>> microsoft, it's as steady as it gets. it's beta at 0.89 is lower than the consumer staples sector and utilities. steady as she goes up and to the right, buy it into earnings. >> stony. >> i think china's electric vehicle market is about to heat up with nio's battery swapping i'm buying a may august call diagonal. >> michael >> i like microsoft fundamentally. it doesn't tend to move that much on earnings week. i think calendars and diagonals are the way to play into it. >> that does it for us here, see you next friday 5:00 p.m. eastern time "mad money" starts right now - [presenter] the following is a paid advertisement for plexaderm skincare. watch this, it's all 100% real. witness what happens to this woman's bags under her eyes in an actual time lapse in just minutes. nothing has been doctored or tampered with. the very real problem will disappear before your eyes and hers with a revolutionary topical formulation that works in just minutes and the effects will last for hours and hours. over one million people are succes

i think there's more upside for microsoft going into earnings. i would go further out in terms of the weekly. i might go to the may week lip and sell 280 call against it giving a little bit of upside on microsoft because i do think it is very strong. >> mike, what do you think of those tweaks >> yeah, so, one of the points i would quickly make is if you were going to extend the tenure the maturity of the short option you definitely want to go further out of the money than what i selected. the straight calendar is taking advantage of the fact the stock doesn't tend to move much the week of earnings, but give it more time this stock could move substantially higher maybe up to 285 or higher. if you are going to move to a diagonal use a longer dated expiration you definitelywant a short strike that's further out of the money than the 270 on the straight calendar using on the weekly. >> another name on deck to report next week is neo, the chinese ev giant struggling mightily down more than 15% but tony says the stock could be primed for a big rebound,

365 as microsoft's business, but 60% of microsoft's business is now cloud-based and sasse revenue-based. so i think 35 times revenue is not particularly crazy if you compare it back to 2003, there are very different companies to going back then i think the valuations here are actually favorable reasonable, especially when you have linkedin and xbox growing at about 25% revenue growth here. microsoft is really firing on all cylinders. for those reasons, i do potentially think about mike's trade, where i might adjust that to a diagonal. i think there is a little bit more upside here for microsoft going into earnings. i would go a little further out in terms of the weeklies i might go into the may weeklies, but sell a 280 call against it, giving it a little bit of upside here on microsoft, because i think it is very strong >> mike, what do you think of those tweaks >> so one of the points i would quickly make is that if you were going to extend the tenor, that is, the maturity of the short option, you definitely want to go further out of the money than the one i selected that straight cale

i think microsoft on that list steve said apple will have a huge surprise i think the same for microsoft. that would be my selection behind door two. >> james door two you like this one >> yes, microsoft's got it we pay attention to what's happened since the pandemic hit. i've seen more and more conference calls on microsoft teams. i find more utility with those applications and i find myself more and more embedded as an enterprise to do business using microsoft products and we know all of the innovation out of the cloud, microsoft has probably the greatest intellectual capital and pocketbooks to get what they don't have going forward. i like microsoft. >> obviously just the tech stocks reporting next week carter braxton makes a point it's very rare to have tie of the biggest stocks to report in the same calendar week, this is only the fifth time this has ever happened this is almost a quarter of the s&p 500, steve grasso, so obviously this is going to be important for the markets overall in terms of tone and direction. >> so, i think, yes, i agree with carter. and your set up is spot on

microsoft is down ever so slightly, moving closer to the flat line. nuance is up 15%, trading around $53 a share. a reminder that that deal is for $56 a share. we'll be right back. stay with us ♪ ♪ we made usaa insurance for veterans like martin. when a hailstorm hit, he needed his insurance to get it done right, right away. usaa. what you're made of, we're made for. usaa usaa. what you're made of, we're made for. these days you have to keep everything moving and reinvent the wheel. with a hybrid, you can do both. that's why manufacturers are going hybrid with ibm. with watson on a hybrid cloud factories can use ai to automate the little things so they can focus on the next big thing. businesses that want to innovate at scale are going with a smarter hybrid cloud using the technology and expertise of ibm. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i mis

that microsoft itself created was a very simple principle. every life is of equal value. and i think every so often in our country today, people don't feel that they are regarded to -- as being equally appreciated by someone else. so, i hope we can all show greater appreciation. it's a time to remember that the enemy is a virus, not each other . then take steps in a very tangible way to give people what they need for greater success . you know, for somebody like me, yes, we need to bring broadband to every world and make it affordable for every family in urban america. we need to provide access to digital skills for everyone. we need to protect people's rights and use data that can create greater confidence in our law enforcement officers and what they do and how they do it across the country. there's always a little bit of a danger, obviously. there are a lot of problems that have technology as a piece of the solution and if we in the tech sector can recognize that opportunity to be a part of the other team and serve the entire country, i th

microsoft beating on the bottom and the top. productivity and business processes, 3.6 billion that was an increase in 15%. within that commercial revenue growth of 22%. linkdin increasing 25% and then the intelligent cloud azure revenue growth was 15% 46%, and finally more personal cop puting $13 billion windows oem revenue there. xbox jumping 34% i checked in with kirk who covers the name. he noted that there was a very high bar he said the stock was up huge and azure up was slightly below the whisper number which is more in the high 40s. he says you're at least initially commercial bookings and backlogs are both up strongly and that confirmed the long-term cloud thoesis is well in tact here they are on the call and they bring you the headlines as they come >> thanks for that, josh lipton. microsoft was an out performer versus it's peers. it didn't have as high of a multiple, of course. it had a give and take scenario. it was up like four times the igb, and the bar was set very, very high. and deservedly so. i had the number, y

president of microsoft. also -- implies that georgia law. for years he bought off criticism and regulation by bribing -- i am sorry, making donations to members of congress, microsoft has given 20 million to convince them they are not part of big tech, they are worse than big tech, everyone republican member of congress, policy maker wined and dined and financed by grad brad smith. china, to view windows code. china uses access to microsoft source code to help blot -- plot cyber warfare, on and on it goes year after year microsoft the ally of our biggest enemy,

microsoft second largest acquisition ever buying nuances, important step in expanding microsoft's presence in health care and cloud transformation moving from a consumer focus when it started deeper into industry where the competition is nuance to pave the way for deeper relation. s isn't cloud and ai even outside of health care the $16 billion number represents a 23% premium over friday's close if you don't include debt, $16 billion and you see impact on nuance stock this morning up about 17% more from our interview with satya nadella later in the hour, but, carl, this is exactly the kind of story that we are centered on here on "techcheck." the meaning behind it. you see nws in the cloud bigger than everybody else if you're microsoft, if you're google, if you're ibm, if you're oracle, how do you catch up? the game is not just top-line growth it's also profit if you're satya you're probably thinking how do i leverage my strength in enterprise, in software to get more value to customers? this nuance play going deep in health care is one attempt to can do that. >> that's a great point, jon

microsoft down 3%. other f.a.a.n.g. names holding up facebook up 2% after its report after the bell visa is up 2% on the back of earnings as well a lot of movers to get to. first, it's time for a news update rahel solomon has it. >> boeing shares are helping to drive the decline of the dow industrials, even as the broader market is on the rise. jets were short of expectations and the ceo says that the 737 max situation is disappointing >>> black and decker results beating estimates. sales shot up 48% over the last year thanks to demand from professionals and homebound consumers. >>> the family of the late samsung founder will pay taxes for his estate, one of the largest inheritance tax bills ever and donating his art collection to south korea and another $900 million to improve public health care >>> and in wales, here's something a little different remote work being taken to new extremes a call center consultant set up his office on a cliff facing the irish sea. he says as long as he has a good internet connection and

should microsoft be paying more in taxes? brad: what we have said is we need to have a conversation about corporate taxes. i think we need to do it in a way that is sensitive to the needs of different parts of the economy. clearly, some parts of the economy, like the tech sector, have more capacity. we are doing better. we would certainly like to see our competitors paying their fair share of taxes. there are some in the industry that frankly pay a very, very low rate. but we also need to be especially sensitive to the international competitiveness of those parts of the american economy that operate on lower margins than tech. it is a real conversation that needs to be had. the nuances are really critical. emily: any competitors you would call out that you think are not paying enough? brad: no, it's owns like you are doing a good job of talking to people already. emily: moving to antitrust. your arrivals are getting most of the scrutiny. apple, amazon, google, facebook. why do you think you are avoiding the hot seat? what do

microsoft flat to slightly higher. now, as we await quarterly results after the bell, what a run the tech world's kong and godzilla have had as people were forced to reimagine the way they work and where, right? but microsoft though, the work and live at home movement has pushed the software giant closer to the $2 trillion market cap milestone. it is hovering just below with it right now at about $1.9 trillion. yes, both have huge, diverse businesses, but could their clouds be the key to splashing continued sun shine on their investors' portfolios? let's bring in two heavy hitters, global ex funds jay jacobs and daniel rubino, windows central. dan, let's tackle microsoft first. its intelligence cloud which includes the monster progression peaking last year with $13 billion in revenue. what are you expecting and why is the cloud so important right now? >> great question. so the cloud is obviously going to be the future for microsoft. it's one-third of their business. it's continuing to grow. it's gaining on amazon. we d

. >> remember going into this report microsoft was u

in the past couple of months the stock of microsoft is up by about 50 percent in the foss the pasta to alfonse the company has reached a valuation pretty much of 2 trillion dollars so we've seen that was a couple of other earnings so far as well even if the numbers are very solid or even strong if you see you know it was microsoft stock prices also have been up quite a bit so maybe as they say on wall street buy on the rumors sell on the facts maybe we just see some profit taking so the stock in the after hours session down by a good 3 percent a real surge in cloud computing but no clouds there where you are enjoy that springtime weather i'm very jealous. most companies have always shied away from speaking out publicly on burning social issues that changed after the killing of george floyd and the black lives madam movement it sparked several american multinationals to take a clear stand on racial justice. protests against the new voting bill in texas demonstrators say it will suppress minority voters such movements are now even getting the support of corporate america since the bla

vulnerabilities in microsoft exchange products. through coordinated disclosure process our organization help all partners insurable the building engaged actions were quickly shared broadly. on march 3, cisa issued executive emergency directive 2102 requiring federal civilian departments and agencies to investigate, patch and if necessary disconnect vulnerable products from the network. this reflects our determination that these vulnerabilities pose an excitable wrist to federal networks and require emergency action. cisa is aware of wide spread exploitation and her supporters of the malicious actors using these full abilities to get access to target organizations in the united states and globally. in portly, once an episode gains access to microsoft exchange server, they can access and control enterprise network even after the vulnerabilities unpatched. malicious exportation could be conducted by actors with various motivation from student steve information to ask you ransomware attacks were physically damaging connected infrastruc

she started her career at microsoft. providing counsel to the democracy program through the 2020 presidential election but she spent a decade at dhs serving at several attorney levels. including lead attorney as it -- a representative to the committee on foreign investment for the united states and she was a cybersecurity attorney which is where i got to know her. she was also for some time the primary sample security legal advisor to the election task force. that is now called the election security initiative. a wonderful team we have here today to have this converstaion --conversation to better understand the role of cybersecurity. i want to remind everyone that is watching that you can ask questions. there is a big green button, ask questions here. hit that button and typing your questions. my colleague will be putting those together and providing them to me so that i can ask our panelists at the end of our moderated conversation. we will start with tim. i think this is your first public appearance as the senior couns

microsoft will get a record from its clmputing platform. it is a new vertical for microsoft going after the health care space. this is a big bet and a new area. it is microsoft's first big deal in health care. we will see how it pans out. it is definitely a new application for microsoft and nuance also has older technologies. it is sort of a bit on the future -- a bet on the future. with a company that has revenue and profit. it is a pretty interesting move. caroline: revenue and profits. talk to us more -- he said it is second to the debt he said it is second to the linked in deal. nothing in comparison to the company's cash. it can certainly afford it, but what does it speak to in terms of the overall m&a playbook? >> microsoft is a massive company. it takes a lot to move the needle. they have been attacking different areas in m&a. earlier this year, there were reports they were looking at a 50 lien dollar plus -- a 50 billion plus deal looking at pinterest. they have a huge corporate dissolve material looking at all of microsoft's big ar

outside of your work at microsoft, microsoft has also been very engaged as a company. i hear that the group that you are now going to be providing legal advice to will be focused on ransomware. talk about the work that microsoft has done and some of the things that you are doing with regards to how we approach and change our approach to dealing with this growing threat . >> absolutely. there is a lot that i have learned since the presidential election. the first is that as michael alluded to, ransomware is a high priority at this point with little to no barrier to entry. it has evolved since -- as a service. it is now modular. kemba: someone like me who has never coded anything can get into this business. what do i mean by that? you can purchase access to networks and you can lock up an entire hospital or school system. it is human intelligence driven so the bad guys know exactly how much you can afford or potentially afford to pay to unlock the system. they understand the sensitive nature of the data. they are prepared to sell it on the black market or spilled in publ

i expect it to be a strong quarter for microsoft. when i look at it, is it ahead of itself because of where it is trading on a pe? yeah, maybe, but they've been growing into that each and every quarter. i'm not concerned about the fact maybe they're trading around a 31 or 32 forward pe. i think it is a company with the growth they've shown us so far, they can continue to grow. there's a lot of different categories we can see that growth. >> you're not concerned too much is in this stock 17% year-to-date is a darn good move for a company like microsoft. >> yeah, when you consider the size of microsoft, yes, that has been impressive. i look at that name, i look at facebook, i look at some of the other names that have made a really nice push to the upside but when you see what microsoft has been able to accomplish, scott, it is right on. i mean it is pushing right up against the 52 week highs, all-time highs so it is really impressive what they've been able to do. satya nadella has had a plan, he stuck to the plan and they've been aggre

microsoft going after the health care space. this is a big bet and a new area. it is microsoft's first big deal in health care. we will see how it pans out. it is definitely a new application for microsoft and nuance also has older technologies. it has been a publicly traded company for a lot of years. it is sort of a bet on the future. with a company that has revenue and profit. it is a pretty interesting move. caroline: revenue and profits. tell us more, you said it is the second-biggest to the linked in deal. $20 billion means nothing in comparison to the company's cash. it can certainly afford it, but what does it speak to in terms of the overall m&a playbook? reporter: microsoft is a massive company. it takes a lot to move the needle. they have been attacking different areas in m&a. earlier this year, there were reports they were looking at a 50 billion plus deal looking at pinterest. they have been looking at the audio chat and apps. they have a huge corporate development team looking at all of microsoft's big areas whethe

microsoft is down today. there are questions about where apple stock is going it has been stalled out. yes, it has had a nice little burst over the last month, but if you are a tech investor, if you are watching this program, you have a lot of money in the nasdaq, in those type stocks, you better how much that apple knocks it out of the park because the next leg higher for the nasdaq, where is it going to come from if it doesn't come from mega cap tech >> well, it would only come from a pull back in yields, and long duration assets right now are in a vulnerable position once again because the ten-year treasury is rising to 165, energy is favored. you have much better conditions related to europe, and the first of the month is coming next week i suspect you will see a lot of the safe haven in-flows into u.s. equities, in particular for mega cap technology. they will come out now that there's some better conditions in europe. they'll go into european equities, they will go into emerging market equities so there

microsoft has sort of emerged. they've had their antitrust issues a few decades ago but they've sort of been able to slide under the radar awe little bit under the latest round of scrutiny they're perhaps able to do these deals when some of the other big tech giants are not. you think about other m & a in the tech space, salesforce acquiring flat, that deal has to be closed. but you have to wonder can another company be able to do. we have to explore it as well. if i can, guys, i'm going to give you a little preview, is that okay? >> yeah. >> watch -- okay, we've got the new background for you let me see if i can do this. there you go, new colors, new show you can see the background on tech check in just a few hours >> okay. we will see you. we're looking forward to it. good luck, and good luck to the whole team thrilled for you guys and it's going to be quite something. joe. >> thanks, andrew. >>> coming up, a s.a.l.t. deduction cap work around, but just for hedge funds and other partnerships details coming up. â™

plus, apparently the third time is the charm why microsoft is paying 16 billion for company that's been rumored be bought out by apple and sumsung in the last decade we'll be closing in on a crypto race to the bottom what's happening in the digital world that has real world implications for some big names. all that and much more over the course of just the next 59 and a half minutes we'll begin with dom and your money. dom, i saw the very rare s&p 500 momentarily was 0.0. d day's gpa. they aside, it's ban pretty good month of april >> it has been a very good month of april so far. up nearly 4% for the month of april so far for the s&p 500 that's a decent stretch for any month on the whole it's only been about a couple of weeks now. keep an eye on the s&p 500 still above that 4100 level. maybe the marginal moves don't matter as much now a period of digestion. both of these are at record highs. watch that the nasdaq off just fraction mally as well. one of the big stocks we're talking about all day today has into with chinese internet alibaba shares are up 8, 9% so far. the reason why it's

the technology is what microsoft is going after, and i expect not just microsoft but others to be part of it as well. tom: was this an offense of or defense of acquisition? did they make this so apple would not buy them? >> absolutely not. i think this is very offensive. they are investing into the health care area. as i said, health care is an industry that lags everything else, it is so behind retail, banking. what we have seen because of the pandemic, you need to be digital. we think it is going to be a big deal for the health care industry and we expect more from here. tom: thank you so much. we will have much more on this, particularly bloomberg technology this evening. nuance technology picked up by microsoft. huge equity gains and also huge cash on the balance sheet. this is a conversation we wanted to have for days. with the passing of robert mondale. you've heard me say that the lineage of our international economics goes back through's chicago of long ago and jacob frenkel. we are thrilled he could join us this morning. he is the group of 30 chairman of the board of trustees.

so you expect microsoft to pay some sort of premium you also look at -- microsoft has done very well over the past couple of years because of its focus on cloud and ai. it's getting that valuation benefit there. if it wants to continue to grow and buy what it sees as the businesses that will help power it to justify that valuation and perhaps grow beyond that, i guess it makes sense. >> jon, is microsoft alone in doing these multi billion dollar deals? we've talked about a slew of them not just linkedin, they're in talks with discord and a number of others. i know salesforce has been doing deals. what psome of the other tech giants where does this put microsoft in the race to scoop up these >> adobe has done some deals there are a number of companies that are quite launch that have done deals apple doesn't tend to be acquisitions they do a lot of smaller acquisitions but not big ones. amazon similarly, you saw them do whole foods right now they're a bit more in the spotlight when it comes to antitrust scrutiny perhaps now isn't the time facebook perhaps in a similar boat but you do s

let's look at microsoft. extraordinarily good-- not unchanged premarket microsoft is down four or $5, so i went to ask and bring in susan, it was a fantastic report that by all accounts so how do you explain this thing is down this morning? susan: because it has run up so much and run up into the report card shows wall street was anticipating a huge quarter and that's what you got. you buy on the rumor and sell on the news and as i mentioned cloud was going to be key and you saw a blowout for sewer for 50% in the first three months of this year end microsoft sells more cloud services that is legacy windows business which is a sign of the times and thanks -- thank goodness for shareholders like you more importantly this reverses the trend of sales growth declining at the cloud company and that's a big sign because it's already so big. it was a fantastic quarter all around for microsoft any loss of xbox gaming expanding by over a third thanks to the success of xbox series. also the zoom competitor impressive jo

but microsoft succeeded in leaving minecraft alone. they would instantly acquire a great big community. as long as they can figure out how to let discord be discord and also talk to xbox, they're definitely in the good part of the netflix space. >> not too long ago, rob eert, l the big companies were into gaming amazon was, google was trying to do that and here we are. they both basically effectively dropped out and you've got microsoft left is it theirs to take >> look, i think microsoft is like the three cs, it's content, cloud and community. this ticks all those molly had right. if microsoft leaves discord alone and lets it grow, this will be a great buy even, by the way, $10 billion for a company that generates $130 million in revenue. if they overpay and then undermanage it and leave it alone, i think it could be good for microsoft. >> where does this leave gamestop, mike, dare i ask >> well, gamestop -- first of all, i think it is worth actually checking in on that gamestop story, as if nobody before thought about selling video g

emily: talking about microsoft, also a beat on earnings and revenue. huge growth in the cloud, 50% growth. do you think that momentum holds up when we are through reopening? at the end of this year into next year, can they keep up that momentum? daniel: this is the biggest quarter growth i believe since 2018. he sees this momentum carrying through. my consensus is that i agree. the company is very focused on vertical. it has been able to see some significant growth during the pandemic, which accelerated growth in areas like teams, pc. but also we saw azure. a lot of people thought, two or three quarters ago, it would decrease further and further into 40% or 30%. aws now over 12 billion. 12 billion. it actually bounced back with two continuous quarters over 50%. dynamics 355, their competitive product with salesforce. you saw pc sales up 19%, tracking along with intel's results last quarters. amd, which reported today, a blowout year-over-year result. i think that tech intensity is really in place. now you are seeing the company really focus on vertical

how did microsoft miss this? >> i think that when you look at the sophistication of this attacker there's an asymmetric advantage for somebody playing offense. >> reporter: is it still going on? >> almost certainly these attacks are continuing. >> reporter: the world still might not know about the hack if not for fireeye, a $3.5 billion cybersecurity company run by kevin mandia, a former air force intelligence officer. >> i can tell you this. if we didn't do investigations for a living, we wouldn't have found this. it takes a very special skill set to reverse engineer a whole platform that's written by bad guys to never be found. >> reporter: fireeye's core mission is to hunt, find and expel cyberintruders from the computer networks of their clients, mostly governments and major companies. but fireeye used solarwinds software, which turned the cyber hunter into the prey. this past november one alert fireeye employee noticed something amiss. >> just like everybody working from home, we have two fact authentication

allowed to frustrate solar winds and microsoft exchange attacks?ca >> senator, i think we should be, you know, very proud that we weren't the victims of that exploitation. and it is because of the efforts the department has made over the last several years to increase the agility and responsiveness of the operators inside the networks. so a few things have been done, the consolidation of the capabilities to defend the dodin gave us what is a huge advantage in speed to be able to order the modification and protection changes necessary for any specific threat. it also gave a hierarchy to report back the state of activities.pe so for instance, when there's a vulnerability in microsoft exchange, there can be a cascaded order to go down to say, issue the patch, and run these checks to find out if you're exploited and report back up. so as -- senator blumenthal relaid earlier, you know, you have to know your network to defendier network and changes the department has been making -- in the dodin under cybercommand is they have really upped bar in the abil

i mean, microsoft, can they keep this level of growth up? are that many people using excel or bing or the zoom music player >> it's an excellent question. one of the reasons that the stock looks like it's going to open down 2% now be it that the stock was up 18% year to date in a market that was up 11% because, you think about it with the whole covid and the remote work, remote play, remote study themes that they've had a boom, unexpected boom, in all things hardware and so, i think, one of the things that we all have to wrestle with is do the good tidings continue with microsoft? because, remember, before covid, nobody invested in this company as a hardware story. but now pcs are booming. and can they continue to boom? i think the pc rebirth, let's call it, will have some legs but that's nothing to be concerned about. also folks looked very closely at azure, the public cloud business it's growth is 50% but when it comes to the h high-value stock, it's not the change, it's the rate of change. but azure, i know it seems hard to say, it's star

think about microsoft teams, which is the competitor to slack, microsoft is all in on teams. the package is based on teams performance. so they're going all in, increasing and augmenting the capabilities from a teams standpoint and they're going to integrate that seamlessly with nuance it makes a lot of sense. >> jared, dwret to see you thanks for your thoughts. >> thank you >> that was in terms of satya nadella's compensation is tied to teams and what would that mean to not just a slack, but also to a zoom, let's say. dan, what do you think >> yeah, this is a pretty sneaky little acquisition here, you know $20 billion with debt. it's a rounding error on microsoft's market cap and even on their balance sheet, and i think jared laid it out why they're doing it here. they're adding some capabilities, azure is becoming more and more of a competitor. that's one of the reasons microsoft is almost a $2 trillion market cap. to me this makes sense they can basically do whatever they want. they were looking attic together, discore, a few thins this is 1% of their sales, but it means s

is this anyone with microsoft exchange or anyone running a server >> anybody running microsoft exchange and using those servers needs to patch that now. this is fascinating, right, because there's been this question in the u.s. government about u.s. intelligence agencies and what their role should be vis-a-vis the private sector should the national security agency, which is reportedly and by reputation the best in the world at hacking and detecting hacks, should they be involved in dealing with the defensive side of cybersecurity and warning american companies here we see an example that appears to be just that, something slightly new here or more aggressive posture anyway from the national security agency going through the white house now and putting out this warning to companies saying microsoft is now releasing these patches as a result of what the u.s. government told it about vulnerabilities in its software. those patches are out there now for your i.t. teams to download and apply per the instructions but this is the u.s. government warning the private sector that there is a weakne

microsoft is china soft. if you work with brad smith. and microsoft, you are sides with the enemies of america. but not just microsoft, you need to cut ties with, this is coca-cola ceo. james quincy, he lined up coca-cola behind hr1 to rig the voting rules in democrat's favor. he said to protect black people's rights, but james quincy targets black people, black kids see twice as many of its ads as white kids, james quincy increased his ad spending 80% linking his product to poor health, he encourages racism in his own company, coca-cola employees told to be less white as part of their diversity training, and europe his coca-cola claims -- continuing to be one of the biggest polluters of our ocean. here is another disgusting two-faced corporate hypocrite, larry fink. chief executive world's largest investment firm. if concerned about efforts that could limit access so ballot for everyone, he is concerned about social justice but not concerned enough to do it in his own company. 3% of his senior leaders are black. 5% of his hus -- u.s. wo

in response to the recent solarwinds and orion in microsoft exchange server incident. i am the department of defense deputy chief information officer for cybersecurity in the chief information security officer the national security agency and admiral chase advisor to the secretary defense and senior military advisor for cyberpolicy to the undersecretary of defense for policy. is a cybersecurity strategy roadmap i drive that continuous improvement and modernization of cyberdefense posture. i ensure defense agencies and field activities has cyberprocedures and training on appropriate timeline. i lead to oversee implementation of the zero trust framework across the dod. mr. joyce is the leader of the newly form cybersecurity director responsible for the agency cybersecurity mission charge with directly advancing the nation, federal government and department of defense cybersecurity through technical development, partnerships and provision of technical advice. as a lead for the intelligence community most technically keep also have her security component he can provide fee

government affairs for microsoft. company's strategy and government affairs outreach for the most pressing policy issues facing us today, everything from privacy and trade to cybersecurity, immigration and technologies. he's also chief of policy advocate internally and externally federal, state and civic affairs. microsoft is a corporate counsel and while the shindig for today's program and networking component, we are avid users of the microsoft platform which has been on for much of the afternoon. thank you for joining us today and i turn it over to you now. >> thank you, frank. i want to welcome missy, our moderator today. she's a reporter covering the pentagon, military issues and national security for the washington post. i'm also honored to have the opportunity to introducehe congressman adam smith, chairman of the house armed service committee to this global and distinguished body. microsoft headquarters in redmond, washington. washington's mike congressional district, district is home to many microsoft colleag

that is what is a tracking microsoft to it. nuance has great contracts with a lot of big medical providers and it is seen as a way for microsoft to get an edge in big health care tech. haidi: what does this tell us about the m&a strategy? >> they have been aggressive. bloomberg has reported over the past few months that microsoft has looked at different targets before, like in the internet space. it has looked at pinterest. and recently bloomberg reported it held talks with discord, the audio videogame chat app. but when it actually transacts on details -- on deals like this potential one, it seems to be more focused on the enterprise space. medela has brought it further into benny's with corporate's. this would be the second largest deal they have ever done after linkedin, $26 billion a few years back. it shows that microsoft is still really aggressively trying to buy companies that serve the enterprise. when they are not serving the enterprise, they dubai videogame companies. this would be the biggest deal since its last deal

at microsoft, he plays a key

this was microsoft bob. microsoft bob was a short lived idea for making, interacting with the computer impossible and noisy and scary and slow and extra discombobulate-ing. microsoft bob. absolutely terrifying. that was circa 1995. microsoft bob did not last. someone in that same category of history, you will also find the original iteration back in 1999 of something called the eye smell. literally, a product called i smell. sure, why not. have you never been eight years old answering the telephone? i smell! the idea was when you went to a certain website, this thing on your desk would proof out at you, a little bit of stink. a little stink that was specifically designed to create a smelly feeling about. that website. there are no new iterations around now, but the original, the i smell is still famous today for obvious reasons. microsoft bob, the i smell, there's a number of different sorts of halls of fame for worst and dumbest tampa tech things marketed to the american people. i smell, microsoft bob, thin

microsoft slips with results missing top and projection

with the microsoft deal. microsoft is very aggressive you saw the name thrown in tiktok bid they have been overaggressive. that is what management is seeing for what they are trying to drive with organic growth when you have a market with things going up and the back drop has been strong the reopening. the effective rollout of the vaccine. the market back drop has been strong that drives up bidding microsoft could have paid less for nuance communications and now paying a lot more. a 25% premium on friday's close. we are having a situation. >> you are not scared off. they bought linkedin doesn't sound like you are worried. you still like the stock how come >> 100%. i like the way management is growing. nuance communications deal is great for them to get in the health care area nuance is great with the big software provider. that is great for microsoft to further diversify. the business they have is so diverse and doing well for investors and this is a great deal that technology, ai technology, can be applied i

the only news, microsoft and they report later this afternoon. 261 on microsoft. all the others on the upside including alphabet, google who reports this afternoon, $2311 per share as we speak for google. test on the downside. 19-dollar, two and half percent drop. what's the problem, susan? susan: might be quality of profits as we see record profit for tesla but the majority came again from selling these green credits to other companies and not from selling cars. they did report a 100 million-dollar plus positive profit and impact from selling bitcoin, 10% during the quarter and that ignited a debate between dave portnoy and elon musk. day .9 tweeting elon musk buys bitcoin and pumps and dumps it when he makes a fortune when musk responded i have not sold any of my bitcoin, tesla sold around 10% of the holdings to approve that liquidity a bitcoin. you know what i found interesting, elon musk actually owns bitcoin. i didn't know that. i thought it was just a purchase by the company so i thought that was revealing. stuart: i remember he said the company bought one a

government affairs for microsoft. he sets the company's strategy and government affairs outreach on the most pressing policy issues facing us today, everything from privacy and trade, cybersecurity, and emerging technologies. he is also the chief public policy advocate internally and externally in all aspects of federal, state, and civic affairs. microsoft is a member of meridian's corporate counsel. while we are using shindig for today's program for the networking component, we are avid users of microsoft's form. which i have been on for much of the afternoon. fred, thank you for joining us today. over to you. fred: thank you, frank. first, i want to welcome missy ryan, who will be our moderator today. she is a reporter covering the pentagon, military issues, and national security issues for the washington post. i am also honored to have the opportunity to introduce congressman adam smith, the chairman of the armed services committee, did this global and distinguished audience. microsoft is headquartered in redmond,

this was microsoft bob. microsoft bob was a short-lived idea for making interacting with a computer impossible and noisy and scary and slow and extra discombobulating. microsoft bob. absolutely terrifying.t that was circa 1995. microsoft bob did not last. someone in the same category of the dust bin of history, you in will also find the original iteration back in 1999 of something called the i-smell. it's a product called i-smell, because sure, why not. have you never been 8 years old and answering the telephone? i smell.er the idea was when you went to a certain website, this thing on your desk would poof out at you a little bit of stink. a little stink that was s specifically designed to createl a smelly feeling about that website. there are new iterations of this around now. but the original, the i-smell, is still famous today for obvious reasons. microsoft bob, the i-smell, there's a number of different sorts of halls of fame for worst and stupidest tech things ever marketed to the american people. i-sme

but this gets put in everything microsoft is doing. when you think about the price, it justifies things a lot more. alix: keep in mind that for microsoft that prices probably peanuts. they have so much cash on their books. you're right that the nuance deal is nuanced. get it? i do think the evolution of health care when it comes to ai is quite huge. a lot of people in private equities, that is what they are betting on. telemedicine and different ways of that kind of growth. this buys into that theme. guy: is really under development -- it is really underdeveloped when you think about other industries. there is really an opportunity. this is viewed as being embedded into just about everything microsoft does. it is interesting microsoft is flying below the radar from a regulatory point of view as well. other companies cannot do this deal. alix: you made that point. apple would've made some sense, but that was not going to fly. guy: absolutely not. a bunch of interesting things together in this deal which is why it is worth spending time