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Mar 1, 2024
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cnbc's melissa lee reports. >> you want to keep the same length? >> reporter: for new jersey hairstylist kelly fatigan, maintaining a healthy weight was never an issue, until she had a child. >> i had my son, and we all know after 30, things kind of start to change. >> reporter: she wanted to try ozempic, the diabetes medication that is also shown to be effective and popular for weight loss. >> but the reality was at $800 a month, it wasn't something that was sustainable for me >> reporter: when there's a nationwide shortage for a drug like ozempic's active ingredient semaglutide, the fda allows for what's known as compounding, the art of mixing in medications. >> i'm on my way right now get my first shot. >> reporter: she was able to get her hands on compounded semaglutide, first from a local med spa for $300 a vial, then an online site she loads the syringes herself. >> i was just told to sanitize the top of it each time. >> pull back a little bit. >> reporter: robin wagner is a professor at the uconn school of pharmacy and teaches proper compoun
cnbc's melissa lee reports. >> you want to keep the same length? >> reporter: for new jersey hairstylist kelly fatigan, maintaining a healthy weight was never an issue, until she had a child. >> i had my son, and we all know after 30, things kind of start to change. >> reporter: she wanted to try ozempic, the diabetes medication that is also shown to be effective and popular for weight loss. >> but the reality was at $800 a month, it wasn't something that was...
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Mar 27, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq on the desk tonight -- tim seymour, karenerman, dan courtney garcia, and guy adami >> we start off with the latest sign that higher prices are taking a toll on the consumer. a new study finding that lower income spenders are pulling back on eating out. according to the poll, 28% of people earning less than $50,000 a year say they did not visit fast food restaurants as much over the past month, while 46% are staying away from fast casual chains. those are higher percentages compared to those earning more than $50,000 the lower demand reflected in shares of restaurant stocks. mcdonald's and starbucks off 4% in march darden is off 2% so, are restaurants signaling consumers are getting even more squeezed we heard this from the likes of mcdonald's, from wendy's, concerns about the consumer trading down, not spending as much, going less frequently. >> yes, we heard it from mcdonald's on february 6th, the first time since we've been doing this show we heard that from mcdonald's. we've heard it from the dollar stores without question
i'm melissa lee, coming to you live from studio b at the nasdaq on the desk tonight -- tim seymour, karenerman, dan courtney garcia, and guy adami >> we start off with the latest sign that higher prices are taking a toll on the consumer. a new study finding that lower income spenders are pulling back on eating out. according to the poll, 28% of people earning less than $50,000 a year say they did not visit fast food restaurants as much over the past month, while 46% are staying away from...
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Mar 25, 2024
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higher and takes the rest of the crypto space with it and reddit, we'll dive into the pits i'm melissa lee coming to you from the nasdaq. on the desk, tim seymour, dan nathan and guy adami we start with disney's proxy battle royale. just a week away, nelson peltz trying to find management to secure seats on disney's board just today it said it was withholding its vote from bob iger, a move that contrasts the recommendations and peltz's public statement and since he reignited his proxy battle for the kingdom in october, shares soared nearly 44%. barclays raising the price target to $135 that's on shares is up 3% to the highest close since august 2022. it is now nearly a dollar above the average analyst price target on the street. barclays, is right does disney shares go higher from here? tim, what do you think shareholder tim, what do you think? >> i think there is a valuation argument that it should go higher and there's an ability to play the sum of the parts. the entire tailwinds and i know that sounds crazy and it's not just netflix you certainly heard disney and their ability to contro
higher and takes the rest of the crypto space with it and reddit, we'll dive into the pits i'm melissa lee coming to you from the nasdaq. on the desk, tim seymour, dan nathan and guy adami we start with disney's proxy battle royale. just a week away, nelson peltz trying to find management to secure seats on disney's board just today it said it was withholding its vote from bob iger, a move that contrasts the recommendations and peltz's public statement and since he reignited his proxy battle...
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Mar 13, 2024
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i'm melissa lee. on the desk tonight, tim seymour, steve grasso, guy adami, and lori calvasina. >>> shares of dollar tree plunging more than 14% after posting misses on the top and bottom lines this morning. shares, which had been on a steady climb since october, seeing their biggest drop in nearly two years, erasing all the gains for 2023. meantime, williams sonoma stock cooking up an all-time high today. the high-end home goods retailer beating earnings estimates, upping its stock buy-back plans by a billion dollars and hiking under the circumstances dividend by 26%. in the last six months, williams sonoma posted virtually the same gains as red-hot nvidia. so, does today's action emphasize just howdivergent the high end and low end consumers are? this is a theme certainly that we've been hitting on for months and months, but this really seems to underscore that, guy. >> one thing for us to say, it's another thing to see two stocks on the same day perform the way they did. tim has discussed wsm for q
i'm melissa lee. on the desk tonight, tim seymour, steve grasso, guy adami, and lori calvasina. >>> shares of dollar tree plunging more than 14% after posting misses on the top and bottom lines this morning. shares, which had been on a steady climb since october, seeing their biggest drop in nearly two years, erasing all the gains for 2023. meantime, williams sonoma stock cooking up an all-time high today. the high-end home goods retailer beating earnings estimates, upping its stock...
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Mar 14, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq.the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start off with the latest escalations between washington and beijing. china's foreign ministry responding with sharp words to the u.s. house passing a tiktok crackdown bill. a spokesman saying today that the vote, quote, lets the united states stand on the opposite side of principles of fair competition and international trade rules. and that if so-called national security reasons can be used to willfully is up press other countries' superior companies, there would be no fairness to speak of. the comments come as steve mnuchin made a surprise announcement this morning that he is looking to buy tiktok. would a deal like this would be allowed to go through? are we on the precipice of a real blow to u.s./china relations, that the market isn't pricing in at this point? tim, what do you think? >> i think there's no question we've had different points in the last couple years where it felt like tensions were escal
i'm melissa lee, coming to you live from studio b at the nasdaq.the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start off with the latest escalations between washington and beijing. china's foreign ministry responding with sharp words to the u.s. house passing a tiktok crackdown bill. a spokesman saying today that the vote, quote, lets the united states stand on the opposite side of principles of fair competition and international trade rules. and that if...
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Mar 20, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, dan nathan, guy adami, and michael contopoulous. >> what was that? something broke. >> that was the sounds of records shattering. >> beginning of a billy joel song. >> that actually really -- >> we didn't know. >> she got us. >> the dow getting within 500 points of the 40,000 mark and the s&p closing above 5, 200 for the first time ever. the moves coming after the fed's decision to leave rates unchanged and maintain its projection for three quarter point cuts this year. the central bank did caution that it needs to see more evidence that inflation is easing before it makes a move. shorter term yields did pull back on the news, but the 30-year was up. steve liesman joins us now. steve? >> hey, melissa. yeah, fed chair powell and the fed's committee stuck to a modestly dovish outlook at the rate-setting meeting today, despite two months of disappointing inflation numbers. powell says it's still appropriate to cut rates later this year. the fed, the co
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, dan nathan, guy adami, and michael contopoulous. >> what was that? something broke. >> that was the sounds of records shattering. >> beginning of a billy joel song. >> that actually really -- >> we didn't know. >> she got us. >> the dow getting within 500 points of the 40,000 mark and the s&p closing above 5, 200 for the first time ever. the moves...
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Mar 1, 2024
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. >> melissa lee asks if the cheaper drugs are safe. >> hair stylist kelly -- maintaining a healthy weightsue until she had a child. >> i had my son, and me all know, after 30, things just kind of start to change. >> reporter: she wanted to try ozempic, the diabetes medication that's also shown to be effective and popular for weight loss. >> but, the reality was, at $800 a month, it wasn't something that was sustainable for me. >> reporter: when there's a nationwide shortage for a drug like ozempic's active ingredient, fda rules allow for what's known as compounding, the art of mixing and custom making medications. >> i am on my way right now to get my first shot. >> reporter: fadigan was able to get her hands on compounded sema gl lutide, from a local health spa and an online site. she loads the syringes herself. >> i was just told to sanitize the top of it. each time. >> pull back a little bit. >> reporter: robin, a professor at the yukon school of pharmacy and teaches proper compounding techniques. >> when there's need and there's a profit, people will get involved in compounding. >> re
. >> melissa lee asks if the cheaper drugs are safe. >> hair stylist kelly -- maintaining a healthy weightsue until she had a child. >> i had my son, and me all know, after 30, things just kind of start to change. >> reporter: she wanted to try ozempic, the diabetes medication that's also shown to be effective and popular for weight loss. >> but, the reality was, at $800 a month, it wasn't something that was sustainable for me. >> reporter: when there's a...
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Mar 18, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- bonawyn eye sonson, karen finerman, dan nathan, and guy adami. >>> ceo jensen huang of nvidia speaking right now. he's announced new partnerships and unveiled a new gpu. shares up 5% earlier in the day, but closed up less than a percent, currently trading down by a quarter of a percent. kristina partsinevelos joins us now with the very latest. kristie anyway? >> nvidia's ceo reiterating we are just at the tipping point for a.i., and all that means is that you're going to need bigger gpus. nvidia revealing its new generation artificial intelligence platform. key word platform there, to run a.i. models. they are calling it blackwell, and it comes with the blackwell bh-200 gpu, the graphics processing unit, the latest one we've been waiting to hear about. it's going to be four times the training performance of the h-100. 25 times lower in energy use and 30 times the inferencing power, compared to the previous hopper architecture, or the h-100 chip that we've all ta
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- bonawyn eye sonson, karen finerman, dan nathan, and guy adami. >>> ceo jensen huang of nvidia speaking right now. he's announced new partnerships and unveiled a new gpu. shares up 5% earlier in the day, but closed up less than a percent, currently trading down by a quarter of a percent. kristina partsinevelos joins us now with the very latest. kristie anyway? >> nvidia's ceo reiterating we are...
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Mar 11, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we begin with what might be a sign that the air is coming out of what have been some of the year's most popular trades. lilly and nvidia boasting big drops today. nvidia has now fallen nearly 12% from the record high hit friday morning. japan's nikkei nosediving, falling to its lowest in over two weeks. even the red hot industrials trending lower. meantime, recent laggards catching a bit of a bid today, with alphabet and apple notching gains. so, have markets lost faith in this year's high flyers? is this the start of a rotation which some might call healthy at this point, guy. >> could be. and tim has correctly pointed out that as the semis go, the market's going to go. let's try to drill down there quickly. nvidia, on friday, massive reversal, we talked about it on the show. traded two timesish, 2 1/2 times normal volume. huge rotation lower. $230 billion of market cap taken off in a single day is signifi
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we begin with what might be a sign that the air is coming out of what have been some of the year's most popular trades. lilly and nvidia boasting big drops today. nvidia has now fallen nearly 12% from the record high hit friday morning. japan's nikkei nosediving, falling to its lowest in over two weeks. even the red hot industrials trending lower....
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Mar 4, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start off with the trifecta of trouble in the so-called magnificent seven. apple, after fa bet and tesla all down sharply this year. yet the broader market seems to be okay, shrugging off the weakness. the s&p closing the day basically flat. the dow and nasdaq were down less than half a percent. and look where the strength came from. nvidia up 3.6%, a new all-time high. that stock is now up more than 250% from a year ago. lilly and the glp space also continuing to gain. that stock quickly closing in on the trillion dollar market cap club, but it's not all the same old stocks. transports also at a record, with today's move higher drichbt driven by lyft's 4% pop. industrials also on a tear. names like caterpillar, up days in a row here. what does this broadening out, or dare we say, rotation, tell you about this market, guy? >> it's important, it's impressive. the russell closed unchanged, above 205 in the
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start off with the trifecta of trouble in the so-called magnificent seven. apple, after fa bet and tesla all down sharply this year. yet the broader market seems to be okay, shrugging off the weakness. the s&p closing the day basically flat. the dow and nasdaq were down less than half a percent. and look where the strength came from. nvidia up...
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Mar 28, 2024
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lauder shares get a makeover and the chart master thinks it might be time to buy the banks i'm melissa lee, coming to you live from studio b at the nasdaq on the desk tonight -- tim seymour, karen finerman, carter worth, and steve grasso the s&p surging morethan 10%, locking in its best start to a year since 2019. the dow notching its strongest first quarter since 2021 all three major eindices on five-month winning streaks communications services, energy, tech, and financials all up double digits. oil, gold, rates, and the dollar all climb in q-1 so, can all or any of these assets keep rising in this new quarter? i mean, it's a little counterintuitive for everything to be going higher at the same time, tim. >> it was risk on, because a stronger dollar and higher yield should have been somewhat negative for equities. you saw a lot of the end of the world, we're worried about policy, we're worried about political upheaval kind of proxy plays, gold, bitcoin, also had big quarters and it was the first time that the nasdaq understood performed the s&p, not by a lot, but it did underperform the
lauder shares get a makeover and the chart master thinks it might be time to buy the banks i'm melissa lee, coming to you live from studio b at the nasdaq on the desk tonight -- tim seymour, karen finerman, carter worth, and steve grasso the s&p surging morethan 10%, locking in its best start to a year since 2019. the dow notching its strongest first quarter since 2021 all three major eindices on five-month winning streaks communications services, energy, tech, and financials all up double...
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Mar 6, 2024
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i'm melissa lee live from studio b on the desk tonight. tim seymour. markets meantime, managing gains across the board as investors look to recoup yesterday's losses, though all three indices did close well off the day's highs. fed chair jerome powell reiterating that the central bank is not ready to cut rates just yet. we'll get more on that in a few minutes. we start off with a last minute lifeline for new york community bank corps. shares were down as much as 42% today before the regional lender announced it had secured a billion dollar investment, led by the firm of stephen mnuchin. shares managed to close a day higher, 7 1/2%. that is less than 25 cents higher. for the latest details, leslie picker who joins us on set. what a roller coaster day told. >> it was a fascinating turn of events for this company. new york community bank corps, ink a deal. those investors buying common and convertible preferred stock $2 per share. investors will get a 60% warrant coverage to buy more stock with an exercised price of $2.50. a bit of background on how this
i'm melissa lee live from studio b on the desk tonight. tim seymour. markets meantime, managing gains across the board as investors look to recoup yesterday's losses, though all three indices did close well off the day's highs. fed chair jerome powell reiterating that the central bank is not ready to cut rates just yet. we'll get more on that in a few minutes. we start off with a last minute lifeline for new york community bank corps. shares were down as much as 42% today before the regional...
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Mar 15, 2024
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i'm melissa lee. on the desk, tim seymour, julie bi beale. nvidia's hotly anticipated gtc conference and a fed meeting that could lay the groundwork for rate cuts and begin with nvidia. the chip standout developer's event getting under way on monday. new product launches including a possible gpu for the chinese market and other updates that could sustain its massive run. having a bumpy ride posting a small loss today up slightly since monday. for more on what to expect let's get to kristina partsinevelos. >> godfather of a.i. will take the stage. first event in five years with over 16,000 attendees flying in for two days. every hotel in the city is sold out for miles. trust me, i can attest to that. the share have been up 80% in the last three months alone. the stock moved over 2%. eight out of the last ten trading session, even without any news as a catalyst. someone has to wonder how much is already priced into the stock and what more can the company and ceo say over two hours to excite investors? well, there's three themes that could do ju
i'm melissa lee. on the desk, tim seymour, julie bi beale. nvidia's hotly anticipated gtc conference and a fed meeting that could lay the groundwork for rate cuts and begin with nvidia. the chip standout developer's event getting under way on monday. new product launches including a possible gpu for the chinese market and other updates that could sustain its massive run. having a bumpy ride posting a small loss today up slightly since monday. for more on what to expect let's get to kristina...
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Mar 26, 2024
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the details, when "fast money" returns. >>> this is "fast money" with melissa lee. right here on cnbc at ameripl our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to is advice worth talking about. ameriprise financial. rylee! from rylee's realty! hi! this listing sounds incredible. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪) business. get iph
the details, when "fast money" returns. >>> this is "fast money" with melissa lee. right here on cnbc at ameripl our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are...
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Mar 11, 2024
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i'm andrew ross sorkin along with joe kernen and melissa lee who is hanging out with us..s. equities at this hour. the dow right now offthe 80 points. the nasdaq is up 18 points. s&p is unch. it is up 1 point. >>> the treasury yields. two-year yield at 4.048. there is
i'm andrew ross sorkin along with joe kernen and melissa lee who is hanging out with us..s. equities at this hour. the dow right now offthe 80 points. the nasdaq is up 18 points. s&p is unch. it is up 1 point. >>> the treasury yields. two-year yield at 4.048. there is
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Mar 18, 2024
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i am melissa lee in for scott wapner. joining forces in the ai arms race, the investment committee is standing by to break town what all this means for your portfolio. joining us this hour, joe terranova, steve weiss and shannon. we are going live to san josÉ, california, ahead of the nvidia's developers event. google and apple in talks to use the ai engine in the iphone. that's showing signs of life in the ai trade. joe? >> this potentially reeignites the mag 7. fundamentally this is interesting, and i am not sure who will be paying who in this scenario. obviously we know they pay apple in terms of search. this is also a little bit puzzling to me for apple. is this an admission maybe they could not bring forth their own ai or gemini ai fast enough, and then the regulatory risks for this as well. clearly this is a significant positive for alphabet. i think it's something that probably has been circulating for the last week, because alphabet has had a strong period. >> apple had open talks about open ai in the bloomberg re
i am melissa lee in for scott wapner. joining forces in the ai arms race, the investment committee is standing by to break town what all this means for your portfolio. joining us this hour, joe terranova, steve weiss and shannon. we are going live to san josÉ, california, ahead of the nvidia's developers event. google and apple in talks to use the ai engine in the iphone. that's showing signs of life in the ai trade. joe? >> this potentially reeignites the mag 7. fundamentally this is...
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Mar 15, 2024
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melissa lee is here and dave aaronwood is here. i'll start with you. alvin bragg said trump never asserted presidential immunity as a defense and he waived any argument premised on the absolute theory when he tried to remove his case to federal court. should the judge summarily deny trump's immunity motion at this time? >> yes, katie. yes, he should. it's another delay tactic. the events in the new york case took place before he was president so presidential immunity does not apply. he waived the argument he's bringing up at the 11th hour. beware of the ides of march. the case we thought was going to go to trial first, the case we thought was guaranteed to go to trial in new york is being delayed 30 days. as a state prosecutor i want to say i have the backs of fellow state prosecutors. i believe them when they say it's the fed's fault. it's donald trump's fault. his team asked for the documents in mid january. it's no surprise we have all this extra time that the feds needed to deliver the goods. it's a shame this is happening but the delay tactics see
melissa lee is here and dave aaronwood is here. i'll start with you. alvin bragg said trump never asserted presidential immunity as a defense and he waived any argument premised on the absolute theory when he tried to remove his case to federal court. should the judge summarily deny trump's immunity motion at this time? >> yes, katie. yes, he should. it's another delay tactic. the events in the new york case took place before he was president so presidential immunity does not apply. he...
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Mar 21, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, guy adami, mike khouw, and julie biel. the dow getting just 111 points away from crossing 40,000. but one longtime tech bellwether not coming along for the ride. shapes of apple dropping more than 4% after the department of justice announced a new anti-trust lawsuit against the tech titan, saying that the iphone maker has a monopoly over the phone market, and that it harms consumers, developers, and rival companies. let's get straight to eamon javers who has the details. eamon? >> the justice department, along with 16 state attorneys general sued today. this is a civil anti-trust lawsuit filed in the united states district court for the district of new jersey, and alleges that apple illegally maintains a monopoly over smartphones by selectively imposing contractual restrictions on and withholding critical access points from developers. here's attorney general mar rick far merrick garland earlier today. >> apple has maintained monopoly power in the s
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, guy adami, mike khouw, and julie biel. the dow getting just 111 points away from crossing 40,000. but one longtime tech bellwether not coming along for the ride. shapes of apple dropping more than 4% after the department of justice announced a new anti-trust lawsuit against the tech titan, saying that the iphone maker has a monopoly over the phone market, and that it harms consumers, developers,...
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Mar 22, 2024
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i'm melissa lee coming to you live from studio b on the desk tonight,time seymour. courtney garcia. and we start off with two paragons of the discretionary trade, falling from grace today, lululemon plunging 16 %, while nike down 7%, the worst performers on the s&p 500 today and both stocks down double digits. could today's move signal cracks are forming with the consumer ivory tower? tim, you brought this up. these are once the places you ant wanted to hide out. defensible motes. everybody loved these brands. >> right. well, i think they're still ivory tower brands, and i think that they're companies that are extraordinary in terms of the power of that brand, and the innovation they've even shown within respective parts of call it discretionary, the wellness part of sportswear, but i think if you look at first of all lulu, the question is really the question that i think we're asking about a lot of parts of the market, but most notably lululemon, what multiple are you putting on a company that kind of said, you know what, 24 from here on out might be difficult, the comps are diffic
i'm melissa lee coming to you live from studio b on the desk tonight,time seymour. courtney garcia. and we start off with two paragons of the discretionary trade, falling from grace today, lululemon plunging 16 %, while nike down 7%, the worst performers on the s&p 500 today and both stocks down double digits. could today's move signal cracks are forming with the consumer ivory tower? tim, you brought this up. these are once the places you ant wanted to hide out. defensible motes. everybody...
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Mar 12, 2024
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim see your, courtney garcia, dan nathan, and guy adami. it was oracle and nvidia that caught our eye, both surging and highlighting strength across generations of big tech. oracle's pop after earnings last night bringing gains to 20%. it's not the only veteran in rally mode. dell, hpe, ibm trading to all-time highs. after a two-day pause, nvidia jumping more than 7%, closing just off its record high. meta recouping yesterday's losses. so, is this a case of in with the old,in with the new, too? guy? >> i like that. apparently so. and we play this game a lot, but you know, with the move in the bond yields, up to 4.15, if you told me last night, what's going to happen to these stocks, they're all going to sell off -- especially the reversal we saw on friday. clear that didn't happen. however, to answer your question, you know, one thing i think we've done a good job on are these old tech names. we had ben on the show on march 4th, he talked abdel. t the good news
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim see your, courtney garcia, dan nathan, and guy adami. it was oracle and nvidia that caught our eye, both surging and highlighting strength across generations of big tech. oracle's pop after earnings last night bringing gains to 20%. it's not the only veteran in rally mode. dell, hpe, ibm trading to all-time highs. after a two-day pause, nvidia jumping more than 7%, closing just off its record high. meta...
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Mar 1, 2024
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. >> this is "fast money" with melissa lee here on cnbc.sfx: wind, rain and rolling thunder] [music up and under] ♪♪ crowd: get in! [crowd cheers] american announcer: justin rose has done it. british announcer: he's a 17—year old phenom. nobody's born with grit. british announcer: this is hard to watch. it's something you build over time. american announcer: that's 21 missed cuts in a row. [car trunk slammed shut] ♪♪ but creating a future only you can see, demands relentless pursuit. for 88 years, morgan stanley has offered clients the same determination and forward thinking that define justin rose's career. because the only way to reach your full potential... american announcer: rose, back in the winners circle. ...is to pair the vision of what's possible ♪♪ with the grit it takes to make it happen. [crowd cheers] to advance the future of golf, pga of america chose t-mobile for business. with a 5g powered innovation hub to analyze player performance and expand coaching tools. take your business further with america's largest 5g network. is
. >> this is "fast money" with melissa lee here on cnbc.sfx: wind, rain and rolling thunder] [music up and under] ♪♪ crowd: get in! [crowd cheers] american announcer: justin rose has done it. british announcer: he's a 17—year old phenom. nobody's born with grit. british announcer: this is hard to watch. it's something you build over time. american announcer: that's 21 missed cuts in a row. [car trunk slammed shut] ♪♪ but creating a future only you can see, demands...
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Mar 7, 2024
03/24
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. >> announcer: this is "fast money" with melissa lee right here on cnbc. welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that's why it's more than advice worth listening to. it's advice worth talking about. ameriprise financial. is it possible to count on my internet like my customers count on me? it is with comcast business. keeping you up and running with our 99.9% network reliability. and security that helps outsmart threats to your data. moaire dida twoo? - your data, too. there's even round-the-clock customer support. so you can be there for your customers. with comcast business, reliability isn't just possible. it's happening. get started for $49 a month. plus, ask how to get up to a
. >> announcer: this is "fast money" with melissa lee right here on cnbc. welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my...
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Mar 8, 2024
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i'm melissa lee coming to you live from studio b at the nasdaq, tim seymour, and rebecca patterson, former chief strategist at bridgewater. we start off with the market's gold rush, the precious metal soaring to a record high today, topping the $2,200 mark for the first time ever. it just notched its best week since october and is up 20% over the past year. the latest rally coming alongside bitcoin which topped $70,000 during today's session. ethereum also hitting a record. stock market ending on a down note. the nasdaq shedding a percent while the dow shed. what does this tell you about the strength of this market rally? rebecca, happy international women's day. >> you too. >> what do you make of this gold move? >> i think what we're seeing with bitcoin, gold and stocks today, they're skpleetly separate. there isn't one big macro factor driving this. in the case of gold, i'd highlight two main things. china and china. china's central bank put out data yesterday showing that they bought gold for a monthly for 16 months in a row. they're continuing to diversify reserves, that's not going to
i'm melissa lee coming to you live from studio b at the nasdaq, tim seymour, and rebecca patterson, former chief strategist at bridgewater. we start off with the market's gold rush, the precious metal soaring to a record high today, topping the $2,200 mark for the first time ever. it just notched its best week since october and is up 20% over the past year. the latest rally coming alongside bitcoin which topped $70,000 during today's session. ethereum also hitting a record. stock market ending...
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Mar 19, 2024
03/24
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i'm melissa lee, coming to you live from studio b at the nasdaq.the desk tonight -- steve grasso, karen finer man, dan nathan, and guy adami. >>> the s&p rising 0.6%. the nasdaq up 0.4%. we'll get to that in a minute, but first, new signs that the retail sector is ripe for some dealmaking. shares of nordstrom popping more than 9% after reporting of its founding family is looking to take the company private. this news coming after similar attempts six years ago was ultimately unsuccessful, but it is far from the only deal percolating in this consumer space. macy's saying it's agreed to open its books to potential acquirers. it and kohl's have attracted activist interest in weeks. and there's tapestry's deal for capri, which is expected to close later this year. and shares of american apparel giant gildan activewear popped after the board said it has several potential buyers for the company. is this just the start of a coming wave of m&a activity? t karen? >> it's a ton of activity. pa chin coe, which is a game probably before your time, but guy play
i'm melissa lee, coming to you live from studio b at the nasdaq.the desk tonight -- steve grasso, karen finer man, dan nathan, and guy adami. >>> the s&p rising 0.6%. the nasdaq up 0.4%. we'll get to that in a minute, but first, new signs that the retail sector is ripe for some dealmaking. shares of nordstrom popping more than 9% after reporting of its founding family is looking to take the company private. this news coming after similar attempts six years ago was ultimately...
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Mar 5, 2024
03/24
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i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, dan nathan, guy adami, and julie beal. >> apple dropping 2.8% today. they are down 14% from the record high hitless less than months ago. they have lost $450 billion in market cap. the latest catalyst weighing in on the stock, a report that found iphone sales in china plunged 24% in the first six weeks of the year. market share in the company's third-biggest market also falling. and apple's weakness today did seem to filter into the broader market. the nasdaq closing just above the 16,000 mark. the s&p and dow also down more than a percent. so, was this is the break in the market euphoria that some of the desk had been waiting for, before you answer that, i want to point out that nvidia and supermicro finished higher today. >> positive. extraordinary. >> so, what's the deal here, tim? >> well, if we're answering the -- the big, like, today, if you -- are you a brady bunch fan, guy? >> come on. >> who isn't? >> right, so, remember the marsha marsha m
i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, dan nathan, guy adami, and julie beal. >> apple dropping 2.8% today. they are down 14% from the record high hitless less than months ago. they have lost $450 billion in market cap. the latest catalyst weighing in on the stock, a report that found iphone sales in china plunged 24% in the first six weeks of the year. market share in the company's third-biggest market also falling. and...
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Mar 11, 2024
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i'm andrew ross sorkin along with joe kernen and melissa lee who is hanging out with us. becky is off today. look at u.s. equities at this hour. the dow right now offthe 80 points. the nasdaq is up 18 points. s&p is unch. it is up 1 point. >>> the treasury yields. two-year yield at 4.048. there is crypto. >>> another record. bitcoin reaching a new high above $71,000 this morning. look at the move. it has been a staggering move. $71,758 as we speak and climbing. crypto adjacent names, coinbase, et cetera, seeing gains. there is three days after ethereum breached the 4,000 mark. look at the crypto stocks. trading higher this morning. early this morning, i should say. coinbase and robinhood. we will talk to michael saylor at 8:30 a.m. today. we will ask why invest in the proxy when you can invest easily in the etf now? >> that's one of the big shifts. >> he's a brave man. >> he is a brave man. >> buying more bitcoin. >> that would be his argument. he is a levered bet on crypto. the stock is a leveraged bet on crypto and bitcoin in a way that you could go leverage. >> aside f
i'm andrew ross sorkin along with joe kernen and melissa lee who is hanging out with us. becky is off today. look at u.s. equities at this hour. the dow right now offthe 80 points. the nasdaq is up 18 points. s&p is unch. it is up 1 point. >>> the treasury yields. two-year yield at 4.048. there is crypto. >>> another record. bitcoin reaching a new high above $71,000 this morning. look at the move. it has been a staggering move. $71,758 as we speak and climbing. crypto...
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Mar 1, 2024
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excellent documentary last night by our own melissa lee. >> big shot. >> and lilly, i understand whenhey get, and it's going to happen this month, approval for the alzheimer's drug -- >> it's fueling so many different narratives,even within the mag seven, of course, because we talk so often about alphabet and whether they have made any number of missteps when it comes to generative a.i. or what threat that represents to their monopoly on search. we've talked about apple a number of times over the last couple days as well, not having it as of yet. what is to come from them? so, it colors all of the sort of perspective on many of these big companies, whether they're putting the numbers up or whether they're not and will or whether they're missing an opportunity. >> you have to find it in strange places. you find it in the dell quarter, which is jeff clark talking about these numbers that he didn't expect. barry's excellent conference call, the ceo of best buy, it's in this, blah, blah, blah, and someone asks her, what's selling well? the ray-bans. zuckerberg's ray-bans. i knew they were
excellent documentary last night by our own melissa lee. >> big shot. >> and lilly, i understand whenhey get, and it's going to happen this month, approval for the alzheimer's drug -- >> it's fueling so many different narratives,even within the mag seven, of course, because we talk so often about alphabet and whether they have made any number of missteps when it comes to generative a.i. or what threat that represents to their monopoly on search. we've talked about apple a...
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Mar 8, 2024
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them here at cnbc and other locations, too, that really point out how you can call up a doctor -- melissa leel up a doctor and for nine minutes, you don't fit chr charact characteristics and you can be prescribed these drugs. what happens to the drug companies if there is abuse? are they going after this with the blowback or side effects? >> i think they are worried about the fact that there has been a shortage of the medication as well. we know that there are over 100 million people in the united states that qualify for treatment of the disease of obesity. we want to get it in the hands of the right people at the right time with the right wrap-around care services to provide the best long-term outcome. again, this is an issue in our country. obesity treatment is not a standard benefit on the insurance plans. we have a treatment where 60% of the time, this can help people with obesity to put the disease in remission, but we are not able to get it in their hands for various reasons. it is highlighting the fact this is something we need to pay attention to in the united states and more action t
them here at cnbc and other locations, too, that really point out how you can call up a doctor -- melissa leel up a doctor and for nine minutes, you don't fit chr charact characteristics and you can be prescribed these drugs. what happens to the drug companies if there is abuse? are they going after this with the blowback or side effects? >> i think they are worried about the fact that there has been a shortage of the medication as well. we know that there are over 100 million people in...
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Mar 16, 2024
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away from the election, and that is going to be here before we know it, unfortunately. >> melissa redmon, amy lee copeland, thank you so much for joining us. >> thank you. good night. >>> coming up, a former trump aid could be headed to prison next week and contrary to what donald trump says, prosecuting and convicting former leaders accused of serious crimes is wait for it -- totally normal and just, at least in other advanced democracies, so is america just bad at this? we will discuss next when the trump indictments return. ne att. treat and prevent, all in one. don't take if allergic to nurtec. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. relief is possible. talk to a doctor about nurtec odt. my moderate to severe plaque psoriasis held me back... now with skyrizi, i'm all in with clearer skin. ♪ things are getting clearer...♪ ( ♪♪ ) ♪ i feel free... ♪ ♪ to bear my skin, yeah that's all me. ♪ ♪ nothing is everything ♪ ( ♪♪) with skyrizi, 3 out of 4 people achieved 90% clearer skin at 4 months. and most people were cle
away from the election, and that is going to be here before we know it, unfortunately. >> melissa redmon, amy lee copeland, thank you so much for joining us. >> thank you. good night. >>> coming up, a former trump aid could be headed to prison next week and contrary to what donald trump says, prosecuting and convicting former leaders accused of serious crimes is wait for it -- totally normal and just, at least in other advanced democracies, so is america just bad at this?...
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Mar 16, 2024
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away from the election and that is going to be here before we know it unfortunately. >> melissa red monday, amy lee copeland, thank you so much for joining us. >> thank you. good night. >>> coming up, a former trump aid could be headed to prison next week. >>> and contrary to what donald trump says. prosecuting, convicting, even the former leaders accused of serious crimes, wait for it, totally normal and just. at least in other advanced democracies. so is america just bad at this? we'll discuss with congressman jamie roskin next when the trump indictments occur. wondering when it would pop up next was stressful doing a number on my insides. but then i found out about velsipity a new once-daily pill, not a steroid or biologic, for adults with moderate to severe uc. velsipity can help calm the chaos of uc — it quickly treats flares providing a chance for lasting steroid-free remission. don't take velsipity if you've had a heart attack, chest pain, stroke or ministroke, heart failure in the last 6 months, irregular or abnormal heartbeat. velsipity may cause serious side effects including infections t
away from the election and that is going to be here before we know it unfortunately. >> melissa red monday, amy lee copeland, thank you so much for joining us. >> thank you. good night. >>> coming up, a former trump aid could be headed to prison next week. >>> and contrary to what donald trump says. prosecuting, convicting, even the former leaders accused of serious crimes, wait for it, totally normal and just. at least in other advanced democracies. so is america...
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Mar 31, 2024
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melissa. >> they were running around with donald trump, marla maples. lee majors.xtravagant trips. >> reporter: gary helped pam launch and astrology website. >> what did you say? >> reporter: heather and bryan said those new babies brought them closer to their new up the mother. >> we grew to like her. then love her as a step mom and mother of our brother and sister. >> she was great. she was very sweet. i think also being a girl, you know, she helped me fix my hair or get some clothes or new purses, shoes, things like that. girly stuff. >> reporter: but by the early 90s , gary's fortunes had faded and with them his marriage to pam. they were done after just seven years. >> he said that once, you know, i can understand i just don't have the money that she was used to us having. >> reporter: pam moved to aspen after the divorce and the once happy couple started fighting over just about everything. >> there was an ongoing legal battle over the child support and she wanted it increased. and she was convinced that he was hiding assets and he used the bankruptcy to shie
melissa. >> they were running around with donald trump, marla maples. lee majors.xtravagant trips. >> reporter: gary helped pam launch and astrology website. >> what did you say? >> reporter: heather and bryan said those new babies brought them closer to their new up the mother. >> we grew to like her. then love her as a step mom and mother of our brother and sister. >> she was great. she was very sweet. i think also being a girl, you know, she helped me fix...