i'm deirdre bosa with carl quintanilla and jon fortt. the real standout here, up 2 1/3 percent after being helped by the earnings texas instruments shares up nearly 4%. helping the whole tech space. >> coming up, meta expected to report its first ever decline in revenue, taking a hit from the digital add slowdown that sent shares of snap, twitter and others plummeting. julia boorstin joins us with a look at what to expect tonight is this going to be more of snap or more of alphabet? >> well, that's the question meta shares are up nearly 4% this morning in the wake of google's better alphabets, better-than-expected results those shares are still down nearly 10% for the week ahead of earnings this afternoon. these earnings are expected to be when meta reports its first ever decline in revenue after last quarter its facebook app reported its first ever decline in users this all comes as investors br brace for meta to suffer from tall same issues that hurt other platforms, macroeconomics, challenges regarding apple's operating system and gro

let's ask deirdre bosa deirdre? >> well, kelly, let's put it this way gone are the days of big starss the event or lady gaga debuting her beauty line. so in a sense, it is scaled down, but the deals are still there. but the best ones are for the company's own devices. 21 out of 22 of the top deals are for amazon's own products or alexa-enabled devices. more broadly,prime day has become a more subdued event than we have seen in recent years, and that isn't necessarily a bad thing for investors. markets have been focused on how recession fears, high inflation, over capacity, how that is raising costs for the company and hitting the bottom line. so cutting back on promotional spend around prime day, clearing out inventory for its own products, that could help with profitability in the third quarter. and rather than use the event to pick up more prime members, of course, it is doing that, as well, but amazon may be focusing on harvesting those more than $170 million members it already has signed up. it may want to show

. >>> i'm carl quintanilla with deirdre bosa and jon fortt qualcomm shares are falling despite a beat as guidance comes in below estimates yet another ceo warning about the macro picture. plus another weaker number and that's meta. as bad as feared, stocks down almost 8%. best buy, comcast, service now all turning sharply lower. and confirming all that corporate guidance gdp comes in light. we'll get a first read on q2, that's two quarters in a row of slowing growth although, jon, we should point out other companies raising their guidance there's a bit of a mix today >> more and more i'm looking ahead to q4, because that's going to be so decisive in what directionally is happening here. the messages are so mixed we see the consumer light that's reflected in qualcomm, lower end hand sets, not as popular, you have signals like that and what we have from walmart earlier this week, the consumer shows up, to what degree there's inventory overhang and, deirdre, and what that means for revenues flowing through to customers and into the economy we're still several months out >> just like the

shannon is here to break down the crucial moments of the trading day, plus deirdre bosa and sam stovall. the s&p 500 did snap a four-day win streak on friday look like it might post its second day of losses here, but all major averages are on pace for their best monthly gains of the year all the mega caps report this week we've got a fed meeting. we've got a gdp report >> wow, what a story there is so much going on and so much to look at. i think it's a great week. we're going to get guidance. we're going to get that gdp print. everyone has been concerned about a second negative print. are we in a recession. we're also going to get great housing data i think a late will create much better context for investors than maybe we've had over the course of the last couple of months where it's one big statement from the fed or it's the cpi print. this week we're going to get some real interesting data the more data we can get is a really positive thing for investors. i'm looking forward to hearing what the fed has to say. many of us who are stating it will be positive, it will be interesting to

"techcheck" starts now >>> good wednesday morning i'm carl quintanilla with jon fortt and deirdre bosa today the great rebundling continues. what it means for the subscription ecosystem as businesses try to capture consumer demand and rising rates from apple to disney, we'll talk about it finally we'll check in with the ceo of arm on what might be one of the year's biggest ipos. >>> we'll kick off with am soft's shift into food delivery or maybe back into food delivery it was here once before. just eat, the parent company behind grub hub announced amazon is taking a 2% stake in grub hub which could eventually grow to as much as 15% if certain metrics are met. in return, amazon prime subscribers in the u.s. will get one year of grub hub plus added to the list of benefits. take a look at the shares of grub hub competitors, uber and doordash dash down about 8% these companies have been moving into things like beauty, electronics, convenience that's amazon territory right there. so this perhaps is amazon saying i see you guys, i'm going to keep tabs on you and i'm going to help the number

here's abc's economics correspondent, deirdre bolton. >> reporter: tonight, with inflation near a 41-ar high, families are cutting back. >> instead of three gallons of milk, we get one. >> reporter: one california resident is finding a creative solution. >> i started a garden. >> reporter: food up more than 10%, gasoline 60%, and rent up more than 25% for the average one-bedroom apartment. brianna golden is a mom of three and says her costs are doubling. >> i'm exhausted because i have to work myself to the bone just to get them their basic necessities. >> reporter: the average american family is paying $493 more per month for the same goods and services compared to this time last year. for miranda beninger and her family, it's changing their vacation plans. >> my husband and i are both teachers, so we try to keep things pretty frugal. we're going to be camping. >> reporter: americans are making more money, but pay raises are not keeping up with inflation. and for some americans, that means turning to credit. >> you see savings going down and credit card debt going up at a time intere

here's abc's economics correspondent, deirdre bolton. >> reporter: tonight, get ready for a $44 billion legal battle between one of the world's richest men and twitter's board. >> it's very difficult to end this agreement between musk and twitter. if it's a scale of 1 to 10, i might say an 8. >> reporter: with billions of dollars on the line, commitments from banks, a binding merger agreement, and a $1 billion break-up fee, the stakes are high. >> i think elon musk would love to be able to pay a billion dollars and walk away from this deal, but he's not allowed to do that because he agreed to purchase the company in the merger agreement. >> reporter: musk claims that twitter did not provide enough iformation about the number of fake accounts on the social media platform. twitter denies this. the head of twitter's board tweeting friday night it plans to sue. one legal expert says the falling stock market is a factor in the timing of elon musk trying to back out now. twitter's stock closed at $36.81 on friday, well below elon musk's offer of $54.20. tesla, the main source of elon musk's w

deirdre? prices are coming down at the pump, but they're still high i guess we're all still driving. >> even higher here in california thank you. >>> we're going to turn back to amazon the stock's still rallying now up nearly 11%. our next guest is getting more bullish, up ping -- its price target up to $180. joining us is ubs analyst lloyd wamsley. it was a good quarter. everyone seems to agree on that. however, once again, wall street doesn't care about amazon's profitability. two straight quarters of a loss and this quarter at the low end, operating income could be zero dollars. is that risky? if markets turn again, they value value more, could that be a leg down for amazon in the back half of the year? >> i think the trajectory here on amazon is definitely higher in terms of margins and profitability. they've been going through a really tough period in terms of really absorbing a lot of the inflationary costs, passing less than a typical company would along to consumers or businesses we're

abc's deirdre bolton has more. >> reporter: the winning ticket was sold to a mystery customer at a speedway gas station in a suburb of chicago. >> we haven't heard from the winneryet. we don't know whether or not they even know if they won a prize. >> reporter: friday night's jackpot champion isn't the only winner in the mega millions. 26 other tickets sold across the country matched the five white balls. their owners taking home $1 million apiece. six of them were the megaplier worth $2 million. but the big winner of the night, set to take home a whopping $747.2 million before taxes. >> oh, my god, do i know this person? >> reporter: now, experts say the winner should secure the lottery ticket before they claim the winnings. >> make a copy and put the ticket in a very safe secure location. >> reporter: according to the illinois lottery, winners of prizes of $250,000 or greater can ask that their name and municipality be kept confidential. timothy schultz who won a $28 million powerball ticket in 1999 has a good sense of what the champ might be feeling right now. >> take a moment and relax

ab's deirdre bolton is here with a look at what it will likely mean for our budgets.d morning, deirdre. >> reporter: if you are trying to buy a house, get a loan for a car, or take out a business loan, this is a big week for you because the cost of all those transactions may be going higher. trying to combat inflation, the fed has raised rates three times this year. making borrowing more expensive. consensus on wednesday the fed may do more of the same. matching the move it made in june. some say the fed could be more aggressive. if you credit card debt, it will go higher on wednesday if the fed moves as forecast. if you're looking to buy a house, earlier this year it was relatively easy to find a 30-year mortgage at 4.5% or cheaper. that same loan will come with at least 5.8% now. the bigger question is whether the fed can pull off what's called a soft landing, slow the economy enough to cool inflation but not so much that it tips into recession. a recent poll of economists showing an another interest rate hike would increase the odds of a recession to 40%. we'll fin

. >>> staying with amazon, deirdre bosa is looking at andy jassy.ne year ago he took over for bezos, succeeding a founder never easy >> never easy. in this case it's hard to imagine a more challenging first year he took over just as amazon was exiting over capacity issues, he would lose several key executives like dave clark who ran the core e-commerce business, and over that first year, amazon has shed some 650 billion there's in market value. it just closed out its worst quarter since 2000 how much could investors blame jazzie he was running amazon web services, which was see growth reaction sell race however it was likely he was working closely with others and had a hand in things like union messaging, which has been a series of miscalculations that led to an historic win for one union at the staten island warehouse. the bigger question for investors is can he fix they issues we know the history, it went on to sell more than just books to become the behemoth that it is today this time it may be the vast capacity and logistics network that, yes, w

let's speak now to deirdre wells, chief executive of visit kent which is a region in the south east ofeaking to us on bbc news, lovely to have you. first off, there is a letter that has been written to send to the government what does that letter say? what written to send to the government what does that letter say? what we are lookin: what does that letter say? what we are looking for _ what does that letter say? what we are looking for is _ what does that letter say? what we are looking for is some _ what does that letter say? what we are looking for is some support - what does that letter say? what we i are looking for is some support for, to me, the transport disruption that we have had, mainly at the port in terms of the transport instructions on the road. but now we have the rail disruption on top of that, what we are really looking for is a recognition that we host one of the major international gateways in kent, responsible for over 80% of all our freight traffic. and as we enter the busy holiday season, we want to make sure that when people are departing for holidays, or arriv

thank you for bringing that to us. >>> amazon shares popping double digits deirdre, you've been coveringong time now. so basically the nuclear winter for tech has not materialized. actual optimism, amazon's quarter separated they saw a step up, and they have already started to get warehouse over capacity issues under control. like microsoft, it did deliver and guidance was positive, it was upbeat the street doesn't seem to care with another quarter of losses in the third ceo andy jassy has demonstrated he knows the amazon playbook, and he's demonstrated he's going to use it to emerge from the pandemic even stronger, even if that means shedding nearly 100,000 employees in the last quarter alone. amazon's views on inflation, that could curb some of the enthusiasm today they expect them to remain strong, if amazon doesn't think inflation has peaked, there's at indicator for now, though, amazon previously -- looks like a re-acceleration story. that's what the street is focusing on now, as others are having to take their medicines >> there's no question that guidance it was to the up side tha

i'm carl quintanilla with jon fortt and deirdre bosa stocks reversing to the upside after early lossesgh still in the red dow down 211 cpi down on the year the ten-year done a complete reversal, back to 295. first a news update with christina. >> good morning, carl. here is what's happening at this hour president biden says the 9.1% jump for june consumer prices is unacceptably high but also out of date. in a written statement released by the white house, the president notes today's number doesn't fully reflect recent price drops for energy even so he calls inflation the country's most pressing economic challenge. >>> based on today's inflation report, the 2023 social security cost of living adjustment may hit a record high. the senior citizens league estimates it could be 10.5% increase -- a 10.5% increase unless price pressures cool in the coming months. >>> canada's central bank is out with a surprise interest rate hike today, a full percentage point. it hopes to avoid higher rates later on an cool inflation without causing a recession. >> kristina, thank you we've mentioned it, uni

i'm carl quintanilla with deirdre bosa and jon fortt cutting forecasts on weakening demand, what thatames like microsoft and apple. plus, is the cloud recessionproof a check in on the enterprise side of things ahead of results from google and amazon this hour and then finally, ever trade crypto on coinbase according to the s.e.c. you may have broken the law. that story coming up later as well, jon. >> we'll

deirdre bosa brings us with the details.l keep being busy. >> still two of the most crucial names so far have to go tonight. there is a sense of relief alphabet, microsoft, were less than expected. meta was bad, but shares perhaps cushioned from greater losses today, semi results have been mixed, but meta hasn't been the meltdown that some feared. questions today, though, on whether that was over -- we were just discussing this, and we talked a lot on this about "techcheck." is less-bad really good enough the fundamentals are still facing some headwinds. zuckerberg said ad demand will persist, and they're already running up against -- it's holding up better, with the details on cloud as well texas instruments provided some optimism earlier this week but qualcomm was last night. the headwinds are not expected to ease soon we headed into the huge week, now that we're nearly halfway through earnings season, relief, however, could quickly turn depending on what we get from amazon and apple will amazon be more -- for apple, it is

a big impact on the nasdaq, which is up 2% we're joined by other own deirdre bosa with more >> a senseing, certainly evident in their stock movements, relief that make -- results from both alphabet and microsoft, they did -- there was no meltdown revenue growth still in the double digits. the markets, they'll take it more importantly, perhaps, they were optimistic. they were still there, strong dollars, lower pc sales. resilience and alphabet. they were able to deliver despite the headwinds, certainly proving more revisilient. microsoft signed a report number of azure cloud contracts they also forecast 40%-plus cloud growth in the fourth quarter. beyond the better themed, both companies did express uncertainly about the macro, and take google's youtube, just 3%, down significant ly. >>> dee -- for more, make sure you join us. >>> no shortage a topic today. we'll turn to chipotle results it's up 14%. indicate rogers joins us now with chipotle's ceo brian niccol thank you so much, sara. good to see you, brian >> good to see you. >> while that's not chipotle's -- i'm wondering when you th

here to break down the crucial moments of the trading day, pippa stevens and deirdre.ay in a row besides energy, most of the other sectors are working. it's utilities and technology at the top of the market. i don't know what to think you come into a day like today after we've seen a few days with traders thinking maybe the worst is over as far as inflation, as far as the federal reserve hiking interest rates so aggressively but then we just heard from oksana aronov at jpmorgan saying it's too short term in terms of the thinking and inflation is quite sticky so what do you do? >> i think this is the big conundrum for the whole year the cross currents are pretty deep and in the short term these rallies and sell-offs are white noise because you really can't discern what the next move is for the markets, but i will say this we decided a couple weeks ago to start adding risk back into our portfolio. i think you've seen other investors stepping back in, not the stay-at-home bubble pop names but the kind of long-term technology that can deliver reliable growth, have strong b

abc's deirdre bolton has been scouting out the best bargains for us.fficial kickoff is tuesday but there are deals to be had today. refurbished tablets available now, early half off models on amazon fire tablets, along with echo, echo dot, some kindles, also clothing in some circumstances, off more than 20%. ♪ when's that prime day ♪ >> reporter: this morning, some shoppers are getting ready to click on amazon prime day deals. it's only 48 hours away. >> they know that people are out there shopping. >> reporter: the official sale extravaganza starts on tuesday. some amazon brands will be up to 79% off. for example, a $49.99 insignia 32-inch fire tv, 72% off. a $99.99 fire amazon 50-inch tv, 79% off. many big brands will be offering great deals on amazon's platform. keurig, cephalon cookware, american girl dolls, toys including from mattel, fisher-price, lego, and marvel. experts say retailers including amazon are very aware of consumers facing off against inflation at a 40-year high and are offering extra deals on essentials. >> consumers are tightenin

deirdre bosa is looking at how these stocks hold up names like zoom video and docusign up big. >> theye been trashed this year so it is the most oversold growth names in today's session leading the nasdaq 100, zoom, docusign, datadog have been hit hard since the start of the year now investors are dipping back in just ahead of the earnings parade they're also less sensitive to the big multi nationals that make up the dow. you mentioned the gig economy. check out doordash other big names also doing quite well today and then there's coinbase down 80% year to date that's also up more than 10% or almost 10% in today's session. maybe the cherry on top is that 10-year yield which we watched so closely briefing dipping below 2.8 today. higher rates based on future profits and easing of yields that may be helping to ease the selling in these names take note of bitcoin, though it has acted like a risk asset and it is less today than some of the other risk names, peaking above 20,000 just in the last hour or so back to you. >> so you've studied and covered a lot of these names during the pandemi

deirdre bolton has some advice. >> colored pencils, backpacks and tablets -- these are some of the itemschool shopping lists. >> there's very long lists for classroom >> and clothes shopping. with inflation or a 41 year high, prices for many of these items are rising. >> our latest survey shows families planned -- planned to spend over $860 on average. >> which would be slightly higher than last year. >> among the back-to-school items are electronics, clothing and shoes. only spending on electronics's plan to stay at more or less the same level that last year. shoppers are forecast to spend more on clothing and shoes. exactly what mom kate snyder is seeing personally. >> a lot of our inflation, things i've been able to see have been things like backpacks and clothes and shoes. >> in addition to bargain-hunting early, she found a creative in-house solution. >> i have two daughters and they are pretty close in age. it's nice because we can swap things. like their backpacks they used last year, we will swap them this year. >> in addition to pro tips like shopping early in considering store

. >> deirdre, waiting to see if they have a comment regarding the lawsuit.ched out to the company, haven't heard anything let me bring you up to speed with what we know. it was filed in california state court by 15 former and current employees. the complaint, racial abuse and harassment this is not the first time we have seen a lawsuit filed against tesla accusing the company of having an environment where racism or discrimination is allowed earlier this week a federal judge ordered a new trial regarding a discrimination suit. we're not getting into all of the details there, but this is something that has been happening here now for more than a year that tesla has been dealing with these complaints. this suit comes a day before tesla finished the quarter, and they finished the quarter which means do we get q2 deliveries. when will we get them. unlikely today more likely we see them tomorrow most analysts drew down expectations for second quarter. not hitting the 310,000 delivered first quarter because of the lockdown and covid restrictions in china. that sev

it for squawk on the street this morning, tech check starts now >> happy friday i'm jon fortt with deirdre and carl quintanilla. today data beat expectations calming fears of a recess, but not yet enough to save the nasdaq from another week in the red. analysts have seen enough cutting price targets across the board. today we'll look at important calls on microsoft, apple and netflix which reports tuesday. the private markets continuing to feel the same heat. more on stripe's $20 billion valuation cut this hour and what that says about investors expectations. >> we kick off today with a look at the consumer on this week full of data points despite some hot inflation and higher producer prices the metrics earlier in the week. july retail sales beat estimates, sentiment remains near all time lows probably most important is a look at the inflation expectation on five year 2.8, which the estimate was for 3, the prior was 3.1, the peak was 3.3. so consumers are getting the sense maybe prices don't spiral out of control, implications for the fed. >> yes going back to what jamie dimon said yester

starts right now >> good monday morning, welcome to tech neck i'm carl quintanilla with jon fortt and deirdre bosa today a make or break week ahead for he can nolg as key names like microsoft, apple, google, meta and amazon all report results. we will talk about the key risks to watch out for and that's on top of results from nearly a third of the s&p as bofa warns stay out of the in networking names we will discuss that finally don't miss an exclusive with the ceo of klarna this hour the company's valuation plunged 85% or almost $39 billion. >> carl, back just in time for our super bowl, that is big tech earnings, that kicks off this week every mega cap name you can think of along with smaller but not small names, nxpi, shopify, nearly a third of the s&p, 40% of the dow will be reporting results. dom chu joins us with thebreak down i'm rested and ready, it's going to be a big one. >> it's going to be the super bowl like you said this is going to be what constitutes the biggest influence on where we could see markets going with regard to the fundamental side of that equation, charts aside, ma

deirdre bosen has the morning off. a few minutes from now, a battle takes off between twitter and elon musk. >> twitter and elon musk lawyers are right now facing off in virtual court for the very first time as the two sides make their arguments about how soon the case should take place before this is all happening before the chief judge of the delaware chancery court. now, twitter is asking for a four-day proceeding in september, arguing that shareholders and its business have been left in limbo, but musk says he needs until february to investigate spam and fake accounts, saying trial prep will, quote, be extremely fact and expert intensive, requiring substantial time for discovery twitter shooting back to that in a filing late yesterday, writing, quote, the earliest possible trial day is imperative, saying the very public dispute harms twitter with each passing day musk is in breach the chancellor who is hearing this, mccormick, could announce her ruling as soon as today. and the october 24th deadline for completing

it good discussion tonight don't miss the tech trade, hosted by our deirdre bosa featuring cathie wood and dan niles and more he was pretty negative on the names on monday shorting a bunch of them. didn't work out too well for him. look forward to hear from him later tonight at 6:00 p.m. on cnbc. >>> it is a strong week for tough but harder for retail after walmart and best buy, we'll discuss the landscape with the columbia sportswear. we have nearly every sector positive energy and consumer discretionary and industrials lead staples and health care are the two ones that are lower. we'll be right back on "closing bell" here on cnbc thanks for coming. now when it comes to a financial plan this broker is your man. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? j

deirdre, good morning. >> we saw the government report showing u.s.mer spending increasing more than forecast as americans paid more in june for goods and services. many say, though, this isn't the bright spot that it looks like, since americans are more or less being forced to spend more on basics as prices rise. also on friday, another key measure of inflation that the fed watches closely, the pce, set a fresh 40-year high. these data points are part of the push and pull in the agument as to whether or not we're in a recession. in addition, concerns about inflation and how aggressive the fed has to be to manage it, events such as the war in ukraine disrupting various idustries are two big x factors. on the other hand, optimists say we're not in a recession, according to earnings posted this week, apple and amazon doing better than forecast, showing that many parts of corporate america are strong and likely to keep hiring, reinforcing the labor market's strength. we are going to get another piece of the puzzle on friday, the july employment report. e

i'm carl quintanilla with deirdre bosa and jon fortt cutting forecasts on weakening demand, what that means for consumer focus names like microsoft and apple. plus, is the cloud recessionproof a check in on the enterprise side of things ahead of results from google and amazon this hour and then finally, ever trade crypto on coinbase according to the s.e.c. you may have broken the law. that story coming up later as well, jon. >> we'll start this feed with consumer weakness. walmart warning that shoppers are spending more but getting less because they're spending it all on food and energy higher margin items like apparel and tvs therefore not moving walmart shares plunging taking down names like amazon and etsy in the process and more evidence of a consumer slowdown logitech reporting a 38% fall in profit cutting outlook on slowing demand for webcams and gaming equipment, though keyboards and mice, things like that actually sell more and shopify shares also under pressure cutting 10% of its workforce, its ceo saying he expected surging e-commerce sales to continue, quote, it's now clear

. >>> good monday morning, welcome to tech check, i'm carl with john and julia deirdre has the morning off. markets are rallying a bit, although we're off session highs. the nasdaq's trying to make it three up days in a row the stocks have not hit new lows in about a month have we found a bottom we'll talk about that. >>> plus, could another poor earnings report make netflix a target for m&a we'll break down the streaming landscape and then with a vote on the $52 billion chips act coming this week, we'll talk to the ceo of global foundries and the ceo of lockheed martin, what that bill could mean for your chip stocks. >> stocks rallying to start the week as the banks give the entire market a boost. despite some economic headwinds and investor caution, it's been a slow grind higher for weeks, mike santoli tracking this bear market from the njse is this bear going into early hibernation? >> or maybe it's just resting up, john that's pretty much looks the same either way. but it is notable that we have not necessarily plumbed new lows for about a month and the market has acted as if peopl

"techcheck" starts now >>> good wednesday morning i'm carl quintanilla with jon fortt and deirdre bosag continues. what it means for the subscription ecosystem as businesses try to capture consumer demand and rising rates from apple to disney, we'll talk about it finally we'll check in with the ceo of arm on what might be one of the year's biggest ipos. >>> we'll kick off w

deirdre bosen has the morning off., a battle takes off between twitter and elon musk. >> twitter and elon musk lawyers are right now facing off in virtual court for the very first time as the two sides make their arguments about how soon the case should take place before this is a

starts right now >> good monday morning, welcome to tech neck i'm carl quintanilla with jon fortt and deirdread for he can nolg as key names like microsoft, apple, google, meta and amazon all report results. we will talk about the key risks to watch out for and that's on top of results from nearly a third of the s&p as bofa warns stay out of the in networking names we will discuss that finally don't miss an exclusive with the ceo of klarna this hour the company's valuation plunged 85% or almost $39 billion. >> carl,

it for squawk on the street this morning, tech check starts now >> happy friday i'm jon fortt with deirdreday data beat expectations calming fears of a recess, but not yet enough to save the nasdaq from another week in the red. analysts have seen enough cutting price targets across

. >>> good monday morning, welcome to tech check, i'm carl with john and julia deirdre has the morningough we're off session highs. the nasdaq's trying to make it three up days in a row the stocks have not hit new lows in about a month have we found a bottom we'll talk about that. >>> plus, could another poor earnings report make netflix a target for m&a we'll break down the streaming landscape and then with a vote on the $52 billion chips act coming this week, we'll talk to the ceo of global foundries and the ceo of lockheed martin, what that bill could mean for your chip stocks. >> stocks rallying to start the ek