Your money as you consider whether you should buy this stock as well. Ive got great guests today to go over 24 as welthis as well the Investment Committee is here as always. And were anticipating the ipo and jon fortts interview with Frank Slootman leslie picker is with us too and steve, you wanted an allocation and you didnt get it, but you why did you want a piece of this action well, i readprospectus, a strange thing to do for a great deal and the growth is phenomenal when they cite their retention rate, it is 158 which means that they are upselling, their accounts are taking on more are product. So i love the cloud. This is ai for the cloud it has a blue chip list of clients of accounts. So why wouldnt you want it. You dont find that growth anywhere and so everything checked on the box. So maybe if brad will give me some of his, well continue our friendship looking forward to that. And i have Pete Najarian who called in who is unhappy as well you wanted a piece of this too and you
The day with the s p 500 up 1. 3 , building on the gains from yesterday. Biotech and Technology Stocks bouncing back with ten of the 11 s p sectors trading in positive territory. And lets draw your attention to spotify, up a whopping 16 , highest level since march of 2021 on the back of its earnings beat also, check out jetblue, sinking after reporting worse than expected revenue. On the other hand, aviation engineer making air owe maker ge autos, gm up beating on earnings well take a technical look at that name further ahead. Another name, that would be tesla reporting after the bell that name along with other big tech stocks become the target of short sellers. For that we turn to kate rooney. Hi, kate. Hi, tyler the bears are betting against big techs short sellers and the magnificent seven, weekly profit of 10 billion that was an alltime high during that nasdaq selloff the tech giants mostly report this week and they are the most shorted stocks in the u. S. Markets. Thats according
Im Contessa Brewer. Hope you had a fang taktastic holiday. Lets take a look at futures were shaping up to have a slight hely lower open. Implied futures down 25 points, s p up just slightly here at one point and the nasdaq off by five taking a look at the treasuries and ten year notaes Holding Steady after rising slightly on friday were up about 2. 5 yield on the day. European markets are closed today for boxing day, but taking a look at the asian equities, the nikkei is off by 0. 2 . Shanghai risen by three quarters of a and the kospi has dropped by half a percent. As for the broader markets, oil down just slightly this morning. Wti crude is off by 0. 1 brent almost 0. 2 . And nat gas up they now expect the north sea pipeline to reopen in early january. And that is just tempering somewhat the production cuts weve seen in russia and by he opec taking a look at currencies now, and the dollar is also Holding Steady this morning. Down just slightly a tenth of a percent against the euro up
Boy, josh, you looking a the price target increases, every day. Monday you got a couple firms, wednesday two more and thursday three and friday today, two more the stock goes over 200 for the first time ever. Morgan stanley today, 225. Goldman goes to 235. Nobody should ever listen to my opinion on netflix. I bought it hat like 70 and sold it at 100. Thats 100 points ago. I i just look, its not that i disliked it i just never felt like i really understood how it would get as big as it now is, and to some extent i still dont i understand how powerful the content is i dont disagree i pay for it myself. I just ive always looked at this segment of the market as hypercompetitive, and you know what it was and still is, but netflix is an amazing competitor, and the content, goldmans note, the content is driving stocks and if you were slow to understand that you missed a lot of it and im in that camp. Im sure ill hear i cant own it, too expensive, too rich for me those arent the kind of stocks
Health care in this country. Its a first on cnbc interview. Well talk about this ongoing battle on capitol hill, and how it could impact his business. Might see a vote this week. Always get a good read of whats going on in the industry when mark joins us. Looking forward to that very much. You saw muvaney giving a firey defense of the government funding deal reached in congress, and President Trumps tweet that the nation needs a good shutdown as he put it, we got the highlights on all of that coming out of washington. Coming up in a moment here. And microsoft taking aim at googles chromebook and dominance in the education market. Coming up, discussing whether mic microsoft can dethrone google. A guest thats a regular here on closing bell, and he happens to be the president of his local board of education, and he says they are very happy with the Google Chromebooks. Whats it take to get microsoft in the market . Thats coming up. Beginning, though, with apples earnings, due out after the