Let's get to some stocks that are on the move. We're watching Tesla, the company holding it shareholder meeting this afternoon at stake today as shareholders will vote to approve Elon Musk's $1 trillion pay package, potential pay package. Got to say that Tesla shares pulling back more than 4%.Bren, you own this one. Your view on the vote, the pay package, everything else. Well, I think this is where the the retail investor has been just very influential in voicing their their support of management and I thi ...

I know you have a lot of biotech exposure just coincidentally the company going public right now all that noise while Jenny was trying to get her point out a biotech company going public just now um you have a lot of biotech exposure Joe's talked a lot about biotech is that the place to go considering some of this turbulence we're seeing in the market >> well it's been a great story obviously year to date uh Frank you know XBI is up I think 20% the the IBB which I have exposure to is up around 19 I think pa ...

AI Industry & Government Intervention - White House AI 和加密货币顾问 David Saxs 反对联邦政府救助美国领先的 AI 公司 [1] - Saxs 认为美国至少有五家主要的 Frontier 模型公司，即使一家失败，其他公司也会取而代之 [2] - OpenAI 首席财务官 Sarah Frier 此前建议美国政府可以帮助担保 AI 数据中心的融资，以降低公司建设大规模计算基础设施的借贷成本 [2] - Frier 已经撤回了这些评论，Sachs 强调政府应专注于加速审批和发电，救助 AI 公司是荒谬的 [3] Market Competition - 行业竞争激烈，一家 AI 公司的失败可能被其他公司取代 [2] Policy Focus - 政府应关注加速审批和发电，而非直接救助 AI 公司 [3]

Financial Performance - Tapestry reported record revenue and 16% sales growth for its fiscal Q1 [1] - Coach brand experienced a standout performance with 21% growth [6] - Kate Spade's sales are still declining by 9%, but slightly ahead of expectations [4][5] - The company raised its outlook for the year across topline and earnings [4] Brand Strategy & Consumer Behavior - Coach is driving the overall growth [4] - Kate Spade is undergoing a brand reset, with progress in Gen Z acquisition trends driven by handbags and higher Average Unit Retail (AUR) with handbag blockbusters [5][6] - Consumers are resilient and active, responding positively to innovation and emotion from brands [7] - Tapestry is seeing traction in acquiring young consumers, leading to growth and higher retention across the portfolio [8] - Tapestry's strategy focuses on expanding the market by capturing young consumers at the point of market entry [14] - The company emphasizes innovation, compelling value, and brand storytelling to resonate with young consumers [16] Holiday Season Outlook - Tapestry is optimistic about the holiday season, with strength continuing into Q2 [10][11] - The company is staying close to consumers to deliver a value proposition that resonates during the quarter [11]

the president speaking uh plan news conference to discuss prescription drug prices. We're going to toss to that right now. >> I haven't heard anything.>> Someday maybe it'll come out which will notify you immediately but so far I haven't heard that including the drugs known as zeppound and we goi often called oepic. This is a triumph for American patients that will save lives and improve the health of millions and millions of Americans. Amazing thing. They are amazing.I want to thank Eli Liy CEO David Ricks ...

We start off with the tough NASDAQ selloff, right. And that quickly bled over to the larger averages almost instantly. I'm not kidding.Within 15 minutes of the opening, we heard that the bull last legs. That's right. And here comes the big unwind as large cap tech starts rolling over.We are then told, of course, that the multi-month rally was bogus all along. Just a short squeeze because the Fed's going to crush us again the next time it tightens. We were told the market was about to get its comeuppins.Yet ...

Welcome back. Shares of high and heading higher this morning on the heels of Q3 results. Company also announced an expanded partnership with Chase saying its ongoing PIA transaction is expected to close prior to the end of the year.Joining us in an exclusive interview this morning is the CEO of Hyatt, Mark Complasian. Mark, it's great to have you back. Good morning.>> Thanks, Carl. It's great to be with you. >> We've been watching these RevPAR trends pretty closely.Obviously keeping one eye on the shutdown, ...

Then there's Google today announcing it's rolling out an in-house AI chip that it says is the most powerful and energy efficient yet as the tech giant takes aim at NVIDIA. Our Mackenzie Sagalos is digging into that for today's tech check. Morning Mac. >> Hey, good morning Carl.So Google it is opening access to its most powerful AI chip yet. It's called Ironwood and as it leans harder into custom silicone, it is very much becoming a core part of its cloud strategy. Now, the chip was introduced in April for i ...

Let's get to the outlook for the markets now with stocks taking a little bit of a leg lower. Yang Yu Ma is here PNC asset management chief investment strategist. Welcome back.It's nice to have you. So, how vulnerable do you do you see this market right now. >> I wouldn't say the market is extremely vulnerable.I think the action we're seeing right now is healthy push and pull uh some pullbacks in the market, some resetting, some assessment of the actual growth trends that we're seeing and who can capitalize ...

Joining us now with more is Aaron Levy, the co-founder and CEO of Box. Erin, it's good to see you again. >> Hey, good to be here.Thanks for having me. >> So, I I don't even like this term of AI agents. What is What is an agent. Like, is Chad GPT an agent. Is Grock an agent.What's an agent. Well, um I I think if you think about AI when it first came out, um really, you know, big on the scene a couple years ago with chat, the chat GBT moment, this was really a moment when you would talk back and forth with AI ...