. >> yeah i mean gamestop is up 9% now. you wonder if a different flavor of meme mania might be coming back. >> yeah. retail sales tomorrow, among other things. and all the averages higher today. that does it for us here at overtime. >> fast money starts now. >> live from. >> the nasdaq market. >> site in the heart of new york. >> city's times square. >> this is. fast money. >> here's what's. >> on tap tonight. tariff talk president. >> trump signing. >> a sweeping action on reciprocal. levies and promising. >> more are coming. >> what it will all mean. for companies bottom lines. >> and your portfolio. and confirmed. >> one of the. >> president's most controversial. >> cabinet picks winning confirmation to. >> lead today. >> what rfk. jr could mean for u.s. health care. and the stocks in the space. plus investors check. >> out of hyatt shares. >> are microsoft. >> bonds more attractive than treasuries? and what. >> is behind. >> intel's best week in 50 years? >> i'm melissa. >> lee coming to you live from studio b. >> at t

let's start off with this gamestop. those shares are moving higher. here up just about 9% on news that the company is exploring alternative investment classes for investment. that could include crypto and bitcoin in particular. that's what sources are telling cnbc. just last weekend, the ceo ryan cohen, he posted a photo on social media with michael saylor, co founder and chairman of microstrategy. of course, that's the largest corporate holder of bitcoin. take a look at gamestop shares above 9% right now. also looking at moderna shares. you guys were talking about that earlier today. moving lower on earnings. you can see shares are down. i'm going to get to it in just a second. but shares are down. trust me. vaccine maker with a beat on revenue but posted a bigger loss than expected. also a huge miss on margin coming in at 26.5%. the estimate was 45.6% in 2025. the company also says it will remain focused on driving sales and product approvals through 2027. moderna, also aiming to cut $1 billion in cost this year. moderna shares moving lower. also lo

talking of which, gamestop, is this company going to invest in cryptos? you with some fundamental news, but with gamestop i have to ait gets harder and harder every time -- it gets harder and harder every time. the ceo of gamestop, ryan cohen, posted a photo with michael sailor, the executive chairman of formerly micro strategy, the largest corporate holder of bitcoin. they have about 2% of all bitcoin outstanding. that sparked rumors. and so now, again, further rumors about maybe they'll put some bitcoin on tear balance sheet or -- their their balance sheet or expand into cryptos. i keep you posted. a. ashley: thank you. fascinating. [laughter] we talked with mark mahaney about airbnb just with issuing their latest report card. based on the stock price, up 13%, they did pretty well. >> yeah, they did. you know, fourth quarter revenue and earnings per share beat estimates. they had a little bit of light guidance, but in a letter to shareholders they said they made a lot of changes to their technology. it's helping conversion rates. so they're doing well a

so i find it. >> interesting that that gamestop is there. interesting to the coin.rading down. >> yeah i was going to say great number. >> yeah. revenue up 88. >> expenses up. >> i think 19. they talk about a new. era in crypto given the policy changes in washington. >> mega bullish tone. >> now there was some. >> of the analysts saying that the operating expense guide for current. >> quarter and. >> forward going was a. >> little bit high. >> so they're doing a. >> lot of investing. they're doing. they feel as if this is the time. to do that. >> i guess. >> the question if you're if you're. >> an. >> investor. >> in the. >> stock would. >> be was fourth quarter. when bitcoin quadrupled in the prior year and. >> we. >> celebrated the election. >> of the first crypto. >> president, was that the. >> start of something. >> or was. that the. >> culmination of something? and so i think. >> that's in terms of. >> extrapolating fourth quarter levels of. >> trading activity of retail. i mean, we saw. >> it in. >> robinhood too. it was wild. so do we think it's we think that

>> gamestop. those shares right now jumping on speculation.speculation that the struggling video game retailer might embrace crypto. >> and i. >> use. >> the word might. >> because we're basing that theory on a photo of gamestop ceo ryan cohen, as well as the ceo of microstrategy, michael saylor, which was posted on x just over this. weekend from ryan. >> cohen's account. >> microstrategy is the largest corporate holder of bitcoin, and gamestop has previously did offer crypto wallets, but they removed them back in 2023 over regulatory uncertainty. so the two of those guys together maybe signal something about crypto. maybe not. >> but that's why. >> shares are high. switching gears, a controversial hims and hers commercial from sunday's big game is generating buzz. shares jumping about 5% of hims. the ad, though, criticized the $160 million weight loss industry and claimed that competitors were priced for profits, not patients. two senators, expressing concern that the ad may have misled patients. however, you can see shares still climbing. sc

gamestop, which still sells discs says, bet you want physical copies now? fit. >> reporter: moms took advantage. >> you need the trash taken out. get 'em. get 'em now when the playstation servers are down. >> reporter: playstation is back up and running. the company writing, it has been restored. sorry for the inconvenience. for those of us not gamers, why should we care? >> it can affect anyone. gaming now. it could be email, your photo service, the service that provides your cell activity. >> reporter: playstation did say the problem was an operational issue. all members will receive an additional five days of service. >> thank you. >>> when we come back, good news tonight about a dream come true duet and how country music legend dolly parton made it possible. [coughing] copd is an ugly reality. do you have his medical history? i watch as his world just keeps getting smaller. but then, trelegy helped us see things a little differently. with 3 medicines in 1 inhaler, trelegy keeps airways open for a full 24 hours and prevents future flare-ups. once-daily t

gamestop and microstrategy i'm sorry strategy are both higher today. gamestop ceo ryan cohen posting a picture of himself with michael saylor. that's it. that's enough to get gme up 8%, but it's still only a $26 stock. oh, and microstrategy did announce that plan to drop micro from its name and become brian. just strategy. speaking of strategy, let's hear from the president shortly who will impose 25% tariffs on all steel and aluminum imports, including those coming from canada and mexico. the new tariffs would be on top of existing metals duties, and shares of u.s. aluminum and steel makers are surging today. cleveland-cliffs is up 18%. other names like nucor, alcoa and u.s. steel all posting solid gains as well. canada big supplier of aluminum, more than 80% of it into the us market. joining us now to discuss what impact these tariffs might have on his province and country is the premier of ontario doug ford. premier ford it's good to see you again. welcome. >> well it's great to be. >> on. >> again kelly i appreciate you. and brian having me on toda

gamestop writing bet you all want physical copies now. rejoiced. >> he's sitting up there having a fit! >> reporter: moms took advantage. >> you need the trash taken out? get them, get them now, while the playstation servers are down. >> reporter: and after nearly a day of lamenting clientele, playstation is back up and running. the company writing on x, psn has been restored. adding sorry for the inconvenience. for those who are not gamers, why should we care about those outages? >> cloud outages can affect anyone, it could be e-mail, photo service, the service that provides your cellular connectivity. >> reporter: they did say on social media the problem was an operational issue. and members will receive a five days exa seictrrve. >>> an out of this world doritos commercial when we come back. oh no. bye, bye cough. later chest congestion. hello 12 hours of relief. 12 hours!! not coughing at the movies!? hashtag still not coughing?! ahh! mucinex dm 12 hour doesn't just quiet coughs, it treats coughs caused by excess mucus at the source a

. >> all right, meantime, speaking of meme kind of stocks, gamestop leaping almost 10% on speculationing a new strategy around crypto. ceo ryan cohen posting a photo to x over the weekend with michael saylor, chairman of microstrategy, which has recently rebranded as just strategy. no additional context given in the ex post strategy shares also finishing the day higher. so is a picture worth a thousand words or a few percentage points? well. >> i mean, what saylor is probably doing is trying to get them to convert part of their balance sheet, right, to do that. and you tell me, is it going to start to trade at a multiple relative to the crypto that they own on their balance sheet? i mean, that's been the microstrategy sort of thing. so you keep selling, you know, shares or debt in which to buy it. i just don't think that's going to end particularly well for someone who doesn't have, like, a michael saylor and that sort of commitment to it. the last thing i'll just say on this is like, look at roku, look at a firm, look at carvana. there's a lot of meme stocks like picking up their hea

but, jim, what are your thoughts on gamestop and do you think kepong is proof of that?ou if you want games, you got to be in take two, because take two is going to have a grand theft auto brand new, brand new edition this year. and that's the one to be in. i mean, you've got to have momentum. i mean, look at what happened with e, so i can't recommend gamestop. i just know it's a meme stock. but if you want a meme stock, of course you just buy palantir. i think everyone should just go buy palantir. i mean, like palantir, it's like, what can i say? alex karp i think he'd find you if you didn't buy palantir. you have to give you a little talking to. let's go to mike in connecticut. mike. >> hey, jim. thanks for taking my call. and go eagles 59. wow. >> it's the marcus team here. absolutely. what's going on? >> it is the last friday you were speaking on the show about a stock and insider buying. well, that very week. >> i was researching. >> two companies that stock so i can swap out two. i wanted to take a profit on two stocks and put two more in the shoot. okay. one of th

if you look at that since the gamestop episode where everybody has basically said shortselling is deadthe risks are too high, then you simply shorted that index, but the s&p or related passive index, rebalance monthly -- that return has been spectacular. so there is still alpha on the short side. it is just nobody thinks it is there anymore. romaine: that is more on an index level. jim: that index is of individual stocks, the most shorted stocks. it is a representative portfolio of very dicey companies we will short. romaine: what is the risk out there? we have written all these headlines about the demise -- i know it is not completely dead. we talk about shorts are 70% down since the financial crisis. even activist campaigns -- it was a record low year for activist campaigns. is that a reflection of market dynamics are public and political dynamics? jim: i think both. market prices are people's opinions based on facts. people have gotten much more bullish over general political level normal regulation, the promises that companies made, that we talked about earlier. these are all part

corporate holder of bitcoin and they do not know what the to discuss, the market based on the gains for gamestopassuming they had to talk about the bitcoin. david: thank you very much, still had donald trump explaining his reasoning as china's retaliatory tariffs are scheduled to go into effect today. >> wheel $36 trillion, that's because we let the nations take it vantage of us. i'm not going to do that were let that happen. >> more from the pre-super bowl interview coming up and expanding the immigration crackdown more active-duty soldiers going to the southern border as migrant encounters in texas are plummeting plus another ice leak, remember the one last week large-scale immigration reportedly will happen soon in los angeles how are these folks getting the plans ahead of time will be talking to arizona sheriff mark daniels coming up next. ♪ ♪ chocolate fundraiser. with the chase mobile app, things move a little more smoothly. ♪ deposit checks easily and send money quickly. ♪ that's convenience from chase. 7 million us businesses rely on tiktok to compete. within a week of posting, i had ove

disgusting, as users complained on social media, major brands started trolling two popular store gamestop, which still sells discs, writing that y'all want physical copies now. oh my god. girlfriends rejoiced. he's sitting up there having a fit. moms took advantage. you need the trash taken out. get them! get them now! while the playstation servers are down, and after nearly a day of lamenting clientele. okay, there we go. everything's working now. playstation is back up and running the company writing on x psn has been restored, adding sorry for the inconvenience. for those of us who are not gamers, why should we care about these sort of outages? cloud outages can affect anyone. it was gaming now, but it could be your email. it could be your photo service. it could be the service that provides your your cellular connectivity. playstation has not responded to our request for comment. they did say on social media the problem was an operational issue, and all playstation plus members will receive an additional five days of service. that was dana griffin reporting. to the growing bird flu em

. >> i mean, we think of them, you know, gamestop as being a pivotal moment there. i mean, good for them. they're in the right place. they put themselves in the right place at this time. it's not. by chance, i mean, that quarter was very impressive. i think that, you know, it's just too expensive for me. but they seem to be doing all the right things. and remember, this is a stock that has a beta of almost two. so as you know they grow assets. but if the market's good the assets grow as well. and the option trading looked enormous. so good for them but too expensive for me. >> we've got a news alert on president trump's lawsuit versus elon musk's x platform. steve kovacs got the details on that. >> steve. hey, dan. >> melissa. >> yeah. >> according to the wall street. >> journal reporting. >> just now, the x is going. >> to. >> pay a. >> settlement for the lawsuit. >> that trump. >> filed against the company. $10 million, or. >> about $10 million. this is based on trump's lawsuit back when before elon musk took over x, and it was still twitter after he was booted of

i call this one gamestop with a brain. i believe in this company.nk palantir is the first company to truly figure out artificial intelligence and how it can make our nation and its companies stronger, our warfighters stronger. my highest compliment even after i predicted a double when the stock was 50, i think you can go higher, maybe even much higher. yes, palantir is that special. it is that outstanding. and as long as wall street's trying to fight it, i think the stock's likely got a lot more upside. like i said, there's always a bull market somewhere just for bull market somewhere just for you right here on narrator: tonight on "shark tank"... sharks, let's get down to business. we're on a mission to heal, uplift, and inspire the community around us. i'd really love to have you on board. that is a devil child! [ laughter ] what made you decide to start this? i am an awkward engineer. what?! my parents didn't bring me here to not seize opportunities. i don't know where you go from here. your children will thank you for it forever. ♪♪ narrator: fi

. >> telling cnbc that gamestop. >> is considering investing. >> in.d bitcoin in particular. >> it's friday. >> february 14th. >> happy valentine's day 2025. and squawk box begins right now. >> good morning and welcome to squawk box here on cnbc. we're live in the nasdaq market site in times square. i'm kelly evans along with joe kernen. this morning becky and andrew are off. u.s. equity futures. are they. yeah they're off too. the dow is down 123 points implied at the open. s&p down six. nasdaq down 12. but we've seen this pattern where we're weaker in the morning. and then sometimes we turn around by the afternoon once it's tariff time as i like to call it, that comes after gains. and yes we're talking about gains yesterday. the dow was up 342 points. the s&p was up 1%. the nasdaq was up 1.5%. treasury yields have moved higher this week. but they were a little bit more contained yesterda

you guys have come so far from gamestop and now you have retirement accounts. more sophisticated trader. do you worry about getting into sports gambling and what that might mean for some, you know, in terms of the perception of robinhood? >> yeah, i mean, i think that these prediction markets are qualitatively different than sports gambling for a couple of reasons. one is these are cftc federally regulated event contracts. and what that means is instead of, you know, betting against the house or setting a line, this is an exchange, a designated contract market where buyers and sellers are meeting. so you're not, you know, setting a line. so i think it's very different. i also think that, you know, if you think about the news, right, i like to think about prediction markets as the next generation of the news. and we know the news is economically valuable. you know, people pay for getting the newspaper. they pay indirectly for shows like this through advertising. and so if you get the news before it happens, that should be even more economically valuable. so i th

was gamestop moving today because of a photo like that kind of stuff?just carry on for a while. and that is just a little bit of like the bull market sort of venting off a little bit of that energy. i don't think it's one of those things where you say, oh no, that we're drowning in the froth because we're not. we have you guys have been talking about we have no ipos. you have none of the supply issues. therefore the demand for stocks, whatever form it's coming in, manages to be a net positive. by the way, ipos, the big one that we had is like way down from the initial pricing and then the initial open. if you remember. >> that came on a disappointing offering as well, which was downsized from the original expectations. both of the ipo, the big ipos that we've had this year have. >> i do think that the initial companies that hit the window are like, these are sold. these are these are owners or private equity that kind of needs to get that thing out there as opposed to, do i have a great opportunity for you? >> oh yeah, i would agree with that. the stori

music champion, gamestop, karl lagerfeld, goop, crocs, david's bridal, hunter. >> douglas. >> and shopifye last couple. >> of months. and i think that the evolution. >> of us working not just with small business, but all businesses, shows. >> that we're operating. >> at. >> this incredible performance right now. >> who are you taking. >> that that. >> share from. especially on. >> the. >> bigger business side? >> yeah, the enterprise stuff is really exciting for us because. generally and historically, most people assume shopify was only for small businesses and only for online. but now we have merchants that are doing many billions of dollars a year with us. we have merchants selling online, offline, using us for b2b, using us to sell on social platforms as well. generally, it's coming from either some of the more legacy e-commerce providers or it's coming from, you know, in in house built systems. what we're seeing is that they're coming to shopify for enterprise for two reasons. one is they want to future proof their stack. they want to be able to sell everywhere at any time. they want