welcome to allstate. where our new auto rates are so low, ♪ you'll jump for joy. ♪ here, better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. it is 5:00 a.m. at cnbc. here is your top five at 5:00. stocking hovering below record highs as senate makes roads on the $1 trillion truckinfrastruce today. all the buzz words amc embracing meme stock media tipping its hat and bitcoin along the way. covid still getting the headlines. is there a new health threat looming? one hitting kids we're going to talk more about

it this morning. a big deal for barstool. in talks for streaming live games on its platform. say it ain't so. they are anxious in the hamptons as the bubbly appears to be running on empty it is tuesday, august 10th this is "worldwide exchange. good morning, good afternoon, good evening. welcome from wherever in the world you are watching i'm brian sullivan more on all of those stories ahead. right now, let's get to the markets and your money and how things are setting up on this tuesday. we're not seeing a big move in the futures market this after stocks did fall fractionally on monday a mixed trade. dow futures down a touch nasdaq futures up a touch. let's get to crypto.

crypto has been the hottest market of all in the last couple of days and weeks. ethereum up another 5% on monday and up again right now .60% watch a bit coin it broke back above its 200-day moving average could be a positive technical sign certainly something to keep an eye on with bitcoin and over $46,000. ethereum over $3,168 oil had a terrible session yesterday. we are up again to $67.91. concerns about china and oil and rising u.s. dollar hit wti yesterday. it bounced back a bit. crude oil to under $68 that's what is happening here. let's find out what is happening around the world trading in europe is under way let's get to the trade with

julianna tatelbaum in london good morning, julianna >> good morning, brian here in europe, we are off to a fairly muted start generally european equity markets are trading higher we have come off the highs of the morning. as you see here, green for the majority uk being the exception ftse 100 trading down 0.1% nothing major. sugg august is a slow month for traders on holiday worth noting we did see out performance relative to the u.s. yesterday. the stoxx 600 at 0.156% higher than yesterday the majority of sectors trading higher bouncing back after under performance. on the down side, banks and autos and retail trading below the flat line. a few key corporate stories this

morning. let's turn attention to it now softbank with a 39% fall in first quarter net profit the group's tech investment vision fund with a profit over $2 billion on china, the softbank ceo wants to wait and see the regulatory action will have on the stock market once that becomes clear, they will resume active investment in the country. meanwhile, hello fresh, germany meal kit jumped in the second quarter as year on year growth in the core u.s. market grows 62%. in the travel space, ihg hotels returned to profit in the first half holiday inn brand looks to cut costs. those are the key corporate stories this morning in europe brian, back over to you. >> all right julianna, thank you very much. i appreciate it. see you tomorrow morning right now, let's get some of

the morning's other top stories. including potentially a new bid for a train company and maybe the ultimate win for one mr. dave portnoy and barstool. bertha coombs is here with more. what is happening on this tuesday morning? >> good morning, brian boston fed area president is adding his voice to the growing number of central bankers saying the fed should dial back the extraordinary support for the u.s. economy by this fall. speaking with the press, hawks said it should reduce the $120 billion bond purchase in september. and canadian pacific is boosting the offer for southern. that makes it a battle for the canadian national railway. the board met yesterday to authorize a bid to authorize at $300 a share price or $27

billion. the journal adds there is no guarantee canadian pacific will follow through with the bid. and "the new york post" is reporting that major league baseball is speaking with barstool sports of having games streamed on the site's platform with the partnership creating a new broadcast with the focus on in-game gambling according to the report, the talks started recently and agreement is not a certainty the mlb currently has national tv deals with fox, turner and disney's espn. brian, i have to think if you are pete rose, you are scratching your head at this >> it really is amazing. we have seen how this is going to go. sports betting is legal in so many states. intersection of media and gambling in-game stuff

it is hard one mr. pete rose has got to be like really? reinstate me >> if you don't know who pete rose is, if you are too young, google it, kids. he is one of the people at this point never will enter the baseball hall of fame because of gambling allegations >> yeah. correct. by the way, i'm looking at the standings here you're a red sox fan four games out of the top. tampa bay. you are still in it at least bertha coombs, see you in a few minutes. >> yeah. >> you've won a bunch in the last few years i'm an angels fan. bertha, thank you. let's switch big news on capitol hill as the senate prepares to vote on the bipartisan infrastructure package. chuck schumer locking in a deal to hold the final vote at 11:00 a.m. eastern time today.

it needs a simple majority to pass it is expected to get that and maybe more 19 republicans joined all 50 democrats in voting for support of the bill. it was senator lindsey graham's return to the floor today could tick higherby one. and let's get the latest on covid with tracie potts from d.c. >> brian, good morning this delta variant is making things worse, not better the u.s. now hitting new milestones in some areas which are critically short on resources to deal with it. covid cases hit a new high 36 million rising in every state. florida hit a daily record for the third time in a week >> it is overwhelming our staff. >> reporter: in hospitals, critical care beds running

short. in houston, six available this week in a city of 2 million people estafani lopez's daughter had to be air lifted miles away. >> it was overwhelming and heartbreaking. >> reporter: the pentagon will require covid vaccines for service members by mid-september. in a statement, president biden said he strongly supports the move to ensure force readiness >> the federal government should get out of our lives >> reporter: florida's governor. >> no restrictions and no mandates in the state of florida. >> reporter: as schools reopen today. >> we have one ask wear a mask. >> reporter: some are requiring them anyway. there is concern of covid cases among children up 84% last week doctors say some of the kids were otherwise healthy

brian, here on capitol hill, as the senate takes up infrastructure, they will immediately after that take up the $3.5 trillion what democrats call human infrastructure bill on health and education and environment. the house set to take up both next month >> tracie potts in d.c tracie, thank you very much. good morning appreciate it. a lot more to do on tuesday morning when we come back. we will layout the good, the bad and ugly with the latest round of earnings. plus, a leading new york city doctor says shaming people into getting vaccinated is the wrong approach and why it may disproportionately hurt communities of color. and as more companies delay or shelf return to the office plans, we get a closer look at hybrid work force. we will talk to the ceo of avaya to see what the work force will

look like. stick around

welcome back time for the big money movers. three key stock stories to watch right now. stock numberone. the real real. revenue missing forecast the gross merchandise volume nearly doubled real real started at-home appointments exceed ing pre-pandemic levels.

stock number two another reopening play planet fitness shares are lower as the chain swung to a profit in the second quarter on an increase in new memberships. the company expects to open 75 to 100 new stores this year and accelerating plans to expand in mexico stock three. the maker of textbooks and online learning materials with better second quarter results. chegg with full year revenue guidance that tops the estimate. chegg up 3%. let's talk about returning to work and work force work from home work from the office really, work from anywhere avaya wants to make it all possible joining us in a first on cnbc insight for the hybrid workplace is jim cherico

ceo of avaya jim, good to have you back on. five consecutive quarters of increased year over year revenue growth congrats on that you are the work from anywhere true plays out there what are you seeing? what is your sales force selling to give us insight into how things may look over the next 6 to 12 months >> sure, first of all, good morning, brian thanks for having me back on i appreciate it. when you look at the numbers we posted yesterday, exceeding street expectation and raise guidance an. thankful for the global team for delivering results we are executing on strategy for growth for the company for five consecutive quarters we are moving significant amount of revenue to cloud and remaining profitable if you take a look at the

demand increased demand across every one of the large business segments the world's leader in large enterprises forsoftware and contact center we are helping customers through the digital transformation journey. probably arr, up 275% on annual recurring revenue. that is led by the adjusted hybrid work model. we are continuing to see an acceleration of our customers really focusing on the capability to provide the experiences for their employees from a work from anywhere model. we are seeing an increase reliance on our technology and we're seeing that shift from cap x to op x which is moving our business forward we are excited what we accomplished and more importantly the opportunities in front of us. >> it is a year ago, jim,

talking about people never going back to the office now we see articles that ceos want people back to the office by the way, our rbi later in the show talk about which cities are going back to the office what will it look like in a year will it be 100% back to pre-covid the way it was how is the work force of the near future anyway, jicm, going to look? >> i spent a lot of time with our customers and we did a survey of 300 largest customers. right now, to each and everyone, no one believes we will go back to where we were 18 months ago at the same time, i do believe there will be a hybrid model they all believe there will be a hybrid model folks will be in the office when and if they're needed. the capabilities that were provided to our customer base around this move to work from

anywhere is permanent. you are seeing what was, you know, technologies hyies emergi months ago are driving i don't think we'll ever go back to where we were 18 months ago i do think we will see more of a hybrid work environment. >> you make the deal ct integrations buying a call-in center what does that deal give us as far as clues to the direction of your own company by the way, jim, speaking of that, maybe avaya are watching or listening what is your work force going to be doing this fall >> we're all working from home our technology enables us to do that we are a hybrid model before the pandemic we have the capability and technology in order to do that that integration is a unique

acquisition for us it is an opportunity for us to accelerate our move to cloud they have pretty unique digital capabilities to drive to the next technology and next generation that is all around composable enterprise how to deliver a better customer experience for their customers. what this acquisition allows us to do -- in the old days with a software upgrade, you have a complex and heavy one-time implementation that would take months we are able to do with our software and our advancements and public cloud offers is we are able to take that and do it department by department faster and more efficient and with the ct integration with the digital capability focusing on the customer experience allows us to do it more efficient and faster than the competition.

it is a significant acquisition. >> jim chirico of avaya, thank you for coming on. nice and early hybrid model that's what the hybrid model looks like at 5:15 thank you, jim thanks have a great day >> you, too. thank you, brian you're welcome so much left to do on this busy tuesday. on deck, box office bitcoin. a legendary super car may come back and a hybrid. and it wants you to do a casting call the totrdi sri aadp enngtoeshe r but we are hoping things will pick up by q3. yeah...uh... doug? sorry about that. umm... what...its...um... you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools

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welcome back to "worldwide exchange." i'm frances rivera breaking overnight hundreds of residents forced from homes after a condo deemed unsafe by the city of miami. 5050 northwest 7th street across the street from the airport. this is weeks after the surfside collapse killed more than 90 people the condo has 137 units. city officials are working to relocate residents. severe storms canceled 300 flights at o'hare international airport as thunderstorms capable

ever of producing a tornado barrelled through the area a ground stop was issued several tornadoes touched down and one twister on camera in burlington, illinois. according to the new york post, a champagne shortage hitting the hamptons demand has been higher this year with more people hitting the beach and labor shortages during the pandemic brian, some people are having to resort to fly in bubbles on a private plane, cases of them, mind you, to get their fix if not, you have to use the back up of presecco >> the end of days having to drive in your own champagne in the hamptons. all we hear is pay them more

you think in the hamptons, they could afford to do that. frances? >> if you go private for the cases. 15 cases that report said for a private party. all this weekend after weekend or during the week until tumbleweed tuesday with covid, who knows? they may be staying out there. >> everybody has been hitting the bottle what do they call rose gatorade >> pretty much it. take care. >> go ahead. >> remember, they said, champagne in the hamptons. not having it is like maine without lobsters in the summer there you go >> how do they take a bath frances, thank you >> tough life. outside of champagne wish with wishes and caviar dreams,

the top trending stories which include you. auditioning for your favorite netflix show or super car or bitcoin and "black widow. let's unravel it bertha coombs is back with more. i hope your supply of champagne is solid >> my champagne is just fine, brian. i have one right now in the fridge almost. next to it if you ever wanted to be on a netflix reality show, the service says now is the time it's unveiled a site called netflixreality.com you can submit a one-minute video to audition for the popular shows, including "queer eye" and "love is blind. show off your fabulous self. no ring light or no slam

y glam meantime lamborghini is bringing back the famous name plate countach this is the 50th anniversary of the super car. the company has put out a teaser video showing a wedge shaped mode el. the car is expected to be revealed in the next several days in monterrey. and the soda is a small fraction of bitcoin amc will accept the payment for tickets and concessions likely by the end of the year i.t. staffers are writing the code to use apple pay and google pay at some point. i didn't know that apple pay and google pay were quite as advanced and esoteric as

bitcoin. strange he lumps them together >> i know we call it a cryptocurrency i don't. why would anybody pay for anything with bitcoin or any other crypto you could end up over or under paying i have no idea why it is accepted i like crypto. i'm saying it is not a currency. >> you know, if you have a lot of liquidity and a lot of it and want to use it there are those believers who feel that is what they want. they don't want to use currency. >> you bought bitcoin cheap and made money sell it and buy it new lamborghini with it. if i use it to buy a car and then bitcoin were worth $60,000 again in six months, you know, the wild fluxat

>> the lamborghini or the champagne. >> it's anywhere you want to be. wait, that's american express or mastercard bertha, thank you. coming up next, we hit housing and a key shortage in one area of the market made one company very happy we'll talk about it and introduce you to them next sofi is a one-stop shop for your finances designed to work better together. save, spend, borrow, invest, and earn cash back rewards, all in one app. that's how you get your money right with sofi. ♪ someone once told me, that i should get used to people staring. so i did. it's okay, you can stare. when you're a two-time gold medalist,

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will the everything rally keep rolling today crypto up again as the senate seeks to solidify the $1 trillion roads, rails and bridges spending bill today. covid concerns remaining on the forefront of wall street and washington's radar this as rising cases of another respiratory illness among kids is creating challenges for medical professionals. and the morning rbi. return to the office or are people staying home? we will show you the list on "worldwide exchange. welcome or welcome back. good tuesday morning hope you are having a great start or end to your day depending where in the world you are. here is how your investments

look we are not seeing a big move in stock futures. mixed trade. dow futures down 13 points nasdaq up 19 flip a coin. really, anybody's guess how the market goes today. let's get to the top stories. what else is actually happening? including the vote on infrastructure and shares of one retail trader favorite taking back off bertha, with her champagne storage solidified in break. it's been a while. >> thanks, brian the senate is poised to approve that more than $1 trillion infrastructure package chuck schumer says lawmakers will begin voting around 11:00 on the legislation the bill is expected to pass with 19 republicans joining the 50 democrats supporting the plan marking a rare display of gop

support for president biden's initiatives. once approved, the infrastructure plan heads to the house where it faces less certain path shares of amc on the rise after the company posted a narrow loss for the second quarter. ceo adam aaron said they still have challenges ahead. he said it could post a profit as soon as the fourth quarter if the domestic box office surpasses $5 billion aaron took questions from nearly a dozen retail investors during the company's earnings call. including on whether it would ever join forces with fellow retail favorite gamestop to bring gaming to entertainment to theaters we're on the case, he said aaron will have more on the state of his company coming up on "squawk on the street" on the first on cnbc interview. most workers on wall street could see bumps or bonuses this

year bonuses could increase by double digits come parpared to last yer set to take home the biggest bonus in a decade due to the surge in deal making this year brian. all of the ipos and spacs. it has been a very busy year back to you. >> if you know anybody in investment banking or private equity or attorney or anything like that, they are printing money and turning away business because the deal environment, thanks to ultra low rates and cash is red hot. bertha, thank you. all right. to the latest in the fight against covid. cdc warning americans against traveling to several more countries. france, israel, iceland as well as thailand. texas governor abbott moving to fight cases there and asking

hospitals to again delay elective procedures to free up space for covid cases. in florida, governor de santis is threatening to withhold school officials salaries if they wear masks. and cases in the northeast are up 500%. in new jersey just over the last month. there is positive news out there. for those vaccinated, the mortality rate on the breakthrough cases is 0.001% hospitalizations .003%. how do we get more vaccinated? the next guest says we may be doing it all wrong joining us now is the associate propfessor professor. debbie, good to have you back on

cnbc it appears, not everywhere, but the way and primarily i'm talking about social media not big media, if you will, to get people vaccinated is shaming them making them feel dumb like they did something wrong. it is their health i've been fully vaccinated for months i'm saying, you believe there is a better way, particularly in communities of color, to get people vaccinated even now what would you do? >> i think that we need to focus more on encouraging people answering their questions more and getting the fda approval and having the lengthy discussions with doctors the way we are going about it is not right. this is happening in big media and social media in new york city with the mandates, i don't think people necessarily understand what is involved in the mandate. it is more than encouragement. it is actually people can lose

their jobs if they don't get vaccinated and try to report to work or people can potentially be arrested if they try to show up in social settings and don't leave if they are unvaccinated what you see in new york city that by percentage, a lot of the people unvaccinated are minorities then that's more concerning. it could potentially be considered discriminatory. in those communities, there may be, again, this long history of mistrust of the government if we want to build back trust, we have to do it in small steps. not necessarily take action that might worsen the feeling of mistrust who will you call in the situations will you call the police to enforce this i don't think the police want to come who does it fall on? the small business owners? we have problems with the international auto show canceled

its show that might be because of the variant itself, the delta variant, but it could be because of the strategies we're taking here the medical community can talk to people one-on-one in that case, people have to come forward and talk to the doctors. if they feel stigmatized or nothing available to them besides the vaccine and mask, they might not come forward. we have antibody treatments and other treatments to help people if they come in early enough and speed up the resolution of the virus, potentially and maybe keep them out of the hospital or icu. >> it's a good point because shaming people into the never doing what they should be doing is a losing strategy on so many levels to your point, if you mandate certain things can't go here. can't go there there are people that just can't

do it for medical reasons, they will be cast out i want to talk about something else, doctor we just did a report about kids and covid. it's a real risk we know kids generally are going to be fine there is something new it is not new. it is out there called rsv i can't pronounce it by the way. it say respiratory virus kind of like the flu it comes every year. it disappeared last year according to the cdc of the mitigation techniques. it has come roaring back and earlier. what can you tell parents watching right now about rsv and their kids and what to look for? a lot of kids are going to the hospital, not for covid, but rsv and other flu-like illnesses >> rsv looks like the common cold for kids, it will be fine. wouldn't put them in the hospital for fragile children, it can put you in the hospital or icu

by looking at children, you cannot tell the difference of that and covid if your children have any cold-like symptoms, it is better not to take them to the pedia pediatrician rsv can spread it is more contagious than covid. you need to call the pediatrician and ask what to do. the pediatrician may tell you to stay home and guide you at home so other kids don't catch it in the waiting area if your child is sick, short of breath or if high fever, you may want to go to the er you don't want it to get worse the idea is the balance between keeping medically fragile kids from getting sick. we want to keep the icu safe, but you want to keep your own kids safe as well. it is a balance. in certain icus, the children there, not just from covid, but viruses that were held at bay and surging back

whether rsv or influenza, a lot of viruses that were under control previously and now surging back >> particularly among the very young with kids. i posted on my twitter some charts from the cdc in hospitals about the rise in rsv and others dr. debi, a pleasure to have you back on. thank you very muc. >> thank you we will take a short break dow futures off 23 we'll talk housing right after this stick around. undeniably versatile. unlimited 2% cash back. this is the card built for... ...real life. (dad) she's gonna be a drummer. (cashier) yeah she is. that's gonna get loud. (dad) right? (vo) the new wells fargo active cash visa credit card. unlimited 2% cash back on purchases. that's real life ready.

welcome back let's talk housing one thing is pretty clear. there is a huge shortage of new homes being built across america. demand is up the need for many new homes is huge which is where your next guest comes in james hardie industry is the highest producer of fiber gypsum products joining us on the exclusive is the ceo of james hardie industries releasing the first quarter results after close. raising the profit forecast. the stock up 60% in the past 12 months jack, good to have you on cnbc and "worldwide exchange. how strong is demand for your building products right now? >> good morning, brian thank you for having me on the show right now, the demand for

products is very strong. not only in the u.s., but also in western europe and australia and new zealand and philippines. >> is there any sign of that abating? you have a unique window into looking out. people buy your stuff because they want to build a home down the road you are, i think, would be fair to say a leading indicator what is your crystal ball telling you, jack? >> that is right, brian. we are exposed to the construction market and repair and remodelling. with a what we see is a strong demand for new homes as well as due to the covid effect, the homeowners like to remodel homes. it is about making their homes which is essentially their castle they want to make it look nicer and more aesthetically ally pl

and have more room, particularly for a home office. and at the same time, there is also a lot more exposure to having the more sustainable product in construction. we do see a lot of growth potential for homes within the next short to midterm at least. >> in the states, your name may not be as known. builders know it viewers may not. they may know the biggest competitor is louisiana pacific. we read reports on you guys, some competitors, i won't read names. they are having shortages. it is hard to get the raw materials to build the stuff they need and you guys may have access to more raw materials so you don't have to deal with the shortages. can you address that thesis wh you are well positioned?

>> brian, our extrastrategy is o locate our facilities close to the suppliers. over 82% of raw materials sourced within 100 miles of the manufacturing plants we also make and ship products from plants to customers within 500 miles. about two-thirds of what we producer ship to customers within 500 miles of plants it is a more sustainable supply chain and localized raw material and also with short shipping distance to customers to where we build homes that has been a really good strategy to help us during the covid effect that the world has been short of supply and we are actually able to supply the

markets. >> i hate to be myopic and focus on america we have 85 million millennials starting to create families and move out of cities even crazy demand for housing. do you see the generational push for home building and home buying given the demographic wave that we've got in the united states? >> absolutely, brian i think there is that big group of millennials in the marketplace right now for homes. their families start to grow also another key factor that really effects the strong demand for housing. if you look at the last decade, we essentially in the u.s. have built less homes during the past decade roughly a third than the previous five decades. what you have is a big boom with millennials in the marketplace

for homes at the same time during the past decade, we essentially built one-third less home than the previous five decades. you have that along with low interest rates it is a formula for really strong demand and robust demand for housing. >> really robust pricing as well not only for homes, but your products jack, stock has been red hot we appreciate you coming on and telling your story thank you. >> thank you you're welcome on deck, we wrap it up kate baddis is back. she is laying out the stocks she is eyeing right now. and your morning rbi and why returning to the office may depend a lot on where you live by the way, programming note tune in to thenew season of "the profit. marcus is back with struggling entrepreneurs.

10:00 p.m. tonight eastern time. only on cnbc we're back right after this. this past year has felt like a long, long norwegian winter. but eventually, with spring comes rebirth. everything begins anew. and many of us realize a fundamental human need to connect with other like-minded people. welcome back to the world. viking. exploring the world in comfort... once again.

time now for the morning rbi. this morning, it is about work and back to the office because having been in new york city and san francisco recently, it was striking to see how empty nearly all the big office buildings still are. midtown manhattan in the financial district of san francisco are for lack of a better term, ghost towns what about other cities? are workers back in the office it depends on where you live the trend overall is actually negative according to castlesystems which tracks people swiping security cards to get into buildings. 8 of 10 big cities saw a drop in occupancy overall in may occupancy rates in ten cities

are h43%. look at the chart. it is very different in different places big three of texas, houston, dallas, austin half or more than half of the people back in an office building of course, you will see with the covid surge changes that look at the bottom new york city, san francisco and san jose, california still have fewer than 25% of workers back in the office. san francisco is actually just near 1 in 5 workers back in a building castle does expect the numbers to rise. with the rise of cases among the unvaccinated, back to the office may end up on the back burner. random, but interesting. let's stick with really st real estate of a different kind. kate faddis. ceo and founder.

this is as far a way from back to the office as you can get if you go to a state where cannabis is legal, you see lines of cars. the company is >> iipr, brian thank you for having me this morning. i think it is one you should learn about. here's the thing cannabis is legal in 12 states, but illegal federally. this means a lot of banks and companies don't deal with cannabis companies if you deal with one, you are not coming -- paying bills with 100 d$100 bills in brown paper s iipr has a niche and understanding the regulations and getting around them and working with them. they buy the property on behalf of the companies and do a sale

lease back it is a real estate company. cannabis is a $20 billion a year industry and growing 5% to 10% a year expected to be $25 billion in a few years. this is great. what we like is a secular growth story. i have other ideas for you >> yeah, i saw one of them here. we know people bought one of three things during covid. a house, a car or pot. this may be the first time an idaho company is recommended on "worldwide exchange. talk about pet i.q >> that is another one petiq is damaged stock is down 30% in the last month or so pabecause they miss their numbers. this is another secular growth story we like. we got trends going on during covid, pet ownership

increased. 60% of american households own pets you have trends of pet humanization they are living longer living with diabetes people want to take care of their pets medications used to be sold in vet clinics. now people want to go to the grocery store or kroger and take care of their pets this is a winner long-term. >> it's a different fat cat play in a different way cate faddis. industrial cannabis real estate. thank you, cate. that wraps it up here on "worldwide exchange. i'm off tomorrow "squawk" is next have a great day to] ♪ try to be best 'cause you're only a man ♪ ♪ and a man's gotta learn to take it ♪ ♪ try to believe though the going gets rough ♪ ♪ that you gotta hang tough to make it ♪ ♪ you're the best! around! ♪

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good morning the senate inching closer to a deal on infrastructure with the vote set for this morning, but hard fought crypto amendment was blocked yesterday. we'll explain what happened. amc shares jumping company reported a smaller than expected loss and said it would begin accepting bitcoin as payment. fallout from the hirise of h delta variant. we will talk about the vaccine and travel across the country. it is tuesday, august 10th, 2021 "squawk box" begins right now. good morning welcome to "squawk box" here on cnbc i'm melissa lee with andrew ross sorkin joe and becky are taking the day off. we are looking at declines in the s&p 500