and david fabers hair tweets, mankind will be able to compete with me. david, this whole time, from your hair. >> he's not david fabers' hair. >> i don't know who david fabers' hair is. i will say this. they're very witty. wittier than i am. my hair somehow funnier than i am. >> a miracle, isn't it? >> yeah. thank you for that hair wit, wherever you are. >> let's get to t here's what you might have missed if you are just joining us this morning. >> announcer: welcome to "squawk on the street." here's what's happened so far. >> qe looks like from their perspective, it may have done about all it can do, and so what's the instinct? the instinct of my colleagues are the weak colleague create a new tool, a third tool, which goes under the very kind sounding name of forward guidance. >> men's warehouse is proposing to buy joseph a. bank -- >> we thought it might be the way around. >> right. >> if you're obama, you're watching the show -- probably not -- but if you were, i think you'd be saying, we didn't raise taxes high enough! these people are still spending!

big news broke from david faber a few moments ago. rent, seeking advice on anti-trust implications of a potential time warner cable deal, citing sources here. comcast and time warner cable apparently not actively discussing deal terms but time warner cable making clear that comcast, our parent, is their preferred buyer. craig moffett is here this morning. >> good to talk to you. and kudos to david for quite a scoop there. >> it does move the ball forward in a big way. what does it mean for our parent? how would it fit if it were to work? >> well, look, the synergies here are very real and comcast is a better fit probably than charter in some sense in that if charter follows through with the kind of numbers that were reported by the wall street journal this morning, you're looking at an entity that would be levered at more than six times ebidta. that's a tremendous amount of leverage. the cable industry was trading at about six times ebidta as recently last year. that's a very aggressive level of debt. i think that's one of the reasons

david faber with retails on that earning report. don't miss an exclusive interview with hp ceo meg whitman at 8 a.m. with "squawk on the street." joining us is jim cramer. can we get your reaction from hp figures? >> i like them. commercial revenue. there's a lot of things going in the right direction for meg. i've got to tell you, what david said about the improving balance sheet, i cannot believe how horrible the balance sheet was when whitman came in and it keeps going better, more than $1 billion in debt. printing, i think, was a standout. i believe the deal they made with the new sales force one platform is going to be very good for them. a lot to like here. the stock is still way behind the market. it's fuddy. stock's going to be up a lot. >> i wonder, just looking at the price we've seen here and a lot of comments about workday yesterday being so expensive, isn't hp expensive here? stalk about valuation and how investors should be thinking about that. >> look, hp is a big cyclical stock. if you get an upturn, then you are goi

david faber is doing more digging around this story. we'll be back with more later on. for now, big movers. back over to you. >> heading toward the close, 50 minutes left in the trading session here. the dow up 40 points. record territory. any positive close for the dow is a record. the s&p looks like it could close above 1800 for the first time ever. >> 16,000, 1800, the next thing we'll be talking about nasdaq 5,000. >> let's not get ahead of ourselves. >> what a debut for clothing designer vince. up 40% after the ipo. ceo jill granoff lays out her company exclusively on the "closing bell." >>> california's health insurance exchange says you cannot keep your plan even if you like it. they voted against extending canceled health care policies, going against what the president wants. coming up, we'll talk about who will take the blame. the insurers or president obama. stay tuned. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. td

broken first by david faber. david joins us on the phone with the latest. stock up 4% on comcast and 9% on time warner. david, what can you tell us? >> clearly investors are embracing the idea of consolidation. what we reported this morning is that comcast has employed people to advise it on the feasibility of a time warner cable acquisition. particularly from the regulatory hurdles it might face and whether it could overcome those hurdles. they aren't specifics to any trust because the caps for cable ownership was thrown out some time ago. but there is still a question as to whether the fcc would allow comcast actually acquire time warner cable for any number of reasons, including, it might control as many as 37 million separate house holds. perhaps too much power with programmers. time warner itself has been under siege to a certain extent. we know charter and liberty, since last june have been eyeing that company, trying to get it to the negotiating table, to agree to discuss a deal under which the much smaller charter would acquire time warner cable. th

i was going over that with my friend david faber, by the stock in the doghouse. they need to do a shakeup. they need to change their rental construction business. maybe sell it to uri. taking a stroll in the garden of growth stocks, be prepared for some risk. but remember with risk come great reward. stay with cramer. >>> coming up -- oil patch comeback? rising shale player magnum hunter has been gushing with gains. can the stock still deliver great returns? cramer's drilling down with the ceo. >>> and later prince of the permian? pioneer is drawing position in what could be the second largest oil field in the world has helped its profits soar five fold. but will falling oil prices put the pinch on its growth? don't miss cramer's exclusive. >>> plus, under the weather? nps pharmaceuticals had been on a healthy surge this year, up over 150%. but shares took a nosedive today after it reported. are investors simply cashing in or should you be concerned about its vital signs? all coming up on "mad money." don't miss a second of "mad money." follow @jimcramer on twitt

>> i was talking with about that with david faber and carl quintanilla and it is absolutely extraordinary to me that this company's worth so much. so much more than people thought, because of ali baba or yahoo japan, i would wait for a down moment and buy some yahoo. as tolstoy said, all bull markets are unhappy in their own way. stay with cramer. >>> terrific trifecta. three retail reports, three serious sell-offs and they only have one thing in common. cramer thinks they could be headed up from here. don't miss these diamonds in the rough next. >> and later, fee for all? falling fuel prices and deep discount airfare help throttle the stock of spirit airlines this year, but was its doubling just the first leg of the flight? fasten your seat belts. you're about to find out. plus, the right fit? from google glass to smart watches, wearable tech is the next big thing. does fit bit's line of activity trackers have the fuel to hang with the big boys, joan us when follow the future continues. >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer. #

yes, they will announce earnings that day and david faber and i will be talking to the ceo. this stock left for dead around this time last year now up a staggering 77% for 2013. i don't think it's done. we talk of a bottoming personal computer sales. taking a huge amount of debt to go private. we know hewlett packard has done a ground breaking deal with salesforce.com to extend its cloud reach and extremely valuable printer franchise. we know the company boosted dividend recently. all this sounds pretty positive to me. i would not be surprised if hpq delivers a number higher, not lower. i like meg whitman, i think she's doing a terrific job. unlike workday, it is not expensive and has a decent yield to fall back on if the company does indeed miss earnings or have the guided lower. we've had so many retailers report this week that i don't know about you but i'm experiencing a bit of retail fatigue. the ceo of gap used that phrase and i liked it so i appropriated it. there are three retailers i like very much to put up good numbers next week. tiffany, cracker barrel and dsw. c

. >> first we're going to check out time warner cable, the stock surging after cnbc's david faber reported that comcast is a potential bidder for the company. faber says while comcast is seeking advice on the anti-trust implications of the deal, the two companies are not actively discussing it. shares of comcast our parent corporation are up as sources tell david its shareholders are encouraging management to consider the purchase. comcast is the parent of nbc universal of which you know cnbc is a unit of. ty. >> and now as promised, here is my friend, scott wapner from the robinhood conference. hi, scott. >> thanks so much. live television from a mid-town hotel, that's what happens sometimes. we are here, we are live. the presentations are continuing down the hall behind us. bill ackman was on the stage earlier today doubling down if you will on herbalife. he did give another presentation. that trade hasn't gone well for him over the past year. it's not going that well for him today. look at that stock. so ackman went on stage, presented on herbalife. the stoikz up. up 5% right now, perha

david faber here with new information on hewlett-packard. stick around.market-moving for tomorrow. you're watching cnbc. that's mine. ♪ that's mine. ♪ come on, kyle. ♪ [ horn honks ] that's mine...kyle. [ male announcer ] revenge is best served with 272 horses. now get the best offers of the season. current lessees with an expiring lease get this 2014 ats for around $299 a month. ♪ losing thrusters. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out of here. warp speed. ♪ warp speed. in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see th

david faber, my co-host along with carl quintanilla on "squawk on the street," he is chiding me. he's looking at -- there are three good a.c.t. words. here's the problem, the stock has been on fire, they're fixing their balance sheet, i think the order's going to be there. i'm not backing away even though we've got a big gain. i still like alu. mitch in california, mitch? >> caller: hey, jim, my question's regarding lionsgate entertainment. the stock's been performing over 100% year-to-date and in the past month trading about 8% below the all-time high. i would like to know a good play going into earnings season this week as well as the new "hunger games" film. >> you've got to get through earnings before you get to "hunger games." i think "hunger games" is going to be good. i underestimated the first "hunger games." stock was at 16, went to 20 and proceeded to go to 30. i believe you have to wait until after the quarter and then it awaits you. are you atwitter about a social media ipo? and you know which one i mean. be prudent, don't be crazy. "mad money" will be right back. >>>

david faber reporting that eminence capital took a 9.8% stake in the company and urged it to solicitell itself. also urged them to talk to joseph a. bank who earlier in the week said it would raise its bid if it could see men's warehouses books which was rejected by men's warehouse. then there's geron soaring to a four-year high on heavy trading. also amc networks fell after the cable tv's third quarter profits misread forecasts. it spent more on programming to replace marquee shows such as, of course, "breaking bad." qualcomm lower. posting weaker than expected fourth quarter earnings and warned that current quarter sales would be below forecast. those qcom shares taking it on the chin. back over to you. >>> heading toward the close, 30 minutes left. i just heard from art cashin that selling pressure is not that strong. only $75 million to sell right now. but we are down 126 points on the dow. and the nasdaq is down 1.5% today. big selloff. twitter fever, though, is sweeping the new york stock exchange floor. is it contagious? is twitter a buy with the college crowd? we'll get the a

our own david faber citing sources said eminence capital has taken a 9.8% stake in the company and islicit takeover bids. he also wants men's wearhouse to speak to joseph a. bank who earlier this week said it's willing to raise its bid for the company. those shares are also up, tyler. back to you. >> thank you very much. >>> one of twitter's key demographics is, of course, the so-called millennial generation. but what do high school investment clubs think about twitter the stock? seema you've been looking into this. >> wall street cares about what these teens. remember last week when facebook said teen usage is decreasing, the stock moved lower. now, these student investment clubs we spoke to all said that they use twitter, but that that could change. >> we're going to talk about the twitter ipo. >> reporter: at warwick valley high school in warwick, new york, twitter is a hot topic with the school's investment club. how many of you use twitter? the group's been looking into the ipo and considering if they would pick the stock for their fantasy portfolios. >> it's going to go up, and

. >> good tuesday morning, welcome to "squawk on the street," i'm carl quintanilla, david faber and in europe some very weak action in the banks as we see more hand wringing over the rising euro and predictions over whether draghi will cut rates this week. several big consumers names reporting better-than-expected results. find out what it means for spending ahead of the holiday season. >> hey, we're just two days away from that twitter ipo. bet you haven't heard that before. find out why the head of nyse said not every ipo goes to the moon. >> and apple has tripled the number since last year's launch. >> t-mobile posting a rise in q3 revenues as the company added more than a million customers in the period. got to start with kors. 71 cents, beats by 3 cents, same-store sales plus 23. not the 45s, 41s we were seeing a few quarters ago. >> still, this is an amazing story. the last bit of research we had was a downgrade betting this would not be that great. plus we added the addition to the s&p. there was a lot of previous earnings, chatter about it. they have the best growth in any reta

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.utures have a decent tone, despite some stocks that will struggle at the open, like abercrombie, like tesla. and europe got a boost from a blowout number out of manufacturing out of germany this morning. twitter set to price tonight, begin trading tomorrow. right behind us here at post nine. >> tesla shares, they're skidding today after vehicles delivered missed expectations. earnings and revenues did come in ahead of consensus. >> abercrombie and finch posting a seventh consecutive quarterly drop in guidance. >> our guest says he knows who the next microsoft ceo will be. >> and twitter will expect it sell 70 million shares between $23 and $25 each. tune in tomorrow for our special coverage of the wall street debut on twitter. it is above the fold today for "usa today," retailers talking about going from 45 to 48. >> may i just say their coverage has been exemplary. every article they have -- yesterday was terrific, today was terrific. you have to read "usa today." here's what worries

david faber is off. given this news out of walmart, we are going to get him on the phone. company veteran, dug mcmillon will succeed steve duke. you were just talking with andrew about why you would do this days before the holiday season would start and why mike duke is leaving years before expected. >> he hasn't been there but since 2009. his predecessor, lee scott, 2000 to 2009. it seems like a shortened period. also, as someone who follows retail closely, this is not the time to change horses, so to speak. at the same time, i am sure this company will, without a doubt, say it is seamless. i want to hear from david, that there is nothing pertinent that would make it so this seems wrong. i don't think it is right. >> david, you do know mcmillon well. what can you tell us? >> i spent a good amount of time doing our last document on walmart, which has to be about five years ago. then, there was a lot of speculation he would be the next ceo. i remember distinctly discussing it with him. it did make air on the documentary, that idea. he was running international. we spent a c

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.nanke gave dovish comments last night at the economic club of washington. we'll talk about that and the flurry of earnings out today. 10-year yield may see some action. europe is down for the second consecutive day. our road map begins with jcpenney, a pleasant october surprise as comp sales rise for the month. trends look upbeat for the month and is giving the stock a big boost in the premarket. >> deere jumps on quarterlies but lowes falls. >> and you're going to want to hear what yahoo! ceo marissa mayer had to say last night in san francisco. we'll have that for you. >> shares of jcpenney up sharply despite a wider than expected quarterly lost. mike ullman says penney's is encouraged by the open in november. they're talking $2 billion plus in liquidity, sequential increases in margins and comps. >> there was a whisper around they would lose $2. this is the agabeginning what i have would call the normalization of jcpenney. they're going to go back to being nothing, just another reta

last week, david faber reported that comcast was contemplate ago bid. cox and time warner cable stock -- time warner cable stock, first of all, up nearly 4% in frankfurt. >>> several private equity firms are reportedly mulling a buyout of compuware. a deal could be reached by early january, although the situation is being described as fluid. compuware stock not showing us anything in frankfurt. >>> meanwhile, silvio berlusconi is facing a senate decision that could finally expel him from parliament. >>> and joining forces to raise money on a homeless interpoint. , just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. you can fill

which has also said to be interested in having made comcast take a look at it, according to our david faber. so the cable stocks are higher with the exception of charter. and there are a couple of stocks trading to the downside, one being archer daniels midland. the australian government squashed its purchase of a grain corp. for $2.6 billion, caving in to demands of some farmers, so it's down about 2.5% on that news. back to you. >> all right, mary, thank you very much. let's go to sheila at the nasdaq. you're getting pretty comfortable above that 4,000 level, aren't you? >> very comfortable. i mean, take a look at the nasdaq composite at 4,070. fresh 13-year high for the index. today, we are at session highs right now, so looking for a very strong close. now, a big part of today's gains has to do with large-cap tech. apple, seeing a nice lift. we've seen this uptrend all week, and we're continuing that today. it is beyond the 550 level, which is one we haven't seen since january. take a look at microsoft and yahoo! as well, showing solid gains. biotech, this has been such a big winner on

i'm carl quintanilla with jim cramer and david faber. 10-year yield easing right around 2 opinion 74oday. >> it's always

i'm here with jim cramer, david faber of the new york stock exchange. it is veteran's day.h the bond market is closed. the nyse will honor the nations veterans before the opening bell. we extend our thanks, as well. oil is one to watch as talks

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.ts last night at the economic club of washington. we'll talk about that and the flurry of earnings out today. 10-year yield may see some action.

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.utures are steady here, despite an odd combination of mostly negative corporate news. walmart, kohl's, cisco, lockheed. we also wait for janet yellen's confirmation hearing to begin in about an hour. the q & a could get interesting, still right around 2.71. europe meantime seeing relief after that tough session on yesterday. we begin with fed chair nominee janet yellen's confirmation hearings today. >> cisco reports first quarter sales fall about 300 million short of consensus and warns week emerging market demand could suppress second quarter revenues as well. >> and jpmorgan cancels a twitter q & a with a top banker after being flooded with insulting questions. >> first up, when janet yellen appears before the senate banking committee, she's expected to defend the easing strategy. she says a strong recovery will ultimately enable the fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases. yellen add, "i believe that supporting the

i'm david faber with kayla tausche. it's bring your kid to work day on what lab shortened trading day for the markets. the stock market will close at 1:00 p.m., the bond market i believe at 2:00 p.m. we are poised at what would seem a higher open. we're not going to get a lot of hours of trading in. as in for the 10-year note yield, let's take a look and see where we are. there it is. 27.66. and we'll go to the map in europe where i can never figure out the geography. >> you know the boot is italy. >> i know the boot is italy and i can pick up russia. our road map here back in the united states starts with what else, retail. millions of shoppers, yes, millions hitting the stores for black friday. we'll go live to say how sales are going. brian? >> the markets are open today for an abbreviated trading session and we are poised to open at record highs again, which will be about the 40th time this year. i guess you guys could say that here on "squawk on the street." the nasdaq finishing wednesday's session at a 13-year hig

i'm david faber with jim cramer and kelly evans live from the new york stock exchange.tanilla has the day off. one day after the dow and s&p closed at record highs, we are sitting up for a bit of a higher open. 10-year always important. heard from yellen

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.t will struggle at the open, like abercrombie, like tesla. and europe got a

i'm carl quintanilla with jim cramer and david faber. 10-year yield easing right around 2 opinion 74s morning. our audio board's on fire today. >> it's always nice to hear porky pig. >> overnight in asia, shanghai and hong kong down sharply, some disappointed in that four-day meeting of leaders and bank of england cutting its forecast for inflation. macy's beating profits, affirming on the year. >> and a fight with kraft ends up costing the coffee giant $2.8 million. >> tesla confirming there are no plan foors recall. outlines his vision and fires back at george clooney. >> and doubts continue to compound about completing fixes for the end of the month on baum care. >> revenues beat consensus at revenues are up 3.5 prgs. the ceo says numbers are extremely strong. sales trends at bloomingdale's doing well. >> big name for my charitable trust. ta terry lundgren has been able to go against amazon. in is always who's got the anti-amazon game plan. he can move around merchandise. he's got my macy's, the regionalization. if you go there friday night in pittsburgh, you will find steeler-lik

i'm david faber along with simon hobbs and jon forte.illa got an early start on the holiday. we prepared for this wednesday of trading. the implied open would seem to be to the positive for all the major averages. as for the 10-year

i'm carl quintanilla along with david faber.n san francisco is jim cramer at the user conference dreamforce 2013. still celebrating the eagles' win yesterday, what is going to happen? >> this is a love fest between companies that are using the cloud. they are cutting out the traditional way that companies get their software. >> earnings tonight, they have totally redone the center, david and not only mc hammer, tony bennett, but green day. jim, i assume you're going to go to all of those? >> i have to go to them. i am credentialed, carl. how about this tunnel behind me. this is the largest tunnel in north america. it's assembled at the uk, brought here by ship. you know how he likes to do things on a creative scale. >> oh, yeah. in the meantime, jim, futures are pretty steady, as you know. watch for what they are calling a hat trick. s&p, 1800. ten years under 2.7. up 3% in reaction to some of the reforms coming out of china. our roadmap begins with major market downsizing to 16,000. s&p shy and the nasdaq very close to 4k. >>>

i'm here with jim cramer, david faber of the new york stock exchange. it is veteran's day. with that, stocks are opened. although the bond market is closed. the nyse will honor the nations veterans before the opening bell. we extend our thanks, as well. oil is one to watch as talks between the u.s. and iran fail over nuclear weapons. overall, a busy week over earnings and yellen's confirmation hearings later in the week. the markets potentially taking a breather after the dow hit a new high friday, both it and the s&p closed down a fifth consecutive week of gains. volatile after iran's nuclear program stumbled. amazon strikes deal with the u.s. postal service to deliver some packages on sunday, while the chinese rival ali baba wraps up $3 billion in one day. >>> transocean has a proxy battle. we'll talk about that. >>> we begin with the dow coming off another record high t. blue chips up 4.5%, marking five consecutive weengs of gains. following one of the papers today, the front of the "journal" arguing the retail investor is somehow back. stocks regain broad appeal, mom an

eem ca i'm carl quintanilla, jim cramer, david faber. what a show we have today.y as another record high. then theres at bond market after being closed for veteran's day, a strong overnight

i'm david faber with jim cramer and kelly evans live from the new york stock exchange. carl quintanilla has the day off. one day after the dow and s&p closed at record highs, we are sitting up for a bit of a higher open. 10-year always important. heard from yellen yesterday. taper? no. probably not. i'll leave that to kelly evans. 2.7. we've been hanging around that range for some time. let's go overseas and take a look. it was really asia that had the strongest markets in the world with the nikkei in particular. can you see it up 2%. 7.7% last week for the nikkei of course, they're pressuring that yen again, the dollar gets stronger and you see what happens as they're trying to get thing back on track in a sense after a gdp number that was a little lower than some had hoped for. let's get to our road map this morning. where does it start? the dow and s&p, starting from another set of new highs and looking to extend the overnight cali throughout. >> moody's cutting its ratings on bank saying the government is less likely to jump to rescue in the future. >> and paulson a

i'm carl quintanilla, jim cramer, david faber and kelly evans. >> after two straight months of gainsushing gold down to two-week lows today, going for

i'm david faber along with simon hobbs and jon forte. jim cramer and carl quintanilla got an early start on the holiday. we prepared for this wednesday of trading. the implied open would seem to be to the positive for all the major averages. as for the 10-year yield, i would guess around 2.71, has been more or less stable, at least let's call it for the last few days. as for europe, going over there for the continent, across the atlantic? >> it's positive. >> thank you, simon. except for where's that red there? i don't know even know where that is. >> germany. >> it much smaller than you might this. >> we have a new coalition government in germany. they may be about to expel silvio berlusconi. >> we have a live and exclusive interview with hewlett packard ceo meg whitman is coming up. >> the nasdaq coming off its first close above 4,000 in more than 14 years. >> triple a is projecting more than 43 million americans will journey 50 miles or more away from home between now and sunday but stormy weather on the east coast is wreaking havoc o

i'm david faber with jim cramer live from the new york stock exchange.day off. the latest shiller home index has been released. we'll show you the case-shiller index shortly and break down the numb

eem ca i'm carl quintanilla, jim cramer, david faber. what a show we have today. the dow starts today as another record high. then theres at bond market after being closed for veteran's day, a strong overnight in asia, japan was up 2% but europe is red across the board on some weak u.k. cpi. respectively sitting at or around new highs, the nikkei logging its best gain in two months. >> apple puts ice new ipad retina on the market. >> and walmart steps up the competition. another record close for the dow. the s&p finishing just a fraction high of the all-time high. the nikkei closes at a high. and up say, jim, the dips are bought again and again and they are. >> a lot of times it's just the intra day dip. something might happen, a piece of data comes out and people say this is my chance. there's a classic downgrade today of fedex. fedex has been on fire. that deal with amazon and the post office, that is bad for fedex. watch that stock. that will be the tell. it will go down a little and then buyers come in. buyers cannot resist the transports. >> the downgrade of

i'm carl quintanilla, with carl cramer who made his way home and david faber. jpmorgan, tesla, retail earning, just wait until we walk you through home depot and best buy coming up in a moment the 10-year yield worth watching as well and europe moderately in the red as asia does retreat from the big gains yesterday. we have hit dow 16,000 and s&p 1,800. but then those comments from carl icahn yesterday spoiled the party a bit. >> there could be an announcement this morning involving that $13 billion settlement between the department of justice and jpmorgan chase. if and when, we'll fill you in. >> more problems for tesla as the automaker is the subject of a formal government probe involving fires in the model s. >> the dow hit 16,000, the s&p 1,800 yesterday. both closed below those levels after carl icahn expressed concerns about current valuations, saying that stocks, in his words, could face a big drop. jim, the story for retail in the fourth quarter is going to be price competition and margin pressure? >> i think companies mentioning price competition, best

. >> good tuesday morning, welcome to "squawk on the street," i'm carl quintanilla, david faber and inion in the banks as we see more hand wringing over the rising euro and predictions ove

i'm carl quintanilla along with david faber.conference dreamforce 2013. still celebrating the

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.tion of mostly negative corporate news. walmart, kohl's, cisco, lockheed. we also wait for janet yellen's confirmation hearing to begin in about an hour. the q & a could get interesting, still right around

i'm carl quintanilla, with carl cramer who made his way home and david faber., just wait until we walk you through home depot and best buy coming up in a moment the 10-yearie

i'm david faber with kayla tausche.ding day for the markets.

i'm carl quintanilla, jim cramer, david faber and kelly evans. >> after two straight months of gains for stocks, a big jump. the 10-year yield, some of the fed anxiety pushing gold down to two-week lows today, going for its first weekly drop in three. orroad m our road map begins with a 4.5% gain for the s&p. >> the ipad air hits apple stores around the globe today and the lines have already formed. but but we have one on set right now. >> lower refining margins again. >> and thinking outside the box, the container store makes its nyse debut today. >> we'll talk about the ipo coming our way. >> score one for the bulls in october. the dow and s&p hitting record highs, dow up 2.75%, the s&p rose nearly 4.5%, nasdaq up nearly 4% as well. we know about october. the first trading day of the month this year has traded negative only twice in april and may and we all remember the very first trading day of the year, that 300 plus point gain for the dow, jim. >> it seems like the old days when we used to call it mutual fund monday we used to have and at the beginning of each month there would

david faber is off. given this news out of walmart, we are going to get him on the phone.you were just talking with andrew about why you would do this days before theid

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.day, wants to add a little bit more. we wait for bill ackman to renew his attack on herbalife today.

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. twitter finally going public today, pricing 70 million shares, $26 each. that's above the expected range of 23 to 25. company will raise at least $1.8 billion and trade under the ticker twtr. the ipo values twitter at 14, $18 billion that, number still to be determined. we'll talk with twitter ceo dick costolo right after the opening bell, a lot of other special interviews throughout the morning. you've been tweeting. how meta is that about just how overallocated this is? >> i did just about ten minutes ago, speaking to a number of hedge fund managers this morning, who all of course are disappointed in their allocations but not surprised. but for 2 million you get 5,000. you put in for 7,000, you get 10,000. but they've also been providing color buy as you might expect the underwriter goldman sachs. i've heard the deal is about 30 times oversubscribed, which is a nice amount. and that the top, you know, ten holders got 50% of the deal, the top 30 accounts got 75% and 300 were shut out