>> i don't think there is any debate right now he is the most iconic person in the business world, i think you could argue given it is not just tesla, it is also space as well. that's going to do it for us on "squawk on the street. it is time now for "techcheck. ♪ happy monday welcome to "techcheck" i'm john fofrt with julia boorstin. apple within a stone's throw of $3 trillion. is the world's biggest market cap country still cheap? and amazon named top big for mega caps for 2022 joining us, the analyst who made that call. and the ceos of eli and

ad adobe. >> let's start off with apple. a relentless move higher in the green, up 21% in the month. now approaching a $3 trillion market cap what would the magic number be $182.86 a share. analysts are racing to keep up two upping their targets last week today jp morgan calling the stock a top pick for 2022 and hiking its price target to a knew high of $210 arguing they are well positioned to outperform thanks to a stronger than expected iphone product cycle. is the stock cheap or expensive? two measures of evaluation here. look at the 12-month pe ratio and enterprise to sales ratio. john lipton joins us now from the nasdaq

the 20% move in the last month, analysts scrambling. what's the consensus on how much more room there could be for this stock the run. >> if you look at the recent move, a lot of people piled in some analysts say in this uncertainty environment apple has become a holding for people who as one analyst put it makes people feel comfortable when they are sleeping at night it has a product portfolio that continues to gain share. also steady growth businesses with high margin that hunt been stung. >> who is going to get punished for breaking the law of numbers. i thought apple broke it when it hit $1 trillion. now it is thumbing its news. months ago we were talking about microsoft passing apple in market cap now they are $400 billion away -- is that right? my goodness.

something different is happening here with apple and these mega caps. >> it's interesting. $3 trillion is a big number. it gives investors to chance to take stock and think about where to go from here. for our investors and traders, they have to decide how well they think the iphone 13 cycle is going the perform the 12 was sle strong, that pulled for the demand, is the 13 going to disappoint. or is the demand going to be there given how many millions around the world are still linked to older devices. and you have to think longer term, who are the mega tech trends and is apple positioned to capitalize on them >> it is interesting as we see the analysts jump on the bull case i wanted to ask about the skeptic case we have so much uncertainty. supply chain constraints, there is focus on what is going to happen with the iphone cycle

what is the bear case for apple? what are the factors that could keep this stock from hitting the $3 trillion mark >> in the near term it is about the iphone demand, their flagship product we have seen a lot of headlines dropping about that. different reporters claiming to talk to different suppliers. on top of that if you are an investor you have to wade through analyst's notes. they are doing their own checks. it is hard to get a read on that sometimes you look at data points, broad comrecently reported knocked it out of the part they had their own wireless segment. broad comsupplies chips for apple that was a positive report some analysts thought given broad com's report it puts that issue to bed we will see what apple actually reports soon >> well, those shares pretty much flat today as we await and watch it slowly inching towards that $3 trillion mark. thanks so much, josh. now shifting from apple to

amazon, cowen naming amazons its top mega cap pick for 2022 upping the price to 4500 arguing the nearly $2 trillion stock hasn't priced in performance for aws and advertising. now joining us that analyst, john blackledge. what should investors be thinking about in terms of investing in amazon and aws? >> both accelerated this year. it wasn't reflect there had the stock. and the advertising business was up 70% this year and aws accelerated. our call is actually that the e-commerce business is going to start to accelerate in 2q of '22 and you are going to have rising margins. those two things combined, we think, will drive shares higher woochlt we slightly raised our

back half '22 numbers. we are 1%, 6% and 10% above consensus, 22 revenue, up-and-coming eps. amazon shares are trading at 1 tiles ebitda, it is slightly below the midpoint of its historical range we think with the improving fundamentals and u.s. advertising world being robust against next year we could get multiple expansion that's why amazon is our top mega cap pick. >> coming up against some easier comps. i have to ask about the outage last week. oracle when they reported their earnings took digs at amazon for being unreliable does that kind of thing have a long term impact >> i don't think so. we have seen incredible strength at aws and we have seen incredible investment both at aws and data centers, data center growth, and also,

obviously, in fulfillment growth that's one of the things we think is going to be a driver for '22 is the investment in the you will filament infrastructure they spend over $60 billion the last two years the prior five years they spent couple la five $40 billion, more than double the size of the fulfillment network. what we are going the see comps on the e-commerce side ease as we head into and get through '22 you are also going to have the prime hundred-day and same-day driving higher product conversion you have two things that are going to be driving acceleration in the e-commerce business. >> john, speaking of fulfillment, this tragedy that happened on friday when an amazon warehouse in illinois collapsed. at least six dead there. amazon has said that they want to be the world's best place to work and there are going to be a lot of questions about the

conditions that were in place as this tragedy unfolded. should we expect that amazon is going to spend perhaps even a lot more to make sure that something like this doesn't happen again or is there any overhang things like that that investors should also be concerned about >> yeah, john, like i just mentioned they spend over $60 billion the last couple years. and that was a horrific event across many states so, yeah, you know, i'm sure they will double back and try to ensure that the safety -- for their employees and spend whatever it will take to ensure that their employees are safe, you know, going to work every day. >> okay. so from an investor standpoint, your feeling is that the sentiment on the business overall, including cloud, is going to be such that if there is even more of a spend on the capital side for that kind of

thing, it won't spook investors? >> well, they just spend so much it has accelerated so much the last couple of years that we think it will start to -- that that growth will start to kind of ease and hence we are going to see margins expand we think in the back half of the year they are going the obviously continue to invest heavily in both cloud and the e-commerce business and other areas of the company. but it should start to ease. it has been historic investment the last couple of years >> speaking of margins, how essential is it, in your view, that amazon increase the price of amazon prime? how likely do you think that is? what happens in terms of consumer reaction and obviously the play into margins. thanks for that question i think that's a good one. that's something that we called out that we may get. the last time they raised the cost of prime, 2018, prior to that, 2014

we are going to build on this four-year cadence. what happened since 2018 we way more than doubled the fulfillment network. they introduced their one-day, bolstering their same-day capabilities then also on prime video, they have been vested heavily in original feature films, original on sodic content and then they have the nfl thursday night football rights starting next year there is a lot of -- i think the way the company thinks about it, what have we added to increase price in with over 200 million prime members globally -- and the prices vary by the country but 200 million people, you raise it $10, $20 on the annual number, you are at $2 hundred billion with high margin revenue. we think given all the things they have added since 2018 it would probably be fine and the prime consumer would be fine

with it. >> it will be an interesting one to watch john, thank you for joining us to talk about your very high price target for amazon. >> thank you. meanwhile, the ceo of service now e vine and adobe are coming up. "techcheck" is just getting started. ♪♪ ♪why do you build me up (build me up)♪ butter... cup... baby... up would be the operative word there pal. oh, yeah, yeah.

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we mentioned it moments ago, tornados causing massive destruction across the midwest multiple communities and businesses devastated, including an amazon warehouse where six people died after a building collapsed. morgan sheskey is live in edmondsville, illinois. >> reporter: good morning. day break brings a steady scream of construction crews trying to remove the debris to what's left of the warehouse the ef 3 truck at 8:40 p.m

there were people inside the building when the tornado struck over the weekend the death toll rose to six the names of ages of those individuals were released late yesterday. crews were able to arrive on this scene within just a few minutes after the tornado struck because this really was the spot, john, that the tornado unleashed its fury in the edwardsville area, it was largely spared this facility was not. they were able to get the majority -- the overwhelming majority of those employees out safely through the rubble. however, that came at the loss of six lives when the walls and the roof partially caved in as a result of those incredibly powerful winds amazon, meanwhile, has donated $1 million to a local edwardsville charity to help anyone impacted by this storm. standing here today one of the most telling images has been tow trucks leaving the scenes. they have cars that were parked

around this building that look as if they were placed inside of a compactor, unrecognizable as to the make or model of the vehicle. even though this tornado hit for just a few seconds it gives you pause knowing how much power it brought through this area. we confirmed with the national weather service that this twister touched town barely a quarter mile away. we know the sirens went off around 8:00 inside the building. it was at that point that the employees kind of split up into two groups to seek shelter there was a designated shelter area inside the warehouse. we don't know how many were there. but we do know whoever was on the southern edge this building took the brunt this storm that left so many people in this community struggling to move on from this loss of life john >> yeah, you know, morgan, i will pick it up from here. a horrifying story i have to ask you this question about the cell phone ban i have seen the headlines saying

that amazon's preventing employees from having cell phones while they are working. could have maybe prevented people from getting the information they needed to get to safety sooner tell us what you have learned about that. >> reporter: i had a chance to speak to an amazon spokesman a few minutes ago. i asked him that question point blank. he tells me at this facility and every facility that he is aware of that ban is not in effect they had 46 people inside. he said each one was able to have their cell phone on their person and use it accordingly. in fact i spoke to the mother of a young man whose life was lost, clayton cope, he was a 29-year-old navy vet who had been working here about one year his mom told me about the time the tornado siren started going off she called her son here at work he picked up the phone they had a brief conversation, she told him, make sure you seek shelter, and i love you. that was the last conversation

they had going the show employees inside were reachable on their phones throughout this ordeal we will send it back to you. >> important reporting detail from the sign of a tragedy. service now and ey announcing a new strategic partnership, an agreement the companies say will double the value of their existing relationship to $1 billion by 2025 joining us, those ceos gentlemen, good morning. bill, go to market is so important right now. partnerships so important for what's happening in software what is this one in particular going to do for back office work flows? >> thank you very much, john and good morning, and happy holidays to you. this is so exciting. carmine and ey run a great business with 312,000 employees.

think about the band width of this partnership and we committed to an incremental billion dollar partnership over the next three years in terms of valuation for shareholders it is complex. tax reform, the explosion of data, and the whole hybrid work movement has made things very difficult on executives who are saying, hey, i have got to share from a transactional work life to a data driven work life over the next three years ey and service now are offering customers tax, payroll, outsourcing, wealth management, procurement and supplier self service solutions that make that possible and john, i think this is really one of the super exciting things that will ever happen in the finance department around the concept of digital transformation in companies at mass scale

headquarters and all of their satellite offices alike. >> people who don't work in the finance department might have a hard time wrapping their heads around exciting things happening in the finance department. let's talk more about that carmine, how has the pandemic and the shift in workplace models complicated some of those processes in finance and tax services when you are trying to determine where work is getting done, things like that and how will this work with service now give your clients more tools >> thanks, john, it's great to be here, great to be here with bill look, we are so excited about this partnership through the pandemic, what we learned and what our clients have learned, it's really all about being digital. as i mentioned before, maybe on your program, when we first started, before the pandemic, only 25% of our clients actually had a digitized supply chain and that obviously has been changing it has to change more and more

and it's no different than tax and finance. as bill mentioned right now everything around tax is around data and collecting data, and making sure that you are able to put the data together to really give that data in some kind of form to a government. so our tax business is really becoming much more of a platform business and with that, we need the tools and we need the work flow tools that service now has and right now, john, there is a tremendous amount of conversations going on with corporates, with all of our clients around how do they digitize their tax function and their finance function frankly, we have a multi-billion dollar pipeline of companies that want to outsource their tax funk to companies like ey knowing we have the work flow and investment in technology this is part of that it is great to be working with bill and with service now because the tools we are going to produce are going to make things much easier for our clients. bill mentioned it before

the scale here is tremendous the amount of skail we can produce to our clients around the world is really really important. and we are very excited to be able to do this with service now. the other part of this, john, that we have is we are utilizing your neurodiverse centers. this is something bill is familiar with, we hire people who are neurodiverse some of them have autism or abergers, but they are incredibly valuable to us, they have incredible skills in areas like this where they can operate. and operate around the world we have 12 centers around the world and we are growing those as well. >> yeah, interesting interesting approach there now, bill, tell us a little bit about this real push to hire people with neurodiversity what does it mean? what is it going to mean for your business and your employee base >> carmine has done an unbelievable job in this category that's one of the reasons why we are so honored to establish the service now neurodiversity

delivery they are with ey. we are going to partner and we are going to drive our customer outcome business along with ey's service now practice to essentially take leaders and employees around the world into a completely different movement. right now, the creator movement where people can build applications on a low or no-code platform like service now, to innovate literally in days and weeks instead of years so we think that the neurodiversity movement that we are on together can bring in lots and lots of new jobs. and this is really about not just doing well -- because our companies are doing well but we are looking at digital transformation together, carmine, myself, the great leaders at ey and service now, we are saying we need to take

doing well into doing good digital transformation will easily be the biggest opportunity of our life times. now we are going to create thousands of jobs all over the world for uninitiated workers in the economy that bring super special skills bottom line, there is no stealing to anyone's dreams out there. with ey and service now we warmly welcome you give us a call we want to get you to work right away. >> bill, give us a step back a lot of us remember service now from a few years back, even before you got there, doing basic requests inside of an enterprise, make sure things get done but you have been here on "techcheck" talking to us about indoor mapping and being able to schedule spaces inside the enterprise now we are talking about finance and tax functioning. just within the overall sas and enterprise ecosystem what is it that service now is addressing there is a lot.

>> john, it's a great read fred letty invented this company in 2004. and he invented a platform it just so happened that platform was first adopted by i.t. professionals because they saw the immediate magic in all the things it could do, to automate work, make work flow, and really improve people's ability to collaborate across the enterprise, keep things secure, drive service management to the business, managers assets in your operations that was fantastic but that same platform also serves the employee experience we have one portal all of your services are there you can recruit, hire, onboard, train, and manage all the cases for your employees and then it came into customer service, where you could predictively use machine learning and a.i. to manage the customer relationship. and now n, in a post-pandemic o

even in an endemic word you are seeing the service has to be brought to you customer. they are no longer coming to you, where they once did all of this manifesting in a world where people want the create their own innovation, want to do it today on the now platform that's the sensation think of us as the enterprise platform for work flow and any problem a business or even a government faces can easily be work flowed on the now platform to truly innovate and do it at a speed and a form factor that's never been achieved fwhf the enterprise yes, we have moved in a perimeter that has always been there for service now. it's just that the vision, the band width, the partnerships like the one we have with carmine and ey have expanded at mass scale. >> it is a big vision. just wanted to put that in context. bill, carmine, thank you >> thanks, john. >> thank you very much, john

after the break we sit down with the ceo of adobe as this company expands its cloud offering. plus a reshuffling of the nasdaq 100 how the changes could impact investors. there is more "techcckafr ishe" te i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage.

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to get clay calloway in this show. no one's seen him in over fifteen years. there's no rockstar in here anymore. ♪ but i still... ♪ just sing. ♪ haven't found... ♪ your song's will carry you. ♪ what i'm looking for ♪ welcome back to "techcheck." i'm julia boorstin with jon fortt. stocks moving lower now. the dow down more than 300 points the nasdaq lower by more than 1% faang leer, the arc funds leer, tesla, chinese tech stocks nvidia hit particularly hard and even apple is lower. we are continuing to watch those shares as it near as $3 trillion market cap now it is down here nearly 1%. let's get a news update from rahel solomon. >> here's what's happening at this hour. pfizer is putting some of its covid vaccine profits into an

acquisition buying arena farm executecals for more than double its market cap arena is developing a number of drugs including one to treat colight and kroens disease. a lawsuit allowing a suit to kin against johnson & johnson for its talc products for failing to warn consumers its talc products increased the risk of developing ovarian cancer harley is combining -- and stocks are up. stock buybacks are at an all-time high in the third quarter. it is expected to be another record this quarter. this morning, bristol-myers announced a $15 billion stock buyback plan and a dividend increase you are up to date john, back to you. big product news from adobe

today, creative cloud express. the ceo saying it will leverage existing adobe flagship applications like photo shop, premier, and acrobat joining us for a "techcheck" exclusive from adobe headquarters in san jose, adobe's ceo. explain why express fits into the larger model the pricing and the degree to which you expect it will draw some people into the broader creative cloud. >> john, it is always great to be back on your show, especially at a momentous occasion like this for asoeby when we are offering this new creative cloud express. what we are really trying to do is enable everybody who is a

creator to really participate in the creative economy and we think, as we have hundreds of millions of people who are using our product, that every one of them, as they want to start the creative process -- whether you are a creative professional, whether you are a student, whether you are a communicator, we think this product is really meant for every single person. so for the existing creative cloud subscriber it is going to be a value-added feature that allows you content first, and understanding intent to be able to create. but for the billions of people who have never been able to sell their story in a unified, seamless way, this is the best on-ramp that's available it allows you to leverage all the content that we have it leverages adobe sensee. it is available across the platform and mobile. we are excited. >> tell me how it evolved. you have had express products like photo shop express for years and years.

you have had spark products like spark video, spark post. i recognize some elements from both of those ideas coming together here. to what degree does this kind of cancel out what has happened before to what degree is there a new vision or direction? >> john, i think this actually leverages all the decades long work we have done. first we had the elements product line, if you remember. >> yeah. >> then as mobile emerged we introduced the express line. we introduced spark. but really, over the last couple of years, as scott bellski, our chief product officer has been reimagining the creative process. this really unifies and brings together all the different streams that we had. you know, we had photo shop express that allowed to you do things with imaging. we have had acrobat on the web that allows you to do things as people want to create pdfs or share those. really, the brilliance, i think,

of this offering is bringing it all together in a unified offering, truly understanding how content first altering can revolutionize the creative process, understanding strategic intent because when somebody is looking to do something on the web we can immediately take them into an on-ramp with a template, beautiful content and high fidelity the magic behind the scenes is adobe sense say, we have been able to take file formats like photo shop and make them on the web where web browsers, the chrome, or the edge have evolved. it is the culmination of many years at one level and the beginning of a new journey at another. >> can you explain why you are not going to see cannibalization from this. what kind of work you have done to make sure the people paying

full freight for creative cloud aren't going to downgrade to this. >> we believe that -- you know, we have always have a massively significant communicator base. if you think about the people today who are using products like light room or using act row bad on the web, the reality is we are probably the world's largest provider of creative and document tools for the communicator as well as the consumers. what we also have is this incredible data driven operating model that allows us to really understand customer segments and to understand what is the best offering for them. a good example is what we do with pdf we have a one-time offering. we have premium offerings, we have freemium offerings. i think it is the extensive nature of our product line and the rigor we have behind it financially that gives us confidence this is going to be he accretive and make creativity available to all.

>> outside of creative cloud you have also got the broader digital experience business. and you have got the adobe digital index that has been looking at shopping overall and holiday shopping what sort of signal are you getting, particularly in this unique 2021 four about the blending of physical and digital retail and clarity, frankly, in this inflationary environment >> john, you are right in that we have our pulse on what is happening with digital better than any other company i think there are a couple of trends that continue, namely on line commerce is up and to the right. i think that's a trend that's going to continue for decades. what we are seeing is maybe some of the spikes that existed in the past, you know, like black friday or cyber monday -- those tend to get smoothened out a bit as, you know, new merchants that are coming on line are trying to either beat the holiday rush and provide promotions a little bit

earlier. that's a trend that we clearly see. the second trend i would say we are seeing is b to b companies every company that's b to b is saying how do i participate directly on line even if i have a distribution channel or a two-tier channel, how do i make sure i get my brand. they are all dipping their toe in the water and engaging in online commerce. i would say the third trend you are seeing is new payment methods as people are trying both promotions, the buy now, pay later or the order on line and pick it up in store. i think you are seeing these hybrid payment as well as customer opportunities that are also he merging in the on line space. but we continue to believe that the holiday season, you are going the see more and more companies engaged with their customers primarily on line. >> all right we tied the creative product that draws people in into the commerce process and the back office that we were just talking about with bill mcdermott and

service now and ey and carmine as well. shawn, thank you. >> thanks for having me, john. the s&p and nasdaq are lower today. both are coming off their best week since february. the s&p hit a record close friday but investors and portfolio managers with heavy single stock exposure might feel differently. take a look at this chart. s&p is up 25% this year. if you are an investor in paypal, zoom, peloton or snap, it has been an ugly fall more "techcheck" after this break.

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alibaba under fire for apparently firing an employee after she accused her boss of sexual assault the company saying she damaged its image. >> reporter: the firing comes months after alibaba vowed to fight sexual harassment in the workplace. back in july, the woman, known as jo, had accused her supervisor of forcing her to drink excessively on business trip and then assaulter her at her hotel. they then posted an 11-page account on an internal message board and unfurled a banner at the company cafeteria because

she said she wasn't getting enough attention from the company to address those concern. her boss was fired two executives resigned. however, this weekend, jo's lawyer said that alibaba sent her a dismissal notice late last month accusing her of breaching the company's code of conduct. the letter says she had spread falsehoods and caused, quote, incalculable damage to the company. alibaba hasn't commented further, but the woman has granted a lengthy interview to the official press at local state-backed paper unlike a case that involved rape charges with a tennis star named peng shuai against a chinese politician this case with alibaba is getting a lot of attention. it is unkens soared, on line, in the press. it comes at a time when president xi jinping has been critical of the capitalist

excesses the chinese tech culture. on social media, a # of the firing has 680 million views chinese authorities have dropped the case against the supervisor saying that his actions were, quote, forcible indecency and so are not considered a crime and as you can imagine, that's also been stirring a whole lot of debate here in china. >> thank you hope we will continue to track that as well. as we head to break now, lockheed shares of sq officially changing its name. that was square, by the way, to block, as of friday. not changing the direction of the stock, though. it is down sharply since october. down about 5% today. we'll be right back. alright, here we go, miller in motion. wha — wait, wait, is that a... baby on the field?? it looks like it, craig. and the defensive linemen are playing peek-a-boo. i've never seen anything like that before. harris now appears to be burping the baby.

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street likes braze their stock rising this morning. both went public on november 17th are down sharply since then. the month to date losses mirror other customers facing platforms like salesforce and lassium.

>> even if most of the street are positive on these firms. there are some not so. we are back on "techcheck" had two. stay with us competition beat us again. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something

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tool air table announcing today a new fund raise of $735 million. this new round brings the company's total funding to over $1 billion, and values air table as over $11 billion. joining us now for more is cofounder and ceo howie liu. thank you for joining us today tell us what does this new round mean for your future >> thanks for having me. this round really i think gives us financial freedom as a company. we are going to be able to go and really execute on the long-term opportunity in the space and not have to worry about thinking about our next round of funding this bridges us to profitability and allows us to time an ipo at a time that's ideal for us as a company. >> talk to us about the competitive landscape. on one hand you are competing with google. there are companies like ahsana, which are smaller. but this is if you look broadly at the space a pretty crowded

one. how are you making sure you differentiate and hold onto san create your customer base when you are playing against google. >> you have ahsana, and on the ot other, salesforce, we have a low floor so we can get adopted by bottoms up end users we have users including 80 fundraise of the fortune 100 and then we scale up to more complex department level processes. we rival the low code app programs nobody else does that. that's the range we can play in? when you think about growth, you aover 300,000 companies are using air table. is the growth going to come from getting those customers to add more services? is it about broadening what it is you offer your customers?

or is it about adding more companies? >> it is about adding more seats across almost every company out there. we think this is a huge, huge category almost every single knowledge worker could be a customer of air table in the future. today we are at nine figures of revenue. our enterprise revenue is growing at faster than 100% year on year. and we are seeing expansion from our existing accounts with an ndr of 130%. that's with departments and teams adopting air table nike, netflix, et cetera, we have thousands of departments using our air table for novel use cases. >> howie, as you look at your future i know this round buys you a a lot of time. when you think about going public -- you are valued at over $11 billion, how does the recent decline of software stocks

impact your outlook on when and where you want to go public? >> we watched the public markets. part of the luxury of being an owner owned financial destiny is that we can focus on the long term we feel comfortable that in the long term there is a huge cat ger that's ripe for the taking we think we have a really strong story how we can win this space. because of the high ceiling we can beat the competition and ultimately own the biggest chunk of this enterprise opportunity the short answer is we don't have to russian ipo. we can really get the story right and get out and go public once we have shown that we are winning this category. >> thank you for joining us today to talk about this big raise, $11 billion plus valuation, howie liu, ceo of disruptor 50 company, air table. >> deskons strikes again in this part of the show, don't forget to follow and subscribe the our podcast. listen any time, anywhere,

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let's get a gut check on tesla. "time" magazine naming ceo elon musk person of the year saying quote this is a man to aspires to save our planet and get to us a new one to on habit. it has been a notable year for the world's wealthiest man he launched the first all-civilian space mission in september. tesla holds a market cap of $1 trillion and he has a major uns florida on twitter, pop culture, and the stock market time also noting the nhtsa's probe into the tesla's auto pilot system on the probe, musk says we still have let of work to to shares of tesla are in the red today, down 5% the last major ceost to get the no from "time" magazine were zuckerberg zuckerberg and jeff bezos. if you were following them for

investmented a mice not a bad track record. >> i wonder if tesla's move down has something to do with rivian's move up one more thing peloton firing back after a character on sex in the city died while doing a workout >> shall we take another ride? life's too short not to. >> and just like that, the world was reminded that regular cycling reduces your risk of cardiovascular levels. he's alive. >> julia, i don't know how much of the move down in peloton can be blamed on that. but folks were looking for

something. >> i think the news cycle moves fast and the brands have to as well i think this is smart of ryan reynolds to do this ad and also very smart of pell on the. >> yes now as we mentioned with the markets let's see -- hanging in there. a lot more on that coming up in the half with scott wapner >> apple approaching $3 trillion in market cap, and the fed's critical discussion this week. we will debate how all of it impacts the market's road ahead and of course your money joining me, brenda, steve weiss, john najarian. let's check stocks we are coming off the best week since march lower across the board. decidedly so the market is down 320 s&