Year amd left out of the party recently stock down in 2017 a rare exclusive with amd ceo. Her plan to power growth a 24 carat edition of power lunch starts right now. Move yeah what yall trying to do all right, bruno mars may make want to dance but these numbers on wall street will certainly get you out of your chair. Welcome to power lunch, everybody. Im Tyler Mathisen dow, best day of the ye so far final trading day of november. The dow giving ply son macke a wonderful birthday present happy birthday mack best day of the year dow, s p 500, russell 2000, small caps and transports all hitting new alltime highs the dow up triple digits this hour look at that, topping 24,000, 25,000 in sight. Intel, united technologies, Goldman Sachs, visa, other movers, cvs aetna higher cvs closer to a deal to buy the Health Insurer price between 200 and 205 a share. Sears higher struggling retailer posting a smaller than expected loss Michaels Companies soaring. Double digits. Arts and craft retailer b
Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bill, we learned nearly 40 House Republicans signed on to a letter drafted to be sent tomorrow to republican leadership, including the Senate Majority leader Mitch Mcconnell and Speaker Paul Ryan as well as senator orrin hatch and congressman kevin brady that requests the removal of this first in first out provision its a controversial proposal that has remained in the Senate Version of the tax plan that essentially requires investors to sell older stock first. It would raise about 2. 5 billion ov
Getting a nice boost from earnings well talk to the ceo in a cnbc exclusive, coming up another day, another record for bitcoin. The cryptocurrency surpassing 15,000 for the First Time Ever bitcoin has more than doubled in the past month its moving in thousanddollar increments now every day at this pace, the journal this morning says the it would end the year above 2 million, at this pace. Well, i think that people have to recognize that bitcoin is not created in huge amounts you can mine bitcoin using some nvidia chips or some advanced microchips but theres just not a lot of supply almost minimal at the same time, i have never seen a level of discipline of the buyers you obviously cant they must be afraid to short this thing. But the buyers are not letting things go. I mean, typically, you bring out sellers when you have this kind of parabolic move. Where are the sellers . I dont know. If were going to continue to have the same conversation every day, i think you and i and were going t
I was concerned its just me i understand why they are now. Bb tceo will join us exclusively to talk about whats behind the decision for the company. I get it, oo, very funny, everybody. Show starts at 3 00. I was here at 2 59 59 and were also looking forward to talk to kelly king about bonus checks he is cutting to employees. Today we have bitcoin in fturmoi falling 40 from its record at one point. Well tell you whats behind the pledge, and why one planner is shelving his plans to begin a Crypto Hedge Fund. Countdown to christmas tomorrow is the second busiest shopping day of the year and our reporters are standing by to bring you the very latest right now. Courtney reagan, where else . Shes in a mall this time in queens, new york, with more on how the retailers are faring this Holiday Season. Morgan brennan with is us here at the New York Stock Exchange looking at how the Transportation Industry has been handling the shipping rush and has one big retailer reportedly looks to buy a log
This morning of course, our last trading day of the year. Speaking of 2017, it has been a blowout year for technology. The nasdaq gaining roughly 30 the index on pace for its sixth straight positive year in a row, the fifth time since 1980. Bertha coombs is at the nasdaq and she has more for us. Bertha david, as mark twain put it, history doesnt repeat, but it often rhymes, and thats certainly true with the nasdaq 100. The big caps up for the ninth Straight Year in a row, the longest annual streak for the index since the big tech breakout of the 1990s. These four mega caps, you know them, apple, microsoft, amazon, theyve made the biggest impact in terms of the upside gains for the s p 500, overall market, and when you add in alphabet, they actually account for twothirds of the nasdaq 100s 15point gain this year microsoft benefiting from its shift to Cloud Technologies is up for the sixth Straight Year, thats its best straight winning streak since the launch of windows in the mid 90s, a