jensen: i would be delighted to see him. ed: have you been invited? jensen: not yet.im and congratulate him and do everything we can to help the administration succeed. scarlet: for more on that conversation let's bring in cohost caroline hyde. allotted one pack -- a lot to unpack. interesting on the idea about videogames. is this what investors wanting to hear? caroline: if you look at the market reaction, the record high dwindled. we are seeing in the biggest selloff for the stock. i had investors say perhaps this is a consumer electronics show. you are likely to hear big picture blue sky thinking about the future applications. everyone here and now in the investor world wants to know about blackwell, the run rate, how it will get into the user's hands. that eight into the run-up -- ate into the run-up in the stock we have seen. the company was built on gpu's. he's going back to those roots. if the company like a company like micron searching today. its own memory chips are going to be within these gaming gpu's. to force --geoforce. it will predict what image is abo

." >>> nvidia ceo jensen uang teases the latest a.i. frontier calling it a multitrillion dollar opportunity. >>> investors and governments grappling with elon musk and his x feed and a warning what the next four years could bring. >>> a developing story as port workers and operators meet for weeks to avoid a strike. >>> and new development in china and u.s. trade sending shares in china sinking this morning. >>> and stock valuations from one very unlikely source. it is tuesday, january 7th, 2025. you are watching "worldwide exchange" here on cnbc. ♪ >>> good morning. thank you for being here with us. i'm frank holland. let's get you ready for the trading day ahead. the s&p and nasdaq coming off back-to-back winning days. the market is a bit mixed. s&p lower. the dow would open seven points higher. nasdaq is down 18 points. this action we're seeing here is after a very rare warning from the fed on the state of the stock market. comments yesterday, lisa cook offering a blunt assessment saying, quote, valuations are elevated a number of as

what do jensen huang have to say when it comes to samsung?> he certainly knows how to move the markets. importantly, he gave some hope. and samsung really needs that especially when you think about the more than 20-30% slide in their market share last year alone. the hope was really around its hbm product. we have spoken about this but it is higher bandwidth memory. it is an essential part of ai infrastructure. samsung has not been able to get its product certified by nvidia to date. this is something they said they would achieve by 2024. clearly that hasn't happened. but jensen huang speaking at ces said he is optimistic they will do it and they are working fast. this showed up on and the results from samsung because we saw a lot more money going into r&d expenses and capacity expansion. that again speaks to that hbm story and how much they need to get that across the line because we to see that slide in the share price. versus sk hynix it's smaller up your in south korea that has been supplying higher end chips into nvidia. because of the a

jensen says synthetic data. what do you say?anoid robotics because each robot has different actuator types, different placement of actuators. if you build a foundation model using some architecture of the robot, it will not generalize to other architectures. if you build it from synthetic data, you can have something that generalizes quick for example i cofounded a company three years ago that relies heavily on nvidia's physics simulators and build foundational robots from synthetic data. then you can train dexterity and grasping and so forth from synthetic data. with cars, it is different. with cars, all cars look alike in terms of actuations. what you want to demise is distribution drift. you do not want to train a model on some artifacts that can come from synthetic data. if you do not have real data, that is what you can do, but if you have real data you can be more precise. ed: his argument was the synthetic data augment the real-world data. >> say we find an edge case. then we go to a simulator. we generate many examples o

bridget jensen: and what did she tell you?et jensen: ok. so to hear these conversations-- and it wasn't just with one girl. it was with three. the defense attorneys were saying, well, yeah, that's just-- just hearsay, that, you know, maybe it happened. maybe it didn't happen. of course. and that's what great defense attorneys do say. you have to minimize something that is that damaging. narrator: even though she didn't have any physical evidence tying ashley to the murder, ashley was the last person to see taylor alive. and the prosecutor did have one powerful exhibit, ashley's police interviews and the lies she told police. the jury heard ashley confronted with cell-phone records that put her at the very place where taylor's body was found. and remember the concrete and potting soil covering taylor's body? the jury saw a video of ashley at a home depot the day after taylor disappeared, buying-- man 1: two bags of potting soil and the bags of cement. narrator: but one thing was missing, the why. why would ashley kill taylor, a

getty was mentioned to me by jensen, a little back. but david, the deals that are happening -- >> we've got four at least on our docket today to talk about. >> yeah. none of them enormous. we've obviously got cintas coming public for another uniform company and a significant premium. we've got a deal in medical devices with striker. we've got the one you just mentioned, of course, as well. >> paychecks pay corps. >> and paychecks pay corps just got announced -- >> these are fabulous competitors. you take them out, it's so good -- i celebrate these deals. these deals are about capitalism, not socialism. >> if the enthusiasm on a.i. is so strong, why is moffett coming out today, david mentioned the downgrade to sell, saying that consumers seem unmoved by a.i. functionaliti? >> let's talk about the fact that this man had a hold on it during one of the greatest runs i've seen in my career. second, it is multiple stretch. i'm going to give him that. but you don't know what -- apple is the free rider of all time. now i did think the one thin

>>> and the ces with jensen huang on the stage tonight. >>> later, microsoft's a.i. promise and cozying up to the incoming administration could mean for the stock. we have a very busy hour still ahead when "worldwide exchange" returns. stay with us. - yes. - oh. that's a commitment. [glass knocked] hey bud! whaddaya think? you know, people can see you out here. ha ha ha ha, yeah, yeah, right, right, ha ha. love you, too. agentforce helps retailers prevent fashion fails. it's what ai was meant to be. ♪♪ dave's been very excited about saving big with the comcast business 5-year price lock guarantee. it's what ai was meant to be. five years? -five years. and he's not alone. -high five. it's five years of reliable gig speed internet. five years of advanced securit. five years of a great rate that won't change. it's back. but only for a limited time. high five. five years? -nope. comcast business 5-year price lock guarantee. powering five years of savings. powering possibilities. comcast business. we're with bridget, whose husband won't be home for months and whose daught

jensen huang visiting the capitol. peter: we know that jensen huang will be in taiwan this week.d a party on friday. we heard according to sources he will go over to mainland china. he will stop into shenzhen for a new year's party. we understand celebrating with the employees there and then he will go to shanghai and beijing. he could still change these plans. it's a very sensitive time and it comes just ahead of trump's inauguration. there is some excitation he would go to that too, but he's building a more substantial business within china at this point. they have been adding employees around autonomous vehicles. they had a bit of a setback as mackenzie was laying out earlier with this new regulation around ai exports that affects nvidia very directly. they have enough -- been outspoken. jensen huang is trying to build a bridge between different markets that are important for his company. mike: peter, one destination that does not seem to be on his list is washington or mar-a-lago. the incoming president's base of operations. do we expect them to actually pay a visit, pay a ca

. >>> and quantum computing back from jensen huang. >>> and the nation remembers jimmy carter it is thursday, anuary 9th, 2025 you are watching "worldwide exchange" here on cnbc >>> good morning thank you for being with us. i'm frank holland. thank you for joining us on this day. i want to look at the live pictures right now these are some of the surreal and nightmare scenes captivating the world. this is a live shot of los angeles, california where wildfires are continuing to rage there are five fires burning and the palisades fire grown to 17,000 acres this is the most destructive fire in los angeles history. we will have a live report from the scene coming up later this hour. >>> first, a look at the stock market following the release of the latest fed minutes the futures as you can see a down notoriety now when you look at the futures s&p and dow and nasdaq down fractionally you know a fractional move to the down side. the stock market is closed for the funeral of u.s. president jimmy carter this is the rotunda where president carter well lie in state until his funeral. we will have full

jack: jensen huang spoke at ces everybody was focused on quantum a.i. they got computing stocks are got killed you saw something totally different echoes of elon musk. >> ces las vegas a big event every year jensen the father of a.i. everybody pays attention. the thing that i thought he sound exactly like elon musk which is the winter elon and a justification for permanently optimistic. >> we all have a.i. and we can type in pond question super interpretive laxity and chat gpt that's everybody's exposure. down the road jensen said robotics could be the largest industry the world is ever seen he's lumping self driving under driving cars and humanized robots that's what elon musk said it's nice to have a second voice with a pristine reputation echoing that. the other thing however, getting a.i. self driving cars, jensen explained how he is working with different companies is exactly the same model the elon musk uses is settled good debate on who's winning tesla everybody has the same approach and what elon said two or three years ago. jack: were out of ti

what jensen means is the next phases in the physical world. nvidia has a hold in the corner of that market which is that the data centers are being used to train the underlying models that support that technology but there are many more steps to calm to build robots that can do things and they are starting to show us through new models, one they call a world foundation model, better ways of taking data other than tech and finding ways to make things actually useful and i will see him tomorrow and i will sort of zero in on that because the market has not really been quantified by him. where did that leave them? >> a key question. ed ludlow joining us from las vegas. he will be speaking with jensen in las vegas on bloomberg technology at 4:30 p.m. u.k. time so of course tune in for that interview. here's what else to be thinking about in the day ahead. we will get inflation prints from france at 10 a.m. u.k. time and euro area inflation data as well. markets are fully expecting that inflation will slide in the euro zone and that gives the ecb sp

jensen huang took them to the woodshed. is it a buying opportunity?xt guest has names he likes and he will tell you why the smartest guy in silicon valley may have this one wrong. we'll be right back. (traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. known for sharing what you love. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer. fda-approved for 17 types of cancer, including certain early-stage cancers. one of those cancers is triple-negative breast cancer. keytruda may be used with chemotherapy medicines as treatment before surgery and then continued alone after surgery when you have early-stage breast cancer and are at high risk of it coming back. keytruda can cause your immune system to attack healthy parts of your body during or after treatment. this may be severe and lead to death. see

jensen huang, it's not like he said anything was wrong. he underscored why things are great. >> i think this is a pause in sentiment and i think it should be a pause in sentiment. if you look at yields, the ten-year yield has risen considerably over the last few weeks and the yield curve has steepened. the rational response is that growth stocks should pull back as yields go up. that's not what happened yesterday, but that is what's happening today. that's not what happened for certain periods of 2024, but i think in 2025 that will be the norm. you have to rationalize the valuations with where yields are, especially with the ten-year above 4.5%. >> i just think that the trend is still positive, people think, the narrative is still overwhelmingly positive because of the new administration coming tax cuts and everything else we've talked about a thousand times already. so that higher rates aren't necessarily going to be such a binary impact on tech. while rates go up, tech goes down, it doesn't necessarily work that way. and it certainly doe

so for all the great announcements that you just outlined from general went wang -- jensen jensen huang, you know, great news was priced in, so it's normal to see some pullback. i do think we're starting to see a little bit of ebb and flow in the market now rather than just simply chase all rallies. liz: ryan, you're a with two-year-long bull right now, and you're continuing. you say stick with momentum. what does that look like? in what areas? is there a way people can capture announcement without buying an thing in stock -- mow momentum? >> liz, thanks for having me back, and hope you're having pun out this. [laughter] we're still -- fun out there. if markets are strong, you tend to see momentum names lead, and there are various momentum etfs, but when you look at what's really part of those, technology and financials. those are two big parts, right, of momentum etf. so i think it's a great way to get exposure today leaders. you talk about tech, yeah, it's rough so far, but strong the earnings. so much excitement going on. communication services is good. in financials, the deregulatio

here's your "five@5." >>> nvidia ceo jensen uang teases the latest a.i.r calling it a multitrillion dollar opportunity. >>> investors and governments grappling with elon musk and his x feed and a warning what the next four years could bring. >>> a developing story as port workers and operators meet for weeks to avoid a strike. >>> and new development in china and u.s. trade sending shares in china sinking this morning.

here is jensen huang. somebody said the other day, i see you like jensen huang. you guys are both dishwashers. i said oh no, i was of things i with people at nvidia . how is your dog doing? my dog died 3 years ago, should i sell the stock? >> you did say today that we are trading in tandem with what the yields are doing. for it is so boring. it is not boring when the 10 year hits seven. >> futures were up during the frank holland show at 5:00. for now we are a bit below. for with the rates right where they are. now somehow, between 430 and 6:00, the rates skyrocketed. after adp, they went lower. we are going to play this game, we are worse than the analyst telling us to sell. >> what game? as to the every ticket game. >> this is a one year high. for where were we during the 1990s? for i know where interest rates were. speech actually go back to the 1980s as well? for we are old. for that is my take away. >> i remember the 1990s. we had interest rates to where we are now. we had an incredible equity market. >> i.c.u. denmark, and i raise you alaska. to you could s

stacy, what are you expecting from jensen tonight? >> yeah, as you said, jensen puts on a pretty good show. we'll see if we get updates on the data center side of things, blackwell, rubin. this is also the consumer electronics show. we'll hear about gaming, automotive, probably hear, as you mentioned, rumors, maybe that they're pushing into the pc space. probably hear a lot about robotics and a.i. at the edge. i think he's got plenty to talk about and plenty for people to still be excited about. >> how much is the story going to be what is being announced nvidia, not just nvidia-specific but, sort of the whole ecosystem of a.i., this becoming now the mainstream, it's not just corporations, a consumer product at this point, or we're enters that phase? >> yeah, i -- i hope we're entering it. and we, you know, we had some updates today, some keynotes from intel and amd, and they both talked a lot about a.i. pcs where we have yet to see that driving a lot of incremental strength in the pc market, but i think there's always hope. qualcomm,

jensen huang just announced that you're going to be able to get an ai pc starting at $1300. there are about 200 million pcs shipped every year. this is the next phase of growth for them. the price point is correct so i think there's correctly a lot of enthusiasm by the investor community and the tech community in nvidia right now. nvidia has been showing great strength over the last year or so as ai has gathered pace and that shows no sign of slowing down? it doesn't but companies like openai are losing billions of dollars a year and so how to monetise ai will creep into the narrative. if the hyperscale data centre companies cannot make money on it, they will not be buying these chips. that's really the next challenge. there's an incoming trump administration into the white house in just a few weeks�* time. we know that the chip industry is a bone of contention between the us and china. how might nvidia get caught up? interestingly, last month nvidia, the government opened a monopoly enquiry into them. greater china is about 12% of their revenue so it is significant and also

but ceo jensen huang want to change that.bout the blackwell chip deliveries is the reoccurring reiteration. back in november, jensen huang promised more blackwell platforms than originally planned this quarter. we are looking for updates on those numbers. investors will be looking for a new variance from the blackwell family with more a.i. memory coming out later this year. whether the ruben project, the next iteration of the architecture set for 2026. there is a rumors attitude could come earlier. a.i. get the buzz, and gamers should pay attention. with the new graphics cards and the keynote there is also talk to nvidia jump into the a.i. pc processor market will put them in direct competition with qualcomm and intel. there is a lot of announcements i just went through but it could push nvidia against those two big concerns. and that was the blackwell delays and also there has been a lot of talk about competition from custom chipmakers like broad common. so look out for the keynote tonight. also important would be the analys

and tech traders are looking out for jensen huang who is set to speak at ces this evening. leaders are looking for a press conference from the likes of amd and samsung and sony today. investors are eyeing a keynote address from the tech darling jensen huang which is happening this evening. our colleagues in asia spoke to the ces ceo and asked about the potential impact of president trump about his return to the white house. >> a lot of good things to come and more pro-business attitude. a lot of focus on the future of artificial intelligence and skilled immigration. things like he is pro business. on the tariff issue, we disagree. they are inflationary. we announced a few minutes ago at ces that the impact on consumer purchasing in the u.s. is$90 billion to $143 billion if the tariffs go into effect and that doesn't count on taxes. >> we have have dexter here wit. i would like to understand what are your top expectations for ces later today? i know we will hear from the nvidia ceo. is that the one thing you will actually monitor the most? >> it is a few things. i'm going to

tomorrow, more from ces in las vegas with jensen huang.leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management >> welcome to "bloomberg etf iq." katie: happy new year. scarlett: happy new year. katie: -- i'm feeling incredibly bullish. in the $15 trillion etf industry, we look ahead to the anticipated etf's and rising institutional interests. scarlett: the new top trend for crypto is in full swing to lure investors. katie: and we kick

nvidia ceo jensen huang is delivering his keynote address probably the most important address at ces ces this year. let's bring in our technology correspondent lily jamali for more. what stood out from huang's speech? hausmann is the rtx 5000 series, new family of chips that use technology to create images that look like something out of a movie. the other thing that stood out was that he was almost making a pitch for al at the top of the keynote. as much hype and excitement as there is around ai, there is still this need to explain the case. what else is getting _ need to explain the case. what else is getting buzz _ need to explain the case. what else is getting buzz at - need to explain the case. what else is getting buzz at ces? - need to explain the case. what else is getting buzz at ces? a i else is getting buzz at ces? little bit of something for everybody here. choose your poison. health, age, all sorts of products with autonomous driving, tv screens bigger and better. i tested a couple of products myself. i played with a little robot dog which is a lot of fun. there is a str

that is when jensen huang will give his ces speech.y the way, the robot is taking the place of five workers is an actual fedex depot. they are ready. i think jensen is going to shock people and i think some of the enthusiasm we will see into the bell has to do with what jensen will say monday. >> can you still buy nvidia after a $2 trillion gain market cap last year? >> the market is very sloppy here. >> we're opening up, to your point, opening bell. here at the big board. professional bull riders league celebrating the pbr team championship. >> about time. >> cowboys. the modern workplace mental health platform. i want to add more cause for optimism. before we get into jensen speech at ces on a.i., there was a study in nature. they published results from a study in sweden looking at generative a.i. out performing traditional ultrasounds in detection of ovarian cancer. these are the studies we are waiting for for results on generative a.i. >> incredible disparity in the discovery of polyps with any sort of cancer testing, obviously, we

and the big -- jensen huang.xpectation is they and some of the other chip companies are going to be unveiling a.i. chips for pcs, so is the pc back? everybody was on their little phones, and now we're talking about pcs and computers and laptops. >> well, certainly the pc's getting a good jolt of resurgence because a.i. can allow you to do so much more in terms of your productivity and your personalization, in terms of using it to help create initial draft of a document or a report that used to take literally months you could do in a couple of hours. and jensen, i don't know what he's going to do, honestly, but he's going to get a big crowd, and what he's going to say is almost as important as that exclusive interview that you just had in november. liz: during that interview, i'm glad you brought that up. jensen huang told told us because there was this question about some of the new blackwell chips, $40,000 chips that are running the a.i. data centers, you know, we asked him because there was one report of overhe

if anything i think jensen is being very conservative and he knows it. then? i want a timeline. >> it's very hard. i'm not heavily associated with the science. i don't know what the production demands are, but what i do know from an investing standpoint is you get ahead of big life changing transformational trends like that as soon as you can identify them. i think that moment is here now. taylor: 40% sell-off tells you everything is on sale at a discount. you're still buying? >> well not everything. but the great companies i bought inq in particular yesterday because that's going to be the leader of the pack and very likely winner. taylor: what else do you like? >> well nvidia of course. i hope i'm smart enough to buy more of those but here is the other thing. tesla is very quieu look at what organization stands to benefit from the emergence of that kind of computational power? i think musk has got something up his sleeve. taylor: interesting. and is there another way to play elon musk? i hear tesla, i had one company saying there was an etf where he co

quantum computing stocks getting crushed today after jensen huang said computers were still decades awaying useful d-wave, rigetti and others sinking more than 30%. the ceo of d-wave pushing back on those comments today. >> when it comes to d-wave, he's dead wrong we're not 30 years out we're not 15 years old we are today we are supporting businesses today with kwon tum quantum com. >> he said he would sit down with jensen to walk him through what he got wrong. quantum computing at rigetti up 1,000% in the last three months. all of them getting a boost on the alphabet news on quantum computing. >> when valuations seemingly doesn't matter, people will bid things up to levels that don't make a whole lot of sense. then you hear something like the comments made that it's not going to be a thing for awhile, people get a semblance of normalcy i don't think that move to the downside is over >> you could make the case, in an ironic fashion, that maybe artificial intelligence is a ways off all the spending that we're working towards to obviously train these models and do these things that seem re

you heard the comments from jensen huang about the level of blackwell demand being insane.at those comments. the issue you are dealing with is blackwell demand is strong. it is supply constrained. hopper, the legacy product is the largest portion of the data center business. they will have a couple of quarters here where there is meaningful upside. the real upside is in the back half of the year when you get that full-blown blackwell ramp. people would like to hear that. i think they did hear that in some sense. they are trying to avoid the really strong statements about blackwell, because it is not the main driver of the quarter. that is the combination of blackwell at hopper. i am optimistic about how this plays out. i do see the upside being stronger in the second half of the year. for with the stock that has done so well, triple last year, how much is priced in? where are you telling people is a price target were people should feel comfortable? to this is less about the phenomenon that the stock has been in more on valuing a growth company on his growth prospects. the s

thom jensen, nbc, bay area news. in altadena today, a fresh look at the devastation caused by the eaton fire. more than 7000 structures damaged or destroyed, and some who lost their homes and businesses are seeing that deruction for the first time. nbc bay area's velena jones is there. many of those residents tell us they are frustrated with the lack of communication from law enforcement. they tell us that they came here to the evacuation zone after being sent an email that they thought would grant them permission to come see their homes, only to be turned away. altadena residents are now facing a new reality. it's been gutting. it's like it's like armageddon at the top of lake avenue. molly stein's house is one of the few that survived the eaton fire. airdrops help put out flames next door and save her home at the same time. tonight, she's struggling with survivor's guilt. we have a house, but we're going to live there. with no village and nothing around us. it's a it's a terrible situation. stein is one of the many

we sent nbc bay area's thom jensen to the neighborhood in vacaville to check it out.his was quite an ordeal. over the past five days. this little tomcat was stuck way up in this tree up there, letting everybody know night and day with his cries that he wanted down. and there were plenty of people meowing about it on social media wanting to help. the cat was at least 35ft up in the tree after being chased there by a neighbor's dog. since last saturday afternoon, early afternoon, just crying for help. meowing. yeah, it's been up there. just trapped. the cat that rhonda named whitey is one of about a dozen or so feral cats living in this vacaville apartment complex. whitey had recently been mauled by a dog and just started to recover before he went up the tall tree, and then began crying day and night for five days. my son was the first one over here with a 20 foot ladder, and we couldn't quite reach it. it was ten more feet above him. local firefighters couldn't get up that high because their ladder truck was down, so tenants hired this tree trimmer to give it a try to

in oakland, thom jensen, nbc, bay area news. a bay area high school marching band had the honor of playing in the rose parade this morning. look at them go. that's cupertino's homestead high. representing the bay area in spectacular fashion. group was one of 22 marching bands invited to perform. bands also came from japan and mexico to take part in the 136th tournament of roses parade in pasadena. okay, pushing the limits of space travel and exploration. up next, we're going to look back at the amazing steps taken in 2024 and what lies ahead moving forward into the new year. i'm chief meteorologist jeff ranieri, and for the first couple days of 2025, we will eventually get a storm system in here. we'll take a look at how much rain for the bay area, plus where we're sitting on that sierra snowpack and what kind of snow is cing inom pete g. writes, "my tween wants a new phone. how do i not break the bank?" we got you, pete. xfinity mobile was designed to save you money and gives you access to wifi speeds up to a gig. so you get hi

in oakland, thom jensen nbc bay area news. okay. thank you tom. i'm sure we'll go chasing that answer another day. all right. let's give you a live look from sky ranger. this is southern california. what you're looking at is a donation site for fire evacuees at the rose bowl, which is in pasadena. you know, which is right next to that aadena fire. we invite you to stay with us for the latest on air and online. our website, a great resource for breaking news. and we are posting updates to nbcbayarea.com around the clock. okay, back in 60s. ahead a big decision. first day on the job, the immediate change san francisco's new mayor just made. and you might see the signs warning that it's about to happen. a new plan to crack down on rv encampments in san jose. temperatures managed to reach the 70s in several spots today. right now, we're in the 50s. we'll take a closer look at what the overnight hours are going to roll through as far as temperatur, and a lookes as the nation paused to honor and remember former president jimmy carter. his funeral was he

thom jensen, nbc, bay area news. we're back in 60s ahead. survivors of abuse are calling on a bay area archbishop to release a list of priests accused of carrying out that abuse. other local dioceses have done it. so why hasn't san francisco. we investigate. also, this might be in your medicine cabinet right now. the cold and flu medication that costco has now recalled. and what you should do if you have a box of it and there is some fog out there tonight, we're tracking some of the lowest visibilities, plus the gusty winds and what's happening with refusal to release a list of suspected predator priests. now one victim is going public about a living priest who she says groomed and abused her for years. senior investigative reporter bigad shaban has the latest from the church's ongoing scandal. i went through just about everything that you can imagine. outside saint mary's cathedral, men and women recalled sexual abuse they say they endured as children at the hands of priests inside the san francisco archdiocese. the ongoing risk to children

here's nbc bay area's thom jensen.as at least 35ft up in the tree after being chased there by a neighbor's dog. since last saturday afternoon. early afternoon. just crying for help. meowing. yeah, it's been up there. trapped. the cat that rhonda named whitey is one of about a dozen or so feral cats living in this vacaville apartment complex. whitey had recently been mauled by a dog and just started to recover before he went up the tall tree, and then began crying day and night for five days. my son was the first one over here with a 20 foot ladder, and we couldn't quite reach it. it was ten more feet above him. local firefighters couldn't get up that high because their ladder truck was down, so tenants hired this tree trimmer to give it a try to get up there and get him. but when he finally reached the cat in one tree, it leapt to another tree. and he gave up because it was too dangerous. oh, yes. finally, after seeing the saga unfold on facebook and hundreds of people commenting over the past five days, a local man wi

the bad news is jensen huang is flying too close ott to the sun.news is his wings are not melting yet. the company's at $3.7 trillion, it wants to probably push to $4 trillion, that would be 8%. i think beyond then every semiconductor cycle, right now he has no competition. competition is coming. and as far as training the robots and training the cars virtually, what could go wrong, right? versus having to put the cars out on the roads, you're putting it in a studio. we'll see what happens. but on balance, this is a positive thing for nvidia, probably pushes higher from here. stuart: most of the the people watching this program have some money in the magnificent seven, big tech stocks. >> that's correct. stuart: in a nutshell, give us your forecast for the magnificent seven in 2025. >> okay but not quite as good as 2024. why? earnings growth is decelerating. they're going to have 21% earnings growth this year, and the multiple has not yet rerated downward with. you compare that to the broadening of the rally, small caps are accelerating earnings gr

thom jensen, nbc, bay area news. in altadena today, a fresh look at the devastation caused by the eaton fire. more than 7000 structures damaged or destroyed, and some who lost their homes and businesses are seeing that destruction for the first time. nbc bay area's velena jones is tell us they are frustrated with the lack of communication from law enforcement. they tell us that they came here to the evacuation zone after being sent an email that they thought would grant them permission to come see their homes, only to be turned away. altadena residents are now facing a new reality. it's been gutting. it's like it's like armageddon at the top of lake avenue. molly stein's house is one of the few that survived the eaton fire. airdrops help put out flames next door and save her home at the same time. tonight, she's struggling with survivor's guilt. we have a house, but we're going to live there. with no village and nothing around us. it's a it's a terrible situation. stein is one of the many residents who gathered on la

that's the world that jensen plays in. jensen, but that was a very long time ago. >> monday? >> monday. >> we do have some green on the board here. it's not just all red. constellation certainly is one of the names. let my make sure. constellation brands and constellation energy. >> the wrong constellation. >> which is? >> look at that. >> this is the one that is performing. this is on the deal to acquire calpine. calpine was once a public company and power producer. disaster. i think restructuring, but got taken private in 2017. it was a big deal then. >> oh, yeah. >> it has gone very well for the sponsors in that transaction because they are selling at a far higher price to constellation. >> they don't mind they could have gotten much more? >> when? >> this morning. calpine. i'm watching the stock. >> how much more? >> before the day off, we were understanding -- the commemoration -- we are understanding con city legislation constellation would pay more. >> 50 million shares are main part of the consideration. the 50 mil

that is the key question for jensen. i see a bit of a concern about inflation in the market this morning. jensen has a lot of worldviews, whether he will talk to me about inflation we will have to wait and see. caroline: we cannot wait for the conversation. you will see you a little bit later. let's get an investors take on the here and now, lack of his ability on blackwell or the future-proofing of the business model. cbiz investment ceo anna rathbun. it is 9:30 p.m. new york time when we heard jen-hsun huang on stage. are you in line with some of these analysts saying, not enough on the black platform? anna: yeah. there were not that many details that investors were hoping for. but if you have to talk for 90-minutes-plus i'm not sure you can fill that timeline with a lot of details about the business. plus, he is kicking off a conference. you sort of want to be a visionary and there is this little slab of romanticism about a thrown in there. i think maybe it was the wrong platform to really wait for some of those detai

nvidia keynote speaker jensen quan at this keynote conference this week.investors hoping to hear. >> this is interesting every time jensen huang tates the stage he could see nothing but his presence alone excites people. they have expectations in terms of what they want to hear in order to move the stock. we want news about the blackwell chip, the key growth driver for the future of the company. we know that has been robust demand. as any supply constraints or have the manufacturing glitches iron themselves out in the full steam ahead. any news about the future growth for the company. >> if he makes any statement that maybe things are not quite the way we would like. watch out. >> round pins and needles but we will have to watch and see how it goes tonight. >> he is a powerful guy, check out microsoft. brad smith is the president. he is saying something about a.i. data centers. what is he saying. >> there going to spend 80 billion with a b on a.i. data centers by june of 2025 which is the end of the fiscal year. this is incredible we have come full circle

here's nbc bay area's thom jensen. as the wind fans, flames and the palisades fire grows, questions about what went wrong are mounting. governor newsom is calling for an independent investigation into the loss of water pressure at fire hydrants. and now the l.a. fire chief is pointing fingers at the city. it is my job as a chief to make sure that my firefighters are funded appropriately, are equipped appropriately, and they're trained appropriately. that's why i'm here. that's why i'm in this seat. chief christine crowley says for months, she's been sounding the alarm about how nearly $18 million in budget cuts to the department could impact the community. you've spoken with the fire commission. you have made it very clear that this department is underfunded. correct? that is absolutely correct. in a bold, transparent interview with our nbc station in los angeles friday, the chief said the city has failed the community. so $17 million cut did not allow us to do what we needed to do and where that impacted us specifical

. >> nvidia founder and ceo, jensen hwang. >> the memory bandwidth is per second.ing right now. >> i sat down with the omni vice president who says the company is also unveiling nvidia cosmos, the open source platform that will allow the robots in the self-driving cars to learn in virtual reality exactly as they would in real situations. the whole world is in that moment. this new capability that we would have of essentially manufacturing intelligence, it is fundamentally going to change productivity. >> reporter: they are also rolling out their own solutions. >> whether and pushing the boundaries of high performance computing. >> reporter: it will be not just for massive companies. they will develop the facial analysis that in just seconds will scan your face and offers vital health stats from the oxygen levels to how well you slept. >> it seems that you get to sleep well, but you don't get enough relaxation. >> it will be a common place. >> reporter: and the editor says that the end goal is to make life a little easier. >> it is suppose to anticipate what you nee

a handful of hours before jensen huang gives his keynote for ces in vegas.tock-moving event. >> it has. dozens of new record highs in the s&p 500 since nvidia decisively went up into the 140s. actually cracked above 140 in june of last year. the big question is, did the market lose its ability to keep rallying op the basically the same observations the same news about the a.i. investment story? or is this just letting fundamentals catch up to the valuation? valuation itself, in nvidia terms, doesn't look super demanding. mid-30s forward multiple. that that different. so interesting. the markets willingness to believe there really is an aggressive new -- >> see if it is above that level. hasn't closed above 150, by the way since november. looks to be right there as well. [ closing bell ] >>> that does it for us. see you tomorrow. for us, we wi see you tomorrow. that is the end of regulation. nvidia closing at a record and leaping over 100k to start this week as tech takes the seat. >> we have a big slow coming your way in just a moment. in just a moment the c

we will talk to one ceo affected today who says that jensen's timeline is dead wrong.e joins us ahead to make his case. >>> rates keep rising. tenure heating 4.3% earlier. it was just over five and we will look at why this is happening now and what the ripple effects are everything from the markets to even mortgages and housing. >>> let's get over to the market numbers. stocks aren't as bad as i might have thought. >> they are not. rising rates and maybe general sentiment that is a little bit more coming from those record highs, but still the markets overall are fractionally lower and we are in the middle of a training range today i will give you an idea of what we are talking about. s&p 500 at 5896. one quarter of 1% declines. at the high, we were up 13 points, so we were somewhat positive and down about 35 points at the lows of the session. we are still watching the 50 day moving average and medium- term trend line. the dow is down 2.1%, as well. 42,446, which is good for about 80 points of a decline. nasdaq composite, 1.5% and 80 points, 19,407. with regard to the q

jensen hard of haung set to make keynote speech.ounder and ceo of robo lab is here with a fox business exclusive to share his view of america's robotics future. we're coming right back. maya knows how quality care can bring out a smile. but it's been a few dog years since she was able to enjoy a smile of her own. good thing aspen dental offers affordable, complete care all in one place. and new patients without insurance get 29 dollar exams and xrays. plus 20% off treatment plans for everyone. loving our patients unconditionally. it's one more way aspen dental is in your corner. (man) what if all i do for my type 2 diabetes isn't enough? or what if... (vo) once-weekly mounjaro could help? mounjaro helps your body regulate blood sugar. and can help you eat less food. plus 3 out of 4 people reached an a1c of less than 7%. and people lost up to 25 pounds. don't take mounjaro if you're allergic to it, or if you or someone in your family had medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2. stop and call your doct