stocks like darden restaurant.n reported a weak quarter but still led the market higher. some of the company specifics like the uber eats deal, some of it's more general like a better commodity inflation environment or the cadence of the quarter that lines up with what we heard from amazon july was bad but things bounced right back in august. i think we can take our cue from dard tenself here. and that's great for a whole host of retailers and restaurants with stocks that stagnated over the past year as the fed kept things tight and confidence ebbed and ebbed and then ebbed some more. "mad money" is back after the break. >> announcer: coming up, lightning doesn't just strike twice in cramerica. >> boo-yah, jimmy chill. >> boo-yah. >> boo-yah. >> boo-yah. >> thanks for taking my call. >> announcer: it strikes every day. cramer is back in a flash with your questions. next. >> i had 20 years of experience as an hr professional and i had reached a ceiling, so i enrolled in umgc. i would not be the person that i am toda

and i think darden has done a good job.ays seems to be ableto do a good job with those kinds of dynamics, and they're extraordinarily well positioned because of the portfolio nature of the business. >> quick comment, it makes her more sympathetic to evercore that did the upgrade, saying the company is now going on the offense and advertising protein offerings on the menu. i'm trying to get to however many protein grams for my body weight, and this company just delivered sauteed chicken, and that alone, i think it could have our entire household business. so is that potentially a differentiator or a way that we should be looking for more offerings that might kind of drive sales, drive uber traffic and so forth? >> well, each brand has their own identity, and they have their own consumer proposition. so olive garden has strong propositions. it's the strongest brand in casual dining. and it has protein offers, but it's not protein heavy. it's not the same as say, again, a long horn, which is definitel again, a longhorn, which

darden >> we're going to get to darden in a bit. great line out of the jpm desk today, jim.ver the past 40 years, the fed has cut rates 12 times where the s&p's been within 1% of all-time highs and all 12 times, you're higher a year later, average return 15%. >> look, we obviously weren't targeting employment. we were targeting almost entirely inflation and this 2%, and they are -- the fed is just determined to get at that level. so, i think that we have to sit back and say, you know what? the fed is working for us. the fed isn't trying to work for us, but the fed is working for us. >> do you agree with this line that small caps tend to outperform in the first six months after a cut? >> they do. but i find the small cap way that hedge funds get involved, which is by an index, it is foolish. got to pick some small caps that are actually good. and those are hard to find, carl. so, yes, these are supposed to be working. what they'll do is buy a basket of them, big institutions, because you can't pick and choose the small cap. they're just too tiny. they would overwhelm every sm

darden striking a deal with uber.t the latest partnership in ride share in an effort to gape market share. uber is up 3%. doordash up 3.5%. airbnb strong. that's all ahead. >>> let's begin with the rally. the dow and s&p hitting record intraday highs, and on track to close at record highs. dom isn't here, so that's my best attempt at a car. the dow is over 42,000. the nasdaq is the best performer, up nearly 3% today. and the small caps, they are up 2%. moving right along, treasury yields. that's been so much of the focus. we saw some of that volatility yesterday, but things have been settling down. but they're shooting higher for the ten-year. that means nearly 3.75% now. the two-year is at 3.60%, so we have a nice normalization of the yield curve here, such that it is steep, changing the earlier trend that has been a big concern for banks and so forth. gold is hitting another all-time high, but you can see a 3/4% gain, over $2600 an ounce for gold. bitcoin is up 5% as the risk on trade resumes. there you can see bitc

darden's getting a nice gain here of 6.7%.son it's such a big deal and why maybe uber's moving up 2.5% is that darden has until now refused to allow third party delivery companies to handle its food at a large scale. and it's important that we bring up uber here, because coming up, it's a big story here. while uber strikes the delivery deal with darden, are port strikes going to hamper holiday deliveries this year? 45,000 dock workers along the east and gulf coasts are threatening to strike on october 1st, just ahead of the the holiday shopping season. yo sr -- so what we're going to do is take you live to the port of bayonne in the new jersey for a live report. and the stock of shopping site affirm hitting a 6-month if high after the fed's audacious half-point cut. ceo max levchin is here next on what this means for his millions of customers and affirm's revenue and stock. we're coming right back. ♪ ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon

darden, the lone surviving member, watched the ceremony from home. >>> prolific author nelson demille authored "plum island" and "the general's daughter" has died. demille's family telling cbs news that he died on tuesday following a nine-month battle with esophageal cancer. demille's website says he authored 23 books including two with his son alex. he was 81. >>> a new children's book that chronicles the lives of travis and jason kelce is due out next month. "the kelce brothers: little golden book biography" talks about their childhood and rise to fame in the nfl and love lives. several pages show illustrations of travis and taylor swift holding hands and hugging at the super bowl among other big moments in their relationship. >>> coming up only on "cbs mornings," we talk with actor scarlett johansson about her new movie "transformers one." >>> i'm anne-marie green. this is "cbs news mornings." >>> i'm anne-marie green. this is "cbs news mornings." if you have heart failure, farxiga can help you keep living life with the ones you love. ask your doctor about farxiga today. farxiga ca

darden is up 1%. and fedex is up 20% since the last report.ennar is hovering at a new 52-week high. >>> turning attention now to washington, d.c. house speaker mike johnson is back to the drawing board to fund the federal government. johnson facing a rebellion by republicans with the recent plan to do so. our emily wilkins is here with the latest on the drama in d.c. emily, good morning. >> reporter: good morning, frank. the government set to run out of money in two weeks. the only bill we have seen to keep it running on the floor last night failed. this would bring us into march of next year and that included a measure of requiring prove of residence and citizenship. sustains of non-citizens voting are rare. 14 republicans bucked the party leadership. that included defense hawks who said forcing the government to go six months without increasing funding would hurt the u.s. defense department. deps democrats have called for a three-month funding level. reopening the funding debate before the next president is sworn in. former president trump w

that partnership is overshadowing darden's weaker than expected earnings report, which missed on the top and bottom lines. owlive garden's same-store sales shrank 2.9% during the quarter with eddie v's and the capital grill also showing weakness. and sticking with delivery companies, doordash is higher. btig upgraded the stock to buy from neutral seeing it sees signs pointing to ongoing near-term strength as well as what it calls underappreciated longer-term drivers. the company also says doordash is hitting important milestones including positive net income expected in the second half of the year. those shares up nearly 4%. mike? >> pippa, thank you. talk to you again soon. still ahead, your earnings setup. we'll tell you what to watch when fedex and lennar report after the bell. and don't miss the new cnbc sport digital documentary, "wnba rising: inside the season that changed the league." that's on cnbc.com/sport. "closing bell" will be right back. >>> welcome back. meta shares headed toward a record close. julia boorstin here with more on that move. hi, julia. >> that's right. me

kristine darden. >> although we call them hidden figures, we shouldn't think of them merely as supportingxploration, they were the engineers and mathematicians who actually wrote the story itself. >> reporter: their story inspired a book, then. >> there's no mathematical formula for that. >> reporter: an academy-award-winning movie, among them, three honored posthumously. >> to see the impact that she made on the world, i just wish she were here to see it. >> reporter: their work on the apollo space program led to this. >> one small step for man. >> reporter: and, as johnson told us in 2016, john glenn insisted she verify the computer's calculations before his first orbit around the earth. >> he knew if i had done it, it was right. >> reporter: her daughter was in awe. >> she would have said what's all the fuss about? i'm just doing her work. she was very humble. her work was important to her, and she did the best she could. >> reporter: a generation of women hidden no more. gabe gutierrez, nbc news, washington. >> i love that they keep getting honored and remembered. >>> now to many amer

christine darden. >> although we call them hidden figures, we shouldn't think of them merely as supportings and mathematicians who actually wrote the story itself. >> reporter: their story inspired a book, then -- >> there's no mathematical formula for that. >> reporter: -- an academy award winning movie, "hidden figures." katherine johnson, among them three trail blazers honored posthumously today, katherine johnson, dorothy vaughan, and mary jackson. >> to see the impact she made on the world i wish she were here to see it. >> reporter: their work on the apollo space program led to this. >> that's one small step for man. >> reporter: as johnson told us in 2016, john glenn insisted she verify the calculations before his first orbit around the earth. >> he knew that if i had done it, it was right. >> reporter: tonight her daughter is in awe. >> she would have said, what's all the fuss about? i was just doing my job because she was a very humble. her work was important to her, and she did the best that she could. >> reporter: a generation of women hidden no more. gabe gutierrez, nbc news, w

darden, known for her sonic boom research.david: and katherine johnson. >> math is always dependable. >> reporter: johnson's role in the movie. >> we can calculate launch and landing, but without this conversion, the capsule stays in orbit, we can't bring it back home. >> david: and when her daughter asked all those years later, what if someone questioned you. >> what happened if somebody questioned your work? >> tough. >> david: tough. and so was she. a true american pioneer. they all were. and late today, at the u.s. capitol, lawmakers from both sides of the aisle gathering to present congress' highest honor to the families. the congressional gold medal. the next generation, nasa's andrea mow see, accepting the medal for all women who worked as those human computers during that time. >> it is quite an honor and a privilege to be here representing the many women of apollo and the space program who dedicated their lives and talent to making sure the sky is never the limit. >> david: an extraordinary honor, lock overdupe. i'm d

hidden figures": katherine johnson, dorothy vaughan, mary jackson, and aerospace engineer christine darden inspired a best-selling book and an oscar-nominated film. it is an honor long overdue. they are tonight's "heart of america." gives me the goose bumps. and that's tonight's "cbs evening news." i'm norah o'donnell. we'll see you right back here tomorrow. good night. ♪ ♪ >>>>when he says that he's going to do something as crazy >>> when he says he's going to do something, he's going to do it. >> daniel lurie says he may be crazy to jump into politics, but he's driven by family. >> i want all of our kids to have that same sense of pride and wonder about our great city. >> he says it will take an outsider to fix city hall. >> what we see going on here is the insider. >> we hear the vision he wants to bring to the city for the next generation. >> i think we're capable of so much, and we're not living up to the expectations we all have for our city. >>> all week long, we are bringing you one-on-one interviews with the candidates for san francisco mayor. today, we're talking to daniel lurie.

stuart: darden restaurants, olive garden -- lauren: terrible, terrible, terrible earnings report. same-store sales down almost 3% -- stuart: wait, wait. lauren: they have a partnership with uber to the deliver foot food for olive garden. stock's up 8 on that news, uber's also flying hire, up almost 3%. stuart: i see microsoft on that screen. lauren: uh-huh, just for you guys. stuart: stay out of this, david can. lauren: this is a huge story. they're partnering with a defense company to develop combat goggles for the army, to give them precision on the battlefield. that could bring in $22 billion in revenue over 10 years. stuart: you see, it's got nothing to do -- lauren: nothing to do with the dividend. >> hold on a second, what do you mean? what's the point of making the money if you're not going to return it to shareholders? where's the money going to go? stuart: i will buy the stock because it's gone up $7 on news of a partnership. >> so you want to buy it after the announcement instead of before. stuart: well, aye got a lot of it already. >> so you're not buying it. stuart: le

christine darden now 82, retired from nasa after a 40 year career.all fod their degrees from historically black colleges. each played a pivotal role in restoring the nation's confidence after america fell behind in the early space race. >> glen's atlas booster performs perfectly. >> now with their stories told on the big screen and with their congressional gold medals, these women who were known affectionately at the time as computers, were "hidden figures" no more. [applause] at the pentagon, jennifer griffin, fox news. >> tomorrow on "special report" we talk about the presidential election with pollster mark penn, alex castellanos. thanks for inviting us into your home tonight, fair balanced and still unafraid. there is a lot going on every day. we got you covered ingraham angle is now. ♪ >> good evening, everyone i'm laura ingraham this is "the ingraham angle" from washington tonight.

on the plus side darden restaurants the olive garden parent partnering with uber for deliveries later this year and that and better guidance offsetting its weak fiscal q1. "power lunch" will be right ck. oman 1) all right, here we go. uggggh. (man 1) oh no, no, no, no, no, no! (man 2) what's my next step? oh! ugh. (girl) dad. (vo) you break it. we take it. (woman 2) we can take it. (vo) trade in any phone, in any condition at verizon for the new google pixel 9 with gemini. (man 2) give me a recipe with these ingredients. (girl) let's do that one. (vo) only on verizon. craig here pays too much for verizon wireless. so he sublet half his real estate office to a pet shop. there's a smarter way to save. comcast business mobile. you could save up to an incredible 70% on your wireless bill. so you don't have to compromise. powering smarter savings. powering possibilities. switch to comcast busines internet and mobile and find out how to get the latest 5g phone on us with a qualifying trade-in. don't wait! call, click or visit an xfinity store today. >>> welcome back to "power lunch." what d

and making way for new names reflecting shifts in consumer taste a couple names if you don't mind darden's, cmg rotatin out what's coming in, cava, sweet green, wing stop, texas road house lululemon out, starbucks out, dutch bro in, monster, celsius and to the point nike has had issues, there's questions about the reliance on the air jordan line, internal issues and i think there's newcomers coming on specifically one that i like is onon, on cloud, it's a swiss shoe maker, i hold it, i added it to the portfolio in june, i increased my allocation in august, the second largest holding we have for consumer discretionary. this company is growing revenues quickly, about 68% in 2022, 46% last year and they are expected to go mid 20s over the next couple years, good margin. i do think they're taking market share from nike. i think some of the buzz post-olympics is wearing off nike is only growing 4%, 5% year over year for formerly a pretty high valuation i think onon is a company that's being very proactive, direct to consumer sales. >> what's the price target >> okay. so right now we had it cl

also being presented to her family, as well as the families of katherine johnson, doctor christine darden and dorothy vaughan. they were collectively known as the hidden figures and their stories were documented back in 2016. film. with the same name. it is wired wednesday social media app instagram, introducing some major safety updates for younger users and this morning we talked to an expert about how these changes might impact teenagers. >>>>these changes are pretty major. so you know these. anyone under 18 will have their accounts made private by default. they won't be able to be messaged by anybody who they don't follow, and they're going to have time limit reminders. once they hit 60 minutes, they're going to be nudged to get off the app. and you bring up a good question how will teenagers feel about this? but also, will parents feel like it's enough? and so those are the two sides of the argument that instagram kind of has to navigate. but the other piece of the puzzle is, even if instagram says we're rolling out these measures for anyone under 18, it's still possible for people t

widespread with ai chip giant nvidia powering gains in the s&, along with olive garden parent company darden restaurants and the fed. cut and data showing fewer people applied for unemployment benefits. last wee. adding to that enthusiasm, lower rates helped markets by making it easier for households and businesses to borrow money and boosting prices of all types of investments, from stocks to bonds, gold and cryptocurrencies. all right, macy's plans to hire more than 31,000 full and part time employees for the holidays. that's fewer than last year as the department store gears up for a busy season, retailers are expected to hire fewer people this year due to a softer labor market. and with consumers tightening their belts heading into the crucial shopping period, which typically accounts for more than half of stores revenue. separately, ups says it will hire 125,000 seasonal workers. that's more than it did last year, and youtube is now showing ads. when you pause videos, it joins directv, sling and hulu by using targeted ads on pause screens. now, youtube first looked at pause ads last yea

the s&p, along with olive garden parent company darden restaurants. the fed cut data showing fewer people applied for unemployment benefits last week, adding to a lot of that enthusiasm, lower rates helped markets by making it easier for households and businesses to borrow money and boosting prices of all types of investments from stocks to bonds, gold and cryptocurrencies. but it looks like for the future is holding right now that the markets may open down. well, shares of nike are poised to rally as the company says ceo john donahoe is stepping down. he's being replaced by former top executive elliott hill, who is returning to nike after retiring in 2020. hill held senior positions in europe and north america, helping to expand those businesses. donahoe has been ceo since 2020 and was tasked with boosting nike's online presence and direct consumer sales. well, macy plans to hire more than 31,000 full and part time employees for the holidays, but that's fewer than last year as the department store gears up for a busy season, retailers are expected to

in case you were wondering why all the banks in new jersey were closed. [ laughter ] and finally, dardenestaurants has announced a new partnership with uber direct to offer delivery from olive garden, though your driver will be pretty pissed the seventh time you make him go back for unlimited breadsticks. [ laughter ] that's the law, buddy. you got to go. [ cheers and applause ] that was the monologue, everybody. we're off and running. we've got a great show for you tonight. it's a great one. he's a multiplatinum selling artist, five-time grammy winner and tonight he joins "the voice" as a coach. michael buble is here. [ cheers and applause ] there he is. dapper. a very dapper man. and she is just a fantastic comedian whose book "what in the world? a southern woman's guide to laughing at life's unexpected curveballs and beautiful blessings" is out now. leanne morgan is joining the show for the very first time. [ cheers and applause ] and i'm just delighted about it. but before we get to all that, donald trump and j.d. vance have refused to condemn the republican candidate for governor in

shares of darden restaurants now up over 10.5% right now. we're looking ahead to fedex shares.the premarket ahead of earnings after the bell. revenues after the bell, their forecast increased by 1%. the margin for express, that's the signature air delivery business, where fedex gets half of its revenue, the estimate just over 9.5% compared to the actual of 2.5% a year ago. meeting that number or exceeding it would show progress. also comments on the plan to have express and ground trucks deliver the same packages. part of a reorganization of the overall company. shares of fedex are up. actually up over half a percent, now up almost 1.5%. >> thank you, see you a little later. >>> coming up, the white house says president biden is going to use his speech at the economic club of washington to talk about what he's calling a new milestone for the economy. where inflation and rates are falling at the same time. that's not unusual. it is just -- if you're not getting a concurrent rise in unemployment. there have been plenty of times we go into a sharp slowdown where rates and inflatio

we'll be relying on you bicoastal for the fed, for bank of england, bank of japan, general mills, dardenx. >> easy come easy go. >> fedex i think is going to be an upside surprise like general mills, owe mplay i don't know netflix. extraordinary numbers we'll talk about that too i'm getting netflix. they don't know that yet i'm going to the front of their office. >> hand cuff yourself. >> jensen, how is the numbers. >> we can't wait we'll see you tonight. >> thank you. >> "mad money," 6:00 p.m. eastern time dow up 220 on this friday as the s&p looks for the best week since the middle of august stay with us (office chatter) is it me...or is work not working? at least, not the way it could work. your people are buried in busy work. and you might be thinking... can ai make it all work? can ai help your people work... without all the workarounds? feel better. make customer service work the way customers expect? that one. make your old tech work with your new tech? thank you. and todd here is wondering, can ai do all that... now? no pressure. it can. on the servicenow platform, ai transforms

christine darden, dorothy vaughn, mary jackson, and all the women computers, mathematicians and engineers at nasa and naca during the space race to keep in mind we ensure nasa and the rest of our science enterprise help lead the way in building stem opportunities for all. put simply, we can only lead in science and technology with a stem work force that represents the rich diversity of our nation. it's with the legacies of these trailblazing women in mind that this legislation supports nasa's stem education portfolio, including the minority university research and education project. i am pleased this bill provides continuity of policy and purpose for human exploration, the moon to stars program, and provides for nasa's continued use of low earth orbit to advance science and reduce exploration risks. the bill directs nasa to both prepare for the safety orbiting of the international space station at the end of its operational life, while also planning for a robust and resilient architecture for the future of low earth orbit. this legislation also supports nasa's science in aeronautics portf