the answer when cnbc's "squawk box" continues aflac! now tell me, what does aflac do? aflac pays you money directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com

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aflac. when you're sick or injured, aflac is there.lth insurance doesn't cover. get to know us at (aflac!) dot com. ♪ ♪ ♪ ♪ ♪ >>> time for futures outlook nasdaq session lows down for a thinker straight day traders are looking for key levels that could signal a pull back is coming squ scott, tell us what you're watching where is the nasdaq going? >> it's a tough time for nasdaq. down 2%. it's interesting, scott that just after we got below 10,900 it was look out below. there's really nothing technically below this level until you get to 10,500. you can see the triple bottom we had last week or earlier this week there's nothing below until about 10,500 this is a break to be bought consumer confidence is good. they are lower for ever. it's going to be pretty ugly for the rest of the day and first couple of days of next week. >> when you look at charts like apple, the nasdaq 100, a third of that index is apple, microsoft and amazon when you look at those and those charts start breaking down, we'll get some technical sell off. it seems lik

aflac. when you're sick or injured, aflac is there. we can help with expenses health insurance doesn't cover. get to know us at (aflac!) dot com. doesn♪ cover. get to know us at ♪ you can go your own way ♪ go your own way your wireless. your rules. only xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >>> welcome back here is your cnbc news update at this hour. the top general in the army says the u.s. only sends soldiers into combat to protect national security interests or as a last recourt. this after president trump suggested that military leaders wanted to fight wars to keep weapons makers happy u.s. army chief of staff general james declined to respond directly to the president's remarks. >>> the british government is facing pressure to contain new coronavirus outbreaks that are being blamed on young people disregarding social di

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aflac. when you're sick or injured, aflac is there.e can help with expenses health insurance doesn't cover. get to know us at (aflac!) dot com. so you're a small. gbusinor a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. >>> welcome to power lunch for a tuesday, everybody glad you could be with us. stocks are under pressure after yesterday's big lrally. the dow down by as much as 200 points coronavirus cases are on the rise again wall street waits, waits, waits for more

aflac! now tell me, what does aflac do?u money directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com >>> welcome back to "squawk box. jcpenney could be closed to being rescued. small owners simon property and brookfield are close to a deal to save jcpenney from bankruptcy saving jobs and stores wells fargo also agreed to give $2 million in credit penneys plans to seek approval from bankruptcy judge early next month. >>> jp morgan chase reportedly firing several employees who allegedly pocketed bailout funds meant to help small businesses showing that they improperly applied for and received funds under the relief program unlike the ppp funds and what is called the eidl program

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now tell me, what does aflac do? aflac pays you money directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com >>> welcome back to "fast money. we are following a developing story out of the nfl the league postponing a game for the first time due to a covid outbreak contessa brewer has the details. >> reporter: brian, nfl has postponed sunday's game between the pittsburgh steelers and the tennessee titans because three titans players and five team personnel tested positive for coronavirus. now, this outbreak shuts down in-person club activities for tennessee and for minnesota, because the vikings had just played them last weekend this is exactly what sports betting compani

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aflac. when you're sick or injured, aflac is there.doesn't cover. get to know us at (aflac!) dot com. >>> shares of peloton closing lower today after competitor echelon unveiled a new low cost exercise bike in partnership with amazon. it's called x prime smart connect bike or simply prime bike it comes with a 30-day free trial of echelon's on demand prie prices the sticker price is $1400 below that of the original peloton bike which came in at $2,000 originally t only closing down .04% is quite impressive if you look online, this bike looks remarkably similar the colors are even exactly the same where the adjustment dial is, very similar to the peloton bike, so much cheaper. i would imagine the functionally is probably almost just as good. the question is whether the classes and the computer system et cetera is good, but a hell of a lot cheaper, for sure. >> it can't be as good unless they hire alex that's the secret weapon. >> are you a big peloton user? >> i've had to be. there's nowhere else to go it's similar to a gym membership i

aflac. when you're sick or injured, aflac is there.nses health insurance doesn't cover. get to know us at (aflac!) dot com. before money, people getools, cattle, grain, even shells represented value. then currency came along. they made it out of copper, gold, silver, wampum. soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. that's why it's time for digital currency and your investment in the grayscale funds. go digital. go grayscale. >>> good friday morning, everybody. welcome to "squawk on the street." coming off the worst day of stocks since june and more selling, at least, on the nasdaq, coming in close to a 2% decline today. the dow gain was a 2.5 plus, whittled away to a 2 >> nasdaq down almost 2% now a road maps that will start with the jobs number. the economy adding nearly 1.4 million jobs in august the unemployment rate dropping to single digits a lot more than expected >>> meantime, goldman sachs

welcome to the aflac program. aflac! now tell me, what does aflac do?cted medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com riaccelerate your investments to be is or pull back?een. change the plan or stay the course? that's why northern trust is here. with specialized expertise... a history of success through every economic climate... and proven strategies rooted in data and analytics. giving you more control. clarity. and confidence. for now and whatever's next northern trust wealth management. >>> now the answer to today's aflac trivia question. what was the last 12 cylinder car produced in the united states the answer, the lincoln continental in 1948. >>> breaking news on the mortgage bailout program diana olick joins us she has de

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aflac. when you're sick or injured, aflac is there.an help with expenses health insurance doesn't cover. get to know us at (aflac!) dot com. doesn't cover. get to know us at (music) anncr: give customers access to precisely what they want, when they need it the most. with adyen, the payments platform that delivers convenience for all. adyen. business. not boundaries. >>> welcome back to "squawk box. we have completed the sale of $5 billion it sold all of that stock. it's off by 9.6% dan ives is managing director at web bush securities. dan, we want to talk about tesla. given the selloff we're watching in technology stocks, why don't we talk more broadly about the stocks that are unraveling and unwinding. >> the process our transmission is there. covering it. the ambassadors call me. >> from what i view, an eye for an eye the confidence in the uptick. i will white knuckle here and the northeast. >> if you go back to 2017, you can continue to bring it up. this isgoing to be the sector that goes. as you look at the conditions they've been

welcome to the aflac program. aflac! now tell me, what does aflac do?lp with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com to a world that must keep turning. the world can't stop, so neither can we. because the things we make, help make the world go round. they make it cleaner, healthier, and more connected. it's what we build that keeps things moving forward. so with every turn, we'll keep building a world that works. ♪ ♪ >>> now the answer to today's aflac trivia question. what automaker says that 97% of its vehicles sold in the last 10 years are still on the road today? the answer, subaru >>> okay that's good. still running. still on the road. i mean, not just -- just not -- not just left somewhere. anyway, we have s

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now tell me, what does aflac do?y directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com i'm a sustainability science researcher at amazon. climate change is the fight of our generation. the biggest obstacle right now is that we're running out of time. amazon now has a goal to be net zero carbon by 2040. we don't really know exactly how we are going to get there. it's going to be pretty hard. but one way or another we're going to reduce our carbon footprint to net zero. i want my son to know that i tried my hardest to make things better for his generation. >>> now the answer to today's aflac trivia question. this insurance company ceo started her career in the industry a

the answer when cnbc's "squawk box" continues aflac! now tell me, what does aflac do?ctly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com >>> now the answer to today's aflac trivia question. what running, jumping, and climbing activity originated from a french special forces training course? the answer, parkour. >>> welcome back to "squawk box," everybody. we're watching shares of nikola this morning following a big turn around yesterday morning. stock up 15% from the interday low after a jpmorgan analyst suspended the company and reiterated his overweight rating nikola has been under huge pressure after a short sell over ford the shares this morning, they're down 1.5% premarkets trading a little under $33 a share. >>> how a

now tell me, what does aflac do?y directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and contingency plans. creating funds that help target gaps in client portfolios. tap untapped potential. and strengthen confidence in you. flexshares. powered by over a century of investment expertise before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >>> now the answer to today's aflac trivia question. which biotech company was founded in 1980 as applied molecular ge

welcome to the aflac program. aflac! now tell me, what does aflac do?flac pays you money directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com ♪ ♪ "hmm's and ahh's" heard in-call. ♪ >>> it was the move that shook an entire state when david tepper left new jersey for florida, it affected the entire budget now he's back and more about what it could mean >> good morning. when david tepper moved to florida, they called it a new forecast risk because the amount of taxes that one taxpayer paid. now he's back just in time for new jersey's latest tax hike state president saying tepper called him saying he moved back to new jersey in january and that, quote, you got an extra $120 million coming from me meaning the

aflac! now tell me, what does aflac do?y directly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com everything we have, we've earned. the unmistakable lexus is. get zero percent financing on the 2020 is 300. experience amazing at your lexus dealer. >>> welcome back adobe numbers are out. kate rooney has them for us. >> adobe's late software company seeing tail winds during the pandemic, record revenue let's get you that top line up in that was a beat, $3.23 billion that was a 14% jump year over year adjusted eps, a beat by 16 cents. q-4 guidance in line with expectations adobe citing subscription revenue and record operating cash flow for that beat. the stock popping a bit here aft

the answer when cnbc's "squawk box" continues aflac! now tell me, what does aflac do?ctly to help with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com >>> the answer to the trivia question is best buy the company changed its name in 1983 >>> all right. i didn't know that tesla, the stock, dropped 10% yesterday. it has lost about 1/4 of its market cap since the high that was set three weeks ago. 1/4 sounds like it could be a buying opportunity or did it move so much that it's totally overbehind jon foirde is here. we ought to talk about it. how does that sound? >> let's do it, joe. elon musk is a genius. tesla is massively overbehind. it has a $350 billion market revenue. elon says it will grow 30 to 40%. at that rate it will take a long

now tell me, what does aflac do?lp with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com but we are hoping things will pick up by q3. yeah...uh... boss: doug? sorry about that. umm...what...its...um... boss: 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. everyone wakes up every morning to a world that must keep turning. moving. going. the world can't stop, so neither can we. because the things we make, help make the world go round. we are builders, constan

. >> announcer: time now for today's aflac trivia question.rsity, it's the most plapied to in nation which is it. the answer when "squawk box" continues. with unexpected medical bills. and is aflac health insurance? no, but it can help with expenses health insurance doesn't cover! that's right. are there any questions? -coach! -yes? can i get one of those cool blue blazers? you know i can't play favorites. alright let's talk coverage. it's go time! get help with expenses health insurance doesn't cover. mmm hmm! get to know us at aflac.com >>> now the answer to today's aflac industry a question. according to its website, this university is the most applied to in nation which is it? the answer, ucla >>> pretty nice out there. that's for sure. except the traffic regeneron announcing its experimental two antibody cocktail reduce viral levels and improves symptoms in nonhospitalized patients with holiday to moderate covid-19 cnbc meg terrell joins us now with more. fill us in, meg. please >> reporter: good morning, joe these are the first results w

during the hard lockdown thousands of children like these had no learning at all because aflac of accessome up with creative solutions. online learning is all very well if there's good internet in your nairobi. but if you live in a poor township and don't have electricity, it's impossible. so for many students in south africa, going back to school was the only solution. access to resources may differ from cool to school but protocols are the same. temperature checks. masks. hand sanitizing and social distancing. this secondary school in an impoverished rural area took it one step further. every child in this classroom knows education is their only ticket to a better future and they were not going to state pandemic stand in the way of that. while the children were playing during south africa's hard lockdown, these final year students moved in with their teachers who supervise their studies in small groups. >> there are four people in each room. and we get lunch there after school. >> reporter: this is the school's top performing student. jill lepore. >> it determines where you'll end up i

get to know us at (aflac!)com. >>> breaking news on the housing market diana oleck joins us the latest report on mortgage applications and big news for renters. >> reporter: that's right. mortgage rates fell back a bit last week and so did marriage demand applications to purchase a home dropped but 28% higher than the same week one year ago we see annual increases and drops in single digits this is the average on the 30 year fixed fell to 3.08% with 20% down even that low rate didn't do much for refis which fell 3% for the week from homeowners to renters, big news late yesterday as the white house and the cdc announced a major eviction moratorium. this as state programs were expiring now to qualify tenants must make less than $98,000 a year or couples up to $198,000 this includes those who got those economic stimulus checks under the coronavirus relief act. renters have to say they tried to pay their rent and tried to take advantage of federal housing aid but don't have to prove that they also must claim they a