and a working lunch with amd's ceo, lisa su we'll find out how her focus has helped navigate one of the biggest challenges ever. the chip shortage. >> really looking forward to that thank you. here's where the market stands a sea of red doe use down 570 points. nasdaq down more than 400 points that's a 2.7% drop why? bond yields rising to three-month highs. the yield was below 1.3% last week here we are at 1.525 and natural gas up 2% this morning reversing course midday. now it's up about 2.5% money is moving into energy and defensive names like slumberge, halliburton and kroger as yields go up, tech stocks are getting rocked microsoft and salesforce, go of the worst today. investors betting the fed will carry through on its promise to curb emergency bond buying treasury rates pushing the dollar higher. let's get to rick santelli for all of it out of the cme >> yes, kelly. interesting statement regarding how we handicap the taper, but i'm not sure the taper does much with regard to inflationary pressures. today, we had a seven-year note auction. the auction was above average, but they c

live from code here in l.a., a series of big interviews all week long, i'm here today to talk to lisa su, and carl and julia are here tomorrow hey, carl. >> we can't wait to join you, john let's get to facebook. head of instagram, joined the "today" show this morning to announce plans to pause the instagram kid's project. >> say we want to talk about how we will put the work on pause, i still firmly believe it's a good thing to build a bridge of instagram that is designed to be safe for tweens but we want to take the time to talk to parents and researchers and safety experts and get to more consensus about how to move forward. >> now, the public campaign comes ahead of facebook's global head of safety appearance tomorrow in front of the senate commerce sub committee on consumer protection. julia, facebook's market cap falls below a trillion but still hanging on close to 350. what does it say about the fact that they're doing this? >> i think this is safe, playing all sorts of defense, and on one hand last night they put out a blog post saying you misinterpreted our numbers and we're not

lisa su talking about u.s.hina decoupling really not viable it is so dependent talking about that today and more about the tictok debacle and talking about the need to find enough common ground even with different philosophies so the global economy can move forward. >> starting this morning with the selloff. early in facebook, etsy and spotify. pleasure to be here. on a day where normally the structural scene what do you make next two years whether the megatech stock sold off significantly, i'm a buyer and why they are also the leaders in the technology whether artificial intelligence, quantum communications and computing. microsoft, apple these are the best in the world. i believe over the next three to five years, they'll continue to perform it >> they are still an asset and still beholden to global economic swings. at what point do those become things you have to process in your decision. >> constantly. evaluating testing and retesting. these underlying technologies right now in artificial intelligence quant

both will be on capitol hill this morning >> plus, with tech under pressure, we're live from code lisa sun the semi shortage and a lot more >> and robinhood's ceo defends the democratization of markets interesting back and forth with citadel. let's start with the markets you were talking about it at the end of "squawk box." we have a yield above 1 1/2. dollar hitting 11-month highs. continued concerns about supply chain. we were talking about that yesterday. "squawk box" talked about the ports in l.a just one of so many different issues that business is dealing with now difficulty getting workers, supply chain issues on and on. >> people have to understand when they hear rates, they'll say, oh, wait a second, if the ten year is at -- you got bonds at 2 interest rates at two. big deal, right? it's not a big deal. it's a huge deal versus where they were. on a percentage basis when you start thinking about the 30-year, you may think it's nothing. where it was, is causing the speed. it's always the velocity, david, of where rates move. i think the people are re-adjusting very quickly. the amo

. >> right but even lisa su out at code told our guys out there it is not going to happen this year and it will be a tough situation as well for the chip shortage so it is not going to be solved really any time in the most immediate future >> it is going to be -- there's going to be a slow thaw as some of the issues like fires at plants in japan and droughts in taiwan, as those ease and get repaired you get a slow thaw what lisa su was talking about, and i heard her comments, is that the new plants that have been being built for the last year will take two years to be fully built. the long-term supply comes on in the second half of next year, but in the short term you will see the slow thaw as some of the overhang that has been temporary in nature starts to easy final quick, if you could, farmer jim. >> alaska airlines, also respect the bid in airlines >> all right mr. all in putting money to worh fix. i like the business model for long-term investment >> okay. steve weiss. >> dick's sporting goods stock is under pressure. i think it trades back up with the market >> all right and pete

big interviews with tech executives and investors i'll be alongside in conversation with amd's lisa su taking the stage there elon musk, satya nadella and we'll have more on netflix's content push after this break. techcheck will be right back network. s mg like 2 lines of unlimited for just $27.50 a line. only at t-mobile. the internet wasn't built to be a place of walls. but then the walls went up and choice became limited. until now. now we're in a new digital landscape of emerging channels, data-driven campaigns and measurable outcomes. welcome to now - the new open web. powered by people-based software from viant - a new standard in media. the upgrade marketers deserve. viant. built for now. ♪♪ if you're 55 and up, t- mobile has plans built just for you. viant. built for now. whether you need a single line or lines for family members, you'll get great value on america's most reliable 5g network. like 2 lines of unlimited for just $27.50 a line. only at t-mobile. ♪ ♪ >>> tomorrow, netflix is hosting its first-ever global fan event calling it tudum after this sound. >> that is the s

you have lisa su saying it will be solved next year.s it because everybody will produce and the orders in right now are for real demand or because we will produce a glut down the road? that is dicey trying to handicap the cycle. >> i want to come back to the broader market selloff and a rotation in light of higher rates but i guess we are also getting a look at there's not many places to hide if that continues to play out in a meaningful way won't have massive 570-point declines day in and day out but if yields rise in this rotation is the best we can hope for then one sector eked out a small gain and that was it. >> sure. doesn't necessarily have to go to the script. we were at 1.75 on the 10-year and did drive a massive rotation earlier in the year and didn't have a full 5% pullback and i think it is hard to be a little bit too precise about what it translates into. versus what it means for the sector of the market but it creates a challenge for the indexes going up in a rapid way. but as they go higher and this is happening in every

que se vive en algunos puntos con la presencia de lisas y cÓmo evitar que los jÓvenes forman parte de ellas. israel, cÓmo los padres pueden hablar con sus, que hablen de lo que pasa en la escuela y en la comunidad. en muchas comunidades los padres saben que hay violencia y es importante que hablen con sus niÑos para que les digan lo que estÁ pasando y el tipo de violencia que estÁ pasando y porque. lo que pasa es que en muchas comunidades los padres trabajan mucho y no estÁn al tanto de lo que pasa con sus niÑos cuando ellos se van de la casa. es importante que sepan quÉ amistades tienen sus niÑos. depende del Área, pero tienen que fijarse en el tipo de ropa que los muchachos tienen, a veces los muchachos comienzan a usar un color mÁs que otro. los padres tienen que ver estos tipos de lo que estÁ pasando con sus niÑos para que ellos estÉn pendientes que no usen este tipo de ropa. paola: muchas gracias por la informaciÓn, te agradezco mucho el tiempo. un hombre de 63 aÑos fue arrestado luego de ser acusado de abusar de dos menores a finales de los 80. tenÍa una orden de a presiÓn por 6,000,000 de dÓlares y fue aprendido durante una parad

satcha: se vira lisa un vÍdeo de la enorme sorpresa que tuvieron unos pasajeros cuando recogieron suastigue a los culpables. jandy el hijo de johnny ventura habla con el corazÓn en la mano sobre su relaciÓn con el "caballo mayor" y su regreso a los escenarios. en un viaje en carretera, ¿necesitas poder o poder optimum? si muere la pila del juguete de tu hija, será un viaje eterno. así que eleva tu poder a optimum. duracell optimum. hay un lugar auténtico donde la mesa se vuelve el alma de la casa. donde cacique inspira la chispa. y el cariño de la familia y los amigos se siente en cada mordida. cacique. lo auténtico los espera. californianos, ¿sabían que nuestros hogares comparten la energía? pero cuando tratamos de mantenernos frescos en medio de una ola de calor, llevamos la red de suministro al límite. ¡seguir funcionando está en tus manos! - “¿en mis manos?" - en las manos de todos, con las flex alerts. nos avisan cuándo cambiar el horario de consumo de energía si la red está al límite. pasemos de preenfriar nuestros hogares a consumir menos energía de 4 a 9 pm. juntos temenos el

lisa's assault wasn't broadcast in the documentary, and elite models sued the bbc, alleging misrepresentation bbc agreed never to show the documentary again. i feel responsibility myself, because i started doing that work, and i feel that the settlement with elite sort of, sort of halted progress, really. but 20 years later, and galvanised by the #metoo movement, lisa decided to revisit this story. it meant coming here, to paris, where gerald marie was based, in order for her to launch a formal complaint of sexual assault against him. a year ago, she was accompanied by three other women making similar accusations. now that number stands at 1a. and he had me pinned down on the bed. he was on top of me, and he tried to rape me. and the question is, why did it take so long for women to be heard, for women to feel comfortable, to come forward and tell their story? i sat on the couch thinking that the others might arrive. he did say then that we were meeting them for dinner, and then he sort of pounced on me. but the main thing is, you know, he doesn't exist in a vacuum. people knew he was doing t