lipton. stop chuggin'.rt sippin'. >>> new video overnight from a massive fire at this resort in the dominican republic. flames spread from a theater on the property in puerto plata across a wooden roof to where employees sleep. no injuries have been reported. >>> in chile a driver is okay after his truck nearly took down this suspension bridge hauling logs and mistook the crossing for one that was stronger. officials think the span will eventually fall down. >>> and it looks like nasa will have to scrub its plan to send people to the moon in 2024 because the special space suits won't be ready. nasa's inspector general blames the delay on funding and technical issues suggesting the final cost for two space suits could jump to $1 billion. elon musk is now offering to help. >>> we turn now to actress christina applegate revealing that she's been diagnosed with multiple schlerosis. her announcement is shining the light on this unpredictable disease. on screen christina applegate can flawlessly navigate a crisis

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lipton. stop chuggin'.tart sippin'. ♪ ♪ flavors that won't rush you through your♪ ♪y, or night. >>> we're getting our first look at incredible video from eastern alabama. a man jumped 25 feet from that burning cherry picker there. the device caught fire after making contact with a power line saturday in oxford. he landed in a tent quickly used by firefighters as a safety net. he suffered a leg injury and suffered smoke inhalation. >>> in new jersey, two people were hurt after a car went soaring through a wendy's parking lot. police say the driver appeared to have a medical issue. that car left the road airborne, slammed into another car in the wendy's drive-through and crashed through one of restaurant's windows. everybody is expected to be okay. >>> now to the dramatic video of a zoo worker being attacked by an alligator. that gator clamping down on the woman's arm and pulling her into the water when one brave bystander decided to take action. abc's megan tevrizian has the story. >> reporter: this morning,

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lipton. stop chuggin'. start sippin'. welcome the rainbow. the rainbow. ♪ ♪ flavors that won't rush you through your day, or night. ♪ ♪ >>> checking the top stories the u.s. military is now in charge of afghanistan's air space. as out tries to evacuate thousands from the country.afan and running out of options as the civican side of kabul's airport is closed. the afghanistan president fled the country amid the u.s. troop withdrawal. >> and gun violence took the life of a 7-year-old girl, she and her sister were shot while sitting in a parked car. the police don't believe the girls were the intended targets and no arrests have been made. >>> a possible tropical storm is threatening haiti. grace is expected to dump heavy rain on the region and fred could reach the florida panhandle this afternoon. >> weather today, mostly sunny and scorching temperatureses s the west. >> two louisiana brothers who turned their bus stop routine in to a hilarious tradition. >> almost every school day for the past two years max tingle has gotten off the bus to sce

and josh lipton is at the nasdaq markets. scott ramm will join us to break it all down. >> it's a question about the consumer how much of it will change consumer behavior. we saw weak retail sales, weak consumer sentiment, independence kind of some weak china numbers. it maybe be a global phenomenon. how much is slowing down the recovery that's the question, and that's not clear right know let's look at the travel names they're not great indicators frankly some of the big travel names, have essentially been on a down trend more importantly i want to look at the consumer discretionary part home depot had excellent numbers overall, and it's been caught up in the peak everything store story, even if it should be a beneficiary if people start staying home more. back to school is uncertainly. the builders like len noor, some of the restaurant companies down, not certainly what the consumer impact will be. terms and industrials, same situation here they essentially topped out in may, have been slightly sideways, trending downward i

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thanks, josh lipton. thank you for watching "power lunch.ll" starts right now. >>> welcome to the closing bell. i'm scott wapner in for wilfred frost. investors digest the fed minutes. small caps a bright spot as we head toward the close. hi, sara >> i'm sara eisen. let's look at what's driving the action the federal reserve releasing minutes from the july meeting just last hour as the taper conversation ramps up. most participants saw tapering this year. the delta variant does pose a down side risk to the outlook. more retail earnings out today target and lowe's topping estimates with lowe's surging on those results. and soft economic data point

mike santoli is watching the action, and josh lipton is following apple today. mike, start us off, if you will, please, still set for a record close, at least. >> pretty much holding the highs. pretty quiet, not a lot of churn underneath the surface unlike yesterday, more stocks than up and down the nasdaq 100 is bumping up a little bit against the trend line maybe the s&p gets there as well, as you see from time to time as we get near this line the last several months. it has paused. we're also going to lose that peak from the first or second day of september of last year. where we did come to that 10% correction, the last time we neared anything like that, so it will look even smoother if we get to november. take a look at the most volatile jumpiest stocks relative to, i guess, steadier blue chip quality stocks, the high beta index led the way from the spring into the early summer we're not saying it's on the down side, but certainly it's lost a bit of steam, quality good balance sheets, predictable profit margins, that's a typical second year after a recovery

thanks, josh lipton. thank you for watching "power lunch. "closing bell" starts right now. >>> welcome to the closing bell. i'm scott wapner in for wilfred frost. investors digest the fed minutes. small caps a bright spot as we head toward the close. hi, sara >> i'm sara eisen. let's look at what's driving the action the federal reserve releasing minutes from the july meeting just last hour as the taper conversation ramps up. most participants saw tapering this year. the delta variant does pose a down side risk to the outlook. more retail earnings out today target and lowe's topping estimates with lowe's surging on those results. and soft economic data point housing starts falling 7% in july, and mortgage applications declined as well 59 minutes left to go in the session. dow is down about 128 points or so >> and we have a big show coming up today blackrock's jeff rosenberg will join us with his first reaction to the fed minutes, when he thinks the tapering will start plus the ceo of imax and box offices. and robinhood. a meme stock gearing

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steve liesman with how americans are feeling about the economy now amid covid fears and josh lipton with more on the fallout of the video gaming industry >> we're on new high watch, sara, across the board markets doing better than it was in the middle of the day yesterday. earnings are the primary reason. a lot of comments on covid variants impact on markets and higher costs, but for most part, they're positive comments. speaking of positive, you see bp, the old british petroleum, what else do you want here they cited higher demand, higher oil prices, they're commencing a share buyback and raising the dividend 5% dividend. there is only ten companies in the s&p 500 that pay more than 5% dividend yield. bp is not in that, but exxon is almost 6%. just about nobody else, look at that, up 6% today. elsewhere, a lot of discussion on the covid variant, the impact on business. marriott had terrific numbers, revenue were double that of a year ago but the hotels in general are down on concerns about that variant and the impact on business, the ceo of marriott said they haven't seen it at all yet.

coming up monday morning daniel lipton previews the week ahead at the white house.hen we talk about the impact of covid-19 on back-to-school efforts with a health care reporter and how covid-19 is affecting young children with the american academy of pediatrics president. watch c-span's "washington journal" live at 7:00 eastern. and be sure to join the discussion with your phone calls, facebook comments, texts, and tweets. announcer: earlier today president biden spoke about the federal response to hurricane ida after receiving a briefing at my headquarters in washington, d.c.

josh lipton. nvidia reports after the bell this afternoon >> that does it for "the exchange."oining, but don't go anywhere because [ applause ] starts now >> that is right please do not go anywhere because "power lunch" is beginning right now, and here is what we got on our menu for you today. the release of the fed minutes is imminent. will there be more clues about the taper timeline how concerned are officials about inflation? we have team coverage, analysis, and the market impact. also this hour, packaging producers seeing costs spike, but get this, they plan to pass on all of it and maybe even more what are you going to do if you can't get the cans to sell your beans? no questions asked here. our inflation nation series focuses on

here with a look at the legacy he's already built is josh lipton josh >> there are fewdifferent financial metrics we can use to judge tim cook's performance one would be the stock price as you mentioned. apple named tim cook ceo on august 24th, 2011. since then apple stock is up more than a thousand percent that's versus a gain of about 280% for the s&p 500 revenue is growing more than 150% to 274 billion through fiscal 2020. apple's market cap skyrocketing from 346 billion to nearly 2.5 trillion and net cash position of 72 billion, dividends paid at nearly 103 billion and counting. adding to this performance, think about who tim cook had to take the baton from here steve jobs himself american icon, a creative visionary who could take this stage and wow an audience. cook has been clear here he didn't try to be the next steve jobs instead, he focused on being the best version of himself, he says, and analysts say he's put his mark on this company, proving to investors that this is a strong, sustainable business, and launching new popular products as well watch, airpods, music and video and

kelly, back to you >> josh, thank you very much josh lipton. let's get over to rahel solomon now for a cnbc news update rahel? >> hi, kelly here's what's happening at this hour united nations is responding guardedly to taliban pledges to protect women's rights and not seek revenge on people who opposed it a u.n. spokesman saying the taliban must follow up with acts on the ground to show that it is keeping its promises >>> meantime, in wisconsin the fort mccoy army base preparing to receive refugees from afghanistan. the defense department predicts up to 22,000 people could come to the u.s. in the next few weeks. fort bliss in texas also being considered as a temporary site to receive refugees. >>> grace is moving toward mexico after dropping as much as ten inxhz of rain on haiti many people in haiti still looking for medical help and shelter after this weekend's mag tieu 7.2 earthquake. and tonight getting aid to haiti and helping thousands who lost their homesback get back on their feet thavg airs tonight on "the news" at 7:00 p.m. eastern >>>

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and josh lipton has a preview of both of those sets of numbers. >> let's start with take two down aboutclarity about the content pipeline saying there is some concern here. jeffrey said the big number for him, q2, he's looking for $850 million if that is strong, investors will stop being as worried about the impact of reopening on take two's business and nxp reporting up about 30% so a little spill r into the end of trading. the dow is down 109 points just off session lows that we touched a moment ago visa is the biggest drag mcdonald's and american express taking down the dow. and nike and -- is the best performers s&p 500 has gone red trying to stay positive all day long but we did take a little tumble into the close there down two tenths of one percent worse performing sectors, terms, industrial, technology, staples, communication services and utilities and consumer discretionary are the best performing the nasdaq had been going strong all day long and still is. there is the nasdaq 100 and it is up just barely and that is thanks to some strength like tesla which is up 3.3% peloton al

josh lipton explaining what is driving the surge. >> check out the smh, the etf that tracks the chipsto its all-time high here as for movers, check out western digital. it's in advance talks to work with kioxia in a deal which could be finalized by next month. nvidia, another mover. up about 70% in 2021 the department of energy apparently nearing a deal to purchase a supercomputermade with nvidia and amd chips as it waits for a delayed intel machine. taiwan semi climbing about 10% this year. about 20% from its all-time high reports suggesting it will lift prices for the most advanced chips it makes by 10% next year and raise prices for older chips as well. back to you all. >> a lot of catalysts there. josh, thank you. i feel like we need to pause for nvidia again driving up the nasdaq 100. just when you wonder if it's too late to get into the stock it makes another monster run to new highs. >> obviously the part in the absolute sweet spot of the industry in terms of the end market it's going into, i guess, it had a stock split. everything that they want to do is sort of really maintai

at the papers with our reviewersjessica elgot, deputy political editor at the guardian, and martin liptont a bad afternoon. we have plenty of dry weather today with some good spells of sunshine, but this weak weather front in the south will bring further showers and some of them could be quite heavy. motherly winds across much of the country making it feel rather cool for early others, particularly around the north sea coast. variable cloud in the north with sunny spells, most of the north with sunny spells, most of the showers in southern england and some could be heavy and thundery. temperatures range from 1a to 20 degrees in the south. into monday, we have the ridge of high pressure bringing some sunshine but there were still be showers also, particularly northern ireland and england and wales into the afternoon could see heavy and thundery showers. it mainly drier than others with variable cloud and sunny spells. it looks pretty similar on tuesday and wednesday, sunshine and heavy showers, but by the end of the week it turns very unsettled with some wet and windy weather. hello. this

. >>> nasdaq still pacing is the declines josh lipton has the details. >> we'll start with microsoft moving higher today, hit a new all-time high, up nearly 40% so far this year, the software giant saying it would raise over the 365 business subscription prices other record highs, adobe and cisco, they're both up about 30% so far as for the chips, you have to called out invideo reporting those results this week, now up 60% this week. our own jim cramer saying it's difficult to see how nvidia can be stopped cisco is on its worst week since may, down about 25% from the all-time high. back to you all. >> josh, how carefully do you think these tech analysts are watching jackson hole next week, hear from jay powell, the meeting in and what tapering back will look like? >> i think they're watching closely. a lot of strong results, but obviously investors have to make big guesses about what growth looks like a lot of the companies certainly benefited as we were all sheltering in play you saw that ben fit a lot of 9 hardware makers. it was the expectation maybe, a return to normal, but the n

to me, we have to wait for september probably to get a clearer view of what might happen josh liptonthe green, right now it's all-time highs some of the big movers there now you have top, rough for august in that name it's about 6%, on track for its worst months check out amd. you know, the proposed acquisition, that could increase the possibility -- back to you all. >> thanks so much for that josh brown has already touched it we've seen in certainly names -- >> in terms of semis, not really i do think it's important to look they chart of the semis for this whole year. they actually -- it's a catch-up trade right now. there was a bit of a fall breakout, maybe. it doesn't seem that people are as usually you get an overcorrection maybe that's what the market has been hinting at. without a doubt they have held in there i just don't know that this is necessarily the area that everyone is going to be hitchings to the semis at the moment are not there any other names in that group? >> i think there are great trading opportunities in things like micron and some of the higher beta chip names

lipton. stop chuggin'. start sippin'. ♪ >>> if you build it, he will come. >> you heard that right.n "field of dreams" and this morning, we're live from the field at the heart of the classic movie as we "rise & shine" in iowa. a lot of surprises ahead. that is coming up in our next hour. classic movie. >> it sure is. >>> following a lot of headlines this morning, including the fallout from new york governor andrew cuomo's resignation, he's stepping down amid blistering reports of sexual harassment, the governor did apologize to the women but blasted the report as politically motivated. >>> also, the texas house speaker signed off after they fled the state. to prevent the passage of a bill they say would restrict voting rights. it came hours after republican state lawmakers in texas voted to allow the arrests. >>> and then take a look at this. a rescue after monsoon rains triggered flash flooding in arizona. multiple people had to be pulled out of this pickup truck. fire crews wading through the currents when a ladder could not reach them. thankfully everyone is okay there. >>> we ha

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josh lipton at the nasdaq. >> let's dig in.la is making moves to the upside still we should point out down for the week on track for its worst week since june match group in the green on pace to break a 4-day losing streak though still down about 10% this year peloton and amd among the worst performers in the nasdaq 100 amd hit that all-time high august 4th since then down 15%. ending on nvidia which ripped up about 50% so far this year about 7% off the all-time high hit on july 7 far, far outperforming the smh and reporting today. a big number to watch q2 data center revenue the street wants to see $2.27 billion there. back to you all. >> josh, thank you. >>> day three of the reality check series looking at the other side of the street or the rare sell calls on consensus buy names. today is shopify despite the pandemic boosting the boom the shares overvalued joining us is dan romanoff thank you for the time. >> thank you. >> you don't mess around your report begins not with the word shopify but narrow mote shopify and looking

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christina is standing by, josh lip lipton is digging into nvidia and let's start with leslie picker with the first on robinhood. why is the stock down? >> yeah, dom, as you mentioned, down more than 5%. robinhood said 60% of the net cumulative funded accounts were trading in crypto during the second quarter that's certainly trickled down to the top line with transaction based crypto revenue accounting for $233 million in the second quarter compared with just $5 million a year ago now there was also a decline in the average revenue per user figure down $3 to 112 in the quarter compared with the same time last year dom? >> leslie picker, thank you very much for that. let's trade some of that robinhood action right now if we take a look at this, guy, i'll start with you on my left this is a stock that has been very much a focus of so much trader attention because of the volatility that we've seen is this a dip that's worth pieg for the traders out there? >> i think so. first of all, it's great to have you there. each morning you put out your top tickers. i happen to notice robinhood happens

. >> all right, josh lipton, thank you very much.rowdstrike, the stock, until just now, up 25% in 90 days. closing in on the median analyst price, but guy, your take on crowdstrike and the quarter. >> yeah, more than perfection. i mean obviously the stock is expensive. we've known it is for a while, but it continued to trade higher and quite frankly, i think you look for an opportunity to buy it again 265ish was the level we topped out mid july a couple of times that's basically where we're trading now. it's a valuation call and if you can get comfortable with it, all these stocks are in play we've talked about that. z scaler fire eye palo alto network. so the story's not over, it's just valuation got in the way on the back of this quarter >> dan, your take. crowd. all right, we're not hearing dan. hit the unmute button there. crowdstrike. we are just getting started here on "fast money." we'll get dan's comments in a minute here's what's coming up next >> one crypto cruising higher. ethereum outpacing bitcoin in a big way. so is the

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josh lipton. >>> tim what do you think? >> i like the stock. it's been dead money for a year. the themes we all another. interactive entertainment is hot. it's going to remain hot ip think interactive media, i think some of these companies at some point will be absorbed by larger media companies stock trades 28, 29 times forward, which is -- 5% to 10% of its one, three and five-year averages not buying an expensive stock. buying a stock all guidance is fiscal '23 is a massive year where they're guiding and we have to believe them can't fault them for being in the right spot when everyone wanted nba 2k and no sports were out. so those pullbacks in that year over year engagement, none of us are surprised. i like the story i like it. >> jeff, agree, overreaction in after-hours? >> yeah. i'm with tim on this one look, the company is still positioned for a really strong growth a huge content in the pipeline, strongest intellectual property in the industry. continuing to grow in probably probably do more m & a a lot of positive revisions from analysts the story longer term is good.

afghan cities — coming up — the papers with our reviewersjessica elgot of the guardian — and martin liptonter at the sun. sport and for a full round—up, from the bbc sport centre, here's gavin. charlotte worthington recovered from a fall to win gold in the new bmx freestyle competition, confirming great britain's dominance of the sport at these games. declan brooks won bronze in the men's event, to add adam wild reports. are in raptures, it's a huge score. british bmx has never reached such heights before. it's the first time bmx park freestyle has been in the olympics and suddenly what everyone wants to see. not so long ago wellington was working as a restaurant chef, know her moment to deliver. on herfirst run, not quite. in this sport riders get to chances. back in the saddle shed another goal. i chances. back in the saddle shed another goal-— another goal. i think she's going for it. another goal. i think she's going for it- she's _ another goal. i think she's going for it. she's got _ another goal. i think she's going for it. she's got it. _ another goal. i think she's going for it. s

names including electronic arts and take two interactive josh lipton is at the nasdaq with more on this. josh, what's going on? >> so, eamon, opium of the minding is how chinese state media is now referring to online gaming, comparing it to drugs. the article, further restrictions were called for saying online gaming addiction is widespread among the youth and could impact their growth. no surprise stocks getting whacked, including nameslike tencent, net ease and bilibili too. the report disappeared and resurfaced with a much softer tone companies clawing back some of their losses this criticism isn't entirely new. remember back in 2018, one example beijing freezing new game approvals still questions remain for investors. could there be more new regulations on the way we don't know right now. but tencent getting out in front of the problem and announcing new restrictions for instance, barring children under 12 from spending money in the game. >>> coming up, the hacks of colonial pipeline and microsoft dominated the headlines, but a years-long cyberattack on behalf of the chinese militar

job lipton has the numbers >> so heading into this report, drop box was up already about 40% this year. was trading right around the 52-week highs. now higher here in the after hours. beating on the top and bottom. better as well as for guidance, let me give you that for q3 they're looking for between 543 and 546 million. streaming at 538 and for the year-to-date now raising their guidance looking for between 2.136 and 2.142 billion. i did speak to rbc and he said q2 solid across the board showing signs of the business stabilizing and maintaining a double-digit growth. and he said committed to margin expansion and a attractively va valued on the call, they said drop box is uniquely positioned to support that we continue to be focused he said on making collaboration seamless and driving operational excellence back to you. >> josh, thank you bono, your thoughts on drop box in. >> taking a look at the stock chart, this is a text book uptrend. up to the right. it made a move from 24 to 32 the one concern is that the price target, i think it is around $33, trading aabout the $32 so i don't

the nasdaq is selling off, though it has made up some ground it's down about 0.8% let's get to josh lipton market site with the names getting hardest hit this morning. >> let's start with some of the big tech names like apple. that did hit a new intraday all-time high earlier but then came under some pressure now we see it clawing some of that back. keep in mind the recent move as well up about 15% in the past three months another big name to watch, amazon also in the red. it's down around 15% off its mid-july all-time high let's look at some of those chip names. for example, amd falling in today's trade. that's after jumping about 20% in the past month. and we'll end here on nvidia, it's been a rocket this year it's up about 50% in 2021. nvidia scheduled to report earnings on wednesday. back to you. >> thank you, josh >>> blade often marketed as the uber for helicopters revenue taking off in q3 up 270% that's a significant increase versus its last pre-covid quarter. travelers take to the skies once again. joining us is blade's founder and ceo. congratulations. >> thank you >> it's nice to

. >> we've got dropbox earnings just out josh lipton has the numbers. >> sara, dropbox reporting eps cents that's expectations of 524. >>> paying yours we'll get guidance starting at 5:00 p.m. eastern. >> josh, thank you they've been performing quite well in the lead-up to -- >> it's up 42% year to date. it's still pretty reasonable free cash flow is going to be key, because their goal is to get to a billion about so let's listen to what they have to say. it was nice progress made on that front as well they're just executing after not last year. so this is a good story. i think the valuation is not expensive. >>> let's get to expedia and trip adviser numbers, which kristina partsinevelos has. >> i'm going to start with expedia, a loss per share of $1.13, much worse than anticipated. weaver also see revenues that came in slightly higher. that was higher than the estimate i want to switch over to trip adviser, also see a loss on their side, seven cents loss, that wasn't as bad as what the street was expecting, at a loss of 11 cents, but revenue came in stronger so it seems for both com

shares of roadblocks josh lipton is here to tell us what to expect from the company's latest results,he street is looking for q2 eps of 24 cents. as you noted, that stock is up around 80%, but also down about 20% from the june high one important metric to watch, average bookings there, the estimate $15.58. bulls will say roblox -- >> josh, thanks so much for that >>> we have just win minute left of the session we are set for record closing highs. a far cry from the first couple hours of trade we're currently 100 points higher on the dow. the s&p is up 0.25%. the nasdaq is still lower by 0.2% [ bell ringing ] >> energy down nearly 2% none of the other sectors are down as the bell goes, two record closing highs for both the s&p and the dow. the nasdaq is down 0.2%, sara. >>> a mixed market down most of the day, but there you go two record closes for the dow and s&p 500. welcome back to "closing bell. i'm sara eisen here with wilfred frost. at session highs you can see we were soft most of the day, open lower, some concerns about the chinese growth slowdown. bond yields were a bit lower,

josh lipton has the latest over at the nasdaq. >> so carl, one big fight for apple now looks to be over apple is announcing that pending official court approval here it has resolved a class action lawsuit from u.s. developers over its app store policies. the part of the settlement that's attracting the most attention here, developers can now share purchase options with their users outside of their ios app. so for example, a developer can email a customer with that customer's permission that they can make a purchase with alternative payment medicines, potentially important if they can convince a lot of their customers to pay them directly that means they can keep more money obviously. how many customers are actually going to choose that option, though that remains to be seen. apple will also create a new $100 million fund to assist small developers and it's going to maintain that lower 15% commission for developers earning under $1 million for at least three years. bottom line, apple is facing criticism, senator richard blumenthal

. >> we're starting to get some earnings electronic rts, ea, just out josh lipton with the numbers >> on the bottom line that's not comparable to estimates. net bookings at $1.34 billion versus $1.28 billion forecast from the street. for q2 looking for $1.73 billion versus an expectation of 1.5 billion. for the year looking for 7.4 billion versus 7.45 billion. andrew wilson, the ceo, saying with our expanding ea sports portfolio, more amazing experiences and apex legends, new battlefield 2042 it will be here in time for the holidays and our leading live services including mobile were set to deliver more great games and content to players this year this call starts at 5:00 p.m. eastern. back to you all. >> a little pop after hours up 3% >>> let's get to uber earnings diedre bosa has those. >> it's a beat on the top line revenue ahead of expectations at $3.9 billion and eps at 58 cents a share. that's positive 58 cents versus an expected loss of 51 cents but here's why the reason it realized a profit in q2 was thanks to paper gains from equity investments in didi and aurora didi has had

. >>> welcome back so big news out of south korea josh lipton joins us. >> a new landmark bill here.mpanies from acquiring develop ers to use their online payment systems when making in-app purchases. in order, developers can avoid paying commissions to the big app store operators directing users instead to pay with alternative systems. apple didn't immediately respond to request for comment a google spokesperson went in, saying that service fee helps to keep android free, giving developers tools and global platforms, builders and consumers around the world, how to comply with this law, google saying while containing a model supporting the high-quality app store and will share more in the coming weeks how much money are we talking about here sensor tower estimates consumers in south korea spent $4.6 billion, by their estimates, google collected $1.4 billion in fees as for apple, $1.4 billion in the app store in 2020, a fee of up to 30%, earning the company, they say, about $414 million the risk is not the money here, but whether other countries can now propose and pass similar bills.

marks the tenth anniversary of tim cook replacing steve jobs and leading apple to new heights josh liptonyone, that tech giant. hey, josh. >> joe, there are different ways we can judge the performance of a ceo. one way, of course, would be financial. we can look at stock price apple named tim cook ceo on august 24th, 2011. since then, apple stock is up more than 1,000% versus a gain of 280% for the s&p 500. revenues growing more than 150%, to 274 billion through fiscal 2020 apple's market cap sky rocketing from 346 billion to nearly $2.5 trillion the company, we know, has very deep pockets, net cash position of 7 billion dividends paid nearly 103 billion. some worryied when tim cook took over from steve jobs, a visionary who could wow audiences with the latest and greatest apple products, engineer and supply chain guru, how could he ever fill such big shoes? cook chartered his own course, telling reporters the challenge for all of us is to be the best version of ourselves creative strategies, long-time apple watcher, says cook has put his morning on this company. he helped change the narr