microsoft and intel report. we look at how traditional pc-related businesses are relying on the cloud. this is bloomberg. ♪ --ly: the weinstein company the beleaguered film studio, whose cofounder has been accused of sexual assault -- is retaining $45 million from the fortress investment group, according to a government deal. they weighed actions including a possible sale and jobs cuts. this is after a report that billy mayor tom barrett 10 longer provide -- that billion mayor tom barrett will no longer provide cash to the company. we are in the midst of a busy tech earnings season, and microsoft and intel also both reporting after the bell. microsoft' push into clouds services helped it beat estimates. intel's product line helped it beat estimates for its fourth-quarter earnings per share and revenues. cory johnson is joining me. topline? fantastic topline growth. in $24.5 billion in revenue. give such a novella -- give adela kudos for that. microsoft plus linkedin is more than microsoft, so we see that as a

microsoft and intel, shares higher leading t

microsoft and intel report. we look at how traditional pc-related businesses are relying on the cloud. this is bloomberg. ♪ emily: the weinstein company is close to supporting a lifeline. the beleaguered film studio, whose cofounder has been accused of sexual assault -- is close to retaining a loan of $45 million from the fortress investment group, according to a person with knowledge of the deal. it helps them away actions including a , possible sale and jobs cuts. this is after reports billionaire tom barrett will no longer provide the studio with a cash infusion. in the meantime, harvey weinstein is suing his former company for file to help them investigate whether he was wrongfully terminated. we are in the midst of a busy tech earnings season, and microsoft and intel also both reporting after the bell. microsoft's push into cloud services helped it beat estimates. intel's product line helped it beat estimates for its fourth-quarter earnings per share and revenues. joining me to discuss, our editor at larg

a record for amazon, intel, at a 17 year high. not quite a record. highlights from various earnings reports from amazon coming out with net income the by a wide margin. sales up 34% and analysts are pleased with performance of whole foods postacquisition as well as the company's cloud services. speaking of clouds, microsoft performing well in that business as well. revenues surging by double digits and microsoft topped estimates for the sixth straight quarter. in alphabet. third-quarter sales beat earnings estimates as well. youtube and google momentum doing well. intel pushing into new products that is helping boost sales and earnings, although there is an outlook for perhaps that momentum to slow to some degree. this looks at the performance of various groups in the s&p 500 year to date. no surprise from the top performers tech. this white line your the s&p 500 tech index, it's performance this year now about 34%. the s&p at 15%, so there you see a divergence and outperformance. speaking of divergence as well, as we've seen large-cap tech surge on

dom chu is here listening to intel. rich ross is standing by, ready for instant reaction gene munster is standing by for us, you can see him on his red iphone listening to those calls. we start off with tech nirvana, alphabet, amazon, microsoft, jumping on the after hours some impressive moves for stocks that have had huge runs this year do you just keep betting on tech pete >> yes and it's easy to me because of the fact that we went into this and talked about the fundamentals if you listen to the earnings calls almost across the board, everybody has incredible growth. i'm mostly focused on microsoft, i have a large position. i also have something on intel those are the two i care about the most when i look at microsoft and i see the commercial cloud and the growth they've got there, this is something that satya nadella put out there the day he came on board and he's executed every quarter. the fact that that stock is making new highs is not shocking there's plenty of room to the upside >> this could have been reason to

these are hot themes i'm an intel fan, if not an intel alcoholic like i was in the '90s so i can only hope you get the sell off so you can get in today's climb, nothing you got real weakness that goes here, i think lange would say snap it up not every stock connected to the semiconductor stakes haven't been working of late it's the stock of qualcomm they make chips as well as software behind the cellular phone technology in his view the charts may have turned the corner. qualcomm should be ready to fly higher why? nine points after qualcomm made a classic inverse head and shoulders pattern. this one looks like someone's hanging up side down it's an inverse head and shoulders and one of the reliable patterns in the book. now qualcomm comes broken out of the neckline of this formangs, lange submits it could be smooth selling up to 2.6. now, just as important, qualcomm's broken out above its sealing and resistance at 53 bucks. and lange likes the strength index, the r s i, that's right here at the bottom that's an important momentum indicator. notice it's going up he also notes the movin

i want to be defensive and buy xlu. >> i like depot but i like the intel call i've got to say. >> intel, this is important. because you have to get october 27th weekly. not the october regulars because earnings fall on the 26th. >> looks like our time is expired. i'm melissa lee. thanks so much for watching. for more "options action", check us out online. we'll see you pack here next friday at 5:00 p.m. eastern time don't go anywhere. "mad money" starts right now ist for viviscal. you know that confidence you get when your hair feels good and looks great? you feel absolutely beautiful! sadly, that confidence can be quickly shattered when your hair starts to show signs of thinning. thinning can be the sad reality of over-processing, over-styling, and aging for all hair types. what are the problem signs so many of us experience? thinning, dryness, brittleness, breakage, frizzing, lack of luster, loss of bounce, and an inability to style. if these are issues you're dealing with,

amazon, alphabet, microsoft, and intel, their stocks are soaring. next week, apple and facebook report their earnings. can you expect more of the same? and will these giants turbo charge the tech rally, guys? >> it will be harder for a company like facebook, for example, to do what a microsoft did today or an intel did today

. >>> up next, intel hitting the highest level in nearly 17 years today. the charts are pointing to more gains. we will break that down. >>> if you have a question for one of the traders, you can send us a tweet if it's nice, we'll read it later. much more "options action" straight ahead rific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade. well, it'sonce again.eason >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check thi

intel is at a 17 year high. is up 13%articular after the company be earnings estimates by a wide margin. it just acquired its whole foods business as well as his webs services business. microsoft is doing well in the cloud and alphabet is doing well in its core google business and intel performing better than expected. back to politics, a lobbying frenzy is set to begin next week in washington as the house ways and means committee chairman kevin brady unveils a tax bill the u.s.d affect economy. it has largely remained a secret. here to talk more about what special interest groups are after and what tax details will emerge is our national political reporter. details, get to those why the secrecy? what is the strategy here? is to keep the lobbyist at bay and keep them guessing and not give them time to try to beat down provisions in the bill which frankly they are good at doing. it's a reason we haven't had a major rewrite of the tax code in 31 years. is that theyect don't want a free-for-all among their members

intel shares are up already more than 6%. you may have noticed dan isn't here with us today but he did send us a message from an undisclosed apparently would they area in upstate new york to tell us how he's managing this trade. >> hello, "options action" viewers. sorry i can't be here today to accept this award of sorts i want to give you an update on the intel trade. it was targeting earnings this week, at the time it was october 27th weekly 38 calls for 80 cents. we'll roll them up to the october 40s. those are also about 85 cents right now when the stock was trading at 40/30 thanks a lot good luck. >> very undisclosed. >> i know. >> it was like one of those ones were they do the blurring. >> he could be at a home depot for all we know, in the back mike, what would you do here >> i trying to he with him on this that was really a great trade. options premiums were simply too low. you basically had the calls trading what they would be worth the day before earnings, weeks before earnings. now he's looking at these 40 strike c

along for the ride personal computer still what intel does best. mostly as an onramp to the web, something remind of of the old intel days the crucial components that bind all these stories is that their users are changing the patterns of their behavior, actually i should say of their life the cell phone's how people life, work and operate how do you think your phone does so many amazing things, it's not magic people it's hooked up to a network and that network's plugged into a data center. these firms are all sintracall o that set up which is how they can make a fortune here. you have to think brian, the ceo of intel for the pc and the internet of things he's getting right. personally i'm amazed at these incredible companies, proud of them too, by the way normally you'd expect this kind of innovation from start ups the people who run and work at these fabulous american companies are the best and brightest our nation has and their visions are extraordinary. i just wish facebook would report the same night so you can see how our lives have exchange

of the world >> i think intel, microsoft both did very well. intel, the chips they sell, they were actually flat people expected that to be down. that was a good number then we saw memory doing well. tech is able to hang >> looking at the four names reported overnight, is there one that looks underpriced despite the rally that we've seen? the valuation compared to some others is good the cloud business, azure, it's passing aws finally. that run rate was a key number for them this is something you can get involved in. >> price to earnings, it looks okay >> yes yes. that's better than what you're seeing across the sector think about amazon >> spin us forward today and next week what are the key names you're looking at? >> today, chevron and exxon will be the key out of the energy sector growth is expected to be the highest for the sector but they're coming off weak results. 138% growth for the energy sector 50% of companies have reported so far beat on the bottom line that's enamic. the bar has been set higher for the companying going into today.

those big techs heavily owned and closely followed pete, especially on this desk you own microsoft and intel calls. you have a big idea of where you think this space could go next. >> right i've been talking about the value prospect of this entire group for a long time, but it's not about value, it's also about growth if you look at the growth aspect of intel, look at the acquisitions they have made. they have continued to grow themselves into a.i., all the different areas of growth. that's what they have needed to do they have done a great job of executing on that. and we said the day he was hired at microsoft, it's time to own this stock once again. that stock was $35 now you're talking about nearly an $80 stock why? because this guy actually had the vision forward to say, you know what, the growth is in the cloud. that's what microsoft is going to become. that's why tech is working, because they didn't just stay old tech they have gone to the next level and they have found growth. >> joe, this is where the money is, right? year to date amazon 29%, google 25.5%, microsoft 27% and facebook

able to really compress intel's margins. the special programmability they're providing to customize, microsoft being a key example for intel, really drove that home in amazon. even though you had the margin compression, in the cloud business, margins were up. so many investors are looking at the cloud business as a region to invest. that's good news too >> john, we spent a lot of time this morning with jim talking about alphabet and amazon, but microsoft, not as much you know the company well. as you certainly, and the period of leadership would seem to be a great success so far >> it's rare you see a situation like this where it's like you pick it up and polish it off it wasn't a tord like so many investors thought it was there was a diamond under that rock it wasn't just a lump of coal either so what he managed to do, it seems, is not only expand in azure, but also when it comes to office 365, we saw continued growth there on the consumer line, they were up to 28 million subscribers. that's pretty strong the overall commer

he bought the 38 strike calls expiring next week >> intel shares are up already more than 6% dan isn't here with us today he did scent send a message from an undisclosed wooded area to tell us how he is managing this trade. >> hello, sorry i can't be there today, i want to give you a quick update on the intel trade idea i detailed a couple weeks ago. at that point the stock was 38, targeting earnings this coming week at the time it was the october 27th weekly 38 call for 80 cents. at this point i think we want to roll them up a little bit to the october 40s. those are about 85 cents right now when the stock was trading at 40.30 thanks a lot, good luck. >> very, very undisclosed. >> i know. >> like those ones where they do the blurring >> he could be at a home depot, probably mike what would you do >> agree with him on this. that was a great trade, one of these situations options premiums were too low. you had the calls trading what they would be worth the day before earnings, weeks before earnings now looking at these 40 strike calls. only trading very slightly above perry. that's a go

i'll talk to one member of the intel committee when we come back. hi. so i just got off the phone with our allstate agent, and i know that we have accident forgiveness. so the incredibly minor accident that i had tonight... four weeks without the car. okay, yep. good night. with accident forgiveness, your rates won't go up just because of an accident. switching to allstate is worth it. >>> welcome back. president trump traveled to las vegas today, the second day in a row where he was serving as a comforter in chief for the country while his trip to puerto rico on tuesday raised eyebrows for comment about the cost of recovery among other things and the paper towel thing, today, the president stuck to the more traditional role of consoler in chief after the mass shooting that claimed 58 lives. he met with the wounded and with medical support staff at the university medical center. he called the shooter a sick, demented man. he praised the bravery of first responders and law enforcement and gave very touching remarks. take a listen. >> many families tonigh

microsoft and intel, shares higher leading the nasdaq to another record high. kevin, i don't know what your superlative is, but which was most impress sniff. >> they are all impressive, a beautiful thing to see we can say coming into the end of 2017, that this year was the year of f.a.n.g. it was the f.a.n.g.ology it was fantastic you're up 40% on these names or a collection of them will you make 40% in 2018, or is it time to start thinking about what the rotation will be, because f.a.n.g. is a wonderful thing, but i don't think we'll get 40% next year. development is up there, cash flows are beautiful. this is not like a tech bubble it's an earnings orgasm, that's what it is. >> weiss, the street is tripping over itself today to bump amazon's price target up i mean, everybody from webbush, cowan, jeffreys, rbc what do you make of this result? is it too hard to pick because of amazon, microsoft, intel, they were all so darn good >> they are and it's too hard to pick the growth on the type of revenue base they already have is outstanding i don't think you've eve

intel. dom chu? >> what question hawe have, int showing signs of life, up a percent in the after-hours trade on 1.2 million shares worth of volume we have earnings coming in that beat analyst expectations. $1.01. beats the average analyst -- revenue coming in better $16.15 billion analysts on average were looking for $15.73 billion also looking for some of the estimates for their forecast, they see fourth-quarter earnings per share, 86 cents adjusted analysts saw 83 cents or slightly better than expectat n expectations there they also see 2017 full-year eps, $3.25 analysts were on average looking for $3.01 per share. so a pretty strong report overall on some of the client segments to give you an idea, going to go through the rest of this right now on the client computing side, they're showing $8.9 billion worth of revenue. that beats $8.7 billion in terms of their overall expectations according to fact set. also on the data center side of things, $4.9 billion worth of revenue, $4.8 billion the averag

intel shares hit a 17-year high. that along with apple saying it's seeing strong demand for its iphone x sent the nasdaq up more than 2%. and the fact that index easily outperforming the dow jones industrial average, which added 33 points, and the s&p, which gained 20 to hit a record. the nasdaq was the big winner for the week as well. >>> the global benchmark for crude settled above $60 a barrel for the first in more than two years. prices were supported by speculation that the major oil producing countries will extend an output cut agreement through the end of next year. that sent brent crude higher along with domestic crude. the steady price rise in oil has been somewhat of a tailwind for the major oil producers. both exxonmobil and chevron beat earnings and revenue estimates. both say profit grew more than 50% in the most recent quarter. but the reaction was mixed, and jackie deangelis explain >> reporter: it's no secret that the energy sector has been beaten down. now some of the biggest energy companies in the

, microsoft and intel all report. president trump speaking last hour at the white house about the opioid epidemic in america. he called it a national public health emergency. we look at the impact it's having on the labor market. >> ingles be to nigel travis about his company's results in where his thoughts are on wages as we look ahead to next week's jobs report. scarlet: opioid abuse is now a public health emergency. on top of the human cost, opioid abuse is taking an increasingly meaningful impact on the economy, in particular the labor force. whos bring in jeff korzenik joins us from chicago. you've done some incredible work on this, tallying up the cost, the economic cost. you've tabulated it at $80 billion a year as the price tag in the united states for opioid addiction, whether lost productivity, health care, or incarceration costs. midwest.sed in the to start with, there's a smaller pool of workers to draw from, isn't there? jeff: absolutely. many of the job openings in critically needed jobs require drug tes

why isn't the senate intel committee looking into the fake news networks in our country to see why so much of our news is just made up?

this is not the intel lane. they're focusing more on what did russia do in the election and who if anyone helped them. and anything else beyond that, subsequent time, the obstruction piece, is being examined by mueller and maybe by the senate judiciary committee. >> is mueller better equipped to get at the dossier than the senate investigators. >> that's a good question. it depends on who else was involved in it. who else among u.s. persons was involved that might be able to be turned to act as steele. steele isn't a u.s. person. he's british. so it is harder to get access to him. mueller is very good at this and will certainly try, if he finds that it is relevant. and we don't know that. >> for viewers, there are sometimes crimes that involve foreign nationals. how do you get a foreign national here if he was an observer or a documentaryian? steele a guy who allegedly knows a lot or intersected with key people gathering intel. he's not as far as we know involved to the degree that they could pursue him as suspe

he spent 36 years at intell, he retired in 2013. he was a great friend to liz claman, "countdown" and the fox business network. he was one of the first major ceos to support our network right after its launch ten years ago even as our competitor threatened to ban him if he ever appeared on fox business. he remained true to us. he was a brilliant business leader with the courage of his convictions while hugely successful at intel where he nearly doubled revenues to $54 billion. but paul's legacy will be the legions of brilliant young scientists and engineers that he inspired with his massive support of intel's world renowned annual science fair. paul ott linney dead at the age of 66. when you're close to the people you love, does psoriasis ever get in the way of a touching moment? if you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. taltz is proven to give you a chance at completely clear skin. with taltz, up to 90% of patients had a significant improvement of their psoriasis plaqu

i'm talking about the wall that republican intel chairman richard burr said he hit when trying to reach the author ofrt trump dossier. >> as it relates to the dossier, unfortunately, the committee has hit a wall. >> burr made news this week by suggesting steele would not talk on senate investigators. not even a little bit. there was a wall, remember? and then news broke that steele is talking to bob mueller. continuing many months of fbi scrutiny of the explosive claims in the trump russia dossier. and then last night rachel maddow reported that steele is happy to talk to senate investigators. >> an associate of steele test us that in fact very recently, in late september, christopher steele in london related to washington through this associate that mr. steele in fact would be happy to meet with richard burr and senator mark

intel realizes the pc is dying out or slowing down. let's move our business towards supplying the server business, the awss of the world, the microsoft azures of the world. does that mean the big will get bigger or is there a trickle down effect to smaller suppliers? >> there's a trickle down effect, but what's happening with cloud stuff, aws has great features it's not just server space there's actual technology, actual programming, actual apps in a way that businesses are relying on it's harder to extract themselves out of it you're seeing these baked in incumbents coming in. that's going to be pressure in the future >> i don't want to not mention google/alphabet in this scenario what they showed was impressive. the idea that more people are click. there was pressure on the ad prices coming in but also more people clicking. >> they have their own cloud business those three guys are competing google has done a good job of figuring out the move to mobile. cost per clicks are down for google, but they kept up with it they're going where

it's not just intel. a lot of the old guard take a look at cisco systems today, set a new high since the tech telecom bubble. made an announcement of an acquisition. why does this matter because it's not just the -- the horsemen of the f.a.n.g. names is it's across the board in text there's a lot of cheap names outs there with a lot of cash on the balance sheet that they are putting to work. there are still some lag yards out there in tech that i think you can look at and say, maybe we ought to look at qualcomm as the next one that's going to break out. the big thing being that tech is a very, very broad section here. there's something for everyone. >> doc, does the leader, so to speak, get back to leading does tech justify the fact why it's gone up 31% year to date and there's still a lot of runway to go. >> i believe it does and to the gentleman's point, intel, oracle, microsoft, some of the older text, and i think they are going to continue to outperform. microsoft for the same reason we saw the move o

and i think what he is referring to is just, you know, if he is talking about the senate intel, is he referring to the fact that guys who run that committee over on the senate side had a press conference yesterday talking about the russia collusion investigation and things like that which, you know, gets a lot of air time but, you know, what we heard from them yesterday is we really haven't found anything. >> there is a great frustration that the message the issues, policies being resolved out of this white house are not being covered. i have long railed against incomplete coverage. there are so many things, 860 regulations that have been chucked by this president and no, folks no not the ones that people are air and water clean. ones done at the last minute or a soft to special interest. that plus the tax framework that's coming forward. the most bold tax cut in american history that the president has put forward. it's the incomplete news. it's not connecting people with the information they need to know. look at what the stock market and some economic indicators think of this presid

intel with third quarter results. nicole what do you have? >> take a look at intel right now. we are seeing intel trading to the upside. they came out with their quarterly numbers. a big earnings beat. they raised forecast, earnings per share of 101. the estimate was 80 cents. revenue a beat. it is up 3/4 of 1%. with raising outlook that helped things along for big chipmaker, for intel. it is a western. back to you. melissa: nice, thank you. whoo, whiplash round. what do you think? >> i'll say. congratulations to our cameraman, owns 20 shares of amazon. melissa: that drives david crazy, talks about every single day, one of our guys owns amazon. david: he bought it $10 a share. congratulations david. melissa: well-done. david: pivotal moment on capitol hill. house of representatives paving way for your tax cut, but is the drama just getting started in? next, charlie hurt, from the "washington times" here to respond. melissa: he might get mugged on the way out. you keep saying how much they own. david: rich guys. melissa: notorious trump dossier, denials are popping up, as democ

the heads of the senate intel committee say they can't rule out collusion. that's collusion between the russians and donald trump's political campaign. we have all of that and much, much more straight ahead. good morning. it's thursday, october 5th and welcome to morning joe. mika has the morning off but with us we have veteran columnist and msnbc contributor washington anchor for bbc world news america. national political reporter for nbc news. >> we are learning some new details. he probably had some kind of assistance now. the sheriff said steve paddock prepared an elaborate escape plan but suggested only a super hero could have pulled it off alone. we also know now that the shooter rented a room overlooking another music festival the weekend before. her attorney spoke out yesterday on her behalf. >> never said anything to me or took any action that i was aware of that i understood in anyway to be a warning that something horrible like this was going to happen. it never occurred to me in anyway whatsoever that he was planning violence against anyone. >> p

>> well, he's an intel officer, a former british intel officer. he's used to dealing with law enforcement. he's probably more comfortable in that world rather than dealing with congress, elected politicians. i think he'd be a little bit happier to be with mueller and his team. >> so even to a brit, who has spent time in the intel world, this is a case where mueller's resume and reputation may have gained him entree that the senate has been unable to get. >> of course. i mean, mueller was fbi director for ten years, so i'm sure that he even knows mueller and his work from his time with prish intel, trusts him as pretty much everyone seems to. i'm not surprised that he was able to interview steele. >> ken, on the dossier, you noticed something about the senate briefing yesterday, the press briefing, just the way they were approaching the subject and dealing with it. >> i found it remarkable that the republican chairman of the senate intelligence committee richard burr basically said that while they haven't been able to corroborate many parts of the

over the last month so what do we do we buy more intel. that's where we get the moore's law from we keep it going apple, let's just get straight to the point here. so look at this, very well-defined up trend. what's happened, you pull right back to the 150 day. in the past we pull back to the 150. last year you can see this pullback this was kind of the election, we had the growth scare, tech was sold that's a big mistake, selling technology boom, look what happens. i think history repeats itself we've pulled forward that pullback from last year. you're going to bounce off that 150, a 10% correction. a period of strong seasonality the longer term chart of apple gets interesting boom, we get to see it, the aqua line, if you will. that's the 200 week moving average. what's happened the last time we tested it? the 30% bear market decline we saw here and the stock rallies coming out of it now, importantly, we want to hold this neckline i know we've talked about about it before, comes in at the 135 level. that's the purple line or magenta. inve

.>> the former ceo of intel died at the age of 66. he led intel for eight years before stepping down in 2012. intel says the company generated more revenue during the eight years he was ceo then in the 45 years before he took over. in his last year as ceo intel had 54 -- $53 billion in sales. he died in his sleep on monday.>>> happening today in san francisco google shows off its new pixel smart phone expected to be called pixel 2 and pixel 2 excel. this morning they will be introduced at the jazz center in san francisco. no comments on new features but we heard reports more power, save your pictures, battery life longer and the phones will be water resistant.>>> in a couple minutes we will explain the devastating flooding in neighborhoods early the -- earlier this year now they are taking action in hopes of preventing a repeat. what crews are removing from the creek that the district hopes will make a big difference.>>> some 40,000 people expected to go to a concert. first, will the band adhere to the 10:00 p.m. curfew. and our polic

both the house and senate intel committees say there is no evidence. you have james clapper and james brennan, the top officials in the obama administration, they testified they have seen no evidence of collusion. comey testifiedified there was no evidence of collusion. >> oh when the president calls it a hoax, he's right. but try convincing the media. they are look for as a quas fors squash and the loch ness monster. but the interesting thing to me is richard burr, the senate chairman said we would share with you our initial findings except we have none because there is no evidence. i think both mark warner the ranking democrat and burr are dim with its. as well -- are dimwits. they are subverting the president. they are saying they don't trust the fbi to carry out a conclusive investigation in a year? gregg: actually 14 months. lou: they don't trust themselves to have come up with something after 9 months. gregg: it was infuriating and goofy to watch burr smug and arrogant talking about well, you know, we don't see any evidence here, and yet we are g

amazon, alphabet, microsoft, and intel, their stocks are soaring. next week, apple and facebook report their earnings. can you expect more of the same? and will these giants turbo charge the tech rally, guys? >> it will be harder for a company like facebook, for example, to do what a microsoft did today or an intel did today or any of the names you mentioned. they really have to prove themselves in terms of the stocks we saw, look at a company like adobe, lamb research, salesforce.com. other names are making all time highs. valuations for a lot of these companies make sense throw amazon into the mix, obviously. out of all the ones we mentioned, the most impressive to me was alphabet for a number different reasons. >> i agree with guy's reasoning. you had facebook up 4%, apple up 3.5% facebook is up 54% year to date. amazon is up 46% year to date. amazon really played cantch-up t the rest alibaba up 100%. this is one that i'm focused on next week, along with facebook and apple. >> is the setup too difficult for these stocks at this point >> we were l

if apple is just kind of figured out a way to do this with intel does it mean they're moving away from qualcomm's strength and it's a wasting franchise for qualcomm at this point >> i won't say it's a wasting franchise. the modem used to be the bottleneck in cell phone performance, and that i think is becoming less so i think that intel has made some significant strides over the last couple of years to improve their modem technology look, the relationship with apple and qualcomm is very complicated. they've got a lawsuit going on related to patents that qualcomm has, and so it, you know, apple seems very motivated to go to intel. >> that's for sure and how big is this business for qualcomm >> so, you know, by our estimates, it is about 15% to 20% of chip revenue. but that being said, going forward, we expect there to be less and less over time as qualcomm starts leveraging its technologies in new areas, whether that's automotive, whether that's data center, some of these newer adjacent markets. longer term with the pending semiconductor am decision, th ot will be an area for qualcomm t

, and he's been working at intel. and these students, many of them, we're going to actually feature at the ball. you'll get a chance to meet many of them, about 30, who are attending schools in local area. and we're gonna have 2 of them, representing the group of 100, talk about their experience. damian: and i mean, this is an effort that you started, the foundation started, a couple of years ago, and is there the effort--what do you have in place to make sure that there's a link here, that it keeps going? ron: well, it's always about the money. it's always about the funding. and delightfully, you know, when we got the major investors to say yes, we got multi-year commitments from them for the 5-year period of time. we're always trying to raise more money because our original goal was to try to support 100 students per year. based on the money we've been able to raise, it's been more like 50 a year so far. we're in to--we just started the application period for the 3rd year of student applications, and if someone who'

intel, that's different. but a stock that has a proceeding gap, the burden of proof is on the -- >> if you had your druthers, carter -- >> i think the odds are higher >> they also have new management, they're still playing out to see whether the company -- the last time howard schultz left the company, they had a problem. he came back they obviously recovered now we're going to figure out whether the new management team is able to deliver >> this is a really good discussion about playing things into events. at the end of the day, i wouldn't buy starbucks playing for that gapfill, because i don't know what the numbers are going to be. i don't know what the probability of success is. i like the risk/reward of buying a december call spread that gives me more than six weeks for this to play out if nothing happens, i'm still in the game if it sells back to the lows, i've only risked 130 if you think the sentiment could change in a raging bull market, this is a stock that people come back for >> alphabet surging to

if you wants me to be your spokesperson i'm game but microsoft did well but intel was extraordinary and we're talking about the dow. >> exactly saying what you're saying, long under performer, look to outperform 58 target on finally what they say is operating leverage. >> you can't have a stock at 12 times earnings with those kinds of numbers mobile eye, brian kri zanitch i getting intel back to where it was. >> mobile eye, the focus is on the card to a certain extent and they see that as very important to their strategy. >> i think it's so important what you just said a lot of people linked intel with the pc because they didn't do mobile. i'm linking them with the car. >> i think he's linking them with the car too. >> the data that's coming off the car is going to be huge. >> yes and it's going to come down to -- it's going to come down to intel versus nvidia. >> it could. >> investors are this morning are still digesting that incredible day on friday and i look back at amazon now and that acceleration -- >> oh, my gosh -- >> revenue growth and people started to up the estimates by sig

the senate intel committee says it's not sure yet. >> i thought i was pretty clear that the issue of collu

big names like alpha bet, microsoft, intel, all reporting tonight. internet companies, as well, expedia, amazon, twitter already reported this morning and our next guest warns amazon's guidance may miss wall street expectations, but twitter is having its best day in over a year, up more than 14% approaching their first ever profitable quarter on a gap basis. take a listen. >> our goal is to overcome every headwind we have and we're working every day to do that we're going into the fourth quarter with -- very well positioned it's really just about execution. we've been able to really increase the portfolio of live product we have and content. we've had over 850 events in this most recent quarter, which is a significant increase versus prior quarters this is international, not just domestic >> joining us, heath terry glad to have you back. >> thanks. >> what's driving this drive to profitability? >> it certainly has been a cross cutting story. the big part of the reason revenue is down is because the company has been rationalizing a lot of the expenses

>> top level people at intel people we talk about all the time mid-range people at intel. my intel salesman, top i'm telling if you think k krzanich can't beat qualcomm, i've got to tell you, intel can manufacturer better than anyone in the world, greatest manufacturer and including cummings have had a good quarter but nobody seems to care i feel they are playing with fire qualcomm is playing with fire. >> you think so? >> yes, rolling the dice. >> this is -- they'll say it's just a dispute but it's existent shal. >> it's week low, right? >> i hear you. >> you've got to add the re -- >> the iphone x, reviews are coming out this morning and phone is released this friday. the verge, the x is the best iphone ever made it's thin and powerful and ambitious ideas about cameras and pushes the design. >> it's really incredible. this one makes me feel like david come here, i need you. this seems like a relic what people are saying. i don't know facial recognition. no one has ever tried to get -- >> we had steven leaf vee on yesterday and it appeared to work really fast. >> all i ca

back to you, pete. >> pete. >> sorry intel. goin' higher >> facebook, second best setup in f.a.n.g going higher >> there's no tax reform in 2017 >> big baseball game in cleveland. go yanks emerging markets breaking out at 46 after five years, eem >> i'm melissa lee thanks for watching. see you back tomorrow at 5:00 for more "fast money." don't go anywhere, "mad money" is jim cramer is up next . >>> 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, where can to "mad money," welcome to cram america. other people want to make friends i'm trying to make you money. my job --. it feels lik

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kushner was in for his interview before the house intel committee. another two-plus hours of my life i won't get back. but the point is that i cannot reveal what went on in that hearing. i will say that the one thing interestingly enough that we have not heard since this revelation this week that he had a use of private e-mails for the conduct of public business. i heard nobody from the white house chant "lock him up." >> okay. you did mention facebook, google. we also have senator mark warner saying he was not happy with the cooperation the committee got from twitter. do you think social media was the key to possible russian collusion in 2016? and are those companies likely to admit their roles? >> so there is no question that there was a considerable amount of resource expended in order to influence the outcome of the election. at the end of the day, whether or not that was the difference maker in an extremely close election is unknowable because we can't fast rewind and do a controlled test. what we know is that we are under attack politically by

now 16 different intel agencies can freely share. imagine how many eyeballs can get on that sensitive information that was essentially unlawfully stolen. mollie: we knew this was going to expire at the end of this year for a long time. yet they wait until the end to release legislation. it makes it difficult for privacy advocates to if make amendments to the legislation. kennedy: how much harder will it be if they make it permanent. mollie: there are people who think you can preserve the great terrorism-fighting capabilities of the 702 while also protecting people's right to not have the government coming after them without a warrant. they are holding secret votes in the intel communities to pass some of these things. it's difficult for people who care about civil liberties and the constitution to hold people accountable. kennedy: i care. we all know fake news gained some real atension the past year. some skeptics claim fabricated headlines along with suspicions in russian meddling helped sway the 2016 presidential election. the a. r

york police department have some of the finest intel analysts right the there. so one of the things they've been learning is that the intel they have been receiving is almost too much. >> we're going to watch another eyewitness account right now. >> down to see where the truck went, i hear nine or ten gunshots and that's when i ducked out of the way and all the police came running towards where i was, not knowing what's going on, they don't know what happened. they were just as much confused as i was. when they cleared the area, i go down to chambers street, i see a yellow bus that this truck clearly crashed into. and on the yellow school bus there were a couple of adults on there, and the fdny were taking them out. just getting off work, i just wanted to go watch the baseball game tonight. >> do you think he wanted to be in that truck? >> it looked intention. when i looked, i see a car in the bike lane, it's 3:00 in the afternoon, who drives in the bike lane. >> did it look like it had been on the bike lane prior. >> it looked like he started out there, he was