, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. so many people are overweight now, and asking themselves, (crowd cheering) - bito, bito, bito, bito! "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. liz: lawsuits are flying as rapper travis scott says he will refund all astroworld attendees following friday's deadly stampede that left eight people dead and more than 300 injured at houston's nrg stadium. shares of the organizer of this astroworld festival live nation tumbling 5% following the fatal event. the images from the tragic event just heartbreaking, as concertgo ers begged camer

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. >>> let's check the market movers harley davidson with a pop after the u.s. and the european union ened a dispute of steel and aluminum tariffs they were facing a 56% tariff in europe. >>> shares of spotify higher today on a pair of positive calls. the top pick and market perform. bernstein seeing more growth in global music streaming and the stock up 3%. jim cramer talked about spotify today. to learn more head to cnbc.com/investingclub or the qr code on the screen >>> time for a cnbc news update with sue herrera welcome back. >> thank you here's what's happening at this hour slow going on the first day of the homicide trial of kyle rittenhouse, charged with shooting three people and killing two of them during anti-racism protests in wisconsin last year. many potential jurors say they made up their mind about the case at least 19 had been dismissed for a variety of reasons. >>> am don is getting ready to launch the first communicatio

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. moving is a handful. (crowd cheering) - bito, no kidding! bito! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. liz: airbnb unveiling more than 50 new features for travelers today just one day after the u.s. lifted its international travel ban. the upgrades to the home sharing app include verified wi-fi speed s, accessibility search, review translations for 60 languages and rental searches for up to a year. after a 13% run-up since just the start of this month, airbnb shares pulling back just a bit by 3%. marriott international is one of the nation's top travel brands, with more than 7,000 p

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!o, the first u.s. bitcoin-linked etf. >> lucid shares company shares are still on track eclipsed ford and gm and the company to do so this month. not to be confused with lucent which was one of the casualties of the by gone era >> a question for you is this 1996 or 1999 i think it is one of those >> i think it is 2021. correct me if i'm wrong. >> i know. just you will of the money and valuations when you see that and we are sort of on the precipice. how many did we talk about today and that total for all the players. >> i just don't know >> yeah. there's money. a lot of money sloshing around we know that there's that one i might buy fury before he killed someone. i might by that script page. i wrote that whole quote out once and tried to memorize it. the biblical quote that jewels would say before someone's time was up they are going to say i don't own it >> we have to run. we are awaiting quarterly results. the numbers coming up. flus hey businesses! you all deserve something epic! so

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(crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. ♪ (vo) reflect on the past, celebrate the future. (crowd cheering) - bito, bito, bito, bito! season's greetings from audi. ♪ ♪ remember when no dream was too big? ♪ ♪ and you could fearlessly face the unknown. (kids playing) you still can. ♪ ♪ (blowing dust) when you have a rock you can depend on for life, you'll be unstoppable. that's why over 5,500 companies rely on prudential's retirement and workplace benefits. who's your rock? dad, we got this. we got this. we got this. we got this. life is for living. we got this. let's partner for all of it. edward jones ♪. lauren: democrats are pitching their child care plan as a way to combat the supply chain crisis but there are new warnings this plan would pass higher costs down to middle-class families. hillary vaughn is live on capitol hill with the latest details. hillary, can you explain this one? reporter: i can try, lauren. the president says that build back better, his bill, will mak

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!cer] bito, the first u.s. bitcoin-linked etf. so, you want evs, you have come to the right place. is that tom brady? yeah. he comes in to recharge, get software updates. you know. let's go! ♪ >>> good wednesday morning welcome to another hour of "squawk on the street. markets are definitely taking a breather dow down quick 150, as we keep an eye on some of the rising covid cases in the world >> we're 30 minutes into the trading session. here are some of the big movers we're watching we're going to start with baidu. the it chinese ecommerce company benefitting from stronger sales and shares are down 4% roku down and the firm also cutting its price target from 330 to $220 a share, siteding signs of slowing revenue growth. roku is now down 20 some percent on the year and we'll end with a mover on the up side same store sales increasing 14% year over year for the retailer, the stock is now up double digits, just over the past month >> meantime, sticking with retail, target shares are slidi

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. >>> welcome back i'm rahel solomon. here's your cnbc news update at this hour. one of the men accused of murdersing ahmaud arbery is on the stand. travis mcmichael garnered the shotgun that killed arbery he started his testimony with questions about his training with guns and also talked about his concern about crime in the neighborhood despite the increased presence of police. >> it was concerning that nothing was done, that -- you know, they had to continue to be in the neighborhood. i was glad to see them in the neighborhood but concerning that you have to have that constant presence. >>> two hours after beginning their second day of deliberations the jury in the trial of kill rittenhouse asked to again see video evidence shown in court the defense doesn't want them to see drone video showing rittenhouse pointing his gun at protesters before the shootings. the prosecution says the jury should be able to watch any video as many

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(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. what's strong with me? what's strong with me? (crowd cheering) - bito, bito, bito, bito! what's strong with me? what's strong with me? with me! with me! what's strong with me? with me! with me. >>> welcome back after a month-long strike, deare and the uaw reached a deal sending 10,000 workers back to their jobs seema mody has been following the story and joins us now with the latest. >> kelly, it was a struggle. john deeree had to go back three times to the negotiating table last night, 61% voting in favor of the performance based targets and an improved pension plan, which is what this worker says he's most supportive of. >> the pension program is -- again, it might be the best literature on the contract and for us, i think that it was enough to get us to vote >> jeff, along with 10,000 union workers that were on strike across illinois, iowa, and kansas for the last five weeks will go to work today or tomorrow and get that 10% wage h

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. what's strong with me? what's strong with me? (crowd cheering) - bito, bito, bito, bito! what's strong with me? what's strong with me? what's strong with me? me? with me! >>> welcome back cnbc's rising risks series has been looking at how climate change will have an impact on both residential and commercial real estate. but today it takes a look at those effects on something a bit different, diana olick is in scotland with the story. ♪ >> reporter: for 1,000 years, edinburgh castle has stood watch over dozens of wars and social revolutions. it is a testament to time itself but time may be running out. >> when we have really extreme rainfall events that we haven't seen in our time, our lifetime or recorded history, then we're not actually even sure what might happen to some of these buildings. >> reporter: just this past july a freak storm dumped more than a month's worth of rein in scotland in barely a day, doing serious damage to edi

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! [announcer] bito, the first u.s. bitcoin-linked etf. growing up in a little red house, (on the edge of a forest - bito, in norway,, bito! there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort. ♪. neil: you know i think we get more data on housing than we do virtually any other sector of the economy for good reason. it is such a good part of the economy. for example the latest mortgage applications up about 2% in the latest week year-over-year. down about 6%, housing starts, tumbled a little bit down .7 of a permit to sign of future construction going the other way. that doesn't look to last long. in other words this housing slow down if you want to call it that. the building activity remains robust. one number we're not adding the homebuilders see this going right

, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. [energetic music throughout] what's strong with me? i know when i'm ready for a rest day. (crowd cheering) - bito, bito, bito, bito! ...so i can be ready for anything... tomorrow. find out what's strong with you with fitbit sense and daily readiness. ♪ >>> welcome back to "the exchange". >>> let's talk peloton it has been a wild ride for the stock, which is down about 6% today after climbing 15% yesterday on a billion dollar stock offering p-ton up 8% in the past week even with the gain shares are down 41% over the past two weeks and almost 70% off the 52-week high my next guest says the stock has been punished enough with us is jonathan comp, an analyst at rw baird. he has an out perform rating and $90 on the stock jonathan, welcome. why now? >> yeah, great question. thanks for having me, kelly. i think to call the downdraft here in the stock stunning would be an understatement the stock has been cut in half over the last two mon

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!r] bito, the first u.s. bitcoin-linked etf. what's strong with me? what's strong with me? (crowd cheering) - bito, bito, bito, bito! what's strong with me? what's strong with me? with me! with me! what's strong with me? with me! with me. ♪ music ♪ ♪ dream, dream when you're feeling blue ♪ ♪ dream, dream that's the thing to do ♪ ♪ music ♪ when you see value in all directions, you add value in all directions. accenture. let there be change. ♪ >>> this second week of the cop26 climate summit is underway and it is the corporations talking about how they have to adapt their workforce and supply chains in the face of global warming. dana olick is in glasgow with a look how pepsi and unilever are privating. diana. >> reporter: it is one thing to talk about reducing emissions to slow global warming, but global warm sing here and corporations need to adapt and make themselves resilient from the built environment to the products they sell i spoke with the ceo of unilever which makes over 400 pro

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! the first u.s. bitcoin-linked etf. charles: folks the infrastructure bill was in the books and all eyes on friday when the cbo is supposed to release scoring on the social spending behemoth. if it checks out house moderates may back it but senator manchin is leery of the gimmicks that it is real honest scrutiny and a real honest assessment that takes into the account programs that will ultimately be made permanent. with me first trust advisors brian wesbury. the committee for responsible budget says this social spending bill is not 1.7 trillion, but closer to $5 trillion. what they do is factor things in like the child tax credit being permanent. if it is permanent, 1.13 trillion over 10 years, not 130 billion over 10 years. the real cost if this were to two through, does that five trillion sound right to you? >> charles, it is probably higher than that. you know if you go back to the 1965, remember back then we were sort of doing honest budgeting, but that when we started medicare, t

(crowd cheering) - bito, bito, bito, bito! just ask the employee owners of recology. we built the recycling system from the ground up, helping san francisco become the first city in the country to have a universal recycling and composting program for residents and businesses. but it all starts with you. let's keep making a differene together. >>> 90 minutes left in the trading day. we want to get you caught up on the markets. stocks, bonds, commodities, and the fed as a crucial two day meeting kicks off tomorrow let's start with the markets a bullish october, stocks are entering what's usually the best three-month period of the year bob boughner has more. >> it is one reason that traders are optimistic going into the end of the year. it is not just november and december we are actually entering the most profitable three-month period on the entire calendar, november, december, and january are the pros profitable trading three months of the year, up 4.3% this goes all the way back to world war ii my thanks to the stock trader's almanac for this information one other rea

(crowd cheering) - bito, bito, bito, bito!he first u.s. bitcoin-linked etf. hey businesses! you all deserve something epic! (crowd cheering) - bito, bito, bito, bito! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromatherapy rugs! i'll take one in blue please! it's not complicated. at&t is giving new and existing customers our best deals on every iphone, including up to $800 off the epic iphone 13 and iphone 13 pro. them, in fact 21 of them you have 17 vessels in the -- awaiting for the port of los angeles, five waiting for the port of long beach what happens is these vessels are giving the port 96 hours in advance saying, hey, i'm here, and then they have to anchor so this is adding to the congestion we are seeing at the ports. >> and these are generally smaller vessels that aren't -- you know, so

, bito, bito, bito! [announcer] bito, the first u.s. bitcoin-linked etf. hey businesses! you all deserve something epic! (crowd cheering) - bito, bito, bito, bito! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromatherapy rugs! i'll take one in blue please! it's not complicated. at&t is giving new and existing customers our best deals on every iphone, including up to $800 off the epic iphone 13 and iphone 13 pro. >>> welcome back, everybody. let's get to the biggest ipo of the year, rivian opening for trade on the nasdaq at the top of the hour, raising nearly $12 billion for the largest haul for an ipo in the u.s. since 2014. it is one of the largest since 1995 in fact it is valued right now around $96 billion. let's bring in mike santoli for thoughts here. mike, i suggested

visit indeed.com/hire (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. kenan! (crowd cheering) - bito, bhey kenan! bito! looking good. feeling good. i just found all these cars on autotrader. wow! now wait for the best part there microwave. a dealer is gonna deliver this car to our home. never leave home, never leave home! >>> welcome back here is your cnbc news update at this hour. president biden is planning an in-person summit with the mexican president and the canadian prime minister. reuters citing sources in ottawa and mexico city say it's likely to happen next week. the first north american summit since before trump took office >>> 30 minutes augugo in wiscon, they finished calling witnesses in the murder trial of kyle rittenhouse. defense lawyers have said that rittenhouse will testify in his own defense. >>> and a nashville church on sunday, a video camera captured a man who stepped to the front of the service and waved a gun the church's pastor tackled him from behind, holding the man down unti

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!ed etf. ♪ oh, he's leaving on that midnight train to georgia ♪♪ neil: tens of millions of dollars it stands to get from that infrastructure-only package passed in the house and soon to be signed by the president of the united states, it has, shall we say, options. amtrak's ceo william flynn kind enough to join us out of washington. mr. flynn, thank you for coming. >> good afternoon, neil. great to be with you. like the song, like the train. neil: i cotoo. this money you're getting, depending on figure, it could be in the tens of billions of dollars, i don't know how much is exclusively allocated to amtrak, the idea is you can fix up, retear, expand -- repair, expand existing rail lines. so what will your priorities be? >> neil, it's all of that. 24 billion are coming directly to amtrak, 32 or so is going to go to the fra, and then there's another -- neil: what is the fra? >> federal rail administration. neil: okay. >> and then there's another $8 billion that the federal railway adminis

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!uncer] bito, the first u.s. bitcoin-linked etf. so, you want evs, you have come to the right place. is that tom brady? yeah. he comes in to recharge, get software updates. you know. let's go! as a dj, i know all about customization. that's why i love liberty mutual. they customize my car insurance, so i only pay for what i need. how about a throwback? you got it. ♪ liberty, liberty - liberty, liberty ♪ uh, i'll settle for something i can dance to. ♪ liberty, liberty, liberty, liberty ♪ ♪ ♪ only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ >>> back i'm rahel solomon the white house says efforts to vaccinate children, ages 5 to 11 are hitting full strength this week estimates by today, 900,000 will receive their first covid shot and an additional 500,000 have apointments through pharmacies >>> president biden will host canadian prime minister justin trudeau and mexican president manuel lopez a week from tomorrow the white house says they will reaffirm their strong ties,

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!nouncer] bito, the first u.s. bitcoin-linked etf. stuart: industrial production in october, one.6%. i hate expectations but that was double the expectation. inflation and supply chain problems gripping the country but democrats turning the focus on climate change. how does talking about clean energy fix the supply chain crisis? >> lawmakers trying to focus on how to get more clean and green energy product in the us now there is more demand in part fueled by cash being set aside for clean energy products in the infrastructure package he signed into law yesterday, $65 billion for related investments, $7.5 billion for the national network on charging stations for electric vehicles and a variety of witnesses including the union for steelworkers who will tell in his prepared statement there's a lot of skepticism about what this will mean for their jobs and communities and skepticism is well-founded because so many policies after manufacturing facilities hollowed out, they will warn that the

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! [announcer] bito, the first u.s. bitcoin-linked etf. when you hear the word healthy, it always feels a little out of reach. that's 'cause the way we're thinking about it is all wrong. so we made a healthier song. for some folks it's like baby steps. maybe it's a jump or eating something green. or taking mom to get that vaccine. ♪ healthier means bringing stuff to the folks ♪ ♪ that really need it. ♪ ♪ like millie's meds straight to her door or care at home. ♪ ♪ believe it. ♪ ♪ sometimes it's healthier to laugh. ♪ ♪ other times it's healthier to cry. ♪ ♪ we'll work through it together. ♪ ♪ when it works for you, drop on by. ♪ ♪ 'cause healthier happens easy ♪ ♪ when you just give people access. ♪ ♪ for bob it meant admitting ♪ ♪ that he needed reading glasses. ♪ ♪ healthier comes in all these ♪ ♪ different shapes and sizes. ♪ ♪ and ages and races and faces and eye-ses. ♪ ♪ and caring for them all means ♪ ♪ we're doing healthier right. ♪ ♪ so, let's do it all together people, ♪ ♪ 'cause

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. so, you want evs, you have come to the right place. is that tom brady? yeah. he comes in to recharge, get software updates. you know. let's go! >>> tonight the administrator on commercial space exploration and sending humans back to the moon. digging into thanksgiving din are inflation. >>> you can get in on the new cnbc investing club with jim cramer find out more at cnbc.com investing club or use the handy qr code on the screen and it will take you there. the dow down 50, nasdaq up 0.8 we're back in a moment. let's go! it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks

visit indeed.com/hire (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!st u.s. bitcoin-linked etf. moving is a handful. (crowd cheering) - bito, no kidding! bito! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. ♪. neil: all right the market running into some profit-taking today. but that was the same thing on friday, right? we dipped and pulled back. charles: listen there is so much cash on the sidelines. i think that is one of the reasons. i want to bring in strategas partner chris varrone. russell 2000, starting to a see a surge in the new high list. why is that significant? >> charles that is exactly right. the russell 2000 has been stuck in a range the better part of the year. peaked in march. chopped around

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!, the first u.s. bitcoin-linked etf. ♪♪. neil: welcome back we are following tense development in china. what really got us wondering when we discovered china built up to scale models of top navy ships weatherford target practice or run salt in the gaping open nonstop leading foreign-policy wound but it does concern a lot of folks who are saying why would they do this between this and raids over taiwan airspace without dropping any weapons. but scaring the be jesus out of a lot of folks. now it's got some folks worried that it's escalating something. >> absolutely we've been getting a lot of reaction to the satellite photos you and your viewers yesterday, apparently of a replica of the u.s. navy ships used for target practice by the chinese. number one with the markup of u.s. aircraft carrier a former top navy official told us this should be a wake-up call for those tracking the chinese military rated version of one of our guided missile destroyers, john kirby is a spokesperson and sai

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!in-linked etf. liz: let's talk about turkey day, there likely to hit record highs due to supply chain issues. hi transportation, labor headaches and inflation balloon into level hotter than the characters at macy's thanksgiving day parade. a according to the talk per problem year-over-year, the rise in prices may enrage consumers but the investor had been bellying up to the table on grocery chains like kroger and albertsons year to date it's been 32% what albertsons has soared knowing the 1%, even the smaller groceries seem to be benefiting but it's a different story when it comes to scale. graffiti out it could be a double-edged sword. >> today we have those numbers, inflation six-point to percent on average from last year to this year. that's the greatest increase that we've seen in 30 years. prices are really rising. bacon, that is an area where you will see the price bump up. today you can pay up to $14 for bacon. that is because protein is one of the categories driving these price

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!- [announcer] bito, the first u.s. bitcoin-linked etf. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire what's strong with me? what's strong with me? matching your job description. what's strong with me? what's strong with me? what's strong with me? me? with me! >>> good monday morning. i'm carl quintanilla with morgan brennan and david faber live at post nine of the new york stock exchange a record high on the dow, two big stories, infrastructure bill, of course, and international travel reopening is going to lead you to a bunch of leaders earnings are going to simmer down and a lot of fed speak this week. >> we're 30 minutes into the trading session. here are three things we are watching we're going to start with regeneron after the drugmaker says a single-dose of its antibody cocktail cut 82%. regeneron asked

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, bito!announcer] bito, the first u.s. bitcoin-linked etf. is below breaking news we want to take it to motor city where president joe biden took a tour of a general motors plant in detroit that makes electric vehicles that sells the benefits as a recently signed 1.2 trillion dollars bipartisan infrastructure package. the president on the production line getting a demonstration of an electrical test, he is with gm ceo mary barat and other company executives with union leaders the president expected to speak in the next hour. mr. biden is expected to drive and take a spin around, one of the first production 2022 gmc's all electric, pickup to rolloff the factory 0 will line we will keep tabs on the gm factory. gm stock is at an all-time high. stay tuned for that and wedbush analyst dan eisen is coming up on gm and tesla and more. fox business alert, a company says they can surgically raise prices. that appears to be a good thing, it is reflecting that on track for the biggest% increase in more

, bito, bito, bito!irst u.s. bitcoin-linked etf. >>> welcome back, everybody. it's time for another edition of earnings change where we give you the action, the story and the trade on three key earnings reports. today's lineup is nxp semi, clorox and avis. the chip maker reporting q3 results tonight. analysts expect earnings of $2.27 a share. the company reported 43% sales growth last quarter as remote work boosted the chip sector but management has the supply issues as a headwind that will last until 2022 let's bring in josh lipton for the story and delano is a cnbc contributor and he'll give us the trade. josh, the story first. we've talked about this. is there overshipment already in some parts of semis, like auto, they might be exposed to >> so it's up about 30% so far this year. it's about 10% off its august high i checked in with bernstein's stacy rasgone. he wants to know just how executives are thinking through the sustainability of demand in their order patterns and any color and commentary we m

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!linked etf. >>> welcome back time for trading nation. i'm seema mody disney down 7% on track for the worst session since june of la year after reporting a slow down in the subscriber growth we've got two technical traders on where the stock goes next let's bring in craig johnson and katie stockton katie, you would describe the move as a shakeout can you explain what that means? >> a shakeout is essentially a false break down and this is an exciting move for me to see from disney because it's been such a laggard since march and in march it flashed a sell signal based on the demark indicators and today's action is generating a buy signal based on a similar model. so into this gap down we have an emotionally charged selling. could be a selling climax of sorts, especially with the volume running heavy and if we see a strong close today we would have affirmation of that indicator buy signal so i think this may be an opportunity to add exposure to disney into weakness there's support on the

, bito, bito, bito!uncer] bito, the first u.s. bitcoin-linked etf. >>> welcome back i'm that held solomon. here's your cnbc news update at this hour. the justice department today highlighting some progress in the u.s. fight against ransomware $6 million has been seized from an alleged attacker in russia. and the u.s. is hoping to extradite another man, a ukrainian, who has been arrested in poland. >> this arrest dhon straights how quickly we will act alongside our international partners to identify, locate, and apprehend alleged cyber criminals no matter where they are located. >>> syria's state tv says air defenses are intercepting hostile missiles coming from israel last week syria sent an israeli air raid. >>> migrants are trying to enter poland from belarus >>> and at new york's jfk airport, emotional reunions as the u.s. reopens its borders to vaccinated international travelers from britain and more than 30 other countries. pandemic restrictions have been in place for the past 20 months. tyler, it's

stay with us (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!announcer] bito, the first u.s. bitcoin-linked etf. in business, setbacks change everything. (crowd so get comcast - bit business interneto! and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a limited time, ask how to get a $500 prepaid card when you upgrade. call today. >>> welcome back 90 minutes left in the trading day. we want to get you caught up in the mark the stock, bond, and commodity markets all reacting to this morning's inflation numbers. we are going to get on read inflation and the supply chain with the ceo of callaway golf. let's begin with bob pisani on the markets, rivian's latest trade and the stocks most and least exposed to inflation >> rivian tells me the electric vehicle rev

. >> president:commissioner bito please . >> can you hear me? thank you for thepresentation . as a new commissioner i have had questions over the past year about the itemsthat you brought up . which is a pretty thick government manual that was written by at the time jay herrera. and i just want to be clear. i think one of the things that you presented at the onset of your presentation is that as the commission and commissioners were cognizant of this and i had to ask a lot of questions being a new commissioner and as somebody who's engaged with clients and communities and people that are in my business so is there going to be some clarity between your presentation and all these investigations that's good governance ... sort of just like a cheat sheet where we could look at this and reference it instead of ... i've had to reference that once in a while and i've met with city attorneys if i had questions about something coming up. is there a reference that we could easily look at that's two or threepages instead of two or three inches thick ? >> absolutely. two thoughts on that.

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!r] bito, the first u.s. bitcoin-linked etf. ♪. neil: well, people would love to shut up and drive if they could find a vehicle to drive. an interesting stat out of jd powers echoing what we heard before, cars don't really stay long on dealer parking lots. more than half are sold within 10 days. that's the problem here. very, very strong demand for automobiles. the fact of the matter, not enough automobiles, chip shortage and all the other issues you heard a great deal about, supply chain disruptions. enter jeff guyton, mazda north america ceo with what is going on in mazda land. jeff, good to have you. in one way a good problem for the industries to have, but a big problem if you can't deliver cars cars folks want to, right? >> yes, absolutely great to hersh. yes you mentioned turnover on dealer lots. we've seen a dramatic increase in inventory velocity and have only a few days supply and i think that is something which is affecting the entire industry. in mazda's case there is not onl

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! bito, the first u.s. bitcoin-linked etf. ♪ [applause] charles: welcome back to our town hall, the new investor revolution. for years investors accepted the notion they should be thrilled with mid single-digit annual returns even though they watch stocks and companies they knew, they knew these products and the stocks went through the roof, they didn't own them, somehow their financial advisors were making millions and they are making crumbs. i can tell you right now that is changing big time. investors right now in fact according to a new survey expect 17 1/2% a year. unfortunately their advisers keep telling them, 6.7% is more like it. this is the thing. wall street would never accept single digit returns with their own trading money. check out the headline from a year ago in october. wall street set for the first 100 billion-dollar trading year in a decade! let me tell you if any wall street bank made single damage it in a quarter, talking for 3 month period their stock would be abs

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(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!st u.s. bitcoin-linked etf. liz: this veterans day we of course honor those who selflessly served our country and in many cases did so with unbelievable sacrifice. among them, army staff sergeant jerry majetish, who served for nearly 20 years but in 2005 while on a tour in iraq his humvee hit an ied and was then ambushed. insurgents that actually target ed him because locals really liked him and trusted him and would give him really important intelligence, so there was a bounty on his head. as jerry was literally set on fire, the insurgents then shot him four times. the attack left him suffering from traumatic brain injury, severe burns, over 100% of his face that's the humvee he was in he lost his ears and his nose, his left hand, eventually had to be amputated along with part of his intestine and stomach. jerry, just underwent i think it's the 82nd surgery, 82 surgeries, a group near and dear to my heart though, building homes for heros.org aimed to gift 11 homes in 11 weeks this yea

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! the first u.s. bitcoin-linked etf. ♪ liz: disney plus a real disney minus. by the time the closing bell rings in 31 minutes, the mouse house looks to have lost 9% on the week after whiffing on fourth quarter top and bottom line and revealing a major dropoff in subscriber growth for its flagship streaming service. today marks the 2-year anniversary of the launch of disney plus, and the company is celebrating what it's dubbing disney plus day with a slew of new programming and promotions in the hopes that the new offerings will help turn the tide on that subscriber slowdown. >>> let's get to gerri willis for today's fox business brief. >> reporter: hi there, liz, happy friday. warby parker seeing green as the eye wear maker tops third quarter sales and estimates and raised its full-year guidance in its first earnings report as a public company. and new shoe styles for men and women called the snow mantra boot and the journey boot in keeping with the brand's luxury pricing, the shoes wil

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!o, the first u.s. bitcoin-linked etf. every day in business brings something new. ( so get the flexibility of - the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. ♪ >>> welcome back to "the exchange." it is shaping up to be a strong holiday season with crash-flush consumers starting their shopping early we're a little more than a month away from christmas plr, so which retailers are best positioned for the critical period my next guest likes macy's, dick's, target and lululemon joining me is john kernan, senior retail analyst at cowan welcome back >> thank you for having me >>

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!ito, the first u.s. bitcoin-linked etf. thanks for coming. (crownow when it comes - bito a financial plano! this broker is your man. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. in business, setbacks change everything. so get comcast business internet and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a lim

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! first u.s. bitcoin-linked etf. ♪ >>> welcome back our investors are gearing up for huge auctions next week with nearly $2 billion worth of stalks hitting the block the cryptocurrency buyer should be ready to play a premium robert frank joins us with that story. robert >> melissa, christie's just in the last few minutes packing the 1 billion market and another 70 billion to go we're going it blow past that. last night was the biggest auction of the year. the star went for $53 million. that was way above the estimate. dealers and collectors say the combination of low interest rates, massive wealth creation from as you mentioned stocks and crypto and art as a hedge against inflation is creating record demand >> i see the market as extremely strong and i see the command for works of this quality has never been more acute i think coming off the pandemic, just a lot of new-found wealth and a lot of the structure of what we -- what we are seeing in asia and elsewhere shows a real flight to q

, bito! first u.s. bitcoin-linked etf. liz: we're just getting this fox business alert, president biden has just said he will make a final decision about federal reserve chairman jay powell, whether he continues to get the job for a second term he will make that decision in about "four days." president biden saying he, we had heard this be imminent. well, is four days imminent? probably. i guess you could call it that and the big question is, will jay powell, whose the current chair of the federal reserve, who has gotten through very thin and now looking at thick times when it comes to rates, et cetera, whether he will get that second shot or whether the president will choose somebody else. four days. has overtaken ford motor in market value. take a look at lucid stock, as it jump, the ev start-up says it now has more than 17,000 reservations for its air sedan, that's up from 13,000 in the third quarter, and it also reiterated 2022 production targets. lucid is jumping 20-plus percent right no

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. ♪ ♪ there are beautiful ideas that remain in the dark. but with our new multi-cloud experience, you have the flexibility you need to unveil them to the world. so, you want evs, you have come to the right place. is that tom brady? yeah. he comes in to recharge, get software updates. you know. let's go! >>> the entire world dealing with global energy crisis. china continues to pollute a big part of that is because of the heavy reliance on coal american companies are trying hard to help china kick its habit. you need to go to the woolsy one of my favorites in the world. an awesome place not doe and coe where we ate in vienna you've got to go because i'm so f-ing international. it is obvious. >> i'm sending you a big hug the staff is enraged there >> i love all the pubs you better tell your story london feels alive you know what else is alive? china polluting more coal imports doubling. we get it. look at the price of coal. china is s

(rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito!uncer] bito, the first u.s. bitcoin-linked etf. every day in business brings something new. ( so get the flexibility of - the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. >>> the cop26 summit wrapping up diana olick has been there neary two weeks as world leaders race to strike a climate deal the how would you sum it all up? >> well, look, we don't have the final agreements yet they're still hashing out the precise language we did get another draft this morning. it leans into the 1.25 summit goal and antonia gutierrez says the original 1.5 goal the on life support. language o

, bito, bito, bito!.s. bitcoin-linked etf. stuart: tesla a huge drop down 5.6%. here is keith fitz who has been in the past bullish on tesla. here is your chance, he may sell 10% stock, the prices all the way down are you buying any of the shares that he may be selling? >> absolutely people confuse this with all heck breaking loose. he's not leaving the company and is not stepping aside for management and is not changing the business case. every seller has a buyer including his share. i'm still on the table at $2500 a share 36 months from now. you bet i'm in on this. stuart: do you think is been irresponsible how he tweets this and hurts the market and his own shareholders? >> that is a tough call liquidity events like this happen for all the various reasons. you could sell the house, by a college education for your young ones. maybe he's going to start a whole bunch of new business which to avoid the tax bill. stuart: this is different you put out a tweet on a saturday night and inviting users saying sh