viacom cbs the buzz out of the media billionaires playground, sun valley idaho, is viacom cbs sherry redstone a deal, that's what charlie gasparino says and he joins us to explain. hey, charlie. charlie: hey there, there were a couple or several takeaways from the conference. number one the security is insane. i mean, really insane. if you think that elle my producer is a mean, nasty person , going to harass somebody or lidia moinahan, my old producer, is a mean nasty person well then security is great. if you think that's overboard, well then that's something else so the security was nuts. a lot of these guys are hypocrites they were talking about climate change, bill gates gave a big speech on climate change, presentation as they flew in on their co 2-emitting private jets which basically crowd the airport and prevent other people from flying in the airport, that's another takeaway. the third takeaway is sherry red stone, who clearly, i guess the best way you could say is that she won the popularity contest at the event and these are, when we say the event, there's two types of stuff that g

mainstream media representatives include comcast, c o brian roberts, buy. com, cbs chairwoman, sherry redstone, cnn host, anderson cooper and van jones, cbs host gail king and public officials include former us secretary of transportation. elaine chao former white house drug control policy advisor, kevin submit, and former ambassador to the united nations, nikki haley. now you can only attend this event if you are invited and know. pressed is been asked to cover it. reporting for news use, houston suite r t. speaking of summer camp, talk about the biggest summer camp one that people spend our entire life working for the 2020 olympics and they're about to finally start. however, as with every year the us team is embroiled and controversy after controversy. so join me now to from the archie, sports h q in steve chris stock as steven even follows, i want to start with let's try star shake, hurry, richardson, what exactly happened with their suspension? and the reason why we're doing the segment is there's a lot, a lot of just noise on social media in the news of what really average these are just

be, if any, at the combined company, but his streaming service hbo max is in focus along with sherry redstone'sf viacom tbs. questions whether her company could be a buyer or seller as streamers look for more scale to compete with netflix netflix co-ceos both here arrived yesterday. also other media moguls here including barry diller and imagine's entertainment brian grazer grazer said she thinks this is win for creators like him, and a bunch of tech categories also in focus represented by a number of ceos crypto, xapo and coinbase here and biotech, ginkgo bio works, illumina and cybersecurity players as well. tamian and lookout and hearing cybersecurity particular is top of mind for a lot of the ceos here across industries deirdre? >> there and probably everywhere julia, thank you for that. looking forward to your first on cnbc interview later with linkedin's reid hofer. "techcheck" is back in just a minute. above everything? you decide fast... is never fast enough. you put muscle over matter. and you make horsepower... a superpower. ♪ welcome to the brotherhood of muscle. only 6% of us retail

there are other streaming players in the spotlight here in sun valley, viacom cbs shareholder sherri redstoneval of the company's merge we are warnermedia he's looking forward to talking to comcast roberts and nbc universal's jeff schell. take a listen. >> we're just about great talent and great content. we want to get this deal done but over time i think there's a lot of assets out there that have good ip that will probably find homes >> reporter: in addition to looking forward to talking with roberts and shelby, he'll be speaking with warnermedia chief jason kylar whose role is not determined we'll have a great line-up of ceos in sun valley starting with hans vesper tomorrow morning on "squawk box. >> it was interesting he was interested to talking to the ceos of our parent company and parent unit. what could he have up his sleeve that would be a lot. >> it would be a lot roberts and schell don't think they need to buy anything right now. they were asked some of our investor conferences in may and didn't feel there was pressure to make acquisitions to get larger zaslav is talking down the r

potential buyers who arrived today who will be in the spotlight this weekend, sun valley, including sherry redstonet and this year sun valley feels a little different i mentioned the smaller guest list, no children allowed and mandatory proof of vaccination and mandatory testing. we will have a great line-up of g guests over the course of the week and tomorrow on "closing bell" sitting down with reid hoffman, legendary investor. back over to you >> thank you, julia, we look forward to your coverage during this week including the interview tomorrow >>> let's get some final thoughts here before our show ends mike, we saw momentum from the nasdaq start midday and kick up through the closing bell do you think we'll start with the positive open tomorrow >> well, i would actually think you might get a little bit of upside drift but overnight it's always been a crap shoot, actually been a little bit of as 9:30 hits we get a little bit of a different tone apple and amazon today basically added almost half a percent net to the s&p 500 so it tells you it was a little bit concentrated but kind of the market k