>> seema moody with a big story on intel. seema, thank you very much. >>> let's talk more about intel and bring in baker avenue wealth management, an intel shareholder. king, welcome. what do you make of that report as a shareholder? >> hi, brian. happy friday. yeah. we have a small intel position. you know, our initial thought was the ai chips that company would have would look attractive relative in terms of an open platform relative to nvidia ace chips. the company is stuck between a rock and a hard place. the company running out of options. costs are ballooning while revenue is falling. we think there's still a lot of value embedded in the company, so a breakup of the company makes sense to us. innovation has been lacking at the company so if the company is smaller it could invigorate whatever is left of the company after a split. >> it really is a story when you look at intel and those of us of a certain age remember when intel was one of the biggest and arguably most important and most covered and most coveted companies

joining us on set our own seema moody and the expedia ceo. seema, take it away. >> thank you.first quarter on cnbc. >> thank you for having me. >> you did acknowledge the softness you are seeing in july and the market is trying to understand whether this is temporary, whether it expands to 2025, pause it does certainly come after significant number of quarters of resiliency we've seen in the travel industry. what are you seeing? >> i would start by saying we had a strong second quarter. we came in slightly ahead of our expectations with acceleration in our consumer business and also continued strength in our b to b segment and advertising. the last you few quarters we have seen softness in air ticket prices and in the price of car rental days. as we've headed into the third quarter we've started to see softness on hotel average daily rates. seeing consumers trading down a bit in the hotels, but look, we know people will want to spend on travel so we're keeping a close eye on is this temporary, what's happening, but we remain optimistic in the long term. >> on the trade downs h

seema moody has all the details of that one for us. >> super micro stock tumbling after short sellerort alleging accounting flags in a any-month investigation they conducted. claims they found evidence of the company rehiring executives involved in 2018's micro scandal that led to its nasdaq delisting. the semiconductor which counts nvidia as a customer specializes in ai servers and the stock has ridden the ai wave. it came under pressure this month following disappointeding quarterly report that it revealed weaker than expected margins. analysts chalking that up to higher expenses and dell. amd making the big acquisition. we reach out to super micro for comment. >> thank you. we look forward to that. >>> turning to nvidia the street betting on big moves in the stock after the company reports results tomorrow. the options market pricing in a near 10% move in either direction. with bets skewed actually to the upside. joining us now is susquehanna cohead of derivative strategy. how would you say the positioning compares to prior quarters for nvidia? >> well, you know, it's one of the m

i'm david faber with seema moody and wilfred frost live at post nine at the new york stock exchange.morning off. let's give you a look at markets and treasury markets as well a half hour into the trade. trading day. and, of course, final day of august. you can see we are up. as for the 10-year yield hanging in around the 3.87 mark. >> here are three big movers that we are watching. starting with dell beating on the top and bottom line, server sales up 80% thanks to demand tied to artificial intelligence. we will break down the numbers later this hour. take a look at lululemon, shares losing its early steam flat right now cutting guidance after its first revenue miss in more than two years. shares have been nearly cut in half on the year. a similar story at ulta the company missing revenue and earnings estimating cuts its outlook. >> consumer sentiment data crossing. let's get back to rick for the latest bout of data. >> this is the final read for august for university of michigan sentiment and the subindices. what's important here is, is that the mid-month reads get tossed and the ne