chinese video software is in their country, they will pass a law strictly. they give ultimatums and don't allow that this freedom of expression and free flow of information happened, the end of this interesting point in the news, in the reactions that the world gave to this , i was looking at the american and european bases of roy software at the moment. the phone must be on the mobile phone. government ids are good. estimate

i see the american understanding of freedom of expression as much more logical, more implementable, more understanding towards minorities, especially religious or regarding race. but i see many times sweet saying why it's freedom of expression. there's nothing we can do about. of course, there's something you can do about it if someone's burning a holy book, and that is appending to 1000000000 people across the when we're talking about 25 percent the global population. i think there's something i think there's some freedoms that some people can do without, and i think that's far from expressing anything of value it's expressing hey, this is how the turks understand it. there is most recent polls show a 92 percent negative sentiment. now towards sweden, nato accession bid. i think that's a tremendous, overwhelming amount of the turkish population showing a negative sentiment towards sweden succession. but this is quite unprecedented because normally we would never see this many everyday turks care about another countries natal accession bit. but at the end of the day, 92 percent, that's a

social media platforms are increasingly the place americans go to express their views, debate issues and data news and information. these platforms are the virtual town square. however, many social media platforms are under the control of people who are hostile to the fundamental american principles of free speech and expression protected in the u.s. constitution. we witness big tech autocrats wield their unchecked power to suppress the speech of americans to promote the preferred political pain is. twitter was once one of these platforms. until elon musk purchased the company a few months ago. mr. musk has pledged to end censorship. is pledged to allow america's voices be heard, not squashed. in this hearing we will examine the actions taken by twitter prior to his ownership. many of these actions were ferreted out by the witnesses before us today. prior to mr. musk takeover of the company twitter aggressively suppress conservative elected officials to an activist includes shadow banning, , lockg accounts and banning accounts altogether. in fact, twitter's previous management team de