what are people saying outside of ed williams and jason goldman? emily: it is mixed.nterviewed the ceo of uber. he believes elon's leadership will stand the test of time. you have so many users who have left the platform and a number who are sticking around. we don't know yet. i will say i think the election, the presidental collection will be a huge test if twitter can stand under that kind of pressure. we have to remember he has cut staff 75%. i interviewed a bunch of former engineers for the show. you have 25% of the people working there who wants work. can twitter even stay working through a presidential election? matt: i was thinking when evan was responding. he likes interesting things but he must feel horrible so many workers at the company got the acts. -- ax. it so interesting no one has come up with a viable competitor to twitter. emily: ev says maybe we had the wrong idea. there are a lot of different companies that are trying. there is blue sky backed by jack dorsey and mastodon. there is tiktok and instagram. what is unique about twitter is one of the eng

will: jason goldman, thank you for sharing that story with us this morning. rachel: fascinating.oming up, secretary of state antony blinken headed to china as the communist party escalates with taiwan. on the heels of new nuclear threat from russia and former deputy national security adviser kt mcfarland on that next. rachel: get ready to hit the gas, the hottest new cars you can get right now. ♪ only at vanguard you're more than just an investor you're an owner. that means that your priorities are ours too. our interactive tools and advice can help you build a future for the ones you love. that's the value of ownership. will: back with a fox weather alert and tornado touching down in virginia yesterday as severe storms ripped across the mid atlantic and took down trees and power lines and in florida, bebeach goers caught on camera with a water spout. chief meteorologist rick reichmuth is here with the forecast. reporter: hey, so many people getting weather day after day and bringing increased threat for flooding and take a look at weather map and what's going on yesterday. we ha

. >> i'm also friends with this attorney jason goldman.s on my show three days ago doing the same thing. the difference is al sharpton is not calling out jordan williams because he's a black man. daniel penny is a white man. it all comes down to race in new york. if you are black you get away with it. if you are white they want to put you in the electric chair. >> this was a god-fearing man who tried to defend his woman so they have to cruise if i him. brian: you sounds like a good pair and you get along in the green room. >> she is great. i just met her. brian: dvr "one nation" every saturday at 8:00. social media, follow us facebook, instagram and rumble. and we personally@brian kilmeade. that's it. miracle-gro. all you need to know to grow. are you taking the right multi-vitamin? with new chapter, you get excellent quality, organic ingredients, and fermentation. fermentation? yes. feel the difference with 20 plus nutrients your body can absorb. so you can do you. learn more at newchapter.com. my name is brian delallo. i teach ap and hon

. >> i'm also friends with this attorney jason goldman.on my show three days ago doing the same thing. the difference is al sharpton is not calling out jordan williams because he's a black man. daniel penny is a white man. it all comes down to race in new york. if you are black you get away with it. if you are white they want to put you in the electric chair. >> this was a god-fearing man who tried to defend his woman so they have to cruise if i him. brian: you sounds like a good pair and you get along in the green room. >> she is great. i just met her. brian: dvr "one nation" every saturday at 8:00. social media, follow us facebook, instagram and rumble. an my name is brian delallo. i teach ap and honors economics in pittsburgh, pennsylvania. financial well-being to me is knowing that i can be free to do the things that i love to do. i hope when i retire someday, they say, that guy made this place a special place to come to school and gave as much as he could to help the community. he snores like an angry rhino. you've never heard an angr

. >> i'm also friends with this attorney jason goldman.e difference is al sharpton is not calling out jordan williams because he's a black man. daniel penny is a white man. it all comes down to race in new york. if you are black you get away with it. if you are white they want to put you in the electric chair. >> this was a god-fearing man who tried to defend his woman so they have to cruise if i him. brian: you sounds like a good pair and you get along in the green room. >> she is great. i just met her. brian: dvr "one nation" every saturday at 8:00. social media, follow us facebook, instagram and rumble. an need relief for tired, achy feet? or the energy to keep working? there's a dr. scholl's for that. dr. scholl's massaging gel insoles have patented gel waves that absorb shock to hard-working muscles and joints, for all-day energy. ♪ ♪ the vehicles are all-electric. the feeling is all mercedes. the choice is all yours. see your dealer for exceptional offers today. bass pro shops and cabela's stands tall in our unwavering commitment to

on the permit or episode she speaks with twitter cofounder and former ceo evan williams and jason goldmanmber of the team. she asked about their first reaction to the takeover of twitter. >> yeah, it was surprising. i'm trying from m of the first bursting. >> the idea he was going to buy the company seems like he's not serious. the way you put in a reservation on a fancy sports car. >> there have been moments where i started this thing. in the world bought it and it is this big new story. i was like, that's weird. emily: did any part of you think this is interesting? >> i like interesting things to happen. i'm not a fan of things staying the same. twitter have been getting better and better. the trajectory of improvements in the year or two prior to belong, -- elon musk, -- we will see what happens. we may differ on this. >> i was concerned because everything he talked about that he wanted to do with the products may seem lightly considered, we have to defeat the bots, but no it is his primary interest is to push on cultural issues and his personal use of the product that he wants to make

williams's attorney jason goldman joins us at 8:00 am with the latest on this case. squad responding to a seen at lax very early after security found a suspicious package. authorities evacuating two terminals causing traffic to back up for miles on the freeway leading to the airport's arrival and departure areas. the usfl, the final week of the regular season as teams duke it out for a spot in in the playoffss. you can catch the action starting today when the birmingham stallions take on the memphis showboat at 4:00 pm eastern time. tomorrow the houston gamblers or new orleans breakers can clinch a playoff when they square off at 4:00 p.m. on fs one and the philadelphia stars can clinch the top speed in the north division with a run against the michigan panthers at 7:00 p.m. on fox. those are your headlines. will: border smugglers advertising their services to illegals through social media. we break down how this dangerous trend is impacting a dire situation. rachel: plus apology tour? anheuser-busch's ceo plans to tour the country in the wake of bud light's backlash

of a new bloomberg original series, emily chang sits down with the former ceo evan williams and jason goldmanmbers of twitter's founding to discuss the move. here's a peek at tonight's episode. >> yeah, it was surprising. i trying to remember the first bursting on or if i was even aware of it. >> the idea that he was going to buy the company to me was like, oh, he's not going to be serious. kind of like how you put a reservation on a fancy sports car. >> there have been a couple of moments where i thought i started this thing with a couple people a long time ago in this little office and then the world's richest man bought it. it is this big news story. how did that happen? that's weird. >> was there any part of you that was like, well, this is interesting? >> i like interesting things to happen. i'm not a fan of how things stay how they are. that is why we are intact. twitter had been getting better and better. the trajectory of improvements in the year or two prior to elon, but then elon, holy moly, he does crazy things. this will be interesting and fun. we will see what happens. [laughter]

jason goldman is his attorney. listen. >> i still ride the subway. i'm sure many of you do, too.assaulted and your friends or family or loved ones can get assaulted and seriously injured. or you can fight back and get arrested and plane get charged, maybe go to rikers. maybe get released. so what are you supposed to do? which option are you supposed to take? >> brian: how much trouble is he in? >> when we look at what happened with daniel penny it's apparent that the criminal justice system is driven towards a direction not protecting us as common citizens and employing more rights to the criminals. he has something that he really needs to worry about. but fortunately as common sentence have come to the aid of mr. men penny provided millions of dollars. >> in relief of his defense fund and hopefully mr. williams gets the same thing. they are not saying this was racially involved. even though the assailant now dead is black because jordan williams is also black. do you believe that danny penny -- do you think danny penny saw black and white when he was sticking up for people on su

-- twitter cofounder evan williams, and one of the most critical members of the founding team, jason goldmanhey spoke with bloomberg about elon musk's takeover and how the brand will survive. >> i think that is hard. i think brand recovery is much harder and now the brand is very linked to elon. anyone can make a new twitter or better twitter. it is just a whole new paradigm on the internet, and lots of people are trying right now. lisa m.: they also spoke more about silicon valley's new era of austerity and the future of social media. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm lisa mateo, and this is bloomberg. ♪ ♪ conventional thinking delivers conventional results. at allspring, we break away with purpose. harnessing data-driven insights and boundless curiosity. we dissect the market from every angle. helping to build portfolios that redefine what's possible. ♪ because investing isn't one size fits all. ♪ allspring. purposefully divergent. >> we are at the beginning of a very classic

strong pricing power and stubborn sticky inflation joining us is the managing director at goldman sachs. jasonou this morning. the big headline this morning really seems to be the input costs have gone down and yet the prices are staying where they are. so a lot of these consumer staple names, they have strong margins. >> that's exactly right. smirks reported results, up year on year. so the industry at large is hitting the inflection point right now where the cost core to your point has begun to moderate, yesterday the pricing increase is still spilling over. turning over this year, creating a nice surplus that's not only having a top line, this is a business that precovid was lucky to grow low single digits and then with a gross margin expansion earning 30 percentage points these are robust results we've seen from smucker -- frankly that's a jump. >> smucker reported especially strong demand in its pet segment. petco, chewy, they're following suit pets, that's clearly an area where consumer staples can continue to grow and shine are there other areas as well that you think the growth in this

changes for us in terms of the fundamental tail winds >> jason, nothing wrong with profit taking, but i want to ask you where do you see the risk? goldman saying palo alto is really their top pick when it comes to cyber security forecasting better than expected market expansion in that space and then wells out with a note that nvidia has an underappreciated part of its bits, its ether net platform business i know it's at a high multiple, but where do you see the risk when it comes to these names >> clearly the s&p -- the multiple in the s&p is close to 19 times forward as i looked towards the rest of this year and, again, if i pick on palo alto as an example, they've achieved profitability eps growth is up above 85% revenue growth above 25% i like the sticky business with government contracts i just believe that when you see a stock run this much in the short run, again, we're only six months close to wrapping up the sixth month of the year above 70%, it's time to take some off the table. that's really what we would call sell discipline. it doesn't change our perspective on the stock or nvidia as an example with the fundamental tail win

increase over time as goldman subjggests lower inflation and return, but right now higher stock prices creates a wealth effect for the fed. the fed should be paying attention says jason. finally i asked bing's chatgpt it would have it said rates could go up, down, or a mixed effect when i asked a.i. what answer it liked best, it liked the mix answer >> i think that's job security for all of us with that answer >>> before we go to break i want to mention something really important just happened. the bank of canada raised interest rates and that was not ex expected they paused last time. very brief pause so they did a skip raised rates why? the data is better a 3% gdp last quarter and saw inflation firm up. australia surprised with a rate hike yesterday they look at those central banks as a precursor for what we could see with the fed with the pause and raise. >> as history has shown that has a good place to look. >> yes that is a good place to look >> thank you >> bank of canada raises interest rates huge news here at the top of the 10:00 a.m. hour. >> huge news. >>> more on the markets, a week away from another big fed decision as some say a recession could be in the