and what kind of deal this with pepsico would make? ., , deal this with pepsico would make?ould make? ., ., .,, make? last month was the hottest june _ make? last month was the hottest june on _ make? last month was the hottest june on record, - make? last month was the | hottest june on record, and make? last month was the i hottest june on record, and it hottestjune on record, and it was the 13th consecutive month where we had record temperatures. and we need to address the major emissions points. and the food sector is a major emission — 25% to 30% of global greenhouse gas emissions, and we need to address that. small adjustments won't do it. it is about making changes in the value chain, and thatis changes in the value chain, and that is what pepsico is doing, with input from yara, but putting at the centre. and providing the farmers with a low carbon fertiliser with different techniques and tools, we'll be able to reduce emissions significantly and we're starting already now. so ou've we're starting already now. so you've done this deal in europe, but it's not the first

eastern, the june ppi tomorrow and second-quarter earnings, pepsico and delta airlines and for the opening bell, the big banks reporting earnings tomorrow, the preview and economic data coming up. european markets are mostly higher, take a look at the eurozone with gains across the board. an asia, green, the hang seng in hong kong best performer up better than 2%. the house passes the save act which makes proof of citizenship required to vote in federal elections but 198 democrats voted against the save act, what more can congress do to ensure election integrity out of november the rnc convection this week and, house speaker mike johnson is here live at 7:20 a.m. eastern with more on that. joining the conversation gop political strategist cook is here and joe borelli is here and strategic wealth partners ceo mark tepper is here. "mornings with maria" is live right now. ♪. maria: it is time for the hot topic on our. all eyes on president biden as he faces the next major test of the political feature in the nato press conference. the campaign is already trying to tamp down expectations. >> r

kimberly cheadle came to the secret service from tex pepsico. yes. but before she got to pepsico, she was a member of the secret service. so i, i, she, i think she said about 8 years, so i wouldn't think that correct. and that's why they had the readers mentioned because apparently pepsico owns to read out. so just so, so to the question at hand. so what that sound bite demonstrates is how off base benjamin netanyahu is, because he continues to try to equate judaism and zionism as being one of the same. and what that 1st young man and that other young lady were saying is there, there, jews, they're not zionist. yeah. and it's very important that, that people be able to make that distinction. yeah. so when they are saying that they are basically validating what we've been saying for a very long time, how can a people who's, who's suffered and endured the tragedy of a holler cause, turn around and impose those very same genocidal atrocities on another people? yeah, it's interesting. how can the united states funded back in and paid for? yeah, let's tal

kimberly cheadle came to the secret service from tex pepsico. yes. but before she got to pepsico, she was a member of the secret service. so i, i, she, i think she said about 8 years, so i wouldn't think that correct. and that's why they had the readers mentioned because apparently pepsico owns to read us. so just so, so to the question at hand. so what that sound bite demonstrates is how off base benjamin netanyahu is, because he continues to try to equate judaism and zionism as being one of the same. and what that 1st young man and that other young lady were saying is there, there, jews, they're not scientist. yeah. and it's very important that, that people be able to make that distinction. yeah. so when they are saying that they are basically validating what we've been saying for a very long time, how can a people who's, who's suffered and endured the tragedy of a holler cause, turn around and impose those very same genocidal atrocities on another people? yeah, it's interesting. how can the united states funded back it? it paid for. yeah, let's ta

pepsico y coca cola hayan eliminado el bbo de sus productos, pero aÚn lo tienen otras compaÑÍas.espaÑa a uruguay y presentÓ fuertes turbulencias que provocaron un aterrizaje de emergencia brasil. esta aeronave con 325 pasajeros a bordo, dejÓ una treintena de lesionados. >> cuando el aviÓn hizo un golpe o como que hubiera chocado, entonces me despierto y veo un seÑor que estaba dentro del fuselaje del aviÓn en el techo. y la gente que gritaba y corrÍa para todos lados. paulina: los expertos aseguran que este tipo de incidentes se debe a las llamadas turbulencias blancas, ya que no son visibles en los radares ni tampoco para el humano, y se cree que son debido al cambio climÁtico. eliane: colombia y brasil confirmaron su clasificaciÓn a los cuartos de final de la copa amÉrica tras empatar 1—1. el cuadro cafetero lo hace como el primero del grupo d, y brasil, el segundo. luis: buenas noches. colombia y brasil ha terminado aquÍ en santa clara, california, el partido de la copa amÉrica, en un empate. fue una noche donde se sufriÓ, se gozÓ y donde se celebrÓ un empate como si fuera una

can compared with pepsico, it had weaker than expected -- weaker than inspected -- expected revenue growtha-cola doing better than pepsi when it comes to beverage businesses? lauren: coca-cola has made coke cool again, that's the candid way of saying it. all of the investments being made in the brand, coke zero, leading the market, bottles and small cans, things like that investing in the brand. aligning with music, other brands, pepsi hasn't done the same thing in terms of success, comparing the two. that's interesting, you say that coca-cola is a big sponsor of the liv-ex. how does that show up in the financials. on the costs side it does as well. are we going to see a big bump up in costs for this quarter? direct marketing expenses were up in the mid teens, similar to the run rate on sales growth. it's amazing, they had good operating measures with that market. year in, you're out, coke is spending an elevated level. in terms of when it shows up that's the absolute level. it's always a something. always something to get behind in the summer. coca-cola, truly a global company. it only ge

i'm not, clearly, in tune with what pepsico's doing these days, but i would think that the forward look be more positive for them given the heat. liz: here's another interesting thing. your parent company, you effectuated and shepherded the sale of 7-eleven to a japanese parent called 7 and i. back in 2005 the company reported a 49% drop in net profit this morning partially due to seam store -- same store sales falling in north america. i know what you're saying, you're saying this is probably just a short-term trend, but this doesn't look so good, does it? >> i think they'll be fine. you know, 77-eleven, yes, we did, we sold the company in 2005 to the largest licensee, and they have a fabulous system over there. if you've ever been to a 7-eleven in japan, amazing. and what they're doing now, they're repositioning 7-eleven in the united states, bringing in new technology. there was a recent article in the "wall street journal" talking about this new technology that they're bringing. i think the future for 7-eleven is very bright. liz: let's just say it's bright today considering legions

pepsico reports. pepsico reports on the 11th not far from here. basically lowers the boom, says look, we're lowering our organic growth, sales, earnings estimates. i think that they're not too crazy about frito-lay. frito-lay is in the cross heirs of glp-1. this is the quarter where we hear people say we don't know about our volumes but they're not up to snuff. i think it's going to be the impact finally happening. you're going to get it from the basket and hear from some of the grocery stores. it's going to be difficult. no one wants to admit it. just like -- on the ground floor it's not cannabis or glp. suddenly you don't like jack da daniels a staple. >> conagra on the same day. >> jim, how about tonight? >> i'm going to determine whether nike will go up or down. nothing to do with my bet with david and starbucks. i'm going to tell it as it is. >> nike on the brain. >> remember john -- >> we got to know john when he was at ebay. >> excellent relationship. >> let's see if it survives tonight's piece. >> oh, boy. >> that does not sound good. >> j

. >> one lawmaker, even taunting cheadle, who previously worked in security at pepsico. you should be fired immediately and go back to garden. >> doritos cheeto revealed that a local swat team spotted thomas crooks on the roof of that warehouse, about 18 minutes before trump took the stage on the roof and cheadle says the secret service was alerted between 2 to 5 times about a suspicious person before the first shot was fired. >> but cheadle says crooks was not considered a threat until seconds before the shooting. as for why no security personnel were on that roof, cheadle, in an interview with abc's pierre thomas last week, suggested the slope of the roof posed a safety concern. but members of congress visiting the site yesterday, it's not that steep at all. >> we just had a 70 year old man back here climb up. >> and now senator josh hawley says a whistleblower told his office there was supposed to be a security officer on that roof, but that person abandoned their position because of the heat. multiple investigations have been launched into the security failures, but

pepsico and coca-cola have already removed bvo from their drinks.ll be found in the caffeinated soft drink sun drop. as always, i'll post links to the other stories you voted for on my instagram stories. an unexpected pair. governor newsom is releasing a new weekly podcast this month with oakland native and former nfl running back marshawn lynch. lynch's agent, doug hendrickson, will also be featured. it will be called politicking, but the hosts promise it will not be about politics. and instead, lynch and newsom will talk about what it takes to do their jobs. fans are expecting to see a new side of the governor, with the seemingly casual podcast it launches on iheart podcasts on july 15th. a bittersweet goodbye from one longtime warriors player to another on his podcast, draymond green says he wishes his friend klay thompson the best in his decision to leave the golden state warriors. take a listen. when klay told me, i was just able to listen, you know, and it wasn't like a yo we can finish like this or like you should rethink this. it was just li

secret service. prior to our appointment director to, to a senior director of global security at pepsico before her role at pepsi, she served 27 years and the secret service. for sure, the committee rule 9 g. the witness will please stand and raise her right hand. do you solemnly swear or affirm that the testimony that you are about to give is the truth, the whole truth and nothing but the truth. so help you god let the record show that the witness answered in the affirmative. thank you. we certainly appreciate you being here today and look forward to your testimony. were we normally limit testimony to uh, open statement to 5 minutes, but take all the time that you need. uh, obviously the rules that, that we will, and about that when you're finished with your statement, we will then turn to questions. each member will have 5 minutes. and just a note to the members, i'm going to strictly adhere to the 5 minutes. what's 5 minutes is up? i will hit the gabble. if the directors in the process of answering the question will certainly let her finish her answers. and then we will move on. we ha

as far as her job, going back to pepsico and guarding chester chinos than overseeing the president.this is an incredible failure on the part of the secret service. she has at all under control, to keep that job going just like that. the most disgraceful, arrogant, disgusting display of a public official ever that i've seen at a congressional hearing. and mass shooting within 2 to 3 hours you have 5 or 6 police agency heads at the podium evanescent details, how many shots were fired, what do we know about the shooting, she wouldn't answer the simplest factual questions. and some have asked jested they were. she said she knew the answers but wouldn't tell them. that's discussing, disgraceful and should be shown the door by representatives of both parties. stuart: biden never fired anybody in his administration. >> in this case this isn't an incompetent person who is incompetent resulting in bad policy, economic downturn. we almost saw a presidential candidate assassinated before our eyes on live television. murdered in cold blood by trying to protect his family. that's why he out to b

like -- >> we've got earnings is this a huge week for data second-quarter earnings kicks identify pepsicohen banks on friday, morgan stanley, chase, citigroup. >> i like financials a lot third allocate sector this year up over 10%,, the financial sector on average when up has been around 25 years up 15, out of 25 years, up 1%, streaks we're up 10% room to run jpmorgan made new hires last six earnings jamie dimon likes to be conservative with guidance always a storm brewing with jamie dimon watch jpmorgan, guidance citi wells fargo blackrock to next week when some other big ones goldman morgan report going to be fun to watch cheryl: fun to be, as person going to be breaking numbers for viewers an friday mike this is, mark tepper here last week made point under trump presidency financials energy sector are going to be big winks. >> i don't know about energy energy got smoked last trump administration ironic would by the opposite, where spectacular under biden administration but pro drilling, lowering price of oil not always the best for energy stocks. financials really interesting i was hav

this company's struck a deal with pepsico to cut fertiliser emissions in europe by 80%.lore their immediate economic priorities. and if this programme's not riveting enough for you, maybe it's time to try self—hypnosis? we'll examine the latest well—being technique claiming to help with stress and anxiety. welcome to business today. i'm tadhg enright. the czech billionaire hoping to buy the uk's postal service, royal mail has pledged to continue delivering letters to all uk addresses six days a week "as long as he's alive". daniel kretinsky sat down for an exclusive broadcast interview with the bbc. he said he was willing to share profits with the company's 150,000 employees, but he's not keen on the idea of employees having a stake in the business. that's a key demand from unions in return for their support. our business editor simonjack started by asking why such an important national asset should be entrusted to him.

before president biden tapped her for her role, she was glow glowingal security at pepsico and was in the secret service and served on biden security detail when he was vice president. has the vetting process become les strict? sgls as a veteran, i don't care what race, religion, creed you are. i don't care what the person looked like, i want that person to do their job so i can get home back to my family after combat deployment. >> madeleine: pushing back on criticism surroundings dei saying no time has the secret service lowered standards and cheatle and saying they will work on oversieth agz yash. >> brian: the nation reals from this assassination attempt as staffer for thompson is fired after posting on facebook, a quote, don't miss next time, just after the shooting. lee zeldin was wons attacked on the campaign trail in 22, he joins us now. shot at the president, we have not had since 1981, your thoughts about benny thompson and his staffer? >> he was wrong to push to get rid of secret service and sets culture inside his staff. for anyone who follows him, when you see a staffer c

this comes with new warnings around the kconsumer that includes commentary from bellwethers like pepsicooting subdued demand in north america. conagra missing the sales for the fourth time in five quarters. the company lowering fiscal year earnings guidance as consumer adjust to higher prices. joining me is scott muskin. good morning to both of you. great to have you here. >> good morning. >> we are getting the data out about retail sales the same time we have the prime day sale. it is a record year. that's very interesting. at the same time, you say the discounts are deeper than last year, especially for consumers. last year, discounts were about 12%. this year, they are 20%. what does that tell you about sales being up and discounts deeper? >> the numbers we saw from adobe is what i have seen across promotions are tame in what is essentials. essentials is having more of a discount from last year. target and walmart are bringing that in. where hei see the deeper discous are home goods and garden. that needs to have the promotions. >> you say people aren't buying that. scott, i want to c

fractional moves into second-quarter earnings kicks off this thursday and fly we are going to hear from pepsicoairlines with quarterly numbers tomorrow followed by major banks jpmorgan chase wells fargo citigroup on friday piper sandler chief investment are strategist michael can't wisconsin thank you so much for being here your are take second-quarter earnings season most recent report was great highlighted which companies will likely miss earnings expectations second quarter walk us through it. >> every quarter beginning of the quarter we publish a list of stocks ranked by likelihood going to miss earnings from highest most likely to miss down to lowest what we look at is three things that we found to be, helpful in determining find inning out companies likely to miss one, being how estimates dispersions certainty of wall street analysts around the quarter earnings are we find them more dispersed more likely company going to miss more uncertainty there second is how cyclical a company is sensitive toen and flows of the business cycle the third one just their actual history of missing, in this

brother-in-law, tony west, he's the current general counsel of uber and the former general counsel of pepsico. before that, he was the key justice department official who did his best to fight for the american people against the banks responsible for the great recession. you better believe he knows something about the internet and our great american tech businesses. through the help of west, who i hope would be a close adviser, there could be a conversation between the people who run these companies and the president of the united states. right now, there's not much discussion. with biden, it's done through the regulatory agencies. the megacaps are often seen as too powerful. in a harris regime, mega isn't per se banned. you may say isn't being kind and civil in understanding megacaps good for our country? you come to me to learn my view of big business? you want to know my feelings about taiwan and whether they should be punished for taking our businesses? no, you don't. you want to know how to make money. i'm saying to you that harris would be more understanding president than biden when it

earnings coming up, getting the beginning of the earnings season, delta coming out with their earning, pepsicoen we get plenty of fed speak. lots more to hear from the likes of cooks, bostic for anyone watching the central bank space. also coming up, nato leaders call out china's military support for russia. we take a look at how the alliances planning to continue its support for ukraine, next. this is bloomberg. ♪ (♪♪) (♪♪) beaches rhythm and blues caribbean sale is now on. visit beaches.com or call 1-800-beaches. >> welcome back to bloomberg daybreak: europe, nato leaders have issued the alliances strongest ever language calling out china's military support for russia, that's amid reports that beijing is developing an attack shown for the conflict with beijing. pretty notable that nato came out this declaration yesterday, was very strongly worded, specifically about china, what is driving the alliances concerns about beijing's support for russia? >> good morning, they label china a decisive enabler of russia in strong language. a concern from nato is that china is providing dual use componen

pepsico, i think they raised price too much and the consumer is balking at the price of potato chips.> pepsi volume, down. frito volume, down four. they made it up. they made it all up in price. >> i've got to tell you that i think they're going to have -- i think they may be out of value. i think they literally have to kind of make it so that they do cut price a little bit. now, conagra did a food promotion, and that's why i think that stock shouldn't be down, but carl, when i look at pepsico, what i say to myself is, somebody has to bite the bullet. now, i know costco, which we'll be talking about, has said the only thing that hasn't worked for the premium kirkland signature brand is they've never been able to knock off soda. they tried to knock off coke and pepsi, they couldn't. but frito lay, i checked in my ollie's army, they are discounting potato chips like they're going out of style. he herrs. from philadelphia. >> why do you think that is? discounting these chips? >> potato chips got too expensive. >> they did? >> not that he would -- pepsi is going to say that. they're very

. >> it was the pepsico ceo who was making some cautious comments today about the consumer which goes to the point that some have made on this program. the economy is weaker than you think and the fed should go in july. >> if that's the case -- by the way, i want to be clear. i run an equally weighted strategy. if i look at the tape, i'm happy with the performance, but i don't trust it. the reason i don't trust it is if the economy -- i don't think we should be using the word recession. i think that's not something we're putting on the table. if we're seeing softening, then you have to call into question the ability to have the type of earnings growth that's needed for these cyclical stocks to have expansion. i know where i can get the earnings growth. i'm going to get the earnings growth surrounding the a.i. story. certainly taiwan semi told me that the other day. i'm calling into question the cyclical earnings growth if we see the soften economy. >> i'll bring up a stock example. i was going to do it in the next block, but let's do it here. delta airline is the perfect example of ev

she was director of global security at pepsico which owns doritos and frito-lay and a coownership situationh those companies hence the remark about the reader, congressman. >> yes and ironically frito-lay is in the district to represent. at the end of the day she did not show the leadership necessary right after the shooting never read before it. she should have secured it into what a president has the threat coming from iran she did not do that. that almost co cost of president trump's life and it cost corey comperatore his. once the shooting occurred she should've been on site that day but she never even visited the site she never visited. she did not call the secret service team that was ever 72 hours she lied to me when i asked and she called them the next day which i knew is not true because of a whistleblower. i just wish he had been fired rather than resigning but i'm glad she's gone for you are satisfied with the resignation? >> yes she does not need to be running the agency anymore you points that you never want to see h is happen again you're absolutely right. we need to figure ou

we're going to hear from pepsico, we're going to hear from delta, that's thursday.ve got jp morgan chase, wells fargo citigroup. we're kicking off those numbers. wall street journal is writing this, companies are expected to report the biggest quarterly profit jump since early 2022 as earnings will test investor faith in big tech stocks. let's bring in pro chain capital president, david tal. we have a lot on tap this week, the first full trading week for the month of july. what are your expectations? >> my expectations is that the market will trade flat to sideways until we start to get a real feel for earnings season. it could very well be that this will be a successful earnings season. if so, i expect the entire market to be lifted higher and if earnings start to come in disappointing, we'll see some of the highest fliers give up some ground. i think that -- and those that have beaten, not necessarily succeeded, because we haven't seen the scope of market breadth to the upside as people may think from watching the averages, nevertheless, i think the stocks that ha

we'll hear from pepsico and delta air lines tomorrow, thursday and the major banks really kick thingsa big you way with jp morgan chase, wells fargo, citigroup, reporting second quarter numbers on friday. oil giant bp expects to book an impairment of up to $2 billion for the second q they're warning that weak oil trading and lower refining margins could hurt earnings. i don't know if that's an industry thing. that's what we're hearing from bp. take a look at oil this morning. still elevated at $81.25 a barrel on crude oil, ryan. so assess from your standpoint. >> yeah, well, i think earnings is the biggest bright spot. we're going to see probably close to 9% earnings this quarter for the whole year it's going to be something like 11% growth and next year looking at 15% growth in earnings and remember employment follows earnings. if your company's making more money what do you do, you hire more people. i think the soft patch in employment, 4.1% which is historically very low by the way, is going to keep the lay pour market very strong and look, we've all talked about this morning, soun

for stocks going forward, the second quarter earnings season kicks off this week when we hear from pepsicollowed by the major banks on friday. charlie brady at a fox says that s&p earnings are expected to be up 10% from last year with revenue expected to be up 4% from a year ago. do you believe that's what we're going to see? what are your expectations for profits? >> yeah, no, i do think we're going to see the overall broad market earnings growth of about 10% over the course of last quarter. but what's most interesting to me is that you're seeing kind of this changing of the guard happen whereby the healthcare sector in particular, healthcare has been a complete drag on earnings and on market can performance over the course of the last year and beyond and all of a sudden that's set the change. i mean, healthcare is expected to be the second best sector with earnings growth of over 20%. maria: wow. >> actually, better than tech. so you're starting to see some opportunities kind of arise out of that and overall healthcare's outside of the glp-1 drug companies, healthcare has been a losing s

second quarter earnings will kick off today with pepsico crossing earlier, beating on earnings but missingn revenue, facing weaker demand for snacks and sodas in the u.s. detadelta air lines, stock is getting killed, down 9 and-a-half percent. we'll hear from the major banks, jp morgan chase, wells fargo, what's your assessment so far and expectations for the second quarter profit season? >> what we today so far, we look at trying to get a good read on the consumer and we know the consumer's been spending less money on goods and more on services, of which travel is certainly one of those key components of services and you see that the forecast for delta's incredibly weak. and maria, i talked about this a few weeks ago but there was a report that came out that said that it's not just lower income people that are struggling right now. families making $150,000 a year and above, one-third of those families have said that they don't know how they're going to make ends meet over the course of the next six months. so you know, the contagion is spreading. when it comes to pepsi, this is glp-1 casu

look no further than pepsico and conagra.e're seeing the impact of disinflation start to hit earnings. how big of a risk is this, especially given the fact that investors have very high expectations for this season? >> that's a great point. and expectations are pretty high across the board. there's not one spot where it's necessarily outrageous. this is why i don't want to be chasing small caps here. we saw in the last nfid report on small businesses the company's plans to raise prices are fade. that's probably because they can't raise prices anymore. if you can't raise prices and you have sticky labor conditions rngs you're going to have to lay off more and more people. i think what we're setting up for is we've seen a pop in multiples for small caps. they're not cheap, trading at 16 times earnings. they were cheap a year ago in october of 2022. what we're going to see is reality hit. you're going to see stocks that have just seen expansion, rates are down, inflation coming down. inflation coming down is a pricing point of -

pepsico -- right at at the purchase intent movement. think pinterest is a place you can reach lot of people in a noncombative setting wheretiers can say i want problem hobbyists and i want people who are just kind of -- making their decisions about certain products early on and going right through. it sounds like that you are seeing similar -- maybe even better work on pinterest. >> yeah, pinterest again is one of those names that's breaking to the upside. and you are exactly right. people go to pinterest to discover things. but they also have a very good navigation and very good app. >> better and better. >> yes. you know, reddit might be the exact opposite of that. they get good content but it's hard to find. what's fascinating to me on pinterest is it's the first example that we can really focus on where their ai related products collage we're actually seeing that impact and ultimately for ai in our opinion, to be hugely successful you are going to have to see the applications and this is one of the early winners of the applications.

thursday we've got pepsico and delta. big banks is the kickoff with jp morgan chase, wells fargo and citigroup. wall street journal writes this that s&p 500 companies are expected to report the biggest quarterly profit jump since early 2022 as earnings will test investor faith in big technology stocks. does that ring true with you, jamie? >> well, cheryl, good morning. it's no doubt that everybody's paying attention to the magnificent seven but they're completely ignoring the rest of the market and profit growth in other sectors are just as strong as communication services. healthcare, you look at fact set they say you'll see earnings gloat growth at 18%, healthcare, 17, is right behind it. we've seen analogies being drawn to the '90s with the tech runup. one of the things people have foregotten, there was another sector that did very, very well in the '90s and that was health care and the same is true now except we've got run-away stock prices in technology and people ignoring and see the healthcare sector underper and i

will hear from pepsico and delta airlines on thursday in the major banks, j.p.ase, wells fargo, citigroup will report second quarter on friday that will likely set the tone for markets. let's get ahead of it atomic wealth advisor founder and president mark avallone, great to see you, second quarter earnings season about to kick off, your expectations? >> we expect the earnings to be strong and obviously the wall street does as well because stocks have been bit up, there's good reason for, the underlying economy remains strong and we can question whether that will slow down or not we have huge government spending as an undertow for this with infrastructure in the chips act in the green energy bill we have to remember that's trillions of dollars being released into the economy, the a.i. boom whether it's a tech company that is going to benefit directly as a direct participant in now we have all these expectations that earnings are going to be boosted for companies that are using it embedding and their processes getting more efficient. if you take that with the con

stuart: let's get to pepsi as in pepsico. they've been putting prices up, so why they down?ices 5% in the quarter, but their volumes fell 3%. no pricing power anymore. they make lay's, right? doritos. those sales fell 1% just in the month of june, and there's also the private label brands that a lot of consumers are gravitating towards because they're cheaper. stuart: we've got some news on one stock that's been going up, it seems like pair bollically, and that's microstrategy. they've got, i think it's a 10 for 1 stock split? are they like nvidia? lauren: at a $14000 a share. -- 1400. as bitcoin prices hit that all-time high back in mark -- march, their stock hit almost $2,000. so now because they own the most bitcoin of anybody, basically 1 of all bitcoin out there, they're probably looking at washington and saying, oh, donald trump might be next president of the united states. he's a proponent of bitcoin. they're now making their share price more accessible to regular people with this 10 for 11 stock split -- 10 for 1 stock split that goes into effect august 1st. stuart:

. >> you're director of global security at pepsico before her role at pepsi, she served 27 years in thersuant to committee rules nine g the witness will please stand and raise her right hand. do you solemnly swear or affirm that the testimony that you're about to give is the truth, the whole truth, and nothing but the truth, so help you god let the record show that the witness answered in the affirmative thank you we certainly appreciate you being here today and look forward to your testimony were we normally limit testimony to opening statement to five minutes, but take all the time that you need. obviously the rules that we will abide by when you're finished with your statement, we will then turn to questions each member will have five minutes and just a note to the members. i'm going to strictly adhere to the five minutes. once five minutes is up, i will hit the gavel if the directors in the process of answering a question will certainly let her finish her answers and then we will move on. we have we're going to have about 100% attendance here today, plus a few additional add-on. so

she came from, like pepsico or something. so she's a she's a she's an executive.ust a corporate executive, you know, treating it like that. well, there is a lot of that. you know, i think that goes across a huge range, not just the secret service and government, but everything now has so many multiple, multiple considerations. the dea is one of them. obviously, net zero is a similar thing. there's so much confusion. free market capitalism works pretty well when all you're trying to do is provide value for shareholders. yeah. you know, if you know that's what your aims are, then you really focuses the mind tremendously. well, you know, and you let adam smith take care of the rest of it. but we're not allowed to do that anymore with, nick dear's all around. so that's part two. all done in part three. we've got a boxing burka bust up, jeremy vine falls further in our collective estimation. and the n word can you say no, obviously you cannot. so we will be skirting welcome back to headliners. leo, a riddle which jabs are banned in women's boxing. so, france has banned

pepsico. we have the border still being overrun we still have people struggling to make ends meet. so, on the economics, to me, that's still the big -- we are talking about foreign policy tonight. but, the economy, stupid, still reigns supreme, i think. >> stops true. it's basics. look, when your basics needs are not being met. i think that's how you are always going to vote. and people are struggling. just to get by day to day. they are struggling to pay their rent. to say buy a house right now it's twice as expensive as it was when donald trump was in the white house. when you can't get by day-to-day without your life being immensely harder, which it is for so many people, you have to take a look at what's been going on and say well, something has to change. you can't go wrong when you go back and look at donald trump as president. and that is what we are going to continue to talk about with the american people. inflation was low. we were energy independent. we had a secure border. our standing on the world stage was strong. it was peace through strength. and you had peace agreem

but, you know, we had bad news coming from pepsi tonigh have tg pepsico. we have the border still being overrun. we still have people struggling to make ends meet. on t econoso on the economics, , that's still the biggest fear, talkin n g about foreign policy tonight. but the economy, stupid, is still still reigns supreme as a theme. i thinme, i think.k it's -- it'. it's the basics. and look, when your basig met.ce are not being met, i think that's how you're always going to vote. and people are struggling just to get by day to day. ing tothey're struggling to payv their rent to buy a house. right now, it's twice as expensivee p was in as it was when donald trump was in the white house. when you can'tto-day get by dayan to day without your life being immensely harder, whicy ph is for so many people, you have to take a look at what's been going on and sayng h say, well, something has to change. you can't go wrong whend loon yo back and look at donald trump as president and and thann is what we are going to continue to talk about with the american people.. i

a check on pepsico shares in the premarket down nearly 2%. expectations yet revenue did come up shy. organic revenue rose 1.9% versus a 2.9% estimate. demand is slipping after consistent price raises from pepsico especially in north america. revenue and volumes drop year-over-year. prices for the most in demand luxury watches slipped on the secondary market last month extending a two-year decline. the bloomberg watch index fell 1% in june for a total decline of 8%. bad news for speculators who been snapping up watches. reading that could be other asset classes get the s&p for its part is up 27% over the same time periods. the only brand to have gained among the 50 traded watches was cartier up 2% in a year. that's your brief. jonathan: i'm not sure i would wear that in new york city. lisa: i've heard about this and i've heard about how it's happening in a whole bunch of different places. it has been a problem and a lot of companies, a lot of restaurants are saying they are trying to install more security and cameras. how do you protect your s

prior to her appointment director cheatle was senior director of global security at pepsico. before her role at pepsi she served 27 years in the secret service. pursuant to committee ruled 9g the witness will please stand and race her right hand. do you solemnly swear or affirm the test when you're about to give it's a truth, the whole, and nothing but the truth so help you god? >> at the record show the witness answered in the affirmative. thank you. we certainly appreciate you being here today and look forward to your testimony. we normally limit testimony to opening statement to five minutes but take all the time that you need. obviously, the rules that we will abide by, when you are finished with your statement, we will then turn to questions. each member will have five minutes. and just a note to the members, i'm going to strictly adhere to the five minutes. once five minutes is up i will hit the gavel. if the directors in the process of answering a question we will certainly let her finish her answers, and then we will move on. we're going to have about 100% attended to

she left and worked for pepsico and then she came back.he secret service. she had guarded him and his wife, doctor jill, when he was vice president. and so she, you know, she certainly should have had the experience and the knowledge to know how many guards were needed and that the buildings such as that, that rooftop, just a mere metres away from where donald trump was speaking, should have been secured. >> okay. astonishing stuff. ray addison. thank you very much. now don't go anywhere. we'll have much more reaction to this story. and also the bibby stockholm barge being scrapped d scrappe by scrapped by the a very good afternoon to you. it's 4:00 pm. and welcome to the martin daubney show. we're on gb news broadcasting live from the heart of westminster and all across the uk on today's show, after scrapping the rwanda bill on day one today, labour has dramatically axed the bibby, stockholm barge or asylum seeker camps at raf scampton and raf wethersfield, next to be scrapped but with no signs of illegal immigration coming down any time

jill biden, the president's wife, it was through her patronage, as one of the former executives of pepsicoopinion , should be addressed first of all, equality , inclusivity and accessibility, well, in general, everything that liberals love so much, as soon as i sat in this chair, i realized that we must attract different candidates to work, trump from the stage after the shooting, i especially remember a bodyguard who, for some reason, grabbed a pistol and then was not immediately able to get it back into kubura. it is not surprising that the very next public event, at the party convention in milwaukee, at which trump appeared, there were no female bodyguards in his entourage. however, according to many professionals, trump’s entire security team demonstrated poor preparation; for a full 9 seconds after the assassination attempt, he stood on stage, raising his hand with a clenched fist, and if thomas matthew crooks had an accomplice, he could very well see the matter through to completion. the head of the secret service has many questions, but she has so far refused to answer them in congr

let's not forget her brother-in-law is tony west, who is a former general counsel at pepsico, then wasith the justice department and is now the general counsel of uber, and you tell me if there's someone who's more sophisticated and knows more about business and the west coast than her brother-in-law, who would be an amazing advisor. they're close. and i just keep thinking, this is going to be a globalist versus nativist, not nationalist. nativist. >> yes. >> populist in terms of the republican party versus pro-business versus the democrat, international business. these are very big differences, and i have followed her career and followedbiden's career, and if anybody -- biden didn't hurt the stock market at all. it's pretty amazing how well the biden administration's done, but this whole idea that she's a clone of his is completely wrong. she's very -- she's much more moderate than he. >> you think it's a net positive for the markets? >> absolutely. >> and for american business? >> absolutely. there's no doubt about it. move to the center. a person who, if she comes out hard on crime

before appointment, she was senior director of global security at pepsico.th, so help you god? let the record show that the witness answered in the affirmative. thank you. we certainly appreciate you being here today and look forward to your testimony. we normally limit testimony to opening statements of five minutes but take all the time that you need. obviously, the rules we will abide by when you are finished with your statement, we will then turn to questions. each member will have five minutes, and just a note to the members of — i will strictly adhere to the five minutes. once five minutes is up, i will hit the gavel. if the director is in the process of answering a question, we will certainly let herfinish answering a question, we will certainly let her finish her answers, and then we will move on. we will have about 100% attendance today, plus a few additional add—ons. this will be a lengthy hearing and we want to make sure every member gets there five minutes uninterrupted to be able to ask these important questions in this bipartisan hearing today.

we will hear from pepsico and delta airlines. >>> our next guest says investors are increasingly concerned turmoil. we will bring in amy wu silverman at rbc capital mas markets. amy, concerned about political volatility. we have not seen it so far. >> the market has been san docsanguine. we are tenfold volatility points below what is normal. below what we've seen in past s cycles. i think the french election, becky, is a good example. you got the volatility with the win from the right and then what happened with the left . it canceled each other out. that is why we call it a paddling duck market. >> you think there are risks associated with it. you mentioned too sanguine with all this. >> i'll give you one interesting stat. prior to the presidential election, you had volatility on the november election day actually starting to bump up a little. after the presidential debate, it actually compressed. what was the market trying to tell you? i think it was sort of saying, okay, if you get on the democratic side enough of a volatility will put trump ahead. maybe that makes the election more dec

jonathan: pepsico was telling them that maybe the consumer is close to be tapped out.mer stocks that are worrying and this goes to the conversation with dan greenhouse, do you know what is in the russell 2000? there are a lot of consumer names, do you know what you are buying? this is an unrelenting rally. except for today, it is over performing. jonathan: the next time you sit down with strategist who tells you they are long small caps and you should be, too, just see how many companies they can name. coming up, brian weinstein with morgan stanley, and treasuries all over the place. we will talk about the shape of the curve, the steepness of it. i'm interested in the detail. what is behind it? is it led by the front-end? is it the politics or the economics? dani: how much of this is using politics as an excuse for a trade you have called for for the entirety of the year? so many people have called for curve steepeners. the politics gets little bit tricky. jonathan: the whole curve shifting a little bit higher. the 10-year by 2%. 4.1750 on the u.s. 10 year. this is blo

cost-cutting and boosting promotions of its most popular brands, including doritos cheetos and lay's pepsicote, there is some value to be given back to consumers after 3 or 4 years of a lot of inflation. all right. still ahead in the next hour of the kron, 4 morning news police continue their search for this missing girl around the bay area. has her family please with the community for help? >> plus, passengers are forced to evacuate at sfo after their plane fills with smoke. what fire crews are saying caused that incident. and as the heat continues across the bay area, officials are warning the ways to stay safe after multiple deaths that could related in the south bay. stay with us. the kron 4 morning news continues with those stories in just a moment. >> now on the kron, 4 morning news. police continue their search for a missing 3 year-old girl after her father who she was last seen with is found dead in san francisco. plus, a scary scene at sfo yesterday as the plane was evacuated after the cabin filled with smoke. >> from the area's local news station, you're watching the kron. 4 mornin