save lives and restore countries today is the international day of un peacekeepers gasoline and robin hood drivers steal fuel from a high standard of living in a democratic and prosperous germany the opening ceremony of the slavianski bazaar is already running out of tickets, we will tell you about the innovations of the festival week. today is the international day of peacekeepers at the un, it is called upon to pay tribute due to the courage and selfless devotion of the units that ensure peace in hot spots, belarus has always shared the fundamental principles of the united nations, actively participated in the processes of resolving crisis situations through multilateral dialogue and peacekeeping since 2010, belarusian military personnel have been performing tasks in the mission of the interim forces. un injection, proving minsk's interest in resolving the crisis for the first time about the intention to create its own peacekeeping military contingent, belarus announced in 2004, and a year later a peacekeeping company was formed, it was she who took part in the csto mission in kazakhstan

andrew: robin hood is a stock a lot of people like to hate.t is inexperienced to investigate the market, berkshire hathaway price chairman charlie munger is the biggest critic who says the plunge amounts to divine retribution for his activities but the stock around $10 looks cheap, $7 a share in cash on the balance sheet, not paying much for the franchise at all, company seeking to move the prophet, could be an acquisition candidate. ben: what you like about that company? andrew: it is stylish, it lifted $95 a pair a pair and basically taking on the optician business which sells glasses for double the price so essentially a disruptor with very good growth prospects ahead of it, the stock is half of its ipo price. all birds is known for will be sneakers that were popular in silicon valley. the knock against it is it is a fad company but it has a strong following among eco-conscious consumers and is down 90% with $2 a share in cash on the balance sheet. carleton: if people are nervous about picking and choosing ipos is there a way to get into th

. >>> gut check on robin hood. picking audiotape a 7.6 stake in the platform for $648 million the head of one of the world's top crypto exchanges, becoming robin hood's third largest shareholder. he doesn't have any plans to take action according to a filing with the sec. maybe he's just diversifying, calling it, quote, an attractive investment, saying he could potentially review a variety of options for enhancing stockholder value if circumstances change, the news coming after robin hood hit an all-time low on thursday, closing the day down about 77% from its july ipo levels, but shares surging this morning on that stake, now up about 25%, taking it, carl, to the levels from may the 4th. >> meantime, jon, let's get over to julia, joining us with a special guest. hey, julia. >> good morning to you, carl, again, that's right, we're joined now by peter chernin, the group announcing it was leading a $260 million investment into a toy company, with bob iger, who also invested, advising the board. but before we get to t

joining me is robin hood ceo richard fury jr.oming from new york city, the other 50 from robin hood, $25 million came from another, the other 25 you're going to raise. what is it going to do for new york city parents? >> first of all, thank you for having me to talk about this. we've raised a hundred million and including a $25 million anchor gift. fundamentally, child care is a tremendous one-two punch for americans. one, we all understand child care is critical for new yorkers to be able to go to work, americans to go to work, as you just said. >> pardon me. >> no problem. people didn't understand that before the pandemic. ask any parents during the pandemic if they understand how critical it is. but the other thing about child care, it's a tremendous opportunity for child development. we know that so much brain development happens in the early stages of life. and if you have quality child care, if you are really working on investing in the workforce, you cannot only make sure parents can go to work, can you help young people d

and so like robin hood and don't get me started on them, the crypto currency space starts with provably 0 sum for every dollar earned in crypto currency. it came at the expense of another investor. and there are 2 things like this that we can say in the real world, the horse track and ponzi schemes. and when the systems collapse, they grind slowly down and then collapse very suddenly. so the same thing can very well happen to all the crypto currencies, starting with bitcoin because there is no value in bitcoin. other than what some other succor will pay for an elderly simple conti ski. well, let me jump in here real quick because that brings us to the whole cost of value. this is the so i have a cycle blacks and bitcoin dot com. i establish it in january 2014 because i didn't see the face like mine out there. and i want to make sure that everyone knew that there's no barrier to entry to this whole space. lot of confusion, lot of misunderstanding how to fund if you would about the space and mile thing is i asked them what, what, how do you define value value honestly is what someone is w

are you such noble robin hoods? then someone gave the loot to the poor. you ruslan samarin? i don’t know, honestly, i don’t know, he left like a drunkard and disappeared. and who all the time called some kind of sidekick, he did not call him them. this sidekick gave us vodka. thank you vika. yes maxim how are you, if in line at the savings bank? i told you to pay rent. i see the queue doesn't move at all. follow me. what are you doing here? maxim well, well, it's probably better to clarify everything right away, so that later we don't deceive each other. ruslan lives with me. you know he has big problems. now listen, really, do it completely not in you. you are very good. i was just sure that everything was over with ruslan. look at me. he needs help, he really needs it. clear. you can't continue. wait. when he is caught, and he is caught, you will be under investigation. as an accomplice. do you need it? come on, come, it will be for you. will you cooperate is another extenuating circumstance. in general, you decide. i dont know. vic understand, if i do

and you look robin hood found. why authority?them criminals sit and this is not is being discussed. i'm not criminal or you and i say goodbye and most importantly i hate no lies most of all, lies, understand, understand? still it is not clear to buy no olya bought everything. stop not move. not embarrassed, more embarrassing. but this is already impudent, and in appearance still a decent woman of a colleague, where i got the keys . i did not mine, slavochka will give them to me himself. which slavochka is your father? yes, i am olga. i saw the dog on crime news. so i couldn’t find a place for myself, i tried to call the subscriber is unavailable. so i decided to come here. he me just tell him everything is ok. tell me to go sit. from this place in more detail. how do you know my father at that time, a prostitute? why a prostitute? i just got a ride, i'm a teacher at school. russian language literature when did you meet three years ago? so you've known each other for 3 years? yes? today is just three years old. today we can say we

execution, just a confirmation of the long-known and well-known word to oleg romanov, the free shooter robin hood, as you know, evil, intentionally caused justice to his neighbors, and also robbed in the name of good and the common good. accordingly, he was freed categorically by the refusal to recognize any authority whatsoever, imposed from outside the canon by shootings in american schools. yes , in fact, and in general, all mashutings in the united states, on the contrary, is the result of the complete obedience of the shooters to the rules that are imposed on them by society, after all , and rebellion. there is no riot here. it's just that another killer commits suicide in the most defiant way, burns everything around him to be noticed and glorified, each such executioner is a herostratus who wants to be remembered at least somehow. even if, as the embodiment of absolute evil, the current salvador ramos is a man of the same type in the school in the same one where he later appeared with a rifle and a pistol. he was despised and bullied. he was weak, not attractive, not smart in the american

robin hood was accused of breach of contract negligence and violating california's fair business laws. it is not yet known how much robin hood will pay to settle the suit. >> some new arrivals at the oakland zoo with these little baby may not be sticking around for long. we'll tell for state controller, only yiu will save taxpayers money. wait, who, me? me? no, not you. yvonne yiu. yvonne yiu. not me. good choice. for 25 years, yiu worked as an executive at top financial firms. managed hundreds of audits. as mayor, she saved taxpayers over $55 million. finding waste. saving money. because... yiu is for you. yiu is for you. exactly. yvonne yiu. democrat for controller. >> the oakland zoo has 4 new bison caps and they were all born this month. cute little guy. zoo officials say there in great health and ones old enough. the bison will travel to the their herds native homeland in montana. it's part of the zoo's initiative to restore free-roaming bison to the blackfeet nation and nearby national parks since the program started in 2018, the zoo has returned. 24 bison to montana. pretty cut

those met two neutralized tied a point to a tree fixed. right, until they ate the bears adopted by robin hoodd also white fluffy, though, don't be bored guys. they will come for you soon. at me a physicist. millions of pets go sharpening, all over russia we are protected from fleas and ticks with bars preparations, we are different, but we all trust the protection of pets to bars means is it possible that a person did not come from a monkey, but from dolphins, our spine is not adapted to earthly gravity, or people once flew from another planet. the ancestors of humans, most likely comes from our milky way galaxy questioning the theory of evolution is under hypnosis here is the theory and trying to figure out whether man is really the crown of creation on saturday at 15:00 on ntv dolphin continued from monday at 20:00 on ntv against pain there is askofen p, painkiller with paracetamol at an affordable price and askofen ultra enhanced composition to combat migraine and other types of pain. well , a graduate. you know what to do? you are sure professionalism will teach you to think with your own

a lot of stock out there have block chain exposure, companies like coin base, robin hood that are exchangesike paypal and companies like nvidia which makes chips and a bank that is trying to become on a crypto services bank, more traditional banking. to play the growth in block chain technology and the tokens in bitcoin as well. jack: thanks for coming on. roundtable members give their investment ideas for the coming week and jack sees a rare opportunity in the market. stay right there. s—you're a cio in 2022. so what's on the agenda? morning security briefing—make that two. share that link. send that contract. see what's trending. check the traffic on your network, in real time, with the next generation in global secure networking from comcast business. lunch? -sure. you've got time. onboard 37 new people, with 74 new devices. does anybody have any questions? and just as many questions. shut down a storm of ddos attacks. protect headquarters and the cloud. with all your data on the nation's largest ip network. whoa, that is big. ok. coffee time. double shot. deal with a potential breach. d

a lot of stock out there have block chain exposure, companies like coin base, robin hood that are exchangespaypal and companies like nvidia which makes chips and a bank that is trying to become on a crypto services bank, more traditional banking. to play the growth in block chain technology and the tokens in bitcoin as well. in bitcoin as well. jack: thanks for coming on. can he stand on his own... once he's all on his own? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪ >> i stopped at a gas station, went by a liquor store and bought a gift. i had a lunch salad advice latte. i read barron, then came here. jack: that was a clip from the mid season finale of break and bad prequel, nice plug for barron and that guy was reading your column. you write about an unusual occurrence, some stocks are cheaper than value stocks. jack: that is a latte mustache and that guy. it is small crap growth, it is actually cheaper than small-cap value. 12 times free cash flow versus 15 times. that is an unnatural state of affairs like when d

um the reasons driving layoffs, zipcar vonna or layout, said robin hood or layoffs, cities, other firms and actually suffered from a number of layoffs took analyst larry maggot has been in tech for four decades. i think this is the normal kind of cycling that businesses go through. and since we've come off in such a great bull market in such great success in tech, there are a lot of people who have never experienced that despite what we're seeing just the past week there will continue to be a very , very, very strong markets for, um people in tech, the very lifeblood of tech. venture capitalists. last year, investors blew away all records shoveling $630 billion into venture capital firms, but with inflation and higher interest rates savaging the economy, even venture capitalists are putting less money into startups but demanding better terms from them. but they're not running for the exits. tech is here to stay, and it's not going away. uber twitter and amazon are among the most recent tech companies to slow down hiring while e commerce giants wayfair and facebook parent meta have froze

careful about spending, comes on top of other companies, public ones have said the same, uber, meta, robin hood that's laying off numbers. is this over it seems no, but are we going to get a dead cat bounce or a head fake, i guess that's what everyone's trying to figure out right now. good show lined up for that too. i know there's some good opportunity, she's been hit hard, her company, we'll discuss all of this. let's bring in mike santoli, now with more context on this and wall street, hierarchy of fears, how is that playing out, when a day like today, once again nasdaq underperforming. >> dee, very low conviction. i think a lot of good things about friday's bounce, people are looking to seize on but not a lot of follow-through right now, you mentioned the echoes, at least perceived echoes with that dotcom bust of 20 some years ago, that's one thing to get into obviously recession matters more than anything, whether we get one or not that's going to determine things, but this idea that we're deflating the excesses in a rapid way i do think has also affected the debate. take a look at the cur

a lot of stock out there have block chain exposure, companies like coin base, robin hood that are exchanges like nvidia which makes chips and a bank that is trying to become on a crypto services bank, more traditional banking. to play the growth in block chain technology and the tokens in bitcoin as well. in bitcoin as well. jack: thanks for coming on. you know liberty mutual customizes your car insurance, so you only pay for what you need? like how i customized this scarf? check out this backpack i made for marco. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ big game today! everybody ready? alexa, ask buick to start my enclave. starting your buick enclave. i just love our new alexa. dad, it's a buick. i love that new alexa smell. it's a buick. we need snacks for the team. alexa, take us to the nearest grocery store. getting directions. alexa will get us there in no time. it's a buick. let's be real. don't make me turn this alexa around. oh my. it's painful. the buick enclave, with available alexa built in. ask “alexa, tell me more about buick suvs.” if you used shipgo

free shooter robin hood, as you know, maliciously inflicted justice on his neighbors, and also robbede name of good and common good.

block is down -- robin hood down 22%. what's going on here, particularly on a day like today? >> yes, we've got square earnings today, that story and sentiment really around block, has been all about crypto, and ceo jack dorsey's long-term plans for that company but in the near term bitcoin hasn't been a meaningful part of block's bottom line. bitcoin trading revenue neared $2 billion but of that net profit was just 2% of that total, bitcoin accounted for about 3.9 # of total net profit, that's expected to shrink this quarter as crypto trading activities slow down there's been a lot less volatility in digital asset markets, block has gotten crushed as we've talked about with high multiple tech names, down more than 8%. some analysts say it's better positioned than fintech peers heading into earnings, it's less exposed to e-commerce than say paypal, e bay or shopify it's more exposed to restaurants and small businesses and then you've got cashout the growth story for block that makes up half of revenues. stimulus checks grove the outsized growth. block did buy credit karma toda

robin hood is a startup company.hem out of trading. the outages happened about 2 years ago in march at the height of pandemic related trading volatility. the lawsuit filed in san francisco alleges those outages cause users to lose money since they were unable to trade. robin hood is accused of breach of contract negligence and for violating california's fair business laws. it's not yet known how much robin hood will pay to settle this suit. we'll be right back. you know, that just makes me want to get up and dance. korean pop supergroup bts is headed to the white house. they're not just there for some fun now. they partnered with unicef to launch a global anti violence campaign. they met with president biden next tuesday to talk about the rise in anti-asian hate crimes around the world. this discussion happens on the last day of aap i heritage month. anti-asian hate crimes have been up since the start of the pandemic, especially those targeting women and older people. so we look forward to seeing what comes out of th

retail investors coming into this market over the last couple of years thanks to companies like robin hood happens to them? >> a lot of them might not exist. you saw something similar in the late 90's internet boom. the explosion of e*trade's and ameritrade. a lot of the businesses had to merge to stay alive. some went private. this twitter deal very well could be the first big transaction we are seeing, but far from the last. we expect a lot of consolidation, shutdowns, the ipo window to remain shut. we don't think over the next 12 months, you are more likely to see shrink in the total number of companies available for investment venue are to see new companies available. >> where do you expect to see consolidation? who do you expect to see shut down? >> the worst the business model, the more likely the consolidation. you have had of a lot of the ridesharing folks on, that space is desperate for continued consolidation. takeaway and doordash have been big consolidators. we think that space is going to continually have to do deals amongst itself until they get to a small enough number of pl

shares of robin hood are soaring in premarket trading.ryptocurrency billionaire sam has taken a 7.6% stake in the troubled online brokerage. robinhood shares have plunged 77% since the ipo last summer. fed is concerned retail trading phenomena is losing steam. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ♪ >> i think valuations have come in quite a lot and i think that will help people look for opportunities where they can be repositioned for a longer-term appreciation, but it may still be rocky. but some of those valuations have gotten attractive. jonathan: joanne feeney from advisors capital management, good morning, futures positive on the s&p, up by 1%. nasdaq positive by .7% on the bond market. yields have not been lower, they have been every day this week. two point 89 -- 2.89. when tweet takes twitter down by 3.9%. the agreed price with elon musk was 5420, desk 54 point 20, the twitter deal is on hold, saying -- citin

free shooter robin hood, as you know, deliberately caused justice to his neighbors, and also robbed in name of good and the common good, accordingly, his deeds were free , categorically refusing to recognize any authority , any, imposed out of canon shootings in american schools. yes actually and in general all mash-ups in the united states are, on the contrary, the result of the complete obedience of shooters to the rules that are imposed on them by society, after all, and rebellion. there is no riot here. it's just that another killer commits suicide in the most demonstrative way, burning everything around him to be noticed and glorified by each such executioner - this is a herostratus who wants to be remembered at least somehow. even if as the embodiment of the absolute evil of the current salvador ramos, a man of the same type at school in the same one where he later came with a rifle pistol. he was despised and bullied. he was weak, not attractive, not smart in american taibe about human ranks. this is a classic loser, loser and ramos is so into you. i found a way to turn the game

. >>> bay area based online trading platform robin hood is rolling out a stock lending program.loan outheir securities to short sellers. they said the concept is key to its survival.. they have seen major user loss. >>> ea sports is ending it's three decade partnership with fifa. the company made the announcement yesterday that starting next year they will be known as ea sports fc. they will still remain most of the team and player likenesses but fifa said its ul ads thd of the year. that's according to the new york times. it could be introduced soon. in april netflix said it had lost more than 200 subscribers. >>> may is asin american, pacific islander heritage monday and one film festival is a platform for them to tell their stories. >> we had a chance to sit down with the new director to talk about the films she helped curate. >> stage now set for one of the country's most influential asian american film festivals. nobody more excited than the new festival director for the center for asian american media. helping to curate this year's canned festival celebrating 40 years of h

just this week, netflix announced major layoffs and facebook, robin hood and carbonara also recentlyaid off employees. other companies are putting a freeze on new hire ends. well, i think this is the normal kind of cycling that businesses go through and since we've come off of such a great bull market in such great success in tech, there are a lot of people who have never experienced that. now uber twitter and amazon or among the latest tech companies slowing down their hiring plans , while wayfair and facebook's parent company, meta have put a freeze on their hiring entirely. 4 18 is the time let's check in with river to gonzales for our forecast. what's the day going to be like? for most of us? i find it a little, um, complicated to explain because it feels muggy outside right. relative. humidity is up this morning. but with the wind shift today, and those winds increasing it's going to dry out the atmosphere so that relative humidity is going to plummet. and then that elevates our fire concerns. hi everybody. good morning to you live weather camera this morning. we have clear skie

charlie munger, he's 98 years old, looked like a cranky old man this weekend when he basically said robin hood's getting what god god is giving robin what they stocks down 88%. grant grandpa spoken upper great grandpa. i guess so. >> all right. and then lastly, talk a bit about netflix. i saw that they had canceled. wasn't megan markle shared an animated series that they kind of dropped is it's still kind of like the side of what they're going to be starting to do now that they're hitting rough patches. >> it's just a sign that everything is maturing and they have to look at their spending this point in time because we can't draw more americans to sign up. they're going to police the business with a password sharing. going to stop celebrities like meghan markle, who let's face it. not exactly looking to for her production we're looking she's made the initial dude who might be king or 6 in line or whatever. is this point in time. so it makes stranger things is coming back this month and it's going to have 30 million dollars per episode budget. wow. this is out of control. millie, bobby brown is g

have seen, arkk is up 10% as we have this conversation from wednesday close, innovation up 17% robin hood up 31 draft kings, 23. teledock, 16 roblox 26. is that where we think the sizable bounce starts? then it needs follow flew. how do you assess from here? >> the latter part, the most important piece, this won't change trajectory how most investors perform the next couple weeks we have seen significant dip buying, particularly today in some companies in terms of what's going to work the next couple of years, whether or not you believe that we're going to have 4% inflation, we're going to have higher inflation, we're going to have slower growth, and i think when you are looking at your portfolio, if the follow through doesn't happen in sectors like industrials, technology, health care, in the back half of the year, these short term rallies that we're seeing are not going to be sustainable. i look at companies with strong cash flow, balance sheets. most importantly, making money from profitability that's when you see a shift in the market those are companies that are going to drive index

now this sweden, netflix announced major layoffs and facebook, robin hood and carbonneau recently laid off employees there. other companies are putting a freeze on new hirings. i think this is the normal kind of cycling that businesses go through and since we've come off of such a great bull market in such great success in tech, there are a lot of people who have never experienced that. now uber, twitter and amazon are among the latest tech companies to slow down their hiring plans, while wayfair and facebook's parent company, meta here, freezing hiring entirely time is 7 37 at the federal prison in dublin. two dozen managers accused of misconduct or being reassigned to other prisons around the country leader with the union that represents correctional officers at the dublin prison, told ktvu. the managers were notified this week. some are being sent to new jobs as far away as texas or florida. the federal prison in dublin has had national attention after five correctional officers, including the warden, were charged with having sex with inmates. alright we're going to take a break rig

>>> after the break, another big interview, robin hood ceovlad tenev.o te cckacinss chhe bk a moment. vlad tenev a conversation you don't want to miss tech check back in a moment. joel, since kansas, we've taken our own path. we've never done what everyone else did. we took on the fear. we ignored the doubt. we loved the excitement. we believed. even when our path didn't make sense to everyone else, we kept going. we keep going. until our path is the one they wished they had taken. ♪♪ [ kimberly ] before clearchoice, my dental health was so bad i would be in a lot of pain. i was unable to eat. it was very hard. kimberly came to clearchoice with a bunch of missing teeth, struggling with pain, with dental disease. clearchoice dental implants solved her dental issues. [ kimberly ] i feel so much better. i feel energized to go outside and play with my daughter. i can ate anything. like, i don't have to worry. clearchoice changed my life. cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a complete f

robin hood's at an all-time brought retail investors in the stock market. retailers leicester's have lost all the money they made during the pandemic. peloton has lost over 80%. it's got 750 million dollars in financing. now they're struggling to pay their bills. they've got 2.9 million subscribers. it was the in thing during the pandemic. when jim's shutdown in 2020. the only problem is they sort exercise bike mine. i had one would be in the garage at this point in time their subscribers only one percent. there's no reason to own it. it's internet superhighway road. cal is part of a blood sacrifice theme of the day. if you're i'm still advice from succession. see, all our is one of his kids on the plan in the market needs that we need to kill the speculation and like bitcoin looks like it could fall to 10, $15,000 and it's currently around 30,000 right now. so we need more blood in the street, ok? but >> but you but you always say, well, you know, bit coin, you know, is not like a a product and peloton is a product and yes, it's fancy she man see. is that

this week, netflix announced major layoffs and facebook, robin hood and carbonneau recently laid offrings. i think this is the normal kind of cycling that businesses go through and since we've come off in such a great bull market in such great success in tech, there are a lot of people who have never experienced that. uber twitter and amazon are among the latest tech companies to slow down hiring plans, while wayfair and facebook's parent company, meta are freezing hiring entirely. tomorrow night. the golden state warriors go for victory number two as they try to go up 20 over the dallas mavericks in the nba western conference finals and game one was all warriors. they blew out the mavs 1 12 to 87 joining us now. is 95 7, the game host matt stein. it's good morning, tiny yesterday when we're watching the game together over at a friend's house. you said something that intrigued me. and it was something to the order of that the dallas mavericks did not come in with the proper respect for the golden state warriors care expand on that. well it just seemed to be and by the way, good morni

and so many people held the stop when robin hood shut down trading.o tank, they found themselves unable to sell their stock, because the stock was losing value so quickly. so diamond hands as this tell about the stock market, but it's a bigger philosophy about your approach to life, and in our current environment. these guys were, it's almost a nihilism to the stock market these days, especially back in 2021 when this was going on, where people were just were yolo-ing their 401k, and throwing everything they had into this. not just make money, but to make a statement. so much of this was more -- at first there was a value, play but eventually, it became so much more than the. >> i think we have time for this, let's listen to another clip. >> you, know i want from working, owning a business, working 60, 78 hours a week, two, i can't do anything. and i, thought at the time, at some extra money in the savings account, so i, thought you, know is just sitting there, let me see what can do on the market. maybe i'll pull a warren buffett move, i'll get someb

your loudest critics i don't know if we've ever got a response directly from you most munger said robin hood unraveling what's your response to that >> so if warren buffett and charlie munger were getting started today, i have no doubt they'd be robinhood customers. >> you think they'd be using the platform. >> i have no doubt if they were getting started today, for sure. >> what's the investing behavior we talked a little bit about the slowdown in trading behavior how are investors handling what may be their first good market >> we're seeing -- we have lots of different types of investors on the platform. so first timers, obviously is what we've been talking about, but we have lots of advanced investors as well, so customers coming to robinhood for our competitive crypto offerings, customers that actively trade options, and you know, during this time, i think it's a great opportunity for us to get closer to their needs, understand them, and build great products for them them so a couple of things i've announced in the recent past, hyper extended hours trading which allows customers to take

it's making use of that user base that a lot of finteches from robin hood to coin base to paypal are trying to do. >> and inflation sensitive user base i wonder how long that will continue to work. >> good point. >> we'll see carl >> yup, we've talked about credit risk in fintech, for a long time. and a lot of those scenarios are now here one area to have tech towatch is face. and virgin gla lactic shares down today, the company as you know delaying the launch of its commercial space flight service to 2023 #. supply chain and labor constraints. valuations have crumbled planet labs and virgin, the dow back to #00. nus.ckn colef o mite opportunity is using data to create a competitive advantage. ♪ ♪ it's raising capital that helps companies change the world. it's making complicated financial concepts seem simple. opportunity is making the dream of home ownership a reality... ♪ ♪ ...writing new rules and redefining the game... ...and driving the world forward to a greener energy future. (applause) ♪ ♪ opportunity is setting a goal... ...and charting a course to get there. sometimes the

. >>> welcome back it's been a rough year for the fintech stocks paypal, affirm, sofi, and robin hood down at least 40%, but look at how these stocks have bounced off their lows from earlier in may since may 12th, affirm has more than doubled so do they have more room to rebound? kate rooney is taking a closer look at these names. kate. >> hey, kelly. wall street is certainly keeping an eye out for fintech opportunities at these price, and there were some big winners in may we had sew fie that was the big outperformer, followed by robinhood and affirm compared that to the ark, if you zoom out a little bit, the year-to-date charts not looking quite as good. affirm seeing the deepest losses there with about a 70% drop so far this year, and jmp securities is among those hunts for value right now. firm ran some screens on 100 fintech names looking at cash, cash on the balance sheet, also earnings growth, and then short interest as well they first looked at cash relative to market cap, top of that list, root followed by robinhood and batch, jmp calling this a good starting point, compared

he said to somebody they were plenty they were plundering there on ship and he said we're like robin hood's men and from that one comment, a lot of people have said well, they were really democratic they were taking to the rich to give to the poor. no, they weren't they were taken from whoever they could to give to themselves. they weren't, you know, going through nottingham wood and they were they weren't democratic warriors. they weren't the predecessors of the democratic ideals that we talk about during the american revolution. although certainly not fully realized or the french revolution when it started and a lot of people want to take these little nuggets of information we have about the pirates and the fact that they had a somewhat. you know quote unquote democratic system, which is fascinating, but they were not. democratic philosophers, they were not political philosophers. so you have to sort of keep them in their own lane and not make them more of what they were even calling the republic of pirates. not the book, but they called jamaica and and nasa on the bahamas this little pir

and then, robin hood stopped trading.he entire thing sort of turned into something else about the system. so you know, so many things are happening right now are about how americans are really angry right now. and we are trying to understand where that is coming from. this is another example of that. it is connected to all the other stuff this happening in our country right now. >> absolutely, zak. in just a few seconds, can you tell me what you want people to take away from this? aside from a better understanding of how all of this went down? because it was remarkable. >> yeah. it is a really big question. i think our film is really about the first person stories of the people that experience this. but i think there is a bigger takeaway, to. the system is not necessarily built for everybody. i think we are seeing in all these different ways. this is another example of that. the system created a loophole in which these people could actually buy the stock at such a cheap value, and create a short squeeze out of it. but it

we were out one night at a pub| called the robin hood.robertson. they retained the cup and get i goal byjohn robertson. retained the cup and get the goal byjohn robertson— retained the cup and get the trophy in england — retained the cup and get the trophy in england for the fourth year running _ in england for the fourth year running. if in england for the fourth year runninu. , 9, in england for the fourth year runninu. , ., ., ,, ., running. it is a togetherness. you can see little _ running. it is a togetherness. you can see little hints _ running. it is a togetherness. you can see little hints of _ running. it is a togetherness. you can see little hints of it. - running. it is a togetherness. you can see little hints of it. having i can see little hints of it. having each other up. a little bit of a dream come true, really. tie each other up. a little bit of a dream come true, really. he is one ofthe dream come true, really. he is one of the few — dream come true, really. he is one of the few managers _ dream come true, really. he is

people wanted to attackwall street, and thereality of the situation is they broke robin hood. mr. the $3 billion from being largerthan it probably would have been because you wantedto protect your position, and that is very troubling. - they had to sacrificesomebody in order to resolve this, and they sacrificed the peoplethat wanted to diamond hands their gamestop. and a lot of peoplelost a lot of money. andy barr:so if anyone has a problem with your decisionto halt trades, it's fair to say thattheir frustration should be directed towardfederal regulation. vlad tenev:congressman, you know, i'm not trying to throwanyone under the bus in direct frustrationanywhere. all i cansay is robinhood's security played this by the booksand played it basically the only waythat we could remain in compliancewith our deposit requirements. andy barr:mr. tenev, i appreciate-- chris garcia:wall street's got it to where they have every card and they knowevery rule of the game to where we're going to bend and bend those ruleswithout breaking them. and the problemis what they do, us typical little guys