adobe is a good example.'s two things you want to pay attention to, obviously the market capitalization, the top valuation but also how does that compare to the historical valuations to some of these businesses some of these companies are trading at lower multiples than they have on average over the last two to five years. >> tech here, cloud security company okta had a nice run but tony things there's too much fog in the forecast for this company. tony, what do you see? >> yeah, that's exactly right. security is at the top of mind for a lot of investors i think on this particular cloud security stock there is potential downside here. if we take a look at the chart itself here, the stock is trading very wide range between 210 and 290. recently we have seen lower highs here it did have a strong week and the strength here this weak is the opportunity to look for some short exposure as a test that 210 support level. the reason it could potentially break that major support level because if you look at the stock r

. >> which adobe is? a solid earnings going into the week or mud brick, carl will model it out for us, maybe even in clay. and tony zhang continues to rain on cloud computing plays which name he thinks won't strike twice. and plus now we have your attention, professor khouw busts outlandish myths about naked shorts and meme stocks. time to risk less and make more. "options action" starts now >> adobe is out with earnings next week and like its name sake mud bricks the chartmaster thinks this name is solid and strong, carter, what do you see? >> i do. it's timely. one of the things about timing is, you can get the direction wrong but playing for a break out in response to earnings. several charts the first is a two-panel what you see of course is that adobe just this week has returned to where it was almost a year ago late august, early september and the principle of a break out is after some backing and filling you typically can exceed a prior high equally important and absolute relative is the bottom pan

adobe and on the bottom relative performance to the s&p.u're going sideways for ten months while the market is ascending, your relative aative strength line is going down. so, good set up absolute and interesting developmental action relative and make your bets. ours is long >> hey, similar set up, mike so, a similar trade maybe for amazon what do you think? >> yeah, we can't do quite the exact same trade for amazon. one of the issues that we have first thing i would just talk about the stock in general obviously, the stock range bound for a time but this is a stock that has really been growing into what i think historically people thought was a high valuation. if you maintain that growth, it isn't really for a long time people used to price amazon on a price to ebita basis and the reason was rather than looking at net income because the company was reinvesting so much into their business and into their own growth but you can see if you take a look at a long-term chart of its price to ebita, it is at a historical low right now the company i

again, just like adobe, on the top is the stock, in this case amazon not adobe on the bottom is relativece to the s&p. so you're going sideways for ten months and the market is as ascending the line going down now moving above the down trend line good set up absolute interesting developmental action relative make your bets our is long. >> okay. similar set up mike so similar trade maybe for amazon, what do you think? >> yeah, we can't do quite the exact same trade for amazon. one of the issues we have, firstly, it the stock in general has been range-bound for a time. but this is a stock that's really been growing into what historic ally people thought was a high valuation, if you maintain that growth it isn't really you will remember for a long time people used to price amazon on price to ebitda basis and the reason was, rather than looking at net income because the company was reinvesting so much into their business and into their own growth, you can see if you take a look at a long-term chart of its price ebitda that it is at a historical low. actually the company is trading 36 times y

>> adobe has always talked about the address onlable market opportunity that we have over $140 billion. and if you look at our results relative to what we had originally had as an annual target,s if clear that we'll blow it away so i would say that it actually reglflects for us the more tail winds associated with each of businesses we do expect a little bit more of the summer seasonality as people hopefully in this new normal actually go out, spend time with family, maybe it a little do a little bit more travel and then the seasonal strength back in q4 which for somebody like you who followed us for a long time that is the seasonally strongest quarter. so we don't think that it is demand, would juste just think i the new normal as digital is more critical. >> and talk to me about product momentum and innovation. i'm an a todobe creative cloud customer and a number of products were updated most recently how has your productivity continued to keep pace through the pandemic and what are your plans as that reopening happens for adobe itself to bring people back into the office or to have t

big tech also a big part of this google, microsoft, adobe, they're all sitting at record highs. we'll get much more on those moves in a minute. one name not getting a lot of love this year is apple. obviously for years high flying, now basically up 1%. flat year to date. on pace for theweakest beginning of a year all the way back to 2016 when it lost more than 9%. still ime, june is not over yet. the clock is kind of running down we're watching you >>> now to a few of your key headlines this wednesday morning. including the very latest on the battle over potential billion dollar alzheimer's drug. we have more from christina. >> good morning, brian u.s. agencies saying they've seized 40 websites from iran blocked sites remaps included by government-run tv. the move comes as the biden administration is in the midst of new negotiations over the nuclear program. one of the largest labor unions will be voting to organize amazon's workers the brotherhood of teamsters is gathering for the annual convention and will vote on a resolution that aims to make supporting amazon workers and ac

number two, the top picks ceo, was adobe's ceo. what stands out about him?ndrew: well, both rich lesser and adobe have 99% approval ratings, employees love them. in the case of adobe, people view him as putting employee health and safety first during the pandemic. it is worth noting, a bunch of the tech companies that made the list, they are platforms like the slack, adobe, zoom that have become essential during the work from home environment, so i think that has played a role as shantanu narayen has stepped out front and lead the way, turning their product into an essential thing that has kept teams remotely working. emily: microsoft, number six. tim cook, 32, he is the only ceo to be on the list for all eight years. talk to us about what is important here. what workers are telling you in the data as these companies like microsoft, like apple, like adobe decide their return to work plans and workers are going through another major transition. andrew: the common themes are first a person that embodies the company's mission and walks the talk of the company.

to take workflows further, trust adobe on it orchestration by cdw.etting here near the bottom of the hour, welcome back to tech check. nasdaq is looking for its third straight record close, what would be its 18th of the year and already on pace for the best week since april we'll get to more on that in a moment but first let's get a news update >> good morning, everyone. in the last 0 mi30 minutes, the justice department saying that it is suing georgia over the voting law >> today the department of justice is suing the state of georgia. our complaint alleges that recent changes to georgia's election laws were enacted with the purpose of denying or abridging the right of black georgians to vote on account of their race or color in violation of section 2 of the voting rights act >>> shash shares of nickt nike % and a measure of inflation that the federal reserve closely watches posted its biggest gain since 1992, jumping 3.4% in may compared to last year, although that is this in line with wh economists were expecting. >> and cdw is called the top unde

to take workflows further, trust adobe fast. that's another level. >>> welcome back the oil market is closing for the day. what a session for energy. let's get the latest >>> a big session for energy stocks here and oil is once again rising after posting four straight positive weeks. wti crude futures breaking above the $73 mark for the first time since october of 2018, up 2.8% at $73 for the july contract which is set to roll tomorrow. so we are seeing some thin trading volume the august contract also posting a strong session finishing here about 2.5% higher. advancing about 1.9% to $74.88 now the tsa screened 2.1 million passengers, which is a pandemic-era high. some are saying the return to levels is coming faster than previously expected while supply remains tight. at a certain point higher prices will have the opposite effect and curtail demand something to watch here longer term the energy sector is responding. the group is up more than 4% halliburton and marathon oil are leading the way. >> pippa, bank of america is calli

. >> adobe up and out. >> tony? >> opta, buy a put spread. >> mike?ell high. >> makes sense that does it for us. we will be back next friday. don't go anywhere. "mad money" starts right now (dramatic music) ♪ (stu) i really can see the difference. i can see this hair coming in. i have hair on my head. i can brush my hair now. within two months, i've gotten my hair back. it's just like a second chance on life. ♪ no hormones, no surgery. ♪

to take workflows further, trust adobe on it orchestration by cdw. uno, dos, tres, cuatro!ake workflows further, trust adobe [sfx]: happy screaming [music ends] >>> it's time for the final trade. let's go around the horn. karen, who have you got? >> my summer intern, my nephew he is all over amazon. i should have listened to him. >> put him to work guy? >> cutie. >> expedia, courtney. >> steve >> apple i'm going with value and growth. >> when i said cutie i actually meant the little boy tim. >> come on all right. so, look, the financials are starting to go to base under the 10%. xl off 100 i think you can continue to ride this trend the fundamentals are strong in that space look at that cute little boy. >> so cute we need more of him. "fast money" -- "mad money" with jim cramer starts right now. hey, buddy >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there is always money to be found and i'm going to help you find it. "mad money" starts right now >> i'm jim cramer. welcome to "mad money. my job is not just to entertain y

to take workflows further, trust adobe on it orchestration by cdw. up, to take workflows further, trust adobe my mom, siblings and i faced more than our fair share of adversity. but i believed in a future beyond what others saw. when it came time for college, the kpmg future leaders program was there to help. it was more than a scholarship. it was four years of support, mentorship and training. now i'm my family's first college graduate and i'm just getting started. the kpmg future leaders program. empowering young women to reach their potential since 2016. >> welcome back to fast money. airline industry facing major staff shortages as demand for airline travel is picking back up >>> courtney, when it comes to staffing for the airlines, two pieces of news here. one showing the positive and the other showing the bumpiness the airlines are going through take a look at shares of delta the company late this afternoon in an internal memo sent to the staff in charge of the operations there, basically said look, we are go to add 1,000 new pilots by next sum

i5 to, you know, look at the data from adobe? , , ., adobe?g to listen to sajid javid _ adobe? is quite interesting to listen to sajid javid talk - adobe? is quite interesting to| listen to sajid javid talk today. adobe? is quite interesting to - listen to sajid javid talk today. he didnt— listen to sajid javid talk today. he didn't mention at all that phrase that matt — didn't mention at all that phrase that matt hancock repeatedly used. he's been_ that matt hancock repeatedly used. he's been very confident in his statement saying that july the 19th is a date _ statement saying that july the 19th is a date that would be, he expected it to be _ is a date that would be, he expected it to be next. it would be irreversible. they should be no going _ irreversible. they should be no going back. the kind of words that will be _ going back. the kind of words that will be very— going back. the kind of words that will be very welcome from the back benches _ will be very welcome from the back benches of— will be very welcome from the back benches of the

don't miss an exclusive with the ceo of adobe that's on the next hour on tech check.ch from underperform to outperform. the firm saying it says business travel the shares are basically flat for delta. we're going to end with danish meme stock, bear with me, orphazyne. that stock is down 38 % following a 60% surge earlier this week to put context around that >> market down off the lows. still close to 400 maybe st. louis fed president partly to blame if you want to say that, because he joined "squawk box" earlier today, sounded certainly more hawkish he talked inflation mare pressures. let's listen >> we were expecting a good year, a good reopening, but this is a bigger year than we were expecting. more inflation than we were expecting. and i think it's natural that we've tilted a little bit more hawkish here to contain inflationary pressures >> the first rate hike in late 2022 that's earlier than some anticipated. those comments certainly helping stocks to sell off a bit dom chu watching the markets and has a lot inside the market on today's moves. >> in the early act

to take workflows further, trust adobe on it orchestration by cdw. >>> welcome back to "fast money. we have another earnings alert on nike. let's get to sara eisen for the details. >> good to see you the ceo just saying the returns to sport and the permanent shift for consumers like shopping online and buying fitness products are helping nike. and nike did knock it out of the park this quarter. some highlights, direct sales which is a proxy for digital surging 73%. that explains the big jump in margins that came in well above expectations of 45.8% gross margin as digital is proving to be por profitable. overall sales nearly doubling driven by the triple-digit growth in whole sale or stores that were open not this time last year and double-digit growth online including in their sneakers app listen to what he just said about that >> the emotion and pour of our brand to life through our digital eco-system, which is led by the sneakers app. in q4, sneakers grew over 90% in demand and saw nearly 80% growth in monthly active users. we're now offering this

to take workflows further, trust adobe on it orchestration by cdw.c bottles to take workflows further, trust adobe turn into this? wm and repreve have given new life to over 20 billion plastic bottles. and we're just getting started. see how recycling is one of the many ways wm is always working for a sustainable tomorrow at wm.com/stories. >>> welcome back let's check in on how -- record closes to the s&p and the nasdaq once again the nasdaq 100 -- all up about the best forming -- were the only stood in the red dow now down close to the close. ongoing weakness in gold pulling back a bit as we see fedex sliding. >> you know, bask last year, or the omnichannel beneficiary, so we'll see if there's any giveback it seems to me the street loves the overall story. >> and nike is out >> it's a big beat nike coming out with >> it look like sales were much higher than expected up 96% the expectation is around 11 billion, so that was also a pretty nice beat because of the boycotts. i will say it's a slower growth rate so there's definitely an impartial from th

to take workflows further, trust adobe on it orchestration by cdw.a that employees could enter themselves? that's why i get up in the morning! i have a secret method for remembering all my hr passwords. my boss doesn't remember approving my time off. let's just... find that email. the old way of doing business slows everyone down. with paycom, employees enter and manage their own hr data in one easy-to-use software. visit paycom.com for a free demo. . >> announcer: lightning round is sponsored by td ameritrade >> it is time. it's happening, lightning round. and then the lightning round is over are you ready? john in alabama. john >> caller: boo-yah from bama, jim. >> nice. >> caller: squawk box and "mad money" got me into investing that's what we want to do. >> caller: i'm calling about ticker symbol fesn skyrocketed lately upcoming fda approval. continue or take profit? >> stock is done $4 stock, take some off. if it doesn't go right, going to $1 take some off, make me happy chris in mississippi chris. >> caller: how you doing, jim? i found a stock

to take workflows further, trust adobe on it orchestration by cdw.take workflows further, trust adobe on it orchestration by cdw. labradoodles, cronuts, skorts. (it's a skirt... and shorts) the world is going hybrid. so, why not your cloud? a hybrid cloud with ibm helps bring all your clouds together. that means you can access all your data, modernize without rebuilding, and help keep things both open and secure. that's why businesses from retail to banking are going hybrid with the technology and expertise of ibm. re-entering data that employees could enter themselves? that's why i get up in the morning! i have a secret method for remembering all my hr passwords. my boss doesn't remember approving my time off. let's just... find that email. the old way of doing business slows everyone down. with paycom, employees enter and manage their own hr data in one easy-to-use software. visit paycom.com for a free demo. >>> welcome back the final round of the u.s. open golf championship traditionally falls on father's day. jon rahm birdied the 17th to tie for

out of these calls probably before the end of the show >> love it good stuff, pete thank you. >>> adobeof its earnings, as i said. what do you do from here shannon owns it. we will debate it next talk about that right after this modern or reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach helps them personalize experiences with watson ai while helping keep data secure. ♪ ♪ ♪ from banking to manufacturing, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. ♪ ♪ ♪ >>> what a day for adobe new record high today. they posted strong q2 results. shannon, you own it. what is the trade here now keep riding it, take some profits? >> no, this is -- you just got to keep with this one. i mean we've seen a little bit of strength coming into this, but the stock has underperformed over the last year really, this is a, you know, great example, you think about digital experience and you think about how we're delivering everything to our customers, to our clients, you know, across our busi

a couple set to report earnings, oracle and adobe they report their results.acle you go first >> yeah, scott, i really like oracle it has -- it basically provides the cloud infrastructure that zoom sits on it has a 4% free cash flow yield and also a 14% return on investor capital plus, it provides 6.3 million students free stem education materials. so this is a company that's doing well for shareholders and stakeholders >> okay. adobe, reports on thursday, shannon, which is one of your stocks had a nice move in the number, so, you know, maybe that makes the report a little bit high pressured than it otherwise might be it is up 11% in a month. you tell me. you're the expert on adobe >> i don't disagree with you i think there is a little pressure here. we are looking for digital media to be growing faster than digital experience we think they actually could guide a bit higher based on that, but we would anticipate that, you know, we could potential see a little bit of softness, not dissimilar to what we very seen in other tech stocks this season i would say it i

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>> let's hope we get more nikes and adobes.hat i'm watching some big, big megacap names are set to go higher. amazon breaking off the one year range off of earnings i think it will get going. apple is acting better here. nvidia is a rocket ship. these companies are growing earning better than others and recognizable with big institutional sponsorship from the big funds. that is sponsorship we always look for. we hope we see more nikes and adobes, next quarter. charles: michelle, you live for this kind of stuff, don't you? finding the next nikes and adobes? >> i do. one area we talked about is retail goods. regional sentiment is strong. we're going into seasonal strong period especially with back to school. that got me to thinking of back to school type stocks. l brands being one. kohl's being another. also continuing with going back to work. i still like estee lauder, ulta, some of the make up companies and home depot and fashion like capri which is michael kors and jimmy choo. charles: all of those names are a monster. capri i

we are at a true inside story from me, pete, adobe, and everyone in the team here. and thanks for watching. we'll see you tomorrow for the moment. bye bye. i me. the age old, you familiar? innocent lives ended in an instant. then grief anger on the debate around firearms, but the survivors and families of the fallen reality often changes forever. hold lines investigates the long lasting trauma inflicted on communities. the aftermath. my shootings in america on al jazeera living in a was and is a risk not worth taking for most but for a 10 year old boy, there is nowhere else to go. in the absence of his parents, his grandmother dedicates herself to his upbringing. never knowing whether the next explosion or echo one step closer to the place they call home the distant barking of dogs. a witness documentary on al jazeera. we town the untold story. ah, we speak when others don't. ah, we cover all sides. no matter where it takes a police fin here, guys my i empower in pasha. we tell your story. we are your boy. you knew your neck out here. we understand the differences a

we are at a inside story from me, pete, adobe, and everyone in the team here. and thanks for watching. we'll see you tomorrow for the moment. bye bye. i on county, the cost staff gonna sans war economy gives way to more security. as the us, we drove through how the congo lose billions in a deal with them. israeli 1000000000 at floss, the oil giant losing for environment, and investors counting the cost on al jazeera when much day arrived, the green army comes to life. but football is not all they shout about a club where societies disenfranchised the loudest voice. and political descent takes center stage. they are morocco's resistance. the officers of raja casablanca, the funds who make football on i'll just be around the state of oman, city, the mouth of the region, gulf eastern, end of the era peninsula. if you look at the raven peninsula as a whole, the essentially to the ancient countries to the east to west. yeah. it's sometimes known as the switzerland of the gulf because of the importance regional role. it plays in the gulf cooperation council. the gtc

i'm pete adobe. now it is rich in resources. it's got africa's biggest population and it's enjoyed democracy since 1999. but nigeria is facing numerous challenges that are threatening to derail much of the progress it's made since that time. mass kidnappings attacks by arm groups and criminal gangs, corruption and a lack of jobs of anger. many widespread protest last year against an anti robbery police unit led to the killing of protesters, nigerians, and calling on the government of bahama to bahati. to do more to ease their suffering. but officials have responded by banning twitter that lead to more protests on saturday. so where does nigeria go from here? we'll put that key question to our guests shortly. first, this report from an address in lagos. i protest piece with demonstrators chanting port, democracy songs, there was heavy police presence, some officers even moving alongside the small crowd until the 1st cordon was breached. when the security forces lock rounds of 2 guys at the protest as the crowd including dozens of

i'm pete adobe. here in up know from oceans to forests and farmland. the world's ecosystems are being degraded and destroyed, and the us environment program says the situation is past the point where conservation alone can turn things around. at the moment, the equivalent of 1.6 us on needed to naturally supply what people are consuming, about 80 percent of the world's population live in countries running ecological deficits and encroaching on animal habitats creates ideal conditions for pathogens . likely, one that caused the global pandemic to cross to humans and spread or put another way we are creating a big overlap area between animal and man. for more corona viruses. so what do we do for starters? well, the u. n. environment program once a generational restoration to rehabilitate a 1000000000 hector's of land over the next decade. that's roughly the size of china. and the head of the us environment program in the anderson told al jazeera it can be done that be in the heck test that we have over exploded, degraded through our human activity. we ne

we are at ha, inside, stored from me, pete, adobe, and everyone in the team here. and thanks for watching. we'll see you tomorrow for the moment. bye bye. i news. news, news, news, news channels to oh, just do english in h t for the best experience to say english h d 's available across europe on satellites usual stop the 13 sci astro, long and astro. 2 g, starting fast, july 2021 out of their english se across europe will only be available on 45124182800078. for further information visit our website 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 somebody 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 20. a reporters retreat in a brutal civil war. if a comment hadn't been that, the israeli invasion would not have been so well as the commodore had become a journalist center. you could be in a safe enclave

how would it work. >> if you are adobe and you have creative cloud you can sell for for example.mium subscriptions within your adobe cloud and app microsoft isn't involved with that don't take economics. do that all yourself or if you want a small are publisher you can use our store we have the most competitive economic. >> you're not taking 30% if you have a store within a store. but you don't maybe get the discoverability of microsoft putting you front and center how does that work >> yeah, we have -- what we do is we have one store, very easy, trusted, simple to find apps abwe will put all the apps the store as well. it's really a choice for the developer and creator. the other opportunity you mentioned is within the new ai powered personalized feed giving you all news and content and information you care about on the windows desk top, really ando an incredible feature, we allow creators to bring content and start with local creators and build that it's another way for people who want to blog or reach over the 1.3 billion windows customers right on the desk top. >> teams is a

to take workflows further, trust adobe on it orchestration by cdw., trust adobe hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. >>> welcome back, everybody. over the next few weeks on "power lunch" we'll be looking at the cutting edge trends shaping the way we work and live, the next frontier of innovation and technology. julia boorstin joins us with our first look at cutting edge networking tools julia? >>> well, kelly, the next frontier of business networking isn't digital networks like linkedin but ways to connect even virtually but face-to-face. startup lunchclub uses ai for meetings it raised $24 mil

i'm pete adobe. as he runs presidential candidates, whole, the televised debates. there's a much bigger debate about the election itself. only a handful of the hundreds of people who applied to run were approved by the election watchdog and the supreme leader, ayatollah ali. how many says some of those rejected work quotes wronged? iranians now have a choice between 7 candidates, 5 so called hard liners and 2 seen as moderates. be contentious elimination processes up the prospects of hard line judiciary chief abraham racy, who's favored to win. gracie is an ally of the ayatollah coming to e, but anger about the candidate bands and the weak economy may dent the supreme leaders. hopes of a high turn out. i will badly ask, has only has thank you, bob. oh no, you someone to give up the judy to participate in the election with absurd reasons . it is the will of the enemies, the enemies of iran, the enemies of islam, and the enemies of religious democracy on al jazeera. as i begs into iran, he says there is a definite lack of enthusiasm. this presidential election has be

adobe also one of the top few stocks on a one-month basis and twitter, far and away the best performingck in the communications services sector over that one-month period they're not the best performers. you have to look down the list for some of the other ones over there. if you look at end phase, also service now, cloud computing services and pay pal and payments technology, they have been some of the real outperformers overall in that technology trade as people have kind of funneled into those particular moves, those stocks have been outperformers. but i want to highlight one more stock, and i'll show you the one year chart, year to date chart for this one this is cybersecurity. talk about a stock that hasn't had a dip whatsoever, jon, over the course of the last year to date period, cybersecurity a big focus for many traders and gig investors. fortinet, most stable in the entire tech trade over the course of the last month a handful of names really standing out on shopping lists back over to you >> indeed. dom, thanks. another stock that is up about 6% over the last month, 38.5 year

i'm pete, adobe systemic racism needs a systemic response. that's the call to action from the un human rights chief, michelle ashley. she's released a scathing your report into the treatment of people of african descent, particularly in north and latin america as well as europe. she says, governments should stop denying and start dismantling racism and build trust among minority communities, especially argues the time is right to achieve a turning point for racial equality. she's laid out a 4 point plan to achieve what she calls transformative change. the recommendations include prosecuting law enforcement offices for unlawful killings and reparations for historical racism, as well as funding for activist groups like black lives matter. the report was sparked by the police killing of george floyd in the united states. the former police officer derek shogun, has been sentenced to 22 and a half. he is in prison. stairs must show stronger political will to oscillate action for racial justice who dress and equality through specific time val comin

. >> hey, dan, it is jon you mentioned oracle i can't help but contrast oracle's results and adobe's from last week both strong on the top and bottom line, but in their guide, oracle, you know, on the margins, was saying we're going to invest more in infrastructure, capital expenditures will be higher, we're just getting ready to talk to tony xu later in the show about an expansion into grocery. these investments cost money as an investor, how are you factoring in what the impact is going to be on the stocks when these companies say they're going to make these investments and are you buying into that or are you reacting some different way? >> yeah, no, it is a terrific question, jon. it really depends on the type of company you're talking about, so in oracle's case, the biggest problem is this company has been horrific in terms of growing over the last three years, and you can argue the last decade. and it is in the hottest area of all technology, software some of that you can argue is due to the fact that they haven't invested in the past the fact they're doubling their capex this y

hello and welcome to the program on pete adobe. it is a landmark case brought by climate campaigners for the 1st time, an oil giant has been legally obliged to adjust its policies to save the planet. british dutch multinational shell now says it plans to speed up its plans to cut greenhouse gas emissions in response to the ruling last month. the company was ordered by court in the hague to reduce emissions by 45 percent by the 2030. that's a much higher reduction than the firm's pledge to lower its emissions by 20 percent . the lawsuit was filed in 2019 by 7 activist groups and more than 17000 dutch people. environmentalists say shell is obliged to bring his business into line with the 2015 paris climate accord. the shell, c, e o ben van de burden so that the company will appeal against the ruling he added. for show this ruling does not mean a change, but rather an acceleration of our strategy. we have a clear target to become a net 0 emissions business by 2050. we will see ways to reduce emissions even further in a way that remain

testif tiffany, do you have a take on adobe at this level?just got cut off. >> we'll come back to you in just a moment. adobe was getting pushed into the faang at times >> it's done quite well. and i think there has been a separation between the adobes and faangs which are stupendously profitable as opposed to the more speculative stuff. so it's at a new high with this after-market move and fits right in with a market that was a little more geared toward picking and choosing among some growth stocks when the cyclicals had a little bit of a comeuppance today. >> on top of the good performance. a nice pop after hours up 2.6% stephanie link, tiffany mcghee, sorry for the shortened market wrap-up today. thanks for joining us. >>> when we come back, bradley tusk on why he says the white house needs to move faster for regulation on self-driving cars and trucks "closing bell" back in a moment. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be

to take workflows further, trust adobe on it orchestration by cdw.kflows further, trust adobe hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. >>> in a market that suddenly feels a lot more friendly to secular growth stocks, could it be time to snap up some snap the last month and a half, the pa parent has seen its stock rebound off the may lows and this is exactly the stock that works when money managers are starting to worry about a slowing economy. whether the fed tightsens sooner that expected, snap is going to put up excellent numbers the same ones no matter what the fed does the wall street fashion s

adobe tops the list at 2.8%. show me some winners. adobe at the top that, $757 a share 1.5%.is is a down day on wall street. the treasury yield, 152, james bullet's inflation move, down to one.49%. it is only up $0.50 an ounce at $175 or announce. bitcoin, 37,200 lower. oil, $70 a barrel. that is all the markets. manchester united out of britain, stocks traded, they lost $30 million, no fans. stock is up a fraction. so much for having different views, roll it. >> don't care if he's apologizing. >> then you can be how you always are. stuart: that was a fight that ended up off the rails. stuart: the white house spending billions on pills to fight covid. the pills are in development. they would minimize symptoms, we will talk to doc siegel about that next. ♪♪ my retirement plan with voya keeps me moving forward. they guide me with achievable steps that give me confidence. this is my granddaughter...she's cute like her grandpa. voya doesn't just help me get to retirement... ...they're with me all the way through it. voya. be confident to and through retirement. ♪ ♪ i had the nigh

the methods shouldn't be new to anyone, one into half use into adobe pandemic wash. your hands maintain social distance mosque, but the disaster management officers in cape town have observed that more and more people and not sticking to the rules. i'll plead to them really to consider the loved ones, even though they may be resistant to comply with people. but they might think of the family members in the loved ones because they feel like a divided. they don't vertical but they so if people i don't and potentially losing a loved one, not wearing math in public as a criminal offense in south africa, yet many people don't. but mostly this mosque in everything is for each people, you know what i mean because they have so a lot of money, they don't want to die. bullet eating us. it is tiring. it is, especially for those who goes to school like kids. now they must go 2 days a week. like it's all it's frustrating then it's frustrating for a lot of people close to me die because i fall already on the 2nd wave. so i'm, what are they doing this ted leaf so far, the province

one into half years into adobe pandemic wash, your hands maintain social distance where mosque. but the disaster management officers in cape town. they have observed that more and more people and not sticking to the rule, i pleaded in the really to consider the loved ones, even though they may be resistant to comply with total. but they must think of the family members they love want to know because how they feel like divided the day to comply with the people i don't and potentially losing love to. i'm not wearing map in public as a criminal offense in south africa. yet many people don't, but mostly this last year. everything is for each people, you know what i mean because they have so a lot of money. they don't want to die. bullet eating us. it is tiring. it is, especially for those who goes to school. like kids now they must go 2 days a week. like it's all it's frustrating man. it's frustrating for a lot of people close to me die because i've already joined the 2nd wave. so i'm, what are you doing this ted leaf so far, the province of how ting around south africa, economic ha

watch adobe. adobe was unbelievably good. and he said he was sanguine when things were ready to fall apart. we put that behind us and he's one of the most thought full people involved with the federal reserve. >> jim, jim bullard is very thought full about this stuff. the question is how much do you take away from one man >> oh, no -- >> how much do you think this is part of a broader strategy, meaning a communication strategy, or do you think it's just one individual? >> no, i actually thought it was a communication strategy and i do feel that there is some belief that some of the things that they're buying don't make a lot of sense you've got to start with bullard and work your way over this is how you kind of shake things out but i do think that the collapse in commodities is astounding we've got to talk about it commodities. oil can roll over, the saudis don't want it in any higher because we'll start pumping. the banks are doing awfully. the banks and machinery companies. lee meisler has charts on twitter. let's throw in

adobe sign orchestrated by cdw, automates esigining across devices to bring organizations together. leading security sign integrates what the tools are already using so you can grab signatures across organizations and even time zones to save you money, materials and mileage. making it easy to sign here from anywhere so you can do more everywhere. to take workflows further, trust adobe on it orchestration by cdw. >>> welcome back it has been a big six months to remember in many ways many good and many bad particularly as covid collapsed around the country and parts of the world. it has been big for the markets and your money check out the stunning stats that our crack team put together in the last half year. s&p 500 on pace for the best first half since 2019. not to be outdone? transports best first half since back in 1997 wow. regional banks measured by etf with the best day since 2006 on pace for the best first half ever oil on pace for its best first half since 2009. the year of digging stuff out of the ground, gold, is on pace for the worst first the half since 2019 lately, gold

adobe sign orchestrated by cdw, automates esigining across devices to bring organizations together.dustry leading security sign integrates what the tools are already using so you can grab signatures across organizations and even time zones to save you money, materials and mileage. making it easy to sign here from anywhere so you can do more everywhere. to take workflows further, trust adobe on it orchestration by cdw. >>> welcome back to a developing story this morning and one likely to be the top national story next week that is an historic heatwave out west it could be 115 degrees in spokane, washington on monday and 110 in seattle putting a dangerous drain on the energy grid. we have bill karins with us now. look at the forecasts. fresno, spokane, portland. it is absolutely stunning. >> brian, it will be deadly. one thing people don't realize is heat kills more people in the country than tornadoes, hurricanes, flash flooding is second we are dealing with both of those right now. historic heatwave is focused on the pacific northwest. the biggest concern is people who don't have ai

adobe execution style shooting at a parade in chicago and new video of a volunteer for the mayoral front runner staffed on the city sidewalk. can america's leaders get a handle on the out-of-control crime surge. neil: lawlessness at the southern border as well. human traffickers operating freely at the border fearing migrants into the us day in and day out as more republican governors take matters into their own hands. jillian: the purple heart recipient who went to great heights to ring in his ninetieth birthday. "fox and friends first" starts right now. ♪♪ i want to fly away ♪♪ neil: you seem like somebody who would. do you like it? jillian: i did for this show when i was new here and it is something. neil: are going to throw you out of a plane. we welcome you to "fox and friends first," we are not going to 3 you out of a plane. it is tuesday, i am todd and that is jillian. jillian: tributes pouring in for a colorado police officer killed in the line of duty. >> the latest example of the crime surge gripping our country. jackie ibanez here with what we are learning about the following

adobe sign orchestrated by cdw, automates esigining across devices to bring organizations together. protected by industry leading security sign integrates what the tools are already using so you can grab signatures across organizations and even time zones to save you money, materials and mileage. making it easy to sign here from anywhere so you can do more everywhere. to take workflows further, trust adobe on it orchestration by cdw. >>> let's bring in dom chu >> we want to look at the energy sector it's outperformed by a wide margin look at the s&p energy sector. that's how far the energy sectors come and meg any of oil prices. are there still places, still stocks that have room to run take a look. these are the implied -- saying if the analysts are right, here's where the consensus has these stocks devin energy, one of the best performers up an implied 19% up about 19% as well and as for the majors. that's only because, tyler, kelly, exxon is up almost 55, 56%, that's how far it's come. back over to you. >> thank you very much dom. is now still a good time to buy energy it still h

spell syrian refugees arguing to syria or in the people affected by this ruling. ar, adobe arrested and detained upon arrival. ah, focus on europe ah, 30 minutes on d. w. a brave new world post corona virus. he's in the quality home office and lonely poverty. the economy. dinner piece of the life in frenzy, online shopping conservation vaccination. there was ation safe and sound pushing when i feel everything, what kind of life is waiting for it's after corona and are we ready for is made in germany 90 minutes on d. w. o. young immigrants they know the police will stop. they know that the road is not a solution. they know their flight could be fatal. going back. not an option. peace ma, i'm on and rather they are stuck in the spanish border area. alongside other young people there waiting for a chance that will probably never come. shattered dreams starts june 18th on d, w. ah, the, this is the w news, and these are our top stories. the u. s. supreme court has dismissed the republican lead challenge to the national health law known as obamacare. the decision maintains affordable health