adam neumann joins us now, along with deidre bosa who is in ft. erdale, florida for flow's initial launch. deidre? >> tyler, thank you very much. adam, sit nice to see you. thanks for welcoming us here for launch day. you're launching your new venture today, flow. i know you've been heads down over the last few years concentrating on developing it. i want to get into we work, which i know you're trying to buy back. but i thought we might just address the elephant in the room. some people might be surprised to see you on our screen again. what are you going to do differently this time around? >> first of all, thank you very much for coming down here to flow ft. lauderdale. it is an exciting day for us. but let's start with that. we built a global brand, we had over 10,000 employees that were so passionate. we helped redefine a category in every single thing we did had to do almost anything and everything with community. i am the kind of person that learns more from their mistakes than from their successes. so all the great things we did in the past

deidre bosa has those details for us in today's "tech check.. >> tyler, you picked up on what i thought was the most interesting part of that memo, where he says in no uncertain terms, this is a business. now, it was an indirect way of speaking to the events from earlier on in this week, when a group of employees staged a sit-in across a number of google offices, including one in its cloud ceo's office, they were protesting more than $1 billion israeli cloud contracts, 28 employees were almost immediately fired. in that memo, he says google is not a place to act in a way that disrupts workers, co-workers or makes them feel unsafe and to be clear, this sit-in was a new level of disruption that led to arrests but what's important here is he went on and said google is not a place to "use the company as a personal platform or to fight over disruptive issues or debate politics." and remember that google has built on this mantra of don't be evil the idea that ethics and business go hand in hand in the age of ai, we are seeing this narrative change. t

i'm deidre bosa in for kelly evans. here is what is ahead today.cks are under pressure, as yields, gold and oil hit highs, with the action, the story and the trades to make against this backdrop. plus, the fed getting ready to speak this hour, as the market is coming to terms with fewer rate cuts. one of our guests says it's about time. here is here. and tesla down more than 5% after deliveries fell below, even below analyst estimates. the stock is now down more than 30% this year. but we begin with today's markets, and dom chu with the numbers. dom, it is tech taking it on the chin. >> it is. it's consumer discretionary particularly because of that tesla trade. check out the dow industrials down by about 450 points, 1% drop. it was down over 500 at one point today. the s&p 500 is at 5198, down 45 points. almost one full percent. at the highs, we were down 39 points and 59 at the lows. a decidedly negative day. tesla is a big part of that story. the nasdaq, down 177 points, 16,219 the last trade there. that consumer discretionary trade, one of the

i'm deidre bosa in for kelly evans. and here is what is ahead.oday. our market guest is bullish on both but sees a less than rosier picture for the broader market for the next decade. here's here to tell us why. and ai a jobs creator? and a productivity booster, but he's warning of one thing that could get in the way. and you know him from "shark tank." matt higgins is also here. and fresh of

i'm deidre bosa in for kelly evans. and here's what's ahead on our show. cpi coming in hotter than expected. yields are dumping, stocks are falling and so is the probability for a june rate cut. but our market guest is here to tell us where he sees opportunity. and our trader says what is going on with nvidia is very strange and he's here with how he's positioning. >>> google

deidre bosa is here to break down those for today's "tech check.re's so much news in miami for the emerge conference. ai is all everyone here is talking about. the big takeaway is that the race is on this is happening faster than ever it's more competitive than ever. number one headline, microsoft they have poll position with this ai partnership, but the regulators are not backing off so will that hurt microsoft in the next stage of the race google is restructuring around ai, and it's streamlining its business to "improve velocity and execution. a memo today to staff underscores this new tone that we've been hearing from other google executives. point blank, it is going on the offensive. and the thing that you mentioned, tyler, that is the most interesting today comes from meta. it will be integrating its system into its family of apps, facebook, instagram, whatsapp, messenger, there's also a brand new landing page for its chatgbt meta.ai. that's symbolic of meta jumping in this race saying they're going to compete with the google, amazon and micro

i'm deidre bosa in for kelly evans and here's what's ahead and the market has been resilient with moreme down to one chart says the market guest and she's here to tell us what she's watching and plus secretary yellen is in china. we sat down with her in an exclusive interview and why our guest says investors should prepare for rising tensions. and the three buckets of a

i'm deidre bosa in for kelly evans. and here is what's ahead.es to pick out of the mag seven, and the names and areas beyond big cap tech where he's seeing opportunity. and plus, as we are gearing up for bank earnings, we are checking in with someone who runs the bank and has helped run some of the biggest tech companies. she's looking to transform the banking industry. she's here to tell us how. and ahead of cpi tomorrow, inflation concerns not slowing

i'm deidre bosa in for kelly evans. here is what is ahead today. the dow is on pace to snap a three-day losing streak of ahead of tomorrow's key labor data. what happen it is the jobs numbers misses consensus in either direction? we'll game out all the possible scenarios for the fed and how investors should position. plus, disney notching a win ag

deidre bosa has more on that >> that algorithm is all that matters.s algorithm is a black box, but it's also the most important thing about the app. now, without it, any financial buyer is buying something with a lot less value many have tried to get at the source code, and while some have revealed its strategies, broad stra strategy, none have been successful at uncovering the actual detailed workings the company, like many tech companies, keep this algorithm process confidential what we do know is that it uses a combination of machine learning techniques and user behavior analysis to optimize delivery the new york times in 2021 got ahead of an internal document called tiktok algo 101 that outlined four main goals user value, long-termer user value, creator value and platform value but tiktok, which did confirm the authenticity, said it was written to explain how the algorithm works. so in other words, no source code and another big part how tiktok has remained on top, and you can see here, continues to keep users engaged better than copy cat apps li

i'm deidre bosa in for kelly evans. here's what is ahead. another strong jobs report. us what she expects from the get going forward. >>> one retail stock well p positioned for gains. we have the name and how much updied. >>> and higher for longer. that is not an issue for the ultrarich. they are scooping up properties in one market in particular. we'll tell you where

deidre bosa is looking at that for today's "tech check." >> we are in the midst of a new path x souper cycle driven by te ai computing ramp. this chart puts it in perspective. it shows capex spending with amazon, which reports tonight. so for 2024, spend was expected to grow 26% year over year collectively. the orange part of that line. but look at the yellow part, that's the revision, revised up to 44%, getting closer to the last super cycle around 2018. now, i want to show you what it looks like when you overlay revenue growth. it's less than half of what it was back in 2018 when the mega caps were growing at a much faster clip. it's been revised up this year by just 3%, sure. but that's a drop in the bucket versus the 40 percentage plus capex growth. what does help the case for amazon is profitability. it is expected tohave spent more than anyone else this quarter on capex, but the net income has improved significantly under andy jassy's leadership, which could soften the blow of higher spending like it did for google earlier this week. it's just amazon and tesla without capital ret

i'm deidre bosa in for kelly evans. and here's what's ahead on our show. march cpi coming in hotter than expected. yields are dumping, stocks are falling and so is the probability for a june rate cut. but our market guest is here to tell us where he sees opportunity. and our trader says what is going on with nvidia is very strange and he's here with how he's positioning. >>> google unveiling a new chip and calling out the competition. don't miss my interview with google's cloud ceo. it's some of the strongest language we have heard from a google executive. >>> we begin with dom chu and the numbers. >> it's not a good day for the bulls out there. it's red across the screen, but we are, dare i say it, off the session lows. here's what i mean. the dow, down 430 points, roughly about 1% declines there. 38,455 is the last trade. the s&p 500, broader measure of large caps, 5160 is the last trade there, down roughly 50 points. and to give you an idea of the range, it's been down all day. even at the highs, we were down 31 points and down roughly 65 at the lows. t

i'm deidre bosa. we have a very big hour on deck for you.re's disney shareholder meetings just kicking off. the battle over the board room, that's about to be decided. we'll bring you all of the twists, the turns, the final tally when sit in, and what the results mean for disney's future. and alphabet's ceo is speaking this hour. we are monitoring that for any stock-moving headlines, and then david einhorn takes the stage. you just heard scott talk about that. you'll see it right here. we begin with the markets. dom chu has those markets. dom, good news. >> maybe some good news over here, deidre. take a look at this. the markets are green across the board for all the major indexes. the dow up about 0.2 of 1%, 39,229. the s&p 500 up about 18 points, 1/3 of 1% gains there. tilting towards the higher levels of the session. we were up 23 points at the intraday points and down 11 at the lows. so there's your range in context for the s&p. the nasdaq composite, the tech heavier index, up one half of 1%, 16,322 for the nasdaq. up about 82 points. on

i'm deidre bosa in for kelly evans. here is what is ahead today.cks are higher across the board. the dow is on pace to snap a three-day losing streak of ahead of tomorrow's key labor data. what happen it is the jobs numbers misses consensus in either direction? we'll game out all the possible scenarios for the fed and how investors should position. plus, disney notching a win against nelson peltz. bob iger reassuring shareholders the board is laying out a plan. but peltz telling cnbc that he has seen all this before at the company. so could disney get the magic back? we'll discuss that, too. >>> plus, the magnificent seven is up nearly 2% today. tech is outperforming. we have a rare interview with trace stevens. he'll give us his take on the market and what's next for ai. >>> we begin with market action and over to bob. some optimism ahead of that big number tomorrow. >> yes, there is. just off the highs oh of the day, and it's broad-based rally, 3-1 advancing to declining stocks. a lot is on cyclical stocks, not tech stocks. the dow jones, positiv

i'm deidre bosa in for kelly evans and here's what's ahead and the market has been resilient with more hawkish fed talk. that could come down to one chart says the market guest and she's here to tell us what she's watching and plus secretary yellen is in china. we sat down with her in an exclusive interview and why our guest says investors should prepare for rising tensions. and the three buckets of ai and one value pick for each. that is all ahead, but we will begin with today's markets, dom chu with the numbers. hi, dom. >> so dee, they're green and they're modest moves and to kind of put things in context. we're just about 0.2% for the major indices and the s&p 500 at 5211 up seven points and we are up roughly 15 points and we were down seven points at the low and that would give you the trading range so far today and the dow industrials, 38,943 and up 0.1, and the nasdaq composite up 16,277, up 28 points and 0.2% gain there. markets at this hour, green, modestly so and one place we're keeping a close eye on is the semiconductor space and it's not just the chips act funding grant fo

i'm deidre bosa in for kelly evans. here's what is ahead. another strong jobs report. our guest will tell us what she expects from the get going forward. >>> one retail stock well p positioned for gains. we have the name and how much updied. >>> and higher for longer. that is not an issue for the ultrarich. they are scooping up properties in one market in particular. we'll tell you where. we have one of the power brokers behind some of those big deals. but we begin with the markets and dom chu with the numbers. good news and good news. markets could still likely notch a likely loss. >> so deidre, to your point, it's strong green across the board right now. so strong that we have now put yesterday's downside volatility squarely in the rear-view mirror. by that, i mean, the s&p 500 is currently trading at 5221. we closed on wednesday's session before the selloff on thursday at 5211. so we have now gotten back every single nickel that we lost during yesterday's market selloff with today's rally. the s&p is up 1.5%, 73 points, a session high right now. even tat lows, up te

i'm deidre bosa in for kelly evans. and here is what is ahead. banks and energy are in focus today. our market guest is bullish on both but sees a less than rosier picture for the broader market for the next decade. here's here to tell us why. and ai a jobs creator? and a productivity booster, but he's warning of one thing that could get in the way. and you know him from "shark tank." matt higgins is also here. and fresh off my interview with former weworks ceo adam neumann, i would ask him if he would invest in that new venture. we begin with dom chu and the numbers. we are drifting close to the session lows. >> just about there right now, deidre. it's been deteriorating throughout the course of the last couple of hours here, and as deidre points out, session lows right now. i'll take you through the broader cap s&p 500, which is down 75, 76 points, down 1.5% overall at 5123. so, again, this is the session low right now. we were still down 24 points, even at the session highs, so that gives you an idea of how far we have drifted to the downside

i'm deidre bosa. we have a very big hour on deck for you.eholder meetings just kicking off. the battle over the board room, that's about to be decided. we'll bring you all of the twists, the turns, the final tally when sit in, and what the results mean for disney's future. and alphabet's ceo is speaking this hour. we are monitoring that for any stock-moving headlines, and then david einhorn takes

i'm deidre bosa in for kelly evans. here is what is ahead today.der pressure, as yields, gold and oil hit highs, with the action, the story and the trades to make against this backdrop. plus, the fed getting ready to speak this hour, as the market is coming to terms with fewer rate cuts. one of our guests says it's about time. here is here. and tesla down more than 5% after deliveries fell below,

i'm deidre bosa in for kelly evans. and here is what's ahead. we have the three names to pick out of the mag seven, and the names and areas beyond big cap tech where he's seeing opportunity. and plus, as we are gearing up for bank earnings, we are checking in with someone who runs the bank and has helped run some of the biggest tech companies. she's looking to transform the banking industry. she's here to tell us how. and ahead of cpi tomorrow, inflation concerns not slowing down norwegian's plans to expand. the company just placed its biggest ship order yesterday. the ceo will join us live with the details and what he's seeing from the consumer. we begin with today's markets and dom chu has the numbers. >> so inflation concerns, as you point out, are part of the market narrative ahead of the inflation figures coming out later this week. we are seeing a decidedly more negative tope in the markets. the benchmark s&p 500 is at 5185, down about 17 points. at the high point today, we were up 22 points on the session. down roughly 42 at the lows. so