get to rahel solomon. >> hi, deidre.d morning jon mentioned, s&p 500 and dow industrials set new record highs held from a nearly 10% surge in march retail sales and weekly jobless claims fell to the lowest level in 13 months. >>> u.s. imposing a new round of sanctions on russia holding the cremekrecreme rinne accountable solarwinds hack. barred from buying russian bonds. >>> and delta, big recovery since earlier this year. saying that bookings doubled between january and march. that the company is no longer burning cash. >> of all that i'm most amazed by doing this while still missing 50% of our revenue base. international still largely closed business travel continues to be quite muted and still not selling the middle seat until next month our team's doing a great job. >> now up to date. back to you, carl. >> rahel, thank you. >>> you know, companies and celebrities use facebook all the time to interact with customers and fans some start-ups are trying to flip the script. julia has more. >> celebrities with millions of

. >> i'm deidre bolton. mona is off. we begin with the breaking news.the largest police departments in the country has been the victim of a cyberattack and is facing an apparent extortion attempt. >> washington, d.c.'s police department just announced that hackers breached its computer networks stealing sensitive data including intelligence reports, jail records and other files. d.c. metro police say hackers obtained information on informants, and they're threateninging to share that information with local gangs unless the city pays an unspecified ransom within three days. >> the department says the cyberattack was carried out using russian-speaking ransomware. the fbi is now investigating. this is the third police department in the u.s. to be hit by cybercriminals in the last six weeks. we are going to bring you more details as soon as we get them. >>> now to north carolina and new details about the police shooting of andrew brown. his family was shown only 20 seconds of body camera video of the shooting. they insist he was shot with his hands on the s

, thank you, deidre bosa zbi be i will ask you the question deidre started the report off with.lip or could it be the start of something sustainable? >> well, since march of 2013, every one of the these has been a blip you look this is a $220 stock and citizens then literally eight years of lower lows and lower highs. and i think that's one of them now. i'll say this, the quarter was good gross margins came in north of 47% better than the street was looking for. but, you know, we have seen in movie before, i think. the caveat is if you get a close above 141, i think that changes that entire eight-year well defined downtrend. i just don't think you see that, mel. >> dan, what do you think about the turn around what some might consider a turn around >> well, it's interesting, mel, when they report reported the q4 was the down 10% like that supposedly this is a good report, good guidance, they endorsed the full-year view and the stock up 3.5%. i think investors are looking for any opportunity to get out of this. the thing is a roll jum. any of the cloud growth coming from the red h

. >> yes, and it works, deidre. >> i know. you tested it out in real-time yesterday.ng the digital pieces big props, big shout-out to fahima who is doing all of the work putting them together >>> bullish on amazon's scaleability and forecasting growth of one-day shipping jm morgan as with the know on apple, bearish on the company's tax prospects, estimating a raise of corporate tax rates to 28% would claw back any benefits the company gained through tax cuts under the tmpru administration tech check continues in a moment he load. wealth is saving a little extra. worth is knowing it's never too late to start - or too early. ♪ ♪ wealth helps you retire. worth is knowing why. ♪ ♪ principal. for all it's worth. w >>> let's talk cloud data. a ceo telling me subscription revenue is up $594 million you might recall that company went private in a $5 billion buyout six years ago with that kinds of numbers might not be private forever they also announced the data management cloud it is a play on so many companies using multiple clouds. here is what wally told me about the multi

we'll be watching the debut of deidre's show, tech check. it begins on monday.ing to join the gak and carl our own -- jon fortt is going t be part of the gang too. it's going to be something to watch. >> thanks, andrew. >>> with amazon stock, what's at stake for shareholders he's senior managing director at evercori si. what do you think this vote means for amazon >> i guess if you look at it in terms of the numbers, this is almost immaterial. you're talking about one of maybe 200 distribution centers, one of hundreds of fulfillment centers. if you add up all of the facilities that amazon has, this is the second time in a decade there's been an attempt to unionize one of the facilities it looks like it's not going to happen maybe doing it in a state where amazon is paying 2 x the minimum wage may not have been one of the most effective ways to unionize a facility. i'm not sure if this facility had unionized, maybe it still will, it still is a tiny fraction for amazon whether that happens to other facilities or not, i think it's a reasonable bet that in the next

has been great to be part of "squawk alley" over all of these years, and it has been so much fun, deidreco-anchor the show over the past year of covid. i am really looking forward to what we have coming up, carl we have rick dara, we have others it will be great. >> we will see you all on monday let's get to "the half." >> all right carl, thank you so much. >>> welcome to ""the halftime report". i'm scott wapner front and center this hour, the third inning that's where famed market watcher jeremy siegel says the boom in stocks is. it is a big call we will debate if he is right and what it means if he is joining me for the hour, shannon shikoski, jim lebenthal along with pete najarian and kevin

deidre, thank you so much. >>> we'll be right back with something much lighter, "pop news."ot really good at masking my depression. but inside was a different story. even though i'd been on an antidepressant for months, i was still feeling depressed. is there anything more i can do? yes, adding rexulti may help. when taken with an antidepressant, rexulti was proven to reduce depression symptoms an extra 62% compared to the antidepressant alone. so you can stay on your current treatment and help build on your progress. rexulti can cause serious side effects. elderly dementia patients have increased risk of death or stroke. antidepressants may increase suicidal thoughts and worsen depression in those under 25. call your doctor about fever, stiff muscles, and confusion, which could be life-threatening, or uncontrollable muscle movements, which may be permanent. increased cholesterol; weight gain; high blood sugar; decreased white blood cells; unusual urges; dizziness on standing; seizures; trouble swallowing may occur. when depression sets you back, keep moving forward. talk to

has been great to be part of "squawk alley" over all of these years, and it has been so much fun, deidre, to be able to co-anchor the show over the past year of covid. i am really looking forward to what we have coming up, carl we have rick dara, we have others it will be great. >> we will see you all on monday let's get to "the half." >> all right carl, thank you so much. >>> welcome to ""the halftime report". i'm scott wapner front and center this hour, the third inning that's where famed market watcher jeremy siegel says the boom in stocks is. it is a big call we will debate if he is right and what it means if he is joining me for the hour, shannon shikoski, jim lebenthal along with pete najarian and kevin o'leary is here as well. i will take you to the wall as i always do to start things off, show you where the trade currently is we do have a big jump today in inflation. so rates are up a little bit they're at 163, 164, no big deal, right? there's the dow, up 75 the s&p, nasdaq, everything is positive at this hour, but it is the big call from jeremy siegel. i want to show you the sou

deidre bolton joins us from wall street with what's behind the rally.ood morning, deidre. >> reporter: george, friday morning stocks opened higher after thursday's record gains. ghs, the dowme ever. the u.s. economy is firing on all cylinders and investors love that. economists say increased vaccination rates are helping businesses re-open, and the stimulus program is helping a lot, exactly as intended. for example, in march alone, consumer spending at restaurants rose more than 13%. retail apparel sales jumped more than 18% showing that americans are getting out, and they are spending money and that is feeding the recovery. in addition, fewer americans applied for unemployment benefits last week. the best week in 13 months all the way back to march 2020. next 12 months easier than the last 12 months, george. >> okay, deidre, thanks very much. cecelia? >>> we turn to the fatal police shooting of daunte wright, the former officer who killed the 20-year-old making her first court appearance. stephanie ramos is in minneapolis with the latest on this story.

her call for issue, of $650 billion in special drawing rates from the imf to help poor countries deidresteve, a lot in there thanks for bringing it to us as we get a sense of her priorities. >>> as we go to break, checking in on shares of gamestop lower after the company announced plans to sell up to 3.5 million shares at the market offering despite sales up 11% from the same period a year ago >>> coming up, the chip shortage continues. subaru the latest name to shut its plant over constraints we will discuss what's next for the industry right after this break. stay with us. ings dif that's why we're a fiduciary, obligated to put clients first. (money manager) so, what do you provide? cookie cutter portfolios? (judith) nope, we tailor portfolios to our client's needs. (money manager) but you do sell investments that earn you high commissions, right? (judith) we don't have those. (money manager) so what's in it for you? (judith) our fees are structured so we do better when our clients do better. at fisher investments we're clearly different. >>> amc an upgrade from neutral to buy $13 pri

momentum rally and seeing resurgence this year how do you feel about them jthts g >> good to see you, deidreacy tech, value tech held up well year to date. not terribly surprised high-growth, high-quality consolidation base and expect it to continue in the next months as we switch and look at '22, that growth scarcity that you wanted out of the internet groups, companies that can sustain 20% plus revenue growth not for a year or two but for five years, because of these secular growth drivers, the market's coming back to those and that creates the opportunity for real out performance in names like facebook, google, amazon as people focus beyond covid and look into '22, then a switch back from value tech, if you will, to growth tech. >> right to newer names facebook and amazon. talking a lot about regulatory scrutiny going to continue to talk about it today that's still not a worry for you when it comes to a name like face facebook and what could happen with 230 >> right if we're wrong on amazon, facebook and google probably because of regulatory risk making a bet, spent a lot of time analyzin

and the bodega getting r-- and the biden administration getting ready to have recovery on taxes >>> deidre >> rahel, thanks. >>> calling it new star wars versus muppets breaking that down >>> want to know cathie woods under the radar stock picks. subscribe today. >>> back in a moment ceo of adobe is right after this break. in the romo household we take things to the max oh yeah! honey, you still in bed? yep! bye! that's why we love skechers max cushioning footwear. they've maxed out the cushion for extreme comfort. it's like walking on clouds! big, comfy ones! oh yeah! 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. keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the mom

technical touchdown, chart matt master breaking down big bets on cryptocur and canna we start off with deidre bos on amazon's car . >> another record quarter surpassing $100 million and no slow down, expecting q2 sales to 110 and $116 billion. nearly every segment, aws, cloud business, to online sales to subscription services, advertising included under other revenue. it's now the fastest growing business accelerating 73% in the first quarter. only segment that fell short was whole foods, where amazon has struggled to gain share in grocery. bezos notes in the release prime video streaming hours are up 70% year-over-year remember there are now 200 million prime subscribers. the cfo just told me that this year will be another investment year for the company they will spend in areas like content which he says to expect increase year-over-year. seen a big jump over the previous year as well. capacity, they said they'll spend on middle mile and increase of same day and one day delivery the call kicks off in less than 30 minutes bezos is never on it but this is his penultimate quarter before handin

good morning, by the way it's deidre. >> good morning. >> sonos held its own against tech giants, evenrcutting your devices, but their own smart speakers, and earlier this morning we talked about clubhouse and expecting facebook to come after them with its own audio product and on massive scale. what advice might you give another company when they're about to go head-to-head with big tech >> first of all, a great sign that i've been saying for a while. we're in the golden age of audioand watching rise of social audio on top of groat-of-great growth in streaming music, pod kwavts and audio books the last fur years, tremendous it's different, quite frankly, deirdre, when another big tech company is jumping in because they don't have the same constraints. watching facebook and companies like snap i expect go in guns ablazing and not spare any expense. quite different than the way a company like ours has to compete. compete in this kind of, in this kind of environment in having to make sure that you're both getting intellectual property you need ensuring your inventions are properly protec

. >> thanks for having me, julia is it deidre or dee?pecially on the platform. >> when we stream we call her dee. >> i'm a big believe in the value of streaming consumers love them, big fan bases. >> what is going on with hbo and max? >> we added 11 million subscribers to hbo max, hbo total in the year in the u.s that was 40% growth from q4. we're super happy with that. >> coo of hello sunshine. >> when hello sunshine was founded, i want to say 4% of films were directed by women, where women make up over half of the movie going audience. >> letter to coo of black list. >> we needed to do better for a long time because the social consequences of not doing better are catastrophic there's $10 billion a year in revenue lost because of anti-black market bias. >> tim league. >> we have a single data point of 75% that came to see godzilla versus kong. what we are seeing is the emergence of the vaccinated coming back, and what do they miss most? getting out and having experiences out in the wild. >>> you can watch the entire hour-long conversati

analyst martin crockett, deidre, expects parks to be back operating at pre-pandemic levels by fiscalise. pentup demand there. thank you so much. >>> coming up, alex cart made over a billion dollars last year read why on cnbc.com >>> plus, the votes are in best performance by a tech company when we come back. ♪ ♪ over $1.5 billion last year. that's decision tech. only from fidelity. everyone wakes up every morning to a world that must keep turning. the world can't stop, so neither can we. because the things we make, help make the world go round. they make it cleaner, healthier, and more connected. it's what we build that keeps things moving forward. so with every turn, we'll keep building a world that works. >>> for our crowd source we asked what tech company you thought was the best performer this week. most responses say ingham au zon, following that massive earnings beat. carl, i think apple was robbed >> we will see, guys next week, another quarter of the s&p is going to print, so enjoy the rest over the weekend. let's get to "the half." >>> carl, thanks welcome to ""the halftime

. >> now, deidre, it technically wasn't live in the show but it was nice of satya nadella of micr microsoftn foundry and building up chip and we were told first here, yes, absolutely we are staying in the driver's seat with mobileye. >> yeah, you know, i loved that video montage. a little bit of a humble brag for us because this week really went off without much of a hitch at all we had some really, really great voices we have to give a lot of credit to the people behind the scenes who made the show happen, for lining this all up, the graphics team to make a splash with something new here on cnbc, julia. we have lots more ahead which will be really excite in we are only getting started here >> lots more ahead, deirdre. great interview with brian chesky i think that interview touched on so many of the themes we see as the technologies driving today's economy. i think what we're seeing now, and i said this earlier this week, is that every company is now a tech company we are going to see these trends, whether it is block chain, whether it is dispersed workforce or whether it is artificial int

. >> let's get to deidre who is often a call with the amazon cfo what more can you tell us. >> he saidng capacity, both at middle mile and the end delivery to increase one-day and same-day delivery. he also says expect more spend on content for prime video we saw a huge jump over the last year he said to expect that to increase once again year-over-year engagement has gone way up. he also address the moving up prime day to the second quarter. he said it had nothing to do with trying to help with tougher 2 q comps but rather they optimize for better customer experience and think it is better for customers and vendors to move it up a little he mentioned the employment dip from q4 to q1 you generally see a decline in the number during that period and in part this year had to do with them seeing warning signs in mid-february that the pandemic and lockdown were coming so they scrambled at the start of the pandemic to hire a lot of people and are reverting now. >> i guess an investment period to come but head count for the first time in a while did decline. are we expecting it to go up again

deidre with some of the details and highlights, especially when you talk about the union vote. >> yesnt and probably future business those comments on labor in the wake of the union vote in alabama. he asks in the letter does your chair take comfort in the outcome of the recent union vote, no he doesn't. i think we need to do a better job for our employees. now for decades guys, amazon has put customers unapology gettically first and that to its extreme efficiency also perhaps tough labor practices amazon has been accused of, andy jassy will be the new ceo will have to thread those numbers. amazon prime members 200 million an increase from 150 million from last year and spent $11 billion of video and music content up from $8.7 billion the previous year. to put it in context, netflix spent $17 billion on content in 2020 back to you. >> amazing what he has built, it's a really good read for a shareholder letter thank you. stocks finishes at the record highs, s&p and dow more earnings on deck and we'll talk to the ceo of pnc to find out how regional lenders are fairing with the rebound i

de deidre. >> yeah, we're gearing up.head, you've got dara you've got an amazing lineup this morning >> we do the whole team worked really, really hard. we got dara coming up. and the biggest stories that you guys are talking about this morning, we've got dara khosrowshahi on uber, what was interesting this morning, the driver experience, not just ride sharing side but food delivery, how did they confront that we know uber is spending $250 million on incentives. is that enough that's something we're asking dara we've got pat gelsinger, new intel ceo, on a day we're talking to the white house on chip summit. and you guys look forward to much more. i've got to compete with you, though, i know you got so many of the ceos and founders in my states and tech. we're going to keep coming for you. we've got reed hoffman this week as well. stewart butterfield. go ahead >> we're on the same team. let me ask you this, on the microsoft nuance deal, fascinating transaction. we expect that they actually have it -- we're getting it as ea

deidre, really good luck with reopening the hotel and i hope it goes well for you.ed for up to 30 people, as well as outdoor wedding receptions for the same number. tomos morgan is in cardiff for us this morning. many places we have already been to this morning are saying that they are sold out of their outdoor hospitality venues. this pub is in the centre of cardiff and all the seats are sold out at lunchtime and all the seas across here will be sold out as well. at a venue upstairs, a roof garden, there is room for 160 outside, tables of six for many households, they are fully booked all week. people are really looking forward to have a drink with their friends outside once again. as you mention, outdoor hospitality opening in wales today and as well as at outdoor weddings will be taking place. and outdoor group activities, so gyms and fitness classes can also take place. gyms inside will not be opening in wales until next monday. although it is a good day for many businesses, you can see over the road here a restaurant here has got no outdoor spaces, so they cann