small business anchored by carl quintanilla, and he is with us. mom and pop stores are, man, decimated in the pandemic. >> shep, we are coming up on the year anniversary of when the pandemic put small business into a tailspin and it is nothing but challenges since. how to keep the employees? how do you pay the rentb how do you change the business model? how do you apply for assistance? and now, shep, we are getting closer to the period where mass vaccination is possible? where is the opportunity where do you want to expand? how do you get capital what is the government's role? so, shep, for the first time in a long time, it is a good time to talk about the challenges and the troubles of the small business but where the promise is as we get to the end of the tunnel. >> the promise. perfect. carl, while you are here, and gamestop shares today, up more than 100%, and what happened now? >> shep, the early read is that it is not exactly the reddit phenomenon that we have talked about in the last few weeks. and the cfo is the subject of a lot of criticis

i'm jon fortt with carl quintanilla and julia boorstin a big, big hour ahead. couple minutes later this hour another exclusive with the see receive of peloton we'll start with the veolatilit in the meme trade with gamestop. you know how percentages go. these aren't the actual numbers, if you drop 50% one day and you

i'm carl quintanilla, with jim cramer and david faber futures pretty steady as the market chews on more profile earnings, uber and expedia, bitcoin, cannabis, the bubble ipo, part of the conversations and jobless claims still elevated and the road map starts with pot stock volatility. tilray, aurora, canopy giving back some of yesterday's reddit trade. and uber shares under pressure the company did report a nearly $7 billion loss last year but remains on track to be profitable this year working on an indpo, bumble wil make its nasdaq debut and more than a $7 billion valuation. it will be up sharply and it sparks a major moment for female led company, female ceo, the female board, the ladies are in charge, certainly in this one. >> yes, we look forward to talking about that and joe, i don't know if you want to start with cannabis, bitcoin, all time high, couple that with bank of new york mellon and what dara said a moment ago, interesting day for the cryptocurrency. >> when you see master card putting out a press release what they're doing and you can't tell exactly where it starts or st

i'm carl quintanilla with david faber and leslie picker. morning as we watch continued signs of relief in texas. yellen's push for stimulus and we are getting existing home sales. for that diana . >> existing home sales in january rose 0.6% to a seasonally adjusted annualized rate of 6.69 million units, up 23.7% year over year and the second highest sales pace since 2006 the supply continues to be the problem. 1.04 million homes for sale. that is a 1.9-month supply down 26% year over year, and that's pushing prices higher. median price of an existing home sold $303900, up 14.1% to an all-time high for january. things are selling differently depending on price points. home priced below $100,000 down 28%. million dollars homes sales up 77%. finally, the daes on market very fast, just 21 days to sell a home down from over 40 days one year ago carl, back to you. >> unbelievable picture in the middle of winter thank you. markets trying to get takeaways from yesterday's house financial services hearing about gamestop. joining us to talk more abou

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i'm jon fortt with carl quintanilla and deirdre bosa hedge funds prepare to get grilled on the hill.x gets a $74 billion valuation, and it triller. apple's legal win in north dakota deirdre? >>> well, jon, that's right. the state senate there voting not to pass a bill that would have required app stores to allow software makers to use their own payment processing software and avoid the fee, the commission charged by google and apple. let's bring in the co-founder and chief technology officer and a proponent of the north dakota bill good morning thanks for being on with us. >> thanks for having me on again. >> i know you were prepared to set up an office in north dakota if that meant avoiding those 30% commission a number of other states are looking at similar legislation what do you think the chances are of this passing elsewhere? >> i think the chances will keep increasing people will learn more about the issue. i don't think every other state will be as intimidated as north dakota was it was truly remarkable to see one of the main reasons why north dakota senators didn't want to vo

i'm jon fortt along with carl quintanilla. of square as they double down on bitcoin and then the ceo of intuit as they head into tax season and later reid hoffman as his new spac makes its first acquisition that, of course, involving flying cars. we'll begin with square. shares down this morning after a mixed quarter and a double down from jack dorsey on bitcoin. kate rooney joins us with the chief financial officer of square in a cnbc exclusive kate >> hey, jon, good morning. with us now square's chief financial officer. thank you so much for being here, amrita great to see you >> great to see you as well. thanks for having me, kate >> of course i do want to start with bitcoin. adding $170 million. we know jack dorsey and this has been a week where bitcoin's volatility has been on display >> well, we feel bitcoin is aligned with our purpose, which is economic empowerment. economic empowerment is about bringing access to financial tools more broadly including to people who haven't had it before, and we think bitcoin is a way t

i i'm carl quintanilla, with jim cramer and dave faber, snowy east coast in times square a big week for eco data and the second busiest week of q4 earnings. the road map begins with the reddit fueled frenzy continued for gamestop, amc and now silver the latest target in the short squeeze. plus, goldman calls it the biggest short squeeze in 25 years. but says investors still have reason for optimism as economic growth remains a key driver for stock prices >> and speaking of stocks, well, they are looking to rally at the open, investors seemingly set to shake off concerns about speculative retail trading, and what was the market's worst weekly sell off, carl, since october, but we will see if the rally continues once we open a half hour from now >> great to have jim back in the chair, looking great as usual, jim. let's talk about what was wren over the weekend david costa's note is the highlight. just looking at historical short squeezes, and the short goldman basket, which in his word is the biggest squeeze that we've seen in more than 25 years. >> its data represents pretty much everybo

i'm jon fortt with carl quintanilla and deirdre bosa this hour ted sarandos of netflix, airbnb is up,h is down. we make sense of the quarters and adam jonas explains his sleeper ev pick. gamestop continues to rally. tech tries to bounce back. deirdre? >> yeah, gamestop up from the low $40 range at the start of the week they're trying to recover from what has been an ugly week for them remember, these names led a big 2020 fuel by the pandemic. take a look at this week they are deeply in the red and so far this year the qqq has struggled to stay positive that's where we'll start with managing partner, good morning to you >> good morning. thanks for having me >> so we are nearly two months into 2021. how are you reading the market action tech in particular is a sell-off a chance to buy the dip or do you think ridesing yield will continue to fall on valuations >> the macros are going to continue to weigh, but long term we remain bullish. we look at this as a buying opportunity. >> okay. and i mentioned gamestop at the top. over $120. what a remarkable week it's been what are you reading i

i'm carl quintanilla, with jim cramer and david faber coming off three straight gain force the dow and the s&p, and futures are steady amid of wave of earnings with tech, and jobless claim, lowest since november, yields on the long bond, the highest since march. our road map begins with apple's ev play, nearing a deal with hyundai, kia, for the long-awaited apple car plus pharma transition merck ceo ken frazier announcing his retirement from the role later this year. and treasury secretary yellen set to meet with regulators this morning to discuss the recent retail frenzy in the markets carl >>> jim, you just tweeted you're excited about this show. i wonder if it's about apple >> how you can not be? when we talk about companies doing things in gigantic markets, scale markets, which of course is what phil labeau's expertise is, the biggest one, car, and apple probably the biggest consumer transaction brand name in the world fand that's the case, if you're not excited about, this then you're really fixated on a brick and mortar place to be able to buy play stations. i prefer to think abo

i'm carl quintanilla with jon fortt.of the corner of our eye this morning obviously shares are in focus, back in the green slightly, 10%, after the extreme volatility in

i'm jon fortt with carl quintanilla and julia boorstin this hour consumer apps have dron tons of attentiont year whether it's investing in social media or audio. now there are shake-ups across the board. vlad the apologizer, more on the robinhood's regretful tone in the gamestop hearing, we'll look at what to make of australia's strong stance on social. and canada joining in. and we'll talk about bitcoin hitting a trillion market cap. take a tour inside clubhouse with joanna stern. we're going to start with a look at the new retail investors. robert frank has more. robert >> reporter: good morning, jon more than 10 million americans opened new investment accounts last year, the largest in recent history. a new study shines a light on who they are and how they actually trade now the study was by the finra education foundation and the university of chicago. they looked at people who had opened investment accounts for the first time in 2020 most were between 30 and 59 years old, so they're slightly older than that 20-something day trader we hear so much about they're alsomuch more racially di

carl quintanilla hosts the path forward, focussing on small businesses 8:00 tonight check out the arkkion. down over 9% this week the moves by this fund have been watched. news cathy wood bought shares of tesla stock. it's up 6% today they've developed quite a following. one fan in response to jim cramer saying our generation loves her. for more, let's bring in andrew mcfore began great to have you with us. >> hi. >> we're discussing the move in tesla owed and the fact that we learned kathy has gone in. can we trace that move back to her. does her etf have that kind of power? >> hsure the end of day move is after the fact that she told you you're in the stock. that's your reddit crowd saying we do what she says to do. i don't think yet her kinds of trades where she was buying in the morning was what kicked tesla higher, obviously their etf went higher as well. the market sold off at a 940 low. she buys as an nugs. arkk plans out the impact they're going to have on the market the etf trades at market makers. they are handling the interday of all those stocks, right when the etf goes up,

i'm jon fortt with carl quintanilla and julia boorstin tesla making more money from bitcoin than carsan stanley makes a snap decision and the akri moan our first guest is an early investor in facebook who last week writes in "the washington post" america has experienced curbing dangerous industries we can do the same with tech elevation partners co-founder is back with us roger, good to see you it has been a while. this clash between facebook and others is kind of asymmetrical in the sense democracy is mark zuckerberg runs that company very clearly and can push his perspective and then politicians, policymakers have to get their whole country in line if it means suffering short term in the news feed, right >> that is exactly correct facebook attempted to position what was going on in australia as a tax on links to news. in fact, it's an attempt to apply antitrust law in one of the few ways that a country of the scale of australia can apply it which is by essentially saying, i'm sorry, but if you're going to use your power we're going to make you reimburse those who are harmed and the

to everybody that we're livin it up ♪ ♪ living it up ♪ >>> happy monday i am jon fortitt with carl quintanillaosa the reddit trade continues we're going to talk about it with former zillo ceo and robinhood, restrictions on trading, what does all of this mean for the future of investing? the former td ameritrade ceo and we're going to talk to longtime robinhood user ja rule yes, that ja rule about the cultural impact about this moment this twist today with silver and reddit and is it wall street bets or is it not? >> it is definitely a wrinkle here, carl >> you got that right, jon it's a big cultural moment the first spencer, former ceo and board member spencer, good to see you again where to start, right? i would love to get your sense of what you think about market structure and whether or not it's actually changed the last week or so >> this is part of a long trend towards the democratizing trading to 10 to 50 and now robinhood stands on the shoulders of those giants. it's also online media information about investing. that long trend is continuing, will continue. i think in the case of robi

i'm carl quintanilla with jon fortt.ing gme out of the corner of our eye this morning obviously shares are in focus, back in the green slightly, 10%, after the extreme volatility in the trade. we are going to begin with amazon we mentioned the address of the original location in the cold open as bezos says he will step away from the ceo role to become executive chair handing the reins over to andy jassy, a name you will hear a lot more and, jon, you know well, as we talked this morning about his installation and what it means for the future of that giant >> carl, the first thing this means is it shows the importance of aws to amazon as a whole and just about every year for the past five i have asked andy jassy whether amazon is going to spin out the cloud business. he always says no. and now he's in an even stronger position of influence with that no jassy is a type of founder himself after being bezos' right-hand man and chief of staff, he's the one who pitched the creation of aws. and jassy has been running aws since t

i'm jon fortt with carl quintanilla and deirdre bosa stocks at record highs, but we're keeping our eyeamestop and the wall street bets phenomenon. that short squeeze that put wall street bets on the map for so many people appears to have played out at least the major part of it i think a big question now is what's next? it will be harder to shock the shorts with the next squeeze and where there's more winning strategy to come out of this phenomenon it could go other way and dogecoin doesn't count. >> are you sure it doesn't count? >> beanie babies, deirdre. it's digital beanie babies >> hey, hey, for a while beanie babies were worth something. >> for a while >> of course dogecoin started for a while. we don't know how long they will last, gamestop and aig this is one of the most highly valued cryptocurrencies. you can argue whether it is a cultural product a or a financial asset but with a we're seeing now suggests this isn't straightforward and it does highlight at least some of the power of these stocks or assets we'll have to call them now. >> indeed or the general reddit rebellion

i'm carl quintanilla with jim cramer and david faber we're looking for record highs across the board as earnings are solid, the covid trends are looking quite good, and core inflation runs cool, for the second month in a row, despite some commodities of multi-year highs, our road map begins with twitter on a tear, on track for the eighth straight daily gain, rallying nearly 20% in the past week plus, remember when president trump was asking tiktok to sell to oracle and walmart, now it's on hold, the biden administration shelving the deal as it reviews security shares of cisco under pressure this morning this as revenue declined for the fifth straight quarter ceo chuck robbins will join us exclusively just a few minutes from now carl >> jim, it's our pleasure to wish you a happy birk and it looks like the markets will be a bit of a gift as well, as we mentioned twitter, we said you're high this week, underarmor will open near an 18 month high. >> under armour is terrific. twitter showed i thought that there is, the line in that piece, great interview, 25 million followers. 50 50 you m

i'm carl quintanilla with david faber and jim cramer futures are steady as the s&p has had minimal movements for the past three sessions. disney earnings are in focus, nearly 80% of the s&p has now reported, and ten-year yield close to a two-week high the road map begins with disney surprise beat. disney subs, closing in on the 100 million mark and earnings blow out expectations. we will break down the results next. >> and what's a day without saying gamestop? or hot stocks or reddit? we'll talk about all of it and of course as the justice department investigates possible manipulation and later, morgan stanley's call on evs you're going to want to hear what adam jonas is saying about names such as fisker and quantum scape and all of those battery makers that we're trying to sort through. many more continue to go public, often times through spacs. >> indeed, guys. we'll focus on dis tney though start things off pretty nice round of target increases. jpm 220. credit suisse 218. it is pointed out that it took netflix nine years to get to 95 million subs and it has taken disney 14 months. >> it

i'm carl quintanilla with david faber and leslie picker. a fine read, carl we take that 76.2 mid-month three -- excuse me, the 76.2 mid-month read and toss it and it now becomes 76.8. 7 76.8 is the february final read. it's not bad to put it in perspective, the final january read was 79.0. some of the other embedded issues here, some are quite important. if you look at current conditions, it, basically, is lateral from our mid-month, 86.2 and remains at 86.2. 69.8 is expectations then it got modified that was the mid-month now 70.7 a nice improvement there one-year inflation 3.3, okay? 3.3 is the highest level of one-year inflation in this series since august of 2012 when it was 3.6 if we look at 2.7, which is the five to ten-year inflation, yes, the same as the mid-month read the final read but you have to go -- and there is a lot of 2.7s you have to go back to january of 2015 to find a 2.8. the point of this is, is that we want to watch every possible way to measure inflation why? look at ten-year and 30-year bond rates across the world.

i'm jon fortt with carl quintanilla.ig hour ahead fintech pioneer max levchin, co-founder of paypal, will join us as his new company affirm posts its first earnings since going public and then a new era for paid content, well, microsoft says maybe tech firms should pay for news. we will begin with disney, touching new highs after a quarter led by streaming closing in on the $100 million mark for disney plus. julia boorstin joins us now to break down the results hi, julia. >>> well, jon, disney plus growing to 95 million subscribers well surpassing its original guidance four years early along with hulu and espn plus, that direct subscription base growing to 146 million driving the revenue up 73% in the quarter while that division's losses fell by more than half. the company wouldn't update its expectation. now it says it's going to break even by 2024 >> we've been especially pleased with the success of our direct-to-consumer business. and our recent strategic reorganization has enabled us to accelerate the company's pivot

. >>> and we will look at how main street is faring tonight with a special report with carl quintanillal "the path forward" airing tonight. so you don't want to miss that. >>> and reporting a record quarter despite a supply crunch. d n'ill talk to the ceo next andot forget that youcan watch us on the ceo app next. "the exchange" will be right back. we needed to make sure that, if they couldn't get to the food, the food would come to them. we can deliver for food banks and schools. amazon knows how to do that. i helped deliver 12 million meals to families in need. that's the power of having a company like amazon behind me. i have an idea for a trade. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior decorator. voila! maybe a couple throw pillows would help. get a strategy gut check from our trade desk. ♪♪ - [narrator] grubhub perks give you deals on all the food that makes you boogie. (upbea

. >>> good wednesday morning welcome to "squawk on the street," i'm carl quintanilla with david faber and mike, cramer is out today, futures close to the lows of the morning as the beyond yield back up continues in the wakeup of the blowout eco data, retail sales hottest since june, up 5.3 and wholesale 1.3, the road map begins with the power grid prices and the freezing weather leaves millions in texas and the midwest without power. >> let's talk about shares of qua quantumscape, shares are up and the ceo will join us in a few minutes. >> and finally, inside buffet's portfolio, trimming his apple stake and new positions in chevron, and we will break that down this hour. >> we will get to the eco data in a moment but it ties into the ongoing crisis in texas. nearly 26 dead, a couple, maybe 3 million still out of power, and another possible second storm on the way mike, there's more discussion this morning, about not just the freeze in the midwest, and texas, and impacting economic activity, but couple that with the ongoing semi shortage and maybe the theory here is that despite the ec

i'm carl quintanilla with david faber and seema mody morgan brennan is off today.ft take, off the initial loads of dow down 109. rick with l.e.i. >> leading economic indicators which made their debut in february of 1959 so 62 years ago, up half of 1%, up 0.5, a little better than 0.4 we were expecting. it reverses a trend the last three months, of course, this reverses that and what is, indeed, a positive s s >>> we start with boeing after an engine failed on a united airlines 777 jet phil lebeau joins us on the cnbc news line with the latest on investigation and whether they have pinpointed the issue with that pratt & whitney engine. >> they have not pin pinpointed an exact cause for two fan blades that fractured. what we're looking at right now is the begin stages of an investigation. the ntsb working along with pratt & whitney and boeing and united airlines are all looking at a couple of things in particular one, the damaged engine on the plane after it turned around and landed at denver international airport after having an uncontained engine failure they are a

i'm carl quintanilla with david faber and mike an telly. bullish vaccine data u.s. case loads continue to fall ten-year-year-old, one and a quarter. and oil near 60 in the deep freeze we begin with the surge in futures. stocks are set to add to last week's record levels at the open >>> a natural gas rally and a spike in oil prices. we'll explain the impact of that cold weather in texas. >>> later bitcoin hits a record high topping the $50,000 mark this morning carl, wback to you. >>> guys, a lot to unpack this morning. we'll begin with futures obviously. mike, it's going to be interesting to try to separate some of the spikes that we're seeing in energy from the broader reopening trade. obviously we mentioned yields. the president a moment ago tweeting we're going to break that goal of vaccinating 100 million in the first 100 days. that's all good news and equities reflect it. >> they do you know, i think not much has come along that would disturen this view that we're pretty much in an accelerated path toward a fashion of reopening in the spring you're doing better

i'm jon fortt along with carl quintanilla. the sfo of square as

i'm carl quintanilla with david faber and leslie picker. board walmart is not helping the dow and it's a story of rising rates, perhaps trimming some interest in high p.e. claims dow's down 173 we begin with the gamestop craze heading to washington. the ceos of robinhood, melvin capital and citadel to be grilled by lawmakers today. >> s.e.c. commissioner hester pierce joins the show. >> and continued misery ahead. a warning from the governor of texas as many still struggle for heat and hot water this afternoon days without power in that state >>> just a couple of hours from that hearing at house financial services where robinhood, citadel and melvin testify what we might hear this afternoon. hey, kate. >> we have gotten a few glimpses of what to expect at the gamestop hearing mostly through ceos prepared remarks. the heads of citadel, melvin capital, robinhood, reddit and the non-ceo today trader keith gill, who goes by roaring kitty. they have shared their statements in the past 24hours while they are addressing the gamestop rally, they ta

i'm carl quintanilla, with jim cramer and david faber, bonds and equities are going to compete for attention again this morning as the ten year gets close to 1.47. that approaches the s&p dividend yield. high profile earnings on deck, jobless claims, a little bit better, likely some weather distortions there as well. the road map begins with the gamestop trade and focus, shares of the video game retailer surged once again and break down what is driving that rally. >> and viacom cbs is entering the streaming fray, and touting 30 million global subscribers ahead of its launch of paramount plus. >>> and there is continued reason for covid vaccine optimism a new study out of israel confirming the efficacy of the pfizer shot for both the young and the old. keep the good news coming, carl. >> yes, we're going to delve into tons of vaccine headlines this morning, guys but jim, let's just pick up where you left off with squawk and the gang about gamestop, and your theories about what might be behind yesterday's move. >> well, we have to try to come to some sort of a, let's just say, i'm going to say

i'm jon fortt with carl quintanilla and deirdre bosa this hour twitter shares are flying higher.rt world embraces crypto. and the gamestop trade gets sweet again, but we're going to begin with a news alert on the munger games as robinhood responds to the berkshire legend's criticism kate rooney explains kate >>> hey, jon robinhood responding to charlie munger's criticism about the startup, luring in rookie investors into the market. we have a statement here from robinhood. the company saying that in one fell swoop an entire generation of new investors has been criticized and this commentary overlooks the cultural shift that is taking place in our nation to suggest that new investors have a, quote, mind-set of racetrack bettors is disappointing and elitest. they go on to say it should be celebrated they're seeing new market investors, and that's beginning to diversify this is also a previously untapped generation of new investors. charlie munger the 97-year-old investor, warren buffett's right-hand man he essentially said retail traders are being enticed by brokerage firms like ro

i'm jon fortt with carl quintanilla and julia boorstin and, boy, we have a lineup this hour that's enough a week bumble's founder and ceo whitney wolfe herd will join us later this hour with that ipo on deck. sonos pumped up the volume in the latest quarter patrick spence is with us with that stock up more than 14% in the early trade. it's doubled since just before the last earnings report three months ago and later the ceo of zinga as ea announces game on and, of course, more on reddit's pot trade coming down from quick highs, but we're going to start with bumble's debut. julia? >> that's right, jon bumble's pricing above the range last night and increasing the size of its deal as we await that opening trade our next two guests just launched a spac targeting that same female demographic, dana settle an early investor in bumble and katherine power is the ceo of click brands and the founder of three other brands aimed at the female consumer now before we get to the spac, let's start off with bumble. dana, tell us what drew you to this investment and what it is about the company and the lea

i'm jon fortt with carl quintanilla and julia boorstin ahead this hour, whose side is robinhood on theof robinhood, reddit and melvin all testifying to congress at the top of the next hour and then it's a rollback for walmart shares this morning as the stock falls post earnings the ceo will join us in a cnbc exclusive at 11:30 we'll begin with facebook calling australia's bluff taking a different tack from google banning the sharing and viewing of news down under australia is trying to do here arguably makes sense facebook values news content because it creates engagement. if facebook now has to pay to link to news content, it might have to place a value on different types of news content perhaps some vetting of news sources getting to this whole misinformation thing does australia have the stomach to really let this play out because, i mean, facebook is not a democracy. it's an authoritarian company. and people in australia, around the world, love facebook >> people love facebook, jon, but, you're right, this is facebook calling australia's bluff. what's so interesting here facebook i

i'm jon fortt with carl quintanilla and julia boorstin a big, big hour ahead.-founder and ceo evan spiegel joins us in just a couple minutes later this hour another exclusive with the see receive of peloton we'll start with the veolatilit in the meme trade with gamestop. you know how percentages go. these aren't the actual numbers, if you drop 50% one day and you rise 50% the next day you're not back at break even you're only halfway there. >> indeed although, john, the highs of the session today have taken out yesterday's highs so it is a truly volatile mix gme bouncing off of 5109 we're back in an environment you're looking at a stock behave the way stocks sometimes do and that is bouncing off averages. >> that's right, and i think the other question that we're going to be examining with gamestop is whether or not it was really retail traders driving that volatility jpmorgan issuing some data showing that institutional investors were actually driving a large portion of that trading activity next week and, jon, it really seems like this might be the start of a

i'm jon fortt with carl quintanilla and julia boorstin this hour the titans of technology search forafter the smartphone for apple it might be a car. weight get into the latest on apple's auto exploration at smartphone maker -- smartphone chip maker qualcomm, i should say. overall good news but with asterisks and those are enough to slap the stock down almost 10%. what else is down? wells, gamestop and amc. that trade not doing well today. gamestop down 23%. amc down 14.5% ebay and paypal, meanwhile, are higher after earnings. we will touch on that, too first we have to start with that potential apple car. phil lebeau broke the story for us and joins us now. phil, i've watched apple over the years and they take their time actually coming out with something. they very seldom, it seems to me, show their blueprint to a partner ahead of time. so could it be that they're talking to kia, perhaps also to others, and they can afford to walk right up to the line of producing something and not release it to the public >> yes very much it's a possibility in fact the multiple sources who we talk

i'm jon fortt with carl quintanilla and julia boorstin we're seeing in semis it's having an impact one our chip intake is limited we'll check in with former tiktok ceo kevin mayer, his new spac aims to keep us in. why pot stocks are surging and what reddit has to do with it and we will break down twitter's quarter after that stock pops post earnings. carl >>> i'm really not too far away from all-time territory, it did get above 69 shares after that on the top and bottom line to spark the warning. kindred ventures, kanye, good to see you again. >> good to see you hello. >> there was so much pearl clutching post election about the disappearance of the former president from the platform and worries about engagement did dorsey do a good enough job of pushing back against last night? >> oh, man, what an unbelievable result twitter you can't help but think of as one of the big three or big two of social media. i think great companies change the narrative ahead of the fundamentals in this case the fundamentals have caught up i think twitter has done a good job. better ad server, direct respo

. >>> and a programming note, tonight, 8:00 eastern time, carl quintanilla hosts a cnbc special report, focusing on small business don't miss it. 8:00 p.m. eastern time tonight he's going to do a fantastic job highlighting issues for small businesses in america. keep it right here, "worldwide exchange" comes back right after this so you're a small business, or 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. ♪♪ hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us ge

the trade from cramer and the investment committee coming up next plus tonight at 8:00 eastern carl quintanilla holding a cnbc special report "the path forward: small business. do not miss that at 8:00 p.m. eastern time we are back in just two minutes. >>> nvidia earnings are on deck. the i had-playing chipmaker is up in the last year. rahel solomon joining us with a preview of that. >> not at all, scott hello. when nvidia reports analysts are expecting earnings of $2.81 a share on revenues of $4.8 million for the company's two biggest segments, gaming and data center, analysts are expecting revenues of $2.4 billion and 1.8 billion respectively and investors will be looking for any remarks on nvidia's efforts to require arm as competitors raise antitrust concerns and regularly scrutinize the deal. watch for commentary on the global chip shortage and the company's new chip designed for cr cryptomining given the pullback, both nvidia and the etf are up from all-time highs notched for earlier this month. nvidia has been an outperformer. up more than 105% versus a 75% climb for the smh and the stre

becky, back to you and some emotional moments in that hearing as carl quintanilla has pointed out onbe quietly watching and tune into shepard to find out more. >>> and bearish sign of bitcoin, and instacart is preparing to take on the grocery stores. all that and more on this edition of "rapid fire." "the exchange" is going to be ghba. rit ck turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪♪ - [narrator] at southern new hampshire university, we're committed to making college more accessible by making it more affordable, that's why we're keeping our tuition the same through

i'm carl quintanilla with morgan brennan and david faber. the dow and s&p take a bit of a rest after six days higher. earnings, cisco and twitter tonight. more discussion about stimulus and balance between stimulating the economy and overheating it speaking of which, the president is set to meet with high-profile ceos in a meeting at the white house later today. kayla has more on that good morning >> good morning. the white house just releasing a list of the business leaders that will be meeting with the president, the vice president and the secretary of the treasury at the white house today. it includes representatives from most powerful business lob bees inc including the roundtable and chamber of commerce. jamie diamond from jpmorgan chase. also doug mcmillian from walmart at the meeting and then gap ceo sonia syngal on the list she was present for the administration's very first conversation on the economy, a roundtable head in december during the transition. and lowe's ceo marvin i wellisos well as tom don shoe it is defensiinitely a wh

i'm carl quintanilla with david faber and morgan brennan best two-day gain for the s&p and nasdaq sinceember as you got the vix getting lower, oil would have 55 disney, mgm, some of the reopening trades definitely in play our roadmap begins with the game stopped. shares of gme, atm and others on that reddit squeeze plunging as that trade remains volatile. >> plus, we will talk about the hedge fund response, particularly to what's going on with short sellers kyle bass will be our guest. he says this isn't investing this is insanity. >> and emergielon musk's first r all-civi all-civilian spaceflight a busy day for space, carl. >> it definitely is. and we are going to get to that. starting with guatamestop. trading limits remain in place with many brokerages joining us is so, carl rosner, o of less terrace, acquisition corp thanks for the time this morning. >> thanks for having me. pleasure to be here. >> i am not going to ask you to pontificate on near-term stock swings or price action, but i wonder if it feels to you, given everything you are seeing, that this fever is somehow breaking >

i'm carl quintanilla with david faber and morgan brennan the best week for stocks since november recordow, s&p and nasdaq, s&p 3,900 for the first time as we watch earnings, stimulus and, of course, vaccines our roadmap begins with bitcoin hitting record levels after that surprise investment by tesla we will get you details. >> yeah, plus, covid stimulus and the ongoing challenge for states colorado governor joins us this hour. >> and hasbro, biggest laggard on the s&p, this despite beating analysts' estimates with earnings we will chat with brian gold centegoldner. >>> we will start with the markets at this hour and for that we will get to our mike santoli. >> we have a low drama ratcheting higher. melt-ups raising the question as to who is getting priced in here somewhere between pricing and plausible progress and perfection so one way to think about it, rule of thumb-wise, if you get to s&p 4,000 upside targets gets you to 4,000, less than 3% up here 20 times the consensus for 2022 s&p 500 earnings 20 years a year ahead of it. a year that doesn't start for 11 months yes, getting a li

i'm carl quintanilla s&p is trying to avoid a sixth straight loss as investors await powell on the hill farm execs on the hill talking supply a host of reopening headlines. the road map begins with a big tech tumble. apple, amazon, microsoft all falling. >> lucid motors. yes, they got to deal done it was a highly anticipated spac deal the stock plunging this morning. why? we'll explain and the ceo of lucid will join us in a few minutes. and speaking of electric vehicles, tesla shares continue to slide the shares are now below their s&p 500 entry level. >> all right guys, jim, it's not often you get the dow higher and the nasdaq 2% plus down. how much of this is going to continue to bite the high multiple names does it accelerate from here >> i think it can. i went back six years. the selloff from 1124, 2015 to february, first week of february, 2016 is almost a blueprint for this what happened then, that was when janet yellen said we may have to put a rate hike through because things are better than expected it turned out that the market couldn't handle it and the stocks that were faang

i i'm carl quintanilla, with jim cramer and dave faber, snowy east coast in times square a big week ford for gamestop, amc and now silver the latest target in the short squeeze. plus, goldman calls it the biggest

i'm carl quintanilla with david faber and mike an telly.

i'm carl quintanilla with david faber and jim cramer futures are steady as the s&p has had minimal movementsield close to a two-week high the road map begins with disney surprise beat. disney subs, closing in on

i'm carl quintanilla with jim cramer, david faber will join us in a minute, we're coming off of fourthe house on stimulus, road map begins with boeing shares under pressure, the fa

i'm carl quintanilla, with jim cramer and david faber stocks have five straight gains, something we haves the jobs number has personality at 49 k but the unemployment rate is the lowest since march our road map begins with the return of john, we will get the first reaction from the white house, later on this hour. >> plus the retail trader

i'm carl quintanilla, with jim cramer and david faber, bonds and equities are going to compete for attentionp dividend yield. high profile earnings on deck, jobless claims, a little bit better, likely some weather distortions there as well. the road map begins with the gamestop trade and focus, shares of the video game retailer surged once again and break down what is driving that rally. >> and viacom cbs is

i'm carl quintanilla, with jim cramer and david faber futures pretty steady as the market chews on moretions and jobless claims still elevated and the road map starts with pot stock volatility. tilray, aurora, canopy giving back some of yesterday's reddi