you've got leonard lauder at the day lauder companies, ken chennault at american express and albert bourla at pfizer and in my view the difference maker for those is that they valued as seriously as any other skill or discipline in their portfolio so that it's not an afterthought it's not something they just you know rolled into last minute they practiced they think about it. they they value it and so it is my belief it is my argument that it's a big mistake to. consider communications soft skill that in fact it is a rock hard competency. all right. let me ask you let me ask you about pfizer and the pandemic, which to be one of the more intense interest periods in anyone's career. certainly was for me at about self. so all right. so albert bora bora bora became pfizer's ceo in october. of 2018 so a couple of years before the pandemic 2019 2019 and in short order issued new purpose for the company he wanted to see breakthroughs that change lives. and i would say when he made that the mantra, he had no idea how important breakthroughs that change patient lives were was about to be so beginni

estÉe lauder, luxury is resilience. that with american ask press numbers, a 10% increase in their fourth-quarter sales. they like estÉe lauder 2 and they are increasing their price target from 100, to 115. stock is down. we got the personal income and consumption numbers this morning for december, the spending number, consumption, doubled expectations, came in strong at 0.7% so it is almost like a bifurcated consumer, the rich continue to spend and other people struggling. we start to text family members and bought something with the callously expensive but not supposed to be but i was at penn station, bought a bottle of water and slice of pizza, $10.80. stuart: a slice of pizza and a bottle of water. $10. lauren: and $0.80. got one to the counter. stuart: we are being told to move on. the administration pause the approval of new terminals for the export of natural gas. edward lawrence in the white house. the greens must be very happy about this, aren't they? >> reporter: it's about reducing emissions globally but indus

in e, estee lauder. this is an iconic brand.at, i think, on valuation relative to itself, it's actually now really kind of interesting. trades around 25 times. again, some of this just goes back to china. we know about the weakness there. we know what's going on in discretionary. i think their demo in the u.s. is changing. it is getting younger. there's an exciting space. we've seen in cosmetics, even during difficult discretionary, this is one part of the consumer that continues to spend. and -- >> p. >> p, paypal. this is another loser that happens to be a leader in its sector. all these companies i've mentioned, i think, are leaders. paypal, we know what's been going on. we know there's plenty of competition. there's been question about really just how strong that customer base is, we also know there's been some management changes. i think there's been a lot that's been worked through here. i think there's a valuation that's interesting. and they are a dominant player in payments that i think actually has room to shine. >> al

have success was under the 1994 agreed framework in which the united states exchanged, right light lauder nuclear energy reactors for north korea. do you new conversation? and that was, and during the use of that word, north korea did not do anything on this nuclear program. it did not launch missiles, it behaved. and then in the early 2, thousands with the bush administration bumbled north korean policy. and north korea was just like, oh well, you guys are serious about this. you asked, you haven't built any energy reactors for us, you're not really moving forward on that at all. so the agreement is no, no, we can't trust to. and ever since then, we've been in the cycle of saber rattling, maybe some negotiations more, save around the notice of negotiations. and united states has not been successful in seriously engaging with north korea. all right, so i turned in to just overall, what would your advice be right now to, to the bite and administration? how should it react to conjunctions, remarks, or, or, indeed to the, to the incoming administration? is a 5 and fails to, to win reelection

so can these digital disruptors really challenge the global giants like estee lauder and l'oreal?, the big boss of trinny london, who's gone from telling women what not to wear on her television show to selling cosmetics directly to them online. plus, why a lack of truck drivers around the world could be another big hit to our global supply chain. the big boss of the global truck maker scania joins me to talk truckers, and whether an all electric future is possible.

so can these digital disruptors really challenge the global giants like estee lauder and l'oreal? i'm going to be asking two women giving it a go. there they are. megha ashar, who's start up in india, just got millions of dollars of investment. and trinny woodall, the big boss of trinny london, who's gone from telling women what not to wear on her television show to selling cosmetics directly to them online. plus, why a lack of truck drivers around the world could be another big hit to our global supply chain. the big boss of the global truck maker scania joins me to talk truckers and whether an all electric future is possible. wherever you'rejoining me from around the world. once again, a big hello and a warm welcome to the show. you know, just over six years ago, the singing superstar rihanna, she launched a cosmetic brand called fenty. she had the backing of the global luxury goods giant lvmh. today, fenty has made rihanna a billionaire, but she's not alone. kyliejenner, one of the most followed people in the world on social media, launched a makeup line and became hugely succe

so can these digital disruptors really challenge the global giants like estee lauder and l'oreal?investment. and trinny woodall, the big boss of trinny london, who's gone from telling women what not to wear on her television show to selling cosmetics directly to them online. plus, why a lack of truck drivers around the world could be another big hit to our global supply chain. the big boss of the global truck maker scania joins me to talk truckers and whether an all electric future is possible.

progressives are only getting lauder.sanders says he can understand that but doesn't think it will hurt biden in 2024. >> the choice is clear. running against donald trump who is the republican candidate, is one of the most dangerous political figures in american history. people will rally around biden. there's no question. it is very hard or the young people, for most americans, to be excited about what is going on right now. the president has to change course. >> it's not just american demonstrators that want america to back off. the houthis sending that message after the u.s. air strikes last week hitting a u.s.-owned ship with a ballistic missile in the red sea just this morning, martha. >> martha: quite something. jacqui, thank you. joining me now, marc thiessen, american enterprise senior fellow and fox news contributor. good to have you with us, marc. i want to start with this axios quote with biden running out of patience with benjamin netanyahu. he said biden has not spoken to netanyahu in 20 days. since a tense

estee lauder is an example where they want to have a deep understanding of what their customer is sayingnd in the customer-service channels so that is an example of just unique ways to get at customer insights and interactions that the technology just did not enable them to in past years. >> thank you both for running us through the relationship. vice president of industries at google cloud and chris rupp, chief customer officer at victoria's secret. thank you both. that does it for this edition of bloomberg technology. ed: check out the podcast wherever you get your podcasts. tune in this afternoon for my conversation with margaret, european competition commissioner. she is in silicon valley and she has met with some of the biggest names in the world of technology and she's taking action was one year left in the job. find out why. this is bloomberg technology. ♪ what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh >> live fro

estee lauder, not sure why this one is up. it is the fourth best stock for the s&p 500.y report in two weeks. 32% or so of the revenue comes from china and of course there was a bloomberg exclusive recently, the idea that china may be considering putting in stimulus as a result. the nasdaq golden dragon index having their best day since july of 2023, up more than 5%. that rescue package if it happens could be as much as $278 billion. china tech stock investors cheering that for sure. katie: we will see if it comes to fruition. abigail doolittle, thank you so much. coming up, johnson & johnson's fourth-quarter sales and earnings beat estimates. we will speak with joe walker, johnson & johnson cfo. that is next. fresh, warm hot dogs! when i'm not selling hot dogs, i invest in a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one. cool, right? so cool. anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. hot dogs! fresh, wa

stuart: s&p 500 winners, biorad labs, american express, estee lauder, whatever, donahoe group with. -- i just don't know. [laughter] i hope they're not offended i get their name wrong. tesla's at the top. lauren lauren just a 1 gain. stuart: tesla's now at 185. okay, the 10-year treasury yield, it's actually moving up a little, 4.14. the price of gold still -- lauren: that's surprising because we got the core pce inflation number under 3%. stuart: yes, we did. lauren. i thought the 10-year would be a little bit less. stuart: apparently not. bitcoin -- well, gold is at $2,039, bitcoin's at 41,2. oil last time we checked was $76 a barrel. 77 now. going up a little bit. nat gas, despite all the lousy weather around the country, it's actually down at 2.55. gasoline, unchanged at a $3.10 for regular. diesel, that's also unchanged at $3.91. >>> coming up, the governor of michigan, gretchen whitmer, left people we bewildered after she posted a video on social media with special guest professor potato. roll tape. >> hi, professor if potato. i wanted to share some yukon gold news with you, m

. >> it's interesting, though, because we saw estÉe lauder's performance significantl impacted by tepidexposure to the china market i hurting the retailer, and, yet we have the ceo of las vegas sands coming up. they are reporting into account, there retail segment i outperforming pre-pandemic levels so, is there something about certain brands or certain area in china where lvmh is doing better >> well, respond had a great quarter in china as well they were up over 20% lvmh u 30% in china so, i think what i'm being tol it's the must have brands in china, cartographer richmond vuitton and do your in china and anything below that is really struggling. >> interesting >> all right, robert, we'l find out who bought that house >> yes >> as i mentioned, cards on th table, shares of las vegas sands going slightly highe today after posting a revenu review for the fourth quarter. we'll hear from the ceo abou how the recovery is going in asia, when power lunch returns [♪♪] your skin is ever-changing, take care of it with gold bond's healing formulations of 7 moisturizers and 3 vitamins. for all you

if estee lauder brooking -- looking blemish plaintiff free after jeff eye's raised its price target. by 2%. the brokerage firm believes the cosmetics company deliver in line or better than anticipated results for the december quarter. jeffreys also feels more confident ant a the sector after lvmh reported a 10% increase in luxury sales. and i want to show you that stock for a moment as a well. lvmh summering 7.33 % right now. the luxury goods group that owns louis vuitton and tiffany sees resilient demand if for if high-end fashion. just a week or two the ago everybody was saying, no. nobody's buying purses. investors are hitting the brakes on norfolk southern after the company reported fourth quarter profit below analyst estimates. the train operator said it took a fresh charge of $150 million in the quarter resulting from the derailment in near east palestine, ohio, last february. yeah, it's been almost a year. the georgia-based rail company said it was also hurt by lower e revenue from its merchandise and coal transports. this is the third consecutive quarter that the railroad has

. >> well, i need to point out that the e in bicep is estee lauder. have a recovery in china luxury and cosmetics and what not, that thing's going to rip. >> he needs to point that out. >> everybody knows that, tim, please. >> going to rip. >> up next, final trades. like a dad party,ress a birthday brunch, or a vow renewal for your dogs? yes! the right drinks delivered for any party. drizly. [♪♪] your skin is ever-changing, take care of it with gold bond's healing formulations of 7 moisturizers and 3 vitamins. for all your skins, gold bond. rylee! from rylee's realty! hi! this listing sounds incredible. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ >>> time for the final