we spoke to stanley about that too.— stanley about that too.aking videos about _ stanley about that too. no one is making videos about the - stanley about that too. no one is making videos about the cups - making videos about the cups leaking? making videos about the cups leakin: ? , ., ,, ., , making videos about the cups leakinu? , ., ,, ., , ., ., leaking? they are. stanley are not, the were leaking? they are. stanley are not, they were happy _ leaking? they are. stanley are not, they were happy about _ leaking? they are. stanley are not, they were happy about the - leaking? they are. stanley are not, they were happy about the fire - leaking? they are. stanley are not, they were happy about the fire and | they were happy about the fire and they were happy about the fire and the survival but some people have said it _ the survival but some people have said it leaks and spills but stanley told us _ said it leaks and spills but stanley told us it — said it leaks and spills but stanley told us it is not supposed to be leak—proof and it is not pe

people lining up across america to snag a stanley.o get the pink and red cups was viewed more than 10 million times on tiktok. >> people are going to extreme lengths to obtain these cups so that stanley not only serves as a water container but also as a reminder of hopefully a special time in people's lives. >> the quencher seen in this ad by stanley comes in five sizes, the most popular 40 ounce model sells for $45. the most sought after cups listed for hundreds on ebay. >> it's crazy that we as consumers will pay for that. the reason we're paying for it is precisely because it is difficult to get or maybe even impossible to get. nothing against stanley, but certainly the question could be raised how popular would this be if it never had been limited edition or if it were to easy for people to get? >> i just think they're cute. >> devotees say they it's worth every penny. >> i have 11 stanley cups and i have more on the way in the mail. it will bring my total up to 15. it is a little expensive for a cup, but when you think about it e

morgan stanley is a more diversified business.e end of the day, in down markets, morgan stanley had higher returns this year where the investment banking business was find out if you're sitting on a gold mine. call coventry direct today at 803 83 9200 or visit coventry direct.com on $100,000 margin. loan interactive brokers charges just 6.83%. do you know how much your broker charges? fidelity and schwab charge over one and a half times as much. e-trade and td ameritrade are even higher. move your account to interactive brokers and save at least $5,200 or much more. if you're trading big bucks. avalara. we can calculate sales tax automatically. avalara. what if tax rates changed? filing sales tax returns, business license guidance, cross-border sales item classification? does it with. this is bloomberg markets and i'm sonali basak with john ehrlichman real estate private equity firm rockpoint has just closed its latest opportunity fund at $2.6 billion, bringing total capital commitments to roughly $5 billion in this latest cycle.

morgan stanley.king.com ♪ somewhere, anywhere... ♪ ♪ i just want to lie motionless in a chair! ♪ booking.com, booking.yeah ♪ ♪ katie: welcome --sonali: welcome. i am standing by with an exclusive interview with james gorman, executive chairman of morgan stanley, recently stepped down as ceo. your new role as executive chairman. what is your most urgent priority? james: this interview with you. [laughter] it is to support ted. he is terrific, will be a great ceo. my job is to help him as best i can but stay out of it. that is my priority. sonali: you used to handwrite a checklist of priorities at the start of every year. if you think about how you change gears into executive chairman, what does that list look like? james: i did not write it this year. i did that when i was ceo. it gave me a framework for focusing on the big things that matter. there are thousands of issues that come at you. you can easily lose sight of the stuff that matters. every year, i would tea up on the first day i came into off

. >> and the stanley cup usually means something to hockey fans. now it is all the rage for shoppers. one north cal woman to get her hands on these elusive tumblers . >>> thousands of california state university workers that went out on strike today will be going back to work tomorrow. in the past hour the two sides announced they reached a tentative agreement. nearly 30,000 faculty workers were asking for better pay and benefits and they were supposed to strike all week. the union still has to ratify this agreement but teachers and students are set to go back to class tomorrow. >>> a safeway in san francisco's fillmore neighborhood slated to close in march will stay open for now. community members fought the closure in part because it was the only major grocery store in the area. that closure was announced after the company sold the lot to a developer. today, mayor breed said the city struck a deal to keep the store open through early 2025. >>> back to all of the rain that we have seen that left plenty of flood damage along the coast like in santa

the stanley tumbler.wildly-popular product has been around for more than a century steven romo has more >> reporter: drawing screams of excitement and tears of joy this year's hottest status symbol and most-coveted holiday gift >> i got a stanley >> reporter: is the stanley tumbler. the 40-ounce quencher, a favorite for preteens and adults alike costs $45. fans lining up for new releases and limited-edition items like these valentine's day bottles. it's reminding some of the beanie bbean b beanie baby cce craze. the sales have gone from $75 million to $750 million, a massive bump for a brand that's been around for more than a century. but how did stanley cups go from thermoses for construction workers to a 13-year-old's dream gift at first the quencher was a flop it wasn't until a group of moms running a blog took liking to it >> they had a keen eye for what colors might work for their audience, and they were right. >> reporter: stanley's president spoke to our colleagues at cnbc. under his direction, sta

>> yes. >> the stanley cup.l that to the players next time you interview them. >> tell them. >> >> it's now officially a two-person race for the g.o.p. presidential nomination after florida governor ron desantis suspended his campaign. >> and now a fond farewell to ron desantis. ♪ ♪

morgan stanley up 1.6%.is is the final quarter of james tanner and their passing the reins over. lisa: we are hearing from david solomon calling 20 for the year of execution. what is the year of execution? sonali: you have to remember last year there were a lot of quarters where they had returns that were muted, below expectations, and sometimes the worst they have seen in years. what you are seeing now is them turning around the story, not only beating on key metrics. they are the only bank that brought in one more than $1 million in a bad year for deals. last year. they are bringing in still more than a billion in fees and buys meant. they are having their acid wealth manager beat expectations. last year they took a lot of churches tied assets tied to charges of the consumer unit they were offloading or when it came to their historical principal investments. these are balance sheets heavy investments they are trying to reduce reliance on. in their most recent quarter they announced they have beat their fun

the firm is citing a huge ramp-up in the brand stanley.i disrupter last june, but they jupdz estimated their staying power. those 40 ounce battle bottles are incredibly popular with girls in the younger generation. so much so, the limited edition at target starbucks version has led to large lines and chaos in targets yesterday. they retail for about $50, but some are selling for more than $200 on ebay. here to discuss is brian mcnamara. welcome. >> likewise. thank you very much for having me. >> i only realized a week ago a stanley tumbler, and now i see it everywhere. explain how disruptive this product is. >> we launched on yeti when i joined in november of 2022, and to be frank, it wasn't even on our radar yet. it came to our radar where we do these store checks with dick's sporting goods, yeti's largest wholesale partner. the best part of doing primary work like that is you go in, expecting to uncover, you know, affirm or disconfirm, some conclusion, you know, you expected. the best part about this research is coming up with the volunt

. >> los vasos stanley hacen furor dentro y fuera de internet con ventas que superan los 750 millonesrca centenaria que llego al exito gracias a unas blogueras. >> recuerdas de sofia que no era una santa ni un heroe, que se convirtio en un monstruo. >> sofia vergara habla con noticias telemundo sobre su nueva serie griselda que se estrena hoy. >> nos cuenta como llego el proyecto a sus manos hace 15 anos, como pudo hacerlo realidad y como se enfrenta a una demanda de la familia de la narcotraficante. >> con nicole suarez y octavio pulido. >> muy buenas buenas tardes, gracias por acompanarnos en noticias del mundo y a jueves, gracias por su sintonia. >> vamos a la informacion de esta tarde. >> la suerte es que azotan la costa del golfo han generado inundaciones repentinas, principalmente en la franja desde texas hasta realizar decenas de rescates, millones de personas siguen bajo alerta de inundaciones y solange sosa nos tiene los detalles. >> y azotan desde ayer alguna zonas del sur del pais, mantienen alerta el area del golfo, donde dejaron severas inundaciones. >> la amenaza se exti

stanley coin for being with us. i'd like to start off with mainstream media's favorite question: do you condemn hamas and what are the legal definitions of their actions according to law? i i like to respond to that question with who did you pick on before hamas from 1936 to 1985? the mainstream media likes to use hamas as the convenient boogie man, likes to use any quote unquote islamist movement. even one that's overseing with all the difficulties the civil society that was voted into office, but it's always hamas, hamas, so they look to october 7 and they completely ignore the history of israel genocide, israely ethnic cleansing, israeli war crimes, israeli crimes against humanity, they say it's hamas, do i condemn hamas? no, hamas is national liberation movement that has been in the forefront of the resistance since 19. 85, it has a leadership that is highly educated, sophisticated, learned, committed to their people, from gos. these are not people that one day pick, got a plane and came from brooklyn as designe

there is morgan stanley down 4%. >> the stocks were up anywhere from at that 25% to 40%. they had to be perfect quarters, beat expectations not just meet expectations a lot of them just met expectations including jpmorgan. okay, fine, maybe they had better net income. it by no means was a blowaway quarter. i'm looking at morgan stanley, i can't believe was down when they had far better than peer industry numbers in terms of m&a, fees, even fic but better than wealth mappingment fees up as well. to me the problem with morgan stanley is their expenses were up the new ceo has to prove himself. >> didn't you trim it, though? >> i trimmed it to buy something that we'll talk about later. >> wealth management was up or flat >> wealth management fees beat 41 bips up and expectations were up for '24 they did beat the number >> they beat it but it was flat, right? >> a beat is a beat. people expected it to be down. >> i disagree. >> well, fine -- >> wealth management is 50% of the business and not growing >> no one is growing in wealth management, josh last year was horrific for we

i love these things. >> just not stanley cup -- >> i'm going to bring the stanley cup. >> finally, the playoffs kick off this week. in perhaps the biggest game, the chiefs versus the dolphins, is only available streaming on peacock, not on network tv. the nfl certainly scored a touchdown getting $110 million in comcast which owns peacock for exclusive rights to stream the game. but this will be the first time ever a playoff game is not available on broadcast or cable tv. so kristen, are you as outraged as i am about this, and at the nfl's greed? >> i'm probably only not outraged because i think i already subscribe to peacock, so it's no extra money out of my pocket. i'm use today to paying extra because i pay for the nfl red zone channel. i'm a huge football fan. i can understand how if you are a football fan you're now like, wait a minute, i got to subscribe to amazon to watch the thursday night games, i have to have a cable package. it's a lot. >> and i don't have peacock. >>> our next story is nothing to laugh about. a dangerous trend impacting the lives of elected leaders, judges,

we have morgan stanley and j.p.organ both saying you want to buy the five-year note in particular. we have morgan stanley, this is bad news is good news, saying some of the upcoming data could be disappointing. that could support the idea the fed will cut as expected. right now, five cuts are priced in. you have j.p. morgan saying the level, they say the markets are aggressive on timing. they talk about the fact we have options starting tomorrow and there is the gdp number on friday. if we look at it in context with a number of cuts expected, and these were some of the points we were talking about including the options and treasury debt, if we look at the five-year note relative to the number of cuts expected, not surprisingly in blue is the five-year note peaking at 5% last year. as we went from two cuts priced in up to six, look at that, greater than six down to five, that has the five-year note higher. it will be interesting to see whether matthew and morgan stanley -- at morgan stanley, this will prove to be the

. >> that trendy new stanley cup craze. now the stanley cup play the hockey thing. no. now a different stanley cup could land the unsuspecting customer here in trouble with scammers south fraudsters are tricking buyers. you have to have the latest topic. >> take a look at these 6 puppies there in the bin were saved by those 2 teenagers. santa clara firefighters say the kids found that plastic box with a lid shut near the side of the road. this is near scott lane elementary school on sunday. you can see some of the pups there popping their heads up. officials say one of the boys then drove around to several vet offices, but all were closed on the weekend. kids then dropped off the puppies at fire station number 2 because they didn't know what else to do, which was a good decision. the puppies are now in the care of silicon valley. animal control and officials say the good deed potentially save the puppies lives since the temperature drop significantly that night. >> you might remember these videos, people going crazy over limited edition of valentine's day stanley cups a

so i like jpmorgan, i like morgan stanley even better at these prices. >> you have morgan stanley asnervous, to be honest, it's up 24% from the lows. >> uh-oh. i know what happened the last time you got nervous heading into earnings. do you remember that one? >> and i was right. >> that was nike. >> this is the reason i'm nervous, nothing to do with the fundamentals. there are puts and takes. the stock is up 24%, rerated to 17 times. my suspicion is that's why you traded yours. i didn't want to get too cute and trim around. i like it for all the reasons you said, sarat. what ted pick needs to do is reiterate 20% rotce for the medium term. pretax wealth margins and a trillion dollars in asset growth every three years. those are the three metrics that everybody that has an interest in the name needs to hear and we have to hear how they're going to do it. >> mike santoli is next with his "midday word." we have to trade a couple of the day's biggest winners and biggest losers and wwi de llo that as well. we're back in two. i was only 23 when i was first diagnosed with non-melanoma skin c

and i'm going to get one and wear it here on set. >> but not with a stanley cup. >> not with a stanleyevolutionary as the iphone? >> it's different. it's going change the way we work and use entertainment. it's just the first step toward heads-up computing. >> the videos are really interesting. >> they're astonishing. would you like a demo? i can get you one. >> i would love it. thank you all for being here. fascinating as always. thank you for spending part of your day with us. we'll see you back here next week.

clearly, that is very important to morgan stanley but that will be at any bank on wall street. if you think about the big six, when you hear of -- about city going through the restructuring -- citi going through the restructuring, it's going to matter for those that either decide to stay, coming in, or have left. a lot of people might choose to leave because they don't want to go through that restructuring. you think about jp morgan. jamie dimon developed a culture and that one is a little more straightforward at this point. they are moving ahead, really building, and their dominance is continuing to spiral so i think that was morgan stanley, this is a chance for them to continue the culture. starting from a pretty stable level. it is just a matter of can he continue that momentum? can he continue these the ability -- the stability? jon:jon: what about on the capital issues specifically? you had the executives that made their way to washington not that long ago and clearly in the conversation, james gorman highlighting some of those failed banks and essentially saying one offs.

goldman sachs and morgan stanley don't have that. so i think a lot of investors are going to be questioning where will their earnings growth come from this year? guy: there have been some layoffs but not an enormous amount. if we continue with these kinds of numbers, does that become a more difficult argue mght to sustain? -- argument to sustain? >> i think so. on friday we heard from citigroup saying that they are going to be cutting 20,000 jobs over the next two years. so i think we're going to start hearing some of those bigger numbers finally come out. but again, two years is a big time horizon for those kinds of cuts. they might have time to change their minds if things really get better. so we'll see. i don't know that we're going to be hearing anything that drastic from these banks tomorrow but certainly if things kind of continue the way they have, that becomes a more real reality. guy: what's happening on the asset management front, particularly for morgan stanley? >> that's a good question. that's an area that was weak in t

it's a waste of money and time, and apparently, some injuries. >> i love stanley cups, but real stanleyust got. [laughter] tampa bay lightning. >> go! >> harris: i live with teenagers. i know what a stanley cup is. [laughter] i got one for christmas from somebody here at work. i took it out. we were sitting around the tree, and my daughters were like "you get a stanley cup?" [laughter] i was like what just happened right now? not buying them. they are expensive. i will have to share the one cup. >> lisa: we knew you were cool. [laughter] >> kayleigh: the company behind sweethearts is putting a modern twist on the classic treats. they are now called sweethearts for those who weren't sure that they are with the right person, in what are now known as situationships. the candy features blurry misprinted messages to match your murky relationship status. the company says they are "as hard to read as gen z relationships." >> pete: i'm glad it's meant to be a joke and not some woke nonsense. stanley cups, i know nothing about this either. [laughter] we need them to read, grow up, be a man. [lau

morgan stanley was at 70, went to 92. sell, sell, sell wells had a good quarter it doesn't matter, david this group was set to sell and they're selling it. >> i feel like it seems so rare that the group actually really does perform well after earnings >> i couldn't find the time. that's a very good call. >> a great consistency >> if they ran, you're so right. that's your feel but 'em peericly it's absolutely true it's a really bad group to own. >> they don't seem to underperform to your point had numbers well above what most of the analysts had been expecting there are fdic charges that some have included in their estimates. overall we can tell you goldman better-than-expected. >> i was going over goldman with goldman people i know, i said, wow, great quarter, sorry about what going to happen they said, what's going to happen i said, well, your stocks go down that's what banks do when they go up into the quarter david is right thes these. >> record aem, up 2 trillion a piece in "the consumer" how they're doubling down on

earnings from goldman sachs and morgan stanley due out today. jennifer ceraintly, local wall street expert, joins me now this morning. what do we need to know here? >> some of the big takeaways from last week were really that 2023 was the last really bumper year for net interest income. you had a lot of banks revising things down, talking about the fed, if they are on pause or start to cut rates, that is not good for interest income. we will probably hear more of that. the banks tomorrow, like you said, are much more focused on trading and investment banking. we're going to hear more of the same in terms of we didn't see that revival in investment banking these ceos had been calling for. trading was softer in the fourth quarter. the pressure will be on the ceos to answer for that. if that doesn't materialize, where does the earnings power come from this year? kriti: jenny will be back to dive into more of the nitty-gritty later in the hour. coming up on the show, we got from the united states to the continent of africa. nigeria's inflation hitti

stanley cup. >> and all this >> i got a stanley >> the stanley cup the $45 reusable bottles are flyingg them, decorating them, naming them, even camping out for them. >> so it is almost 3:00 in the#f morning. >> people lining up at starbucks and target stores to snag a limited edition. >> i got mine in blue. >> their cups runneth over after snagging theirs on christmas morning. >> why are you to obsessed with these cups >> usually i don't drink a lot of water, but when i have this cup, i drink more water. >> the stanley brand has been around for more than a century these cups used to be favored among construction workers but after 2017 after a popular mommy blog posted about them, the company introduced new pastel colors and sales skyrockets stanley's ceo spoke to cnbc. >> it was a slow build over many months then you can see that the waiting lists began to grow. >> adding to the hype, viral videos of the cup's apparent ap indestructionability like this one. indestructibility like this one. stanley even buying the owner a new car. it is all part of the reusable bottle craze where funct

morgan stanley is certainly not up.t looks like there has been a few misses and the market looks disappointed. sonali: there is reason to be. morgan stanley just told investors net interest income will probably be that for the quarter and have to look at the regionals, super regionals. pnc expected to be down on the year, and the question is, rates were as high as they have been for a long time. in interest income could come easy to everyone by j.p. morgan. how did the rest start to fair? guy: going to get a new environment? interesting what having a day off does to the psyche. the dollar well bid across and i am thinking maybe this is a market looking to reprice the fed. while there will be speaking at 11:00 a.m. eastern. fascinated to hear what he says. are we going to get pushback from the idea that we will get six cuts this year? feels like the market starting to reprice that. sonali: blackrock coming up with a note saying they are expecting a rise in equities this year but they are still worried about a re-accelera

chaos caused by the stanley cup craze. allegedly stealing $2,500 worth of the popular stum -- tumblers. she left with 65 cups she did not pay for, and now faces a grand theft charge. you know everything about stanley cups. >> i have four daughters, middle school and high schools, the best marketing you have seen in your life. influencers came out and mom, we need a stanley cup. i'm like ok, what is this? so many water bottles. $45 for the water bottle, are you kidding me and like become a part of this craze. literally this morning i'm on the plane and scrolling through facebook and see this ad from pottery barn, get your stanley cup engraved and a moment i lost my mind and like i could do this. i'm like what are you doing? you don't need anymore water bottles, stop. it's crazy. >> kayleigh: $50, i could go with the good old fashioned red solo cup. >> emily: what blew my mind, $3,000 worth of theft and then it was like for 65 cups. what is this ratio? >> just like the ratio of that, and went on to read for example, 16-year-

e*trade from morgan stanley [disconcerting stomach gurgle] not again.be i should get this looked at? [suggestive stomach gurgle] zocdoc? [talkative stomach gurgle] you're right, i bet they deal with this all the time. dr. finley really puts you at ease. let's do it! you've got more options than you know. book now. there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. so you can feel confident in your financial choices. voya, well planned, well invested, well protected. i could use a little help. yeah, there's a lot of risk out there. huh ♪♪ hey, is this thing hard to learn? nah, it's easy. huh. you know, i think i'm going to ride it home. good thing you chose u.s. bank to manage and grow your money. with our 24/7 support at least you're not taking chances with your finances. yeah, i think i'm gonna need a chair. oh, ohhhh. >>> bob pisani has today's "etf edge." >>> bitcoin etfs launched with big volume how are they trading and what's

stanley, welcome to economic divide. um, i'm going to continue with the same uh train of thought when it comes to the cost uh of this war uh or onslot, i must say for israel. um, the figures vary, but uh, if we're looking at $250 or $260 million dollars per day, uh, the israely economy obviously is taking an impact, um, and it's now a question of for how long can this go on, and that is something that uh, is not being um relayed by officials in charge. uh, the ultimate question here is, do you think that israel can withstand the costs that that are incurring because of this uh usrely genocidal war? um, i don't who told you they could withstand it, they can't, they can't do that, what, and if you look at, look at what netanyahu and his so-called war cabinet have to say, how they are managing things, they somehow believe that if they keep at it, they can compel the united states. and the other nations associated with nato and so to bail them out, and a certain point that's just you know not going to stop, it's it's not, you know, what they are doing is, as i said before, totally wiped o

he died, but his remains end the up an hour away in stanley, in nederland, colorado.est in that tuff shed, frozen stiff. >> is that the casket? >> that is the casket. >> reporter: every two weeks, since the early '90s, people like brad wickham have been rotating in and out, hauling more than 1,000 pounds of dry ice up this mountain. >> i can't believe it. >> reporter: all to keep grandpa tucked in for his eternal winter's nap. >> from what i understand, he was a very kind gentleman and you could just tell that he was the glue of the family. >> and still is in a way, i guess? >> yeah. >> reporter: it's a practice called cryonics. bredo's grandson lived in the house and believed by keeping his grandfather frozen in the backyard, doctors of the future may one day be able to clone or even revive im. at the worst case, this is a form of burial. but also for research. james arrowhead is co-ceo and president of the of the non-profit alcor life extension foundation in scottsdale, arizona, where hundreds of patients, as they call them, are patiently waiting, frozen at minus 32

lose >> i do not own a stanley cup. this is my stanley cup. a gator, a water bottle from when my husband used to play baseball in college. this is what i carry around every day. but this is our director, stanley cup. i'm going to sell it right after this hit. you're going to sell it? >> did you say you're going to sell it? no >> they go for a lot. well, you know what? we need to spray it pink and then we can sell it. that's what it is. right >> perfect. what's crazy is even if you don't spray paint it pink, i've seen them go for over $100. because of this craze that is limited edition. you got to get it now, sandy, i don't know if there's anything in this world that makes me so desperate that i need to seek out something on the secondary market. >> i know, i know, i mean, especially when they're going for that high. dion, you have some of these as what you told me for good reason, right? yeah >> i mean, look, i need to hydrate and you know everybody's carrying it. it's a nice fashion accessory. i saw one that happened to be a color i liked. i

stanley esrall, welcome back to economic divide. um, we're looking at the prime minister netanyahu who is um has ordered for palestinian lands to be reclaimed, or should i get, should i say confiscated? what is going on there, because um, i'd like to find out if he's... making uh, guess confiscations of these lands in order to give it back to settlers for example or to pursue it with farmers. i'm trying to get an understanding of this, if you can help us out here. what's going on in israel is not that extreme, but they don't really have any way of preventing that kind of thing from coming to pass in the um occupied areas of israel. "they may there are various things that they are doing, like they they talk about their um, you know, landholders, now the people that they are sending into the islamic sections of the israeli ground, gaza, the west bank and so on, and this it you know..." netanyahu administration has been quite open that if they want to take property that you have people who are jewishts who want to go into these areas a

stanley, welcome to economic divide. i'm going to continue with the same uh train of thought when it comes to the costs of this war uh or... slot, i must say for israel, um, the figures vary, but uh, if we're looking at $250 or $260 million dollars per day, the israely economy obviously is taking an impact, um, and it's now a question of for how long can this go on, and that is something that uh is not being um relayed by uh officials in charge. uh, the ultimate question here is, do you think that israel can withstand the costs that that are incurring because of this uh us israelity genocide? states and the other nations associated with nato and so on to bail them out, and a certain point that's just not going to stop, it's not, what they are doing is, as i said before totally wiped out gaza, the way that they're you'. care of gaza is they're killing everybody and um shoveling dirt over their graves where they've destroyed their homes, their hospitals and so on. it's time now for the inf news section of the program. agai

cup. >> it's a collectible valentine's day cup sold exclusively at target, and made by stanley, thel company. >> yeah, the one that grandpa carried in his toolbox at the construction site. >> if you can get your hands on one. >> this is the line outside the target in gilroy yesterday. the valentine's collection pink and red cups, there they are, costs between $20 and $45 depending on the size, and they are selling out in stores and surfacing in ebay for as much as $200. the limit was two cups per customer, and i assumed there was vodka or wine spritzers in there -- >> no. >> you have to have them for valentine's. >> galentine's, when you celebrate your girlfriend. >> i will tell all of my girlfriends, do not get me one of those cups, let's go have an experience and go to brunch or to the movies. if you need a police presence for cups, that's ridiculous. >> just go under the sink if you need a drink. >> it's mind-boggling, because the stanley was meant to be something durable and industrial, and my grandpa had one forever, so why do you need to replace it all the time? i don't unders

he died, but his remains end the up an hour away in stanley, in nederland, colorado.is that the casket? >> yes. >> reporter: every two weeks, since the early '90s, people like brad wickham have been rotating in and out, hauling more than 1,000 pounds of dry ice up this mountain. >> i can't believe it. >> reporter: all to keep grandpa tucked in for his eternal winter's nap. >> from what i understand, he was a very kind gentleman and you could just tell that he was the glue of the family. >> and still is in a way, i guess? >> yeah. >> reporter: it's a practice called cryonics. bredo's brgrandson lived in the house and believed by keeping his grandfather frozen in the backyard, doctors of the future may one day be able to clone or even revive him. at the worst case, this is a form of burial. james arrow hod is co-ceo and president of the of the non-profit alcor life extension foundation in scottsdale, arizona, where hundreds of patients, as they call them, are patiently waiting, frozen at minus 320 degrees, far colder than a box filled with dry ice in the tuff shed. >> w

we are using l stanley knives and rulers instead of the laser _ stanley knives and rulers instead ofser cutter, which makes it pretty difficult-— pretty difficult. this will affect us through — pretty difficult. this will affect us through the _ pretty difficult. this will affect us through the whole - pretty difficult. this will affect us through the whole of- pretty difficult. this will affect us through the whole of the i pretty difficult. this will affect - us through the whole of the course and its— us through the whole of the course and it's not— us through the whole of the course and it's notjust _ us through the whole of the course and it's notjust going _ us through the whole of the course and it's notjust going to _ us through the whole of the course and it's notjust going to be - us through the whole of the course and it's notjust going to be a - and it's notjust going to be a little — and it's notjust going to be a little problem, _ and it's notjust going to be a little problem, it— and it's notjust going to be a little problem, it is— and it's notjust going to be a littl

you're seeing tween girls cry over stanley cups over christmas.early adopters have moved on to something else. it's pronounced i believe awala. it's the new sort of it bottle. i believe that stanley is more comparable to a beanie baby on this one. it's something that people are collecting. >> maybe yeti can breathe a sigh of relief. beauty is so big, we've all been hearing about this. any beauty companies that are old news or ones to watch? >> so i think beauty -- i think lip as a category, whether it's lip balm, lip oil, everyone is buying lip products. not so much lipstick, but i do think it speaks to the general lipstick effect. people want these small luxuries. summer fridays, tons of big bra this space. we're seeing emerging category leaders, and i think in 2024, we're going to see even more entries into this space. >> amazing. casey, this has been fun. let's do it more often. >> let's do it. thank you so much. >> casey lewis, after school. subscribe to her newsletter. >>> we're seeing a wave of tech layoffs. twitch and unity among the latest

it's a social media sensation and it's not the hockey stanley cup. it's stanley stumblers. stu. i was confused and thought it was the hockey stanley cup replicas. ashley: i did too when i read it. stuart: thank you, ash. appreciate it. it's that time, we show you the dow 306789 a sense of the market. that's an even split. half up, half down, the dow is down 160 points. you're back well below 38,000. another report saying a daily multivitamin can help fight off cognitive decline. what does dr. marty makary think about that? he's a doctor and we'll be back after this. moving forward with node- positive breast cancer is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio reduces the risk of recurrence of hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. hormone therapy works outside the cell... while verzenio works inside to help stop the growth of cancer cells. diarrhea is common, may be severe, or cause dehydration or in

cheryl: two of your picks are morgan stanley and jp pour began. we have morgan stanley tomorrow.characterization and a very different story from bank to bank. i've never seen i don't think any quarter where each bank had so many separate issues and it's anybody's ballgame tomorrow for these earnings. >> yeah. i think you're right. we're seeing a lot of that divergence, disparity between banks. it's been such a challenging environment. jp morgan has done so well in general because they had have a large franchise, a huge balance sheet. not only can they do well on the commercial side of things, they can do well on the investment banking side of things. morgan stanley, they're more geared toward investment banking and wealth management. for morgan stanley it may not be as much about how well they did last year but the forecast for this year. if we have a case where people are less worried about recession, you get more capital markets activity, you see more investment banking done, ipos and secondaries, that could be good for a bank like morgan stanley which not only has the wealth m

goldman sachs and morgan stanley will report in under two hours today.vestment of banking division with goldman posting losses. investors will listen to comments for the leadership. david solomon has been under pressure due to the series of strategic missteps and morgan t stanley will discuss as well let's talk about this with nancy. good morning great to have you here >> thank you, frank. >> nancy, as we see the second week of bank earnings, what are you looking for and what did you make of what we saw last week? >> particularly with the big banks, goldman sachs and morgan stanley, we are looking at the deals gore forward one of the things we heard from jpmorgan chase was some optimism on deal flow picking up. we know that deal flow was bad last year. we know the numbers were down in the 20% range. we are seeing an improvement on the m& a front particularly in healthcare we think it is likely to hear optimism about that and optimism on the ipo front going forward that would be good for the stocks as that is an excellent business for them. in addition fr

also, we're watching morgan stanley, if we can pop that up quick as well.ell. but they did have a slight beat on revenue 12.9 billion, the street looking for 12.75 billion and that stock is -- 85-cents on the earnings per share which is a miss. we were looking for earnings per share to be down year of year with morgan stanley and it was. goldman the big one. again, then watching morgan stanley, they've done better in the consumer lending business than goldman has. goldman did real strong, real strong on the equities trading desks. maria: yeah. both stocks higher right now. cheryl, thank you. quick break and then the global economy and artificial intelligence, how a.i. is impacting the global job market. i'll talk with the imf managing director next live here at the world economic forum in davos. stay with us. you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of

e*trade from morgan stanley >> we are now closing bell market zone.of this trading day, and walgreens slashing its dividends. the details for us there. and julie on why jpmorgan is bullish on netflix this year. mike, you first. whatever is going on the market, it is still unsettled. trying to figure out what he wants to do as we go through this year. >> the last time we had a multiweek rip through november, we knew we were over, we knew we had a take a pause. it was the most pristine and painless sideways move we had. early december, thereabouts. it is maybe a little too much to ask you get two of those in a row, where basically you barely notice on the chart in retrospect. we are not even 2% off the highs, the way i'm thinking about it is we have undone post fed meeting leg of the rally. we have started to take some of you sentimental positioning stuff off, you look at the weekly national investment manager talley, cutback equity exposure. starting to see call ratios. people are bracing for something, it is unclear if it is a specific thing or just t

morgan stanley also blew away estimates but it's outlook disappointed. su keenan joins us now with more. we saw the reaction in the respective stocks and goldman actually gaining ground. su: goldman blew away expectations, particularly from its equity trading desk where revenue was triple what was expected. also helping drive gains, posting the highest quarterly revenue in two years on the sale of financial management business. between goldman and morgan stanley, a tale of two different stock performers, which we will get to them just a minute. in any event, it counted a few weak spots, extend come trading results and investment banking fees fell short of expectations. the ceo said this was a year of expectation, or execution i should say, for goldman sachs. with everything achieved in 22 and three, he says coupled with their clear and simplified strategy, they have a much stronger platform for 2024. calling the results decent and relatively solid, saying goldman results were not as bad as feared. a lot of the analysts are aware of the difficulty the ban

well, a woman was spotted stealing a cart full of stanley cups in california. falling victim to the stanley cup craze, fighter several employees after they bought limited edition stanley starbucks cups before they actually hit the shelves, allegedly violating company policy. wow, these cups are the hottests thing around. >> another meaningless fad coming from tiktok, maria. yeah, these are going to go by the wayside like everything else. it's this new, hot thing. but there are some funny tiktok and instagram videos now making fun of people and their a stanley cup obsession. and rightly so, i think. maria: it's funny there's accountability if you steal a stanley cup but not if you go to cvs and walgreens and steal everything else, that's okay. >> that's the problem. also, you know, $25 to -- 2500 otter of these things, what was she going to do with them in? why steal that? maria: i don't know. dow industrials right now down 56, nasdaq and the s&p 500 are are actually positive with the nasdaq up 40 points and the s&p up 4.25. thank you so much, cheryl can casone

now it is the stanley cup. people are losing their minds over the stanley cup. what's going on?eir nails clacking on them. a status symbol, there's a special starbucks lab coat that is hot pink so people outside target camping out to get this, target has to hand out tickets. i have no idea. it is mind-boggling. i'm not a stanley cup -- charles: is it an investment beanie baby kind of thing? charles: it is short-lived. we will be on to the next trendy water bottle. charles: they had rock money. may be -- >> stanley cup money. charles: i appreciate you have so much wisdom, thanks a lot. lauren:i

stanley. yeah >> so hardly worth getting trampled for. >> no. yeah >> it was just the new cool thing to get. >> it was the actual stanley cup like a miniaturized version? i'd rather drink out of that. >> yeah, that'd be cool. >> yeah, larry, that's an idea. >> that's actually not a bad idea. >> our next not million dollar idea. yeah >> these great ideas we've ever seem to bring to fruition. yeah. right now to a different kind of shopping experience. this one is a bit more luxurious. no trampling allowed. hermes is offering luxury stationary. it's an envelope made from silk. it's reusable, and it should be, since it costs $125,125 for just one of these things, you don't even get to choose the design. hermes says it's a surprise any takers on this, spencer. >> i'll wait for someone else to order that. >> 125 bucks. >> yes, but you know it's going to sell, though, right? oh, for sure. you know, it's going to sell if the envelope is 125 bucks, what are you putting in the envelope? >> right. i want to get one of those cash money that's larry. >> that

morgan stanley. >>> it sure took long enough. about a major retailer finally pushing back on a large consumer products company that tried to raise its prices. today we learned that carrefour, a gigantic french grocery store over 14,000 stores told companies it won't sell pepsico goods because their price hikes have made the products too expensive. they don't want the soda, not lay's potato chips either. carrefour still has products in italy spain and belgium. we are no longer selling this brand due to unacceptable price increases end quote. to which i say what took so long in hardly a day goes by in my house without my wife complaining about the high price of everything in the supermarket. she showed me a ruby red grapefruit and asked me how much she paid for it. i said a buck 99 because i remember i used to get two for two bucks for ages. she laughed. she said are you kidding? one grapefruit is now $3.99. now, i'm lucky enough that i can afford these price increases even though it bothers me on a visceral level but i wanted to k

at morgan stanley, old school hard work meets bold new thinking.ee untapped possibilities and relentlessly work with you to make them real. >> announcer: the opening bell is brought to you by nuveen, a leader in income, alternatives, and responsible invest >>> let's do it. time for a "mad dash" as we get ready for an opening bell two and a half minutes from now on what we like to call hump day. >> there are three standouts today. there's s.a.p. they fired 8,000 people. there's obviously netflix, and then there's asml. now, they make semiconductor capital equipment. typical machines are as big as a city bus you need them to make really complex machines the united states has not favored this dutch company being able to sell to china, but there's an export control that the chinese beat they ordered a huge amount this is really important, david. asml is the hot level, so the read-through is to nvidia. taiwan semi is using it and the reason i bring it up is because texas instruments reported a weaker number. that's lower end, that would not be this kind