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seema modi standing by with the breakup pressure mounting on one major industrial company and die dianaup in o.t. and jonathan is seeing the crucial levels in the markets and seema, the analyst pressure honeywell. >> yeah, scott. management is said to be pressuring honeywell to speed up separation of its business, aerospace from automation and that's according to the report. it is reporting a massive $5 billion stake of honeywell calling on the industrial to split up its business as honeywell shares have underperformed its peers. it's performed exceptionally well a sign that the market wants simplified stories and plays. honeywell ceo did say the company was reviewing its portfolio and expected an update during its earnings call in a few weeks. analysts say aerospace alone, scott could be worth $90 billion. >> that's seema modi. to diana olick with what to look out for with kb. >> kb beat out analyst estimates and missed significantly on guidance and jeff metzger noticed in that release that june and july were tough, but as rates moderated in august net rates improved and they were enco

leslie picker with what that means and seema mody what's groves vernova today? the market nasdaq leading the show today. >> it is. still how this market plays defense against macro strategists against pressure from bond yields. that's been the story. probably if you were bullish coming into this year you'd want to see more than a one-day rally friday being kind of coming after, how washed out the average stock was coming into the day. no grand conclusions except to say yields at this level make majority of the market uncomfortable. still on wait and see mode to see trajectory of growth into the jobs report. i find it interesting nvidia gets this big kind of almost forced mechanical bid as new index money comes into the market. we'll see if it comes through after ces and more than just let's find stocks that haven't moved much on familiar seen scenes. >> technician watching action like you you are saying nice rally. not a game-changer yet. oversold and getting into resistance. >> exactly. pretty much everybody looks at the chart structure saying 6,100 basically a

kate rooney and seema mody are following this story. kate, you first. >> yeah, let's kick it off. i have confirmed with sources that sam altman is going to be at the white house today. it is a major win for openai which has been pushing for the u.s. to spend big on ai infrastructure. i've been on the phone with some sources talking about what led up to all of this. one thing i'm hearing, more evidence of an increasingly close relationship between ceo sam altman and soft bank founder son. back in october, i'm told altman and son have spent more time together. i'm told they both recognize and have bonded over the needs of ai infrastructure in the u.s. and the mega spending it's going to require globally as well. as one source put it, they are not incremental thinkers who think quarter to quarter. they're talking about a decade plus time horizon. soft bank has invested $2 billion. i've been told altman has been spending more time with the oracle founder, oracle and openai first partnered back in june of last year. this flew under the radar but they partnered on cloud infrastructure,

i'm seema mody with your cnbc news update.s on his way to new orleans right now to visit the family's loved ones victims of the new year's day terror attack. 14 people died when a texas army veteran who the fbi says was inspired by isis rammed a truck into people celebrating the holiday. louisiana's governor says that he will push for the president to issue a disaster declaration during today's visit. >>> three israelis were killed and several more were injured in a shooting attack on a car and bus in the israeli occupied west bank today. the attack could complicate a potential peace deal to end the 15-month war between israel and hamas in gaza. israel prime minister benjamin netanyahu said today that he approved measures to capture the attackers as well as a ries of offensive and defensive actions. >>> meanwhile, u.s. envoy said today that israel has begun withdrawing its forces from a southern lebanon border town. he said the withdrawals will continue until the idf is fully out of the country amid its fragile cease-fire. the

interesting. >> seema mody. mike, back to you. see how we settle out.nts 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 upside or need trimmed. a big sway in it. the market index level inherently is so hard to handicap in terms of leadership. could the market over the next few weeks decide to play 33 times earnings for microsoft, apple and nvidia instead of 31 where they are now? sure. market enthusiastic, maybe from earnings reports, or not. this is the time investors want to be able to turn their attention to companies, and we'll see if they're allowed that privilege. >> apple's going to have what's on pace for its worst month in some two and a half year es. nice if one of the large effort, still second largest cap stock in the market can get its act together. >> goes in streaks because it ha

our seema mody joins us now with much more on that story. seema.ing. >> well good morning frank. >> billionaires are uploading their data center expansion plans at. >> a fast rate as the race for to. >> power artificial intelligence capabilities. >> really heats up between tech leaders. >> oracle's larry ellison. >> meta's mark zuckerberg. >> microsoft's satya nadella and a. >> number of international. business tycoons. >> from japan's masayoshi son. as we saw last week. dubai tycoon hussain sajwani. >> and most recently. >> india's mukesh ambani. who we're hearing is planning to stand up. >> the world's. >> largest data center of three gigawatts in india, which, by the way, is twice the size of. any data center in the us. >> all this money chasing ai. >> at. >> the same time raising the question as wells fargo's tech. >> team put last. >> night, is. >> big tech. >> massively overspending on. graphics processing units? and could this resemble the overbuild of telecom in the. early 2000? >> we know how that panned out. the other fear. >> is around e

seema modi joins us with the cnbc money minute. >> let's start with that automotive news. ford is recalling more than 270,000 vehicles over concerns their battery could fail, according to federal regulators, the 12-volt batteries some 2021 to 2023 bronco sports and 2022 to 2023 mavericks could degrade potentially causing loss of power. >> in other news, las vegas hotel workers ending their longest strike in decades after reaching a new contract with virgin hotels. the culinary workers union said on x that members unanimously voted for the new five-year contract covering about 700 employees at the hotel. the deal ends a 69-day strike that began in november over payment disagreements. >> and to commemorate the philadelphia eagles' win in the divisional round of the playoffs this past sunday, the team partnered with memorabilia marketplace the realist to sell, get this, 100 pints of commemorative snow, which the team said was carefully preserved and authenticated. the pienlt sold out in two hours after going on sale on wednesday for $50, which does represent the total points,

. >> good stuff, seema mody. thank you. that leads me back to you, bryn, as you will stock. you sold half of it to start the year because you were getting a little uneasy with where you saw not only the valuation but the rise that the stock had. >> yeah. we all know that certain stocks will go much, much higher and then certain stocks will go much, much lower than they should and that is just the mechanism of the market but when i looked at the stock at the beginning of the year, i think it got up to 90 times 2025 sales estimates. maybe it was 90. that is just nosebleed. i just couldn't -- it is a great company but the valuation just got irresponsibly high and that is why you saw insiders selling, taking advantage of the frenzy around the name. they're going to come into earnings on february 5. the revenues and earnings are going to grow 27% and 40%, revenue and earnings growth. that when you have a technical breakdown, if you have traded below the 20 day, the 50 day, i think you have to let it settle and because sentiment has switched on this. let it settle in and find a ne

seema modi with more on that stock's move. >> reporter: hey, mike.heir earnings estimates after conducting an extensive survey on how companies are thinking about artificial intelligence budgets going into 2025. and they found that salesforce ranks right behind microsoft and amazon, referencing general excitement around the company's agent force, its a.i. agent platform. they also see new tailwinds including opportunities for salesforce to grow inorganically that will contribute to their position in a.i. and investors are willing to be patient with seeing the return on investment for agent force, the stock as you know, has had an epic run over the last year, gaining about 27%. and higher by around 2% on this upgrade. >> inorganic growth, salesforce no stranger to that, buying up other companies seems like part of the plan. >>> still ahead, we'll tell you what the tiktok ban could mean for the rest of the social names. we're back on the bell after this break. >>> contribute to a health savings account to help pay for medical expenses with tax-free mon

and seema mody on two bright spots. yes. bright spots in tech today. you heard me correct.ny though in tech. no, make it a day. >> some software. i mean, what you can say is that it was a rotation more than a liquidation. so if you're going to have a day when you have an absolute washout, trade in semis in the ai hardware trade, where you have one of the strongest themes and most closely held to investors hearts in the market, get completely pulverized. you could have had everybody just say risk off were out, or it could have gone elsewhere. and what you did see is rotation people maintaining exposures, more stocks up than down. i mean, some of it was very mechanical, meaning reaching for the most neglected under owned themes. campbell's soup is up 2.5% today. it's not because it's cold outside. okay, so you just do have this kind of reflex asset allocation type move. so for a day you're able to absorb it. what i find remarkable is the dispersion which is allowed volatility. measured volatility to come in. the vix peaked above 22. it's at 18 now a four point drop intraday i

i'm seema mody with your update.als of january 6th-related cases are under way as incarcerated rioters are set to be released from jail and prison following sweeping pardons from president trump. more than a dozen have been filed so far, signed by edward martin, a january 6th defendant advocate, who is acting u.s. attorney for washington, d.c. >>> at least two new wildfires have broken out in southern california as meteorologists warn winds could hit up to 100 miles per hour today in the mountains and 70 miles per hour on the coast. the palisades and eaton fires are burning in los angeles county and are now 63% and 89% contained. >>> vice president j.d. vance swearing in marco rubio as secretary of state. he is the first of president trump's cabinet picks to take the oath of office. rubio said the president's primary priority will be furthering the national interests of the u.s. and making the country stronger, safer, and more prosperous. carl, back to you. >> all right. thank you so much. >>> checking on stocks abou

our seema mody is here with a very special guest on that front.ave canada's minister of international trade. >> i'm looking forward to this conversation with you and americans. >> three days until president-elect trump is sworn into office in the u.s. big question is around trade. what can you tell us about what canada is preparing if he does follow through on his tariff threat? >> well, i think what i want to say to americans is that canada is the biggest customer to 36 states. every day 36 states wake up and say canada is our biggest customer, and i think that matters, and the reason that matters is that if you're going to put tariffs on canada, what it actually will do is make things more expensive for americans. it will make things more expensive for american families, for american farmers, for american businesses and if you look at how much trade we do, that's going to really matter, and it's going to matter a lot for americans. >> the cost of business goes up if canada retaliates, are you expecting dollar-to-dollar retaliation, and what's on

let's get over to seema modi who's got more from the ceo on the phone. >> just got off the phone withova, and he confirmed to me ge vernova is working with all three companies involved in oracle, softbank and open a.i. he also hinted at more federal announcements tied to energy in the coming weeks, ge vernova will be playing a key role there, so a little bit of a tease. q4 earnings fall more than expected, and trump temporarily halting the permitting of wind energy projects announced yesterday only adds more pressure to the business, which currently makes up just about 27% of the company's total sales. he said it's very clear this administration is in favor of defashionable power, and that is where vernova is investing more. he adds customers are becoming more receptive to higher pricing given the exorbitant demand for powering data centers in exchange for faster lead times. we did see a bit of a holiday pause, but that doesn't seem to be worrying the analyst community right now. as to whether a.i. demand for energy starts to die off, he just isn't seeing it with orders out to 2030 an