william blair. i'm eager to hear why you think it's going to be such a standout. >> happy friday to you. yeah, i can't think of a better pick, and you know, maybe secretary that i helped work with in 2013, but i think chris is an excellent pick, particularly because he's pro-human. you know, he believes that energy is essential to life, and to power modern society, we're going to need more of that. and i think that having that logic and reason and bringing that to the table is something we need more of, and so i'm quite excited, and i think, yes, as you mentioned, it's quite a positive for gev and probably a negative for some of the solar names too. >> so, okay, let me back up for a second. what is ge vernova -- i love, by the way, that the spinouts of ge, the break-up has generally done quite well. what is ge vernova, and how do you think it will kind of see its different lines of business benefit? >> yeah, so, when ge broke up, one of the spinouts was the power business, so you saw, you know, it's

dylan carden of william blair. i'll see you at 4:00 p.m. for "closing bell: overtime.will be joining me. do not miss that. and, well, that's going to do it for "the exchange." "power lunch" is coming up next, righont the other side of this quick break. finished and sent. [sending swoosh] we have tight turnarounds. at&t business helps us deliver. okay! client wants his head bigger. wow, fast response. sent! okay, oop! even bigger. sent. [sending swoosh, notification alert] still bigger. okay, yeah i'm not doing that— [typing noises, sending swoosh] i think it still looks good! [notification alert] oh — even bigger. hive digital technologies is embracing the ai boom by supercharging its data centers with nvidia gpu chips, a move that diversifies hive's revenue streams and solidifies its position as a leader in the digital economy. hive digital technologies. (♪♪) (♪♪) (♪♪) everyone has goals and dreams. and everyone deserves a way to get there. wherever you're going, getting there starts here. state street. invest in your future with spy, the world's most traded etf. (♪♪)

william blair, standing with a new high, mdaq. >> small cap index how does it look?t we are watching is resistant 260 for the russell 2000. we are not buyers right here. it is overstretched. it could be a major break out. >> do you think there is a pipeline to be had next year? >> 100%. three or five tech ipos last year. a huge penalty up demand just as seth just told us. [ laughter ] >> this all tells me equities are going higher. so much out there, private equity, the market is going, this is part of the backdrop for equities. this is what people are expecting. it is going to happen >> calling seth reuben reuben is not bad. remember the sea of bob evans was on? >> yes. called him mr. evans. >> that is off base, or tim apple. >> yes. so many other. >> you have been called michelle like 100 times, right? >> yes. >>> up next, final trades. covid-19? i'm not waiting. if it's covid, paxlovid. paxlovid is an oral treatment for adults with mild-to-moderate covid-19 and a high-risk factor for it becoming severe. it does not prevent covid-19. my symptoms are mild now, but i

shares of ulta down 2% after a downgrade to market perform over william blair.right the early 2025 infliction, the beauty industry expects for is unlikely and migration online will continue to cannibalize retail. shares down 13% over the past week. berkshire has been a seller as well hitting the lowest level since mid-august. elf, which supplies into ulta stores, up 2% today shaking off the short report. carson block made his case here on "the exchange" yesterday which sent the shares down 10%. alleging that elf has been overstating revenue and profits. they are higher today. the company also issued a response this morning writing that money waters is relying on incomplete data and flawed assumptions omitting critical context and speculation as fact. the ceo will be on with jim cramer tonight to respond to the report at 6:00 p.m. eastern. >>> coming up, the combination of the incoming trump administration and fed rate cuts has deal making set to pop next year. we have the numbers and the industries re foipr some of this activity next on the exchange. > exchange.

william hague and he absolutely stormed it every week. those gags, and it made absolutely no difference, took tony blair two years to work out how to deal withue. took him two years and he finally got there. he said, this is great sixth form debating society. and that completely floored william hague. and that line was used, of course, wasn't it? but interestingly, with kemi badenoch, what she did is she picked up on all these disobliging remarks about donald trump from david lammy and keir starmer, and she clearly needled the prime minister, needled him on an interesting point that he found difficult to answer, which is you didn't want donald trump to address parliament in the past. would you allow that again? and he didn't want to get into that. i think technically it's a matter for the speaker. but one thing that i think was interesting is that, yes, she needled him, but she did make a mistake and absolutely provable mistake, which she talked about the budget and there was no mention, she said of defence in the budget. and i sat through, i remember sitting through two hours and 20 minutes of prime minister's questions, the budget, rishi s

louisville next month, which means there's a real question whether blair fleming will be allowed to play. >> gillian: all right. williamh that story for us out of l.a. thank you. >>> president-elect trump sails he plans to launch a "large scale u.s. advertising campaign meant to tackle the fentanyl epidemic. he's declaring on truth social that by the time the campaign is over, everybody will know how really bad the horror of this drug is. fentanyl today is seen as the primary driver of overdose deaths across the u.s. claiming nearly 75,000 lives last year alone. let's bring in dr. nicole sapphire, fox news medical contributor. perfect guest, dr. sapphire, to talk to us about this. thank you for taking time for us. i want to read you this. this is from the drug enforcement agency. they say for the first time now since 2021 they've seen a decrease in the potentsy of fentanyl pills. the latest lab testing they have done indicates five out of ten pills tested in 2024 contained a potentially deadly dose of fentanyl. this is actually way down from 7 out of 10 pills last year and 6 out of 10 pills back in 2022. so while it co

blair virginia 55 jon dickinson delaware. george washington 55. daniel of st. thomas jennifer maryland 57. williamhnson connecticut 59 now are getting into the real old ones, georgia wyageorgewyatt virginia 61, geon great man virginia 62 william livingston new jersey 63. david of maryland 64 roger sherman connecticut six the oldest benjamin franklin 81. other than franklin the oldest delegate to the constitutional convention was 66. most of them were in their 30s. and they did a good job. donald trump deserves his team as i said they are young. they are experience they are substantive and vibrant. they are good communicators to the american people and they have a massive job ahead of them. isn't it time that the generation of the greatest generation in the biden generation isn't it time passed to a new generation that donald trump recognizes that to bring people in the last 100 years that these are people that bring new experiences. they bring motivation. they bring energy. these are people of a generation who were going to have to hand the ball to now. so, why keep holding it back? isn't it time

william has this story. >> julie, this issue is not going away. if san jose state makes it to louisville next month, it will get bigger because kentucky prohibit trans athletes in women's sports. blairical male. she was record setting on the women's team in virginia and she went to coastal carolina before transferring to san jose state. she was named all-conference team with honorable mention. three teams refuse to play them. a dozen players filed suit against mountain west conferences it violated their ri rights. biden appointed judge said suspending fleming from the tournament would risk confugsz a confusion and prejudice. according to latest forfeit by boise state, athletic director says players should not have to forego this opportunity while waiting for a better system that serves all athletes. where do we stand? 21 states banned biological males in women's sports. many expect president trump to take a different view. we're waiting for department of education to issue new rules on trans athletes competing from grade school to college. >> julie: appreciate it. great to see you. jason rantz, is in focus. great to see you. what say you? this is same old argument we continue to tal