anyone who plays games as much as we have been will mention activision.: he's been playing games for a few decades. megan murphy, thank you so much for bringing us that list. david cook ettrick you are sticking with -- david kirkpatrick, you are sticking with me. coming up, alexa is heading to the office. amazon plans have voice technology incorporated into the workplace. this is bloomberg. ♪ reachednstagram has another milestone. more than 25 million businesses have accounts on the social network. keep in mind it only had 15 million profiles. -- in july, it only had 15 million profiles. amazon's alexa technology could be coming to a workplace near you. the company announced its voice activated tool will handle common office tasks. will allow users to begin a videoconference or prudent documents among other functions. or print documents among other functions. do you make of alexa moving into the workplace? david: first of all, let us knowledge amazon's extraordinary ambition and continuing ability to execute in more places than we could possibly imagine.

activision is a high-momentum stock.does warrant a buy rating in our work the thing with these high-momentum stocks, they can do nothing for months at a time, butt but the assumption is the longer term strength ultimately continues higher i think that's whaing what's going on for activision. it's traded at a range between $60 and $66. given the positive momentum score, given the rising 00-day moving average, given top-down actually winds from a relatively strong tech sector, we're buy rated on it, overweight. we think it's more likely that you get an upside breakout than a downside break >> all right there we go. that's why we do it both ways. thank you. trading nation has a lot more segments check, please, next. >>> and now the latest from tradingnation.cnbc.com and a word from our sponsor. >> using limited orders will ensure you don't pay too much for the stocks you buy or get too little for the ones you sell markets tend to gap up and down at the open more frequently during vatolile markets, and limited orders are one

activision blizzard, the videogame company, third-quarter earnings beat but it was cautious on its fourth-quarter outlook, which illustrates the difficulty in predicting demand for video games. there's a migration to digital from the physical games. outside of the world of stocks, getting back to this talk about the fed and also about taxes, the bi stocks team with this chart, deficits in the white line and the dollar spot index in blue. steady as sheg goes with monetary policy, fiscal policy would be more of a driver of the dollar and it could be a negative pressure on the dollar. if we have the tax cut coming, we could potentially see federal deficits grow, which could then in turn be negative for the u.s. currency. vonnie: thank you for that. a major week in general. let's get back to the u.s. labor economy. payrolls rising the most in a year as people resumed work after hurricane harvey and irma. again missed economist estimates and wage growth stalled. joining us in york, michelle meyer. thank you for joining us. a jobs report we will discard to a certain extent. was there anything in here o

. >>> activision blizzard's third quarter results missed forecasts. active users fell 20%.ctivision is raising the full-year outlook as it releases a new call of duty game today, but that forecast trails analyst estimates. it's up 1.6%. >>> cbs's third quarter earnings beat forecast, but the revenue fell short due to lower ad sales. cbs earned about 35% of total revenue from ads in the quarter. it owns more revenue per subscriber from digital versus traditional platforms. >>> pandora reported a narrower third quarter loss but revenues slightly missed forecasts. they predicted fourth quarter sales that fell short of estimates. ad revenue sales rose 1% as they were hurt by the shutdown of offices in australia and new zealand. >>> president trump making it official nominating jay powell yesterday to succeed janet yellen as fed share. the president described powell as a committed leader who would build on janet yellen's achievements on steering the u.s. economy powell pledged to be attuned to emerging financial risks and the impact the fed has on average americans. >> while pos

look at the activision/blizzard chart, it suggests something else. abigail doolittle, thank you.day has always been a boon to retail stores, but given the rise of e-commerce and amazon, the much publicized troubles. emma chandra joins us from the jcpenney store at the queens center mall. have people started shopping already? yes, people are starting to shop, but most people are coming to the store will wait to tomorrow. this jcpenney will be opening at 2:00 p.m. tomorrow and stay open for shoppersight to get those black friday deals. there is a fairmont of optimism going into black friday on this holiday shopping weekend. a number of analysts find a number of positive economic factors, consumer confidence, low unemployment ratings, they lead to a string of fairly positive earnings results from retailers and one analyst today saying that you are seeing stores that are promoting earlier, that have a place this year. they have streamlined inventory and have better integration with their online services as well. overall, the consensus is 34% sales --. while the public shop in stores

you want to talk a little activision. >> here's a stock, again, like starbucks, traded down huge afterl, went down to 61 of which i'm looking at the release and trying to figure, could we please wait to hear the call because it's bobby code da talking and he's brilliant his strategy at candy crush coming back, acquisition was good and call of duty, all games doing better than expected my charitable trust owns, the overwatch league, they are talking about who owns these teams and we're talking about the misfits game, and partners with miami heat. comcast, our parent owns the philadelphia team. you've got the krafts owning the boston team. you've got sterling equities owning a new york team david, the roster of people who own teams are people who are very smart, almost as if they think they are going to own an nba team. >> esports is still in the early stage but bobby codic has been focused on it. >> it's going to happen. maryland has a good team by the way. the conference call was a tour de force monthly average users are big. electronic arts was not as strong as activision, these game

fast-forward, we wind up selling our patents to activision. did you do well? we did very well.nna cost the average consumer? right now, the bundle -- the 40-watt speaker, the stand, the studio, and the microphone -- is $345 at retail. we just came out six months ago, so this was our primary sku. what are your sales for the last six months? $1.2 million. how many units is that? greiner: in the last six months? wait, i want to make sure we're clear on this. 4,000 units. berkowitz: 4,000 units. all right. dollars that it costs you to make this bundle. dollars you sell it out to a wholesaler or distributor for. $150 is our landed cost. wholesale would be like $265. tell me what's gonna happen from here on in. you're saying the company's worth $30 million. it's not based on the historical sales. here's -- here's where we are. we have a very large consumer electronics company who wants to take over our distribution in the u.s. and in europe. so, we're expecting to sell 30,000 units this year. is this an exclusive that they have? it would be an exclusive. here's where it's easy. if we

grand theft auto, it's been terrific it's no longer seasonal, it's secular growth it will bring up activisionlectronic arts, both which have been slammed because i think strauss will tell the story that there's competitive times ahead. this is a great business >> jim, there's a bounce in your step because your eagles are kicking serious you know what, i'll give you that, well done. even with the move in robin caribbean, rcl has doubled i still think it's cheap on valuation. do you still thing it's keep >> yes, i do i've got to tell you something, guy. this is the most heavily shorted stock of the group people tell me, what a lay-up, it's got caribbean in its name, caribbean got hit by five hurricanes we've got to short royal caribbean. the business isn't that simple, is it? >> nothing in life is that simple, jim. as a giant fan i've come to learn that things are just not as simple as they would appear at face value. so no, i'm with you, jc. but i'm always with you, my man. >> the san francisco giants are good >> hey, come on. >> manning to who? >> rub it in, jim. >> i rub it in because you kn

asian stocks, i have noticed , has turned around a little bit with the exception of west goodmans activision- wes goodman's optimism. mark: there were a couple of posts from the team, there is a couple of warning signals on this rally. there is a little bit of a euphoria bubble kind of thing. everyone is getting excited. there are too many sudden bullish calls create a looks ripe for a little bit of correction. i do not think a major correction and i am bullish in terms of that. the three pillars for equities are growth, earnings, and liquidity and all three are giving positive signs. it does mean the structural story remains very strong until one of those pillars gets knocked out and none of them look like getting knocked out anytime soon. debate around the shape of the curve continues. thequestion as to why 10-year is not moving in a way to the -- that you would expect it to give and the data that are emerging. curve continue to flatten, what are the applications? wek: i am in the camp that are in a multiyear planning process which happens toward the end of every kind of cycle at it has a

activision, blizzard in the win column on the earnings front.g earnings estimates because of the popularity of the grand theft auto game. an i.t. services firm beat estimates. csra caters primarily to the u.s. government, and its shares are down 8%. care services from is at the bottom of the s&p 500 today. keeping you on your toes there. scarlet: u.s. state and local elections give democrats the first big win in the truck era. races in new jersey and virginia served as potential barometers electionss impact on next year president trump responded to republican ed gillespie's loss in virginia. he said that ed gillespie worked hard but did not replace me are what i stand for. joining us for an election roundup is our bloomberg businessweek columnist and best-selling author josh green. did people vote for democrats or did they just vote against the trump-led republican party? >> i think they did both. when you look at exit polls, democrats, somewhat surprisingly, said they were voting for their own candidates, but i do not think anybody can assume t

activision blizzard's third quarter results missed forecasts. active users fell 20%.ctivision is raising the full-year outlook as it releases a new call of duty game today, but that forecast is behind analyst estimates. stock is up 1.6% >>> cbs posting third quarter earnings that beat forecasts, but the revenu fell short due to lower ad sales. cbs earned about 35% of total revenue from ads in the quarter. it owns more revenue per subscriber from digital versus traditional platforms. stock is off by 1.1% >>> pandora reported a narrower third quarter loss but revenues slightly missed forecasts. the streaming service also projected fourth quarter sales that fell short of estimates. ad revenue sales rose 1% as they were hurt by the shutdown of operations in australia and new zealand. that stock taking a big hit. down by over 16%. >>> starbucks shares taking a tumble after the company reported a revenue miss in quarterly earnings good morning to you. >> good morning. >> so walk us through the numbers here looks a bit like an asian issue in terms of that growth engine slowi

southwest airlines during the last quarter ended in june, he took several positions including of activisionhar al-assad -- blizzard today, he trade od out of those three names. these closures are at the end of september and tepper's portfolio looks different than what was filed today. lesley picker. thank you. >> we are seeing a tale of two retailers of walmart surging 30% this year and macy's is falling 45%. joining us with barry james with advantage funds. gentlemen, welcome to have you here what do you see in either of these two stocks attract you or repel you? >> what i see are companies taking on the challenge head on and they are cheap macy's is trading less than half of its value by a number of different methods enterprise values and the values of their real estate. it has a pe that's less than its dividend yield it is using about half of its earnings to pay the dividend yields the buy pack chair and paying debt they are restructuring and they got this backstage of an outlet kind of things and improving their inventory management and doing a lot of closing of stores as well. i think

activision is lower and t-mobile and sprint are higher.obile has made a revised offer to merge with sprint, on and off again, you know? the story breaking moments ago, we are watching reports that broadcom is exploring a deal to buy qualcomm >> more on this action bob pisani is on the floor with the latest >> hell lo tyler. >> tech and energy is what we are all about. tech has been strong all morning. apple supplier is pulling everything to the upside utility energy and bank stocks are also on top and leaving as well you can see, spider banks are down and that's a problem. the average hour earnings were disappointment and we had lower yields throughout the day here let me show you some of the tech names are up apple is up and corning and advance micro and nvidia and broadcom buying qualcomm that's quite a deal. broadcom is $113 billion cap and ca qua qualcomm is $9 billion cap another one of those rallies, we'll see if this run lasts. a lot of heartbreaking energy this year. earnings season, it is getting better and better, we are almost a

the losers, big users of broadband, netflix, facebook, google, gaming companies like activisi activision it seems like that's the simple way of viewing it, but it gets so scrambled net neutrality is so hard sometimes to figure out. i think long term it's going to be very interesting. in some ways net neutrality may well benefit the big internet companies like facebook and google simply because they're the ones who have the mass to negotiate with the broadband providers. not as simple as it seems even though at first blush, there are some winners and losers. >> the share price reaction which had a lot of technology names positive would seem to hint at that, too, mark. what are you looking at this from >> i basically agree with dennis it's the winners are the broadband companies. at the top of the food chain at the bottom of the food chain, consumers, no matter what happens at the top of the food chain, they lose but, you know, another -- >> why >> because the -- any increase in cost at the top of the food chain is just going to roll down to consumers ult pimately but there's another loser

you're a fan that stock up over 10% of course, this is also a sharp contrast to what we heard from activisionck mention of match group, shares also rising ea earnings missed. driven by fantastic performance at tinder and match, according to the chairman and ceo of match group, that is greg blatt. that stock up 5% kelly. >> >> all right. thank you, seema >>> more deal talks hitting the tape today this time in the shopping mall space. are mega mergers back? at cinup under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. it's life insurance and wharetirement solutions toic? help you reach your goals. it's having the confidence to create the future that's most meaningful to you. it's protection for generations of families, and 150 ye

they have a big stake in activision. called epic games which has done well, and they bought about the same sized stake in glue mobile which has dropped a lot. it was under two dollars and started to rebound recently. hit and miss. if they bought a stake in snap, they didn't likely do it last night. they probably did it before the earnings results. these results were a with -- we re a whiff. what is more important for a new investor who is considering investing in snap is are they growing? alex mentioned 52% growth. don't care about year-over-year, because that reflects the ramp in their efforts. look at sequential growth, it was anemic. $27 million. advertising revenue is just not even coming close to growing at the rate that facebook is. facebook is something that is a platform that advertisers understand because they are on it. their spouses are on it, mothers are on it. they are comfortable investing in it. facebook has instagram stories which is a ripoff of snapchat and it is doing better. if you are already advertis

forecasts the game developer says it is gearing up to face tough competition from rival such as activisionnd blizzard. >>> and shares of checkpoint software getting hit. its revenue forecast falls below consensus. they blame a restructuring of the u.s. sales force >> messaging slack is back online after suffering a service outa outa outage slack is a popular mode of communication among the silicon valley big swinging guys out there that love slack. >> swinging guys >> the big -- >> don't know what you're talking about. >> fortune 100 companies you ever heard of slack? >> yes, they use it in the newsroom. >> the newsroom? we've been down here -- you don't go back there much, do you? >> every day i do "power lunch. >> okay. i got all thrown off by ubs and barclays >>> a record 28.5 million people will fly u.s. airlines during the holidays thanks to a strong economy and low airfares it would be a 3% increase over last year. >>> coming up, put your money where your mouth is we have a run down of the restaurant chains reporting quarterly results today. what it could mean for your portfolio. >>>