hey, josh. >> surging right tp activision roaring higher in today's trade as analysts start no weighnew upcome battle royale mode for the call of duty black ops 4. the battle royale refers to when big groups of players go the a it will until one remains. mike hickey i telling them what she is exceeded. hikky reiterated buy rating on activision saying he thinks the game's battle royale moede can generality more than 500 million of annual inincremental sales. a broader question now what does the game mean for the ee fom that's fortnite. hikky tells me he doesn't believe it's a fortnite killer but he thinks it's very interesting to see the impact, meaning whether there is player migration from fortnite to the new i havition game. after all he says fortnite players tend to be young, 12 to 14 they know the battle royale styles of play and low owe and love it. he bets they want to give call of duty a try. it's slated for release on octobers 12th. wig name titles are on the way remember take 2 red dead redemption 2 launch attention october 26 ea battlefield five on november 20th back to you

next one, take a look at activision blizzard. up 46 cents.y have earnings next week somebody came in and was buying the 87.50 calls out in november, judge. so with the stock just over 83, just under 84 probably, they're buying the 87.50 calls earnings are the first of october or thereabouts we're right upon it, i believe, and i like this one when those earnings come out if we get a pop i'm going to sell an upside call against it and hold on to this one >> good stuff. come back over jon najarian with unusual activity how about mortgage rates they just hit a seven-year high. it may be a trigger for one part of the market to rise. diana olick is here and is following the money. first courtney reagan with a look at what's coming up >>> trouble secured, the sex fili s.e.c. filing against elon musk. we'll debate it and see. he was formerly on the fbi's most wanted list for hacking and now he's helping companies fight back against the rise of hackers so what advice does he have? and former cleveland browns player joe thomas, the future of the league

parata has written a software program that exploits this flaw in the security system it's activision due for all activated with a keystroke and when i press capture video capture the program replaces the real data with any material that we choose. to will use an image of a skull and crossbones for this test this software can also create fake fingerprints that look absolutely real. life for the hacker who has access to the image data including fingerprints you can choose to copy them all of them for his own purposes. that have fake fingerprints can end up in i.d. documents that could be used by criminals for community arts to indian can is the sounds of a shiny stuff what a government office be able to spot and intercept this sort of malicious software. on the shots of. we've seen cyber attacks on the bundestag nuclear power plants and then a g. company's any computer is vulnerable to attack. and of course that includes computers in government offices in a major city live. in computer infancy and could. millions of german citizens have a submitted their fingerprints in recent years us

to implement more restrictive approval process for new titles looking ahead electronic arts and activision, bank of america, merrill lynch, cutting its rating for both stocks to neutral from buy remember ea got hurt this week after delaying the battlefield 5 game to november 20th and lowering guidance. he's talked about the impact of fortnite and it will likely impact on-line activity and poblgy unit sales and he emphasized that historically, video game stocks have traded less favorably in q4 versus the market. mel, back to you >> thanks josh lipton in san francisco. it sounds like a lot of headwind for video gamemakers how about electronic arts? >> this is very interesting to me in late july when the company reported they did talk about the effect of fortnite and online sales and that was disappointing and the stock sold off after that, and the stock just last week came down to, i think, we have a one-year chart and it was sitting on the one-year uptrend and we're thinking about it on the show and that was some interesting support, and then they pushed out battlefield 5 and now you have t

the same analyst at bank of america merrill lynch, busy day for him her cut t rating on activision blizzard to neutral from buy. the analystites increased competition from the popular video game fortnite. ry popular in my house. the price target now 77. the stock fell 2% to 72.10. lululemon's price target was a raised to $1 share at cowen. the analyst cites the company't sales mom and international expansion following its earnings report yesterday. the firm's ring on t stock is outperform. the stock rose 13% to $154.93. vmware was added to the top cks list at oppenheimer and it's upbeat on the plano execute on its price strategy. the stockell just a fracts.n to $153.tw >> ready, set, hike. the nfl doubles down on its digiltrategy to offset the persistent decline in tv rating. ♪ ♪ ♪ >>> consumer sentiment edged higher this month according to the late report from the university of michigan. consumers upbeat about the job prospects anduture incomes though there is growing concern about rising prices and higher interest rates. >> it is time n for our weekly market monitor who has a list of stoc

activision up 19% this year.your pocketbook, the s&p retail sector up 37% in 2018. new numbers on the holiday season today could keep the rally going. that's where we'll begin right now. let's bring in john kernen who says we have yet to reach retail euphoria a growth of 3.1% on the high end, growth of 5.6% at least as of today that's the high number. we had a really strong holiday season last year, what makes you think the euphoria isn't over yet going into this year's holiday season >> yeah, hi, thanks. we don't think it's over from an investor standpoint. i think sentiment is measured at this point you're seeing some stocks near all time highs like nike, lulu lemon, tjx, burrilington. we don't think sentiment and valuations are extended to a point that there's euphoria there. we think the holiday season is going to be strong the retail weekly sales numbers are better than any number we've seen in the last decade. physical traffic in stores is positive right now it's the first time we've seen that in a long tim

company's growth. .our dollars more to go goldman reiterating its by rating and $84 price tag on activision saying they should expect significant sales with call of duty. these are your top calls. >> jpmorgan downgrading five homebuilders about the home-building sector. here with more, peter jeffrey. they are just downgrading the group as a whole. >> they are. they are talking about good fundamentals, good leading indicators. solid job growth. a shortage of inventory in existing homes. jpmorgan points out looking ahead to the rest of this year how long can that keep up? the sentiment is flat. there are tepid times ahead. ist year homebuilders were of think it was 75%. four times the broader market. be take ins news may to the homebuilder shares. jpmorgan is warning about the impact on gross margins of order growth. things are looking dodgy. caroline: if the end dodgy. the worst week. they lost a quarter of its value since january. down from that date. is the data pointing in any clean direction? we had disappointing existing home sales yesterday. it is pointing in the direction of moderatio

activision blizzard, electronic arts not only are they going to grab all these names but they're going to grab your traditional media stocks here as well, so cbs, disney comes over and now this is what the major shakeup is netflix is going to be over here as well. you have alphabet, you have netflix, you have all these growthy names. this sort of gives you your tech base here. now, what does technology look like after we leave it apple goes from basically a 15 weighting to a 20% weighting in the consumer discretionary, amazon which used to be 27% weighting, 35 now. mcdonald's, nike, those seem obvious to leave in consumer discretionary. what doesn't seem obvious is why would this and this be together, centurylink and alphabet they wanted to get your traditional safety bets and your growthy names and your technology and your media and they wanted to make this a little more attractive i think that's going to be the main purpose of this, because you want to get people into that sector communication sector right now is going to be the fifth largest, so you're going to have a couple ahead o

>> my eports are so huge everything is coming their way i think activision blizzard.for the trust we'd love to buy it back please, take two equally as good. jim in florida. >> caller: good afternoon, cramer my name is -- i have happy belated labor day. i want the know about citigroup and how do i know what the book value is. >> look, i think they're doing a remarkable job i think they're buying back stock left and right no, it's the cheapest bank stop. my travel trust owns it. and that, ladies and gentlemen, the conclusion of the "lightning round" [ buzzer ] >> the "lightning round" is sponsored by td ameritrade really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. i love you, basement bathroom of solitude, but sometimes you stink. febreze air effects doesn't just mask, it clea

i wanted to bring the team to washington >> overwatch is the league that activision owns.driving things. part of the interesting part about this is it is based in cities like the nfl or nba and other things and that adds a unique character to it. >> yeah. traditionally e sports is a tournament format. last season was the first season it was played in one place next season will be too. and in 2020, it will be home and away amongst cities around the globe. that's the other thing about this and 13 teams in north america. and we will play each other. we will go to seoul. paris will come to washington. which i think makes it incredibly exciting. >> how many people -- >> what's overwatch? >> it's the league. >> it's the game it's the activision game >> but will it always be this game >> that is the question. >> then if you're a professional overwatch player, what happens if you aren't a professional at whatever is next >> you can't necessarily transition to the next game. >> football, you have a team >> there are games now with vibrant esports ecosystems they're all thriving the

the doctors have seen employees at julio, activision, snap and go pro.at google, apple or ibm. according to a new report, many companies are looking at other things. not just a diploma when evaluating potential employees. the report says a lot of tech companies are looking for candidates with experience or nontraditional education like coding. many retailers such as home depot and hotel chains like hilton are looking for on-the- job experience, not just a college degree. here's a look at your dollars and cents. >> thank you. rosanne says she will not be around when the spin off of her show premieres. the reason she says she will be seeking a little clarity in israel. a beloved mural is painted over and some residents say it's served as a source of pride for a neighborhood for 30 years. what san jose may do next to prevent this from happening again. n:3:3:3 >>> one person is in jail this morning after a high-speed chase. they try to pull over a ford focus about 11 last night on interstate 80 four speeding. a say the car did not stop and instead sped away

and finally, goldman reiterating its buy rating on an $84 price target on activision, saying the companyct significant sales for its new project, call of duty: black ops four. scarlet: let's go back to washington, because there are some fast-moving developments concerning brett kavanaugh. go back to kevin cirilli on capitol hill. what is the latest year when it comes to the president's comments regarding his supreme court nominee brett kavanaugh? kevin: i spoke with a staffer who is working with the senate judiciary committee. the latest is that there could to dr.xtended offer ford, which would allow for there to be some type of hearing on wednesday. according to this offer, as has been reported by other outlets choed by my source, the hearing would happen on wednesday and dr. ford would testify first, then judge kavanagh. questioned byd be an outside attorney. that is something that reportedly dr. ford's attorney says she is not willing to cooperate with, simply because she believes that she would like to have the members of the committee question her and she would also like to testify

among the names leading the group to the upside, facebook, netflix and video game makers, activisionres of viacom are higher by more than 3% after another analyst upgrade, citing momentum for media consolidation. the firm says viacom and cbs are next on deck for m & a i'll send it back down to you guys. >> leslie, thank you. >>> coming up later today, agriculture secretary sonny perdue will be on talking tariffs, the farm bill, subsidies, that's on 3:30 p.m. we will also have some post fed analys analysis. >>> when we come back, the billionaire entrepreneur owner of "the l.a. times" is with us the dow is up 51 "squawk alley" starts in a few moments. ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. the riskiest job. the consequences underwater can escalate quickly. the next thing i know, she swam off with the camera. it's like, hey, thats mine! i want t

. >> jorn was talking about activision blizzard. all the stocks coming out of the funk created by to fortnite. ea reports in a few weeks and high frere there. >> did you see the call by sun truss, lows buy? interesting call, 138 from 110. >> up number. >> have a great weekend. >> happy birthday. >> all of you as well. enjoy the weekend. power starts now >>> happy birthday, doc. i'm melissa lee. facebook face plan shares down about 3% right now the social media giant unkofrpg a security issue holding a briefing any moment from now details are straight heyde and tesla stock tang takings, the worst day in five years fl elon musk rolling the dice with the soek is tesla facing a life without elon the final trading day of the month andy decent september, nice rally will the bulls charge into the last quarter of the year we have the play book straight ahead. power lunch starts now >> and welcome, everybody to power lunch i'm tyler mathisen glad you could join us stocks erasing earlier losing posting modest gains as you see, very modest, ve

only activision blizzard would be another company to pull this off.rgins would expand. you wouldn't have the variability with boom bust cycles within product. we think there is significant upside in the stock at these prices. actually you have an opportunity to enter the price because they had a delay of one of their games. the stock took a hit. we think it's a good value in here. stuart: i have to ask, do you or your family or the firm, do you own electronic arts? >> yeah. you can rest assured we eat our own cooking here at the carson group. so i will own everything that my clients own and every single strategy. if we're short it, we're short it, if we're long, we're long, that includes myself personally in the company. stuart: got it. that is a fine market coverage if i may say so. ron carson, thank you very much. joel, gentlemen, all good stuff. some individual stocks making news, i have got their stock prices for you. comcast and fox are going to settle their 35 billion-dollar takeover battle for sky in a weekend auction. that will settle it. >>>