seema mody joining us on set to talk about are hedge funds turning bullish on china >> the sentimentwhat investor, who investor, you talk to. and what they are focused on overall is the reopening and whether it's really picking up pace after cutting its quarantine requirement from seven to five days, online travel from trip.com says it's seen 136% jump in flight searches to china from the u.s signs of a gradual reopening, but not a total abandonment of his zero covid policy, and that's why wall street remains less bullish right now joyce chang calling yesterday's boyd/xi meeting constructive, still, lowering gdp estimates. marc lasry of avenue capital telling me it's too early to invest in china. there's the latest 13f filings, ending september 30th, which reveals a number of prominent hedge funds reducing their exposure to the country. coatue reducing its stake in jd.com by 56%. while bridgewater cut a stake in baidu by 20% there were some buyers, coatue increasing its shares in alibaba. alibaba on pace for the best month in seven years it's now trading to 36 times earnings versus h

you are watching "worldwide exchange" here on cnbc >>> good morning i'm seema mody in for brian sullivan let's check on the markets and your money right now stock futures are higher dow jones industrial average indicated higher by 76 points. s&p 500 up 9 points. stocks snapping the three-day winning streak with all three indices falling. checking the bond market with the 10-year treasury trading at 4% here we have 4.11% for the 10-year treasury a look at energy wti crude and brent crude which had been nearing $100 a barrel and now at $92 wti down to $85. >>> and binance abandoning the rescue of ftx. it is higher by 1% at $16,667. the ftx token of the trading platform is down roughly 90% in the past week. you can see down 9% at hthis hour we have more on the developing story coming up. >>> first, let's get a look at the overnight action in asia and the trade in europe with joumanna bercetche in london hi, joumanna >> good morning, seema risk off tone prevailing the indices are trading in the red and wallnd wall street is n as well. looking at the resurgence of covid in the southern part o

you are watching "worldwide exchange" here on cnbc >>> good morning i'm seema mody in for brian sullivan let's kick off the first day of november with the stock futures. we are higher by triple digits for the dow jones industrial average. up 176 nasdaq up 103. s&p 500 indicating a higher up up 30 points after a record-breaking month for the markets in october that saw the dow with the best monthly performance since january of 1976. gaining nearly 14% look what happened in the bond market yields compress. 10-year treasury now back below 4% 3.98%. look at what is happening in the energy sector. oil right now where it is trading higher by 1.3% for brent crude. $94 for wti crude. we are seeing bitcoin and ethereum trade higher 1.5% for ethereum and bitcoin up 1% above $20,000. >>> around the world green arrows overnight in asia with hong kong surging 5% on the day. hong kong tech sectretor surgin 7% look at alibaba up 7.5%. much more on what is behind the rally coming up. >>> the reserve bank of australia sticking with the approach and hiking the lending rate by 25 basis points. >>> toyota,

monday, november 28th and you are watching "worldwide exchange" here on cnbc >>> good morning i'm seema mody in for brian sullivan let's take a look at how stocks are faring we have just hit session lows in pre-market trading dow indicated lower by 239 nasdaq off 132 s&p down 38. stocks coming off a winning short week all 1100 s&p sectors ending higher with utilities surging more than 3% on friday, the dow closed at the highest level since april 21st it is the midcaps with the biggest gains. s&p 500 and s&p 400 midcap out performing among the biggest gainers is lattice and crocs and gap. let's get a check on bonds and where-ye where yields are faring. 10-year treasury is below 4% in energy, oil with big moves there coming off the third straight week of losses. down almost 12% this month down 3% at this hour on the growing concerns around china. crude as you see is falling on the reports that we're getting overseas. >>> in cryptocurrency. let's see what is happening with bitcoin and ethereum bitcoin is down as well as ethereum. >>> let's get the latest from the european session with joumanna

tuesday, november 15th you are watching "worldwide exchange" here on cnbc >>> good morning i'm seema mody in for brian sullivan let's kick things off with the markets trading right now. your money and where stocks are right now. futures indicating higher open dow up triple digits by 120 points s&p is up 30 points. stocks facing a choppy session yesterday on fresh fed comments about the rate hikes going forward with all three major indices snapping the two-day winning streak we are higher right now. look at what is happening in the bond market with yields lower. the 10-year treasury at 3.t8% also a gut check on the energy market where you are looking at wti crude down 1.3%. brent crude at $92 a barrel. we want to continue to watch cryptocurrency and the fallout over the ftx collapse. bitcoin is $16,799 up 3%. all of the major cryptocurrencies we track are up 3% to 5% right now >>> among the big money movers, berkshire hathaway building a sizable stake in the company of taiwan semiconductors. shares worth $4 billion. shares popping in asian trade, but down year to date. stock up 8%. >>> let

it is friday and you are watching "worldwide exchange" here on cnbc >>> good morning i'm seema mody in for brian sullivan let's kickoff with a look at markets shaping up following the mass sufficient day yesterday. futures are indicated higher dow up 162 points. nasdaq up 92 this comes after the dow surged more than 1200 points on the back of the softer than expected october inflation report s&p rising 5.5%. the biggest one-day rally since april of 2020. technology making a bigger comeback nasdaq surging 7.5%. look at treasuries 10-year treasury posting the biggest one day decline since 2009 the bond market is closed for veterans day 10-year yielding 3.8%. the dollar playing a role tumbling as investors pulled out of the safety of the cpi report. the dollar index falling more than 2% and down by 1% at this hour also want to get a gut check on energy wti crude and brent crude did move higher as part of the big rally yesterday. and higher today brent crude up 2.6%. wti crude below $90 a barrel let's check on crypto with the fallout from ftx bitcoin down 1.2%. >>> let's go worldwide with

>> seema mody joins s us with reaction to the report free cash flow particularly strong and particularlyin out year raised guidance. >> right and growth interest in technology the bright spot, melissa. that business specifically saw sales increase 59% year over year a division including semi and fully awe ton mig tractor, planters, spraying, requiring let manual labor on the call an interesting point made lack of skilled workers now prompting ing more farmers to it in equipment with enhanced technology and the infrastructure billick canning in with order in the construction business already 70% full next year you discussed higher pricing certainly a prevalent being. managem management indicating supply shortages starting to ease good news. priced into the stock. 20% now up additional 5% high expectations going into 2023. >> what happens when crop prices continue to fall i say will continue in theory because fed is doing what it's doing, et cetera >> then there is the uncertainty around geopolitics jpmorgan analysts there writing that if this war in ukraine continues that could raise like

seema mody let's dig deeper into the chip sector and get a closer look at competition on a global level as china tries to catch the united states' tail and gain share. it continues to face hurdles including the commerce department's new restrictions to protect a key technology our next guest takes a deep dive into this year's long battle to dominate the chip industry in his new book "chip war." joining us is the author, chris miller appreciate the time. thanks for being with us. >> thanks for having me. >> i wonder how you're just thinking broadly about the overall dynamics meaning slower economic activity, maybe a decline or a slowdown in demand growth and yet you've got all these nationally driven attempts to boost investment in the meantime how is that going to work out? >> i think there is certainly a risk of some overcapacity as china, the u.s., japan, europe all pour government-backed subsidy funds into their chip industries now it's going to depend where you look in the chip sector. at the leading edge of logic there's probably a lot less likelihood of overcapacity because of imp

seema mody joins us, do investors believe this bounce is sustainable.ng after these stocks have sold off on a number of factors, including covid over the last year, so >> well, sara, what is clear is there are positive developments over the last 48 hours first, calling that meeting between china's leader, xi jinping, and president biden a modest success, and then you had china also stepping in to prop up its real estate sector, plus some evidence of beijing starting to relax its covid policies for the first time in two years, bank of america turning tactively constructive on china, which strategists say will help energy, industry, consumer stocks in china. what's interesting is that the latest 13 f filings show that hedge funds have been reducing their exposure trimming position by 20% david tepper reducing alibaba stake by 10% these are filings that ended on september 30th their position may have changed. the take away is they still need more evidence of this china reopening to call this a turn around but clearly hard to overlook these big moves we're

let's talk travel and the state of the economy right now seema mody joining us with the ceo of royal caribbean, who's got a water slide behind him, our parents on an rcl boat right now. i don't know if that's it, but seema, take it away. >> thank you for joining us on board the beyond in fort lauderdale, it's great to see you. >> great to see you as well, seema. >> let's talk bookings clearly bookings have accelerated since labor day as those covid restrictions were removed in early september what are you seeing right now? tell us what the fourth quarter looks like. >> we currently have 150,000 guests sailing with us as i speak right now, and we're seeing two really strong things, one, acceleration in the booking environment, our guests are paying more than they paid in 2019, to sail with our brands, which is very exciting, and also on the on-board spend, they're continue to go spend more month over month on our ships for the experi experiences we're delivering. >> you laid out ambitious goals, targeting a double digit earnings growth rate in the next three years. are these numbers re

i'm seema mody here's what's ahead. the bounceback china-related stocks and commodities rally. oil to copper. and emerging markets, this despite the ongoing protests but how much exposure to that country should you have in your portfolio? we will discuss. plus waning confidence the outlook gloomy the likelihood of a recession elevated the head of the conference board, he's here to discuss

i'm seema mody here's what's ahead. the bounceback china-related stocks and commodities rally. from steel to oil to copper. and emerging markets, this despite the ongoing protests but how much exposure to that country should you have in your portfolio? we will discuss. plus waning confidence the outlook gloomy the likelihood of a recession elevated the head of the conference board, he's here to discuss inflation, rising rates, and challenges they pose to growth heading into the new year. brian? >> all right, seema. thank you very much. >>> well, overall stocks there lower for a second day the dow, the s&p -- well, you know what? i said it and it's wrong i'm sorry, america the dow is now actually up by .05 of a percent we're in the green the other ones are coming back as well. looks like the s&p is about to turn positive as well. energy inside the market, the best performing sector led by halliburton, apa, catera and others apple, among the most volatile stocks in the session, on concerns of reduced iphone shipments due to the protests in china. i think maybe we should be more f

seema mody joining us now with what he had to say what did he have to say? >> you could argue that china is by far the most important economic relationship, but u.s. ambassador burns saying that the lockdowns are taking a toll on his staff, the u.s. embassy in beijing and their ability to carry out important tasks. >> the lockdowns are quite severe it also constrains our ability for us to do our jobs. if i wanted to go to visit our consulate in northern china, up near the north korean border this week, i could probably get there, i would likely get stuck there for about ten days same with shanghai or gaungxo. >> they have been using government charters to get officers in and out of china he's expecting his meetings with this week with government officials there to be conducted virtually due to the ongoing covid restrictions and showed his support for the protests saying that they have a right to be heard and that right shouldn't be hindered or interfered with. sort of an indirect message to the leadership there >> there's a story on cnbc.com today, that i th

seema mody. >>> we talked about taiwan semi, of course, moments ago given berkshire hathaway has becomeother names we're watching this morning because they're both up on berkshire purchases by the way, this doesn't always mean it's buffett behind this. there are a number of decision makers when it comes to the portfolio at berkshire it's unclear if warren buffett is making decisions on paramount. 130,000 shares they filed for. one would think they bought more after the filing period had passed the companies there do share 50-50 ownership of a mortgage servicing business as for paramount global, back in may is when they initiated that position as much as 2.6 billion worth of stock then it's worth a lot less now even though they increased from 68 million shares to 91 million now. berkshire owns about 51% of paramount global not quite sure what exactly it is they're looking for but they are the largest single shareholder, even larger than its control shareholder, national amusements. we're back in two. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm

let's get a news update with seema mody hey, seema >> carl, let's start with travel it appears thanksgiving travel, that is the week, was a smooth one for the nation's airlines. according to flight tracking website flight aware, only 262 domestic flights were canceled from monday through saturday that's just 0.2% of all flights scheduled. calm weather throughout most of the country helped keep flights on track >>> the nation's biggest banks are working on a plan to compensate customers victimized by scams on the zelle payment network. jpmorgan chase, wells fargo and bank of america are among the banks involved in the talks. they're working out methods of refunding customers and each other for a legitimate transfer. the use of services like zelle skyrocketed during the pandemic. >>> crude oil is just about flat for 2022 at one point today, crude dip td to the lowest level since december 27th of last year all this comes as we see a surge in covid-19 cases in china and the protest over the government's strict covid protocols that fueled concerns of slowing demand for crude in china, which is t

seema mody joins us -- i would say challenging pandemic, and even post-pandemic, it's been bumpy foroup. >> this 50% jump in bookings compared to 2019 levels is a big number, but the context here is that the company is, of course, offering promotions, also a $50 on-board credit they can use once they're on board a activities, but i think this is reflective of what we're seeing across travel, the pent-up demand the question is whether the bookings number will continue to get stronger and if it will stop or lower of the risk of the company going back to the debt market two weeks ago it does offer a new debt offering, but that continues ton an overhang, still down about 52% to date that's the broader concern in general. yes, recoveries in bookings, will you but will it stop them from raising more debt. >> what do the analysts say, seema? are they good buys >> stifel has a buy on royal caribbean. others seem to be more bullish on norwegian, which has the pulse on the luxury traveler less positive on carnival, i would say, of those we track on wall street. >> mike, what do you think about

. >> seema mody, thank you. >>> talk about oil and geopolitics. growing concern that a full china economic restart along with the december 5th eu sanctions that kick in could send crude oil surging listen to what jej curry of goldman sachs head of global commodities research had to say. >> the physical goods root of the inflation very beginning >> when we think about the outlook for physical goods it starts to get really bullish over the course of the next 6 to 12 months. primarily because you get china back in the picture. >> all right bring in global head of commodity strategy at rbc capital markets and a cnbc contributor. probably know jeff but a competitor as well you don't have to agree with him one bit, but do you? >> i actually like him a lot exceptional. >> here we go, i would say the market, though hars been waitin with bated breath for reopening. last week expectation based taking new vaccine technology, shortening quarantine time, and basically saying, okay this is going to be it now today you can see oil and record covid cases in china

let's get to seema mody for the cnbc news update >>> house minority leader kevin mccarthy announced hisid to become the next house speaker, this even though control of the house remains undecided. mccarthy says he remains confident that republicans will take back the house. nbc news says republicans are on track for a small majority in the house. >>> mitch mcconnell is holding back from commenting on the elections. when asked how he felt about the midterms, mcconnell said i don't deal in feelings, that he is awaiting for the votes to be counted. >>> for the first time since the 1970s, grand rapids, michigan will send a democrat to the house. hillary shelton defeated tom gibbs who defeated peter myer in the primaries. contessa and tyler >> thank you very much >>> ahead on "power lunch. tesla's breakdown, the stock sinking today, down 44% this year, dropping way below the trillion dollar market cap it hit a year ago. >>> disney and roblox miss on earnings ♪ i was having relationship issues with my old bank. it was just take, take, take. so i moved to sofi checking and savings. get up to 3

i spoke to a number of people from mumbai, tel aviv and london carl >> thanks for that seema mody inlet's keep that conversation going and bring in oppenheim's morgan yang to talk about the potential supply disruptions it sounds like your thesis any kind of scarcity or extended lead teams enhanced the perceived value of the brand and they could potentially make it up next year >> yeah. definitely i believe whoever is looking for iphone this holiday season is willing to wait into the next quarter. fundamentally, android phones are readily available but doesn't really have the system and hardware advantage iphone has. so, those consumers who can't have their hands on the iphone before christmas is willing to wait and not going anywhere else >> some of the video we've seen come out of foxconn. >> so, we have to look into two ways one is the recent unrest, the clashing of workers against factory workers. those are the result of disagreement over incentive pay. those workers are not yet production workers working on the assembly of iphones. they still have to go through the training perio

let's bring in seema mody who is watching this. >> what we have seen is a dramatic change in tone froml street firms on china citigroup turning bullish, upgrading hong kong to overweight and over the weekend, they predict china will exit covid strategy around march of next year which will help unleash $760 billion in household savings, further supporting china's stock market. the k web etf taking a breather. news as well of three covid deaths in china over the weekend. the reopening, though, will help u.s. companies will largest revenue exposure to china. so names that they highlight, tesla, nike, domino's pizza, with 15% or more of their sales tied to that country geopolitics still remain a top concern. cowen say simply put, talk is good, but it's also cheap. >> you raise up the headlines about the covid deaths china has lockdoed down one of s key districts. they were talking about wynn resorts which is one of the most highly exposed u.s. companies to china revenue and he says they upgraded the shares, but that was based on the expectation of the reopening and it hasn't happened is wa

. >> cnbc's seema mody, thank you very much for that report.eterans day, we are highlighting a groundbreaking program for wounded warriors. we'll be joined by an air force veteran and the executive director for operation mend. "morning joe" will be right back. back my asthma felt anything but normal. ♪ ♪ it was time for a nunormal with nucala. nucala is a once-monthly add-on treatment for severe eosinophilic asthma that can mean less oral steroids. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection site reactions, back pain, and fatigue. ask your asthma specialist about a nunormal with nucala. hey sammy, what kind of movie are we going to make? ask your asthma specialist make something real, not imaginary. i want to make movies though. sammy, you do what your heart says you ha

seema modi has more on that. >> delays for the iphone pro max don't seem to be stopping customers froming apple's flagship store nearly 200 people shopping and browsing for various products, primarily international tourists those shortages are starting to show up. expecting 8 million iphones to be sold this weekend as opposed to 10 million last year. as the company is working to address those issues at the largest iphone factory in zhengzhou where workers protested earlier this week, altercations adding to pressure, foxconn struggling to hire workers due to the extended lockdown period. on november 6th apple warned investors of shipment delays but reiterated it continues to see strong demand. customers we spoke to here are willing to wait. some buying the lower cost iphone 13. an analyst says he doesn't see the extended wait times pushing consumers to exit the apple ecos ecosystem, that is the concern he initially forecasted about $3 billion in iphone revenue to be pushed out from the december quarter to march he now sees that number increasing to $6 billion given the big plant in chin

seema mody looks at where the big money is being spent seema. >> i like that, tyler.iving travelers plan to stay in a hotel. that's compared to 22% last year data according to ahla and with average gas prices breaking below $5 a gallon that's expected to push more americans to drive to destinations data from gas buddy showing nearly a quarter of travelers will spend one to three hours in the car vs. less than one hour last year. and as for the most expensive cities to check into a hotel topping the list is maui where average daily rates are above $500 a night new york city average daily rates above 300. 37% more expensive than a year ago. that's according to str. yet according to pavel brooks ceo john board he said bookings remain strong but that could change next year take a look at this new survey from expedia which found that 35% of travelers plan to stay in one to three-star hotels in 2023 that's higher than last year and nearly a quarter of global travelers plan to be, quote, more frugal. so far this year the hotel operators have performed better than the airline

quarter after the ceo told investors that the company has not seen tradedowns or shifts in demand seema mody is joining us with the interview. >> stock up 7% peter, thanks for joining us >> good to be here >> let's start with the consumer i heard you say consumers are not trading down that is a different message than what we're hearing from some of the retailers. so what are you seeing and especially now with concerns that the economy is going to soften further >> yeah, i think travel has proven quite resilient we all speculated had people had bought plenty of stuff and were going to use their money to travel as covid opened up and we've seen that be consistently true and i think with the limitations on air travel andsome of the things that happened through the summer, we're seeing the demand just continue. and we haven't as yet seen any, you know, tradedowns, any real change in demand even on adrs and pricing. so i think that there is not a lot of evidence in the market yet that consumers will trade down, but of course we'll have to see but nothing yet that we've noticed. >> does this signa

what's happening, and it allowed bankman freed to basically get squeezed by cz >> let's ego to seema mody who has the headlines for us >>> mid-terms in focus we begin with the republicans holding onto a key senate seat nbc news can project ron johnson will win the election in wisconsin. he was able to defeat the incumbent challenger lieutenant gov governor mandela barnes in a tight race and said there was no mathematical path for barnes to beat him it'll come down to a tight race to determine senate control. a high profile democrat in new york has conceded his house race congressman sean patrick maloney calling his opponent this morning to concede that's according to a spokesperson maloney is the first head of the house democrats campaign onto lose his own seat since 1980 and a number of ballot measures passing states across the country. nbc can project that california has voted to allow online sports betting but not in person sports betting. and in connecticut and michigan, voters there supported proposals to expand early voting and access half time report is back after this so. the new

john deere there are a few potential headwinds on the horizon they report their numbers tomorrow seema modyning us now with some of the key language to watch. what is happening down there in moline, illinois >> there is no question that john deere, brian, is the standout this year this chart, as you were just showing, up 20% in 2022 compared to the industrial sector, which is down 5% year-to-date. a surge in crop prices fueling the rally. and yes, we, it's off its multi-year high hit back in april, but farmers can lock in pricing at any time. which means more money they can use to buy big machinery right now, equipment sales anticipated to rise by $13.4 billion in the fourth quarter. jpmorgan expecting sales to come in right below that at 13.1. a slight miss and that is due to the ongoing supply chain constraints, as well as higher info costs that was a clear concern for deere's competitors, agco, oshkosh, both of which reported earlier this month softer demand for smaller tractors was also cited after the big run-up we saw during the pandemic more importantly than the fourth quarter number

so, now, seema mody, let's take a look at hotel costs.$100 in taxes and resort fees on every hotel bill. >> right >> it seems like by the way, some resort fees are not resorts. they're like a regular hotel >> no, but it's a great point. it's always been a big concern for consumers. as we look at hotel rates just a like airfare, rates are surging brian, prices up 20% average year over year led by costs in new york city, $338, that's 37% more expensive than the same time last year and also up from 2019 levels john bourque ceo of pebblebrook hotels, he said pricing remains strong he's seen no evidence of cancellations, signs of inflation or the broader economy. the real estate trust that has the highest exposure to new york is diamondrock host hotels and park of the three, host hotels is outperforming the stronger than ceos made the point they're not seeing customers trade down. however, that could change next year there's a new survey from expedia that found that 35% of travelers plan to stay in one to three-star hotels in 2023 and nearly a

seema mody is tracking all of those moves for us hi, seema. >> hey, morgan that's right of the two major reported this morning, it's hyatt that delivered a huge beat on earnings. their ceo says it's clear that people are prioritizing experiences and travel marriott was mixed, though it did raise its fourth quarter outlook following the lead of hilton last week and marriott said business travel is gradually improving sequentially, driven by small and mid-sized businesses however, special corporate, which includes big companies, it saw room nights down 17% year over year. largely driven by tech, which was down 23% in the quarter. what we're seeing, the weakness in tech industry is spilling over conferences and bookings overall in travel. ceo did say the stronger dollar is incentivizing americans to travel overseas. that's one of the drivers of bookings holdings which reported last night ceo says he's seeing a significant rebound in cross-border travel which truist analysts say should help bookings more than expedia expedia reports tonight. back to booking, ceo glenn vogel saying average da

. >>> let's stay with this story and bring in seema mody and how wall street is changing their outlookn china >> the reason covid outbreaks raising the question, did wall street get too bullish too soon? last week, bank of america, morgan stanley, citigroup and goldman sachs raising their outlook on china goldman saying net buying in chinese equities was the largest ever, driven by long buys, and to a lesser extent, short covers larry cautioning the road to reopening is set to involve a lot of back and forth. evercore isi still expecting the country to begin exiting zero covid policy around march of next year, but confesses the road to recovery will be bumpy the strategists there says the boost in consumption that we'll see over time will benefit u.s. companies with exposure to china. names like aptiv, tesla, domino's pizza estee lauder with 30%. of course, semiconductor giants, qualcomm, nvidia, analog devices. and apple, china being its second largest market, accounting for 18% of sales, looks to diversify its supply chain, bringing lower cost iphone to india. the commentary from the

conversation there gentlemen, thank you for joining us >>> it's time now for a news update and seema modyeema. >> morgan, here's the cnbc news update at this hour. for the first time in four decades the world's largest active volcano is erupting the eruption of hawaii's mauna loa started last night and causing ash and debris to fall on the big island. officials say lava flows are not threatening any communities. >>> 2 million houston residents are under a boil water order for any water used to drink, cook or bathe. that after a power outage yesterday caused low pressure at a water purification plant the issue also forced some houston schools to close today the city continues to monitor the situation and will conduct more tests today. >>> and another record low number of births this year in japan. that is alarming government officials. just under 600,000 japanese babies were born through the first nine months of the year. that was 4.9% below last year's record low, even despite government's efforts to stimulate births through child care subsidies the birth rate has declined each year since

seema modi is at an apple store.n the online shopping surge. >> when someone tells you you can't have something, you feel like you want it even more that's what sums up how apple users are feeling now. by the way, this flagship store behind me just sold out of the iphone 14 pro max which has all of the bells and whistles. online, roughly 38 days, that's how long it will take to get your hands on this device. the longest wait in six years, according to channel checks for morgan stanley that's certainly frustrating customers. >> it's really crowded, and i just came here to try to buy an iphone 14 pro, but theyare all sold out >> are you frustrated? >> yeah, kind of yeah >> so i was hoping to buy the new iphone 14 with the awesome camera but unfortunately, i think it's hard to find i live in delaware we couldn't even get them a few months ago i haven't gone in yet, but that's my goal >> and you heard right there, a number of international tourists came to new york, they were hoping to get their hands on the iphone, but