emerson.sider it solved. >>> semiconductor chips are in short supply, with far-reaching implications across the market nvidia's $40 billion acquisition of british chip designer arm, whose chips are used in 95% of smartphones worldwide. daniel newman joins us, thanks for being with us today. >> thanks for having me. >>> we've been following this chip shortage very, very closely. i think probably the place i want to start is things we have seen, expected to sign this executive order that initiates 100-day review looking at the supply chain is that quick enough is that going to help had shortage >> yeah, i think we're in a real different situation. we have heard from about the expectation of this lasten about six months so 100 days would put es well into half of that six-month period i do wonder, morguening, are we able to shorting this at all with any action based on what got us here, which was based on the company's cutting forecasts, automotive missing estimates that chips for smartphones woul

emerson.sider it solved. when you switch to xfinity mobile, you're choosing to get connected how homeowners manage comfort and costs. to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. ♪ ♪ >>> i'm rahel solomon. here is your cnbc news update at this hour. president biden is extending a moratorium on housing foreclosures until june 30th it's part of an action to help homeowners struggling during the pandemic. >>> air passenger traffic fell more than 60% last year. air travel demand remains more than 60% through the beginning of this month, remains down more than 60%. >> citigroup lost a bid to get b

emerson. consider it solved. ♪♪ hey you, yeah you.t was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us get our money right. ♪♪ this is how you become the best! [music: “you're the best” by joe esposito] [music: “you're the best” by joe esposito] [triumphantly yells] [ding] don't get mad. get e*trade and take charge of your finances today. >>> all right. we're answering your questions now. first up, we have a question for josh from one of his friends at shakeshack danny asks -- first he says happy birthday, josh there he is, danny, as in danny meyer. has the stock market already priced in the next round of stimulus and if so, how do they respond if that gets watered down we're big fans of his and we'll send him a chicken sandwich with a candle in it josh, that's pretty awesome. >> oh, wow that's amazing i'm such a huge a

emerson.der it solved. >>> welcome back time for a cnbc news update with courtney reagan. >> here's what's happening at this hour n. wisconsin, former pharmacist steven brandenburg has pled guilty to charges of trying to ruin hundreds of doses the covid-19 vaccine prosecutors recommend he get a sentence of about three to four years. >>> business software giant salesforce says most of its employees will work remotely at least part of the time even after the pandemic is over as a result, the company says it will trim office space in cities across the country. >>> the second impeachment of donald trump has begun the house prosecutors told the senators they must find trump guilty or risk inviting future presidents to misuse their powers without fear of accountability for more on the impeachment trial stick with cnbc and watch the news with shepard smith tonight at 7:00 p.m. eastern time that's our cnbc news update at this hour. sara back to you. >>> after the break, protecting the front line, groc

emerson.ved. >>> a group of retail traders on reddit seem to have a new stock guru arc invest's cathie wood, and they're betting on her playbook indicate rooney has more hey, kate. >> traders on reddit are all about arc invest ceo cathie wood she's gained the title queen cathie it's no longer keeping up with the kardashians. they're trying to keep up with cathie she got the perspective from online communities for beiullish on tesla and last week, cathie added to palantir one showed her as a body builder holding the line of palantir there's more than 50 stocks that surprise these funds of course, not all of them are tesla. but the firm's etf has performed recently the additional etf saw about 150% gain last year. these are meant to be long-term plays and wood's investing style can be volatile short term those funds lost 20% or more during the march bear market last year. cathie and ark invest did decline to comment on her reddit popularity tyler, back to you >> so, did i see those numbers right

emerson. consider it solved. >>> welcome back to "power lunch," everybody. first topic, the growing acceptance of bitcoin, bny mellon will start transacting in digital assets, alongside mastercard ease plans to allow merchants to accept payments in cryptocurrency, so it's not just tesla that will weather. >> mastercard and visa have had opartnership with various cryptoplayers, but basically they allowed it to be used, but had to convert it to fiat at the time it was processed. so in this case, it's using cryptocurrency for the actual transaction without the need for the dollar >> i'm thinking about how hard it would be to do this, but obviously they transact in lots of differentcurrencies >> there's an interesting point. if you are a bitcoin and are a true belief, why would you give it up and pay a it is la with it or hot dog, whatever it is why wouldn't you just hold on to it if you're a true believer in the long-term value. >>> on to chips or the lack thereof. the biden administration promis

emerson. consider it solved.shboard from fidelity -- a visual snapshot of your investments, key portfolio events, all in one place. because when it's decision time, you need decision tech. only from fidelity. ♪ ♪ >>> welcome back to "the halftime report. i'm rahel solomon and here's your cnbc news update at this hour the white house plans to allocate $3 million to $4 million doses of johnson & johnson's covid vaccine and that's if the fda gets emergency use authorization in the next few days ahead of that new supply, the leader of the covid response team expects an increase in the vaccination rate this week >>> a sixth member of the board has resigned in texas as fallout continues from the devastating power failures caused by a severe winter storm. >>> a lawyer for bruce springsteen says the star is pleased with the outcome of today's hearings they dropped drunk and reckless charges, acknowledging that his blood alcohol was well below the legal limit. >>> look at this video, body camera video shows officers pulli

emerson. consider it solved.teen-hour flight, that's not a weekend trip. to keep each dose safe and effective. 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 taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ these days, it's okay to do some things halfway... but taking prescriptions shouldn't be one of them. so cvs has a proprietary search tool that looks for savings. plus free delivery. get a free prescription savings review at cvs. >>> we are back. jon najarian you are on the screen right now. i'm happy to have you back, i hope it stays. >> delighted to be here, scott >> we're delighted to have you gamestop >> here we go again. -- what are you seeing in the

emerson.ved. turn on my tv and boom, to keep each dose it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪♪ when you've got a business, you don't want to worry about slow internet or confusing cybersecurity. so get comcast business internet with fast, reliable speeds, and add the advanced security of comcast business securityedge. it combines the speed you need with threat protection. plus there's 24/7 support. it's internet and advanced security - made simple. so bounce forward - with comcast business. get s

emerson.> welcome back to "power lunch. amid this market sell-off twitter shares surging to all-time highs after the company announced it plans to double its yearly revenue by the end of 2023 that comes hand in hand with a goal to hit 315 million daily active users by then it also markets matt, yew those on the fact that twitter is downit's outperforming on a down day it's breaking out gog back seven year, especially when it's an all-time high, you think, my gosh, this is a great stock. you look at the rsi chart in fact it r50e67d about this level two times in 2018. each time it was followed by a 42% decline. if i like this one, i'm going to let it come back to you. >> i do agree, seema, on a fundamental basis as well look, we own the stock and at 100 multiple, i think a lot of the good news is reflected it's relative price-to-sales ratio. this is approaching historical highs where it's been prudent to be a seller here i think you may want to dip your together back in >>> if there's one twitte

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emerson. consider it solved. >>> welcome back to "fast money.t's red alert for the chip sector a number of companies shouting the alarm. sony says the chip shortage is making manufacturing difficult what does a chip shortage mean let's bring in jared jared, great to see you. >> thanks. good to be back again. >> how should we think about this chip shortage should we think about a giant backlog for these companies or is there an element of demand destruction the more the squeeze goes on. >> i think it's the former more than anything else over the last 12 months you had executives preparing for a crisis and didn't add the appropriate supply and demand rebounded at a far greater than expected rate. we have with capacityings that are running a hundred percent, plus, in some cases. that's really leaving to it short amgs that are acute across the board. it's leading into shortages across the entire ecosystem from graphics cores to basically everything that touches end devices. it's pretty severe, but i think this is more of just a shift from a demand p

emerson. consider it solved.y mobile, you're choosing to get connected of critical vaccinations for the world. to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. >>> welcome back to this "fast money" special "the new american investor. there is a program to intervene with video gamers. they have been studying behavior addiction for decades. categorically, it is gambling. of obviously, with this week's hearings with robinhood and gambling, we asked this question broadly, who should be responsible for one's behavior it interesting they are launching this as a formal effort, guy, to intervene for people who have problems

emerson. consider it solved. keeping your oysters business growing and improve the electric grid. has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo when you've got a business, you don't want to worry about slow internet or confusing cybersecurity. so get comcast business internet with fast, reliable speeds, and add the advanced security of comcast business securityedge. it combines the speed you need with threat protection. plus there's 24/7 support. it's internet and advanced security - made simple. so bounce forward - with comcast business. get started with a powerful internet and voice solution for just $64.90 a month. and ask how to add comcast business securityedge. call today. >>> restaurant brands out request the q4 earnings this week the company reported a mixed number with a beat on

emerson. consider it solved. want to save hundreds on your wireless bill? of critical vaccinations with xfinity mobile you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network. sure thing! and with fast nationwide 5g included at no extra cost. we've got you covered. so join the carrier rated #1 in customer satisfaction. and get a new samsung galaxy starting at $17 a month. learn more at xfinitymobile.com or visit your local xfinity store today. >>> welcome back to fast we've got full team overage. lipton standing by but we start with julia on roku julia. >> roku shares are trading higher after hours after the company beat expectations on both the top and bottom line this as accounts grew faster than expected to 51.2 million. the company's guide apps for the first quarter revenue was also stronger than anticipated. now, roku's saying in its letter to shareholders that they are optimistic about the year ahead. that's why they're comfortable giving a formal outlook for the first quarter. t

um, well, i'm emerson. i'm your guys' supervisor for the day, and sal as well. so, we're gonna go over the safety meeting. we're gonna brush up on it pretty quick, you know, so, just to remember, when we're on the roof, remember, if you guys drop something, always call "headache." men: headache. rivera: you know, headache, so, you know, i just wa to make things-- m: yeah, i was incarcerated just like emerson and, um... this program helped me out to stay out of trouble, because it's hard for us to find a job in any industry out there. hom: the model at grid is unique because every project where we're installing solar is what we call a classroom on the roof. people come out with us because we know they know that we're the only organization that provides free training to get jobs in the solar industry. eduardo uriarte: i'm really excited to see the--the process getting going. seeing all the equipment arrive, all the workers here. it's--it's really exciting to see the--the process really moving along. oscuna: i'm believing it more because i'm seeing that it's gettin

emerson. consider it solved. >>> welcome back shares of twitter took a dive after banning president trump in january but since rebounded and never look back. the stock up more than 30% from the lows hitting a seven year high ahead of its earnings, a report after the bell today, but for more, let's bring in john freeman with cfra he, actually, before we do that. we're going to tape of president biden who just met or is meeting with business leaders. we'll go there now >> and participating i think, as i've said before, you've heard me say it, labor groups and others as well that american people are hurting. a lot of people are in real, real trouble a lot of people going to bed at night staring at the ceiling wondering if they're going to be in that apartment the next day or keep their mortgage payment up if they're going to have any health insurance we've got millions of people unemployed secretary yellen pointed out, scarring effect may be going on that could get worse we have kids not in schoo

emerson.r it solved. when you switch to xfinity mobile, you're choosing to get connected of critical vaccinations for the world. to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. >>> okay if you're counting so far this year there have already been 160 spac ipos. that's on pace to exceed the number we had last year obviously. and an instrument our next guest is bullish on mark may, joins us to explain always good to have you. happy friday >> happy friday. thanks for having me back. >> you're calling it a spac ipo. explain why. >> i'll tell you part of it is simple, carl, that's what we're hearing f

emerson. consider it solved. >>> for many the phrase retail investors tends to conjure up images of 20-something investors talking on reddit. robert frank has more. robert >> hey, tyler. more than 10 million americans opened new investment accounts last year and a study shows they're older, more diverse and long term operated than the gamestop story might suggest the study by the university of chicago looked at people who opened investment accounts for the first time in 2020 most were between 30 and 59 years old, nearly half were women, a third were african-american or latino with african-americans share of new investors twice that of existing investors. the main reason they wanted to start investing was retirement and motivated mainly to start investing by the low minimum investing amounts more important than the free trading we auofte talk about most trade less than three times a month and the new investors are less likely to actively trade than existing investors but they also need a lot of

emerson. consider it solved.s up 70 points or so. little more than half an hour left of trading. shares of spotify touching all time high levels today the company announcing it is adding ramona suddenson to the board. >>> the volatility in pot stocks continues. look at shares of aphria, surging double digits again. 25% higher, this after the sharp selloff last week as the pot stocks got caught up in the retail trading frenzy. they are all higher. aurora up double digits. and till ray, set to merge with aphria up as well. >>> goldman sachs today launched an investing tool for their consumer-faced product marcus. marcus has lending products, savings products and now will also have marcus invest. the time and biggest piece of their puzzle will be checking accounts which they are aiming to deliver by year end at which time it will be a full service bank which could capture all of a client's banking activity furthermore, it's not a single stock trading platform it is a low-cost managed etf portfolio that will be activ

emerson.sider it solved. >>> let's catch ouup on a few stories on the radar. kate and julia and now, palantir is asking the long-term investors to stick with them, but advised those with a shorter term focus to look for shorter term gains, and this is not enough to keep the investors away, and palantir is reddit who is not liking the establishment, but do they like them or not, dom? >> well, there are so many things that give reddit an opportunity to stand up and go, what is going on here? it is a big data company, and the whole notion is that they were funded by the cia at one point hereb and they crunch numbers and massive government contractor and worth billion of dollars and worth a lot more going forward. if you are looking at whether or not it is the main street and the wall street, and the little guy versus the big guy and david and goliath, and palantir is so big today, because it is a massive runup, and the direct listing was $10 a share, and it is tripling in value, and maybe a sell

and emerson thought that writers got them from the popular mind at the time. and he said ideas of the time or in the air and an interesting phrase, again emerson, accepting everybody who believes it. in. and we pick up from our contemporaries as their almost through the pores of our skin. dyslexia apply to economics and emerson or einstein referred to it but certainly economist thought indent rated my harbor predecessors joseph, wrote that any kind of analysis in economics the productivity called pre- analytic vision. he was in text enough importance to it that they used a capitol v, that is this capitol letter, not mine. while a colleague and generally missed friend can, wrote the economic ideas are always intimately a product of their own time and place. and him arguing that the ideas that smith were very much a product of their time and their place including the religious revolution that was going on at that time. so his father moment just to make sure that we understand what the great advance was. we associate with adam smith. we go back to 1700, before sm

emerson. consider it solved. ♪♪ for skin as alive as you are...e for silver 7 moisturizers 3 vitamins 24 hours hydration gold bond champion your skin >>> i keep telling you growth for the moment, no matter how good it is the highest flying they have been great during the pandemic as more people get vaccinated, some investors are gravitating to the reopening plays in many cases, i'm telling you they are throwing the baby out with the bath water. how do you tell which cloud stocks could be worth buying on the way down take workday that takes finance and human resources. last night reported big earnings beat management's full year guidance, they are conservative for heaven sake in response the stock got slammed down 2.4% like sales force, workday has fallen close to $40 from the peak i have to ask, is this the buying opportunity you need. let's check in with the co-founder to get a better read on the quarter welcome back tomoney." >> good to be with you, as always. >> i'm attacking it head on. your co-ceo says i'm pleased to say trends continue and a

emerson. consider it solved. >>> missed a show? don't sweat it.ll of the day, unusual activity and of course "ask halftime. look for us on apple podcast or your favorite podcasting app and subscribe to the halftime pod today. not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of, we're made for. ♪ usaa ♪ ♪♪ hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us get our money right. ♪♪ want to make a name for yourself in gaming? thanks sofi for helping us get our money right. then make a name fo

emerson.sider it solved. turn on my tv and boom, and improve it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪♪ some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) >>> welcome back i'm rahel sol solomon. as today's white house covid briefs, dr. anthony fauci cited what he called an alarming study, indicating that symptoms from even mild cases can cause problems for a long time. >> a

emerson. consider it solved. here's aj! when are you going back into the office? i don't know dad... ♪ well we have a safety net. we'll be ok right? ♪ want to save hundreds on your wireless bill? with xfinity mobile you can. we'll be ok right? how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network. sure thing! and with fast nationwide 5g included at no extra cost. we've got you covered. so join the carrier rated #1 in customer satisfaction. and get a new samsung galaxy starting at $17 a month. learn more at xfinitymobile.com or visit your local xfinity store today. >>> this has been an incredibly rough time for the package food stocks we're all getting vaccinated there is one that is able to hold up and hold up well, hormel foods, the company behind spam and skippy peanut butter, jenny-o turkey we found out they were in talks to buy planters nuts the deal was confirmed, this is roughly a $3 billion transaction. could that be enough to give this stock some solid momentum in a time when package foods h

emerson.olved. . >>> losses picking up steam with just about half an hour left of trade. nasdaq down 3.3% time for a cnbc news update with rahel solomon. hi, rahel. >> hello good to see you. here's what's happening at this hour, everyone four people receive their first shot the pfizer biontech vaccine as part of president biden celebrating 50 million vaccines being given since he took office >>> a report is out that says the murder of khashoggi was ordered by the saudi crown prince. >> the next step is for the president to competent with the king we expect that to happen very soon as you know we committed to the release of an unclassified report that would come out from dni and not fromthe white house. our administration is focused on recalibrating the relationship. >> tonight on the news with shepard smith an in-depth look at how that report could affect u.s./saudi relations >> that's a singing tiger cub at a zoo in siberia the zoo sayswhen he was a cub he started making sounds like that to a

emerson.ved. want to save hundreds on your wireless bill? and improve with xfinity mobile you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network. sure thing! and with fast nationwide 5g included at no extra cost. we've got you covered. so join the carrier rated #1 in customer satisfaction. and get a new samsung galaxy starting at $17 a month. learn more at xfinitymobile.com or visit your local xfinity store today. >>> at this point in the pandemic, we don't want companies that got a temporary boost from covid, we continue companies that experienced a permanent transformation like chag, the on demand learning platform able to grow like crazy over the past year, 74% subscribers, all time high year over year. years ago it was a textbook rental service but they have been steadily growing the software as a service program that helps you do homework and get scholarships and don't cheat, they will find you. when the virus massi

emerson. consider it solved. ♪♪ hey you, yeah you. money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us get our money right. ♪♪ when you switch to xfinity mobile, than you're choosing to us get get connectedht. to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. >> rahel solomon joining us with our calls of the day hi, rahel. >> these are all upgrades in retail and retail adjacent speaking to underarmour un

emerson. consider it solved. >>> welcome back to "fast money.zz kill on virgin galactic after delaying for a second time a space flight test that was scheduled for this weekend, the company saying it needs more time tests originally scheduled for september but had technical issues there steve, you've been a long-time believer in this one now what >> i've owned this one at about $15 or so. this one is over a tremendous amount even over its old high which is around $42. for me, i'm really not that encouraged and disappointed by the lack of communication by the company. so i'm staying in this one i think they have a couple of levers to pull but it's pointless if they can't get this thing off the ground they should have done it syrian and should have communicated it a lot better i'm in it for a little longer until they show some signs of success. >> brian kelly >> i think this is the opportunity of the next couple of years here. we didn't expect -- this is hard stuff. it literally is rocket science, so they're going to have failures, they're going t

emerson.der it solved. when you switch to xfinity mobile, you're choosing to get connected of critical vaccinations for the world. to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. >>> welcome back, everybody. the house democrats unveiled a new plan yesterday to send up to $3,600 per child to families as part of a relief plan. the money would be distributed in monthly installments by the irs starting in july $3,600 would go to parents a child under 6 years old, and would be $3,000 for children between the ages of 6 and 18 payments would phase out for individuals making more than $75,000 a year, an

emerson.sider it solved. >>> the nasdaq still the biggest laggard of the major averages. well off its lows. apple was down as much as 5% and just went positive a major bounce mid session steadily throughout the session. let's get check in on earnings movers macy's reporting an earnings and revenue beat this morning. the company saw same store sales fall less than expected. the stock up 5%. itself a big intraday recovery story. shares of home depot are falling despite an earnings and revenue beat they are not ri providing 2021 guidance that's pressuring the stock, down 3%. >>> still ahead, shares of square getting hit as the company gears up for earnings after the bell and the downturn is closely mirroring the price action in bitcoin. we will break down those results as season as the numbers hit. >>> quick check on bonds yields mixed across the curve today. the ten-year is higher, yielding around 2.36% one-year highs continuing to be a big focus. the long bond. yields fell a little bit after fe

emerson. consider it solved.nd effective. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) >>> another day, another big spac deal. data provider cyxtera agreeing to merge with publicly traded spac spar board acquisition corporation in a deal worth $3.4 billion. joining us is jeffrey smith of starboard and manny medina, executive chair of cyxtera working on getting manny's connection up and running. jeff, glad to have you here. you raised a lot of money for this spac last year and i am sure have been looking for a lot of targets how did you settle on cyxtera? >> hi, sara. it is great to be with you it is nice to be here. we are excited about this transaction. thanks for having us on. you know, we were -- we were looking for a real operating business, in a great industry, with great leadership. so as you know, starboard has invested in upped valued companies almost 20 years now. what we have learned as a common theme for everything

emerson. consider it solved. packed a record 1.1 trillion transistors into this chip. 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. ♪♪ for nearly a decade, bec comcast has been helpingn students get ready. we've connected 4 million low-income students to low- cost, high-speed xfinity internet. we're working with hundreds of school districts across the country to sponsor free internet and laptops. and parents are seeing an impact. and now we're turning 1,000 community centers into lift zones - wifi enabled safe spaces to study. so more students can be ready for anything. i'm trying to do some homework here. >>> why did robinhood restrict the buying but not the selling of game stop and why did folks get locked out on the buy side only. >> the decision to restrict game stop and other securities was driven purely by deposit and collateral requirements imposed by our clearing houses and even though i recognize customers wer

emerson.sider it solved. >>> shares of dwilio falling today after hitting new highs yesterday. this comes as the company posted better than expected quarterly results and a surprise adjusted profit joining us now in a first on cnbc interview, jeff lawson, twilio's ceo good to see you. thank you for joining us >> thank you for having me. >> clearly, you guys have been on a very strong run congratulations for that i guess my broad first question is, how long can the party go on to what extent is it kind of a covid-related boost to your last couple of quarters versus something that's structural and going to accelerate? >> well, there is a large secular tail wind. the importance of digital and digital customer engagement to every company in this digital economy is something that's gone on for the last decaded and is going go on for a long time. honestly f you think about how companies are winning the hearts, minds, and wallets of customers in this digital company it is by building better experienc

does this idea apply to economics in either emerson nor einstein referred to economics, but certainly economist somebody did. my harvard predecessor joseph wrote that any kind of analysis and economics is a prof-- product of what he called pre-analytical vision. he was attached enough importance to it that used the capital v, that's his capital, not mine. my late colleague and the leanest friend ken galbreath wrote economic ideas are always and intimately a product of their own time and place. i'm arguing that the ideas that smith and hume advanced were very much a product of their time and their place including the religious revolution that was going on at just the time. lets positive moment just to make sure we understand what the great advance was that we associate with adam smith. if we go back to 1700 before smith was born, and ask what was economic thinking at that time, could individuals correctly perceive their own self-interest? most people thought no. that's the reason people favored mccance list, means of directing economic activity to be left to individuals on their own. b

emerson. consider it solved.g! of critical vaccinations this is where everything started. the four way is engulfed in history. you're sitting in the place where giants ate. the four way is the heart and soul of the community. ♪ >> time for your cnbc news update with contessa brewer. >> here's what's happening right now. the nba says teams will play the national anthem before each game this after the dallas mavericks dropped the anthem from their first home game and the team says it has reversed the decision to forego the anthem at home games first details are out on the delayed oscar ceremony that will be held in april the academy says the award show will be broadcast from multiple locations. prosecutors in former president trump's impeachment trial are calling trump the, quote, inciter in chief, their words of the capitol riot and not an innocent bystander as his lawyers have claimed. >> the attack did not come from one speech it didn't happen by accident the evidence shows clearly that this mob was provoked ove

emerson.d. >>> welcome back home builder and developer taylor morrison has its shares up about 2.5% today on the back of earnings yesterday. the company saw 46% growth in its net orders from a year ago and entered the year with a record backlog of 8,400 homes valued at $4.2 billion joining us now on first nbc interview sheryl palmer. >> good to see you thanks for having me. >> we know housing has been on fire growth number like 64%, can that pace continue in 2021 as vaccines roll out, as people start to rethink their living situations, the economy fires back up, how far are we into this cycle >> i think it's a new cycle. i think when you talk about what we have ahead of us, you almost have to take a couple steps back and look at where we were pre-covid days i mean, i think about first quarter of 2020, it actually started very strong. '19 somewhat moderated come into the year 2020 pretty strong and then obviously at the end of march we all know what happened. and we took a pause for, you know,

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emerson. consider it solved.when you switch to xfinity mobile, you're choosing to get connected and improve the electric grid. to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. >>> welcome back to "squawk box. time now for some stocks to watch. shares of solar edge are rising. the maker of solar power beating estimates on the top and bottom lines. current quarter revenue guidance coming in higher than expected look at that stock up about 3.2% meanwhile, electric vehicle battery maker quantum scape reported first quarterly numbers since going public back in november the loss was bigger than analysts expected due to a

emerson.tions this is where everything started. the four way is engulfed in history. you're sitting in the place where giants ate. the four way is the heart and soul of the community. ♪ here's aj! when are you going back into the office? i don't know dad... ♪ well we have a safety net. we'll be ok right? ♪ >>> earnings alert walmart reporting results. we have the numbers and the instant reaction straight ahead. >>> the crisis in texas growing and the finger pointing continues. hundreds of thousands at least still without power as the debate about fossil fuels versus clean energy rages on. >>> the latest from texas is straight ahead >>> plus, the reddit rebellion in the hot seat alongside the hedge funds they wanted to bring down a preview of today's big hearing on the hill is straight ahead. second hour of "squawk box" begins right now. >>> good morning i'm andrew ross sorkin 72 points off of the dow s&p 500 off 15 points and nasdaq looking to open down, call it 96 points joe? >> andrew, walma

emerson.miconductor is smaller than a postage stamp but it has more than 8 billion transistors, 8 billion tra, the chips are a wonder of innovation and design, that powers so much of our country, enables so much of our modern lives to be gone, not just our cars, but smartphones, television and radios, medical diagnostic equipment and so much more we need to make sure these supply chains are secure and reliable >> that was president biden yesterday addressing the chip shortage and signing an executive order to examine the supply chain joining us now is someone who knows the industry well, andy purdy, a huawei technologies usa chief security officer it's great to see you again, andy and given the chip shortage around the globe, i'm sure huawei would like to have more access and get into the game in the united states. what kind of conversations are happening if they are at all with this administration >> well, it's really too early to even try to initiate conversations with the administration i m

emerson.sider it solved. >>> to another record high and number of firms are launching funds to catch in on this with a industry low management fee, taking aim at grayscale's 2% fees and the osprey turning a little lower today, white the grayscale and bitwise are higher greg kane, thanks for being with us. >> hey, morgan great to be here where bitcoin is concern, what does differentiate your offer verse the others that are already in place and what's now expected to be potential with a new s.e.c. chair coming in, etf offering for a lot of other companies, so we approach this space from that mindset. what we wanted to do with the osprey bitcoin trust was to provide an investment that ked access by a traditional brokerage. we wanted to do it in two days -- one, as a lower price point. some of the costs involved are significant, so taking down the price we thought added value, but we partnered with fidelity as the custotocustodian. you know, we feel very good with fidelity overseeing the bitcoin i

emerson. consider it solved.i'm dominic chu. we have a slew of morning movers to talk about right now. check out what's happening first of all with shares of dish network up 3% so far this after the company beat on both earnings and profit expectations earlier this morning, although subscribers from local wireless and their pay tv customers show declines on a certain basis there keep an eye on the shares of dish network up 3% right now next up you've got an analyst call which is what's happening with american airlines and a slew of other airlines including united, southwest, delta, alaska, everyone out there on a big analyst call upgrading a sector over at deutsche bank watch those shares up 3% and all the other airlines as well then we'll end in some deal chatter. churchill capital 4 or cc iv is the ticker symbol for the special purpose acquisition company or spac, that has been rumored to be hovering around a deal to take lucid motors public bloomberg is now reporting a deal could be announced earlier this mont