kristina partsinevelos, thank you very much. all right. on deck is the vaunted american shopper finally starting to slow down some data you have got to see. plus, the shocking stock having its best week in 25 years. and it's not meta markets overall. they're flat to maybe slightly higher. we're back right after this. we're back right after this. >> this is the exchange on (grandpa) i'm the richest guy in the world. (man 1) i have time to give. (man 2) i have people i can count on. (grandma) and a million stories to share. (vo) the key to being rich is knowing what counts. >> we empower. >> those who act. >> those who. see the. >> correlation between. >> predictability and probability, those who manage risk by anticipating each movement. flawless execution, timing and accuracy. identify the goal. match power with precision. reach new heights. cme group where risk meets opportunity. get invested. join the club. >> the value you're going to get from making better investments more than outweighs whatever. >> the cost. >> of the membership is.

kristina partsinevelos. let's bring in our panel now, courtney garcia of payne capital management, sandra cho of point wolf capital management, it's great to have you both with us. courtney is a cnbc contributor. but sandra, i want to begin with you, because what stands out to me today from your notes is the fact that you say be underweight tech, which not too many people have come on of late and said that's the positioning that will work best. why is that your view? >> well. >> i mean you see it right now, right? you see the volatility. and right now we are you know, we're not negative tech by any means, but big tech. and i think i should specify that. so big tech. >> has had a huge. >> run up. and as we see you know in google and alphabet and uber we see a lot of, you know, potential volatility and headwinds a little bit, at least for the short term. so right now that's our positioning. >> yeah. court does that match with with you or. no. >> yeah. and i. >> do agree with that. >> i mean really. >> we've be

kristina partsinevelos guy. >> it's not it's not expensive. you know the margins are improving. guide was very good. i mean now you have a stock that all of a sudden it's like what ibm is doing the stealth rally in these old technology. and oracle throw that in the mix as well that nobody's paying any attention to i think and i don't know if our crack staff and ec can do this. but you go back. >> to 99. >> and we're probably approaching levels that we last saw 25 or so years ago. so good for cisco. >> yeah, i think, you know, that that point that we've been making around the table that people are moving. away from mac seven names because they're just too volatile off of every headline. so what's the second derivative play? it's a company like a cisco who now is actually making. some revenue on ai infrastructure. so they're a habitual beater of eps. do you know they. beat for the last ten years on eps? these are the fun facts that you always find out after, because i would have bet on that. then there's got to be a mgm odds on something like that. old tech is now new tech, safer

glenn karcher two kristina partsinevelos. now for a look at the biggest names moving into this close. hi there. >> hi. well, let's. >> start. >> with cbs on pace. >> for its best day. >> in over 25 years. the year. >> that fight. >> club movie came out, as well as american pie. >> cbs sees. >> meaningful recovery in. >> its aetna. >> business, which. >> provides health insurance plans. the new cbs ceo david joyner, also defending pharmacy benefit. managers at the start of the earnings call. and this came as president trump. >> recently called for. >> further scrutiny into those pbms. like the firms caremark. >> unit. >> you can see shares up almost 16% right now and promising growth in biogen's. breakthrough alzheimer's drug treatment. not enough to lift the stock, though the pharma giant warning of revenue declines as sales of its multiple sclerosis products continue to struggle in a competitive market. biogen down almost 5%. >> scott. >> all right, cristina, thank you. back to you in a little bit. kristina. partsinevelos. w

up next we track the biggest movers into this close and kristina partsinevelos is standing by once again kristina. >> hi. well coming up, we have. a weight loss drug. ad that sparked controversy at the super. >> bowl with two. >> senators weighing in as. >> the company's stock is still soaring right now. >> plus. could a single social media photo signal. >> a crypto comeback. for a major. gaming retailer? we discuss. >> after this break. >> the bond report is brought to you by pimco, a global leader in active fixed income. >> is this how you're hoping to retire? well, hope isn't a good retirement strategy. you've worked for a comfortable retirement for years now. you need to plan for retirement income. learn ways to avoid. common mistakes. >> like being. >> too conservative. >> or not. >> setting retirement goals. >> have someone. >> on your side to keep you on track. call for fishers comfortable retirement. >> kit with the help. >> you need to make your retirement a success, including the investor's guide to a comfortable retirement. 13 retirement blunders to avoid and maximize your soc

let's get back to kristina partsinevelos for a look at the key stocks to watch. of estee lauder because they're falling after their earnings report. they're seeing weakness in asia travel as well as retail really continuing to weigh on their results. quote significantly pressuring the firm's net organic sales, which fell 6% year over year. the firm expecting sales to actually fall 10 to 12% in the upcoming quarter and plans to cut 7000 jobs in a wider cost saving effort. shares down 16% on all of that news. shares of merck hitting a new 52 week low as the firm says it plans to halt shipments of its hpv vaccine into china until at least mid 2025. it really needs to offset higher than normal inventory levels. demand, specifically, is plunging in china, with sales for the vaccine gardasil falling 17% year over year. shares are down 9%. sarah. >> yeah. drag dragging on the dow. thank you christina. also watching shares of paypal getting slammed down 13% mackenzie sigalos is here with what's behind that move. mackenzie. >> hey, sarah. so paypal shares down nearly 13%

kristina partsinevelos is standing by with that. tell us what you see. >> well, tech titan signs $1 billion server deal to power the future of ai. plus, a major web hosting company. stock tumbles as ai investments fail to deliver results, and the super bowl betting frenzy breaks records, sending gambling stocks soaring. these stories, and much more when we return. >> the bond report is brought to when i started walton goggins goggle glasses, i had no idea what i was doing. but godaddy airo does. using ai to build a logo, website and social content. so i can let the world know, if your goggles ain't goggins, they don't belong on your noggins! i had the worst dream last night. you were in a car crash and the kids and i were on our own. that's awful, hon. my brother was saying he got life insurance from ethos. and he got $2 million in coverage, all online. life insurance made easy. check your price today at ethos.com. of. >> america's favorite tech companies. >> my name is mark chaikin. >> i built three new indices. >> for the nasdaq.

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and kristina partsinevelos looks ahead to nxpi earnings out in overtime today.arch is warren pies downgrading equities. he will explain why in just a moment. but first bell autos pretty much right in the crosshairs. >> here they are. and we're not going to talk about mexico because that's at least delayed for a month. let's talk about canada while we wait to see whether or not the tariffs actually go into effect after midnight. canada is where the united states, if you look at all the vehicles sold in this country last year, more than 1.1 million of them came from assembly plants in canada. that's roughly 7.1% of the vehicles sold in this country last year. and don't forget about the parts and components. more than 12% of the parts that go into vehicles built in the u.s. were actually manufactured in canada. so if there are tariffs that are put in place, those parts and components would face those tariffs. not surprisingly, the auto stocks under pressure for most of the day, they did get a little bit of relief after the mexico news came out. but they're all down

let's get to kristina partsinevelos for more on that. hi, kristina. hi.l, this is a potential landmark deal for u.s. semiconductor manufacturing. taiwan's tsmc is considering taking control of intel's factories. this is according to a bloomberg report, the trump administration we know we've been talking about this has been in talks recently with tsmc with the aim to increase american chip production here on american soil and maintain tech leadership in the country. these early stage talks could could see tsmc operating intel's us plants with potential backing from american chip designers and government support, so that all of the ownership would not go to a foreign entity. the move comes as intel faces financial challenges, have recently replaced its ceo amid struggles with its expansion plans. intel. you can see the shares still in the red down 2.5%. they gave back some of their losses earlier. tsmc, on the other hand, did jump once that news came out separately. completely different story. elon musk's ai firm, xai, is seeking to raise $10 billion at a $

kristina partsinevelos. please explain. >> well. >> apple's influence is really just creating a ripple effect right now across multiple. >> chip companies. >> and i say that because. >> skyworks. >> for example, that you talked about. >> supplies, components for consumer electronics. >> and is facing significant headwinds. >> and that's as apple. >> plans to reduce its component orders by 20 to 25%. >> so there's a relationship there. >> industry analysts. >> believe broadcom will. likely capture that lost iphone. >> 17 business. the apple impact. >> extends also. >> to qualcomm. >> another connection despite positive momentum. >> from samsung partnerships. >> and strong premium tier demand. >> that's what. samsung said. >> they had in china. >> or i should. >> say. >> qualcomm said they had. >> in china, qualcomm's. >> earnings suffered from. royalty challenges. huawei's refusal to. >> renew its. >> contract hit. >> particularly hard, as royalties. typically carry higher profit margins. that's why investors

kristina partsinevelos is here to explain this afternoon. >> it's a business. >> update, not to be confusedual earnings report. >> and i say business update because of all the drama that's happened with this company. >> they they. >> have delayed their quarterly results. they have delayed their annual report fiscal year ending in 2020 for the summer. >> and so. >> what we're expecting today is maybe a. range for earnings. per share, a. >> range for revenue. >> and i say that because. >> even in november. >> when they provided a business update, it was a. >> range that wasn't even audited. and so what you're seeing on your screen is just what the. >> drama, the. >> saga that happened with. >> supermicro. >> they had an. activist investor go. >> after them. >> the doj. >> looked into them, then. >> they. lost their auditor ey. and then they. >> did lose the auditor. >> the auditors stepped down. >> but the auditor quit. ernst and young left the firm. when an auditor quits a client like, what does that say? it's something to pay attention. >> and the. >> auditor said, and i. >> quote, unwillin

that's cameron dawson and tom lee to kristina partsinevelos. now for the biggest names moving into this close christina. >> well, citi analysts are downgrading. nike shares to neutral and slashing their price target to $72 after meeting with nike ceo. they say core products like air jordan ones. >> are still. >> struggling, and there aren't enough. >> new. >> products to actually. >> fill in. >> the gap. they're expecting this. turnaround for the company to be pushed out to 2027 at the earliest, which, according to them, is too long. >> to wait. >> at these valuations. that's why shares are down 3.5%, expedia shares hitting an all time high. >> today after posting strong. >> bookings during the. holiday quarter and reinstating its dividend. hsbc and bank of america say this name is a buy, and the stock is up 17% right now. airbnb shares are also up in sympathy, almost up 2%. scott. >> all right, christina, thanks back to you in a bit. we're just getting started here. up next, the former federal reserve vice chair richard clarida, is standing by

kristina partsinevelos.archers uncovering deep, hidden connections to a chinese state owned telco that's banned from doing business in the u.s. we have the new details and the risks to american users next. >> opportunities can. >> be hard to find. >> like catching lightning in a. >> bottle. >> in uncertain times, it's tempting to retreat or. >> simply wait and see. >> at cme. >> group, we. >> empower those. >> who act. >> we deliver. tools to help manage. risk and capture opportunities in every market climate, across every major asset class. to seize each possibility at precisely the right moment. cme group opportunity is everywhere. >> home. the place where you create those special moments. we celebrate the home and the way you live in it. at three de blinds, we help you create that special place. and because we know you're busy, we bring the showroom to you at your convenience and provide a design expert to help you find the perfect solution that fits your style and budget. three de blinds. you'll love the

kristina partsinevelos has the details. christina.ersing upstairs. >> you can't hear it. >> but this is a. texas based cybersecurity firm. >> like you mentioned. they announce pricing at. >> 23 bucks per. >> share on ticker sale. >> for its upsized offering of 60 million shares, well above its initial range. the deal includes 57.5 million shares from sailpoint, itself. >> another two and a half from existing stockholders. >> marking really. >> a significant. >> return to the public markets. >> even though prices are a little bit below 23 bucks right now, i use the. word return because this company is no stranger to. >> public markets. >> it first. >> went public in 2017, three. >> years after. >> its initial acquisition. >> by thoma. >> bravo, before. >> being taken private again. >> in 2022. >> through a $6.9. >> billion. >> deal by the same private. >> equity firm. >> while this. current ipo implies a massive paper gain of more than. >> $4 billion. >> for bravo. >> compared. to their. 2022 purchase price of 6.9 billion. >> investors

kristina partsinevelos has been tracking the action. joins us with more on the chips. i, mike. well, arm. >> finds. itself really. >> in an interesting crossroad. >> right now. the company is known for creating the blueprints. >> that others. >> use to build computer. >> chips, particularly. >> cpus, central processing units, which are. really the brains of computing devices. recently. >> there's been. >> some buzz. about a month ago, that arm was potentially buying. >> ampere, which. >> is another. cpu designer, which would let. >> arm start. making actual. >> chips instead. >> of just selling. >> the designs on paper. this move pretty much makes sense, right? because arm already. has the intellectual. >> property. >> so. >> why not. >> build the chips themselves? >> but there are. >> some major hurdles. >> and challenges to consider. >> first. >> there's the money question, as wedbush analyst matt bryson points out. even with. the exciting. possibilities ai brings, the market might not be big enough to justify. >> arm's current valuation. which is quite higher compare

kristina partsinevelos is here. and the street reaction. christina. >> there was also a growth that was pretty muted for the first half of 2025, and why oppenheimer says the second half of this year will really be under scrutiny. and amd is, quote, now clearly a show me story. bernstein, jp morgan rosenblatt all examples of companies that at least drop their price targets by 25 bucks. hsbc betting shares are going to fall to $110. wedbush argues the data center gpu missed, david, that you mentioned already in q4 was not really in the cards, which is why you're seeing the stock sell off a lot more today, 10% while morgan stanley quote says the sense is that the mi 350 helps modestly. so that's amd's ai gpu. but the real potential inflection point is likely. the mi 400 in mid 2026. in other words, a ways away, investors were pretty negative going into this earnings report, with shares down over 38% just over the last year, underperforming the stock's chip etf, which is a great barometer that's up 8% during the same ti