hasbro has sold its units as the strike goes on.as refreshing to finally have new movies about new things and not just superheroes all the time. but the strike continued. where else can people turn for ip? >> with these franchises, whether it is barbie or hot wheels, these are familiar franchises. but you have not seen them in the movie format yet. i do have to point out that the thing with hasbro is that going back to 2010, they thought they were going to make a big push into mainstream entertainment, and they bought this studio, e one that does the likes of yellowjackets and the women king and these entertainment properties that are not associated with their brand. they said, let's get rid of these entertainment properties that don't have to do with our brands. let's hold on to the core family brands. so they are maintaining the ability to make content around the likes of their masks. and also, transformers . transforms was a hasbro property that they turned into films way back when. i think they're going to be working on trying t

stuart: okay, hasbro. where is that? , 167 and b of a is going where?auren: to $90 and highest target on the street and ohio% up from here and hasbro number one on s&p 500 and the reason is licensing revenue that comes from their app monopoly go. they get royalties continually from that. very optimistic. stuart: okay, workers demanding higher salary just to start a new job? how much higher are we talking about? lauren: nearly $80,000 to leave your old job and take a new one. stuart: that's not across the country for every job. lauren: up 8% from last year. for college educated workers, it's 98,0 98,600 and nearly $100 to lever your job and get a new one. lauren: i don't nerve nucleus any company that will pay that and companies are starting to pull back, in fact layoff workers and i was reading a report in the wall street journal saying new highers are getting 5% less than last year. might want it but doesn't mean you're going to get it. stuart: ceo of ibm is saying that -- warning about job losses. is this ai job losses? lauren: yeah -- well he thinks

eastern and stumbles into the red and thank hasbro for helping to keep s&p afloat in greener waters and toy maker right at top of s&p 500 and gaining 6.5% after stifel raised to a high of $94 a share and best in bank of america tuesday for $90 a share and hasbro gained eight full percentage points and nasdaq climbed back into positive territory after earlier dropping about # 87 pontos to the downsie and it's up 136. it is on pace to snap a three week losing streak. right now though it's not really getting any help at all from semiconductor stall worth and nvidia and down about 10 points and still up about 4% this week and look at marvel. and down three points or about 5.8% and on track for largest percentage decrease last october. and last six months and shares are stumbling after the chip maker posted a fall in the second quarter revenue and inflation where customers for its enterprise and big business chips and reporting earlier in the week and bringing back to jay powell and today said inflation is still above acceptable levels and proving inflation numbers is not a trend yet. >> the

hasbro currently trading just under 70. meantime a bad week for advanced auto parts continuing to fall after earnings and a slew of price target cuts. stock down 6% and lost more than half its value just this week. (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. >>> welcome back pap look at shares of nike. nicely on pace to record 11-session losing streak. slowdown footwear in china could weigh on the stock and down 16% so far this year. brining in seen jer rear search analyst at open moppenheimer. buy rate 150 price target on stock below 100 now. when do you throw in the towel? .

work on the shows as a collectible hasbro figure.nd only -- would you like to see the jimmy kimmel action figure? [ cheers and applause ] >> jimmy: oh! oh, wow. oh, look at this. wow. look at that. [ laughter ] i'm in carbonite! look at that. >> i like how they put you in your same suit. >> jimmy: i like how i'm being frozen in carbonite and i'm smiling. [ laughter ] like oh, this is great. what a pose. >> after 20 years, you know what i mean? nothing sticks to you. you could have me capturing you -- >> jimmy: oh, yeah, we could play together, yeah. [ laughter ] >> that's what it feels like when we make the show. >> jimmy: my background in martial arts finally pays off. [ laughter ] [ applause ] so there are a lot of -- you're kind of in charge of the "star wars" world, in some ways? right? >> one little corner of it on disney plus. >> jimmy: don't you consult and everything goes through you? >> we all talk to each other, but there's all different time periods, different filmmakers doing different storylines. they all have to feel co

she even moved up the day that she hasbro asked for by a few days. that may reflect the reality. i think when was referring to this. she'll need to have time to strike a jury, get the jury in the box and start the case in time to avoid the penalty that georgia speedy trial act would impose if she fails to meet that deadline. but what we've seen here, i think regardless of what chesbrough intended to ulises listed here is a remarkable show of strength by fani willis. all of those months where people were complaining that she was taking too long to get this case indicted, we see what was going on during that time period. she was lining everything, up she's ready to go to trial. >> amy look copeland, do the other defendants and the other defense council see and advantage to them and having at least one defendant, one other defendant, get a speedy trial so that they can see what the prosecutor has and how the prosecutors intend to prosecute these cases? >> absolutely, lawrence. i suspect that, if the trial goes forward on october 23rd, you look at the audience and you'll see 1830 att

i want to point out that nvidia is the worst performing stock in the s&p while hasbro has an upgradestock. it is hard to know if there is a signal within that market or just positioning. it is a friday. it is december and august. for amber, i'm alix steel. have a great weekend. this is bloomberg. i may be known for my legendary football career, but truth is, i love a bunch of sports. the only trouble is knowing where to find them. that's why i got xfinity. so, i can easily find and watch whatever sport i'm into all in one place without missing a thing. even if it's football, australian football, or football football. in a word—it's fitz-credible. i got to trademark that one. this season, eligible xfinity rewards members can get up to $100 off nfl sunday ticket from youtube. sign up for xfinity rewards now. >> happy friday. in new york, i am scarlet fu. >> i am sonali basak. we are kicking you off to the close. big day at jackson hole. s&p 500 index, a gain of point 3%. nasdaq 100 up over .1%. the two year yield is at 5.05. interesting moves, three basis point hike off the heels of th

on the flipside we have shares of hasbro is one of the best-performing stocks right now. bank of america bounding the table on this one. nvidia touching a fresh all-time high. it is retreating right now. an interesting set up into what should be a big set of earnings releases tomorrow. matt: we are definitely waiting for nvidia earnings tomorrow. but we are seeing a lot of option trading already. abigail doolittle has more on that. abigail: we are seeing a lot of options trading because we have had volatility for big tech up until today on the upside. a lot of times it clears the decks for the bulls to come back in. great insights from steve -- he says he doesn't think it is clearing of the deck, it is fomo buying, people wanting to buy the dip. that have been in nvidia up until today where we had a 2% decline. one reason could be the stock's huge move the last quarter. so much to live up to, they raised their guidance by 50%. we are likely to see a big move on thursday. of 15%, of a person, and then down in and for quite -- up 15%, up 8%, and then down in a big way that

the s&p 500 wins, top of that list, hasbro, lowe's, mode dharna, tesla, tesla at 238.opping the list, mode dharna, tesla number 2, s&l holdings, barbell technology on the list, the 10 year treasury has a lot of investors worried, 4.34%. the price of gold, $1900 and $22 per ounce, bitcoin struggling to hold $26,000 a coin, 26,010. the price of oil, $80 a barrel, 99, natural gas moving quickly, doesn't change much. the average price for a gallon of gas is down once and overnight, back to 385. same for diesel, diesel is unchanged overnight at 434 on average. coming up, we wandered away from the first republican debate. will president biden watch it? not of the white house has a say. role table. >> i hope not. i hope -- i don't know. stuart: a bit more on that later in the show. top white house economic advisor jared bernstein tired of being asked about inflation. he thinks questions over high prices are getting stale. larry kudlow on that right after this. ♪ ♪ (woman) what if my type 2 diabetes takes over? what if all i do isn't enough? or what if i can do diabetes differ

bank of america's raising its price target and reiterating a buy rating on hasbro thanks to the success of the monopoly go game, analysts say investors don't fully appreciate their potential to earn big licensing revenues from intellectual property library, including franchises like transformers and power rangers. all of that especially after we saw the success of barbie. shares up 7.5%. >> thank you, kristina partsinevelos. we're just getting started. up next, signs of life in the ipo market? arm holdings filing for its ipo this week. is this the start of a bigger boom in public markets? we're joined just after the break, we're live from the new york stock exchange and you're watching "closing bell" on cnbc. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'

compare that to double-digit sales drops for mattel and hasbro. but they're branching out.rting to get new kinds of lego, and of course leg f lego lasts longer than -- even adults enjoy leg fwoe. >> and the adults can have a little whiskey on the side while you're making a 4,000 piece item. >>> and birthday wishes to mr. warren buffett. he turns 93 today. i wonder what he would say about yesterday's story that you reach your financial peak in your early 50s. decisionally he seems as sharp as ever. we wish you a very happy birthday and we thank you for all the educating you're done over the years, and the capital you've made for your shareholders. >> yeah, absolutely amazing. millions of dollars in a single week. thank you for watching "power lunch." >> and i'll say the same, and i will remind you that "closing bell" starts in about six seconds. >>> thanks so much. welcome to "closing bell," i'm scott wapner live from post 9. this make or break hour begins with suddenly surging tech, and raising the question once again if this is the safest place to be in stocks. your score

hasbro. lauren: raised to highest on the street at $94 and the stock is only at $69.avid: quite a potential jump. lauren: number one on s&p. david: marvel technology. lauren: chips and stock down 6% and companies are holding awe on their upgrades and they said the recovery in china is weak. david: ulta beauty. lauren: raised full year guidance but stock is down 2 at any time 5%. selling more of expensive skincare brands and thought about that. people are saving money by not going to the dermatologist and buying the expensive skincare at ulta beauty. it's a positive for them and bad for the economy. they're down at least three brokerages cut price on the stock today. david: a security guard went viral for singing pop star's song and a mega fan spoke to fox digital about why he got fired for that. a third party political group no labels getting close to launching their own presidential bid and not saying who they'd nominate and many speculated it could be senator joe mansion. mark meredith has the full report on that coming up. top dnc advisers said president biden was

hasbro worried that the fake electors might be getting cold feet and drafted new memos. most it removed references to the actual plan, which was deliberately overturning an election. internally, inside trump world, this plane was so obviously illegal that nobody on trump's campaign staff wanted to touch it. trump's deputy campaign manager said, quote, here's the thing. the way that this has morphed, it's a crazy play. i don't know who wants to put their name on it. before a collector plane was very clearly not a fail safe to be used only if trump prevailed in court. that was clear because in at least one state in new mexico, they were gathering fake electors in the trump had no pending litigation challenging the election in that state. to prop up the fiction that these electors were a fail safe, they filed an election challenge suit six minutes before the deadline for the fake electors vote. i guess you had to hand it to them for the hustle. after all of this, on december 14th, the fake electors voted. all that remained with john eastman and president trump to convince e

i mean, come on. [ laughter ] some more business news, i heard that hasbro is struggling and they mayed to sell off some of their assets, including "peppa pig." [ audience ohs ] you know cash is tight i mean, look at this latest "peppa pig" episode i saw. >> mummy, help us sell lemonade >> sorry i have to go inside and post on my onlyfans account. >> pardon? [ laughter and applause >> steve: my goodness. >> jimmy: well, listen to this chick-fil-a just opened a break room in new york city, where delivery workers can stop for coffee, use the restroom, and charge their phones. that story, again, chick-fil-a opened a starbucks [ laughter ] and finally, a cat from florida that went missing two years ago was just found 1,400 miles from home in kansas yep. the owners were really excited, while the cat was like, take the hint [ laughter and applause we have a great show give it up for the roots, ladies and gentlemen ♪ [ cheers and applause >> jimmy: before we get the season twomiof my ickly mens show, "that's my jam." >> steyeah >>my: it is back ♪ [ cheers and applause >> steve: beard. >> jim

. >>> on today's "planner," we have results from hasbro and conoco phillips before the opening bell weazon and apple after the close of the bell. we hear from coinbase and booking holdings the bank of england will report the rate decision today at 7:00 a.m. today in the united states,richmond fed president tom barkin will speak at 8:30 a.m. his speech is "recession revisited. and we get weekly jobless claims and second quarter productivity claims. >>> and in legal news, former president trump is due in court today and expected to be arraigned on felony charges on the efforts to overturn his loss in the 2020 election >>> billionaire investor bill ackman is betting against the 30-year treasury against the hedge of the long-term rates on stocks he believes this is one of the few macro investments that offers upside gains which is greater than the downside risk he arguing if u.s. inflation is 3% in the long term instead of 2%, then 30-year treasury yields could hit 5.5% and he says it could happen soon. ackman said he will purchase options rather than shorting bonds. let's talk about that

visit indeed.com/hire >>> some s&p gainers, hasbro, moderna, tesla on the list, followed by medtronicaise the guidance we're a going to talk to the company later on this morning. moderate gains here for the s&p. 4408. dow is down marginally. stop trading with jim is coming up next. let innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows. sleep more deeply. and wake up rejuvenated. with purple's new mattresses fall asleep 20% faster have less aches and pains and sleep uninterrupted. right now save up to $900 off mattresses sets during purple's labor day sale. visit purple.com or a store near you nice footwork. maman, you're lucky,ng puwatching live sportse. never used to be this easy. now you can stream all your

and it's not what they're doing >> warner, we mentioned the strength of barbie, and speaking toys, hasbrohis is the high for the year here. they did talk about inventory reduction cost savings, selling a unit to lionsgate. >> i thought that was good this guy, chris cox, ever since he's come in, he's done a terrific job i was very skeptical brian golden was a guy -- the late brian golden -- had been consistent in trying to do w what -- by the way, just understand inan is mattel he didn't get -- he just got a few points from warner on the movie. was not -- it was all in the ancillary. it's all in the back end but goldman was doing the same thing, and it looks like that's being a little bit undone by cox, but what cox is doing is terrific so, we have two great ceos in the toy business that's unusual usually, one's good, and one's bad. this is a renaissance for toys right now. and it's good, because both guys are -- both people who run the companies, they're very good people >> we mentioned amazon tonight, and speaking of the cloud, jim, crm, below the 50-day, i'm trying to think. >> you go a

way, palo alto networks, as well nvidia, and tesla, neck and neck right below, almost 9% gape, and hasbrok for another special edition of taking stock. be sure to tune in at 6:00 p.m. eastern time, kick around the g ors t wk,hat matters and what's not a big deal for next week as well. "squawk on the street" right back. the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> this point i see us staying steady throughout the rest of this year. then we'll see how the data evolves. if we see inflation coming down quicker than we expect. this is what i'm hearing from the soft data i'm getting from my contacts. we might cut sooner rather than later but i think we have to let that play out. >> sooner being the first half of the year? >> we'll see. i can't predict that right now. >> patri

the economy hasbro over to present the first cap the year.wed but it will still have to happen to get inflation down. i do not know why everyone is celebrating at this point lisa: but momentum, why not jump on the fomo train? on the one hand, i want to laugh, is that really what you are saying? on the other hand, they have been right. there is too much energy to keep going up to fight against it. michael: they have been right, but for everybody who has been right, how many people said seven stocks would drive 67% of the s&p 500 this year? yes, we have enough market, but it is not necessarily a healthy no one was predicting the have trillion dollar companies rally 50% to 200% in seven months. they have been right on one measure but got in the long way. that should urge caution. you cannot rely on them to carry the market indefinitely. lisa: what would you have to see in terms of it broadening out? it healthier kind of that would make you lean in more to this rally? michael: we have seen some positive signs. i do not want to be totally negative