and bitcoin trimming the holdings, and investors will take aim at kohl's, and is instacart taking aim at the investors. >> dom chu, good to see you. >> yes, thank you, becky, seems that we were all hanging out at "squawk box" but it is 1:00 p.m., and the markets are hanging out at the highs of the day, and a 100-point gain for the dow industrials, and doesn't seem like a lot, but at the lows we were down, and decent-sized comeback and the s&p 500 has 1/3 of one percent. and 13670, and the underperformer off 1% of the day. and one story playing out on the macro side of things is the interest rates they are on the rise today and 1.358% and a hair behind the highest levels of the course of the year. you have to go all of the way back to last year to find this level at 1.4%, so keep an eye on the 10-year treasury note yields and because of that, the financials and the banks are continuing to be in focus, but this time, because of the deal. mnt bank and buffalo bank is buying bridgeport bank and those banks have been taking a divergence, but mnt is up today, and 14% gains on the day for pe

meta declined on whether mccarthy's addition suggested instacart was contracted a direct listing andllion and is one of the year's most anticipated ipos. some of the most prestigious names are early backers including sequoia and andreesen horowicz demand has been surging among the pandemic every major grocer has led to recent speculation that it could be considering its own grocery offering m metha told me instacart is focused on empowering them back to you. >> that's a good scoop, "d." a reminder about tonight, by the way, do not miss our special path forward, a report on the recovery of small business going into the post pandemic period, how much of a boom can they count on in the spring and summer at least. it's 8:00 p.m. eastern time tonight right here on cnbc ♪ ♪ ♪ why do you build me up, build me up... ♪ ♪ buttercup... ♪ ♪ baby just to let me down! ♪ ♪ let me down! ♪ ♪ and mess me around... ♪ ♪ and worst of all, worst of all ♪ if you ride, you get it. geico motorcycle. fifteen minutes could save you fifteen percent or more. ♪♪ geico motorcycle. ♪♪ ♪♪ - [narrator] grubhub perks

does instacart even want to be in that space with the low margins. businesses which are higher margin it may be enough for the company at least for now as it looks toward an ipo. >> you are getting at my question in all of this, which is are we saying that instacart is exploring in these robotic warehouses actually going direct to the consumer packaged goods companies and buying their own groceries and becoming like an amazon or that the grocery stores would help stock their warehouses and therefore it wouldn't be lost business or we just don't know? >> that's the key question the short answer, is we don't know you have to wonder if grocery stores as they currently run are equipped to have robots operating within them if they have warehouse space whether robots could operate instacart's technology is more advanced they are helping modernize the brick and mortar grocery space the fear i think for the partners is that they go do it on their own kind of like amazon has been doing it. >> time for a cnbc news update with with re held solomon. >>> let's st

that sets us apart from other competitors including instacart.ssive will you be on more food delivery acquisitions, more tangential acquisitions this year? dara: we have been really aggressive in 2020 in terms of transactions. we had 17 transactions in 2020. 2021 is can be much more focused on organic both. we are always going to be opportunistic on other innovative companies out there, 202021 but -- but in 2021, we see a path for our delivery business expanding, we already have a $44 million runway and it is about profitability. so expect 2021 to be much more about organic growth and we are always going to be opportunistic. emily: so talk to us about the challenges of getting to profitability in the middle of a pandemic, when you have pricing competition with doordash and grubhub. is there any chance your profitability goals could be accelerated? dara: well, we are quite confident we are about to be profitability and 2021. the timing of that is going to depend largely on when the mobility business comes back. because while the delivery business

. >>> instacart and walgreens are teaming up for delivery on a slew of products including essential itemsdes over-the-counter medications, beauty items, and other drug store purchases. delivery could be as fast as an hour. consumers will be able to shop through the instacart app or walgreens website, and there is no membership fee. the partnership is kicking off in illinois first and will expand to other walgreens in the u.s. in the coming weeks. >>> get ready for high-tech mail trucks on the roads. the postal service struck a ten-year multibillion dollar deal to replace its aging fleet of vehicles. the sleek new designs will include both battery electric vehicles and those with low emission internal combustion engines. the vehicles will also have 360-degree cameras and an advanced collision avoidance system. the trucks could roll out as soon as 2023. anne-marie? >> diane king hall in new york. thanks a lot. >> you got it. >>> so still ahead, pioneering scouts. we will hear from some of the first-ever female eagle scouts. first-ever female eagle scouts. ♪somebody been eating oikos.♪ ♪now

instacart promises to deliver items to homes in as fast as one hour last month, instacart announced it planned to cut about 1,900 jobs as retailers trained their own employees to pack online orders. >>> on wall street, stocks jumped, rallying for a third straight day a 1%er it was, the dow up 332, s&p up 42, the nasdaq up 167 i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news from stadiums to fairgrounds, to school gyms and theme parks, states and cities across our nation are opening vaccination megasites to get shots into arms as quickly as possible l.a. county has already set up six mass vaccination sites officials say the one at dodger stadium could vaccinate up to 12,000 people a day, once it's fully up and running starting tomorrow, some new yorkers will be able to get a shot at yankee stadium governor cuomo says 15,000 appointments will be available during the first week. >>> and a new 16-lane vaccination site just opened at texas motor speedway county official says they are aiming to vaccinate around 10,000 people a day, three days a week nbc's

. >>> instacart is raising prices in california to give gig workers more benefits. this comes after voters passed proposition 22. customers will have to pay an 8% service fee, that's up from 5%. people who subscribe to instacart's express plan, that's $10 a month, won't see the increase. >>> jeff ranieri gave us a memo an hour ago, leave him alone this weekend because he's busy doing nothing. >> good plan, jeff. >> and just as i said that, i go, oh, i don't really want to be left alone, right? covid days, we're all under these restrictions. and it does feel kind of odd to say i'm going to do nothing because we don't have too many options. if you're looking for a lazy weekend, we've got you covered. let's go ahead and bring you outside to our live high definition sky camera network in san francisco. you can see we do have some cloud cover lingering around, some showers, some fog earlier today. we've dried out from that activity. as we roll through tomorrow morning we'll get another chance of quick moving rainfall and temperatures in the upper 30s to low 40s. through

yes, wal-mart walgreens has launched instacart same day delivery in illinois that start today, but they expect this to lay the groundwork to expand to all of their 8,000 stores in the coming weeks of 10's of thousands of nonprescription products is what you'll be able to get delivered over the counter medicines health and wellness beauty personal care household staples, those will all be available for same day is for delivery the home depot thanks eco friendly power tools will be a hot trend. it's launching a new lineup of tools, including trimmers and blowers that are cordless cordless tools are considered to be more environmentally friendly and crocs have been a pandemic staple. they have huge sales games last year fact record sales lot of people like these for the garden we're doing a lot of gardening lester maybe that's what's behind this says he's optimistic that the brand will grow and that so with the help of some new products like crocs sandals and netflix has a new feature to let you automatically download shows and movies based on your is rolling out today on android will be t

. >> consumer applications like doordash or instacart to get our food, those are things that can franklysave lives in emergency situations by giving firefighters realtime access to information. >> reporter: we've all seen the risks and life threatening conditions firefighters safe. incident commanders can see who's in danger. battalion chief mat barnes says he knows firsthand how tablet command can save lives. >> our engine was cut off and needed to rapidly escape. if he wasn't utilizing that technology it very likely could have been a dramatic tragedy. >> reporter: with the next fire season ahead tablet command has upgrades that will help agencies share location data even if on different platforms or when wireless technologies drop. it's relied for years on wall maps, map books, white boards and manual logging. >> they get this ah-ha moment of tablet command. they realize the benefits of being able to see and manage everything. >> reporter: david louie, abc 7 news. >>> this sunday will be the last day on the job for u.s. attorney david anderson. i spoke with him this afternoon about his

limits chopped more than $30 billion off the market value reddit craze drove it up nearlye 3,000% >>> instacartliver items to homes as fast as one hour. last month announced plan to cut about 1,900 jobs, and some retailers trained their employees to pack online orders. >>> on wall street, stocks rallied, do you up 332, s&p and nasdaq up as well. i'm shepard smith on cnbc. top of the news. stadiums to fairgrounds, school gyms, opening mega sites to get shots into arms quickly as possible l.a. county set up six, dodger stadium can vaccinate up to 12,000 a day once up and running. new yorkers will get a shot at yankee stadium governor cuomo said 15,000 appointments available first week new 16 lane vaccination site opened at texas motor speedway aiming to vaccinate 10,000 a day, three days a week morgan chesky is there >> reporter: what's most impressive about this massive vaccination facility is its efficiency organizers are averaging about 22 minutes from moment person drives up and is checked in at tents behind me to the point they pull up to this tent where they encounter volunteers that have c

diversity at the earliest level when some of the biggest decisions were made i was amazed to see instacartplus the founder and its ceo told me having a small board has actually been helpful at the growth stage so how do you encourage companies, ones that have grown so big already to make this a priority earlier on >> yes, it has to start early and it has to start from the top. once you have a team that is pretty homogenous, it is tough to diversify one, you probably are all, in sync, you have group think but also any new person doesn't want to be the only one so you have this cycle where once you start off on the wrong foot, it's very tough. we have information at least for publicly traded companies, more diverse boards lead to outperformance i think it's tougher at the earlier stage but data points. i do definitely respect company's willingness to stay nimble but you should absolutely at minimum have a diverse executive team, a diverse employee base and once you get to the stage of series c or d level, potentially going public, at that point, you should absolutely have diverse board membe

. >> consumer applications like doordash or instacart to get our food, those are things that can franklyighters real-time access to information. >> reporter: we've all seen the risk and life-threatening conditions firefighters face. incident commanders can see the who is in danger. battalion chief matt barnes with southern marin fire district says he knows firsthand how tablet command can save lives. >> our engine was cut off and needed to rapidly escape. if he wasn't utilizing that technology, it very likely could have been a dramatic tragedy. >> reporter: with the next fire season ahead, tablet command has upgraded that helps share fire location data, even on different platforms or when wireless connections drop. the technology is a leap forward for the fire service that has relied for years on wall map, map book, whiteboards and manual logging. >> they get this ah-ha moment on tablet command. they realize the benefits of being able to see and manage everything. >> reporter: david louie, abc7 news. >> all right. let's put some of that weather technology to use now, ama. >> spencer chri

. >> consumer applications like doordash or instacart to get our food, those are things that can franklylives in emergency situations by giving firefighters real time access to information. >> the technology is a leap forward for the fire services that have relied for years on wall maps, map books, white boards and manual logging. >> help me! help me! >>> still ahead, lady gaga's dog walker screaming for help as a thief steals the singer's dogs. the surveillance video showing what happened and the massive reward that is now on theli lin >>> you're looking at the new york stock exchange. we're down about 105 points. another update often how the markets are doing next. >>> and we have a preview of a special broadway performance coming up on "gma" to celebrate black history month. before we get to that, we bring in mike nicco. hey, mike. >> good morning, reggie, kumasi, hi, everybody. let's get back to the weather and talk about what to expect when you step outside. a little warmer up in the highway 1 corridor in the north bay and around concord. otherwise, everybody else is cooler, signifi

it is the equivalent of amazon, doordash and instacart in one company.ess school to drop this company. it was a groupon style company and then they pivoted. it's been sought after by every major company as an acquisition target for a long time amazon, alibaba and the like, the valuations company is likely somewhere on the order of $50 billion. we're going to have a lot more on this ipo. soft bank, we should note, owns 38% of this company. at a $50 billion valuation they would make $19 billion that's seven times their money so we will go through the filing just crossing right now. joe? >> all right, andrew thank you. >>> coming up, don't miss our first on cnbc interview with aurora cannabis owner after it got caught up in the reddit fueled volatility. they found it. this is the solo on "where have i known you before" in case you didn't hear it the great chip korea, what a band "squawk box" will be right back. we see breakthrough medicines getting to patients in record time. at emerson, our automation software is empowering pharmaceutical companies to acce

i started working with instacart since march 2020. i'm putting my life on the line for these costumers. and we're not treated equally. these companies are not providing us with a lot of p.p.e. i have to spend $200 to $300 a month on masks, gloves, hand sanitizers and wipes. and, also, i have to take time off to clean my vehicle. and i'm not getting paid for that. i'm based in san francisco, california, and i'm part of reachout progress. it is just so sad that these companies are not helping us out. we're putting our lives out there. there -- sorry. it is just too much. they really need to do something. seriously, please, i beg you to please help us out. we deserve better. these companies are not going to help us out. our lives are in your hands. thank you vietnam. very much. >> chairman: thank you for sharing your comments, lucas chamber. mr. coop, could you bring us the next caller, please. one last reminder -- yes, please, go ahead.[speaking foren language] [speaking foreign language] >> chairman: mr. chair, we did not receive a req

. >> reporter: some companies like trader joe's and instacart offering financial incentives to employees. let experts say that's an employer's right. >> under the americans with disabilities act as long as they're not requesting information from an employee it's legal to require the vaccine. >> reporter: and pfizer has launched its clinical trial in pregnant women and the organization for fertility doctors says that it does recommend the vaccine for pregnant women and women trying to get pregnant. cecilia. >> okay, erielle, i think so many people will have real questions about this. what is the bottom line advice from legal experts that you're talking to? >> reporter: so legal experts say, of course, this is a very thorny issue. there can be exemptions for medical reasons, possibly for religious reasons, as well, but as you heard there in the piece, cecilia, legal experts say there is legal ground for employers to require the vaccine. cecilia. >> okay, erielle, thanks so much. michael. >>> coming up, our "play of the day." the day." hey rodgers! look, i'm you! jake from state farm, you c

i started working with instacart since march 2020. i'm putting my life on the line for these costumers. and we're not treated equally. these companies are not providing us with a lot of p.p.e. i have to spend $200 to $300 a month on masks, gloves, hand sanitizers and wipes. and, also, i have to take time off to clean my vehicle. and i'm not getting paid for that. i'm based in san francisco, california, and i'm part of reachout progress. it is just so sad that these companies are not helping us out. we're putting our lives out there. there -- sorry. it is just too much. they really need to do something. seriously, please, i beg you to please help us out. we deserve better. these companies are not going to help us out. our lives are in your hands. thank you vietnam. very much. >> chairman: thank you for sharing your comments, lucas chamber. mr. coop, could you bring us the next caller, please. one last reminder -- yes, please, go ahead.[speaking foren language] [speaking foreign language] >> chairman: mr. chair, we did not receive a req

i started working with instacart since march 2020. i'm putting my life on the line for these costumers. and we're not treated equally. these companies are not providing us with a lot of p.p.e. i have to spend $200 to $300 a month on masks, gloves, hand sanitizers and wipes. and, also, i have to take time off to clean my vehicle. and i'm not getting paid for that. i'm based in san francisco, california, and i'm part of reachout progress. it is just so sad that these companies are not helping us out. we're putting our lives out there. there -- sorry. it is just too much. they really need to do something. seriously, please, i beg you to please help us out. we deserve better. these companies are not going to help us out. our lives are in your hands. thank you vietnam. very much. >> chairman: thank you for sharing your comments, lucas chamber. mr. coop, could you bring us the next caller, please. one last reminder -- yes, please, go ahead.[speaking foren language] [speaking foreign language] >> chairman: mr. chair, we did not receive a req

i started working with instacart since march 2020. i'm putting my life on the line for these costumers. and we're not treated equally. these companies are not providing us with a lot of p.p.e. i have to spend $200 to $300 a month on masks, gloves, hand sanitizers and wipes. and, also, i have to take time off to clean my vehicle. and i'm not getting paid for that. i'm based in san francisco, california, and i'm part of reachout progress. it is just so sad that these companies are not helping us out. we're putting our lives out there. there -- sorry. it is just too much. they really need to do something. seriously, please, i beg you to please help us out. we deserve better. these companies are not going to help us out. our lives are in your hands. thank you vietnam. very much. >> chairman: thank you for sharing your comments, lucas chamber. mr. coop, could you bring us the next caller, please. one last reminder -- yes, please, go ahead.[speaking foren language] [speaking foreign language] >> chairman: mr. chair, we did not receive a req