autonomous miles that's a conversation for another -- colin, thank you so much colin rush with oppenheimerle shares moving higher on a few positive headlines today. the supreme court ruling in favor of the company in a copyright dispute with oracle over the use of java programming language, and morgan stanley adding the company, that stock up 3.5%. will there be an ev for me? what about me? one for me? you mean us? what about me? and me? how about us? yeah, how about us? great question. wait, can i get one in green? got one for me?! hey, what about me? what about us? is there an ev for me? ev for me? us? what about me? me? for me? ♪ ♪ (dog whimpers) i really hope that this vaccine can get me one step closer to him. to a huge wedding. to give high fives to our patients. to hug my students. with every vaccine, cvs is working to bring you one step closer to a better tomorrow. >>> monday morning rally mike santoli is with us. faang adding to last week, a lot of industrials and materials are doing well, too. >> we have broken a bit of that seesaw action was working on a given day. you also had

colin rusch of oppenheimer, great to have you on the show. thank you. coming up, after years of scrutiny, facebook fails to protect personal information yet again, leaving the data of hundreds of millions of users widely available online. we will have the details next. this is bloomberg. ♪ emily: after months of lagging, facebook shares surged to a record high at the start of the week with big tech stocks rallying, amid optimism about the strong pace of economic growth. facebook is scheduled to report first-quarter results. wall street expecting earnings-per-share and revenue to rise more than 30%, according to data compiled by bloomberg. the stock rally coming after a cybercrime intelligence firm discovered the personal data of more than half a billion facebook users reemerged online for free. the leak, a reminder of how much information the social network collects about its users and how it has failed to protect that information. for more, i want to bring in bloomberg's kurt wagner who covers social media. yet again, this divergence between bad news a

things got off to a promising enough start against oppenheimer what meal plans that allison player. valentino lazaro made sure the struggle hard times could glass back close the gap on. couzens europa league spot. on the line didn't play ball 1st on break from rich then the last baby at the sites level my. completely crazy period of football crime rates again with the winner it's the 1st time home from home turned around to cheer real deficits in the bundesliga even if looked a bit clueless. why all the fuss over the super league is enough to get upset about in the book is. this little to cool in the space of was this along the soft side. i don't think it was enough for a penalty as there was hardly any contact was if any went down very early as you got the option of looking at the video on the right thing to do is no blow for a penalty of me to 5. which have gone on not great for me accepting the gift it was left to force himself to bundle the bolian. that was the goal number 152 for the government's not bringing the medal with him 22nd place. wasn't thailand's day as he left a gla

joining us is chris difficult task -- christopher kotowski, oppenheimer senior analyst.pher: if you look at the earnings season, it was pretty much as expected. i think this time last year, we were all acting a big wave of loan losses from the fallout -- we were all expecting a big wave of loan losses from the fallout of covid. that never happened. instead, you have these three countervailing impacts on the banks overall. one, you had rates plunge, and that put big pressure on net interest income. that now looks like it is stabilizing. second, you had credit cards being paged down by about 12% -- being paid down by about 12%. that has but more pressure on net interest income. offsetting that, you had this massive explosion in capital markets activity. when you add it all up, it looks like we are going to end up with revenues being up 2% year on year, but with net interest income down. the fear in the industry is, ok, they be the capital markets activity will stop and the pressure will go on, but i actually don't think that is the case because what we are now seeing is it

have to see how it affects 2021 product rollouts from companies like apple carl >> jon, meantime, oppenheimering nvidia, marv many and broadcom top picks favoring structure growth into '21. down grade at intel. and after the break, "techcheck" sits down with coinbase's first inv investor so stick with us. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea. ♪ ♪ petco. the health and wellness company. >>> shares of crowdstrike, price target $265. bullish or crowd adoption, and punk music and leadership, what they have cmoinomn. we'll tell you right after the break. stay with us. with a bang, energy and change came to every part of our universe. seismic or small, it continues. change is all around us. shaped by technology and human ingenuity, we can make it work for you and yo

tesla after the bell, let's get you charged up for the big reveal from elon musk's ev empire with oppenheimer senior research analyst collin rush who has an outperform and a price target of $1,036. all right, collin, as we look at what's going on with the stock at this very moment i'm guessing we all agree that tesla is going to report what a 7th profitable quarter in a row so let's get the number everyone is really waiting for full year delivery target, collin what's your prediction? >> you know we're with 7,085 vehicles this year but we think the number can reach north of 900,000 and what we're going to hear tonight that's critically important is around gross margin s and get a sense of how their china business is trending without the model x and model s 9 and then beyond that i think ultimately for the stock though, what we want to be watching for is progress on their full self-driving technology, and that's really what's driving valuation of the stock right now but tonight we're looking for gross margins and how that's trending in china, what the commentary is around the full year numbers

give us the perfect s segue, doc, so thank you for that microsoft by the way gets the top pick at oppenheimer, rated outperform, the target to 275. that's 6.5% from where we are. so the stock has come a long way, and it has had a nice run they say it is not over. jason snipe agrees with that, and i saved you for last of the four because i was hoping we would get to this point. doc helped us get there in the most perfect way, jason, talking about microsoft because you just bought more of it. >> nice. >> i did, scott. i just -- you know, to respond to a little bit of the commentary earlier at the top of the show, you know, the macro facts have just been fantastic you know, we see our five panel on unemployment names, we have 3 million plus people today being vaccinated you know, 9.8% -- member you know, the economy is moving in a major way, so we're all in. microsoft has been a name that we have enjoyed and loved for a long time. it has been a legacy name for us really like the deal with nuance really like the army deal, the head save -- headsets, deal with increasing their -- you know, the hea

sorry including robert oppenheimer who reported we can propose no technical demonstration likely to bring an end to the war. we see no acceptable alternative to direct military use it is my contention therefore, but truman ultimately accepted this advice because as he put it he feared them in that an invasion of japan would look like okinawa from one end of japan to the other and that it would cost the us millions of american dead and wounded it would also kill countless japanese soldiers and civilians. my object wrote truman is to save as many american lives as possible, but i also have a human feeling the women and children of japan. thank you. well, thank you saul and now let me turn it over to ron. thanks very much. indeed. rich, and it's a huge pleasure to be on this panel with such one of the stories as saul and rich and to enjoy this audience. i think from many countries in fact, but hosted by the national world war ii museum. jeremy could i get the the first slide please. thank you. i've called this brief set of remarks endgame in china because i want to spend the next 10 minutes

. >> i did notice oppenheimer went to 23.50 this morning, but i didn't see the note. >> it was doug makingbut canaccord is talking about a big raise. everyone seems to think this is the safe one of faang. they all feel that this is the one that you can own because it hasn't moved in years. now it's up 31%. carl, i think we should be looking at other faang numbers because this thing is going up so much, but just beware, everyone's excited about netflix later this week, and, what, a couple hundred million subscribers, this is an exciting week and if you don't like stocks, you should watch something else. >> plus you got the boss on tonight. >> i have to have matthew boss because the retail conversation was such a success we're going to be talking about american eagle outfitters, gap is a transformation. l. brands is a transformation. these are incredible, and you know what they have in common, carl they're in the mall, which is back and bigger than ever. well, for a couple of stores carl, when you have david next to you, he makes those little asides, it's better than it's ever been. >> tomor

the web services giant gets named a top pick by oppenheimer.00 a share. and they call it the best large cap pick and talked about investment in categories like grocery, pharmacy and advertising markets. >> i just like that you described what amazon was, what did you call it? that's nice that you do that i wasn't familiar with it. >> just in case. >> thank you, dom. thank you, becky thank you, andrew. make sure you join us tomorrow "squawk on the street" is next >>> good wednesday morning welcome to "squawk on the street." i'm carl quintanilla with jim cramer and david faber futures are soggy again, after the worst day for stocks in about a month. investors reacting to netflix, verizon, the apple product announcement we will see if we can avoid three days down for all major indices. we haven't done that since early march. our road map begins with the netflix sub stumble. shares are down ahead of the open on top to be the only faang stock now negative for the year. >> plus, it's all about apple. a bi

oppenheimer is upgrading comcast. the par ent company of the network. is improving for each segment of comcast business coming out of covid and nbc universal is recovering better than expected i can't believe we mentioned that in "squawk box. the new price target $75. we'll be right back. >> announcer: executive edge is sponsored by at&t business our people and network will help keep you connected let's take care of business. my something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. >>> chevron just reporting look at the numbers just hitting. chevron earned adjusted number of 90 cents a share. that is in line with what the street was expecting revenue came in at $32 billion versus the $70 bill