. >> police in riverdale, utah, say they found 17 year old kai huang in a snowy camping area about anour outside salt lake city, where temperatures dropped to freezing at night. police say what happened to huang is part of a disturbing criminal trend called cyber kidnaping, and that kidnapers threaten young foreign exchange students and their families and they demand ransom. the victims are told to isolate themselves and then closely watch through facetime calls and or skype. they're told to send photos of themselves to cyber kidnapers under duress, which are then sent to the parents, making it seem like they're held captive. the victims are told their families will be harmed if they don't comply. police say huang's parents in china alerted them that he had been kidnaped, leading police to discover that he had bought camping gear. they say after analyzing and assessing bank records purchases over the last month, cell phone ping records and the camping incident, they were able to pinpoint where he might have isolated himself. they found him in the brigham city canyon area with very lit

. >> police in riverdale, utah, say they found 17 year old kai huang in a snowy camping area about an hour outside salt lake city, where temperatures dropped to freezing at night. police say what happened to huang is part of a disturbing criminal trend called cyber kidnaping, and that kidnapers threaten young foreign exchange students and their families and they demand ransom. the victims are told to isolate themselves and then closely watch through facetime calls and or skype. they're told to send photos of themselves to cyber kidnapers under duress, which are then sent to the parents, making it seem like they're held captive. the victims are told their families will be harmed if they don't comply. police say huang's parents in china alerted them that he had been kidnaped, leading police to discover that he had bought camping gear. they say after analyzing and assessing bank records purchases over the last month, cell phone ping records and the camping incident, they were able to pinpoint where he might have isolated himself. they found him in the brigham city canyon area with very l

claire huang, chief strategist at the amundi institute, shared her thoughts with us.m the supply chain disruption to be very temporary, orjust like an episode in covid. and we've already seen some degree of recovery as we move towards the end of 2023. and this year, like the other asian economies, at amundi we project 2024 will have moderate export growth recovery in china. i think if you are trying to get a clear picture of china's economy in 2024, there's one indicator that cuts through the noise, which is the cpi. cpi genuinely reflects the economic reality in china more than any other figure and it's very critical. if you look at solely the aggregate growth, you might conclude that china is adjusting well to lower range of growth, but let's know the full story. european markets are mostly gaining today, despite the escalation in the red sea. paris is enjoying the best of the games there, up by nearly i%. barrels of oil are about [i%. in previous crisis, prices went well higher than $100 a barrel. that's all from me. bbc news, bringing you different stories from ac

chinese ministry of state security announced on social media mi6 had used foreigner huang muumu to collectinese citizenship, british secret intelligence service had recruited hong who heads an overseas consulting agency back in 2015. the chinese ministry is yet to disclose the nationality or gender of the suspect and the british authorities have yet to comment on this. china and britain have traded barbs in recent months over allegations of perceived espionage and resulting impact on their national security. and iran's economy's thriving in the face of brutal western sanctions. new reports reveal a whopping 22% growth in the value of the country's agricultural and food exports in the past nine months. according to ministry of industry, mine and trade, over 6 million tons of goods including fishery and livestock were exported worth over $4.3 billion dollars. that marks a 7.2% surge in weight compared to the same period last year, according to ministry. spokesperson, these exports have reached some 130 countries with iraq, the uae and russia receiving a significant chunk that as the us and i

ministry of state security announced on social media mi6 to use foreigner huang mumu to collect informationns of preceived espionage and its resulting impact on their national security. iranian economy is thriving in the face of brutal western sanctions. new reports reveal whopping 22% growth in the value of the country's agricultural and food exports in the past nine months. according to ministry of the industry, mine and trade over six. million tons of goods including fishery and livestock have been exported with worth over $4.3 billion dollars. i mark a 7.2% surge in weight compared to the same period last year. according to ministry spokesperson, these exports have reached some 130 countries with iraq, the uae and russia receiving a significant chunk. that as a the us and its western backers have been exercising so-called policy of maximum pressure against the aslamic. republic. iran's foreign ministry says january 3rd terror attack the killed 91 in the southern city of caramon proved terrorism is a pervasive threat for global peace and stability. ministry spokes personani made the rema

"chinese ministry of state security announced on social media, mi6 had used a foreigner huang mumu to collect information inside the country. according to the statement, juan does not have chinese citizenship. british secret intelligence service had recruited juan, who, heads an overseas consulting firm in 2015. chinese ministry has not disclosed the nationality or gender of the suspect. british government has yet to comment on the issue. china and britain have traded barbs in recent months over. legations a perceived espionage and its resulting impact on their national security and relations. iran's economy has thrived in the face of brutal western sanctions. new reports reveal a whopping 22% growth in the value of the country's agricultural and food exports in the past nine months. according to ministry of industry, mine and trade, over 6 million tons of goods including fishery and lives socks have been exported worth. 4.3 billion, that marks a 7.2% surge in weight compared to the same period last year. according to ministry spokesperson, these exports have reached some 130 countrie

industrial revolution is not what jensen huang is talking about. he's talking about the iphone and how it can make things broader. he's talking about industrial revolution where we have fewer jobs, more productivity. >> we're back to the denny golden age of productivity, long-term thesis. >> yes. isn't it interesting that he's been the hottest of the analysts. intel, the most humble, does not have an ounce of uberous in that man. >> by the way, more constructive. and to that point, goldman yesterday, q1 gdp tracker. they're talking about real wage income growth. job gains for now. business investment being led by things like this. >> this is charles liang versus jensen huang. then you have notes. gees, gunz blazing on the banks and the price targets are absurd. i want to be in the banking business. it's the end of the layoffs. the amount, i've never seen -- citi, sell to buy. are you kidding me? 46 price tag to 65? what is that? lazarus give me a call? >> goldman from 3.33 to 4.39. >> the time of the report out of morgan stanley is the future is so

japanese, but most schoolchildren prefer the language of the heavens, because the basic nihao and huangitten here once, twice, three whole hieroglyphs, well, because , well it's chinese, but really, right? yes, but i thought it was pashto. okay, okay. and this is their lives. yes. we invite you to become thick-fisted penziks. congratulations! pindyak, pindyak. in this room there is a most valuable thing, the brush of the artist mikhail lermantov himself. here all the water comes from several sources, it is clean, tasty, and cold. since i caught it, let me marinate it. the spice is kept secret. we cook 70% of the dishes in ovens, we prepare vinaigrette, bake vegetables in the oven, smoke it all in a grill. and i decided take herbs, various berries, cook. such an uzvar with the addition of raspberry syrup, i ’ll have lamb lula here, great, so let’s get started, let’s go, premiere, cooks on wheels, today on the first one, old barrel cognac, a product of the stellar group. today , the khabarovsk territory is home to the chinese, koreans, tatars and belarusians, but the nanais were among the

it hype, to me, one must have never listened to satya, to mark zuckerberg, to lisa sue, to jensen huang. i'm saying the spending is matching the narrative. if you look at microsoft and meta, they are trying to monetize that. microsoft is trying to monetize that with co-pilot this is going to be a long ten-year spend. jensen thinks a trillion dollars of rebuild. can stocks get too ahead of themselves? sure. i think trying to time that and be cute about it is tough. once nvidia gets close to 500. that's a great way to play that as the market, to his point, has not wanted the stock to get over 500 and shuts it down every time. this is not hype. >> steph, a key question is going to be at what level, forget the multiples, but the prices, attract buyers, alphabet, now green. microsoft, now green. we'll see if it lasts. but you have to believe that at some level leavers are not going to let these stocks go down too much. >> sure. so i'm inclined to sell the rest of apple. i know you didn't ask, but i only own a 50 basis point position. i would be more inclined to sell that. you're not even get

>> no, because jensen huang in some personal discussions i've had with him has fantastic relationships with mark zuckerberg, with amazon. what he speaks of when he talks about them is, look, they're trying to make their own chips, but they're fantastic partners. that would surprise me because jensen huang is someone who comes in peace, as he says, and is not about to upset the apple cart. >> interesting. again, something out in the marketplace, and in no way, shape or form am i indicating that i think it's true, jim. those are the kind of things that are discussed. how many of these businesses get into each other's business in some way becomes sort of a question. >> when he's spoken -- really there was an amazing discussion he had when he went to snowflake. he discussed about how even though snowflake thought perhaps there's another way to be able to get nvidia's chips down in price, one of the things that jensen said, we've spent years doing this. we're not about to just give in. what it was like, he defended his turf but also said everybody else is pretty happy with what they can get

jensen huang you think is a visionary. what about dave calhoun? you mentioned cleaning house. >> he's had a rough week and rough several interviews. he clearly is feeling the heat and knows that something needs to be done. he needs to make some choices and some announcements about what's being done. >> the faa launching an investigation into boeing. >>> coming up here on "halftime," bitcoin etfs begin trading. that's one of them. it's moving lower in its debut. the ceo matt hogan joins us next. it takes years of dedication to get to this milestone. the new york stock exchange is a symbol of what america is all about the potential of an american dream. it is day one. a lot of work has happened to lead to this historic moment. the only way you can move a society forward is a true expression of freedom. ♪♪ >>> welcome back to "halftime." bitcoin etfs are trading. several of them are in the red, that includes the bitwise etf. to bob pisani with the cio. bob, over to you. >> matt hogan is here. it finally happened, how many years, 11 years we've been w

>> we're going to hear jensen huang at ces. think he's going to talk about the software component. people are talking about it being at 24 times forward earnings. and it is the foremost a.i. play, obviously, amd up too because it's got secondary a.i. i think nvidia really has just marked time for so long. you know, you haven't made any money since july in nvidia, and i think that you and i were at -- and carl, at santa barbara when they reported that giant miss. miss of $4 billion to the upside. so, carl, i think that nvidia is -- i know. when i went with jensen huang for dinner, he turned to lisa, my wife, and said, we had this terrible miss. we were $4 billion off, but it was $4 billion more than anyone expected. >> jim, there is that reuters piece, which we just showed viewers, saying they will begin mass production of this china chip in the second quarter, although this digit times piece argues china is not interested in nvidia-downgraded chips. >> oh, give me a break. they'll take anything from nvidia. i really think that

i think jensen huang from nvidia would say that.at the difference -- when you have someone like lina khan at the ftc, you should be thinking about the way the president decided, you know what, we're going to -- debra granholm -- we're going to pause. i think a lot of america is like, wow, okay. >> do you not have questions about microsoft openai and what the relationship is is there? >> i think that they are all going to try to bring down price for us just like they did with amazon web services. i care about price. azure, amazon web services, they have cut the price. i think the average citizen is going to be able to get a.i. because of the competition. where she's wrong is she doesn't understand business. she understands textbooks. get andy jassy here. all he will tell you is, our goal is to make it so the consumer does better. copilot is killer. they're going to keep the price down if someone else comes in. price is what america wants. >> let's get the opening bell here. at the big board, it is sports betting company flutter enter

speaking of nvidia, jensen huang just made his first visit to china in four years over the weekend. it's unclear who he met, but the visit does highlight nvidia's concerns about u.s. chip restrictions and this growing competition from local alternatives like huawei. he visited taiwan to secure production capacity for its current and upcoming a.i. chips. but not everyone thinks nvidia is number one for 2024. morgan stanley is replacing nvidia with western digital as its top pick with a new price target of $75. that's why it's pushing shares higher right now over 4%. and the stock is dirt cheap which is really just the -- not associated with a.i. just think of it as a separate type of memory. he said those prices are ripping higher. and then the major catalyst too is in the second half of the year, they will separate their business from the storage business. that's why they're upgrading western digital and replacing it instead of nvidia. >> jason, you want to chat about what's been going on with nvidia of late? >> yeah. >> i remember -- the stock has been incredible. you pick your sub

jensen huang was dancing on his recent trip to china. the u.s.-china tech tensions. he reportedly met with nvidia staffers and unclear if he met with government official, but he's a good dancer, nonetheless. while washington is expected to tighten its grip on ships to china, generative ai could fuel another rally and nvidia, one of the top picks which will report fourth quarter earnings later this week. let's bring in sweeney pajuri at raymond james. good to have you with us. >> so you think that the ai-led rise in a lot of chip stocks has legs, is going to endure this year. how much growth is it going to deliver? >> yeah. thanks, tyler. first of all, if you look at the semi cycle, i think we started this rally some time in october of '22. it's outperformed the s&p by about 45 points and if you put that into con particular, typical semicycles last roughly about two years and you get anywhere from 20 to 50% outperformance and this year we're in the 15th month of the rally and so far the sector has had 25% outperformance normal times we're in the rally and because of a

speaking of heroes, i hope she didn't hear that i said jensen huang is the only smart one.md shares falling, results for the fourth quarter were in line with expectations. these don't tell the story. i'm so glad that ceo lisa su joins us now, because lisa, you used a number last night that's freaking everybody out. by the way, hello. >> good morning, good morning. >> hello to dan too. daniel, you, okay, all great. yo $400 billion total market for accelerated computing in 2027? lisa, that presumes that there's going to be an industrial revolution that will be bigger than microsoft, than intel, bigger than the iphone, bigger than the loom. how is that possible? >> well, first of all, it's great to be here with you, jim. nice to see you guys, and carl as well. look, i think we are in an amazing time. i'm so excited to be in this space. high-performance computing is driving everything that we do, and a.i. in particular, jim, $400 billion t.a.m. in 2027 is about changing the way we do everything. so, think about what a.i. is. it's the most important technology that has come over

occupants of the other plane, a japanese service members returning from an aid mission, were not as lucky huang regarding the coast guard plane. one captain was evacuated, but five other crew members were confirmed dead. >> the accident happened in part because of another major disaster that happened yesterday in japan, a massive 7.6 magnitude earthquake slammed a western region of the country, new year's day, causing dozens of deaths and widespread destruction. that tokyo airport is now closed as crews worked to clear the runway. officials say they'll get it running again as soon as possible to prevent any delays to the rescue and recovery mission. >> i was shocked, you never know what will happen. there was an earthquake yesterday, too. once i got here. there's the fire. you just never know. >> japanese officials say they still don't know the cause of the accident. multiple agencies are investigating in london. greg mallicoat, ktvu, fox two news, and we mentioned that earthquake will the death toll from the 7.5 magnitude quake there in japan has risen to 57, and the rescue crews continue to r

apple, taiwan semi we've heard huang say taiwan semi it has pricing power and they have limited capacity. so while they're building a new fab in the u.s., it's going to take a while taiwan semi, to me, the best of what we see with nvidia and others will be one of the best performers out there that's why i added to it my concern with taiwan semi, is china but as xi has seen the rhetoric, which he's trying to back off of, has really killed his market and is killing his economy. so any move on taiwan is not going to happen, and despite the fact taiwan semi has substantial properties and manufacturing facilities in china, i just don't think the chinese government can move on them. so i'm comfortable with it >> i just want to note intraday charts of nvidia and amd, nvidia top pick was 627 it's down to 620 you can see a peel back here josh is now out completely of amd. bill has trimmed amd and nvidia. if you put up amd and you look at the best price it was at today, almost 184. it's 181 we'll continue to watch the market the dow is only good for about 30 now the s&p has come lower, too. obviou

i remember where jensen huang, a very old and different of yours, introduced grace hopper., a supercomputer that needed super micro to be a supercomputer. i thought it would be something that would be introduced in 2025, maybe mid 2024. how many days did it take for you to have a working model that used grace hop? >> because we work with partners very closely in -- media, we work with them day and night, so when they have new technology ready, we have a solution ready. so, not just a solution ready, but better, greener, and total solution for customer right away. so, we have been enjoy working with the partner and -- media, and other partner as well. and also, we work with customers very closely. so, we study what customers need in an event. when new technology is ready, we call customer, hey, your solution is ready here. that is why -- i mean, we keep very close relationship with all our partners, including customer, and our customer like our solution. so, it is kind of a really happy p. >> well, i think also what we should talk about the fact that some people say, wait a

kaijo huang, regarding the coast guard plane. >> one captain was evacuated, but five other crew memberse confirmed dead. >> the accident happened in part because of another major disaster that happened yesterday in japan, a massive 7.6 magnitude earthquake slammed a western region of the country, new year's day, causing dozens of deaths and widespread destruction. that tokyo airport is now closed as crews worked to clear the runway. officials say they'll get it running again as soon as possible to prevent any delays to the rescue and recovery mission. >> i was shocked, you never know what will happen. there was an earthquake yesterday, too. once i got here. there's the fire. you just never know. >> japanese officials say they still don't know the cause of the accident. multiple agencies are investigating in london. greg palkot, ketv. you. fox two news. >> and tonight, japanese officials are working hard to clean up the damage from yesterday's deadly quake. the major quake, crumbled roadways, flipped cars. there were also widespread water power and cell phone outages across coastal japan

huang for all you have done. our state rep, austin harris, our very first endorsement in iowa.s the state but particularly in southwest iowa. don roberts. don has made more calls and recruited more caucus captains than anyone else. thank you. emily schmidt and rachel gillenfeld are amazing women for nikki chairs. [cheers and applause] bill and connie. y'all have been amazing friends. thank you for everything. i truly do las vegas you both. thank you. the great mayor of nevada, brett parker who helped us organize in story county. and i want to thank the many people who got out in the cold, and it's cold, and knocked on those doors. you are true patriots. and you made a difference in this race. and i will forever be thankful. and we have some people who when through a lot of travel hurd tols get here. but i've got to tell you, i've got three friends who continue to show up every time. congressman ralph norman. thank you, thank you, thank you. [applause] senator shaun davis who drove like 800 miles to be here. representative nathan ballen tine who has always been my partner in cri

huang and i are talking over a glass of bubblety, milk tea with tepioca balls, also, by the way, a taiwaneseised canopies of the roofs with colorful figures of dragons, the same passion for kulunu, over which it is customary to talk about anything, but not... such training - these were non-profit organizations of the liberated russian regions, donbass, novorossiya and russia today is really for young people who are energetic, who are ready... to spend strength, will, energy, this is definitely a time of opportunity, and a country of opportunity, those of the foreigners who participate in various competitions, they are with with square eyes they say: you just don’t understand, you don’t appreciate, you’re already used to the fact that you have this, we don’t even have anything like that, but those mechanisms of social elevators, it’s a matter of weeks, we’ll come back after advertising. the most cruel aristocrat in history, i am the power here, i am the power, bloody barnya and other historical series, only watch on the platform. look, every time i cry, it’s very hard to remember, i went into

the biggest percentage gainer, no surprise, jensen huang at nvidia.more than tripled to $44 billion. now in the top 30, ranked 28. warren buffett added $13 billion but he could not keep up with all of the tech stocks. he fell from fifth place to tenth place. lvmh stock down 20% from its highs but still up $17 billion for the year. he and buffett are the only two nontech names in the top ten. you can see a future where pretty soon it's all tech in the top ten. >> the wealth is just extraordinary. you obviously cover it very closely and so well for us, the numbers are extraordinary. by the way, on musk, does that include what we estimate his ownership of spacex is? >> it does include. his gain was like winning a marathon after running 200 miles in the wrong direction. he lost $200 billion. now he's ahead $100 billion. >> has it accounted for the huge loss in overall value of twitter as well sm. >> it's down 71% according to the fidelity markdown. it's like a rounding year. >> he's lost more than we'll ever have. and he's still up there. >> by a multiple

i remember when i spoke to jensen huang, he said he speaks to mark zuckerberg constantly, and sure enoughns are filled with a.i. i mean, i wear ray-bans. my ray-bans don't do anything. my daughter's ray-bans are taking pictures for instagram. she's listening to music and messaging me. mine, they block the sun. >> old school, keeping it real. >> i got them at costco. i block the sun. i sat on them once. i buy another pair. >> we'll watch amazon and a lot of the big names. you can catch us any time anywhere, listen to and follow the "squawk on the street: opinbe" dct. ckn a moment.s to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. your shipping manager left to “find themself.” leaving you lost. yo

that's an nvidia product and jensen huang, da vinci, optimus picks up an egg.hat jensen has are robots picking up jell-o. think about how hard it is to pick up jell-o >> i didn't know they were in the robot business, nvidia >> it's something jensen likes >> but they don't have a name for their robot. >> he has a room of robots >> you have to name the robot. >> if you name them, you can't crush them you can't kill them. he thinks they're going to come alive. but he does reward them with, like, dog treats ones that get the jell-o up, they get a reward. >> i want to see the video of this i show you optimus i want to see jensen's robot >> first of all, nvidia's robots have a sense of humor. i think that musk just wants to take over the world. nvidia, jensen, just wants to show they can pick up jell-o >> so you think jensen's robots are going to beat elon's robots? >> are you kidding me? jensen's robots come, and they have arms. they can sprint. >> can they do that? >> that's nvidia chips that's a totally derivative -- he said on the conference call, the call that m

zuckerberg's relationship with jensen huang at nvidia is about as strong as any ceo i've seen and i thinkhat if you want an a.i. play, you want meta and may i just point out, david, i have to do this -- i'm going to go to carl, i'm sorry >> that's okay >> sheryl sandberg's brother-in-law bernthal mikey. in two different episodes of the b "the bear" just lit it up >> you want to talk about luxury this morning >> are you going to birkenstock me >> no. i'm going to richemont it's hard to figure out what's going on in china. maybe the highest end consumer seems on okay. but also, by the way, north america, even europe, but generally, better across the board. revenues for richemont, that stock is up over 10% you see it not over the last year jewelry sales. watch sales up >> watch sales is key, because you see, david, your remaining way to be able to show wealth in china without being prosecuted by the government is to have a very expensive watch you can't have a very expensive home >> sales were up 25% in china. >> communists are not against -- >> very low basis. this all compares on china yea

. >> reporter: the cast of the netflix show "beef" making history as well with allie huang becoming thewin in a limited series, winning back to back with her co-star steven young. >> so weird. the story i usually tell of myself, to myself, is one of isolation and, like, separateness. and then you come up here and have this moment and you can only just think about everyone else. and that feels like the plot of "frozen" i just noticed. [ laughter ] >> lily gladstone! >> reporter: and lily gladstone from "killers of the flower moon" becoming the first indigenous woman to win best female actor in a motion picture drama. in her speech, gladstone acknowledging her roots. >> this is for every little rev kid, every urban kid, every kid out there who is seeing themselves represented in our stories told by ourselves, in our own words, with tremendous allies. >> that was a special speech. and some other big moments last night included emma stone winning for "poor things." and kieren culkin for his incredible role in "succession." if you watch, you know what i'm saying. as we look ahead to the acad