of piper jaffray. people like this move, obviously, today. >> i think it is insane the stock up on this move. it will take a mountain for google to penetrate in this space. amazon has such a lead. aws has ten times the capacity as everybody else combined. so they are way ahead of the game from that perspective. and the commentary about the revenues an the cloud business in 2020 actually outpacing the revenues in their ad business is an absolutely insane comment. they are roughly a billion in the web services and they're going to get to maybe $8 billion. >> you looking at it as a staticent rstatic entity. they could make a acquisition. >> and they've made a lot of comments that are off the grid as well. but it is a 5% business for them when you look at these total aggregate numbers. amazon is still the place to be. >> the place i would look that would be challenged by this space. is rax space. trading 25 times earnings. it will hurt them at most. do you want to go up against google and amazon as your co

piper jaffray is concerned about discounting. under armour. people are concerned about discounting at lululemon. maybe that is the reason you see the weight on walmart and nike. watson did say that cyber monday sales would be of 18% across the board. disney is also a big weight. we are here friday? scarlet: i was not here friday. matt: you were smart enough to take off. it proves what we already knew about yes ken subscribers. epsn subscribers. they are weak. losing 7 million, that prompts continued concerns about cord cutting could be sought disney fall and it continues to step down today. i'm assuming you have every kind pn you could possibly subscribe to. scarlet: every possibility come every which way. matt: you are not the concern. scarlet: we're single-handedly supporting espn and disney. laurie keller has more from the news desk. laura: thanks so much for the focus may be climate change, but today's paris conference is also giving readers a chance to let against the islamic state. the race is on to convert promises into success against

susan anderson, neely ta min ga of piper jaffray.ood to see you both. >> thank you. >>> it was a shock. the former live-in girlfriend claimed the 92-year-old share holder is unable to speak, eat on his own, and unfit to make decisions. redstone's attorney called it baseless saying it's a meritless action riddled with lies and a despicable invasion of his privacy. it only shows she'll stop at nothing to pursue her personal financial agenda. she claims she filed it on behalf of him. they go on to say it's prepolls truss. you can see the shares did have a nice move there. they're also look up this morning. all of this, of course, goes to the larger question, which is whether or not he's 92 or even old e 93 or 94. mr. redstone certainly toward the end of his years and the question becomes what will happen to viacom. now, what will happen to viacom perhaps should he be deem not in a capacity to be its chairman of viacom/cbs. although, again, his lawyers make it clear it's baseless allegations from miss her zer and a record she's building.

analyst notes coming out, lululemon cut 200 points, piper jaffray saying under armour is too emotional. that is the problem as far as analysts are concerned with retail, that they are just giving away too much. betty: so too much deep discounting. are they the ones leading the stocks lower? matt: take a look at the dow jones industrial average, big , bigs or nike, for walmart losses across the board. retail etf, down big today. poorly.orming today andon came out said cyber monday will be up 18%. if you believe the computer that beat a guy in jeopardy, then you can take their word for it. take a look at some of the leaders today. all the oil companies is what you will see. their,sult you see gains transocean with the $17 price target. oil was up this morning as well but came back down. i is down 10.5% just in november alone. and four months in a row it's under $50. it's the worst month we've seen in oil since july. betty: the story has not changed for oil. thank you so much, matt miller at the markets desk. lara keller has more from the news desk. laura: president obama said the threat

takent piper jaffray has his target to a high of 155. suggests it could move 40% higher than other levels. amazingly, the company market cap now surpasses that of general electric. betty: incredible. facebook is bigger than ge. abigail doolittle at the nasdaq. -- it hasn facebook been a long ride, but it certainly seems very recent facebook has killed it. i want to get those sarah frier and san francisco. -- in san francisco. it really is video ad revenue that people are excited about. have become ads increasingly common on facebook news feed. this is part of an overall try it -- trend for the company creating ads that are higher quality and get higher prices. they are done in an option basis. instagram also have the full power of facebook's advertising tools. that was all ported over to instagram in the last quarter. it is a huge bump. have already delivered such an incredible quarter, you can see that reflected in the stock movement, what will they do to build on this? the thing about the -- facebook is they have so much business. they

there is a street high price of 155 at piper jaffray. facebook could score higher from 40% from here. david: appreciate it, abigail doolittle at the mastec. where -- square values the company at $2 billion less than its previous valuation of six point dollars. joining us from san francisco is emily chang. what accounts for this? this goes to show a have tiedpanies that valuations to the private market may not be able to sustain those on the public markets. the price is going to move up and down. we don't know how the ipo is going to price on the day. square may think it can get through the 6 billion valuation in the public round. in the private round. we have been talking to a lot of analysts to understand this the core how strong business is. when it comes to the core says the one analyst core business is very strong. take a listen. >> they will continue to grow at high rates. within the niche of small retailers alex mentioned, they are the leader and they control that niche. there is a lot of room for them to penetrate, not forever but

. >> look, a name like underarmor gets the price target lower today by piper jaffray. they're talking about being overly promotional. a lot to do with the weather. cramer this morning saying it's the most weather oriented of all the apparel companies. you can't get away from the fact that weather's been an issue. plank told me that himself a few weeks back down in d.c. i just think it's important to keep in mind that, you know, this is -- a lot of this stuff has already been priced into the market. the retailer -- let's look at the srt as a proxy for retail. that topped two months before the s&p, back in late march actually. now that's down about 6.5%. equal weight retailer down about 6.5% year to date, one of the worst sectors out there. i think we didn't have high ek pensi expectations anyway so nobody should be surprised a lot of it is a little bit ho-hum. >> it's really this issue where the negotiating power is. that's changed the dynamics. i don't care if you go further. i do believe the consumer will spend more money. because of the gas dividend it's big, it's hu

piper jaffray lowered go pro's price target to $15 from $20. the firm reiterated its underweight rating. go pro is down more than 30%. just over the last month. there's some other reports that go pro, even some of the latest ones, showing up on discount sites like groupon, and analysts questioning whether that means their margins going forward will be in danger. we know they have inventory issues, though, so that could be part of what's happening here. >> below $20 a share, that's when you normally would hope to see an executive buying shares of their own company. that's quite a level for a company that priced its ipo at $24. >> nick woodman did tell us on "squawk alley" that he is going to buy shares at this point. i don't know exactly what mice prices he is stepping in or if he has followed through on that yet, but he did say he would do that. >> 15 is an interesting target for a stock that was $65 three months ago. >> it was 90 something a few months before that. yeah. >> well, up next, a big day here tomorrow. square expected to go public.

piper jaffray takes the price target down to 15 bucks.'ve seen further price pressure on amazon, products popping up, zulily, groupon, rue la la, discounts where you otherwise wouldn't see them in the past. >> well, what we're see something a commodity product, we're seeing just consumer product that is ubiquitous. i'm not so sure anybody really needs it that's not very, very active because you've got your iphone so why carry another piece of equipment? that's the issue. plus the competition which we haven't seen come in yet will be coming in, and they haven't hit their targets and that's the most important thing. >> doc, you told it out of your halftime portfolio yesterday. >> yeah. i sold that. i sold best buy also yesterday out of the porltfolio. today i went in with jarden. luckily, looking at the disaster that is go pro today, i'm not going to be sending anything but coal to mr. woodman. >> how about lowe's? we shouldn't be surprised after what home depot did, right? >> no. if you look at the growth they put up, that's impressive. th

a source from piper jaffray hisng this would not change company's policy.g trouble breaking through into the payments business and one way for it to do so is to buy paypal. but it's not helping those paypal shares today. also we are watching a potential deal in the internet business. iac interactive has made an appraisal -- made a proposal to buy angie's list. angie's list in the past has spurned iac's offers and share that offerng above price. is yelp, it looks like there more sales speculation. and very quickly, the pharmaceutical maker, mankind -- there was a question whether a deal go through. is really -- israeli regulators seeming to be blocking it. that deal is going through. scarlet: remember that fight mannyloyd meriwether and pacquiao in may? i'm a lot of people said it would not be worth it. alix: we got to talk to legendary fighter oscar de la hoya. be guaranteed action. goesl is a warrior who straight in. my guy, he is a young bowl, a fighter who is just as strong. scarlet: he is 10 years younger, right? this is one of those fights where it can

. >> piper jaffray had a note out saying it would be a 22% hit two fourth-quarter earnings. guys live and die by how many stores they can open. >> they do. q4, same-store sales are last year, aaa sales were up 17% but it's slow down. they came in last quarter a 2.5. this company is reaching middle-age and slowing down a bit. the question is can they continue to grow. this does not help. they would back, they cannot open more restaurants because of this specific issue. there was a note out saying panera was one that could benefit if there was a customer that would say i would like to lunch, an area is one, they are really the only chain that could match health claims on a national scale. then there are places that are also mexican that might see a boost. you, covering the fast casual industry for us. ahead, in danger of an s&p downgrade? we'll tell you why. ♪ i just had a horrible nightmare. my company's entire network went down, and i was home in bed, unaware. but that would never happen. comcast business monitors my company's network 24 hours a day and calls and e-mails me

monthly average users .rew by 14% to 1.5 5 billion there is a new high price target of 155 at piper jaffray'sher 40%,by rounding out the top five at the nasdaq -- we are looking at google, microsoft, and apple. >> thank you so much. now, we want to look at how trading closed in china. it was a busy week. we had a lot of data over the weekend after the markets closed. we got the headline that ipos will be allowed. the ban will be lifted. there wasefore that, a weekly advance in hong kong on speculation the gains were relative to earnings. takata facing questions about a solvency as a parade of big-name customers defect. >> the latest results show that continues to reel from the near collapse of its airbag business, subject to the biggest automotive safety recall. 75%.s cut its forecast by despite an exit us, it has maintained its sales view. toyota joined honda in ditching the takata: airbags. they found a rupture with excessive force. the faulty airbags are linked to more than 100 injuries and 8 deaths. takata fell 6% in tokyo share trade on friday. scarlet: reporting in hong kong. market reg

. >> you guys have done a holiday season survey at piper jaffray. you found in terms of consumers attitudes and behaviors? spending, promotions online versus brick-and-mortar. >> we just published a survey yesterday. we poll ed 1,000 consumers domestically. the amount of consumes who completed their holiday shopping is lower this year than last year. 14% of consumers have completed their holiday shopping thus far. secondly, the spending intention to spend more on apparel and holiday overall has desecelerat. and the last piece, this is more to speak to the business model and how consumer behavior is changing, we are seeing more consumers off to spend online. 34% of u.s. consumers are choosing to shop online this holiday season. just a year ago it was 31%. so we're seeing that shift. we think that's structural and here to stay. >> erinn, years ago analysts would go to the mall on this weekend and literally count people. they would look for foot traffic and try to put together proprietary models. is that even useful anymore or has online rendered that

piper jaffray, overweight. this as health officials in washington and oregon are taking cultures and having patients fill out food questionnaires to figure out the real kauz of why 22 people came down with intestal e intest al e co-li. the company temporary shutting down 43 stores in both states, done voluntarily. chipotle was not ordered to do so. they tell cnbc no cause has been determined yet, and, quote, timing of reopening will be dictated by the progress and pace of the investigation. that is the top priority now. >> the last meal was approximately a week ago, so it's possible that the risk period has passed. only time will tell. we'll know more next week if additional cases don't appear, that will be very good. we're hoping that will be the case. at this point it's impossible to say whether the risk is ongoing. >> chipotle has had a few incidents in the last year. in southern california is shut one store down in august when dozens of customers showed symptoms of norovirus and in minneapolis they had a pr

very, very aggressive by piper jaffray.king news with dom chu. >> 1.9 million shares of chipotle have traded so far just to give you an idea of how much volume that is. the average daily volume is 630,000 shares. ship pot lay does have a statement out today dated today with regard to this e. coli except. they continue to work closely with state and federal health officials. also, that additional cases are not unusual after the first incidents have been reported. they are saying they have taken aggressive steps and that there have been no new cases reported in either washington or oregon since they put their plans in place to kind of clean those particular locations. also that they offered a statement saying that they believe we take this incident very seriously, says steve els, the chairman and co-ceo, because the safety of our food and well-being of our customers is our highest priority. we offer our sincerest apologies to those who have been affected. this coming in a statement from chipotle dated today referencing this i

price target seven race across the street with piper jaffray going to a street high of $155, suggesting from these levels. turning to expedia. it's announcing its acquiring palm away for $3.9 billion in cash and stock. this represents a 20% premium to wednesday's close. it beats up -- beats up home away. expedia's ceo says it's a problem -- product important to a certain group of people so were building up until products over time. investors are cheering the news. stephanie? david: kids actually david the thank you very much. we changed on you. after yesterday's announcement that expedia will buy homeaway, emily chang will speak to both ceos today on bloomberg television. can shake check keep it sizzle? the change reporting earnings after the bell today. ♪ ♪ stephanie: welcome back. bonnie: japanese air back maker -- must assess its new cars were no look reviews its airbag inflator's which been linked to scores of injuries and seven deaths in the united states. they said they were discontinuing the inflator's in new models and mitsubishi is considering a similar move. -- then commission

piper jaffray out pounding the table on the stock today.note it has been trending higher, above the rising 40-day moving average. it implies just under 30% upside. stock is at $19.72. you can do the math on that. >> up 20% for the year, bri. >> under the radar name and with that "street talk" on a monday is done. >>> coming up, the oil close is next and something a little surprising is happening in the oil markets today. what that is straight ahead. stick around. >>> hi, everybody. i'm sue herera. here is your cnbc news update at this hour. u.s. defense officials tell nbc news that french war planes launched another air strike today against isis targets in the vicinity of raqqa, which is the de facto capital for isis. that video that you're watching right now is the french fighter jets taking off on sunday. they are targeting isis' oil production infrastructure which is a major source of income for the militant group. >>> the islamic group releasing video showing unidentified fighters praising friday's attack in paris calling on muslims in

they are going to be presenting at a piper jaffray conference tomorrow. >>> up next go pro and garminter the black friday weekend. pacific crest assesses how go pro and garmin did. in store check the analyst says negative. the analyst says the saturated action camera market remains a clear longer term headwind for go pro. the analyst also says the checks are slightly negative for fitbit although they got an upgrade at barclays today. >> it's my -- just me, brian sullivan, two things. i was in a best buy, there's a big go pro end cap display. nobody was looking at it. i'm a big skier, there's a helmet with a camera now built into the helmet so you don't -- so you don't have to have anything stuck to your head and i wonder is that the real threat, everything being built in rather than snapped on. >> that's interesting. >> last stock, thor industries. under the radar name. not a norse mythology company, an indiana based rv maker. wunderlich securities up talking them up. their channel check shows strong preseason demand. they have a $70 target and it's much higher than the average price

maria: piper jaffray, a price target on chipotle reiterated.g. and all those restaurants still closed with a lawsuit, and filing against the company. >> a massive impact on coming, and any analyst could foresee that. tie that has to come down. maria: energy is the weak spot. the revenue and guidance is what people focus on. >> there's a lot of dispersion, and some in the consumer sector, michael course has a good earnings report. but even with these adapt down on of 4 report which is ill for the consumer. it is a desperate story but on the whole we look at the revenue part and that is troubling. we are not in an economic recession on the ground the we are in an earnings recession and one reason is companies because they are not growing the top line are running out of jews to squeeze out of the bottom line. maria: mike said we are in a recession in the industrial side as well. >> we may be particular the in the energy sector. i will be curious to see what he sees on the ground for exxon mobile. ag certainly has been troubled. to me it remains tr