we have hasbro ceo chris cocks on investor day.we're seeing a sizable and broad rally for the second day in a row. it looks like we held the gains, up 700 points on the dow s&p 500 up more than 2.5%. and the nasdaq up even more than that right now up 3%. this whole rally is about yet again reassessing the fed rate outlook. this week in light of some weaker data on manufacturing and job openings does that make sense to you. we have been fooled before would you get back in? >> it makes sense, but it is probably still too premature, and seems like the market is trying the jedi mind trick, you will cut rates nothing on what the fed is saying suggested they're willing to cut rates next year if anything, everything they're saying is suggesting that inflation is corrosive they're words, not mine. and that it is going to linger for some time and take time to bring it back down for all those different reasons, the lower end of the range, 36, 3700 there is no reason to change this rally high. >> yes you are defensive, just like holly newman

then hasbro.missed -- adon't know what that means, they're down -- no, they're up, they're up. susan: i would say hasbro, yes, they missed on bottom line and sales came in with expectations and consumes are not paying for higher prices and having problems raising prices and toy giant says that while they did raise their prices for my little pony and et cetera, consumers are not keeping up with their sales because of a high inflationary environment. as you know, the market rewards companies that have been able to raise prices but then continue growing their sales like pepsi co and lvmh. not hasbro. it's a market that wants to go up. it's oversold; right. we've been looking at worst start since the great depression. stu: j&j, a moment ago we had the big board and only loser among the dow 30. what's the story? susan: i think the guidance was pretty weak. j&j beat on the top and bottom line and pharmaceutical sales and they narrowed their earnings at look. they maintained caution because of strong dol

hasbro includes new -f, my little pony, play doe and more. it's struggling with high levels of inventory and hopes to work off as the scholl i ohio dale shopping season continues much the gainer on the dow jones and might not thrill the sales force exec team. activist investor star board reveals a stake in the enterprise company and they focus on improving margins and sales force trades at discount due to a "suboptimal mix of growth and profitability". shares are up 4.25% for the year, year to date rather, they're down 39%. up three quarters of a percent and dan lobe sees hidden value in the hills pet nutrition and coalgate down 4% and intel is the dow disasser and reducing the valuation of the ipo and self-driving car unit mobilize. this was originally expected to come in at roughly $50 billion valuation and now intel is determining that the ipo under $20 billion. in 2017 for about $15 billion and mobile >> will be one of the biggest public offerings of the year and 3% today and investors say i'm in and intel has a very attractive yield of 5

we have the toys we love including 50% off hasbro, 30% off legos. these these are holiday gifts and you have guests coming in this game is a great way to keep them ent. them entertained. make sure you don't miss out on these deals, go to amazon.com and you can set set notifications for the deals you don't want to miss out on. they will be changing throughout throughout today and tomorrow. set notifications for things in your cart, on your wish list or in your search history. you can even have alexa remind you 24 hours in advance. >> additional ways prime members members can save on holiday shog holiday shopping, it's weird to say holiday shopping in october. >> we know it is important to ging mem even mo including prim >> todd walker, thank you so mu. so much. always good informatio. good information. bank of amer with a warning, the company says says the reserve rate hikes could cost the economy with 175,000 jobs per month starting next year bank of america expecs america expects a 5.5% unemployment rate. one full percentage point higher than with

world's hasbro announcing a napa valley edition of the iconic board game includes a number of famous napa county wineries as well as the famous grape crusher statue, the games available for about 40 bucks online through amazon can also be found at some retailers and tasting rooms up in napa. i'm looking to see well that shows all of the old yeah, i'm like, what do i was wondering? what school? one? sure. yeah. i'm sure those aren't the actual tokens, right? you would think wine glass the barrel. >> probably some grapes grapes. that would be a cool one. yeah, i'm a pretty good. what else you would? >> i don't know. cheese. >> a hot air balloon may be hot air ball and yeah, there you go. some vines, hasbro, let us know if you yeah, home trying to take second job while we're behind that work will be right back for kron. 4 news at 10. i see it in my office all the time. kids getting hooked on flavored tobacco, including e-cigarettes. big tobacco lures them in with flavors like lemon drop and bubble gum, candy flavors that get them addicted to tobacco products, and can lead to serious hea

on the other side, toymaker hasbro's profit cut in half as consumers rethink what they are willing to pay. you have activism over salesforce. we will continue to watch and see how that plays out. staying with technology, all eyes are going to be on netflix after the bell tonight when it reports quarterly results fresh off that planned ad launch. that stock is down 60% this year and the stream is expecting potentially they could add one million subscribers. kriti: something we will be watching. one of the big stocks we have been watching today, goldman sachs after posting earnings. offset an investment banking slow down. oppenheim or earlier discussed whether this could be discussed. >> it is always lumpy. we and most other analysts have been forecasting a decline in trading revenue next year. on the other hand, it may not happen. i think the world's central banks have stirred the pot to such a degree that investors are much more active than they were in all those years of financial suppression. it may well surprise us even though we and everybody else is saying it is not quite sustain

ceo basically saying there's healthy guest shopping then hasbro saying seeing demand destruction in this well for toys. >> i think it's healthy maybe not happy, the way consumers is. healthy meaning, ability as bofa said for consumers to absorb price increase and releverage. access to more credit, have the balance sheet for it the goods comp assumption was running so far above trend i feel that's an undertow we're going to have to deal with because it's going to be coming in and hasbro might be seeing part of that. >> mike, thank you for rounding out the hour with all major averages higher. that's does it for us on "squawk on the street. "techcheck" starts now. >>> good tuesday morning welcome to "techcheck" i'm carl quintanilla with jon fortt and deirdre bosa and a deal and exclusive, jon in l.a. for that. later a bull/bear debate ahead of netflix tonight big stocks used toing untouchable including amazon showing a couple cracks. de >> carl, another rally up 10% in just two days. salesforce meanwhile, take a look popping on news activist

amazon launching its new fall shopping event tomorrow promoting deals on electronics and products from hasbro. target announcing its weeklong black friday deals, and if you're worried about buyer's remorse, buying too soon and seeing a big price drop closer to black friday, we have one tip that can save you a bundle if that happens. that is coming up at 7:00, plus the start of the deals going live this morning. we will have the details. kumasi: tom cruise is said to become the first actor to shoot a movie in outer space. he has teamed up with the director from the bourne identity on a movie that could see him shooting at the international space station. the chairman of the universal film entertainment group confirm the plans to the bbc, saying tom cruise could become the first civilian to do a spacewalk outside the iss. plans and dates for shooting are still in development. can you believe that? kumasi: i cannot. not the hot sauce. a popular hot sauce brand is being sued. this lawsuit claims false advertising because texas hot sauce is not made in texas, it is made in north carolina. the man

hasbro announcing a napa valley edition of the iconic board game. it includes a number of famous napa county wineries as well as the famous grape crusher statue. the game is available for about 40 bucks online through amazon may be good christmas gift for somebody. you can also find it at some retailers and tasting rooms up in the napa region. if you want to buy local cold. >> all right. coming up here at 10 o'clock cracking down on gun violence on the peninsula by making sure guns never get in the wrong hands to begin with. more on the new plan in san mateo county. >> plus, south koreans coming together in mourning today after a crowd surge killed more than 150 people kron. 4 news continues in a moment. also when we return, a violent night in the south bay, 2 fatal shootings now under investigation. we'll bring you the latest. ere'a reason comcast siness powers more businesses an any other provider. tually, there'a few... mcast business offers the stest, reliable network... e protection security edge... d the most liable 5g network. nt me to keep g

hasbro announcing a napa valley edition of the iconic board game. very cool. yeah. >> it includes a number of famous napa county wineries as well as the famous a grape crusher statue. the game is available for about 40 bucks online through amazon. it can also be found at some retailers and tasting rooms in the napa region. are you monopoly person? not really. but it's you know, that i played the game play play the game. you doubled in a little know they go to jail, go directly to jab the shoe, the car and then bubble. that was my favorite. a lego released a new animated short to promote their updated back to the future time machine kit brick. >> to the future features lego depictions of marty mcfly and doc brown a new version of the delorean time machine made famous in the movie franchise. of course, the latest design more detailed than the version that was released way back in 2013 and has some cool features, including working goal wing doors, tires that fold for flight mode. a light up flux capacitor hood that opens up very, very cool again and comes with do

take a look at this wine country has now become part of monopoly hasbro has a napa valley edition ofopoly. it has a number of famous napa county wineries, a famous grape crush or statue. it's 40 bucks. >> for you to get this edition on zoom you can also find it in some retailers and tasting rooms and napa. they're selling this specific version of monopoly. i was going to say a great day in napa. you go out to one of the winery's, right. and you bring this game with kind of for a lot of about say the stakes for ever. i would months to finish a monopoly game. i never finished i just quit. play the game. when you're dead, you're all good and you can leave a bid to buy right now. coming over the next hour, president biden announces new plans to try ease the pain at the gas pump. we'll see what he's doing. >> and a new gun law set to take effect next year in the south bay. it's already facing some backlash. plus, deputies opened fire on a man in the north bay. what investigators say led up to that shooting. we're going to be right back. said don't go anywhere. r internet isn't ideal. dad

. >> reporter: in providence, rhode island, hasbro children's hospital is now at 125% capacity.e staying in the emergency department while waiting for available beds to be admitted. >> the last few weeks is something i have not seen before. >> reporter: the floor clinical manager has worked here 22 years. what you most worried about heading into the winter? >> i am worried about kids getting sicker and the lack of beds. just the volume of children we have in the hospital and being able to fit them all in for the care they need. >> reporter: another problem, recently more pediatric units across the country have closed, straining the system. >> we're bringing patients into the areas of the hospital we never used before. we're trying to relocate staff to those areas. >> reporter: for the news, i'm gabe guiterrez. >>> the feds charged with 13 people with being chinese spies today. justice department officials announcing the charges today. three cases, three different schemes. >> the government of china sought to interfere with the rights and freedoms of individuals in the united sta

rhode island's hasbro children's, 125% capacity. in illinois only 6% of pediatric intensive care unit beds are remaining. so that means things get even worse, they're going to overflow. brianna? >> so you have this situation, right, where rsv cases are actually overlapping with the flu season. what are we looking at here? >> reporter: well, we're looking at kind of by definition it's only going to get worse, because flu has just now started to pick up. so rsv is going up, up, up. flu, we know, because it does every year, is going to go up, up, up. i mean, you don't have to be a mathematician to see what is going to happen there. so more important than ever that parents get their children vaccinated against the flu. of course, get themselves vaccinated too. not only are you helping yourself, your helping to keep hospital beds available for children who need them. >> such a good point. elizabeth, thank you for that report. >>> wnba star brittney griner is scheduled to be back in a russian courtroom by a videoconference this hour to ap

i feel that's an undertow we're going to have to deal with because it's going to be coming in and hasbro might be seeing part of that. >> mike, thank you for rounding out the hour with all major averages higher. that's does it for us on "squawk on the street. "techcheck" starts now. >>> good tuesday morning welcome to "techcheck" i'm carl quintanilla with jon fortt and deirdre bosa and a deal and exclusive, jon in l.a. for that. later a bull/bear debate ahead of netflix tonight big stocks used toing untouchable including amazon showing a couple cracks. de >> carl, another rally up 10% in just two days. salesforce meanwhile, take a look popping on news activist starboard taken a new stake in the company. no word on the value, this chart says it all. shares here have underperformed the broader market tech sector and its peers over the last few years, which starboard uses due a "sub-par mix of growth and profitability. the firm pointing out the company hasn't generated meaningful reserve vance blue line on the bottom you're looking at saying the tarngts that salesforce laid out, guys, good

. >>> as we head to break, shares of hasbro dropped after issuing a downbeat third quarter revenue outlook. it cut its full year outlook, as well "power lunch" will be right back chi. i don't do most of the things you see in medicare health insurance commercials. cut! all the ads look the same because the insurance companies all see us the same. humana is different. they get to know you and listen to what you need. they have all-in-one humana medicare advantage plans with medical and prescription drug coverage. most plans include vision, hearing and dental for as low as a $0 monthly plan premium in many areas. humana has a large network, and they offer ppo options for even more flexibility. members saved an average of $9600 a year on prescription drugs. most plans include a yearly allowance for over-the-counter items. you can get tier 1 prescriptions with no co-pays or deductibles. call humana now to speak to a licensed sales agent. they'll treat you like a real person whether you actually go speed walking, or not. better care begins with listening. humana, a more human way to healthcare.

rhode island's hasbro children's hospital 135% capacity.pediatric intensive care unit beds available. so what this means is that when children are showing up at some emergency rooms for whatever reason and they are not in dire condition they are interesting v.ing to wait for hours and hours and hours. we've been told by parents that their children were scheduled to have a certain procedu and they've been told you can't because the hospital is too busy. the one thing -- the most important things that parents can do is get their children vaccinated against the flu. you do not want your children to get the flu, children die of the flu every year and you don't want to have the guilt of taking up a hospital bed when it probably wasn't necessary. get your child vaccinated against the flu, flu season is picking up, we have this double problem now of rsv and flu. do your part, get your child vaccinated, get yourself vaccinated. >>> this afternoon president biden set to get his updated covid booster shot. if you're wondering why not? you may recall

higher on a beat lockheed martin soaring up johnson & johnson beating on the top and bottom lines hasbro is pulling back after the bell we'll get netflix and we'll be joined with a preview in just a bit. >>> let's begin with the activist news that david faber broke today. salesforce shares are up 4%. david faber joins us with the latest i'm interested in the colgate news you brought but activism heating up. we can start with salesforce we did report that this morning. it was followed by a presentation by jeff smith at an annual conference we attended, an active passive conference in which he made a presentation that he focused on salesforce, a new position at starboard. interesting from their perspective because it is such a large company, we're talking about $150 billion or so market value. but it was underperformed. when you look back over the last few years it's underperformed the s&p and a lot of its peers and smith points to operating margins as a real focus for potential opportunity there. i'll let him say it. perhaps he can do so better than i can. >> what we would say, what i hav

promoting deals on amazon-branded electronics and products from the likes of hasbro, and others. this morning announcing its weekly black friday deals. >> start your season of savings with target deal days. >> reporter: spend $50 on toys get a $10 discount. for gadget lovers walmart also holding a rollback and more sales events from october 10th to the 13th. discounting items like the new apple watch by $50, and price slashing toys like this lego set that's almost half off. if you're worried that prices will drop even more as we get closer to black friday, look at stores that have price guarantee. they'll refound you the difference if the price on an item is dropped after you buy. that's a tip for early holiday shoppers. guys, i don't know any of those humans. >> always look for that price guarantee. >> that's right. >> becky, good to have you in studio. >>> coming up here on "gma," you all need to step up your halloween game. i'll explain why in our "play of the day." who says you can't get everything you want? like going for bold without going broke... and staying true to your

goldman, hasbro, j&j, netflix, ual, tesla, ibm, all in the next several days getting off to a nice startith futures in the green opening bell in a couple minutes, and you can always catch us any time, anywhere by listening to and following the "squawk on the street" opening bell podcast don't go away. the new iphone 14 pro is amazing. the camera is incredible. and you'll get our best deal. nice, but i can't accept it. unless every business gets the best deal. on every iphone. uh, actually... we already do that. the plumber with the ascot! big bjorn, little bjorn, too! the caterer who really cares. every business should get the deal! we make a good team. every business gets at&t's best deals on every iphone. including up to $800 off iphone 14 pro. (♪ ♪) >> announcer: is opening bell is brought to you by nuveen a leader in income, alternatives, and responsible investing. >> all right, let's get to a "mad dash" and then we got an opening bell about a minute and a half from now. splunk has been in the news a bit, the "wall street journal" reporting jeff smith has taken a significant position

hasbro toys up to 50%. barbie up to 40% off and my favorite, legos up to 30% off.'s, kohl's and target all have their own big sales running right now too. you don't have to be a prime member to access them. target has a roku tv more than $200 off. plus, target is also adding an extended price match guarantee. buy something there between now and december 24th, if the price drops before christmas eve, you can qualify for an adjustment. and when you think about the big picture, guys, last year at this time, retailers weren't sure they would get the products in stock because of all the supply chain disruptions. now they're sitting on too much merchandise and are worried about which way the economy is heading. that means deeper discounts and earlier holiday deals for you. guys? >> all right, rebecca, legos. >> legos! >> there we go, got you. "gma" getting under way in the trial of "that '70s show" star danny masterson. we'll talk about the role scientology may play in the case. >>> an incredible survival story. we're hearing from two men stranded at sea for 28 hours and

earnings season rolls on we hear from johnson & johnson and goldman sachs and hasbro and lockheed martin before the opening belt bell we have the interview with the ceo of johnson & johnson in the next hour. and david solomon will join us in the cnbc interview to talk about earns ings after the closing bell, we hear from netflix and united airlines. >>> elon musk deleted a tweet that appeared to tease a team-up with cankanye west it shows musk and west cartoon with logos of twitter and parler captioned fun times ahead. west reportedly agreed to purchase parler after being locked out of instagram and twitter. this may be the same image with kanye west is not the greatest of all looks >>> i'm trying to think -- i don't know how much money ckany west has and i don't know how much parler costs. >> decidedly less than twitter >> decidedly what are we talking about here a car? >> we have rolls-royce on this morning. kanye is loaded. he must start with a b >> his line is 10% of the revenue at adidas. >> that was a power couple for a while. >> maybe i misunderstood unlike michael jordan, he comp

. >> reporter: in providence, rhode island hasbro children's hospital is now at 125% capacity extra patients staying in the emergency department while they wait for available beds to be admitted. >> the last few weeks is something that i've never seen before. >> reporter: this children's floor clinical mageran has worked here 22 years >> what are you most worried about as we head into the winter >> i'm worried about the kids getting sicker and the lack of beds and just the volume of children that we have in the hospital and being able to fit them all in for the care that they need >> reporter: another problem, recently more pediric units across the country have closed, straining the system >> we're bringing patients into areas of the hospital that we never used before and we are trying to sort of relocate staff to those areas to best care for them. >> and gabe, to decrease the severity of this triple threat i know doctors are once again urging people to make sure their covid and flu shots are up to date >> reporter: yes, lester just 6% of americans have gotten their omicron booster shots. an