they are placing a big bet on— really big bets. they are placing a big bet on offshore wind already, and they— big bet on offshore wind already, and they have made that bit bigger still, and _ and they have made that bit bigger still, and if you like to think the government have been wanting to place _ government have been wanting to place bets— government have been wanting to place bets on new nuclear and haven't — place bets on new nuclear and haven't really quite managed to find a way— haven't really quite managed to find a way to— haven't really quite managed to find a way to put the chips down if you like, _ a way to put the chips down if you like. but — a way to put the chips down if you like. but it — a way to put the chips down if you like, but it is important to remember that all of these technologies are quite long term options — technologies are quite long term options. nuclear in particular is a very— options. nuclear in particular is a very long—term option, and what i think_ very long—term option

if it only betting is big enough in the company that want to invest in betting in africa, this is an aged him because country country is opening up in terms of internet and mobile penetration leads to them. or believe that better it's just a lie. what would better does kids force hope you're going to win some money? and so you think because you're betting you're walking out walking, you're actually allowing someone to steal money from your form knowingly. if better companies can fuss admission to everyone. that veteran is harmful, is dangerous in baking cubes. then you can talk about regulation now to make it safe for every one. so us, we've just seen 20 years there too into silence. there can seem like nothing but really consistent. sports betting can be a major challenge, but that's not the only reason why people are getting into debt at us arctic and our laws for all sorts of reasons which eventually passed on and leads to crush in debt. so we asked you why some people would take out loans, they know they can't afford to repay. and yes, what you've been seen, nelson k, helen says

itjust seems sometimes all bets are off.— all bets are off. i think that's the truth, actually. _ all bets are off. i think that's the truth, actually. all— all bets are off. i think that's the truth, actually. all we _ all bets are off. i think that's the truth, actually. all we can - all bets are off. i think that's the truth, actually. all we can say i truth, actually. all we can say about— truth, actually. all we can say about vladimir putin i5 truth, actually. all we can say about vladimir putin is he appears to tell— about vladimir putin is he appears to tell giant lie5 about vladimir putin is he appears to tell giant lies to his people. because — to tell giant lies to his people. because he doesn't tell any lie5 he said he _ because he doesn't tell any lie5 he said he was gonna go after ukraine, he did _ 5aid he was gonna go after ukraine, he did. he— said he was gonna go after ukraine, he did. , .. , said he was gonna go after ukraine, he did. , , ., , he did. he did because initially he said he's not _ he did. he did because

sports betting has become big business in africa. and us, we about to find out there. sticks can be very high. some people like dennis mom, guy have even hard to sell d i last cookin port to place bets. let's find out more bernardino, tom. there's no suit of money than that. oh, that's the sweetest and only sweet, especially when you receive the message you've worn local from. you feel like you're on to borne. but then organizing betty sunny the house at twiggs. me and my let me call my cell for beating i had because i need to meet that like a job if a job and i do better not do without unless i get an option as much and got better option knowledge michelle's at at t v. i have even sort of my television cell phone, but the funny thing sorta was holding port girlfriend and it was the only one i had for getting a call my dad. i had to lie to him, but it was an issue i wanted to get. and just so i could get 200 shillings for beating what you know. it is life, the life for them gambling might get even one good phone. we didn't notice tha

if it only betting is big enough in the company that want to invest in betting in africa is, is that aged him? because country country is opening up in terms of internet and mobile penetration leads to them all believe that better gets judged ally, what would betten does kids force hope? you're going to win some money. and so you think, because you're betting you're walking out watching, you're actually allowing someone to steal money from your form knowingly. if beckoned. companies can fuss at which to everyone. that veteran is handful, is dangerous in baking cubes. then we can talk about regulation. now to make it safe for every one. so us we've just seen 20 years there to into saelens. there can seem like nothing but really consistent. sports betting can be a major challenge. but us are the only reason why people are getting into debt at us are taken our laws for all sorts of reasons which eventually passed on and leads to crash in debt. so we asked you why some people would take out loans. they know they can't afford to repay. and yes, what you've been saying, nelson k, helen say

young adults and women could be crucial to growing the sports betting base and those increasing bet amounts just today jeffries david cats published an analysis concluding just because these stocks are cheap, you mentioned that draft kings is down 30% this year. it doesn't necessarily make them a good buy with the costs of acquiring customers still top of mind here, cats picks flutter, caesars, mgm and the partner in bet mgm has top picks for being complete enterprises with the resources to absorb losses for those wondering, duke is the top liability for points bet taking 10% of the bets and 25% of the handle. if already 31% of adults, 21 to 64 have bet, can you imagine what we're going to see going into final four and the championship game? >> i hear you. contessa, thank you. >>> that's contessa brewer pete, we got the super bowl and you got the final four, and the ncaa tournament within the course of the past three months. and draft king shares are down 30%. if the stock is not going to perform when the stooup bowl of super bowls is happening for your company, what does that tell you, and

if it all and betting is big enough in the company that want to invest in betting in africa, this is an h t m because country country is opening up in terms of the internet and the mobile penetration leads to them. or believe that better greets jobs july, what would better does kids force hope that you're going to win some money? and so you think because you're better, you're walking out watching, you're actually allowing someone to steal money from your form knowingly. if better companies can fuss at mich to everyone, that veteran is harmful. it's dangerous in baking cubes. then you can talk about regulation now to make it safe for everyone. so us, we've just seen 20 years there to inter saelens. there can seem like nothing but really consistent sports betting can be a major challenge, but that's why the only reason why people are getting into debt at us are taking our laws for all sorts of reasons which eventually passed on and leads to crash and debt. so we asked you why some people would take out loans. they know they can't afford to repay. and yes, what you've been seen, nelson

but when online betting came along, you could do parlays, you could just bet on a single game, you could take the odds, you could take the points. it changed the whole landscape of how you approach betting. no longer do you have to go to las vegas anymore just to place a bet. lisa: let's talk about process here. do you just basically come up with a list and a dartboard? what is the process here? michael: i like to work from the inside out. my first choice was kansas to win the whole thing. i started with kansas, and then i started going on down. i had duke and kansas in the finals, and then unfortunately for coach k, he went out with north carolina. by the way, what a brilliant career for coach k. i had a chance to meet the guy one time. just a brilliant gentleman. tom: jon from the united kingdom emails in and says let's speak the truth, ferro defeats keene. that works out as well. paul sweeney and i lock horns on this every day on bloomberg radio in the 9:00 hour. the new media, the new technology, does march madness get bigger? how does it change? michael: as long as we don't have ano

so that's a pretty easy -- we're betting -- we're betting on ryan and that's a bet i would always take >> and he was the sexiest man alive at one time. i'm told we can move on now that i've mentioned that. >> pardon me, ryan >> i think it was the 1940s. >> oh, yeah. >> the first issue >> i've always had a beef with them i've never won it. >> jim, what do you think? >> netflix down, down, down opinion. >> first, i want to say that my 27-year-old daughter just found outside i have a tv show and she put it on and ryan reynolds is on, and she said i bet he picks netflix. you have the second derivative trade that she got right >> wow >> -- he's the only guy that has made me a gym-soaked vegetable with his incredible jim. this is the kind of pick that you really want to roll with because reed hastings is not someone you can pan out for a full year. i like this call i think a lot of people are wondering what the heck? how did he get there that was more wall street moving it down, and i am with him >> this is a swing from the fences play. this is a $700 stock at one point, not too long ago. al

it is hard to bet on this one. laura: from online gaming to the all-american pickup truck getting an upgrade, u.s. automaker ford launched an electric version of its best-selling model. it is seen as a turning point for the company. given the stiff competition, there are plenty of obstacles ahead. our business correspondent ha been finding out. reporter: this automotive plant in dearborn, michigan used to make some afford's most emblematic parts. today it has been retrofitted to create the electric f-150 pickup truck. tesla dominates the electric car market. u.s. car manufacturers are playing catch up. ford is gbling by creatin an all electric version of an american favorite. if successful, they could close the gap between it and tesla. >> other than iphone, it is the second largest revenue consumer product in the world and we are electrifying it. you would not think of truck customers in the u.s. as the first target customer to go after. you would go after west coast crossover customers. reporter: this could be a

if it only betting is big enough in the company that want to invest in betting in africa, this is an aged him because country country is opening up in terms of the internet and the mobile penetration leads to them all believe that better gets judged ally would would better, does kids force hope that you're going to win some money? and so you think because you're betting you're watching the walking, you're actually allowing someone to steal mine from your form knowingly. if beckoned companies can fuss admitted to everyone. that betten is harmful, is dangerous in baking cubes. then you can talk about regulation now to make it safe for every one. so us we've just seen 20 years there to inter saelens. there can seem like nothing but really consistent. sports betting can be a major challenge, but that's why the only reason why people are getting into debt at us are taking our laws for all sorts of reasons which eventually passed on and leads to crash and debt. so we asked you why some people would take out looms they know they can't afford to repay. and yes, what you've been seen, nelson

it is safe to see that year bets -- to say that your bets would go off the charts. we are expecting a big debate in terms of where. we go from here. . there are three issues we can expect that madame lagarde is pressed on. do we get anything that looks like a final date for the fcc? then we have the implications for the first rate hike and another question is do we have a plan b in terms of if we see market volatility, with the ecb preferred to calm down spread from adjusting and growing harder? tom: maria tadeo in frankfurt and what to look for as we lead up to that ecb meeting. joining us on the ground from frankfurt, thank you. joining us now is jari stehn, chief european economist at goldman sachs. good morning. how do you weigh the growing risks when it comes to inflation and growth and what the ecb should prioritize? jari: it is a tricky spot faced with lower growth. we have cut our estimates quite significantly for 2% for the euro area and at the same time inflation continues to climb, we have the peak headline inflation moving the extent somewhat. it is a di

it is hard to bet on this one. laura: from online gaming to the all-american pickup truck getting an upgrade, u.s. automaker ford launched an electric version of its best-selling model. it is seen as a turning point for the company. given the stiff competition, there are plenty of obstacles ahead. our business correspondent ha been finding out. reporter: this automotive plant in dearborn, michigan used to make some afford's most emblematic parts. today it has been retrofitted to create the electric f-150 pickup truck. tesla dominates the electric car market. u.s. car manufacturers are playing catch up. ford is gbling by creating an all electric version of an american favorite. if successful, they could close the gap between it and tesla. >> other than iphone, it is the second largest revenue consumer product in the world and we are electrifying it. you would not think of truck customers in the u.s. as the first target customer to go after. you would go after west coast crossover customers. reporter: this could be a

if its own betting is big enough in the company that want to invest in betting in africa is, is that aged him because country country is opening up in terms of the internet and the mobile penetration leads to the end. all believe that better gets judged ally would, would better, does kids force hope that you're going to win some money? and so you think, because you're better, you're walking out watching, you're actually allowing someone to steal money from your phone knowingly. if beckoned. companies can fuss admission to everyone that betten is harmful, is dangerous in baking cubes. then you can talk about regulation now to make it safe for everyone. so us, we've just seen 20 years there to inter saelens. there can seem like nothing but really consistent sports betting can be a major challenge, but that's why the only reason why people are getting into debt at us arctic and our laws for all sorts of reasons which eventually pass on and leads to crush in debt. so we asked you why some people would take out loans, they know they can't afford to repay. and here's what you've been seen.

if it all and betting is big enough in the company that want to invest in betting in africa, this is that aged him because country country is opening up in terms of internet and the mobile penetration leads to them all. believe that better it's just a lie. what would better does kids force hope? you're going to win some money. and so you think because you're getting your wacky not working, you're actually allowing someone to steal money from your form knowingly, if beckoned. companies can fuss at mich to everyone. that veteran is harmful. it's dangerous in baking cubes. then we can talk about regulation now to make it safe for every one. so us, we've just seen 20 years there to inter saelens. there can seem like nothing but really consistent sports betting can be a major challenge, but that's why the only reason why people are getting into debt at us arctic and our laws for all sorts of reasons which eventually pass on and leads to crush in debt. so we asked you why some people would take out loans, they know they can't afford to repay. and here's what you've been seen. nelson k, hel

we'll talk about the ripple effects and maybe trucking stocks later on, despite the flood of sports bets right now the sports gambling stocks have been slumping big time. we'll go in the numbers with contessa brewer. we have a lot to do. let's start with major reversal, stocks mid day rally major indices rebounding from steep earlier losses dow down as much as 0.7. and ended the day in the green erasing 1.4% loss. the nasdaq the s&p. did the same take a look at the jumps in some big technology stocks, tesla, at one point down more than 2%. finished up over 1%. apple and microsoft ending with gains. a lot of talk, guy adami, great to be back on set, both of you here, fantastic. >> all right >> there we go what exactly caused and do not say more buyers than sellers, please, the turn around mid day. >> i'd love to know the answer i'm not going to pretend i know. there's i number of things people talk about, stimulus package. i'm not sure it's probably one the best trading environments we've seen in some time the next question is, is the selling over i don't think it is. pete said something

of course, you can bet that 'ust putin, two. of course, you can bet that just about _ putin, two. of course, you can bet thatjust about every _ putin, two. of course, you can bet thatjust about every one - putin, two. of course, you can bet thatjust about every one of i putin, two. of course, you can bet thatjust about every one of those | that just about every one of those western european leaders who are so nervous about it, actually does think the same thing it's just that they feel it is better left unsaid? a desperate vladimir putin and an unpredicted vladimir putin, one who feels threatened by the west is one who could intentionally or not escalate this military situation to something that nato does not want. you don't want him to feel like the west wants him removed from power because a person who is desperate to hang onto power can do things that are dangerous. i think there is also concern when you look at the united states and calling for regime change in russia, that is counter—productive. the people who may be organising to protest vladimir putin don't want to be lab

always good to see you, phil lebeau. >> you bet. >> a miss of 7,000 vehicles in a quarter riddled by supply chain issues and closure in china, karen, i think gm and ford would kill for that number. >> they'd kill for a miss of 7,000. they would not be happy with 309,000 though. >> right. >> gm's number is 510,000 off a terrible 20 some-odd but that was i guess what the street expected if you look at where they did build cars, they took whatever supplies away from lower margin. obviously buick was down a lot higher margin suv, trucks, those were all high-margin trucks. but they have to get it together the stock is sort of languishing at a mid-single digit multiple so i'm frustrated with this one, very frustrated. i would have thought three, six months ago we would not be looking at supply chain issues through the end potentially of '22 or maybe even longer. >> right. >> and massive input dynamicsth pricing and so i mean, that is the frustration of ford and gm they've not really gotten any credit for their internal combustion engines at the core business, which has never been run bette

i am betting on him and i am betting more with him. emily: he is saying he hopes to reach volume production in 2024, and says this will be a massive driver of tesla growth. timing interesting. i recently sat down with aisha evans, the ceo of zo the self-driving robotaxi company that amazon bought over $1 billion. we will see a clip of that later in the show. ross gerber of gerber kawasaki, always good to have you and your, opinions here on the show. thank you for stopping by. coming up, of blockchain gaming. we will talk about how the gaming industry and crypto can bring in together as we head into the metaverse, and why investors are already hyped. ♪ emily: we will get to our crypto report in just a moment. but, elon musk is speaking on the first quarter, saying it was a record quarter on my levels, congratulating the tesla team despite facing many headwinds. also giving a special shout out to the china team at the factory in shanghai. he also says they're working on a new vehicle, a dedicated robo taxi that won't have a steering wh

every time people have bet against him, they've been wrong. but i'm not in the details of exactly where the ad business is. >> every time. isn't that too early to say, sam, every time the people have bet against zuckerberg, they've been wrong he's facing a moment of truth right now. >> he's faced a few before, whether that was is shift to mobile, acquisition of instagram. we can go through the history books here, and i think the reality is, is that betting against facebook, meta, is generally a poor call in the long run like elon, there are moments of bringsmanship. his has been with the capital markets, why he has trouble with the s.e.c. as a capital raiser he's constantly running that line marks has been on the product and platform side. >> he's making a $10 billion bet so far on the metaverse. sam lessin, thank you so much, talk to you soon. >>> nasdaq down 1%, s&p down 1.75 in the last few weeks megacap names like apple, amazon, nvidia, have had an outsized influence on the daily swings. senior markets commentator mike santoli joins us to

was bet mgm's most bet on women's sporting event ever nbc partner points bet also saw record numbers its handle up 75% year over year for the tournament more than 100% in final four, and live surged 175% the houston furniture mogul placed two $3.3 million bets on kansas winning nearly $8 million. and there was a reported netting him another 3 million making up for some of his losses on college football and super bowl. golf at augusta beginning thursday, major league baseball, opening day is thursday as well. so we've got a lot to talk about here, joe, andrew. >> do you know if they're tied in the ninth inning, they stop yesterday i had the mets, it's 3-3. 3-3, they stop and one more point, contessa, they keep running ads about how these great things have happened in women's sports and there's a screen and play the announcer. this happened but no one saw it, and that's true. 40% of athletes are women, 10% are media coverage i watched everyone of those final four games and bet on it and loved it >> that's great. >> i don't know any but it's good for the interest in sports and i loved w

but this is a way we can bet against it >> tony, what's your fake on this trade >> yeah. so, overall, i completely agree with this. we have been adding long exposure to utilities on the breakout when it brock out above that $72 level when you look at the trading range of xlu prior to that breakout it projected a target of $78 because of that, we started taking profits on those trades earlier this week. i think that aligns quite well with fading this particular move if you look at the specific constituents of xlu, especially the major once, garrett energy, duke energy, southernco. these are companies trading at the same type of extreme exhaustion moves some really sets up well for this collapse if you will or a fade to move back to that mean reversion. but i think what's interesting sheer tiply the when an asset like this trades near all-time highs, the implied volatility of the options tend to be inexpensive. but that's not the case we soon for xlu. it's trading in 70th percentile relative to its previous year. within i look at this applied volatility, i would be more inc

the thing is this is an awfully tough time to try to make those kinds of bets. so the question we ought to be asking ourselves is if you are in the camp that bulls rate targets are in scope and to put things in perspective that would indeed put tlt back at the levels we saw in the fourth quarter of 2018 which is down around that 115, 118 level, what can you do now well, options premiums are pretty elevated in this thing. that's not surprising given the big move we've seen. the other thing i would say is we may be closer to the end at least in the near-term of the move lower than we have been in a little while so finally i would also suggest it's probably therefore going to make some sense to try to minimize how much you risk by making a bearish bet and also to pick your levels i am, in fact, targeting that down side level that we did see in the fourth quarter of 2018, and i was looking up to june at at 120, 114, one by two put spread the idea here i'm trying to sell two down puts on or about my down target. but i'm also trying to put this in a way i'm trying to

it must take your bet that if only _ social measures. it must take your bet that if only you _ social measures. it must take your bet that if only you had _ social measures. it must take your bet that if only you had found - social measures. it must take your bet that if only you had found a - social measures. it must take your| bet that if only you had found a way to work with the communist party would have a candidate in the second round and john mcmullen chung would have more votes than marine le pen. it is indeed a disappointing outcome but as he said two days ago it is quite clear we need to get the personal attacks labelled against john mcmullen shone with his ridiculous accusations of him perhaps being a friend of putin. —— ridiculous accusations against jean—luc melenchon. transnistria is going to win pretty comfortably but he does have a worry about how we will simply not bother to vote. indeed, very interesting factor. we will continue to watch and speak to a little later. david eaves froze. downing street has confirmed t

i don't own them. >> acknowledgement of that bet almost ensures it closes 50. i'm just saying that flat out. >> the cfo, so -- >> fine, they both win >> 50.25 so let's say scott kirby is the winner. moments away from tesla's conference call. elon musk planning to join and dig into the company's quarter we will give you the headlines out of that call plus, the latest on the netflix plunge, shares dropping more than 35% for its worst day since 2004 more on the fallout when "fast money" returns (heartbeats) introducing icy hot pro. ice works fast... to freeze your pain and your doubt. heat makes it last. so you'll never sit this one out. new icy hot pro with 2 max-strength pain relievers. what happens if you ever need to miss work for a long time? why would i miss work? you could sprain your ankle... get hit by a school bus. get kicked by a horse. scurvy. plan today. feel comfortable about tomorrow. massmutual. >>> welcome back to "fast money. a look at netflix's eye-popping loss, the stock dropping 35% after the company reported its first subscriber loss in ten y

but if i had, i wouldn't bet it. i don't believe that it will happen i think this is -- he's getting the attention that he wants. he's very effective tweeter, let's face it. but he doesn't have a vision and just to say we're going to, you know, amplify free speech around the world shows an incredible lack of sophistication of what content moderation really means. >> well, if you're not betting on it happening, would that mean selling here or would that mean buying here? i'm not sure actually asking you that because i know you don't have -- >> good. >> that is the question, right vivian schiller, thank you. >> sure. happy to be here. >>> we'll talk more twitter and elon in a little bit including the m & a angle, what's the deal-making strategy here and what might that mean for investors as we are right at yesterday's intraday high. we'll talk to kara swisher on musk, dorsy and all the personality at play when "techcheck" continues. (cto) ♪ i want the world. ♪ ♪ i want the whole world. ♪ (ceo) ♪ i want today.

thursday look like a good bet as well. how much? not a lot. it is moving too fast so about two hundredths to a quarter of an inch in the bay area and not a big rainmaker and the rain begins in the north bay before sunrise and then we get morning rain and red -- rain south. it will be cool tomorrow after the 90s last week we are only at 60 tomorrow. >>> up next we have new reports on two major fire since i left for college, my dad has gotten back into some of his old hobbies. and now he's taking trulicity, and it looks like he's gotten into some new healthier habits, too. what changes are you making for your type 2 diabetes? maybe it's time to try trulicity. it's proven to help lower a1c. it can help you lose up to 10 pounds. and it's only taken once a week, so it can fit into your busy life. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocr

is bet for the country. - are trying to cut through to seeing what is bet for the country. hot. are trying to cut through to seeing what is bet for the country. not all conservative _ what is bet for the country. not all conservative mps _ what is bet for the country. not all conservative mps being _ what is bet for the country. not all conservative mps being quite - what is bet for the country. not all conservative mps being quite so . conservative mps being quite so loyal. david cameron saying publicly he was going to submit a letter of no confidence for the prime minister. even though the prime minister. even though the prime minister has apologised and is trying to move on from partygate, that story is still there. is trying to move on from partygate, that story is still there.— that story is still there. is your sense generally _ that story is still there. is your sense generally that _ that story is still there. is your sense generally that amongst| that story is still there. is your - sense generally that amongst tory backbenchers, he has perhaps ridden out the sto

betting on elon musk has been a good bet for everyone, so why not continue with us but -- with that bet? lisa: is this going to be a media company or an ad based revenue structure that will be the driving factor that could make this a little bit more profitable? michael: we talk a lot about a subscription model here, and i think there's traction. if i don't want -- if i want to select to i pay attention to and get breaking stories from, there's a subscription model. you can have what we have seen in media now, an ad tier and a subscription tier. that would make sense to me. tom: i know you have seen barbarians at the gate 14 times. to be honest, the fancy bankers i'm of the smooth guys in menlo park, they all read michael nathanson cover to cover. what has changed in the last 48 hours when we see morgan stanley and other legit bankers are involved in this process? what does it mean when the barbarians are ready to tweet? michael: it means there are not a lot of great ideas right now on the backside. this is a big idea. you help elon musk achieve his goals and then you tag along for what

some of these ideas -- he seems to make big bets and any time you make a big bet, it can flareup. but we know, we think he's going to have a positive impact. i think one person's view and opinion on this as a board member, there is going to be a lot of other voices and it is going to be run very well over time. i think the risk is if fundamentals don't turn in the next quarter or two, investors will have to be put on hold in the short-term. i don't think there's a lot of downside given that he is in. you have a nice floor put in in the short-term given his arrival but the risk is -- this is going to take several quarters. it's not going to be an overnight experiment that turns out a perfect solution. emily: it is certainly going to be an entertaining one. and we are long for that right. that does it for this edition of bloomberg technology. tune in tomorrow. we will continue our coverage of elon musk's big stake in twitter. we will have a slew of special guests. i'm emily chang in san francisco. this is bloomberg. ♪ haidi: a very good morning. welcome to daybreak australia. we a

. >>> and later, the bullish bet on transports despite the bear teity.rror we have a busy hour ahead on "worldwide exchange. stay with us xfinity mobile runs on america's most reliable 5g network, but for up to half the price of verizon, so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone? more concert tickets. and not just for my shows. switch to xfinity mobile for half the price of verizon. that's a savings of over $500 a year. switch today. when it comes to tech, everyone wants the next best thing. now with xfi complete from xfinity, you can get updated wifi technology with the new tech upgrade program. plus, protection from cyber threats at home and now on the go. so staying up to date is easier than ever. you look great by the way. right? unbeatable internet. made to do anything so you can do anything. only xfinity will upgrade your tech after 3 years for a more reliable connection. get that and more with xfi complete. upgrade today. >>> welcome back to "worldwide exchange." a late day come

a better bet of rain in the north bay will get here 9:30 on wednesday. now, this will be one of two different systems we're tracking into saturday's forecast. now, while this is going to be good to at least push back some of the immediate fire danger, it's not going to put a big dent at least in the rainfall season. you can see how far we're running behind. santa rosa with the largest deficit, down 7.57 inches, coming in second here is san jose, down 5.23 inches. we'll talk more about both of those systems. the exact timing, how much rain, even sierra snow. i'm back with that in about 15 minutes. >> see you then, jeff. >>> he was booked into jail. the former chancellor of the san mateo public college was arrested for corruption e. was taken into custody after returning from a trip out of the country. this is video from our 2015 investigative unit when they questioned him about using school funds for inappropriate expenses. he stepped down in 2019 after the d.a. received a whistleblower complaint of public construction. last week the d.a.'s office filed m

i bet on it before the game. >> who did you bet that? >> jimmy: i bet on arsenal, they were not favored, people were laughing to me. i'm like, i'm not going to go to the stadium and root for the other team. they won, i won money, everyone was singing songs i'd never heard, everybody was very happy. i think it was the last game of a very bad season. >> yeah. >> jimmy: yeah, it was just so much fun. >> do you remember the name of the guy that was laughing? [ laughter ] >> jimmy: oh, don't worry, i'll get you a list. >> hook me up. i'll talk to him a little. >> jimmy: you're that hardcore? >> yeah, i love football. i love the games, of course. so at the games were they singing songs? >> jimmy: yeah, songs, chanting, the whole thing. >> did you sing along? >> jimmy: i tried, i didn't know the words. you can catch up, it's pretty easy. what's your favorite of the songs?p>> the one i like the mo tiny little song, it's humiliating. you have this famous player come out and he'll either do like a free kick or miss or mess up. and all they start s

wall street seems to be betting it's going to fail. we tell you why next. this is bloomberg. ♪ xfinity mobile runs on america's most reliable 5g network, but for up to half the price of verizon, so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone? more concert tickets. and not just for my shows. switch to xfinity mobile for half the price of verizon. that's a savings of over $500 a year. switch today. emily: welcome back. anyone concerned about falling chip demands need look no further than qualcomm for reassurance posting better than expected earnings. thanks in large part to the ceo plan to diversify the company beyond smartphones. he joins me now. you ended the call by thinking -- banking analysts --thanking analysts but reminding them welcome is more than the chip company. -- reminding them that qualcomm is more than a chip company. >> we are now growing across all business in a number of different markets. handsets, yes that's a great story and it will continue

and also, by the way, i bet you brian moynihan the ceo, i bet you he listened to jamie he's not going to echo that guy. if that doesn't work for you and you think jamie's right about how the war in ukraine could spiral out of control, then maybe it's time to own a defense contractor best way to play, you believe the ukrainian government will be getting more hardware from the west i hope they do as always, hope's not part of the equation the bottom line, look, this is a hyper confusing moment, but i want you to search for stocks that can work long-term regardless of whether we're in the best of times, the worst of times, or both let's go to nicholas in maryland nicholas. >> booyah, jim, i was just wondering if you think i should hold on to chipotle, letter cmg? also, i was wondering if you could shoutout my business teacher mr. mercks it would mean the world. >> i would like to shout out i can whisper to mr. merch chipotle is breaking out here, and i think it's best of the best, and i think you should own it i've liked it since 300, i like it at 1,500. jeff in california, please, jeff

the only problem i have is she talks about betting against u.s. innovation the stocks in the top ten of her portfolio will never get the sort of valuations that pre-public companies will get before that valuation, roku, coinbase, zoom, top five hold e eggs -- holding, are they most innovative -- no i would tell you this i think inside google, apple, amazon, there's some of the most innovative businesses the same size of those companies within them if you want to the be patient with those names have at it. if you take a while here if you buy those here you might make some back i'm not sure her buying vehicle is the way to express that view of innovation in the public markets. >> meantime, innovation for -- you call it the poster child for growth what do you mean? >> we talk about rotation out of growth and value the big knock is among of the other things, these bloated price to earnings ratio or lack of, bloated enterprise to sales or enterprise to revenue you look at essentially paying for growth at any cost that's what crowdstrike isn't doing. of

i would put betting odds, and i'm actually backed up on in the betting states, that he's not the '24 nominee. kennedy: i've already bet $1,000 on this show that you're right. i can't take your bet because i'd be betting against myself. >> they don't have any good governors or senators, i expect the '24 nominee is hillary clinton. [laughter] kennedy: oh, god, that's amazing. please, let it be so. chris, are you down with that? you love hillary. >> no, it's not going to be hillary clinton. it might be joe biden. again, i wouldn't bet that it would be either. we've had this conversation here. i think the democrats need to get a gen-xer or a millennial in there for the next -- i'm tired of baby boomers. kennedy: i can coit! let's spend trillions and trillions of dollars. k? yeah, this is -- >> it's hillary. kennedy: it is hillary. wouldn't that be great? >> we'll see about that. kennedy: -- the baby jesus and his tiny gold diaper that it is hillary clinton. democrats are panicking trying to fix their party's problems and one that still ruffles some feathers? schools. case in point, a for

there are some people making significant bearish bets. the thing is, this is a tough time to try to make those bets. the question we should ask ourselves is, if you are, the rate targets at 3 1/4, are in scope and things are in perspective that would put them back at the levels we saw in 2018, around 115, what can you do now? premiums are pretty elevated. that is not surprising giving the move that we have seen. the other thing is that we may be closer to the end in the near-term of the move lower than we have been in a little while. it is probably going to make some sense to try to minimize how much you risk by making a bears parent and pick your levels. i am targeting the downside level that we saw in the fourth quarter and i was looking out to june at 120-1 by two point spread. i want to sell to downsides at my target in the event it continues lower. i'm also trying to put this on in a way to layout little or no premium. the idea is that if it actually stabilizes here or we get a rebound or if it is depressed, i'm not really risking an

i am betting with him. emily: he is saying he hopes to reach volume production in 2024, and says this will be a massive driver of tesla growth. i recently sat down with aisha evans, the ceo of zug's -- zooks, the self driving robo taxi company that amazon bought. ross gerber, always good to have you and your colorful opinions here on the show. thank you for stopping by. coming up, the future of blockchain gaming. we are going to talk about how the gaming industry and crypto can bring it together as we head into the metaverse, and why investors are already hyped. ♪ emily: we are going to get to our crib though in a moment, but elon musk sing the first quarter was a record on many levels, congratulating the tesla team despite facing many headwinds, also giving a special shout out to the china team at the factory in shanghai. he also says they're working on a new vehicle, a dedicated robo taxi that won't have a steering wheel or pedals. it could be a massive driver of tesla growth in the future. we continue

if it's only betting is big enough for any company that want to invest in betting in africa is, is that i just i looked at my left them. i mean what i actually called myself a beating. i think it's hard because, i mean that's like a job. what, what became does the kids 1st hope you're actually allowing someone to steal money from your for knowing? ah, to 77 percent in 60 minutes. oh, d, w t w's crime fighters are back with africa. most successful radio drama series continues, but all episodes are available online. and of course you can share and this goes on d, w, africa's facebook page and other social media platforms, crime fighters, tune in. now. we're oh ah, this spanish city of valencia is world design capital 2020 to find out why in a few moments but.

>> you bet, sometimes you can try something for trade. it doesn't have to be a value calm it can be ska long-term calm that was point of the client notes yesterday evening that home builders seem a bit extreme here playing for a perspective bouvenls let's look at a couple charts this is the actual anne anne 500 home builders subindustry as constructed by stated in force what we know is and you see the annexation, this huge new high, of course this 34% sell-off, which leaves us where? right back at the prior peak when home builders peaked in '05. the irony, the interest rates were 5 and a quarter in '05. right now their 27 the other is they were double essentially what they were in '05 and what they are now. so fundamentals are they cheaper then than now? i would think so are rates more favorable we would think so. either way, you can trade on the long sights. look at the next chart it's the same thing. it's the subindustry growth over the past ten years, 12 years since the '09 low with the 100-day average. we are basically as far below tr

they're betting the key asian markets will be closed thanks to covid. i'm betting on the ceo, he's tackled that problem and the best in the business want a former high fly, remember this one, amd and they may very well report an upside, not that anybody cares. given how far the semiconductor stock has fallen from its highsine an inline quarter could send it flying, i'm itching to tell you to buy this stock we saw it down on monday and would be frozen from doing this now. we hear from airbnb and they'll have a decent set of numbers they are one of the few real winners from the period where there weren't too many good stocks i think it could tell a great story. but it is a high price to earnings multiple so it may not matter after the close. starbucks. howard schultz back, this time focused on the workers, not you. i think this quarter would be rough no matter what lockdown in china but management needs to say we'll take care of you wednesday morning cvs, since they become a health company, i like that. i think a lot of people have rediscovered cvs and th

he was taking a political bet. he was make a calculation that trump was going to lose, probably lose big, and he would be the recipient. he saw how obama made the similar bet in 2022 to oppose the war at a time when it was very, very popular in the polls, obama made a brave stand, took a bet, said, this is what i believe, and it turned out to his benefit. this is not rebound to j.d.'s benefit. he turned on a dime. he became a character he wrote about in his book. he became a white male from appalachia who became angry and prone to throwing out conspiracy theories. it's why trump endorsed him. they are kindred spirits. at heart, they don't believe in anything. >> you make an interesting case. it's interesting when you put it that way that the book was saying, look how those people are and here's their problems, so at some level of observation or analysis, he had some familiarity with that, and then when that became the winning -- rather the losing ineloquent group, now he's cost playing them and acting as them in th

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ah, the future betting is big enough in the company that want to invest in betting in africa is, is that i just, i looked at my left them. i mean what i actually called myself a meeting. i think it's hard because, i mean that's like a job. what, what became does the kids 1st hope you're actually allowing someone to steal money from you for knowing how to 77 percent next on d w, a war is raging below. what about up here in the international space station, a cooperation between the usa, russia, and many other countries. the violent invasion of ukraine is overshadowing international partnership is peace in space also under threats. to morrow to go to the ball. in 60 minutes on d w. how about taking a few right, you could even take a chance on was rearing to with don't expect to happy ending literature list or germany. hello, and welcome to a brand new edition of the 77 percent. this is the show for africa youth. and i'm your host, michael o t i, they say money makes the world go round, but what happens when you don't have any of it? yes, was coming up on today's shoe. on the streets of nair

he is betting on western unity will crack, still betting on that. once again we are going to prove him wrong. we will not -- we will stand with the people of ukraine, we will never fail in our determination to defend freedom and oppose here any. as simple as that. again, i want to thank the american people for their support of the ukrainian people. this is our responsibility it seems to me, we've been able to hold the whole world together in this effort. thank you very much. thank you. i will take one or 2 questions. >> what does pruden claim control over mariupol, how significant is that? >> president biden: is questionable whether he does control mariupol. one thing we know about mariupol. he should allow humanitarian quarters to let people in that steel mill and other places buried under rubble to get out, to get out. that is what any head of state would do in such a circumstance. there is no evidence yet that mariupol is completely fallen. >> mr. president, on title 42, are you considering delaying lifting title 42? >> president biden: no. what

he's betting on western unity will crack. he's still betting on that. and, once again, we're going to prove him wrong. we will not lessen our resolve. we're going to continue to stand with the brave and proud people of ukraine. we will never fail in our determination to defend freedom and oppose tyranny. it's as simple as that. so, again, i want to thank the american people for their support of the ukrainian people. this is our responsibility, it seems to me, and we've been able to hold the whole world together in this effort. so, thank you very much. thank you. >> mr. president -- pres. biden: i'm going to take just one or two questions. i've got a plane to catch. reporter: what does -- what does putin claiming control over mariupol mean? is that -- how significant is that? pres. biden: well, first of all, it's questionable whether he does control mariupol. one thing for sure we know about mariupol: he should allow humanitarian corridors to let people on that steel mill and other places that are buried under rubble to get out -- to get out. that's what

once again, anyone who bet against the ev leader watching as elon musk defies the naysayers. tesla not only beat on the bottom line, it posted record quarterly revenue growth of 87% year-over-year. it also said vehicle production will grow 60% this year. take a look at shares of twitter. twitter flat at the moment, you know, a few minutes ago it was up, and before that it was down. it's having trouble punching back and staying in the green. musk says he now has commitments for $46.5 billion in financing for his bid to buy the social media company. musk tweeting this just moments ago, if our twitter bid succeeds, we will defeat the spam bots or die trying. again, not helping the stock. we should flip it over to netflix, it continues its disaster tour at this hour, down 2%. yesterday after enduring their worst drop since 2004, shares continue now to low and plummet around four-year lows. bill ackman, the hedge fund manager who took a big bet on netflix after the stock dropped last quarter, has now dumped his position at a loss. so we've got all these balls in the air. let's bri

he's betting western unity will crack. he's still betting on that. and once again, we're going to prove him wrong. we will not lessen our resolve. we're going to continue to stand with the brave and proud people of ukraine. we will never fail in our determination to defend freedom and oppose tyranny. it's as simple as that. so, again, i want to thank the american people -- thank the american people for their support of the ukrainian people. this is our responsibility, it seems to me, and we've been able to hold the whole world together in this effort. so, thank you very much. thank you. i'm going to take just one or two questions. i've got a plane to catch. >> what does putin claiming control over mariupol mean? how significant is that? pres. biden: well, first of all, it's questionable, whether he does control mariupol. one thing for sure we know about mariupol -- he should allow humanitarian corridors to let people on that steel mill and other places that are buried under rubble to get out. to get out. that's what any, any, any head of state would