that's satya nadella, microsoft ceo and amy hood, the cfo. quite a day. thank you so much. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. high protein low sugar tastes great! high protein low sugar so good! high protein low sugar mmmm, birthday cake! and try pure protein delicious protein shakes ♪ >>> i love, love, love with stocks go higher but i want them to rally on real news and not because they're simply playing catch up. what's the real news this morning we got better than expected results from morgan stanley which demonstrated a phenomenal level of consistency. this huge investment bank is printing money like a black rock morgan stanley stock trades earnings are episodic when this company makes good money every day. 11 times earnings. that's bananas this kind of consistency deserves a higher multiple i bet it's gotmore room to run it's not done. that's what a legitimate move looks lik

that is the argument about satya nadella.ere are problems here but there are also problems in america. that is fair criticism also. sadia is widely respected and backs up has done wonders in india. -- and microsoft has done wonders in india. taylor: it's not all bad news. as you pointed out, apple and samsung have had a different experience over there. they looked more welcome and received subsidies. what is the difference in tactics between the companies received well and those that are being -- those that are not? >> microsoft was just a glitch over here. nadella is a legend in india because of what he has achieved. here and a big problem the problem is amazon itself. ways aremonopolistic tolerated in the united states. taylor: what about apple and samsung? right.tchi right -- >> they are doing well and are being encouraged to move and you -- move the factories. there are not really issues with those companies. zen meat has been dubbed chinese version of impossible foods and launched it plant-based foods last year. mackenzi

satya nadella is a legend in india because of what he has achieved. big problem here and the problem is amazon itself. amazon's monopolistic ways are tolerated in the united states. taylor: what about apple and samsung? >> right. they are doing well and are being encouraged to move and you factory -- move the factories. there are not really issues with those companies. taylor: zen meat has been dubbed chinese version of impossible foods and launched it plant-based foods last year. they joined tom mackenzie shanghai on how competition for the market is shaking out in china. him and >> the government definitely wants more plant intake or consumers, chinese consumers. also, unfortunately, we had last the event that doubled the effect of the plant-based food sector. a lot of food companies are noticing this new area. like our competitors in the u.s. like beyondmeat and impossible foods, they have done very successful marketing and product development in the u.s. market. so, people are expecting if there is a company or a market for china. tom: do you have

that is the argument about satya nadella.ere are problems here but there are also problems in america. comment on america before you start criticizing us. that is fair criticism also. satya is widely respected and microsoft has done wonders in india. taylor: it's not all bad news. as you pointed out, apple and samsung have had a different experience over there. they have been perhaps more welcomed and receiving subsidies from india to help gain inroads. what is the difference in tactics between the companies received well and those that are not? >> microsoft was just a glitch over here. the company is doing very well and well respected. satya nadella is a legend in india because of what he has achieved. there is no issue over there. amazon is a big problem here and the problem is amazon itself. i don't think it is a country's but it is amazon's monopolistic ways are tolerated in the united states. and we shouldn't tolerate it over there. taylor: what about apple and samsung? right they are doing well and . are being encourage

i don't know about nadella's dance moves, jim maybe you can sample those later. that's horrible dancing, i'm sorry. >> look, if he's wearing a black t-shirt, he is game. he is not a slave to convention like you >> that's true, i am a slave to convention, a defeatist and a negativist speaking of negative, at&t this morning gets a long report, jim, from moffett nathanson they're focused on turner, which is a part of warner media, contributes over 50% of the company's ebid, the warner part of at&t. it's not having an impact at all on the stock price their concern, continued ratings declines, viewership declines at turner, tbs and tnt and what that's going to mean for the renewal cycle that the company is in the midst of in renewing with the cable providers what i can tell you is those concerns may be a bit misplaced based on conversations i've had. a lot of those deals have already been done, the renewal deals. they're not for five to seven years any longer now they're closer to three to five years don't know the terms but the concern about them all coming up this y

taylor: that was microsoft's ceo satya nadella. the ceo of google has left no doubt about how important he thinks artificial intelligence will. sundar pichai says ai will be more profound than fire or electricity. in davos, pichai said current frameworks to regulate ai is at a great start. sundar: ai is one of the most profound things we are working on, as humanity. it is more profound than fire, electricity, or anything else we have worked on. it has tremendous positive sides to it, but it has real negative consequences. when you think about technologies like facial recognition, it can be used to benefit. it can be used find missing people. but it can be used for mass surveillance. and as democratic countries with a shared set of values, we need to build on those values and make sure, when we approach ai, we are doing it in a way that serves society. that means making sure ai doesn't have bias, that we build and test it for safety. we make sure that it is ultimately accountable to people. about 18 months ago, we published a set of

that is what the arguments are about satya nadella commenting like this.e are problems here but there are also problems in america. comment on america before you start criticizing us, and that is fair criticism also. sadia is widely respected and microsoft has done wonders in india. taylor: it's not all bad news. because you smartly pointed out at the beginning of this conversation that apple and samsung have had a different experience over there. they have been perhaps more welcomed and looked at receiving some subsidies from india to gain some inroads. what is the difference in tactics between the companies received well and those that are not? >> in the case of microsoft, i think there was just a glitch over here. the company is doing well and it is very well-respected. satya nadella is a legend in india because of what he has achieved. there is no issue there. amazon is a big problem here and the problem here is amazon itself. it is not the country that is the problem. it is amazon's monopolistic ways which are tolerated in the united states. they shou

of course last week, nadella had striking words about the threat of climate change bis has a piece onreen swans, threats to climate that could triger in their words some kind of systemic financial crisis >> sat nana della, i made the joke to him off cam camera, you can't see out of your window to buy windows, and he was saying well look, let's -- it's not funny. it's not funny that's going to happen if we don't get our act together >> the announcement from them in terms of being carbon negative by 2050 in particular, in other words we're moving all the carbon they put into the atmosphere as a corporation since 1975 >> since it started? >> it was fascinating. i thought tudor jones' comments during "squawk box" were interesting. the point he continued to make which is not dissimilar from what we heard from the business roundtable some months ago but this idea that shareholder return is not necessarily paramount now, and we're seeing it reflected to a certain extent and at least the dichotomy of candidates and the democratic nominating process for president, certainly warren and sanders,

taylor: that was microsoft's ceo satya nadella.eft noof google has doubt about how important he thinks microsoft -- important he things ai will be. he thinks efforts and framework to regulate ai is a great start. >> ai is one of the most profound things humanity is working on. electricity, or anything else we have worked on. it has tremendous possibilities, but real negative consequences. when you think about technologies like facial recognition, it can be used for benefit to find missing people, but it can be used for mass surveillance. as democratic countries with a shared set of values, we need to build on those values and make sure when we approach ai we are doing it in a way that serves society. that means making sure ai doesn't have bias, that we build and test it for safety. we make sure that it is ultimately accountable to people. 18 months ago we published a set of principles under which we would develop ai at google. it has been encouraging to see that european commissioners identified ai and sustainability as their top p

of the shares you sold the stock >> stock replacement i've owned this stock literally since sataya nadella got in. i still continue to believe he's the right guy. look at how the pe continues to get a little bit more stretched. i love the growth we've got in microsoft. >> apple's pe has been stretched. >> what is it? >> 25. >> and what is microsoft >> microsoft is growing. >> it is growing. >> like a weed grown over 20% apple has been declining. >> you read my notes earlier. >> i didn't read your notes. i didn't even know you knew how to write. >> serious, though. >> they're always going to have different multiples. >> i think this run in microsoft has been a great run sataya nadella is doing everything right they're killing it in cloud. they go after everybody and crush them look what they're doing in the head-to-head competitions in other cloud competitors i still think the multiple, however, looks a little rich at this point in time. i'm okay not owning the stock. i'm buying coal. i can still ride this thing if we get a good number if there's a miss or any kind of pull back, steve, i'm

mr nadella grew up in hyderabad — india‘s technology hub — but is now an american citizen. the league table of wealthy clubs, which is put together every year by accountants deloitte. the spanish club earned £741.1 million in revenue last season, according to deloitte‘s football money league. real madrid were second with 667.5 million, and manchester united was third was third on £627.1 million. man u are said to be at risk of losing their place as the premier league‘s highest earning club for the first time next year. that‘s all the business news. now it‘s time for a look at the weather. starring brendan has moved towards the north overnight. heavy rain moves northwards and eastwards today. it is already pushing in other parts of england and wales. still some snow over higher ground in scotland. the rain is heavier down towards the south—east of england. quite widespread gusts. 75 mph down the irish sea coast. there could be some disruption and travel issues later on today. temperatures across southern areas, 11—13. the rain will linger on overnight and that could lead to

. >> exclusive comments from microsoft ceo satya nadella.mer all day at microsoft hq waiting for arars to get the interview heing from satya nadella jim's big exclusive coming up. stick around to help you maintain balance and help keep you active and well-rested. because hey, tomorrow's coming up fast. nature's bounty. because you're better off healthy. ♪ nature's bounty. (announcer) treating others like we'd like to be treated... has always been our guiding principle. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call, we'll pick up and deliver your clubs on-time, guaranteed, for as low as $39.99. shipsticks.com saves you time and money. make it simple. make it ship sticks. shipsticks.com saves you i need all the breaks, that i can get. at liberty butchumal- cut. liberty biberty- cut. we'll dub it. liberty mutual

kantor that lake at stitch fix and big show with jim at 6 eastern time. >> could satya nadella be the ceo of decade. >> should be if you think about it, ibm -- people talk about ibm legacy business, the aircraft carrier in the middle of the ocean impossible to turn around. but microsoft is the same company and figured it out the knock on ecstatic microsoft that leaves levels if there is a knock at 28 times forward earnings, getting expensive. but you know what, it's seemingly growing into that valuation every single quarter. >> you had a negative headwind we always talk about price is truth on the show. you had a negative headline today. the stock does nothing but go up green on the day popped through a major resistance point was 150. popped there above 160. it's a different company now they're moving into what they should be moving into and they're moving aggressively there. they're going to where the puck is going to be i'm staying long. >> it's dan from a macroperspective not individual equities is there any concern at richard bernstein advisers -- we talked about it on the exchang

satya nadella, i know you worked hard to get that we can't wait to see it. now to kate rogers with a flash on dupont. >> moving higher by just under 1.5% on a bloomberg headline that the company is to explore divesting of its electronics unit adding it is working with companies to explore strategic options. once again this bloomberg headline on dupont, the stock is higher for 1.5% we will bring you more we have reach out to them for comment. >>> comingp, u bullish moves in a home improvement stock in two minutes ♪ where others see chaos, we see patterns. ♪ connections. relationships. ♪ when you use location technology, you can see where things happen, before they happen. ♪ with esri location technology, you can see what others can't. ♪ ♪ ♪ looking to get your business off to a fast start in the new year? it's go time! switch to comcast business and get fast internet on the nation's largest gig-speed network. plus, complete reliability with 4g lte backup. and, cloud-based security to help protect the devices on your network. greenlight your business in 2020 w

big day for mad, for jim, sat i can't nadella. good exclusive tomorrow.reeg to buy more energy from the united states with that deal me go gentle ceo of at thtellurl join us from d.c. next hey frank, our worker's comp insurance is expiring, should we just renew it? yeah, sure. hey there, small business owner. pie insurance here with some sweet advice to stop you from overpaying on worker's comp. try pie instead and save up to 30%. thirty percent? really? get a quote in 3 minutes at easyaspie.com. wow, that is easy. so, need another reminder? no, no no, i'm good. uh, yes please. oh. ho ho ho, yeah! need worker's comp insurance? get a quote in 3 minutes at easyaspie.com. >>> check this out, goldman sachs sold all of its shares of uber in the fourth quarter of last year, that's according to a source with direct knowledge of the move goldman reported earnings earlier today missing on the number, but handily beating on revenue likely helped by the sale of those uber shares. it appears the uber underwriter sold out at its earlier opportunity a

spent 26 years of his career working at microsoft alongside bill gates, steve ballmer and now satya nadellabrad smith had a front row seat to some of the company's biggest milestones. he is now focused on spreading the message beyond microsoft's campus with a new book, "tools

. >> the reason you want to hold on to it there was one line from nadella in the earnings report more broadly in the next decade. who cares what he says after that he is talking about the next decade when you hear ceos who don't want to talk about other thing and how they have done this. this guy took over the company five years ago and transformed it into the cloud company. it is amazing what happened with this company and the potential growth they have got i look at the p/e levels as long as the growth is there, yes, it is a little bit stretched where it has come from, where it was trading and where, et cetera now. >> let's look to amazon after the bell that was one of the stocks that was in correction earlier this week it is not right now. you own it what is riding on it tonight >> i think amazon is very different than a lot of the other companies we are discussing and maybe different from any other company that ever existed when it comes to earnings in one very important respect, which is they almost have the ability to choose what their earnings are going to be in any given quart

. >>> in his nearly six years as ceo, satya nadella transformed microsoft, a trillion-dollar behemothch so on the cloud, but a new part of the company's strategy for the future involves a goal to be carbon negative by 2030. last night on "mad money" nadella expressed to jim cramer about cloi mat change and having it a potential impact overall on the world economy. >> the science i think at this point is very clear. if the temperatures rise, i think the impact it's going to have, on the economy we enjoy or the capitalist system we all enjoy i think will fundamentally be in jeopardy if the planet, which is the resource, the factor of production that fueled all of our capitalist society is in danger. to me that's the existential priority >> it's been quite a week, beginning with the announcement of a fundamental reshaping of finance. now some people took it as talk from black rock and ceo larry fink i think it was significant in terms of their letter to the ceos, how they're focused on companies far beyond the metrics of earnings per share and revenues but including in a significant way

big part of that as well. >> the shareholders are hoping that it will have as big a transition as nadella. it feels similar in terms of insider, somebody in the faster moving parts of the business we'll see. i don't know anybody is going to map that same path but that's the hope. >> john fortt thanks for joining us lisa he will ills from moffitt nathanson. tell us why you think the stock jumped on the news. >>s in a move that investors have been waiting for. a ceo change at ibm, something to reinvigorate strategy around the cloud. as john highlighted, arvind is a technology leader of company, very railroad deep technology background and -- and pairing him with jim, i think investors are particularly excited about the pairing with jim whitehurst as president, coming from red hat from an external point of view i like -- and i suspect many investors like this kind of concept of putting arvind in the ceo and president role and bringing together both a longtime ibmer with an external person, their challenge is to try to catapult ibm's position in the cloud to a different trajectory than where

. >> we are talking about this, microsoftll, because ceo satya nadella is keynoting a big retail showtail is one of their most important sectors. generally speaking, web services amazon dominate the market, but none of the retailers want to work with amazon, which is one of their biggest competitors. you do not want to line amazon's pockets with cloud revenue. microsoft is working with a lot of these customers, like kroger and walgreens and now ikea, on a bunch of different things like store of the future concept. ways to help these companies e-commerce sites better, monetize, sell more advertising. things that will help these retailers do a better job of competing with amazon's consumer business. and, at the same token, these relationships help microsoft's cloud business compete better with amazon's cloud business. taylor: as you take a look at microsoft in your coverage, where do you see them able to expand some of their cloud offerings to really go more toe-to-toe with amazon? greg: sure. i would say, first, to take a step back, amazon is going to get a lot larger over time. howeve

bull case, bear case there was none the one thing that really shocked me was that if you saw satya nadellazure is doing, 60% growth for cloud these guys crushed it in cloud plus they talk about the love they have for same-day, $150 million prime, how that happened overnight. there's a page, not a page, they put out a five-page thing that's more important in many ways than what the numbers are of all the things they do, invented and what they're doing with alexa and it's just so impressive. they are not at all promotional in the conference call, but there was a moment when someone just said geez, how about the web service? is that doing okay the cfo said i don't know, if you do 30 billion last year and 40 billion this year, i think that's pretty good that was the most understated overdelivered number there's no slowdown. there is an acceleration, and i'm trying to figure out whether it's because the consumer is more robust than we thought, the international business is more robust than we thought or just crushing everyone in the retail business it's hard to tell. >> listen, don't forget ads

. >> satya nadella was speaking last night making a similar pitch. thomas also about what he thinks is going to matter over the next few years as he plans to gain share. he is talking about big customer wins he thinks that's what's going to move the needle. look for one of those badges to come with. that's the enterprise playbook look who we got, a big player, you ought to do it too microsoft is riding high post jedi >> high-profile customer wins. good for the enterprise and by extension to consumers, you know >> could well be >> all right great stuff, jon >>> speaking of another name, netflix shares up almost 3%. julia has more of that >> morgan, that's right. more no, ma'am nax -- nominations from the academy than ever before 24 for netflix in total. that's up from 15 nominations l.a. year. next is in line was disney, which grabbed 22 nominations, including its fox search light division netflix's biggest winner today, "the irishman," drawing ten nominations including best picture. its "marriage" story also winning. the question is whether netflix w

after i'm here on thursday, i'm going up to redmond to speak to satya nadella. >> that is going to be >> i've only worked for about ten years to get that one u. >> you deserve it. that is worth waiting for. jim cramer, thanks >> very excited. >> you should be as we all will be, too. thank you, jim alphabet, just a few billion dollars away from joining apple and microsoft, the after mentioned in the trillion dollar club, so which of these 13 digit stocks is your best bet? our traders will give your their picks and tilray share, stock down over the past year. but it has had a nice little puff up recently now that the hype has died down, is the stock ready to resume its run? the ceo will join us on "power lunch. ♪ ♪ ♪ ♪ don't get mad. get e*trade, dawg. the unparalleled landscape of park city, or the famed peaks of whistler, you've faced the hassle of lugging your gear through the airport. with ship skis, you're just a few clicks away from having your skis, snowboard and luggage shipped from your doorstep to your destination. with unrivaled pricing, real time tracking ship skis delivers,

a couple of weeks ago we spent time with satya nadella, the ceo of microsoft, and azure is better than clip and helps microsoft stay in the trillion plus club along with apple which delivered a stellar quarter this week alphabet is the third big player another proud member of the trillion dollars club until it was knocked out by the coronavirus selloff but alphabet reports next week and barring any events, which is a lot to bar, a good quarter will cement membership even though they're facing competition, sales grew $35 billion year-over-year and that is one of the many upsides in the quarter amazon is a treasure you should read their letter to shareholders you see all of the things that they're up to. you would be proud however, as i was pondering the trillion dollars club the market leaders for what seemed like ages are getting devastated. yeah, that is right. i was watching exxon and exxon reported one nor terrible quarter driving the stock down to levels where we haven't seen in nine years now exxon is considered a show-mshow show-me stock but a slow and steady oil stock safe and c

when i am looking forward to is nadella inm satya conversation with john mickelthwait, and a number ofe markets, we will talk about things that people worry about. inflation, inflation. the micro trough chief -- microsoft chief executive. tom: we are doing both. ♪ >> do you worry about the world fitting into two internet's, two systems? we see that with huawei. >> i do worry about that, but we need to develop more sophistication. chinaare big companies in that have already in some sense developed outside of what we have in the rest of the world, so to some degree the separations already existed and maybe will get amplified into the future. perhaps more than any other time, we need more global -- take cybersecurity. it is not like you can truly isolate yourself. ♪ trump: this is not a time for pessimism. this is a time for optimism. fear and doubt is not a good thought process because this is a time for tremendous hope and joy and optimism and action. but to embrace the possibilities of tomorrow, we must reject the perennial prophets of doom and their predictions of the apocalypse. stat

the satya nadella era. >> they're a dinosaur and they ever going to be any good.urns out, he didn't do everything right but he did many things right so as an investor you have to be careful here because ibm could be so -- >> well, i don't know the inner workings of ibm well enough to be able to say that specifically yes, they missed timing wise a bunch of transitions, particularly cloud they were trying to talk ai. >> i'm not sure that aggression alone is ibm's problem either they have to restructure so that some of the legacy businesses that are big revenue and big profit get moved to the side or find some different way to report numbers or tell the story. so that that gets rationalized but up to this point they have been focused on how they tell the story. i don't think the motion of how to tell it is really the issue. >> you think they're going to tell the story fundamentally do you think he's the guy that's going to go in there and say this, this, and this. >> these kinds of transitions are opportunity for that >> okay. stay where you are i want you to be part

. >>> still to come, microsoft's chief satya nadella weighing in the apple/fbi controversy we will tell said after the break. we are back in two or the famed peaks of whistler, you've faced the hassle of lugging your gear through the airport. with ship skis, you're just a few clicks away from having your skis, snowboard and luggage shipped from your doorstep to your destination. ship ahead and go catch those first tracks on fresh snow. ship skis. your skis. delivered. but we're also a company that controls hiv, fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. >>> it's been a non-stop series of record highs and price target upgrades all week long dow did top out 76 points to the upside but settled back a bit. a hwereanging in to 3322. we are back in less than three minutes. where's the truck? what? parked it right there. male voice: what did i tell you, boys? tonight we eat like kings! (chuckling) you're a genius, gordon! brake

part of the bet here, if you are inclined to bet on ibm, that the new ceo can be to ibm what satya nadella has been to microsoft? >> yes, i think there are a lot of investors who are making that leap saying we have a technologist who was not that well-known to the street coming in and replacing a business person and the parallels are really significant here and certainly, at that high level, they are. i would caution, however, that we are a much later in the cloud game than when satya took over at microsoft but also, the portfolios are really different and that is an important thing that investors have to recognize, that migrating from an application software company that -- to the cloud is far easier than moving from an infrastructure software company and hardware company to the cloud. and that has been a really significant challenge for ibm. yes, they could have been much more deliberate. yes, much of the money that was returned to shareholders in hindsight should have been been redirected in areas. but the cards that they are dealt with are intrinsically much tougher as a portfolio to m

seemed like an old tech has been if you will to this new tech cloud player and the job that satya nadella has done given your presence. >> they have done two things that impressed me. first they were a late sbrant into surveillance capitalism, followed the google playbook to the t. they are doing a lot of the is a same thing google does with the same problems. they have had problems in the artificial intelligence. they have had issues relative to data usage but brilliant public relations and really understand the importance of staying on the good side of governments i think microsoft is a stock looks really good compared to the other guys because, you know, it's like the two guys in the woods when the bear shows up. you don't have to outrun the bear just the other guy. they are so far ahead of google and facebook and even amazon that i think microsoft is great shape here. >> are you an owner of shares. >> i'm not regretfully. >> thanks for being here. >> fun to be with you guys thanks for letting me go long-term on you i know that's not the culture. >> that's roger we mike smart cultures

ibm is the exception to the rule where nadella has tripled the performance at microsoft edging it upand amazon as the world's most valuable companies these are things the insider can do knowing where the problems are knowing who you can trust, knowing the external challenges. he's a trusted known player than an unknown from the outside. i don't hold that against him at all. he also has a certain advantage, which is he's not piloting this thing alone. his chairman was the former ceo of continental airlines is hugely valuable with his relationships with the air carriers, which obviously is a pretty hot area of concern and his -- greg smith, his inside cfo, has always been head of strategy. he has a great relationship with the board. he's more than just a cfo. he's a wonderful culture carrier. >> before we let you go with a few moments left, let's talk about the situation at nike. this is john donahoe, another seasoned executive taking over the reins at nike. he's a tech guy. he's going to aconsumer products company what are the dynamics going to be like there? >> this is the challenge

other than elon musk of tesla who has gotten about as transparent and you could get but not as satya nadella from microsoft. >> jim, thank you for taking my call my question is on john deere, with the first phase of the china trade deal complete will it help the farmers and how is the coronavirus going to affect the company in terms of chinese consumption, and, by the way, i own john deere equipment and let me tell you something, nothing runs like a deere. >> i agree i own the equipment too. nothing runs like a deere. and it is ininstructable forget about china and phase one is good for them and the ag market is weaker with all commodities and great time to buy stock in deere how about miguel. >> caller: jimmy chill booyah from tennessee, my guy. >> jimmy chill is being tried by the tesla people who don't realize that i like it but go ahead what is going on. >> caller: so wrestle mania is near i know it brings a lot of our payment success, will it bring stock success for wwe? >> well i'm not as much of a fan. i like them when they were on. but you know what, you want to play it another way.

microsoft's ceo satya nadella said that his shareholders are on board because the company keeps deliveringn some sense, the way i look at it is hey, let's go after the core of what we're doing it's not about caring about material things. our shareholders -- >> i am always saying our shareholders are the ones are the ones who are giving us the permission to think about whether it is the affordable housing or it's the carbon it's our shareholders who care as much about this as anyone else >> don't you love him? he is great. and by the way, for all those who thought that i didn't really throw these the whole time okay microsoft stock hit an all-time high today, and it remains buyable. like mondelez. see? and not one broke. how about tesla? honestly, as i mentioned earlier, we don't really care how much that elon musk spends, do we? musk start using his money to advertise. that's a big way he is using it to build factories to help satisfy the voracious demand for car, his cars tesla doesn't need to spend to fight the competition. they already own the category. remember, he is in a different ca

adrian the men's 4th round of the australian open is shaping up to be filled with drama top seed rafa nadellafaced fierce rival and home saver curious the del who's bidding for a record equalling 20th grand slam title beat fellow spaniard pablo qur'an a booster took the 33 year old just one hour and 38 minutes to be kind of the set and streets at 616264 it's the 47th time as al has reached the 4th round at a grand slam tournaments. appearance beat russia's karen couch and also in a 5 set thriller he blew a 2 set lead and missed match points in the 3rd and 4th but eventually came through in a final tiebreaker to secure the win after 4 and a half hours of play it was the longest match of the australians career now plain as day the pair have been at odds with each other in the past but middel says he respects curios when he shows passion and respect for the game. they were and might be a lot of smaller players who may still be important for the tour when he's ready to play his best tennis player with passion is one of these guys one when he's doing the other stuff of course i don't like. world n

japan and story scrubs world number 2 who beat rough nadella in last year's final in the open faces diego schwartzman of argentina next. basketball star le bron james was not as dominant best on thursday as he reached a major landmark for the season the 3 time n.b.a. champion scored his 10th triple double of the campaign for the western conference leading l.a. lakers james getting 27 points 12 rebounds and tennis's helping his team down the brooklyn nets 128 to 113 as an effort seem to repressed one very special fan in particular james getting some love from former u.s. presidents a bill clinton. and it was raining threes over in portland the dallas mavericks nailed 22 shots from beyond the arc as they beat the trail blazers 133-2125 pounds are firmly in playoff contention sitting 5th in the west. liverpool have increased their lead at the top of the english premier league to 16 points on thursday they beat wolves 21 away thanks to a late strike by roberta from the new liverpool have now won their last 14 league. mexican striker having hernandez says he's not feeling any pressure being zl

chief executive satya nadella said he wanted to achieve the goal by 2050.e company will become "carbon negative" by 2030, removing more carbon from the environment than it emits. so what are businesses and councils here in the uk doing to make an impact on reducing carbon emissions? stroud council in gloucestershire was the first council in europe to be carbon neutral. green councillor simon pickering is chair of its environment. in siu now. welcome to you, thank you so for being with us. quite an achievement and i guess what we all wa nt to achievement and i guess what we all want to know is how have you done it was yellow it's a combination of a cts a cross was yellow it's a combination of acts across a whole load of different things. mainly insulating peoples houses, private houses to reduce their carbon emissions we've also insulated counsel houses and pumps and solar panels on them. cut the emissions in our counsel buildings, we also put solar panels on both of our latest sensors and combined heat and power boilers. we actually know how much carbon emi

microsoft is absolutely -- tip your hat to nadella. if jack welch was best in the first half of the century he is the best in the second half of the century. microsoft is up 58% since he came on board. where do you see the markets, paul? >> i'm uncharacteristic a little bit negative. not in earnings reports. when you have stocks with meteoric rises, report good earnings, gap up on earnings, there is nothing wrong with taking chips off the table. too many people get too excited. charles: facebook got a strong buy recommendation ahead of earnings. would you be in this stock, jason? >> only when i was calling it in the 60s in -- charles: other than your victory lap? >> no. it is too high. charles: full disclosure, i'm in it. >> all-time high, charles. >> here is jay powell. thank you, danielle, jason and paul. >> good afternoon, everyone, thanks for being here. at today's meeting my colleagues and i decided to leave our policy rate unchanged. as always we base our decisions on our judgment of how best to achieve the goals congress has giv

. >> and we will speak to more in davos including microsoft's satya nadella.uber. -- this is bloomberg. ♪ >> some breaking news crossing the bloomberg. more positive news out of the regional economy with south korean first 20 days of january exports coming in. falling .2%. chip exports are up by 8.7%. the first 20 days, rising 3% year on year. raking that down, exports to china dropping 4.7%. looking at the recovery when it comes to the demand side with china, certainly given that the first 10 days were fairly of 5%ve, we saw a growth to south korean exports. the first 10 days saw a little bit of a slowdown. the overall theme of the was almost 9%ns in the first 20 days of the month. it accounts for a fifth of overseas sales. this is particularly when it comes to chinese numbers. it tends to follow pretty closely. exports falling .2%. let's get a quick check of the latest business headlines. another player entering singapore's digital banking race. applying for a consortium that includes a japanese trading company. sinceave been operating 2017. the listed stock

satya nadella with microsoft. >> blackrock voted against 80% of the climate proxies >> tell me about their announcement. look, they're trying to become more efficient they're trying to move from using offsets to actually integrating renewables into their business. >> right >> and, look, that's all good. there's nothing wrong with what they're doing. we're making our business more efficient. every business is looking to be more energy efficient? >> anything at all are you doing personally >> we've got two and a half minutes left mike, what do you see happening with oil prices? a lot of people were surprised they didn't see a bigger spike in oil prices after the saudi arabia incidents. >> oil markets have really changed over the last decade or so we moved from a period of time where we were approaching peak oil and now we've got -- we're in an era of abundance it's really the u.s. and it's the unconventional horizontal drilling, hydraulic fracturing which has changed. so you have a market that's less prone to these volatile excursions so the prices today are not that different than whe

. >>> just a reminder, don't my jim cramer's big interview with satya nadella, coming up at 6:00 p.m.." ♪ ♪ ♪ ♪ ♪ ♪ don't get mad. get e*trade, dawg. >>> welcome back house speaker nancy pelosi slamming facebook during the weekly press briefing. ylan mui as more in washington. >> pelosi and zuckerberg have been on the outs since the doctored video of the speaker went virile last year and facebook refused to take it down today she called the company behavior shameful. >> the facebook business model is strictly to make money. they don't care about the impact on children. they don't care about truth. about where it's coming from all they want are tax cuts and no anti-trust action against them >> no anti-trust action. that could change in the neither future because today pete buttigieg became the latest presidential candidate to rip on facebook he told "the new york times" that no one person or company should amass that much power meanwhile the house judiciary committee is wrapping upigion is quarter. and guys they are expecting to hear from ceos themselves before it's over back to you. >

investment over the next ten years >>> then microsoft announced a plan to go carbon negative by 2050 satya nadella think what happens is if you're creating a lot of profit, creating more problems for people, i think it will catch up for you. as shareholders you always say our shareholders are the ones giving you permission to be able to think about it, whether it is the affordable housing, or that it's the carbon, it's our shareholders who care as much about this as anyone else. >>> and airbnb announcing it will consider all stakeholders when it comes to corporate govern usages, and employee bonuses will be related to guest safety let's bring in "time" editor at large and author of "wincer take all. thanks for joining us. >> last time i was here, i was walking with that book, and my arm was covering the subtitle, so a lot of the traders just saw "wincers ta err err err errs --l >>> let's dive into this story what was your take when you saw the blackrock announcement let's start with that. >> the blackrock announcement, like a lot of these are the corporate equivalent of new year's resolutions it's

ceo, satyaosoft nadella, with john micklethwait, taking place in davos.ange becoming a defining issue of our time, bloomberg dream uses -- green uses data to illustrate the scale of the challenge. you can find it online right here on bloomberg tv and radio. let's get you a quick check of the latest business flash headlines. apple is set to be planning a new cheaper iphone. suppliers will start assembling the device next month as apple tries to boost market share ahead of the arrival of 5g handsets later this year. it will unveil the lowest-cost handset in march. it would be the first lower-cost iphone since the se. shery: boeing plunged to a 52-week low. it expects the 737 max to return to service sometime in their love this year. it reaffirmed its commitment to aviation safety and says it is confident the plane will be cleared in the coming months. the faa says it has no immediate timetable for the return. boeing ports may cost $10 million. haidi: bank of america is planning to expand its presence on main street usa. brian moynihan told bloomberg he sees

we have xpologistics and tomorrow we have saty satya nadella from microsoft tomorrow worked hard to geton there with as your cloud david, when you talk about amazon not moving up, how about why? we'll find out >> that's a great interview. looking forward to that one tomorrow >> jim, we'll see you soon we're counting down to the 'rba ia ra dl. tdeea wee ckn minute but nature's by has innovative ways to help you maintain balance and help keep you active and well-rested. because hey, tomorrow's coming up fast. nature's bounty. because you're better off healthy. (sensethe lack of control when iover my businessai, made me a little intense. but now quickbooks helps me get paid, manage cash flow, and run payroll. and now i'm back on top... with koala kai. (vo) save over 40 hours a month with intuit quickbooks. >>> good wednesday morning welcome back to "squawk on the street." morgan is in for sarah dow up 117 s&p closing in on 3,300 now as we have an historic day in washington phase one of the china trade deal set to be signed at the white house this morning we'll bring you full coverage inclu

. >> satya nadella when i interviewed him said, listen, our shareholders have given us the right to go carbon negative. well, they have the right again. david, azure, which is the driver here, the cloud, up 62% do you know almost every line item in this thing was better than expected except for gaming and that's because they have a transition the margins are terrific it is just a solid call. if it were not for the coronavirus, i think this stock would be on a beeline to 200 it is a great quarter. apple is a great quarter too, but this is just the most consistent growth company that no one talks about no one talks about it because it's not in trouble. now you're going to have to start disliking me there's nothing to dislike between satya and amy hood they are one and two. >> if not for apple the other day, $11.6 billion in net income would take everyone's breath away apple reporting $22 billion. >> apple was talking about the numbers at the same time that the fed was talking. i was krconscious about the fed numbers are far smaller than what tim cook does. >> those numbers are incredible

. >> thank you, guys >> looking forward to your exclusive interview tom yo with microst's tyofsaa nadellamad money. blocking the pd-l1 protein, lets the immune system attack, attack, attack cancer. pd-l1 transformed, revolutionized, immunotherapy. pd-l1 saved my life. saved my life. saved my life. what we do here at dana-faber, changes lives everywhere. everywhere. everywhere. everywhere. everywhere. hey, our worker's comp insurance is expiring. should i just renew it? yeah, sure. hey there, small business owner. pie insurance here with some sweet advice to stop you from overpaying on worker's comp. try pie instead and save up to 30%. thirty percent? really? sure! get a quote in 3 minutes at easyaspie.com. that is easy. so, need another reminder? no, i'm good. reminder for what? oh. ho ho, yeah! need worker's comp insurance? get a quote in 3 minutes at easyaspie.com. with td ameritrade you've got courses, tools, and help from pros. it's almost like you're training me to become an even smarter, stronger investor. exactly. ♪(rocky theme music) fifty-six straight, come on!

satya nadella spoke yesterday as did michelle goss and when you want to look forward you have to fixw. amazon returns and is working. >> the returns are working we're seeing the traffic and getting new customers and we're getting a younger customer and to what we expected some of them are buying >> so companies like textile, it's 3d body scanning and they're all courting retailers here those looking for new solutions to improve their operations and improve what happens for customers when they're actually in stores >> meantime, uber is probably happy to be leaving 2019 in the rear-view mirror shares are now on the road to recovery up more than 25% over the past two months joining us to talk about whether the nightmare is finally over for uber investors, your managing director and senior equity analyst and tom white, senior research analyst, good morning to both of you >> likely going to grow faster and profitability on time. uber is building a bigger platform, global in scale. it's going to require more investment there's more businesses so they're going to appeal to different investo

emitted since the company was founded in 1975.it is a big goal and one that the chief executive satya nadellain to price a potential interest rate cut from the bank of england. interestingly, while the export—heavy ftse100 is on the rise, so is the ftse 250 midcap index, perhaps signalling that investors believe a rate cut could benefit uk plc as a whole. that's all the business news. some breaking news that the european parliament brexit coordinator he said he had been given an assurance that eu citizens who don't apply for the status in time won't get automatic deportation, downing street has now confirmed that eu citizens will not be automatically deported if they fail to sign up to the government settled status scheme by the deadline which isjune next year. as i say, the confirmation from downing street came after the european pa rliament‘s from downing street came after the european parliament's brexit coordinator said he had received assurances from the government will stop he did meet the brexit minister yesterday. now it's time for a look at the weather. the weekend is looking largely