live from the nasdaq marketsite in new york city's times square. i'm melissa lee. our traders tonight are tim seymour, pete najarian, brian kelly, and guy adami. at&t just announcing a $2.5 billion deal. we'll have the details coming up. but we start with twitter. one year ago the company went public. the stock down 45% from its december highs. it is down nearly 25% this month alone. today's "wall street journal" out with a scathing piece on the company's management saying twitter ceo dick costolo struggles to define vision. what do we do here in do we need to see dick costolo out, tim? >> i don't think so. i think the company's struggling with just how much they can scale this business. you're looking at capex and sbc. these are things people are very worried about. the guidance for the fourth quarter was the problem. the third quarter was actually very good. the so he the question is how much growth do you need from twitter? i actually think if you look at the chart around here the stock is selling into a range where 36 to 40 becomes a very safe place. now, again

live from the nasdaq marketsite i'm melissa lee. these are the traders here in times square.nd we start tonight with a juicy story that is the talk of the options world. an unconfirmed rumor saying bill ackman is taking a stake in walmart. the talk causing a serious intraday bounce in the stock and leading to a flurry of call buying. this as retail stocks are at all-time highs. could walmart be the next activist target? let's get in the money and find out. dan, some are saying ackman is going to press walmart to spin off sam's club, which of course would unlock value. >> yeah. listen, this has been a theme throughout. multiple different industries throughout. big underperformer. walmart unchanged through the year. they just issued a profit warning a few weeks ago. a company that's not expected to growth. when you look at their growth estimates, it's basically low single digits for eternity. this is a massive, massive retail company. so it does make sense. like some of these huge, huge targets, although in past activists never wanted to get into the mega cap, but they're going

live from the nasdaq marketsite in new york city's times square i'm melissa lee. former hedge fund manager and author of the global macro investor rolls out the biggest risk to the u.s. economy and he has a dire prediction for 2015. >>> plus find out what the ceo has to say. grasso, these numbers are certainly helping this. >> these numbers are on the call from dhi today, rallied the whole space. margins looked good. they weren't affected by anything that people thought they were going to be affected by. kb homes ran. i'm still long there. think that catch-up is big. >> toll brothers made positive comments saying they've seen the first uptick in orders in about four quarters. >> people are looking towards the spring season saying it is going toob better spring, that lower unemployment is going to feed through even without wage growth but that interest rates will stay lower longer. the thing that at least we'll talk a bit about deflationary forces globally. one thing that allows is people's interest rate expectations now maybe have been pushed back that much more.

live from the nasdaq marketsite in new york city's times square i'm melissa lee.r hedge fund manager and author of the global macro investor rolls out the biggest risk to the u.s. economy and he has a dire prediction for 2015. >>> plus find out what the ceo

live from the nasdaq marketsite in new york city's times square. i'm melissa lee.eymour, pete najarian, brian kelly, and guy adami. at&t just announcing a $2.5 billion deal. we'll have the details coming up. but we start with twitter. one year ago the company went public. the stock down 45% from its december highs. it is down nearly 25% this month alone. today's "wall street journal" out with a scathing piece on the company's management saying twitter ceo dick costolo struggles to define vision. what do we do here in do we need