and here's the company's ceo, rene haas. e wrong about the report? >> hi, liz, good to see you again. our door is closed here, soing nothing to worry about here. [laughter] liz: touche. [laughter] >> we had a great quarter. record revenue, our licensing business in particular was extremely strong, so we are very thrilled about the quarter that we had, and we're very positive about the year outlook. we actually upped our guidance for the year, so we feel very good about pote quarter and the direction -- can both the quarter and the direction of the company in the upcoming year. liz so investors, wall street, they're kind of blind to some of that right now. listen, they're all about what have you done for me lately, and it's hard for them to look thereafter down. that's why we have you, because we have a longer-term investor audience at the moment, and we want to see exactly what you see when it comes to the kinds of chips that people are making and demanding. and a lot of this surrounds a.i. tell us about your positioning righ

ed: rene haas, thank you for joining us. rene: thank you so much.bloomberg technology," we will be joined by the ceo of humanity on her take on personal mobile computing and the launch of their new ai. this is "bloomberg technology." ce, 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. >> it is an -- caroline: it is an ai powered device but it is not have a screen. it is a device you pin to your clothes and it has users engaging through it to make calls and more, maybe translate what you are saying. let's bring in humane ceo bethany bongiorno. people will be able to start ordering from the 16th. people have been on a waitlist. what made you build it? it is going to replace the phone if i am getting this right. bethany: thank you for having me. it is great to be here today on a big momen

rene haas knows more about pcs and more about cell phones and more about autos, but really knows morethe artificial intelligence than anybody i have ever met, save perhaps your mentor jensen huang at nvidia. thank you so much. congratulations on your first quarter which is a great one, and thank you for coming on "mad money." >> thank you so much. >> "mad money" will be back after the break. >>> coming up, pom open those umbrellas and tee up your toughest questions. cramer takes on all comers in the "lightning round," next. that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. (swords clashing) w-had enough?r t-no... arthritis.t. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. ♪ unnecessary action hero! ♪ -missing punches? -unnecessary! -check reversals? -unnecessary! -time sheet corrections? -unnecessary! -unentered sick time?

in the adjusted profit of 36 cents a share ahead of the analyst estimate speaking on "mad money," rene haasthey are in the center of the super saying the. >> candidly, jim, for all devices, our quarter was so strong driven by licensing revenue which is a key catindior for investment we are seeing the requirements greater than the capabilities of the chips. that means we are not good enough people are investing in more chips which is good forearm. >>> on to disney shares higher in extended trade after the fourth quarter beat expectations on the profit side. revenue came up short. the house of mouse announced a $2 billion cost cut amid pressure from investigator nelson peltz arabile is joining us. strong after hours numbers are people focusing in on disney plus >> it is adding 7 million subscribers when you expected 5 million is a good sign the business is moving well when they raised prices trying to keep up with netflix the first price increase compared to the rest of the market doing well and that is why you saw revenue go up the 5% it was in the other parts of the business where they seem

liz: rene haas thank you. >> new, liz. liz: i did not make up the term grand law terry. [closing bell rings] shout out to former u.s. army combat reservists brad hurst, on the claman county downteam. all good things must come to an end -- larry: welcome to "kudlow," i'm larry kudlow. let's grit straight to our war coverage as the idf moves a deeper into gaza at this. edward lawrence and jeff paul standing by with a bunch of details on breaking stories. let's go first to jeff paul in tel aviv, israel. welcome back. what can you tell us tonight? >> reporter: larry israeli forces are showing no signs of slowing down. they continue to engage with hamas militants in and around northern gaza as they tighten their grip by the day in gaza city. as as a result, the idf is discovering and destroying tunnels used by amass fighters. they have destroyed 130 shafts. own the surface they killed key weapons maker during strikes. this is forcing more civilians from their homes in the north. tens of thousands this week were said to have taken advantage of the humanitarian corridor set up

although a lot of people coming to arm's defense, dee, talking about the guidance more cyclical, and renee haass a lot more structural than that >> yeah, and that's fine even if arm goes on to become a $100 billion, $200 billion market cap, it's not going to be that alibaba in the portfolio. there are some things it can do, draw down that position and we know that masa son and softbank are on the ai hype train so far investments focused on logistics and transportation in the space. hasn't been in the generative ai companies. we'll see because the cfo reiterated again they will be going out and making investments. >> dee, a great take >>> the street is buzzing about the end of the actors' strike. the union reaching a tentative deal with the studios last night paving the way for the tv and movie industry to get back to work streaming service revenue and ai were the top issues that caused the strike to last 118 days. let's bring in julia boorstin and, julia, talk about what we're able to without having seen details about the deal. >> reporter: we haven't seen details yet. they have to officially v

takes a tremendous amount of compute power, which the gpu is very good for >> that's arm's chief, rene haasight following the company's first report since going public in september. down $6 premarket. i guess it's on the guide? >> yes, it's on the guide. jpmorgan saying the right thing, being, i think, positive red bird atlantic, an outfit i don't follow that closely, talking about not an ideal start and a miss there is absolutely a belief off the desk that they blew it, that they really didn't have -- the next quarter is not going to be good, that there's real problems i think this is a wrong narrative. i think there's a misunderstanding about what happens when you license and then when you get royalties. the royalties are in the back end. they tried very hard to explain it they did use the term, super cycle, which i think is the kiss of death we had a coal super cycle. drop the super cycle from the narrative. you don't need to talk about that, but you do need to explain that it's lumpy for now because a lot of it is cell phone, and they can't talk about the fact that it's apple who's the