>> schlumberger traded nearly four times their average daily call volume today.sult of activity on the 46 strike calls expiring in october. those expire on october 21st, which i point out because that's probably when we're going to be expecting this company to report their third quarter earnings over 55,000 of those traded for about 31 cents buyers of those calls will be making quite a bullish bet given the stock's 39 price as of today's close. right now those premiums are also suggesting pretty big moves in general if you happen to own the stock or are thinking about it, maybe call spreads would be a better way to play it in my view. >> got it. let's trade it. >> been long for a long time we refer to schlumberger as a technology company they're the most innovative company. they just deal with code nine, they have an enterprise data system utilized by the company this is cash flow accretive. i talk about this all the time for the gas and oil sec sector there is only one way which drilling activity has to go. and i think these companies are doing it a little diffe

but the schlumberger bus e conflict yorba hooker marva is waiting to take the university entry exam to study medicine. she's clear on why she wants to follow in her mother's footsteps e m. as old will have a her that again, because our society needs female doctors in every single province mobile app. after the recent earthquake, there were no female doctors in the field to help the injured women are only made doctors where they are, but not a single female. well, i want to help the women of my country and i think is one hold common. whether marva will follow her modest career. levy up to the taliban. they wait. he sighed. how many women doctors they want and where i wanna go. can i get done with sophist? montague? mistletoe. a meeting and with our last story takes place in germany. the small village of fell time is one of the few communities in germany that generates all of its own energy. it's heat and electricity come from wind turbines and bio gas plants. as a result, putin's threats to turn off the gas tap leave residents cold. this until it village and brandenburg is located just

lauren: all energy, schlumberger is number one, oil is down for the quarter.ine but they are optimistic, bullish forecasts, goldman sachs sees brent, european oil, one hundred $25 so maybe it will go back up. . blue one when? put a time on it. lauren: a supply issue. blue one fedex raising rates for packages. madison allworth, is this increase going to be on all shipping rates? >> all shipping offers will see an increase in the rate so they will be increasing in january. the rate will jump by 6. 9%. to put that in context, fedex lifted shipping rates by 5.9%, that was the first time in twee 8 years the increase had been above 4. 9%. 9%. you look at another sector, freight shipping expecting to increase to 7.9%. the company wants to make up losses. other ways they are trying to cut spending is by suspending sunday deliveries, closing some offices and grounding planes. the company says they expect to generate 2.2 $22.7 billion in 2023 by doing this and they are itching to turn things around as i mentioned. q1 earnings showed profits fell by 20% from a year earli

down another 3% today, $86.87 the energy sector, again, the underperformer today valero energy, schlumberger, down 4%. it's not just gold but it's copper as well and those copper prices taking a dip on the economic concerns down 6.5%. freeport oil, all things to watch, d >> helpful on the inflation front. thank you, dom a closer look at what is putting pressure on the markets today. we have team coverage all lined up live in beijing with new lockdowns on the manufacturing and supply chains. kristina partsinevelos here with me at cnbc hq with the fallout of u.s. esrestrictions on chip sales to china, and steve liesman with one of the most important jobs reports not a small city >> reporter: is not a small city at all 21 million residents have been ordered to stay at home for the next four days, masks and testing. it's unclear if the stay at home order will really end. intel says that its chengdu plant is in a closed loop system chengdu says other factories with make similar arrangements where workers live on site the chengdu is the latest of several series of covid curbs. the port city imposi

not saying it is not a stock pick just say, look at names like schlumberger could be a big new market them coming up, tech getting hit hard lately only nasdaq 100 stocks are higher in the past month and more than 60 are down more than 10% in just 30 days does that mean now is the time to pay some value? plus, the great divide over returning to the office. the bosses want it, you probably don't. why things are bound to get more messy for emoys d rks.pleeanwoer go. go smaller carbon footprint. go these footprints. go saving energy. emerson technology can help heat pumps replace fossil fuel heating for a cleaner, low carbon future. go blue skies go. go boldly. emerson. another busy day? of course - you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want - your team, ours or a mix of both. with the nation's largest ip converged network. from the most innovative company. bring

schlumberger, marathon, halliburton, mohawk, eog, all in the 2 to 3% range. we were mentioning chips a moment ago even though the price action has not reflected it, it's been a directionally positive week. news week for qualcomm, david, the news they're teaming up with meta to develop a custom chipset for virtual reality. that comes on the heels of the eu and obviously not going to appeal that case that was going to cost them almost $1 billion >> although they did get sued by a.r.m. earlier in the week they're always dealing with a certain amount of litigation at qualcomm, obviously very tired into wireless. as you point out, carl, the stock's performance this year has not been particularly bad, at least certainly well outperformed the broader market, being down less than 10% over the last month year to date, it's worse than that if we go back a full year, not as bad last three months has been much of that decline taking place >> you mentioned energy, one of the outperformers. leslie, banks also your area, benefiting it would seem at least from a response to

stuart: looking at the movers, starting with schlumberger.demand fall, saudi arabia cutting prices for customers in asia. stuart: i am not sure what they do. outperformed rating and they are going up 50%, they think the climate bill that just passed for them. stuart: i have been away for a couple weeks, long time since we mentioned peloton. lauren: they might be paying civil penalties, fees because the consumer product safety commission notified them they failed to meet obligations the way they recalled that so on top of all the problems civil penalties relating to prior recall. stuart: somebody will buy it sooner or later. we are 61 days from the midterms. martha mccallum will be on the show and i will get your take on the midterms. students suffered a significant learning loss from school shutdowns during the pandemic, some schools are returning to remote learning but not because of covid. why some districts are keeping kids out of the classroom. white house officials say everyone will likely need a booster shot every year. is covid being t