you stay with pinterest. by the way, my pinterest page -- >> your pinterest page is, like -- it's a time capsule. it is a timeapsule bause it has not en toued since the day you did it. >> that's karen finerman. that's dan. >> i was there. >> look at that thing. >> that's you. look at tim. tim. >> and that's, like -- >> who is singing? >> bieber, i think. >> there's your iron maun. it's a time cap sum. >> anyway. >>> all right, up next, the demand boom for energy, a record production boom here in the states, too. this is as opec is trying tout the flow of crude. how all this impacts oil prices and oil stocks? top analyst paul san ksee key i the house to give us his thoughts. more "fa money" back in two. what do you see on the horizon? uncertainty? or opportunity. whatever you see, at pgim we can help you rise to the challenges of today, when active investing and disciplined risk management arneeded most. drawing on deep expertise across the world's public and private markets in pursuit of long-term returns...

>> we like pinterest here.ke it attractive, third-party advertising, that's a smart move anytime you can partner with sammon, that's a good move amazon seems to be the driver here i think we'll see some expansion over the next couple quarters. i'd caution getting too optimistic meta said we may see slowdown in advertising, but i think this is a good move for pinterest. they are a high single-digit kind of grower they earn money. in a tech space, you have companies earning money and their earnings are growing, so maybe an opportunity here and a pullback to look at the stock for the next one, two, three years. it's a good story. >> any thoughts on the consumer as we get our data points from the kickoff of the holiday spending season? >> i think the consumer is in rough shape, kelly not to say they won't spend a lot of money over the holidays, but a trillion dollars now in debt, i think people are having more problems making, you know, ends meet. affirm says they can't get the money from credit cards, you'll go to

my younger daughter would look at a pinterest. there's that. last week was a transformation change for the stock market. if you are too busy following smart money, let me tell you something, you will be left behind. averages will continue to move, the nasdaq will fizzle. we will find out what's coming. from arizona to the east coast, how about this hanger, 14 million square feet of it. as you approach that, sitting down with the co for those who protect and serve. i want you to stay with cramer. >>> do not miss a second of mad money. have a question, tweet cramer. hashtag mad mentions. send him an email. or give us a call. miss something. had to mad money.cnbc.com. >>> live from disney headquarters. instant earnings reactions, updates on reshaping the business. closing bell overtime. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ( ♪ ♪ ) ( ♪ ♪ ) ♪ (when the day that) ♪ ♪

if it works, amazon will spend a lot more on advertising, a win for meta and snap and pinterest, as well should be taking notice of this that are missing opportunities based on lagging technology in the advertising space? >> look, i think julia talked and for amazon, this is going to be more montization for meta, especially next year. if there's one that's probably left on the table in terms of where they have not monetized as much, it's snap. snap continues to be the one where you do overall advertising. it feels like they're left behind, but ultd imately this i just another trovy case moment for zuckerberg. >> what about the potential for regulation? >> oh, yeah. they are well aware of what is going on here. it's going to be a regulatory spider web, but right now they're 20 miles an hour in the right lane. technology is going to 100 in the left lane, especially with ai. so this is just going to be the strong getting stronger in big tech. >> all right. dan, thank you so much for joining us. we have santa ringing the closing bell today. hopefully for those bulls out there, an insight int

call the number on your screen. >>> the mystery chart is pinterest.et-high price target as well. our next guest initiating it with a $48 a share target. why, dan? why do you like it, and why is it going higher? >> thanks, david. good morning. a lot of people are focused on what pinterest is doing with amazon where they're partnering with them to help amazon bring in more ad buyers and more targeted ads to their platform, lots of focus on that. that's a big positive for them, you know, a big driver of revenue. the thing we don't think people are focused on enough is the fact that they're going to be able to save money on their sales expense by partnering with amazon and bringing in other partners later. we just think it's something that's underappreciated. management has talked about it a little bit but not a whole lot. that was really the focus of the bullish outlook that we started this morning with. >> do we have any data on where these third-party ad partnerships are? and what are your expectations in terms of growth? >> so, not a whole lot just ye

design, my dad, my dad, well, and i’m together with him, that is, hundreds of people were looking at pintereste talking about it on the internet. hundreds of people looked at themselves and came up with the idea of ​​what kind of wood, if i don’t think about it, this pine tree, and what kind of wood area of ​​the house? so okay, i won’t say, for example, 6 by 10 and others on top of the taxi, well, there are 110 square meters, and how many people are maximum here so that it would be convenient, comfortable, comfortable, yes eight, but a memory house can be yes 10 people, and everyone remembers yes 10, but of course for ten years, well, yes, dastatkova tsіplyya ўmovy, and that’s all. this is enough for people to spend the night. right at the exit from the house, a real iron horse was waiting for me, without which, it seems to me, i couldn’t live in such an area. something tells me that this is not just a means movement for you plays a slightly larger role than transport. well, i ride motorcycles here and for me, well , i don’t know the state of my soul, plus a motorcycle, of course, let ’s rama

the story has left some uncertainties surrounding some of the social media companies like snap and pinterestcovering this story from san francisco. i thought your piece was helpful to look at the lens of what is happening in the ad market. on some levels it felt like a lot of the uncertainty had been cycled through. here we are again having another conversation through the lens of trade desk. what to the company have to say? >> exactly right. if we have been talking a few weeks ago there would have been optimism. companies that rely on digital advertising beat every -- expectations for ad sales. then trade desk came along and projected revenue for the next quarter that was a lot lower than analyst expected. there was a couple of factors they attributed to that. a lot of it has to do with this macroeconomic volatility we are seeing now. part of that is the word israel and gaza. part of it is things like strikes. the ceo mentioned some of the strikes in the automotive industry as well as the entertainment contribute in to the advertising pullback in certain areas. matt: what kind of advertisin

we're recommending amazon, we're recommending pinterest. and this is part of that theme.hs in recent quarters have been addver tizing and third party service. those growing 26% and 20% roughly year over year in the third quarter. these type of arrangements i think hold the possibility for certainly the third party services and maybe even the advertising some acceleration in those great revenue lines for amazon. >> and large margin businesses here, i mean, advertising alone, just to put a point on it, correct? >> yeah, i mean, certainly, third party services, there's a lot of logistics which is part of amazon's part of their advantage. but this does appear to be -- have great margin attributes. certainly the advertising that is transactional, not tied to a big content spend like a football game, you love to see that. amazon has certainly found religion, new execution on margin which has been a great part of the story, and one of the things we also like at this juncture. >> how long has instagram, meta, been trying to make social shopping a thing? it's not new that they had

about the final stuff in the global fashion industry, the fast fashion watch now on youtube and pinterest. i mean, i know, did i mean by i might just do it and i'm hosting dw new podcasts, thanks. trace amount, but there's no actually about move. joining us as we travel around your, facing the history of every day of that. and that's something right around the world, and i need to talk to you about justice, subscriber id, listen to podcasts, and we'll take you along to the right. actually, we don't have a choice that we have little time list to save the planet. so we have to do what we can as fast as possible. we only have one generation left just 25 years to implement the greatest revolution. since the tune of the industrial and replacing fossil fuels with renewable energy around the world. is this really possible documentary renewable task, november 25th on d w the this is the job here, nero's and these laptops stories, its officers and guards as biggest hospitable assist off have dogs of mass graves, the head of sold you to get a c 4 to always do that hospital workers bedded more than

west pinterest. i mean, okay. now i know, did i mean by i might just do it and i'm hoping dw newport past thing, straightened out, but there's no actually about move join us as we travel around your, facing the history of every day of that. and that's something right around the wells, and i need to talk to you that just says subscriber id. listen to paul, gosh, them will take you along to the right. the frankfurt a about international gateway to the best connection, solstio road and radio. located in the heart of europe, you are connected to the world experience outstanding shopping and dining offers. antonio's services be our guest at frankfurt and bought cd, managed by front, bought the this is dw news live from berlin tonight, hospitals in garza struggling to save large world health organization tells dw more than half of gauze as medical centers are not in working order and outside those hospitals, heavy fighting is reported. also coming up tonight. where does the money come from? we'll take a look at how the

floor and visit for the former prime minister in his new role. meanwhile, spines, prime minister, pinterest sanchez and belgium's alexander the crew has met with benjamin netanyahu . sanchez's government has made calls within the european union for an immediate cease fire and gaza and tell us to the instate codes. the pay has also met with, as rarely presidents, isaac, as all in west jerusalem or as part of the full dice. these 5 unlimited amount of 8 is expected to enter garza but it's free and kick up to reports. the supplies won't be nearly enough to meet the needs of millions of palestinians. in garza, this is everywhere. israel's attacks have destroyed every aspect of life. after $47.00 days a compartment, palestinians are about to get full days of spite and the ruins of their homes. and mixtures, tents often the cold the you can see it, but we want maintenance humanitarian ceasefire as we want the full seas file. there were children of elders, women, i still under the rubble. if he wants to take them out from under the rubble, i need a great deal of time on it, but at least a month no

really starting to look up this moss on the internet, we’re just starting to look at pictures on pinterestdea, then i started noticing this moss literally everywhere, by the way, but to acquaintances, in my friends’ apartment, i just didn't pay attention to it. attention, and then, when they showed it to acquaintances there, friends , that’s what, when we started doing something , even my sister was there, sasha, she said, now i ’m walking around the city, i say, i see him everywhere , in europe, she lives in europe, she lives in germany, she says, i see him everywhere, it’s just that there he is, everywhere in the cafe, some logos, he ’s literally everywhere, this landscaping, even sasha didn’t see him, although she pays attention to such, well, attention yes, then somehow we we decided, probably, to choose, i decided to choose this kind of cancer, namely currs. namely paintings, paintings made of moss, that is, not some kind of compositions , that’s where they survive in some kind of decor, in a shelf, there in a candle holder, this is also very beautiful, this is interesting, but more e

>> pinterest, great. love it. >> etsy? to spotify too. >> all these things sound interesting. >> i'm a customer of them all. what we're talking about today, we're watching real estate stock after a massive federal jury ruling that may change the industry. national association of realtors and several real estate companies conspired to artificially drive up commissions that home sellers pay. they say they will appeal the verdict which calls for $1.8 billion in class action damages. that number could get even higher. this was a case that challenged why we use real estate practices around commissions and the fact that they are locked 3% for the buyer, 3% for the seller. and there is not a real market for it. that is what the jury decided and we'll see whether an appeals judge affirms it. but could have huge implications across the country. also watching shares of amd after third quarter results beat analyst profits but gave a weaker than expected fourth quarter sales forecast. but they did seem to like next year's forecast for

pinterest? lauren: initiated coverage and also at buy. $48 price target. that's a nice gain from 21 and change they're at now and name it had a top pick. stuart: got t thanks, lauren. we'll have a full report on the weekend and a satanic chri christmas degree put up in a museum in wisconsin. that's brian's home state. 31 house members and seven senators are not seeking reelection next year. why are so many people leave something we'll deal with that next as the third hour of varney rolls on. ♪ he hits his mark —center stage—and is crushed by a baby grand piano. you're replacing me? customize and save with liberty bibberty. he doesn't even have a mustache. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ every day, more dog people, and more vets are deciding it's time for a fresh approach to pet food. they're quitting the kibble. and kicking the cans. and feeding their dogs dog food that's actually well, food. developed with vets. made from real meat and veggies. portioned for your dog. and delivered right to your door. it's smarter, heal

a billionaire bernstein estimates they could be spending a billion plus on platforms, snapchat, pinterestterested in this story, we did a deep dive for one of our tech check weeklies on the ecosystem, how it could displace amazon at cnbc.com/techcheck. >> i will check it out thank you very much. we've got the bernstein guy to talk more about the impact of these chinese fashion apps mark, it's good to have you with us let me start with the eye-catching number. is it true that temu has spent a billion dollars on digital advertising? >> thanks for having me. we don't know if it's a billion, we know three quarters in a row we've heard meta call out strength of chinese-based advertisers, and when we track the basket, it's temu, shein, there's a clear indication that that cohort has significantly ramped up their spend, particularly in the u.s., but also across europe and the rest of the apec region to drive adoption and sales they've been spending very aggressively and temu has been leading the charge in terms of total dollars spent and we think it could well be north of a billion dollars. >> i

amazon also has a partnership from in pinterest and meta that was announced just last week and evercoree, help drive more robust overall ad targeting and measurement on meta and snap's ad platforms and potentially grater user engagement by keeping users on its apps during transactions tiktok has become a social shopping behemoth. >> julia boorstin, thank you so much there's the sound effect for the two-minute warning 20 fed speakers this week, bob. >> thank god i'm not steve liesman. that man is a saint. >> we have comments from goolsbee they're dpoung to filter in a big way in the next few days let's see what they collectively have to say. you've got cpi, ppi. >> let's see if the ppi kind of supports this. heaven knows it could reverse. i don't think so my conspiracy theory is i'm feeling better, a lot more bullish. the onus is on the bears at this point. we've had two bar markets in the year remember, january to september of last year when we were down 25% and then we had another bear market from the end of july to the end of october we were down 11% or 12%. two bear markets in a year

hard to say the market stocks will lead the market did -- charles: you don't think pinterest will leade had the conversation request liz ann sonders. in 2022 the "magnificent seven" were down 41%. >> wow. charles: of course you have people come on saying certain segments like oil used to be like 25% of market. now it is 3% of the market. let's get to some of your ideas because i love when you share these with us. s&p, short s&p right now. >> we were long 4100. we scaling into longs. we got 4300, we started exiting. now towards 4400 which became short, more of a short-term trade. we were on track for nine straight green days. we need some sort of a pullback. the technicals are strong. charles: 4450 is your stop? >> right. charles: i'm thinking, 4400 looks large, right? to me i think we go to 4400, we're going straight to 4600 in the blink of an eye. that is your next big test. >> right. our subscribers were up on the short already. we started initiating this week. today markets turned lower. charles: crude oil, crude oil a month ago, the hamas situation, israeli war, middle east crisis

sure enough, a few days later pinterest said they had the same problem but the ad buyers were alreadyk. meta stock initially fell from $312 to $287 but it's now come back to 310. and we're no longer afraid of a slowdown in advertising. how about alphabet? it missed on google cloud by $221 million. the stock fell from 138 to 122. it lost $221 billion in market capitalization on a $221 million miss. make sense to you? not to me. seemed extreme. no wonder the stock's come right back. it's actually doing very well. but they told their story. caused a lot of panic. tesla. this one's harder. tesla missed like they all did in the electric vehicle business. tesla maintains its market share by cutting price then the consumer will keep loving this brand even though the margins won't be as good as they used to be which is why the stock is coming back. next nvidia from 493 to as low as 403. on what? ai-ennui. china orders out several years that our government's canceling. yeah, that hurt it. but you know what? there's so much demand for any of the chips that were canceled that were going to china

amazon is now partnered with pinterest and meta and snap, so shoppers can buy directly from amazon adsn those apps, by logging in to their amazon accounts. and writing that the amazon partnership will help met were a to better analyze which products and ad units create the most clicks creating more personalized ad experiences. meta is offering other advertisers its new ai tools to optimize ad buying as well as targeting. while it is also testing some new generative ai tools to roll out next year. >>> meanwhile, tiktok is taking a totally different approach. with its own tiktok shop, which launched in september. with 200,000 merchants. selling directly on the tiktok platform. well, meta is focused on building up its ad business, and using amazon as a partner, tiktok wants its own e-commerce shop, in competition with amazon. back over to you. >> julia, thank you. >>> a month after being released from the hospital, gymnastics icon and olympic gold medalist mary lou retton is opening up about overcoming her life threatening battle with pneumonia. here is stephanie gosk. >> one of america's

those advertisers are already coming back, according to pinterest, a very good analog.appalled at, but they were telling the story wrong. management should have been focusing on youtube, the nfl and hard facts. without any explanation of why the business slowed, something is wrong there. with alphabet, i would not buy the calls. it just doesn't fit the call of an anointed winner. and nvidia hasn't reported yet. as much as i like it as an investment, i think it's too fraught for a trade, especially because the focus will likely be on the chinese business. they'll lose thanks to restriction on the u.s.'s semiconductor restrictions. tesla. showman is back. he'll get the stock higher and do the right thing. shaking awful the last quarter. it wasn't good enough. i know. but this is a higher risk stock than microsoft or amazon or met. at the and that leaves the best for last, apple. oh, this was supposed to be a terrible quarter, wasn't it? in the end, it was fine, albeit a no growth. but growth is in the eye of the beholder. and right now that beholder is very excited about

dudes better step up and there's a little thing called pinterest.r takeout guys. >> easy peasy right? let's take a quick look at the forecast this morning before all the men have to figure out the dinner plans this afternoon. you know, there's a lot of good takeout options in san francisco. dumpling hour and dumpling time all those ones oh my gosh. great, great options. here's what we're looking at down into the santa clara valley this morning. 52 degrees as we're waking up all the way down into san jose. pretty much a little bit of haze but clear skies all the way down into the santa clara valley. but we see more clouds rolling into the forecast into this afternoon. this is all ahead of a cold front that will cool our temperatures down later this week and bring light showers into this weekend but for now we're in the 50s near san francisco with 40s all throughout the north bay. so off to a cool start right now. here's what we're looking at right around the corner. the reason why yesterday was a little warm and sunny throughout the bay area, well, w

the brady bunch is pinterest. this is "bonanza." maybe it's because -- i love matthew perry.ut i think instagram is like "friends." >> instagram is like "friends"? >> yeah. >> i'm just trying to follow along. >> and x is like "the wire"? >> x is like "the shield." >> great michael chiklis. >> it's worth $19 billion. that's what i know. >> i didn't make mention of "the morning show." >> there's a lot of banks out there with a lot of debt. >> paul also slammed meta's thread. >> we'll talk more about autos and some wage news out of toyota, for example. >>> we'lgel t cramer's "mad dash" and countdown to the opening bell. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com 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 h

upon further review, meta was good because ads came back according to pinterest.pon further review, google was good because youtube turned out to be very strong. upon further review, amazon at $117 was a major miss, so you have these upon further reviews, and they're very strong, and the initial reaction seems to be almost dictated by the bears, but i hope they covered, because we are now about to have, let's say, a bonfire of jellystone national park. >> a lot of that this morning does have to do with rates. we got a 20% chance now that the fed raises in december. it's not zero. >> no. >> and by the way, chair powell did say that there could be room for additional policy firming if we continue to see inflationary pressures. but the market is treating it that way, and just some of the -- >> do you like that, sara? do you like that the market, even though he said the discussions are more parfor tightening, do you like the market's kind of soto voce judgment that has been wrong since the whole time we had the inverted yield curve? do you remember that? >> i think th

, mehta and tiktok and found _ data on pinterest, mehta and tiktok and found that much of the contento promote that content means that young people who stumble _ content means that young people who stumble into seeing bad content can never— stumble into seeing bad content can never really escape it. sifter stumble into seeing bad content can never really escape it.— never really escape it. after years of debate and _ never really escape it. after years of debate and going _ never really escape it. after years of debate and going through i never really escape it. after years of debate and going through has i never really escape it. after years i of debate and going through has now gone through. what difference is that said to have? —— the online safety bill. that said to have? -- the online safety itill-— safety bill. the era of self-regulation i safety bill. the era of self-regulation has i safety bill. the era of i self-regulation has ended. safety bill. the era of - self-regulation has ended. the self—regulation has ended. the online — self—regulation has ended. the online safety ac

next up you got shares of pinterest higher 3/4 of a percent.ng and a $48 price target, calling it their new top small to mid cap pick in internet stocks. they cited amongst other things, better operating income trends, because it's cyber monday, here's the premarket state of play. some of the names tied to consumer online purchasing, given some of the more optimistic estimates on cyber monday spending. you can see amazon shares up one-half of 1%. similar for etsy, ebay up a quarter of a percent, walmart up 2/10 of 1%. green for right now, we'll see if that trend continues for cyber monday. keep it right here, "squawk box" will be right back with much ea e after this commercial brk. >>> tnew this morning, the bide administration set to announce a number of measures in an effort to try and improve the nation's supply chains. the president is expected to launch a new white house counsel on supply chain resilience today using the event to announce new actions to improve access to medicines and shore up programs tied to the production and shipment o