bloomberg's caroline hyde spoke with stephen squeri. she joins me now.ou think about the stock lower, you did see the revenue miss a little bit but every other metric beat. why such negativity? caroline: i think ultimately, this is a record run. not only in terms of revenue but the share prices have been their all-time high. stephen squeri wants to invest in the business but this is about just doubling down on the millennial, the gen z spender and they want to be refresh the gold card. he thinks the investment that they can make sell off a key asset. they can ultimately drive up earnings per share, raise the cost per year and stick to their # 1% growth quarter on quarter in terms of the overall revenue while still trying just spend into this moment. maybe it's a little bit of nervousness. sonali: talk a little more about the gold card. who is it trying to bring in? caroline: you and me. gen z. i think it's people who want the rewards. they're going to be traveling and spending out in restaurants. also, they have been doing this m&a. they have done a deal