art, thank you, art "goldilocks" cashin >> always the best. >>> after the break, oil's rapid rise crews crude is up more than 50%, and touching its highest level as opec meets we'll ask an expert where oil could be headed next you're watching "closing bell" on cnbc.

art, thank you, art "goldilocks" cashin >> always the best. >>> after the break, oil's rapid rise crews crude is up more than 50%, and touching its highest level as opec meets we'll ask an expert where oil could be headed next you're watching "closing bell" on cnbc. hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. ♪ watch the olympic games on xfinity ♪ ♪ root for team usa and feel the energy ♪ ♪ 7000 plus hours of the olympics on display ♪ ♪ with xfinity you get every hour of every day ♪ ♪ different sports on different screens, ♪ ♪ you can watch it anywhere ♪ ♪ and with the voice remote ♪ ♪ you never have to leave your chair ♪ show me team us

it's a little bit goldilocks i always hesitate to use that expression first used by my friend art cashin used on the floor of the stock exchange. but that seems to be where we are at the moment. >> and stephanie, amd, google, microsoft, apple what are you looking next week as especially important reports? >> yeah, i'm going to call it super tuesday, rahel, because it really is going to be a tremendous day let's step back for half a sec 20% of the companies in the s&p 500 have reported. so far really good, beating estimates by 18%, mainly led by financials which have beaten expectations by 26%. the rest of the market is up about 11%. i think that's going to continue i've been very encouraged this past week how broad based the beats were and the guidance raised across the board to j&j, and a whole lit any of companies that raised numbers. what am i looking for? certainly i think the big four that you guys were talking about earlier, amd, google, microsoft and apple, they all will have very strong reports. no question in my mind the question is what's guidance going to look like number one

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now the state of california is working on plans to use cashin capture to reach its aggressive goal of at the center for law, infers and environment at uc berkeley it was considered too expensive. >> the price has already come down dramatically. as it scales up, i think it's not unrealistic to think this is a viable opportunity. >> alex says the world needs about 50,000 carbon capture plants by 2050, which would cost a colossal investment. the captured carbon dioxide can be used to make fuel, plastics, even bubbles some of it is sold to coca-cola. ironically oil producers like exxon and chevron are investing heavily, because the carbon can be used to release trapped oil underground. >> we have to expand this. this is not a question of can we, it's a question of we have to >> it's a new industry it's just getting its feet wet, but i think the possibilities are quite substantial. >> reporter: carbon removal offering a knew opportunity for the carbon credit market right now companies can go ahead kretz for avoided emissions, but in a net-zero world, they also not only have to lower, but r

art cashin, thanks for joining us today. >> my pleasure. >>> as we head to a quick break heerks is athe u.s. chamber of commerce ceo talking labor shortage, infrastructure, and more. >> yeah, including that chip shortage causing ford to slash vehicle production this month. we will discuss that with mark fields. >> and chinese president xi taking a hard line to ford intervenes ij will take you live to being. s&p session high do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. [ "me and you" by barry louis polisar ] ♪ me and you just singing on the train ♪ ♪ me and yo