uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. today the news that the justice department is probing electric vehicles they join tinto looking into companies representations free orders as it went public shares of lordstown down 11% today. what's your take on this company? can it recover at this point >> you're asking me is it now in a death spiral >> yeah, in a polite way i was asking that. >> i guess i'm being less polite this is big trouble. i will say, there are circumstances where you do see them you see one group investigating, it's not surprising to see another regulatory agency step in they don't want to be seen as being offsides if for some reason everything turns out to be focused, maybe not but this is definitely a stay away in my view >> this is also the

with growing worker shortages and supply chain issues should investors be worried uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] >>> welcome back i'm rahel solomon and here is your cnbc news update. >>> after turning himself early this morning at the manhattan district attorney's office cfo allen weisselberg is appearing in court this hour along with trump organization lawyers shepard smith will be back with details as soon as they are made public covid cases are up 10% as the delta variant spreads in the u.s. cdc director walensky and the white house will send special teams to where the variant is having a significant impact. president biden says today's agreement to support a global minimum tax for large corporations is an important step toward more equity in the global economy >>> and this panda cub in china probably not thinking about global taxes our fascination has caught the attention for giant pandas in the northwestern section of the country. kelly, back to you >> thank you, rahel solomon. >>> a check on the markets here. the s&p in reco

uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] >>> and take a look, didi shares falling about 7% following that news china will be conducting a cyber security review of the ride hailing company the company will be barred from registering new users during this probe didi telling cnbc it will fully cooperate saying, quote, we plan to conduct a comprehensive examination of cyber security risks and continuously improve on our cyber security systems and technology capacities. this comes just two days after the company went public and follows a string of regulatory crackdowns against tech and crypto firms in china. kelly, so difficult to tell what a cyber security review really means, is it technical, political, is it business or something else >> and is it all just meant for the chinese leadership to say to didi we are in charge and we call the shots even after this big ipo. >>> sticking with cyber as u.s. businesses try to stay one step ahead of the hackers, cyber securi

. ♪ uno, dos, tres, cuatro! [sfx]: typing [music starts] to deliver our technology as-a-service. [sfx]: happy screaming [music ends] >>> welcome back just in time for those hamburgers on the barbecue beef prices are on the rise that could be good for alt meat companies. kate rogers is here with the details. kate >>> we all know prices are going up everywhere and beef, of course, is no exception. according to the bureau of labor statistics the average price for ground we've was $4.70 in may. up nearly 3.2% in december up nearly 10% from may of 2019 beef steaks even higher up 13% and 17% from may supply chain issues, labor woes and more have contributed to the ongoing price hikes. could this be a win for beyond and impossible they've, of course, been a bit pricier but with inflation hitting, parity is drawing closer through the end of may average unit prices were $6.20 while average unit for meat alternatives were $6.22. for seafood, $4.05 both impossible and beyond have been expanding their retail footprints and working to bring down pricing impossible in february cut its suggeste

and i'll be back in a moment with all of those stories and more uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. >>> welcome back there's so much to talk about. mike sannen toly is here ina freed. it's great to have you here. let's start with apple on the roku remote because there's also a netflix button the real question is how much is apple paying for the privilege and will it move the needle for apple tv >> i think they have to do this. they have to be the places where people want to watch tv. certainly can use their own devices as a way of attracting customers. but this was clear from the moment they announced apple tv plus when they first did it they made what had

uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] this is cynthia suarez, cfo of go-go foodco., an online food delivery service. business was steady, until... gogo-foodco. go check it out. whaatt?! overnight, users tripled. which meant hiring 20 new employees and buying 20 new laptops. so she used her american express business card, which gives her more membership rewards points on her business purchases. somebody ordered some laptops? cynthia suarez. cfo. mvp. get the card built for business. by american express. ok, at at&t everyone gets our best deals on all smartphones. let me break it down. you got your new customers — they get our best deals. you got your existing customers — they also get our best deals. everyone. gets. the deals. questions? got it. but, why did you use a permanent marker? because i want to make sure you remember. i am going to get a new whiteboard. it's not complicated. only at&t gives everyone our best deals on every smartphone. like the sa

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uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] [ "me and you" by barry louis polisar ] ♪ me and you just singing on the train ♪ ♪ me and you listening to the rain ♪ ♪ me and you we are the same ♪ ♪ me and you have all the fame we need ♪ ♪ indeed, you and me are we ♪ ♪ me and you singing in the park ♪ ♪ me and you, we're waiting for the dark ♪ >>> welcome back last hour we spoke exclusively with commerce secretary gina raimondo who gave a candid take on the employment picture. listen to what she said. >> the real issue, i think, is that a lot of the jobs that folks lost are the kinds of jobs, let's say, for example, in retail or services industries, that are -- might not be coming back, or might not be coming back in the same numbers so what that means is we have to lean into apprenticeships and job training and upscaling. >> danny meyer joins us for an exclusive interview, he's ceo of the hospitality group, welcome back to the show danny,

uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] >>> welcome back to "fast money. cnbc is out with its exclusive quarterly stock report today we polled market participants. we start off with what is your favorite inflation trade what is your favorite inflation trade? i feel like they should play "jeopardy" music what is your favorite inflation trade. mike, what would your favorite inflation trade be >> we weretalking about some o it, some of it already played out. the commodity names have done so well i like the oil services sector that's a place i have been playing and i would continue to. >> oil, 58% said it is their favorite inflation trade followed by consumer staples that's interesting 15%. bitcoin, actually. bitcoin. would you agree with that? >> the bitcoin is their favorite trade? >> no, would be yours? is it -- >> what is mine? >> is it an inflation trade? >> yeah, it probably is backs you if you get inflation that could be caused by the fed or the fed not rei

. ♪♪ ♪♪ ♪♪ uno, dos, tres, cuatro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] >>> here's your cnbc news update in a developing story this morning, the two pilots of a boeing 737 cargo plane have been rescued by the coast guard after they were forced to land the plane in the water near honolulu the faa says the pilots reported engine trouble and trying to get back to the airport. no one else was aboard. >>> the first hurricane of the atlantic season, the category one storm is bringing heavy rains and strong winds to barbados and heading to saint vincent and the grenadines and could hit florida by next tuesday. >>> the u.s. supreme court will hear an appeal in the case involving religious liberty and gay rights a washington state florist was fined after refusing, due to her christian beliefs, to make a flower arrangement for a same-sex wedding it had been upheld by a lower court and the ruling remains intact. >>> sha'carri richardson has received a one month suspension after testing positive for can

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