i'm deirdre bosa. ma% of those promotions. i'm deirdre bosa. smags women ma 1% of those promotions. i'm deirdre bosa. imags women ma 1% of those promotions. i'm deirdre bosa. amags women man 1% of those promotions. i'm deirdre bosa. nmags women ma than 1% of those promotions. i'm deirdre bosa. women make up% of those promotions. i'm deirdre bosa. but just 5% of svp's ascend to >>> after a tumultuous start to the weekend at pga championships, the attention turned back to golf and what was a thrilling round. xander schauffele won his first major. welcome and congratulations. >> thank you for having me. >> oh, it's great to have you with us. i want to take you back. i was watching sunday. it was a compelling finish. you hit your tee shot within a foot of a fairway bunker. you had to take a terrible stance to get your ball in position, and you needed a birdie to win, which you got. take us back to that shot. your feet were below where you had to hit the ball. what was going through your head because i saw

thank you very much, deirdre.here did i last see a guy in a lime green jacket, sitting right across from me, by the way. wed bush's dan ives with us now. >> it was ahead of the presentation. >> ahead of the event. really good. you say there is an ai arms race going on right now. we know who the players are. how is google positioned? and how is it doing? >> i think quickly narrowing the gap versus microsoft and open ai. but this is a huge event. i mean for developers in terms of this game of thrones that's playing out. google really needs to show from a gemini perspective and from ai that they're going to be the ones that actually monetize this. at the same time, that it looks like apple and open ai are going to have the partnership. deirdre talks about the device. what's going to be the ai device. we think it's really going to be the future of the iphone. i think iphone 16, wwdc next month. so they need to make sure -- i think they're doing a good job to show search as well as even on cloud, when you think ai, you

what this means is it can have a conversation with you, sort of like you and i and deirdre are havingversation now. you don't have to ask one question, then wait for the answer and ask another question. you can talk or interrupt it if it's not giving you the answer you want or you changed your mind you can kind of ask it again and it has what's called memory, which means it can remember the previous questions you've asked and add on to the conversation that way it's also what's called multimodal, which is a term you're going to be hearing a lot as we hear these a.i. announcements coming from google and microsoft and apple in the coming weeks that means it can also interpret not just text but voice, of course, and images and kind of collate all that stuff and give you the answers you need so, really interesting the demo we're watching here, that was done, it appeared to be a live demo, and it reminded me of when google messed up its gemini demo, which was supposed to do a lot of what we saw today, but this appears faster and better it's also going to be free, and it's also going to be

deirdre bosa is digging into those investors backing the tech billionaire for today's tech check. deja vu. >> now pregen ai this is not deja vu, $6 billion for a series b round was unheard of but this is the age of the nvidia gpu and elon musk's expanding universe a source familiar with the deal tells me the $6 billion round came down to an allocation game, who got in, musk was personally choosing and could have raised more you might consider the investors that did get in, they're part of musk's inner loyal circle of backers. named at the top of the blog post announcing that round, valor and vi capital two lesser known vc names that have backed musk's other ventures and sequoia and increasen horowitz they chipped in for musk's twitter acquisition in 2022. back then horowitz tweeted we invested because we believe in the vision to connect the world and elon's brilliance to finally make it what it was meant to be. since that tweet the company formerly known as twst lost billions in value. two years in venture capital is a short amount of time it's generally more accepting compared to

deirdre bosa takes a look at that tech check.ff a low base. >> yes, it is, and what you are referring to, it is china. call it the unwiending of a trae that's worked for most of the year last year. that's long a.i., long japan, short china, and it may be even the flipping of that theme that we're seeing. look at american a.i. beneficiary chip names, amd, broadcomm, and they've underperformed to over the last month, and smic is china's largest chipmaker and it's been the big chinese internet names that have led the rebound suggesting their own a.i. trade is gaining momentum and helping hong kong to take the title as world's best performing stock market in papril. it has continued to move up another 5% this week alone, almost 5% i should say. there is almost this question of whether chinese stocks are actually investable at all because you never know what beijing is going to do. the fundamentals are building. china's a world leader from research, and from georgetown university published this week, china leads the u.s. in research i

. >>> apple is not the only company unveiling new ai hardware today deirdre bosa has more in today'sech check hi, dee. >> hey, tyler. google is taking a very different tact the latest pixel is a mid range phone starting at 499 bucks, that's cheap in the smart phone world. it includes some of the genai bells and whistles of pricier models becoming a feature of hardware ai upgrade cycles but to put this in context, this is small potatoes for google they claim less than 5% of the u.s. market. the real battleground, of course, is search as investors parse through every data point, every talking point for signs that gen-ai dominance. speaking of that, love of chat bot the comments on squawk could be fodder for the bulls. have a listen. >> i love perplexity, although kids on the west coast weren't using chatgpt or goople anymore. they're using this thing called perplexity ai. so, i, of course, tried it out and it was just unbelievable it's an answer machine, but the speed but the depth of the answers and the quality and then the fact that they give you the sources, if you want to go deeper

for heritage month, i'm deirdre bosa. ameritrade is now part of schwab.ce, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo it's time to feed the dogs real food, not highly processed pellets. the farmer's dog is fresh food made with whole meat and veggies. it's not dry food. it's not wet food. it's just real food. it's an idea whose time has come. >>> welcome back. it's time for today's ai focus three stock lunch. here with our trades is gina sanchez, a cnbc contributor. welcome. we're going to start with reddit. shares were up big aft

let's get over to deirdre bosa and she has more on what we can expect. deirdre?en a roller coaster in tech over the last 18 months. ever since chatgpt came out at times google has seen as being behind, even though developed this technology and other times, it's seen as a ahead. today is a chance for them to firmly take the lead again. one of the biggest questions as we head into this developers conference is, will google make its generative chat experience more widespread? so far it's existed as something called sge search generative experience. if you're a normal google user you might have noticed search looks differently but this is for a small group of users. the question is will they roll this out more broadly? also, of course, gemini is its model that has made huge technological advancements. will this be powering? what role is it going to play in search? google's bread and butter going forward. the other idea, guys, that has been kind of really introduced this week is the idea that generative a.i. is moving from chat bots to ai agents. we saw that yesterday

thank you, deirdre >>> a pulse on payments. we'll get an insight into consumer spending.e'll do our power check on the plus side is equiknnix. on the downed see is epam. that's your power check. we're back after this. while i am a paid actor, and this is not a real company, there is no way to fake how upwork can help your business. upwork is half the cost of our old recruiter and they have top-tier talent and everything from pr to project management because this is how we work now. >>> shares of shift4 payments are higher the company reaffirmed guidance and gave's update on potential bids to acquire another company. the shares are up about 2.5% jared isaakman is theman who founded the company when he was, get this, just 16 years old. here is our morgan brennan to bring this conversation. >> jared, thanks for being here today. i am going to start with the acquisition, the strategic review process that you gave an update on, because it came up on the conference call, the fact that the ball refused former offers you're not moving forward with any of it. what you said in the

deirdre is right. it's about the re-creation of the company's balance sheet. last year they had 3.3 billion, and now it's 5 billion. at alternative is there for the consumer. they are gaining market share. this is a company that i urge all of the viewers to look at as a staple. it's literally a consumer staple. the challenges as you move forward is on margin deterioration and not seeing the cash flow. >>> we will debate the strategy, and we have new bullish calls on citi and royal caribbean. we're back after this. at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. ♪ ♪ >>> we're back. let's hit some committee moves. things on the move today, paramount, again, berkshire is selling off of it. buffett saying we lost quite a bit of money. it was obviously a dud for them. for you, misery loves company. >> misery loves company. >> but at least they sold it. >> relentless. >> what did you w

we'll look forward to that 4:30 eastern, deirdre bosa in mountain view for us. don't forget about that interview coming up later on. jimmy, it's your biggest tech position. >> and it's easily -- i find this so easy to own it. whatever the forward multiple looks like, 22, 23 times, they have so many shots on goal here. they have the search business. they have youtube. they have google web services, wamo, everyone is trying it. maybe they'll succeed. they have other moon shots, buying back shares, actually has a dividend, and the whole thing where for many times the last year and a half people have sold the stock saying they're a laggard in a.i. is just preposterous. it's flat-out preposterous. they bought deep mine many years ago. they have the resources. and every time the stock has sold off on perceptions of being a laggard in a.i., it's been a huge buying opportunity whether it was february this year with the a.i. generator or february of last year when bard first came out and blew some question. those are buying opportunities. at this multiple with all shots

deirdre for now, appreciate it google's event is tomorrow they're still holding high above 7% and we'llhe housing trade 3on bays and a bail we're back after this, don't go anywhere ♪ ♪ ♪ ♪ >>> welcome back to "the exchange," everybody i'm tyler mathisen with your cnbc news update the donald trump hush money trial is set to return from a lunch break at 2:00 p.m. eastern time and minutes before the court was set to break michael cohen testified that he was the one who suggested to add the clause to fine daniels a million dollars every time she spoke about her story saying it was meant to ensure she didn't speak. >>> crews in baltimore today will use controlled explosions to remove the key bridge it was originally scheduled for yesterday and postponed because of bad weather u.s. army engineers have been preparing for weeks to remove the section of the bridge that came down on the dolly when it collided with the shep >>> the defending super bowl champion kansas city chiefs will start their quest for the third consecutive title when they kick off the 2024 season hosting the baltimore ravens

deirdre: oh hi! welcome to the neighbourhood.a really good window into how mainstream culture could feel strange to somebody else. randall park: "fresh off the boat" made a major impact in proving to the industry that a show like this can be successful. constance wu: still to this day, i get people on the street who come up to me in tears saying how meaningful it was seeing themselves represented, and feeling like you are a part of america. randall park: it's a part of a progression of representation in tv. dre: okay, so i'm just your standard, regular old, incredibly handsome, unbelievably charismatic black dude. this drooling, pigment challenged mixed race woman is my wife. emily vanderwerff: black-ish is a family sitcom that is interested in talking about topics of racial identity in ways that television sometimes is uncomfortable about discussing. bow: you're not serious about naming our kid davonte are you? dre: i want a strong black name. rainbow: oh boy. dre: okay, because we've given our kids white names and they've all e

here's our own deirdre bosa. >> asian americans own and estimated 3 million buzzes in the united statesnative hawaiians and pacific islanders own nearly 90,000. collectively, the group includes close to 5 million workers u.s. small business administration says that's just under $200 billion a year paid to their work forces for asian american native hawaiian pacific islander heritage month, i'm deirdre bosa (♪♪) the best way to solve a problem is to keep it from happening. (♪♪) at evernorth, we combine medical and pharmacy data with behavioral health data to identify members in need of care. predicting and treating behavioral health issues quickly... while lowering costs for plan sponsors and members. that's wonder made possible. evernorth health services >> earning a degree doesn't have to mean starting from scratch. at university of maryland global campus, it means building your next success on the foundation of life experience. umgc values the successes you've already achieved. that's why you can earn up to 90 credits from prior learning and life and job experience toward our bachelor

deirdre bosa sat down after the keynote and here with all the highlights. >> hey, melissa.s is really the biggest change to search that we have seen in decades. an a.i. overview will be the default. it will roll out to all american users of google this week, and then to google's billion-plus users over the next -- by the end of the year, rather. the technology will decide whether you get those ten blue l links or if you get more of a chat bot answer. i sat down with the ceo right after the keynote, and i asked him how this is going to change the business models. he said that both users and advertisers are going to weather this upheaval much like they weathered the shift from desktop to mobile and thinks it will be smooth. also, this week, between openai's demo and google's today, we got our first glimpse of a.i. agents. here's what he said about google's. >> i think you started seeing examples today across our keynote of what covers those capabilities. to be able to process the real world in front of you and constantly process it and answer it intelligently. we are building

d deirdre bosa has the latest. >> hey, mel.e just getting to the first question from the analysts on the call, but so far, investors pleased with the results that beat on the top and bottom line, and had a better than expected second quarter outlook. the ceo kicked off the call, he talked a lot about his strategy of customers and driving growth. it was the second-straight quarter they generated free cash flow still no timeline and gap profitability, but it's now expecting at least 70% of adjusted ebitda to convert to free cash flow for the full year 2024 i spoke to david richard just ahead of the results, and i asked him if he is seeing any signs of softness in the lyft consumer, he said, no. and in fact, looking at the ride mix, he says that premium mode is actually growing faster than the average, and this past quarter, they got an eclipse and an event bump in bookings. that helping the results lastly, mel, lyft's quarter, we got uber tomorrow morning, so, may raise the stakes for its larger rival though, of course, uber has

and so i think we'll have another quarterly deirdre soon. and so hopefully at the end of this fiscal year, we'll have a full year's information and get our plan ready for the next year. yeah. and start tweaking it, making it better. perfect. thank you. well, thank you for thank you for the report. thank you for pushing i know thank you for pushing. and, and we'll look forward to other reports. commissioner ajami. a couple of things, actually, i realized i, first of all, i want to point out one thing that you said. i think out of that 73% denial, only 21% were the ones that you need to go back to and see why they didn't fill out the form properly. right. because everybody else had there was a very specific reason they were sent a letter and said, you know, you this doesn't apply to you. that's correct. right. so that number becomes much smaller and much more doable. maybe. i mean, i do recognize there's so much else needs to be done, but i think that kind of it's a it looks much better than, it sounds if you sort of dig into the data a little

the other is deirdre gunn. man. and as i know how many of the in the field on the you know, the size, you know, if you might have some lovely minutes to play, so a box for them to few heavy as it might be in a deck as long suit ups. bosh, bosh energies of auction come. so 13th when the water be me, do i go home? see when corporate option we see sort of has the timing issue and the things i'm interested to be and get to work on this just a little by here. be deleting be sure to get the mice agent done when you me okay . we don't know why, of those will end up into a 48 to be honest if you could ever god, i witnessed, it says i saw a human being shot after being tortured and left and this in that place. so basically we're going to use that the, when you're trying to proof of crimes against humanity. and you build a narrative and a logical violence that is based on the violence of many that repeats and has on elements the they are survivors of the prisoner. so we're going to be able to establish a pattern of how those

for asian american native hawaiian pacific islandemoh,r nt i'm deirdre bosa (♪♪) iconic brands speakare so excited to welcome you to our community. today is all about you. (♪♪) (♪♪) daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable. (♪♪) wow... are you kidding me? you can do this. at truist, we believe the same is true for banking. >>> we're back we've been highlighting only every day stocks that have been on long winning or losing streaks. we do have some to highlight today. oracle, six days in a row. jimmy? >> i'm surprised it doesn't have more of a following. they're building the data centers, they're providing the cloud services that ai needs and if you're looking to play the ai trade and you feel for whatever reason you can't buy nvidia or microsoft is too expensive

reach upper management for asian american, native hawaiian pacific eislander heritage month, i'm deirdre bosa were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? why can't they use my backyard!! with empower, we get all of our financial questions answered. so we don't have to worry. empower. what's next. ♪♪ innovation in health care means nothing if no one can afford it. ♪♪ at evernorth, we're helping to unlock barriers. ♪♪ using our 35 plus years of pharmacy benefits management experience to save businesses billions while boosting medication adherence. helping plan sponsors and their members be at their best. that's wonder made possible. evernorth health services. >>> welcome back to "fast money. shares of hims and hers soaring 27% today after announcing it will offer compounded glp-1 injection that patients can access via providers on its platform the drugs are not fda tested or recommended, but allowed because of current supply shortages. hims and hers falling behind providers like ro in offering compounded formulas. prescriptions

for aanhpi heritage month, i'm deirdre bosa. ♪ i'm gonna hold you forever... ♪ ♪ i'll be there... ♪ ♪.. ♪ at corient, ♪ you don't... ♪ wealth management begins and ends with you. we believe the more personal the solution, the more powerful the result. we never lose focus on the life you want to build. it's time for wealth solutions as sophisticated as you are. it's time for corient. >> at university of maryland global campus, getting a bachelor's degree doesn't have to mean starting from scratch. here you can earn up to 90 undergraduate credits for relevant experience. what will your next success be? >>> welcome back to "fast money." pot stocks ripping higher as the doj formally moves to reclassify khanna miss to a less restrictive category. it would move marijuana from schedule 1, which includes drugs like heroin, to the far less prohibitive schedule 3. tim? so, finally -- >> yeah. though we've had this news repackaged many times. ultimately, the really -- the business new was the d.e.a. agreeing to rescheduling. now, there's a process. essentially comment period, there's a period wh

. >> deirdre brown mr speaker, the greenpeace group unearth found 36 supposed grass roots campaign groupsistered by conservative staff and activists and were forums for vile racism, anti—semitism and islamophobic attacks on sadiq khan. >> now one hears about such coordinated efforts. around anti 20mph zones in wales can the prime minister shed some light on these shady groups spreading abuse, their funding, their links to his party and whether he is aware of similar operations existing elsewhere in the uk? if he won't, will he at least commit today to investigate and take action to tackle the sources of this grubby gutter politics? mr sunak review mr >> mr speaker, i'm not aware about about the topic that the honourable lady raises, but but but i'm not going to make any apology for conservatives pointing out the record of whether it's the snp in scotland or the labour government in wales, because that's exactly what democratic process is about. she might not like it when we highlight their record, but we will keep doing so that we can deliver for people across the united kingdom. neil hud

more traditional ad players >> julia, good color i appreciate that very much, julia boorstin, and deirdrex players set to get paid and maybe with some interest what ftx investors need to know after this short break investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experienc

deirdre bosa talking to sundar pichai on our air.lexity said, in a world where everyone doesn't have to click on links, the biggest loser is google. >> i know. that is a very controversial thing. the other day, i was looking up -- david, you'll like this because it's very much what is going on in the world. i was doing -- i'm doing a long take on billionaires, and i'm including barry sternlicht because some of his spacs have been suboptimal. you go to google and google the spacs. you get nothing. you go into chatgpt and say sternlicht spac, and you get a list of every spac, stock symbols, how they're doing. it's like, oh my god. that is like having five researchers. >> yeah. it's an interesting moment for alphabet. we've been talking about it for some time. the existential crisis that we sort of sensed might be coming was resolved very quickly by investors, and they seem to say, yeah, no such crisis here. you can see that little down move earlier in the year. i think that was sort of it. it's been straight up since because there is a

pichai told deirdre this year. we'll see.k, again, openai is ahead of them. >> the two things i saw that i was very um pressed by, one was, returning the shoes. there was a moment, u don't know if you saw that. you got sent a pair of shoes in the mail, amazon or whatever, you don't want them. just say please return a picture of my shoes. then it goes through your emails and effectively communicates with the retailer to say you want to return it, gets you a label. i don't know if it prints it or you have to do it and then call for u.p.s. to pick it up from you. you do nothing. >> that's amazing to me. >> i've been skeptical in the past. they've tried to wow us with things. but the point being a lot of this stuff isn't shipping. microsoft is actually shipping and selling it. >> part of it is that google should -- given it has everybody's calendar and has email -- >> it's been doing that for a while. >> it should be able to know so much moren eight. for openai, i would think you would have to go i it your -- go to your account.

but do you remember three davey —— deirdre on coronation street? see a movie on that! it is in out in i see a movie on that! it is in out in janua , see a movie on that! it is in out in january. much _ see a movie on that! it is in out in january, much bigger— see a movie on that! it is in out in january, much bigger than - see a movie on that! it is in out in i january, much bigger than anything i am involved in, i played three parts in this one. am involved in, i played three parts in this one-— in this one. you don't play yourself? _ in this one. you don't play yourself? rory _ in this one. you don't play yourself? rory kinnear- in this one. you don't play i yourself? rory kinnear looks too much like me, _ yourself? rory kinnear looks too much like me, we _ yourself? rory kinnear looks too much like me, we are _ yourself? rory kinnear looks too much like me, we are like i yourself? rory kinnear looks too much like me, we are like twins! yourself? rory kinnear looks too i much like me, we are like twins! who do ou much like me, we are like twins!