waste management and sherwin williams what a pair?iams has been a very good stock of course, housing is big and people spent a lot of last year remodelling their house or buying their house and fixing it up inflation protection they were able to rate prices 7% recently passing on the costs of raw materials. paint is not a big factor when you talk about the cost of the house or renovating the house. same with waste management you do have contracts with cities and half the contracts have inflation connected links. they are able to raise prices if they see inflation it is utility like return. we like this stock here. >> sherwin williams. waste management peloton. that is a trifecta of names. kari firestone, have a great friday and great weekend see you soon. >> you, too. thank you, brian >>> you're very welcome. with that, we're done on "worldwide exchange. thanks for joining us. a heck of a week "squawk" and the gang are coming up next. i'm off ndmoay stay cool. it is going to be dangerous out there, my friends. have a great weekend . l

the human infrastructure taken out of the deal to you, brenda, you own waste management and sherwin williams, two stocks potentially beneficiaries of the human infrastructure waste management only only up fractionally and sherwin williams down yesterday. do we need to rethink what the infrastructure stocks are. >> i don't think so. i think looking at many of the companies within the sector, they're almost all beneficiaries of an improving economic backdrop especially with sherwin williams where there is the heavy component on the retail side and on the contractor side. both of which should continue to be healthy on the waste management front, you know, to the extent we continue to have more economic growth there is more waste to deal with. and the extent there are more demand for materials and those end up in landfills, that creates more value for those that are in that industry. to be able to realize. >> jim turning to you, one of your holdings cleveland cliffs about 2% down today. surprised at all >> no. i mean, first off let's call cleveland cliffs what it is, a workhorse thorough bred, h

we own sherwin williams, a big play on a new construction and renovations.i think the stock continues to perform. >> jim turner to you, you also own home depot i was looking at research from the farns weathero worth group people shows despite people vaccinated or unvaccinated do it yourself projects at the same rate which has been part of the home depot story and lowes do you see those trends continuing through the recovery? >> i do see them continuing. you know, i'll take your word recovery and just reconfigure that to say, during the economic expansion that the we are still in the early stages of, which is to say you're going to continue to see wages grow and jobs come back the economy is in very good shape. and that means people will will be building additions to homes renovating, going to be repainting so those stocks should continue to do just fine. i'm not going to get too throw thrown about what the home builders are doing and where interest rates are and did we pull forward demand from this year to last i don't care about that this is a multiyear pla

i still think that the investment in homes is not done yet, and with sherwin-williams we should see ads more contractor sales. certainly the housing starts numbers that we have seen have been supportive of that. so we do continue to think that there's going to be another leg to the story here perhaps. and, you know, i think that as things shake out and we all decide who is actually going to be working from home permanently or not or how often they're going to be, i think that people's homes are going to be, you know, a continued place of investment and, you know, paint is an easy place to invest relatively low cost. continue to think this is a great story. >> okay. we will watch that one another stock you own is u.p.s pete, you own it, too. upgraded to overweight at jpmorgan today the price target to $243 from $224, 20% upside from here that is the one that's up 90% in one year okay maybe this one is a little bit late, too, if you are upgrading it to buy now and you are raising the price target to where you are today, but what do you think about this call? >> i think they are a little

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ask sherwin-williams. >>> good morning.as other than san francisco in the mid coast. we'll have temperatures in the 90s to even up to 110 degrees. starting at 11:00 this morning all the way through 9:00 tomorrow evening. we have that excessive heat warning and the heat advisory. we central a spare the air, poorest air quality inland east bay and south bay and hot through at least saturday. reggie? >>> i'll take it mike. no worries. i know we're flipped around today. hi everyone. i'm going the start off with the crash here i'm following in redwood city. a bit of a slowdown in the area before shoreline boulevard on northbound 101. no injuries reported which is good news. again the busy spot always around this time the bay bridge bay bridge. metering lights came on. >>> gma is up next with rise and shine from oregon this morning. look at how the state is bouncing back from the pandemic. another abc7 news update in about 30 minutes and you can always find us ♪ ♪ ♪ small decisions make a world of difference. ikea. >>> good morni

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to great paint and stain brands at great values like $10 off gallon size cans of hgtv home by sherwin williamslowe's. home to any budget. home to any possibility. right now, she's not thinking about her work or her schedule. hi baby. -hey ma, how are you doing? i'm doing good, how are you? good. we are just on our way back from the beach. she's not thinking about her next appearance or even her book tour. no, she's thinking about something more important. and thankfully so is her automobile. the safest, most technologically advanced car we have ever introduced. cares for what matters. the new s-class. from mercedes-benz. >>> right now, get ready to pay even more for gas. why prices are going up tomorrow but we will show you one of the cheapest spots to fill up in the bay area. >>> the new gun control measures passed in san jose. >>> supreme court weighs in on evictions as renters are about to get some new help. >>> injuries from fireworks nearly tripling in the past year. the troubling report ahead of the 4thst july. >>> and the bay area gets a little jolt. we will take you live to the center.

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but i'm going with the steady eddies, adobe, sherwin-williams.e a products that competes with docusign it's expensive, always been expensive, but growing its top line 9% a year another one i like is sherwin-williams same thing, love the company, love management. they are proud of what they do you want to see a bunch of grown men get emotional about stocks listen to their podcast. so in the market that's. >> scott, what is your take on some of the biggest cape tech names like the adobes of this world? >> wilf, i think i mentioned last time i was on with you and sara, when we downgrade the sector i just mentioned, we also downgraded technology. as a whole, the sector looks expensive to us, but let's face it, if we're going to hit the targets for year end this year and next year, at about 20% of the total market cap, technology has to participate you're not going to make it to those levels unless tech participates we're leaning more toward the cyclical names, leaning less toward growth, but we certainly want to continue to hold at a full weight tech

ask sherwin-williams. >>> good morning. how is our traffic?erry glen road offramp. also now, a live look at the san mateo bridge. a problem spot for westbound traffic. still creeping along there. >> during spring? no, we are having spring during summer. look at these. mainly 60s for highs today. if you 70s inland. 50s along the coast. these temperatures are running anywhere from 6 to 13 degrees below average. we should be in the 70s and 80s . those won't return until at least friday >> you are saying it is jackets. got it good coming up, gma is saying rise and shine the weekend. how the state is bouncing back for the weekend and had the holy trinity of pizza places. the news continues now with gma. have a great morning. this is the silence volvo never wants you to hear. so we're as committed to protecting you in an accident, as we are in preventing them. this is volvo on call. is everyone okay? making us one of the safest cars in the us. and this year, iihs has awarded a top safety pick+ to all 2021 volvo models. >>> good morning, america. it'

sherwin williams says it's raising the price of paint 7%. inflation is sneaky like that. the other thing we're facing as you well know is shortages, part of the cause of all the price hikes. starbucks says it's running short of cups in some locations. and economists do wonder if high prices and shoreages of goods, everybody rushing out and doing things, buying things. people go to a baseball game because it's finally safe to go to a baseball game except they never went to a baseball game normally. they do it because they can. tesla will sell its first plaid car. the keys will be handed over to a new owner in a live webcast tonight at 7:00. it will be the fastest ever. it's not plaid. the name comes from a joke in the 1987 movie "space balls" in which there are two speeds above light speed. laura and marcus, elon musk a big fan. the falcon rocket is named after the millennium rocket. star wars is the first movie he ever saw, he was 5 at the time. i was 10 when it came out. i was terrified of darth vader. i can't imagine seeing it at age 5. >> scott, i am your father. >> do

first up, sherwin-williams, the company raising its sales and profit outlook for the second quarter on for strong demand for paint and other products but it also says rising costs with shares down 1% premarket. >>> next up, amazon is fielding offers to replace jpmorgan as the issuer of its credit card. bloomberg and synchrony bidding on it. on the portfolio that has more than $15 billion in credit card loans. >>> third, shares of lordstown motors are falling after the electric vehiclemaker warned there's, quote/unquote, substantial doubt it will be able to continue as a growing concern. that's due to problems of funding production of its pickup truck. lordstown warned it was in being listed >>> and wendy's up after surging 25% yesterday. the fast food chain becoming the latest popular stock toying with the mission that wendy's is a stock worth taking quote/unquote to the moon. and the shares up 5.5% on top of yesterday's gains right now in the premarket. >>> still on deck for the show, results from investopedia latest reader survey. and a spike in interest on meme stock and shorting st

to great paint and stain brands at great values like $10 off gallon size cans of hgtv home by sherwin williams. home to any budget. home to any possibility. >> all right. 6.54 is the time the giants are the hottest team in baseball and they've got the best league record in the league. 2. they always seem to struggle against the dodgers. so let's get to the 6th inning. you probably know how this is going to yesterday's match up in l a here's the action. brandon crawford hits this ball deep to the center field wall. that was good for a solo home run, which did cut into the dodgers lead. and the giants had numerous opportunities to put more points on the board. but for. just can get it done. in the end. that's ok giants, lose to the dodgers score. 3 to 2. the rematch is tonight at 7.10. meantime, the a's are going to be hosting the rangers at home. first pitch at the coliseum is at 6.40. >> 6.54 right now and warriors head coach steve kerr is headed to japan. he's going to try to help team usa when gold the coaching staff is led by spurs head coach gregg popovich and kerr is serving as an assista

demand for paint is so strong sherwin-williams will hike its prices 7% in august. now, the pandemic disrupted supply chains and consumer behavior working out kinks in distribution is causing shortages and price spikes. all eyes will be on the consumer price index that's out in just a few hours. the forecast a 4.7% price increase from last year. that would be the biggest jump in consumer prices since the summer of 2008. prices are rising almost everywhere you look and customers, they tell us they're feeling it. >> we buy different, sometimes it could be more expensive than what we usually buy, depending on a name or the product. >> the meats. the meats are more expensive. the milk, the eggs, bacon. oh, crazy prices. bacon is crazy. >> it has been a struggle, yeah, because, you know, with especially struggling with everything, you know, in regards to covid and then these prices. >> you have to make the necessary adjustments. you have to make the necessary adjustments, you know? to survi >> the fed has repeatedly said those price spikes will be temporary but increases

to great paint and stain brands at great values like $10 off gallon size cans of hgtv home by sherwin williamswe's. home to any budget. home to any possibility. we're back at 8.55. the bay bridge series between the a's and the giants wrapped up at oracle park. >> the a's managed to avoid the series sweep by the giants. so let's get right to the highlights. a's got on the board quick in the first inning they had this year from matt chapman. he got 2 runners home with that is it go on to score. a lot more coming down the stretch. in fact, final score in this one. >> was 6 to 2 a's with the wind factored pitchers. cole. irvin outstanding on the mound holding the giants scoreless through 8 innings of here's a bit of reaction rom members of both teams after the game. >> in the end of the day, it's. >> the baseball game. we wanted the team another w in the win and i'm pretty happy as long as the boys are happy about them down us today. so i think that helped so it was it was it was good. it was a good day when you have some say inc and you can you know, you can you keep the ball in the strike zone a

sherwin williams, talked about on this show and owned numerous times, down 3% freeport is down 14.5% dow chemical down 8.5% ppg is down 5% dupont, down 7%. honeywell is down 5% union pacific, down 2.5% ge is down 6%. whereas, i look at the growth trade, i have apple up 2.5%. it was north of 130, 130 and change, so it had finally gotten out of the 120s. microsoft is up a percent. amazon is up 4%. is this a lasting trend change now? >> well, you know, i think that it is this healthy rotation that we've been talking about for most of the year though, scott i mean, honestly, we've been bringing this up time and time again. when i say rotation, you know me i'm not really the guy who talks about value, quote, unquote, stocks i think there are stocks where you have incredible growth, of course you look at the old tech and you look at semiconductors and you look at that sort of area there we probably view as that area of much more on the growth side i tell you what, i think there are quality names out there as well that maybe don't have the same kind of fuel to go to the upside, like we see

to great paint and stain brands at great values like $10 off gallon size cans of hgtv home by sherwin williams. lowe's. home to any budget. home to any possibility. what if you could push a button and less carbon would be put into the air. if there were a button that would help you use less energy, breathe cleaner air, and even take on climate change... would you press it? >> 6.14 and ahead of july 4th law enforcement fire departments. east bay all teaming up to crack down on people who are looking to possess sell or set off illegal fireworks 0 tolerance, we get steve hill with the contra costa fire protection district. he says this new ordinance is going to help them. >> with these investigations and with these arrests. >> law enforcement to now charge here in contra, costa county. anyway to hosts of properties where fireworks displays occur. nonetheless, we do see them and hear them going off. but there's more going on the conditions are right for really disasters fires this year. fireworks burn some something north of a 1000 degrees fahrenheit. every one of them. so they are all but certain

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chipotle is raising menu prices by 4% as it hires more employees and is raising pay sherwin-williamsng. we were talking about the issue of transitory versus permanent this is permanent. >> right. >> this is real. >> this is not going to go away. >> any time soon, if ever. >> yeah. once prices go up, once wages go up and once prices at the counter go up, they don't come back down. >> cloud computing company fastly issuing an apology. we talked about this yesterday because it was happening while we were live on the program. there was the major internet outage that took place yesterday morning. it found a bug in its software that triggered the outage. one of the customers changed settings fastly said it was sorry for the broad and severe impact and the problems that they say should have been anticipated. it shut down sites like the u.k. government's home page, "new york times," financial times, guardian, cnn and lots of other news services that use that technology. >>> there are a lot of questions about what's really going on inside the labor market and a closer look at the numbers does

to great paint and stain brands at great values like $10 off gallon size cans of hgtv home by sherwin williamsme to any possibility. [ birds chirping ] oh. oroweat small slice. i wonder if this has the same quality ingredients as the original whole grains bread? great question, dad. and it does. it has all the same nutritious deliciousness as the original slice but only a little bit smaller. just like timmy here. my name's lucas. it sure is bobby. enjoy family. enjoy. he looks smaller in person. i heard that. what if you could push a button and less carbon would be he loput into the air.rson. if there were a button that would help you use less energy, breathe cleaner air, and even take on climate change... would you press it? >> from the area's local news station. you're watching the kron 00:00am morning news. good morning, everybody. happy saturday. thank you for joining us on the kron 00:00am morning news. happy pride weekend as well. marty gonzales and i'm noelle bellow it's saturday. june. 26, we do have a lot to get to do this morning. but we do want to start off by looking at the weather

♪ ♪ color snap color id from sherwin - williams. nearly 3 times longer than any other chew.tist chance the rapper performing there with justin bieber, and this morning we are very excited because chance is joining us live for our summer concert series. he has some great performances for us. >> his last performance was incredible. >>> first the top headlines we're following including the double threat. more than 60 million americans on alert for flooding. a tropical storm warning has the south bracing for dangerous flooding and the historic heat in the west. we'll be tracking all that this morning. >>> also, right now the affordable care act survived its third major challenge at the supreme court. the justices voting 7 to 2 to dismiss the latest challenge to cancel president obama's biggest achievement. we'll have more on the ruling in the next hour. >>> the new guidance from the cdc on cruise ships, lowering its assessment to the risk for passengers. >>> guys, we have a game seven. last night it was game six between the bucks and the nets. the bucks showed up. they've evened

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paint and stain brands at great values like $10 off he lo gallon size cansrson. of hgtv home by sherwin williamsr 50. that's a lot of living. so make sure the good things in life live as long as you do. this is just slo-mo karate? just slo-mo karate. the younger you are, the more you need aarp. join today. >> well, in south florida, search teams are continuing to look through the rubble for the victims of the partial condo building collapse. and this morning, officials say 156 people are unaccounted for and the death toll now stands at 5 reporter brian entin has the latest for us. those is sprayed water over the surfside collapse site as the fire continues to burn beneath the surface. >> by afternoon. most of the smoke had cleared and search and rescue crews were back on top of the pile they continue looking for any sign of life as we're continually still use our resources or sonar equipment for sound. and no, we haven't heard sound for a while. >> though, new sound to indicate life. but firefighters say there is still hope, especially because crews say there are crevices and it's still possible