new home on cnbc i'm jon fortt alongside carl quintanilla and deirdre bosa another must-see, biggestpac deal ever. grab grabs new valuation and a different model for uber and lyft investors bitcoin surges ahead of coinbases debut tomorrow we look into that. and buy now, pay later all that ahead this hour. >>> jon, a gut check dow low arer, nasdaq higher. j&j obviously dominating headlines today. cdc and fda asking sites to temporarily halt usage because of rare occurrences of a blood kloss disorder and names like zoom and peloton moving higher and boeing monthly order numbers crossing the tape. those headlines you will see bottom of your screen. >> meanwhile, carl, heating up to a brand new level grab holding the biggest hide hailing and food delivery company looking to go public, nearly $40 billion the world's largest spac deal ever completed and major milestone for the m & a frenzy that swept financial markets the move also means, guys, that grab's valuation has more than doubled in just 18 months. have a listen to anthony on "squawk box" earlier. >> we are category leader in ride

i'm jon fortt with carl quintanilla and deirdre bosa today tech put to the test as big week of earningsicks off alphabet, microsoft, facebook, amazon, apple on deck. apple's controversy privacy setting goes into detect facebook arguing small business mostly inconvenienced. later, elon muck precedes his "snl" debut with earnings after the bell today what we expect this hour deirdre? >> tesla certainly the focus up slightly ahead of these results. and crypto, bitcoin showing a little bounceback of its own after a steep drop nasdaq lagging behind today. the calm before the storm, perhaps, carl? >> the store's definitely coming, as jon set most important thing in tech, at least this week, earnings. mentioned most of the lineup earlier. in short, five biggest tech companies in the world plus pinterest, twitter and tesla apple record growth for most names during the pandemic. apple, jon, by metrics lagged some kicking around a bit of heightened commitment to jobs and investment in the u.s. >> yeah. there's a press release out. we tend to sniff at press releases i think they're doing a bit of

i'm carl quintanilla with jon fortt and deirdre bosa what a news day to kick off our premiere microsoftnother bold announcement and tech policy and regs key issue at the moment intel's pat gelsinger joins us ahead of the white house chip summit today and uber announcing a new cycle high on mobility joining us in another "techcheck" exclusive. de >> can't wait for that and also covering the biggest stories and opportunities for investors. today alibaba shares surging following a huge antitrust fine. tesla higher after an upgrade and bitcoin closes in on another record high ahead of coinbases listing this week. much more on all three of those stories. jon? >> today's most important thing in tech, though, cloud and ai investing in mccaicrosoft $20 billion bid. microsoft second largest acquisition ever buying nuances, important step in expanding microsoft's presence in health care and cloud transformation moving from a consumer focus when it started deeper into industry where the competition is nuance to pave the way for deeper relation. s isn't cloud and ai even outside of health care the

i'm carl quintanilla along with deirdre bosa, and julia boorstin and up 5% on facebook. higher ebay down more than 9% at the home, at least as the company is december appointing guidance preciousers they're under. apple, jon, opened nice. basically flat after what we've talked about all hour long, a blowout quarter. >> yeah. speaking of, guys. i'm looking at our twitter feed, because of crowdsource a little disappointed. answers today on the bear case for apple, but not enough. let me prime the pump here, poke the bear, as it were how about this this quarter from apple looks amazing but actually a little less amazing on second glance. iphone just reached supply-demand balance in the quarter meaning apple doesn't have to shift as much product to meet demand when we get third quarter results. and tim cook said on the call, more issue for mac and ipad from here we could end up, next quarter, guys, with something that looks like we saw from netflix this quarter. all of a sudden, oh, maybe for of a full forward than everybody thought. >> jon, first of all, amaze swramazeing w

i'm deirdre bosa with jon fortt and carl quintanilla today lyft sells off its self-driving unit to toyotawe dig into why with the co-founder plus adopi partners with fedex for free two-day shipping. >>> and later, disney's strategy for espn plus. a new exclusive content, we speak to espn's chairman. >>> and in the red, tesla the beg story falling despite auto revenue up 75. a lot to get to in tesla. >>> ahead, two big earnings ar the bell tonight, reporting on, jon, we know a monster week for tech. >> most important thing for tech today, mobility. logistics delivering the right things at the right price. told you about lyft selling off its self-driving unit to tesla and paying 0% commissions, 15%, 25% or 30% stock up nearly 5% and adobe announcing a major partnership with fedex, d differentiating themselves and tesla big mover of the day stock down roughly 4%. deirdre, you know, we talked about this yesterday hard to know exactly what tesla's moving is based on more than just electric vehicles it's a play on a shift in energy globally and, boy harks it had quite a ride. >> and ai, comment

i'm jon fortt with carl quintanilla and deirdre bosa. >>> coming up on the show, an apple event in justwo hours. how this plays into apple's larger strategy. plus audio goes boom mark zuckerberg thinking about audio with facebook and competitors. a big day for netflix off a huge 2020 a peek into this year. and netflix expectationses, this hour >>> jon, stocks falling for are the second day reopening trade suffering airlines, cruises, falling sharply, but cnbc's work-anywhere index lower as well both side of that trade in the red this morning on the upside, though, ibm up more than 3% after those earnings, and tesla rebounding up more than 1%. carl >> yeah. meantime, guys, as jon said watching apple's spring loaded event, 1:00 p.m. eastern time. expectations with updates to the ipad, maybe mac lines along with a launch, we think, of air tag trackers probable new podcasts and plus subscription service and maybe news about a controversial new ios release date between them and facebook, more interesting back and forths in tech now. >> looking for that update to ios 14 bringing ad tracking u

our new show about tech here at cnbc i'm deirdre bosa with carl quintanilla and jon fortt as always auge show today. history for crypto as coinbase goes public, we are awaiting the first trade and a monster valuation that is only getting bigger plus, slack ceo stewart butterfield will join us on how we work and communicate and some new numbers from tiktok reveal just what is underneath the hood at this company. >> let's take a quick check on the market as we wait for coinbase to open nasdaq, about a percentage point away from a record high. s&p is already there moderna is higher. travel plays, trip and booking holdings higher. facebook off by 1% intel having a tough week down for the third straight day down 6% since monday, carl. >> jon, today's most important tech story is coinbase going public in a direct listing, potentially value the company at $65 billion or more. as it becomes the first major crypto business to go public in the united states, investors are hailing it as a bit of a watershed moment, encouraging institutions to play in the crypto space and some recent private trad

i'm carl quintanilla with jon fortt and deirdre bosa big show today big tech versus small.pp makers say they are afraid of the power of google and apple in front of congress we'll discuss the fear index of the valley. >>> plus, feud delivery. two rival ceos going at it on twitter. we booked one to come on an explain. >>> and sony massive deal with disney weeks after blockbuster deal with netflix. and on the arms race content coming up on "techcheck" in a few minutes. >>> and stocks, dow lower. nasdaq higher. at&t booming on better than expected earnings. a big move for that stock. semi-s moving lower. >> and we are all afraid what one appmaker told congress yesterday. in concern ap the power apple and google have over their businesses as big tech continues to spend money close to $5 million spent on lobbying in q1 of this year alone. >>> plus, lena kahn on the hill yesterday for an ftc confirmation hearing known as a tech critic the biden administration moving away from consumer harm when it comes to antitrust regulation, deirdre, and that, to me, is the issue. if the u.s.

i'm deirdre bosa with carl quintanilla and jon fortt.ideo, facebook positive apple, a land grab in the space more on that with keira swisher, and an important few weeks for apple. event tomorrow, showdowns with epic games and facebook. we dig into one front in apple's many battles right now, and peloton. fighting back against consumer safety warnings after a deadly accident hitting that stock we will dive into the story. >> deirdre, stocks lower to start the week tech, the performer. focus on bitcoin seeing prices crash over the weekend up a bit since tesla down 5% hold a bit of bitcoin. and not just crypto connected tech hit this morning. peter boockvar pointing out connection between bitcoin's movement and risk overall. you know, you mentioned peloton. that is down 8.5% this morning of course, sara, down more than 6% close to 7% c3aa down 6% not about bitcoin but a risk off connected to the same sentiment that might be driving bitcoin. deirdre? >> right we got to put the moves in context. the names, biggest winners over the last year.

our new show about technology here on cnbc i'm deirdre bosa with carl quintanilla and jon fortt and juliaoorstin here with us as well a big day for tech news. netflix shares plunging as the company's growth slows is this a bump in the road or a sign of something amiss for the company? plus, how apple makes money? new products, new services, the prices and the cut that apple takes is in focus for us today. >>> speaking of apple, a hacking group is threatening the company battling to release confident documents unless it receives $50 million. jon? >> stocks meanwhile broadly recovering from a string of losses s&p up 0.3%. netflix as deirdre mentioned by far the biggest laggard on the s&p and nasdaq f.a.a.n.g. broadly lower, facebook, plab alphabet off. peloton, that stock has lost 15% in a week, carl. >>> yeah, as you point out, netflix shares were down as much as 13% after the print, currently down 8, that's about a three or four-week low one of the most important stories in tech today. julia will break down what we knew from the quarter and what they're saying about the current one. hey,

i'm deirdre bosa with jon fortt and carl quintanilla coming up on the show today, the capital gains taxebate, what it means for tech founding companies and the entire investment ecosystem that exists around tech and startups plus, we've got nextdoor ceo sara friar her thoughts on crypto, apple and content moderation earnings from snap and intel have shares moving in opposite directions this morning. intel now down 6%. we will dive into those stocks and some opportunities there >> yep speaking of which the market is higher but that overhang for stocks includes that bloomberg headline that white house is looking at raising the top capital gains tax. could have big implications for investors for tech, vc, private equity in particular more on that in a minute including why our first guest says it will bes the death of silicon valley you have to talk intel to start. >> we do today's most important thing in tech comes from intel. shares down about 6% this morning. the first quarter with ceo pat gel singer at the helm a story about turnaround, data center and expectations. data center in parti

i'm carl quintanilla with jon fortt and deirdre bosa what a morning microsoft and alphabet, blowout quartertwo opposite ways as the s&p hits a record high we'll explain. we'll break down pinterest and their results this quarter and later, two more coming after the bell tonight, we'll tell you what to expect from both facebook and apple >> qualcomm coming after the bell i'll be watching that. now check out shares of shopify, sold off for the last two weeks but recovering all of that after strong results this morning. president harley finkelstein is going to join us on that as well then there's shopify, tanking at the open, trying to rebound after the current quarter's operating loss range fell below the street's forecast. more on all of those throughout this hour. >>> jon, top of the feed today, where is the growth story in big tech microsoft and alphabet both out with huge beats. microsoft, $41.7 billion in revenue, up 19% year off year. alphabet, $55 billion, up 34% year over year investors are looking for the next growth story, like youtube. for alphabet, that business seeing a growth rat

i'm jon fortt with carl quintanilla and deirdre bosa today, amazon smashes expectations one more blowoutn a big week for big tech the stock had a good week, up only modestly now after the news we will look ahead twitter tumbles, what went wrong for jack dorsey and company as that stock falls down double digits beeple is back the $69 million man that personified the nft craze joins us with this neck project. carl >> jon, a lot of questions for beeple apple is flat to start the trade today, feeling the effects of the eu antitrust charge which we'll talk about in a moment western digital down after a beat on revenue and stronger chip prices. but overall, tech is challenged today, although the sector has continued to lead the pack this month, thanks largely to blowout earnings from amazon an intraday high today >> that's right. that's the top of our feed today. amazon, as big tech continues to amaze this week with earnings. we saw another huge growth story with sales up 44%, crossing $100 billion in revenue this quarter. the second time it did so. between the big five, amazon, apple, alphabe

i'm deirdre bosa with carl quintanilla and jon fortt. big show to close out our very first week trouble in the listing market. coinbase, the largest spac ever and a few under water ipos signs of euphoria or the air coming out of a bubble. an exclusive with airbnb ceo brian chesky one of the more remarkable business stories of the pandemic we'll get his take on business and crypto too looking ahead to a big week for apple, why loyalty is everything in tech right now. >>> in the meantime big story, of course, the market s&p, another all-time high. same story for the dow above 34k. zeroing in on technology, also setting some records up 8% for the month. cisco at the top of the indices and nvidia up as well. it's interesting the market having to take stock of the reopening and at least for now, some of the under performers on the nasdaq will be names like peloton and workday as we put more faith in the opening of the economy. >> some of the big tech names lost momentum this year, but we've got earnings season kicking off and the five mega ca

carl quintanilla with jim cramer and david faber. the morning trade hits a speed bump the u.s.alling for a pause in the j&j vaccine. regulators hold a press conference if an hour. in the meantime inflation hawks dodge a bullet cpi hot by 1/10 and -- j&j pause. federal health agencies making the recommendation following rare blood clot cases after the single dose vaccine. >> plus we'll look into the potential pause fall out just what the impact of vaccine of this will be on vaccine hesitancy. reopening time lines and of course that trade involving stay-at-home stocks. and the world's largest spac merger grab agrees to go public in a deal that is worth nearly $40 blld billion >> straight to the news out of the fda. as well as a statement from j&j which they say we continue to work closely with experts and regulators to assess the data but at present no clear causal relationship has been established between these rare events and the vaccine >> i think there are two themes here one is that this is going to pause the reopening. and second, is really what happens when you take this i

i'm carl quintanilla with david faber and morgan brennan b bank earnings.oin base direct listing at the nasdaq fed speak. j&j vaccine as we're looking at record highs this morning for the dow and the s&p. >> that's all? just joking. we're 30 minutes into the trading sessions jo goldman, jpmorgan and wells all reporting. on goldman higher right now. bitcoin crossing $64,000, hitting another new record high as we await coin base's first trade on the nasdaq. at athereum on focus. and bed bath and beyond. q 4 net sales down about 14% in trade so far this morning. >> we'll look for more information out of the fda regarding the jlk j&j vaccine pause. news out of moderna this morning. meg has it all good morning, meg. >> good morning, carl. could be a pivotal day for johnson & johnson after the fda and cdc paused vaccinations with its vaccine after those reports of six rare but severe blood clots in people who had received the vaccine. the cdc's group of advisers is meeting this afternoon to discuss the events and potentially update their recommendations for use o

i'm carl quintanilla with jim cramer and david faber futures are soggy again, after the worst day for stocks in about a month. investors reacting to netflix, verizon, the apple product announcement we will see if we can avoid three days down for all major indices. we haven't done that since early march. our road map begins with the netflix sub stumble. shares are down ahead of the open on top to be the only faang stock now negative for the year. >> plus, it's all about apple. a big product unveil and analyst price boost and news of a ran some ware attack on a key mac book supplier. we'll talk about the spac collapse transactions coming to a near halt amid a potential s.e.c. crackdown. and just overall cooling of interest carl, for that product, at least as of now. the liquidity providers as they say, karl, not quite there anymore. >> the charts are going to be interesting for some of our viewers to look at we'll start with netflix this morning, guys. jim, we went into the pit last night with pretty muted expectations but i'm not sure if the street was counting on some of the sub guida

i'm carl quintanilla day two public company, cathie wood buys in stocks higher.n video game company backed by kkr making its

i'm deirdre bosa with carl quintanilla and jon fortt.week trouble in the listing market. coinbase, the largest spac ever and a few under water ipos signs of euphoria or the air c

i'm carl quintanilla with jon fortt and deirdre bosa what a news day to kick off our

i'm carl quintanilla with morgan brennan and mike san tolely.a blowout tech earnings eco data pointing so higher wage pressure now consumer sentiment let's get to rick. >> yes consumer sentiment is a final read for april so we take the mid month reads we already have and toss them. mid month read for headline is 86.5 that now turns into 88.3 88.3 that is definitely a solid number and you have to go all the way back to march of 2020 to find a bigger number. and if we look at current conditions, 97.2, and 82.7 for expectations that follows the 99.7 that's tossed other than current expectations which remain exactly the same as our mid month read, there were improvements now, on the inflation front, some surprises on the one-year inflation, it moved from a mid month of 3 .7 down to 3 .4 this is significant. because 3.7 would have been the highest read going all the way back to march of 2012. so this mitigates that to some extent and a latter move on the five to ten-year inflation that remains at 2 .7. if we want to put a face on that, it was 2.8 fin

i'm deirdre bosa with carl quintanilla and jon fortt.t with keira swisher, and an important few weeks for apple. event tomorrow,

i'm carl quintanilla with jim cramer and david faber futures are mixed. mace try to reclaim a little bit after the reports of capital gains taxes startled markets yesterday. plenty of earnings watch watching j&j's decision. and the road map begins with tax fear, and stocks are set for a muted open after concerns about a capital gains tax hike did fuel the sell-off. >>> crypto crumble $200 billion has been wiped out of the cryptocurrency market in a day. and close eye on shares of intel, moving a bit lower ahead of the open, with the chip showing a lighter than expected sales forecast despite raising the outlook from prior guidance. >>> the tax discussion continues this morning, jim a lot of people were asking yesterday, what the market was doing selling off on news that was not only on biden's web site for most of last summer but written about by goldman six months ago. >> i was reading the kostin piece. very clairvoyant an october piece people realize he puts out a newsletter widely read on wall street i take cues from him it's a blip. you want to buy th

i'm carl quintanilla with jim cramer, david faber is on assignment record highs at the open are in sight for the s&p and the nasdaq it's all about am, facebook, caterpillar and more, nyc announces a full reopening our road map begins with the busiest day for earnings amazon and twitter are on tap tonight. the president's message for the wealthy and corporate america, pay your fair share. and the cdc commits to restarting cruises by mid july jim? it's hard to know exactly where to start but you got to imagine, it lies somewhere within big tech. >> yes, i mean i think that we had some extraordinary numbers last night facebook cannot, it's almost inexplicable how much money is going toward them in advertising, i don't want to call it a blowout, it minimizes exactly what the term blowout means, it was a shock, it was a shock because it was substantially better to have, to have a revenue gain the way it's having, as a big cap stock is incredible apple, i think people are misjudging entirely. i think apple was an extraordinary share take i think apple was an amazing move in services the other,

i'm carl quintanilla with morgan brennan and david faber.r it's the airlines, dow, at&t, chipotle and lei out a few moments ago. >>> leading economic indicators for the month of march this is 62-year-old set of data points, 1 p.3% higher in its entire 62 years. the highest it's ever been was 3.1%, in may of 2020 you can see that these numbers are pretty lofty based on history. we do see a revision in the rear view mirror, for february. now, unfortunately comes down 1/10, which makes this numbers rated change that much stronger, and as far as housing, existing home sales are also hitting the wires right now for the month of march, and for that, we turn to diana, diana olick, please >> rick, existing home sales in march down 3.7% month to month to a seasonally adjusted annualized rate, that's the second straight month of drops and the slowest pace since august of 2020 the street was expecting 6.11 million units problem is not demand. it's all about supply. inventory, 1.07 million homes for sale, down 28% year over year that pushes prices highe

i'm carl quintanilla with jim cramer and david faber dow futures are a bit soft as we work through this storm of earnings, a fed decision this afternoon, a presidential address tonight, but jim, it really comes down to what you are now calling this gauntlet, this 72-hour of gauntlet of earnings that we're in. >> the companies are reporting at the same time they don't need to do that but yesterday, it was positive the overall ones were good today, it's more mixed and i think that's what is really strange, and we're going to get to it really quickly, some of the mix is quite good, and i don't see any reason that microsoft is down. people want to take profits. starbucks, speaking with kevin johnson, if boeing trades down on absolutely nothing, that is another dow stock that is just indicating, you know what we're going to take some things down based on nothing and what was interesting is pinterest of all place because they did the pull-through comments that we saw with netflix. so there are covid distinctions between made but i think visa trumps that we never talk about visa >> no, barely.

i'm carl quintanilla with jim cramer and david faber final week of april and busiest week of earningsfar. a first look at q1 gdp a biden address to congress. plus a fed meeting futures pretty steady. our road map begins with a massive week for earnings. more than a third of the s&p 500 is set to report, and it begins with tesla after the bell tonight. >> plus, the race against covid. sanofi teams up with moderna, the cdc says millions are skipping second doses and the potential risk from a rise in hesitancy surrounding j&j's shot. >>> and bitcoin's bouncing back a bit. the biggest investment in cryptocurrency, rallies from a seven-week low, that happened just in a couple of days last week carl >> yeah, a lot of good points this morning but earnings will be the lead for most of the week we will start with tesla tonight, jim, and then move into so big faang names as we get into midweek energy names on friday what's going to be the thing to watch? >> look, i think it's going to be apple i think that ap, there is a deutsche bank note that expectations are low, and a 20% increase in the am

i'm carl quintanilla, with jim cramer david faber has the morning off. first day of april, and q2, as markets process news on infrastructure, tax policy, some mixed news on vaccines, jobless claims, run a bit hot, ahead of jobs friday tomorrow, when stocks are closed. our road map begins with the new month. stocks are set for a higher open plus pfizer says its vaccine lasts at least six months and protects against variants. and amc ceo adam aaron joins us exclusively this hour to talk about movie theaters and their reopening. >>> jim, so i guess we'll start with what the president said yesterday about infrastructure i know you've been writing already this morning about semis, and our spending and russia's spending and china and so forth. >> when you take a look at what the president said was one of the biggest challenges was climate change and basically blunting china and when i spoke to the secretary of commerce, she said the same thing, we need to blunt china, we need to get more competitive hence, why they're putting some money toward semiconductors.

on carl quintanilla with jim cramer and david faber ups, tesla covid deaths the lowest since october.nd begin with the earnings gone led tesla lower, ups higher and the faang names are on the way. >> and ge shares under prern the company reporting that revenue came in short of expectations free cash floe was better. we'll dick it into.w was better. we'll dick it into and wall street's losses on archegos topping $10 billion we'll breakdown down the latest brokers and banks they are part of that took another financial hit. >> so much to unpack this morning. jim, e feels like tesla is the lead only because of the ongoing debate about revs up 75 but asps were lower the sap of the tax credits and of course that bitcoin sale. >> i don't know. you know i've been a big fan of mu musk and i think he's done lot of things right. doing things i wish'd he had done, to make protectionive projections he's going to have the biggest car. you know that would be pretty hard to do unseating toyota it is also very easy to see they almost had no ebitda this quarter. and that is not talked about enough we t

i'm carl quintanilla with morgan brennan, david faber of course is back. a pretty good wave of positive data, and rick santelli has another e coe data point for us. rick. >> this is going to redefine positive data this morning, carl so our read on ism, supply management services index for march, expecting a number around 59 63.7 63.7 i have a database that goes back 43 years to 1980 the highest on there is 1997 at 62.0 so this blows that away. really good number now, let's look at factory orders for february. we're expecting down 5/10. it ends up down 8/10 in the rear view mirror, slight revision to january's 2.6 to 2.7 if we look at transportation, it's down 6/10, about half as negative as we were expecting in the rear view mirror, up 1.8 there is some give back, and primarily numbers for january were really quite powerful if we look at durable goods orders, we take the mid month reads and toss them. our final now becomes minus 1.2 versus minus 1 p.1 which is equal to our mid month read, and if we look at capital goods orders, nondefense, a proxy for busi

i'm carl quintanilla what an hour packed for you this morning.ebook hitting all-time highs ar constructive comments over rts weekend. 307 up 3%. breaking down the comments with apple's tim cook with tara swisher and record deliveries in q1 expectations for the full year elevated can they drive high jeer all that ahead facebook making headlines overed weekend. new hack details and impending headwinds from apple's privacy policies our next guest caught up with apple's tim cook kara swisher, and discussed that potential impact. start with the hack itself. >> worth noting the actual hack happened in 2019 the hacked invoe available in the dark corners of the web. before now oftentimes for sale now facebook saying that we found and fixed this issue back in august 2019 the issue is that now that data, which includes names and phone numbers, is widely available online carl, whether this pact was old or new, data collection over the years and when there's a hack a long tale impact deirdre, none of the headlines impacting facebook stock today shares up 3%

i'm deirdre bosa with carl quintanilla and julia boorstin, jon fortt has the day off. >>> competitionween uber and lyft and a driver shortage apple versus epic. the companies lay out arguments ahead of an antitrust trial next month. and starting with facebook and alphabet notching new highs. julia, searing the nasdaq catch up up 7% year to date the story this year, one of underperformance underperforming not just the zp zand dow jones industrial but the russell 2000, up to nasdaq's 7% >> absolutely. look at how the pandemic has really driven a sea change in the way consumers behave, at least at the anticipation, look at amazon succeeding on heels of ecommerce and advertising to help facebook and google remember, there was a huge ad pullback beginning of the pandemic now we're starting to lap those numbers and see growth in advertising, carl, in terms of travel advertising, a huge driver for google in particular, and then also film advertising as movies start to come back, and then as facebook really embraces ecommerce that could help them as well, carl. >> yeah. i see warner's got com

i'm carl quintanilla day two public company, cathie wood buys in stocks higher. not just coin, though. another massive ipo at the nasdaq a $30 billion video game company backed by kkr making its debut and bezos addresses his shareholders in what could become a significant change in amazon strategy. we dig in on that. >> also a big day for tech stocks nasdaq outperforming broader indices pss&p all-time high and nvidia and others, faang plus index up better than 1%. tesla in the red and gamestop down 6%, jon >> today's most important tech story, day two for coinbase. watching crypto's newest king. the company opening for trade yesterday afternoon. $381 a share 52% above the reference price rising as high as $429 before settling the day lower as of yesterday's close, $86 billion, roughly, market cap made from the most valuable publicly traded exchange in the u.s. if you think that's what it is cathie wood jumping into this trade as well buying $246 million worth of shares to add to the investment funds. so many storylines in tech right now, carl, that hinge on the i

i'm carl quintanilla along with decreed dhra.ing up, china creating its own digit's currency, what that could mean for crypto and a driverless future. discussing the latest were you a company going public on the nasdaq via spac. first the nasdaq rallying a bit alongside the s&p and dow. did get an s&p record high earlier this morning mark mahaney, managing director at evercore joins us longtime friend of the program and congratulations on the new gig. great to see you back. >> good to see you, too, carl. >> tell me how your mission changes? i know you've got an inaugural note taking a fresh look at the landscape now. >> wanting to step back a little bit. think we've seen structural winners from the covid crisis. that sounds crude, but it is true had a permanent pull forward of demand for leading internet platforms and benefitted from nice scale benefits. a lot of that's priced into the stocks dramatic up year last year, 2020, for the internet stocks and year-to-date cyear consolid and scarcely valued group we think comes back whe

squawk on the street" is next >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with david faber and mike santoli cramer has the morning off dow and s&p looking for the third straight weekly gain futures are a bit mixed this morning. nasdaq looking, lagging as yields take a step higher. ppi runs hot, up 4.2 year on year after you heard rick talk about after the weird delay in the data this morning. the road map begins with boeing's max headache and the company warning airliners about a potential electric issue on some of the jets >> and vote counting resuming this hour. but the amazon workers yoon, well, they appear to be facing a significant uphill battle. >>> and the reopening trade. we will talk with the ceo of snap-on about that company's post-covid recovery. >>> a lot to get to this morning, in cramer's absence i guess mike, maybe we do start with some of the inflation number, obviously base effects are making the year on year data confusing for many, but 4.2, will get your attention, 1% month on month will get your attention, at the wholesale level, i guess

i'm carl quintanilla with jim cramer and david faber futures do indicate a fresh high for the s&p at the open. nasdaq's going to get some help from a 10-year yield below 1.65 as jobless claims once again a stubborn 7 handle the second week above expectations. the road map begins with taxes, infrastructure, and the economic recovery the president says he is open to renegotiate, or to negotiating on his corporate tax hike plan >> plus, chips and the shortage, apple reportedly postponing mac book and ipad production and quote, the financial weapon, what is behind the billionaire peter thiel's newest bitcoin bash carl >> all right, guys, let's dive in to the ongoing debate about infrastructure, jim, and the corporate tax rate in america, we've heard in the last 24 hours from the u.s. chamber of commerce, from raytheon, from the national association of manufacturers, who we're going to have on in the 10:00 a.m. hour, arguing that going back to 28 would cost a million jobs in the first couple of years. >> look, i think that the, you know, look, you put out the estimates, it always, if you'

i'm carl quintanilla with julia boorstin and deirdre bosa. jon fortt has the day off.t this time onm monday, you'll be watching a new program here on cnbc. tune in for the premiere of "tech check," where we'll cover all the bases on all things tech on our very first show, not a bad way to start out two big guests including uber's dara khosrowshahi and linkedin's founder reid hoffman d., we cannot wait >> we cannot wait. i remember when you guys launched out of one market now to have a home there is very exciting and carl and julia, it wouldn't be a final "squawk alley" without a little bit of breaking news we have some we're starting with the amazon union vote count unofficial results are now amazon clinching the win with no votes unofficially hitting a simple majority. with us now to break this down is cnbc contributor and editor of the big technology news letter, alex can trowitz. unionization efforts are long and difficult. the organizers would tell you even getting to this point to a vote is a victory. more than 70% of votes were in favor of amazon. how much should

i'm jon fortt with carl quintanilla and deirdre bosa. >>> coming up on the show, an apple event in justs boom mark zuckerberg thinking about audio with facebook and competits.

i'm carl quintanilla with david faber and morgan brennan we're about one point away from 40.83.li is with us this morning. >> this is going to give people a big jolt because jolt really is a hugely strong number. we are expecting a number around 6.9 million job openings we ended up with 7,367,000 it is the biggest job openings number for jolt going all the way back to january of 2019. 2019 when it was 7,478,000. needless to say it's the first number over 7 million since february of last year. no matter how you slice this number, it's solid and as the revisions come in, i have to make a revision. it's the second number since february to be over 7 million because last month's 6,917,000 pops up just shy of 7.1 million on a revision. if you're looking for the jobs number last friday to be even more meaningful, this gives you the context of strong growth that may continue, of course, to effect the economy in a positive way. david faber, back to you >>> okay thank you, rick santelli, and now let's get to creditsuisse. taking advantage of the meltdown of a capital company leslie has mo

i'm carl quintanilla, with jim cramer and david faber futures do indicate a little more grind this morning, after yesterday's action, jamie dimon's annual letter getting much of the attention this morning as he outlines the u.s. economic boom, infrastructure, and a lot more we're going to get to that our road map will begin with that so-called goldilocks moment, the jpmorgan ceo says the boom could last to 2023 and ron goldman sees limited long term damage to the economy. >>> jeff bezos backs corporate tax hikes, the amazon chair says infrastructure investments will require concessions from all sides. and coming up later this hour, an exclusive video with exxonmobil ceo darren woods. >>> let's dive into this let area little bit more, guys jim i know you were talking about it with andrew, joe and becky, he talks about obviously where he sees macro going but there's a lot more in there on the nature of remote work, and the risks to banks, which he says are coming from every angle. >> there's an amazing moment, actually, there's two moments, where jamie just talks about, using his first name

i'm carl quintanilla with jim cramer and david faber futures pretty steady.hat five-week low. our road map begins with wall street's record run. stocks on track for another bounce at the open as the dow does close above 34,000 for the first time plus morgan stanley had a strong

i'm carl quintanilla with jim cramer and david faber slowly working our way back to normal this morning slow out of the gate after the first four-week win for the s&p, since august, earnings of course kicking into second gear coke and harley, ibm tonight, our road map begins with this crypto rollercoaster, of bitcoin recovering some of its heavy losses from the weeken p

squawk on the street" is next >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla s&p looking for the third straight weekly gain futures are a bit mixed this morning. nasdaq looking, lagging as yields take a step higher. ppi runs hot, up 4.2 year on year after you heard rick talk about after the weird delay in the data this morning. the road map begins with boeing's max headache an

i'm carl quintanilla with jim cramer and david faber futures do indicate a fresh high for the s&p atthe road map begins with taxes, infrastructure, and the economic recovery the president says he is open to

carl quintanilla with jim cramer and david faber. the morning trade hits a speed bump the u.s.rence if an hour. in the meantime inflation hawks dodge a bullet cpi hot by 1/10 and -- j&j pause. federal health agencies making the recommendation following rare blood clot cases te

i'm carl quintanilla, with jim cramer david faber has the morning off.ax policy, some mixed news on vaccines, jobless claims, run a bit hot, ahead of jobs friday tomorrow, when stocks are closed. our road map begins with the new month. stocks are set for a higher open plus pfizer says its vaccine lasts at

on carl quintanilla with jim cramer and david faber ups, tesla covid deaths the lowest since october.ups higher and the faang names are on the way. >> and ge shares under prern the compan

i'm carl quintanilla with jim cramer and david faber final week of april and busiest week of earningseek for earnings. more than a thir

on the street" is up next >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanillaks off, coinbase goes public in a landmark day for crypto and that's where our road map will start. bitcoin topped 64,000. the irs points to crypto in closing the massive tax gap and enter earnings with banks in focus, jpmorgan, goldman and wells fargo all releasing their numbers this

i'm carl quintanilla with jim cramer and david faber futures are soggy again, after the worst day for, verizon, the apple product announcement we will see if we can avoid three days down for all major indices. we haven't done that since early march. our road map begins with the netflix sub stumble. shares are down ahead of the open on top to be the only faang stock now negative for the year. >> plus, it's all about apple. a bi