better known as amd.eadership of lisa su, amd has transformed itself from a maker of second-rate processors and graphic chips into a high performance chip maker that can go toe to toe with intel or nvidia the company keeps taking market share left and right amd got hit today, sinking 3.6s today after boutique research firm downgraded it based on valuation concerns you know i think they're missing the point and the stock is a buy so let's dig in deep were one of the most bankable execs in the world, lisa su, the president and ceo of amd to make better sense of the incredible story and the turnaround five years deep lisa su, welcome back to "mad money. lisa, congratulations. it's been five years dollar 80, i count to $39. should we call that a successful journey or should we talk about product and success? >> jim, it's great to be here, especially with you here in san francisco. >> thank you. >> i'm really excited about what we've done over the last five years. it is all about product. as i say, we are abou

will get to macy's, relatively constructive comments out of intel apple, of course, downgrades for amd and restoration hardware and the swirl of trade headlines we got overnight. here's a look at furutes we are back in a minute. we are back in a minute. >>ow. the van just talked. sales guy, give 'em the employee price, then gimme your foot. hands-free sliding doors, stow 'n go seats. can your car do this? man, y'all getting a hook up and y'all don't even work here. don't act like i'm not doing y'all a favor. y'all should be singing my praises. pacificaaaaa! with employee pricing, get $4,107 below msrp plus $1,000 bonus cash plus 0% financing for 60 months on the 2020 pacifica limited

amd is more on the cpu side.ing is a rotation the cloud companies wanting to do more of their own networking stuff, and that's i think the impact you're seeing on arista everything else is up and to the right. cpu and storage is going to continue the boom for many, many years. >> you have key clients. a and the key client amazon. microsoft, azure, google, cloud. they all have their link they're constrained, right >> i don't know if they're constrained, but they are booming. >> that's what i mean. it's been a fantastic ride for us, having no sales in that business four years ago. it's about 40% of our company's revenue right now, and it's accelerating. >> i see financials very big too. so what happens? is that backup what are they doing? >> no, no. financials in the industry, we've done a really nice job so a couple years ago, we acquired the chicago mercantile's exchange data center in chicago. so all the futures trading goes through our facility in chicago. well tied that into platform we acquired a couple of ye

amd. >> come on. >> amd and all in the processing units are growing. this is overbought up 108%. but it's still going higher. >> looks like a cozy blanket. >> that's a nice blanc et. >> i would have had you in leprd, steve. >> i got something cozier. >> cozier than the blank zbleet 100% the mister rogers movie coming out. you familiar with mister rogers. >> he takes his shoes off. >> he put the slippers on, the mister rogers. when i was a kid i watched that. tom hanks portrayal is oscarworthy. but people don't know that he likes the chipotle mexican grill. cmg and it sold off in a meaningful way after earnings in october. it's sold off enough to dip the toe. i had to. >> is your foot a size 6, women's. >> women's >> not -- sorry, man i'm sorry. >> you're not sorry. >> keep going. >> no, it's fine my feet are what they are. >> they're dainty. >> they're dancer feet >> good for you. >> love them >> all right. >> still want to know your pick. >> cmg, the mister rogers pick. >> nice work. >> any thoughts on each other's trades >> well tell you i think steve outside of his blanket i l

we lost money for seven years before the combination of this now lifetime, amd and history.uring that time of course we were both hearing from despite the supporting boards, seven years is a long time. we hope you know what you're doing. ultimately they said we hit the market. on specifics, when espn became an opportunity for us, we decided sports is sure fire and i got a lot of pushback because the main programming theme was tractor pulls at that time. but you just knew. we were losing money but you could tell that it was going to work and that is one of the principles of business. we notice and television guys will told you we can see if a program is working even though it is working on the incrementally used a with it and some of the most successful ones that's what happened to them, they did and do great in the early days and we knew this was going to work and then of course when we put espn together with it they gave us a powerful part of our company that is today the largest single section of the company and plays the role today magazines played in funding the expansio

two of them, semiconductors lam research and amd have doubled. in the bond market, not moving too much down a bit today 1.74%. yields have ticked down a bit has stocks have had a little weakness around the world, pay attention to asia. we have drops across the board japan's numbers are weaker that is the biggest drop since 2016 the chinese market both domestic and hong kong are down one of the few indices down this year globally. also keep an eye on the interbank lending. it remains high. the cost they use to charge each other. it has gone up in europe, we are seeing more red on the screen. those markets have been read hot. european markets are down a half to 1%. these are markets down a bit of a pull back do want to do a quick check on the energy markets after a rough day for oil. coming off the worst day for performance. oil now off 17% from its 52-week highs adding so much pressure. now all the focus will return to the meeting and the pricing from the day before we'll talk oil in about 10 minutes. >> right now to your top business stories boei

to major league sports which today is a part of it but you just knew that we know that lifetime and amd were losing money but you could tell it was going to work and that's one of the principles of business . you know this and television. these guys will tell you when you can see a program is working even though it's working only incrementally you stay with it and some of the most successful ones, that's what happened. they didn't do great in the early days and we knew this was going to work and of course with espn, it gave us a powerful part of our company. it's today the largest single section of our company and plays the role today that magazines played in funding the expansion that we had initially. >> you know that a transactional society today it's more than ever because of the president we have, not getting into his ego in the transactionalsense, everything is show me the money . cuba gooding although he has his own problems right now everybody does. but this idea of leave some money on the table, you have this moment in the book where you and willard are talking and will i think

. >> no, of course not >> jim, a lot of talk yesterday about amd having the fifth highest rsi of the 3,000. and wondering whether or not you think it is time to ring the register here. >> no. no lisa su has an unbelievable lineup of chips. i think she is the only person to give jensen huang a run for his money. on last night for nvidia what a story about landing people on mars, with the ship actually hurling at 10,000 miles a second and he can -- he found a way to model it so it won't crash lisa su and jensen huang are the winners in that segment. let's not forget that broadcom is doing very well too so i would not sell amd, not here, not with this momentum, not stock momentum, momentum in chips. i really think lisa su has a fabulous lineup versus intel >> is jensen huang creating the matrix is that what's going on here >> i don't think it was jensen huang. i think artificial intelligence version of him, in simulation. he's unbelievable. that jacket -- i got to get one of those jackets maybe that's what makes it happen. >> what is he modeling modeling going to mars >> landing a bunch

only amd is better amd is at 231% return over that period of time >> scott, how about this it is their best pick for 2020. >> that's what i said. >> after that it's the best pick man, that's a -- that's some savage upgrade for that stock in 2020. >> if you believe in the digital strategy going from 18% to 35% over the next couple years that has massive margin implications. that mix in itself it's hard to justify it had a nice move. but my thinking is maybe it isn't 45 times earnings because the margins are underrepresented or underappreciated. maybe the earnings power is a lot higher than what is out there. you can make a case, i'm not making that case, but i can understand if this digital initiative is something to go off of, which i think it is, and this ceo can pull it off, which we know he can it's an interesting story. >> this has to be, dare i say, one of the greatest if not the greatest turn around stock story of all time. >> it's a miracle. probably no other examples you can cite of a company that was this universally loathed by wall street but i think that's interesting is the

up next, amd looking at its longest win streak since 2012. why this notoriously volatile stock is doing so well when "the claman countdown" comes right back. ♪ ♪ ♪ ♪ ♪ ♪ like very high triglycerides, can be tough. you diet. exercise. but if you're also taking fish oil supplements, you should know, they are not fda-approved, they may have saturated fat and may even raise bad cholesterol. to treat very high triglycerides, discover the science of prescription vascepa. proven in multiple clinical trials, vascepa, along with diet, is the only prescription epa treatment, approved by the fda to lower very high triglycerides by 33%, without raising bad cholesterol. look. it's clear. there's only one prescription epa vascepa. vascepa is not right for everyone. do not take vascepa if you are allergic to icosapent ethyl or any inactive ingredient in vascepa. tell your doctor if you are allergic to fish or shellfish, have liver problems or other medical conditions and about any medications you take, especially those that may affect blood clotting. 2.3% o

when you look at amd, its stock has been soaring you know i'm a big fan of amd's lisa su. when she reported stock it went to the low 30s and up to 38. red hot pc and gaming market, robust data center for them. and that's why i think you can scene screaming higher the stock can hit 38 today on the other hand, texas instruments has skewed for the enterprise, especially things autos. too much weakness in the industrial economy for the longest time this market loved enterprise-oriented tech stocks investors believe they'd could keep working because they needed to upgrade in order to stay competitive that is no longer the case there are some things mentioned in brexit and hong kong and china, these stocks, they have effectively turned into market punching bags. right now the whole tech sector feels fraught buzz of the widely vary confidence of a customer. next week is extravaganza that showcases the best of the software and services committee as well as luminary, ex-president, ceo of the largest company in the world, you get the picture. you know i'm a huge believer in the clou

where he's seeing opportunities in this market right now nvidia, applied materials, qualcomm, amd, and more. a ton of stocks getting their price targets raised we'll break down the calls and tell you how to play these names from here. the investment committee is ready to go. "the halftime report" starts right now. >>> welcome. good to have you with us on this friday our investment committee here today joe terranova, john levanthal, josh brown, and marc lasry is here. let's fwin with the markets. stocks extending gains, more trade optimism marc, good to see you again. thanks for being here. i'll turn to you first we're looking at the major averages dow is about 70 points from 28,000 what do you make of the markets in the here and now? are you surprised we are where we are in. >> yeah. i'm very surprised, actually >> why so? >> well, if you sort of look ate it, gdp growth is slowing down you've got issues sort of everywhere you're turning. and yet the market keeps hitting new highs. i think that's -- it's great if you're an equity investor for what we do we need sort of the market and gd

amd ground graded to out perform to market form. they expect profit taking in 20.he price target is 36. the stock fell 3.5% to 39.50. the but the stouk doubled so far thistear making it the b performer in the s&p 500. >>> carnival cruise line was downgraded citing recently analysis of booking and price. cu the price tart is $47. the shares fell ac fredehun to 43.02 sfloot rh formerly known as restoration hardware downgraded to hold at luke capitaarkets the analyst citing the values. it's had a big run. pricearget new $190. the stock continued higher to 195.08. >>> and duke energy was upgraded to overth from w equalght at barclays. citing the valuation following pennsylvania 10% decline over the past month. price target now $98. the stock down a fraction to 86.66. >> stilling ahead, the next major medical breakthrough and how to pay for it. ♪ ♪ ♪ ♪ >>> in washington, house speaker nancy pelosi cast doubtn the possibility of passing the new nafta trade deal, known as t usmca. she had previously characterized an agrment as imminent. but today she said she is not sure

look at the fang stocks, look at stocks like nvidia and amd. look at all the risks around the world. china, hong kong, syria, russia, impeachment, brexit and the vix as you mentioned being around 11, this is starting to get to levels where it usually bounces from here or doesn't go much lower, so you still want to be invested in quality companies, but to me, this is still not the time to go all in. kristina: what do you mean by quality? what do you mean by quality? >> i will give you stocks i have invested in. amd, nvidia, google, stocks that have a lot of cash on hand, especially stocks like google that have a powerful position, or some stocks that pay good dividends, also look at microsoft, but these are the stocks that are leading the entire market up. those are the things you want to be invested in, not too many high flyers. i would stay away from some of the other stuff that's moving on momentum like tesla. it's not a time to be in it right now. kristina: unfortunately, we have to leave it there. i feel like we get really dragged down on w

there is no doubt if you speak to their executives, they'll say lisa sue has done an amazing jo at amd she's not in ai at their level. no one is. no one is at their level you can basically -- here's one. you like a song? would you like violins in the song you can use that artificial intelligence and decide, listen, i'll put violins in the song it learns the song the machine learns the darn song listen, billy joel, and decide you want to put -- there is only ten instruments they can put it. i met billy joel the other day, he said, can i have a selfie billy joel, me, selfie, me he said separated at birth he asked me for a selfie. >> i'm aware. >> do you know how many times i wanted his picture does he know i'm the spokesman for the american migraine association. >> knows that too. opening bell coming your way each day our planet awakens with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks

amd hitting its highest level since march of 2006 and is it now the best performing stock in the s&phis year. "the exchange" will be back "the exchange" will be back right after this long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the ings ahead. talk to your advisor about brighthouse smartcare. brighthouse financial. build for what's ahead℠ brighthouse financial. we believe in education built for all people., - [woman] snhu was the best experience of my life. - [man] without snhu, i wouldn't be the leader i am today. - [woman] i graduated high school 19 years ago. i still finished. - [man] in the military, you feel that sense of accomplishment. that's what snhu is. - you will march from this arena and say to the world.. i did it. - [woman] you did it. i love you. - [graduate] i love you too. woi felt completely helpless.hed online. my entire career and business were in jeopardy. i called reputation defender. vo: take control of your online reputation. get your free reputation report card at reputatio

let's start with the times amd the story that everyone is talking about: in an unprecedented move into said jeremy corbyn‘s handling of anti—semitism makes him "unfit for high office" while warning that the "very soul of our nation is at stake" in next month's general election. and the sun newspaper with some extraordinary figures, thatjust 30,000 voters hold the fate of the uk in their hands. if borisjohnson is to triumph he needs 25 marginal labour and lib dem seats to swing his way. staying with politics the telegraph has the headline, ‘labour denies plot to sacrifice 00:05:52,224 --> 4294966103:13:29,430 corbyn‘. a senior advisor to labour has suggested corbyn‘s future could be up for discussion if a deal with the snp or lib dems is to be agreed. the guardian reports that child poverty is at risk of rising to a 60 year high under a conservative government, that's according to a think tank analysis. the metro leads with: ‘taxi for uber‘ — uber has been stripped of its licence to operate in london after regulators found at least 1a,000 uninsured rides had been provided by drivers usi

amd is the name, jim. >> something that really just strikes me as being talking about all-star do youw kalyn said after a meeting with lisa sue, after a meeting with the ceo, they're confident and they got to raise their price target they have nothing else, 347, lisa sue is so impressive. now last week we had quarter -- i happen to like the nvidia call a lot of people are saying amd is ahead of nvidia when it comes to gaming. lisa sue will be on the show on thursday look at this stock, david. up 130% this year. how many of those do you have? >> i don't have many i'm not allowed to own stock, other than comcast, up 33%, we're in the complaining. >> i know this is about you, a rhetorical question. >> i thought i would answer. >> i'm so glad you were so granular i just like the fact that amd reported in the last quarter that people didn't really care for her. and lisa sue is such an mvp player, you know what, she -- brady didn't have a good game. i think she's better than brady. >> yeah. >> she's better than brady. >> he was throwing the ball all over the place and not necessarily -- >>

good as it used to be they are having difficulties getting a gp appointment, or last time they visited amd a wait. it is a sense of, things used to be better, and labour are saying, we can get the nhs back to that. they are suggesting returning the nhs to its roots, so they are not talking about internal markets or reforms or contracting out services or a bigger role for the private sector. indeed, they are talking about easing out the private sector and returning the nhs to a state funded service. and yes, there will be many, many more staff, 24,000 more nurses, many of them british nurses who will be employed because they are reintroducing nurse bursaries, but many also will be eu nurses because they are going to keep freedom of movement for eu nationals working in the nhs. but elections are often decided by the issue, and it is clear the tories wa nt issue, and it is clear the tories want it to be brexit, borisjohnson wa nts want it to be brexit, borisjohnson wants the message and the idea to be, let's get brexit done. labour would dearly like it to be, let's get the nhs back on its fee

amd up more than 100%. >> if you would ask me where what i put my money, this is probably my favorite sector. well-defined very bullish ascending triangle. it stopped at 35 level and was pushed back and rejected plenty of times. the bears got pushed aside during a six-week winning streak. i think we can enter this name or 39.llback toward 30 i have a price target of 55. >> if we were to polak higher -- think there isu a chance this could be a false initial reaction or du really like it? you would use any weakness as a buying opportunity. a it is not uncommon for breakup to be retested. this will come back, i don't know it's going to come back to 39 looksvel but 38 or like a good place to start . this stock was not participating at all in the chip rally early this year than it just exploded recently. butas a little confusing this move, you cannot argue with the price action. the buyers are trying to take control. thank you for joining us. great commentary on the chips. it from new york, this is bloomberg. ♪ >> now to asia ahead, the u.s. is expected to vote on the bill soon. china is t

you look at names like amd, breaking a down trend, a 20-year down trend i think there's a strong possibility we continue. there we go. real quick we're not going to fall in to resisting until about 150. all the way from the credit crisis low i like the group pretty long history of leading the stocks in semiconductor demand does that make sense to you? >> maybe i think what we're looking at is a catch up trade i think active managers are trying to find the hotmomentum group. i think that works into the end of the year. we're not a fan of facing momentum traders can play the same type of catch up trade. look at the small cap index. an index that hasn't done anything this year i think you've got a really nice risk reward bying the iwm with a 5% stock >> thaunk you very much head to our website or follow us on twitter tyler, back to you >>> ahead, one department store wants you to fork over some serious gold to see santa. we're not talking cookie dough >>> disney's whole new world disney plus launching today. >>> juul expected to cut 650 jobs as it looks to cut costs. the burning question, what'

plus a book bombshell, former amd nikki haley spills secrets about the whispers in the halls of the west. where she said no to the recruitment effort and why washington might be missing the bigger story here. we've got an expert panel of reporters, analysts standing by all across the country on this veterans day holiday. i want to start with garrett haake on capitol hill, and geoff bennett at the white house, and pete williams who is covering a court hearing today that could affect all of the impeachment proceedings. garrett, let me start with you and set the scene. i know that it is a federal holiday, but members of congress are getting ready for a big week and we may see some new transcripts today, too. >> reporter: that's right. democrats have spent the last couple of days trying to burnish the resumes of the star witnesses. they want to talk up these are career diplomats, folks who have spent their lives in service of this country and they should be believed when they show up for the first hearing on wednesday and friday, and describe the

the latest example, former amd to the uv nikki haley is talking about how privately she stood up to thers. however, she stays far away from criticizing him. >> any question about his truthfulness, his ability to tell the truth? >> savannah, i talked to him multiple times and when i had issues he always heard me out. i never had any concern on whether he could handle the job ever. >> what about his truthfulness, did you think he was a truthful person? >> yes. in every instance that i dealt with him, he was truthful, he listened and he was great to work with. >> this comes as former national security adviser john bolton has just signed a book deal himself and mick mulvaney are at odds over toestifying in the impeachment inquiry. the lawyer from bolton and his attorney went to court and said he has aligned himself fully and completely with the president and should not be allowed to join the lawsuit already filed. mulvaney then withdrew his effort to join the lawsuit and suggested he's going to pursue his own. joining me how white house correspondent peter baker. let's start with bolton. we

, artificial intelligence chips there also is a gaming chip that is very good i think lisa sue from amdtalking about tremendous gaming chips. intel, big booster, intel having so much trouble, making chips. but the piece is about how they fell behind in gaming, that's no longer the case. it is all in the data center, no longer the case. they're well ahead in machine learning voice was a continuous email, dream force, anybody with good voice is able to leapfrog and nvidia's chips are best in voice. and understand, that's something that is so important, think about it, think about how much idiom you use in a given day versus how straight you talk know what i mean >> kind of. >> like i said to david, it knows i'm being sarcastic and booking is better than mine. they're saying that's some booking, meaning, well -- >> right. >> so believe it or not, people are buzzing about his chips. they love him. they can -- >> do you know sarcasm >> yes his chips detect sarcasm and do shadow in gaming that's how you know -- and, by the way, can i tell you that jensen developed it. the idea you have foresh

and amd is the beneficiary lisa su.two ways about it buy amd. >> we got a record at the open slid back a touch here let's get to seema mody. >> 24 record closes for the s&p. ten minutes into trade, we're slightly lower for the dow and nasdaq and s&p at the open markets digesting the latest xhen tare writ commentary from the chinese, consensus on properly reserving relevant issues, but still unclear as to whether a compromise will be reached before that december 15th timeline, when the new tariffs are set to increase. we're watching shares of alibaba closely, gaining over 6% in hong kong trade after raising $11 billion in secondary listing, easily the biggest offering this year remember, uber raised about $8 billion back in may. and now we have to see what we'll get from saudi aramco in december take a look at shares of alibaba, worth noting outperforming other chinese tech stocks this year, up about 14% versus the msci china etf up over 14% two stocks in notice this morning, macquarie initiating square at outperform ana

will get to macy's, relatively constructive comments out of intel apple, of course, downgrades for amd and restoration hardware and the swirl of trade headlines we got overnight. here's a look at furutes we are back in a minute. we are back in a minute. >>ow. the van just talked. sales guy, give 'em the employee price, then gimme your foot. hands-free sliding doors, stow 'n go seats. can your car do this? man, y'all getting a hook up and y'all don't even work here. don't act like i'm not doing y'all a favor. y'all should be singing my praises. pacificaaaaa! with employee pricing, get $4,107 below msrp plus $1,000 bonus cash plus 0% financing for 60 months on the 2020 pacifica limited welcome back to "squawk in the street". i'm david faber, liberty media's investor day we love the broadcast, of course, with that big news about that possible tie-up with schwab and ameritrade one deal that has yet to happen and seems to be frustrating one party is xerox and hb. er is zer objectitha /* /- xero they were disappointed in the response from the company. what was the response? well, it appears

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i'm not concerned about the multiple in this momentum market another name is amd. this has been the most storied stock. love this chart. trading 35 times the earning, double the snp we're trading in the 40s i see no reason we shouldn't get s into the 50s i own this stock >> we'll see if it can put some distance between the 25-year trend you have there you can find value even in high multiple stocks. where would you go >> we're not a big fan of chasing the momentum i think previous guest is right, these are strong upside trends they justify the valuation because they have incredible cash flow. facebook, incredible valuation we think square stock has been beaten up enough totally unrelated but as a trade we like lyft here and think that's bottom. we do find areas out there that are not yet stretched fundamentally that are attractive from a trading perspective. >> all right lyft may or may not be a tech company but is a bit of a contrary pick there. head to our website or follow us on twitter at trading nation back over to you >>> thank you very much. coming up, an ex

amd nikki haley spills secrets about the whispers in the halls of the west wing. where she said no to the recruitment effort and why washington might be missing the bigger story here. we've got an expert panel of reporters, analysts standing by all across the country on this veterans day holiday. i want to start with garrett haake on capitol hill, and geoff bennett at the white house, and pete williams who is covering a court hearing today that could affect all of the impeachment proceedings. garrett, let me start with you and set the scene. i know that it is a federal holiday, but members of congress are getting ready for a big week and we may see some new transcripts today, too. >> reporter: that's right. democrats have spent the last couple of days trying to burnish the resumes of the star witnesses. they want to talk up these are career diplomats, folks who have spent their lives in service of this country and they should be believed when they show up for the first hearing on wednesday and friday, and describe the corruption they saw going on around them. repu

cars, cell phone, anything if you want to put it to work chances are you need chips from nvidia or amd. in that case it's crazy to sell them when they report good quarters with a tiny bit of irrelevant hair on them. nobody will remember the fly in the ointment a week later or a day later. that's why they surged nearly 4% for inindividual yachlt best way to generate images that allow businesses to get better at business if they chose to shun them for their data services they will fall behind the competition. let me put think the way so you'll understand during the next sell-off that creates a buying opportunity in these stocks like we had last week, by coming out to san francisco, i learned which tech companies deserve the benefit of the doubt. i know nvidia is developing semiconductors and machine learning and artificial intelligence and they can simulate a cockpit or measure a self-driving car's ability to avoid crashes. they can make photo realistic characters in a video game that you cannot tell the difference between a real thing i won't wake the right to be skeptical. you'll see c

where he's seeing opportunities in this market right now nvidia, applied materials, qualcomm, amd, and a ton of stocks getting their price targets raised we'll break down the calls and tell you how to play these names from here.

year, have lagged what has been very good are value stocks but legacy technology, microsoft, apple, amd, broad cqualcomm, financials but the best performing group is biotech. so biotech if you look at the chart, that is the top the average of the top contributors are up 24%. now, that to me says the mar has broadened, not just value. certainly not just value because technology is moving up. >> also playing a bit of catchup. >> exactly but that is a broadening of a market when all groups are catching up and it is not if you are just offensive or aggressive and i take this as a positive sign and those who haven't been in the market want to get in, they don't want to show clients that they are not invested enough >> we actually had an investor survey that we did and we found that about 80% of the investors that we surveyed said they expect more volatility next year so in our viewer, we feel that investors are actually uncertain going into next year and two-thirds said that they think markets will be more driven by geopolitical events than by fundamentals which makes it very difficult to pr

that is amd.his has been a hot stock to watch. >> this was a stock flat on its carne asada. >> it's a turnaround >> let's move on finally, snap unveiling the spectacle 3 smart glasses. 3d cameras and augmented reality. because real reality isn't good enough we have aprice tag of nearly $400 these aren't your average specs. the third time -- looking good. >> are you selling pencils >> $40 million loss on the first iteration. >> these are the spectacles 3. the big difference is the price, $380 they can record 3d content as you walk about, you can record the environment around you. overlay special affects on top. >> how nice. >> the thing is most people are going to be like, i don't care it's not something you and i would buy. me too it's for influencers that's what snapchat -- >> influencers >> that's their way of saying -- i'm going to take these off. >> re-rack that. >> you can create cool affects >> much better on you. >> goes with the invisalign. >> you have to look cool to start. the plan is, w

lam research, 94 amd, 115 intel, 23. >> right >> match -- okay, basically with the s&p.vidia, 58 smh -- >> great place to be and steven wise -- i think he said he was getting out or trimmed a substantial amount >> adding, adding and now he's -- >> i think that makes sense and when i'm looking i used to have exposure in a lot of different names, none of them are there except for intel and like you pointed out it's because of the fact it has not made the kind of move the rest of these names have aed to the upside and i think a lot of that had to do with the transition of the ceo and all the rest of what's going on at intel. >> same thing. i've got nothing zero, zip, nada exposure to the sector everything including nvidia i'm not saying i'm right i'm saying the paper has taken us out as for as let the upside calls take me out. the numbers are still strong you know, so to joe's point as far as what could play out, month over month 7.9% surge in the october numbers as far as the billings for these semi manufacturers, that's strong year over year it's about 4% does it justify

hill was talking about an argument she was having with amd sondland, he told me he was in charge of ukrainege of ukraine, gordon. he said the president. that shut me up, because you can't really argue with that. >> again, as we talked about earlier, that takes away the argument that the president had nothing to do with this. but as abby said, this doesn't have as much to do with the president's base as republicans who might not be happy with what the president did to the kurd in syria. this could be another straw for someone who doesn't like how the president addresses people from day to day. those are the folks we should be focusing on. >> our reporters share from their net works, including that lawmakers need to strike a deal to keep the government funded, even as they fight over impeachment. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. dana-farber cancer institute discovered the pd-l1 pathway. pd-l1. th

what investors are watching for in the reveal check out the cramer cam jim has the ceo of chip maker amdbled this year that at the top of the hour. much more "fast money" still ahead. . but in my mind i'm still 25. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex - now in triple strength plus magnesium. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. what are you doing back there, junior? since we're obviously lost, i'm rescheduling my xfinity customer service appointment. ah, relax. i got this. which gps are you using anyway? a little something called instinct. been using it for years. yeah, that's what i'm afraid of. he knows exactly where we're going. my whole body is a compass. oh boy... the my account app makes today's xfinity customer service simple, easy, awesome. not my thing. >>> welcome back to "fast money. shares of tesla trag to get become to all-t

year, up over 50%, recovering from what was a pretty tough 2018, and even chip equipment makers, and amd are up big after reporting better than expected earnings, plus further channel checks suggest that demand is starting to improve for semiconductors and the big question is here whether demand can keep up with wall street expectations back to you. >> seema mody at headquarters. pete, where do you go here, which would you rather. >> i would stick with applied materials because i think that's the space to be in right now and obviously the numbers, that gave us a pretty good look but the gains, that really does sound kind of interesting in terms of nvidia. the one spot they are good is gaming that's a small portion of what nvidia is. because of that, it tells me i would rather be in the maker and the ones in the chips. >> i think gaming is the aspect that everyone concentrates on, then you have data centers, and then with 5g, what's the automobile going to look like. what's the connected home going to be looking like i think when you look at it as a gaming stock, you leave a lot there, so

the top diplomat in ukraine, bill taylor, said the following, amd sondland also told me that he now recognized that he had made a mistake by earlier telling the ukrainian officials to whom he spoke that a white house meeting with president zelensky was dependent on a public announcement of investigations. in fact, ambassador sondland said everything was depending on such an announcement, including security assistance. everything was dependent on an announcement. >> and then he presented the text he received from -- >> was the administration holding up military aid in skma exchange for this investigation? >> they're using the aid. >> but would it have been held up? >> i think if you're going to do what adam schiff does which is come out and cherry pick ten seconds or ten minutes of ten hours worth of testimony, we have no access to full testimony because everything has been done in the dark. the process has been flawed from the beginning, we cannot unscramble the egg. >> i'm talking about the substance. was military aid -- i'm asking you just broadly. >> she got their aid. >> i'm talking about

amd, 91% year over year taking out the december sell-off there. i mean i think if you're getting out of some of these names you're really going to be unhappy with your decision in the first quarter of 2019. >> there's some names, pardon me, some names to take a second look at, is anybody going to look at apple's tremendous year, $400 billion of market cap so far this year, up 65%, that's the best run in the decade nobody is going to look at apple and say i better take some off the table that name. >> no. and i'm not doing it >> qualcomm move, you scrutinize things like that differently than an apple. >> what about an intel look at intel, approaching the highs from april at 5882 right below it want to take profit off of intel or if it breaks out above 59, it's note worthy that's the highest level since 2000 it's breakout coming for 19 years. i don't want to take money off the table in intel i want to buy that breakout. a lot of setups in the market like that. >> what's going on is the real debate between fundamentals and technicals take a look at t

if you look at amd, there are more than 3 million people waiting more than four hours in emergencies.ars of austerity put in place and he needs to end. but what our government is proposing to do is expose her national health service to the risk of even greater privatisation, taking money off of profit in a trade deal... on that issue, the shadow chancellor gave the impression that he wanted to remove every trace of privatisation in the nhs and clearly that is nonsense because the bulk of care services in the nhs have provided on the contract the nhs have provided on the co ntra ct of the nhs have provided on the contract of giving serves as a gps, dentists, if you cancel those contractors, you would end up you would end the nhs as it is. the sort of scaremongering is that the parties need to stop doing this. i am sorry. it really is not tonight agree. what he said about scaremongering, i entirely agree with. everything that we are saying is evidence—based. so for example, ifi is evidence—based. so for example, if i tell you the ways in which our nhs is in danger through the us trade d

look at amd and intel.ers very strong i believe in 3-d it is happening slower, but i love the products they're doing. my issue is would this allow them to make it so that printing is a much smaller part and inc. is -- it would give them cover should he do it? that's different from will he do it should he do it, the answer is yes. will he do it, the answer, i don't know, you think he wants to kikt tick the tires >> hp's comment is we don't comment on rumors. >> can you look at the portfolio? >> xerox kept their zrdistributn deal with fuji it went well >> it is enterprise versus personal i like the enterprise business and hp would be able to be a little bit more tie verse phied toward enterprise, which is good. >> down 18%. >> i've been working on, trying to figure out, it is opaque. >> they lost 32,000 residential video subs, a little more than people anticipated they want you focused on broadband. average revenue per user up 9.2% deceleration the stock was up a lot this year one of the great -- highest perf

the tech sector at an all-time high look at amd.of the chip names moving that sector they've gotten a nice tail wind from last week and then you've got amgen. also hitting an all-time high today after having gotten a tail wind from that oncology deal with a chinese company it couldn't sustain it in fact, we've seen biotech continue to lag down >> helping recently. important thing today, another new high and mcdonald's didn't help though that cost about 40 points on the dow and the resignation of the ceo there. as brian pointed out, chevron and exxon made up for that they offset the decline in mcdonald's for the dow banks and industrials are your breakout sectors u.s. bank corp., all the super regionals at new highs also new highs we'll see if we can get other breakouts. now up 110 points today. >>> and there you go the mallet is down "closing bell. hi, everybody. i'm brian sullivan in for wilfred today. >> and i'm morgan brennan here with mike santoli. >> all right so the dow, the s&p, the nasdaq, the russ el 2000 look at that at th

we've been trading in a tight range here as well amd, the best performer on the nasdaq for the year it'srformer in the s&p, hitting a new 52-week high this stock is still 20%, y2k high as one in three of the large cap chip makers. data dog, hitting it out of the park on its earnings with much better revenues than expected, break even resolve meantime, it's also at an all-time high while its rival, another ipo -- not a rival so much but another ipo that came this fall, smile direct, having its second worst day ever, worst only was the day they debuted when they were down 27%. the problem here, the regulations have not cut up with their business model they have a rough road to hoe. over to bob. >> bertha, it looks like we'll hit a record high, 3094 on the s&p 500. of course, we had a number of events today mr. powell confirmed the fed is on hold. the market generally liked that. it moved up while he was testifying there we had talks about snags in trade negotiations hitting the market in the middle of the day down the market doesn't seem to really want to believe that. near the highs of th

another fresh record close amd, the biggest gainer, seeing a more than 3.5% gain.om, up more than 2% after a morgan stanley upgrade, but chips overall down very slightly great day for biotech, however that etf up 2% vertex, the best performer after a guggenheim upgrade we're also look at altria. those shares down more than 2.5% today, after the new york attorney general announced it is suing juul for its marketing practice towards minors. california announced a similar lawsuit yesterday. altria owns a 35% stake in juul, and its shares have fallen about 18% since the first vaping illness was reported now over to bob pisani at the new york stock exchange. >> the entire decline in the dow jones industrial average is due to home depot. more than 90 points of that decline is due to that s&p 500 we're taking bets on whether we can get into positive territory. it's exactly flat, down a fraction of a point right now. we'll see if they can do that. it's been trending up in the last couple of minutes the dow jones is down 100 points >> good afternoon. welcome to the "closing

we didn't see it in -- if you go over and say amd will go up because lisa sue is doing so well they didn'tarista do >> make white boxes inside data centers. >> thank you >> what happens here is this call was overvalued in call it was a call where people say i don't see it. >> we're not seeing a slowdown in spending in other cloud providers. >> look, she is the biggest. and she is very good i'm not trying to minimize they're a bad company. their a great company. they have been one of the great, great performers but without a doubt, this conference call made people feel that something is very wrong. >> could they -- >> is it because of it being an early sign, would they in some way see the demand slowing prior to other providers >> i think she would say that, that, look out for 2020 spending i don't want to put words in her mouth. she's done such a fabulous job but this was a very jarring call kind of broke down in the middle too and people are, like, saying what the heck? this was a what the heck call. >> let's get the opening bell here s&p 500 and the cnbc real time exchange, big board, ma

check some stops, amd up a fair amount because their new graphics card will be front and center in apple'sk is up nearly 3%, that's adm, advanced microdevices. apple on that news hitting a series of all-time highs. they're now at 263. and there is that report that maybe president trump goes to a texas apple factory and meets tim cook. if that's the relationship that's being worked on there, that's a plus for the stock, and apple is up to 263. google, earlier in the week we learned that they were storing the medical records of millions of people on their servers. shortly, i'm going to talk to senator bill cassidy about that. he says it's not only your privacy you should worry about, but your wallet as well. that's an interesting angle. of course, we're watching capitol hill, the impeachment hearings, etc., etc., etc. our poor executive producer has the toughest job of the day -- [laughter] he's got to listen all the way through. [laughter] dear lord, wake me up, please. also on the hill fed chair powell speaking before the joint economic committee. he says no rate cut coming in december, bu

if we look at just amd targets, you haven't hit those since 2017. -- a targets, you haven't hit those we do. when you look at patient satisfaction with the national health service in scotland, it is very high, the highest throughout the united kingdom. but we are laying down a challenge to the other parties. we recognise that health spending in scotland is higher, it is £136 higher per person. we have more doctors per head of population, more nurses. what we are saying to the other parties is match the scottish government's spending on the national health service. that would mean that throughout the uk over the lifetime of the next parliament there would be additional spending on health of £35 million. it would mean that spending in scotland would increase by £4 million. we want to be able to tackle the challenges the nhs faces. and this is a bold plan which would see the nhs delivering in scotland, but would have benefits throughout the united kingdom. my message to everyone else's match the ambition of the scottish national party in delivering on health. there is one more thing i wa