good morning, it is 8:00 a.m. at google headquarters in mountain view, california, 11:00 a.m. on wall street, and "squawk alley" is live ♪ ♪ ♪ ♪ looking out my window ♪ happy monday welcome to "squawk alley." i'm jon fortt with carl quintanilla and djulia boorstin the competition director on possibly breaking names up an inside look at facebook's

independent oversight board and why unions are suddenly cropping up in and around silicon valley. we're going to start with this disconnect between fundamentals and valuations hit me baby, one more time traders are looking at this market like a genie in a bottle. britney spears and christina aguilera songs, you'll get them looking at a chart of tesla or snowflake or gamestop up over 100% i'm not trying to say this is the dot-com boom all over again but this is what it was like when you had certain stocks which had a clear story behind them soaring beyond the story, beyond the fundamentals, and you had people who made money in that name justifying staying in it and valuations that the math couldn't make happen i know you remember. >> i do, but, jon, we're going

from talk of a bubble to talk of a mob. i mean, andrew left notable short seller, he wrote a letter to shareholders on try day saying they're going to stop coming to gamestop because the angry mob that owns the stock has committed multiple crimes that it will be turning over to the fbi s.e.c. and other government agencies. carl this is a different kind of bubble took. 80% just today we are definitely seeing a massive disconnect from reality and fundamentals what happens here? does the bubble burst? do we start to see regulatory action against some of this trading activity >> yeah, and how wide is the pocket of froth, i guess you could call it, going to get. bed bath goes from $34 to $40.

wicked whipsaw action in bby and names you might not associate with this kind of dynamic, clorox, smucker, classic stay-at-home names okay, we could have a normal news day where people are worried about the vaccine, but who knows if it's that or if robinhood-like dynamics are creeping in to names that aren't necessarily high growth and high multiple >> we can't forget about bitcoin. that's been an amazing story and one that, i mean, bitcoin traders are getting me on twitter all the time saying you just don't get it. you need to do your research i've actually read a lot about bitcoin and have known about it for years. i can't get any clear story on exactly why it moves the way it does, and part of my job, i feel, as a business journalist is to point these things out to potential investors, traders, people playing at home sometimes

with their retirement savings, and remind people whatever the hype might be, whatever people might be saying is the next big thing you have to have your own fundamental reasons for investing the way you do you have to have discipline or you get caught out and we have definitely, definitely seen that before you guys know. you've been in the business. i'm thinking back to -- i've been in journalism for just a couple of years during the dot-com boom more than 20 years ago, and it was so easy to get caught up in that. and then the real estate boom that came after it you start to think past performance is indicative of future results and it's just not. >> well, jon, i have to say i started as a journalist right after the dot-com bubble was starting to burst in the summer of 2000, and it was really interesting to see how much money had been gained on paper and how much money was lost on paper. the paper billionaires became

paper millionaires, and i think it will be really interesting to see what happens now in terms of some of these stocks that seem to have bubble valuations. i do think there is a distinction, carl, between some of these stocks that have been really bought up in terms of excitement over things like evs such as tesla and companies such as gamestop which are in these really outdated businesses the business of selling physical games at a time when companies like activision and digital downloads. you have to wonder if this is a separate kind of category or a separate kind of bubble, carl. >> as we keep our eye on the broader markets as well. the dow session lows down 350. meantime google joining with amazon and big tech in their efforts to assist the biden administration with vaccine distribution our deirdre bosa joins with us a special guest. hey, good morning, carl. i have google's chief health

officer. good morning, dr. desalvo. now this morning ceo sundar patchai said they have increased five fold since the beginning of the year and and noannouncing m google facilities available as clinics. dr. desalvo, how long have these plans been in development and why now? >> we're excited to be a part of the solution for getting the world vaccinated thank you for sharing our plans and thing. we have been working with governments to lift up good, quality information for people and help wherever we can this is yet another way we think we can be helpful to see now that the vaccines have been developed that we can help the world get vaccinated

>> so, dr. desalvo, why now? why wasn't this ready at the beginning of the vaccine rollout? the trump administration has touted its relationship with google in the past, especially last march how closely were you or were you not working with the administration and why are these efforts starting right now versus a few weeks ago >> let me be clear this is something that has been in the works including lifting up information about quality information about vaccines, about where people can get them and being helpful opening our facilities we did work with the prior administration and the cdc they've been a great partner in making sure we can bring quality information about how to keep themselves safe, the community safe all across the pandemic many of us are aware the early phase of the vaccine rollout in the u.s. started in december was

really targeting those 1a individuals, people at high, high risk because they're health care workers or living in nursing homes. opening community sites or popping up on maps where people can get vaccinated wasn't as useful of a tool as we move into the bigger phases of community availability of vaccinations is where we want to make sure people know the information and how to get a vaccine when it's their turn and we want to make our facilities available getting as many people vaccinated as quickly as possible >> good morning, dr. desalvo it's jon fortt i'm wondering what do you need from the private industry side to be most effective from the federal government and from state government, and is that level of coordination now in place or is it something that you're hoping to see in the coming weeks >> such a great question because at the heart of all of this

pandemic response has been a public/private sector partnership. part of my career i spent in public service at the local level but also at the federal level in public health and so i learned then and i know now that everybody together is how we will create we know that people are coming to us every minute around the world to get information we don't need to create that information but we need to help lift up what local government, what the cdc and others have so when people come to our services they find that information that public health authorities want to get working in partnership with local government, state and federal governments and, in fact, around the world is job one we do to get people the right information. i'm excited how much the private sector has wanted to lean in and has leaned in to partner with public health throughout this pandemic i hope that we'll continue to see that kind of effort across

the year and beyond, frankly >> dr. desalvo, you mentioned the work including with youtube and i'm wondering if there are greater efforts to tamp down on misinformation how you're dealing with that in terms of search and youtube to make sure all of your platforms are showing accurate information in a situation that can be whac-a-mole in terms of the people who could be putting out misinformation about vaccines out there constantly >> there's going to be a lot of challenges to getting the world vaccinated vaccinations save lives not vaccines in spite of the remarkable science we have to convince people it's safe to get vaccinated and help those who have long-term hesitancy understand from trusted sources it's a good vaccine, they are effective and safe we have used our services like search and youtube to bring forward good information to

raise up quality information not only from global authorities like world health organization or cdc but services like youtube and work with influencers and creators to partner with scientists to target information to black and brown communities, for example, to make sure that there's a trusted voice to help them understand how we didn't sacrifice safety for speed when the vaccines were made in due course and how we can help them understand where to go to get vaccinated and make that decision if they want to do it we have been throughout this pandemic but in the time of vaccination making sure we're raising quality information and then when we're able to reduce or pull down harmful information so that people are not going down pathways of conspiracy theories or other information that will prevent them from

getting the important treatment in the pandemic. >> just a question about the next step. obviously it's very important to get everyone vaccinated but then what happens then? how are you going to make sure that people have some sort of verification that they have been vaccinated some sort of passport? is that something you're working on >> google is not specifically working on passports though you probably know lots of companies and other even governmental agencies have been looking at the best ways to do this obviously people will need some sort of a record that they've been vaccinated not only because many of the vaccines require two doses so they'll have to know what they got the first time to follow up and get the same vaccine the second time, the correct interval for going we're hearing for travel and for work people might need proof of vaccination. through personal health record portal though there are other activities in the works to have

a digital record to know what they got, when they got it and if they need to have a follow on vaccine that they can get that google cloud, where it already has partnerships with states like new york or north carolina is working to help those state governments and public health authorities with those kinds of records or with other logistics efforts. we certainly stand ready to be helpful with that technology if we can in other states and countries around the world >> dr. desalvo, it's deirdre california has officially lifted its stay-at-home order you outlined some of the other initiatives google has set out amid the pandemic. there have been several major ones, though, that haven't taken off. i mentioned earlier that covid website that the previous president mentioned that never materialized there was also a lot to do about contact tracing and that unprecedented partnership with apple. that didn't really take off either so i wonder what were the challenges there and how has that informed this initiative

and future ones and the scope in what you can achieve >> well, look, in the first place to lift up information or put information on covid that's accurate and informative is to give you a stat on youtube alone where we put information about covid and push people to the cdc or the world health organization website. more than 400 billion. clearly people are coming to us for quality information and we're making that useful and available to them. that's one bucket. you mention the other bucket about working in partnership with public health on exposure notifications. we have more than 40 geographies, countries and the u.s. more than 20 states that have adopted the technology. it's designed to be an augment to the existing manual contact

tracing efforts. as states turn that on and countries around the world turn that on and learn over time, we're seeing big uptake in finland, 42% of the population, and countries like switzerland beginning to report out the effectiveness of that tool where it's being shown, for example, that it's as effective as manual contact tracing and in some places in the u.s. as many as a quarter of the people who have already been notified by that tool get called by the contact tracers. we're accumulating evidence about efficacy it was never designed to be a stand alone. it's meant to be in partnership with public health in countries around the world and right here in the u.s we're excited and happy it's been a useful tool on the front lines and we'll have to come back and talk about that some other time >> i hope you will come back, dr. desalvo. thank you for being with us. carl, back over to you >> thank you very much our deirdre bosa

a couple names to watch. gamestop is one of them. halted for volatility. apple a new street high, they go to 175 apple did hit an all-time high today. it is risk off banks and energy lower the biggest drop for the s&p and the dow. ♪ ♪ ♪ ♪ ♪ keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates

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antitrust concerns with big tech expected to be a central

focus with the biden administration in its first 100 days with us is the ftc's bureau of competition director ian connor. good to see you. since the last time we talked, there's been this story that surfaced out of the texas ag's office about google and facebook quietly working together in online ads in 2017 looks like facebook may have gotten special treatment google has said the way the ag's mr complaint isn't quite right. broadly, this kind of allegation, if you're not talking about this specific one itself, fine but this kind of allegation, is this concerning to you >> whenever we see competitors or potential competitors reach agreements, we always ask what are the drivers behind that? and try and assess what are the competitive impacts. if it's an agreement that fosters competition or promotes

new products or better products into the market, that's usually typically viewed as pro competitive. if there are situations where actual or potential competitors are agreeing not to compete against each other that's the type that does raise significant antitrust concerns and we would look into. >> what do do you with something like this then >> so typically if we get -- and i can't speak to the ag's specific complaint, if we saw something that looked like it was a potential criminal cartel, then we would refer it to our colleagues at the antitrust division civilly the federal trade commission can pursue any sorts of agreements between competitors and seek to either enjoin those agreements and potentially, depending on our

powers, go back and seek to get restitution or monetary relief from those parties that we can actually show harm >> there's been an interesting conversation about abuse of market power of these giants in terms of acquisitions and m&a and also this question of content and how these companies dominate the content that's disseminated on the internet i'm curious what issues you think will be top of mind for the biden administration whether it's an interest in perhaps breaking up these companies or just regulating the way they can operate or the third option, regulating the way they approach acquisitions of their smaller rivals >> i think that the next administration is going to be at least as robust in their enforcement efforts as the last administration first i want to thank congress for the additional funds that they provided to the federal trade commission those funds are desperately

needed to ensure that we have the resources that we need to be able to investigate these types of companies this is a situation where large tech companies often have profits that are multiples of our own entire budget. those resources are appreciated. what i would expect to see as you look to the next administration, we already have some enforcement action in court now pending where we are seeking as a potential remedy disillusion of some of the prior mergers that have gone through i would also expect tighter scrutiny on proposed mergers and some of the consummated nonreportable mergers that may have happened in the past. the federal trade commission had a study that it initiated last year and that is continuing looking at those smaller transactions by several of the technology platforms and we've initiated another study that is looking at how several of the

tech platforms use data and use user algorithms to track users and show them certain content. it will be an area of significant activity under the new acting chairwoman. >> there are these issues in play, privacy, as you mentioned, and of course it is worth noting your office is suing facebook. we just had this 449-page congressional report detailing different market abuses by these giants do you think antitrust activity will be something that is able to be pursued on a bipartisan basis in congress as well and how does that impact your work >> if you look at the reports there was some bipartisan statements come out of both sides when that report came out.

there were many supportive statements and we've heard that type of statement out of both sides. if you look at the federal trade commission many of our actions including the reports that i just mentioned as well as the facebook suit that you mentioned were bipartisan, and i would expect that to continue. there is an agreement that we really need to understand how the tech industry and how the tech platforms operate the information that they collect and how they use that information in their businesses either for advertising or to track users across the internet. >> and, finally, ian, i'm curious in the opening days of this year we saw parler pushed off of the platforms of aws, apple, google for what they said were terms of service violations parler argued this was an antitrust issue. that doesn't seem to have gotten too much traction at this point. is that something you are looking at or no

>> there were allegations of agreements across companies to boycott. those are the types of allegations we do investigate. so if there was some sort of horizontal agreement to bay could the any company we would look at those. >> okay. that does not seem to have surfaced at this point ian conner from the f itc, than you. >> thank you very much a couple of calls to watch goldman reinstating ratings on take two and ea calling each a buy saying the stay-at-home momentum should continue at least for the first half overall some of the remote software stocks did not like the headline california may be lifting some stay-at-home restrictions we're off the lows on the major indices.

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welcome back, everyone i'm sue herera here's your cnbc news update this hour. lamenting that it is a tough time to be in public service because there aren't enough people looking to find common ground, senator rob portman says today he will not run for re-election in 2022. the 65-year-old ohio republican has generally supported trump's policies without embracing the former president's divisive politics his departure is a blow to the establishment wing of the party that wants to diminish trump's influence on the gop within the last half hour h california's governor will move to lift restrictions the supreme court has put an end to lawsuits accusing trump of

violating the emoluments clause now that trump is not president the cases are meaningless. and former president trump's lawyer rudy giuliani is facing a $1.3 billion defamation suit filed today by dominion voting systems. giuliani had accused the voting machine company of being complicit in what he claims was a scheme to steal the election u om trump yoare up to date and "squawk alley" will be back. ffice, and bank balance are... far from glamorous. that means expensing nothing but pizza. your expenses look good, and your books are set for the month! ...going up against this guy... and pitching your idea 100 times. no, no, no! no. i like it. -he likes it! ...and you definitely love that. intuit quickbooks helps small businesses be more successful with payments, payroll, banking and live bookkeeping.

trump's return to facebook is left up to their board. the decision will reverberate not only through american politics but in the way social media is regulated over the long term joining thus morning is "new york times" media columnist ben smith. ben, always good to see you. welcome back >> yeah, thanks for having me. >> we'll talk about the implications in a second i think our viewers may be wondering just who are these guys >> right, there's been a lot going on you may have missed the fact that last year mark zuckerberg put together this kind of sci-fi global court with, you know, a couple of americans who were short listed for the u.s. supreme court and very distinguished people, a nobel laureate, former editor of

"the guardian. a star-studded global, mostly very, very high-end human rights lawyers to essentially offload difficult decisions that mark zuckerberg takes endless amounts of heat for making himself >> is the thinking right now that they will essentially affirm the initial decision to suspend him but that the odds are good or bad that he'll one day be lifted from that ban, maybe in a few months? >> you know, their exact powers in the situation aren't totally clear. i think people think it's likely that they will say that facebook was right to temporarily ban him when it seemed like he was inciting violence. but i think there's a lot of questions about the idea these giant almost monopolyistic platforms can ban political figures. that makes people nervous, angela merkel, the president of mexico compared it to the spanish inquisition. i think there's a pretty decent

chance they either push facebook to restore his account in the long term with some kind of guid guidelines >> ben, what kind of an oversight board is this in the sense i wonder what standard they're using to make their decisions. is it some kind of international law? is there an international concept of free speech or is this a face covering sense, global face-saving sense, for facebook to say we got advice from distinguished people not based on a globally understood standard but based on their opinion and we're acting on that >> i think it's a little bit tbd. the board is really independent. facebook gave it $130 million and sent it on its way basically. and it's supposed to interpret facebook's rules in light of global human rights law. and these are very high-powered lawyers who spent their lives thinking about global human

rights law a lot of the decisions so far have been about in particular where and whether you can show nipples which is like the meat and potatoes of content moderation so this is a big trump >> from nipples to trump is a big jump i wonder how safe is that for a company to put that sort of decision in the hands of outsiders when it seems to some degree they're wary of putting these decisions in the hands of governments, who the ceos won't go and speak to when they're called, et cetera? >> nobody really wants these decisions. the government might set up rules. the ceos don't want to make the decisions either i think they're trying to create a legitimate institution where they can say, look, it's not up to me. it's up to these distinguished people and their hope is if they do a good job over time people

will respect that. >> ben, it's my understanding this decision really isn't just about trump, but it's also about other world leaders. and i wonder how you think that's going to impact the outcome of this decision do you think that the board might decide differently if they were just ruling on trump, the fact they have to take into account what this will mean for other world leaders. how do you think that will impact the outcome >> i think they're thinking that precedent and are thinking pretty broadly on the one hand there are people like the president of brazil who have already had posts taken down that contained misinformation about covid and so one of the things you think about, can -- do your world leaders have a higher standard -- can they get away with more? should they be more constrained because they're so powerful? those are the kinds of questions this board will be thinking about. >> i have to ask about twitter

i know we're talking about facebook your incitement column was about facebook i have to wonder what will happen with twitter. many people said twitter should reconsider its permanent ban of president trump. what do you think twitter will do now >> twitter right now is operating by the ceo making decisions while he's on vacation and another big factor here is being lobbied hard by his staff. certain kinds of organizing companies is often the most powerful force moving anything i think it's true of facebook, true at twitter, true at google. what the employees think matters a lot. as of now i think it's just jack making up his mind and depp siding things. he has said some abstract big picture stuff about wouldn't it be cool if you could have different lenses on the service and different moderation filters and i could hire cnbc and you could hair breitbart to be yours

and we would see different versions of the service. they have a small project working on things like that. i think that's pretty remote and hard to see that coming into play anytime soon. >> yeah, that would be different to be sure, ben. one last question. today obviously cancel culture, sarah sanders will make this part of her bid for governor, obviously. i wonder do you see it as being ideologically inconsistent that the voices who once argued let the private sector be the private sector are now saying we're going to tell you how to run a platform that you spent billions to build? >> i mean, politicians are always speaking from their self-interest and kind of playing in the culture wars. i don't think it's crazy to look at twitter and facebook and how incredibly sweeping their ban of trump was, how it changed the

landscape of american politics in the course of a couple of hours and not realize they have a lot of power and nobody is comfortable with exercising it unilaterally, the companies themselves that's why zuckerberg is trying to offload some of this responsibility >> right and reportedly why it took dorsey so long to get prodded into that box, which is truly what they're in, in a box. ben, it's a great read as always it's great to see you, thanks. >> thank you and now citi has a new favorite name in semis calling marvel tech its top pick moving nvidia down to two citing expansion in 5g and cloud data center growth as a catalyst. the price target is $64. today trading just over 53 this is decision tech. find a stock based on your interests or what's trending. get real-time insights

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so you can start hiring right away. claim your seventy five dollar credit, when you post your first job at indeed.com/home. nbc universal, cnbc's parent company is partnering with the wwe to be the exclusive streaming home of its content in a deal that a source tells me is worth around a billion dollars when this partnership goes into effect wwe will shut down its streaming service and all of that content will be exclusively available on peacock now this move is expected to give the 1.2 million u.s.

subscribers who are paying $10 a month to move over to peacock t. costs $5 with some ads and $10 for the ad-free version. peacock reported that 26 million people have signed up for the service. we don't know how many are paying but may learn more when nbc universal parent comcast reports earnings thursday. in other news this morning the company announcing it will broaden its partnership with twitter to reach a global audience now this deal will enable nbcu to have more ads and should benefit from more premium content. carl that is designed to be a win-win for nbcu and twitter >> a lot of news at the mothership today thanks bernstein getting constructive on the e-commerce names today,

baba calling tencent the greatest buying opportunity. the sector is overblown. for more on that go to cnbc.com.

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alabama plant consider un unio unionizing and don't forget the tiring of the ten instacart employees who had unionized in illinois. nearly 2,000 positions instacart cut last week. with us now is the head of one of the largest unions in the world, the president of the united food and commercial workers union. thanks so much for joining us this morning a lot of ground to cover, but i want to start out with instacart. what's your perspective on that move there >> well, i think it's very interesting that in 2015 the ceo of instacart said that having employees they could train and do the work of selectors inside those stores was good for their business model however, when the pandemic hit and it became -- there was more demand for selection, the training wasn't necessary so they went to an independent contractor format. those independent contractors

don't get any training as it relates to product selection when they're going into the produce departments or anything like that. they don't have any benefits either so it's just a matter of profits for instacart at this point in time and that's the reason we think they terminated all of the employee-based workers they had. >> now i understand that your union has also been involved in organizing workers at amazon amazon obviously in the fore right now during the pandemic. how is that going and what do you expect to come of that >> well, the ballots get mailed out on february the 8th by the national labor relations board, and they're going to be counted by march 29th. however, amazon has moved to try to stop those mail-in ballots,

even though there's a 17% infection rate in alabama in that area that these workers are in we think the safest way is to do the mail-in ballots. and we think that there is a strong effort by amazon to stop them from organizing and given and given the fact that amazon has seen at least 19,000 infected by covid and most of these workers are, in fact, not concerned so much about wages, but are concerned about health and safety issues with covid and what's been going on so the campaign's going really well at this point in time we're pretty excited about it, and we do think that one way or another, the workers are going to get to make a decision. we just hope quite frankly that amazon follows the national labor relations board of law and gives them a free and fair election out there in alabama.

>> big picture question for you. how has ufcw changed with the times and what do you see as the biggest challenge for labor in the global economy right now it seems a lot of workers want flexibility, don't expect the same kinds of guarantees as in the past and at least until the pandemic hit i was seeing a lot of these inflatable rafts and people handing out flyers on the streets of new york, which seems like a throwback that doesn't work the same way anymore. >> no, it doesn't and quite frankly, this is not running those kind of programs clearly, we're trying to have communications with workers about the issues of the most significant to them and those issues are health care, given the circumstances that we're under, as well as the challenges that most people have with their health care and the health care system because many times, it

does, in fact, bankrupt workers if they have to go to the hospital the other issue that we try to deal with is health and safety at the job, which we've been at the forefront at least in this pandemic both of our meat-packing food processing facilities as well as our food retail facilities where we were out in front over the mask issue, and we've been out in front over vaccinations and getting our workers vaccinated that needs to take place because these are transmission points for the virus. it would be good for society and it would be good for those workers as far as making them safe. >> part of what i'm getting at too though is that increasingly, the workforce, even the workforce that would unionize is not in the manufacturing location, not in a whitearehouse people are working from home and it seems easy to organize and get consensus when people are

physically together and when there's an individual location, to sort of gather around how about a way you're satisfied with >> okay, so an example we have, in fact, done organizing this year even in the pandemic by using some of the same tools that people are using to work from home, but the challenges have been in some companies that have high-tech capab capabilities, they've been looking under their facebook pages and other information to sort of thwart that activity but we still have been successful we have digital platforms we operate off of today and virtual organizing campaigns which were not available to us probably five years ago that this union has, in fact, sort of instituted, incorporated and

made it a part of our day-to-day activity >> i'm curious as we think about those headlines and everything you're describing right now, if you think that this moment is going to be a tipping point in terms of having more tech workers unionize, both people's and engineers offices, is that that moment? >> i think that there is this moment in our society when people are starting to question whether or not unfettered capitalism without any sort of concern towards the workers going forward is a fair system and look, i want to be very clear. i am very much in favor of profits for companies and for those, very clear about that however, i would say that as people do take risks in the market, whether or not it's in the labor market or on wall

street, they should be rewarded for the risks that they take and i think that has been the challenge during the course of covid-19 people were forced to take more risks. however, they did not necessarily benefit from the risk that they were having to take and i think that's the reason why we're starting to see some of these folks more interested in unionization than they may have been in the past >> well, marc, this is going to be an interesting topic we'll continue to follow as you work with your members. thank you so much for joining us. >> thank you so much for having me today >> as john said at the top of the hour, blackberry surged to stop the year. 30% gain, settling its lengthy patent dispute with facebook that resulted in some of the gain this year don't go anywhere. we're ckn montba ia me

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during the pandemic. of course, theatres have been closed across the country. now, this should allow the company to continue operations in the early part of the year before theatres start to open more broadly don't miss amc ceo adam aron on "closing bell" later this afternoon. guys something trading to the downside, julia, is intel. it is down about 3% back near those levels where it was trading before intel on the 13th announced the ceo from bob swan to pat gel singer it looked like potentially a big pop and earnings where the numbers were good but said they're not going to outsource manufacturing and investors hoping for a short-term pop seem to be disappointed >> we'll see what texas instruments says tomorrow night, john, as we start, obviously, what we've said, the busiest week of earnings season and tech is going to be a big part of that

we've talked about the price action on these volatile names short interest is high and as we said today, kind of revolves around names you'd expect to see. deceleration and comps albe albertson's but whirlpool names that did very well at the beginning of the pandemic and just keep an eye on gme now resumes trading with close to 50% gain what a day let's get to the judge carl, thanks welcome to "the halftime report." a mania like we've rare le seen in the stock market. the reddit-induced short squeeze, meteormeteoric gamestop at the forefront. not the only one though. the latest on what's going on and why, more to your money. huge week ahead for earnings 13 dow components. apple, microsoft, facebook all reporting in the coming days we'll get you all set up for that too with the investment