courtney reagan is joining us from the distribution center where they are ready to ship off. urtney, good to see you. >> reporter: good morning, frank. it is an official holiday for me. home depot may not be a retailer you think of, but it is the country's fifth largest retailer online believe it or not. there are 2 million items available on the web site. this distribution center is huge. it also expect in its network to ship 100,000 or hundreds of thousands of units here per day. 90% of the united states is within same day of the fulfillment center. half of the ordinance ers are fy stores. this is a direct fulfillment center. this is part of the network of 500 throughout the country. this serves new york, new jersey, pennsylvania and maryland and covers more than 900,000 square feet. cyber monday, of course, marks the end of retail's big five. big five shopping days that starts thanksgiving and ends today. expectations are for a record of 40% of americans say they will shop. $13 billion to be spent. that is up 6% from last year's black friday. will consumers have any power o

courtney reagan joins us now. >> reporter: stanley is recalling 2.6 million travel mugs. recall does include stanley switch back and trigger action stainless steel mugs sold from june of 2016 through this month. the mugs were sold at a number of retailers including amazon, walmart and target. it's 12 to 20-ounce mugs. make sure you check that out. >>> "buzzfeed" announcing it's selling the studio behind the top show "hot ones." the deal includes the host and co-creator. the group of investors paying $82.5 million for the studio. >>> youtube is raising the price of tv streaming services again. the company said the monthly cost will jump to $82.99, up from 72.99. the change takes effect january 13th. youtube said it's needed to keep up with the rising cost of content. >> that's not going to sit well with youtube tv subscribers. courtney reagan, thank you. >>> right now is the perfect time of year to give extra. >> who should you tip and is there such a thing as giving too much? mr. manners chimes in. >>> santa would never do this. a man gets stuck in a chimney trying to hid

we've got every angled covered, courtney reagan is at a distribution center. d.a. baker brings top picks in the space for the season and justin post is tracking the growing number of retail using ai assistance, chat bots in the hopes of boosting sales. welcome to all of you. courtney, what's going on behind you there? >> reporter: you may not think of a home improvement retailer like home depot as a big beneficiary on cyber monday. home depot is the fifth largest online retailer in the country, today is most likely going to be one of the biggest day of the year. >> we have been really pleased with how it started. it is such a big time in our business for interior projects, for major appliances. it's the best time of the year to buy a major appliance. >> reporter: salesforce data does indeed show that appliances, dining and home furnishings is a category seeing the biggest growth on black friday, and adobe also does show that the appliances are among the higher ticket items that shoppers are buying earlier in the season. so between november 1st and december 1st, ado

courtney reagan starts us off. >> investors looking back the weaker than expected third quarter.and the early read from the fourth quarter. accelerating into december from november. expecting market share gains for the quarter. the retailer raising its total demand. rh plans to fully exit china as a manufacturing source by the end of the second quarter. any potential tariffs should not have a negative impact. four firms increasing price targets for rh after the results. shares are up 14% today. 49% year to date. outperforming the xrt, xry. >> thank you for that. i did this to you again. we have a minute left. >> it's a similar story to what it's been a few days. 1% off the highs. we haven't been below 6000 since before thanksgiving. that's fine. without the buying panic in broadcom it might be a different story. we have more stocks down than up for the tenth straight session. the market needed to reset. we have treasury yields probing above or right around 4.4. that's where bond buyers have come in over the last six or seven months. we will see if that does happen or if it's a st

courtney reagan is here and she can explain to me what we're talking about here. >> okay.t dupe like a duplicate, david. did you get something close to what was on your list but maybe it wasn't exactly the same thing? you might have been duped. fashion and premium brands have dealt with lower priced copy cats but social media has accelerated dupe culture. social influencers build business around dupes, consumers use #dupe to find knockoff items. sprinkler ai ran a query with more than 2.9 million mentions in 2024 from public posts on social media sites along with sites like youtube, blogs and other sites looking for the word duped specifically. so sheinelle was the top brand associated with dupe at more than 19,000 mentions sfoeld by dior and apple. lululemon had a high number of mentions for consumers look for dupe products. in this case it means potentially losing the sale to someone else. while no one copy cat brand dam nated for sheinelle, dior or apple the top three searched for dupes sprinkler ai found 20 of the most common lululemon dupe requests came from the socia

courtney reagan has all the details. courtney >> yeah, a lot of surprises in this one 18-cent beat on the bottom line. slight revenue and comparable sales beat but the pattern is what's important. comparable sales did reaccelerate 4% total americas are still down, but slightly better than last quarter, and international sales much stronger than what we saw last quarter now, the holiday quarter outlet, on the call just now, the cfo describes the forecast as prudent, and she called out the shorter shopping season and uncertain macro conditions for part of that now, lululemon, we should note, increasing stock repurchase program by a billion dollars on the call, the ceo said he was pleased with the business and traffic in store and online over this extended thanksgiving weekend, with black friday actually sets records for most visits ever to lululemon's app and website. now, remember, lululemon doesn't run these blanket promotional events they're not store-wide, they're not site-wide. they use that elevated traffic to clear t

find all the senior care you need at care.com >>> welcome to "power lunch" alongside courtney reagan, i'm jon fortt and stocks about flat this hour, not much moving in the major averages but we're seeing big swings in individual names. alphabet is up about 5% having best day since april. oracle down big after earnings, does that make now the time to buy? >> well we've only got two more weeks until christmas. steve liesman is standing by with retail and we'll talk to the ceo of a major mall operator. >> and it is the story everybody is talking about. an ivy league educate the man in his 20s is a prime suspect in the murder of a health care executive. what does it say about the reputation of corporate america that so many people online while rejecting his actions, at least understand his anger. but let's begin with retail. because as courtney mentioned, we're getting down to crunch time for the holiday season and this year the holiday season itself is crunched because thanksgiving was so late and that is having an impact on the numbers. steve liesman has the latest on the retail monitor

on the new ceo elliott hill the conference call is under way which accounts for the volatility courtney reagan with the numbers. >> elliott hill opening up the remarks and just to talk about the quarter, better than expected and the company came out and the holiday quarter and they postponed ahead of elliott hill and everyone is focused on looking ahead and we knew things were messy i'm going to look down because he started making the remarks and outlining his strategy and elliott hill saying they need to be sharper in the product especially with the focus on individual sports. they need to reignite sports marketing and focus on big, events and big athletes and he named names. went through the executives that he's met with different retailers, dick's sporting goods and footlocker which i found interesting. he just noted there was a lack of newness and they weren't delivering inspiring stories and those are the things that they want to get back to and outlining big ideas right off the top. they've not yet given earnings guidance in the last 45 seconds or so and usually that does come on the cal

courtney reagan, to you on capri. >> capri shares getting a boost after a wwd cited forces after theand the deal was blocked by the government and both companies decided to end discussions as it was going through the court system over the last several weeks and shares of capri are trading much lower than they were at $22 a share and in the recent earnings call after the deal fell apart, john idol fell in part that it is open to discussion about the asset and it's a public company and the company's first commitment is selling or separating jimmy choo and versace would allow the focus to be entirely on rebuilding michael kors which is the largest of the three and perhaps has the fewest obstacles in the turnaround and it would undo a strategy of becoming, quote, a global luxury group as it outlined michael kors first bought jimmy choo in 2017. >> court, thank you. >> courtney rieg eagan, phil tes about honeywell. >> stocks are moving higher after the aerospace business. remember last month when elliott group took a stake in honeywell? they said look, this company is undervalued as a con

find all the senior care you need at care.com >>> welcome to "power lunch" alongside courtney reagan, this hour, not much moving in the major averages but we're seeing big swings in individual names. alphabet is up about 5% having best day since april. oracle down big after earnings, does that make now the time to buy? >> well we've only got two more weeks until christmas. steve liesman is standing by with retail and we'll talk to the ceo of a major mall

courtney reagan is here with that story. >> so today's dupes aren't counterfeit in so far as the brandingbrands have long dealt with lower priced copycat goods but social media has kind of accelerated what's called dupe culture. sprinkler ai ran a query for cnbc with more than 2.9 mentioned in 2024 from public posts on social media sites along with youtube blogs and other sort of shopping sites. for the word dupe. so chanel was the top brand associated with dupe. at more than 19,000 mentioned. followed by dior. then apple. lululemon also had a high number of mentions associated with users looking for dupes. imitation may be the highest form of flattery but it means potentially loseing the sale to someone else. while no one copycat brand dominated for dupes, sprinkler a.i. found that for 20 of the most common lululemon dupe requests, the social media community suggested similar options at walmart on eight of those 20 products. amazon for five of the 20, and sheen for two. here's an example of a walmart dupe for the lululemon everywhere belt bag. it doesn't say lululemon but it does look st

courtney reagan joins us now. >> reporter: tiktok asked a lower court today to pause an impending banin the u.s. until the supreme court can weigh in. the company's been given until january 19th to divest from its chinese owner or shut down. tiktok warned that u.s. small businesses and social media creators will lose $1.3 billion in earnings in just one month if the app is banned. >>> nvidia under pressure after a chinese regulator opened an investigation into the chip maker. the agency said it was in relation to its 2019 acquisition of a global supplier of networking equipment. china approved the acquisition in 2020. the u.s. is announcing new limits on china's ability to use u.s.-made chips. >>> disney moana 2 is over $600 million in global sales. it's one of the top five highest grossing releases this year. i have saw it. i can only sing the songs from the first moana. >> you'll have to listen to the soundtrack. >> reporter: my kids will make sure we do. >> courtney, thanks. >>> talk about mega millions. >>> talk about mega millions. juan soto signed a if you're living with moderat

courtney reagan joins us now. >> reporter: bitcoin is surging, hitting $106,000 overnight as investorsng an interest rate cut from the federal reserve, which is seen as a positive for bitcoin. bitcoin has rallied more than 50% since the november election after president-elect trump suggested he'll create a u.s. strategic reserve for the cryptocurrency, similar to the stockpile for crude oil. >>> the spiderman spin off film had one of the worst openings for a marvel adjacent project in history. moan 2 and "wicked" top the charts. >>> and zillow is offering tours of santa claus's home. there's a look at his bedroom, hot chocolate bar and gift wrapping room. there's a spacious chimney, year-round frosted windows and ample room for sleigh parking. i have to check that out. it's so colorful and we only gave you a taste of it. >> i love that. i want to find santa's list. >> exactly. does he have a vault? i mean, probably so many secrets. >> reporter: little beds for elves. >> courtney, thank you. >>> the new district attorney of los angeles speaks out about the menendez brothers' case. menen

plus courtney reagan on the sell off in consumer discretionary sector.own the crucial moments of the trading day. diana, obviously been a rough road contending with the rates for home builders. >> for builders it's all about mortgage rates, which moved a tiny bit lower today for no particular reason other than they jumped so much last week. we're still over 7% on the 30-year fixed. that's the top of the range. as a result the home construction etf, itv is down close to 17% month to date, on pace for its worst month since the start of the pandemic.e was builders have been buying down mortgage rates. all that said on the existing home side, we just got the read on pending home sales in november. up 2.2 month to month. that's the fourth straight month of gains. this count is based on signed contracts. so, people out shopping in november when the average on the 30-year fixed spent much of the month over 7%. chief economist claims consumers are used to the higher rates. if you believe that, maybe 7 is the new 5. i don't know. >> i guess the price of the house

i'm courtney reagan with your cnbc news update.ter benjamin netanyahu said just moments ago that the fall of the assad regime in syria could open the door to a hostage deal with hamas. he said hamas will be isolated without syrian support. his announcement comes as national security adviser jake sullivan is due to travel to the middle east to discuss a deal. >>> president-elect trump's pick for defense secretary, pete hegseth, is back on the hill today for meetings with several senators. he sat down with senator roger marshal of kentucky this afternoon, as the former fox news anchor makes his pitch to lead the pentagon. meanwhile, trump's pick to head the fbi, kash patel, and director of national intelligence pick tulsi gabbard is also holding conversations today. >>> and sotheby's showed off thea stone enscribed with the ten commandments today. the marble slab is about 1,500 years old, weighs about 155 pounds and estimated to sell for $1 to $2 million. i'm surprised the bid wouldn't be higher. i know it's not the original. >> it m

our courtney reagan joins us live from the home depot distribution center and a closer look at what'sood morning, it's good to see you. jordan brogy, he says the holiday is off to a strong start for the fifth largest online retailer. he expects appliances will be on the hot seller today. salesforce data is supporting that that appliances, dining and home furniture is among the highest growing category at least so far on black friday, and adobe also says that appliances among the higher ticket items that shoppers are buying early in the season. now, when it comes to today on cyber monday, kohl's seeing the biggest year-over-year change in online searches, up 48%. followed by barnes & noble, and then home depot, and macy's after that. now, adobe is forecasting that today will be another record day for online shopping for cyber monday, estimating $13.2 billion will be spent over the total day. that's up 6% from last year. peak, though, not expected until between 8 and 10:00 p.m. very different from the advent of cyber monday when shoppers needed work computers, high speed internet access

courtney reagan joins us right now with more on what the retailers are actually expecting on this cyber depot. it is actually the fifth largest online retailer in the country. might be surprised to hear that. and there are 2 million items available to order on the website, the retailer says it is already off to a very strong start this holiday season. it is expecting that hundreds of thousands of items will be fulfilled on this cyber monday. and 90% of the u.s. population has the option of same or next day delivery. interestingly, more than half of online orders end up being fulfilled by stores. this is one of 19 direct fulfillment centers, but part of a much larger network of about 500 distribution centers or warehouses. >> it is best time of year to buy a major appliance. those are popular. that promotion is going for a couple of weeks and then tools. we have the best assortment in power tools, the best brands, the best products, milwaukee, de walt, rigid, mikita, those are some of our best-sellers right now. >> and in fact, the home appliances, dining and furniture, was the top growi

reagan national security forum in california. austin and senate minority leader mcconnell are receiving peace through strength awards. courtneye covers the pentagon for us and is at the security forum having much nicer weather than vaughn in paris. she joins us now. what is the deal with this forum? it seems it's meant to have a bipartisan nature. so what is the purpose of this event and why are these big whigs out in california? >> reporter: it's always intended to be bipartisan, but this year has a different feel. because most of the conversation is really about strength, excuse me, about peace through strength during a time of transition. so really about the transition in u.s. government right now. the panel's dealing from everything from china to iran to the crisis in the middle east, of course what's happening in syria, which has been developing extremely quickly on the world stage. even talk about these meetings with president trump and president macron in paris. again, the real focus here is how is the transition going to go in all of these policy areas. how is it going to go when president-elect donald trump takes off