i thought mgm -- bet mgm, the online, they don't consolidate that but it was a good number. regional was good. las vegas, really, really good. china awful. what i like about mgm, small exposure to china relative to the winds. >> guy, you own it? >> no, but mgm is a las vegas story. contessa kills it on the vegas front. for any firms that have fx problems hire sarah eisen. she gets it. the numbers in las vegas are staggering and it will get better. despite the fact, joe, answering your next question that i think the market is going lower, i think you continue to own mgm. >> really. i wonder why all the online stuff is streaming. we got streaming, streaming, streaming. online, you will make money in the online stuff, guy? i think you will but -- >> joe, listen, i watched your show. since you asked me, i watch your show religiously from 6:00 to 9:00. if you don't mention gambling once, you mention it 100 times. you are hooked, you and your cincinnati reds in the play off hunt. i know what you are doing. >> i want to -- i took the rays against the blue jays and i can't remember.

just for it, bet mgm is focused on the north american market so u.s.rts are king and albeit my accent gives it away, football is american football and not soccer. cheryl: i have to be very careful because i'll hear it on twitter i call it had soccer and not futball, which is what it's supposed to be called overseas. what kind of wagers do you get? how do people most normally bet on the platform? >> well, the majority of bet types are around what we call the six peck. you've got two teams and three primary bet types: money line, total and spread. we see the majority of our wages around those bet types. more interestingly or equally interestingly from our perspective is that w we are seeing an increased interest in parlay product and when you mix a few bet -- individual bets together to increase your odds, reduce the likelihood of all of those things happening but expand your potential winnings dramatically, and that has -- is showing to be both fans showing us they're interested in that product and it's of course good for business, good for trading marg

i would be more comfortable with an mgm here's a more positive take. 85% revenue exposure here in thees. leveraged to china some, but not totally dependent on it. they're far better off in the online gaming betting area and grabbing share there they're cutting costs, talking about profitability in 2023. i worry a little bit about that chart as well, but if it was a would you rather, i would go with mgm. >> i was going to ask if there's anything you liked in this market you've given us a hint with the mgm pick jeff mills with our trade. contessa brewer will be tracking those results. >>> still head, nvidia, take two, gaming revenue slowing down significantly from pandemic era levels but microsoft is still betting billions, $68 billion to be exact, on one of gaming's big players activision blizzard. should it, though? at nt? . >>> welcome back to "the exchange." video gaming stocks some of the biggest beneficiaries of the pandemic, but now take two is warning that a slowdown in spending will hurt the industry. nvidia slashed its revenue guidance yesterday in light of this, the biggest t

mgm resorts got a bump in revenue after it topped estimates.e in at $3.6 billion against an average estimate of $3 billion. it was driven by revenue based -- and regional operations. there was a big miss in macau amid covid lockdowns. plenty more to come. this is bloomberg. ♪ this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity app. vonnie: this is "bloomberg daybreak: asia." fed officials are planning to continue -- fight against inflation, even at the risk of recession. jim bullard favors frontloading with big rate hikes. his minneapolis counterparts say they are committed to lowering prices and a recession could happen. mary daly saying rates will remain high for up to a year. opec-plus will raise production, 100,000 barrels a day in one of the smallest hikes in their history. a blow for president biden after visiting saudi arabia looking to

. >> it's so interesting and don't forget they also bought mgm and many would say they paid too mucht or more than they should have for it, but it's so interesting lacking at all of these different species and nhow they could integrate with the alexa go pro and how you could put the cameras on a roomba to map the home or whatever it may be, but also this idea that they want to really own everything about how you do things inside your home, whether it's, you know, giving commands to your alexa or cleaning your rug and so so much potential there. i agree. sonos. think about the ability to integrate with alexa there. >> it's been combative towards amazon and google. they are not exactly friends i wonder if that would happen. i don't know if he would like this. >> at the right price. so many of these have fallen so much. >> right now, on the other side of the coin, amazon facing increasing regulatory pressure, afusing the ftc of harassing top executives, including jeff bezos and andy jassy in a filing out late last night arg august the agency has, quote, in legitimate reason for their te

she heard the mgm grand hotel. you can see her in the background. she met with nevada state legislators. she will have a similar meeting at the bay area. she will meet with a group of california lawmakers to discuss reproductive rights. on friday she will go to oakland. one of them will support the students. you may recall in june she was here for two fundraisers. >>> the search continues for kiely rodni. she disappeared from a party over the weekend. investigators shared this new picture, you can see her sweater. it was loaned to her that the day before she disappeared. they do not know if you was wearing it. they believe it is still in her possession. she was seen friday night outside of truckee. they continued to search the area which includes dives teams. >> this is every parents nightmare. >> she said thank you mom, i love you. that is the last that i heard from her. >> you saw a picture of her crv. it is still missing. her cell phone is out of service. investigators are asking people at nearby to check their surveillance cameras. >>> a long ti

exposure to macao, las vegas sands and mgm as well.s come as china implements several fresh lockdown measures as part of its ongoing zero covid strategy. macao doesn't appear to be impacted for the time being, but the region still has seen several lockdowns throughout the pandemic that have effectively shuttered the casino business over there, especially for foreign tourists and contessa, that may be the reason why you're seeing some outsized losses, especially in names like melco and that's something to keep an eye on. >> you know,the issue with macao is there is simply no clarity. there is no certainty about when china emerges from these strict covid lockdowns. that pursuit of zero covid infection policy is just crimping these casinos like you can't believe. and what has happened is, dom, tyler, you have companies that depended for las vegas sands, 65% of their profits came from macao prepandemic. for wynn it was 75%. they're now turning to rely on for sands, singapore, for wynn it's really las vegas, and the boom there to support th

tonight she is in las vegas speaking at the united steelworkers union conference at the mgm grand.ill have a similar meeting in the bay area. she will be in oakland for two events, one involving -- and a second supporting students. >>> a long time bay area journalist has died. leslie griffith spent more than two decades at ktvu. when she left the station two decades later, she had become one of the nation's most respected journalists. she died today at her home in mexico. leslie griffith was 66 years old. >>> we are back in 60 seconds with more on this strange and deadly explosion that happened in the middle of a neighborhood. what we are learning tonight. >>> and how unusual is it? a second shark attack this summer at the same beach. what happened near this moderate bay aquarium and what shark experts have to say about >>> what happened and why? tonight an investigation is underway after a house exploded in evansville, indiana. that blast caught on camera. three people were killed and 39 other homes were damaged. the local utility company arrived on scene and the company spokesper

. >> the project is a mgm remake of the thomas crown affair. instead of being set in new york or in boston, it will be filmed primarily on location in san francisco. the stars, lady gaga and michael jordan. the project is one of four big budget films that qualified for the california tax credit program and the only one filming in seven cisco. joining us this evening was the new executive director of the san francisco film commission. nice to have you on the program. this is big. >> yes it is so exciting. >> talk about the impact that it will have on san francisco. we mentioned a high dollar value so how do you equate that? how do you take the dollars and apply it? >> it is exciting for the bay area and san francisco. getting the state tax credit is huge for continuing tax production to shoot in this area actually shoot here. we are seeing over 400 jobs that were a result of this project being shot in san francisco and over thousands of talent and background extras that will also get employed so this is really important for the bay area in san f

. >> mike, should you place your bets here, caesars , mgm, or even bitcoin? for the gaming names, i would go for an older one as the numbers there are more compelling. as he was just pointing out this is the circumstance, 9% short interest is not off the charts. that can create a squeeze situation with a slightly better than expected number. that can come back up once the situation is corrected and you can see it going lower. >> already time for the final trade. tim? >> i am fired up for disney, we priced and bad news in terms of the dtc business, i like to risk and reward. >> steve? >> same theme, what i'm watching next week, capri holdings, goodbye. >> mike? >> rivian reporting next week but i would rather own ford. >> rally in gold, gdx catches up next week. >> that does it for us on "fast money." "options action" is next ♪ ♪ my finances were all over the place. and my banking relationship was getting...well, complicated. hahaha! so, i broke up with messy accounts and moved my money to sofi. now i earn higher interest on my checking and savings, and bank,

it is clear leader on i-gaming side with 29% market share we continue to watch how mgm performs, upaft kings announces tomorrow they have been exorbitant in past quarters. will it be reined in somewhat. penn and caesars highlight the technology on their platform it is super important that the platforms are easy to use and say they don't crash during the super bowl then we saw focus on payments, the ease of deposits and withdrawals. that's one way tech has been really important here, seema, for the sports betting operators. >> yeah, those are important names to watch, especially as we try to understand the health of the consumer you have retail, casinos, travel, very different stories depending on which ceo you are talking to in each respective sector contessa, good to see you. thank you for joining us contessa brewer >>> the dow is currently down about 57 points. that will do it for us on "squawk on the street. "techcheck" starts right now ♪ >>> good thursday morning. welcome to "tech check." i'm carl quintanilla with jon fortt today. we are up 30 plus, market up currently 18 that m

out-of-state casinos like mgm bedding, and other major reality games. other big batting organizations that are national and remember this is already going on in 34 states. if california becomes the big state for proposition 27 it would literally tower over all other states combined. by the way, the 26 is out this nice lifesaver and says we're going to provide about $500 million to the state. more money. the 26 people say less control, and there you have the tug between the two. >> so, prop 26, supporters say could not only benefit casinos but benefit california. >> it would keep the money in california. not necessarily more money to the state, but it would definitely keep the money in the state for the 60 some tribes right now that are involved with various gambling propositions on their property. this is a tough one because on the one hand, you see more money coming to the state coffers, but less control for the tribes. on the other hand, you have more control for the tribes, less money coming into the state .here's the kicker, janel. only one of these

she also toured the mgm grand and met with nevada lawmakers about reproductive rights in the wake of the supreme court overturning roe v. wade. harris is scheduled to hold a similar meeting today with state lawmakers. tomorrow in oakland an event for the commercial space she'll also attend an event for images to perhaps jog someone's memory and help locate missing 16-year-old toni guinyard kiely rodni. she disappeared from an outdoor party at the campground outside truckee. one of the new images shows the sweatshirt they believe she was wearing. deputies say someone lent it to her the day before she disappeared. her car is a silver honda crv is also missing. they say her cell phone has been out of service since that party. there's a $50,000 reward for information leading to her safe return. >>> the u.s. is surpassing 10,000 cases of monkeypox n. san francisco clinics including the one at sf general are in the process of distributing hundreds more vaccines daily. one bay area company is touting its blood testing method to limit the spread. traditional monkeypox testing involves swabbi

i have found evidence that nancy davis a young actress on mgm lot had been trying to make their paths long before that. but when she opens the door to her apartment that night there is simply no way either could have begunay to imagine the future that lay ahead for them. he was an actor whose career was starting to scrape bottom. his first wife to his shock and dismay got bored and walked out her star was on the rise and really was carrying a torch for jane wyman. the scars of his own childhood and he was quite literally a broken man as he stood there are two crutches on nancy davis' doorstep. hid diebold was broken and a half a dozen places in a charity baseball game and spent the last couple of months and traction. in would say if nancy davis did not come along when she did i would have lost my soul. but not ready to settle down or open his heart but because of her incredible radar she senses she will have to wait him out and at one point her mother tells her that to nancy and she liked her better than jane wyman. i can see i you are in love with him but he is not in love with you y

and you can also catch him at the jonas brothers residency at the park mgm in las vegas next month.o good! >> nick: thanks! all right, okay! [cheers and applause] >> kelly: that is not i mean... are >> nick: wow. >> kelly: i think they like you. of fans here. that does not happen, nick. i hope you feel really good about yourself. >> nick: thank you all for that great welcome. >> kelly: thank you for being here. how are things? you look fantastic. >> nick: thank you, it's good to be here. i feel like i am here once a month and it's really nice. >> kelly: i was going through, gifting people vinyl, i am like i have given him like five vinyl. what did i not give them less time? i hope it's okay. >> nick: all great gifts, i hope it was a new one. i think it was. you deserve some congrats as well. you are daddy now! [cheers and applause] it's so exciting! it's the first time you have been on here since you have been a daddy. >> nick: it's pretty wild, yes, there she is a little heart face. and she is the best. it has been a magical season of our life, and also pretty wild, but it is amazi

mgm resorts had a net revenue that topped estimates at the casino operator came in at $3.6 billion againstaverage estimate of 3 billion. the gain was given by -- driven by revenue in las vegas there was a big mess in macau amid those covid lockdowns. >> let's get another look at the u.s. futures after what was another volatile session. really investors trying to price and further rate hikes where is that pivot? s&p futures looking for a flat as the stocks managed to snap that today the client. futures looking flat as well. nasdaq 100 futures off by a quarter of 1%. about 70% through earnings season here. these things have come and not fantastically but better than what parts of the markets had been expecting. look at what we have been training when it comes to the fx front. a little bit of risk aversion coming into play there. the key we seeing a little bit of a modern gain in the early part of the session and dollar yen holding pretty steady at 133. we will watch more as millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on t

conversations with netflix head scott stuber and former paramount pictures executive emma watts it closed the mgmn and saw two executives depart for warner bros. discovery i'm sure a lot of talk around the watercooler as who lands where. >> it is an historical time to be content creator if you produced a couple of mildly successful shows, you might just get $100 million deals. bertha, we have to talk. let's talk after the show. we're smart. we can come up with something. we can figure it out >> put our thinking caps on. >> yeah. exactly. maybe our money caps on. bertha, see you in a few minutes. interesting story coming up. >>> right now, let's talk oil. as you know, there have been some relief at the gas pump the last few months. oil prices above pre-pandemic levels and have come down since spring demand for gas is still remaining high with millions of americans potentially hitting the road and going back to the office three or four or five days a week, it could pop more that with american production not rising quickly and america now exporting oil which could be the recipe for higher prices let

back on wall street, earnings showing no signs of slowing down, including cvs health, under armour, mgmbut on top of those reports, it's been all about the fed, with a number of regional feds growing more hawkish by the day seemingly, and the latest, a fed member says the bank has much further go on raising those interest rates quote, it's got to be a sustained several months of evidence that inflation has first peaked we haven't even seen that yet, and that it let's moving down. mester's comments coming on the've mary daly, take a listen. >> are you almost done >> nowhere near as done. we've gotten off to a good start. let's remember the last numbers on inflation, 9.1%, those are far too high most importantly, go any grocery store. i went to do shopping for a lot of different things over the weekend, and people are still struggling with the high prices they're paying and the rises prices you know, the number of people who can't afford this week what they paid for with ease six months ago just means our work is far from done. >> okay. so how high will rates need to go according to st. l

companies to go on an acquisition spree and the fourth largest for amazon behind purchases of whole foods, mgm, and medical provider one medical. beyond meat stock, sizzling as some of the message boards are talking about a short squeeze that hammed -- well, happening right now before our eyes. look at this gain, 19% higher for the plant based meat maker. last month short interest on this stock meaning people betting against it hit a new high as analysts anticipating a bearish earning report. new constructs warned that the stock could go down to zero. we're not at zero now but at $37.49. yesterday the company did cut its revenue guidance and said inflation made it pricier to buy the plant based meat. and actually they want to see it become more affordable for consumers so they're working on that. speaking of inflation and higher prices, americans looking to spend the remaining -- i know. what happened to june and july? we're already in august. there are a few remaining days of summer by the beach. if you're going, it's going to cost you a pretty penny and inflation rages across the country, se

burnett went on to run mgm. which he is doing today. i think he is laughing all the way to the bank. >> is in a crate when somebody close to do yourself -- isn't it great when somebody quotes you to yourself? eyes that in the words of one ex-wife, have a photoshop twinkle. would allow in the words of one ex-wife -- what i love is the words of one ex-wife. 1. may be the other one does not agree? let us talk about the thomas jefferson wine. the first story in the collection. in some ways it is sillier, rich people messing up which i kind of like and it also stars and features a coke brother, bill. he does not -- >> he is not a political coke. >> you have them living in a 35 1000 square-foot anglo caribbean style house in palm beach which you visited. he had to excavate his passion >> they were expanding. >> he had so much crap in the basement including wine. he likes to buy things. he says i bought so much art, so many guns, if someone is out to cheat me, i want him to pay for it. also, he said, relaxing a bit, it is a fun detective story

i have found evidence that nancy davis, young actress newly arrived on the mgm lot had been trying to make their paths crossed long before that but certainly when she opens the door of her apartment that night there is simply no way that either she or ronald reagan could have begun to imagine the future that lay ahead for the two of them. he was an actor whose career was really starting to scrape bottom. his first wife, to his shock and dismay had essentially gotten bored with him and walked out, her star was on the rise and he really in some ways was still carrying the torch for jane wyman. he did have the scars of his own childhood and he was quite literally a broken man as he stood there on two crutches, and nancy davis's doorstep. 's fire bone had been broken and a half dozen places in a charity baseball game and he had spent the last couple months in traction and was later - if nancy davis hadn't come along when she did i would have lost my soul, but he's not somebody who is ready to settle down or even to open his heart and i think because of her incredible radar she senses she'

we are waiting for results from booking holdings at mgm. both good reads on the health of the consume

maybe near-term you've had news from mgm talking about customer acquisition costs coming down, profitabilityor them, so that is a good thing but i think you can wait on this one. >> i think win is interesting here. if you really want the simple way to play it, i think disney with espn which finally seems to get a lifeline with sports gambling, to me, the non-risky way to play it is with a dis. >> julie, was there and elephant at your wedding, as well? >> no elephant, i promise. >> gambling stocks? >> i think it is hard to say. there is a lot of normalization where these stocks really benefited from people staying at home and not being able to go out and lose money hand over fist. crypto has been the favorite place to do that now, but i think longer-term, the outlook is still a little bit murky, so es are pretty hands-off on the. >>> of next, final trades. or whatever this is. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. we believe that your investments should work harder for the future you imagine. and that's wher

the half hour show will be called ring video's and will be produced by mgm studios which which is alsoazon. > >> the show will be hosted by cn by comedian wanda sykes and premiere september 26. that's a look at the money watch headlines. > >> let's get a look at the forecast. a lot of kids heading back to school. how is it looki? it looking? >> it is not the worst forecast as we wake up and headed into the afternoon. that's when we wl see the change. > >> let's start off with the air quality index. if you are sensitive and have sensitive allergies, keep in mind that we have a lot of smoke burning from burning from the fires in the northern portions of the state and pushing into the bay and impacting air quality. we will keep an eye on that. the sun han we are dealing with above average conditions not only today but into the week's forec. week's forecast. notice how no matter where we are at in the bay along the coastline, we are sitting above average. as we extend into the next couple of days also. the coast is spirit due to onshore flow which keeps it cooler with th th to rnintens the

the stock on the rise today also based in massachusetts, wynn resorts, pen and mgm will all have sportsting businesses and we'll keep an eye on them, as well and then, of course, wynn has a big focus in macao. las vegas sands we were talking about they're bouncing off of their session lows and shaking off. when i say weak it is a massive overstatement or understatement. the numbers came in for macao for july they have 1.6% of 2019 gaming revenues quote, we didn't think the market could get any worse we were wrong. it's been really troubling >> yeah. >> all right so what we know now is that the united states has this massive appetite for gambling and the consumers in las vegas are still going there spending gas prices and food prices have not discouraged them at all and they keep setting and we got june gaming revenue numbers and the las vegas strip set another monthly record months in a row, and it's been 16 months where every month they were seeing a new record set for what was earned on this trip. >> how about those casinos, the big ones you reported from one, i think it was a -- god,

. -- videos and produced by mgm which is also b. by msn. the show will be hosted by comedian wanda sykes and pres and premiers in september. that's a look at the money watc. > >> let's get a look at the floor floor cast. it's going to be wam out today. >> kids will need to make sure y are hydrating properly. this is the reminder right now, pack an extra water bottle as they heado school. it's going to be a scorcher for some, especially the east inland hills. for our friends in the benenson land north bay, nothing too extreme. starting with the beautiful sunrise to kickoff the week. i want to mention the air quality still not the best. smoke in the the upper level pushing into the into the bay area. for the most part, we are sitting in a green section mostly in the south bay. rio vista fairfield, moderate section. for our friends who are are sensitive to these, to allergies and prone to that, be very cautious as we wake up and head out the door. to add to th, the heat is picking on. i wanted wanted to mention this so you are prepared. tomorr

. ♪ ♪ ♪ ♪ ♪ ♪ >>> i hope you will join me in overtime tonight, we have bookings holdings earnings, mgmrket call today we will go through that in a few hours. adam parker with me, chris toomey with me as well marcie mcgregor. let's do final trades, carrie, you're first. >> fordif, f-t-v they deal with high precision instruments for health care, industrial and technology companies. >> okay. thank you. mr. -- where is mr. wonderful? what happened to him did he leave early kevin, did you leave >> no, i'm still here. i'm still here. >> they didn't have you in the shot i thought you left i thought you had a lunch or something. what's your final trade? >> i'm using apps, you get exposure to the 50 biggest names, swiss franks, euros and british pounds the companies sell most of their products in the u.s. so they have a good wind behind their back with the crushing of those european currencies, that's my idea. >> degus >> cadence design systems, this is a behind the scenes software maker of engineering to use to design chips it has positive earnings revisions and also a 34% return on investor c

she toured mgm grand to meet with nevada lawmakers about productive rights in the wake of the supreme court overturning roe v. wade. harris is set to host a similar meeting today with state lawmakers. tomorrow we'll be in oakland for two events, one growing the fast growing commercial space industry which involves space travel and she'll also attend an events tore students. >>> developing in palo alto palo alto, police are investigating a rape on the stanford campus reported two days ago. this is a live look from campus this morning. that's where one student says she was grabbed in a parking lot, dragged into a bathroom and then sexually assaulted. the victim also says she's seen that attacker on campus before. all of this happened around 5:00 in the evening tuesday near wilbur hall. the campus was still relatively quiet ahead of the fall term. we did talk with one grad student who was pretty rattled by this report. >> it was pretty alarming. it was crazy because it's during broad daylight. there was even more sun than there is right now. >> stanford police say investigators are still

from the ftc and doj about m&a activity in big tech, they're going through with acquisitions, closed mgm just fine and they just announced a couple other acquisitions so, look, it could still happen, and big tech is still moving forward. and, again, gaming is such a small part of amazon overall, and so they can also make that argument, like, you know, this is not a -- this is more of an add-on, the same kind of argument microsoft's going to make as well. >> that's why i think it's important for us to try to focus investors on where the opportunity is in gaming, giving these shifting dynamics. we were talking a couple weeks ago about unity ion source app loving, trying to interrupt that candle lit dinner breakup, that engagement, and get this but theoretically, it's about combining tools for creating rich 3d environments, many of which are going to be gaming environments with the data to insert ads or increase discoverability. where are the opportunities, do you think, stock-wise, perhaps things that are already public, where investors should look and think, well maybe this is something t

we can glean a lot about wynn's second quarter from its competitors' reports for instance, sands and mgmcau is under immense pressure from covid restrictions the street expects wynn mcau kau to show adjusted loss of $7 million. consensus is almost $250 million in adjusted ebitda from its las vegas and boston properties. this is a switch to see them out earning macau. set new records in their vegas results. it was driven especially by the upper echelon of customers and, of course, that is wynn's core base now, we know that june set a new record for air travel into las vegas. what will not be reflected in wynn's second quarter results after the bell, the impact of international travel really resuming to las vegas in july and the closures, complete closures of the casinos in macau for nearly two weeks we may get more details about that on the earnings call. the ceo told me last month he's positive on macau, not if but when it experiences the rebound trajectory that las vegas has seen and so we may get some sense of just as the restrictions start lessening, what's happening in macau. frank?

at this point, i am not always focused on your only mgm is colonel prosecution.iminal investigation, to find out what happend of things. how you feel about the ig overlooking this right now? >> heads need to roll, let's be clear. even if people are not charged crimes, individuals have been fired or resigned for far less than this. it was 2012, the head of the general service administration, gsa, resigned, because they use government funds to hire a clown, literally. this is far more nefarious unbearable. >> miles is afraid of clowns -- >> i am thoughtful. >> let's not make it about miles. the part about glands, they make me happy, but i am a little frightened of them to. needless to say, you can lose your job for that, you ought to lose your job or overseeing the possible destruction of evidence. >> i have a key into something that elaine said something earlier, again, because if on your personal device, you sent official communication, then that official communication should be preserved. >> does that mean? >> for years and years and years, the emails, where wer

he mentioned marriott starbucks mgm, caesar. our trips coming up this week? to be howard. i am urging you right now. come on and tell us about how things have improved. presuming they have improved. i to think that one of these i always thought was amazing was starbucks hired in buffalo someone who is in an organized. >> i would have checked that is in a close fit it is a bad resume to hire. union organizer. i once helped a union organize and i was the worst hire imaginable. >> what did you do wrong? >> i tried to break a company that went out of business. it was not great. we all lost our jobs. >> that didn't work out. i want to turn into apple because this four-part offering bond sale to fund buybacks and dividends is interesting because of their size but also because they have a reputation for timing the market right. >> i do believe they are making a book big move into finance. i still think will tim cook told me they are punting on the info. i think if they got the contract, that would be unbelievable. finance coming on into maybe have the nfl. in the me

mgm. have a different take on that. well, look, have a different take on that. want to make sure i give this perspective. we don't know yet what this is going to do, by giving so many millions of people $10,000. there are people out there saying, look, why give somebody who obtained a master of business administration degree for example, and is making over $125,000 and not getting that 10,000, why don't you just, i'm sorry, right up until 125,000, for example. why wouldn't you get a family of four, you know, someone whose major breadwinner has been to a community college, for example. why would you give them just 10,000? example. why would you give them just10,000? so example. why would you give them just 10,000? so the debate is going to be raging. don't be remiss if i didn't mention that there are some progressive democrats who will argue that for giving this debt could help the democrats and joe biden in the midterms, because this has been crushing debt for millions in american but i think there are still reason to think that the plan carries some real politi

on the gaming side we're a little ahead of them, roughly in line and a little bit behind bet mgm. great plan in place for the back half of the year, and we're certainly looking to gain share. stuart: i see that massachusetts has legalized sports bet betting just in time percent football season, i believe. i think you're headquartered in boston, so i take it yourself -- you're excited about the massachusetts development? >> i am. i don't think we'll have it in time for football. this is still rulemaking and regulatory process that has to occur can, but i am very excited. this is really, obviously, massachusetts is a great state for sports. there's a lot of really passionate sports fans here, so we think it'll be a great market. but you're absolutely right, being our headquarters, you know, it's personal, and it's really, i think, for all of our almost 1400 employees here, it was a special moment to see that get over the line, and we're hopeful the governor will sign it shortly. stuart: now, premier league soccer begins again today in britain. i don't know whether i can bet on socce

but we're still seeing the consumer spend q we can see that at mgm.ing. they're willing to spend on experiences and on thing but the advertisers seem to have pulled back a little bit and corporations also we see in our business where they're hiring, you know, hiring has pulled back a little bit and that happened pretty quickly, and we think ahead of any reduction benefit is over. >> i'm going to ask more about advertising in a bit but i want to return to this question about the consumer and how the impact of inflation and so much macro economic uncertainty is playing out are you seeing it play out in terms of anji and how people are thinking about investing in this homes? is that a different kind of category with the pull back in housing market? >> that one is really hard to tell there was so much spend on people's homes a year ago today. it was a peak there. people spending time in their homes. the spend on the homes was enormous so that has come back. it's not clear that that's come back because people have less money to spend it seems hike like tha

look, the inflation reduction act benefits tesla, mgm more than the other automakers.n the stock is up 2.5%. stuart: signify health possibly to be bought by cvs, signify health up 15. lauren: yep. cvs is looking to expand in the in-home health services category according to "the wall street journal," so that's why they would want signify health. amazon went in and bought one medical, so they're looking for someone to expand that part of the services. m&a monday especially in health care, because pfizer is spending north of $5 million on a blood maker. now you have markets coming up and companies saying, okay, let's make some deals. stuart: find me a target, let me buy into the target and see the price go up. if only you could predict who the target is going to be. caravan that. i know the stock is up 110% just in a quarter. lauren: yep. stuart: but i've been reading that jpmorgan, they're offering a warning, and yet the stock is up this morning. lauren: the fact that it's up another 1%, he were up 40% on friday. they say they're expensive compared to some of their peer

mgm the russian side expects that the visit will take place before the end of august.eeting via video link from novoagarev with permanent members of the russian security council, discussed issues of military security, delivered a report defense minister sergei shoigu dear colleagues. good afternoon we are with you today on the agenda. issues of ensuring security in the literal sense of the word in the military sector reporter of the minister of defense of the russian federation sergei shoigu let's start working. well, earlier, sergei shoigu congratulated the pilots and veterans on the day of the russian air force this year is a big date 110 years since the formation of military aviation in our country, the most modern aircraft systems are now in service with the russian army, and at the controls combat vehicles of the crew capable of performing tasks of any complexity, the head of the ministry of defense spoke about the invaluable contribution of the air force to the defense of the air borders of russia, we are rightfully proud of the exploits of navigator pilots and a