page is dedicated to tilray and aphria the results earlier an amazing boost for tilray and aphria.g. one specifically saying the aphria is not a pump-and-dump. investors are talking a lot about actually converting their gains from gamestop and amc into shares of cannabis companies overall, they have seen a huge surge in cannabis stocks in 2021 so far on u.s. wheelization and state legalization in major metro areas. looking on the site, another person commenting. weed stunks to the moon. a slang term on reddit and twitter. other companies seeing a boost sun dial growers up double digits medmen up double digit himself a lot of roll tilt with reddit investors interested in stocks some mentioned they are fans of using cannabis, which is why they decided to put their money in not only the stocks but also calls. others are upsetting the fundamental also and possibly shofrth cannabis stocks. lot of talks on the forms. we will keep an eye on them all day. morgan, ba back over to you. >> i do appreciate all the space metaphors. i was a space correspondent, for what it's worth. frank collins

fueled rally earlier this month and we'll discuss the outlook with two major players the ceos of aphria and tilray plus george kurtz striking a blow during the solar wind hearing on capitol hill. he'll join us to discuss the security lapse and who is to blame. president biden is expected to sign an executive order surrounding chip supply chains we'll speak to analysts who say there may not be much the government can do to address the shortage in the short term at least. joining us to talk about the wild moves in ev stocks this week is tim higgins from "the wall street journal. mike santoli, let's start with you and the broader markets. very strong rally basically since 10:15 a.m. yesterday >> pretty good follow through today to yesterday's upside reversal we kind of popped back into this long term up turn. you can't really see very well yesterday's intraday drop and recovery as well on here but it looks very much like what happened in late january back then s&p had the air pocket and backed down to previous round number levels in that case 3 3700 similar here went back down about 3800.

things pick up this week we were actually highlighting a lot of the cannabis stocks, tilray, canopy, aphrian, those things similarly seeing these big upticks in volume. and then interestingly because some of these are much bigger companies, you know, mastercard, visa, paypal, these are not $300 million companies that are suddenly getting attention of some of these traders. these are $300 billion companies, and even these are getting moved around that, to me, is quite extraordinary. and, by the way, there's more than 1,700 securities that have options on them traded in the united states. so when you say ten stocks or 9% of the volume, just keep that in your mind. it's not like this is 10% of the market or even 1% of the market. it's a much smaller number so, that, i think, is very interesting. the other thing is our systems were just picking up on how these types of options flows are actually impacting the behavior of these stocks, the ones that we're seeing the most bullish sentiment. and a lot of this is retail flows. we're talking about five lots, one lot, two lots, people risking a coupl

look at shares of aphria, surging double digits again. 25% higher, this after the sharp selloff lasthe pot stocks got caught up in the retail trading frenzy. they are all higher. aurora up double digits. and till ray, set to merge with aphria up as well. >>> goldman sachs today launched an investing tool for their consumer-faced product marcus. marcus has lending products, savings products and now will also have marcus invest. the time and biggest piece of their puzzle will be checking accounts which they are aiming to deliver by year end at which time it will be a full service bank which could capture all of a client's banking activity furthermore, it's not a single stock trading platform it is a low-cost managed etf portfolio that will be actively managed based on goldman's investment group's recommendations. in one case it is kind the anti-thesis of robinhood it is true to say of course that a bank like goldman will have more much ability to execute trades than someone like robinhood who rely on others for execution. but it would cannibalize existing revenues for someone like gold

dmaug my past i actually was asking, david, about till ray, your competitor, surging 40% right now, aphria to merge. till ray got a deal today with grow pharma to import and distribute medical marijuana this the uk opening up potentially a big market with the nhs. how do you compete with that as first of all the merger, these companies are getting together for scale ask. second of all, getting a pretty big footprint in terms of medical marijuana globally. >> sara, i think you are going to see a fair a. m&a across the cannabis space across the next several years as companies try to really define their strategy. for us, we are laser focused on canada, the u.s., and germany because we think that being able to play strongly in those markets will enable us to create a lot of value for our shareholders, innovate our products, and you know, potentially then carry our products elsewhere in the world. so, you know, i think you are starting to see the beginning of companies defining their strategy a little bit more maybe a year ago it was almost good enough to say you were going to be in the cannabi

some of other peers, aphria and tilray have been public for years.t clever leafs is relatively new i think that the price action in clever leafs reflects that our business is undervalued. no other company traded on the new york stock exchange or the nasdaq has an operating cost structure which is 90% lower than the other peers i mentioned. this is really more a market recognition of the value of the clever leaf's business model as opposed to some sort of blitz on the screen >> well, certainly federal action would definitely ratify the move we have seen in some of the shares kyle, leader daschle, always good to chat with you. please come back. >> will do. >> i mean, fascinating when you think about institutional money on the sidelines it reminds me of the cryptocurrency conversation we are having, too. time for our "etf spotlight. taking a look at prime mobile payments etf up over 30% this year as the pandemic has shifted consumers and the purchases timeline up fractionally right now. getting a boost from the top holding paypal ceo dan shulman saying

names like tilray, aphria and sundial all down big meantime we continue to await bumble's first trade and ceo whitney wolfe herd joins us in just a few minutes. some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) >>> as reddit moves on to pot stocks, users who feel burned by the gamestop trade and company restrictions are showing up in its menlo park headquarters. kate rooney has the story and she's there at those headquarters kate >> reporter: hi there, julia a handful of robinhood customers have been showing up here at robinhood's headquarters in menlo park venting frustration they can't get in touch with anybody about some of their account issues we saw one gentleman this week kicking and banging on the front door of robinhood claiming he was unable to access his account, and this wasn't the only time menlo park police have been called to robinhood lately. police records object taped by cnbc show a total of ten incidents at robinhood from january 28th to fe

stocks like sun dial that are easier to move ft they're also trading on m and a news tilray, and aphriaay be following investing advice, now talking about smoking marijuana for years and transitioning that love into buying the stock. >> an interesting trade. one of the hottest themes in 2021, pot stocks thank you very much, frank holland. still on deck for the show, why microsoft buying pinterest, they already own linked in. stay tuned >>> today's big number, 121.36 terawat hours, that's how much money bit cone mining for years. if bitcoin was a country, it would be in the top 30 nations t world, ahead of argentina, the netherlands and the uae. [typing sounds] i had this hundred thousand dollar student debt. two hundred and twenty-five thousand dollars in debt. ah, sofi literally changed my life. it was the easiest application process. sofi made it so there's no tradeoff between my dreams and paying student loans. student loans don't have to take over for the rest of your life. thank you for allowing me to get my money right. ♪♪ something great from mr. clean. stop struggling to clean t

important to remember, tilray is in that deal, that reverse merger, and they're issuing the shares, but aphriae combined company, and the spread is enormous i got to go back and look at what the ratio is. but the spread is gigantic >> simon, making a comeback. >> irwin simon, that's right >> a well-run company. >> that's right. $6.6 billion company it will be a survivor. >> but they were caught up in this now and of course yesterday the stocks were up sharply and now they are down sharply. where are they going next is the question >> i try to, you know, i thought it was going to be lidar. >> what are they going to bust next in terms of - >> yeah. >> look at me, i thought they would be all over bed bath and beyond 67% of bed bath. >> they were for a while there >> that was a short position. >> right. >> i think everybody wakes up and try to figure out what will they go after today, and there's not enough targets they went after silver call and there wasn't a short position in silver, so it failed it just didn't work. >> from the, on the reddit lens, jim, i see what you're saying, there is a, yo

aphria and aurora up double digits joining us to discuss the reddit frenzy and the rise, bradley tuskso much for joining us. i guess it is fair to say that the game stop amc type trend ended for some people not all of course is the same going to happen here in terms of the latest moves in these cannabis names >> yeah. to a certain extent simply because there are always two different entities on the trade. there has to be a party on each side and if someone is selling at the height of the market that means someone else is buying so definitionally, yes. with that said, you know, there are some reasons to be optimistic about the cannabis sector right now states across the u.s. are facing massive budget deficits because of covid and the impact on the economy they're looking for revenue where they can get it. places like new york, connecticut, new mexico, rhode island, all legalized recreational marijuana this year another seven or eight states are coming online. a few more will do medical there is really opportunity for growth but whether that justifies the increases you are talking about

sundial down by another 4% tilray down by 4.2%, and aphria down by 1.7% this is a situation that thingsd come back up. at 8:00 a.m., we're going to talk to the ceo of aurora cannabis, that stock ripped out over the last week too we'll get his take, what he thinks is happening, and what it means for his business andrew. >>> disney shares are higher take a look at what's going on in the premarket, earnings of $0.32 a share, beating estimates that disney plus streaming service added 21 million new paid subscribers, bringing its total to 95 million when you add in espn plus, and hulu disney has more than 146 million total paid streaming subscribers, and revenue at disney's parks fell 53%, as you might imagine, i should say either closed or operating at reduced capacity disney's cruise ships, guided tours, remain suspended. ceo, bob chapek told analysts, it will be determined by the rate of vaccination of the public joe. >>> thanks, andrew let's keep our fingers crossed this sounded great yesterday president biden said his administration had secured another 200 million doses of covid-19 vacc