the biggest balance sheet of all of them, and deidre mentioned, is not there apple.report after the bell dead dre, is there a scuttlebutt out there in the valley, bay area, about apple and its a.i. ambitions, what it could look like and coming quarters and years? >> i don't think that anyone doubts apple is going to be a player here. you had tim cook referring to its secret car project saying it's the mother of all a.i. projects it's developing its platforms. the four players being used today, bard, microsoft, chatcha. you'll want to watch tonight what apple, what tim cook has to say about their efforts. i think it was only mentioned five times on the last earnings call but you can bet it's going to be mentioned today. >> i think it was mentioned dozens of times between microsoft and alphabet >> dozened and dozens. see you soon. >> paramounting problems see what i did there is this a bad omen for the streaming industry overall plus, macy's shares lower today. working on a big move away frth strategic markets. as sleek as it is spacious. as smart as it is beautiful. i

from the back end front and center >> deidre, thank you deidre bosa at the google development conferenceou have a trade on for this >> yeah, when google sold off when all this microsoft went off, i went on the 110 that expires next friday. it was a good day to take it off. i liked so many things about it that i liked i liked that they actually had something big and, you know, showy, we always joke about, you know, the a.i. pixie dust being sp spread around, google can't find any -- they found it today the yadidea that google has notg in a.i., that's absurd here they were proving some of that some of the things were interesting and fun some of them were kind of -- the forced clapping by all the developers there, when the fondue pizza, or the writing the children's -- >> what's fondue pizza >> it's a whole thing -- >> and why don't they serve that to us here >> they might. >> sounds good >> some of the things about the phone, i thought there was interesting elements and they tried to be mindful of the -- wanting to protect your privacy. so, one of the things that i found was interesting wa

deidre bosa has the biggest headlines from google's event.esident is in the new york area he was upstate talking about the debt ceiling there's some suggestion he's showing a willingness to discuss possible budget restraints he said, america has the strongest economy in the world, but we should be cutting spending market may have moved a bit on those kmcomments we go to close, the dow fighting, but the s&p is nicely positive. >> around that and today's inflation numbers were consistent i see it just as a reason to turn the dial this much in the direction of maybe there's a way where this turns out in a benign fashion for a while. i think we got stuck in this mode of feeling as if it has to be a hard landing or soft landing. we have to know exactly. in reality there can be these equal moments where the fed isn't fighting you and the economy hasn't fallen apart and the market does what it does and you get excitement about ai over here and the banks don't go to zero tomorrow and you have a lot of give and take that's keeping us in this range you

deeri deidre, thank you. >>> coming up, lights, camera, action a big push to turn las vegas into the next hollywood. what if we live to 100. i don't want to outlive our money. i keep eating all these chia seeds. i could live to be 100. we work with empower, even if we do live to 100 we don't have to worry. eh, not worried. take control of your financial future to empower what's next. >>> got to check on oil. down 10% >> yeah, worst month since november 2021. it is off the loews ws of day. this is following weak data out of china manufacturing contracted in may which called into question the narrative about the rebound in chinese manufacturing. not only oil copper is on pace for its fourth month since june and just now citi released their new copper outlook and they think that prices will rise by 50% by 2025 thanks to the demand from decarbonization, that is their base case scenario bold case is that prices double. and they have been cautious on other commodities like oil so the fact that they are really saying that copper prices are set for a huge run -- >> i thought copper was relat

back to you. >> yeah, deidre, thank you julie, that's not the kind of stock people in general want to be in, this kind of rising rate environment, to sacrifice margins to gain share because you're in growth mode? >> yeah, it's like 2021 all over again. i think lyft has a lot of problems, right? the fact they are having to plow money back into both the drivers and rider incentives tells you that the stent of their network is very, very weak and this business model is entirely dependent on the strength of their network. and so, until they're able to really restore that, there's no interest on either side. trying to just chase after that business with zero profitability is not going to help the stock, that's for sure. >> uber shares not moving in the afterhours session i heard those words and i got worried about both of them, tim. >> no, this is -- you know, this isn't macro issues that we're confronting in covid, even regs. this is a lyft-specific story. q-1, they saw ride share grow in that quarter that's good news are they still losing market share? that's the real question and right

deidre bosa has the details. >> reporter: this is interesting.s is not an active investor this is a south side research firm looking for answers they say they wrote it in response to what they say the magnitude of inbound calls about the firm and to tell paypal's board there's investors that are seeing better metrics, but don't want to jump in because of the uncertainty. paypal is in limbo we talked about its profitability, but thought to be less exciting and innovative that's a problem because paypal was once a darling it was worth more than $350 billion in market values. if you went into it even further since it separated from ebay in 2015 it has underperformed in s&p 500 and nasdaq one of the biggest pandemic stories and one of the biggest jumps and it's come down a lot from there on the latest earnings call there was no update on who is going to be the ceo. >> you used the words in limbo gordon haskins called this a lame duck stock because the very issues in which you're talking about. also wondering whether elliot, the activist who was there

minutes" warning about the ai dangers and turning to what else they might have on the table, i guess, deidreletter to meta he has people's ear in the valley he has people's ear in tech, and you wonder if the response from google will be as humble as the respond from zuckerberg was. >> he's not the only person speaking like this he's disappointed that sundar pichai hasn't done more. sundar needs to do a little bit more that said, it is still extremely, extremely early and there are some things that senator pichai and alphabet is doing like bringing its deep mind into the fold, restructuring so that they can do more. so there's still time, there's still space and this is going to be a long runway for alphabet to catch up here and it is remarkable that we're saying catch up where it was thought to have had the lead for so long. so we'll see lohow it all shake out and many call it an existential moment and going back to the fact that i'm using generative ai. >> i was going to ask what you were using it for. was it stock queries >> i asked if it was a public company. it was a public company and b

deidre here, who works with you as a volunteer is with us.incoming president. next week she will be our president. just your impact with the community with what you give to our team, leadership development, all the things we stand for as an organization. we are so grateful for you and we are excited about you leading our chapter. [ cheers ] >> yep. >> and, guys, just to make sure, in times square, are you feeling the love there in new york as well? >> great story. >> we definitely feel the love here. kristin clearly, she's a rock star. no other way to put it. whit, you're not done. don't you have is a few more surprises for kristin? >> oh my goodness. >> we've got more surprises. this is good morning america. [ cheers ] because of all the great volunteer work you do, mars incorporated was inspired by your story, they're donating $10,000 to the united way. [ cheers ] and, there's more. another $10,000 to jack and jill of america. yes! [ cheers ] ♪ kristin, all the hard work that you do can go even farther now. >> i love it. >> how are you taki