he didn't tweet, he didn't post on facebook in the more that donald trump was banned by silicon valley to shut him up and ostracize him, the more he became everyman. he was everywhere and he was nowhere at the same time. they are obsessed with him but the only thing that is left of donald trump was his wonderful record. so joe biden did exactly the opposite of what trump did and it showed us that trump had done wonderful things. so i guess the message of the election was you've got to have that trump populace message, we've got to be angry and not take things from the left but when they control silicon valley and the corporate media and entertainment and k-12, you've got to be very careful how you target and focus your attacks and the irony was that by trying to destroy trump on social media, the rebirth him. i think it is really important for the republican party whether it is trump or his rivals to keep that message. remember, the republican party, they lost seven out of the last eight popular votes, presidential votes. and they have not won 51%. youngkin almost did. it was 50.9% or

they are funded by hollywood, silicone valley and wall street and the lobbyisties in washington. they are leaning left. but the heart of the democratic party bernie sanders. he really is president. i don't know if people understand that. he just doesn't have to show up. >> sean: joe didn't know we were paying $450,000 to illegal immigrants who don't respect our borders and senator. -- sovereignty. he told our own peter doocy stop talking about. >> there is a reason he likes ice cream. he never has to worry about getting a brain freeze. >> sean: [laughing]. your daughter will be a better governor but not a better stand up comic. appreciate both of you being with us. up next shocking new report about zero experience hunter biden. are the bidens compromised my china and russia and a big announcement about this show straight ahead. - [narrator] modern life, different schedules, different meals, different times. how do you keep everyone happy? with five cooking options, the cuisinart griddler is the ultimate in versatility. it has a full griddle, a full grill, a half grill, half gridd

like a big chunk of our sort of masters of universe whether they're in silicon valley and so on, don't know the world outside of a relatively narrow elite american of kind of band and i think it's a failure of education and high school as well as college that they don't have that range of cultural and historical knowledge and grounding. but i don't think it would get better if you just did away with the four-year experience altogether. >> well, let's take some calls. ralph is our guest. the new york times columnist and karen is calling in from tampa. good morning to you or good afternoon to you. >> good afternoon. mr. douthat, my question is, i'm very -- i'm confused by the conservative christianity's concept of the minionism to take control of seven cultures. seven mountains, family, religion, media, entertainment, business, and government. how, why do they -- to me this conflicts -- is in conflict with the constitution on a very basic level, that is with the idea in article 6 that there should be no religious test for anybody, for any qualification of office and also, that there shou

valley, very competitive. if you're still around today you're probably very good what you do. i looked at thousands of companies. so taking that experience over to public market markets was key. we have a portfolio management style that reduces risk. that is very big in tech growth. if you have your losers, they're not performing well, you have to be able to cut them and move the money over to the winners. charles: sometimes that is easier said than done because these stocks can be extremely valuable. many times i had a who had, sizzling stock, taken a haircut, months later i'm crying why didn't i sell it? why didn't i take the old adage of selling your losers when they come back so quickly? that is tough one in this arena, isn't it? >> that definitely is. the cloud winner of the year is up about 300%. we held through 40% drawdown. it is highly specialized. more than a full-time job. it requires daily, hourly monitoring and then also just truly knowing your products and your strong management teams. a strong m

valley i believe in the american story and the genius of our founding and principles we become the first multiracial democracy in the world. i believe in an honest accounting. with the challenges of jim crow that i went every person to know america is an extraordinary place and every kid to feel proud is not a partisan issue that is factual. gerry: that is good to hear and i very much agree with you but i still wonder if maybe your colleagues especially the progressive caucus are completely on board. after the break as consumer and other prices are soaring the president is passing the buck on inflation but who is he blaming? (vo) singing, or speaking. reason, or fun. daring, or thoughtful. sensitive, or strong. progress isn't either or progress is everything. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match dat

on my seven-day forecast, you will see on thanksgiving, if you are doing the silicon valley turkey trot, cold to start, 48 at 8:00 a.m. in san francisco we're going to stay dry over the next seven days. highs in the 60s. morning lows in the 40s. not too much of a difference in the temps. >> the bonus piece of pie at midnight. >> all you can eat if that's your house. >> you're getting wild. we're getting crazy. >>> it's not just an issue for teenagers. the effect of tiktok on middle-aged adults. i did some early shopping this year. one for you, one for me. awww. i love it. i got us a little something, too. yeah? yep. one for you and one for me. i love it! oh! actually, that was.. i love it! i like red. current eligible gmc owners get over 25 hundred purchase allowance on 2021 gmc sierra light duty crew cab models when you finance through gm financial. we are professional grade. gmc ♪ i see trees of green ♪ when you finance through gm financial. ♪ red roses too ♪ ♪ i see them bloom for me and you ♪ >> all you can eat if that's ♪ so i think to myself ♪ ♪ oh what a wonderf

what about these monopolies in silicon valley? it's crickets. the doj under joe biden is what they accused the doj of donald trump of being, personal lawyers for the president. no, that's garland. >> dagen: greg? >> greg: it's interesting. we've had this crime wave a year. all the focus seems to be on a the noncriminal. in every every element, every story, they pick that side. underneath the undercurrent of everything is like a loathing of the average american, of being stupid, rittenhouse's mother. that's what they see americans as. just like -- they don't know those people. the worst part is about how they're embracing the practices of east germany. they're freelancing -- the government is not doing it. they're freelancing their motives to citizens so deputizing them as snitches. it has to stop. if it doesn't stop, the parents and the citizens will stop it. because you can't create a country of snitches. you know what happens? you get stitches. >> jessica: i hope texas is listening when people go to exercise their rights about abortion? >> jes

which is way that big tech power and power in silicon valley merge with estate power to become the fourth branch of government operating out of the west coast and that's true with or without a.i. it becomes smoke screen. >> i couldn't agree with you more thanks a lot for your time really appreciate it. >> all right thank you. dan: now it is time for our lightning round, woke story number one kamala harris can't seem to stop humiliating herself and country here she is in paris patronizing group scientists with terrible french accent. >> the government -- the campaign would be bland -- upper case c and the environment is expected to defend the plan. [laughter] dan: prompter says ad lib reaction. that's my reaction. [laughter] story number two -- we all know youtube is a total mess and joke we know censorship that's their thing. but how about this? youtube wants to remove the dislike button? do you think dislike button is anything to do with the fact that the white house gets slammed with dislike buttons and time they put a video up noy worries there. here's story number three you know coffe

golden gate silicon valley sending me these lovely flowers to cheer my desk. we love getting out in the community. follow me to find out more information about that organization. >>> when you stay in a vacation rental, did you know the host may be watching you even inside? >> if you think cameras are totally forbidden from vacation rentals, i'm afraid you're wrong. the host might be able to have cameras outside the house and in some parts of the inside. let's look at the ground rules. vrbo says you can have them outside but not inside. airbnb says we prohibit any cameras or recording devices that observe the interior of certain private spaces such as bedrooms and bathrooms. cameras not in certain private spaces might be allowed. airbnb says we require hosts to disclose all security cameras in their listing. say you find a camera that's not supposed to be there. what should you do? airbnb and vrbo said to contact them immediately. you can also contact a lawyer and law enforcement, especially if you think a camera was intentionally concealed to invade your priva

valley to recreational opportunities like the bayland. all the information is on your screen right now. the city is celebrating the moment with a ribbon cutting and actually it's happening in one hour from now. it will be held on the balan side of the bridge day. what's the weather looking like out there for those attending this event. it's going to be great in the 60's. will have lots of sunshine today and tomorrow. >> don't forget, though, to have those headlights on little bit sun sets earlier now with the time change, y ♪ ♪ ♪ ♪ ♪ ♪ with chase security features, guidance and convenience, banking feels good. chase. make more of what's yours. >> welcome back. it's 9.15 on this saturday and we're going to get another check of weather with meteorologist dave spahr who is giving us a closer look at. >> sunshine. dave. >> sarah is looking marvelous going on here for today. lots of we a little sprinkle going on overnight. how are you? nice to see and he should. the east bay shoreline is now being treated. all the sunshine to this

he's reporting now from san jose where the second harvest of silicon valley is saying they need more help. >> tracking and distribution kicked into high gear at second harvest silicon valley in and say we've been doing this for 20 bucks. didn't secure south be families rely on the food bank. year round. but there is no busier time than the holiday season volunteer in team lead in answer been more than 400 hours of this year. ever since covid the numbers have just gone through the the food bank is feeding about 450,000 people each month. that's an 80% increase. >> from before the pandemic. this year. we're providing 22% more for peace than he did last year. second harvest ceo leslie botches says the organizations budget has to keep up with them and it has added 15 more trucks opened a new warehouse and increased its staff 40%. at the same time, it has ended its traditional food collection. drives with barrels to be more efficient. >> but joe says second harvest has enough food but needs volunteers and monetary donations. and actually when people donate. >> money to us, we could stretc

bite dances looking for 300,000 square feet in silicon valley. facebook is also hoping to expand with an additional 700,000 square feet. officials say this would boost the economy. if signed, these deals would be among the biggest in the bay area since the start of the pandemic. yahoo! is pulling out of china. the sunnyvale-based company siding increasingly difficult business and legal environments. yahoo! will cut access on november 1, the same day china's sweeping personal information protection law went into effect. this limits the information companies can gather and how the information can be stored. an electric car startup backed by amazon is getting ready to go public next week. rivian automotive i i i market valuation of nearly $55 billion. they are developing delivery vans for amazon, which has a 20% stake in the market. its best-known products are an electric pickup that has beat tesla, gm, and ford with its debut on the market. let's take a live look at th lok new york stock exchange, trading is getting underway this morning. we are do

three rounds of silicon valley funding for her idea before she was 24 years old. under friendly questioning from her defense attorney, one of her against attorneys, kevin downey, she talked about the early days of theranos. how she dropped out of stanford at 19 years old after doing some research on microfluidics which became the basis for her invention. initially she thought of a pill people could swallow that would send out data in realtime over how somebody was doing healthwise then it turned into a patch. ultimately after dealing with pharmaceutical companies and talking and doing more research, the idea of this microblood testing device, which ultimately did not work again, by the time she was 24 years old, she had contracts with big pharmaceutical companies. pfizer, glaxosmithkline, bristol-myers squibb all of this now on display for the jury as they get a sense of the elizabeth holmes that dazzled wall street, dazzled investors and dazzled silicon valley a lot more to come next week, including potentially some pretty rough cross examination. >> scott cohn l

big data to help solve the problems faster and sense in the heart of silicon valley she realized there was a potential business and took the pandemic to show the world how big health tech could be. >> there was a lot of interest but not a lot of uptake and when covid hit suddenly the entire medical infrastructure on the research side needed a technology to execute clinical trials so within a week we got calls from all over the world saying could we use your telemedicine and use vital signs? everything shoifted from 5% of the industry to north of 60%, 70%. >> it is entrepreneurs like this that remind me how big the transformation is that's happening in data and cloud. industries not getting the full benefit of measurement and artificial intelligence. think about the clinical trial groups not relying on those close to a hospital. >> my understanding is there's a way to speed up sort of fda approval of drugs and maybe related to the clinical trials. >> she said that the process for getting a drug approved takes about 12 years and that's the enrollment and speed that up by a factor of thre

i'm joined now by elizabeth dwoskin, the silicon valley correspondent at the washington post. sorry, that disappeared off the prompter and i lost your name for a second. good to have you. can i ask you if it was somewhat excited because it seemed to catch the market by surprise with matt dorsey posted his resignation letter on twitter as twitter ceo. iie posted his resignation letter on twitter as twitter ceo.- posted his resignation letter on twitter as twitter ceo. he said that he had made _ twitter as twitter ceo. he said that he had made this _ twitter as twitter ceo. he said that he had made this decision - twitter as twitter ceo. he said that he had made this decision in - he had made this decision in consultation with the board but clearly it was a very closely kept secret because and very sudden because it was announced on a twitter day of rest, which is a date when the whole company is about to be all. so it seemed really unclear and call thousands of employees by surprise. and call thousands of employees by surrise. ~ .,, , and call thousands of employees by surrise.

>> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." building cutting edge chip fabrication plant in the longhorn state. travel bookings at a record. get a look at what to expect ahead of next year. and taking a look at supply chain issues ahead of the holidays and if supply will be able to meet demand. will catch up with the shutterfly ceo on holiday predictions. we will get to all of that in a moment, but let's get a look at the markets. the tech sector. kriti gupta is in the house. ♪ kriti: it takes a cue from oil, i will walk you through it. today's big news was the release coming out from the biden administration, 50 million barrels put on the market for oil and a way to combat the inflationary pressures you're seeing. to take away for the market is that it is a short-term solution. the oil price still higher at the moment, looking ahead to the demand after the sdr impact. that's where you start to see yields creeping a li

silicon valley is full of far left individuals. there is secret about that. i have no hope that twitter is going to change or all of a sudden from the light. this is a company where jack dorsey, paraphrasing her, he says it's time for twitter to get away from the founders. no, it's time for twitter to get away from censorship and compounding policies like letting the ayatollah overrun to eat trash about israel while president trump, the leader of the free world governments blocked. it could of affected votes. we don't know. i don't have hope of changing. silicon valley's full of left s. >> harris: i wonder how far away he was from that one decision that you and i talked about a lot with senator tim scott and that racial slur that was not curated by algorithm, but human beings that allowed the hashtag to cook along on twitter. dr. siegel. >> dr. siegel: you're not going to see anything change but i wouldn't hold your breath. parag agrawal is a technical officer and he's interested in keeping money flowing. they want 350 million users by the end of the year. th

kicked into high gear at second harvest silicon valley in sand and say we've been doing this for 20 bucks. and secure south be families rely on the food bank. year round. but there is no busier time than the holiday season volunteer in team lead in the answer been more than 400 hours of this year. ever since covid the numbers have just gone through the the food bank is feeding about 450,000 people each month that some 80% increase. >> from before the pandemic. this year. we're providing 22% more for peace than he did last year. second harvest leslie botches says the organizations budget has doubled during the pandemic to keep up with them and it has added 15 more trucks opened a new warehouse and increased its staff 40%. at the same time, it has ended its traditional food collection. drives with barrels to be more efficient. >> but joe says second harvest has enough food but needs volunteers and monetary donations. and actually when people donate. >> honey to us we could stretch much farther for every dollar donated concerts and update for 2 meals. >> say they believe in the work th

valley, robots don't get tired. they don't drink they are a steady hand it seems like in some ways they do a better job. >> i think today we see it as an evolution. we've always been part of trying to provide -- enable our frontline employees to be more efficient, drive greater productivity, starting off by providing a mobile computer or scanner. but today with a mobile robot, you can now offload a lot of the walking time that they have. if you look at somebody who works in the warehouse, they routinely would walk six to eight miles a day. and with robots, they can walk much less. so it takes away a lot of this. >> that's the kind of waste that's eliminated. that's great. >> this is much more efficient you still need a worker to do certain tasks. >> now, when we first started talking about health care, it was something you wanted to dig in. >> yep. >> but now you're a dominant force. how did that happen? >> we were very early getting into health care in our space. the catalyst for this was around the medical health

valley titans. how did founders tim brown and joey go from designing an all- sustainable shoe on joey 's mother-in-law's kitchen table to a nearly $3 billion market cap player in the footwear industry? you got to hear everyone talks to liz podcast, the stock ipo'd last week, download it, listen to your commute or free moment that you have it's a fascinating story on youred politico cast wherever you get them, spotify, apple, google, fox news podcast, dow is down 59 closing bell is ringing in 19 minute, don't go away, charlie breaks it next. [energetic music throughout] what's strong with me? i know when i'm ready for a rest day. ...so i can be ready for anything... tomorrow. find out what's strong with you with fitbit sense and daily readiness. today, your customers want it all. you have to deal with higher expectations and you have to lower wait times. with ibm, you can do both. your business can unify apps and data across your clouds. so you can address supply chain issues in real time, before the

silicon valley became a by word for cutting edge technology. so, the u.s. went from them release of the 1970s, when it looked like our best days were behind us. that we couldn't compete again. that we're going to fall behind. we had to keep temperatures down 55 during winter time. to a nation that was really on -- was driving the world. the amazing thing is after those tax cuts 50 nations around the world imitated those cuts. so, you had a global boom. relating to what laurie said, in the 1970s, especially in the demoralize after nap mat of the vietnam war and the hubris the late 60s -- and by the way, the book on the great society chronicles that time in the late 60s when we lost our way -- but in the 70s, we faced the aftermath of it. as laurie pointed out. in central america, it looked like other countries were going to go the soviet way. in africa, angela and mozambique. human mercenaries. they or falling and fell. europe itself, the soviets put in missiles, short-range missiles, to really displace nato. which enabled us to win the cold war. but the who

. >> we see an absolute growth in silicon valley and the growth of the technology industry. maria: you said the boxes are from afghanistan comes with consequences. >> why don't we just leave? we empower the taliban and there is a fundamental misunderstanding it is self-delusion on the part of the biden administration. >> are you saying prices are off is that a sellers market quick. >> it is. >> but it's also generic in some respects it could be the hardest market out there. maria: looking at where markets ended the we get was busy that record center hitting new record highs on the back of strong retail earnings and recovering labor market. there is still the big threat of rising inflation joining me to talk about that with managing partner in former raymond james vice chairman fred, it's great to see you this weekend. thank you for being here. >> needs to be here. thank you. maria: a lot of signals on the macro story some are better than expected retail sales numbers better than expected retail earnings with inflation so how are you investing right now and is that the story?

a partnership uniting arkansas and silicon valley. the world's largest retailer teaming up with a tech start up. you've probably never heard of. so that's the shooting with with the one today. >> and, you know, to my knowledge, we have the force of the only agree something like this. >> and they've been doing it since august running to fully autonomous walmart box trucks on a 7 mile loop for about 12 hours a day with no driver touting it as an industry-first driverless milestone. other companies working on similar technology. the kroger supermarket chain has been testing. autonomous delivery since 2018 albertsons is testing last-mile delivery in northern california using remote controlled karts. but this is leading edge. and if you're worried about safety, the company say they are to working and waiting a long time before taking this dramatic final step. >> for the first 2 we would leave a patient with us. it could have been on board, making sure the but the dog experience on this out. a new out into street before he could take the ti

in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in seattle. coming up, the meta-verse will be more than just fun and games. microsoft unveils its version of virtual worlds for business. my exclusive conversation with ceo satya

silicon valley became a bi-word for cutting edge technology. so the u.s. went from the malaise of the 1970s when it looked like our best days were behind us, that we couldn't compete again, that we're going to fall behind and we had to keep temperatures down at 55 during wintertime to a nation that was really and the amazing thing after those tax cuts 50 nations around the world imitated those cuts. and so you had a global boom. but related to what larry said in the 1970s especially in the demoralized aftermath of the vietnam war, after the hubris of the late '60s. and by the way the book on the great society chronicles that terrible time in the late '60s when we lost our way. but in the '70s we faced the aftermath of it. and as larry pointed out in central america nicaragua fell, and looked like other countries are going to go the soviet way in africa and angola and mozambique. and europe itself the soviets put in short range missiles to really destroy nato, which was an alliance that enabled us to win the cold war ulttimately. nobody remembers it today,

the founder once considered a rising star in silicon valley also alleging her former boyfriend and coo of her company abused her physically, emotionally, and verbally. these are allegations he has firmly denied. she shared with the court her personal notes and recounting exchanges. she said she had them with her ex, dictating what she could eat, dictating her schedule, and forcing her to have sex during their decade-long relationship. he supposedly told her -- -- --- she was asked by her lawyer whether her ex forced her to make statements to investors and journalists or whether he controlled her interactions with executives at walgreens, the largest client, holmes said no, he did not. she is accused of defrauding doctors, patients, and investors. if convicted, she faces decades in prison. she has pleaded not guilty. while these new allegations may have no bearing on whether elizabeth holmes actually committed fraud, they do make the prosecution's job all the more difficult. a more delicate dance as they ross examine her later today. rebecca jarvis, abc news, new york. reggie: there is

. >> from the heart of where innovation, money and collide, in silicon valley and beyond, this is bloomberg technology with emily chang. caroline: this is bloomberg technology. we will take a deep dive into president joe biden's pick for jerome powell and lyle brainard. will

. >>> former silicone valley billionaire elizabeth holmes testified at her fraud trial yesterday. she said she dropped out of stanford when she was 19 years old partly because she had been raped. holmes decided to focus on building her blood testing company theranos and started growing closer to her co-defendant balwaini who became her boyfriend and business partner. holmes' defense claims balwaini was abusive and manipulated holmes to defrauding theranos doctors, investors and patients. >> tributes on both sides of the atlantic for an american entertainer who became a global icon, war hero and civil rights activist. the empire state building glowing red, white and blue to honor josephine baker, who rose to fame in the roaring '20s and four decades after her death, she is the first black woman to be enshrined in france's pantheon of revered national figures. kelly cobiella has more. good morning. >> reporter: good morning to you, craig. campaigners have been fighting for eight years to get joseph -- josephine baker entered into the pantheon and it is finally happening today. a hug

valley funding from major players before she was 24 years old. now things get harder. she and her attorney have to make sure they don't open too many doors for cross-examine look at this one, for example, when she's questioned about a 2014 "fortune" afrticle >> were you aware this article was included in the binders and materials that they are athought sent to other investors? >> i don't know. >> did you ever ask for this article to be included in investor binder? >> not that i can remember i don't know >> there is a fascinating bit of clock management, there's only two days of court this week, so what will the jurors be left with po to ponder? confident holmes or elizabeth holmes on the defensive? we will see. guys >> so just to play this out, that's just, you think -- not the prosecution, rather, but the defense will try to keep her and hold on to her until wednesday, and then have the defense work this next monday is that the idea >> reporter: well, that's a possible it depends they have this sort of parallel battle here of the defense doesn't

look at silicon valley. it's extraordinary. but some of these jobs that we keep complaining about that we can't fill, when are we going to have more policymakers drawing a line between drops in immigration, legal immigration, and these jobs that we can't fill. >> you might want to run for office, joe scarborough. that's exactly it. we hear about so many people saying, listen, people aren't going back to work or they're finding different jobs that are higher-paying jobs. that's great. we want them to do that. the president passing the infrastructure bill creating new, higher-paying jobs. that's great. that doesn't mean these other jobs will not need to be filled, they are. addressing immigration can absolutely do that. the question is, when will someone do that? instead we wring our hands at the border. address it. there are jobs here. >> good warmup. your show starts in 12 minutes. stephanie ruhle at 9:00 a.m. much more with her interview of ceo of mattel. >>> coming up next -- movie theater attendance has yet to recover from t

elizabeth holmes returns to the stand in the silicon valley criminal fraud case against her former company, theranos. all that and more, on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ >> pediatric surgeon. volunteer. topiary artist. a raymond james financial advisor tailors advice to help you live your life. life, well-planned. >> for 25 years, consumer cellular's goal has been to provide wireless service that helps people communicate and connect. we offer a variety of no-contract plans, and our u.s.-based customer service team can help find one that fits you. to learn more, visit www.consumercellular.tv. >> johnson & johnson. >> bnsf railway. >> fidelity wealth management. >> the john s. and james l. knight foundation. fostering informed and engaged communities. more at kf.org. >> and with the ongoing support of these institutions: and individuals. >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: more and more countries ar

how might being here in silicon valley, how might silicon valley play a particular role in helping with this issue? do you see something here for tech to do? >> oh, absolutely. and certainly, silicon valley has been leading the world in so many ways, whether it's home-spun companies like tesla or many others that are designing new ways of being able to generate, to store energy that's so critical. and really, more than anything, for local cities and communities, to be willing to be the laboratories. to be the, for lack of a better term, guinea pigs for new technologies that have civic impact in reducing our -- our carbon footprint. that's the great opportunity i think for silicon valley's community to really show the rest of the world how it can be done. >> well, reuters is reporting that at the -- the g20 conference this past weekend, world leaders agreed that there should be a one and a half degree celsius limit going forward. they like that idea but they didn't come up with any concrete measures to make that happen. is that part of the problem that everybody wants to be seen as, yes,

his being disbarred to silicon valley child of the decade, elizabeth combs takes the stand in california, details of what she said on day two of her testimony, straight ahead, closing about 18 minutes away it's holding on from 232 points. s&p up 16. needs to see again of six and a half points to see a record. we are there. ♪ i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. ♪♪ it starts with a mother's determination to treat her baby's eczema. and grows into a family business that helps thousands more. it starts with an army vet's dream of studying the stars. and grows into a new career as an astrophysicist. it starts with an engineer's desire to start over. and grows into an award-winning restaurant that creates local jobs. they learned how on youtube. what will you learn?

so who is his replacement and how does silicon valley companies fare when a high-profile leader moves on? >>> and could it be the law to overturn? roe v. wade. >> the new abortion challenge facing the u.s. supreme court and why it's so consequential. >>> good monday, everyone. thanks for joining us. >> things are changing rapidly. the immediate impact is travel. foreign travelers from several countries in south african are now banned from entering the united states. president biden says it's not a matter of if the omicron variant is coming here, but when it will arrive. here is chris pallone. >> reporter: president biden sounding a cautious alarm over the latest covid-19 variant omicron. >> this variant is a cause for concern, not a cause for panic. >> reporter: the world health organization calls the global risk from the new mutation very high, but health experts say it will be a couple weeks before they know true transmissable it is. the best protection still, they say, is to get vaccinated. >> if you haven't already gotten vaccinated or if you have and you're eligible for a booster

or parts of california silicon valley where we are immune to that but you have to take it. rittenhouse working class kid grabs a beer with his mom big crime condemned on twitter for that believes in the idea of self-defense. and he i understand created the basic natural right of self-defense embedded deeply in the american idea by defending his communities against looters and arsonists. and so that's where i think all the hatred against him is coming from. >> sean: what frustrates me the very elites implementing these policies destroyed by the middle class and lower income class americans say that their policies are actually going to help them when they're actually hurting them. great analysis. we talked about this a little bit. but is the anger from the left really in regard to guns and are guns in america the great equalizer. >> i think that if you were a poor american last -- or less wealthy american last year during the summer of violence. what you learned is that the left wing could run rampage over your city and there was nothing the government would do to stop it. an

>> from the heart of where innovation, money and collide, in silicon valley and beyond, this is bloomberg technology with emily chang. caroline: this is bloomberg technology. we will take a deep dive into president joe biden's pick for jerome powell and lyle brainard. will this help avoid a contentious battle heading into an election year? let's take a quick look at the market reaction to the announcements. big tech took a hit we maybe see -- took a hit. we may see a more hawkish tone. many felt brainard would be a dovish voice. no news on what sort of -- who will head that part of the federal reserve. largely because we did not see yields push so much higher. that is we expect a rate hike as soon june 2022. gold futures fall down 2.4% as inflation could be tamed somewhat quicker to bitcoin at 56,000 off of its highs. not proving much of inflation hedge. it was down on the day. some of the key tech names under pressure. the two your yield -- the two your yield. the dollar index continuing to rally up for tens of a percent. emerging markets feel the brunt. i do want to welcome our bloomber

valley is accused of misleading investors and patients and business partners into believing that her blood testing device would revolutionize the healthcare industry in actuality. the device really didn't do anything that you promised last friday. she took the witness stand to try and dispute the prosecution's portrayal of her as a greedy fame obsessed fraudster holmes talked about her background at stanford and her decision to drop out and pursue her dreams of creating a start-up company. if convicted, she could face up to 20 years in prison. >> its 7.37 happening now, the jury will hear closing arguments today in the trial of 3 men who killed ahmad arbery. they chased after him in a pickup truck. and ended up shooting and killing him on friday a motion for a mistrial was filed because there were demonstrators outside the courtroom and the attorney representing one of men on trial said that he thought that that was and his client was getting a fair trial. but the judge rejected that and the trial goes on. and so we should wait to see what happens. the jury's going to get this case a

. ♪ >> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." building cutting edge chip fabrication plant in the longhorn state. travel bookings at a record.

valley and said we will build software programs for the u.s. government they said why would you build for the government in they are hard too work with, and data is useless. no one will believe the product war. something fully align with your clients is not smart you should turn your clients and the u.s. government said build your product in the way we want, powerpoint developed by someone who was not technical for something necessary in the '70s. we didn't do that we built a number of products now on the market and winning in the market to do that we've hired the best and most interesting eclectic people in the world. they work at palantier for lots of reasons we continue, we will continue to develop these products and continue to comp people and we are very, very focused on being fully aligned with our clients and actually aligned with people who own our stock. what does that mean in the real world? it means that we will continue to be very focus on delivering value. we will continue to comp people. i don't believe we are deluding people into

so, no matter what country you're in, silicon valley bros are exhausting. ( laughter ) meanwhile, the young have struck again, because "gen z has declared blond hair as 'cheugy.'" and a-listers such as gigi hadid, florence pugh, and hailey bieber have ditched their straw- colored 'dos and gone brunette. and they look pretty cool doing it. but, of course, true gen z style icons were brunette all along. ( cheers and applause ) catch my drip, fam! i'm a bop, t.b.h! laughter ) and does the carpet match the drapes? ( laughter ) nobody wants to know? i won't tell you. meanwhile-- they're hard-wood floors. meanwhile-- ( laughter and applause ) beloved-- ( applause ) what is wrong with you? you said you wanted to be in comedy! meanwhile, beloved cast member from "the office," b.j. novak, has a face. there it is. well, now that face is on products worldwide, and he's not sure why. people stealing celebrities' faces to sell stuff is very common. and this is true-- a few years ago, an iranian clothing company used my image to sell suits. i never should've done that stock photo gig in tehran. but

in some ways, we are all victims of silicon valley and mark zuckerberg and jack dorsey who are getting very, wealthy powerful off of human tendency. not just to be recognized to join a group and submerge your identity in that group and stoke the conflict between your group and the other group and to be applauded about every seven minutes. [laughter] one thing that i would love to see and kind of a rehabilitative america is journalism that does what i think journalism should deal. go out into the country and talk to people that are not part of the media. not part of the world that journalists live in. the pandemic, by the way, has been terrible in this way. it has intensified all of these tendencies. go talk to people you don't even think you would like, but certainly people that you do not know and try to see the world from their point of view. it is an amazing privilege. .... .... particularly multiracial society, local newspapers. a. >> and again, these are both really, really flawed and super racist at different times, so it's not like there's some panacea because they could be real