when we come back, josh brown has a new buy. something he says is one of the best opportunities in the entire u.s. stock market. we're going to tell you what it is in two minutes. >> announcer: are you following "the halftime report" podcast? what are you waiting for? look for us in your favorite podcasting app. follow "the halftime" podcast now. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that's why it's more than advice worth listening to. it's advice worth talking about. ameriprise financial. so this is pickleball? it's basically tennis for babies, but for adults. it should be called wiffle tennis. pickle! yeah, aw! whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, si

let's welcome in steve liesman, leslie picker, josh brown. he is here, post nine. leslie, i want to begin with you, we have had a crowd over my shoulder for the better part of the last half hour. is this stock open? it was halted, it has done about a 65% round-trip today. take us through what the latest developments are? >> the saga of the stock today is just a microcosm of what this bank has gone through over the past few weeks, or so. the announcement, quite striking today. a whole shift in the management team, a refresh of the board, really, an infusion of $1 billion in capital. you see shares currently somewhat stable compared to what they have been doing earlier today, so i can run you through the details here. the liberty strategic capital -- that is the firm managed by the former treasury secretary steven mnuchin, as well as hudson bay capital, reverence capital partners, and citadel, hedge fund, not the security firm, as well as some other institutional investors -- are making a combined $1 billion investment in this company, subject to finalized regulatory

joining me for the hour josh brown, stephanie link, jason snipe, jim lebenthal. so we do have the markets higher, nicely so. cpi mostly in line. i think we can say that. yield is a touch higher. we're going to get to the whole market story. i mentioned the bounce in nvidia and other moves. we have several moves to get through from the committee today, and we're going to start there and start with josh brown who bought a few new things. i want to tell you about all those. you bought ebay, which hit a 52-week high on monday. that's the highest since february of last year. tell me why that one has been added to your portfolio. >> so this is a breakout in progress. it got above long-term resistance, which was 48. i think it will hold that level, but we'll have to see. this is the highest level ebay has traded at, really, since april of 2022. it had been in this range between 38 and 50 since the summer of 2022. so this is basically a stock that can't get arrested. they've had literally no support on wall street. nobody wants to talk about it. it's ten times earnings.

joining me, josh brown, jenny harrington, bill baruch and brenda vingiella is back. let's check the markets. we are in the red as you see across the board. the data obviously did not go really in the direction of the bulls, but it hasn't upset the story in a great way either as you have ppi was slightly hotter. retail sales lighter. jobless claims lighter, too. you have yields moving up. take a look at the ten year, was 4.26. nvidia is lower. tesla is lower again down 5% this week. the worst s&p stock year to date. so we're watching all of that. the point being, as i turn to josh brown, you say it's not the place to look anyway, if you're thinking about where this next leg of the rally will come from, if you do believe one is in the offing, you say it will come from the small caps and that's where you are zeroed in for us today. >> small caps and value and cyclical. really, anything but tech is the beneficiary. they're going to keep using the companies atm witness, not because there's anything wrong fundamentally with the stories amongst the largest technology compan

>> i do. >> josh brown? >> wti crude, up about 1% on the day, $82 a barrel.i crude. when we break through, people are going to start talking about that i'm long ido, the energy producers etf. >> we are green across the board and extending that record high for the s&p 500 by a few points or so. we had that record close yesterday. a few points higher than that. the dow is good for just shy of 20 we'll see how everything goes. i'll see you on "closing bell. "the exchange" is now. ♪ ♪ >>> josh, thanks so much welcome to "the exchange." here is what is ahead on the show more hawkish fed speak to end the shortened trading week the market is okay with it, but is it out of indifference? there is plenty right to keep the rally going. and we have "3 buys and a bail" europe edition sadly, the uk stocks being dumped our trader has three names she likes. and the ai underdogs at the verge of an opportunity our analyst ys

josh brown is back with us. he never went anywhere. he will break in these crucial moments of the trading day. two moments we're watching in overtime today. leslie pick her on the highly anticipated reddit ipo. three big events. nvidia's revival meeting and >> so far, so good. >> bank of japan, the market absorbs it and then the fed. no change, which basically means, we are cool with -- we think inflation is going the right way. we will allow the economy to be as strong as it can be. what is next? what can we feed on from here? >> what is interesting right now is you don't have the catalyst ahead of you. you've got earnings in the past. just we could start worrying about next quarter. but you've already got more economic data. one of the things people are nervous about is the job market being too good. the response to the new york times just now. strong jobs in and of that -- itself does not stall the need for rate cuts. i think the markets like hearing that because it is likely that we are not going to see any kind of about-face with

josh brown, jim lebenthal, liz, i'll go to you first for the big picture view here. the chair didn't tell us anything we didn't know. he underscored why perhaps the stock market has moved like it has from the late october bottom, and we find ourselves with another rally on our hands as a result. >> right. and yields have moved down a little bit this week. i think that's part of the rally. we're still in a period where there seems to be a good amount of risk appetite in the market. so even after a couple days where people get a little trepidatious, we have a pullback. dip buyers are in, they want the stuff that will generate growth, and i think that's the piece investors are keying off of right now. still thirsty for growth. still looking for growth even in other parts of tech now outside of things like nvidia, outside of the highly valued stuff. so we're probably going to continue along. this is my take. we'll probably continue along at an okay speed until we get much closer to rate cuts, which is why we should not have wished for rate cuts starting in march as it we

he's downtown josh brown, it was his birthday a little while ago. >> we love josh. >> he reminds me of, a look up, he's the only guy that admitted he had a stock that didn't work. that's why i love. him he's the most candid, terrific guy, and i always want to work with him and i'm so proud that he comes on and says nothing by great things and, teachers, teachers, teachers which is fantastic. >> right, that's the way you are 25 years ago you can be brash, and yet respectful, not afraid to tell a ceo that you disagree. >> you got that right about josh, he is owned by no one and that's the highest compliment i can pay. >> now let me get down to my -- you always say never buy a stop on speculation of a merger, or bio. >> right. >> so i've had the stocks for a while, it's gone down so much that it's almost -- it's not even worth it to get out. i don't know what red stone is doing about this, should i hold paramount? >> he asked just hold it, just hold it. you -- are absolutely right that balance sheet is awful, they really need to do something. i was hoping that larry ellis might get involv

joining me for the hour to discuss this and much more josh brown, kari firestone, bill baruch and kevin. our steve kovach is at cnbc headquarters with the headlines. steve? >>> microsoft right now launching its first artificial intelligence pcs. these are the surface pro 10 and the surface laptop 6. what makes them different and what isn't a term you can expect to hear a lot this year. they have a special chip inside called a npu that can provide a.i. tasks faster and more efficiently. in icrosoft's case that means co-pilot, of course, the digital assistant, built into windows 11 for business users and microsoft sells the copilot service for $30 per month. with the new a.i. pcs, they claim copilot has better battery life and if you've ever used copilot or another chatbot it can take several seconds or more to spit out the result after you give it a command and this is likely the first of many a.i. pcs we'll see. while they use intel chips. the bottom line, though, this is microsoft's attempt to get more businesses to pay for copilot promising better performances plus time-saving product

joining me for the hour today josh brown, shannon saccocia and jim lebenthal. let's give you a quick check on the markets here. we're about at session highs with the dow jones industrials up about half a percent. the nasdaq composite is the laggard today, down about a quarter of a percent. we do have communications services, the lagging sector, real estate also lower for the session. energy and utilities leading the way. investors digest the news out of nvidia's conference, $868. they have the new a.i. chip. let's just kick this off with even your initial reaction to everything we've heard so far. jim, i'll start with you. are you surprised that we're seeing a little bit of pullback on this news? was it not as, i don't know, as bang-up as the market had hoped to hear? >> i don't think that's what it is at all. it's had a hell of a rally, 75% year to date, 3x the last 12 months. a little bit of profit taking is warranted. you think to yourself, what sort of rabbit can they pull out of a hat? i'm not expecting them to come up with a cure for cancer on that confer

rachel brown share their love story. >>> from cbs news bay area this is voter's decide. >> and welcome back. we begin this half hour with the two men you will be hearing a lot about in the next few months. cbs news is projecting congressman adam schiff and former dodger star steve garvey heading to the general election in november. >> and happy to welcome you to inside of our virtual election studio. we're watching the races around california and the bay area, but first let's get an update on the national picture. >> all right, nominating contest in 16 state, and for the most part, this one is going according to script. a big night for both joe biden and donald trump. >> but we begin here at home. cbs news projecting donald trump will cruise to an easy victory in california. trump walking away with about three quarters of the vote, 75%. nikki haley managing only on 20%. >> and a look at the map, trump with wins from coast to coast, but take a close look at the northeast. nikki haley did manage to eke out a win in vermont

two lives half a world away and the unforgettable journey that led them to love and purpose josh and rachel brown share their love story. >>> from cbs news bay area, this is voters decide. >>> big wins for san francisco's moderate democrats last night. including mayor london breed. several of her proposals fared well. as the the push to change the democratic party's steering committee. you can see the results here for pop f. it is a somewhat controversial measure that has been hitting national headlines. 62% voting yes. it was an effort made by late mayor breed that will require mandatory drug screenings for those receiving cash assistance of the city. how about prop e, one of london breed's measures. it would get police more powers including access to more cameras and drones. it would lift restrictions on police chases. 59.9% voting yes. let's go into some of the other san francisco propositions. the affordable housing measure that would give the city a $300 million housing bond to build more affordable housing , 67.7 voting yes. this is the only one of the measures that needs 66 2/

rachel brown share their love story. >> stephen: that's it for "the late show." tomlinson good night!

chief brown and sectional chief josh based on the 49ers and the championship game. they brought in a team of folks. development event action plan weather this the 49ers won or lost to our pain they did in the win that game of we were prepared thank to the chief brown. moving to the diverse idinclusion office under chief shawn beaufort throughout januariful very busy you may know the office also supports the hiring of our new recruits and special recruits and lieutenantand are son coordinating and scheduling of the interviews. the are departments coordinating with the volunteers who will be in the interview panels. providing the training to the individuals. prior to the panel interviews. also in question development. and messaging throughout the department as well as the greater public on our efforts of hiring and recruitment. 124 chosen in the new list by fire candidate training center. i think i have spoke own this before. we transition said away from the national training network team of fire candidate testing center. and lieutenant anderson worked with dhr for re

this is brown nosing. >> stephen: that's 5-5-5. best host in television. >> josh: there we go.p]. >> josh: no, no, no. you totally regressed with me. by the way, there is something i want to give you. denis' partner tanya lapointe did this book that is not out yet. so nobody has this book. i've seen the book. but this one is for you. a genius, genius book. >> stephen: "the art and soul of dune part 2." absolutely beautiful design. we have to take another break here. don't go away. josh brolin will be here when we get back. ♪ (upbeat music playing) ♪ ♪♪ ♪♪ ♪♪ managing your diabetes just got easier. the powerful, new dexcom g7 lets you see your numbers on your watch and phone without fingersticks. and, because you always know which way your glucose is headed, you can make better diabetes decisions. and all those little decisions can lead to big results, like more time in range and lower a1c. manage your diabetes with confidence with dexcom g7. the most accurate cgm. learn more at dexcom.com. what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that get

within this caucus that looks like the fighting freedom caucus like josh hawley or j.d. vance, and whoever is going to succeed the leader of the senate mitch mcconnelly. >> but what if moreno loses, and does that signal anything about trump or anything for november? >> certainly. we know that donald trump has an outsized image when it comes to the races, and often underperforms, and moreno has trouble as a candidate, and dolan is a strong candidate in the state of ohio, but looking at j.d. vance, the trump wing won, and he is trending in republican politics in a trumpian way. i think that it is going to help moreno in this case. >> the team dolan is backed by the governor of ohio dewine, and interesting conversation about civility in politics. let's listen. >> this is what we have to do as republicans. we have to recognize that civility in politics is not a weakness. and strength, and we need to judge strength not on how loud we are, but how much we get done for the american people. >> the fact that he had to say civility is not a weakness. that speaks volumes, no? >> ye

if you look at jd vance, mike lee, ted cruz, josh hallie. moreno. rick scott, they can cause a lot of trouble for whoever succeeds mitch mcdonnell, whether majority or minority. >> donald trump is facing problems within his own coalition, losing ground with the small donors who carried his first and second presidential campaigns. how bad is this for him? >> it's very bad. because they don't want to pay his legal judgments and litigation fee. and they see what the grist and the graft really look like now. i think donald trump's legal problems are real, personally and professionally. i think what we need to be concerned about is, does that create a danger in donald trump the candidate and possibly as president again. is he willing to look to bad actors to? foreign actors, for some type of financial reprieve? how does it influence his behavior going forward. we've seen this game with donald trump and it's not a good one. and he blends ethnic rules and conflict rules and that is ultimately bad with the nation. >> maria teresa, i'd love to get your input

the 49ersúhave a new backup quarterback to their signing, josh dobbs, to a one year deal.kings. he became expendable with the vikings when they signed niners backup qb sam darnold. thomas is known for his smarts. he graduated from the university of tennessee with a degree in aerospace engineering. >> sports fans are scrambling to fill out their basketball spbrackets. march madness technically begins today,c with eight teams competing for the last four spots in the 64 team starts thursday. collegernament basketball experts advise those filling out brackets to advance at least one of their first four teams since the play-in round began in 2011, at least one of those teams has won at leastc oe game in the tournament, except for the year 2019, when it appears the search for the next james bond may be over. aaron taylor johnson has reportedly been offered the role of the big screens most famous spy. the. british actor is 33 years old, has previously appeared in some of the avengers movies. he's not yet formally accepted the role of becoming 007, but taylor johnson would become