because jobs loved drexler's eye for designing stores.e apple stores. drexler had overhauled gap stores when he became ceo in 95, subsequently turning around the chain into a powerhouse. the style king with the midas touch then propelled j crew to the heights of outdoor chic of cabin cool. he joins me on my podcast which just dropped a few hours ago. he shares how growing up in the bronx in a little apartment shaped him into being one of the most successful retail clothing ceos in history. you can hear it on google, apple, spotify, i heart radio wherever you download your podcasts. such a great story. he's the name in retail, mickey drexler. >>> all right, we are coming right back. we have some green on the screen for the dow jones leaders here, travelers, verizon, united healthcare, coca-cola, visa and walmart are at the top of the dow heat map. ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. the chase ink business premier card is made for people like sa

retail guru and former gap, ann taylor and j.crew ceo mickey drexler opens the shopping bag post-cyber monday to talk about why investors need to dig deep to find the real success stories and which spocks -- stocks control that success story. and number three, an excruciatingly worrisome development out of the middle east. three of the baby hostages yet to be leased have been passed off to a splinter terror group in gaza is, and no sign yet of american hostages either. gop presidential candidate chris christie joins us live on what must be done starting now to end the hostage crisis as talks are swirling about a possible second extension of the gaza ceasefire if. all right. back on wall street, the bulls are decidedly in control of oil and bitcoin. take a look at crude oil, up 2% ahead of thursday's opec meeting, and bitcoin holding above $38,000. we're at $38,144. as a federal judge blocked binance founder and ceo from leaving the country after the crypto exchange founder and uae resident pled guilty to violating anti-money laundering laws. with so much to cover, let's get right to th

we talk to retail guru mickey dr drexler in the next hour.back. - so, the question is... - cyber attack! as cyber criminals expand their toolkit, we must expand as well. we need to rethink... next level moments, need the next level network. [speaker continues in the background] the network with 24/7 built-in security. chip? at&t business. ♪ upbeat music ♪ ♪ upbeat music ♪ ♪ upbeat music ♪ ♪ upbeat music ♪ ♪ upbeat music ♪ ♪ upbeat music ♪ >>> good morning, is wall street set up for a santa clause rally, we're going to read the charts and find out if there is room to run as we head into the final month of 2023. >>> testing open ai's valuation, how much has the past week's leadership chaos cost the company and its backers. >>> plus, black friday is in the books. small business saturday is behind us, and today is cyber monday. we're going to take an outlook at this year's holiday shopping season and the state of the consumer with mickey drexler. that's straight ahead. the second hour of "squawk box" begins right now. >>> good morning, and welcom

it was like the mickey drexler -- remember gap would go up every year?his thing reminds me of, all right, get away from the beaten path get away from the magnificent seven. you're beginning to find stories that are monster good. williams sonoma reports this quarter. they don't even care about the same store sales they're just talking about profitability. david, next thing you know, you got a stock that 's up ten. we are making money in stocks that we haven't looked at in ages >> all right, so, williams sonoma has not been an underperformer macy's and gap, you know, nobody -- by the way, the market caps of these things are tiny. gap was waonce a giant we really did care honestly, who cares -- >> you want to go back to the ten-year plus 7 show >> who cares about gap why do you care? >> people can make money they can go to the store, go to old navy, see the fresh look, see the -- check the comp store sales numbers and on a percentage basis, this is every bit as good as what you get from nvidia in the last month >> you're absolutely right there you go i want

drexler questionn over here? over here than over here okay? >> that was great, thank you. it came out of a class and art history professor teaching photographs, a lot of interiors photos of fdr i was showing a photo in d.c. in her bedroom with fdr on the wall those 2014. i'm still thinking about it. one of my students said my dad gave me a portrait of obama for my apartment i would not of have thought to do that myself. but now that he gave it to me and when to put in my apartment. obama was the first president in a long time where people did that. theyey put his portrait in their homes so i started thinking stat it, thinking about jfk and i started thinking about it in relation to media like fdr, radio. are there others, thinking of photography in particular and mean?oes that i know it happens in other places and other kinds of government. but for us in the u.s. i am thinking how this connects everything we've been talking about. >> interesting story in this regard 1860 abraham lincoln goes to new york a is a famous addres at cooper union. while he is there the famous pho

>> i do, i was listening to nicky drexler earlier on and the sales started early and hard to take as a pulse of what will happen during the christmas season there's no question that the consumer has an insashable appetite to spend and head back to the work force and deal with lower pages and tapping out ppp money and just simply tapping out credit and coming home to roost. stuart: looking for a nice november and santa claus rally as well. thanks, indeed, we'll see you again soon. thank you, your honor is looking at movers and better look at anson. lauren: up three days in a row and gets momentum, black friday, cyber monday and holiday shopping underway and amazon doing the best to get your items quick and at a decent price, tons of deals. stuart: roku ---lauren: surging. stuart: straight up. lauren: shares have more than doubled this year. there's a company i never heard of them and pulled the report called cannon ball research and buy roku and see the stock going to $116 per share? stuart: i'll take that. pinterest? lauren: initiated coverage and also at buy. $48 price target. that'

if you listen to, i think, drexler was on earlier. 20 years ago, you talk to him, it was always that.> i bumped into him once, and i introduced myself. this was at a bagel place, and i said, how you doing? he said, inventory. i said, no, i mean, i'm just a big admirer of your work. mr. inventory. that's all right. he's a great guy. he can get away with saying, inventory. >> he did say, what, 40-some-odd black fridays he's witnessed as a working adult and said, we've trained the consumer to wait. he said, i think they will wait for prices to get better. >> i think you're right. there are people who actually pay real close attention to stuff, and then there are people who say, i'll go on amazon, it will come to my house. it's terrific. i asked my wife, geez, this amazon, they must really like you. she said, they send me presents every day. people shop every day on amazon, and i think that's what we're going to hear, and i just think that jassy was brilliant. i think this was a power play move by jassy. >> how about this "journal" piece? >> that's what i was just looking for. >> overtaki