lockheed martin and gm partner up to develop an electric moon buggy.learned when we can expect to see it on the lunar surface. this is bloomberg. ♪ emily: welcome back to "bloomberg technology." let's get a check on the always entertaining meme stock movements of the day and where crypto landed as well. >> it was another huge day for meme stocks, largely thanks to amc surging another 23% today. initially there was news amc sold shares that started this rally. then bloomberg news reported they sold their stake. its shares went higher. it is driving the rest of the meme universe along with it. the real action was not amc. that is because call activity has been so large in this stock. as we learned in january, and february, when a dealer sells the call, they have to buy the underlying stock to hedge their position. when you are seeing call activity go straight up like on this chart, that can create a bit of a feedback loop. amc's rally has been so intense that it is making bitcoin look boring. amc is now up 1400% year to date, even higher than gamestop. b

talking about the next gen capabilities and technologies, lockheed martin as well.ou talk about the possibility to maybe collaborate or work with other companies, would you work with some of those existing primes like a loc lockheed >> yeah. two parts to that answer the first is, we feel a tremendous amount of pride and pressure, anduril, with kind of leading the way for new defense technology companies that are getting venture funding and starting to work with innovative groups within the department of defense. we're starting to see a lot more private investment flowing into these companies. we're super excited to work with them on the defense prime side of things, it's kind of maybe a slightly different story my thesis, roughly that the people that love the defense primes most of the chinese communist party. they know we're slow not impressed with our capabilities know we have a difficult time delivering, and we're trying to build a company that operates on internet time, not jurassic time and you know, there's a lot of talk now about big tech antitrusts, but i th

lockheed martin's hunting employees to white awareness training.tting over race-based curriculum. the lightning round is next ♪♪ dad, why didn't you answer your phone? your mother loved this park. ♪♪ she did. ♪♪ when you have nausea, heartburn, indigestion, upset stomach, diarrhea. try pepto liquicaps for fast relief and ultra-coating. nausea, heartburn, indigestion, upset stomach, diarrhea. get powerful relief with pepto bismol liquicaps. so wha [d oh...i'm scratching like crazy. you've got some allergic itch with skin inflammation. apoquel can work on that itch in as little as 4 hours, whether it's a new or chronic problem. and apoquel's treated over 9 million dogs. [dog] nice. and... the talking dog thing? is it bothering you? no... itching like a dog is bothering me. until dogs can speak for themselves, you have to. when allergic itch is a problem, ask for apoquel. apoquel is for the control of itch associated with allergic dermatitis and the control of atopic dermatitis in dogs. do not use apoquel in dogs less than 12 months old or those with

lockheed martin responded and said yes, it is legal, and it is helpful.tory zoom training for top executives last june. >> we all know the history of america. if it hasn't been taught in schools, it needs to be taught in schools. i firmly will be fat. to create this model where we are going to start discriminating against people because of the ills of the past is the complete wrong way to go. speak out in the letter from lockheed martin to senator cotton, the ceo said more than 1200 employees have received this type of training since 2007. he added "by encouraging a diversity of backgrounds, experiences, and skill sets, lockheed martin is able to recruit and retain some of the best talent in america. the trainers from perez and sadie white male culture consists of traits such as rugged individualism, and a can-do attitude, heartbreak, and striving for success. but get this, they say these are superficially positive but are devastating to women and minorities. >> sandra: dan springer in seattle for us. thank you. stay one that's bring our panel now. wendy,

. >> gm and lockheed-martin have teamed up for lunar rovers with advanced battery technology that willers from the '70s. >> more than 50 years ago gm partnered with boeing in 1972 to create create original rovers. they're still parked there as far as we know. >> okay. >>> next, one boy's mission to save the monarch butterfly. >> 6-year-old liam calls himself an lepidopterist and has created a project called amigos for monarchs. >> he sent milk weed packets to like-minded people before the growing season ends. >> milkweed. that's the basic plants for monarchs to lay their eggs and to start munching on it. >> like liam said, milkweed is the plant for monarchs to lay their eggs and eat. kid geniuses always sound so cute. like we got to get the monarchs. it's like, ah, i already knew you were too smart for your own good. >> after he sent out his 500th packet, he's set to mail out more. >> oh, my gosh. this kid. >>> next to a little tusk love in southwest china. >> the two asian elephant calves were spotted giving light kicks. >> the two youngsters are said to be part of a herd migrating th

in response to senator tom cotton, lockheed martin ceo admits the company has sent employees throughe defended the training by encouraging a diversity of backgrounds, thoughts, experiences and skill sets lockheed martin is able to recruit and retain some of the best talent in america. senator cotton thinks the training violates the principle of equal treatment including civil rights law that forbids employers from discriminating on the basis of race. lockheed marten takes in billions of contracts. the ceo doesn't think they're in jeopardy over the white men's caucus training. >> trace: dan. imagine that, dana. talking about being able to keep your job, it's mandatory, you want to keep your job and people are being villainized because of the color of their skin. it seems to be going one way. frjs schools and critical race theory and even in corporations across america happening as well. we'll keep on that story for everyone. a warning for president biden ahead of next week's summit with vladimir putin. oh source telling fox news former russian ambassador raised concerns about biden ge

the initial story two weeks ago and tweeted today, quote, in response to senator tom cotton, lockheed martin from lockheed to cotton the ceo defended the training saying by encourage a diversity of backgrounds, thought, experience and skill sets lockheed martin was able to recruit and retain some of the best talent in america. senator cotton think the training violates the principle of equal treatment including civil rights law which permits employers from discriminating on the basis of race. lockheed martin takes in $4 billion a year in defense contracts, a spokesman told me he doesn't think any of these contracts are in jeopardy because of this training. stuart: dan springer, thank you. let's bring in congressman byron donald from the great state of florida. what is your take on this white male privilege training in whatever context, lockheed or university or wherever. >> i want to say good to be with you. in my business career you are on tv all the time. i made the big time on foxbusiness. happy to be here. this training is disastrous and destructive of any company's organizational struct

my mother worked at laurel and she also worked for lockheed when it was lockheed martin and at one point probably about 25 years ago. she was applying to jobs in the mechanical engineering field, and she was told that there were two things wrong with her her age and her sex and that was outright discrimination in the hiring fields for a woman who at the time had i believe she had a bachelor's and a masters in mechanical engineering and she was still told that they didn't want to hire her because she was a woman she's still working for lockheed martin to this day and she has no intention of leaving. so it's very impressive. it is kind of interesting the experience of this group of women because it is different than many other nasa centers. they were really colleagues with the men they worked with and that of course is not to say that there weren't, you know some bad things that happened as there are in every workplace. but what i found in my research, is that for the most part the men at jpl did support this group of women and we see that in their early publications. so even in the 1950s

so if ten years from now, lockheed martin wants to have bianca del rio out for a death drop float, likeeems like progress to me, right? at the gay pride parade. i can understand why some people roll their eyes at some of this stuff. i can understand holding politicians accountable. >> i'm trying to let that drift into my soul. the possibility of bianca del rio jumping up in the air and landing the ground in a split, and then lockheed martin, fade. i am there for this. >> that's what progress looks like. za. >> iconic. >> so if people don't live up to it, hold them accountable, criticize them, for sure. but i think that's great. and i've got to say, thank you to people like margaret who are out there early, back when i was still hating myself. and you know, and saying the f-word, the bad f-word to other kids in school because i was doing with my own internalized homophobia, margaret was out there. i think the progress from having only margaret and a few other people out there to having everybody jabaroni that wants to come put on a rainbow and celebrate us, i think that's great, and if p

and then, lockheed martin. i am there for this. >> that's what progress looks like.ountable, criticize them, for sure. but i think that's great. and i've got to say, thank you to people like margaret who are out there early, back when i was still hating myself. and you know, and saying the f-word, the bad f-word to other kids in school because i was doing with my own internalized homophobia, margaret was out there. i think the progress from having only margaret and a few other people out there to having everybody jabaroni that wants to come put on a rainbow and celebrate us, i think that's great, and if politicians don't live up to it, they should be held accountable. but generally speaking, this is all good. >> here's another piece from a classic spot from virgin holiday, which poses the question, what if straight travelers were treated the way some gay travelers are treated. >> jim, look. >> they'll let anybody stay here, won't they? >> icky. >> eugene, what about this idea of the commodification of pride, particularly because these large corporations, in a way, le

mcphee worked for xerox, and lockheed martin before launching the world's first commercial antivirus company back in 1987. mcafee and associates still a major force today. he sold it to intel in 2011 and walked away with a reported $100 million. in recent yoers he has been accused of murder and professed his love of guns and drugs. >>> four years after a freshman cheerleader was espned for cursing her school on snapchat the u.s. supreme court has ruled in her favor upholding a lower court award of damages of $1. the justices ruled public schools cannot punish students for what they say off campus unless it can harm someone. here is nbc's jay gray. >> reporter: in an 8-1 decision the supreme court ruled the nation's 50 million or more public school students can't be punished for much of what they say are posts online off campus. >> the school stepped out of their boundaries and i'm glad that the supreme court also noticed that, too. >> reporter: the case centering around brandy levy a ninth grade junior varsity cheerleader at a pennsylvania high school when she posted a pro-fant laced

he worked for nasa, xerox and lockheed martin before launching the first commercial anti-virus company. mcafee and associates still a major force. today he sold the company to intel in 2011 and walked away with a reported $100 million. after he cashed out, he's made headlines for controversial -- for his controversial lifestyle. in an exclusive interview with me if 2013 he professed his love for guns, drugs and teenage girls. he also denied murdering his neighbor in belize. >>> there is an increase in violent gun crimes. today president biden nougsed a five-point problem which includes a zero tolerance policy for funding cities that need more police officers, offering violence interventions and program for kids. the president met with law enforcement chiefs from around the country for input including oakland police chief armstrong. oakland like the rest of the nation has seen a rising number of homicides and guns that can't be traced. stemming the flow of guns starts with cracking down on gun dealers who broke the law. >> if you take it from someone who is prohibited from it, if you wi

it is by lockheed martin's f-35s . this is pretty controversial in switzerland. one of the reasons why the swiss government says it needs these is to basically patrol the skies during the world economic forum, which hasn't happened for a while. you do wonder whether they are thinking about paying some of this. it could be a referendum that could still scuttle the deal. alix: destocked not reacting strongly to that news. coming up, the half of 2021 finally wrapping up. this is bloomberg. ♪ ♪ guy: live from london, i'm guy johnson. this is "bloomberg markets." it's a game of two halves. we are wrapping up the first half. what does it tell us about the second half? what kind of tactics do you want to be employing in that second half? let's talk about what it looks like so far. abigail doolittle has all the details. abigail: overall it has been a very good half for stock longs. the s&p 500 up for the fifth quarter in a row, gaining about 90% over the last five quarters. longest quarterly winning streak going back to december 2019. if we break it down sector wise, the

nutshell, what are they >> sure w the magician waving the shiny new thing, the meme stocks, i think lockheed martin and striker are serious businesses that make things of great consequence. and both way underperformed over the last year. while the attention is diverted elsewhere look at lockheed you have an f-35, you have a stock that's underperforming because a democrat has been elected. it happened before, these stocks tend to bounce back. the world is clearly not a safer place than it was ten years ago. really like that strike. striker makes artificial hips and knees and shoulders. that's a reopening trade, one of the few reopening trades that. >> we have to leave it there i wanted to mention abhay your picks include so noko and air france great discussion, thank you both >> sure. >> sure. >> is the rise of main street actually benefiting goldman sachs. they have had another % gain over the past week goldman has climbed 47% this year making it the best performer in the dow it is outperforming the financial etf. since solomon took the helm, goldman shares are up 71%. he made major changes. goldma

corporations like lockheed-martin where they're embracing employees on the dangers of whiteness. our military has one mission. that is the defense of the neighbors. it's a place where anyone can get ahead based on merit. but senator and war veteran tom cotton is making the alarming case in his questioning of secretary of defense lloyd austin that that is changing. >> one marine told us that a military history training session was changed with police brutally, white privilege and systemic racism. a member of the special operations training said the u.s. special operations community is racist. i want to ask a few simple and vital questions. mr. secretary, do you believe that our military is a fundamentally racist organization? >> martha: so is the united states military becoming woke too? and what is the impact of that on our national defense? senator cotton joins me in just a moment. first, lucas tomlinson. >> martha, senator cotton, a former army infantry officers says he's received letters about awoke military. >> we're hearing reports of plummeting morale, growing mistrust betw

alphabet, microsoft, verizon, home depot, comcast, facebook, j & j, intel, sony, ibm, p & g, pepsi, lockheed martinmpanies that will get the minimum tax and the windfall profits tax which biden has given away at the g-7 in a tax surrender. it's extraordinary. howie: i've got to let you go. the national debt rose nearly $8 trillion in the trump administration. i'm critical of that spending with both parties. good to see you. thank you for being here. after the break, how the press is covering apologies and a democratic leaderment and new disclosures about donald trump, the justice department and the election. stay with us. we made usaa insurance for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of, we're made for. ♪ usaa ♪ good night syra

picking lockheed martin to help build the aircraft for those two missions and the agency announces plannedthe artemis plam n. all dipresented by bill nelson during the nasa address. he joins us now with more. administrator nelson, thanks for joining us. >> a pleasure. thank you. >> the two new missions to venus. why returning there now? >> well, it's been 30 years. and as a matter of fact, if you think of the sequence of these planets, there's first mercury from the sun, and it has no atmospheres. then you come to venus, next in line, and it has a prohibitively thick atmosphere then you come to earth and we have a habitable atmosphere then you get to mars, and mars indeed has 1% of the atmosphere of earth so we're going to venus to find out what's underneath that thick atmosphere, and how did it develop so that we understand better earth, and our development, and why our atmosphere is as it is to better understand our planet. >> yeah. we mentioned lockheed martin will participate building those spacecraft another public/private partnership among the commercial community, or i guess the pri

and everything else looking at the balance sheet, is unbelievable lastly i'll leafed you with lockheed martin tp too cheap great company, well run. a name with plenty of room to the upside going forward. >> what's in pete's wallet, fischer, lockheed. capital one. joe what's in your wahl zbleet i want a nice denver fied mix of stocks i'm going with a financial, a energy and a hypergrowth technology stock the first name i'll mention will be that hypergrowth technology stock. and that will be crowd strike. i think on monday i mentioned my final trade was fortune net. i believe cybersuitor a overwhelming risk to the economy, the capital markets $57 billion company crowd strike being, i think pokes potentially this could be a company that is actually an acquisition target but they are delivering revenue performance that really places them in the prime position for cybersecurity investments that you would be making. beyond that, goldman sachs here, a financial, i believe that goldman sachs has really under the leadership of david solomon transitioned itself to one of the most diversified financials

i think it's amazing when we had james on he said lockheed martin, the biggest threat is china.n a few minutes. before we go, i wanted to talk about your father's day present, which is the best present i've seen yet >> courtney rot wiler was about to be whatever they do, at a kill center in tennessee we adopted her and i urge people -- i know everybody would like -- no, i know a lot of people want a pure breed there's nothing like getting a dog that is going to die if you don't rescue it. and that's what i urge people to do it's our second dog and this is -- it's navidia how can you not name a dog after navidia. >> that name is claimed. >> i got a rescue cat in october. >> there you go. >> they're grateful. they love you. they're the most grateful pets in the world >> exactly everybody had -- before they're euthanized, please adopt them. thank adopt them. thanks, jim. we'll see you in a few seconds >> thank you. >>> well, with last week's dow performance, the worst since october, seems like exactly the right time to do technical analysis and find out what the charts are telling

corporations like lockheed-martin where they're embracing employees on the dangers of whiteness.teran tom coons

> people educated by these morons wind up in corporate america you get white man, training at lockheed martinhem jim crow when they are not go ahead james. >> horribly destructive so many ways obviously, the speech on campus limit expression but also priorities, think about everything kids aren't learning when focused on this nonsense, it is. >> right. >> a distraction costly one creates these kind of -- programs on campus. maria: quick -- >>. maria: quick before we go to break get this the oregon legislature oregon legislature passed fb744 gets rid of masks reading proficiency standards for high schools so they can be more equitable get your head around that math reading proficiency. we will be right back. plans for the long term, and plans for a long weekend. assets you allocate, and ones you hold tight. at thrivent, we believe money is a tool, not a goal. and with the right guidance, you can get the financial clarity you need, and live a life rich in meaning, and gratitude. to learn more, text thrive to 444555, or visit thrivent.com. may personal income spending hitting the tape cheryl cas