what he's been called the anti-sheryl sandberg. all that in a moment.irst i want to get a look at markets. they seem to rally yesterday, but maybe a little too far. the fed is on track to stay aggressive about fighting inflation, but what are investors thinking? ed: there is a lot of red on that screen, but equity markets have been higher and then they turned a corner. the nasdaq 100 down 0.7%. it coincided with a push higher in yields, u.s. 10-year yield raising 11 basis points, 2.88%. we are zeroed in on apple, it has such a significant impact on the market given its weighting on the major indices. it has been doing relatively well coming off the june those. look at this terminal chart. we are talking about apple stock, at a record high relative to the s&p 500. the s&p came off its june lows. but it's weighting as a portion of the s&p 500 is also at record highs. it is having a significant drag on the market. bloomberg reporting on thursday that according to sources, apple has instructed suppliers to prepare to make 90 million handsets this year. so i

now i want to pivot to meta and sheryl sandberg's successor. so different than her, you might call him the anti-sheryl sandberg. he rarely speaks publicly or even post to facebook or instagram but he has had a hand in all of the major competitive battles and acquisitions. it was him who expanded the service to unprecedented size and power. for more of this i want to bring in kurt wagner. >> his personality is very different in the role he's going to play. sheryl sandberg, we see her all the time she's a best-selling author and she's out speaking publicly. she is shaking hands with politicians. javier is none of those things. he is low-key and influential but even inside his own company, people don't know who he is. he's a very different personality but here he is stepping into the same title a similar job and it's huge job given everything they're going through. emily: what does that mean for meta culturally? if people inside the company don't know who he is, does that matter? >> it kind of reestablishes or further establishes mark zuckerberg a

zuckerberg brought in sheryl sandberg to make that work and she did before leaving. >> bank of america put meta on the u.s. one list. >> what does that mean? liz: they love it. meta doing pretty well. >> i see back and forth on that, whether it is, so what else? liz: you're not going to buy pixel eighted shoes to wear in the med metaverse. >> what is balicienga? liz: okay. >> suffice i don't wear them. are they a brand, johnson and murphy? liz: they are awesome. six minutes to go before the closing bell rings. looking at 500 plus point gain for the dow. today's rally sent the dow out of correction territory. it is up 3% from the june 17th lows. nasdaq exiting bear market, kegging off a -- kicking off a new bull run. it is 7% off the low of june 16th. a gain of 300 points on the nasdaq this is a day to remember certainly for anybody who kind of started buying a couple weeks ago. it all comes back to the fed, does it not? what the federal reserve wants higher rates are bringing down inflation. today's "countdown" closer says don't fight the fed. okay, we knew that but he has a different

the one i have is when i called sheryl sandberg and i said hillary clinton is not a lizard for that matter she is not a lizard. you can take all down the conspiracy theories that she is a lizard and it led to pedophiles and things like that. >> what you imagine they are going to do now? what do you think's going to happen? lenny was doing this group where he tries to expand it. whatat happens next from your prospective? >> while at the end of last year there were four separate defamation lawsuits filed by the families of 10 victims. alex jones has lost those because he refused to cooperate and keep track of business records or provide a deposition that he basically took himself out so they want to us a sweeping victory for the families. but it means that now a couple of weeks from now the trials will begin so juries will assess the damages. >> all the days lost in all the juries have to do is decide, chi should pay them in damages. and he will of course declare bankruptcy. >> he's already scurrying and running and juggling a web of llc's body hastert tried to hide his income. >> and the pa

the kind of thing where i would say the one i had is when i called it was sheryl sandberg and i said hillary clinton is not a lizard. i have met her. can you take out all these conspiracy. that she's a lizard and it's under her skin and it ultimately a pedophile and this and that. what do you imagine they're going to do now, what you think is going to happen, lenny is doing this for where he's trying to expand it. what happens next fromyour perspective . on alex jones so at the end of last year there were four separate defamation lawsuits filed by the families of 10 ilvictims. alex jones has lost those suits because he refused to cooperate and to give his his miss records or to provide adequate depositions. so he basically just default it himself and so they want. it's a sweepingvictory for the families . but it means that now in the spring just in a couple of weeks from now the trials will begin so areas will assess damages. so all that he's lost and all the juries have to do is decide how much you should pay them in damages. >> and he will of course declare bankruptcy. >> he's alre

well, i'll going meta executive sheryl sandberg type and not this weekend coming up in the next half and are prolonged heat is taking a big toll on the crops across the state this year. next how are farmers are scrambling to save their orchards when we come back? when it comes to my flooring needs, floor and decor is my go-to to get it all. that's because they've got my back with the benefits and services i actually want and financing options to help take my business to the next level. floor and decor just...gets it. and with a partner like that, i get more done. discover floor and decor today! californians have a choice between two initiatives on sports betting. prop 27 generates hundreds of millions every year to permanently fund getting people off the streets a prop 26? not a dime to solve homelessness prop 27 has strong protections to prevent minors from betting. prop 26? no protections for minors. prop 27 helps every tribe, including disadvantaged tribes. prop 26? nothing for disadvantaged tribes vote yes on 27. gas prices might be coming to an end. researchers at gas buddy say