for "nightly business report," i'm josh lipton in silicon valley. >> not everyone was out shopping andooking for deals. some were protesting, about walmart. and the wages the world's largest retail pays its employees. eamon javers was there. [ chanting ] >> it's become the new black friday tradition. union organized protests at walmarts across the country, to spur the giant retailer to boost pay for its associates. these protesters are walking from capitol hill over to the brand-new walmart here in washington, d.c. what they say they want are $15 an hour wages for the workers at walmart. and they want more flexibility for the ability of the workers there to get a full 40-hour work week. a lot of the workers there, these guys say, aren't able to get enough hours in the week to have a real sustainable job and provide for their families. we met up with melinda, a d.c. resident who says her $9.90 hourly wage is not enough to keep her from being forced to collect federal food benefits to feed her family. >> i do depend on the government. i still receive medicaid and i also receive s.n.a.p.

josh lipton has more. >> for qualcomm, china offers great potential and also significant risks. the company stands to make a lot of money because of growing depend in china for smartphones that rely on its technology. but qualcomm also has said that china presents significant challenges. so what exactly is going on? for one, chinese hand set makers that rely on qualcomm technology sign a license agreement and pay royalties. analysts at fbr estimate that if a chinese company else is a $200 smartphone using qualcomm technology, then it could be on the hook to pay qualcomm about $8 per phone. here's the problem. qualcomm says unnamed chinese companies are either not paying the royalties or underreporting the number of phones they're selling. that's potentially a big problem for qualcomm. its licensing business as a whole represents about 30% of overall revenue. it's a problem. we're still trying to quantify it, but it's a substantial problem for these guys. we think it's probably affecting revenues as much as call it $500 million. so it is a sizable amount. >> separately, qualcomm

josh lipton has that story. >> reporter: specialists in robotics are gathering at the white house and at three universities including the one i'm at here, uc berkeley. their mission is to figure out ways in which robots can be used to fight the deadly ebola outbreak. >> the idea is to think about what are the technologies that can be used in the near term to assist the workers and patients and also what are the research needs for the longer term. >> so what are some ways robots could be used? physicians could use robots to diagnose patients remotely so limiting their own risk. you could see robots decontaminating hospital rooms and robots potentially able to insert ivs. >> the robot, for example, you can imagine you would bring something near the arm or hand and it would be able to scan with infrared or ultrasound and position the device to insert the needle. >> reporter: so you can see how that would have a lot of application for health care workers who have to don that protective gear, makes handling needles a lot more difficult. there are challenges with using robots in general. th

josh lipton has more in euros possibly. >> another i bond could be on the way.eet journal" reporting that apple is eyeing the bond markets again lining up a potential new deal. deutsche bank and goldman sachs are arranging a call for the firm with investors this afternoon in london and the deal possibly at least partly in euros could come as soon as tomorrow and this would be a first. apple has never issued debt in currencies other than the dollar before. apple just now confirming to me that the call will take place. remember, this call is for potential buyers of the debt. it's not a public call. apple is simply taking advantage here of the current interest rate environment. they would expect apple to use proceeds of the bond sale to fund the buyback program and keep paying dividends and make acquisitions. decision by apple to jump into the bond markets again isn't a total surprise. earlier this year the ceo said the company planned to be active in domestic and international bond markets during 2014 for an amount of debt financing similar to what apple issued la

josh lipton is live at the best buy san jose with more. >> best buy's site has been down about an hour now. we reached out for an answer and nothing yet. we'll keep you posted. best buy stores did just reopen. shoppers are looking to buy as many electronics and gadgets as they can possibly carry. so what are going to be the hot tech products? televisions as always are going to be red hot. especially that ultrahi-def 4k tv should be they say very popular. >> if you want to sell tvs to the american public you need two things. they need to be as big as they can afford and fit in their house. and they need to have the best picture that they want. and 4k really addresses it. this is the state of the art of the picture. >> if 4k is a hit that is good news for samsung which control about 50% of the market. offering a number under $2,000. best buy offering one 4k model for about 900 dollars. gamers are also out in force on this black friday. deals on games and consoles. target offering the xbox 1 plus games and a gift card for $330. and a lot of demand for gopros, which range from 130 to $500.

josh lipton is doing digging. we have a report on that coming up in a little bit here. >> entering the final hour of trade, the dow jones industrial average off 20. the s&p just barely negative at 2017 and the nasdaq adding 5 points and still the outperformer. >> talk about it all in the closing bell exchange today. sam stovell with us, jake raddic, quincy crosby and our own rick santelli, of course, in chicago. sam, i have to give you some credit here, buddy. you were quoted recently saying you felt the major averages would be in record territory by thanksgiving. we were all saying, oh, sam, you're so optimistic right now. well, you were -- you picked the wrong holiday. >> that's right. >> we were at all-time highs by halloween. so now what? >> that's right. well, actually, i'm smiling and still wrong. i think the market's basically realized it went down too far based on the news or the lack of information that it really had. what i can tell you is that history says but does not guarantee that we are likely to se

josh lipton has that story. >> reporter: silicon valley is known for culture and dynamic thinking.hat's true when it comes to engineers and scientists who come to the energy sector. we come to two cutting-edge projects when we think about energy production in the future. forget solar and wind, 25 years from now this is what high-tech energy could look like. welcome to the national ignition facility or nif at lawrence livermore national laboratory, the world's largest and most powerful laser. when fire, temperatures and pressures in the core are similar to those inside a star. government was building a nuclear arsenal, but scientists like the principal associate for nif are equally excited about what the project means for energy production. >> if we get fusion ignition in the laboratory near on nif, that would open a conversation as to whether fusion power is a practical pursuit or not. >> fusion is what powers the sun, and if researchers can make it work, the impact could be huge. >> we have very similar targets, about the size of a pencil eraser. >> just a few gallons of water con

our josh lipton has this story. and we want to hear from you, should marijuana be legalized in the united states? go to cnbc.com/vote to weigh in. meantime, we'll check in with josh in san jose. hi, josh. >> reporter: hey, tyler. well, founded in 2009, spark now serves up to 400 customers a day who can pay $300 for an ounce of marijuana. so why is spark the go-to destination for weed lovers here? well, one, the shop boasts an award-whipping design. warm lighting, communal tables and feels like a high-end wine bar than a pot shop. it's executive director also unique in addition to running spark, robert jacob is the mayor of a town in california and says investors should be put to work in marijuana. >> this is an excellent place for investors to put money in. if you talk about the new capital growing and the next hot thing, this is it. >> now, customers in order to buy marijuana at spark need to be at least 18 years old, need to carry a letter of recommendation from a physician. and the dispensary operates as a nonprof

josh lipton out west with the details. >> we know investors are big fans of the new iphones but how would they feel about a new i-bond? apple is lining up a potential new deal possibly in euros. deutsche bank arranging a call with investors. a bond sale in europe makes sense for apple given the region's rock bottom borrowing costs. the average yield investment grade corporate debt in europe is around 1% with an average maturity of five years. in comparison a bond issued in dollars maturing in five years yielding around 2%. this could be another cheap funding source for the iphone maker. apple was last in the bond market on april 29 with a $12 billion deal following up on last year's $17 billion sale according to deal logic. jean munster says it is a clear bullish sign about how apple feels about its future. it must feel confident about business if they are willing to sell debt. munceter expects apple to use assets from the deal to buy back more stock and committed to a capital return program but thinks the company is now setting the stage to expand the buy back program, an announcement he

. >>> first josh lipton has the cnbc market wrap. >> hi, alex.ng into tomorrow. stocks end mixed in today's trade as the price of oil slid to a three-year low and americans cast ballots in midterm elections. the dow rose 17 points, the s&p 500 dropped about 6 points and the nasdaq fell 15 points. that's it from cnbc, first in business worldwide. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells,... you can get hives, vision

." >>> i'm josh lipton with your cnbc market wrap. staurk staukts are mixed this election day.5. oil slides $1.59 to a three-year low of $77.19 a barrel. the decline hitting energy stocks. halliburton, chevron all fin king lower. alibaba released its first ipo earnings report. profits jumped 16%. revenue also beat. that's it from cnbc, first in business worldwide. ever since we launched snapshot, my life has been positively cray-cray. what's snapshot, you ask? only a revolutionary tool that can save you big-time. just plug it in, and the better you drive, the more cash you'll stash. switching to progressive can already save ye $500. snapshot could save ye even more. meat maiden! bringeth to me thine spiciest wings of buffalo. (receptionist) gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. i just talked to ups. they got expert advise, special discounts, new technologies. like smart pick ups. they'll only show up when you print a label and it's automatic. we save time and money. time? money? time and money. awesome.

josh lipton following the story. josh?er: kelly, it's being called uber-gate and the senior vice president of business in a conversation he thought was off the record floated the idea of team of researchers to smear members of the press who attacked the ride sharing company. michael said that the researchers look into the personal lives and families of journalists according to a buzzfeed report. and michael seemed focused on sarah lacy, the editor of pando daily accused uber of sexism and the ceo taking to twitter calling the comments terrible and for his part michael himself also publicly apologizing to lacy saying his comments were wrong and he regrets them. so what will happen to michael now? well, judging by the tweets, not much. jeffrey sonen feld says that's a mistake saying that at a minimum michael should be on suspension and undertake an internal investigation and how transparent with the media. drama at a critical time for uber. tech site said uber is raising money to value them at more than $25 billion. back the

josh lipton with the details now for us. josh? >> kelly, qualcomm reporting and disappointing. reporting $1.26 on 6.69 billion. the street wanted to $1.31. that's a miss on the bottom and top. shipments of chips, 236 million and misses forecasts. on this call, expect the analysts to have questions of china in particular. qualcomm facing challenges there. chinese handset makers that use the technology not paying royalties to qualcomm or underreporting the number of phones they're selling. separately you have the chinese government investigating qualcomm under the country's anti-monopoly law and expect questions on that at 4:45 eastern. back to you. >> this is certainly going to be one to watch, josh. thank you very much. down almost 6% after hours. republicans still celebrating their takeover of congress today. the biggest winner could be investors. stocks historically soar double digit no matter who wins. >>> and the markets may love the midterms but we'll hear from somebody saying that the election results will destroy the economy. that's coming up. stamps.com is the best. i d