bonawyn, what do you think of lilly? no argument in terms of the valuation it is expensive. but when you start to drill down into the numbers, if you look at $25 billion, you look at 20% net margins and shares outstanding and that gets you about $5 a share before slapping the multiple on there. and if you look at penetration that they would need in order to achieve these numbers, they're predicating their guidance on a 1% to 5% penetration in terms of obesity cases. so while it is aggressive from a valuation standpoint, the underlying assumptions are making a compelling case. >> coming up, getting blocks shares sinking as analysts lose interest in the move as options traders piling in. we have the details next. >>> and throughout hispanic heritage month we're celebrating our contributors here is the ceo of project verity. >> it is very important to be proud of my heritage and proud of who i am. we are uniquely strong and we need to be proud of that and show case our strengths. in the workplace and at home from my own upb

gottlieb also talked about lilly. think that lilly's is better chief spokesman for the american brain foundation and for the american migraine foundation, and we believe that these do effectively roll back plaque and that -- >> alleloids >> and lilly does it better but just rolling back plaque is not enough >> we still don't understand the connection, necessarily, between the ameloids and the progression of the disease the scientists seem to believe they're connected and therefore, if you can prevent the accretion of amaloids, you can stop or slow the progress. >> do you think that the cms, the government will pay for this >> for viewers who perhaps are having deja vu here, there's a drug on the market from these two companies that was met initially with great hope and then not because the data didn't support it and then surprisingly, to go back, remember, the fda did approve it, only to find that the government would not actually pay for it and they basically stopped marketing. that was the last therapy these two com

we have been steadfast with eli lilly.th them. >> eli lilly just had an upgrade recently? the alzheimer drug was not even priced into that upgrade. yet here we are. we have this call option. >> i was surprised how much it was off. at one point, it was 10%. i like eli lilly. for me it is driven by -- and thinking weight loss drugs. >> right. >> courtney? >> what is interesting about this too is right now we are getting really good data coming out. the second piece of it is, it needs to go through medicare. we've seen it before where there have been promising drugs and it doesn't get through the medicare reimbursement program. medicare covers like 64 million people and most people with alzheimer's are on medicare. that's why these drugs need to get through the medicare reimbursement program. that is the second piece of the story. >>> coming up, target takes off. the retail giant jumping after some announcements of early holiday deals. is this one a bull's-eye bet? how they are playing this jump, when fast money returns. >> g

one thing we just talked about going into the break was eli lilly. here's the sad part.n covid hit, we locked down -- half the country locked down we literally told people, do not go outside that's exactly the wrong thing to do. and millions of -- tens of millions of americans gained a significant amount of weight eli lilly has some promising new drugs to tackle what is no doubt a crisis, an obesity crisis. one reason you like that stock >> it's a big reason we like that stock we're talking this morning about their alzheimer's drug, but i think the obesity drug is even bigger this is a drug that's coming on the back of a couple of drugs that have come out, but their drug monjora is basically promising to top even the best results that have come out in terms of clinical trials it's been approved for diabetes and is on the docket to be approved for obesity and the drug is not only effective, but it also reverses, you know, things like diabetes it reduces heart risk and all sorts of other things that are eventually expensive down the road this is a big market for them. this

and give lilly and the team time to reflect or do we want to act? >> chair and staff, i assume we have time if we wanted doodle arnold. i'm sure you reached the ends of your budget and not a huge amount effort that can be done may be doodling might be wise. i can offer just in my 15 minutes on this topic there is a word over used in our industry in the 19th century this is noz used these days those are words like union and unite. referencing the union stations of the 19th century. and i will just put out there potential tag line that would be uniting the bay connecting california. to simplify our message. and -- would want to think about way in which the project name could reference hint at future phases. i was thinking about south portal but this gets confusing with other san francisco place names. yea, yea we -- we have been through these before. i'm sure you have. those are my thoughts. thank you. >> thank you director tumlin. adam and lilly, we continue this item let's say october and november to give the time to kinds of reflect and gift board

eastern time. >>> shares of eli lilly popping today after ubs upgraded its rating from buy to hold andrget to $363 from $335. the rating change comes after a key weight loss drug showed promise in a recent study and could become the biggest drug ever joining us now, ubs analyst colin bristo colin, thanks for joining us obviously there's been excitement certainly around this drug it's seemingly been in the market to some degree. what is your call based on in terms of where that can go revenue-wise and why do you think the market hasn't already figured it out >> i think a couple things to point out here right? so the drug launched for diabetes in may. to date the most successful launch in diabetes ever. we had, accidentally data after that, where this out-sized opportunity comes from and the drug showed best in class ever from a therapeutic in diabetes, and it's a headline data point the drug led to a 21% meme reduction in body weight, which, to put this in context with bariatric surgery in the ballpark of 25%. so really this is a new paradigm of treatment, or could be, in obesity, and r

eli lilly -- the new all-time is drug. lauren: up 7% because the drug is reigniting hope that by targeting a particular protein, that is effective in slowing the progression of alzheimer's and brain disease and eli lilly, they hope this is a breakthrough and they will lift all those, all companies that have traded. stuart: it was up 40%, extraordinary move. lauren: they are up 3.4%, laying off 9% of their workforce, part of a major restructuring plan. a one flight attendants at united picketed over a dozen airports yesterday. the issue? lauren: 14 airports, blaming management for operational disruptions that happen over and over again and they mess up not only flight attendant schedules but then they deal with passengers who are annoyed and it is not things that you can't budget for but they cited a recent example that united failed to inspect as they were supposed to the boeing jets and had to cancel flights. just forgot. didn't do it and they say stuff like that for management is not acceptable. stuart: of lesser importa

they asked lilly t. my fortunate av either for d one i mean for us to proceed to v songs could swing as it all to as not the yellow tongue does not doubt who will make a god. m. c. o. repetitive and vocal scarcely some sort of shown as a a bullet. it was also eat ot you all although no t o because she had good. so office k, i d priestly, i could understand men's fun peninsula line. excuse he put in more so fioma woman digure elliptical. yeah. admin. it could have all because it all thought it all, it did a no strive for in spondee, el paso, the exit, that didn't have added medical loss. godaddy. godaddy may do an interview with things on the recent was consistent engine. wow. ah, sing of a hailey humming most of all in store hollywood and follow it all by it. it will have george fall familiar, bond or boxed. you won't have vector javon storage be as shown now, puts jose at yo frito groups with her talk of nerve sylvia blanca much authority to see if there's any flicking sugar. it was pretty good to go wi

ponies, colonies were established in virginia, co, 30 to deviate from awarded by late, his sister lillie, premier donna did not sit but such a president of missy leon. yeah, well, you know, they should teach the, willing to the toys, his position a glove nits on this to you later as you media by at the mazda. she's emily can yes, the nice bustle. so we're, we're our oceans and not shiny musical, a yeast in me. yes. ah need to come to the russian state will never be a 55 with we will van in the european union, the kremlin media machine, the state on russia for date and c r t spoke neck given our video agency, roughly all band on you to a with me ah, watch and it was a shadow shorter one. and i'm not trying to stay like a finance national z. lesher shyly yours is when you buy, when you sit down with ah, india is north america. dean b. we are an independent country with the largest population, so we would make decisions based on our historical and strategic dies with other countries. and based on all national interest, artist, treachery, security, interest, and in that guarantee of the stew

they bet a lot on alzheimer's and also eli lilly.s important so even if the trial doesn't go well they have enough things going on like obesity drug they have that could boost the stock in the future. jack: three pics from the story that caught your eye? jack: lily is favorably mentioned and three more in an active extreme generosity. boston scientific make medical equipment, pacemakers, spinal cords, scopes, patients pool of electric procedures during the pandemic and going back including for routine tests, turned 50 a couple weeks ago. i understand become more fill you with the scopes from the portfolio soon. growth is strong, united health one of our panelists because that one of the best positioned healthcare services companies in the world, that and technology going down and it cells and finally this hugely profitable drug called humira which will face competition next year. it is 12 times next year's earnings but there are other drugs and growth will pick up after that. jack: thank you for that, we couldn't leave the segment wi

just know this before we look at the charts of the eox, only two stocks were up this week, pepsi and lilly. of the 98 others the one that was down the least, apple. on a trailing 12-month basis there's only 20 up on a trailing 12-month basis and they're all utilities, staple, health care, and energy but there's one that isn't, apple. it has dropped 15% hunch so to play it as a safety trade if one is looking to play anything look at a chart or two the first is apple itself. it is range bound. that's the definition of benign to my eye. let's look at relative charts. the next is just that, a ratio apple divided by the s&p and what the line reveals is how apple is performing relative to the spx. put a line on that it's a perfect trend line. let's put another line on that look at the top. it just broke out. that's the definition of a pendant. final chart is longer term i think apple is telling us that it's a place to be if one wants to be anywhere i respect the other side of the argument we heard it early they are this is the last one to go. apple is just not extended, and i'd rather be there t

if the law some children read poetry, learn. lilly scala, sloane, the treasure label. i'm over here, and i was to the last minute, shall i guess, guess me said lacresha. let's go click a bully with h a sign wash, hello. cough me to the frontier mileage trying a little more difficult is a still s me on dope. i mean to buy your wi fi. she has school on daniella. how crane's kid. well, how are we gonna city school number 7 was bought by ukrainian, neo nazis in 2014 was among the 7 victims was a child, whole marsh clarksville, a new new different national water decker. but after about by wednesday stream, serious political school decided to get a gift arguably, you might get, you move ah ah, a with ah good, there really still is not going to school yet. summer is 0. it would these i believe that freaky regular storage facility is gonna go out or stay on. yeah. if i choose the way the way in the budget like the what now shall we are i tim craig. right. yeah. yeah. got you so like yeah. which elk briefly but the boat said, but i need you to know which loser would move from w

his sister lillie premium. did not cig what's it? what's in the, from the she lean. yeah. well, you know, they should teach the willing to do, thought he is his physician, a glove that send this to you blades his media by at the more us die. she's emily danielle. the nice bustle store were, cookbook, our oceans, and not shiny musical, a yeast in the email. ah, ah, ah ah, ah, for ah, india is not a magic cause dean b, we had an independent country with the largest population. so we would make decisions based on our historical and start dies with other countries and based on, on national interest, auto structures, security interest. and in that guarantee on the steward of russia, who has helped india and so strategic programs and has been a libel plot that how can you know, india look the other way around and maybe with streaming opportunistic. mm. ah, a football. talking about the school as well, but i see a with to go out because i love us. we are with somebody over there. but with a lot of video, you look out of new up coils up i just was looking at is the value of the 2

know this before we look at the charts of the oex omtwo stocks are up this week, pepsi and lilly. there's only about 25 stocks on the oex up, and they are utilities, staples, health care, energy but there's one that isn't here, it's apple look at a charter, too, the first is apple itself, it's very range bound. let's look at ratio charts, the next is just that. it's apple divided by the s&p, and what the line reveals is how apple is performing relative to the xpx. let's put a line on that, it's the perfect trend line literally to the penny it has bounced. let's put another line on that look at the top. it just broke out the definition it's not extended, final chart is a little bit longer term. i think apple is telling us that it's the place to be if one wants to be anywhere now, i respect the other side of the argument and we heard it earlier this is the last one to go apple is just not extended, and i'd rather be there than a lot of other things. >> mike, what's your take and what's the trade >> yeah, so the first thing i would say i mean you already heard me say i think there's

hundreds gathered today for the funeral of 60-year-old lillie hsu. surveillance video from last month shows a white car driving up to her in the cities neighborhood before she was then shot and killed. so far far there have been no arrests. > >> one way to beat the heat this this holiday weekend, just get out of town. oakland international is expecting a quarter of 1 million travelers to pass through between now and tuesday. with tomorrow and monday being the busiest days. that would bring the airport back to nearly pre-pandemic levels. 92% of the traffic from 2019. across the bay sfo is expecting half 1 million passengers between now and monday, that would nearly be 80% 80% of what it saw through labor labor day weekend back in 2019. for people staying here, cities across the bay area are already opening up cooling centers to help folks cope with the heat, many are located at rec centers and libraries, this one in san jose will be open until 10:00 p.m. aside from water, the roosevelt community center is also providing snacks and games. games. other

that brings me to eli lilly. talking about this may be the biggest drug of all time, a drug that's a weight loss drug with no side effects and that is propelling a lot of the analysts to say, this is the one toown. my trust owns it i believe this is the stock you can buy. it's down, you have to find something in tech to buy, as tough as it is. >> you're right about lilly, ubs buys, 363. pretty interesting tonight you have slack and splunk >> slack is owns by salesforce but it's such an important driver of their business, i have to speak to stewart. and gary steele is turning around splunk. people are saying, i don't care what the fed does, we have to find out it is a free-falling market. when it's nine to one, find something to buy that's what i'm going to do as soon as i leave the desk. >> jim, we have a lot of work to do today before the week is out. vix back above 28. the sentiment, as you said, lousy, as we expected, going into the back half of september. we'll see you tonight on "mad money," 6:00 p.m. easter

and by the next day, every other company, like cummins, and eli lilly in indiana, and hundreds of othernies, even companies all over the world said, "we agree with marc. we're also going to disinvest." and mike pence called me and said, "well, what are we going to do?" and i'm like, "i think we're going to have to issue rolling economic sanctions against the state of indiana." [laughter] and he's like, "well, what does that mean?" i'm like, "i don't know, but i think it's gonna be bad." and he's like, "well, what should we do?" i'm like, "why don't we just resolve this? you know, we know each other. this is not that hard." and, in fact, i sent two of my employees to his office. and within a coue days, it was worked out. he changed the law, and it was all behind us. and by the way, i think that's how it should work anyway. you know, it was very easy. [applause] david: now, you did a similar thing not long ago when, in san francisco, there was a tax that was proposed to help pay for homelessness, which is a big problem in san francisco. most ceos in the tech world said, this was crazy. "w

mom came shortly after uber driver patrick fung was murdered not far from the neighborhood dentist lilly sue was also gunned down blocttle saigon. tor comfort and the reason roxana does not want her mom's story to be forgotten like they don't know. that this is our lives we're talking about, i would say is more than hell. it's a living nightmare, overwhelmed by medical bills and her own back pain that was exacerbated from the stress of caring for her family. roxana has set up a go fund me she isn't sure what the answer is, but feel stuck and makes this plea for change. all grew up there. we all lived there and my mom doesn't want to leave. this is all she knows. she loves oakland. she still loves it. worse she still does, you know, despite being robbed so many times, despite her almost losing her life. she still wants to be here. she still wants to be a part of oakland. we just want her to get better. in oakland. dion lim, abc seven news fake attorney accusation with the city plans to do to stop a potential scammer targeting undocumented immigrants will explain abc seven news at five con

then you have merck, lilly, those charts look good so take a chart like merck, it looks far healthier like it's rolling over even with the outperformance, it's still below the ten-year average. just from a fundamental perspective, really solid drug pipeline again, back to sort of profitability margins, cash position, these are the things you want in this market. >> finally, jeff, shares are still down 16% in 2022 you say this name is still a buy? >> yeah, i think it is it's one of these things where health care overall, it's sort of a tough market, good charts i think you have a lot of good charts in health care, but then i think danaher is one of those names. still 20% off its highs. and that's holding the recent uptrend. just for those that don't know, these guys make drug equipment, so for disease testing, vaccine development, a lot of things are tied to biotech and r&d spending, but it's a lot less risky. i think because of things like gene therapy, there is big tailwinds for companies like danaher. consumables are at higher margin i think the key is really great management that h

. >>> well, mike, netflix is up 9.5%, the second-best performing in the triple qs, and eli lilly, alsonovation -- >> so a combination of the tough that's been beaten down the most some of the largest blue-chippy stocks like an amazon perhaps it's much more about apple is considered to be the safe haven, those things kind of back off and crack a bit. that to me is the main dynamic going on right now about two minutes to go in the trading day. still holding on to a 600-point rally. what do you see? >> very strong 9 to 1, almost 10 to 1 slants advancing to declining volume. that's obviously very strong, something like 90% that's what you look for take a look at year to date the ten-year treasury yield. you'll see three pretty well-defined spikes, up to a high and then down the first one was in may, second in june, it rants about 3.5. this latest one, ran about 4%, all dramatic spikes down it did usher in a more stable equity market, once it got the bids that they were going to stick. we'll see if that repeats. the good news is went up to the mid 30s, where it has peaked out over the last

another winner for you, eli lilly, the fti has approved one of its cancer drugs at ubs upgrades them to a buy, up 3. 5%. %. it has a new weight loss drug that is considered very effective and ubs says it could be the biggest drug ever for the company. ashley: wow. i want to get into this. retailers getting a head start preparing for the holiday season. what are they doing? lauren: my kids already started their lists. you know what? i am fine with it because things are expected. what retailers are doing is making it as convenient and as cheap as possible to shop this year. walmart is now offering curbside returns, stay in your car and return your item. if you are a walmart plus member you can call a delivery person to come to your doorstep, hand them the item, don't need a box, label, nothing. amazon is rumored to have another prime day perhaps in october 2nd juice sales. inventories are surging, lululemon inventories up 85% from last year, look at these numbers, footlocker, kohl's, gap, no merchant wants that stock in the new year so they will cut the prices and they also know that w

the new one is competent, but the other ones are lilly. he has parking lot lawyers.idavits that there was no more documents. so her client lied. she will now have to potentially testify against him in order to protect herself. how does he get lawyers? i don't know if he can find competent lawyers in this case. i know he has this one, but after a short while, i don't care how much money that they are paying him, you end up walking away because he is impossible. he will dictate to this lawyer who is as i said very competent, he will dictate how it wants to go and every day is a fight. it is exhausting. >> and it is not just the legal threats, it is also the public conversation put in motion by the select committee's public hearings. since their last hearing,trump has publicly aligned himself with qanon. and we now no he that doj is investigating and that doj has at least commenced a criminal investigation into january 6 and all the people around trump. what do you make of where we are as a country, as the january 6 committee gets ready to resume public hearings next we

when all the lilly white folks on martha's vineyard sit back and say no, are no, are no.e don't want any illegal immigrants here. send them to south texas. they can deal with it. that is grotesque. it's offensive. and even to this day, joe biden doesn't give a damn. >> jesse: i haven't seen you this fired up, senator, in a very, very long time. this must be really getting to you. >> you know, listen, i have been down to the border over and over and over again. when i talk about the kids who have been assaulted. i have seen those children. i have seen them in the joe biden cages. i have seen little girls suffering from gang rapes. i have seen picture after picture after picture of dead bodies on texas farms and ranches. and to see the utter contempt democrats have. listen, why is it that martha's vineyard matters so much? because it shows the complete and total hypocrisy of the left. aoc tweeted out shout out to the people of martha's vineyard for demonstrating american values. well, you any what? i actually ironically agree. they deported them within 24 hours. they remove

. >> reporter: lilly started the nonprofit street racing kills after her 16-year-old daughter was killedentors street raceers who have been punished by the court. >> your whole life and dreams has gone away for 40 years. you are going to have the other party telling you that is what you took away from us. >> reporter: her message not heard nearly enough lost in a haze of burning rubber and engines. >> a great story by our stephanie elam there. >>> it's too soon to know when nasa will make another attempt to launch its new "artemis 1" rocket. engineers discovered a serious hydrogen leak. kristin fisher has more from the kennedy space center. >> reporter: a second scrub, a second hydrogen leak. this was bigger than the one encountered on monday. nasa needs to fix it. they can either fix it on the launch pad or roll the entire rocket all the way back to the vab or the vehicle assembly building. to do that would take about 3 1/2 days, it eats up a ton of sometime. regardless where they make the repairs as of now nasa is going to need to roll the rocket back to the vab regardless because they

i got a question about eli lilly and company and just for the record, i worked there in new product clients and sales and so i seen you had ricks on, david ricks -- >> yes, he's been on a couple times. look, let me just tell ya, this is a big holding for my charitable trust we almost decided to buy more now. we do fear the drug stocks can go lower because it's a high price earnings but i think the future for lily isi is unbeliev. i know you work there. hold on to it if you got stock and buy more when it breaks into the 280s it may do that because this market is bad. thank you for the kind words because this is one tough job i got now. let's go to tyler in california, tyler? >> caller: big boo-yah from california, jim, how are you doing? >> i'm looking for you i don't see ya i'm sure you're here what's up? >> caller: i'm looking at the charts for the potential bear market plays i want to know if you think this is a bottom on ticker er kr, kroger. >> doing a fantastic job i think the bottom is in hand but the chart is so bad people keep selling and selling and selling. let's say 43 how about

for the total and it's up 20% and investors have taken notice, and the other position we own is eli lillys of late, and there's been a lot of positive developments in the trials of biogen as you've seen, the alzheimer's drug, and it's obviously something that afflicts a ton of people globally and all these stocks benefit from the investment and those spaces >> joe, when we did our stock summit many months ago you picked united health, and health care is your space you own abbvie today, cgen. >> i've been active there and sold recently, used the capital to go into cgen by ownership of merck on any pull back i'd like to own to. bristol myers i don't own it that's been working well got my eye on intuitive surgical right here and might take a position on that name. also keeping an eye on abbvie and i think a name that brin in the past and i apologize if she's still in it that's pulled back recently and looks attractive here. >> you mentioned abbvie. everyone seems to like that. let's talk about energy. coming up still leading on the year we'll find out how we're playing it into the end of thi

we did the same thing mid-august along with eli lilly, h & r block, vertex, all of which i talked about on the show since then every one of them has outperformed apple apple is up in line with the market so i think when you have a stock that trades at 27 times next year's earnings and it's trading at a 15% premium to its long-term average, 50% to its peers, i'm hoping i'm wrong on this because me and a lot of other people hide in apple because of the earnings quality of the name. but since the latest highs on the bear market bounce, it's been a market performer. so you clearly have to think outside of apple if you want to generate some alpha. >>> coming up, nice gains for broadcom on the back of its earnings stephanie link owns it, icwhh is why she's calling in next. find out what she's doing with that stock when we come back (vo) hi. we're visible. a different kind of wireless company... ...running on a big impressive wireless network. how are we different? we exist only on your phone. so you get unlimited data for just $30/mo, taxes and fees included. plus we have a new plan with 5g u

katie bo lillis, thanks so much. >>> russia's escalation, call to arms, also triggering dissent. 1300 people have reportedly been detained in crackdowns now on anti-war protests. >> people who do that are risking an enormous amount. a local monitoring group reports that some detainees were directly conscripted right into the mugs military. >> our senior international correspondent matthew chance joins us with the latest. also, matthew, reporting there's a rise in flights out of moscow. i'm assuming direct response from some to this? >> absolutely. just hearing what jim was saying there, it's really harsh, isn't it, that you would be going to a protest, protesting against the draft introduced in russia and against the war and then being carted off like we saw that man and put straight into the russian military. it's hard line even by the hard line standards than what we've come to expect of russian authorities. you're right. what we're seeing here are the russian people coming face-to-face with the reality of what the kremlin calls a special military operation. it was okay or acce

with more now on this, we have cnn reporter katie bo lillis.y don't know the answer. this is just one of many questions that investigators are looking to get a sense of what happened here. here's what we, russian navy support ships were spotted in the vicinity of the leaks on these pipelines. we were also told by a source familiar with the intelligence that russian submarines were spotted in the general area last week. but important not to jump to many conclusions here as one danish military official put it to me. he said, look, we've seen russian ships operated in this part of the baltic sea pretty routinely, they're testing our awareness. the presence of the ships doesn't necessarily mean they have anything to do with the explosions at this point that we believe caused these leaks. >> look. we don't know who did it, but there's a question who has the motive and who has the capability, and a lot of experts say russia. that's why they're looking at it, even as they can't prove it at this point in time. so what happens next? >> so denmark and sw

etfs up nearly 4% other companies working on alzheimer's treatments getting a boost including eli lillynd hitting an all-time high let's get a check on what's happening in florida and other news, the cnbc news update and seema moody. >> here's what's happening the eye of hurricane ian is just 25 miles from fort myers, florida. it remains a strong category 4 storm with sustained winds of 155 miles per hour and gusts reaching 190 miles per hour. ian is expected to slow down when it comes ashore and dump 12 to 18 inches of rain across a broad swath of the state. >>> in the baltic sea the nord stream natural gas leak may be the equivalent of 16 million tons of carbon dioxide released into the atmosphere. a danish official says that's a third of denmark's carbon dioxide emissions. >>> and lehman brothers, remember them, liquidation of its brokerage unit ended 14 years, 13 days after the company filed for bankruptcy and helped trigger the financial crisis in all more than $115 billion was paid out customers and secured creditors received all the money they were owed and unsecured creditors go

in the oil global markets, it's not going to affect people going to macau, it's not going to affect lilly or some of these great drug companies that have great therapeutics that haven't been priced into their stocks if we do it stock by stock and not worry about some of these overviews that people are taking the worst view of, i think you would find there's a lot underneath in this market right now to focus on. why not do it? instead of focusing all of our time on the fed andle war and the dollar, let's talk about individual stocks because that's really in the end what we own. >> jerry, always good to have you on it wouldn't be fun if i didn't push back a little bit jerry castellini a little bit. >> a little hard ball with tyler mathisen, i like that. >>> highlighted in nike's earnings, the company says headwinds from foreign exchange shifted significantly in the last 90 takes. nike makes half its revenue from outside north america. it's not just a retailer to be squeezed by the strong dollar. also big tech. our next guest is cutting estimates on amazon, google, meta, partially because of

lilly and abbvie another group that's doing well, metals, mining stocks. peabody, arch. a lot of talk about europe's approaching winter over the weekend getting traction there big cap tech down 1 to 2%. we're off of the lows, but again, these are all in down trends apple's down six of the last seven trading sessions it was down 263, look at that, 155. we're down microsoft was 280. now 254. we're down oh, 10% or so in the last two, three weeks. amazon, same situation nvidia was 187 just about three weeks ago so we're down 25 to 30% in nvidia. keep an eye on that one. quite a big move to the downside despite this, i don't see panic out there. i call around, what's going on, i don't see heavy volume here's the vix here. 27 earlier today this is not panic territory. this is elevated, but not panic. i'd say 35 or so is where it gets panicky, where it was in mid june i wish there would be a little more buying interest just don't see it now. >> it's there in coal. the big tech stocks are down 40%. coal stocks have doubled what a year. thank you very much. if you think europe's

eli lilly and regeneron and bio again. we'll put that on the watch list.ith greatest earnings in revenue growth -- [audio issues] charles: don't force the issue. thank millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. ♪. charles: i don't need to tell you terrible year for stocks and bonds. when you look under the hood, folks, the damage far worse than you assume. look for instance at the advance-decline line. this is the lowest level of the year certainly, and lowest level going all the way back to september, october much last year. and there is little improvement right to new highs and new lows. again i t

>> eli lilly, i think the process in the pipeline is a stock that can do well. >> karen?ize, google is so much better. alphabet on the final trade. >> so there, dan. tim? >> matt has the under on the jets, i'm going caesars. >> thanks so much for watching fast money. we will see you back here tomorrow. don't go anywhere, cnbc special blue-chip playbook starts >>> hello everyone and welcome to the cnb special, blue-chip playbook. the goal this hour is to give investors a guide to investing in the blue-chip. large companies, brand names with established trend records and solid dividend earners. we broke in data t

. >> reporter: lilly started the nonprofit street racing kills after her 16-year-old daughter valentinalife is gone for 40 years. and you're going to have the other party telling you this is what you took away from us. >> reporter: her message, not heard nearly enough, she says, lost in a haze of burning rubber and roaring engines. stephanie elam, cnn, los angeles. >>> more than 40 million americans are under heat alerts this morning. up next, why the heat isn't the only concern out west. ♪ ♪ ♪ "shahake your thang" by salt n pepa ♪ ♪ the thing that's different about a vrbo vacation home. you always have the whole place to yourself. no stranger at the dinner table making things award. or in another room taking up space. it's just you and your people. because why would you ever share your vacation home with someone you wouldn't share your vacation with. ♪ ♪ trelegy for copd. [coughing] ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze driftin' on by... ♪ if you've been playing down your copd,... ♪ it's a new dawn, it's a new day,... ♪ ...it's time to make a stand. start a new day with

national bank who will give us a bird's-eye view from main street but first a look at shares of eli lilly. already said eli manning outperforming the market after their weight loss drug being called potentially the biggest ever with an estimated sales potential of 25 billion. >> i see what you did there. bigger bigger, weightier. personalized financial advice from ameriprise can do more than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. >>> welcome back to "power lunch. inflation is making the upcoming holiday season trickier for retailers. this year walmart says it will hire 40,000 workers, a big decrease in the 150,000 workers it hired last year target instead is hiring the same number of workers as last year 100,000 but it's offering holiday deals and promotions a little bit earlier here to discuss what this says about the consumer, retailers and the economy is the ceo good to see you. >> good to see you. >> is it in

i like bristol-myers, abbvie, lilly. in a market where valuations aren't so stretched.n one hand we don't need president biden to tell us the pandemic is over everybody else has been saying that in our life but if you're in these stocks looking for recurring revenue stream of the booster shots and the argued the booster shots and the federal government changes its posture around how it's going to push that out, maybe then it's material >> maybe you shouldn't be trading stocks either. these things are down for $500 to 125 come on. these are the headlines that grinds my gears, right it purports to give you new information. there is no new information here if you're the one that sold the stock today on the news, you're probably the last one to do it on this news i don't know you got to have a new catalyst to get these things going. i just find these headlines to be useless. >> i'll say real quick on moderna, this company is almost $20 billion of cash on their balance sheet with a 55 billion market cap you do the math. they could spend it on anything. they're a biotech comp

filling your dreams ♪ ♪ little sleepy eyes, hum along to the song the sandman sings ♪ ♪ drift away like lilliesce in which your people stood, in which they breathed, is precious to you. the novelist is in the situation of an eve dropper, kevin: i've fought wildfires for twenty years. here's the reality we face every day. this is a crisis. we need more firefighters, more equipment, better forest management to prevent wildfires and reduce toxic smoke. and we need to reduce the tailpipe emissions that are driving changes to our climate. that's why cal fire firefighters, the american lung association, and the california democratic party support prop 30. prevent fires. cut emissions. and cleaner air. yes on 30. >>> it's a book for the record books, one of the best selling memoirs of all time. and its author, mitch albom is taking stock with our senior contributor ted koppel. >> when i was at abc news, we ended up producing three "nightline" programs with a retired university professor who was dying of als, often known as lou gehrig's disease. >> i'm angry and bitter. but it too long. go back out and

if i'm not sure he either just straight out talked to her as elizabeth or it was lilly bet, but there were no niceties. there was a politeness and respect but he really felt that he had a big connection with her. >> the king will be meeting, christiane, in buckingham palace with the high commissioners from the realms. if we look at who is there, you know, on my travels trying to sort of figure out which countries are more likely to, you know, reconsider their position as realms going forward, you have canada, i think new zealand, those high commissions will be there, i don't think there's any big debates there be removing the queen as head of state. certainly in quebec when i was there there is a massive republican movement but across canada i think they are referential. when it's described to me we have something the americans haven't got, they're obsessed with the royal family, that's their view. listen to the other high kmesh nurse that will be there, i think there are i think gates, antigua, barbuda, bahamas, grenada. >> jamaica. >> st. christopher. st. lush i can't, st. vincent a

it's eli lilly reportedly on the hunt for a large expansion in south san francisco. so bizjournals reports the company looking for 300,000 square feet of additional space in the area. multiple sources with knowledge of the company's real state strategy confirmed that in a lot of details, the company already has 2 south san francisco locations that is looking to expand. well, president biden announced new rules requiring airlines and travel sites to be more transparent about fees that customers could be charged under these proposed rules. airlines and travel sites would have to disclose up front the first time in airfares just played any feature charge to sit with your child or changing a flight and for checked or carry on baggage. the administration still hasn't finalize the rules. they are currently seeking public input and as interest rates rise, some savings accounts are suddenly going up an interest. in fact, some are paying 3% interest. it is below inflation, but it's better than we were the beginning of the year, which is about a half percent. those are levels

bomb came shortly after uber driver patrick fung was murdered not far from the neighborhood dentist lilly sue was also gunned down blocks away in little saigon. too close for comfort and the reason roxana does not want her mom's story to be forgotten like they don't know. that this is our lives we're talking about, i would say is more than hell. it's a living nightmare, overwhelmed by medical bills and her own back pain that was exacerbated from the stress of caring for her family. roxana has set up a go fund me she isn't sure what the answer is, but feel stuck and makes this plea for change. all grew up there. we all lived there and my mom doesn't want to leave. this is all she knows. she loves oakland. she still loves it. worse she still does, you know, despite being robbed so many times, despite her almost losing her life. she still wants to be here. she still wants to be a part of oakland. we just want her to get better. in oakland. dion lim, abc seven news alright, let's get to our weather now because it is changing big time fall is almost here. sandia and rain is on the way. that's

on the flip side, health care stocks are outperforming today eli lilly getting a double dose of goods the fda approving its cancer drug for new uses. merck is leading the down after one of its cancer drugs was approved for use in china. let's step out of the markets and get a cnbc news update with tyler mathisen >> hi, brian welcome, everybody here's your cnbc news update, up to the minute. an indiana judge has issued an order blocking that stale's abortion ban from going into effect the ban was passed in early august and abortion rights groups sued to block the law the judge said the ban, with its limited exceptions violated the state's constitution and is a, quote, significant restriction of personal autonomy >>> a mississippi official has pleaded guilty to conspiracy to commit fraud and theft in the scandal that improperly paid out millions of welfare dollars across the state john davis was a key figure in the state's welfare agency and the charges carry a minimum -- a maximum, excuse me, of 15 years in prison. remember, some of this welfare money went toward paying for a new voll

lilly, how about you?i was missing a fibula in my right leg. i had an amputation when i was still a very small baby and really ever since. i was about 1 year old i have been going to shriner's hospital in lexington for proses at the cease and ongoing care. >> ainsley: lexington, connect . >> um-huh. >> when it happens to you is one thing when it happens to your child it's different. how has shriner's changed you and your parent's life. >> they provide care regardless of family's ability to pay. for them, it was more about the expertise. we didn't have the pecs per tease in kids orthopedics in my hometown. it was very worth driving those four hours there and back my whole life. they really equipped me with the tools outside of my. i graduated from care two years ago. and they have enabled me to live my life to the fullest and great quality of life. >> ainsley: what are you doing. >> trauma surgical icu nurse now. i work with patients after they have had pretty significant injuries. i'm also working on my ph

cnn's katie bo lillis joins us now. what do you know about the response to the request? >> so for the last couple of days some of our colleagues and i have been surveying biden administration officials as well as military to get a sense that would translate to conversations about potentially upping the ante on the kind of military and intelligence support that they're providing to ukraine, potentially sending some of the items on ukraine's wish list that so far the administration has been reluctant to provide because they see some of those systems as too escalatory, in particular because many of the systems have a range that might allow ukraine to potentially strike russia from within its own borders. and the short answer to that question right now is no. the biden administration at this point views the success that ukraine has seen in its counteroffensive so far as a vindication of this kind of carefully calibrated, iterative, and some would argue incremental strategy towards providing military aid and assistance to ukraine. now, this isn't necessarily going to be a pop

he's really good looking guy and she came and i said, lilly, take a look at this guy.he's a privateer. and she took a good hard look. and she said, you dad, i could really get into. so unfortunately she hasn't read the book this day, but i still have some hope. all right. thank you, eric. ben, go ahead. yeah. so my book, last slave ship is sort of two stories and it's the story how i found the clotilda, which was the last ship to bring enslaved africans into the country. and it's the story of the ship and the people on it. and so that's kind of what i want to set up a little bit. the reason that i wrote about the clotilda, the reason people still talking about it is because we know about the entire affair, including the people who were on the ship. so you the ship came in in 1860, right on the eve of the civil war at that in the united states. it been illegal to bring africans into country since 1808. most people don't realize that slavery was still legal. but you could no longer import africans. so because of that, when the clotilda arrived in america almost all the e