we asked for more details and microsoft wouldn't specify which campaign. the trump team has not provided more details. in its report, microsoft says it has been tracking attempts at election interference by several bad actors, multiple potential foreign entities. and the white house just a few minutes ago got back to me and would not confirm any of this to me, but they did go on record saying they take any

microsoft would not say whether it was the trump campaign or not.mp himself said that microsoft told him one of their campaign websites was hacked. so linsey, still a lot of questions. >> linsey: maryalice parks, thanks so much.

microsoft, their cloud infrastructure is a significant chunk of databricks revenue and microsoft said -- they are a competitor now and databricks has spent a lot of energy cut -- toughening that stance. caroline: again and again there is a fighting among what is the cheapest offering. but will price, intuit when you have microsoft as the juggernaut which is so easy to integrate with? brody: what is funny is that most they that i.t. purchasers do not fully spend on price. they want functionality but at the end of the day, the easiest thing to ding your competitor on is luck how expensive they are. it is not surprising that every company involved is saying this. ed: check out that deep dive in that feature on bloomberg.com. wednesday, completed and in the bag. caroline: how could that be done? so much to digest, we brace for cisco and says it all. ed: for august news flow things going well. do not forget to recap on the podcast. you know where to find it on the bloomberg terminal, apple, spotify and iheart. this is bloomberg technology. ♪ scarlett: welcome to bloomberg markets. inflatio

voters with fake news so -- fake news according to microsoft. "i iranian operatives have ramped up their attempts to influence and monitor the u.s. presidential election by creating fake news outlets targeting liberal and conservative voters and by trying to hack an unnamed presidential campaign according to microsoft. one of the phony new sites allegedly created by i iranian operatives called former president donald trump an opioid-pilled elephant in the

you have aws, microsoft, google. and then you have the ai data centers which are very complex, require a high degree of customization, power efficiency even more important, and that has been a great tailwind for business. just look at nvidia now, a very complex chip and platform based on arm, using their most advanced gpu to drive the most complex data centers. so for us, we broadly view this expenditure as a tailwind for the business. >> you mentioned grace blackwell. that takes me to one of our audience questions. when i singular coming on the show i got quite a number of submissions for you and one is straightforward. does arm planned to design its own accelerator to compete against some of the partners that you are without in the place? >> no product dimensions today, we are just here to talk about the past quarter and around. ed: no product announcement would indicate from a sort of academic or r&d standpoint that you at least think about it. >> to think about a lot of things. avid technology, as broad as it is,

it's a i this toby, a microsoft set up in office and in china called microsoft research asia. this was a gesture from bill gates back in the 1990 because he wanted to guarantee stronger market access to china. this laboratory has gone on to train the who's, who lists the superstars of the trainings, artificial intelligence world. many of the key people in this laboratory have gone on to found companies such as make the sense time or either either found them or they've taken on very senior roles. and then that was like the thing to base or off the, the more to try to use things are not all a and that's a lot of great people. great researchers start off longer is actually come from microsoft research as those tenants i've not become you and kind of the very, very big influence or is opinion leaders and very like in temper new york in china, microsoft helped build china's take late. this in turn, has been used by the chinese government to create a gigantic surveillance stage that operates with the help of a i live in china and basie. i shouldn't have found the most recent tv came

>> what microsoft if does brilliantly, and credit satya nadella, he came in and said microsoft has alwaysthe pc, now we're going to be the guts of the cloud k and that's why you own microsoft. it's not because of bing. stuart: next case, chip maker qualcomm. they're down 4%. lauren: china. qualcomm says they will take a revenue hit from the u.s. revoking certain export licenses to china. if qualcomm makes a ton of chips but mostly for smartphone ifs. that a part of their business up 12 in the quarter. they're forecasting even better numbers for this quarter because of 56789i. phone upgrades, but it's the trade curves that are hurting stocks. stuart: then we have arm, chip designer. can disappointing report and they're down 8%? lauren: this completely -- i didn't knowing anything that that i'm about to tell you. as you know, they design chips. but they make money from their royalties. so it's great that they're designing all of these chips in, like, every device, but they have to wait for a customer to shipp the end product for the royalties to come in, and that could take four years. [lau

, why use microsoft, why give the order to microsoft?ive it to marc. he will solve the problems. and that was major. it was the first time i heard, your gross margins are going to go up if you hire us. people say, salesforce's so expensive. >> speaking of gross margz at salesforce, of course, i can remember when the big battle was -- >> did you see 200 bips? >> between the activists and marc, and he micommitted to gro margins and they're going up. >> he had two things to say. one is that he satisfied everything the activists wanted and more. and he feels great about that, and the numbers did accelerate from the previous quarter. but the second is that the -- he can, for a hospital, for instance, for a hotel instance, bookings instance, for what i would regard -- for textbooks but lots of other companies, what he's done is say, listen, we now have it. like he's looking for walgreens to get -- walgreens is a little challenged, financially, but walgreens, cvs -- >> we talked about walgreens yesterday. >> you have to understand that the use

microsoft to fix its computer systems.nadella emailed bostion and received no response. also alleges that delta is just using outdated i.t. skystems an the extended outage could be because of other vendors. plus, microsoft pointed out that united and american airlines, they were able to get up and running days before delta could. these were very similar arguments that we heard from crowdstrike's attorneys over the weekend in response to delta's allegations. and delta, by the way, yesterday, did not address what most of microsoft and crowd strike have said. instead, yesterday, a spokesperson told us that the airline does spend billions each year on its oit operations. and guys, this is not over yet likely not the legal threat for cl cloudstrike or delta, but it is the most prominent, guys. >> and is the expectation that crowd strike and maybe microsoft will have to fight these things out, you know, one by one, customer by customer, or is it going to be some kind of more global approach to settling all of this? >> potentiall

eso, según el gigante tecnológico microsoft que publicó un reporte.lotar la división política en estados unidos para sembrar caos como adversario de los estados unidos, que era ya crear dificultades dentro del sistema político para debilitar a su adversario, para aumentar su polarización y para entender un poco lo que está haciendo. los 2 candidatos, según microsoft, grupos en ese país están creando páginas en línea de noticias falsas y haciéndose pasar por activistas, entre otras cosas. con el fin de influenciar a votantes estadounidenses en estados decisivos. el reporte de microsoft va más allá de irán y menciona además como los gobiernos de china y rusia también se están aprovechando de la polarización en estados unidos durante pleno año político. según el informe actores iraníes atacaron por medio de un correo electrónico a un alto mando de una campaña presidencial que no identificó usando una táctica conocida como phishing. una vez que yo entro a una cuenta de un de una persona importante, reconocida sobre todo en la campaña política, entro a tod

ed: it was interesting in microsoft's case. we reported in various regulatory bodies have disclosed they were examining the relationship between microsoft and openai. openai would be more complicated if you also have microsoft's peers, apple, included in that. i don't know how antitrust regulators would look at that. the point is, openai is probably the world's leader -- leading. it will always draw attention. we wait and see how this round goes and what is the net result of its already complicated corporate structure, or operating structure is and go from there. sonali: at the end of the day what does this mean for other companies out there that are not openai, that aren't getting the same type of corporate interest? ed: apple is not a developer of large language models. it has some r&d training its own models. but it looks to third parties. apple intelligence is built on other foundation models from the likes of openai. that's a well reported story by mark gurman. it's interest is different and so common. the cloud providers

microsoft almost entire strategy is reliant on openai.know openai is important to the products of today. it is also possible like in the case of apple that even more critical to expand into their ecosystems. not only do they have a vested interest, they want some skin in the game. they want to be at the table. to do that you have to put in $100 million-plus. ed: it is not straightforward. $100 million is a drop in the ocean for nvidia but my understanding is they want to know what is going on. not suggesting they get a board seat at the table but at least they would know what is going on, broadly speaking. it is completely different to apple. the apple side of this to me is the bigger bit. what is your understanding of apple's motivations to be on the cap table of openai? mark: apple wanted a board observer seat. they literally wanted to be at the table. they one of same access microsoft had despite a lot less money invested. for various reasons, openai pulled out of that board observer situation with both microsoft and apple last month i

with microsoft and microsoft offering openai services through its cloud business as well.hink one of the leaders -- while we talk about nvidia as the picks and shovels, what's the next wave that's going to benefit from a.i.? i think many people are looking at the so-called application player. openai, how it feeds into that given its partnership with microsoft. why would it want to go public? i think the huge demand for a.i. timing is going to be key for openai, if it goes public, indeed. timing will be key. what is the state of the market? are people still excited about a.i.? has the thesis of a.i. changed? all of those will come into play. it's seen as one of the front-runners, and one of the most exciting players when it comes to the data side of artificial intelligence. >> indeed, a.i. has proven there's a lot of interest in that stock. a funding round doesn't necessarily suggest it will go public. but maybe it's something that the board is considering. maybe it's something that they'll have to shift around. maybe it's something that the market can invest in the future.

stuart: talk to me about microsoft.om a high of 470, something like that that. that's a dip. you buying it? >> that dip i am buying, stuart, and i like it a lot. we've talked about, you and ray are is have already talked about this morning that $100 tobillion valuation for openai. microsoft's got a big chunk in that, and they're invested heavily in that. that technology the as a well as all the other execution things they continue to do well are going to propel them forward. i like microsoft on every dip. stuart: okay. go for this one, micron. also in dip mode, or they have been. they're up today. did you buy any or are you going to buy any? >> am buying micron today, stuart. they are, they are the really in bigtime dip mode. and i think from a technical, on the chart perspective, we're right down near where they are going to bounce again. i like their cycles, i like where they are, i'm buying. stuart: he's buying microsoft and micron but not nvidia today. all right, d.r., we'll talk to you later. he presses the button,

twitter and the microsoft attack that we have to focus on resilience.the health care industry. when we all face covid it did not matter whether you are going to get covid or not the question was how quickly could you recover. you almost have to plan for the fact it is not just if but when you get attacked and you will probably get ransomware attack and how quickly can you recover. resilience. it should not take us days to recover from that crowdstrike fallout and that should be ours. ed: that environment must be good for your business. how is cohesity doing if the need for defenses is on the up? sanjay: since you asked me i will break it out on your program. we had a record year. we closed at 549 million dollars in revenue, growing at 26%. and we turned free cash which is the first time for any of our company. profitable growth and we announced our attent to acquire -- intent to acquire veritas which would make us the biggest -- the biggest in our space. we are focused on serving our customers. caroline: are you going to go public anytime soon? sanjay:

microsoft talks about russian disinformation efforts. a group we track, they are active.s well as the chinese. >> and olivia, we know that national -- the director of national intelligence has made clear it is russia, it is also china, trying to have some influence here. what are they seeing in terms of preferred candidates? if iran is trying to hurt donald trump, who are the others trying to help or hurt? >> there's definitely an interesting dynamic this time around. as much as the focus today is on iran, intelligence officials have actually said that russia continues to pose the preeminent threat in 2024. they are active, aggressive, rhee reaching for tools that boost the sophistication of the campaigns they're launching. the case in iran intelligence officials aren't explicit about whose campaign they're intervene to undermine or boost but said their preferences haven't changed which in 2016 and 2020 we know that at president putin's direction there was a broad campaign led by russian actors in order to denigrate the democratic candidates and sudden mr. trump. what mak

it looks good on days like this and afraid to buy microsoft because it was too high.ay is your day. if you've been seeing cash, this is an excellent opportunity and breakup of central bank raising rates last year and all the currency traders and hedge funds all over the world borrowing again no fundamental kick which i think changes in the last three weeks to cause this selloff. stuart: so, a rebound at some point in the near future. >> i believe so. it could i deally happening quickly and typically the way down is much quicker and either the stairs or the escalators up. that's because when the volatility spikes and market goes down and measure of correlation and market starts selling off, people start panicking and the market rallies and i don't know anybody that panics except for short sellers. jacqui: true. >> it's a lot more orderly on the way up than down. it takes time to come back and i think what we saw today is a short lived. may be some more washout, but need a large financial institution or something structural to break to get this emergency rate cut, many

at the end of the day, microsoft and nvidia kind of like jumping one or two he largest corporationse more more than microsoft always had that opportunity as almost double the size of google unfortunately microsoft search product bing is terrible the default on ever computer people switch it almost immediately at the end of the day consumers vote with feet on you windous, from is judge looking to help a corporation and not looking to help consumers? have that is because if we switch off the current antitrust law the goal of the biden administration, of ftc, department of justice, then, becomes a antitrust big business it is whatever we think it is. and we've seen it with the recent attack on nvidia we've seen with it attack on, no care for consumers all about breaking up big business and i reminds business the government can knock you down at any time. cheryl: 20 seconds, are you worried about the government going after ai? >> absolutely. we are already seeing attacks against nvidia against chatgpt, against basically any developer of ai, because they are saying they are a monopoly we

following last month's massive global outage, microsoft has pushed back against delta airlines claimompensation. last week, delta's ceo had attributed microsoft and crowdstrike to have caused the cancellation of thousands of flights and was therefore seeking damages. but on 6th august, microsoft — through a lawyer — stated that it was delta's older it infrastructure that slowed down its recovery from the blackout. lets take a look at the markets. london stocks inched higher. this boosted by financial stocks and corporate earnings. markets stabilised after a global stocks rout earlier this week. the acquires up over 8% and interesting —— the niakhate is up over_ interesting —— the niakhate is up over 8% — interesting —— the niakhate is up over 8% and it's one of the reasons that spurned the initialjump in stock, — that spurned the initialjump in stock, the _ that spurned the initialjump in stock, the biggestjump we have seen for decades. stay stock, the biggest “ump we have seen for decades. . , stock, the biggest “ump we have seen for decades-— for decades. stay with us on bbc news.

stuart: look at microsoft. intel?ng the shareholders of concealing the problems that led up to the bad quarterly report card and while the stock is up 2.2% now it's down over 60% this year, down double-digits this week, so some relief, despite the lawsuit. stuart: how many yetis do you have in your house? lauren: so many. we had to stop buying them because we don't have enough cabinet space for them. stuart: have you seen the stock up 12%? lauren: people are buying the really expensive coolers and cooler bags those are two hundred to $300, sales are up 30%. stuart: how many do you have? lauren: my husband has two and he's not allowed to buy more. revenue up 15% in the quarter and they raised their revenue outlook for the year. stuart: the lead story for this block, i can't believe it. lauren: that was number three story. stuart: passengers filed a class action lawsuit against delta after last months global outage caused thousands of flight cancellations. lydia hu is with us. what's their response? reporter: so far not

microsoft declined to comment to cnbc.ticking with a.i., california's legislature approving a bill creating sweeping new restrictions on the red hot tech. the legislation which now heads to governor gavin newsom's desk is seen as potentially setting the standard for any potential federal regulations around a.i. elon musk is backing the proposal, while a number of tech companies and venture capital firms are opposed to it, contessa. >> we'll be keeping a close eye on that. >> we will. >> thank you, silvana. >>> back to the broader markets, let's see how europe is shaping up as trading gets under way. dan murphy is in the newsroom. dan, good to see you? >> first of all, we have european equities pushing higher through the course the session today, initially put ago side some of the concerns concerning the pullback we saw with nvidia stock. when you take a look at the board, italy's ftse move, up 0.8%. stocks rising by 0.3. and in france, around 0.7, and german dax, climbing by 6%. we're seeing green on screen across the regi

. >> new this morning, a warning from microsoft about foreign interference theorems in us elections. once again, why they say iran is do, is trying to influence the presidential race. and remember the 2013 movie her where walking phoenix falls in love with his ai voice assistant, where there are now fears, real life could imitate art could humans get emotionally entangled with artificial intelligence? the icc. so i'm sara sidner with kate bolduan and john berman, off today. this is cnn do central this is one of the mornings with the headlines are doing all the talking, everything seems different now, the map has shifted in favor of democrats for the month almond and donald trump is playing defense this morning the race for the white house is a far cry from the picture painted of presidential battle. >> just three weeks ago. and now a new moment that could shift the race. once again, i harris trump debate is officially on the books. something that donald trump spoke about at the press conference that the harris campaign is calling a public meltdown yesterday the other side has to agre

if microsoft is willing to pay it $20 billion instead now. google is not allowed to pay apple $20 billion anymore, and microsoft is, maybe the difference between them in quality is not $20 billion worth. and so at least in some places where google has these agreements, probably not with respect to apple, but maybe, let's say with respect to the firefox browser, maybe microsoft will be able to establish itself as the default, search engine. i'm not at one level, though it's not clear. that really helps microsoft, because if i'm right that google is just a better search engine, people will search, will switch away from the default, and interestingly, that's exactly what's happened on on windows desktops, where google has no ability to control access. where where microsoft bing is absolutely the default people switch away in droves, which seems to me to kind of undercut the judge's case a little bit. it turns out that even where google doesn't have some sort of deal to be the default search provider customers, users still want google. >> we are

they're saying that microsoft is also expected to put in some additional funding.s would be the biggest round, scott, since openai and microsoft and that deal back in january of 2023. microsoft invested around $10 billion. there's been an arms race in terms of spending. it's expensive to run one of these models. they are building a war chest. $100 billion is a massive number, puts it near the likes of stripe, spacex, some of the most highly valued silicon valley valleys. the latest in the arms race, back to you. >> kate, i appreciate that timely report, obviously having dan ives sitting next to me. do you want to comment? >> we have a trillion dollars of capex, of ai that's come down the road. you look at openai's position, that's the golden child in terms of where i view ai. this is just the start. we talk about valuations that continue to increase. it's a scarcity value, no different than nvidia. when it comes to openai, nadella continue to win the race. >> so the greater picture for mega tech off the back of what nvidia delivers is what? >> bullish. this is i be

stuart: microsoft back up nearly 10 bucks. kevin? i love microsoft. i've been in it for 25 years.ow about you? >> so have i. they were my partner in the educational software business as far back as reader rabbit. stuart: great company. >> it went through a dinosaur phase into a shining giant of tech. fantastic transition. i remember gates first book didn't even mention the internet. i read it to him in the parking lot years ago when we were, he was tiny. word star was bigger. i've been doing this a long time. stuart: amazing. yes, you have, but not as long as me actually. >> let's fight about that. stuart: no, let's not. lauren, kevin, thanks very much. look at this , tim walz came out swinging at donald trump at his first campaign event. watch. >> donald trump's not fighting for you or your family. >> you are. >> he never set at that kitchen table like the one i grew up at wondering how we're going to pay the bills. stuart: he attacked trump on the economy but never offered any solutions to fix it. chicago cleaning up its migrant homeless encampments. the city insists it is not b

so the doj sues microsoft. microsoft sort of forced to go to washington. is this huge trial in the courtroom, including appeals for almost a decade. and so for a decade, the microsoft is not only spending millions and millions on legal fees, but they're really like being distracted from their mission, which is being a good company. and. google when google came to washington, which is about 22 or three or so, they saw what happened in microsoft, and they said we're not going to do the same thing. we're going keep track of washington. we're we're going to donate to republicans, the democrats. we're going make friends in washington, staying away from washington, discover that on their own just by watching what happened, had sort of seen, you know, the about what happened to the that microsoft made by ignoring washington. google said let's embrace washington. so as a result of that, we're one step into now, you know, nothing has ever happened to google in washington. they've never lost any trust case. they've beaten antitrust cases. there's been no legislation

so i think microsoft will get a high rate of turn. alphabet also we will.there could be other sectors. it could be a health care company, a staples company. the key is a certain amount of growth, but we continue insist on huge amounts of growth. what we care about is growth at a high rate of return. what that means is you have some moats around your business, you have a strong balance sheet that you can survive the tough times. these are some of the key attributes we're looking for. >> you have texas instruments, thermo fisher. is constellation brands in there? i'm curious about that with this debate how much young people are drinking or people more broadly are drinking these days. >> yeah, constellation brands is in our portfolio. we like that stock a lot. they're maybe a little bit of a special case where some of those broader trends aren't what drives the business. the constellation brands, their key asset is the mexican brands in the u.s., like modela or corona. they benefit from the demographics and their traditional latin american customer base and be

stuart: i remember the government attacking microsoft 20-odd years ago and they broke microsoft.wn doing nothing for 10 years. >> yeah, i might be a little bit naive. stuart: you're just young. that's the thing. let's move on. harris has made her pick going with tim walz the governor of minnesota. do you think this is for you, jacob. you may look off over there but you've got to look at me. do you think this makes a difference to the market? a very left-wing pair on the democrat ticket. >> no, not yet. i just don't think today the market really has any idea what the policy implications are. the answer to your question might be yes, but i think today, also when you look at the market today the market is stabilizing as you mentioned the dow is down 1,000 points yesterday, so this is a stabilization we're getting in the market. there's a lot of information politically that in august of an election year you don't have yet. stuart: okay fair enough, jacob sonenshine always enjoy it. appreciate it. now then, five states are a using elon musk's a.i. chatbot of spreading election misinfo

also report microsoft is expected to put in more money. microsoft declined d to comment. confidence in openai's growth. some of that valuation. numbers throwing out really says that they think this is going to see exponential growth and part of the arms race in the valley to raise more cash. really expensive to build the premiere languages and openai in pole position. staying there requiring a bigger cash pile to develop the new products and better models, guys. >> kate, you know, i guess thrive has a long-time relationship with sam altman and a lot of praise on both sides there. when i look at family offices, the number one investment theme this year, they're all putting money into a.i. so, i would guess that openai would raise even more if they wanted to. how is the company looking at who gets to invest right now and who they want as investment partners? >> that's a great point, robert. these are exclusive funding rounds. it's a massive dollar amount, but getting on the cap table for openai or anthropic for that matter is really competitive out here. it often relies on

into, you know, shopping into microsoft office and get hub and all these things. and i called them nagging systems or nagging here. but still, that's actually being kind of polite to them. but those systems are generative a i. so they're provided with a prompt or some other starting point by the user. and then they create text or images or some other content that they generate. so you take a huge amount of data, you shove it into a learning model, and then statistically, you know, the algorithm is able to figure out and this is a huge over simplification. but it's able to figure out a certain amount of rules. and guess basically what you're looking for based upon the inputs that you give it. thank you, shawn. a. we're going to take a short break and when we come right back, we're going to speak with sean about what to expect in the near future from development today. i and how we protect ourselves and our information stay to the. 2 2 the, [000:00:00;00] the credit you know, of to go to the good that showed us cause a couple of interest to you. if you put them lite

now, this microsoft report, it came out earlier this week and it said that iran's islamic revolutionarythey were trying to break into the email account of a high-ranking campaign official in june, microsoft did not say which account this was and it did not say whether this was successful. so it's not yet clear whether iran was behind this attack. we asked the trump campaign if they had any more information, if they've talked to the fbi about this and they declined to comment further. jessica and jeremy, do we have any sense of what's in these hacked documents? >> yes. jessica politico reported that it received from this anonymous account vetting materials related to trump's vice presidential nominee, j.d vance, and other materials, politico reported that they found these documents authentic, but they have not published them yet. >> now, of course, it's worth remembering back in 2016, hillary clinton's campaign chairman john podesta, his email was hacked and his emails were published by wikileaks in the final days and weeks of that campaign. >> and of course, it's also worth remembering

to help the american intelligence apparatus and the zionist regime in killing the people of gaza, microsoft and plentire share their cloud space and artificial intelligence, and iran's golden night in the paris olympics with hasan yazdani's runner-up in the mehran hashdari wrestling . amir hossein in taekwondo tonight, zare will face an opponent from borjestan in the final match. in the name of allah, the most merciful, the most merciful, may god bless muhammad and the family of muhammad and hasten their fate. greetings and good morning to you dear viewers, dear and respected compatriots in egypt. we are presenting the detailed news of 8 am together with my colleagues. the heinous crime of the zionist regime this morning in the bombardment of the worshipers in gaza. more than 100 palestinians were martyred and hundreds of others were killed. the number of martyrs is increasing. in madrasah al-tabayin, these bodies were created a little while ago. this school was a place of accommodation for displaced people during prayers in the morning, he was attacked with three bombs and killed a large n

employees of amazon, google and microsoft accuse them of being the technological backbone of the regime'sdownfall there are zionists in gaza. alireza moradi, radio and television news agency. the american judicial system continues to prosecute the claimants. electoral fraud another politician was convicted of fraud in the american elections. arizona republican larry pellegrino was accused of signing the document that helped trump win the election 4 years ago. the arizona court has prosecuted 18 other election fraud claimants in the state. rudy giuliani, the former mayor of new york, is one of them. trump was also supposed to be prosecuted in this state due to the arizona attorney general's recommendations stopped the prosecution . in the last four years, the american judicial system has also sentenced 900 people who entered the congress during election protests to prison. the president of the united states said that if trump loses the election, he will not accept the result. according to c. s. biden said he was not sure that the republican candidate would agree to a peaceful transfer of p

microsoft estimates that in total, 8.5 million devices running windows were disabled.nes were grounded, medical appointments were cancelled, and even some supermarket checkouts stopped working. crowdstrike apologised and deployed a fix, but for machines that had crashed because of the bug, they had to be manually restarted in safe mode and the dodgy update deleted. it was a time consuming logistical nightmare for companies with thousands of computers distributed far and wide. at crowdstrike. .. crowdstrike has committed to do better to check that updates when they are released don't contain problems, but the total cost of this global outage has been estimated to run into the billions of dollars. if lessons have been learned, they've certainly been learned the hard way. ok, so let's talk about some of those costs. and part of the reason this had such a big impact is because of the nature of crowdstrike customers. they include some of the biggest companies and government agencies in the world. in the us alone, amongst the fortune 500 biggest companies, excluding microsof

stuart: have you bought any microsoft? the way down to $4000 a share from -- 400 a share. >> we bought some a while back slightly below the 4000 level. it got down to 385. i had an order down there that didn't get filled. that would have been a great day. microsoft is a long-term hold few -- for us. it's a company that's going to continue to grow. and you and i have talked about this for years, stuart, how can a company like microsoft which 20 years ago, 10 years ago was gigantic double, quadruple? well, it can because they have the earnings both to the justify that. stuart: so can a lot of big tech stock as well. shah ghailani, we'll be watching at 4:00 to see what nvidia actually does. see you later. all right, the market -- press that button. thank you, sir. the market is now open, and we expect a very small downside move on the cow. that's what we've got. it's an even split, winners and losers, but we're down 8 points, 17 points on the dow. that's not much movement. how about the s&p 500? that too ever so slightly lore

delta plan to sue crowdstrike and microsoft. why are you looking to buy crowdstrike here? been saying since monday that investors should be focusing on the yen carry trade and focusing on finding deals on companies they loved two weeks ago that are trading at a discount. you saw nvidia fell 14% at the open. tesla about 11% at the open. apple about 10% at the open. the focus for me is when we get to a place where we believe the worst of the news is out there, it's time to buy crowdstrike. if you loved it at 350, you should love it at 250. there is no follow-on headline from any other company saying, me, too. i feel comfortable this is about the floor for this crowdstrike saga. >> if it is the floor for the crowdstrike saga, what about the rest of the sector? is that also a buy? >> the cybersecurity sector in aggregate is a buy for me. i like that space more than b.u.g. for reasons we debated on the show before. i think the importance for investors to consider is cybersecurity is one of the sectors that regardless of whether we go into recession or not or regardless if compa

amazon, apple, microsoft up, nvidia, alphabet down.n the 10-year treasury has been falling this morning, retreating from that 4% level. you're back to 3.99 4 on the 10-year -- 3.94 on the 10-year at this molt. now this. the paris olympics are almost over. i think they've been a wild success. so much so they may have resurrected to olympic movement. last time around in tokyo the entire event was upended by covid restrictions, but in paris the whole city became the backdrop for the world's greatest athletes. i think it worked. there were the inevitable controversies. the mockery directed at christianity in the opening ceremony, that was tasteless and offensive. the organized disruption of the train system just as the games started, it was disturbing, but its impact was minimal. gender confusion in the women's boxing event, that made brief headlines. and the belgians, they took their team out of the triathlon because one athlete got sick swimming in the river seine, but the athletes and the city transcended it all. who's going to forget t

microsoft still trading at a discount to some big s&p 500 companies.ike costco, right? that is a very durable top-line growth. charles: hard to believe. when you put it that way, feels like it is a screaming buy. you have a buy on snow, high-risk buy. the stock made a big move this week. that was on earnings. >> they gottens anticipation of earnings they're reporting next wreak. this stock, you showed a chart, well below where it was in 2021, well below even last time they reported. i think you're set up for a potential positive surprise. you're starting to see some of their new products crick into high gear. last quarter was a a good quarter in terms of revenue. we think that one time with new ceo coming in. we're looking for beat and raise. charles: beat and raise. looking from 72, go straight to 90, that is from the chart. not you, from me. shopify, one of these names, last week the focus was on retail and walmart had that big number it was pretty clear, right? everyone is kind of moving to the discounters. it feels like you will have two major winn

. >>> coming up, what microsoft is saying about the reported hack of the trump campaign.eged hack and whether or not it's just the beginning, the chief of the u.s. cyber security agency, current chief joins us next. plus, what david french says could save conservatism [laughter and giggling] [laughter] [laughter and giggling] got real serious for a moment. —okay. —whoa! [indistinct chatters] [laughter and giggling] [laughter and giggling] ♪ ♪ not every decision you make will be as good as getting a volkswagen at the savvy vw summer sales event. 2024 volkswagen models cost less to maintain than honda. get 0.9% apr financing or a $3500 customer bonus on a new 2024 atlas or atlas cross sport. ♪ (man) oh, come on. ♪ (woman) ugh. (woman) phone! (man) ahhh! (woman) oh! (man) oh no. (woman) dang it! (vo) you break it. we take it. trade in any phone, in any condition. guaranteed at verizon. and get the new galaxy s24 on us. (man) oh yeah. (vo) only on verizon. from pep in their step to shine in their coats, when people switch their dog's food to the farmer's dog, the effects can

they also report that microsoft is expected to put more money in microsoft, last put $10 billion intouary of last year. that company also declined to come pent here, but stepping back, guys, it is part of what's becoming an arm's race in the valley here to build the premiere large language model openai, with chatgpt in pole position, but staying there is going to require a lot more cash to develop more products, better models and full circle under the cash that these startups are raising, it's going back to nvidia. back to you. >> kate, thank you. reactions here on this capital raise, guy? >> well -- >> go ahead, dan. this is your world. >> no, it's your world. >> i'm just living it in, guy. >> openai, nice and interesting what's more interesting is microsoft. and you go back to july 5th when the stock made an all-time high, i think 469 or so, on what's been outside of august 5th a pretty decent tape. this stock is probably lower in the afterhours on the back of nvidia, so, i think -- you know, this is one -- again, i don't want to make a huge deal, but not so good in a decent market.

employees of amazon, google and microsoft accuse them of being the technological backbone of the israeli occupation of gaza. alireza moradi, radio and television news agency. the spokesman of the us national security council announced the country's readiness to increase aid to the zionists with a wide range of military capabilities. america is the biggest donor it belongs to the zionists and in the last 10 months , according to some estimates, it has reached 38 billion dollars . israel has no chance of survival without the support of the united states and not only is it desperate to maintain its internal infrastructure, but it also does not have the ability to defeat iran and hezbollah. this sentence. ishaq brik , the reserve general of the zionist army , said about the failure to defeat hamas despite the comprehensive assistance of the americans. a subject that an israeli expert in american affairs also admits. israel cannot defeat hamas and confront iran and hezbollah without america. 10 americans have been supporting the zionists for months. these aids not only made the zionists insis

mainly the microsoft decision at the d.c. actually ordered breakup of microsoft and the court of appeals reversed that unanimously. so i think it's going to be tough. but the supreme court gives a lot of discretion to the district court judge. last, or two years ago the ncaa decision justice gorsuch's opinion lays out some of the groundwork and gives a lot of discretion. interesting to see what evidence they put forward and how they could justify whatever remedy actually addresses the harm they found. it's going to be from an academic standpoint fascinating to watch. >> i have a broader question for you. which is, i played this point yesterday. you can disagree with it, which is -- are cases like this fighting yesterday's war or yesterday's challenges, if you will, and the reason i mention this is all of a sudden here we are in 2024 and very well may be that the search world, the blue link economy's going to get upended by the open a.i. economy. all of a sudden we're talking whether bing and microsoft, partnered obviously thr