wilbert than expected earnings from one of the biggest company's intel, change it? >>> and formidable growth in the earnings reports, they may have to settle for something else. all that and more tonight on "nightly business report" for tuesday, october 14th. >>> good evening, everyone, stocks on wall street stabilized after a three-day selloff, but in the oil market prices fall, the biggest one-day drop in two years on the same day the international agency once again lowered the global demand for next year. so if you want to understand the impact of a weak global economy just look at the prices, domestic crude oil fell over 4% closing over $82 a barrel since 2012. brent crude oil closed at the lowest level since 2010, tyler? >>> all right, so why is oil lowering so much, there is a concern for investors who own oil-related shares. here is the founding partner with again capital, you again? >> back. >> nice to have you here. very simply stated why are prices falling as much as they are, as fast as they are? >> it is a one-two punch, tyler, part of it is the slowing

intel numbers coming right up. we have a busy hour. "after the bell" starts right now >> the second the intel numbers come out we'll get them to you. meantime let's get right to today's market action. kim forest joins the group here, fort pitt capital group. focused on upcoming earnings season. good for you, kim. john merrill. he isn't concerned with daley volatility. good for you. these will be great guests. larry shover in the pits of the cme. larry, swipe the -- wipe the sweat off your brow and tell us what it is like today. >> a lot of twists and turns, but guess what? no trap tore. after a three-day drubbing doesn't seem like a trap door. we'll finish the day positive. keep in mind a lost psychological damage, a little bit of nibbling going on but no heroes today. people stepping back now that the s&p is trading 15 times multiple but no heroes. they're pointing not what is happening or what is not happening. pointing back to last week, three numbers in germany, that upset the applecart. negative narrative is dominating the landsca

even speaking of intel, intel's third quarter profits rose 12% as revenues rose nearly 8%.he company pc sales improve an effort to put more processors and tablets is bearing fruit. intel is upbeat about the fourth quarter, predicting revenue to grow 10%. >> there's no guarantees in business. but we have great technology coming into the system. we're starting to participate in a wider range of devices. our data center is benefiting from all this growth of connected to the internet 37. >> the company beat street expectations. let's briven in brook simpson, brett, thanks for joining us. better than expected reports on intel. a lot of that being driven by the pc division. how much can pcs help intel's profitability going forward? >> that's a great question. we've seen in the last 12 months an elevated corporate refresh in pcs. i think since microsoft demands ending support for windows xp, we've seen cios tell us that they have looked at refreshing their pcs over the last month. that refresh cycle has brought about a recovery. and will the consumer start to rebalance? we've seen

intel up 1.63%. full coverage, intel's earnings, results on "after the bell." david asman and i will walk you through the company. and tomorrow, intel ceo is joining me on a first on fox interview. we'll be talking about his favorite area. there is so much happening right now. whether it's mobile or pc's or tablets or wherables. what does he like right now? and china's key role in intel's growth. tomorrow, 3:00 p.m. eastern, a dow component held by a lot of you on fox business. closing bell 49 minutes away, we keep hearing the debate whether we're ready to combat an ebola outbreak in the country. what about the massive price tag of treating a single ebola patient. who pays? and could the u.s. hospital system cope with a widespread pandemic? joined by former surgeon general dr. richard carmona and dr. amesh adalja on all of the issues and more. >>> plus fighting in the middle east and a european slowdown, which european country could be on the brink of debt ratings downgrade. james mccormack global head of sovereign and supernatural -- supernational -- supernatu

intel conference call starting right now. shares are higher after the company beat earnings and revenue estimates. we'll break down what it means for the chip makers. but tonight's big story, crude down nearly 5%, biggest loss in merely t nearly into years. and i wi oil stocks getting hard. s&p 500 barely eeking out a gain, while the dow closed will in the red. and we saw the s&p up almost a percent at one point and then, poof, it was gone by the close. >> and again i feel like it's one of the things where it's the margin calls that are hitting people in the energy space. when you look at the leverage, we got this move now how many days in a row where it's been the setti inselling hitting the. xlu, 52 lows. is it time to buy? i don't see a reason yet. >> you look at the xle and where the buying was,wlows. is it time to buy? i don't see a reason yet. >> you look at the xle and where the buying was,elows. is it time to buy? i don't see a reason yet. >> you look at the xle and where the buying was,eklows. is it time to buy? i do

and intel today as well. i thought there was a great opportunity there. >> shares of chip makers getting whacked today after microchip lowered its second quarter sales forecast. so are there chips worth buying? great to have you with us. it's staggering the pace of the decline and the pace of the deterioration. we need to look at what microchip has said ten weeks ago in its letters to investors. they were talking about at the end of august. these are not signs that business is slowing down. what happened? >> i think basically what you saw is there was some slowness in the chinese industrial market. and there's a little bit of double ordering they experienced as well. they had been growing above market since late 2012. so their growth rates were significantly higher than the overall market. i think as the lead times extended out, there was some double ordering. and that is indicative of an inventory correction they're experiencing. the stock prices are reflecting now not only an inventory correction, but also

intel conference call starting right now.er after the company beat earnings and revenue estimates. we'll break down what it means for the chip makers. but tonight's big story, crude down nearly 5%, biggest loss in merely t nearly into years.

cory johnson recently spoke with intel's vice president about the device.d by asking about why intel bought basis. >> the technology is phenomenal. i think it is the best in class. when you look at the fitness trackers, this is the one that actually works and gives you the proper results. >> you have a new product. you tell me what it is. >> this is the basis peak, our second generation device. it is better all the way around. the first one was good. this one is thinner, it is made of aluminum and it has gorilla glass on top and a touchscreen, better sensors. essentially it is the first generation of steroids. this does everything the first one did, but now you can wear it swimming. it is waterproof to five atmospheres. it is just a better product. >> i'm a big fitness band guy. i've got my jawbone, the company has had a lot of issues with a lot of returns. i continue to love the product, but this is about the sixth one i've had in the last year. i also wear a heart rate wonder -- monitor when i run. but i can't wear it when i swim. so, it sounds like you h

i look at the emcs, oracles, intells, ibms. think those are going to be some of the beneficiaries as we go toward. we talk about security stocks all the time as well. when you're talking in this type of a world that we're living in now, scott, there's lots of trades off something we're talking ate here. >> stevewise? s with -- steve weiss. >> any protections we can provide are great. my concern, what it does to the individual, the smaller rias, the smaller brokerage firms. the costs seem punitive to them for complying with this and building their own data source interfaced with you. >> rick, i don't want to leave that hanging. you heard the comment. you have a response to concerns like that. >> absolutely. we care a lot from the standpoint of the costs. we'll make a decision whether it makes sense with respect to small firms. what we think this will do is eliminate a lot of theed more burdensome ways to interabout with firms. >> for the record, we've submitted to a cost benefit analysis to small firms and it is incremental. a l

intel said to report earnings after the bell today. we are asking traders to take position ahead of the numbers. vote on which side of the fence you are on. cnbc.com slash vote. let's take our positions pete. >> i continue to be bullish. on friday i actually jumped back into the name. i bought when it was underneath 32. >> the weakness in the chips. >> the microchip story. they say everything looks terrible and china specific and now today the news is almost the opposite. sky works is involved? just as many industries. medical and military and mobile and just about everything. so they have something completely different. i still look threw the read-through that when the chips are strong. and everything intel is in involved in and moved themselves into mobile and just positioned themselves in china buying a company over there as well. i think the stock is too cheap and goes higher. >> what if the symptom o stock does move up? maybe you should up? maybe you should take the opportunity while the market gives it to you and sell into that.

eastern. -- the intel cfo later today.he movie "the book of life," opens with an all-star cast and a new game. is this a new trend? ♪ >> welcome back. the animated movie "the book of life," does not hit theaters until later this week that a companion mobile game is out now. gn to makeered with stn two game that would go with the movie. >> we are seeing a trend where content owners are really understanding the value of taking that content and integrating it into the game. a lot of time the revenues could be from the game that of the original ip. what sort of -- how does this improve marketing for the movie? how does this add to what they are trying to do and what you are trying to do? >> it is a perfect win-win situation. from our perspective the 's multi-marketing. the movie helps to promote the game, the game helps to promote the movie. animation, amazing the amazing audio. and of course all of the great talent that you just mentioned. there will be much higher conversions, and a high-quality game. >> what about the money

intel derives half its income overseas. the rising dollar could have an impact on its future sales. what they say about those two things in the future are going to have a big impact on how the market reacts. those big bellwethers will be telling about whether we should worry about the next earnings report. >> so is the market vulnerable -- let me pose it this way. do you think the ceos will be very cautious in their forward guidance because of all the things you just mentioned? >> i absolutely think they have reasons and ability -- remember, ceoss looic to outperform. >> sure. >> if they have a good reason and good set of excuse, for example, intel could very well say the weakness in china and everywhere else allowed us to hit the numbers and we expect to hit them in the future but open the possibility that there might be surprises that are not positive. that tone, i think what you're going to see is a wider range of possible outcomes. as you become less confident in the outcome, you become less certain and you get higher volatility. that's what we're seeing now in the market. >> do

it is intel software. next-generation, you will probably see an intel chip.re than just a chip company. we are a software and now the rhythms company. this is all about the experience and all about what we do. >> the business behind this, how big is the market, is this about displacing others or infinite growth? interested ins fitness. >> everyone wants to be more fit . there is a level of gate out fitness that only a few of us are interested in. think is pretty big. it is not just elite athletes that a lot of people would like to see how their daily activities impact their sleep and how they make themselves feel better. i drank a red bowl before i went to bed and my heart rate was high all night. that is something to think about. >> you needed a watch to tell you not to drink a red bull before sleep? >> i wanted to test it and your body behaves as you would expect it to. we're just getting to the beginning of this market. pundits now say there are 50 million devices connected to the internet by 2020. it is a huge market. we think this is fundamentally a very

intel. calls shares to underweight. still one of the biggest losers on the dow. with all this action let's goat the alex of jmnp securities. the gross margin guidance was strong. floods pc clients with microprocessors and the idea being they are not going to o follow up with more buying. is that fair. >> jmp agrees with most of that. we made the very same gross marge nls are peaking, growth is peaking and we're staying on the side lines with this name right now. i intel did miss guidance on gross margin. and as far as trends, yes great in data center but a host of competitors. and we think that is more about the future than what intel is doing today. >> the report is basically they benefitted from 15% unit volume growth. 5% asp declines. is this channel stuffing? is this the last bust of pc sales in what otherwise would superficially seem more positive data? >> i don't think we can go so far as to say it is channel stuffing at this juncture. the products have become modestly more compelling.

intel, the ceo coming up in just a few minutes. first on fox business, jo? >> one of the biggest stocks taking a hit was intel, it is losing right now. vodafone down significantly, microsoft, expedia, apple, big expensive tech stocks taking a hit. if you think there is an opportunity to buy, it is 2-5% cheaper. just to point out silver lining. the chinese stock up 1% not too long ago. the nasdaq 100 overall still positive along with dow transports. there is a little better action. right now the nasdaq only down about 1%, liz. liz: thank you very much, jo ling kent, breaking news on the second health care worker i mentioned diagnosed with the ebola virus, we're learning that amber vinson, the affected patient who was the second nurse, she flew on the frontier airline plane with more than 130 other passengers, just one day before she reported symptoms of the virus. she did, in fact, have a fever of 99.5 when she flew from cleveland to dallas. adam shapiro, what more do you know? >> she's being transferred, amber vinson, the health care worker second to test po

ceo jceal -- intel smith. new features to apple shopping service. that is next. ♪ >> i'm emily chang great this is bloomberg west pre-google is upping its stakes in its rivalry with amazon. more than three dozen merchants are on board, including target, walgreens, staples. they have shortened the name from google shopping express to google express. cory johnson and i sat down with brad stone and the ceo. big lead.has a it has mine share. amazon is more expensive at $99 a year. have added an extra's. they also have a model that is -- expressly for the purpose of online delivery. google is worth thing -- google is working with stores designed for in-store browse lang -- browsing. this is early. we will see if it can be a danger. >> why would google bother with this? >> that recognize they want a different revenue source. i think that they recognize fundamentally these companies have the same infrastructure minus the delivery part of it. google recognizes they can be in --ot of business and businesses amazon is in. ownon try to launch their search engi

intel is an opportunity under 32. >> let me bring in cody. it's good to talk to you again. >> you too scott. >> you have heard the conversation here. how much stock should we put in what microchip had to say? >> well i think too much given where we are in the market but microchip has a history of calling market turns and it is better than average. maybe the last ten up and down they have probably got six, maybe seven of those right. they do typically see things early. but i think this time it is overdone. they specifically called out china. and if you look at where things are different in china today it is the housing market. and if you go back to our housing correction, our 2008 recession, they were really getting beaten up bad and tried to parse out the exposure to housing market and came one 25, maybe 30% that were exposed through security system, appliances, tv, things you buy when you boo i a new house. so if you take that and apply that to china, china is actually seeing a the 9% contraction in q 2, expecting 10% contraction in resident

we're watching shares of intel.p-making giant right now is making session lows or just off them right now, down by nearly 4%. there aren't a lot of specific reasons as for right now, but the stock has taken a large hit on the day when the rest of the dow is up a lot, given visa's earnings earlier today. so mandy, intel certainly a trade that you want to watch as we head towards the closing bell. back over to you. >> okay, thank you. >>> well, tonight lebron james returns to the cleveland cavaliers. but it's not just tonight. it means at least 40 more nights this year of crowd buzz and restaurants. morgan brennan is live in cleveland. morgan, just how much money is lebron worth to local businesses? >> reporter: yeah, well, man ma this entire city is focused on the cavs as lebron makes his return to the floor here after that dramatic departure four years ago to the miami heat. this is a huge homecoming both on and off the court. tickets are soaring on the secondary market. the current average price for a cavs home gam

i thought intel and microsoft being the laggard.as looking at some of the other names that were along with it like texas instruments. that group is certainly out of favor, at least for today. that group in particular has been somewhat weak, a long with energy. liz: we also cannot it work. we know that all of our investors have different interest. the price of the tenure is dropping. the guild is going slightly higher. that has been a good trade. >> it has been. it has been an excellent trade. it was bedlam down here. it was absolutely bedlam. thirty points in two weeks. that is a high volatility. we are not seeing any pullback. liz: i am sure you solve volatility to. i am looking at the calendar one week from now. does anybody have a sense of life that spike happened? >> no traders will add it it. >> whenever you add new levels, that is where you have the panic and that is where you have the volatility. >> it was ebola. come on. everybody knows it. liz: jo ling kent is looking at the stuff. it is responsible for 130, 100 are defied

apple, alibaba, facebook, google, intel. $2 trillion in market cap. they have nice balance sheets and buy back a lot of stock. but there's not a heck of a lot of growth like you said. they're all helping the earnings growth. >> engineered. >> a little bit. here's the thing. if microchip -- if this warning is correct and we start to see cyclical tech that isn't the pc and smartphone -- then we've got problems. >> both are very little of it. and they are also engaged in this financial engineering in erm thes of buying back stock in order to make the numbers look a little bit better. so everybody's sort of questioning where we are right now. >> yeah. i don't question what the companies are going as far as financial engineering is concerned. it actually makes a lot of sense. if you have a lot of positive cash flow and you take a look at what the cost of capital is, what they're doing is boosting eps. but ultimately we buy stocks at higher valuations because we think we're going to get revenue growth. what you get if you don't get that is you're buying a b

we'll get to bank of america and blackrock and intel and the ten-year. >> intel? >> "squawk on the street" from post nine continues in a moment. in a world that's changing faster than ever, 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 them through, we say: let's get to work. because the future belongs to those who challenge the present. >>> some wicked action in futures this morning. s&p still down about 18 points. the ten-year is the one to watch. this could be the biggest one-day drop in yields for the ten-year in over a year. so keep your eye on that. >> can i just say that for those of you who watch this show for more than just stock information, if you can lock in anything, if you can lock in a 10 to 20-year, you miss your chance last may. this is it. they want to give you seven year and readjust or a five year and r

he's an intel executive. that company was sold off intel. intel thinks there's something there.ig is this market? >> the market is huge. there's already been $5 billion, as you mentioned, invested in 2014, which is double the size as last year. 347 companies have been funded to date. but health care's a $3 trillion market. and what we're seeing is this moment of creative destruction where the entire industry is being reimagined by technology. so, we're seeing health reforms -- >> let me -- we know health care is huge. fitness isn't huge. i mean, it seems like a lot of this these devices, i'm geeked out with my up on my arm, my heart rate monitor or whatever, but i don't really believe that that's a huge business. >> this is why i think the apple watch announcement is so significant as well as intel buying basis which is one of our companies. because wearables are moving to the mainstream. it started with fitness and quantified selfers. but really now -- my mother now wears a device, the fitbit. so it's starting to break into the mainstream. but these wearable devices are being d

this past week, he said not seeing the isis cominu(áháhe intel community's fault.see the commander in chief ducking blame like a fifth >> yeah, he never knows about anything. he did this with the v.a. scandal, with benghazi, with the obamacare website. it is endless. he needs to take responsibilráy. he's the commander in chief of the free world. >> john, what about the commander of the chief in the free world should have leadership. one of the things about leadership is taking blame once in a while. no? >> yeah. what's ironic, he talks about taking responsibility, but that means you take it. you don't pass the blame on someone else. unfortunately i think the president is responsible for the bad ideas infecting the country. do your fair share, you're your brother's keeper, that will have a much longer lasting detrimental effect than anything the president is doing in the short term. >> jehmu, this week the president said there are indisputable facts about the economy, that it's bette) on all the facts. median household income, down. that doesn't sound good. how abou

intel had good numbers yesterday.scare last week microchip technology, and in general a big selloff for tech stocks. give us your take. you have been working in the industry for years. >> tablets keep on growing. less than before but keep on growing. we are growing our contribution to tablets. smartphones keep on growing. the move is also a growing vector. and then the deployment of infinite -- internet infrastructure. this is a very significant revenue generator for us. if you look at the networking that goes into it the data security and storage, all the footprint keeps increasing. this is needed to support the internet economy. long as we bring technologies to the market. >> the semi conductor index down 14%? i am sure you manage your business with a longer time horizon. a wise and witty so nervous? why are people so nervous is it just about china and emerging markets? emerging markets have been slow but they will come back. you have people. africa, 1.5 billion people in the next 30 years. everybody wants to be con

you look at intel and cisco, there isn't any top line growth. the only thing to propel them to the upside, people got bullish because any looked cheap compared to the rest of the market. that actually isn't true. the names really rallied if you're looking at the name that has flat revenues or maybe seeing declines in revenues, 2, 3, 4% a year, if people are getting concerned, they should let it go. >> what happened today? microchip sounds the alarm here. here's the thing we know, all of those names you just mentioned. i'll name six names, apple, alibaba, facebook, $2 trillion in market cap, fine, they well set, buy back a lot of stock, but there's not a heck of a lot of revenue growth. they are buying back stock. >> engineered. >> a little bit. >> here's the thing, if microchip, this warning is correct and we see revenues start to decline in cycle cal tech, then we got problems. >> it does seem sentiment changed. interesting note on ibm questioning -- there's no eps or revenue growth or little of it and they are engaged in the financial engineer

intel is leader in the pack to do that kind of work. there is none other that can compete as effectively as intel given their size and scope. secondly in terms of the server marketplace which is very profitable, they are dominating. with the trends expected to pick up we think they do very well. >> you have the health care recommendation on the new york stock exchange, a lot of news over the last couple of weeks. >> so avet labs is a slim down avet lab, you are looking at a company well diversified in terms of its product mix, they have medical devices, they're also diversified internationally with half of their revenue just shy of half the revenue coming from merging markets which are growing very nicely. they're paying a decent dividend. overall you have a diversified company with a dividend and a very good balance sheet consistent with the profitability. they should be able to get through just about anything the world throws at them. >> these are buy and hold, even if the markets do crazy swinginswings. a lot of volatility. >> the sp

to the intel corporation. the intel foundation is working to give girls and women more opportunity to participate in the global economy. she will speak about the importance of empowering girls through access to technology. let me begin with my first question to dr. ruto. sara, i understand that uwezo used an innovative device to improve literacy. what barriers do you see that keeps g girls from getting education? what interventions do you think are most successful? >> thank you. i think when you are looking at the barriers, it's against tremendous progress that we have made. our evidence along -- allow me to talk about the evidence. we reached a million children since we started in 2009. it shows s 90% who have had education. then there's the 10% that are missing. they are often found in the poverty hot spots. they are to be found in rural, remote districts that -- the districts are not country specific. if you go to kenya and ouganda, they are neighboring. and the reasons that are keeping them out have been t

intel comes out after the market closes.n wednesday, we hear from blackrock as well as ebay and netflix. thursday, goldman sachs and google are set to steal the show. >> christine, thanks for joining us. ahead of a slew of earnings reports, that will give us a better indication of how some of these companies are faring on the back of better than expected economic data out of the u.s. but a lot of concern about the resilience in the greenback. the u.s. dollar, how big of a concern or headwind do you recognize the u.s. dollar being on earnings this season? >> you know, we don't think it's going to have that great of an impact in the third quarter. perhaps in the fourth quarter, we'll see more of that shake out. although the dollar has appreciated really since the spring, a lot of the appreciation has only been in, really, the last month of the third quarter. so we wouldn't expect to see too much of a negative impact in this current earnings season. i'm sooul sure he'll see mention of it. i expect to see many companies use it a

coke, csx, or intel? i got to tell you, intel has one heck of a ride. if i was in a stock, i would not sell it. i wouldn't be anxious to buy it here. one heck of a ride, don't sell your winners. csx is probably the one i like the best out of all these. coke their five-year growth will be 4 percent and i'm not sure they will turn around this behemoth that's been struggling a bit. >> i like coke and because i like to take the anti-charles stance, they're also a client of mine. i own the stock. it's one of those long term plays. and globally they're doing much better than -- charles: around the world, people still smoke cigarettes, but at some point they might get a better education system. >> the thing is that you're playing on the fact -- charles: what's your dividend? >> only 2 percent. charles: all right. >> what about intel 2.9 percent. i own this one for clients. i don't know if i would jump into it, i think it's a good upside. it came down on some numbers two weeks ago. held steady. i think it's a solid bellwether when it comes to stocks. >> csx. go

i mean, in my intel people didn't tell me, is that possible? >> no, that's impossible. is incredible or derelect. >> so you are at home watching this -- >> my jaw dropped and i said, that's absolutely not true. the president had at least as much information as we had, presumably far more information than we had. so it's incredible, he knew. >> then let me ask you a follow-up question, you have been in politics for a long time and you don't particularly tell something to "60 minutes" that will come back the next day to bite your head off. you don't. >> no, you don't. >> but he did. why? how? >> i can't explain why the president did it. all i know is they have lived in this fantasy world where they pulled all the troops out of iraq, they kept protesting over and over that they had al qaeda on the run, that they decimated al qaeda. they couldn't take the fact that reality didn't match up with their fantasy. >> i think there's something true to that, but i think the president did believe that everything was okay when he said it, but he was absolutely di diralect in followin

. >> intel has the latest in tree into the tech race to your wrist.e will get a look at the peak watch. unveiling the latest entry in the wearables race with the heat watch. last march, they bought peacemaker basis. it goes on sale next month for $199. we recently spoke to the intel vice president about the device. >> we bought them because the technology is phenomenal. i think it is the best in class when you look at all of the fitness and wellness trackers, this is the one that works and gives you the proper results. >> you have a new product. is the basis peak, our second generation device. it is better all the way around. this one is thinner, it is made gorillanum and it has glass on top and a touchscreen, etter sensors. offensively it is the first generation of steroids. this does everything the first one did come except this one you can wear swimming. it is waterproof up to five atmospheres and it is just a better product. i've got my jawbone, the company has had a lot of issues with a lot of returns. this is about the sixth one i've had in the

there was a time when the entire industry would turn around a new chip from intel.hey talk about faster chips, wi-fi, faster lte. are we at a point now not just in tablets and phones, but also pc's, where the machines essentially were good enough for everything we do and we are not ticked off we can't process spreadsheets, watch a movie faster? >> i think we are. the notion of "good enough" is a real challenge to the hardware industry, not just apple. ironically, the most interesting new demonstration of technology was the retina display on the new imac. that was incredibly impressive, and it was interesting that apple saved that until last. dell has a 5k display, too, and a thinner tablet, believe it or not. but nevertheless, to me that shows there's innovation happening on the computer side as well. >> i spoke to venture capitalist mark andreessen yesterday. he talked about what he feels is a moment -- >> it looks extremely promising. the iphone 6 is a huge hit, and it will be extreme the successful. apple gaining strength, you can feel it. is the company gaining

on intel.ten. >> if intel puts up a strong number the stock deserves to be higher. >> deserves to go higher? that and a big of chips will get you nothing. >> if it's going to trade with a two handle. >> not definitely. >> well you just said -- >> i believe it will. definitely? if you ask my opinion. >> then you can short it here and make 10%. >> suppose i could. >> okay. so here is what i'll say. >> tough guy. by the way it traded with a two handle. yeah. >> did the stock go up on its own or because the market bounced. >> it dropped hard. so josh talked about it trading under 30 and he was right. when the market god hit the stock did trade down. i think looking at super bointe normalized market, 31.50 i think that gives you enough fundamental value to go with it here. >> my point was maybe you should seriously consider taking the are profits and what had been a good run before the earnings basiyou ju basibecause you just don't know. >> and it traded up nicely on the earnings announcement. so ta

. >>> wall street loves news out of intel. it sold more chips than expected. it's hard to say where the chips went. more reports telling us that computer sales were slowing but maybe those reports were wrong. >>> so microsoft is struggling with its marketing but i want to show you an excellent, but sad, marketing effort no florida. billboard advertisements for children's bulletproof vest, dream vests, the group behind it call itself black and brown youth formed after the killing of trayvon martin. the message, how to keep minority children safe. if you foif you go to the websi, this is a stunt. effective stunt. pushing people to take part in the next election to rule back laws like stand your ground. the site asks for your vote. >> shocking. grabbed our attention, thank you. >>> all right. let's switch gears and talk baseball, right? makes everything right. giants, back in the driver's seat as they need two more wins to punch their ticket to the world series. live look at at&t park. quiet at the moment. orange rally towels will be out in force tonight for game

david: pete, i have to ask you about intel. it was down big time 4%. you like intel. i imagine you liked it before it was down 4% you're buying into more down 4%. you buy low? >> absolutely. intel is a great stock to buy as well as i love i-shares technology, great way to own apple, intel, microsoft. buying on the dips are calls good. liz: we need to get to jeff flock right now. there is as we mentioned at top of the show. breaking news, general motors has order ad stop sale of some of its cars with airbag issue, jeff. >> this is not takata. this is separate issue. it is interesting, if you were watching world series last night you saw the wonderful performance by madison bumgarner. he got a chevy truck a canyon. they have order ad stop sale now on both, the gmc canyon and chevy colorado. get a colorado or canyon? david: got a canyon. >> he got a canyon. it is the gmc canyon and colorado both, 2015. they have order ad stop sale on them. there is a problem with the stop sale because of airbag. there is problem with wiring. this is not the same as takata where there is

investors are may react to good earns from intel, as well as csx. today numbers from bank of america, american express, ebay, netflix and data on retail sales and inflation. dow falling but the nasdaq rising 14. keep the pepto-bismol handy, macy's opening stores 6:00 a.m. to lure holiday shoppers. the season can account for 40% of retailers' annual sales. macy says workers can get paid more for working thanksgiving and taking black friday off. >> hopefully not too much anxiety with the shopping season. >> how many mondays until christmas? >> too few. 4:46 on wednesday. changes in the weather. we've started to experience some of that yesterday. let's check in with christina loren. >> definitely going to impact your drive. just depends where you're waking up. i can tell you right now in the south bay, not a lot of impact. but it has been breezy overnight. watch out for debris on the roadway. temperatures are starting out mild. we're in the 60s, a cool day. factor in that breeze, continue for most of the day. you want to keep in mind, i have to tell yo