without having you here at the new york stock exchange. >> let's get to closing bell. >> better than with a shortened day. the major indexes a new report showing equities capturing

january rally but we will have to wait. >> we are approaching the closing bell here on the new york stock exchangeand many service men and women on the podium, and some of them are making their way toward the front of the exchange here now, as we have everybody here, men and women in uniform we will watch them at the close today. back to the conversation home builders, one of those spots today, to keep an eye on >> they are. and so you know, direct beneficiary of any relief in rates, down to 7.5% on 30-year fixed mortgages and dr horton, good numbers even after they bounced hard off the lows. it's one of these groups where we know that there is sort of structural advantages, we think that more capital discipline may have happened, and very similar really to energy companies, and airlines, where it is like no, no, it is different this time. they are not going to actually succumb to the boom/bust dynamics so far, so good. in terms of them, and reasserting a little bit of a leadership position. ironically in the overall housing market, existing inventory, it may not be great for home builders but pro

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we're live from the new york stock exchange you're watching "closing bell" on cnbc. together, we built something truly beautiful. it takes years of dedication to get to this milestone. the new york stock exchange is a symbol of what america is all about the potential of an american dream. it is day one. a lot of work has happened to lead to this historic moment. the only way you can move a society forward is a true expression of freedom. ♪♪ i was on a work trip when the pulmonary embolism happened. but because i have 23andme, i was aware of that gene. that saved my life. >>> welcome back stocks taking a breather, but it has been a big year, especially in tech. so what's in store for the new year let's bring in liz ann sonders now. good to see you. welcome back >> thank you, scott. happy thanksgiving. >> yes, same to you. i'm sorry i missed you as well at impact. but -- >> yeah, ditto >> do it next year. >> that nasty covid thing. >> it is good to have you back >> thank you >> i'm looking at the notes. you say that it doesn't yet look like a durable new bull market tha

last year didi was forced off the new york stock exchange last year but that is now changing according to the blue shirt group which advises as nurses on how to list in the us and china. interestingly there has been a flood of chinese companies that are enlisting in the us and they have been relatively invisible because it is has been very small companies. i would say companies with 100 million and under market cap raising five, ten, $20 million, most people don't know that over a0 companies have listed this year in the united states. the big difference is that those micro caps, as we call them but the big companies have not been coming on board yet. we had one large ipo deal at the beginning of 2023 a lidar company but other than that most of them sit on the sidelines and wait for the right market conditions. and what benefits do these companies get from listing in the us? it's beneficial only for a certain type of company, a global player. any company and typically they fall in the category of tech companies that can also be consumer companies or, possibly, energy companies. if they

without having you here at the new york stock exchange. >> let's get to closing bell. >> better than school the, indeed get better. welcome to closing bell. the final hour of trading comes with a shortened day. the major indexes a new report showing equities capturing. this brings us to our top.. test the risk of sentiment of november bode well for the duration of the holidays? stores have too much optimism that leaves the market vulnerable to even the tiniest bit of disappointment. for that, let's ask dan greenhouse. thank you for being here. happy things giving. >> does this have staying power? >> i think so. it has been a really strong rally of october 27, 10+ percent. this has only happened a couple of times. you may think over a short period of time the market maybe in a period of digestion or a pullback. by the time you get out six months the market is up 330 points more than your average occurrence. usually this is followed up by a stronger performance. >> the driver of that is momentum. what happens if it goes the other direction? >> if things go bad, the markets will go down.

remember, just last year, chinese ride—hailing giant didi was forced off the new york stock exchange.g? well earlier i spoke to gary dvorchak from the blueshirt group, which advises businesses on how to list in the us and china. interestingly, there's been a flood of chinese companies listed in the us. they have made relatively invisible because it's small companies. so, i would say companies that would be under 100 million and under market gap raising five or ten or $20 million, under market gap raising five orten or $20 million, most people aren't realising over a0 companies have listed in the us this year. the biggest deal is those are the micro caps, as we call them, that the big companies have not been coming to market yet. we had one large deal at the beginning of 2023, but other than that most of them have been sitting on the sidelines waiting for the right market commissions. find sidelines waiting for the right market commissions. and what benefits to _ market commissions. and what benefits to these _ market commissions. and what benefits to these companies i market commission

the new york stock exchange says they are prepared to deal or two we work, off the back of the news that filed equity protection in the united states for the once valued at $47 billion we work expanded rapidly the struggled under the weight of a huge debt pile and faced criticism of his business model and management style. the companies co—signer adam newman said it was disappointing but critics said he over said the oversold wework as a technology player when it was a proper business with argue mr mr neumann was a dynamic charismatic leader that successful startu ps charismatic leader that successful startups need. charismatic leader that successful startu ps need. a kultur coach successful startups need. a kultur coach who works with the founders of startups and small businesses gave me her appraisal on adam neumann�*s leadership. i appraisal on adam neumann's leadership-— leadership. i would say it something _ leadership. i would say it something i _ leadership. i would say it something i recommend| leadership. i would say it - something i recommend founders adopt neumann style althou

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and what it means for potential recession and for the markets, too. >> we're live from the new york stock exchange. you're watching "the closing bell" on cnbc. ♪ ♪ all right, tandy, what's it gonna be, the drink made from whatever was laying around, or the one made with your drizzly haul? drizly! stock up today, sip well, tomorrow. drizly. the power goes out and we still have wifi stock up today, sip well, tomorrow. to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> we are back after fed governor chris waller signaled possible rate cuts if inflation continues to fall the way it has. the commentary comes two weeks before the fed's next approximately see meeting. here to discuss is evercorp, roger altman. i hope you had a nice thanksgiving. >> i hope you did, too. >> thank you. what's powell's next move, do you think? is there

there's a couple that is relisting from the new york stock exchange at the end of the month called case new hollands. the stock is 1.3 billion shares. john deere is selling at 360 with a couple hundred million shares, 300 million shares of 288. i forget the number. bottom line, we think you're going to double your money. short term the stock is delisting and certain entities can't own it. >> i mean, for those people who aren't familiar with the stock, they make heavy machinery. it's john deere-type stuff. >> case new holland, when i was a rookie analyst, i would visit them in wisconsin. they then relocated down to houston. going back to one more dynamic. advertising. you asked me about it. you're going to have a tsunami in political advertising in 2024. i'm asking every viewer to tribute to their favorite politician because they're going to spend it on my advertising on broadcasting stations. >> he's got an ax to grind. >> including cnbc. so, brian, if he's listening, comcast will do well. what tv stations will benefit? tenga has been buying stock back, they're down to under 200 million

i'm scott wapner live from post 9 here at the new york stock exchange. this make or break hour begins with stocks on the run big time and apple earnings just ahead in just a few minutes, star analyst dan ives will tell us what is likely to happen, how shares could react. your score card about 60 minutes to go in regulation, that post-federally going strong. the s&p now going for its fourth straight positive day, been a nice broad move, every sector today on the upswing. take a look at how much green is on the map today. small caps, they're sizzling. the russell, 2.24%. the nasdaq going for its best week of the year as megacap tech is mostly higher and even some of the growthier tech names like palintir, roku and shopify here. interest rates are a major story. look at the ten-year yield as well, it continues to fall. take a look, $4.67, right around the lowest level in about three weeks. it takes us to our talk of the tape. the critical apple report, questions about the iphone and china looming large and just the shares have started to climb again. is the

i'm scott wapner from post 9 at the new york stock exchange.an the runway for the rally go? just to the end of the year as some are suggesting or can it go much further? we'll ask our experts this hour including pimco's erin browne who unveils her 2024 playbook in just moments and in the meantime the scorecard with 60 minutes to go in regulation looks like that and it's mixed and not as good as it was and the most active part of the day was just before lunch and that's when the fed's chris waller

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i'm scott wapner here at post 9 here at the new york stock exchange. in just a bit we will be joined by jan hatzius who will reveal his outlook for 2024 here on our set today, and he will tell us where he thinks stocks will rate in the year ahead. in the meantime this make or break hour will begin with a reluctant bear no more. a top cio changing his tune on stocks and he'll tell us why in just a moment. here's your scorecard with 60 minutes to go in regulation and they're trying to extend their winning streak in two years and you can see we have a lot of work to do, crude falling further today, take a look. there's the xle and there's wti below 76 and a mixed picture with the mega-caps and there you see most green and we do have amazon modestly in the red and the apple run continuing today. as for yields mostly lower today as well and we'll show you the treasury curve there and you have the 10-year at 4.52. the road ahead for stocks and if it is time to get more offensive in the market. let's ask sebastian paige at post 9 and you are the reluctant bea

building homes for heroes held its annual fund raising gala at the new york stock exchange. you to see the highlights and introduce you to the latest injured veteran to receive a mortgage-free home thanks to the generosity of donors, and that includes many of you, our viewers. pulte group, one of the biggest sponsors, they played a special role. they and other home builders having a day the in the green today. big moves anywhere from 1% to 3.75%. we're coming right back. ♪ when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's yours free, just for calling the number on your screen. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free, and there's no obligation. you see, medicare covers only about 80% of

merrill wealth management lindsay hans here to make her case we're live from the new york stock exchange and you're watching "closing bell" on cnbc. together, we built something truly beautiful. it takes years of dedication to get to this milestone. the new york stock exchange is a symbol of what america is all about the potential of an american dream. it is day one. a lot of work has happened to lead to this historic moment. the only way you can move a society forward is a true expression of freedom. ♪♪ ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. >>> welcome back stocks lower investors deciding this week's cooler than expected inflation data clears the path for the market joining us is lindsay hans, president and cohead of merrill wealth management

carl quintanilla back with me at post nine of the new york stock exchange today the ceo of the las vegas grand prix, more than $1 billion of economic value expected to be brought to this city >> huge news will be all over it, sarah. meantime, a softer than expected inflation print. ppi with its biggest drop since april of 2020 targets the top s&p gainer on pace for its best day since 2019 what do the results say about the consumer going into the key holidayen and how does this shape the market narrative we'll talk about that. >> then, microsoft unveiling its new ai chip. the stock rallying more than 50% this year to a new all-time high we are live in redmond, washington, at microsoft headquarters >>> but let's begin with the market, obviously adding some gains to yesterday's monster rally on the back of that softer than expected cpi data today it's about the ppi print, which also came in a little bit cool 4519 is definitely a 10% bounce off of the october 27th lows what is the next hurdle for the market to clear? let's bring in our cnbc senior markets commentator, mike santoli, where the

. >> and you are looking live at the big board at the new york stock exchange.ext. down to the final two. >> what gary, the golden bachelor saying about the last two women vying for his heart. and stay with us on the abc7 bay area streaming app at seven for abc seven at seven. we're live every weekday from 7 to 8 a.m. download the app now wherever you stream. >> 640 to take a look at this live picture from santa cruz. it's a beautiful sunrise. we have here under dry conditions that will change this afternoon as more scattered showers move into the forecast. the reason why this low pressure is finally on the move over the next 36 hours, it's going to move into northern california, all because this cold front is going to kick it into motion. and that swings through here late tomorrow night. and that will create clear conditions by sunday. but if you're traveling today, taking to the skies, we have a dry morning across all of our bay area airports, but showers are in the forecast this afternoon and this evening. some of the hubs across the country, boston, new york

. >> you're looking live at the big board at the new york stock exchange.her update on how the markets are doing next. plus i don't know what you waiting for. >> cough it. >> you excited? >> stunning and silver. the star studded premiere for beyonce's renaissance concert film. and stay with us on the abc7 bay area streaming app at seven for abc seven at seven drew royalty dress up every year as the golden girls and put us put on live shows all month this morning all four of san francisco's golden girls will be here in studio that is coming up next. we are live every weekday from 7 to 8 a.m. so please download the app now wherever you stream. >> here's a check on our chilly morning weather frost advisory remains in effect until 9 a.m. for the north bay valleys where temperatures have already dropped a little bit below freezing in some spots. as we look out over san francisco from sutro tower, 48 degrees here in the city, but only upper 30s at oakland and mountain view, 40 and san jose, 33. palo alto, half moon bay. the warm spot at 54. looking across the emb

taking a live look at the new york stock exchange as trading gets underway this morning. you can see we're down about 15 points. >> who could be the next superstar to light up the las vegas sphere? well, the businessman behind the venue is hoping it could be this entertainer. he the everybody according to the new york post, the executive chairman of the sphere, has been talking to beyonce's team about a residency. u2 is currently performing there. their run ins, early next year. and apparently beyonce's mother and jay-z have taken separate tours of the venue. her team is reportedly asking for $10 million to produce a high tech show, which is about the same amount. the sphere is paying u2. well, now, was this always going to be the visuals? >> am i still stuck on the visuals? >> still, she said, we are the visuals. yeah. >> and we are the visuals. >> we need to let it go. >> maybe, but could this really be the visuals? >> you want some visuals? >> i'm just blown away by this. >> this was first reported to me by drew tumor at a at 345 this morning. >> yes, very early on. >>

inflation report is good for consumers and a look right now at the big board live in new york from the new york stock exchangeer update on the markets next. >> and stay with us on the abc seven bay area streaming app at seven for abc, seven at seven. we're talking about a few angles about apec that we haven't covered yet. plus, abc's deborah roberts joins us live to talk about her new venture. and we have a comedian joining us oh, also we're going to learn to make pizza and kumasi is going to pick up a blowtorch. >> it happened in her and she actually had that flame on a little too long. oh, everything's fine. everything. what's nothing burned down? i'm just saying, your hair looks great. >> thank you. >> your face is perfect. >> you know. nothing to worry about there. here's the three day forecast today. so showers have returned to parts of the region today. they become more widespread tomorrow evening. and we still include scattered showers in the forecast on thursday, all because of this area of low pressure. get used to us showing you this map because it is not moving through the rest of the week. that's

taking a live look at the new york stock exchange as trading gets underway.hopes of boosting their defense and title chances. they traded a third round draft pick to washington for defensive end chase young. young was previously the second overall pick in 2020. he'll help bolster the 49 ers defense, which has struggled the last few weeks. the niners are five and three, with a three game losing streak. they're not playing this week. the next game is on november 12th at jacksonville. the nba all star game is coming to the bay area. according to bloomberg league officials have selected the golden state warriors to host the 2025. all star weekend festivities. are expected to include the usual competitions like the three point contest, the skills challenge, and of course, the all star game. now, the last time the bay area hosted this event, 23 years ago at oracle arena. the western conference won that game. both shaquille o'neal and tim duncan were named mvp of the game. allen iverson was the leading scorer with 26 points. >> a local couple raised nearly $4,500 fo

importantly this company is incredibly well run with a buyback that is the biggest in the new york stock exchanges i want you to buy more just one share or five shares, that's okay. it will add up everett in connecticut everett. >> caller: hey thanks for the invitation for the show i called you a couple times. the most memorable time is when i met you and your wonderful wife on set at a veteran day show a few years ago in new jersey >> i miss those days so much i miss them. i miss pop coming. absolutely we have to how can i help >> caller: i thought that was the phone call but hey, all right happy holiday to you and yours ticker mvo novo nordisk >> novo nordisk is very good i still prefer lilly particularly after the tumble lilly took today i think they've got some good news coming up this weekend with the american heart association i want you to be owning either one of those and thank you. i miss those shows very much daniel in california daniel >> caller: hey, jim, thanks for having me on i bought this stock during the 2020 covid lows. i'm currently up over 300% but over the past year the stock

. >> and a look right now live at the big board at the new york stock exchange.5 points. another update on the markets next. >> and then disney officially opens its biggest frozen theme land today at one of its parks. we'll give you a first look and stay with us on the abc seven bay area streaming app at seven for abc, seven at seven. today we're holding our annual broke basic busted, bougie and boozy friends. friendsgiving special. >> i don't know who is broke. >> we aren't actually drinking, but it makes the name better. we love alliteration. we have our recipes, food, celebrations and surprises. it's always a good time. so if you can stream us from 7 to 8 a.m. this morning, all you have to do is download the app wherever you stream. >> come on, say we're not broke. >> i don't know. i rebuke that we are abundant. well, it's giving broke. >> how about that? no it's giving. mine is giving broke. >> well, well, well. >> it's going to be a small thanksgiving. >> that's a problem. >> no. >> here's live. doppler seven this morning. high pressures in control. that's g

. >> let's take a live look right now at the big board at the new york stock exchange.ext. then and come on down the gator that scared some neighbors. >> and get this. and this was in florida. okay, good for once. and stay with us on the abc seven bay area streaming app for our show abc seven at seven. we are live weekdays from 7 to 8 a.m. all you have to do is download the app now and stream. >> 641 let's talk about that jet stream over the atlantic, that core of very strong winds. the reason why it was so enhanced, we had some very cold air move into the northeast. we had some very warm temperatures in the atlantic ocean. that gradient, that cold air fighting, the warm air causes those winds to speed up and there you can see the jet stream. that ribbon of air current that really speeds up those flights moving west to east. and that's why when you move to the east coast on a plane, it's a lot faster europe back here at home. here is a look at our next cold front. this will move in here tomorrow. but today, all about nice warm temperatures. a lot of sunshine here on you

i am brian sullivan in for scott from post 9 at the new york stock exchange. this make or break hour, we'll try to make it, with stocks on track for their best week of the year. you're welcome, america. the dow, the s&p and nasdaq all on track to close the week up more than 3%. small caps doing even better for once. and just a few minutes we'll speak with morgan stanley's chris toomey. he runs one of the highest ranked wealth advisory teams in all the land. he'll tell you what he is telling his high net worth clients right now. that's ahead. >>> we begin with our "talk of the tape." we got a jobs report, we got apple numbers, we had a fed meeting, we had a treasury refunding. guess what. stocks rallied after each and every one of them. is this, then, the all-clear for stocks that investors have been waiting for? i don't know, but our guest does, lauren goodwin of new york life investments. she's here at post 9. welcome. i don't think it's an accident that every time you and i do the show together, the market goes up. have you noticed that? >> look, now we know

and i would take a live look at the new york stock exchange.>> it's a seasonal showdown. everybody, mariah carey's all i want for christmas is you is the second most played holiday hit behind this classic rockin around the christmas tree at the christmas party. >> hop. yeah >> so according to spotify, brenda lee's rockin around the christmas tree is the most played christmas song on the platform. she recorded it. now this is the part that gets me every time this song comes up. she was 13 years old in 1958 when she recorded it. now you all tell me the voice 13. i never knew that until right now this happened. i think a few years ago. this song i almost feel like this exact same scenario might have happened where that song ended up being first. something i'm wearing the script reading the script, not wearing it. i don't know what i'm saying. i'm also wearing i'm also wearing it. >> wear it, right, you know? yeah >> and that she was 13 years old in 1958 when she recorded it and i was blown away. yeah and it's the seventh most played song, just gen

and we take a live look now at the new york stock exchange as trading gets underway this morning.can see that we're down about 34 points now that the sag-aftra strike is over. >> all five members of nsync are reportedly planning to attend a premiere of the new trolls movie this week. do we know the strike didn't allow actors to promote any films or shows? according to tmz, the bandmates are going to be getting together in hollywood on wednesday. back in september, they released a new song called better place, which is in the trolls band together movie. this is nsync's first song together since 2001. >> fascinating. another book friend is in protest. he really you know what? i read that book in two days. what did you think? yeah, very, very fascinating. but for sure wanted more on a lot of things. me too. you know, a lot of what seemed like big, impactful events in her life or very much just like and then this happened and then she moved on. you're like, well, wait, hang on. i need more. a little deeper. >> she drops bombs. >> yeah, yeah, yeah. >> the biggest bombs being well, one

news for investors. the dow jones industrial average saw the biggest jump adding more than half the stocks traded on the new york stock exchange posting gains today. encouraging sign that the market could be ready to rally in december. >>> some savvy grocery shoppers are cutting part of their food bill in half. i'm consumer investigator chris chmura. we'll show you how, next. >>> conditions have been dry and pleasant. we are trending towards cold overnight lows. what can we expect for thanksgiving day and black friday a small business nd >>> the government's newest inflation numbers are no good for families. putting dinner on the table is still costing us a lot more than a year or two ago. >> it's been a rough period. high prices are an everyday problem for so many people. we found savvy shoppers who are cutting parts of their grocery bill in half without leaving home. our consumer investigator chris chmura. >> reporter: meet the travia family in livermore. jennifer, nick, three kids. keeping five bellies full quickly empties their wallet these days. >> prices have definitely gone up. >> reporter: grocery prices have spiked wi

stock exchange. spki of which, "squawk on the street" will be right back from the new york stock exchange.c music)♪ (♪♪) (♪♪) (♪♪) i'm going to sell my life insurance cuz i don't need it anymore. my kids are grown, my wife is great, let's settle up the score. it's time to travel to paree, spend retirement happy. call 877-sell-easy. 877-sell-easy. 877-sell-easy, and sell your policy. you can sell all or part, live your life and play it smart. 877-sell-easy, and sell your policy. if you've had a change in health, or you're over 65, and paying for $100,000 or more in a life insurance policy you don't need, get paid for it instead. then take the money that you get, go to live it up, you bet. call 877-sell-easy. 877-sell-easy. 877-sell-easy, and sell your policy. >>> good wednesday morning. welcome to another hour of "squawk on the street." i'm sara eisen with carl quintanilla live from post nine of the new york stock exchange. with us today, deutsche bank's chief u.s. equity and global strategist on baa to expect from the fed this afternoon. plus, implications from the treasury's refunding ann

. >> and you're looking live at the big board at the new york stock exchange.er update on how the markets are doing coming up next. >> beautifying the south bay. the projects focus on cleaning up some areas in san jose. and stick with us on the abc7 bay area streaming app at seven for abc seven at seven. we're live every weekday from 7 to 8 a.m. you can download the app now wherever you stream. >> 641 this morning we're looking at live doppler seven along with satellite. we have a trough, a dip in the jet stream. you can see those wind barbs showing you that dip across the west coast. it is creating below average temperatures. and now we have a cold front. it's a weak cold front and it's quick moving, meaning it's going to kick up our winds this afternoon and along the coast by about 3 or 4 p.m. it may bring an isolated shower, but for most of us, we remain dry, but all of us will feel those winds increasing. future tracker wind gusts showing you later this afternoon. we'll have those winds ramping up, gusting about 15 to 25mph. and then later on into the eveni

and a live look right now at the big board at the new york stock exchange or up right now by about 45 >> another update on the markets next. and what's causing a shortage of milk cartons across the country. >> also, stay with us on the abc seven bay area streaming app at 7:00 am for abc seven at seven. we are live weekdays from 7 to 8 a.m. so download the app now wherever you stream. >> 642 this morning live doppler seven is tracking a cold front that's moving into northern california this morning. it is creating light showers across the bay area as the monday morning commute is underway. so here's live doppler seven, we'll press in to some of these showers into the east bay. it's mainly light showers falling around walnut creek, san ramon, orinda, moraga, some light rain falling over oakland right now. we have some showers along the peninsula. redwood city, palo alto, portola valley moving their way into mountain view and sunnyvale over the next couple of hours, we'll find that this line is slowly moving to the east. so we'll time out some of this rain working through the south bay i

. >> and a live look at the big board at the new york stock exchange.update on the markets next. >> then, starbucks strike workers plan to walk out tomorrow. how it might impact you if you grab that morning cup of joe every day. >> let's take a look at live doppler seven this morning. we have this area of low pressure which is sending cloud cover and moisture into the bay area over the next 24 hours. the local view, i'll step out of the picture and what we're watching. you see that line of rain offshore. this will eventually move across the region later on this afternoon and this evening and supply us with steady rain later on today. here's future weather. hour by hour this morning, we just have mostly cloudy conditions as we go throughout the day. here comes the rain this afternoon and it's pretty steady and it's area wide. it's not just focused in one particular area. we do expect a pretty wet commute for wednesday evening and then after about 8 p.m, those showers will lift out of the region. but this is a level one light storm on the storm impact sca

taking a live look at the new york stock exchange as trading gets underway this morning. can see that we're down about 20 points. can a smartphone detect how drunk you are based on changes in your voice? s stanford researchers say they've come up with a model that does just that. they use sensors in phones to record a person's voice before and after drinking a digital program used those recordings to measure frequency and pitch. then they checked it against breath alcohol concentration. the model was able to predict a person's level of intoxication with 98% accuracy. the researchers hope this can now develop into ways to help prevent alcohol related injuries and deaths. >> the 57th annual cma awards were right here on abc seven last night. >> jimmy buffett got a well deserved tribute. >> the tribute included kenny chesney, the zac brown band and a member of buffett's band. one of the biggest surprises was song of the year and receiving the award for the song of the year goes to fast car. >> i hate the fact that the microphone was off because it was hard to hear, but the w

the new york stock exchange were down by about 60 points. right now.n the markets next. then no more rings. >> nasa scientists say saturn's iconic look may soon be a thing of the past. and stay with us on the abc seven bay area streaming app at seven for abc, seven at seven. we're live every weekday from 7 to 8 a.m. you can download the app wherever you stream. >> 641 this morning. here's live doppler seven along with satellite. we have this trough that is set up across the west coast, creating a little bit of a cooler afternoon later on today. you notice some showers off the coast. that will stay away from us. we have a dry day ahead, but it is a lot cooler underneath this trough compared to 24 hours ago. remember yesterday, it was humid. it was mild. well, it's drier and a lot cooler this morning by 18 degrees, cooler in napa, 13 degrees cooler in half moon bay, where 11 degrees cooler in san jose. we have that dense fog right now in the valleys of the north bay and along the coast. that stays with us through about 9 a.m. after that, the fog will bur

. >> and a live look right now at the big board at the new york stock exchange.nd the commercial that has the internet buzzing. >> a mean girls reunion that is so fetch. stay with us on the abc7 bay area streaming app at seven for abc seven at seven. we're getting a look at the new roots theater festival featuring local creators and a variety of performances. please tune in at seven, but you have to have that app. so download it now wherever you stream. >> 641 live doppler seven along with satellite showing you it's pretty active picture this morning to our north where we have rain falling from vancouver , seattle, portland, even medford. this front looks pretty close, but it's not going to hit us until, believe it or not, saturday night. so we are going to stay dry. but what you're noticing, a lot of cloud cover with this front is going to move into northern california as the day goes on. so we'll have a blend of sun and clouds today, but we will keep the mild temperatures in the forecast. once again, here's future weather. light jacket certainly this morning. y

>> what are you doing. >> you ran the new york stock exchange. >> where did i go wrong? all about frog coins and monkey drawings and fraud hero worships. i took some -- >> i believe they were apes. are apes monkeys the. >> there were monkeys as well. >> and vampires. >> yeah. i doubled down, joe, because i -- i think it -- first of all, i think it's already coming back >> that's what you're saying about this acquisition >> yeah. >> is that for the next bull run in crypto, you want to have coindesk as a -- like a media arm of your company because the bull run is already starting. >> yeah. in my view, the bull run is started. i make no promises how long it continues or to what extent, but the winners in the next wave will be well run trusted companies that are adult, compliant, coindesk is a great example of that. they are the go-to source for crypto news, they broke the sam bankman-freed story. they have the largest gathering for crypto consensus, and they have an index business that i'm really excited about, that already has 20, $25 million benchmark to it, and there's s

back to you at the new york stock exchange. >> for what has not been a good move since the announcementu. >>> microsoft hitting all time highs. the stock up more than 6% just this month and now up more than 50% for the year. but, of course, the question you're all asking, how much higherou it cldgo from here? we're back in two. (♪♪) [coffee pouring] (♪♪) [van engine] [card reader chimes] (♪♪) [garage door opening] (♪♪) [inaudible chatter] [card reader chimes] (♪♪) (♪♪) >>> welcome back i'm kortney reagan with your cnbc news update. secretary of state anthony blinken reiterated opposite to israel occupying the gaza strip after the war. this came one day after prime minister benjamin netanyahu said his country would have an overall security responsibility in gaza for an indefinitely period after the war ends. >>> ivanka trump is testifying right now in her father's $250 million fraud trial. she is the fourth and final member of the family to take the stand. ivanka was initially listed as a co-defendant but an appeals court removed her from the case in june. and democrats celebrated a hand

i'm carl quintanilla with leslie picker live on the floor of the new york stock exchange. is this rally really hanging by a thread citi's scott chronert will way in. >>> later on, earnings with twilio ceo jeff lawson, a gut check on a.i. and the cloud sector. >>> currently a positive day for the broader index. the s&p up 0.3%.

management structures, governance , that are certainly public and listed on the london or new york stock exchangevery serious investors, very serious people, these are people who or do very nice pictures, or television reports, and they want a result, they need that when they invest a million dollars or a billion dollars, and if you said management, then they want to get, of course, a return on their investment, that is, a return on their investment, which was appropriate for these markets, developing markets and by far the best that they can get, they could invest money in american securities, namely the securities of the united states government, get today 5% per annum and not even look at ukraine but any other emerging markets. but they understand that it is necessary to develop, the world is harmonious, and the most important thing is that they understand that there are many businesses and many projects that can be developed in developing markets, including in ukraine, being politically in trend, developed for ukrainians and ukraine, these people, they are all serious, they definitely, if the

i'm carl quintanilla with david faber live at post nine of the new york stock exchange.s live in las vegas, the second day ahead of a huge formula 1 race this weekend. meantime pretty mixed open here but steady, 4510 s&p, ten-year at 4.44. 30 minutes in we're watching walmart, of course as we look for those shares falling. after the guidance and the quarter, of course, very interesting development with walmart watching the consumer. cisco slumping on guidance amid a slowdown in orderers shares almost down on the year and macy's higher after margin improvements led to a beat that offset a 7% decline in sales. >>> housing data crossing the tape to diana olick who has that for us. >> home builders sentiment fell 6 points in november on the monthly index, that is a big miss the street was looking for unchanged. this is the fourth straight month of declines and anything below 50 is considered negative and sentiment is now down 22 points, just since july, to the lowest level since the end of last year. the builders did make a note that nearly all of the monthly data for novemb

ukraine, they are currently shareholders who are certainly public and listed on the london or new york stock exchange, these are all very serious investors, very serious people, these are people who don't just want to spend their time just doing really good... meetings or taking really good pictures or tv reports, but they want results, they need that when they invest a million dollars or a billion dollars, and if you said 11 trills under under management, they want to get, of course, a return on their investment, that is, a return on their investment that was appropriate for these markets, emerging markets, and by far the best that they can... get, a return on their investment in the developed markets, because they could invest money in american securities, namely the papers of the united states government, receive today 5% per annum and not even look at the cotton wool, the world is harmonious, and the most important thing is that they understand that there are many businesses and many projects that can be developed in developing markets, including in ukraine, will be politically... in trend, devel

this end state capitalism where in 2013 the new york stock exchange was purchased by its derivatives exchange. the new york stock exchange, which is an abstraction of the real market you could argue it is an extraction of the exchange of actual human need, was consumed by its own extraction. this is the way it goes and that is why we end up in this world with tech billionaires looking at what is the next level of abstraction. we could think of the ai craze and digital craze is about looking for, how do i go meta and extract on reality itself and be one of th robots, one of the derivatives, one of those things? because who wants to be a little newman. -- human. this is general electric style capitalism. the head of ge realized i make less money making and selling a washing machine to you than i do lending to the money to buy the washing machine. so that is when he stole the productive aspects and turned ge into a financial services company because the abstraction makes more money than the actual work. it worked well until 2008 when the financial crisis happened and they had productive

new york stock exchange prepares to delist wework — we'll take a look at what makes start ups succeedghtening export controls on rare earths, seen as a move to counter the us chips act, which heavily restricts beijings access to semiconductors. it comes ahead of a much anticipated planned meeting between the leaders of the world's two largest economies at the apec summit in san francisco in a few days. for more, let's cross over now to our asia business correspondent nick marsh who is at the bloomberg new economy forum, where some of the biggest names in business, economics and politics are gathering this week in singapore. nick — no doubt tensions between the us and china, as well as that rare earth ruling, will be top of the agenda for everyone there? he finished speaking in this alljust behind me, came out with his entourage, dozens of people. ifought my with his entourage, dozens of people. i fought my way through the crowd to talk to him for that what he said was quite interesting. he was basically

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york stock exchangefutures solid as lower yields continue to provide ammo for the bulls. ten-year hits 4.25%. big morning on tap. dealbook summit in new york. richmond fed president barkin at the cnbc cfo council summit and in a few moments, gm's mary barra will join us. gm shares, up 9% premarket. lot of news here. >> that accelerated buyback is really extraordinary. real commitment to shareholders, and i think that especially in light of adam jonas's note yesterday, this calls all that into question. mary barra has been under fire, i think, because of cruise, which is the problem they have had with the ev. >> well, self-driving. >> they spend money on ev. >> and then obviously, rolling that back in terms of at least their ambitions in -- in terms of timeline. >> right. battery problems. she highlights that. david, what i am surprised that even after all that, the amount of money they have is extraordinary. >> is that almost part of the point here? just saying, hey, look what we can do? >> i think it's

lightning round, to the men and women who have served this country, whether we are here at the new york stock exchange. anthony is a second class petty officer in the navy. you call for your service and all that you bring to our team. and we are keeping it going with another veterans day edition of the lightning round featuring incredible people that have served the u.s. military. now it is time for -- and then the lightning round is over here. here we go! michael! >> can you hear me? >> you sound great. >> i am from brooklyn and i want to say thank you and the guys like you. >> all right. now to get to the question. can i hold that? >> we have a meeting on wednesday for the investing club. i just got too greedy and i don't think it is going to stop here. monica? >> hey there jim. >> a how are you? >> i am looking at -- and i heard you talk about this before. one way or another you called it a mess. this is a huge market and i am wondering, i am wondering if you're --. >> i think it is a very crowded area. it was such a good business but -- i am going to say, don't buy that stock. now about david in c