but next, robinhood ceo vlad tent about his -- glad tenant -- vlad tenet. emily: a big yet muted day for vlad tenev. -- for robinhood, ipo day ending down 8.5%. what is the retail allocation, and what about the new regulatory examination they revealed this week? sonali: the 8.4% drop is the worst debut for a size of ipo of robinhood or greater. a bigger drop the new bursae and as we know, -- bigger drop then uber saw -- bigger drop than uber saw and as we know, its ipo is considered a flop. there are questions -- emily: there are questions about the pricing, did they price this too high? we spoke today to the nasdaq president who said it is too early to tell whether it is just retail investors are also employees that were able to sell. 50% of employees and others were able to sell on the front and -- 15% of employees and others were able to sell on the front end. investors may also be getting fatigue when it comes to these ipo's that we may experience a slowdown in august. that is very different than what i effort from capital market bankers the last few we

you know vlad for a long time.e video of vlad ringing the bell with his daughter on the nasdaq. give us some perspective on where they are coming from. i think there are some users who feel like they were cheated in some way. perhaps that was not the intention. vanessa: definitely not the intention. i think you can't find founders that are more focused on making their customers happy. it was hard to see the criticism go in that direction because they care a lot. i think they did everything in their power to abide by the regulations that we have in place, for a lot of good reasons, and to do right by their customers. it was a once-in-a-lifetime -- it was unprecedented. the way we maneuvered around it was constantly with the customer in mind. it's hard to see the criticism. it's hard to hear people don't feel like we did everything we could for our users, because i can tell you behind the scenes that was the core of focus. emily: as vlad told us, it's not about day one, it's about every day to come. we will watch how

and vlad, by the way, we were talking this morning, vlad's going to be worth some incredible number. >> andrew sorkin of course was talking about this all morning on "squawk." i think he's still at the nasdaq where we're going to keep our eyes po iised this morning. >> good morning, a couple of pieces of news the first is that they have now officially finished indicating this stock this morning, goldman sachs spent a lot of time this morning trying to finish up. we were asking a lot of questions this morning about whether that was unusual, whether it posed a problem leslie picker reporting last night that there were a lot of calls still going out to try to bring in investors at that $38 price, so we will see what happens later today, and i can also now report that we will have robinhood ceo vlad tenev. he been on this program at 10:00 a.m., so many of them which jim and you and david have been posing all morning. we will put them to him and try to get some answers about the future of this company, the ipo, and of course some of these regulatory issues that all of you have been talkin

vlad: is a surreal moment.bling that six years after we launched our product to the public we have over 22 million customers and we are on these journey with our customers , allowing them to participate in the offering. emily: speaking of your customers, you said you would allocate 20% to 35% for robinhood users. we are hearing in the range of 20% to 25%, still one of the biggest allocations ever. how did you get to the number and are you concerned about volatility? vlad: we certainly are proud to have one of the largest retail allocations ever. the way we think about it is the long-term focused companies and we are making decisions and making bets with a long-term interest of the business. volatility comes and goes and we are not going to be commenting too much on daily fluctuations of the stock price. emily: the retail movement is a phenomenon. the meme stocks movement is a phenomenon. looking at social media, just this morning there are strong feelings about what robinhood represents. we think about gamestop

earlier, we spoke with vlad tenev.y humbling that six years after we launched our product we have over 22 million customers and are on this journey with our customers. allowing them to participate in the offerings. >> speaking of your customers, you said you would allocate 20 to 35% to robinhood's own users. we are hearing somewhere in the range of 20 to 25%. how did you get to that number? vlad: we certainly are proud to have one of the largest retail allocations ever. the way that we think about it is that it is a long-term focus company. we are making decisions and big bets with the long-term interests of the business in mind. volatility comes and goes. we are not going to be commenting too much on daily fluctuations of the price. amanda: we are going to be talking about some of the regulatory issues that may face robinhood. coming up next. ♪ amanda: this is bloomberg markets. time for stock of the hour. robinhood is the pick today. this market debut a lackluster performance. we have with us dig whittle -- dave wils

and vlad tenev said i'm on going to disrupt the industry. people are going to want to get involved one day i might have 12 million people and that's going to up end everything i was like what is he talking. long haired guy stanford this stanford that >> they're not his clients they're not his clients. 22 million -- 22 million use iris are the product not his clients. >> that's fair you're absolutely right. it's the app but i meant that in terms of he had a vision and you got to hand it to him. i thought he was crazy that the app could be that good but it is -- josh it's a sivrp fied app maybe everybody else -- i thought the paypal could kill him >> jim have you traded on the app >> jim have you traded on the app? >> my -- my stepson does i can't see what he does because of my relationship >> i traded on it. jim i traded on the app >> i'm not allowed to trade. it's not like i can trade. i can't trade. i don't have a broker. >> i'm telling you i'll tell you my experience with it, okay >> yeah >> i went to buy bitcoin on there because no commis

vlad tenev of robinhood. what i saw was a lot of american success.you're 55 and up, t-mobile has plans built just for you. switch now and get 2 unlimited lines and 2 free smartphones. and now get netflix on us. it's all included with 2 lines for only $70 bucks! only at t-mobile. ♪ ♪ experience, hyper performance that takes you further. at the lexus golden opportunity sales event. get 0.9% apr financing on the all 2021 lexus hybrid models. experience amazing. are your hr processes weighing down your employees? geton to quarterly projections! all 2021 lexus hybrid models. expense report! if you're using multiple systems, re-entering data over and over time sheet! using email and spreadsheets to manage information and approvals, then your hr systems are a drag on productive time. with paycom, employees enter and manage their own hr data in a single, easy-to-use software. visit paycom dot com and schedule your demo today. do they know this door is locked >> a few months ago crop prices peaked but maybe the sellers made a mistake this morning we got resul

come in, vlad. >> come on in, vlad.ven't been on the road since march, 2020. >> yeah. it's a little like riding a bicycle. i was pretty worried about the muscle memory thing, but no, it comes back. the lyrics and the chords. >> it's funny how many musicians were worried about being in front of an audience again. >> we're talking about it. >> yeah? >> yeah. >> you've done at least one gig already, right? >> yeah. yeah. in montana. i felt like that was a good way to start back out. >> how did it feel? >> really emotional. the hard part was not crying. >> yeah. really? why did you want to cry? because you were so happy? >> i mean, that sound of the applause -- since i was a little girl, you know -- >> means everything. >> it means everything. >> brandi carlile coming up. >> let's give applause. [ applause ] >> don't cry, brandi. >> stop. >> local news is coming up next. >>> good morning. new data shows if california were still in the covid-19 tier system, contra costa, alameda, solano would be in the purple tier now. that'

and then, you know, as vlad mentioned, you know the goal of the company really is to create the trustede manage their money and not just stock trading. so i think it doesn't stake a particularly large imagination to see what might be upon the road map for robinhood in terms of ways they can serve their customers in the future. all of those things add up to i think a large opportunity >> great, so, scott, do investors that may be thinking about buying into the ipo need to be patient, especially as robinhood and vlad tenev say they want to focus on educating investors, having them, you know, invest more for the longer term is that going to hurt growth in the short-term as it goes head to head with other financial products, against established players like square and paypal >> well, you know i've been on the board since 2016 the thing that's always astounded me about robinhood is that it just keeps growing and growing and growing and growing. you can see the numbers. clearly what they are doing is working. and it a very popular way to the access the financial markets i don't see any reason

vlad jr.wins mvp, something his father never did. >> very talented, senior is very talented and vlad e jr. will pave his own way to being really special. >> we told you earlier, a week away from the oakland city councils vote on that a stadium in our terminal. the a's president said the stadium is make or break for the team's future in oakland. they are looking in vegas and headed back there after this vote. the commissioner had this to say. "less vegas as a viable alternative for a club. thinking of this as a bluff is a mistake or if this is a decision point for oakland as to whether they want major- league baseball going forward. after losing, team usa wasn't about to cry for argentina. draymond green, taking it to the rack. he had eight points, and kevin durrant at the halftime buzzer. he was a finally finds a is your family ready for an emergency? you can prepare by mapping out two ways to escape your home, creating a supply kit, and including your whole family in practice drills. for help

that's vlad duthiers. tony dokoupil on baby leave. let's go. new covid hot spots are popping up in places where many people still refuse to get a vaccine. we're on the ground in nevada with a federal search response team. >>e inar onstoppread cod.weow y theew rules inincan't ay because of unvaccinated players, nobody gets paid. >>> extreme danger in the west. firefighters face terrifying scenes inside an inferno. the latest on the wildfires, plus water rescues in arizona after a powerful monsoon. >>> and the tokyo olympics finally get under way after scandals and setbacks. we talk with one of the stars of team usa. >> the athletes want to play. >>> first, here's today's "eye opener," your world in 90 seconds. >> vaccinated or not, please know we together are not out of the woods yet. we are yet at another pivotal moment in this pandemic. >> reporter: the summer surge health officials warn about is here. >> if you are vaccinated, you are safe. >>> let the games begin. the olympics get under way as tokyo remains under a state of emergency. >> rep

i met vlad through you the first time i talked to him i said, vlad, what's your number one value?safety, actually and i said, let's talk about how you're going to operationalize safety from that day he tweeted safety is now our number one value. that really got me excited about robinhood and really taking their company to another level and i said, vlad, i think salesforce would love to invest and help you not just making you a customer but let's be a partner. we've done that with so many exciting companies like zoom, for example. >> absolutely. >> we have been the largest and most successful venture capitol fund, salesforce ventures. you know that, jim. >> i do. >> it's amazing. we can help and partner with tech companies and of course i'm doing that on the side with -- personally i have time ventures. i love working with entrepreneurs. i love working with ecopreneurs. entrepreneurs doing ecology. we've seen so many exciting things happening when i look at amazing companies like upstart, affirm -- >> i like those. >> airbnb, it's like oh, my gosh, these are the people that are add

vlad is up first. >> i am first. i've got some sad news.ettable hit. listen. ♪ oh baby you got what i need ♪ ♪ but you say he's just a friend but you say he's just a friend ♪ ♪ oh baby you ♪ >> the entire table is grooving, folks. you didn't see that. we're grooving to the song. "just a friend" which was released in 1989 and became a huge hit. this was my college theme song. you could gone to a party when i was in college and not have this song be played and everybody grooving to it. it was incredible. biz markie was born marcille hall. "the biz never sleeps" was gold. he was the crown prince of hip-hop because of the humor in his music. he even had a dance named after him and later was featured on "yo gaba gaba." he was 50 years old. i was struck by the number of hip-hop artists who came out with statements. missy elliott, the beastie boys. he was inclusive of how good hip-hop cobb. and freie sd i'm ing to miss his june yes and ice cube nobody beats the biz. >> i haven't heard it in years. he's so offkey. everybody kboenows -- >> it's on s

. >>> up next, vlad duthiers has the stories you'll be ♪ limu emu & doug ♪ oh!ge customizer tool? sorry? well, since you asked. it finds discounts and policy recommendations, so you only pay for what you need. limu, you're an animal! who's got the bird legs now? only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ your mission: stand up to moderate to severe rheumatoid arthritis. and take. it. on... with rinvoq. rinvoq a once-daily pill can dramatically improve symptoms... rinvoq helps tame pain, stiffness, swelling. and for some, rinvoq can even significantly reduce ra fatigue. that's rinvoq relief. with ra, your overactive immune system attacks your joints. rinvoq regulates it to help stop the attack. rinvoq can lower your ability to fight infections, including tuberculosis. serious infections and blood clots, sometimes fatal, have occurred as have certain cancers, including lymphoma, and tears in the stomach or intestines, and changes in lab results. your doctor should monitor your bloodwork. tell your doctor about any infections... and if you

i trust vlad, and i don't know whether vlad's asserting himself.uolingo trade about 30% higher we always debate whether that's a win or not >> i think that's in the range where you could say that's a win. one thing that is maybe overhanging the robinhood deal is if you look at the buzzy consumer facing app companies, whether it's airbnb, doordash, bumble, they had a little bit of a run, but they have not traded great relative to their first trade. if that's the kind of bucket you're going to put robinhood in, that's an overhang if you look at crypto volumes, look at options volumes coming from retail that was kind of the best possible moment to get a snapshot of your business, and then all the other, you know, concerns around robinhood as well are you going to consider this thing just kind of fintech, then the valuation, you know, maybe fits in with what those things trade for. if it's a brokerage firm, this is not trading on brokerage firm metrics. there also are almost no publicly traded peer plays except for interactive brokers on retail trading

emily: -- vlad: we are not thinking about anything that happens in the market especially in the shorterm. the goal is to keep making great products to keep improving the service and keep growing with our customers. we have seen finance become more important in the retail investor become much more important within investing. that is something we think will continue. emily: you live-streamed your roadshow to the public. you said more are coming. when should investors expect those kind of things? vlad: one of the things we have been excited about is turning first time investors into long-term investors. you can see that with some of the recent products that we have launched. it started with fractional shares but then we built on top of that foundation with things like recurring investments. if you are a customer, you can put in an order to buy a particular stock or etf on a regular basis and we will continue investing in that. we are seeing really good adoption and we would like to see a large portion of our activity be kind of long-term investing in the future. >> vlad tenev speaking to

. >> we all thought vlad would be -- >> nominate vlad. >> give vlad a chance. >> they've been hearingtens to us. >> we're very happy levar got a crack. >> mike richards, call me. all right. would you be willing to dish out $200 for fries? >> no. >> no. >> that's what a chef in new york city is charging for this. the fries are sprinkled with edible gold and seasoned with truffle oil. if that's not -- >> that is pretty. >> they're served on a crystal plate. they say the fries are officially the most expensive on earth. they claim the world's record with the most expensive ice cream sundae. the price for that is $1,000. this is what happens. >> there's an 8 to 10 week waiting list for these fries. >> crazy. >> thanks, vlad. still to come. olympic gold med al list ashleigh johnson. >>> today's what to watch is sponsored by toyota. ...we're here to open new doors... ♪ ...that lead to your road to greatness. ♪ your journey starts... ...at toyota's national sales event. ♪ toyota. let's go places. your mission: stand up to moderate to severe rheumatoid arthritis. and take. it. on... with rinv

emily: robinhood ceo vlad tenev talking about sectors in the live stream presentation.inhood taking the unusual steps of making that event open to the public. our guest joining us to talk roadshow. this fits into the idea of robinhood trying to democratize investing. what do you make of the fact they opened this livestream to the public and what they had to say? >> robinhood is trying to show it is doing its ipo different than other companies. one way it tried to demonstrate that was by posting a public roadshow anyone could livestream where management was talking about the business and taking customer questions, which is different from how you would normally do it, when it would be a presentation for institutional investors, one way they are trying to show that there ipo is different. emily: how excited or apprehensive are investors that buy into robinhood's ipo, given the potential, but also controversy? annie: one thing that came up is how worried the company is about payments, a key way that it earns money based on transactions that come into play in washington. inv

vlad duthiers's still on walk-about.yesterday. >>> i'm the funky guy. he's the pretty guy. >> we got a pretty boy here, too. tony dokoupil. >> anthony's on vacation -- >> go ahead, pretty boy tony dokoupil. ♪ >>> you know what else is nice to see? the three of us sitting at this table. >> girl power. >> i haven't seen that ever since i've been here at cbs. another j at the table. we've got a jericka, jamie, another jamie. >> what a great day to be here. >> jamie wax, welcome to you. >> three powerhouse women at the table. i love it. i love it. >> yes, that would be us. >>> my "talk of the table" -- >> is? >> have you saying what the zuck. >> very good. >> i worked on it all morning, let me tell you. can someone cut to jericka's face right now? >> what the -- >> zuck. >> okay. you said it, not me. >>> turning now -- >> zuck, zuck, zuck. ♪ -great idea. [gasps] look at the little cutie. -he's coming for a visit. -hi. [chuckles] aww! oh! he's leaving! -nice work, guys! -introducing togo's new cheese steak melt, featuring fre

how about vlad guerrero jr. with that home run?years after his dad did the same thing and they are just the third father/son duo to accomplish that feat. it must be a great thing to have a career like your father and have your son follow it up. maybe even better. >> ooh. >> great moment for the family. more on that coming up. >>> we'll begin with the wildfires out west. fueled by gusty winds and high temperatures. there are red flag warnings across the region. >> overnight new evacuations where thousands of acres have burned. matt gutman has that. good morning, matt. >> reporter: hey, good morning, robin. these have been out for several days trying to corral this fire but the terrain is incredibly rugged and steep. fire officials here say fires this season have been burning hotter, faster, sooner than anything they have ever seen and right now, this morning, across the west, there are 14,000 firefighters on the fire lines. across the west this morning, blistering heat and drought conditions leading to more than five dozen wildfires

. >>> when we come back on the show, robinhood ceo vlad tenev talks about the stock price with the lack luster debut. >>> and costs out of control and this stock sinking in pre-market. >>> and from bad to worse. shares of pinteerest sinking thi the worst month in years find out why after this break. ready to shine from the inside out? try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and introducing jelly beans with two times more biotin. >>> welcome back to worldwide exchange." time for the big money movers. three stock stories of the morning. first up, robinhood. up fractionally after debuting yesterday. robinhood priced ipo at $38 a share. now recseven ipos this year rai $2 billion in capital and all ended the first day under water. robinhood's ceo vlad tenev on "mad money" saying he's used to being doubted. >> we're building a long-term business you have to ignore the short-term fluctufluctuations some days the stock is up and down look back on what the company has been able to do over the past six year

vlad jr.ned his dad as the third father son pair to homer in the all-star game along with the bonds and griffey's. here is your bay area moment. basset verses crawford, 6th inning. the a won the battle. crawford and olson a combined 0- 3. american league 8th inning. jarrod wahl saves the game. american league wins the 8th straight game. vlad jr. wins the mvp. something his father never d. >> they are both very talented and senior was very talented. i think his son will probably pave his own way to being really special. they can hit any pitch. if there is one thing similar they can handle any ball in the zone. >> that's a great picture. we are one week away from the oakland city council vote on the a's stadium at howard terminal. a's president had said the stadium vote is make for break for the team's future in oakland. a's are looking in vegas or headed back there after this vote. baseball commissioner had this to say. las vegas is a viable alternative for a major league club. thinking about t

that's what vlad, i hope vlad doesn't become less of a spokesperson for it. >> you like his candor. >> i had marc benioff on this week from salesforce, and he's become a firm advisory to vlad, single source of truth marc says. >> interesting. >> yeah. very different. >> yes, very different. >> yes, very different very different no longer just an app but a source of safety that's marc benioff's message, and it seems to have gotten through to vlad. >> yeah. and some traders given the action over the weekend. we will get cramer's mad dash and countdown to the opening bell on this busy monday morning. takene m oore look at futures as we get the opening bell in about ten minutes. don't go away. at the lexus golden opportunity sales event. get 0.9% apr financing on the all 2021 lexus hybrid models. experience amazing. this (chimes) is the sound of change from pnc bank. it's the sound (chimes) of a thousand sighs of relief get 0.9% apr financing on the all 2021 lexus hybrid models. (phone alert) and of a company watching out for you. this is the sound (chime) of low cash mode from pnc bank,

she says that means un-vlad residents need to change their ood behaviors at home, too. >> if you are not vaccinated i would not recommend eating indoors at a restaurant. i would not recommend going to a movie theater. i would not recommend going to an indoor gym if you are not vaccinated. >> reporter: this family returned from a beak in sin city. they a say being among the unmasked was unnerving. >> we were there seven days. now should we, like, self-quarantine at home for a week? like, we have to be more careful because we were exposed. >> reporter: health officials say with the delta variant in the mix now is not the time to let your guard down no matter where you are heading. jodi hernandez, nbc bay area news. >>> and california's positivity rate is showing no signs of slowing down. its risen 1.4% in the past week. it's now at 5.2%. on december 31st we were at a peak at 17.1%, a sharp drop as people got vaccinations and now a sharp spike again. what about hospitalizations? it is holding steady. that is although it's creeping upwards right now. right now there is under 3,000 people

unbelievable very impressive >> did you know that vlad tenev is the top speakers at the disrupter summitw that you can register for that at cnbc events.com it's the truth i urge everybody to do that right now >> who wouldn't do that >> especially, pete you can do that after the show. up next pete has unusual activity he has stuffcoming up. we're back right after this. that takes you further. at the lexus golden opportunity sales event. get 0.9% apr financing on the all 2021 lexus hybrid models. experience amazing. get 0.9% apr financing on the all 2021 lexus hybrid models. ♪ ♪ ♪ digital transformation has failed to take off. because it hasn't removed the endless mundane work we all hate. ♪ ♪ ♪ automation can solve that by taking on repetitive tasks for us. unleash your potential. uipath. reboot work. usaa is made for the safe pilots. for mac. who can come to a stop with barely a bobble. lucia. who announces her intentions even if no one's there. and sgt moore. who leaves room for her room. with usaa safepilot, when you drive safe... ...you can save up to 30% on your auto insurance. get a

here's vlad. >> hi. >> the way he makes us feel, anthony. >> that's right.r. j. lo made it instagram official with ben affleck, and social media is on fire. ♪ >> right? that's 2002, right? he's applying sunscreen to her derriÈre. >> her bottom. yeah. >> and fans were quick to point out the on again couple appeared to be playing out the same scene. >> i don't think you have to be eagle eyed. pretty obvious. >> be like -- ♪ >>> the wait, it's finally over. popeye's rolling out its chicken nuggets today. ♪ >> mm. mm. mm. >> you look like a chicken nugget guy. >> he said he's never had popeye's. almost called security. thought we had a crazy man in the building. >> i should note we have not been compensate friday any way -- >> i'm not a paid spokesperson. i just like popeye's. >> not yet. >> flono, no, jericka, no. ♪ [baby cryiying] i i got it. i i got it. ♪ ♪ give grandndma kisses.s. mwah. ♪ ♪ ♪ ♪ getttting some h help with the l little one,e, from h her biggestst fan. sosome real faface time. justst an amtrakak away. >>> there was a player at the university of

do you ever think that maybe vlad is thrilled to negotiate against a dolt?o, no, no, he's getting everything he wants, right? he got a pipeline from russia, for russia, he's making billions from the eu. joe biden says the eu is the backbone of nato, minor details, we spend 70% of their budget protecting them from the very russians that they are enriching with this pipeline. america first went down the title with this administration, folks. okay? but despite what we see going on on a daily basis, despite all of that, there is a silver lining. michael notti is going to prison. i'm sorry, i'm sorry. i don't want to be canceled. democratic presidential hopeful-- i heard this from brian potato head from cnn. i'll be dinged if they post this on social media, they'll ding me because i don't want to include democratic presidential hopeful, that was act. so nice michael is going away for a couple of years. he got off light relative to the sentencing he's up for three other things, one is defrauding a para plegic client of his, he was leading the democratic charge. i

. >>> up next, vlad duthiers has the stories you'll be talking about (upbeat pop music in backgroundng is, people like geico because it's just easy. bundling for example. you've got car insurance here. and homeme insurancece here. whwhy not... schuuuuuuzp.. put them t together. save even n more. some thingngs are justst bettr togetherer, aren't t they? lilike tea andnd crumpets.. but you u wouldn't b bundle just anyththing. lilike, say..... a porcupupine inin a balloonon factory.. nono. that'd b be a mess.. i mean foror starters,s, porcrcupines arere famouslyy no gooood in a teaeam settin. geico. save even n more when b bundle homeme and d car insurarance. frank k is a fan o of fast. he's a a fast talklker. a fastst walker. thananks, gary.. and d for unexpepected heartburn.n... franank is a fanan of pepcid. itit works in n minutes. nexixium 24 hourur and prililosec otc can take one to four days to fully work. pepcid. strong relief for fans o of fast. darrell's family uses gain flflings now s so their laundy smells more amazining than eve. days to fully work. isn't that thehe dog's s

vlad jr.be mvp of the all star game, and hit that home run 15 years after his father vladimir guerrero hit a home run in the all star game. shohei ohtani pitched a perfect first inning. so jonathan lemire, a lot of big expectations in this game, watching ohtani do his thing to shut them down. 1-2-3, there it is right there. just a fun weekend. the derby was great two nights ago, and a lot of new young stars in the game. >> you hit it. first of all, it was a fun couple of days. i still really enjoy the mlb all star game, it's the only one of the professional sports of the all star game that i feel like means a little something. and ohtani was obviously the story of the week, and a controversy about whether he's an appropriate face for baseball, yeah, he is. i know he didn't get a hit yesterday, but his performance in the home run derby was great, he pitched well last night. it's more than just ohtani. it feels like the game is in good hands. the league needs to do a better job of marketing thes

is back. >> watch vlad -- >> bon jour.e have. here are stories we think y'all be talking about. pop star olivia rodrigo visited the white house and encouraged fans to get a covid vaccine. the 18-year-old met with dr. anthony fauci and spoke from the briefing room urging young people to get a shot. youth vaccination rates are running much lower than the rate for america's general population. listen to what rodrigo said yesterday -- >> i am beyond honored and humbled to be here today to help spread the message about the important of youth vaccination. i'm in awe of the work president biden and dr. fauci have done and was happy to help lend my support to this important initiative. >> check this out -- the president's instagram shared photos of mr. biden and the good for you singer trying on his signature aviator sunglasses. she blew up twitter when photographers posted the photo of her walking intooutfit. >> everybody did. >> the outfit, the shoes, all of it. and i loved her who was there. her album is great. >> yeah, "sour."

>> vlad duthiers is watching for only one thing -- maybe a free cabana. >> working on that tan. couple times my heart was beating so fasts i thought my heart would jump out of my chest and slap me, what the hell are you doing? i only lost two pounds. i want to see somebody waving. >> zoom in there. is there someone in the window? >> somebody waving in the cockpit? >> yes. >> alien on board sign. tape it to the window. >>> how do you explain me? ♪ >> very bright -- very bright tie. i don't know how i feel about it. ♪ >> was it playing somewhere? was it in my head? ♪ ring of fire ring of fire ♪ >> there it is. ♪ >> grammy-winning rapper ludacris, saw a funny sign that said this -- driving fast and furious? that's ludicrous. >> is the word ludicrous spelled like his name? >> yes. >> forgive me for being a poor speller. >> that's how he spells it. >> that's how he spells it. >> no, i thought you were asking is that how ludacris spells it -- bottom line, it's clever. >> it's not just the show, it's spelling. >> let's move along. >> all right. ♪ >> do you know what jorts are? >> jeans

here's vlad. >> hard to compete with justin bieber. >> you get your peeps down in georgia? you're a married man. >> i am a married man. got them peaches, though. here are a few stories we think you'll be talking about today -- all right. a serious story here because we're all rooting for actor bob odenkirk who's in hospital after suddenly collapsed on the set of his hit show "better call saul." the 58-year-old was shooting a scene on location in new mexico when it happened. tmz says crew members immediately called for an ambulance. it's unclear whether he was conscious when he was transported or what his condition is now. odenkirt is currently filming the final season of the spinoff to "breaking bad." we've reached out for comment but have not heard back. obviously we very much hope he's okay. >> i don't like not hearing back. >> i know. >> i don't like that. i hope he's okay. >> michael mckeon, his co-star, they've been friends for a very long time, tweeted, "you got this. we're all rooting for you." hopefully we'll get more information. i'm a huge fan of "better call saul

did they ever think that vlad is thrilled to negotiate against a dolt? no, no, he got a pipeline for russia. he's making billions from the e.u.. joe biden says the e.u. is the backbone of nato. we spent 70% of their budget protecting them from the very russians that they're enriching with this pipeline. america-first went down the toy wlet this administration, folks, ok, but, despite what we see going on on a daily basis, despite all of that, there is a silver lining. michael avenati is going to prison. [applause] i'm sorry. i'm sorry. i don't want to be canceled. democratic presidential hopeful -- i heard this from brian "potato head" stelter. so i don't want to be canceled. i'll be dinged if i post this on social media for misinformation because i didn't include "democratic presidential hopeful, which that was accurate, right? so nice michael is going away for a couple of years. he got off light rell tyson fury the sentencing. he's up for three other things. one of them is defrauding like a client of his, but he's a wonderful human being. remember, he

guys. >> leslie, what do you make of the report of that -- that vlad doesn't have the right license ispped robinhood with a $70 million fine finra is something you see with people who are managing other people's money the reason you would be finra licensed, people can keep track of any blemishes on your record, any type of, you know, running afoul of certain rules and regulations that finra requires brokers to abide by. so the fact that vlad tenev and other executives at robinhood aren't really registered depends on what their day-to-day operations are how involved are they in advising people to make money. other brokerage firm members are not registered so i think the key question comes down to how involved they are. you know, they say that they're taking all measures to comply so we'll see if that ultimately leads to them being registered. >> and finally -- >> or licensed they are registered. licensed. >> what are you hearing from the institutional investor class whether they want into this? do you think we'll see a nice print tonight? >> reporter: i honestly don't know, andrew i'm g

cramer is sitting down with robi robinhood's ceo vlad tenev >>> we'll inbrg you the under the radar nameney" returns. of self-awareness you now hold in your hand? yeah-h-h. (laugh) keep your downstairs dry with gold bond body powder. i'm dad's greatest sandcastle - and greatest memory! keep your downstairs dry but even i'm not as memorable as eating turkey hill chocolate peanut butter cup ice cream with real cocoa. well, that's the way the sandcastle crumbles. you can't beat turkey hill memories. >>> we're watching shares of amazon down 6.9%, after company's sales miss in the second quarter and weak third quarter guide. the conference call is underway, andy jassy has not made any comments we'll bring you all the headlines. meantime, coming up, this stock topping the tape we'll bring you that name. >>> later, amd continues its post-earnings high, the stock hitting new records today. >>> we'll break down that action when "fast money" comes right back i'm evie's best camper badge. but even i'm not as memorable as eating turkey hill chocolate chip cookie dough creamy premium ice cream and ch

emily: let amyris ceo that's robinhood's ceo vlad 10 of -- tenev.s company now owns so much for its gains are now with on $.4 billion on paper. i want to bring in the ceo of microstrategy. you just reported results, beat on earnings and revenue. you are sitting on massive paper against barak and accounting charges for the bitcoin you are holding. walk us through that strategy. >> we are leveraged long bitcoin. we have a 10 year view and our view is bitcoin is an open digital property network and one-day billions of people are going to hold digital property on their mobile phone and so we want to get there before the millions of users get there and we are patient. emily: bitcoin is at its highest level ends may -- since may. why should investors invest in microstrategy rather than bitcoin itself? >> we are an operating chatterjee so we sweep operating it, into bitcoin and we are leveraged long. we borrow at a blended interest rate. so if you like bitcoin, you definitely would like the idea of owning $2.2 billion of it at 1.5% interest if you expected

announced the day before they filed the pros prospectus they revealed in the ipo filing that the ceo vladalked with authorities as part of the investigation into the whole gamestop saga situation. this is a company that no doubt has a lot of regulatory hair and regulators looking into this company and has a lot of legal hair there were reports that they settled a lawsuit with the 20-year-old who wound up committing suicide after realizing that he had losses in his portfolio. so there are a lot of things this company is trying to rid of uncertainty for the market settlements are one thing with finra and the family and then still some outstanding issues such as regulatory that inn ve investors have to grapple with >> despite that, not stopping the company from pursuing its plans to go public leslie picker, thank you >>> coming up, a boost to go it was a pandemic lifeline for the dining industry. the program ended in new york. bars are restaurants are fighting for the right to takeout. the debate when we come back i'm evie's best camper badge. but even i'm not as memorable as eating turkey h

we should say, vlad, you are not going to be a dad.ays "daddi." i thought you were having a baby. >> a lot of people said the same thing. remember nate burleson, he was here. he said vlady daddy. >> i get it -- >> i got excited. >> we were celebrating the birthday and she gave me one of those flags. i'm not going to be a daddy -- yet. >> give it time. >> exactly. >> what do you want to talk about today? >>> what's going on? here are stories we think you'll be talking about today. this is why i also don't go on carnival rides. people at a carnival in northern michigan raced to save folks trapped on a malfunctioning ride. look at this video out of traverse city. officials say the magic carpet ride, quote, came off the blocking, end quote, causing it to sway back and forth, yes, and nearly tip off. look at these onlookers. one dude is like -- whoa! he puts his -- he's freaking out. all the onlookers rushed to the base of the ride to steady it so the mechanics could get people off. no one was hurt. officials say the ride was sent to its ma

they thought it was funny, too, vlad. >> all right. >> listen, there's been a lot of talk about all the his own money. yesterday he did something that was also jaw-dropping -- >> it sure was. >> courage and civility award. that's getting lost in the coverage of the space launch which is monumental. he gave the courage and civility award, the first, to two people -- van jones and chef jose andres. and it's to give to them to distribute to charities and nonprofits of their choice. singling out people that he thinks are doing hard work and doing it with civility. it was jaw-dropping yesterday. >> he gave them $100 million -- >> did i think say that part? thank you. >> $100 million -- >> each. >> that was the jaw-dropping part. >> they can do whatever they want with it. >> no strings attached. you decide. van has done work with criminal justice reform. issy. we know jose's -- chef josie's work in feeding the hungry and going into emergency situations. i just thought i loved jeff bezos' point, you can do both. you can look to the future, and you can look to what's happening here, and you can

emily: i had a couple chances to sit with vlad tenev, where he addressed gamestop mania and how investingould not be limited to a certain group of wealthy people, but it should be ubiquitous. take a listen to the earlier part of that conversation. >> i think you can look at our vision broadly and say half of u.s. households invest. we would like to get that number up to 95% plus. investing should be as ubiquitous as shopping online. it should be something people do. moreover, there is an opportunity to expand that beyond the u.s.. there is no reason why the greatest financial system the world has ever seen should only be available to americans. we can make that available globally and not just to high net worth individuals and the wealthiest 1% globally, but for the mass market. that is a huge opportunity. emily: meantime, robinhood is setting aside already 5% of its shares for its own traders. what is the likelihood robinhood becomes a target of investors responsible for some of the mania, such as in amc or gamestop, over the last couple months? annie: a great question and one on everyone

you were trying to figure out how we could talk to vlad and do everything else. we ran into a couple of things as it turned out, maybe there was something going on behind the scenes now i think it is good we said that, don't you? >> i do. >> probably could have said it a little harder. >>> the big stock mover is amazon shares under pressure after the company's quarterly revenue missed analyst estimates. first time that happened in three years. the ecommerce giant gave weak current quarter guidance cfo expects to see slower growth continue for the next few years. >>> chevron out with quarterly earnings the energy giant 12 cents above estimates. revenue exceeded wall street estimates. higher oil prices. the company ceo will join brian sullivan on "the exchange" later this afternoon pinterest looks to be a loser this morning second quarter earnings beat forecast, the company reported a drop in u.s. users people are spending less time at home and not providing third quarter guidance citing unsrcertainty of the pandemic pinterest is on track for the worst month since

cases started around graduation season and memorial day weekend as more people started to gather, vlad>> nancy, thank you. >>> haiti is in chaos this morning, one day after the president moise was assassinated by gunmen that stormed his home. haiti's police chief says officers killed four suspects and captured two others yesterday. the interim prime minister says he remains in charge. the united nations plans to meet today to try to keep an already volatile situation from getting out of control. the asanss arrived in trucks after midnight claiming to be agents of the u.s. drug enforcement administration. a u.s. government source told reuters the dea had nothing to do with the killing. the gunmen reportedly speaking spanish and english descended on president jovenel moise's private residence and opened fire. the 53-year-old leader was killed. his wife, the first lady, also shot. flown out of the country and brought to miami. she remains in critical condition. by morning, bullet casings were seen on the grounds outside his home. haitian ambassador to the united states -- >> it seems this

bring out the bold™ >>> vlad duthiers is somewhere -- the song?is. >> i want to make fun of vlad for being on vacation. still -- toes in the sand somewhere. >> how long is there going to go on? >> jamie wax -- >> we enjoy having you here. >> this is the best job. thank you for having me. thank you. good morning. here are a few stories we think you'll be talking about today. first off, something on a lot of people's minds. these first two stories are sort of pop culture celebrity stories, but they have notes of mental health that are very serious behind them. britney spears' court-appointed lawyer has filed a petition to resign. samuel d. ingham has represented the pop star since her conservatorship began in 2008. this comes after spears' first public statements last month. discouraged her from speaking out and she wanted to choose her own lawyer. he's not returned our request for comment. the singer's longtime manager, larry rudolph, has also resigned in a letter to her conservators. he said he recently learned of spears' intent to officially reti

that's vlad duthiers. tony dokoupil on baby leave. let's go. hot spots are popping up in places where many people still refuse to get a vaccine. we're on the ground in nevada with a federal search response team. >>e inar onstoppread cod.weow y theew rules inincan't ay because of unvaccinated players, nobody gets paid. >>> extreme danger in the west. firefighters face terrifying scenes inside an inferno. the latest on the wildfires, plus water rescues in arizona after a powerful monsoon.

always >>> robinhood is a five time cnbc disruptor the disruptor 50 that topped this year's list ceo vlad is one of the speakers of the disruptor 50 summit you can register at cnbcevents.com. >>> john najarian is on. he's there to lay out the stocks he's seen action in. if you haven't already, follow our podcast. check us out on apple, spotify or oerth podcast apps. we will be right back. the number one brand to support beautiful hair, glowing skin, and healthy nails. and introducing jelly beans with two times more biotin. i'm evie's best camper badge. but even i'm not as memorable as eating turkey hill chocolate chip cookie dough creamy premium ice cream and chasing fireflies. don't worry about me. i'm fine. you can't beat turkey hill memories. ♪♪ it was my dream to be an entrepreneur based upon the examples that i had growing up. and that was important for me because you can't be what you can't see. the ey entrepreneurs access network has a tremendous impact on my business and other african american and latino entrepreneurs across this country because they give access to networks, busin

i'm gayle king with anthony mason and vlad duthiers. tony dokoupil on baby leave.er 12 may soon be eligible for covid vaccines. how this could affect the fight against the virus as case numbers surge. >>> plans for a bipartisan committee to investigate the assault on the capitol fall apart. we'll show you the partisan clash over who should be on it and what's next for the investigation. >>> there's new trouble at the olympics just one day before the opening ceremony. we are in tokyo with the latest

that's vlad duthiers. tony's still on baby leave. i'm gayle king. let's go. verge of seeing space history in texas as jeff bezos prepares to blast off tomorrow in his blue origin spacecraft. we'll talk to him and his three fellow passengers as they prepare for launch. >>> alarming coronavirus trends, daily cases nationwide nearly triple in weeks. more u.s. athletes test positive ahead of the olympic games including a gymnast and tennis star coco gauff. >>> wildfires destroy dozens of homes in the west while floods kill more than 180 people in eupe

glad he guerrero junior was named m v p at 22 years old, is the youngest ever and with his father, vlad he became just the 3rd father-son combo to hit home runs in an all-star game along with barry bonds and bobby bonds and ken griffey and ken griffey junior. well, as for the local players. got to show you how they fared. brandon crawford, the sole player in the game for the giants. kevin gausman didn't pitch buster posey's injured and then also chris bassitt representing the a's. they faced off to start the bottom of the 6th which resulted in this crawford pop out here. but then that's it would get out of a jam. he give up a run on a passed ball. but strikeout kris bryant with 2 on that in the bottom of the 7th matt olson would come up to the plate. his appearance was short lived as he strikes out there and he would strike out again in the 9th as well. alright team usa hoops finally got a win today after losing their first 2 exhibition games. finally head coach gregg popovich was all business. 1st quarter here us a leading by 9 bradley beal from the wing. his threes good. he had 17 poi