. >>> good tuesday morning carl quintanilla the markets bounce back. another move higher for the chips. upgrade for kla, nvidia named a top pick and exclusive sound from bob iger his exit interview as he prepares to leave disney and what growth slowdown saw for a company braze. the stock shooting higher and the ceo joins us this hour, jon. >> micron seeing a jump following strong quarterly results, beating on top and bottom lines the ceo joined "squawk on the street" touting data center sales that grew 70% year over year the chip maker estimates beat investor expectations, but it is trailing the overall semi marked which is up 40% in 12 months nearly double the nasdaq there's a lot of back and forth on what's hot between semiconductors, software names, semis hadn't been running, now they are a lot depends on what demand looks like going out from here we had this narrative that the demand for semiconductors will be huge into the foreseeable future see if that remains true >> look, it is all about the outlook here micron moved higher, i have to think a h

welcome to "techcheck" i'm carl quintanilla with jon fortt and deirdre bosa today the selloff in techthe nasdaq shows some signs of a rebound is now the time to buy at a discount? we'll talk about it. >>> then the buzzfeed spac losing some of its buzz. look inside the latest deal that's raising eyebrows today. >>> don't miss reddit founder alexis ohanian talking the metaverse and crypto later this hour, dee. >> we'll start with tech stocks lagging once again the dow is up 300 points, wow, 060 points now the nasdaq is only marginally higher as growth stocks in particular have been hit hard. larger names like tesla, adobe and nvidia ending lower by 10% or more. the tech software etf has fallen into correction territory. 64% of 119 components now trading below their 200-day moving averages. cloud names also seeing some selling. the cloud computing etf now on pace for fourth negative day in five led to the downside by z scaler, sprout social, all down almost 8% or greater. it is continue to be a rough environment for these stocks guys, i do want to point out softbank a company that i cove

. >>> good wednesday morning welcome to "techcheck" i'm carl quintanilla and deidre bosa. the sector closes out a tough 2021 we're going to break down how the disrupters themselves are being disrimupted and then tech biggest catalyst from google to netflix to amazon and the new products and announcements that could determine their fate in the new year and then, finally, that big pile of cash in silicon valley. we talked fund-raising and spacks and ipos. a deeper look at how capital is being used inside tech companies to lure employees, win customers and finance investments, d >> meantime, carl, the nasdaq higher and tech continues to underperform and sitting near all-time highs for the broader indices and we're keeping an eye on apple still just inches from that $3 trillion market cap and we're also waiting on a verdict for thernos founder elizabeth holmes as we head into day six of jury deliberations not far from here in san jose. first, a look at a sector that has severely underperformed in the last few weeks and that is fintech. this was supposed to be fin tech's year.

i'm carl quintanilla with john fortt. top 22 pick and they all have a different catalyst and price hike for apple and the bear case for robinhood. then meta, twitter, pinterest the latest to pull out of ces. how they're approaching travel and the workplace amid how investors might play some of the new ad opportunities there, john >> we'll start with that trio of bullish calls on amazon and all the different markets in which the company plays. boy, how do they love amazon let us count the ways. oppenheimer viewing it as a cloud play they favor microsoft saying aws is less stretched from a valuation perspective and ubs looking at the retail side of things analysts write that despite other ecommerce players grabbing market share, they believe growth could reaccelerate to 2023 and they call the stock a top pick as does dana who says consumer technology companies are likely to take a premium spot in the post-covid-19 world. every analyst who covers the company has a buy. not a single sell on the street and just a couple fringe

welcome to "techcheck" i'm carl quintanilla with jon fortt and julia boorstin today it has been a volatile4 hours. the nasdaq rallies more than 2% yesterday, down again this morning. we got two members of the paypal mafia to talk about why it's been such a two months for tech even as broader indexes remain near record hies >>> adobe falling shortly. what cloud and software stocks if any are safe to own right now. >>> plus, one ipo to come in 2022, reddit, confidentially filing to go public. we'll talk with early investors in the company this hour, jon. >> yeah. and we'll start with adobe and falling cloud-related stocks cloud and software names have been at the center of the selloff in tech. those etfs down double digits in the last month hit hardest have been companies that don't yet have profits or where the multiples are highest. as for adobe, earnings in line, revenue beats q1 guide coming in below estimates. shares are fai ing sharply this morning. the ceo we spoke to on monday is on the call which is starting as we speak he'll be on "mad money" tonight at 6:00 p.m. >>> lastly, we'll

"techcheck" starts now ♪ ♪ >>> good thursday morning welcome to "techcheck" i'm carl quintanilla with fortt and deirdre bosa today the dow and the s&p bounce back the nasdaq not quite joining the rally. vix is still above 29. s&p tech the only positive sector over the last month slow down in iphone demand apple joins the rest of tech in this week's selloff. we have an analyst who is still bullish. >>> plus a trio of earnings interviews ceos of snowflake and okta this hour dee? >> roller coasters have taken this past week, vix down massive end of trading yesterday but still almost 30 and the dow and s&p rise for the first time in three sessions the nasdaq is trailing though it flipped into the positive, flat for now. software names have really fallen behind. just the past month, growth names like zoom, crowd strike and spulnk falling more than 20%. mike santoli joins us now. mike, nasdaq sort of on the flatline, now turning slightly into negative i should say but what's been happening the last few days is interesting if you want to blame omicron, you might want to see the state home na

i'm carl quintanilla with julia boorstin and nilay check on the major averages.letely but session highs up 81 dow session low down 613 we have cut that little bit in half by 270 now is the loss and s&p held 4,600 now and now 4,660. let's get a news update with rahel solomon. >> good morning. olive garden and long horn steakhouse garden restaurant seeing its shares fall 5%. the company giving weak earnings guidance and announcing that ceo will retire. it underestimated the demand for take away and delivered meals which made up 28% of olive garden's business this quarter >>> jpmorgan chase a settlement of charges that the bank's brokerage unit allowed workers to use whatsapp to evade record keeping laws >>> shares of novavax are up 6%. emergency list using for covid vaccine developed and now paves the way for the use in the covax program. >>> purdue pharma to overturn its opioid settlement and they are not permitted under the bankruptcy code. you're now up to date. julia, i'll send it back to you. >> thanks, rahel. >>> rivian shares are lower after the company said

"techcheck" starts now ♪ >>> good thursday morning, welcome to "techcheck" i'm carl quintanilla withon fortt and julia boorstin today major averages will try to make it three in a row on this holiday-shortened trading week s&p is less than half a percent from a record high but the nasdaq still trailing the broader markets since peaking on november 22nd >>> plus, ten cent giving away stake in jd.com. and then you can smell what the rock is cooking. how about what he's brewing. dwyane johnson will join us to talk about the streaming land skam, tequila and red notice. >>> let's start with tech stock. the s&p back within 1% of all-time highs in a volatile month. within sectors, what's driving the snapback take a look at this chart. s&p 500 the middle the white line you can see the wide dispersion with fintech sectors. cloud, software and fintech still struggling those blue and green lines at the bottom of the chart off their lows but still underperforming by 15, 20, 30% over the last three months, carl you know, quite a lot of action there to set up '22. >> yep and again, it's been -- wh

. >>> good monday morning, welcome to "squawk on the street", i'm carl quintanilla with jim cramer david faber has the morning off form the ten-year yield remains below 1.4. a busy week ahead. our road map begins with covid variant volatility for stocks and crypto's weekend blowout ev watch, shares of lucid following, while morgan stanley calls rivian the one that can challenge tesla, and the s.e.c. reportedly investigating whistle-blower claims on tesla's solar panel defects. one of the big threads of the morning are the in addition a's on arrivane ae ae ae ance -- ri >> it's almost as if the analysts have become authors and these are grabby headlines i saw the one and immediately i didn't want to readed other. that's jonas being creative, interesting. i'm not saying he's wrong. he points out compelling produces those are all true, which is one of the reasons why i think, when you read that, it could make sense. it does have all the orders it needs. >> a lot of the other initiation involved the stock prices in 2 million cars with a company with no manufacturing record or 20 million cash

welcome to "techcheck" i'm carl quintanilla. deidre is off today. never ever goes down larry ellison takes a shot at amazon as oracle takes a big leg higher and semis continue to outperform a downgrade to peloton the stock is coasting in the wrong direction. we'll talk to the analyst making that call and then google employees say they want inflation pay. why leadership is pushing back and what it reveals about labor in silicon valley right now, julia. >> and inflation data coming in hot this morning, but not as bad as feared. the tech sector is back in the green following yesterday's selloff but the underperformance of growth still the biggest theme. mike santoli is watching that. >> an uneven mark that way it's breaking down in terms of some of the big, more defensive names within growth and then the rest of the market. if you kind of look at how it has set up over the last several months a lot of talk on how the top handful of names in the nasdaq have been disproportionately responsible for the overall year to date gain in the broad composite. the

i'm carl quintanilla with jim cramer, david faber has the morning off. >>> futures suggest we'll get awfully close at the open. the bank of england, the first major economy set to raise rates. cancelled performances, closed stores, delay to return to office, and mcdonald's settling its lawsuit with the former ceo, one of the biggest claw backs for history. here's what the fed chair said yesterday about taper. >> if you look at the state of the economy and the amount -- the strength of demand, the strength of just overall demand, strength of demand for labor, look at inflation, look at wages, i think moving, you know, moving forward the end of our taper by a few months is really an appropriate thing to do i think omicron doesn't really have much to do with that. >> he did say that the taper really the completion is only a couple meetings away and there really might not be that long of a lag behind it. >> he doesn't want to get trapped in the idea that the kind of supply chain problems are solved and he's still tightening you don't want to do that. we saw major commodity collapses in t

i'm carl quintanilla with jim cramer and david faber coming off two days of rallies into the close futures are green as the market hangs on to optimism s&p needs about 16 points for an all-time closing high. vix below 19 today tons of data before the holidays quote, nothing has been good enough as omicron spreads, the president responding to the nation's testing challenge >>> let's say it's a comeback rally as stocks look to extend days to close out what is this holiday-shortened trading week >>> and we're keeping an eye on evs. eloon musk says he's almost done with stock sales nikola tweets about its first delivery >>> a loy to get to today, guys, the good hospitalizations studies out of the uk and south africa you opened your show last night by say maybe omicron this time is finally on the run. >> look, i have to believe it is, only back something that david has talked about, the antiviral. if pfizer can get things beyond 220,000, maybe the government needs to give that formula to a lot of other companies and omicron takes the course of south africa, and we get some sort of vaccine from

i'm carl quintanilla with jim cramer and tadavid faber. following yesterday's 1,000-point swing, the market is hungry the road map beginning with omicron volatility the dow is trying to claw back some of the losses after the biggest session reversal in over a year. >> china is clearing the path for boeing 737-max to fly again. shares are up on the news. >>> apple is moving higher, the company reportedly telling suppliers that iphone demand has slowed, but jim never likes rumors. >> once i found out there seemed to be weakness, i tried to get it confirmed, and any supplier that confirms it is fired. so the idea that any supplier would say to anyone in the press that things are weakened means that that supplier would no longer be a supplier so that's a pretty big contract to lose. on the other hand we have goldman saying supply and demand have met each other, we dbush supply saying it cannot keep up with the demand. so i think that -- i'm going with the wedbush and goldman views, so the telecoms are the biggest buyers so far i understand the

i'm carl quintanilla, with david faber and jim cramer pfizer says early data shows a three-dose regimen does neutralize omicron the s&p needs about 19 points for a fresh closing high we may get halfway there our road map begins with phiers versus omicron >>> plus, well, apple shares are at an all-time high, despite continued reports back and forth that 13 production mae by falling short of targets. >>> and whatever it takes to double capacity for the electric f-150 pickup this has brought us back to the day before thanksgiving close. >> correct i think moderna will say the same thing, you need three, the effectiveness of three is much more dramatic than two, including omicron, and whatever the next five or six what we want to understand is omicron is no more the end than any other -- we could end up doubling the number of greek letters we need. david, when you see this kind of thing and listen to what dr. bourla says, these vaccines are powerful, and for those who keep giving up on science keep selling at the bottom. >> i hope this will mark near the end of the pandemic -- >> it's just

i'm carl quintanilla with john fortt.inhood. then meta, twitter, pinterest the latest to pull out of ces. how they're approaching travel and the workplace amid how in

i'm carl quintanilla with jim cramer and david faber >>> coming up today, faber sits down with bob igerutures are looking to get back some of monday's loss as we continue to wrestle with the omicron wave we await the president's speech offering more federal support, including some free at-home testing. we're going to begin with the stock bounceback wall street trying to rebound after a three-day rout >> and my exclusive with bob iger >> and shares are micron are surging after reporting strong earnings the ceo is going to join us live in just a few moments. jim, let's talk about the bounce here this morning as well as some of the creeping buying we saw yesterday in names like travel despite all of these omicron surges that we're watching >> well, one thing is certain, carl, we had two great earnings reports last night one from nike and nike proved that the consumer is still strong the second will be our exclusive interview with the micron ceo. this is the most important earnings call that you could have it covered all the bases and told you why we could have a semi rebound as far as trav

i'm carl quintanilla with diedra bosa, joanna stern, "the wall street journal" joining us, in just aoing to look at cathie wood's fund having the worst here but first rahel solomon. >> the s&p dow up a fourth straight, with omicron concerns, with the new intraday high for the second day in a row. other stocks have given up earlier gains. >>> oil prizes also on the rice. in more than a month, helping to drive prices up, supply prices overseas >>> home prices in major metropolitan areas jumping again since october. a key index said they rose more than 18% in the last year. phoenix and tampa showing the biggest gains with prices averaging 28%. >>> and weary travelers facing another round of flight disruptions. more than 850 u.s. flights have been cancelled that's in large part to booking shortages during covid back to you. >>> looking at the future of the intranet, the next guest has spent his career learning how to share the giffs and the push into the decentralized internet. he found the company, a blogging platform, wordpress. joining us matt mullenweg. >> good to see you why don't y

i'm carl quintanilla today markets are lower depite positive news that booster s shots. is time now the time to buy? >>> tim cook secret $100 billion with china. >>> finally between crypto and instagram, an awful big day on the hill the latest details as they happen this hour, d. >> we'll start with apple hitting as you said another all-time high as the broader market takes a breather marching towards that $3 trillion marketkeep what a move for not just apple, but all the mega caps. they're up 15% over the last month. as it continues to underperform, apple, that is, faang, tech and s&p by a wide margin up 15% over the last month while names like netflix are down 3. there's also new report from the information detailing the company's relationship with the chinese government, specifically looking at how tim cook back in 2016 negotiated to invest hundreds of billions of dollars. $275 billion into the country to quash a burst of regulatory action against the company guys, this information report perhaps not all that surprising in terms of telling us that apple and beijing ar

january it's 15 year just we have done 3,300 shows and the third time you've hosted you are carl quintanilla you are on the par the nonof cnbc i know i can speak for the others and flabbergasted what was the company absolutely if this thing is a 7 handle and not out of the realm of possibility the market is spooked. the fed's in front and not behind it and taken the word transitory from the lexicon and i think in terms of that they're prepared i don't know what to expect and karen can speak to this. i don't know what to do in the market. >> is there a different playbook for being hot and cold >> i'm not sure what to do as guy said if it is really hot i think that we know that the fed is going to increase the pace of the taper that's baked in. but if it's not so hot are they already committed? do they increase the taper anyway i think they do and made their position known they've primed the market for it i think they should and a hot number is more likely and spooks the market i think the high flier stocks, the multiples can't continue if rates are higher that's the position. i think that eve

. >>> good wednesday morning welcome to "techcheck" i'm carl quintanilla with john fortt and julia boorstin today a chip off the old block the street expected outperformance for semis in 2022 after a 5% dip is now the time to buy >>> then best week ever. that's what uber ceo told our next guest when they speak yesterday. his top internet picks >>> plus comply or good-bye. google tells employees they'll eventually be fired if they don't get vaccinated the cnbc reporter behind that scoop is going to join us this hour, john >> we still have the day off and what's going on here we'll start with bullish sentiment for the chip sector. more than 35% rise this year that's 10% better than the s&p's gain chips hit a snag so is now the time to find winners within semis. nvidia, marvell and intuit and analysts predicting 2022 will bring more of the same this morning deutsche named broadcom, qualcomm and semis top picks. steady performers somewhat depend of market dynamics. qualcomm top u.s. semi stock going into next year pointing to the opportunities in 5g. and then evercorps going in a different dire

. >>> good wednesday morning welcome to "techcheck" i'm carl quintanilla and deidre bosa.021 we're going to break down how the disrupters

. >>> good wednesday morning welcome to "techcheck" i'm carl quintanilla with john fortt and julia boorstinrmance for semis in 2022 after a 5% dip is now the time to buy >>> then bes

welcome to "techcheck" i'm carl quintanilla. deidre is off today. to outperform a downgrade to peloton the stock is coasting in the wrong direction. we'll talk to th

i'm carl quintanilla with jim cramer david faber is in houston with exxon ceo darren woods exclusive. we'll hear from hi in a few minutes. futures are group. oil is back to 68. >>> as you say, carl, there's a lots of volatility in oil prices just this week we'll also talk about any released a couple hours ago or so from the company, in which it codified many of the targets that it shared during the last quarterly earnings report, namely cap ex spending, how much money, $15 billion that it's going to be spending on the various initiatives under greenhouse emissions reduction projects, so plenty of things to talk about, and hopefully get into some specifics there, as shares perhaps rebound a bit maybe some of that due to the board signed off on plan that we have this morning, but as well, jim, also a relief rally in what has been -- well, you can see what's happened over the last week as well prices have moved quite sharply, haven't they >> yes, chevron is up a similar amount, mire charitable trust bought some. i talked about it -- and but, david, i think what i need you to give me is t

carl quintanilla has the morning off.averages. >> we're 30 minutes into the trading session so here are three movers that we are watching this monday morning we're going to start with pfizer, with a new israeli study showing that its booster shot provides strong protection against the omicron variant separately the company announcing a deal to acquire arena pharmaceuticals for $100 per share in cash or $6.7 billion the shares are jumping 4% for pfizer plus, peloton, pedalling higher after a ad over the weekend featuring chris noh after his character's death in the "sex and the city" reboot, following a ride on a peloton bike that includes ryan reynolds, the commercial you can see the shares are up about 5.5% it will be interesting to see what marketing spend on that commercial was harley-davidson, the shares are revving higher after the motorcycle maker announced it's taking its ev division public via spac we'll discuss that exclusively with the ceo in just a few short minutes. david, as i mentioned those shares are up so

. >> good friday morning welcome to "techcheck" i'm carl quintanilla and we're grateful and nasdaq hasows of the day coming off the worst day since september as the valuation reset continues to play out. bofa bullish on amazon and match and thinking about the impact on inflation and rivian down after posting its first result as a public company

i'm carl quintanilla with jim cramer, david faber. bitcoin is back above 51k. oil near 71. markets looking past expectations for a faster taper next week. the dow coming off its best day in nine months. >> plus, intel shares, you're going to see they're surging this after the plan is taking their self-driving car public next year. we're going to talk to the ceo this hour. >> and americans see c-suite shuffle. american airlines ceo set to retire at what point does this start to drag investors back in >> i think at the top of the -- i think this caught a lot of people by surprise, if you go back -- rewind the tape to eight sessions ago, you thought that omicron was basically going to spread the same way that delta did. delta did set back our economy so far that's not been the case. instead what's happened is that the overreaction was so severe, both in oil and common stocks, that you have this moment where people realize, wow, we got really oversold. what can i get in? did i miss the dip i want to call out apple apple got hit by omicron and got hit by the incredible story abo

i'm carl quintanilla with scott wapner futures pretty solid after four straight days of s&p gains ten-yearield is just below 1.47 records within reach, the s&p is coming off 69 record closes this year and the dow less than a percent away from its own new all-time high. >> plus, apple closing up shop in new york city as omicron rips through the u.s. the cdc now cutting the isolation restriction for those infected with covid in half. >>> and the year that was for cathie wood as none of her ark funds beat the s&p this year a look at her moves and what's ahead, carl. >> got a lot to unpack this morning regarding the market action but really, leslie, it was the cdc guidelines, cutting quarantine, isolation guidelines in half that is reflecting a period where thanks to a variant that's a little more mild and thanks to a couple hundred million people vaccinated now, governments can afford to be maybe a little more practical, maybe a little more flexible and that's going to have a big impact on some of the cuts in early '22 growth. >> absolutely. absenteeism is a big thing, you've seen it in airli

on carl quintanilla with kayla tausche and scott wapner david faber and morgan brennan have the morning off s&p all-time high today on this final trading week of the year as the bullish narrative from some strong holiday sales overshadows the omicron worries and the space of cancellations in travel. kayla? >> we're 30 minutes into the trading session now, carl. three big movers we are watching this morning airlines under pressure after more than 1500 u.s. flights were canceled over christmas weekend with more delays expected this week united, delta, american, and jetblue citing a surge in covid cases among flight crews and operation staff. you see those stocks down nearly 2% or more than 2% at this hour. cruise liners giving back games after a third florida-based ship had passengers test positive for covid-19 over the weekend and those stocks down in the 3 and 4% range finally keep an eye on oil, volatile as all these travel headlines continue to impact demand expectations into the new year wti down about a fraction of 1%. it is giving back some of its losses from earlier today off the

i'm carl quintanilla with morgan brennan and david faber live at post nine of the new york stock exchangeree-day rally of the past few days all sectors red except for health care, claims good and waiting for cpi tomorrow wholesale trade out a few moments ago. rick santelli has got it >> yes post sale inventory, october final up 2.3%. replacing the mid month read at 2.2. this is notable because in the entire 29 years since the inception of this number series it's never had a larger month over month change than up 2.2, stands at up 2.3%p we know about supply chain worries but if you don't have anything to sell, sales don't go up. double plus the expectations up 2.2%. that's over double the 1% we were expecting and a large revision to september from 1.1 to 1.7 this, indeed, is very good news to see those numbers kick in and, by the way, if you were paying attention earlier, initial jobless claims, 184,000, was a 52-year low, yes, 52 years, back to 1969 and the beatles. morgan, back to you. >> between the reference and the fact that we're getting good news i'll take it, rick santelli we're 30

. >>> good monday morning, welcome to "squawk on the street", i'm carl quintanilla with jim cramer davidid variant volatility for stocks and crypto's weekend blowout ev watch, shares of luci

i'm carl quintanilla with jim cramer david faber is in houston with exxon ceo darren woods exclusive.

welcome to "techcheck" i'm carl quint quintanilla. stocks are selling off again the nasdaq was down a couple percent a moment ago the high-growth semis versus high growth software the ftc twisting nvidia's arm and where should investors put their money to work. plus on that theme, two big movers today the ceos of marvell and docusign heading in different directions after reporting results. >>> why one wall street firm sees 80% upside from here. the stock is now reversing some early gains. julia. >>> and amid today's selloff in the nasdaq, two sectors stick out. semis versus software. the soxx outpacing and two of the biggest movers in the past 24 hours docusigns and marvell. the chipmaker jumping more than 10% after ceo matt murphy told investors they can expect 9% revenue growth for the fourth quarter and 30% growth in fiscal 2023 meanwhile, docusign seeing a complete drawdown plummets 40% as the company lowers its revenue guidance the report spurring a flood of downgrades and price cuts with citi's tyler calling the results one of t

i'm carl quintanilla, with david faber and jim cramer pfizer says early data shows a three-dose regimenfway there our road map begins with phiers versus omicron >>> plus, well, apple shares are at an all-time

. >>> good wednesday morning, i'm carl quintanilla with jim cramer and david faber.e summertime highs omicron fears obviousl

i'm carl quintanilla with jim cramer and david faber >>> coming up today, faber sits down with bob igerve we await the president

i'm carl quintanilla with jim cramer and tadavid faber.p beginning with omicron volatility the dow is trying to claw back some of the losses after the biggest session reversal in over a year. >> china is clearing the

i'm carl quintanilla with jim cramer, david faber has the morning off. >>> futures suggest we'll getajor economy set to raise rates.

i'm carl quintanilla with scott wapner futures pretty solid after four straight days of s&p gains ten-year

i'm carl quintanilla with jim cramer, david faber. bitcoin is back above 51k. oil near 71.f its best day in nine months. >> plus, intel shares, you're going to see they're surging this after the plan is taking their self-driving car public next

i'm carl quintanilla with jim cramer and david faber coming off two days of rallies into the close futuresclosing high. vix below 19 today tons of data before the holidays quote, nothing has bee

welcome to "techcheck" i'm carl quint quintanilla. stocks are selling off again the na