Schwab Network
4,326 episodes - English - Latest episode: 13 days ago - ★★★★★ - 23 ratingsSchwab Network is brought to you by Charles Schwab Media Productions Company (CSMPC), a subsidiary of The Charles Schwab Corporation and not a financial advisor, registered investment advisor, broker, or futures commission merchant. THE SCHWAB NETWORK SITE, CONTENT, APPS, and RELATED SERVICES, ARE ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES. Not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction. ©2024 CSMPC. All rights reserved.
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Episodes
Solid Power Company Overview: Electric Vehicle Batteries
June 17, 2021 20:48 - 5 minutes - 27.7 MBSolid Power is a producer of all-solid-state rechargeable batteries for electric vehicles and mobile power markets. Here to give a company overview is Doug Campbell, Co-Founder and CEO of Solid Power. Solid power is going to go public via SPAC merger and will trade on NASDAQ under the symbol “SLDP.” It will combine is Decarbonization Plus Acquisition Corp. III (DCRC) and some notable backers of Solid Power are Ford Motor Co. (F) and BMW (BMWYY). Tune in to find out more.
Stocks Struggle To Claw Back Losses Following Fed Hiking Inflation Forecasts
June 17, 2021 19:33 - 6 minutes - 35.7 MBDavid Dietze says stocks are struggling to claw back losses a day after the Fed raised its inflation forecast. Plus, taper could start sooner-than-expected. He says the Fed has lost some credibility by revising its forecast materially, but the real question is whether the recovery from the pandemic is on track.
Why Investors Should Await More Attractive Entry Points For Securities, Asset Classes
June 17, 2021 19:29 - 7 minutes - 51.3 MBDavid Darst remains constructive for the remainder of the year, with upside gains likely to be more limited. He expects the volatility will increase, but is focused on quality and portfolio upgrading. His current stock picks are Newmont, Johnson and Johnson, UPS, and Whirlpool.
PDS Biotech (PDSB) Overview: Cancer Immunotherapies
June 17, 2021 18:46 - 4 minutes - 24.9 MBPDS Biotech (PDSB) is a clinical-stage immunotherapy company that has a growing pipeline of cancer immunotherapies and infectious disease vaccines. Frank Bedu-Addo, President and CEO of PDS Biotech, gives an overview of PDS Biotech, highlighting its new cancer drug, Versamune, which effectively delivers disease-specific antigens for in vivo uptake and processing. Tune in to find out more.
The Fed's Latest Comments
June 17, 2021 11:20 - 9 minutes - 38.4 MBThe Fed votes 11-0 for no change in the Fed rate. Jim Bianco, President of Bianco Research LLC, talks about the FOMC meeting and the announcements that were made. He discusses how the Fed sees higher inflation on transitory factors as well as the change in real GDP to 7% in 2021 from 6.5%. Tune in to find out more information about the Fed’s decisions.
The Impact Of Biogen Alzheimer's Drug FDA Approval
June 16, 2021 21:17 - 6 minutes - 29.5 MBThe FDA has approved Biogen’s (BIIB) Alzheimer’s drug. Brad Loncar, CEO of Loncar Investments, talks about the impact of the Biogen drug approval as well as the recent activity in the health care sector. He also discusses how Biogen’s treatment compares to others in the pipeline and what he believes is the next catalyst in the health care sector. Tune in to find out more.
Arbor Realty Trust (ABR) In A Strong Housing Market
June 16, 2021 20:40 - 7 minutes - 39.5 MBArbor Realty Trust (ABR) is one of the best performing Mortgage REITs. They have had nine consecutive years of dividend growth. The outlook for the 2021 housing market is really, really strong and I think it will trend in 2022, says Ivan Kaufman, CEO of Arbor Realty Trust. He thinks lumber will come back to the right levels come September, but labor has been scarce. He feels after "the last hoorah" of the summer, the housing market will come back to normal with supply, labor, and lumber mo...
E-Commerce Trends And The Impact Of Prime Day
June 16, 2021 20:38 - 4 minutes - 27.6 MBWe're in the midst of one of the strongest digital economy growths ever says Taylor Schreiner from Adobe Digital Insights who explains that e-commerce sales have been strong throughout the U.S. economy's reopening. Online spending in the U.S. reached $73.5B in May, which represents 58% growth over the past two years. Schreiner also talks about the leader of the e-commerce sector, Amazon (AMZN), ahead of its summer sales event Amazon Prime Day that takes place on June 21 and 22.
WM Technology (MAPS) On What's Ahead In 2021
June 16, 2021 18:39 - 7 minutes - 38.8 MBWM Technology (MAPS) operates Weedmaps, which is an online listing marketplace for cannabis customers and businesses. Chris Beals, CEO of WM Technology, Inc., discusses the company outlook and what’s ahead in 2021. He talks about how WM Technology began trading today on the NASDAQ and has generated $162M of revenue for the year. Tune in to find out more.
Tech's Recent Rally Explained
June 16, 2021 11:36 - 8 minutes - 47.1 MBThe tech sector has recently rallied; here to talk about this is Michael Robinson, Chief Technology Strategist at Money Map Press. He discusses long-term tech investments to watch as well as looking at the Select Spector SPDR Trust Technology ETF (XLK). He then explains his current bullish tech picks which include Nvidia (NVDA), Shopify (SHOP), and Square (SQ). Tune in to find out more.
Oracle (ORCL) Earnings Report Recap
June 16, 2021 11:34 - 6 minutes - 37.1 MBOracle’s (ORCL) 4Q EPS is $1.54 versus an estimated $1.31. John Freeman, Vice President of Equity Research at CFRA recaps today’s Oracle earnings report. He discusses the progress it has made, such as its 4Q revenue coming in at $11.20B versus an estimated $11.07B as well as, what investors have learned from the report. He then talks about what he believes the future holds for Oracle. Tune in to find out more.
Streaming Wars: AMZN, T, NFLX, DIS
June 15, 2021 20:52 - 7 minutes - 46.8 MBStreaming is here to stay and grow, says D.R. Barton, Principal of Woodshaw Financial Group. He and Tuna Amobi, Director of Senior Equity Strategist of CFRA Research discuss the outlook for the streaming sector. They discuss Amazon (AMZN), AT&T (T), Comcast (CMCSA), Discovery (DISCA), Netflix (NFLX), and Walt Disney (DIS). They also talk about the expectations for mergers and acquisitions in the media space. Finally, they evaluate the first year of Apple TV+ (AAPL).
Investment Lessons From The Meme Stocks: AMC, GME
June 15, 2021 19:24 - 7 minutes - 31.4 MB“Meme” stocks are rising and falling for no discernible reason other than the whims of the so-called investors, says George Schultze, Founder of Schultze Asset Management. He discusses investment lessons from the “meme” stocks including finding a fair valuation for AMC Entertainment (AMC). He also talks about the impact AMC and GameStop (GME) have on the Russell 2000 rebalance, and whether or not the “meme” stock trend is here to stay.
Names To Watch In the Tech & Energy Sectors
June 15, 2021 19:05 - 8 minutes - 40.8 MBChris Wasserman discusses the four major indices with the Nasdaq-100 on pace to close at a record high. He breaks down his tech picks, which as Texas Instruments and Broadcom, as well as his energy names, including Newmont, Oneok and Chevron.
Criteria For Picking High-Yield Dividend Stocks
June 15, 2021 17:27 - 7 minutes - 42.9 MBThey like consumer staples and healthcare sectors for dividends, says Robertino Coury of The Coury Firm. He looks for companies with their yield attractive relative to other companies in the respective sector. They also look for consistency in dividend history and free cash flow per share compared to dividend per share.
Outlook For FedEx, Uber, and Lyft
June 15, 2021 17:25 - 6 minutes - 38.4 MBFedEx (FDX) is one of the best companies in the logistics group, says Erin Gibbs of Gibbs Wealth Management. She says it has steady, stable growth, higher profits, and is reasonably priced. She would avoid Doordash (DASH) and Grubhub (GRUB). She discusses Lyft (LYFT) and Uber (UBER), saying that Lyft has beat on the top and bottom lines in the last two quarters, but sees Uber as the company for long-term growth.
Bitcoin Downturn? / Osprey Bitcoin Trust (OBTC)
June 14, 2021 21:17 - 8 minutes - 50.7 MBBitcoin (/BTC) may be slightly falling, however Osprey Bitcoin Trust (OBTC) is up more than 15% this month. Greg King, CEO of Osprey Funds, discusses the benefits of Osprey Bitcoin Trust as well as other information about cryptocurrency. This includes the outlook for cryptocurrency in 2021, how the rise of all alternative cryptocurrencies impacts Bitcoin, and an examination of alternative cryptocurrencies. Tune in to find out more.
How The Pandemic Exposed Underlying Vulnerabilities Of Global Supply Chains
June 14, 2021 19:48 - 6 minutes - 32.3 MBHatem Dhiab talks about how the pandemic exposed the underlying vulnerabilities of global supply chains. He says chip manufacturers are ramping up their investments at a feverish pace, with most big tech manufacturers designing their own chips.
Strong Fundamentals & Stock Picks: SIX, AMD
June 14, 2021 18:27 - 7 minutes - 134 MB"All systems go. Everything points to a continued market melt-up," says Tony Zabiegala. Looking back on the earnings season, he says that operating margins were the highest in 10 years, which suggest that fundamentals of this market are strong. However, costs are going up and will cause some margin compress. Finally, he provides his stock picks - Six Flags (SIX) and Advanced Micro Devices (AMD).
Skillsoft (SKIL) CEO On Expectations For Growth And Profitability
June 14, 2021 18:18 - 8 minutes - 44.6 MBSkillsoft (SKIL) CEO Jeffrey Tarr explains Skillsoft as the leader in corporate digital learning. He says they have the world's most comprehensive suite of premium, authorized, and original content. They have 180K+ learning assets including videos, assessments, books, and audiobooks in prioritized content areas. Their efficacy is validated by MIT. They incorporate AI in their programs. We expect double-digit growth 12-18 months out. He says they are the only profitable public player in the...
Red Hot New & Used Car Markets
June 14, 2021 14:49 - 6 minutes - 44 MB"Both new and used vehicle markets are red hot right now," says J.D. Power's David Paris. New vehicle customer facing transaction prices reached an average of over $38,500 per unit in May. Year-to-date sales are up 35% from last year's virus impacted market, even with the production challenges facing automakers currently.
The Tech Trade & Stock Picks: CSCO, NVDA
June 11, 2021 18:48 - 7 minutes - 38.2 MB"With interest rates falling in recent weeks, the tech stocks trade has stalled as the financials and energy sectors are regaining leadership," says Dave Mazza. He believes that investors should be in the buy tech camp as positioning shows traders never capitulated away from tech, and valuations remain more expensive than the market. Chris Johnson provides his trading picks - Cisco (CSCO), Invesco QQQ ETF (QQQ), and Nvidia (NVDA).
Investing In A.I. & Stocks To Watch: NICE, NUAN, BPRMF, ZEN
June 11, 2021 18:40 - 6 minutes - 31 MB"Conversational artificial intelligence market is poised to g row to $14B, over 22% compound annual growth rate by 2025," says Robo Global's Lisa Chai. She believes that user engagement of social media platforms and smart home electronics are driving the need for integration of A.I. capabilities. Robo Global ETFs include ROBO, HTEC, and THNQ. Her stocks to watch are NICE, NUAN, BPRMF, and ZEN.
Possible New Alzheimer's Drug: Annovis Bio (ANVS)
June 11, 2021 18:37 - 6 minutes - 35.8 MBAnnovis Bio (ANVS) is developing a drug that improves cognition and motor function among patients with Alzheimer’s and Parkinson’s Diseases. Founder and CEO, Maria Maccecchini, discusses what separates the Annovis Bio treatment from other therapies. Annovis Bio’s stock hit an all-time high on May 25th and Maccecchini has a very positive outlook for the future of the drug and company. Tune in to find out more.
Splash Beverage (SBEV) Company Overview
June 11, 2021 17:19 - 7 minutes - 52.7 MBSplash Beverage Group (SBEV) focuses on manufacturing, distribution, sales, and marketing of numerous beverage brands. The CEO of Splash Beverage, Robert Nistico, discusses the core values of the company as well as its future. It was recently approved to uplist on the NYSE, and it acquired Copa Del Vino which was popularized on Shark Tank. Tune in to find out more.
Takeaways From Chewy (CHWY) Earnings / RH Inc. (RH) Stock Surges
June 11, 2021 10:58 - 7 minutes - 51.1 MBChewy (CHWY) is expanding from just pet supplies into healthcare for pets, says Seth Basham, Managing Director of Equity Research at Wedbush Securities. He discusses the takeaways from the Chewy earnings report, and while there are some concerns, Chewy is still above expectations and the fastest growing area within pet food. Wedbush Securities has it at an outperform rating with a $100 price target. Basham also touches on RH Inc. (RH) as its stock surged after their earnings report. Tune i...
Overlooked Stocks: IOVA, SE, DNB
June 11, 2021 10:57 - 12 minutes - 219 MBIovance Biotherapeutics (IOVA) has been upgraded to market outperform at JMP Securities, and is one of George Tsilis’, Contributor at TD Ameritrade Network, overlooked stocks. Iovance Biotherapeutics focuses on the development and commercialization of cell therapies to fight cancers. Another overlooked stock is Sea Limited (SE) which is an internet consumer company and has been upgraded to buy at Bank of America. The final overlooked stock is Dun & Bradstreet (DNB) which provides data, ana...
Katapult (KPLT) CEO On Going Public With A SPAC Merger
June 10, 2021 20:58 - 6 minutes - 32.8 MBKatapult (KPLT) is a provider of e-commerce nonprime "buy now, pay later" financing with over 1.5M approved customers. The company went public via a SPAC merger with FinServ Acquisition Corp. Its CEO, Orlando Zayas, weighs in on the platform being used by companies like Wayfair, Lenovo, Purple, and Motorola.
Dave & Busters (PLAY) Comeback & Watching Airline Stocks UAL, DAL, AAL
June 10, 2021 20:45 - 7 minutes - 37 MBMike Shorr, Director of trading Education at Prosper Trading Academy, briefly talks about the CIP Report, stating that overall, the numbers look good. He then discusses some stocks to keep an eye on including Dave & Busters (PLAY) which may be making a comeback as reopening continues. Next, he talks about airline stocks such as United (UAL), Delta (DAL), and American (AAL). He believes that their futures are uncertain because business travel has only just begun again. Lastly, he talks abou...
Monday.com (MNDY) CFO On Stock Opening Price
June 10, 2021 18:19 - 6 minutes - 31.2 MBMonday.com (MNDY) is a cloud-based platform that allows companies to create applications and work management software. Some of its notable clients include Hulu, BBC, Adobe, Coca-Cola, NBC, and Discovery. The company's CFO, Eliran Glazer, weighs in on the recent IPO and stock opening at $173.15 per share. Salesforce (CRM) and Zoom Video (ZM) each purchased $75M in shares.
Tesla (TSLA) New Model S Plaid Is An Important Car For The Company
June 10, 2021 17:19 - 4 minutes - 27.7 MBTesla (TSLA) Model S Plaid is the fastest production car ever made, says Jon Rettinger of JFL Network. He says this is a big deal for investors and consumers who want a Tesla. The new yoke steering wheel is a novel feature for a production car, and normally found in racecars. He points out the cancellation of the Plaid+ is disappointing.
Overlooked Stocks: CLSK, CCMP, AMSWA
June 10, 2021 11:08 - 14 minutes - 91.4 MBGameStop (GME) earnings report indicated -$0.45 in EPS versus the -$0.67 estimate, and $1.28B in revenue versus the $1.18B estimate. George Tsilis provides his first overlooked stock pick - CleanSpark (CLSK), a diversified software and intelligent energy services company. Next one is CMC Materials (CCMP), a global supplier of consumable materials to semiconductor manufacturers and pipeline operators. Finally, George weighs in on American Software (AMSWA) as it recently beat EPS estimates.
Online Retailers Vs. Brick And Mortar Stores
June 10, 2021 10:59 - 5 minutes - 27.3 MBSince reopening began there has been a surge in brick and mortar retail sales. Christian Magoon, Founder and CEO of Amplify ETFs discusses online retailers versus brick and mortar stores and what the future looks like once the initial reopening burst settles. He then talks about Amplify’s online retail ETF (IBUY). Lastly, he goes over his stock pick Chewy (CHWY), which is an online pet supplies retailer that greatly benefitted during the pandemic because there was an increase in pet adopti...
Marqeta (MQ) Company Overview: Payments Infrastructure Services Provider for COIN, UBER, SQ, JPM
June 10, 2021 10:58 - 5 minutes - 36.2 MBMarqeta (MQ) provides payments infrastructure services to companies like Instacart, Coinbase (COIN), Uber (UBER), Square (SQ), and JPMorgan (JPM). It began trading Wednesday via IPO. Chief Marketing Officer, Vidya Peters discusses how Marqeta is a platform built for developers by developers. In addition, she talks about its cloud-based card issuing platform. Tune in to find out more about Marqeta’s growth opportunities.
What To Know Ahead Of GameStop Earnings
June 09, 2021 19:55 - 4 minutes - 22.5 MBGarrett says investors are going to pay close attention to the profitability profile of GME after earnings later today. GME is still trying to figure out who their next CEO is and they are starting to hire people with e-commerce and customer service experience. Online gaming and the digital gaming experience is a priority in order to remain competitive against retail rivals like WMT and BBY.
"Meme Stock" Activity Vs. Long Term Investments
June 09, 2021 19:20 - 7 minutes - 52.6 MBKeep your eye on the long-term picture, not the short-term noise, says Senior Market Strategist at SlateStone Wealth, Kenny Polcari, when discussing how to invest among a burst of “meme” stocks. He then assesses “meme” stock activity such as AMC Entertainment (AMC), BlackBerry (BB), Clover (CLOV), and Wendy’s (WEN) whose stock dramatically increased over the past few days but has now dropped 11%. Lastly, he goes over his stock picks Ford (F), IBM (IBM), Bank of America (BAC), AT&T (T), and...
Telecom Stocks For Long-Term Investing - TMUS, VZ, T, CMCSA
June 09, 2021 17:21 - 6 minutes - 35.5 MB"T-Mobile (TMUS) remains best positioned in the mobile space, followed by AT&T (T) and Verizon (VZ)," says Roger Entner. He believes that Verizon's revenue goals are very ambitious and difficult to hit in the longer term. The company also has an increasing exposure to rising content costs, and its stock is down more than 2% in 2021. Finally, he weighs in on Comcast (CMCSA) and says that it should be strong with new wireless family plans.
CFRA Has A Hold Rating On Campbell Soup (CPB)
June 09, 2021 17:06 - 4 minutes - 23 MBCampbell Soup (CPB) reported earnings. Gross margins were down 290 basis points, which was significantly more than the 100 basis point reduction they expected, says Arun Sundaram of CFRA Research. He thinks there is opportunity for margin expansion in FY22. CFRA has a hold rating on Campbell Soup and raised their price target to $47 from $46.
Bitcoin (/BTC) Falls Below $31,000 / CBOE Skew Index
June 09, 2021 16:19 - 6 minutes - 32.2 MBBitcoin (/BTC) is trading at its lowest levels since January. Bitcoin Futures fell below $31,000 this morning. Scott Bauer, CEO of Prosper Trading Academy, discusses the 50% drop from Bitcoin’s all-time high as well as the importance of the CBOE’s Skew Index.
Fastly (FSLY) Crash & Opportunities In Cloud Stocks
June 08, 2021 19:43 - 7 minutes - 47.6 MBEarly on Tuesday, Fastly (FSLY) crashed and took down some of the biggest websites such as Amazon and Reddit. It is now back up, and here to talk about the outlook for cloud stocks are Tom Hayes, Chairman and Managing Member of Great Hill Capital LLC, and Jason Ware, Partner and CIO of Albion Financial Group. They discuss Fastly as well as noting that some internet outages should be expected moving forward. Hayes’ stock picks consist of Alibaba (BABA and Splunk (SPLK). Stocks Ware is watch...
Low-Cost Trading Amid Changing Attitudes Is Driving Retail Investor Participation
June 08, 2021 18:50 - 7 minutes - 56.4 MBKirsten Wegner discusses this past year for the retail investor, with participation going as high as 20-25% of daily trading volume on some days. 80% of Americans say that Covid-19 has changed how they view what is financially important, with more than two-thirds of Americans wanting to save more.
Latch (LTCH) CFO On Public Debut & What's Ahead In Tech
June 08, 2021 18:47 - 6 minutes - 37.5 MBGarth Mitchell, the CFO of Latch, joins The Watch List to discuss the company's fundamentals, with its recent expansion into the commercial office space. Latch, which operates in smart buildings and smart homes, debuted on the Nasdaq this week. Mitchell highlights key growth drivers for the tech name moving forward.
Expensive Market & Stocks To Watch: CZR, LPRO, TTEC
June 08, 2021 18:44 - 6 minutes - 28.6 MB"Between the already strong recovery and a massive vaccine spike, the overall market seems expensive," says Lamar Villere. He believes that there are pockets of bubble/mania with GameStop (GME) and others, but there are also still pockets of value. His stocks to watch are Caesars Entertainment (CZR) as it is up nearly 50% in 2021, and Open Lending (LPRO) which is up more than 10% in 2021. He is also interested in TTEC Holdings (TTEC) as the company's customer experience platform has exposu...
Cruise Lines Should Be Avoided
June 08, 2021 16:17 - 7 minutes - 122 MBCruise line stocks are in focus with investors looking at a re-opening play, says Julian Koski of New Age Alpha. overzealous tailwinds are pushing stock prices into overpriced territory, he adds. Royal Caribbean (RCL) is underpriced when compared to Carnival (CCL) and Norwegian Cruise Line (NCLH). He feels cruise lines should be avoided and feels the probability of success is too low for them.
Cyber Security Stock Picks: Crowdstrike (CRWD) and Zscaler (ZS)
June 08, 2021 14:27 - 6 minutes - 35.6 MBCrowdstrike (CRWD) and Zscaler (ZS) are favorite cybersecurity stock picks of Peter Tran of Infersight. Global X Cyber Security ETF (BUG) is a blend of cyber stocks and gives exposure, says Peter. He discusses Microsoft and VMware (VMW). Peter says it is the perfect time for investors to take advantage of buying the dips on cybersecurity stocks.
Inflation, Tax Concerns & Stock Picks: DIS, MRVL, NVDA
June 08, 2021 11:20 - 5 minutes - 38.6 MB"Inflation and taxes are a big concern. Despite investor angst from May, the market has been relatively tame," says Shana Sissel. She believes that investors' appetite for risk remains high. Her stock picks are Walt Disney (DIS), Marvell Technology (MRVL), and Nvidia (NVDA). She is also watching the Homebuilder ETF (XHB).
Pharma Stocks Moving Higher
June 07, 2021 19:52 - 7 minutes - 37.2 MBThe FDA approved an Alzheimer's Drug made by the biopharmaceutical company Biogen (BIIB), which sent shares of the stock up nearly 40 percent on Monday, June 7, 2021. Shares of another pharma company Eli Lilly (LLY) also shot up, gaining more than ten percent as the company also has an Alzheimer's drug candidate in its pipeline. Tom Essaye joins Ben to talk about the news making moves within the pharma sector as well as other noteworthy stocks.
KULR Technology Group CEO On Stock Beginning Trading On NYSE
June 07, 2021 18:36 - 8 minutes - 41.1 MBKULR Technology Group (KULR) develops, manufactures, and licenses next-gen carbon fiber thermal management technologies for batteries and electronic systems. The stock was uplisted to the NYSE. The company's CEO weighs in on how it impacts electric vehicles and energy storage batteries, in addition to developing a partnership with NASA.
Stocks To Watch: AMZN, LULU, GPN, MSFT
June 07, 2021 18:24 - 5 minutes - 28.5 MB"Markets continue their sideways march as investors digest a mixed bag of economic and fiscal data while looking for the next catalyst," says James Bruderman. He expects longer term inflation to be held in check by productivity gains and demographic trends. He likes the retail sector as part of the "back-to-normal" and "new-normal" trades. These companies include Amazon (AMZN) and Lululemon (LULU). Finally, he says that integrated technology like Microsoft (MSFT) should also continue to do...
Volatility, Meme Stock and Crypto Craze
June 07, 2021 16:40 - 6 minutes - 36.7 MBPayroll numbers were just what was needed to offset fear the Fed was falling behind the curve, says David Nelson of Belpointe Asset Management. The meme stock fury in the middle of a crypto crash throws gasoline on a fire not likely to burn out soon, he adds. He feels the economy is still accelerating. He is not joining in on the meme stock craze. David thinks cryptocurrency will be considered an asset class. He says his worries are a new variant of Covid and cyber threats.