so, more questions surrounding lordstown. kelly? much >>> shares of disney are also on the move right now let's bring in julia boorstin. what's happening >> disney shares are moving lower on a report in the information that says that disney plus u.s. growth slowed sharply in the first half of 2021 this report citing internal data just want to look at disney shares down about 1% this report says that disney plus had a little bit more than 110 million total subscribers late in disney's third fiscal quarter. that's up from 104 million that the company reported for the quarter ending april 3rd so, this is on a report, and they do say in this information report that most of the grow was in india and latin america and that's where the service has more recently rolled out so, we have not heard back from disney on this we reached out to them for comment. disney does report its official numbers and quarterly results, which are due out at the beginning of august. back to you. >> julia boorsen with the disney news let's get to rahel solomon >>

. >> all right up next, lordstown motors hit veigionother mayjor instatn.ro! [sfx]: typing [music starts] [sfx]: happy screaming [music ends] [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. today the news that the justice department is probing electric vehicles they join tinto looking into companies representations free orders as it went public shares of lordstown down 11% today. what's your take on this company? can it recover at this point >> you're asking me is it now in a death spiral >> yeah, in a polite way i was asking that. >> i guess i'm being less polite this is big trouble. i will say, there are circumstances where you do see them you see one group investigating, it's not surprising to see another regulatory agency step in they don't want to be seen as being offsides if for some reason everything turns out to be focused, maybe not but this is definitely a stay away in my view >> this is also

size, the lordstown endurance.r, well, we said they were more an indication of interest lordstown under investigation by the doj let's pivot vote to the story. this is a stocked that could have been under pressure given the events that happened early this morning out in, it was out when it had some engine trouble. this is video brought into the hospital one pilot is in serious condition. the other pilot is in critical condition. this ended much better than many people feared when the plane radioed it was having problems take a look at shares of boeing warm-up more time, do you 1.3% today. guys, back to you. >> those with authorities pilots and families >>> the biggest drag is ibm. high-profile executive departure. josh has the details. >> this was big surprising news, the company announcing today that president and former ceo is trading done evercorp telling clients, whitehurst, a well-admired, and red hat's revenue grew 17% while ibm grew as a whole. he'll stake on as a senior advisory to the ibm team back to you

of the hill and the brakes and rolled it down nickel luck became public through a deal and so did lordstownotors which you might remember in mid july it was being probed by federal prosecutors, the boom in hindsight looks like a green vehicle boom with low scrutiny stock, i'm not say the other companies are doing anything misleading i'm saying the world probably does not need this many carmakers in the stock market certainly does not. jack: could the next tesla behind now amongst these companies. >> no trevor mill tone might be, he said he's innocent and the company has not been charged with anything. >> you heard it here first, why a bull market and high investor sentiment can be the best time to sell charles schwab chief investment strategist liz ann sonders explains. sonders explains. ♪ they said it couldn't be done but you managed to pack a record 1.1 trillion transistors into this chip whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chi

the company says lordstown motors is cooperating with any investigations. >>> it's the end of an eraon today was jeff bezos' last day at the company that he founded d three decades ago. the board will move to an executive chairman he's expected to dedicate more time toward other business ventures, like blue origin space company, going up to space on one of his rockets on july 20th. a very busy month for him. and amazon's cloud computing boss will take over. >>> and something new buzzing from bumble, the popular dating app set to open its first cafe and wine bar it's called bumble brew, and will feature a italian menu, open to everyone from daters to networkers it was set to open in 2019 but was delayed due to covid and permitting issues. >>> on wall street, the dow finished up 153 points, the s&p up 32, the nasdaq up 117 or about 8/10 of a percent i'm rahel solomon in for shepard smith, it's half past the hour, and here's what's making the news >>> boy scouts of america making a settlement with sexual abuse survivors, what it could mean for the tens of thousands of victims. >>> cyber

already an sec inquiry that lordstown is cooperating with. s at at this point, all we have is the wallomaker. we'll probe this story and give you any updates or further information from the doj back to you. >> those shares down 11% back to jeff bezos he created a new kind of media giant gaining share in three key areas. first, digital advertising amazon is the only to make gains on amazon and dulg's duopathy. then there is prime video. second only to netflix with 207 million subscribers. but they did just acquire mgm which could bolster. building in to sports. amazon spending $1 billion a year for rights. and testing an estimated $9 billion on content that is less than netflix's $17 billion. all of those investments amazon wants to grow a subs subscriber base. so interesting here to see how amazon is playing with a different end game its interests may not be aligned. >> i don't understand amazon's full media strategy as well as i want to where prime is concerned. more thinking it is like digital foot traffic associating with its apps to steer them in that direction and to up sell >> i

"wall street journal" reporting that the justice depend is investigating lordstown motors there is antion into whether it misled investors. it's been accused of making misleading claims about the number of preorders it had, sending shares down as much as 17% at one point today they are cooperating with any investigations >>> and, it is the end of an era at amazon. today was jeff bezos' last day as ceo of the company he founded. it will turn to the executive chairman he will spend more time on other ventures like blue origin space company. and amazon's cloud computing boss will take over as ceo >>> and something new buzzing from bumble. set to open its first cafe and wine bar, called bumble brew and feature a predominantly italian menu, open to daters and networkers they planned to open in 2019 but was setback due to covid and permitting issues. >>> on wall street, the dow finished up. >>> i'm rahel solomon in for shepard smith. the boy scouts of america reaching a historic settlement with sexual abuse survivors. what it could mean for the tens of thousands of victims. >>> cyber attack

averages keeping an eye on the dow in particular slightly the underperformer today we're watching lordstown under investigation by the department of justice shares are dropping 11%, down around $9.2. some under the radar names are hitting new highs. waters, otis world we are talking about all-time highs in the session today >> and after the double digit gains in the first half of the year people are asking if stocks can keep going the more stocks climb, the harder it is to keep climbing. that's the law of big numbers. so will stocks become a victim of their own success let's bring in bob pisani. >> reporter: it's another new high for the s&p 500, folks, up nine out of the last ten trading sessions the nasdaq had a new high. the dow just shy of that new high, could close today. here is the problem for the second half. the bulls have the momentum but the math is limiting the upside. that happens typically, but we haven't had even a 5% correction since september. there's no chance to say stocks are a good value now that we've had a correction of 10%. that's limiting the trader enthusiasm anoth

meanwhile you have a fiasco with lordstown. we've seen nikola and all the rest of it this is an area where there's basically regulatory probes. and is his candid take on it, you think, a way to actually fend that off by saying, listen, we don't know if it's going to work >> yeah, kind of and i also think it's sort of false humility the cyber truck has already been a smashing, so to speak, success, and that's because of the marketing they've got. you know, they have something like 500,000 orders. but to get an order you only had to put down $100 and it's kind of like the roadster, which was announced in 2017 but have we seen it yet? no we haven't even really seen what it's going to be and there are a lot of orders for that, people putting down $100,000 or more so, these are small relative to the overall important models of tesla. and whether they sell or not, whether they even go into production or not kind of doesn't matter because the ora that they've gotten from the marketing of these vehicles is huge so, i think it's already

against him, that's very clear >> yeah, also, you know, not to say it's in the same category, but lordstowne ev mode of -- >> spac buyer beware maybe >> that's one of the lessonses for sure phil, thanks. >>> still to come, we're still a half our away from earnings. can the company live up to great expectations we'll break down the numbers as soon as it crosses, in 25 minutes or so. speaking of earnings, blackrock's head of thee mattic strategy joins us with what she's watching this season. >>> and a quick check on bonds, ten-year yield little change today after fed chair jay powell yesterday made it clear there's some ground still to cover when it comes to substantial progress on the labor market before he tapers or scales back purchases. 126 is year yield on your ten-year we'll be right back. sales are down from last quarter but we are hoping things will pick up by q3. yeah...uh... doug? sorry about that. umm... what...its...um... you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers

your suv, not even afford f 150 before the ranger, you add this to the long list, lucid motors, lordstownly losing that. i'm not overly optimistic the new kids on the block will be able to step up to the plate and compete. stuart: if you were going to buy into the market would you buy tesla? >> no, not at this valuation level. i would rather investor a derivative. the way we have invested in the market is aspen, aerogel, they make a thermal barrier that can go around these batteries to prevent battery fires which is one of the biggest issues right now. if you want to see it explode, wrong words, shouldn't have used that, to expand, you need to get better efficiency so that is the way we play it. stuart: be careful on live television, no script, off-the-cuff, got to be real careful. i have been in trouble so many times. i'm going to show you the new aspen martin suv. it helped boost sales by 200%. >> it is sharp. it looks like curvier rounder body. i tend to like the box here suvs, the escalade, that is my preference. stuart: james bond connection. >> i would love to be him at some time bu

stuart: lordstown motors. >> okay.mbers, also their merger with a blank check company. this is on top of an sec investigation. the stock is down 1.8%, it's been halved since march. stuart: i want to see a big winner. i think we've got one here -- lauren: all-time high, baby. moderna, the biggest and most notable addition since tesla last year, this happened before the open on wednesday. stuart: so all those money managers who follow an index, they've got to buy that stock because it's now in the index. lauren: you get more wide ownership, absolutely. stuart: certainly do. hawn lauren so many funds track the s&p 500 as well. stuart: a 10 is % gain. ain't that something? yes, it is. bitcoin hovering at -- well, it's up a little bit, 31,8 right now. google searches for cryptos down? lauren: who buys cryptocurrencieses? who buys bitcoin? a lot of novice investors. so they're constantly googling things. their interest in it, their knowledge of it. so the fact that google searches for bitcoin price hit a seven month low migh