michael saylor, i got to say strategy. i keep saying microstrategy's michael saylor weighing in on the company's latest bitcoin moves. how it's impacting the price of crypto and the rest of that crypto and the rest of that trade don't go anywhere. that's at ameriprise financial we know our clients are so much more than clients. they're conquerors and champions, and what matters most to them matters most to us. it's no wonder we have a 4.9 out of five client satisfaction rating. ameriprise financial. (grunting) at morgan stanley, old school hard work meets bold new thinking. ( ♪♪ ) partnering to unlock new ideas, to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley. ♪♪ [inner monologue] this is going to sound crazy. but i know these attack vectors. oh, had a little upgrade have we? ♪♪ okay, so that's how you want to play. ♪♪ at ameriprise financial we know our cl

michael saylor became the first c.e.o.the first publicly traded company to transfer his entire balance sheet from cash into bit coin. historic. that's incredible. that's risk. he is the largest single holder of bit coin in the world, owning $478,000, 740 bit coin, now worth $48 billion. michael just didn't talk about bit coin, he bet on it, he built on it and led the way for corporations, investors, and people like me and you to invest and remain sovereign. he remains one of the largest voice in technological history and understands bit coin is a revolution america has to dominate. please join me in welcoming one of the most dominant and fearless minds in our future, the leader of digital freedom and a trail blazer, michael saylor. [applause] michael: thanks for the intro. i'm really excited to address this group today because i think bit coin represents the most powerful technology force for conservatives in the world. i don't know that's fully appreciated but satoshi many years ago had this vision for sound money and sov

ceo ryan cohen posting a photo to x over the weekend with michael saylor, chairman of microstrategy,branded as just strategy. no additional context given in the ex post strategy shares also finishing the day higher. so is a picture worth a thousand words or a few percentage points? well. >> i mean, what saylor is probably doing is trying to get them to convert part of their balance sheet, right, to do that. and you tell me, is it going to start to trade at a multiple relative to the crypto that they own on their balance sheet? i mean, that's been the microstrategy sort of thing. so you keep selling, you know, shares or debt in which to buy it. i just don't think that's going to end particularly well for someone who doesn't have, like, a michael saylor and that sort of commitment to it. the last thing i'll just say on this is like, look at roku, look at a firm, look at carvana. there's a lot of meme stocks like picking up their heads again here. so again, it just seems like like a squeezy sort of market right now. >> yeah. >> we've we've heard of multiple. >> different strategies at g

michael saylor became the first c.e.o.first publicly traded company to transfer his entire balance sheet from cash into bit coin. historic. that's incredible. that's risk. he is the largest single holder of bit coin in the world, owning $478,000, 740 bit coin, now worth $48 billion. michael just didn't talk about bit coin, he bet on it, he built on it and led the way for corporations, investors, and people like me and you to invest and remain sovereign. he remains one of the largest voice in technological history and understands bit coin is a revolution america has to dominate. please join me in welcoming one of the most dominant and fearless minds in our future, the leader of digital freedom and a trail blazer, michael saylor. [applause] michael: thanks for the intro. i'm really excited to address this group today because i think bit coin represents the most powerful technology force for conservatives in the world. i don't know that's fully appreciated but satoshi many years ago had this vision for sound money and soverei

the rumble account part of trump being the first social media president, the stock is down 2.5% michael saylorr the weekend it's called strategy, that the biggest corporate holder of bitcoin and they do not know what the to discuss, the market based on the gains for gamestop is assuming they had to talk about the bitcoin. david: thank you very much, still had donald trump explaining his reasoning as china's retaliatory tariffs are scheduled to go into effect today. >> wheel $36 trillion, that's because we let the nations take it vantage of us. i'm not going to do that were let that happen. >> more from the pre-super bowl interview coming up and expanding the immigration crackdown more active-duty soldiers going to the southern border as migrant encounters in texas are plummeting plus another ice leak, remember the one last week large-scale immigration reportedly will happen soon in los angeles how are these folks getting the plans ahead of time will be talking to arizona sheriff mark daniels coming up next. ♪ ♪ chocolate fundraiser. with the chase mobile app, things move a little more smoothly

. >> x with michael. >> saylor. >> co-founder of. >> microstrategy. >> one of. >> the. >> biggest holderstcoin. >> two of the. >> sources tell cnbc that saylor, though, is not. >> involved in gamestop's. >> discussion. >> about crypto. investments at this time. >> gamestop soared as much as. >> 20% in extended. >> trading following that report. >> it's not at that point. >> now, but it's still up. almost 10%. >> find it all sort of tiresome. >> what is a treasury investment or what's it got to? i don't. know how. >> well the whole idea that one of the, the bull thesis, as you know, for bitcoin is that corporate america is going to start putting it on the balance sheet. i don't know if that's exactly what. >> they're talking. >> i mean like microstrategy or something. >> i don't. >> want microsoft to do it. >> you know, all. >> the big. >> i've seen that. >> but i thought. >> in. >> the strategy. >> of what is. >> gamestop now? >> it's got to we've always wondered how they transition from bricks and mortar to everything that you. get online for. >> gaming now. >> yeah, i'm not sure that sa

. >> with michael saylor. >> yeah.r. >> yeah. >> i mean. >> you know. >> this is now kind of the one of the follow on bull cases for bitcoin is that it's going. to become. >> a routine thing that a lot more. >> companies are going to start allocating. >> their. >> treasury cash to bitcoin. bill miller the. >> fourth was on. >> closing bell yesterday talking about this. now when it. >> comes to gamestop i mean i. >> guess no retail. >> trading meme stock frenzy. >> phase is complete unless. >> gamestop somehow. >> gets involved. >> and raises its hand and. >> says we're going to. >> do something, there's like 4.5 billion. >> in cash on gamestop balance sheet. not really much debt. presumably there's leases. >> on the 4000. stores they still have. >> the business. is has. got declining. >> sales and is being run kind of break even right now. so essentially if you did something with that. >> few billion dollars in cash, i don't know, it's an $11.8. >> billion market cap right now. >> so what are you going to pay. >> for a

gamestop ceo ryan cohen posting a picture of himself with michael saylor. that's it. that's enough to get gme up 8%, but it's still only a $26 stock. oh, and microstrategy did announce that plan to drop micro from its name and become brian. just strategy. speaking of strategy, let's hear from the president shortly who will impose 25% tariffs on all steel and aluminum imports, including those coming from canada and mexico. the new tariffs would be on top of existing metals duties, and shares of u.s. aluminum and steel makers are surging today. cleveland-cliffs is up 18%. other names like nucor, alcoa and u.s. steel all posting solid gains as well. canada big supplier of aluminum, more than 80% of it into the us market. joining us now to discuss what impact these tariffs might have on his province and country is the premier of ontario doug ford. premier ford it's good to see you again. welcome. >> well it's great to be. >> on. >> again kelly i appreciate you. and brian having me on today. >> and it's been on again off again for tariffs. but it sounds like now steel tari

like michael saylor says 250,000 or 1 million. we have a now an administration where rebecca started that is going to regulate. it is going to it's not going to be an enforcement strategy. it's a regulatory strategy. >> growth strategy. >> with the growth strategy, banks are going to start getting into a corporate balance. sheets are going to start getting into a central bank is going to start to own it. 21 million maximum mined. i think you can it can be volatile. be careful. but the upward momentum is there. >> all right. we're going to take a quick break. coming up a place your bets. casino and sports betting stocks hitting the jackpot today. what's fueling that trade. should you keep rolling the dice on these names. plus shares of roku surging the results that had investors streaming in and how the stock stacks up against the competition. don't go anywhere fast will be back in two. >> naacp. >> it's not if the markets will turn, it's when at howard capital. >> management, our proprietary. family of funds, actively navigates co

comes after ryan cohen, the ceo of the video game retailer, posted a photo earlier this week with michael saylore chairman of microstrategy, which is the largest corporate holder of bitcoin, one of the first to do this crypto investing strategy. although two people did tell cnbc that saylor was not involved in this decision. gamestop has tried to expand in the past into digital assets with crypto wallets at one point, but it shut that down in 2023, citing regulatory uncertainty. gamestop has had a volatile few years since it was front and center of the wall street bets and meme trading mania. the stock was up as much as 20%. it's up closer to 9% now. back over to you. >> all right, kate, thank you. kate rooney. >> it seems. >> that for anybody who saw that picture on twitter, you would have known that this was going to be the next step and that the stock would pop at least this much on that news. >> and didn't we just i think we had a conversation about it. and i think one of the reasons you get in this fate is because people that are taking advantage of this, but i don't well, i don't see any c

basing that theory on a photo of gamestop ceo ryan cohen, as well as the ceo of microstrategy, michael saylorver this. weekend from ryan. >> cohen's account. >> microstrategy is the largest corporate holder of bitcoin, and gamestop has previously did offer crypto wallets, but they removed them back in 2023 over regulatory uncertainty. so the two of those guys together maybe signal something about crypto. maybe not. >> but that's why. >> shares are high. switching gears, a controversial hims and hers commercial from sunday's big game is generating buzz. shares jumping about 5% of hims. the ad, though, criticized the $160 million weight loss industry and claimed that competitors were priced for profits, not patients. two senators, expressing concern that the ad may have misled patients. however, you can see shares still climbing. scott. >> all right. christina. thanks. christina. partsinevelos still ahead on semi getting slammed in today's session. we'll tell you what's behind the drop. plus what to watch for when lattice semi reports in ot. we're back on the bell right after this break. >> sec

meanwhile, one of bitcoin's most prominent backers, michael saylor, is speaking now at the saudi backed. fii summit in miami. saylor telling the audience there, quote, you don't want anything almost anywhere other than dollars and bitcoin, and. >> that smart money. >> is running from risk now. his company strategy, formerly called microstrategy, is the largest corporate holder of bitcoin. in its latest quarterly. >> update. >> it reported that it's nearly halfway to its ambitious capital raising goal 21 billion in equity, 21 billion in fixed income entirely for bitcoin purchases. now we are. closely monitoring this event and we'll bring you any updates as they come in. >> all right mackenzie appreciate that. thank you. mackenzie sigalos. well, from stalling out to breaking out, we're tracking shares of supermicro and hims and hers today. seema is here. seema mody is with the details on supermicro brandon gomes standing by with more on him and her. simon, we'll start with you. >> well, scott, this rally in supermicro continues following that business update that we got last week when its

. >> michael michael saylor tells. >> his story. >> when you hear him tell his story. >> you will put money into bitcoin. >> he's very effective. >> at what he tells. you know. >> what you know? >> you know what you don't know. >> he knows bitcoin. >> he knows the yield and he knows how to tell the story better. >> you're all in. >> i am fortunately. >> well fortunately. >> just think about this i my. >> average price is 62,000 on a bitcoin equivalent. so everyone's had a tremendous run trading underneath 100,000 ethereum trading underneath 3000. so you catch it a little little bit of sell. the profit. >> all right. now to an earnings alert on qualcomm shares falling into the red even after the chipmaker beat on the top and bottom lines. earnings coming in at 341 a share and revenues of $11.67 billion. the company seeing growth in all three of its major end markets handsets, automotive and the internet of things guidance for the current quarter also topping street estimates. jon fortt just spoke exclusively with qualcomm ceo cristiano amon. he joins us now with more from that intervie

of course, as you well know, your friend michael saylor also, by the way, been down here evangelizingof his quotes that gained a great deal of attention. but i want to come back to an interview i did yesterday with sarah frier, the cfo of openai, at the center of a lot of the discussion here, as you might imagine, around ai, as so many other companies are as well. and that certainly has been one of the key themes that has to be at every conference you go to, certainly one in which, you know, the piff was involved, given how much of the money from that fund has gone to various various efforts around that. i thought, interestingly, yesterday in talking about openai. yes, it's a private company, but it's one that we talk about a great deal, $300 billion post-money value. once that softbank money does come in, of course, exactly where that's going as they transition from a not for profit to a for profit. but the not for profit obviously holds the majority stake in terms of the assets. remember elon musk has bid 97 billion for that. he's been rejected. so many different things to deal with

the summit are executives from a wide range of industries, including cryptocurrency supporter michael saylor google ceo eric schmidt and saudi ambassador to the us reema bandar al-saud. now the summit is put on by the future investment initiative. it's an organization run by the saudi arabian sovereign wealth fund, which is called the public investment fund. and it all comes, as you say, as investors are going to be watching. for more details on trump's newest tariff threat tuesday, when he said he would impose tariffs on autos and other key industries. here's what he said. >> it will be in the neighborhood of 25%. >> doctors and pharmaceuticals. >> it'll be 25% and higher, and it will go very substantially higher over the course of a year. but we want to give them time to come in because, as you know, when they come into the united states and they have their plant or factory here, there is no tariff. so we want to give them a little bit of a chance. >> but you see the president there signaling the possibility of a delay. he says we want to give them time to come in. so clearly some negotiat

saylor's world, many millions of dollars. >> yeah. >> i mean, look, i think michael is always very bullishat he's been more right than wrong. clearly. and so i am actually very bullish. and i think that bitcoin could be in $1 million plus a bitcoin over the course of the next decade or so. >> okay. longer time horizon david, we hope to have you back a lot more a lot sooner than a decade from now. talk to you soon. >> thank you. >> thanks for having me. >> coming right back after this. >> in a world of. >> uncertainty and disruption, how will your investments stay resilient? we've been navigating change for 125 years, always looking forward, anticipating risks, and trusted to manage over $1 trillion in assets worldwide. solving for the needs of investors today and tomorrow. that's the power of nuveen. >> i wonder if this golf cart has hands. >> free driving. >> no. >> it didn't. >> but my sketches. >> slip into a completely. >> hands free. >> i just step in. >> and they're on. >> with 19 hotel brands at ihg hotels and resorts, you can guest how you guest unplug for the day or plunge into a