joining us now, the vertex ceo and meg terrell. >> thanks so much.for being with us today. it's our first time to get to talk since you've been in the ceo role really excited to get to talk with you let's start with the new data you reported last week on this potential alternative in treating pain. tell us about the results, what significance they could have in adding a new treatment to the marketplace and next steps >> it's a real pleasure to be here with you today and these results are with our molecule 548, which we shared data last week from two phase two studies. the important thing here is there has been no innovation in the pain space in 30 plus years. and with the devastation of the opioid epidemic that is going across communities in america, it is clear that we need an effective pain medicine that doesn't have the addictive potential of openioids. what we showed with the trial is that we have a medicine with high efficacy, a good safety and efficacy profile and it does not have the addictive potential of opioids. with these results, we are w

. >>> still ahead on kpix5 and streaming on cbs news bay area, vertex just reached in san francisco murdered dating back eight years. >>> turning guns and the garden tools. inside look added new program in east bay. >>> update to a story we have followed for you on kpix5. san francisco's district attorney just announced guilty verdicts in 2014 murder, jury convicted luis guticrrez of first-degree murder for the stabbing death of ronnie goodman jr. in the mission. javier gutierrez accepted plea deal and sentenced to eight years in state prison. soon after police released surveillance video in 2014, both men charged in the homicide. then the case stalled for years. we spoke to good man's family as the case went to trial a few weeks ago. at the time, they told us they felt cheated waiting that long for a trial. the das office hopes the verdict will help bring them closer. >>> suspected shooter in this week's new york city subway attack appeared before judge in federal court this afternoon. kate smith reports he was arraigned on federal terrorism charge on terrorism against a mass transit system

i spoke to some opposition and they said this was a political vertex. -- political verdict.y said it is not justice, it is one-man rule, referring to the president. earlier in the day, one of the defense lawyers in summing up, pointed out the trial began in 2019. he said if the accused had been a threat to the country, really been subversive, the prosecutors would not have waited six years to bring them to court. anchor: we will have more on that as it develops. time to take a look at his news. paul is here and it is all about twitter. paul: that's right, the board of directors gave a green light to a purchase by elon musk, the ceo of tesla. muska has said he wants to better protect free speech. it is a remarkable development and one that seemed far-fetched even days ago. here is an analyst on what change the calculation for twitter. >> i think there were two issues that changed the board's mind. one was the financing. when muska got the financing, that was the clock struck in 12. another was there was no other bidder. they were at the altar but nobody came. anchor: this dea

europe in court of human wise as well as activists and turkeys, western nato allies say the trial and vertex are part of a crackdown on peson under president jeff. taper drums, the courts aggravated blood sentence, for vala must have to find the court of appeal, and then the supreme court. this can take months or longer, but this may not be the end of the process for cabala. if the appeals court overturned the verdict, come follow may be released, spending triumph for now. france and supporters live in hope. however narrow with 2 st, cuz solar sounds a serious stumble. israel says it will. once again, allow palestinian work as merchant to enter from garza on cheese day. the arizona and crossing was shot on saturday to help us rockets targeted southern israel. the firings followed repeated israeli incursions at the alex most compound and occupied east jerusalem. employment in israel is a lifeline for people in gaza, or about half the population is job this. you as president joe biden, and jordan's king abdullah have discussed ways to reduce tensions at the alex a mosque compound after recent

up here with me ian rowe who is a senior fellow at the american enterprise institute co-founder of vertex partnership academies a new network of interbaccalaureate high schools in the bronx. he is works with the woodson center as well as the 1776 unites project distinguished writer former. ceo of public prep network of charter schools and bronx and manhattan and an author himself whose book agency. we're going to talk about as well coming out in may so ian if you'll join me up here. here's jonathan. congratulations on splintered. thank you. thank you very much, and thank you for joining joining me for a conversation about what this means for parents today and what it means not only as a natural movement, but what it means for our individual behaviors? for a moment. let me talk about where critical race theory really comes from and where it's roots are and the quotes. i think that critical race theorists have written in their own documents about founding this worldview are not widely known right and so here's here's one where angela harris is a professor in california. she writes that marx

you have a couple drug stocks with a good pipeline vertex pharma, they have a possibly nonaddictive pain reliever, and astra zen scaw which is number six, but i'm including it, and then is the utility, classic recession proof stock, and then dollar tree which is turning around thanks to a push from an activist investor we talked utlast week when we said we still like dollar general more, but dollar tree is okay you can learn even more from the losers and a lot of these we covered at the top of the show, but it's worth delving deeper because this is what the story was for a lot of different funds there's a paypal, netflix, zoom, video, and facebook. horrible, right? paypal belongs to one of the most hated groups in the market. too many fintech plays netflix and facebook both which are now changing the name to meta, had quarters that were viewed as extremely disappointing. big number cuts. as for zoom, it's a pandemic stock that as we mentioned desperately needs a new narrative in what feels like a post pandemic world. i told club members i would buy facebook, now meta platforms, aggressiv

we like these two stocks >> a lot of enthusiasm for vertex once again.lmost 30% this year thank you for your time today. >> thank you for having me >>> coming up, shares of rivian are sinking today and still down more than 60 % this year we'll look at what's behind the drop and for the first time get an inside look at the production plants >>> in the mean clean energy space, a lot of investor attention, but there's a forgotten key need for the energy transition. we have under the radar plays in the power grid coming up as we take a break, look at the dow heat map with disney and honey well the worst performers while goldman and jpm leading the way. we'rba ia mee ckn mont oject man. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. ♪ ♪ ♪ ♪ with a bit more thought we can all do our part to keep plastic out of the ocean. cal: our confident forever plan is possible with a cfp® profession

playing with the long end of the curve so i hate to say this time is different but the yield curve in vertexs the clock starts but that doesn't mean a recession is around the corner. charles: with that in mind though feels like we've got a situation where the economy might be slowing right here a bit, where the fed is ready to hike rates into minneapolis. how does a portfolio, how do you think a portfolio should be right now? >> well the conversation with jim before i came on, you know, we could be looking at a little bit of a mid-cycle slow down. doesn't mean we go into a recession. we saw something like that in 95 so again if the economy can pick-up with the slow down we still like the cyclical value names, saying that but i'll tell you on the other side of things more defensive we like real estate also. real estate is a late cycle play , so you think we are closer to a recession not our base case but real estate could be a nice area to potentially play defense , which gave you offense as well. charles: its been showing glimpse here and there, i've been looking at the sector real estate, ut

nasdaq winners, vertex, dollar tree, regeneron.he big board, seven minutes worth of business and down 64 points, not bad for the ten year treasury, this is interesting almost at 2.76% that is why big tech is down so much, 1968 per ounce of gold bitcoin 41 now it's down to 47. >> i like the reaction. >> the price of crude oil $94 a barrel not gas, 657 pro-british normal. the price of gas $4.11 even oil is coming down. california the same gallon of regular averages $5.76. president biden and is defending her nephew in a new interview claiming trump. rotate. >> trump in his right wing followers have continued to do whatever they can to discredit this family and bring them down. >> charlie hurt has a thing or two to say at that at the top of the next hour at 10:00 o'clock. i showed you these, the golf clubs used by tiger to win four majors, the going price when we did that last friday $900,000. it got a whole lot higher than that and finished over the weekend. a huge amount of money. a new poll finds to and three rate in the economy ba

technologies those are your big leaders gap up 4% by the way , the nasdaq winners you have biogen, vertexcw corp. and amazon as well those are the leaders on the nasdaq. the quick check on the big board the dow up 138 points hovering right around 34, 589. now, there's the 10 year treasury yield down almost more than half of a basis point at 2.82 had been floating with a more than three-year high but the treasury yield on the 10 year down ever so slightly. take a look at gold we talked about this close to 2,000 up $18 at 1,993, bitcoin meanwhile has been under 40,000 it stays think , down $275, crude oil though continues to march higher , that's not good news for your gas prices up another $ 1.20 over $108 a barrel on crude, nat gas up four and one- third percent at 762 for nat gas and the average price for a gallon of regular still up there isn't it $4.09 it costs a lot to fill the car. it was $2.87 by the way, one year ago and we always like to take a look at california. life ain't cheap out on west coast and california paying $ 5.71 for a gallon of regular. that is what they do. coming

vertex -- lauren: regeneron. stuart: fox corporation, i know them. companies though. let's regress here with, well, five minutes into the session. we're up a mere 4 points on the dow industrials. the 10 year treasury yield was at 270 earlier and that's where it is now. that's a negative for big tech. the price of gold, 1,941, bitcoin 42, 900 right now, nat gas, well-above, okay crude oil, $96 per barrel, do we have nat gas, yes we do, well-above $6 per million british thermal unit s, you heat your home with that stuff and it's getting more expensive. the price of gasoline, regular, averages 4.13 nationwide but in california, you will pay 5.78. comedian john stuart says the american dream is unattainable for black people. roll tape. >> it turns out to be a fallacy there has always been a re distribution of power to the white elite. stuart: rob smith is going to be here to take that on a little later in the show. take a look at this. looks like a migrant army march ing to our southern border. they are coming. what are we going to do about it i'll ask t