teradyne crushed earnings were good it is the guidance that's scaring investors.he company lowered guidance as they ramp up production for a new chip shares down 25%. >>> today's early gainsfaded and the safety trade is working. netflix today getting a boost as bill ack mman buys the stock those stories coming up next feel a little closer... ...with engines that power planes more efficiently. because seeing a better-connected world isn't far in the future. we're building it... now. ge. building a world that works. >>> welcome back today it is time for a power rundown. the big bet on netflix neil young's bluff and spending spree for peacock. casey, welcome let's start with bill and this purchase of more than 3 million netflix shares. >> good to be hire. >> no word on whether he would -- do you think he'll try to shake things up >> well, you hasn't mounted an activist challenge in a long time, and when you read what he said about this pu purchase, he seems excited about netflix over the long term those shares were down about 50% from their high and i think he saw th

. >>> gut check on teradyne.earlier losses, but they're still in the red after plunging 25% yesterday. earnings, they were strong it is the guidance that's hitting the stock leading to at least five price target cuts it has been a rough start to 2022 for teradyne year tdao te stay with us "tech check" will be right back. as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean

. >>> and finally, check out what is happening with teradyne shares down 15% sinking after first quartere fell short of projections. that after fourth quarter results from testing and automation markets it manufacturing testing equipment for samsung and intel and texas instruments and ibm among others. >>> let's get a check of the other top headlines with frances rivera in new york with the latest good morning, frances. >> good morning. president biden is wading into the battle of the supreme court. the source confirming to nbc news that justice stephen breyer is scheduled to appear at the white house with the president the 83-year-old justice is expected to formally announce his retirement from the bench. as for who could take his seat ketanji brown jackson. she was confirmed last year for the u.s. court of appeals for the d.c. circuit also in the mix is judge leondra kruger who has served on california supreme court since 2015 she argued several cases before the supreme court. if confirmed, the 45-year-old would be the youngest justice on the bench by five years. >>> and the growing ch

all 11 sectors of s&p 500 on the upside a terrible week last week for semiconductors teradyne clobberedest why this is the important thing. seeing more buying interest late in the day on friday same with industrials. some disappointing reports of general electric, for example. textron. caterpillar with a fairly good report and didn't say anything about 2022 it was down and 211. went down and trying to stay positive at this point here been a drag on the dow energy stocks holding on going into the earnings for some of these companies and been a big market leader in the month one sector held up only 3% of the s&p 500 banks did well new highs on most. dropped about 10% in the 2 weeks or so after the earnings reports and stabilize. you can see the overall market is finally starting to show broader buying interest. after for what to look for, a number of people whose opinions i respect messaged me about the ism manufacturing tomorrow we bottomed on friday with reports coming out the ism has a component to it, prices paid, down in december and some of the bulls are saying watch this if we get

. >> and constraints on apple, teradyne down as well.customer see you in a little bit, julia boorstin on apple. >>> and shares down nearly 70% just since their last release and 85% below the 52-week high is robinhood volatility, waning meme stock media. what can turn it around? kate rooney has the story on hood having another tough session, kate? >> right stock's below $12 today. analysts keeping an eye out they're diversifying from be a pure play stock brokers. and want growth in crypto. rolled 0 ut wallets. progress on that side of the business and future for robinhood and what does this company look like five, ten years down the road? bull case has been this company could be a full suite of financial services for millennials and gen z. have to show it in quarters coming up. account numbers that are big, how many clients did robinhood bring in cuts down from, in the third quarter from the prior quarter that's been a down trend and looking for uptick there transactions based revenue still there the their bread and butter, how they make

lamm research and teradyne were disasters last week. the money that came from those investments went into goldman sachs, which is a new position take me through that >> i had owned lamm research since march of 2021. terrible report. i owned interactive brokers for a couple of months it has done nothing but deteriorate. i think retail participation is doing to decline further so i had to get out of both. i wanted to go into a financial institution and i went back and looked at goldman sachs, i know jimmy's going to be happy about this i sold it at about 355 post earnings picked it up a little lower. it's a company i know. it's a company that when i survey all the capital market financial institutions that i have able to me, it still scores the highest. that's why i went back into it i had cash available to do it. on the other side, lamm research, i wanted to be in semis. lisa, her guidance is very strong i sold lam research early january at 128 amd, sorry sold amd at 128 early in january. able to pick it up below 105 i want exposure in t

and shares of robotics maker teradyne having a bad day as well. investors balked when the company gave weak guidance for the first hatch of the year which -- half of the year, saying it expects slower testing demand this year before accelerating again in 2023. shares getting smashed here, down 24% at the moment. now, as the federal reserve gets ready for liftoff -- or not, i mean, a lot of confusion there -- which sectors will do the same for your portfolio? the ceo of kbw, one of the nation's leading investment banks catering to the financial services industry, has some pointed picks and opinions about who's going to do well in a somewhat ambiguous atmosphere, or is it? it's a fox business exclusive. closing bell, 48 minutes away. we've got the dow jones industrials now back in the red, down 70 points. we are going to check how many times it crosses the line in this hour. it's been a nutty week. "claman countdown" is coming right back. ♪ ♪ and it's easy to get a quote at right back. ur shipping manager left to “find themself.” leaving you lost. y

take a look at shares of teradyne there they are down more than 22% this week steve weiss ran all theing to avoid having to deal with this one, but we have tracked him down and he is on the phone to tell us what did you do with this position, steve weiss? >> so i'm at a construction site in london, scott nice of you po poto point it ou. it was way too big they took numbers down from this year from 630, and 640 to 480. so just because the shares have corrected, it doesn't mean they've gotten cheaper as a matter of fact, they deserve the premium multiple and they continued to raise every quarter and when you raise this much you deserve a p.e. discount so i think the stock is overvalued and i think maybe the market bounce, maybe monday, maybe not. rega regardless, 20% of their earnings come from apple and that's because apple's reusing equipment. i also believe there will be some double ordering in the semis and so i'm going to be more cautious on the semis and that's reflected so i'm just going -- i'm staying with the safe stocks and i bought more facebook below 300 and that's my positi

notgoing to get out of thi segment, weiss, before i give you a chance to -- i don't know what on teradyneoids which is getting absolutely destroyed today and you have a position there. so i need you to talk about it >> i guess a couple of months ago i sold half of it with a small position with a monstrous freakin' loss today. so thank you for bringing it up, and sometimes i need humility and it doesn't aufshoften happe scott. >> it's what i'm here for, steve. >> thank you you do that job well >> i don't know how they missed. this is not a start-up this is not a company where they don't have visibility into what they're doing and so i've never seen anything like this, frankly, when you take the numbers down on a company that you have to show them that this is what you want to do with them months and month ahead of time, and it's bad management. a little bounce, all dogs bounce even though they're jumping off a couch. this will bounce and i'll get out. no patience for it >> when we come back, we will discuss the new netflix position and bill ackman. that stock -- there it is. a big winner t

about 40% of the tech stocks are down 20% or more including some of the big semiconductor names, so teradyne nvidia about 30% off its highs and still expensive. 40 times 2022 earnings so we've got about 15% of the s&p 500 reporting. we've talked about lower multiples being an issue and a little earnings pressure starting to emerge 79 companies reporting the average beat is about 8% still not bad, but remember last quarter, we were getting 13, 14, 15, 20% beats. only half of what they were in the prior quarter. still pretty good, but not the same not as many companies are seeing their earnings raised. it's about the first and second quarter we're interested in. right now, about 30% of the companies are seeing their first quarter earnings reported. last quarter, it was over 40%. so they're not raising the number so here's the dilemma. we talked about the multiple compression in the earnings issue. there's a simple equation. we've had very modest earnings growth expected for 2022 about 8% and we're getting the fed withdrawing liquidity means the multiple starts coming down you're getting sub pa