nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... looksoutside analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. . >>> s&p 500 trading just shy of a record high. our next guest sees potential headwinds brewing under the surface. joining me, jeff degraaf, renaissance chairman and head of research. what are the problems we need to be aware of? >> i think it's the characteristics of the market and the leadership. we've seen a distinct shift away from tech and toward more defense. we could get even more broad and say defense versus cycleality. and the seasonals tend to soften. during election years, it's tumultuous, whether before the election or not, it generally tends to be a tough environment. the other thing i think is important, scott, when we went back and looked at the first fed rate cuts in every cycle, and there's been

downloaded eight hours of true crime stories just during our last video call i'm learning a lot nate jonesto outside analysts to get a second opinion. nate likes what he sees... and he places the trade... talk about easier investing. -cologuard®? -cologuard. cologuard! -screen for colon cancer. -at home, like you want. -you the man! cologuard is for people 45+ at average risk, not high risk. false positive and negative results may occur. ask your provider for cologuard. ♪ i did it my way ♪ while i am a paid actor, and this is not a real company, there is no way to fake how upwork can help your business. upwork is half the cost of our old recruiter and they have top-tier talent and everything from pr to project management because this is how we work now. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley power e*trade's easy to-use tools make complex trading less complicated. custom scans can h

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... lookst he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. >>> all night i've been warning you about the dangers of being a follower. there is a good chance it won't play out as expected. it is already priced in. that is what we call priced in and that is why you need to be extra wary of the ipo cycle. let's go over this. we've seen the pattern over and over again. very few of them explode higher and at the same time they are flooding the market with a new stock supply. i've set a million times the stock market is like any other market. it is all about supply and demand. too much supply and prices are going to be lower. the problem is when ipos make people fortunes, you get a palpable sense and then when the deals start attracting less interested turns into hostility and then the home market, not just the ipos, tends to get sl

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a secondnion. nate likes what he sees... and he places the trade... talk about easier investing. >>> welcome back to "the exchange." kamala harris is now officially the democratic nominee for president, having formally accepted in a speech last night. our eamon jabbers have the highlights julia boarston has a look at the role that social media influencers are playing in the 2024 election, and eomon, we kick it off with you >> dom, that's right the democratic party did this week what a lot of people thought a month ago was impossible,they united the party, energized their political base, and they've swapped out their nominee in just one month's time a lot of folks thought that simply wouldn't be possible. but they were able to execute and really get that enthusiasm going among the base through the course of the week here's what kamala harris said last night in terms of her approach to the economy. >> i will bring together labor and workers and small business owners and entrepreneurs, and americ

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second likes what he sees... and he places the trade... talk about easier investing. gentleman more bad news for boeing and this time it's the 737 max and it's not to blame for if. they are tumbling after finding issues with the long delayed 777-x jet. phil lebeau has all the details. >> dom, this is a story that came out late yesterday afternoon. we want to show you the 777-x because a few people said the 777 there are a bunch in service. are those the issue? we are talking about the stretch version of the 777 that is in flight testing right now. this is what it looks like and it has been in flight tests for some time. during one of those tests over the last couple of days with the faa test evaluators on board they discovered a problem with a thrust link which is essentially what uses the power from the engine to propel the plane going forward. it's not a mechanical part, not part of the engine but it is crucial. there is a redundant one on the plane so the plane was able to land but they d

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... looks to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. >>> welcome back to "fast money." we've got another earnings alert. this one on crowdstrike. shares are up after the company beat on the top and bottom lines. first report since that global outage back in july. steve kovach has the very latest. hi, steve. >> yeah, tyler, maybe this one not as bad as feared. we're seeing shares up, like you said, about 4%, following the beats on the top and bottom line. but the more important thing, we got new financial information on the i.t. outage in july. cr crowdstrike said it caused a 2 cent hit, and expects a $30 million hit over the next two quarters. as for the top and bottom line results, these comparisons do not include the outage impact. revenue, $964 million, street wanted $985 millio

visit indeed.com/hire nate jones... steps up to the mirror... lines things up... towels off... checksy app... looks to outside analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. for as little as $1, with no commissions. here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine, like google, but it's r and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies and creepy ads that follow youa and other companies. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. a company spun out of kellogg's last year. >>> and brinker international falling about 10% on weak guidance for the full year, on top of some disappointing quarterly earnings result. kevin hochman will

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade... talk about easier investing. >>> eric jackson is looking to buying a megacap name he sold just in july. welcome back. good to see you. you don't feel like being out of amazon that long, i guess. why? >> my favorite three, scott, in the mag 7 are apple going into the iphone upgrade cycle, then meta. they're really the first poster child is somebody who is making money hand over fist, and then, of course, nvidia, the godfather. after that, it is amazon. i did sell out of it after july, but it's darn cheap, on a five-year basis, it's trading at all-time lows. nothing was really wrong with the quarter they just reported a couple weeks ago, so i think they are definitely one that's on my radar, and i plan on adding probably in a few week as we get closer to the next tech earnings season. >> we can't get to the next before we get out of this one. we still have to consider nvidia soon. how do you see that? >> it's the most import

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... lookside analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. . >>> welcome back to fast money. intel shares topping. logging in their best day since october 2022 on news that the chip maker is in talks with bankers, including morgan stanley to address weakness in its core business. earlier this month intel announced they will layoff 15,000 workers after a disastrous earnings report. it sent shares plunging. wow, what do you make of it? >> right. the key s the data point you cited of course is that plunge on earnings, trade 300 million shares, dropping from 30-20. spent the entire month of august going absolutely dead flat. a massive re-rating and a tight consolidation. you are talking a stock that is valum of 50. a big thrust higher with the gap. what i would do is sell puts. t

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... looksts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. >>> welcome back to "the exchange." a lot of corporate stories and consumer themes today. we have all the headlines and some trades, as well. kellanova, shares up 8% after mars agreed to buy it for nearly $36 billion, including debt. it's one of the largest deals the industry has ever seen. peter galvo is here to discuss. peter, welcome back, with tim seymour who joins with us his trades today. peter, why this deal for this sum at this moment in time? what's really going on here? >> yeah, thanks, kelly, for having me on. look, i think for mars, it's truly the culmination of their efforts to become a much larger snacking company. again, this is a large, private company that's looking to expand outside of the confectionary or cho

make now the future at godaddy.com/airo nate jones... steps up to the mirror... lines things up... towels analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. ♪ >>> welcome back. time for today's three-stock lunch where we look at starbucks, eli lily and jetblue. here is scott nations. let's start with starbucks, up today on reports that the investor starboard value has added a stake. elliot management in that stock. wells fargo optimistics on boths potential. are you confident? >> no, i'm not confident. this is a hold. starbucks is a hold. you don't want to be the focus of activist hedge funds. starbucks is the focus of two. the latest one is starboard being the one's that told olive garden to salt their pasta water. they want the company to make changes to boost the stock price. instead the company has reduced guidance two times. it's down 20% year to date. same store sales

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a secondes what he sees... and he places the trade... talk about easier investing. >>> welcome back to the exchange. toll brothers is set to report results after the closing bell tomorrow. those shares are up more than 70% over the past year. our next guest sees 16% more upside ahead. and what he calls the foundations for a home builder rally. despite all the recent negative data on the economic front and elsewhere. joining me is yawn luvallo, this is a scenario developing where we're going to get real world case study type material on how the real estate market and housing market and home builders respond to a possible lowering of interest rates even with valuations for homes really sky high from where they were pre-pandemic. what are the expectations for the people who actually build the homes versus the ones who are selling their existing ones? >> thanks for having me. i think it's a really interesting question, and equally as interesting time in the home building industry where the public

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second likes what he sees... and he places the trade... talk about easier investing. >>> good tuesday morning. welcome to another hour of "squawk on the street." i'm sara eisen with carl quintanilla. we are live from post nine of the new york stock exchange. david has the morning off. take a look at stocks we're building on the rally now. nine days in a row. s&p up 0.2%. the nasdaq also is leading here up a quarter of a percent. dow down 38 points. what's taking us higher? health care up 0.75%. eli lilly a big part of that story. you heard from the ceo. stock up 4.7%. communication services rallying, consumer discretionary, technology, utilities and materials. those are all your green sectors. energy, real estate and financials are lagging today. take a look at treasuries right now where we've seen this continued rally happening again today. 10-year yield 3.8%. expectation the fed cuts in september in a few weeks. 30 minutes into the trading session. here are three big movers we're watching

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... lookstside analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. >>> 19 and a half minutes until the "closing bell." get this, the liquid cooling industry is heating up and the boom in the semi space could be to thank. the cooling space, heating up, pippa stevens here, with the details i suspect this segment will probably mention the word water at some point. >> yeah. traditional air conditioning systems are no match for gen ai chips like those from nvidia given how much heat they're generating. and as they hit the market the liquid cooling industry is taking off and companies are vying for a piece of the pie. vertive, nvent and schneider are key players. none of them have made a big splash in liquid cooling, but it's a natural extension of their business model, trane, johnson co

. ♪♪ ♪♪ ♪♪ ♪♪ nate jones... lines things up... checks his fidelity app... looks to outside analysts tohat he sees... and he places the trade... talk about easier investing. >>> welcome back, "fast money. fed chair jerome powell signaling a rate cut could be coming in september, the dow gai gaining 462 points, the nasdaq surging nearly 1.5%. fedex shares, trucking higher for the tenth straight session, that's the transport's longest winning streak since an 11-day run in october 2013, and meta shares dropping after the tech giant cancelled plans for a high-end mixed reality headset that would have been a competitor to apple's vision pro. and bitcoin jumping nearly 5% today as investors bet on a rate cut in september and as wyoming's ramp up its crypto push for consumer payments, and this just in, cnbc.com reporting intel hiring morgan stanley and other advisers to defend itself against activist investors in the moment there is no new campaign against the company however, activism has been definitely on the upswing recently, especially as it often tracks the market, feels like if there is

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second the trade... talk about easier investing. dave's company just scored and he places the trade... the comcast business 5-year price lock guarantee. high five! high five! -i'm in a call... it's 5 years of reliable, gig speed internet... five years of advanced security... five years of a great rate that won't change. yep, dave's feeling it. but it's only for a limited time. five years? -five years? introducing the comcast business 5-year price lock guarantee. powering 5 years of savings. powering possibilities. - there's no book with all the answers when it comes to raising children, but any book can give them a head start. studies show that reading to your kids ten minutes a day can improve their memory and concentration. so pick a book--any book-- and read. >>> welcome back to "fast money." time for our calm of 9 day. piper sandler downgrading a slate of 12r5u7b9s stocks on a softening outlook. sweetgreen and dutch bros: . downgraded. on the flip side you have mcdonald's breaking out to

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a secondion. nate likes what he sees... and he places the trade... talk about easier investing. >>> welcome back to "power lunch," i'm kate rogers. nebraska voters will choose between two abortion-related amendments at the ballot box this fall. one amendment would protect the right to abortion until fetal viability, while the other would ban most abortions in the second or third trimester nebraska currently bars abortion after 12 weeks of pregnancy. it comes as part of a wider push across the country with ten states certifying ballot measures this fall in the wake of the reversal of roe v. wade the u.s. will offer free at-home covid tests again starting in late september americans will once again be able to request four free tests at covidtest.gov, according to the biden administration it comes as a summer wave of cases hits the country and a day after the fda green lit updated covid-19 vaccines. >>> and meta is reportedly canceling plans for a premium mixed reality headset that was intended t

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a secondon. nate likes what he sees... and he places the trade... talk about easier investing. >>> welcome back to "power lunch." democrats kicking off their four-day convention in chicago today. that they hope will boost vice president kamala harris' chances for the white house in november. this event comes less than a month since she rose to the top of its ticket, replacing president joe biden. he is scheduled to deliver the keynote address tonight, passing on the torch to harris. other top democrats like former president barack obama, bill clinton, are expected to speak throughout the week. joining us for what to watch is ed mills, washington policy analyst. it's nice to see you. >> great to be here. >> what do you envision harris' message to be on the economy, what will she lead with? and will she find opportunities to break from president biden on certain policies? >> yes, it's really been interesting because since the start of her ascension to the top of the ticket, we have not gotten a

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... looksge? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. >>> welcome back to "fast money," everybody. the dow closing at a fresh record high, now up nearly 9.5%, i guess for the year, but the rest of the averages finished the day lower, as you see right there. slight losses, but losses nonetheless. the s&p dropping nearly a third of a percent. the nasdaq falling more than 150 points. that's about 0.8%. wti crude jumping 3.5% today, amid some renewed tensions in the middle east. after nearly breaking below $70 last week. the commodity spiking to more than 77 bucks. kind of in between 70 and 80 for much of the summer. this on reports of a production halt in libya, as two rival governments compete there, as well as strikes between israel and hezbollah over the weekend. >>> well, the markets seem to be waiting now for nvidia. the tech giant set to

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... lookson. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. >>> few things in this business are more satisfying than outfoxing the short sellers who bet against one of your favorite stocks that then runs higher breaking free of the negative rap, shedding the shackles of poor performance. ♪ hallelujah ♪ that's how i feel about best buy, the consumer electronics chain that reported much better than expected sales this morning defying the predictions of those who called me a moron when we bought the stock for the charitable trust. they said we were buying the next circuit city, a flameout from yesteryear destroyed by amazon. after this excellent quarter i think it's all coming together for best buy because the quarter had what's known as better than expected cadence, key word cadence, meaning sales improved into

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... looksa second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. for as little as $1, with no commissions. here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine, like google, but it's r and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies and creepy ads that follow youa and other companies. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. >>> welcome back time for today's "three stock lunch. here with our trade is sylvia jabloyski, co-founder of defiance tesla we have shares of deere jumping higher after the company posted a beat for the third quarter despite slowing numbers. s

nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second investing. >>> let's bring in steve liesman on the phone from jackson hole with some reaction to those job revisions. steve, market initially took it as fairly dovish, historically, though, it is a pretty good revision, right? >> yeah, you've got to go back to 2009 to find a bigger downward revision here. it looked like in '09, they went down by what's the number here, minus 824. so that's slightly smaller than that. that, of course, was a time when the economy was in free fall. it's not when you parse it out over the 12-month period, again, this is the 12-month ending in march of 2024, so it's a little unclear what it means, how well it is for today's jobs numbers. but it comes up to 68,000. so essentially, what we were doing, instead of doing two 50-average, where we were doing 185 to 200,000 in that zone, it depends a little bit. they'll parse it out over the months in february. this is the total for the year ending march 2024. jobless claims have been running relatively low. remem

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... looksalysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. business. for as little as $1, with no commissions. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities. with fatigue and light-headedness, i knew something was wrong. then i saw my doctor and found out i have afib, and that means there's about a 5 times greater risk of stroke. symptoms like irregular heartbeat, heart racing, chest pain, shortness of breath, fatigue, or light-headedness, can come and go. but if

visit indeed.com/hire nate jones... steps up to the mirror... lines things up... towels off... checkstside analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. zbleez welcome back to "squawk on the street" i'm silvana henao with your cnbc news update. israel launched an attack in the west bank. a military spokesperson called it the first stage of a bigger operation. the pentagon said a greek flagged oil tanker attacked by houthi rebels appears to be leaking oil. the houthis released this video showing the attack last week. the tanker is said to be carrying a million barrels of oil but rebels have threatened to attack two tugs sent to help salvage the tanker. >>> and the washington commanders are renaming the stadium, now known as northwest stadium after reaching a naming rights deal with northwest federal credit union. terms of the deal weren't disclosed. it's been known a

nate jones... steps up to the mirror... lines things up... towels off... checks his fidelity app... lookstside analysts to get a second opinion. nate likes what he sees... same page? -[ dog barks ] and he places the trade... before anyone hears him talking to himself. [ dog whines ] buy u.s. stocks and etfs for as little as $1, with no commissions. talk about easier investing. my fear of recurrence could've held me back. but i'm staying focused. and doing more to prevent recurrence. verzenio is specifically for hr-positive, her2-negative, node-positive early breast cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. verzenio reduces the risk of recurrence versus hormone therapy alone. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an antidiarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threaten