pershing square's bill ackman unveiling a massive stake in the ride hailing stock. why he thinks this name is trading at a big discount. that's right after this. >> you're watching fast money here on cnbc. we'll be right back. >> bitcoin is the best. >> performing asset, but. >> its. >> volatility has kept many on the sidelines. >> until now. introducing the world's first suite of downside protected bitcoin etfs capture bitcoin's. >> upside potential with downside protection. >> with 190 or. >> 80% protection levels. >> over the one year outcome period, asset management at a time of disruptive change calamos today for tomorrow. >> hi, frank. >> hey, goldie, i'm looking for those reports from yesterday. >> in your desk, frank. >> of course. >> they are. easily isolate phone calls to the driver's seat in the all. >> new three. >> row infiniti qx80. income. >> products from brighthouse financial, you can turn. a portion of. >> your portfolio. >> into guaranteed lifetime. income for whatever the occasion calls for. brighthouse financial billed for what's ahead. >> we em

hedge fund manager bill ackman reveals a new position in that name. 30 million shares he says started buying it in january as well. look at that lift. 8.5% highs of the day for uber does take us to our talk of. >> the tape. the markets according to tom. >> tom lee that is fundstrat's. managing partner head of research. he is with me here at post nine. welcome back. good to see. >> you scott. >> i said. so as you miss inflation expectations spiked. you've got more tariff talk from the white house. and then i. >> saw a. >> report too from jake sherman. punchbowl news. $4.7 trillion tax plan is what the republicans are said to be discussing. i thought the market took a little bit of a move lower on that as well, just given where rates are concerns about the deficit. et cetera. your thoughts on all three? well. >> you. >> know. >> it does seem like a pattern. >> 2025 as. >> markets sort. >> of take a hit on. fridays and maybe. panic monday. so i don't. >> know. >> if that's going. >> to be the case. to me. >> i think the. >> inflation headlines from umesh are they're not. >> great to see.

not because of earnings but because hedge fund manager bill ackman tweeted out or exed out. i guess if you want to call it that, that they had started building and have now built a position of over 30 million shares of uber technologies, bill ackman calls it a very well-run business. uber shares up about 9% right now on that. so we'll keep an eye on whether uber gets some more momentum out of this. you can see the price action here. well off the lows that we've seen over the course of the past month or so. and then from a tech perspective elsewhere, amazon is the big driving force here. shares are down 3.5%. that's despite an earnings and revenue beat. but its cloud computing division is still growing and even quickly, but just not as quickly as it has been in the past. they also say that foreign exchange headwinds will play into the current quarter going forward, the stronger dollar hurting some of the revenues there. expedia on the travel side of things up 15.5% better than expected earnings. they also reinstate their dividend. pinterest and affirm holdings, each of those

bill ackman said pershing square owns 30 million uber shares. what do you make of it?e valuation, there was a case to be made that they trade at a cheaper valuation relative to the marketplaces. it looks like the valuation argument is coming in. caroline: best day since february of this year. thank you. that doesn't it for this edition of bloomberg technology. ♪ investment opportunities are everywhere you turn. but at t. rowe price, we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. "bloomberg real yield" starts right now.

rowling point out and the lack men post on the x, bill ackman among other important reasons why they minds of the american people and j.k. rowling congratulations evy single person on the left campaigning to destroy women and girls rights without you there would be no images like this. >> sometimes you say to yourself wow this is as long as the party is in power and how long the executive order will last, but can you picture a democrat in the oval office, we will finally make sure trans man play with women or that trans kids, which they should be danny trans surgery for minors and that is what the president said with this. i cannot see this being reversed but i worry about the world cup. what about trans athlete playing center field once a man playing all of a sudden for the world cup? the world cup is coming here too. they should get clear about that. australian team coach a bunch of players winning game after game against women. outstanding college teams beat the women's national team handed the leaf. men and women are not equal when it comes to outcomes but equal chance competing

out against those who want to dismantle diversity programs, including the hedge fund billionaire bill ackmanwe held a rally in washington, dc on inauguration day, which was king day, to let the president know we're ready to keep the dream alive today. we took hundreds on our second week for a boycott out in new jersey. we started in harlem with about 150. last week. we had over 300 with mayor ras baraka and rev reverend steffie bartley and i taking them shopping at costco to celebrate those that celebrate and respect us. so i have to ask you all very briefly, please. we're out of time, but i wanted to keep this segment going 30s each. where do you go from here in terms of civil rights, voting rights, police reform, starting again with you, martin, you and i represent a movement based kind of nonviolence and peaceful direct action. how do you send a message through activism that gets this attention? well, the. >> first thing is. >> all of what you're doing. >> today, rev, and all of us need to join in. we got to stay engaged. we can't give up. we can't give out. we can't give in. we have to k

but this know, as bill ackman wrote in a in a very important essay that came the same day the court in gay resigned the harvard presidency. anti-semitism is the canary in the coal that pops up wherever are serious underlying problems and and i think that's that's what we've seen come out in higher ed so i think anyone who cares about you know the future of our educational system should be the the audience. so let me ask you just a couple of quick things on. the title lawless, what would you say is the core? what is lawless in the book, what that you're focused on the departure of law schools from teaching the law? you know, i opened fairly early on with a vignette from the paper chase, which is a storied movie from now over 50 years ago, very kind of musty old school professor using socratic method, asking questions to get to the point he's making about the law and how everyone took the same course one year and he just got drilled in this is how you start like a lawyer and all of this and it's different now and a lot of students and a lot of faculty questioned the legitimacy of the law