exxon doubling down on the danbury deal., looking to explore selling stakes in its renewable power unit. the lesson that european majors have learned is that they get lower valuation if they pursue energy transition. now they are fighting back against that, potentially going towards shedding assets. what lessons have you guys learned at exxon from the journey that the european majors have been on? dan: the lesson is clear, you need to have an advantaged set of capabilities towards whatever it is you are pursuing. looking at the low carbon value chains we are pursuing in carbon dioxide and carbon production with ammonia, those are leveraging significantly the capabilities within exxon mobil today. we are very focused on taking things that we know how to do, advantages within the low carbon space. alix: i think that is why the lithium thing confuses me. it felt like exxon was confirming they would be in lithium in an earlier interview and it's hard for me to understand the synergy there and if we are going to see big oil movin

you work for exxon on monday, they're going to push the interest of exxon and keep drilling oil and gas tuesday, you're working for the city of baltimore that is suing exxon. amy: let's talk about baltimore. in the state of maryland, f-minus reveals f-minus revealed that many nonprofit organizations, municipal, and county governments share lobbyists with the fossil fuel industry. including the city of baltimore and johns hopkins university, one of the leading institutions in the research of climate change. the database reveals -- "the trustees of johns hopkins voted to divest from coal in december 2017, stating that a 'public and explicit stance will help propel the weight of public opinion toward accelerating the transition away from coal as a source of electric power around the globe'." despite this stance, lobbyist listings for 2022-2023 show john hopkins sharing one or more maryland lobbyists with two companies with substantial coal interests -- nrg energy and holcim participation, in addition to five companies with upstream and midstream oil and gas operations. and in florida, the

profits were down 56% at exxon profits were down 48% at chevron.ou know, you know exxon better than anybody from the doc you did. obviously, there's a good correlation there between what's been happening in oil, notwithstanding the last four weeks, but in a bigger picture, oil prices down hurts the profitability of big oil >> no doubt, but they're still doing just fine. >> yes, they are as they usually do >> both darren woods, who joined "squawk box" this morning, and mike wirth, who joined us, if you recall, earlier in the week, we got a preview of chevron's numbers when they extended mr. wirth's contract for a period of years beyond what had been the retirement age at chevron, and they announced the de departure of their long-time ceo. we got a preview of that but both woods and wirth talking about a world that still needs an awful lot of what they're producing. take a listen. >> i think this year, we're going to see record high oil demand i expect that to be then next year even higher, so certainly in the short to medium term, there continues to

exxon mobil is betting on an ev boom and is currently exploring getting into the lithium market.gredient in rechargeable batteries. against this backdrop, exxonmobil, the most powerful among the traditional energy companies, is considering getting into the lithium market to produce the electric vehicle battery metal. this is what darren woods, exxon's chairman and ceo, told investors during the company's recent earnings call. we're, i'd say, actively exploring that opportunity set and like what we're seeing so far. mr woods described lithium mining as a naturalfit for the company. extracting the lithium is very consistent with a lot of the things that we do in our refineries and chemical plants and, in fact, in some of our upstream operations. so that piece of the equation is, again, not new to the company. exxonmobil is rumoured to be in talks with tesla, ford motor, volkswagen and other auto—makers to supply lithium. that's according to a bloomberg report. lithium remains tiny compared to the fossil fuel business that has powered profits for exxon and for the other oil majors f

they said they could handle an exxon valdez size spill every day. they couldn't. bp said the spill was 1,000 barrels per day. it wasn't, and they knew it. in preparation for this hearing, the committee reviewed the oil spill safety response plans for all of the companies here today. what we found was that these 5 companies have response plans that are virtually identical. the plans site identical response capabilities and tout identical ineffective equipment. >> over one million dollars will be awarded to the teams that prove that their cleanup system could meet the competition's strictest requirements. >> our first prize, the winn schmidt oil cleanup x challenge was a response, essentially, to something we all remember, the deepwater horizon oil spill in the gulf of mexico. in 2010-- i certainly remember, i'm sure a lot of folks do--this was ongoing every day, oil spilling into the gulf, the havoc it was wreaking on wetlands and other critical ecosystems of the gulf coast, you know, from texas all the way to florida. and the sort or feeling of helplessness. >> th

it's another niche exxon's in and actually sits behind these other massive projects that are going tove earnings and cash flow the next five years better than any large oil company frankly with the risk adjusted balance sheet i don't see anything touches it. >> huh next up, pepsi shares. slightly higher today after the beverage giant eats earnings estimates second quarter and raises full-year outlook volume fell as a result of higher prices. here's what the cfo had to say about it. >> keep in mind commodities for us right now, we don't think they're actually going to be going down in price. we think the rate of inflation is going to reduce but we don't see the basket of commodities going negative anytime soon and need to continue to take pricing. not at levels seen in recent past why we're doing more of this pivot to productivity. drive margins through productivity and pretty successful at it. >> should the stock be choice of a new generation of investors? >> you know, this has been, best in class of all packaged food and consumer-related companies 23 times earnings is not pricing in

exxon mobile out with numbers. earnings coming in at $1.94.hey've seen in first quarter the last time they made this money, sorry, second quarter, 2011. that's when brent crude actually averaged $111. managed to earn much more money on a lower base. i think brent closer to something like $80, $81 most recent quarter they've become more efficient but the number below what the street expected. lower natural gas realization and industry refining engines adversely impacted results on this saying the company remains on track to deliver $9 billion of structural cost savings by end of 2023 relative to what they did in 2019 accumulative structural cost savings to date, $8.3 billion. looking at cash flow from operations, $9.4 billion free cash flow $5 billion and that does include a network in capital impact of $3.6 billion driven by, they say, higher seasonal cash tax payments total earnings for the quarter $7.9 billion excluding items identified with additional european taxes on a sector coming up 7:30 a.m., stock down, talking with the ceo >>> big o

w 'saning the position next. >>> welcome back take a look at shares of exxon mobil down 1.5%, lower after reporting earnings jim, you own this. it's clear given where oil prices have been that obviously the profits of an exxon and a chevron were going to suffer as a result and that's exactly what you got. >> exactly what you got and little bits and pieces here we're finding not doing so well, but to the point you made, scott, look at where oil is, almost $80 a barrel for most of the last quarter it was in the 60s and 70s. you should see profits picking up you and i had a good debate about the spr. i caught your skepticism i disagree politely. we have to refill the strategic petroleum reserve. refill it. china, look, can it get worse? it could if they go back into covid shutdown i think you'll get stimulation and growth there hey, honestly, it's a good thing because that helped europe get through the last winter with the russian situation. as we go on and as the recession gets at least pushed further out if not completely taken off the table that energy prices stay high and a company

us oil company exxon mobil has reported a 56% slump in its profits in the past three months — missingter a sharp drop in energy prices and lowerfuel margins. but they are not the only one. all the oil majors have seen massive falls from the huge profits that they made a year ago after russia's invasion of ukraine sent oil and gas prices soaring. michelle flery is in new york. hgppy happy friday, lovely to see you. it is a funny old world we live in. here is a company that profits dropped 56% but i'm looking at the numbers and they still cleared a net income of $7.8 billion in three months. that is not too shabby. it is still a great profit for this country. company. if you compare it to last year you see this huge slump. in part, ithink to last year you see this huge slump. in part, i think it tells us less about exxon and more about the state of the energy industry as a whole. as you mentioned in your introduction, the ukraine and russia wore basically appended to the energy market. you saw oil prices go up. if you look back at last summer injune, west texas intermediate oil was trad

exxon mobil earnings hitting the tape.. it was a decent quarter. they missed on earnings per share, came in at a buck 94, street looking for 201. there was a strong beat on revenue. they're a talking about cost reductions for the year, in total it's going to be worth about $9 billion. the company also talking about acquisitions, both exxon and chevron have been on kind of an acquisition tear. we got chevron this morning, let's take a look at that stock as well. this was a double beat. came in at 320 on earnings per share, street looking for 313. chevron down more than 2 and a quarter percent. worse than exxon on a percentage basis. this was a revenue beat, 48.9 billion versus 48.17 billion. the comparisons to last year tough for both companies because they had record breaking quarters a year ago at this time. both of those stocks as you can see right now in the red. some other headlines we are following for you this morning. gilgo beach serial killer suspect's family returning to their long island home in tears after polic

board member in other words, he got crossed off, and that happens all the time, even though exxon istrying to forge a new future to a certain extent obviously, it's important from its business perspective for the future, in terms of carbon capture and sequestration. >> so, in the last two years, we saw about $200 billion of added money in our -- in renewables, decarbonization. the money is there we're seeing it. we're investing. >> but are the metrics right is it working properly in terms of the capital flowing to where it can to actually decarbonize our world in the proper way? are certain companies associated with fossil fuels just not on the list >> i think darren said it really well >> ceo of exxon. >> he also said, we're going to have to create efficiencies to make it really profitable to meet their return on equity without the governmental subsidies. >> but you're the key here in -- one of the keys in deciding where capital should flow in terms of companies that are doing the right thing. >> the risk of not doing the right thing is horrendous. >> that's our clients' money, and

lauren: colgate-palmolive, exxon and chevron. exxon profits fell 56% from last year.one is crying for exxon mobil which we are talking $83 million in three months in revenue. they are cutting costs. they are committed to returning $8 million in cash to shareholders but i suppose shareholders are disappointed today. chevron production was a record quarterly high for chevron. profits down, cut in half. revenue cut by a third and this is because oil and gas prices are lower than they were this year. in the permian basin for chevron. dave: we should mention they are up, oil is up $80 a barrel today so if it keeps going in that direction might be better fortune for the oil company, not so much for the consumer. squeak green, the sabbath people taking a hit this one, what went wrong. lauren: they are unprofitable. where's the money? revenue is also light. it's not all negative. they opened more restaurants, still popular and ingredient costs are coming down. not sure that means their prices are coming down but that will help them. dave: i don't use roku. do you? they report

exxon makes clear the particular str of the methods of operation are not what the commerc protects. the fact that costs might go up for production is divorced from the commerce clause itself which is about the interstate movement of goods. canave that trait? when you step further ay from that and you say i'm worried about how much it costs ake th another states who now stepped away from the core laws, the trails of commerce in the instrulity of commerce. yre now in the land of, commerce.thing that affects it affects commerce in -- be. way that's just too far. negative implication from constitution limit on ik exxon makes that quites ca but even apart that, the allegatio >> let's look at this , both sides want to exclude thingsfrom the pike analysis. right? mr. bishop to exclude our mor interests. au want to exclude a world of economic s, because you that is not really the commerce clause is all . 't pike just saying that you mix and it's really hard bute somebody has to make the judgment? and has not been made yet in this case. >> think that exxon m that judgment that you t say ever

it's a much exxon produces. so $300 million. it's i think that when when the stock market stopped trading, when russia invaded the ukraine, it had a $60 billion market cap. so it was 200, 200 times. so you bought the equivalent of exxon for $300 million. that's a stand in on the street corners. this guy is a lot smarter than i thought. yeah, let's just. let's just say that right? so, you know, it's like many things. if i had held on to it, it would have been great. i sold it after, you know, way too soon. you're still alive to talk about it. so selling sometimes can have advantages beyond the monetary point. so. all right. so we're we're now heavily invested in russia. now we're making serious money because things are undervalued. and you and your partners are perceiving value. and that value is coming into being over the course of the nineties. and you manage the logistics of mastering this fact. you're privatized. so here we are, 30 years later and now we have a book. so where the book come from? what motivated you to do the b

the fact that exxon is such a dominant force, i think it's $400 billion operations in the globe, willp it at the forefront. i really like the stock to maybe 120 over the next six months there is a couple of possible wild cards here that could play its way. in the ukraine war, if there is a vacuum leadership in russia, that's going to create a lot of turmoil in the oil market. if we have a cold winter with natural gas in europe, so there's upside and the downside also >> let's move on and finish up with roku. up nearly 80% this year but still well off the 2021 highs. the company expected to report a loss, but with meta's positive commentary yesterday on ad revenue, there could be some hope here. remember, the media industry is dealing with strikes, ballooning cost, and those will be a key factor for roku and its profitability as we move forward. your thoughts on rok snuu? >> if you're not willing to lose half, you can't touch this stock. it's a very speculative play it's the darling of arc because of its interesting technology. it's trying to do something unique in the streaming space,

that's also going to be rewarding the exxon mobiles, valeros, chevrons of the world here this is a veryd place to be in right now you saw hess, for example, even in this environment not 100 only 70, doing terrific these companies have been honing their skills, cutting costs, and bringing in profits out of just $ 70 a barrel. >> great to have you here. thank you for time and insight. >> thank you. >>> coming up here on "worldwide exchange" why sweet green is leaving a sour taste in investors' mouths this morning your big meyon movers, coming up right after this stay with us. you should get a second opinion from innovation refunds at no upfront cost. sometimes you need a second opinion. [coughs] good to go. yeah, i think i'll get a second opinion. all these walls gotta go! ah ah ah! i'd love a second opinion. no. i'm going to get a second opinion. with innovation refunds, there's no upfront cost to find out. so why not check like i did for my small business? take the first step to see if your small business qualifies for the erc. meet gold bond healing. a powerhouse lotion that moisturize

it's a much exxon produces. so $300 million. it's i think that when when the stock market stopped trading, when russia invaded the ukraine, it had a $60 billion market cap. so it was 200, 200 times. so you bought the equivalent of exxon for $300 million. that's a stand in on the street corners. this guy is a lot smarter than i thought. yeah, let's just. let's just say that right? so, you know, it's like many things. if i had held on to it, it would have been great. i sold it after, you know, way too soon. you're still alive to talk about it. so selling sometimes can have nt beyond the monetary point. so. all right. so we're we're now heavily invested in russia. now we're making serious money because things are undervalued. and you and your partners are perceiving value. and that value is coming into being over the course of the nineties. and you manage the logistics of mastering this fact. you're privatized. so here we are, 30 years later and now we have a book. so where the book come from? what motivated you to do the book and

sector exxonmobil warning that lower nat gas prices will hurt its second quarter results there you see exxon down 3.5%. chevron following suit down 2.5% and conocophillips down 3.5% affirm also down big piper sandly downgrading that stock to underweight it puts the price target at $11 because the big concern, rising interest rates will hurt the margins. you see affirm holding, down 14% on the day let's get to bob pisani for more on what's moving. >> at one point we were quite weak in the middle of the day. 4384 was the low for the s&p 500. we bounced about 30 points look at the midday bounce. not a lot of volume behind this recovery in the middle of the day. i think that's a sign of seller exhaustion, not buyer enthusiasm nonetheless, an up market is an up market and we're well off the lows here. energy has been weak but not just today but weak frankly all weak another weak name is bank stocks semiconductors has been a market leader throughout the entire year notably weak on the day. consumer discretionary a bit weak and consumer staples holding up banks have been hit on concerns about loan

i think exxon that quite clear.ven apart from that, the allegations -- >> let's look at this case, both sides want to exclude things from ke analysis. right? mr. bishop wants to exclu our moral interests. and you want t exclude a world of economic harm's, because you think that is not really what the commerce clause is all about. isn't pike saying that you gets t throw them all in the mix and it's really hard but somebody has to make the judgment? and it has not been made yet in this case. >> i think that exxon made that judgment that you do not say maybe expenses a force and ybody who is -- and go out of state. operation.s restructuri no, ireland has to make the determination that they do not want the rioters to be operating gasquet shunts. likewise, here, california gets to make the judgment withi states. it may drive up costs for caia. serving california and payingre more thatst more for them but that simply on affecting co trouble thing. commerce problem.terstate it is an effective commerce problem i do not thin

the 1st live in exxon in north telepresence, the, the russia has ended a deal that allowed grain to be exported. also, if you cranes blacks the ports it expired on monday evening most ago says conditions for extending the agreement, haven't been fulfilled. the tech is president red chip type at once as his government is trying to get russia back on board with suicide, it has moved from a stumble. this is the last you carrying green from ukraine on the blacks. the green initiative, brokers by the united nations center to yeah. or now russia has pulls out seeing is demands have not been met. russia wants to see and, and west of the 4 sections on the russian agricultural bank and to restrictions on shipping. an insurance that must go say is, has hampered, it's agriculture, the exports. and the ticket is one of the main beneficiaries of the deal is that he's hopeful it can be helped. again, there will show that i've shown up there, i believe my friend president boots and once this humanitarian bridge to continue in the meantime, uh for administer will hold as meetings with discounts of tho

jessica washington ultra 0. exxon city, south korea, of thousands of for testers have once again, rather than israel against the government's plans to overhaul the district. ottoman recently passed the 1st reading of a bill, which critics say with cub the supreme court powers june has more from west jerusalem. these protesters have converged outside of the supreme court. why that supreme court? because it's the supreme court that would have it's ours. it's oversight powers limited. if the bill that's been proposed by prime minister benjamin netanyahu passes its 2nd reading might happen next week. we are determined to continue to send the message and they will not back down until this proposal is show i think of future. a and my family as a part of this country and all my environment is being deciding whether we can make a change or not to deal with may have a 2nd or 3rd reading to connect soon. next week is part of a larger package, a larger do, do some overall package proposed by prime minister benjamin netanyahu. and as far as like we coalition and critics of those proposals say that i

but that is the extensive damage here in exxon city. many people asking questions about the preparedness of authorities as this crisis unfolds, particularly in agricultural areas like this one, the farm that we was speaking to was certainly very stoic about the situation that he's facing at this moment despite the fact that his livelihood, and indeed his family's livelihood is now in the states completely destroyed. he's calling on this area to be declared a special disaster zone, which would help the local community in terms of funding to, to make some sort of recovery from this difficult period. and certainly questions being off on a national level as well if south korea is to focus on, on measures in terms of recovery rather than thinking about preventative measures in advance considering that these incidents of extreme with us seem to be happening increasingly frequently. jessica washington, which is 06 on city, south korea. the russia has ended a deal that allowed grain to be expose it out. so if you cranes, black sea port expired

if any provision went to exxon and batteries, after a brief, usually against russia, or the 17 people were killed when a toxic gas leak from the canister as an informal assessment, east of johannesburg, south african with our to say gas cost is used in indigo mining, cause the depth, how many middle has more from books for a prayer for the dead. and so those who survived the e as in globe last full family members of a gas leak at this informal settlement and books pub near johannes, bug. the youngest of them 2 and 4 years old to other relatives in hospital amino video at oakland and it was my connection they had in the corner. they took me on my trunk. when we came back, our found my sisters on the ground. at that point i felt dizzy, and i didn't know what was going on. i felt like i was just going to be a poor person. i need it. according to police, the gas leak was caused by minus illegally processing gold. just one or 2 brits of a very high concentration of nitrate oxide can cause severe home. police have confiscated at least 15 gas cylinders tearing down shelters, and this man can

farm land damage, done more than half a 1000000 live stock, killed jessica washington reports from exxon city. of many, a still in shock here in north june the regents at the disaster that has on folded in that community that you provided to me for this. since it's the 1st time we've had this much rain, all of a sudden everyone is in a days people evacuated barehanded. everyone is staying in the school auditorium. i'm not sure what needs to be done. he says the area around his home looks like an ocean with farm land and roads submerged in the floods. this week of intense rainfall is having a particularly devastating effect for thomas. with more than half a 1000000 lives still killed as tens of thousands of hector as a phone lines damaged. the can seek has lived here for almost 70 years. now his property is lined with offers his crops, watermelons, chili peppers and more. we need to get the water in my greenhouse is up to my shoulder. the water entered my house, the rooms and all the electrical appliances and fall, machinery unusable. it's over, it's all over. everything has been ruined b

this quarter >> exxon was a leader today in the group. >> what is interesting, carter reminded us that the s&p, energy is 4.2% or 3% of the s&p, i've been saying, i think that's going higher so far, it hasn't. but guy's talking about services, gummer w they beat orr the last 17 quarters they have a balance sheet that's as good as it's ever been. we have seeing significant drilling demand in some of these far flung places that at least at times during bull markets in the energy space, you actually have seen oil services names rally, so, i've been long this name for a long time i feel really good about the consistency of the earnings profile and the margin profile it's one of the few places where margins are improving. their costs are coming down. and i think you can own it it has moved, as guy said, it's been a 25% move from june 1, so, pick your spots here and, you know, maybe it's even some, you know, a more conservative guy than the earnings number, but you want to stay long. >> courtney, do you think you have to be careful when you're choosing these names, as we're kind of uncertain

i truly guys i'm you get i'm yeah, it will measure of us the in the bath, daddy exxon heavy. you know, we did trouble whatsoever this in the golf when you have outside of the drum and as back from the gulf when you just found out that i've been had that and it has a wish. i don't go the son that goes over to a set of hands on that to them. what i bad about that is the scope of hendrick. she did mention when i go send a set of hands on with them. when i back on gatto, you on a niece had that he has to be able to, to this, to this semester, which as a blessing to navigate you was, i was that was the number i got the bottom of the, this is uh my limit you know, to, to have julia able to move it as a chest. i just know if the case would use that one does not sound what let's do is a must look to shop. oh gee, it should have had a joy to to go to g to get a list of these as he's a really sweet to me exhibit and the go do the delta v. are you sure i love fall? she looks like we will do the willingness of it on the as you did me, the wife, which is me them. that'd be love as me. yea

this is not exxon. you know >> they're worried -- listen, jim, you do know if you listen, you know.hey want, you know, they're worried about the cloud business that's -- which is a nascent business, so they're making predictions in terms of microsoft's ability to potentially, through xbox, dominate that business a lot of this has been about protecting sony, which seems odd to some people >> protecting sony >> so devoted to defending a japanese company take a listen to what kotick had to tell julia yesterday. >> i think judge corley was very sensible she was very deliberate. clearly understood the details of the case, the law, and made a judgment based on facts and law and wasn't swayed by ideology. i can't imagine the ninth circuit would grant the stay you never know, but i would think that would be highly unlikely, and it just wouldn't be productive. >> well, there you have, in terms of the update on the legal side of it the ninth circuit with that. he says he doesn't see it happening. and then, that larger question that we have entertained so often, carl, which is, with the ftc's

the purchase will provide exxon with the largest network of carbon dioxide pipelines in the u.s.ucture is critical for capturing carbon emissions from heavily polluting facilities like refineries and chemical plants. bloomberg has learned shell is expiring options for its global renewable power operations including a potential stake sale to outside investors. in the company is also considering separating the business into a more independent unit. it shall's renewable power unit is under pressure to generate profits in addition to cutting the company's carbon footprint. he was versus spent $7.2 billion online during amazon's prime day. these figures are 6% higher from a year ago but shorter than estimates from 9.5% growth. an increasing share of customers used by now, pay later measures. the ftc has opened an investigation into openai over its popular chatgpt service. as or says authorities are questioning whether the conversational ai bought puts consumer's reputations and data at risk. the ftc has raised concerns over ai in the past, saying regulators need to be vigilant. let's

exxon was punished for spreading rumors like this. families of sandy hook are getting more than one billion and 400 million dollars from alex jones. please accept it. dear friends, don't watch the video of the bombing today on the page and in cyberspace, because any news and video in cyberspace is punished. or they endanger the health of society, they are sentenced to three years in prison. if anonymous user accounts are used to spread false information, the punishments can be doubled.

have outlooks concerning investors at least there is an analyst view that the guidance picture for exxon is not all that rosie. worries about the cover price weighing on names like freeport-mcmoran. on the technology front, everyone has been talking about mark zuckerberg launching threads. right now whether it's meta-or tesla, we are seeing red within the technology group as the market is reassessing its view on technology stocks in the face of the economic data today. >> do you have a threads account now? jon: i'm going to give it a thread or two. matt: i'm looking at the adp numbers because that has eclipsed threads as the story of the day. massive gains in jobs. 497,000. for the most part, we saw almost all groups rise. financial services, information services, no. leisure with more than half the gains. services a huge jump in terms of the adp numbers. this is what has driven the markets down. jon: when people are trying to figure out data points like this where is the recession, we had a conversation about that very issue earlier today with a noted economist. here's more on what he h

you've seen a negative effect, for example, at exxon. a significant, multibillion-dollar effect.will be a somewhat weak order with a lot of attention, as you rightly say, on the buyback outlook for bp, especially now that oil is back up to 85. what we saw was chevron and exxon is that despite them being kind of breakeven, they did maintain very aggressive, already with decent dividends that did not get cut during covid. both of them actually cannot buyback for various reasons, related to at the moment. there is an opportunity here if the big guys can step up and narrow that valuation gap. alix: is that all it is going to take? is there anything else bp can deliver tomorrow that can help close that valuation gap, or will it be there until payouts? paul: obviously, we have seen is a significant u-turn turn, essentially backing off the whole renewables. we have done a great job in oil and gas, we can do a great job in renewables. bp has done a horrible job in gas over the past 20 years. the idea that they could now become a huge renewables company was rightly very highly questioned

and it is the work of the american government for exxon spreading rumors was punished in this way.ilies of sandy hook will earn more than one billion and 400 million dollars from alex jones. there are many things that are illegal in turkey. make many cyberspace activists responsible. dear friends, don't watch the video of today's bombing inside the page and in cyberspace. because any news of the film in cyberspace is punished. they endanger society and are sentenced to three years in prison. if anonymous user accounts are used to spread false information, the punishments can be doubled. they are falsely referred to as weapons of hybrid warfare. when false information enters society, they become a bipolar space that can easily polarize our society. trust in institutions at the national level or in the european union. the digital services law or dna in section 104 of the dna law says heavy fines for offenders, which is intended to counter the spread of false and misleading information, has been passed. in addition, in australia there is a bill in the hands of the government to monito

recent 9-0 last in the exxon case.k. that's a real challenge for them. >> let me ask you this, change subjects a bit, have you followed crypto world at all, xrp ripple case got handed down, xrp is big digital coin, ripple is a big crypto company. they sold it. they were sued by the sec case came down today and basically said, i'm not sure what it said. one-half said ripple lost and other half ripple won it is not registered security. have you make heads or tails out of this. >> i have not read it. at doj, we thought blockchain the technology itself has a lot of procompetitive potential. it needs to be regulated but needs to be done in a way you open up the markets. jay clayton at the sec and i were very you know, open-minded about that. >> right. >> but i have not looked at this case and i'm looking forward to reading it. >> i will say one thing about you, makan, you are not a ideologue, you're a free market guy. you called them as you saw them when you were in that chair. nice to see you, pal. >> thank you. great to s

it's up in that category of the chevrons and exxons. got have it in a divert phied portfolio. >> apple interesting look, sat here ten days ago and i told you google and meta will exceed expectations most people would say, well, we're not sure. a lot of headwinds with those two companies i think apple high bar now people are looking to see how is apple going to keep growing? great capital, but what's 159 going to do, service revenue going to do? the 15 how do they keep growing they are a really good global consumer. >> for sure. >> people looking closely to that especially if you look where the dollar is. dollar starts getting weaker, talk more about that later cost more for people overseas. i think we have to look at apple. a really interesting story, uber up 80% for the year. continuing the growth cash flow? are people, as people travel more, do more rides and food that's a stock also has a high bar as well. starbucks reporting. a good stock for global. >> right. >> how are peel doing overseas europe slowing down. what do they say abou

darren woods is the chairman and ceo of exxon thank you.eat, becky. bringing down inflation without making unemployment go to 10%. that would be great if you could do that. get rid of the emissions but keep my 911. can i keep my 911? i'm not going to buy a ferrari if it's electric not that i could afford one. >> i love -- not this -- >> you like the american flag? we like that sweater too that's awesome >> boufl >> thank you, guys thank you. >> final check on the -- see you soon final check on the markets 71 points now on the dow not much has happened since the -- even though the ppi was a little bit softer, let's take a look at the ten-year and we've got, of course, we've got a look at the two-year and the one-year for someone who might go shopping today >> no. >> all right >> it's down half a point. >> take a look at oil after that interview and then i want to thank kelly for being here you got up early do you like how i structured the 8:00 for you you didn't have to do a damn thing. >> i did a lot of instagram. >> those were great interv

internal memos from some of the biggest oil companies like exxon revealed that their own scientists haded emissions for decades already. since at least the 1970s. since then, the fossil fuel industry has set out to reshape the narrative surrounding climate change, global warming, and the consequences of burning fossil fuels. it is a decades-long, literally, decades long campaign to gaslight people out of what was and remains scientific consensus. for instance, according to a report by the union of concerned scientists in the early 2000s, a group of fossil fuel energy companies gave us smithsonian scientist a combined one point $2 million in funding to publish papers certain that the global warming trends were the result of a natural, normal cycle of the sun. the same report, which included contributions from the climate investigation center and greenpeace compiled a long list of the oil industry's efforts. the report found that oil companies set their own employees to stage protests against great initiatives. they created fake grassroots campaigns in support of oil as an american staple

>> like exxon come from coal, bank of america, pfizer event verizon, at&t. of the junk-bond process go to good fiancÉ phones. in the treasury market a two-year can yield almost 5% buckles like a nicer place to park your money progresses it a place to park your money. almost 5% into your treasury five plus on treasury bills right now about 4% on longer-term government bonds. treasuries offering recently good deals but exceedingly as inflation around 3% progress an argument among bonding geeks, you put your money in the short term stuff and then help in a year or two you can roll it over at equal yield or do you say look, were not pointed the opportunity go to tinian park at 3.7 or so? ask him about. 5% t-bills are hard to pass up i don't think you're going back to zero short-term rates anytime soon you make it three -- 5% short-term yields for quite some time right now. quick to look at the yields of the treasuries are getting 5%, is it worth it to look at junk bonds are they worth the extra risk? >> junk-bond is 9% of pre-could yield given the fact it looks

come through the i'm talking sound, which kind of bice exxon's occupants were not in the will see but no. yeah. so the for the was the perspective but the get there we go to get through all this ice. there's a lot of it around it. we're finding these clear passages trying to, we've all way through the i everyone on board is just willing to shift to make it into the proposed pine tree. the big problem is getting people to realize why they should care about the i'm to take, you know, this is why i like that most people have never come across will never come across. and sort of being able to tell that story relies on us getting that are related to not getting the pushes back until talking about the importance of effective pay stubs without any recovery. we put these areas of limits. the fact that climate change will be not as bad if we managed to put large areas of the ocean on the darkness pools, but there is no rest on the bridge for the captain and the night crew. the flood lights on the bowels show the ship. now knowledge dumped quietly against the ice, unintentional move for the rem

if can you precaution, went into exxon and batteries off to a brief, unusually against russia in a deal agreed with president vladimir putin on a smith in minsk bell or russian president, alexander lucas. chicago was eager to describe himself as a peacemaker, to stop, to potentially catastrophic confrontation between vladimir putin and of gaining precaution. but the chief isn't here anymore from the hordes of so speech, and he's currently in st. petersburg, where he was as of this morning, maybe he went to moscow, maybe i'll square. however, he's not in the territory the lowest. i'll just over with him, the military base about 2 hours outside the capital minutes, which is believed is being prepared to house, watching the finances. yes, it is just bored tribute. well, if the wagner group will be here, they are part of the balloon rouge, an army, and they will protect our interest when they make a decision about deploying here. will sign a treaty with definitely to come. i asked the president if he thought flooded, mae approved and had been weakened by what the wagner group was able to ge

not festival industrial shooting, but it was about 3 to 10 very strong and their traditions lc in exxon mobil 4 know off to northern italy, to alessandra, were a famous fashion accessory, has made history, the personally no hat has not only found its way into celebrity culture, it even has a museum dedicated to it style. wide range of elegant and wearable by all the bolts really know how it is a time, a start icon that has made a name for it. so in movies and beyond. johnny depp. okay. most a justin timberlake are among the stars who wear both salinas. the huts would be made and now the sand fee and all of them easily for more than a 100 to 60 years. some of the machine see it even take back to the 19th century inside. and we have told the board has may because we are our new while and this is the war. so made a rabbit 1st built obtained following animal will pay and regulations. the felt is combed, loosened, and then rolled up in price. then assess ration middle cons, sydney, a born fibers, and starts to take shape. are about to trump. he is responsible for the rolling process here. th

i'll saying exxon mobil 4 know off to northern italy, to alessandra, were a famous fashion accessory, has made history. the bar selena hat has not only found its way into celebrity culture, it even has a museum dedicated to it style. wide range of elegant and wearable by own the both really know how it is a time, a start icon that has made a name for it. so in movies and beyond. johnny depp. okay. most a justin timberlake are among the stars who wear both salinas. the huts would be made in alexandria, northern italy for more than a 100 to 60 years. some of the machine see it even take back to the 19th century inside and we have so you may recall generation over generation. we are how are know out. and this is the war. so made a rabbit to still, to obtain the following animal will pay and regulations the felt is calmed, loosened, and then rolled up in french. then assess ration the middle cons, sydney, a born fibers, and starts to take shape are about to trump is responsible for the rolling process here. the filters shrunk down in hot more to pick we. this is where the filtering proces

absolutely not best for about 3 to 10, very strong and their traditions, alpha and exxon mobil 4 know off to northern italy. to alessandra, were a famous fashion accessory, has made history. the bar selena hat has not only found its way into celebrity culture, it even has a museum dedicated to it style. wide range of elegant and wearable by old. the both really know how it is a time, a style icon that has made a name for itself in movies and beyond. johnny depp, kate moss and justin timberlake are among the stones who were both salinas. the huts would be made in alexandria, northern italy for more than a 160 years. some of the machine see it even take back to the 19th century inside. and we have same scenario and say no house sold the past has made because we are our know out. and this is the want somebody to wrap it to the field of change following animal will say. and regulations, the felt is combed, loosened, and then rolled up in french. then assess, raise at the middle cons, send me a ball in fibers, and starts to take shape. are about to jump is responsible for the rolling proce

draws, it draws that this ball beating, but the draws the the drawers, the, the, the concept of these exxon's, the next unit president, 7. this is step to the next us, next you are in uh, you know, quite so wednesday landscape. these accounts have been deeds for democracy. there's not a were up in the west of need. yeah. that's the default that's of the situation that that's why or do so a narrative about doing value is just it's action. and so i, david 11 last question for you. how much of an impact is this going to have on the 2024 election we have about a minute left? well, i think it's, it's going to be a huge it back to 2024 election. the binary restriction is secretly trying to wind down or trying to establish the security guarantee for the pre. and that would replace the needle membership. and that would only be be issued out for indigo shooting fee. so the problem is, the they're so far behind the power kur, while they haven't been negotiating with russia and all that we've been throwing in diplomatic temperature with russia. on the republican side, the 3 leading republican presidenti

nigeria who upset the co host 3 and 2 leading group be why don't minutes before half time, heavily from exxon 5 into the corner of the net to put all straightened out ahead. the super falcons responded just before the break. when you train our economy, found the bowl as have feet and leveled them. in the 2nd half nigeria edits to mobiles to secure the victory model, australia score late in time. and the united states and the netherlands met, and the re max softly 29 to 2019 wealth comp final a dot side looked prime for an upset of to scoring the 1st go bought the americans managed 811 rule. the debts came into the match with the promise of finding a gets the feeling broke up champions. the us packing more punch in the 1st half the netherlands took the lead through, midfielder jewel roared, and the 17 minute dominic incident nearly doubled the lead for the 2017 european champions. but over shot the target, the us went in and a half time trailing in a world cup match for the 1st time in over a decade. overcoming a disjointed 1st half the us c's controlled, and that is a 62 minute equalizer. on

what we're doing here is increasingly important exxon. we're already feeling the effects of climate change. it's a similar picture even further to the north. recent burial forest fires in siberia, alaska and canada reeked havoc. c o 2 emissions from world fires have spiked drastically. and recent years in 2021 they released twice as much c o 2. as global aviation presenting bald fires on putting the brakes on climate change at fine. it is preparing fire brigades for the future. so let me know whenever warehouse in the vehicle we try to stay power low, it's fine if the vehicle is a slight distance from the fire oil mission and demonstrates an efficient what was a saving technique for putting out fire safety? vicki ready? yes, it's good. with the pump and roll method, the firefighter is used in houses and work directly on the fire. they training for the real thing. forest fire expert to be as hello sits, the field on fire. this is the flames. don't jump the brakes. the bail, it's 55 has have done everything, right. i think that's what we wa

tom, october, exxon and june hasn't been as well as the sub perfect timing. thank you so much for your time. so higginson, thank you. well that's up this and he is our walk in and just on the 30 minutes with moines, the last one is the the the, you know, sort of course into solving. so now are you giving me because my snap is no problem ma'am. ma'am, can you me upload the like the your email i just the the cover me with your position you go under a fill out to a relative living? yes. some of them wash? no. i've used to some of them wash. no way. i know it could just by jump the somebody, me on the story, a show of different categories, much to my number and alliance menu. and also in your process here, where you can respond, exempt of the flow rate and that's curtis, by the end of the cartridge. finally, just one second, let me put it that way. i need us to go to our, to force and use national musicianship disagreements. we just need to spend the color of the revise across my board of deadlines because all, some of them had your set of pleasure in a combined