AI is delivering a reality check to Wall Street - and it’s clear from the vibe shift this tech conference season. The AI euphoria is gone, replaced by harder questions around which companies survive and which will be left for dead. Morgan Stanley’s David Chen joins to break down what investors are actually focused on, which software companies survive the sell-off and whether the market really has capacity for the mega IPOs coming down the pipeline. ...

Our next guest is warning about chasing this though. He says, "Don't get too excited. It may not be the all clear here." Let's bring in Dan Niles. He's the founder and portfolio manager at Niles Investment Management.Dan, before we just jump in to the software piece of this, what do you make of the broader market selloff of the Iran war, the higher oil prices, higher yields now that we have to contend with, do you just look past that. >> You can't look past it, obviously, Kelly. But I think what we're all t ...

You're seeing shares up about 5% and the reason really comes down to what CEO Hawk 10 delivered on the call last night. Not just a strong quarter, but really a convincing argument for why this growth lasts. That's exactly what the market didn't necessarily get for Nvidia last week when a near-perfect report still sent the stock down.There's just still a lot of questions about the upside over the next several years for Nvidia. Broadcom's AI revenue more than doubled. Their software business won't be negative ...

There's not a systemic problem with private credit. There's only the fact that the 17 good years and the massive growth of direct lending uh from essentially a se inception in 2011 to u uh well over a trillion uh today uh took place at a headlong pace. Was it was it done carefully or not. ...

We do see some customers who are doing some belt tightening now, but a lot of other customers are realizing that in times of economic uncertainty, that's exactly when you want to lean into the cloud. That's the time you want to capture the cost savings. That's the time you want flexibility to both uh burst as well as shrink your infrastructure capacity and that's the time you want to figure out how to still innovate with fewer resources.>> I'm wondering about profit pressures in the business. um operating m ...

More than a million passengers have been affected by flight cancellations since the United States and Israel launched strikes on Iran over the weekend. >> I was stranded outside of the country. All flights had been cancelled.UAE airspace closed. >> The Iranians are targeting the airports to create political pressure as they slow down commerce. They slow down business.They disrupt travel. They disrupt the tourism industry. >> We got 20 minutes from Dubai and turned around because the Iranians were firing mis ...

THIRDS OF OF 1%. OIL'S UP. GOLD IS DOWN. DOLLAR IS UP. YIELDS ARE UP.SO THAT'S KIND OF THE BACKDROP BRANT. AS WE WE BEGIN OUR CONVERSATION TODAY I THINK THE CENTRAL QUESTION REMAINS WHETHER TO BUY THE DIP OR NOT. BECAUSE THESE MOMENTS AS WE KNOW THEY CAUSE VOLATILITY. WE KNOW THAT THEY OFTEN DON'T CAUSE WORSE.OKAY. SO I WOULD SUGGEST THAT THESE MOMENTS CAN BE FOR MANY PARALYZING. THEY CAN ALSO BE OPPORTUNISTIC.WHAT DO YOU THINK. >> I THINK WHAT'S YOUR TIME HORIZON. RIGHT I THINK THAT'S WHAT INVESTORS NEED T ...

Kelly, President Trump says he's removing Homeland Security Secretary Christy Gnome uh from her position. The president in a social media post just a short time ago says he's going to he or he intends to replace Gnome uh with Oklahoma Senator Mark Wayne Mullen. Uh the president says that Mullen will become Secretary of Homeland Security effective March 31st, 2026.He says, "The current secretary, Christy Gnome, who has served us well and has had numerous and spectacular results, especially on the border, wil ...

It's an exciting year for soccer in the United States ahead of the World Cup which is expected to increase engagement and build fandom across the United States. With me now is the managing owner of Inter Miami, Jorge Moss, and also Christina Yonera, who is the co-founder of New Bank. And I understand Christina, you have a big announcement to make here with Jorge.>> That's true. Uh today we're unveiling a phenomenal partnership that we uh have strikes with Inner Miami. We're going to be naming their brand ne ...

Meanwhile, the AI agent uh OpenClaw having a moment after Nvidia CEO Jensen Wong called it the single most important release of software probably ever. Dear Jabosa has more. And Dear, a lot of people are confused.Open Claw sounds like Claude, but it's not Claude, but it was meant to sound like Claude, but now the guy works it, you know, OpenAI. >> It started as Claudebot. So, it was actually built on Claude and then a lot of stuff happened.It was really funny how OpenAI ended up getting the guy. But anyways ...