Good morning, Sarah. Yeah, some good breaking news from the New York Fed with inflation expectations unchanged and labor market indicators improving. Let's go through them.The one-year, the three-year, and the 5-year uh inflation expectations from the New York Fed survey all unchanged. 3 2 3 and three. Now, these are all a bit elevated, but it's good news that they're not going up.Inflation expectations rise for food, gas, medical care, a big increase there, and rent as well. Now, there's fodder for both ha ...

Welcome back. We're heading into the slow season for the housing market, but this year could be worse than expected as sellers seem to be giving up. Diana Ol joins us to explain why.Diana. >> Hey, M. Yeah.When a seller takes their home off the market, it's called a D-listing, and they're now happening at an unusually high rate. Dellistings in October, which are reported with a one-mon lag, were up 45 a.5% year-to- date and up nearly 38% from October of last year. That according to a new report from realtor. ...

Do you feel as though you were disadvantaged in this process. And if you were, what can you cite to prove in fact that somehow you were not on a level playing field in having your offer considered with their offer. >> So, so I do think that there was an inherent bias towards us. If you look at it, >> we found an inherent bias towards them.>> Correct. We we put the company in play. Yes.>> We, you know, which again, we don't think was particularly taken well. >> No, I think that actually starts you off on a p ...

Netflix stocks is worth right it's in the within the collar it's worth at least 350 a share to the deal. I mean saying our cash versus theirs doesn't seem a fair comparison David. >> So so father respectfully I disagree.I mean look th those shareholders can basically go buy Netflix cash on the sorry Netflix stock on the open market if they want to and they're going to be sitting there with a linear stub that's valued at a dollar a share which is a business that's in secular decline that without the synergie ...

Acquisition Rationale - IBM is acquiring Confluent to capitalize on the growing importance of real-time data for enterprises and AI agents [1][2] - Confluent's technology unlocks real-time data value across various applications and clouds, enabling AI agents to access data in a controlled manner [2] - The acquisition aims to provide synergy for both IBM and Confluent, expanding market reach and innovation [6][7] Financial Implications - Confluent is experiencing growth of approximately 20% annually, reaching a billion-dollar scale [5] - The recurring revenue model of Confluent is financially attractive to IBM [4] - IBM aims to increase Confluent's growth rate, similar to the impact seen with Red Hat Open Shift [8] Strategic Positioning - Confluent will be integrated into IBM's software division, specifically within the data segment, not Red Hat [4] - IBM's go-to-market strategy will leverage its software sales team to expand Confluent's reach [4][6] - IBM positions itself as complementary to other AI players like Oracle and Microsoft, focusing on helping enterprise clients unlock data value across diverse environments [10][11] Synergies and Opportunities - IBM can provide go-to-market synergy, helping Confluent access markets that would be expensive to enter independently [6] - IBM's infrastructure can free up resources for Confluent to invest more in R&D and innovation, particularly in the AI space [7] - The acquisition is expected to enable Confluent to reach more enterprises than it could on its own [8]

Executive Departures & Talent Shift - Apple is experiencing executive departures, creating uncertainty and headline risk [1][2] - Half of the departures are due to retirements, bringing new talent into the company [2][3] - Some departures are due to talent foraging by Meta, OpenAI, and other companies [2] - Jeff Williams, the COO's retirement last year, had a cascade impact [2] - The departure of Alan Dye, head of human interface design, is seen as a negative [8] - Rumors of Johnny Srouji, head of semiconductor chip design, potentially leaving would be a material loss [8][9] Apple Intelligence & Future Growth - Apple is strategically resetting on Apple Intelligence, potentially driving changes [2] - Apple Intelligence (Siri 2.0) in Spring 2026 could improve iOS base monetization [4][5] - If Apple Intelligence works, it could trigger services monetization and a hardware cycle [6][7] - The key question for Apple is how to improve monetization for iOS users [5] Stock Performance & Analyst Perspective - Evercore IT hardware networking equipment senior analyst raised the price target to $325 from $300 [1] - Despite executive departures, near-term outlook for Apple stock remains positive [2]

Joining us now is Bob Dah, CEO and CIO at Crossmark Global Global Investments. Bob, great to see you. >> Good to see you, Mike. >> How are you thinking about uh the market economy interplay into this Fed decision? >> Uh look, I think we're in a high risk bull market. Words chosen carefully. Bull market path to least resistance is higher. When the Fed's cutting rates and earnings estimates are going up, stocks almost never go down. That's the bull part. Got to be invested. >> You know what the other side is? ...

that enormous deal that was announced on Friday uh in which Warner Brothers agreed to sell itself to Netflix. Obviously, a lot of reporting throughout for me on Paramount and their frustration with uh in fact the process itself and uh we can now u according to the wires and a press release tell you that um Paramount is now launching a tender offer to acquire Warner Brothers Discovery $30 a share all cash. Now, what this will have the effect of doing essentially is making the shareholder vote on the Netflix ...

I am here now uh with David Ellison, the chairman and CEO of Paramount, which this morning has launched a $30 allcash tender offer to acquire Warner Brothers Discovery, a company that I believe you bid at the last count six times for. >> Correct. >> Um but did not come up with the prize that you sought, hence this morning's news.David, why are you doing this. >> So, look, we're really here to uh to finish what we started. like just to kind of take you through the road in terms of how we got here.On December ...

The Fed set to meet this week and the White House National Economic Council director is calling for a 25 basis point cut. Joining us now, the aforementioned White House National Economic Council Director, Kevin Hasset, >> who's uh I don't know, it's growing. He's growing in size like uh and I think I need to call you Mr.. Director now. Just the anticipation of maybe even greater things for you in the future. You got >> you're Yeah, you're at 78% now on on some of the things. So, we're going to have a wide r ...