here to deliver today's call seat is kevin of kevin and kelly.playing this one into the new year? >> [ speaking non-english ] melissa. if you like a stock like microsoft does with activision it's got to be based off the fundamentals women saw the most recent earnings with activision was a beat they said their most recent call of duty is the fastest selling of that franchise. if we go back 15 years, if you remember, when jim transferred to the stanford officer in the office, they were playing "call of duty. it's a great franchise that's going to build, and will also come out with another edition next year. you also have net cash on the balance sheet to the tune of $9 that's expected to grow to $13 next year. and also, think about this there's a catalyst in front of us of microsoft potentially purchasing this stock for about $95 a share, and they can do that because there's a weak ftc merger complaint, where the ftc is basically saying, hey, wait, we don't think this merger should go through, because sony, which owns 70% of the hardware market coul

tesla has implied volatility of almost 70, but they were willing to pay the price. >> kevin, thanks kevin kellyr more options action tune in friday, 5:30 eastern. >>> up next, shark tank investor kevin o'leary joins us m nkn-ietold the senate about sabamafrd and the collapsed firm that interview when "fast money" returns. ♪♪ for skin as alive as you are... don't settle for silver. harness the power of 7 moisturizers & 3 vitamins to smooth, heal, and moisturize your dry skin. gold bond. champion your skin. if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee. all it takes is eight minutes to get started. then work with professionals to assist your business with its forms and submit the application. go to getrefunds.com to learn more. >>> welcome back to "fast money. the senate banking committee holding a second day of hearings on the downfall of ftx ftx investor kevin o'leary who lost millions had this to say. >> in my view, my personal opinion, these two behemoths that owned the unregulated marke

kevin kelly. kelly intelligence karen, how are you feeling about lulu >> i am long lulu.pside calls it's been good not a huge position because it's so expensive i think the numbers will be great. they are priced for great, you know they are really priced for great. i love it. but i can't say, oh, it should -- they should get a bigger multiple. they have a rich multiple. >> in this environment guy? how about lieu >> 33 -- yeah, no, a decent run. 33 times next year's numbers you have to see counts above 20%. here is what concerns me a little bit we traded up to the april high, seemingly failed, a short-term double top a lot of analysts have come out bullish in the name recently if you have the, wait for it, temerity, i think you stay long in the name into earnings. >> very good word. >> you know guy is wearing lulu below deck right now. >> i don't want to know. >> i don't know why you know that's a whole other kind of show >> we went to college together. >> that's right. >> all right for more "options action" tune in friday, 5:30 eastern. up next, final trades. thinkorswim®

kevin. why is that? welcome. >> thanks, kelly block stands out to us because it's been able to generate s significant revenuearly in cash app and their square franchise block has been able to produce roughly 126% growth within subscription based revenue over the last couple years. we expect them to be on pace for over 40% growth over the next year and with that revenue growth comes significant operating leverage that i think the market is not appreciating thesis stocks have been under a lot of pressure given fed interest rate increases and other things, but i think that turns around as we move through the next 6 to 12 months. >> should they rename it back to square every time i think block, crypto has collapsed. >> the ticker is sq, so definitely >> true. let's talk about - >> i don't know if jack dorsey is listening to what i'm saying. >> of course let's talk about paypal and the venmo app. kind of a sister story in many cases to what we were discussing but you're neutral there why don't their prospects look brute brighter next year >> they have extremely valuable customers especially within venmo, and i th

the top gop member on the weighs and means committee kevin brady says the release ushers in a "dangerous new era". kelly. kelly: thanks for breaking that down for us, chad. as always have a happy new year, chad. >> you too. kelly: the tight labor market driving them nuts and there's too much openings and not enough qualified candidates and some are relaxing their standards and resorting to hiring those with criminal records. we'll talk exclusively to one company that does background checks for employers and they'll tell us if they're ready to put felons to work. okay, let's check the big board, the dow, okay. we're not too bad. 230 points and we've got just 38 minutes left in trading. the "claman countdown" is coming right back. ♪ best of all, singlecare is free to use. marty it's time to go. i have a story to tell! check the singlecare price today! as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most relia

seal o approval she tweets that earlier this week, kevin mccarthy was fundraising with marjori taylor greene. and she will be on the campaig trail with kellyer this month in fact, if republicans take back the house, she expects to be back on plum committees having been stripped b democrats of her committee assignments. for extremist behavior and offered anti systemati rhetoric but she also expects a lot mor power and influence, or else i think that to be the bes speaker of the, house and to please the base. he, mccarthy, is gonna give me a lot of power and a lot of leeway. she predicted in a flat, unemotional voice. robert draper writes and if he doesn't, they're gonna be very unhappy about it i think that's the best way to read that, i just think that's reality. >> but forget the bright light of the oversight committee's hearing room, as it carries ou baseless investigations, i there anything mor high-profile the for a trump acolyte, then standing outside as his vice president? quote, i would be honored. she told draper. revealing that trump i apparently considering her as running mate in 2024 although also acknowledgin that gop advisers

kelly o'grady on all that. meantime we are still getting word that the deal ain't done yet. the 218 votes that kevinme the next speaker of the house, he does not yet have. aishah hasnie following that drama. it's getting a little thorny here aishah, what's going on. reporter: if not mccarthy then who, that's the question on capitol hill because mccarthy's detract or s still don't have an alternate candidate in place. no official names have been recognized just yet, but the search is in full swing here on the hill, so former house freedom caucus chair andy biggs who by the way described his own failed challenge for speakership as "chaotic" he is the one whose leading that search. he says that there's a growing number of members who think it is time for fresh blood and last week, representative bob good actually told fox there are plenty of interested parties out there. >> have been a number of candidates who come to us privately to let us know they would like to be considered as speaker once this clears. reporter: so the keyword is they come to them privately, not publicly yet. now mccarthy as you me

senator mark kelly was recently asked by "the washington post" if he thinks fellow democrats understand the frustrations many have. he replied, absolutely not, not even close. gop leader kevinccarthy invited president biden to travel with him to the southern border, four democratic senators have written the d the hs chief to express their deep concern about the end of title 42, a law that dates back to world war ii. the border patrol has seen record encounters at the border as you mentioned, david. here's our own peter doocy. >> reporter: we know the president's never been down to the border. the possible next speaker says that he wants him to go with him, so is he going to? >> so, look, he's been there, he's been to the border, and since he took office -- >> reporter: when did he go to the border? >> since he took office, president biden has been taking action to fix our immigration system and secure our border. >> reporter: president biden has never been to the border as president, neither has he been as vice president. the last time he went by the border was a trip to el paso in 2008. as it stands now, title 42 is set to expire on december 21st. david: and thank you for

kevin o'leary testimonying in the sam bankman-fried. he lost his shirt at ftx. meanwhile, ftx founder sam bankman-fried remains in jail in the bahamas after his bid for bail was denied. kellyme. he's charged with fraud. do we know where any of the money is. >> well that's the issue right? as of now we're not able to trace the dollars one-to-one. we're learning that he essentially put everything into a slush fund that he then used as his own piggy bank. so we've been digging into this for weeks talking to source , pulling blockchain ledger records and pouring over court documents so here is what we found. first a lot of value was lost in poor margin trading in crypto in general. of course the industry has gone down, but this is a case of run- away spending funded by customer assets. i've traced both ftx and alameda they've spent billions on venture investments so we're talking a few million that added up on dozens of start-ups. second they also spent heaps on those sponsorships and celebrity endorsement deals. we don't know exactly how much for each but they were reportedly planning to pay taylor swift about $100 million so that does give you a ballpark range of what those

kelly? >> where do crude prices go from here and is the russian energy gap forcing substitution into cold with us is francisco blanch, head of global commodities research at b of a research. and kevin brook managing director at clearview prards it's great to have you both here francis koes i'll start with you are you surprised that crude is back in the red today after what were supposedly going to be some bullish developments here? >> yeah, frankly it's a little surprising the sell-off today but of course -- certainly the oil market remains concerned the fed will tilt the global economy into recession by hiking rates as fast as they have and potentially beyond but remember everything that is cooking in the background is still constructive for oil so we remain positive into 2023. we think lower availability of russian barrels coupled with china reopening and what we continue to believe will be a fed pivot in the first quarter of the year will eventually trigger higher oil prices into the summer and second half of 2023 >> kevin, do you agree with that, that there's still up side for oil prices are you surprised that they've been so tame lately? >> well, you know, down side risk becau

kelly and ryan's very new york christmas. today, a classic holiday song performed by international superstar, josh groban. and some of your favorite celebrities share holiday gratitude, including kevinyou look so adorable. -you look adorable. -thank you. so, kel, i just want to share something.