i'm using a put to protect the downside, protect against earnings not being as bright as like microsoft netflixrting to become one of those, and so maybe there's still some upside if the nasdaq technology, that's a move in the market -- >> carter, brian's throwing around a lot of levels. what do you think of them? >> yeah, i mean, for my part, this stock has such desirable characteristics that one can stay long. brian mentioned, they like the stock, but concerned it's going far too fast. netflix bottomed earlier than the market. bottomed in april, may, 2022, went on to make new lows in october. you can see of course that it's just had this 25% sell-off, and that sell-off stocks -- 150-day average, and that's why where that bounce has staken place. for me it's a stay long. >> mike, what's your take on the trade? >> netflix is one of those names where i think you are getting growth as a reasonable price. trading around 26 times full year earnings and that's with 28% year on year growth. that gives you a peg rash of less than 1, probably 23% between '23 and '24. one other thing that's interesting

so you're going to see microsoft, amazon, netflix, apple, really have strong support and ultimately move higher that will provide a degree of resiliency but overall, listen, we've had a dramatic change within the market, and i think what's really not being discussed what have we done to confidence we've cracked confidence tremendously i think it's represented in the dramatic inflows of deposits we see at bank of america in the last four days $15 billion, that's despite the implicit guarantee for uninsured deposits by the fdic and the fed. so the prudent behavior, the natural human behavior, is regardless of that implicit guarantee. you're going to move your money. >> i'm looking at this note, and, liesman, i see you're looking at this, too, looking at the idea of what's happened with the stress in these banks causing them to be more conservative about lending going forward, the pullback in lending will remain highly uncertain, he says, until the extent of the stress on the banking system becomes clear. i'd like to get your thoughts on that >> yeah, this makes sense to me, scott. the reas

within the doubt you are seeing gains in microsoft, apple outperforming. netflix up .8%.rg reporting that apple's plan for the article movie releases as they continue with her hollywood ambitions. not all names are higher. investors continue to watch the coinbase story wondering about the legal role ahead with the sec. those shares down 14%. you talked about the lingering uncertainty. first republic watching all the time a good example of that. the early gains we saw in a regional banks have been debating and first republic is self down 7% at this hour. kriti: investors across wall street so looking at the banks and hoping this week's move by the federal reserve and regulators restore the confidence in the banks that they like. take a listen. >> i take 25 basis point hike riesling by the fed is a vote of confidence. it goes back to the question is my money safe think the fed is injected that but of confidence. janet yellen saying we are not going to do a blanket insurance but behind that is implied, we will be there if it needs to be there, but why do this now if it is no

for those reason, microsoft is a >> theqçó behemoth is moreqçó behemoth-y. netflixs lower than the expansion Ñi scale, then driving subscribers right? keeps me positive on netflix is that it is just really excelling at what they do, strong brand advantage, priciv8c power and a cash generative business, so they are able to finance a lot of their own expansion and growth with their operations, which keeps them from having to raise substantial amounts ofe1x capital. last, theyo$ç well positioned to take advantage of what hast( be a really saturated competitivej landscape. as?;■ peers and competitors sta to offloadÑi content and maybe potentially stop running business, netflix is in!u■ a gr position to pick some of that up and to use that, to continue to drive subscriber growth in the future. it's a?;■ buy for me. >> it is one of those stocks thatc feelt$to me like a gotta have. it is a product you've gotta have and if you'ree1 trying to build a core portfolio this are a few stocks that you would kind of say that ought to be in this somewhere and i think netflix fits th

apple, 12% microsoft, 12% down here, added netflix just for context. just over 1% a huge discrepancy when we see either of these names go up, the nasdaq tends to follow and then, it's a similar situation also at the s&p 500, given tech accounts for at least 27% of the s&p 500 compared to energy, which is not even 5% apple again has the largest weight, 7% amazon is up there, microsoft, 6%, but same situation when these names tend to do well, you tend to see some of the movements happening on the s&p 500, and clearly, these indices, the s&p 500 and the nasdaq, have a weight problem. and something to keep in mind when we talk about market swings >> give them some ozempic, right? >> that was a joke we talked about upstairs yes, we're on the same page. >> leave it to me. thank you. >>> all right, let's take that as our first topic in today's tech check that would be the weight problem. >> not mine. >> not mine. >> speaking for friend here, my friend the s&p these tech stocks are so they go, so go the nasdaq 100, so goes the s&p 500, and more >> especially a

so-called facebook, alphabet, amazon, netflix, google, and microsoft, nvidia, and others, they're up.n fact they're up huge. they are overwhelmingly the top, the only reason the market is up the other 492 stocks in the market are actually down 1% so you've got those eight stocks up 5.5%. rest of the market down 1% coming into the day. now here is another way to look at this. the top stocks in this market, and get this. the top 15 stocks in this market have gained 1.8 trillion in market cap. the rest have lost 21 billion. want to bring in cross mark global cio bob doll. bob, i read your note that central banks have tempered their hawkish rhetoric but has that helped to alter your cautious approach because you've been somewhat cautious with this market. >> not really, charles. look, the fed has the banking thing now and that's causing them to pause a bit. they probably have one more to go, but inflation, you just reported, is 4.5-5. it's nowhere close to two, and on top of that you pointed out that consumers are a little cautious. we're going to have a good first quarter gdp, but i thin

apple up 9%, netflix, sorry, nvidia, microsoft, apple, microsoft, nvidia, 50% of the tech index rights and outflows from the international etfs. international equity has had big inflows. u.s. equity has had outflows. that is very unusual. that has not happened in a long time. treasures had big inflows. treasury etfs, corporate bond etfs, carl, had big outflows and that, of course, everybody is talking about buying into those short-term treasuries, the etf business, that's where the money was in this quarter. >> thank you. bob pisani this morning. >>> honing in on the banks in particular our next guest holds, wells, truist and regents and believes the bank crisis will run its course quickly. chuck lieberman, managing partner. thanks for the time. >> of course, carl. happy to do it. >> talk about the first citizens deal and how much solace you think gives the market right now? >> i think it gives a little bit. far more important is what's happening to the deposit flows. we're hearing reports that outflows from regional banks have slowed down a lot and that's what market needs to gain so

microsoft at the top of the list it's up four bucks. intel is on the list, they're up 1%. netflixoa 7% you've got to cover that next time around susan that's a huge gain and we have the nasdaq winner, netflix and match group in there again. coming up, florida governor ron desantis took a swipe at trump's leadership style. roll it. >> my approach to leadership, i get personnel in the government who have the agenda of the people and share our agenda. the way we run the government i think is no daily drama, focus on the big picture. stuart: well, how will the chair of the republican national committee, that will be ronna mc daniel, how will she manage this clash between trump and desantis? remember, the big debates arrive in august, just a couple of months away. ronna will be here and then there's this california governor newsom staying silent on the l.a. workers strike. when if ever will he put the kids first? we will be back. ♪ ♪ we got the house! you did! pods handles the driving. pack at your pace. store your things until you're ready. then we deliver to your new home - across to

netflix. i don't know what that means you also have events with apple and microsoft and will they lead big tech >> exactly, joe. i'll start with the first point about some of the stocks which have been hot over the last couple weeks you know, we saw bullish activity overall with the nasdaq and the leap of almost 20% in terms of outperformance which is unbelievable with that, over the last couple weeks, we saw stocks like coinbase and tesla and ones that people felt they had to be in. the last couple of sessions, those have actually turned the other way. people are taking profits and turning to the sell side netflix has been the one stock that has beat the trend. we saw bullish activity last week we saw 20% more bullish activity last week than 100% bullish activity this week than normally i'm not just saying buying stocks, but buying puts. it is amazing to see how netflix is bucking the trend i thought many people would do the okay, i had a nice one i'll take profits. as i said, we have seen so much strength from netflix overall. we used to talk two years ago and it was the buy the dip mentality

semiconductors up, microsoft, apple, nvidia all strong and so are the social media names that stand to benefit from any pain or ban from tiktok. we're talking meta, snap, pinterest. netflixatter they do not comment on transactions. in every case the committee reviews, however, takes all necessary actions within its authority to safeguard national security and will not clear any transaction unless it determines there are no unresolved security concerns. broadly speaking, some transactions can present data security risks including preventing a foreign person or government with sensitive personal data as well as access to intellectual property, source code or other potentially sensitive information. the statement says on a case-by-case basis with ensure the protection of national security including preventing the misuse of espionage, tracking and other means that threaten national security. that statement not mentioning tiktok by name but clearly acknowledging many of the concerns raised in that hearing even just before you dipped out of the hearing where the ceo was asked whether the company has access to american data where it is stored in singapore. he did not clearly an

netflix, no wall street journal. both being banned by the communist party. american businesses like microsoft word can only operate after implementing stringent restrictions that show that commitment to stifling outside ideas and to isolate information in china. america doesn't place similar restrictions on chinese companies or force them to serve under such onerous conditions. it's owned and operated by the communist party and is the parent company, to entities that gather extensive information about citizens including minors. evidence shows that tik-tok collect the names, phone numbers, e-mail addresses, ip addresses, biometric data, facial recognition defining physical characteristics, keystroke logging that can yield bank information as well as personal medical histories, search history proclivities, the content of messages sent on mobile devices, purchasing information about what products online somebody has purchased, file names and types of information stored in a mobile device, text messages, images, videos, any device on a clipboard. users activities on websites and apps. mr. secreta

no netflix in china no wall street journal in china both being banned bythe communist party . american businesses like microsoftord can only operate after implementing engines restrictions to show the ccp's commitment to stiflingoutside ideas and isolate information in china . america does not place similar restrictions on chinese companies or force them to serve under such onerous conditions. s bite dance is owned and operated by the communist party and is the parent company of tiktok, to companies that gather information aboutamerican citizens . evidence shows tiktok collect the names, phone numbers, email addresses, biometric data, facial recognition, keystroke logging that can yield bank information as well as personal medical histories, search history and proclivities, content of messages . purchasing information about what products somebody has purchased, types of information board on a mobile device. text messages, videos and any device on the clipboard. users activitieson website and ask . mister secretary, my question ultimately will be about whether we should ban tiktok and i should pronounce it right

microsoft? no. apple, amazon, meta, i mean, none of them would be biased. cpl >> oracle was thexd first time around. the question is, is there another buyer you're not thinking about? netflixing about these things down the road. >> but china doesn't seem eager for a sale. >>3w■ no. and onr to eunice for the reaction from china. >> only a moments ago,ñr china' mi saying china would oppose a forced sale of tiktok and that business confidence globallylp towards a spo+qperson also hinted as to the steps that china might take next, saying a saleÑi or ñrdwes of tiktok involves technology ááuqáhp'd that procedures must be carried out hinese law. it also added that the chinese government would be the o making a decision in accordance with the laws. back when the trump administration had also atte-túq" to force a sale of had come up.in 2020, this issue thet( chinese government had attempted to block the sale at that time, saying that tiktoke1 hadxd proprietary technology th should notw3 en) upq in the han introduce the new export restrictiont([çm back thenxd th governing advanced Ñia.i., whic includes algorithms such as bytedance. now, the sale didn't happen back then, and we don't