not clear how the president-elect viewed this and views this investment. >> it is a key point, jon, and it is worth noting and coughfield talks about this, that some of the industrial policy were semiconductor manufacturing is concerned, some of the seeds from the nasdaq markets had in the heart of new york city's times square, this is fast money. u.s. regulators have stepped closer to forcing a sale or ban on the viral video app and having a positive impact on names here at home. will these trades be the ones to bet on in the new year? lu 11 sing their best day since 2018 and a stock above a whopping 75%. is it in danger of pulling a muscle? the worst week since 2020 per chevron makes cuts to

spending plans and we are live with the reagan national defense form. i am melissa lee on the desk tonight. steve, and rebecca patterson. welcome, rebecca. new records for the nasdaq with a major momentum. amazon surging 3% today and meadow with more than 1% with both stocks and apple hitting all-time highs during the session. the iphone maker in the red and it wasn't just big games today, but the so-called have added a combined $872 billion in market cap just this week. new ruling from an appeals court could be a catalyst for more gains. julie has more details. >> that's right. moved higher today after a federal appeals court upheld the january 19th ban on to talk if does not divest its ownership by then. 19 shares of by 2.5% to an all

time high and those tech giants are seen as beneficiaries of any band potentially gaining tiktok consumers, advertisers. the impact on competitors saying , tiktok millions of users will need to find alternative media of communication. wells fargo taking this news and predicted that tiktok rivals will definitely benefit saying that if this does go through, tiktok nearly $26 billion in ad revenue would go 75% in 19, 20% to google and 5% to snap. the law would censor the american people and this is far from a done deal. could grant a 90 day extension if it seems that the divestiture is in the works but could allow the app to keep operating while litigation proceeds or the court could rule on the suit before january 19th. president-elect trump could

choose not to enforce the span, so a lot of moving parts here. >> what is the latest in term of president trump's stance on tiktok? it seems to have changed over the years from his first administration. >> it certainly has, because back in his first administration, he was trying to get this done and enforce a ban on foreign ownership of tiktok, but he seems to has changed his perspective on this more recently when he was on the campaign trail and said that he would protect it. based on the most recent comments that trump has made publicly, we do expect him to take some sort of action to keep tiktok alive, although this was legislation, so we have to see how this could be unwound. he did change his perspective on this. we have to know, melissa, that the people that he has working for him will be part of this new administration and see split on this issue. >> thank you. how many days this week?

are we on the 12th or 30th phone call? >> i thought that was a question. >> saying that meta is up again for no apparent reason and here we are at 8.6%. >> an all-time high. all week. five days, because five business days. there are seven days in the week for now. you can't do this. i understand. if you were to somehow magically back out the fall of 2021 into the fall of 2022 when facebook went from 375 share to $100 a share and said that was the last year of facebook and said that it didn't exist, then looked at the chart through the lens. this has been an incredible story the entire time of its publicly traded life and 25 times earnings with forward earnings and it's still not expensive. that is despite the fact that it has this parabolic move, so you are right sabrina the fact

when we talk about facebook all week, but your equal right to point out that maybe there is no reason and maybe it's because this is one of the most valuable companies in the world still trading at a reasonable evaluation. >> who had dinner with trump? zuckerberg had dinner with him. we went from saying let's ban it to not and it and possibly not interceding now, because maybe he's getting cozy with two tech giants and maybe it's musk or zuckerberg. that would be beyond comprehension. what did julia just show us? 75% of dollars will go there and everyone can agree upon that. snap gets 5%. it is a crap shoot right now where everything will go. they will the biggest recipient of dollars and maybe cozying up to trump and helps him in the long term.

>> we talked a lot about alphabet and some of the overhang there and mentioned the drop from down to $100 and a lot of the issue with the drop was that it seems to be out of balance. the investment in the meta verse that was going to be monetized for whatever period of time. we couldn't see through that. we couldn't discount that or really understand what the earning potential was. they have completely changed that and even though there is a a.i. spend, they are able to monetize that in terms of ad positioning. some of the other players have in terms of capital discipline, so it makes sense that when you are seeing things be elevated and they were 25 times across the market and why not pay for a company that still has growth potential and a cash balance to provide some protection. >> we are just getting this headline from the ceo of tiktok to seek a supreme court review to halt the ban. this is the latest response

from tiktok. they will do everything they can to keep on operating here in the u.s. while the whole thing is being ordered sorted. it doesn't necessarily change either way the fact that it is a place where people want to be and is that the place you want to be in this market environment? >> not necessarily exactly the company waits, but i want that exposure. in the case of tiktok, who knows how this will play out? putting a big bet just on the possibility of increase and ad revenue for x or y is not a smart play, but thinking about the new covenant will be more tech friendly broadly and maybe some more than others. it will be less regulatory and push the freedom of speech thing. the challenge is that you have the china element, as well. if trump is saying that he will be hawkish on china, how do you square that circle with freedom of speech?

i will be curious to see how he explains that one and stay in business or whatever he does or whoever. i do think that back to your question when you think about the free cash flow that the companies are generating and the amount that they are able to invest in their own innovation, they will continue to grow. yes, they are highly valued overall, but i want to stay in the game. >> an excellent point as she often does when schubert's speech as a panelist. with the china aspect to it and if we do this to tiktok, what will china do to our companies? you have to wonder for our companies, apple is working feverishly to get the a.i. element in their phones. i don't know. china could make it difficult. >> 100%. we have known this for a long time and it has been unfounded in terms of the concerns around apple and china, because we are

sitting here and apple is at an all-time high. i don't is going away, but the market doesn't seem to care. facebook doesn't have that problem. amongst the us essential for facebook, i have never been convinced that tiktok is one of them. the economy is slowing down and obviously so much of their businesses are relying upon small and medium-sized business, which is the lifeblood of the economy. if the economy is slow, facebook would have a hit. tiktok is a nuisance, but not existential risk. >> we have a newsletter where the company says they received extension given until february 25th to file its 10k annual report for the fiscal ending your last june. 2% after hours, but it has risen substantially since the reports initially and entering this one with questions about accounting and really admired in this, but we are watching it. >> you brought this up on the call. you always bring up good points, as well. when we got to about $42.5 or

so, it always got back to the entire move from the downdraft from 48. here we are approaching the level. i don't think that their problems have been fixed. that counsel was one person. >> the special committee was comprised of a single person. >> to our point, it doubled. that is why when you first entered wall street, unlimited risk is when you short stock. anything could go to zero with a fine amount of risk that this is one where you have unlimited risk it rings go that way. >> let's bring in fast money friend and a deepwater asset. great to see you. i know you are listening to the discussion very intently that we are having on the desk. meta has an upside, but do you think there could be retaliation on the part of china if a band goes through? >> absolutely and kudos to rebecca for pointing that out. i do believe that this is

ultimately part of the chess game and chess match that is going on with the trump administration with where is relationships are growing, potentially zuckerberg and what that means for tiktok and the question that if this does in fact happen and if the u.s. does go and ban this, there are two. one is that china basically folds and it's a negotiating peace i think that they don't want to sell. china basically controls tiktok. it's a negotiating point saying that they don't want to sell and the negotiating peace is to basically scare lawmakers and their constituents would be disappointed if the laptop and. at some point, if it's clear that they are going to get banned, they could fold and take the 100 billion and walk. if not, is going to come down to if this does get banned and they don't take the money, then there will be a form of it retaliation on two targets,

tesla and apple. >> in what way do you think the chinese could exert pressure? tesla could do whatever to their factories. in terms of apple, what would be the way that you would be concerned about retaliation? >> china is the master at red tape and i spent a lot of time in china with the china internet companies and i worked with a lot of chinese people. i always taught in terms of wanting to do things below the fold, so the master red tape would be to make it difficult. how many hours a week and changing some laws that potentially someone could work. they could change how much power given fox: factory given in the a week. they could impact the shipping and trumping companies that could be exported to europe and do something like that with apple. i don't think it would be

something that would be a big headline. they could have a big influence in terms of how chinese people think about apple products or tesla products. they could influence that conversation. there is a lot that can be used, but it will not be an obvious headline. it will be the gears of progress and just slow. >> is apple mature and diverse enough now? maybe five years ago this would be huge for stock, but in today's world, it will not necessarily move. it is at an all-time high despite the fact that we are having this conversation. >> this is my biggest concern. our firm owns apple and i think that the stock is a bid opportunity ahead of a.i., but is concerned to china. if we look at the total revenue from apple, we estimate about 45% of that is somehow related to manufacturing in china.

that is coming down, but a relatively big piece. when i described about the red tape is that it slows things down and it doesn't take it to zero, but it would be a slowing actor factor and leadtimes going up for products that are impacting the quarter. investors will have room to watch how these are progressing before any quarters reported. s.t.e.a.m. agreed to speak with you. thank you. >> thank you. four in terms of apple, all of these great points and it doesn't necessarily have to happen with the ways of throttling production just because tiktok gets banned and it could be another reason and other conflicts that the u.s. has with china. >> that is the risk with apple. there is not an explicit attack, so to speak. there are these things bubbling under the surface that make it less efficient operation going forward and i think the rhetoric coming out of washington right now might lead

to some of that being done in a more preemptive way than currently being priced. >> it would be ironic if tiktok is the way that the trade war accelerates. everyone has been glass half full and it will be negotiating and we won't see the big rod tariffs that were talked about on the campaign trail and that is how the market has written risen so much, but would it be interesting if shutting down tiktok leads to the quiet retaliatory measures that gets things going and catches people off guard. it could deflate equities a bit. let's get the shares of chevron dropping more than 2.5%. x cuts of about 2 billions and less than 20 and 25 this year, which is the first budget cuts since the pandemic. 1.5 billion in fourth quarter charges for structuring and asset sales. i don't believe in your claim. >> my clam. again, i believe

that is correct, however all three of those stocks with the exxon mobil, so whether that is x or e depending on how poorly you play the game, we will see. it is interesting to hear this now. some people say positive and the market is not taking it that way. i could understand why there is apprehension, but on evaluation alone, these names are compelling and until a week or so ago, exxon was trading at an all-time high, which is interesting given the backdrop where everybody is in technology and other service names and nobody wants to be an energy. i'm not running too far from this. >> energy needs didn't do well, because there is a lot of supply on the market. the way you introduced the segment, you said that the first time since the pandemic they cut capex. there is nothing positive about that. they are increasing cash flow.

normally that is a positive, but i think the market is looking at this as to why. why do you need cash flow? >> one thing that we have seen over the company's during the past few years is that they have become much more productive and doing more with less workers and tech, so being profitable has come down and they don't need oil prices as high as they did five or 10 years ago, so it's interesting to me that oil prices have been coming down and they are expected to come more down next year and outstrips demand globally. i kind of go with you on this one. the valuation is attractive and they can make money at lower prices. they are focusing on cash flow. the question is valid, but assuming there is a decent answer on why, i'm happy about free cash flow as a shareholder. >> rebecca makes great points.

mel is like, maybe not so much. i can see it in her face. >> she makes a great point. coming up, lulu lemon didn't even break a sweat. just how much higher the name could stretch after six years next. betting the baller bottom dollar on dollar general and why they bagged a double upgrade. that's next. >> this is fast money with lia e messleright here on cnbc. . what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors.

we'll get you there. ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected.

your business needs a network it can count on... even during the unexpected. power's out! -power's out! power's out! comcast business has got you covered, with wifi backup to help keep you up and running. wifi's up. let's power on!

let's power on! -let's power on! it's from the company with 99.9% network reliability. let's power on! power on with the leader in connectivity. get wifi backup for your business, or get started with comcast business internet. and for a limited time, get an $800 holiday bonus. call today. we have a news alert on entrance into the s&p 500. bertha has the details.? >> yes, melissa, two additions. apollo global management and workday are being added to the s&p 500. they will be replacing chipmaker and aerospace company amend tom. they will now be part of the s&p 500. back to you. >> thank you. lulu lemon surging 16%

since 2018 on the back of earnings last night and the stock is now 70% in four months. will it stretch higher from here? >> here is my problem. first, when we talked about this, has not adopted the pants. i went to lulu and i am now in vineyard vines. there is too much competition. when you see them perform like this, you think that they are out of the woods and everything is fine, but u.s. north america was only 2% of growth. international was 33%. do you want to buy this with banking on international? international is only 28% for them. you are placing 70% of the pie, which is moving sideways or up slightly for international growth. i would rather leave it alone. >> that is a sizable core

business to be stabilizing at this point, which is what is viewed as u.s. business stabilizing. china mainland was up 27%. these are tremendous numbers on the growth part of the pie. >> you are right to bring that up. they have their inventory in line against sales growth and we had courtney here last night who broke it down and the margins were better. you just said it at the top. the stock is up almost 80% from what we saw a few months ago, which gets us back to a 50% retracement of the all-time high in the recent low on big volume today. i think that if you enjoy this move, which many have, i'm sort of a steve on this one. now, the call of the day per dollar general popping 2.5% of a double upgrade from bank of america. saying that dollar store is back to basic strategy seems to

be paying off with approved inventory positioning. it is interesting given the terms that might come down, which could pressure all dollar stores. they only have so much leeway to pass the cost onto the consumer. >> yeah, coupled with the fact that you really have exposure to the lower earning ohort in terms of the consumer and i think there was a lot there. i think the stock would top out around november and immediately bought them out. i do think part of the trading action that we are seeing and the call is a retracement of that. with that said, they are stripping only 13 reports in multiple on 27 numbers and i do think that there is probably a headwind still existing. do you want to be allocating the incremental dollar here versus somewhere else in your complex? >> is the somewhere else walmart? that is how i took it. 65% of their revenue comes from

people that are earning less than $35,000 a year. walmart is grabbing those people and also grabbing --. >> 100 k plus. >> i would rather sit and look at walmart than this. i'll go to get the extra dollar going to walmart versus dollar general. >> with the execution that it provides? >> i'm with you on this one. i would rather have that upward income consumer, because it's not clear that things will get better if at all for the lower income consumer. we might get a couple of rate cuts, but we have four between today and the end of next year, which feels optimistic, so they will not get a lot of love there. the job market is doing fine and getting harder to find a new job, which is hitting that part of the consumer. i would be happier in walmart despite paying premium. it is a safer bet with the risks of tariffs, as well.

>> when you think of retail analysts, what comes to your mind? that was unbelievable. >> i knew even before you asked the question that you are looking. >> she always dresses in black. go ahead. >> you didn't even flinch. their advisory group just lowered the price target on the back of this. i go with what they are saying. still a price target, but i think the stock is topping out again. >> there is more fast money to come. here is what's coming up next. a sitdown with the ceo of one of the defense industry's most exciting names . we will get a sneak peek at the road ahead for a company on the cutting edge of robotics and beyond. united health's worst week in more than four years. our next guest says that this insurance could be a top pick for 2025. the headlines and the bottom lines moving this name next. you are watching fast money

t nasdaq market site in times square. we are back after this.

♪♪ amazing. jerry, you've got to see this. i've seen it. trust me, after 15 walks, it gets a little old. ugh. stop waiting. start investing. e*trade ® from morgan stanley.

♪♪ ♪♪ where will you go in the new v6 powered nissan frontier? ♪♪ welcome back to fast money. the s&p 500 and nasdaq record closes to end the week.

123 points and she has a ducky sign surging 20% to its best day ever on the back of the earnings report yesterday with the company topping wall street expectations delivering strong guidance. that is up 80% this year. pellets on getting 4% and upgrading from cell to neutral presiding benefits from cost cutting and optimistic view of the recent ceo transition and the stock is up 270%. sports betting stocks taking a small head for members of congress to investigate fanduel over antitrust concerns. notable about the letter signed by both democratic and republican senator, so it seems to be a bipartisan effort to look into whether or not these two have some sort of monopoly. >> true. any further selloff in the space and mentioned sports.

i think you by the weakness in the space and this is just noise right now and weakness will be bought. >> i tend to agree when you are looking at consumer trends and around sports as you are seeing netflix bridge into that area and there is something you want to tap into. >> basically affirming the business model saying that we want to be in betting, too. arguably at its peak and saying that we want to enter this business. >> to both of the panelists, gentlemen, cohorts or whatever you want to use, when you look at this, you don't want to buy wind. when you are looking at las vegas and mgm, you have a bunch of noise there, but when you think about where the dollars are when you are sitting on a fund and you have to allocate the dollars to a betting stock, they become fewer and when you look at the point, that becomes something.

i get a assortment of stuff that i'm not afraid of, but i don't have to worry about chin , macau or singapore. i don't have to worry about anything. see what i did? >> self would you rather pretty coming up, united health closing out one of its worst week in four years per tragic murder of the ceo and how the company and sector handled medical insurance claims with top analysts and how with investors and what you should do now. catch us anytime on the go and follow the fast money podcast. podcast. we are back right after this what took you so long? i'm sorry, there w a loin. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com

doors lead us to places we've never been. your dedicated fidelity advisor can help you open those doors. they can help you create a retirement-income plan designed to balance growth and guaranteed income. and provide access to specialists who help with estate planning to look out for future generations so you're not just growing and protecting your wealth. you're sharing it. because doors were meant to be opened. great job, everybody! nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade... talk about easier investing. nate jones... lines things up...

checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade... talk about easier investing. welcome back to fast money. united health closing out its worst week since march 2020 and down almost 10%. this follows the killing of united healthcare ceo outside of a hotel in manhattan on wednesday. the motives are still unknown, but the tragic event putting scrutiny on insurers and their claim denial practices. for more on the impact, let's bring in healthcare strategist. great to have you with us. >> thank you for having me. i appreciate it. >> this opens up a bigger question. our insurance companies really denying a lot more claims than they should be at this point and certainly if you look at social media or outpouring,

there is a lot in general on the part of the u.s. population towards insurance companies in general and what that says to me is that there will be more scrutiny on insurance companies and scrutiny is usually a bad thing, which means more regulation. is that what is pressuring united health and what should pressure the sector at this point? >> i think that's exactly what's happening. 5 to 10% moves for the sector based on a tragic event for the company and space. i think all it's doing is putting the target back on the industry. again, we don't know what the motives of the shooter were. a lot of investors and other lookers are kind of assuming or guessing that it has something to do with the denial process, so assuming that is part of the,

this new government and regime come in and take a harder look at the sector? i think it's fair to say that some of those things were already being contemplated with the new trump administration with these nominees that he has put forward right now, it is a little bit of a slippery slope and i think everything you mentioned is probably correct. >> what is so shocking into looking into us and whether or not united healthcare did deny many patient services that they need is that there is not actually a number, but transparency in the sector is a very opaque system. if you are a ustomer shopping around and you want to go to the insurance company and pay for a premium that will approve the most procedures of being the generous when it comes to procedures and treatments and medications, then you can't shop on that basis. the numbers are not there. do you think that is something that will have to happen at

this point? that could put the insurance industry on its head. >> that is an existential risk and something that the industry has talked about for a while. agree fully. there is no transparency at all in the industry when you really think about it. when you go into the hospital and have a procedure, you have no idea about your bill, which is different than any other service industry that we have and not knowing the price until you get the invoice. it's sort of unheard-of. i think in terms of hospital transparency, managed-care or healthcare insurance transparency have been out there for a while and maybe it brings it more to the forefront. to me, that is what the stock moves indicate this week as it relates to managed-care uniquely and not really sure what can be done over the near-term, but i fully agree that when you get a health plan or or you are under

some employers plan, then you have no idea what the coverage will be until you get sick or need something done. there is no way to know and i would argue that the transparency is nonexistent or limited. there is none. >> it was the biggest part and it is now the number two at 10%. if this plays out and things start to go pear-shaped and we are at critical support levels, there is a chance that if the etf goes pear-shaped, it could drive the entire space with it. thoughts on that? >> i agree 100% to put something out earlier this week as a preliminary view of the sector and when you look at it, two things have to happen for it to stay where it is or go higher. one is that managed-care has to go higher and the second is pharma has to go higher. these are the only two subsectors that we have with any notable market cap as you mentioned. it is really important.

unh has to be in a performer in a way or in order for the industry or xl beats hold up. >> the guidance that the company ended up releasing later that day, the fundamentals for the story look decent, jared. you acknowledge that, too. at what point do you say that this is an interesting stock to buy or is this too much regulatory overhang to actually be a buyer here? >> i think we should wait a little bit to get more details on what happened this week. i do think that this is obviously very noisy now with a lot of headline risk, but i agree. based on the guidance and numbers that the company put out there, there is a level of conservatism baked in and they are guiding for increase and i didn't think that it was possible to have utilization

trend higher or stronger than we have seen this year, but they are forecasting that print that is embedded conservatism on their part and revenue looks fine and it was a little bit below, but when you piece everything together, you are ending the year closer to lowe's than highs and it sets up pretty well, but i do want to understand that if the police and fbi or whatever could get a hold of exactly what happened. i think that would make people feel better. >> it might make them feel better, but it has brought out a lot of anger. it doesn't change the reaction. it doesn't change the fact that we are now more aware of the fact that there is no transparency in the sector and that consumers are further outraged. it doesn't matter -- it matters for justice for the family, but it doesn't matter from a regulatory standpoint if you are sitting on capitol hill and

your constituents are complaining. it doesn't matter, because you will haul those ceos to the hill at some point probably. >> they are always under scrutiny. every political administration, there is so much scrutiny on the industry and it's interesting, because when you look at large cut healthcare, the earnings growth is one of the fastest in the entire industry as opposed to a company that should not be putting up mid-teens earnings growth on a relative basis versus some of these much faster growing companies. the earnings growth, if you take that as one metric, it is incredibly strong or fast and however you want to define it. that alone makes the company and industry susceptible. i'm not sure that anything changes here. what i don't like about it is that the headline risk and some of the information will be coming out and probably more negative than positive over the near-term, so i think stocks can slide more, but at some point there will be some support here, too. >> thanks. great to see you.

jared holz . would you be a buyer? >> i wouldn't be a buyer. you will have to be forced to your point to pay out more and if you do, it's less to the bottom line, so i think the industry will suffer from the microscope that will be put on hold for the whole sector. coming up, from staples to a.i. to stocks and how the packet is spending on the biggest reports. first, exclusive sit down with the ceo defense. the rising stars after this and more fast money in two.

(♪♪) (♪♪) (♪♪) everyone has goals and dreams. and everyone deserves a way to get there. wherever you're going, getting there starts here. state street. invest in your future with spy, the world's most traded etf. (♪♪)

♪ twith verizon, trade in any. phone, any condition. for a limited time, get iphone 16 pro, on us. and ipad and apple watch series 10. all three on us. only on verizon. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything.

welcome back to fast money. a rough week for defense stocks. posting earnings of the missed estimates on wednesday, but the stock is still up 30% this year. morgan brennan joins us for an exclusive interview with ceo. morgan? >> that's right. it's good to hear with you at the reagan national defense form. >> great to be with you. >> you did have earnings this week and you did maintain their full fiscal year guidance. some of the choppiness we saw in the quarter had to do with sales, which are the drones that you make to ukraine.

how does that speak to what you are seeing in ukraine? >> our business is very strong and we are on track with the plans that we predicted and we got it at the beginning of the year at first half will still grow and this will be another record year for us and we are exactly on track with plans and that the ban for our systems is way beyond rick ukraine. we had a lot of ukraine demand historically in the last year, so the comparisons are difficult. we are still growing and still have a tremendous amount of demand in the world is not a safer place. even if the war were to stop tomorrow, have demand from ukraine, u.s. military, which has to really revamp and retain a lot of systems. internationally, we have a strong pipeline of customers, contracts, orders and proven records. >> you are very much the poster child of a.i. and autonomy, drones and unmanned systems. i will ask another question,

because investors have been debating or speculating about a trump administration coming in and changing policy, whether it's funding or finding a resolution to the conflict. >> we knew from the beginning that this was not going to be forever. everybody knew that essentially. we actually had a very specific and deliberate plan to make sure that we de-risked our strategy and business from the demand in ukraine. regardless of that, if they were to stop tomorrow, the world is not a safer place and we work with both parties and all administrations in the past. the fundamental strategies of defense warfare has changed since the ukraine conflict. drones, ammunitions and things that we lead in the industry will become a much bigger part of the fabric of defense in general. all of our allies around the world and u.s. have two really ramp up in terms of capability and volume and much more affordable cost, which we are

basically the poster child of. we feel good about this, because there are lots of welcome a pea agreement within ukraine and we always wanted that, but the demand for our systems are fundamentally shifted. there has been a point in the defense industry with things that we provided to ukraine and we continue to provide to the united states military. >> given that fact and i think about the video and the smack talk that elon musk did and he is part of this administration on where he talked about the importance of drone warfare moving forward. how quickly can you produce? what's needed and what doesn't exist that is being developed that will be needed? >> we have a ton of exciting technologies and innovations, which is why we invest a lot, because we see the opportunities. what u.s. military has to do and all allies all know this.

it is the fundamental strategy of defense, which has changed. the war and conflict of the future, which there are lots going on beyond ukraine today and we have a lot of bad actors around the world, which we currently are a major threat to the united states and allies. we must have systems that can counteract and give our war fighters a superiority. those things are a lot more drones, as well as ammunitions, like switchblade. the pipeline of our technology and innovation is fantastic. this industry will change dramatically. >> so many questions i have based on that statement. we are out of time, wahid nawabi . back to you. >> thank you. organ brennan with the ceo of aerovironment . rebecca quick say >> what i'm looking forward to

is with the new administration, can they find greater efficiencies and process in the defense department? we have the defense unit and a lot of effort being put towards getting it done more quickly, especially with things like this where the text changes overnight and you have to have the fast stuff. how much can they make that change? the faster they can change that, the more that the companies like this can get to the revenue. i want to see what it's able to do or others within defense to make the process faster. will go straight to the bottom line. big bets are flooding in from the auctions market. why brought, might enter rally mode. exclusive nau you with president-elect donald trump with his first interview since the election airing on nbc peacock and nbc news.com

(vo) this holiday, verizon will turn your old or broken phone into a gift. trade in any phone, in any condition and get samsung galaxy s24+ with circle to search, and watch and tab. all three on us. survive the holidays with samsung, powered by verizon. awkward question... is there going to be anything left... —left over? —yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just—

with empower, we get all of our financial questions answered. so you don't have to worry. i guess i'll get the caviar... just kidding. join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. what if your mobile network wasn't just built to work out here... ...but was designed differently to also give you blazing fast wifi where you are most of the time? reliable 5g, plus wifi speeds up to a gig where you need it most. xfinity mobile. now xfinity internet customers can buy one line of unlimited and get one free for a year.

welcome back to fast money. the number of big reports on deck next week and retail names all in the calendar and expecting major moves and results cross the wires. >> oracle and adobe are applying big moves of about a percent and treated above average.

implying a move of about 6% and it traded more than three times its average and we saw calls outpacing by more than 3:1 and the december calls where we saw 10,000 of those trading for just under seven dollars a contract. it could continue following earnings. >> what are you looking for? that is an evaluation that you can wrap your head around. that is positive for quite some time. people will point and say that it's a run and i like it and i have always liked it. >> i'm with you and i like the call play. it is up against every system around the 181 and 182 level. th ithats e way to play for future upside. >> that was quick. up next, final trades. thanks, mike.

[sofi mnemonic] can a personal loan unlock your ambitions? oh yeah. consolidate bad debt and save money for your next goal. sofi personal loans. low, fixed rates. borrow up to $100k. no fees required. business. borrow up to $100k. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust.

hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities.

♪♪ ♪♪ happy monday! where will you go in the new v6 powered nissan frontier? ♪♪ next, what's on top? i'm seeing a glass handful story.

i did my homework. don't miss another night of diversify. >> mad money next on cnbc. we are watching shares of bio age plunging and it is discontinuing clinical trials for its obesity treatment. it was a pillow that was in phase two and we did have the ceo booked for obesity week for tonight and last night the company called us and said that the ceo is no longer available. the stock is collapsing and is down 67% right now. time for the final trade. >> it's a mobility company and the symbol is grab. i'm excited about this one. it's a $20 billion market. >> it's a beauty and looking for further upside. >> free cash flow and the benefit of the doubt and i will by chevron on this one. >> always great to have you here. it's okay to have you. >> it's amazing. before last night's show, you said you had a funny feeling

that jake was getting moved before this game. once again, melissa is showing her range. it's really remarkable. what else is remarkable is that fx i might be turning for the whe.t time in a il >> thank you for watching fast money. think fxi might be retu >> have a tfr weekend. we'll see you back here on monday "mad money" with jim cramer starts right now my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now >> hey, i'm claimy, welcome to cramerica. others want to make friends and my job is not just to entertain but to educate and teach you so call me at 800-743-cnbc or tweet me at