it's 5:00 a.m. here at cnbc global headquarters. welcome to "worldwide exchange." here's your "five@5." stocks pulling back from all-time highs as investors await tomorrow's big inflation read. chips and banks taking it on the chin. financials coming off their worst day in a month. oracle slides missing wall street's lofty expectations for the cloud computing giant. and a look at the top buyers of bitcoin. and prosecutors filing

charges, murder charges against the man accused of killing unitedhealthcare executive brian thompson. it's tuesday, december 10th, 2024. you are watching "worldwide exchange" here on cnbc. good morning. thank you for being with us. i'm dominic chu in for frank holland on tuesday morning. let's kick off the hour with the u.s. equity futures. the nasdaq coming off the worst day in a month after the fresh intraday high in yesterday's session. right now, futures are indicating a down move across the board. we are off across the market. s&p implied lower by two or three points. so red, but ly so. the worst day since early november. jpmorgan chase, bank of america, wells fargo, morgan stanley all closing down more than 1% in

yesterday's session. in the early extended trade so far this morning, we are relatively flat on the session trying to find a bounce back trade. similar story with the computer chip stocks with news of china investigating anti-trust claims within that group and nvidia specifically. nvidia shares fell by more than 2%. amd closing down more than 5%. right now, we're seeing a mixed trade in semiconductors. nvidia down 1.25%. taiwan semi and micron mixed in early trading as well. also in cryptocurrency, bitcoin is pulling back from the $100,000 mark we hit this past week. current price is $97,634. it is up 1%. $1,000 per token for bitcoin prices. we were almost at $104,000 at record highs last week. let's see how europe is

shaping up in the early going. karen tso is with us in the early action across the pond. >> dom, good morning to you. on the back of the selling we saw stateside and ahead of the futures declining today, european markets were looking a little bit long in the tooth. don't forget we had eight straight days of melting. the records inked recently. the markets turning tail. the reality check with china and the import and export picture is slower than expected despite the officials stimulating demand. on the back of the data, you can see we have moved lower. the ftse is down .6%. french stocks suffering. luxury names were one of the big drivers yesterday. the luxury names bounced off november into this month and giving back some territory. that is a real weight on the french stock market today.

the dax is only down .10%. that has been the state of play for german stocks. they climbed to fresh records yesterday. today, not falling as much as the rest of the major boards. stocks out of italy down .10%. the ftse is under pressure. one big name here. earlier, there were flight of big names out of the uk to the u.s. markets. today, ashtead, rental equipment company, warned of profits and may consider moving the primary listing from the uk to the united states. that has undermined ashtead. that is a premium of the u.s. stocks. that is undermining for ashtead and the uk stock market. back to you. >> karen tso, thank you very much for that. a busy tuesday shaping up for wall street. time for the big money movers.

shares of oracle sinking after falling short of analyst expectations. sales fell 9% year on year while sales in the closely watched cloudy vision soared 52% to $2.4 billion. shares are down this morning, but they are up more than 80% on the year and on pace for the best one-year gain since 1999. in the extended trade, they're down 8.5% today. shares of c3 a.i. are on the rise thanks to strong demand for the enterprise a.i. software. for the latest quarter, sales jumped 29% from a year ago to $91 million. shares are up more than 45% so far this year. those shares are up nearly 8% in the extended trade. shares of taiwan semi is up in

november showing a 34% from a year ago at $8.5 billion. investors shifting to the latest data in the u.s. the november consumer price index, cpi, could cement a rate cut by the fed next week. investors pricing in a 90% chance of a quarter percentage move down up from 68% odds ahead of last friday's jobs report and markets have lined up three more rate cuts for the balance of 2025. joining me now is robert schein. it's nice, rob, to have you in person with us. >> great to be with you, dom. >> let's talk about the market and the way it is setting up right now. yes, it is pulling back and yes, things are bullish since the election. we're still right near record highs. has this been surprising just how resilient the market has become? forget about the election.

>> you can see the market is pulling back a bit taking a breather. fundamentals are underneath solid. we like the acronym less is more. you like the $7 billion in money markets. you are looking at earnings. earnings are in there. third quarter earnings are growing in the s&p. 8 of 11 sectors are growing, broadening out. you have sentiment and santa claus rally continuing. there is also a lot of energy around new policy, deregulation. you will have wind in their sail next year moving forward. we can see the rally continue well into the year. taking a break right now is not uncommon. >> as a wealth manager, this is the time of year when people start thinking about taxes and start thinking about the re-balancing of portfolios and everything else. what exactly is the biggest concern you are seeing among the

s pinging you guys? >> we like to re-balance and we like to sell into the strength. look at the mag seven. we're trimming that. they are still growing, but not growing as much. when you re-balance, you take the allocation and you look at the market broadening out. clients will be like why did you sell our nvidia? we're taking the original purchase off the table so it is the house money from here on out and it's a smart, prudent way to diversify and look for other opportunities. you could argue some are overvalued. >> you open the door. i have to ask the question. what is the re-balance trade? you take the house money and where do you put it right now? >> there areattractive.

financials are attractive and the healthcare on the value side. consumer discretionary is doing well. there are a lot of names in consumer discretionary sector. >> key sectors to watch. robert schein, thank you very much. >> thank you. >> for more on what is driving the markets and trading day ahead, head to cnbc pro at cnbc.com pro. and breaking news. prosecutors are filing murder charges against luigi mangione. mangione now behind bars after a tip from the mcdonald's employee in pennsylvania. nbc's mark centia reports. >> reporter: walking into court with a navy shirt and jeans and surrounded by police officers, this is the first glimpse of 26-year-old luigi mangione.

it was here inside the altoona, pennsylvania mcdonald's nearly 300 miles of new york city, where a five-day manhunt observed a suspicious person on his computer at the back table and called 911. >> we recognized him immediately with the media and photos. >> reporter: officers asked the man to lower his medical mask and then asked him one specific question. >> he asked the suspect if he had been in new york city recently. that really invoked a physical reaction from the suspect. he became nervous and shaking at that question. >> reporter: police say the man handed him a fake id with the name mark rosario. the same name used to check in the new york hostel. where the suspect stayed.

>> some of the people have not been home since tuesday when this happened. they have been working this case tirelessly around the clock. when they got the phone call, they jumped in their car and raced down here. >> reporter: officers brought mangione back to the station. in his backpack, they found a 3d printed handgun and silencer and a three-page handwritten note expressing illegal toward corporate america. >> we do not kill people in cold blood to resolve policy differences or express a viewpoint. >> reporter: nypd immediately made the drive west on i-80 to investigate mangione and the evidence. the deputy commissioner. >> here is a message to the criminal element that want to commit a crime in new york city. the commissioner's department will find you and bring you to

justice. >> reporter: in altoona, pennsylvania, mark cantia, nbc news. >> thank you, mark, for the report there. a lot more to come on "worldwide exchange," including the one word every investor needs to know today. first, less than a year since debuting, one vehicle is the preferred way to ride the bitcoin roller coaster and has now just eclipsed $100 billion in assets under management. a huge surge. a cnbc exclusive with eric trump and outlook for cryptocurrency tion in america. and fallout from the chip sector crackdown and what it means for investors. we have a very busy hour still ahead when "worldwide exchange" returns after this commercial break.

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welcome back to "worldwide exchange." watching the price of bitcoin as it struggles to retake the $100,000 mark it hit this week. despite the range bound nature, it is hard to dismiss the class since the election of trump and one market for the fortunes tied directly to the meteoric surge. we have our cnbc reporter here joining us with the story. the etfs are the next step in the total mainstreaming of cryptocurrencies, especially for bitcoin.

just how critical has this et etf boom been for the market? >> it was the going public moment. we now passed, you know, $1 billion in in there flows into . bitcoin, i'll say it again, is separated from the rest of the market. there is something interesting happening in etf. we saw the solana etf sent back to the potential issuers. you will see the demand for the efts continue to grow and grow. look at the price action. we are still at the point where the price is the product in crypto. for bitcoin, we can say it is a risk asset and also digital gold. having jay powell say that recently adds extra credibility to that narrative.

in crypto, a lot of the time, the price is the products. we when see the price action we have had since the election run up to 100k, that is when people come in the market. >> it acts as a magnet. it is not just crypto enthusiasts. you are tapping a market geared more to traditional equity or bond investors. how much is that dynamic for etfs further propel the prices and if we do see other etfs tracking hypothetically, like solana or other smaller coins, could we see that same price action in future as well? >> absolutely. there are several on wall street calling for 200k by the end of 2025. i think that has a lot to do with the supply and demand dynamics. you know with the bitcoin, you have the halving which forces the supply to slow over time. think about the additional

credibility that i just mentioned when you hear things from jay powell or, you know, from stanley druckenmiller. since the election, the big theme is around the strategic bitcoin reserve. we can debate all day long how likely that is going to happen in the u.s. or if they will be first to it or if they will do it at all. in the meantime, states are trying to front run that and other countries are trying for that as well. that will increase the demand while the supply is slowing. you know, we haven't even seen advisors start to turn. this time a year ago, they are absolutely not. they have seen bitcoin long term does perform as a chaos hedge or uncertainty hedge. you are starting to see more and more institutions. >> i have had a number of conversations here on air with

the idea of allocation could be the next step. thank you. those bitcoin etfs may not be the only ones with futures tied to crypto success. dan murphy joins us now with more on the interesting story from the incoming administration here. dan. >> reporter: indeed, dom, good morning to you. i think it was explained well there. bitcoin might be off record highs here, but enthusiasm in the space is running hot. bitcoin is up 140% since the trump election and the promise to make america the crypto capital of the world. i caught up with eric trump this week, son of the president-elect, who is in abu dhabi to attend bitcoin mania. this is the crypto event for middle east enthusiasts where a vip ticket, dom, will set you back $10,000 u.s. dollars. he came into the studio and i

asked about the crypto regulation under trump 2.0 will look like. listen in. >> the people in the crypto industry are frustrated that no one has put together a sensible plan to regulate the industry. they are fine with regulation. they just want guidelines. they said that. the problem is so many companies have been unfairly treated. so many lawsuits. hundreds and hundreds of millions of dollars. people attacked. companies attacked. they are saying give us the rules of the road and we'll obey them. >> so, i asked eric trump what the policies are actually going to look like in practice. he said it's going to look transparent, but stopped short on ing further. what is also interesting is president-elect donald trump recently announced plans to nominate paul atkins for the

securities and exchange commission replacing gary gensler. it will be interesting to see what happens over the next few months. dom. >> dan, the use case for bitcoin generally speaking with cryptocurrency evolves around the idea of decentralized finance. we know president-elect donald trump has made a lot of waves and commentary in regards with his relationship with the fed and fed chair jay powell. there is a way to reconcile and how exactly does somebody like eric trump talk about the idea this uld be a different type of banking or financial structure? >> this is fascinating, dom. you hit the nexus exactly. what is the purpose of the strategic bitcoin reserve in the environment where bitcoin is meant to be decentralized. doesn't that defy the idea why this exists in the first place?

nonetheless, it will be interesting to hear from key players like elon musk and david sachs who is the white house czar. they will take the roles in reshaping the environment as well. it will be those people that are really key and influencing trump to determine exactly what happens next. >> dan murphy with the latest on crypto out of abu dhabi. see you soon. still head, much more on the money movers today and the buying opportunity for this mystery stock chart. that storys mi uafr e eak.congp te

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welcome back to "worldwide exchange." tonight, cnbc's special cities of success travels to salt lake city, utah. the area that is a thriving business hub and one business slowing explosive growth. in the last decade, gaming video is up 230% delivering $2.6 billion in the utah state economy in 2024. much of that steep rise can be tied back to the halls of one local university. cnbc's andrea day takes a closer look at the salt lake city story. >> reporter: inside this classroom at the university of

utah, students spend years studying video games. believe it or not, the playing and creating that happens in the labs fuels the multibillion dollar gaming industry. >> a host of people who came here to go to school and graduated and pivotal in the games industry. >> reporter: michael young heads the gaming department. he says the school's roots include alumni like doug wser. >> back in 2008, students who were passionate about playing and making games, came to the professor and said you could teach games as part of the classes. >> reporter: the school took the advice and by 2017, those classes grew into a full-blown gaming degree program. today, the program attracts students from around the world with 72% of its grad students coming from out of state. >> the president's office has

invested $25 million for us to grow. >> reporter: he says many of the schools alum moving on to create games that generate more than $2 billion in revenue. >> there has to be at least 30 people here directly out of the program. >> reporter: john blackburn heads up the studio in salt lake city. he is a university of utah alum. he says the team behind the top selling game of 2023 is filled with grads. that game? "hogwarts legacy" set in the world of harry potter. it's generated more than $1 billion of sales so far. >> we get a team that you keep for a long time. that might not show up on the balance sheet, but it is a huge impact in the quality of the game you make and that does impact the balance sheet. >> that's just the tip of the iceberg. for more on that story, catch

cities of success salt lake city tonight at 10:00 p.m. eastern time here on snshs.cnbc. not just video games, a lot of financial places have moved to salt lake city. as we head to break, watching shares of applovin. those shares down .50% in extended trade. despite the down turn, shares are up 750% this year. until yesterday, was seen as a candidate for the s&p 500 before atbeen out by workday and applied global. "worldwide exchange" is back after this. 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

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stuff your stockings with tons of entertainment and tons of savings. bring on the good stuff. xfinity. the perception will be nvidia was added to or at least the investigation was announced under the anti-monopoly law after the u.s. last week tightened restrictions on semiconductor. we have seen this with the drones sold to taiwan. people said what took four years to get here lending credibility to the retaliatory action over based on economics of anti-trust. >> that was cnbc contributor and long view global analyst

dewardric mcneal. those shares are lower after falling yesterday tied to chinese concerns about nvidia. welcome back to "worldwide exchange." i'm dominic chu in for frank holland. coming up, more on the two biggest economies in the world and your money. let's kick off the check of the u.s. futures. right now, the dow implied lower, now higher by one point. the nasdaq is implied higher by roughly 20. again, relatively calm. still hovering near record highs. taking a look at the biggest laggards in the s&p 500.

oracle shares down 8%. watching the dow transportation index coming off the sixth straight negative session for the first time since the start of the year. the dow transports. the markets are closed right now. checking on the bond side of things. we are keeping a close eye on the ten-year yield which is ticking slightly higher, but relatively low compared to a couple of weeks ago. the ten-year note at 4.12%. the 30-year long bond at 4.40%. let's get a check of the top corporate stories, including the latest twist in one family's media empire battle. silvana henao is here with those. good morning, silvana. >> dom, good morning. a nevada commissioner has rejected rupert murdoch's trust and media operations according to a sealed document obtained

the trust divided control with murdoch's four oldest children. murdoch was seeking to give control to his eldest son when he dies. he acted in bad faith when he amended the trust. the other children welcome the decision and look to move beyond this. tiktok and parent company bytedance are asking to stop the enforcement of the ban. they are looking to do so until the supreme court can take up the case. this would give the trump administration time to weigh in on the matter. and boeing restarted production of the 737 max jet in recent days. the best selling product for the aerospace giant is seen as a critical component in the financial recovery. the reported production restart

comes about a month after the strike by 33,000 workers. dom. >> silvana henao now with the latest headlines. see you later on. shares of nvidia moving lower today followed by the 2.5% drop yesterday following the china probe into the anti-monopoly law. nvidia gets 15% of the revenue from the china region. this as chinese mainland markets rally to one-month highs on the beijing shift to ease monetary policy and, of course, promises to boost consumption. analysts say this signals potential rate cuts down the line, more financial stimulus and asset buying is in the offing. this sent moves to near record lows on bets help is coming to lift economic growth and the sluggish domestic spending picture there. the rally extending to

exchange-traded funds and kraneshares or kweb which jumped a whopping 10% yesterday alone. let's bring in brendan ahern, the chief investment officer at kraneshare. brendan, we turn to you with the etfs are often seen and used as a way to express views on that chinese tech market. what exactly do you glean from the headlines from china and whether or not this trend could be upwardly sustainable? >> good morning, dom. we are seeing a pull back overnight that traders were trading overnight and taking advantage of the strong move yesterday. so, we're going to get a pull back of u.s. trading hours today. again, the market really didn't trade or see the follow through we like to have seen. i think a lot of that is we're waiting to see more policy coming out of the china economic

work conference which starts tomorrow and ends on thursday. it should give us a little more guidance on policy trajectory. based on yesterday's announcement is much more focused and em inent lowering o interest rates coming. >> brendan, you are boots on the ground with the investment in china. you focused a lot on the chinese markets. from the chief investment officer standpoint like you are, what exactly are you looking for headline wise to make you more or less comfortable with the tech scene in china? >> very strong buy backs from the entrepreneur companies. what we are facing, dom, is a headwind scar tissue skepticism and people doubting the chinese

government commitment to the domestic consumption to righting the ship. i think yesterday's announcement considering it came from the bureau which was a meeting presided over president xi really shows a commitment there. at the same time, we are facing a headwind in seasonality that investors have closed the books on 2024. maybe we will see the re-balancing taking place latter in the year or early next year. a lot of investors are out of the china trade. maybe we will see some of that money pulled back in starting next year. >> brendan, the last time the chinese government and chinese communist party went after the tech sector, it was its own tech sector and took the air out of the market. we saw how forcefully the tech companies took it on the chin because the government cracked down on them. now nvidia, one of the biggest tech companies, if not the

world's biggest chip companies. what can we expect out of china and how could it affect the global semiconductor chain? >> nvidia is a widely held company here in the united states as well as globally. this is the first time you have seen a u.s. stock react to some of the political tensions between the united states and china. certainly chinese equities, investors have gone under weight. it shows how interconnected the u.s. and chinese economies are and why diplomats from the two countries should take a page from the business world where, obviously, companies are getting along well with one another fine. the chinese import/export data is strong. showing china needs the united states. dom, i did looking at the situation.

it looks like the regulation and the state administration of market regulation -- what they're looking at is specific to the mellinox acquisition in mid-april of 2020. when some of nvidia bought mellinox, the company had to unbundle some of its sales in china. so, this investigation is about whether or not nvidia did fulfill that promise that it made to chinese regulators at the time. this says that if there is a violation according to article 58 of the anti-monopoly law in china, that they could be fined upwards of 10% of the previous year's sales. i don't know if that is china sales, to your point, low to mid teens to china. it looks like it's a very specific issue about this one acquisition. >> all right. brendan ahern, chief investment

officer at kraneshares, see you soon. coming up, smoother sailing ahead. the bullish call on norwegian cruise lines sending shares flying higher, not sailing. we're back in a moment.

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goldman sachs is upgrading norwegian cruise line to a buy rating. another upgrade. this time from bernstein on american airlines moving to out perform. it ites a positive industry back drop and announcement of the credit card deal with citigroup. piper sandler downgrades pinterest and faces a competitive advertising landscape. shares off 2% in the pre-market trade. ahead, the one word that every investor needs to know today and the stock pick every investor needs to know as well. plus, toal ll brothers faci pressure and our next guest says now may be the time to get into the stock. we'll be right back.

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welcome back to "worldwide exchange." shares of toll brothers are falling despite the fourth quarter beat. toll says purchase contracts in the recent quarter were up 30% from the same time last year, but margins might be one of the sore spots expected to come in at north 26%.

the estimate close to 27.5%. joining me now is someone who knows about toll brothers. home building analyst. john navallo. it is all about location, location, location. let's talk about toll brothers. it's been a dazzling run medium to longer term for the home builders. is there any reason to think the toll brothers results we got could be a change in catalyst or are we reading too much into it? >> dom, thanks for having me. they beat across the margins and eps. everything was great. to your point, what people are nervous about is the outlook on the full-year basis was pretty good. gross margin may be light. the first quarter in particular was light in terms of deliveries and gross margin. here's the key. they have beaten in eight

consecutive quarters in guide by 90 basis points on average. in terms of deliveries, nine consecutive quarters by an average of 6% at the midpoint. the guidance is conservative and rightly so given there is uncertainty in the market. >> toll is also a very specific home builder for a very specific and distinct part of the market there. does it say anything to you about the state of the housing market if we are seeing that kind of reaction from investors from a certain side of that market or spectrum in price? >> i think we might be looking a little too deeply into it. the stock is up 50% year to date. it's had a nice run. this is a conversation for another time, but valuations need to -rate in the group. it is well overdue. for toll, they play at the

higher end. they have been migrating down. they are starting construction before the buyer is in place. they gravitated a little bit more toward the mid or lower end to some extent. i think they are saying the demand over the past six weeks was very, very strong . that's a good read for everybody. >> macro wise if you can go up to the sfun funnel. is the state of the housing market by the companies you cover in a healthy spot and by extension, how predicated for the outlook for the housing market on the fed interest rate easing cycle? >> tricky question. it's a tale of two markets, if you will. the existing home market is being impacted by the lock in effect of higher rates. we're at gfc levels. it sets up the stage for the new construction builders and home builders to fill the void and they are able to do so because

they are coverage mortgage rate buy downs. i think the set up for the public builders and new construction is favorable. >> before we let you go, john, your top pick at ubs when it comes to all of the home builders you cover? >> dr horton. they cater to the first-time home buyer. 15% in terms of deliveries. >> john lovallo, location, location, location. >> thank you, dom. coming up on the show, the slice of the market up nearly 20% of the year. the next guest says may t behe place to be in in 2025. we'll be right back after this.

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welcome back to "worldwide exchange." here's what to watch today. the latest look of the health of the small business sector with the survey at the top of the hour. a number of earnings on deck including gamestop and og meme stock and time to join cnbc's financial adviserex-perts on the market trends and insights out there. scan the qr code on your screen

or go to cnbcevents.com. register at the cnbc.com qr code you see there. turning back to the markets with the dow with a three-session losing streak. futures right now are relatively flat on the session. for more on the trading day head, let's bring in keith lerner at truist wealth. you are are our ond chief investment officer today. keith, take us through why you think the market is in an okay place, i'm thinking, right now, keith? >> hey, dom. great to be with you. we're up 25% for the year. we had a big run the last few months. having a little digestion is normal. our thesis is a bull in a china shop. we're staying aligned to that which is a trend to the upside.

we are expecting to see disruption along the way which should provide tactical operations along the way. >> where do we find some of the opportunities? i'm curious what you think is going to be the driving force in markets in 2025. >> i think the driving force in 2025 is still going to be the economy and it's going to be earnings, right? valuations, obviously, are somewhat rich. as we look big picture, we still have an emphasis on equities relative to fixed income. we're still team usa. in the short-term basis, you may see international do better, but fundamentals support the u.s. overall for the year. the dominant team is a.i. and we think technology has another good year as well. >> what exactly are places right now where you are seeing at least a little bit more of this kind of move? is it going to be in the mag seven side of things or is it in

the small caps? what exactly is the view the broadening out trade has legs in 2025? >> it is complementing over one area. we still like technology. we like mag seven. we think artificial intelligence has a long way to go. another part of the market that can complement that is midcaps. it is often a part of the market trading at 25% discount to the s&p. his torically traded close to parity. it should benefit midmidcaps. we think there is some catch up as well. >> that brings us to your word of the day and let's take us through what exactly it is and how that midcap story fits into it. >> sure. i let the cat out of the bag that it is overlooked. specifically with midcaps, a lot of times people say what do you

think of large caps and small caps and international. no one asks about the one in the middle like the middle child. in some ways, in our view, they are cheap or higher quality than small caps and trading at a discount. over the cycle, they nd to be more stable. they trade in tandem. you get a higher quality version. i think we will see a pick up in m&a and that area will specifically benefit. >> keith lerner at truist. happy holidays. >> thank you, dom. happy holidays to you. as we close in on the 6:00 hour, here are the stories we are watching. twan semi november sales jump 34%. shares of e-bay falling and may soon make online marketplaces pay more to the cost of recycling waste from the electrical items.

the financial times reporting that regulators are asking for about the advertising partnership with meta. it would involve 13 to 17 year olds who use youtube. and futures are calm as things stand right now. keep it here. "squawk box" starts the market coverage right now. good morning. new york prosecutors have charged luigi mangione with the murder of unitedhealthcare ceo brian thompson. we'll tell you what we know this hour. shares of oracle are falling. the company's earnings and revenue both missed estimates and guidance short of wall street expectations. and boeing is reportedly restarting the production of 737 max a month after the ebds of the strike.

it involved more than 30,000 factory workers. it's tuesday, december 10th, 2024. "squawk box" starts right now. good morning, everybody. welcome to "squawk box" here on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. it's tuesday. we're ready to go. futures are not doing much of anything at this hour. dow down four points. nasdaq up 16. if you are watching the treasury market, we are waiting the cpi and ppi this week. ahead of that, it's ten-year is back to where it was last week at 4.21. the two-year at 4.13. let's talk about the story of the morning. new york prosecutors charging luigi mangione with the murder