quanta. why do you like it? >> before we talk about quanta. one important thing. got on stage. >> we just talked about that with stacy rasgon. >> one of the things lisa su said is the accelerated data center markets will go to $400 billion in 2027 , 70% kegger. that is a huge positive for a company like quanta services. if think about the data center architecture as we add more and more gpu compute, it's highly power intensive and there's more parts of our country that don't have enough electricity to accommodate these big data centers anymore so we will have a huge capex belle brickley think $160 billion of capex from utilities. that goes to $200 billion by 2028 to '29. quanta services is the beneficiary of that as the build the tnd. inverted also in a beneficiary that is changing data center markets work the architecture is being revamped. they are a parent management and thermal management company and you have an environment where these cpus run really hot and you need to change the way they are pulling. this is a key player in that market. we are gaining share

but how do you even quanta, science loss or damage and funding leads that team is academics searching for an answer? we're talking about justice, we're talking about what is owed to the nations as a global. so for not admitting. what's the mechanism for making that happen? because at the moment, people like president in the 70 and you're going to have will say we're getting no support from the level north we have to develop. we have to mitigate the damage the use of the global north and causing us because we've got to get get r o c or anything we go. so that's why i think the last and damaged funds that's now being negotiated is just so important to calculate and such a fund could be operate you didn't, could you please finding this team came up with a formula of carbon budget, which would enable the world to meet the $1.00 degree target for global warming. so we divided up that total carbon budget across a $168.00 countries based on their population sizes. and we wanted to know how much each country has admitted in comparison to their fair share as historically. and what did you find

we did think that jacobs was good but i think that quanta is better. next up, mitch in connecticut asks now that interest rates are presumably coming down does this have a greater or lesser effect on a decision regarding high dividend yield stocks versus growth? >> it makes the high dividend yield stocks much more attractive. if you just care about getting income, the answer is it makes it much more attractive and that's what you should think about dying -- buy-in. there were others that we looked at. we did have j&j but we didn't like the telco exposure. we are constantly on the lookout for dividend stocks in our favorite right now is not a drug or food company. it is stanley black & decker and i think that should be bought by everyone. there you have it, that was an exclusive look at what we do in our investigative monthly meetings. if you want more of this i think jeff and i would urge you to join the club, watch our morning means. so much more. mad money is back after the break. >> coming up, did the rally in this tech giant happen out of the blue?

. >> quanta services has be in the s&p for five years.utperforming in the future. adobe is falling after the close. i am getting a sense of where they could be headed. >>> all drug companies face one thing when it comes to their drugs. what is the best way to invest? i will free up a strategy for handling that. stay right here. >>> every quarter when adobe is about to report, i warn you that the friday before that they sell all post earnings. they expect better numbers for every subsegment. the guidance was not perfect. the earnings forecast was fantastic, but the forecast from 2024 was considered below. as a result, the stocks got hurt after hours. it's up 85% from a year go. maybe this is just what we are used to which is one of the few companies that is already making money from artificial intelligence. is there anything to worry about? is the chairman and ceo of adobe -- he is joining me. >> thank you for having me. >> i think that sometimes you have to focus on the quarter with $5 billion. we have double-digit growth in every segment

gli argini, di una certezza calma, dammi le rapide del cuore, dammi una forzanza per rispondermi di quantar raggiunte te, finino te raccolgerti in ogni senso di... e anche se qualche volta so di esagerare un po' quando...' corro la mia vita che è più forte non si può anche se la mia testa è pia vai fantasie troppo perse troppo mio posso farcela con me. io voglio arrivar in tutto ora che le mani mi portano, vigo te raggiungerti ogni certo? pure que a marti el li in mezzo. way way for the birds it's time for the birds to dream of the south, a yellow maple leaf sat in my palm yesterday, let someone tell me in response, there is nothing like that here, a yellow leaf is like a bird yesterday. and sat in my palm, a maple leaf , a maple leaf, i dreamed about you in the middle of winter, i dreamed about that world, when a blizzard shakes the snow outside the window, at that moment when everything was covered in snow, my soul is white, i dream about you, a red maple leaf, dream, dream red the whole wedge century of my tired touch the quiet sondarya, a frozen bird, return to the wilderness of januar

but it's not the enough to, you know, push both quantas to into concepts completely. you're saying minimum demands. this is the, as i understand it, because it's a security council resolution, it's legally binding. so let me then ask you about implementation. do you have hopes and expectations that it will be implemented because there's not necessarily a mechanism for that. yeah, let me clear between about that unless it's under article 7 is not binding. i mean there's no reinforcing mechanism for that. so it's a kind of even a kind of recommendation, but it has weight. there's no question about that. and given the shift in international public opinion and then and depression on nothing, the depression also when it is by then and because american always being isolated, that the international level. so this has really a huge weight and i think a is going to be implemented. but the question is, how is it going to be implemented? what, how this is going to impede that? because in a level, in a devil, in details, we didn't know when they say they want to implement how, wh

that means quanta services and acom hovering around record levels and jacob solutions and eaton. to the grid. >> what? >> that's where a lot of these other names electrical equipmentmakers come into play. >> if only you could get a power line built in america. right? just, you build this giant solar farm, but then actually have to get the power to the people. trying to do this in texas and new mexico and get it to arizona. nobody wants it. >> well, the permitting process, you know better than anyone, is incredibly challenging. now another headwind. interconnection cue. before one of these projects is then hooked up to the grid you first have to submit a study showing what its impact will be. that backlog in more than four years. it's doubled. >> doesn't that almost weaponize it like the environmental movement? they're the ones that will often submit these blockages on renewable energy projects. because the power line goes through the home of the grouse or whatever it might be. >> a low barrier in order to but put one of these connects into the interconnection cue and they want to