 I think it's a healthy reaction to what has been a parabolic move. You look at the stock up over 100% year to date. I think it's healthy that we're seeing these drawdowns of 10, 15%. Deepwater assets, Doug Clinton on CNBC. Rivian shares soared more than 20% yesterday. Volkswagen says it'll invest up to $5 billion in the electric vehicle maker. Newly built home sales fell more than 11% last month.