i'm jon fortt, morgan brennan is off today.ollars worth of advice. we will talk to the ceo of investment firm janus henderson about the outlook for the u.s. and global markets as we head into the fall. >>> plus we're awaiting earnings this hour from three names in the enterprise software space, asa na, git lab and zscaler.

i'm morgan brennan with jon fortt. dan niles is makin

jon fortt brings up close and personal with ceos whose companies products eliminate as much buzz as theyhas been synonymous with audiophiles for a lot of years. >> it sure has. liza snyder is the ceo of bose, the company will be 60 years old next year and snyder has been retooling the company for the post covid digital era, speeding up product development. snyder, a mechanical engineer, is used to getting under the hood and making hanges. >> i grew up in a house where we tinkered with things, we fixed things, my sister and i would learn from my dad how to do all of those things and it was a natural curiosity and interest in how things work and a love of math and science that came all together to become engineer. my sister is a mechanical engineer and so am i. >> nice. what were you fixing? what was your dad most interested in tinkering with that he also shared with you? >> a lot of cars. we definitely knew how to do all the basic maintenance on your car i can do. and, you know, a lot of car restoration and, you know, but also fix ing ing the washing ma and putting new siding on the house

jon fortt with morgan brennan. coming up, could crude head to 150 dollars per barrel?said in a new call. ask the energy expert helena croft if she agrees. >> plus talk to the cfo, $100 billion defense lockeheed marti. how a government shutdown will

here's something else you might want to watch tomorrow, jon fortt's interview with pat gelsinger from the innovation event and that will be happening here on "overtime" at 8:00 p.m. eastern. that will do it for "overtime" "fast money" begins right now. >>> live from the nasdaq marketsite in the heart of times square this is "fast money. here's what's on tap, up and up, the ten-year hitting its highest intra-day level in more than 15 years and one market watcher is saying this rate surge makes the market rally completely unsustainable. plus apple's golden delicious day. the stock popping as iphone preorder seems strong and the host of analysts paint a bullish picture for the tech giant and we'll go into the numbers and ark investment ceo cathie wood is weighing in on tesla shares and it has 2023 rebound and the cloud and ai, and i'm melissa from the nasdaq marketsite, tim seymour, guy adamy and steve grasso and we begin with the milestone move in interest rates and the yield on 10-year treasurys briefly touching the heightest levels in more than 16 years this morning before pulling bac

. >> and i'm jon fortt joining you today from intel's innovation event in san jose.eo pat gelsinger in a few moments about the company's a.i. plans, and innovation efforts a

i'm morgan brennan with jon fortt. the shutdown and your money.tential impact on defense stocks with a top analyst along with former army secretary eric fanning.

i'm morgan brennan with jon fortt. apple is part of the reason.unveiling its iphone 15 lineup along with several other new devices. we'll bring you all of the highlights and what the next catalyst could be for those shares. >>> plus, we'll get the read on retail and the state o

i'm morgan brennan and jon fortt is on assignment have stocks reached a breaking point in the big threemanager who says there are still names to buy in the auto world. plus, we'll talk to the man behind the musk book walte

today jon fortt brings us up close with an entrepreneur whose ambitions almost killed him when he cameirement to make data ownership real. >> yeah, john roa is founder and ceo of a company with a tempting promise. what if you could curate a data dossier on yourself and get monthly payments from selling it? roa was annual to raise a $15 million series "a" round in this tough environment this month. and yahoo! co-founder and star wars co-founder are among his backers. roa has had startup success before. acta was bought by salesforce. but ross spiralled into a drug fueled party lifestyle that almost literally deleted him. >> i woke up in the hospital on a monday morning after four days of bad behavior and didn't know who i was, where i was. they thought i had a stroke, thankfully i hadn't, but that is what i looked like and sounded like. had no memory whatsoever. i knew what the question was, i knew the concept, but i didn't know what mine was. they would say what city are you in, you can list it. sure, new york, miami, london. do you know which one you are in? no idea. and i was going th

i'm jon fortt with morgan brennan.et this hour in washington as the senate hosts its artificial intelligence forum. we will talk about the regulations that could come with former head of ai andrew ng. >> we'll break down today's hotter than expected inflation print hwan it means for the fed when joined by morgan stanley chief global

welcome to "closing bell" overtime, i'm morgan brennan with jon fortt.from results from c3.ai, we're going to bring you all the numbers. and an exclusive interview with c3.ai kratom siebel before he talks to wall street analysts. >>> we'll speak to the heads of two other companies, the ceo of vi

welcome to "closing bell" overtime, i'm morgan brennan with jon fortt.ay's show, ginkgo bioworks is up more than 30% after striking a deal with google to work on, you guessed it, ai. we're going to talk to

jon fortt is here and brings us up close with the founder and ceo of a bapg using technology to maken latin america. >> yeah, kelly. david velus is a ceo of new holdings whose new bank is growing quickly in brazil and beyond. he started the bank after dealing with the hassle of opening up a bank account in brazil when he moved from colombia a decade ago. today, new holdings trades on the nasdaq. he came from more hum bm begins. his parents fled cartel violence and he group in costa rica where his dad had a button factory. >> i spent summers working with my dad in his factory. i was doing little buttons, doing quality, i was working with machines. spending time there. and when i was 12, i remember having saved enough money, my dad, we had a little house in the countryside with some cattle. and i convinced my dad to sell me a cow. and that was a big investment, buying that cow when i was about 12. >> and then he went from one cow to six. and eventually sold them to help pay for college at stanford. new bank hasn't had an easy path either. velez has had to overcome regulatory hurdles an

our jon fortt was able to speak to the ceo just about an hour ago, and he talked about those high costsarket has worked through a lot of inventory issues. those we believe are largely behind us on the client side we said we still have a little bit more work on the networking and the data center side for that but of course, this is an expensive journey. >> an expensive journey, indeed. it's not even clear who is going to be using these fabrication plants >> well, they said that they have already secured a big -- a customer for 18-a nodes, but no details. that was some of the expectation, that we were going to get more details on who the customers were going to be intel wants to ks to compete wi- >> yeah, who -- >> that's why intel has been doing well, because of esca escalations with china maybe if apple, if china goes to b ban apple or something similar, you would have to recruit the supply chain back to the united states and a company like intel could benefit. >> let's trade this one. what do you think? >> well, i'm long the stock. it's only intel could trade down when talking about a.

i'm jon fortt with morgan brennan. full team coverage today, and what to do tomorrow.l joins us to break down why his state is joining the ftc's lawsuit against amazon as those shares tumble today. >> guggenheim dealmaker eric mandel tells us if the latest reg regulatory

with jon fortt. >>> well, everything red to end the week.n wall street, but winners stay late. welcome to "closing bell: overtime." we are going to talk with the ceo of databricks, the mega unicorn software company that just raised an additional half a billion dollars at a $43 billion valuation. we'll find out if an ipo might be in the cards. >>> plus we'll talk about to venture capitalist and all-in podcast host david sacks about his read on the ipo market, investing in a.i. and more. >>> also

jon fortt looks at that and whether it is worth a fight for regulators.nowhere to be found except one little plus 10 on the fair value for the dow. everything else is red. coming right back. >>> time now for today's aflac trivia question. this ghost buster was born on this day in 1950. who is it? the answer wn bc "ua x"hecn'ssqwkbo continues. coach e took over our office. and he's using it to send out medical bills. good hands! hospital bill for prime?! gaaaaap! did you just say gap?! he's talking about expenses health insurance doesn't cover. good thing coach prime knows about...say it one time! aflac! because aflac gets you money to help close that gap! now how do we get this goat outta here? (whistles) aflac! meet one of my new homies! gaaaaap! get help with expenses health insurance doesn't cover at aflac.com. elephant would've been scarier. ♪ ♪ every day, businesses do everywhere are asking:m. is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care

jon fortt is here this morning to weigh in.in, andrew a convincing case that amazon is using its scale and online shopping to force businesses to use its advertising and fulfillment services the result is that amazon keeps merchants from lowering prices on other platforms so consumers end up paying more than they should i know, this isn't your traditional antitrust scenario where a company becomes the dominant provider in a category and hikes prices on consumers without fear of competition. this is the digital economy, where amazon is a superstore, a marketplace operator, and advertising platform and logistics provider and the ftc builds a case that amazon is using its dominance as a superstore and marketplace operator along with its other strengths to stifle competition, protect its share. among the four top retailers, amazon, walmart, ebay and target, amazon now captures about 80% of total online sales. for the health of the online economy, the ftc needed to call amazon out way to go, lina khan >> so is it really fair for the

jon fortt is here to weigh in on this. >> not anymore.ve done a lot for work. they created the middle class and ended child labor and standardized the five-day workweek. today they're using a tight labor market to force concessions that could destroy auto companies. united autoworkers want a 40% raise over the next four years and return to defined benefit pensions and retiree medical benefits. what is the problem? electric vehicles have fewer moving parts than traditional cars. when the big three have to compete with non-union tesla, bloated costs will kill their profits. i'm not against wages going up. but it shouldn't happen in a way that hamstrings companies so they can't adapt and quickly shifting industries. when unions insist on unrealistic terms, they become a destructive force. >> does the unions opening offer have to be that reasonable? isn't that what negotiations are all about, starting off with something you know you're not going to get and then whittling it down? >> well, becky, on the other hand, a resurgence in unions is wh

. >> did an interview with jon fortt later in the day yesterday on cnbc.r was still talking about staying on, plan for the next generation. >> he bought a lot of business that's an expensive proposition. >> what does that mean >> listen, we'll sell it to you for much less than amd western digital, periodically, either there's a takeover rumor, david, since, what, 1998 >> '90s, yeah. >> i mean, you know, it's going to get taken over. >> one day, it will. >> when you're a hedge fund, this morning, western digital this weekend it's like, i remember western digital at the end of the year on, like, december 31st at 5:30, they preannounced the bad number what quarter does that belong to the next group of lps or this group? do i like the semis? i think the semis are all prepped for the end of the worst pc drought in 30 years, which is rather amazing >> i'll tell you one thing we started the hour talking about the b of a target upgrade. a lot of that's based on investment, a.i., and infrastructure and caterpillar, one of the best-performing dow names today after t

jon fortt is here to weigh in. you have to have more than one opinion. >> i came armed. >> armed?ill want to grab ahold of. the last 15 plus years of tech innovation have been shaped by arm's low power architecture. pc class computing slip into our pockets and purses in the form of smartphones and tablets, the streaming revolution in smart boxes and tvs and devices like apple's max which ditched intel chips for on base designs. what's next, the data center market for one, hyper scalers, amazon, microsoft and google look at arms chips as a driver for efficiency of the cloud. electric vehicles packed with smart systems that will need to watch the road and use artificial intelligence to assist the driver and also run sophisticated connected entertainment systems in the dash and backseat. probably the strongest argument for arm being worth way more than $54 billion, the future is ai, and to reach its fullest potential, it will need realtime data from camera, motion and heat sensor, tiny computers. these data collectors will most likely need arm technology and dry revenue for the next

. >> i feel like jon fortt.aid it might happen and might not be the worse thing to happen. i do get twitter after this and $33 trillion. you are fine we are never going to spend anything else other than debt service? we can't do the great programs because the debt service is so high. you think that is normal? you don't think we should take drastic measures? i get people who yell at me when i don't take the shutdown people seriously? >> that is coming from me in a text. no, i don't like spending either. here is my point to my conservative friends. there is a conservative c compromise to reduce spending 8% and add border security. that is a good proper osal that could pass the house and should pass the house. you only have a five-vote majority in one body of congress. the house. you don't have the senate. you don't have the white house. you will not fix the world. heidi, with all respect, she is talking about making changes to make it harder to reduce spending. the only time we have spending discussions are on the