tuition. >> so awesome. relieving the medical student debt. that is amazing. >> she thought the einstein name was pretty good by the way. >> you don't want to change it. as time works. >> things for watching, everybody. >> closing bell, start right now. >> thanks so much. welcome to closing bell. here at the new york stock exchange. his make or break our begins with the strength of this full market. today, marking four months from the october bottom. stocks are near all-time highs. a rally that has been broadened well beyond tech. can i continue? we are going to ask our experts over the final stretch. in the meantime, the scorecard was 60 minutes left to go in regulation, looks like this. the little bit of a wait and see i had of the pc on thursday. that is all of course right there. we have highs of the day. we watch that very closely. united health have the biggest

strikes. component apple, popping in the last hour. that is helping with the w, nasdaq, as wp. that is on reports that it is winding down. electric car plants. the company was working on it for a decade. many of those employees were working on that program. they reportedly were shifted to generative ai projects. we will get a reaction from an apple shareholder in just a little bit. also, well needed mega caps today. the nasdaq is mostly looking at it like we said. why some say this record rally is not only justified, but it has a lot more room to run. barclays, raising the target for the s&p 5300. find out what she thinks. i had of strategy, it is good to see you. >> you too. >> there i say, you have become much more of a believer in his rally as time has gone on. is that fair to say? >> guilty as charged.

many of them have already been blown out. we should respect the targets to move up incrementally. this should be a huge surprise. >> there are mentioning's. >> i have never been a believer in price targets. especially in february. >> just shy of 1 i now. >> right. in this moment right now. it is tough to argue that it has not been expected, or at least been able to come in and say that everything is okay. we are able to maintain margins. we have certain things that companies have been doing to maintain their margins. revenue hasn't pick up the slack. we have cut labor. this is only the second year since 2009 with the highest amount of cuts in january. last year, was the largest since 2009. that is not a great sign.

the cuts were brought. they were across a lot of different sectors. they have a lot of different companies out there. it is not just them to say that they were bloated. i do think that there are going to be a trend of companies cutting cost to maintain margins. however, we are in a period where inflation, obviously has come down. consumer confidence took it a little bit on the chin today. that was one month that was decently strong. it looks like some of the manufacturing data isn't getting worse. perhaps it is getting better. there is reason to perhaps be more comfortable at these evaluations today. that does not mean, however, that i don't think things are going to deteriorate throughout the year. i don't think it has to be a huge crash or event. it doesn't have to be. >> you are not looking for that

anymore? >> i never believe that the business cycle won't continue as it usually does. there will be one at some point. >> there's going to be another hurricane. rain is going to fall sometime. seriously. the idea that before, ou are set that he was going to be a recession. now, i'm talking about the near future. now you don't see that? >> i think it is possible in 2024. here is where i think it changed for me. the sleep cycle, talking about an early or mid to late cycle, i'm still confident in this. i still feel confident that we are in the late cycle. it just so happens that it is lasting a month longer. they are able to be resilient in the face of it ai has kept the market afloat. the healthcare theme that has kept things above water. without those, i don't think we would be here.

there have been some fundamental backing in some of those stocks. the economy has slowed down. here's where the rub is. that the market is right, then gdp growth needs to stay at this clip in order to maintain revenues to keep companies operating margins at this fabulous level. inflation, doesn't go down the way that we needed to. the fed won't cut rates as much as the market wants them to. we end up in the situation, where evaluations remain high. yields remain high. at some point, the yields game runs out. forget the yield curve even for a second. if they stay high on the short and long end, you have capital

constriction that continues. once you get up against things like small-cap, are looking at the corporate at maturity. that has been uge this year alone. that can last a long time. of >> less debate further. >> i have been waiting for it. >> cuts. maybe we don't need them as much as we thought we did. the economy has remained much stronger than people expected that's number one. the commercial real estate sirens blaring like some said they were going to do right now. given all of those reasons, maybe we don't need rate caps today or tomorrow. maybe we will get them in the summer.

that is just fine. >> we don't need them as long as the market runs out, and manages to succeed this time. the expectation of rate cuts like we said in october, are the justifications particularly for growth names. money was flowing back into the sensitive areas. if we don't get as many red cuts as the market originally expected, then expansion is not supported. which means, in order for the market to continue going up, or stay strong, we need to have more fundamentally based stories. the has-been is not getting any credit. i could tell you right now, finances are up more than 6% from the year to date.

industrials are up more than 5%. healthcare, 8%. healthcare, it is hard for me to read my screen. many healthcare sectors have done so much better than people would otherwise have you believe. this market is much more broad than we are getting credit for. you suggested without these two transformational trends of ai, that we wouldn't be here. those are so transformational, even in their own way. we are where we are. those are trends. perhaps the next industrial revolution, is transformational for all of the reasons that everybody knows. how would you provide that? >> i will start the first half broadening out. it hasn't gotten enough

attention. i have noticed that it wasn't important. maybe we are more than i thought. if we are in the market of broadening out. this is from march to july. we were expected to take the number six to cuts down to three. mega cap technology was one of them. there has obviously been a breather that has gone on. if that is okay. from a really high level, a breather is not that big of a deal. there has been a rotation, rather than out of equities. they just moved around. people are trying to find evaluation opportunities. that is good risk seeking behavior. >> for a moment as well, looking at the market not being that broad, it is not doing that much. i think it dawned on a lot of

people myself, maybe that is not the litmus test of a broadening market. you really need to look at areas like industrial areas. cyclical parts of the market. the market in 2000 is full of regional banks. those are still a question mark for those things. you can see why they have two steps forward, one step back. they have that kind of activity. as i said, you gone to the surface. every surface of the s&p is positive except for utilities. that is fine for obvious reasons too. less reason to be defensive. interest rates are being elevated. why would you buy utility stocks in mass? >> i don't think they will spend the entire year in that

category. if you think of what investors are looking for in a stock, they have gotten so overextended. there isn't going to be this huge tell for rate cuts. where should it go? a lot of it has gone to industrials. they have other cyclical areas of the market have gone to. small things like this keep me up at night. those i haven't quite gotten off the map. that tells me that we are still more late cycle than earlier. >> do you think this is being challenged from an idiosyncratic nature because of the heading in regional banks? is this the way we would once look at a space? maybe this is the way we should look at it now. bank of america, managing director, and senior investment strategist. good to have you back. i hope you have heard the conversation. i like your views as well on where you think we are. more importantly than that, where do you think we are going from here?

>> when i think about this market, we did some work when we pass these milestones for the s&p 500. we looked at these 12 months out. we found the 75% of the time when we pass these number of milestones. the market was positive on all those time frames. we are constructive on these markets. obviously, we have done a lot of heavy lifting for the market. especially on the earnings front. earnings picking up for the other 493, is going to be the catalyst to carry this market forward. washington is being noisy again. it may all feel like a grind. generally speaking, this market has the potential to climb higher. >> this is correct like healthcare. we have discretionary

industrials. a lot of this, says that they have been working pretty well. they probably deserve a little bit more credit. >> we upgraded small caps as well. this was in anticipation of the earnings at the inflection point. i like the dividend payers, when the fed ultimately does cut. i would argue that this actually happened in march of last year. it has been expanding so much. it ultimately will ut this summer. they still have legs to it. it we are seeing it in large- cap. i think the next level could be small caps. 2000 is trading at a 17% discount to the russell 1000. i think it is going to be the earnings of the catalyst.

>> the nasdaq, the s&p, and the russell, are all identical. 3.3 quarters percent. perhaps we are just getting started in that. it also has them believing that a strategic that was here yesterday, suggest that we are midcycle. we are not as late cycle as we once thought we might be. >> i love chris. i disagree with that. i think they have a preference for large-cap grid i think we are going to revert recession. i think we are looking at large- cap. personally for what i think they just said. we are going to want to dividends. if the fed finally does start cutting rates, they are not going to get that yield anymore out of the treasuries or money markets. they are going to want capital

appreciation. those are large-cap stocks. that is still more late cycle behavior. the risk of that i think we really run this year, is that we are close to getting to a point where the fed can say we did it. we have conquered inflation. we feel confident that it is on the path towards 2%. we are not there yet. if it overheats, if it overheats again, we will be decidedly late cycle, and chasing our tail, trying to make sure that we don't ended up in the a real inflationary market. >> what of these don't measure up? what if they aren't in the magnitude that we believe they might be? >> the fed ultimately pivots. they say their next move will ultimately be towards fusing the hiking cycle that is behind us. they want to be absolutely certain. they are being intentionally patient watching the data before they start easing down. i wouldn't be surprised to get this fed speaker last week,

that we got one rate cut. we are have -- having a slow, steady rate cut. this is almost like what you saw in the mid-90s with the mythical soft landing. this is the example that we could .2. this is versus a consistent path. i think we are going to be really patient. they are going to navigate and communicate that this is a recalibration of policy. it is an adjustment. the path of least resistance is still lower. we have a lot of noisy data in january. the way they are calculated, i think it is going to show up in inflation numbers for the balance of this year. i'm not saying that we don't run the peak of inflation, but the state should really resolute. i think the pace is going to be cautious, even when you start cutting. >> how closely are you going to

be paying attention to that? given what happened with the prior two trees on cpi and ppi? we figured this may be hot. this is because of the time of year. >> this is going to really be the story. it is going to get explained by the way that it is also hot. this is consistent with the pattern that we should normally see. it won't be as big of a newsmaker as they already had that moment. we pushed the cuts back already. it is interesting that it is expected to come in at the same level that the fed expects to finish the year. if that is the case, real data is ahead of itself. that makes the summary of economic projections that we are going to get, much better. >> we will talk to both of you soon. we are looking at the biggest names moving into the close.

>> i have a big one. 227%. therapeutic shares have pushed the market cap of about $2 million. they had possible save data from 23 trial patients to. of course, experimental therapy was used to treat advanced prostate cancer. they say this prostate cancer therapy has a multibillion- dollar potential. viking therapeutics are also on fire today after 125% rates right now. the company's weight-loss drug, included existing treatments. vikings is a the weight dross -- loss drug, had 80% of the patients that received the drug, achieved at least a 10% weight loss. >> we are getting back to you shortly. on closing bell, a late date report from apple. the company is winding down its electric car plant.

shifting gears towards what else? generative ai. we have an apple shareholder with the first reactions to that news. light from the new york stock exchange. i said, you are watching closing bell. closing bell. we will see you soon at 88 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. old school grit. new world ideas. morgan stanley. you always got your mind on the green. not you. you! your business bank account with quickbooks money now earns 5% apy. (♪♪) that's how you business differently. intuit quickbooks.

this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. awkward question... is there going to be anything... -left over? -yeah. oh, absolutely. (inner monologue) my kids don't know what they want.

you know who knows what she wants? me! with empower, we get all of our financial questions answered. so you don't have to worry. empower. what's next. why choose a sleep number smart bed? can it keep me warm when i'm cold? wait, no, i'm always hot. sleep number does that. can i make my side softer? i like my side firmer. sleep number does that. can it help us sleep better and better? please? sleep number does that. 94 percent of smart sleepers report better sleep. and now, the queen sleep number c4 smart bed is only $1,599, save $300. shop now at sleepnumber.com so, you've got the power of xfinity at home. now take it outside with xfinity mobile. like speed? it's the fastest mobile service around... and right now, you can get a free line of our most popular unlimited plan. all on the most reliable 5g network nationwide. ditch the other guys and you'll save hundreds. get a free line of unlimited intro for 1 year

when you buy one unlimited line. and for a limited time, get the new samsung galaxy s24 on us. welcome back. apple shares have reports that they are working on an electric car. this is working on generative ai. welcome back. what do you make of this report? do you like it? >> as an apple shareholder, i would say yes. it is music to our ears. we were honestly never big fans. if it is low margin. we have serious players already in the electric vehicle market.

it is something as a shareholder, how committed is apple to the generative ai? it looks like they are committing serious resources to it. >> let me ask you this. given the installment space, we are pretty much a product company first and foremost. how big do they need to be in ai to make a shareholder like you happy? >> first of all, i think a lot of the generative ai is going to be built into the operating system. it is going to be built into the iphone software, for example. as we know, there are a couple billion devices that re active that apple has. the consumer distribution for apple, is probably second to none from that perspective. i think there are a lot of opportunities. >> let's talk about alphabet. one of the top holdings.

we have more missteps related to the rollout. whenever the generative ai product is going to look like, how concerned are you? >> it has been a disappointment. that being said, we continue this as being attractive. this is somewhere from 10 to 15% below what we think is fair evaluation. the fact that we are anticipating earnings of over 20% this year, within the company has significant resources to be a leader in the ai arms race. we think we are going to get it right. this is going to be at a generative discount. >> now that they will get it right or not, that is not for me to judge. about the evaluation, one of the arguments that i will always hear from investors,

before we are even mentioning the words artificial intelligence emma was and what the stocks were doing to teach. you're looking at the other mega caps. it has a lower evaluation that many have. now, you say the same thing. the evaluation is still attractive and cheap. we are talking about missteps. using words like embarrassing, when it comes to the way that some of these things have rolled out, how can we judge both of those as equal? the evaluation was cheap before. now, it is still cheap and attractive. maybe now, it is cheap for a reason. >> that is a good point. we think it is cheap for a reason that as an investor, what is google? what are alphabets or ai missteps from that perspective? are we able to get it right?

i think it is cheap for a reason for now. i think it hasn't grown as quickly as the other magnificent seven, if you would. this is a reason for the historical discount. now, i actually think even the bad news that has already been encapsulated in the stock, it actually makes them much more attractive to us. >> good talking to you. we will see you soon. coming up, the ceo of occidental petroleum, right here. we are going to get warren buffett's latest company comments. just after the break. osg , is coming right back. are and how to afford it. it's time to simplify. waystar's technology is the way to make healthcare payments more human. the way for providers to prioritize care and improve margins. the way for patients to have clarity and trust.

the way to care for healthcare payments. waystar. the way forward.

do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. ♪ (upbeat music) ♪ ( ♪♪ ) constant contact's advanced automation lets you send the right message at the right time, every time. ( ♪♪ ) constant contact. helping the small stand tall.

shares of oil and gas giant occidental, is looking at large numbers being vanquished. this is annual over the weekend. they have no interest in buying that company all right.

the ceo, vicki holland, is here to bring you the stock exchange report here at closing bell. this is a different listing here. join us live now. welcome to town. congratulations on this great milestone. >> thank you. >> i was looking at endless reports. getting set. i noticed that two thirds of analysts stocks have a hold rating. it seems to be that there are concerns over the crown deal. but only whether it will get done, but what kind of value it will deliver to shareholders. we will address the latter point. the value that you think this deal can actually deliver to shareholders is what? >> the value that you think it brings to us, is this the acceleration of value. from this basin, we have a tremendous inventory. we have three-tier assets. some of these are concerned about the way that we were raised at, to close the deal. the reality is that we have

everything that can work with the cash operations, to pay that debt back down. that is our intent. these assets, are such high quality. they come in to the tier one inventory. they are assets that deliver more than $40 break even asset productions. this is within cash flow. this not only improves the inventory, or provides us a chance to bring more immediate value to shareholders. >> do you think they can get the deal done? >> what makes you feel so confident? >> there is nothing that would create a trade issue. this asset that this company we are buying, is like a business unit for us. it doesn't create any trust issues in the permeable actions from the united states. it is a process, clearly that

the ftc wants to go through. i have no doubt that we will get the deal approved. >> how about -- far are you willing to go to get the deal approved? >> we will continue the process. >> are you closely watching what is happening? >> you must be with pioneer and chevron. do you think those deals will get done? if you do, what you think of the ramifications for you? >> i don't know about those deals to make a comment. we are producing our own assets from the permian basin, for those deals to happen. in a negative or positive way, there is no impact. i don't think any of these deals that are being proposed today, create any trust issues. >> are we at some moment for and more consolidation? we are looking at more companies. is this the beginning of something that we need to do to follow more closely?

>> i don't think so. the beginning was from our acquisition of the embargo. the reason you require that, is creating value for your shareholders. you are doing it in way that you are looking for assets that make your assets better. you create synergies for them. they provide you an acceleration to the value of shareholders. every company that does it, is doing it for regions. i think they will continue to do that. they have a lot of companies that won't have any difference made, in terms of the ability of smaller operators. this includes big operators, for them to change the way that they operate at all. >> we mentioned at the top, big players in oil and gas. when you look at the price of natural gas, do you sit there yourself and say this is unbelievable? did you foresee that they are going to drop this low? when does this happen?

>> i was surprised when natural gases were five dollars, or above. i was surprise the prices were below two dollars. i didn't think that this would happen. i think this is a short-term thing. i think the approval of lng, is from one of those terminals. i think ultimately, they will improve the price of natural gas here in the united states. >> is that hurting your stock in any way? is oil going to be part of natural gas? >> for us, this is less of an impact than oil. we have the chemicals business that is ahead from the low front. the chemicals business, uses gas. we can make ore money and chemicals when gas is low. gases and have so much of an impact. oil is mportant to us clearly. the current prices, they are not out of line for us to be able to make substantial and free cash flow.

>> what is the critical level for you? >> are ritical element is at $40 or below. >> let's talk warren buffett. over the weekend, he said in his annual letter, he has no interest in quote, occidental energy. i'm curious, given the present that he is, and what he means to the whole investing universe, what is it like having him in your stock? is it import housekeeping, or seal of approval? i have one buffet in my stock, and he continues to buy it? i wonder what this gentleman is up to. >> i think that i personally am incredibly happy that he is invested in our stock. i take it to be positive. we have the chance to speak to him pretty regularly.

that alone, has given me lessons in life and investing. this has lessons in leading that i would have never wise got the opportunity to be a part of. i am grateful not only for the investment, but grateful for the time that he has visited it. >> is there a particular lesson or a bit of insight that he gave you that you still carry with you? >> i carry a lot of them. i don't think i have ever had a conversation with warren buffett, that i did come away with a nugget to think about. >> was there a moment where he was continuing the stock were you weathered the storm and kept it going? >> i wondered. i looked at the way invested in other stocks. this is the one that he ultimately bought. i tried to figure out what the ultimate goal was. just with all of the

shareholders, i'm so appreciative of having the shareholders that we have. all of those who invested us, i am interested in why they invest. i don't really question why they do. what i do question with the larger shareholders, is that i like to know their view of how we are doing. this is what we would like to do differently. i don't ask for the investment thesis. >> some shareholders want you to return more cash to them. you do it at a reasonably low rate. this is relative to what some of your competitors do. are you thinking about the dividend, and what you are trying to do to hike it? that is what a lot of the capital is going to. what are you doing to think about that? >> we are still transforming the company. this has been a major transformation from us, going to a major company that had assets internationally that were to delivering value, where

we had cash consumers. back to back, about 10 years ago, we started this transition to invest in those things that were creating value. they had no pathway to create value. we ended up going from a company that was 50% international production, to know 80% of the production that is here in the united states. the editor from the acquisition, was a part of that process. that was part of the transformation. that acquisition gives a boost to where we wanted to be, and where we need to be. this acquisition of crown rock is another part of that. our debt is not where it needs to be right now. we need to further lower it. our goal is to lower it to about $50 million. we need to get back to the rest of the proposition, which is a growing dividend for the rest of the shareholders. to do it within the means of whatever happens in the industry, we can still provide and support the dividend of

$40. also, sharing one of the value propositions is to create value for the shareholders, not just in absolute terms, but on dollar per share basis is. this is part of the value proposition. as soon as we get the debt back down to where we need to be, we will start the share purchase for them again. we will start creating value that way. it enables us to grow the dividend, without the absolute cost going up. that is all part of a model that is going to ensure that we protect the downside. we are going to create value from the shareholders, to see what the delivery of that is on a manual basis. >> we wish you well. thanks for spending time with us. >> occidental, joining us next. >> up next. we are standing by once again with them.

one software firm is struggling to look at another cruise line company. hosting record bookings. details on the stock removers, next.

ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're

sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com.

about 70 minutes before the closing bell. is get to the key stocks. >> christina? >> norwegian cruise line is finally reporting a profitable year from the profit losses that have dropped dramatically. cruise companies like carnival and royal caribbean, have sympathies right now. >> unity software, looking at

q1 adjusted earnings about $50 million less than street estimates. the app monetization firm is working through a restructuring plan to look at trusting developers. new fees are angering the user communities. this was down around 7%. of next, top echnicians, rloflooking outside of the wod big tech for some big opportunities. he will join me here at the three sectors he s betting on right now, just after the break. - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own payroll so you can fix problems before they become problems. - hmm! get paycom and make the unnecessary, unnecessary. - see you down the line.

ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com.

how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance.

xi-chun, xi-chun, xi-chun! you've got more options than you know. book now.

welcome back. nasdaq is looking to hit a record for more than two years. they don't me right here. good to see you in person. what you make of this market? >> it has urprised so many people. it surprised everybody. the fundamentalist, and the charges like yourself, you didn't think you would be here, did you? >> we talked about one or two things that were going to happen. the leadership stocks were going to cash down to the broad- based market. we are going to see brett expansion. we are obviously seeing the latter. it is encouraging to see some breath suspension. we are seeing healthcare and biotech have a massive breakout today. at the same time, we haven't exalt some of the sum of extreme upside issues on some of the tech names. are you talking about the mega cap tech names? >> are you looking at the below seven ones that have ripped a

lot? >> i would say about the s&p 500 semi index. if the year were to end right now, it would be 125%. the only time we have seen a better performance was 98-99. we are only in february. we are pushing the thresholds of what we have seen historically through that part of the market. >> what is this think about telling you where we are going from here? >> we have had to adjust the massive narrative for the s&p 500. i think we are seeing the breath expansion. they are finally starting to participate. that is somewhat part of the big drawdown. the biggest drawdown is the factor in momentum trade. if you look at a long or short momentum index, it is one way to the upside. the other names have not. the risk is that some air comes out of those high flowers.

-- flyers. i think the s&p is very good if we were going to get a shakeout. the breath improvement is taken from the bigger part of it. >> everyone loves it, right now, especially including you. >> i think it started with the mega cap. we have seen a broadening. if you look at the year to date performance on a equal basis, healthcare is the best performing sector. it is brought underneath. if you compare it to technology, they have not had the big hockey stick moves so far. there are still some runways to go. >> what about energy? i have people picking energy as one of their favorite groups. it has been a big performer. how should we view it now? i'm looking at it almost doing nothing year to date. it's in the green, but barely. >> it is on your watch list. material is an interesting sector in the commodity states. they get less attention and energy. the material sector broke out after 18 months in

consolidation. energy will have its time it can make a turn. >> 48, is like a line in the sand for support. >> when you are at all-time highs, it is difficult after same the upside. 52-50 is a good level. we are setting you up for earnings in overtime. ebay and solar. we have names heading the take. we will tell you what to watch for, up ahead. your record label is taking off.

but so is your sound engineer. 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 when i was your age, we never had anything like this. matching your job description. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage

on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. i could use a little help. yeah, there's a lot of risk out there. huh ♪♪ hey, is this thing hard to learn? nah, it's easy. huh. you know, i think i'm going to ride it home. good thing you chose u.s. bank to manage and grow your money. with our 24/7 support at least you're not taking chances with your finances. yeah, i think i'm gonna need a chair. oh, ohhhh. power e*trade's easy-to-use tools,

like dynamic charting and risk-reward analysis, help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley. we are in the closing bell market zone. cnbc strategist, breaking down the grid as of today. what to expect when ebay reports in overtime today. we are following first solar's quarterly release.

we are going to get to all that in just a moment. we have breaking news regarding united health. what are we learning here bertha? >> wall street journal reporting that the department of justice is investigating united health over antitrust issues in particular. this appears to be looking at united health health insurance side. this is the way it works with the optimum health services side. united health has tens of thousands of doctors. they have a number of physician groups over the years. apparently, this is the focus of the investigation. united health, along with cvs, and cigna, they have pharmacy benefit groups that are already registered from the ftc, over the way they look. this is another probe, according to the wall street journal. we reached out to united health. they have no comment on the story. we are awaiting word from the justice department. >> we will share both of those.

i turn to you. we have a nice, little pickup towards the very end of the day. nasdaq may not get that closing high today, but it looks like they want to make that run. maybe apple waking up to make them do that. >> 25 billion dollars in the market cap, this is what they are never existing towards. there is this willingness to believe the market. long-term investors are comfortably involved. the core values in this market are very light in the things like the &p 500. on the fringes, it is happening. the yields are up. the riker cabs are up 1.2%. it doesn't mean it is getting overdone just yet. that is where the action is. that is the phase of the rally that we are in. >> like him, they have been denied. they have been making the argument for many months that something has got to break. nothing is giving, and nothing

is broken. >> the market is from the big planes. it hasn't left you with anything other than the big evaluation conditions. they have the slow moving stuff that might matter at some point. we have a big disappointment on inflation. we have to really reprice though right path again. yields could break down. we could have the excuse for something better. >> what should we expect from ebay in a little bit?. >> this is from the different etf over the last three months. this is expected from earnings of $1.03 on $2.5 million in revenue. investors, listen up. more often than not, in the last 70 9/4, whatever direction ebay shares go in response to these results after market, they will move further in the same direction, in the next days trade. the holiday quarter results are going to matter. they are really focusing on ebay's your head. specifically, watching how management hits its goals,

focusing on enthusiasts from any of the collectible verticals. they are expanding the market for refurbished goods. traditionally, it has been amazon. they are carefully watching the rise of shein. they are taking other things particularly when it comes to cross-border trade. >> i appreciate that very much. >> what do we need to know? >> they have outperformed the broad sector over the last few years. this is from the utility scale. this includes the advantageous position from the manufacturers. module prices have come down. first solar is immune to applied market solutions. in the back market log extends into 2027. guidance here will be important. developers are willing to pay a premium for usher delivery. has more production comes

online in the next few years, does that start to change? several factories are going to go towards construction. this is relative to how the company will use the 700 million i.r.a. tax credits. that is what it sold at the end of last year. scott? >> we appreciate that. >> we have about a minute to go. it is going to get loud in here too. >> this is the verse three and listing. 100 people untold here, making the trip to new york city as well. you are going to be loud and proud. keep that in mind. >> less than a minute left to go. >> energy has been a big disappointment. natural gas prices are unbelievable to look at. oil has made its belief. maybe it is going to move high or low. the stocks, not too much. >> this doesn't seem to be where the attention span is at the moment. it is the opposite of the stuff that is working. this is the less of a real

asset that you can get. i don't think you can write that off, that this is going to be the range forever. >> we are really looking ahead on thursday. we look forward to that. have a great evening. video w is falling for a second straight day. the other major industries are higher. they are up 1.1%. industrials, looking at the scorecard on wall street. welcome to closing bell overtime. energy, the biggest drag on the market. utilities and communication services were the best performing sectors. get ready for another wave of earnings. ebay and urban outfitters, first solar, devon energ