stanley lovell is another one. he came essentially orphaned and found his way to cornell -- was at dartmouth then cornell? john: yes. jeff: he really rose through modest means. and, he is not a household name. how did you find him? john: yeah, he was orphaned from a young age. both of his parents died young. he was raised essentially by his older sister, who put him through school. i found him through researching my dissertation. i went to school at the university of texas. i was working on scientists within the intelligence community. through reading about that, i would come across this name, stanley lovell, he is the guy during world war ii who invented the kinds of things like glowing foxes and cyanide pills and all kinds of stuff. i was intrigued, but i was focusing on my dissertation. every time i would go to the archives and we were talking backstage, we spent a lot of time in the national archives -- every time i would go, do not tell my professors, but half the time i would work on my dissertation. the othe

now, all the houses outside of stanley will have 24-hour power.still, they don't get the degree of services that we get here, so they have to be a very much more self-reliant community. (sophie fouron) i didn't think i was going to feed a little lamb today. i'm enjoying this. (mallory barnes) guys! come on! school time! - school time! - come on! - bye guys! (tanya clarke) say bye! quick, quick, quick! (sophie fouron) how many sheep do you have? - we have about 5500. and we're a small farm. - 5500? i was expecting a hundred. - no. - 5500. (shane) shane. (sophie fouron) shane. nice to meet you! not your first time doing this. (shane) i've done one or two before. (tanya clarke) you have to stay back. (sophie fouron) living out here, you need a wind turbine, and then a generator. (shane) a backup, yeah. - backup generator? - yeah. - if the generator breaks down, you can't just call your local electrician to pop out, so these guys have taught themselves to maintain pretty much everything on the farm. - so you're electricians and plumbers, and carpenter

carole stanley johnson. carole malone, stanley johnson. andrew jenks.ok long china. i hope you took the long boat. so yeah. >> how did you get there? >> how did you get there? >> to tell you the first time >> i to tell you the first time was in 1990 61 on a beer seat, 500 cc twin cylinder, china twin cylinder motorcycle. >> just finishing off now. >> we're just finishing off now. >> we're just finishing off now. >> up, just 5.7% of >> coming up, just 5.7% of crimes were solved in england and wales last year. >> can you believe that? so is the solution. china seas style facial recognition cameras to catch criminals in the act. my superstar panel will debate that shortly. but first, prince harry's drowning in legal battles, could his battles, but could his potentially libellous comments about butler about his mum's former butler and confidante prove his most challenging ? princess diana's challenging? princess diana's best friend, paul burrell, joins me live from exclusive interview and update on his own legal row with the duke. straight after this . kelv

morgan stanley was in the low 40s. morgan stanley is 83 today. so has morgan stanley so significantly out performed goldman sachs? >> i am looking at the five-year chart, and it's 2 x. >> okay. in january of 2019, where was goldman sachs? >> a five-year chart. i don't know what happened in the first three months -- >> let's see if we can show a five-year chart of that. >> is it that morgan stanley is the biggest issue, or can we call it what it is, and there's a personality issue related to david solomon and there are individuals -- >> so there we go, viewers and listeners, you have a chart up there showing the five-year performance of goldman sachs versus morgan stanley, and goldman is up about 3%, and morgan stanley is up 81. >> those are the price statistics i gave. that's why you are seeing the reason tpfor the out performanc. i don't know if it's more personality related to solomon than anything else? has he done really that bad of a job? i am not sure i agree with that. >>> let's get out to the headlines. >> north korea's state news kim jon

e*trade from morgan stanley.mplex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley sleep more deeply and wake up rejuvenated. purple mattresses exclusive gel flex grid draws away heat relieves pressure and instantly adapts. sleep better. live purple. right now save up to $900 off mattress sets during purple's labor day sale. visit purple.com or a mattress firm near you. we've got your back, road warriors. because we know you're picking up the pace, steering life at 10 and 2. you're hitting the road... and we're helping you get there with confidence. so skip the counter without missing a beat. choose any car in the aisle. and be the boss of you. go national. go like a pro. the citi custom cash® card a different kind of card that automatically adjusts to your spending earn 5% cash back on your top eligible spend category up to $500 spent each billing cycle learn more a

stanley has been incredibly successful. be one way to solve the problem, to throw money at people who don't get the job. >> it works well because he has groomed this stable of executives and you want them to stay around. what tends to happen is the guys that don't get picked and up leaving. you saw general electric went jack walsh was getting ready to step down, he had three candidates to replace him. once jeff became the ceo, the other two left and went on to run home depot and boeing. not to say there is bad blood, but you lose the talent after you have a high profile high-stakes succession battle. matt: some cases have been very successful. every member when general motors was going to name a new ceo, i thought it would be mark royce. mary barra took over, but they work well together and mark didn't go anywhere. >> that's a success story and i think james gorman is of the mind that he has given the market and his team's time to prepare everyone and create this smooth transition. think about at goldman sachs happened. dav

stanley been here.tar he's on absolute star because he's on his to london from south his way to london from south somerset he's made a break somerset and he's made a break in west harptree. come and join me. coming should have me. coming up, should banks have the restrict access to the right to restrict access to your welcome back. i continue to identify as jacob rees—mogg and this is state of the nation. you'll be getting in touch with your mail, but i've got a special guest reader of mail mogs today, the one and only peter rhys mogg. >> well, alfred has said we were asleep at the wheel. china has spread its tentacles not only through the uk but europe as well, to a lesser degree the well, and to a lesser degree the usa, especially in universities and areas of defence and and those areas of defence and technology. said, technology. and chris has said, hi jacob, please, could you tell us about the history of your house and fireplace? it house and the fireplace? it looks beautiful. house and the fireplac

morgan stanley saying we could be in the final innings of the bible. morgan stanley strategists have studied a lot of bubbles and they say that using nvidia as a proxy of a lot of large-cap tech stocks, they think it is at its peak. nvidia, notice, up more than 102% year-to-date. the bottom number is more the index of stocks. it has had a more muted rides. they say technically the rally is in its final innings. they typically look at bubble runs in stocks as being about three year returns of roughly 150%. they could argue that this bubble may be had surpassed others. even so, they are saying that there are indications, based on historical averages or bubbles that show that we could be in the final stages of the ai excitement. haidi: bloomberg's su keenan there. and you can get a roundup of the stories you need to know to get your day going on today's addition of "daybreak." bloomberg subscribers can go to dayb . you can also customize the settings as well for the news on the industries and assets that matter to you. this is bloomberg. ♪ reported ta

e*trade from morgan stanley.h powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley (fan #1) there ya go! that's what i'm talkin' about! (josh allen) is this your plan to watch the game today? (hero fan) uh, yea. i have to watch my neighbors' nfl sunday ticket. (josh allen) it's not your best plan. but you know what is? myplan from verizon. switch now and they'll give you nfl sunday ticket from youtubetv, on them. (hero fan) this plan is amazing! (josh allen) another amazing plan, backing away from here very slowly. (fan #1) that was josh allen. (fan #2) mmhm. (vo) for a limited time get nfl sunday ticket from youtubetv on us. a $449 value. plus, get a free samsung galaxy s23. only on verizon. my cpa told me i wouldn't qualify for the erc tax refund, so i called innovation refunds. their team of independent tax atto

e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley my cpa told me i wouldn't qualify for the erc tax refund, so i called innovation refunds. their team of independent tax attorneys will work with your cpa to determine if your company is eligible. [whip sound] take the first step to see if your small business qualifies. ♪"please don't go" by harry casey, richard raymond finch♪ (sfx: ping) (♪♪) ♪ please don't go ♪ ♪ please don't go.. ♪ ♪ please don't go ♪ ♪ please don't go ♪ ♪ don't goooooo! ♪ (♪♪) ♪ don't go away ♪ (♪♪) ♪ please don't go ♪ >>> well come back to "worldwide exchange." time for the wex wrap-up the forecast for gradual cuts next year. >>> u.s. steel rejecting the offer for purchase from cleveland clifs. u.s. steel is very viewing alternatives >>> country garden hittin

but stanley levison also brought some problems with him being. his strong connection with the communism how did that affect dr. king and did eventually try to distance himself, maybe from he was warned over and over again by the kennedys. you got to cut levison out of your life. if you because draper hoover's his breathing down your neck and he's upset that you're and they thought it was a real problem for them too it's not that the kennedys weren't just blaming hoover. they felt like they could all be tarred with communist brush because they were because king was had this not just with levison, but with several other people within the organization. and it's it's silly because. there were former communists all over america at this point, right. and including people who worked around the white house. right. right. so but but it became an obsession for j. edgar hoover and it led in part that's one of the reasons that hoover became obsessed with really destroying king. it began with the communism and with the fact that king dared to criticize the fb

that's what you get from the morgan stanley client experience.ou get listening more than talking, and a personalized plan built on insights and innovative technology. you get grit, vision, and the creativity to guide you through a changing world. ♪ >>> welcome back to "halftime. banks coming off their best month in seven years jpmorgan and berkshire hathaway hitting new 52-week highs. jim, you own both. >> i do. i'm bullish on the financial sector i'm overweight the financial sector i think this is an obvious play as we get into the next few years of infrastructure spending, which i mentioned before, as well as the supply chain onshoring mentioned earlier in the show. all of that will need financing. oh, by the way, as the markets come back, the ipo market gets going, m&a activity, this is a space that now that we're seeing the end of recession fears, and i think we are -- i think that's in the rear-view mirror now, a sector that can continue to perform. i will say this, i am not exposed to the regional bank sector i do think there may be more sh

the motion tells the judge that stanley woodward used to represent trump employee 4, prosecutors toldmp employee fourth and walter not a quote raised a potential conflict of interest, the government specifically informed mr. woodward that the government believe trump employee 4 had information that would incriminate nauta. mr. woodward inform the government that he was unaware of any testimony that trump employee four would give that would incriminate nauta and had advice trump employee and nauta of the government's position about a possible conflict. according to mr. woodward, he did not have reason to believe his concurrent representation of trump employee 4 and not out raised a conflict of interest. and then, this happened. trump employee 4 retain you council on july 5th and on july 27th, the grandeur returned a superseding indictment adding carlos de oliveira as a defendant and charging all three defendants with obstruction of justice offenses stemming from their attempts to have trump employee 4 delete security camera footage at mar-a-lago. so, when stanley woodward was represent

alicia kearns stanley.ple of hong kong ? kong? >> of course i care about people from hong kong. i care about the whole set of the relationships between britain and china. and i think what mr cleverly is doing today really good thing to today is a really good thing to happen. i think it is high time we try to reset , revert, if you we try to reset, revert, if you like, to what you might call the cameron osborne set of relationship with china and by the way, i don't i did read your report and congratulations on it . i didn't see it in any way as the kind of hawkish represents in which you just gave. okay >> but isn't it absolutely classic british foreign policy towards china ? china does towards china? china does something outrageous , like the something outrageous, like the security law in hong kong . it security law in hong kong. it breaks the joint declaration when we make a few noises. at the time . and china, a very the time. and china, a very ancient civilisation, plays the long game because it knows if

. >>> morgan stanley's wealth management on reasons to get bearish quickly in this market. >>> stocks are extending yesterday's drop as the yields rise, the s&p and nasdaq are now on pace for their worst week since march. >> interesting action in bonds as the ten gets back to 4.2. weird. today we got decent productivity data, labor costs were okay, and then prices paid on the ism back to the highest levels since april. so the market's sussing out what is the inflation trend right now. >> watching that inflation trend and that commentary we got from warren buffett and his confidence in treasuries and the fact he's going to keep buying is just a question of which treasury >> right and then, of course, a slew of corporate results. we talked media last hour with warner bros. discovery all eyes are on apple and amazon and their commentary about the back drop. >> i think we're going to be seeing the tea leaves of amazon and what we'll see in the next quarter. i think that's important. >> very big night of results coming their way ahead of the jobs number. >>> despite our next guest pointing

e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. >>> welcome back to "worldwide exchange." looking at u.s. futures. the dow taking a dip to the down side it looks to open up 20 points lower right now. moving lower since the time we started the show at 5:00 a.m s&p up and nasdaq is up over 1% in the pre-market. let's see how europe is shaping up as the trading day gets under way with julianna tatelbaum in the london newsroom. >> frank, good morning europe is taking a cue from wall street let's start here with the gains across the board the standout is the hang seng rallying 2%. nikkei 225 in japan put on .90%. shanghai added 12 points as asian markets closed for the trading day, we got news from the brics nations meeting in south africa that they are inviting six additional countries to join their all

e*trade from morgan stanley.mplex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. progress toward global net zero will take big thinking put into even bigger action. it starts with us developing and deploying carbon capture and storage to help lower our carbon intensity. while also developing partnerships to create world-class storage hubs to help other industries, like cement, reduce their emissions too. innovating toward lower carbon solutions today, while helping others do the same for the future... that's energy in progress. ♪♪ we never just see the numbers, we see the people. my dad started trek in a red barn in waterloo, wisconsin. and now it spans the globe. you wanna take what was given to you and you wanna build it. and you wanna pass it along. if i can do that, i would have done well. that's why we're here... to help make it happen. ♪ >>> welcome back to "worldwid

e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. . >>> we are back on "closing bell." the s&p 500 trying to snap the longest losing streak of the year on the back of federal chair powell's speech. our next guest says that stocks won't add too much value to investors' portfolios from here. welcome back. good to see you. >> hey, scott, how are you? >> good, thanks. let's deal with the fed chair's speech first. what did you think of it? and what do you make of the reaction here as we head towards the close in the stock market? >> well, i guess in digesting all the things he said, which wasn't much, there wasn't anything new there, i guess the missed opportunity that i kind of see is that he could have been a little more hawkish than he was. we certainly have had a run of very strong economic numbers, wh

very different views coming from morgan stanley and goldman sachs.ry: we now take you live to hawaii where president biden is paying a visit, meeting with first responders given the massive disaster that has claimed at least 114 lives. this was the deadliest u.s. while firing more than 100 years. you can see earlier pictures of the president arriving on the island. he has received some criticism for his response to the historic disaster. he is meeting with first responders to surveyed the destruction from the wildfires. we have more to come on daybreak australia. this is bloomberg. ♪ reported taking healthier actions. because they know health isn't just a future state. health happens now. start your dna-powered health journey today with personalized insights from 23andme. shery: market index fell for an eighth session monday. it is turning into a messy august for broader em assets. for more, let's bring in our analysts. we have seen these risks with em. how bad has it been? >> has been a bad month for emerging-market assets. when you look at the inde

morgan chase, morgan stanley, and goldman and morgan stanley stock is where it is.there since mr. solomon took over, and i can't imagine that goldman, which is accustomed to being the top cat in this set in wall street likes what it sees there. >> no they can't be happy with it pdf to look at the context. those businesses are in a cyclical low. >> morgan stanley has moved into asset management and asset gathering to a different scale. >> annuity livestream revenue, they get paid regardless of what's going on. >> they do better. as far as somebody else's slogan? >> is goldman hoping for an ipo return? talk a lot of areas that might happen, but what is up with the consumer products? projected consumer business is under a cloud of intrigue and uncertainty. we don't know if they are holding onto the credit card business. that is in itself a source of uncertainty. >> this is the apple branded car. >> i recalled something like a 10 year deal left with apple. they would need apple to sign off on that transaction. for the most part, their continued business will look like,

stanley lovell is another one.came essentially orphaned and found his way to cornell -- was at dartmouth then cornell? john: yes. jeff: he really rose through modest means. and, he is not a household name. how did you find him? john: yeah, he was orphaned from a young age. both of his parents died young. he was raised essentially by his older sister, who put him through school. i found him through researching my dissertation. i went to school at the university of texas. i was working on scientists within the intelligence community. through reading about that, i would come across this name, stanley lovell, he is the guy during world war ii who invented the kinds of things like glowing foxes and cyanide pills and all kinds of stuff. i was intrigued, but i was focusing on my dissertation. every time i would go to the archives and we were talking backstage, we spent a lot of time in the national archives -- every time i would go, do not tell my professors, but half the time i would work on my dissertation. the other ha

morgan stanley. e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley we're carvana we created a brand new way for you to sell your car go to carvana answer a few questions and our techno wizardry calculates your car's value and gives you a real offer in seconds we'll come to you pay you on the spot then pick up your car that's it at carvana >>> welcome back to "worldwide exchange." time now for your big money morning movers sitting pretty, rising double digits after the company raised guidance to due to a 76% increase in sales. reporting the sales growth and

let's think stanley and steven. [applause] please join us in the lobby. thank you very much. ♪ weekends on cspan2 are an intellectual feast. every saturday in american history tv documents america story. and on sunday book tv brings you the latest in nonfiction books and authors. funding for cspan2 comes from the television companies and more including cox. >> is extremely rare. but friends don't have to be. when you are connected you are not alone. cox along with these television companies support cspan2 as a public service. ♪ this fall watch c-span's new series books that shaped america. join us as we embark on a captivating journey in partnership with a library of congress which first create a book that saved america list to explore key works of literature from american history. the books featured provoke thought, one awards, led to significant societal changes ann our still talked about today. from featured renown experts will shed light on the books impact on these works in virtuad virtual journeys to significant locations across the country intricat

e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley ♪♪ it's time to bring balance to business travel. and discover the equilibrium that works for you. at national, you're in control. skip the counter, choose any car in the aisle... and manage your rental right from the app. so you can mix work... with leisure. or leisure... with work. giving you the control to find the perfect balance. go national. go like a pro. ( ♪♪ ) ( sfx: people cheering ) ( sfx: stock exchange bell ringing ) ( ♪♪ ) ( ♪♪ ) ( sfx: people celebrating ) ( ♪♪ ) ( sfx: people celebrating ) ( sfx: stock exchange bell ringing ) >>> we're back. bob pisani with today's "etf edge." still talking about bitcoin? >> reporter: a lawsuit against the s.e.c., gately improving the chances that an etf will be approved. let's as

morgan stanley. >>> welcome back time for fooip"final trades. brynn?can sell the november one around $3.20, which annualizes around a 7% call premium, it's a good total return. and i like the space for the rest of the year >> steven weiss? >> yes, alibaba. it's an opportunity to buy >> jason >> northrop grunman. geopolitical issues are still a major problem. stock is down 18%. >> joe >> schlumberger is a name we own. >> we'll see you tomorrow. "the exchange" with kelly evans comes up next. i usually sit next to you, but not today. back over to you, kelly. >> thank you very much, dom. welcome to "the exchange." i'm kelly evans. ahead this hour, as you can see on your screen, stocks are under presh we are the dow down nearly 300 points and the nasdaq, dropping as fitch downgrades america's rating did the bond market sniff this out? yields on the 10 and 30-year,

e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. (woman) what if my type 2 diabetes takes over? and stay on top what if all i do isn't enough? or what if i can do diabetes differently? (vo) now you can with once-weekly mounjaro. mounjaro helps your body... ...regulate blood sugar... ...and mounjaro... ...can help decrease how much food you eat. 3 out of 4 people reached an a1c of less than 7%. plus people taking mounjaro... ...lost up to 25 pounds. mounjaro is not... ...for people with type 1 diabetes or children. don't take mounjaro if you're allergic to it,... ...you or your family have medullary thyroid cancer,... ...or multiple endocrine neoplasia syndrome type 2. stop mounjaro... ...and call your doctor right away... ...if you have an allergic reaction, a lump or swelling in your neck, severe st

e*trade from morgan stanley.asy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. let innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows. >>> welcome back to "power lunch." hawaii's devastating lahaina wildfire developed the need for a better warning system, especially because the fires are becoming more intense and popping up in places they never did before. jane wells is in laguna beach, california. jane, you're looking at new technologies being tested now, right? >> reporte

thank you much, tim stanley, for you so much, tim stanley, for joining us. also thank you joining us. you very to for your very much to my panel for your comments. plenty to come on comments. plenty more to come on my common crusade. next, my common sense crusade. next, we'll former we'll be joined by the former cop turned campaigner, harry miller after disastrous miller. after another disastrous week for the police's pr firm . week for the police's pr firm. first, though, it's the weather i >> -- >>a >> a brighter outlook with boxt solar proud sponsors of weather on . gb news. on. gb news. >> hello , i'm marco petagna. >> hello, i'm marco petagna. here's your latest weather update from the met office. we'll see a mixed bag of weather across the uk over the next few days. there'll be some sunshine, but some rain too. but things will turning warmer will be turning warmer certainly towards of the towards the middle part of the coming low pressure is coming week. low pressure is anchored towards the north—west of uk the moment. that's of the uk at the moment. that's feeding fair few show

taveras did not goat to choose stanley woodward at his lawyer. stanley woodward was apparently appointed to him by one of the lawyers on trump's legal team, which is wow. but after federal prosecutors told mr. taveras he was facing possible criminal charges for lying to the grand jury about that security camera footage and after prosecutors raised the possibility that having the same trump funded lawyer representing defendants and witnesses was a potential conflict of interest, well, the judge offered mr. taveras a chance to talk to a different lawyer about those conflicts, a federal public defender, not a lawyer paid for by donald trump or his pac. and guess what happened? according to this new court filing from the special counsel this evening, immediately after receiving new counsel, trump employee 4 retracted his prior false testimony and provided information that implicated nauta, de oliveira, and trump in efforts to delete security camera footage. that is what led to the surprise superseding indictment against donald trump and his codefenda

e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. here in the bay, our cars takes and all of our stuff where we want to go. but, our cars can't take us e with unpaid tolls. vehicles with overdue, unpaid tolls may not be able to renew their registration until outstanding balances are paid. payment assistance is available. visit bayareafastrak.org/ase so go pay your unpaid tolls y and keep your wheels on the ! >>> welcome back to "power lunch," everybody. bitcoin up rather distinctly, 7.5% or thereabouts as a court ruling may have cleared the way for a bitcoin etf. >> so crypto bulls are one step closer to the long awaited approval of a bitcoin etf, a court of appeals siding with gray scale. the s.e.c. had denied their multiple attempts to convert the $20 million bitcoin trust into an etf. also known as

stanley woodward is still defending walt nauta.nd there is the possibility now that one of his former clients, yuscil taveras, will be testifying against one of his current clients, walt nauta. they're taking opposite approaches with regards to this case. one is cooperating with the feds, one is not. so, how does that work, that stanley woodward can't be conflicted out of this? >> as well, let's not forget, two other witnesses who are at issue in this very same case. and that were the subjects of the government motion for this, what's known as our garcia hurrying, or cursio hearing, different words for the same thing. which is a hearing in front of the judge, where she will decide, first of, all will appoint independent counsel, in the witnesses and defendants can decide, but she ultimately may have to make the decision, as to whether there's a fatal conflict. so, woodward in this case, actually agreed, as he had to, that there should be such a hearing. what he then did was went on offense. and said, actually, the remedy here, beca

one name i'm watching is this one. >> morgan stanley.nk it's unfairly beaten down today it's a wealth management capital stock. >> cvs it's really cheap. >> that does it for us thanks for joining us. "the exchange" starts now. ♪ ♪ >> thank you very much, courtney welcome to "the exchange." i'm kelly evans. here's what's ahead today. another day, another big downgrade. this time it's moody's downgrading several u.s. banks, and warning more could follow. while the banks are under pressure and retrenching, private credit continues to step into the lending breach. we'll speak with the ceo of one company that says they're well positioned to benefit. >>> plus, big pharma in the right spot shares soaring o

morgan stanley. innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows. >>> it is 5:30 a.m. in the new york city area here is what's still on deck stocks set to kickoff a new trading month and the rally for the nasdaq. >>> earnings with the busy week of results with more than three dozen names on tap ca >>> ramping up a.i. ambitions. meta looking to lean on the tech to keep more users on the platforms. it is tuesday, august 1st. you are watching "worldwide exchange" here on cnbc >>> welcome back to "worldwide exchange." i'm frank holland. let's check on the stock futures with the new month of trading. futures are at lows of the se

e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley >>> welcome back to "worldwide exchange." we're following a developing stoifrm hurricane idalia is gaining strength and is looking to make landfall in florida as a category 4. it's currently a category 3. there could be maximum winds of 135 miles an hour. nbc's jay gray joins me now with much more. jay, good morning. >> reporter: good morning, frank. an update to that. we now know idalia is a category 4. it ee reached that 130-mile-an-hour threshold and now a major category 4 storm barreling in on the coast of florida. that just happened. we just got an upday on that. what does that mean? severe winds, a strike along the coast with a storm surge of 12 to 16 feet. that would be unprecedented in this area to see that wall of water

stanley pavel dyadyuk and other hockey stars. well , of course , thousands of people who wished to attend the stands gathered to look at the star cast, filled with caviar just coming to an end. diamond thank you have a good broadcast. and we continue the big news with the audience of moscow and the region see you in a few seconds. and again to one of the main topics of the issues at the site of the explosion at the plant in sergiev posad , the rubble continues to be cleared by this minute , the number of victims has increased to 60. he works there all day. my colleague eduard puegov. now he is on direct line eduard hello what is known at the moment? hello , tatyana, the area around the plant where the explosion occurred is still cordoned off . emergency services are working today in the sergiev posad urban district , a state of emergency has been introduced. district head held an emergency meeting with the leaders, the management company of the criminal code conducts house rounds. there are already more than 100 of them regarding

e*trade from morgan stanley. make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. >>> the market zone presented by e-trade from morgan stanley. trade free today with no account minimums >> let's get back to eamon javers as former president trump is about ten minutes away from his arraignment. >> we have seen the motorcade arrive at the courthouse in washington, d.c. look at the pictures of the media scrum outside. this is getting quite a bit of attention from global media. we were taking a gander at all the reporters there from all the way around the world and broadcasting in all kinds of different languages. this is a historic occasion. it is the first time we have seen a president under indictment as he is now this week under four charges relating to attempting to overturn the 2020 presidential elections. nothing like this has happened in u.s. history before we ex

e*trade from morgan stanley.cans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. i have moderate to severe plaque psoriasis. thanks to skyrizi, and stay on top of the market. i'm on my way with clearer skin. 3 out of 4 people achieved 90% clearer skin at 4 months. and skyrizi is just 4 doses a year after 2 starter doses. serious allergic reactions and an increased risk of infections or a lower ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine, or plan to. nothing on my skin means everything! ♪ nothing is everything ♪ ask your dermatologist about skyrizi. learn how abbvie could help you save. somebody tweeted me, stop talking about just about donald trump. i get it, we talked about other things. we talked about taxes, that we talked about russia, but if you need a break from trump criminal indictment of the first two episodes of my brand new velshi banned book c

e*trade from morgan stanley.werful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley >>> tech continues to rally back from august lows with the nasdaq having its sixth update in the past seven our next guest warnings growth stocks are still too expensive joining me, avery. >> great to be here. >> valuations have come down a little bit >> a little bit. i don't know, it looks like a little blip. it was looking like maybe it was going to be more significant. >> so you don't want to touch these stocks >> it's a consistent theme whenever we've spoken. we're very valuation sensitive the market is not so valuation sensitive. look, there continue to be mega cap tech stocks that we do like because they trade at very reasonable multiples relative to treasuries, relative to the short end of the curve, right? but there are a lot of

lisa: we are going to be speaking with michael of morgan stanley later. he has a note out talking about the fiscal backdrop and how much of a variable that is with respect to stock performance. how does that factor into what you are expecting going into an election year with -- which tends to be tumultuous? lori: when we were going through this targeting refresh last week, we looked at one of our political tests, a simple election cycle test. we notice the current year we are in tends to be the strongest for the markets. it has been one of the more positive signals. next year, the election year or presidential year tends to be one of the weaker years in the election cycle. i juxtapose that with what i have been hearing from investors. keep asking, win are people going to start paying attention to the election? my response is, i think it is starting now. you are all asking me about it. it seems to me this is emerging as a big source of uncertainty as to what is going to happen with the election next year, both in terms of the presidential race and congress

e*trade from morgan stanley.l, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley sleep more deeply and wake up rejuvenated. purple mattresses exclusive gel flex grid draws away heat relieves pressure and instantly adapts. sleep better. live purple. right now save up to $900 off mattress sets during purple's labor day sale. visit purple.com or a mattress firm near you. the power goes out and we still have wifi vto do our homework.a and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> senior markets commentator mike santoli for his "midday word." a bit of a roll over, what

morgan's and the morgan stanley's and in the spirit of investing long-term trading, yes. the very long run. guy: in terms of what else we do in the banking sector, you have a jamie dimon, when you have of morgan stanley and a jp morgan and some of these big things that diversify and push into wealth and the cost of capital is going down, why would you look elsewhere? is there any attraction in that space that looks undervalued. ann: for the reasons you laid out, i would not look elsewhere. the ability to move in these highly profitable businesses, very few players can do this. i want to look at other layers in the banking sector -- space. moving where the banks cannot go because of the regulatory environment, maybe that changes over time so i will look at the portfolio that has a high quality makes an other banks playing where they can't. alix: does the government or do we want banks to be utilities or do we want them to be risk takers. it seems like the big guys take risks but this -- but the smaller guys take utilities. ann: the big guys are taking calculated risks with

alicia kearns stanley.ple of hong kong ? kong? >> of course i care about people from hong kong. i care about the whole set of the relationships between britain and china. and i think what mr cleverly is doing today really good thing to today is a really good thing to happen. i think it is high time we try to reset , revert, if you we try to reset, revert, if you like, to what you might call the cameron osborne set of relationship with china and by the way, i don't i did read your report and congratulations on it . i didn't see it in any way as the kind of hawkish represents in which you just gave. okay >> but isn't it absolutely classic british foreign policy towards china ? china does towards china? china does something outrageous , like the something outrageous, like the security law in hong kong . it security law in hong kong. it breaks the joint declaration when we make a few noises. at the time . and china, a very the time. and china, a very ancient civilisation, plays the long game because it knows if

e*trade from morgan stanley.h verizon business unlimited, i get 5g, truly unlimited data, and unlimited hotspot data. you can stay on top of the market from wherever you are. so, no matter what, i'm running this kitchen. (vo) make the switch. it's your business. it's your verizon. >>> we're at the top of the line-up and here comes the 3-2, and this one lifted in the air and deep. and did he catch that? he certainly did. wow, what a play. >> what a play. that was the diamondbacks alec thomas running down a fly ball to take an extra base hit from the texas rangers in the top of the ninth inning. arizona goes onto beat texas 6-3 and move that you infinal national league wild card spot mere percentage points behind the chicago cubs and one half game ahead of the cincinnati reds and san francisco giants. to the south side of chicago, the seattle mariners extended their win streak to eight games to take another step towards their first al west title since 2001. the mariners are now one game to first place marking the f

e*trade from morgan stanley.e tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley ♪ tourists tourists that turn into scientists. tourist taking photos that are analyzed by ai. so researchers can help life underwater flourish. ♪ and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health versus 16 grams in ensure® high protein. boost® high protein. now available in cinnabon® bakery-inspired flavor. learn more at boost.com/tv >>> just in. we know how the former president will react to this news of the new indictment in georgia. moments ago he just announced he's going to hold what he calls a major news conference knicks monday next monday. alayna treene joins us with more. what's the plan? >> as you said, moments ago, donald trump announcing on social media that he's going to be holding this, quote, major news