and now is that grocery chain, kroger would begin accepting the crypto? the only problem is that printing press release was a fake. the fraudulent announcement which was issued on p r. news wire and appeared on kroger's website, claimed the growth retailer would be accepting b. c, h for all in store and online purchases. starting on the 1st of december after the company explained that the press release was fraudulent. bitcoin cash gave up all of its gains on the day and actually dipped below the price where it all started. joining us out, discuss our bu, bus co host and our favorite crypto analysts, ben swan and chris, the i. christy, i want to start with you here. this is, this is kind of fraudulent press release. had gone on before with a recent one in september that claim that wal mart would begin accepting light coin . what is the purpose of putting out these kind of raja releases? well, the purpose behind this is the same as any pump and dumb scheme that the crypto markets learn from the equity markets. these things happen all the time and the equity

how did it in the kroger's website? it was a big press release, put into p r. news wire to someone at kroger. actually upload this onto their website and release it as well. and that will give a lot more credence to it as well because it came from this. and again, we don't know who started it originally. i'm not sure you ever know who actually started it originally because you can anonymously create these p r news wire news releases with no problem. and chris, i'm sorry, i don't want to want to do all this cuz we do have several other stories to get through. but i do have a question for you on that because, you know, i know you're all into the blocks and you understand that. could you actually see if there was a way who sold heavy amounts of bitcoin cash, you know, kind of, as it peaked it kind of at least have an idea of what while it might have been behind us. absolutely. you can actually try to see if there have been big wales or the, or an essentially a couple of big, well spreading out their transaction equally acr

. >> and the partnership with kroger >> the kroger partnership is the big thing. "fast money" is next thanks for watching. >>> live on the nasdaq market on new york times shares, this is "fast money. we are all over the after hours market action. plus, a stock that more than tripled today. how it caught one of our traders' eyes. will a big bet pay off we will be joined by robert goldstein for answers. >>> it might be the most important fed meeting of the year any news about a taper the dow industrial closing above 36,000 for the first time ever but look at yields the two-year treasury pulling back in a big way. what is the market saying about what we should expect tomorrow are they ready for the feds to start tightening >> tim >> we have central banks around the world doing what they could and seen yield changes but australia, canada, in some sense we have gotten a sense i think the taper and statement are things we could write on the show tonight any left accommodation by the fed or as i like to say more fed, more fed influence as relates to tightening leads to v

>> the kroger partnership is the big thing.ching. >>> live on the nasdaq market on new york times shares, this is "fast money. we are all over the after hours market action. plus, a stock that more than tripled today. how it caught one of our trader

it's also a company, shares of bed bath and beyond are soaring ahead of the opening it's now -- kroger has a lot of stores, by the way people don't understand how big this thing could be, an increase in buyback ahead of schedule which is interesting a pure delight bed bath and beyond's ceo mark tritton. it seems like you have course corrected. tell us about it >> yeah, thanks, jim good to see you. billed bold news we announced yesterday, in terms of two prongs one around creating authority in the home and baby space with our partnership with kroger and is the marketplace. showing the confidence we have in our three-year plan, we're at three quarters, which is substantial. but we believe we're on track. now it's actually a good company, but what i'm worried about, is it right to spend of money up here or wait until it comes in a little more >> we'll be prudent within the year on when and how we perform. obviously this was a big rock, creating some big ripples. so we've got a price to assess and evaluate really prudent spend. so, again. shares shooting up to 2732, that's a moment in time

cvs, kroger, rite aid all staying open.sed to crossing things off your holiday shopping list on thanksgiving day you know where to go. >> this is also great for retail workers. i used to work retail on thanksgiving. you had to go to the store and work. >> you had to go to the store and become a linebacker, holding doors. also, you talked about our industry as well. we love to cover black friday and stand there waiting for the lines. >> yeah, we did. hey, guess what, it's national sandwich day. ay something. i said it before and i'll say it again. if i thought a reverse mortgage was just some kind of trick to take your home, i wouldn't even be here. it's just a loan like any other, with one big difference, and that difference is how you choose to pay it back. - [announcer] find out how reverse mortgage loans really work with aag's free, no obligation reverse mortgage guide. eliminate monthly mortgage payments, pay bills, medical costs, and more. call now to get your free info kit. - other mortgages are paid back each month,

kroger was at the white house yesterday, walmart was at the white house yesterday, there's going to beus on the great meeting and instead they canceled it until tomorrow, and now this ftc news and it doesn't feel right these folks went to perhaps try to solve the solution and now being investigated grady thank you so much my friend. you know, folks, friday market was dealt a shift in selling we saw a massive dull ping of names that have already been down, so we saw a whole bunch of 52 week lows and i've been talking about that but then, we saw a whole bunch of 52 week highs start to dwindle. i think people are selling their winners but thud she be riding them out in fact be looking to buy the dip? i want to bring in mark tepper and david nelson to help us round out this show. mark i'll start with you. it seems to me, if you're in a stock that's down you're probably down a lot, so now it feels like people might be panic king, selling their winners , even though probably they wanted to hold on to it two or three days ago. >> i wouldn't doubt that so one of the things we've actually been

we didn't see that in west virginia as arm matter of fact the larger pharmacies and kroger and right aid and walgreens for the most part did a pretty good job of policing this to cut off people that were obviously bringing in bogus prescriptions but that doesn't seem to be the case nationwide it's a great question because there is a trial that just started earlier this week cities and towns across the country in cleveland where number of cases have been consolidated there actually going toe to toe with the pharmacy chains right now to say they contributed to the opioid epidemic. in west virginia, you have a situation and distributing thousand oxycontin pills and hydrocodone per month and then down the street two blocks away there is walgreens distributing 1000 oxycontin or hydrocodone per month. it is very different but my guess is that it went after less than the pharmacies than the chain pharmacies have a lot more money and a lot more at stake. host: is hydrocodone and oxycontin still being manufactured for those who have real needs? >> yes. they are still manufactured. the numbers

to add some of those private label brands into kroger stores.t really clear how this is going to affect the bottom line. remember, you're talking about a company that three of the past four quarters has missed on eps and revenue. we don't get their next earnings report until january. keep an eye on lyft, a 70% jump in revenue in the most recent quarter, as well as the 51% jump in ridership. they say they will be profitable on a full year basis this year, those shares up 13%. its main rival uber reports tomorrow night after the bell. tonight after the bell will be qualcomm get keep an eye on that for insights into the -- will be qualcomm. keep an eye on that for insights into the chip problem. the biggest decline are out there right now on a percentage basis, zillow down 16%, over the previous two sessions, down 19%. it is abandoning the home flipping business it started back in 2018 with a lot of fanfare and a lot of criticism. even just a couple of months ago, the ceo was saying this was still a good business. they actually sold two bond feels

the kroger opportunity is too big to ignore. i've got the shorts unfinished covering avis, lots of money managers wanted a piece of hurts but it's a balanced book to protect you from the down side when they went long hertz they got shorted. the stock exploded now what matters here is what didn't matter, and that's the traditional valuation metrics that so many money managers come on the air and tell their investors what really matters. should avis have added $10 billion. no, it shouldn't have. should bed, bath run like this i tried this and they wouldn't take the bet no, it probably wasn't but at the end of the day these stocks are like gamestop and amc. at the highs of the day they did divorce themselves from the fundamentals it happened. now maybe the better comparisons are netflix and amazon which is in the face of heavy shorting even though the valuations are totally unjustifiable until many years later. they were about superior bruisers i don't think anyone honestly believed these stocks deserved to trade as high as they di

mark tritton announced the new kroger tie-up. >> it's a clear entry point for both our bed bath brandwell as the bye-bye baby brand to reach out to a rider range of customers and be the dominant brand in the u.s. around the bed and bath category. so home and baby categories. we see that being tapped into a much wider customer base, and in some cases, a wider geography base is a big win for us and creates that authorities and gives kroger key brands and key statements and key banners they can utilize to also create authority with their customer. >> bed, bath, & beyond also said their $1 billion buyback program was ahead of schedule, but tritton told cnbc the company will be cautious about purchasing shares at the elevated level a little off its after market highs last night >> kroger up 5.5%. we have two minutes to go in the trading day. mike, what do you see as we look at records all around. >> pretty strong, even when the index was flatter or slightly negative, the internals were relatively strong. 2 1/2 to 1 just about volume split in favor of advancing stocks small caps leading, th

kroger, publix people are fleeing the cities for the suburbs.space that is working. no wonder the stock rose from $6 from spring to $24 and change today. it jumped to a multiyear high after they delivered an excellent quarter last night they still pay you 4% yield. thanks to the dip in hike they announced yesterday. so can they keep running let's check in with jim taylor get a better read on the corner. mr. taylor, welcome back to "mad money. >> jim, thank you for having me. >> okay. it's been a little bit since you've been on i was thinking that maybe you can refresh us it's been two years actually about what the strategy is and particularly because you got a great anchor strategy that makes it you have good growth and conserve tough people in your stock correctly. >> thank you, jim, we own 400 shopping centers across the sauchlt. we're one of the largest landlords to tjx, burlington, kroger, bellwether retailers and about 60% of our spaceis devoted to anchors it's about 40% devoted to small shops. we really are focused on a value added approac

we did not see that in west virginia as a matter of fact the larger pharmacies in the walmarts in kroger pharmacies, that the supermarket chain here in the rite aid in walgreens and cvs but the most part we did a pretty good job of policing this and cutting off people that were obviously bringing in bogus prescriptions but that doesn't seem to be the case nationwide there is currently a child that just started earlier this week in ohio between the cities and towns across the country as part of a consolidated mdl and cleveland were a number of cases have been consolidated or going toe to to with the pharmacy chains right now saying that they contributed to the opioid epidemic. in west virginia i have to say you have a situation we have an independent pharmacy, family pharmacy distributing 30000 oxycontin pills or hydrocodone for a month and down the street two blocks away there would be a walgreens that was to shooting 1000 oxycontin or hydrocodone a-month, it's very different in assisting pharmacy with more money and a lot more at stake. host: is hydrocodone and oxycontin still being man

fixed when it comes from gas and oil to even the stuff you're buying from amazon or walmart, even kroger? it does stretch here but maybe where this is going. we've seen very little business, you know, foundation for this. certainly when we're exploring on fox business, which you work at and you've demanded it, there's no grounds for it. >> there's no evidence of course it's a political angle. deflecting blame. it's so stupid. you think about it. you flood the market with liquidity, you pay people to stay home. prices go up, you know. you can't find workers. you'll have supply chain issues. duh. it's not walmart's fault. >> neil: they did say to that point that even though jerome powell said it's not transitory anymore, that this slows town. things turn around. oil prices dropping, energy prices dropping largely on the fear of a slow down from this variant, if it ever materialize z to have that impact, as a fall back that things will get better soon. do you buy that? >> you know, this is a complicated mess right now. we've never had this much liquidity flooding the zone -- >> neil: liquid

as a matter of fact, larger pharmacies and walmarts in kroger and supermarket chains here and right aid in cbs, for the most part, did a pretty good job of policing thise and cuttig off people obviously bring in bogus prescriptions but it doesn't seem to be the case nationwide. there's currently, there's a trial that started earlier this week in ohio where the plaintiff, the cities and towns across thehe country part of ths consolidated mdl in cleveland where cases have been consolidated, they are going toe to toe with the pharmacy chain right now saying they contributed to the opioid epidemic but in west virginia, i have to say you'd have this situation where you have an independent family-owned pharmacy w disturbing 30,000 pis or hydrocodone pills for months and down the street two blocks away there would be a walgreens disturbing like 1000 oxycontin or hydrocodone so very different but my guess is they left after the independent and chain pharmacies talking about chain pharmacies have a lot more money and a lot more at stake. >> hydrocodone and oxycontin still being manufactured for

and you have to remember, traditionally grocery is a very thin margin business that's largely why krogerus last mile delivery they're doing this with a company called nuro in the houston area and using automated warehouses grocery in places where kroger doesn't have stores albertsons is also using remote controlled delivery with a startup called tortoise. save 60% on delivery costs using their tech 750 billion on spending commercial autonomous vehicles 2027 aurora and too simple. other companies plus and you've got earnings coming up on wednesday afternoon, but this morning, it is offering a discount for disney plus in efforts the boost subscribers, offering one month for $2. the stock is up about half a percent this morning and tech check is back in a moment. meet clementine kumari breslaw, owner of doughn't be sour, a sourdough doughnut company. lines at doughn't be sour were out the door. chef clem and co. had such wild growth that they began distribution to stores nationwide. things were sweet. but not too sweet... chef clem was flying back from the national bread baker's conference,

there will be a handful of stores open this thursday if you need a last-minute item like kroger, 7-eleven>>> if you can't beat the heat, enter the cooking free dinner alternatives for thanksgiving. cracker barrel has family meals an feasts depending on the size of your group. it's offering home-style dishes as thanksgiving takeout meals. at ihop you can get a roasted turkey dinner with two sides, and all of its locations are open this thursday. >>> that's your cbs "money watch" report. for more head to cbsmoneywatch.com. at the new york stock exchange, i'm diane king hall. >>> so up next, toe-gate. why packers quarterback aaron rodgers showed off his bare foot during a virtual news conference. next, toe-gate. want more from your vitamins? at nature's bounty, we give you more. more immune support. with the only vitamin c that lasts 24 hours. more restful sleep. with the first-ever triple action sleep supplement. we put more of our brains into helping your heart. we give you more wellness solutions backed by rigorous science than we ever have before. nature's bounty gives you more, so you c

information on supply chain problems the biden administration seeking data from amazon, walmart, tyson, kroger and others to investigate the, quote, causes of empty shelves and sky high prizes the inquiry following a lackluster black friday both in person and online consumers expected to spend up to $11.3 billion online today, which would shatter records. the online deal frenzy comes after disappointing turnout on black friday. in person shopping down nearly 30%. experts blaming the weak numbers on discounts that kicked off in october shoppers making purchasers earlier than usual to avoid delays in the supply chain. in a supply chain crisis, being big has its advantages amazon has its own plane. this one headed to miami. this is amazon's busiest air hub in the country. the company says the fulfillment center process over half a million packages every day. workers sorting alongside robots that zoom across the warehouse. is amazon able to hire enough people to meet demand >> we're set for the holidays we would hire more if we could, but we hired 45,000 people last week it's a tight market. we're

the ceo of kroger joins us live with how the grocery chain is handling shortages, rising prices and panicked buying this holiday. >>> the best black friday deals you'll want to jump on from gift cards to gifts for your kids. plus your chance on a big ticket item for grown-ups and the doorbuster deals dropping tonight, so good that you'll lose sleep over them. >>> countdown so liftoff. after michael's big blue origin announcement, this morning what astronaut scott kelly is telling him to do when he blasts into space. ♪ a lovely day ♪ >>> and giving thanks. the college football player running back to give back for thanksgiving. >>> plus, he's back. the inspiring announcer fighting cancer. >> i can't believe i'm sitting here. >> dick vitale's emotional courtside return with a message that will have you saying, awesome, baby! ♪ >>> good morning, america. you got to love dick vitale. >> absolutely. >> what a man he is. it's great to be here with you on this day before thanksgiving. it's also great to be here with cecelia and whit at the desk. >> great to be with you. as we're having this conversa

. >> cvs, kroger, whole foods and old navy stays open this thanksgiving.ur list on thanksgiving day, you know where to >>> right now on "america this morning," political earthquake. the results overnight from the virginia and new jersey governor races. the clear message from voters this morning. >> we will change the trajectory of this commonwealth. >> our experts analyze the results. >>> also breaking overnight, the first young children getting their first covid vaccine shot after the cdc director signed off on pfizer's vaccine for kids ages 5 to 11. what parents need to know about the next steps and what scientists are saying about the side effects. >>> developing story, a pro football star arrested accused of dui after this deadly crash. what the investigation is revealing. >>> a mother's prayers answered. a 4-year-old girl police say was

ah, this is our desert, are these are the top stories were falling breaking news from kroger's son where the security services are saying they've followed what the calling a coup attempt at least 15 people have been detained, including politicians and former officials. so i'm to say they're concerned that a new corona virus, very undetected in south africa, could spread more easily and be more resistant to vaccines. several countries, including the united kingdom, israel and singapore, and imposing travel restrictions. we will be suspending all flights from 6 southern african countries and we were adding those countries to the travel read list. those countries are south africa, namibia.

these are the top stories were falling, breaking news from kroger's stand, where the security services are saying they've followed what the calling a coup attempt. that least of 15 people have been detained, including politicians and former officials. so i'm to say they're concerned that a new corona virus very detected in south africa, could spread more easily and be more resistant to vaccines. several countries including the united kingdom, israel and singapore unimposing travel restrictions. we will be suspending all flights from 6 southern african countries and we were adding those countries to the travel red list. those countries are south africa, namibia is seth to s y teeny. and it is in bob, wy, and or twana. and we will be, ah, requiring anyone that arrives from those countries from earth for a m, on sunday to quarantine in hotels. france says it's cancelled a meeting with the u. k. m to tackling people smuggling across the english channel . it's a protest against british prime minister boris johnson who's brimming paris for failing to handle the migrant crisis. that's after a

if you are somebody like a kroger, that will be harder. it will be a tale of two retailers. i think we will start to see that i think for right now the consumer is flush with cash and the reopen trade is there and they want to be out there spending but what happens when they burn through the cheaper inventory. if you have a good brand, you will be fine >> pete, as you know, your local target doing channel checks, you are going to hear strong numbers. but what about next year what are you looking for for target home depot gets all of the love, but any other names you are keeping your eye on? >> i thinkyou can have a bit o a read through that's why i think we were seeing the reaction we were seeing when you look at the home depot numbers, they are extraordinary. that stood out for me as the di difference between what home depot was doing. they didn't pass it along. didn't have the pricing power. who has the best opportunity i think target does have that because of the fact it is not exclusively really going into the direction of being a grocer which is 50% of what you are look

it isahead of schedule on the stock buy back and will partner with kroger to have some most popular itemstheir sctore ad online next year the company ceo will join squawk coming up. >> the outlook is short analyst expectations delaying the launch of two new games citing recent changes at the blizzard entertainment unit after they were sued after allegations of gender discriminations, harassment. shares are down. >> and lyft. this stock is jumping. lyft says both drivers and riders continue to return as night and weekend rides improve. shares tripling. don't miss lyft president and cofounder in a first on cnbc interview on "squawk box." >> still on deck, a beer with ingredients out of this world, literally. the top trending stories coming up next. when you hear the word healthy it always feels a little out of reach. but it's all about the baby steps. maybe it's a jump or eating something green. or taking mom to get that vaccine. ♪ healthier means bringing stuff to the folks ♪ ♪ that really need it. ♪ ♪ like help at 2 am or care that's right at home. ♪ ♪ believe it. ♪ ♪ and caring for them

companies like fedex and walmart, kroger, amazon, whether you like the politics and how they made moneyower prices for consumers. everyday low prices, they are gouging consumers, they reduced costs for consumers. neil: there are reasons and moments like my blaming the weight thing on a fibroid condition and keep going and they see me and say it doesn't. i remember, some of the things that were going on but you are a straight shooter, senior economic contributor, former trump senior economic advisor. whether you agree or disagree, he is his own man. a lot more coming up including what was really behind jack dorsey calling it quits. the prevailing reason is you can't run two companies and i'm thinking there are lots of guys who run multiple companies. elon musk comes to mind. is there something we are missing? i think we are. ♪ limu emu... & doug ♪ ♪ superpowers from a spider bite? i could use some help showing the world how liberty mutual customizes their car insurance so they only pay for what they need. (gasps) ♪ did it work? only pay for what you need ♪ liberty. liberty. liberty. libe

executives from best buy, mattel, kroger, and samsung are tempted to attend in person.s of walmart will attend virtually. hertz has announced a stock buyback program. it went public after -- the company has thousands of locations. the most high-profile black feature in luxury fashion has died. lvmh is start desire -- start -- lvmh's star designer battle cancer for several years. he was 41. he was known for success in sneakers and helping revitalize louis vuitton. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> this variant has a number of concerning mutations that resemble some of the other variants we have had. none of the variants escape the vaccine, none of them were like our worst nightmare. we have to go through the process of studying the variant while we continue to be vigilant. tom: joshua sharfstein on the domestic story of a micron and all we have heard about since for -- of all micron and all we have -- of omicron and all

i mean, germany now has had his highest case load ever in terms of kroger and all the comments i think is gonna push over the edge and we're gonna see locked else coming there in a matter of days, weeks of the most operate days when the c jeremy shut down in some way of france and italy of seeing the numbers increased rapidly. this still it rents below level, but they sort of steep up. it's like a wall going up that the numbers, so that is really what we're facing. learn so the lockdown is a definite coming in europe. the going to come hard. chrissy points out of the low crowns will travel bounds in japan. those are things of spreading rapidly. the u. s . so far has been fairly unscathed through this and i think that might come in the coming weeks though. so yes, we're going to see more downs and they're going to have a very negative impact on travel and also some of the business as well. now we know that some of the central banks may be happy about that, especially if they're not ready to taper just yet, but it does create a lot of concern. now kristi, i also want to bring crypto curr

the ceo of kroger is joining t i handling shortages and rising prices.ecrets for the perfect turkey and the best potatoes. haley stein failed, high -- can't wait to catch up with her. the cherry on top, the broadway cast of aladdin here performing live. live. i know it will cross - [announcer] the more we learn about covid-19 the more questions and worries we have. calhope can help with free covid-19 emotional support. calhope can help with free covid-19 emotional support. call 833-317-4673 or live chat at calhope.org today. - [narrator] if you're feeling anxious about the future, you're not alone. calhope offers free covid-19 emotional support. call 833-317-4673 or live chat at calhope.org today. kumasi: the judge ruled tuesday that three of the nation's largest pharmacy chains recklessly tribute it massive amounts of pain pills in ohio counties. this is is is is judgment for national pharmacy chains and the national drug crisis. reggie: big news for beer lovers. the pilgrimage will once again resume. it will be back in february and you can get the beer

, costco, walmart and others those are among the stocks they like including grocers, albertson's, krogerllar general, bj's wholesale. looking for evidence that the recovery is track that same note estimates that live births in june increase by 3.3%, the highest level back to 2013. >> is it just catch up we had the worst year on year drop ever in 2020. how much is new and how much is filling in >> the idea is to work off a low base back to 2020. we are talking about over a year's worth of incremental data coming out that could be a big deal by the way, millennials, the biggest generation in the country. >> if diapers are over $50 a box it's over. >> look for the sales at costco. >> you have been to costco kelly alone can raise costco. >> the two of you together. >> thanks for watching "power lunch" why "closing bell" starts right now. >> i'm wilfred frost at the new york stock exchange. major averages pulling back today. the s&p 500 in danger of breaking an eight-day win streak we head into the final hour of trading. we had decleans. >> for the first time. >> in nine days. >> welcome i'm

chief executives from best buy, mattel, kroger, and samsung are expected to attend in person. walmart and cbs will attend virtually. in new york, final jury selection in the opening are bigots -- open organs are set today in the trial of ghislaine maxwell, accused a grooming on during -- grooming underage girls for jeffrey epstein. canada is leaning towards forming a common front with mexico in a fight with the u.s. over the origin of auto parts. the rules are part of the overhauled north american free trade agreement. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. alix: some breaking news for you. jack dorsey, as we reported, stepping down as ceo from twitter. the new twitter is currently the chief technology officer. he has been that since 2017. he has been a twitter for more than decade. so eric agarwal -- so parag agrawal will be the new as well. lots of news with twitter. the stock still halted. before the news it was up about 3%, so giving u

prices may enrage consumers but the investor had been bellying up to the table on grocery chains like kroger% what albertsons has soared knowing the 1%, even the smaller groceries seem to be benefiting but it's a different story when it comes to scale. graffiti out it could be a double-edged sword. >> today we have those numbers, inflation six-point to percent on average from last year to this year. that's the greatest increase that we've seen in 30 years. prices are really rising. bacon, that is an area where you will see the price bump up. today you can pay up to $14 for bacon. that is because protein is one of the categories driving these prices up. meat is up 14.5%. fish is up 11%. it is a number of factors creating this problem. >> is a course of transportation, the cost of gasoline and the cost of labor. there is a lot of people that did not go back to work. we need our truckers to go back to work. the poor in the middle class are hurting where we have teresa prices of food. >> like you mention grocery stores are doing well when it comes to their stock prices. even though inflation is

spiking 100% after results bed bath and beyond pacing for 50% this week after a partnership with kroger and nvidia and tesla also up double digits this week with such volatile moves how much is increased options activities playing into the price action are they telling us anything about where the spikes could be coming next. joining me now, chris murphy of susquehanna. have things changed in options land. >> you nailed it huge spikes in the stock prices for the stocks you named we are also seeing a huge spike in implied volatility levels for those stocks and a huge spike in call volume. that is the classic meme, slash, message board stock we have been talking about for a while. teslais up a ton implied volatility doubled over the last two weeks nvidia, up 50% yesterday similar moves ine bed bath and beyond we typically see model tilt moving in when a stock moves higher but not this week. the question is how much of this is driven by the call volume we are thinking the call volume overstates the impact and you really want to look at the change in open interest, which is a different thing

new information on their supply chain problems, requesting internal documents from amazon, walmart, krogerte the, quote, causes of empty shelves and sky high prices. on monday president biden met with ceos to discuss the crisis. the administration's plan to declog the ports of los angeles and long beach now seeming to pay off. since increasing hours and threatening fines for slow to move containers, port officials report that cargo buildup has been reduced by 33%. major retailers like amazon have their own planes. that one is headed for san francisco. in north texas at amazon's busiest air hub, over half a million packages are processed every day. workers sorting alongside robots that zoom across the warehouse. while amazon says it's boosted inventory by 20% to meet demand, analysts say out of stock warnings are surging at many retailers nationwide especially for baby products, toys and home goods. gift cards sales are up 400%. experts say have items sent on the store instead of your home and if you're shipping gifts yourself, do it by december 15th. major carriers say that's the ground sh

can be fixes, but this meeting today, you had the ceo of best buy, the best buy of call mart, etsy, kroger. these are large companies. we just had small business saturday on saturday. those are the companies i'm worried about. the mom and pop shops that don't have the leverage. walmart bought their own container ships. so i'd like to see the white house get more voices in there about how they're really helping main street, particularly small businesses. >> yeah, a lot of democrats are nervous about this. they want -- whether it's in the house or senate to bring legislation to debate it, not what the white house has done, blame the shipping industry. i don't think that will work. people want results. they don't want finger pointing. some people want the white house to appoint a czar for simply chain issues. the white house has done some stuff on executive orders. but clearly what has happened to this point is just not working at least not yet. >> so president biden to your earlier point finds himself between a rock and a hard place. he has to portray america in such dire straits that we nee

. >> you can get a free turk did with purchase at winco and kroger when you spend $100 on groceries at they'll give you a free turkey or hyvee. you can check off your christmas shopping and thanks giving shopping in one swoop. when you buy a ham, they give you a turkey for free. >> charles: i was on your website and they had the best black friday deals. give us one. always creeps up on me. next thing i know, i have to catch up. >> yes, you should be doing your black friday shopping right now. started early. my favorite deal was a contigo water tumbler. normal price is $25. it's under $10 right now at amazon. >> charles: wow. absolutely. give me one more then. >> oh, gosh. so many. do i have to stay under $10? >> charles: i have big bucks. go to $20. >> oh, gosh. 20. i was going to talk about the air pods that are the lowest price we've seen. i'm not sure that deal is still going at amazon. walmart launched a ton of their black friday prices. too many to list. >> charles: great having you on. the crazy coupon lady. thanks so much. >> thank you. >> charles: big change could be headed to

names in the dow, coca-cola, mcdonald's, proctor and gamble, johnson & johnson, all on the weak side kroger, kraft heinz, a lot of these have been haven't been major contributors to the market, pepsi has recently but weakness today same with the retailers. nike has been a monster all year it is a big drag on the dow right now. dow is a price weighted index. nike is fairly high in terms of the price. that's weighing on thing the jx ross and gap are sideways what is holding up and the reason the market is holding up is generally technology keeps holding up the old high list is littered with advanced micro, broadcom and kla. what is strange is how broad the rally is you very rarely get historic highs in all theindices at the same time. but you very rarely get this deep into the year wherever i think issel major index is up almost the same. s&p 500, mid caps, small caps, and even the nasdaq. kelly, the main thing that happened -- we will talk more about this tomorrow, the record margins we have been seeing. a lot of the bears have been anticipating that in the third quarter and fourth quarter m

morgan stanley says this is how a negotiating process goes we've seen it with walmart and kroger a buying opportunity for v >> it is scary by the way that all the good news and love for mastercard from amazon is producing the worst result mastercard had an amazing meeting last week doesn't seem to matter at all my charitable trust owes mastercard and we're doing everything i thought the payments group was good it has gotten very competitive i have to have it under review for the club if only just for these are the greatest names on earth for five years maybe there are just too many of them got to do more work. >> i wonder your take, when i look at payments right now in fintech, i think that there is a group of companies some public some not yet that really bear more attention one is bill.com, these companies working with small and medium business on rethinking, redoing the way they do payment. avalara is another one working on tax and compliance. you go into the startup world. companies like gusto working on back office kind of putting together the packages of not only back office loan bu

. >>> a ceremony at the reopening of a kroger supermarket where 15 people were shot in september. own store's manager says it helps restore a sense of normalcy. >>> let's look at stocks which are at session lows right now. a story of the day, rivan. priced at 78 opened at $106.75 hit a high of 120. and trading right around the $100 mark. coming up, we will get you caught up on all the day's movers, including callaway golf. we will ask the ceo how 'she dealing with higher prices and supply chain problems. stay with us (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. in business, setbacks change everything. (crowd so get comcast - bit business interneto! and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a limited ti

dealing with the supply chain crisis they also asked proctor and gamble, tyson food and craft and krogerrmation they want to find out what the companies are doing to fix the problems and how they allocate product among stores when products are scarce. >>> and elon musk taking to twitter, musk writing, oh man this year has been such a supply chain nightmare and it's not over he added quote we'll provide an updated product road map on the next earnings call he had previously said he would stop speaking on tesla's quarterly conference calls an fda advisory panel is set to meet today to review merck's experimental covid pill. the agency will decide whether to grant emergency use authorization ahead of that meeting. fda scientists said their review found several potential risks with the treatment in use around unborn children but remember some antiviral oral treatments appear to be on the way. >>> let's turn now to the american consumer. shoppers apparently not in the mood to spend all day online in front of a computer screen, clicking on deals on monday. early figures show that flat sales al

the kroger supermarket chain has been testing.omous delivery since 2018 albertsons is testing last-mile delivery in northern california using remote controlled karts. but this is leading edge. and if you're worried about safety, the company say they are to working and waiting a long time before taking this dramatic final step. >> for the first 2 we would leave a patient with us. it could have been on board, making sure the but the dog experience on this out. a new out into street before he could take the time that out. >> that was tom negovan reporting for us tonight. >> up next, a hazing investigation has led the head coach of the uc davis baseball team to resign. we'll explain what's in the final report and it's r >> claims of dangerous alcohol consumption inappropriate behavior and other misconduct now coming to light as part of a hazing investigation involving the uc davis baseball team and now the team's head coach has resigned from his job. the report said that matt van failed to take appropriate steps to address concerns ab

a variety of retailers and grocers from best buy to samsung to etsy to kroger are meeting with the president to discuss the health supply chain and economy. heading into today's meeting the ceo of food lion told cnbc the company has quote ample supply for customers. the white house has for weeks been making the case that shelves will be stocked for the holiday season and the supply chain issues are getting fixed pointing to comments from the los angeles port ceo that the number of containers sitting at ports has fallen by third. of course the variant could challenge that if it causes labor shortages. president biden is going the li out a new covid strategy this thursday but dr. fauci says definitive information won't be available for another two weeks. of course just before christmas. >> is there any expectation there is going to be an actual plan that originates out of this it seems to me a lot of supply chain disruptions -- nothing can be done about them really? >> certainly, any progress, if you talk to players in this space, melissa s slow-going at best that's why they point to some of t

retailer announced an accelerated stock buy back plan and an online deal with super market chain krogermpany capri holdings blowing past earnings estimates. the stock is up 12% on brands michael kors and versauchy capri raised profit guidance for the rest of the year. >>> deere shares are down 5% after union members rejected a second contract offer. workers have been striking the farm and construction equipmentmaker for nearly three weeks now. some rank and file union members are calling for deere to increase benefits that have eroded in recent years >>> and a key measure of the u.s. services sector soaring unexpected in october. the ism's nonmanufacturing index hitting its highest level since it was started back in 1997. big growth in real estate and leasing highlighting the shift in spending from goods to services you're up to date, carl. i'll send it back to you >> busy day, sue, thank you. >>> meanwhile, the nasdaq is trying to hold on to its longest win streak in over a year. josh lipton has some stocks driving the action >> let's start akamai enjoying a day in the green and q3 and

so other retailers are also testing out the tech kroger testing it out with nuro in the houston area and warehouses to deliver groceries. albertsons is using remote control delivery with a start up called tortoise. here remote drivers use an x box controller to operate the vehicles grocers can save approximately 60% on delivery costs using their tech web bush estimates $750 billion in spending on commercial avs in the next five years. here's a couple stocks to look at aura and simple and embark and a couple of called plus will have special counsel -- spac investments this year. >> they're going to run out of names eventually but all this robotic stuff is cool, is it seen more as a way to help the labor shortage or, let's be honest, to cut costs because robots don't take sick days >> that's a great point, brian let's start with walmart for walmart i talked to them extensively. i asked them is this a cost cutting measure. they said, no, it's more about increasing capacity and allowing their associates to spend more time talking to customers, helping customers in the store because that'

a list of the number of companies here look at this list, ceo of best buy, samsung, mattel, etsy, krogernd in the meeting the president of food lion says that their supply chain has been robust. >> we started with an immense amount of planning to be ready for the business and for customers to be able to buy what they need at our stores and we worked very early with our vendor partners to get clear on our forecast for the business. reporter: she said they worked hard with their vendors to plan ahead and get clear forecasts. now, it has taken time to get the bipartisan infrastructure money out and working. that'll likely be next year sometime. the president, though, still trying to say he can grow the economy. >> early estimates are that black friday sales were up nearly a third since last year, and in-store sales were up by nearly even more than that. reporter: and he's talking about how sales were up, now in my exclusive interview on friday , he said he was hearing over the summer from retailers that they believe the supply chain issue should be worked out by the end of this year. well n

announced it will finish a billion-dollar buyback ahead of schedule and launched a collaboration with kroger's that is good for 16 and a quarter% higher, bank of america also same both pieces seem to be leading to a short squeeze in bed bath and beyond. let's get a quick check of gamestop, the original short squeeze to our friends, were looking at gamestop about 5% the retailer sitting on the top of read it wisdom at this hour. to the bottom of the s&p 500, the nasdaq videogame maker, the coleader stepping down and it has delayed the launch of two hot games over watched two diablo for as we look at op division blizzard is down 14% we should check classico, ea down three quarters of 8%. it is place he could down 25%. zillow on track for the biggest single day percentage drop since march of 2020 after the online real estate platform set of plans to shut down the business that buys and sells home zillow offers it will reduce the workforce by 25%, that is big, they are cutting a quarter of their workforce simply because they are shutting down the one division because they did not timed it right. t