VISIT COVENTRYDIRECT. COM. >> WELCOME BACK.THIS MASSIVE WINTER STORM BLANKETING AMERICA MIGHT PROVE TO BE A MILESTONE MOMENT FOR THE AI INDUSTRY. OUR JOHN FORTT IS HERE TO EXPLAIN WHY. MORNING, JOHN.>> YEAH. MORNING, CARL. >> WITH THIS WINTER STORM THREATENING.>> ABOUT HALF. >> THE US THIS WEEKEND, WE'RE SURE TO SEE DISRUPTIONS, INCLUDING THE BUSINESS TRAVEL. IT'S GOING TO POSE A MAJOR TEST FOR MODERN SOFTWARE SYSTEMS THAT CLAIM AI CAN HELP US OUT OF A JAM.YESTERDAY, I SPOKE WITH ARIEL COHEN. HE'S CO-FOUNDE ...

I cover insurance, Byron, and the the big CEOs have told me they are predicting a lot of consolidation in the industry because they think that scale matters here that you have to be able to invest big in the new tech technology in order to get the kinds of efficiencies that really matter to the bottom line. I mean, and we just saw this with Travelers announcing a big um tie up with Enthropic. when you when you're talking about software in general, how much does scale matter and do you think that will drive ...

Pippa Stevens joins me now. I know you've been watching natural gas this week and what crazy moves. >> That's right, Contessa.It really has been fireworks for Nat Gas this week with the commodity now on track for its best week on record and it could just be getting started. Everything now depends on the direction of the storm. Now, so far EBW analytics forecasts 3 billion cubic feet per day have been lost on the supply side thanks to freezeoffs.That number could hit hit 80 BCF over the duration of the storm ...

Well, let's bring in Professor Jeremy Seagull. He is professor emeritus of finance at the Wharton School of Business and a chief economist at Wisdom Tree, of course. Um, and Professor Seagull, good to have you.I mean, pick your spot here in terms of weighing in on whether you feel as if uh this long-holded broadening of the market is going to stick with us for a while. Is it durable. Uh, and and where should we expect it to go from here.>> Yes, good morning, Mike. Listen, I think this has legs. you know, we ...

Tik Tok says it has now officially formed a joint venture to keep the app operating in the US. Our Ununice Yun joins us now from Beijing with more. The day has finally come.Ununice, >> that's right, Carl. It's been several years. Tik Tok and its Chinese parent, Bite Dance, say that this US entity is in line with President Trump's executive order back in September.So, this entity is majority Americanowned. It has three managing investors. that includes Oracle, Silverlake, and Abu Dami's um MGX.Each has a 15% ...

President Trump has been touting these new provisions from his big beautiful bill. He did so at the speech at the World Economic Forum in Davos this week. >> In July, we passed the largest tax cuts in American history, including no tax on tips, no tax on overtime, no tax on social security for our great seniors.>> No tax. Not exactly. Their details are a bit more complicated.The three tax breaks the president referenced are for limited amounts and phase out completely for higher inome Americans. Here are th ...

they could test. >> In fact, let's get more on Intel and bring in VJ Reesh who's a senior semiconductor analyst at Missouo. He has a neutral rating on Intel.You know, it's interesting because they're talking about this supply chain constraint. The CFO told our colleague Christina parts and quote, "We have been improving our supply chain every quarter or supply every quarter rather, but it's not enough. So, we'll leave quite a bit on the table in Q1." How much does that matter, Vich. matters a bit for sure b ...

Everybody thinks that there's got to be maneuvering around the edges. People trying to whisper to certain people to try to get in front of the president uh maybe to get uh through his family or you know Eric Trump or some of the his his sons and other things. >> Um not that I know of.I think like people what people there's a lot of people giving me a lot of suggestions but I don't think any of the suggestions have actually worked. The people the people suggest the most is getting in front get in front of Tr ...

But first, consumer data just crossing. Rick Santelli has that for us. Hi, Rick.Yes, these are Universal Michigan Summit January finals. So, in a couple of weeks, we'll get a more specific pinpointed number. 56.4% is our headline.We're expecting 54, a big beat. This will be the best level since August of last year. And if we look at current conditions also, 55.4%, a big beat versus 52 and change.We're looking for also sequentially higher best levels since October of last year. What lies ahead are expectatio ...

worst performing sector this morning, Jim, is financials. You mentioned this lawsuit against uh JP Morgan. Uh actually, Capital One has an outstanding lawsuit filed by some Trump plaintiffs, including Eric Trump, for example.>> Well, and look, uh nothing stops Richard Fairbank. You can they just uh this is an entity to itself. I'm not concerned about that.I think JP Morgan obviously it's better headline grabber. People don't know who Capital One is. They don't realize it.is the third largest uh credit card ...