harris will oversee the crises at the border as we get a look inside one of the facilities i'm scott wapner in for shepard smith. this is the news on cnbc under mounting pressure for access, a white house delegation tours a facility for migrant children at the texas border >> being on this trip was abou transparency and accountability. >> our cameras are here. concerns spreading over the effectiveness of vaccines and fear of reinfection. effectiveness of >>> a week after dozens of tornadoes ripped through the deep south, the national weather service sounds the alarm of more to come. >>> the ship the size of a, thr global shipping already strained by the pandemic. >>> live from cnbc, the skyscraper runs aground in the suez canal, threatening global shipping already strained by the pandemic >>> live from cnbc, the facts, the truth, "the news with shepard smith. >> and good evening, we're getting our first look inside a facility for migrant children as the biden administration grapples with a surge at the southern border and unprecedented number of kids in u.s. custody the white house facing m

>>> happy friday, options action fans, i'm scott wapner in for melissa lee. we got a big show, here's what's on deck. >> will ups pick up where fedex left off pass the packing tape because professor co is ready to deliver for you. then, playing to win tony zang is laying out all his cards in the casino stock. and a look back and look ahead carter powers through the next leg of the energy trade. why idling could be the best thing for your profit engine right now. it's time to risk less and make more options action starts right now. >> let's get into it right now delivery stocks seeing big gains in the past year as online sales surge to record levels fedex posting big beat on earnings and another in the space ready to deliver big time for investors. the profess y50r kicks it off for us with your call to action. hey, mike? >> yeah so we're looking at ups. it's an interesting situation because we have s&p trading not far off it's all-time highs and epic valuations in a lot of spaces looking at ups this name is trading in a relative count to the market about 17.6

and said it's making changes >>> the dow down 3 points, the s&p down 21, nasdaq down 266 >>> i'm scott wapner, twitter and google back on the hot seat tomorrow on capitol hill, facing tough questions from congress about cracking down on dangerous misinformation on their platforms, comes after a new report found facebook stopped to spread the information of conspiracy filled movements leading up to the january 6th capitol riot ylan mui has more. >> scott, democrats are going to accuse the companies of not acting fast enough or aggressively enough to flag false and misleading information. republicans will say they've gone too far this isn't just about the violence on january 6th. this is about covid and the vaccine and about 201 and whether what we're seeing on social media is making us more polarized. the company's defense, they're working hard but they're playing whac-a-mole. facebook says it removed 12 million pieces of misinformation around covid and 150 million false claims surrounding the election and it tripled the number of people working in safety and security to 35,000, since 2016 now

spread callers make cost effective hedges >> that does it for us here on >>> good evening i'm scott wapnerd this is "on the edge." ♪ ♪ i'm on the edge of glory and i'm hanging on a moment of truth ♪ >> good to have you with us again. the billionaire boom, how the wealthiest cashed in during the pandemic and what that says about big tech spac attack has the blank check bonanza gone too far why bill dates is raining on the crypto craze we'll meet the digital artist taking the nft world by storm and taking on tesla, what safety

options action >>> happy friday, options action fans, i'm scott wapner in for melissa lee., here's what's on deck. >> will ups pick up where fedex left off pass the packing tape because professor co is ready to deliver for you. then, playing to win tony zang is laying out all his cards in the casino stock. and a look back and look ahead carter powers through the next leg of the energ

. >>> happy friday, "options action" fans i'm scott wapner in tonight for melissa lee. we have a big show lined up for you tonight. here is what is on deck. >> announcer: will u.p.s. pick up where fedex left off? pass the packing tape because professor carl is ready to deliver for you. then playing to wynn tony zing is laying out all his cards on the casino stock. and a look back and look ahead carter worth powers through the next leg of the energy trade why idling could actually be the best thing for your profit engine right now it's time to risk less and make more "options action" starts right now. >> let's get into it right now delivery stocks seeing big gains over the past year as online sales surged to record levels, posting a big beat this week, mike coe says another name in that space is ready to deliver big time for investors the professor, that's what they call him he kicks it off today. hey, mike. >> we're taking a look at u.p.s. this is an interesting situation. we have the s&p here trading not far off of its all-time highs. we're seeing some pretty epic valu

i'm melissa lee in today for scott wapner front and center this hour, the dow hitting new record highs before giving up its gains what is next for the tech trade? which value stocks still look cheap and will stimulus checks that are beginning to go out fuel more gains in the near-term? we'll debate all of that with our investment committee, joe terranova, tiffany mcgee, men shue with wilmington trust and kevin o'leary, chairman of o'shares etfs. an all-star pal today. let's get a check on the markets at this hour as we mentioned, the dow giving up an intraday record. we saw intraday records for the dow, the russell, as well as the transports, but of course faded as the morning progressed. the s&p 500 is coming off its best week since february 5th check out the ten-year know, w are just below 1.6%, 1.599%. steven weiss, i'll open it up with you how are stimulus checks going out, powell later this week how are you feeling about narcotics? >> i think bwe're in the digestive period rig now the markets had this great propensity to discount moves, once with a major knee-jerk move down we've

i'm in today for scott wapner. it's an important quarter with president biden's infrastructure plan in focus and a jobs report this week. >>> plus it's being called once in a decade margin call. we're all over this story. our investment committee today, shannon, chief investment officer at testify -- joe terranova and josh brown we have red arrows across the board, though just fractions of a percent of losses for the dow. the selling once again being focused on the nasdaq composite as well as the russell 2000, which is down 2% for the most we should note the russell is down 1.3% let's get to the committee josh, it looks like continuation of this trend, a questioning of value as well as small caps at this point 9. >> yeah, i guess i just, melissa -- so good to be on with you, by the way. i guess i just don't look at it as growth versus value i look at it as reopening versus not. i really feel that large pools of capital are investing thematically more so than investing on style you'll always have growth investors, v

i'm scott wapner with breaking news this hour the fed chair set to testify before the house financesq & a gets started in meantime let's bring in headline guest, eminence capital founder and ceo rickie sandler he was with us a year ago as stocks were plunging he was buying and today he is back with us on what he sees now in the markets welcome back it is good to see you. >> good to be here, scott. thanks for having me. >> you know, we've obviously come such

." >>> good evening i'm scott wapner jim cramer is off this week and this is "on the edge.y backlash from too much stimulus money to fears of people leaving for good what is the future of the american metropolis? is it a bubble that's about to pop and leave you holding the bag? the disney comeback, who deserves credit for the company's new found magic, the new ceo or hot shot hedg

i'm scott wapner front and center, the state of stocks the brutal week carl was talking about, the thirde nasdaq 100 you know it by now, many big names battered, but are there too many bargains now to ignore? that's the big question for our investment committee joining me, steve weiss, jon najarian, gilman hill asset management and degas wright from decatur capital. let's check the markets and i'll take you to the wall here we go again th

. >>> good evening i'm scott wapner jim cramer is off this week, and this is "on the edge." to hell and back one year since the pandemic began, how we found a path forward and what comes next as stocks hit more record highs ev overload as car makers race to electrify is there really enough demand to go around moss's moment. how the softbank sage became one of the world's great investors after nearly losing it all and why we didn't need sports after all. a ho

definitely are look who's in, joe kernen in the half >> welcome to the halftime report i'm in for scott wapner. a new week, a new month and a new rally. what's next for the trampled tech trade a lot of alliteration and for the reflation trade. your next money move with our investment committee, consisting of joe shannon, chief investment officer at boston private wealth and last but not least, kevin o'leary. the dow and s&p having the biggest gains of the year. the nasdaq having the biggest gain since february 1st. the dow up over 600 points nasdaq, sharply higher up. 340. russell up almost 3% there you can see the 10 year note now it has backed off lower and we'll talk about that in just a second but first, interest of disclosure, like the weekend at the super bowl, i'm not being paid for this appearance on the halftime report. o'leary, i know you don't do anything without getting paid but little did i know, you want to get paid in bitcoin i've got to hear from tyler winklevoss this is no longer a nothing burger let me start with steven weisz there it is. mr. wonderful. a nothing burger two w

definitely are look who's in, joe kernen in the half >> welcome to the halftime report i'm in for scott wapnerreflation trade. your next money move with our investment committee, consisting of joe shannon, chief investment officer at boston private wealth and last but not least, kevin o'leary. the dow and s&p having the biggest gains of the year. the nasd

scott wapner the dow, s&p, russell all hitting record intraday highs today, so where will your moneyvestment committee debating that one. joining me jim lebenthal and josh brown's here and so is jon najarian and ron sechin. and i told you about the new intraday high yields across the board and that means stocks all across the board in the green. look at the nasdaq almost

i'm scott wapner and the boom trade as the economy roars back in the month ahead our investment committee for the hour, stephanie link, joe terranova, pete najarian and the principal of odyssey capital advisers and show you where we stand at noon, nasdaq negative. yep, techs down again, all of the way on the right bonds are down and rates are up. rates are up and tech goes down. guys, what

. >>> i'm scott wapner jim cramer is off this week.>> good to have you with us. tonight's top picks, big bang theory why so many ceos are oozing of t -- of ptimism tonight but what about the side effects from the stimulus the gamestop to the reddit craze, casinos, is all of this getting out of hand? the bumble buzz. the young entrepreneur and miami nice is th

when it comes to the espresso line as well we're seeing more than ever in our past >> kevin it's scott wapnerthings for you. i would like to talk to you about how you got through the pandemic and what you think comes next what i would like to you do is listen to a sound bite from one of my investment committee members, a devoted shareholder of yours who talked about that and we can react to it on the other side here's josh brown from a conversation we had yesterday. >> what starbucks did in response to the pandemic was not close a whole bunch of stores and hope for the best. they literally retooled their entire business around this idea that we would come out of the pandemic, but some aspects of consumer behavior would never be the same again starbucks had the financial wherewithal to do what they've done and now that's going to start paying dividends >> josh went on the say it's more about walk up windows and drive-throughs i'm wondering can you react to what he said about how you're thinking about that in future? >> yeah. certainly, scott this last year was an unprecedented year and as we w

i'm in today for scott wapner.r with president biden's infrastructure plan in focus and a jobs report this week. >>> plus it's being called once in a decade margin call. we're all over this story. our investment committee today, shannon, chief investment officer at testify -- joe terranova and josh brown we have red arrows across the

i'm scott wapner front and center this hour, are we setting up for a great stock shapout?er way. we will debate money's next move joining me, tiffany magee is cio at pivotal advisers. let's go to the wall, show you what stocks are doing. they've been down across the board. russell is getting a bit of a lift but you see the dow is down 29, well off its lows, as has the nasdaq the ten-year note yield at 161, so rates have been falling, though tech is not reall

i'm scott wapner in for shepherd smith. this is the news on cnbc under mounting pressure for access, a white house delegation tours a facility for children at the border >> being on this trip was about trance parent is he and accountability >> and our cameras are there the new york variant growing, fear of reinfection. >> oh! look at that >> a week after dozens of tornados ripped through the deep south, the national weather service sounds the alarm of more to come. >>> plus, a ship the side of a skyscraper runs aground in the suez canal, threatening global shipping already strained by the pandemic >>> live from cnbc, the facts. the truth. the news with shepherd smith >> and good evening. we're getting our first look inside a facility for migrant children, as the biden administration grapples with a surge at the southern border and an unprecedented number of kids in u.s. custody. the white house facing mounting pressure now from republicans and democrats to be transparent and give the media access after reports of overcrowdi

apple, spotify, and other podcasting apps, and tonight, tune into cnbc's "on the edge," hosted by scott wapnere big play players and big news in the world of big business. dow futures up big, 100. nasdaq futures up 200. we're back after this. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. >>> welcome back to "worldwide exchange," it's thursday, march 11th here is a look at what is ahead today. the european central bank is holding a policy meeting with a rate decision due around 7:45 a.m. eastern ecb president christine lagarde will hold a news conference at 8:30 eastern back here in the u.s., two key economic reports, weekly jobless claims a number of first time filers expected to drop from the previous week

. >> karen >> apple, i don't think the bottom >>> good evening i'm scott wapner, jim cramer is off sol week long we'll bring fierce debates on the most provocative questions of the day, some of the most controversial characters finding the sharp pointy corners of the business world. this is "on the edge." ♪ ♪ >>> it is good to have you with us on this monday night. our top takes tonight, should

scott wapner the dow, s&p, russell all hitting record intraday highs today, so where will your money work best from here? our investment committee debating that one. joining me jim lebenthal and josh brown's here and so is jon najarian and ron sechin. and i told you about the new intraday high yields across the board and that means stocks all across the board in the green. look at the nasdaq almost 2.5% and pharma jim, you have a nice thing going on today. >> you do, and i think i'm going to stay consistent with the theme i've been on for the last month or so which is to divide the market into three sections and two of which i find viable right now and the two i don't. the value sick locyclicals and should expect financials, materials and do well. the second, growth at a reasonable price and this is large-cap tech and you have facebook at 19 times earnings and google, and alphabet at 25 times earnings and those are all attractive for where the growth rates are. >> finally, you have hypergrowth stocks >> hold your thought for a second it's not just you saying it. it's rob sechin doing

i'm scott wapner one big-name investor says more gains are ahead for stocks joining me for the hour,y for black rock's global strategy team take you to the wall and show you where it stands in the east. dow is good for 276. yields down for third straight day. there's the ten-year note yield, 164. steve weiss, is that still the most important thing we have t

i'm scott wapner what might come next with your money.im leventhal. i will take you to the wall to see where stocks are currently trading. we are holding on to nice gains across the board and interest rates slipped a littlebit. the yield on the ten-year note down to 163. that's a few basis points lower than it was earlie

saying how can we grow our business, grow profitably and create value for our shareholders >> it's scott wapnerk you so much for being here and on that note and let's pick up on what mr. duskin and his group have asked for he said nine direct ors. are you not willing to give any? they are the largest shareholder outside of the index fund. do they deserve representation >> what i would say to that, scott, we engage with shareholders all of the time we have engaged with constructive dialogue with these investors and our goal would be to get to some common ground their answer to that was last week to launch a public proxy fight and nominate nine directors and a controlled slate and that's not something we're supportive of. our board has been supportive of all of the strategies that i've been talking to you about, the investments and we're undertaking a massive transformation for kohl's and we will benefit from all of the disruption out there, grow our market share and ultimately be a very successful retailer in the years to come. >> so as of today you're not willing to give on any of the directors

i'm scott wapner the diverging dow while the rate-sensitive nasdaq gets slammed again.oday and he has a new target for the s&p 500 to reveal we'll debate that with the committee. joining me now isjanet sack ochia, and jim lebenthal broken record and the dow sets another new high today, so did the russell. big story

. >> i'm melissa lee in for scott wapner rising rates up again but not alone.er to correction territory, on track to break a five-month winning streak what is working in the market. jenny harrington ceo and portfolio manager. jim lebenthal, josh and pete gentleman theiran. let's check where the markets stand at this hour we have three major averages down, the russell 2000 the rea

i'm scott wapner front and center, the state of stocks the brutal week carl was talking about, the third bad one in a row for the nasdaq and the nasdaq 100 you know it by now, many big names battered, but are there too many bargains now to ignore? that's the big question for our investment committee joining me, steve weiss, jon najarian, gilman hill asset management and degas wright from decatur capital. let's check the markets and i'll take you to the wall here we go again the nasdaq down 154. 1.25%. s&p positive, ten-year negative and the ten-year note yield 156.50 i'm looking at stocks like moderna, weiss ones you've been talking about on this show forever it's down 20 pierce week to date people listen to you guys and you may follow you into the stocks we talk about you than they do on occasion what do you tell them now? what should they do? >> let's talk about moderna specifically so if you take a look at the xpi, the etf, that's down dramatically as well it's not just moderna and the whole growth complex extended into technology. moderna to me is still one of the cheapest stocks i o

i'm scott wapner and the boom trade as the economy roars back in the month ahead our investment committee debating the road ahead today. with me for the hour, stephanie link, joe terranova, pete najarian and the principal of odyssey capital advisers and show you where we stand at noon, nasdaq negative. yep, techs down again, all of the way on the right bonds are down and rates are up. rates are up and tech goes down. guys, what i'm trying to beat at here and what is the best way to be positioned in you agree that we'll have a boom. pete, i'm going to you because your moves today are many, to say the least, even for you. even for you buying calls and it's all over the premise of what i'm talking about here you're buying calls in carnival and ford and gm and bristol-myers, in boeing which carl was just talking about. the stock's up a lot and not that long a period of time, either delta air lines, among others. talk to me yeah, well, you know, scott, it's just the direction where a lot of the activity we follow and what we're seeing here is the tech sell-off and what we are seeing as the rat

. >> hi, scott wapner! i'm irene from new jersey.y, but what do you think about at&t i think they're a long-term strong hold to collect that dividend >> all right, sarat, i'm giving that to you. >> i think this is a classic value play it's a de-leveraging story they're paying off their debt and using financial discipline and putting money into hbo max i agree they'll keep it for the dividend and get multiple expansion and get double-digit returns for the next couple of years. >> thank you for that. we have a bounceback for the nasdaq today and the key levels the futures graders are watching and they'll tell you next and listen to us live on the gono the cnbc app we'll be right back. it all starts with an invitation... ...to experience lexus. the invitation to lexus sales event. get 0% apr financing on the 2021 rx 350. - welcome to three abrothers bakery.ler. - we have cinnamon, apricot, and raspberry. - we have a location that has experienced four floods, a fire, a hurricane, and obviously now we're in the pandemic. this is during hu

. >> i'm melissa lee in for scott wapner rising rates up again but not alone. the reopening floundering, small caps getting closer to correction territory, on track to break a five-month winning streak what is working in the market. jenny harrington ceo and portfolio manager. jim lebenthal, josh and pete gentleman theiran. let's check where the markets stand at this hour we have three major averages down, the russell 2000 the real standout, up 1%, more than reversing the declines we saw yesterday of almost 3% yesterday. the story squarely on the ten-year yield, 1.7722%. pete najarian, i will go to you. should we be worried about rising rates >> i think it really does, for me at least, it really comes down to what sort of a pace are we looking at these rising rates. i think kaquite honestly, we had that big burst, we feel like we're pausing. if we get another burst, i think people will be -- you know, to some degree have a little fear in their hearts. but if it is slow and steady, i think people will be able to embrace this for now so it has been a nice run to t

i'm scott wapner what might come next with your money. we have degas wright the chief investment officer jim leventhal. i will take you to the wall to see where stocks are currently trading. we are holding on to nice gains across the board and interest rates slipped a littlebit. the yield on the ten-year note down to 163. that's a few basis points lower than it was earlier today. that is certainly helping probably stocks overall, but certainly the nasdaq trade steve weiss, what after this week are you now watching more than anything else is it all still about rates? >> it is all still about rates, absolutely it is going to be the rate of change of rates. so i'm watching inflation. i'm watching, you know, general economic news, more important than they've ever been but i believe the market ultimately would expand to 3%, as long as we don't get there next week, get to 2.5% next week, i'm looking for 2% over the next month or two, think we will be fine the market -- you know, news flows comoditizes how it used to be maybe you get it, get it

i'm scott wapner one big-name investor says more gains are ahead for stocks joining me for the hour, john najarian is here kate moore, the head of theme attic strategy for black rock's global strategy team take you to the wall and show you where it stands in the east. dow is good for 276. yields down for third straight day. there's the ten-year note yield, 164. steve weiss, is that still the most important thing we have to worry about, where yields are going? well, he is frozen joe terranova, i will ask you that question. what great way to start. >> yeah. in terms of freezing, you are coming to me, but, yeah, yields were -- >> yes. >> -- the single-most important for the market, has been yields for the last few weeks, scott. i think there's been a pivot and an uncomfortable pivot towards now oil. seems to be leading the market obviously yesterday the deterioration in oil reflecting the concerns as it relates to covid surges in india and europe that led equities lower. today you are seeing oil pricing higher, so that's kind of giving some support to equities so for me overall, i had b

i'm scott wapner with breaking news this hour the fed chair set to testify before the house financesmittee. we will go there once the q & a gets started in meantime let's bring in headline guest, eminence capital founder and ceo rickie sandler he was with us a year ago as stocks were plunging he was buying and today he is back with us on what he sees now in the markets welcome back it is good to see you. >> good to be here, scott. thanks for having me. >> you know, we've obviously come such a long way since the dark days when we spoke in march of 2020. what is your view today of the market >> well, from a high level we're still constructive on the markets. clearly not as bullish as we were a year ago. i tend to like to be a little more contrarian than today where i think many people are more optimistic i think that the best opportunities happen in times of big dislocation, which we're not seeing today but having said that, since a year ago the government's done a lot more than i even expected then, even though we expected them to do a lot the fed is on your side. i think from a timin

i'm scott wapner the diverging dow while the rate-sensitive nasdaq gets slammed again. what does it mean for your money? we'll ask tom lee and he'll be joining us today and he has a new target for the s&p 500 to reveal we'll debate that with the committee. joining me now isjanet sack ochia, and jim lebenthal broken record and the dow sets another new high today, so did the russell. big story continues to be all of the way on the right-hand side of the screen. look at the yield on the ten-year note. 161, almost 162. it is up 6% today, and that's helping drive nasdaq down again because of those high growth and momentum stocks don't like higher rates and that's just the facts. janet sacoccia, the trend is with the dow and rates higher, nasdaq lower this is where we're at >> and we will continue to oscillate here over the course of the next month or so. as long as there's continuing pressure on upward grade pressure which by the way is great, right we want to see strong economic growth a growth and we want to see modestly higher inflation and we need to see earnings expecta

i'm scott wapner front and center this hour, are we setting up for a great stock shapout? why it may be under way. we will debate money's next move joining me, tiffany magee is cio at pivotal advisers. let's go to the wall, show you what stocks are doing. they've been down across the board. russell is getting a bit of a lift but you see the dow is down 29, well off its lows, as has the nasdaq the ten-year note yield at 161, so rates have been falling, though tech is not really working. the reflation trade, not working. we should show you the vix because the vix spiked above 10% today. that's come off, too pete, really, the question is are we in the early to mid stages of some kind of shakeout in the market? well, pete's audio is not working, two days in a row that's really great. all right. josh brown, i have to turn my attention to you and what we're calling five signs of trouble. it is what i want to talk about. >> it sounds like you're not happy about it. >> what's that >> have to turn your attention to >> well, i mean yesterday joe was frozen off the top now today pete

welcome to "squawk on the street," i'm scott wapner with jim cramer, carl and david have the morning off. let's take a look at friday futures this morning s&p and dow will open higher, the dow by more than 130 points, the nasdaq well, rates are up so the nasdaq pre-market looks like it's going to be lower our road map today starting with the reopening trade, economic recovery play, rising pre-market and a renewed focus on retail traders as shares of gamestop continue to roar back, is a broader market shakeout under way? plus, canal chaos. how the suez canal blockage is delaying an estimated $400 million an hour in goods and transportation secretary pete buttigieg joins us first on cnbc calling for greater investment in infrastructure, we'll see him a little bit later, looking very much forward to that. jim, let's kick it off, right? you got the futures mostly higher nasdaq's lower it's been yields yet again because the 10-year is rising this morning. >> absolutely. i mean look this is now cut and dry. oil goes up. rates go up. let's not forget the change in the bank rules will make i

welcome to "squawk on the street," i'm scott wapner with jim cramer, carl and david have the morninge nasdaq well, rates are up so the nasdaq pre-market looks like it's going to be lower our road map today starting with the reopening trade, economic recovery play, rising pre-market and a renewed focus on retail traders as shares of gamestop continue to roar back, i

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