that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> welcome back, it is 7:12 as we take a look outside at the city of oakland. a well-known movie theater in the east bay is going dark two nights per week, so to keep the lights on, the owner of the orinda theatre tells andrea nakano he is hoping more customers come his way to help offset the skyrocketing power costs even though the place is now a bit harder to spot. >> reporter: normally this place would be lit up, but not anymore, as the pg&e bills go up, this place is turning off the light to save money. derek's love for movies blossomed at a young age, he tried a little acting, directing and producing but now he's the owner of the orinda theatre. >> one day i said i was going to own a movie theater. >> r

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.g to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. caroline: time for talking tech. elon musk's starlink claims is relative high-speed internet and italy is being instructed by telecom italia. the possible repercussions for services across nothing europe and north africa. the u.s. is asking south korea to adopt restrictions on semiconductor technology exports to china similar to those washington has already implement it. it's another sign the biden administration is trying to thwart'beijings chip ambitions. japan has approved 3.9 billion dollars in subsidies to chip venture rapidus. the economy minister said the additional funding will help them by chipmaking equipment and develop advanced back in chipmaking processes. ed: what a name. catching up in chips in is ca

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.ing to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. katie: time for social climbers. first up we have the online insight match getting downgraded. fighting concerns over tender's saturation. they are not innovating enough to attract more users. younger daters are looking at snapchat and tiktok to make connections. netflix reporting after the closing bell today. expecting to report another strong quarter of suppressed -- of subscriber growth. and we have the restaurant chain tgi friday's planning to go public after merging with its u.k. franchise. headquarters will remain in dallas. you can follow all the latest on your bloomberg terminal. coming up, the stock popping after announcing earnings. we will speak to john doyle, next. this is bloomberg. ♪ do you want to

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.ing to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from studio one to studio three. when you start small, you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. make more of what's yours. sonali: it is time for the stock of the hour. american express topped estimates in the first quarter. revenue jumped 11% and expects full-year revenue declined 11% as well compared to 2023. the ceo told bloomberg, "the softness in the business is small businesses

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.ing to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. ed: let's get back to those breaking news headlines out of washington, d.c. in the house, ukraine aid and tiktok ills have cleared a procedural hurdle. kailey leinz is in washington, d.c. we are waiting for a summary on the comments from johnson. what do we know? not good quite, we will get to kailey when she is ready. separately, chuck schumer is speaking and saying lawmakers should plan to work this weekend. in the context of the tiktok bill, the divest or ban bill, we have

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.oving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. francine: emma grede has made a personal fortune by founding inclusive and progressive clothing companies. good american was the biggest denim launch in history when it made $1 million in sales on its first day. she tells me about her success and the challenges that remain across the industry. has fashion done -- it hasn't done enough when it comes to inclusivity and diversity, but has it done something in the last five to 10 years? emma: it's interesting because fashion, as quick as it is to change, like in the kind of aesthetic, it is very difficult to change a system, right? and i think that comes down to who makes decisions. and the people that make decisions in fashion, don't typically look like me. they a

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade brilliantly with schwab. [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ [thunder rumbles] ♪ ♪ >>> welcome back. we're live from the sohn conference in new york city. joi

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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which isetty un-boring if you think about it. ed: breaking news, reuters is reporting that tesla has scrapped plans for a low-cost car. reuters reporting that tesla has scrapped plans for a low-cost car. the stock is down 5%. there was an idea that a model under 25,000 was coming. there was a big impetus to doing it, they delayed it and it was back on the table. reuters citing sources on the story we will get on the phone and ask elon musk and other executives of this is true but the reuters report is that the pavement is they go back to focusing on robotaxis. build the vehicle where ownership is not important. they were looking for control of the fleet. caroline: long-term this was the 2006 master plan you can build expensive cars but 25,000 seems to all be too much. the competition coming from china do you think that is the case or is it the element of margin? ed: were supposed to be between two waves the next wave was to be built on the cheaper model. let's be patient. the stock is reacting

it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> and we thank you for joining us this morning. it's wednesday, hump day. april 3rd. >> let's get started. >> we were in shock, you know. and just because the scare of the earthquake is tremendous. >> my mom was so scared. my mom was even crying. and then -- i told her to hide under the table. >> taiwanese americans worried about their loved ones overseas. this morning, a look at the devastation on the ground after the strongest earthquake in more than two decades rocks taiwan. >>> much more foot traffic on -- embarcadero corridor. and especially in spring season and summer. we can see that it's happening. thankfully. yeah. it's coming back. >> you can call it a bay area bounce-back. the upswing in tourism for san francisco. >>> and from the coliseum to the capital? could sacramento be the temporary home for the a's after this year? ♪ ♪ >>> some tough choices a

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.g to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. i don't want you to move. if you think about it. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so dramatic! from chavez and huerta to striking janitors in the 90s to today's fast-food workers. californians have led the way. now, $20/hour is here. thanks to governor newsom and leaders in sacramento, we can lift workers out of poverty. stop the race to the bottom in the fast-food industry. and build a california for al

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that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.oca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. - super excited to open up my diploma from southern new hampshire university. ♪ ♪ - i'm nervous, i'm excited. ♪ ♪ - [man] okay, let's see it. let's see it. - oh my gosh. - jesus suarez, i did it and it's here. (group cheers) ♪ ♪ - [narrator] next term starts soon. visit snhu.edu. visit snhu.edu. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. abigail: you are the of the principal room. n

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.t was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. when we say it'll be on time, they expect it to be on time. turn shipping to your advantage. keep those expectations with reliable ground shipping. thanks brandon. with usps ground advantage®. ♪♪ >>> i want to go to jim vandehei. >> let's get to the good stuff. i don't keep score. i agree with vandehei. so jim. >> just stick to the good stuff, joe. >> jim, i'm looking at your latest master work, and it cuts against everything we hear in politics today, everything. but you know, we have given speeches across the country in years past before we became hermitsers and we still get out a good bit. we are surrounded in our life by people who support donald trump. we don't understand why they support donald trump. but you get beneath that, right

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.ca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. norman, bad news... if you think about it. i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year. i gotta get this deal... that's like $20 a month per unlimited line... i don't want to miss that. that's amazing doc. mobile savings are calling. visit xfinitymobile.com to learn more. doc? >>> time for your money watch report. tesla plans to lay off more than 10% of its global workforce. according to an electric news site, they are trying to shore up their profit margins amid falling sales and a price work for ev's. in the price quarter vehicle deliv

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. - so this is pickleball? - pickle! ah, these guys are intense. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? ♪ >>> we're back. we're going to do some "calls of the day" now, andwe'll start with chevron. take a look at shares. the target was raised to 195 from 170 at scotiabank. upgraded to sector outperform. you are way overweight oil. >> and canadian natural resources. we're overweight oil. it's a geopolitical hedge. their earnings contribution to the s&p is going to be 10%. their market cap is only 5%. but with regard to

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. paul: all right. let's take a look at how we are tracking on markets. take a look at the kospi. a little bit of green there. erasing a lot of its losses that we saw after the market opened on the back of that shock u.s. cpi print. it's a phenomenon we are seeing with other markets as well. some of them are raising those early losses. take a look at treasuries as well. yields starting to back off a little. they are still higher than they were when we started the day but the two-year now for 94. we are keeping a close watch on that to see if it crosses the 5% level. it will be europe's turn in a minute. let's take a look at our futures. looking ahead of the open, not too bad. euro stoxx 50 futures looking flat at the mom

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ed: huawei continued its performance. in the back of its cloud division. they reported net profit of about $2 billion u.s. dollars in the december quarter. that is up more than 65% from a year earlier. plus, openai plans to open an office in tokyo in april as the ai pioneer begins to build out its international operations. it will be the first office in asia and the third international location after they opened offices in london and dublin last year. all of that according to bloomberg sources. at&t

pnc a very good quarter. disney, we covered that. and, yes, bob tiger won but i think anybody could win. and amgen is a little let down with some of the drugs but, you know what, we think you are doing a good job. we have food. tech. bank. entertainment. that is totally diversified. it is completely and utterly max diversified. let's go to zachary. >> hey, jim. thank you for having me on. how are you doing? >> i am doing okay. i suffered through an earthquake today and came out the other side. >> me too. i am ready for some college basketball. >> we are shaking, too. all right. let's go to work. >> my top holdings have done a strong performance the last couple of years. nvidia, microsoft, apple, and pepsi. >> oh, let me go to work on that. >> first of all, you need to know that i have my nvidia hat on and she said take that hat off. all that stock does is go down. i am not kidding. take this hat off. a loser start because it went down for like 10 days. nvidia, the finest tech company of the year. microsoft which is a could say that.

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> from cbs news bay area, this is the morning edition. >> welcome back, thanks for joining us, i'm max darrow. we are no strangers to earthquakes in california, but on the east coast, it is a rare occurrence that they ever feel a powerful n a century. the epicenter rattled new jersey, but 40 million people felt some degree of shaking all the way from d.c. to new england. >> reporter: from coffee shops to couches and in front of cameras, millions near new york city were unsettled yesterday. by a rare east coast earthquake. at yankee stadium, center field bounced during batting practice and the statue of liberty rattled. >> this is one of the largest earthquakes on the east coast to occur in the last century. >> repo

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which isnk about it. investment professionals know the importance of keeping their clients on track. sometimes they need help cutting through the noise, to ensure fresh investment ideas keep flowing, and to analyze the market from every angle. at allspring, we deliver the unexpected, by relentlessly exploring where others don't. allspring, follow the insight. ♪ >>> welcome back to "the half." i'm bertha coombs with your cnbc news update. the philippines foreign minister said in a meeting at the state department today that had country will assert its south china sea rights. tensions have been rising between manila and china over the strategic water way. it comes after the u.s., japan and the philippines met and announced new security and economic ties at a white house summit. >>> a houston hospital has stopped its kidney transplant programs after it was discovered a doctor allegedly manipulated patient records to make some of them ineligible for transplants. the department of health and human s

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo when it comes to investing, we live in uncertain times. some assets can evaporate at the click of a button. others can deflate with a single policy change. savvy investors know that gold has stood the test of time as a reliable real asset. so how do you invest in gold? sandstorm gold royalties is a publicly traded company offering a diversified portfolio of mining royalties in one simple investment. learn more about a brighter way to invest in gold at

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.oving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. ♪ ♪ relax into a caribbean state of mind. visit sandals.com or call 1-800 sandals. sonali: another company that we're following this morning is disney. walt disney and c.e.o. bob iger are poised to win the proxy battle. vanguard and blackrock, disney's largest investors are siding with the board. and while the battle might be nearing to a close, this could have a major impact of markets. a proxy battle in the magic kingdom does not go unnoticed. disney's weight is over 2%. and nelson's proxy stock could move the dough. and joining us with the fallout is bloomberg's ed ludlow. is it in the bag right now for disney and what comes next? >> it's hard to say it's in the bag. good morning. wow, that's a new one. vang

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.oca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. at cdw, we get if your network power goes down, your business goes with it. recording: thanks for calling, we are unexpectedly closed today due to... cdw experts can keep you up and running with an apc smart-ups lithium-ion ups from schneider electric. it offers cloud-enabled remote monitoring and three times the battery life, so you can get the performance and certainty you need to stay open for business. for resiliency at the edge, trust schneider electric and it orchestration by cdw®. people who get it. haidi: take a look at how we are faring as we head into the end of the trading week in asia. a data point of most significance looming with the payrolls expected out of the u.s. could have huge implications. sidney sto

that's why pnc bank strives to be boring with your money.of boring. . moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. hi, i'm stacey, and i've lost 60 pounds on golo. if y(guitar music) it. i was surprised with the golo plan, i was not hungry. thanks to release, i don't feel the need to go for snacks or go back for seconds. give golo a try. this plan works. >>> our senior markets commentator mike santoli joins us now with his "midday word." >> the market continues to color within the lines. for as much as it's been a lot of hoopla around a wobbly start to the second quarter, yeah, overbought. we've been basically going sideways for two weeks. yesterday, we spent all day exactly where the market closed two weeks earlier on fed day. so we're testing the premise of how we got here. but it's hard to find the market v

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> among the measures voted on in the house yesterday was a bill that could potentially lead to a ban of the popular social media form tiktok in the united states. nbc news white house correspondent aaron gilchrist has the details. >> with the house passing a bill saturday afternoon to force the apps chinese parent company to sell the platform. the measure would give nine- month to do that and allow the president to extend that deadline by another 90 days. if it is not sold by then, tiktok could be dan band in the u.s. >> has 170 million active users in the u.s., some of whom have long railed against the possibility. >> call them and tell them to stop the band. >> this new move in the house looks to have enough support in the senate

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. starting a business is never easy, but starting it 8 months pregnant... that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our business needs. the chase ink card made it easy. when you go for something big like this, your kids see that. and they believe they can do the same. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card. make more of what's yours. abigail: you are looking at the principal room. coming up the evercore chairman emeritus joins bloomberg at 3:00 p.m. this is bloomberg. katie: it is time for our wall street week daily segment. neil ferguson -- niall ferguson spoke wit

for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which istty un-boring if you think about it. caroline: apple is facing its worst iphone slumps in scope -- covid as competition in the chinese market heats up. third-quarter shipments are sliding worse than expected, almost 10% since they delivered 51 million phone 51 -- phones, fully shy of estimates. mark joins us now with the context on who is providing the data and what it means about apple versus other competitors. mark: these smartphone shipments are there analysis based insights as to how many units were shipped. we don't know for sure, we will get a better idea on may 2, when they announced an earnings report and get a better idea from other phone makers. idc is usually on target in terms of a general range or in terms of the overall theme. the overall theme this time around is a nearly 10% shipment decline on an annual basis for apple. it's the most significant decline of any of the phone makers that they track, indicating that samsung is back in the number one global smartphone sales

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. you've got xfinity wifi at home. if you think about it. take it on the go with xfinity mobile. customers now get exclusive access to wifi speed up to a gig in millions of locations. plus, buy one unlimited line and get one free. that's like getting two unlimited lines for twenty dollars a month each for a year. so, ditch the other guys and switch today. buy one line of unlimited, get one free for a year with xfinity mobile! plus, save even more and get an eligible 5g phone on us! visit xfinitymobile.com today. ♪ >>> all right. welcome back shares of movie and tv company paramount rallying right now up 8% the "top gun" franchise owner flying on the news sony and apollo are talking about a joint bid to buy the

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> billionaire investor marc lasry will join me at 3:00 eastern to talk market, the fed and talk his new sports front as well. we have a whole thing to discuss with mr. lasry. we'll do final trades. farmer jim, what have you knot? >> delta, prices are thin, it should be a good report. >> uber, good opportunity for the stock down. >> jenny? >> sticking with cars, aptiv, 20% earnings. >> all right. we are green across the board. we'll see you a couple of hours on "closing bell," the exchange is now. >>> scott, thank you very much and welcome to "the exchange." i'm deidre bosa in for kelly evans and here's what's ahead and the market has been resilient with more hawkish fed talk. that could come down to one chart says the market guest and she

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.oca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. her uncle's unhappy. if you think about it. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. ofrom chavez and huertaor. to striking janitors in the 90s to today's fast-food workers. californians have led the

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. moving to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> welcome back. shares of bank of america moving lower today and the company reporting an 18% drop in for scored a profit. the latest big lender to feel the squeeze of higher interest rates but earnings did top expectations. sara eisen joins us with the first on the cnbc interview with the chairman of bank of america, brian moyneham. >> first i have to ask if you are surprised by the market reaction because the numbers mostly were better than expected with a big pop in trading as well. >> we had a great quarter here at bank of america exceeding expectations but one days market, i to tell myself you feel good about on that day but the things we control continue to produce for shareholders i got 14% returns i

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that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.n, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. sonali: this is "bloomberg markets." i'm sonali basak. kkr's co-ceos are taking a cue from brookshire hathaway's business model. they're betting big on ownership and dividend from that ownership. they spoke with lisa abramowicz earlier today. >> i think strategic holdings is a segment we have been incubating for the last seven or eight years. berkshire hathaway is an apt analogy in the sense we look at a lot of business models, why certain firms have been successful over time. and there are a lot of powerful messages and what they have built. it is the power of long-term ownership assets, the power of compounding, and the real power of smart account allocation within your business. that is what they excel at doing. our version of that is we built a per

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with pnc, that's not the case. punished, only 11% of their that portfolio is commercial real estate with only 2.4% being office space, so i like the valuation. stuart: 146, where's it going? >> 25% upside. stuart: okay. i'm tryinged to do the math. what would that be? okay. i'll figure it out. you always go back to the same group of stocks,, the dating people, match group. >> which is weed because i'm too old to have's appearanced tinder and hinge, is so i've got to lean on the gen-zers at my office to give me the research. this is the tinder, hinge, match.com. and one of the issues this stock has had is they had a ton of pull-forward in users during covid, obviously, because, you know, bar traffic turned into dating app traffic. the stock has come down quite a bit because they were focusing on adding paid users. that's the wrong metric for them. they are now pivoting towards fewer paid users but more revenue per user. they're rolling out an a.i. system that's going to help to better optimize matches and eliminate

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for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. >>> get ready for a highly anticipated the preen court showdown, it is set to hear whether donald trump should be immune from criminal charges over his attempt to overturn the 2020 election. the court is taking up the case thursday after engaging in what critics have dubbed a slow walking campaign, that delayed the hearing until well into 2024. trump has continued to argue that he should have presidential immunity, saying friday, "without complete immunity, a president of united states would not be able to properly function." special counsel, jack smith, disagrees. in a 66 page filing, smith blasted the argument, sing "the radical suggestion that would free the president from virtually all criminal law, even crimes such as bribery, murder, treason, and sedition is unfounded." let's bring in our nb's -- msnbc legal analyst and molly is still with us. carol, it's taken an exceptionally long time to get to this moment. i think, troublingly long. wh

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.imple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. -we're done. -what about these? looks right. nooo... nooo... quick, the quicker picker upper! bounty absorbs spills like a sponge. and is 2x more absorbent so you can use less. bounty, the quicker picker upper. if advanced lung cancer has you searching for possibilities, discover a different first treatment. immunotherapies work with your immune system to attack cancer. but opdivo plus yervoy is the first combination of 2 immunotherapies for adults newly diagnosed with non-small cell lung cancer that has spread, tests positive for pd-l1, and does not have an abnormal egfr or alk gene. opdivo plus yervoy is not chemotherapy, it works differently. it helps your immune system fight cancer in 2 different ways. opdivo and yervoy can cause your immune system to harm healthy

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.at was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. ♪ today, my friend you did it, you did it, you did it... ♪ centrum silver is now clinically shown to support cognitive health in older adults. it's one more step towards taking charge of your health. so every day, you can say, ♪ youuu did it! ♪ with centrum silver. >>> new developments in the israel hamas war. israel says it will temporarily open a border near gaza city to allow more aid to reach civilians in the gaza strip. it is unclear when that will happen. the decision comes after a tense phone call between president biden and israeli prime minister benjamin netanyahu in the wake of the israeli air strike that killed seven aid workers with the world central kitchen. joining me now is former democratic congresswoman and chairman on t

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring.ing to boca? boooring. that was a dolphin, right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. >>> we have an update. ibotta open for business about 27% up, priced at $88. we'll continue to watch that stock throughout the rest of this day the latest ipo on the floor of the new york stock exchange. mike santoli is here so we got it down yesterday to what, 5,007-ish. had a nice little bounce off that still feels a little uneasy. >> and the bounce didn't get up to yesterday's highs so whoever feelsit's safe to sell every rally is probably going to have to be disabused of that down by 250 s&p points in three weeks, up by 25 at the highs today. so we're kind of conslow lessing in here. pressure has been taken off by the fact that yields aren't making new highs but they're close. we're still h the same dynamic o

that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. right? it's simple really, for nearly 160 years, pnc bank has had one goal: to be brilliantly boring with your money so you can be happily fulfilled with your life... which is pretty un-boring if you think about it. thank you, boring. ♪ ♪ ♪ ♪