tv Worldwide Exchange CNBC February 10, 2022 5:00am-6:00am EST
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it is 5:00 a.m. on wall street here is your top five at 5:00. stocks struggling to keep momentum going with the biggest read on inflation since ronald reagan took office. the stock trading ban taking steam on both sides of the aisle. some calling it a solution in search of a problem. we will show you the big money behind it and you can judge for yourself. the new ceo of peloton is off to a rough start as former
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employees attend the all-hands meeting. and disney earnings beat and send stock surging. later on, into the mickey d's metaverse. would you like nft fries with that burger? it is thursday, february 10th. this is "worldwide exchange. good morning, good afternoon or good evening. as always, welcome from wherever in the world you may be watching i'm brian sullivan good thursday morning. thanks for joining us. here is how your money is setting up stock futures not giving us a lot of clues they are mixed dow futures up a touch nasdaq futures down a bit. all this after a second nice day of gains for the nasdaq. that index surging more than 2%. it just kind of slowly claws
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back some of the big losses for the month of january as does the dow. dow still down, but only down 2% for the year the in nasdaq is 10% off the intraday high. every day, every day so far it is clawing back. also a snap back are the small caps russell 2000 with the fourth possible siitive session in a rw it is up 4% for the week the small caps, depending on today and tomorrow, on pace for the best week in a couple of months let's get a check of the price of oil back above $90 you don't care about oil you care about gasoline. gasoline prices continue to rise at gas stations around america bitcoin is up 30,000 and ethereum around 3,200. what is the biggest money
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mover? disney shares are jumping after better than expected earns and revenue and disney plus subscriber growth and seeing a big rebound in theme park revenue climbing to an all-time high as people go back to the parks in a big way. they spending. disney stock up 7.5% right now now. remember, price index will do that disney soaring right now more on disney later on in the hour this is all not just happening here a lot of big money over seas and in what they are calling super thursday rosanna lockwood is with us. what makes it super? >> reporter: we may have borrowed that from the olympics or thriller thursday it is all about earnings
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ftse flirting with the flat line after strong results from astrazeneca. dax was lifted by siemens. and cac 40 with the low. it is all about the earnings siemens is 6% up u unilever is up it is reporting with credit suisse which is heavy. among the plmovers, unilever wi no pursue acquisitions quarterly income at siemens is jumping. it avoided supply chain
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disr disruption credit suisse is down 4% after the lender reported a fourth quarter net loss of 2 billion swiss francs back to you, brian >> rosanna lockwood in london on a super, super thursday. rosanna, thank you very much. let's get to the top stories happening right now. tesla is being sued by california regulators. some people are alleging racial discrimination and harassment at the freemont, california factory. regulators received complaints from workers and did find black workers receiving racial slurs. and wells fargo is expecting to bring employee back in mid march after delays from the pandemic most groups will return into a
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hybrid, flexible model on march of 14th regardless of vaccination status nearly 250,000 employees from wells fargo set a return to office in september of last year and set a postponement plan indefinitely. and mcdonald's is preparing for the metaverse or probably protecting its real assets in the fake world applying for patents for virtual mcdonald's trying to shore up the intellectual property in the virtual world. the single biggest piece of economic data this year and more important than the jobs number that is the january read on inflation. it is expected to soar up 7.2% year over year that's the forecast. if that happens, it will be the biggest yearly jump since 1982
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excluding food and energy, core cpi, rising 5.5% year over year. food and energy is a big part of everyone's life. this read is key for the markets and your money this is directly tied, maybe the most tied, to the fed playbook for interest rate hikes. jay powell said his main goal is to fight inflation and that rate hikes may tamp down that inflationary aspect. joining us to talk about it is craig johnson. nice and early from minneapolis, craig. we do appreciate the fact you got 25 minutes of sleep last night. thank you very much, craig how closely are you and your team watching this inflation number please say a lot because we made a big deal about it. >> first, good morning, brian.
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we he are watching this number very carefully what i would say is i kind of put this together in the monthly publication saying breaking up is hard to do. that is not referring to mrs. johnson and myself to be clear that is referring to the fed an c accommodating policy brian, we priced in a fair number of rate hikes from the fed. at this point in time, you have five hikes priced in at this point in time. when you think about the batting average of the fed's historical record, they have been right 50% of the time. they have sort of overshot four of the last five times i would say at this point in time, the cpi number is very, very important for stocks and also it could very much turn the sort of value driven market back into a growth driven market again if this number comes out
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below expectations if it comes out above expectations, i think you will continue to see some of the energy stocks continue to work and you are certainly going to see yields perhaps on the ten-year move up quickly that will not help the growth stocks at this point in time this is a very important number and our team, brian, is watching carefully. >> if we come in a little bit softer, less than 7.2% or whatever it seems hard. go to the grocery store and it is hard to believe that the number will come in softer if it does, craig, that can be bullish for growth stock parts of the market because we're talking about fewer rate hikes >> that is correct i think if it is going to be softer, you will see fewer potential rate hikes and you will see equity markets work and specifically a lot of stocks in the technology sector that have been under a lot of pressure
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some of the stocks that don't have earnings and that's style of selling those stocks and buying tech stocks with earnings will flip back around. you can even see some of the beaten up areas like bio-tech start to turn. if you look at the chart of the vertex, you can see they are turning up here a little bit and that can gain momentum on the weaker number f. the number comes in above expectation -- you had a question >> overall, craig, are you sticking by -- because we talked about your van halen forecast of the s&p 500. 5150 >> no change with the 5150, brian f. the market is going to be a little bit soft in the short-term, you can see the market move up to the 5150 number we think the technicals, you
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still want to be overweight energy and overweight with the larger cap tech stocks the ones with earnings specifically >> you are saying energy stocks could benefit. craig, you are calling for, pardon this, the best of both worlds >> that is exactly right, brian. i think the fed can manage that nicely >> if it comes in weaker, maybe the market will jump i can keep going with the van halen song puns. i won't, craig it is 4:10 in your area. thank you very much. i appreciate it. >> thank you, brian. all right. getting up at 3:00 that's what dreams are made of we are just getting started. when we come back, a first on cnbc interview with astrazeneca ceo. and the big money and big
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name stocks that members of congress are trading the most. we'll name names and some start to push back for calls on a ban. imagine that. and later on the house of mouse is looking strong why disney is feeling magic this morning. what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translating decades of experience into strategies for the road ahead. we are morgan stanley.
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welcome or welcome back. good thursday morning. astrazeneca posting better than expected earnings and better than expected revenues this morning. results driven by the covid-19 antibody treatment and cancer drugs. meg tirrell is joining us early with the interview with the ceo of astrazeneca good morning, meg. thank you. >> reporter: thank you, brian. pascal soriot, thank you for being with us. let's talk about the drivers of your forecast this year. particularly with covid. you said you expect the vaccine to decline this year, but antibody drug to increase. tell us about the dynamics you are seeing >> thank you so much, meg. it is a pleasure to be with you today. we have guided in 2022 revenue to go up by the high teens
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within days, the covid portfolio will decline with the products of the vaccine and antibodies for protection of people immunocompromised. we have data from many countries from around the world and there is more to come. it is a unique product that is dedicated to people who have responded to vaccines and people with blood cancers or heart transplant patipatients >> reporter: with that, do you expect to be signing more deals poessensetentially here in the d states with the drug people who are immune compromised cannot get enough benefit from the vaccines? you have a few supply deals, but could there be more? >> absolutely. we are in discussion with the u.s. government. i have to say the u.s.
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government has taken clear leadership in the world to have opportunities, including yours, for immune noocompromised patie. we are in discussions for additional supplies. >> reporter: let's talk about the vaccine as well. in some markets, you are moving from not-for-profit to a profit model. how are you looking at the united states market are you planning to file here? when is there a market for the astrazeneca vaccine in the united states? >> we have discussions on the fighting of the vaccine. it is fair to say that the biggest need for the vaccine is in the emerging market i think it is important to remember almost 90% of the world population outside of the u.s. and europe
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it is important for though people living in low-income countries, to have a vaccine easy to use. it is important for them, of course, but important for the rest of the world. unvaccinated populations is where the virus mutates and comes back as a variant to the western world. >> reporter: absolutely. i was speaking of emerging markets. you noted the china business will decline this year you are seeing pricing pressures. you expect markets to increase this year. tell us about those dynamics >> we are facing challenges in china like the industry. the chinese market is going through a transition which is similar to what the u.s. and europe went through a few years ago which means all products
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suffer price pressures you have to launch new products and the good news is the chinese government is supporting innovation and introduction of products that is what we are doing. of course, we are suffering from the decline of the older portfolio. we have a strong lineup of products and have been progressing these fast in china. we are still believing china is an important country for us and we will continue to grow in the next few years and the emerging markets in china are doing well >> reporter: interesting picture of what is going on. we appreciate you being with us. thank you. >> thank you, meg. >> brian meg, thank you for bringing us the interview it sounds like astrazeneca, it may be firing on all cylinders and the ceo acknowledging a lot
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to deal with even post-covid. meg tirrell, thanks. on deck, trouble in dearborn ford is forced to make tough decisions as the canadian bridge blockade is cutting off a fene and the major malfunction in cleaning your carpets. we'll tell you more coming up. ul to bring people together... ...and make faraway places feel a little closer... ...with engines that power planes more efficiently. because seeing a better-connected world isn't far in the future. we're building it... now. ge. building a world that works. dad, we got this.
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all right. welcome back time for the big money movers. three key stock stories. stock number one is irobot the stock down 15% ouch sales missing forecast the company says chip shortages and shipping delays and supply chain hurting the business and stock number two is twilio up 18% strong fourth quarter results. the company says it does expect to be profitable in 2023 or next year and stock three is mattel. barbie rocking for the toymaker. sales of barbie up 18% stock surging up 11% the barbie jump offsetting the drop of hot wheels ma mattel's ceo says the turn around phase is over and now in growth mode. let's get a check of the
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headlines outside of the world of money and business. frances rivera is in new york with those good morning, frances. >> brian, good morning we start with the figure skating controversy in beijing the medal ceremony to award the russians the gold was delayed after a positive drug test from a russian skater international olympic committee said the delay was not caused by doping allegations nbc news reached out to the international skating union and russia committee and neither responded. team usa won silver. any decision could have a ripple effect. and the family of bob saget releasing the cause of death he passed from the accidental blow to the head authorities believe he accidentally hit his head on something and did not think anything of it and went to sleep. the report found no alcohol or drugs in his system. good news for team usa snowboarder chloe kim shreds
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into the history book. the first woman to win two gold medals in the halfpipe she posted a 94. beating spain and japan. and the dollywood employee f tuition program will be extended to full-time and part-time and season employees typical of dolly parton. anything from cancer and natural dis disasters, she will give it is doing good at dollywood. >> i had the pleasure to meet miss parton years ago. i'm not saying this for tv purposes it was a highlight of my life. she's a personality that is eight feet tall and nice you felt the energy.
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very cool. >> national treasure hope she did the strumming the nails thing for you. >> oh, yeah. a lot -- i'm telling you, she is about 8 feet tall. it was cool. we'll take the show on the road. we'll go to pigeon forge >> she has a spot for us >> the great smokey mountains is the most visited national park in america random, but true frances, thank you very much >> sure. i should google that to make sure i'm right still ahead, what is the future of the restaurants as we come out of the pandemic? we have the inside look of one company that is trying to change the game we'll be right back. stick around
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can your money keep this little run going it may depend on the most important read in decades on inflation. that number out in three hours the big money around congress stock trading habits. the five biggest trades and traders and some names you will know something you will only see here plus, thank you bobo fett. disney flying high on the them parks and more it is all happening on this thursday, february 10th.
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this is "wex." good morning welcome or welcome back. almost exactly 5:30 on the east coast. here is how your money is looking as we are halfway through the 5:00 a.m. hour the market is waiting for 8:30 we are seeing dow futures up nasdaq futures down a little bit. what is happening at 8:30? the consumer price indindex. normally cpi is important, not really today it is. it is expected to hit the highest level since 1982 that number comes in hot, and you just heard from craig johnson, if that number comes in hot, stocks take a hit because there will be more rate hikes. if the number comes in soft, tech and other growth stocks
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surge because that would give the idea we could not have as many rate hikes and keep rates lower. cpi number is important. think about that the biggest year over year price gains since "the return of the jedi" was the hot movie. expecting of "star wars" and disney, you might thank disney for any gains in the dow this morning cause house of mouse is looking to add 75 points to the dow at the open because their numbers came in strong we will have more on disney stock in a few moments. to the other top headlines the ban to stock trading by congress members hitting resistance on both sides of the aisle. shocking there for his part, senator pat toomey of pennsylvania says he is not enthusiastic
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he will look at the proposals. i think it is a solution in search of a problem and one more thing that makes it unattractive for people to serve in congress. that quote from pat toomey we will show you the five biggest stocks traded. that is coming up at the end of the show. in canada, block of the ambassador bridge forcing ford to shutdown two factories. that bridge carries 25% of all trade between canada and america. the traffic has been stopped for three days ford hopes the situation is resolved quickly because if not, we could have a widespread impact on all automakers in the u.s. and canada. the peloton ceo off to a rough start. the company held a virtual
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all-hands meeting yesterday. one meant to introduce mccarthy as the new ceo instead, the conversation cut short by current and former employees who logged in and yelled about how angry they were about recent job cuts and posting messages on the company chat accusing of mismanagement and calling the meeting tone deaf one person writing they are selling the peloton to pay their personal bills no comment from peloton. now to the stock of the day. that has to be disney. beat expectation on the top and bottom line for the recent quarter. the company beating on parks and experiences. that income surpassing pre-pandemic levels. think about that disney saying it added 130 million subscribers ahead to disney plus. the ceo reported the guidance
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with our julia boorstin yesterday. listen >> we are reaffirming guide and of 230 to 260. that continues to be our target and what is driving us is great content. we will have more franchise added content on the big franchises added this fiscal year and double from 2021. >> that was bob chapek on with julia boorstin yesterday let's bring in john hudulik. john, disney is the only traditional media company. looking like a good call this morning with the stock soaring what is happening at disney right now? is it firing on all cylinders or is there a special thing going on with the company? >> actually, you are right. disney is shitting on all
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cylinders. it is led by the businesses with the disney plus subscribers. estimates for $7 million and then $10 million >> it is really amazing when you think about this, john we said the parks are performing better than pre-covid. i know for us in the northeast, that would be stuck inside, but not anywhere neormal for two years. for us to get our heads around the idea, the parks are packed they are full. people are spending a ton of money and letting loose. >> there is a tremendous amount of demand. the biggest driver is the spending whether the ticket prices or food or merchandise. the spending was up over 40% the parks still have room to go.
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they were not at capacity. we still don't have international travelers back which spend more than domestic travelers. they have a record quarter, but we still have a lot of room to go with the full effects of pandemic starting to recede. >> is there anything you see changing or is this the roaring '22s i understand the bandage comes off and everybody storms the parks because they have not gone anywhere for a while how long is pent-up demand like this >> it's hard to say. as far as the disney park business is concerned, there are a number of attractions. they were not at capacity. we think they will get there over the course of the year. paris and hong kong and tokyo will come back online. those are lacking with covid reasons. you saw similar at comcast parks
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a couple weeks ago we have a nice stretch for probably the next year with the comps are easy and solid growth with cash flow >> we talk a lot about streaming because that's, john, we're in the media. we love to talk about ourselves. we talk about streaming. the numbers are big. is it making money for the company? >> no, at this point it is not it is tremendous with the leader in the space, but for disney the losses were a little higher than expected a tremendous amount of content coming on the platform as you heard from bob in that previous interview. we're in the growth phase. we are leosing money. we expect that fiscal '2 it will the biggest year of losses >> thank you for saying that streaming and all the new shows,
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but not contributing anything right now. quickly, john, what about espn espn has had its issues for a while. they are a big money maker how is espn doing for disney >> espn did a little bit better than expected. sports viewership is strong. you saw that with fox earlier in the day. sports advertising is strong actually cord cutting is better. results better than expected sports news are what people are watching on tv >> we are, by the way, happy about that charli john hodulik, thank you very much we have more to do as we head to break, some of the other big money movers uber jumping afteres t estimates the company is seeing business bounce back from, you know, the
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pandemic education tech company tumbling. the forecast was weak due to an unpredictable digital marketing environment. and o'reilly gaining after report of incredible fourth quarter growth strong sales guidance. expects a robust consumer demand why not? you see the price of used cars nobody can afford them everybody will drive their car as long as they can. "worldwide exchae"s ck thorrit after this
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thank you. i should do a marketing campaign. clover does that. you're like a mind reader. secure payments, the tools you need, people who can help, we do that. welcome back no industry, perhaps, got disrupted as much as the industry is the around industry. a lot of restaurants closing down and having to change how they do business what is the future of restaurants? let's talk about this with somebody with a first hand view of the business. the ceo of union pos, a cloud based point of sale system for bars and restaurants alex broeker, thank you for joining us it is super early for you out in texas. we all love the restaurant business we all want to go out and have
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the experiences, but we need the workers to not only have it be valuable to them, but also to be there because they have been leaving in droves. are you are at the frontline of this what are you seeing from the restaurant industry? >> thank you for having us on from union good to see you. it is mayhem and devastation and chaos. many of our owners are panicked. they have ridden a long and treacherous storm. now they reemerged and we learned to live with covid, the hospitality staff is not coming back four of five restaurants are under staffed. 51% have reduced seating capacity what's worse is most workers surveyed, down 1 million workers. they will never come back to the industry they moved on. it is really difficult our hearts are out to the
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restaurant owners. it is a big part of the economy. many people don't realize 15 million workers are in hospitality. $1 trillion a year >> that's amazing. i appreciate the brutal honesty. we need it by the way, a lot of people working and our thanks to them i went out to dinner here last night in new jersey. it is still shaky for people i don't mind i go out all the time. i want to thank these folks. people are acting like idiots at restaurants. please don't do that talk about union and if the model is changing maybe forever. talk about your product and really how we will make sure that the restaurants stay hopen and your company prospers and people at the restaurant are able to prosper. >> yeah. thanks, brian. in terms of union, you view this as an opportunity to save the restaurant industry. qr code was given up for dead
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and basically less than a year, the qr code ushered in the f fastest adoption of technology it provides an opportunity for the restaurant owners and staff to come together in marriage, that is why we came up with union, to have an exceptional experience where you are short staffed and people are angry with the use of our platform, the average person when they sit down to get the first drink is 42 seconds pre-pandemic levels was 9 minutes. where else in other industries do you give your credit card to a stranger who walks away for five or ten minutes and brings back the paper receipt from a union perspective, we use the qr code in a mobile platform to engage in the commerce experience and provide delightful consumer experience
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and less negative reviews, i'll say. you are right. people are not coming in and yelling at the staff because it took so long we allow our union customers to do is basically empower them with the device where every single one walks in and stares at nonstop you order faster and you get your check faster. you get the push notification. welcome back good to see you. thanks for coming. appetizers on us today that is the power of what everybody is holding in their hand today >> you had me, alex, at appetizers on us today i very much appreciate that. you are raising money. we will look for union out there. alex broeker, we appreciate it thank you very much. have a great day. >> thank you >> folks, if you are going out to eat, tip well and be kind it's not that hard. on deck, a closing look at
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congressional stock trading. the biggest players and biggest five stocks that were traded over the last few years. some exclusive data you will see here and some of this might actually blow your mind. stick around has be ready to take on new challenges. that's why we built an office obstacle course ... to prepare our people for anything. you're late well, cdw amplified services experts will consult with you to design, orchestrate and manage your most complex technologies to help you quickly overcome any obstacle ... without all of this. oh, that is better. who's that? oh, if you want coffee, you gotta get past tantrum. you're in for a brewed awakening. for technology that moves you forward, trust cdw amplified services what do you think healthier looks like? cvs can help you support your nutrition, sleep, immune system, energy ...even skin. so healthier can look a lot like...you. cvs. healthier happens together.
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all right. welcome back in rbi today instead, the story everybody is beginning to talk about. the possible ban of stock trading at congress. if you think this is a small thing where they are buying small stock here and there, think again. this is big business big numbers involved let's bring you the other kind of top five at 5:00. which stocks are bought and sold the most by congress and who is doing the trading. the data from research firm house stock watcher and official congressional documents and recent we focus on the house and
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senate we count down five to one. fifth most traded stock is jpmorgan chase 64 trades in the bank over the last few years the most volume on the trade is oklahoma republican congress member kevin hern. stock four amazon $3.5 million the most action coming from the husband of nancy pelosi with four big trades representing 0% of the trading volume. the big buy in january the third most is facebook or meta 93trades recently. this stock is many in congress don't like because house stock watcher notes $5 million more in sales occurred than buys that makes sense the company they are all talking
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about regulating the most volume on facebook is by nancy pelosi's husband, who, by the way, is a very active trader over the last few years she is not the most active congressional member on facebook that honor goes to rhode island james langavin he is in stock options and apple is next at 174 congressional stock trades in the house of representatives alone. and again on the sell side the most volume here is nancy pelosi with the close second coming from washington state democrat kim schreyer. and the most traded stock by congress is microsoft. microsoft getting a whopping 215 trades worth $160 million in the last few years congresswoman susan delbene
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leads the pack there she is married to a former microsoft executive. she said this was a long-time sale around his retirement the most total trades on microsoft is new jersey's josh gottheimer remember, he talked about that with becky quick on cnbc a couple of weeks ago. those are the top five most traded stocks by volume in the house. there are many hundreds more stocks that are in play. ranging from cigarette maker phillip morris to grubhub and other oil and gas companies. hundreds of millions of stocks bought and sold. bought and sold by many of the same people who are responsible for writing the laws that may help or hurt many of those companies. no wonder people are stepping up to take notice and we will stay on the story i guess it's random but interesting around congress. let's bring in our friend jon
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najarian jon, good to have you on we talked about facebook you are seeing a lot -- and you don't have to comment on this stuff. i don't want you to get audited. >> i do all the time >> yeah. a lot of action around not by congress, but by random people facebook getting a lot of attention in your range? >> i got back in i got out, brian, basically we were lucky enough to have you at the vegas conference and on the way out of vegas, that's when that news broke, of course, about the whistleblower with hagen. the stock traded to the down side and it was under is pressure we thought that would continue long story short, i cut half my position on that day in october. then i just kept selling and eventually exited the stock in
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the 330 to 340 range i finally got back in monday this week, brian the reason i got back in was i don't know if it was mr. pelosi, but i certainly saw unusual strong activity. yesterday, wednesday, kevin o'leary called into the show and he was buying as well. the activity at the 230 strike, brian, was intense that is options that expire tomorrow on february 11th at the 230 strike they traded 33,000 of them in one big print. by the end of the day, it traded 110,000 just at that one strike. many more at higher strikes as well 70,000 these are crazy numbers. we always talk about volume, volatility, velocity you have all of that people are saying maybe enough
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damage has been done and the institutions were feasting as the shares traded up $10 or more off the low of the day >> wow by the way, i appreciate the conference i'll see you in florida, by the way at tpc we will get some sun together. it is not just equity. this congressional stock trading is also option james langavin are trading options. maybe you and pete need a new segment. unusually congressional options activity you're welcome >> they certainly -- thank you they certainly seem like they're active my steps are they have done pretty well on the timing. not just amazon, but other timing for the entry and exit is probably concise and precise,
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brian. >> yeah. so really bullish options activity with facebook/meta. whatever you want to call them jon, is there a macro market view what other major options trends are you seeing around the macro side >> well, we finally have seen people, you know, the volume of options on the vix calls and puts for that matter, has accelerated again. it is to the down side to the down side in terms of lower volatility is what they are saying is coming you can kind of see why. the market seems to have found footing. that 200-day moving average for nasdaq at 365 for that qqqq. that's one of those things that people have a little more comfort when we get back up to and through some of the resistance points.
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i think that means volatility would likely ebb more in the short-term >> jon najarian. co- founder of market reberebel. jon, see you at tpc sawgrass >> thank you that does it for us on "worldwide exchange. hope you enjoyed the congressional stock trading. it is a big and growing story. we'll stay on it for you we will see you tomorrow "squawk box" is next have a great thursday. s will pick up by q3. yeah...uhhh... [children laughing] doug? [ding] never settle with power e*trade. it has easy-to-use tools and some of the lowest prices. get e*trade and start trading today. what do you think healthier looks like? cvs can help you support your nutrition, sleep, immune system, energy ...even skin. so healthier can look a lot like...you.
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next two hours. stock trading ban for lawmakers looking more likely after nancy pelosi dropped opposition. and peloton all-hands meeting cut short yesterday after the video conference chat section was flooded with comments from recently laid off employees. it is thursday, february 10th, 2022 "squawk box" begins right now. good morning welcome to "squawk box" here on cnbc i'm rebecca quick along with joe kernen and andrew ross sorkin. check this out the dow futures are higher up 50 points s&p futures down 6.5 the nasdaq off 43. the house of mouse is helpin
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