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happy tuesday and welcome to "squawk alley. i'm jon fortt. carl's got the morning off ahead, turning the page, microsoft a potential deal with discord and intel's new ceo pat gelsinger telling a turnaround story. what he needs to say and finally "squawk alley" takes to the clouds cloud players ceo joining us later this hour on the stock's meteoric rise and where it goes from here. first breaking news out of pfizer we have that, meg tirrell. >> reporter: jon, pfizer announcing a human clinical trial of a bill for covid-19 the early stages phase one clinical trial but an oral anti-viral drug targeting this virus known as a protiase implicater, successful in

treating hiv and hepatitis c and the kind of drug dr. fauci talked about we need for sars-cov-2 the chief scientific officer saying in a statement here "we've designed this drug called pfo71322, first sign of infection without require's that patient's hospitalization or being in critical care it's a pill. another inhibitor given by iv. the early stages of these drugs. the hope, showing positive results, move through clinical trials and could present a new option for treating covid-19 this the early start deirdre? >> thank you continue to track it for us. mean fooimfooim -- meantime, microsoft in a deal to further

bolster software and services side of its gaming business. where we start with "new york times" tech columnist, and kevin thanks for joining us. >> thanks for having me. good morning >> kevin, i've seen reports that amazon and some others were potential buyers as well, in talks with discord is microsoft the best fit or the most likely fit given its cash pile and lack of antitrust scrutiny compared some of the other tech giants? >> i think microsoft is a pretty obvious choice here, if discord wants to sell. a pretty natural fit they've got lots of gaming investments. obviously already a big space for them they've got actually microsoft teams is maybe the closest product they have to discord in terms of its functionality and i can totally see them bringing in discord and sort of integrating some of its features into microsoft teams, trying to make it a sort of hybrid gaming

sort of break out of the gaming sector and into the larger workplace chat sector. >> so what does that do to teams then do they both exist or is that a full integration >> i think they would probably both exist businesses are pretty set on using microsoft teams at this point, but a lot of features from discord that are pioneering cutting-edge features that don't appear in a lot of competing products yet microsoft has sort of a mixed track record on gaming they did buy a mixer a streaming platform and shut that down last year so there are gamers worried discord might end up in a corporate limbo. i don't think that's probably likely. >> kevin, mixed -- mixed on social and chat apps as well right? can't help but think about skype how it gave up market share in the video space. discord really given the best chance of growth with microsoft given that spotty track record >> if they leave it alone they

will if they try to make it, harmonize it with all their own apps and enterprise offerings it could get messy. they have a good track record buying things like "mine craft" and leaving it alone. >> do they really need to leave it alone seems microsoft is trying to figure out its broader gaming ecohistory like many other companies's made that semiplay for tiktok you see them buying a publisher. we know when they talk about azure and xbox live and the whole community aspect of what they're trying to do, that that's the focus of theirs don't they need to really value this for the 140 million monthly users and somehow leverage that into the broader gaming community they're trying to build? >> yeah. i think that's a great point discord is the entry point into gaming for a lot of people they'll have their xbox or playstation or pc game going and then have discord running in the

background where they're talking with teammates, their friends, and have sort of a running chat going, but discord is moving beyond games there are discord servers for politics, for sneaker trading, for cryptocurrency enthusiasts it's really branching outside from gaming and i think that's where they have the most sort of wide-open space in front of them. >> i guess that's the question, if discord decides to remain independent, maybe they expand that way outside of gaming, if they decide to sell to microsoft, to amazon, sure a lot of people would like to have them, maybe go deeper in that direction, but is there somewhat of an either/or between this strategy bigger companies ar taking and what we see, for example, epic and roblox doing they're trying to create their entire worlds with their own ecosystems that generate enormous value and create, i guess, multi-millionaires out of creators >> i think the opportunity that

any acquirer hases with discord is rooted in the fact it's a chat diagnostic platform whether playing on a console, a pc or mobile games you can have discord running in the background a shame if someone bought discord and converted it into a proprietary chat system for just one sort of system or one set of games. >> right we should note, kevin that we did reach out to microsoft and they had no comment on this. switching gears. another story we're looking at jack dorsey's further tweet finally sold nft final price $2.9 million kevin, where are we with nfts? i always reference the junk wax era of trading cards when they just started producing so much that eventually they were, a lot of them were rendered valueless. is this sort of tweet a sign that we could be getting there i was on the website and others

are sold and a lot going just for a few dollars. >> yeah. i'm optimistic that my years of just wasting time during the work day on twitter are finally going to pay off and make me a multi-millionaire through nfts but i don't think that's going to happen. for most people not a big part of their income stream jack dorsey, his tweet the first sort of tweet, a major moment in nft history. if you're the kind of person who collects nfts maybe this is your version of paul revere's midnight ride, a historical event you want to own a collectible of i think most people -- i'm going to try selling a couple of my tweets but might get enough money to buy a coffee or something like that. >> let us know. >> and antiques road show for digital vitreous there's an endless amount -- talking how much data is out there on the internet.

almost and endless amount of "stuff" that could be backed by an nft i imagine a bunch of stuff will have value we don't see the value now but somebody tweeted something, nostradamus-style people go, oh, wow. isn't that amazing how do you think this economy develops and do we end up looking back on this time, perhaps as the start of something maybe not as monumental as some people hope now, but something important >> i think there is potential for something important. i think there's a lot of nft stuff out there that is just silly. it's just pranks and stunts and fads but i think the underlying concept is pretty interesting. i mean, for artists, for musicians, for creators of all kinds, maybe even for journalists, it's a way to sell directly to your audience and to create scarcity in the marketplace, which is what gives off-line collectibles their value. there's only one of them

until now that's been impossible on the internet. anything could be copy and pasted infinite number of times and created exact replicas with nfts you have a way to stamp something original one of a kind thing and i think that's valuable to some may not replace trading cards collections but could be an interesting side business for some people. >> kevin, as you were talking i looked on this platform. valuables, seeing what's sort of the most popular tweets knop surprise here. a lot belong to elon musk. $1.1 million offered for his song about nft as an nft tweet but i wonder where do you think the most opportunity is as we've talked a lot about nfts in the art world and picking up momentum for artists as well, musical artists. do you think these are sort of the industries that it's really going to transform what else is out there >> i think it will transform art and music, first that's sort of the easiest place

to imagine it making an impact i think people who support nfts and are promoters of them think this will be used for all kinds of stuff like the title to your car they think that's going to live on the block chain rather than on a piece of paper in your glove box. that's the future they see for it i'm a little more skeptical of that but think there will be a lot of creators who take a hard look at this as possibly a way to sort of monetize their engagement to sort of take power away from the platforms they've been using and sell work directly to their fans >> right i think that's where it's getting interesting. when it's tied to sort of physical goods, in the real life kevin, finally i want to get to your new book you just published. "future proof: in the age of automation." very timely. i like how you talk about how dobb human again and stay ahead of the machines. do wonderful and meaningful things that only humans can do right?

>> yeah. i mean, for the last several decades we've been training people for the future telling them learn how to code, major in engineering. become an efficient, optimal, productive workhorse to turn themselves into machines, and when i spent the last several years talking to ai experts where all the technology is going and what kinds of people it's going to replace. they told me we should be doing the opposite teaching people to do uniquely human things only they can do and ai can't replace the book is a survival guide for the age of automation. that's what the book is attempting to do. >> how does that advance how do they take that into account when building ai all algorithms and sample sizes it takes from >> yeah. i mean, ai is transforming the workforce. i think that's sort of the great untold story of the last year.

during the pandemic automation raced ahead in big corporations at a rate it has never gone before we sort of went forward a decade in a year, where automation and ai are concerned i think a lot of workers will have to confront this much sooner than they thought not just factory workers and blue collar workers but white collar office workers, people in finance, people in consulting and accounting so the moral implication of all of this is not really what's on corporations' minds. they want to do more work with fewer people >> uh-huh. okay, kevin, thanks for being with us on a range of topics this morning from the "new york times." >> always a pleasure. a quick programming note don't miss patrick gelsinger right here tomorrow, 11:00 a.m. eastern. as we head to break, up more than 230% in the last year talking outlook, growth and more

with ceo cloud player right after this break ayitus.

cloud flary nounsing a new service called browser isolation protecting against security threats. part of the company's efforts to expand network security offerings as cybersecurity continues to be an issue joining us, cloud player ceo matthew prince good to have you back. this is interesting, because

browser isolation, when i first read that title i expected, oh, this means that the browser's isolated from the rest of the workings on a user system, but, no actually the browser's functions are in a way running in the cloud so that it protects the user's system overall from ever having to deal with some of that interaction. tell me how this evolved >> that's exactly right. the browser itself is the stuff of a cio's nightmares. literally every time you get to to a web page random code downloaded to your laptop and run there. so the risk is that when that code is running locally, if there is some sort of vulnerability, that then then potentially gives access to that local machine, which is one of the ways that hackers then get access to corporate networks so by moving that actual code execution out into cloud play's network, it means that code isn't getting downloaded into a corporate environment and that

keeps our clients safer. >> how does this interact with mobile device management, device management in general? because so much work is done in prowsers now if i'm an employee i have questions about everything doing on this machine is in a cloud somewhere. how easy is it for my employer to sort of audit everything? to what degree is there a danger that people are not going to secure their work, because they're concerned about monitoring >> i think that this is something that every company is going to set their own policies around, and companies need to be transparent and clear with their employees, but our priority is to make sure that our customers have the tools in order to ensure that their workplace can be safe, and when employees are doing work on work computers, to make sure that that isn't getting hackers or other vulnerabilities on those machines that could compromise businesses

>> matt, good morning. it's deirdre i wonder, why haven't google and microsoft, firefox, the browser parents, figured out security solutions? why does it fall on cloudflare and what other opportunities to swoop in and do these escalators of security? >> one of the things really powerful what we have at cloudflare is and extensive global network where we're running in more than 200 cities worldwide and built that network with the flexibility to literally be able to run a browser in the network itself. that gives us a unique ability to solve this problem in a very disruptive and different way than the traditional approach of running that software locally. google, apple, microsoft, all do a great job of controlling the code, making sure that any vulnerabilities are quickly patched, but what we hear from our corporate clients is, it's incredibly difficult to stay up to date, having to update that

software all the time on every employee's laptop. technology like browser isolation ensures you're always getting the best experience from a browser and that code isn't going to create a risk locally on a, an employee's laptop >> right matt, more broadly, feels like the conversation over the last few months has really shifted to looking at these back doors within our own company's software. whereas over the last few years we've talked, at least heard a lot, from the previous administration about the threats from companies in china like wawa and zte have we been focusing on the wrong thing and are we finally focusing on the right things, which is our own companies do we overestimate the threats coming from abroad versus the ones sort of right in front of our faces? >> i don't think that it's an either/or between those things i think there are threats from industrial espionage and also

threats from hackers simply trying to steal a company's money or a compromised personal information that they could use in one way or another. so the way that we think about security is, almost like bulkheads in a ship. you want to make sure if there's a leak somewhere it doesn't compromise the entire ship and that it can be contained some of the technologies cloudflare has, zero trust sluices and browser isolation product, help make sure no matter what the threat is coming from, a 15-year-old hacker kid or a national government, that we can help protect that, isolate those threats and make sure that our clients can be as safe as possible. >> talking about technology. put on the management hat for a moment, if you don't mind. what has happened to the velocity of cloudflare's rmd o and based on that, plan for employees' return to the workplace, to the same physical

locations? you know, agile processes. how much has changed and how much is going to be back in-person? >> you know, i think what i'm really proud of is the rate that cloudflare has been able to continue to innovate throughout what has been a real change to our business e were used to be a company where people showed up to the office and the purpose of the office was, it was the place you went to go to work and a little over a year ago we made the call that we would shift to an entirely remote workforce and it was incredibly xarpy this time of year because we thought innovation might slow down and sales cycle slow down and i'm incredibly proud of our team to step up and thrive during this time one thing that motivated our team, one of the defenders of the internet and never needed the internet more than this time and our team is empowered by that mission going forward, no matter what i

don't think we'll forget the lessons learned. not sure exactly what the pfutue of work looks like thousands of experiments run by thousands of companies figuring what a more flexibility work environment looks like i'm optimistic to be a better company, continue level of productivity, create a more diverse team and that is actually what helps us survive and thrive over the long term. >> what happens, i wonder, to bottom-up ingenuity and serendipity of teamwork when you've got smart people maybe from slightly different disciplines in the same space. one has an idea. someone else feeds off of that that's one of the things i keep hearing is just really hard in this environment, where you don't just sort of bump into somebody and have a conversation that sparks an idea. you got to schedule a meeting on your, on your, you know, chat apple choice that's awkward is that an issue >> it's something we think about and worry about a ton, and we're

trying to figure out ways that we can bring that back i don't think we're going to go away from offices entirely, and about 10% of our team really wraun wants to be in the office every single day 80% of the team says i want to come in sometimes and opportunities around serendipity and to interact with others. and then 10% say i not only want to come in when i absolutely have to. we want to be a more flexible workplace and looking at ways to use technology to help re-create some of that serendipity basically a water cooler app people can sign up for and then randomly it pairs you with other people on the team that's worked out really well for us, but i think we and almost every other company on earth is going to experiment with what works going forward, and, again, i'm proud of our team for how productive we've been over this period of time and i think we've learned a lot and i think it's going to make us a better company. >> trying to figure it out, too.

matthew prince, ceo cloudflare thank you. >> thank you. checking in on shares of snow initiated at buy over at ubs. price target $275. firm bullish on snowflake's growth, despite mass eluiovaatn. "squawk alley" will be right back stay with us. for you. obile has plans bt switch today and get 2 lines of unlimited and 2 free smartphones. plus you'll now get netflix on us. all this for up to 50% off vs. verizon. it's all included. 2 lines of unlimited for only $70 bucks. and this rate is fixed. you'll pay exactly $70 bucks total. this month and every month. only at t-mobile.

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♪ welcome back here is your cnbc news update at this hour. a 21-year-old charged with ten counts of murder and killings of ten people at a supermarket in boulder, colorado. victims age 20 to 65 the governor of colorado promising a full investigation and says this tragedy will not be forgotten. >> we can't let ourselves ever

become numb to the pain, because we simply can't let this be accepted as anything close to normal occurrence. u.s. postal service proposing a slowdown in first-class delivery speeds trying to lower costs. part of a ten-year strategic plan to reduce $160 billion in losses over the next decade. and the chicago suburb become the first city in the nation to offer reparations to its black residents for discrimination and lingering effects of slavery first papers of $400,000 with millions more pledged in coming years. you're up to date. that's our cnbc news update for this hour. more "squawk alley" in just a moment.

welcome back intel became a giants ruling the roost in pcs the market expanded to mobile cloud and graphics intel struggled lately as rivals like amd and nvidia surged and customers like apple turned to its own chip designs can intel crime limb to the top again? the new ceo says it can, a splash after telling its staff to deliver better products than "that lifestyle company in cupertino. recently saw i'm a mack, throws shades at apple m1 chips speaking to investors in a first public appearance at ceo later today and will join us in a first on cnbc interview tomorrow

first broadcast interview since taking the helm. deirdre, when i think about pat's task ahead, i think about two tech turnaround presidents apple and microsoft. and with apple, steve jobs game back and really simplified apple's product vision, clarified its culture and maybe most important, well, equally important, elevated certain talent you know, we think a lot about johnny ivan think be what apple has done over the 20-plus years. johnny was there before apple came back but didn't have the clout achieved we jobs and jobs brought in new talent from next, also new code. i don't know if that's applicable in this sense, but i think pat gelsinger's return, the kind of talent who he elevates, the type of talent perhaps he brings in, and the way he clarifies intel's mission might be interesting.

>> right it's still going to take time, jon. on that front, does intel already have that talent or have they left over the last, you know, years that we've really seen intel sort of decline as this manufacturing giant. do you think he can draw from talent inside the company or does had she to go outside >> i think a little of both. pat didn't leave intel on exactly the best, under the best circumstances. i think intel could have shown him more respect on his way out. i think as he comes back, he's clearly a proven leader at a different level. and i think there are probably other people maybe intel veterans, others, who he could bring in the other turnaround precedent i think about is saatchi in -- saa nadella. i thought, see how he completely shakes up the executive ranks right out of the gate. let's see what he does and he didn't do that right out

of the gate. his impact was more on the multiple that microsoft got, as he expressed the vision very differently than previous ceos had. it wasn't microsoft versus everybody else it was more, microsoft as a part of his broader vision of cloud, of enterprise focus and where the consumer fit into that and giving people, giving developers what they want to use. that embrace of open source, which is very different from what microsoft had tended to say before intel in a similar position. in the past kind of intel's way. what flavor of x-86 would you like i wonder to what degree that changes if at all with pat gelsinger. >> the fact you compared him so early on to steve jobs, satya nadella sounds like a vote of confidence. >> wait. whoa, whoa, whoa i'm not saying he's steve jobs

or satya nadella i'm saying those are the turnaround presidents. those turnarounded worked's in so in what ways do though structures, formulas, apply to intel's situation is all i'm saying. >> fair enough. but we can't forget the previous intel ceos that weren't quite successful i like your comparison, though, to, you know, the -- the employ that comes back and perhaps has something to prove i know that you've known pat gelsinger a long time and even suggested he might be a good fit for this job years before it was official the question i keep coming back to, jon, is -- the outsourcing of production of the chip how important is that? we don't have a lot of detail. on one hand, reddit could close that manufacturing gap that has let amd pick up so much market share over the last few years, but it's opposed by some investors. notably dan loeb and raises some

national security concerns right? the where does he go seems like he can't win here. >> well, there's often a way to win. i think to some degree, the ground that intel has given up in process technology has been overblown a bit. i first got to know pat gelsinger and became aware of him during something called idf, the intel developer forum, where he was like the main chief technology officer voice explaining the progress of intel's tiktok strategy. you know design shifts, design advances followed by process technology, fab advances what pat has signaled so far is that they're not entirely giving up the fab strategy, that he thinks that can continue investors first a little disappointed about that. the stock action over the past weeks suts they've gotten over it now maybe see more meat on the bone and get a sense what the overall road map is going to be. so a very important message

today, and then we'll have some very important follow-up questions go deeper tomorrow don't miss that, pat gelsinger, new ceo of intel joining "squawk alley" tomorrow in his first interview since taking the job that's at 11:00 a.m. eastern. now as we head to break, it's more than 7,000% off its lows of the year can the run continue post-earnings? breaking down what to expect from gamestop, next. in boxing or any other business, one day, you're gonna take a hit you didn't see coming. do you stay down? or do you get up? [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪

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gamestop making headlines again today. kate rooney has details. kate >> reporter: hey, jon. gamestop announcing mother executive departure this time the chief customer officer frank hamlin is stepping down. just a month after gamestop's cfo said he would resign the shake-up is the latest brought on by chewy founder cohen who joined the gamestop board in january and now the biggest shareholder. tapped to lead that company's transition to ecommerce. gamestop reports earnings after the bell today giving analysts and the company's loyal online followers a look under the hood at this year's performance. but analysts don't expect much to have changed at gamestop in the quarter, despite that 900% rally in the stock there are only six analysts covering gamestop. none with a buy rating look at the average price target $14.64 the stock this week is trading

near $200. even if gamestop had a blowout quarter, web busch's michael pachter says nothing you could say to justify what's going on with the stock analysts expect a slight boost from the holiday season and gaming console sales and return to profitability in 2021 meanwhile, on wall street bets, a reddit forum that sparked the short squeeze in january, that is buzzing this morning ahead of earnings, and there's a dedicated thread for the earnings call. excitement about that call is definitely something reddit and wall street are agreeing on. executives have not commented so far on gamestop's volatility or their decision to not offer secondary shares, which amc, of course, did. both sides are waiting to hear more details about ryan cohen's digital strategy guys, back to you. >> kate, really comes down to ryan cohen doesn't it he's become like the elon musk of gamestop, at least in the

sense that, yeah the analysts are right the results sort of don't matter in the sense there's nothing they can say to justify what's happened based on fundamentals in a way, that's freeing it doesn't have to paint visionary pictures how gamestop aims to change the world and maybe that's going to be enough for the people who want to, who like the stock. i should say that. >> so interesting. elon musk comparison is something that came up with analyst calls this week. i talked to a few folks who said he has the same influence over the stock price. he's tweeting cryptic things like that mcdonald's ice cream cone the comparison, tesla, a new start-up ev company. gamestop a brick and mortar game company. completely right on enthusiasm about the founder or a board member coming in they compare apples to apples and say gamestop, even if the best case scenario happens, able to turn around all of those stores don't see the same upside

a $15 price target the $30 price target highest on the street now but so much cohed his ability to turn that company arou around. >> i laughed when you showed that $14 and change mwho cares? nothing to do with analysts that cover the company. what does reddit expect? excitement on the wall street best bets forum is it possible we could hear from ryan cohen himself? jon alluded to he's been tweeting will we potentially get an answer what the ice cream cone means if anything? or the "dumb and dumber" dip >> if you could put a target on wall street bets and what they're seeing, it's the rocket emoji. so much enthusiasm about this stock and what's going on. seems like you said. to be completely divorced from

fundamentals it's ryan cohen, any turnaround strategy and even their post today with headlines about executives leaving that being a signal. i think they're grasping on to anything that signal as turnaround, and making this company really a digital company. as long as they believe it, and continue to believe the hype in this stock, seems like at least on wall street bets, that enthusiasm has not gone away at all. >> kate, skeptical that wall street bets itself is necessarily having the same kind of influence it did at first on the direction of this. something tells me the other powers are, you know, either getting in behind them or pushing the other way. i wonder if you're hearing anything about whether stimulus checks would have an effect on the likelihood that a name like this would stay higher, or perhaps run higher i mean, it certainly is ammunition for at least that segment of the retail market that gets excited about this

staying at a higher level? >> it is definitely ammunition seen in the last round of stimulus, those checks went directly to the stock market in some cases it gamestop is the poster child for this retail boom and excitement about any stock with a meme culture around it, gamestop could benefit other names even tesla names, consumer names people know and get excited about, definitely evidence in the last year or so that that stimulus money has gone at least partially into the stock market and crypto. >> right they should just release the earnings report in memes and let us and redditors decipher that and wall street have a field day. we'll see. coming up after the break, the ai competition heats up. the heels of a new $1 billion valuation. that's coming righaft ter the

break. "squawk alley" is back in two.'5 plus you'll now get netflix on us. all this for up to 50% off vs. verizon. it's all included. 2 lines of unlimited for only $70 bucks. and this rate is fixed. you'll pay exactly $70 bucks total. this month and every month. only at t-mobile.

12-year-old start-up data minor announcing a new funding round this morning taking its valuation to over $4 billion the company pulls data from public data sources like social media and sensors to do supply companies like citi bank and the

ceo is with us this morning. thanks for being with us. >> thank you so much for having me. >> what interested me at first was sort of a mix of investors in this round, and fairly diverse. one was eldridge a firm that owns the l.a. dodgers and makes sports investments. i wonder, is this where you see sort of future opportunity what are those does that potentially extend to the sports betting space >> well, data miners customers really are in two main buckets, large, global, multi-national corporations and public sector first responders large, global enterprises and dozens of different sectors including sports, for example, half of the fortune 50 rely on dataminr's signals every day, ranging from aig, a large insurance company to goldman sachs, a large investment bank to, as you mentioned, a big

global corporation like shell. when an unexpected event happens in the world, we are able to warn our customers with the earliest signals on breaking events and critical, emerging information. >> another investor this round, reinvent capital, that's mark pinkus and hoffman's firm that has done three specs so far. is that something they offer instead of a series f round? >> as you can imagine, in this type of environment, deidre, all entrepreneurs have to take very seriously the hot nature of the public markets but for us, we decided to pursue this growth capital round for three main reasons to accelerate the growth of our corporate business line, which doubled in revenue growth now three years in a row to internationalize, to extend our footprint and to expand the

ai platform. spaking and many other options are definitely on the table for companies like ours, but we really think public market investors are really waking up to just how promising ai and big data companies are, so we're really excited about an ipo. to be clear, an ipo is on the horizon for us we're targeting 2023 this capital round determines pre-ipo round. >> you just talked about how hot the markets were and you say that investors are just waking up i mean all evidence shows, you look at snowflake, you look at c3.ai, they are fully awake. why not take advantage of the moment why push an ipo all the way to 2023 when you just said it, the markets are so hot and receptive to software and ai companies right now? >> yeah, i mean, look, ai and big data companies like the one you mentioned, c3.ai, a great

example, palantir, these are companies that have really unique fundamental qualities, exceptional growth margin profiles, great long-term profitability potential. for us, in our trajectory investing in the areas i mentioned over the next couple of years is going to put us in the best position for an ipo i'm long sighted we are building a company for decades to come. just rushing to a hot market is not our goal our goal is an iconic global company, and for us 2023 just makes the most sense. >> it is an interesting point that you make, and i wonder how you differentiate or i guess i would say help others, investors, potential investors differentiate between you guys, c3 and palentir. why don't you run into each other and why isn't this a zero sum game >> yes so stepping back, dataminr's

mission is to integrate all available public data signals to create the world's first real-time information and event discovery platform for businesses and public sector organizations. so in a nutshell what does that mean 24 hours a day, 365 days a week, we're discovering events by detecting information in public data a company like palantir takes external data. a company like c3.ai is an internal solution that brought internal to a company. dataminr detects trends and information in external data we discover signals outside the scope of a public sector enterprise and bring those organizations that signal. in that way we are just differentiated in the ai space, in spite of all of those companies have very

sophisticated ai platforms. >> so strategically, what are the most important platform relationships that you will need to form to see that your vision of what is important in big data plays out? is it the mega-scale cloud providers? is it the data platforms that are interfacing with those, you know, the likes of snowflake what are the most important relationships? >> those are great questions i think, you know, for us we now integrate over 100,000 different public data sources, and those are very diverse so they range from broad, global social media platforms to regional social media platforms to media, to the deep and dark web, to iot sensors. for us, partnerships can play an important role and we do have some deep partnerships with critical platforms like reddit, you just mentioned, and twitter. but for us, keeping up with the information landscape -- in other words staying out ahead -- is what is most critical

when i started the company, believe it or not, 95% of the data sources we integrate today didn't even exist. as i look out ahead to 2023, i think most of the data we'll use then doesn't even exist yet. so for me it is always about being one step ahead. >> right. >> and partnering for the future >> at the same time, ted, you run into more privacy controls, that that conversation will have to wait for another time we are out of it but thank you so much for being with us, ted bailey. >> thank you. >> dataminr, ceo john. >> don't miss intel ceo pat gelsinger on "squawk aeyll". first broadcast interview since taking the helm. we will be right back. stay with us get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision.

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how'd you come up with all these elaborate backstories?

glad you asked. i got help from a pro. my financial professional even explained how nationwide solutions could help mr. paisley retire early. and spend more time with his pal, peyton? right? i'm glad you feel that way. you know, deidre, as we head toward noon, i'm watching zoom and netflix. they're both those stay-at-home plays, both up more than 3% today. but to talk about zoom specifically, it has sort of been in this -- i don't know if you can call it a range between 300 and almost 600 it is back around the 300 something level now. it will be interesting as a barometer to see where the market takes it. >> i covered zoom's last

earnings report and it is a company that is set up to keep winning post-pandemic with these sort of hybrid products like zoom room and zoom phone, but it is down, to your point, john, nearly 20% over the last month it kind of tells you what has been going on in the market this year, these momentum names from last year really are hitting some challenges this year. >> yep well, with that let's get to the half ♪ ♪ john, thank you very much. welcome to "the halftime report." i'm scott wapner with breaking news this hour the fed chair set to testify before the house finances committee. we will go there once the q & a gets started in meantime let's bring in headline guest, eminence capital founder and ceo rickie sandler he was with us a year ago as stocks were plunging he was buying and today he is back with us on what he sees now in the markets welcome back it is good to see you. >> good to be here, scott. thanks for having me. >> you know, we've obviously come such