it is the pippa show today >>> i know, frank. u.s.ge approving jpmorgan chase's $290 million settlement over jeffery epstein crimes. jp d jpmorgan chase did not admit to wron wrongdoing, but said it was fair and just for the survivors. >>> and microsoft restricting chat ggpt due to security concerns the company choosing to ban chatgpt and canva all together, but reinstating access to chatgpt. this comes as microsoft invests billions in open a.i. to integrate into the azure >>> and disney delaying film schedule for marvel. this follows the end of the labor strike the third "deadpool" film will now be released in july in replace of the "captain america" film this gives me more time to see the originals. i have never seen any of them. >> serious "deadpool" i understand. >> i have plenty of time. >> living under a rock i'm joking thank you. >>> we now want to get serious and turn attention to washington we are just a little over a week away from what could be deja vu all over again in congress lawmakers are facing another deadline on the

. >> pippa with latest. thank you. >>> back to the broader market and stocks coming off two straight positives with the major indices closing above the longer-term trend line or 200-day moving averages on friday. the new piece in "the wall street journal" suggest fear of missing out is likely to keep the rally rolling. joining me now is the author of that piece is gunjan banjeri. gunjan, this is a huge shift. a massive one in narrative and sentiment over the course of a month's time. what exactly happened? >> it's been a big shift. how quickly it has happened. s&p 500 is up 7.2% in the past two weeks. the best stretch of the year. we have seen a huge shift in positioning. investors piling into u.s. stock funds. they recorded $4 billion of inflows in the past week. the biggest haul. hedge funds are slashing bearish exposure. nasdaq doesn't want to be caught flat footed if the rally continues. investors feeling more optimistic. they are saying they think it can finish. >> was it fed driven? was this an idea th

pippa, thank you. .t stevens. >>> chipmaker global foundry going going public almost exactly two years ago. since then outperforming the s&p by double digits. can that outperformance still continue with revenue down year-on-year? we'll talk to the ceo when "squawk" comes back - ♪ unnecessary action hero! unnecessary. ♪ - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own payroll so you can fix problems before they become problems. - hmm! get paycom and make the unnecessary, unnecessary. - see you down the line. . >>> welcome back. take a look at global foundries surging. one of the top gainers on the nasdaq on the chipmakers' latest results. pretty upbeat earnings results for q4 helping to offset a miss on the top line guide. joining us at post 9 is global foundries' ceo tom caulfield. great to have you in house. >> great to be here. >> we've gotten so many mixed signals. how does yours fit into the overall narrative? >> there's certainly a lot of choppiness in the

today pippa stevens on palo alto, kristina partsinevelos on cisco.at you got yesterday. i don't think people thought we were just going to be off to the races again today. >> sideways most of the day. people say we're up six points on the s&p, not very exciting. but i think bulls should be excited. i see small caps again strong, midcaps strong, banks strong, transports these had terrible performances until recently i see tech lagging that's why the s&p isn't up so much meta, amazon, salesforce all down this is called rotation, and it's great for the markets russell 2000 up 6% this week when is the last time you saw that nasdaq up 2%, s&p up 3%. that's rotation. i like what i see, and i know it's not exciting today as it was yesterday, but we're getting a broadening out of the rally. equal-weight sectors are up 3% to 5%. inflation is driving this whole story right now. it's hard to have higher interest rates in a declining inflation environment, and that's what we're seeing if the fed is done, we might have a soft landing. they could pull this thing o

>> pippa, thank you. pippa stevens. this -- i mean, i don't know what even to say about this, if they warned -- and they moved a lot on the back of that warning two weeks ago and here they are yet again. >> that -- i don't know what's wrong there, because if you make an announcement like they p preannounced less than two weeks, maybe two weeks ago, put everything in there, the entire kitchen sink, anything you can find, put it in there and do it once. because then you have some credibility left. and unfortunately, when this happens, now -- or things are deteriorating so rapidly that they couldn't even see that coming. neither of those two are good. >> no, but each bit of news takes the next one down. and, you know, we've heard all about what's been going on in europe and now even those manufacture of u.s. modules are coming under pressure, so, i don't -- you know, what's interesting is the analyst community hasn't been able to catch their breath on this. you've been seeing the gap down reassessments and eps downgrades,

pippa, thanks so much. >>> up next, the ceo of medical device maker hologic the supply chain challengesnd why that could lead to lower than expected revenue. >>> microsoft, up almost 2%. that's going to be a fresh all-time high again. now up 53% year-to-date. on pace for the best year since 2019 we're back after this. 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 your part b medical expenses. the rest is up to you. that's why so many people purchase medicare supplement insurance plans like those offered by humana. they're designe

pippa, thank you pippa stevens.n i hear focus on costs of money, i think of rates, when i think of the financing, the cost to finance whatever purchases, bonawyn. these are all things -- if you believe in higher for longer, than this is the new reality >> yeah, you hit the nail on the head with the rate story this is one of those high flyers that justified the multiple because everything cyber security related seemed to justify it when up get a hiccup, you're really going to see it it surprises me that the stock is not down more it's up 80% year to date and earnings have grown 40% or so year over year you have seen growth, but a lot of that was priced into the stock. i would have expected it to be down another 5%. >>> and do not miss a huge slate of interviews on "mad money" tonight. jim is talking with the ceo ofs of cisco, target, and palo alto. >>> there's a lot more "fast money" to come here's what's coming up next. >>> a new activist investor setting its sights on disney just as the media giant seems to be rebo

pippa and pippa, we. we always think of elves as male, but it looks like that's out of the window.the rage. >> well, you know, i feel like there have always been male and female elves in santa's workshop. but definitely today there mix of boy there was a good mix of boy elves, girl elves , old elves, elves, girl elves, old elves, young elves. so, yeah , a lot of young elves. so, yeah, a lot of diversity in the world of elves these days. >> brilliant. it's to great hear the elves are staying with the times. pippa thanks so much for joining us. and really enjoy your in weymouth your your elf parade in weymouth and let's finish with some festive fun. nikki, are you getting in the christmas spirit already? we peaking too already? are we peaking too early? get started in september. >> i've already got all my christmas cards. so christmas cards. i'm so organised it's the only organised because it's the only thing at because i thing i'm organised at because i enjoy it so much. my mum arrived thing i'm organised at because i enjoyaustralia ch. my mum arrived thing i'm organised at because

pippa and pippa, we. we always think of elves as male, but it looks like that's out of the window.l the rage. >> well, you know, i feel like there have always been male and female elves in santa's workshop. but definitely today there mix of boy there was a good mix of boy elves, girl elves , old elves, elves, girl elves, old elves, young elves. so, yeah , a lot of young elves. so, yeah, a lot of diversity in the world of elves these days. >> brilliant. it's to great hear the elves are staying with the times. pippa thanks so much for joining us. and really enjoy your in weymouth your your elf parade in weymouth and let's finish with some festive fun. nikki, are you getting in the christmas spirit already? we peaking too already? are we peaking too early? get started in september. >> i've already got all my christmas cards. so christmas cards. i'm so organised it's the only organised because it's the only thing at because i thing i'm organised at because i enjoy it so much. my mum arrived thing i'm organised at because i enjoyaustralia ch. my mum arrived thing i'm organised at becaus

_ council leads, the legion which is pippa mills who works in the metropolitan police —— the lead toerial which would not be appropriate to put into the public _ not be appropriate to put into the public domain. this aspect of the report— public domain. this aspect of the report is— public domain. this aspect of the report is not all about lancashire. any more — report is not all about lancashire. any more questions? pa rt of part of the report talks about the 18th and — part of the report talks about the 18th and 19th _ part of the report talks about the 18th and 19th of— part of the report talks about the 18th and 19th of february - part of the report talks about the 18th and 19th of february when . part of the report talks about the 18th and 19th of february when a | 18th and 19th of february when a number— 18th and 19th of february when a number of— 18th and 19th of february when a number of experts _ 18th and 19th of february when a number of experts brought - 18th and 19th of february when a number of experts brought in - number of experts brought in described _ number of exper

back to you. >> thank you very much, pippa stevens with the latest on the solar trades. sticking with energy but on the traditional side it's been a brutal year for natural gas prices. down more than 20% on a year-to-date basis, but our next guest is bucking the trend. williams, one of the biggest players in nat gas, delivered a beat in third quarter and raising the low end of the company's earning guidance for full year 2023. joining us in a cnbc exclusive interview is williams' ceo alan armstrong. williams handles a third of all the nat gas traveling through the country all over america. great to have you here. i wonder if you could set things up with the state of play with what is happening with natural gas and do you think those trends will start to trend upward given the colder weather that we're just starting to feel here in the northeast? >> great question. thank you for having me on today. main thing about williams, our business is providing infrastructure for natural gas. in the long term, low natural gas prices are actually good for our business because it driv

pippa, thank you >>> coming up, crude crushed again. pacing for its third straight down week we'll find out where the committee stands on the energy trade xtn r ha oth day.ou"crtf e clark. and if you have both medicare and medicaid, i have some really encouraging news that you'll definitely want to hear. depending on the plans available in your area, you may be eligible to get extra benefits with a humana medicare advantage dual-eligible special needs plan. all of these plans include a healthy options allowance. a monthly allowance to help pay for eligible groceries, utilities, rent, and over-the-counter items like vitamins, pain relievers, first-aid supplies and more. the healthy options allowance is loaded onto a prepaid card each month. and whatever you don't spend, carries over from each month. other benefits on these plans include free rides to and from your medical appointments. you pay nothing for covered prescriptions, all year long. all plans have dental coverage which includes 2 free cleanings a year, fillings, and a yearly ex

so, yeah, buyer be ware i think for right now. >> pippa, thank you very much. >>> let's go to berthabc news update >>> u.s. officials said this afternoon that they're working with humanitarian organizations gaza's biggest hospital. push comes as a doctor at the hospital claimed there were 36 babies in neonatal intensive care trapped there israeli troops have been circling the shifa hospital for days claiming hamas is hiding inside and beneath that facility >>> uk police arrested a man on a suspicion of manslaughter today in connection with the death of an american ice hockey player in england. adam johnson died after a skate cut his neck mid game. the 29-year-old was a minnesota native who played 13 nhl games with the pittsburgh penguins he was playing for the british knotting ham panthers team at the time of his death. police did not name the man they arrested but said he is in custody. >>> and paris is considering a crackdown on big vehicles in the lead-up to next year's olympic games. city's mayor is going to let voters decide whether to institute a significant hike in parking fee

ukrainian component, you must acquire, thank you. dear colleagues, the 44th amendment was written by pippanina romanovna, it was rejected by the committee, you insist on voting for it, yes, dear colleagues, i put amendment 44 to the vote, i ask you to vote, for 85, the decision is no please, one minute krulko, after that we vote, i ask the people's deputies to take their places ivan ivanovich, one minute, ivan krulko, fatherland faction. the motherland will vote for this draft law. i would like to note that our fraction submitted 24 amendments to the draft law, 22 of which were fully taken into account by the committee in the draft law. i thank the committee for this work sufficiently professionally, balanced , and at the same time, it is very important that we do not forget about the people who live in the occupied territories, especially the youth, these are the people who have to link their future with the independent ukrainian state, and of course, to return to their de-occupied territories in the future, having a good education, in order to raise and restore ukraine. therefore , it is

pippa stevens has more to watch as well as diana olick. >> energy market struggle for production as demandation in the middle east lifting prices on the other. wall street is expecting the company to earn 84 cents per share on $7 billion of revenue according to estimates from lseg. executive comments are key here with the production plan and looking forward and guidance with the shareholder return and insight on how the m&a market is looking. exxon and pioneer and natural resources deals as well as the hess deal is still an issue for objecci occidental. warren buffett's berkshire amassed a big stake in the driller adding to the position a few weeks ago. as of october 25th, berkshire owned 25% of occidental. >> i want to toss over to diana olick with the look for earnings of dr horton. >> they have a big entry level line of express homes. they are the ones to watch to see how badly higher morntgage rates are playing into the market. the company's stock is positive year to date and surged last week when mortgage rates plunged. take a look at rates during the quarter reported. volatile, but g

let's get the headlines now with pippa stevens. >>> permanent residents and family members have left gaza through the rafa border crossing. secretary of state antony blinken said around 1,000 americans and their families expressed a desire to leave gaza. it's been one month since hamas attacked israel. countries around the world are holding memorials for those killed in the attack and are making demonstrations to honor the babies and children kidn kidnapped. a demonstration in argentina shows teddy bears with blind folds while israel displayed empty children's beds. >>> the u.n. relief and works agency reported that around 70% of the population in the gaza strip has been displaced. many have taken shelter in facilities but the humanitarian organization said they are at four times their full capacity. scott, back to you. >> appreciate that. thank you. >>> coming up, some of the day's top earnings movers including one weiss owns. shares nearly doubled this year. we're back after this. >> announcer: are you following "the halftime report" podcast? look for us in your favorite podcasting

and as pippa has demonstrated, in order to create a future free from work, tv, we must work together to eliminate stigma and the protease, the health of children, youth and families everywhere. thank you. hello, everyone. when i was just ten years old, my mother told me that she was living with hiv aids. at first i asked if i was too hiv positive. she then started. she. then she then shared with me how she was able to protect me from contracting the virus because she took medications every day and attended all of her doctors appointments. even as an child, i knew people had negative thoughts about hiv. i told her that hiv status did not make me love her any less. well, as she shared her hiv status with me. she also told me about the important work she does as a public health nurse at the clinic where she received her care to help other women living with hiv safely give birth to their hiv negative babies. my mother told me how we must lead by example to eliminate the feelings of fear and stigma so closely associated with hiv in our community. i learned from my example about the ways i

pippa news, a more serious news.sunak is under pressure over his handling of the home secretary's article in the times, accusing of times, accusing the police of bias protests. suella bias over protests. suella braverman's future is hanging in the balance this weekend. >> allies on the right of the party are warning the prime minister that if you come for her, you come for us. while northern ireland politicians claim she's managed to offend everyone and has to go . everyone and has to go. >> speaking earlier, the chancellor , jeremy hunt, chancellor, jeremy hunt, distanced himself from suella bravermans choice of language . bravermans choice of language. here's what he said. >> well, as many other cabinet ministers have said , the words ministers have said, the words that she used are not words that i myself would have used. but i have a productive relationship with her as a colleague, and i've always given her the money that she needs to fund the police , bring down crime and to police, bring down crime and to fund

. >> pippa, thank you. >>> coming up, president biden and chinese leader xi jinping meet face to face, how much progress means. and an american woman vanishes and an american woman vanishes on [coughing] copd hasn't been pretty. it's tough to breathe and tough to keep wondering if this is as good as it gets. but trelegy has shown me that there's still beauty and breath to be had. because with three medicines in one inhaler, trelegy keeps my airways open and prevents future flare-ups. and with one dose a day, trelegy improves lung function so i can breathe more freely all day and night. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. ♪ what a wonderful world ♪ ask your doctor about once-daily trelegy for copd because breathing should be

pippa stevens is here. >> rebounding today after falling to a four-month low yesterday.t week of gains it really feels like there's no fundamental reason for today's rally, being called a dead cat bounce the contract does expire on monday, but it is notable that it did flip and reiterated that the market feels like it's oversupplied crude is stuck in this range with everyone looking ahead to the opec+ meeting on november 26th that's a week from this sunday we're seeing more and more firms saying that they could do some sort of cut or saudi arabia and russia extend cuts into the fourth quarter of q1 2024 because there is a floor they want at the $80 level. so are they going to take that move and of course one of the reasons why the market has been very well supplied is because of non-opec production. that includes the 13.2 million barrels a day and stronger reduction out of places like brazil saudi arabia can't be very pleased with what's going on in the u.s. and so they could potentially cut more or they could choose not to there's a lot of questions. >> it's funny, beca

pippa stevens is here. >> worker equality and environmental impact and diversity efforts has stalledst capital's annual americans' view on business survey. in a year when we've seen strikes for higher pay and pushes toward unionization, more than 80% of survey respondents said companies should hike wages to keep up with inflation with 83% saying workers should be able to engage in cleshollectiv bargaining with liberals, moderates and conservatives saying it's a company's responsibility to pay a living wage. all told just 28% of respondents see workers as companies' top see workers as companies' top priority down from people are excited about what ai will do for them. we're excited about what ai will do for business. introducing watsonx a platform designed to multiply output by training ai with your data. when you watsonx your business, you can build ai to help coders code faster, customer service respond quicker, and employees handle repetitive tasks in less time. let's create ai that transforms business with watsonx. ibm. let's create. you want to be able to provide your child with

so we brought in pippa stevens, following the story for us.stretch for them, and they're not the only ones in that sector. >> tough indeed. they did announce two weeks ago that things were not going to look great. even so, they still disappointed. q4, wall street was looking for $700 million and in q2, the revenue was almost a billion. so this has deteriorated very quickly. they see margins in q4 between 5% and 8%. two quarters ago they were 30%. so the slowdown has taken company executives by surprise. >> there's a lot of different solar models. what does solar edge do? their revenue number has fallen in half the last couple of quarters is stunning. >> their main business is the inverter business, which converts the solar power to power that can go back to the grid and used in your house. the reason why they're seeing a dropoff is because in europe where 80% of the revenue is based, the power prices have come down. last year, we were talking about europe was going to have this energy crisis. that did not materialize, so people are going solar

well pippa and tom mr hussain?ament today trying to find out who else might go after imran hussain. >> i understand there are two other shadow cabinet, shadow ministers, i should say , who are ministers, i should say, who are on resignation. watch as many as 14 have made public statements on behalf calling for a ceasefire, trying to put pressure on the leadership. sir keir starmer, to support them. the view is there could be some more following more resignations following imran today . more resignations following imran today. of more resignations following imran today . of course, imran hussain today. of course, he's the mp for bradford east. all eyes right now in parliament are this. this is an are on this. this is an amendment to the queen's the king's speech that went down overnight right so far in man hussein's name is not on it. however, there are names of however, there are 15 names of labour mps on it going formally against the party's position. this amendment calls for the government to urgently press all p

big show still ahead >>> i'm pippa stevens and here's your cnbc news update at this hour israeli troopsing and a large presence of military vehicles near a number of hospitals. this after the hamas-run health ministry says a number of people were injured when artillery struck the largest hospital in gaza city. while meeting with diplomats in new delhi, secretary of state antony blinken welcomed israel's agreement to deal with humanitarian pauses in gaza but says too many palestinians have been killed and more needs to be done to protect civilians. >>> a trol appeals court ruling that -- federal appeals court ruling the biden administration lacked the authority to put limits on privately made firearms called ghost guns the kits can be assembled at home and difficult for law enforcement to trace the administration likely to appeal the ruling after already asking the supreme court to intervene. david, back to you. >> thank you. >>> we are a little over an hour into the trading day, and we do have the markets in positive territory, as you see the nasdaq the strongest performer thus far. let

however, one of their activists, pippa calton, always calton, said it's always something like pepper,the government cannot arrest its way out of the situation. we are in, just like we cannot vote our way taking action way out. i am taking action because i cannot sit back and be complicit government's complicit in the government's plans millions die so plans to let millions die so they further their they can further line their pockets. come together pockets. we have come together to because together to resist because together we can the opposition can be the opposition the country can win. so country needs and we can win. so apparently just oil. have apparently just stop oil. have six days of gathering in six more days of gathering in trafalgar square, taking one foot off the pavement and then being nicked. all being nicked. so great. all right. crack on. still to come, though, as insiders claim that harry and meghan would accept an invitation to spend christmas this year with rest of the this year with the rest of the royal family, does this mark a turning the sussexes turning point f

however, one of their activists, pippa calton, always calton, said it's always something like pepper,t its the government cannot arrest its way out of the situation. we are in, just like we cannot vote our way taking action way out. i am taking action because i cannot sit back and be complicit government's complicit in the government's plans millions die so plans to let millions die so they further their they can further line their pockets. come together pockets. we have come together to because together to resist because together we can the opposition can be the opposition the country can win. so country needs and we can win. so apparently just oil. have apparently just stop oil. have six days of gathering in six more days of gathering in trafalgar square, taking one foot off the pavement and then being nicked. all being nicked. so great. all right. crack on. still to come, though, as insiders claim that harry and meghan would accept an invitation to spend christmas this year with rest of the this year with the rest of the royal family, does this mark a turning the sussexes turning p

it might have saved a lot of time in totally right pippa. >> and why not?e've heard that the similar remarks, haven't we, from suella braverman in a tweet we heard from boris johnson. it seems they've waited for this response rather than getting ahead of it, as geoffrey cox was saying there, there were holes in the home office's case that weren't a year ago. they weren't plugged a year ago. they knew what the problems would be, but they didn't take action but they didn't take the action in problem in time then. and the problem is this clock ticking on this the clock is ticking on getting this right. >> well, chris live from >> well, chris hope live from downing thank you for downing street, thank you for bringing very on bringing us the very latest on this turning saga this ever twisting turning saga of plan. of the rwanda plan. >> up, we're going to be >> coming up, we're going to be discussing the crown which has dropped on netflix today and the final series has premiered. first, your headlines with sophia . sophia. >> it's 133. sophia. >> it's133. i'm so

what what we're not seeing in this bill is also as in this in this bill is also as interesting as a pippare, there's regulation, there's there's no i regulation, there's no ban on gay conversion therapy , merely some some pre scrutiny on that. there's nothing on nutrient neutrality. that sounds terribly technical, but what it means is that that you won't be able to the more homes can be built because the big concern that by these these laws mean that by these these laws mean that you can't build in certain parts of the country for risk of polluting watercourses . and also polluting watercourses. and also councils won't be banned from bringing in low traffic neighbourhoods. so what's not in there? surprise election next yean >> yeah. okay. christopher thank you. >> let's go to buckingham palace where gb news royal correspondent cameron walker is. good afternoon to you, cameron. this was quite a speech for king charles. i mean, the last time he saw a king's speech he was a toddler. and what might have been quite difficult for him , been quite difficult for him, cameron, was he was having to

but pippa will be back with you a little bit later in the program.on purpose then, tom? >> i think they've potentially what inquiry is doing what the covid inquiry is doing is need a point is thinking we need a point person we villain here person. we need a villain here in this show, and we're going to pin it all on boris johnson. and it's interesting, when dominic cummings a couple of weeks ago tried them to look at tried to get them to look at what was saying in february what sage was saying in february and early march, which was very different to what sage the scientific advisory group was saying, perhaps even a month later. the fact that the scientists were changing their minds so much in those early days of the pandemic , i don't days of the pandemic, i don't think been looked at in think has been looked at in a great level of detail . but i great level of detail. but i think by this inquiry, i think it's becoming quite clear that the people at the top in charge perhaps didn't know what to do. >> they didn't know whether to lock down. they didn'

it's worth and tom, worth saying, pippa and tom, that global financial that since the global financialyou were still at barely school and we were barely at school and we were young whippersnappers still in nappies. were young nappies. yeah, we were young whippersnapper journalists, weren't pip crikey , how time weren't we? pip crikey, how time flies . but we are still living flies. but we are still living under the long, dark shadow of that two thousand and seven eight financial crisis, the global economy and western economies with big banking sectors like the uk have not fully rebooted . we've grown on fully rebooted. we've grown on average gdp , the economy by 1.2% average gdp, the economy by 1.2% average gdp, the economy by 1.2% a year since 2008, which is really , really slow. by historic really, really slow. by historic standards . really, really slow. by historic standards. in our lifetimes as a whole, we've generally grown by two, 2.5. and that makes all the difference. if the pie is getting 2% bigger, polish sticks is less caustic, it's less sharp edged , there's more to go aro