umgc values the successes you've already achieved. that's why you can earn up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> we are back with the nasdaq again retreating from a record set earlier in the week. our next guest says one of the most loved corners of the tech space could be a risk at a bigger pullback. joining me is jeff degraaf. good to see you. welcome back. >> thanks, scott. >> what are we talking about here? your previous guest talked about expectations and one of the things that we look at is option pricing along with momentum and when we see excessive momentum and more momentum players, so we actually like momentum, but when we see the option pricing betting that the momentum is going to continue or actually exceed history that becomes a problem for us. we're seeing that in semiconductors and names like qualcomm and names like nvidia and it says to us, there's probably a better opportunity of a pullback her

umgc values the successes you've already achieved.why you can earn up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. [thunder rumbles] ♪ ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ [thunder rumbles] ♪ ♪ >>> welcome back to "fast money. caesar's surging nearly 12% leading the casino rally today after icon made blowing comments about the company. >> hey there, carl he bought stock in caesar's. when i called carl icon he doesn't like to talk about his positions but we know icon thinks highly of caesar's ceo. after all essentially he put the guy in the job and tom rheem told me today he agrees with carl icon. caesar's shares are undervalued. up about 25% year to date in spite of what we saw last year quarter after quarter of brag-worthy results. even last quarter caesar's missed expectations. bad luck

umgc values the successes you've already achieved.s why you can earn up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. [crowd chanting] they ignored your potential, and mocked your ambition. but it's not the critic who counts. with every swing and block, your game plan never changed. ♪♪ some still call it luck. let them. because you know what it's always been. inevitable. ♪♪ ♪♪ from pep in their step to shine in their coats, when people switch their dog's food to the farmer's dog, the effects can seem like magic. but there's no magic involved. (dog bark) it's just smarter, healthier pet food. it's amazing what real food can do. >>> welcome back to "fast money. stocks selling off despite nvidia's rally, as expectations for a fed rate cut dimmed again. the nasdaq down about 0.4% shares of international paper jumping after a bullish call over at jeffries analysts upgrading the name to a buy, raising the price target to 57 bucks, a

umgc values the successes you've already achieved.hat's why you can earn up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> welcome back to "the exchange," everybody. i'm tyler mathisen with your news update at this hour. a courtroom win for former president trump today. a new york appeals court ruled he can sue his niece, mary trump, forgiving information to "the new york times" for its 2018 probe into his finances. the court ruled there was substantial legal basis for trump to claim she violated confidentiality provisions of a 2001 settlement over the estate of trump's father, fred. mary trump has yet to comment. >>> once a bitter rival, now a fund riser. advisers to florida governor ron desantis say he hopes to raise tw at least $10 million for the trump campaign. he says the money will be used to buy media in key swing states. >>> the new women's basketball league unrivaled has secured big investors. the list includes fo

umgc values the successes you've already achieved.0 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire a slow network is no network for business. matchin that's why moreiption. choose comcast business. and now, we're introducing ultimate speed for business —our fastest plans yet. we're up to 12 times faster than verizon, at&t, and t-mobile. and existing customers could even get up to triple the speeds... at no additional cost. it's ultimate speed for ultimate business. don't miss out on our fastest speed plans yet! switch to comcast business and get started for $49.99 a month. plus, ask how to get up to an $800 prepaid card. call today! >>> welcome back to "power lunch. the nasdaq more than 1%. 1.3%, or 222 points. so

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umgc values the successes you've already achieved. up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> it's time. time for the lightning round. the lightning round is over. are you ready? betsy. >> hey, how you doing? i'm doing great. let's get to business. i'm calling you today about a retailer. under 7 billion. the one year return, the three year return is 275.48%. the five year return is only 432.41%. jim, i like you. i have to ell you, in my estimation this is the single best retailer i have ever found. >> which one? >> gran horowitz of abercrombie and fitch. >> yeah. i expect nothing but good things. you are dead right. i think this is a leftover memory of what it used to be like. let's go to mike in tennessee. >> i'd like my thoughts on a producer out of canada. the final permit and eta for their underground from their florence, arizona project. the company -- >> that is great. i believe in the theory that good cover ca

umgc values the successes you've already achieved. up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> salesforce are dragging the market lower. might it be the wrong business model for the coming age of ai? deidre bosa has today's tech check. >> this is the pain trade of the year and salesforce added more momentum to that. but there is one na wone that c cover an benefit from ai. business models like snowflake, data dog, con fluent. and here is the case for it. if they are compute heavy, any require more usage and so consumption based models meet the needs. versus the subscription basis that is charging based on the number of users that have access to the software. that is great when workforces are growing but not so great if generative ai is making workforces more efficient and smaller. so you would essentially have less seats. i spoke to box ceo on where we are in the cycle. >> if you look at cloud executing, we're in 2006

umgc values the successes you've already achieved. prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> the most important thing remains the customer success, which is why how are we going to make these customers totally transform themselves, more profitable, better customer success, using our incredible new a.i. technology? and that's what i'm really excited. >> salesforce ceo marc benioff last night. the stock down sharply after revenue missed estimates and guidance came in weaker than expected. the stock off 15% this morning. >>> the fda says synthetic nicotine may be more potent than nicotine itself. the agency's responding to the rise of products like vapes, zin, zin pouches and snooze that use nicotine-like chemicals, created similar high. joining with us more on the risks and regulations surrounding these products, scott gottlieb, the former commissioner of the fda, he's now a cnbc contributor and board member of illumina and pfizer. how pre

that's why at umgc, you can earn up to 90 credits toward the bachelor's for prior learning and life ande, why we offer scholarships and affordable tuition, and why we have online classes and the support you need from your first day to graduation day and beyond. no application fee if you apply by may 31st at umgc.edu. (♪♪) something amazing is happening here. possibilities are multiplying. that's because cdw architects are maximizing ai capabilities across organizations with microsoft copilot. ai-powered solutions and devices make complex tasks easier and cybersecurity stronger, so everyone on your team stays protected and productive. make amazing happen. microsoft and cdw. we put our heart into celebrating moms. we are local farmers, bakers, florists and makers who grow and create with a passion. 1-800 flowers. for mom, with love. >>> it is time. are you ready? glenn in florida. >> good evening and thank you for taking my call. the stock that i'm looking at is for healthcare. >> last quarter good. i know it is been uneven. it is been a great long-term worker. sharon in minnesota. sharon

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umgc values the successes you've already achieved.ience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> time for the final trade. timothy? >> cozy desk tonight. ewz. brazil starting to rally. >> intimate, you might say. >> yes. >> dan? >> sorry about that would you rather. >> i forget you. >> i prefer amazon. >> guy? >> miles put the horns on the rangers a week ago. i unhorned them. konno coe phillips. >> that is a word. thank you for watching "fast money." see you back here tomorrow at ft money." see you back here tomorrow at 5:00. "mad money" starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends i'm just trying to make you a little money. my job is not just to entertain you but explain all this to you. so call me at 1-800-74

. >> umgc has been absolutely instrumental in my post-military success. about eight years active duty, additional four reserves, i wanted to go after that lifelong dream. since graduating, i've gotten promoted; and i'm able to operate with confidence now because i now have the technical expertise. at university of maryland global campus, i feel i can accomplish anything. >> learn about our more than 125 online degrees and certificates at umgc.edu. money. shares of netflix climbing more than 3% today and closing at its highest level since november 2021 the move coming after a bullish call that reiterated an outperform rating, to $725, 13% upside from here analysts at wedbush said the company has won the streaming wears. bonawyn, what do you think agree? >> i tend to agree i think they've won the streaming wars we've seen a lot of bodies strewn in that war i really just wonder how much upside there really is from here i tend to agree, but with a relatively quick hook. i would probably look to buy some puts or something, given volatility being so low. >> the

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umgc values the successes you've already achieved.can earn up to 90 credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> welcome back to "fast money. with big tech earnings me hind us, we're about to enter the retail portion of this earnings season home depot and walmart kicking things off this week but these two stocks that had very different runs this year. with walmart trading near records and home depot treading water. so, that got us thinking, would you rather walmart or home depot? guy? lets out a big sigh. >> it's america's favorite game. >> it sure is. >> would you rather? am i going first >> is this a difficult choice? >> it is walmart is at an all-time high home depot, valuation for the first time in awhile is reasonable however, is home depot a nondiscretionary thing or -- so, that's the rub here, and, you know, the heyday was clearly from the middle of covid, everybody's home, getting those checks, spending on their homes.

umgc values the successes you've already achieved.credits from prior learning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >> announcer: lightning round is sponsored by charles schwab. trade brilliantly. >>> it is time, time for the lightning round, play the sound. [ buzzer ] >> then the lightning round is over gabe in michigan gabe >> caller: hey, jim. how are you doing? >> i'm doing well. how about you. >> caller: good, thank you hey, longtime viewer, and club member here. >> thank you >> caller: looking at i think we agree on this company with the outlook of ago bbbott labs >> the outlook is fabulous there is a lawsuit involving its competitor lost the case and i think this is not going to be a big deal but it doesn't matter. people know what happened with j&j and they're scared we're waiting till at least it gets to par or 100 to be able to buy more but we believe in the company. tony in illinois tony >> caller: first-time, jim >> got you. >> caller: mad

that's why at umgc, you can earn up to 90 credits toward the bachelor's for prior learning and life anderience, why we offer scholarships and affordable tuition, and why we have online classes and the support you need from your first day to graduation day and beyond. no application fee if you apply by may 31st at umgc.edu. type 2 diabetes? discover the ozempic® tri-zone. ♪ ♪ i got the power of 3. i lowered my a1c, cv risk, and lost some weight. in studies, the majority of people reached an a1c under 7 and maintained it. i'm under 7. ozempic® lowers the risk of major cardiovascular events such as stroke, heart attack, or death in adults also with known heart disease. i'm lowering my risk. adults lost up to 14 pounds. i lost some weight. ozempic® isn't for people with type 1 diabetes. don't share needles or pens, or reuse needles. don't take ozempic® if you or your family ever had medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2, or if allergic to it. stop ozempic® and get medical help right away if you get a lump or swelling in your neck, severe stomach pain

. >> umgc has been absolutely instrumental in my post-military success.ut eight years active duty, additional four reserves, i wanted to go after that lifelong dream. since graduating, i've gotten promoted; and i'm able to operate with confidence now because i now have the technical expertise. at university of maryland global campus, i feel i can accomplish anything. >> learn about our more than 125 online degrees and certificates at umgc.edu. >>> we're back ugly stock in this market today is right there down nearly 18%. it's dell. and that's after last night's earnings shares heading for their second worst day ever investors reacting to weaker than expected backlogs for ai servers. this month emj capital's eric jackson said he sees it as a stealth play welcome back good to see you. >> hey, good to see you. >> was it really stealth i thought the stock was doing pretty well because it was caught in this ai halo effect, and now we're seeing what happens maybe when your outlook is disappointing >> well, it wasn't one of the immediate names that i think peopl

. >> [music] i enrolled in umgc because i became very passionate about emergency management.ssors were great because they've had several years' experience in the field. they've seen emergency management hands-on. i'm able to learn from their experience and really make a difference. i picked university of maryland global campus because you get so much more out of it than just a diploma. >> learn about our more than 125 online degrees and certificates at umgc.edu [ music ] >>> op welcome to "power lunch." alongside kelly evans, it just feels right. it is such a good place to be. i am dominic. coming up on the show, we

that's why at umgc, you can earn up to 90 credits toward the bachelor's for prior learning and life and job experience, why we offer scholarships and affordable tuition, and why we have online classes and the support you need from your first day to graduation day and beyond. no application fee if you apply by may 31st at umgc.edu. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. and they're all coming? whose resumes on indeed mathose who are stillia. with us, yes. grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. >>> we're starting to see a clear divergence between the haves and have nots in the restaurant space take brinker international the parent of chili's and madgeiano's which is one of the haves. tuesday morning 89-cent earnings base off $1.15 basis wow. strong traffic, especially chili's. it's up 25% for the year that is fan

. >> umgc has been encore energy. absolutely instrumental in my post-military success.er doing about eight years active duty, additional four reserves, i wanted to go after that lifelong dream. since graduating, i've gotten promoted; and i'm able to operate with confidence now because i now have the technical expertise. at university of maryland global campus, i feel i can accomplish anything. >> learn about our more than 125 online degrees and certificates at umgc.edu. >>> welcome back to "the exchange." take a quick look at the dow headed for its second straight week of losses the s&p and nasdaq are set to snap five-week win streaks all three are set for their sixth positive month out of seven, but 40-k, as someone said to me the other day, sometimes they do ring a bell at the top take a look at the other movers. mongodb cut guidance for the first fiscal year, coming off a third straight quarter of slowing revenue growth, climbing only 22% in the last quarter >>> elsewhere, shares of dell are down 22% now, after the company gave disappointing guidance andry vealed a l

. >> [music] i enrolled in umgc because i became very passionate about emergency management.fessors were great because they've had several years' experience in the field. they've seen emergency management hands-on. i'm able to learn from their experience and really make a difference. i picked university of maryland global campus because you get so much more out of it than just a diploma. >> learn about our more than 125 online degrees and certificates at umgc.edu [ music ] [stomach growling] it's nothing... sounds like something. ♪when you have nausea, heartburn, indigestion♪ ♪upset stomach, diarrhea♪ pepto bismol coats and soothes for fast relief when you need it most. right now you can get a free footlong at subway. just buy any footlong in the app and get one free. just scan the qr code and enter promo code flbogo it only works from the other side of the screen, buddy. you still got a land line in your house. order now in the subway app. >>> okay. i want to take you back to election night, 2020, when donald trump walked out to the cameras inside the white house and sent th

. >> umgc has been absolutely instrumental in my post-military success.ight years active duty, additional four reserves, i wanted to go after that lifelong dream. since graduating, i've gotten promoted; and i'm able to operate with confidence now because i now have the technical expertise. at university of maryland global campus, i feel i can accomplish anything. >> learn about our more than 125 online degrees and certificates at umgc.edu. why choose a sleep number smart bed? can i make my side softer? >> learn about our more than 125 online degrees i like my side firmer. sleep number does that. now, save 50% on the sleep number limited edition smart bed. plus, 0% interest for 36 months. shop now at sleepnumber.com >>> we've told you a lot about the trump entourage has been showing up and donald trump's trial day after day, some very clearly auditioning for the vp slot. virginia thomas men bob good and virginia state senator john mcguire, they are locked in a primary fight for goods house seat in virginia's fifth district. voters are going to the polls li

. >> [music] i enrolled in umgc because i became very passionate about emergency management.fessors were great because they've had several years' experience in the field. they've seen emergency management hands-on. i'm able to learn from their experience and really make a difference. i picked university of maryland global campus because you get so much more out of it than just a diploma. >> learn about our more than 125 online degrees and certificates at umgc.edu [ music ] >>> we're now in the closing bell market zone. cnbc senior markets commentator mike santoli, in omaha, to break down the crucial moments of the trading day. amgen's leading the dow today, angelica on that move. seema mody, with two different travel stocks. the s&p at 5130 means what? >> it means the pressure was relieved on a few fronts. both the 1ten, the two-year yied down, that's the market's way of rebuilding the possibility for fed rate cuts down the road because patience might be rewarded on inflation. had amazon and apple earnings, plus all the rest that have built toward a conclusion that earnings e

. >> [music] i enrolled in umgc because i became very passionate about emergency management.y've had several years' experience in the field. they've seen emergency management hands-on. i'm able to learn from their experience and really make a difference. i picked university of maryland global campus because you get so much more out of it than just a diploma. >> learn about our more than 125 online degrees and certificates at umgc.edu [ music ] >>> welcome back to "fast money." the magic kingdom is on the clock. disney set to report tomorrow before the bell, with shares up nearly 30% this year. the best performer in the dow so far. the company's heated proxy felt with nelson peltz in the rear view mirror and investors are focused on the health of disney's direct to consumer business, which saw a drop in subscribers last quarter. so, can investors expect disney to deliver in q-1? guy, what's your take? >> well, i think we're past the point of saying they're going to cost cut their way to prosperity. i think they've gotten the b benefit of the double on that one, which is fine.

that's why at umgc, you can earn up to 90 credits toward the bachelor's for prior learning and life and we offer scholarships and affordable tuition, and why we have online classes and the support you need from your first day to graduation day and beyond. no application fee if you apply by may 31st at umgc.edu. >>> apple shares are up this morning, rising nicely, up almost $11. the company reported, though, a 10% drop in iphone sales. that's about what was expected. also announced plans to buyback $110 billion of its stock, the largest in corporate history, not just apple. joining us now, senior i.t. harbor analyst at b of a securities, ramzi. at least the -- what is being written today is that the results even though there were some negative numbers in terms of growth, they were better than what the street was expecting, in general. same for what you were expecting? >> yeah, joe. thanks for having me on. i think it is really interesting to see these results because, first of all, i think that they lowered on everything that people asked for. on china, there were a lot of fears going in

that's why at umgc, you can earn up to 90 credits toward the bachelor's for prior learning and life andffordable tuition, and why we have online classes and the support you need from your first day to graduation day and beyond. no application fee if you apply by may 31st at umgc.edu. we put our heart into celebrating moms. we are local farmers, bakers, florists and makers who grow and create with a passion. 1-800 flowers. for mom, with love. >>> w" thissing morning warner brothers discovery share, falling after quarterly results missed top and bottom line and disney planning to offer their streaming sflgss s disney+ hulu and max, the cake cake -- tv cable side of it. talking about state of media and this paramount potential transaction in the offing. i don't know what you want to start with earnings what did you make of them? >> you got nba rights, too, andrew a lot of moving parts. a lot of things going on in this company, in this sector right now. look, earnings are disappointing, obviously but it's not shocking. when you think about what's happening. linear tv is in a lot of trouble.

umgc values the successes you've already achieved.rning and life and job experience toward our bachelor's degree programs. no application fee if you apply by may 31 at umgc.edu. >>> shares of williams sonoma jumping after quarterly results. earnings for that company, $4.07 a shire. a lot better than the $2.70 the street expected. revenue $1.6 billion in line with expectations. i can only assume profit margins were up. same-store sales fell 4.9% during the quarter better than decline of 6.2% the street expected. williams sonoma affirms guidance for full year and stock up. >> a strong one today, too. >>> new developments on amazon's a.i. the company is planning an a.i.-driven overhaul of alexa. we have details. >> good morning. yeah amazon plans to give alexa its voice assistance a major a.i. overhaul this year and add a monthly subscription to offset costs according to people familiar with amazon's plans sources telling me the company is planning to unveil a new version of the now decade-old voice assistant. later this year. it would p

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. >> [music] i enrolled in umgc because i became very passionate about emergency management.s were great because they've had several years' experience in the field. they've seen emergency management hands-on. i'm able to learn from their experience and really make a difference. i picked university of maryland global campus because you get so much more out of it than just a diploma. >> learn about our more than 125 online degrees and certificates at umgc.edu [ music ] >>> welcome back to "squawk box. "wall street journal"ing that t-mobile and verizon are in talks to carve up us cellular. joining us for more is walter pichek help us understand how you think this plays out i'm also curious whether you think regulators are going to allow all this to take place >> these transactions, second question first, andrew, these transactions typically take a long time. t-mobile was just trying to buy an mbno. that's not anyone that owns spectrum this is the radio frequencies the government really controls that took a very long time to get approved the current administration was not a fan o

that's why at umgc, you can earn up to 90 credits toward the bachelor's for prior learning and life and we have online classes and the support you need from your first day to graduation day and beyond. no application fee if you apply by may 31st at umgc.edu. >>> welcome back, everybody. retail returns have surged since the pandemic. and the items often end up staying on the shelves or ending up in a landfill. joining us right now to talk about his new venture into a.i. that tries to tackle that problem is john paul dejoria, the founder of petron and co-founder of john paul mitchell systems. a lot of other things he's working on. thank you for coming in. and it is really interesting what you're working on right now. talk about this. >> it is my pleasure. no one even knew it existed, eight years ago i invested in a company called renew logics. we would take them in, disassemble, take out the parts that are valuable and get rid of the remains. companies love this. a few years ago, gary stevens, who is in that company, heading it up, came up with a brilliant idea of what the industry needs,

. >> umgc has been absolutely instrumental in my post-military success.ctive duty, additional four reserves, i wanted to go after that lifelong dream. since graduating, i've gotten promoted; and i'm able to operate with confidence now because i now have the technical expertise. at university of maryland global campus, i feel i can accomplish anything. >> learn about our more than 125 online degrees and certificates at umgc.edu. >>> it is 7:00 a.m. on the east coast. you're watching "squawk box" right here on cnbc. i'm andrew ross sorkin with joe kernen. becky quick is off today. among today's top stories, investors preparing new look at the state of inflation. we're going to get the april cpi report. that's due out 8:30 eastern time this morning. headline number expected to show a slight drop from march reading and a 3.4% year over year gain. we'll bring you that number. meantime, meta shutting down workplace, its competitor, to slack and teams. still be available to users through august of next year. formerly known as facebook at work, the program was la