emily: speaking of another community, reddit's ipo is coming up.rious what your reflections are on that as we approach that big milestone and as you are seeing these big shifts, what is reddit's role going to be? alexis: i publicly left the board last year. i wish the team all the best. my focus these days is on 776. i think there is going to be no shortage of big headlines in business press over this next year and for a while to come. we are seeing such a big shift in the role of the retail investor. it is almost the one year anniversary from when i was talking about wall street bets. i know there is a lot of skepticism from folks. the reality is there is a new generation thinking about their portfolio fundamentally differently than ever before. the 60-40 split is gone. it is not just, hey, i want to trade stocks in the bathroom on my phone, it is also a diversification of alternative assets from nft's to trading cards. the dynamic here is so different now. the retail investors, you saw a glimpse of the leverage they might have. for ceo's, speakin

liz: the reddit rebels have a new target, disney ceo bob chape k, shareholders taking to reddit in aney parks and they are trying to device a plan to vote out the ceo at this year's annual meeting. the shareholders in a thread are outraged at the mouse house ceo for soaring prices at the theme parks, long lines and declining customer service, with one user writing, "the magic is gone." this , as the happiest place on earth, is set to release its quarterly report after the closing bell the stock is moving higher by 3%, disney estimated to hit an eps of $0.63 and $20.91 billion in revenue. let's bring in cfra research senior analyst tuna amobi who slated co founder and executive which is a film packaging and financing site. great to have you both all right , tuna go for it. what are you expecting here and what is the most-important thing chapek has to do to calm people out there and do you put any crude ensemble into this reddit website that says this guys gotta go. >> um, good afternoon, liz. no, i think really, its been a baptism of fire of sorts for bob chapek. he hasn't had an easy

people don't want to talk to friends but create communities around tiktok or reddit, creator is of interestople they don't know. that is where it is going and one of the 7 areas, content that has nothing to do with your friends but these monopoly businesses, he goes into areas where other competitors have been for five to 10 years. >> facebook is shrinking. the company is spending a lot of money in the meta-verse. i don't get how sticking a giant moon visor in someone's head makes more likely to stick around? how does the company make money in the meta-verse? is there's a chance for this spending? laura: he was having trouble hiring engineers and when he said he was a leader in the meta-verse that is attractive to employees. it does cost money which facebook hates the keeping your employees, that's the core values of part of it is hiring. he needs machine learning at the meta-verse attracts that kind of person. that is around employee retention. ben:insta growth was supposed to be the growth driver as facebook matured. laura: they copied snapchat. i think snap has pivoted and is keeping up

the reddit crowd waiting.hree years ago, institutional investors cap there short bets, and they started winning. now we see our score ratcheting up to about the mid-80's. we find the crowding score is also approaching something worrying. if you look at the squeeze score, you will see who is winning and losing in the battle between hedge funds who think amc and gme are dead men walking, and the retail crowd who believes, if we just gather enough force together we can squeeze the shorts out. it's a great financial soap opera. the fed taking the money away will not end it. jon: what about the battle taking place under the hood. we have seen all the headlines at peloton. with all of the changes, what is all the numbers and data tell you? bob: peloton is an interesting one. the stock is up 100% or something the last 10 days. the short-sellers are saying we don't believe the taken belly of the stock, if someone is there, is above where the stock is today. most of the time we see short-sellers not covering at. that m

hundreds of commenters on next door and reddit helped rosenburb identity the owner. >> we think that it'll be this dog wear a muzzle, maybe go to behaviorists but the owner won't be held responsible. >> the dog unit said that the two parties and witnesses will be asked to attend the hearing. the officer has the authority to put in restrictions including putting the dog down, sending the dog to a trainer, or requiring the dog wear a three foot leash in public. >> i would love to see every dog on a leash. >> yolanda said her dog's leg was hurt last week after she snapped at a bigger dog. we saw many dogs roaming freely throughout the park this evening. she plans to attend the upcoming hear. >> some sort of restitution it. would be nice to hear an apology. >> in san francisco, betty yu. kpix5. >>> california is joining a growing number of states in dropping mark man dates. for now the policy remains in place for schools. maria asked health experts if that's the right move. >> the spokesperson with the state department of public health said they are working with educational leaders on th

did they actually end up underperforming this by the craze of the reddit traders about this time a yeargo? greg: last year, we track about the 15 most shorted names of the market. last january, though stocks outperformed by over 70%. that was two times the previous high observation we had seen. it was obviously a big outlier of that. since that time, that basket of stocks has underperformed 11 of the last 12 months. they are down 25% on average. most of them have given up the game that they accrued during that time. after you take at amc and gamestop, the two poster children of that episode. romaine: we saw so many investors, so many short-sellers, or at least dedicated shorts out there, kind of run for the hills. some of them were public, saying you can't make money as a dedicated short seller in this environment. was that overstated? greg: i think so. i think there were notable people that bring it up and said, i will not do this anymore. if you look across the aggregate short interest, you look at the percent short on the stock level, it decreased to the lowest levels since 2004. it

and reddit. what is paula? is that champagne in the leather skirt what i have many questions. the direction polite is heading with her life. this is after dark. yeah, it is just and yeah, you got you got the bottle of bubbly. there's a spice things up. alright, i was not expecting that dan. no me neither, but you know right when the kids were little did build-a-bear and it's fun. it's great. it's really fun. it's very interesting to see if they get adults to go might be fun first date or something for people icebreaker type of an evening for adults, but that's cute fun. we'll just add that to mike's. i was what the flowers and the candy and the trip to hawaii and why yeah, i was gonna circle back to that because there's a build-a-bear in downtown disney and maybe trip to disney, but i don't think they'll have these bears at that one. oh, i don't know but i will say i know they have very fashionable plethora of clothing outfit choices. we're going to spend so much. money on this he'll be better off because of roses. you're right. all right, you may notice something a little dif

wordle was released in october by a former reddit software engineer.es to figure out the day's secret five—letter word, using the least number of guesses. the new york times says it's acquired the game for an undisclosed price in the low seven figures. it says it'll continue to be free and there won't be any changes to how it's played. games and puzzles are a key part of the newspaper's digital strategy, with more readers using mobiles and tablets. speaking of which, don't forget the bbc news app. once you've downloaded it, you have it forever. you can also reach me on twitter. i'm @bbcdavideades. hello. the week got off to a stormy start thanks to corrie. the winds have become a little lighter out there now, but for the rest of the week, it will still stay relatively windy, not perhaps as windy, though, as it was due monday. here is corrie come tuesday, menacing down in the middle of the mediterranean. another area of the pressure to the north of the uk will keep it windy here, particularly across scotland, but this weather front sinking south won't b

on its platform anywhere in the world, virginia senator mark warner has asked the ceos of alphabet reddit and tiktok, among others to take steps to limit russian disinformation. as the conflict escalates, and thousands of demonstrators once again took to the streets across russia, protesting against their presidents attack on ukraine, the demonstrators chanted and held up signs denouncing the invasion. russian government forces have threatened to arrest any anti war protesters, according to some reports. at least 1700 demonstrators have been arrested across the country , the battle overseas, creating some conflict here at home. ktvu sema gas reports ukrainian restaurant in san francisco said it received threats on social media. had pushkin and san francisco restaurant serving up dumplings and other russian and ukrainian favorites. the owner put up this q r code for customers interested in sending money to help ukraine from the eastern part of ukraine's sergey should hailo has been on the phone nightly with his parents and siblings who still live in donetsk, the region of eastern ukraine,

wordle was released in october by a former reddit software engineer.word — using the least number of guesses. the new york times says it's acquired the game for an undisclosed price in the low seven figures. it says it'll continue to be free and there won't be any changes to how it's played. certainly something i've been playing and i'm glad to hear they will not be any changes when it has been bought by the new york times. you have been watching newsday. stay with us. british police say they're reviewing more than three hundred photos and five hundred pages of information, as they investigate whether parties held at government offices broke covid lockdown regulations. that is it from us. thanks for watching. hello. the week got off to a stormy start thanks to corrie. the winds have become a little lighter out there now, but for the rest of the week, it will still stay relatively windy, not perhaps as windy, though, as it was due monday. here is corrie come tuesday, menacing down in the middle of the mediterranean. another area of the pressure to the n

coming up tomorrow on bloomberg technology, we have the cofounder of reddit.k about his latest crypto plays. paul: good morning. shery: welcome to "daybreak: asia." the global stock rally set for a pause. how quickly central banks will tighten. mr. earnings from big tech hitting sentiment. spotify slumping in late trade.

coming up tomorrow on bloomberg technology, we have the cofounder of reddit.the 776 venture investment fund. we will talk about his latest crypto plays. also the california congressman ro khanna will be joining us to talk about his new book, dignity in a digital age. and hope cochrane, managing director of madrona venture group, will be joining us. big show. you don't want to miss it. i'm emily chang in seattle. this is bloomberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, o

the feature is different on twitter than sites like reddit.r of up votes and down votes is public ... >> sounds complicated. >>> new video shows russia's progress 80 cargo craft docked with international space station. it is set to deliver resource and maintenance equipment for on board systems, fuel and fresh food for seven member expedition crew. >>> your grocery delivery can be a little different. in fact it might not be a person at all. a robot delivery service. they celebrated yesterday with a robot reveal. they'll deliver food, groceries, packages locally. they can carry up to 20 pounds which is equivalent to about three shopping bags. >> every day is innovation day. at the neighborhood store we are continuously testing, creating, offering new products and innovative experiences that better serve our pleasanton community. i am excited to introduce the newest innovative way to deliver groceries to your home that is not only safe and efficient but also fun. >> it will bring convenience while remaining energy efficient and affordable for cu

we learned on like reddit. it says, you know, give it an identity category, it is racist and sexist. google researchers came forward and said we need to have a bigger conversation about this and we're trying to get people on board about this and then she was fired. so, that is my feeling. look at, you know, how they are playing out. it is not working out that way. >> just one quick follow-up. those communities creating this, do they have anything ethical between them, where science has advanced greatly, but our own set of values in the way things should be done have not caught up. maybe they are or are not having those conversations. >> there a lot of conferences where there are panels about bias and language. that is one issue, particularly with large language models. they kind of trickle down to the public. reading articles about this in the new york times. or the washington post. this is something that they were talking about within the field for a long time. i think that there are a lot of other ethical iss

watching, particularly that index, which tracks the crossover between high-yield investment grade redditand the implied risk premium, the spreads widening dramatically. tom: she is salman rushdie again. lisa: no, basically people are getting concerned about defaults. that is the implication. jonathan: that is the right conclusion. the head of g10 rates strategy at bnp -- i tried to mike it simple and you confused everyone again. equities up 0.1%. from new york, this is bloomberg. ♪ ritika: with the first word news, i'm ritika gupta. russia's vladimir putin and france's president emmanuel macron meet today in moscow. the kremlin says talks will be substantive, but it does not ask but they break through. russia has repeatedly denied that it plans to attack crane. the u.s. and the u.k. say they are now almost 130,000 russian troops close to the ukrainian border. in the u.k., a no-confidence vote on prime mr. boris johnson come as soon as this week. in minimum of 54 conservative members of parliament would have to support a vote. "the sunday times" predict that the total is approaching that.

you have seen changes to take place in the reddit market.tment grade spreads widening out to the widest since november 2020. when do you think we start to see a bleed through in european credit? iain: we already saw some bleed through in european credit at the back end of last year, a bit of an unwind when we had the omicron news. i think the reality is not just in europe, but the u.s., corporate balance sheets are healthy at the moment. when you look at where opportunities are, we still see places like high-yield credit where we expect default rates to remain pretty low for the next 12 to 24 months, that we are starting with some of the repricing that is going on to find some form of value to be had there. that does not say if we see over tightening from central banks that we are not going to see wallowing in markets, but i think some of these market's are looking interesting now, particularly on a forward-looking basis. the breakevens from fixed income standpoint make sure you don't get negative returns in some of these higher-yielding cre

with forums they have gone on witter they are finding chatrooms some have gone to other groups on redditde of wall street bets wall street bets exploded to more than 11 million users from 2 million last year. there is an explosion of forums online where you can trade stock tips and option tips and learn about this stuff some users i spoke to said i'm going to super stock instead of wall street bets >> gunjan banerji, great piece there. i think we established that we are still relevant gunjan banerji, thank you. have a great day i appreciate that. >>> all right. that does it for us here on "worldwide exchange. we have more to do the opec meeting is tomorrow see you on the show. we will talk about opec. that's tomorrow. right now, "squawk" and the gang is picking everything up have a great day . >>> good morning stock futures are lowest since march of 2020. we will show you what is moving this morning and pfizer expects to ask as soon as today for authorization for its covid vaccine for kids under 5 years old. we have details ahead. >>> the land grab in video gaming and microsoft's deal fo

. >> looking at uwmc, that stock along with market had gotten memed pie the wall street reddit tradersmount of float in shares that are available have shied away some institutions, and the overall market cap of the companies. you know, uwmc focused solely on the wholesale broker market, and it also right now currently pays a 9% dividend, which we believe is going to be safe for the foreseeable future and a number of these mortgage companies have, and the regional banks such as citizens financial, have begun to increase their servicing book. as rates rise, the value of the servicing becomes more and more valuable and acts as a buffer against raising rates and lower production >> so kevin, it's dominic here one of the observations that a lot of laypeople out there like myself included, think about when we see higher rates is how much the refinance business can actually benefit if rates keep going higher at what point does the refinance business start to become a headwind for some companies and who is most at risk if refinancing volume starts to go away >> yeah, i think definitely i think

stocks could make shares more widely appealing or ac accessible to wider group of investors, think the reddit, call is just kicking off and we'll monitor what else comes with it. i asked about the capital allocation plans given its $140 billion cash pile and rate of inflation and she said no change, some floated the idea of dividend, no one is holding their breath for one, if so they'll have to continue to wait back to you. >> thank you for the latest on the call karen, stunning after-hours move, what did you like about the quarter? >> so i liked the numbers, obviously. i liked the revenue. the beat when you have a big revenue beat with a business like theirs huge margins you get a big bottom line beat. that was nice. there was a lot to like. aside from the business, which is doing great, nice to see, there was this 20 to 1 split which i was very surprised to see, honestly. they didn't care what price their stock trades at. it is just math, makes no difference, the company is what it is but that 20 to 1 split allows new group of investors, those that trade options, for example, there are no b

lisa: reddit, is that the imprecation here? jonathan: in some ways, and a whole lot more.ne of bny mellon -- alicia levine of bny mellon. from new york, this is bloomberg. ♪ ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >> the problem was inflation is that it is systemic in ways that is very difficult to fight. >> the yield curve is telling us the amount of space the fed has to maneuver is relatively limited. >> given the fed's positioning right now, it certainly raises the risk we could see the fed frontload rate hikes. >> they have to address this inflation problem. >> hopefully the fed does navigate this wel

that is likely to get attention of the reddit crowd.m for buybacks to accelerate. "faang" could be be name to hann to. i'm sorry, google. liz: google, one of the "faangs." google has had a great 52 weeks. it is up nearly 30% as this chart shows. the question becomes, are there better things out there. i know you have two other picks. tell me what is the common thread among all three of these? inn this environment investors should remain patient. that is the first thing. we'll go into a period of what looks like high volatility but really the kind of things you want to look for are companies with pricing power, that have high current returns on on capital and are able to pass along price increases to consumers. a couple other names we like, that we think share characteristics, unh, united healthcare. the nation's largest private health insurance provider, over 48 million members. they have massive careful. we i this the stock will be a steady grower, compounder over foreseeable future, regardless whether or not putin invades the ukraine.

reddit suisse year-to-date is down. over the last year it is down very sharply.ever, the pivot we have seen from the ecb, the pivot and central banks, the rising rate story is really helping out a number of european banks. it is thursday, february 10. to bank of ireland up by 39%. commerce bank up by 35%. in this sector of the stoxx 600, there are seven banks, if i have counted correctly, in negative territory year-to-date. bilal hafeez, macro hive founder and ceo, still with us. really impressive performance from the european banking sector. it has been a perennial underperformer. i forget the last time saw these kind of numbers coming out of the european banking sector, when book values were well north of one. talk about how much is left in the tank. bilal: i think there's a lot of upside still left in the tank for a number of reasons. perhaps the biggest is the fact that yields are going up. there's an incredibly strong relationship between the relative performance of banks to european yields. if you're looking banks to the real index ratio, it moves almost in

>>> twitter is beginning the global test of a new feature a similar feature is part of competitor reddit 2005 it is still experimenting with down votes on irrelevant tweets. interesting to see how this is used scott, i'll send it back to you. >> thank you rahel solomon. an update now to a story the activist fight going on with kohl's macellum has been urging the company to put itself up for sale kohl's has, in fact, received a couple of takeover offers which the company is now responding to today. kohl's saying the offers, quote, do not adequately reflect the company's value. kohl's also today adopting a poison pill. now macellum, telling me we are disappointed and shocked by kohl's hasty disappointment in interest for the outreach of potential acquirers only validates to us that the majority of the board is entrenched and lacks objectivity when maximizing value relative to management's historically ineffective standalone plans john duskin recently said, quote, we will do everything in our power from doing the board to chill a normal sales process. you see kohl's shares up 2%. kohl's rej

the same time facebook says it has to pivot away from social media where its monopoly does to like redditth groups, people that have the same interests. no, i would say the worst thing they did is sort of announced they would start doing the metaverse. now everybody who does still have their monopoly business is throwing money at that business. it will get there first. charles: by the way let the audience know, as you can see we're down 1.7% on the s&p. the dow off just a little bit less than that. the nasdaq the big loser today. real quick also netflix, you know, for sometime even way before this last earnings report now where everyone is saying the company could be toast you were warning, worried about this. can they turn it around or should they try to sell themselves to someone like an apple? >> so, yeah we've had underperform on this one for three years. half that time we looked like a genius. half that time we looked like an idiot. happy it is going our way now again. anyway, here is what is going on here. we have disney at 130 million streaming subscribers. it has been in the marke

and there were so many things connecting and so many people were talking about it all through these reddit: okay elliott -- oh, i love this one this one, i actually love. elliott doesn't actually exist he's a figment of rue's imagination. [ audience ohs ] >> oh, my gosh you wish [ laughter ] >> jimmy: will -- last one will tom holland appear in the "euphoria" finale? [ cheers and applause tell us. tell us right now! come on, tell us >> i knew -- i knew i was going to hear tom's name >> jimmy: come on. dominic, you can tell everyone right now, is tom holland on this weekend >> what i can tell you is that tom's a surprisingly nice guy >> what i can tell you is that tom's a surprisingly nice guy for being spider-man 5-hour energy... 'cause it's time to hit the gym and work up a sweat. and you're going to need some energy. lots of energy. 5-hour energy...for every workout. ♪♪ 5-hour energy...for every workout. meet apartment 2a, 2b and 2c. 2a's monitoring his money with a simple text. like what you see abe? yes! 2b's covered with zero overdraft fees when he overdraws and 2c, well, she's not go

it learned on reddit and fortune in all these places so it said you'd give it a night than in the category and one google researcher came forward and had a bigger conversation about this and was trying to get people on board withui this and was fired. that's my feeling is great to have realistic ambitions. look at how they are playing out. it's not working out that way it seems. >> one quick follow-up it would be interesting to know if those committees that are creating this have any ethical debates within them in the biomedical world a where science has advand a greatly. their own set of values and the way things should be done has been caught up to what medicines capable ofy doing and i wonder f they are or are not having those conversationsf? >> they are having those conversations and there's a lot of panels on bias. that is one issue particularly with large language models this and bias that has trickled down to the public and maybe some of you seen the articles in "the new york times" or the "washington post." and this is something they were talking about in the field for a long time.

dependent on this funding mechanism >> this time last year, i think palantir got caught up in the whole redditthe worst thing that happened to them i was on that band wagon incorrectly. is there an argument to be made, if they could figure out mid sized business, a down scale offering, does palantir make sense at a certain point >> yeah, i think that's an area to watch for sure. i think our concern has been, it's been a business that has, you know, very high exposure to the government 50, 60% of revenue there's very few software companies out there that have that type of exposure. this is a business that's been around for a while despite the recent public listing. they account only a little over 100 customers. our view is that a lot of customers have looked at the palantir technology and passed on it. it doesn't mean they won't ever revisit it but i think if you really dig down in deep and understand what palantir is, it really isn't true out of the box software it's really kind of packaged, custom software that's being deployed by palantir's engineers. so i think that type of motion, very suc

. >> well, the first of a 500 deployment reddit u.s.ops have entered the eastern european theater as a pentagon reveals a possible russian false flag operation. now where the kremlin may have 70% of the manpower needs for possible invasion of ukraine. lucas of tomlinson's life in the capitol of kyiv for on that. lucas. >> good to see you anita. good evening or good morning from ukraine there's an equivalent of about ten u.s. army divisions of russian troops, just for context just about twice as many russian troops invaded georgia in 2008. earlier today the foreign best of ukraine spoke to russian invasion would look like. >> the russian shoulders full.ukrainian soldiers will die. ukrainian civilians will die. he will be an outcast president putin will be an outcast to be does that. that is a big cost. >> this is the first of 2000 paratroopers in the 82nd airborne division arrives in poland for this is new satellite to review the known and belarus. not far from ukrainian border. protected by fourth generation air defense systems at the b

investors i'm seeing you, talking about you on reddit, may save facebook, stay with your plan for thee if they are names to own. charles: put a fine point on that earlier this in week i showed several names, including netflix over the last 12 years have been down more than 10% on 30 occasions. if you held through all of them you would be only up 16,000%. easier said than done but the rewards can be amazing. david, thanks a lot. appreciate your poise, how you helped u today on this. now folks, bring in chris varrone strategas research partners. it is the charts, right? i feel like we're in no-man's land with respect to fundamentals because these reactions certainly not an efficient market. tough go back to the charts. just overall, what are you seeing right now? >> well i think what is so important when we put in context where the weakness has come from, remember, facebook, for example is not a stock that peeked yesterday. facebook has not made a new relative high versus the s&p since august of 2020. amazon has not made a new high relative to the s&p since june of 2020. they have been

if you call it that, and every time i say this stuff, it draws the ire of the incredibly popular redditks, and evil drawings, but around the time robinhood collapsed when peaked when i told you to take some off the table to $11 and change, these began to advantage taking the capital with them. i think of these stocks that they owned as orphans of the storm. most people never understood what they were buying when they picked up draft kings in the 50s. they didn't know about levels. they knew they liked the company and thought that was enough. it's never enough. the great peter lynch always talked about how a product that you like is a good place to start. to start the process of finding a stock. not a good place to finish but since it was more of a concept buy, many of these meme chasers didn't care about price or balance, or any financial there are high professionals that don't care about that stuff either, like cathie wood, yes, up today, amen, unlike her, the meme chasers don't have a seemingly unlimited source of capital. these people are being blown out. but it's not because they're

plus, the reddit rebels battle against the last year's short last year set off that meme stock frenzy and subsequent temporary halts that froze out the individual investor. is an outright ban of payment for order flow the sec's only answer, or is there a better solution now? in a fox business ec cluesive -- exclusive, we're about to ask the chair, gary gensler. we'll also get his trade on the blockchain investigation that's reportedly landed subpoenas at goldman if saks' and morgan stanley's door. plus, a spot etf, what will it take to get the sec to yes? with the closing bell ringing in about 5 minutes, we -- 51 minutes, we do have a major rally on our hands. the volatility index is falling dramatically. we're coming right back on an extraordinarily busy day and lots of questions for sec chair gary gensler in a fox business exclusive. ♪ ♪ your shipping manager left to “find themself.” leaving you lost. 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 yep, it's go time on the

it learned on like reddit and 4chan so if you give it an identity it would be sexist.on researchers came forward and said we need to have a bigger conversation about this and we're trying to get people on board with this and she was fired. so that's my feeling is that it's great to have these idealistic ambitions but look at how they're playing out. it's not working out that way, it seems. >> it would be interesting to know if those communities that are creating this have any ethical debates within a them kind of in the biomedical world where tech has advanced so greatly but our own set of values and the way things could be done wasn't caught up. hasn't caught up to what medicine is capable of doing and i wonder if there are are having these kinds of debates . >> they are having these debates and there's panels about bias in language models. that is i think one issue particularly with large language models is the problem of bias trickle-down to the public where maybe some of you have seen the articles about this in the new york times or the washington post. but a lot of these, and this i

reddit donner pass road and bridge street and it is snowing really good. that's about a half a mile from our office. >> but you don't have whiteout conditions. you know that, right? so its just a little bit of snow is not that tough to drive in. >> well, i mean, any snow contend changed drastically. how you're driving and you really got to be ready for anything when you're driving and that and the bigger thing like, especially when you're going up and over the passes, whiteout conditions occur really quickly. and it doesn't always have to do with the snowfall rate. a lot of times it has to do with how much wind is with the storm. and it has been blowing pretty hard to top. so we can see that blowing snow come across and those lead to white out conditions pretty fast. all right. if you're headed up to the sierra, you have been warned that officer peter man with. >> chp, thank you so much, officer man for your time here tonight. absolutely, guys, thank great to talk to a terrifying scene in the east bay at a mcdonald's drive-thru. it happened in tonight. ric

i was the only reader no one i knew reddit now. i know of older veterans a couple of vietnam guys. i'm uncle praise and then a couple desert storm guys, they read it and it went around their unit. especially in vietnam not vietnam. it was a poet is like iran contra war. but not my unit. yeah now we're much readers. so you're watching cook on dvd, you know, really good -- dvd players. it's a different. um, do you either of you any final words you have anything the last news you want to say this and want to get off your chest? that was great. there's a pleasure me just i was very nervous about meeting users and you're definitely yeah horse to be reckoned with just folks you know, yeah. well, i i thank you all so much. oh we got vinny. so can i thank you know just coming back. yeah, go ahead. so, thank you again. thank you guys, matt suzanne. thank you so much for doing this with me. i really appreciate it. please read get get pity the reader suzanne's book. i would love it if you got my book the writers crusade kurt vonnegut and the many lives of slaughterhouse-five and i look forwar

why isn't youtube and reddit and tiktok. that's a platform of one billion users.on. why did facebook and twitter wait for five days before they did so? they know they have the ability to do so when it comes to what they deem as misinformation here in the u.s. especially during presidential campaigns and election. hunter biden's story squashed as exhibit a. it appears that vladimir putin is losing this propaganda battle. as you mentioned earlier the internet in ukraine is working and allows people to speak to the world. we're seeing increasing unrest and protests throughout russia and ukrainian president zelenskyy has an extremely active and effective with tweets on social media when russia propaganda tried to sell he fled the country he shot a video of himself on military gear in saturday with the famous line. i don't need a ride, i need ammunition. he continued. i am here. we are not putting down arms. our weapon is truth and the truth is this is our land, our country, our children and we will defend all of this. so as far as propaganda and winning the messaging

that's come up, especially in the last year, and this goes around gamestop and amc you can see it on redditssue of naked shorting the view among the retail community especially is that there is i don't want to say some kind of collusion, but some kind of collusion taking place between the short sellers and potentially the banks and the marketmakers and, in fact, these shares that are being shorted actually don't exist when you were running the -- go ahead. >> look. that question comes up continually. here's an area where technology can help us. we now have the consolidated audit trail. we have other technologies we should be able to trace over time whether this behavior is actually occurring and if it is occurring, the extent to which it is occurring and whether it is an accident as some people say from time to time or whether it is intentional. technology should be able to help us set this question. >> but i guess the question is when you were in this office sitting in the chair, could you see that information does the technology exist? were you able to monitor that, and what did you see i

that will add to some of the grist on reddit today.ht they are i think the question is combine communication from the short sellers in advance. >> right right. but buy side guys get all their, you know, act together on why they like like to buy something and buy the stock. i don't know i don't know let's get to the next guest. a little more than half hour until the opening bell we'll bring in markets reporter at the "wall street journal" money and investing team as well as cnb contributor and rich branch greg i'll start with you quickly. figure the russia pullback whatever it is just the respite we're seeing could be figuratively for the market itself we had the hot inflation number. you figure it comes back to roost in march and the market resumes a downward move? >> i do, joe as andrew said a couple of minutes ago, i think we should be worried about the back half this respite aside, right, while russia is talking and behaving nicely we have to focus on the fundamental issues we focussed on in mid january. ppi came in high at 9.7% con

the idea of banning congress from trading stocks we'll have a live report from washington and the reddit interview since taking that job. the second hour of "squawk box" begins right now >>> good morning and welcome back to "squawk box" right here on cnbc. joe is off today take a look at u.s. equity futures at this hour let's show you where things stand right now. the dow up about 202 points, the nasdaq looking higher as well. looking about 178 points higher and s&p looking to open about 35 points higher right now. i want to get straight over to dom chu who's been looking at this morning's premarket movers. >> there's earning stuff, corporate headlines. you've got shares of cvs health lowering off the premarket lows, roughly 15,000 shares of volume so far the chain reported profits and revenues both were ahead of estimates■ç■helped along by increased store sales and more volume for things like covid vaccines and covid testing its full year earnings forecast did fall shy of some expectations maybe leading to some of that weakness down 3.1%. then lyft lower by roughly 20,000 shares of volu

the average income of discover reddit card holder is $100,000 in u.s. dollars.come , the deciding factor is still mortgage rates are quite low and i think that continues to propel demand for the borrower, both at the corporate level but also at the household level. anna: another stock you like is broadcom. why this one? why is this the one you want to play that story? david: is a semiconductor. they have also moved into software with acquisitions of symantec and consumer associates. they are the formula i want to fight in the 34 stocks i own. they are growing the dividend better than 20%. the dividend yield is close to 3%. they are good generator of cash flow on the semiconductor side with the software bias. when we talk about pockets of tech being expensive, broadcom cells and a price-to-earnings ratio of 17 times forward earnings. anna: and we have heard from intel recently -- the management there talking about its investment opportunities in the united states and in europe. a sense that maybe nationalism in the sector and a need to shore up supply chains dome