symantec negotiating a deal. now my ears perked up when i heard that starboard value has a new investment they tend to do great work in the board rooming. they had successes with yahoo, with darden among many things. these guys get what they want and what they want is good for the stock. they need to deliver or they need to find themselves more jobs more importantly is who starboard is bringing in rick hill a seasoned tech. made viewers a ton of money. when he did, many people thanked me for it. since then he served on the board of other companies marvel tech. while marvel is struggling because the semi conductors have falling out of favor, hill has issued a turn around a genuine catalyst that makes it much more likely that symantec can pull some kind of comeback if not, it is easy to imagine the company putting itself for sell too many other problems for me to justify recommending symantec there was that nasty auto committee investigation. one week after starboard got involved, we learned the company concluded t

symantec, rumors after private equity fund would buy symantec that pushed the stock higher. trip advisors crushed third quarter earnings. let's move on to some laggards on the s&p. spinning off midstream assets, almost down 44, 45% for the month of november. pg and activision. suffering with acquisition. caterpillar being quite volatile with tried but did beat earnings. you have american express had their share, their share price hit a 52-week high on wednesday. they newly announced a dividend given out in february. you have 3m, gains there. move to the dow losers, boeing, goldman sachs, investigations, continuing within the malaysian government. fraud, bribery, all of that information. apple fears after iphone slowdown, heading into december. a lot of factors change the markets going into december. i'm sure you will get into that. back to you, liz. have them on the screen. liz: christina, the cell phone world would be tariffed. president trump has said, if he doesn't get a trade deal with china, then, that might happen. laptops might be open to new tariffs coming out of chi

. ♪ emily: symantec surged the most the privateafter equity firm acquired about an position. certainty discussions could lead to a deal, the discussions are giving investors hope as the software giant struggles to overcome waning interest in its offerings. the founder of softbank announced the japanese tech giant will not be cutting its ties to saudi arabia. instead, it is doubling down in the kingdom. softbank announced lands to develop a 1.2 billion dollar solar plant expected to generate 1.8 gigawatts of power a year. softbank started preliminary even to engage interest amidst the outcry over the murder of saudi government critic jamal khashoggi. this,o talk about all of sarah mcbride. not causingmake of but doubling down in saudi arabia right now? sarah: it's interesting . just a few days after we learned about people being detained, we learned about their plan to invest in saudi arabia, so they to announce these partnerships, and that appears to be what they are doing now. 18 of gigawatt plant is bigger than any solar plant in existence today, but it is also much smaller

tune in tomorrow for our interview with symantec ceo after those quarterly reports.@technology. this is bloomberg. ♪ show me movies a grinch would love. [ bark ] nu uh, i'm picking the movie tonight. [ whimpers ] be sad, i enjoy it. show me grinchy movies. oh, goody. [ whimpers ] mmm, fine! show me movies max would like. see the grinch in theaters by saying... "get grinch tickets" into your xfinity x1 voice remote. [ laughing ] uh oh. something in my throat. announcer: the following is a paid presentation for copper chef wonder cooker, brought to you by tri-star products. do you have different appliances taking over your kitchen, always thinking so much space and you are left with a cleaning disaster. from the makers of america's number one selling cookware brand and voted product of the year in cookware. the copper chef wonder cooker. it is a roasting pan, dutch

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. ♪ ♪ emily: symantec surged the most in 17 years after the report that a private equity firm inquired while there's no certainty the discussions could lead to a deal, the discussions are giving thestors hope as cybersecurity software maker struggles to overcome waning consumer interest in antivirus program. ant company has been on acquisition spree. biotech company 23 and me has dna tests that tells people about their ethnic background and genomic health risk, now adding pharmacogenetics. last week, they got fda approval for a test that can tell customers how they will respond to medications based on their genetic profile. several other tests are on the market that 23 and me is the first of its time to get fda approval for direct to consumer sales. so why are some calling a dubious science? i sat down with the ceo at the breakthrough prize awards to discuss. take a listen. ♪ >> if the huge step forward. one thing people don't realize, every single one of us metabolizes medication in different ways. sometimes it will work great for you and it doesn't work for me, or in the worst-case s

to get the latest, selina wang said down with greg clark, had a symantec, to find out if he sees chinathreat. >> china has been attributed with many pieces what we call a persistent threat over the years and i have the agreements that president obama made with the chinese government was a landmark one. we have seen an increase in activity in recent types after that. but i think we are in a situation where nation-state espionage will continue and we have to stay diligent how we protect ourselves against it. >> he has invested heavily in cybersecurity and that a private equity firm was interested in taking over your company? >> that is speculation. >> what can you say about strategic options? >> we take a long view and we are here for the long view and invest in technology in our employees and customers. and sometimes we get some headlines. >> after this investor took a stock in the company, what has their impact been? >> the individuals are excellent. we have been working very well with them and i think we are happy with their contribution in the board room. >> you have been happy with

it is the last trading day of november look at the biggest gainers on the nasdaq 100 this month symantec and starbucks leading the way. >>> and pat gelsinger sits down with us lling foowthe company's earnings more "squawk alley" straight ahead. who says our bank isn't tech enough? everyone, look at your phones. the design thinking, the digital engineering, security, blockchain, and we will be first to market! yes. when we do we launch? unfortunately, in 2 or 3, hours. why the delay? cognizant is helping banks use digital technologies at scale to advance speed to market. your digestive system has billions of bacteria, but life can throw them off balance. re-align yourself, with align probiotic. and try new align gummies, with prebiotics and probiotics to help support digestive health. >>> shares of vmware higher by 1.5% after posting a top and bottom line beat, and raising the full year outlook to the surprise of some analysts on the stree street joining us, the ceo, pat gelsinger. >> good morning. thanks for having me on the show today. >> glad to have you with us. i want to dig into the

that is one of the best performers and symantec.the ones that we normally think about as being the sexiest tech stocks. >> thanks so much. bertha coombs covering -- >> a lot of these were big rebound stocks. advanced micro. that stock had been cut almost in half. let's understand that business from amazon web services is very significant. >> citi had some -- as the dow tries to go green, let's get to rick santelli in chicago. >> good morning, carl. one week of tens. we basically have a double top around the 323 area. we touched it yesterday. 323.5 closed there. open the chart up to early may. you can see the twin peaks there. what is always fascinating, treasury traders love double tops. it's one of the key reversal patterns. sometimes it works for a while. sometimes it works for a long while. here is a fly in the ointment. let's look at same day for 30-year bonds. doesn't look like the double top. you can see all maturities backed away. it really under scores something. last fed meeting was 26th of september. let's look at 30s minu

look at winners and losers the dow is up ten points more "squawk on the street" after this break symanteclashy corners of the market quietly made new highs. find out more on trading nation.cnbc.com. at&t provides edge-to-edge intelligence, covering virtually every part of your retail business. so that if your customer needs shoes, & he's got wide feet. & with edge-to-edge intelligence you've got near real time inventory updates. & he'll find the same shoes in your store that he found online he'll be one happy, very forgetful wide footed customer. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & if your customer also forgets socks! & you could send him a coupon for that item. >>> and welcome back to "squawk on the street. i am dominic chu we are awaiting more headlines from the g20 the energy stocks of course, lower today after crude oil once again broke below 50 bucks a barrel, now down 35% from recent highs in early october among names leading that group to the down side, apache, newfield exploration now back

the report labels this area as semantically problematic which i don't disagree with and i have two symantec issues to raise. very commonly in the community and i think report lashes into it in a couple places is trust is treated as an on alloy good. and trusting things that are working is not an alloy good. the psychology field has this term of calibrated trust and it is important to keep reminding yourself that trust going up is not necessarily a good thing. trust going up to exactly the right place where you trust that you know what missions and what environments the system will perform well in but you also know what it will not perform well in is critical. and it is routine and i think it's probably a part of human nature people assume the system isgoing to work and therefore what you want to do is trust it well . no system works perfectly everywhere, so the idea of calibrated trust and freestanding trust is important. and the other has to do with explain ability and transparency and we would add instrumentation for this. one of the things are going to need to do to build a theory is the

it beat on earnings, revenue is weaker than expected lastly, semantics -- symantec has interest in acquiring a cyber security firm. most weeks, a major factor in the elections, why this year is the party in power at risk of lo losing the house of representatives? power and politics next on "power lunch." the world is alive as you can see, this time of the year is so much more than a bow and a tree. (morgan vo) those who give their best, deserve the best. get up to a $1,000 credit on select models now during the season of audi sales event. ♪ whoa! (phone rings) daddy, mommy's on the phone! hi! how are you guys? at&t proudly offers wireless and tv discounts to military, veterans, first responders and their families. visit att.com/hero. >>> let's get a check on the marks at this hour stocks are pushing higher on this election day the nasdaq moving further from correction territory trying for its first gain in three days it is higher by 33 points the action is in the commodities market crude oil is shrinking down from a bear on its most recent high ibm, caterpillar, boeing leaving and the mylan

stuart: symantec, we are glad you're not starving. samantha dave bianchi, thank you very much.rly $4 billion in the last fiscal year. fewer people mailing letters, fewer people mailing bills. the postal service says overall volume fell by more than 3 billion pieces of mail. the price of oil going back up a little bit this morning. not much, but you're a payback is still at $56 per barrel. falling for the 35th straight day, the price of gasoline, the national averages 267. check this out. cheapest gas in the country in and prior express in new orleans. $1.89 a gallon down there. just by the statute and on. these are people acerbic at stations across the country. five state now have at least one station $1.99 or less. oklahoma, louisiana, missouri, texas, ohio. six states have average prices a year ago. michigan, ohio, delaware, indiana and iowa. the most important part were likely to see hundreds of stations at under $1.99 by thanksgiving. next week. >> who would've thought that. you wonder if this could help the gdp number. i don't think any of us are hundreds of gas stations b