executive of cisco systems.ining us on talking business. yours is one of the biggest names in computing, so i have to ask, what does the ai future look like to you in ten years' time? for example. how do you think our working lives are going to be different? well, first of all, thanks for having me on. it's really a pleasure to be here. i think ai�*s fundamentally going to change everything. we've talked about the fact that most of these major technology trends in silicon valley, we tend to talk about them for almost a decade before the real impact is felt. this one's different. it's going to change everything about how we deliver education. it's going to change how people work. when you're in your work environment, you're going to have virtual assistants that are going to be making recommendations to you all day about things that can help you be more productive. when there's a problem, you're going to have an assistant a virtual assistant that's going to tell you three or four potential things that could be cau

did you entertain any other bids in addition to what you got from cisco?ary: if you look at the proxy that we filed, cisco was the only party we were talking to at the time, but i would say that we had incredible support from our board members, private equity firms, including hellman freeman. it was always a very supportive relationship. katie: let's talk more about this marriage. chuck, where do you see splunk fitting in with the product in the financial strategy? chuck: observability, it's emerging and it is effectively trying to help our customers understand application performance, what is going on in their technology infrastructure. particularly in this world where you have hybrid cloud, multi-cloud, private cloud. that is one big area. the other big area is cybersecurity. if you think about the utilization of ai by the bad actors, we are going to have to do a better job of doing real-time analytics and detection and response. in my view, we have to be able to take three or four different things that we are seeing happening at the same time. those ind

what role do you see cisco playing . role do you see cisco playing in delivering that al future? run the hardware that will help run the ai revolution. secondly we are going to leverage artificial intelligence on massive data sets to help customers deal with the increasing cyber security threats that are out there and we will help our customers deploy new applications that help them increase their customer engagements, told employees be more productive and that sort of nature. we are su oer and that sort of nature. we are super excited _ and that sort of nature. we are super excited by _ and that sort of nature. we are super excited by the _ and that sort of nature. we are super excited by the potential. super excited by the potential for al to boost productivity, as you say. but we know it will take a huge amount of additional computing power. is there a risk that this extra bandwidth consumes more energy at a time when we are trying to, of course, curtail our energy consumption? there is discussion _ energy consumption? there is discussion right _ energy consumption? there is d

ceo chuck -- cisco shares. cisco shares. s cisco.ou know, i don't -- sometimes, jim, you read it -- if you put it there, he will read it. >> and you're right. and oracle had a great week, and she's on the board of disney. let's go there. >> yeah. thanks, guys. i was, like, what? hm. yeah, we got chuck robbins coming up. jim, you'll partake in that. they're closing the splunk deal so that's coming up a few minutes from now. >>> let's start with big tech. a.i., nvidia, you're there. we can't wait for your big interview tomorrow, but what are your expectations for today? >> okay, so, today, i think there are a lot of people trying to game this event. this is an event that if people look at it, there's a -- there is a keynote that jensen gives, and there's actually a countdown clock on the site about when it's going to start, that is the first time it's been live with real people, obviously, in many years, and i've got to tell you something, david. people like to speculate about what he's going to say. get out of that game. he won't let

now cisco is 5.25% of the s&p and cisco peaked at about 5.25% of the s&p. >> carter, thank you. carter braxton worth of worth charting. we made that comparison obviously because there's so many comparisons to the internet bubble and what ai is. before we get to that, in terms of nvidia, if we do see downside next week, we've asked the question before, can the markets go higher without apple? but i think it's more pertinent today to ask can the markets go higher without nvidia? >> it's interesting. apple caught a bid today. it all actually makes a lot of sense. originally i thought with apple trading the way it was trading. the s&p i thought would have been around 4,200, 4,300. clearly that didn't happen, we're at all-time highs. i think the tech leads the way here. when you think about the market cap that nvidia lost today, there may be 15 or 20 companies that size in the world, yet it loses it like this. that to me is not a particular sign of a healthy market. >> when you look at who's been doing the heavy lifting. it's been nvidia and meta. the other names haven't contributed,

the deal is expected to give a welcome boost to cisco's move into ai. over $51 billion in revenue. chuck robbins is the chairman and ceo of cisco systems, he spoke to my colleague tadhg enright earlier. in its simplest form, what is going to allow us to do is provide real—time insights to all of our customers so that they can detect cyber security threats in real—time. as we know, the bad actors all around the world, as they get their hands on al and they are able to actually be more effect of with their cyber—attack strategies we, as an industry, have to enable our customers to be able to respond faster and this splunk acquisition is at the heart of allowing us to do that for our customers.- that for our customers. does that for our customers. does that suggest _ that for our customers. does that suggest that _ that for our customers. does that suggest that in - that for our customers. does that suggest that in this - that for our customers. does that suggest that in this ai i that suggest that in this ai future packing risks are going to become an eve

you bring up cisco. cisco is one of those stocks that is brought up in those conversations about the late 90's. there is a temptation where you overlay nvidia's charge over -- chart over cisco. is that a blueprint we should be following? >> i don't think so. we use relative price to sales ratio. nvidia is -- if you look at it on any other metric, it is not expensive. if you believe the growth can continue, then you have to assume we are in the early stages of nvidia's growth. i went back and looked at amazon since the ipo and it is up 178,000%. was it too late to buy it up 10,000%? this is an industrial revolution of sorts, a new ai driven one so you could continue to see growth and use cases are multiplying pretty rapidly for generative ai . i would not make that comparison yet. remembering also that those were peak earnings at the end of the decade. and we are not at peak earnings right now. and let me just say this, look at the nasdaq from 2021 until 2023, it was down 3%. we are not in nosebleed terri

i know i'm kind of in that boat. 49, here at seven cisco, east bay at 47, daytime highs for tomorrow, looking like this across the bay area. down in the south bay, 62 in san jose, 60 at morgan hill, let's move it over to concord, 60 in oakland, pretty similar here through the peninsula, 67 in daly city, 67 in palo alto. 67 in downtown sentences go and across the north bay, 54 into your leg, 59 in novato. >> rain chances through friday, saturday and sunday, we will all come from this upper level of low pressure, it is dragging its feet, taking time moving down the coastline, that is why those chances linger into easter sunday. rainfall on friday, 1/4 to 1/2 inch, could be some of the higher totals to the santa cruz mountains, and down towards morgan hill. on saturday, most areas with trace amounts to a quarter inch, we are seeing a bit of that yellow pop-up maunakea the top your, that would be about half an inch with higher elevations but lower elevations, not much on saturday, and for easter sunday, trace amounts, not much on easter sunday, but we are still watching that chance to see

oh, if you're into the internet if, you have to own cisco. 25 years later, cisco is exactly where itk in the 1999 despite the fact the internet has succeeded. i'm bullish on a.i., but the valuation of these stocks, especially nvidia, is too far, too fast. study stuart there's a lot of people jumping into it with the intention of selling, it's like a gambling chip in that sense. >> it is the greater fool theory. you mow i'm a momentum investor, and new highs tend to beget more new highs. the fact that the nasdaq and nvidia are near all-time highs, i'm a contrarian. i'm looking for things that are off the radar screen, things people aren't talking about day after day after day. that's that i'm focusing on. stuart: and you have brought with you the goes got you can investment of the week, an etf for africa. i've not seen this before. explain if it. >> yeah. turns out it's not just a song is, stuart. did you know that? there's actually a continent -- stuart: used to live there, actually. >> that's fascinating. you probably know more than anyone, this is a really troubled place on earth,

cisco also donated food. they donated food to fill two pantries at the louisville fire houses. >> they are very grateful. >> a possible maple syrup shortage. warmer temperatures since winter allowed some producers to tap trees earlier than usual. that's when they collect the sap earlier. some farmers began tapping a month earlier this year in february because it warmed up earlier than usual. producers are worried climate change might affect the sap production long-term. they also fear the unprinted ability will make it difficult to sustain operations. >>> to universities have filed lawsuits in this is the same conference that stanford and cal are about to join. today officials from florida state and clemson appeared in court and both universities are looking to leave the acc. they are suing the conference over its exit fee and rent of rights contract. see the exit fees are unusually high and florida state said it would cost $572 million to leave the concept -- they sable schools have agreed to be in the confe

at cisco, our purpose is to power and inclusive future for all.ogy-based solutions that the ability to address critical challenges and communities, power hybrid work, transfer and infrastructure in cities and secure the network that were in it all. to ensure the solutions can be deployed, it takes forward thinking policies that foster innovation and emerging digital technologies. for a moment, imagine a world where every home no matter how remote is a beacon of connectivity. the networks that bind us service channels of communication, openness and competition. a world where ai prepares us the word and does so responsibly. today, tools like rock band and aie emerged its foundational pillars shaping our society, economy and government. they are transforming the way that we do things. to fill the end of this moment, right size investments and government policy and research, animation, security and procurement should lead the way. at the heart of this google discourse is the federal communications commission and its pivotal role in shaping policy that

a little bit of wind chill. 48 for the east bay, low 57 cisco and 47. >>> heading into the afternoon, winds beginning to taper off, overall we are in for a better day tomorrow then we had today weather-wise. look at these numbers in the south bay, 75 in the south bay, 72, cupertino, 71 pleasanton, and hayward peninsula, 73 redwood city. san francisco, in the outer sunset and for the mission, across wine country, 73 in napa. >>> if you want more, i have for you, today forecast, low 70s in livermore, may even get up to 75 by next tuesday. enjoy. every single bit of it. look at next weekend, back into the low 60s. along with that we could see a chance of rain returning by next weekend, it doesn't look like a big storm system but still something down the pipeline for us. i will focus on that, keep your eyes on saturday and sunday, 60s and 7 cisco cut in lynn valley, 73 saturday, 75 sunday. spring weather as spring officially arrives next tuesday at 8:06 pm. we are on with the weather right when the calendar says. >> now only 39 seconds away from friday. >> i love the count, do you have a

just want to thank everybody for being here, thank "politico" and cisco, we're big fans at cisco. they got a great presence in georgia, just excited for the conversation. and look, my goal as governor ia the imo that of the capital of the united states of america, just because of the investment that we have come to our state long before the ira past, even before i governor we had an ascii battery plant might predecessor announced. i was entering the transition for the great announcement and then we did an expansion with secretary ross from the trump administration shortly thereafter that they expanded the battery plant and we landed rivian and ten hyundai which with the two largest economic development projects we've ever done in history of the state back to back in the same year and all that happened before i pay. so this market was coming. we are a state of leaves in the market driving innovation and want to support companies and what their vision is for their customers. and i ran to strengthen enrolled georgia and create economic opportunity in all parts of our state. mr. trump

cisco and cdw.the united states to europe, plunging office valuations are spooking investors, raising fears about a broader contagion. as one of the world's biggest owners of commercial real estate, brookfield is at the central of a global industry shakeout. but the chief executive bruce flatt, who made his name in real estate, sees opportunities where others see risks. we continue the conversation. commercial real estate. so, a lot of people say, well, this is not the right time. we are going to see a shakeout in commercial real estate. there are opportunities that you see? bruce: i think, look, the next -- the next story is that interest rates are coming down. fundamentals are pretty good in a lot of commercial real estate. of course, there are some -- there is a tale of some investors that had properties that, for this environment, the fundamentals either don't support it or the financing they have can't be supported, and, therefore, those have to get dealt with. so that's a tale that is getting

that's because cdw designed and built a solution with cisco security.end protection, defends against attacks and makes better decisions in real time. so warehouse and customer data stay protected every step of the way. make amazing happen. cisco and cdw. ♪ ♪ relax into a caribbean state of mind. visit sandals.com or call 1-800 sandals. francine: from the united states or europe, plunging office valuations are spooking investors, raising fears about a broader contagion. as one of the biggest owners of commercial real estate, brookfield is at the central of the global industry shakeout. but the chief executive bruce flatt, who made his name in real estate, sees opportunities where others see risks. we continue the conversation. ♪ commercial real estate. so, a lot of people say this is not the right time. we are going to see a shakeout in commercial real estate. there are opportunities that you see? bruce: look, the next, the next story is that interest rates are coming down. fundamentals are pretty good in a lot of commercial real estate. of course, there

what you're seeing with nvidia, cisco at the time provide the routers in the switches for the internet everyone had to have their equipment because it was going to change everything which it eventually did and right now nvidia their chips are the hardware that you need for a.i. artificial intelligence that's all you hear about demand is through the roof and earnings us supposed to go up another hundred% on analyst projection which is a phenomenal number. stuart: they have this big thing today i don't know what is called but the p100 the brand-new chip coming out today, is that right. >> expected to announce the be 100. >> it's a big deal markets are forward-looking and they prices ahead of time and if you look at last year's revenue 20% came from one big mega cap buyer meaning that you have basically only a couple of companies for a chip grab trying to avoid the chips because they don't know the supply and i suspect were overzealous right now on how much artificial intelligence will change the world short-term long-term it will dramatically change the world and that's how cisco demand

so it's not so pretty cisco, but then you enough on georgia. i need you to feel and think that system on board the port oak on you you that seems a really by ceiling. millions from vista villages, from custody, had been sent by the occupying all sort of things to cut down trees. they happened to be near the sight of the bush. they were all to declare 50 meters, a forest beside the road to prevent the partisans from getting close to it. that was the detail from custody. became the 1st talk to you in mexico victims. well, i really, you can, that's what was you, but a we can call it meaning what? uh no, so shoot me a usual almost all day. so we'll try to do for you for you. for flow of 24 civilians treat, sent us from coming. what killed but some managed to escape by running into the forest? this was march 22nd 1943. the boxes on suit set up, the ambush had withdrawn to hunting. and that's probably telling me a hard thing is to wish them not to politically put that on the throne. elsie's patient is that brooke said, pull up over there, did not you

she'll be able to give you full use of the cisco, which is the formal. so you have a new level of care to, is it all pretty much all the, all the a bunch of love, but if we doesn't forcibly, hopefully we'll just, just to give an answer from friendship, relative to support is useful models the newest prohibiting the teaching and the usage of the russian language were introduced in ukraine. soon after the 2014 code. the special with each of the largest in the gray is going to use the canyon, but right at the metal, someone gives me the escape. no problem. i've done this deal easily when i get a mustache, nature bleach. the fisher needs from the radio that somewhere else and letters and the last one just didn't want. in case you lose a couple of a 2nd. let me swear a little more to the publisher story. in young cowski leads us through the center of warsaw, which controlled west and ukraine until near the end of the 18th century. from here, the book, she has always began the irreconcilable war against orthodoxy. in the russian language. he provided the jesus

at cisco we're going to, we run training programs around the world.ugh that this year to try to give them digital skills to have a future. most every company here has a program like that. workforce development day here earlier this week. there's a lot of discussion how to continue to drive this. so i think the belief from this community is that we do believe that our free market system in the united states is better than any system in the world and we believe that it creates jobs. that it drives growth. and that we should sfuel it, no try to restrict it. >> andrew's got a question as well. >> hey, chuck, question. look, in the end this is going to be become a binary choice for the american people when it comes to selection. you're talking about policies and the like. what i'm trying to understand is, are you suggesting that you're trying to improve the policies that the biden administration has? or do you believe effectively that a potential trump administration would have quote/unquote better policies, but also ask if you're thinking that way, how yo

you can say that cisco is so different than nvidia right here, but they're really not. >> but the outcome will be different if it's based not on valuation. i mean, if it's just sentiment, fine, but if you're making the comparison on valuation, then -- >> i'm not. have i said that? i haven't said that. >> you think that's an underpinning of that? w valuations that are so untethered from reality -- >> but i'm not saying -- >> hold up under the weight of their own expectations. >> right. well, listen, convince yourself that nvidia is dirt cheap right here and keep wbuying it. it probably going to 1,000. but then it's going to be going to 500 at some point. >> it's not dirt cheap, but with the kind of growth they've shown and with the headstart they have, you're talking about -- we can throw a lot of numbers around, but the reality is, it's probably somewhere between 35 and 50 times 2024 and 2025, and that's a big ask, but the point is, for a company that's growing this much, that's changing the world and is at the center of it, it's -- you know, i just think it's -- a lot of people have foun

cisco and cdw.atie: home depot announcing that it will be buying building materials for more than $18 billion. they are beefing up their professional services business as they make a push to win over roofers and other building professionals. john edwards joins us now with more. i do not know srs. that is a private company. what do they see there? west ac the opportunity to maximize their presence. their main competitor gets about 50% of its revenue from professionals and lows gets about a quarter of their revenue. this is a big way to do it. also with contractors. it is part of that lucrative market. katie: there are diy innovators at home. let's talk about the price tag. it is quite a chunk of change. they are only off about .6%. it seems like the market might be ok with this. >> they are getting more exposure to the markets. when you think about going down and getting stuff in the cards, what they are really focused on our the professional. that is why the market seems to like but it is seeing. >>

that's because cdw designed and built a solution with cisco security.nst attacks and makes better decisions in real time. so warehouse and customer data stay protected every step of the way. make amazing happen. cisco and cdw. and other partners for a space defense exercise in france monday. we are watching nissan jars amid reports the japanese carmaker is in talks to invest as much as $400 million in the troubled ev maker frisco. japan's fourth-quarter capital spending and company profits data are due out in the next few minutes as well and we will bring them to you. we are hearing the japanese government is discussing whether to officially call an end to the countries. period of deflation. we know what the trend has been. why would an official government calling this be significant? taro: the government has been declaring deflation since march 2001. though the current headline figure is brisk inflation. the basic idea is it is still inflation. kind of on a deflationary mindset, low-wage growth and a low-inflation state has not been broken yet and that

look at what happened to cisco in 1999 and 2000. this was a great company, got overvalued. we talked about this last time, could nvidia get there? yes, but at a much higher price than to get to the cisco valuation. >> doesn't tell you, when you watch a stock like this go up seemingly every day and it reaches these heights that make you sit back and say, i can't believe what the stock is doing. does it tell you there's too much froth in certain parts of the market but not the whole thing? >> we are getting the trend followers and the momentum players. they don't care what the valuation is. they don't care what the company does and they have their charts and say, with this trend, make the trend your friend, i am making it my friend, i got my stop. i am writing it out. everyone is convinced they can jump off the train before it goes off the cliff. i am not saying nvidia is not ready to do that but these are the games speculators play. i am beginning to see more of those sort of players moving into the market. and -- but it is early-stage and not late stage. 25 years ago, it ha

if you look at some of the other part of the economy of cisco russian news from the line so so, so 20 percent and then investment, so 10 percent last year. so if everything has to loading then it will eventually get back to the parking lot. the way that the guy have been tested in a has enough resources to stimulate the economy so, so it seems to me that it's a cycle the ink and tends to be turning to the downside at the same context. seems to be no pre of time being for the economy. if china has taken measures to stabilize the situation, they've called interest rates. they've provided liquidity to banks, distributing property farms on to local authorities. but nothing seems to be working. they've done a huge variety of things over the course. they've also tried to reassure for and investors that china is a good place to do business and they can make money and get deals up. nevertheless, that's still not been enough. i think it shows a very big problem because it shows that how so concrete, the kind of in the sprint do whatever policy is that, um, being rule out. so um, which means th

civilian infrastructure in other regions of ukraine, teakwood intensive for a tax on the ukrainian cisco park. if the 2nd largest cd, which is just across the board, about 40 kilometers from the boulder. but it is already under a tech every day, so there's not much you can do there. in the medium term, haygood assemble logic for us station it in the builder region and maybe go in. this is what you hated at. when he said that you would be probably trying to establish kind of a cold on sunday to in ukraine. so going in, nobody knows for how deep into your brand new territory. just a quick last question. roman is this fighting around belle grove, impacting other parts of the war? this is actually the hope of ukraine and the forces that are fighting on the okay inside the russian citizens who joined the opinion on a hen who are now fighting into belgrade region. so the hope is that they ukraine and them, they could force russia to um, to pull back some of its resources that don't know attacking easton ukraine. so this will probably, this is probably the idea behind those attacks on the key o

quotes for us to get ready for us to get away, put them in front of me, the stimulus continues for cisco, but also do some shows the video of the school from sofa sense music, videos, new exclusive 10 years funding look up. and you would just send you the because the new carpet used to be stuck with us on google. so 30 to the on the gosh, the center partners go to the shelves, obviously, to green support. anyway, so the goal of the luxury of contributions of these could literally just walk with mileage and what are you hoping model is the new model. so source to a surface villages to receive my original. so let's see if any questions the solution that way as my life and this is a bunch of interest to you. the the 1834 france invaded algeria and straight away the french started inhabiting it to strengthen their position. the column is known as the new wires took the best land from day one. the local population was put into an unequal position and was briefly exploited. this caused them as discontent. the people of l g area began their long term fight for independence. in 1954, the banner

. >>> a lot of questions swirling around a sample cisco nonprofit after having to close while being hundreds of thousands of dollars in debt. the fingers that are being pointed and what happens next? >>> we are currently tracking a storm system that is starting to slowly move towa rd democrats agree. conservative republican steve garvey is the wrong choice for the senate. ...our republican opponent here on this stage has voted for donald trump twice. mr. garvey, you voted for him twice... as your own man, what is your decision? garvey is wrong for california. but garvey's surging in the polls. fox news says garvey would be a boost to republican control of the senate. stop garvey. adam schiff for senate. i'm adam schiff, and i approve this message. what do i see in peter dixon? i see my husband... the father of our girls. i see a public servant. a man who served under secretary clinton in the state department... where he took on the epidemic of violence against women in the congo. i see a fighter, a tenacious problem-solver... who will go to congress and protect abortion rights and our democr

measure e, police rules, the mayor has backed this one, yes, sam cisco saying yes, get rid of the redtape the cops put the bad guys behind bars. >> measure e and f are big for the mayor, we will continue to follow the. >>> the votes are still being counted, we will update you on big races coming up including two congressional seats that are still >>> welcome back tour special coverage of super tuesday, we are going to continue with some of the results as they come in. >> a lot is happening at this late hour. with check in with some of the big races, with high-profile candidates, a lot of money being spent. the senate race to replace dianne feinstein, adam schiff and republican steve carvey -- steve garvey are the top two vote getters tonight. they will now advance to the november general election. the first time since the 1990s that california will not be represented by woman in the u.s. senate. >> another high-profile race, another big money raise, still developing at this hour, the question is, longtime congresswoman. retiring from politics, district 16 from the peninsula in south bay.

put them on friday, the stimulus to get in just for the cisco which is the video of the school. so, but i'll send you some videos new exclusive funding like got the new would you have to send you the because the new covers east stuck with us on google. so 30 to the kind of specific partners copay for the shelves. obviously see the particulate move it looks at the globe and he loves you because because of the level of the box with mileage and what are you hoping model is the new model. so source to a surface villages to receive my original sleep as much i. so this is the question, is the solution with my us, my life and this is the bush of interest to you, the the, [000:00:00;00] the, it was a major issue. they probably be doing it by giving me a conditional insurance little up. i need to push it the code and because of that move. sure. so give it to go see if i can get the messages up. okay. so should the cases i chose, customer care them and then i just need somebody to spell the name. she goes to the doctor on the plaza road. lemme you know what that was. returning your past,

smoke new quotes for us to get ready for us to get away, put them on the some of the didn't just full. cisco must also do some shows. the video of g is coupons, surplus of videos and exclusive. oh goodness, kind of funny. and i've got then you would just send, you know, multiple because the new carpet used to be stuck with, with some of the girls that, that he did on the gosh, the senior partners, cruelty for the shelves. obviously, few grains of work anyway. so the goal that he gave could you because of this could leverage the boss with model is what he opened . the model is the new model. so so, so, so, so just to receipts my original. so let's see if we get questions. the solution with my us, my life, and this is a bunch of interest. so pretty the the, the, any work in syria in yugoslavia they would know decisions of the un security council. the united states released this payment from the bottle itself. and when rush, i began to protect the people in done, but why is this thing not allowed for other countries? flattery and jose and goals that washington for a separate critter who doubles

but then we started the some of the didn't just full. cisco must also do some shows the video of g as cooper on the soap exclusive 5th graders funding lock up. and you will get us over to send you what the product is. the new campus east or stuck with lesson with google. so $32.00 around the gosh, the center partners with the shelves. obviously, super reading this report anyway. so the goal of the flow gave cuz because of these could leverage a gift. walk with model is what he opened. model is the new model. so those 2 of surfaced villages to received my original. so let's see if we get questions. the soldier, the way is my life, which is a bunch of interest to you. the, the, the the, the the, or the whoever in the world and knives and support. so i once independent will get voted for playing with for you and sees the, with the fruit of their own doing face things topped it, says the strong, the, the walls commitment to the one china principles the rates. so it's a guarantee of piece subbing into damage control taiwan issues that were opening up part of g. after and snape, a minister

cisco comes to mind, others as well. is that a fair analogy to today's market, or is today's market sufficiently different that we needn't worry about a bubble and a bursting of the bubble? >> the biggest difference today, these are much higher quality companies than what we saw in 2000. not in terms of their future prospects. cisco turned out to be an incredibly strong company and has a very long record of success. nvidia is making tons of money. microsoft is making tons of money. these are huge companies at scale that are high quality and very long track records of execution. as a result we don't think valuations are quite as stretched as we saw then. we're approaching that rather than saying. >> where should i put my tax money to work? >> there's a lot of opportunities beyond the u.s. large cap sector. whether that's u.s. small caps, where i think if you really focus on profitable names, they're trading at a large discount. you can see that in tech, in other industries as well. japan has had an incredibly strong year

you are urged to contact sense for cisco pd with any information. >>> police are investigating it as attempted robbery turned homicide. we spoke to the victim's neighbor who was home when the shots rang out. >> i am shaken to the core, i have never seen a murder. >> reporter: susan lives at the woodcreek apartments on pleasant hill, yesterday's homicide scene at the complex was a first and when she walked outside she was stunned to see it involved her beloved next door neighbor. police identifying the neighbor as 63-year-old peter. police say he was the target of a robbery. he delivers packaging materials to cannabis dispensaries and to suspects tried to rob him while standing next to the delivery fan and it led to both parties firing shots. >> the victim did have a concealed carry permit issued by the county. >> reporter: he died at the scene, one of the suspects was also shocked and taken to the hospital where he died this morning. the second suspect fled the scene and has not been identified. the incident is adding to growing concerns by neighbors and it comes to crime in the area

but the most likely the most useful cisco shows the video of g is coupons surplus of the exclusive kind of funny. and then you would just send, you know, what the product is, the new carpet stuck with. what's the gross of $32.00 on the gosh, the senior partners, cruelty for the shelves. obviously, few questions about getting my boot the dish. so the goal of the, let's see if could, should be some of these could leverage in the box with mileage. and what are you hoping model is the new model. so source to the surface villages to receive my original. so let's see if any questions concerns you with my us, my life. and this is a bunch of interest to you the the soft uh, meg st plan. one is the ultimate goal is as good for the pounds or new charges are getting some of these, the bolts, genocide case and colors as the red offices and dropping aid in gaza will not let the advisor in twice dealing with the process that are in addition to sustainable supply the required quantities of concern hays need the food to the vast majority of the population in yeah. hello, choose a rescue effort to say t

you just reach the town named connie, you said completed the cisco. you say you please call me if any guns got some photos of google do secure on print to that. i was wondering please the and some of the surely you remember the name connie pole? this was the scene of your biggest domestic or so what is the present stilton opinion coordinate is the great grand side of the room. this is face to name his grandfather, who was there was a child, told him the story about how much you're going to contribute to onto a non cabinet to dallas. and which i do in the come up with a to get new bus. nobody i, when did you want to do? i know who to and i could get a visit with a lady or 2, which is c a the in see cuz the whole so i kind of use a map and so i'm gonna show it to you as well. so if you don't with guys, you guys think of, you know, like i have a the big ramada does have to listen to me knowing that when they were gonna have to i'm kindly low and the agency these feel like, you know, because that is why it's g e o, or on the behind the walls, weights and

. >>> open house, a separate cisco nonprofit that serves lgbtq older adults also received $2 million, and are also on the list , oakland-based organization community united, and the hackley hood organization, focused on criminal justice and helping use of color back into the tech industry. >>> coming up tonight at 5:00, it is a statistical tie. the nailbiting race to get into the runoff to represent the bay area in congress. >>> five states have primaries today. what the results could mean for the presidential election, november. >>> march madness. do you feel it? if you think you know what team will come out on top, you could win $1000. just go to our website, kpix.com, and join our bracket challenge. >>> in the south bay, it is a nailbiter in the race to see who will compete in november to replace congresswoman anna eshoo. sam accardo securing the top spot, but joe samiti a and evan low are still neck and neck. each with just 60% of the vote. we will continue to follow updates. >>> presumptive gop nominee, donald trump , is expected to easily win his party's primary in five states t

we own cisco now and i bought it at $18 and it's in the 50s. cisco right now is 30% lower than it was 25 years ago and 25 years ago it's not like its business deteriorated and revenue, earnings, it's a great company. what's the problem? it was just too expensive. i'm a child of the late '90s. i grew up professionally managing money there and i see in nvidia some of the same risks that played out there, john. that's the story for us. >> all right. david, appreciate you joining us here on "the exchange." >>> let's talk energy now, oil prices up 20% with brent crude hitting had the $86 mark for the first time since november and this comes as s&p global kicks off its energy conference and let's head down to houston, texas, where our brian sullivan is standing by there. brian? >> again, jon, thank you very much. in fact, i mean, thbis is reall the epicenter of energy of the world right now and welcome in shoal ceo sewell. it's nvidia and they have a huge conference and jim cramer will be sitting down with the ceo and i bring nvidia up because ai is

cisco was hit and killed by another car.ave wanted in sideshows, but they don't understand why anybody wouldt& chase after them for something that costs about $30. well, oakland investigators are searching for clues in a deadly shooting at a gas station. it happened early saturday morning at the kwik save gas station at east 12th street. that gas station has been the site of thm has not been released, and there's no word of any arrest. time is 523. oakland police also are investigating a shooting where three people were injured sunday morning. it happened at a homeless encampment on 47th avenue near east 12th. police say the three people were taken to the hospital the last time we checked, they were in stable condition. investigators say the victims and the shooter had been arguing, but they didn'túsay if any arrests have been made. if you have any information about this case, call oakland police as well. the mayor of oakland is expected to introduce the new police chief to the public this week. mayor shang tao announced on

cisco is still valid when your thought is really not the one that images, the collections and up in humans. those money will open it up in the story. i think he was a little escape where he did the for the most money, the visions solution. so she who is at risk the destination. uh, this pony is a with little disappeared. oh no. so based on the low july make a vehicle. uh, both of this does need to be most ashamed with the last name is i'll shoot you a j. the 78 by the condition of the interest to many gentlemen i will do, i am the same for 200 on the opportunity, but the custodian, the just the but the which the business as well it's by them couldn't resist any units would be significant. and what's the year? 2000 is some year to move these maya of the community this year and june the 5th 1000000 is a way to be more dish. yes. pull those. i think you know it leaves though. i mean that wasn't showing us that most user was me wondering if there's really no on the which was the boys and i always use the system of these different mileage, 31 and almost a boise so the come spark does come out o

let me give a special thanks to amazon, cisco systems, cognizant, erickson, mastercard, meta , nielsen, salesforce for their sponsorship of today's program. i will now ask you to silence your phones, turn off your ringers, but don't put them away. we will invite you to share the intersect experience with your audiences. tweet, post, and engage in social media however you like as we move through today's programming. you'll find us on twitter and at the intersect 2024. go ahead and post away, all day long, please. we will be doing digital pulse throughout the program. you will need your phones to participate with those. we have instructions showing up as we go. you can go to the pigeonhole web address and enter your code to join. submissions will be anonymous. we appreciate your participation. let's get the ball rolling. it is my pleasure to welcome jason to the stage. he is the president ceo of iti, our fearless leader, will be introducing our keynote speaker. jason? [ applause ] >>> thank you for getting us kicked off. hello everybody, it is so great to see you. i cannot see any of you

so it gives me an odd not cisco is still valid when your daughter is really not the one, the image is the government to the human so somebody will open it up in stone. you think you were some little escape or she did the for the nationally the visions solution so she who is at risk. the destination uh was bonus, who is little disappeared on the list. so based on the low july vehicle a vehicle. uh, both of those guys and it would be mostly shamsie. last name is i'll shoot you a gauge and controlling those that have so many inputs on the condition of the interest to me. i don't think i will do. i'm the same for 200 on the opportunity, but the custodian, the if you do it the but the, which the business as well. it's by them composition in units would be significant . and what's the year? 2000 is less than a year to move these more you of the decisions that these you june. the 1st issue is or would you be with dish? yes. all those i think you know it leaves though. i mean that was an issue and i should, i must use it was me wondering if it visually was know on the beach boys singled and i

it will be breezy at first pitch, par for the course and stadiums and cisco, mid-50s when the game will be wrapping up. >>> with look at the allergy report, the allergy report is interesting, because this may be the one element that gets better when it rains. washing allergens out of the sky. pollen count is very hard today. medium to high on wednesday, thursday night and friday, we are back down into the medium-range. sometime this afternoon, some of you in san mateo or santa clara county may get less sunshine than your friends in the north bay, and none of us gets unsigned tomorrow because the storm is poised to move in. we will enjoy the dry weather today, this is futurecast, hopefully what our clouds will look like for the next few days. by wednesday morning, late drips of rainfall in the north bay. the northbay will get most of the rainfall until again about this time tomorrow. things get more organized then, with yellow and orange on the map here. rolling through wednesday evening, that is when the rain stretches out into the east bay, and also the south bay. rain is coming, and n

look at cisco. cisco's been kind of dead in the water. hasn't been a disaster, but it's a case of a company that's been trying to transform itself. i know this story, because i'm long, and it's really lagged. and the software and security dynamic of their business, which is high margin and recurring revenue, and annuity dynamics, have really not gone so well. intel, we talk about them all the way, not cheap, by the way. certainly on a multiple. maybe underowned, which is why i own it. i think they're starting to come through on a product base. it's a fascinating time. when i don't think that a lot of the market is all that expensive, and yet, if you look at the top of the tree and those names are very expensive. >> i was going to say intel, too. it's not that exciting. when they reported in late january, they missed, they guided lower, the stock was down 12% in one day. it's been kind of range bound here. and i think your point is a good one. it's expensive right now on current estimates. if those estimates start to go higher -- again, lo

cisco in los angeles. a big resg plan.o lax route is just one of several the airline is cutting. it's also reducing the overall number of flights out of lax and will leave kansas city entirely. jetblue says it is prioritizing better performing routes after needing to ground some of its planes for inspections. well, billionaireúphilanthropist mackenzie scott has made a nonprofit. scott the former wife of jeff bezos, announced the recipients of her latest round of giving this week 361 nonprofits receiving $640 million, one of them is the north bay organizing project, based in santa rosa. it's receiving $2 million among other things, the group says it will help tenants with emergency rental assistance. it also advocates for police accountability and assist undocumented immigrants. scott is worth about $35 billion. she has committed to giving away the majority of her wealth to charity. governor newsom was among the many leaders wishing former sanúfrancisco mayor willie brown a today, the goverr tweeting this message happy birt

not cisco is stumped on you and your daughter is really not a one of them. is this the government and up in humans there's money and will over to do things just don't you think he was a little escape or he did the for the most money the visions solution. so she's a little over the risk the destination. uh, was pony is a with little disappeared. oh no. so based on the low july vehicle a vehicle. uh, both of this does need to be most ashamed of g. last name is i'll shoot you a j. the 78 by the condition of the interest to me and don't look i will do. i'm the same for 200 on the opportunity but the if you do it the but the which the business has, well, it's by them. couldn't resist any units, would be subject to predict what's the year 2000 is less than a year to move these maya again this year june. the 1st 1000000 issue is there would you be more dish hillsboro those he just leaves though. i mean that was an issue and that must be if it was me wondering if it visually with no on the beach boys. they told me that i was in this the system of disease. and almost

those are connections or some kind of should not say as well, but again, you know, so it is in a not cisco is still valid when you thought it was really not wanting to introduce them. clements and up in humans. those money will open you up and starting. you think you were some little escape or he did the for the most money the visions solutions. so if she was the risk the you know, come submission. i was bony as a was good, little disappeared on the list. so based on the july make a vehicle of both of this guy's name, be mostly shamika. g last name is i'll shoot you a j, the 78 by the condition, and it's of interest to me in doing that. i will do, i am the same for total. no, by giving you. but the if you do it the, the which the business has what's by them composition units would be significant, but there was the year. 2000 is just me or 2 of the union this year. and the 1st issue is there would you be more dish hillsboro? those, let me give me the age though. i mean that wasn't showing us that much easier. was me wondering if the visual no on the beach boys singled and i was use the syst

not cisco is emma. sometimes when your daughter is really not a one, this them collections and up and humans, those money will open you up in stone. you think you were some little escape or she did the for the most money, the visions solution. so she who is at risk the destination uh was pony is a with little disappeared. oh no. so based on the low july vehicle a vehicle. uh, both of this goes nearby was ashamed with g. last name is i'll shoot you a j the 78. but it's on the condition of the interest to me and don't look, i will do, i am the same for total. no, by giving you the category of the just the but the which to be seen as well. it's by them. composition units would be so just as important was the year, 2000 is less than a year to move these maya again this year june. the 5th 1000000 this year is a way to be more dish. you know, all those i think is my work mostly age though. i mean, that was an issue and that must be if it was me wondering if it visually was no because on the beach was the boys