join the pursuit of outperformance at pgim.ess of prudential. >>> it's friday afternoon here at the market in times scare "option action" coming up. >> there is a children's book in which letters of the alphabet fall into a coconut tree and full down and ge

the pursuit of outperformance at pgim.h deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. >>> we've got some moves i want to get to. michael farr, you bought more ross stores? >> i did ross stores is an off-price treasure hunt retailer they change their inventory all of the time. they've been under some price pressure the store is very well managed they've got almost 1900 stores open and they're going to take that to 3,000 stores over the next eight years or so so i get 6% growth from the store growth i've got a company now trading at around 20 times earnings, growing earnings at 12% with a 1% dividend. the stock pulled back a little bit and i've liked it for a long time so we've added to it. i think that wi

the pursuit of outperformance at pgim.s multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. working at recology is more than a job for jesus. it's a family tradition. jesus took over his dad's roue when he retired after 47 year. now he's showing a new generation what recology is all about. as an employee-owned company, recology provides good-paying local jobs for san franciscans. we're proud to have built the city's recycling system from the ground up, helping to make san francisco the greenest big city in america. let's keep making a differene together. >>> welcome back all day long at cnbc we're doing a deep dive into the supply chain disruptions we've been talking about so much, so often. the issues firsthand that it's causing for shippers,

the pursuit of outperformance at pgim. managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. >>> beam me up bezos william is that near was supposed to head to orbital space tomorrow but plans are delayed by weather. the launch is targeted for wednesday. at 90 years old this will make shatner the oldest person ever to fly to space. shatner tweeting out a picture with the crew. he'll be joined by three other people last night before appearing on cbs this morning you claimed i was the oldest person what a thing to have, he's the oldest guy i want to have the vision, i want to see space. i want to see the earth. i want to see what we need to do to save earth. i want to have a perspective that hasn't been shown to me before that's what i'm interested in seeing >> yeah. we'll watch t

join the pursuit of outperformance at pgim. investment management business of prudential. age before beauty? why not both? visibly diminish wrinkled skin in... crepe corrector lotion... only from gold bond. this halloween, xfinity rewards is offering up some spooky-good perks. like the chance to win a universal parks & resorts trip to hollywood or orlando to attend halloween horror nights. or xfinity rewards members, get the inside scoop on halloween kills. just say "watch with" into your voice remote for an exclusive live stream with jamie lee curtis. a q&a with me! join for free on the xfinity app. our thanks your rewards. >>> let's welcome our investmen committee and jon najarian, co-founder of market rebellion.com and nancy davis will tell us her best idea in the market as well it's nice to see you, nancy. thank you for being a part of this, as well. jim lebenthal, let's just react to what we just heard from misters m misters meister and sandler, yes, there are risks and it's hard to be overly negative given where real rate

the pursuit of outperformance at pgim.xpertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. need to get your prescriptions refilled? capsule pharmacy can hand deliver your medications - today - for free. go to capsule.com. we handle your insurance. all you have to do is schedule delivery. go to capsule.com to get started in 15 seconds today. >>> welcome back let's check market movers. comcast announcing today the launch of the x-class tv available direct to consumers in the u.s. without a xfinity subscription in a comcast service area or not. the technology will integrate. the tvs will be available this week at select walmart stores. comcast trading up today this comes following the launch of sky glass a few weeks ago

join the pursuit of outperformance at pgim.estment management business of prudential. >>> welcome back here is a sneak peek at the cramer cam at the top of the hour jim made some moves today brieg shares of papal for his charitable trust you can read more about what jim is buying and selling with the cnbc investing club. he gives you his unique view in the market sign up now. or point your phone at the qr code on the screen and it will take you there >>> shares of gm heading higher? let's bring in mike because he spotted some interesting things. >> calls outpacing puts by about three to one october 54 calls 16,000 traded at $1.67 that included institutional buyers buyers of those call options are betting that gm will rise above the strike price by at least 1.67 that would put it back at prices it hasn't seen since july. it may recover from the drop we saw. >> what do you want to hear tomorrow >> about their bat tery operations and sustainability of the company. i don't find that in question. i think the market is questioning th

the pursuit of outperformance at pgim.hink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. i promise - as an independent advisor - to put the financial well-being of you and your family first. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com ever wonder how san francisco became the greenest big city in america? just ask the employee owners of recology. we built the recycling system from the ground up, helping san francisco become the first

at pgim, the pursuit is on for outperformance. as active investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. i promise - as an independent advisor - to put the financial well-being of you and your family first. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones your shipping manager left to “find themself.” leaving you los

greg peters of pgim. but i am absolutely baffled by the narrative out there that la garde will need to address at 8:30. lisa: the question of how much she will push back, how much kenji? i would argue -- how much can she? i would argue much of what we are seeing is synchronized trading. so how much can she pull back and move the euro away from that dynamic that really has gone global echo -- has gone global? tom: i want to look at caterpillar here. people in the bond market talk, it is a transitory caterpillar, but i wonder to what. kailey: i think they see a lot of these pressures easing up a bit. for caterpillar, they talk about everything for labor to material costs to freight costs, and yet they were able to report profit 20% above what analysts are expecting. this isn't just a story we have seen with caterpillar. by and large, companies are beating to the upside. they are retaining margin. the average margin expansion is 40 basis points from the earnings propping of this equity market. tom: it does f

the pursuit of outperformance at pgim.le asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. sales are down from last quarter but we are hoping things will pick up by q3. yeah...uh... doug? sorry about that. umm... what...its...um... you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools 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. >>> 15 minutes left in the trading day. we're now in the closing bell markets. cnbc's senior markets commentator mike santoli is hear to break down these crucial moments. and we have josh brown with us good afternoon to you. josh, let's kick thin

but we believed we could make the pursuit of outperformance at pgim. with deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. -capsule! -capsule! -capsule! capsule saves me money on prescriptions. capsule took care of my insurance. capsule delivered my meds to my doorstep. capsule is super safe and secure. get your prescriptions hand delivered for free at capsule.com >>> welcome back to the halftime report on the etf edge today, china's power crunch has been ruling the global commodity space affecting everything from oil to copper to soybeans and nickel prices now with u.s. inventories on rise and an energy crisis raging in europe, the equation is getting more complicated by the day, so let's drill down on the sudden surge in oil prices an

romaine: julian salisbury is at goldman sachs, david hunt at p jim -- pgim. they talked about a wide range of things. we did not touch on issues surrounding inflation, the growth value debate. caroline: growth value is where my conversation with john rogers went, amazing man. he set up investments in 24, and he has funds in these small and mid-cap space that is outperformed. romaine: those people make you feel small. caroline: he was trading in stocks as a kid and was a growth man until he found the contrarian view. he went into value and at the moment this is that. talking about getting into banks, calming the inflation risk, take a listen to what he said. >> i think the s&p 500 that is so dominated large growth stocks is very expensive on a historic basis. i'm not surprised to see the most recent retreat and correction we have been going for -- through. but the small and mid-cap value sector is undervalued. there are a lot of bargains and orphans left for dead that no one cares about. it is a tale of two orchids, a large growth stocks are expensive but the

join the pursuit of outperformance at pgim.ial. >>> let's do final trades before we get out of here for the weekend. liz young, you go first. >> i am using renewable energy today. i think it hasn't come off of -- it hasn't had as much strength since the peak in the beginning of the year. the proof of supply chain issue shows we need clean energy i think it is due for a comeback >> good to see you today mr. all-in, farmer jim >> i got to start with a quick compliment to my arch nemesis steve weiss. he sees irrationality in a stock and he is stepping into it that's what you should do in cleveland-cliffs the idea of this stock is selling off because infrastructure might not happen is foolish you should buy cleveland-cliffs. >> okay. stephanie link >> the gap it is down 36% from its highs. the valuation is very cheap at 11 times forward, 2% yield they have momentum in athleta and old navy i like the pull back and would be a buyer >> interesting it is one of the stocks you mentioned, josh, as well what is your final trade >> stephan

the pursuit of outperformance at pgim. with deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. working at recology is more than a job for jesus. it's a family tradition. jesus took over his dad's roue when he retired after 47 year. now he's showing a new generation what recology is all about. as an employee-owned company, recology provides good-paying local jobs for san franciscans. we're proud to have built the city's recycling system from the ground up, helping to make san francisco the greenest big city in america. let's keep making a differene together. ♪ ♪ ♪ ♪ ♪ >>> all right. welcome back jenny, i mentioned the stock is taking profits and it's up 111% last year and it's interpublic and you sold it. >> r

at pgim, the pursuit is on for outperformance.zed strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. paola needs a parachute. so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. so they can deliver a great experience from anywhere. ♪ (whistle) ♪ you have the best pizza in town and the worst wait times. 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 >>> all right. trb, what is your final trade? you go first >> staying long with uber. i really feel this could have a five handle by year-end. >> all right we'll see. 47.50 is where it sits stephanie link >> halliburton it was an inline quarter but positive on conference call about pricing strength, pricing pour and i thi

join the pursuit of outperformance at pgim.gement business of prudential. >>> unusual activity time, dr. j., what have you got? well, scott, twitter's had a lot of good news for it lately one of them, of course, when facebook went down for most of six hours plus on monday the other was strike which is a platform for payments over the lightning network, bitcoin payments and so forth. they teamed up with twitter and perhaps that's why we're seeing such active speculation in the 22nd of october expiration 65 calls. the stock was only about $60.50, i think, scott so they're buying an upside call that's nearly 4.50 out of the money. i bought upside calls in twitter and i already owned some in other words, i added to a position here and i'll be in those two weeks. second trade, take a look at coin base and this is a weekly trade that expires this friday and they're buying the 250 strike calls with the stock at about $249 a share obviously, the big surge in bitcoin in particular, but a lot of the others like ethereum back up over 3500

at pgim, the pursuit is on for outperformance.deliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. somebody in there? [ scream ] micheal myers is still alive. tonight, our family will kill him. i want to take his mask off and see the life leave his eyes. >>> missed a show? don't sweat it "the halftime report" now has a podcast. market-moving interviews, call of the day, usual activity, and, of course, ask halftime. look for us on apple pcaodst or your favorite podcasting app ars america makes out here. the history she writes in her clear blue skies. the legends she births on home town fields. and the future she promises. when we made grand wagoneer, proudly assembled in america, we knew no object would ever rank with the best things in this country. but we believed we could make something worthy of their

the pursuit of outperformance at pgim. to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. get pumped fans, because basketball's back! and our league pass lineup is totally stacked. forty games a week, all season long, on all your devices, so you'll never go wrong. watch your favorite sport, and do it your way, with nba league pass. order today! experience all the nba action with xfinity x1 - track stats and scores while watching your team live. to upgrade, just say nba league pass into your voice remote or go online today. ♪ >>> it is another record setter on wall street cnbc's leslie picker set down with pimco cio moments ago talking inflation and the fed. let's listen >> the fed is betting on inflation remaining under con

join the pursuit of outperformance at pgim.of prudential. ♪ ♪ ♪ ♪ with a bit more thought we can all do our part to keep plastic out of the ocean. >>> pete, i'm coming to you first for final trades i understand you just made a move >> yes, i grabbed more con okay owe philips, scott i love this name i think they're doing a great job and i think all of the energy space, i have just absolutely overwhelming amount of my positionsare now in energy, and i just keep adding to it because that's been the trend and they keep on buying. >> wow and you think as long as oil continues to go up, natural gas or what have you, not everything is directly related to oil, those stocks will continue to track it >> absolutely. and they have been the xop is a great one to follow along with the xle in terms of efts yes. >> good stuff, pete. speaking of energy let's go to hughes where brynn is. >> we will do gray scale's ethereum trust the trust was trading at a 5% discount to ethereum fourth quarter is great for crypto and all of the nfts, most are cr

join the pursuit of outperformance at pgim.d if they can agree to raise the cap on those deductions. robert frank joins us with what could be a super salt deduction for the welty. >> good morning, david democrats as you mentions are still pushing for salt repeal and perhaps still on the table perhaps they raise that $10,000 cap on state or local reductions or maybe adjust the time horizons but with talks of a smaller reconciliation package in the works, they need to cut costs and repealing salt would cost over $85 billion a year in lost revenue adding to those complications are questions over two tax provisions that are tied to salt whenthe $10,000 cap was create the tax cuts and jobs act got rid of most of the alternative minimum tax and the pease limitations. those two programs effectively served as limiters to salt deductors. high earners could deduct from their federal returns unless those are also restored simply repealing salt would create a super salt windfall for the wealthy, according to the tax foundation repealing sa

the pursuit of outperformance at pgim.se to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. there's software. and then there's industrial grade software, forged from decades of industrial experience and insights. meet honeywell forge. analytical software that connects assets and people to deliver a cybersecure record of your entire operation. so that everyone, in your boardroom and beyond, speaks the same language. honeywell forge. industrial grade software. >>> welcome back to "squawk on the street." rick santelli here live on the cme hq and pmi, m.a.r.k.i.t., it's 60.5, an improvement of two tenths if we look sequentially to the final read of august, that was 61.1, so sequentially a by lower, but still better off that thi

join the pursuit of outperformance at pgim.estment management business of prudential. >>> crypto is not a fad, it's not going away we're not seeing among wealthy clients, they may put -- i talk to people, maybe 1% of their portfolio in it. nobody is putting 10% of their portfolio in it. a lot of people wants to participate. they don't know how it will ultimately play out. >> that's morgan stanley's ceo james gorman yesterday talking about crypto closing in on 60k, the first in about three months >> i got a love of blowback from what gorman said, people in that 20s, 30s, 40s, saying mr. gorman is out of touch, and the percentage that's ethereum is actually 10, 15, 20. that's in part because the younger people don't believe in the dollar they watch the $4 trillion this and that, and they say this is a better investment than the dollar younger people just have -- i'm concerned. >> how about the news that the s.e.c. will not contest -- >> i think the short-term buying is elevating when the etf is creating, the idea is there will be

outperformance at pgim.deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. what happens when we welcome change? we can transform our workforce overnight out of convenience, or necessity. we can explore uncharted waters, and not only make new discoveries, but get there faster, with better outcomes. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change-- meeting them where they are, and getting them where they want to be. faster. vmware. welcome change. 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. >>> if yo

join the pursuit of outperformance at pgim.tment management business of prudential. >>> ibms. almost unanimously being seen as the worst corporation reports, and we'll the opening bet in about 6:30 so, should all our it move to the cloud? the cloud would give us more flexibility, but we lose control. ♪ ♪ ♪ should i stay or should i go? ♪ and we need insights across our data silos, but how? ♪ if i go there will be trouble ♪ ♪ ♪ wait, we can stay and go. hpe greenlake is the platform that brings the cloud to us. ♪ should i stay or should i go now? ♪ ♪ ♪ >> announcer: the opening bell is brought to you by -- >>> welcome back to "squawk on the street." another blue chip that reported earnings this morning is honeywell. the company beat on earnings, but it miss slight will on revenue. it also upped the lower end of the eps guidance for the full year, but in part due on to dining -- companies business seg mountains, all of them saw rise, that is certainly worth noting warehouse, technology, some of the workplace st. louis in particul

join the pursuit of outperformance at pgim.nagement business of prudential. ♪ earl: - hey barista: - good morning, earl! narrator: - since our beginning, barista: - there he is! narrator: - we've looked to inspire and nurture each other, by asking what's possible? what's possible when we connect? office worker: - coffee's here! narrator: - what's possible when we come together. female 1: - kayla? female 2: - oh. is it ok to hug? narrator: - when we open our hearts. female 2: - this is like the best date i've ever been on. narrator: - when we grow together. narrator: - after 50 years, we've learned that possible is just the beginning. with nhl center ice, you can follow your favorite teams and players, no matter where you live. you'll get up to 40 out of market games a week, putting you in control of the matchups you watch... every night of the season. with nhl center ice you'll get a season ticket to the best stars of the nhl. experience all the nhl action with xfinity x1 - track stats and scores while watching your team live.

join the pursuit of outperformance at pgim.>> welcome back as we pointed out, the broader market down rather sharply, at least. 1.5% for the s&p but look at shares of gm a nice move there in what has generally been a strong year with the stock up over 31% at this point earlier this morning, engine one that very small fund that had a big impact when it was successful in seeding three out of four nominees to exxon's board of directors earlier this year came out on "squawk box" and said very positive things about gm no plans to be an activist but being quite supportive of the company's plans to offer really what they've said now exclusively by 2034 all electric vehicles, of course, gm also targeting being carbon neutral by 2040. as for exxonmobil, those shares up we talked about it, of course. that move up in crude certainly has something to do about that, but we'll keep a close eye on what is also a radical transformation that may be taking place at one of the largest certainly producers of oil in the world with the s&p now down

the pursuit of outperformance at pgim.cross multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with lotperformance at pgim. the investment management business of prudential. 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. vanguard. ♪ ♪ ♪ hey google. ♪ ♪ ♪ ♪ ♪ ♪ >>> another quick check on the markets to end the s&p hanging above 4,300 and down 0.5%. the dow also just above 34,000 i want to take your eye to cotton futures, though those at a decade high and that is putting pressure on some of the apparel-related retailers. names like american eagle, macy's and urban outfitters as the commodity complex in general is getting attention from wall street that is going to do it from "squawk on the street. "techcheck" starts right now >>> good wednesday

join the pursuit of outperformance at pgim.he investment management business of prudential. >>> welcome back there is one name that does stand out today among those is digital world acquisition corp. for a second day in a row. this is the spac taking former president trump's media venture. it was up i believe as high as 175 and traded closer to $12 billion worth of shares today which is a second day in a row for that level almost twice as much as amazon or apple trading today and a viral buying stampede to go with the usual suspects the 10-year note and intel big mover. >> and backing the spac before they knew and now ones that are backing out. bloomberg reporting they want out on an ethical basis. >> right a lot of hedge funds spread the bets around the spac world so you have to decide if you want to be in business with whatever the target company. >> on top of the meme stocks. >> down significantly today stealing that energy. >> all the oxygen is going to trump. >>> boston beer reporting last night reporting with a loss of mo

join the pursuit of outperformance at pgim.ital transformation has failed to take off. because it hasn't removed the endless mundane work we all hate. ♪ ♪ ♪ automation can solve that by taking on repetitive tasks for us. unleash your potential. uipath. reboot work. dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones >>> we'll hear from internet companies as earnings season picks up joining us now is truist securities analyst yusuf sqally. what are we tracking for this season >> for quite a bit of growth we expect snap to show growth in the high 60s on the back of faster growth in the second quarter. we think it's a precursor to see out of the others. as you know we previewed the eight leading digital online advertising platforms this morning and by and large we look for growth on the low end 30s and then high end 80s. clearly demand is strong and consumer is healthy and advertisers remain on these platform

at pgim, the pursuit is on for outperformance.s active investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. you founded your kayak company because you love the ocean- not spreadsheets. 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 >>> welcome back "shark tank's" daymond john hosts a second annual black entrepreneur day here and gave away $250,000 in grants in conjunction with the naacp welcome back to the show good to see you. >> thank you for always having me. >> so as it relates to access to capital and resources for black entrepreneurs is an improvement after a year and a half ago around the death of george floyd? how much has it improved >> slightly? there's other criteri

at pgim, the pursuit is on for outperformance.tive investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. people, with quickbooks live someone else will do your books for you. they'll even pair you with an expert bookkeeper like me, who knows your business. knows... your... business! expert bookkeepers who understand your business. intuit quickbooks live bookkeeping. paola needs a parachute. so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. so they can deliver a great experience from anywhere. ♪ (whistle) ♪ >>> 35 minutes left to go in the trading session. let's check the individual market movers. share of levi higher today after reporting strong earnings. seeing an uptick in sales as people return back to school and work also raised the

the pursuit of outperformance at pgim.ith deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. >>> welcome back shares of norwegian cruise line sailing full steam ahead the company outperforming the broader consumer discretionary sector over the last year. let's bring in norwegian cruise line holdings ceo frank del rio. thank you for joining us. >> how are you >> very well all the better for seeing you this afternoon tell us the outlook for when you hope to be back at full sailing capacity >> the outlook is on track we have eight vessels operating as we speak. we hit our first goal through the end of third quarter we'll have 75% of the ships operating by year end and all 28 vessels operating by april 1 and so f

join the pursuit of outperformance at pgim. the investment management business of prudential.ectv stream. now we can watch live tv and on demand. serena... scary movie... serena... scary movie... serena williams ready to serve. ahh! quiet, please. triple match point serena williams... this is her moment. ahh! quiet, please. ahh! quiet, please! get your tv together with the best of live and on demand. introducing directv stream, with no annual contract. isn't it a paradox? that the love for this world that gets us out in it sometimes leaves behind the things that can harm it? but now, flight by flight, we can make a difference. because delta has committed to becoming the world's first carbon-neutral airline on a global basis. we believe you shouldn't have to choose between seeing the world, and saving it. ♪♪ >>> welcome back to "fast money. squaring jumping today analysts upgraded the stock. it is more than 20% higher than today's close. is square something you charge forward on forgive the pun. they are not mine. >> i think it is must-own long-term. but do you have to buy it a

at pgim, the pursuit is on for outperformance.zed strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore platform so you can control your network from anywhere, anytime. it's network management redefined. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. >>> the box office havingis biggest weekend since the start of the pandemic. julia boorstin here is more. julia, just the numbers, please, no spoilers. >> well, we're talking about what happened this past weekend. it was marvel which

the pursuit of outperformance at pgim.lasses, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. paola needs a parachute. so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. so they can deliver a great experience from anywhere. ♪ (whistle) ♪ every day in business brings something new. s so get the flexibility of e the new mobile service. designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by s

the pursuit of outperformance at pgim.ith deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. >>> got of headlines on the pandemic this morning. johnson & johnson has asked the fda to prove its covid vaccine booster for emergency use. southwest joining the list of airlines requiring employees to be vaccinated. workers have until december 8th to comply. although they will be allowed to apply for religious or medical exceptions the other one i saw was j.p. morgan banning business travel for unvaccinated employees there is a general sense that the mandates are working and we had three major airlines on board. >> look, i think the narrative switched when the president really pressed down. i think that these days y

join the pursuit of outperformance at pgim. investment management business of prudential. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ today, global markets are challenging traditional assumptions like never before. there is a new, accelerated sense of responsibility, sustainability, and social equity. at nasdaq, we call it the "era of impact." and we're at the forefront of it. innovating technology, data, and insights to help you deploy an esg strategy to be seen as the company you aspire to be. >>> final trade. what do you have >> united healthcare down 5% from its highs number one player in the industry with strong execution and free cash growth i expect further m&a, dividends and buybacks >> degas >> fortinet. >> josh brown. >> gm heading back toward that high from earlier this year. i like it. >> okay, and pete. >> mgm, scott. they keep coming for more. just bought another 15,000 upside calls this stock's going higher. >> good stuff. thanks for watching. the exchange is now. >> thank you very much, scott. hi, everybody. welcome and here's what's comin

join the pursuit of outperformance at pgim.nvestment management business of prudential. >>> another reminder of the huge week we have ahead on "halftime" as we celebrate our 10-year anniversary. that's just part of the lineup there. so many more on and on. we're looking very much forward to that. it is a big week of earnings as well netflix is one of the headliners reporting. you owned it you trim a little earlier in the year streets bullish on it. netflix target goes to 705 target goes to 675 at morgan stanley. it's added to tactical overperform. stock as like 15 bucks, that's it, away from a new high. >> you're right, i trim it earlier this year. i thought it was conle is dating netflix for me has always been a content story, and now that production is back, i can see netflix continuing to move higher, so i like it here. >> dr. j, you have calls >> yeah, like jason i like it. scott, $650 is my target for it next week. it's 6:30 right now. i pick that target because that's where the most active spec is to the upside. time will

join the pursuit of outperformance at pgim.gement business of prudential. >>> goldman sachs economists cutting their u.s. growth forecast for this year and next. blaming a delayed recovery in consumer spending they cut the 2021 gdp estimate to 5.6% and the 2022 estimate from 4.4% to 4.0% the forecast also assumes that the global chip shortage won't improve until the second half of next year. i don't know that first one is -- really okay about $300 oil you predict >> super spent -- you're talking about back in 2007, right? the super spike, that was 2007 >> if they can't get that right how do they get a tenth of a percent right? >> it's the direction. things are looking worse than they had been to this point. >> adjust your forecast for your investments because it's 5.6 not 5.7 according to goldman sachs >> things are not looking great, not anticipating the chip shortage is going to get fixed before the second half. >> act accordingly i'll look at my mutual funds, oh, no 5.6 not 5.7. make a switch. >> let's turn to another thing

the pursuit of outperformance at pgim. to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. so, should all our it move to the cloud? the cloud would give us more flexibility, but we lose control. ♪ ♪ ♪ should i stay or should i go? ♪ and we need insights across our data silos, but how? ♪ if i go there will be trouble ♪ ♪ ♪ wait, we can stay and go. hpe greenlake is the platform that brings the cloud to us. ♪ should i stay or should i go now? ♪ ♪ ♪ >>> welcome back facebook reportedly set to change its corporate name working to rebrand itself. one of many products along with instagram, whatsapp and others >> it is funny, nobody likes us, wall street coming after us. let's change our name to ecafkoob i still call alphabet googl

at pgim, the pursuit is on for outperformance.active investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. i can make an indoorsy person, outdoorsy. i can turn anyone into a beach bum. i make memories for people i don't even know yet. i am a vrbo host. ♪ ♪ every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. >>> w

the pursuit of outperformance at pgim.et classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. our clients come to us with complicated situations that occur in their lives. for them it's the biggest milestone, the biggest accomplishment, the sale of a business, or an important event for their family. for them, it's the first and only time. we have seen this literally thousands of times, in thousands of iterations. ♪ ♪ i am vince lumia, head of field management at morgan stanley. whether that's retirement, paying for their children's college education, or their son or daughter getting married, our financial advisors need to make sure that they are making objective decisions, every step along the way. every time you hit a milestone, an anniversary, a life event,

the pursuit of outperformance at pgim.multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countrie and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. protect your pet this flea and tick season with chewy. find everything from flea collars and spra, to prescriptions that keep pests away. chewy has what you need to keep tails wagging and pets itch free all season long. shop pet prescriptions and more at chewy.com today. ♪ i'm a reporter for the new york times. if you just hold it like this. yeah. ♪ i love finding out things that other people don't want me to know. mm-hmm. [beep] i just wanted to say... ♪ find yourself in these situaons and see who you are. and that's just part of the bargain. ♪ stock futures pointing to a lower open as energy and inflation worries hit stocks once again energy prices soarin

join the pursuit of outperformance at pgim. business of prudential. >>> jeffrey gundlach is the ceo of doubleline. he is here for a cnbc exclusive. welcome back good to see you. >> good to see you, scott. congratulations. you must be running out of questions after an action-packed few days >> you're the last person. >> saved the best for last. >> you were with us back in july and you say the biggest case for stocks is they're cheap to bonds. i think you're okay holding stocks at these levels here we are at record highs and are you still okay holding stocks, jeffrey? >> a little less okay than was back in july because the fed looked seriously at tapering, and what i call gundlach's investment constant which is if you the market capitalization of the s&p 500 by the size of the balance sheet you almost get a constant it's remarkable how stable that relationship is, and so with the fed starting to taper, it's getting a little bit more of a cautionary situation also, keep in mind that the fed reducing its purchases is reducing stimu

at pgim, the pursuit is on for outperformance. practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. baaam. internet that doesn't miss a beat. that's cute, but my internet streams to my ride. adorable, but does yours block malware? nope. -it crushes it. pshh, mine's so fast, no one can catch me. big whoop! mine gives me a 4k streaming box. -for free! that's because you all have the same internet. xfinity xfi. so powerful, it keeps one-upping itself. can your internet do that? >>> welcome back to "squawk box" this morning take a look at the futures ahead of the big jobs report we will get that number in 15 minutes. all of this will move. right now nasdaq up about 15 points the s&p 500 up 3 points. more importantly, perhaps, check out the price of bitcoin moving higher again we're now at $55,000 it's up well over i should say 10% this week. one piece of news invo

the pursuit of outperformance at pgim.le asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. >>> welcome back, everybody. google made a big bet to move into healthcare to find hospitals find insights into their data now the tech giant is stepping back from the business bertha coombs has a look at what's next for google health. hi, bertha >> reporter: hi, becky we are at the health conference in boston where a lot of health leaders are meeting here this week joining me now is karen deval have, who is a chief health officer at google. thanks for coming. >> thanks for having me. >> you are the chief health officer, but google health has disbanded. what is google doing now it's disband ed we are all in on health, it includes organizing information and tech

the pursuit is on. e pursuit of outperformance at pgim.oss multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. outscaand outlast, withurces tlong-term convictions that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. and there you have it- woah. wireless on the most reliable network nationwide. wow. -big deal! ...we get unlimited for just 30 bucks. sweet, i get that too and mine has 5g included. that's cool, but ours save us serious clam-aroonies. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. . >>> the nasdaq now almost 7.5% from its highs, but our next guest says this is a perfect opportunity to buy the dip joining us van nuys deputy securities multi-year, multi-year rally you say, dan so it doesn't really matter it's down 7.5% is as good as

the pursuit of outperformance at pgim.d private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. breaking news on pfizer vaccine. mech tirrell has a lot to tell us. >> reporter: good morning, andrew, the fda posting ahead of the big advisory meeting on tuesday for pfizer's vaccine, kids ages 5 to 11. so far, they are reporting new efficacy data from that trial of about 2250 kids in this age group, 90.7% efficacy for those kids and this comes during a time wendell that was predominant in the u.s. and globally. they saw only three among kids who are vaccinated versus 16 among kids on placebo. this was a randomized study so that 2-to-1 more kids on the vaccine than placeboings that's how they get that 90.7% advocacy those cases were seen between july and september and note among the kids who still got a covid case, despite being

the pursuit of outperformance at pgim.he world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. make fitness routine with pure protein. high protein. low sugar. tastes great! high protein. low sugar. so good. high protein. low sugar. mmm, birthday cake. try pure protein shakes. with vitamins and minerals for immune support. ♪ feel stuck and need a loan? move to sofi and feel what it's like to get your money right. ♪ ♪ ♪ ♪ move to a sofi personal loan. earn $10 just for viewing your rate — and get your money right. ♪ >>> it's been a big week for economic news. we could be away from the central bank we got the cpi numbers and slightly lower producer numbers. steve leash mab has a special guest. hi, steve. >> >> i am joined by ripped fed president thomas barkin. thanks for joining us. >> thanks for having me,