much more of a short term focus if mark haynes was still around and hosting squawk box, the thing heo i think about gamestop and amc a pair of stocks that exploded high today amc is a great reopening story but because there is a group of rapid investors who will buy any amount of stock, even tens of millions for shares of the ceo to offer them, we don't need to worribily about the balance she there is wall street bets and those people snap up new shares of amc in a heart beat they will buy and command it that's what matters now. gamestop i'd say was run by ryan cohen, worshipped by the same and he can do it every once including nothing. the stock will rally anyway because the bets demands it and can keep climbing when it runs out of fire which seems nowhere near the level what is all those color the things they put up what's this moon stuff i'd say it's some sort of silly rallying cry but because i say things like this, people believe me they want to know what else to champion and i said nothing. he would consider that unimpressive he asked me about cathie wood, the money manager and

we are honoring mark haynes for the bottom call. it was made in 2009.s, one of his favorite charities, and to the council for economic education which focuses on financial literacy. there's a bidder that has just outbid mark cuban and pushed the bidding to nearly $30,000. what did we say it was 11 ether. >> 11.11 ether. >> this bid was placed just moments ago. mark cuban, your move. >> franksy not banksy. >> you can find out more >>> up next, the irs loophole that could save bitcoin investors millions we'll take a look under the microscope with dom chu in just microscope with dom chu in just a moment world-class interiors, and peerless design... their only competition is each other. the incomparable mercedes-benz suvs. extraordinary runs in the family. lease the glb 250 suv for just $429 a month at your local mercedes-benz dealer. if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on ever

. >>> we want to update you on cnbc's first-ever nft auction, in honor of mark haynes and famous markds go to autism speaks and council of education to focus on financial literacy so nice. nearly a hundred ground. >> a nice to see a familiar face still ahead, initial jobless and pending home sales and tomorrow ceo largest banks before the house committee and more tomorrow, hp. gap. and don't miss dallas fed president robert kaplan. i mean, excited to talk to jimenez, he's been one to him he's one of figh he's one of the fed members talking about taper sooner than later, get his thoughts on the weaker data. >> he's been a leader in that vanguard. if you saw randall today he had a speech he felt inflation was turning higher and it's time to think of these things, that's someone on the board of governors so i think the conversation is now percolating it doesn't mean it's imminent or threatening or the rest of it but will be great to get president kaplan's updated thoughts as we see a deceleration out there. >> perhaps the most interesting late in the day move was the ten-year yield movin

we are honoring the mark haynes bottom highlighting the day he said the s&p had hit a low in the depthsl crisis mark passed away ten years ago today. in addition to the auction running until wednesday morning there are also a set of a number of nfts going at a fixed price and might be a way to explore this new investment that we have talked so much about all proceeds go to awe tichlt speaks, a favorite charity of mark's and the council of economic education now it's all up at mintable.app/cnbc. it is by the way a carbon neutral event. we're buying credits from aerial to make sure we have no negative impact on the environment. so once again, go mintable.app/cnbc. >> i did the same thing. you're right i wish i had met mark, ty. i came just after his passing. >> he was one of the best broadcasters i have ever seen and writer for television and back down from no one. >> yeah. let that be a lesson we appreciate it and will continue to follow the auction over the next couple of days. >>> ahead angry shareholders sounding offer about the pay package for ge ceo culp. take a look at the big gain

i have been an investor for many, many years going back to the mark haynes era. >> oh. >> caller: yeaheat guy >> caller: and beyond. i've been an investor for many years. >> okay. >> caller: several months ago i purchased marvel on your recommendation what is your output? >> oh, wow, someone spoke about it today got a very big push from a brokerage firm and it was a smart call it basically said this is one that doesn't have consumer, it has a high performance computing, data center and the enterprise 5 g and that sent the stock up and i really thought the call was a good one and i tried to talk about it today it a good place. damont. >> caller: hey, good show. >> thank you. >> caller: micro vision, i got in at 18 cents last march and up 1500%. i'm adamant about the stock but more importantly, what's your take on this company >> it's a battle groumtnd and considered to be a tug-of-war. if you say something good or bad about it you're crushed. here is what i say, it's called caching. take your money out. i don't care if it's the greatest stock ever. you're a winner. you got the betting w

the auction for the token commemorating mark haynes calling of the market bottom is up to just over 16it out on mintable app/cnbc mark cuban and john legare are part of the bidders. if you don't want to participate in the auction, there are a number of limited tokens also up for sale all for a good cause. there are 17 left right now. head to minutable.app/cnbc this is a carbon neutral event becky? >> thanks, andrew. let's gets back to the markets this morning futures in the green dow up 68 points above value s&p up by 12 nasdaq up by 63. we saw some green arrows yesterday. the markets closed slightly lower at the closing bell. joining us right now is tom farley he's far peak chairman and ceo he's the former president of the new york stock exchange. good to see you. thanks for being with us today. >> hi, becky how are you? i can't wait to be back on the set with you in person soon. >> i'm good. it could be happening as soon as next week, tom. >> fingers crossed. >> i think we're all ready i think we're all ready to get back let's talk a little bit about what we've seen in the markets in

minutes left to bid on cnbc's first nft as we've been telling you, in honor of mark haines, we're auctioning off his famous haynesottom moment and got some bidders including some familiar name, john ledger, mark cuban, tillman furtido, among them, and we have raised $90,000 for two very great clarities. if you don't want to participate in the auction we've got a set number of nfts going at a fixed price so this might be a good way to explore this new kind of investment we've talked about so much mintable.app/cnbc, and we look forward to bringing you more news on that probably within a couple of hours. >> wow i have to tell you, the people who are bidding, it's heartening mark cuban it's hard to outdo mark cuban but i'm doing it right now. >> you are going to bid too? >> and does cuban have the fire power? >> yes, carl, jim asked me, what do i actually own if i win this thing? >> david, you -- >> you will find out. >> one of the things that has always boggled me about david, he continues to get the facts in the way of the score you've ignored me for 22 years >> and i hope to do it for 22 more >> done your way >> o

lost a great friend when mark haines died he was a fixture at cnbc from the show's launch until the day he passed away he was known for a lot of things but something called "the haynes 2009 we're also selling a set amount of token for anyone who doesn't want to participate in the auction. it's all online at mintable.app/cnbc. all the proceeds go to the autism speaks. >> this a carbon neutral event to make sure we have no negative impact on the environment. andrew did you get your bid in yet? >> i have not. it doesn't look like i can do it -- i have to wait two hours >> that's 9:00, right? >> 9:30. >> you set up, you got online and checked out? >> i have to wait, but i will be in with a bid, one way or the other. whether i'm the floor or high bidder, we will see. but it goes to a good cause which is the most important part autism speaks, of course, and for financial literacy >> that's right. >>> all right, we'll be back more "squawk box" right after this i'm dad's greatest sandcastle - and greatest memory! but even i'm not as memorable as eating turkey hill chocolate peanut butter cup ice cream with real cocoa. well, that's the way the sandcastle crumbles. you can't

our dear colleague and friend mark haines, a fixture at cnbc, from the network's launch until the day he passed away, remembered for a lot of things but certainly the haynes bottom, when i called the s&p 500 on march 10, 2009 >> i'm waiting for this. >> i think we're at a bottom i really do. >> and in honor of mark, we're now auctioning an nft of that famous call from 9:00, we're also selling a set amount of tokens for anyone who doesn't want to participate in the auction, all online now at mintable.app/cnbc. it ends at 10:30 a.m. eastern time wednesday morning all proceeds go to autism speaks a favorite charity of mark's the council for economic education which focuses on financial literacy, go to mintable.app/cnbc. a carbon neutral event purchasing some offset credits from a firm called aerial to make sure we have no negative impact on the environment. and jim, it sort of reminds us of the question, what would mark have made, of all these novel notions and concepts, nfts, but even meme stocks, and crypto, as a real asset class, it's kind of a fun game to think about, what he would have made of it. >> i think one of the things that mark liked to do is co