issue there. i wouldn't be surprised even though tomorrow it could pop if you're a trader i won't mess around with it so this is what we've been seeing. the steady names have popped the non-steady names have gotten crushed in the meantime, keeping your powder dry might not be the worst thing in the world as i hand it over to you liz claman, the cp effect came in big time. we're not up a lot but we were down. liz: well, look at the s&p now, now into positive territory? [laughter] charles: [laughter] liz: this is one cookey market, putin and powell playing push me pull you with the markets as federal reserve rate hikes and a russian potential invasion of ukraine send investors moving in multiple directions, red, green, all over the place. major indices mixed right now with the s&p up five points now the nasdaq pairing most of its losses down about 19, and look at the dow. the dow had been lower at its lows of 346 points it's now down

just 25, but natural gas and crude oil are continuing to climb, but while the world frets over high inflation and russia greg the travel sector is suddenly coming back to life as the pandemic begins to fade. airbnb rallying on a record fourth quarter and what it hopes to be an even stronger first quarter. airbnb ceo brian chesky is about to join us live on his company's post-pandemic progress how he's living, hopping from one airbnb property to another, plus, does he see a place for airbnb in the metaverse and our exclusive interview yesterday with sec chair gary gensler setting the crypto verse on fire, chief bitcoin historian here live to give us the main takeaway of the crypto elite and when he thinks etf's will finally get gensler's approval but first fox market alert let me get my charts up right this second, because everything is moving fast.

the just-released fed minutes from the january policy meeting have investors at this hour saying tell us something we don't already know. right before the 2:00 p.m. release the dow was down as i said more than 340 points, right now, its climbed off that floor down just 36, the s&p did touch a session high after the minutes showed fed officials see inflation reescalating to the upside, and want a faster pace of rate hikes this year, s&p is up 3, the 10 year treasury yield did touch a session high and this is kind of interesting. session high 2.06%, just seconds before the release of the minutes, we have it at 2.046 right now, some policymakers want to end bond-buying before march. the dollar, well the green back did weaken briefly as the news popped up see how it's moving but the question becomes, what powell & company were thinking last month, we now know but we still don't know what's on russian president vladimir putin 's mind. the state department is saying moments ago that it is now see

ing russian forces moving " concerningly" into fighting positions. so, as we mentioned, oil and nat gas moving higher but it's natural gas that's really on the spike here, we do have it up about 8% the geopolitical certainty is propelling it at the moment up 8.5%. by the way nat gas is up 30% year-to-date. should investors be more fearful of putin or powell let's bring in our floor show traders teddy weisberg and tom hays. to me in the short-term it has to be putin, right? >> i think in the short-term liz you're right it is putin but if you look back to 2014 when they an exed crimea when president biden was vice president the market was down 7% the s&p finished the year up 13.69% slightly different scenario but the biggest risk for the market is a policy misstep, the odds of a 50 base it point hike moved below 50% after those minutes were out we want to keep the shortened of

the curve subdued, use the balance sheet to get the long end of the curve a little elevated and get that spread wider. a year ago, the 210 spread was at 160 basis points. its flattened to 50 basis points we don't want to see that in vertex because that would lead to a recession, so if they use the balance sheet more, put supply of the long end of the curve on to the market, that's going to capacity that spread wide, keep banks incentivized to keep lending, keep credit flowing and we could have several more years of expansion. liz: you know what's interesting , teddy i'm looking at sector performance right now, and it doesn't look that bad. i.t. is not showing strength nor are communication services but the cboe market volatility, the vix index, the fear index is dropping so maybe there is a way for investors to get through this without any fear. what do you think? >> well i don't think we'll get through it without any fear because smart investors are always fearful, especially of the unknown, liz, but you know,

the question who are you more concerned about, powell or putin, and i think my choice would have been powell. no question that we need to be concerned about what putin is going to do and that is a big short-term concern but longer term it's going to be about the fed. we'll get through whatever putin wants to do but we'll have the fed forever, and clearly, the environment of higher interest rates which have been well-telegraphed the question is how high and how fast, clearly is going to weigh on the market. i think it's time to be concerned, in fact today i think the market is pretty darn reasonably positive performance in spite of the fact that there's still plenty of red on the screen, but the issue, i think, for investors, putin aside, clearly, has to be the fed and interest rate policy going forward, and at some point , there will be a tipping

point where that's going to negatively impact the markets, if they continue on the course that they are have projected they will continue on. liz: teddy, tom, thank you. i'm watching the dow very closely it's about to take 35,000. it's at 34, 992 and in fact it touched it just a second ago. everything green on the screen, down nasdaq and s&p. earnings have been propelling here and nowhere have earnings shown a more dramatic recovery than in the travel and leisure sector, hilton reporting fourth quarter revenue nearly double to 1.83 billion, with occupancy rates in the u.s. and canada nearly tripling to 63%. marriott which reported a beat yesterday says its occupancy rate jumped to 60% marriott is up, hilton down fractionally but the star of lodging sector, airbnb. not only did the home rental leader beat on both the top and bottom line for q 4 but airbnb says 2021 was the best year in company history, thanks to record revenue, which spiked 77%

to $6 billion. airbnb also guided higher for the current quarter propelled in part by a recovery in european travel but the state department at this hour has imposed a level iv ukraine travel advisory specifically warning, "do not travel to ukraine due to the increased threats of russian military action." joining us live to discuss that, airbnb latest earnings and more is airbnb ceo brian chesky. welcome back, brian, great to have you here. let me just take this apple watch and throw it across the room. i tried to get siri to turn off the alerts and it wouldn't work, brian you guys knocked the earnings out of the ballpark we'll get to that in a moment but you have more as we were looking on the site this morning my team and iu have more than 300 home listings in kiev alone, what is the latest on your ukraine hosts, how are you communicating with them, and your customers in the region? >> well, yeah, liz first of all thank you for having me back on the show. you know, safety and security of

our guests and hosts is our top priority and so right now, we have hosts in ukraine, we have guests that stay in ukraine and what we're focused on is making sure out team members are safe and if they need us they can reach us 24/7 for support and safety and security lines, so that's really what we're focused on right now. liz: well yeah and i would think because you've got some commercial flights that now don't have insurance if they venture into ukraine and crimea air space, you are looking at international travel as part of this comeback story. how concerned are you or have you guys had meetings or talked about whether a chill may spread across more of eastern europe beyond just ukraine and parts of russia? >> i mean, i think one of the lessons, liz, from the last two years is it's very difficult to predict events around the world and anyone that was in the business of predicting the future has been humbled so i've tried to, instead of trying to predict exactly how things are going to play out, build a culture and a company that is

resilient and able to adapt however the travel changes. you know, we have nearly every type of home and every type of community and every price point all over the world, so however travel changes i've ascertained to make sure they're ready to adapt our community is resilient , we're continuing to invent, and innovate, but also we want to make sure we're always there for our guests and hosts whenever they need us because we know this is a very uncertain time and they need to be able to reach airbnb so that's really what we've been focused on. liz: the fourth quarter earnings , they knocked the lights out, second profitable quarter in a row but wall street is really embracing your better-than-expected first quarter revenue forecast. can you, brian, go out on a limb and say that 2022 will be the first full year of net profits for you guys? >> i mean, i hate to -- liz: projecting. >> yeah, yeah, but exactly. so i would just to look backwards. i think one of the things that you can, people can take confidence in is look at the quarter-by-quarter improvement

starting with the pandemic, but then when we got to a slightly- more normalized place what you'll see is quarter-by- quarter you're seeing a couple trends. there a whole new way people are traveling, stay longer, half our nights booked now are for a week or longer, this is wide open new category of travel for airbnb. people travel thousands of communities all over the world, we're in 100,000 communities so this new way of traveling is here to stay. at the same time, what's really exciting is cross border travel. in urban travel, which was the vast majority of our business before the pandemic, that is going to come back. we saw cross border travel was only 20% of our nights booked during the depths of the pandemic. it's now about 35% of our nights booked and i think that's going to continue to grow. the other trend, liz, i'm seeing is more and more people are less tethered to an office, right? not everyone, but a lot of people aren't going to have to go back to work five days a week and if you don't have to go back to the office five days a week you have more flexibility.

as people have more flexibility they're living in different places, staying longer but also when borders reopen they start traveling and living more abroad so we'll see a lot of longer stays in different countries and i think it will open up a whole new category of travel, so we're really excited and i think this is going to be a new golden age for travel. liz: well specifically, you know , your stay, the longer stay s, 28 nights or more accounted for 22% of gross nights booked in the fourth quarter. brian how does that compare not to last year, because that's crazy, but pre-pandemic bookings >> i mean, the really interesting thing is this was always the fastest-growing segment of travel and before the pandemic, it was still well above 10% of our nights booked and its been increasing year by year. i think what the pandemic did less than creating new behavior is i think it accelerated many trends that were inevitable. the pandemic probably brought forward by many years the

acceleration digitization, as the world gets more digital, everything becomes more ubiquitous and you don't have to be in any one location as much as you used to, the place to be for most people now is the internet if you have an office or knowledge-working job so i think what it did is just accelerate trends that we were already seeing and this is a really big deal, that 22 we're per of our nights were for stays of a month or longer, and nearly half our business was for stays of a week or longer. what i know is the longer you're away from home the more you want to be in a home and it's very cost prohibitive for people to stay in a hotel so this whole new category is really really interesting for airbnb. liz: speaking of trends and new categories, i wasn't even going to ask you this , it involves the m word, metaverse, but because i thought that's ridiculous. i can't envision it and then i started to think about how airbnb could actually dip its to e into the metaverse and then i saw my team saw that jpmorgan has opened a virtual bank in the metaverse complete with, i don't know, a roaming

tiger and framed photo of jamie dimon. i think we've got a picture of this , there's a still photo it doesn't look like jamie dimon but then i thought, you know, for people who can't afford a trip say to a castle in ireland, how about a virtual trip? how do you envision airbnb participating in the metaverse? >> well, i mean, i think this is very very early days for ideas like this. i think that the internet, which is pretty much still a two- dimensional thing, will become more three-dimensional and more immersive so that is inevitable. i also think things like the metaverse and the three dimensional internet are not going to replace the real-world. they are going to become gateways to the physical world. the internet didn't replace people traveling fact i think it inspired more travel, so we don't have any near term plans, right now liz what we're most focused on is many people have been stuck in their homes for two years. they haven't been able to travel , and the thing they miss is not more screen time, what they miss is getting out in the physical world, seeing family. liz: oh, i'm with you on that.

seeing travel and friends and so that's really where our focus is going to be this year, is this is going to be a travel re bound, i think unlike any other. i thought last year was going to be that. this year is probably going to be even bigger so we want to be there when people want to gather in the real-world, because this is also a very lonely time for a lot of people and i think what they really need is the connections that are most nourishing that come from being in the physical world, so that's what we're going to be focused on right now. liz: before we go, i know you're coming to us live from another airbnb, you've been hop scotch ing the nation all over the place. what's the one thing you've learned that makes the best airbnb experience? i've done airbnb, i like when they leave a laminated instruction sheet on how to operate everything. >> well, i mean it's funny you ask. you're right. i think when people see airbnb, they see homes, but behind every home is a host, and a great airbnb is going to have a great host who learns the value and accommodates the experience so for example, i'm not traveling

alone. i'm traveling with a seven month old golden retriever puppy named sophie, so i my add i have a pet with me the host asks what are you traveling with i say i have a little dog and the best host has dog treats and biscuits for sophie, so anything that provides personalized experience is great and i can assure you that sophie prefers airbnb now more than hotels. liz: oh, i bet, i bet i would expect you to say nothing else, considering you guys are completely disrupted the hotel industry. brian thank you very much for joining us on a killer quarter there, and we'll be watching when you report your first quarter. thanks, come back soon. >> thank you very much, liz. liz: another major winter storm, i know, another one, bearing down on the midwest, has one company cranking up for another round of big sales, thanks to mother nature, and wait until you see what the stock of this company is doing. we'll reveal it, next, in today 's pop stocks. with the closing bell ringing in 45 minutes, the dow made a run

for the green, it was there, it's down just 38 points at the moment, stay where you are the "clayman countdown" is coming right back. at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. i'm mark and i live in vero beach, florida. whose resumes on indeed match your job criteria. my wife and i have three children. ruthann and i like to hike. we eat healthy. we exercise. i noticed i wasn't as sharp as i used to be.

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liz: fox business alert, earnings of course have been dominating the tape at this hour but look at kraft heinz at the top of the nasdaq after the maker of philadelphia cream cheese and heinz ketchup beat earnings estimates we've got the stock popping 5.7% the packaged food maker said it's raising the price of its snacks and condiments to offset soaring costs of raw materials and transportation. shares of generac are electrified after the generator maker beat fourth quarter earnings estimates and issued a bullish 2022 outlook a nice jump in the stock up 14.5%. the company forecast 2022 net sales will increase between 32% and 37% from the previous year, driven by increase in home stand by production capacity, growth in clean energy markets, yeah, because they run on natural gas, recent acquisitions , and strong global demand. metaverse and gaming platform

roblox on pace for its worst one-day percentage loss ever. it's a young company, hasn't been public that long, but a 27% hit is pretty significant. the 770 million number for fourth quarter bookings missed estimates roblox also reported a wider than expected loss, analysts are mixed on the platform that provides users the ability to make games and interact virtually. needham reiterated its buy rating at 53.52 right now but benchmark kept its sell rating with a target price of $75 saying the future looks bleak. now, that covid-19 restrictions are tapering off and people are venturing outside and away from their screens. just like brian chesky said people want away from the screen and live the real life. facebook parent meta platforms down two and one-third percent because alphabet pulling an apple announcing it plans to implement new privacy restrictions which would make it

tougher to track android app customers. so we've got meta platforms down about $5.04. its been a rollercoaster ride for amusement park operator ceda r fair, rejecting sea world takeover offer valued at $3.58 billion the company says the offer was not in cedar fare's best interest the stock is down 5.25% despite reporting fourth quarter revenue that beat estimates for its part sea world is popping just about 1%. sec chair gary gensler telling the "clayman countdown" exclusively yesterday that he's offering a "basic bargain" for companies to cash in on crypto, but is it a bargain filled with too much government red tape? we'll ask the man who knows all things crypto, coin geek chief bitcoin historian, yeah, there's such a thing, curt walker jr. joins us, next. closing bell 38 minutes away, you've got the dow still flagging a bit down 21 points, bitcoin on the move to the

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liz: crypto prices at this hour are actually picking up a bit, we have bitcoin moving higher by a third of a percent so 44, 259, ethererum is moving higher by one and three-quarters percent above 3,100 and xrp up three- quarters of a percent to $ 0.84. ether and xrp specifically both tokens created to develop underlying platforms ethererum and ripple but the securities and exchange commission is only filing a lawsuit against ripple xrp alleging its been selling itself as a currency, but it's " really a security" that should be held to tighter regulatory standards. yesterday we pressed sec chair gary gensler on this issue. listen to what he said. where do you draw the line, the distinction between what is a security and what is an actual currency? you know, example a.

what ripple did, selling xrp to build-out its underlying blockchain network, no different than example b, ethererum floating an ico, you know, a coin offering, to help its underlying ethererum blockchain. there is no difference. >> it's pretty straightforward. raise money from the public, the basic bargain of full and fair disclosure and anti-fraud protections and you register with the government agency called the securities and exchange commission, and that's really what we're trying to do is help continue with that basic bargain where technology-neutral if people want to invest or speculate in this field then the tokens and most importantly, the platforms, the trading and lending platforms come in, register, do it within the law, not trying to skirt the law. liz: well, tomorrow documents in

the case are expected to be un sealed and may get greater clarity on which side is right, and as the growing crypto universe watches and waits, let's bring in coin geeks chief bitcoin historian curt walker jr.. i love the title great to have you here. what did you make of what gary gensler said and do you see a difference, am i wrong on this , is there some difference between ether and xrp? >> not in my opinion, no. ethererum was issued in a crowd sale, was arguably the first ico we've heard from joel lubin on stage they issued it in order to raise money so they could create ethererum 2.0 and if you recall, this whole thing that ethererum is not a security is based largely on the opinion of hinman , who basically said it just barely made its way through because of proof of work which is on the roadmap of ethererum to get away from so the argument that ethererum is not a security is a paper-thin

argument at-best. liz: okay so hinman, who worked at the sec, this pre-dates gary gensler along with jay clayton, who headed the sec, and both, it seemed, were kind of in disagreement with each other depending on which way they were talking about it, but william hinman was very clear when he said ether is not a security hence i guess it's a currency, right? and therefore, gensler comes, he's left holding the bag. i don't see how if he's going to sue ripple, xrp that he doesn't go after ether at least make it look like he is. >> i would agree completely and i say this as someone whose generally a fan of gensler. i think the whole blockchain economy is very lucky to have an sec chairman that really seem s to care about the process, he cares about the technology, he's quite educated he's not your typical old man shakes fist at cloud kind of guy, just trying to regulate everything into compliance. i think he really seems to care about and like the technology, so i'd like to see a little more

consistency from that. liz: okay, i want to get to when we'll see a spot bitcoin etf. he really doesn't see it at the moment, and i was looking into history of etf. it took something like seven to eight years for the spider, the s&p etf the pro shares so come into existence so this could be a long road, right >> indeed, and i think part of it is that an etf, it's one of those things that was created so people could hold difficult commodities in portfolios and bitcoin is one of those things that you don't have to ship stuff around the world and manage those kind of thing so paper bitcoin has always been one of those things that doesn't make a whole lot of sense in my opinion and regulators look at it the same way and say if you want exposure of bitcoin to your portfolio, think are a lot of ways to do it and etf is, it's just not that big of a step in my opinion. i understand why they want it, but ultimately the technology sort of lends itself to not really needing that sort of

financial vehicle in the first place. liz: the ftx ceo of our good friend sam fried, he came out and said we are in the crypto autumn. we've heard of the crypto winter which is these long stretches where crypto just doesn't do anything. he says it's the autumn but i need to talk to you, as the bitcoin historian at coin geek. tell me where the price of bitcoin goes, because last year it was oh, it's going to hit 100,000. this year, we're not even at the half point of 100,000. what do you predict for bitcoin this year? >> you know, i've not been a big bitcoin bull for a long time i think since the price broke out over $20,000, that number has never been retested. it exploded up, it exploded up alongside the meme stock craze, ultimately elon musk basically doubled the price of bitcoin with his own opinion on twitter, and then pulled back and maybe unilaterally crashed the market

as well, or the first big dip, but ultimately, we're seeing celebrities with nft profile pictures on twitter and the typical did grandma ask you about bitcoin at christmas that's your cell signal right there. i just think frankly we've had a very long bull run and these things come in cycles and people need to cool off and people need to reassess what the technology is actually for. we can speculate forever but at some point there needs to be like value creation and not just value absorption and we've really seen like 13 years of value absorption across the bitcoin market and i personally would really like to see a disruptive business created with the technology that makes it the price starts to outperform your typical just your risk assets. liz: we'll be watching it all, we've been covering this very closely for years now, kurt great to have you thank you so much. >> thank you. liz: all the glitters is certainly gold when it comes to

barret gold the ceo mark bris tow is joining us next on his company's blockbuster earnings as vladimir putin and jay powell put a shine on precious metals. closing bell 27 minutes away, here is what we see. we now have the dow and the nasdaq back in the red although you could call the nasdaq flat, the s&p cling ing to gains of five points we are coming right back. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq everyone remembers the moment they heard, “you have cancer.”

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liz: nice move for barret gold take a look at shares they are jumping 7.8% after smashing analyst expectations in the fourth quarter. the gold and copper producer beat on both the top and bottom lines and announce announced a $1 billion share buyback program and with the historic inflation that we're seeing right now, along with geopolitical jitters, pretty much at highs at the moment, what with ukraine and russia, what does this year hold for gold, and will it

strengthen its position or weaken as a safe haven for investors? joining us now in a fox business exclusive, barret gold president and ceo mark bristow. mark, right off the bat great numbers we could go through all of that. it's quite obvious you've done very well, but what do you make of what's happening in eastern europe right now, and how it affects your world and the price of gold? >> uncertainty always benefits gold, liz, we've got a lot of that, not only in eastern europe , there's a lot of change, there's a lot of questioning about the status quo, all the as we're talking earlier, the money supply, the quantitative easing, and i think that on the back of covid we didn't manage it really well, and these conflicts are around, across the globe. if you think back to the mid 90s

when we had very few, if any conflicts, it's a very dynamic world out there, and we're not pulling together, clearly, as you just pointed out. liz: well, you know, when you look at what cold is doing, six months it's definitely climbed back to its earlier highs and we are at the highs right now at 1,881 per ounce. where do you see this price going and have we reached peak gold? everybody talks about that, and i mean, i've seen some analysts say yes, some say no, but it is finite and therefore it is something that we need from your mind, exactly where you see this >> so i've very definitely at this stage in the industry, we have hit peak gold not because there's not more gold to be found and mined. it's because we haven't invested in finding it and so and again, we're seeing like we saw post

the global financial crisis, some big deals with big premiums being paid to consolidate the gold mining industry. where does gold go? it goes up and down, not necessarily in that order, but we are back, as you say, to that flat period post the 2011 peak, which followed the global financial crisis, and i still believe and i said openly there's more risk on the upside to the gold price right now. we haven't seen anything washing out. the markets are hot. there's a lot of government debt around. inflation is definitely there, and the way we're dealing with it, we're not dealing with the negative interest rates. this is the only way you can stop inflation, so all good for gold, at the same time, barr ick manages its business on a $1,200 long term

gold price, and that's the success that you see on both ends of our business performance at the moment. liz: well, the stock is having a pretty decent performance up 7.75% mark good to see you and we'll have you back again. >> thanks, liz. thank you very much. liz: viacom cbs has a brand new name, but are shareholders buying into what the new paramount is selling? charlie breaks it next and i have a question for you guys. how did a dad, with zero pharmaceutical background or experience, launch the first- ever clean over-the-counter pharmaceutical company now backed by gwenyth pa ltrow? david johnson joins me on everyone talks to liz podcast to tell the story of launching his company genexa, and the obstacles he had to come

along the way. dozens of rejections but you've got to hear his story get it on apple, google, spotify anywhere you download your podcast closing bell is ringing in 18 minutes the dow, well, more comfortably above 35,000, it 35, 500 oh, i shouldn't have said that we'll see if it holds we're coming right back. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

liz: well, it was worse earlier, when you're looking at the stock of view o come cbs a big name change announcement not enough to keep shares of the company from falling off the cliff, the media giant will now be known as paramount global, but investors are focusing more on the company's disappointing earnings. viacom cbs reporting $0.26 in

adjusted earnings per share well below the $0.43 expected. bank of america said forget it i'm downgrading the company from buy to newt all and cut its price target from $52 to $39 a share at $29.31. the company will begin trading, new ticker symbol, para, on the nasdaq, beginning tomorrow, but for now, viac down 18.5% and by the way, it was as well as $ 27.84 earlier today. let's bring in charlie gasparino charlie? charlie: liz, we've got interesting new exclusive details here on the company, and where it's going, what's happening going forward and why the company is, why the stock is down today. clearly, it's more than just the name change. the name change is welcome, viacom cbs sounds like something you don't want to eat for dinner, so what did they change it to? something that has much more brand name sort of retail value,

and that's paramount and that's what they are going to be that's a good sign, that's a rebranding that i think most analysts would say is necessary. now, here is the interesting part why the stock is down. people are essentially in putting numbers on the massive amounts of spending they are going to do on stream ing. they are apparently going full board on streaming that analysts believe the company is going to be losing money, the whole company, not just the streaming service, but the whole company is going to be losing money in the next couple of years, and that's why people are now selling the stock, that's why the analysts are downgrading and also if they do this , the theory goes, among bankers and analysts i spoke to both today they are now off the table in terms of a sale. that sherry redstone, who essentially runs the company as head of national amusements the holding company of cbs viaco m, which will be paramount come, bob backish who

is the ceo, when you do this much spending and this much expansion in a certain area and you incur that type of losses it's hard to sell a company. usually you do the opposite when you want to sell you downsize, limit losses and get the company ready for a sale. i will tell you this , liz. we've spoke with people inside the company, they tell us that they think the company is more attractive once they go full bore into streaming, that they are essentially not off the table in terms of a sale and they think they are going to be a much more attractive partner with just about anybody, you name it, the government allows them to do it, once they now that they are making this move into streaming which they believe is the future of broadcasting. we should point out that stream ing services, if you gone down the line, haven't really been doing that well, profitability-wise, so you could see why the street is not too impressed here, but two stories here. the bankers, the analysts are saying you aren't going to sell the company if you do this massive expansion into

streaming, while you're taking losses, inside the company, liz, what they are saying is no, no, no, we're still potentially for sale, we think we're a better target, a better partner, as we go through this new, as we go in this new direction which is the future of viewing television and everything else, liz, back to you. liz: you know, i think about that time back in april of what, 2021 when it was $91 a share for the brief shining moment. charlie: that was the bill wong thing? right? remember had to buy the stock because of that crazy derivatives trade he had? that was crazy stuff, last year. last year was a year in the markets totally nuts. liz: yeah, it was and people bought it at 90. there it goes, they bought it at 90. charlie: like amc, if you buy it at 70, that doesn't mean it's going to a hundred. liz: hey if you love it at 97

you'll really love it at 20. okay great to see you thank you very much, charlie. up next, the two sectors, our $200 billion countdown closer is using to fill up his portfolio tank. countdown to the closing bell, let's see we've got nine minutes to go, the dow now up 24 points, stay tuned we're coming right back. certified turbocharger, suspension and fuel injection. translation: certified goosebumps. certified from headlamp to tailpipe. that's certified head turns. and it's all backed by our unlimited mileage warranty. that means unlimited peace of mind. mercedes-benz certified pre-owned. translation: the mercedes of your dreams is closer than you think.

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♪. liz: we have told you guys you have to watch these shows, especially in the final hour of trade, the last ten minutes is always going to be nuts. we just, a couple of minutes ago hit session highs. the dow was up 53. now look at it, it is down 36. remember we started the show all in the red. geopolitical tensions weighing on investors but the federal reserve minutes did show

policymakers last month were willing to gauge rate hikes based on meeting by meeting analysis of data. so as we head into the final four 1/2 minutes, if you're an investor running on empty when it comes to deciding what to do, our countdown closer has two sectors even during the powell-putin drama that he is filling is $295 billion you under mappingment assets tank with. we have eric friedman. eric, these final hour of each day of trade is just incredible. we see so many headlines driving the actual price action. you as a spy with this much in assets. tells where you you are each day ready to flip on your computer, what you're going to do. >> never ending cycle, thank to people like do, we have great coverage, what is going on around us. i would say our perspective near

term little more defensive and balanced in your portfolio outlook. the reason you do that, federal reserve. that is a data point yet to be fully digested. we got good information today with respect to the minutes. that leads to us believe there is probably more communication between now and march 15th which is when the fed will meet for its really next big meeting. bottom line we would be a little more defensive. the way we're expressing those views through both utilities as well as energy. so we think that those are two places where will benefit from some cash flow but also even if ukraine and russia, hopefully those tensions will simmer, we think there is a opportunity for oil prices to head higher. those are two places you can pick away at here. liz: well, yeah, we want to, we promise, thank you for the compliment, this show in particular we promise get them every headline that effects

things, as we sat down to start the program, estonia service says russia is moving 10 battle groups where 100 groups are already deployed. there is very much a moving target. that said, are there subsectors within energy and utilities, you have drillers, refiners do you like the entire space? >> we like the entire space as well as exploration an production as well as super majors are of interest. one reason behind that there is a real underinvestment in energy for some time. there is lots of reasons for that but the bottom line it is very difficult to start a oil discovery project. it doesn't happen with the flip of a switch. so we do think that is a space you can get involved in. now i want to be clear in terms of the overall take we still think that there is, there is opportunities and more value orient sectors as well. so this is an environment where

we think having that patience, really getting involved on more after staged basis makes sense. we think there will be plenty of opportunities this year to buy equities. there is a lot to learn about what the fed might do. again, don't want to be too glass half empty but we do think the opportunities will exist in things like tech, things like small caps, mid-caps. we would be patient and overly aggressive here. liz: when you talk about opportunity the underlying strength may very well be the consumer. we got retail sales number for january, a record, year-over-year. it is up 16.1%. so clearly we have a relatively robust consumer out there. in the end, would you be, as you look at equities making sure you have some cash? we have 30 seconds left. >> i think it is worth having dry powder, liz. there is great option alty in cash right now. because of the back and forth with the fed, there is likely some level of downturn in the economy, not a massive one but

next quarters will be choppier than the fourth quarter, which is when the retail sales are predicated off of, having some cash, being measured. always a great idea in this environment. [closing bell rings] liz: eric friedman, great as always to have you. thanks so much for joining us. on a very busy day with the markets mixed, with the dow down 55, nasdaq in the red. that will do it for us. "kudlow" is next. larry: hello, everyone, welcome to "kudlow," i'm larry kudlow. so the "qunnipiac poll" just out today, mind you it is a liberal leaning poll, again shows why voters are not buying what joe biden and the democrats are selling. check this out. the most urgent issue for republican voters is in inflation, 36%, immigration, 23% and then crime, 11%. by the way independents show similar results. most your gent issues, inflation 32, immigration 10.