it is 5:00 a.m. here at cnbc global headquarters and here is your "five@5." falling for records. stocks slipping from all-time highs ahead of the key inflation report due out this morning. prices are expected to show the smallest gains in years. and carl icahn takes to the skies in the latest campaign. the target seeing the stock pop if in the pre-market. and stock rally on arm.

a new brand for tiger woods after he ditches his long-time deal with nike. later, the most watched event since the moon landing. super bowl viewer numbers are in and they are a doozy. it's tuesday, february 13th, 2024. you're watching "worldwide exchange" right here on cnbc. good morning and welcome to "worldwide exchange." i'm contessa brewer in for frank holland. let's kickoff the hour with the check on the u.s. stock futures after a mixed day on wall street. it saw the dow close at fresh record highs and the s&p and nasdaq closed lower. futures right now as you see are lower across the board. s&p is implied opening down 13 points. dow is off 40. the nasdaq is lowest off 80

points. checking the bond market ahead of the cpi report which is due out at 8:30 this morning. you are seeing the treasuries here with the two-year yield at 4.476. the ten-year yield at 4.179. bitcoin coming off a wild day across the 50,000 mark for the first time since december of 2021. you are seeing it is on the move again this morning up .30%. stocks tied to crypto are moving higher. marathon digital and macro strategy and coinbase. let's get a check on the top corporate stories with silvana henao. silvana. >> contessa, good morning. we are watching shares of jetblue. the rally ahead of the open

after carl icahn disclosed a 10% stake in the airline and signalled interest in the seat on the board. icahn says the stock is under valued and represents an a track sif attractive investment opportunity. it comes after the federal judge blocked the company's proposed merger with spirit airlines last month. shares of tripadvisor after the company is considering a sale. it formed a committee of independent directors to evaluate proposals that may come forward. on friday, liberty holdings, which holds 21% of the stock and 57% of the voting control said its board is engaged in talks about a possible cash

acquisition of the company. roughly 123 million people watched the chiefs beat the 49ers in the super bowl on sunday. cbs releasing preliminary ratings for viewing on tv and streaming platforms. cbs and nickelodeon and paramount plus is the most watched super bowl ever and up from the record 115 million viewers last year when the chiefs beat the eagles. cbs says the final numbers will be out later today. >> looking at the split between broadcast television or cable and streaming is going to be interesting. also, this was the most bet on super bowl. it stands to reason because we're seeing more states expand. we just got super bowl numbers from the oldest state for sports betting. nevada. the nevada gaming control board said that it was a great host of the game for the first time and broke records for the most amount of money waged.

$185 million. the sports books won 3.7% of that. i want to give you comparicompa. when kansas city beat san francisco last time, the sports book held 21%. you see the chiefs this time around and you see the profits diminish. silvana, thank you. inflation is front and center as investors await the first cpi report of the year. economists expecting a read of 2.9%. that would mark the smallest year over year gain since march of 2021. the decline in prices is not doing much to assuage much of the recession fears. a 15% chance the central bank cuts rates at the next meeting. joining me to discuss is douglas

bernhart. we're seeing futures lower today, douglas. it looks like there is some tempering of expectations for when the fed might cut. what do you expect from the markets in the next month or so before we get to the fed meeting in. >> it is anyone's game here. all eyes are on the fed and their moves in terms of what we will see. the market is rallying strong. we will see if we continue to head in that direction despite the rate cuts scheduled later in the year. >> douglas, give me a sense of cpi. the number comes in. it is not the fed preferred data point on inflation. what do you expect it to show and how might that move the markets? >> i think it will be cooler than expected, if not as expected. that should flip the futures around a little bit.

it is anyone's game. we had the december numbers revised lower. we will find out if that encourages the fed to move the timetable. >> let's talk about the markets today. we are in the middle of earnings season. we have seen really magnificent ones. we are seeing the magnificent seven fuelling a large part of the sentiment and growth that we're doing. we had predictions of the broader rally. when are we going to see that? >> ultimately we will see that in the coming months. perhaps we won't see that until the fed decides to lower interest rates which might not happen until layer this year. equities will like that. it has to be lowering rates because things are strong, not because we are seeing cracks in the system here. that's why i have my eyes on the fed and really where my question lies is why are we lowering rates? we managed to keep things higher for longer and get inflation down and jobs are strong or we

are starting to see weakness in the overall market? one should bring in a broader market rally and the other may dampen stocks. >> i see you have a younger clientele. how are you positioning them for the future? >> the number one concern is always jobs which is strong. we see weakness in the tech sector. they care about income coming in the door. they are long equities. they have time on their side. they are able to invest over a multi-decade period. we find 80% in stocks and 20% in fixed income. we see opportunities in fixed income this year as the fed lowers interest rates. pretty aggressive stance by all measures. based in equity positions mostly. >> douglas, thank you for kicking us off on tuesday. >> thank you. we have more to come here on "worldwide exchange," including the one word investors need to

know today. first, polfollowing the pep surprise last week, we check out coca-cola with results in less than an hour. and more ahead of the cpi report and our next guest says it is too early to declare a soft landing for the fed. dana peterson is here. and why the arm holding stock surge could be coming to an end. we have a busy hour ahead when "worldwide exchange" returns. were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? we just got back from her sister's in napa. who gets married in napa? my daughter. who gets married someplace more expensive? my other daughter. cancun! jamaica!! why can't they use my backyard!! with empower, we get all of our financial questions answered. so we don't have to worry. can we get out of here? i thought you'd never ask. join 18 million americans and take control of your financial future with a real time dashboard and real life conversations. empower. what's next.

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let's look at the futures right now. we are looking red across the board. s&p is implied down 15 points. dow jones industrial average is opening lower by 42 points. the nasdaq is off 87. let's see how europe is shaping up as its strtrading day is und way. joumanna bercetche has more from our london newsroom. >> good morning, contessa. let's start with the asian markets. chinese markets are closed all we're for lunar new year. the aussie index is down 10%. knikkei broke through 30,000. almost up 3% and sitting at 34-year highs. it has been unstoppable. strong performance with the japanese index.

india increased the weighting of india narrowing the gap with china interesting in terms of the flowing that could come in to that indian index. the mood in europe is muted. you see the indices are trading under water with the exception of the swiss index. we have more healthcare stocks in the swiss index. those are positive today. that is the only movement of green on the board. peripheries are trading under water. germany is down .60% for the dax. the ftse 100 is hovering around the flatline. we had stronger numbers come through today. wages growing at 6.2% and still pointing to a tight labor market. investors dialed down expectations of rate cuts for the year. 70 basis points of cuts priced in. one other stock we are watching out for today is tui which is up

3.1%. it was almost almost 5% at one point after the record first quarter performance recording the highest ever group revenue of 4.3 billion euro. it has been quite a challenging ride for tui over the last year. the stock dropped a lot over the course of the summer last year. it is steady making its way back up. >> thank you, joumanna. nice to see you. coca-cola reporting before the opening bell today. the beverage giant is sexpected to post higher results. there is a warning of rising costs passed on to consumers. let's get more from peter gronk at ubs. >> good morning. >> paint a picture for me with the consumer environment facing coke. what have we learned from pepsi and other research reading into earnings? >> a great question.

it needs to be divided with the developed markets and emerging markets around the world. the developed markets around the world is seeing a broader normalization of trends. we are seeing category growth returning to historical levels. low single digit growth. you see the emerging markets, excluding china, you are seeing strong performance. you are still seeing strong growth in those markets. it is a tale of two cities. >> when you look at some of the headwinds, everybody is talking about ozempic and what it will do to snack foods. are those concerns in the united states the same as other

emerging markets? >> a great question. i'll answer the second part first. i would say in many of the emerging markets, you still feed to grow per capita. there is not as much of a concern about obesity. in more of the developed markets in the united states, it is a concern. i would highlight the company has done a tremendous job of providing revenue growth and maybe the consumer doesn't want a 2 litre bottle, but a full eight-ounce can. they have done a tremendous job with the no or low sugar portfolio. coke zero has done well. i think coca-cola is well positioned to deal with the headwinds. >> when we are looking at price increases and we got the warning from the beveragemaker, does it seem like the price increases

for coca-cola which have been moderate than pepsi, does that matter at all to the consumers? if you are talking about 3% or 4% on coke purchase, it is what it is and people stick with their favorite brand? >> that's a fair question. it depends on the broader category. i think what might be true in soft drinks may not be true in sports drinks or teas. you make a great point. 3% over 5% increase on the small ticket price is not necessarily as noticeable. i would say pepsi's portfolio is different. they have a large snacking business. comparing headline price increases of the company may not be as apples to apples as you think. >> you have a $70 price target on coke. what do you expect? >> i am expecting a strong

quarter. some people are concerned with pepsi last week with the organic revenue falling short and the first revenue miss since q3 of 2017. i'm not sure that is the case for coca-cola this morning. they will deal with some of the external headwinds and weaker performance in the middle east or africa region. at the same point, the company will see strong growth because they have greater exposure to emerging markets and grateser e greater exposure to the home channel. i would simply say the focus for the stock today is on the company's guidance. the question that coke has dealt with is the ability to drive u.s. dollar in the face of the currency headwinds.

the company has single digit headwinds. we think they can guide to low to mid single digit eps growth. >> they come out this morning. peter grom, thank you. ahead on "worldwide exchange," berkshire takes on a foe in court. build-a-bear. find out why when we return. nature's bounty hair growth. clinically shown to help grow thicker, fuller hair with just one capsule a day of advanced hair complex.

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let's get to the big money movers. zoom info shares are surging. earnings narrowly beating estimates thanks to the zoom copilot tool. the stock is still down 25% in the last year and nearly 50% off the 52-week high. you see the move in extended hours. shares of cadence design systems offering disappointing q1 guidance with revenue of 19% in the fourth quarter. its shares are down almost 6% in the early trade. and lattice semiconductors lower with the sales guidance underwhelming. the chipmaker has ongoing profit

expansion with shares off 8%. let's get a check of the headlines with nbc's frances rivera in new york with the latest. good morning. >> contessa, good morning. are you ready? returning to the northeast with a massive winter storm. we have been waiting. over the weekend, the system brought heavy snow to oklahoma and new mexico and texas. it could make for dangerous travel conditions with 2 inches of snow per hour which could snarl the morning commute. many schools have closed or moved to virtual learning. former president trump asked for an appeals ruling on the immunity in the january 6th trial. if the high court rejects the request, the district court case is free to proceed. a snowy one here in new york, contessa. back to you. >> i have to say, it was disappointing when i left. it was just rain.

there may not be a snowman in our futures. >> kids are keeping their fingers crossed. breaking news. the senate voting on the $95 billion defense bill tied to supporting ukraine, israel and taiwan. emily wilkins is joining me now. >> reporter: we know what the result of the vote will be. there have been so many process votes to get to this point. we have seen republicans join democrats in moving this forward. we are expecting them to hit the key 60-vote threshold to move this package forward. of course, the big question then is what happens with it in the house? speaker mike johnson released a statement last night throwing cold water on the bill saying the senate has failed to meet the moment. there are lawmakers in the house, republicans and democrats, who say there are enough votes for this to pass so long as we can find a way to get it to the floor. there is talk of legislative

maneuvering there. if you see a lot of senators come out for it, that will put more pressure on the house to act. i think that is now the big question which is how does this bill make its way to the house. >> this becomes a political football at a crucial time for lawmakers. timing wise, when do you expect to see it taken up in the house? >> reporter: it is a great question. it doesn't look like speaker mike johnson will go ahead and bring it to the floor. if he wanted, he could do it today or tomorrow or the next couple days. if he is opposed to doing this, there are ways other lawmakers could say we support the bill and somehow get it to the floor. those methods would take a lot of time. it is not clear what is going to happen once this clears the senate. the pressure will certainly be

on and the clock will be ticking. remember, house lawmakers are supposed to be in it town this week and leave next week. that could really slow the momentum in getting something done. >> all nighter in the senate. emily wilkins, thank you. coming up, bitcoin back in the spotlight as it does something for the first time in more than two years. if you haven't already,f follow our podcast. check us out on spotify or apple or other podcast apps. we'll be right back. meets bold new thinking. ( ♪♪ ) partnering to unlock new ideas, to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley.

here we go. it's 5:28 in new york. a lot ahead on "worldwide exchange." investors getting ready for the latest look at inflation with expectations of further easing price pressures. how that report could impact the fed policy path forward. futures in the holding pattern after the dow notches a fresh record high. shares of jetblue taking off after carl icahn announces a new stake in the airline. it's tuesday, february 13th, 2024. you are watching "with worldwide exc exchange" on cnbc. welcome back to "worldwide exchange."

i'm contessa brewer in for frank holland. the dow closed at the record high. the s&p hit all-time highs yesterday. the futures are slumping. you see the implied open for the s&p is off 17 points. the dow off 42. the nasdaq in the red by 100 points. checking the bond market ahead of the cpi report. the yield on the two-year note is 4.476%. the ten-year note is 4.177%. let's check oil prices this morning and wti is up 1%. you have brent crude up 1%. rbob up .68%. bitcoin is crossing the $50,000 mark since december of 2021. it is higher by .02%.

stocks tied to crypto are moving higher. marathon digital and coinbase all up between 60% and 23% since last wednesday. turning to one of the top stories this morning as investors are awaiting the first inflation read of 2024 with the january cpi report due at 8:30 a.m. today. economists are expecting headline inflation to fall below 3% for the first time since march of 2021 and core prices to see the smallest year over year gain since april of 2021. for more on the report and what it could mean for the next move on the fed is board chief economist dana peterson. dana, good morning. >> good morning. >> give me a sense of how much -- if cpi comes in as expected, how much does that move the general sentiment for consumers across the nation? >> i think it is a win-win for

consumers. when we look at consumer confidence measures, consumers are complaining of high prices and inflation, but those prices are dwindling. if you go to the supermarket or the gas station and it costs less to buy the things you need as well as the things you want, that means you have more purchasing power and ability to spend on other items like discretionary goods and services. >> where are we he seeing pric still elevated? >> we see prices elevated in the pricing and rentals. many are raising premiums for cars and homes. i also see inflation lingering in other areas, especially services where you have to show up such as hotels and restaurants because of wage pressure. there are still labor shortages. >> the interesting things of insurance is it is a reaction of

price inflation for materials and labor. when you crash a car and it costs more to repair or replace that car, the car insurers take the hit and then down the road, they try to go back and recover the claims and that's what we see for insurance. if you have to pay it, it is noticeable in the price increases you are seeing. when you are looking at those kinds of factors, do you think there is a risk of reinflation? >> certainly there is a risk of reinflation if those insurance premiums continue to go up. also, when you look at rentals, existing home prices have already slowed and that is filtering to the data. we have seen existing home prices in the latest readings pick back up. that could be a problem late this year or next year. we think slowing in the rental component will go a long way to

returning inflation gauges back to the fed's 2% target. the question is can it be sustained at 2%. >> you mentioned the housing prices and rental prices and when you look at the labor front, we have seen unions make historic contracts for their benefits. how much pressure does that put on the whole picture? >> it puts some pressure on it. when you look at union membership, it continues to fall. it is not just that. a lot of it is the labor shortages in it health care and leisure and hospitality. across industries, many companies are holding on to workers. they may reduce hours, but they are raising wages to attract and retain workers. that is filtering through the consumer price index. >> i know you have concerns with banks. what is it? >> certainly when we look at the small and medium regional and

commercial banks, many have exposure to commercial real estate. especially to office space. we know office space is not doing well because of hybrid work. many companies don't need as much real estate to accommodate workers. the values of office real estate are falling and certainly we're seeing a number of the entities indebted not making good on their loans. that can wash back into the financial system if the banks that issued those loans come under pressure. >> do you think we're in a holding pattern with the rates and where the fed stands? >> indeed. we don't expect interest rates to fall until june. the fed indicated it is looking for more disinflationary reading to feel confident to return to the 2% target. once we hit june, the fed can

cut interest rates four or five times. the terminal fed fund rate will be higher than what we experienced pre-pandemic. >> dana, thank you for your time. >> thank you. let's check on the other top corporate stories with silvana henao. >> good morning. the chair of the senate judiciary committee is calling on the ceos of american airlines and united airlines and visa and mastercard to testify on credit card competition and fees. senator dick durbin saying the four companies have opposed congressional efforts to bring competition to the credit card market in order to protect dominant market positions and profits through cards. the companies have yet to comment. that hearing is slated for april 9th. blackberry announcing it is cutting more jobs in the cybersecurity business as the push to profitability.

the company saying the 200 layoffs will create savings of $27 million. the cuts are part of the ongoing plan to separate the internet of things and cybersecurity business as stand alone divisions to reduce annual costs. shares of arm pulling back ahead of the open after soaring 29% in yesterday's session to extend last week's post-earnings rally. the stock is up nearly 90% since that report and has almost tripled since the company's ipo last september. as of this morning, it is less than $40 billion way from overtaking intel's $186 billion market cap and then watch shares of softbank which owns 90% of the arm outstanding stock. they are jumping 6% in japan today and up nearly 30% since arm's earnings.

>> on the move. silvana, thank you. developing story that we're watching. shares of jetblue surging ahead of the open. carl icahn revealed a 10% stake in the airline. you see shares up 14%. phil lebeau is joining us on the news line. phil? >> reporter: the question is what is his play? he is familiar with activist positions within the airline industry. go back to the mid '80s with twa. we will explain why in a bit. he has taken a 9.91% stake in jetblue. he is discussing with jetblue management the possibility of taking a board seat and expected to have further discussions about that. why is he taking this position? he sees deep value here. if you look at shares of jetblue since the beginning of the year, that is when he started building his position. look at where the shares were

trading between $4.70 and $5.50 a share. ridiculously cheap. especially relative to other airline stocks. in a statement yesterday, jetblue said we are open to constructive dialogue with investors as we execute our plan to enhance value for all of our shareholders and stakeholders. remember, as you take a look at shares of jetblue over the last three years, it has struggled, especially the last couple years as a stock relative to other airline stocks. why? you had the unwinding of the northeast alliance with american t airlines and then the second victory for the doj when it won the suit to block the proposed merger with jetblue and spirit. remember, jetblue and spirit are both filing or have filed for an expedited appeal in that case. when that will be heard over the next several months remains to be seen.

there is not a lot of optimism within the industry that they will be successful on appeal. if you are carl icahn, are you looking at the possibility of pushing the stock up to $10 or $11 a share? something higher from where you bought the stock? that is one possibility. it was so beaten down and trading in the $5 range. if there is a possibility of another outcome here that you could see a push for some further consolidation within the airline industry is highly unlikely. very few people believe with the biden administration that you will see further consolidation and the second thing to keep in mind is who are the other players he thinks jetblue could consolidate with if it is not spirit? this is going to play out over the next several weeks and months, contessa. when you look at carl icahn and his position here, he took a position where this stock was just so beaten down that it was

almost a no-brainer. >> we know when carl icahn gets involved that he can change the direction of companies. i'm thinking about the sector that i cover, phil, what happened with caesars and tiny el dorado. it has changed the trajectory for the casino company. for jetblue, if carl icahn manages to open up representation on the board seats, what possibility is there? you mentioned the mergers. what else could be there? >> that's not where you see the likely outcome here. you will see him push for change. the one area that jetblue is making changes. they replaced robin hayes as ceo. yesterday was her first day as ceo. she is highly respected within

the industry. she is already announcing a number of steps to cut losses and to do better with the existing route structure. basically to get back to the blocking and tackling that made jetblue successful for so many years before they got caught up in the game of alliances and proposed mergers. most believe when you look at what she has announced, some of the staffing that she brought in to assist her in reworking the airline, if you will, she is making the changes that carl icahn is looking for here. will he potentially get a board seat and accelerate that further? he will. it is not like he is coming into the management team with the head stuck in the ground. >> maybe he sees a great opportunity to make money. >> when it was trading at $4.50, it was cheap and an easy buy.

>> phil, thank you. coming up, openai's sam altman looks to one middle east country to shape rules around a.i. as europe looks to landmark legislation. out of the world viewership for the super bowl rivaling the event for mankind. tiger woods making it official with taylor made. the two partnering up on sunday red. new apparel brand. woods says it is his decision to always wear red on sundays. this town ain't big enough for both of us. according to warren buffett. jazz wear, the maker of squishmallows is suing another line over the plush animals. it is adding to a lawsuit against one of alibaba.

i feel like i'm in a "saturday night live" skit reading this story. and jon stewart is back roasting president biden and president trump's ages and even his own. >> objectively old. they are at the age where there are no more age-related milestones to hit. they have the aarp card. they got social security. they have the movie discount. there is no hit 88 tand drink ad drive. look at this. i'm 20 years younger than these [ bleep ]. this -- look at this. they wish! oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower, we get all of our financial questions answered.

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welcome back to "worldwide exchange." time for the morning call sheet. vi nvidia is moving to $850. ubs is showing upside potential. the shares are off .50%. benchmark initiates shares which have rallied in recent months and believes momentum is likely to continue with the management's focus on profitability. shares are up .75%. citi upgrading gsk to buy.

citi cites under appreciated revenue potential from the multiple drugs. gsk is up 1.36%. time for the global briefing. nikkei ending the session higher after surpassing 38,000 for the first time since 1990. it is up 3%. tokyo electric and softbank leading the gains. the weaker yen is pushing sentiment to highs. michelin is posting flat profits and sales. the french tiremaker says the mix and prices offset market conditions with non-tire sales growing 10%. shares up 8%. bloomberg reports openai ceo sam altman says the uae could be

the regulatory sand box to drive global rules. this as two key lawmakers approve a landmark a.i. agreement this morning and setting guardrails for the technology. ahead, one word every investor needs to know today and the fact our next guest says will be key to fuel market momentum. if you haven't already, follow our podcast. if you miss "worldwide exchange," we're on apple and other podcast apps. during february, cnbc is celebrating black heritage. here is sharon epperson on critical funding for black-owned businesses. >> 57% of black business owners were denied bank loans at least once when starting their business. that's compared to 37% of non-black owners. despite this, many african american entrepreneurs are optimistic about their futures. celebrating black rigeheta.

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(fisher investments) at fisher investments we may look like other money managers, but we're different. so you can rise from pain. (other money manager) you can't be that different. (fisher investments) we are. we have a team of specialists not only in investing, but also also in financial and estate planning and more. (other money manager) your clients rely on you for all that? (fisher investments) yes. and as a fiduciary, we always put their interests first. (other money manager) but you still sell commission -based products, right? (fisher investments) no. we have a simple management fee structured so we do better when our clients do better. (other money manager) huh, we're more different than i thought! (fisher investments) at fisher investments, we're clearly different. we have breaking news from the senate floor. let's get back to emily wilkins from washington, d.c. >> reporter: contessa, there are enough votes in the senate to pass that $95 billion package of aid to ukraine, israel and taiwan. the vote not officially closed at this point. we know from previous votes that

there is certainly more than 60 senators which support the package. they have come out on a cold and wet morning in dc.c. to vote on it before going home for a couple of weeks. now the issue goes to the house where speaker johnson says he has thrown cold water on the ability he will bring the bill to the floor. there are other ways to work around this. if you have a majority of lawmakers in the house sign a discharge petition, they can get the bill brought to the floor even if leadership doesn't want it. there is a lot of support for ukraine both among democrats as well as republicans. although you have the growing sentiment in the republican party as lawmakers argue that funding needs to stay in the u.s. rather than go abroad, it is not everyone at this point and sources on the hill believe if this bill finds a way to get to the house floor, it could pass. the big question is what kind of

process do you need for that to happen? >> you are keeping tabs on that. emily, thank you. markets off another round of fresh records. futures are lower across the board today. we were seeing the s&p implied opening down 18 points. the dow is slated to open down 60 points. the nasdaq down more than 100. joining me now is simeon hyman. we are looking at bond yields higher on the day, simeon. you see futures are lower. set the scene about the way you think cpi data may play into this picture. >> it should be in pretty good shape today. i think we can look to the break even inflation numbers to tell the story. the expectations of the market for some time has been for 2% inflation some time in the next 12-to-24 months. i would not get too worked up how this impacts the fed.

powell said the longer end of the curve, that's what drives stock prices and pe multiples, is now liberated from the qe and qt. if this pushes the fed back a quarter, it will not have that much impact on the long curve. >> your word of the day is covered call. give me a sense of why you think that is a word that investors need to focus on. >> i'm sneaking in with the hypheneted. the money market exchanges are coming down. folks are looking for income. they have been looking for equity opportunities for income. covered call is one of them. you write a call option. you sell it. what folks haven't realized, you give up upside.

that traditional strategy last year with the benchmark is the cboe xm. we launched ispy as the first etf powered by a daily covered call strategy. when you write a call and sell one every day, you can still target the full participation in the s&p 500. covered is word of the day. >> thank you. chge does it for "worldwide exan." "squawk box" is next. hope you have a safe snowy tuesday. not ctor. i'm just a regular person. some people say, "why should i take prevagen? i don't have a problem with my memory." memory loss is, is not something that occurs overnight. i started noticing subtle lapses in memory. i want people to know that prevagen has worked for me. it's helped my memory. it's helped my cognitive qualities.

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good morning. developing story. senate voting early this morning on a $95 billion aid package for ukraine, israel and taiwan. it has enough votes for passage now. details ahead. carl icahn very revealing a stake in jetblue. and record viewership numbers for the super bowl. the most watched telecast since the moon landing. it's tuesday, february 13th,

2024. "squawk box" begins right now. good morning. welcome to "squawk box" here on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. snowing in new york. it's okay. >> not a lot. by the way, they closed the schools everywhere. at the moment, i'm not sure that was the right call. let's see where we are in a couple of hours. >> i would say the kids are excited about it. >> it is easy to close the schools now with remote stuff. colleges do it. >> they are saying have a ksnow day. >> this is you are supposed to go sledding if the know