and we're looking at procter & gamble it is the first consumer package goods company to report and thes are higher after organic revenue that beat the average analyst estimate. volumes topped estimates. let's bring in goldman-sachs senior consumer analyst bonnie herzog. fantastic for you to join us. i mentioned organics beating on higher volume which is a change where revenue growth was really driven by price increases is this volume growth sustainable? bonnie: i think we were looking for organics sales closer to 2%. we're better than expected, which is what is driving the stock higher. i think expectations had moved lower heading into the print. and a lot of that has had do with the end market demands slowing a love of what we're seeing with the macro, pressures on the consumer, geopolitical issues. it really highlights proctor's ability to execute strongly in what is considered a very difficult environment. so it's encouraging. scarlet: and the c.f.o. did talk about how consumers are trading up. they're moving into bigger pack size ands higher valued items. in what categories does th

earnings are just out from procter & gamble.hey earned and adjusted $9.15 per share. that was well above what the street was expecting. revenue came in line. you can see the stock popping on the news with 4.1%. we look at the dow futures that we see this. like the dow is indicated up by 132 after strong reports from these companies. procter & gamble just reported, and they are registering a beach on the top and he bottom line. that stock is up by 3%. you are looking at big gains on better than expected earnings coming through. that will drive things. we talked about how the markets are priced at historically high levels. the only thing you could hope for, the reason you expect work growth is if the companies beat expectations. that is what we are hearing this morning. when we come back, we will speak with the procter & gamble ceo, joe moeller, about the quarter, and much more. "squawk box" will be right back. $100,000. >> margin loan. interactive brokers. charges just 5.83%. >> do you. know how much. >> your broker charges? >> f

procter and gamble's brands include tide, pampers, charmin and pantene.s also part of the dow jones index, which is soaring and started higher as the opening bell rang this morning. also, as the opening bell rang. netflix stock shot up more than $100 a share. more on that in just a moment. but as we take a live look, the at the numbers this morning, the markets the s&p 500 is close to its all time high. it's approaching almost 6100. the nasdaq getting help from those tech stocks up 269 points one and a third percent. there's a live look at the dow up a little more than a half of a percent. well netflix, accounting for some of the gains on the nasdaq, reported its largest quarterly increase on record. but it's still raising prices. now, netflix announced its biggest ever quarterly increase in subscribers, adding almost 19 million. now, projected revenue for 2025 will be 43 to $44 billion. despite that, netflix is increasing the monthly price for all of its tiers by about $2 a month. >> netflix is trying to squeeze the customer for every cent really to go a

abbott and procter both rallied more than 3% just today. abbott is now up 19 points to 129 since that conference. and weirdly, i bet they've got more room to run. yeah, the fallout from this tech fall could be that dynamic. you rarely have a one day buyer strike. they tend to last for ages, and the money that comes out of tech has got to go somewhere. look, fomo is an insidious force. very few people actually end up making money when they join a parabolic move based on price earnings, multiple expansion, meaning paying more for the same set of earnings. when something goes wrong, the stock goes back to where the parabolic move started, or even lower. that's what i think could be happening right now with the data center stocks. if you chase them in the last few weeks, you're kicking yourself today. now that the chinese may have come up with a way to use generative ai with a lot less hardware, a lot less heat, we're seeing the same thing in the nuclear power stocks. is there tangential data center plays, too? right now you can see that they'v

procter & gamble, seema? the consumer staples space a lift from feminine care brands including charmin, fs and's tampax. >> seeing reacceleration of top-line growth, volume and sales. particularly biggest markets north america and europe. north america up 4% on sales and that was on the volume growth of 3% europe, growth 4%. growth across the board nine of ten categories growing sales, building share. >> also telling cnbc he saw notable improvement in china. organic sales down just 3%. that compares to the 15% decline they saw last quarter. he says p & gmplt continuing t invest in china. divertifying away from the company. interesting. >> seema mody. mike, back to you. see how we settle out. a few points below the record close for the s&p. we have to watch for white house-driven market trading, and then get to maybe cap earnings next week. really what the market will be waiting for, i think. >> yes. in terms of filling in a lot of blanks, in terms whether i think full year 2025 numbers look like they have any

you need to brush your teeth every morning, procter & gamble, well, here you go. stuart: i've never owned that stock. >> and you're kicking yourself for it, huh? >> stuart: yeah. if i'd bought it many, many, many years ago. excuse me. we had some earnings reports before the bell. taylor, start with j&j. >> yeah, let's do it. earnings beat but a little bit of weak guidance going forward which is why we'll take a look at the stock and see how it does. we're not getting quite the big outlook going forward that analysts wanted. remember, this is not the consumer brand anymore. this is medical technology and drugs. they spun off that consumer brand months ago if not a year ago. sales in the u.s. rose 10%. interesting without the covid vax, they were up more than 7%, but with the covid vax, up about 5.7%. stuart: the proctor and gamble. >> similar story. i think i single-handedly am keeping the pampers brand alive. it is baby, feminine, family care that continues the shine. procter & gamble is that staple that mark talked about you really have to be in. stuart: traveler

procter is joyful.ly good really good good sec conference call j&j. people were bummed. i wasn't as bummed as people. other people. but i think we're going to get some rollbacks. and although procter did say private label, not that powerful in there. so they had the best. but that was a very that was a that was an outlier. that and united airlines. >> now i got to imagine you were happy with with ge the div hike, the buyback. >> i talked to larry culp today and i was so glad larry the ceo there's not a problem with supply chain. the orders are amazing. the david just the repair and replace the kind of work they do called service is extraordinary. it didn't go up last time because people were worried about supply chain. that's over toward a force. larry culp. >> and they're talking about 2025 expecting double digit revenue and eps growth with greater than 100% free cash flow conversion, greater than 100%. >> it's a battle between ge aerospace and ge over and over about who's doing better. >> yeah i mean,

we get results from two household names, procter & gamble and johnson & johnson. j & j has lawsuits. the market has turned against these stocks. i think you put either away by sting the dividends. president biden reached out drugs that medicare will try to get better prices for. this actually reduces inflation. one of the most popular of the year, wegovy, will get scrutiny. eli lilly has a similar drug. they are worried it will happen when it comes up for regulation. that stock got hammered. it wasn't unexpected. it stung. especially because there were so many stocks screaming higher. thursday we have another ge coming in. ge aerospace. i think we have a winner. it's not as clean as i would like, because last time there were hair on the quarter. supply chain causing an 8% hit. you will recoup that in the same day. mark your calendar. we will be hosting a monthly meeting of the club on thursday which people tell me are so much fun. we will go over the portfolio based on specific recommendations. it's a new meeting. it's worth signing up for. give us a free trial. o

[beep] that's procter & gamble facing that urban legend. drew, where now?or $800. -drew. -who is lisbeth salander? -you are correct. -um, not on my watch for $800. the movement uses a quartz crystal, not one of these transparent gem crystals prized for shimmering colors. drew. what is an opal? it is an opal. um, spittin' science facts for $800. this largest moon of jupiter is the only known moon in the solar system to have its own magnetic field. jay. what is titan? no. drew or aiden? drew. what is ceres? that's also incorrect. aiden, not gonna try it? [beep] titan revolves around saturn. this is ganymede. back to you, drew. um, spittin' science facts for $1,000. hermann muller named these regions of dna sequences that cap chromosomes from the greek "telos," meaning "end." drew. what are telospheres? no, i'm sorry. jay or aiden? [beep] so close, drew, but they're telomeres. yes. where to now? uh, pop culture people for $800. [beep] that would be jelly roll. drew. um... fictional females for $1,000. [laughs] [beep] you hate when that happens. it's in "vanity

when is ai going to allow procter & gamble to sell more tight and toilet paper with fewer people? keith: we are starting to see actually some implementation of ai that could benefit sectors and names in industries outside of the mag seven already. see that in health care. you start seeing that development of drugs has accelerated. they have implement and within those platforms. the spending comes first. productivity gains come next. it is a case where the spending will grow to those names that will implement this technology. with higher productivity, that benefits names across the board. and those with lower valuations in theory should have a quicker move up when those start accelerating. katie: it will be fascinating to see when the investing timeline turned to those applications, versus the hardware and the chipmakers. we have to leave it there. right to kick off 2025. that is keith buchanan, senior portfolio manager. coming up, tesla disappoints. the carmaker's delivery miss, next. ♪ tim: tesla fourth-quarter sales outcome and disappointing investors, posting an annual vehicle

. >> yes i like the stuff for and was talking about at procter & gamble and the staples and drugs instories do not be buying the tech names on a dip. if it's a real selloff it's not going to be down 5 - 10% is going to be gone far more and a lot of people think this entire thing is about to blow over and going back 50 - 80 times evaluation is a good thing it makes no sense on a two hour dip it may not prove a long-lasting but it's entirely possible it's early stages of a real correction, so far this is child's play. >> we always enjoy your analysis in it was timely today, thank you for jumping on the show, change the subject and ice has targeted raids in chicago do we know how many arrests so far? it. >> tom homan did not give me the precise number but he said multiple national security threats were taken off the streets of chicago yesterday. he tells me that includes a convicted murderer, aggravated sex offenders, members of the tda gang and a few collateral arrests he prays the sweeping multi agency immigration operation fbi, apa, ice, u.s. marshals all involved also on the ground

procter gamble, something that you have in your bathroom probably like toothpaste. moving higher good profits as you remind me and you need to get someone face >> instagram if you not to make those videos reels, you could make some big bucks. now. >> yeah. and it's crimes ipdivision of and they're tryin get the control in tiktok. will they or won't they be around in 75 days? i think they will be having cobia. some sort relationship between 19 on musk and or mr. beast, possibly buying into company. so, yeah, it's and it's giving cash bonuses a $50,000. if you go exclusive on reels and say bye-bye ok, but wait, let's go back to mister beast. >> because you first turn me on to him and i checked it out. i was like, wow, he buys the island's. i mean, he's got a lot of money for a social media star kid and on has 100 to 200 billion, though to buy tiktok as what they say. it's worth it's going to take a big group of investors and he would obviously be a big star, so to speak, just like with a baseball team or football team, if you wanted to buy and you could people with th

karen, we were talking before the program about, you know, let's say you are prkt procter & gamble. what does it mean if the dollar is strong and you are selling in markets across the world? >> he laid out europe is an important market for them. you sell in your owes there. you need more euros to buy dollars now. the u.s. earnings numbers are weaker. we always hear about adjusting for constant currency. we usually don't have that. it's moved. i kind of tend to ignore it, actually, because i feel like, i don't know, overtime -- >> washes out? >> maybe it doesn't. i assume that it will. and then on the flip side, you know, you have, you know, our goods are more expensive to other countries. >> to europeans, and theirs are cheaper. julie, does a strong dollar all other things being equal, does it strengthen the argument that american investors should take a look at, for example, international stocks, european stocks, maybe asian? >> yeah, i think if you look tat in terms of valuation, that's the opportunity for a lot of investors to broaden out. if i look at the opportunities and you'l

procter & gamble, j&j come out tomorrow and american express and verizon come out on friday.your thoughts on earnings season so far, particularly as the major american corporations are pivoting to a trump presidency. >> well, i don't think there's any question that now we have -- it's a whole different set of rules and really why people focused on some of the ticks around what trump did yesterday -- particulars around what trump did yesterday, i think the big picture is less regulation. you have two main drivers for the multinational companies. we're going to lower regulation on one side and tariffs of some sort will be coming in on the other side. continui think the point wasmads for trump are a negotiating position. i always said about donald trump, everything he says is to move the middle point to his favor and so i think you're hearing a lot of bombastic remarks purposely so he can get the advantage on the tariff negotiation so we think it's going to be a good year. our bigger concern is with the consumer who looks tired. they're still fighting. they're still spending. bu

. >> if you're procter & gamble and you want to place your ads next to hate speech, i don't think that's going to happen. all these ceos can bend a knee, but at the end of the day these companies are not going to place their ads with hate speech and that's where the rubber hits the road. >> that's hateful thinking. maybe the companies will be a- okay with it if that hate speech gets clicks, clicks and so much. thank you all for being here. >>> we have to talk about the wildfires burning out of control in los angeles as we speak forcing more than 30,000 people to evacuate. we'll have a live report with jacob soboroff on the other side of the break. >>> and donald trump jr. heads to greenland while his father refuses to rule out taking it with military force. we have the former u.s. ambassador to denmark to talk about all that. "the 11th hour" just getting underway on a very important tuesday night. molly leaving was one thing. but then i thought mom's osteoporosis might keep us stuck on the couch. no way. ♪♪ if you have postmenopausal osteoporosis, and are at high risk for fracture, you c

moeller talked about it in the procter call last week.tor in the apple guidance too for at least for the. >> march quarter. it was one of the reasons why you back out the dollar. then you suddenly see some growth. you know, look, i'm i'm surprised that with the mondelez with some of these we stopped talking about gop one. and yet lilly is doing quite well. the stock has been going up. i think there's a bunch of new use cases coming up. and there's more. well it's down today, but there's more money in the system. so you don't just get directed to wegovy by the doctors. >> yeah. also some headlines this week on ozempic and kidney disease. it's like every other week. right. >> well there's so many. i mean, when i spoke with david ricks as the ceo, the number of trials going on is shocking because it just seems to do so many different things that are good. i think that the prediabetes and pre-alzheimer's are going, going. the two that i'm focused on now, i was focused on the heavy drinking one. people don't talk about that. but but after we s

actress emily procter, who you might know from the west wing or csi miami, took those videos before fleeing home in the palisades. she joins us now. emily, my deepest condolences. my cousin david and his family lives in the palisades. they also have fled their homes. they they think that they've lost their home. how are you? how is your family thank you for asking. >> and i just want to say, on behalf of your family and all of us, selfishly, i wanted to be here to say we loved our neighborhood and we still do. >> and it was an incredible community. >> um, we have evacuated. i believe our home is also gone. it was it was the news i got from a stranger, which is a very surreal experience. um, but gosh, it was incredible. >> on our way out to see the people going in to help. >> and when i think about our neighborhood, i think about fire station 69 and all of the firefighters that we knew that held bake sales and toy drives. >> and as my daughter would walk to her bus stop, we would see them with their ralphs cart, going to buy the dinner, groceries, and, you know, they're as much a part of our

procter up. john stankey has been delivering. know after quite a few years obviously of frustration on the part of their shareholder base. absolutely good for. >> a fresh three. >> year high. >> it is it is. did a good job. >> 11.9 billion in cash from operating activities. the leverage ratio obviously continues to decline. they're very aggressive in fiber as our as our viewers know. he was on squawk box. >> he was very good this. >> morning earlier very good. and that stock is benefiting. >> david i got to ask you what. >> okay. you want to ask me something. >> or do you think that proctor's up because of the scalloped toilet paper? i don't know. first new innovation in toilet paper in 30 years. >> don't have any opinion? >> first new innovation for in 30 years. really? yes. bristol-myers. first new innovation on schizophrenia. and procter and gamble. first new innovation on toilet paper. so, hey, name your poison. >> that's amazing. >> that's toilet paper. makes it feel like that you're in a four star hotel. i actually, i feel

i mean, you go back to the we've talked a lot in the past the coke, the clorox procter and gamble. those types of companies have those kind of multiples even though they don't grow. i think apple is that kind of staples company and does have upside to it relative to some of these things with apple intelligence. apple intelligence is going to have an impact. steve kovach reported that from cook, it's going to have an impact. it's going to take longer than what i hoped with a lot of people hoped. it's probably 26. but as you play this forward, think about the apple investor. now we're seeing downward revisions to numbers, but then you start looking out over the next several quarters. you should start to see accelerating revenue growth off of that. >> all right gene thank you. let us know if you hear anything from the conference call we'll do munster. so how do you look at the picture now granted we don't have guidance yet. >> right. well i like to this is why. >> i always. >> say you've got to listen to the call. you want to hear the body language and you want to hear, you know, also

that is a hand cream from procter & gamble. it is so cold, you should use it. as for that is nivea. >> they don't know how to pronounce it. for i.c.u.s that. >> that is not the point. for the lack of knowledge of what the company does, the most covered company in the world. for some of the analyst are good. some of them are just talking about the quarter. these are people that are bound by the four walls of idiocy. this is one of the greatest companies in the world. they don't recognize that nvidia are doing things that are running circles. remember you need three. neither simulation and the trainer, and the actual. toyota will be one of the top ones. >> you think the growth path ahead is equal to what we have seen? >> yes, industrial revolution, over and over again. why can we believe? >> i'm not saying i am not a believer. >> they talked on the telephone garfield and alexander graham bell tries to get it into the centennial of philadelphia. only because the brazilian guys they represented. he says you know what, this could revolutionize all of how we do thing

. >> cut price, procter will take advantage. >> of it. >> we finally. have people who are trying. very good. >> let's get a look at the open here in the cnbc real time exchange of the big board it infrastructure services provider kyndryl. and at the nasdaq it's packaged meat producer smithfield foods, celebrating its ipo today. speaking of prices, jim rcl with the best five week booking stretch of its history. >> look, i think a lot of people really misjudge that industry. well, equipment being the best, by the way i look, the carnival is no slouch. and norwegian cruise i happen to like viking by the way. not the viking therapeutic. i like the viking. david. >> the cruise lines. >> yeah, but you know what people learn. carl and i spent a lot of time analyzing the industry. is. it is just such a bargain in an era of inflation. it's just considered to be the best way to have a vacation. i'm going on one. you know, i just think that they're terrific and everyone thinks recognizes that even people that a lot of people who are snobs, okay, the snobs don't recognize that these things ar

. >> well, we had the ceo of procter and gamble, john mueller, was on because jamie dimon had been on and asked him about the strong dollar. he said, oh yeah, it's not a big deal. john mueller said, yeah, easy for jamie to say, right? if you're not somebody who's having to deal. >> with this right. >> you have so much of your earnings that are overseas bringing those earnings back, they're less valuable on our balance sheet. >> jpmorgan sells dollars. it doesn't sell things priced in dollars. >> right. >> so it's a little bit different. yeah. we are watching crypto prices this morning as well. president trump signed a sweeping executive order yesterday aimed at reshaping america's digital asset strategy. it paves the way for the potential development of a crypto stockpile by the government. the order provides few details, though. on the campaign trail, trump said he would make it his policy to stockpile crypto that was lawfully seized by the federal government instead of auctioning it off. i think that's where this discussion is happening. in other words, the stockpile would just be a