pippa stevens is standing by with that for us once again. pippa. >> hey, scott.tors are. not shopping for one retail stock after earnings. the name that's down double digits. >> coming up next. >> the bond report is brought to >> the bond report is brought to you by pimco, a ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ at state street, we know everyone's trying to get somewhere. ♪♪ take the next step toward your future, by investing in the s&p 500 with spy. getting there starts here. what you plan for. you may. >> have. >> a retirement plan in place, but are you sure it's the right one for you? creating a plan with fisher investments gives you the confidence your money can last through retirement. we'll shape your plan to meet your unique goals, needs, and lifestyles so you can enjoy the retirement you dream of. >> take it from. >> legendary money. >> manager ken fisher. >> you don't have it coming to you unless. >> you plan with this. >> three indispensable. guides to help you achieve the. >> comfortable retirement you deserve. call 1-800-446-7711. >> for the three guides that show how mu

scott. >> good stuff pippa. thank you for that. pippa stevens up next.lag on crypto. we've got the details just after this break. closing bell. coming right back. >> the bond report is brought to you by pimco, a global leader in active fixed income. >> with income products from brighthouse financial. you can turn a portion of your portfolio into guaranteed lifetime income for whatever the occasion calls for. brighthouse financial build for what's ahead. >> with the fundrise flagship fund, you can invest in the same kind of real estate. investments that empower the world's largest portfolios for decades. start portfolios for decades. start growing your real this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo realize that in today's market, buying and holding stocks alone. >> is not an option. >> the simple, beginner. >> friendly option strategies you'll learn in our new book. >> could ta

pippa stevens is standing by for us today with that. hi, pippa. >> hey, scott. red, one telecom. >> name is bucking the trend and. >> is one of the s&p leaders. >> the name to watch coming. >> up next. >> is. >> the bond report is brought to >> the bond report is brought to you by pimco, a growing your business is easy once you know the moves. with godaddy websites plus marketing, you can quickly create a website, and ai will customize it for you. get your business out there and get more customers in here. no sweat... for you anyway. create a beautiful website in minutes with godaddy. highs, creating a strong backdrop for precious metals exploration. aztec minerals is drilling in tombstone, arizona, a historic high grade silver and gold mining district with significant expansion potential, with additional drill results expected soon and having private ownership of both surface and mineral rights. aztec minerals is positioned for growth symbol aztec on the otcqb and azt on the toronto venture exchange. the future. >> the way you see it is said to depend on where

>> pippa, thank you. pippa stevens.cials. >> yeah, the financials taking a hit today. the best way to think about the bank story right now, scott, is to look at the spider bank etf, which is trading near the same levels as it did on november 4th, the day before the election. the etf has come full circle as the broader market has as well in the two months since for much of the month of november. there was this mindset that president-elect trump would employ an onslaught of deregulatory measures and rethink the hindrances that have hampered one name that banks say they really face. but the tone has shifted really ever since thanksgiving where the prospect of more inflation from some of trump's policies really took center stage. now the idea that the economy will remain restrictive with fewer rates expected this year could create some challenges for banks and their loan making profitability. we get a new snapshot, the big six banks report fourth quarter earnings starting wednesday and thursday of next week, scott. >> lesli

pippa stevens and megan cassella has more.mer chief of staff to mike pence, marc short joins us. megan, good morning. >> reporter: good morning, frank. trump's complaints are on four areas of friction. trade deficit and what he calls a flood of i mmigration and fentanyl and what we pay for canada's defense. here's what he says. the latest data this week runs through the first 11 months of 2024. canada is the u.s.'s second largest trading partner. in that time, $700 billion of goods exchanged over those 11 months. we want to run a trade deficit in goods, but a surplus in services. in total, the deficit was $55 billion. economists now don't mind trade deficits and that one isn't that big. it's the ninth largest that the u.s. runs from the bilateral trade deficits. canada sends us a ton of energy. more than 60% of all u.s. crude oil comes from canada. it is cars and car parts tropical crossing the border and consumer goods and lumber. fentanyl does not appear to come from canada all that often. in the first nine months, u.s. cust

pippa stevens is here with that. >> good morning, frank. u.s. steel shares sinking after president biden blocked the $15 billion takeover deal by nippon steel. the president opting to kill the deal despite warns it could damage the u.s. relation was japan. should the administration try and block their merger attempt. an official announcement could come as soon as today. >>> meta platforms is shaking up the policy team days ahead of donald trump's inauguration. the company says nick clegg, a former british deputy prime minister and global head of policy since 2018 will be stepping down and replaced by former staffer joel kaplan. kaplan served under george w. bush and appeared with vice president-elect vance in december. >>> and more issues on the hack attack. the chinese sponsored hackers were able to access classified documents on servers and drafts and notes and communications. the agency is assessing what was taken. notes that hackers did not access the email system or classified systems. frank. >> thank you, pope ippa. >>> turning back to the

>> pippa stevens. courtney reagan here. >> holiday quarter preannouncements to two major retail conferences running concurrent, macy's store, saw comparable sales growth, but the full portfolio did fall short of expect eggs and expectations and the retailers battling another activist. barrington capital suggests macy's separate the better performing bloomingdale's businesses and they enter the big show with all three of those ceos, i asked macy's ceo if the activists are right, should they be sold to recognize the value? >> we're not getting the recognition of the value of these two brands and we believe that there are synergies between the wear housing, legal, finance and back end operations and joint brand negotiation. there's just so much opportunity for us to leverage scale of the portfolio. >> separately, abercrombie shares are getting hit pretty hard. citi calls the reaction overblown. it raised the sales guidance range and didn't increase its earnings forecast. at the rcr con fraens, ference, ho

>> pippa, thank you very much.he drugmaker -- plunging after it's depression drug failed trial. down 1%, less than a two dollar stock right now. we will get the full story on this one, next. >> crypto watches sponsored by crip.com. crypto.com is america's premier crypto platform. the average dog only lives to be ten. at the farmer's dog, we don't think that's long enough. that's why our food comes in personalized portions. because a dog at a healthy weight could live a longer, happier life. >>> welcome back. check out today's biotech blowup. gomorrah therapeutics losing almost all of its value after it's drug failed a trial. angelica joins us with the details. >> that's right. they failed to show it was any better than a placebo in a phase two trial. this is one of three studies that numora is running but they are calling this the worst case scenario and that's because numora's drugs are the exact same affect on depression symptoms as placebo, not even a little bit better and depression is a really tough space for

pippa stevens has that for us. and this is related to this story as well pippa. >> that's right scott. and the nuclear power stocks that got hammered yesterday on the deep sea news fighting to make back some of their gains. with vistra and talen both up more than 4%. while constellation is hovering around break even now, a number of wall street analysts saying the declines were not entirely justified. morgan stanley calling yesterday's plummet an overreaction, saying u.s. ai infrastructure will continue to grow rapidly. while evercore isi said it was shooting first and asking questions later, and jefferies said the drop was a buying opportunity for talen. as the dust settled. now oklo, the small modular reactor maker backed by sam altman, up 6% and making up some of yesterday's losses, with uranium stocks also in the green. traditional energy stocks though not seeing the same type of bounce. although gas focused driller eqt is an exception up here about 3%. of course, it is important to remember that while ai is on

pippa, thank you so much for running us through it. i mean, mike, pippa makes a good point.y. it's not like we don't need energy. maybe we just don't need as much. it's not as concentrated right now. i mean, how do you trade it, mike? >> yeah. i mean, there's obviously some crosscurrents here. so, you know, a big part of the nuclear thesis was based on these very high demand numbers. and what was interesting to me was that where the nuclear producers and the miners like cameco and yarra traded down, which, by the way, i should mention that options traders actually were taking this as a buying opportunity and buying a lot of calls and all of those. but if you actually take a look at the natural gas space, so short term natural gas sold off and that's because of weather issues, people are saying, oh, it's getting a little bit warmer. so near term natural gas demand went down. but longer term natural gas demand over the course week on week actually went up. and you take a look at nextera energy, which is actually a natural gas generation player. they actually were trading highe

pippa, feels like energy is a pretty popular comeback >> that's right. working.cks are continuing that recent run of outperformance. the top sector today with all but one component in the green. and pacing for the best week since november as wti hits a three-month high. the xop is on track for the eighth straight positive session for the first time in a year as oil and gas prices move higher. and it is now on the cusp of overtaking the 50 and 100 day moving averages. the refiners pointed weakness all down double digits in the last month as we approach a seasonally weak period for driving demand. finally, over in the youth space, look at constellation, they're popping today after the company announced the new contract to supply nuclear power to the u.s. government. the news also lifting shares of vistra and nrg. >> that is not the reversal trade. that's momentum. thank you, pippa. >>> phil, a miss for tesla. put it in context. >> it wasn't a huge miss. they only missed by about 9,000 vehicles compared to what the street was expecting in terms of q4 deliveries. the

pippa sproul will always remember the last—minute call-up— remember the last—minute call—up to play ford her international career. quite a lucky story, to be honest, one that i didn't really think would happen. i was playing against a scotland women's player who was playing for the opposition and at the end of the game, my dad was talking to me and everyone could overhear his scottish accent, and the scotland women player picked up on it and asked whether i wanted to go and try out for scotland. hat and try out for scotland. not onl did and try out for scotland. not only did she _ and try out for scotland. not only did she go _ and try out for scotland. not only did she go for— and try out for scotland. not only did she go for the trial, she was soon top scoring, helping scotland qualify for the under 19 world cup. irate the under 19 world cup. we couldn't really _ the under 19 world cup. - couldn't really believe in. we were just also so excited for each other. i didn't really think it would be possible for me to play for scotland, not having lived there, my family not having lived the

pippa stevens, great stuff. >>> finally, donald trump said he is tired.tant shipping rates to use the panama canal. here to explain what this might mean for arguably the most important waterway in the world ? >> it definitely is, brian. president trump complained the canal is too expensive and threatened to regain control. the u.s. is the top user with 3- -- three quarters going through that waterway. the rates are based on ship size and type of vessel. a regular vessel pays 12,000 dollars up from $10,500 from last year. the super vessels are being charged now $50,000 transit, up from $41,000 from last year. the largest ships have to pay $100,000 to cross. last year was 80 grand. the panama canal authority is in charge of setting those rates. last year with the drought and fewer crossings, canal revenue hit $3.38 billion and has gone up every year since 2017. brian? >> every year since 2017. where do we go? we've got three choices, kelly. where are you headed? >> let's go back to canada for a second because i don't think anyone is talking about purchasing

for cnbc business news, i'm pippa stevens. >>> coming up on the show, social media election or not.ll be looking at the latest from germany as the chancellor urging voters not to let the upcoming elections be decided by social media channel owners. we'll have more after this break. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned we could sell all of our policy, or keep part of it with no future payments. who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have $100,000 or more of life insurance, you may quali

>> okay, pippa, thank you. we will follow that. you take this as just companies getting a little leaner or something to keep in the back of your mind about cutting travel related expenses and things like that and say maybe these are the earliest signs of maybe the economy is slowing a little bit? no? >> 2025 was the year of efficiency and that's what is clearly --. >> 2.5? >> that's right. all of the companies still have massively larger head counts today compared to precovid levels. so some culling of the work force if you will, one of the headlines is we were lowering the lowest 5% of producers, i forget who that was. >> i think it was meta. >> year of efficiency 1.0. i don't read anything into this from a macro economic sense. the companies should be getting leaner and getting rid of the bottom performers every year. when you employ tens of thousands of people, it is something that you are supposed to be doing when you are trying to be as rational as you can. i want to get back to the market real quick and say to the point we ha

thanks so much, pippa.rews are set to make waves in 2025, with record breaking numbers already on the horizon from state of the art entertainment to private island getaways, cruise lines are redefining the vacation experience for every kind of traveler. new features like vr arcades and waterslide hybrids are just some of the innovations drawing millions of passengers. millennials and gen z driving much of the demand, embracing shorter, more flexible trips. the president of norwegian cruise lines says with the new features, there will be something for everyone. what are some of the amenities as well, that families can really dive into? whether you're looking to just go out there and play pickleball or you want to ride the aqua coaster, or you want my wife does grab a book, get on the balcony and relax. something for everybody. there you go. you can watch the full interview coming up on the today show and see what cruises are offering for discounts and promotions. it's at 7:00 this morning right after today i

pippa pa stevens, thank you. >>> up next, we're hitting the reseset tton on another norm of money, your monthly subscriptions. how you can find and cancel things. >> plus president trump is calling for an end to birthright citizenship. i'll explain that constitutional right and wh right and wh at when caroline has a cough, she takes robitussin. so she can have those one-on-ones again. hey, jim... can we talk about casual fridays? for sure. what's up? get fast powerful cough relief with robitussin and find your voice. ♪robitussin♪ [♪♪] ando you own a dishwasher, but only use it for storage or as a drying rack? get better results than hand washing, with your dishwasher and cascade complete. your dishwasher does the work for you, with temperatures up to 140 degrees - too hot for hands. some dishwashers even have a sanitizing cycle. load pots, pans and tableware at the bottom, with pstic and glassware on top. cascade complete removes visible and invisible residue, for virtually ree d shiny dishes. switch to your dishwasher, and cascade complete. hey man. whoa i'm you, frorom the fure. our d

i'm pippa stevens with your cnbc news update.ation announced a $306 million push to ready the nation for potential bird flu outbreak. the money will go toward hospital preparedness. research on vaccines and drugs and helping track and test people exposed to infected animals. the cdc says the current risk to humans remains low. to turn over his assets to pay his $148 million defamation number. the judge could fine or even jail giuliani if he finds him in contempt. >>> the transportation department fined jetblue airway $2 million over repeated delays. the agency says flights on four jetblue routes were delayed at least 145 times between june 2022 and november 2023, and claims jetblue failed to adjust the flight times to avoid unrealistic scheduling. jetblue said in a statement it has invested tens of millions of dollars over the past two years to reduce delays. mike, i'll send it back to you. >> pippa, thanks. >>> we are learning more about the tragic attacks in new orleans and las vegas on new year's day and new intelligence warni

let's get to pippa stevens. >> moments ago a new york appeals court denied president-elect donald trump'sin his criminal hush money case. trump's legal team argued he's already protected by presidential immunity and could not be sentenced and said his conviction should be thrown out on the same grounds. trump was found guilty on 34 felony ounts for falsifying records in an alleged scheme to cover up an affair with adult film star stormy daniels. >>> the republican-led house passed its first bill of the new congress today, tightening security at the border. the so-called laken riley act is named after a 22-year-old georgia nursing student who was murdered by an immigrant who entered the country illegally. the measure would require federal immigration authorities to issue detainers and take custody of people in the country illegally who commit theft-related crimes, including shoplifting. >>> and peter yarrow died today four years after he was diagnosed with bladder cancer. he was part of peter, paul and mary and a co-writer of "puff the magic dragon". he was 86 years old. back to you. >> th

has control of key elements to make advanced tech to counter china's rise. >> pippa, i think the big cost of this thing is? what's the valuation? >> no one has really put a firm figure on it, and of course, both greenland and denmark have reiterated multiple times that the island is not for sale, but they do have vast mineral resources, but the question is, can you actually access them? of course, right now, more than 80% of the island is covered by ice, and so getting down there, they also don't have a robust labor force and also no greenland-based company has the resources and know-how. >> but do we know -- if the comp is going to be -- you could take the comp being alaska at $200 million back in the day. you could do -- the louisiana purchase doesn't really work anymore. >> manhattan. >> how would you -- how would you even do the math? is anybody doing the math on this? >> not that i have seen so far. i think you would be in the trillions simply because of those reserves, but this is really unprecedented. you can think about small caribbean islands or something like the marshall i

. >> pippa, thanks. >>> 2024 was a breakout year for robo taxis. waymos in particular.s expected to continue in 2025 as we await a bigger push from tesla into the space. pushing pressure on uber. deirdre bosa has more in "tech check". >> setting uber up as the early battleground stock of 2025, already under pressure in 2024 over fears that robo taxis will disrupt its business model, the development of self-driving fleets is only set to accelerate in 2025. now uber bulls argue those fears are overblown. it's entrenched network makes attractive partner for robo taxis. offering fleet management or combination of human and robot drivers to boost reliability. recent actions from alphabet subsidiary argue otherwise. it's increasingly leaving uber behind partnering with a fleet management startup in miami, a local taxi company in tokyo. it's partnership with uber in austin and atlanta looking more like the exception, not the rule. tesla's robo taxi vision meanwhile doesn't rely on any partners. while it still has major hurdles, there's been progress on full-self driving techno

pippa. thank you.e with this blitz of policy actions. what it means for stocks with morgan stanley's head of public policy research. plus, boeing's capping off a tough year with this massive loss announcement. we'll get earnings in the beginning of next week. talk about what it's doing to the stock today after a break. >> assured guarantees bond insurance was protecting investors and municipal green bonds before they were even bonds before they were even called green bonds 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. why more stock investors are now learning to trade optionsook ate return of this option trade versus a stock trade on. >> the same security. >> they can't even compare after years on tv as the go to options experts, we wrote our new book to teach stock investors

. >> all right, pippa, thanks.ing up, more than a fifth of the health care sector is near 52 week highs. and my next guest says the space stands to benefit from any further weakness in big tech. he'll tell us which names to watch after this. >> morning. >> everyone ready for the big meeting? >> i have to write this project plan. >> i just. >> need to reply to. >> 40 emails. >> linda. >> oh, their. >> day disappeared. >> too many. >> emails, messages, docs. >> that's why i have grammarly. it's ai that helps me write. faster and better everywhere. it just cleared. >> it for the whole company. >> i was lost in the. >> doc grammarly. >> for business enterprise ready ai. >> with the funrise flagship fund, you can invest in the same kind of real estate investments that empower the world's largest portfolios for decades. start growing your real estate portfolio today with the fundrise flagship fund. >> your cardiovascular health impacts everything, and we mean everything blood pressure, circulation, and energy production,

yesterday i asked pippa she agreed with former attorney general republican attorney general to interferewith that case is not to be in any call to align assistance agreed with that statement to the justice department and the white house maintaining by strict context policy under republican democratic administration. in january he realize the importance of not just be a d.o.j. policy all within the white house staff note not to pressure the department or other departments when it comes to specific matters. >> how can congress exercises oversight authorities to ensure the policy of on both sides are being followed? >> starting with the questions u.s. yesterday, senator klobuchar is a good start. if there should come a time where it seems like the policies are not being complied with or if there is a refusal to adopt or continue those policies, those are something congress should be very concerned about. alright ms. gilbert you've been before us many times on the subject antitrust. as you know, and i note many democrats and republicans on this committee now, monopolies will go very far to p

i am pippa stevens with your cnbc update. and thompson for their work on the investigation of the capitol riot, the second highest civilian award. president-elect trump said they should be jailed for their roles in the probe. >>> ukraine started the new year by halting the supply of russian natural gas through the country, marking the end of decades of moscow's dominance over europe's energy dominance. ukraine said it left the pipeline agreement lapse yesterday. pregnant workers in new york will now be able to take paid medical leave to attend prenatal appointments, up to 20 hours of paid time off for pregnancy appointments and fertility treatments. >>> and then we are talking about the outlook for the year, and we will have the forecast for rates in 2025. back in a moment. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our inc