microsoft and it orchestration by cdw. ♪ ♪ ♪ cisco.e. >>> let's run you through the numbers. the industrials are up 360 points this would be record highs for that as well as the s&p 500 not just holding on to 4,000 but building on that much, up 1.3% nasdaq higher. tech stocks coming back very strongly the russell a bit relatively of a laggard. >>> growth outperforming value, tyler. the three best performing stocks on the s&p all have ties to the reopening trade. we talked about norwegian cruise lines submitting that letter to the cdc, tesla, and the two sectors that the in the red, energy and real estate it really tells you where investors are placing their bets. >> thanks for watching "powe lunch. "closing bell" starts right now. >> welcome, everyone, to "closing bell. i'm sara eisen along with scott wapner who's in for wilfred frost. the dow and s&p 500 setting intraday records the nasdaq is up more than 1.5%. we are tracking for two record closes sentiment starting off on a high note following friday's blowout jobs number. march job

at cdw, we get these new ways of working bring new threats.hat's why we started an office commune. not a security concern around for 50 miles. unless you count the wolves. and all the llama milk you can drink. you know at cdw, we can design a security solution using hp elite devices with real-time threat intelligence to help protect your data from new threats, anywhere you work. anywhere? ring the bell thrice, we're going back to the office! for technology that moves you forward, trust hp and it orchestration by cdw. no one likes to choose between safe or sporty. modern or reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach helps them personalize experiences with watson ai while helping keep data secure. ♪ ♪ ♪ from banking to manufacturing, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. ♪ ♪ ♪ (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business uses unconventional thinking to help you

at cdw, we get these new ways of working you can act quickly. bring new threats. started an office commune. not a security concern around for 50 miles. unless you count the wolves. and all the llama milk you can drink. you know at cdw, we can design a security solution using hp elite devices with real-time threat intelligence to help protect your data from new threats, anywhere you work. anywhere? ring the bell thrice, we're going back to the office! for technology that moves you forward, trust hp and it orchestration by cdw. >>> basecamp causing an uproar on twitter a blog post outlining a new rule which discourages societal and political discussions while using company accounts and platforms. for more on the decision we are joined by basecamp co-founder and ceo. david, thanks for being with us and explaining this further. i understand both sides of this, how such a policy can be constructive, but mandating such a policy seems to go against the entire point here. trying to make something that is inherently political, apolitical, how are you not creating a new kin

. >> degus, you bought more cdw. >> it has two different business lines.er is the rotor rooter plumbing the hostage care revenue really hit hard the outlooks lowered we can redeploy the capital into company like cdw it makes the technology products and services servicing the local governments and schools. it has a good operating ksh flow yield of about 10% it has return on assets about 16% staple eps we like the fact it's eps growth will be around 8%. a good, strong company in space we like. >> okay. joe, you did not score in score media. tell us what happened. >> no. >> i did not it was significant pull back to where you had a spike low on march 5th at 18.50 i got too aggressive it reached for it. i didn't incorporate any patience into the timing event i bought it above $25. i endured a 15% loss i normally don't like to do. i like to mitigate risk at all times. how to get out of the stock. i was stopped out of it. doesn't change the fundamental story of the stock but it looks positioned to challenge the mar of 5th low at around 18.60 i'm not going to be t

microsoft and it orchestration by cdw. then make it! that means cooking day and night until... [ ding ] success! that means... best burger ever. intuit quickbooks helps small businesses be more successful with payments, payroll, and banking. >>> it is time, it is time for the lightening round buy, buy, buy, sell, sell, sell and then the lightening round is over are you ready ski daddy? time for the likening round. i'll start with steve in new jersey, steve? >> caller: hey, jim, thanks for taking the call. >> my pleasure. >> okay. i'm calling about a stock that my son and i both have a portfolio, e commerce stock ran up very nicely during the stay at home economy. it's pulled off a little bit with the reopening imminent. it down about 23% off the february high. what do you think about shopify? >> i think you got a chance to buy the stock 23% from the high. and that's just what you want because this company is lights out, it's really the fulfillment to the start second biggest after amazon so you want to own it mark in florida, mark? >> c

microsoft and it orchestration by cdw. people who get it.that petco, microsoft and it orchestration by cdw. is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea. ♪ ♪ petco. the health and wellness company. >>> julia, we had a blast last night with "techcheck's" streaming show, looking at the future of entertainment out of the oscars on sunday what was your big takeaway we talked to so many interesting people >> well, dee, there's been so much digital transformation of the media and entertainment space over the past year of the pandemic with films going direct to consumer and the rise of new streamers. last night during our livestream we put a spin on the usual tech focus with a look at the convergence of tech and hollywood featuring a powerhouse lin

microsoft and it orchestration by cdw. people who get it.one gets our best deals on all smartphones. let me break it down. it orchestration by cdw. you got your new customers — they get our best deals. you got your existing customers — they also get our best deals. everyone. gets. the deals. questions? got it. but, why did you use a permanent marker? because i want to make sure you remember. i am going to get a new whiteboard. it's not complicated. only at&t gives new & existing customers the same great deals on all smartphones. get up to $800 off our latest 5g smartphones. . >>> welcome back to "techcheck." i'm carl quintanilla with deirdre bosa and jon fortt, recovering from a couple days of losses although the major indices on track for the biggest weekly loss in a couple months netflix, the big decliner, tesla up about 0.5%. let's get a news update, rahel has that for us. >> good morning, everyone. less than a day after the guilty verdict in the derek chauvin trial the justice department is announcing a sweeping investigation into polici

microsoft and it orchestration by cdw. people who get it.l have hr stuck between employees and their data. microsoft and it orchestration by cdw. entering data. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it drags the entire business down -- with inefficiency, errors and waste. it's ridiculous. so ridiculous. with paycom, employees enter and manage their own data in a single, easy to use software. visit paycom.com, and schedule your demo today. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea. ♪ ♪ petco. the health and wellness company. >>> i'm excited about this week. last week par technology that makes technology for restaurants and retailers announcing a deal buying a compa

microsoft and it orchestration by cdw. people who get it. >>> welcome back to "power lunch. it is time for ""power movers. draftkings gave up the gains as the details around the language of the law and when the rules could change is vanlg. >>> snapchat surging 6% and 15% in a week saying data from the platform shows a 6% increase in users last quarter. >>> finally, dell technologies rising today after deutsche bank called it a top recovery idea for 2021 saying that i.t. spending will continue to recover. >>> how a largest private real estate company in america is getting into bitcoin we'll talk to rick caruso and a guy with an amazing first name, tyler winklevoss about the new partnership right after this smart thermostat uses geofencing to simplify how homeowners manage comfort and costs. emerson. consider it solved. it's a thirteen-hour flight, that's not a weekend trip. how homeowners manage comfort and costs. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm tak

microsoft and it orchestration by cdw. people who get it.rance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. our friends sold their policy to help pay for their medical bills and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned that we can sell all of our policy or keep part of it with no future payments, who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. 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 numbe

microsoft and it orchestration by cdw. people who get it. ♪ i wish that i knew what i know now ♪ ♪ when i was younger ♪ you need a financial plan that fits the way you want to live in retirement. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want. the right financial professional can show you how. this is what an annuity can do. ♪ ♪ we see temperature control software giving everyone a shot at vital vaccines. at emerson, our software is shepherding medicines through every step of the cold chain, helping track conditions to keep each dose safe and effective. emerson. consider it solved. >>> it is time for the final power movers of the week and this is no april fool's joke chip stocks making big moves to the upside as investors remain wary of the global chip shortage micron higher. taiwan semi with an investment to increase capacity and lam research and amat hitting all-time highs today chip stocks flying

microsoft and it orchestration by cdw. people who get it.w geico could save you hundreds on car insurance and a whole lot more? so what are you waiting for? world's strongest man martins licis to help you break down boxes? arrrggh! what am i gonna do to you box? let me “break it down” for you... arrgggh! you're going down! down to the recycling center! >>hey, thanks martins! yeah, you're welcome. geico. switch today and see all the ways you could save. the world's first fully autonomous vehicle is almost at the finish line what a ride! i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea.

microsoft and it orchestration by cdw.wish that i knew what i know now ♪ ♪ when i was younger ♪ you need a financial plan that fits the way you want to live in retirement. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want. the right financial professional can show you how. this is what an annuity can do. ♪ ♪ >> welcome back to the show, futures indicating what could be a higher opening in the opening bell the dow jones higher by 21 points, nasdaq, 28, s&p 500 up by 5 let's take a look at the themes and sectors you need to keep an eye on in weeks ahead. check out what's happening from a specter perspective from the s&p 500. over the course of, say, the last six or so months we've seen value stocks outperform stocks by a wide margin 28%. that value trade has been a theme since vaccines came into focus in fall of last year now, take a look, though, at some of the sector performance in the shorter term here

for instance, like a cdw so you're going to be moving into those companies, a cdw, for instance, providesservices and products to local governments and educational facilities the covid relief really helped out because it put another $350 billion into local governments and also $170 billion for educational facilities so a company like cdw will do quite well also infrastructure. we've been talking about the infrastructure bill. a company like new core, which is a steel producer that uses recycled scrap to produce its steel is doing exceptionally well in this market. and so we really like it because ultimately the operating cash flow yield is around 27 p%. there's a lot of upside and it's been doing well in the last 60 days and lastly -- >> go ahead. >> and so we can get into some other names but just wanted to talk about some places where you could start looking at for opportunities. >> well, the point being and i read this statistic earlier. last year's losers that are so far this year's winners, you think that trend continues >> not so much the losers. we're looking for quality. and i thi

at cdw, we get these new ways of working bring new threats.ommune. not a security concern around for 50 miles. unless you count the wolves. and all the llama milk you can drink. you know at cdw, we can design a security solution using hp elite devices with real-time threat intelligence to help protect your data from new threats, anywhere you work. anywhere? ring the bell thrice, we're going back to the office! for technology that moves you forward, trust hp and it orchestration by cdw. right now, you're planning for your future. whether it's employee number two, or employee number two hundred. you deserve to work with a team as invested in your future as you are. learn more at massmutual.com that building you're trying to sell, as- you should ten-x it.re - ten-x it? are. ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no m

microsoft and it orchestration by cdw. people who get it. microsoft and it orchestration by cdw.reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach helps them personalize experiences with watson ai while helping keep data secure. ♪ ♪ ♪ from banking to manufacturing, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. ♪ ♪ ♪ all the things, all around you where you learn, work, and fly we help make them healthier. we are the people of abm. for more than 100 years, we've been a leader in making spaces cleaner, from the things you touch to the air you breathe. today, more than 100,000 of us are innovating to ensure spaces are more efficient, healthier and safer. abm. making spaces healthier for you. >>> welcome back there's how we finished on the session down, that big intraday selloff around 2:00 p.m. on reports of a capital gains tax hike potentially in the works from president biden all three of the major averages down about 0.9%. time now for a cnbc news update, rah

at cdw, we get these new ways of working bring new threats. a security concern around for 50 miles. unless you count the wolves. and all the llama milk you can drink. you know at cdw, we can design a security solution using hp elite devices with real-time threat intelligence to help protect your data from new threats, anywhere you work. anywhere? ring the bell thrice, we're going back to the office! for technology that moves you forward, trust hp and it orchestration by cdw. ♪♪ ♪♪ ♪♪ and that ending was so intense. i know, i didn't even see it coming. are you gonna watch? eventually! you know the drill. (humming) never fear, girl-who-has-yet-to-watch-her- friends-favorite-shows -and-films-of-the-year, it's time to celebrate the biggest week in television. now you can see these shows. and their unforgettable moments, for free. so you can finally talk about them with your friends. get ready for watchathon week, free starting april 27th. download the xfinity stream app to get ready to watch. >>> welcome back to "squawk on the street." i'm dominic

microsoft and it orchestration by cdw. people who get it. lives...y cdw. by staying in touch... and showing you care... because now, each time you order online or tap in-store with your mastercard at restaurants and grocery stores, mastercard will donate to stand up to cancer, one precious cent at a time, up to 5 million dollars. together, we can start something priceless. >>> coming up when we return, amazon apologizing for a snarky tweet. we have details coming up next and equity futures are sharply higher after the jobs rertpo we are back with so much more in just a moment. cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a complete financial plan. visit letsmakeaplan.org to find your cfp® professional. ♪♪ we're carvana, the company visitwho inventedan.org to ficar vending machinesional. and buying a car 100% online. now we've created a brand-new way for you to sell your car. whether it's a year old or a few years old. we wanna buy your car. so go to carvana and enter your licens

at cdw, we get these new ways of working expedia. bring new threats.. unless you count the wolves. and all the llama milk you can drink. you know at cdw, we can design a security solution using hp elite devices with real-time threat intelligence to help protect your data from new threats, anywhere you work. anywhere? ring the bell thrice, we're going back to the office! for technology that moves you forward, trust hp and it orchestration by cdw. oo. >>> good morning futures pointing to a higher open among the biggest drivers, earnings including blockbuster numbers from apple and facebook. the next test, economic data two key reports this hour, weekly jobless claims and a first read on q1 gdp plus, president biden said wall street didn't build this country. this morning investors are reacting to the economic plan as the final hour of "squawk box" begins right now >>> good morning and welcome back to "squawk box" here on cnbc i'm joe kernen along with becky quick and andrew ross sorkin watching three big stories this hour impacting the market and your mo

microsoft and it orchestration by cdw. people who get it. let's meet the defending champs.invested in invesco qqq a fund that invests in the innovations of the nasdaq-100. like 3d rendering software. become an agent of innovation with invesco qqq. ♪ >>> welcome back to "squawk on the street," breaking news, yes, we have our construction spending february, expecting the number down 1%, a smidge better, but still negative down 8/10 of 1%, sequentially this follows 1.7, although this could potentially be revised but we have pulled much of that forward, weather breaking is going to be an issue to the plus as we move down the calendar as well ism manufacturing, this is a march number we just saw the market pmi this of course may be the bigger brother. 64.7 64 64.7 that is a much stronger number than we're expecting 61.5 expected and in the rear view mirror, 60.8. 85.6 on prices paid. that of course is a bit hotter, but it's pretty much in line with our last one which is 86 and if we look at new orders, 68.0, a nice jump from 64.8 and finally, considering what week it is, on the

microsoft and it orchestration by cdw. people who get it. >>> good friday morning.ur of "squawk on the street. i'm carl quintanilla with morgan brennan and david faber. opening brings us new highs once again on the dow and s&p although we've setted back a touch as morgan stanley puts the closure to this first big week of earnings. >> we're going to talk about that more as i introduce you to our wall of fortune. we're 30 minutes into the trading session. here are the three big movers we are watching starting with morgan stanley posting below results in what has been a blowout week for the banks. morgan stanley had $911 million in losses tied to the acay gose fund meltdown. we're watching comcast raymond james upgrading the stock telling clients to expect strong results when comcast reports on the 29th of april and we continue to track coinbase purchasing 110 million of that stock, you can see right now shares are up about 1.5% trading around 327, 328 a share. consumer sentiment is out. rick santelli has that for us. >> these are april preliminaries. in a couple weeks

microsoft and it orchestration by cdw. people who get it.is. so we get to work. we mend, fighting for every person in every neighborhood; we, the coming of the common good. so dare to care, to be hope-sided. we're never divided, when we live to give, we always live united. cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a complete financial plan. visit letsmakeaplan.org to find your cfp® professional. ♪♪ did you know that petco, vis now a health andorg to finwellness company?ssional. their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea. ♪ ♪ petco. the health and wellness company. >>> welcome back to "squawk on the street." it is time for our e the tf spotlight. we're looking at the ticker xar. it's been shooting higher in rece