Austin, texas and carl icahn out with a new bet against some place i bet we all hung out as teenagers. Good morning, good afternoon, good evening im Brian Sullivan if there is a president cook some day, you can say you heard it here first. That song as annoying as it is gives us a big theme today that is retail yesterdays slam of home depot and kohl sending shock wave through the world. That one, ouch, Urban Outfitters down 16 first, lets go to the macromarkets and stock futures are down again they are in the red today. Off 1. 07 right now technology continues to power on yet another record for the nasdaq and nasdaq 100. The nasdaq 100, if you are not paying attention, please do, its soaring on pace for the best year in a decade year to date. We are up almost 32 because we always like to make you a little bit smarter here. Listen to this, 49 of the 100 stocks are up 45 this year. Two of them, semiconductors lam research and amd have doubled. In the bond market, not moving too much down
Lemonis youve made up numbers the whole time since i met you. This Cookie Company will crumble. Rachel [ voice breaking ] this is too much pressure. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Im headed to compton, california, to the manufacturing facility. And after watching her video application. Rachel hi. Im rachel galant, and im the owner and c. E. O. Of jackies cookie connection. Lemonis . Finding out how successful jackies cookies have been in the past. Rachel my mom, whos jackie, opened up cookie stores. These were her original recipes. She was voted Family Circle best cookie. Lemonis . Im excited to taste the cookies. Hi. How are you . Michael hey.
The dow is down over 200 points. Of course, pointing to weaker than expected Manufacturing Survey that was definitely the trigger. A lot of the rally since late summer was about a process with industrial activity. I will point out weakness today is not specifically concentrated in manufacturing, it seems like it is an excuse to say we had a nice run, havent had many pull backs. See the nasdaq down 1. 4 not full of manufacturing. It is more of a general cemen sentiment. U. S. Data not improving on time according to the schedule investors were hoping, we have a backoff. I would point out, s p is back to where we traded a week ago friday were skimming a bit off the top of the last part of the rally. Dow is down 220 as we talk now. Meantime, lets turn to the political ad hold outs mark sazuckerberg was reiteratig facebooks policy for now. At the end of the day i just think that in a democracy people should be able to see for themselves what politicians are saying even if the ads contain fa
[ sighs ] lemonis and the Company Still doesnt understand just how much trouble theyre in. The reason were going through this process is because youre being accused of fraud. If i cant help them face reality and find a way out of their jam. You sort of just make up numbers. David im not making up a number, so lets go back to lemonis youve made up numbers the whole time since i met you. This Cookie Company will crumble. Rachel [ voice breaking ] this is too much pressure. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Im headed to compton, california, to the manufacturing facility. And after watching her video application. Rachel hi. Im rachel galant, and im th
Ten weeks. But with todays move to the upside in a sector largely exposed to china and ahead of another round of expected tariffs in just a few days, where should investors be looking for protection joining us now to discuss, Oak Mark Fund Portfolio Manager bill nygren and nsz capital cofounder, bill slingerlen brad, you have some thoughts specifically around where is a good place to put money at this point. Specifically as it relates to regulation coming down the pike and semiconductors give us a sense, start with semis. Sure. So you know, we think theres no more interesting spot in the tech sector today than in the semiconductor segment, particularly for longterm focused investors. We know theres a lot of noise and a lot of volatility around the trade war and the trade talks that are going on now. We think ultimately, were entering sort of an ai cold war phase between the west and china. But that china and the chinese economy cant exist without cement conductors and frankly, the enti