amd is 4.5 billion in cash. amd is a $10 billion company.pay a big premium for amd, pay in cash and stock and it would pop on the news because it would be so positive. here is the bottom line. i think the wave of consolidation in semi conductor space is far from over. they will try to mimic the best of the deals we've seen see far this they're smart by focusing advanced micro devices in orldser to diversify in faster growing markets like gaming, data centers and virtual reality. bet it would pave the way for multi-year reality. there's so much more "mad money" it is amazing. >> including my take on the running of the business market. i'm having play was nothing to do with president-elect. as more companies connect to cloudy have one player banking off the trend, killing it, never heard of it. i will reveal the elusive speculative friday play for the cloud. wondering how the dow can make it to 20,000? let me give you a road map for companies that can take ltd over the threshold, although it is a tad facetious. are they in the portfolio? i wou

amd is taking aim at nvidia.ill be offering graphics chips tailored for artificial intelligence use in its data center. it will speed up the ability for computers to train themselves and get better at image recognition. ian king covers the major semiconductor businesses. in plain english, you say that amd is trying to get into the business of recognizing your voice, sorting through pictures, and other tasks that companies are trying to turn over to ai with these chips. ian: the task that you said, translating things in skype, recognizing whether it is a dog or a pig or whatever in those pictures. doing those in parallel. a gpu is good at that. small tasks in parallel. emily: this is a chip that normally games are built on. ian: that is exactly it. all of these teenagers living in their parents' basement that have gaming systems, they will pay $1000 for a graphics card because that gives them the most vivid image. those are the chips we are talking about. emily: doesn't intel dominate in service? ian: they have a

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which is why it should be a matter of tribute to hard-working nhs staff that 90% of people going to amd are seen within the four our target. the point about configuration of local services in any part of the country is these are driven by local clinicians through working together with dcg. the people who manage and understand each locality the local authority through its health committee has the right to call in proposed changes to services and refer them to the secretary of state if they are uncomfortable with them. >> i know my right honorable friend will share with me the importance of the great sectors the economy conjunction with the world's language-based exporting, hugely important to the british culture and economy. will my right honorable friend reaffirmed the government command to protect the budget as we review the future of the broadcaster? >> we are committed to the broadcasting and exports, and the settlement we agreed has given financial certainty protecting more than 74 million a year for the next five years and absolutely committed to ensure the channel continues to mak

i'm not really tempted here at 105. >> it's interesting you mention amd. within the goldman note, they're talking specifically about gaming and the gaming population growing, and amd has repositioned themselves over the past few years as more of a gaming chip stock. also, there are the other areas. virtual reality, ai. i mean, these are the hot sort of tickets. >> when you are talking about the potential for semis right now and thinking about the universe and the possibilities, it's endless. i think that's what attracts all of us continually to the technology sector overall. specifically, though, for me texas instruments has been my way. it's kind of a forgotten name. big balance sheet name. yet, it is working right now incredibly well. nvidia has been a fantastic story, and you have to bring up josh brown who has talked about this all the way up and never once said let's get out of the stock. he has talked about the changing dynamics, the fundamental story, the tail winds for the business. if approximate he is here, he would say that remains in place. for

on the year and that is advanced micro devices, the philadelphia semiconductor index is up at a and amdp 11% today and 267% this year. bank of america merrill lynch doing a double upgrade and a rink amd with a buy, saying this is the only vendor that can take on intel and nvidia. big movers on the day, especially in the retail area we are looking at lululemon and taylor brands. lululemon is surging on a better than expected third-quarter and they beat earnings by 9%, the holiday quarter is turning fornd and taylor on pace its best day ever since 1992 after they raise the low end of the forecast. julia: interesting for lululemon because stock has been down quite sharply for the last month and a half. thank you so much, abigail. let's check in on bloomberg first word news. courtney: president-elect donald trump lands to name restaurant executive andrew as labor secretary. of a parent company of carl's jr. and hardee's fast food chains, he is a critic of the labor policy. more americans are optimistic about finances, especially the u.s. stock market according to a new bloomberg national pu

. >> amd, i've got to tell you something.eks ago and saw huge call-buying. we talked about it a couple times the last two weeks. and eight or nine-year high today. i think j & j is the number one weighted holding and that's done well the last couple weeks. so kudos to the folks over there. >> what are your favorites? >> amazon, i absolutely love. amd, of course, up 55 or whatever. you guys have picked some great stocks. amazon is my favorite. >> okay. coming up, ken is looking at one stock that is in russia. more "fast money" straight ahead. hey steve check out this guys leg. yeah looks like a real nasty moving back in with his parents. what? no. i just broke my leg. no, this is a full blown move in to the basement, you're gonna be out of work without that money from... aflac! you might miss your rent. aww i just moved out. bummer man. hey i used to have my own place. yeah? no, no i live with my mom, but it's cool. health can change but the life you love doesn't have to, keep your lifestyle healthy with... aflac! i'ts your tv

amd its dozens of storm troopers. >> i can't wait to finally be going to the film, my friends anddfamily. i've been like a secret agent for the last two years. >> the stand-alone story, the rebel fighter is out to staefl plans for the empire's death star. diego on her side. >> it's over. two years of secrecy. >> one of the worst-kept secrets after 11 years, the return of darth vader to the big screen. >> i think i'm a pretty tall guy. how much taller is he than me? >> about there. >> i want you to picture that. you look like you were a little bit overwhelmed. >> if i wasn't overwhelmed, i wouldn't be human. although i'm a droid in the movie. >> this is so good. let me say this, this is my favorite droid of any "star wars" movie ever. sorry r 2 d 2. >> send your hate mail directly to cameron. the best reason to go see passengers is the insane chemistry between these two stars. >> action. >> did you guys know each other before doing this film? >> we didn't. it was a real roll of the dice. >> could have been a total nightmare. >> total disaster. >> yeah. >> i jumped right in. i was like, my

with this instrument here, a measuring trolley, we will put it on the track, amd this is going to tells. it is going to tell me the cross level, the height of one rail to the other, and it is going to tell me the twist and the distance. i guess you're going to wheel it down the track. shall i help you out with that? you can push. ok, thanks. i willjust gently edge it down the track. this is a fairly exposed piece of track so it must get a fair battering. this is one of our sections of track which requires constant maintenance. in the spring, this will have moved, and we will come back and do some more maintenance, lifting and packing. we have moved down this short bit, so let's take a look at what you have learned. this is telling me we've travelled 12.75 metres from where we started, telling me that at this particular point the track gauge is 806.11 millimetres, and it also tells me that i have a cross level negative 0f11.9 millimetres. that's a slight dip? that is a slight twist to one side. does the track need any work? no, the instrument is telling me it is all within tolerance. th

which is why it should be a matter of tribute to hard-working nhs staff that 90% of people going to amd are seen within the four our target. the point about configuration of local services in any part of the country is these are driven by local clinicians through working together with dcg. the people who manage and understand each locality the local authority through its health committee has the right to call in proposed changes to services and refer them to the secretary of state if they are uncomfortable with them. >> i know my right honorable friend will share with me the importance of the great sectors the economy conjunction with the world's language-based exporting, hugely important to the british culture and economy. will my right honorable friend reaffirmed the government command to protect the budget as we review the future of the broadcaster? >> we are committed to the broadcasting and exports, and the settlement we agreed has given financial certainty protecting more than 74 million a year for the next five years and absolutely committed to ensure the channel continues to mak

. >> the land port lock box is a $500 steel container that bolts to any service amd and opened with a code you share with your delivery service. the three major delivery services ct billion packages this holiday season. back to you. >> for more information on any of those services check wfla.com. >>> let's go back to breaking news out of jacksonville. nbc reporting a bank robber holding up at least 11 people hostage is now in custody. looks like it's now starting to be wrapped up. we'll have more on that as we learn more. >>> meantime we're going to tell you about our consumer watch this morning. the gas pump seen. member nations of opec agreed to cut oil production for the first time in eight years. the cartel will cut 1.2 million barrels a day from its present output. that takes effect in january. president-elect donald trump is promising an energy revolution that includes halting energy imports from opec nations. >>> hackers have managed to affect more than 1.3 million android illegitimate apps. apps not downloaded from google play. the malware installs malicious advertising softwa

how about the amazing strength and sales for semi-conductor companies like broadcom or amd or micron. a lot of action there spinning over to solutions. now we all know about the obvious trump stocks. bank of america. the first national bank of trump. best pure play out there. goldman sachs has truly turned into goldman slacks for those that fit in. it's up 4% for the year. and higher rates make them more money and increased deal activity for stock and bond activity and more money and most important deregulation make their fortunes. goldman sax probably got a start in this business and certainly has been able to take as must have risk as it used to because of dodd frank. honestly when it seemed like hillary would win in a landslide i was expected show trials ran by senator elizabeth warren. instead we got trump and his administration and celebration of finance with the department headed by a former goldman sachs partner. very smart, sharp steve nguyen and the possibility that the banks awesome number 2 maybe going to the government too. it must feel unbound over there and then there's

now, the participation, not close to the amds of the world. off of the highs you can see right there. the interesting thing today is they're going out to february. going to the 37 strike calls. very aggressively buying those over 12,000 of those bougt today around 60 cents. intel. i think you're goung to start to see these big caps start to move into january. i'm going the hold at least a month. >> all right, guys, the market, too, because i want to call your attention to the major averages, the dow is at the highs of the day or just slightly off a gain of nearly 90 points. almost repeating the same pattern that happened at this very moment when the dowed to accelerate then we're off to the races for much of the rest of the day, but with a gain of nearly 90. sits at 19,635. s&p 500, up one-third of 1%. that's good for six points. nasdaq is up wow, almost 26 points. back with more right after this. this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into e

there are a slew of companies that serve the personal computer cluding seagate, amd, micron and digital. it is with seagate. the next thick the stock gets up with this good news pre announcement. now western digital made a brilliant acquisition after sand esks which allowed it to benefit from a flash memory cycle. it's expanded beyond the pc into the internet of things play, think of data forms, given what we we heard the data center real estate investment trust, we notice a demand for more storage now that everything is moving to the cloud, everything down the pike. we're in a moment where many of the big institutional investors don't seem that bright, to put it dramatic amy. they are aware of the digital transformation. when they see its stock flying, they want to pass up seagate. next thing seagate is ten times earning, one higher than western digital. after western digital tells its story tonight, i bet it leap-frogs all of again. i'm not seeing. we're seeing the game in automatic computer advanced micro, it's a game on for those two. now, leap-frog is not the only game going on her

i am a young investor and brought into amd when it was around four. now it's around 10. is it time to cash in? >> i still like the company. it's reconfigured its balance sheet when the stock was at 6. 4 to 10. bulls make money. bears make money and hogs get slaughtered. take out what you put in and let the rest ride because you be playing with the house's money. dave in illinois. dave! >> dr. cramer. happy fed rate day. go take a hike. >> i like that. better than jumping in a lake. what's up? >> jim, recently intel has created a new division. the automated driving group. >> right. >> expects aton mus vehicles to be a core component in the world of the internet of things. autonomous drive system suppliers have signed on to use intel's core -- >> true. >> -- next generation chips. i know it's advisable not to chase nvidia but how about intel? >> intel is like secretariat. what a great horse. nvidia is like american pharoah, now a great horse. calling an audible could help you find a solid company. best stocks have the triple threat going. go through the check-down. there i

moment i spend on this earth under heaven above ♪ ♪ grandfather always said that god was a fisherman amdeans that i don't love you ♪ ♪ oh how i wish i could be there every day because when i'm gone it makes me so sad and blue ♪ ♪ and holding you is the greatest love i've ever known when i get home it breaks my heart ♪ ♪ seeing how much you've grown all on your own ♪ ♪ ♪ ♪ ♪ and hear me cry from a thousand miles away every cry all night long ♪ ♪ well can you hear me crying i've come apart baby ♪ ♪ i've come apart baby crying on you ♪ ♪ [ cheers and applause ] ♪ ♪ [ cheers and applause ] >> seth: sturgill simpson, everybody! give it up for this incredible band. "a sailor's guide to earth" is out now. we'll be right back! [ cheers and applause ] [ cheers and applause ] >> seth: my thanks to vice president joe biden, second lady dr. jill biden, sturgill simpson, everybody! thaddeus dixon, corey glover, vernon reid, and of course the 8g band. stay tuned for "carson daly." we'll see you tomorrow. ♪ [ cheers and applause ] ♪ ♪ >> carson: i am carson daly. you are watching "last call" from 97.1

don amd trump clearly cares about personalities and relationships and those types of things. i have to be honest with you, why is this a surprise to anybody that this is a reality tv show. we've seen this for two years. i think it's kind of refreshing. we see who all the candidates are. first it was going to be gingrich, then chris christie, then it turned out to be pence. i think this is kind of fun to see, these are all people who are credible people. i don't see a problem with any of this. >> i don't think we're saying it's a problem. it's just interesting, it's like a reality show. even last week when he went to that rally in ohio. i want to save the suspense for next week, but he let the cat out of the bag. i think you're right. >> he didn't let the cat out of the bag, he knew -- we reported it as breaking news on cnn a minute later. i think that's a smart thing to do. >> there's also the aspect of, he likes the theater of it. but in his defense, cameras are everywhere, everywhere you go, whether you're walking outside trump tower or his golf course, he's playing to the

amd, computer sciences. applied materials. for more on the cnbc iq 100. go to cnbc.com iq 100. more halftime with scott and the gang coming up. myusineswas t wi passi... bukeep iow byakery llar count. that's w i have the ark cash card from pital one. with it, iarn unlimite2%2%casha frrk mnsng.anthat unlited% ca b adds fl to dollarsar otm linento my business... what's in your wallet? hey ga, whatat this boys a mole trading desk you t here so thacan take m trplatrm wherever i go. ow that inrswi seamle scscros all yo devrit? ow that inrswi oh, so mcustomudies gom seamle scscros wantoo! all yo devrit? rket's hot! sync youplatform oany vice witinkorsm. rket's hot! only at td aritre >> welcome back to cfra out tay with its list of 17 internet predictions for next year. scott kessler, the analyst behind the predictions joins us live from new york city. hey, scott, welcome. >> thanks a lot, scott. >> not going to run -- thank you very much. not going to run through everything, but start me with albauba, which you have high expectations for. >> yeah. i think it's pretty obvious that ali

having an interesting run work day not working so well today but a number of stocks that are doing well, amdalked about quite a bit up some 9% again today. it's quadrupled which is mind-boggling. >> you heard kram they are morning suggesting it's a matter of time before they put all those letters in one basket. >> my joke has been the reason everyone in 19th century of f fixated on dow transports they hadn't invented the semiconductors yet. that's been giving you the green light. >> we'll see what happens this afternoon. back to headquarters on "the half. are carl, thanks so much. i'm scott walker. top trade this hour, the march to dow 20,000 as stocks continue their post-election surge this week is the continued trump r rally justified or just plane crazy? with us for the hour today joe terranova, the brothers najarian, also on set is courtney gibson of luke capital, the president there, and adam parker, with us today. let's begin with the markets. stocks are extending their record run. dow s&p, nass being da, russell

i'm still long but the next one is amd. >> i agree with that. >> i haven't dropped a name for a whilet. >> jetblue, we forgot about it. >> wow. >> new initiatives, new high company. >> good stuff. thanks. >> love you guys. >> see you tonight at 6:00. "power" starts now. >>> thank you, scott. i am brian sullivan. and breaking news from turkey, a russian diplomat shot earlier today has died. u.s. condemning the attack. turkey is a member of nato. the question is, what will russia do if anything to retaliate? the big long. a man who nailed the big short during the financial crisis now says he's as long as he can be in one sector. that sector name coming up. and you're going to hear from a ceo of palo alto networks, down this year, but a big time turn around coming as the cyberwars heat up? we're going to

i agree with you, i gave a talk today, and i said amd is in the right place at the right time.i said also that it was going to come down now like all of tech. but you buy slowly into that decline. rodney in ohio, rodney. >> caller: hi, jim. first-time caller, longtime viewer. big booyah from ohio. >> booyah. >> caller: i'm asking about worthington industries. has it reached its peak, or is there more potential to earn there? >> here's the problem, worthington is one of those stocks that i put in the caterpillar category. that's going up so much, so fast that i don't know if i can endorse it versus the ones that are coming down so hard, so fast that i'm getting intrigued by. remember, nobody ever got -- nobody ever went broke taking a profit. all right. the market is still adjusting to president-elect trump. you know what? there's going to be plenty of bumps along the way, but that's an opportunity, an opportunity to slowly start positions in beaten down words like in nvidia and find chances to buy -- get overheated stocks like caterpillar on a discount. much more "mad money" ah

obviously they have amd coming in, the gaming marvegt right now, if you own the stock, the easy money'seen made. buying it right here is a bit more challenging. >> joining us now is matthew ramsey, senior analyst , thanks for joining us, matthew, as an analyst who covers the stock, do you agree with this premise that nvidia's rally had gotten overdone and should go back to the low 90s? >> first off, good morning, happy new year, thanks for having me. certainly the valuation of nvidia has moved quite a lot with change in fundamentals and perceptions happening at the company. and seen upside and downside pretty wild moves, but i think nvidia has earned the valuation expansion they've had and i think the point people have really started to argue about their gaming business on a go forward basis. and i think the research we have done points to only about a quarter of their gaming installed base so roughly 80 million units globally being upgraded to their highest performance really driven average selling prices for the company materially higher. i think it's a growth franchise even in their

dillon this tech a look at the video he has confessed to killing nine members of charleston demand what amdderal charges >>mark: the open fire because they thought he had a gun to happen early monday morning in bakersfield when police a ride on scene they found him walking toward the with his hands in his pocket that when police opened fire the officer who shot him is on administrative leave. >>mark:-he made several key cabinet choices and visiting with big-name celebrities. >>reporter: he started his day in new york with a major cabinet announcement at the end of the dade a fanfare want wisconsin their little ball after he announced exxon mobile sea of as a secretary of state and they told him that he had settled on a former texas gov. rick barry the transition team has accepted the position of interior secretary to parade of high- profile guests including bill gates and mr. west to make sure no one missed the details- meanwhile push to further investigate hacking of the presidential election something he downplayed to dismiss what the republican chairman senator bob said tuesday the commi

. >> one particular bright spot in tech, amd, up about 3% today.been on a run for all of december. >> the 20k launch continues. 115 points away. that's going to be a dynamic for the entire week along with the fed. let's get over to wapner and "the half." >> are stocks and investors ignoring the warning signals. joe terra nova, josh brown, steve weiss, jim leventhal. also on set today is our senior economics reporter steve liesman. all right. jim leventhal, have you taken some heat on this table lately. does this rally -- are we ignoring any of the risks that are out there? people don't even want to hear it. they don't want to hear it. >> at the end of the day this is not an o

amd i feel like we should head out tonight and hit the town. >> let's go out, man. >> seth: michael che. "michael che matters" it begins streaming on netflix on november from the xx. we'll be right back. [ cheers and applause ] ?? whenever i try to grow out my hair, strands always break off. but pantene is making my hair practically unbreakable. the pro-v formula makes every inch stronger. so i can love my hair longer. remember 2007? smartphones? o m g hello moto. snap on a jbl speaker. put a 70" screen on a wall. get a 10x optical zoom. get excited world. hello moto. moto is here. the new moto z with motomods. save up to $400 when you trade in your old phone and switch to verizon. i really did save hundreds of dollars on my car insurance with geico. i should take a closer look at geico... geico has a long history of great savings and great service. over seventy-five years. wait. seventy-five years? that is great. speaking of great, check out these hot riffs. goodnight, bruce. gotta tune the "a." (humming) take a closer look at geico. great savings. >>> for more "late night," go to late

tech, amd, up about 3% today. it's been on a run for all of december. >> the 20k launch continues. 115 points away. that's going to be a dynamic for the entire week along with the fed. let's get over to wapner and "the half." >> are stocks and investors ignoring the warning signals. joe terra nova, josh brown, steve weiss, jim leventhal. also on set today is our senior economics reporter steve liesman. all right. jim leventhal, have you taken some heat on this table lately. does this rally -- are we ignoring any of the risks that are out there? people don't even want to hear it. they don't want to hear it. >> at the end of the day this is not an overly expensive market. it's not cheap, that's for darn sure, but not overly expensive. are there some risks out there? of course. the ten-year rate is probably reaching the threshold. >> it's at a 27-month high today. >> 2.5. probably you now have to start worrying about it. the damage has been done so far. it's not turned off the housing market, which is the one worry y

on this issue, about a year ago december 2015 i was part of a small delegation representing the amd and also the society of environmental journalists about that particular issue. nothing really happened. they took the meeting they listened and we talked but it was a lot of talk and little action. i think that's standard for the administration in reality nothing really changes and there's not a lot you can do to change it. what you are doing is one thing. >> that also brings up the whole non-disclosure agreement. federal employees are theoretically going to be defined as intelligence agency employees. if that happens that will shut down access to a whole bunch of agencies to get news coverage. >> i just wondered what you think the purpose is of off the record meetings with the president-elect and how do you think that will play into the coverage? >> theauther rett -- the only off the record meeting that i can think of that as bob been publicized as with the tv networks. it's funny you mentioned that one because when i first saw that meeting was happening i was frustrated because of what

. -- and i amd is generalizing to his room extent -- what we found to a lot of extent that when people think about crime, they think about race, and when people think about race, they think about crime. so we spent time talking to people about racial stereotypes. -- both whites and african-american response. asyou see african-americans being lazy, as violence, do you see them as being hostile, do you see them as respecting authority? and it is astonishing on one level to see how readily people say yes to those cuts of questions. people are fairly willing to admit that they have stereo times, negative stereotypes for various minority groups. the real numbers are much higher than we found because a lot of people do not admit to it, actually feel this way. and there are in many cases very close relationships between how whites perceive african-americans, how negative our stereotypes of african-americans and our views on the criminal justice system are, that the more negatively we tend to stereotype blacks, the more we see this is as being fair. that being that if icf can-americans as viol

on this issue, about a year ago december 2015, i was part of a small delegation representing the amd and also the society of environmental journalists about that particular issue. nothing really happened. they took the meeting. they listened. we talked. but it was a lot of talk and little action. i think that is standard for administrations. they can say they listened. but in reality, nothing really changes. and there's not a lot you can do to change it. what you are doing is one thing. >> that also brings up the whole non-disclosure agreement. federal employees are theoretically going to be asked to sign, which only intelligence agency employees have had to do in the past. if that happens for routine stuff, that will shut down access to a whole bunch of you guys are used to covering. >> i just wondered what you think the purpose is of off the record meetings with the president-elect and how do you think that will play into the coverage? >> the only off the record meeting that i can think of that has been publicized was the with one the tv networks. it's funny you mentioned that one

. >> on fast money, you talk about amd? >> yes, we have. >> holy -- 140% in 12 months.n side play. finally, smallish cap call of the day, smallish, not that small, pharmaceuticals. one of the best ideas for next year, over the next 12 to 18 months, they expect two new products, and advance other in the key trials. the pipeline quote had a productive year and the best is yet to come. top and bottom line should grow nicely. cowan, 150 target on -- 80% up. >> stock has done a whole lot of nothing unless you're trading it every day. >>> three minutes away from the 2:00 p.m. lift. stocks have been moving much higher about that time for the last two trading sessions. will wall street make it three? those new glasses? they are. do i look smarter? yeah, a little. you're making money now, are you investing? well, i've been doing some research. let me introduce you to our broker. how much does he charge? i don't know. okay. uh, do you get your fees back if you're not happy? (dad laughs) wow, you're laughing. that's not the way the world works. well, the world's changing. are you

some thought that, for instance, on gaming that there is stl a lot of market share to be gained from amdthat the margins will go higher and there is an inherent upgrade cycle that has yet to take place. >> it is hard to say what the outlook for demand will be. one thing i worry about is that if u.s. and china relations worsen from here what is going to be the impact to this group because china is the number one buyer of pcs, the number one buyer of smartphones and they're the number one buyer of automotive. and these three and markets account for a substantial portion of revenues for companies like invidia. >> bottom line here is that you're not -- you think invidia has basically had a run, you wouldn't sell in front of ces. who uh- how is it valued now? would you sell? >> the valuation is astronomical. >> so that would be a yes? that would be a sell? >> however, i do think that ces next week and i think you've got a reporting season starting with intel on january 20th, those are going to be positive catalysts for invidia. i would not sell it today. >> we'll leave it there, thank you. >>

i'm still long but the next one is amd. >> i agree with that. >> i haven't dropped a name for a while, caa, best home building stock out. >> jetblue, we forgot about it. >> wow. >> new initiatives, new high company. >> good stuff. thanks. >> love you guys. >> see you tonight at 6:00. "power" starts now. >>> thank you, scott. i am brian sullivan. and breaking news from turkey, a russian diplomat shot earlier today has died. u.s. condemning the attack. turkey is a member of nato. the question is, what will russia do if anything to retaliate? the big long. a man who nailed the big short during the financial crisis now says he's as long as he can be in one sector. that sector name coming up. and you're going to hear from a ceo of palo alto networks, down this year, but a big time turn around coming as the cyberwars heat up? we're going to find out as "power lunch" on a monday begins right now. >>> i'm michelle caruso-cabrera. here's what else is happening at this hour. trading is back to normal following a technical glitch that suspended all trading. french court finding imf chief christi

and led by amd. it's an upgrade. inexpensive. hold the buy. bmo.nexpensive pc related tech had a very nice move. very nice. >> national amusements? >> yeah. wanted to update the news we brought you at 9:00 is now confirmed by national amusements. in a statement that just came out moments ago. saying the company no longer or asked the boards of cbs and viacom to discontinue an exploration and quoting from the letter here, over the past few minutes after careful assessment and we have concluded this is not the right time to merge the companies. going on to say following the management changes that the viacom board put in place we've been impressed with the plan pursued under bob backus' leadership, the new ceo at viacom and not just redstone singing his praises. we'll see, of course. it is interesting days and down almost the same on a percentage basis. viacom maybe some premium thought or hoped might be there and a combination itself to bring cost savings and synergies fairly significant and right there to be captured and not going to happen. at lea

i notice another upgrade of invidia, of amd. >> i made a joke, if i see one more invidia, upgrade, i'llear my hair out. you can see what i did. now tomorrow, i which even know what's left to remove. like all the other upgrades, there's nothing here that we didn't know already. but this one is added to the conviction list. they probably didn't have conviction before, now they have conviction. >> 200% gain so far this year. best s&p stock for those who don't already know. do you think that leads to more chasing in the last few days here? >> yes. >> as a result, we'll be doing our dow 20k special in the days to come? >> i think it's certainly possible. now there's nothing in this nvidia report -- they're using a price target that's dramatically higher. it's got machine learning, artificial intelligence, gaming, auto, remember, i said this is the one, this is american pharoah to intel's secretariat. and this is by 27 furlongs this thing, that's the lead it has on all the other semis. >> then you've got ray dalio, the bridgewater founder, talking about the modern american economy in a trump

the chip sector, in fact, today, notching up a fresh 16-year high thanks to the like of amd and videowhich were both upgraded over at goldman sachs. both hitting an all-time high. also broadcom. that's one of the best performing songs in the chip sector since the dow was last at 10,000. it's up over 1,000% since 2009. but it's not just tech today. today, you take a look and you're seeing a broad range of stocks that are also hitting all-time highs. and i want to note particularly the regional banks. texas bank shares in particular at an all-time high today. and this stock was a $29 stock earlier this year and a big concern that it had a lot of exexposure to shale producers. over the last ten years, since 2009, in fact, we've seen that explosion in shale and the texas bank shares are up about 400% since the dow around 10,000. >> all right, bertha, thank you. no doubt we'll be checking up with you at some point. about 38 minutes left in the trading session with the dow up 68 points. as we get closer to that managic number. a leading trader will tell us what he's watching coming up next.

blockbusters in 2017 that really could be game changing for diseases like depression or migraine or amdi. so we're in really strong position. weariested about our future. maria: sounds like organic growth and small tuck-in deals. >> right. some of the tuck-ins we're doing is science space. we bought a company for gene therapy for blindness. the science is exploding w a pro-growth government an break through science that is strong formula for biopharmaceutical indoes have. maria: thank you so much. brent saunderss ceo of allergan. we'll take a short break. fed chair janet yellen raises interest rates but will she see eye-to-eye with president-elect donald trump? stuart varney. fares across the atlantic for$9. back in a minute. -- $69. maria: all right. we've got more tweets for you, from president-elect donald trump. he just tweeted on russian hacking scandal. he says this, if russia or some other entity was hacking why did the white house wait so long to act? why did they only complain after hillary lost? that's a fair question. >> it's a fair question. obviously donald trump needs meet

turning to chip stock, we have amc and nvidia trading higher with amd looking to buy mizuho.ded to goldman's conviction list. nvidia is up in a big way, up more than 200%. 282%, justyear is up a big winner on the year. david: coming up, we turned back to the tragic attacks in berlin and uncorrupt and here for -- and uncorrupt -- ankara. this is bloomberg. ♪ jonathan: from new york, this is bloomberg. the dollar index the highest 2002, up 4/10 23, of 1%. goldman sachs forecasting another 4.3%. the consensus is quite clear, more dollar strength set to come throughout the year, next year. is really turning into one of the major stories at the end of the year. now we want to turn back to that tragic attack in berlin. german police are hunting for the driver of a heavy truck that you liberally plowed into a german christmas market. the suspect arrested for monday's terrorist attack may not have been the one responsible. isncellor angela merkel going to use the full force of german law to bring the perpetrator to justice. we are joined by nick burns, former secretary of state and n