. >>> meanwhile, a gut check on adobe.ing a buy $600 price target about $100 away from here saying adobe became the standard in collaboration and consumption positioned to benefit from digital transformation sheas up about 130%. joining us the analyst behind that call greg moskowitz content creation, creative cloud, sort of got adobe here and it's a big portion of revenue. you justify it going to 600 a year, how much lahas to do with documents and experience clouds? are those going to accelerate more >> a great question. thank you for having me. so we do think all three clouds benefit from digital transformation and just very brearley touching on each. on the content side we're seeing and hearing about all sorts of folks, whether they're consumers, prosumers employees, large organizations doing more as relates to creating content and looking for more productivity as well, which kind of ties into document cloud. but experience cloud i think is what arguably offers the most incremental potential, and if you think about kind

and there was a great battle there at the adobe walls camp, a couple of events and the u.s. army gets involved and what ultimately is called the red river war or the buffalo war and the whole idea of the army was to take away their, lodges illuminate their food, stars and therefore they become worth of the u.s. government. that was the whole point. -- those questions become something you could turn into a product. a renewable product. that's where the bonanza starts to come and so i think that this is helpful to know, whatever talking about. this is what northwest texas looked like in this painting then by frank, it pretty much looked exactly like this all the way up into western canada. today, of course you see invasive species like salt cedars and others but this is pretty much how it looked. it was that way all the way up from western, kansas western nebraska, and so on and so on so i think it is helpful to have an idea what we are talking about. by the time the red river war has ended, the indian war in the planes are over by 1980. suddenly this grassland is over for a n

and i mentioned adobe as well, the internet play where every company now is doing more selling online, they are having to really expand their online offerings. these are areas that we think are not as prone to some of these larger pullbacks. but they are still within the tech space, and you can have an opportunity as the prices come back some over the last couple weeks. haidi: thank you to victoria fernandez. shery: breaking news. elon musk is saying tesla will be suspending vehicle purchases using bitcoin. he's talking about concerns about bitcoin's environmental impact. elon musk saying tesla will not be selling any of the bitcoin holdings he has right now, but he's talking about concerns over bitcoin's environmental impact. of course this has been raised numerous times as we continue to see the huge electricity usage mining bitcoin entails. elon musk now saying tesla will be suspending vehicle purchases using this cryptocurrency bitcoin, although they will not be selling any bitcoin. we're seeing the cryptocurrency right now under a little bit of pressure. let's now get over to von

adobe is 12% off of its 52-week high, and workday is closer to 20 to 17% off, and i think you have to look at who's leading in their particular area, and not just all the cloud names together, and cloud is like tech, and once it has been around for a while it ceases to have meaning of its own, and you have to see strategically what these companies can pull off >> yeah, we use a word to describe an entire basket, and by the way, we should mention, too, the idea that the enterprise is going to be spending more on cloud, that notion has not changed at all, and it's valuation and the degree to which other competing types of assets are going to alter the equation for who wants to invest. >> yeah, that's absolutely right. that thesis has not changed, it's just that these valuations and the macro environment, if you see them with the rates, and perhaps coming down-to-earth was expected, and like john likes to say, it was not all that surprising but the question now is where is an attractive entry point. >> and let's bring in our guest about his basket of software in cloud stocks and manages

so we have problems when we look on the table, the sporting side on the pitch, but it's adobe, everything as possible. but the stakes are far higher than dropping down a division. relegation would be an absolute catastrophe. for this club, the club would lose the financial ability to continue so many of the social projects that make it so special. the thing about them, paul, is running into people. you know, it's the day before the big darby, dave and dirk are on an environmental protest march and this and poly district. the club promotes a wide range of eco friendly programs such as climate neutral much. and there are plenty of their found here today who are as concerned about climate change as they are about fascism. dave and dirk, a still tried to come to terms with the shootings. and now that's something that i expect to happen where i'm from. it must be an insane shock for you. yeah. because yeah, i mean gun violence in germany is rare. zario. and then on top of that for to be races the, the conversation moves on to tomorrow's crucial game. i'm not nervous about me too. i'm not like

so none on the room with them or adobe. i'm a little jug. what we call on the international community to take responsibility seriously and urgently and immediately protect the palestinian people. why putting an end to israeli aggression and all illegitimate practices so that the palestinian people may once again enjoy it? so jim that writes, including religious observances, guitars position has always been one that supports all sincere and honest effort to make real progress in settling the conflict in the middle east. and in light of recent escalations, we've taken swift steps on the basis of our conviction regarding the importance of the peaceful settlement of disputes, including dialog mediation, and let's speak to christine salumi, who's out the united nations is always been listening in to the meeting. kristen some strong wed. so far this morning from speakers. the question is, what do we expect to actually be achieved from this meeting? while we've heard an impassioned call for action coming from several high level officials from count

yeah, i mean, i'd be willing to leave a mr. adobe. yeah, let me know. but, but i'm, and i've been in the gloom a ballot and the sub before you got, i had another for the other day. what adam as well. and i'm not going to be the most that you did keep that kid. yeah. i know they were for europe and they were for the medicaid label for one active food on the phone. i had that yellow honey. i meant to get a mobile and out so me, me all because you know i have the bomb center, but if i don't visit a lot of new jersey, no less than 100. got a mission mission, but i won't see him have to deal with this. i guess, you know, for the survivor this was about the boys. let me bring that over that, you know, vendor have solving out loud and i'm going to try to get a lot of the stories math and you know, i want another matter if there's still a matter that is all i love. if you should, i mother does neck again because i already know you have 30 that he said he's but the value of how many doors does that make sense? so sure. please, are you sure? let me know it does.

ready ready again, piece adobe into your top stories from al jazeera, the french president emanuel macro has asked rwandans for forgiveness for his country's role in the 1994 genocide, france back to the previous government. during the civil war, many of its officials took part in the genocide sin. only those who have been through the night can perhaps forgive. and therefore, we ask for them to give us the gift of forgiveness, than we ask for them to give us the gift of forgiveness. in that historic sign of reconciliation, president polka got me praised, microns acknowledgement, his words were something more vulnerable than an apology. the they were the truth speaking, the truth is a risk, but you do it because it is right. the human human rights chief, michelle bachelor, says, is really striking god, the could amount to war crimes. members of the un human rights counselor considering a resolution calling for an independent investigation gift is found to be in this proportion and what's the impact on such up stock make on war crimes. on the other hand, it is also a violation of internati

the french president, emanuel micron, visiting rwanda today, all of that's in the news out with pete adobe in about 25 minutes time. is a very bleak picture for a lot of americans out there. why supremacy, in fact, all of our petition, you're putting more money into the hands of some workers taking money out of the hands of other workers. everyone goes to their campus and it becomes the us versus down. this is a deal about constraining a nuclear program. the bottom line off the big question. oh, now 201. yeah, like, well, you know, i must say was where best is incorrect, that's a nama, just coming in, you'll get paid on before they can come in at the end. okay, on that. and it all came from, i've been going a lot of fear via the mechanical room and i me to what he explained to me move what i wake up confused that why am i, you know, i was so much pain. why does you are so much? i don't know, i mean to me was already like, what am i doing here because i asked for help for my honey, why am i here? these women are still trying to understand what happened to them. all. they were held at the sa

of what would become san francisco a little footpath led up to his hut which he later built out of adobe. and it was called lakaya de la foundation the street of the founding it later was changed around the 1900s to after the post civil war war period to dupont avenue. and then by the time in the 1900s it became grant avenue after president grant. and so remains today grant avenue some older chinese still refer to this as dupont street, but that's a that's a habit that goes back more than 100 years as we're standing here. we're looking at something which is an unusual lamppost the lampposts were put in in 1925 by china's american businessmen and its purpose was to encourage people to think that they had entered another country another land a as was commented in oriental, fairyland. as you see as you look up and down the streets there are lanterns, which makes you suspect that there's some festival going on. there is no festival going on at the moment. those lanterns are up all the time to once again reassure you that you have entered a special situation, which you can celebrate by buying

a low and welcoming peace adobe you're watching counting the cost on al-jazeera your look at the world of business and economics this week beyond petroleum time is running out for oil producing countries to get their economies in order as the world transitions to green technology we find out who the winners and losers are as global geopolitics are redrawn. also this week where the self driving cars they were predicted to be on the road by now will talk to the founder of a startup that's found a niche for his self drive technology. rich nations can spend their way out of the pandemic but it's not a level playing field for all countries colombia's efforts to raise billions for new taxes a scrapped after deadly street protests. the transition from hydrocarbons to renewables is gathering pace it's a transition that has the power to reshape geo political alignments as many countries become more energy independent policing energy chokepoints that see using political capital to cover for regimes and catering for volatile energy prices could become redundant there wouldn't in theory be a need

and welcoming peace adobe this is counting the cost on al-jazeera your look at people to business and economics this week. china's navy and its maritime militia terracing fisherman and antagonizing its neighbors or just defending their ancestral seas as beijing claims as the ones dominant u.s. navy lost control of the south china sea. also this week henry ford may be best known for his car company but he's also the man who gave the world the 2 day weekend but could the pandemic be ushering in a 4 day working week. and environmental racism opposition grows to a pipeline that could put at risk the drinking water of black low income residents . in march more than $200.00 chinese fishing vessels occupied a reef in the philippines exclusive economic zone only the fishing vessels were manned by fishermen but by beijing's maritime militia which have been deployed in the south china sea to protect its quotes and stroll seas china claims the whitsun reef as its own to the north in the spratly islands beijing has built military installations and artificial islands as china contest islands from

. >> adobe >> now after everything that's happened you're buying it now >> we are. we're thinking long term narrative is good for the company. we like the deal fedex >> great to have you all here. rm rm >>> stocks are selling off but the biggest risks aren't negative it's optimism that can tip off the rotation we'll deal more into that, next. dow is down 270. we're about half off the sexssio lows believer it or not, my next guest says optimism is still the biggest risk to the market let's bring in the chief strategist at the clock tower group. is what's playing out this week starting to give us that reset that you think we need >> yes, i think so we are still a long way from optimism being priced in the ten year is like 166 it could be much higher. that's sort of what worries me i think the equity market has responded. the bond market doesn't steam have done that i worry that as it does, it will force more rotation out of growth into value. value has rallied off the lows the reatiootation might be litt more of sell off than smooth sell >> we have the fed coming out

i'd highlight adobe and large cap and mid cap one story we like is wix.elping small businesses get online we think it's a great story sfrt long haul an ena great compounder for investors. >> it is easier to use than word press as a website manager what would be your message to investors who say you took down the price targets for 70% of the coverage space what does that tell me about more air pockets to hit here in tech throughout the summer >> it goes back to money is going to other obvious areas opening. we didn't spend money on airlines last year we didn't spend money on hotels. if you look at all those names they're all benefiting and if you look at tech you would say the market feels like it's down. the market is up there's a tech buyer strike. everyone is taking the time-out. today a direct list, down 12% from the reference price typically when no one wants to be in a group that's the time to buy so the tech desk is more constructive on the pullback the strategists have been right on they said get out of software. nailed it the beginning of the year

here are the names falling in both of those baskets, they don't rank them, they put them in order adobeoup, square, schwab, united, visa and fiserv and wells fargo. rarefied air you say, hmm, a lot of financials that's not accident. number one, the prospect of higher rates, it's more attractive goldmanalso notes many funds are able to overweight some funds based on the proxy, whatever it is so they may have an artificial overweight whatever the reason, it means there's a lot of interest and ownership in those names and it's not something that is well publicized, except of course right now on "worldwide exchange" on the rbi, because who else gets this random but interesting. 11 names you need to pay attention to >>> well, let's stick with that theme and bring in oppenheimer asset management chief investment strategist john stoltz john, what do you think? are you guys as hot on the big banks as mutual and hedge funds seem to be >> well, we're nicely diversified across the s&p sectors, i don't know if we'll be as overweight as more aggressive players will be but we've been looking for bank

had amazon, adobe, a lot of those names moving higher and getting bed, but a lot of other stocks gotnd, including microsoft, apple, tesla, and some of those names. the question is what is really being priced into those markets. if it is just a matter of profit-taking and rotation, may be there is not any concern. if there is a little more worry about some of those price pressures and whether they are starting to trickle in and erode some of that growth that we have seen in these stocks, that could be a concern. microsoft down in the premarket by about 0.5%. similar story for apple and tesla. we can talk about risk sentiment. take a look at some of the ipo's over the last 12 months. some of those are actually doing pretty well. we got earnings of upstart holdings, a big fintech company there. those companies not only reporting good earnings, but strong guidance as well. you have seen that rewarded in the premarket. unity software up about 6%. names like lemonade, the online insurance company, down 6%, 7% in the premarket. when you put all of this together, it really comes down to whet

may suit me you don't know why you do adobe but in my bed all these all you do it on the world you. rip up all of reality of an epistemic shitted again recall treves over budget is that they can move it but we teach over there hamada should i do west honest did you know it was sued on that key to come at a notice you deal with all be illegal or they're the party steen we should be a congressional shit as a march to and that does opus on a motor city key but is still no gore so no debate sit out a new view or should it continue up to the continuity if you zoom it will surely go to near fair or soft could have continued to set lead. so i headed that are met and all was older but among. it's time for the perfect gentleman the winter sponsored by qatar airways. hello there we have been dealing with our usual pulses of energy toward the northern portion of south america bogota over the next few days some thundery downpours for you we do have this frontal system trying to exit southern brazil but before it go sits going to clip rio de janeiro with some brain not a whole lot and we'll see

. >> you talk about pwc, adobe, these are companies we know and if you're in league with them and helpingget -- you have yes -- i don't know if any of us speak at the conference but mercedes benz, krakr a k kraft, heinz i know you want to go bigger in the inners of a company. you're going for big i think that's right small to medium is not where the money is right now. >> well, you're right. and, you know, i think, listen, we'll go take care of our small to medium sized customers with partners, you know, important for us to have partners that can build a business that can monetize that for us and deliver those customers with the right class of service but we've really tried to narrow our focus with sales people and customer success managers that will be pointed at the largest customers. the global 2,000 and large government i think that's where we think the vast majority of the total addressable market is. >> couldn't agree more i was glad about this change in direction. that's mark anderson, the ceo of alter x. look, we're in some sort of sell mode but in the is the company that helped p

and social media era, yeah, he might have said -- that might have been a typo, but, man, went after adober terror under a different era. >> yeah. listen, a lot of this week, jon, it is a lot of fun, it is personalities, it is players you get the chance to peek behind the curtain, but let's not forget the meat of the case. it is an antitrust case. i caught up with paul swanson, and antitrust lawyer with holland and hart as paul mentioned, listen, in order for epic to win bottom line past all of the headlines, they have to convince this judge apple has a monopoly on its app store and it is abusing that market power by forcing epic to use apple's payment system that will be no small fete because, as paul reminds us, antitrust cases have been very, very tough for plaintiffs to win. back to you all. >> well said, josh thanks josh lipton. as you all know, tomorrow night elon musk is going to host "saturday night live". we will get your final thoughts ahead of that debut next >>> plus, it has been a tough week to be in the meme trade gamestop, blackberry, amc, microvision, all down big for the w

ep and i throw other names in group that benefit from large cap software, you think of microsoft, adobeupport where if rates back up to 2 and quarter on the ten year you don't get hurt as much. >> jared, thank you. >> thank you. >> tim seymour which of the names in jared's basket do you like the best. >> you don't run far from crm, to his point, i nail it around 6 times ebit sales with the growing margin profile, the investment in slack and platform growth of slack it's not really expense itch if you expensive. if you look at the stock, the volatility, the growth to value dynamics, some of it, this company went into the dow industrials which we beat in terms of price weighted index but crm was massive along with strong number that's guy referenced so four moves of 15% or more on draw down since last september i believe the worst of that volatility is behind us >> all right coming up, add the popcorn, there's a major hollywood sequel playing out in shares of amc and one of our traders got in on all the action all of the details when "fast money" returns in business, it's never just anoth

on line is incredibly strong, from the metrics that we got recently from adobe, they say even just betweenand march 31th, an additional $8 billion was spent because of those stimulus checks. that's about the equivalent of an e-commerce black friday that is a lot of money but the instore traffic is still down from 2019 according to sensor mattic solutions. when you look at it compared the last year it is up like triple digits but that makes sense because the stores were closed last year. i think there is a lot of pent up demand. the stimulus checks are helping. patterns going back to normal. maybe we are finally ready to put our jeans back on again. lee and wrangler are saying that tapestry had strong results. a strong demand for a new handbag look there is a lot going on. >> and maybe therein lies the link between retailers and paypal as long as they have an online presence seems to be benefitting from both trends right now. >> for some behavioral patterns clearly shifted right, each on an anecdotal level here in englewood cliffs at cnbc we have the cafeteria, we have our app. we never use

that does not want to be question, i know he defended himself or taking a private jet overseas to get adobeso, i'm glad the politicians are getting called out for what they're doing, their actions and double standards, # hypocrisy they need to be called out because they are doing one thing whenn they'e expecting americans to play by what the rules are in place to obey the law when in fact these folks are drunk with power and think they can do whatever they want and not be questioned or challenged. liz: he saying stop polluting the atmosphere, flying on planes but flight records show his family flew there private jets to vacation homes at martha's vineyard and other vacation homes in anotherer state to. do they not see that this information is going to get out there, your final word. >> they don't care, that is just it, they don't care and they think they're entitled and americans are supposed to listen and shut up and not challenge. liz: got it, thank you so much come back soon, arizona attorney general, mark verna mitch on how his state got newly revealed documents of the disturbing revela

there's a live picture from alert wildfire dot com or taking a look from pena adobe over in vacaville. you can see very, very dry hillsides about kron 4 meteorologist dave spahr joining us from the weather center with more on these dry and very warm temperatures day. yes, and as we're getting a flavor of some are very early this year, although we're going take a break as we get later this week and fun to go back to spring a bit. >> nice picture. we have of temper on. there's the golden gate off towards the distance. now let's get into those winds. what they're doing in the solano county, showing is still pretty much are offshore. however, a little bit on the east bay shoreline to remain a bit on shore. the pop a little bit tomorrow morning. it looks like that's one of the reasons why they're keeping that red flag warning going on until 5 tomorrow. as you mentioned. so there it is. and we could see humidity levels drop to single digits up their 20% or so with those winds definitely active 30 to 45 miles per hour and the dry air spilling into the east bay. as you can see over the east b

in more recent years, as in mexican artist teresa margolles' harrowing, "lote bravo" from 2005. 400 adobe from the earth where bodies of murdered women were found, the 'femicides' in ciudad juarez. >> she picked up earth from those places and then working with an artisan, they produced these bricks. >> each one represents a woman. mirez: each one represents a woman. you can think of it as a memorial, but you can also think of it as a cemetery. >> a big focus for the collection now: art by american-born artists of latin american descent, already numbering more than 400 works by some 70 artists, like houston-based vincent valdez' painting of a young man suspended in the air, from his series titled “stranger fruit”. ramirez sees a vibrant and growing latino art world, but one still in need of what she calls an “infrastructure”. >> galries, museums, collectors and institutionalized study programs. without these elements, the art cannot flourish -- i mean, it can flourish at the level the artists are producing in, but nobody's going to get to know what they're doing or to really understand its

all right, let's talk to the adobe course one else fun gilder in cape town. to get another side of this ellis could to see you. you know, south africa has been such a big proponent of this idea of waving patents for vaccine makers. others have not been as excited. what is the leadership in the country? how are they likely to look at the outcome of the summit? so of course they're happy with any help they can get on the one hand, on the other hand, wider pushing so much for for the, for the captains waivers is that they thing as well. we don't want to be independent dependent anymore. we want to be independent as well. so to solve this price is there is and this way, of course, also what they believe, a drop in the bucket because there's so many people that still need to be vaccinated, not just africa, but in the, in the whole, the whole continents and sort africa is is leaving the african union now, so they're also speaking on that behalf, so they will keep on pushing that. so they've been spearheading that together with india. so there will be more discussio

addition to the toxins present in the soil and groundwater, the engineer has other concerns to matters of adobe seeking, there is the rich blow serves, and even warfare agent could end up in the wrong hand them to him, they couldn't, that would pose an even bigger risk to the population of some critical for the perfect posted one of those warfare agents is the nerve gas, one of the most terrific chemical weapons ever made for these accounts and palate is the nerve agent the probably the worst half. and because even just very little concentrations condemning persons nervous system and paralyzed the rest, the retreat center leading to death from or through a tree failure mention stand on an artifact. talked 1st, sanction thorsten stroke surveying a sinister place the ruins at the sarah plant in munster, the ones here. this is where the saran plant was to demand toward the end of the war. they carried out trials here into the mass production of the warfare agents theron come here to the wi fi. at that time. they only produced half a ton when them pounds of what they would have eventually been able

so it favorites apple an microsoft, but it favors the more cyclical areas of tech like salesforce, adobe, paypal, visa, mastercard i think those will be the areas to be in quite frankly, i think most investors around the world sold those positions way too early. >> okay. let me get the committee in. because you hit financials, financials, financials the way you did, josh brown, you get the first crack at belski because that's exactly where you are looking too. >> hi, mr. belski. good to see you. a philosophical question if i may. if dr. j is right that inflation is running so hot that it is going to start forcing people to modify their behavior, no sign of that yet but i suppose it is possible, doesn't that take care of the inflation problem in and of itself? and as part of that, if we think that a lot of the source of inflation is coming from the stock market in the form of the wealth effect, which i think is undeniable at this point, you had a 75% one-year return in the s&p, unheard of since 1950, and everyone is in the market again. so if we think a lot of the wealth effect and a lot

i'm peace adobe. you're watching the news live from coming up in the next 60 minutes. is found to be in this community, and this proportion and the impact on an object such attacks may constitute war crimes. the un human rights chief res, these allegations of is ready war crimes. as a special session gets on the way on abuses in the occupied territory. remembering the rwandan genocide, the french president emanuel mccomb arrives in kigali part of an attempt to reset the relations. forced to flee thousands pack up their lives in the eastern congress city of goma on the threats and interrupting volcano also ahead. the u. s. president 6 um says ordering an agent investigation and the origins of cobra 19. now i'm sorry. how much not have all the port span? villareal celebrates winning the police after dramatic penalty shootout when over manchester united in the final ah, it's really striking garza could amount to war crimes. those are the words of the human rights chief michelle ashley. she was speaking at the opening of a special session of the un human rights council. it

i'm pete adobe. you're watching the news. i live from my headquarters here in hall, coming up in the next 60 minutes. the us pilot, the pressure on e. c o. p are demanding further action. so in the crisis, in degree with millions displaced and in desperate need of aid. as israel rejects un, calls for an independent investigation and possible war crimes in garza, the reality on the ground is all too clear for the displaced hong kong media tycoon . jimmy lie a sentence yet again. his role in the 2019 anti paging protections also had fatal politics. why so many regional candidates in mexico's local elections a being killed? i'm john ross. go with the japanese official fund to extend the state of emergency and with less than 2 months ago, the limping organizes lead to travel with full confidence to gain. ah, the united nation is top refugee agency has expressed its growing concerned about the crisis in ethiopia as northern te gray region, there are reports, hundreds of refugees have been taken from displacement camps by soldiers.

beginning of the pandemic when all of us were going online because that was really our only choice adobe do feel more comfortable shopping in stores than they did last year, but in store traffic is still well below 2019 levels according to censormatic solutions. last week store traffic is 20% more below 2019 but -- excuse me, traffic is up from below 2019 320% up from last year when many non-essential retailers were closed so we're still lower from 2019, up from 2020, but that makes sense because the stores were closed so things are starting to recover, but we're not all the way there yet. becky? >> okay. court, thanks. good to see you. joe? >> thanks, becky >>> moderna releases quarterly results. >> we've got quarterly results and some vaccine news from moderna. we'll start with their earnings. this is the first time in the country's history they've reported a profit on a gap basis. they said it came in at $2.84 per share. analysts looking for more. analysts were looking for 2.04 billion. the covid vaccine in the first quarter brought in $1.7 billion in revenue they are now saying they

donovan make his videos sing, we had the folks at hp send him a brand-new laptop, an adobe loaded wither: we can't wait to see this angel spread his wings and teach all kids how to fly. >> we're going to be hearing so much more about mr. donovan. >> great, hoda. >> he is a cool, cool guy. by the way, when they leave seventh grade, he gives them his phone number he says, call me in high school. they call him in high school, they catch up. and just to launch his dream of making inspirational videos for kids, donovan is using his own money. he is moving in with his parents to use all his savings for this. we wish him the very best. the guy is going to be a success. i swear, meeting him, i was thinking about all of us in seventh grade who could have used a mr. donovan he's a cool guy. >> mr. donovan >> come on. >> we'll be hearing lots more from him thank you for that >>> by the way, we're just getting started. mr. donovan is the beginning tomorrow on "celebrating service," jenna bush hager is going to head to texas, a state she knows well she's ghg thgoing there for a le event to share th

you had strength in nvidia, adobe, some of the chip names.overall loser for the month, the only one to close lower. the russell 2000 down boy 0.2 of 1% meme stock mania returns this week helping amc and gamestop soar coming up paul hickey on whether these moves have any indications on the broader market. plus our summer unmasked series continues. this hour we've got the ceo of hawaiian holdings and how the labor shortage is impacting his business first up, though, robert nobles joins the conversation first to you, mike, how would you wrap up the month and where do we head from here >> i think the month basically is represented by the bull market kind of holding serve there was some excesses that needed to be worked off. it did seem a little bit extended at the beginning of the month, more into mid-april, and that has mostly been rectified by the market going sideways and frustrating and boring people along the way which does sap some enthusiasm which in theory could set the stage for another leg up if that's where we're headed a little lack o

really like looking at more secular growth names it can still be in the tech area a name like nvidia or adobentire sector. >> why not >> well, i mean, as i was mentioning, we're longer term investors at cross mark, right so there's a lot of people trying to make the trade and you can get in trouble trying to make the whip saw event. if you look at the trends that are going to happen longer term whether it's around data infrastructure, whether it's around 5g, cloud space, more people work from home and companies really need to build out their i.t. infrastructure, we think there are long-term opportunities there. yes, there is a pull back. yes, there is a pause and consolidation. that's okay. longer term we're still going to have apple, we're still going to have microsoft which are two of the largest names in our portfolio. we have the shortage in trips and we have some seminames we look at nvidia. automation, ai, that's not going anywhere any time soon that's only going to build that gives them growth going forward. we think there are opportunities. still in the tech sector if you still want t

arkansas, central mississippi, were gonna watch very closely and were watching a really nice day in adobemuch better rain across parts of the deep south. back to you. pete: extended jobless benefits of major hurdle across the great country, just trying to recover from pandemic lockdowns. maria bartiromo on staffingepow struggles next. really? i'll check that out. oh yeah. i think i might get a quote. not again! aah, come on rice. do your thing. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ being a good father is important to me so being diagnosed with advanced non-small cell lung cancer made me think of all the things that i wanted to teach my kids. my doctor said i could start on keytruda, so i did. with each scan, things just got better. in a clinical study, keytruda offered patients a longer life than chemotherapy. and it could be your first treatment. for non-small cell lung cancer that has spread, keytruda can be used do not have an abnormal “egfr” or “alk” gene. keytruda is not chemotherapy it's the immunotherapy used to treat more patients with advanced lung c