. >> xilinx. xilinx has got too much china.want to own the core and the microns and nbda or amd. i like all those better. let's go to mike in new jersey mike, mike, mike >> caller: boo-yah to you. thanks for taking my call. >> of course >> caller: jim, i own occidental petroleum, about $5 more than it's selling for now i was thinking of buying more at the lower price. >> no, no. we're not going to buy more oils i've gone over and over and over and the oils are just a bummer, okay that's a real technical term it basically means that they're fossil fuel stocks and the young managers won't own them and people don't even trust the dividends. okay let's go to joe in maine, joe? >> caller: boo-yah, jim. how you? >> i am good, joe. none better. what's going on? >> caller: well, thanks for being a great inspiration and knowledgeable teacher to all of us small investors out there. >> thank you thank you, buddy >> caller: i'm interested about your thoughts on data dog, symbol ddog. [ barking >> don't know datadog. that's a trick i want a

. >> xilinx offers a weak forecast due to the china trade war more big earnings on the way today, twitter reporting in a few hours. the social media company expected to boast solid numbers. later on today, amazon has increased scrutiny and calls to detour profits joining me noun, head of technology and media training. joel, let's do twitter because it comes up first, what are you expecting with this report >> good morning. twitter has been under pressure. snap's reaction yesterday led to some selling pressure on twitter. it seems to be a little bit of a coin toss. they are going through some health conditions cleaning up the platform continued potential ad budget as they are phasing out some of their ad legacy products i think they've done a tremendous job that seems to be the key, potential ad budget and what we'll see in terms of the monitised number any upside to that 142 is what the stock needs you've got elections will be good >> 100%. i think you have the 2020 election, olympics in japan set up for the solid outlook for 2020 still a platform where people are still attracted to again

chips are mixed with upgrade from nomura over at xilinx that is one of the big gainers on the nasdaq.g, holding up the chip sector, but it is fractionally lower, chips are among the strongest performers so far this month, up about 2.5% for the sector the faang names are kind of mixed as well. facebook, of course, feeling a little bit of pressure this morning as both mastercard, visa and stripe join ebay and pay pal in saying they are not going to be supporting libra. nonetheless, facebook, netflix, and apple so far this month are the best performers among those faang names. finally, lyft and uber continue to face regulatory issues here in new york city they want to limit the amount of time that uber and lyft drivers can cruise around the city, particularly manhattan without customers and the two ride sharing firms are suing the city to try to not be penalized on that front lyft continues, though, to be under pressure you see it is down 45% from its debut this year. back over to you guys. >> yeah, story we'll continue to watch, thank you bertha coombs at the nasdaq. time for a closer l

working both ways at this hour, not just micron, infineraen on semiconductor and xilinx, but the large cap etf is pushing to its fourth straight session of gains. if you don't know what this is, it's a china-focused basket of heavyweights. while it is up 2%, slightly off the highs of the session today, in it, alibaba, baidu, jd.com, all of them showing decent strength, anywhere from 1% to 4%. i guess you could say soy vay as soybean prices climb to their highest point since the start of the trade war. investors are pouring in on belief of a possible deal, meaning that china will restart very large purchases of not just soy but all american agricultural products. trade-sensitive stocks are among the big blue chips at the moment. caterpillar, minnesota mining and manufacturing, all of them moving higher at this moment. look at these nice moves for dow. dow of course the chemical giant, 5.5%. caterpillar better by nearly 6%. 3m up 4.33%. >>> we start with deirdre bolton live outside at the white house. what are you seeing and hearing that indicates that maybe it might be different this ti

xilinx has faded here in the afternoon. >> bertha, the realization that a trade truce is not a tradeuld note that a lot of the ipos are weak. crowd strike was initiated at citigroup with a sell. we saw smile direct, the california governor is signing a bill there that may negatively impact their bids. you can see that's been going nowhere but down for the last several weeks. there's the dow jones industrial average, closing about 26 points, volume very light today on this columbus day holiday >>> good afternoon welcome to the "closing bell." i'm wilfred frost. >> and i'm contessa brewer in for sara eisen today we are in the market zone. you can see today's action on the right side of your screen with the stories still coming up on the tabs at the bottom of the screen >> let's check in on how the market closed, down just 30 points on the dow. we were down 67 at the low, up 58 at the high of the session. essentially, the markets, as you can see, were all just below the flat line. bear in mind, strong rally that we saw on friday and indeed for the two days before, down just 0.14% on the

but names like intel are still stuck in the mud xilinx, which is considered to be a huge 5g play, alsoly, still up a little bit, gown considerabbut down com its highs. there's a lot of names that don't act particularly well. >> okay, mike, thanks again. we'll see you again a bit later. we've got 28 minutes left of trade and currently lower, but only by 45 points or so. coming up, we've got your last-chance trade and dan is picking a recent ipo that's down nearly 50% from its ipo price. we'll reveal that call, coming up >>> and after the break, we'll take a deeper dive into the state of the ipo market following wework's fall from grace. and here's a quick check on bonds. u.s. treasury yields are ticking higher after a big drop in last week's roller coaster market "closing bell" is back very quickly after this break what do advisors look for in an etf? i tell clients, etfs can follow an index, but which ones target your goals? it's not about quantity. it's about quality. no trendy stuff. i want etfs backed by research. is it built for the long-term? my reputation depends on it. flexshare

. >> xilinx says full-year outlook is down. including the impact of the u.s.ions on huawei the second major to impact the trade war. chip making equipment maker lam research are rising. beat estimates saw jim tweeting about this. monster quarterback for lam. >> johnson&johnson cutting profit by $3 billion to account for the deal announced before federal trial was set to start the framework hammered out in north carolina, tennessee and texas. saying j&j would pay a $4 billion fine and other drug companies have offered to pay $18 billion collectively over 18-year period they'll need proud support johnson&johnson facing thousands of lawsuits over a number of its products lowering a number of third quarter profits to 1.81 a share. no impact to its adjusted earnings numbers when did we talk to the cfo of j&j? two weeks ago? might have been three. we were talking about what these settlements could mean >> i think it was the next day it wasn't that long ago. the next day is when they had to recall that single lot of baby powder we weren't even really talking about th