Obviously, thats a big story of the day. We have big trade alerts in tech specifically we have josh and jim all hitting the button today, but in different areas. Josh, you just bought netflix here down about 2 . Why did you buy it what are you seeing here is this trade . Is this investment tell us what you are seeing. Right now its a trade. Ive done this before with netflix. When this stock blew up in, i think, april of 2022, it was, i think, like one of the best buying opportunities for a large cap growth name of the year. And it took a while. It wasnt like a vshaped recovery i dont know that well get a vshaped year. Once again, the stock is blowing up because the quote, unquote longterm shareholders here continue to embarrass the brand. I cant believe that we saw reaction like we did about them reducing the subscriber guidance it is such a childish metric to begin with it is people that dont own a business think that thats like an important thing when in reality, the company is telling you focus on revenue, focus on operating margin the subscriber thing will be up and down those are no longer the kpis i think thats what a Mature Company should be telling the street and thats what they had to say. So i gave it a week. I let it settle out. I wanted to see if the stock would hold its support and thats exactly where its trading. I cant see the screen give me like a threeyear or even a oneyear chart. Take a look at this gap higher from the january Earnings Report, which was spectacular, by the way, just as this Earnings Report was. You see how perfectly the buyers came in right where that gap took place so i think support should hold it is not a longterm investment here i just want to trade the overblown reaction i do have a stop loss. I may not be in the stock if it continues to sell off. But i think watching the buyers come in where they did, i think the stock is okay here its not that theyre not going to tell you how many subscribers they have. It is that they will tell you about the big milestones, not the noisy quarter to quarter data and anyone that actually runs a business will tell you the number of clients is not a number like its a vanity metric, but revenue and operating margin, those are the numbers that really matter. And i think people will get over it, and i think the stock should be okay. Veryinteresting you own netflix. What do you think of this one . I bought it earlier than josh did. He laid it out perfectly very ar arti articulately its still not a big position. But, look, you know, what i think is a longerterm play is because youre seeing the competitors fall by the wayside, right . So they were always the best, always the strongest now that mote around them has increased because nobody can match their spending disney will be a winner in it, but thats it. You have got those two in terms of what josh says about subscribe numbers, im glad they dont have they dont report them anymore when apple got them reporting their numbers, those metrics, it didnt matter to the stock and it shouldnt matter here as a matter of fact, if you sold the stock at any point, you made a big mistake. Focus on the business, as josh says, focus on the longer term, right . There are plenty of kpis one of them being, of course, price. Sure. So subscribers are you know, they come and they go. There will be less turn again because there arent that many competitors to go to to me, it is a good holding with best in class. Advertising advertising, too im sorry. I just wanted to add to his point, as advertising rises as a percentage of the revenue mix here, the number of subscribers is not relevant to that. So why wouldnt they tell the street to focus more on overall revenue . If the business was going to be 100 subscribers and the only way it was going to grow was how many people are subscribing each quarter, that would be a different story. That was the state of the Company Three years ago, and now its not so, of course, the more important metric is going to be overall growth and revenue and how profitable it is. Right, of course. Encompassing more of how theyre generating the dollars you didnt buy more netflix. But you did buy meta oh, you did. On the quarter youre not discouraged by the investment in ai you like it . No. Look, again, to joshs point, if you run a business or as my former caddy karl said, scared money dont make money you have to invest to generate return you have google, microsoft, meta have the wherewithal to invest large sums of money to be leaders in this space and extend their lead theyre already leaders. So why wouldnt you . So to me, its asinine to sell the stock because theyre investing in their business. And the largest shareholder in the business is making the investment, that being Zuck Zuckerberg to me, i bought it at 416. I thought it was way, way overdone selling it. They had a great quarter the guidance is pretty good Going Forward. Because theyre increasing cap backs for the right reasons, they will be exponential in terms of gains Going Forward why wouldnt you do it its a lot of your trading colleagues felt it was overdone because the quarter was strong you have to invest in ai for the future thats a huge opportunity. Now heres what i will tell you. It is a super sized position what i mean by that, it is irresponsibly large at this point. Okay. So my core position stays, and this will be, you know, at some point ive already got a gain on it but i think my gain could be dramatic for me here. Jim, you press the buy button on nvidia. Nice price action today, up 5 . Yeah. We have a meaningful pullback. Its found its footing its going higher. I continue to think the valuation on this name is actually quite inexpensive i know at mid30s some people may look agast at that remember the Earnings Growth for the next few quarters is likely to be well above 30 folks, it dont last forever comfortable adding it here courtney, for the record, im not adding big positions here because i do think this market overall is choppy. Were still adjusting to higher Interest Rates from year to year end, we will look at this price level on nvidia and feel it is a good entry point. Youre with us and you own nvidia were sitting at, what, 66 right now . Yeah. Well talk about it in a second, but just to kick it off. When i listen to google, microsoft, meta, google 90 cap x year over year microsoft 50 . Tesla is going to buy 50,000 h100s meta the same. What that tells me is theyre still buying nvidia. I think jim is spot on and great to add to that position because its over its 50 day its bouncing at it. When their numbers come out, listening to these trillion Dollar Companies talk about the cap x spend, theyre still going to nvidia. So i think nvidia will have another blowout quarter and we got the stock back over a thousand if the stock participates in it as well. Alphabet hitting a new alltime high after announcing its first ever dividend as well. Weve got some ownership here around the desk. I guess, josh, lets start with you. What did you like about the quarter . There was so much really to pick from here. So there is two things here, courtney i want to talk about the optics, and i want to talk about the actual fundamentals. The optics around alphabet have been horrendous in recent months im a longterm shareholder and i had thought earlier this year that alphabet had the potential to be the best performing of the megacaps i thought this and amazon. I still do but this company has had repeated embarrassments with their generative ai outputs. And it became like a meme on social media we dont have to rehash all the things that happen everyone knows now they have these employee protests disrupting key executive offices. They have sitouts, walkouts. They have tents. It almost looks like a College Campus in terms of both like the way people perceive whats happening inside of the company. So by the way, i think heshes n of the best. What she had to establish on this call was the fact that this is actually not a kindergarten for random science experiments and it is not a social justice exercise it is a business focused on profitability and making money for shareholders and thats exactly the way the street took what she laid out. And this is really important ruth is moving up to this newly created position of president and chief investment officer, which alphabet has not had in the 20 years its been public. They announced that last summer. Theyre still trying to find a cfo who is going to replace her. But she will be over seeing the other bets, which has been a cash drain, lets face it, historically but i think when they announced that they put a bottom into the share price, now with them announcing the first ever dividend and taking the buyback up by another 70 billion, thats the clincher. And the timing really helped because doing this on the heels of meta, giving the impression that the spending was getting out of control again made alphabet look even better than it otherwise would have. And i dont think it was timed that way, but i do think it helps. Thats the optics. On the numbers, it is undeniable it is a gigantic company, still finding 15 year over year revenue growth, which is the fastest growth rate since 2022 a massive earnings blowout. And we know that the overall advertising spending environment has improved you know how you know it improved because even snapchat, which is run backwardsly, managed to have an upside corner so you have a tailwind from ai you have a tailwind from mad spend. And you have a sense that the company is here to make money for shareholders again that combination was delicious thats why the stock is trading the way she is. Jim, you were talking about this as we were previewing it. You didnt jinx it after all this is a big holding for you. Yeah, it is my biggest tech holding. Im very happy with it i think it would not be up as much if not for the Dividend Announcement which should have taken a page from metas play book that draws in a whole new class of investors that look for dividends. I go back to about two months ago when they had that image generator issue with the pope and all that sort of stuff at the time, the stock sold off. Others said it as well look, go back to february of 2023 when they first rolled out bard and it had a mishap with something about celestial orbits i dont remember what it was but it answered a question wrong. And the stock got sold off hard. That was an incredible buying opportunity. At the time in february that we had this generator, this image generator issue, i said the same thing. Others did as well this is a buying opportunity, and it proved to be that even quicker this time. The end of the story here is there is a lot of irons in the fire for google. Obviously, a lot of them revolve around ai, but basically the basic serve business google web services. Yes, all these things are enhanced by ai, but they all have intrinsic business growth. I was impressed by the youtube revenue. Jim mentioned it up 21 that was better than expectations google cloud look at what they did in all their segments. Whats remarkable and unprecedented in terms of history, apple didnt even accomplish it, to have this kind of growth on this size revenue base microsoft did. Meta did think about how outstanding that is and how difficult it is to grow at that rate when you have got such a Large Revenue base to begin with look, this is a slightly bigger position than meta for me. I almost doubled down. I had a big position a when it was in the 130s, when people were saying theyre done jim and i had such a disaster. There is one google. This is it to think google wouldnt fix that and learn from that mistake Going Forward, that was a fixable issue. It was not a shot to the heart they dont really know what they own. They puked it creating opportunity. Frankly, thats the advantage for me of not being benchmarked. I dont think tech has to be this, ill take a slightly out sized bet and be slightly 1 above or i cant have a position larger than 3 im just there to make money or in some cases lose money. But frankly, this is one that will keep going and going. Today, you guys are making money. The stock sitting at 172 a lot of price target upgrades, too. Weve got to move on to microsoft because this is also an impressive report this is one of your holdings what did you make of the quarter . So i think they are like the best combo from a ceo cfo out there. I thought what he said was so important. Hes like, as it relates to ai, he said we are continuing to ai dmom ratize expertise across the workforce. I sit in our business every day. Things that took a long time are just so much more efficient. And, so, i wanted to hear about copilot, and i was hoping they did not talk about it in the beginning. He did not disappoint. It was in the second sentence of his remark hes talking about how it is driving Better Business outcomes for every role in every industry this is one of the unique plays of the megacaps that you have this huge company that is already starting to monetize all down the vertical of what amazon does of what microsoft does i think the cloud growth, they hit 35 billion, up 23 . So theyre operating on all cyli cylinders. I think its just getting started. I think 3, 4, 5 years from now, this will be a whole new revenue for microsoft. Jim, you own this name, too but you have a smaller position. Anything you hear make you want to get bigger there . Well, i liked everything i heard. Im not going to rush into the name right now at this valuation, i think its fairly valued. Look at that valuation difference between google, roughly 20 times earnings, and its just not the name i want to put more money to work in. Google i already mentioned is my largest position, so i will not add there. Folks i said a moment ago that nvidia in the mid30s, im comfortable with that. Im not taking anything away from microsoft im not saying its going down from here. Im just saying it is the not the name i want to add incremental volume to. It is all about the cloud for you for microsoft . Yeah, it is about the cloud its about them being the Market Leader they will be look, everybody thats astute and has the Balance Sheet will make money in this, right . Think about what they have there. A Huge Installed base, a huge return revenue that deserves a premium. I understand where jim is coming from i dont disagree that its full value here as a holder, im not selling any because they will grow into the valuation and then some. The recurring revenue, thats a whole other growth area for them in terms of step growth they generated over the years yeah, i love it. Its phenomenal. You point out their spending isnt all thatmuch different than metas. Googles spending is not all that much different in ai than meta. Exactly because there is ptsd there. Because in prior cycles, they have spent way too much. You know, irrational spending. Now this is riggsal spending. Okay. You mean like on the metaverse, things like that exactly. Josh, you are not in microsoft. Why not . I have plenty of exposure to microsoft. It is thelargest company in th world. Its huge in the s p 500 so it is not not in microsoft. It is not overweight relative to an overall market weight portfolio. All right fair enough. Great Company Great stock. Nothing negative to say about it. It was a big week this week but also really big next week. We have amazon reporting next tuesday. Josh, you do own amazon. What are your expectations there . Look, this is the one for me. I got i think this one will break out and build a brandnew shareholder fan base its a situation where basically you had a leadership change pretty much at the worst possible time. Bezos hands the company off to jassi who effectively built the Cloud Business and is probably one of the best operators anywhere but the timing was just awful. So it was a really rough twoyear period. I think they now have figured out what the street wants. They figured out what they want to do businesswise. They have taken their lumps in streaming and a lot of different areas. But this is when i think you really want to be here amazons last four operating Income Growth rates year over year so this starts with q1 2023. Plus 28 , plus 132 , plus 343 , plus 267 . Please think about the size and the enormity of those numbers for operating Income Growth. You will not find that amongst any of the other companies we just spent the last 19 minutes talking about. Theyre expecting Earnings Growth next year thats higher than any other magnificent seven stock. Even nvidia only expected to have 21 next year so this is a premium business. Not selling it at a high multiple relative for its own Industry Expectations are fairly low. The stock has rebounded but has not been making new highs like microsoft and nvidia have relative to the 21 days. And i think that this is the one. If they could continue on the stretch they have been on, the stock will get higher and i remain long, and i want to see this thing through. Theirs are on 3 . Maybe some anticipation for what well hear before we run out of time here, i want to go to apple because that also reports next week on thursday josh mentioned low expectations for amazon potentially from some i imagine you might feel the same from apple. Really hasnt done much from the other magnificent seven. What are you looking for from the quarter that it will report thursday yeah. I think where microsoft, google and i agree, i think amazon also will have a microsoft, google type stock reaction next week. Apple will not i dont think much is i dont think the stock is going to move that much out of the earnings. I really think that we, as investors, need to get a real sense of when is that refresh cycle going to really ramp up where we just feel so compelled that we need to go trade in our iphone 13 or 14 or 15 because theyre all very high end to begin with and i just dont think that will be this quarter. I think as an investor, i still call there is really not much option premium on apple, so i dont sell calls against it. Sit. It is a little stuck in the mud. I think the s p will outperform it this year they will get their act together and delight the consumer i mean, apples consumer rating i think is 100 , so they will get there. I just dont think it will be this quarter. It will definitely be one to watch along with a number of others next week. Coming up next, an energy drop and a pharma flop committee stocks making big moves in todays sessions. The trades on exxon mobile and much more. Halftime will be right back. Stick with us. voya there are some things that work better together. Like your Workplace Benefits and retirement savings. Voya helps you choose the right amounts without over or under investing. So you can feel confident in your financial choices voya, well planned, well invested, well protected. New projects means new project managers. You need to hire. I need indeed. Indeed you do. When you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. Visit indeed. Com hire and get started today. Norman, bad news. Whose resumes on indeed mati never graduatedria. From med school. What . But the good news is. Xfinity mobile just got even better now, you can automatically connect to wifi speeds up to a gig on the go. Plus, buy one unlimited line and get one free for a year. I gotta get this deal. Thats like 20 a month per unlimited line. I dont want to miss that. Thats amazing doc. Mobile savings are calling. Visit xfinitymobile. Com to learn more. Doc . Welcome back to halftime. Lets hit some committee stocks on the move starting with exxon. The Company Posted earnings missed for the First Quarter jim, you own it. I imagine you are a little disappointed. Im not terribly disappointed look, we knew going into this that Natural Gas Prices were incredibly low of course, they can always go lower, but theyre pretty close to zero. I do think as the Global Economy continues to pick up, side note, there are signs of that. Like there are real green chutes in europe that you will see Natural Gas Prices increase as well i dont want to go too tangential here. Exxon is 5 off its alltime high it could give a little back here its all right the multiple here, 3 dividend yield. Buying back shares like crazy, yeah, thats likely to go higher and crude oil prices are going really well. I dont see much going on here. Okay. Youre hanging on to this one. Pfizer reports on wednesday. The stock hitting new 52week lows in todays session. Josh, you are in this name i am. This is this is a beaten up value stock trading at 11year lows lost Market Capital already. Very unpopular, very uncool. Nobody is talking about the company. Nobody wants to admit they own it i totally get that this is out of character for me, but i think there is too much value here to ignore and i think the cgen acquisition that they made last year will start paying off by the end of this year and they will see attitudes change pretty quickly. So thats the bet ive made. Well see what happens. Higher but just marginally so abbvie falling. I will step back for a moment i really want pfizer to work i want josh to be encouraged as a value investor, and i fear this experience is not doing it for him. Josh, im rooting for you, baby. Thank you, jimmy. I really mean it. On abbvie, this was not a bad quarter. This has recently been a source of funds and its had a good threeyear run here. First off, being on top and bottom lines, it raised guidance we talked about humera hanging in there nicely and some of its new drugs doing well good dividend yield. Dont worry about the price drop this was a good Earnings Report. And minor Anglo American rejecting the takeover bid thats good news after the bell. What is your reaction to this one . Yeah. So bhp really they do copper and iron the stock has been terrible this year the stock is down about 18 . This acquisition, i believe, is about them wanting to by anglos copper and they summarily rejected it because copper is hitting fresh twoyear highs if you want to look at a pure play look at sdf it is up 8 . As copper continues to be the key metal in the energy transition, we are going to continue to have these supply imbalances where we have too much demand and not enough supply i think it relates to bhp. It is in the penalty box because of the iron. If they want to go take a second bat at anglo, they will have to do it much higher. They want a more pure copper play, and i dont know how quickly china will recover thats what you need iron to go higher. A lot of angles to that story. Lets get the headlines with sima. Heres a news updatement Donald Trumps hush money trial continues with the defense team crossexamining david pecker earlier today, pecker testified that the natnational enquirera not going to pay for Stormy Daniels story. And that former trump Attorney Michael Cohen said the main concern was the harm that could have been done to the editorinchiefs reputation. President Biden Joining howard stern this morning for a live interview while they focus mainly on the president s life story, he did make some news for the first time saying he would be happy to debate donald trump. The Trump Campaign responded on social media saying, quote, okay lets set it up. Andrew tate ordered to stand trial on charges of human trafficking, rape and forming a criminal gang to sexually exploit women. His brother also charged tates legal team says it will appeal the ruling. Thats the news update Halftime Report will be back after this clems not a morning person. Or a. People person. But he is an i can solve this in 4 different ways person. You need clem. Clem needs benefits. Work with principal so we can help you with a plan thats right for him. You know what im saying . Let our expertise round out yours. Happy mothers day some things never change. Like a mothers love. Get something as timeless as a mothers love at harryanddavid. Com. Life is a gift. Share more. Were back on halftime. Finances among the top performers this year that got us thinking where are the biggest opportunities in the space right now. Lets get to it. In 2024 so far, in fact, entering todays trade, it was the third best performing sector in the s p 500 financials after just energy and Communication Services so well see if that trend plays out. Over the last year, you can see the sector is up 28 and the banks, those stocks are a big part of that story if you take a look at the relative valuation of these banks, called price to tangible book value how much do you pay in stock price for every bit of tangible or holdable book value, if you will, in many of these stocks. Check out some of the bigger, more heavily valued ones you can check out bny melon. Jp morgan chase considered by many to be the Gold Standard 2. 2 times tangible book and Fifth Third Bank on the regional side 2. 1 times contrast that to the lower valuations on a price to tangible book basis here look at citigroup shares, which maided a discount to their book value. 70 cents on the dollar there citizens financial and goldman tasachs at 1. 4 as well one of the measures traders and investors look for right now it seems there is an Interesting Development here with a tale of two banks happening. Courtney, back over to you. Thank you so much, don. Everybody on the committee had some financials ownership. Lets start with you what do you like here . Why do you like it goldman number one, first and foremost, look, look at what the stock has done stocks hit a new high. It is trading great. But the palace intrigue about David Solomon faded into the distant because hes done a great job. You cant disassociate Stock Performance with the ceo and this is all without the equity markets being really open for ipos this is without mna resuming the record uphill, you know, in penetration because of more and more deals as companies are flush with cash in your Balance Sheets so when rates come down, thats when you start to see it really explode. If this is the appetizer in terms of performance stock, im ready for the main course. I can tell you as somebody who does business with goldman, they stand alone on the street and competitors that i talk to, competitors of goldman also say it i get covered better by goldman than any other firm. And we will have equal balances at other firms it is amazing. Jim, you have a number of financial holdings. And i would define them all as big so you are talking citi group, jp morgan, black rock. I agree about the strength of goldman sachs. But the overarching comment im making here is in the financials, i want to be in the big banks. I dont want to be in the regionals. We all know the problems theyre facing i dont find the risk reward potential there appetizing to me where i look at the big banks and see the multiples that don was just talking about and also including low earnings nul multiples. You did mention that ipos have been slow. Theyre starting to pick up. In the meantime, the fixed income issuance market has been strong all year. There is just loan growth. That Interest Income we know has been held back by whats going on with the fed. That will eventually be pureed, eventually there is a lot to like in the larger segment of the financials. Yeah. I guess id say the high margin of businesses like ipos and like mergers and acquisitions, we have only seen a hint of it. They havent kicked in the pipelines are full thats the high margin that will really drive earnings revenues. Josh, you own jp morgan it is one of the stocks you love you hold it fondly yeah. I have been in this stock forever. There is nothing new to say here i actually want to pitch a much smaller financial. Oh, okay. It is a Software Company thats hiding amongst the financials the company is called toast. Tost is the ticker it is not in the s p financials because the market cap is only 12 billion. They will report i think the second week of may it will be a profitable quarter. They just started reporting profitable quarters in the middle of last year. And i really think that from a like when you are thinking about financials and you ask yourself like where is the real opportunity, it is going to businesses that have not digitized and have not gotten sophisticated about payments and payroll and all of these really mundane things but that become really important, and thats what toast has done. They now have 100,000 restaurants on the platform and pretty much every month theyre announcing a new major enterprise deal. Sometimes with a hotel chain that has tons of restaurants, et cetera so this is my financial idea that im the most excited about. It will definitely be volatile, but from my perspective, you talk about a tam it is 126 billion in gross value on their platform last year that number should go higher as they keep signing restaurants. So i like tost. It looks like theyre listening to you up about 2 on shares of toast. Coming up next, this weeks standout stocks four big moves from four committee names. Mieado tseras tde cong up next icy hot. Ice works fast. Heat makes it last. Feel the power of contrast therapy. So you can rise from pain. Icy hot. Hi, im jason and ive lost 202 pounds on golo. So the first time i ever seen a golo advertisement, so you can rise from pain. I said, yeah, whatever. Theres no way this works like this. And threw it to the side. A couple weeks later, i seen it again after getting not so pleasant news from my physician. I was 424 pounds, and my doctor was recommending weight loss surgery. To avoid the surgery, i had to make a change. So i decided to go with golo and its changed my life. When i first started golo and taking release, my cravings, they went away. And i was so surprised. You feel that your body is working and functioning the way it should be and you feel energized. Golo has improved my life in so many ways. Im able to stand and actually make dinner. Im able to clean my house. Im able to do just simple tasks that a lot of people call simple, but when youre extremely heavy theyre not so simple. Golo is real and when you take release and follow the plan, it works. Welcome back were checking the investment committees portfolios and highlighting big winners this week up double digits this week, vertiv what do you make of whats going on with the action vertiv. And i have worked my fingers to the bone trying to get josh to buy. Okay. Unrequited love look, i bought this in november. It more than doubled the reason i bought it is because i was looking for data centers and ai in terms of the tool belt rather than doing to the sum. It is the others that are directly it. This is it its got scarcity value in terms of what they do as a company, standing alone which is the cooling racks and other, you know, tools or equipment thats required for data centers so, you know, particularly data sceept centers using gpus which are the advanced ai chips is they run high and data centers now three stories tall for ai versus being one story tall so you need a lot more of them and theyre the ones that make them thats why i bought it i dont think its cheap im saying that for a while. But i also think i will sell it because it will keep going in the scarcity value it gives you a premium valuation. Thats an impressive move. Good earnings. On paper, thats the best week in three years reporting earnings on monday can it keep up the momentum . I think it can. This is one of those Semiconductor Companies we dont talk about much. This is a Semiconductor Company highly focused on the Automotive Industry it is relatively attractively priced we know automobile production is actually cranking right now. The problem is it is for a lot of internal combustion vehicles, as opposed to electric vehicles. How that balances out, i think we will find that the shares are too cheap even more that ev pullback that weve seen again, very attractively priced. Its been a winner in the four years ive owned it. Of course not as well as some of the ai chip companies. But i do think there is more room to run here. Okay. On pace to break a fourweek losing streak. Yeah. I mean, palantir was an ai company before ai was cool this is without a doubt ther is no other Software Company that has the scale of the military contracts i think it is a misunderstood company because thats what most people think it still does they continue to get big awards from u. S. And u. S. Friendly countries. But really what im excited and why i bought the stock is what they do on the commercial side within their ai platform, they have been doing ai boot camps. Last quarter that was up 70 year on year their commercial revenue was up 30 . The earnings three cents last quarter. I think this is early day for them theyre hiring a sales team to go after the commercial traffic. Theyre so trusted earnings come out in 9 or 10 days i think this is one to watch that has more update. Shares up 3 here today josh, you have a big one matterport, congratulations on this move. Yeah. Courtney, this is the worst investment i have made in the last ten years im down lets say i hold it until the deal closes. Okay. I get 5. 50 mixed between cash and stock in costar my average cost is 10. 63. Im looking at my lots now im down in all of them except for one. My highest print was 19. 94. So this is a 50 loss for me even if i hold it until the deal closes the good news is i think they did the right thing for the company. Congratulations to rj on finding a solution because this was not going to make it as a standalone stock. I bought it in 2021. The world has changed. I shouldnt have held it i did. But it is probably the best resolution they could have found. Dont congratulate me. I want to wear a bag over my head just talking about it. All right well, good for them. But, yeah, i see what you are saying because the stock is sitting at 4. 74 right now thats all right you win some, you lose some. Straight ahead, more than a third of the s p said to report, e mmtethcoite breaks down the key names to watch coming up next one prawn. Very good. Did i say chicken wrong . Tired of people not listening to what you want . Its truffle season ah thats okay. Never enough truffles. How much are they . Its a lot. Oh okay im good, that its like a priceless piece of art. Enjoy. Or when they sell you what they want . Yeah. The more we understand you, the better we can help you. Thats what u. S. Bank is for. Huge relief. Yeah. [alarm beeping] amelia, turn off alarm. Amelia, weather. 70 degrees and sunny today. Amelia, unlock the door. Im afraid i cant do that, jen. Why not . Did you forget something . My protein shake. The future isnt scary, not investing in it is. Youre so dramatic amelia. Bye jen. 100 innovative companies, one etf. Before investing, carefully read and consider Fund Investment objectives, risks, charges expenses and more prospectus at invesco. Com. iconic brands speak for themselves. We are so excited to welcome you to our community. Today is all about you. welcome back we are about to kick off the busiest week of earnings season. Nearly a third of all the s p and 20 of the dow will be reporting. So lets catch you up on key energy names transocean, jim, you owe this one. Probably the most volatile name in the energy space things have been going well in the operations of this company they recently announced a new contract for one of their rigs at a 500,000 per day day rate, which is very high what were looking for is some indication that their 11 cold stacked idle rig also be put back on the market ive been waiting for this kind of linus from the peanuts cartoon waits for the great pumpkin. If you get that reference, youre my kind of person, or 6 years old, or 60 years old what we are hoping for on this Conference Call is that we get some indication that might be coming soon. Fair enough and weve got diamondback energy, this is tuesday after the bell bryn, this is one of yours yes, and i definitely get the Linus Charlie Brown reference. So the street the estimates are for revenues and earnings, up 9 and 8 this stock, you would think it was a tech stock its up 32 yeartodate best in class management that has excellent execution. They have capital discipline theyre raising their different dents in direction, free cash flow, strong Balance Sheet so this is just like the poster child of a company that continues to execute i dont think there will be surprises in the earnings, but it is up 32 all yeartodate. So maybe it takes a breather that is a good turn you take the name off, and it looks like a tech trade. Final trades, its already lbeig bk. Inupomg wel rhtac the future is not just going to happen. You have to make it. And if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. The all new godaddy airo. Put your Business Online in minutes with the power of ai. Trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. Get an expanding library filled with new online videos, webcasts, articles, courses, and more all crafted just for traders. And with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. Trade brilliantly with schwab. Hey you, with the small business. Whoa. Youve got all kinds of bright ideas, that your customers need to know about. Constant contact makes it easy. With everything from managing your social posts, and events, to email and sms marketing. Constant contact delivers all the tools you need to help your business grow. Get started today at constantcontact. Com constant contact. Helping the small stand tall. Tamra, izzy, and emma. No one puts more love into logistics than these three. You need them. They need a retirement plan. Work with principal so we can help you with a plan thats right for your team. Let our expertise round out yours. At pgim, finding opportunity in fixed income today, helps secure tomorrow. Our timetested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. Pgim investments. Shaping tomorrow today. Its odd how in an instant things can transform. Slipping out of balance into freefall. Im glad i found stability amidst it all. Gold. Standing the test of time. Welcome back weiss, you sold out of your bitcoin position, why . Whi bought it because of expectations of etfs and a better marking power of black rock and fidelity. And then the halving, that i didnt count on. So if i want to own it going further, ive got to believe theres a lot more interested, so i dont i bought it under 30,000, and its been a great trade. Congratulations on that before we get to the final trades, a shoutout to josh brown, whose firm was just named the number eight best Advisory Firm in america by usa today. Congratulations. Reynolds announcing its opening a new office in manhattan beach, california so congrats to josh brown and the team lets get to the final trades. Josh, kick us off. Ill just reiterate, the netflix selling was overdone im now in the name. Bryn . Yeah, the nasdaq has been stuck in a range bound i like geq you get Capital Appreciation weiss the department of defense is 10 to 15 years behind in technology in that all their initiatives now, whether its javc2 or zero trust, the one that benefits from that, leidos. New management came in, theyre in a sweet spot of everything defense. All they need now is to get into an erm program that does it for halftime. The exchange starts right now. Happy friday, everybody. Courtney, thank you very much welcome, everybody, to the exchange for a friday im tyler mathisen, and im in for kelly evans. Another day, another hotter than expected inflation read. The feds key pce data showing that inflation ticked a little bit higher in march from the Previous Year but held steady from february. Stocks managing to shake, shake, shake that off with all three major averages higher at this hour yields, though, under a bit of pressure as Market Expectations for maybe two interest cuts this year rose a bit