seema: it's a really good question. i think the currency story is becoming a little more complicated than anyone was anticipating at the beginning of the year. just to give you a bit of color on that, we came into this year with a consensus view being that it would be a weak dollar year, and in fact, the exact opposite has happened. more and more we are having to look at cross currency bases. against the euro, with the u.s. dollar is come to be strengthening. against some parts of emerging markets, we see the dollar weakening. the commodity currencies are expect it to be weakening, so we have to be really careful how you want to offset that because it is not just a single trade that may it began the year as. guy: always a pleasure. thanks for your time. up next, when can we reopen the north atlantic routes? we will discuss the push to get that corridor open with virgin atlantic ceo shai weiss. he's going to be joining us next. this is bloomberg. ♪ alix: air france klm is getting a $4.7 billion french rescue. the french

seema mody joins us with the details. hey, seema. >> hey, melissa. a massive sales team to poach airbnb's super hosts. highly valuable homeowners who have proven to be a cut above the rest with good ratings, reviews, minimal cancellations and a higher occupancy rate. that's why expedia has been targeting them through direct marketing and social media expedia ran a pilot program on 1600 vrbo homeowners who joined from competing sites and their bookings have risen on average by 25% this follows airbnb's stellar performance in the public market and that's prompted its competitors like expedia and booking to get more aggressive, especially considering the fact that the latest vacation rental data shows that demand remains very strong going into the summer mel. >> seema, this sort of assumes that the demand for homes as opposed to hotels will remain strong even after the reopening. >> here's the thing. the travel recovery is going to be so strong that at least according to preliminary data that we're receiving from expedia, booking, air dna which tracks a

is the chief strategist at global investors pgi, seema, thank you for joining us here.do we have going on in terms of your thoughts is this earnings season going to be enough fundamentally to care this rally into the next few months >> hi, dom, yes, we doll believe that the earning expectations are improving in line with economic recovery we're seeing economic data coming through showing a much better than expected q1 growth, not just in the u.s., but actually across the world. really, the earnings season for q1 where you prop up a good base under the market and start to justify some of the really extended valuations that we've been looking at. >> so, when experts like yourself, you know, they look at the numbers, they model things out, try to forecast what's happening, they put valuations on these at what point, seema, give us incite on the process, at what point do you say to yourself how much has been priced in? we know that these financials and companies have rallied tremendously over the last six months how much optimism is already baked in there and we know the ex

for 16 years, seema's life has been turned upside down. stealing, the accounts at the post office she ran. the trouble began when a computer system installed by the post office said money was missing from the tills. every evening, we do balancing, which is nothing new because we do balancing in the shop as well. so every evening, when we ran that report, the computer would tell us how much money we should have, and then we check how much money we have in the till, and that never balanced. initially, seema reported the issues to her boss, but the shortfalls continued, until a post office audit claimed £74,000 was missing. to make up the gap, seema added money from her own savings and borrowed from family and friends. only later did it emerge that the computer system was faulty — after seema had been convicted. and of course, when you were sent to prison, you were pregnant. when i went into labour, i was wearing a tag. so i was thinking, oh, my god! what could the midwife be thinking, what kind of mother i am? lucky i was pregnant, or i woul

clare: our reporter seema goop upta sent us this report.eema: italy was the first country to be hit by the full force of the pandemic and has lost more than 109,000 lives due to covid 19. it continues to see daily death tolls in the hundreds. people here are frustrated to find themselves in the same situation yet again. the one difference is the vaccine, but the rollout has been too slow. the hope is that things will pick up in the days and weeks to come, as the authorities have said so. clare: at easter, the jerusalem all-city is usually packed with visitors from around the world. this year, churches are mostly welcoming local children -- local christians who at least can take part in some services. reporter: every step in the preparation of these cooki for easter is well rehearsed. family and friends are being hosted at this home in east jerusalem, after a veer -- after a year of restriction, it feels more special. everyone here is vaccinated. it makes the tradition of a suite made of semolina and walnuts. >> the family is happy to be tog

cnbc's seema mody tracking a global shortage.y tracking a global seema? what do we do?ll good, shep, this shortage could not come at a worse time, just as the economy's reopening, president biden unveiling an infrastructure deal. there are a handful of companies that can get their hands on the raw materials they need. >> the busiest machine we have. >> reporter: through four decades of business, plastics has weathered its share of crises. >> the blizzard of '77, oil embargoes in the 1970s, the great recession and covid. >> reporter: but nothing like the current plastic shortage, which forced the buffalo new york manufacturer of pool and recreational products to declare a force majeure. >> an act of god causing us to not be able to follow through on delivery pricing. >> reporter: that act was winter storm yuri which knocked out power in texas, the world's largest chemical plastic producer at the peak, 80% of the state's output was offline, doing more damage to the supply chain for plastic than hurricanes katrina or harvey. >> a lot of the petrochemical facilities that we

out a vaccine passport system as a way for people to prove they have protection from covid cnbc's seemaur. hi, seema. >> hey, shep the cdc says now fully vaccinated americans can travel in the u.s., no quarantine or covid test needed. but for those hoping to head abroad, the rules do vary. brazil and ireland are among the countries open to u.s. 70 countries fully open to travelers. a handful of european countries reliant on tourism, including iceland and croatia have started opening up to travelers, but a lot of europe is still off limits france, italy, spain in lockdown as they battle their third covid wave most travelers say they're willing to do whatever it takes to be able to travel a new booking.com survey shows 65% would provide a negative covid test, 57% don't mind showing proof of vaccination and 51% would download a contract tracing app. while the eu has already rolled out a digital health certificate for vaccinated citizens to travel across borders, the u.s. has yet to detail its plans. the idea of a vaccine passport has received pushback from the likes of florida governor des

cnbc's seema mody on the bottom of the hour.bout actual voting laws >> reporter: shep, here in atlanta, we found mixed opinions but expressing frustration saying the new law does restrict voting >> it's been very discouraging, man, especially after we did all that we did with the past elections and everything like that >> i think it's awful, i think it's a black eye for the state i think the only reason they did it was to get people not to vote it's specific in terms of trying to disenfranchise. i just don't understand why america doesn't want everybody voting. >> to be honest, it seems like another set of jim crow thing. not to be there. but to limit the people's voice, i don't think it's right >> reporter: others were in favor of this law, shep, or said that boycotts do not work. mean time, senators here in georgia saying both boycotts could hurt the economy this as civil rights leaders, activists and politics are asking for a national boycott of companies that are taking a stand against georgia's voting law. that set to go in

we heard joe's - story and also wendy and seema.eal question to answer for— belief. people have real question to answer for the lives that have been ruined. _ answer for the lives that have been ruined. it _ answer for the lives that have been ruined. it is— answer for the lives that have been ruined. it is yet the government have _ ruined. it is yet the government have said — ruined. it is yet the government have said on the record because it happened — have said on the record because it happened such a long time ago, and because _ happened such a long time ago, and because so— happened such a long time ago, and because so many people were involved. _ because so many people were involved, it's not minded to take any action— involved, it's not minded to take any action in order to find anybody responsible. and any action in order to find anybody responsible-— any action in order to find anybody res-onsible. . w ..i , , ., responsible. and nick, maybe explain our responsible. and nick, maybe explain your involvement _ responsible. an

cnbc's seema mody on the top story, covering the dueling boycotts from atlanta tonight. talking about georgia's voting law what are you hearing from the actual voters there? >> reporter: shep, here in atlanta, we found mixed opinions, but many expressing a sense of frustration, saying the new law does restrict voting >> it's been very discouraging, you know i mean especially, you know, after we did all we did, you know, with the past elections and everything like that. >> i think it's awful. i think it's a black eye for the state. i think that the only reason they did it was to get people not to vote. it's specific in terms of who it's trying to disinfranchise. >> to be honest, it really sounds like it's another set of jim crow, not to be like that, but to limit the people's voice. i don't think that's right >> reporter: others were in favor of this law, shep, or said that boycotts do not work. meantime, democrats here in georgia including both senators say boycotts will hurt georgia's economy that is still reeling from the effect of the pandemic. this has civil rights l

. >>> welcome back the nasdaq is down 1.25% let's get to seema for "trading nation >>> this is the firstng stock to report and do set the tone for the rest of the names mark tepper, and gina sanchez are with us. we know the pace of new subscribers is expected to slow. i guess the question is be how much and how the stock could react. >> the expectation is it could slow to about 20%, that would be the slower quarters in eight quarters, but that's already baked into the stocks. i think their big bet on orange is paying offer, and that's one of the reasons they will continue to add to subscribers while subscriber exhaustion is starting to get high, and you're seeing cancellations of folks who don't want to maintain multiple accounts. >> mark, there's competition, i know you own shares of netflix, but there someone thing that reed hasting could say something that would make you less inclined. >> if churn is higher than expected, that would make me less inclined. when you look at netflix, it comes down to subs added, churn and free cash flow the one thing that drives all three of those metric

i'm tyler matheson seema mody joins us for the hour in a moment. stocks are soaring all-time high just the dow, s&p records after a blowout jobs report last week. and strong economic data today pointing to a rebrown in america's economy. >>> plus treasury secretary yellen calling for a global minimum tax on all corporations. how likely is it what does it mean for u.s. companies. >>> virgin joinlgs, a cruise line calling on the cdc to let us sail with fully vaccinated crews and passengers the ceo joins us as "power lunch" starts right now. >>> welcome to "power lunch. two hours left to trade and we begin with the markets at record high just the economy's recovering the fed on the side. hardly get better for the stock just let's get to mike santelli. when everything looks so good could that be at peak? >> at least time to start asking the question whether things can improve from here or whether everything is priced we thing to be on alert for is when the market stops responding positively to good news. this is a two-year chart of the s&p 500. you see

the impact is widespread here is cnbc's seema modi. >> general mills, higher raw materials. >> we seeclark is raising prices of kleenex and tissue it will be up to the retailer to pass on the cost to consumers. >> what consumers should be doing is comparing prices. it is not about hording prices prices are going to go up over the next 12 to 18 months >> the u.s. economy gearing up for a big rebound. consumer spending at restaurants and hotel, that could hold people back. >> if your cost of living rises faster than your wages, you will be slowing down the rate of your spending >> the problem is you can't not buy toilet paper, these are essential items every house needs. they're expected to be effective than most. >> seema thank you. >>> learning during the pandemic had taken a hit, millions of kids struggling with remote learning now people who are pitching in, who having not been inside a classroom for years, hoping that old lessons can be made new again. >> some of them pretty recognizable ♪ >> some can make a break or program. >> because of the streaming content, some of those songs

is threatening to create a shortage of rubber, sending the cost of all that stuff sky high cnbc's seemaown backyard >> it's been estimated 50,000 different products have it there's no sector of the american economy that isn't depend upon natural rubber >> reporter: 90% of the world's production comes from trees in southeast asia where recent flooding and a leaf eating fungus caused a drop in supply at the same time, the need for rubber is rising >> the covid pandemic has greatly increased the demand for gloves, for protective gloves and ppe, personal protective equipment. that requires another million tons of latex. >> reporter: shipping delays caused by the suez canal blockage means longer lead times and higher costs for companies >> our shipping rates have quadrupled out of southeast asia to the united states over the course of the last 15 months >> reporter: which can ultimately trickle down to consumers. >> anybody who has gone out to buy a set of tires recently understands that this is going to hit us all. >> reporter: reliance on foreign sources is empowering creative collusion. d

the shortage is expected to continue through next year >> seema, chlorine might not be the only thingthe problem with the pump, not about the supply of gatt, but getting the gas to the stations. >>> the russian opposition leader alexei navalny in court, his first appearance since ending the hunger strike, still openly criticizing vladimir putin. >>> the family of george floyd on capitol hill today, along with a bipartisa ♪ and i will lend a hand to you ♪ ♪ would you lend a hand to me? ♪ ♪ everybody ♪ ♪ deserves to be free ♪ ♪ ♪ ♪ ♪ ♪ you get a call from a friend ♪ ♪ to remind you ♪ ♪ that you're not alone ♪ ♪ and you know deep down inside ♪ ♪ it's gonna be all right ♪ ♪ all right ♪ not everybody wants the same thing. that's why i go with liberty mutual — they customize my car insurance so i only pay for what i need. 'cause i do things a little differently. hey, i'll take one, please! wait, this isn't a hot-dog stand? no, can't you see the sign? wet. teddy. bears. get ya' wet teddy bears! one-hundred percent wet, guaranteed! or the next one is on me! only pay for what you need. ♪ liber

seema| forjoining us in bbc news. people here today that can't be here. many lost their lives and their family here. many lost their lives and theirfamily are here representing them, as their names, have finally been cleared.— them, as their names, have finally been cleared. thank you very much, frankie mccamley _ been cleared. thank you very much, frankie mccamley at _ been cleared. thank you very much, frankie mccamley at the _ been cleared. thank you very much, frankie mccamley at the royal- been cleared. thank you very much, i frankie mccamley at the royal courts ofjustice. the panellist has just been tweeting about this in the last minute or so. he says, i welcome the court of appeal�*s decision to overturn the convictions of 39 former sub—postmaster is in the horizon dispute. an appalling justice, he says, which has had a devastating impact on these families for years. lesson should and will be lent to ensure this never happens again. but as we heard there, some of those appellants are saying they will be seekin

the shortage is expected to continue through next year >> seema, chlorine might not be the only thing>> ahead in the news, the problem with the pump, not about the supply of gatt, but getting the gas to the stations. >>> the russian opposition leader alexei navalny in court, his first appearance since ending the hunger strike, still openly criticizing vladimir putin. >>> the family of george floyd on capitol hill today, along with a bipartisan group of lawmakers -- to meet the president's deadline on a police reform bill. finding new routes to reach your customers, and new ways for them to reach you... is what business is all about. it's what the united states postal service has always been about. so as your business changes, we're changing with it. with e-commerce that runs at the speed of now. next day and two-day shipping nationwide. same day shipping across town. returns right from the doorstep, and deliveries seven days a week. it's a whole new world out there. let's not keep it waiting. how great is it that we get to tell everybody how liberty mutual customizes your car insuranc

campaigns to. >> to watch the rest of this program visit our website, booktv.org and look for trends and seema yasmin. >> we heard the news that martha mccallum, the talented anchor at fox news was possiblywriting a book . that fact caught our eyes because we are always on the lookout for authors on important new books can join us for our speaker series at the library needless to say we were really when we learned thatit was true . martha was in the thick of writing what was certain to be a best-selling book.

entonces mario deja de responder poco despuÉs otros oficiales preguntan seema si, mario tiene pulso,ambiÉn fallaron en agregar que un oficial de policÍa habÍa estado arrodillado sobre Él. >>> lo sofocaron, hicieron que muriera, la policÍa se pronuncio luego que se revelÓ el video, dice los oficiales respondieron al reporte. por eso llegaron al parque. esto ocurriÓ el 19 de abril en el video se ve que mario responde y habla con calma con los oficiales. >>> nunca los agrediÓ, mi hijo fue cortÉz. >>> tres oficiales involucrados estÁn en baja administrativa pagada, se investiga el caso. mario tenÍa 26 aÑos, enero hijo de 4 aÑos y su familia un dice cuidaba de su hermano. >>> cayÓ y ellos cayeron arriba de Él. >>> (hablan en inglÉs). por su parte el jefe de policÍa, dice que en el video dos de sus oficiales tienen una conversaciÓn intentando no poner presiÓn sobre gonzÁlez, pero aunque practicaron rcp en la cenas era demasiado tarde para mario gonzÁlez. libertad pedraza noticiero telemundo 48. >>> nosotros seguimos de cerca este caso, a las 12 con 12 te quiero preguntar quÉ opina de la fo

the shortage is expected to continue through next year >> seema, chlorine might not be the only thingn the news, the problem with the pump, not about the supply of gatt, but getting the gas to the stations. >>> the russian opposition leader alexei navalny in court, his first appearance since ending the hunger strike, still openly criticizing vladimir putin. >>> the family of george floyd on capitol hill today, along on capitol hill today, along with a bipartisa i'm ordering some burritos! oh, nice. burritos?! get a freshly made footlong from subway® instead. with crisp veggies on freshly baked bread. just order in the app! ditch the burgers! choose better, be better. subway®. eat fresh. ♪ ♪ strip away what you don't want, like added sugars and preservatives, and what's left is the good stuff. the real fruit and vegetable juices of naked. strip down to naked. finding new routes to reach your customers, and new ways for them to reach you... is what business is all about. it's what the united states postal service has always been about. so as your business changes, we're changing with it

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cnbc's seema mody reports from both cities tonight. >> reporter: in atlanta's midtown district, nearfigure out how they'll make up for the loss of the all-star game >> anytime thousands and hundreds of thousands of people swarm into the city, that certainly trickles itself down into our tiny little neighborhood and we see the economic benefits of that. >> reporter: georgia state representative mischa mayner says it's not just nightclubs and restaurants that will suffer, but resident who is rent out their homes to baseball fans, too. >> when you're talking about people who can't pay their mortgage, a lot of people were putting their homes up for short-term rentals if they can rent their home for $400 a night and when you take that into a whole week, that's $3,000 that they just didn't have before >> reporter: while mayner says the new voting law restricts access for people of color, she says the economic impact of decisions like the mlb's will hit hard, too. georgia's governor kemp continues to defend the election law he signed, saying it does not disenfranchise voters and that organi

seema jaswal is at the crucible.world number onejudd trump has made it through to the quarterfinals, rendering for micro sentries along the way. he looked in good form. sentries along the way. he looked in aood form. , , , ,, good form. yes, very impressive. once at some _ good form. yes, very impressive. once at some closer— good form. yes, very impressive. once at some closer frames - good form. yes, very impressive. once at some closer frames and l good form. yes, very impressive. | once at some closer frames and it changed the whole dynamics of the match, but he looks very good at the moment. —— won some close friends. and there are still some games to go. he has not been at his best so far, he was looking forward to getting into the tournament and feels like it comes lives in the quarter and semi is and it is all about, so watch this space. two matches tonight, mark selby against mark allen, selby is looking back to his best. he mark allen, selby is looking back to his best. ., , , mark allen, selby is looking b

are now just outside a shallow temple is standing by for us our correspondence stefan that seema stefan a very very sad occasion. yes he writes just 2 days ago there was say uplifting moment of joy. joya and satisfaction here in town and. now we're back to this a day of mourning our family and friends and. dignitaries are still arriving here at the shallow temple you see in the background here lots of press from all over the country as well as all over the world trying to. give this again the significance is deserved because again just 2 days after the verdict against children for murdering george floyd now another funeral of a black young man another funeral of a black young man somewhat sums are stefan what does this moment signify put this in perspective for us you know how people feeling around you. despite being sad today and marking this moment in mourning they are quite aware and and willing to to say to everybody who wants to hear who everybody who wants to listen to them here and around the world that this is just the beginning of their struggle they will not stop fighting for.

hey, seema. >> that's right, fully vaccinated americans can travel freely in the u.s.0 countries including brazil and ireland are fully open to u.s. travellers and tourists a lot still off limits, france, italy, spain and lock down as they battle their third covid wave a handful of european countries reliant on tourism including iceland and croatia have started opening up to travelers. no testing or quarantine required you'll need to take a negative test prior to your flight back to the u.s., however you won't have to self-isolate upon reentry unless your state requires you to do so. what is less clear is how the latest travel guidelines will be enforced the eu has rolled out a digital health certificate for vaccinated citizens to travel across borders the u.s. has yet to detail its plans. vaccine passport has received push back from the likes of governor desantis in florida experts say in the meantime, carry your cdc issued vaccine card cruise lines hope by requiring crews and passengers to be vaccinated, they too can get the cdc support. regent cruise line sending a

. >> to watch the rest of this program visit our website, booktv.org and look for trends and seema yasmin. >> we heard the news that martha mccallum, the talented anchor at fox news was possiblywriting a book . that fact caught our eyes because we are always on the lookout for authors on important new books can join us for our speaker series at the library needless to say we were really when we learned thatit was true . martha was in the thick of writing what was certain to be a best-selling book. one that was about the heroism of american soldiers during the battle of iwo jima . then fortune smiled on us. martha agreed to join us at the reagan library to discuss her book. of course, at the time we booked martha to come almost exactly a year ago, little did we know that just a few days before she was, the coronavirus pandemic was going to strike and in the wake of the e pandemic, we were forced to close the reagan library and cancel all of our events including our visit with martha. i'm not exaggerating when i say we had to disappoint over 1000 people who were eager to come to the reagan

seema! 0xygen mask..... ..treating as many as they can. "people say, "sister, please save our loved one." they call us god. that makes us so emotional because we can only do so much." with resources so short, they're having to choose who they might save — decisions they should never have had to make. "at times we break down. some nights i wake up crying. but i also feel a sense of satisfaction that i'm doing something to help." this is a hospital in a big city, and out of reach for most indians. the situation at this point is so difficult that all the people who work here, everyone who's exposing themselves to risk on a daily basis, knows that if they or their families were to get sick, even they would struggle to find the right medical care. in a city overrun, it's hard to leave the trauma behind. the risks follow you home, too. manjusha's children know not to hug her when she'sjust back from hospital... ..but they're too young to fully understand what their mother does — her front line role at one of the

seema mody has the details >> reporter: the shortage of raw materials and now hearing that rubber isreasingly hard to import for some industries so what's the problem? it's multiple factors. lack of shipping containers, bottleneck and a recent surge in demand most of the natural rubber is from southeast asia, thailand the largest producer 15,000 miles away and doo to the shipping delays some businesses are using other modes of transportation to import the rubber they need. >> consumers who buy direct in southeast asia have been utilizing air transport to bring natural rubber those 15,000 miles from southeast asia to the united states. >> reporter: dover a major industrial said this week that the global shortage of plastic and rubber is driving increased investment in processing plants, tiremaker goodyear saying we are not experiencing supply limitations. it was tight last year we took measures to ensure supply met the factory needs some scientists see opportunity here a doctor at ohio state university is developing rubber from plants and two to three years away from getting it to mar

seema mody is following the story for us. >> a tornado that's how a doctor in india described the situationsis on the economy. major cities, financial capital accounts for 6% of national output under lockdown and no sign of abating. hospitals overflowing. short and of oxygen. president biden spoke with india's prime minister today and said the u.s. will give aid, vaccine materials and therapeutics but markets are nervous. there is a more selling than buying of india related etfs last five days outflows of $120 million and beyond etfs it is a hot destination for technology on the bet that india will lead asia in growth and innovation and where y the pressure is on mody and the leadership to stop covid. >> how might it affect the global supply chain? >> there's general electric to apple that manufacturers iphones there. this is a big destination for kimberly clark and technology and supply chain and a big effort under way for a couple years and been this administration in india that's been selling this dream to foreign investors that come here manufacture in this country. set up shop. we will

i'm tyler matheson seema mody joins us for the hour in a moment.ing all-time high just the dow, s&p records after a blowout jobs report last week. and strong economic data today pointing to a rebrown in america's economy. >>> plus treasury secretary yellen calling for a global minimum tax on all corporati

. >> seema, thank you very much. >>> is demand about to take off for the airlines is the company is bullisha rebound on a travel post-pandemic. the ceo, joe ana garrity will join us next new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> shares of jetblue were tdown 2.5% today but the company is sounding optimistic about a rebound citing greater than expected demand for leaisure travel joining us now in a power lunch exclusive is joanna garr itty with our own phil lebeau >> thank you, joanna, for joining us today you guys are talking about potentially breaking even in q3 and profitability later this year give me a sense what you're seeing of the market and demand here in the u.s. right now >> sure, thanks, phil. we're encouraged by what we're seeing this summer this is largely a leisure-led recovery all signs are positive vaccinations rates are up, booking curve is extending,

. >>> we have a market flash on tobacco stocks seema moda has got it for us. >> the biden administration is considering whether to require tobacco companies to lower nicotine levels of all cigarettes sold in the u.s. to levels where cigarettes would no longer be considered addictive that's dow jones quoting sources. it is a policy the white house is said to be considering. on this news, altria, british american tobacco are moving. you can see british american tobacco down 2.3%, at the lows of the day wilf, back to you. >> seema, thanks so much. >>> up next, shares of emergent biosolutions, the company at the center of the j&j error are moving the shares are down 12%. >>> plus which big earnings should be on your watch list this season? we'll ask dan niles for his top picks. >>> the 10-year yield around about 1.6%, ticking up from that 1.55 we touched late last week >>> the company behind that ruined batch of johnson & johnson vaccines is now facing new scrutiny from the fda. meg tirrell has the details on emergent biosolutions. now what, meg? >> well, sara, we learned from a regulatory f

fist faced boycotts and now boycotts threatened from the other side for supposedly caving in seema mody joins us live from atlanta with more details. hi. >> reporter: now a last-minute decision to postpone that boycott from local religious leaders and would have taken aim companies like coca-cola, home depot. while georgia's voting law invited strong opposition, we have been speaking to a number of residents here in atlanta some reject it and others that support it. >> i think you need to be able to show an i.d. to vote. you show an i.d. to get on an airplane so to me it is just logical. >> reporter: focus is now turned to the masters tournament, most celebrated sporting event. we heard from augusta national chairman who spoke out on the georgia law. >> i believe as does every one in our organization that the right to vote is fundamental in our democratic society no one should be disadvantaged in exercising that right. >> reporter: but ridley facing criticism not saying whether or not he supports the law after mlb pulled the all-star game from atlanta to denver back to you. >> thank you

. >> seema, thank you. >>> coinbase is the big story of the day.price of $250 but compared to $381 opening price it is losing steam here versus that price coming up, we'll talk to the president of the nasdaq about the direct listing and a lot more stay with us >> and now, the latest from trading nation.cnbc.com and a word from our sponsor. >> for entries into breakouts some traders use buy stop limit orders placed above resistance levels unlike regular buy stop buy stop limits turn into limit order wls the stop is limited. if a stock closes below the price one day and far above the limit price the next the investor will not buy the stock. i'm lee and schwab is the better place for traders. incomparable design makes it beautiful. state of the art technology, makes it brilliant. the visionary lexus nx. lease the 2021 nx 300 for $349 a month for 36 months. experience amazing at your lexus dealer. this is wealth. lease the 2021 nx 300 for $349 a month for 36 months. ♪ ♪ this is worth. that takes wealth. but this is worth. and that - that's actually wor

thanks, seema. have a great weekend. >>> a company calling itself a unicorn factory. ai to speed up the vc process we'll tell you about that when "power lunch" returns. >>> and now, the latest from trading nation.cnbc.com and a word from our sponsor. >> when it comes to investing there are generally two popular methodologies, fundamental analysis to focus on revenues, earnings and cash flows and technical analysis which focuses on chart patterns, price movement and momentum. i'm joanna pne aaynd schwab is the better place for traders with a bang, energy and change came to every part of our universe. seismic or small, it continues. change is all around us. shaped by technology and human ingenuity, we can make it work for you and your business. >>> all right, folks, welcome back to power lunch. look at the s&p 500 sitting at 4,000 today. above it for the first time ever, sitting right near session highs right now. up 41 points that's a 1% gain the nasdaq is the day's leader, up about 1.5%. chip stocks are leading the way there. "power lunch" will be right back sales are

so we'll see different things, seema, in different markets. by the clear eagerness of people to get back to living their lives and that includes taking their cruise vacations. >> bookings are there. now just need that final guidance from the cdc. you say a matter of months before you return to the u.s watching with bated breath richard, thanks for joining us ceo of royal kcaribbean. >> that does it for us here on "squawk on the street. "techcheck" is going to start right now. ♪ >>> good thursday morning. welcome to "techcheck. i'm carl quintanilla with jft j jon fortt and deirdre bosa. >>> is there a bear case to be made facebook shows often its own results. why that stock is ripping higher later, qualcomm's incoming ceo joins us first on cnbc

versus chevron which outperformed more recently sticking with the georgia voting law, let's go to seemaus. >> reporter: a boycott that was set to go into effect today targeting some of the major brands in atlanta, coca-cola, home depot, delta, has been postponed. a prominent religious leader here in georgia who has been spearheading a number of the talks says the chairman of coca-cola has reached out and is now putting together a meeting with other corporate leaders including those of home depot and delta among others that closed door meeting set for tuesday, april 13th. this as republican opposition of companies speaking out against georgia's controversial voting law continues to grow. you have governor kemp of atlanta of georgia speaking out today and yesterday senate minority leader mitch mcconnell saying companies should not intervene in politics. now, we've been speaking to a number of georgians on the ground today and yesterday in favor and rejecting the voting law that was passed last week, but none of them say that a boycott is the answer. >> coca-cola is too massive of a compan

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. >>> csx earnings are out let's get to seema mody. >> a two-cent miss on cs x's bottom line, 93 centsthe 95 cent estimate 2.8 billion in sales, a slight beat, but it did decrease from the prior year volumes for chemicals down 8%. automotive down 16%. csx saying strengthening economic momentum is providing added mobility to growth and we are taking the steps to make sure we are ready to handle these volumes. this is a name we've been watching very closely around talks whether we'll see more consolidation in the railroad space following canadian national's $30 billion offer for kansas city southern shares are down nearly 2% in extended trade wilf. >> seema, thanks for that. >>> shares are interactive brokers moving higher. the company beating on both the top and bottom lienes. up 2% in after hours trade joining us now is the founder and chairman thomas peterffy good to see you thanks for joining us. >> thank you for having me. >> so clearly both the beat relative to expectations but more impressively the year-over-year comparison to last quarter we could look at any number of metrics, r

variants, and people letting their guard down too soon, thinking it won't happen to india he's cnbc's seema> reporter: the alarming speed of the takeover has left citizens outraged. a business owner in new delhi just recovered from covid after spending three nights at a local hospital hooked to an oxygen tank. >> there's no help, no doctors, whether you have money or don't have money, you're a vip or not, nobody is getting treatment on type. >> reporter: hi's among the growing number of citizens blaming india's leadership for the record-breaking surge in cases, allows superspreader events like religious fest tism and political campaigns to carry on. >> i think the government should shut down all events, all political campaigns, and focus on health care, focus on basic health care. >> reporter: only until cases started to soar did the indians government fasttrack approval of foreign vaccines, but leaves it up to the individual states to purchase the vaccines, while they tried to ramp up supply less than 2% is fully vaccinated. >> there is no doubt in my mind this government was woefully unpr

seema mody in atlanta with what is happening right now in the push and pull of politics en route to the '22 midterms. >> reporter: speaking out for the first time on georgia's voting law but declined to say whether the institution he represents is for, or against, the law. >> i believe, as does everyone in our organization, that the right to vote is fundamental in our democratic society no one should be disadvantaged, in exercising that right >> reporter: lawmakers, including state representative, marvin lim, strongly believe the augusta national golf club, which has long faced criticism over demographics, should break from history of not weighing in on issues and take a stand. >> i, personally, think the masters and the pga should pull out of georgia listen the pga already pulled out of a tour championship at a trump club because of the january-6th insurrection the same voting-fraud narrative, a falsehood, that led to that insurrection, is what motivated sb 202. >> according to a you gov poll from late porch, americans narrowly oppose laws that make it harder to vote, 44 to 39% residen