zero sense of humor. >>> comments from ceo marc benioff helping this morning.untry's president facing an impeachment bill after he declared martial law and reversed the move hours later. >>> and president-elect trump's pick for defense secretary in jeopardy and the new person that might get named very interesting. reports say trump is considering some other options amid growing concerns over pete named very interesting. reports say trump is considering some other options amid growing concerns over pete hegseth's personal life. it's wednesday, december 4th, 2024. exactly three weeks until the 25th. huh? huh? even though it's early. "squawk box" begins right now. >>> good morning,

ceo marc benioff saying the real excitement is around the rise of digital labor.y years, the company help customers manage data and analytics but now the company has created a new market that is so much bigger than data management, the market for digital labor with the rise of ai agents to help customers compute complex data models to serve their end-user. he made the point these ai agents will only enhance human capabilities. a strong reaction to earnings and even before the results came out, a 375 rating, piper sandler of its targets. keep in mind, since force is not that the only software cloud company leading to ai agents, service now, oracle among others. it is feeling the software trade with software stocks and effort outperforming stocks since the u.s. election, melissa. >> seema moody with the details on crm. is this the handoff we have been looking for? the sort of reminds me of meta in that they are reating an ai, they have an ai product but they are using it internally to improve their own metrics. >> the promise of ai is to take out customer management

ceo marc benioff expressed optimism about the changes for he spoke about " time" magazine's person ofonald trump. benioff has owned the publication since 2018. he begins with ai. marc: this is the most exciting thing i've ever worked on in my career, the idea that humans with agents are driving customer success together. we started talking about this at our dream force conference a couple months ago. now our salesforce -- our coo just told me in the event that we have signed more than 1000 contracts with customers to deploy, probably the most exciting appointment area is that salesforce has this up and running for our customers. help.salesforce.com is live as of today. we have thousands of agents working with thousands of customers working hand-in-hand with human support agents resolving customer success. and we have dramatically reduced of the number of cases that we have to escalate to humans. >> you have a number of customers in vastly different industries using this technology. how are they each adapting it to their business use case? marc: you're right, companies and every single

i did speak to salesforce ceo marc benioff about this big news.nutes from now including new tidbits on what they're seeing as far as demands and orders. but guys, today is the fed day, so let's get into it. there's not a lot of mystery about what the fed is going to do. the market says 95% chance the feds cut interest rates. it will be the third one since they started cutting in september. the big question around today is the communication. it's a little bit of a communication challenge for him. first of all on justifying the rate cut, i feel he has to do a little bit of a dance to justify a rate cut in this kind of economic environment, similar to what they did back in september when they cut 50. remember, that was kind of a surprise. there was a little bit of a dance with the recalibration thing. so today, there's going to be that too. the other challenge he has is on expectations and how he interprets the better economic data and firmer inflation number, and whether he tries to pivot to every other meeting kind of rate cut. we will see as we go

caroline: marc benioff speaking with annmarie hordern.gainst a snapshot can affect section 230. this is "bloomberg technology." ♪ think scaling your ai pilots is hard? think again. with watsonx, you can deploy ai across any environment. above the clouds and on lots of clouds. with your secured data on prem, in real time on center court and assisting bank tellers on the edge. watsonx helps you deploy ai wherever you need it. so you can take your business wherever it needs to go. ibm. let's create. caroline: today's big take is about a lawsuit arguing snapshot has helped dealers sell children deadly counterfeit drugs and a lawsuit could change the internet as we know it. bloomberg's olivia carville is here with another grand breaking story. fentanyl has become one of the leading causes of death among teenagers, killing more than 1600 people. all social media platforms are implicated. why is snapshot singled out? olivia: drug sales can be found on all social media platforms. what differentiates snapshot and why law enforcement is singling ou

those relationships, with many now publicly embracing the incoming president. >> salesforce ceo marc benioff applauded the time person of the year selection, writing on x, quote, we look forward to working together to advance american success and prosperity for everyone. >> benioff was once a trump critic and in 2016 supported hillary clinton. >> okay, we see which way the wind is blowing. now we're going to suck up to the new regime. >> and tech giant mark zuckerberg, usually a supporter of liberal causes, is also shifting toward embracing trump in a way deeper than policy. >> this libertarian ethos in silicon valley, it's been a really, really big part of the culture for decades. >> steve hilton is a silicon valley entrepreneur and trump supporter. >> for the longest time, it's just been assumed that everyone in silicon valley is a democrat. and so i think that was the reason that he probably went along with some of those things. but deep down, that libertarian drive and ethos, i think is really, really central to mark zuckerberg and a lot of these tech founders, silicon valley leaders, ar

those relationships, with many now publicly embracing the incoming president. >> salesforce ceo marc beniofflauded the time person of the year selection, writing on x quote, we look forward to working together to advance american success and prosperity for everyone. >> benioff was once a trump critic and in 2016 supported hillary clinton. >> okay, we see which way the wind is blowing. now we're going to suck up to the new regime. >> and tech giant mark zuckerberg, usually a supporter of liberal causes, is also shifting toward embracing trump in a way deeper than policy. >> there's libertarian ethos in silicon valley. it's been a really, really big part of the culture for decades. >> steve hilton is a silicon valley entrepreneur and trump supporter.repreneur and trump >> for the longest time, it's just been assumed that everyone in silicon valley is a democrat. and so i think that was the reason that he probably went along with some of those things. but deep down, that libertarian drive and ethos, i think is really, really central to mark zuckerberg and a lot of these tech founders, silicon v

marc benioff put out a report suggesting more spectacular gains for a.i. that stock is up, let me squint, 11.6. bitcoin again approaching $100,000. right now it's the at $95,000 and change. interest rates, look at the 1010-year treasury -- 10-year, 4.27%. that yield going up a bitted today. the yield on the 2-year is also going up, reaching 4.321%. 4.21. the "wall street journal" says trump is now looking at florida governor ron desantis for defense secretary. the original pick, pete hegseth, will continue to meet with republican senators on capitol hill today. sheriff chad chronister has withdrawn from contention to lead the dea. his enforcement of pandemic restrictions has drawn a lot of opposition. more repercussions from bind's bard of his son, hunter. a federal judge says it may have exceeded the scope of the president pardon powers. what does it try to cover-up? on the show today, the whole idea of sanctuary now in question. an appeals court says it's okay for i.c.e. to to deport illegals even if local authorities object. the premier offal bear that

students at pepperdine university are also under shelter in place orders. >> salesforce ceo marc benioffncoming trump administration. benioff, who has donated large amounts of money to democratic candidates and democratic causes, tells the chronicle. any new president should receive support since they are now the new leader of the country. well, the man charged in the fatal shooting of unitedhealthcare ceo is being held without bail in pennsylvania this morning. we're now learning more about that suspect as possible motive and his ties to the bay area. ktvu is andre senior now with the story. >> well, good morning to you, pam. prosecutors filed murder charges against luigi mangione last night. the arrest of this 26 year old came five days after that deadly shooting of health care ceo brian thompson, outside of a manhattan hotel. that brazen killing leading to a nationwide manhunt. and this is new video now taken of the suspect last night, hours after the arrest that ended that manhunt. police took mangione into custody at a mcdonald's restaurant in altoona, pennsylvania, yesterday mornin

trump now includes ceo of san francisco based salesforce marc benioff. he says the trump administration seems more interested in hearing about issues important to the industry compared to the biden administration. most experts expect the upcoming white house to reduce antitrust enforcement and be more business friendly, including allowing more mergers. >> our time now. 705. a jury in san francisco found nima momeni guilty of second degree murder for the killing of cash app founder bob lee. that verdict ends an almost two year process that began in april of 2023, when momenti stabbed bob lee to death in san francisco. well, he was arrested several days later and he was charged with murder. the trial began in october. the jury reached its verdict this week. ktvu is andre senior in the studio with us now. and andre, the families that are involved in this case, they were pretty vocal during the trial. how did they react? >> well, dave, family members of the victim and the convicted expressed their emotions following the outcome of the trial. it took jurors s

we saw a concern about the marc benioff desire to do m&a, perhaps not thinking about profitability.ing big business, splashing billions on start up acquisitions. do you still like them talking in where they can, adding on? anurag: small acquisitions don't bother me one bit, it doesn't impact the free cash flow. it's the big ones that worry, it will change the momentum of margin improvement. the day that he announced that there won't be any more m&a and it will focus on margins, from that point to today, the margins have gone up by 10%. that is a very big number by any standard. frankly speaking, when you look at a company like microsoft or oracle, salesforce has a long way to go before they reached those numbers. there is still more potential for improvement as long as they can get their own growth rate up. caroline: the margin coming in at 33.1%. what of microsoft? what of competitors in this offering that we hear so much about? caroline: looking at sales -- anurag: looking at salesforce, service cloud has a lot to depend on with the people who are looking at back-office customer s

to say nothing of marc benioff who owns "time magazine" who just named donald trump person of the year. what a coincidence. this is the time of year where the people in position of resources are using them in the political system to try to get what they want, tax cuts, deregulation. >> peter justin, thank you to the both of you, greatly appreciate it. >>> when we come back, a new jersey drone mystery is prompting security concerns. we dig into what's happening and who could be behind it after a quick break. x figure o. cool right? look at this craftmanship. i mean they even got my nostrils right. it's just nice to know that years after i'm gone this guy will be standing the test of ti... he's melting! oh jeez... nooo... oh gaa... only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ (tony hawk) i still love to surf, snowboard, and of course, skate, so i take qunol magnesium to support my muscle and bone health. qunol's high-absorption magnesium glycinate helps me get the full benefits of magnesium. qunol. the brand i trust. >>> tonight lawmakers are demanding answers about

. >>> speaking of software, don't miss jim cramer's interview with salesforce ceo marc benioff tonight. don't want to miss it. and coming up instacart shares have nearly doubled this year. but deutsche bank is not buying the rally. the firm said fundamentals face an uphill battle the next few years. the analyst behind that call joins us to make his case. >>> but first we turn our attention overseas with the frechbl government on the verge of collapse as the lawmakers prepare to hold a no confidence vote tomorrow. and south korea saw the first declaration of martial law since 1980 and wlle' break down the market and what it means for investors. the exchange is back after this. >> announcer: this is "the exchange" on cnbc. >>> welcome back to the exchange the french government is on the verge of collapse with lawmakers holding a no confidence vote tomorrow and south korean stocks have hit their lowest level as that president declared martial law. only to see parliament reverse that decision less than three hours later. let's turn to seema modi. >> south korea president declared martial l

software to their customers. 2,000 is two times the number of workers that the ceo, marc benioff, saided it in a month. and for those 2,000 positions he says he's received 9,000 referrals. i mean, talk about competitive. also wanted to tell you this, salesforce has closed 1,000 paid agent force deals. that's digital labor. think of a hotel saying, okay, let's deploy the robots to clean the rooms when the human workers don't have time to do it. or a retail company saying, hey, why don't you use our chat bot instead of calling in to customer service and speaking to a human being. so the salesforce is a robot force. king -- digital economy, digital staff. stuart: i think i got that. good stuff. cathie wood, i know she sold some of her tesla shares. i want to know how many and why -- lauren: $70 million worth, and the reason, i had to look this up a million times, i couldn't believe it, tesla was up more than 90% since election day. i actually charted it. 90% since trump won the election. tesla is still 16% of her main fund. that fund is only up 20% this year with, so it's kind of testing

although marc benioff, ceo of salesforce, says he is trying to stay nonpartisan.litics aside and start a new chapter for the country. benioff says the trump administration seems more interested in hearing about issues important to the industry, as opposed to the biden administration. most experts expect the upcoming white house to reduce antitrust enforcement and be more business friendly, including allowing more mergers. >> well, a jury in san francisco found nima momeni guilty of second degree murder for the killing of cash app founder bob lee. that verdict caps off an almost two year process that began in april of 2023, when momeni stabbed bob lee to death in san francisco. one man was arrested. several days later, he was charged with murder. the trial began in october. the jury reached a verdict this week. ktvu is andre senior is here in the studio with us now. and andre, the families involved in this case were very vocal during the trial. how did the two sides react to that verdict? >> well, the family members of the victim and the convicted expressed their e

you mentioned marc benioff, and we have mark zuckerberg. so these big businesses jumping in to support this. how do you think that affects the transition into a second trump administration? >> well, i think there's two things going on here. first of all, donald trump loves to be the center of attention. he wants to be the bride at every wedding. and the corpse at every funeral is what's said of him and surrounding himself by other people who are very wealthy and successful business people gives him a bit of grace by proximity that he really likes. he likes to be considered not only just the incoming president, but also a successful businessman, and so this helps him to do that. we also know that there have been a lot of business interests that have been currying favor with the incoming president. they are very interested in things that he's going to be doing about labor relations, about tax policy, about incentives that have been offered and might be cut by some of his new administration. >> what do you think about the cabinet nominees so f

ceo marc benioff made that big announcement in san francisco.pany previously said it planned to onboard about half that number of staff a month ago. sales force is hoping to boost revenue with a generative ai features the second generation of the company's ai agent software is expected to come out to customers in just 2 months. >> well, small business owners across the state now have more than 200 million dollars available through california. small business loan program. the loans can help renovate buildings, purchase inventory, and help with other start-up costs, too. that money is all part of the state's 1.2 billion dollar commitment to small businesses. >> time now 6.26. and still ahead on the kron, morning news, how bay area businesses are reacting to a new state law that's going to penalties stricter for retail, theft and stricter for retail, theft and clocks. it is inevitable. chloe! hey dad. they will grow up. [cheering] silly face, ready? discover who they are. [playing music] what they want from this world. and how they will make it bet

time magazine is owned by marc benioff, the founder of san francisco based salesforce.e recently named trump as the person of the year. trump has also gotten support from mark zuckerberg with a $1 billion donation to his inauguration fund. all this support is spotlighting a change in the tech community. >> for the longest time, it's just been assumed that everyone in silicon valley is a democrat. and so i think that was the reason that he probably went along with some of those things. but deep down, that libertarian drive and ethos, i think is really, really central to mark zuckerberg and a lot of these tech founders. >> though trump has vowed to repeal president joe biden's ai executive order. the order aimed to create safeguards and protect people's rights without hurting innovation. >> president elect trump says that he has met with the union that represents dock workers around the country to talk about automation. they went on strike in october and that was one of the issues. the strike didn't impact the port of oakland, but who knows what will happen in the future.

software etf which has been on a tear since trump won the election investors will want to hear from marc benioffproving under trump and whether that will lead to more deal making. >> mike santoli, got a couple minutes to go here a day not so similar to yesterday. >> no, not really. just sort of firm at the index level. more stocks down than up in this consolidation mode really it's also a strong trending market, but a low momentum market. that's been the saying for quite some time with some exceptions four of the top biggest weights in the nasdaq 100 are up more than 1% today. only amazon really has any news behind that. so it just sort of shows you when the market is indecisive for a moment and needs a little bit of ballast, that's where it reaches for. last week was strong, supposed to be strong early december, there's a high probability of just sort of a hesitation and a plateauing i think everything is fitting together fine. treasury yields cooperating and all the rest i think it's more building up toward exactly what can this economy deliver now that everybody's economic mood has brightened

in san francisco salesforce soared 11% after delivering strong revenue than expected, and ceo marc benioffthe company's artificial intelligence offerings for customers. also, shares of nvidia, by the way, were up 3.5%. >> the state legislature will soon consider legislation to lower the cost of insulin and other prescription drugs. two bills were announced by san francisco state senator scott wiener. he says his prescription drug affordability package will cap monthly co-pays for insulin at $35 and stop abuses by unregulated pharmacy benefit managers. according to senator wiener, california is falling behind dozens of other states in capping prescription drug costs. >> california has fallen behind other states in terms of taking basic steps, which we are doing with our legislation that we're announcing today to reduce prescription drug costs. 25 other states, including red states like texas and west virginia, cap the price of insulin co-pays for private insurance. california does not. >> in august, congress passed the inflation reduction act, which capped the price of insulin at $35 a mont

. >> salesforce ceo marc benioff applauded the time person of the year selection, writing on x, quotek forward to working together to advance american success and prosperity for everyone. benioff was once a trump critic and in 2016 supported hillary clinton. >> okay, we see which way the wind is blowing. now we're going to suck up to the new regime. >> and tech giant mark zuckerberg, usually a supporter of liberal causes, is also shifting toward embracing trump in a way deeper than policy. >> there's libertarian ethos in silicon valley. it's been a really, really big part of the culture for decades. >> steve hilton is a silicon valley entrepreneur and trump supporter. >> for the longest time, it's just been assumed that everyone in silicon valley is a democrat. and so i think that was the reason that he probably went along with some of those things. but deep down, that libertarian drive and ethos, i think is really, really central to mark zuckerberg and a lot of these tech founders. >> silicon valley leaders are regularly discussing these shifts online, like on a recent episode of the

ceo marc benioff credited its increase in ai agents that helped customers.vidia, the santa clara based company that makes most of the ai chips used by companies, rose 3.5%. it was the strongest force pushing upward on the s&p 500, by far. >> coca-cola is changing its sustainability goals, and that is upsetting many environmental activists. the company has been criticized for being one of the world's top producers of plastic, and now has a goal of using 35 to 40% of recycled material in its packaging by 2035. that's a reduction from its previous goal of 50% by 2030. coca-cola says the change is based on what's been learned through the years of sustainability work and assessing progress and challenges. the company's recycling goal is also being tweaked. back in 2018, coca-cola announced it would recycle the plastic equivalent of every bottle it put out into the world. now that goal is 70 to 75%. pope francis has upgraded his ride. mercedes benz debuted this all electric popemobile. today, the automaker has long supplied vehicles to the vatican, but this is the

at the end of a triumphant week for a media obsessed donald trump after time magazine, owned by marc benioff historic proportions. danielle and hayes are still with me. so, there is a difference between kissing up to someone and then paying for this type of influence. i assume this is what they're doing, they are hoping to have, i assume they are trying to ingratiate himself to him. i don't know why jeff is is is doing what he is doing now, but what do you make of it? >> i mean, the fact is $1 million to these people is absolutely nothing. so that should just be emceeing in and of itself. the fact is that they are, again, this is a cya campaign. this is how people protect themselves. and protect their wealth. protect their influence in their assets. so if they know that donald trump says he will come after them, then you preemptively do the right thing. oh, he is the president and we must respect the president, don't you understand that? this is their m.o.. so it does not matter what jeff bezos has said before. it is now donald trump is great and he has grown so much. guess what, senator col

ceo marc benioff making that announcement at an event in san francisco. the company previously said that it planned to on board. half the amount of staff a month ago. sales force hopes to boost revenue was generative artificial intelligence features the second generation of the company's ai agents. software is expected to be available to customers in just 2 months. more than 200 million dollars will be funding a program meant to support struggling small businesses across the state. the money will be made available to business owners. >> who turned to california small business loan program for help. the loans can help renovate buildings, purchase inventory, and also help with other start-up costs. the money is part of the state's 1.2 billion dollar commitment to small businesses to the south bay. now the alum rock neighborhood of the san jose will soon be getting a makeover. kron 4 charles clifford reports from san jose. >> the alum rock neighborhood here in east san jose has a lot of character in history. this actually used to be its own little town until

ceo marc benioff made that announcement at an event in san francisco.board half the amount of staff a month ago. salesforce hopes to boost revenue with generative artificial intelligence features. the second generation of the company's ai agent software is expected to be available to customers in just two months. >> all right. coming up in sports, the cal bears bowling tomorrow in southern california as they take on top ranked unlv. up next, though, what the teams are missing prior to the kickoff. >> then on the 11:00 news, a beloved oakland bakery closing its doors. a look at the owner's plans t z's bakery is looking to add a pizza oven, arissa's hair salon wants to expand their space, and steve's t-shirt shop wants to bring on more help. with the comcast business 5-year price lock guarantee, they can think more about possibilities for their business and not the cost of their internet. it's five years of gig-speeds and advanced security. all from the company with 99.9% network reliability. get the 5-year price lock guarantee, now back for a limited tim

a lot of the tech executives i've talked to recently keep telling me, i just interviewed marc benioff like, oh it's just rhetoric and wait till we see if he does anything. i think that's their sort of wait and see attitude. and jeff bezos case, he watches elon musk, who he competes with in the space race with he has blue origin and obviously elon musk has spacex. and so he wants to get in there. and he was competing for for those those big contracts at nasa and other places. and elon's got the upper hand obviously. and probably the better technology too in that case if i had to pick. and so he's going to do that. i think the problem jeff bezos has is he owns the newspaper. he's not like any other ceo. you can see if tim cook does it or satya nadella that makes sense for them to sort of be on in the middle and the fence and be friendly with bezos. he's got a real problem. he owns the washington post and so that puts him in the crosshairs of trump, which is what happened last time. >> yeah, i do wonder how he balances that because obviously the washington post does fantastic reporting.

all of that driven by the agentforce, which marc benioff says is a true driver of what's going on atesforce. keep an eye on that. big tech day. >> a big comeback for software names. >>> new data shows weaker than expected job growth in the private sector. adp reporting private payrolls grew by 146,000 in november. a little less than forecast, and below the number from october. that was 184,000. we got the ism services print, an activity expanded for a fifth consecutive month at a much slower pace. the pmi fell from 52 to 56 in october. and finally, factory orders were up marginally, up 2/10 in october. what is this telling us, let's dive deeper with my next guest saying a rebound in payrolls is one of the reasons the fed won't cut rates later this month. joining me now is drew mattis. at met life. and steve liesman is here as well. welcome to you both. drew, let me kick off with you. sounds like your expectation is pretty high for the reading we might get for payrolls friday. >> i think there's going to be a weather-related rebound. it's not rocket science. you had a big decline beca

that goes to 4:00 a.m., and marc benioff wanted to use names on the list and all of a sudden he is onor, software is let in, already on the dance floor from a use case perspective is palantir, and the bears cannot see ai in the spreadsheets. they hated it as a teenager earlier this year, and despises it at 83, but it is just a beginning now of what i've u.s. the software age in ai, salesforce, palantir, and others. annmarie: what names will we be talking about next year that were very quiet during 2024? 2024 was about nvidia, tesla. what are the names of 2025? dan: in terms of my view for large-cap tech, i think they will be up 25%, 2025, what has not been on the radar, m&a, software, cybersecurity because with the ftc, that nightmare, nightmare on elm street, it is done protect. now you will see a lot of acceleration when it comes to software and cybersecurity. that is what is going to lead the ai cycle, and cybersecurity is an area i believe could ultimately be one of the biggest outperformer's. annmarie: another tech analyst joined me and said the same, 2025 will be about cybersecu

i mean, i just saw an interview with marc benioff, who's head of salesforce this week, and they obviously put he owns time magazine. he put he made donald trump the person of the year, which i think is deserved. actually it's not that's not really the issue. but it was quite effusive. and here's someone that did not go to an early trump stuff and was very much against trump. and now he's sort of in the tank again. i mean, this is what they do. this is what these people do. they want to maintain money, power and influence, and they will do anything at all to do that well, and on that front, excuse me. >> kiara. um. >> that's okay. okay. >> his i'm okay. i think i swallowed a bug out here. uh, trump, though in his time. i'm kidding. trump and his time magazine interview today was asked about conflicts of interest with elon musk and what that could look like. and i want to read you the quote that he said in response to that. he said, quote, i think that elon puts the country long before his company. i think he's one of the very few people that would have the credibility to do it. but he puts

>> marc benioff will be on our air at 10:00 a.m.paign that recently targeted verizon. i want to welcome chief intelligence officer krebs who served for the cyber security infrastructure agency and ran u.s. cyber policy for microsoft. i want to thank you for joining us >> thank you for having me >> what is the challenge and what is the cost since all we do is talk about doge every morning to deal with these things? >> yeah, look, the last couple years we've seen an increase in chinese cyber activity, a campaign announced that was going after infrastructure and after military infrastructure. now you've got the one that's going after the telcoms. that's the biggest issue at the same time you have ransomware that continues to hit every aspect of the economy. you had krispy kreme offline and disrupted operations what i expect to see is an increase of offensive cyber activity, something the first trump administration picked up with persistent engagement which just means get out there and get in the bad guys' network >> we're having this b

so same thing with marc, like i was marc benioff owns time, and he got on that. he he had some fit on twitter about. kamala didn't do an interview with him, right? how dare she? you know, she never did in 50 years. but i'm like this. and so i texted go you know what you whiny person said i had a bad word to him and i said she'll do and said, if you were relevant, she'd do an interview with you. it you try to be relevant. and he was like, what's how did i magazine? i'm like, nobody reads it. so guess what? she'd be better my podcast because i'm bigger than time magazine. so it was like, you know, they just are so sensitive. these they think they should get everything for owning it. and so i think there's other ownership ways, there's other cost ways that don't like. i think people in media should own a piece of the stuff like the washington post reporters should get a piece of it, a piece of it, and then be motivated to do something about. right. i mean, okay, that would be. but then they never gotten a pot like i'm just using poll as an example. they they podcast

cnbc contributor after put together a tour deforce of conference yesterday that had tim cook to marc benioff since actually we launched the concept. as obvious as it was to create a school for the boss, nobody had done this before forbes fortunate business week, it was started years later so we were the first, and we're truly the only noncommercial educational event. >> i was there for part of it. tell me what you think was the biggest surprise for you >> one of them was that they showed up. a number of their boards told them, this is really dangerous ceos are being targeted. you're on playing cards. you're on posters, wanted posters. >> clearly by the way, across the street from where brian thompson was shot, physically, literally. >> that is absolutely true i accidentally lied to them. i told them we were 50 paces away from this the murder took place. it turns out we were as mayor adams showed us, we were actually closer than that. >> mayor adams was that. >> he was there. there was a statement of defiance that they were there. they made a strong statement several of them changed board mee

the ceo marc benioff spoke to jim cramer on "mad money" about the prospects for its a.i. chatbot system known as agent force. >> everything is going to be enhanced through this agent mechanism and that's an incredible opportunity that we're able to harness the power of generative a.i. that we've seen and we're delivering something absolutely incredible and shark ninja is going to be a huge success story based on this idea. >> again, that move better than 13% this morning. and with the move salesforce is now up more than 40% for the year today well outpacing the s&p 500, which we mentioned has been up 55 times to new highs this year. jim cramer spoke with him last night, and, not only that, i was watching cramer at the top where he gave his ideas about what he sees coming, and he has a really intriguing idea about the idea with this incoming administration, you may see closer ties to china than we had anticipated. part of that he points to elon musk being there and having very close ties to china. if that's the case, jim was saying there's a lot of stocks you should buy in

i spoke with marc benioff about agent force.says it is the most exciting thing he's worked on in his entire career. is that why you are so excited? dan: benioff, not rushmore of tech. it speaks to -- mount rushmore of tech. behind the velvet rope, benioff wants to see his name on the list. he's on the dance floor. software is let in. already on the dance floor from the use case perspective. that is one -- the bears came to ai in the spreadsheet. they hated palantir earlier this year. despises senior citizens at 83. it's the beginning of the software age in ai. salesforce, palantir and others. annmarie: what names will be be talking about next year that were quiet during 2024? it was really about nvidia, tesla. what will be the names of 2025? dan: for large cap tech, up 25%, i think what has not been on the radar will be m&a, software, cybersecurity. with lina khan done at the ftc, it is done for tech. a lot of accelerated m&a when it comes to software and cybersecurity. that will lead the ai cycle. specifically cybersecurity is