Rink. Rivian revved up after its big reveal. Tim seymour, dan nathan and guy adami with us. President biden expected to announce a slew of policy proposals on the agenda, a call to increase the minimum Corporate Tax rate to 28 and the rate and taxes on buybacks and crackdown on junk fees from credit cards to airline and shrinkflation. A proposed 10,000 tax credit for firsttime home buyers in an attempt to boost the Housing Market. Could that actually heat up that market . Lets bring in diana olick diving into this one. Diana . Melissa, Housing Affordability is still near a record low. Just 38 of both new and existing homes sold in the Fourth Quarter of last year were affordable to families earning the Median Income which is the 96,300. Home prices in january also hit another record high and showed the biggest annual gain in a year, so the Biden Administration is unveiling a plan to tackle Home Affordability and first theyre urging congress to pass a 10,000 firsttime home buyer tax cred
Good afternoon, im charles payne. This is making money. You can feel the market, the tension is there, it is thick. Investors are on edge. The bigger question have they become irrational. In the grand scheme of things this rally should only be through the midway pint but the composition of it has many exits saying buy the dip. Jim bianco, aisha, Gary Kaltbaum how to manuever your own emotions as well as this market. The bitcoin market shifted into a higher gear ahead of the halving. The question, why does that matter . Lyn alden and pop are on deck. Signs a wave of layoffs could be right around the corner. If so what does that mean for powell and company . The media pork working overtime to the white house. More evidence it has gone far too far. All that and so much more on making money. Charles so for years it was just sort of this one theory about risk called the utility theory but then on, march, 1979 econometric published a new theory. Essentially it was known as the prospect theor
Cloud business well dig in to those results. Thanks. Checking the markets right now the dow is up 136. The s p up 14. These are about a third of a percent. About half the gains we saw earlier on, while the nasdaq is hanging on to its rise, and its been leading the pack all day. As tyler mentioned, check out amazon up 10 , nearly 150 billion in market cap added after its Earnings Report last night its also boosting other cloud stocks like data dog and snowflake, which are among them. Apple falling after posting sales decline for the Third Straight quarter there you can see there is snowflake and data dog apple down 3. 5 . But lets get right to bob pisani with the question we posed off the top. Is this the perfect goldilocks jobs report . The important thing is nobody is that worried about apple down 3 its the jobs report bottom line is job growth is slowing down but not too much thats what kelly means with goldilocks it was afine needle to thread, but they really did it on this jobs rep
Vision pro mixed reality headset. The stock hint a record high right out of the gate. The record high, 184. 95. Right now its up a third of a percent if at 181 and change. After waiting seven years for apple to unveil a vr headset, here it is. You know, you guys can take the full screen here because i think our viewers really want to see is it all fill the screen. The apple faithful got their First Official eyeful of the Apple Vision Pro during the companys annual world worldwide developer conference which i believe might still be going on or is just finishing up here. A hint of what was to come, it opened with a coder who was chasing a gigantic bubble through an urban obstacle course, jumping all over buildings, through all kinds of walls, and then it was chasing this bubble, and then he jumps right on the bubble. Maybe we can show that to you in just a moment here. But as we watch all of this happen, it is controlled by your eyes, your hands and your voice, and you can also see throu
Up with been told go to college, get a job make a living. Frankly, thats just not realistic for a generation. It is really frustrating, the boomers think were lazy, you know the whole term pull up your boot straps and work hard, to get the same life they had . No, the world is very different these days the next pandemic in 2025 might wipe this all out anyway i have no time to wait for retirement youve got to will it into existence life just not fair, the world is a hot place, and the stock market which is the purest form of yolo. Short sellers continue to get hurt by wallstreetbets. Its making me sick. This is populism coming for capitalism through gamestop. On the surface i can be pretty scattered. In the water though its coming for me. Because youre seeing everything is quiet. You hear your bubbles, you hear breathing. And you just hear the water around you. I dont give a shit about risk. I was deployed to the middle east, we were doing antiterrorism force protection, so looking for