. >> bob, brian sullivan donald trump doing that 55-minute visualized press conference saying he's go to davos. now this maybe donald trump can support -- is this a preview of what joe scarborough and i have called season two of the reality president? in other words, the post-bannon era? read "fire and fury. you realize how much of the fiery rhetoric coming from the president was likely either directly scripted by steve bannon or at least had his influence. what changes can we expect now that bannon is gone? a softening? >> you see in the president, a lifelong democrat before he became a republican, returning in part to his desire to be a winner, seen as someone getting a political victory and will change season two, change how we look at 2018 here in washington and have a cost, perhaps, to republicans. hard core republicans in the house, freedom caucus, don't like when the president dances towards the center politically wary of spending increases part of a fiscal deal and wary of an immigration deal. >> because he cares more about popularity than partisanism? >> everyone says that's

welcome back i'm brian sullivan here's what's coming up on "power lunch." just heard from barry rosenstein and are they right to place some of the responsibility for kids' behavior on apple? it's a huge debate, and we will continue it. >>> plus, a very bullish call on amazon you won't believe this price target, and that analyst is here >> and wings and makeup. yeah, they go together, at least today, because jim cramer sits down exclusively with the ceos of both elf beauty and wing stop quite the combo, scott back for you. >> all right, bri. thanks so much, brian sullivan. >> let's head to the consumer electronics where julia boorstin is there with a new alert regarding hulu hi, julia. >> reporter: hulu is announcing it now has 17 million subscribers, up 40% from the 12 million subscribers it announced back in may of 2016 it now says it has 54 million viewers which gives a sense of its advertising reach. now this growth is meaningful for kids any remember, that disney is acquiring a majority stake in howlu as part of it acquisition of the fox entertainment a

the video comes from a member of the rosalynn fire company, brian sullivan, who was with firefightershey reached the scene there. were no injuries. >>> up next. how some of the industry's biggest actresses are coming together to fight sexual harrass. >> then it is back to miss america for gretchen carlson, we will tell you about her new role with the organization. >> also, caught on camera, fireworks explode in the trunk after car. hear from the vehicle's owner about the incident when we come back. try cool mint zantac. it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. >> former news ankle over 1989 miss merle, grep end carlson, has been named chair juan. miss america board of directors, former miss america 's will be joining the board. the cee and several board members, recent will he resigned, following a news report suggest that some pan end lead hers mocked the appearance, intellect, of former miss america's in emails. >> actor over a long gloria, ree

this video from brian sullivan , who works for the rosalynn fire company, one of the many companies that responded. this camera was rolling just as firefighters arrived at the home in the 2200 block of pleasant avenue, around 4:00 yesterday afternoon. so far, there is no word on a cause. >>> we now know that two families with ties to the philadelphia area were among the 12 people killed when their plane crashed. and the mountains of costa reek a charter flight went down new years eve shortly after taking offer from beach town in the capitol of san jose. one of the victims was william steinberg, freshman at the university of pennsylvania, steinberg traveling with his parents and two brothers. >> great people. the kids are great. i feel like they are the family you look to emulate. >> another family originally from montgomery county were also among the victims, mitch em and leslie wise recently moved to florida two children were also on board. there were reports that strong winds had delayed the plane's landing in san jose. national transportation safety board is now assisting in the inves

. >>> happy new year i'm brian sullivan your money beginning this year like it ended last year with a nice pop dow, s&p and nasdaq with their biggest one day gains in two weeks. tech and nasdaq flying high. it is up more than 1%. for those of you keeping score at home, here's an interesting stat the dow has not fallen for three straight days in more than three months some of the individual movers, weight watchers shares rallying. the company announcing their new social media ambassador. that stock nearly tripling last year more on that story ahead and individual retailers on the move advanced auto parts and jc penney rallying. >> i'm michelle caruso-cabrera here's what else is happening. you heard brian spotlighting brick and mortar retailers amazon says it shipped more than five billion items to prime members in 2017 and that more people signed up for the service than in any other year "wall street journal" reporting alibaba's mobile browser is beating google's chrome in some of asia's fastest growing markets. after admitting to slowing down older iphones, apple is now offering $29 r

. >>> tyler, thank you i'm brian sullivan well, the energizer bunny rally keeps marching on. this officially one of the best starts to a year for stocks ever let's get to bertha coombs with more on what is driving this pretty incredible rally, ber tha. >> it is pretty incredible i was just talking to art cashin for a while ago, for the rally hats i think they have to have the milestones in velcro now because they're coming so quickly. today we have biotech and industrials leading, real estate, utilities and telecom are laggards but not by a whole lot. thanks though really focus today getting earning season off to a bang j.p. morgan seeing record investme investment banking fees for the year pnc selling off of a record high as well. loan growth a little disappointing. wells fargo also slipping, but overall the banks are bullish on the tanks, none more so perhaps than blackrock saying saw $1.2 billion tax benefit from the law now has $6 trillion under management investors continuing to flood into etfs. regional banks though have really been the best gainer so far this year. and

i'm brian sullivan. your traders on the desk tonight, steve see more, brian kelly and dan nathan now's diversity. the scandal rocking las vegas. also hammering investors, wynn resorts dropping nearly 20% since that bombshell came out. plus, one top strategist calling it the great crypto rotation and that could have bitcoin back in the saddle again. tom lee will be here to explain. >>> all that ahead but first we begin with what appears to be a bit of a breakup. apple, falling again. it's nearly two stocks down this year and it seems to be diverging from the rest of tech. the xlk the, up 7% apple down about 1% in the same time period. apple is now lost about 50 billion in market cap for the past week. tim see more, is apple's rally over >> tech has been rallying without apple. if you think about amazon, amazon's never been this over-pat going into their own earnings this week since 2007 roughly. if you look at where apple's trading and talking about positioning and market momentum, you got a 27 rsi which m

brian sullivan with the rosalynn fire company, casting the battle on camera.irefighters responded to the fire call around 4:00 yesterday afternoon. near pleasant and cottage avenues. there were no reported injuries, the search for cause is underway. >> well the new year begins with gun violence in philadelphia. overnight drive-by shooting sent two people to the hospital in germantown. the shots were fired in the 5100 block of germantown avenue. they say man was shot in the head and neck. and a woman was shot in the leg. well, they're in stable condition. so far there have been no arrests, no clear motive. >> and more gun violence this time a 19 year old man fighting for his life in north philadelphia. the shooter opened fire, in the 2200 block of north 23rd street. just before 11:30 last night. police say the teen was struck six times, including once in the head. the victim remains in critical condition. >> and we now know two families with ties to the philadelphia area were among the 12 people killed when their plane crashed in the costa rica mountains. now t

a rare downgrade for the apple iphone maker and the analyst tells us what is worrying him i'm brian sullivan "power

i'm brian sullivan, "power lunch" starts right now.

brian sullivan is here to break down what the new rules are. wilfred frost is also here with a look at the impact to wall street brian, kick us off. >> kelly, thanks very much the mifid 2 goes into effect tomorrow formal name, market and financial instruments directive, yep, part two. it's the second part of a rule originally put into effect back. in twec2007, so ten years ago european rule, one that may need to be felt here as well. why? here you go. what does it do, who i do we care the rule is huge 500-plus pages it does many things. we'll simplify it down adds a host of reporting requirements to european fund managers it's designed to increase transparency in financial markets primarily by making the flow of money between banks and fund managers a little more clear. apparently i'm blocking the graphic. i.e., who is paying for what, and when you pay a fund manager, what is their money being used for? okay most importantly, for you, it forces the unbundling of fees for research and trading in europe what does that mean? okay you may not know t

and so -- >> and chris, it is brian sullivan that was my question to you. which is is this, steve wynn, to contessa's point, he is this company. as you note, his signature is the company logo noib in america is -- nobody in america is identified with the exception of president trump you obviously did a lot of reporting on this. how long did you report this story and are the people that you got to talk, what percentage of the people you did contact simply would not talk to you that they were still afraid to speak out against steve wynn. >> a very high percentage of people were unwilling to talk. that is why we had to be very targeted about this. we've been reporting on this for at least two months. and initially to a person every conversation started with -- with generally a fear and a -- even for former employees, it was i could lose my job over this and we sort of asked, you don't work there any more, right? and they would say yes, but he controls las vegas and controls nevada so there is that perception. and certainly in the wider u.s., if you are a casin

derail the entire thing the fed rate drop in one hour and janet yellen final meeting as chair i'm brian sullivanlunch" begins right now

i'm brian sullivan in once again for melissa. your traders on the desk, tim seymour, guy adami bitcoin under pressure there is something happening this week that could be about to take the crypto to the next level. we have got those details. >>> plus, boeing's epic run rages on and could mean even more trouble for ge. we'll explain the connection. >>> first we have to begin with technology earnings. two behemoths reporting numbers motels ago facebook and microsoft both coming in with beats however, the stocks are under pressure as always we have full team coverage right here, gene munster monitoring the facebook call on the red phone. carter werth checking the charts on both the names as we speak. let us begin with facebook the stock down a couple percent after hours on top of a 40% gain over the past year, there has been a lot going on with facebook the growing concern over fake news changes some of its algorit algorithms daily users coming up a little bit better than expected not by much, what do you make of it. >> they need to

the traders' biggest wins and losses in the fourth quarter are coming up next first though, brian sullivan has a look at what's coming up next on "power lunch" to minutes from now. bri? >> scott, i would like name that najarian for 600, please >>> coming up on "power lunch," the dow powers higher once again. michael wolff's new boar, might have heard about it, detail the chaos inside the white house and creedsing a lot of buds, but we have the answer to the question of is the end of a major force the franchise collapsing and how singer melissa etheridge veme'sewing back against the gornnt n pot policies. all of that coming up on "power lunch," but more "halftime" right after this you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insura

tripadvisor. >>> you know, let's bring in right now brian sullivan with cnbc.hat this bull market is more stubborn than those old ring around the collar commercials. you can't get ring around the color out and you just can't convince people to stop going big in the market. now over 25,000. how did they turn off everything they hear in washington, d.c. and just keep investing? >> i'm going to use that on our show, power lines, the ring around the collar market. i think because the underlying fundamentals are pretty good. there's a lot of stuff going on that is certainly big. it is important. however, when you go across america, we've got a 4.1% unemployment rate. corporate earnings are up. average hourly earnings are up. we've added 4.3 million jobs in the last two years. more people are buying stuff. corporations are buying back more of their stock. you've got more buyers coming into the market. ultimately stocks go up when there is buying pressure. that's pretty much it. if more people buy than sell. >> brian, yesterday we had a "time" magazine editor on whose

brian sullivan with cnbc.e bannon has -- news has broken of steve bannon leaving breitbart, this president has moved light years away from everything that steve bannon represents and what the president claimed to represent during the campaign. now things get interesting. >> what a difference a day makes. that does it for us this morning. stephanie ruhle picks up the coverage right now. >> thanks so much, mika, thanks, joe. hi there, i'm stephanie ruhle here in our nation's capital, washington, d.c., where we are two major stories developing now, starting with the russia investigation intensifying. senate democrats put out their own report on russian interference in the election just one day after senator dianne feinstein defies republican colleagues, releasing testimony about the infamous trump dossier. >> i think people are entitled to know what was said. i see no problem with releasing it. >> overnight the president's lawyer sues the firm behind the dossier d

mentioned the thing about john boehner and the president playing golf apparently in 2013, something brian sullivan yesterday. it's a little ambiguous as to whether in that exchange, the president was saying, who's that, as if he didn't know him, or who's that has a kind of throwaway line >> dismissive. >> dismissive line that wasn't substantive enough. >> reporter: a lot of this goes to state of mind, emotions. >> yep. >> reporter: he can say, who's that sort of, yeah, dismissing him saying he's not significant enough anymore, he's a has bee - or saying who's that generally unaware of who is the person is. a lot of what's in the book here is sort of emotions, people's state of mind, all that. what they were thinking at the moment, that's very tough to report out journalistically and going to be very tough to prove it's factually wrong. >> yeah, what you were thinking is not on tape anywhere, thank goodness. >> reporter: not yet, anyway >> eamon javers, thanks very much. >> reporter: you bet. >> melissa >>> the dow busting through the 25,000 mark for the first time in history, but david tepper tell

i'm brian sullivan, "power lunch" starts right now. >>> and welcome to "power lunch. eye melissa lee, your money carving out some small money today, and russell 2000 at rosh highs. it's a global rally. let's check out bitcoin is bouncing back after falling below 10,000, goldman sachs say it's a bubble bigger than the dot-com era and famous tulip bulb mania, and p & g was down travelers rallying by almostsh topping expectations tyler? >> thank you very much, melissa. welcome, everybody we begin with a major decision from the white house the administration saying it will slap tariffs on solar panels and washing machines. if you've got a solar powered washing machine, you are not, kayla, going to have whiter whites kayla tausche is at the very white house with more. >> reporter: those tariffs are steep and final. for companies outside the united states empowereding washing machines into the united states they'll sue new tariffing between 20% and 50%, depending on the number of washing machines they are importing. for components that 50%. for solar part manufacturers outs

i am brian sullivan, the second half of "power lunch" begins right now.elcome to "power lunch" everybody. it is hour, two. i am tyler mathisen. lets go to the white house right now with president trump >> we'll begin to set, the tax cuts are kicking in far beyond what anyone thought. numerous companies have come out and announced they'll make big payments to their employees, something that nobody had in mind the market is good jobs report were very good and we think they're going to get really good for the next couple of months. we'll go to camp david with a lot of republican senators and we are making america great again. thank you very much. >> should steve bannon be fired? >> president trump heading to camp david for a weekend strike thatizing -- strike thategizing with gary cohn eamon javers is live for us. >> reporter: he did not want to talk about some of the politics surrounding the white house. he wants to talk about how things are doing and the president focusing on that at camp david this weekend. they're going to focus on the kplalt agenda for

i'm brian sullivan. s on the desk tonight, steve see more, brian kelly and dan nathan now's diversity. the scandal rocking las vegas. also hammering investors, wynn resorts dropping nearly 20% since that bombshell came out. plus, one top strategist calling it the great crypto rotation and that could have bitcoin back in the saddle again. tom lee will be here to explain. >>> all that

couple years at some point, advertisers are going to realize, hey, you know, julia boorstin or brian sullivan000 followers of which 200 may be real this is a major billion dollar economy that is at risk. >> this is a major, major problem. i do think it's worth separating how facebook and twitter are different. facebook has been growing very quickly over 2 billion monthly active users over a billion daily active users. learning more from facebook when they report earnings tomorrow after the bell, but facebook was built on the idea of people's real identities. twitter, on the other hand, you never had to have your own persona identified in your twitter account. so it sort of lent itself originally to people having multiple accounts, and twitter has even said there are some kinds of bots that are good. twitter says it supports the idea of bots who tweet about the weather or earthquakes they sort of have this weird relationship with bots and they don't want to say they're all bad, but there has been a lot of concern that the numbers, the 330 million monthly active users that twitter has, what per

derail the entire thing the fed rate drop in one hour and janet yellen final meeting as chair i'm brian sullivan "power lunch" begins right now >>> good afternoon i'm tyler mathisen, thanks for joining us we begin with breaking news on the amtrak train crash involving gop lawmakers outside of charlottesville, virginia. we are from west virginia near the greenbrier to which these gop members were decamping for their annual summit. ylan >> tyler, one person has been confirmed dead in that accident. the train hit a dump truck the person who died was on the dump truck and another person on the truck was critically injured. the washington reports that jeff flake of arizona carried one of the injured into an ambulance with other lawmakers now we could also tell you that one member of congress has been taken to the hospital. we don't know who it is or what that person's current status is. other people who were on the train were treated for minor injuries now as you mentioned, lawmakers are coming out here to west virginia in the allegany mountains for the winter policy retreat and a moment for them to

i'm brian sullivan in once again for melissa.im seymour, guy adami bitcoin under pressure there is something happening this week that could be about to take the crypto to the next level. we have got those details. >>> plus, boeing's epic run rages on and could mean even more trouble for ge. we'll explain the connection. >>> first we have to begin with technology earnings. two behemoths reporting numbers motels ago facebook and microsoft both coming in with beats however, the stock

i'm brian sullivan "power lunch" tees off right now. >>> and welcome to "power lunch. i'm melissa lee. the major average giving up gains. dow and s&p, russell 2,000 small caps did soar to record highs but now looking at losses across the board. the dow managing to hold on to ever so small gains. commodities are crushing it and oil at' three-year high and copper and gold soar the dollar at a low. saying a weaker dollar is good for u.s. trade transports getting slammed led by united. the airline down 11% on pace for the worst day in four months on fears about a price war. got much more on this coming up. michelle. >>> thank you. i'm michelle caruso cabrero live in switzerland where the trump tax cut and the surging and global economy are front and center we'll talk taxes, trade and whether davos is ready for president trump to arrive on friday >>> and michelle, on this multi-con innocent, over the next couple of hours you will meet four managers who are the sole of consistency. that is why they have been named the 2017 morning star fund managers of the year you'll meet t

a rare downgrade for the apple iphone maker and the analyst tells us what is worrying him i'm brian sullivan and "power lunch" begins right now. >>> and welcome to "power lunch. the dow is up above the 25803, holding on to 26,000, up by .9 of a percent and big games in ibm and boeing. more ahead and goldman sachs shares taking a hit on the back of the earning. we'll take a deeper dive into the numbers in a few moment. >> thank you. >>> welcome, i'm tyler mathisen. and here is what else is happening at this hour facebook, google and twitter fold up to capitol hill and are telling congress they are going beyond screening and removing extremist content from their services they are actively fighting against that content and terror. senate banking panel voting again to approve j. powell's nomination for the next fed chairman the vote advances his nomination to the full senate floor >>> and home builder confidence slipping this past month but still hovering near an 18-year high melissa. >> the dow back on the upswing after yesterday's selloff. bob is at the new york stock exchange tracking the act

helping the stock, up 30% since then but can the trump twitter bump continue we'll dig in i'm brian sullivan second hour of "power lunch" begins right now >> and welcome to "power lunch." i'm melissa lee. mixed day for the markets, the dow the only index in the red. s&p as well as nasdaq, higher. ibm american express largely to blame for the drop in the dow today. they're shaving 60 points off the index. ge of note, falling to a six-year note, down 11% this week nike leading the dow after getting an upgrade, hitting the highest level since 2015 dollar general, home depot, and best buy at lifetime highs and check this out treasury's ten-year yield rising, hitting the highest level since 2014 and earlier trading, jeff gunlock said 2.63% was the level to watch we're right there right now. >> all right, melissa. welcome everybody. i'm tyler. here's what else is happening at this hour. the iea says the u.s. could overtake russia and saudi arabia as the world's largest oil producer this year this comes as production in the u.s. has bounced back recently delta saying passengers with support and ser

. >>> melissa, thank you i'm brian sullivan as much as the world focuses on trump's tweets, let's stayused on your money. and can you say dow 25,000 perhaps another milestone in sight. bob pisani is following your money at the nyse. bob. >> brian, a nice broad rally new highs in all the major indices. i want to show you some of the breakout 52-week highs what's interesting about this is there's nothing that's completely dominating. tech tends to be leading if you look at the new high list, you get industrials like united technology and union pacific, nucor, lennar, you're getting a couple breakouts in energy chevron last week, eog a big exploration company. 52-week highs. but see this list is not dominated by just tech or anything else, it's a fairly broad list take a look at the big story which i think is now continuing to be growth versus value. this is the way i look at it this is vanguard growth etf. you see that, twice as much in the growth today versus value. and that's been the story really since yesterday and towards the end of the year last year. so what is growth? people keep

we're going to bring her in next along with brian sullivan. we're back in two minutes.ove all day long... and sometimes, i don't eat the way i should. so, i drink boost. boost high protein nutritional drink has 15 grams of protein to help maintain muscle and 26 essential vitamins and minerals, including calcium and vitamin d. boost high protein be up for it like you do sometimes, grandpa? and puffed... well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. you shou