the ruckus of roku doing the chamath. he steps down as virgin galactic chairman what does that mean for the company? >>> you don't want to miss dropbox ceo this hour. talk about earnings, the cloud, remote and a whole lot more on top of the geo political tensions busy hour. >> busy indeed stocks are lower after a big risk move. the dow seeing the worst day since november 2021 and the nasdaq is on pace for its second consecutive week of losses is now the time to put your money to work? we have joined with some of the cheaper names. you're looking at one valuation and that's priced earnings >> on a forward basis because a lot of traders and investors like to look at the forward price to earnings ratio as a way to gauge what the prospects are today. the price you pay for next year's anticipated earnings. if you look at the s&p 500 tech sector you can see under performance in tech. that's led some people to say, hey, it's the s&p 500's biggest and most important arguably sector many the entire market. can i find certain value

chamath stepping down from the board of virgin galactic a staggering 83% down.ok it public in 2019 and sold the last of the personal stake. at the time it was worth more than $200 million. today he says he is leafving the board in a move expected the spac king said he looks forward to flying to space with the company and speaking of spasz flights leadership changes coming on the heels of a rebrand and galactic opening ticket sales to the public. they did that on wednesday with seats startinging at $450,000 and a goal to reach 1,000 reservations by the time commercial service launches expected in the fourth quarter of this year hopefully getting more details in earnings on tuesday >> would you go up in space? >> yes. >> you would >> yes. >> no doubt? would you pay 450 grand to do it >> if money were no object, yeah. >> interesting oh well. we hope he gets a ticket for all the work gets a flight out of this. >> 700 reservations so far. >> way to go. >>> global cyber insecurity as tensions with russia worsen. is there a heightened risk of cyber attack in the u.s. n

the ruckus of roku doing the chamath. he steps down as

and that is really where the focus is right now for investors and also for the company itself, but chamath halpatiya was outspoken about the longer term bull case that was supersonic travel and that's something we can get into at another time. >> the president will speak on ukraine at 4:00. enjoy the long weekend let's get to the half. >>> carl, thanks so much welcome to "the halftime report." i'm scott wapner front and center, another volatile week for stocks as russia affect investors sentiment as we always do with the investment committee joining me for the hour this friday, stephanie link, jason snipe, shannon saccocia and josh brown. let's check the markets as they remain very much on edge i'll take you to the numbers, russia-ukraine headlines and they continue to dominate. we're watching fed speak closely, the filight to safety continues. the 10-year note yield down, 193 is where it currently sits and shannon, that is one of the great unknowns what happens, if anything over this long weekend with russia and ukraine and what that means potentially for a tuesday morning open i think we

and don't forget chamath it was about a month ago he raised questions about him saying nobody cares about. >> and there was a health care company, too >> he made a lot of money. >> all the metrics were challenged about >> clover. that's right >> clover. i like when lebeau talks about spacks, but the entire spack world in fact has been one of the problems and i think a manifestation of all the fluff in the markets >> joe, but what was so interesting about the spack phenomenon was i think there were a lot of us who sort of saw this as a -- as one of those sort of money grabs by a lot of famous, rich people. and at the time there was so much push back because all these retail investors said, no, no, no, we want the opportunity to invest in this stuff early we don't care about disclosure, we don't care about any of it. >> we had the argument about bitcoin inherently immoral or used for immoral purposes. >> these were supposed to be for high end investors but they weren't getting the same -- i don't know if it's gone for good, but the people who are at the beginning of the spack had different