RUSH TRANSCRIPT Appreciate that ░░░░░░░░ foxman Paul sweeney We ░░░░░░░░ here in a bloomberg ░░░░░░░░ brokers studio We are ░░░░░░░░ live on youtube to ░░░░░░░░ over to youtube and ░░░░░░░░ bloomberg global news and ░░░░░░░░ s just reporting I ░░░░░░░░ not a lot of ░░░░░░░░ there in the is ░░░░░░░░ but lots of economic ░░░░░░░░ coming up this week ░░░░░░░░ lots of earnings so ░░░░░░░░ be plenty for this ░░░░░░░░ to just going for ░░░░░░░░ s bring a common ░░░░░░░░ She covers all the ░░░░░░░░ here for bloomberg news ░░░░░░░░ joins us to bloomberg ░░░░░░░░ brokers studio come looking ░░░░░░░░ here To a child ░░░░░░░░ another name that we ░░░░░░░░ looking at is Nicholas ░░░░░░░░ k L a today ░░░░░░░░ s a 20 percent ░░░░░░░░ news that Jay behind ░░░░░░░░ by 13 of at ░░░░░░░░ machine class eight tracks ░░░░░░░░ it s interesting also ░░░░░░░░ hearing that the archer ░░░░░░░░ jovi moves is wild ░░░░░░░░ sort of new transportation ░░░░░░░░ are getting a yeah ░░░░░░░░ and other need that ░░░░░░░░ and and on a ░░░░░░░░ when yellow freight exactly ░░░░░░░░ nine year old trucking ░░░░░░░░ goes under educated physician ░░░░░░░░ yeah in with the ░░░░░░░░ out with the all ░░░░░░░░ It this is empty ░░░░░░░░ can get my electric ░░░░░░░░ manufacturers mixed up This ░░░░░░░░ a company that said ░░░░░░░░ can make like trucks ░░░░░░░░ but like the semis ░░░░░░░░ exactly they of them ░░░░░░░░ in the freight for ░░░░░░░░ hunte chance point and ░░░░░░░░ that that s how ░░░░░░░░ ties in act Johnson ░░░░░░░░ Johnson and that shares ░░░░░░░░ as much as and ░░░░░░░░ half percent I am ░░░░░░░░ judge ruling that that ░░░░░░░░ company can t settle ░░░░░░░░ with and people that ░░░░░░░░ you know had issues ░░░░░░░░ cancer stemming from one ░░░░░░░░ it s jags analysts ░░░░░░░░ that this you now ░░░░░░░░ s just going to ░░░░░░░░ the process messier law ░░░░░░░░ said that that s ░░░░░░░░ on shares Animals are ░░░░░░░░ hear you look at ░░░░░░░░ a and our function ░░░░░░░░ j and j That ░░░░░░░░ the analysts recommendations Eleven ░░░░░░░░ 15 holds zero sell ░░░░░░░░ three don t know ░░░░░░░░ to do this now ░░░░░░░░ what s interesting too ░░░░░░░░ you know and and ░░░░░░░░ I m not a ░░░░░░░░ specialist but During intelligent ░░░░░░░░ with malin caught trying ░░░░░░░░ trying to say or ░░░░░░░░ s creditors trying to ░░░░░░░░ it should declare bankruptcy ░░░░░░░░ than pay the full ░░░░░░░░ of it s settlements ░░░░░░░░ ve seen a couple ░░░░░░░░ these deals come up ░░░░░░░░ the company wants to ░░░░░░░░ interesting transaction to train ░░░░░░░░ some of the settlement ░░░░░░░░ it owes people over ░░░░░░░░ we their opium settlement ░░░░░░░░ sentiment in this case ░░░░░░░░ then we see a ░░░░░░░░ same maybe not yeah ░░░░░░░░ so It s But ░░░░░░░░ you look at changing ░░░░░░░░ s a big company ░░░░░░░░ I think a lot ░░░░░░░░ answer feel like that ░░░░░░░░ Just get this behind ░░░░░░░░ exactly one that s ░░░░░░░░ Some of them are ░░░░░░░░ this is going to ░░░░░░░░ an issue and other ░░░░░░░░ are kind of saying ░░░░░░░░ know we ve seen ░░░░░░░░ coming yep I think ░░░░░░░░ having a I couldn ░░░░░░░░ go back to the ░░░░░░░░ know When I first ░░░░░░░░ the suffragists is huge ░░░░░░░░ litigation It was a ░░░░░░░░ Did Okay did fine ░░░░░░░░ it and most investors ░░░░░░░░ think back 20 years ░░░░░░░░ which just just pet ░░░░░░░░ get it in the ░░░░░░░░ view and then we ░░░░░░░░ move far That s ░░░░░░░░ that s really what ░░░░░░░░ stock needs and for ░░░░░░░░ of these companies that ░░░░░░░░ big lie Litigation liabilities ░░░░░░░░ there That can be ░░░░░░░░ way to play A ░░░░░░░░ air pressure There are ░░░░░░░░ names too big a ░░░░░░░░ ones that are moving ░░░░░░░░ on this chand yeah ░░░░░░░░ re looking at shares ░░░░░░░░ adobe it s at ░░░░░░░░ four percent and and ░░░░░░░░ and okay that yeah ░░░░░░░░ a db Morgan Stanley ░░░░░░░░ that even though it ░░░░░░░░ kind of late to ░░░░░░░░ party they have more ░░░░░░░░ now on how it ░░░░░░░░ use artificial intelligence sample ░░░░░░░░ and you know actually ░░░░░░░░ them pounds here Technologies ░░░░░░░░ another one That s ░░░░░░░░ s up a lot ░░░░░░░░ It s at about ░░░░░░░░ team as much as ░░░░░░░░ percent s p L ░░░░░░░░ are on growing optimism ░░░░░░░░ it s Exposure to ░░░░░░░░ intelligence is well This ░░░░░░░░ we ve seen this ░░░░░░░░ such a big trend ░░░░░░░░ the stock market this ░░░░░░░░ especially lifting tech names ░░░░░░░░ semiconductors Obviously nvidia has ░░░░░░░░ ran the biggest top ░░░░░░░░ the year So it ░░░░░░░░ interesting to see these ░░░░░░░░ just continue to move ░░░░░░░░ optimism hear anything We ░░░░░░░░ more Big Tech companies ░░░░░░░░ this week We re ░░░░░░░░ to get this buzz ░░░░░░░░ a guy and meant ░░░░░░░░ singh from bloomberg Intelligence ░░░░░░░░ a good point earlier ░░░░░░░░ when he said Numbers ░░░░░░░░ they report and it ░░░░░░░░ me to thinking and ░░░░░░░░ walk into my hedge ░░░░░░░░ manager of the annals ░░░░░░░░ tech house and say ░░░░░░░░ Can you give me ░░░░░░░░ hundred million bucks for ░░░░░░░░ million bucks Let me ░░░░░░░░ a basket of these ░░░░░░░░ going into earnings because ░░░░░░░░ think there s there ░░░░░░░░ more downside risk going ░░░░░░░░ this earnings per Industry ░░░░░░░░ like adobe I mean ░░░░░░░░ know coming you re ░░░░░░░░ and Morgan Stanley sees ░░░░░░░░ sort of late to ░░░░░░░░ party but have you ░░░░░░░░ with some of the ░░░░░░░░ Phil capabilities were able ░░░░░░░░ Twitter or ex excuse ░░░░░░░░ playing with some degenerative ░░░░░░░░ Quick reaction We have ░░░░░░░░ seeing something like that ░░░░░░░░ though the company may ░░░░░░░░ been dragging it s ░░░░░░░░ or whatever You away ░░░░░░░░ some of these uses ░░░░░░░░ the sale in photoshop ░░░░░░░░ you re stunned and ░░░░░░░░ s no surprise that ░░░░░░░░ would be on a ░░░░░░░░ will and it s ░░░░░░░░ interesting is this idea ░░░░░░░░ relate to the party ░░░░░░░░ re still just in ░░░░░░░░ first wave right So ░░░░░░░░ s maybe it s ░░░░░░░░ to being a first ░░░░░░░░ our but this Take ░░░░░░░░ to unfold so I ░░░░░░░░ that the winners and ░░░░░░░░ really just haven t ░░░░░░░░ been identified yet and ░░░░░░░░ a eyeballs and ultra ░░░░░░░░ I m just going ░░░░░░░░ think about their knives ░░░░░░░░ in her last week ░░░░░░░░ wedbush securities They say ░░░░░░░░ is he calls it ░░░░░░░░ 19 80 five of ░░░░░░░░ And that s what ░░░░░░░░ bulls that s their ░░░░░░░░ on a I If ░░░░░░░░ if you think that ░░░░░░░░ there is no early ░░░░░░░░ or were a long ░░░░░░░░ from early innings or ░░░░░░░░ s no being late ░░░░░░░░ the right Whoever was ░░░░░░░░ to the party pre ░░░░░░░░ combine still right yeah ░░░░░░░░ one of migrants so ░░░░░░░░ grace stuff common reinecke ░░░░░░░░ much for erroneous common ░░░░░░░░ She covers all the ░░░░░░░░ markets for bloomberg News ░░░░░░░░ live here in a ░░░░░░░░ interactive brokers studio art ░░░░░░░░ do we do with ░░░░░░░░ market We had Doug ░░░░░░░░ on this morning He ░░░░░░░░ ashamed of money manager ░░░░░░░░ is a famed he ░░░░░░░░ been doing us a ░░░░░░░░ really well known he ░░░░░░░░ barish Hewitt He was ░░░░░░░░ on the first half ░░░░░░░░ than he thinks this ░░░░░░░░ just ran away from ░░░░░░░░ over the last four ░░░░░░░░ six weeks and it ░░░░░░░░ now the market itself ░░░░░░░░ his way over it ░░░░░░░░ heels and he is ░░░░░░░░ in some of his ░░░░░░░░ here Katarina a joins ░░░░░░░░ more of a long ░░░░░░░░ player here with Morgan ░░░░░░░░