. >>> keeping with the chip theme, a working lunch with the ceo of intel. can his farm boy roots help him reclaim intel's dominance. >>> includes, the ceo of callaway golf has a iq vunueiew of the supply chain. he just upped his outlook. does he see something othersdown don't? stay with us trading isn't just a hobby. it's your future. so you don't lose sight of the big picture, even when you're focused on what's happening right now. and thinkorswim trading™ is right there with you. to help you become a smarter investor. with an innovative trading platform full of customizable tools. dedicated trade desk pros and a passionate trader community sharing strategies right on the platform. because we take trading as seriously as you do. thinkorswim trading™ from td ameritrade. >>> welcome back the semiconductor stocks are pulling back today after soaring over the past few weeks. nvidia and amd down 4 to 6%. all this as the chip shortage remains in pretty full swing our next guest may have a solution and a half tas makes their chips out of a different product despi

we are working with intel and we have to work with intel.ou have got romaine: to be in a lot of different countries. does it make sense at all to centralize any of that production or should it be spread across these nations? >> the reality is you cannot just focus on one single semi conductor technology and say we are going to bring this particular technology to this location because i can ship a very advanced chipset for a phone and it will have a four nanometer chip but it has a chip that controls the battery. so the important thing really is to think about a global interconnected supply chain. is to have a geo diversified and resilient. the answer to your question is certain regions or countries are likely going to specialize on one technology or the other. the important thing is to have enough of it and in multiple locations. taylor: we were speaking with a supply chain analyst who says he is starting to advise his client and i know it is much more complicated than your world but where you make the good, you assemble the good and you sel

intel is trying to catch up and it is certainly possible they can. there is enough for everybody because that sector is booming but what nvidia has done is create all new markets and therefore it has the market to themselves. it is not even making money on some of the things are this are exciting including the idea of the robot driver.are this are exciting including the idea of the robot driver the driver wouldho basically isa avatar that is you and so it kind of takes us back. he has a little one giving a speech, a kitchen that doesn't really exist where his speech starts and then beautiful music composed by a machine. so what he has done is very science fiction-like and i know we feature musk a lot and musk is an interesting figure a lot of balihoo there there is none of that here with jensen he is just a humble nice man >> but jim, with all of the science fiction-like stuff and omni verse, what do you think the biggest potential threat is to nvidia, what is it that they have to be most concerned about? is it about execution or maybe some of their

twenty-five and 25 books written including bill and dave and intel trinity. now, to moderate today's conversation we are thrilled to feature on stage scott is an emmy award winning reporter for the nbc air he reports on business and technology. scott is also mike's podcast partner for the silicon valley insider weekly overview of silicon valley tech industry scott holds a degree in political science and ucla. welcome mike and scott but we're so looking forward to your conversation, take it away. >> thank you so much. welcome everyone, and michael welcome to you. it's great to be here. >> it's great to talk to you, this time i get to ask you the questions. >> and folks, please let us be a little informal. scott and i are not really capable of anything else. [laughter] this is an honor to be here for many reasons. mike, you know i'm a big fan of yours. as a tech reporter i've been standing on your shoulders for years. in some of the earliest stories i did as a silicon valley reporter were at sea hm and you have allowed me to do many there and geek out. individu

what's it going to take to turn intel around and has it started to turn already?n struggling for years. but when the ceo took overnine months ago, he came out with all sorts of plans to stage a comeback they still have some execution issues but more importantly find out how much these projects will cost i'm not talking about 25, 28 in capital expenditures wall street cut the shock. it didn't help intel gave down projections for sales, gross margin and earnings and in response, the stock rolled over. i agree with pat about the need to spend the money i do worry it won't be enough and they're running out of time to keep up with a and d. since we're out here on the west coast, we've got to talk to pat himself. we have to hear his side of the story. welcome back to "mad money." >> always a pleasure what a great location. >> what you have in your hands >> this is almost a sacred moment right? it was 50 years ago this week that the 4004 was invented the micro processor, as you know, is the thing that enabled this computing everywhere. >> absolutely. >> the personal comp

i think at this point, what's the point of selling t intel, john? why bother to sell it. >> jim, also sort of reminds me and we had this discussion a couple times what is going on in memory right now some excess supply, some declines in pricing. it would be interesting if that migrated to other parts of the sector >> but how about this micron move up ten straight points without anyone saying anything we have an upgrade today for a more high end. i'm beginning to see the commodities actually go up c gate which is not semi, but disk, doing well western digital starting to come back let me ask you about this. when i see moves like micron, how did that happen? how did it go up ten do they relate stock or just talk business? >> you talk, you hear a lot about so much money and, by the way, a lot in the private markets, right so, out here people are very focused on the next generation and a lot of it is software and chips that are going to have the next leg of the technological fourth industrial revolution but there is sort of this desire to talk about the

and then moto and intel have been there for decades.o you have a large population of people that are pretty good at putting on the suit to do that that's tough so you have to look for trained people and you have to go there. you are owing to go to dubuque or a la houma or something like that and start over. i think it's going to put pressure on if the structureut f arizona and new mexico but there you go. >> yet are concerned are the likes of elon musk while he's welding cars that are better for the environment he's talking about currency were a lot of mining gets done. >> you know your in 2021 where people are concerned about the environmentalt damage created by a cryptocurrency. you know? i never thought i'd see that day. >> one thing you touchedng on earlier antitrust and i apologize if i'm pronouncing it wrong but the relationship between silicon valley and antitrust. where do you see the antitrust hearings going and will it ever make a difference with the likes of facebook and amazon and apple and microsoft? isn't ever going to aff

that is the epitome of a temporary temporary factor like intel's operational results. so i look at a company where demand is there. there's no question that the demand is there. there's reason to believe that the demand will not only be there, but expand with infrastructure and with capital expenditures that are coming because corporate profitability is high and the demand is there and they just ran into a supply chain problem and they're the latest victims of that and what you have to do is just wait this out if you're in it. this is not a time to sell it. it is a time to buy it, but to be fair and to be as honest and accurate as i am this is probably something that will be flat in the 50s for the next three to six months. >> that's optimistic for the people who are currently holding it like you. i mean, i just feel like i want to bundle this stock, this is where i'm going. you can put it in a basket of so much has to go right stocks for them to really perform well and that's where i feel that we're at and so much has to go right now for intel to take off and so much

just crossed amd 100 bucks a share earlier in the summer and it's inching closer to intel's market capat around 175 billion, i think, intel just over 200 who would have thought there we are. >>> meantime software stocks trading at all-time highs. one high growth name confluent closed up 27%. cloud revenue growth of 245% shares of data dog also seeing a pop from earnings and some big growth numbers with results from snow flake, mongo-dp on deck, cofounder and ceo jay kreps. quite the growth numbers you seem to be on a beaten raise pattern. tell me about what kind of demand you're seeing and from the customer side what seems to drive this outperformance. >> yeah. we were really happy with the results. you know, i think the big picture is it's $50 billion market opportunity and category. and these cloud services are an amazing way of delivering new capabilities around data to companies. and you know, i think that we're seeing really explosive uptake of that in our customer base. >> what about the customer add number to what degree is your customer size and the size of the commitment shift

founded in 1987 by john mcafee, later sold to intel in 2010, intel spun it off in 2016 and ultimatelympany ends up going public in october 2020, just over one year ago. you can see how it performed over the last 12 months. pretty reasonable gains, around 26% full year, 202021. so we are coming full circle and we take it private again. this shows the appetite that is out there for software companies. emily: thanks much. meantime it is all about the , meta-verse, but should it be? optimists believe how you learn, work and getting entertained will change dramatically while creating new opportunities for advertisers, investors and creators. for more, i want to bring in matthew ball, former head of strategy at amazon studios, who was talking about the opportunity in the meta-verse long before facebook changed its name. so much has changed in the last couple weeks. a new name for facebook, obviously making this big bet, you have microsoft making its big bet on the meta-verse. do you see this as a world where one or two companies will own it, or will it be bigger than that? matthew: it will

the second most insider buying is the win we've been teasing a big name and a big story, intel.s a board member but that's not the entire story. according to insider score.com this buy was one of eight buys by insiders in the past week who bought a combined 4.7 million worth of intel one of if not the biggest clusters of insider buys at intel ever eight insiders buying nearly 5 million worth we go with single insider buys so the other seven didn't make the cut. and the most insider buying this week renaissance reinsurance, r&r, buying 2.16 million and the ceo was just one of five insiders buying a bunch of stocks the five biggest insider buys. the names to watch we'll do it again next friday right here on wex. >>> let's stick to where the market action is and bring in jon najarian market rebellion cofounder and a cnbc contributor maybe we should do options activity on intel, eight different insider buys but you're looking at different options activity in some of the consumer names >> yeah. in particular, brian, these consumer discretionary plays have done exceptionally well in f

lunch they've got intel's customers. they've got google, aws, azure they're all customers and their data center chips are critical if you think about where they're going and they're competing with nvidia, nvidia's a100 chip is an ai chip. amd is going at them head on in ai, their ability to xuft f compute faster and look at what's happening with nvidia. the headline as a sexy headline but i tend to agree with the guys here. i'll take dan's 50% in the last 35, 45 days, to 85% from july. so i do think the stock's had an incredible run the valuation is difficult and i think it's been a transformational time. >> looking at it from a facebook perspective, karen, renaming itself meta platforms signals its commitment to the metaverse and therefore its capital commitment to the metaverse. this may be a small -- i don't want to say it's a small contract it may not be a big deal in terms of amd's overall valuation, but this could be the tip of the iceberg in terms of future contracts and business from facebook which clearly has a

there is a scramble right now by intel and even the taiwanese to get to the states and start creatingem but it's going to take two or three years and billions of dollars to get us to where we are secure again and making our own semiconductor devices such a worrisome time right now. >> i want you to ask since you brought it up geopolitical situationte or technology like politics on capitol hill technology are entwined. this antitrust hearing something, it's altogether and incest were squirreled between global politics in silicon valley tech. what was it like in 1985, courtney a little more, i want to say in the shadows but doing our own thing back then? >> unnoticed would probably be the right word to describe it. this was a world of concrete buildings in the middle of orchards. very few freeways, el camino was the main artery and during that time, the valley operated pretty much independently from the rest of theat united states. there were no famous people in 1985. jobs with the building and he hadn't got his great profile yet in there magazine. the valley wasn't noticed. they were d

fletcher, should we be thinking about this as a reynolds case or an intel case? in my mind, your claim of state secrets really undermines the foundation of reynolds. so i'm hesitant to call it a reynolds case. i think it's an intel case. >> we're content to have you think of it as either. in our view it's both, and they dovetail, as you and i discussed. if you are not willing to decide the privilege question all the way or to take it as far as we would take it, then i think a perfectly appropriate disposition would be to say that at a minimum, the circumvention of the mlat process and the intrusion and burdensome nature of the discovery that would have to happen and that would still carry risks of disclosing secret information -- >> even in intel, it's also the necessity, which is a question that i'm going to ask your adversary. >> you're right, exactly. and we're not talking about vindicating u.s. rights. we're talking about seeking evidence for a foreign proceeding which is categorically a lesser showing of necessity. >> thank you. >> justice kagan. >> again on

we own nvidia but intel is so cheap.y had a poor earnings report but if i invest in a three to five-year window we think they'll do better. certainly if i left all the money in nvidia we would have done better but always looking at growth at a reasonable price and intel fits that bill quite well. >> that is an interesting call given another bad earnings reaction let's get to chegg frank? >> down 20% after a miss on the top line and eps in line with estimates. the big number to watch is the subscriber number. below the estimates of 4.86 million and weak guidance. full year revenue guidance below th21% right now after a miss on the top line eps in line. also weak guidance for the full year back to you. >> on a rare miss there especially on the outlook for chegg. thank you. tomorrow we'll talk to the chegg ceo about the results. one question always is how much demand pulled forward in the pandemic online explanation exploded but the business was growing a lot into it. is earnings providing a good opportunity for investors?

fletcher, should we be thinking about this as a reynolds case or an intel case? in my mind, your claim of state secrets really undermines the foundation of reynolds. so i'm hesitant to call it a reynolds case. i think it's an intel case. >> we're content to have you think of it as either. in our view it's both, and they dovetail, as you and i discussed. if you are not willing to decide the privilege question all the way or to take it as far as we would take it, then i think a perfectly appropriate disposition would be to say that at a minimum, the circumvention of the mlat process and the intrusion and burdensome nature of the discovery that would have to happen and that would still carry risks of disclosing secret information -- >> even in intel, it's also the necessity, which is a question that i'm going to ask your adversary. >> you're right, exactly. and we're not talking about vindicating u.s. rights. we're talking about seeking evidence for a foreign proceeding which is categorically a lesser showing of necessity. >> thank you. >> justice kagan. >> again on

i asked why. >> american intel says they cannot crack the origins of covid without china's help.e president's push for the chinese to be participate more, provide more data and information, we have never held back for it. we have argued for it and the president did talk in his meeting about the importance of transparency. this is an example of it. >> biden and xi have known each other a long time. they have worked together in different capacities a long time. biden says they're not old friends. xi says they are. whatever this relationship is at this point, they're apparently not at the place where the president can ask president xi to do something or pressure him to do something in a private one-on-one. martha? >> martha: it's interesting that it went in code under just discussing transparency in general and they would know that that means that we're pushing back on covid origins and all of this discussion about diplomatic boycott at the olympics. a lot to cover there. thanks, peter. good to see you. >> thank you. >> martha: that's "the story" for this thursday, november 18 as we

intel agency-led investigation into the origins of covid. >> peter, it's clear that that's what we want. >> it's clear even though that's not something that president biden explicitly told xi when he had the chance. right now president biden is wrapping up a day of meetings inside the white house with the leaders of canada and mexico and this is the first out of the last nine so-called three amigos summits dating back all the way to the george w. bush administration that ends without a press conference. bret? >> bret: peter doocy live on the north lauren. thanks. we now a little more about president biden's massive social spending and tax plan. we have just received in the past few minutes the final cost estimated from the congressional budget office. the cbo. the congressional correspondent chad pergram tells us where things stand tonight. good evening, chad, what do the cbo numbers tell us? >> good evening, bret. the cbo says the bill will adds 367 billion to the deficit over a decade. they will make up revenue catching tax cheats. those figures are crucial. members can use the evalua

he is the intel committee chairman, for goodness sakes.en spreading these lies. look, the reality is, it is the clintons and the democrats that were colluding with the russians in order to take this position that donald trump was colluding with russia. after the mueller probe, now what is going on with the durham probe, we're finding that was never true. donald trump did not collude with these people. in fact it was the clinton democrats political machine that was paying people to go generate this type of information and have people like adam schiff out there doing it. elizabeth: stay on that for a second. let's back up. obama officials, dni james clapper said there was no there there. peter strzok testified there was no there there. clinton operative, charles dolan a pr executive, shown to have more ties to russia, this guy has more ties to russia than trump did. had ties to the russian foreign ministry, the russian parliament. his fingerprints are all over the trump sex tape, you know what i mean? so, this guy, the charles dolan, he was

with the intel ceo in a couple of days one of the things intel needs to do is pivot harder to the foundry strategy the one concern that the market has is that the market is shrinking because of what i talked about with cloud customers customizing their own silicon. one of the new investigators of growth really could be foundry i think the ceo agrees actually because he just raised his capex targets to become a foundry and compete. >> i appreciate you fielding that one sung, it's great to have you on today. thanks for all the ideas and the perspective. >> absolutely. thanks for having me sung cho. the etf he's speaking about is g-tech. >>> the second largest independent mortgage company just reported a jump in market share. here to talk about how and where they're making inroads, loandepot founder and ceo anthony shea joins me in a first on cnbc interview. welcome. what would you say about the housing market and all the hubbub about what's going on at zillow >> the biggest issue is the lack of inventory, kelly. interest rates are still historically low the economy is strong. we're seeing v

he fielded requests for intel on a then unpublished investigative story by a new york writer. and information about a rumor and more accusers that were about to come forward march 7. cuomo responded to the second request 40 minutes later and wrote back "no one has heard yet." the messages deep in question about whether chris cuomo, one of cnn's star anchors, crossed lines in his advocacy for his brother and misused his position as a prominent cable-television anchor. it is open forum. we go to moncks corner, south carolina and hear from david. caller: good morning. thank you for taking my call. i just wanted to take a minute and summarize -- wish i could have spoken with senator heitkamp -- trying to describe loss of party influence in rural areas. i think i speak for a number of people. all i voted republican i was relieved to see president obama gain office and not just for myself but for a lot of people. it was a great thing to see. but then i heard eight years of race, race, race and it wore on me. i have been hearing the likes of pelosi and durbin and schumer say that i a

boeing it doesn't matter because there's only two big plane makers. >> exactly intel used to be theest in the world. now, you know, it is arguably taiwan semi, which we own, and samsung. here it is visa and mastercard, it is airbus and boeing. there's no other place to go also, you know, 80% of the world's population has never been on an airplane. it is nice to think of a market like that that's still wide open, and, again, in three years it could be gangbusters again. >> you raised visa, so let's spend a moment on that one, which we are showing it on screen it is another one of your picks here that one i might argue with you that there's no competition. you know, you have seen what is going on with buy now, pay later. obviously crypto, the bitcoin network. even in europe where they're building their own payment system starting with peer-to-peer doesn't it mean there's new rifl rivals that never existed and that's why retailers are pushing back to lower fees >> i think so. obviously you are see in amazon is the latest example of pushing back on fees in the united kingdom. first of a

when you look the accelerator, basically chips, like intel makes. makes both chips that's a powerful combination. we think there's a lot >> dave: adoption for them and we're not sure that's quite the share. >> so you think it's undervalued still? >> we think business will be better than people expect. and the stock price will respond. >> all right, larry, good to see you, thanks for your picks larry cordisco >>> coming up, the most expensive art collection ever sold hits the auction block next week we'll get the preview of a billion dollar art week. isba aerhange" is ckft th es evolving with the world. some changes made me stronger. others, weaker. that's the nature of being the economy. i've observed investors navigating the unexpected, choosing assets to balance risk and reward. and i've seen how one element has secured their portfolios, time after time. gold. an element so agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. retirement income is

the way to do that is making sure that the major chip manufacturers like samsung, like intel, have theacity they need, and what you need to do for the future, you need to start now. it is a big investment and a big time commitment as well. caroline: it will be a few years until he comes online. they want to gain market share compared to some competitors here in the u.s. tom: there is a huge, cutthroat competition going on among the major advanced chip manufacturers. samsung, and don't forget tsmc based in taiwan. each of these players is working for market share. they want to dominate the most advanced chips, they want to get out ahead of each other. remember, we talked a lot about how intel was once the leader and the most powerful chips in the world, but they have fallen behind in the last couple of years. what this does, it gives tsmc and samsung an opportunity to sprint ahead and gain an advantage. that's why you have the biden administration and the folks in texas willing to have a foreign company expand here, because it is all about making sure that we don't run into the same bot

remember, we talked a lot about how intel was once the leak -- the leader and the most powerful chipsn the world, but they have fallen behind in the last couple of years. what this does, it gives tsmc and samsung an opportunity to sprint ahead and gain an advantage. that's why you have the biden administration and the folks in texas willing to have a foreign company expand here, because it is all about making sure that we don't run into the same bottlenecks that we are seeing right now that are disrupting our holiday shopping season. caroline: talk to us about the competition between the states as well. tsmc is more in arizona. why did texas manage to lock it in with samsung? tom: greg abbott, the governor there, has done an effective job it selling texas as a business friendly, low tax, low regulation environment. we have seen lots of companies from tech land, oracle, tesla to name a couple, hp, all moving or expanding there. apple is already there, samsung is already there. texas has become an attractive place. the big question becomes, when you bring in these companies and give the

democratic process, so said marco rubio's senate intel committee run by republicans. investigation into the 2016 trump campaign, by the way, not steele, but the man who actually kicked it off? the committee found that papadopoulos likely learned about the campaign in as early as 2016 with a maltese academic with russian tice well before confirmation of the russian effort. they found papadopoulos communicated the information he learned to at least two separate foreign governments. the committee could not confirm that papadopoulos wanted the information. though the committee finds it implausible that papadopoulos did not do so. in other news, offering dirt on hillary clinton, this is what the intel committee with the chairman rote. committee assesses that at least two participants in the june 9, 2016 meeting -- have significant connections to the russian government, including russian intelligence services. and trump and senior campaign officials sought to obtain advance information about wikileaks planned releases through roger stone. at their direction, stone took acti

and pursuing intel. the wedding girl he refers to, attempted to kiss her in 2019. and getting out of damaging media reports, including a piece, this includes reports by ronan farrow. and everett has nothing better than boiling that's a great sign. and accuses him of forcibly kissing her in his office. and he spoke about the piece, implying business as usual. and cnn deemed those calls and appropriate. >> i'm not an advisor. i a brother. i wasn't in control of anything. i was there to listen and offer my take. my advice to my brother was simple and consistent. bone what you did. >> cnn releasing a statement, quote, we will be having conversations and seeking additional clarity about their significance as they relate to cnn over the next several days. andrew cuomo at spokesperson putting out a statement after the new documents were released of hand-picked witness testimony. the his critics governor denies sexual misconduct allegations. todd: a lot more on this coming up with joe concha. jillian: miranda devine if new book on hunter biden's chinese business dealings c

. >> greg: the .14 nobel laureates does that sound like, the 14 intel or 17 intel expert and that all name. >> geraldo: this is the point. isn't the real point that because of joe manchin and senna and other moderates in the senate democrats, this will never happen. this is never going to be passed. >> dana: think about what will happen friday congressional budget office nonpartisan scorekeeper for how much the bill will cost the american people. so the moderate democrats and senator manchin requires the video for. they are waiting to see what the score will be before they will vote on it. already because the white house knows the score will not come out in their favor, they are trying to work the rest. so these guys, they don't have the experience to say how much the irs will have to claw back from all of these americans and they don't really know and then today peter doocy asked them about that, "no, we are not trying to disparage the cbo. we just think if better xyz." so i do think joe manchin will hold strong, but yes, please finish. because there is a clear difference between the

it is not just about winning customers from intel, it is making sure that globally we have a sufficientply of chips so that the next time we are faced with a supply chain crisis and that we have all been talking about -- if we have the capacity we need in order to sustain that. >> this is not about addressing short-term shortages. how much of this is about bringing the chip supply eco-center back to america? >> the biden administration really wants the u.s. to get its chip mojo back. for a long time, we were at the forefront of that but in recent years, intel has had stumble after stumble in terms of manufacturing the most advanced ship, the smallest and most powerful chip. ideally, that would be a u.s.-based company but nevertheless, having the availability here is really important, having the expertise here is really important. and making sure that manufacturers have access to it close by. that is where texas comes in. >> we do have lots more to come, this is bloomberg. ♪ >> it is a good signal from the authorities that they are concerned about the higher oil prices. is it a diplomati

or an intel case? in my mind, your claim of state secrets really undermines the foundation of reynolds. and so i'm hesitant to call it a reynolds case. i think it's an intel case. >> to think about it as i-fer, to both and dove tail as you and i discussed, but if you are not willing to decide the privilege question all the way or to take it as far as you would take, it then i think a perfectly perfect disposition to say at the minimum, the intrusion and burdensome nature of the discovery that would have to happen and would still carry risk of disclosing secret information -- >> it is also a necessity, the question that i'm going to ask your adversary. >> you're right, exactly. and we're not talking about indicating a u.s. right, we're talking about just seeking evidence for a foreign proceeding which is speaking categorically a lesser showing of necessity. >> thank you. >> again, mr. fletcher, on this idea of using code words and given that petitioner was detained in two separate locations, isn't there

the question how much of one, we don't know intel we see it clinically.e will not be able to tell than the laboratory. the modernist ceo. we might not see the same level of protection that we see for delta. it is down a bit, get the booster that's with the booster is doing. that message needs to be clear we need as much immune protection as possible while they work on pfizer image irna in a more targeted booster for three months from now. david: i heard you earlier say it will take three months for vaccine makers to adapt to the new variant. if we don't adapt well to it already. three months is a long time for a virus like this. worse case scenario, does that mean were out of luck if in fact it doesn't react to the vaccines we now have and we have to deal with therapeutics because we do have a good supply of therapeutics. how good are they again since variant? >> these are great questions. i don't think were out of luck. i cannot imagine a scenario where the vaccine doesn't give us partial protection at least partial protection against your booster. that'

what he means by that he was intel chief and afghanistan military headquarters in kabul. he will collect all of these intelligence assessments. he said my news before 9:00 o'clock in the morning was never good if i brought good news then, we captured or killed somebody or we just found out something or did something that actually works. for a while it might've made me feel good but after 2006 it was irrelevant because we were just killing so many people and it wasn't making any difference at all. this is what he said about the war in afghanistan this was his interview in the summer 2015. he goes on and on. he says operationally the reporting that comes out of their out of military headquarters is wonderful, it is rosy. i am on the video terminal conference with the secretary defense, the commander, the field commander and i get my presentation about what is going on and it sucks. it is almost like disregarding, commanders go got it, here's what were going to do anyway. he goes on and says this is a really important point. if you go back and look at the mission statement f

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is qualcomm i think you have to sell the spike higher if i was going to bet on one, i would go with intel. i think it could rally quickly and the others will flatten out. >> draftkings, one of our traders says the market is getting it wrong >>> later, on a special "options action," guy is getting in on a fun laying down a stk oche says should rule them all wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq [uplifting music playing] yeah... oh. don't worry i got it! ♪ i had a dream that someday ♪ ♪ i would just fly, fly away ♪ if you're 55 and up, t- mobile has plans built just for you. whether you need a single line or lines for family members, you'll get great value on america's most reliable 5g network. like 2 lines of unlimited for just $27.50 a line. only at t-mobile. at vanguard, you're more than just an investor, you're an owner with access to financi

what he means by that he was intel chief and afghanistan military headquarters in kabul. he will collect all of these intelligence assessments. he said my news before 9:00 o'clock in the morning was never good if i brought good news then, we captured or killed somebody or we just found out something or did something that actually works. for a while it might've made me feel good but after 2006 it was irrelevant because we were just killing so many people and it wasn't making any difference at all. this is what he said about the war in afghanistan this was his interview in the summer 2015. he goes on and on. he says operationally the reporting that comes out of their out of military headquarters is wonderful, it is rosy. i am on the video terminal conference with the secretary defense, the commander, the field commander and i get my presentation about what is going on and it sucks. it is almost like disregarding, commanders go got it, here's what were going to do anyway. he goes on and says this is a really important point. if you go back and look at the mission statement f

then, the truth finally revealed as then intel committee chairman devin nunes told us so long ago. >> this was the clinton campaign's dossiers. it appears like the dirty cops were more than willing to take the information and present it to the fisa court. maria: a third arrest in special prosecutor john durham's probe into the russia collusion die, investigative journalist john solomon with breaking news analysis. plus, one of the few truth tellers who exposed it all first on this program, three years ago. >> there were actions taken by individuals at the fbi to continue counter intelligence investigation against the sitting president president, against his campaign and then against his presidency. maria: former director of national intelligence, john ratcliffe, on clinton lies, fbi bias and the impact of politicking in government. then, no regard for our money at all, the new lie about paying migrants who broke the law, first it was garbage, then it was happening, then the white house gets stumped on explaining it away. >> are you giving people who came here -- >> i don't understand

that's trading at a high and that's likine intel and it's not apple. it's not amazon. it's technology overall, that's what's driving it so don't have such a narrow view in terms of paypal, i'm looking at it and i'm not there yet, it makes sense and the earnings growth is amazing and it is also a more competitive space now than it has been in the past so some things have changed and the question is have they navigate the competition and the pricing power doesn't stay with them anymore and it stays with the ones using paypal who have had more leverage now than they have in the past. i haven't done enough work one more thing, scott. i do have a small position and scott mentioned it in unity and you have two companies that are in the metaverse driving it. one is, of course, epic games and the other is unity so you've got to own one of them >> uniuty is up 7% back to paypal let's put that back up because you guys are definitely moving that stock dr. j, you don't own it, but you like the space you just choose to play in the square sandbox instead of paypal why? >> i took pro

look at ibm and intel.entioned kind of dinosaur tech in some of my notes and right now they are falling into that bucket. so they have no identity and you have names -- value names, not really growth anymore and they are sort of homeless in terms of their identity, and that's leaving them kind of left behind it will be interesting to see, you know, what, you know, deals and partnerships they kind of continue to forge forward heading into '22 it's clear they have a lot of makeup work to do as, again, you know, themes like crypto explod exploding and the bmpl trend. >> fascinating way to look at it we will hear from gelsinger tonight with cramer on "mad money. appreciate it. great to see you. >> thanks for having me, guys. >>> walmart this morning, huge story. falling after a post-earnings pop in classic style despite a beat on the top and bottom line. e-commerce salescontinue to drive growth, up eight the ceo was with us on "squawk on the street" and we talked about the company's digital transformation >> we

it's cpus and gpus and gain would come from intel. the market leader in cpus. nvidia the leader in gpus. again amd shares up 11% on the meta news. >> jim kcramer with the late oesest news letter saying it's a chance to take some profits. nothing negative against amd but run up so far so fast and he is in it for many -- much of the year's gains. >> still sees it as best in breed. >>> ev stocks rising today pippa has more. >> the stocks getting the jolt because the infrastructure package for ev charging are most ambitious to date. the spending calls for a $7.5 billion to build a national network of chargers. this is really important because one of the hurdles in the way of widespread ev adoption is range anxiety or the feeling to be stranded with no charger so the hope is that more chargers including along major highways means consumers are more comfortable with evs. charge point which is the largest peer play name up. and then there's evgo up 37% today. these companies have different business models but research firm needham saying it expects all the charging na

. >> boring tech >> it's intel. surprised you don't own qualcomm it seems to be in your wheel house, too the kind of name that you would. what's your view here on the back of these conversations we've had about some pretty high- hig high-flying names? >> i think it's kind of in the same way that i think of faang to stop painting them all as one. in our old school boring tech, we own amat, cisco, palo alto, teradyne we also own ibm, intel, vmware, taiwan semi. so some of those are up 65, 40, 30%. some of them are up 1, 4 and 12%. i think it's -- i think it's really important to look at each individual company on its own merits and not try to lump them together because i'm not sure we're in an environment where we can lump or broad brush paint -- i think it really is a stock picker's market. i loved it and it killed me to sell it. i bought it on the announcement of brexit at $53 a share and then sold it about a year ago at 128. i had to sell it it didn't make the dividend hurdle anymore it became too expensive for wha