this is great for steve grasso. this is all about portfolio management steve. what does he do. into the trade you have to ask yourself how much am i looking to make off of this trade. so you want to give yourself a profit. but you started off saying it's become a considerable percentage of your portfolio. what was it. >> when. >> you established the position? because you should, in theory, bring it back down to that same percentage, but you want to give yourself a profit. so if you were looking to make 20%, take yourself 40% out of it and leave the rest and let the ride with the house money. i'm with ken guthrie from cleveland, tennessee. a shout. >> out. >> to tennessee is in the house. >> amazing. >> your question. >> you guys commute with me every. >> day for my hour ride from work. >> from 5 to 6:00. >> so it's great to be with you. but my. question is. quantum computing technologies. >> what do. >> you think the future. holds for companies. >> that are involved in? >> well, as you've come to realize, i am not the smartest person on the show. i'm not the sharpest knife in t

dan nathan, guy adami and steve grasso. we're going to start with what one of our traders says is the most important, the most important earnings report of the season, even more important than invidia next week. there you go. i know. hold me back here, guys. walmart reporting before the bell tomorrow. the stock is already up more than 15% this year, hitting a record high just last week. gains driven by an unlikely group. households earning more than $100,000 a year made up 75% of walmart's market share gains in the third quarter. the company pushed higher margin items like chanel and louis vuitton handbags of other things. not something you compute with walmart, but that's a big reason why walmart's e-commerce business grew by 22% year over year in the last report. online sales now up double digits for ten quarters in a row. but investors are still worried about sustained growth as tariffs and inflation worries start to mount. dan, i will look to you. you were pointing out the importance of this report and what it says abou

i'm melissa lee coming to you live from studio b at the nasdaq on the desk tonight steve grasso, karen finerman, carter worth and guy adami. we start off with the great rate rise yields on ten year treasuries spiking back. >> above the. >> 4.6% mark, seeing their biggest basis point jump in nearly two months. the move coming after a hotter than. >> expected cpi. >> print for january. consumer prices rising more than expected 3% from a year ago. excluding food and energy prices rose 3.3%. that news slashed hopes for a fed move any time soon. markets now pricing in the. >> central bank. >> will cut rates just one time. this year. stocks initially sank on the report. >> major indices. >> all down over 1% at the lows, but ended the day well off the worst levels. the nasdaq even managed to eke out a small gain, so markets come to terms with the prospect that rates will be higher for longer, that maybe inflation could be stickier for longer. >> guy. >> today. yes, absolutely. i'm surprised. again, if you had told me what would have. >> happened. >> i mean s&p is down 100 handles. >> easy giv

. >> on the desk tonight steve. grasso mike co not actually here. >> on. >> the desk. >> julie beil. >> remote as well. and former bridgewater chief strategist rebecca patterson also. >> a senior fellow. >> at the council on foreign relations. >> we start. >> with that. >> magnificent run in metta shares adding another 1% today, extending their win streak. now to an astonishing 20 straight days. this is a joe dimaggio. like streak. the tech giant has added nearly. >> $320 billion. >> in market cap in that time, bringing. >> its. >> total value within a stone's throw of $2 trillion. >> and even as broad markets. >> close back. >> in on. >> records. >> meta has. >> thus far. >> outperformed the major indexes during its run. >> it has also. >> been head and shoulders above the rest of the so-called big seven, as you. >> see there. >> seeing gains almost triple those of its closest rival. that would. >> be apple. >> so what. >> can we make of meta's recent rally, and can it continue to lead the market higher? steve, let's star

steve. >> grasso, dan nathan and guy adami. >> we start off with an earnings alert on nvidia shares. the ai chip maker volatile after its results. it's currently up about 2.6%. the conference call just. >> kicking off. >> let's bring in cnbc's christina for more on the quarter. >> christina. >> well you mentioned it. they beat on both revenue and profit, but growth is slowing. the guidance still came in above wall street expectations as well as buy side expectations of 42 billion. that was a key number. data centers remain nvidia's cash cow, generating over 80% of revenue. cfo colette kress noted they delivered $11 billion of blackwell. that's the latest iteration of their you can call it the architecture gpus, etc. data center products in q4. and that's their fastest product ramp ever. it's also the first time we're actually getting a blackwell number. ceo jensen huang, in the actual press release saying ai is advancing at light speed, which may be easing some concerns about supply issues and show that demand fundamentals are still in play. but with the launch of new chips comes pre

courtney garcia and steve grasso. but we're going to start with a sea of red on wall street. the market selloff intensifying throughout the session as weak data on consumer sentiment and a huge drop in unitedhealth weighed on the markets. the dow plummeting nearly 750 points, seeing its worst day since december. unh responsible for 30% of that loss. we'll have more on that in just a few, but take a look at some of the other big losers today. discretionary stocks the biggest sector laggard led lower by casinos, cruises, cruise lines and more. industrials also taking it on the chin with ge nova, old dominion and united seeing outsized drops. and take a look at meta. a week ago it was riding a historic 20 day win streak. we were talking about it here a lot. and now it's down four days in a row and taking the rest of the mag seven down with it. all this action coming ahead of nvidia's fourth quarter results on wednesday. the last of the mega-cap names to report. that stock now just barely positive on the year. shares still more than 12% off their all time highs. that was hit on j

. >> we have tim seymour, courtney garcia, steve grasso. and mike co. so let's start off with the threat of new tariffs sending stocks sharply lower to end the week. >> the s&p dropping. almost a percent closing near its lows of the day as. >> president trump. said he'd announce reciprocal tariffs early. >> next week. those comments further rattling investors already on edge after a disappointing. jobs report in the morning. the us economy adding 143,000 jobs in january, versus estimates for 169,000. the unemployment rate also edged. >> lower, while. wages rose. >> more than expected. the nasdaq was the. >> biggest loser on the day. >> led down by amazon, which dropped 4% after its earnings. report coming out after the bell on thursday, combined. the mag seven. >> lost over $300 billion. >> in market. cap today. >> so what do all these moves. >> say about the direction for the market? >> tim, start us off. we sort of ending the week. >> with tariff worries. >> we started the week with some. >> tariff rattling, worried first. >> then relief. >> what in t

. >> tim seymour, steve grasso, carter wirth. >> and guy adami. >> we start off with gold's. record run, the safe haven asset hitting a fresh all time high as. tariffs on china raised the. >> real. >> possibility of a. trade war and higher inflation. gold miners benefiting. >> from the move. >> higher today. the gd etf that tracks the space up more than 20% already this year, more than doubling the metal. and that same pressure, pushing bitcoin even. further below. >> the $100,000 mark. >> so-called digital. >> gold falling. >> victim to investors moving. away from riskier assets. all of these. >> moves coming against. >> an uncertain interest. >> rate backdrop. >> the ten year yield at its lows of the year and down nearly 30 basis points. >> from its january highs. so guy. >> has been pounding. >> the table on gold. as you all know. >> for. >> some time now. here we are. >> yeah tim. >> as well. and we'll both talk about it. but you know it's all time high. miners are starting to participate. you mentioned gdx. >> i think october. >> traded up. >> to 44. >> i think it takes.

on the desk tonight tim seymour, karen finerman, courtney garcia and steve grasso. welcome to you all. a lot to you. welcome to you. thank you. yes i appreciate you. >> it's great to. >> have you. you got me. you showed me. do you have. >> do you have a fast money nickname. >> yet, mike? i mean, have you been given you won? >> sounds like tim has. >> thought about one for you. >> you got 58 minutes and 40s to come up with. remember? >> remember jamaal. >> wilkes on the los angeles lakers? what was his nickname? >> well, he's keith silk. >> okay. >> silk. >> silky smooth. >> mike santoli. >> i'll try to live up to it. thanks, guys. hey. market's rebounding late in the day to close near their highs of the session. but it was still a rough month for equity markets. we're going to get more on that in just a minute. but we start with more on the fiery oval office argument between president trump, vice president j.d. vance and ukrainian president volodymyr zelensky, which ultimately led to the cancellation of their press conference this afternoon. eamon javers is at the w