jonathan: carl, why are they there? carl: they are there to prevent some sort of dish present some sort of framework for how policymakers at the can about the economy. tom: please. carl: it is not meant to provide a clear forecast. tom: carl riccadonna and i closed a bar a couple of years ago talking about the dot plots. carl: it is a useful tool. don't scrap it. lisa: bad news. tom: thank you. jonathan: lisa talking about an existential crisis, someone walking down 50 flights of stairs this morning. tom: i want to talk about the carter malaise at some point this morning. jonathan: we can do that later this morning. lisa abramowicz, jonathan ferro. tom: if i take the second one on my knees, does that work? ? jonathan: it is payrolls friday. this is bloomberg. ♪ >> the race to secede japan's prime minister is seen as wide open, saying he would resign after failing to control the coronavirus search. whoever becomes the next leader of the party is assured of becoming prime minister because the party's dominance in parlia

i'm carl quintanilla with morgan brennan and david faber. close to post nine china's evergrande rolling markets around the world as asia closed, hong kong down, the dow down 17. housing data this hour let's check in with diana olick. >> carl, builder sentiment rose 1 point to 76 on the national association of home builders wells fargo index. that's a slight beat and the first gain in three months the street was looking for unchanged. sentiment stood at 83 in september of last year and then set a record high of 90 last november it dropped off when lumber prices spiked and supply chain issues hampered construction price of lumber is down to quarter of its record high from last april and builders say delivery times remain extended and the chronic construction labor shortage is expected to persist. if the index is three components, current sales conditions rose to 82, buyer traffic increased to 61 and sales expectations in the next six months steady at 81. regionally on a three month average sentiment down everywhere except in the midwest, that,

just aimed at batteries, carl. it might be double that or more when you look at the whole ev system you compound that over a decade and, man, we don't know where it will end up. the whole battery system is still very much maturing and not taking anything away love the car it ripped my face off on the west side highway a couple months back. careful of declaring victory too soon this is a marathon. >> you do layer your conversation regarding lucid at least with a question of whether or not range makes you sacrifice other things like safety, for example. i wonder, are you a little suspicious of the market's apparent thirst for extreme range? >> range is important but it's not the only thing it's cycle, repsychscycrecyclaby how redundant the supply is, the speed of charging. so range is very important, don't get me wrong, but we wish there was more transparency how big the battery is i'm sure that will come out. lucid has cool technology where the battery is not just in the bottom but other parts of the architecture of

how wrong i was, carl. i ordered something this morning and was happy to see it would be coming later today even -- hey, that continues to be important never more important, probably, than it is now actually to the point you can get things faster than going to the store. right? you got to schedule out the time you're actually going to go. if i can just do it in the morning and it's there in the afternoon? hey, that's better. >> just this week kroger and instacart, basically 30 minutes. amazing thing that happened in same day, literally same hour. another deal in the buy now pay later space, investment that continues to be red hot. goldman buying greenskies, a company more focused on big ticket items like a construction project or cosmetic surgery. a company with its own interesting history. the 50% pop today looks big, but actually went public with a $4 billion valuation in 2018 and fell as much as 70% as consumers increasingly missed their payments obviously not the first buyout square's deal for afterpay

the carl here can we stand? i'm president, the temperature extremes of up to 8 degrees celsius today, enabling it's a better code as our temperatures rise. so we use a mona called every mater we get to show and it's the sign photo year after year and month after month. so why do we do a little think marks along the lawn, which here is just that little spirit level into the center. well, that's quite tricky to get it phyllis, man, and i can fix that easy and then carry on. okay, the more to go me. simple method allows liam to compare the state of the card over a period of time and have noticed signs that even this hate resilient carl is reaching its limits here fully, but it's not now our growth on it. bleaching occurs when the washer is too long and al gave the carl food source is expelled. really completely white. it's really flowing in life. it's just a huge pitch. you would look at your reference co system engineer and to lose that building block, you just lost your structure. you lost your community block, t

welcome to "tech check" i'm carl quintanilla with john fortt. all related activities illegal it's hitting coinbase and robinhood, as well. >>> plus iphone 13 models hit the shelves today, but you may have to wait a while to get your hands on one a deeper dive on apple demand. >>> and then one software name soaring. why an analyst says it's a must own for growth investors, john >> we will start with stocks lower today. a selloff to start the week, a rally followed mike santolli is putting this week's volatility into perspective for us mike. >> yeah, john, pretty much a round trip for the s&p 500 from last week's close but a lot of movement under the surface the breakout higher in treasury yields might be one of the more significant ones and kind of says a lot about style rotation, things like that take a look at the year to date chart of the nasdaq 100 etf along with the s&p 500 value a lot of contrast here right here where the nasdaq 100 was really suffering into that early march, that's when ten-year yields were racing above 1.7. that was the h

. >> -- carl but does he have a guest. his guests are amazing out there. >> you have a lot more coming up on tech check. >> we do, guys >> the eagles beat the cowboys oh, i like >> we're going to watch the tech sell off, obviously being driven by some macro issues you'll see elon musk on the tape later today. mark of salesforce and on tech check, jim brieer will talk some things with briarcapitol watching all things tech and the code check >> this is just a fantastic day. you'll come back with more wisdom than we'll ever have. >> that's actually usually the case when we come back, we're going to hear from capital chair powell and secretary chair yellen ♪♪ in boxing or any other business, one day, you're gonna take a hit you didn't see coming. do you stay down? or do you get up? [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ >>> welcome back to "squawk on the street." live with breaking news. our september read from the conference board on consumer confidence 109.3. we're expec

here tomorrow hey, carl. >> we can't wait to join you, john let's get to facebook. head of instagram, joined the "today" show this morning to announce plans to pause the instagram kid's project. >> say we want to talk about how we will put the work on pause, i still firmly believe it's a good thing to build a bridge of instagram that is designed to be safe for tweens but we want to take the time to talk to parents and researchers and safety experts and get to more consensus about how to move forward. >> now, the public campaign comes ahead of facebook's global head of safety appearance tomorrow in front of the senate commerce sub committee on consumer protection. julia, facebook's market cap falls below a trillion but still hanging on close to 350. what does it say about the fact that they're doing this? >> i think this is safe, playing all sorts of defense, and on one hand last night they put out a blog post saying you misinterpreted our numbers and we're not bad for younger kids as the report in "the wall street journal" indicated, they misinterpreted and misread

. >> i'm jon ford with carl quintanilla. when it comes to your portfolio, should be buying now, paying later? the top picks in e-commerce and how to trade fintech and an executive shuffle at google. >>> what to make of apple's california streamin' event carl >> jon, interesting market day big moves for tech stocks this morning, google, microsoft, alphabet all down about a percent today on what is turning in to be an increasingly tough tape the names you need to add to your portfolio today maybe in just a moment but dow is down 234. we're going to start this morning with the ftc and the agency's continued pressure on big tech it is alleged hundreds of deals by the largest tech players have gone unchecked, apple, amazon, google, facebook and microsoft have made 819 unreported acquisitions, accused of using loopholes to duck merger reviews and anti trust scrutiny. facebook buying giphy, which lowered the value of its assets to the deal didn't need to be reviewed khan is calling for tougher enforcement of acquisitions which we f

i've been told on good 30 that this is carl rove's car. and i get back to the white house, and i say, fantastic, you paid me back. for every time i stole your car, you paid me back. i got the white house photographer on exact. and i want to get a picture of your handiwork. first of all, he doesn't say it. but nobody has ever come close. so he comes out, we send word through the white house and people come spilling out of the building. spilling out of the west wing. and it's about 6:00 in the evening and people start applauding humbird. and the photographers of having difficulty with the camera. people are coming out in applauding. and harbored is sort of a modest guy and he's going, yes, i did this, isn't this fabulous? up walked to uniform divisions of the senior service and they put him in handcuffs. [laughs] and then the white house photographer takes a picture and it really creeps hubbard, it creeps him out that i keep it in my bedroom. so there's a picture of him being put in hand crafts, being like, am i really in trouble? or is this

she's been monitoring local carl's to signs of stress. what's important about a car was and they, kimberly, one of the biggest stand out faces is their exposure to the elements on the law taught. we sort of have non made a taught around here which isn't saying to me any other blessings of the world. you know, they've got this thermal resilience, which we don't say with a lot of other called the carl here can we stand? i'm president, the temperature extremes of up to 8 degrees celsius a day, enabling it's a better code. as ocean temperatures rise. so we use one called every made or we get a shot and it's the sign photo year after year and month after month. so why do we do a little think marks along the lawn, which here is just a little spirit level into the center. well, that's tricky to get it phyllis, man. and i can fix that easy and then carry on. okay, 60 more to go me implemented, allows liam to compare the state of the curl over a period of time and have noticed signs that even this have resilience. karl is reaching its limits here

i'm jon fortt with carl quintanilla and julia boorstin today, the interview, our exclusive sit-down with andy jassy. the challenges, pressures and future for amazon on almost every topic you can think of and how he's approaching them as the new chief executive takes the reins from jeff bezos, carl. >> jon, we can't wait for it moments away we did open with a gain on the dow, triple digits, 120 or so. lost it and now down 200 despite the cooler than expected cpi number which did give futures a bit of a bounce. we got the apple event in a couple of hours and we continue to monitor garyies ay gensler oe hill. >> the perception of amazon as a monopoly and a persistent question about the structure of aws. okay, andy jassy here we are again. and now you're not the ceo of aws. you're the ceo of amazon congratulations. and so is it any more likely than it's been the previous five or six times i've asked that you think it is a good idea to spin out aws from amazon? >> i knew you'd ask that question every year you ask that question i don't think it is any more likely no, i think all the same thing

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >>> welcome back to "squawk on the street." the first fully private mission to orbit, what some are calling a second space age and marking a series of milestones in the three-day journey that travelled as far as 366 miles from earth before splashing down off the florida coast. the billionaire, founder and ceo of shift 4 payments. so glad to have you on the show post flight. >> thanks so much. good to connect with you again, morgan >> other than toilet trouble said, what was the best part >> i think it was accomplishing all our mission objectives everything we wanted to do on orbit, we got done, which was a pretty packed schedule of research and science but best was finding out we surpassed our fundraising go

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ hey, coach prime... i think you've got what it takes to wear the aflacket. style, charisma, and a smile, that's a 21 out of 10! [aflac!] you know, aflac can help keep unexpected healthcare costs from ruining someone's finances. check out this coverage... you still got it coach, you still got it! i never lost it! yeah! [aflac!] you see that coverage? with that wingspan i see why you got more rings than a cell phone. there's always room for one more. yeah! get help with expenses health insurance doesn't cover at aflac.com >>> welcome back to "squawk on the street." elon musk spacex poised to make history again, sending a crew into orbit this week inspiration for the mission funded by billionaire jared isaac ma

i'm carl quintanilla with jon fortt and julia boorstin what a show. a huge hour coming up on "techcheck" today, the latest on microsoft's dive into hybrid work, and exclusive interview with ceo satya nadella, alongside linkedin ceo ryan roslansky. then hear from verizon's hans vestberg and the commissioner of the nfl roger goodell as a new football season gets under way tonight and that's not all we also have the ceo of work from home winner logitech as the company looks to go carbon neutral by 2030, a big hour ahead. don't go anywhere. jon? >> we'll start with microsoft, focusing on demand for hybrid work with a slew of new features announced today for office and link linkedin ai camera driven software, outlook rsv details and power point feature allowing users to layer teams video into the experience for live presentations. and microsoft's linklinkedin is leaning in, to find out whether a role is in person, remote, or hybrid while microsoft itself is giving up trying to predict exactly when its workers will be back in offices, but i started by askin

today. >> thank you, carl has it dead right. that's what going on and the people who want to make money. i'm saying that zuckerberg actually versus china, the issue, zucker better may come out and fare a bit better than the bad guise. >> very interest, and will continue to be we also know there are changing responsibility of the corporations and pressure on corporations to do things and participate in things they wouldn't have previously, and one does wonder whether they will also make that choice when it comes to decline, and listen perhaps to some of their shareholders when we come back -- we got to go united airlines' ceo scott kirby is here on the company's vaccine man mandate, and a lot more. if you wake up thinking about the market and want to make the right moves fast... get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity. feel stuck with your finances? ♪ ♪ move your money to sofi. earn up to $930 when you download the app and feel wh

because i didn't want carl reiner to be like -- gave me a note, and i'm like, thanks, carl, got it, i'll fly blind on this one. oh my god, what a jerk. i couldn't find him. and i carried it with me forever. i felt so bad. and i'm not kidding, 25 years later i was in a dinner and carl reiner was there. and i went up to him, like, carl. fred. [ laughter ] i reminded him of this thing. i'm like, and i didn't take your note. and he goes, have you been -- this is 25 years. he goes, have you been carrying this all these years? i'm like, i have. he goes, uniyou're absolved! [ laughter ] [ cheers and applause ] >> jimmy: thank god. >> such a weight. it was such a weight. i can't even tell you. >> jimmy: thank god you got absolution before carl passed away. >> thank god, yeah. >> jimmy: well, what a crazy life you've had. >> crazy. >> jimmy: that's just nuts. the last time you were here, you were, as i recall, correct me if i have this wrong, you were training with chef lawsuit tuto well known chef in los angeles, training to cook? >> i was working in the kitchen a little bit. >> jimmy: are you s

cannabis law so, busy week in the cannabis space. >> that's right, carl. and, meanwhile, squarespace is taking aim at companies like shopify announcing new ecommerce products include tools for enterprise video creation and etsy and selling access to online classes and tools to build and bolster social media presence for users and this comes as the stock has seen a bit of a roller coaster since its ipo in may more or less flat after its highs earlier in the summer. joining us now squarespace founder anthony casalena interesting to make squarespace a one stop shop. tell us about broaden the universe of people who want to use your tools or generating more revenue from the customers you already have >> sure. thank you havefor having me. today we're celebrating a few new product launches and updating, sharing some updates for our existing products and really share our positioning right now which is that squarespace is intended to be everything to sell anything. so we're known as a website provider and we've been offering ecommerce tools for the better part of a

are getting paid so much right now just because those skills are in such high demand and i wonder, carl, if you think going forward there's going to be more of an investment in upscaling. we've been talking about this a lot. will more companies invest in their younger workers, make sure that workers can grow into the roles that they're trying to hire for >> indeed, it's been a remarkable week of news for apple. interesting week on the hardware and software front >> not a great few weeks for people tweeting against power. brian armstrong and coinbase, you know, kind of hate tweeted the s.e.c. and pulled the product, now tim sweeney kind of lost on that app store section of the lawsuit still doesn't get back to the app store. tim cook doesn't tweet much. he's doing okay. >> he doesn't tweet much but his comments are still getting leaked out despite his best attempts >>> at facebook, a top executive will leave his post next year becoming an adviser. he has been a close confident of zuckerberg and he does oversee the future growth drivers including the ai, virtual reality, augmented reality

back to you, carl. >> wow, thank you, courtney. watching retail sales today. for more on that, joined by rebecca. great to have you back thank you for the time. >> thank you for having me, carl. >> going into this particular economic data point, the thinking was that delta would have kept consumers from buying goods because there was simply fewer occasions to go out. directionally, does this make sense to you >> not at all. i think we are seeing increases that are getting us closer to the numbers we were at in 2019 and we're seeing retail stores like sacks, bloomingdale's, nordstroms saying they are increasing door dounts because the customers she wants to shop and she is going out, even if she is a bit more cautious when she does. >> do you worry at all about, for example, theics peration of some of these enhanced jobless benef benefits or anything that might curtail consumer cash flow and make them more cautious in buying goods. >> i think the consumer today actually cares more about brands than stand for something and are not something that's gonna, you kno

offering so much less and guarantee the principle but just the principle looks like a savings account, carl, but it's really, really not. >> yep definitely pushing the envelope, and, of course, if you missed the 9:00 a.m. this morning, guys cramer said his sources within the s.e.c. did not look kindly on armstrong's thread and in cramer's own view, shameful behavior and something armstrong should take back i point out, a fair amount of, argue, supportfor armstrong's stance and at least the company deserves a more pro active view of where regulation is headed rather than what they received so far on lend >> yes look, he did get support on twitter, but i think the real question is, what is gensler going to do now about regulating crypto armstrong was clear. they want to follow the rules. if rules are vague it is contingent upon the s.e.c. to clarify the rules. i think this really is going to be a moment here, jon, where we are going to have to see much more clarification and rules that are clear across the board, because if some of the services are already operating, you have a state like new

uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. >>> apple is set to unveil their latest series of products at the california streaming event scheduled today at 1:00 p.m. eastern time the new apple watch 7, the rumored air pods three joining us to discuss what to watch, chris welcome back and appreciate you playing the game we like to play on product event days and that is what do you think the headline will bein a couple of hours? >> you're going to see new iphone maybe marginally better than last year. aer chip and time of flight in the camera, probably and bigger capacity and i look at huge expectation in terms of is this going to be -- on the iphone and like you mentioned, the watch. but i would

in filipino: you'll always be in my heart. >>> welcome back to "techcheck" i'm carl quintanilla with jon forth and julia bornstein. first, a news update with rahel solomon. hi, rahel. >> good morning. here is what's happening at this hour draftkings is reportedly making a $20 billion offer to buy entain sports betting company sources tell cnbc the offer is mostly draftkings stock shares are up about 20% on the news draftkings is down about 7%. >>> jp morgan chase adding another fintech acquisition. cnbc also learning the bank ut bought college planning platform frank. no size of the deal. frank served more than 5 million students since it was launched in 2017. >>> home construction rebounding in august. 3.9% increase was better than expected and follows decline in july although the rise was driven by a jump in apartments being built. singly family construction continued to fall. >>> and here is another reason to start your holiday shopping a little early record backlogs of container ships waiting to unload continue to grow. 72 ships in line to dock at the ports of long beach and los

i'm carl keenquintanilla with jn fortt and julia boorstin goldman is out with the best internet ideas we'll break down the bull and bear calls later this hour and, jon is in seattle at amazon headquarters ahead of his major exclusive with amazon ceo andy jassy tomorrow julia? >> well, we'll start with epic games and apple. we told you on friday, a california judge ruled in favor of apple and every charge except one. saying that apple wasn't unfairly monopolizing the app space with in app purchasing systems. but at the same time, ordering the company to remove its anti-steering rules that banned developers from telling users about alternatives to apple's in app payment systems. epic games has already filed an appeal they were ordered to pay damages to apple for violating their developer agreement. while apple called the judgment a, quote, resounding victory so, jon, no word yet from apple if they plan to appeal any part of this. but i do think now that the attention is going to shift to capitol hill, we got some bipartisan comments on friday, you know, from a lot of commentary this is

carl >> leslie, thank you for that. good update, leslie picker we have a big show coming up on "techcheck" in the next hour including the commissioner of the nfl, roger goodell also the ceos of microsoft, linkedin, verizon and logictech coming up at the top of the hour we finally found the perfect house. yeah, we couldn't believe the deal we got. just lucky i guess. (sfx: airplane flying overhead) we're a little closer to the airport than we thought... (sfx: airplane grounded outside the house) at least geico makes bundling our home and car insurance easy. saving us so much money. -hi. -how was your flight? -good. -good. morning, ted. for bundling made easy, go to geico.com. i think you're going to like it here. umm, why is everyone... throwing things at me? look, as cfo it's my job to be ready for whatever's next. that's why i have my finance team, randomly hurl things at me. it's also why we use workday. it gives us insights, so we quickly pivot our strategy, people, planning, you name it. sorry, sir. i will aim strai

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ wondering what actually goes into your multivitamin? at new chapter, schwab! its' innovation, organic ingredients, and fermentation. fermentation? yes. formulated to help you body really truly absorb the natural goodness. new chapter. wellness, well done. >>> that was sec chair, gary gensler. he was there earlier in the show we were there talking about spacs. and shareholders choose to get their 10 bucks, leaving companies with far less cash than they anticipated. sometimes vilolating the minimu cash requirement although, many get a waver and they say we'll be fine with millions less than we anticipated. he did know the numbers off the top of his head. >> intering to see him separating the framework from iss

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change. faster. vmware. welcome change. >>> imax see ing a record-breaking weekend after the first release of the film only theaters. we talked about some of the numbers yesterday coming out of the weekend but i wonder if you can characterize how the film surpassed, i imagine, your own expectations >> there's no question the results were excellent you have

carl. do you feel the same way? i feel the same way. but also i think we're gonna point a finger not a finger, but we've got to look at our city leadership. okay, because stay out there take you know, unless you about what's good and bad of a city. so what is it you too by bringing these two communities together. hope to achieve bishop. well, i found out the squeaky wheel gets the grease so we haven't been really squeaking like we should and we haven't been doing it collectively. so when carl reached out to me, i told him yeah great idea. let's do it. let's join forces because we all needed the same thing. we want to feel like we're protected in our city carl. what about alternatives to policing? what about alternatives to just cops out on the street that are being proposed well on top of the police, that would be fine, but you're taking resources away and then implement went which may not i mean i've been working so that's dangerous. so i think you know like what, you know special processor insane. we need to work together. remember th

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ schwab! ♪ ♪ ♪ hey google. ♪ ♪ ♪ ♪ ♪ ♪ that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum! at usaa, we've been called too exclusive. because we were created for officers. but as we've evolved with the military, we've grown to serve all who've honorably served. no matter their rank, or when they were in. a marine just out of

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paul: thank you carl good to see you again. when we come back bill for the democratic spending agenda arrives as a house panel advances a $2.2 trillion package of tax increases because the so-called super wealthy to pay up and will tell you who else who will be picking up the tab. tomorrow holds the course of your financial future. which is why it's good to know exactly how you'll get there. for more than 150 years, generations have trusted the strength and stability of pacific life to protect their tomorrows. because protecting those you care about with life insurance and retirement solutions is a winning game plan. ask a financial professional about pacific life. ♪♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire you know how some carriers give you so little for your old matching your job description. or busted phone, you just end up living wit

carl, back over to you. >> dom, it is massive. it is interesting you mentioned that coupa, workday divergence coupa had a run over the last several years, one of those companies with a very specific solution around spend management, kind of a next generation beyond workday and a lot of those companies peaked in february, and then fell off after that, some of them have been coming back pager duty i think a good example at the end of last week. is that part of the software story overall too, just the different sizes and the different runs that these companies have been on >> and not to mention covid, right, and how it impacted a certain kind of business and enterprise spending or outlooks for some of the products you mentioned that business spend management bsm, that has been a big trend for many parts of that particular kind of workplace optimization trade over the last few years here but what it comes down to is whether or not there is going to be any kind of a fundamental strengthening among certain of these companies versus othe

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ growing up in a little red house, on the edge of a forest in norway, there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort. kennedy: welcome back. it is my favorite part of the week it is time for kennedogs. it is a segment where we love your dog is much as you do. keep on sending your pups # kennedogs to twitter. maybe your dog to be featured on the show like jade, look at jade. she is a service dog and she just turned ten. you know i have a soft spot for english bulldogs. this is gypsy,

i'm carl quintanilla with julia boorstin tech continues to see a rough september. several cloud stocks are leading this morning's rebound it is no play day for facebook on capitol hill today. live updates as an executive testifies on the alleged toxicity of instagram. and later, you know john's not a surface-level kind of guy. we've we're live at microsoft headquarters talking about hardware and the supply chain. our feed, though, is going to begin with facebook this morning, sharing its own heavily annotated version of two internal research reports that try to downplay any mental harm that apps like instagram have had on teens and children. the journal has been publishing a series of articles that allege facebook knew of the negative impact on young people and especially young girls and unnerving language, including the phrase "leveraging play dates," which caused a bit of twitter beef last night between "the new york times" and the policy director. when facebook dropped its kids project. today the senate gets facebook's global head of safety and testimony happeni

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hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ ♪ music playing. ♪ there's an america we build ♪ ♪ and one we explore one that's been paved and one that's forever wild but freedom means you don't have to choose just one adventure ♪ ♪ you get both. introducing the all-new 3-row jeep grand cherokee l jeep. there's only one. before nexium 24hr, jeep grand cherokee l anna could only imagine a comfortable night's sleep without frequent heartburn waking her up. now, that dream... . ...is her reality. nexium 24hr stops acid before it starts, for all-day, all-night protection. can you imagine 24 hours without heartburn? that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exc

actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >>> we want to talk about how we're going to put the work on pause. i firmly believe it's a good thing to build a version of instagram that's designed to be save for tweens, but we want to takes the time to talk to parents and researchers and safety experts and get to more consensus about how to move forward. >> that was adam, the head of instagram on "today" after backlash, facebook saying it will pause and reevaluate its work on instagram for kids until a later date after an explosive report that shows facebook found its instagram app is harmful to main teenagers this report citing in part a march 2020 facebook slide presentation that showed that instagram made body image issues worse for one in three teenage girls. which makes me sad, guys, but i'm not necessarily surprised given the fact that in some ways it is like an alternate universe and many go on social media and instagram and they show the parts of themselves that they want the world to see or the perception of the p

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪ >>> california democratic governor gavin newsom is scrambling to get out the vote ahead of the state's recall election just one week away. but newsom faces a key challenge from right-wing candidate larry elder. any way to tell which way this race is leaning? >> reporter: right now it's just a turnout race. california is a two-to-one state. it's a blue bastion gavin newsom has won before. really this is all going to be decided by who actually comes out to the polls. now what we don't know who people are voting for, we do have the return ballots' data. what they have found is that democrats are performing pretty well in the state in terms of returned ballots. 53% of all ballots returned have come from democrats.

. >> i'll get to that in a second getting to the market first, carl the fed chair reporting additional concerns in his testimony. asked specifically by senator pat toomey where recent increase in prices is now less short term, more long term and this is a change in his out look here. >> it is fair to say that it is mainly what we've seen is that the supply side restrictions where we've not only gotten better but in some cases gotten worse. look at the car companies and the ships with their anchors down outside of los angeles. this is really a mismatch between demand and supply we need those blockages to abate before inflation can come down >> the issues related to trading by two fed presidents that recently resigned did not come up in the hearings my colleague got one of the first comments on the issue from senator before the hearing >> i think the fed chair needs to revisit this and reinstitute, bring back or make clear by fed rules that the members of the fed, governors and fed president should not ever trade while they hold these jobs and frankly go the next step that is that they s

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uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. you have the best pizza in town and the worst wait times. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪ limu emu & doug ♪ got a couple of bogeys on your six, limu. they need customized car insurance from liberty mutual so they only pay for what they need. what do you say we see what this bird can do? woooooooooooooo... we are not getting you a helicopter. looks like we're walking, kid. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ in business, setbacks change everything. so get comcast business internet and

and as carl miller explains, what they learned was a revelation. today, we're going to be exploring our nazi camp that we built. in fact, as i've been watching a spattering of games being played recently, i've been horrified to learn just what a fertile ground for extremist culture they can turn out to be. mainstream games, as well as indie and custom made ones, have become places not only to play online, but spaces where like minded people meet, chat and posture. how about we try to win a battle royale across multiple games while chatting nationalism? this is mark collett, the founder of the white nationalist group patriotic alternative, talking to players on call of duty. it's one of the many examples of what the team have come up with, representing just a taste of what's out there. online gaming basically forms a means for people to connect over a shared hobby online. and this includes extremists, which can be really, really important in terms of advancing and furthering the extremist movement globally. within these huge gaming platform, small b

>> yeah, carl. i think when someone's constructing what they want to own, a big chunk has to be compound earners, companies that can on an all-weather basis can generate a top line growth, and because they have a great value, they can grow earnings much faster names like nvidia, tesla, these are all strubl real compound earners. but when i look at the fact that the virus in the u.s. is really diminishing and that there's a lot of pend up demand, that's a tailwind for cyclicals and a great point is oil at 71 i was looking at this moining. when i look at capex to sales, the energy sector, it's at near 20 or lo that's an center that's generating significant cash return for shareholders, and it's not lee freflected in the stocks >> a great way to begin the hour as well. we'll talk to you soon tom lee. >> thanks. >> it's just after 8:00 a.m. in vegas. don't worry. i don't have a problem tommy schu is going to be with us after the break doordash announcing alcohol delivery "techcheck" just getting started

hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪ (upbeat pop music in background throughout) one, two! one, two, three! only pay for what you need! with customized car insurance from liberty mutual! nothing rhymes with liberty mutual. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ renae is not an influencer, she's more of a groundbreaker. renae runs with us on a john deere 1 series tractor. because out here, you can't fake a job well done. hear renae's story at deere.com >>> cnn investigation is raising new questions about what happened during the deadly drone strike in kabul hours before u.s. troops left afghanistan. the pentagon says a missile successfully targeted an isis-k member in a vehicle with explosives bound for the airport.

and they're using this underwater, carl, nursery, and an on shore coral farming facility to do that. many call it the rain forest of the sea. and while coral reefs cover less than point 2 percent of the ocean floor, their home to more than a quarter of the world's marine species here and there maybe in gulf c, temperatures or warmer than anywhere else. and the rising inside to say that soon, even the world's most resilient karl that's found here, will find it impossible to survive. back in the labs, petro explains what's been happening under the water. can the coral, when it turns white like this can regain its color? it can, it can it can, it went from being a healthy colony to being completely bleached and partially call any interest in just 15 days. so we see really literally the reef going in front of all right, so if we don't do anything to prevent this, i'm not sure what to leave to the next generation. several solutions he says are reducing over fishing and pollution while increasing the size of protected areas where fish can flourish. this is just one example located 50 kilom