adobe is a wonderful company.rly double digits and have margins approaching 46%. it is a fantastic business. if you want to belong-term positive, i can understand why you want to. i think in the short run, some of the concerns we have about certainly what we mentioned earlier about ing artificial intelligence. that can seems to be getting kicked down the road a little bit which is again not a trend we really like to see. the other thing is adobe has been driving pricing changes in their core products for the last couple ever years. it's really helped their growth. we think going forward in the next two to three years, either they're, a, willingness, or, b driving the cloud is going to stunt their growth relative to what it was two or three careers ago. it also doesn't help margin expansion when you are not raising prices the way you were the last couple years. the other thing is i know adobe at least on valuation, on a valuation framework looks pretty attractive relative to its peers or relative to its history. ho

>> we have heard from two major software giants today, oracle and today adobe.of their guidances failed to live up to expectations and if we click on adobe, the street was expecting more from the management of how they are monetizing their ai tools and adobe announced their tools to help users and it's something they are hoping will lead on the ai front. we did not get that monetization strategy on the call last night. if i look at what ubs said, they said adobe is pushing the ai narrative and we still see no evidence of that. the second issue is pricing and they did not figure they could raise prices on all of his customers, and they are lowering the price target on shares of adobe. we have seen a huge rally on software stocks since the prospect of deregulation and more m&a and the stocks that had been benefiting are the stocks able to articulate how they are monetizing ai, and salesforce has been a huge winner in that space, so as docusign. >> chris, your thoughts on adobe? >> this is a great example of what we were just talking about with kevin, high expectat

caroline: check out shares of adobe.ly lower today after the company posted disappointing sales forecasts. rising competition from ai start ups. $30 billion has been wiped out of the market cap. cannot get this ai adoption to bear fruit. >> the question for every company has been, is ai going to be a tailwind or disrupt your business? the constant fear for adobe is these newer lightweight tools can come out and if you can generate something, will you need to pay for as many photoshop licenses? they are ping-pong the idea of whether it is a disruption or tailwind. having their own photo and video models. such a competitive market. folks are getting more anxious about adobe. caroline: the latest innovations from firefly in terms of video generations will take until 2025. how can they said the subscriptions will go higher? brody: what adobe has consistently said is right now we are optimizing. they have a reputation with their user base of charging a lot for things and they do not want to reinforce that. we are going to opt

but in they could convince wall street that adobe fit news the a.i.ent. partnering with balk's for enterprise customers. the street is expecting earnings of $4.66 this quarter on revenue of $5.5 billion. and results will be out and in the 4:00 p.m. eastern hour. >> seema mody, thank you very much for that. so, we'll have a closing high nor the nasdaq. not sure about the s&p. to about 6 1/2 points away from that as we try to get to 6,100. and we have ppi minute morning which is a better read toward what matters most to the fed and that is the pce. >> it is a much cleaner inference to what pce is going to be. i do think the numbers were somewhat reassuring and then we clear the hurdle. and and the nasdaq doubling in 4 1/2 years and the 10,000 in june of 2020, i looked up it is 17% annualized growth rate, that the annualized return over that 4 1/2 year period and that is the exactly return for last 15 years. so you're going back to 2009, just after the financial crisis low. it is a remarkable trend of an index that is sort of leveraged to kind of fastest

if you extrapolate that to what adobe is seeing, adobe saw an increase of $1 billion in revenue.t 1% increase in conversion rate merits the $1 billion increase in revenue. by marrying multiple sources, we can see the picture that consumers showed up, were choosy with their dollars, and turned to places like walmart because that is where the value is and where the breadth of merchandise is this season. caroline: coming up, the end of your rush for ev makers turning to china to meet their annual sales targets. that is next. this is "bloomberg technology." ♪ caroline: time for talking tech. five canadian publishers have sued openai for breaching copyright alleging the company scrapes content to train products. according to the openai spokesperson, it is trained on publicly available data grounded in fair use. in his latest court filing, elon musk repeated earlier claims openai broke its promise to him and abandoned its founding purpose as a charity when it accepted backing from microsoft in 2019. ceo is set to meet the thai prime minister on tuesday. the meeting comes after nvidia a

adobe predicts americans will spend just over $13 billion, up 6% from 2023.ri pardo prefers shopping on line instead of in store. >> i'm much more on line than i am in person nowadays. so i see the online sales quicker than in store. >> retailers are offering plenty of sales and deals. >> on cyber monday we're expecting prices and products to be as low as 30% discounted. >> reporter: eric matisoff from adobe says some of the biggest discounts will be for electronics and apparel. >> i think consumers are savvy. they're finding new ways to make purchase that provide them value while getting a good discount, as well. >> reporter: for many shoppers, that includes getting help from artificial intelligence. >> i use a.i. with the generators and stuff for ideas. so like that chatgpt -- >> reporter: chatgpt will offer a range of gift-giving possibilities. other platforms take shoppers direct to retail sites. >> we're seeing across all of our data, across every sector, that more and more people are finding websites through generative a.i. technology. >> reporter: whet

. >> that is fascinating you're more cautious on adobe and are ideosyncratic. >> gen a.i. is disrupting a lot of software segments and we think adobe is one of them and you're seeing the hyper scalers come rushing in there. they want to collapse the cost of creating content so we think adobe becomes more competitive and for service we're neutral but you have 15 to 20% of revenues coming from government spend and next year we want to be more on the enterprise and the government of efficiency in the u.s. and political uncertain in german, france and the u.k. and so we're cautious there as well. >> maybe a great way to be that, would be sort of the stock to -- i hate to use the term go short, but on doge and on global disruption would make a player like that depending on the contracts. that is really interesting and snowflake, they've been in the news because of the cybersecurity issues you still think that is a high growth story >> yeah, absolutely. so we upgraded snowflake and shopify this year as we went down the risk curve looking for some of the high growth names out of

ship to have you, federal express much more costly. >> important warning monday after thanksgiving adobelion people planning to shop today cyber monday deals around cyber monday sales expected to hit 13 a quarter billion dollars up 6.1% from last year, what about cyber monday how important is today? >> well biggest day left, until you get to super saturday, saturday before christmas itself a big day kind of a big, calling cyberday people start shopping online on thanksgiving day, that is a big day, black friday big, saturday, monday, last chances for the deals, after this we go into a slump retailers waiting for consumers to come back a calm before the storm when people revises christmas almost here rush to apply product this is biggest day left for a couple weeks for retailers a big detail for purchase of electronics always outside cyber monday. >> electronics probably getting a bike share of spending. great to catch up worried economy was slowing people putting on credit cards do you still have that person. >> i think big concern only way could could better than 3% i am talking about i

and in between we talked about adobe. we talked with the adobe ceo. that stock is lower in bank exp to cut, ecb expected to cut. that does it for us here at "overtime." >> "fast money" starts now. >>> live from the nasdaq market site on another rod-breaking day, this is "fast money." here's what's on tap tonight. a major milestone for the nasdaq, topping the 20,000 market for the first time. doubling in the last four years. can anything stop this rally? we'll debate that. >>> plus, mining for opportunities. we'll travel to the far reaches of canada for a look at the world's largest uranium miner. what they are going on underground and how they've positioned itself as a big winner the space. >>> and later, ro inking a deal with eli lilly. we'll talk to the ceo about the deal. i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start off with that big round number for the nasdaq. the index closing above 20,000 for the first time ever. today's nearly 2% move co

adobe and salesforce tell us how big these days end up being.he october amazon prime days and other retailers glom on and do their own early black friday days pull some sales forward for the season, but it doesn't necessarily take away the significant amount from a day like cyber monday. it is still marked on consumers' calendar. it is a really important day for folks to shop. >> the last of the big five days. courtney reagan, great to see you. thank you very much. let's talk more about the holiday shopping is stacey widlitz. stacey, good morning. hope you had a good holiday. >> good morning. i hope you did as well. happy cyber monday. it is all happening today. >> it is an official holiday for courtney and you as well. >> it absolutely is. >> it absolutely is. let's talk about black friday. sales almost $11 billion. what does that sneen mean with consumers spending so much on black friday? >> here is the really interesting part. you are seeing deals out there. 40% off victoria's secret. that drove consumers in. on a year over year businesses on

happy almost weekend >> right back at you. >> caller: my stocks are adobe, abercrombie and fitch, exxons pick is home depot. >> these are nice. these are nice stores. your nice store, home depot which was up very big told we told people in the charity trust, buy that and it has been dead right amazon is my favorite retailer but it is also web services so i'm not going to say that. and the amazon advertising business is doing quite well and abercrombie. this is fashion and this is home this trades with the home companies. it does not trade with the fashion companies. of course, right and this is not taser, but axon is what i regard as police work papers it is the equivalent of like all sorts of stuff involving justice. let's put it that way. and then adobe which reports next week which is software that makes you create and i could argue -- i'm going to let this go and i'm going to let it go because even one has a niche and it is ashame to sell adobe ahead of what i think is going to be a decent quarter. >> coming up, cramer takes your calls an the sky is the limit. it is a fast fire "lig

adobe compared to palantir that has exploded because of the ai opportunity. denny: that is where we are at. we have seen the narrowing in the semiconductor ecosystem in terms of the winners as we look at picks and shovels and that is to be expected. every time there is a theme like this you get a rising tide lifts all boats and you get a narrowing of it. that is what we will see across the rest of the tech ecosystem including software in 2025. as you said we will separate the wheat from the chaff. companies having meaningful conversations with ai will get higher multiples and their growth will accelerate and it will be good news. there will be companies that are clearly struggling to get to the right side of time as you mentioned an adobe is an interesting case study because it has been a heavily debated stopping the investment community for the last couple of years as investors have gone from adobe being on the right side of time as it relates to ai to potentially being on the wrong side. . caroline: many trying to pass the right or wrong side of the next ad

i said well, adobe, adobe has gotten killed. i think that's silly.on't know why adobe has gotten killed. great cash flow. great cash on the balance sheet and look there's a smaller one that's pulled back 15% was valmount. i own both the stocks but i like to buy stuff when it's out of favor and when it's getting pounded down. i think unreasonably. that's what i think you have to do kelly going forward. stock by stock. i think this next year is going to be a real stock pickers market. >> you remember ron, when you and i were young pups. >> no i don't, actually. >> actually don't really. but in the late 90s there were back to back years where we had 20%. >> yeah. >> you do not see that in the cards for next year. >> no, i think for the rest of this year the market will do what the market will do. i think 2025 is going to be far more challenging than anybody currently assumes. given the policy on certainties. when you take the individual policies the trump administration is proposing. the incoming trump administration at face value. assuming they're goin

shares of adobe up over .50%. we're back after this. get with any sportsbook. ohhh! the highs! no, no, no. the no, no, noooos - oooooooo! the oh, oh, ohhhhs! now whatcha wanna do with this? but the feeling that, no matter what, you're taken care of. ohhh, i just earned a hotel suite! hee! you only get that here. at the sportsbook born in vegas, where they know how to treat you right. who you talking to jamie foxx? bonus bets. exclusive offers. real world rewards. betmgm. download and bet today. what if your mobile network wasn't just built to work out here... ...but was designed differently to also give you blazing fast wifi where you are most of the time? reliable 5g, plus wifi speeds up to a gig where you need it most. xfinity mobile. xfinity internet customers, ask how to get a free 5g phone and a second unlimited line free for a year. ♪ ♪ ♪ something has changed within me ♪ ♪ something is not the same ♪ ♪ ♪ ♪ it's time to try defying gravity ♪ we would love for you to be our elphaba. we want you to be our glinda the good. ♪ ♪ >>> we

adobe says it tracked more than a trillion online deals today to get its statistics. they say at our peak, we spent just north of $15 million a minute today. scott budman, nbc, bay area news. thank you scott. charting a new path following the tragic death of their boss. we introduce you to some oakland bakers now fulfilling a vision and working to move the east bay forward. plus, firing dozens of lecturers at san francisco state is making moves amid budget cuts and declining enrollment. i'm chief meteorologist jeff ranieri. numbers are dropping right now. 58 and pleasanton will be to 49 at 10 p.m. we'll show you what's ahead for this week. and if you're doing any traveling, we'll get a look at that forecast as well. i'm back in about eight minutes. tonight the fates of two american hostages held in gaza have been revealed. also, we look at the cost of childbirth and how high insurance deductibles can easily leave families in debt. we've got important tips when we it is inevitable. chloe! hey dad. they will grow up. [cheering] silly face, ready? discover who they are.

adobe analytics, que rastrea las compras en línea, anticipa que los consumidores gastarán un récord defísica, maquillaje y cuidado de la piel. yo soy silvana henao y ese es tu informe cnbc para telemundo. fue un sunday night football complicado para los san francisco 49ers, pues además de la derrota ante los bills, se encontraron con esto en buffalo. condiciones realmente extremas. las que tuvo el equipo rojo dorado. por solo decirles que la sensación térmica era menor a los 20 grados fahrenheit y que incluso los aficionados de los bills ayudaron a remover la nieve de los asientos para poder disfrutar del partido en donde, bueno, lo saben, el equipo de kyle shanahan cayó derrotado. 35 10. luego, antes de la patada inicial, tuvo este escenario el emparrillado. pero luego obviamente fue totalmente blanco y lo positivo, nosotros estuvimos presentes en drive city, enfrente del chase center anoche para disfrutar del sunday night football con losieles de la bahía que dijeron presentes en un evento organizado junto a nbc sports, bay area y nbc bay area, repartimos incluso premios y hubo mucho

segÚn adobe analytics.ue lo que muchos no saben es que cuando hacemos ese clic y compramos algo, tambiÉn esto genera dopamina en el cerebro. >> y obviamente eso tambiÉn se convierte en un comportamiento tal vez adictivo. >> miriam claro, y no queremos llegar a eso, porque al final del dÍa lo que va a afectar es el bolsillo, esa tarjeta. vamos a ver un nÚmero mayor del que planificamos. >> bueno, cuÉntanos algunos consejos para protegernos tambiÉn de esas estafas. >> es muy buena pregunta, porque justamente el comisiÓn federal de comercio dice que las personas perdieron mÁs de 10 mil millones de dÓlares por fraude y estafas el aÑo pasado en 2023. asÍ que por eso piden tener mucho cuidado hoy con anuncios engaÑosos y sitios web falsos. lo mejor es siempre comprar de un lugar confiable, y si estamos en una pÁgina desconocida, lo mejor es buscar algunas reseÑas para asegurarnos de que todo estÁ bien. por otro lado, recuerdan comprar de manera inteligente, comparar precios, usar tarjetas de crÉdito, no de dÉbito

in fact, adobe thinks 60% of online sales today will be made through a mobile.ound spending on boxing day, so it's really important for retailers to think about how they can capitalise on this sort of second wave of spending after christmas. i will definitely scroll - because i'm always scrolling. he said i've got on first name terms with the delivery guy. i well, since covid, isn't it, everyone just does it online now, so... i can't be bothered going outside. it's too busy! barely bought a single christmas present in the shops. i bought it all online this year. have you? the only time i come shopping is when i need inspiration. yeah, that's why we're here today. but there are still plenty of shoppers keen to spend in person. i think because you've been in on christmas day and that, and it's been busy, i'd just like to go out there and have a little. . . little escape. the husbands and partners watch football. 0h! so it's a sports day, so it's girls to go out. ok, so that's your little escape. that's it. getting out to the shops. yeah. last year i was heavily pr

joining me now live is taylor schreiner, senior director at adobe digital insights.hank you so much, taylor, for being here. so the peak time, it's just about here. how much are people expected to spend over these next two hours? >> in just a few minutes i'm expecting consumers to pick up their phones, pick up their computers and realize it's december 2nd and there's only a few more days before christmas and the holidays, and they're going to spend almost $16 million a minute as they pick up presents and gifts and stuff for themselves, headed into the holidays. >> okay, wait, you said $16 million a minute, a minute. >> that's right. $16 million a minute. >> that is incredible. what is it about this? 8 to 10 p.m. time frame for cyber spending? cyber monday spending? >> well, nowadays everyone has their phone and they are all shopping on their mobile devices. and so this is the moment when you're home and you are ready to sit down and sit in front of the big screen and pull up the little screen and remember all the gifts that you are supposed to get, gifts that you are

adobe says black friday online sales totaled nearly $11 billion, that's up more than 10% from a yeary, and appliances helped drive that growth. adobe predicts online sales on cyber monday will be even bigger than friday's. >>> tonight, we have two important recalls to tell you about. sun fed produce is recalling whole fresh american cucumbers because of possible salmonella contamination. at least 68 people have become sick, 18 hospitalized. the cucumbers were grown in mexico and sold in at least 26 states between october 12th and november 26th and more than 10,000 cartons of organic eggs sold at costco are being recalled also because of potential salmonella contamination. they were sold under the kirkland signature brand in five states in the south. there are no reported illnesses linked to the eggs. >>> when we come back, the movie that beat expectations, earning twice what was predicted at the box office. box office. for people who feel limited by the unpredictability of generalized myasthenia gravis, season to season, ultomiris is continuous symptom control, with improvement in ac

the research group adobe digital insights says 8 to 10 p.m.he peak time to shop, which averaged nearly $16 million in sales per minute. >> it's going to be a fast and furious end to the holiday season as consumers head in toward christmas. but again, we're breaking records daily right now, and we expect that to continue as we head toward christmas. >> adobe digital insights says toys, electronics, home goods, self-care and beauty categories are among the key drivers of holiday spending so far. adobe also says shoppers are buying higher ticket items this season, including premium versions of products ranging from electronics to appliances. >> elon musk's space x is reportedly in talks to allow insiders to sell some of their shares in the company. according to bloomberg, the sale could raise the value of the aerospace company to $350 billion. the sale of insider shares would come as musk is developing close ties to president elect donald trump. shares of musk's electric vehicle company have increased more than 40% since the election. >> tonight,

adobe thinks that electronics are going to have the best discount of the year potentially today.an necessarily at other times of the year you won't get good prices or an equivalent prices. >> courtney reagan. home depot is among my next guest's top retail bikes. a buy rate, 466 price target. it's one of the safest to own around this time of year and has done well between black friday and the end of the calendar year. mike baker and d.a. analyst. >> happy to be here. >> a t of people don't have conviction on home depot, we see the housing market in this frozen state. >> we like it for 2025 because we do think that rates are going to come down. and home depot does well in that kind of environment. we think housing is bouncing along the bottoms, and should get better. we also like it in the short-term. one of our calls is that retail typically does not do well this time of the year. in fact, in ten of the last fourteen years, the xrt has under performed the market from black friday to year end. it's too much risk this time of year. there are names that do well this time of year in o

adobe is three days a week now.trying to sub lease 150,000 of that 300,000 above me. >> i don't have questions. sounds good. you can have a seat. we will open to public comment and then see where we go fromy@ there. >> no public comment. >> closing public comment. any discussion before we entertain motions ? sounds good to me. >> yes. >> yes. >> alright. do we have a motion. >> i move approval of with staff recommendations. >> i second. >> president bleiman. >> i. >> commissioner tkaeufrs. >> i. >> commissioner pogue yo. >> i. >> skpheugser schlander. >> i. >> commissioner thomas. >> i. >> all set approved and we can move onto the next permit. >> the next permit is place for entertainment legacy north beach bar at 1326 grant avenue. they have a poe with our office with restricted entertainment hours. the owners went through a planning office to host amplified entertainment indoors until 1:30 a.m. daily. now it's approved they're before you tonight to amend the poe permit with the same hours. they're seeking ability

retail front and center after sales estimates from adobe, mastercard, shopify come in positive for theoday a big day for online shopping, and long time tesla bearer, roth capital upgraded the stock to buy. meanwhile, stifel raises its price target by more than $100 to $411 per share. a lot of capitulation. >> isms and construction spending with rick santelli. hey, rick. >> indeed, construction spending for the month of october expected to be up a couple of tenths of a percent. it's coming in double expectations, up .4 of a percent. and that follows at least right now unrevised up .1 last month. this makes this number the best month- month-over-month positive change going into april this year. ism, manufacturing for the month of november. 48. 48.4, interesting number. better than anticipated, sequentially higher, the best since june. still the eighth consecutive number under 50. if we look at prices paid, it is over 50 at 50.3. it is much lower than expectations, which in prices paid is a good thing. 50.3 is the lightest level. just going back to september when it was 48.3, and that's q

. >>> the data is in for cyber monday according to adobe analytics, shoppers spent $13 billion online yesterday that is ahead of the forecast of $13.2 billion. last minute deals and buy now pay later options helped drive that one-day surge >>> another loss for tesla ceo elon musk. a delaware judge again striking down musk's 2018 pay package ruling he improperly influenced the board when it adopted the plan six years ago this is the second time the now $56 billion pay package has been rejected, frank. >> i want to go back to the blaubz black friday story we have to disclose. did you shop >> other people. i shopped a little bit. >> just a little bit it's me and you. we spent $13 billion. >> that's right. >> silvana, thank you very much. >>> turning back to the markets. u.s. stocks coming off a mostly positive start to december with the s&p and nasdaq closing at record highs it was the 54th of the year for the s&p. those gains from the mag seven, mainly meta and tesla gaining 3% joining me now is janet mui at rbc brewin dolphin. >> good morning, frank >> i want to ask you, i think this i

adobe shares fall on weak guidance. adobe is the biggest drag on the s&p ahead of the open.issuing weak guidance for the year and cautious consumer spending. shares down more than 5%. the world's richest person making history. elon musk's net worth has reached $40 4 0$400 billion. his wealth getting a bump from the insider share sale from privately held spacex. and meta donates $1 million to the trump fund after mark zuckerberg met with the president-elect after years of tense relations. trump is expected to ring the opening bell at the new york stock exchange today. >>> the nasdaq coming off the milestone crossing 20,000 for the first time ever. the futures are in the red. similar picture right now. the s&p down just about ten points. nasdaq down 5 points right now. let's bring in courtney garcia. courtney, good morning. good to see you. >> good morning , thanks for having me, frank. >> what should we make of the big board after crossing that milestone? that is a sign of bullish in the market. >> it is just that. when you have such a huge surge in the markets all year here

but many say they all re evaluating that designation of the adobe use political correspondent, julia sally told us more about what the german government is trying to achieve. so this was the 1st time that german diplomats were back in the mask of since 2012 since the civil war in the country kicked off and they were, they're speaking to as you said, representatives of, of the transitional government to discuss how this transition can unfold a peacefully for syria, they said that the focus of the talks was on ensuring that the rights of minorities and the women especially are guaranteed in this transition in syria. they said the meeting also included talks with representatives of civil society and religious minorities. and they said they also inspected the building of the german embassy, which has been sitting empty in damascus since 2012. but we've also also heard from the german 4 ministry that it says it is aware of the origins ups that it's origins are grounded in. okay to, i'll kind of ideology and they say they're keeping a close eye on. wow, the group is going to act and, and,

adobe gets a lot of credit. >> i remember them telling me, come to salt lake city, jim. i did not know. >> he just brought hockey to town. and goldman banking, industrial banking, and goldman's got a few thousand employees there now. >> great work. >> not to mention the olympic names. not just 20 years ago, but coming up in ten years. >> i love that city. it's just fantastic, what's happening. >> yeah. >> it's interesting how some of these western cities are making a run at things that california has historically done well. >> look at how you tax too much, you get to salt lake city. >> look forward to hearing more about it tonight, 10:00 p.m. eastern time. >> take a quick break here, an all-time high on the nasdaq, although down is down 140. don't go anywhere. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language

adobe, the biggest laggard on the s&p 500.u how this stock is impacting the broader software trade after this break. [alarm beep] you make it through security so fast, ♪♪ the agents applaud. your travel itineraries are so well written, they're on the best seller list. and you have access to lounges that don't officially exist. that's why you rent with national, where you can skip the counter and choose any vehicle on the emerald aisle. because travel isn't a competition. except that it is. and you're winning. gina costa... looking simply stunning... what's this? she's opening her fidelity app.... to buy that stock... with no fees or commissions... because what does gina got? gina's got the look. that never gets old. talk about easier investing. >>> let's get a look at the stocks we are watching. >> let's look at adobe. weak fourth quarter revenue guidance. concern how much skin did has in the ai game. that's contributing to the underperformance. downgraded it from low to buy. lowering from $625 to $550 a share, saying manageme

adobe says, there will be deep discounts on electronics and apparel. the u.s. that is down from the 3% growth from the previous quarter, but still a sign the economy remains strong. however, a separate report which measures prices shows inflation increased last month. millions of people driving home from their holiday destination can be thankful for lower prices at the gas pump. according to aaa, the national average is down a little from last month and about $.15-$.20 less than a year ago. and those are some of the week's top consumer stories. cbs news, los angeles. >>> coming up and the first alert forecast, we are going to be talking about our chance of a few drops of rain tomorrow and we will be hyper focused on local. but buffalo is kind of local tomorrow considering the niners are playing there. you have no doubt heard there is quite a lot of snow there . how much more snow might be falling during the game tomorrow. what about wind chill? how cold is it going to feel there for (♪♪) imagine checking your own heart with medical precision from anywhere. intr

speaking of future you can enter the world of augmented reality created we adobe in a phone stand under which of the store we call that the tree ar experience a great opportunity to do something completely different that will take you to the future with a immersion of an experience? incredible. in addition to the culture and ar contribution japantown hosted festivities and events throughout the year some are the cheri blossom festival. and after dark japantown comes life with night clubs and or joy serene moments through the illuminated part and san francisco is japantown an engaging community that likewise people to experience japanese culture with food and exciting events and japantown is a must see for any visitor to san this is a 25 year lease, with

adobe down

. >> adobe, tell me about the quarter? >> let's use the moment. >> you would from double digits to single digits. a lot of negative commentary. >> on the heels of oracle, people are calling it the second guest. >> and by the way, we did sell stock. old options. mostly for charity. and we are seeing insider selling. it is noticeable. chewy head insider selling. with a 10% buy back of the sale . >> i want people to keep an eye on the insider sales. >> history for the president elect. it is not his first time in the building by a long shot. he was here for the listing of trump hotels back in 1995. >> shot some elements of the apprentice in this building back in 2004. >> i was a judge on the apprentice. we spent a lot of time talking about the stock market. and i enjoyed my time as a judge . he was involved with trying to understand will creation. that is what they talked about. and there is the nondisclosure about being an apprentice judge. but the man is fascinated by the stock market. as fascinated as the current president

adobe analytics, which tracks online shopping, expects consumers spent a record $13.2 billion.ast year. that would make it the scenes's and year's biggest ever shopping day for ecommerce. >>> another record number at our airports. tsa said monday they handled 3.09 million travelers on sunday as families headed home after thanksgiving. that breaks the previous record by about 74,000. and that's your "cbs moneywatch" report for this tuesday morning. i'm carissa lawson, cbs news, new york. >>> up next, elton john's health battle. the legendary singer reveals new details about his vision. your moments are worth protecting against rsv. rsv is a highly contagious virus if you're 60 or older with certain chronic conditions, you're at higher risk of being hospitalized from rsv. and there are no prescription rsv treatments. you know how to protect against covid and flu. so ask your pharmacist or doctor about scheduling pfizer's rsv vaccine, too. because moments like these matter. life, diabetes, there's no slowing down. each day is a unique blend of people to see and things to do. that'

adobe says online sales on black friday were nearly $11 billion. that is up more than 10% from just last year. they also say today's online sales will be bigger than black friday. and we have two important recalls to tell you about some fed produce is recalling whole fresh american cucumbers because of possible salmonella contamination. >> at least 18 people have been hospitalized. the cucumbers were sold in at least 26 states, and more than 10,000 cartons of organic eggs are being recalled. also, because of potential salmonella contamination. they were sold at costco in five states in the south. so far, no illnesses have been reported, and scientists are sounding the alarm on some of the plastic items most of us use every single day. >> they say we could be endangering our health by repeatedly reusing those containers that are only meant to be a one time only use. abc's alison kosik has the details. >> thinking of refilling that plastic water bottle you bought from the convenience store, or reusing the takeout container from last night's dinner. r

. >> according to adobe.spending is expected to peak between the hours of eight and 10:00 tonight. so let's find out how you can avoid being a victim. chris wingfield is senior vice president of cyber threat intelligence at 360 privacy. thanks so much for joining us. i don't know about you, but i have been overwhelmed. the last few days with so many holiday emails and i, like others, i want to get through this holiday season fraud free. so. so how do we spot those scams? >> yeah, that's a great question and thank you both for having me. you know, it's reported that there was at least $11 billion spent on black friday alone. sales force said maybe up to 17 billion. so $14 billion is in the works. their threat actors care about time and resources. so they're going to put a lot more time and resources towards some time where there's this much money in the works. so i like to tell my clients trust but verify and always think before you click. if you're getting emails, you know, a lot of these emails are scams rig

adobe analytics saying black friday sales rose over 5% from 2023. going online on black friday, leading to a record $10.8 billion in online sales. >> i may go home now and finish shopping. >> and our thanks to lynda baquero for that report. >>> mcdonald's popular mcrib is back. starting today you can get the mcrib at select u.s. locations for a limited time only. they were offering half-gallon jugs of mcrib sauce. they're already sold out. mcdonald's is looking to boost sales after an e. coli outbreak linked to quarter onions. >>> kaylee hartung will take us behind the scenes at the team that creates the festive chchristmas corations. you don't want to miss it. you'll understand why so many hundreds of thousands of people come to see it this time each ews on the way. >>> the fallout continues after president biden issued a sweeping pardon of his

adobe analytics says holiday buyers also spent a record amount of money online, but for some people,ting out to the stores was half the fun. >> a lot of places have like, really good deals online, but we i went out on black friday for the experience. >> it's a lot more fun to go in person and see all the people and try to like, go into stores and get in line rather than have to waiting for shipping credit card company mastercard reports that while in-store sales increased by less than 1% on black friday, online sales surged by over 14% from last year. >> governor newsom, making good on his pledge to quote trump proof california what lawmakers hope to achieve with the special legislative session that kicked off today in sacramento. and reaction to president biden's decision to pardon his son, hunter is coming in from both sides of the aisle. what political expert says about the decision and why it may further erode trust in government. and trump's pick for director of health and human services wants to change what americans eat. coming up, what americans diet could look l e under the

adobe analytics record $6.5 million on thanksgiving day. that is nearly 9% more than last year. >> and you can expect more of the same on cyber monday. oddly enough, what might help fuel the holiday shopping for your friends and family is the same thing but may also have caused them to have some tough conversations at the things giving dinnertable. >> what actually happens for christmas shopping, if there is a major election, primarily a presidential election, that prevents people from thinking about the christmas season early. and so once the election happens, usually you are behind in your sales and then all the sudden the floodgates open up. >> according to the national retail federation, 2.5 to 3.5% more than last year. in san francisco, we saw people enjoying their weekend at union square. many were holiday shopping, looking to snag some deals. >> many tell us they have made it a tradition to stop by union square. >> this is now our third year coming and staying. there is something about this time of year where it is kind of magical. r

adobe analytics says people spent nearly $11 billion friday.ar. and number seven, the wonderful world of disney. holiday spectacular airs tonight at 8:00 right here on abc seven. it streams tomorrow on hulu and disney plus. disney is the parent company of hulu and abc seven, and i've been talking about it in the studio and in the newsroom for forever. but i'm going to disney world this week, so i'm super excited. i'm excited to watch that and to be there in person. >> yeah, disney world, that's a big deal. >> yeah, it is a big deal. but yeah, i still have things to pack and i'm leaving after the shows today after our 9 a.m. newscast. yes, i got plenty to do, but it's going to be fun. yeah. for sure. a lot of people traveling this weekend, so we thank you so much for joining us. i'm zach fuentes along with lisa argen. abc seven news is going to continue at nine. then i'll go on my trip for right now. have a great day. >> whit: good morning, america. bitter blast. up to 6 feet of lake-effect snow creating hazardous driving conditions as americans

steve. adobe sat and see her death on that day was predestined to my boss. and everything turned out the way it was supposed to take. we'll see if i'm talking to the guru and i can accompany her soul to a place where she will find pieces to get us back now, back or data on the road on delivery. typically because they love that go on alone. now the thing is, i know some people that, oh because you've done a good job down to one of our iniquity to look wow, well, i'll teach you everything i know until you have enough experience to become a google yourself. what is the novice has good value on the here you have a today, my guru has told me about how soon be able to perform the death ritual on my own. i am on that, but i still have a lot to learn your call. do my best, do you have wisdom? what am i to come to you have to do so you can you relate to the heavy equipment on his back dentist, 10 seen hikes, up to the remote mountain villages. the low to the dentist fill out the new eco shovel. i worked in a public hospital for 6 years because it gave me this sort of

that's according to adobe analytics.y shoppers are choosing the buy now, pay later option, accounting for more than $686 million in online sales. state lawmakers are expected to talk sports tomorrow. they'll be championing a legacy and will learn about a push by legislators to get a raiders legend inducted into the pro football hall of fame. plus, heading live outside where we are enjoying some unseasonably warm weather. we'll find out how long it will all last. ahead in the accuweather forecast. >> so what's the opposite of that picture in buffalo, new york? it is way different out there. warm and cozy here. oh it's frightful. a buffalo blizzard. niners are playing in that. we've got an update on what's going on. some of the sc no! leonidas. no, no, no, no! ikea? ikea! shop a more convenient ikea with affordable delivery options and more. they get here thursday. (♪) and the ohio state university, $100,000 each. after players from both teams had a postgame brawl on the field. after yesterday's game. it was one of several

we did get some big stock declines after financial results from oracle and adobe. but there was also a big gain for broadcom. so to me it's not a clear trend there. alphabet had a huge week. that was after announcing a quantum computing breakthrough. and we got some inline inflation numbers. that makes a rate cut from the fed seem likely in the week ahead. >> i think actually traders are pricing in somewhere in the 97% odds for a rate cut. but keep in mind we're going to get that cut and then we'll probably be on pause for a bit. >> let's go back to the quantum thing, jack. that's been a red hot area. >> this was an embarrassing week to be a supercomputer. google said it has a new chip called willow that can perform this benchmark calculation in less than five minutes. that would take today's fastest supercomputers length of time longer than the age of the universe. that is a dunk in your face supercomputers. so one day, these types of quantum computers like willow could could lead to drug breakthroughs. or maybe they'll lead to battles over data encryption. but fo

is going to, you know, uh, the not on the well, the only simple but yeah, lovely moist, street, se, adobe opal which i know that i need more of the day. not the least the neg way. it was style with the longer skiing, but our come cut us, so say nearby we a pretty at the on the snow associated. i mean we shall be honest. you guys should i be or not the putting that we'll guide square you in your study. there's new, you got us, so it often we start on the on does i think we've still got emotional little toys. but the research we conducted points to differences in the information provided by the defendants about the relatives, such as burst here, and the way their loved ones were taken to their death. according to the testimony of his descendants, ruckel guy, which was born and 1925. however, according to the prisoner records kept by the germans, bronco was registered as being born and 1923. the others, if they chose to attend the logo and meet the advice that you manage and that says like why women law 90 to a could hear people that we had to add those meetings together. simply go to the, t

>> there is an undercurrent of adobe which is that they raise price too much.tandard . with the gold standard may not be as necessary because of the way we do advertising. not as good but so cheap. oracle, i think oracle did this to themselves. they kept saying how great things were. and when they came out, it will come back but not yet. >> the maker of power transmission products. 125 years at the nasdaq logistics company ch robinson. potential tariffs. the president-elect with the post. >> unbelievably good call. a lot of people in transportation, it is a joy because they can tend to be closemouthed. >> interesting to say. trump said he knew a lot a this case, seemed to be siding with labor. >> the traditional republicans would say the big problem is that we can't automate like rotterdam where they have three people. it's not like that. and it is not like that typically because these are so powerful. but a republican would come in and we would try to figure out how to change this. but they won't do that. it is a very contrary position. the president, people s