theory through hasbro toy products. you will be stunned by the exclusive insider video that we will share with you tonight. wait until you hear these shocking tapes.si but first, it is official. tomorrow marks six months to the day that joe biden was sworn into office. and unsurprisingly, i can start off by saying it has been on unmitigated disaster on multiple fronts ever sense. let's say the guy that cheated his way through law school, caught plagiarizing multiple speeches as a politician, of course he coasted on obama's coattails as vice president. but you can't fake your way through being the president of the united states. except that media mob covers for you and you are in that media mob protection program. but now sadly we are all suffering the consequences. so tonight the six-monthsu anniversary of of joe. let's break down issue by issue and let us rate his performance. first up, let's look at the hostel actor, vladimir putin from the hostile regime, the country known as russia. on the campaign trail, joe biden

they are not talking to us. >> greg: i'm going to boycott hasbro.chadwick: i don't know either. we are not good at boycotting great speech all probably buy more toys. >> chadwick: maybe we need to make them condemn critical race theory. >> greg: up next, tac is in trouble. why they need more ingredients on the double. liberty mutual customizes car insurance so you only pay for what you need. how much money can liberty mutual save you? one! two! three! four! five! 72,807! 72,808... dollars. yep... everything hurts. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. it's an important time to save. with priceline, you can get up to 60% off amazing hotels. and when you get a big deal... you feel like a big deal. ♪♪ priceline. every trip is a big deal. >> greg: they are at a loss for hot sauce. taco bell, the purveyors of america's most

i don't think at the moment it's widespread within hasbro.has worked with the company conscious kids before to produce small play sets. it seems like it's in ininfancy as they push it through their products and marketing. jesse: nerf guns, that's militaristic, you have to be careful. and monopoly, didn't they make it woke? >> they made it miss monopoly to address the gender wage gap argument. so hasbro has some woke ideology into their products already. this isn't something completely new. critical race theory, they are trying to push it through their products and marketing and i didn't want any part of it. jesse: you are brave to be a whistleblower. thank you for speaking out and coming on "watters' world." we appreciate. >> thank you for having me. jesse: prostitution running rampant in new york city. a former prostitute joins "watters' world." [♪♪♪] jesse: we just told you crime is on the rise across the country. so is prostitution. in new york city it's running rampant. out in the open. take a drive or a stroll through brooklyn at night a

watch the hasbro engineer, contract engineer, explain what is going on at hasbro., i thought i thought have the foresight to record it just in case. once you get like five minutes into the meeting they start saying your 3-month-old or 6-month-old, your young child is racist because how they were born, i just knew i had to send that off to somebody because i felt parents really need to know what was happening. elizabeth: show also what christopher fufo and senator cotton what is going on at raytheon. what is your response to what mr. johnson just said? >> i think he is absolutely spot on here. here is the problem with critical race theory. the basic premise america's dna is inherently racist. to over come the racism of the past we have to discriminate against whites and the and particularly white, able-bodied men that is recipe for disaster what is going on at hasbro. what is going on at raytheon is just as bad in the boardroom as well. elizabeth: here's the thing. ignorance and stupid will always be with us. you can't litigate and legislate out of existence student

and hasbro's big beat.imbed by the most since march 2020 after reporting second-quarter sales and earnings. the full breakdown is coming up in our stock of the hour. amanda: we continue to watch the broad stock market trading close to record levels, climbing that wall of worry. earnings in focus and some of those growth stocks earnings reports are expected to offer a little bit of underpinning of strength. all eyes on the fomc on wednesday. any color that we get in the q&a, that is where it will come, as jay powell is pressed on what tapering signaling may look like. tesla up 3.5% at last check. it will report after the bell. the yield remains a big focus. on the real yield, record lows. the 10-year yield signaling a benign outlook for inflation. then there is what happened in hong kong as stocks slump. $740 billion wiped off values of chinese listed stocks amid this regulatory crackdown. it is hitting tech and education related sectors. me have said it was just a matter of time. if you thought the chinese

company this contract engineer says hasbro is telling their workers even three -month-old babies canpretty ludicrous to say a three -month-old baby can be in a racist as adult, what were learning right now critical race theory is not being taught in schools and colleges it's being taught from the cradle to the board room and it's detrimental too her long-term health of our country because the reality of the matter critical race theory is not accurate history and its unproven dangerous theory. elizabeth: it's stupid and absurd, nikki haley has said imagine a five euro going to kindergarten and then they're told, the 5-year-old knows nothing about color and then there told the color of their skin they can be racist or if they're brown or black they can be taught that there less than or treated as victims so that's what people are saying in the pushback against this let's watch hasbro contract engineer explain what's going on. >> originally when i saw i had a meeting focused around crt i thought i should have the foresight to record it just in case, once you get five minutes into the me

when we come back hasbro is the g biggest gainer on the s&p.e will talk about it in a moment dow's down 30 now. "squawk on the street's" back in a minute ♪ >>> welcome to another hour of "squawk on the street. i'm carl quintanilla with morgan brennan. we're live from post 9 at the new york stock exchange. and david faber has the morning off. futures were deep in the red early this morning but s&p and nasdaq have bgone green the final week of july, peak earnings this week, fomc meeting and a lot of discussion about the delta variant and infrastructure over at the senate meantime, new home sales out a few moments ago. for that to rick santelli. hey, rick. >> a few moments from now, carl, i can 't see that farinto the future, but we are looking for a number around 800,000. it's a big miss. 676,000. 676,000 seasonally adjusted annualized units before we see any revisions, if we continue to look at the past month as 769,000 that puts it down a little over 6.5%. and remember pre-covid we were around 730,000 in february of '20, 756,000 in january. so

hasbro, lockeed. >> a report amazon may accept crypto and may publish its own coin to, quote, innovate the payment and financial system on the platform. an amazon spokesperson wouldn't comment on the report but was inspired by what is happening in the space. the average price of gas with plenty of supplies spiking further. with your cnbc morning business report. >>> coming up, tracking that forecast. we are working on that and more concerns of fire looming. our temperature is heating up. we are looking over here. 101, palo alto. more cars on the peninsula. more slowing coming up. >> fire crews never off. remember when anything was possible? ♪ ♪ ♪ ♪ when no dream was too big? ♪ you could go fast. take big leaps. fearlessly face the unknown. you still can. ♪ but you need a rock you can depend on for life. and when you find it, you'll be unstoppable. like the millions of people who rely on prudential for financial planning and investing. ♪ who's your rock? >>> monday morning. here we are. cars already on the road. we have you covered on all fronts. 4:46 right now. checking that forecast c

that one thing your kid loves, i remember it was a bunny and we lost the bunny and i had to call hasbro and they didn't make it anymore. >> oh no. >> you should not have posted on facebook. >> you had 20 of them. >> he's got a full binder now. >> oh yeah. >> he's super happy now. >> beautiful act of kindness. >> way for everybody to step up. >> thank you, garvin. >> all right, top that. >> we got beautiful weather. you know we are bringing some gratitude in if way of this sunshine coming our way in the next couple of days, way to go there. that's phenomenal. we'll get you outside live, in san francisco we have a beautiful shot here, look at this, downtown getting in on some sun. we have that fog that's beginning to return right now. temperatures here in the 60s, currently 62 degrees. and then we got those cooler 50s coming our way as we go through the next couple of hours with that fog staying put. most of this week we have been so lucky with the fog staying pretty strong at the coastline, tomorrow things are going to change for us. this hot area high pressure that's over the desert sou

hasbro is one of the top-performing stocks after they reported strong quarterly results. the ceo said price increases will go into effect in the fourth quarter and commented that costs are four times higher than a year ago. up 12.5% today >>> also, within the past hour, american airlines warned of fuel shortages at certain mid-sized airports asking pilots to conserve fuel wherever possible. it is up about 2.2% today and shares of coin base are seeing a nice jump as, you guessed it, bitcoin rallies. the stock is down 20% in the past three months but it is up on bitcoin's rebound ty >>> thank you very much, kelly the nasdaq hitting a record as wall street gears up for what's considered -- it's off it a little bit right now -- the most important stretch of earnings this earnings season 165 s&p 500 companies are due to report this week apple, amazon, facebook, alphabet, microsoft and tesla are all poised to make up the growth >> paul, of that six do you expect positive surprises from a couple, and is there one stock that you're worried about? >> i expect positive surprises fr

in responds sponge hasbro claims the training was mischaracterized by project veritas.health crisis. that is yours, ash. ashley: wouldn't guess where, salt lake city, utah, democrat mayor eric mendenhall and the city council signed a resolution created to policies and ordinances that are anti-racist. it cites numerous statistics from the utah public health, odds of coronavirus infection were three times more likely in salt lake city's latino neighborhoods. by the way latinos account for 14% of utah's population but they have contracted 40% of the state's cases. the city says it is working to address what it calls systemic barriers to health care including racism. to your point, stu, a word bandied about like confetti. everything is racist. stuart: lost its force. lost its power. ashley: yes. stuart: it is used so much, too often. ashley, a fine piece of reporting on both subjects. well-done, young man. look at this. plenty of green on your screen. the markets all bouncing very nicely, i said this before, and i will say it again, the dow is up 22points. that means it has

. >> this is christmas, toys and games are expected to rise in cost toy makers hasbro. they're expected to boost their prices in the fall and one analyst says that increase is going to probably be in the single digits. reporter tom, a golden has reaction from toy story owners and people who say this is did not want to hear. so here. our orders that were placed. months ago. >> and toy stores are still waiting. not just here but around the world. i was spanked out from this. i'm not getting mercia nice. and i'm not getting anything. it's a mess. it's a total total mess. >> but why with the holiday shopping season still 4 months away. well, this is why a global supply and shipping backlog caused by the pandemic. twenty-twenty was bad 2021 promises to be brutal. the advice for parents shop early this year. >> and if you see something and you like it by its. >> and you believe we're even talking about christmas. well, retail analysts say we need to if we want to put anything under the tree this year. remember the container ship stuck in the suez canal it slow down shipping w

it's interesting that shares are -- hasbro did not hike their guy dance. boltnecks, that could pinch demand. so they didn't up their guidance. but take a look ating lockheed martin, earnings of 652, lower than expected. real weakness in the aeronautics unit, that stock depletely unchanged. pet med express, wow, down 10 is %. earnings, revenue lower than last year, also lower than wall street expected. everybody adopted pets. everybody i know got one or two pents during the pandemic -- pets during the pandemic, ashley. but, you know, the advertisers started to come back, and just demand was down, so they said advertising was ineffective for them, and that stock's a big loser today. ashley: i guess that's honest. down 10%. thank you. let's a take a look again at these big tech names ahead of the earnings week ahead. take a look at amazon, up two-ths of a %, and it was mentioned earlier, reportingedly moving towards accepting bitcoin as payment. also creating their own digital token as well. not a big reaction to all of this, as we say, just up 4 points on am

coming up, the hasbro chairman and ceo brian boulder will be joining television at 3:30 new york, 8:30on. this is bloomberg. tesla picking up a heavy week of tech earnings after today's close. now profit. abigail doolittle is taking a look at the details. abigail: the shares are responding well into the earnings report. on the year tesla is down about 7%. before we take a look at the stock action, let's take a look at the expectations you were talking about in terms of record deliveries. the company is saying they preannounced 206,000 deliveries. that is the first time they have top 200,000 deliveries on a quarterly basis. it is expected to continue into the third quarter. they may have to put up more than that. if we take a look at a chart of tesla versus the s&p 500. tesla last year one of the best stocks, it is also added to the s&p 500. since that time it is been a sell the news event. tesla basically down about 26% from its all-time high. a big convergence with the s&p 500. this has to do with not just the pressure to put up better numbers than they preannounced, because the high

it's a new show on fox they're developing called "mousetra,p" and it's based on the hasbro game, mousetrap be -- i'm having a hard time imagining it because - [ laughter ] tv show based on a board game. i mean -- i'm serious. i don't have a clue what they would look like. it seems like a huge risk. i mean, who's in charge of this operation, you know? who's the mastermind you know, i can't even guess who would do this. some people think it's a a trivial pursuit. like -- complete balderdash. you know -- it really does boggle my mind because i'm not convinced it's up to par, cheesy as that might sound [ laughter and applause and this could get me in trouble because it's taboo to say. but the premise just doesn't connect for me [ laughter ] and if someone asked me to be on the show, i'd say "ew, no," because i don't know - [ laughter ] anything about board games sorry. [ cheers and applause guys, stick around i'm playing box of lies with kate beckinsale when we come back come on back [ cheers and applause ♪ new upgraded axe body wash. ♪ ♪ keeps you clean and smelling refreshed for 12 hours. ♪

only issue much of this might have been baked in mattel rallied nearly 9% after their arch rival hasbro delivered great numbers. it's still down a couple of bucks which i frankly think is absurd let's check out with with ena kraus the turn around artist, chairman, ceo of mattel. welcome back to "mad money." >> hi, jim great to be here. >> this is a true blowout. i'm going to stop trying to find things that are wrong and find things that are right. you have a turn around where you have both top line growth and profits. could you please explain to people how therefore the turn around is over and now you're playing offense? >> yeah. first of all, this was an exceptional quarter and an exciting time for mattel sales were up 40% in our adjusted ebitda grew by more than four times and once again we exceeded expectations our strength is foundational and broad based and we significantly outperformed the industry and gained market share in each region so we are now firmly in growth mode and our top line performance is adding momentum for transformation strategy to establishment there as an i.p.

shares of hasbro surging 10% the toymaker doubling quarterly profit forecasts up by strong marriage continuesn rising digital sales. lockheed martin one of the biggest losers in the s&p 500, down 3%. a rare operating charge in its aeronautics unit causing concern. that's despite raising full year earnings guidance. a $30 billion merger has been called off they have scrapped their deal to create the world's largest insurance broker last month the justice department sued to stop the merger, shares of aon up 7% now. willis stock is down 7%. e you're up to date, back to you. >>> tesla set to report earnings after the bell tonight shares in the green today. cathie wood argues the wall street doesn't understand tesla's long-term potential. joining us this morning author of ludicrous, the unvarnished story of tesla motors, ed myers with us. welcome back. >> thank you for having me >> it is going to be an interesting print, given all of the signs we see of encroaching competition, lucid trading today, watching mercedes what do you think they're going to say what do you think they need to say? >> well

let's talk about hasbro, the toy maker, this packaging engineering guy doing contract work was calledbies and racism by age three kids are already starting to apply stereo types may use racist language intentionally white children may report explicit or overt attitude to people of color. david johnson said hey i think people should know what they think about your babies and kids being racist. >> look, is it true kids see color shannon? yes kids see color they're not blind. doesn't mean they see race, they see race when we teach them to see race. when you teach a three year old kid that white kids are privileged what do you think he' goes to think. he's going to inherently see whiteness as superior. that's why this push for race consciousness is a driver much racism and in my opinion race consciousness doesn't end racism it causes it the younger we start the worst it is. it's important, the schools or elsewhere to call it out especially when we start that young because then we're tainting an entire generation ahead of us >> shannon: i think most of us remember having a childhood filled

expensive because of that spy shortage christmas toys games are all expected to jump in price to maker hasbro prices in the fall there are already predicting they're going to have to boost prices because they already know they can't make enough. let's go to tom. the govan for the details. >> so here. our orders that were placed. months ago. >> and toy stores are still waiting. not just here but around the world. was spanked out from this. i'm not getting merchandise son. i'm not getting anything. it's a mess. it's a total total mess. >> but why with the holiday shopping season still 4 months away. well, this is why a global supply and shipping backlog caused by the pandemic. twenty-twenty was bad 2021 promises to be brutal. the advice for parents shop early this year. >> and if you see something and you like it by its. >> and you believe we're even talking about christmas. well, retail analysts say we need to if we want to put anything under the tree this year. remember the container ship stuck in the suez canal it slow down shipping worldwide. think of that, then add a shortage of plastics b

mattel and hasbro both report price increases are coming this year because of higher production and shippingones >>> 11 years ago, prince recorded an album. today we're finally hearing it >>> mark zuckerberg wants to take you to the metaverse. take you to the metaverse. we'll provide the road map next. ♪ ♪ welcome to allstate. where everything just seems to go your way. ♪ ♪ you're in good hands with allstate. click or call for a lower auto rate today. what's on the horizon? you're in good hands the answers lie beyond the roads we know. we recognize that energy demand is growing, and the world needs lower carbon solutions to keep up. at chevron, we're working to find new ways forward, like through our venture capital group. backing technologies like electric vehicle charging, carbon capture and even nuclear fusion. we may not know just what lies ahead, but it's only human... to search for it. welcome to allstate. where our new auto rates are so low, ♪ you'll jump for joy. ♪ here, better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate

. >> toys and games are going to cost more this hasbro's expected to boost its prices in the fall. one analyst says that the increase will probably be in the single digits. reporter tom has reaction from tor rather toy store owners who say that this is news that just didn't want to hear. so here. our orders that were placed. >> months ago. >> and toy stores are still waiting. not just here but around the world. i was spanked out from this. >> i'm not getting merchandise son. i'm not getting anything. it's a mess. it's a total total mess. >> but why with the holiday shopping season still 4 months away. well, this is why a global supply and shipping backlog caused by the pandemic. twenty-twenty was bad 2021 promises to be brutal. the advice for parents shop early this year. and if you see something and you like it by its. >> and you believe we're even talking about christmas. well, retail analysts say we need to if we want to put anything under the tree this year. remember the container ship stuck in the suez canal it slow down shipping worldwide. think of that, then add a shortage o

liz: wow i am looking at hasbro working its spell on the markets in the final hour the top stock on thes entertainment division, and a sales boom specifically in its wizarding games unit. what does that include? the cult card game favorite dungeons and dragons boy that goes way back and magic helping send both eps and revenue past estimates in the second quarter stands at $103.51 that gives it a 9% gain this month alone. news breaking this afternoon, california is going to require all state employees and healthcare workers be vaccinated or face regular weekly testing. this on the heels of an announcement this morning where new york city mayor bill deblasio announced he's expanding the city's vaccination or test mandate to cover the entire city's workforce, which includes 300,000-plus municipal employees. now, california is requiring the same of its state employees, and all healthcare workers. in a bid to slow rise covid-19 infections specifically that delta variant morgan stanley is holding the hardline saying its workers need to be back in the office by september and that stock is jump

mattel and hasbro both report price increases are coming this year because of higher production and shipping up to 25% more, especially new ones >>> 11 years ago, prince recorded an album. today we're finally hearing it >>> mark zuckerberg wants to take you to the metaverse. we'll provide the road map next. it didn't get us to the moon. it doesn't ring the bell on wall street. or disrupt the status quo. t-mobile for business uses unconventional thinking to help you realize new possibilities on america's largest, fastest, and most reliable 5g network. plus customer experience that finds solutions in the moment. and first-class benefits, like 5g with every plan. network, support and value-- without any tradeoffs. that's t-mobile for business. show me the olympics. [ "bugler's dream" playing ] ♪ ♪ ♪ ♪ ♪ ♪ team usa is ready for the olympic games... ...and so is sharon! she got xfinity internet and mobile together... so she has fast and reliable wifi at home... wow! ...and nationwide 5g on the most reliable wireless network... oh my gosh! ...plus up to 400 dollars off her wireless bill! wow! chee

in mid june you can see it's 38,500 other cryptocurrencies all up some double digits toy maker hasbroon thanks to the popularity of dungeons and dragons and magic the gathering. more earnings out from defense contractor lockheed martin gap earnings of $6.52 a share. wall street consensusestimate was $6.53. revenue beat forecast and lockheed raised the full year guidance >>> mike santoli is covering the markets on what's a big week for investors. meanwhile, eunice yoon is on top of the latest tech crackdown headlines out of china we'll get to both. let's start with mike santoli on the markets. hi, mike. >> hey, joe. a lot of familiar patterns we had another friday levee tags coming into the weekend. that's four of the last five fridays are very, very strong. we proceeded that with another 3% shakeout and then return to all-time highs the other thing to keep in mind, fed meeting this week. it usually this year has been an occasion for the market to kind of churn a little bit, have some down time. late january was one, mid march. you had late april which didn't immediately cause anything

shares of hasbro surging today, specifically noted success they haven't did i higher by 12.2%. >>> hi to see you, carl the very rants administration is require its medical employees to get vaccinated the healthcare workers have eight weeks to get their shots it's the first federal agency to mandate legislation, a c chants of "where is biden" at least one member of congress also joined the demonstration. >>> in new york city, you know, a typical monday morning, made worse by a colorful, but messy spills of peppers on a key highway. the truck overturned, traffic slowed to a crawl for miles. you just never know in new york. >>> i heard about that. >> the spicy apple. >> luckily no toxic chemicals. >> agreed. >>> pfizer and moderna, expanding their vaccine testing to younger kids. meg tirrell has the details. >> hey, sara, the company is talking about where they are for testing with kids until age 12, this under a "new york times" report that the fda had asked them to expand the trials in this age group to pick up any rare signals of anything sorted with the myocarditis moderna say it is

one, every inch of north america now hasbro band. it's called low earth satellite. being from arizona as you know, being from the west, my rural, my native american populations in the middle of nowhere where it would be irrational to run a line of fiber or copper, now with a small satellite dish, they have broadband. we need to start thinking in terms of this century. the second thing is, the ability to audit, monitor telehealth, and telehealth is more than facebook with a doctor. telehealth is also the sensors i can wear on my body that monitor us and help us keep healthy and i believe week crash the cost of health care if we're willing to be disruptive with technology. thank you, mr. chairman. >> let me recognize the gentleman-- >> thank you, mr. chairman. thank you, mr. secretary, for being here. i just wanted to recognize how far we've come in the past 15 months. last year at this time the united states was the world leader in covid-19 deaths. today, we're the world leader in vaccination distribution and the administration. 42% of americans are fully vaccinated.