that is also leading to some recession fears. 7% of cfos expect a recession in the second half of the 2026 or later. you see the number right there however, more than one-third, 37% believe the fed can achieve a soft landing they are optimistic the fed can control inflation without pushing the u.s. into a recession. it is important to note a year ago more than half of the cfos expected a recession to happen in 2024. >>> coming up on "worldwide exchange," one word that every investor needs to know. >>> yields catching a bid on the back of the next where all yields are not created equal stay with us we'll be right back. ♪ (vo) whether your phone's broken or old, we've got you. with verizon, trade in any phone, any condition. it's your last chance to get iphone 16 pro with apple intelligence. get four, on us. on any unlimited plan. only on verizon. at betmgm, everyone gets a welcome offer. so whether you're courtside trying to hit the over... or up here trying to hit the under. whew! or, hitting that win with your crew. ohhh! yes, see defense! or way up here with a same game parlay. yaw!

that was after vivek ramaswamy spoke at our cfo council summit sharing his vision for doj.o.g.ve they will achieve some meaningful cuts in spending there's mixed opinions of the reality of achieving that goal by july 4th, 2026. 33% disagree strongly it is possible, 33% say it is possible we asked cfos about their spending plans for next year, few data points here more than 80% said their capex would increase or stay the same and when asked about the top capex priority the number one answer was investing in tech outside of artificial intelligence. only 7% said they are investing in ai capabilities back over to you >> what do you find most surprising about these results >> you know, i really found it surprising that a lot of these cfos believes sweeping government changes need to be made but when we asked them how could d.o.g.e. potentially impact the economy we have graphics i want to show you a wide range of results some people believing that d.o.g.e. has the potential to actually harm the u.s. economy, others saying oounl just not sure what it could mean. but everybody believe

this, antonio's done cfo helps out where he can this use hardest is expected to be better than in the 2 previous years when crops were impacted by extreme drought. but give me one day, i'll tell you what that everything is green here now, but in the last drought, even the trees were dry will get back with you because i'm looking at a 2nd. i thought only opens up. the farmers are grappling with a different problem this year. all it's div, that's why they're harvesting the fruit as fast as they can in the work until the afternoon, unload the harvest and jump in the shower the little. then we have to come back out to the fields and patrol them until 12 o'clock in the morning and i thought i would not level them again or on the back of droughts and poor harvest. olives are more valuable than ever. even if the trees are hundreds of years old, the thieves don't care about old. they sort of the 12000 kilos of all x rays and look at the branches see on the roof. and so that a lot of video can help you that these, these have numerous others though they've just hit them with this. it finally ar

this. antonio's done cfo helps out where he can this years hard. this is expected to be better than in the 2 previous years when crops were impacted by extreme drought. it gave me all right, the everything is green here now, but in the last drought, even the trees were dry, multiple people. but how much is this? i cannot get a hold of. it's on the farmers are grappling with a different problem this year. all it's div, that's why they're harvesting the fruit as fast as they can in the we work until the afternoon, unload the harvest and jump in the shower that little. then we have to come back out to the fields and petrol them until 12 o'clock in the morning and the younger on the back of droughts in poor harvest, our lives are more valuable than ever. even if the trees are hundreds of years old, the thieves don't care if at all they sort of as well as i was in queue lose of all this was the look at the branches see on the roof. and so that a lot of video, i think it'll be that the steves have numerous other thoughts they've just hit them with this f

then, when your cfo report edly is stepping down or being replaced, that's really, really difficult ande huge debt coming due in the next two years, i think they have $1.6 billion next year and another almost $6 billion the year after you know, like stellantis, they face a major, major turn around while they're experiencing some management turnover. it's a big challenge. >> mark fields, we appreciate you being here we appreciate the insight >> you bet, frank. >>> coming up on "worldwide exchange," tit-for-tat we will have more details coming up after this break. why pay more for an effective daily body lotion? gold bond healing lotion hydrates for half the price of the leading daily moisturizing lotion. it visibly heals and moisturizes dry skin in just 1 use. choose gold bond. >>> welcome back to "worldwide exchange." time for the global briefing looking at shares of asian chip makers shrugging off the rules at curbing beijing's ability for chips. taiwan semiconductor rising between 2% and 4%. this is after the ban on materials from being exported to the u.s. on the back of the biden ad

conducting that review are recommending however that the top financial and legal folks step down, the cfoas stepped down. it is amazing that since this company brought on a new auditor and then started working with the nasdaq around filing be delayed 10k, the stock up more than 120%. turning to the shares of intel, these shares are also higher, up about 4%, the better part of 4% as the ceo is stepping down. two longtime employees are filling the shoes of pat gelsinger and the board is looking for a new ceo. the failed turnaround apparently and according to bloomberg exclusive, the board just became frustrated, disappointed. they want somebody new, stock down about 50% on the year. that turnaround clearly not happening. and finally ran to get out of the downside. down 6.6%. this as their ceo is leading unexpectedly and early. these also down sharply on the year. lots of space including pressure on sales sliding in the u.s., inventory issues in europe. this stock really reflecting a lot about uncertainty. scarlet: absolutely, and that is a pretty dramatic decline. thank you so much. i menti

economy. >> that's the cnbc cfo council.ll continue to monitor headlines, as we are awaiting powell deal book midday today. meantime, we are watching unh. there's been a flurry of headlines. what we know is that the web cast, and they were presenting today, was stopped for what they're calling a very serious matter, correct? >> very serious medical situation with one of their team members. it seems to be a tragic occurrence outside the hilton. that's based on other news sources, wpix, local news here in new york, "the new york post," reporting that brian thompson, i believe, who runs the company's manage care, so -- had been shot and killed. that is the reports again. we have not gotten an official confirmation from united health care, nor from the police in new york. but it appears to be, according to other reports, that it was a targeted killing that occurred prior to obviously the beginning of their investor day here in midtown we should say, which we were going to get to at some point in terms of discussing a bit of a re

>> first as cfo and executive director of strategic management. >> cfo in what years?nderstand how and what the police department participation in sf safe kira worthy at that time? >> i was not aware. any overlap with former captain lawson? >> no. >> okay. so, let me just-i before we open up for public comment, i want to say a number things. obviously this has been frustrating relative hearing from members of the board of directors. it is further frustrated by the to put nicely, inconsistency in their statements versus the statements in and to this day o of december 3, phillip low, counsel for ya and lawson continue to set for and this is page 2 of mr. lo■>w's letter that is part of the file that in essence the board president and treasurer o that is contra dicted on page 9 by the july affidavit that states and quote "the board presidentstated earlier, daniel lawson, stated early in the investigation that the sf safe board had no idea worthy spent the combined $250 thousand that was in the sfpcu saving account and however, as your affiant received records from three di

then goldman sachs' cfo dennis coalman also spoke today.re overt guidance except to say that m&a activity into 2025 is accelerating and normalizing back to ten-year averages. he added there is no reason we can't go above those averages if we sustain the momentum. we will hear from the wells fargo and bank of america ceos in day two of those events. >> leslie, thank you. these stocks moved a lot and moved a lot since the election for all the reasons that everybody already knows. >> fascinating intraday chart of jpmorgan. when the comments came out from the cfo stock popped 3 bucks. it came right back down that $3 because of exactly that idea. exactly, they are up where they're already trading because we expect deal activity and markets, you know, revenues to be strong. it doesn't mean the stories are obsolete, it just means we sort of got there already. >> angelica, what about moderna? >> those shares taking a big hit today after bank of america analysts saying that there are, quote, too many layers of uncertainty here. that's with the stock

of course, the phone to blow up to become the cfo. so with a slip is it also best for you with us as we spoke and i feel like the rainbow. oh, see the guy and the guy by shy of got body consent data, always fucked. teach us because i think the way group army sent e z as for more of a i see. so that's always so yeah, because a bus that will put me on the book i, when the blah moves the blood by cyber, by the bus you, we can solve this issue i have for you been pretty familiar. i am a sub isn't because he's in the supply shipping these, these are the most of messing. i don't know the little sketchy to go to boulevard. unfortunately, the person will, she have sold up the computer. so i'm going to go now. so that was something i'm going to get those pushed to, but you would you please when they weren't themselves thoughts of kids? i'm going to sit is it a facility? is the gulf coast because when we can see the eyes you? yep. it is one bill. genuine, you distribute to a sort of connection with manipulation. met so yet image. so there, yes,

>> first as cfo and executive director of strategic management. >> cfo in what years? >> i believe-2016 to 19 or 15 to--no 16 through 18. >> got it. were you aware of or understand how and what the police department participation in sf safe hiring of kira worthy at that time? >> i was not aware. >> okay. any overlap with former captain lawson? >> no. >> okay. thank you. so, let me just-i don't have anymore questions. before we open up for public comment, i want to say a number things. obviously this has been frustrating relative to hearing from members of the board of directors. it is further frustrated by the to put nicely, inconsistency in their statements versus the statements in the affidavit and to this day or as of december 3, phillip low, counsel for ya and lawson continue to set forth and this is page 2 of mr. low's letter that is part of the file that in essence the board president and treasurer didn't have any direct knowledge and that is contra dicted on page 9 by the july affidavit that states and quote "the board president stated earlier, daniel lawson, st

will be putting some of these questions are on politics of france in an exclusive interview with the cfo of the french defense and aerospace giant thales. we will talk the politics of france and be talking about ukraine, about europe's defense opportunities and challenges, plus of course geopolitical tensions. stay tuned for that conversation 6:30 a.m. you could time in about 15 minutes' time. 8:50 a.m., u.k. france pmi's. that is u.k. time, we will get france pmi's with a touch on the health of that economy given the political challenges. 9:00 a.m. u.k. time the oecd economic outlook report will draw. at 7:00 p.m. the fed beige book, jay powell speaking later today as well, some color on the health of the u.s. economy from the beige book that's at 7:00 a.m. u.k. time. you can get a roundup of the stories to get your day going in today's edition of daybreak. terminal subscribers go to dayb . the focus is on the vote as they put it in daybreak in france, but also what is transpiring in south korea. as governments grapple with funding constraints, our next guest says ai can be a big pa

these are your cfos, right? cfo confidence actually spiking.e's the good thing, optimism about the u.s. economy right here, look at this big move. people are really excited. this is the highest level since march of 20221 which is interesting because it's not just cf if works. how about the farmers? that's right, the farmers. the ag economic barometer is soaring, the highest level since may of 2021. you've got two things here, right? current conditions, made a pretty good move, 18 points. but look at the future, what they're expecting. wow, up 37 if points. again, cfos, farmers, everyone excited about what's happening not just in america, but obviously in the stock market. well, let's face it, what's not to like when you talk about the stock market? 2024 and 1980, right now neck and neck for the best election year performance in history ever, ever. a couple weeks left. we'll see how that goes. so when you see something like this, what automatically comes to your mind? people want a piece of the a action. well, how about this? records. i mean, by

the cfo of intel said a formal separation of the factory and product development divisions is an open question and will be decided by the next leader of the company. i thought this was put to bed and intel would stay the type of company it has been. ian: it had been put to bed by pat gelsinger. he's not in the job anymore. he said stronger together better together. one of the co-ceo replacements said we think we are better together but both her and the cfo said yeah, it is not our call. in wall street mind's, that opened the door. tim: where could the company go? would it be public? would broadcom be interested? ian: the focus was on what happens to the product side and the manufacturing side, perhaps these entities become separate. the manufacturing side is piling on losses. it's not in a financial position we make ipo a possibility now, probably not for years, while it tries to build up its presence with outside customers. that's not an option. it would have to be new ownership with deep pockets. the product side is more healthy, particularly pcs. qualcomm or broadcom might see a us

the adobe had won the battles of selling drugs that cost us as soon to bill up to become the cfo. circle with a slow there's and also by sweet with us. it's and we still not feeling too of a deal. oh, see the guy and the guy, make sure i've got the consume theodore's fuck the just because i think the way to the army sent e v. as for most of the i c shipments and we still have cause a bus that will put me on the book i, when the bumble noise a blow by 5 or by the bus 3, we can solve this issue i have for we have been pretty familiar i am a sub eastern because ethan will suffice if in disease of a most of messing, i didn't know the little sketchy devoted bull's line, unfortunately was the 1st to move to have sold the computer. it also got to go now . so that was something i'm going to get those pushed to, but you know, would you please when they ordered some stuff to talk to you? some going to they said is that a facility is a golf course because when we can see in your eyes you yep. it is what to do genuine dish in utah sort of kitchen. would manipulation met so yet? in mission? well, yes

now it's the way you just sort of get the cfo not speak. so now i'm for you to do is just dump the computing and see it once. and it also means google's in a go spit. and that showtime, it was finally decided that the capital of panama should remain in minsk, and the city should be restored by one available and required means. what is the sign at this level in your brain level? because then you for machines or the supreme use paypal machine, typically school mix of suicide. this process i used to be shipped except for this property. you're trying to finish contrast products and i'm looking for the yeah, the well should go. that means that the last couple you, you'd be so much. so what is the? yeah, we do what us 15 you started the slide 01 the story of what you see over good way to ship that you really know what your difficult the good in the show you in boulder ship. yeah. point you still will just yeah, they do. should be a pity. yep. you the doing the the near the news of ship is to put on the list for stick things i used to was to of sh

now it's the way you just sort of get the cfo not speak. so num for you to do is just dump the computing and see it ones. and it also means google's in a go spit. and that show time, it was finally decided that the capital of panama should remain in minsk and the city should be restored by one available and required means. what is the sign at this level in your brain level? because i need 4 machines for the so can you say form a shift typically splits of suicide? yes, plus i use the shift, the tip partition property. you're trying to finish. thank chesko. just a little before the yeah, the law should go. that means that the last couple of years or what, so what is the jo? redo what us 15 you started the slide 01 the story of well what you see over good way to ship that. can you really look forward to your call? well, i'm good in the show you in boulder ship. yeah, borneo stobel just yeah. they do. should be a pity. yep. through the door the the near the news of ship is considering the glomerular rustic things. i use some associated perspect

i left my job as cfo because this is so important. >> carley: you are now a congressional candidate,sureiofirst interview since you decided to run and donald trump endorsed you. he said, jimmy patronis has done a tremendous job as cfo, he has my complete and total endorsement, run, jimmy, run. he received other support and from matt gaetz and mike johnson. will you be the next congressman for the great place of florida? >> that is my hope, i love this part of the state. when you grow up in northwest florida, you realize the potential. but we have open border policy that has to be closed. we have got to restore our confidence and military given support they deserve. we will do that with the trump administration. i'm so excited to get to work for president donald trump because he will turn this country around. >> carley: he said run, jimmy, run, you said, yes, sir, wednesday we'll see how it plays out. thank you. over to you. >> todd: from one big announcement to another, fox news alert, breaking right now, president biden announcing c clemency for 1500 individuals, individuals placed

and these strong departure of the cfo, monogodb. the cfo, here today, gone tomorrow. >> do we know why? >> you moved past oracle very quickly, didn't you? >> i'll go back -- >> you really did. you don't want to talk about it. you wanted to hit your list. >> safer hit her numbers. i've been run over like david, i was going to y mack truck, which is much more of a cummins engine. and you would have tackle larry? i'm going to call larry ellison today, since he hasn't taken my call in over 35 years. i was sticking up for you, but david faber said you're not doing a good job. >> he's incredibly wealthy. >> his son, how's his son doing? >> david's doing very well. >> are you -- >> what are you trying to do here? i have nothing bad to say. >> i was just saying, i listened to the oracle call. saffra goes on and larry goes on. they tell an amazing story.ycop are as equally afraid as of safra and larry as i am come on and say, congrats, congrats, congrats, thank them, and come out this morning and have the guts to say, hey, there's worries. t

oh yeah, but the more here that you with him is 4030 temper the me the cfo who made the payment. well, i'm going to to with auto mind government and i'll be one more not, but you almost got to my day but that believe me formerly doubly well, i'm a re, i mean, i'm looking the 0. he made the me almost yeah. yeah. what, who but i mean i'm gonna see how you know, the me on my see, ya know, mama does, he will, he meant to you almost the we the audi q says he, what was the man to so this to us the ways the i know who they're doing the i'll be good, but i mean, you know who, who got the wallet will, but look at the one who bought the book. i do from the book. no, no, i heard the yahoo! are you me one more money. one more to money. sorry. who don one yeah, me of why you why the priority boy, he the cool. yeah, i'm a normal order of to yeah. a novel but he was born with the sway bar b as each methink slipping all the way you wrote a book the following side. what is this metaphor when this, this guy would fall on earth as suddenly a mess sized scale? set it up for the boat us, it does give

but a recent history is anything to go by their own likely to get anywhere near the us border. cfo. i've got another phone concern though. i feel that they are trying to tie us out so that we can give up in the bed in the care of then the mexican authorities have been following us and offering people things. promising things from says these care events are part of an invasion, but not one of these groups has made it intact to the us border. in 5 years. recently the mexican authorities had been breaking up caravans by busing, migrants far from the us border or offering them temporary legal status in mexico. so look pretty made. this is the best thing. there is an assumption that a migrant caravan is foamed and then he reaches the northern buddha. there was a policy to deal with the migraines in mexico. yep. it's totally a strategy that human rights organization say is unjust and cruel. but i think the strategy is to just break up the care of and so that it's not so visible anymore, because if you think about it, it's really a 1000 people, right? it's not very many people at all. the

there is a history of addiction issues and the youngest member of the tyson family who was the cfo has been pulled over for essentially for drunk driving twice for other and so he recently had to step down after the second time and and the the member of the tyson family, who i include my book and this is just it's arkansas is a small state don tyson his his like life motto was i don't have time to have a bad time so. yeah the is facing a variety of issues at the moment. i just want to be one person to say thank you for doing all the brutal grueling work to produce really amazing document this terrible moment but also continuing problem. i would like to circle back to the of translation which you briefly touched on it. i mean, it was valuable to me as a former union organizer to see this book and hear these stories, but it feels like it's really essential and kind of cruel to not have it be available to the workers themselves, not just in arkansas, but across the meatpacking industry. and i think also other it's not actually just the meatpacking where these conditions are happening, thi

but the more here that you see him or is, or the 30 toper, the me the cfo who made the payment while i'm going to, to with auto minor government number one more now, but yeah, i'm not going to be here, but the believe me, formerly believe walmack, i me, i mean i'm looking the 0. he made the meal monkey. yeah. yeah. more who but i mean, almost yeah, you know, tell me how much the younger mama does, even though he meant to you almost the we have the audi q says he, what was the man to so this to us the what is the doing the i'll be good the yahoo. oh god the well the good to buy the book i do from you on the boat. yeah. no, i heard the yahoo! are you me one more month. one or 2 months. sorry. oh, who don? one? yeah, me r y n y the priority boy he the cool you almost. no, i'm on the order of to yeah, a novel but 40 y bonus the uh b as each methics shipping, using things until the toner who wrote a book the following side, what is this metaphor when this this guy would fall on earth? a s a me a my size scale, set it up while the boat does it does give the subject ticket. couldn't sell it

but the more here that you with him is 4030 temper, the me the cfo who made the payment. well, i'm going to to with auto mind government and i'll be one more not be i'm gonna go to my baby brain formerly doubly well. i'm a really i mean, i'm looking the 0. he made the me almost yeah, yeah. what, who but i mean, i'm like, yeah, you know, the me on my see, ya know, mom does he will. he meant to you almost the we the audi q says, steve, will he man to sort as to us the ways that i know who they're doing the i'll be good the yahoo. okay. well, no, but the book i don't know to buy the book. i do from the book. no, no, i heard the yahoo! are you me one more month. one or 2 months. sorry. oh, who don? one? yeah. me r y e y the priority boy he the cool. yeah. my know i'm on the order of to yeah. a novel but he was born with the gold uh b as each methics dipping. usually the whole thing that you wrote a book the following side. what is this metaphor when this this guy would fall on earth as suddenly a mess sized skill? set it up for the boat as it does kill the most up to take goo

mom get oh yeah, but the more here that you see him or is or the 30 toper, the me the cfo who made the payment while i'm going to, to with auto minor comment number one more now, but you almost got my dear bubbling, formerly doubly well i'm a re, i mean i'm looking the 0. he made the meal monkey. yeah. yeah. what, who be, i mean, almost. yeah. you know, some yamaha, ya know, mama does even though he meant to you almost the we the audi q says he falls. he mantles saw this to us the, what is the doing the, i'll be good the yahoo. oh god the well, the good to buy the book i do from you on the boat. yeah. no, i heard the yahoo were you me one more month. one or 2 months. sorry we all who don one yeah. me r y e y the priority boy he the cool. yeah. my normal order of to yeah. a novel but 40. why bull? the bulk of the as each methink sipping, usually the whole thing that way you wrote a book the following sky. what is this method for? when this, this guy would fall on earth? send me a mess. i scale, set it up for the boat does it does go a subject ticket given. so episode a pity course. keep

with a bunch of cfos from companies and everyone has a different potential experience with tariffs, right. some of them are importing goods, some are sourcing their goods locally and i don't know what the makeup is of that group of companies, but if you are importing goods you're going to say, it's terrible. if you're sourcing your goods locally it's almost no impact. one of the things that i would respond to miss kelly evans about when it comes to the dollar is one of the extraordinary things about the u.s. dynamic, the economy is, we have companies in this country that benefit from a strong dollar and those that it will hurt. >> [ inaudible ]. >> well who benefits is people who are importing those things, right? >> tourism. >> their relative cost goes down, right. >> good for the cruise line. >> brian, maybe you talk about that. 40% of s&p revenues are derived from overseas so it may have an inordinate impact on the stock market. >> that is correct. i think that's one of the key things the stock market is not the economy in terms of the composition, so you look at the 40% of reven

does the cfo, the chief financial officer, can does he think they'll get away with it? and that they are being careful with it, but it's something they have to do, right, to keep up with inflation. this was the disney cfo speak at a conference yesterday, and he said they're comfortable with some of the price hikes, but they are, you know, just making sure that they're not totally outrageous. they have to be smart about it, he said. he said there's also a new theme park coming in orlando next may of 2025 the from universal that could provide some headwinds so, again, they're cautious when it comes to the supply and demand. stuart: i wonder if kamala harris would call the price hikes price gouging. i'd love to know. taylor, thank you very much, indeed. let's get to the big board, see how we're doing. we're off 160 points now. dow winners, topping that list we have boeing, salesforce, chevron, walmart, nvidia is on the list. the s&p 500, the winners, alphabet, nice gain there. that's that quantum computer thing. up 5% on alphabet. american airlines, warner brothers, boeing

sharing information corresponding activities and some cases requesting additional resources when the cfo steady the property of the departments working at the moment and one of the first agencies that was called the energy planning for the agency that we do streets and pipes and others involving a to point b. >> and this activation there are parts of the city cut off limited access points and information is sometimes confusing and so the information that not necessarily always refined for their knowledge and this activation is different from the activation we're waiting for something to happen if or if we don't have the resources available we we have to piecemeal it because 6 departments we are able to make things happen and from my department is the 9-1-1 features and be able services which runs the emergency operation center where we are right now. >> by insuring the rights of people to exposure the first amendment rights our job we don't want people to think that because the federal government was coming into town that for federal government will be cracking detain on protesters looki

you're ceo and cfo for their day jobs and meeting tjpa from co-ceos that's back in february and will share soon about a new ceo but to thank katie and roxanne thank you for all you do for tjpa over the past 9 months it seems longest but again two or three minutes anyone else want to say and word please this is your chance. >> (laughter.) >> anyway, i want to say tjpa i i can't say enough how far i came welcome you to the sro to housing and all this took a year, you know, we didn't have the resources that the city offered for housing and part of that with the streets staff and getting housing with the sros and one thing i can't say believe me i had no faith in my of that without seeing this with my own eyes and people say you have to trust the process trust the people with the openings whenever you go - if you ain't got common sense you ain't got nothing my mom said that i got a job and retired now. >> somebody asked me are you loving it here i said are you kidding i love tjpa it is great place to be in san francisco and people were not always like this as a kid i went to bowling alle

. >> and later, city hall hears from a former giants executive to twitter's former cfo. we take a closer look at mayor elect daniel lowry's (discouraged) so expensive. i mean, i'm helping my mom out, i don't have that kinda cash. - ugh, i know. but you can get financial help now through covered california. it's totally affordable. you'd be surprised. they've got this calculator thing that shows how much you'll pay. - for real? - yeah! what are you doing not having health insurance, man? - hey, i know, i know... - here, let me show you... - we all have questions. covered california has answers and can find a health plan that's right for you. covered california. this way to health insurance. has been reached between hilton hotels and the remaining 650 striking hotel workers. so far, the details of the agreement have not been disclosed. a vote to ratify the deal is scheduled for tomorrow morning. if approved, this would end a three month strike that included workers from hilton, hyatt and marriott hotels near union square. over the weekend, hyatt reached a deal with its uni

the cfo and intel product cfo will be taking over in the interim. the news has shares up 4% right now. around $25 right now. what will it mean for the turn around efforts more broadly and the u.s. interest in it as well. for more, we turn to our very own jon fortt, on set with minimum and truist analyst, jill stein. great to have you in the house. it's my understanding when they brought pat in, it was a bit of cajoling to get him in place and a sense that he needed to lead the massive turn around for the company. what happened and why did that fizzle out? >> four years ago, intel's board reached out to get him to join the board. he was looking at that, got clearance from michael dell, the ceo of vm ware, which is under dell, and then they asked him would you be ceo. he laid out his plan, if i'm going to do this, here's how i'm going to do it. the board said okay. if we look four years later, a lot of that plan was directionally correct. we do need leading edge domestic semiconductor manufacturing. the big ai boom. intel invested so much in it and th

you know, battery prices gave them the margin up side this last quarter, the prior quarter and the cfourth quarter, and the stock is responding to the trump bump. musk was one of the most passionate and authentic supporters of president trump, and obviously a very close ally of his moving forward, the doge, the government efficiency initiative and all sorts of other things positioned him to play an interesting role in the trump administration, right, so the last quarter of relative weakness, i think now he's got a new pool of buyers, conservatives that might not have looked at evs quite as closely in the past, that allow an acceleration of demand in the core u.s. market, right? so that means we're looking at positive revisions and i asked myself where the catalysts, right? i don't see very many negative catalysts if experts are going to visions, and the abundant positive catalysts. things are going to look like they did 11, 12, 13 years ago, where they can invent their own milestones and knock them down, you know, optimist, groc, the ai initiative, the visibility around ev share gains,

most recently, lurie named former twitter cfo ned segal as head of housing and economic development. he's also tapped former giants executive stacy slaughter as his chief of staff. >> well, he's basically bringing his campaign into the office, which is something we always a long time see. >> abc7 news insider phil matier offered us insight on the individuals. >> stacy slaughter, his chief of staff, is a longtime san franciscan. she served as a staffer for former mayor frank jordan when he was in city hall. she's been with the san francisco giants, so she's really tuned in to the fabric of the city. her uh- next step up is matthew godot. again, he has been in city hall for past mayors and now is coming back. ned siegel well, that's an interesting one. he's a longtime lifelong friend of lurie's. they went to school together. he's been working with him on tipping point. he's coming in as a friend and an adviser with the mission of trying to revitalize san francisco's downtown. that's a big job, but they hope that his contacts with twitter and such would be a boon to it. >> matier says l

so i asked our cfo to chair that, and then i could still, you know, be there for everybody. people could come to me and check in, and i could try to get a view for, what are other companies doing? what's happening? and give some input. so, if the ceo turns into the problem solver of the company, i think the company needs another ceo. francine: have you changed as a ceo? lars: i believe i have. i, when i was promoted, i took a step up in the team. so, i went from, overnight, being colleague to being the leader of the team, and i think they would tell me today that they would have liked me, maybe, to a bit quicker act like the boss. but for me, it was not natural to just be, say, bossy after one night. so, i think i have been growing into the role, and i feel more comfortable today in actually listening to my guts, which is a combination of your own feelings, but also your experiences, and earlier say what i believe in. and that creates clarity for an organization with more than 60,000 people. francine: and so, saturday mornings, i understand, you have off? lars: yeah. saturda

. >> hello commissioners my name is laura bush i'm the deputy cfo and here to present the fiscal year fiscal year 2024/25 variance report welcome you to the fiscal year that's my first time presenting to the new commission we provide a quarterly update on the budget and at the beginning of meeting. so let's go forward. >> um, so the projecting positive operating results for cleanpowersf and schultz wastewater those privileges and close of business no immediate concern with the policies to keep an eye on that. >> we have the retail value in the budget that is the main course of revenue shortfall and some linking impacts to maintain the issues and that is the low labor and non-labor. >> so similar to the revenues projected below budget to the volume and any possible no agreements up there? offset by the cost sharing projects like the cost index. the power revenues are below budget and volumes and retail sales offset by higher sales and the cost from high generations the cleanpowersf retail is the final rate that is lower than the budget and this is offset by retail revenue and cost savi

know i will not let you then handed them over to the police with the a quick meeting with his son, cfo and colleagues. so far, nothing to report that sort of case all the trolls take up hours of our time of the the, the few sandwiches for dinner. this is new life. so hopefully the harvest will soon be over then things will calm down a bit. so yeah, i don't want as much drive on at 2 am, antonio is finally done for the night. the but the next morning, he's out early and back out in the fields. his neighbor needs help. the is the good what. how are you on? because they've been back and stolen on the mass of scale during the night. it's really stressful. legal, 900 kilo stolen from my neighbors. despite being out on patrol last night, they didn't notice the thieves. now neighbor, one serrano has to quickly pick all the olives in case they return the i'm so angry. we 10 the, all the trees throughout the year and they still hundreds of kilos and one night and leave the trees so damaged. they weren't produced any fruit next year against the company. the key estimates the cost a $1200.00 euro

but i had cfos and ctos and ceos calling me from the philippines saying, "tell us about this." no! so deepfake, you know about the hong kong company where he was, the guy, the treasurer was on a call, a zoom call, with four different people and they told him to wire $25 million from hong kong to london. every single one of the four on the zoom call were deepfakes and they lost $25 million, right? so i think the first is, you know, definitely, these tech companies, and a lot of them, they're american, silicon valley driven. and tiktok, it's funny that america took action against tiktok, but not against the original sins, right? because this is part of the reason 71% of the world is electing illiberal leaders democratically is because they believe it. - and yet you support the tiktok legislation. - i support anything that holds the platforms accountable. - okay. - right? i have been saying this 'cause that's the medium term. this is not a free speech issue. if you think it's a free speech issue, most of the time that probably comes from a tech lobby. four out of 10 americans now get

so now i'm going to say good bye and carry on exploring what else this congress has to offer on the cfo. do not all see from searching while that rolls off. the thing is, i always a pleasure to have you with us here. nonsense. that is a lot much is a documentary about rush of us as part of the term, but i will be back with some of the, the the 1940 the world war one. that's the 5th military conflict. gradually and gulf facility of the $59.00 independent states and 60 population, the officially, it was the assassination about your french southern end to the austro hungarian empire. i have both of them sub pump, but the other underlying reasons, the big let me just get bridge care for joining share cuz i'm a computers. i'm not sure to do it. so i thought you're committed the profession. you would have just given the control panel. i'm going to like, mandatory history institute research, philip david mental center is known to his work on the causes that led to my own into a large scale your minds compare francesca, but it's on screen for stopping in which our whole school confronted so. an