amd's tech the halls gaming package. [ cheers and applause ] ♪ >> steve: amd's tech the halls gamingphics card, which also includes a copy of the new battlefield 4 game. as well as an amd game bundle which lets you choose three free pc games and an hd envy touchsmart 15 notebook pc. not to mention a $500 newegg.com gift card towards the purchase of a playstation four, the xbox one or nintendo wii u. all of which are powered by amd, jimmy! [ cheers and applause ] >> jimmy: that is insane! that's unbelievable! you get a graphics card, a computer and a giftcard towards any of the 3 best gaming consoles. a playstation four, an xbox one, or an nintendo wii u, wow. enjoy your amd tech the halls game package. [ cheers and applause ] we'll be right back with "thank you notes!" ♪ ♪ music plays ♪ music plays ♪ music plays the making of a bombshell starring new bombshell volume with the bombshell boost system. extreme volume meets intensifying topcoat and tada. 10 times more noticeable lashes. new bombshell from easy, breezy, beautiful covergirl. at subway! [ male announcer ] where january is n

>> amd is plunging about 11% in the after-hours trades. the chipmakers beat earning estimates by a penny. the company seeing double-digit declines in the first quarter that will fall below estimates. the outlook for revenue, not so good. that's why the shares are taking a hit, melissa. back over to you. >> double-digit revenue decli declines. and the stock has been a monster over the past 12 months. up 70%. prior to today's decline in the after-hours. >> there's been a lot of hope for amd. a lot of love. a lot of things. moving intel i think helped amd. >> console business. >> but what it keeps coming down to, you can look and go back probably 12 years, every meaningful rally at amd has been an opportunity to sell it. and it seems to be coming to fruition once again. i don't think you get shorted here. i don't think you buy here. you watch it go into continued oblivion. >> you're playing around with a $4 number on a shock that has a 20% short interest. all of the news can be negative. and you can get your face ripped off, literally, in a n

jo, give us earnings and we'll come back to wayne. >> we have a beat on eps for amd coming in at sixthe five cents the street was expecting and revenue coming in $1.59, which is a beat of 1.54 we were expecting. looking at the report, quarter one amd expects revenue to decrease 16% plus or minus 3% a margin of error quarter to quarter or sequentially. they're expecting a 16% decrease in quarter to quarter in terms of revenue. david: as you can see it is trading down add hours. ending the day at 4.17. the bid at $3.86. wayne, this is sort of tied into what you were talking about with regard to growth and you really stimulated the conversation by saying that the fed, if they have done anything they have really kept growth back. in what way has the policy retarded growth in this country? >> basically comes from what i call fed arrogance. to have the arrogance to believe that they believe they could manage interest rates better than the market just doesn't make any sense. the fed should tell the market what it wants to do. by the way, year-over-year rate of change, median or metal commod

[closing bell ringing] amd down 10%. >> amd a big loser, and coach came under pressure, dave.ls ringing on wall street. we have to get used to this where we see downward movement on the dow. the other indices are on the up swing. even s&p was up a tick. it was up compared to 38-point loss on the dow. ibm really dragging down the whole index. ibm had a lot to do why you see red on the dow jones. s&p is up. nasdaq is up more significantly. almost up a half a percentage and russell 2000 small and mid-sized caps there we have a busy hour with earnings. netflix is coming. liz claman from davos. "after the bell" starts right now.

we have the fewest parks and the smallest parks amd all of the city and public space is important. as we look at the number of boxes that are being put throughout the south of market area we have a lot of concerns from our tenants and particularly a lot of our disabled and senior tenants. of course we have concerns about some of those that are allocated in our youth and family special youth district in western sylmar like the areas of carmichael and multi-recreational park. on top of that we do have very narrow sidewalks and some of the highest collision rates for pedestrians and cyclist. in addition we have heard from sfpd located in our neighborhood that are worried about i level barriers when they are scoping out illegal activities. we have concerns from our constituents about defecation, urination, to vandalism as we increase street furniture throughout the committee. i'm really interested in how the process has gone thus far. i did vote against the certification of the eir a year ago but my concerns are whether the environmental views are adequate at that period impact on the

check out shares of advance microdevices, amd. the stock is down double digits in very heavy trading after the chip maker forecasted a bigger than expected fall in quarterly sales. this due to weak pc sales and a drop from revenue in gaming consoles after a strong holiday season. as a result, the capital markets cut their price targets on amd shares. so one of the bigger losers in today's session. back over to you. >> thank you very much. to kick off the year-long celebration of cnbc's 25th anniversary, we today unveil a list of the 200 most influential businesspeople of the past 25 years. over the next few months we will narrow that list to the 25 ultimates, the definitives. we did our own noodling to come up with that first cut of 200. we also assembled a three person blue ribbon advisory board to help us narrow and also expand our list of final contenders. the board included hermania navara, who added a global dimension for us. jeff sonnenfeld, and paul stieger, long time managing editor of the "wall street journal" and chairma

[closing bell ringing] amd down 10%. >> amd a big loser, and coach came under pressure, dave. david: another mixed day as we listen to bells ringing on wall street. we have to get used to this where we see downward movement on the dow. the other indices are on the up swing. even s&p was up a tick. it was up compared to 38-point loss on the dow. ibm really dragging down the whole index. ibm had a lot to do why you see red on the dow jones. s&p is up. nasdaq is up more significantly. almost up a half a percentage and russell 2000 small and mid-sized caps there we have a busy hour with earnings. netflix is coming. liz claman from davos. "after the bell" starts right now. david: very busy hour for you this hour. major earnings hit the tape including net giants, ebay, netflix. we'll hear raymond james financial. their earnings come out. we'll talk exclusively to their ceo, paul reilly right here. also the biggest business leaders in the world are gathering in davos, switzerland for the world economic forum. among all the movers and shakers is our own liz claman. liz, what have you

one benefit for amd in the recent quarter was its graphics chip sales thanks to their inclusion in theand xbox gaming consoles but amd is down about 10% in early trading now. >>> stock market really focused on earnings for the second straight day. let's take a look at the big board after some mixed action yesterday. more of the same this morning. dow down 33 points thanks to ibm shares down 3.25% on their earnings news. nasdaq up 5. s&p up by a fraction. ebay and netflix report after the closing bell at a. >> thank you, jason brooks from kcbs news. >>> time to check traffic. >> we are doing well. we are still watching this big problem though in the north bay. most of the commutes are doing okay. the big problems are in marin county for san rafael drivers. there is an accident along 101 southbound 101 between lucas valley and freitas. so the right lane is shut down but this car hit a power pole and now pg&e is reporting over 2500 pg&e customers without power. so just remember if you are a north bay driver you noticed a black-out intersection, treat that as a four-way stop. very slow on

. >>> amd posted earnings after today's close. they swung to a profit of new gaming consoles. the chip maker, however, posted a weak outlook and that disappointed investors. shares initially plunged after hours as you see on that graphic. the stock ended the regular session do you kndown slightly. shares of blackberry spiked after it landed a big government contract. 80,000 blackberry devices will be linked to the pentagon's management system at the end of january. that secures the company's position as the long time supplier of government phones. shares popped more than 9% to $9.93. td ameritrade was popular with investors, surged by 31% from last year. the company says that's because more customers felt confident about trading in the stock market as well as improving commission and transaction fees. >> our investors, investing all the way through this. if you look at our investor movement index, it's been climbing for a good, six, seven, eight, nine months. we had one month where it went down. so it's been pretty healthy. >> about 4.5% to $33.85. now shares of fireeye took a

of course the big inner is amd with sales chips for both of these boxes. guess they're ultimately the big winner. >> it's funny, when microsoft first got into the hardware business people criticized them now it's the best product that they have. obviously we have a little bit of a competition in a lot of areas between new york and london. right now london is kind of winning when it comes to real estate. >> yeah, i think we have the bragging rights on this one, brian. we got this association of foreign real estate investors who effectively said that london knocks new york from the top spot for the year here. new york comes in second. we have a couple of u.s. cities that come in three and four. i think houston was on the list here. as i look down my list, san francisco took the third spot. and no great surprise, i guess, because according to some surveys, we saw nearly 15% upside in the final quarter of 2013 in london property and obviously this agency feels that we're going to get strong gains again in 2014. so money to be made it would seem in london. >> y

though the mess that bonuses are paid in the nt and amd's performance rate of pay in samoa state institutions as well. defectors to the tomato pulp ministers may say that these are indeed in the middle seats into agreements to pay a modest amount for which the irish will for workers on top of their salaries if the performance targets are met. stevie was greatly reduced and they broke or two it's hard to see them being on the chair and took up the kit kats committee hearings and david weber that the main areas of really long walk but we still have to know at that time that the facts. but the ac is that offer a committee that in the environment and even to lose ninety section of that committee yesterday that there would be of this mystical because committee will want to explore. it is even more of them is likely to be bonuses at the other could be the new boss and friend about the spending of the worst watched the devil of ministerial oversight was there at the end of officials from the department of the energy regulator in front of them too. so they've been to cast their inquiries was like eat

going to bring her own thing, and some of it may have to do with the fact that she is african h americ-amdbly some of it won't. >> will you be watching this is. >> absolutely, i will be watching. >> and is it the butterflies that will affect her mosters, or as a professional she will know what to say and how the handle each herself? >> well, it is difficult to predict how you will respond, but she seems like a pro to me just in terms of what i have seen online, and i will be surprised if she is not prepare and ready to go. >> i would, too. and chris parnell, we should ask where to find you these days? sglel q ysglsh. >> well, you can see me on " "suburgatory." >> well, "saturday night live" continues to evolve, and thank you for joining us. >> thank you, martin. >>> and it is a big night in hollywood where the actors honor their colleagues, and the actors red carpet as they will be there for the screen actor's gild awards and we can take you there right now to watch. >> reporter: everywhere you look -- >> to the right! >> reporter: mega stars of film and tv. it is the screen actor's guild

dom chu, what can you tell us about amd? >> it's down right now and down big.justed earnings per share in the fourth quarter. that beats the average analyst estimate of 5 cents. this time around it's the forecast that has investors worried. they think that their first quarter revenues will come in between 1.29 to $1.38 billion. the average analyst estimate was $1.36 billion. so the lower to mid end of that guidance below wall street expectations. that also represents a decline over last year's ref through. amd is a smaller chip company to intel but it still has a lot of chips that go into video game consoles. a md certainly a focus for a lot of traders in the after hours. >> you're absolutely right. tech more broadly here after hours whether it's an actual miss or a worse than expected guidance number seems to be the theme at least for now. thank you, dom. >>> i want to see if it's the earnings that are lighting up the website or other things people are clicking on. allen wastler joins us with "the hot list." >> right now what's burning it up mohamed el-erian.

this was a project in collaboration with amd and unity.late the real-time emotion directly on the character. mostly game developers using the software right now? >> correct. also people that do independent animated films. film it being used in widely yet, this kind of technology? >> this is really the bleeding edge. the technology is just coming to the market right now. we are very early on. we only launched the first version a few months ago. we can put it in the pipeline for bigger productions. it is so much faster, real-time time instead of days or weeks. conversationsd with film studios? you mentioned independent filmmakers. i do not understand why they would not want to use this. what are the drawbacks? >> if you have a huge budget and are making the next pixar film, you have the luxury to have hundreds of animators work for you. if you are an independent filmmaker, you do not have those means. developersor game want to bring more emotion into their game, into their character. they want to compete with the big giants. >> there has bee

that doesn't mean amd has to employ them or give them a platform to say such horrible things. >> i thinkis his brand. he closes every show with a prayer and those are normal things for him to do. god bless them for those kinds of things. at least for what he wants to do and portray himself. but that doesn't mean it doesn't have commercial implications to his brand or those people who will air his show. those are the kinds of things i'm talking about. we will see more scrutiny about public comment ceos make or executives make them personalities make in 2014. >> what social media has wrought. interesting stuff. >> watch what you say in your tweets about me. >> believe me. i have a whole team of experts that shield the world from my flubs. from uber to sidecar, we will sit down with the cofounder of lift to talk about the company's lands tonight and why he's getting behind the wheel himself. ♪ >> welcome back. i'm cory johnson. if you need a lift, your company you may be with the company's cofounder. it could be the busiest night of the year for the company, capping their surge prices at 20

amd saying sales of gaming could be soles were not going fast enough to offset slowing pc sales so amd in frankfurt down nearly 11% and ibm also down nearly 3%, a slowdown in i.t. spending by many of china's state-owned enterprises hurting ibm's business, total revenue down to 27.7 billion in the fourth quarter. jules, back to you. >> thanks, russ. one of the key focuses in davos is the new energy context we were just talking about here, bm sees the growth in energy over the next 15 to 18 years, 25% of it will come from china and a bigger deficit as far as energy goes than the u.s. or europe. it is a crucial issue. to talk more about the idea is lin boqiang. we're concerned where china demand goes, what the output story looks for china the next few years and one of the proxies we use is electricity demand. >> right. >> how good a proxy really is electricity demand for growth and output? >> i think electricity demand is a good possibility for economic growth. china's economy is so conscious on the industry and they are so kobs traited on the industry so put together they are a real good

amd has had a nice run. and no one talks about it. and in that space, it's probably not the best beta stock. but the best stock is qualcomm. >>> let's get a news alert with dominic chu. general motors moving the afternoon session. >> general motors declaring that quarterly dividend of 30 cents a share. gives an annual yield of 3%. this is payable to all shareholders on march 18th. the first dividend from the automaker since it came out of bankruptcy. the stock did spike up in the after hours. the 3% yield puts it in line with ford's 3% yield. valuations aside, they will carry 3% yields. >> thanks so much. >>> now that the playing field is leveled, which would you choose? >> i have chosen. gm. i think we're going to see more from the perform. and there's a really high margin sales for them. i'm sticking with gm. >> i would probably actually sell out of gm here. a couple of weeks ago, we talked about when the government was coming out of it, they were selling for the wrong reasons you want to buy it. here, i would take my profit. this i

it is earning season, today we find out how sunnyvale's advanced micro device is doing, amd will release fourth quarter earnings giving us insight how they did versus intel. we're learning that intel sold its television business. for the look at the markets, how they are doing let's check in with kayla tausche. good morning. >> scott, good tuesday morning to you. futures are higher as investors return from the holiday weekend. the markets come off a mixed week. the dow and nasdaq higher but the s&p 500 ended in the red. it's relatively light week for economic data but there are plenty of earnings as you mentioned, a quarter of the s&p 500 is set to report we hear from johnson and johnson, verizon and delta airlines. the dow rising 42 to 16,459, the nasdaq lose twog 1 to 4198. wells fargo joins other banks in dropping so called deposit advance loans. these are similar to pay day loans which are short-term but have been criticized by consumer groups for high fees. the loans are automatically repaid out of future direct deposits that come into your checking account. very expensive form of l

the devices like the ps4 -- >> that's the problem, amd has had a history of missing the quarters.old people to buy it in the threes, i'd rather sell the stock and move into a stock that my charitable trust is buying with a yield and that is intel. i think it's cheaper. let's go to adicha in ohio. >> caller: boo-yah, jim. >> hi. >> caller: i have a question about halliburton. what do you think about it? >> it's one of the weaker companies. if you do like halliburton, wait until schlumberger speaks on friday. i think they're going to speak negatively about the market. be very careful. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. >> hi, jim. >> yo, what's shaking? >> caller: i'm reading your new book "get rich carefully." >> jim, i'm going to try to make it to costco this weekend and get a copy of your new book. >> i'm enjoying your book. >> holy cow, that was unsolicited. thank you so much. that was the point of the 440 pages. let's go to work. >> it is warm, yes. >> why don't we go to mike mike m

investors get the first chance to react after amd offered better than expected numbers from fourth quarter earnings. it beat expectations thanks to holiday sales of video game consoles. today, we'll hear from san jose's ebay, predicting lower revenue after the christmas shopping rush. netflix reports this afternoon. they're riding high. last week, netflix an oscar not for "the square" and received emmy and golden globe awards for original programming. >>> united technologies going to announce earnings today. courtney reagan live at cnbc world headquarters with everything else. >> good morning. futures are lower, after we saw a mixed close for stocks tuesday. s&p 500 avoiding a third straight loss but the dow knocked down from johnson & johnson. more earnings today from the likes of united technologies, ebay and netflixes. dow falling 45 points 16414. nasdaq closing up 28 to 4226. governor schneider and state laumaklau ma lawmakers a package to help detroit out of bankruptcy. it could match $330 million to preserve the city's vast art collection. proceeds could go to off set the shortfall i

the devices like the ps4 -- >> that's the problem, amd has had a history of missing the quarters.o buy it in the threes, i'd rather sell the stock and move into a stock that my charitable trust is buying with a yield and that is intel. i think it's cheaper. let's go to adicha in ohio. >> caller: boo-yah, jim. >> hi. >> caller: i have a question about halliburton. what do you think about it? >> it's one of the weaker companies. if you do like halliburton, wait until schlumberger speaks on friday. i think they're going to speak negatively about the market. be very careful. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. >> hi, jim. >> yo, what's shaking? >> caller: i'm reading your new book "get rich carefully." >> jim, i'm going to try to make it to costco this weekend and get a copy of your new book. >> i'm enjoying your book. >> holy cow, that was unsolicited. that was the point of the 440 pages. let's go to work. >> it is warm, yes. . >> why don't we go to mike mike mike in pennsylvania. >> hey,

amd traded about four-times its daily volume. marvel traited two-times. and taiwan semi six-times.mixed activity. but of these three was taiwan semi. not only did it trade a lot of options. but almost no calls. 67 calls and nearly 15,000 traded. of those, it puts the traded most, were the july 15th posts. that included institutional buyers. that's interesting also. we have earnings in taiwan semi coming up next week. but this is a bearish bet that the stock could get around the $14.20 level or lower. and that's a price it hasn't seen since 2012. check out the website. >>> now, to the man who downgraded apple today for moral reasons. joining us from miami, ronnie mose. thank you for joining us. >> thank you for having me. >> your firm is a computer-driven model. why switch to moral reasons? there's no analysts on the street, i would venture to guess that would cite morality as a reason to downgrade a stock. >> i've been on wall street for ten years. i've put out recommendations on hundreds of stocks. i've written hundreds of reports. everybody on wall street is looking at how much t

and consulting companies, and he was still friends with a guy who worked at advanced micro devices, amdso he continued to sort of cultivate these people. some of them he actually had real friendships with. >> narrator: the fbi continued to gather more names, and when agents carroll and chaves sat down at fbi headquarters to compare notes, they realized there was more corruption out there than they had spected. >> as the galleon case expanded, we realized they had a large network of insiders and other funds that were willing to engage with them. >> smith: how large? >> significant. >> smith: are we talking ten funds, 20 funds? >> it was a lot of funds. it was a lot of funds. >> smith: what did you say amongst yourselves, what did you think you were onto here? >> we likened it to the first jaws movie, that we're going to need a bigger boat. >> smith: this was a bigger shark than you bargained for. >> it sure was. it sure was. >> narrator: beginning in late 2007, the fbi obtained authorization to tap the phones of galleon traders, including raj rajaratnam. >> narrator: it was the first tim

. >> quickly on amd here, we are watching that because it is a turnaround story. console chip maker so a lot of analysts are looking for any reason to be more bullish because the stock is already up 74% or so in the past 12 months. got some positive data points from microsoft as well, sony in terms of consoles. lot of optimism going in. 15% of the shares outstanding are short in this stock. we could be looking at a squeeze going in. that does it. if you want to join the conversation, tweet us at #earnings squad. back tomorrow on "squawk on the street." we have citron research, the noted short seller, who will name his top short idea right now. >> you got to press him on going long on blackberry, too. good interview. thank you very much. >>> on tap, a boozy blue jean edition of "street talk." plus a record-breaking little red corvette. >>> first, sharon epperson has today's pump patrol. >> money managers are betting that this cold blast will curb gasoline demand in the northeast and midwest and gasoline prices will fall as a result. hedge funds that trade gasoline

abby you had amd. that was up by 27%.nk out of all three the picks, that was the outperformer. >> thank you. >> congratulations. >> you had oxi. >> it's an energy stock. wasn't one of the better names in the sect yorn and tough timing because had we ended this a little earlier, results might have been different but that's how it works. >> and steve also had tenet health care up by 13%, but, you know, he's not here. >> so let's -- by the way, we got this trophy made. this thing is spectacular. >> exactly. >> look at that. >> i'm going to hand this -- i'm the trophy girl. i am going to hand it off to reggie because you had the single best. abigail, you get cardboard weiss. >> thank you. >> that's your trophy. >> quite a trophy. >> and well done everybody. it was a great amount of fun. good stories out there and telling it in interesting ways. i'm sure we'll do it all again next year. >> it's hard to be humble. a little love from my friend steve. >> it's creepy. >> there's another reason the super bowl could be a super bosto

the ceo -- he was at do you, he's now the ceo of sealed air, ceo of fmc, ceo of amd.een able to keep those people? or do we suggest that that's an indication of just how much talent you guys have? >> just look at ceo magazine's talent for leaders. we never, ever were on that list till five years ago. we built a talent pool here at dow that is the envy of not just the industry but other companies in other industries. and the fact that we get poached for talent is now indicative of the i.t. industry. we're very, very celebratory of the leaders who get ceo jobs of smaller companies. in the case of the bigger company, that was a jemggentlem who thought he was ready seven years ago, and he's doing quite well at amd. look, we're very proud of our alumni. the fact that they can be ceos of other companies is terrific. i don't want to lose people. we've got a great bench here. our executive committee here can go run any company in america. >> we've got do run. are you going to be meeting with dan any time soon? >> i haven't had the pleasure yet. we tried a few times. and we're

congratulations on that, so now you have made a decision to go back with amd for another season.d to 2014, how did you arrive at that decision to stay with the network? >> we are ready to get started. we have a new season coming up in a couple of weeks and we are really excited about that. we are ready to move on. we all learned a lot, ready to move on and the family is happy, we are ready to go. i have to make my guys are back there building duck calls. >heather: one of the groups not to glad would be glaad. it came down to money. leland: they came down to a lot of money. in addition to money, a&e got a bunch of backlash. they have to weigh the decision of how many people they wanted to offend. heather: i think they will get high ratings. leland: if history repeats itself. it is called the affordable care act bu that could end up costing many americans a whole lot more money. heather: russia preparing for the shadow of two terror attacks plan to keep athletes and spectators safe, but what let me put in is bombing. leland: and teenager declared brain-dead, why the hospital is ref

. >> amd, fourth quarter. >> here's one that truly disappointed. very horrible guide down. the last year. >> upgrade for unilever. >> emerging markets coming back. what a ceo pullman is. i like unilever. >> and wells on j&j. >> probably wondering what the heck is going on. wells is saying, listen, they basically underpromise and now they can overdeliver. a charitable trust name, i wanted them to do better and think about alco-skcoalcoa. >> xilinx tonight. >> and he didn't do the quarter. he didn't! well, you know, people like what he did and that's because he had guided down a little and it's coming back and the chinese orders are good and telco equipment spend is one of the great theems so fthemes of 2013. and moshe delivered. i wanted more but everybody else is happy. >> we'll see you tonight. >> thank you. >> 6:00 and 11:00 "mad money." >>> and when we come back after a break, many in the windy see many might think it inconceivable, sears closing its flagship store in chicago. i always say be the man with the plan but with less energy, moodiness, and a low sex drive, i h

earnings and today we'll really turn to the tech group, so tonight will be ibm, texas instruments, amdng after midnight. china gdp growth did you see it over the weekend, 7.7%, heavens knows how they hit the targets, 7.7%, december retail sales up 13.6% only a slight deceleration from november so overall the economic numbers for china were not that bad. by the way they injected a lot of money the people's bank of china into the system overnight and i think that might have helped move the markets up a little bit there. i want to talk about lenovo maybe buying ibm's low-end server business the x-86 business, this is the food chain exhibited in technology these days. remember lenovo bought ibm's pc business in 2005 and by all accounts they've done a great job managing that business even improving the margins a little bit but the business is so tough pc steals are plummeting worldwide and even they have to go out and buy more businesses just to figure out a way to keep growing. ibm is disappointed the last couple times. tonight it's going to be important. guys, back to you. >> all right, t