i own calls in amd do i think it's a bit of a valuation stretch? absolutely, but i love the momentum we see in many so of the names. intel is astock that i hole, like a merck and pfizer and some of the other names i've earned for years. >> just as you and pete were saying, mel, as far as the new ceo, it's more or less, not a clearing of the deck, but certainly the marking made right now by getting rid of this sell to apple and so forth. i think the reason they are doing that is to focus on the more profitable business areas, and so, in other words, get rid of this. >> oh, yeah. >> and then move on to the other. that's the stamp that the ceo's putting on this company. >> let's stick with chips. one of thehottest trades of th year, and that's exactly why our next guest says they are signalling a new high for the markets. tom lee is the head of research and joins us on the phone right now. great to have you with us. >> thanks for having me. >> you're seeing a rally of as much as 10% in the year. what's the catalyst? >> yeah. i think a lot of things ar

they're replacing intel chips, potentially rumored replacing intel chips with amd chips amd is having a stellar year not overbought i would stay with amd over intel. i would fade intel. >> dan >> i am also fading intel but not aggressively here. i think if you see the stock back in the mid to high 40s, i think you buy it i know there are high profiles with chips, amd caught market share. i saw their ceo earlier in the week and he sounded optimistic about all of the things we spent a lot of time talking about, internet of things, autonomy, and the acquisitions they've made i think they're thinking about a much better second half of the year you have to go back to taiwan 70 and what they said, they called the bottom intel is probably a quarter or so behind that. >> coming up, your call of the day. one analyst is making a big bet on movie theaters, but is there still gold on the silver screen? we will debate it later. celebrating the 50th anniversary of the moon landing with out of this world trade four names that can rocket your portfolio higher live from times square in new york city.

the other day someone won $3 million playing a game amd specializes in this. do you see a world where we have a much larger group of gamers including people who may want to go at-to-college at $100,000 a year and the way they get this is an ncaa scholarship for gaming is it growing double digits so we should be thinking about 2020 if i can go out that far i know the analysts can't. >> well, i think that you are right, gaming is a very exciting market and if you think about it, you have gaming now on every platform you have gaming on pcs, consoles, gaming in the cloud. and even on mobile so our world is how do we get the best user experience there i do think gaming is a growth -- secular growth market over the next couple years. i do think our technology is well suited. if you look across all of those markets, at the end of the day being partnered with the biggest gaming companies like microsoft, like season any ioig, google, i gives us a good place to be. >> do you follow the president on twitter because you mentioned list of companies that are you not suppose

up kit a bit afterhours and amd higher than intel which is an interesting dynamic that i'll want to digw, beyond just intel, you have lots of different earnings story, people surprised. google, alphabet had been in the doghouse compared to peers and a lot of people got surprised by these strong results >> for both cloud in focus even though the focus for amazon switched to top line revenue grete questions about cloud momentum falling below the 40% growth level for the first time. can it continue to fund all these expensive forays that amazon is doing? we know one day shipping is going to cost more than that $800 million initially estimated but as the cfo said they've been down this road before and so have investors which is maybe why you're seeing it only down 2% >> earlier today was on pace for the best session in a few years for alphabet and constant currency website growth up 150 basis points sequentially it's the third largest going back four years. a week where we've heard reacceleration, best acceleration a number of years for several companies. >> and we did get that $8 billion a

the expectations were high into amd and not so high into amd look what we got. >> you had some sizable in comps attached to this company and nods we know there were new products and there was competition on intel no one thought was there from amd at this point i don't think it is a surprise. i wouldn't chase it at you will. >> it was 16 bucks on christmas heave. i think it is a pause in a good trend. it is near the 50-day average. i think it is a good level to add exposure here. it is a good chart and maybe the best group i would be adding on any weakness. >> i don't think the -- i don't think guidance was that disastrous i think to everybody's point it ran a little too far maybe too fast buff i got to tell you something, seems to be catching up some steam. it was up 1% during the day. i mean it wouldn't surprise me, given what we have seen and given this tape, if this stock actually traded higher tomorrow. it is something to watch i think. >> really? >> one thing pointed out is chips for gain consoles being a little weak. i don't know if there's bleed through to that or it is a market

. >> amd has outperformed.ntel to tim's point has underperformed i would say you have to take profits in amd right now even though there's been a bunch of positive headlines and rumors about being involved in next generation xbox and microsoft cutting intel chips, adding amd. i think you have a lock in your products i think it is close to 70%, i don't know if i have it right, it could be close to 10% >> what's the best chart in chips? >> i would think it is amd nvidia is trying to bottom you mentioned something important, it is back to safety versus offense you like software better than semis? >> i do. yes. >>that's a defensive posture. >> correct >>> for more on semes head over to cnbc.com. you are watching melissa lee on "fast money", first in business worldwide. in the meantime, here is what is coming up. >> either let us smoke we had, which is our right to do >> bye-bye. >> bye. >> canopy shares a falling after ceo bruce linton said bye-bye to the company. there's something tim seymour says wall street is m

we're dooing micron, amd, wd -- >> what!telling you, these hit today with unusual option activity i bought all three. >> i don't know if it is value for your money or being -- >> no one has ever given three final trades at once i will give you one. amazon, fresh all-time highs, underperforming last six months. take it now. >> grasso. >> you know what has no impact with trade or anything going on? match.com. >> match >> match group. >> what match? >> match group. >> whoa. >> up 71% year-to-date if you want to hold back, wait until it reaches 75. >> are you on that >> steve knows a lot about that. >> final drad? >> soar industries. >> interesting. >> for a >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to make you money. my job is to entertain, educate, teach you, explain

street tells us where the stock goes from here >>> ge raising its outlook but a different story for amd. both stocks on fire this year. how to trade them from here. the "halftime report" starts right now. >> welcome to halftime good to have you with us on this wednesday. our investment committee today, joe terranova, jim leventhal allianz global investment strategist we begin with the countdown to the fed today. that's what everybody is talking about including steve liesman who is in d.c. following the money for us i guess it's pretty much a foregone conclusion on a cut >> i think that's right, scott i think there are some questions as to whether or not the federal reserve also were to end its balance sheet reduction. supposed to do so in september a lot of talk on the street that maybe they do that today along with cutting rates doesn't really make sense to be tightening up financial conditions through reducing the balance sheet along with cutting interest rates and also, i see a big question about the guidance worth taking a look one last time at where the market position -- here are

number three is amd up 706%. this is another one we've been behind i think my squawk on the street host got sick of me praising amd's lisa sue who engineered what may be the single greatest turn around i have ever seen both from queens by the way. my wife is from queens, too. worthless. now at least saved amd from certain bankruptcy and making chips and better and off the wagon and hitched amd here and after the monster multiyear sue federal reserve move next up, this is a tough one you might have missed it it's called amazon yeah am son is that the most obvious stock in history how many companies have not one but two holidays named after them amazon prime day is two days next week when everything is on sale and prices are insane when the s&p ran from 2,000 to 3,000 they rallied 490%. given prime has over 100 million members, this is hard to miss. amazon reinvented retail and it's just getting started. number five obscure unless you watch the show market access up 487%. bringing electronic trading to the market w

amd out with earnings.ig chipmaker and second-best performing stop -- performing stock in the s&p 500. $1.53 billion, slightly above estimates of $1.52 billion. under the hood, if you look at the computer and graphics revenue, as well as some of the other numbers, they might be looking for something a little bit stronger. you are seeing the shares back off by about 7% after hours. caroline: time for a look at what stories are trending across the bloomberg universe. terminal users are reading about the uss gerald ford. only two out of 11 elevators installed needed for the munitions. it is another setback for contractor huntington angles, as well as the navy. they said they planned on testing all the elevators this month. a story on a coal plant in boston that may be reborn in a different form. sere are plans to put in posh tores, apartments, space for events, and a promenade. the project's first stage may be complete in 2022. tictoc on twitter is reporting that nhl commissioner roger goodell is headed to cou

if atlantic equities were asked if you rather between them they would clearly rather amd saying amd iseaching and inflection point and as competitive to intel. >> yep i would agree with them. and with your assessment of that i would take amd over intel. i like them both, though just shows you that people ernt nearly as optimistic enough as micron started that move that you and i talked about last week we had the unusual activity. those were the august 49 calls, folks. more than doublinged since we cited it on friday coldman moved their target up 40%. when you take it from $40 a share to 56 and they are not the only ones. someone else threw a $60 target out there last week. folks selling this thing in the 30s, low 30s god help them when you talk about career risk because that's one of the career risks. >> it makes sense to be watching this and moving inkplentally, getting more constructive. for now we're being patient. we do see these mini cycles for the semiconductor cycles to be honest we're still kind of watching to see if we are coming to the end of the bigger cycle so i think itmak

and the big move we saw on amd today. >> hold off on amd for a second. qualcomm, it is amazing.he size of company this is, since the beginning of 2016 the moves in this stocks over a six-month period is staggering i am about to say something, everybody probably will disagree, but $70 here, you might want to look at this fourth quarter guided. >> i love that. >> it was a disaster. >> you really -- >> no, but this was a $50 stock in january. >> enough. >> it was a $90 stock like a month ago, and here we are at the midpoint of that range tomorrow is going to be a messy day. i get it but 70 is a really interesting entry point. >> apple now, you know, buying intel as part of the business for the smartphone chips, do you want to be in qualcomm >> they might have lowered guidance enough for this current quarter it is worth a do somewhere in the 60s that is probably going back towards 65 before it bottoms out. if you think about that, expectations lower, one thing we know is that they settled a long-standing license dispute with apple apple we know will not have a 5g phone until 2021 th

amd, rough quarter because of a segment that's not exactly core to their business.ectations are rather high because they're the challenger coming back >> and the stock is up, 68% just since the start of the year. it's a big day for earnings. continuing after the bell. and speaking to semiconductors another name, qualcomm, set to report you'll be following those results as well. >> i expect to be talking to the ceo after the release comes out, but before the call. as usual a lot of the questions not going to have to do with the numbers themselves specifically. it's legal issues and, of course, apple stepping into the game buying intel's smartphone modeum business for a billion dollars. that will be a big story tonight coming off the apple quarter and, of course, buckle up for the fed decision in just two hours. let's goat tet to the judge ande half." >> two big stories the first interest rate cut in more than a decade expected in just a couple of hours and apple surging after its earnings report. >> the countdown is on investors bracing for the first rate cut since t

amd down 7.6 percent, the worst day since january.re outlook weighed on by gaming console chips. ge was higher in premarket, but now down 3%. this despite the fact they did raise the outlook. just talking about apple having its best day. take a look at this chart. in pink is apple, and orange amazon, and white soft. last year apple was in the $1 trillion market cap club all by itself. right now trying to get back up there and join microsoft. it will be interesting to see whether investors bid up the shares as the summer goes on. vonnie: abigail, thank you for that. the u.s. and china wrapped up a new round of trade talks in shanghai. the white house called the session projective -- the session productive. still with us, stephen blitz, ts lombard chief u.s. economist. how are you modeling it into your forecasts? steven: basically, we think there's obviously a lot of politics involved in this. there's a lot of midwestern farmers getting hurt by what's going on. i think it becomes kind of like an arms troops. i don't -- arms truce. i don

we will be watching for amd earnings after the bell.md expected to post earnings of $0.08 a share on revenues of about $1.52 billion. over to the nyc right now. >> thank you, bertha we did get some help from proct procter & gamble, great numbers, historic high there. pfizer down another 6% today after being weak yesterday a caterpillar, some of the industrials still slightly trending downward here, even visa, new highs recently didn't have a lot of help today we had some weakness in some of the retailers, some of the car people, carmax, group one, automotive were on the weak side and away saw weakness in some of the hospitals, hco holdings had disappointing earnings down 9% capital one weighing on the financials with that data breach, ryder had a warning there. there's the dow jones industrial average closing down 27 points on the day the s&p 500 couldn't make it into positive territory either the fed tomorrow >>> welcome to the "closing bell" everyone. >> let's take a look at how we finished up the day on wall street lower across the b

but it failed to deliver i agree with les, that amd would be better.ave to tell you, the more i think about what beverly is saying, i don't want the loss taken right now. it can't be this bad at cloudera i think -- i mean, i have to tell you, maybe i'm splitting the baby there but that means kind of both are right. but cloudera was a mistake and you're not going to go wrong with amd all right! listen up. the charts suggest the next few sessions are going to get dicey. but then the s&p is headed higher maybe this is the opportunity. much more "mad money." >>> president trump softening his stance on huawei which companies could see the benefits i am not seeing these names anywhere we've got them here! then i'm taking you inside the world of thin tech and i'm telling you about a stock that might be worth considering. >>> and all your calls, rapid-fire tonight's edition of the "lightning round"! so stick with cramer -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade

nutrient formula recommended by the national eye institute to help reduce the sk of moderate to advanced amdprogression. because it's my sunset, it's how i see my life. it's my vision. preservision >> quijano: we end tonight with a breakout star who has found her path to success pushing past physical barriers. errol barnett has her story. >> reporter: the only thing paige fraser ever dreamed of becoming was a ballerina. >> i went in for a physical, and the doctor made me bend over and bend up, and he said, i see a slight curvature. >> reporter: so when she was diagnosed with scoliosis at age 13, the highly invasive surgery that might correct it scared her. >> i was like, this is insane. my spine literally curved in two places. hearing the word "surgery," knowing that that could and possibly would end my career as a dancer... just the surgery alone consisted of putting rods in your spine. you know, i cried for days. >> reporter: deciding against surgery, fraser turned those tears into fierce tenacity. >> in a ballet class, your hips need to be square. your shoulders need to be square. and all

despite the increased competition from amd, we have intel and amd doing well.nother market where there is need for growth for both of those companies. taylor: thank you. that was bob o'donnell, president and chief analysis at o'donnell research. coming up next, a company is performing the s&p and indexes. will disappointing results this morning change the outlook? don't miss our, interview with u.s. secretary of state mike pompeo. this is bloomberg. ♪ romaine: youngest s&p 500 ceo not named zuckerberg's outperforming s&p and the real estate index. he runs chemical realty with interest in 430 shopping centers around the u.s. and puerto rico. the company did report earnings this morning. he did miss expectations. here to talk about what is going on with the company, thank you for joining us today. you are halfway through some long-term plan to reduce leverage, reshape the business. i would think being a mall owner has to be difficult in this day and age. goal that youin have to continue the profitability, boost the cash flow? >> being a large shopping center owne

second, there is amd up 64%. you probably heard me rave so much about ceo lisa sue that you're sick of it. don't turn the channel what she's done here is nothing short of amazing after spending 30 years playing second to intel, they have chips for the p.c. for the game, data center in fact, it's become more reliable than intel. i said it. i think it might be having the best quarter of the semi conductors it's a buy number three is an odd duck. up 62% this company has been a force in the semi conductor design business but become the premiere subscription based intelligence system designer. reminds me of auto desk up big today. i think the stock could have more upside. i remember from the old days, you have a huge stake in it hedge fund manager the fourth best performer in the s&p, let me move aside to co the,th t and kpee rxerox. it's the keeper and all the data and analytics tools you need and growth portfolio managers love emerging markets even though they are risky and that's why they are the star of the base.

sometimes it's pure pen action amd remains my absolute favorite it caught a rare downgrade from mizuhot downgrade gave sellers ammo to wreck the whole group as a result, lrcx my fave equipment maker not a semi company, but equipment maker got slammed. big mistake. why? another semiconductor named asml made a bold call in europe the bottom is in for this segment of the industry boom lam came right back up, the stock gaining 3.4% one of the biggest changes from down to up i've seen in ages anyone who sold the stock off amd downgrade, you're an idiot, a chowder head >> chowder head. >> i don't know how many different ways i can say this. don't mess around with premarket trading, sparky. don't buy or sell based on earnings until you listen to the annual conference call, chief. the headlines are not enough and they will often mislead anyone who is too trigger happy. nobody's making you swing at these curve balls, sunshine. just be patient and keep your bag on your shoulder until you have all the information it's not that hard stick with cramer. this is his family, the world he's built, for

what's been a fantastic few weeks for the group. 15% as a whole micron, nvidia, up double digits >> amdas one and a half times that of calls interesting trade that caught my eye shortly after noon today when the stock was trading 31.31. a buoy of 10,000 of the august 2nd puts that covers their earnings announcement that should come in the last week of july. but here's thing here's a stock that's massively outperformed up 70% up almost 100% from it's 52 week lows while a lot of name that we know and we talk about quite frequently have underperformed the broad market, amd has outperformed much smaller market cap than some others, intel and nvidia this chart has been a really nice stair step. holding that uptrend from the december lows here, the sentiment has been very positive with we know they have a lead on some chesapeake with intel releasing some new ones. by the same token bad press last week in the "wall street journal" again getting blasted by their ceo saying how they've been very cooperative with organizations or companies in china that are cozy with the chinese military this thi

i would buy amd or nvidia. >> how about a bigger picture read on this we said 10% in the gain?> here is what i take away from taiwan semi, it is a company that guided down a couple of times in the last year and said we have seen the bottom of the cycle and we expect demand to increase in second half of the year those are the sort of confidence and outlook we've not heard from cyclical ceos of companies that's interesting that said, if you look at taiwan semi, it has been amazingly volatile stock since 2018. there's been three peak declines of 20% here so getting back to the prior highs. look what they did there getting back to prior highs, but i think we need some more data on trade before you want to play something like this for a breakout. >> to me i see the whole space as sort of a sentiment trade i'm not of that sentiment right now. i'm nervous about the economy and a trade deal so i'm staying away from the whole space. >> i have a would you rather. >> i love this game. would you rather. >> the upgrade on sty works solution, would you rather skyworks solution or the qualcom

. >> a pop of color really helps people living with amd. >> one thing that's important is contrast andin a space. if you have somebody suffering from declining vision or know somebody who is, add contrast and color to the space because it helps them to find where things are. >> absolutely. >> so that is definitely number one. >> thumb two, i love this tip too also about texture. tips you give in normal design. >> universal design tips but actually super helpful and i noted that you put down this contra contrasting -- >> yes. >> again, really easy to do. but you want people to know where things end and things begin so tape on the border of a rug, tape on stairs is really great. you can get kind of crazy with it and do like fun colors if you want to. i've even taped like the edges of lamp 145ids so when trying to find the button on a lamp your hand knows where to go. >> speaking of lighting yet another way. >> so this is, again, like lara, another design principle. but in old sort of traditional design what was considered good manners was that anyone who had a seat in the room had their

. >> but steve says thewe huai announcement was unclear for nvidiahip companies like and amd. while he thinks those companies ultimately trade sahigher, h their products do represent potential national security risks. as a sector, t where do semis head from here? analysts note that the second halfs of the year a typically strong one for chips, but they point out if chip stocks are going to keep posting gains, investors need to see continued signs ode progress. for "nightly business report," i'm josh lipton in san francisc >>> and there was also this news out of the semi conductor sector. chip equipment maker applied materials is buying kokasai electric for a little over $2 billion. the japanese firm makes wireless equipment. that sent shares higher by nearly 2% today. >>> and while the chip secsr rallying on the temporary truce, intellectual property is still key sticking point between the u.s. and china, and it's not just the chip companies that are vulnerable. joining us to discuss that and is stands to win or lose timothy lesko, principal at grtite investm advisers. good to

nutrient formula recommended by the national eye institute to help reduce the risk of moderate to advanced amd man: because it's my sunset, it's how i see my life. it's my vision. preservision. >> o'donnell: today, the breast implant maker allergan recalled its "biocell textured" implants because of the risk of a rare plpe of cancer. the f.d.a. asked for the recall after 481 cancer cases and at aast a dozen deaths were linked to the implants. the f.d.a. is not recommending that hundreds of thousands of american women have these implants removed, but they are cged to check with their doctors if they have pain or swelling. there is breaking news tonight. help is on the way for kids who could not afford school lunch. the wyoming valley west school district in pennsylvania had sent letters to 40 families who owed at least $10 for their kids' lunches. the district then threatened to put the kids in foster care if their parents didn't pay. well, this week, todd carmichael, a philadelphia businessman, offered to pay off the debt of $22,000, but he was turned down. well, late today, multiple sources t

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chip stocks skyrocketed, nvidia an amd up 700% in the last five years.ve seen big gamesrom broadcom and zie link as well. the bigger companies get bigger andigger, particularly tech related companies. cisco is another example. ere are a few non-tech outliers like united health and home depot that have been big performers but not many. energy stock is down lling, which is no surprise. oil was $500 five years ago and $60 today. the other losing sector is retailersng inclu stock's like macy's and gap downat big. oes it mean that a handful of titans have come toin de the market? it is about growth. growth is hard to find globa iy soestors are willing to pay up almost anything for growth wherever they can find it. for "nightly business report", i'm bani at the new york stock exchange. >>> so with the market at new highshat should you do right now? joining us to talk about that is patrick chivonic, the chief strategist. welcome, patrick. nice to>>ee you again. hello. >> is it more difficult to navigate the market at new highs? >> right now the economy is more

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a group which has campaigned against the use of amd is by universities once a total ban —— ndas. celebrate 50 years since man stepped on the moon for the very first time. special ceremonies in london and washington marked the exact moment that neil armstrong stepped out of the lunar module. back then the event was watched by a global tv audience of around 600 million. six puppies that were stolen by burglars who had machetes have been reunited with their mother after they were found by police. they were taken by two men who managed to get access to a flat in the north of manchester. when their mother — zena — tried to defend them she was slashed in the face. you can see the damage that was inflicted on her. a ao—year—old man has been arrested on suspicion of aggravated burglary and remains in custody for questioning. ido like i do like a happy ending. it is time for a look at the weather with chris. the weather is going to get much hotter across england and wales. across northern ireland and scotland the rain is going to come down heavily through the rest of the afternoon, there

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also, chipmaker amd reporting earnings. shares fell after the company reported second-quarter results. earnings-per-share fell in line with analyst estimates but the company gave a softer third-quarter forecast. huawei caught in the middle of a trade war and president trump's national security concerns. the chair of the telecom giant, next. this is bloomberg. ♪ emily: huawei continues to face the fallout of the trouble administration' -- the trump administration's attempts to thwart it. tom mackenzie sat down for an exclusive interview with the huawei chair on the company's shenzhen campus. they talked about how they can survive without google's android operating system. >> we don't know when the u.s. will make the decision on android and when that decision will come. we have to make preparations for our products. we will evaluate our strategy for the overseas market. if we are not able to use android, we have the ability to develop our own operating system and ecosystem which would become the basis of our services to the c

you mentioned amd.egin with qualcomm because qualcomm is still waiting to get paid for a variety of products that while way -- huawei built in china on behalf of qualcomm. the 5g story has to do with chips that do everything from measure the efficiency of the to the ability of the device to use both high-frequency and medium frequency spectrum, and qualcomm tradebig advantage, but disputes with china, battles with quality, that is not something that has settled well with investors and qualcomm has said they might not the able to meet earnings estimates. emily: lots of big news. thanks for breaking it down. good to have you with us. ibm has lit up as many as 100,000 workers in recent years. facing severalre lawsuits claiming age discrimination against older workers. a former employee alleges it was part of an attempt to make ibm appear cool and trendy as it tried to appeal to millennials. bolivia, there are a number of different losses here. talk to us about the allegations. olivia: we have a class-actio

idging by the analysts' notes have read, the concern seems to be that amd will put your gross margin pressure. what is your answer to that? bob: first, we have a great lineup of products as we go into the second half of the year. for our data center business, we launched a product we called cascade lake which performance was is a real differentiator in the market. secondly for rpc business -- our pc business, we just launched our core 10 processor that will have systems on the shelf in the holiday season. we look at our lineup of products and we feel very good as we go through the second half of the year in terms of 2020. as we are building the high-performance products that our customers expect from us and with that high-performance, we have been able to get a premium price in the market. so, we have a great lineup. we know we have competitive dynamics and that is the challenge you have when the market you are going after is extremely large. you have competition that enters the fray. we feel good about our lineup of products in our relationships with our customers. guy: you are sayi

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amd, this has been one of the chip stories that has been a momentum stock.y disappointed in a big way by coming online and talking about gaming chip command down and that is putting pressure. shery: thank you so much for that. from earnings to economic data to trade talks, investors are weighing optimism against pessimism. susan schmidt is developing a strategy for both sides of that coin and she joins us here in new york. great to have you with us. so much to consider in today's session but let's get started with the fed and expert tatian's of a rate cut because as we see on that -- expectations of a rate cut because as we see on the chart, we see the s&p 500 moving in opposite direction. bottom panel, the correlation between the two. a goldilocks scenario when the markets don't see that bad economic data is leading to a recession, but at the same time a fed insurance cut could be great for the market but how long will this last? susan: the percent is definitely baked in. i think the 50 basis points coming down would be a big surprise to the market and that

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nutrient formula recommended by the national eye institute to help reduce the risk of moderate to advanced amdession. man: because it's my sunset, it's how i see my life. it's my vision. preservision. >> tucker: on the hill today, hannity and must watch tonight. lawmakers react. we will all break it down for you, tell you what it means for the president and the country. can't miss hannity tonight at nine. >> i think robert miller did a horrible job both today and with respect to the investigation, but in all fairness to robert mueller, he had nothing to work with. i don't think there's anybody that would say he did well. i looked at your people. they say it was devastating for the democrats. the performance was obviously not very good. he had a lot of problems. but what he showed more than anything else is that this whole thing has been three years of embarrassment and waste of time for our country. the democrats had nothing, and now they have less than nothing. >> tucker: there was a lot that was sad and frustrating about the spectacle we saw today. it also seems like the end of something big

imports from south korea is blurring its outlook for the rest of the year shares are down 2.5% >>> and amdould be your disaster that stock down 5% right now second quarter earnings were in line with estimates and sales did beat, but the company's third quarter outlook hit by chips used in gaming consoles. >>> still to come, rising tensions in the korean peninsula overnight. what north korea did that make tick off the white house. >>> and you can call it base brawl. the reds and pirates going at it last night, punches thrown we'll show you a big benches-clearing battle when we come back. >>> welcome back happy wednesday. stock futures are up right now, just about 75 points most of that is apple. still we'll take it. we're in the green let's check on the other top headlines, including more on that massive baseball brawl last night. phillip mena has more on that. good morning >>> good morning denuclearization thrown into disarray after north korea fired two short-range ballistic missiles off its eastern coast it's the second missile launch in less than a week. kim jong-un sending a warning to

nutrient formula recommended by the national eye institute to help reduce the risk of moderate to advanced amdon. because it's my sunset, it's how i see my life. it's my vision. preservision >> tucker: welcome back to our special edition of "tucker carlson tonight" inside the issues. a lot of debate over elizabeth warren's background. is she white? or is she a member of a native-american tribe based on an ancestor hundreds of thousands of years ago. what sex is elizabeth warren? well, she decided to answer the question without being asked. her twitter biography was updateed to list her pronouns. she and her. if you are speaking about elizabeth warren, she and her are her preferred pronouns. a new york based journalist joins us tonight. you had no idea what pronouns to use for elizabeth warren? >> no, because i am not a bigot. why would i assume what her pronouns are? >> tucker: [laughing]. >> maybe she is 1,100th transgeppeders. i -- transgender. i expected more out of you. >> tucker: i mean, this whole story, the broader story of transgender politics, most people are not mad about transgender

our trading nation team today, craig, amd was really the clear outperformer among these two for the pasthe last maybe month micron has made a catch-up move. what do you see them doing from here >> from a relative perspective i'm going to be betting on the micron here. it's poised to break out i think micron has the edge. >> obviously these companies operate in somewhat different segments how does that all play into what you would prefer to bet on here if there was one you would prefer over another? >> mike, i like micron as well not only did it go down with the dram pricing glut, 50% of micron's revenues from china so it's extremely susceptible to headline risk. this is a stock now seeing a rebound with the dram pricing should correlate with nice bump in revenue a great sheet. forward earnings are going to be improving. it can play catch-up we're long micron and i would be a buyer here >> all right i guess headline risk is headline opportunity depending on what those headlines say. we will watch it, craig and quinn. for more "trading nation" follow us on twitter @tradingnation >> ahead o

nutrient formula recommended by the national eye institute to help reduce the risk of moderate to advanced amd's my sunset, it's how i see my life. it's my vision. preservision. ...when a plan stops being a plan and gets set into motion. today's merrill can help you get there with the people, tools, and personalized advice to help turn your ambitions into action. what would you like the power to do? >>> welcome back. registered sex offender jeffrey epstein back in jail today. a federal judgeq in manhattan decided that his trial is 5%2 o begin in at least june of 2020. that's a long time from now. he is charged with sexçó trafficking underage girls. he has pleaded not guilty.q joining us now, jonathane1 dien. s(ould you see his injuries? >> no. but thee1 question is how did h ñ how was he found lying in a fetal positionfá on the floor wh apparent bruises to hisx:rujti from a week ago? the question is, was it a ruse to try to get transferred? an attempt suicide? or did another inmate attack him? that investigation ongoing as of now. no clear answers. >> the trial is just under a year from now.

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