charlie is mike seymour. branch five, _ charlie is mike seymour. five, continued the direct and indirect lines coming around the horn_ indirect lines coming around the horn into alpha and then we are standing up charlie today, trying — are standing up charlie today, trying to — are standing up charlie today, trying to stitch charlie together and figuring where we can go— together and figuring where we can go as — together and figuring where we can go as direct as possible. delia — can go as direct as possible. delta is _ can go as direct as possible. delta is brad. the ride in for the trainees is chris. thank you. — the trainees is chris. thank you. chris _ the trainees is chris. thank you, chris. same story for branch_ you, chris. same story for branch ten, direct as much as possible. _ branch ten, direct as much as possible, the priority is the mount_ possible, the priority is the mount wilson area and also protecting those at risk on the mountain— protecting those at risk on the mountain and trying to figure out stitching together direct and ind

on the desk tonight -- tim seymour, bob that win eison, guy adami, and mike khouw. >>> shipments from apple to china dropping 17%, with a whopping 25% in just the fourth quarter. that was apple's worth yearly decline ever. and put it into third place behind vivo and huawei. the stock falling over 4% today for its worst day since august. it's now lost nearly 9% already in 2025 making it by far the worst performing mag seven stock. analysts on wall street have been getting a bit more bearish. a rare sell rating was issued on the stock, slashed its price target, saying apple could fall 18% from here. the biggest concern, tariffs. and with president-elect donald trump just a few more days from returning to office, could that threat just be starting? i guess at the heart of this whole thing is there more pain ahead? >> you know, there's an interesting word in the english language. swashbuckler. >> usually associated -- >> pirate. >> yeah, see, tim nows? knows. >> yeah. >> to make a call like that, in the midst whooch was --of every a ing move. >> i agree. i arts s ort of admire it. we've s

seymour, carter. >> wirth, steve. >> grasso and. >> mike co. but we are going. >> to start with. >> the ai apocalypse. maybe question mark. >> china's deep. sea ravaging names like nvidia, broadcom. amd. >> palantir, microsoft. >> after its. r1 reasoning model reportedly. >> outperformed openai. >> and cost less than. $6 million. >> million with an. >> m to. >> design now. >> nvidia losing nearly $600 billion in market cap just today. that's the largest single. >> day loss in dollar terms ever. >> that's more than the total valuation of names like mastercard. unitedhealth and exxonmobil. the nearly 17% drop in flagship. >> ai. >> stock was its worst day since march 2020, and sent it below its 200 day moving. average for the. >> first time. >> in over two years. the move in big tech dragging the broader markets down with it. the nasdaq seeing its worst day since december 18th. the s&p down percent and a half. remarkably, the dow managing to end the day. in the green. our deirdre bosa joins us now for more on how a company few people had heard of