. >> in both directions, carl. some volatility despite that great move that we've seen for many parts of the market we could see the best month since november of last year. something to keep in mind. first of all if you want to look at the broader s&p 500, the sectors that did the best, the more value economically sensitive one likes energy up 11%. the best performing s&p 500 sector and consumer discretionary continues to show strength up 11%. meanwhile the worst performer secting communication services sector due in large part to some of the weakness in the social media type stocks only up one-third. now if you drill down in terms of the winners we saw so far this year. you check out some of the names that we typically talk about like semi conductors nvidia one of the best performing stocks on the s&p and nasdaq composite overall, as well on the solar side of things a hot part of the market over the course of the past month up 53% transportation stocks specifically the rail companies. union pacific is up about 23,

carl >> some fantastic coverage today, bertha. whether it's google health or clover, that's bertha coombs thanks if you missed part of the show don't forget to follow the podcast. listen any time, anywhere wherever you listen to podcasts and "tech check" is back in a moment flexibility, but we lose control. should we stay, should we go? ♪ ♪ ♪ darling you got to let me know, ♪ ♪ should i stay or should i go? ♪ we have tons of data at the edge, but we have to act on it in real time. ♪ if i go there will be trouble ♪ and we need business insights across all our data silos, but how? ♪ so come on and let me know, ♪ ♪ should i stay or should i go now? ♪ ♪ should i stay or should i ♪ wait, we can stay and go. hpe greenlake is the platform that brings the cloud to us. and it'll accelerate our... our digital transformation? absolutely. ♪ should i stay or should i go now? ♪ ♪ ♪ hey i'm joe montana. when you get to be our age, ♪ should i stay or should i go now? ♪ you have little patience for nonsense

so you want to carl strong said that they can at compete the ocoee. so you say that we need these things to stop, you know, extreme weather and warm yeah, oceans and so forth. but isn't a lot of climate change has locked in and therefore the chances of recovery for reflect this, it is next to impossible. well, we still have enough corals to lift to say the rapes, but we do. we would have to act very fast and we will have changes certainly i the time with the amount of hate that is there that we can't avoid. but we all hoping desperately that if we act dramatically enough soon enough to reduce our missions that will be able to have size carl's remaining carls recover and establish the res, seem to the future. selena appreciate that. thanks very much. indeed for giving us your expertise on this important story selina with, from strata. hey, welcome. kim. i still had her announcer as worries deep and about chinese real estate, john to have a grunge, 300000000 dollar debt. second, chinese home builder has hit financial trouble getting more aggressive, how

it's really interesting, carl. we keep hearing this idea that once we get back to normal and once we get back to 2019 and i'm starting to think that maybe 2019 wasn't normal maybe 2019 was perfect when you think about maybe fed policy back then. certainly we don't have all the supply chain and logistic issues and employment issues. when i think back to 2019 maybe coin the thought, carl, it was like spinal tap 11 it was perfect and so when we look at, we only own about 20 stocks. but when we hear all of the issues, particularly the permanent ones, the sticky ones like freight costs and the difficulty of finding good employees. i mean, we saw the ism number today and good headline. but if you look at some of the comments, just nothing but supply chain problems but interestingly enough, yeah, we'll get past this covid stuff hopefully very soon and some type of normalization. when you look at supply, the supply of labor, people willing to work maybe some jobs that they don't want to work any more i think, i think the n

carl. carl, after be late, you know, they tend to be weaker to say that can be completed by lp. and you say with the data in the port that there has been an increase in the amount of the presence and albion carl's lot, the same things i want lots of, like i said, a competing to spice all the time on living on an pandemic has been the west crisis, the airline industry has faced carriers have suffered huge losses as a result of travel restrictions. but now as more people resume flying, aviation bosses are using get industries annual meeting to focus on climate change and on way as the airlines to cut carbon emissions cable out as on airports now from boston. $137000000000.00. that's how much money airlines will lose to the end of next year. because of the pandemic, even as domestic air travel picks up in some parts of the world, airline losses this year, or expected to be a staggering 51000000000 before being trimmed to 11000000000 next year. all this, even after us carriers received $25000000000.00 bail out last year from us government. that new financial figures are according to

let's get to the half. ♪ ♪ >>> carl, thanks welcome to "the halftime report." i'm scott wapner front and center this hour, the continued rally in stocks. the s&p pacing for its best month in almost a year how long can the run last? we'll ask another group of all-star investors today the investment committee is with me as well let's first take a look at the markets and the major averages headed for a third straight week of gain, today losing across the board and the nasdaq the biggest loser now down by more than 1% we keep our eye on yields always the ten-year note yield touching 170 earlier and it's dipped down to 164, but we

"techcheck" starts now ♪ >>> good thursday morning, welcome to "techcheck" i'm carl quintanilla with jon fortt and deirdre bosa today a mixed picture for growth stocks megacaps are holding up the market as the nasdaq gets a new record high. are we seeing a valuation reset in tech? >>> we're going to dive into the chip sector. exclusive with intel's on the ambitious turn around plan and global foundries making much anticipated public debut ceo is going to join us in just a few minutes, dee. >> as you just said, carl, we're going to start with the megacaps holding up the rest of tech. mike santoli has a look at that rally. mike, what are you seeing today? >> yeah. dee today a little more inclusive than it has been the average stock has a lot of catchup to do to the very largest once today, apple, amazon, nvidia, tesla are responsible for vast majority of the gains in the nasdaq 100 this shows you the ndx concentrated in the top five names, 40% of the market weight is in five stocks. the equal version, equal weighted version of the same 100 stock index that has lagged badly as you can s

i'm carl quintanilla with jon fortt and julia boorstin the nasdaq is on pace for the best day since august, best day for the s&p since july then shopify teams up with microsoft and oracle to take on amazon and linkedin shuts down in china then later on, lebron james' business partner mav carter. a lot to get to with mav, jon. >> yeah. we'll start with the chip crunch and supply chain pain. it's not painful for everybody leading to strong results for taiwan semiconductor posting 14% increase in q3 profits and upping sales forecast, expecting growth of 24% this year. warning they do expect capacity to remain very tight through next year. the chips the company manufactures used in all things, iphone 13 and smart phones this week reports surfaced that apple may have cut iphone production but some component suppliers refuting those claims saying they need no cut backs in orders demand remains robust but apple is likely to sound more cautious giving the supply constraint they remain a buy rating with 20% upside to the stock, guys. and this, julia, is exactly what we were talking about couple day

. ♪ ♪ >>> good tuesday morning welcome to our big hour of "tech check" i'm carl quintanilla with jon fortt and julia boorstin today, the internet's third rail jason calacanis joins us with whether facebook is investable here >>> plus, what's the opportunity in tech, wearable airbnb and piper, ideas in the cloud, salesforce, tulio. julia. >> the stock down 16% since the start of the september, and one of the biggest laggards on the 500. and just out calling the stock quote the internet's third rail posing the question is facebook investable the analyst behind, mark, thanks for talking to us today. you have a buy rating on facebook despite the challenges, including challenges targeting regulatory overhang. why give a buy rating on the stock? >> yeah, there's certainly a lot going on with facebook right now. one of those emotional topics, kind of just like religion and politics you know, aside from the rhetoric around the name, there's obviously fundamental questions with the iefa coming in this quarter, regulatory overhang, engagement questions why i continue to like it, despite the no

. >>> happy friday and welcome to "techcheck" i'm john fortt and carl quintannila aand julia boorstin look at names like facebook, amazon and alphabet. bit coin the possibility of a bit coin etf and how to play the crypto comeback. >>> later a "techcheck" exclusive with ceo of roblox >>> john, we're coming up on earnings starting next week we'll get some big ones and skepticism from the street on technology rbc warns of a controversial q4. bullish on names like alphabet and amazon and unsure on stocks like snap and pinterest. predicting deceleration and citi blames that on inflation and meantime the strongest call comes out of evercore. they add facebook to technical underperform after a 13% drop in the last month big tech beats ahead or serious headwinds. interesting mix of dynamics that work in the evercore call on facebook, julia. they talk about advertising weakness potentially if some of these big advertisers have to deal with inflation in their core business and then they say the risk on the apple engagement issue is being underappreciated by the street. >> yes, i mean, i think

although carl pointed out these views _ view. although carl pointed out these views are _ view. although carl pointed out these views are not _ view. although carl pointed out these views are not lies. - view. although carl pointed out these views are not lies. after. these views are not lies. after all, who is wikipedia to override the opinions of many people in the most populous country of the world? well, now, a click investigation has found evidence that wikipedia articles about hong kong are also being changed to be more pro—china. and the situation has escalated to the point where wikipedia's governing body has suspended several pro— beijing editors for abusing the platform. so carl and danny have teamed up to ask whether wikipedia's open knowledge goals are really compatible with the world where different countries have different views on the truth.— countries have different views on the truth. tear gas which is bein: on the truth. tear gas which is being fired _ on the truth. tear gas which is being fired and _ on the truth. tear gas which is being fired and you _

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >> announcer: the opening bell is brought to you by -- >>> less than three minutes before we get started with trading here let's squeeze in a mad dash. these earnings did not get well received >> their outlook wasn't that good. >> mastercard is today. >> mastercard is 331 we need to focus on these companies. this is a company that was stronger on every single dr drivers. strong for travel, crypto will be a business, but it's largely investment mastercard, when you compare, say, affirm to mastercard, a little different >> a little different. >> they bought back a lot of stock, but now they have $4.8 billion under -- i would bike stock today. >> because the company will be in there. >> i've got to tell you, a.

i'm carl quinatnilla with john fortt and deidre bosa. all s&p sectors, though, are still in the red our first guest says to catch the dip while you can. facebook is under pressure again after that testimony from the whistleblower. we have mark zuckerberg's response to that this hour and then later first on cnbc, aaron levee makes his first appearance let's talk about the nibbling going on in tech and dominic chu has stuff on that. dom? >> there is some nibbling because we've seen some levels hit in the nasdaq become attractive for certain folks out there. one way to look at it from a big picture perspective what is going on with the nasdaq right now. off the session lows only down by of 25%. we are now down roughly 6% again, making a move now also about 3% below its 50-day average price on aal rolling basis. those tend to be levels in the past over the course of the year whenever those levels hit below average prices, we did see some dip buying so to speak that's on the sector level here. some of the places to watch specifically are some

i'm carl quintanilla earning break downs on alphabet, microsoft, twitter crypto crunch. why those shares are awfully close to an all-time low this morning. later on a new name to watch in chips and amds surge in sales. >> we'll start with results from alphabet and microsoft microsoft revenue grew by 22% in the quarter. fastest pace since 2018 with cloud the key driver of that growth that up 31% and the company's personal computing business grew 12%. the stock currently trading at all-time high levels $3.23 in change. strong results out of alphabet with revenue growth 41% year over year and all eyes on the potential impact of apple's privacy changes. the new features had only a, quote, modest impact on youtube. shares of both companies having a strong year. microsoft and alphabet outperforming the s&p since january by a wide margin carl, i heard you talking about this earlier with jim and david. the sheer scale of these numbers. i mean, when you put it in context, google search revenue was $11 billion more this year than last year at the same time. john, it just kind of b

okay carl, i'm going over to you. i'm not thanking anybody yet >> top of the hour and quick reset here as we start "techcheck" this morning i'm carl quintanilla with john fortt and julia boorstin technology gets a little bit better and little more intelligence, obviously more data to chew on and efficiencies grow and you have more human stories to tell and we're certainly going to want to hear from shatner himself and then the others but to hear about what this was like >> yeah, we are getting news that all four of the astronauts who are onboard that capsule that just relanded in the west texas desert, that they have given the thumbs up and all doing well after their almost 11-minute journey to the edge of space and to your point, carl, i mean, after the last flight which was a historic flight in and of itself the one that founder jeff bezos was on board for. when i spoke to bezos after that trip he did say, quote/unquote, a tiny step of what blue origin is going to do and what they're really trying to do is build reu

it's classic carl. he's still at it >> that is true fine print, the notion that he is still out there buying stock that adds another interesting dynamic to this whole thing. >> no question carl wants to tell people i haven't left i still have a little left on the fastball it's october and i think he wants to show people he's throwing heat. it is classic carl eicahn. we did a skit where we auctioned off a carl icahn maybe we can pull that out >> macy's is being urged to auction off jannik as a stand alone. we have heard this before. this is confirmation about what jana was interested in doing yet the stock moves higher once again. would you like to see this happen >> i like an activist dynamic, a 15 1/2 short interest and that could show you know what out of those folks. the stock is moving around but this is a company that will. their store footprint has been shrinking every year and accelerated by covid they are cash flow positive. they will have a billion in cash and two billion in unemcumbered real e

you're up to date now, carl. back to you. >> thank you >>> all eyes on names like facebook and tesla today but josh lipton has other movers of the nasdaq. >> let's get right to movers here check out nvidia it is on a roll up strongly today. hitting a new all-time high, in fact now up about 90% in 2021 it's not just nvidia, though amd and broadcom hitting new all time highs this morning as well. amd, ok, reporting results after the bell on the downside, look at logitech back to you all. >> thanks, josh. meanwhile look at facebook again it is falling after an initial earnings like snap the company is warning of head winds lowering its outlook reflecting, quote, the significant uncertainty from apple's new ad privacy changes. apple faces own scrutiny the information reporting that the company will indeed likely face an anti-trust lawsuit from the doj. while the financial times has been reporting that apple's in-house ad business has become a giant business overnight joining us now for more on this is former facebook

carl. carl, after be late, she has a tend to be a bit weaker to said that can be completed by lp. and you say with the data in the port that there has been an increase in the amount of our presence, an albion carl's lot the same things. i want lots of lots. so they competing to spice all the time. ah, this is out there. these are the top stories and nearly 330000 children were victims of sexual abuse at the hands of the french catholic church ever 70 years. that's the finding of an independent commission, which says the church showed cruel indifference to victims. you knew, sombre and useful. it seemed indispensable in our investigation to look at everything that can feed or justify abuses and sexual violence.

>> hi, carl. really good point. two answers for you, first, in jpmorgan pointed this out yesterday on their call, they're looking at their customers that traditionally will revolve on credit cards that means they'll have a balance at the end of every month and those customers have not been revolving as much as they've done in the past because of the stimulus payments those companies that have accounts at jpmorgan, jpmorgan is determined that those balances are running down pretty quickly so those customers will be coming in to resolve probably going into the christmas season. second, and most importantly, is the commercial loan growth as you know, any of us going to the local target, the walmart, the shelves are not completely stocked and therefore there's an inventory supply problem the inventory to sales ratio in this country is near record lows as the supply chain problems are correct over the next 12 months, everybody builds up their inventories, commercial loans will start to grow bank of america pointed out th

i kept saying, i know that name, carl dunn, carl dunn, carl dunn. i'm so proud of you, carl dunn. congratulations, brother. say hello to your family. >> yes, sir, i will. thanks, don. >> you be well. >> yes, sir. good night. >> thank you for watching, everyone. our coverage continues. you go. just spray, wipe and rinse. it cleans grease five times faster. dawn powerwash now available in free & clear. i would've called yesterday. but... i could've called yesterday. but... i should've called yesterday, but... would've, could've, should've. we hear that a lot. hi. i'm jonathan, an insurance professional and manager here at colonial penn life insurance company. sometimes, people put off calling about life insurance. before you know it, another year has passed. and when they do call, they say, "i wish i'd called sooner." call right now for free information on the $9.95 plan. are you between age 50 and 85? you can get whole life insurance with options starting at just $9.95 a month. do i have to answer health questions to get it? there are no health questions. you cannot be turned down

let's get to the judge >> all right, carl welcome to "the halftime report" this friday. i'm scott wapner front and center the rally in stocks are about to have a bigger move higher. we'll debate with the investment committee as always. jenny harrington, steve weiss, jason snipe and jon najarian co-founder of market rebellion.com. let's go to the wall s&p 500 is edging back towards a new high and only 2% away and the dow is up more than 1.2% away and 35,184 and the ten-year note and there's the yield on it, 157. jon najarian, i'm going to begin with you today i can make a checklist this week that looks pretty darn good, and i want to get your thought on it earnings, all of that earnings, we're off to a great start economic data looks pretty good to me. ppi, below expectations and retail sales above expectation and i mentioned the yield on the ten-year, it's behaving and more good covid news and you've got the international travel announcement today seasonality is starting to look a little bit better and there's a risk on feeling the market and you take a look at what bitc

i'm carl quintanilla with julia boorstin. and a must own stock we'll tell you why later this however. and also how to fix facebook our friend has some ideas coming up but we are going to start this morning with the rally and we're tech all of it, mike santoli has more hi, mike >> yeah, carl. big tech stock, driving higher in july and august had the worst decline, sort of got most oversold now participating fully. look at the nasdaq 100 -- well, here we have it since june 30th of this year you kind of have a flat line look at the big bounce we got into the high. it's adhering pretty well to the longer trend line. it bounced off the other day look at the nasdaq against the dow, trading off leadership over the course of this year. it's mostly been an elegant rotation it has turned much more messy recently if you look here, nasdaq 100 in white really had a tough time in the spring the dow is fine. we pointed this out a couple times, dow, a little bit of a global slowdown starting in august the big cap tech and the concerted decli

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪ i'm still wowed by what's next. even with higher stroke risk due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin,... i want that. eliquis. eliquis reduces stroke risk better than warfarin. and has less major bleeding than warfarin. eliquis has both. don't stop taking eliquis without talking to your doctor as this may increase your risk of stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking, you may bruise more easily... or take longer for bleeding to stop. get help right away for unexpected bleeding, or unusual bruising. it may increase your bleeding risk if you

>> yeah, carl, all these names and you're very familiar with them with your midday show that revolves around tech those names have hit a wall and they sort of caught fire again a nak like microsoft is up 40% year to date but still is a favorite in every one's portfolio. apple used to be every one's darling and now every one is worried about supply constraints. i think those are over blown i think apple will exceeds expectations going forward in next couple of months and that will be a great investment for people facebook is always -- go lead. >> go ahead, steve >> facebook and i'll wrap it there. facebook is always been able to defy the laws of gravity is it going to do that again, carl i don't know i think at this point there's too much come down the flood gates for facebook to yet again just shrug it off. >> mike, that's one thing we're beginning to pick up in a pretty good earnings season so far. that is the vulnerability kind of comes from technology whether or not it's the impact on yields, certainly regulatory pressure the changing business model which snap made clear today. do

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ before we talk about tax-smart investing, what's new? -well, audrey's expecting... -twins! grandparents! we want to put money aside for them, so...change in plans. alright, let's see what we can adjust. ♪♪ we'd be closer to the twins. change in plans. okay. mom, are you painting again? you could sell these. lemme guess, change in plans? at fidelity, a change in plans is always part of the plan. >>> and a rough week for the broader market rocket lab up about 11% for the week the space company awarded a contract with the u.s. space force for development of the medium-lift neutron market under development. peter, great to have you back on show >> glad to be back >> so,ia just got awarded this 23 -- $24.3 mi

i'm carl quintanilla with jon fortt and diedra bow is a who is back after the birth of her baby roman. dee, great to have you welcome back >> happy to be back. >> downgrade for disney. barclays turns bearish on long-term streaming outlook and netflix gets a boost the other way. >>> two hours away from apple unleashed. new macbook pro perhaps. all that means for apple's long-term investment. >>> exchange for crypto goes public as bitcoin hits 62k dee, welcome back. >> bitcoin has gown places while i've been gone our feed is going to start with streaming. and the streets you call it anxiety on disney. ar clas downgrades thestock today over long-term streaming concerns down nearly 3% slow in growth disney plus the chief catalyst saying it may be tough to keep pace with netflix, which by the way gets its own boost this morning ubs reiterating the buy. bumping the price target up to 720. julia is here to break that down as well. and julia, ubs really points to popular series, new hits as driving that sub growth and you know, netflix still basking the success of squid game and over the week

carl icahn good to have you here. i think you were with us on one of our first shows it is good to have you back to help mark our tenth year welcome. >> i think i was a number of your shows over those ten years and i'm glad you've been so successful >> i appreciate it very much it is good to have you i do want, you're still in the news, as always. i do want to talk about your latest activist play in just a moment i want to start though where i left off with my investment committee and that is talking about the market because when you were with us last on television, which was a year ago, in october of 2020, you were pretty bearish. i spoke to you again on the phone in january of this year and you told me you were quote, pretty well hedged now i'm wondering how the market looks to you today whether you're still as hedged or if you've covered some of the short positions you've had in the overall market >> well, you know, what i would say to you is that predicting the short-term market is almost, i've made it almost a ca

uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. >>> bitcoin below 60k as traders cut long positions at the highest rate in a month or so. joining us ceo, anthony denear good morning good to see you. >> good morning, carl. good to see you. >> why do you think the liquidation today? >> bitcoin and all digital currencies, they really flow by news flow. there's no real fundamentals there as we talk about all him the time so, when you start seeing fraud, and all the dog coin said, if you will when they start really rallying, it makes a bit of a frothy feel and you start seeing

it's somebody's opinion but it's not facts. >> you know, carl, to hear in that promo someone talking about january 6th could have been a false flag operation, i mean, that's -- you know, that's the stuff of -- you suggest be the stuff of the zaniest of people, the most, you know, crazed people online. the idea that now fox seems to be putting out a program under the tucker carlson banner, if they, are, in fact, alleging it as a false flag operation, that's pretty extraordinary. >> there's a whole bunch of extraordinary madness involved in this. not least of which is that they are fighting against the country's government. they are fighting against facts. they are fighting against their neighbors. it really doesn't make any sense. tucker's trailer is meant to incite. it's meant to make people angry. it's intended and it's just a trailer. so -- apparently this is going to be some sort of a streaming series, but -- it's already been decided, long time ago, people would say, you know, you can never walk into a movie theater and scream "fire" if there isn't one. and there's a simple reaso

lobby that will come and sadler minute carls. i carl, after be late, king of 8 tend to be a bit weaker to said that can be app competed by lp. and you'll say with the they started in the report that there has been an increase in the amount of he present an arguing corals. what the same things they want, lots of light. so they're competing to space all the time. russia has launch an actress and film director and the space in hopes of making the world's 1st movie in orbit. the door are being accompanied by a russian cosmonaut guide and are headed towards international space station. at wild a mission will see the team shoot scenes for the future length film, which is about a dr. traveling to the space station to save the life of a cost not ah her again, i'm fully valuable with the headlines on al jazeera facebook whistleblower francis hogan has told us senate can.

>> thank you. >> appreciate it. >> let me send it back to carl and jim. >> it's true, jim. we've been here since june. >> we're here. we're here my stepdaughter works for ey and they're on the road all the time what can i say car mine is a good friend and a great interview. >> thanks, david great stuff to start a few days and we appreciate it dow climbing off the initial lows, down 140, stoprang tdi with jim is up after a break. what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translating decades of experience into strategies for the road ahead. we are morgan stanley. what the world needs now... is people. people who see things... just a little bit differently. who go out of their way to find a new perspective and a new way forward. because seeing a smarter, healthier, cleaner world isn't something th

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >>> welcome back to "squawk on the street." and i'm joined by scott gottlieb a man we don't hear from very often. just kidding in fact, board member of pfizer and offer of uncontrolled spread and former fda commissioner. nice to have you in person let start there. they may be able to see people behind you we're actually getting together at a conference in midtown people seem comfortable. why aren't they comfortable yet going to the office? >> they check vaccine status here, they're comcomefortable with people in the masks the fda is going to meet october 21st to discuss ages 5 to 11 vaccine and i think having an orally available drug to help keep them from getting more progressive symptoms, i think those are

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> welcome back to "squack on the street." we're live from the milken institute global conference. good to see you. >> nice to see you >> you know, a great amount of talk at the conference about esg, sustainability. comes up all the time. many of the ceos and other participants talking about it in unest. what has it meant in terms of capital formation and flows a opportunity, i guess >> it's a big subject, thanks. and i'm doing a panel on esg in a

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ i'll shoot you an estimate as soon as i get back to the office. hey, i can help you do that right now. high thryv! thryv? yep. i'm the all-in-one management software built for small business. high thryv! ow. get a free demo at thryv.com. there's a different way to treat hiv. it's once-monthly injectable cabenuva. cabenuva is the only once-a-month, complete hiv treatment for adults who are undetectable. cabenuva helps keep me undetectable. it's two injections, given by a healthcare provider once a month. hiv pills aren't on my mind. i love being able to pick up and go. don't receive cabenuva if you're allergic to its ingredients or taking certain medicines, which may interact with cabenuva. serious side effec

i think about the last time carl and i think about this time. things are a little bit different, right? this time you've got a government and administration running around the spending money like drunken sailors with a credit card. mcconnell has dug his heels in and said we are not doing it. at the west wing is counting on him it feels like they're in a lot of trouble. >> first i'm going to pass over the effect you insulted it drunken sailors by comparing the democrats to them that is an insult to the drunken soldiers. let's think about this in order to get the debt ceiling there's three ways to get it there's ten republicans vote to proceed with the issue which is what mcconnell delivered last time. betty made it clear i'm doing this one time and one time only. for a short period of time you've got to get your act together. suck it unanimous to concede was a number of republicans they were never going to give consent one member is going to say no unanimous consent to receive they can use a bucket and check at that majority in the house and 58 d

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >>> we continue to keep stock of the energy market. oil closes above 80 yesterday for the first time since 2014. again, yesterday, jim, j.p. morgan came out, said if you adjust for inflation and the intensity with which we use energy, relative to gdp, that the market can sustain itself with oil anywhere between 130 and 150. >> i agree with that think about how much milk cost and how much gasoline it costs and how much harder it has to get gasoline to the store than it is to get cow to the store. farm to table. cow to the store the thing has not kept up pace with inflation i'm not freaked out by oil last wednesday was the top of natural gas. when putin said, hey, listen, maybe we ought to have more, he was st

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hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ this flag isn't backwards it's facing this way because it's moving forward just like the men and women who wear it on their uniforms and the country it represents. they're all only meant to move one direction which is why we fly it this way on the flanks of the all-new grand wagoneer. moving boldly and unstoppably forward. it's another day. on the flanks of the all-new grand wagoneer. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore platform so you can control your network from anywhere, anyt

you remember what carl millerfound when we sent him to taiwan? yes — articles about taiwan's independence were being edited to swing more in line with china's view. although carl did point out that these views are not lies — after all, who is wikipedia to override the opinions of many people in the most populous country in the world? well, now, a click investigation has found evidence that wikipedia articles about hong kong are also being changed to be more pro—china, and the situation has escalated to the point where wikipedia's governing body has suspended several pro—beijing editors for abusing the platform. so carl and danny have teamed up to ask whether wikipedia's open knowledge goals are really compatible with a world where different countries have different views on the truth. stephen mcdonell: tear gas, which is being fired. _ you can see from above behind them, the riot police have these two water cannon trucks. in hong kong, beijing has been clamping down on descent since the start of the protests in 2019. the clashes between t

joining us for all of that, cnn investigative reporter, carl bernstein, also cnn legal analyst, cary cordero. the lawsuit by the former president, frankly the lies that the former president continues to spread about the election and -- and the insurrection, what do you make at this lawsuit? >> that it's part of a massive coverup to keep us from knowing what a criminal president of the united states tried to do to subvert the american electoral system. we have not had such an act by an incumbent president of the united states in our history. we have never had a political party, such as today's republican party, that has supported this kind of president in this coverup. and this is really a conspiracy between donald trump and his presidency and today's republican party to keep us from knowing what the insurrection of january 6th was all about. how the republicans and donald trump tried to subvert the election, and continue to try to subvert the electoral process. you have to go back to 1860 to '65, to the civil war, in which a political party -- a major political party -- has engaged i

i'm carl quintanilla with morgan brennan and david faber live at post nine. the debt limit and energy prices seem to be moved off of the market's plate for now dow up almost 500 points and 4420 is the best level for the s&p in more than a week. >> we are 30 minutes into the trading session so here are three of the big movers that we are watching specifically this morning. we're going to start with levi, shares rising after beating earnings estimates with denim styles driving that growth the company raising its outlook and the shares are up 7.5% we're going to stay with the retail news as well and watching shares of affirm following yesterday's 20% jump after announcing a partnership with target, up more than 100% over the last three months. we'll end with rocket lab surging after winning another government contract, this from nasa to launch an experimental technology to space for a demonstration, the advanced composite solar sales system, think using the pressure of sunlight for propulsion on

and so, it -- it really will be on the courts to dismiss this case based on lack of merit. >> carl, i mean, do you -- do you see this stall tactic by the former president as being successful? midterms are, you know, just more than a year away. >> it certainly could be successful if the republicans win the house of representatives, and decide to shut down this investigation. but again, if you look at the abuse of power that goes back to the watergate example and nixon and the senate watergate committee investigation. there was no privilege that extended to the president's attempts to act illegally. there is no such privilege to cover up illegal acts. and so, we need to find out the substance of what, indeed, this president was saying and doing. and that's what the congress of the united states legitimately exercising its function is trying to do here. and what we have is one of the two political parties trying to shut down an investigation into the most grievous, offensive, undermining of our democracy in that insurrection. encouraged and ignited by the president of the united states a

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hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >>> bitcoin a little lower this morning. coming off the record week for inflows. as sec chair speak at a conference yesterday stresses the importance of invester protection for more, let's bring in the venture partner cofounder. good to see you again. >> good to be back >> you're making the point that we're seeing things like asset inflation and not so much random twe tweets from an elon musk, for example. >> that's right. the latest rally touching new all-time highs in bitcoin and etherium and many other crypto assetsute there. it's all based on real market forces and dynamics this time around it's not the same kind of spec speculative hype and apparently elon musk is tweeting something this week. personall