macquarie. you got a lot of companies in your coverage universe. the gaming stocks this week have responded so strongly to their earnings, even though i would i don't you do this for a living. i would characterize it as okay right. did you expect this sort of outsized reaction? >> we did not. thanks for having me, contessa and brian. so an interesting stat is the casino operators have underperformed for five straight years. so heading into this year our view was expectations are way too low. obviously interest rates you know have the possibility of coming down and that will be positive for valuations. and these were a few of our top names. so i think it was really kind of an expectations game. and to your point, contessa, the commentary that we've heard in terms of post election and then more importantly, the first 45 days in february that from draftkings this morning that from when last night was just much, much more positive than we would have thought. and, you know, historically, these companies are going to be somewhat cautious this early in th

ok, thanks very much for that, peterjolley, . much for that, peterjolley, from macquarie university.re, prime minister lawrence wong is set to announce the first budget of his term. meta has announced plans to build the world's longest undersea cable, to shore up internet connectivity for its ai projects. the 50,000—kilometre cable spans across five continents, passing through the us, india, south africa, brazil and other regions. it is also the latest move by the parent company of facebook to expand its presence in al and the infrastructure that supports it. australia's central bank has just announced it is cutting interest rates for the first time since 2020. the move was widely expected by analysts as inflation has shown signs of slowing. and in the next i'm will perry.