it's aimed at exactly the same market as its competitors. >> when ibm started developing the ibm pc ithis young guy named bill gates had started a tiny little company called microsoft. >> bill gates was that unusual combination of a tech guy who was as good as the best tech guys but he also had a business sense. and he had a business vision. >> at the time, everyone was making it up as they went along. there was nothing that came before it. there was no personal computer industry. so when gates said to ibm how about this, we'll write you an operating system for your pc and we will get a cut of every machine you sell, and in addition, he made sure that it was not an exclusive license, that he was going to be able to sell this software to ibm but he was also going to be able to sell the same software to the other people because gates intuited that there were going to be people who would build knock offs of ibm, the pc clones. >> it was a genius move on the part of the bill gates who was still in his early 20s when he makes this decision. you've got these guys at ibm in their blue suits a

you like ibm?it's interesting and not only is it up 4% but on a relative basis outperformed by 17%. a really good place to hide and collect the dividend. it's early days but i think you could be in the midst of a legit turnaround. they are growing and have more cash to actually invest in the growth and a fair bit of the businesses recurring revenue and that's what you want in the market. that's really important and i did not say it was the best in tech that our friend christopher roan published it and i tend to agree it's making higher lows since the bottom and you look at the 140 level bumping up against it and if you push above it it would be positive for the stock and it's a reasonable place to hide because i'm still not feeling that great about the market >> ibm is giving investors a free cash flow story and for ibm were talking about relative performance and not just to the market that to some of the big tech. we are talking about 35 billion in free cash between 22 and 24 and if you think abou

out, ibm at the front and center. and also about nord stream one. in u.s., the nasdaq is up by 1.3%. you can make the argument it has found a bottom in the last few weeks. the question of the day -- is it time to buy tech? let's start with you, coming from the ibm number, stronger dollar, apple slowing the dollar, tech is up? alex: it was a shock to the system. it speaks to some of the skittishness around the stocks which had previously been considered resilient. the top-tier tax have been considered -- from the second tier ones. over the long term, they tend to trend in-line line with much of the s&p 500. they so corrected a little in are trading at a premium for the rest of the market. you can see by this chart there is a three-time multiple disparity between tech stocks and the rest of the market. that might suggest there is some ways to go. anna: alex making the point that if you compare valuations in tech and the broader market, there is a premium in tech stocks. do we look to unwind all of that or do we look to

ibm was the third most used i.t.e after accenture and deloitte is the business doing as well given the macro headwinds, the slowdown and that means that firms are spending a little less on i.t the digital transformation, though, to the cloud is very still intact, and then the last quarter we saw gross margins dropping about 350 basis points because of wage pressure, m&a activity not being scaled and reinvestment back in the business today we'll look for any further pressure on margins, especially when it comes to hourly wages or salaries in general, and lastly another headwind, the strong u.s. dollar, so foreign exchange and how that's going to hurt the company, especially given how much international exposure it has. keep in mind, the company also has a very unattractive dividend at 4.7%. >> wow, all right. also not too shabby. are you bullish on the stock >> oh, not bullish on the stock. i think ibm just -- here's why, we recently upgraded growth, we downgraded safety and belief that the market is in the process of

ibm has a big business in japan.oing to back off strategically in that business they do the business in local currency so it does get devalued when ibm brings it back home and switches it into u.s. ollars he also says it's not a perpetual issue as well so he does expect the comps to look a little easier next time around the other question people have been worried about where we're seeing gdp decline and a potential recession, what would it mean for tech spending? the ibm ceo says he does not expect any slowing he expects technology to stay three to five points ahead of gdp for two main reasons tech is a source of competitive v advantage for companies and wages are rising and in that case tech is a solution. investors have been worried about a slowdown in the consulting business but ibm says they don't have the expertise in house so they're not cutting back on that so really pushing back against some of the slowdown narratives on the stock some of complaining about a slowdown in red hat but he says that's just an acco

you can see more ibm to borrow from future years of mna. given the depressed valuations in the sector, we certainly think that we are going to have more than to come. >> jared, thank you so much. i want to turn to you want twitter news. an expedited trial, an expedited court situation is paramount for this country. the potential deal. it's $44 billion situation for them. you agree with dan that this is a stock that's in his 20s if it does fall through? >> yeah, i have a hard time believing otherwise, honestly. i think at this point, any headline is going to move one way or the other. i just don't understand how monetizing to this point. >> i apologize, we are getting a little bit of static and difficulty with your feed. we will cut a break. hopefully we will get that up and running shortly. >>> coming up, crude crushing oil prices backing up the $100 level variable energy continue to buyer? the details, next. >>> earnings season in full swing as the big bang support. were back in two. you'll always remember buying your first car. and buying

they didn't look through for ibm. there is a moment of controversy it is not a great conference call. we are not resenting countries, give us a break. there were no brakes given on that call. i found that call i am going to use the term unruly. unruly. everybody had an issue for a different adjective to destroy to describe calls. >> i think that arvin -- >> it was. it is one of the strongest performers of the year. but, arvin christian was saying look, we are going to have great growth and cash flow. people said it's the lower end of your cash flow projection. and then people start saying what happened to all of those great divisions that you are doing that was exciting and fast-growing? i am going tonight, what about weather? do you ever look at the weather thing? how does it fit into the overall strategy? that was supposed to be with? watching. don't come here i don't need you. >> they own weather.com. look at this david. and this very moment it says it is sunny. >> actually i checked oxford in england and it is 100

coming, ibm ceo is here. i will ask him about his view on the macro headwinds ahead his view on m&a and how it is impacting his cloud and growth strategy ahead. this is bloomberg. ♪ themthem. emily: lucas shah, emily: well it has long been a bellwether for corporate spending and these days the view for ibm could be a good indicator for which way the macro headwinds are blowing joining us in the studio that ceo oh of ibm himself. great to have you in person. arvind: always great to be with you and this time in person. emily: thank you for taking time out of your trip. we've got a lot to talk about. i got to get your view on the macro economy. what spending areas are you planning for, do you think a recession is inevitable? arvind: i am more optimistic, so i am caution it's not directly to consumer. so we see the spending environment right robust. we see our demand signals. we see pipelines. we look at industries and part of it may be that technology is the answer through these problems. when you look at supply

>> ibm is a good example, i worry about apples, oracles, microsoft.osoft. that was dead money for a decade. charles: then they got new management. >> they got new management. changed culture evolved to the cloud. i worry a company like oracle, i worry about cisco systems. if they don't see what happened to an ibm and find a way to make sure they're in the next generation of whatever technology is. charles: i have to wrap real quick. one name has come down already, didn't take 20 years, six months is netflix. can it get some of that back after the bell? >> i, i don't think this is going to be a good earnings report but streaming is the future. they got to buy something or be bought. charles: mitch, thank you very, very much. really appreciate it. >> you bet. charles: skybridge investment founder an any scaramucci withdrawals from one of his funds over the bitcoin crash. winkelvoss twins are looking to cut costs. second round of stuff at gemini exchange. crypto hit a bottom, near-term bottom. it is bouncing already what about some of these other news it

the brains behind this app belong to watson, ibm's artificial intelligence.ng all the data and the chatter, it'll make a prediction that's totally separate from the official seedings. these predictions are not going to just favour the person who's the highest ranked? no, and that's where it actually gets interesting because ours is very much of the moment. it's updated daily, so it enables us to surface ones to watch. helpful if, like me, you really only know your rafas and your raducanus. but that's not going to stop me from using the app to make my own match prediction. ok, here we go — burridge versus tsurenko. ooh, blimey, that's uk versus ukraine. it's eurovision all over again. the trusted media, the experts think that tsurenko is going to win. the fans predict that burridge is going to win — no surprise there. i think burridge has a better chance, slightly, and watson says that tsurenko has a better chance. sighs. i guess we'll see. now, sports like lawn tennis can seem like they're mainly aimed at older spectators, which, of course, is nonsense — look

first up, ibm.second quarter beating forecasts as sales rose 9% the company is seeing higher labor costs and in the consulting business which is half of the work force ibm's chief financial officer warning headwinds will hurt revenue in the second half of the year ibm shares down 5% stock number two is occidental petroleum. fcc filing shows berkshire bought another $1.9 million shares it puts it closer to the 20% ownership threshold to record some of the earnings alongside its own earnings shares have doubled this year thanks to rising oil prices. shares are up 1% in pre-market stock number three is nikola delaying the shareholder meeting for the third time since june. the company wants to give investors more time to consider the proposal to raise the number of outstanding shares. nikola rescheduled for august 2nd for right now. >>> the uk is dealing with a heat wave as wildfires are spreading and disrupting the lives of millions of people there. we have arabile gumede with us now. temperatures will

ibm.> that is kind of what they feel ibm. >> ibm yeah >> chinatown, jake. >> forget it, jake. >> do you have a pen knife so i can cut your nose? >> i like breathing through it. >> his last one before taking off. >> cutting numbers. >> endorsing the book and then says negative things about me in the book. >> is that true? did a blurb for the book >> really kind of hurtful. i love the guy. >> sounds like a time for a penknife to the nose. >> jim cramer didn't know what he was doing. >> i would prefer one or the other. >> cutting numbers on airbnb -- he is right about that losing a lot of money. chesky has 1.5 billion in free cash employee and will challenge him on that. not like he challenged me in the book. >> interesting. >> hurt my feelings. my feelings were hurt. like the mentions column the ceo of twitter pointed out that -- apologized that the column is top five bad. >> get over it, jim. >> i won't. >> you are. >> i won't. >> i will move on. >> i was in my mentions column. >> more abou

ibm. let's create. >>> welcome back to "power lunch.hareholders have been hoping for to remove this cloud over the stock. twitter is suing musk to enforce the $44 billion acquisition. he backed out of the deal earlier this month musk wanted the trial to take place next year. his lawyers argued additional time is needed to review the massive amount of data of spam accounts on the platform but there will be a five-day trial in october. >> i think this is good news this is the most important business court in the country, arguably in the world, and it's good to move this along for all kinds of reasons having to do with this particular deal, but also with other deals and tender offers and pe offers and arbitrage. if you have situations like this cropping up that gum the gears of transactions and it becomes a long, drawn-out thing, that slows that kind of process a lot. >> well, it probably doesn't bode that well for elon musk at this early point but now we'll find out in a couple of months time. >> i love it when the courts move fast. >>> t

ibm sells for less than 14 times with -- could this be a buying opportunity? look with the doctor, the chairman and ceo of this group. welcome back to mad money. >> it is a pleasure to be with you. this is wonderful. >> am so glad you're one of the first people to be here. i want to cut to the chase. i have been telling you you give me that solid revenue growth and solid earnings and i am on board with ibm. you far exceeded that. perhaps maybe someone is changing the goalpost? >> i think it is a dynamic market. a lot is going on with interest rates and inflation and demographics and laws. there has been 9% revenue growth. we printed 231 in -- $2.1 billion in free cash flow. it is $3.5 billion more than last year. i think these are great numbers and the market should do well doing more but these -- are happy with the demand we are seeing. we are all around the globe. all that is really good. >> on the call, there was this unruly group of people who seem to think the dollar should not impact you. you are a great worldwide business in 170 countries. it is hard to

now today we're seeing how those headwinds are hurting headwind like ibm and johnson and johnson. julia, the combination of the strong dollar and apple does a lot of business overseas, and whatever happened in china, over the past quarter, based on covid lockdowns, maybe not panning out the way expected, i think those two things, likely to way a bit. >> yeah, and certainly building upon each other. but i think it's interesting just to go back to the last conversation we had with matt balls. this question of, if companies are pulling back, if they're not hiring, if they're laying people off, does that mean they're not investing as much in innovation? are they hunkering down and trying to protect their existing businesses does it mean that maybe they're not going to be working as hard to build out that product that could deliver in three to five years, or even ten years if we're talking about the metaverse, carl. are we talking about these companies, because they're trying to protect their core businesses, just focusing there rather than some of the long-term moonshots. >> yeah. it'

ibm.'s create >> you have the job market very strong, you have inflation still running hot and at the same time you have gdp growth stalling out. the fed has to figure out how hard to step on the brake. that is a messy proposition. jonathan: "messy" is the right word. this is fed decision day. with tom keene and lisa abramowicz, i am jonathan ferro. on the nasdaq 100, up 1.3%. yields unchanged. euro dollar showing some strength. our attention right now on president xi. he is delivering a speech to local government officials. xi is saying the party congress has a major task for the next five years with the challenges the china faces and they are more complicated than before. speaker pelosi's potential visit to taiwan. this is from mitch mcconnell, he basically said nancy pelosi not going to taiwan would hand china a victory. pressure coming from the other side of the aisle about the speaker actually going. tom: the headline here is it is july 27 fed day and she is scheduled for august at so

what is in the charts for ibm? tony, what do you think?arter is the one that brought this up a month ago. despite ibm has not broke out on a relate basic, but i think it is continuing to head higher. >> carter? >> i think higher. >> would you let them 70, 75 call spread? mike? >> yes. i think this makes sense at 65, 75, 70. bare in mind that you'll have a dividend in august. >> a trader bought 50,000 snap, $17 calls and sold 50,000 july for a 40 cents credit and $2 million credit what is the strategy here? mike? >> when do you that, you are expecting a nearer term move and not a larger one. the company is going to reporting on or about the 22nd. this is a little more deepened to the pool type stuff, usually for most people starting out with the calendar options. >> it looks like it will be on the bottom of the pond. >> that is pretty clear. up next, final call. why is roger happy? it's the little things carvana does. like giving him a real offer in two minutes and carvana's customer advocate caitlin picking up his car at promptly 10am. the

so you partner with ibm consulting to bring together data and workflows er so you partner with ibm consultingerchandiser can serve up jalapeño, sesame, and chocolate-covered goodness with real-time, data-driven precision. let's create supply chains that have an appetite for performance. ibm. let's create. >>> if you can't watch the full "face the nation," you can set your dvr. we're available on demand. plus, you can watch us through or cbs or para mount app. we're replayed at noon eastern. . we're replayed at noon eastern. >>> we'll be right back with more from governor stay with us. ♪ ♪ ♪ ♪

the brains behind this app belong to watson, ibm's artificial intelligence.er absorbing all the data and the chatter, it'll make a prediction that's totally separate from the official seedings. these predictions are not going to just favour the person who's the highest ranked. no, and that's where it actually gets interesting because ours is very much of the moment, it's updated daily, so it enables us to suggest ones to watch. helpful if, like me, you really only know your rafas and your raducanus. but that's not going to stop me from using the app to make my own match prediction. ok, here we go. burridge versus tsurenko. 0h, blimey, that's uk versus ukraine. it's eurovision all over again. the trusted media, the experts think that tsurenko is going to win. the fans predict that burridge is going to win. no surprise there. i think burridge has a better chance, slightly, and watson says that tsurenko has a better chance. i guess we'll see. now, sports like lawn tennis can seem like they're mainly aimed at older spectators, which, of course, is nonsense. look

ibm.et's create >> i think there misjudging neutral. the 2.5% neutral rate is a rate that exists when inflation was still a 2%. that neutral rate is probably higher and i think the fed has some work to do. tom: really on fire yesterday with brean capital. there is a gap of 2.5%, we heard that from michael collins of pgim earlier, and there is 3%? lisa: 3.7% for an end of the year fed funds rate. tom: brean capital is at 4.5%. lisa: tim reidy at deutsche bank saying 10 year treasuries should be below 2%. talk about bifurcation. tom: there is where we are into the weekend. some of that tangential. let's say you are secretary yellen and you need a brief on e.m.. no one better to do that with an geoffrey yu, senior market strategist at bny yellen and he carries the heritage from jonathan anderson at ubs. i want to talk about the 20% depreciation off of the pandemic, and all of that is strong dollar. as i mentioned to mohamed el-erian earlier this week, jp morgan emfx is on a decade-long 48% de

so you tap ibm to un-silo your data.nd start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create emily: round one goes to twitter. the company was granted its request to fast-track its lawsuit against elon musk as he attempts to walk away from the deal. a delaware judge set a five day trial to start in october. for more, we are joined by a columbia law school professor and codirector of the nielsen center along with kurt wagner, who covers twitter for us. what happened in court today? the judge actually has covid. >> i was listening on a public dial in which she felt interesting. both sides presented their case. they submitted written elements to this. the judge took a little time to review and witness day -- and put a out a pretty quick verdict. based o

, para que vengan con esos recursos laborales, de donde viene él, del ibm, de la alta tecnología, paraestudiantes. rosanna salgado: sí, exacto, tenemos nosotros muchas experiencias hablando con los empleados en esta área, qué son los trabajos que están disponibles para personas con diferentes niveles de educación, con personas que tienen diferentes habilidades, y nosotros tenemos programas, sea para una persona que quiera trabajar en una cocina como un chef, tenemos programas para eso, tenemos programas para ser asistente de médicos, información de tecnología de hospitales, también tenemos programas para electricistas, arreglo de aire acondicionado, y calefacción, tenemos diferentes programas, y siempre nos estamos cambiando dependiendo de qué son las cosas que buscan los empleados en esta área. damián trujillo: y quizás hay personas que digan, yo no tengo la sabiduría para regresar a la escuela, sí la tienen, ¿verdad?, tienen, con que tengan las ganas, tienen la sabiduría. rosanna salgado: sí, claro, y por eso nosotros tenemos el sistema para, tenemos varias personas que trabajan con

ibm shares opening at 130. not time $131 i looked i got a chart that went back 10 or 15 years. 2013 is when the stock was over $200 i think these are 19 -- there you go these are 1999 levels. the company beat estimates, but trimmed the cash forecast. the revenue outlook pulled back. it raised the impact due to the strong dollar. gross margins fell from a year ago and missed estimates ibm said it would take time for price adjustments to offset rising labor costs is it on its way back? buffett gave it a try. it didn't work >> it didn't the pricing pressure there the higher costs they are facing in their consulting business is catching this. it can't be a surprise they got hit because of the stronger dollar it can't be a surprise because of exiting the russian business. it is more of -- margins. >> you call it tech or investment or industrial >> the question is a long bet on ibm. do you believe in quantum computing? if you believe in that and people have been betting on this for years. if you believe in it and you

. >> the past couple months we've seen some calls from the street ash guing ibm is the place to hang out in the downturn, similar things about dell, you don't have any problem with that >> ibm has very high-end, very large enterprise exposure. if you need a mainframe and are consulting with ibm, it's a mainframe business i think the high end enterprise will be a lot more stable place to be in through a recession, if you have one, versus not the reality is technology and solutions that are ibm or del will provide you are probably the way you offset inflation and the way you offset labor issues. i think it will not be a cost center this time around. it might be an enabled observation you have. >> speaking of offsetting inflation and back to the consumer, is now an ideal time to launch a hardware subscription service of a different type or an installment product if you are an apple, for example, with a lot of cash and with a high margin, kind of relatively high expense product? >> oh, boy apple needs to figure a way to drive iphone unit growth if consumers are going to be willing to pay

what is in the charts for ibm? what do you think tony?arter is the one who brought this up about a month ago and despite iv -- ibm hasn't broken out in a relative basis they have broken out to the sector and i think they are going to head higher. >> i concur. >> the utilities broke under their trendline and recovered, and would you recommend a 75 call spread? >> i actually like excel you and i think this is where it might make sense, and bear in mind you will have a dividend in september so focus in august. >> on june 2 a traitor bought $17 calls and sold them for a $.40 credit and a $2 million credit. what is the strategy here? >> when you are doing that basically you are expecting a near to -- term move and not a large one. which is chris is a company will be reporting, and this is a bit more deep into the pledge usually for most people. >> carter, what is your take on snap? >> it lost 85% of its value. >> up next final call. thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovatio

so you tap ibm to un-silo your data.nd start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >> we are checking on u.k. here. still seeing futures punching a bit higher here. sterling still below that 120 handle. >> we have boris johnson remaining defiant. refusing to resign. bruce einhorn joins us now. he is kicking and screaming and trying to stay in there. >> this is the avalanche of resignation. the latest number is more than 40 people who have quit within just the last day or two. most recently he lost the health minister and the secretary of state. this is dating back to the referendum when they both ran there is some element of revenge here. a lot of people have left. he does not have that big of a margin of support from the last time to keep

ibm, 13 to 14 times earnings the reason i'm thinking it doesn't get that cheap, doesn't have hardware the same way ibm doesn't have the indebted balance sheet. >> it's such a large base. >> it's reasonable, but i think this multiple is reflective of the fact that it's much-more cash rich than something like ibm. >> it's apples and oranges, ibm and alphabet >> the only reason i'm bringing it up, how much cheaper can it get? >> tell me what you think search can grow search will grow 13% this quarter, but that's down from the '20s, for a long period of time so what do you pay for that? >> high teens multiple i'll look up the peg ratio, it'll take me a second so you can talk but the peg ratio, i'm going get is probably 1.5. anybody want to look it up while i'm -- >> the thing that meta has working against it that alphabet doesn't, and maybe this is priced in given the relative declines between the two, tiktok is really eating meta's lunch in a way that is not happening at youtube. it's not really happening. >> we don't think. we don't know to the degree -- but that's one thing to listen t

. >> and what is in the charts for ibm. tony, what do you think?carter is one who brought this up about a month ago. despite the fact that that ibm has not broke out on a relative basis, we have seen it breakout relative to the market and the sector. i think it is continuing to had higher. >> what you think, carter? >> i concur. >> would you recommend a 7075 call spread? >> i do. this is one of the places where i think that it might make sense. maybe 65, 70, 75. you have a dividend in september so focus on august instead. >>> the last tweet on june 2nd, a trader but 50,000 $17 calls and sold 72. for a credit. what is a strategy here? >> so when you are doing that, basically you are expecting a near-term move and not the larger one which is curious because a company is going to be reporting on or about the 22nd. this is more deep end of the pool type stuff for most people starting out. i prefer to buy the longer data option. >> this is one of the things that has lost 85% of value and will just wallow along the bottom of the pond. >> that is clear. >

ibm.s is the name that is hotly debated for so long. >> you know, this is not your parents big blue they are focusing on the cloud and ai and computer consulting they have a dividend yield of 5% a return of invest to capital of 15% and it has a 27 times multiple this company is doing all the right things in a new area of technology >> yeah. maybe your parents ibm was a good name back in the day of the they computer now you talk about the surprise of oil and chemicals that is not scaring you off dow chemical >> under the leadership of the ceo since 2020 and he has been employed since 1984 at dow i like what he is doing on cost reduction and resturucturing of the debt this results in higher earnings and invest in new projects they have a return invest of capital of 15% i like the fact what they're doing with the restructuring of the overall debt it is coming down. they are able to do more investment company they are making the artificial turf >> veeva and ibm and dow degas, what is the next

ibm. let's create. >>> if you can't watch the full "face the nation," you can set your dvr.available on demand. plus, you can watch us through or cbs or para mount app. we're replayed at noon eastern. . we're replayed at noon eastern. >>> we'll be right back with more from governor youngkin. plus jamie raskin and more. stay with us. >>> welcome back to "face the nation." we want to continue our repuican governor glenn ia youngkin. governor youngkin, you were just in nebraska on saturday speaking to republicans across the country. you have also said president biden was legitimately elected. former president trump continues to falsely claim the 2020 election was stolen. should he stop saying that? >> let me begin with my trip to nebraska, which was really great fun. governor rickets really helped me in my face and it was a great chance for me to show up and help in the next race to elect a republican in nebraska. one of the things i'm really focussed on is

ibm.ate emily: over 500 of the top ceos in the united states have joined code.org to ensure that all u.s. elementary and high school students have the chance to study computer science. this comes as the man for computer jobs has skyrocketed. many of the jobs are unfilled. joining us is the founder of code.org. you have been doing this for nine years. trying to get computer science taught in schools. how much progress has there been? >> when we started, 10% of the schools taught computer science, now it's 59%. we want to get to the point where 100% of schools teach computer science. only 5% of high school students study computer science and we want to reach every kid. that's the next decade of work to get to every student in every school. emily: you have hundreds to have signed this letter. what will this accomplish? >> it is not surprising to see folks like tim cook or bill gates or mark zuckerberg say they want to see schools teach computer science. what's extraordinary is to see companie

so you tap ibm to un-silo your data.and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create we've got another big program in the works for next weekend. tune into wall street every friday night at 7:00 p.m. eastern right here on fox business. and over on the fox news channel, i'll see you at 10:00 a.m. morning, sunday morning on the fox news channel for sunday morning futures. i've got that exclusive interviews this weekend with senator john, john rat cliff, turning point founder charlie kirk, and miranda divine. live, 10:00 a.m. sunday fox news. start smart every weekday from 6 to 9:00 p.m. eastern for mornings with maria on fox business, we hope you'll start your day with us every weekday. that's it for us here on wall street right now. thanks fo

ibm. let's create >>> there are now more than 1800 confirmed cases of monkeypox in the united states. states and cities where infections are spiking are demanding more vaccines from the biden administration. joining us is dr. scott gottleib who's also a board member at pfizer. good to have you here. >> good to see you. >> give us a sense of the scale of this? the cdc numbers are out they say there's only eight women, no children. you're saying this is a pa pandemic. that's not a word the administration is using. what level of emergency are we at? >> i think they're going to be reluctant to use the word pandemic. we're now at the cusp of this becoming an endemic virus. i think the window for getting control and containing it has closed. if it hasn't closed, it's starting to close. 11,000 cases across the world, 1800 cases in the u.s. we're probably detecting just a fractif ctua cases because we had for a long time a very narrow case definition and by and large we're looking in a community o

so you tap ibm to un-silo your data.g a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> if you can't watch the full "face the nation" you can set your dvr. plus watch us through our cbs or paramount plus app. y managers e , but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money man

ibm.et's create. >> president biden is on his trip this week, looking to saudi arabia for restoring oil prices despite his own previous on the world stage, after which the saudi prince was complicit withl death and all the antigen in iran's nuclear program joe biden in the israeli prime minister on thursday signed a joint declaration think that they would not tolerate any terror. >> i'll make it absolutely clear, we will not let me say it again, we will not allow iran to declare nuclear weapons. >> and so will this overseas trip you healed benefit, and richard, the president is 70 record to do small oil they now seem to be willing to do so you can get anything out of this trip. >> i think that a couple of things outstrip number one it's good to see the president of the world stage and the fact that he took a direct flight from israel to saudi arabia, and the first american president to do that now the question will be, will he be able to go to saudi arabia and create some sort of sense of

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ibm.your shipppping manageger left t to “findnd themself”" leaving yoyou lost. you u need to hihire. i neneed indeed.d. indeed y you do. inindeed instatant match i insy deliversrs quality c candidats mamatching youour job descscri. visit indeed.com/hire >>> if you can't watch the full "face the nation" you can set your dvr. plus watch us through our cbs or paramount plus app. . y managers e, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. >>> we'll be right

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