they have nothing on palantir. to put things in perspective, the at the money calls that expire in january alone are nearly 10% of the current stock price when i was looking at those earlier today. so $26 stock at the money with an option that expires in basically less than three months is going to cost you $2.60 however, when you look at the wedge, you could see why the options premiums would be as high as they are we are looking at a range of 10 to $45 right there in about a year's time. this is a stock that can really move around. so i think what we want to do here is actually buy those january 26 calls if you have a bullish view, as guy does, and then sell some nearer dated calls against it, similar to what we were doing in disney the out of the money december 31 calls is collect about 65 cents. that's a way to help offset that decay. obviously you could say to yourself, spending $1.80 in options premium seems like quite a lot, but when you see how much this stock can move, you can recognize that obviously that

when guy was on last, he and mike took a stab at palantir take a listen. >> people will say at 26 timesit is very expensive, and they are right. but in earnings a lot of people are expecting bad things i think there's a lot of negativity in the name, and palantir can surprise people to the upside >> i think you want to buy those january 26 calls if you have a bullish view as guy does sell calls against it, similar to what we were doing in disney. out of the money december 31 calls, you collect about 65 cents for those when i was looking at it. material portion of the extrinsic you're paying for the january options. that offsets the decay obviously, you know, you could say to yourself, well, spending $1.80 in options premium on a $26 stock seems like a lot when you see how much this can move, you can recognize that, actually, that protection may well be worth it >> since then, big data has been a small problem. what do we do from here, mike? >> yeah, turns out that protection was well warranted because, of course, it got absolutely slayed after those numbers came out of course, we were r

guy is here and guy spies with his little eye palantir. what do you 1993 this one? >> is that a squid game thing? are you trying to get me whacked here i'm sensing that you're trying to do nasty things i like palantir because no one is talking about them. they are starting to leak out, in terms of the market and the street catching wind of that, it will be a whole new valuation. people will say at 26 times sales, thereabouts, it is very expensive and they're right. a lot of people are expecting bad things and there is a lot of negativity in the name, and i think they can surprise people to the upside. i think the earnings if i'm not mistaken on the 9th or so of november >> how does it chart >> this is a pair of twos. they are matched off they can look at it on the screen we know the ipo stock opened at 10 on september, a year and a half ago and we hit a 45. that spike high on january 27th was one day before the spike high in gme. and it has been very unhappy ever since and we're working into the apex of this formation which is to say you now make your bet, long or s

he says palantir is a buy. bottom line he says expectations were high heading into this print.explains some of the decline this morning the key metric of financial health brent argues is backlog growth for this software company and that is accelerating jumping more than 170% back to you all. >> thanks, josh. shares down today but still up about 65% year to date >>> meantime, amd and nvidia, two names betting big on the metaverse we so often talk about have seen massive gains over the last month amd is now up 2,000% over the last five years, nvidia up some 1,300% in the same time frame. yesterday amd announced partnership with meta around metaverse data center ship this morning it's a partnership nvidia and luminar moving those stocks which is the better buy? aaron, do you pick up both of them >> yeah, we actually like both they're little different stories. nvidia is much or after deepening platform narrative you know, you talked about metaverse, their omniverse and amd is what we saw yesterday was just this expansion of their data center product portfolio and confidence that th

>> you know, we believe in palantir in full disclosure.es, many times those views have been confidential we moved because they were too confidential we are an international business we defend the u.s. government and western governments all over the world. we have a massive business all over the world, in the middle east we have certain values we stand by inch you want to work in china or any other country adversary, you should disclose it and defend it our view, though, is slightly difficult. you should work where you can justify internally and externally however, if you do not work with the u.s. government, you should disclose why you are working and that's been our position we, of course, are proud to make things that make us stronger and put us in a decision where we decide what the ethics will be, we and america's allies and therefore influence the world in a positive way. >> you have left denver, you left california to go to denver a. lot of people have moved their head quarters to austin, what do you think is happening in terms of ca

palantir is in the crypto field. i think when the market and street catches wind, it will be a whole new valuation. people will say at 26 times sales, very expensive and they are right. but into earnings people are expecting bad things i think there is a lot of negativity in the name and i think it can surprise people on the upside their earnings, if i'm not mistaken is the 9th of november. >> how does it look, carter? >> this is a pair of twos, bears and bulls. the stock opened at 10 september a year and a half ago and we hit a 45 that spike high on january 27 was one day before the spike high in gme, the ultimate game stock. it has been unhappy since. we are working to the apex of this formation so you make your bet long or short. i say wait for the news and go with it as it breaks out or down from the formation >> mike, figuring out a trade. a pair of twos is not a particularly good thing according to google. and guy likes this one >> how you play your hand depends more than just the cards you are holding. we were

when guy was on last he and mike took a stab at palantir. >> people will say at 26 times sales it is are right but in earnings a lot of people are expecting bad things i think there is negativity and i think it can surprise people to the upside. >> i think you want to buy those january 26 calls if you have a b bullish view as guy does when i was looking at it, it is a material portion you are paying for the january options that is a way to diooffset the decay. you could say it seems like quite a lot, but when you see how much the stock can move, the protection can well be worth it. >> since then, a small problem what do we do from here, mike? >> that protection was well warranted, because it got slayed after the numbers came out and we were risking less than two bucks. there isn't a lot left to do the short options are worthless. probably cover them for a penny. if you want to hang on to them, you are welcome to do that at this point there is little additional risk in doing so, but we were wise to use options rather than buying the stock outright >> guy, what has changed >> the price

we have a look at what's driving the move lower. >> not an easy day for palantir. rbc saying a red flag in that report decelerating growth he rates the sector perform, yes, different yated technology and deep customer relationships and he says in his opinion it is still a rich valuation and has concerns about palantir's growth prospects post-pandemic. back to you all. >> josh, thank you. >>> still ahead, losing some magic. shares of compass pathways tanking after the company released data of the magic mushrooms treatment for depression talking to the ceo about the results and wall street's reaction heading to break a check on bonds. yields are pulling back. the 10-year down to 1.44 "closing bell" will be right back what's strong with me? what's strong with me? what's strong with me? what's strong with me? with me! with me! what's strong with me? with me! with me. i'll shoot you an estimate as soon as i get back to the office. hey, i can help you do that right now. high thryv! thryv? yep. i'm the all-in-one management software built for small business. high thryv! h

we are helping with partners like palantir to inform the whole utilities sector.erms of how this process is going to accelerate, we had apple today talking about that it things it can produce a fully autonomous vehicle by 2025. that sounds look a stretch to me, but nevertheless, how is your data going to make that step possible? communication is going to be absolutely critical, extreme you -- extremely regular data is going to be critical. what can you do to help that process? richard: we machine learn every length of every highway, from the 11.9 million vehicles we get data from. we have received over 477 million miles -- 477 billion miles of data. so we have a huge data asset, and we are machine learning all of the timely outcomes. we are helping most many factors already designed parking utilities where in ev, autonomous vehicle will know where to park once it has dropped the driver off. it will then inform others in the area where they can park. so it's a huge amount of data requirements. we have a huge data asset already built, and we are becoming a central c

you know what that's from, dom >> palantir?lease tell many e. >> becky knows it's within that globe where you can see saron if you look into it remember mary or pippin that like stole it when gafdolf was stealing it. a lot of those are big lord of the rings fan. that's a palantir and and seemp jackson subpoena selling off >> don't look directly into it, or you will see the dark lord. >> the dark lord can see you, too. they unearth and know what are you up to. >> a lot of times he'll send a flock of crows looking for you and stuff. tentacles everywhere >> i have learned how much more into the lord of the rings trilogy you guys are >> very nerds, nerds, nerds. >> was there anyone cooler than orlando bloom running around on those -- he stole my beating heart, whoa, man, he was something in that role >>> rivian set to make its market debut it could be one of the largest ipos, phil le beau, speaking of my beating heart, phil le beau joins us with the rivian stuff >> joe, a huge day for those watching the electric vehicle and saying

charles: palantir problem they can't tell their story. the government they can't put their story out there. >> that is very true. remember amazon in early days people didn't understand the company. look where it is today. apple, people couldn't understand that jobs wanted to change the industry. look where it is. i'm willing to wait and put my foot in my mouth. willing to go all-in with that one. charles: the markets rallied while you two were talking. that is what i love. see you both soon. folks, we'll be right back. ♪ (man) still asleep. (woman vo) so, where to next? (vo) reflect on the past, celebrate the future. season's greetings from audi. ♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. (vo) the more we do with our phones, the more network quality and reliability matter. and only verizon has been the most awarded for network quality 27 times in a row. t

the person making the accusation is john lansdale, co-partner at palantir. it came up in the context of a new dad, pete buttigieg, who took time off from running the transportation department to welcome new adoptive twins. lansdale wrote, any man in an important position who takes six months off of leave for a newborn is a loser. in the old days, men had babies and worked harder to provide for their future. that's correct masculine response. now, as a man myself, i don't recall electing joe the arbiter what have is and is not masculine. for the record, he later said maybe "loser" was a bit harsh of a word, but the damage really had been done. i thought i would try to get some expertise in all this as to what other people thought about it and what dads take off for how long and for how often. i contacted mahima chawla, whose company works with fortune 500 hr departments on parental leave. good morning to you. what do you think of the idea that men who take extended time off are losers? >> hi, scott. shocking for a lot of people to see the type of language bei

and the firm siting palantir slowing revenue growth in government and commercial businesses you can seeare down another 3.5% right now, david. >> another thing we're going to keep our close eye on is what is the largest ipo of the year? making its market debut and it's going public on the nasdaq rivn is the ticker raising some $11.5 billion sovereign funds, big growth funds all stepping up. not a lot of hedge funds let's get over to phil lebeau, who can fill us in on what's important. phil >> it's definitely the prospects. that's what everybody's excited about. and i've heard from more people in the auto industry, from established auto makers, the ones internal combusting, converting to electric as well as start ups you mentioned the excitement regarding the ipo and we're waiting for the stock to start trading, keep in mind this 153 million shares was originally supposed to be 135 million they upsized it because there's rrb so much demand what does it build how many orders for the three vehicles they've announced they're starting work on you have the two primary ones. the electric deliv

palantir. susan: 39 degrees brisk. i love it.heir operating platform in case stu cares. i think it is important, palantir seriously are trying to diversify away from just government agencies who have been primarily their main clientele. they are getting an endorsement from america's largest public pension. california public bought 3.6 million shares over the summer. i think that is a big check mark with they're buying in. stuart: kyrus -- susan: cyrus one. stuart: that is classic miss sake. cy -- susan: cyrus one, we were talking about it during the break. you're cool and savvy. cyrus one, going private in a 15 billion-dollar deal with kkr and global infrastructure partners. 90 bucks, all in cash, mind you this is what we call merger arbitraging. stuart: that will go down for the blooper real. i will lever live that done. cry us zone. susan: morgan stanley says it is expensive after doubling from covid. ms says it is should be worth 13% from here. talking about rising competition a lot of different cybersecurity companies especia

check out three of the big movers that caught our attention today -- tim, you flagged the move on palantirof their business growing in the 40s and an outlook that says we are going to grow 30% a year between now and 2025 i find the commercial business growing. commercial customer base growing 46% year over year that's the story if you are commercial base which is the high margin base and the place we wanted to see them grow outside of some of their government contracts, et cetera. i think this is a stock that has a difficult valuation to see growth that's a little bit less than ex-pegted the total growth outside of commercial, a little less than 30%. that's the disappointment here it has been wildly volatile and i think is well positioned long-term. i think this company is so important strategically to so many people that they continue strong >> guy, paypal >> i would have said i think it would hold the low and you buy against that i'm glad you didn't. on the back side of this, dan thought this exact thing would happen traded about 63 million shares today. it feels like a capitulation day,

palantir is down after hours, much more intraday after folding the most since february on shrinking marginorecasts. you have doordash higher on the day, 7.8% after hours, this after they announced a deal with a finnish food-delivery company for 7 billion euros. and we have coinbase missing the estimates, tying that to lower volatility in the third quarter, a lot of retail value that was driving the crypto space was down a little bit. those shares down 10% in after-hours. we will get more into the topic with our own ed ludlow. ed: there are some keywords throughout the shareholder letter that give it away. yes, there was a mace on the top and bottom line, but if you look at the trading volume overall, it is much softer compared to the prior quarter, around $320 billion or so in the third quarter, down from $460 billion in the second quarter. read the shareholder letter, and the word "volatility" appears 17 times. often in reference to greater volatility or lower volatility. the take away is trading volumes were down quarter on quarter. clearly, the market not liking it. let's get into the m

another, bp, working -- they're big campaigns right now about palantir because it is very much involved, in surveillance operations of migrants in the u.s.. it also provides real-time drilling data to bp. so these industries are very much tied and they also share corporate executives. we found chevron has the former ceo both lockheed martinnd northrop grumman on its board. there is a lot of indirect ties stuff like i said, they're both industries that can prit from a climate crisis. amy: let's bring santra denis into the conversation. nick is outside the cop in glasgow and you are inside the u.n. climate summit in glasgow just in front of that revolving globe. you are with the miami workers center. you are haitian-american. i cannot think of a country that is more affected by the climate right now. i am wondering what words you have for the biden administration, president obama just gave a speech, president biden last week, nancy pelosi just gave it. what message do you have for that biden administration about what should be happening when it comes to -- would you describe patients as c

> a lot of marketing dollars behind metaverse a lot of marketing dollars >>> check out shares if palantir company to sell after revenue growth slowed those shares down5% today. but it's a stock that is down 40% since february still up, though, 150% since its ipo a year ago more "techcheck" is straight ahead. stay with us you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire every day in business brings something new. ma so get the flexibility ofn. the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities

doesn't look like kathie bought tesla or dumped palantir. they make actively managed portfolio.et too much money at one point? like every day, all of sudden you wake up you have 50 billion you have to put it to work. >> you can't sit in cash, especially if your goal is growth. but they're making moves. i think they have a keen eye into where the future is. they put out a research note talking about how electric batteries will get cheaper. why they're bullish on tesla. charles: did you see lucent today? rivian, all of it absolutely through the roof. i would note though, morgan stanley i know they have a great rep. mike wilson has been a little off his game i think. read other reports. i like the old mitch. i want the mitch a little more -- >> i was just saying you caught me today. i read it yesterday. the fact of the matter i'm still bullish on the market. i'm not turning stuff into cash. charles: if we see stagflation everybody should head for the hills? >> that is the thing keeping me up maybe one hour a night. charles: mitch, for someone semiretired you look fantastic. >> it i

the edge and it is hard for companies to build that themselves so we see companies elect to use palantir we'll have you back we want to talk about other things but thank you for joining us. >> thank you so much. >>> crypto in the spotlight after the u.s. treasury department released the report on stable coins just in the last hour next an expert on what it means for potential regulation of cryptocurrencies later october saw a boom in spac deals. alco wh cah. and whether the des meita tc re. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading isn't just a hobby. it's your future. so you don't lose sight of the big picture, even when you're focused on what's happening right now. and thinkorswim trading™ is right there with you. to help you become a smarter investor. with an innovative trading platform full of customizable tools. dedicated trade desk pros and a passionate trader community sharing strategies right on the platform. because we take trading as seriously as you do. thinkorswim tradi

stuart how about palantir?art: i'm still waiting for that first trade of rivian because that, to me, is an absolute sensation. that's really something, isn't it? >> it is. stuart: all right, susan, alled good. thanks very much. see you later. i've got a headline for you. biden's bakers' dozen, deroy murdock joins he now. you're talking about those 13 if republicans who voted for the infrastructure bill. they saved the democrats, didn't they? >> completely, stuart. it's good to be with you today. nancy pelosi was able to lose just 3 votes ask get this bull passed, this massive -- this bill passed last friday night, about 11:30. she lost 6 votes. the republican party was in a position to have the squad basically crash that bill, infrastructure bill had i died, this much bigger build back better act would have chanced. and joe biden and nancy pelosi would have been in a situation to say, look, the only way we're going to get anything out of here onto the president's desk is sit down with mitch mcconnell and kevin

maria: we will take a break the cofounder of palantir is here to take wokeness out of classroom whereerbread house! oooh, it's got little people inside! and a snowglobe. oh, i wished i lived in there. you know i can't believe you lost another kevin. it's a holiday tradition! that it is! earn big time with chase freedom unlimited. how do you cashback? chase. make more of what's yours. thanks for coming. now when it comes to a financial plan this broker is your man. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. obrador. >>>. >>> . maria: welcome back, we are standing by for initialing jobless claims due any moment markets higher a wl off the highs of the morning dow industrials up 17, s&p up 10 an

identified growth stories that affirm airbnb, bird, click op, facebook, house, lift, open-door, palantirn specific areas you think many of us will be talking about the next five years. >> the area i always invested in is this idea of business offer distributed through the cloud and offer up in any employee can start using it and you don't have to wait for the cio to deploy a-- it. i think the trend is still continuing. there still a lot of legs to it. we are investing in stores like scratchpad, unicorns and all of this. maria: if the republicans take the majority next year, would you expect new regulations around social media, david? this has been a big topic of conversation. you invested in twitter. it was a great call, but now there is a lot of pushback on censorship, on getting involved in politics. your thoughts on how that evolves and whether or not there's another growth story happening within social media, but away from these typical companies that have done so well. >> i think you will see -- it's been hard to get agreement between republicans and democrats on this issue of socia

palantir, making better sales in summertime and forecasting better business for the big data analyticsey're going outside of just government agencies as well. getting more private clients. cinemark called the best theater chain in the recovery by credit suisse. maybe it is not amc. you should look at cinemark instead according to cs. stuart: thank you, susan. hertz is set to go public. it is not the first ipo. i don't think it is. lauren, do you got that one? lauren: they filed for bankruptcy in 2020. four months after eedging from it they are ipoing on the nasdaq. $29 a pop. it values the company at $13.7 billion. they're waiting to open up on the nasdaq. hertz is a buzzing stock right now. first they ordered 100,000 teslas, letting some uber-drivers rent part of them. part of the whole reinvention of the company, they even have an ad with tom brady in it. the let's go ad. tom brady tweeted that out. they will get a lot of buzz. stuart: that was a let's go ad, right? i saw that. lauren: you saw that. stuart: different from let's go, brandon. i got that. thanks, lauren. >>> a company i