you can't beat turkey hill memories. talk to me. what do we got? when you have xfinity xfi, with blazing speed... [ screaming ] a powerful connection. that's another level. and ultimate control. power us up. you can do more than you ever thought possible. yes! hold on. get a powerful and secure connection you can count on. only with xfinity xfi. and see f9 only in theaters. ♪ ♪ >>> let's look at markets right now. the dow up fractionally on the day. nasdaq higher 37 apppoints after the record high last week. nasdaq gainers it will be led by marvel technology and baidu and micron. >>> still on deck. why the f9 blockbuster weekend is much more for the movie industry to get back on track. >> announcer: today's big number 52.9%. that's the drop in total worldwide ocean cruise revenue from 2019. according to cruise market watch. that's 13.9 million nuizanaled passengers carried roughly half pre-pandemic levels dr. arnold t petsworth had an influx of new patients. so he used his american express business card, which offers spending power built for his bu

you can't beat turkey hill memories.a for full approval of its covid vaccine. that process expected to take months if the agency signs off on the shot. moderna could sell directly to private companies across the country. as more americans get vaccinated, cases continue to drop nationwide. new york city was once the epicenter but yesterday the mayor bill de blasio said the city recorded zero covid deaths. in michigan, the state lifted capacity limits on outdoor events starting today. starting today in pennsylvania, the governor slashed nearly all restrictions on businesses, including restaurants, hair salons and gyms. >>> and check out las vegas. the strip, bustling again. nevada reopened at full capacity today after roughly a year of strict safety measures travel expert brian kelly, aka the points guy, joins us to talk about the reopening of america, brian. i wonder, for those who have not traveled in a while, what would you tell them? what should they expect? >> expect crowded airports, packed planes and even in vegas t

you can't beat turkey hill memories. welcome back here is your cnbc news update. in hong kong police stopping pro-democracy celebrations of the anniversary of the tiananmen crackdown. authorities sited the pandemic for banning events >>> for the second year in a row, the singapore grand prix is being cancelled. it requires lengthy quarantines for mozamst visitors from abroa. they could bring a second race to the u.s. this year. >>> back here in the u.s. and california severe drought drying out many reservoirs are averaging 50% below levels >>> send it back to you. >> thank you >>> face-to-face meetings became impossible enter out reach and ai driven platform to maximize sales close to $200 million funding round as valuation tripled to nearly $4.5 billion. what's next? out reach continues to grow post-pandemic. let's bring in cowill have founder and ceo manny. i want to put this in the context of what we see happening. consumers are spending again they are spending a lot. people coming back to the office there's money for

you can't beat turkey hill memories. (vo) this is more than just a building.d investment firm with billion-dollar views. a cutting-edge data-security enterprise. yes, with a slide. a perfect location for the world's first one-hour delivery. an inspiration for the next workout cult. and enough space for a pecan-based nutrition bar empire. it could happen. this is where dreams become brick and mortar. find yours, on loopnet. this is wealth. ♪ ♪ this is worth. that takes wealth. but this is worth. and that - that's actually worth more than you think. don't open that. wealth is important, and we can help you build it. but it's what you do with it, that makes life worth living. principal. for all it's worth. >>> good afternoon, everyone welcome to "power lunch. welcome to all of you on this first day of june. markets are heading into summer with lots of optimism. will the sun continue to shine on wall street, or are there dark clouds on the horizon >> we'll also talk about things booking on the strip tillman fertitta telling us las vegas has never been

you can't beat turkey hill memories. it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...delegating? oh, good one. move your xfinity services without breaking a sweat. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. >>> welcome back time for the big money movers. three big stock stories of the morning. first up, a two-fer. boeing and airbus. the financial times reporting that the u.s. and eu are set to resolve a 17 year fight over aircraft subsidies it could be resolved today with the president's summit in brussels that we talked about would lift the billions of dollars in tariffs and boost trans atlantic relations. >>> amazon will open the first full-sized grocery store in washington state on thursday the new amazon fresh store will feature just walk-out technology where you don't have to go through any checkout

you can't beat turkey hill memories. the epson ecotank. no more buying cartridges.s ink it comes with. big ink tanks. lots of ink. no more cartridges. incredible amount of ink. the epson ecotank. just fill and chill. in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. >>> now that massive fire burning at a chemical plant in illinois sending plumes of smoke into the air and forcing evacuations. it's happening in rockton, 80 miles north and west of chicago. fire officials are telling anybody within a one-mile radius to get out now and the fire could be burning for days. it started with an explosion soon after 8:00 eastern this morning. the fire chief says they don't kno

you can't beat turkey hill memories. keeping your oysters business growing has you swamped. need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo [ "me and you" by barry louis polisar ] ♪ me and you just singing on the train ♪ ♪ me and you listening to the rain ♪ ♪ me and you we are the same ♪ ♪ me and you have all the fame we need ♪ ♪ indeed, you and me are we ♪ ♪ me and you singing in the park ♪ ♪ me and you, we're waiting for the dark ♪ >>> well, not big gains but any gain is another new record new record highs fors nasdaq and s&p 500 today. well, it's another big day right here on cnbc, because our financial adviser summit is happening right now. and squawk box superstarbecky quick, speaking with omega's leon cooperman and joins us with the highlights i heard it was a wide-ranging convo. what are the key take aways becky. >> it was fun. and brian buy the way you are own ironman i remember seei

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you can't beat turkey hill memories. >>> the new rules cannot be set by the g7 companies alone.big and small. with the new rules in place, singapore will adjust accordingly to be in line with the global consensus, and also in consultation with businesses here >> that was singapore's finance minister speaking at cnbc's evolve global summit earlier today and it had to do with the g7 agreement this past weekend on the global tax. singapore's foreign minister effectively saying, yeah, not going to happen here by the way, evolve continues today. check out cnbc.com/events. >>> let's talk vaccines, but not vaccines that have to do with covid, because despite all of the health attention being rightly focused on covid in the last 15 months there's still really big stuff to fight including one called rsv and big pharma is racing to solve it according to your next guest, this could be a $10 billion market or more let's talk more about it with jeff porgis, he's director of svb leerink. one of them calls rsv, what is it and what kind of a market for vaccines do you think there might be >> al

you can't beat turkey hill memories. it started with an idea... and became a new tradition.olutions will help you get there as you plan, protect and retire. uno, dos, tres, cuatro! will [sfx]: typingthere [music starts] [sfx]: happy screaming [music ends] >>> welcome to "power lunch," everybody. i'

you can't beat turkey hill memories. wanna help kids get their homework done?ion's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >>> good morning the fed shifting the timeline for interest rate hikes. we have the key take aways and a look at how investors should prepare. >>> a group of bipartisan senators are whipping up support for the infrastructure plan. at least 11 republicans are on board. some progressive democrats are balking at the terms. >>> big vote of confidence the microsoft. satya nadella named chairman today is thursday, june 17th, 2021 "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc i'm becky quick with andrew ross sorkin with mike

you can't beat turkey hill memories. talk to me. what do we got?ng speed... [ screaming ] a powerful connection. that's another level. and ultimate control. power us up. you can do more than you ever thought possible. yes! hold on. get a powerful and secure connection you can count on. only with xfinity xfi. and see f9 only in theaters. ♪ ♪ >>> good morning financials in focus. after getting the all clear from the feds, wall street's biggest banks are handing out cash to shareholders with one exception. >>> facebook joining the trillion dollar market cap after the federal court dismissed anti-trust complaints. >>> and cathie wood's bet on bitcoin. ark has come back. we will take a look at the

you can't beat turkey hill memories. >>> welcome back saying so long to overdraft fees and hello to earth's nearest neighbor and owning a piece of his air-ness contessa brewer is back with the trending stories mars is so 2020, contessa. >> reporter: let's get on to 3008 let's start with ally bank ending overdraft fees on all accounts the first largest u.s. bank to do so. overdraft fees help to boost the banking industry profits those fees hurt primarily poor people who struggle. ally says no more overdraft fees >>> sneakers for sale! at christie's. it will put up for bid rare air jordans. 90 pair. the first 1 through 14 originals. i don't know what that means the auction will feature early prototypes and sample pairs that were critical in the development of the air skjordan brand and pairs worn by teammates and competitors of jordan. >>> nasa announced two new missions to venus to study the geological features. the robotic missions launch between 2028 and 2030. it will offer the opportunity to explore the planet the u.s.

you can't beat turkey hill memories. wanna help kids get their homework done?s a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >>> so ever since the movie "jaws" freaked everybody out of going into the water, the great white shark has gained mythic status as an apex predator of the sea. now there are a whole lot of them take a look at this. each one of those pulsing shark icons you see there is an actual shark being tracked in real time along the eastern seaboard in this last week four spotted off the coast of new jersey and new york, one off rhode island experts say that's just a fraction of what's out there as they migrate north towards cape cod. this coming video here of a great whi

you can't beat turkey hill memories. uno, dos, tres, cuatro!sfx]: typing [music starts] [sfx]: happy screaming [music ends] >>> six and a half minutes before we get started with trading this week. let's get to our first mad dash as we count you down to that opening bell tesla has had a pretty good move, hasn't it? >> yes, it has wedbush says this china situation with the recall moment of truth, david, that's the term they used. 285,000 cars, safety on auto pilot. by the way, tony sag negi comes out and says the tesla owners, still fervent supporters but starting to think that, you know what it's no longer rabid no longer rabid. so david, the moment of truth in china, i personally think this is not the moment of truth i think people like tesla, but i just want to say that if tesla survives the moment of truth call from wedbush, then it's to the moon, yolo >> really? to the moon, all right >> yeah. >> still down on the year as you point out, a cathie woods stock along with some of those others that you mentioned in terms of gene editing still dow

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you can't beat turkey hill memories. it's not some magical number. and it's not something we just achieve at the end. it's a feeling... of freedom to live our lives the way we intended. though the ups... ...the downs ...all of it. this is financial security. and lincoln financial solutions will help you get there as you plan, protect and retire. this is lincoln financial. wanna help kids get their homework done? protect and retire. well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >>> welcome back. time for the three movers of the morning. tesla. prices are higher because the supply chain disruption. musk was responding to a twitter user who says

you can't beat turkey hill memories. >>> welcome back to "squawk box.s of amc hitting an a all-time high. the surge fueled by retail investors who account for 80% of the retail base. joining us now is jj at tdameritrade also -- i apologize. the reporter at wall street journal. jj, let's talk with you. just to understand how much of this you think is the retail trading base and how much you think is the professional institutional trading base riding the wave or trying to take advantage of the retailers? >> this is tough to say which one is which, andrew obviously they have been popular with our clients overall i look at what we saw in amc you and i talked about this about a week and a half ago. amc particularly traded significantly more particularly what is interesting to me is trading picked up on thursday and friday. particularly with a buying bias. tuesday was a little bit lighter and yesterday, of course, was just absolutely insane blackberry is another one. blackberry yesterday traded 20 times what it traded in mid-may in terms of the stock buyer. t

you can't beat turkey hill memories.business, it's never just another day. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it. comcast business powering possibilities. >>> welcome back, everybody. let's catch you up on a few stories that should be on your rye darr it is time for rapid fire. here, julia boorstin, kristina partsinevelos and joanna stern first topic, is twitter unveiling officially its first-ever subscription service? they are kulg it twitter it is the inverse of what i thought they were going to be doing. they are aiming a the power users to pay up. i thought they would aim at the regular users to pay for access to the power people. but there are cool tools it starts in australia and canada, right? >> that's right. it will be roughly u.s. $3 a month, and australia and canada. we don't know how much it will cost in the u.s. or when it will launch in the u.s. to your point that you expected them to do something

you can't beat turkey hill memories. keeping your oysters business growing has you swamped.d indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo >>> good friday morning. welcome to another hour of "squawk on the street. i'm carl quintanilla with morgan brennan and david faber. people perhaps looking for a more gradual move by the fed the dow is on pace for a second week up. nasdaq going for three week and we're not that far away from record closing levels. factory orders are out let's get to santelli. >>> carl, we know there are issues, fly issues i think you're seeing it in the numbers. factory orders for april down .6 %. that's down triple or estimate of down .2 transportation, transportation was the negative because without it, you jump up to up half of 1% up .5 extransportation durable goods, the mid month reads toss them for the april final read mid month minus 1.3 on durable goods remains at minus 1.3 extransp

you can't beat turkey hill memories. >>> all right. up with some investment committee moves tiffany, you bought more target and american airlines. why? why now? >> so, they're both staples for us so, you know, target is -- let's just get it straight -- target they're benefitting from their competitor store closings. they're also seeking momentum in the buy online and pickup in store. as a matter of fact i don't think you need to go into the store. they can bring it out to your car. so, we love it for those reasons. american airlines, obviously it's definitely benefitting from the reopen but this is a stock we owned well before the pandemic and held it during the pandemic. but now we're adding to more -- we get a new client. so, these are true staples >> target is one of those stores where i go in and i always invariably come out with more than i thought i was going to come out with. >> it's a black hole for your money. >> yeah. joe, final trade with joe. we'll start there. >> tyler, i'm going to reiterate my position. fortinet is a com

you can't beat turkey hill memories. >>> welcome back to "fast money.gs tumbling today as the short seller takes aim let's get the details, hi contessa >> hi courtney hindenburg report attention getting acquisition to draftkings finding link to black market mafia, illegal dealing around the world through back end tech provider sp tech. in response -- hindenburgburg research's report -- they're comfortable with the findings draftkings went comfortable with three-way merger with spac last year but integrating to over hallintegrating technology until proprietary tech is it aing is complete it's really the tech not the revenue that's important sharp alpha advisor is a vc firm focused on sports betting and manager partner remains bullish, told me today no one in game something surprised by foreign companies tied to gray or black markets in the past, but that they go through an over haul process to pass rigorous oversight by u.s. regulators saying -- quote -- credit suisse analyst in a note said if revenues were to go away entirely we think there will be mini

you can't beat turkey hill memories.ally goes into your multivitamin? at new chapter, its' innovation, organic ingredients, and fermentation. fermentation? yes. formulated to help you body really truly absorb the natural goodness. new chapter. wellness, well done. >>> jbs expecting most of the plants to function normally today following a cyber attack which temporarily hobbled the operation. >> david, we saw those operations really hobbled yesterday, down 22% in terms of cattle production versus a week ago, so you can see the immediate impact the cyber attack had, but the ceo of the companis saying that things are going to get back to normal. here's the statement from last night, referring to getting back up and running today the o saying, given the progress our i.t. professionals and plant teams have made in the last 24 hours, the vasmajority of our beef, pork, poultry and prepared food plants will be operational tomorrow that is today. wednesda who's behind this? well, a source confirms to me this morning, that the gro

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you can't beat turkey hill memories. uno, dos, tres, cuatro!py screaming [music ends] >>> hi, everybody. let's get out to our cnbc news update. >> hi, kelly hi, everyone here's what's happening at this hour president joe biden will announce 300 million vaccine shots have been given to americans since he took office all adults getting one shot and only 5% of americans were fully vaccinated when biden took office still unlikely to hit his goal of at least one shot per 70% of all adults by july fourth. on the news the interview of the hospital executive facing rising numbers of covid patients and tracking variants at a waste water plant. >>> overseas in hong kong two executives charged with collusion. condemned the arrests as attack on freedom and a daeanish soccer player who collapsed during a championship game returned from the hospital ekikson now has a heart device in his chest scary moments. back to you. >> when did this happen? his heart stopped on the field >> i believe during play, yeah, exactly. play was stopped >> wow, holy cow great to

you can't beat turkey hill memories. >>> welcome back to "fast money.eneral motors accelerating today, the automaker announcing plans to spend another $8 billion on it's ev-ambitions, let's get details, hi, phil. >> courtney, this is the third time we've heard from general motors in the last year and half they said this is how much we will spend developing electric and autonomous vehicles through 2025 and look how the spending has increased. before the pandemic they said we'll spend $20 billion through '25 and upped it to $27 billion in november last year and have increased it again to $35 billion. one of the key points in their extra $8 billion that they're going to be spending, the development of two new battery plans. -- plants. so they're going to have four here because u.s. ev sells expected to sell more than 1 million vehicles in the industry by 2025 and general meteor -- motors intended to by a big part of that those four plants are key part of meeting demand. >> i have confidence that with these four battery plants that we'll have by the end of

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you can't beat turkey hill memories. welcome to allstate.car insurance, you can take your home along for the ride. allstate. better protection costs a whole lot less. click or call to bundle today. >>> u.s. troops coming under rocket fire just hours after president biden ordered airstrikes against facilities used by iran-backed areas. a pentagon official says nobody was hurt the white house says president biden ordered the airstrikes is self-defense after militias launched a series of drone attacks against u.s. troops. >> the targeted strikes were directed at facilities used by iran-backed militias used in these ongoing attacks for purposes including weapon storage, logistics and unmanned operations >> theair strikes come at a sensitive time as the white house works to revive the iran nuclear deal a pentagon spokeswoman says the strikes were necessary to send a message to iranians that there will be serious consequences if they continue to train and arm militia groups that attack u.s. troops >>> investigators are treating the burning of four

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you can't beat turkey hill memories. >>> welcome back to "squawk box..e.c. request for comment on corporate climate changes disclosures. diana olick joins us with that >> reporter: good morning, andrew this could have big ramifications for companies and stock prices and investors in the comments to the s.e.c., the business round table reports that they want to disclose the climate considerations annually. it will result in better long-term risk adjusted returns for clients. companies are assessing physical risk, floods, hurricanes and fires. also transition risk that is as the world changes to a lower carbon economy, how will the changes hit operations and supply chain some of the largest insvesinves are asking for it. >> you have to look at the risk tools and measurements associated through the company engagement, we want companies to disclose and be transparent with us >> reporter: in a recent public filing, krispy kreme listed climate under risk factors the hurdle is to create a standard for climate risk and qualify and quantify for it, andrew >> her

you can't beat turkey hill with a bang. energy and change came to every part of our universe. seismic or small it continues. (♪ ♪) change is all around us. (♪ ♪) shaped by technology and human ingenuity. we can make it work for you, and your business. let there be change. accenture. this is wealth. ♪ ♪ this is worth. that takes wealth. but this is worth. and that - that's actually worth more than you think. don't open that. wealth is important, and we can help you build it. but it's what you do with it, that makes life worth living. principal. for all it's worth. >>> happy friday "options action" fans i'm melissa lee. we are back at the market site in times square. we have a big show coming your way. straight to it, the biggest story in the market this week, the blockbuster performance from amc, the hollywood comeback like we have never seen before. shares of the movie theater gaining more than 80% this week. but the show stop they are the options pit. the ramp up began last week. but consider this wednesday amc alone made up 15% of all options activity in the united states. a

you can't beat turkey hill memories.her day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. >>> welcome back to "squawk box. apple working on a new ipad pro and mini it is set to be released in 2022 the design change in testing for the ipad pro is a switch to a glass back from the current aluminum enclosure i'm an ipad pro user i'm looking forward to it. >>> all right. coming up, i think i have one with a crack in it i don't know >> you have to buy a new one >> i don't want a new one. i don't think. >> look. >> hey >> someone showed up with a "squawk" shirt >> on tv i hope you set your vcr. there is one out there you are the one. >> our viewer. you're the one

you can't beat turkey hill memories. ♪welcome back to that same old place♪ ♪that you laughed about♪ ♪well, the names have all changed♪ ♪since you hung around♪ welcome back, america. it sure is good to see you. limu emu... and doug. welcome back, america. so then i said to him, you oughta customize your car insurance with liberty mutual, so you only pay for what you need. oh um, doug can we talk about something other than work, it's the weekend. yeah, yeah. [ squawk ] hot dog or... chicken? [ squawk ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> weather alert, this heat wave is dangerous, and it's still gripping t >>> weather alert. this heat wave is dangerous. six states are under excessive heat warnings. spokane in spokane, temperatures surged to 112 that shatters an all-time record set 60 years ago and the extreme heat is making some people sick washington state and oregon officials report more than 800 heat-related hospital visits since last week. the heat wave also affecting transportation

you can't beat turkey hill memories. this morning take a look at u.s.0 up marginal right now, nasdaq off by 10 >>> stocks and sectors to watch. check out nucor, the stock at more than 100% as metal and mining stock continue to rally the xm etrading at its highest level since september 2012, if you can remember that. >>> here's the number one story coming up, consumers are vaccinated, ready to go out to eat to restaurants struggling to find workers we're going to talk to one restaurant owner about how these trying to fill the vacancy >>> later, don't miss legendary investor mario gabelli he'll join us at 8:00 a.m. eastern. ♪ ♪ ♪ ♪ [ humming ] alexa? play "ooh la la." [ "ooh la la" by cherie playing ] the moxie showerhead speaker. only from kohler. >>> on friday, our total of 4500 associates as we call them, we'll be down to six, 17 days ago. i thought our business was in great shape and today, it's closed >> well, what a difference 15 months makes in march of 2020, cameron mitchell's restaurants were hit hard by the pandemic every other restaurant out th

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you can't beat turkey hill memories. >>> welcome back producer prices, look at which chart, climbingyear earlier, the fastest increase on record a note outlining the food and beverage stock exchange. kate rogers joins me now with those names. hi, kate >> hey, kelly, looking at inflation over the next 12 months, b of a says the companies with the greatest exposure are campbell's soup, general mills, kraft heinz, and conagra. year to date the best performer, kraft heinz, the worst campbell's soup. remember, of course, we're seeing prices rise, and that could hit consumers there, moving ahead this might not come as a surprise since we've been talking about it so much, but mentions of inflation have increased on q1 earnings call, b of a says while inflation has accelerated since the beginning of the year, many companies have hedged against it, leading more on price inflation that will return to most and promoting and that could eat into the impact of these price increases. interestingly, while it seems that companies will be able to pass through pricing while retailers do at a time the h

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you can't beat turkey hill memories. uno, dos, tres, cuatro!ts] [sfx]: happy screaming [music ends] - [announcer] dearest pizzerias, oh, guardians of the pie. - ooh! - [announcer] thanks for making every slice worth torching the roof of our mouths. - hiya there- - [announcer] if you're a serving late, so are we. (pleasant orchestral music) (bike rattling) the street." in case you haven't had enough space this hour, virgin orbit's second orbital mission is currently under way. we're showing you live shots right there. it's officially kicking off the company's commercial service as a rocket launch services provider sir richard branson's other space company which was spun out a few years ago, is carrying seven satellites to orbit for companies including the company of defense it took off before 10 cl:00 easr from the launch site in the mojave desert. it's this air launched rocket that is currently carrying the satellites to orbit. we're going to continue to keep our eye on that. in it meantime, you have the double downgrade, david, of virgin galac

you can't beat turkey hill memories. >>> fed in focus investors turning attention to the central bankl stocks higher. >>> president biden taking aim at china and russia and more in the first g7. >>> and say hello to your job. people quitting creating hurdles for employers. it is monday, june 14th. you are watching "worldwide exchange" here on cnbc welcome back to the show i'm dominic chu new hain for brn sullivan you can see we're poised for modest gains dow implied higher 3 points. the s&p 500 is coming off a record close it's third straight week of gains. nasdaq up four weeks in a row for the first time since january. also the small cap russell 2000 index up three weeks in a row. showing gains there. right now, you can see bonds also in focus. stability is the name of the game this morning. 10-year treasury note yield a hair around 1.46%. 2-year treasury note yield is .15%. >>> to the top stories bertha coombs is back with more. >> reporter: dom, employers in the united states are facing a new reopening challenge with the surge of people quitting over the weekend, "the wall street j

you can't beat turkey hill memories. it staff has be ready to take on new challenges. that's why we built an office obstacle course ... to prepare our people for anything. you're late well, cdw amplified services experts will consult with you to design, orchestrate and manage your most complex technologies to help you quickly overcome any obstacle ... without all of this. oh, that is better. who's that? oh, if you want coffee, you gotta get past tantrum. you're in for a brewed awakening. for technology that moves you forward, trust cdw amplified services >>> welcome back now to the consumer again. big retail weekend with us is stacey widlitz. before we were interrupted by broadband connectivity, we were talking about amazon prime day and issues with the darker cloud surrounding it take us through the retail side. >> dom, over the last year, we have seen retailers and brands risk inventories inventory is low out there we have seen no promotions all of the earnings are higher gross margins year over year you think about pr

you can't beat turkey hill memories. wondering what actually goes into your multivitamin?r, its' innovation, organic ingredients, and fermentation. fermentation? yes. formulated to help you body really truly absorb the natural goodness. new chapter. wellness, well done. >>> time for the weekly e exclusive insider buying segment. these stocks have been well out performing the broader market on average in the year we have been doing this as always, the data comes with our gratitude. we count you down. the fifgs th most insider buying dollar tree. a former lowe's executive. and train company norfolk southern snapping up $664,000 his first insider buy and buying when the stock is near record high the third most inn ssider pbuyig black knight $997,000 and second is jacobs engineering. $1.4 million buy by the way, also into stock strength and the biggest insider buy this week is by far is bumble a big deal for two reasons it is a huge $5 million buy registered to board member amy gri griffith it is interesting because the buy came from her spouse john griffith he is a former big

you can't beat turkey hill memories. brother against brother. my entire life in your shadow... and now, you spend the rest of yours livin' in mine. ♪ ♪ i ain't going anywhere little brother. >>> let's get to our etf spotlight. ticker jets off the highs of the morning. up more than 15% for the year. there it is. today it's just a fractional loser. about a third of a percent there it is year to date, up 16%. one name in that group to watch is spirit airlines got an upgrade today to buy from neutral over at citi this as the company said in an sec filing that leisure demand that has continued to improve throughout the second quarter. spirit shares up 40% year to date we'll be right back. stay with us ♪ ♪ (upbeat music) ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ wondering what actually goes into your multivitamin? at new chapter, its' innovation, organic ingredients, and fermentation. fermentation? yes. formulated to help you body really truly absorb the natural goodness. new chapter. wellness, well done. >>> welcome back here is your cnbc news update. club goers in los angele

you can't beat turkey hill memories.eopens, the pandemic continues to have a pretty significant impact on individuals and businesses and the insurance industry is no exception. since march of 2020 shares of the insurance majors have seen shares plummet but as the virus started to fade this spring, those shares have bounced back to new highs. joining us right now to talk about the current state of the insurance business and the reopening is dan amos, he's the chairman and ceo of aflac. dan, it's great to see you it's been a while since we got to talk to you how are things going right now >> well, becky, things goring as well as you could expect, you know, our profits are at an all-time high. and we were able to adjust to where our employees, almost 95%, were working from home, and continue to do that. so, i would say in all, we're very happy in our ability as businesses to take a punch at covid and be able to come back so, i'm very pleased >> what are you seeing in consumer behavior right now, just in terms of who's going

you can't beat turkey hill memories. pain? yeah. here. aspercreme with max-strength* lidocaine. need it. kick pain in the aspercreme >>> welcome back president biden announcing new steps by >> pat: administration to combat racial inequality. it turred during a ceremony marking the 100th anniversary of the tulsa mass massacre focusing on home ownership and small business and businesses come to represent black representation in the base our frank holland was live there yesterday. he joins us live from tulsa on this side of the story trying to grow and expand wealth for everybody. frank. >> reporter: hey, good morning to you, brian. well, black people make up about 3% of the financial services nationally according to the latest data. as that comes the country's biggest banks or what many people would call wall street is also becoming more diverse jpmorgan the biggest market cap with 5% of employees overall wells fargo reporting the highest level of senior managers following the controversy of the ceo saying there's a limited pool of black talent we spoke with mandel crowley >> if y

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you can't beat turkey hill memories. ♪♪ ♪♪ ♪♪ >>> hi everybody welcome back to "the exchange.e dow, up 157 we're just a little bit off session highs. roughly flat up a point for the s&p down 19 for nasdaq as we are closing out what has been a very strong first half of the year, even though this past quarter has been much more marked by the return of the growth trend, the decline of the inflation trend than the first quarter we'll see which comes to the floor as we head to the back half of the year in terms of other movers, spotify is looking to get into the events business. spotify shares up a little less than 2% now. they say they wouldn't be competing directly with live nation but could be leveraging streaming data from users. and we're also watching lumber moving lower again today, down almost 6%. but again we had the end of the month, maybe some trading effects there. it's down 45% this month it's down 57% from its may high of nearly $1,700 it's got a 713 now on it now check out thread up and posh mark, they're up about 10% for the week ebay and etsy are also closing out w

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