we're starting to see a little more discipline and action out of paypal around focusing their investments, using some of their capital allocation. that one, you know, that one has been sort of languishing. charles: yeah, yeah. i'm glad to hear you kind of changing your tune on that one. i'm long. i have got a long way to go to even break even. lisa, thank you so much. we'll talk to you again real soon. >> thank you. charles: next big name up at the batter's box, they report after the bell, rather, my next guest is bullish on the stock and predicted a strong summer for disney back in may. options play director of education and product is here. jessica, disney, they had everything, right? they had the pandemic. then they had travel issues. they had some maybe some self-inflicted wounds, getting involved in florida politics. is the coast clear now for them? >> yes. this is a great question and disney is different as far as their variety of revenue that they offer. so they do have the parts like you said, they have the streaming services, things of that nature t has opened back up. those covi

we'll use example of paypal today. at one point it was number one percentage gainer in the market. up 46% from june lows. first is revenues. up 5% quarter over quart other, up 9% a year ago. that ain't too bad, golly should it be up 46%? what is the story here? we go from there, we look at the cash flow. how the cash flow operates we'll bring that up in a moment. here we go, net cash provided by operating activities, 1.466 billion. that is up from a year ago. now the story starts to get a little bit tan at thattizing here. where do we go from here? remember how we get free cash flow? we'll wray that up in a moment. free cash flow, provided by net operating activities 1.466 billion, minus capital expenditures, these are investments, free cash flow. that is a lot of money. what did they say they would do with that? $15 billion in buybacks. this is really amazing. alan, this has been a recurring story in this earnings season, a lot of these companies that have been sort of iffy they're starting to prove themselves. wall street is looking at this number first and foremost. >> absolutel

jack: carleton, let's talk paypal, the stock has done, there is an activist investor in elliott management. will it work? carleton: i have confidence in elliott's admission. what i used to pay back with the burritos i buy but basically this is a company that got ahead of itself during the pandemic but there is a solid business, it became undervalued during the selloff we saw in check companies. you've got to get costs under control, return capital to shareholders. you have an activist there that is accountable. jack: give me a stock to love or too low. al: i want to dislike lucid, the electric vehicle stock. they make 6500 cars, they are having supply chain problems, still $30 billion, stock is down 10% after they said that. jack: don't how you are breaking into the car business. yeti, last christmas you told viewers to avoid it, the stock is tanked on earnings. what should investors do? al: ben: the stock benefited from the pandemic, they were looking at $80 coolers and decide to buy them. now we are here, inflation is roaring, food prices are high, people aren't buying $480 coolers or go

you know, i own, i guess, paypal out there. i started to nibble there. my toe in the water in cyber an own amazon and some of the other things a company, baird recommended them today second quarter was up 10%. 21 times next year, growing earnings at 15%. i think there are places you can invest in cyber. >> speaking of, you mentioned a call from baird on paypal. they go out perform as you're mentioning now citi reiterating walmart and target today as buys you own target you could say these are controversial calls in the current environment. what do you make of it >> we have time on target and walmart because they have to work throughout inventories, but i think at 14 times earnings, and still seeing traffic growth and market share gains, is worth buying it's worth picking at it if you have patience fort long term you have to get to the next quarter to see if they can work this inventory down. it was encouraging they did guide operating margins to be 6% in the second half of this year. they did 1.2 in the operating margin last year a big reversal. >> liz y

there's a book a few years ago about must and the rise of others of paypal. credit card companies and banks of the time when that was starting could have crushed it in the early participatorswere wondering why in these big guys come in and crush it ? the big guys didn't see what they were doing and realize the implications even though stock has taken a hit it still is worth over $100 billion and none of the incumbents at the time 30 years ago, 25 years ago foresaw what paypal would do. andyou have that going on all the time if you have a free economy . people never would have thought of . >> that's interesting. i wonder how you square that with what we see in the international context which is very much the case that has countries develop , as they move up industrialization ladder and as their population growth slows their growth gets tended but china obviously is an obvious example we saw. probably we watched it happen within our lifetime, it went from double-digit growth to onmoderating down towards six percent and i wonder how you square that global experi

that's one and then there's paypal. paypal was a darling during covid and it really fell apart it's down 70% over the last 18 months trade for 20 times next year's earnings they cycle through the good covid numbers and then the bad numbers following covid when people started to go out more and we've got elliott management on their heels trying to get them to cut costs. they say that sales are pick k up so we think paypal in this environment again is defensive, but it's also a growing company with an activist involved. >> right >> so those two are names we think are attractive right here. >> thanks for outlining the opportunities you see. appreciate it, kari fire union st stone. >>> goldman sachs lifting its vaccine and covid requirements for workers in most offices. deilne, quk x"iltas xt"sawbo wl be right back. >> announcer: squawk picks is sponsored by wisdom tree, the modern alpha pioneer >>> goldman sachs dropping all covid protocols and will be requiring all employees to return to the office five days a week joinin

if you look at paypal's expenses, they're almost double that of their peers. but what about buying pinterest? and i say pinterest because elliot is the largest shareholder in pinterest. is there some way that these two pandemic winners that both start with p, elliot management as a huge investor, can they come together? stuart: investors want to know the answer too. then we have starbucks, i know they reported late yesterday after the bell, i know that. how did they do in china? lauren: not good, down 44% -- stuart: whoa. lauren: what do you expect? you can't do anything in china. plus, their u.s. numbers were fantastic. what are people doing? they're getting in the car three days a week with, driving to work and stopping by the starbucks drive-through. seam-store sales up -- same-store sales up 9%. morning coffee, the morning breakfast menu is half of their overall quarterly menu, and cold drinks are responsible for three-quarters of that. stuart: we are drinking starbucks. lauren: you will never go out and buy $5 drinks, but ore people -- other people are. t

the launch a share of contract workers at the time were from vietnam, almost $60000.00 paypal level. um, so got a little la moves i worked at the port and raw stock doing everything from shoveling loose cargo to loading and unloading ships, detail everything. it was physically demanding work on those that go with and i i was living on the 10th floor in building 18 in altogether with my colleagues that we were for to a room wharton. they contracts required them to live in dormitories at the zone and bloom and house. they had just 5 square meters per person, but home was glad to be living in rostock, buckingham goulburg. i remember one time a group of 4 or 5 of us from the zone emblem and house went to rostock main railway station. let it look at there was a change of schedule. so we couldn't get a train to lift and ha, gonna like norway. we didn't know the way i got back and all we could do was draw 3 sunflowers on the ground. i am having some locals understood and showed us how to get home back. my phone colette is now an intercultural advisor. she also arrived in raw stock as part o

in the area of possible radiation exposure, we distributing id and tablets to paypal, mainly those under 40. it's happening as the un nuclear watchdog. the international atomic energy agency is about to inspect the saudis here power plant or for the facilities occupied by russia. and the fighting nearby has intensified in the past few days. level, a level of the i. e. a team is due to assess any damage from the re said shelling, evaluate the conditions in which staff are working and determine the functionality of safety and security systems. people here at ukraine's state nuclear power company are waiting anxiously for the visit of v i. e. a, they're not wholly waiting to get news of what's happening inside the plant, but they're also hoping they'll be able to convince russia to withdraw from the area. russia says it is ukraine. that's selling the area in an attempt to re take control of a plant. ahead of ukraine, nuclear company told that 0, this is not the case. the rural calls or olds which exist in the nuclear safety radiation safety and physical objects. they broke cabinets and, and

the high mars systems, my guess is they're not uniformed paypal, they're probably mercenaries, black water type mercenaries. but the us, if they wanted to stop the, a dangerous showing, as i presided, they could do it tomorrow by simply ordering that. and i hope we get a camera picture on what's actually happening. there's potentially a nuclear power plant late this week when it's visited by the i e. a delegation. so we'll look forward to that many thanks for joining us on the program. richard black, former republican virginia state senator, will be appreciate your inside. thank you very much. the washington claims is worried about the unfolding european energy crisis and his promise things to help deal with the threat of potential shortages which have been prompted by us lead sanctions. now the top white house aide says have confidence that europe's commitment to ukraine will not be affected. so despite b, e use problems on the home front. we're concerned about potential energy shortages in europe as the winter approaches. we'll be latched up with allies in partners to try to do wha

and payment-related things to keep an eye on rh visa and mastercard down due to an upgrade in paypal. they like paypal's cost containment plans as well as the share buyback plans and the elliott management while they do think visa and mastercard has mastercard are already seen. the daiwa call is in part driving the action back to you. >> hey, dom, i know you keep your eye on these markets, what do you make of this four-week win streak that we've been on. has there been anything that has stuck out to you about it the most >> the interesting part about the move higher is it seems as though all of a sudden people have got and little more optimistic about the earnings picture and haven't focussed so much on the valuation side of things a lot of the reason you saw the down side is especially in mega cap and immedimedia services was interest rates it seems to have stabilized on the long side of things. but the earnings pictures have started to come back a little better corporate results are okay people don't seem to be as concerned about valuations it does give ah myou a moment o pause, rig

more heavy rain is forecast in northern sudan where jam pause and flash floods have killed 6 paypal and injured dozens more. at least 3000 homes were destroyed in river now state the rain cut off the main highway connecting this state to the capital hut soon hip morgan is in berber with move. this is what mccaleb in butler county incidence over now state now looks like homes destroyed families out in the open as a result of heavy rains and flash floods that lead to the destruction of one a 3000 homes here in but about a county many families who have spoken to said this is the worst flash floods and heavy rains they've seen in decades. they have those, their properties. some of them say that they don't know how they'll be able to rebuild their homes. and they said they don't know when 8 is coming. it's been 2 days since they've been here in mccaleb being displayed or left out in the open as a result of the heavy rains. many of them say that they need assistance. they're looking for clean water. they've been out of electricity for 48 hours now and counting, and they said they have not see

the billionaire founder of paypal and tesla has moved aggressively into space. he believes humans will be more than just space tourists. he has plans to settle people on mars, and he says we will inevitably become a multi-planet species. elon musk: fundamentally, the future is vastly more exciting and interesting if we're a spacefaring civilization and a multi-planet species than if we're not. it--you wanna be inspired by things. you wanna wake up in the morning and think, "the future's gonna be great." and that's what being a spacefaring civilization's all about. it's about believing in the future and thinking that the future will be better than the past. and i can't think of anything more exciting than going out there and being among the stars. jonathan: elon's not the first billionaire to try and get into the space business from, you know, dot-com money in the '90s or a lot of people who did that. he was just the only one, so far, who had the stamina to see rocket after rocket blow up and still not give up. and so you know, it was a rough first few years, but

now have you pass that on to the necessary paypal and what does the response pay? yeah, definitely. heavily as addressed as partner for different social media platforms. and since the past year, basically since may 2021, when the may uprising happened, we've at and before that basically we were creating those cases, those who needed companies, many of those cases were restored because they will not be anything the community standard. and that means that the content is basically a documentation of a human rights violations or telling a story for the like, for people on the ground. and that's news like this. this should not be like a violation for the community standards. and that said, that means like there is an over motivation of the palestinian content and on the migration of the other content, which is really content which has like we pointed out into that in our index of censorship. that basically is where it is our shooting case. speech violence, speech and incitement against unions, and ours, under social media platforms. and they probably keep a conversation

you see amazon and paypal finishing the day higher today. alphabet and apple a little bit lower on the day. bed, bath & beyond and risk of the meme stock conflict. they are standing out today with a whopping 29% gain on the day. investors really piled that into the stocks. lisa about $99 million worth of buying into the stock over the last few weeks. if you look at the year-to-date gains, that is up over 82%. >> the stock is up 400% from bed, bath & beyond. i am curious what kind of activity is with stocks out of the surge. at the beginning of july and august, we saw bed, bath & beyond there in terms of activity. we have seen it grow. over the last four or five months, it has been mostly negative on bed, bath & beyond and then it is a spike in sentiment. they have maintained that position. we see that with the run-up in the price from five dollars. we have seen a lot of really interesting activity. >> here is the question. >> meme stocks, we see less capitulation. gamestop has been steady. bed, bath & beyond, i think there are a lot of facto

i'm pleased to be here today to welcome author jimmy to discuss his new book founder's the of paypal on the entrepreneurs who shaped silicon valley. it is especially wonderful to be here because i knew jimmy and my early 20s. this book really takes place to talk about a group of people who support each other and worked really hard to gather part have been lifelong friends, beating after college summit meeting in the early 20s but it's a very

i have a winner, it's paypal. they're up 2.6% on upgrade from bank of america and they hiked the price target from 94, where it is now to 114. they see growth driven by additional cost efficiencies and shares. ashley: nice to see a stock moving higher. great stuff, lauren. now this, fast food workers in california can soon be making $22 per hour and that's got some economists sounding the alarm. we'll get onto that story. plus, the governor of new york telling conservatives get the heck out of the state. now the governor of florida is pulling her out. we've got his response and the white house doesn't seem to think migrants are walking across the border. really, roll tape. >> it's not like somebody walks over and [inaudible]. >> what's happening? thousands of people are walking in a day. ashley: he sees people walk over every day and he'll have the report next. ♪ ashley: another bus full of migrants just arrived in washington dc this morning from the texas southern border. matt f finn at the border in eae pass,

you brought that up because as we checked in with you during earnings season and during the story of paypal, there are juggernauts that have struggled but so many of them are still suited to grow. it was cofounder and ceo on one hand keeping the growth narrative alive while on the other hand, the cfo was trying to remind people that they are going to be cautious with their spending as well. >> i like the classic. airbnb got a profit in that quarter. airbnb profitable despite getting this consumer back. we are offsetting to be of factors. pent up travel demand. everybody is talking about it, but that is seasonal. there will be a finite amount of people booking their summer vacation. inflation is what it is. that is where the concern is, not just the current period and the disappointing forecast but the growth narrative for next fiscal year. >> like we talked about in the intro, bookings and holdings. it looks like they have to balance the same thing. how are they going to fair? >> this is an interesting story because if you look at the stock performance, it is faring better. booking is basic

amazon and paypal finishing the day higher. alphabet and apple a little bit lower. you know who is having a good day? bed bath and beyond. and the rest of the meme stock complex. bed bath & beyond standing out today with a whopping 29% gain on the day. that triggered several trading halts as investors piled back into the stock. we have seen about $99 million worth of buying into the stock over the last few weeks. take a look at the year-to-date gains, that is of more than 82%. definitely a far cry from the s&p 500's 9% decline. emily: thank you. let's look now at a three week chart of bed -- bed bath & beyond the stock of 400% despite three downgrades. shares were halted after spiking this morning, a sure sign the meme trade is alive and well. i am curious what kind of activity you saw on stocktwits ahead of this surge. >> thanks for having me. we saw at the end of july and the beginning of august, we saw bed bath & beyond rocket to the top leader boards in terms of activity. since august 1, it has been second only to amc. -- has not cracked the top 10 or 20 or so.

emily: you are -- were running the comers at google, for they were the coo of paypal, you were at braintree, several times on our show in that role. how did the conversation start with pinterest? >> i admire what and in the team -- ben and the team built over many years. more recently we talked about not only how he was taking about he was from himself, but how it -- what he wants from pinterest. a lot of great alignment for the vision of the business. as you touched on in the intro, opportunity to go from inspiration to realization i think is a really unique thing that does not exist in many places. finding inspiration and intent in the claim -- same platform is really unique and uncommon. there is a lot of -- the opportunity to have people take all the way through that to realization is a great chapter where pinterest can go. making sure to continue on the inspiration and discovery that is already the core of what people love about the platform. emily: there are some that were surprised that dan had left -- ben had left, he had been there for years, can you give us more insight as to why

squads to poland, to eliminate bipolar on for fluke political, political that says to click resort paypal at the sun. the biggest and most important thing i have to battle with is fear. sometimes i think that the bloody regime will stretch its arm as far as here. but i know that i am only a small fish and you have to polish special services or at work here. so i can reassure myself that it was only after long consideration that we decided to hang our national flag in the window. ah, yes, willing yet. because this is terry suppose gallia street, it leads to minsk street when bella russians traveled to minsk from poland. they drive through terrace pole. i imagine it is my route back home. symbolically the road runs right beneath my window. weitzman is threatening natalia and mikhail maxime of have adapted to live in germany. they have received a 3 year residence permit and are taking german language lessons. their homeland is often in their thoughts i've already written several letters to people being reminded in custody on the rosman. must we always feel so guilty, we hear and we're all fi

emily: one of the most prominent tech founders is a friend of euros going back to the paypal days. you recently tweeted about elon musk, defending him when he was attacked by president trump over time to pull out of this twitter deal. i am curious what you think of ila trying to pull out of a deal, back battle, he signed a legal document to pay $44 billion without a lot of due diligence. that was his choice. what do you think, given it could compromise the social platform? reid: i don't have inside information. i haven't talked to elon about police court filings. twitter is an important part of the internet. i think the challenges -- the challenge is this weird drama were truth is stranger than fiction at you say there is a great individual who is great at animating who is buying in the market changes and there is contestation around whether the twitter reports were factual or not and elon is saying no and twitter is saying yes. there is drama. the real tragedy is how important twitter is to the information ecosystem. we want to be creating that innovation. whatever happens i hope

he worked together at paypal and you have expressed support for him in the last several months when it comes to this twitter deal. looking at some of the tweets, the big question is did you have any nonpublic information? you talk about bots and suggest that deck -- jack dorsey masterminded this whole thing. is this all just your opinion or do you know something the public does not? >> i do not. i am a commentator. i do a pod -- i have been for a couple of years. i have been writing blog posts for years. i expressed my opinion on these topics. this is all based on the public information. i am linking to the public information that i'm reacting to. that was a screenshot from a court filing that elon's lawyers filed. those are the facts i am citing. i am just a public commentator on this issue. twitter and elon have a fully integrated merger agreement that was negotiated by some of the best lawyers in the world. i don't know what the relevance is of my public commentary. on a contract dispute between them. this does make any sense. lots of people were roped into this. you saw that joe lo

for his next act he created x.com, which would later become paypal. the appaur uncle had to use because the others won't work on his nokia. musk took the money he made from that business and build an empire-- rocket ships, solar farms, artificial intelligence, neurotechnology and underground highways. all while dating celebrities and starting a record label to release his own track. all the more impressive considering musk had clearly never heard music before. yes, elon musk refuses to stay in his lane, much like a tesla on autopilot. >> it's changing lanes by itself. >> tesla's groundbreaking cars... >> go! >> brought unprecedented power range and sexiness to electric investigation, a market previously reserved for nerds who cared about the environment. and musk even promised the dream of full, self-driving technology. >> no hands, no feet. >> promised repeatedly. >> i'm confident that in less than a year, you'll be able to go from highway on-ramp to highway exit without touching any control. >> holy shit, it just ran that red light. >> the car will

if they laser in on the electronic payment transfers, like venmo, you mentioned, paypal, facebook, who does that impact the most? >> independent contractors and small businesses and they know that. there's not a lot of that at ford motor company. >> gillian: we have to leave it there. grover, thanks for your time. appreciate it. >> bret: coming up, should the assassination attempt on salman rushdie's and iran's plot to kill two officials in the u.s. be a wake-up call to the white house? we'll talk to massi alinadaj. she says iran is trying to kill her on u.s. soil. >> gillian: and one year since the u.s. withdrew and the taliban took over. general jack keane joins us next. >> most significant military operation of the entire war, withdrawing from afghanistan after 20 years, the administration didn't plan for this. when hurting feet make you want to stop, it's dr. scholl's time. our custom fit orthotics use foot mapping technology to give you personalized support, for all-day pain relief. find your relief in store or online. new projects means new project managers. you need to hire. i n

he has incredible background with paypal and google he was in charge of google shopping turned google shopping around effectively and now stepping into pinterest where that is a core part of the story and lagging. there are a lot of reasons to be excited. we're neutral rated on the stock. there's mild upside to the stock, but not enough to get us that excited until we see more proof points. >> lloyd, it is a hold you are neutral on this. in your coverage, you cover tech and communications names what is the buy fundamentally? which one is better than pint pinterest? >> amazon is our favorite right now. what we see with amazon is they are just enough getting through the toughest comps from the pandemic your optical headline growth is getting back to attractive growth rate. they overbuilt on capacity and supply they are now taking that out of the system the margins are going to start to look significantly better, we think, going forward for amazon. that is one that feels like they've gotten through the hardest part of the post pandemic era and they are getting back toward normalized envi

. >> and a then paypal surging on the back of its second quarter results, the company also revealing it entered into an information-sharing agreement on value creation with activist's hedge fund elliott management. up by 11.5% in early action. "worldwide exchange" is back after this our clients come to us with complicated situations that occur in their lives. for them it's the biggest milestone, the biggest accomplishment, the sale of a business, or an important event for their family. for them, it's the first and only time. we have seen this literally thousands of times, in thousands of iterations. ♪ ♪ i am vince lumia, head of field management at morgan stanley. whether that's retirement, paying for their children's college education, or their son or daughter getting married, our financial advisors need to make sure that they are making objective decisions, every step along the way. every time you hit a milestone, an anniversary, a life event, the emotions will run high. making sure that you have somebody, a team of individuals that have seen it before, have seen every circumst

paypal, air b&b, starbucks. these are well-known names. these are all names you know, including cvs health. i expect a really good number. i have to address this. going to a drugstore is so horrendous with all the merchandise under lock and key. i don't get my toothpaste and shaving cream from amazon. it is faster than ringing that but belt. i need help, i need help. what the heck is that? humor me. what will they do with all of that vaccine money? it is a -- people don't like it if it is just a vaccine. they want something besides the covid vaccine -- pipelines and merge them altogether. that would make it into a major. young brand, i bet they could put up big numbers, not so much for chipotle and mcdonald's. i like kfc but -- greasy but i like it. taco bell is okay. pizza hut has been disappointing. it confuses the mayors of the world who bet against the restaurants. these are strong companies who have taken a lot of market share from the port mom and pops who did not make it through covid. here is a shakespearian question. one will the

it is where you have seen floodgates open for apple, paypal, ibm. jon: it is interesting when you consider the fact that meta-has about $40 billion of cash and cash equivalents. you referenced apple, closer to $180 billion, yet they are taking advantage of what the bond market offers right now. is there a concern that as things we can that those cash flows will start tweaking more if you are pulling the trigger on a credit deal? robert: not at all. there is nothing but excitement. demand for used deals has driven pricing lower. somebody like meta-that has zero debt, nobody has exposure. this is not like in equity were value has fallen by 50%. everyone wants exposure to cash generating assets. three cash flow is still likely to hit $20 million. this is exactly the type of name people want when they are worried about a macro economic slowdown. taylor: i think it was you when we interviewed you about apple, you said they have millions, why not more? when you think about not only the service step to take advantage of still relatively low yields. is this

emily: you were running e-commerce at google, you were the coo of paypal, you were at braintree, several times on our show in that role. how did the conversation start with pinterest, and how did you both come to the decision that this was the right call? bill: i admired what ben and the team had built over the years. we had recently been talking about not only how he was thinking about what he wanted for himself, but also what he hoped for for pinterest, and there was a great alignment on those things around the vision for the business. as you touched on in the intro, the opportunity to go from inspiration to realization, i think it is just a really unique thing that doesn't exist in too many places. finding inspiration and intent in the same platform is really unique and uncommon. as much as there is a tremendous amount of discovery and inspiration, helping people take that all the way to realization will be a great next chapter in where pinterest can go, and of course, making sure to continue on all the great inspiration and discovery that is always the core of what people love about

paypal sharply higher. these are the names that are propelling some of these indexes higher over the last month as investors want in on beaten-down tech names. not so much strength on the day if we look at some of the china adrs. petrochina and china petroleum and chemical are no longer going to be listed in the u.s. that is weighing on other adrs, including alibaba and bili. both down sharply. guy: great stuff, abigail. lori sommers -- lawrence summers decrying a global corporate minimum tax on the democrats' recent tax and climate change bill. he says it threatens the international agreement. >> if you look at the history of policy in america, things get passed. they are not government immense scale the day they pass, but over time they grow. that is the way it was with social security. the weight was with medicaid and medicare. i think that is perhaps the way it is going to be with this first major legislation taking on climate change as an economic strategy priority. we can debate the precise merits of

emily: look, we know you go way back with elon, you worked together at paypal, you have expressed support for him, at least in the last several months when it comes to this twitter deal. looking at some of your tweets, the big question is did you have any nonpublic information? you talk about how you suggest jack dorsey masterminded this whole thing. is it all really just your opinion, or do you know something the public doesn't? david: no, i don't. look, i'm a commentator. i do a pod, i've been doing a pod couple years, i've been writing blog posts for a couple years. i express my opinion on these topics. this is all based on public information, which, again, the screenshot you are showing, i am linking to the public information that i am reacting to. that was a screenshot from a court filing that elon's lawyers filed, and those are the facts i am citing. i'm just a public commentator on this issue. twitter and elon, they have a fully integrated merger agreement negotiated by some of the best lawyers in the world. i don't know what the relevance is of my public commentary on a contract d

back, we will reduce that this week, we're going to hear from the consumer discretionary with uber or paypal or alibaba with chinese demand and others e-bay. it will reflect what is happening with the consumer which may signal a different trend than the professionals because it tends to lag by a few quarters >> we had sony overnight in japan give disappointing profit numbers and guidance as well that's a consumer story. they were talking about weakness in gaming. you have google and alphabet with the top story on cnbc richard, increasing prope productivity what are they saying between the corporate speak lines? >> i think you have to look at the companies especially how well managed big tech is relative to a lot of the smaller companies that don't have the adult supervision. they might not have the same depth of resources you know about the $300 billion of cash on the big tech balance sheets what the companies are telling you, they are happy to look through the cycle and down turn and prepare for the next one i think you look at sony and it is trading at 1.4 times sales. it has phenomenal sp

paypal spent $4 billion buying this site. what it does is it a browser ad on and automatically put in coupon codes and you will see that price drop if they are successful in getting one of the codes. just stopping at shopping at jay crew and go on google to find one that works. >> ainsley: i will type in coupon code jay crew get a list most of the times they don't work. >> in this case this one is actually working probably more often than not. that's another great site. and then. >> ainsley: automatically puts in the coupon code for you. >> it does. you don't have to do the work. finally, not many people know this but shop refurbished and renewed things. you will find stuff that may just be open box and brand new. very people know amazon warehouse outlet online part of amazon discounted slightly used renewed items that are there. and you can also buy used textbooks at book finders. all that at cyber guy.com. >> ainsley: saving us money. thank, kurt. more "fox & friends" coming up. it's time for the biggest sale of the year, o

>> as you said, okay the back of paypal earnings up 11%. not surprising to see that block traded more than two times the average trading value. one stood out. the august 90 and 95 strikes were the most active call buying we saw going into earnings tomorrow. one trader bought 2,000 contracts of the august 95 calls. spending on average 2.09 for those call options. this is someone that is spending a little over $400,000 in premium to bet that will square will rally at least 10% more between now and the august expiration which is in under two weeks time. this is a bullish outlook on the back of a strong move today. >> you got thoughts on this? >> any time you are trading momentum and you have seen it in the tech space and specifically -- i would play it through options. makes sense to carry over from what we have seen from the peers on the earnings side. >> tony, thanks for that quick hit. >>> for more options action -- i did it friday and i did an option action. >> did you like it? >> i did. i was a stockbroker. you know about my graft kings p

you know a lot of these names, nvidia was one of them, paypal, they have come down so much i believe there is value here. the fundamentals will improve. we will get through this. there is still some noise right here that we're going through but for long-term investors i think they will be happy a year or two, three years from now that they bought it. lauren: seems like a lot of problems for nvidia. crypto miners who use some of their chips, they pulled back. consumers that buy pc's, phones and chips that pulled back, where do you see the opportunity? there is the chips bill but that law doesn't really affect the chip-makers for quite some time? >> yeah, correct. i think there's a lot of opportunity in gaming. there is always opportunity there frankly, there is opportunity on autonomous vehicles and electric vehicles, there is more areas that we've yet to touch an kind of this omni verse metaverse, there are other areas there are opportunities nvidia has yet to tap into. lauren: he likes nvidia. that is from jim. teddy, let me bring you in here. i was saying earlier in the show this s