lets get to josh lipton with more on intel. >> so brian intel beating on top and bottom guidance q1 and 2020 higher than expected digging in results ccg, chips for pcs, 10 billion better than expected dcg, chips for server came in at 7.2 billion. analysts were looking for 6.4 billion. had a chance to catch up with chris roland at susquehanna. easily exceeding a low bar the dgc business in his words was outstanding this quarter, driven by cloud growth his checks indicated microsoft was a buyer. broadly indicating he said that the big cloud giants, the amazons, microsofts are stepping back in here 4.9 billion in op ex more than preferred but bottom line this stock is surging in the after hours. for more on this name be sure to tune in tomorrow intel ceo bob swan will be on cnbc on "squawk alley" with jon fortt. tune in for that conference call as you indicated kicking off right now. >> we'll call it a bob swan event. thank you very much. lets trade intel pc shipments up, guy adami. data center shipments up loolkts a good quarter but the stock is already up. i wonder if people bought into

timing wasn't that good tony zheng has updated well intel on intel plus, what is it the kids say again>> maybe we could netflix and grill. >> not quite but mike khouw grills you on a way to chill around netflix earnings. it's time to risk less and make more "options action" starts now. >> all right welcome back. lets get do it we begin with the transports like the markets hitting highs kansas city southern norfolk southern fedex, union pacific, leading the group as earnings season is about to kick off. but carter says one of these names is likely to pop more. he is at the plasma who is the name carter worth. >> interesting of course the dow jones transportation industry has not made a new all time high but making 52-week highs to be determined but railroads it's a big part of the transport index. in addition to names like fedex and ups. but here is the railroad index names you know like union pacific. norfolk southern, ksu. let's draw some lines. is it this it has all the elements of that. but let's do it a few other ways so we plunge 17%, recover 23%. and overs past eight months what

about three years i had intel based on intel's current plan -- three years ahead of intel based on intel's plan. they will always be ahead. tsmc are specialists in exactly that. it's not the only thing. risk's definitely a big that intel could fall further behind, and therefore, people will start looking elsewhere. vonnie: i want to ask you about huawei. we heard bits and pieces out of davos, but nothing concrete. what is your sense for how much huawei will be restricted? tim: wilbur ross was talking about this, and others have been talking about the idea that restrictions would go from to any 5% to 10%, so basically that means it would be much stricter rules. thehat does come in, all of restrictions to huawei don't have as much wiggle room. we know that suppliers have been finding workarounds to all of the stuff that isn't technically made in the united states. it is designed by american companies, but might be made in taiwan or somewhere else. think it is going to be harder for people to get around that, and i do expect you would see huawei in the chinese government react to that. guy: h

we think intel is a great place to work. over 100,000 of the smartest people on the planet building exciting products, having a big impact on the world, and we'll compete for talent as we go through the course of the year and be making all in smaller investments in some areas and much bigger investments in others as we see the opportunities unfold in front of us. >> what do you see happening with china's growth specifically we talk about megascale. often we don't mention the big china players but there are many of them and of course they're scaling out 5g over there as well, and there are some opportunities for you. did you see china slowing down over the course of 2019? do you feel it ramping back up >> china's been a very big market for us on the enterprise side, the pc side, and on the cloud side there's large cloud service providers that are big customers of ours, so it's been a big market it's been a little more stable of late. i think the more cooperation that we see happening between the two governments, the more prog

timing wasn't quite that good some updated intel on intel. plus, what is it the kids say again? we could netflix and grill not quite. but mike is going to grill you on a way to chill around netflix earnings. it's time to risk less and make more options actions starts now >> welcome back. let's get down to it we begin with the transports like the markets hitting new highs companies like union pacific leading the group as the earnings season is about to kick off. one of thesenames is likely to report more. who is that name carter >> the dow jones is making 52 week highs but railroads, it's a big part of the transz port index. names leukofed ex and ups but it's only four stocks. names you know, let's draw some lines. is it this it has all the elements of that, but let's the it a few other ways so we plunge 17%. we recover 23% and over the past 8 months what we've really done is only gone up two and a half percent in eight months. it couldn't be suspended if you made no progress it's very symmetrical. the time spent down, the time spent back up p

intel was a dominant force in pcs.k is slowing and they've got a phone and they need data centers in the cloud. so can you explain where the growth areas the futures will come for intel? >> at first i would say the incredible appetite for data. and then underneath that incredible appetite for data is to compute to that is required to make that data more and more relevant and a world that is moving from the pc to the data center to the network and to the edge trying to process all of the information that comes from billions and billions of connected devices. that's a trend we've seen for a while. so what you're seeing happened in the industry, there is so much innovation going on and silicon that as we've seen and a long time, we feel relatively well positioned to capitalize on those emerging trends. jack: anything it's going to be a while before cars are driving themselves everywhere, but you are deep into that game. can you explain what you are doing now for current technology with cars and when you see cars driving t

intel near a 20-year high.isani >> carl, we're up because of intel and amex and a little bit because of boeing that's really helping us out take a look at the sectors the concerns about what's going on in china is not going away. coronavirus is there semis up because intel is dragging everything up transports still weak. airlines on the weak side. energy is still not bouncing at all, and there is your china etf, the broadest etf still weak there. this coronavirus is still not going away the effects of that. if you look at some of the names, las vegas sands down 2. freeport getting clobbered down 10%. haliburton is weak, cruise lines, airlines on the weak side this is not going away if you look at other things, i think the important thing today is earnings and the manufacturing numbers. we got very good numbers on intel, the numbers were terrific overall and it's dragging up all of the semiconductor stocks as you can see here elsewhere, american express, good numbers here, the guidance about in line with expecta

torlet: intel of -- also sting their dividend share. there any concerns for how they use their cash? anand: they could be better buyers back of stock. in the long run, intel is a capital management story as much of the stalwart data center. buybacks are a part of the story. earnings power is a part of the story. joe: the cloud is back. the bloomberg senior intelligence analyst of semi conductors and hardware. giant up, index fund increasingly under scrutiny from u.s. officials. we will discuss with one of the co-authors on the seminal paper on competition. this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg's first word news. house democrats declared today no president has ever abused power the way donald trump did in his dealings with ukraine as they open their second day of arguments in the historic senate.ent trial in the house judiciary committee chairman jerrold nadler who is one of the house managers told the senators quote, the itsident's conduct is wrong, is illegal, it is dangerous. democrats will wrapup their case tomo

guy: our thanks to intel's ceo bob swan.omberg. ♪ guy: boeing's knox flat as stocksrg is -- boeing flat as bloomberg is reporting another cut to the dreamliner. boeing having to deal with the tightened cash position. the stock a little negative. the big theme continues to be the max. we are about to see a fairly big milestone a little later on today we will see the first flight of the 777 max taking to the air. this first flight much delayed. we will see the pictures later on. stock down boeing's .1%. power"up, "balance of with david westin. he will be continuing our coverage of china's coronavirus outbreak with a chinese-american professor of public health at yale. here's a look at how u.s. markets are faring. this is bloomberg. ♪ david: from bloomberg world headquarters in new york to our tv and radio audiences worldwide, i am david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, drew armstrong on the cdc confirming a second case of the coronavirus in the

but intel ceo bob swan on self but intel ceo bob swan on self driving cars. you the power to see every corner of your growing business. from managing inventory... to detecting and preventing threats... to scaling up your production. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. oh, your she's landed.ed. and she's on her way to our house. what. i thought she was coming next weekend. i got it. alexa. start the coffee. set the temperature to 72. start roomba. we got this... don't look. what? don't look. lets move. ♪ mom. the lexus es, eagerly prepared for the unexpected. lease the 2020 es 350 for $389 a month for 36 months. experience amazing at your lexus dealer. wean air force veteran made of doing what's right,. not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it - with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members,

intel upgraded today out perform.sts that set the table for dramatic change in 2020 price target gets bumped up from 64 to 40. >> farm a gwen was salivating. >> it was a stare down i can't wait for this segment. all right. farmer. >> i thought we were going to it. >> grab your pitch fork. >> he's a silicon farmer. >> i don't care about the upgrade. he was holding his nose. sees down earnings this year yet upgrades to the stock. he clearly does not like the stock. he notes their operational miss steps. he has questions with leadership changes. he has questions with leadership compensation for that matter here's the thing, all of that is in the rearview mirror if you are looking at intel, really looking at this macro gdp picking up one of the biggest semi conduct tor out there. get the economies of scale and they have broken 0 utah to the multi year high. >> let me ask you a question because i think you mischaracterize the analysts a little bit did they have a share loss did they lose share? >> they did. >> okay. check.

intel? how? people are arguing, this was good, it was bad. they are all doing it from a position of ignorance, because we don't know why the u.s. felt it had to act this way and now. how can we know if the president had the right to do this unilaterally? speaker pelosi says the house will vote to limit this president's war powers. i don't think it will get anywhere. so let's bring in one of the members standing by this president, homeland security committee republican mark walker. congressman, great to have you on the show. happy new year. >> chris, my privilege. same to you. >> and no disrespect about the house. i think you should argue and debate aumf. i've just heard it before, i've never seen it go anywhere. let's put it to the future and we'll see what happens. >> okay. >> no argument about soleimani being a bad guy. i don't see how you could make the argument that he wasn't a threat to the united states for a long time. >> a lot of evidence to support that. >> the question is, this was an imminent threat. you know what that means. >> su

numbers. >> wilf, intel reporten eps of 1.52 versus expectations of 1.2 -- intel also announcing a 5% increase. guidance better than expected. they're saying look for 1.30 on about 19 billion those are better than expected for 2020, that was a big bogey for investors here also better than expected, just turning quickly to the segment dcg coming in at 7.2 billion, and ccg, or pc-centric business 10 billion the conference call started at 5:00, and we'll be on it for you guys back to you. >> a nice little beat for intel. the ceo will be on "squawk alley" tomorrow. the stock up is about 4.8% in after-hours trade mike, diving into it, the today data centering is the 372 billion. >> it's sort of beating in the right places going into it i would have been nervous, frankly that the stock had been a bit too strong heading into it. it seems ago if you have the big defensive names that's been hot, that maybe the rally is getting a little over the hill not the case obviously the market was significant out that it was a very good quarter. >> it lagged last year. >> that's what i mean. >> when you

and if you are talking about amd, intel, i'd rather amd intel has not been able to break out from the highs and if you look at their revenue high specifically, it is pcs, data centers and they have big mar ca market share, but they are losing to other companies. on so i'd rather be in amd than intel. >> and i think that amd certainly has the ability to take the fight to intel based upon what is going on and they are touting that their graphics chips are 18% faster when you think about the ultra thin laptop world that is out there, this is a place very good for amd. you get back to a valuation that i can sleep with and a company that is very well positioned across the entire space. if you really want to be conservative, i know it sounds crazy, but take a look at taiwan semi this is the leader in the white label chips and i think that these guys continue to see demand we're getting updates in terms of where they see their current inventory status >> good discussion there coming up, 20 years ago the united states exported approximately zero liquified national gas and in three years, we a

still on deck, shares of intel are on the rise.ers and the moves you need to make you can always watch or listen live on the go on the cnbc app st menn de exchange" is back i ju aomt. >>> the headlines you need in 60 seconds. a former pharmaceutical executive has been sentences for five years for his role in the production and aggressive marketing of the company's pain killer the sentencing marks the first successful prosecution of a pharmaceutical executive tied to america's opioid epidemic. >>> boeing has planned a test flight for the 777 x today on track to be delivered in 2021 after facing delays as a result of the 737 max model grounding >>> shares of intel citing an increase of pc gaming and data centers. forecasting earnings and revenues coming in over the forecast driven by cloud computing demands. bob swan will have more when he joins squawk alley at 11:00 a.m. eastern time >>> looking at the latest developments following the coronavirus outbreak in china. for more, i'm joined by global strategist at citi let's put some th

run that it's had and intel you're talking about amd gaining share but intel fighting back.s an impressive your from intel and the valuation for intel is different than for amd. it's run up so far it's not that anything is bad about the quarter. >> this is this is a great long-term chart but tactically rich process a 40 stock a month ago. and 2555 today that's the issue with the semis. the moves in the last 20, 30 days they're up 20, 30%. you can cut that in half the next month or two and it's painful. >> moving to ebay, down 5% the biggest decliner lets find out what bothered investors in the quarter get now to kate rooney. >> hey, brian, ebay shares down 5% after a sales decline in the fourth quarter results were better than analysts expected with a beat of 5 cents on earnings and beating a hair on revenue. the company announcing a $5 billion buyback. but despite that gross merchantville closely followed metric in e-commerce came up short, below estimates at 23 about it 3 billion one factor for that miss, the ceo just mentioned on the call, implementation of the internet s

the intel on intel coming up. set to show oft quarter tomorrow we find out what the options market prices in plus one wall street firm is making a big call on the stock that word call is a clue there is the mystery chart. >> i think. >> talking about sdienng your guesses ahead, stick around. bu- cut. liberty biberty- cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ this round's on me.eat. hey, can you spot me? come on in. find your place today, with silversneakers. included in most medicare advantage plans. enroll today by calling the number on your screen or visit getsilversneakers.com >>> all right. welcome back to "fast money. apparently intelligent investors. >> like what did you. >> held fast on intel over the bumpy road the past year falling to $45 a share intel rebounded to a new year longitude. but they are betting it's cooling off with the report tomorrow lets find out why with mike cho ou

that an intel smile on your face do you feel like we're getting ahead of ourselves here?> well, i think there's always stocks that you can look at and say that one's overvalued but i think in aggregate i don't agree with that or about intel either. they have clearly a lot of buyers or enough buyers of main product which is for the data center and we're moving to the cloud and data center people that build them like to have very consistent chips that work a certain way and they know how they fail and that's why intel is inning. >> but is it worth -- i mean, amd had a stellar 12-month period up 160% is that reflective of the fundamentals out there >> i would say there's a chance that amd doesn't reach the heights that everybody who's buying it today might think but i do think that they've had a great turnaround and deserve some price appreciation, maybe they're a little ahead of themselves now. >> charlie, you don't like tesla and the other frothy stocks, what do you like what's getting your attention? >> it's value stocks, low pe stocks this has been for the last 100 years

is one i heard from two senior intel officials. and i wonder if that's what you see after watching it the way we see a lot of it. what do our allies see in this president? >> i think it would be fascinating to hear at a given moment in time what's being said about the trump administration. look, one advantage mr. trump got is he scares our enemies and allies alike to death. impulsive decisions. they may not make any sense for u.s. national security purposes. some of it is bluster babble. we're going to hit antiquities and what would at the mean? the marines would guard smithsonian institutes. some of this is complete nonsense. by the way the u.s. armed forces would not carry out a strike in clear violation of international law. they won't do it. then they'd engage congress and we bid it a constitutional crisis. the problem is at the end of the day the iranians have an diminished capacity to strike us. we'll replace a general an hour later. the iranians want us out of iraq. it's likely that's going to happen. the shiite plurality of

. >> top national security officials tying themselves in knots to explain the intel behind the killing of the top iranian general. the white house originally said qassem soleimani posed an imminent threat and then the president said he was targeting one u.s. embassy, then several, then the president went even further. >> large scale attacks planned for other embassies. and if those were planned, why can't be reveal that to the american people? wouldn't that help your case? >> i can reveal i believe it would have been four embassies and i think that probably baghdad already started. >> so the president says four embassies there. defense secretary mark esper says he didn't see the evidence for that, but he still backs the president's claim. >> he didn't cite a specific piece of evidence but what he said -- >> are you saying there wasn't one? >> i didn't see one with regard to the four embassies. what the president said with regard to the four embassies is what i believe as well. he said he believed they probably could have been targeting the embassies in the region. >> the president's na

. >> intel is up 9%. trying to pull it in the other direction. >> right next week is going to be huge. between earnings, gdp, inflation and the first fed meeting of the year let's get to the judge. >>> carl, thanks i am scott wapner. front and center this hour the rally. no matter what you throw at it, nothing has been able to derail it not negative earnings. not a global health scare. not impeachment or it seems anything just yet. so is that a sign of strength or a top? it's 12:00 noon, and this is the halftime report. >> announcer: the record rally is rolling on. but is this market becoming irrational >>> intel knocking it out of the park is the bottom ends for semi stocks >>> american express hitting all-time highs. >>> and a bullish call on a number of stocks the traders take their positions. apple, boeing, microsoft, and facebook a. blockbuster week of earnings ahead we will get you set up the investment committee is ready to go. halftime report starts right now. >>> and welcome. it is good to have y

intel is increasingly bullish on 2020. trade jumped in late after it issued strong quarterly nd full year revenue forecasts that both beat analyst estimates. they say they expect positive demand for pcs and increased of data g by owners centers. it's aiming for full year sales $70 billion. luxury brands also took on european trading about growing concern about the ales impact of china's coronavirus. lvma dropped in paris. swauch slipped in zurich. europe's bigger airline stocks ep.e also shake carriers ledz those declines, luftsana air france, >> apple stemmed iphone sales last year as dia shipments rose 6% compared with fall in 2018. discountsing the 10r model made selling phone in the country while the later introduction of the iphone 11 a lower opening price helped gain share through the festive season. tough s facing a challenge from android rivals than prices average less $200. $276 king a loss of million in the process. the ambitious development includes offices, condos, and a to l and had been set include the city's

you did it again russia. >> harris: if our intel agencies really do have any intel on russia, hackersbecause were so set up against each other, their banking on we just want to do it. the intel community, because it has been taken down, criticized, necessary, back-and-forth, back-and-forth, does not go to the house intel committee chairman. and then there is, you know, the whole backdrop of, well, did he leak, did his team meet with the whistle-blower and all that. did stuff leaked previously. there is a so much stuff that is going on, i bet russia just sits back going, go get me another root beer. >> brian: putin is going to announce he's breaking ground on the trump tower in moscow, but not related to the president of the united states, just to drive everybody nuts. >> jessica: he can just rehash the old plan, present troubles going to do that. obviously this benefits russia, they don't like ukraine, they love messing with our elections, it is a persistent and consistent threat to our security that russians are doing exactly what they did in 2016. "the new york times" says this hack

intel. but let's take your point. because i want people to trust intel. verify. we should have proof. that's the media's job. senator mike lee had a different take. republican, utah, not set up to be against the president for no reason. here's what he said. >> drive-by notification or after the fact lame briefings, like the one we just received, aren't adequate. every time we got close, they would say, well, we can't discuss that here, because it's really sensitive. we're in a scif. we're in a secure underground bunker where all electronic devices have to be checked at the door. and they still refused to tell us. >> rand paul went on to say they couldn't give me the details, they couldn't give me the proof of imminency, that they had to do it now. they're relying on an aumf that has no bearing to what's going on now. i blame congress for that, not the executive branch, by the way. but why does the senator or two senators come to such a different conclusion than you? >> yeah, well, first of all, the 2002 aumf is sort of an added justification. it's maintai

anyway coming up shares of intel surging to a fresh high today. and that's great news for traders.u why plus a burning options question? of course you do tweet it at our handle "options action." and you might get your answer on air. live from the nasdaq market site in times square. much more "options action" after this ♪ sfwls "options action" sponsored by think or swim by td ameritrade ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> welcome back to options action it's time to look back at some of our open trades last week tony said chip maker intel was going to break out into earnings. >> this stock has underperformed the market and the semiconductor group. however that has stabilized a bit over the last couple months. and the recent relative strength is typically what i like going into earnings release. the breaking even price on this particular strategy is 58.35 as long as the stock stays above that i'm profitable. if the stock gets a little pop on earnings i get to take profit on this by this time next week. >> and breakout it did intel surging nearly 14% since the trade and hitting a fresh 52 opinion wee

leaks, which in no small irony stem from bad intel used to start a war. you know who's never been convicted of leaking national security intel? any member of congress past or present. and the idea of protecting an embassy? now, that matters to law makers. you remember benghazi? >> benghazi tend to confirm a lot of our worst fears about the government. >> i believe hillary clinton's responsibility, her refusal to provide an adequate defense, her dare licks of duty should forever preclude her from higher offices. >> mike lee and rand paul, not exactly a couple of antitrump rtz and they care about information. here is how they came away from the briefing about what made taking out his general imminent >> it's unconstitutional. >> the constitution. >> now, iran bad when it comes to american interests. soleimani, bad. our embassies in the region are targets are years. so all of at the is true but none of the answers the question of why now. that's what imminent means. trump knows this. that's why he laid it out to the rally folk. but he can't prove it. now, wh

, amex. >> intel is amazing, take profits.verwhelmed by the conference calls they talk about data center beginning, pc sales unbelievable ai fantastic these are long-term secular growth themes. as the stock moves too much? you don't buy it up today but it's real good we had a lot of good news yesterday. i was listening to mohammed but i'm a stock guy and i'm looking for a company that really disappointed and i'm having trouble doing that, skyworks was fantastic. brockor and gamble was so much better than the analysts said it was. union pacific how much they could make with expenses way down and america's best is fantastic. we all want to take profits and all think it's going to go down big, we all worried' netflix back up 25, tesla, i don't know. some things are strong >> jimmy, it's scott skyworks, good quarter obviously, stocks down >> all right, that's typical >> is it broadcom? >> whether they're going to buy that division, the rf division skyworks is run, liam griffin did a great job but there was nothing new other than c

a pair of senate republicans said the same thing about their own intel briefing calling it insulting and inadequate. >>> this just in to cnn newsroom, a letter to the u.n. in which the u.s. justifies its actions against iran as self-defense, saying they will take further actions if necessary. but also that the u.s. is ready to engage in peace negotiations with iran, echoing what the president said yesterday in his statement. let's begin on capitol hill with the latest on a war powers vote coming up this afternoon. cnn congressional reporter lauren fox, what do we expect with that vote, but also crucially pelosi will speak in about an hour now, could we hear her transmit those articles to the senate or announce plans for sending them over? >> reporter: well, that's a big question this morning, jim. all week long we have been waiting to see whether or not nancy pelosi would transmit those articles of impeachment. obviously she's hearing some pressure from democrats, even in her own caucus. some moderates who feel like they walk the plank on this impeachment question and yet it is still

but house intel is being cautious, too, you know. just speaking to sources on the committee, they are not totally positive that these documents are going to yield the kind of bombshells that the public is expecting, and they're also wary of being duped by, you know, people in the president's orbit, rudy giuliani's orbit who may have, who do have their own motivations. so they are -- >> right. >> -- going into this very cautiously. they're going to sift through this material. but at the same time, the reason why lev parnas's attorney joe biondi has been advocating for him so forcefully is not because he's trying to help his client get a lesser potential sentence out of the southern district by cooperating with the congressional inquiry. but also he tells me he wants to try to up the stakes for a senate trial. he wants to make it even harder for the senate to say no to calling witnesses who might have more information about what happened in the ukraine scandal. so i think we all have to wait and see what comes out here. it could be wee

spike intel, but this morning intel propelled the whole chip basket known as the philadelphia semiconductorndex to an all time record high. right now it's reversed getting swamped along with the broader market, down about 1%, but the soxx index hitting never-before-seen levels earlier today. we have outlined the human toll. let's get you the specifics on the business fallout. shares of cruise giant carnival corp., we need to show you those because they are very close to session lows, down about 3 1/2%. standing at $47.69 a share. the "wall street journal" reporting at this hour that carnival cruise lines is not allowing any individual from wuhan, the site of the coronavirus outbreak to board any of its cruise ships. now, it is just after 4:00 a.m. in shanghai right now, and the dates of disneyland and disney town in the chinese metropolis are locked down. let's flip it over to disney stock which has been suffering a bit today, down 1 1/2% at the moment. no word on whether the 1,000 acre location, which gets up to 10 million visitors per year will even be reopened. flip it over to mcdonald's

so it's something we'll definitely continue to be on intel officials radar. >> ken, i was talking to an official in the election security world who told me what they're doing right now is trying to identify the systems that were used in this hack and then prepare their own systems against what was used in burisma, the spear fishing. you spoke to an expert at the dni. what did that person tell you? >> shelby pearson is in charge of this threat and she happened to be speaking to an election group today. we were able to pull her aside and ask her, is the u.s. government tracking this activity targeted against burisma and potentially others? take a listen to what she had to say. >> we are certainly tracking all of the threat vectors that are active in this landscape as we move into the heyday of election season coming up, not only for the primaries but the main election day in november. so, of course, we've long talked about the russians as a threat. we certainly are tracking that. >> i don't want to misunderstand what you're saying. you're speaking broadly. can we assume that you're pre

look back at some of the open trades chip maker intel was said to break out into the earnings. >> thisrformed the market and the semiconductor group. however, that has stabilized a little bit over the last couple of months. this recent relative strength is typically what i like to see going into an earnings release the break-even price is $58.35 as long as the stock stays above that level i'm profitable. if the stock gets a little pop on earnings, i get to take profit on this by this time next week. >> break out it did. intel surging nearly 14% since the time of that trade hitting a fresh 52-week high tony, what due think of the stock here >> i love the stock. i didn't think it would move this far this fast but for the trade, we sold it for about $1.15. it's trading about 9 krengts i would close this out, take property on this particular trade and move on. >> carter? >> that's right. it's such a big move you have to sometimes take the money and run, fully exploit it. there's also this, the semis particularly good. semis had a big outside reversal day closed in the red. at some point yo

but house intel chairman adam schiff, one of the gang of eight says he doesn't recall any intelligence specifically on the u.s. embassy in baghdad. >> to impeachment now. house speaker nancy pelosi says she has no regrets about her decision to with hold the articles of impeachment against president trump. critics say it weakens president trump's case thposes a threat t security. >> but pelosi argues the delay put pressure on moderate republicans. she's also calling out senate majority leader mitch mcconnell for supporting a resolution to dismiss the articles. >> dismissing is cover-up. dismissing is a cover-up. if they want to go that route again the senators who are thinking now about voting for witnesses or not, they will have to be accountable for not having a fair trial. >> pelosi expected to name impeachment managers this week after consulting with house democrats tomorrow. she'll send over the articles to the senate soon after. >>> all right, prince harry will face his family today for the first time since he and his wife said they wanted to step back from royal duties and a summ

otherwise, why would the president decide this intel is good and the other intel he doesn't like. >>portant point in this case, max. this is an administration that chooses to ignore intelligence all the time. it's particularly interesting, insignificant when we're talking about operations in this region. the united states went to war in iraq largely based on intelligence that was wrong. flat out wrong. we've just taken the united states major military action, the killing of this major figure, mike pompeo promised that it was an intelligence-based action. those were his exact words. how important for the american people to be able to believe that? >> this administration has a massive credibility gap, john, just because the president lies so much, it's hard to take at face value anything they say. and the pentagon's statement last night referred to deterring future action by iran very different from what secretary pompeo told you about an imminent attack. so we don't know where the truth lies, but the larger picture, john, is that there's no question that killing qasem soleimani was ju

scarlet: what does this mean for a company like intel? anand: intel is more a in its focus.ndsets now. it is going to be more focused. intel has specific challenges from an execution perspective relative to amb, which has been executed beyond belief. i want to see some of those challenges, if intel wants to hold its own. scarlet: thank you. red light about how semiconductors are the new industrials. it is a new year, perhaps there are new opportunities. the opportunity now may be to protect the gains raised in the last year. you will want to check out this week's there is an etf for that. year of the rat is upon us, the about brings a focus on wealth and surplus. a tail risk etf seeks to maintain wealth by getting downside market risk. infestsunder tail, it infests -- since they gained a value whether u.s. stock market falls. it is not about -- not all about option. it is invested in a treasury bond. the fund attracted sunday $5 million in assets. because tail is meant to hedge against rising volatility, the fund will often produce negative returns in years with rising marke

second, you know who's never been convicted of leaking national security intel?ny member of congress, past or present. and the idea of protecting an embassy, now, that matters to lawmakers. they give it a lot of weight. you remember benghazi? >> benghazi. tend to confirm a lot of our worst fears about our government. >> i believe hillary clinton's abdication of responsibility, her refusal to provide an adequate defense for benghazi, her dereliction of duty should forever preclude her from higher office. >> now, he was campaigning, but mike lee and rand paul, not exactly a couple of anti-trumpers, and they care about embassies, right? they want that information. they want to protect them. yet for all their concern to protect diplomats, here is how they came away from the briefing about what made taking out this general imminent. >> it's unconstitutional, and it's wrong. >> it's an insult to the constitution. >> now, again, iran, bad when it comes to american interests. soleimani, bad, terrorist according to the u.s. government. our embassies in the region, targets

intel is a blue chip stocks of the doubt is getting help and up by 105 points.q game 38 and the s&p is up by four points. back to you. >>> new this morning the list of top cities for entrepreneurs is out for 2020. more than 100 countries and on hundred cities were included and the bay area city made the top five. first up is new york city followed by london and the united kingdom -- boston round out the top five in the u.s. ran -- >>> this morning is grappling with the potential downside of its plan to pay for paper tickets. the transit agency wants everyone to switch to computerized cards by the end of the year but the examiner reported that a new analysis by b.a.r.t.'s office of civil rights finds that low income riders with less access to cards will be at a disadvantage. people in that group are more likely to be young or from a racial minority and may not own a smartphone. >> meanwhile a big update from the transit agency. the b.a.r.t. board just approved spending $71 million to install canopies on every station entrance on market street. the canopies offer

he doesn't have inside intel. this is his assumption.ey caution he does haven't this intelligence from the inside. you know this office and this person. >> yep. >> does he or not? >> i don't think he does. it's up to the speaker. we're on day 23 since the house allegedly impeached the president. the reason i said allegedly i can't determine if they think -- >> he's an impeached president. >> it will be around organized resolution thfrntion is the -- this is the clinton model. like i said, day 23 there was an urgency as mr. swalwell had to try to explain. is there or is there not an urgency, but the thing is what people don't understand is what -- the senate has to do is first vote on a piece of housekeeping which is an organizing resolution. >> and democrats make the point they feel like there has been a lot of information that's come out in the 23, 24 days that has been they believe useful in the men public. you talk of the organized thinking, that mitch mcconnell met with president trump and walked him through what this could look like

on the other hand, intel has a credibility issue they have to overcome.e: and were talking performance, s&p 500, last year in the year before. we will see if this can continue. thanks for joining us. coming up, we are awaiting apple, coming up in just a few minutes. a lot of high expectations there as well. from new york, this is bloomberg. ♪ scarlet: we have apple results out. let's start with the first quarter revenue number, analysts were looking for 88 point 4 billion, so better-than-expected. first quarter iphone revenue better than the expected $51.5 billion. was 12.7 billion dollars, shy of analyst estimates $12.98 billion. four dollars 90 on since is better than the $4.56 anticipated. -- $4.90. jump in services revenue, 64% of products, and even china up 3.1%. a little light from what folks were expecting but some are thinking that could be flatter. so the fact that you still had growth there is significant. on the: let's also focus revenue outlook for this quarter. fiscal second-quarter revenue, 63 million dollars-60 $7 million. here,etter than e

i mean, intel is overdone. we had some intel.ring it back today because you look at the rsi, look at the other stuff that i look at -- charles: you could look at it with an eye. pull up a one year chart of the sox and it is like golly -- >> exactly, charles. you don't chase these, but they do come bark. -- come back. i also want to note i didn't even think of the cruise ships as rob pointed out. that's why he's probably on the show. i like disney here, getting forgotten. netflix is getting some love too after their earnings. charles: this morning apple got an upgrade to 400. google got an up grade this morning. every day new high targets on some of these juggernaut stocks. i'm not getting out of any of them, maybe you don't chase them. >> i personally own both of the stocks. we own them for our clients. we would love to buy more on a pullback. the valuations are not that expensive. these are two market dominating companies. if you are in with them, you stick with the name. i personally will be buying more if they pull back here.