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to be just like donald trump gave tim cook permission to really say what has to happen.d trump has made the u.s. a priority, now tim cook unabashedly can meet with president and come back and say, the u.s. is our priority for growth in the coming years, and that's good for apple, because china shows no signs of being the kind of place they really want to have all of your eggs any time soon. >> sandra: it is interesting, i saw it crossing the wires a little bit ago, jp morgan's jamie dimon was speaking, saying that consumers kind of back. i will ask you guys to kindly stand by, because we have some more news to get to and we want your reaction to it. john. >> john: we do indeed come another day and none other legal battle for the trump administration, a look outside, the u.s. district court in washington as group is moving to prevent doge from accessing the personal data of american citizens, how many cases are you following? >> more than 80 cases making their way, this one focusing on the access to treasury payment systems, all of the money coming in and leaving the u.s.

— one tech analyst put it, he tim cook is 10% _ 90% of. of the ceo of apple, — politician, 90% of the ceo of apple, think that is kind of apple, i think that is kind of clearly— apple, i think that is kind of clearly demonstrated here for a couple — clearly demonstrated here for a couple of — clearly demonstrated here for a couple of reasons, on the one clearly demonstrated here for a coup as f reasons, on the one clearly demonstrated here for a coup as you asons, on the one clearly demonstrated here for a coup as you say, 7, on the one clearly demonstrated here for a coup as you say, the i the one clearly demonstrated here for a coup as you say, the trumpie 22—2 22-2 z:— administration has said that i priority— administration has said that priority is and manufacturin- here on ’——— 77 7 soil, this ceinly american soil, this certainly _ that _ american soil, this certainly _ that with- american soil, this certainly that with its pfiseptedthflw thatit mesented that with its that it planned facility that it planned to build _ facility that it

in a statement, apple ceo tim cook said... of those previous pledges. michelle fleury.oyees to respond the email — sent over the weekend — was headlined "what did you do last week?" in the last week and cc their manager. mr musk, who heads the department of government efficiency — president trump defended the email as a way of weeding out people who "don't even exist". we have people that don't show up to work and nobody so by asking the question, "tell us what you did this actually working?" because they don't even exist. they're trying to find... and we've just started. as you can imagine this has a lot of people talking, especially within federal government in washington, dc. and said that responding to this is voluntary. instructed their employees not to respond to it. of the first rules in politics is to not let process be in terms of how effective all this will be when it comes saying about that? this is hugely politically popular — the idea of ringing efficiencies from the government. it's popular frankly across the political aisle — that they make huge amounts o

reporter: can you speak more about your meeting with tim cook? he said he was going to invest hundreds of billions of dollars in specific projects he spoke to you about. pres. trump: he does not want to pay tariffs. he's going to start building. very big numbers. you have to speak with him. i assume they are going to announce it at some he was here point. yesterday. i met with him at length, and apple is coming here with tremendous dollars. they will be spending a lot of money in the, more than they have ever spent by a factor of probably 10. reporter: they were reporting that you are signing a memo later to counter additional taxes -- pres. trump: what are you doing, reading it? can't you just say it without having to read it? reporter: my question? sure. bloomberg were reporting that your tariffs are a memo later on tariffs on digital taxes. is there any idea how high you might go? pres. trump: we are going to be doing that digital, what they are doing to us in other countries is terrible with digital, so we will be announcing that, and we will

if tim cook did that, we would say tim cook is past his due date and doesn't know how to run a company anymore. that's the issue right now. so my strong advice to all of our federal employees is you took an oath to the constitution. you took an oath to your country. you did not take an oath to this sundowning and incompetent person running the white house. >> i'll ask you what i asked, doreen. >> i've been hearing from people all over the country in response to this. we've seen some of these town halls with members of congress where they've gotten a little rowdy and there has been backlash, but there's also been some constituents there of different members of congress who are applauding this, and they're enthusiastic about what's happening with the federal government right now. what do you say to those americans? >> well, i can tell you, having done a town hall of myself last weekend, there is tremendous fear. there is tremendous anger. there was nobody who came up to the town hall and said, can you please allow elon musk to steal more information from the treasury? can you please allo

we are awaiting the newest member of the family of apple and you go to the x post from tim cook. sticking more with what is occurring on the manufacturing side of things and what is happening with intel, we know that maybe they will look at outfit -- outsourcing manufacturing and doing deals with tsmc. how in line with this is what pat originally wanted or a distinction from previous leadership? ian: i think we have to be careful here to point to there being a lot of speculation. we don't actually know that much is happening right now. what we really need is if they get the big customers with huge orders that give them a lot of volume, the plan is on, then what gelsinger tried to put in place is paying off. until we see apple or nvidia or somebody else like that putting lots and lots of chips into intel's factories the plan is not really going anywhere. caroline: ian king on all things intel, which has been on quite the crescendo the last few weeks in terms of its share price. spacex we understand in south africa, the talks stalling over tensions with elon musk and president trum

lisa: tim cook, in a really difficult spot. with the likes of alibaba to advance some sort of artificial intelligence in china, at the same time trying to placate donald trump, bringing jobs back to the united states. is there a sense he will not be forced to choose, and if so, could that be catastrophic for the business? mark: let's talk about alibaba in china. that is placating also. apple knows it will not be able to sell as many phones in china if it doesn't have ai. i will not say if the i/o is good or bad, but from a feature standpoint, it's essential to have in place. alibaba, that partnership is also placating. they cannot sell iphones without artificial intelligence by law if it doesn't have a censorship engine. a feature in the iphone where, if china, the government regulators disagree with that ai output from the iphone, they need a middle to fix that, to block, sensor, modify content. the alibaba partnership is essentially a layer on top of apple's large language models on the iphones that can shift and update the c

apple's ceo tim cook says we're bullish on the future of american innovation and we're proud to buildr long-standing u.s. investments. now, apple tends to roll out these type of massive u.s. investment plans every few years but this is the biggest one yet and it's also 45% more than what they committed during the biden term in 2021. now, some of this can be also acontribute toaed to the higherd in the a.i. arms race that we're in where apple has to keep up with everybody else who is boosting a.i. spending by at least 20% this year. apple also tells me they are now the largest, the largest customer of a $12 billion arizona chip factory from tsmc which just started shipping chips last month. remember that apple stock, though, still underperforming this year and that's because of concerns on those increased china tariff threats of another 10%. they got a waiver last time. this time you heard president trump saying as great a negotiator as tim cookies, apple may not be as lucky but as you know, if someone's written the textbook when it comes to dealing with the trump administration from t

. >> good morning everyone, tim cook apples chief executive spent time in the oval office with president trump last week now we know what they were talking about apple will spend a half trillion dollars in america in the next four years, tim cook the latest ceo to pledge big money to keep america technological superiority. we don't know yet what apple gets in return. the stock is down a dollar. every day when you wake up there is something new from the president the rolling continues. elon musk told federal workers to e-mail him with a list of what they have been doing for the last week the deadline is midnight tonight, failure to respond means you don't want the job. there is pushback, capital of the fbi, pete hegseth the defense told workers not to respond, elon musk says doge has received responses and those people will be in line for a room entrepreneur. the markets rally apple doesn't play a role in this but lower interest rates probably are and were rebounding after a couple of days of big losses at the end of last week, the dow up 200, the nasdaq up over 100 points look nvidia it

if tim cook did that, we would say tim cook is past his due date and doesn't know how to run a company. reporter: liz it's also judgment day for people dragging their feet getting back into the office and returning to work. musk saying they've had a month to show up to work in person, and if they still are not doing that, starting this week, they will be placed on leave. liz? liz: like every other private sector worker. hillary vaughn thank you so much great to see you. now watch this. >> anybody could go down 300 to 3,000 feet in a mine, and learn how to program as well. anybody can throw coal into a furnace can learn how to program for god's sake. >> if you want to kill the economy, get rid of your oil industry. you want, and what about fracking? >> let me allow vice president biden to respond. >> i never said i oppose fracking. >> you said it on tape. >> the oil industry pollutes significantly. here's the deal. >> that's a big statement. >> if you let me finish the statement because it has to be replaced by renewable energy. >> well, i'd certainly welcome you to present your data of

tim cook to commit to innovating and investing in the u.s. said he would do and making it happen. smart moves as a businessman. >> dana: we have to make sure that desantis said is true. you have american workers who can take those jobs. >> i have to agree. if it is for americans it has to go to americans. we want accountability. working class deserves the same protections as a investing class. transparency. >> bill: back to florida. >> right now. >> dana: a terrifying ordeal as smoke fills a cabin on a delta plane forcing passengers to evacuate on the runway. president trump meets with president macron on the third anniversary of the war in ukraine. bret baier later interviewed the leader of one of our oldest allies and joins us with takeaways ahead. >> what was your basic message to president trump? >> i wanted to come here first to convey a message of friendship and the importance of it. the history and relation between france and u.s. and second to say okay, we want peace. lord, you know what's on our hearts. you know where we struggle. yo

apple ceo tim cook said it best in the company's announcement: "we are bullish on the future of american innovation." on top of this incredible apple announcement, president trump already announced more than $1 trillion in pledged investments into the united states. on another important note that the american people entrusted president trump to fulfill, this administration's efforts to seal the border continue to prove extraordinary successful. president trump's first month back in office alone, illegal border crossings hit lows not seen in decades, down 94% over the past year while interior arrests are up 134%. this is a statistic i want to share with all of you. 220 illegal border crossings on saturday. this is a 15 year low. think about that in comparison. seeking families -- not seeking families that are seeking asylum or individuals since january 20 of. we all know what happened on january 20th. new york city mayor, the massive hotel shelter in manhattan will shut down in the next few months. we are also seeing a reverse migration affect. united states -- and heading back home. does

if tim cook did that, we would say tim cook is past his due date and does not know how to run a company anymore. >> but elon musk says it is not that complicated. it's a check, the reason it matters is a significant amount of people who are supposed to be working for the government are doing so little work that they are not checking their email at all. and some cases we believe not exist in people or the identity of debt people are being used to collect paychecks. in other words, there is outright fraud. republicans say this is a great idea. speak of the price tag that the taxpayers pay is right at $271 billion a year, is it too much to ask for them to verify why they are making an average salary of $106,000 a year? i guess the arrogance of the workers who say that it is a heavy lift is what is wrong -- that's what the americans are sick and tired of. it's not their money. we are the ones paying the bi bills. >> so some government employee unions are so upset that they are actually suing over the fact that elon musk wants them to tell him five things that they did this week. they filed

take a listen. >> yesterday i had tim cook in the office. >> from apple. >> he's investing.s of. billions of. >> dollars i don't know. >> i hope he's announced it. hope i didn't announce this, but what the hell. all i do is tell the truth. that's what he told me. now he has to do it right. so it's so good. but he's investing hundreds of billions of dollars and others to. we're going to have a lot of chipmakers coming in, a lot of automakers coming in. >> so automakers and chip makers, you hear him say there will be investing in the us as well, in addition to apple. all of that, he says, will be to avoid the tariffs that he has announced that are yet to take effect. i will say, guys, a lot of wait and see here. we did not get any details beyond what you just heard there. so a lot to wait for in terms of how much is going to be invested, where those investments will go, whether any of this might have pre-dated the tariff announcements. that's something we have seen in the past. so a lot to look for there, but something to look forward to from apple and other companies as we wa

the move comes after apple ceo tim cook met with president donald trump last week.ay the tariffs. to america a top priority, and apple's announcement in a statement, apple , , . it all follows a trend of similar promises made previous pledges. now at midnight in washington dc, a deadline passed for us federal employees to respond to an email by elon musk. the email — sent over the weekend — was headlined and asked recipients to reply with approximately five bullet points outlining their accomplishments mr musk, who heads the department of government efficiency — or doge as it's known — has since admitted that the email "was basically a check to see if the employee had a pulse and was capable of replying to an email". president trump defended the email as a way of weeding we have people that don't show up to work and nobody even knows that they work for the government. actually working?" or you're fired because a lot of people are not answering because they don't even exist. they're trying to find... of fraud so far. not sure what happens on but that aside... that th

apple ceo tim cook met with president trump at the white house and laid out this plan. $500 billion overhe next four years, which would include a construction of an ai server manufacturing factory. near houston, texas,, opening an apple manufacturing academy in detroit, hiring 20,000 people at apple expanding teams and facilities, not just in texas, but in nine states! apple is not the only major company investing in the u.s. now under donald trump. we told you about these in recent weeks. 100 billion over four years from softbank, 20 billion real estate investments, 500 billion over four years from stargate, 600 billion from saudi arabia, so a lot of money coming back home to the united states. joining me now to react is strategic while partner luc. great to see you. first, this kind of investment in america, these kinds of plans coming from apple, what does that mean? it seems like a big deal, it seems like a further pursuit of censuring ai right here! >> it's a huge deal. it might be one of the biggest things that happened in a while, really the past couple of decades tim cook meeting

certain analysts would note tim cook being a good politician. or is this a general change in direction for apple? anurag: it is a little bit of both. the bigger dollar amount is a bit staggering, to be frank. some of that will go into a fund , into r&d, so some may not go down to the cap the way an analyst would look at it, because it could be an operating expense, for example. but the ai server part definitely hit. there is an impact on the free cash flow line for investors. but it is a mix of both. there is a need for more high-tech stuff in the u.s., but it is difficult to do the low-end stuff. but ai servers and ai related investments are of importance. jackie: do you have a sense of how much this is just service to fend off, perhaps, some of the threat of tariffs for the company? anurag: from the ai side, they are a bit behind. i do not think anybody would say apple would have one of the leading large language models or even small in which models. right now, they have said they will use openai for their particular products, like you ask sir

and we actually asked tim cook about this a couple of weeks ago.ve you looked at deep sea and, you know, they look at everything, but about a year ago or a little, little less than a year ago, we got these reports that baidu was actually the one that they were looking at. and we've since heard that their chat bot is not good enough. we got some comments earlier this week that they're having a new version of it. ernie. >> ernie is all the rage like a year ago. >> and ernie bot doesn't seem to be living up to the promise. and it seems like apple has now decided that alibaba, they can at least fulfill what they need to do. because keep in mind, chatgpt is banned in china. the government has to approve it. and the stakes are incredibly high here because china, as i said, the business was down 11%. there's no sign of these headwinds slowing down anytime soon. >> they compete in china if they don't have an ai feature, if they can't use american large language models, they're going to have to use a chinese. >> and they are using an american large language

stuart: last hour apple's chief executive tim cook arrived at the white house. now we're being told he's currently meeting in the oval office. ting unclear why he's there and keep you informed. look at wal-mart. on the downside. it's falling 6.7% after the earnings reports and wal-mart fourth quarter sales and warned of slow growth ahead. on the call, did wal-mart say anything about the tariffs? >> stock is down guiding from 3-4% sales growth for this year and 5% last year. management said this, not sure if these tariffs will take effect next month so they didn't factor for them in their guidance so that lower guidance does not include potential tariffs. buzz they're ready nonetheless. >> as we've been saying tariffs are something we've managed for many years and we'll continue to manage and we've got a great team and know how to do that and can't predict what will happen in the future and can manage it really well. we're wired to try and save people money. lauren: their biggest business is groceries. two-thirds of sales, the food isle much of that come from the

president trump speaking after he met with tim cook yesterday. apple currently remaining up .4%. to navigate when it comes to the white house and doing business here in the united states for technology giants such as apple and the like. from new york and san francisco, that does it for this edition of "bloomberg technology". check out our podcast on the terminal online as well as on apple, spotify, and iheart. this is bloomberg. only servicenow connects every corner of your business, putting ai to work for people. pfft ... every corner? every corner, nick. ow! so kate in hr ... hey kate! ... can focus on people, not process. patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. and ai helps jim solve customer problems before they're problems. oh. so we all work better, together! my work here is done. excuse me, which way back? i'll tell you the same thing i tell my patients. getting on dexcom g7 is one of the easiest ways to take better control of your diabetes and help protect yourself from the long-term health problems it can cause. this

president trump thanking apple and what the white house is doing and apple ceo tim cook says we're bullishd to the ongoing a.i. arm's race where apple has to spend in order to keep up with every other tech company. apple is facing higher china tariffs of 10% that trump imposed this month. apple got a waiver last time in the last term and this time you heard trump say as great a negotiator as tim cook is apple may not be as lucky to get those exceptions this time. >> dana: we'll check it out. thank you. >> bill: we have a minute. let's go ahead and roll this before we go. i haven't seen it. if you have, okay, hang on. a big adventure for a small dog. oh my. look out. that's a chihuahua, ran for miles along a busy freeway in san diego. the story had a happy ending with this eventual rescue. >> this whole highway stopped trying to save this dog. everyone keeps stopping trying to get him. they can't get him. >> you got him. yeah. don't let him go. >> bill: henry did not want to be taken in. but safe and sound with his owner and stopped the whole freeway for a time there in san diego. >> dana:

thank you tim cook and thank you apple."s is a massive ramping up of plans versus signaling to president trump ? no you cnnot penalize us for doing business outside the u.s. and having production in china. annmarie: this is a slight acceleration of prior investment. from their april 2021 announcement of how much they were going to move some jobs and investment into united states. for donald trump, he will sell this as a record brand-new investment. it's not. there's a little bit of nuance and caveat in the truth which we are not getting. jonathan: henrietta treyz joins us for more. they were going to make life very easy and simple if you invest in america and difficult if you try to export into america. apple is making an investment decision to invest more on the margin, to hire more on the margin. to help them more they talked about lowering the corporate tax rate. where are we on that front? what is the timeline for the tax bill now? henrietta: great segue but happy to talk taxes. the corporate tax rate reduction scores we

tim cook, in the white house, as we speak. on the markets we still got a ton of red ink out there.oing well. that's reflected in the dow industrials down 400 points. some of the tech stocks not doing well. especially those affected by an 8% cut in the defense department spending. nasdaq down 144. its come back a bit and now down three-quarters of 1%. there are movers i'll start with boeing. it is down, but at 183. lauren: a dow stock and defense stock and the president says i'm not happy with boeing. you're three-years behind on delivering two new presidential jets. he's considering buying used boeing aircraft instead so he wouldn't do airbus, but a used boeing aircraft from overseas? he says he's considering it because they are so behind on this contract. stuart: shake shack. lauren: same-store sales grew strong 4.3% last quarter despite bad weather, keeping customers at home, high prices, still look at this. an 11% gain for the stock today, and shake shack, when you go in nearly everybody, they go to those big screen kiosks, and when you place your own order, you usually spend mo

within the office cook within the oval office yesterday, and he said cook yesterday, and he said tim cooklast day or so. just to get a quick thought on you both, jeanette mona, on the and commerce president and commerce secretary taking over their us postal service. do you think a mod a good jeanette? that's a good idea, jeanette? i'm not surprised that trump wants— i'm not surprised that trump wants to _ i'm not surprised that trump wants to that. he was asked decemberand said 7 -7 would take a hard look at it. the — would take a hard look at it. the postal loses would take a hard look at it. the pos every loses would take a hard look at it. the pos every single ises would take a hard look at it. the pos every single year. billions every single. year: hhhhhh a billions every single yeare wee—fee"? a losin- it's a losing propositioni'eeeeew there are it's a losing proposition? _ there are concerns however, there are concerns that _ however, there are concerns that a _ however, there are concerns that a takeover of the postal 7—7-777777 7—7—77777 service could lead to _ by - service could

the move comes after apple ceo tim cook met following that meeting, the president said apple theyjust's announcement follows similar commitments from other tech giants — to ramp up us investment. on the future of american innovation, and we're proud to build on our long—standing us investment." it all follows a trend of similar promises made although it didn't follow through on some of those previous pledges. michelle fleury. around the world and across the uk, this is bbc news. and asked recipients to reply with approximately five bullet points outlining their accomplishments in the mr musk, who heads the department of a check to see if the employee had a pulse and was capable we have people that don't show up to work and nobody actually working?" and then if you don't answer, like, you're sort of semi—fired or you're fired because a lot of people are not answering that's how badly various parts of our government were run. of fraud so far. and we've just started. is there, because maybe somebody stole the gold. terry haines is founder of washington dc—based consultancy pangaea policy

we should note president trump thanked tim cook in a post on his truth social network.'s turn to broader markets and look at where the s&p 500 is because it did open higher and quickly lost ground. there are a lot of questions about whether the buy the dip guys would come back and. it looks like they have with the index up .2%. we will see if we can hold onto the advanced. if so, this would mark the first gain in three days. mag seven names under pressure as a group. nvidia reporting earnings on wednesday. expectations are very high. it will produce large growth rates when it comes to revenue. the expectations are high. the development of the deepseek model has raised questions about spending committed by hyper scalars. the 10-year yield moving down three points. prices higher, lower yields. gold making an intraday high. that does it for "bloomberg markets." this is bloomberg. ♪ the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi sol

and he was so excited about this. >> you mentioned. >> that tim cook tim apple is the president once tim cook was in the oval office on thursday. >> gave him this. >> news, tipped him off. andrew, you know this president you can't people who've dealt with him over the years, they say we can't tell him something. if you tell him something, he might well go out in front of a microphone and say it. and that's exactly what happens here. the president was so excited about this news, it had the desired effect in the president's mind on apple. and he walked in front of cameras when he was talking to the governors. he mentioned this investment coming from apple and saying that tim cook planned the hundreds of billions of dollars in investments. and the president said. >> i hope. >> he's announced it. i hope i. >> didn't announce. >> it, but of course, he knew that. >> he was locking. >> it in, and he explicitly. >> said he was. >> encouraging big. other big companies to do the same thing. so that's the tip off to what you're pointing to. >> let's also pivot to well, there's a couple of thing

tim cook, give that money to me.k know yourame. >> we appreciate it very much, tim apple. >> tim apple. [ laughter ] you remember that? it was so fun. what does trump's inauguration need a million dollars for anyway? to get melania to show? cause that won't do it! [ laughter ] then, i read the surgeon general wants to put warning labels on alcohol because of its link to cancer and i was like, "what?" do you know who the president is about to be? the only label you need to puttin' on those mugs is this one. [ laughter ] then, i saw that everyone was talking about kamala harris at the swearing in of nebraska senator deb fischer. i was like, "what, why?" but then i saw the video. >> congratulations. >> thank you. >> thank you so much for your work. >> thank you. >> congratulations to you. >> thank you. >> you're welcome. >> i was like, "what!" [ laughter ] maybe he's on some howie mandel stuff and he doesn't shake hands, but then i saw this. >> congratulations, senator. >> thank you, sir. >> great. >> thank you. >> appr

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behavioral changes is what he is looking to inspire with tariffs, citing a meeting with apple's tim cook

and i liked your line that tim cook is proving he's 90% politician once again. >> look i mean look that'sk able to do this better than any ceo right. it's that you know, he's he's obviously mostly ceo, but he's also a 10% politician okay. even more. 10% and no but and but but realistically kelly is that he it's a balancing act here between doubling down and us specifically when it comes to ai investment. but as we saw, it's a page out of what we saw in 2018, 2019. making sure plays nice in the sandbox with trump. big tech investment, especially when it comes to china and some of those tariffs. and this is something investors want to see. it's a balancing act. i think the smart move for cook. >> you know i'm looking at all the energy related ai names dan i know you're not the energy guy. don't worry i'm not going to go there. but constellation arista networks vistra they're all down 5 to 10% right now probably on concerns around a any kind of slowdown. whatever company may be involved around ai spending. i know we're going to hear more on wednesday with nvidia. it sounds like you are locke

on the heel of the oval office meeting with apple ceo tim cook last week, apple announced the largest ever commitment to american jobs in the industry with plans to spend and invest more than 500 billing dollars in america over the next four years. over the course of the current trump administration, apple plans to hire around 20000 new workers creating high paying jobs right here in america. the investment is limited to one specific region of our country and apple will expand all over our country in arizona, california, iowa, nevada, north carolina, michigan, oregon, texas and washington. president trump in charge, america is open for business. we are bullish on the future of american innovation. on top of this announcement, president trump announced or than $1 trillion in the united states. another important note american people entrusted to president trump to fulfill, this administration's efforts continues to prove extraordinarily successful in president trump on this alone, illegal border crossings it blows, down 94% over the past year while interior arrests are up 134%. this pas

ceo, tim cook, says apple will continue to create a culture of belonging.ost recent diversity and inclusion report found nearly two-thirds of its workers were men and 72% were white or asian. >>> businesses in moss landing are still hurting more than a month after that massive fire at a battery plant. the owner of the enat moss landing and the owner of moss landing cafe has extended their hours in the hopes of getting more foot traffic. the hotel has added a water filtration system. they insist the water and air is safe in moss landing. but a number of surfers have been canceling reservations any way. >> their biggest concern is that they're in the water. obviously news came out the levels of metals on the slew have been elevated. so they are now concerned that they are bathing in this water and what it could potentially do to them. >> will crews over the energy facility began to disconnect battery racks in the damaged areas. that's the first step in the clean up process. >>> still ahead here at 5:00, we are talking to the bay area native who just won $10 m

yesterday we had tim cook of apple who will invest hundreds of billions of dollars in the country because of what we are doing. and we have many many companies, too many to even mention that are coming roaring back into this country. and it'll take maybe a little time but not that much time you will see things you have never seen before. at a level you have never seen before. howard is going to lead that charge. he'll help oversee the tariff and trade agenda along with many of the -- many other things. we will soon impose reciprocal terrorist because that means -- it is very simple. whatever a company or countries such as let's say india or china or any of them, whatever they charge we want to be fair, so reciprocal, meaning they charge us, we charge them. we were getting ready to do it until covid hit, we had the greatest economy in the history of the world, and we were just getting started, but the tariff -- howard is going to be in charge of it. i think you will see jobs and money flowing into the country like never has been seen before as we reduce inflation, it unleashed energy, brin

. >>> apple releasing a new product according to a new post by tim cook.>>> and paul simon returning to the stage after a seven-year hiatus, emerging from retirement to announce the quiet tour starting in april. the quiet tou starting in april. hout the lact. delicious too. just ask my old friend, kevin. nothing like enjoying a cold one while watching the game. who's winning? we are, my friend. we are. ♪♪ okay, y'all. i heard mielle's kalahari melon and aloe vera line is changing the game. up to five days of moisture and no wash days in between? let's see about that. day two, headed to work, but i feel like i'm about to drop a hit single. all the cuties are at the run club. good thing these curls are curling. can you believe this is day five? i think i could go even longer. up to five days of l lasting msture. endless possibilities. imagine what you could do in five days. ♪ [tambourine by eve] ♪ imagine what♪you could do ♪ >>> we're less than a year away from the winter olympic mes in italy, but a new class of olympians are already looking ahead. a look at

the announcement comes after reports last week that ceo tim cook met with president trump. many of apple's products are produced in china and could face tariffs imposed by trump earlier this month. up next, from seeing green to dreaming of oscar gold, the man who created some of the signature looks in wicked is now looking sunday coming up this weekend. hollywood's biggest night is always history making, and this year is no exception. the man who helped bring the smash hit wicked to life is nominated for best costume design. if he wins, he will become the first black man to win in that category. reporter joelle gargiulo, from our sister station in new york, sits down with the nominee, paul tazewell. >> he's someone who tells stories without saying a word. and while you may not know his name, you've definitely seen his work. from hamilton to the color purple, west side story, and now bringing his style to wicked. >> the wizard will see you now. >> he's costume designer and oscar nominee paul tazewell. where do we start? how about with congratulations. >> and really a beautif

sobre estos planes, el director ejecutivo de apple, tim cook, conversó la semana pasada con el presidenteue gestionan las operaciones internas y a puestos vacantes. hasta ahora, según el director ejecutivo brian nichols. a principios de marzo comenzarán los despidos y retiraron del mercado algunos batidos congelados de la marca lions ready care y cisco imperial. esto debido a un brote de listeria, según la fda. se han reportado unos 38 casos de enfermedad, incluyendo al menos 11 muertes. esos productos se distribuyeron en todo estados unidos, principalmente en hospales y centros de cuidado a largo plazo. yo soy silvana henao. y ese es tu informe cnbc para telemundo. gracias, silvana. seguimos hablando de economía. en los próximos días planea ir a comprar comida a ese restaurante, a los restaurantes. denis. será mejor que prepare unos dólares extra, ya que la cadena informó que agregará cargos adicionales a los platos que contienen huevo, esto debido al encarecimiento de este producto. recordemos que este mes lcadena waffle house también agregó un recgo de 50 centavos por cada huevo que us

i think that that shows zero faith in what tim cook has accomplished over the years, given his track h in his plans for the future. it's not like cook suddenly got stupid when he met trump. he came up with an american manufacturing plan that makes sense. we don't know how apple can avoid paying tariffs on their taiwan made semiconductors, but maybe have a little faith in that issue, too now. or how about home depot? right now the stock's being left for dead. i mean it's just hideous. sell it because why? the fed has paused its rate cuts. it's been horrendous a total nightmare. now home depot reports tomorrow morning housing turnover has been pathetic. the weather has been terrible. appliance and tool sales have been just incredibly disappointing. but home depot the stock is down 57 points from its high set in november of last year. it's been pummeled and pummeled on each negative data point. when we see the numbers, they're likely to be below expectations because expectations as defined by the analyst community have not changed during this period. i don't know why. i have no idea why

and then later, tim cook teasing apple's next big thing. we have a very busy hour still we have a very busy hour still ahead on worldwide exchange. gold bond believes touch says everything. it says... i got you. and i'm never letting go. ever. gold bond. get in touch with irresistibly touchable skin. >> yes. >> i'm legally blind. >> and yes. >> i'm responsible for the user interface. data visualization. if i can see it and understand. >> it quickly. >> anyone can. making complex. >> things clear. >> that's how i help people thrive. thrive. >> people ♪ empower ♪ so handsome. oh, i can't buy this. woah, woah. your empower investment account has grown. you earned it, so... (♪♪) get good at money. so you can be a little bad. empower. in retirement. >> jim cramer is the benefit you get that you can't get anywhere else. it's a great value. >> jim cramer gives you much. more than. >> you would ever. >> get from any advisor. >> he teaches how to invest versus just what trades to make. return on investment for the club pays for itself. >> join the c

and by the way, tim cook teased that there would be more to share on this next earnings season because basically, the chinese customers are getting this subsidy of 15% on these new iphones. so there's a chance here that could boost some sales growth. finally, scott. >> okay, steve, thank you for that as well. that's our steve covac joining me here at post nine to discuss all is big tech. alex kantrowitz welcome back. open ai. first your reaction to the musk offer when you heard it was what? >> i mean, it's just typical elon musk. he is a person. who acts based off of emotion. he hates sam altman, and he's trying to mess things up for altman. now altman has this big move that he has to make. >> he has to spin a for profit off of a. >> non profit. not exactly traditional. >> in fact, i would say. >> unprecedented in business history. >> to spin off something the magnitude that openai is going to try to do and elon musk is, he feels jilted about the way that his money has been taken care of and his legacy has been taken care of. after he helped found openai with altman under different pre

you mentioned tim cook speaking to president trump. these are all business people that donald trump respects, and they have a very strong vested interest in us-china relations. >> all right, brendan, one thing i admit that the commodity prices you're talking about, the upside moves on corn and soybeans, but that could potentially be a lot of that front loading ahead of potential tariffs. but i want to go back to the relationship between the president and china. you're saying that you think that he's going to have a friendlier outlook, if you will. but just to be clear, when deep sea occurred, he called it a wake up call. he actually asked for u.s. companies to step up to maintain dominance. so while you're saying the biden administration wants to hobble china, it's not as if the president wants to see china a rising china. i should say it's not. that doesn't seem to be the thing. what's the specific thing that you think is going to change under the trump administration? is it less export controls? i mean, what's the thing that's going

this comes less than a week after apple ceo tim cook met with president trump. the president says his proposed tariffs likely spurred apple's announcement. those tariffs are expected to dramatically drive up the cost of products imported from overseas. the majority of apple devices currently are made in china and use imported materials. mr. trump has suggested the threat of tariffs will lead more companies to bring their manufacturing back into the us. postal service workers are speaking out against plans to dismantle the agency. today they rallied in washington dc. this comes after reports that president trump is planning to issue an executive order to fire members of the postal services board. the agency would then be placed under control of the commerce department. protesters spoke about the importance of the postal service. they said the plans would put the timely and affordable delivery of medications, documents and letters at risk, especially for rural parts of this country. the white house said there are currently no executive orders in the works that tar

. >> tim cook. >> met with the president.s, streets trying to plug some of these numbers into their models, right. >> i think that we had a couple of them. ubs was the first, and it was a skeptic. that's been the wrap call. so skeptic i mean you look at the expanding its texas, california, arizona, nevada, iowa, oregon, north carolina, washington. so you say to yourself okay, all it is expanding. i actually want to go a little step further and say, you know what? these are commitments. we can we can dispute them. but they are hiring an additional 20,000 people at apple, majority focused on r&d, silicon engineering, artificial intelligence, machine learning. if you commit to 20,000 you're app you're going to do 20,000. this is apple, >> right 20,000 additional employees. >> they got to find them now according. >> to the ubs note which we just. >> gotten a hold. >> of. >> that would. that would. >> grow their employee base by roughly 12%. >> over the next. >> five years. >> and they're. >> trying to figure out the. cost of that

d.e.i., rejected but tim put -- as tim cook said, apple may need to make changes in the future but theyative environment. >> what we know about how apple has handled these sorts of d.e.i. issues in the past based on things from, lisa google who had employees who were disputing certain contracts. we seen this similar with apple. >> on a large scale we have not seen dissent at apple related to d.e.i.. apple has a very inclusive culture. you don't get the sense anything will happen at apple related to its d.e.i. efforts unless there is some sort of legal need to do so. >> mark gurman with the latest. we so appreciated. that doesn't for this additional bloomberg technology. you can find our forecast on the terminal. from new york and san francisco, this is bloomberg technology. ♪ we are taught you don't talk about your problems with nobody because you could get in trouble, and i've been through a lot. anxiety, depression, sexual assault. when i decided to get help, my life changed. and the mental health box, that was one of the big tools. accepting help means that we are allowing somebody t

provider like aws you avenue detroit academy doubling the research and development fund, apple ceo tim cook says we are bullish on the future of american innovation and remember apple tends to rollout the massive u.s. investment plans every few years but this is the biggest one yet it's almost 50% more money than they committed during the biden administration, president trump also thanked apple untrue social calling faith from the world's biggest company and what the white house is doing. you can say some of this higher spent can be attributed to the a.i. arms race that were in apple is trying to spend to keep up with everyone else who is pushing the a.i. by 20% this year. apple also tells me they are the largest customer of a 12 billion-dollar arizona chip factory from tsmc which just started shipping chips next month. and trump impose earlier this month and the last term he get a waiver from trump and this time you are trump say apple might not be able to get one in the 265 tariffs are manageable in their view, if we have to see through the tariffs for a year they might have to raise pric

so i just want to thank tim cook and apple for the confidence. $500 billion.e biggest investment anyone has made in a short period of time. >> mr. president, have you spoken today with house republican holdouts who say they would not be supporting the budget resolution? >> president trump: i'm not involved in that. they know what i want. and the senate does what i want to, too, and the senate has got a bill that is very strong having to do with the taxes. because the taxes is what's bringing all these companies in. so -- and without it, by the way, you have to double your own taxes. everybody would be doubled up. you would have the biggest tax increase ever. so the house has a bill and the senate has a bill, and i am looking at them both, and i will make decisions, but i don't know where they vote. i know the senate is doing very well, and the house is doing very well, but each one of them has things that i like. so we will see if we can come together. >> reporter: can you clarify hopefully once and for all what your expectations are with this email to federal

apple is getting a boost up 1% after ceo tim cook teased a new product lake and have it was a -- launcht was a cryptic message and meet the newest member of the family. wednesday, february 19th and rumors on the street are it could be the next generation of iphone se, which hasn't seen a makeover since 2022. look at shares of apple, over the week, there's been a really big week here up 7.25%. nice move for apple. and devito is falling and one of the biggest losers on the s&p 500 after berkshire hathaway sold hundreds of shares. the sale was required under the sharing purchase agreement to reduce berkshire's ownership stake to 45%. devita has 80 million shares outstanding and buffet's stake of 89.5 million and worth $84 billion and losing steam and stock down and kid nee care company reported a fourth quarter top and bottom line beat and forecast full year guidance blow what the street was expecting. buffet may be the granddaddy of investors, go daddy might be considering the god father of small businesses and in it is push to jump start startups, go daddy is jumping onto ai train. godad

. ♪ jackie: tim cook teasing last week the arrival of the newest member of our family.ntelligence analyst joins us now with more. what can we expect next week? >> it is really looking forward to the cheapest phone they have coming up with a big bang. art has already told us of the faster processor and a larger screen. i think this is a good thing for apple, because they are struggling to really break the market share both in china and india, and brazil, in terms of hitting a bigger piece of that pie and a cheaper phone can help them do that. jackie: that is anurag rana. thank you for joining us. that does it for this edition of "bloomberg technology." forget to check out our podcast. you can find it on the terminal, as well as online. this is bloomberg. ♪ ♪ safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase