change the definition because and they told us that the reason microsoft because we wrote to microsoft office and they told us that the reason that when you type the word was the lower, then you hit send and then you get read stage, tattletale to pigeon. all those negative things. so the description is very positive, you know, preventing wrong, doing, addressing corruption. it's all very positive things. and then you come to the sending them and you know, the rails come off. and so we started this campaign by writing to microsoft who came back and told us we, we just pull it from marietta webster. so we've written it to marian webster and they say, well, it's all about common language use. so they've encourage us to address common language use issues. and that when people are defining what's the wars that they're using, the words, the heroes of integrity, truth teller, emphasis, protect or 1st relate or disclose. or we've gotten lamplighter l ringer. there are so many other or positive words to describe what was the lawyers are actually doing them the negative ones. and you know, if we don't

it's made some of the single portions reconsider driving because like the microsoft office that to be seen give it to the point of scrubbing this car available to my repair shop and i picked it up so it gave me another 2 years of driving and stuff. so again, when this cause time runs, the end of the deal will be the same while others are willing to go to extreme lengths to retain the freedom driving brings with it. so either then be up over the age. and i do either jump from the site itself and show a multiple as juice of income. mean the groceries use green on the other side, but these unborn hills and the price of seal i like that. so i guess if we make do these for just how much would they show out for a seo, we as long as i can afford it. oh, that is something that i've not really given even so much i thought about. so i think that question's a little bit hard for me to answer. right? no. we would just have to see how, how, how it turns out in the future. in the meanwhile, like many other single portions reads, julian shan relies on public transport and ride sharing services to ge

. >>> shares of amd though are up about 5% after microsoft chief technology officer shared that microsoftg compelling gpu offerings and will become more important in the marketplace in the coming years. he made this comment at a code conference last night. and amd's new aigpu chips are set to launch in december as an alternative to nvidia. share up 5%. >> definitely helping out tech today. >>> and stocks are trying to get back to session highs this morning. joining us ahead of her panel at delivering alpha is yjenny johnson. thanks for the time. >> thanks for having me. >> i know your view is that the markets may have overdid it with the soft landing chatter earlier in the year. that is the financial laws of gravity still apply, right? >> yes, i do. but i do think that we're -- you know, i think the equity market right now is kind of a bond story, right? we've seen the 10 year at 4.6. i think that it is kind of an indication that people think that it is not up and then down. it is kind of up and a plateau. and if the cost of cash becomes more expensive and equity markets represent future

. >> when you say a license to deploy for sample at the microsoft office products wishes to use gpt modelor some user serving purpose within your sweep you would need a license to deploy gpt in that and that way or to demand that gpt would require a license to offer to microsoft and putting aside whether or not this is a plausible scenario the question is what is the structure of a licensing arrangement?e >> imagine that say boeing builds a new plane and before they cand sell they can so2 united airlines and united airlines decide to the faa will -- andmagi we are gpt 12 whatever you want to name it before thato gets released fr use i think you can imagine a licensing regime that you could say needs to very rely -- license when it's certified as safe and any up to ask yourself how do you make that work so we don't have the government's lawyer thing down there but i twould say are three things. first you need a common foundation as to how training should be placed in second you need national regulations and third are going to have the global economy in countries where we want these things

that needs discussion put >> when you say a license to deploy, do you mean, for example, if i microsoft officeproduct, which is, wishes to use gpt model for some user serving purpose within your sweet, you would need a license to deploy gpt in that way? or do you mean that gpt would require a license to offer to microsoft? and putting aside whether or not this is a plausible commercial scenario, the, the question is, what's the structure of the licensing arrangement? >> in this case, it's more of the letter. imagine, look, think about it like going. boeing builds a new plane. before it can sell it to united airlines, and united airlines can start to fly it, the faa is going to certified that it's safe. now imagine we're at, call it, gpt-12. whatever you want to name it. you know, before that gets released for use, i think you can imagine a licensing regime that would save that it needs to be licensed after it's been, in effect, certified as safe. and then you have to ask yourself, well, how do you make that work so that we don't have the government slow everything down? and what i would say is

you say a license to deploy that means work sample if the microsoft office product wishes to usese gptodel for some uses serving purpose within your sweet you would need a license to deployed gpt in that way or do you mean gpt would require a license to offer to microsoft and putting aside whether or not it's a plausible scenario there's a question of a licensing arrangement rates imagine, think about like going. boeing builds a new plane and before you can sell it to united airlines united airlines to fly at the faa will certify it. now imagine we are in gpt 12, whatever you want to name it before that gets released for use ice think you can imagine a licensing regime that you would say he needs to be licensed after its been saved and then you ask yourself how they make that work so we don't have the government's lawyer thing down what i would say you bring together threeus things. first you need industry-standard so you have a common foundation as to how the training should take place. second you neednd national regulation and third if we are going to have a global economy in the cou

microsoft's chief technology officer, kevin scott, says the nvidia chip supply is improving, but he didcrosoft is developing it own custom a.i. chip. and in that a case, they'd save themselves a lot of money. stuart: down $2 on microsoft, back to 310. i love costco. they sell everything. wait a minute, my prompter says they even sell gold bars. lauren: correct. too fourth stuart that's senator menendez, has that not something to do with him? lauren: no, unrelated. so this is a quirky, i'll call it a gimmick from costco, but it's super popular. online they were selling these 1-ounce gold bars for about $199 00 each. don't think you can go to costco and build your financial security. you have to be a member, and and you can only buy two gold bars if they have them. the gold bars that senator menendez is accused of accepting as bribes, 13 gold bars found in his home, completely different. you know, i'm thinking about this story. why would costco be in the gold bar business? i think costco is keying in to the worries of the nation. they see the consumer, they see the consumer tightening the

microsoft has a timeline. we are talking 40 years until office 365 copilot comes out. microsoft is clearly moving quickly.re two things that really come out for this for me. microsoft is integrating all of these aspects. there is an integrative ai experience across microsoft products. the second thing is, how is microsoft able to move so fast? they had a huge head start because they invested in openai back in 2019. microsoft was thinking about genitive ai before chatgpt became a household name. ed: you pointed out that they are integrating their existing platforms. microsoft is always been really good at selling software that others give away for free. do they grow sales by doing this , this investment nai? rishi: there will be certain areas where they will not directly charge for generative ai. it will be about gaining market share. when you think about the 365 copilot that is something they will distinctly charge for. a lot of these other ai open source ai, it's based on a consumption model. i think this translates to better numbers for microsoft. microsoft is already doing more than half $1 billion of

nvidia commands the market, and amd and microsoft are saying, well, move over, nvidia. the chief technology officert, said amd's a.i. chips might be in the card's for them. they did announce three months ago they're going to start sampling their clients their a.i. chip. why not with microsoft? they do have this long-term partnership. in the en, it's probably in everyone's best interest to have more chips from more vendors than just nvidia, and i don't even think that hurts nvidia because they have such a dominant market share. stiewmp stuart okay, blue apron, i know they're a meal kit service. they've had a rough go since 2017 but huge surge. lauren: more than doubled. stuart: what a'ses -- what's with that? >> they're being acquired for $103 million by wonder group, $13 a share, essentially where the stock is now, more than double yesterday's price. stuart: why would you do it? why would you pay more than double when you could just go on the open market and pick it up for a small premium? lauren: i don't know. but i do know that i -- what was the valuation in 2017 when this went public? it was the

microsoft executive to head the devices and services business. after the devices chief announced his plans to retire, he was most recently the chief product officert microsoft, overseeing windows and the hardware teams. dave to head up lou origin. caroline: lots of revolving doors. coming up, more on the lawsuit against amazon and what it means for big tech and antitrust. we will be joined by policy director and former ftc attorney, charlotte. and we will hear from the ftc chair on the complaint. she sat down with bloomberg yesterday. >> these are tactics, ultimately amazon has pursued them to deprive actual and potential competitors of the ability to gain the skill and momentum needed to effectively compete online. having achieved and protected its monopoly power, the details of how amazon is now exploiting that monopoly in ways that harm customers. ed: ftc chair lena con is seeking to end what she calls amazon's illegal conduct, but did not go as far as to call for a breakup of amazon. we sat down with her at our bloomberg office in washington, d.c.. this is the conversation. >> this is a case about unlawful tactics amazon has used to maintain

moderating this fireside chat will be jason payne, chief technology officer for microsoft federal.ning jason on the stage is the honorable ahril haynes, director of national intelligence. she has led that dni with a credible success during a period of unprecedented activity and global change. so we are extraordinarily privileged to have them close this four-day summit and if you too could please join the stage be let's have a warm round of applause for them. [applause] jason: good morning. for joining the session and thank you for having a discussion with us today. >> it is my plight -- my pleasure. the general, after he was here for the opening, we had a meeting later that day and he was saying i got to open, it was so much fun and he was talking about the conversation he had and so on and said you are closing it and we will have to -- and it's really exciting conference for us because we had to focus so much on issues so it is frankly an honor for me to be here and you got the best with paul so it was all downhill from there. jason: thank you. let's jump into the topic around wor

we caught up with microsoft president brad smith, headed out of marsha blackburn's office, meeting withbig concerns about china, how artificial intelligence is being used and how us companies are using and developing artificial intelligence and how lawmakers can make sure americans are not hurt by that. i cut with smith out of the office and asked him what's the worst thing washington could do when it comes to regulating ai? how could it hurt the government of ai? the better question is what should they be doing anything to washington is on the right track, a listening session between ceos of tech companies and lawmakers on capitol hill so they can get more information. senator my grounds said that the whole point of the forum, to not come up with regulation but get information. >> folks coming in on a bipartisan basis, we wanted them to feel comfortable there comments were directed to to settlers rather than what some people saw as a large audience. >> reporter: we will see tech leaders from major tech companies descending on capitol hill, mark zuckerberg among many others to be here.

microsoft is rolling out its ai assistant for windows on september 26 in the office ai apple novembere ceo says the copilot-branded assistants will provide a unified expense across operating systems, applications and devices. microsoft is leveraging -- leveraging is technology from openai where it invested $13 billion. coming up next, china and the eu meeting this weekend for trade talks. talks(announcer) enough with the calorie counting, carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and balance the hormones that make weight loss easy. release works with your body, not against it, so you can put dieting behind you and go live your life. head to golo.com now to join the over 2 million people who have found the right way to lose weight and get healthier with golo. ♪ >> former bridgewater associates ceo david mccormick says he is running for u.s. senate in pennsylvania. this is thrilling national republicans who see him as their best chance to flip a cr

microsoft has durable steady enterprise for business and the office 365 products as well as huge growthngine in the azure cloud unit. not to mention some of the best exposure artificial intelligence and open ai, the company with chatgpt with the introduction of ai to their products. they've got gaming, linkedin, a lot of horses. alphabet is still primarily an advertising business. it is resilient performances from the core search business, especially youtube. by the way, you got to sign up. youtube now set to benefit are the nfl sunday ticket games that it took from that lame drek company. i can't wait to pull down the dish from my roof. but google cloud is getting bigger as well as many other potential sources of growth like the waymor self-driving car. as the company grows during the larger footprint it built during the pandemic. they're the leader with amazon web services. and while many expect that unit to see a big slowdown in growth, it managed to surprise the upside in the most recent quarter too. i think a lot that of is because of artificial intelligence and the demand that you

office. i only play playstation. i never play exposition. i'm not going to switch just for a game. >> right. that's kind of what microsofthappen. coinciding with this big lapp. they have a new version of the cheaper box x model hoping to juice sales that so many people have been anticipated. the hope is probably it will drive subscriptions for the cloud gaming service and sell the hardware, frank. >> thank you very much. >>> the labor day holiday marks the end unofficial end of summer. we all wish it could last a little longer with millions headed back to school or the office this week. two parts of the market likely impacted. we're talking retail and commercial real estate. 4 billion was driven by consumer electronic purchases. meanwhile office utilization is expected to gain traction as companies crack down on policies for at least part of the week. let's talk about both sides of the coin with our two guests. we have the global head of occupier thought leadership who's covering kmernl real estate. great to have you here, both, so good morning. >> we'll start off with you. let's talk commercial real estate. i heard a lo

the presiding officer: under the previous order, the senate scroll through and spend a few . >> today microsoft president brad smith will be among groups of witnesses testifying on proposed legislation for artificial intelligence. by the senate judiciary subcommittee on privacy, technology and the law. watch live 2:30 p.m. eastern on c-span three. c-span now, free mobile video or online at c-span.org. >> c-span is the unfiltered view of government funded by these television companies and more including media,. >> we believe whether you hear a right here or in the middle of anywhere, you should have access to fast and reliable internet. >> media com supports c-span as a public service along with these other television providers giving you a front row seat to democracy. >> former vice president mike pence made remarks on populism and conservatism. following his remarks mr. pence

microsoft has some technology called teams, and it's basically a zoom-like operation where people can in officerk. and so zoom is not happy about that. zoom has taken a hit on its stock as people are going back to the office. so it's looking to kind of, you know, tamp down any competition that's out there. but this is like a call dashboard, is what they call it. so they've got some issues, and bloomberg is reporting that the ceo is making some' marks -- remarks at that goldman sachs conference about the competition and what's out this. stuart: okay, got it. how about roku? i know that they're cutting 10%, and the stock is up 11. the two are linked, i take it? >> absolutely. it's cost out cutting. they're killing 3000 staffers' jobs -- 300. 10% of the work force. this is after they hired 200 in november of '22 and 200 more in march of '23. they're going to take a charge for license platform in the next quarter, but investors like that because, listen, if you have problems, you try to scale back even if it means hay aring off people. this is a jerome powell problem, right? he said people were goi

microsoft at 330. alphabet and amazon are down. >>> next case, china's ban on apple iphones in government offices, that's having a domino effect.et two-thirds of their revenue from china. they supply to other companies as well. apple gets a fifth of overall revenue from they that. we're talking about two the-thirds from qualcom, so the stock is down sharply this week. it seems like cooler heads are prevailing. i wanted to mention huawei, their new phone is more expensive than the iphone that china is trying to convert iphone users to. huawei is under fire for it. where where do the super fast chips in it come from? did any company violate a sanction to get them those chips? i'm not saying qualcomm, i'm saying any company. that's part of the investigation by our state department. stuart: fair enough. at this moment no dip buy, no noticeable dip buying in apple despite its huge selloff. we'll follow that all day. next one is disney, are they still at -- yeah, just at $80, that's a 10-year low. lauren: this is down 7 days in a a row. the may 20 the 14 low is 79.83, we got there yesterday. do you remember at the height of the pande

microsoft pain in favor of a more modern alternatives. well, there's more than one blank space on the box office scheduled this fall.is taylor swift's upcoming concert film is creating so much buzz that 3 other films are now changing their early states to avoid competition altogether. so will be a set to come out on october 13th. so the exorcist believer is a direct sequel to the 1973 film, the exorcist. now the movie will come out one week earlier on october 6 may rise returned to rom coms called what happens later. push is released november. 3rd and ordinary angels movie starring hilary swank. it's also a debut october 13th, but its premiere date has been shelved for now. >> up after the break, we've got details regarding narcan and how starting today it's now going to be available in stores and on shelves. we'll have those details after the break. versus old is drag. bar is set to unveil plans for reopening. >> at a new location will tell >> at a new location will tell you what to expect in a li directv sports central gives you access to every game. but terry doesn't have directv. come on. come on. work for dad-

territory with 25% gain on the year microsoft, apple and nvidia the biggest impact on the nasdaq nvidia down nearly 15% in september. peter anderson is chief investment officert anderson capital management and you're not in those stocks, are you, peter >> yes, i do own nvidia. i owned nvidia since almost the day i was born, frankly. so, i've been through some rough times with nvidia in the past. and this is no different from those past rough times. >> you have kind of the warren buffett punch card approach here why not sell or go, truly can't get any better than this >> well, i think you have to focus now on interest rates and this whole narrative about higher for longer. and i've actually switched that to higher forever. because i think a 7%, you know, mortgage rate is an equilibrium rate it's just that we have forgotten, kelly, prior to 2007, those of us around before then, interest rates were higher then. and we still had market rallies in technology can still do well in a higher interest rate, despite the mathematics behind that that we have heard ad nauseam about higher interest rates. >> pier, i'm glad you brought this up because if you said, well, you

, microsoft has named the country's prime minister as the routing parties candidates for the presidential election next year. i'm a new boss has been prime minister since september 2022. so one office in 2012 and was re elected in 2019 the announcement july. he would not seek up a time of the months of political uncertainty and unrest. degrees now with flooded waters and beginning to recede his rescue efforts, a continuing water authority stopped to assess the loss and damage the prophecy. 11 people confirmed did john circle of supports from central greece, the school notebook split to have flown off the shelves next week. when the greek school year begins there on usable now, because they sat on the lower shelves of this stationary shop in the village of all of us, which was flooded down the street. there's a stench of spoiled meat from 2 butcher shops and the local supermarket is throwing everything out a quarter of a $1000000.00 worth of damage in this business alone. the police have come from all over the country, feeling an outbreak of lawlessness, but angry residents said that's not the kind of state a they were looking for it. but in the 3 of for our new america, we started

for the presidential election next year. present, microsoft has bought a due by who's been the country's prime minister since last year. i saw one office in 2012 and was re elected in 2019. he announced in july that he would not seek a 3rd term after months of political uncertainty and unrest. ahead on alger 0 action from the latest round of the federal cliff diving series, that's coming up next with the 10s of thousands of children were born in 2 will lived on the the i still regime in iraq and syria. now many are in can either role funds or with the, with the mothers, rejected by their own communities checking the last few things that people are going to welcome them after that. of course, not an any award winning documentary. here's that shooting and trump magic story. the children throw stones at me erects last generation on outages in beauty and richness of nature need to be harmonized with stable and sustainable growth. united with the diversity of culture as death. quick jakarta, indonesia is ready to hold the 2023 asians something together. we will get patient matters at the center of the the time now for sports hes, gemma. tha

microsoft. ed: it has been a rough year for meta employees after 20,000 teammates were laid off over the past year. now, they are starting to enjoy coming back into the officeon is the company has survived a number of popular pre-pandemic perks from branded t-shirts to happy hours. this is interesting. when you and i reported big layoffs, we covered how deep and sudden and wide they were. many people were upset. talk about some of the cultural fixes meta is bringing back. >> as you mentioned, people were anxious and scared they could lose their jobs at any moment. they started to scale back perks. now those are coming back. employees say happy hours on thursday are happening again. dinner time is now at 6:00. people are excited about that. restaurants are opening again. some of the more luxurious perks like laundry services and haircuts are back. people are excited it is coming back and it is boosting spirits. caroline: what about enough jobs to go around? in your story, people are being brought back that had previously been laid off. >> i talked to some employees that had been rehired. there are other people in the process. it is slow and they have to go t

microsoft does have a active audience of hundreds of millions of users and they've said we're going to charge you $30 uplift to have the ai version of office and that's a massive opportunity for them, probably an exception. they have them captive to the chips to roll out ai applications functionality earlier. the thing that fundamentally attracts me with open ai and with their azure business. >> so you recommend microsoft -- >> yes. >> you own alphabet as one of your top holdings -- >> we don't recommend anything. we actually own them. >> but of the names you focus on, that doesn't seem to be at the very high point of your list. is that wrong? when i look at the ones you want to highlight today it's nvidia, microsoft, amazon and tesla. i don't see alphabet listed there even though you own it. >> our larger positions are in the semiconductor category. >> and speaking of one of the ones you would want to sell, i don't think you own it, is intel. >> that's right. >> you make the case today you don't want to own that. why? >> i think they're significantly behind nvidia and amd in the graphics processing chip market. and over time we've seen am

ikea, and microsoft but not the chamber of commerce which causes onerous and they say increase costs on california businesses, the legislation goes to california governor gavin newsom whose officether to sign it and get ahead of the federal government in the setting climate rules, the sec has not finalized its rules on disclosure but analysts say this legislation will end up in court and be challenged. stuart: guaranteed it ends up in court, never keep the lawyers out of it. still ahead, florida congressman carlos jimenez on how we should deal with the migrant crisis. will cane on biden ignoring questions about his impeachment angry, quiet have us on cornerback aaron rodgers breaking his silence after suffering a season-ending injury. the 11:00 hour is next. ♪ (woman) what if my type 2 diabetes takes over? what if all i do isn't enough? or what if i can do diabetes differently? (vo) now you can with once-weekly mounjaro. mounjaro helps your body... ...regulate blood sugar... ...and mounjaro... ...can help decrease how much food you eat. 3 out of 4 people reached an a1c of less than 7%. plus people taking mounjaro... ...lost up to 25 pounds. mounjaro is not... ...for people with

microsoft teamed up and they did this study. they say it could cut a person's carbon footprint by 58, compared to in office work.ant difference. so i've been outspoken on this topic so much that the bosses have just told me to just just leave it where it is. but anybody else like chris, wouldn't you want to work at home more? no larry. >> no, no. chris is a thing about working in person and being around people. but also you think about just san francisco and the way we've gone with the city and we talk about all the empty buildings and the economy and trying to bring the city back to life. so if everyone's working at home, you can't bring the city back to life. i'm specifically speaking about san francisco, but i think it would be that way anywhere of places that are trying to have kind of having trouble coming out of the pandemic. i know it's been a while, but you still look at san francisco, doesn't still feel like it was pre-pandemic, at least to me, like 2019 ish. >> chris is just ascend it in management's rankings. after that response there. that was well done. i applaud you, chris sandia yeah, i mean, you

think this feels a lot like microsoft when everybody thought it should be broken up into operating system and other stuff, you know, to show the growth of the other stuff like office. and they really have demonstrated that was not the right thing to do. or bring in an outsider. that was also wall street's favorite idea. i think apple is an innovation company. it is not a favored stock, but i'm going to give it credit that they have innovators, and i want to see them innovate their way out of this problem and earn that multiple. >> this is going to be good having you two all hour. let's start with another tech giant while we wait for more headlines from apple and while they are busy refreshing their product line, google is in court as the u.s. takes on the company's search dominance in the biggest anti-trust trial in two decades, and it could be years until we know the outcome. amon has the latest. >> reporter: hey there, kelly. there is no jury in the courtroom today, so attorneys representing the doj, a group of state attorneys general and google made their case directly to the judge this morning. he's also been handling years of pretrial hearings in this case. l

officer of peloton is leaving the company after nearly 12 years. he'll be replaced by nick caldwell who previously held leadership positions at twitter, google and microsofthe u.s. banking industry seeing a major first, s&p global revealing the industry's total deposits cleaned year over year for the first time since going back to 1994. that's down nearly 5% to just over 17 trillion. s&p says charles schwab saw the largest decrease, and that's primarily due to outflows from br brok brokerage acts, frank. >> we'll see you later in the show. >>> borrowers are facing increased pressure from rising rates and the prospect of higher for longer with $270 billion of leverage loans at risk of default. the default rate for the past 12 months sitting at the highest level since 2014. one of the companies with a finger on the pulse of it all, jack henry, a software financial company with over 7,000 customers ranging from mid sized and regional banks to credit unions. shares are down 12% since the most recent earnings. guidance was below what the street expected. joining me now to discuss banking, cloud computing and the impact of higher rates, david foss, ceo of jack

microsoft. they des gisgraced the dividend, and the dividends are growing 10% per year. that's a great offset to inflation. >> something to give people to think about. you've caused consternation in the offices, nance we this assertion and maybe you can delve into it, even as women are becoming more and more becoming breadwinners, apparently they're still delegating to men. give us the data. is it a problem or is it the sense of who's in charge, but i'm still aware or do they not even know? so just explain a little bit about this dynamic. >> yeah. so it is unpopular. i love men, i want that on the record. i was somewhere and i said women are better investors and created a kerfuffle. women will control $93 trillion in assets in 2023, sorry, and they tend to excuse themselves from the conversation. research shows that at the margin, millennials are deferring more than the baby boomer generation which is my generation and we weren't all that engaged, but the problem, kelly, is the average age for divorce for a woman is 30 years old. average age of a widow for women, obviously widow in the u.s., 59. that's exactly how old i was. you're not ready. it's too young and if you haven't been engaged, i

microsoft, nvidia, amazon, google, tesla and meta they account for most of the s&p 500 gains. our next guest says there are opportunities ignored by chasing those trends. let's bring in richard bernstein, investment officerichard bernstein advisors. i didn't take you for a mag 7 chasing kind of guy. >> certainly not, kelly. i think, you know, the notion of the magnificent seven, i would ask rhetorically, are there really only seven growth stories in the entire world, and clearly the answer is no. i think people are missing many of the opportunities around the world, even in the united states, but around the world, simply by being myopic on these seven companies. >> let's back up for a second. some might say the biggest opportunity in the world is nvidia, you know, just never seen a company double revenue in a single quarter from the scope of 7 to $14 billion and only 35 times multiple. >> right. i think, kelly, you know, i think they have to separate out when people talk about artificial intelligence, i think we have to separate out the story from the investment opportunity. i'm not talking about investment opportunity in the next two weeks or two months. i'm talking about, you know, the next year, two y

microsoft from a sell. that is 209 stocks in the s&p 500 rating do not have single sell. the question should they be buying these stocks if everybody loves them too? laffer tengler chief investment officerpeeves, when all the analysts have a buy rating on the stocks, only thing they can do is sell rating. conversely, the only next rating is upgrade. i love getting in and they upgrade it as they go on. what is interesting about this list, you have a name like los angeles sands which is done 6% for the year -- las vegas sands and nvidia is up 580%. what are your feelings if everyone love as stock, does that interfere with you buying it or not? >> go back to 2012 everybody one had a buy on apple and one intrepid analyst raised his price target the day it began an epic 11 month slide. that all got revised. that is when we got interested, right? charles: you're a little contrarian, then? >> by nature and as an investor. charles: all right. let's talk about the other side of this, the most shorted stocks in the market right here, you can see, this is the beginning of the summer. they had a huge move, a massive short squeeze. it was short squeeze season. shortest stocks in the market are getti