daimler wound up settling with nokia.y are calling a truce in the war over mobile patents which is more and more important for the car industry as cars get smarter and depend much more on technology than the actual guts of an engine, particularly as those transition to electric. i wanted to dig deeper into the daimler and nokia story with bloomberg german legal reporter. karen, phyllis in on this decision and the significance of this for the audit -- phil us -- karen, fill us in on this decision. >> there was this decision lingering over them. in case nokia would have won an injunction they could have enforced against daimler they could have stopped dime our sales and terminate, which would have been a nightmare. for daimler it was good to settle it. the auto industry still has this open industry on how patents are being licensed in the industry. that is still not solved. alix: we have the terms of how they have settled? karin: they did not disclose them. the big issue was whether daimler should pay a lump sum per car or

matt: do you consider nokia a meme stock? dani: i do.t what happens at nokia, even in the european trading, it surges. they are all connected. matt: i loved nokia phones. i am old enough to love the original phone line. it no longer really exists. let's get to the oil story. it will be front and center today. we have the big oil majors dominant in terms of ftse readings. dani: i used to have a nokia flip phone that i but dazzled. what is -- that i bedazzled. we have all of these oil stocks that should rally today given prices of oil are moving higher ahead of the opec-plus meetings. and material stocks should do well but there may be some diversions with iron ore strong but steel slipping. matt: swedish banks you are watching. what is that story? dani: with the banking sector, an important story has been their ability to return to dividends. the swedish financial authorities had limited the amount of dividends banks could come out with but they came out with a statement today saying they are not yet lifting that and guidance stays. they

government, the kind nokia and ericsson had years ago. there is traditional u.s.pticism of foreign influence. that's why independent testing is put in place. and it strengthens software and supply chain standards. so yes, it impacts, but we are independent and we can prove it and we look forward to the opportunity someday that we can do that. gopal: speaking of software standards, a couple years ago, the united kingdom government along with the board comprised of huawei executives had come up a report that pointed to software breaches in the telecom network development huawei was doing in the u.k. can you talk about how in the last three years, how has huawei addressed the software development process and what have you done to address cybersecurity measures on your equipment and devices? andy: first, when the u.k. government made those findings, they also said, and the parliamentary committee report said, the u.k. is not at national security risk with huawei despite those vulnerabilities been they also said u.k. communications networks would be less secure if huaw

we will not get out of the difficulties before the beginning of next year >> daimler and nokia ended the dispute with the german carmaker paying directly for the use of technology the long running legal battle included a complaint by the european commission over royalties over navigation systems and self-driving cars. >>> elon musk responds to a kept part skeptic on twitter tesla increased the model prices in may the ficfth in recent months tesla experienced the most harmful supply chain challenges ever during the pandemic. >>> and xpeng has increased the predictions for may. come ppetition is rising and th is one part of the conversation. switching from audio to video as an outlet. let's talk about the interview that you conducted the electric vehicle industry is heating up in china. where does xpeng fit in the overall picture given the competition? >> one thing you have seen over the past few years is government subsidies for the electric vehicle market helped start ups come to market to challenge the traditional automakers pivoting to electric vehicles tesla, it is important to no

why gamestop and amc and nokia and blackberry why did they get all of the attention?i think it is simply the price point. if the meme stock is only because it was discussed on wall street by bored people at home spending stimulus checks during lockdown, then tesla would be a meme stock back in january, tesla was trading $500 a share now it is $600 it is not a true meme stock. it has to have the price point of $10 a position. amc was $2 per share gamestop was an outliar. it is trading at $20 a share all of the names blackberry and bed, bath & beyond and nokia that is all around the sweet spot to discover the next meme stock, it has to have the entry point where someone who is thinking this would be a waste of money what the hell? it's $2 a share. let's go for it. anyone who did that with amc in january, they are very happy today. >> yeah. by the way, i'm happy for these people you know, you place a bet. how much money you have. you iimply, peter, a lot of this is money people can afford to lose with the stimulus check or whatever it may be a couple bucks i'll buy a cou

this year, the likes of erickson nokia and google joining the list of noticeable absences. organizers are hoping the mix of in person and online events will allow more participation despite travel restrictions, with many journalists, experts and visitors following events from home. it will see here that this show is a hybrid show where we're going to have 30000 physical people here. but we're also going to have several thousands of people in virtual mode. so this is a, a 1st attempt of having a proper hybrid show where we will interact with people on line versus people physically here time. and i think one highlight especial appearance by a long mask. on tuesday evening. the 10000000000 now will present his starling project, a satellite network at his company space x is building to provide all corners of the earth with internet access. we have the conference showing how communication tech has providing hope for the future. in these difficult times, even the background, this is a encrypt google. and sticking with tech e, sports have not been a phenomenon in africa for long, but a fast

or this year, or on those absences, nokia ericsson, google, are among the major firms. skipping. ah, that's all from in the business team here in berlin for me, or do you have a website, ww dot com slash business to buy the the fight against the corona virus pandemic? how has the rate of infection in developing? what does the latest research say? information and context. the corona virus. 19th special next on d. w. p is the worst nightmare of the drunk. the most powerful mafia group in europe. prosecutor nicholas is victory. a massive trial against the criminal organization for which the witnesses and the victims. families are eagerly waiting one prosecutor's battle against the mafia. the 60 minutes on dw ah, ah, what a difference a year makes football fans follow the european championships. in some places even with masks, the bands are playing before live audiences. and people are traveling again. but it's all of that a good idea just over a year ago, the corona virus made the world shut down, brought death and despair.

believe it or not, nokia got a contract with nasa to get self- service on the moon, seriously. i'd end up on the dark side of the moon and couldn't get a signal but that's a really speculative one but also there's one more i want to get in before we go, aerochat rocket 9 holdings they build space ships so what space ships need so this is going to be a very hot sector and you're getting in fairly early. liz: uh-huh, and who knows, who knows if you get elon musk taking star link public. there is always that, scott full man, your next hot sector, we've got an investor audience that's watching right now, very eager to get into an area that isn't overbought. >> so i'm looking really at two areas right now. first is leisure, but not hotels , not the airlines, but basically, going to the great american outdoors and that's why we like american outdoors, aout. stock looks really great, and we think that this is going to be a popular company for this summer, because again, the consumer is having a difficult time booking trips, getting hotel reservation s, so if they're looking to get out

government, the kind that nokia and ericsson had in years past, so we can stick to the same thing.here is traditional u.s. skepticism of foreign influence. that's why independent testing is put in place. and strengthens software and supply chain standards and so forth. so, yes, it impacts, but we are independent and we can prove it , and we look forward to the opportunity someday hopefully that we can do that. gopal: speaking of software standards, a couple years ago, the united kingdom government along with a board comprised of some huawei executives had come up with a report that pointed to video software breaches in the telecom network development that huawei was doing back then in the u.k. can you talk a little bit about how in the last three years, how has huawei addressed the software developer and process, and like you point out cybersecurity, what have you done to address cyber security measures on your equipment and your devices? andy: first, when the u.k. government made those findings, they also said in the parliamentary committee report said, the u.k.'s not a national s

like the automobile again for mag, you know, money laundering is highly legal. nokia cookie spots the one of the persian gulf, the wealthiest country as has spend billions of dollars on state of the stadiums. wow, look at this, the stadium is really taking shape. you can see the bowl and most of the stands now, when we were here a little bit over a year ago, at the same construction site, it was just a foundation and a few metal structures. so it seems that time why this idea to use shipping containers as building blocks has definitely paid off. i mean, they're easy to assemble and easy to dismantle, just like playing with lego. the for the 1st time in a world cup have treat the stadium will be billed from shipping containers and what's more, it will be completely dismantled after the tournament. i get used to the attacks from different directions. the attacks over various matters of various sorts and degrees of gravity, and i'm not stunned by all that to me if you didn't speak to americans, nbc network ahead of his stomach, joe biden. next week we'll go through the key points of that

and how about my bill again for my, you know, money laundering is highly legal. nokia cook spot, you join me every 1st day on the alex salmon show and i'll be speaking to guess in the world. the politics sport business . i'm show business. i'll see you then me as a korea professional sport is much tougher on some than others. she was a year old myer by everybody. so why would somebody believe me? i was just a little girl. the price paid to, to, to achieve really was was how to read in the paper this morning. usa swimming coach, arrested, allegedly had sex with a 12 year old girl. this happens almost every week. we get calls of the office, i get informed about one of my greatest fears is someone's going to start linking all this together. there's going to be a 60 minute documentary about youth coaches in sports like gymnastics swimming. is that documentary? see it on our team. so what we've got to do is identify the threats that we have. it's crazy foundation, let it be an arms race is often very dramatic. development. only personally, i'm going to resist. i don't see how that strateg

government, the kind nokia and ericsson edges past so we can get to the third thing, though traditional u.s. influence from foreign influence and that's what independent testing are put in place. and strengthen the software standards can supply cheap standard and so forth. so yesterday back impact but we're independent and we can prove it and would look for to the opportunity someday hopefully we can do that. >> staking a software standards, a couple of years ago the united kingdom the government along with a board comprised of some huawei executives had come up with a report that pointed to software breaches in the telecom network development that while we was doing back then in the uk. could you talk a a little bit about how in the last three years how has while we addressed the software development process and what have you done in terms of like to point out cybersecurity come what have you done to address cybersecurity measures on your equipment and your devices? >> guest: first, when uk government made those findings, they also said that, and the parliamentary committee report said

notice that there is much less patience at the moment for journalists to cover events, especially nokia by east jerusalem. ok, hold on. just hold for a 2nd. again, i want to keep putting this back into some context as well, or at least context of the last month or so. when we have had protests in, in, in neighborhoods like check it all over the full expulsion of the threat of false expulsion of palestinian families. we had violence at alex and mosque and then of course, all of that leading up to the 11 days, ready bombardment of gaza. let us not forget that this happened during those 11 days. this was may, the 15th, when the building which house al jazeera and the associated press as well as other local media organizations. that's what an israeli strike did to that building completely destroyed. it found that case a warning was given prior to the strike is ready. say they give a warning, they tell you the building is going to be targeted because they believed there were mass elements in that building. our journalists and all the journalists managed to get out and take what little equipm

again for mag, hey, no. money laundering is highly legal. nokia cook, watch join me every thursday on the alex salmon show. and i'll be speaking to guess in the world, the politics sport, business. i'm show business. i'll see you then in the welcome back today marks 9 years since wiki leeks, founder and publish a julian a some sort refuge in the equitorial embassy in london. you can watch our interviews with him on our youtube channel today, according to the us. he is being tortured in london in a week when even concern so called mainstream media like cnn, met with the department of justice about press freedom in the united states. and as u k, u s u armed israel bombed gaza so recently the site of the destruction of a p and al jazeera and joined with sydney by independent journalist north anthony lowenstein, who has been an east jerusalem for the best part of the last decade. and see thanks so much for coming back on. so yeah, we the now is all this geneva meeting, we get orders by bennett, the new israeli prime minister to bomb garza in response to balloons from hamas. it seems you'v

now despite all the speculation we're hearing, and if there is fil nokia indication of what actually cause no, there isn't. we know that the building was undergoing some maintenance work. there was having repairs done to its roof. this is a building that was completed in 1981. and there's a mandatory re certification here for buildings over 40 years old. and it was in the midst of that process before the collapse happened. it's not entirely clear though what led to the collapse, although there has been a lot of structural problems, structural engineering problems. we have many residents who are new law, complains about cracks, and the walls and, and other things that made them question the integrity of the building. we also have construction at the building immediately adjacent to it, which you'll see right behind me. that's that slightly bigger building and there's heavy construction work that's been done on that building. and many residents had complained of shaking in their own apartment long before the collapse had happened . so there had been some concerns about the structural i

the technology that while way is putting out is far more advanced than nokia. where erickson the next to biggest companies that put together 5 g technology for telecom companies while ways, way ahead of them in terms of advancement, but also was much less expensive. and so essentially what we're doing is us taxpayers is subsidizing the rest of the world to get 5 g technology so that they don't have to buy it from china. and again, the whole idea is to decouple from china, but will it actually work? what wait and see. yeah, it's interesting whenever you get to talking about for an a, there never seems to be nearly enough oversight when it comes to these plans that they're throwing out quite literally all around the world. now, christie essentially has been noted the us will be subsidizing 5 g technology for countries in eastern europe and central america under this plan. so how successful do you think this program will actually be? i don't think this program is actually going to be successful because if wanting to lead and help other to deploy 5 g than one would

some of these names will have to beef up production, and it might be a place like intel along with nokiain 5g. >> i remember when you would hang up a phone call and you would get all these messages >> so i can watch a video ex toast e. and talk at the same time, and probably do my banking. i'm going to be so confused, it won't even be funny. >> thank you both. we appreciate it. >>> is wendy's the new meme stock? the name trending on reddit and soaring 20% today. is it worth the hype >>> a reminder that june is pride month. all month long we will spotlight people here is "new york times" columnist jim stewart. >> being gay, a, didn't exist, or b, was a sin and a crime. i figured the only way to get ahead, even to survive, was to learn more, work harder, try to be better than everyone else it forced me to be very competitive. i didn't think that was fair, but it's something that has guided me throughout my life and turned out to be a great advantage. go aflac!!! what the heck, troy - that's not your kid! the aflac duck is just covering for sophie. same way he got me money to help cover her

i haven't run the financials on blackberry or nokia, but these stocks have gotten wings as retail traderstions. how is this happening? >> that's a good question. i look at this stuff as distractions to the broader market. if you are in stocks like amc, gamestop, that money should be totally discretionary. you should be willing to lose everything in those names. it's a lottery ticket. this is the sort of thing that happens in the late stages of a major rally. things get crazy. i'm not surprised that you have the sorts of anomalies. for people watching the show, to meet this isn't investing. it's videogame/gambling. i would be careful to get involved in any of these names. >> you made a contrary and call in the spring on gold. we are waiting for the beige book. it might be the catalyst the markets are looking for. d fit in? >> when i was on your show in march, you estimate an interesting question, you said what is your most contrarian call? at the time, gold was getting pounded. i said in march, i still haven't given up on it. i still think old is going to make a comeback. at that time, we

blackberry, nokia, or pot stocks? >> it's hard to predict their behavior.rom our data it's pot stocks, cannabis, and if you look at the game [indiscernible] stops in january, there was a clear [indiscernible] and it turned into a pot stocks. so we see a small pickup into [indiscernible] i think it will be a possibility. matt: so they make these massive rashes -- russia's -- rushes and then they take a we break and go back. thank you for joining us. let's see what mark crumpton things about going on. t minus eight minutes and 40 seconds until the rock -- the launch. mark: present biden is offering to create a 15% tax floor for businesses that pay lower taxes. this replaces raising the corporate tax rates to 28% as proposed. this significant provision is apparent to win backing on the infrastructure package. the recommended no minimal corporate tax rate takes aims at dozens of profitable companies that pay little to nothing in federal taxes. the rewriting of global tax rules for digital errors and tech giants, president biden's proposal for a minimum global c

watching nokia. susan: a lot of roll talk just then. seeing it higher in premarket because they will collect licensing fees from daimler, mercedes maker. the patents ends a legal dispute between the two companies. no specific dib puts how much daimler will pay but nokia will add to 1.7 billion of charges it earns from those licenses. jessica alba's natural product company, honest co, getting a positive from jpmorgan and morgan stanley outperform from the banks. they talk about honest co and ambassador power why they think the stock is going higher from here. over two million travelers over the memorial day weekend according to tsa numbers according to the airports that is obviously a bullish sign. then johnson & johnson, they have to be pay $1.2 billion in the talcum powder lawsuit which has been reaffirmed by the supreme court which rejected j&j's appeal. that is a big loss there. ashley: it is, might even take a bigger hit there. anyway, look at amc, we've been talking about this, surging to kick off the month up 14%. is it still ridi

nokia is going to not gear some chips towards bitcoin mining because that you once -- because it wantso use them firm gaming. -- use them for gaming. guy: sorry, i didn't hear anything after consumer discresh. alix: come on. [laughter] we are stuck in the 1980's. guy: the 1980's were great. we should probably talk about what is happening in europe. what we are seeing is a kind of extension of the reopening trade, and it feels a little bit more real today. people in italy the longer having to wear masks outdoors. that begins next week. covid cases and hospitalizations declining. one of the worst hit countries during the pandemic. there's even talk in the u.k. that if you are fully vaccinated, you may not have to pouring teen if you are going to visit and amber country. that is a really big step forward. are you today oh joins us now from brussels with the latest. maria, there's concern about the delta variant, but there's also quite a lot of emerging positive news coming out of europe at the moment. maria: yes, you could argue that we are almost close to a full reopening, to the extent

you can see nokia or blackberry be the new gainers after this amc bubble runs out.aylor: i have a blackberry. do you know that? tom: you have a blackberry? taylor: a very important blackberry with a keyboard. tom: we will continue on jobs day. jeffrey rosenberg is scheduled to be with us. add carl riccadonna of bloomberg intelligence will be with us next. his thoughts on this jobs day -- jobs day. on radio and television, good morning. morning. (announcer) do you want to reduce stress? shed pounds? do you want to flatten your stomach? do all that and more in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you to maintain comfortable, correct form. that means better results in less time. you can do an uncomfortable, old-fashioned crunch or an aerotrainer super crunch. turn regular planks into turbo planks without getting down on the floor. and there are over 20 exercises to choose from. incredible for improving flexibility and perfect for enhancing yoga and pilates. and safe for all fitness

. >> this 50th anniversary edition is available today and on digital, in los angeles, george the nokiaour live newscast, breaking news and weather with our abc7 bay area app on apple tv, android tv, fire tv and roku. just search abc7 bay area and download it for free. i felt awful because of my psoriasis. i was covered from head to toe with it. it really hurt. then i started cosentyx. okay, thanks... that was four years ago. how are you? see me. cosentyx works fast to give you clear skin that can last. real people with psoriasis look and feel better with cosentyx. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor about an infection or symptoms, if your inflammatory bowel disease symptoms develop or worsen, or if you've had a vaccine or plan to. serious allergic reactions may occur. i look and feel better. ask your dermatologist if cosentyx could help you move past the pain of psoriasis. >>> six days away from july 4th and fireworks are already being seen.

by the way, amc has been as high as $62 and as low as $37 you also see ford and nokia up there as wellsiness growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo ok, at at&t everyone gets our best deals on all smartphones. let me break it down. you got your new customers — they get our best deals. you got your existing customers — they also get our best deals. everyone. gets. the deals. questions? got it. but, why did you use a permanent marker? because i want to make sure you remember. i am going to get a new whiteboard. it's not complicated. only at&t gives new & existing customers the same great deals on all smartphones. get up to $700 off our latest 5g smartphones. at cdw®, we get that your world is always changing, and you need to adapt to support your digital transformation. we can help you achieve your business goals by streamlining your data across cloud environments wit

this year, the likes of erickson nokia and google joining the list of notable absences, organized as calling it a hybrid conference. 30000 are expected to attend in person, but several 1000 more will follow along on line. the conference is also an opportunity for companies to show off their progress and building out ultra high speed 5 g networks that are crucial for the digitalization of economies. when we cancelled the show in the fabric 2020, there were only a few, 5 the networks out and being alive today. we have more than 160, i think the pandemic has shown the way. show the way on how important connectivity is. imagine if we would face the pad that make with no means of communication, no means of being online or mean. so sitting at home and working one highlight a special appearance by a long mask on tuesday evening. the tank billing now will present his starling project. a satellite network at his company space ex is building to provide all corners of the earth with internet access. the conference showing how communication tech has providing hope for the future. in these diffic

amc theaters is a meme stock and soared 90% a record high, nokia and blackberry are also among the companieshis main stock craze. think you know, we get these big eyes that, hey, we're going to hit a home run, i'll be able to take my $10,000 in turn into 30 or 40 or 100,000. and that doesn't happen a lot. and if you think that way, you're going to lose that money, amc shares are up more than 2300% so far this year despite the movie theater chain being on the brink of bankruptcy just last year. overall those stocks close higher today the dow was up 25 points. the nasdaq saw modest gains and the s and p added six. opponents of em battle. israeli prime minister benjamin netanyahu have agreed to form a new government. the move will likely pave the way to remove netanyahu as the longest serving prime minister of israel. the agreement will now have to pass a vote of confidence in parliament for it to be agreed upon a new government and prime minister would be sworn in following that vote. alright, that fog's back at the coast will be tracking that it's cooling things off as well. but not before th

you have erickson, you have nokia.e yes, i think this keeps going, particularly with the small cells that you need for 5g they will produce a lot more of the equipment there. high quality company when europe gets going, you will really see it take off by that i mean the stocks even more than it is now. i like erickson quite a bit. continuing to be there. >> last but not least, pete a video question for you. >> my portfolio, 8%, 1,000 shares of ibm. do you think i you this buy more, add to my portfolio, or i should sell some have a good day. thank you guys, you are diagnose -- doing a fantastic job. >> it is not just talking about ibm, it is an 8% weighting in his portfolio. you have to tackle it do different ways. >> i still like this company i like it more than a couple years ago because of the changes that have been made. because of that i think the red hat influence going on in ibm right now is going to be meaningful over the next couple of years i would either add to it but i certainly wouldn't want to sell any of

better be you can't just drop a new color, switch up the charger, double the price and then give me a nokia] take that mess back to the lab i'm irked. >> jimmy: okay, all right, yeah, we do that [ cheers and applause i know what you're saying. it better be a better phone. >> tariq: yeah, man. it's like the medicine commercials. they do it every time. they tell you all about the disease, name the medicine, run through ten minutes of deadly side effects and then say something like, "don't take dupixent if you're allergic to dupixent." i'm like, "yo, i got a type of dermatitis i'm not dumb." [ laughter ] and then, i remember that they're selling medicine to the same people who will sue you if you don't tell them that their coffee is hot. >> jimmy: yeah >> tariq: now i'm irritated about how litigious we are as americans. and the spelling of the word litigious. [ laughter ] so, naturally, i have to slam the gavel, close the case and sentence "saying stuff that goes without saying" to 25 to life on the irk list >> jimmy: all right. that goes on the irk list as well [ cheers and applause thank you

he a surge in the markets with shares of amc blackberry nokia, benefiting from purchases by small timeent weeks, the so called meme stocks are being propelled by heavy interest coming from retail traders on social media sites like reddit. this is a strategy. it's an asset class now and it's here to stay. shares of amc entertainment hitting record highs on wednesday, climbing more than 90% people buying it today at 70, even though they know it was 30. yesterday the jump comes after hedge fund mew trick capital profited from buying and selling 8.5 million shares that it just bought on tuesday morning, saying that it was already overvalued. but that has not stopped investors from pouring money into the stock, prompting several trading halls throughout the day. amc, adding another incentive by offering even small investors a free large popcorn if they signed up to a regular newsletter and the world's largest movie theater chain, was on the break a bankruptcy following the pandemic being shuttered for several months because of covid restrictions. but investors have been encouraged by big bo

he a surge in the markets with shares of amc blackberry nokia, benefiting from purchases by small time the so called meme stocks are being propelled by heavy interest coming from retail traders on social media sites like reddit. this is a strategy. it's an asset class now and it's here to stay. shares of amc entertainment hitting record highs on wednesday, climbing more than 90% people buying it today at 70, even though they know it was 30. yesterday the jump comes after hedge fund mew trick capital profited from buying and selling 8.5 million shares that it just bought on tuesday morning, saying that it was already overvalued. but that has not stopped investors from pouring money into the stock, prompting several trading halls throughout the day. amc adding another incentive by offering even small investors a free large popcorn if they signed up to a regular newsletter of the world's largest movie theater chain, was on the break a bankruptcy following the pandemic being shuttered for several months because of covid restrictions. but investors have been encouraged by big box office bus

this year, the likes of erickson nokia and google joining the list of notable absences, organized as a calling at a hybrid conference. 30000 are expected to attend in person, but several 1000 more will follow along one line. the conference is also an opportunity for companies to show off their progress and building out ultra high speed 5 g networks that are crucial for the digitalization of economies. when we cancelled the show in the february 2020, there were only a few, 5, the networks out and being alive today. we have more than 160, i think the pandemic has shown the way. show the way on how important connectivity is. imagine if we would face a pam that make with no means of communication, no means of being online or mean. so sitting at home at working one, highlight a special appearance by a long mask on tuesday evening. the tech bill you now will present his stalling project, a satellite network at his company space x is building to provide all corners of the earth with internet access. we have the conference showing how communication tech has providing hope for the future in t

nokia and blackberry are also among the companies benefiting from this meme stock.ink you know, we get these big guys said, hey, we're going to hit a home run. i'll be able to take my $10,000 in turn into 30 or 40, or 100,000, and that doesn't happen a lot. and if you think that way, you're going to lose that money. well i am see shares are up more than 2300% so far this year despite the movie theater chain being on the brink of bankruptcy last year, former president donald trump's blog page has now been removed from his website. the blog titled from the desk of donald j. trump was marketed as the former president's own social media side, but he was the only one that could post to it. it was launched back on may 4th after he was banned from several social media platforms following the january 6th insurrection of the capital, the washington post reports that the blog received little attention online, a bipartisan group of lawmakers toward the southern border in texas today to see how officials are handling the surge in migrants. their republican senator john cornyn,

kos, nokia, bofu tv all experiencing high volumes and big surges we'll be right back on "closing bellh...uh... doug? sorry about that. umm... what...its...um... you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers plus some of the lowest options and futures contract prices around. don't get mad. get e*trade and start trading today. keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo >>> a slew of headlines out sounding tesla and elon musk the company recalling 6 million vehicles over risks of loose bolts. weighing in on price hikes blaming the supply chain and chip shortage saying on twitter he has never seen anything like it his tweeting muscle is on display again, he tweeted about baby shark sending samsung publishing shares soaring. it c

guess i did hear an acronym yesterday, something like bang versus faang, which is blackberry, amc, nokiait was bricks, but we, i'm sure, we are probably a week away from some firm launching an etf. >> look, the inflation data that you saw combined with the 10-year being below 1.5 for a brief time today, how does that, what does that indicate, transitory that it is inflation >> listen, i think people should be trying to wrestle with this cognitive dissonance in the bond market a lot of us, you know, you hit peak stimulus this quarter, and you probably hit peak inflation, i think a third of the spike in today's cpi number was trucks and cars, up 7.3%, so there's a lot of this, which is obviously base effects, that begins to fade and stimulus has sort of peaked out in here, that 10-year bond, that everyone was predicting, it broke below 150 yesterday and up a bit today, i'm not sure what that means, or what's going on. perhaps the bond market is beginning to look through this inflation, and looking forward we are all very dismissive of the bond market in 2018, when the yield curve was flatt

we've gone from fangs to bang, thinking about black berry, amc, nokia and gamestop. opportunity for amc to recapitalize, take the shares and start acquiring assets of other movie chains that are out there. would i buy the stock? probably not. it's too volatile for me. but what's going on at amc is really a key captainly says and -- a recapitalization. what's going on over there is basically a chance for the management team to issue more shares, capitalize, make acquisitions. there's a couple theater chains they're looking at as well. the reddit crowd is really upset that they're actually issuing more stock and actually creating a dilution. maria: it sounds like you think this could be a growth story, although you're not going far enough to buy the stock. but this additional money is going to enable them to make acquisitions. >> they can. i mean, there's pacific movie chains, a couple movie chains they're looking at and also remodels and revitalization they're looking at as well. maria: all right. great word on wall street, guys. thank you so much. we'll see you soon.