i'm sara eisen we are closing out a wild first week of 2022 with more red than green on the screen. a 4% drop on the week but the dow is higher heading boo the final hour of trade. >> good afternoon. i'm wilfred frost. have a look at what's driving the action today a mixed report from the jobs number missed estimates but the unemployment rate fell to 3.9% treasury yields popped

which in the last sales spts we like >> sar growth is building there are bright spots we like >> sara eisen"closing bell," sara, thank you >>> americans should no longer use two popular antibody drugs because they do not protect against covid's omicron variant. that's the new guidance from the fda. the agency just scrapped its emergency use authorization from monoclonal antibody treatmentsy. fd made by both regeneron and eli lilly. fda officials say they could re-authorize the medicines if they prove to be effective against future variants. nationwide millions of people have received these antibody drugs and several governors have made it the focal point of their covid responses. ron desantis calls the move to halt these drugs sudden and reckless. this is not the way help people. >> this is not the way that you help people. in our view people have the right to access these treatments and revoke it on these basis and it's fundamentally wrong and we'll fight back >> florida has shut down all of they'v the antibody treatment sites they've canceled more than 2,000 appointments just today. meg t

sara eisen from ""closing bell."another tumultuous day that started with a stumble found a stunning midday comeback and retreated again at the close the tech-heavy nasdaq lost 2.3%. names like amazon, nvidia, all driving. investors are preoccupied by the u-turn we're seeing from the federal reserve. that's if the fed takes away interest rates all the investments that worked best over the last two years when the fed was in generous mode are unraveling. think bitcoin, meme stocks like gamestop, and, yes, technology, which was the darling of the market it doesn't look like it's improving tomorrow microsoft is showing strong growth, but not enough for a picky market the stock fell more than 5% after hours. so it looks like microsoft could determine the direction. it's come back a little bit. >> we watched on the day, sara, as the dow mostly recovered, a mostly swing day what was that about? >> fully recovered, added 200 and then lost it in the close. this is tremendous volatility, the likes of which we haven't seen in ye

i'm sara eisen first trading day of 2022.oth stocks and treasury yields higher nasdaq and small caps in the lead heading into the final hour of trade. >> i'm wilfred frost happy new year to you. tesla the standout after fourth quarter deliveries trounced estimates. reopening stocks like airlines, tsunamis and cruises popping despite omicron cases. 59 minutes left of the session, sara. >> near the best levels. 200 points higher on the dow luke ventures gene munster said two mega caps will duel this year he'll have naughts on apple. shining the light on the forten 40 jon thain boyar with a list of you be loved stocks to tell us the picks and favorites in a bit. >> let's get straight to the big stories. mike santoli is tracking the market action. josh lipton with the apple milestone and a guest to start us off up over a percent on the nasdaq. >> s&p 500 up. big winners near the open. microsoft is a drag on the index. a huge faang and winner last year seeing basically is migrating back up to what were last week's highs. above 480

. >> welcome, everyone i'm sara eisen let's look at what's driving the action tech stocks see a rebound after a brutal start to the year tesla, microsoft, airbnb among the winners today. c china cut key interest rates travelers and american airlines with more results after the bell >>> we have a big lineup coming your way treasure secretary janet yellen will join us to talk about the economy as the biden administration marks one year in officer. you don't wanted to miss that live interview joo plus the ceo of csignet jewelers. after the bell the first faang stock to report results. results from netflix when they hit the tape. >>> let's focus on the big stories to watch this hour mike santoli tracking the market mark mobius with us. mike, start with the move and the rebound we are seeing. >> it is kind 0 of a minimally acceptable rebound from a level everybody was watching we lost some grounld in the last hour, hour and a half or so. seems the downside halted where people were maybe expecting and hoping it should where? points for days at the highs here we have no way to draw at the sept

i'm sara eisen the market lower today and the nasdaq is bouncing back. just on the flat line right now. major averages on paces for the losses for the week. >> good afternoon. i'm wilfred frost. a mixed picture on earnings as big bank results get under way retail sales missing ers mates falling 4.9% in september versus a drop of 0.1% energy surge continue just the sector leading today this week, as well and the month. up 15% in 2022 >>> ahead on today' show, talking to wells fargo cfo about the earnings report as the name is boosted and others pull back. fundstrat tom lee will join us on the volatility and whether he sticks by the prediction for nasdaq to hit 5,000 in january watching this final hour, mike santoli tracking the market action wilfred with the bank earnings and i'll talk about the hawkish fed commentary moving markets. mike, what are you watching? >> it is pretty unsteady i would say. low con vviction. the selling never got out of hand a few levels is monday low from this week is about 1% below where the s&p is trading right now. absolutely

. >> welcome, everyone i'm sara eisen look at what's driving the action the focus on the bond marketollowing yesterday's hawkish fed minutes. rates on the 10-year topping 1.75 today bitcoin below $43,000 in the session. energy and financials adding to the blowout start to the year. 59 minutes left to go in the session. >>> coming up today, a can't miss interview with bridgewater founder ray dalio. that exclusive interview is coming shortly asking bank of america's head of commodities research where he thinks oil prices could be headed next. >> let's focus on the big stories this hour. mike santoli tracking another wild day joining us with his take adam parker mike, what are you focusing on right now? >> tentative steadying action is not movement under the surface there's a weak bounce in the growth sectors after being oversold today the s&p 500 did go down and held the initial technical areas people were looking for. it comes up in there really what we have done is tried to stop the bleeding in this area. right around the november/december high just there's been a lot of money in mot

i'm sara eisen a new week bringing fresh volatility to the market we head boo the final hour, mike, the nasdaq down 405 at the lows down 125 now. >> up almost 2% from the lows. i'm mike santoli in for wilfred frost today. look at what's driving the action treasury rates mostly higher the 10-year above 1.8% receded from there the tech sector also following last week's trend to the downside chips and fintech hit especially hard crypto is under more pressure. bitcoin briefly dipping under $40,000. 59 minutes left to go in the session. >>> we have a great lineup big call today on interest rate just mike wilson and katie stock t stockton on the charts tilray is a standout winner today following earnings this morning. we'll break down the numbers with the ceo irwin simon coming up first, mike, tracking the market action deirdre bosa with the nasdaq movers berhe that coombs with the highlights of the interview with jamie dimon. mike, broader market lower except for health care. >> yes health care. a big jpmorgan health care conference going on. s&p 500 bent and didn't break. at the lows this m

i i'm wilfred frost along with sara eisen and mike santoli. lling for a correction this year and will explain why and which sectors will outperform. jason snipe is still with us sara saying there dipped into the red for the dow at the close. best performer for the week. the nasdaq down 4.5% jason, clearly the other factor was the rise in yields over the course of the week which is stark. we get cpi next week are we protected when that comes out given the rise in yields we have seen? >> yeah, yeah. obviously a tremendous move in yields this week for me, especially as we i focus on financials, for example, i don't think it is a steepening of the yield curve story i was listening to a guest on the 2-year note and moving up quickly. i don't think that's the complete story but when i think about financials i do think the return of loan growth is decisive going into the quarters in year so that's a story i pay attention to i think the cpi number will be hot and probably in the 7% range. and the fed's going to step in as i mentioned earlier xhints i t

i'm sara eisen and it is a fitting end to a very rocky week here on wall street. major averages all over the map. currently sitting at the worst levels of the day. down 2% on the nasdaq. almost 7% for the week. >> good afternoon. i'm wilfred frost. have a look at what's driving the action pulling down other streaming names with it, the stock could turn in the worst session for nearly a decade. treasury yields are pulling back sharply. 10-year down bitcoin dropping well below $40,000. as we've seen all week anything can happen in this final hour of trade. might be negative on the screens and trying to deliver it with a smile. >> anything can happen it's why it's always so fun. we have a great lineup to navigate today bank of america's jill carey hall joins us. tony dwyer will tell us how long the selling could last scott black with three major concerns for the market and a new stock pick he likes right now. >> first let's get to the big action with mike santoli and joining us is luke munster mike, the broader markets selling off in the session. >> untrustworthy bou

. >> welcome i'm sara eisen let's look at what's driving the action tech falling hard again after strong start to the week fresh data once again raising concerns about higher inflation. producer price index jumping from last year though the monthly increase below estimates. airlines have a strong session after delta tops boeing with progress in china. >>> coming up on the show today, fed president of philadelphia patrick harker joins us to talk about the rate hike guidelines and hearing from kyle bass with the latest thinking on china, the market volatility and the boom in energy to start the year. >> first up, the big stories of this hour. mike santoli tracking the action josh lipton with a look at the nasdaq and joining us on delta and the pop in airline stocks connor cunningham from mkm mike, what are you watching today as we see tech take it on the chin again. >> the big nasdaq stocks with a bounce yesterday we are selling rallies in the big groewth stocks i keep trying to say how much in the short term is this rotation. people have more of the big crowded expensive growth stocks to

i'm sara eisen let's look at when's driving the action in the final hour of trade. the 10-year well above 1.8%, highest level in two years putting serious pressure on tech with chips in particular falling. goldman sachs weighing on the dow after earnings missed estimates. activision is a winner surging after microsoft said it would buy it for nearly $79 billion. >>> we'll be all over the market sell-off into the close and beyond and coming up two key executives in the financial space react to earnings. hearing from the ceo of charles schwab and interactive brokers chairman thomas peterffy >> both good reads we are watching the big story just mike santoli tracking the market sell-off. wilfred with goldman sachs's earnings miss and joining us is an analyst from rbc and light shed mike, the market action. what are you watching? >> broad weakness today but orderly orderly, that might be a positive or negative obeying the traffic signals. around 4570 or below that. it was both at the index's 100 day average. basically hilt last week's low undercut last monday's low and s

i'm sara eisen welcome.et's look at what's driving the action fed chair powell testifying on capitol hill as partof the reconfirmation process reiterating the aim to rein in inflation. the energy sector adding to gains already for the year outperforming today as oil prices pop and technology is also broadly higher. ubs downgraded the stock to sell we have 59 minutes left to go in the session. >>> coming up today, a great read on the consumer, inflation and the impact of omicron. speaking with the ceos of krispy kreme and crocs about the factors. i got hungry prepping for the interviews plus the world bank out with a new warning about gloeblg growth speaking with the world bank president david malpass. >> mike santoli. joining us to talk about the fed and the economy is seth carpenter from morgan stanley. mike, what are you focused on? big rebound. do you believe it? >> it's actually doing what it is supposed to do to make the case that this is just a routine pullback for the whipsaws in the sector that is we

i'm sara eisen a new week bringing fresh volatility to the market we head boo the final hour, mike, thet the lows down 125 now. >> up almost 2% from the lows. i'm mike santoli in for wilfred frost today. look at what's driving the action treasury rates mostly higher the

i'm sara eisen, back here at the new york stock exchange.oking to go out on a high note after a month to forget for the bulls the nasdaq seeing the biggest pop, surging nearly 3% session highs as we head into the final hour of trading. >> on a two-shot for the first time, only in about four or five weeks but it sounds like six months >> now we're back. >> i'm wilfred frost let's look at what is driving the action today consumer discretionary and tech are the standout winners

i'm sara eisen the wild swings keep coming.ges trading in another wide range today, giving up substantial earlier gains nasdaq down more than 1% as we head into the close. >> and i'm wilfred frost good afternoon let let's have a look at what's driving the action tesla and dow inc. on the back of their results some strong data coming in fourth quarter gdp trouncing estimates with a 6.9% print, and weekly joble

. >> welcome, everyone i'm sara eisen let's look at what's driving the action in this final hour. once again, seeing heavy selling pressure, even as treasury yields dip today. the nasdaq is now down 14% on the year with names like airbnb, netflix, and tesla among the hardest hit today. bitcoin making a t

markets the dow and s&p 500 setting record highs, the nasdaq sharply in the red >> welcome, i'm sara eisen let's look at what is driving the action in the final hour yields on the move again the ten-year note yield approaching 1.7% that's pressuring tech stocks with chips and chinese internet seeing the most pain covid cases exploding in america. the u.s. reporting a single day record monday of more than 1 million cases. some of those may have been due to reporting delays over the weekend. >>> and energy is the top performing sector once again today as oil moved higher following opec's meeting nasdaq down more than 1.5% dow on track for a record close. >> s&p 500 is nearly positive again, just rounding back in the last 15, 20 minutes. coming up today, youssef squali will weigh in on the nasdaq selloff. plus rbc's helima croft will talk about the strong start for energy and what she makes of today's opec meeting >>> let's focus in on the big stories we're watching right now. mike santoli is tracking the market action. deirdre bosa has more on the selloff in tech. mike, start us off with the

i'm sara eisen another up and down session here as investors try to make sense of today's big inflationeport. the major averages are holding onto gains as we head into this final hour of trade. but off the highs. >> and i'm wilfred frost good afternoon to you. let's have a look at what is driving the action today the december consumer price index matched expectations, rising 7% year over year the biggest jump since 1982. meanwhile, the fed just released its book of economic conditions saying growth in many district what's constrained by supply chain and labor issues more on that in a moment and tech is outperforming, building on gains for the week chips in the lead along with chinese internet stocks, microsoft and tesla. 59 minutes left in the session, sara >> coming up on the show, a few big names, imf managing director will join us to weigh in on the inflation situation. plus her latest thoughts on china's economy and crypto warnings we'll also talk to former disney ceo michael eisner >> but first of all let's get to the big stories we're watching today. mike, start us off, if you wil

i'm wilfred frost along with sara eisen and mike santoli, cnbc senior markets commentator. f today, as sara mentioned, for all three of the major averages, but led by the nasdaq down 3.34%. the dow, which had outperformed most of the session. jeremy siegel will weigh in on whether this is a buying opportunity or whether there is more selling to come josh brown from ritholtz management is still with us. mike, in terms of this intraday move as well, all sectors negative by the close. the dow, which year-to-date, week to date, outperformed so significantly, closing pretty much at the session lows, down 400 points what were your main takeaways from today's session >> you live by a price-weighted index, you die by it salesforce and microsoft together are down 30 points, which means something like 250 dow points of just those two stocks the rest of the market's down more but it does show you why the dow itself also succumbed even when you had things like energy and financials outperforming a very weak tape. markets knocked off course by what was an orderly-feeling rotation from, y

stocks the stocks that are down the most have really good companies and are doing some buying as sara eisen told you on closing bell today the leader on the down side in this market is starting the decline is adobe getting slammed this morning trading as low as $497 adobe finished up 3% to 525. i chronicled this today on twitter, believe it or not while this company is very profitable, its results were widely panned. since then big tech has been wobbling on january 4th ubs slashed the estimate for adobe and downgraded the stock and said it isn't making a comeback. i don't think that's necessarily true i had adobe ceo on this show after the company reported and i thought he said a lot of good things he dotubted that there was any slowdown i'm with him now it's true there were some lines that weren't perfect, however, adobe below $500 where it was at today's lows is a very different beast that was at $680 unlike so many other stock pontificators, it isn't factored in enough to people's thinking it's no shock that people talked about adobe. even if last week's downgrade was right we're now get

i'm sara eisen and it is a fitting end to a very rocky week here on wall street.or averages all over the map. currently sitting at the worst levels of the day. down 2% on the nasdaq. almost 7% for the week. >> good afternoon. i'm wilfred frost. have a look at what's driving the action pulling down other streaming names with it, the stock could

i'm sara eisen a turbulent day here on wall street with losses accelerating, yields jumping after the the nasdaq sharply underperforming, down 2.5%. >> good afternoon, i'm wilfred frost. let's have a look at what is driving that negative action, as sara mentioned, the nasdaq continues to lag as rising yields remain in focus microsoft, apple, and nvidia among the biggest drags. salesforce plunging as well and putting pressure on the dow

for its fourth straight weekly decline the nasdaq could turn its fifth down week in a row >> i'm sara eisena slew of data this morning. helpful futures off their early lows key inflation reading came in hotter than expected, but incomes and spending were

. >> welcome, everyone i'm sara eisen look at what's driving the action the focus on the bond marketay's hawkish fed minutes. rates on t

i'm sara eisen the wild swings keep coming. the major averages trading in another wide range today, giving up substantial earlier gains nasdaq down more than 1% as we head into the close. >> and i'm wilfred frost good afternoon let let's have a look at what's driving the action tesla and dow inc. on the back of their results some strong data coming in fourth quarter gdp trouncing estimates with a 6.9% print, and weekly jobless claims ticked lower. netflix is among the biggest s&p 500 winners after bill ackman revealed a major new stake in the company, more on that ahead. 59 minutes left to go in the session. down sharply, sara >> coming up on today's show, apple headlining one of the most important afternoons in all of earnings season. we have it an all-star panel ready to break down the numbers as soon as they come out plus, we'll get results from robinhood, visa, and mondelez among others, and we'll talk exclusively with mondelez's ceo about the quarter and the impact of food inflation before he goes to his company's conferen

i'm wilfred frost along with sara eisen and mike santoli.dy for a pair of big tech earnings we'll have instant analysis of results from microsoft and texas instruments as soon as the numbers cross. eugene profit still with us, and mark layman joins the conversation mark, i'll come to you first of all, and your take on this tech sell-off ahead, of course, of the microsoft numbers due any minute now have we pulled back enough >> probably not. although we're certainly getting closer i mean, the big multiple compression is obviously well behind us. we have seen such a big fall in some of the big tech names in some of the profitless names of the ipo wave of the last two years. i think we're getting closer to the bottom i'm not calling thattin today, i think you'll start to see investor pick through the rubble of the names where they feel like they have good strategies, good management teams, good prospects. i would expect closer to the bottom than a lot of investor think, we'll be choppy through the rest of the quarter. >> why do you say that we'

. >> welcome i'm sara eisen let's look at what's driving the action tech falling hard again after strongo the week fresh data once again raising concerns about higher inflation. producer price index jumping from last year though the monthly increase below estimates. airlines have a strong session afte

i'm sara eisen let's look at when's driving the action in the final hour of trade.above 1.8%, highest level in two years putting serious pressure on tech with chips in particular falling. goldman sachs weighing on the dow after earnings missed

i'm sara eisen welcome.what's driving the action fed chair powell testifying on capitol hill as partof the reconfirmation process reiterating the aim to rein in inflation. the energy sector adding to gains already for the year outperforming today as oil prices pop and technology is also broadly

i'm sara eisen another up and down session here as investors try to make sense of today's big inflationrages are holding onto gains as we head into this final hour of trade. but off the highs. >> and i'm wilfred frost good afternoon to you. let's have a look at what is driving the action today the december consumer price index matched expectations, rising 7% year over year the biggest jump since 1982. meanwhile, the fed just released

i'm sara eisen a strong start giving way to another choppy session here on wall street. now in the red as we head into this final hour of trading. >> good afternoon, i'm wilfred frost. let's have a look at what is driving the action today earnings season kicking into high gear with reports this morning from bank of america, morgan stanley, and procter & gamble treasury yields moving lower for a change but remain well above where they started at the year and the

i'm sara eisen the market lower today and the nasdaq is bouncing back. major averages on paces for the losses for the week. >> good afternoon. i'm wilfred frost. a mixed picture on earnings as big bank results get under way retail sales missing ers mates falling 4.9% in september versus a drop of 0.1% energy surge continue just the sector leading today this week, as well and the

i'm sara eisen first trading day of 2022. and treasury yields higher nasdaq and small caps in the lead heading into the final hour of trade. >> i'm wilfred frost happy new year to you. tesla the standout after fourth quarter deliveries

. >> welcome, everyone i'm sara eisen let's look at what's driving the action tech stocks see a reboundl start to the year tesla, microsoft, airbnb among the winner

markets the dow and s&p 500 setting record highs, the nasdaq sharply in the red >> welcome, i'm sara eisent is driving the action in the final hour yields on the move again the ten-year note yield approaching 1.7% that's pressuring tech stocks with chips and chinese internet seeing the most pain covid cases exploding in america. the u.s. reporting a single da

i'm sara eisen if you thought the market would calm down after yesterday's stunning comeback, think agains making another remarkable turn with the dow now up more than 200 points. it was down 818 at the lows of the day. >> stunning reversal yesterday, almost as stunning today. i'm wilfred frost. good froome. let's look at what's driving the action earnings season wrapping up with ge, american express, and j&j after reporting before the bell.

i'm sara eisen here with wilfred frost and mike santoli.enior markets commentator we have a lot to talk about this hour coming up, canyon partners josh raw friedman is here to weigh in on the market rebound. why he says we're at a fork in the road and where he thinks we're headed >>> plus, wells fargo institute, invest lt institute scott wren sees opportunity now and what he's telling his partners. first up, lidsy bell is still with us, joining is alley, what were the conversations with your high net worth clients like today? at one point, we were down almost 5% in the nasdaq, which closed higher by .6% >> what a day, what a week, what a month. today was as epically crazy and volatile intraday as friday was the other way. i am so relieved, as is everybody here at the summit, to have the result that we had today, which really, you know, look, we are in what i call the triple threat as someone who really loves alliteration, of rapidly rising rates the market has been working overtime as has all of the al2 rhythms to try to figure out what tha

for its fourth straight weekly decline the nasdaq could turn its fifth down week in a row >> i'm sara eisen. let's look at what's driving the action a slew of data this morning. helpful futures off their early lows key inflation reading came in hotter than expected, but incomes and spending were a tad light. apple helping with the whole tech sector after strong earnings and hopeful supply chain commentary robinhood also boosting tech after a stunning turnaround. earnings from chevron and caterpillar keeping the dow in check. we have 59 minutes to go in this wild trading week. we're up 222 points. at one point, we were down 323 just another day in tumultuous volatility world >> we have a big show coming your way in just a few minutes, we'll speak with brian deese about the firmer economic data this week plus his thoughts on market volatility and later, dan niles will weigh in on apple's post earnings performance and look ahead to mega cap tech names reporting next week and what he's been doing with his portfolio >> let's get to mike santoli tracking another up and down session for stocks is

i'm sara eisen, back here at the new york stock exchange. major averages looking to go out on a high note after a month to forget for the bulls the nasdaq seeing the biggest pop, surging nearly 3% session highs as we head into the final hour of trading. >> on a two-shot for the first time, only in about four or five weeks but it sounds like six months >> now we're back. >> i'm wilfred frost let's look at what is driving the action today consumer discretionary and tech are the standout winners chips are also having a very strong session ahead of earnings from nxp semi after the close, and energy in focus on tensions between russia and ukraine, the energy sector up around tent% on the year 59 minutes left of the session and of january >> coming up on today's show, we will speak exclusively with richmond federal reserve president tom barken his first tv interview since the fed meeting. >> plus, arielle's ru rupal bhansali will join us with a list of her stocks >> first, let's focus on the big stories we're watching today deirdre bosa is coverin

i'm sara eisen a strong start giving way to another choppy session here on wall street.he dow was up triple digits at one point now in the red as we head into this final hour of trading. >> good afternoon, i'm wilfred frost. let's have a look at what is driving the action today earnings season kicking into high gear with reports this morning from bank of america, morgan stanley, and procter & gamble treasury yields moving lower for a change but remain well above where they started at the year and the action in tech remains front and center chips falling again today, and the nasdaq now down around 10% from its recent highs. 59 minutes left of the session, sara >> down 120 on the dow ahead on today's show, bank of america's ceo brian moynihan will join us for a first on cnbc interview to talk about today's earnings report and what he's seeing in the broader economy and from his customers right now. >>> plus, we'll ask investor eric jackson where he is finding opportunities in the sector. >>> and president biden slated to host a news conference next hour as he marks one yea

programming note as we go to break, do not miss another addition of "crypto night in america" tonight our sara eisenith michael sailer and sam bankman freed. begins at 6:00 p.m. eastern time. >>> meanwhile, "techcheck" is back after this. 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 - [narrator] introducing the grubhub guarantee: our promise to deliver the food you love on time, and give you the lowest price, or you'll get $5 off your next order. every day in business brings something new. so get the flexibility of 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 switchi

tomorrow morning thanks, >>> hi, i am sara eisen. cnbc >> tonight, crypto crash what you need to know as the digital markets get volume tim >>> plus, a little pin action. which stocks correlate to crypto and what does it mean for you. and crypto

she's on at 3:00 >> sara eisen, if i recall, has a relationship with her as well. n this one. >> i didn't like the sayles number, or zaybar's number -- wow, she's on at 3:00? >> that changes everything for him, carl. >> i'm taking back everything i bought at jared for my wife. i can't believe she's on at 3:00 >> you'll get over it. >> do people understand i'm on "mad money"? >> yeah, everybody does. you don't win every single day every single minute. >> i'll call in and participate. thank you, sara. wilf would be happy to have me on. >> that's as good a promo as any. the big board celebrating the acquisition, and the nasdaq wave energy technology company. i know you've been watching them as we get a bit of relief on crude today. it's pretty impressive outlook numbers. >> the permian is up private equity companies are doing it, it's not the devans, not the pioneer. i put it in the bull pen for the club, conoco is very interesting. very well run, very good marathon is very interesting they have cleaned up their balance sheet, and devan has a -- i find it hard to do th

in march of '09 shares up 3% don't miss another cnbc special, crypto night in america hosted by sara eisenstern time as we did take tick a leg lower, s&p now negative on the back of some mega cap tech we're back in a minute. >>> private equity firm tpg went public at $29.50 a share our leslie picker is following that closely leslie >> hey, david. tpg finally set to make its debut today after toying with the idea of going public for years. the asset price manager generating a billion for the company in china life insurance. the price values tpg at more than $9 billion. now, i just got off the phone with tpg's founder and executive chairman and ceo i asked them about their plans now that tpg is a public company, whether they will be expanding into new areas like their private equity since they've gone public. winklereed noted they see more opportunity in the areas they're currently in, namely growth impact and real estate, but he also expects some level of consolidation in the industry and it's open to pursuing inorganic growth opportunities like acquisitions as well. the bulk of their tradi

eisen as well. thank you. no you more breaking news on how far team trump went to make it appeal they won the election. in any case, phony. cnn's sara murray has details so what are you learning about what trump allies did in the weeks after the election? >> reporter: essentially, they were trump allies in seven states donald trump lost -- places like michigan, pennsylvania, arizona, who decided they were just gonna come up with fake certificates, and they were going to submit those to the nation archives and those fake certificates say donald trump was actually the winner of those states that he lost. now, the watchdog group american oversight found these documents, and essentially what these folks were doing is they were trying to mimic an official process that is part of the electoral college. you know, what happens is the governor signs a letter, essentially saying joe biden won our state. they submit that letter to the national archives. the national archives later submits that letter to congress. so, they have it for the official count of the electoral votes on january 6th. apparently, the trump allies thought they could just