. >> oh, look, karen finerman has joined the situation are you here, karen? >> no, i don't think i am. >> we tried. we tried but i was saying grasso, it's also cpi we're expecting next week and looking forward to and ppi. >> are we going to karen is she there >> does she know we can hear her and see her? >> this is one data point to bonawyn's point -- there are going to be others that are going to fuel the necessity for the fact to raise, and the truth is we all know it. it's so telegraphed. the fed is always late to act and late to stop acting. you know who needs it the most the fed, yet yet they continue to do it, so i would expect nothing other than the same we've seen from the fed. >> respite from the climb we've seen, tim. >> you can make an argument that that two-year needed to close above that 506 level yesterday, and it didn't. i think we're range bound. the curve's flattened out. the old curve watchers have a little am nation for their story. again, it was a week where the economic data for the most part was friendly, friendly for at least a world wh

on the desk tonight, tim seymour, karen finerman, dan nathan, and guy adami. alphabet and microsoft kick off tomorrow with meta and intel following suit apple and amazon on the docket next week. the stocks led by monster gains in meta in the first half are flat or even down so far in the month of july. and their far lagging the broader market this month. so, will the report reignite for big tech or could we see more rotation out of those names? we saw it even today, financials were the big gainers in today's numbers. >> we have to welcome tim back sailing. >> takes me away >> it's actually an encouraging sign there's some rotation i'm not pretending i'm bullish, i'm not, but the fact that the rally is broadening out is a good sign. these high growth, high valuation names should pull back energy's been incredible under the radar. so, i think this is a good sign. however, valuations in a lot of these names, you mentioned my have to soft, suggest they better knock the cover off the ball and say a.i. about 75 times for them to continue this rally, because for micr

on the desk tonight, julie beal, guy adami, karen finerman, and here on set, to lonely folks, courtney how are you? >> got to hold the fort down. >> we start with the dow's best run in six years it may have come down to the wire the gain was small, but the blue chip index did eke out a small -- and we do mean small -- gain the dow up ten sessions in a row for its longest winning streak since august of 2017 for the other major averages, a bit of a mixed day this on a day where there was a sizable volume of index and stock options expiring even with today's anemic performance the dow did jump more than 2% this week, and the market now turns to the busiest week of earnings season and a key fed decision on wednesday. guy adami, how important is next week for this little -- >> tyler, did you write that open did you write that open? that's why you're on the mount rush more of cnbc. just genius. >> we're nailing them! g giving them the "a" game today. >> of course you are i think it's really important. i think the fed is going to move 25 that's national security market. but it's the hawkish c

on the desk tonight, tim se seymour, karen finerman, guy adami, and katie stockton. we start off with the prime day palooza. it's currently under way prices may be down for shoppers, but shares are up for amazon investors. etsy, nordstrom, gap, kohl's, eco chewy all up what's interesting is that prices have gone up. >> as long as nothing breaks, and when i say breaks, it's typically the stock market, consumers will spend it's not to suggest everybody own stocks, but the market goes up every day, people feel better about things, i can go out there and spend regardless of whether or not i should be never underestimate the u.s. consumer's want to spend we talk about tjmaxx, i think karen brings it up, that stock's made an all-time high late last week, earlier this week. continues to trade higher. the flip side of the coin is -- >> target. >> retailers that can't figure it out so, you have to -- you can't just sort of paint with a broad brush here you have to pick the right companies. >> is amazon the right kind of retailer for this day and age, karen? >> well, we -- we

we have karen finerman, guy adami and carter worth of worth charting we talk about the ai tried shares of taiwan semi falling more than 5% today the world's largest chip maker reporting its first profit drop in four years. swan semi putting pressure on, the index dropping 2%. kristina partsinevelos is here with the semis slump >> let's talk what the message is the ai hype can only go so far that's exactly what management paraphrasing said really early tonight because ai only contributes 6% of total tsmc revenue. yes, that 6% should grow to double-digits in five years, but it's is not growing fast enough to offsee the weakness we're seeing in smart phones as well as pcs, which is a much bigger percentage of industry revenue they fell 5% but brought down the sector like the smh, a good barometer. other equipment names you're seeing on the screen got hit hard because tsmc reiterated its capital expenditure spend at the low end of the range tsmc also plans to low down production of its arizona hub due to lack of skilled workers here in the u.s., highlighting another issue for equipment mak

is this a rebound for real or a fresh coat of paint on an old ja jalopy karen finerman, dan nathan, and guy adami. we start with netflix shares under pressure the streaming service missing new estimates, giving sales guidance for q3 that was lower than expected. julia boorstin is here with all the details. julia? >> netflix shares down over 4% in after-hours trading the revenue miss comes despite it adding about triple the number of two subscribers as expected, about six million. the company also guiding to higher than expected subscriber additions in the same range going forward, mainly thanks to the roll-out of page sharing all this comes despite the trend of lower than expected revenue per user, which is on track to continue the company does seem bullish on new initiatives, writing, quote, we expect that our revenue growth will accelerate more substantially in q4 '23 as we further monetize account sharing between households and steadily grow our revenue they say they are confident that over time they can develop a multibillion incremental revenue stream from ads. now the strike was o