he did not end up succeeding him because bob iger did not want to go anywhere. staggs and his counterpart have been -- at one point time he thought he would be succeeding him. bob is basically saying, let me do what i am doing because we have a plan and have already added recently. proposing board members that he thinks would join. he things his candidate are fine. caroline: we'll keep an eye on the comings and goings. meanwhile, looking at the intricacies of what this means for a business case and how it fits into the consolidation that we anticipate for 2024. lucas made that point that a lot of the work that bob iger has been doing seems to be in-line with what activists are wanting. eliminating costs. what more could investors want right now? >> he has done a lot of things that the investors wanted. as far as expenses, they brought down content rinses to 25 billion. the biggest take away from the latest earnings call was that they are getting their free cash flow to pre-pandemic levels. they are restoring the dividends. there is a lot that they are doing, but

. >> bob iger is a phenomenal executive.e led that company through so many cycles and is a gifted leader so it is a great pleasure to work for them but it is not for me to judge. jon: james gorman speaking earlier with sonali about bob iger. disney and focus today after winning the support of a key shareholder in its battle with activist nelson peltz, bob iger working out that deal with another activists investor. disney and exchange will share information and meet with value act. another investor, blackwell capital, supporting three directors who would champion bob iger's strategy for the company going forward. ed ludlow joining us to put all the pieces together. i'm sure this is a great disney plus original series here that could be in the works down the road from all this back and forth. walk us through these chess moves. ed: iger has the support. they put out a joint statement in which they basically said at a time where the big tech companies are coming for media companies, disney is best placed to leave the industry. w

bob iger has not had a great hero's welcome. he readies any for many years, tremendous growth. ack in 2019. picks bob chapek had ill-fated run as ceo. iger coming back thinking he will get a hero's welcome. i think we should show a two-year chart. that says it all. bob iger has not returned this company -- liz: came back in november of -- >> 2021. excuse me. 2022. liz: 2022. >> we can show a one-year chart. they have not exactly knocked it out of the park. we should point out that the s&p is way up. liz: that is a 10-year chart. here is a two-year. >> the s&p has done pretty well over the last two years, right? liz: last year alone the s&p was up -- >> bob iger, made according to the filing today over $30 million last year. now, here's where it gets really interesting. i've been getting calls for people who work at abc. these people who work in the news division, who claim the following, while he is getting paid extra money, particularly today, that is what touched them off, news of this, what they're saying they have frozen salaries. they have cut, there are no bonuses and they

it does kind of count as a pr win for bob iger.been under pressure since he returned as disney ceo in 2022 at the back end of the year to try to get the company. back on track nelson peltz's succession plan was a disaster. he does not like the strategy. he thinks executives are paid too much. the net result is can these two activists and supportive iger helping put together a board that appeases everyone? guy: what are the chances of success here? what does peltz think in terms of the latest of elements? i see this as being hostile to his view. ed: disney has its board nominations. blackwell is very tiny and small. to put forward three completely separate board nominees. different to those that disney had proposed. i go to the size and scope. in activist battle does having the most shares automatically mean you win? we know that triom and nelsonn -- trion and nelson peltz has a $3 billion taken disney. it suggested is getting increasingly larger. is it enough to appease shareholders outside of those three if a compromise is reached

programming decisions made by bob iger's predecessor.estion now is getting the content that's going to get people -- get audiences out to theaters in the same way that "barbie" did and "oppenheimier" being one of those universal films that helped. bob iger says this is an area he will be focussed to make sure that the films are the kinds of blockbusters that they have traditionally had. and some acknowledgement that maybe some disney films suffered because they were being produced during the pandemic. s >> there's some out there saying maybe a breakup is the way to go. so the fact that's even, you know, not considered implausible tells us about the struggles of that division. in any case, we have a lot of work cut out for them. >> i would just say, kelly, that the movie studio has always been seen as an engine for the rest of the whole company. so the franchises developed for the movies are then exploited across the different platforms, not just disney plus but the theme parks. think how intertwined those businesses are. you go to the th

i do, of course, welcome bob iger to call in. mr. rasulo, i'd like to hear from him mr.erlmutter, of course. but i do point out that mr. iger seems extremely opposed to you, but let the -- if we had a vote here, i think given the total shareholder return, you certainly have a shot. let's leave it at that and see what the opposition says i want to thank you, nelson, for sharing -- for the pictures, of course, at disney world. obviously, you had a good time and for coming on "squawk on the street." it's good to see you >> thanks. jim, david, carl, appreciate it have a great day, guys >> thank you, nelson thank you. >> that does kind of remiddlremind you of what barclay's said yesterday. "we suspect there's significant management attention being diverted towards the proxy battle instead of operations at a time when the company faces strategic decisions. >> yesterday, the stock got hit with a typical wall street view that they're not going to be able to pull it off, and it did sound like something that nelson is not too fond of the underperformance here is stark. let's not m

you heard what bob iger said, disney has led a lot of people down and all of the viewers and childrenoss this great land. do you believe that disney is now leaving the local stuff in the dust? >> i don't know that. they might say they are trying, but i think it is so ingrained there. actually, i was thinking about this today -- quick story, when i was at espn, this was 10-12 years ago. at one point we received cards to put in the little pass we get with security on and off campus. it was about the hispanic initiative and held by the end of the calendar year, they wanted to have a certain number of hispanics. every position across the company. what happened on the production side and all of a sudden, white men who are in positions high up on the shows were all of a sudden pushed aside, sent elsewhere, in the company or out, replaced by all hispanic men. the thing is we all know we want diversity and i believe the vast majority of the people want that. but when you fire somebody because of the color of your skin and to bring in hispanic people in this case actually were not skilled and

including bob iger holds more than $15 million of disney stock. may sound like a lot to retail investors. it is not. these board members are very wealthy. iger is worth a lot of money. they should be more invested in disney stock. disney is up 2%. humana need to defibrillator, it is down 8. 5% off a 52-week lows after the company lowered its adjusted earnings and warned about higher medical costs. the news has had a ripple effect on the rest of the healthcare sector. they are down 2%, sigma down half of one%, unitedhealth group taking it as well, down 2%. joining me to talk -- the question why president biden didn't mention bidenomics in the speech he gave in the last hour. you worked in front of the camera, there were strong economic news that showed jobless claims unexpectedly fell. we are not here to weigh this either way but why didn't he mention bidenomics in the speech today? >> thanks for inviting me. glad you highlighted these numbers. yesterday we had an equally nice upside on retail sales clearly connected to strong labor market easing in

i haven't heard much from bob iger. it's not on my radar. i kind of stayed away. >> kari, if they're looking to do cost cuts, streaming was supposed to be this growth engine for them, how can they do both at the same time? >> they're in the streaming wars and in a lot of wars. since iger came in and iger was a master during the years. it was all of the best of media and entertainment. that group of companies no longer worked together, and he is having difficulty selling any of these pieces at prices he thinks they're worth. they still have espn. they still have abc. yes, you can cut some people and you can cut parts of the streaming universe from disney plus, but they still own disney and disney plus was great for kids, and they should keep that. do they want to compete with netflix? no. what are they going to do about the broadcasting business, with espn? everyone has these questions and they're not answering. >> netflix getting a target raise. josh, you've been watching netflix. is this just still winner takes all when you're talking about

i would think bob iger would not really enjoy right now. how is this all playing out internally? >> yeah, well, it causes major tensions, especially with the pat mccalf fi show. this isn't the only controversy they're experiencing internally. i think what you're seeing is there is a certain type of internet culture where voices like aaron rodgers, the joe rogan types, the elon musk types, they gain so much popularity. if you're a traditional media company, you want to tap into the zeitgeist of what's happening on the internet. of course what we're seeing is it comes with some brand safety risks. you don't want infighting between two different voices in two different shows within your company. for disney and every media company watching this unfolding, you have to figure out wla hat r boundaries are going to be. >> aaron rodgers is paid for these appearances, right? so jimmy kimmel is paid by disney, aaron rodgers is paid by these appearances. that makes it even more different than having a guest on, like our guests are often not paid unless

meaningful interacts with pelts since last february including the sitdown between iger and peltz, bob iger that is, and a november 21st phone call during which disney said peltz offered no new strategic insights as for ceo bob iger, his compensation came out in just under $32 million last year. that's down from nearly $46 million in 2021. >>> bp meantime is appointing interim ceo murray auchincloss as its permanent ceo after the former resigned over past relationships with colleagues. the decision marks the end of a period of uncertainty for the london oil giant that's seen its shares fall more than 16% over the past three months. >>> and a temporary spending bill aimed at preventing a partial u.s. government shutdown set for saturday its first procedural passage was in the senate when the chamber voted -- i'm having trouble reading that -- 68-13 to advance the measure. many lawmakers were absent due to weather it keeps the legislation on track to be approved in time to meet the shutdown deadline and keep the government funded through at least march 1st march 1st, frank i guess we do this

saying blackwells would supportive of ceo bob iger's work.'s. including a former warner brothers executive. founder of taskrabbit and co-founder of the tribeca film festival. blackwells owns a disney stake worth only $5 million. that's right. m, million, not billion there. that's compared to trian stake of about $3 billion and disney the overall market cap of $166 billion. this is an interesting move and seeing how things will shape up, you can bet, mike, getting a lot of back and forth. people taking sides on this battle we've been watching so closely. >> no doubt about it. >>> look at what the market context is for all of that, becky. two-year anniversary of all-time high in s&p 500 around 4800. january 3, 2022. here is the two-year chart. kind of this hammock effect right there. suspended around the 4,800 mark. a little payback for the very, very strong final couple months last year. nine straight up weeks. everybody in every statistical measure saying overbought. crowded stocks mega top of the nasdaq clearly had selling pressure pent up i

. >>> plus, drama at disney a couple nor players joining the board room battle, backing bob iger. should investors cheer or jeer this move? >>> and later, could pharma stocks feel a bee owe tech buying spree? a buzz kill on sofi after a strong finish to 2023. and t-mobile hitting new highs again. how are they dialing up these gains? i'm melissa lee, coming to you live at the nasdaq. on the desk tonight, tim seymour, steve grasso, courtney garcia, and guy adami. we start with a crude awakening. the move coming after the u.s. warned houthi militants against further attacks in the red sea. opec pledging to maintain support of oil prices. the rise in crude helping the energy stocks rally. the sector the best performer today, accounting for 9 of the to 11 stocks in the s&p 500. so, tis this sector about to ge its moment in the sun? guy? >> when you put letters together -- >> acronym? >> thank you, tim. >> words. >> words. >> great place to start. >> and we're going to do that again this year. >> i can't wait. >> what was their name? >> who? >> dawn. >> that was years ago, tim i mean, w

i'll tell you why, bob iger admitted they have forgotten how to tell stories -- can. still own it? >> that's when you buy stuff, when e people realize they need to pivot, and disney is pivoting. and the fact that activist investors like nelson peltz are going in there and say let's focus on cash flow, they had a billion dollar loss, actually $1.8 billion in the second quarter loss on streaming. guess what? now it's only a couple hundred million, so we may actually see that thing start to go positive again. i'm very good with owning disney right here. it is when you buy it, stuart. stuart: whatever you say, firm on disney. >> i actually liked oppenheimer. stuart stouter i thought it was brilliant. >> yeah. and what that guy did and what he went through, it's staggering. but he had this guilty complex, and that's why he went through what he did. stuart: great movie. coming up, critical race theory, even kinder kindergarteners develop racial biases. guarantee we're all over that one. >>> the epstein documents are out. the full report next. ♪ you know what's interesting t

you heard what bob iger said.ney has let a lot of peopledy down, not just shareholders, but all the viewer h lots, all e children across this great land. do you believe that disneychilds is now leaving the woke stuff in the dust? i don't know that it's they might say they're trying, but i think it's so ingrained there. >> you know, i actualls soy i ws thinking about this today. >> quick story, jesse, because thinkingk story,, this is probably ten or 12 years ago, at one point, we received card s to put in the little past that we get in and out securityc about and on and off campus. >> and it was about the hispanic initiativ e and how by the end of that calendar year, they wanted to have a certain number of more was in every position across the company. >> what happened on the production side, pro on the show side, with that, all of a sudden, white men who duside anda suddenwere in positp on sports and are on these shows where all of a sudden pushed aside fans elsewhere in the company or out replacedyr by all hispa

but i understand that the ceo, bob iger, made a ton of money.es fell. $31.6 million total compensation for last year. of that doubled the prior year. he was brought in november of 2022 to fix the company, right? if did he do that? activist investors don't think he did. they're annoyed at the share price in disney, and they didn't get a seat on the company's board. the disney board nominated 12 directors including mary barra, ceo of gm. none of them were nelson peltz or an activist investor. stuart: okay. but bob iger is a liberal democrat. i wonder if he agrees with raising taxes on the rich. [laughter] i'm moving on. i'm not touching that with a 10-foot pole. spirit's stock is off, what's the percentage terms? down another 18%. this has to be because the her ier is with gent blue is dead can. lauren: the best case scenario for spirit is filing for chapter 11. stuart: okay. lauren: exactly. a federal judge says it would harm pages by taking out the cheaper competitor, which is spirit. it was a $3.8 billion deal. it would have made a combined com

bob iger came riding in on the why is horse, everyone cheered. not done well, and now nelson peltz is rattling the sabers. >> yes, this week has been a big one for disney. we had some activist interaction. nelson went off and wanted those e two board seats. we'll see what happens there. but as my colleague howe points out -- jack p.o.w. hoints out, there's a number of challenges facing the companiful it's not only the thing like the marvels movie which was really quite terrible, but, you know, we also have dreaming -- streaming in the background going on. the bright point, of course, is the parks. those are always a nice boost for investors and for, you know, folks that do actually enjoy the disney parks. but, you know, when it comes to some of the fundamentals, i mean, streaming is obviously a big one. we need to keep looking at how that works out. i love the loki show that was on disney+, but it's a tough game, and i don't know their subscriber numbers are exactly where we want to see them. jack: they're way below their target for 2024, right?

it's all been happening on espn which disney ceo bob iger owns.mell called rodgers a whack o for speculating powerful forces are trying to keep a lid on the epstein client list. now we know there is a list and it has been supressed, and famous names like steven hawking, michael jackson and bill clinton keep popping up, aaron rodgers feels vindicated. >> something to do with the epstein list that came out. >> that's supposed to be coming out. >> i have been waiting in my wine cellar. >> there's a lot of people, including jimmy kimmell, really hoping that doesn't happen. >> please! >> jesse: kimmell took that personally and thought rodgers was accusing him oven being on the epstein list. first kimmell threatens lawsuit in a lawsuit then on jimmy kimmell live he came out swinging. >> we learned during covid somehow he knows more about science than scientists. a guy who went to community college then got into cal on a football scholarship and didn't graduate. someone who never spent a minute studying the human body is an expert in the field of immunol

bob iger lining up allies as we he tries to stave off attacks from billionaire capitalist nelson peltse activist hedge fund blackwell capital is proposing three nominees to the does nea board who would champion iger's strategy. bare rack gold speak with key investors to consider a possible takeover of the canadian copper producer. first quantum surging off the back of that news. the company lost half of its value though and this is down to the sudden closure of its mine in pan in a. sources say barracks approached investors late last year. two years in a row now global banks making more money underwriting bonds and providing loans for green projects versus what they earn from financing fossil fuel activity. the world's top lenders generated about $3 billion in fees from green deals. by comparison they brought in less than $2.7 billion from fossil fuel transactions. markets, well, equities, are regionally speaking on the way down. we head to the lunch break in about five minutes. it is energy which is doing rather well. oil rising for a second day here. it's really down again to geopoli

immunity for those types of things if you're not pat mcafee, real quick jamele what is going through bob iger's recruited pat mcafee, these are two of his networks. >> you have to think on some level, there was some of this that he expected. i don't think he expected in this form. he probably did not expect aaron rodgers to single-handedly launch this kind of, de defame one of his biggest personalities of the network, in jimmy kimmel. or however you want to look at it. telling on talent crime, is very frowned upon. what he is hoping is that after this week, this will die down, and aaron rodgers stays a way from jimmy kimmel, in terms of talking about him. this is the last of it, it will run its course and everything will go back as normal as they can be. there is a lot of important precedents, from pete speaking to people who are still there, and former u.s. kia mers. how this plays out, it always does. >> jamele hill, thank you very much for all of that. i should say that cnn reached out from espn to for a statement, we've yet to hear back. >> donald trump isn't the only politicians speaking o

david: you remember when bob iger bought the fox library. advantage because they had such a huge library. they seem to be struggling a little bit right now? michael: originally when the services launched it was a library that brought people there and the original spread it's now flipped in other ways. they have to keep producing originals. people want to go back and see some of the older shows but it's the originals driving people. as much as these other companies apart from netflix says they are going to cut back on spending on programming they do not have a choice compared to netflix and amazon prime they need all of those new shows in order to not only get you there but also to keep you there. >> i want to talk about live sports parade we have the netflix wwe deal yesterday. a lot of people taken by surprise especially by the price tag. you think about the live sports audience and people watching traditional tv and you think about the hysteria over the dolphins chiefs game earlier this month on peacock. i dad was texting me frustrated wit

a little bit more context, one of the other people interviewed yesterday that i interviewed was bob igerid to bob, you know, "you have stopped advertising on x. why?" he said, "look, the comment that elon musk said about what he called the actual truth was something that was upsetting." didn't think it was the right platform for him. i thought elon musk would say he wanted to get bob back. he wanted to get disney back on the platform. here's what he had to say. >> this had been said online. there was all the criticism. there was advertisers leaving. we talked to bob iger today. >> stop. don't advertise. >> you don't want them to advertise? >> no. >> what do you mean? >> if somebody is going to blackmail me with advertising, the money, go [ bleep ] yourself. >> but -- >> go [ bleep ] yourself. is that clear? i hope it is. >> he specifically invoked bob iger's name directly. >> yes. >> start playing the victim, as if they're arbitrarily deciding not to -- >> well -- >> he said that x will collapse, and when it does, it'll be the fault of the advertise rs. >> and the planet will see it's th

for those types of things if you're not pat mcafee, but real quick, jamele, what is going through bob iger'swo of his networks. >>> you have to think on some level there was some of those that he expected. i don't think he expected it in this form. he probably did not expect aaron rodgers to single-handedly launch this kind of defamatory -- to defame one of his biggest personalities on the network, or come close to, and how everyone to look at it. a talent on telegram, as you know in bid networks, is very frowned upon, okay? so i think right now is what he's hoping, is that after this week, it will die down and aaron rodgers stays away from jimmy kimmel so to speak in terms of talking about him that maybe this is the last of it, it will run its course, and everything will sort of go back to as normal as they can. but they're a lot of important presidents that were set here and i know from speaking to people who are still there in former espn or's, i think it will be interesting to see how this plays out, if some similar situation pops up because it almost always does. >> reporter: it probabl

salary package of bob iger. >> he got a raise.hat's true he gets the stock up, he would be very happy. >> you have to account for it now, but it's on the come. but it was twice what he had last year. $31.5 million is what it's valued at. >> probably working harder >> he's working hard maybe harder than he thought he would have to. >> yeah. >> he's got a couple of years to go we'll see. >> remember, this is -- a pprops of the maple bear merging with doordash and uber, this nfl story, keep it alive, david, that disney may be doing some deal with the nfl? or is that just fatuous? >> there are those who try to understand it from the perspective of why the nfl as a league would want to own part of one of its distributors, does that impact its ability to negotiate with other distributors for its product that said, if you can contribute the nfl network instead of cash and get some sort of value in it and then own something there, maybe it makes some sense. these talks overall for a strategic investor in espn do continue i think i've shar

he questions bob iger's leadership and he's not going to let up.factor in nelson's thinking. the thinking is the total share over turn is abysmal. it's hard to argue. remember i said it's hard to argue with certain situations because the numbers are bad? >> yes. >> like empirical i made some bad moves you have to talk about the bad, talk about the 1200% gain in nvidia, this is a bad move for anybody who bought it, including me. they like the independent voices coming in but he doesn't think it's enough. remember he's got $3 billion worth of stock and he's got mr. perlmutter's stock, part of that mr. perlmutter i've known for a long time, he has a big position -- anybody who's happy is brain dead. i'm really happy with the loss, this was a good loss. i don't like the playoffs, i'm going for a draft pick. there's no draft pick if you own disney. you don't get the draft pick. you throw the drink. >> you're talking skin in the game? >> yes. >> by the way, $300,000 does go to charity. you know, the temper drink? >> yes. >> goes to charity. and i underst

tryan pressuring disney to change and value we're fine with disney and supporting ceo bob iger and hiseholder meeting. they include former morgan stanley ceo james gorman and sky box jeremy derrick. black wells capital is swirling. they're nominating directors to run against not disney and iger but the more hostile tryan and nelson peltz and last year that peltz nominated himself and former ceo to the board citing lack of stock performance and stock up 2% over the past year after 1.5 billion loss in the streaming division and underperformance in the movie division. today disney is up just under 1%. a choppy session after the stake steak house parent added two new members for the board. change comes as far of agreement between blumen and star board and boosting the price target from $30 to $28. barclay is lifting from $31 to $27 and they may be encouraged but investors are not and stock is down 2.5%. house speaker mike johnson getting a bird's eye view on the border crisis from eagle pass, texas, in the last few minutes. we're going to take you there and show you the at the president as

bob iger hightailed it quickly. a couple weeks ago, he made headlines telling democrats they should vote for haley. his bottom line message of treating people better is a good one. >> how can you argue? >> pierce always a pleasure to have you visit from your charming little island called england. we were talking about this in the greenroom. unless you pump the brakes on this rhetoric, it is only going to get worse. the problem is, as we show with joy reid, if it is your profit center, racial divisive rhetoric, what are you going to do? >> the irony. i remember after 2016, i was in new york. trump won. it was like a ghost town. everyone was in anaphylactic shot. i went to the knicks came the next night with my son. chris rock, by chance, was next to the table. we got talking. i said, what do you make of the election? he said, whatever, whatever. i said, why do you think trump won and hillary lost? he said, because someone has killed eight people, don't go around constantly saying he has killed nine. i thought it was

he slammed the job done by the current board as well as the c, ceo bob iger. >> last year, he got paid. earnings were down. they missed everything. the stock was down. everything went bad and he got $31.5 million. you know, i don't understand what this board is doing. i don't know what they're there for other than friends of bob. that's what this is all about. just friends of bob. it's a hand-picked group of directors who are not doing their job. >>> apple shares rose 3% on thursday after a bank of america upgraded the stock to buy from neutral. the wall street giant says the a.i. features will drive demand giving the stock target price of 22 $225. >>> youtube has joined netflix in not planning an ad for the apple for the vision pro headset. bloomberg is reporting that spotify is not planning a new apple for the vision pro ahead. february launch. they will have to use a web browser. that is not a massive vote of confidence. i fail to see how the vision pro is going to make a dent or splash here when it comes to revenues. do consumers need the mixed reality headset? >> i think from a pr

as for the high profile proxy battle at disney, he says the tide may be turning in bob iger's favor.after this. >>> welcome back to "the exchange." they call it the consumer electronics show for a reason. it's not just phones and cars being unveiled this year. hair dryers and showerheads are also making an appearance, thanks to the likes of laurial, which just announced a slew of beauty tech products and shares are up more than 20% over the past year as the beauty category remains strong. joining us now is the ceo. nicholas, welcome. >> hello, kelly. very nice being with you. >> without making this too personal, we're curious, this is a water pressure showerhead we understand, and infrared hairdryer, and what else? >> well, we've been here at the cex presenting products for almost ten years now with many awards. today, we unveiled the newest innovation not known is ally pro. it's a revolutionary hairdryer that uses infrared lights instead of heating rods that allows to dry hair 30% faster without damaging the hair, 30% more moisture, and that's very important to us in a more sustaina

remember, bob iger hightailed it quickly and stayed on at least until 2017. made headlines telling democrat they should vote for haley because trump would be so bad. he's kind of all over the place, very transactional. but the bottom line of treating people better is a good one. >> greg: piers, a pleasure to have you visit from the charming little island called england. we were talking about this in the green room, that, unless yoe kind of pump the brakes on thish kind of rhetoric, it's only going to get worse. the proble.m is, as witht joy reid, if it's your profit center, racial divisive rhetoric, what are you going to do? >> piers: for her to talk about crazies, my god, the irony. after 2016 i was in new york and trump won and it was like a ghost town.wn anyone was sort of an i anaphylactic shock. i went the next night with my son, and by chance, chris rock was at the next table. we got the talking. i said, what do you make off election connect and he said it's whatever. i said, why do you think trump won and hillar ty lost?ne if someone's killed eighteo p

oh my gosh another superhero but i mention bob iger sitting wherever the disney headquarters is to beike should reprint a billion dollars are not? i think we should so let's make another marvelul movie. unfortunately a lot of incentive structures are theref for people who are in positions of leadership to contain to do this and that's especially true on my side. jocelyn said she's optimistic in many ways i have a little bit of optimism on the national scale. in arizona and deeply deeply pessimistic because this is a necessary ingredient for winning the republicanpr primary in the state of arizona is to say that 2020 election and now the 2022 election and maybe others were stolen in order to win the republican primary and in some ways politicians are behaving rationally and there's simply going along with an incentive structure and then we get people who you heard from who will continue to be a rage because they hear from people they trust in people they believe that the world is being stolen from them and so then we get voicemails like that in that will be hard to breakout of that cyc

it wants to be in bob iger at disney's position. they know -- look at donald trump's tweet tonight.ter nikki haley donors. they know they have to, at the very least, the sort of on his good side, are not his target. >> they clearly believe they have to play a very careful dance with donald trump. whether people agree with that ethically or morally is a different story. the fact is you saw what he said tonight, he brought up this idea of revenge on nikki haley's donors. some of them have ties directly to donald trump. one of them, named henry kravis, is co-hosting an event in new york in a matter of days. and he was a donor to donald trump's first inaugural campaign. at least that's what i'm seeing, reading through the data. so this is the situation right now for these folks. they're trying to kind of play this balancing act, as donald trump surges, what appears to be on the path to the nomination. and it is interesting, while i say that, we think about there was so much discussion last year for things i've heard, things i've seen, either public statements about wall street executive

business diversity -- business advisory group, and he stayed on much longer that many of the others bob igertailed it quickly stayed on it until 2016 and telling in democs they should vote for haley because trump would be bad and he was transactional but bottom line message of treating people better -- is a good one. let's listen to it. >> how can you argue. pearce always a pleasure -- >> wonderful pob back. >> a little island called england we were talking about this in the green room that you know, you know, unless you kind of pump the brakes on this kind of rhetoric it is only going to get worse and the problem is as we show with reid if it is your profit center racial divisive rhetoric what are you going to do? >> my god the irony, i remember -- after 2016 i was in new york, and trump won and it was leak a ghost town like everyone in in a shock. and i went into the new york knicks next night, with my son, and by chance chris rock was next to a table. we got talking and i said -- what do you make of the election he said whatever, whatever -- i said why do you think trump wanted hilary las

. >> and it's all been happening on espn, which disney ceo bob iger owns. last year, kimmel called rodgers a concussed wacko for speculating that powerful forces are trying to keep a lid on the epstein client list. >> and now that we know that there is a list and it has been suppressed and famous names like stephen hawking, michael jackson, david copperfield and bill clinton keep popping up. >> aaron rodgers feels vindicated. >> so something to do with the epstein list that came out. >> it feels feels like it's close to coming out to and that's supposed to be coming out soon. >> this guy's been waiting here. i've waiting in my wine cellar for whole lot of people, including jimmy kimmel. >> i really hope it is not now, kimmel took that personally and thought rodgers was accusing him of being on the epstein list first. kimmel threatens rodgers with a lawsuit and then on jimmy kimmel live, he came out swinging. we learned during colbert. somehow he knows more about science than scientists. a guy who went to community college then got an account on a football s

bob iger that terrified of his wife t. d he didn't learn fromidback the backlash when he gave snowlv white seven transitioning dwarves. >> in fact, in disney's latest fiscal report, the company admitsates that consumersny a perceptions of our position on matters of public interesdmit present risks to our reputation and brands. in other words, our audienceand. hates us. disney is only slightly ha audiences. >> they enjoyed baker'spular selfieswi tell abc the island gets better reviews at disney d world and it has feweris rides.r that's not true. >> even iger recently admittedso to stockholders that. >> we lost some focus. true, disney is producing end up to make ted kaczynski jealous. >> what disney seems to have decided is more important than their stock price is placating the left against all things fine and good and american, and especially our awful toxic masculinity. >> see, when they started out, the star wars movies were essentially men shooting shr. o tothe >> but who needs that when you can just go to chicago? but

another hedge fund is also proposing three nominees to the disney board who will champion bob iger'segy. bloomberg has learned that very gold spoke with investors to consider a possible takeover of the canadian copper producer. first quantum shares surged as much as 15% on the news. the company has lost half its value after the sudden closure of its mine in panama. the ceo mike bristow approached investors late last year. haidi: take a look at currencies . we are seeing upside in the bloomberg dollar index. 0.25%, inching higher against its g10 fears after the biggest daily jump since march in the tuesday session. we did see that on account of treasuries steepening, the release of minutes from the federal reserve's december meeting adjusting that the narrative could be higher rates for longer. that is adding to more of that persistence of dollar strength. to that end, we are seeing the decline in the aussie dollar at 67.32. a bit of pull back as we have seen that exuberance of iron ore prices going higher, feeding into some china optimism and driving the aussie higher in the past few

. >> i'm not saying to bob iger, who is a green bay fan, a long shot when you're playing in dallas, ising, wow, are we doing badly. i think the opposite. but that stock is doing badly. that's one of the worst stocks i've ever seen. holy cow. >> disney? >> this is one of the reasons why -- why is nelson peltz so upset? someone asked me, why is nelson peltz so upset? i said, how about because the stock does nothing but go down. >> there are some external factors. i know goldman trimmed their domestic box office estimate for the year in part because of the production strike issues. >> but also, i think that there's a sense that disney used to make so-called wholesome movies. those of us who are in the -- like i like the rainbow, i mean, it's more of a rainbow approach now, but there also is a recognition that there are places that don't want what so-called "woke" movies are. i'm not in the generation that says "woke." >> even desantis last night in the debate talked about a so-called woke disney. jim, netflix, i think this is the first peak above 500 -- is it ever? $485? july. above $500

. >> niners, although i think our friend bob iger, jordan love and their d are good.eir year yet. just the cowboys were a bunch of fugazis. >> i have nothing to say. >> you have nothing to say. >> other than the chiefs hat. >> week ten ran out of stuff to talk about. >> i'm an andy reid fan and i wear that hat proudly. >> what's on tonight? >> i'm going to pick the best regional bank. there's been so many and it's a great place to be. you have to be in the right one. you can't be in the wrong one. we'll have the right one. i want the bills sentimentally because i love to see them win a super bowl. but they seem to be on paper a better team than andy reid has. andy reid is a motivator. shawn mcdermott, this is the battle of andy reid and his disciples. >> no wonder they saved that for sunday night. >> yes. >> mcdermott is a great plan too. >> see you tonight. consumer sentiment and existing home sales in a moment. is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio reduces the risk of recurrence of hr-positive,

bob iger said this. nobody else is talking about your tournament like we are on espn.to the promotion. almost creates its own demand. >> i had an opposite take from you, mike. i'm blown away about the money in basketball. in my lifetime, what has gone from you can find the college game here or there. now it is big money. >> fair enough. in real world dollars, it is big. in relative to history, it is big compared to pro sports. >> i watched every championship game. when is the championship? >> next monday night. >> i'm glad to see the agent li athletes get a share. it makes me sad everybody leaves every team. they go to the transfer portal. it is hard to be excited about the team. you get invested with the player and they leave after a year. >> as an economics reporter, the guys from florida state sitting out makes sense. you go in and get an ankle injury and reduce your value by $3 million. as a fan, they are sad to see what happened. >> right. it's hard. >>> okay. let's move on. last night on "last call," brian sullivan talked to the clean energy conference representa

i would say, i'm a fan of bob iger, we upgraded the stock when he came back a year ago.ve different abilities to drive value. it is content. it is m&a decision-making, it is leadership of a diverse set of people. i look at a comp group of people who get paid in the same range, you know, it is in the range of what people get paid. is it too much? >> the stock went down, everything went down, you get $31.5 million, i don't know, seems like an argument to me. >> the argument clearly, look, this has been an underperformer for multiple years, that the company needs to articulate a vision that resonates with the street and that we have not heard yet. >> michael, thank you. >> thank you. >>> up next, a rise of a.i. and what it means for internet stocks. mark mahaney joins us to talk about the possible upside for names like amazon, meta, and more. and at the top of the hour, franklin templeton clients in 160 countries, $1.5 trillion in assets, ceo jenny johnson joins us about the markets, bitcoin etf d chor 'lbeight back. only at vanguard, you're more than just an investor, you'

jonathan: everyone has something to say about bob iger. what is the solution?an: i have not heard one. they seem a bit adrift. if there was a lot of strategic clarity going in his first retirement they knew what they were doing, had a clear plan. now it is kind of all over the place. he is floating ideas left, right, center. he has to reassemble his team of strategic advisory side of the company. that is going to take a bit of time. jonathan: we have asked about the future of espn for a decade. what is the future of espn? brian: i think it is fine for the near term. i worry about this with sports in general. one of the great appeals is everyone watches a little bit of sports. you have a large number of hard-core consumers who will pay a lot of money for it. the business model only works if you get everyone watching a little bit of it, too. advertising money goes in and it makes the economic works -- economics work because of the reach. the way to access content is nontraditional pay service. most people who don't want sports don't want to pay directly and will

. >>> in corporate news, new details on disney's ceo bob iger's pay package he made $34 million.e made 46 the year before retired and coming back. a pretty significant pay cut. >>> in other news the board initially nominated 12 directors for its upcoming shareholder measure. disney rejected the nominations by nelson petsknnelson peltz an. >>> did you see where -- did i -- >> say that again. >> bob chapek who used to run disney is suing the company on the blood oxygen monitor we were talking about yesterday with the phone and the watch. >> it's like ke kevyn kevin bacn you say massimo, i'm thinking of the guy with the two olympian champion rowers. do you remember? >> who got in trouble? >> yes. >> now i know, yes >> that was a good one news with water -- they had never -- >> never been in rowing. >>> in the meantime axios is reporting that uber is working with tesla to get its drivers to go electric. the company is sharing data with tesla to figure o it where drivers make the most trips to develop better charging infrastructure and better evs. tesla is offering better incentives u

the ceo of disney, bob iger, work or a contract. >> well, the girl's gotta eat . >> well, the girl's. cameron cameron walker , our royal correspondent also. >> well, so they want some new apparently some new gig with paramount. what are they going to talk about. they've they've they've dished dirt. they've they've dished the dirt. they've dished the dirt. they've done the laundry. what's new. >> you can >> yeah. it's a story. you can only tell once really, isn't it. uh but hey, let what you uh but hey, let us know what you think. vaiews@gbnews.com. uh but hey, let us know what you think. gupews@gbnews.com. uh but hey, let us know what you think. gup ,ns@gbnews.com. uh but hey, let us know what you think. gup , the gbnews.com. uh but hey, let us know what you think. gup , the prime s.com. uh but hey, let us know what you think. gup , the prime minister coming up, the prime minister comes out fighting after dramatic calls from own dramatic calls from his own benches resign last night. benches to resign last night. we'll discussing that rather we'll be discussing that rather febrile pri