robin hood does not believe any social security or bank account numbers were released. >>> a down day on wall street as the dow jones falling 112 point and the nasdaq dropping 95 the s&p lost 16. >>> let's get a check of the forecast. we got a decent amount of rain, how much more is on the way? >> not much over the next several days but we have seen so much in the rainy season that this is a fantastic start since october 1st. a couple of leftover showers is all we have left with some drizzle. we have high pressure building towards us over the next few days which means calmer weather. we will have gradually warmer weather. we are not talking a heat wave but temperatures a little bit above-average later this week. the last of the showers, nothing in terms of intense rainfall but just enough to be annoying for the evening commute. even these few lingering showers and patches of drizzle will be fewer and far between through the next several hours. we anticipate that a couple of radar freckles here and there, the cloud cover will be tough to shake and we will have locally dense fog develop

are they feeling thepressure a there's more competition, you've got square, robin hood moving into the space big one to watch then the other big one is the revenue mix. so institutional versus retail trading. is it more retail traders, is it more big wigs and hedge funds? the funny thing about that, it used to be more about institutions, people got excited when they saw more institutional interest analysts i have been talking to lately say it is actually not great. they have a lot more pricing power when it comes to the retail trader. they don't pay as much, those institutions don't tend to pay as much to trade, and then trading revenue in general, how much comes from transaction-based revenue. so in q2 it was 95%. really that is their bread and butter for coinbase. they make the majority of their money on trading revenue if there's any sort of diversification, if they have any other line items that add significantly to revenue, that could be huge. the other thing, you mentioned it in a tease, it is a long-term vision but it is why wall street has been bullish on coinbase, the bull cas

. >>> have you heard of robin hood? a data breach may have compromised information of 7 million customers. 5 million e-mail addresses and 2 million full names were exposed in the hack. no social security, debit card or credit card information was taken. last year, 2,000 accounts were hacked and customers' money was stolen. the breach has been contained and it's in the process of contacting everyone involved. robin hood is based in men hoe park. >>> a female hockey goalie was recently heckled and sexually harassed at a high school game. she returned to the ice with an outpouring of support. friends, fans and olympians filled the stands in pittsburg, pennsylvania filled the stands. last week she was heckled, bringing her to tears. last night was a different story. among those cheering for her was a former team usa goalie. >> there's a thousand people in this building. she's handling it well. >> the girl was invited to a penguins game. >>> a covid outbreak i of the cal football game their weekend. we have details of the de

. >>> robin hood announced that customer data was breached in a security breach last week. a customer support employee was tricked into giving access to the system. according to robin hood, the hacker access add list of about five million e-mail address, as well as the full names of two million customers, but the company said the hacker did not obtain any social security numbers or payments music information. >>> a small tech company says that facebook stole its name. chicago based meta company said it turned down an offer by facebook to buy its name earlier this year. meantime, an arizona company called meta pcs is having fun with their rebranding saying it's changing its name to facebook. >>> i'm riding along today with the new bicycle patrol for the coyote creek trail. a new section that was just opened to the public. why a police presence is wanted for this area. >>> plus the problem at a busy airport that delayed hundreds of flights. >>> and later an ivf mixup leaves two famili ♪ i see trees of green ♪ ♪ red roses too ♪ ♪ i see them bloom for me and you ♪ (

robin hood says the hackers demanded an extortion payment after it was contained and law enforcement is now investigating. thermal drying up today. you know this that we're going to get warmer to as we head into this five day forecast will show you that after the break. let's go to ktvu is alex savage. now with a look at some of the stories we are working on for the seven o'clock news over on ktvu. plus julie. thank you coming up new tonight. i spoke one on one with bay area congresswoman zone lofgren about how the recently passed infrastructure bill. will benefit the bay area, and she also explains a new effort that she is a part of that's trying to enhance wildfire preparedness, especially here in california will have more on that coming up. plus nasa is eyeing a return to the moon. how soon we could see it happened and why they say their initial target date to return is now delayed those stories and much more coming up tonight. live at seven over on ktvu. plus all right, we'll see you then. alex. thank you, but first after the break here, and iconic bay area skate rink is closing

this was a bad quarter it all comes down to the take race we are long robin hood for well. they are giving it away for free and coinbase is charging a lot pressure on crypto is coming in at a faster pace i think that to me is the biggest case out there everything else, the higher mtu, they have no control over that i think the i hadiosyncratic stf is more interesting. >> what if there is a land grab in new markets, is well positioned for that? >> it's a greatpoint, melissa. if i think about subscription services where i think it is the big hope where subscription services will become the majority you are seeing incremental he have knew was less than incremental revenue in q two versus q 1 the overall users are getting more users services has become smaller. i think there is a lot of dreams to dream, but the reality is much mharsher. >> is there a facebook component to this that the market isn't taking into consideration as well >> in terms of what? what do you mean by that >> some relationship potentially with face book or meta, whatever they are calling the company these d

he is known for early investments and names you might recognize -- tesla, and tim: robin hood. tim:-- tim: it is great to be here, thank you. amanda: obviously you are a believer in crypto. you have made a broad portfolio of that's. what is -- of bets. what is the underpinning of that? is it this notion that fiat currencies will lose their place of dominance? what drives your eat those on crypto -- ethos on crypto? tim: i say bitcoin represents trust and freedom in a world that is starting to get less of both in the fiat world. fiat is less trusted because governments are just printing them willy-nilly to just build their own coffers. this is a great hedge against the inflation you were just talking about happening worldwide. for investors, i think holding onto bitcoin is probably a good place to be. there are only 21 million bitcoin out there, and they represent the freedom that allows us to use them anywhere. and the trust in that you are trusting in the software rather than trying to trust some bank or government entity. taylor: we see your bitcoin ties. we know where you st

with more financial literacy, like robin hood going forward, and consumers getting educated in a transparent way, it's still early days. taylor: we are coming off the last conversation with a supply chain expert and an owner of some of the portfolio brands of some of the clothing lines. they said the consumers may not be shopping is often, but when they do, they are going all out, spending more. do you see that when we shop? we are spending more, but maybe doing it less frequently. >> we definitely see that. a lot of that is driven through buy now, pay later as well. retailers have to prove the average basket size is higher. we see it's about 15% higher when they use a bnpl payment. the big area of focus is experiential. last year's data was about home furnishing, furniture, platforms like that did well. when we looked at this year, it was all about travel and beauty. sephora just did their 20% off sale, and we compared last year's data to this year's, and it's even better. consumers are getting ready to go out again. they are looking travel. they want to look good. now they are able to spli

they're kind of like the robin hood of food waste... except without the stealing part. we're headed to a community centre where these leftovers will be turned into nutritious meals for kids living in this low-income area. and believe me, not a single slice of bread goes to waste. you're taking the photos... - yes. ... and we're writing down the weight, but why do you go to such lengths to record? o.k. i mean, yeah. those numbers make a good point. o.k. - now, should you have doubts about the success of the operation, know this: in 2018, plato lleno saved - let's call it repurposed - more than 200 tons of food from catered events, office caferias, convention centres, and wholesalers across the city. they've already done it in five other cities in latin america. just wait until this really takes off! all you need are proactive citizens, and a way to transport food. you're working short-term, maybe a little bit long-term, but what is the ultimate goal? how are you going to scale it up? how are you going to push it even more? yeah. that would be horrible. - like most cities

robin hood out with ivpracy ti d ana new tckehup that's out of this rlwod. >> wall street s wahigh erto art the week. on monday the dow gained 104 points e thnasdaq added ten. >>co> nstruction lareted companielps heed pushst oc ks higherau becse of the esprident's expe sctedigngni of the one iltrlion lldoar infrastruc btureilinl to law. ngcoress passed the asmeure on the bipart isanvo tetela fridayo te. >>> robiodn ho ffsuered a data breach last ekwe. eyth said hacknser obtain ede- ils of ouabt fiilve mli on users moand reth an 300 had mo foinrmation expolised ke na bmes,irdathtes and zip cos.de robiodn ho believes no cisoal risecutyr obank account mbers were releas. ed they recommend users leenab o tw factor auenthtication. >>> a ketchup that's out of this world. hines teamed up with a space initstute to create a kehutcp growinn mars keli conditions. th atvoinlv essoil that mimics martn n'be r t willa tae st live on ney h rtfo money wacotch.m. >> he emseedto hesi tatedog in thatta ste test. >>> let's get you caught up on weather and trafc.fi >> good morning. we are ilstl trkiacng the s

hood starring errol flynn, and i was enamoured of swashbucklers." and i said, "why not put a fencing foil in sulu's hand?" and he said, "yeah, this is science fiction. why not?" and that was one of my most successful episodes. i remember that episode. i mean, you were a very prominent character, and so was lieutenant uhura, the black woman played by michelle nichols, who also had a key role on the starship, also did something which many viewers around the world and listeners will remember, that is, shared a kiss with william shatner, captain kirk. now that, again, broke barriers. indeed, it did. and ijust wonder for you as a cast, all of you as a team, were you aware that that you were actually doing something that culturally was something of an earthquake in the united states of america in the late 1960s? we were very profoundly aware of it. gene roddenberry told us that he is using metaphors placed in the 23rd century to deal with the issues of our times, which was the civil rights movement, african—americans demonstrating for equality, or the v

we'll tell you when you should head to bed, also a major data breach for trading app robin hood, how many users app robin hood, how many users emails were leaked by a ha alright, here we go, miller in motion. wha — wait, wait, is that a... baby on the field?? it looks like it, craig. and the defensive linemen are playing peek-a-boo. i've never seen anything like that before. harris now appears to be burping the baby. that's a great moment right there. the ref going to the rule book here. what, wait a minute! harris is off to the races! we don't need any more trick plays. touchdown!! but we could all use more ways to save. are you kidding me?? it's going to be a long bus ride home for the defense. switch to geico for more ways to save. ♪ i see trees of green ♪ it's going to be a long bus ride♪ red roses too ♪ense. ♪ i see them bloom for me and you ♪ (music) ♪ so i think to myself ♪ ♪ oh what a wonderful world ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ unit was broken into, and items of deep sentimental value were stolen. it was on wednesday that jared farmer discovere

—— robin hood. reports of bad service from coin base as well which is really affected them. , , , ., well which is really affected them. , , .,~ well which is really affected them. , ., them. just give us your take on this whole _ them. just give us your take on this whole issue _ them. just give us your take on this whole issue of _ them. just give us your take on this whole issue of trading - this whole issue of trading cryptocurrencies because it is just in the news every day and people get this impression that it is a way to make a quick buck but from your perspective how risky is that if you are trading something like it coin? it is very risky and people need to understand it it is. people trade for many reasons. one, they see value, they see it is the future. two, people see it as a hedge against inflation. you have inflation inflation. you have inflation in many countries around the world and people see they are not getting a return on the banks so they are concerned about that. and then as y

. >> i think when you look to the retail base trading through robin hood, they do like those call options we saw rivian trade yesterday and go to the moon right away. that has had an interesting technical impact on our market typically, our market has more expensiveness on the did you know side to the upside. it has given you an example of a time that could sell expensive options. that's making a lot of things like collars as a hedging tool >> i'm not a big gambler >> i'm a poker player. >> i don't get it at all i have been to a casino. i watch the roulet and when i see like 10 reds in a row, i think i'm going to put a chip on black. it has to change >> does it impact people's decisions to buy options and shorts >> i love that analogy the reality is when you look at red and black, there is a 50/50 chance if you saw it 10 times in a row, it does have a psychological impact people saying maybe i need to put a new chip on the corner >> interesting strategy. i'm never going to play texas hold em against you. >> thadot es it here on "worldwide exchange. "squawk box" coming up next. #1 for diab

anyways, $285000000000.00 of a reverse robin hood. so what this is, lee? do you know what will happen if we don't give these stated auctions? millionaires in high tech states are going to flee to the low tech states soon. south dakota will have people there and there is a refugee crisis that's flooding the florida real estate market with contractors from hoboken. nothing unusual there. yeah, well florida is a colony of new jersey. i know that. but listen to democratic congressman from the garden state. josh got hymer. he's alarmed if we want to help and states like mind take care of good schools and good roads in great programs and things to help hard press families. we need to have people not leave our state and they're leaving our state right now because the taxes, because assault, we got to reinstate salt. i've made it pretty clear i'll get you one of these know saw no dice. we've got a place where we reinstated, you make way too much sense. you need a new party. jesus said, give all your money to the poor and you'll go to heaven. but god, hymer is on t

hood apps and, and trade microshare, right. you could buy a dollars worth of apple stock for example, because the numbers too big, but you can buy $1.00 and pop up their whole system. well here. what, how these agencies kind of, um, get consensus for their continued rule is the law of big numbers is like $6000000000.00 as you know is and we could solve world food hunger and am at the same time, part of the reason why we have food hunger is because of so much money printing driving up the cost of the, you know, food prices. so food prices are going up because of all the money printing, just like they did after the 20082000 life financial crisis. food prices went up because of all the money printing and their system that they commanded control the economic collapse, the boom and bust cycle that they keep on pumping and pumping and pumping. now we have a similar thing, thing of a, a collapse and supply because of the same system. these guys say that they are command and control it. right? there's the, the old rule in magic perform

it's kind of the same process that you have with companies like robin hood right when they're trying to decide which currencies will they carry on their platform. well, mastercard has the same issue. so what they're saying is, rather than even worrying about that, let's just plan for the inevitable because it is inevitable. the, the cdc, the central bank backed federal reserve backed digital dollar. and that's, i'm going to put all of our money behind. but what's really interesting about that to me is that mastercard is preparing the what a mean mastercard is helping to actually drive forward the creation of that cdc, even though the federal reserve says we'll see if it ever happens, it will definitely happen. boom bus been swan. thank you so much for clarity on that story. you got it. and after the united states pentagon abandon plans where it's 10 year 10000000000 dollar jet cloud computing contract earlier this year, google is reportedly preparing a bid for its replacement. the head of google parent company, alphabet, cloud division met with pentagon officials earlier this week to

the incentives created by ad revenue by facebook are similar to robin hood when they earn not just a spread fee. i'm hoping you could confirm those issues, the conflict between looking out for investors' best interests and the ways that those companies earn money, that that will be a subject of your investigation. if you can confirm that, then i can go on to the next. if not, i would love to hear why not. >> i think it's central. it's the issue of our day that digital analytics are being used to not only optimize for our return but may be used to optimize for the company, the platform's revenues. if they're being done that way, then that creates a conflict. it might create a more fun environment for us, but that's okay. it's creating more revenue. what is that conflict there? how do we protect investors? >> i'm delighted to hear that. we can follow-up offline. i want to shift the climate. some seem to think the question is whether disclosure might increase the compliance cost for small mom and pop businesses. i would suggest that's not in the top 100 issues that are caused by climate

. >> they do, look at robin hood traders and read it platform and forcing a lot of hedge funds to cause the stock to go up because of massive short squeeze so if they are in bed with china, it's a bad look if they are in bed with the chinese communist party so hopefully they don't have anything to do with that i'm not quite sure but headwind for the materials as well. charles: we don't have time to get into it but i will mention a loser for charlie munger, he designed a dormitory in every prison maker in the world gave him a phone call. see you again soon. >> thank you. charles: job creation, an interesting scenario for this market. right now, one of the strongest on record but can it get stronger? how can you make a buck or two? we'll be right back. ♪♪ ♪♪ charles: so the reopening stocks are absolutely soaring, and they're really not alone. 10 of the 11 sectors are powering higher. the question really is, several of them, do you buy more, do you take profits, do you shift your portfolio around looking for new ideas, or do you wait for a pullback and never got in? rob luna and r

the stock adtring app robin hood was the victim ofa cyr be ckatta. it hapd penelast wednes day. hackerns got e-mail addre sses belog ngintoiv fe million customers. hurendds of names, hdbirtays and zip cos dewere loss ex pod.se it's didnoting to inigvestate thindecint. >>> shar esof blroox are ckroeting ghhier after tug rnin in s itarquter by porert urcot. kids on the platform acstked up rockbus helping the revee nu soaro tmoreth an $509million. me etcity d anadt opme are popular. >> eyth are far ahead anth i was at that age. thyoank u so much. llwi see you tomorrow mog.rnin ahye. you got it. thk anyou. >>the timeis w no6:. 43 let's a get ecchk of weather and trc.affi >> wewi ll start with ryma lee. cwean see thatin ra is still on the rada r. it's still congmi down. we a loinokg t to our day. windy condit. ions high definitdoion ppr leshow th atfor u.yo that light rain lighting up e th rascdar re. en the hestavie rain now to the east. wead that widesprehead avy ra atth pushed in last night. stl illookg inat atth acvitity. still lighting up the darar sc. reen showing you especiall

it is now being offered for sale so if you have a robin hood account, your name be in that database we talked to robinhood they don't have any comment at this point beyond what they said earlier in the month >> i'm not sure if you can answer this, eamon it strikes me that $100,000 is not a lot of money for 7 million lines of data from a database. maybe it's the kind of data that needs to be used in conjunction with other data to extricate anything important >> yeah, i think that price tells you two things hackers operate according to supply and demand and there's been so match data stolen and this is a commodity. this is adding to the large mile of stuff and might tell you what's in the data itself. email addresses and names in there. if there were credit card numbers, social security numbers, even more details, maybe you would see a higher price point. somebody can buy the names and email addresses of potentially millions of customers. that's of value but, you're right, it's not a lot. >> i like that explanation of data like a commodity like dram. there's a glut, and prices go down ti

hood said it was hit by a data breach that exposed information on millions of customers. hackers demanded a ransom payment but it says no social security numbers, bank account numbers, or debit card numbers were exposed. doordash is betting people want authentic barbecue from texas or new york city pastrami sandwiches as much as a neighborhood meal. they announced nationwide delivery of food, fresh produce, and flowers. aside from food, the company is moving to become a gift delivery service by offering free delivery from anywhere in the nation. the food will arrive in a few days. a stick at the new york stock exchange as trading gets underway. we are down by about 90 points. reggie: facebook whistleblower, frances haugen, is expressing concern about the company's sheai sd she fes arthe impact of the me-vtaerse. she sa tyshis virtl uareality world would force people to give upor me of the pirersonal inrmfoation. stla mthon, she teifstied about faceokbo's harulmf effects. she says thcoe mpany puts ofprits overeo pple. she is meeting with european wmakers o whare writg inru

the democratic party is the party that's trying to shut down robin hood. when you look at innovation and where the republicans are on crypto and other financial instruments and other opportunities for people to diversify their portfolio, expand to new technologies. silicon valley doesn't love us but we've always protected their right to exist where folks on the left, want to break them up and do other things to them. with policies, we're actually pretty sub stan active in a minority situation, especially when the other side, as my co-panelist said is destroying themselves. look at mccarthy. he formed seven working groups which is going to produce an agenda for a governing majority when we take the house back next year so we're already planning to have our committees ready to go from day one so, you know, it's a nice talking point but it's not cram. >> can i ask you a question, this en? because the perception -- he talked about the numbers, which is, of course, his favorite thing to do. and imagine being married to that all day long. [laughter] all day long

hood and all of that, what are you doing to protect investors and our security systems second, what can and must congress do to stop this? make it a felony, we've got to get this can protect our financial system is the heart and soul and this is our investment, our stock market that must be held away from this so what can we do to put strong measures and to stop this behavior? >> the game stop has numerous issues, some of which are in plumbing and infrastructure but you are at another level. whether there were things congress can do to address the challenges there. what we are doing is three or four different projects trying to shorten the clearing cycles, we put out for comment to the public to weigh in on of digital practices -- >> my time is getting short here but i do want to say, i've asked my staff to put together a bill that we can have strong enforcement sensors in will not allow a social media platform on this foundation of our great nation. our stock exchange. you and i both said we've got to protect our financial system so i'd like to call upon you to get further ideas fo

individual stock options in particular have been taken up enthusiastically by the robin hood/reddit crowd who favor monthly expirations in things like the faang stocks. recently in electric vehicle names. they particularly favor call options. these are bets that would win when the underlying stocks rise. most include things like apple, tesla, lose ild, facebook, amazon right now these are the most active ones apple has seen a big increase in call volume, a favorite going into expiration this afternoon judging by the call volume and stock price, tesla's momentum is slowing a bit. open interest is smaller in puts, puts are bets the stock will decline alibaba stands out it is new on the list. there's a pile of puts that went in the money in the last couple of days as alibaba disappointed on earnings and has seen a 10% drop in price. kelly, it is quite remarkable to see this explosion in monthly options, particularly call options this year with the reddit/robinhood crowd >> what is the exact as we see more in options than stock themselves >> it is not quite right to say the options tail is wa

hood, interesting that robin hood was reiterated as by this morning, ethereum crossed 44, higher, doesn't it say there is so much money out there, look at the stimulus and money printing, if you print $2 trillion more, what does that mean? stuart: we haven't got it on the screen but eth either. >> a great skilled truck. stuart: a stock like buying into a stock. >> non-etf, giving access to sliver, the 200,000 bitcoins and ethereum. stuart: so when ethereum goes up it goes up, a record high this morning. the dow was up 113 points. in and out burger chain, closing more dining rooms in california. they don't want to enforce the vaccine mandate to indoor dining. a restaurant guy has run big chains. is in and out doing the right thing? >> under the circumstances, closing down dining rooms to comply with the law makes sense but the whole thing is ridiculous because when you look at the number of people in california that have had covid and survived, look at the number of people who have been vaccinated and the children who are not eligible for these vaccinations you have 85%, to put this kind o

hood sort of figure appeared he used the cash he made to put people to work and to provide services. i interviewed a guy who remembered growing up in the 1930's and he had a younger sibling who died at the age of maybe three. he said we were poor. dad was out of work. we had the funeral and the casket and all of this and we buried our little brother. he went to the mortuary to pay for it. they said mr. pendergast has already taken care of that kid it was those kind of things that aren't a people's lifelong loyalty. when times are tough when people are poor, they don't care about the politics so much. they don't care who is the officeholder. what they care is, how my going to eat today? how my going to feed my family? how can i find a job? they did that through boss tom pendergast. >> we continue our look at controversial politicians with a visit to springfield, illinois. this capital city has seen its share of corrupt politicians including four of the state's last 12 governors who served time in prison. you're more about the charges against them and the unique political culture. >> t

any in the center conway were hood honeycomb trail robin white again. who who are too good to keep that in and i know and i hear my mom and i was a one way to live in a good night when the, my god, i am what is who if things as well there there could be a good place in embedded or one, what is in your own? go get america in what we and i told her that i had did r o m n m o glen. when i was the one that has what it, if it, it will go on one on it and then therefore to get me back, i ha, ha ha ha i my m a o i know i am lamb. this is like a. ready black level one, the one thing of course that's been difficult for people in contemplating the possibility of moving and they didn't get home brand new bad link and connection with the spiritual golf course. once we begin to build dance fisher structures, you will find that people who left the indigenous homes and gone somewhere else seemed, have lost that spiritual commission because they no longer got themselves as being indigenous. more sh islands will be gone. and so we can not build resilience, we can build

they would portray themselves as modern day robin hoods stealing from the rich to give to the poor. strange that it's really just the opposite. they talk about the wealthy paying their fair share and giving working families free programs, but the reality of the situation is far different from the picture they paint and the wealthiest americans stand to reap big benefits under this legislation. for example, democrats have included a provision that will allow millionaires and billionaires in blue states to pay less in federal taxes. as the headline notes, this handout comes with a big price tag. $285 billion in tax breaks for the wealthiest americans. it's more expensive than the clean energy and climate provisions in their bill, more expensive than paid family leave, more expensive than the combined cost of the child tax credit and home base services. and there's no denying that the beneficiaries of this alter expensive -- ultraexpensive provision are the wealthiest americans. according to the tax policy center, about 70% of the benefit goes to the top 5% of wage earners. 70% goes to