who is missy elliott? >> missy elliott is a, icon, a visionary, but also i am shy.pend some time with me. just got to take, like, maybe 20 minutes, and then you'll just know who missy elliott is. >> the show is a feel good trip through the nostalgia of the 90s and early aughts with fellow game changers busta rhymes, ciara and timbaland. let's talk about this tour. okay, i remember opened my gram, saw the promo video to the beat. my heart dropped. i was like, this is everything. how did that come about? >> ciara had been asking actually for years and so i would credit ciara for like pushing me and busta. he actually was on my first album. so busta is someone that i looked up to and still do. we could call each other twins because it's like i'm the girl version of him. he's the boy version of me. >> i take great pride in giving her her flowers. it's a necessary deed for me to let you know how amazing you are. >> and timbaland. timbaland. we start in the high school together. it feels like a family. we all are family. we've been knowing each other for over two decades,

but elliott says that's not good enough, and in fact, elliott wants new management at southwest.b jordan about this, they're in the sights of elliott, which believe both should be fired. bob jordan says we're not going anywhere. we made changes at this airline and will continue to make changes. elliott points to this, and i want to show you this chart, kelly. this is southwest versus delta airlines since the day that bob jordan became ceo. down 43%. you may look at this and say delta hasn't done a whole better. it is doing better than southwest, clearly. but it's not like the stock is positive over the last year and a half, two years. that doesn't matter. elliott says this is massive underperformance relative to competitors. with regard to the low-cost carriers, take a look at frontier and spirit. we're showing you these two stocks because they are close, kelly, to all-time lows right now. different situations, spirit is a situation with debt and liquidity issues. frontier is more a case of they've got to do something to generate greater revenue. both are trying to pivot towards

we're willing to work with elliott. elliott has been a no-go in terms of any discussion.s out. >> yeah. southwest said that, in part of their statement. they want a clean house, it would seem. in terms of the executive. >> they said from the beginning. jordan's got to go. the former ceo, both have to go. in the ice eyes of elliott, tho two guys have been at southwest so long, they're not moving the company in the right direction quick enough. bob jordan has countered saying, we have had a number of issues, that have set us back, including fewer airplanes from boeing, which definitely has had an impact in the last year and a half. and other issues, some of them brought on by themselves, and they are moving in the right direction. again, getting back to my original point and what you talked about last hour, with jim, are they moving fast enough? elliott said, we're adding changes here, are you moving fast enough, or do you have institutional investors that say, if there's a proxy fight and vote, maybe we get more outsiders on the board. >> we'll watch that drama unfold. >>>

coming up we will talk about elliott management calling the ai hype a bubble. pressure and we will discuss how hedge funds are grappling and we will look at the selloff as we had to the break because we are watching the s&p 500 down 2%. the nasdaq 500 down 3%. we were watching a flood into small caps and the vix at 25. you have to understand that the vix that i could have interesting implication if it holds steady into next week. we will bring you more markets as they come, this is bloomberg. ♪ say aloha to olukai golf. waterproof leather. breathable fabrics. spikeless traction. the most comfortable golf shoe in the game. grab your pair today at olukai.com. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh (♪♪) (♪♪) (♪♪) (♪♪) sandals rhythm and blues caribbean sale is now on. visit sandals.com or call 1-800-sandals. sonali: this is bloomberg markets and i am sonali basak. elliott management is reportedly telling clients that nvidia is in a bubble land and it is skeptical of

, numerous times, elliott has said no, we made changes that elliott has brought up to us, remember theygs report, andrew, that they're going to be pivoting towards more revenue generation through premium seats, red eye flights, assigned seating, and that there is more to come in late september. so, it is a bit of a stand still at this point. but it is clear that elliott is getting to a point, once it has more than 10%, it is going to push for a special shareholder meeting where it will try to nominate or it will nominate these members for these people for the southwest board of directors. the question, andrew, becomes where do you get the votes? you may have 10%, but you can't buy a lot more than that because the poison pill kicks in at 12.5% for southwest airlines. and once that poison pill kicks in, that's going to dilute the shareholder base for elliott, going to make it much tougher. so, there is discussions there, not terribly productive discussions, but southwest saying they have been trying to reach out to elliott and have some discussion about how to change the airline. >> the q

elliott is standing in a league of its own.ate of one every three weeks, and more than double the number from the next most active firm. at texas instruments, that was up nearly 3% today. elliott applauded the company's capital allocation update, which was in line with the hedge fund's prior push. and southwest, elliott is planning to mount a proxy fight with a slate of ten candidates. it could be the firm's first such fight in seven years. and last week, starbucks announced a ceo change. elliott's 13th ceo shift in two years at companies it has been involved with. guy? >> i think getting rid of the prior ceo was critical. i think that interview he did with jim cramer was a disaster. that sort of sealed his fate. so, that was good. and then brian niccol, obviously, was equally good, so, that's why you get a 25% bounce. but this is -- starbucks is not chipotle. it's a much more mature company with basically deep-rooted problems. it's going to take a lot of time to fix. i get why the stock bounced the way it did, but this is not

positive response from elliott? >> yep.t is getting some traction. >> with all the interest elliott is taking, nothing with intel? >> no. >> which is going through its own challenges. >> that may tell you something. sometimes a company has such deep seeded issues there's nothing an activist could get them to do that's going to change the trajectory. >> that's the question as we wait to see what's next. >> got that credit rating cut on friday as well. >> still to come, stocks rallying the last week but not energy. we'll talk with a guest who says why there may be more pain ahead. let our expertise round out yours. ♪ that colonoscopy for getting screened ♪ ♪ is why i'm delaying ♪ ♪ i heard i had a choice ♪ ♪ i know the name, that's what i'm saying ♪ -cologuard®? -cologuard. cologuard! -screen for colon cancer. -at home, like you want. -you the man! -actually, he's a box. cologuard is a one-of-a-kind way to screen for colon cancer that's effective and non-invasive. it's for people 45+ at average risk, not high risk. false posi

' capital allocation update, which elliott says is well aligned with elliott's approach.changed ceos, and here's an interesting stat. it's the 13th ceo that had been replaced in situations where elliott was an activist in just the last two years, becky. >> who's in second place? you said that elliott is at three times the second place in terms of their -- how frequent they're they're bringing these things. >> dalton investments, they have about five proxy fights -- not proxy fights, campaigns, compared to the 12 campaigns that elliott is doing this year. >> wow. wow. okay. good to know. thank you very much, leslie. we knew they were active. i just didn't know how active. very quickly, let's take a final check on the markets. s&p up by about ten. that does it for us today. see you right back here tomorrow. at least he will. "squawk on the street" begins right now. bye. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at post nine of the new york stock exchange. stocks do try to reclaim their momentum after b

and also, you know, how formidable elliott has become in the activist space it must fill the pages upyour reports sf. >> i agree with what mike had to say. this is situation that's company specific it's not going to be sold, the company. it's a company that needs outside airline experience management is all southwest people for many, many years. elliott has a slate of a lot of outside airline experience veterans they would like them to come in and show a different perspective, and as you said, elliott is the -- you know, the l hundred pound gorilla in activism right now they have the resources, the money, the experience to basically engage with anybody, and i expected they'll get seats here i don't think they'll get ten seats, but a win for them will be some board representation and a ceo changing, and i think that's likely. you know, elliott since 2022 has -- and people don't realize this -- has removed 12 ceos quietly without a proxy fight at 12 different companies since 2022 so it's -- they have experience with this. >> they sure do. we'll follow it. appreciate it always, ken, than

more than elliott. >> yeah. listen, mr. schultz, of course, continues to be a force within starbucks, really only as what is a technically a large shareholder. of course he's not on the board. he has no management role and was an important figure here. in part it seems, if i could say turning on laxman or at least not giving him continued support some time back, which obviously put his job, it would seem, and clearly was, in some jeopardy. moving forward and perhaps helping, the board -- my understanding with the brian niccol thing they reached out some time back. they really didn't think they had a shot at getting him. as mellody hobson indicated, things happened pretty quickly. there had been some conversation about it, but my understanding is they thought, well, what shot do we have? >> brian is the best. howard said this is a great day for starbucks. no one better to rejuvenate the company and the starbucks' brand than him. the market's reaction is consistent with the concerns that i had, and this is the solution i had

a did with missy elliott back in 2005 — did with missy elliott back in 2005. fact. as you mentioned, _ 2005. it won a grammy, in fact. as you mentioned, his - 2005. it won a grammy, in fact. as you mentioned, his loud - as you mentioned, his loud booming voice quite distinctive, a lot of his music is still played to the state and a lot of night clubs and festivals. it is you mentioned, to be faithful that is the song that most people know him for. it was released back in 99, didn�*t have that much success in the beginning but it went on to be a hit in 2003. it was also top 20 hit in lot of european countries and australia and for those who don�*t remember that song, is jog don�*t remember that song, is jog the memory is here a of it. thank you very much. having a reunion, the band and come to play a gig tour 15 years after the last one people have been scrambling to get. a basis have just said have been scrambling to get. a basis havejust said on have been scrambling to get. a basis have just said on twitter oran basis have just said on twitter or an x that th

jessica and elliott, how are people? >> and the government officials in israel reacting to all of this prime minister benjamin netanyahu, just the other day he warned of in his words, challenging days ahead for the country and we know from victory supermarket, which is one of the smallest supermarket chains in israel, they were telling cnn about a spike in sales of basic goods like cereal, canned goods, bottled water, and pastor and toilet paper, things like that. >> something like 30% increase in sales in some cases, we've also seen the jerusalem municipality telling residents what it ought to do, that it should stock up on things like water and batteries and food to give them enough, like three days worth. in the event of a wider attack. and also directed them to public shelters. but beyond that, and we have seen more protests in tel aviv against the government trying to get it to do everything it can to bring the hostages home, something that feels is now going to be even harder after the assassination of a smile hani

i've been hearing the guy who runs activism at elliott jesse cohn.f some kind in the near term or not. but that seems where i've been focused at least. i no these headlines on starboard may have misdirected people a bit. not much there to say at this point. >> starboard is not confirming or anything saying. it's on brand, though, if you look at some of what starboard has done, especially with consumer names like a darden restaurants. >> much more in some ways than elliott. >> the question is, what is the issue here? right? with starbucks. they have weaker traffic and sales than other consumer names, even in a tough inflationary environment. they have, you know, a ceo in there who has made a deal with the unions, but it feels like they need to figure something out to get more traffic later in the day, not just in the morning. >> is that it? >> that's one of the issues. >> service, operational issues. >> and new customers, getting new customers in beyond just the loyalists for starbucks. but the stock is getting a boost maybe on all of this activist ac

elliott and starboard have taken stakes in the company and earlier this year, howard schultz penned a scathing open letter calling on the company to fix the open stores. let's bring in kate rogers with some of the reaction to today's news. a lot of analyst upgrades today, kate. >> certainly. busy day, melissa. the starbucks chair said it this morning that nichol is the right leader for this moment, and clearly wall street agrees. analysts pouring in, mostly positive sentiment. td writing, in our view, starbucks picks up a hall of fame restaurant ceo and his appointment as starbucks ceo and chairman suggests a new era is under way. btig saying, we believe this is a significant victory for starbucks, and evercore isi writing, brian is likely the one restaurant executive that has the gravitas to address the howard schultz founder overhang. howard schultz with a statement in the company's release this morning, saying, quote, he has my suspect and full support. elliott, the activist inves or the, also saying it welcomes the appointment, and starboard out with a similar vote of confidence.

he had hits with mariah carey, missy elliott. - that. he had hits with mariah carey, missy elliott. mariah| carey, missy elliott. he was a bit of an ambassador. he connected a lot of people. he was way before many other djs turned producers. he was doing it way before. he was always working with big artists. i'm glad the bbc knows what is uppen glad the bbc knows what is upper. some of his songs were very underappreciated. they were classic songs.- very underappreciated. they were classic songs. how much was new york _ were classic songs. how much was new york a _ were classic songs. how much was new york a part _ were classic songs. how much was new york a part of- were classic songs. how much was new york a part of his - was new york a part of his music? ., ~' was new york a part of his music? ., ~ . , , music? new york city is the core of the _ music? new york city is the core of the hip-hop - music? new york city is the core of the hip-hop music. | music? new york city is the l core of the hip-hop music. it core of the hip—hop music. it was about the way he carries himself. when

elliott gotkine in london. appreciate that. and as elliott mentioned, the ceasefire, the gaza is reporting another milestone, the health ministry there says more than 40,000 palestinians have been killed since israel launched its war against hamas, ten months ago the devastating human toll of war highlighting the suffering and volatility inside the enclave you know what a memo give nash well, since the war began, we haven't stopped even for a minute, and we hope the war ends. there's no place to bury people. we are even exhausted. we are working beyond our capacity and we wish for this war to stop. today. we roughly dig 506070 graves daily till the death toll reached 40,000 people have been in while the u.s. >> national security council spokesperson says, israel has delivered significant blows to hamas and their military capability. but st. john kirby stopped short of saying hamas's military threat to israel has been eliminated. all right, joining me now from prague is ha hellyer, middle east studies scholar at the carnegie end

so when elliott is told to fire cox, he says, i can't do it. i am going to resign. so nixon through al hague says, let's call his deputy, bill rukleshouse do it. he says i am going to resign, too, i will not do it. the next person in line, solicitor general, robert bourke, bourke will carry out the order and fire cox and forever be labeled by doing it, but a lot of people have missed in bourke's action is the argument that both richardson and rukleshouse made to him only chaos could ensue if he didn't act because after you leave the third man in charge of department of justice, it is any man's bet who has the authority and indeed, the janitor might be able to say that he could be the acting attorney general. it was a very unclear situation. so they put a lot of pressure on bork to do it and he did it. it would cost him a seat on the supreme court later when reagan nominated him because of the hard feelings that would continue amongst democrats for decades about bork's action in firing cox. here is a clip of what happened the night that cox was fired. all the network

>> you never underestimate elliott. they have tons of resources.d seats. the company's been severely underperforming. elliot has a very good point that the board and management needs more external airline experience, and i don't think 10 out of 15 is in the cards for them. i don't think they'll get a majority. but they should get a handful of board seats, and if they do go to a special meeting for this, it's because they know other shareholders feel the way they do. they would be going into this alone or without knowledge that they have a good chance of winning something. >> so this is the new development here. ken, in your experience, are there places elsewhere, industry groups, sectors, companies in particular that you think could be the next target for activist investors? >> you know, the markets are pretty much down outside a handful of stocks. and in situations like that, it's harder for, you know, bad management and bad management plans to hide and it's easier to get support from other shareholders. so any company that's underperforming its p

a very dangerous situation, elliott, how do you think netanyahu is going to play? hey, these talks and could this be a tactical move by hamas to help improve their position at the negotiating table when these talks formerly resume on thursday well, if as far as hamas is concerned, it's important to note that in contrast to previous talks, this is our first ones where yahya sinwar, the head of hamas in gaza, the architect of the october the seventh terrorist attacks is now also hamas, the head of hamas's political bureau. >> so he may be looking to lay down a marker in terms of his negotiating tactics, let's not forget that he's seemed to be much closer to iran and much more of a hardliner than others in the organization that may have replaced ismail haniyeh, who was assassinated on the 31 july in a guest house in tehran, as far as prime minister benjamin netanyahu was concerned, i think it's worth remembering that even in the wake of president and biden's grand announcement that this framework agreement between israel and hamas was going to be agreed upon and every

so elliott, there are a lot of moving parts to making this work, including israel committing to stop the military operations for hours at a time in different areas. how complicated is this going to be? >> alice, let me incredibly complicated, not just because this is going to be done with kind of staggered humanitarian pauses or ceasefires if you like in three different areas starting with the central part of the gaza strip on sunday, but on top of that, of course you have this being a rollout of this nature to try to vaccinate what more than 640,000 under tens it would be complicated in the best of times and he certainly not the best of times in gaza, which as of tomorrow will be, and as of sunday, tomorrow will be entering its 11th month of fighting. i mean, not only if you've got well, the security situation, you've got to infrastructure and roads that have been destroyed. you've got people that have been displaced multiple times perhaps the message for during those days will not get through to people that need to come to get their children. vaccinated. and on top of that, there's

data almost not modeling mailed that out to you in the mileage elliott, english. you want to just send me a new one but you don't you don't nickel dollars on a wheel drive? i know molly res jelia victoria own was operable or to me going the not dressed. it tells you it almost on the board on your what is a z o w a b or the sub? it'll say people about the product to hot spots. it is optimal. that's the cohort that western science is still still debating exactly how dangerous depleted uranium weapons off my dad don't to claiming the depleted uranium this homeless. there's not any sign typically being accurate isn't dangerously. negligence is usage and width and the strengths tossing project goals that can be inhaled or ingested. those things of interest to human health and the environment. the hysteria is unwarranted. dr. lucas. the reality is that the risks of depleted uranium are grossly exaggerated and when handled properly. the risks are minimal. minimal. tell that to the civilians living in conflict and suffering from increased cancer rates. the get this is for

elliott says in letter that we commends texas instruments on the capital allocation update.erm growth or free cash flow per share is the company's true north. this comes after elliott took a $2.5 billion stake in the company in may and put pressure to raise projections. the company is doing that, and shares are responding, up about 0.3 of 1%. this is texas instruments, which specializes in analog chips, kelly, for automotive and industrial. both sectors have been under pressure as of late. >> thank you very much. >>> coming up, shares of the chinese online discounter getting hammered. on pace for its worst day since 2021. shares are down 16%, and we'll check on some of the day's other big movers, next. >>> welcome back to "the exchange." we started with some gains, but we quickly turned into declines here across the board, coming off an eight-day win streak for the s&p and nasdaq. so that would be in jeopardy as of today. the russell remains the worst performer, down 1.3% today, when it's supposed to be the biggest beneficiary interest rates falling. eli lilly hitting an all

he also did a song with missy elliott which won a grammy in 2005.ubs. that sleeper hit, be faithful, is what he is best known for. it was released in 1999. he did not have as much success at first but went on to be number one in the uk and ireland. it was a top 20 hit in many european countries and in australia. let us have a little bit of that song. little bit of that song. # if you got long hair, get your hands up # if you got short hair, make noise stephen, what's the reaction been? missy elliott said that his voice and m and g has contributed to so many songs that make people feel happy and want to dance to. his talent agency said he is a beloved figure the music world. also to his iconic voice, his infectious energy and his great personality. we have also heard from fat man scoop's representative and spoke to him a few days ago and he seemed in such good spirits. it is hard to believe that he is no longer with us. they described him as a beacon of light and the undisputed voice of the club. all oasis tickets in the uk and ireland have now sold

i mean like scubas, he has hits with mariah carey, missy elliott.lity, he was a bit of an ambassador and was able to connect a lot of people and curate records way before even, you know, people see other other dj turned producers and creators such as dj khaled. like, ifeel like scoop was part of that blueprint and was doing it way before. so, he was always working with big artists. always kept his ear to the streets. but i'm glad that y'all mentioned it. shows that bbc knows what's up. that crooklyn clan record, that's what i think of when i think of, uh, fatman scoop. that's a classic song. very underappreciated. in fact, it charted higher in the uk than it did back home in the us. so salute to y'all for that. and tell me a little bit about he was from new york. how much was that a part of who he was and his music? i mean, like i said previously, new york city is the core of hip hop culture. that is the mecca. so i think it had everything to do with the way he carried himself. i mean, you could just when he walked into a room, you could just feel t

elliott gotkine in london. appreciate that ukraine is pressing ahead with its cross-border foray into russia. president volodymyr zelenskyy is confirming for the first time that the russian town of sudzha is now in ukrainian hands on kyiv's forces have advanced 22 miles into russia, reportedly taking more than 80 settlements and over 400 square miles of land. meanwhile, two senior us officials tell cnn, moscow appears to be moving thousands of troops from ukraine back to russia to try to stop kyiv's advance. some ukrainian military officials say they don't see that, but the white house believes it's happening it is apparent to us that mr. putin and the russian military are diverting some resources, some units towards the kursk oblast to extensively counter what the ukrainians are doing. >> it doesn't mean that mr. putin has given up military operations in the northeast part of ukraine or even down towards the south, towards places like zaporizhzhia. there's still active fighting along that front ukrainian opera

every one of elliott's nominees excels in the fields of southwest means technology, revenue magnets, safety, government. on the other hand if left to its own devices i bet southwest would keep it lower. there still time for the board to accept their lack of diligence and move on with their heads high but i am definitely betting on elliott here because his people are better and they will get a better ceo. starbucks. another one, disney. this in itself legible. lino nelson wanted to join the board, spent a fortune keeping them off because they could not stand the guy. disney stock went from the 80s to 123 but ever since he lost, do i need to tell you? fell back to 86. what does that say? this is a company that dozens of executives would like to have a shot at running. to me disney is withholding because it simply has got so much value. valuable franchises like starbucks, it is hard to destroy no matter how hard he tries. you just need the right team and it is a winner. you need a change agent as ceo, not just as director. in the case of southwest, maybe you do need to change up the who

. >> elliott gotkine is live in london, so elliott, let's start with the latest from gaza. we have more strikes, more deaths, and according to the u.n. a, shrinking humanitarian area very much so kim, you mentioned those two families being killed in those two separate airstrikes in the early hours of sunday morning. the early hours of saturday morning. now, without specifically referring to those those families that the authorities in the hamas-run enclave say were killed and almost obliterated by the sounds that israel saying that it was targeting rocket launchers that in the saturday morning incident, it says were firing towards its soldiers. and in the sunday morning incident had been firing towards israel. but as you say, at the same time, that is prompted israel to put in place more evacuation orders because of rocket launches from parts of the central part of the gaza strip. that is why israel says it is putting in place additional evacuation orders to move to this so-called humanitarian areas, which now according to the united nations accounts for just 11% of the ent

versus starbucks or is it elliott -- >> elliott/everyone is what it is lately. >> cons at thelationship with them. remember, it's alcohol. >> really quick, b of a, down 3% plus. more discussion about trimming. >> yes. >> morgan stanley does get cut to underweight at wells. >> i thought that was -- my travel trust owns it. it's been a great story and just thought that was -- i just thought that was just a careless downgrade. 3.79 yield. that's what you buy in here. >> worth mentioning that the banks are off. >> no. worried about credit. if i were jamie dimon, i would write a piece in "the washington post." how about the trashing of charlie -- >> dimon's warning about hurricanes may actually come? >> maybe beryl. i'm favoring truman, eisenhower and lincoln. he comes out in favor of lincoln sfles's talking about his endless talk about that the -- that we may have a recession, they're talking about this presidential election thing. >> it's always a good thing to come out in favor of lincoln, okay? david? >> understood. thank you for that tip. i'll keep it in mind. >> i don't want him to

good morning to elliott. so us officials remain optimistic. a deal can be reached, but say this may be the last chance obstacles remain. of course, where do these negotiations stand right now? and what are the main sticking points rosemary, right now, the negotiations stand where they have stood for the past nine months of on and off talks ever since the last one and only ceasefire collapsed at the end of november. >> but certainly the pressure on both parties and certainly from the part of the united states on israel has perhaps never been greater to do a deal. and there are several reasons for that. first and foremost, is to try to force-stall a, an attack by iran and its proxy hezbollah to avenge the assassinations of hezbollah's top military commander and the head of hamas's political bureau, ismail haniyeh in tehran. then of course, you've got the death toll, as you mentioned, breaching 40,000 figures that don't distinguish between combatants and civilians and the humanitarian situation deteriorating to the extent that you've now had the

i won't shy away from calling it what it is far thuggery journalist elliott gotkine is joining us now from london. >> elliott, at this point, what could bring the temperature down it's hard to see rarely jessica, because let's not forget how this all started, which was with misinformation about the identity of the person that killed those three small girls at a taylor swift-themed dance class in the seaside town of southport in a live report in northwest england. >> so things do seem to have taken on a bit of a life of their own. we saw protests across cities in the uk on saturday. and it was expected that there would be some more today on sunday, but they really have degenerated into perhaps even more violence than we saw a day earlier. this is in tamworth in this evening. this is just outside birmingham, the uk's second city. where you say the mob bear tried to and succeeding then setting fire to a holiday in extra, which has been housing, asylum seekers, people that have come to this country to try to get refugee status and i suppose it's the timing is perhaps a little embarrassing

it's coming out from elliott management to keep up strong cash flow, and, of course, elliott praisedhe announcement this week. wolf-speed also a little expecting up to $1.4 billion now, which is lower than the $2.1 billion that it had in 2024. but it says capex is going to fall more. speed is up about 7%. t.it. up about 7%. big tech, microsoft, google, and amazon. those shares were punched because they say capex is going to increase to build out their ai ambitions. apple is the group spending relatively little, about 2 1/2%. that's compared to its peers, of course. we're going to see how it really impacket. everybody wants to notice. if investors are viewing the whole capex picture, is it about this growth/balance that they've had to strike because of artificial intelligence. or is it more on this side of the idea if they aren't spending, it's because they have a reason to and they need to grow and that's the reason why we're doing it on the old world value equation? >> i think so. that's still further down the line. you have to build it out first. there's been so much interest in th

you're watching friday night live with me, ben elliott, only gb.k to friday night live with me ben elliott and breaking this hour. one of the victims of a paedophile chauffeur employed by the bbc says the broadcaster should be held to account. alex cooke, who has waived his right to anonymity, has spoken for the first time with the daily telegraph. the newspaper reports that the bbc paid convicted paedophiles millions of pounds to transport celebrities and high profile guests over almost 30 years, and cooke said he was sexually abused by david smith, who died in 2013. between the ages of 12 and 14. it's just terrible, cooke said that one of the allegations smith pled guilty to related to abuse, which occurred at bbc television centre in west london. it's just one thing after another for the bbc, so should there be a national inquiry, as i think there should be into the broadcaster? liz. former bbc star radio six legend what's going on at your old employer? >> well, i think it's just a different world. maybe savile was the watershed when it all came

elliott luke and cameron, thank you so much ourfirst elliott luke and cameron, thank you so much our. the star, who created and hosted the phil donahue show between 1967 and 1996, was considered the "king of daytime talk" in the united states. his tv show was the first to include many elements familiar to viewers today, including participation from the studio audience. the often—controversial issues he chose to discuss made his show both notorious and popular. donahue won 20 emmy awards, and earlier this year, was awarded the medal of freedom by presidentjoe biden. as they turns into night, meanings will get to watch a blue super moon, it occurs when the moon is in its closest point of orbit to the earth, and here it is oversold south korea. what beautiful images. i want to show you the scene in chicago where the democratic national convention will be getting under way in the next few hours. this is a protest outside, pro—palestinian supporters protesting president biden's policy towards israel. president biden is due to speak on the opening day of the convention it is later. meanwhi

elliott starboard and starbucks declined to comment. sharing ticking higer in extending trading. almost 3%. >> all right. starboard in. pippa stevens, thank you. >>> tim you got a take on starbucks. what about the move by starboard? >> yeah. great to see it from a trader's perspective obviously. did buying. the extent of management issues a problem forecasting a core business on some levels is a very sophisticated business. that's concerning. macro head winds and i'm not sure they can do a lot about activist funds. happy to see them push change. chaos in the stores and c suite. ability to certainly try to put the brakes on where margins have pulled back dramatically. but i also think you had a unique and almost a once in a lifetime dynamic for starbucks in terms where e thcould raise prices and a sweet spos of covid and post-covid reopening. something investors have to wrestle with. i like starbuck, own it lower. not greedy but a six handle. >> wow. going to be a six handle. something vor a 77 and change stock -- a ways down. all right. we are just getting started here on this fr

beatrice, the list of the best-dressed british women also included queen camilla's sister annabel elliotthe wife of the prime minister of great britain lady victoria starmer. these ladies, according to the authoritative british magazine, are simply magnificent. and they are worth imitating, although the british themselves call one of them boring and tastelessly dressed - this is about camilla's sister, and the other annabelle is suspected of being an inspiration. minister, she can, it's boring, you're just surprised by the audience, why not, her husband was not at social gatherings, well, maybe for the best, such a colorful picture, this is not the time of queen elizabeth, looking at these ladies, i just want to ask, did princess beatrice bite you, although most likely they tried to outdo her and take away her new important title, however, not everything and not everywhere is so sad. meet sheikha moza - the mother of seven children and one of the three wives of the former imirakatora, so to speak, feel the difference, the most stylish woman in the arab world, that's what fashion critics c

because i know we have to talk about elliott and southwest.ssarily think that everything that elliott has done is done with -- not without the authority of the top, but we do know that it's diffuse. the guy who has the letter sign at southwest is an actual portfolio manager. >> yeah, no, that's true. the activism, in particular, at elliott, i mean, it's run by jesse cohn, a long-time partner. >> i don't see jesse's name on this, but that doesn't mean jesse disagrees with it. >> but it goes up and everybody signs off on these things. you're not able to just go off and do whatever you want. i cannot imagine that the apple position at berkshire, even with mr. buffett about to turn 94 in a few days, august 30th, i cannot imagine that he would not have some say in that. >> well, let's say he had a say. the idea that the stock should drop dramatically on him having a say, i think, is going to turn out to be something you don't want to follow. and i would mention bank of america because the trim of bank of america after a total home run makes a lot o

just yesterday, he reported elliott and starbucks were in settlement talks.t was yesterday's reporting. scott wapner noting that nelson peltz had built a stake but sold it after today's 20% pop. so what happens now? joining us to discuss that, nancy tangler, and greg frankfurt is here, with a hold on the coffee giant. and kate rogers joins us. welcome to all of you. nancy, i'll start with you and all of your thoughts on these two companies now. >> kelly, we talked about it in the past, investing is like being in a perpetual state of dissatisfaction. soy cheered the move this morning. i mourned the loss at chipotle. chipotle is in our best 12 ideas portfolio. it has been a monster performer for good reason. even the most recent earnings report was outstanding, but the stock is down 30% off the highs plus or minus. so this is going to be fabulous for starbucks. this is a ceo who embraced digitization during covid and turned the corner in chipotle's digital orders. right now, they have about $1 million per store in digital orders. so i think he can do the same a

bitcoin isn't going as well and what's fascinating talking about market sentiment i'm a huge fan of elliottas well looking at the market sentiment this was bound to happen literally this morning i woke up and i had an amazing weekend with my family in no idea what was going on in the world and i sell bitcoin itty-bitty and a bunch of others went through in it was technical i had no idea what was going on in the world, completely disconnected and i was like there must be something going on and then i got a notification for the systems. neil: why hasn't bitcoin or some of the alternative investments done better. it's an unfair wrap to say stocks go south, bitcoin, crypto goes up it is not really that much of a paid, some are surprised of the verity of the hit, are you? >> the last thing that you see what has in it done better, they've done amazingly well, back in 2024, january 2024 bitcoin was $39000, we were just coming out of the crypto winter and we hit the all-time high at 73 back in march and ever since then and has been consolidating, i feel like it's been waiting for the next big break

that is been patents and, max bergen and elliott giles. remarkable, really, for giles. call up for the injured jake whiteman. so he really had no preparation for this. although, of course he would've been, not hoping someone would've been, not hoping someone would be injured, but ready in case he was needed. and he definitely made the most of this opportunity by getting to that semifinal. in cindy samba was in the hundred middle hers heat. she is due to the semifinals. seeing a bit of cindy at the moment. this of course isn't it because we've got the evening session to look forward to as well, not least the a00 metres that is going to be in the spotlight with that men's final. written's matthew hudson smith going for gold. he final. written's matthew hudson smith going for gold.— smith going for gold. he is. a little bit before _ smith going for gold. he is. a little bit before him _ smith going for gold. he is. a little bit before him some - smith going for gold. he is. a i little bit before him some other brits in action here. alastair chalmers, he will be about to ta

elliott investment management is an activist investor [indiscernible] full potential [no audio] comeublicly and called for that. scarlet: what will you be looking for from brian nickel when he takes the reins? >> this isn't a sort of classic activist playbook. there are no break offs where it lists the share price. this is about doing a lot of little things better. things like, you know, dealing with the qeues, making stores more pleasant, engaging staff, better value for money, reconnecting with customers. all of these things that are not rocket science but starbucks really needs to do them. scarlet: executing existing strategy better on the details. what does this departure mean for aaa, from where you sit? they have an interim ceo from within the ranks and i know that niccol deserves a lot of credit for tvg slant. can the current team build on that? >> they have really, really outperformed. they have had customers trading down over the last few weeks. you were just talking about the consumer environment weakening a little bit, especially lower to middle customers, but there are wo

border with egypt elliott gotkine is standing by in london.despite these recent attacks, delegations from both sides reportedly still meeting in cairo yeah, i suppose that's the good news, kim, that these talks are still on, that they are still going ahead. but of course the two sides are still far apart. and i suppose they, they, these talks have enough problems trying to reach an actual deal without having to worry about whether hezbollah's strikes on israel or israel's preemptive strikes don hezbollah are going to push them. of course, of course, you could also take the view if you're ever more optimistic bet, that if things are going to heat up more so on the northern border, then israel may be keana to wrap things up in the gaza strip to get a ceasefire agreements so that it can focus on the north as defense minister, yoav gallant has been indeed the cutting in recent days, of course, at the same time, yahya sinwar, the leader of hamas, the architects of the october the seventh terrorist attacks. may, according to some observers, have bee

appreciate that elliott gotkine, thanks so much. hundreds gathered in tel aviv on saturday demanding a deal to release all the hostages held in gaza and protesting prime minister benjamin netanyahu's government among the protestors were families of hostages calling for an end to their ten month ordeal. one of those is the family of itay chen, an idf soldier who's killed on october 7. his father, ruby chen has been calling to bring home all the hostages, whether living or dead, including his son's remains here's what he told wolf blitzer about the attack on the school in gaza. and a ceasefire deal there's a time especially now that we all kind of like at that two minute warning before getting in, we need to think what is strategic? and not slotted jake to help us get that hostage deal. and i would question and ask, is this attack helpful to get us to that finish line or not? we have crossed so they feel unfortunate that these things happen. we did not enjoy seeing these things happen. we do not like to see the people, innocent people

got qin elliott. what are you seeing and hearing about these far-right protests and counter protests? tests, fred off dura day of violence across a number of cities on saturday across the uk, there have been further clashes, perhaps even more shocking violence taking place, particularly in the northern cities of rather m and middlesbrough in rather men particular, a mob gathered outside a holiday in hotel where asylum seekers, these are people who have come to the country seeking refugee status, were we're staying and you can see that in some instances, the police officers with their riot shields up, we're being pinned against the wall by the mob. >> they were throwing all sorts of projectiles out them, including an armchair. they then managed to break some of the windows all of this hotel and break into it. and there were other last time i checked, there were still standoffs in rather than between police officers and those that mob those those people engaging in that disorder, at least ten police off

elliott gotkine in london. thanks so much. fred back to you. >> all right, thanks so much. jim. >> alright. it's been a historic week for a democrat. so how do president trump and the gop grabbed back? the momentum my name, names braden i won't 5-years-old when i came to send you how trains, shore and gown. >> the story shell and then having these headaches that when i go away, my mom, she was just crying what they said, they're saying hedge brain cancer it was your worst fear come into life watching your child grow up as the train, every parent you can join the battle to save the lives of kids leg braden, by supporting st. >> jude children's research hospital families never receive a bill from st. jude for treatment, travel, housing, or food. so they can focus on helping their child live what they've done for me, my son, my family sorry life. >> is a gift, especially for a child battling cancer call or go online and helped save the lives of children like braden now. >> i'm fine. the 11 years we were actually doing the checkup for my brain and they they saw something in my

. >> journalist elliott gotkine is live in london air. fred pleitgen is live in teheran. fred, let me start with you. so take us through the role you expect iran to play. in the upcoming talks hi there, kim. >> well, first of all, we're now pretty interesting place here were inside the iranian parliament, inside the modulus. and right now what's going on here is actually the confirmation hearings for the new government of newly elected president masoud pezeshkian's, that's going to be very interesting to see how that shapes are wrong let's foreign policy in these very key times in the middle east. the other thing of course, so that is going on as well, is that you do have this term while that is still going on, i spoke to a couple of members so parliament here, but inside including some very prominent one. and they certainly say that they're not very confident about the ceasefire negotiations that are going on. they don't believe that israel is serious it's about the ceasefire negotiations and also they say they don't trust the united states to be an objective mediator in

bleday chapman who made tag top of the 7th aims for elliott ramos. the holder that juan ramos is 18 home run of the season, 448 feet. this one will go into extras at 10 with a man on your r encarnacion. he fights that one off. and it cleared the fence. i did not see it going over the fence while watching live. i thought it was going to die. kept travel in and then very next batter, michael, to come let's go back to back. dion take the lead. bottom of the frame now. giant by 2 threatening. got the bases loaded pressure. packed moment. brian walker, high heat. shay langa-leers to chase that one. a giant. they win it. 42. they split the two-game series with the a's, you will. melvin had to say remember, bob coached in coliseum for years. you can expect a game like this this place and the >> you know, the series between giants and the a's. so, you know, almost had to happen like that. but yeah, you know, are not doing much offense? we were trying to to manufacture runs score and how are we didn't look good for a while, but then a couple of big swings tha

elliott ramos sends this one to outer space. it hits the upper deck in seattle. that one put them up 5-1. so the game was now in the hands of the bullpen. eighth inning, it's not with san francisco or what they wanted to see. the mariners will storm back as they scored four runs in the eighth including this game tieing single from luke rally. appropriate name. with the game tied up at five, this one went to extras. in the end, it just wasn't their night. leo riva sends one to center field with a man on third. that's all she wrote. ball game, mariners win it 6-5 in extra. giants are now back to 500 after losing their last two. they are five games back of atlanta in the wild card spot running out of time. >>> injury updates on leonard floyd and both sustained knee sprains. they looked like they avoided acl injuries, but they will have mris. kyle shanahan mentioning that alone is a big win because that was a scary moment in that game with gross patan and nick to give them the edge, so you don't lose them. >>> coming out of the preseason healthy. that is the only imp

elliott ramos, right back up the middle sneaks through for a base hit to bring in wisely. webb go 7 strong innings and the giants win their 4th in a row. 3, 2, 1, aes in toronto trying to even their series against the blue jays although the doe has. he was fantastic on the hill strikes out brian serven to end the 5th. one of his 5 k's in 6 shutout innings. can we get him some run support. brent rooker says yeah, i got it. top 6 rooker deep to left off the top of the wall. they initially ruled this a double. but let's look at the replay because upon further review, it hits off the railing, which is over the wall. and that's a home run record 20th of the year that saw the a's would need. they win it by the final of one to nothing. all right. real fast. you watch the closing ceremonies in paris. i think really at least tape. yeah, it's crazy that they're already over fields good or bad. you got to watch yeah. exactly. they're always interesting. yeah. >> that's it for kron. 4 news at 11, you can always find the latest news on our web site. and the news app. thanks for joining

we go elliott ramos. he says i am strong and i hit things hard.s it up with this missile to center field 448ft. it was sears only mistake. game tied one one. bottom of the seventh. a's with the bases loaded, one out. blake snell gets max schumann swinging at strike three. that actually hit him. but he's out by the rule. then snell fell behind three zero to cameron but battled back. gets strike one maybe a little high. gets strike two right in the zone. then cameron grounds out to second right here to end the threat right there. yeah that's a groundout. snell is fired up. yeah. throwing his arms around. seven innings pitched ten for snell. another great outing next inning. a's manager mark kotsay maybe wasn't happy about some of those calls from snell. he gets tossed, he's arguing balls and strikes. he wouldn't see the ending to the extras. we go. here are encarnacion. whoa. that's a shot. two run homer to center giants. take a two run lead. very. next batter we go. michael conforto as well. back to back for the giants. they lead 4 to 1. at this po

elliott gotkine is live in london with more elliott. i mean, there have been more strikes and more evacuations what's the latest? >> that's right, amara. so this morning in the early hours of the morning in israel, seven members of the same family that's a mother and her six children were reportedly killed in a strike in deir el-balah in the central part of the gaza strip. that's according to the al-aqsa hospital, and that comes just a day after 15 members least of the same family, were killed in a strike in al-zawaideh, which is a couple of miles up the road. so and that's according to the local civil defense groups. so these strikes are continue. the idf says that certainly in the, in the incident this morning, that it killed a number of militants to attack and strike at where rockets were being launched towards israel. and in saturday's incident, although not referring specifically to edit, said that it was also targeting a rocket launchers that had been fired towards israeli troops. so the death toll they are continuing to rise at t