how did microsoft minus to a piece regulators there? well, this is, um, again, it comes back to cloud gaming. and one of the reasons that microsoft is very, very, aggressively pursuing cloud gaming is because for in order for cloud gaming to grow as a business on the market, you kind of need a huge amount of capital investment from players like amazon and like microsoft, a smaller companies who don't have necessarily the server infrastructure to deliver this on this potential new market. it's probably not going to happen without amazon or microsoft or end video back in it. so what marks up the said was, let's invest in this market. let us grove these market and in order to do that, we will provide those games to competes in platforms. smaller companies like boost the royd and so on. and we will provide all of oxygen because it's games and all of our own games, like halo and, and photos and flight simulator. and someone will provide those games to smaller compasses on the, on a 10 year. no questions asked basis. and they've offered to pu

a microsoft plant. the $5000000000.00 acquisition of gaming dined, activision lies in the balance after a us judge pumped a deal on hold, pending an anti trust review. the plan take over would crohn's microsoft control over 3 major studios on some of the most popular games in the world, including activation as a 1st person shooter at cold of juicy blizzards. fond as a multiplayer role playing game, world of warcraft. and one of the most popular lowball games conduct crushed by k, the plants have received a mixed response from regulations around the world. so you case competition watched talk, blocked it back in april. while the european union in japan and south korea have all approve this. earlier i spoke with tech analyst, jazz cotton editor at window central. i began by asking what this acquisition would mean for microsoft. for microsoft, i've constantly been talking about this idea of growing x xbox. it's, you know, gaming platform beyond the console. so by type to save the console installed by so so

i'm surprised to see that microsoft has managed to breathe more life into it.'t know that it's going to be all that additive as a shareholder of microsoft everything gpt related, everything generative ai related and open ai related is going to drive the story for microsoft through the end of this year into next year i think losing out on the activision acquisition could have been one of those things that microsoft looked at a decade later and said there was our opportunity. i don't think near-term shareholders will feel much of a difference. >> this still might be dead in the water. in fact, i think expectations were somewhat low that this would get through the biden administration's ftc >> well the biden administration's ftc is trying to make sure they prove they have teeth there were probably a few of these deals that shouldn't have gone through early that did go and this is the one we're sticking with even though it has looser restrictions, looser realistic issues with monopoly so, whether it goes or not, i don't know i think this is a place where she wants

coming up, microsoft ai dominant .about how the silicon valley -- silicon valley giant is going. this is bloomberg. ♪ hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. was also the first time your profits left you speechless. at the counter or on the go, save 20% with the lowest transaction fees and keep more of what you make. start saving today at godaddy.com caroline: tonight with the chief technology officer and really gets to grips with some of the potential risks with widespread artificial intelligence. >> there is certainly a risk that when we have these ai systems that are able to set their own goals, they decide that their goals are not aligned with ours. they do not benefit to having us around and leading to human extinction. that is certainly a risk. ed: watch the circuit. in leaching tonight, 10:00 p.m. tonight, or stream it at 8:00 p.m. eastern on bloomberg originals. much of silicon valley is play

this must be really important for microsoft to push through gaming-wise. >> yeah.nd one of those great nuggets we got was that he thinks this could be a $500 billion revenue company by 2030. that's an ambitious goal yesterday was the closing arguments. we heard the judge really question the ftc side about the evidence they brought in, kind of alleging that people -- if microsoft is allowed to do this transaction, they are going to be incentivized, regardless of anything they saido take call of duty away from playstation platforms and move it over to x box and, therefore, people will abandon playstation and move to x box. it didn't sound like the judge was buying that. this harvard economist said he had all this data and really couldn't back it up. that was a lot of the closing arguments last night, hinged on that data, whether or not it was believable the judge sounded very skeptical. she intimated that last night. we could get a decision as early as next week, but it is not over after that. >> exactly i was going to say it is not just here. it is the uk regulator

else, openai is creeping up everywhere whether microsoft excel, get hub, bing. modernization of that part of it will take a little bit of time. i do not want people to get excited when they report in the next one month. on the cloud side, we expect revenue growth as well as marginal pressure. these things are expensive to run. matt: thanks for joining us. two rap what is certainly the most interesting market driver of the year. we will continue to talk about this, whether you want to call it ai, software or salami. we talk about coinbase versus robinhood in a fight for crypto retail investors, very interesting moves in terms of market share. our stock of the hour is next. this is bloomberg. ♪ somebody would ask her something and she would just walk right past them. she didn't know they were talking to her. i just could not hear. i was hesitant to get the hearing aids because of my short hair. but nobody even sees them. our nearly invisible hearing aids are just one reason we've been the brand leader for over 75 years. when i finally could hear for the first time

pe on microsoft is 35 plus alphabet is only 26 plus isn't this microsoft search versus google cloud ifou think they can grow about the same, why bet against alphabet. >> yeah, exactly you look at what microsoft is doing. go back to the ai thing for a second less about search and adds, which of these two companies have a clear monetization for products microsoft. they laid it out up charge customers for ai co-pilot tools we have ideas about google it will be integrated in search, how that benefits the ad business, we don't know. macro level, what google is seeing with advertising, they slow down but also this note points out competition we have tiktok, we have all these streamers going avad, advertising supported including our own peacock. there's more competition than ever just for youtube, just for those ad dollars mentioned tiktok as well not sure that's a perfect comparison, when it comes to the big tv streamers, youtube is right up there we don't talk about youtube in the same conversation often as netflix and so forth it's up there. just as much viewers as netflix. >> still wonder

if microsoft wins this one, it is not over. still working through the appeals process in the uk whose regulator denied the deal this spring that will take the better part of the summer to play out. frank. >> steve, you mentioned they are having the same battle with the uk regulators. how does what we see in the united states have any impact in the uk >> maybe not the uk argument is saying there would be the console dominance if microsoft resolved to do it they are focusing on cloud gaming instead the idea that netflix gaming where you stream any game in that xbox offers a product for that in the united states, they are going off the cloud gaming as well as the console. >> a lot to watch. steve, thank you >>> let's get a check on the headlines with frances rivera in new york >> good morning, frank we start with the critical point of the missing sub experts believe the oxygen coul run out in two hours the explorers club said they sent a remotely operated vehicle to the search area it could potentially lift the sub to the surveyfa

microsoft shares are on the fence.hey pay a lot of money for the company and staking your future of gaming on the company maybe there is a deal here >> the ceo brought in to testify. >> there is the a.i. play and cloud play as well i think investors are happier with that high margin business than perhaps the experimental gaming in cloud. >> arjun, fascinating. we will leave it there a big day in terms of data we have been breaking the german cpi numbers. actual country level cpi number is coming up shortly we have u.s. gdp and the eurozone inflation print that everyone is watching tomorrow and the lagarde comments in sintra it is interesting for the headline and core over there in terms of european markets, we are mixed. dax at the flat line ftse 100 is tilted under water cac 40 is up .50%. there is one name we are watching and that is renault having a good day today. switching to u.s. futures. this is the picture. we are leaning toward a moderately positive open s&p opening 7 points higher. dow 50 points higher nasdaq

we'll get there together. >>> welcome back we have a news alert on microsoft.eadline like this crosses, steve, we need to get context on it >> here's what is going on the ftc will file an injunction attempting to block the acquisition of activision. that first hearing was not expected until later this summer this is going to accelerate the case i am told microsoft is welcoming this decision because it's going to get it in front of a judge faster we're understanding right now that it's going to be filed in court in northern california and we are waiting for the exact injunction to come in and see the rational behind it this is still in litigation here in the u.s the uk blocked the deal, and the markets over there, and the other major regulatory agency, the european commission already approved the deal and it's the other two out there scott that need to be worked through before the deal can go through. >> steve, which is why i suggested it can't be viewed as a major surprise, obviously, given this administration's tenure and tone towards deal making steve, when y

now show me microsoft. pretty good news right there. we've got microsoft now up $8, 2.4%. a whopping 44% and the company is worth, hold on a second, i'll tell you, the company is worth $2.5 trillion. that's it for "varney" & company "coast to coast" starts now. neil: hell has no fury like a former president. donald trump is still angry, not at a prosecutor or the entire justice departme

microsoft close to 350. apple 186. microsoft 349 and amazon moving up as well, 127 there.t. record high yesterday. another one this morning, in the very early going. it's all about a.i. right? lauren: and their valuation is now $2.5 trillion. yeah, it is all about a.i. microsoft executives predict $10 billion a year in sales from just artificial intelligence. they get that from their investment in chatgpt and open. a.i. and microsoft has been a winner this year record high for the stock right now. stuart: just checking on its actual market value it's $2.598 trillion. lauren: yes. stuart: a chunk of money. day two of trading for the restaurant chain cava. this was a sensation. it soared on its debut. is the momentum still there? lauren: look at that another near 4% gain so this is the sweet green or the chipotle of mediterranean food. it's exciting, because they ipo' d and people are excited about a company ipo'g that doesn't have a profit yet. it feels like the days of dot com and maybe a couple years ago. stuart: but it tells you about the overall state of the market and

microsoft did it.swering your question about the market's response, the market recognized that microsoft's actions induced response in alphabet and who will who had to move quickly and declare a code red, bringing the word they had done and rolling out generative ai tools across search and their other online suite of software tools. alix: do we know where the ai glass -- where the telescope is going to go next? ed: you mean google glass? alix: we have nvidia and other countries announcing -- guy: where is the spotlight going to fall next? ed: go back to what reid hoffman was talking about in the clip, the next big technology company. the question the big tech poses is whether openai becomes that company on its own two feet, or should we think about openai as just a very well-funded subsidiary of microsoft? they have invested $21 billion in the company so far. they ingested it provided all the computer. that is the way i frame it. isn't openai, microsoft, google or someone else? guy: the spotlight is al

microsoft and open a.i.we talk about most the top pick is alphabet why are you so bullish on alphabet they are the third biggest player with 6% market share. >> when we look at alphabet, they own the i.t. stack. everything from the large language models. google has been doing that longer with deep mine. they own that 100% microsoft is a minority owner at 49%. google down to the semiconductor layer and owning the proprietary semiconductor. it helps from the performance standpoint in optimizing the a.i. stack less than 10% market share we think that enterprises use a.i. more of a reason to move to the cloud, it helps the pitch. >> you are bullish on alphabet stefan, thank you very much. >>> ahead on "worldwide exchange," china's latest efforts to grease the tracks on the uneven recovery. is this the broadestulr imus plan for the world economy we have a live report when we return ♪ we worked hard to build up the shop, save for college and our retirement. but we got there, thanks to our advisor and vanguard. now

>>>çó■ó■p microsoft and activeor it'sing off request today "tech■ check. >>> microsoft and ftc are meeting the beginning of aç■ five-day heari that will likely determine thex■ fate of microsoft's $69 billion deal to buy activisiont■ in the u.s. the ftc isÑ■ seeking a preliminy injunction in federal courtq alleging microsofttúlntends to close its deal with q■activision before the july 18th deadline no matter what regulators say and the ftc won a temporary restraining order last weekr blockingç■icrosoft from buying activision untilx■x■ the judge s a ruling it welcomes theÑi■chance to arg its case and the belief from that side is itxd■has a better chance of convincing a federal judge its acquisition is legal than thei■ administrative law judge it would have to3■■■face t they are summer. if microsoft prefails the ftc will likely drop its lawsuit seeking to block their transaction. we're expecting to hear from major players involved in the deal over the nextÑ■ several ñr■ microsoft ceo saty nadella, phil spencer and bobby kotick are on the witness list phil spencer walked into court a ew minute

the chinese presidents aging pain welcomes microsoft co finder bill gates in beijing. their musing follows a number of recent high profile chinese visits from american theos. we ask a quad, are they talking advice? also coming up, high romania is economic boom has left the country in need of a 100000 workers from abroad. this is need of the business on page ferguson. thanks for joining me. microsoft co founder bill gates is in beijing for talks with chinese presidents. she's in pain installation in a string of high profile, but not widely publicized visits from american business leaders. tesla policy law must because they are just days ago, mazing what the country's foreign minister with in our ass off his arrival. other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond. the visits come as the chinese economies toll several signs of

>> we heard from the microsoft president yesterday, he said he is looking forward to presenting microsoft court. this is a federal court, the federal trade commission has to go and ask for the hold. the actual complaint filed by the federal trade commission is in the in-house court. so a slightly different situation for them and microsoft has said they look forward to presenting their case in federal court and see it as an opportunity to defend a deal that they say would be good for competition. caroline: this is a global narrative, right? anna: absolutely. we see competing decisions from the other side of the atlantic and microsoft is positioning itself very strongly. criticizing the u.k. for their decision to block the deal and praising the eu for letting the deal go forward. ed: coming up, we talk with the ceo of publicis on ai and how it can accelerate the economy. this is bloomberg technology. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh possible. avalarahhh - with going, i get really, real

that is the main competitor to microsoft's xbox.epositions show that the company is extremely worried if the microsoft owns the videogame creator that will play into the ftc case. in the opening statements the lead counsel just argued, activision blizzard makes some of the most successful videogame content in history. if combined they will have the ability an incentive to harm competition. this is a big moment for microsoft but also the ftc. you mentioned it kneel they were coming after big tech. yesterday we talked about them suing amazon a win here could give them some momentum. send it back to you. neil: great reporting as usual. kelly o'grady. i don't know what behemoth in the technology industry she will report on tomorrow but also in the eyes of government but also big tech powerhouses will be at the white house for a state dinner right now honoring the head of india. what is interesting about this is just the sheer names involved in this. if you just looked at the ceos of apple and google and microsoft, all of whom will be in

ahora, los expertos recomiendan abrir una cuenta infantil que limita la manera en que microsoft comparteicio línea debe decir que información recolecta del menor y como se usará, e informrmar tatambién como dar o negar el consentimiento >> la visión quque debemos tom este caso es que es importante que los padres estén continuamente monitoreando la actividad de línea de los hijos y que elloss también enciendan n qué consiste en completar un formulario para por ejemplo inscribirse en un servicio para jugar un juego línea y esta información puede ser utilizada, si estás consintiendo que la información sea utilizada >> y eso se le tiene que explicar claramente a los hijos y eso le compete a los padres >> microsoft dice que aunque los padres del consentimiento puedan revocar en cualquier momento >> un detenido golpea brutalmente a una mujer policía en méxico y así lo mueststra puedo o enseñarlee un parar de trucosos. a la culebebrilla no l le imp. bailamosos toda la n noche. a la cululebrilla nono le imp. porque 1 d de cada 3 persononas tendrá á culebril, necesitatas protegererte. no imporort

microsoft is like 40 laps ahead.oft, i mean, it's not even -- it's not even a fair comparison. >> right. >> yes, look, oracle has their act together they're doing well we think the stock grinds higher first time i've had a buy on the stock for five years nothing to takeaway. great job, they're engaged but not where the others are at. my point would be if we're seeing what we're seeing out of oracle in this tide lifts all boat, the boats are way better - >> aren't clients asking you to add some names to at least to this point is a narrow bucket in this school? i wonder are you -- >> absolutely. >> having trouble to find names -- >> no. >> on the list >> no. oracle is a great example. the buy side not there on that one. adobe two weeks ago, everyone thought they were roadkill from a.i., and we did a demo of their firefly product and the stock has jumped in the last two weeks. adobe was off the radar. we think there are other names on the list. no question that we're finding some of these names. i would caution when you

microsoft is up 40% year-to-date. meta is up 120% year-to-date. i mean, our audience wants to know if they haven't gotten into these a.i. names yet, is it too late? >> well, look, microsoft and amd they're the picks and shovels like oracle, cisco, so these are not the high flying ones. i think you could still buy them. you could put a bid below the market, 340, 345 to buy microsoft. but to your point, yes, but remember, for your viewers, new highs tend to make higher highs. new lows tend to make newer lows. i'm in the momentum camp and we'll ride the training as long as we can. maria: bryce, where are you on that, how are you allocating capital right now? >> it's really interesting since bonds actually offer value now. you can barbell your portfolio, you can go into a short duration, conservative bond investment and know you're getting 5 plus percent, maybe even 6 in bonds which to me frees up to take more risk in tech and other growth areas of the stock market that you really didn't have that option a year ago. so i like that, having some money w

the ftc filed for a temporary restraining order for the microsoft-activision deal. let's start with microsoft like you were talking about. ftc dialifiling the injunction o block the purchase of activision the ftc says based on media reports, microsoft could move forward and close the transaction before the lawsuit against the deal which was filed last year, can work through the courts microsoft's date to close the deal is over a month away. if the judge approves the injunction request, it stops the deal before it can play out. the first hearing is not happening until august it puts the ftc in a precarious situation. if the judge rejects the question, microsoft has a slam dunk argument and will likely pr prevail. that is why brad smith is sounding positive in the action yesterday saying we believe accelerating the legal process in the u.s. will bring more choice and competition in the market microsoft in middle of the appeal of the competition market authority in the uk. the court rejected that deal let's say overseas for a bit because google is facing anti-trust com

>> we talked about it last time microsoft, no, i don't think you should ever really sell microsoft. know what your time horizon is but i wouldn't be selling microsoft. stuart: okay i've got another very small chunk of blackstone. it's a very small chunk. todd: it's the word chunk. stuart: thin sliver of black blackstone and i've done very well with it. >> with large cap quality stock s whether it's microsoft or blackstone, blackstone might be more cyclical than microsoft you don't need to sell those. it depends where your funds are. if you've got cash, you don't need to get rid of those. i would keep those , get your dividends, own your quality, but if you have a source of funds to go buy higher volatility stuff, then you have your cash. you don't need to sell those. stuart: okay, so for the second half of the year, your recommendation from a young guy to an old guy is get into the stuff that's not moved up yet, because it's going to move up sometime down the road. >> absolutely. stuart: small cap stocks. >> i like small cap. they are really beaten down. small cap banks especially t

meta back again, alphabet up, microsoft of $3, amazon is up again.n we focus on apples because yesterday it was closing in on the trillion dollar evaluation. it should record high backing off a little this morning. >> record hi, we're just below it if it was 18379. the evaluation is now 2.9 trillion, that's unbelievable. why is this happening? what did apple debut last week? the augmented reality headset, the next device and self but today unfortunately ubs downgraded publishers to neutral, they see demand for iphones softening, they raise their prices look at the same time, they still have the conviction, they raise it to 190 so if we get there potentially it's a new record high. nothing. stuart: that's nothing. let's get to microsoft and activism, acquisition in the works for a long time but the fcc ftc stepping in to stop it. what are they doing? >> federal trade commission says microsoft living dollar blizzard is illegal, they applied for temporary restraining order so the federal stop it. that's a big deal. this is ftc, they fear microsoft would

the ftc said the move would give microsoft unfair access to a part of the gaming industry, but microsofthe markets before you go hearing asia. stocks injapan have opened lower this morning. they are taking their cue from wall street, which also closed broadly down on tuesday. that�*s all we have view on this edition of asia business report. i am monica miller, thanks for watching. this is the moment a light aircraft crashes into the sea at porthcawl. incredibly, moments later, the pilot seems to be on his feet and walking away. it was caught on camera by a volunteer with the rnli, who was out walking his dog. i see him stumbling out sol who was out walking his dog. i see him stumbling out so i did turn round and point back, just one casualty. that was it really. so i went down and sat him down and two other guys came alongside and were just looking at his injuries. he is very lucky, i think he is more distressed about being in this plain. distressed about being in this lain. ~ ., . . ~' distressed about being in this lain, ~ ., . . ~' , plain. modric kendrick lives close by and _ plain.

jim, two things about microsoft. to the revenue line for microsoft? and second, i spoke to you about a year and a half ago and i asked you if you put microsoft in the same category as apple, own it don't trade it. and your answer was yes. when you look at the cramer pantheon of stocks, what happened to microsoft? >> well, microsoft is doing incredibly well. it's just very big here's what i'll say about microsoft, by the way. they are the number one place that people feel most comfortable working with chat. why? they put the big investment in but mostly because they put it through almost all of their different brands and that works very well some people only put it through some brands. microsoft has been very smart and co-pilot is apparently an amazing, amazing pilot i've got to learn. i'm going to be a co-pilot let's go to nathan in texas. nathan >> caller: hello mr. cramer >> yeah. nathan >> caller: what do you think of carvana? >> okay. there's two carvanas there's carvana the company which i think is incredibly ov

. >>> plus, microsoft versus the ftc or the other way around continues today, satya nadella, microsoft'seo and activision's ceo will testify in court as the ftc tries to block that merger >>> as recession risks linger, president biden is looking to claim credit for the post-pandemic economic recovery in a so-called major economic speech that will be later today >>> let's begin, though, with nvidia and other chip makers falling in the premarket according to "the journal" today, the biden administration is considering new restrictions on exports of a.i. chips to china. the commerce department would put the curbs into effect as soon as early july, and this comes amid concerns that china could use those chips for weapons development, hacking, and this budding story about a black market for the chips where they can't get them legitimately, but players are willing to pay a lot more to get them on the secondhand market. >> the street, trying to run the numbers in terms of potential impact on nvidia, varying, saying 10 to 15% of revenue might fall under this category details, not determined. we

you own microsoft? >> i did we got a lot of tail wind from ai >> do you think?so what i'm looking at is that is where i make the rotations. microsoft is probably still number four in our portfolio but we move away from it a little bit big tech, you start looking out, it will get bigger you look at cybersecurity, microsoft is offering cybersecurity and you wonder who else's lunch will they eat i think that we'll see tech get bigger and bigger and sort of get the stranglehold of different sectors. >> a comsdobe, the ai debate continues to drive it. >> and thankful for the rules i own it joe t because i don't know if i would have butte it myself personally at the end of april. is this one of the names that will be one of the winners in ai and also capex and just the coc contribution of capex. and capex has been missing from the market but capex will be resilient and permanent in ai and technology at a company like adobe. >> crowdstrike target 180, they don't mention ai at least in the first two sentences i have, but no doubt it is probably somewhere in the note. yo

chip exports to china. >>> plus, microsoft versus

microsoft as well. amazon, the size of them all, certainly the case with microsoft and alphabet as well in terms of their profit engine it's just staggering and apple leads there. and so, yeah, 30 times $100 billion, there you go 3 tril that will get you there. whether or not it has more to go, you heard carl mention citi at $240 price target we'll see. but there is a belief that there is still growth to come of significant growth >> speaking of large cap tech getting bigger, first half story goes to nvidia, which passed a trillion dollars and is the best-performing stock year-to-date it's up 185%, and now well over a trillion dollars in market cap as the a.i. story has -- you don't hear apple being talked about as much on the a.i. story. they put out the vr/ar headset and some people see that as an incremental driver towards services revenue, but nvidia takes the cake, followed by meta this year, up 140% year-to-date. unbelievable gains guess what number three? carnival corporation >> that, i wouldn't

meta, microsoft, google, and we just talked about amazon >> microsoft, to me they are the winner in a.i. wherever a.i. goes -- >> you have no problem with the 33 times forward multiple they have >> i am not completely comfortable with it, but in this environment i am comfortable with it, and my point is they will grow quicker into the earnings multiple and support it than other stocks, so 33 is high meta, the multiple, no, i don't think meta is particularly high on a relative basis, so i am not looking to sell that i think what apple did last week, which was launch their goggles sort of gives weupbld to the sails of meta -- >> you bought it several times >> yeah, amazon, i bought it at 119, 120 look, i think -- keep in mind my position most of my positioning is in treasuries so i don't have that much market exposure, and it's not news to anybody that amazon sells at such a high multiple and that's not news that will br break. >> and we have had people on the show taking profits in nvidia, and it has had a ridiculous run, almost up 200% year to date. the p.e. on it was cheaper after than

a microsoft plant. the $5000000000.00 acquisition of gaming dined, activision lies in the balance after a us judge pumped a deal on hold, pending an anti trust review. the plan take over would crohn's microsoft control over 3 major studios on some of the most popular games in the world, including activation as a 1st person shooter at cole, of juicy blizzards, fond as a multiplayer role playing game, world of warcraft. and one of the most popular lowball games conduct crushed by k. now the plants have received a mixed response from regulations around the world. so u. k is competition watched talk blocked it back in april. while the european union to pon insights career have approved this earlier i spoke with.

w, the chinese president, seizing pain welcomes microsoft co finder bill gates in beijing. they're missing follows a number of recent high profile chinese visits from american theos. we ask, what are they talking advice? also coming up hi, romania is economic boom has left the country in need of a 100000 workers from abroad. this is the date of the business. i'm kate ferguson. thanks for joining me. a microsoft co signed or bill gates is in beijing for talks with chinese presidents. she's in pain. it's the latest in a string of high profile, but not widely publicized visits from american business leaders. tesla policy law must close their just days ago, meeting with the countries foreign minister with in our ass off his arrival. other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond. the visits come as the chinese economies toes surface signs of slowing growth and tensions with the united states remain high. so what's behind this flurry of meetings to discuss? bass, i'm joined now by tyna. i'm list fraser, highly

a microsoft co signed or bill gates is in beijing for talks with chinese presidents. she's in pain. it's the latest in a string of high profile, but not widely publicized visits from american business leaders. tesla boston must close their just days ago, meeting with the countries foreign minister within our ass, off his arrival. other big name visits over the past few months, have included apple boss at him cook on safety. morgan c o, jamie diamond. the visits come as the chinese economies, toes, several signs of slowing growth on tensions with the united states remain high. so what's behind this? a flurry of meetings to discuss tasks. i'm joined now by tyna. i'm list fraser highway, fraser. it's good to see, you know, so gates has got a really warm welcome in phasing c colt. i'm an old friend. how would you interpret this? well, of course, i would hate to be called an old friend by. she didn't think i have to say if the communist party calls you a friend or an old friend. and i always think that's a bit of a car stronger than a blessing. so, but bill gates is, you know, for, for d

as you said apple and microsoft have all this free cash.cash cowz, 5% is energy. that is where we are taking risk it's underperformed this year. they rebalance quarterly if something were to occur within energy, that yield didn't move up and it moves on. >> do you like health care still? >> i hope so my careen last year is i felt we were late cycle. going through late cycle consumer staples and utilities were expensive i thought of the three health care tends to do one of the best and so i wanted to own that exposure it's underperformed but absolutely i think that is this will have the second best. there are so many companies in the etf. >> liz, energy is on the list. >> sure is i will respond to bryn's last comment about health care. i know that's not on the list for tickers but it was my final trade last time i was on "halftime" for the same reasons. it's been a laggard. you want some allocation to something that's defensive and it's difficult to talk yourself into staples and utilities health care is a good option > i do like energy last

the plan take over would grind to microsoft control over 3 major studios on some of the most popular games in the world, including activation as a 1st person shooter at cole, of juicy blizzards, fond as a multiplayer role, playing game, world of warcraft. and one of the most popular mobile games conduct crushed by k, the plants have received a mixed response from regulations around the world. so u. k is competition watched talk blocked it back in april. while the european union to pon insights career have approved this earlier i spoke with tech analyst just.

microsoft also interesting. the big news story.soft and openai are going to help investor services build a tool for moody customers. the stock is up 0.2%. it is an example that the ai headline hike is not moving the needle when it comes to markets. i want to highlight the content coming from bloomberg originals. on tonight's episode of "the circuit," emily chang meets with haley bieber who talks about founding her skin care company, celebrity beauty brands and social media backlash. haley: i felt like when i announced the brand they were people who were like, here is another one. i get that. i understand. i'm coming from the point of view were i am like, trust me. i know. but this is my approach and it is different to other people. ed: to watch more of that interview, watch "the circuit" tonight at 10:00 p.m. on bloomberg television. we will stream it on bloomberg originals. let's get back to "bloomberg technology." one of the fears behind fully embracing artificial intelligence is the spread of misinformation and misinformation. i

ashley: you just tell me about microsoft. on track for a record close. if it finishes above 34311, which it is well above now, it will be the first record close since november 19, 2024. the analysts raising protect giant's price target to 360. microsoft up 2% this morning. kroger falling on a miss on quarterly sales predictions. the company did report a proper for the quarter and approved its digital sales but not enough for analysts or investors. ali baba president j michael evans says the company will attempt to expand its business ventures in europe. he calls on the top priority for the e-commerce giant ali baba. stuart: another one for you, i'm seeing another business shutting down in downtown san francisco. which one is it now? ashley: not only major retailers, cinemark closing its theater announcing it is decided not to renew its lease. the theater located in westfield san francisco center whose owner, westfield says he will have the property back to the bank due to the, quote, challenging operational conditions in down

and many of them became senior-level executives at microsoft.applause] it's clear that doug has been influenced and surrounded by strong women his entire life. which brings me to my next topic. [laughter] me. after becoming first lady, i made the decision to go public about my battle with the disease of addiction. today i stand before you as a person celebrating over 21 years in long-term recovery. [cheers and applause] i chose to stop living with the shame and stigma of the disease of addiction which had affected my life since high school. i made a choice to become a face and voice of recovery. doug has been a magnificent supporter and partner on this journey. i'm grateful that our work together on recovery reinvented has touched many lives in every community in our state and around the world. but there is still so much work to do. over 30 million families in our country experience the disease of addiction, and many know the tragedy and heartbreak of the incomprehensible 110,000 u.s. overdose deaths in 2022. fentanyl is still pouring into our c

the federal trade commission says between 2015 and 2020, microsoft collected data from children underm without their parents's permission. a spokesperson for microsoft told the news agency afp that xbox was committed with complying with the order and would develop a new identity and age validation process. let's quickly show you how the neck a is doing injapan, it is down slightly. of course it was closing at the highest level in 33 years. that is it for the show. thank you so much for watching. bbc news, bringing you different stories from across the uk. newcastle konsa's city stadium power, the lawns have been liberated, the lawns —— wild flowers left free. so beneficial _ flowers left free. so beneficial to - flowers left free. sr beneficial to pollinating insects, bees and butterflies that we all love to see in our gardens full stop and look at those grasses and flowers down, we reduce their food source, so leave them there, let them go. is no mo may comes to an end, the team here hope the fest provider for pollinators will benefit the users of the park too. it is part of an overa

stuart: i see another turn in microsoft's attempt. can you keep this short?or the ftc now. at judge granted their request to temporarily block the $69 billion takeover of the call of duty maker so microsoft said to close the deal despite opposition come this friday. that's not going to happen now. what's next? a hearing next week. stuart: are not sure microsoft investors want the company to spend 69 billion on electronic games. >> you need the games to make people sign up for multiple devices to stream the games. i actually agree with you, i'm just presenting the other side. stuart: show me tesla because it's gone straight up. down today but they are raising prices. >> the third price increase for model license april. small increase to $50 so the car will start at $47740 for the $7500 federal tax credit but the increase suggest price cuts might be over and demand remains strong but they had been higher 13 straight days. stuart: we said shah was on, i believe shall and another company raising dividends. >> the bigger story is relatively new ceo saying where th