amazon the biggie, along with pinterest, gilead, and t-mobile. mike, let's start with you outever overall market softened just a bit >> the last hour or two, also really holding to trend. the faang stocks lead some days, they're lagging today. market breadth has been weak recently, but it's looking okay today. this looks similar to a 45-degree angle that we have mostly held to, especially since the october liftoff that we got. the market keeps bumping up to that level take a look at this the equal weight does not count the bigger stocks any more than other it's been climbing since april/may, but you see here today, we check off one of the outstanding boxes if we can maintain it here the market has answered a lot of tests. facebook and google had bad reaction, but they have managed to rotate toward strength. robinhood ipo we'll be talking about, and interactive brokers really the last pure play online broker, as weft as draftkings. a bit of tongue in cheek, but it's feeding offer of the same impulses, young people trying to make fast profits. this

. >> a drug company when they solve an illness it's the gilead. >> right hep c, gilead goes to 110. they solve it and then -- >> gilead is a great story we talked about it through that period they did cure the disease. there was so much resistance to the price, but we would point out that 12 weeks, then you're done then you won't get it ever again, you're cured, and of course when we go back, guys this is not going to show what we're talking about here. >> do a five year. >> do a five year and show the move up in gilead to 130, $140 billion market cap company. >> and then the challenge of remdesivir, of course a little let's say ill-advised as a way to be able to conquer the disease. >> i don't even think we're capturing it fully there. >> we're still not. >> let's go back let's go ten. >> give me a ten >> now i remember the data they bought do you remember they bought the company that solved it. >> there it is there's the peak right there i don't realize it's so long ago. these years fly by. >> it was like seven times earning. >> when they bought pharma set for $11 billion. it was

but a lot of people fear it could be like gilead which came up with this incredible cure for hepatitis half because they cured all the patients if you think covid is behind us moderna is a sell. if you think the delta variant is just the beginning and might need regular booster shots there might be more to it. whether they can offer personalized cancer vaccines is ha they're working on in time to offset the decline in sales. before the pandemic that's what the story was about, putting everything together though i think the stock is too high at this point because if they're successful at cancer vaccines, the comparisons are so difficult because how successful they were at covid number two, nvidia already covered that because it was the best performer in the s&p the next stock classic example of what i'm talking about you wouldn't have expected to win, d d docusign it took the world by storm during the pandemic. it might take a hit as business travel comes back, docusign is offering new categories like the agreement cloud. plus, the near term introduction of notary replacement is huge. n

gilead let's get to the judge >> thanks so much. >>> welcome to the "halftime report."front and center robinhood ipo frve blowout earnings and the count down to amazon numbers after the bell. our investment committee breaking down it all, debating all of it as well. with me for the hour today josh brown, steve weiss carrie firestone, jon najarian and good to see everybody. new records for the dow, s&p today. investors dieting those earnings reports as i said. we're getting to those in a moment but first the big ipo robinhood going to public. let's bring in leslie with the latest as we wait for the first trade. we've seen a lot of activity where u

it was our bombing gilead. the place where our people made way out of nowhere. it was that place. which our souls could look back and wonder how we got over? wow. wow, that's a it. let me let me just say to any of our listeners and watchers today that if you have not seen that series. need to see that series it and in can in tandem with the book it's it just is so skip just thank you. so sorry to get ahead of myself. i can't wait to start talking to you. so i was thinking to see well, um this idea of looking at the history of the black church through mother emanuel asking you to look backwards from 1816 and then forward to 2015. there's a lot going on there that you i think just beautifully bring out in the book. thank you. yeah, that was one of the light motifs in the book and if i forget i want you to ask me about the three black ame creatures i built a triangle around them richard harvey came daniel payne and henry mcneil turner too, but mother manual, let's go to charleston south carolina. south carolina was majority black state. um, south carolina, louisiana, mississippi wher

gilead let's get to the judge >> thanks so much. >>> welcome to the "halftime report." i'm scott wapner front and center robinhood ipo frve blowout earnings and the count down to amazon numbers after the bell. our investment committee breaking down it all, debating all of it as well. with me for the hour today josh brown, steve weiss carrie firestone, jon najarian and good to see everybody. new records for the dow, s&p today. investors dieting those earnings reports as i said. we're getting to those in a moment but first the big ipo robinhood going to public. let's bring in leslie with the latest as we wait for the first trade. we've seen a lot of activity where you are leslie are you getting close >> i don't think we're getting close per se, scott. i think it's going to take a bit more time for them to really match the trades to open the stock. as you can see behind me there are a lunch of robinhood employees learning about the process right now of matching the orders of buys and sells, trying to hone in on that price by which to open shares. now it's indicated at this

i was chief executive of searle and general instrument corporation and then chairman of gilead sciencesover the years. lamb: how would you characterize the difference between running a business, for profit business, stock market, the whole thing, and running a government agency like the department of defense? rumsfeld: in business if you do poorly the business goes out of business, it ends. and government doesn't end. government can do quite poorly over a long, long, long period of time and it just goes on and on and on. the - another thing about business is you know human beings and unless you're einstein or mozart and you go off and all by yourself and do something brilliant, all the rest of us who aren't einsteins or mozarts, what we do is we - what we do is with other people. so in business you just lay out a course of action, try it. get people to help you do it. if the people do well, you reward them. if the people don't do well, you get other people to help do it. if it does well, you encourage it and keep it going. if it doesn't do well, you stop it. in government, it's quite di

i was chief executive of searle and general instrument corporation and then chairman of gilead sciencesover the years. lamb: how would you characterize the difference between running a business, for profit business, stock market, the whole thing, and running a government agency like the department of defense? rumsfeld: in business if you do poorly the business goes out of business, it ends. and government doesn't end. government can do quite poorly over a long, long, long period of time and it just goes on and on and on. the - another thing about business is you know human beings and unless you're einstein or mozart and you go off and all by yourself and do something brilliant, all the rest of us who aren't einsteins or mozarts, what we do is we - what we do is with other people. so in business you just lay out a course of action, try it. get people to help you do it. if the people do well, you reward them. if the people don't do well, you get other people to help do it. if it does well, you encourage it and keep it going. if it doesn't do well, you stop it. in government, it's quite di

look at gilead sales rose 21% in the latest quarter. and hepatitis c virus treatment. you are looking at the stock off 1% this morning, joe >> you have to count the 20 minutes since 6:30 two hours and ten minutes left do not zeasell shz us short, andrew >> i'm sorry i looked at the clock. you're right >> not for nothing >>> all of this is happening kind of quietly and maybe not headlines. it seems to be maybe more established that maybe bitcoin is here to stay. >> it is kind of hard to ignore. when we talk about bitcoin prices, the world has to absorb $36 million bitcoin mined a day. people want to buy $36 million of bitcoin a day, prices go up they don't, the prices go down heading on the point here. the smart people i listen to are pointing to the last investment. open to the nft exchange the companies that are investing in them are visa and paypal. you have d.c. companies and banks. traditional asset managers you say, there must be something going on they had been an outspoken critic she kept talking about snake oil salesmen and then

the key report after the bell welcome amazon we hear from our parent company comcast, yum brands, gileadeslie picker for more on what we can expect. >> hey, scott, interesting timing to price an ipo with all of this market moving news robinhood is finalizing its ipo price. the company looking to raise about $2.2 billion at the midpoint of the range it had been marketing to investors. robinhood and its underwriters are using an auction like system to garner bids of various prices from institutional and retail investors. they'll use that as an input into their decision-making to come up with a final price here. now, the bear investors that i've spoken with, they point out the regulatory risks, the potential slowdown in fundamentals the larger than usual retail allocation and small employee lockup lift, which could drive volatility but, the bulls like its massive top-line growth. we'll see how that translates into pricing within the next hour or so, feis. >> leslie picker, thank you. is this going to be the mother of all meme stocks >> you know, you would think it should be kind of a compou

other products as well not by as much as they did for the vaccine, but you're kind of looking at what gileadoks like and that's been the challenge of pfizer in that space. >> doesn't look quite as -- all of the -- the stigma for selling at any time when you're a ceo, but he sold i think -- he sold right around here a lot of it, around 40 or 41. right? you remember he made a big deal out of it and stefan looks like he might as well have shorted moderna he sold at 70. 70 and 80, i think remember on one of the -- >> there were a lot of stock sales, especially from the moderna executives, yes. the one i remember from the the one i remember from the pfizer ceo sofi is a one-stop shop for your finances designed to work better together. and earn cash back rewards, all in one app. that's how you get your money right with sofi. you 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 i'm dad's greatest sandcastle - and greatest memory! like you but even i'm not