comcast business powering possibilities. >>> welcome back to "fast money.of zillow plunged to a new low. mark joins us. great to have you with us. you wrote in your downgrade note that you saw the i-buying business as a valuable option. i am wondering to the extent you saw zillow growing by x percent and strip out ibuying, what does it deserve given the ratchet down >> the int which is advertising for real estate professionals, we think it is 10 to 15% growth. should be some margin ex-pension so 15 to 20% over the next 20 years. 15 times high end, 20 times, somewhere in there that's what we think the stock could be worth once we get through the disappointment there is a question mark about the effectiveness of management. >> thanks for coming on. when you look at this and the balance sheet and taking these big write downs and where the stock is now, do you think we will see a big buyback from them >> there is a lot of things they can do one of the things disappointing about this announcement was i didn't know what the back pfill plan was that was plan a. wh

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comcast business powering possibilities. >>> this week's tech selloff would have been a time to shinef they were short only problem is short interest were at lows short interest at a nearly two-decade low as a percentage of market cap around 1.6% levels reached in 2021. previously not seen in the dot com era. a missed opportunity for hedge funds. the short shakeout that's a culprit. that rise in retail activity that would make them go less inclined in general. for those who still felt compelled to go short. this did create a few winners for them including beyond meat and workhorse group which both slumped. you can see beyond down about 6% workhorse down almost 12%. hedge funds lifted their exposure many of those still unprofitable and feeling the brunt this week. comparing this shortage of shorts people get up set with beavers for building a dam in places are we perhaps seeing a beaver effect in short-sellers? for those who take place earlier this year. has lead to the other sidelines when it comes to short sellers because they don't want to become victim to this. people say how histo

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comcast business powering possibilities. your record label is taking off.ou need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire in 2016, i was working at the amazon warehouse when my brother passed away. and a couple of years later, my mother passed away. after taking care of them, i knew that i really wanted to become a nurse. amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse. in filipino: you'll always be in my heart. >>> shares of papa john's plunging 6%. despite better than expected earnings, revenues, comps, margins. jim cramer is staying bullish on the name, saying it is outperforming competitors and generally crushing it. plus, there's shaq point your phone's camera at the code on the screen, or go to cnbc.com/investing club. >>> more than 100 countries pledged to reduce methane emissions by 30% in the next eight years. that was at the cop26 summit the ceo of america's largest n

comcast business powering possibilities. - [narrator] introducing the grubhub guarantee: our promiseood you love on time, and give you the lowest price, or you'll get $5 off your next order. >>> one more thing morgan stanley taking a look at what it calls underappreciated opportunities in the metaverse vr and ai plays saying, quote, we're finally in the early innings of exponential growth. starting out with rayband their stories collaboration with meta platforms the first smart glass product to be commercially viable the chinese phonemaker is both build up virtual and augmented reality apps >>> lastly universal music group opportunities in gaming. i would say metaverse concert opportunities for the music labels john, i got to go to you opthis one. you're the metaverse skeptic what do you think? >> it's not that i don't believe in some of these individual pieces, it's just putting them together sometimes a bridge too far and i just got a text from my wife about giving you a hard time about holiday shopping. she is starting today and i'm always last minute, carl >> we still have a litt

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available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilitiesinflation has become a top concern for many americans but there is a lot of misinformation. this week the labor department reported that prices across a range of products that consumers buy every day have raised more than in 30 years. the causes of inflation is wide ranging. but the global pandemic played a major role. internationally it caused bottlenecks in supply chains, something president biden has been working to correct. as they search for solutions, republicans see this as another thing to rile up the base and they have pounced. they hoped to celebrate the infrastructure package, but the gop think most will blame the pinch they feel at the pump or store on biden. the biden administration is hoping that the trillion infrastructure the president is signing into law will help ease inflation. what is their argument there? >> their argument is that by investing in our roads, bridges, transit, that will get a lot of people back to work, but will also build up the infrastructure that

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comcast business powering possibilities. >>> wb to "fast money," we have an stock up 80% year-to-daterst the earnings showing growth in the core business despite the broadening of e-commerce occupancy and minimum rent per squaremates and simon is raising the dividend a 15% year-over-year for this quarter and that stands under 4%, double what you get on the ten-year and increasing 10d yiee important to these companies and so a 15 cents per quarter dividend increase at 4.5% of the dividend yield gets you the, i don't knm curious how the talman properties are doing versus the simon properties i didn't see if they broke that out. but very stron out >> and by the way, the properties at the end of the second quarter were ahead of 2019 pre-covid levels so i thit the trends are live and the 4.5 on this company is v way to survive with that type of online e commerce mix. i think we're in a sweet spot of people wanting to go back and shop in stores i don't think that the trends toward e-comrc story and for retailers, they've swapped lease prices and lower costs on rent with much higher labor co

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available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. >>> welcome back, everybody. 90 minutes left in the trading session. let's get you caught up on the markets. stocks, bonds, commodities, pricing power is all the rage. start with bob pi sani >> the consumer is looking great. corporations are able to pass on higher costs, great retail numbers, great numbers from walmart, great numbers from home depot. look at the strong earnings here, how it is effecting consumer discretionaries etsy, new high lowes. ulta, a new high for them. tractor supply, a diverse group of consumer discretionary stocks, all consumer names despite worries about inflation, big multinational industrials reported great earnings and profit margins, remain strong passing on higher costs. industrial names, dover, eaton, illinois, tool works, big names like johnson controls, new 52 week highs travel stocks can't decide where to go. the pandemic is over or not. rally in early november, straight down for a week and a half finally s&p poised for a new closing high we're goi

comcast business powering possibilities. haidi: welcome to daybreak: asia.e: we are counting down to the major market opens. shery: i am here where global leaders are gathering to discuss challenges facing the new economy. let's get to the markets.

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comcast business powering possibilities. >>> it's 1995.out how she's feeling. she says i'm sitting here at my desk in october longing for someone to hug me and say keep strong and hold my head high. >> diana is feeling vulnerable. it's the first time she's feeling like she's losing the support of the public. as well as being sidelined and undermined by charles' supporters. >> diana continues i've been battered bruised and abused by a system for 15 years now. i'm weary of the battles, but i will never surrender. >> she felt she needed to put her case directly to the public. >> everyone wanted to get into a sitdown with princess diana. >> this was the biggest tv interview you could get. this was the ultimate get. >> some of the top names in america and britain were angling for diana to sit on a couch, notely oprah winfrey, david frost. really big hitters. what's remarkable she ended one martin bashir. martin bashir got to diana by approaching lord spencer and made allegations how she was being spied on. he claimed her car had been fitted wit

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available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilitiesinutes until the start of trading, a softer tone as people reassess a more hawkish fed. the countdown to the open starts right now. >> everything you need to get set for the start of u.s. trading. this is "bloomberg: the open" with jonathan ferro. lisa: we begin with the big issue, chairman powell's next chapter. >> this is a don't rock the boat move. >> there will certainly not be any conflict. >> elevating the voice of lael brainard to vice chair is important, while keeping the continuity of jay powell. >> we are at a point where stability is important. >> this is the central case markets expected. >> the announcement will give markets more confidence to move ahead. >>

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comcast business powering possibilities. >>> good afternoon, everybody. i'm yasmin vossoughian.oins us. we have new information in the invest of that deadly stampede at a concert in houston. police looking into the role drugs may have played in the mayhem. >>> the biden administration taking a victory lap on the infrastructure bill. the money to spend send to every community and the democrats work on the next big piece of the president's economic agenda. >>> as the january 6

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available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilitiesks, modest losses for the dow to close out the week but the nasdaq is indicated high e, closed higher yesterday along with the s&p we'll show you what's moving. >>> drama in d.c., house minority leader kevin mccarthy is like jimmy stewart, held the floor for eight hours delaying the vote on the president's social spending plan we'll take you live to washington it wasn't a record, though p i think speaker pelosi in a former life did that for longer. >>> social media crackdown, a group of states launching a probe into instagram over its impact on teens. details are next on this friday, friday, friday, november 19th, 2021 "squawk box" begins right now. >>> good morning, everybody. happy friday welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin. and on this friday morning let's look at what's been happy with u.s. equity futures. yesterday the s&p and the nasdaq, actually the nasdaq 100 too all three of them set record closes the dow was down b

comcast business powering possibilities. kailey: we are in our into the u.s.ng day, and it is not looking pretty. abigail doolittle is watching those markets. abigail: it is looking pretty ugly indeed. lots of red on the screen. it feels a little bit like early 2020. it looks like early 2020, especially in the fact that you have some of the riskier commodities and retails selling off. new york crude down 9.2%. it just keeps going down, the worst day since april 2020, the lowest since september. take a look at copper, also down 3.6%. in early 2020, you had continued selling and all of these markets, but not so much for the s&p 500. the s&p 500 now down about 2%, and we can see it is quitting moving down towards the 50 day moving average on a sloping rsi. when that happens in the past, it typically means that they have had that 50 day moving average. in one case this year, below the 50 day moving average. we were looking at the russell 2000 on its 200 day moving average, so brutal selling. the airlines, the cruise lines, marriott also down sharply on the idea th

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available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilitiesore retailers reporting today. we'll bring you the results from macy's and kohl's and show you what a major company said about the supply chain crisis. >>> deere and 10,000 workers end their month-long labor strike after agreeing on what's dubbed a landmark contract deal. >>> plus, tech stocks,nvidia surging while cisco slides we'll dig through those reports straight ahead it's thursday, november 18, 2021 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen and andrew ross sorkin. and check things out this morning. u.s. equity futures are looking up after a down day yesterday for the markets dow down by 200 points, the biggest decliner was goldman sachs. it has the dow on track for a down week for the second week in a row after five weeks in a row of being up. but this morning the dow is indicated up by about 75 points. the nasdaq and s&p were also down yesterday the nasdaq is indicated up this mornin

available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities>>> welcome back to the program. softbank has posted a net loss for the second quarter and an 80% drop in net profits for the first half of the year its flagship vision fund suffered a $10 billion investment loss amid a sharp devaluation in its china portfolio following a crack down by beijing in the tech sector. berkshire hathaway has posted an 18% jump in operating profit on the year to $6.6 billion, but they missed estimates as hurricane ida hit its insurance operations despite setbacks they said many of the businesses, including energy and railroads benefitted from the economic reopening. >>> the continued rally in equity caused testhem to sell se of their stocks. >>> on the macro front, job growth in the u.s. topped expectations rising by 431,000 for the money. the leisure and hospitality sector led the way, supported by gains in professional and business services. wage growth grew by .4% on the month but jumped almost 5% on an annual basis amid inflationary pressures. >>> the hou

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comcast business powering possibilities. >>> welcome back to "fast money. her break-up johnson & johnson shares rising after it announced it was spinning off its business. >> this has been talked about but is actually happening. the $15 billion will be traded into a publicly-traded company within the next two years. that leaves a $77 billion in phrma suit cal and medical devices. brands like tylenol, band-aids and listerine. >> our phrma and medical device business tend for more of a relationship in intermediaries, and most importantly, where we see things going into the future, we feel now is the right time to make this move ultimately it will allow us to reef more patients and execute in a much more focused way >> generally pretty positive on this plan. if you look at the projected sales growth, expected to grow by 5.8%. these are projections from wells fargo. the stock this morning when the deal was first announced was up 4% it sell theed down to a fairly muted 1% or so at the end of the day. >> johnson & johnson not the only company heading to splitsvill

comcast business. powering possibilities. >>> good morning president biden, democrat lawmakers planning a push this weekater today the president is going to meet with china's xi jin jinping. >>> plus news out that royal dutch shell is dropping its structure and saying good-bye to the netherlands. it's monday, november 15th, 2021, "squawk box" begins right now. >> good morning, everybody welcome to "squawk box" here on cnbc i'm becky quick along with joe kernen, andrew is off today. why don't we look at your money. going to check out first with the u.s. equity futures. green arrows aross the board dow futures up about 128 points s&p up by 12, nasdaq up by

comcast business powering possibilities. >>> and a very good day to all of you from msnbc world headquarterhis hour to president biden's build back better act and the ongoing negotiations to move it through the senate. >> having been in conversation with senator manchin and senator sinema over the last couple days, my strong view is that everybody is trying to find a path forward. you can always tell when people are trying to get to "yes" or whether to trying to find an excuse to say "no." i have a strong feeling democrats in the senate want to get to "yes." >> $1.6 trillion act includes

available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities live from london, i'm guy johnson. alix steel is over in new york. this is "bloomberg markets." let's talk about retail earnings and alzheimer's drug controversies continuing to lead today's movers. there's a biogen story, a retail story. kriti gupta is covering it all. kriti: biogen under some pressure after facing doubts on its alzheimer's drug after facing pressure from an eu authority. you also have cassava sciences down 24% after the dow jones reported they may be the target of an sec investigation that alleges data manipulation for their own alzheimer's trial. he also had to the upside eli lilly seen as a beneficiary for its own alzheimer's drug. i want to take a look at some of those retail earnings because that is what the upside drivers in the s&p 500 are really. it is that same diversion you saw yesterday between home depot and walmart. essentially, consumer discretionary, disposable income still coming up strong. same story here for the parent company of t.j. maxx, an addit

available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities date with our top stories this hour. a u.s. ban on most travelers from south africa and nearby countries now in effect as the world races to contain the omicron variant of covid-19 which has been found now in more than a dozen countries as well as territories. president biden will deliver remarks on omicron later today and g7 health ministers are set to hold talks on the variant in the coming hours. we'll have more news on that throughout the hour. >>> taiwan is accusing china of conducting so-called gray zone warfare. beijing sent 27 planes into their protected area. christi lu stout is in hong kong with the latest. christi, what more do we know about the incident? we have been here before? >> reporter: we have been here before and taiwan is in a position where yet again it has had to scramble its jets to warn away china's air force. the incident took place on sunday. some 27 chinese military planes entered taiwan's air defense zone. this is not the territorial air space, this is a b

comcast business powering possibilities. >>> welcome back.lks set to begin after a six-month hiatus. u.s. is making it clear it will remember -- work to make new details. nic robertson joins us. a lot has happened since the last talks. what should we expect today? >> reporter: the clock is ticking which means iran has been able to get more uranium and centrifuges. this breaks the nuclear deal they've signed in 2019. these are proximity talks. not officially called proximity. the u.s. isn't in the room here. they're all around the table with the iranians trying to figure out how to bring the united states back to the table. the iranians have a more hard lined president. he has said that the only way this can move forward and bring the united states back into the deal is for the u.s. to drop sanctions. well, in recent weeks the united states has put additional sanctions on iran for cyber crimes essentially trying to change the outcome of the u.s. presidential election in 2020. they put sanctions on senior figures within irans drone production a

comcast business powering possibilities. >>> good morning vaccine mandate backlash business groups pushingr large employers. their reaction is straight ahead. >>> in washington, the house preparing to vote today on president biden's spending plans. but after the democrats' election night disaster can an infrastructure bill make it through congress make it through the house? it's already been done in the senate >>> it's jobs friday tell you what to expect from october payrolls it's november 5, 2021 and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box." right here on cnbc i'm andrew ross sorkin along with joe kernen. becky is off on this friday morning, jobs friday as joe mentioned. u.s. equity futures ahead of the numbers. let's show you where things stand all of this likely to move around at 8:30 when we get the numbers. the dow looks like it opens up 21 points higher, nasdaq 71.5 points, the s&p 500 up

available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilitiesis legislation is going to change the lives of every american, and for four years long, for four years long, the last president told us we're going to get the infrastructure done, but he couldn't get it done. so it was left to us, and we got the job done. >> that's president biden late today basically saying what many have forgotten with all the washington push and pull. donald trump failed. he talked a lot about infrastructure. he claimed to support it. he had control of the congress and didn't do anything about it. the president pushing this victory lap right now after a victory that really reshapes the first year of the biden administration, this infrastructure bill. tomorrow biden goes to the port of baltimore. he'll be outlining what the bill does and how it can affect americans, their jobs and the opportunities they have. now, this is something that again people say, does anything ever change, is the news always the same? the last four or five years have had all kinds of things o

available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilitiesay to all of you. welcome everyone to alex reports. here's what's happening a little past 2:00 p.m. eastern, 11:00 a.m. pacific time. we begin with a pager turning point in the january 6th investigation. steve bannon, the trump ally and advisor, now facing criminal charges for failing to comply with a subpoena issued by the select committee. law enforcement officials tell nbc news bannon is expected to turn himself in on monday and then appear in court that afternoon. well, house investigators are hoping this will send a clear message to those who are considering defying their committee. >> this is a really important message to future, you know, invited witnesses, future folks that are subpoenaed. you cannot ignore congress. the reality is you may not like it, you may not like the investigation. you may think nothing wrong was done, but you're not going to be able to avoid it. >> meantime new reaction from the white house has inflation hits the highest level in three decades. just last

comcast business. powering possibilities. >>> happening now, breaking news.ur we'll go inside of the tension-filled courtroom and we'll unpack the verdicts an implications. also lawyers for president trump argue that the house probe into the january 6 capitol insurrection to damage the presidency. the federal court weighs the claim next week. and holiday travel back to pre-pandemic levels and covid celebrations are on the menu for america's second pandemic thanksgiving. welcome to our viewers in the united states and around the world. wolf blitzer is off today. i'm jim acosta and year in "the situation room." >> announcer: this is cnn breaking news. >> and let's get straight to the breaking news. cnn's martin savidge is live for us in brunswick, georgia. take us inside of the courtroom. >> reporter: you know, jim, the moment that it was announced that jury had reached some kind of verdict, there was electricity that just pass the through all of brunswick, many came to the courthouse, they wanted to be present physically. and then came that first

available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities>> delegates to the cop-26 climate summit have just two days left to firm up an agreement to keep global temperatures from rising above 1.5 degrees celsius. but their drooft aft deal is fa stiff opposition from saudi arabia and russia. boris johnson returned to glasgow wednesday in hopes of ceiling the deal. >> we have to bridge the gap between where we are and where we need to be if we're going to cut emissions in half by 2030. and we need to pull out all the stops if we're going to do what we came here to do, and that's keep 1.5 alive and make paris the success that the world needs it to be. >> cnn's phil black is live this hour in glasgow, scotland. phil, boris johnson seems to be cutting a frustrated figure there. >> reporter: indeed. i think you're right, kim. this first draft is important. it doesn't fix a lot. the progress is incremental. we didn't expect it to be particularly ambitious, but crucially it does keep the process open. there is some strong language there, referencin

comcast business powering possibilities. >>> good monday morning.> i'm jim sciutto. back in washington, president biden set to speak in glasgow, scotland, this hour as we looks to re-establish the u.s. as one of the leaders in the global fight against climate change. right now, hundreds of world leaders are gathered for what's known as the