josh lipton, thank you we will take a quick break here. john will do "unusually activity" and he will do it next get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity. esg is responsible investing. that's decision tech. who's responsible for building esg into your investments? at pgim, the pursuit is on for outperformance. as active investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. reducing our carbon emissions to net zero may be our biggest challenge yet. there's no single action that will lead us to carbon neutrality. but there is a single source of essential sustainability intelligence. s&p global sustainable1. >>> all right. dr. j, unusual what do we have today? >> well, scott, let's start with open door tec

. >>> veteran led black rifle coffee company getting in buzz josh lipton at the hq with more. working on the audio. >> with that story but maybe we'll get bag to that a little bit later is josh with us? i don't think he is. we look forward to that story in a little bit reminder how we closed today which was down on the dow largely because of disney. s&p did eke out very slight gains. 6 basis point just slipped in the session. nasdaq was up about 0.5 pshs materials the best performing sector we'll come back after a short break. david malpass still to come among much more. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. po

sector but management has the supply issues as a headwind that will last until 2022 let's bring in josh liptonis a cnbc contributor and he'll give us the trade. josh, the story first. we've talked about this. is there overshipment already in some parts of semis, like auto, they might be exposed to >> so it's up about 30% so far this year. it's about 10% off its august high i checked in with bernstein's stacy rasgone. he wants to know just how executives are thinking through the sustainability of demand in their order patterns and any color and commentary we might get about what they have seen in the auto supply chain. that's this company's bread and butter and represents 50% roughly of revenue also those broader capacity constraints we talk about with these chip makers, how executives are enthuthinking abt the bottlenecks and what they're thinking in the quarters ahead nxp is an apple supplier apple probably represents mid to high single digit of revenue here, kelly. >> delano, what would you do with the stock >> i think investors have had a pretty good ride i would continue holding that big t

josh lipton is in salt lake with a look at what's still ahead in the show josh >> that's right.here at black rifle coffee company, a veteran-led business with a lot of momentum. i spoke to the ceo and we'll inyohicoen aerhebrg u s mmtsft t break. so, you want evs, you have come to the right place. is that tom brady? yeah. he comes in to recharge, get software updates. you know. let's go! in business, setbacks change everything. so get comcast business internet and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a limited time, ask how to get a $500 prepaid card when you upgrade. call today. >>> welcome back to "squawk on the street." back to josh lipton, live in utah looking at a veteran led company that continues to have significant growth josh >> that's right, david on this veterans day we

from salt lake city, here is cnbc's josh lipton >> reporter: on this veterans day, army veteran lucasrst two years i was out at 35 jobs i was never fired from one of them the hardest thing was finding like-minded individuals to work with. >> reporter: then he started grizzly forge out of his garage. but lacking business experience, he says it nearly folded then came a phone call from another veteran, evan hafer. >> that saved my business, turned my power back on so i had the opportunity to build something that creates that infrastructure support for guys like me. >> reporter: after a 20-year military career and some 40 deployments overseas, hafer, a former green beret founded black rifle coffee company in 2014 but his connection to coffee came long before that. he started roasting in between deployments to iraq and afghanistan, bringing the beans right along with him >> it's just that one cup in the morning that would connect you back to home >> he brought in nearly $1 million in revenue the first year fast forward to this year, an estimated $230 million but his ultimate mission is be

josh lipton with the details looking at the smh and the sox at record highs. >> three headlines on the. nvidia, beats on the bottom and top. guidance bet ore than expected up about 140% so far in 2021 our own jim cramer saying this is the next trillion-dollar company. more chip news, ford looking to get into the business according to the journal and developing chips and could eventually lead to joint production in the u.s. and honda, car factories will return to normal operations last month at 90% capacity this month. back to you all. >> josh lipton, thank you very much tomorrow be sure to catch the exclusive interview with the nvidia ceo on "mad money" and recommended this stock pretty much since the early days. named one or two dogs after nvidia just when you think you missed the stock it makes a move. is it going to a trillion in market cap >> it could easily go. a brilliant call by jim. does the company have 40% annual secular growth because of gpu data center growth driven by ai and cloud? if you believe that you can feel somewhat comfortable there i'm not but i will tell you that

josh lipton has a breakdown for us josh >> so, jon, palantir ceo alex karp was not on that conferenceother executives saying this was a fantastic quarter. numbers, q3 eps in line. revenue beat q4 revenue forecast also a beat. revenue for the full year expected to be 1.53 billion a jump of 40%. and karp's company reaffirming it does expect annual revenue growth of 30% or more through 2025 but rbc's saying a red flag to him in this report, decelerating growth on the government side but also he says on the commercial side if you back out the spacs, he says, palantir has become a big investor in tech companies that are themselves getting ready to go public palantir sector perform yes, deep customer relationships but also says there's a rich valuation on this one and he does have concerns about long-term growth post pandemic on the other hand, jeffries takes the other side of this trade. he says palantir is a buy. bottom line he says expectations were high heading into this print. that explains some of the decline this morning the key metric of financial health brent argues is backlog grow

that's pushg the stock higher by 2% and i am just told that apple is not commenting to our own josh lipton we'll continue to follow that josh, do you want to opine on this i know you're a shareholder, too. >> yeah. thai have $200 -- probably closer to their 230 billion in cash who else should be doing a car and what else should apple be doing? they're not interested in acquisitions, right? they've made a very, very small handful of notable acquisitions so they're not going to do that. there's only so much in dividends that they're going to pay out and the buyback is already huge they're spending tons of money in rnd and tons of money in capex with the headquarters and things they're building around the world and they still have too much money piling up so i do think they need to think bigger and i think shareholders have been waiting for them to do that and they have endless resources. there's literally no one else on the planet that has the resources apple does until we start talking about sovereign nations. >> i do understand all of that >> i'll buy an apple car >> i do understand that,

josh lipton is at the nasdaq with what's moving hey, josh. >> carl, let's start here with the team and that to neutral and pointing to increasing competition and prospects for slowing growth that stock about 10% now off its high but still up around 30% in 2021 our own jim cramer says maybe the easy money has now bipartisan made in cybersecurity stocks he still likes palo alto networks up 40% this year also worth highlighting reporting and moving higher q3 results and q4 guidance above expectations that one up more than 60% now in 2021 nxp reporting results after the bell and up around 30% this year and off 10% off its august high. here on sonos also enjoying a day in the green up 45% this year demand for its products have soared in the past year and its growth so, barren's argues not reflected in its stock price > >>> let's come back to facebook name change. meta our next guest is calling it a new battle for hardware and software and a sign that mark zuckerberg doesn't want his desk being controlled by hardware companies such as apple. with us is tech columnist and cnbc contributor joa

and he has a buy on the name jon, back to you >> josh lipton, thank you. >>> julia, hate to stick youon this blunt i know this is analysis i'm asking for about you does he survive this especially given gamer gategame the "me too" movement and all of this attention, you know, in this tight labor environment to having a culture that is right, a ceo who is being accused of letting this happen under his nose no matter how intent he sounds on fixing it now? do you think that he can stick this out >> that is the question of the day. and i would have said that it seemed unlikely after reading that "wall street journal" report but i was surprised that the board, activision blizzard board, came out so quickly and definitively in kotick's defense. so i think that there is a chance that he stays i think that was a key moment to watch. so i think the question is what other companies, what other partners could be following playstation's lead and putting pressure on the company to make more changes but don't you think the board is the most important thing >> i would argue that yes. i think the down

josh lipton has moves. >> let's start with alphabet right near its high it hit a week ago that stocknearly 70% so far in 2021. morgan stanley raising its price target to 3,200 on that one. bullish they say on google's innovation-driven ad growth. on the other hand, chinese tech down right now still positive in the past four weeks but all three names down big in 2021 and check out act vision as well slipping right now that stock is down nearly 20% this year. down 25% from its february high. reporting q3 results after the bell back to you all. >> another busy earnings week. thank you for that. >>> back to tesla as you mentioned the stock in the red after ceo elon musk tweeted that the company's $100,000 vehicle deal with hertz has yet to be signed and he hopes that's not why people are buying the stock, but much larger picture here, shares are up 50% in a month after an 8% rally yesterday and this is the company, remember, that just surpassed $1 trillion in market cap one week ago it's already a fifth of the way to 2 trillion just remarkable. joining us now the margins newsletter some

shares were lower into the report, but still up 130% this year let's bring in josh lipton with the storymore of see more asset management, cnbc contributor welcome to both of you josh, nvidia, i have to imagine high expectations for this >> as you mentioned the stock is up about 130% this year. it is about 50% since the company last reported results in august so expectations certainly hot headed into the print. beside the bottom and top investors will have questions about the segment. there's some interesting puts and takes in the quarter and also i'll point out supply is relatively limited of the company's latest and greatest product for gaming how does it impact average selling prices in the quarter? also the data center segment, faster growing, higher margin chips. i caught up with chris rohan for him that's the bogey that he wants to know about. for him the number will be $2.71 billion. if he's right, a jump of about 2 hadn't 47% >> tim, what would you do with the stock? >> i'm reluctant hold on nvidia. i think josh outlined the pressure performance in six months you are up 118%, and

josh lipton has some stocks driving the action >> let's start akamai enjoying a day in the green andbi tda margin ahead ad still 10% off its january highs and same story with t-mobile and also strong results and investors are buying today that stock still about 20% off its july high and firmly in the red for the year and then there is activision more than 30% off its high game off says morgan stanley we were wrong they say about the company's ability to deliver new gains on time despite internal challenges there they downgraded this one to equal weight ea report after the bell today also reporting after the bell qualcomm down year to date and 12% off its january high and talking with matt ramsey, he likes this name. attractively valued matt says and best in breed he argues in wireless technology. back to you all. >> thanks, josh. >>> and turning towards the metaverse. microsoft just unveiling some new tools to immerse workers in the workplace and virtual reality features into teams by next year. powerpoint will be available in the metaverse, as well this is all part of the larger bat

. >>> good a news alert on goog ol let's head to josh lipton. >> kelly, news on google cloud, saying here specifically they say they're experiencing an issue with cloud networking beginning today, they said, our engineering team continues to investigate the issue. it does appear to be impacting some names, snapand spotify among other apps we reached out to google cloud for more clover. color. we will get you that if and when we get that. back to you. >> thank you very much >>> up next, a new report showing one key inflation component is surging, and it is not food or fuel related either. we will reveal it next >>> and if inflation is going to be persistent, how should you hedge? the assets to buy coming up on "the exchange. we also want to show you shares of pfizer as we head to break. the shares higher after the ceo says the company is hoping to submit the covid-19 pill for emergency use authorization as early as today this made it turn slightly positi escoen from the stat summit we are back in a moment. [aflac!] that's a lotta money. ♪ did somebody say money? he said aflac. well if

. >>> we have got a news alert from meta formerly known as facebook josh lipton at the nasdaq with that we have a statement from meta just crossing saying while they believe that the best advertising experiences are permized they say the same time we wanted to better match evolving expectations of how advertisers may reach them on the platform so starting january 19 some change just removing detailed targeting options specifically ban ad targeting for politics and sensitive issues and ban covers race, health and religion saying that the decision to remove the detailed targeting options wasn't easy and they feel confident they say to evolve the ad system to meet the needs of everyone we serve. >> thank you. >>> more than 10 million new brokerage accounts opened in 2020 robinhood had 27% of them. online investing platform tornado with the backing of baseball legend alex rodriguez has a new service. alex rodriguez and tornado ceo bernard george joins for an exclusive interview. welcome, gentlemen it is good to have you. >> thanks for having us. >> good to be here. >> alex, this is part of

. >> the global chip shortage continuing to hit apple hard josh lipton has the story for us. >> apple production of ipods according to a new record from the nikkei tim cook making the move to allocate more components to the iphone 13 with strong demand production down 15%. according to the paper remember on the recent earnings call apple did emphasize it was impacted and apple said would be larger in the current quarter and apple still expected to achieve very solid year over year rev knew growth back to you all. >> thank you so much for that one. do you think this is an issue now fully priced in, barb, and will prove to be only temporary? >> yes and yes i think that it's temporary is of course elongated and could be more than a quarter or two but company managements are seeing the pressures easing in the first half for apple the longer term story is so poweful with the ecosystem and the lending and the margin business but any selloff on a temporary issue is a buy. >> ralph lauren under strong pressure today down 9% despite posting solid earnings this morning and talked to the ceo. he

josh lipton. >> qualcomm reporting q4 results hereby eps of $2.55 that's versus $2.26.enue, $9.32 billion verses expectations of $8.8 billion beats on the bottom and top. q1 guidance also better than expected and $10.8 billion in revenue versus expectations of $9.7 billion. qct, the chip business, $7.73 billion, versus expectations of $7.2 billion licensing in line with expectations looking at the revenue streams here hand sets up 56% rf up 45%. automotive up 44%. iot up 66% back to you, wilf. >> josh, thanks so much for that don't miss, by the way, the ceo of qualcomm, "squawk on the street," tomorrow morning. josh brown, i'll come to you on this one where do you stand within this space? are you pivoting back at all to any of the older names versus the nvidias? >> nvidia is like one of my largest holdings in tech, period have been in the stock almost seven years. it's really the one i have been most focused on. i don't really follow qualcomm closely. it's great company i hope they get it together. stock has been in a down trend since february, in an environment where m