Lowest level in years and growing tensions with iran we have the Energy Secretary rick perry will weigh in first on cnbc. The growing threat to housing. Why it may turn into the biggest risk for the Housing Market in many a year . Power lunch starts right now welcome to power lunch. Im melissa lee. Holding on to weekly gains pressure coming from semistocks as tyler mentioned getting whacked following broadcoms warnings about slowing demand. Kelly . We begin with the red hot stock of the day shares of chewy soaring. Leslie picker is tracking the action for us this afternoon leslie reporter kelly, we knew people loved their pets but who knew investors would have loved their pet supplier this much chewy shares soaring up 54 after three hours of trading the company priced a dollar above the range, it boosted earlier this week on stronger than expected demand it was also able to up size the number of shares sold through the offering chewys Parent Company pet smart will be taking home the bu
[cheers and applause] greg thats all me thats my fault. My fault. All right, all right, all right. Happy wednesday, everybody. Tomorrow, both President Joe Biden and former President Donald Trump head to the texas border to duke it out on americas current migrant crisis. The sad part is only one of them will know where he is. [laughter] the other will think hes on a beach in delaware during cinco de mayo. For bidens part, this is only the second time hes been to the border during his presidency. The other time it was to pick up a package for hunter marked baby powder. [laughter] of course trump has been to the border numerous times, and its obvious why hes been talking about it for years. It just took forever for everyone else to catch up. The truth is that trump, that terrible knuckledragging vulgarian who they love to hate, shows he knows the pulse of america better than his opponent, who may not have a pulse himself. I know. Too far or not far enough . Sure, trump is a billionaire,
Jackie neil broke it. Charles always blame neil. Good afternoon, everyone, im charles payne, this is making money. Breaking right now wall street itself has been jumping on the rally bandwagon and looking at the screen you have got to ask is it for the wrong time and for the wrong reason . Ed yardeni was ahead of all of them. I want to find out what he is thinking now. A once bankrupt retailer has not only come back from the dead it has outpaced nvidia. Give you one guess without cheating what company it is. Tweet me cvpayne. Well tack about retailers. The economic fertility bust. Should we pay couples to procreate . It might be a good idea. The cookie monster partnering up corporations for inflation. Well call up the keebler elf with a counter attack. All that and so much more on making money charles i have come to believe all bull markets are unloved by the experts at least at first. Think about it, every time there is a bull market, they say it is unloved. Theyre al unloved in part
Greg hi, im greg gutfeld with judge jeanine pirro, harold ford jr. , Jesse Watters, and sandra smith, the five. He went On Libra Late Night to prove his brain works right. Joe biden leaving his cpap machine on Air Force One with an Afternoon Taping of late night with seth meyers, trying to show america how hippie can be without breaking one. As an astounding number of americans say hes blown a short circuit, his latest poll has 64 of registered voters saying they dont think biden is mentally fit for another term. And boy, did he reassure them. Hes about as old as i am but he cant remember his wifes name. Its about how old your ideas are. This is a guy who wants to take us back. Everything weve gotten done, he wants to do away with if he gets elected. And i really think his views on where to take america are older than anyway. Greg he ran out. Well, it was a race to see who fell asleep faster, the president or seths dwindling audience. Even obamas old crew aint optimistic about fixing u
Well, well, well. A surprise visitor on the late night show with seth myers. Check it out. Hey, mr. President . Thats not a. I. Thats the real president. Amy poehler helping introduce the president who returned for the shows tenth anniversary. Hes also in new york for a campaign event. That helps. The band played hail to the chief as the president set down for an interview, jokingly asking myers why he didnt invite him back sooner. He was on the show in 2014 when he was the vice president. The entire episode airs in about an hour from now here on nbc. Check it out. All right, lets take a look at our weather one last time because things will be changing for us. They will. Two days of some sun coming our way, then we get the rain thursday, friday, and saturday. Looks to be the heaviest friday into saturday. Snow levels could go down to 1,000 to 2,000 feet. But a big warning, if youre going up to the sierra in the threedaytime frame, totals could hit six feet up there. Its going to be a n