We've got breaking news on drug pricing out of the CMS. Bertha Kums has got the details. Bertha, >> that's right, Melissa.The Centers for Medicare and Medicaid out with their inflation reduction act negotiated prices. These are the companies in the uh drugs that will be at these prices starting in 2027 in Medicare Part D. One of the biggest uh categories is diabetes of course, Goi, Rebelsis.In that uh cohort, the negotiated price is $274. at 71% below uh the list price but of course we know the MFN price is ...

Let's bring in Flex Central CEO Ryan Mallerie. The company operates over 40 data centers in 18 major markets. Ryan, great to speak with you.>> Hey Melissa, thanks for the opportunity to catch up. >> It it sounds like if it does count come down to power and cooling, etc., that there is some question about whether or not all of that money will actually be able to be deployed if the bottleneck is happening at power, at cooling, at water, etc. Yeah, that there is a ton of demand out in the marketplace for this ...

Final trade. Tim Carter by Capri Holdings. >> Dan buy. ...

Retail Sector Trends - Consumers are being choiceful, seeking value and joy, but facing mixed confidence and financial struggles [1][3] - A bifurcation exists in the market, with intense pressure at the middle and low end, while higher household income customers are driving spending [3] - The holiday promotion season has extended to 3-4 weeks, resembling "Black November" with planned deals and tighter inventory management by retailers [8][9][10] Company Specific Insights - Walmart benefits from consumers seeking value and everyday low prices, capturing both value-oriented and high-income shoppers, with a significant technology story including digital advertising and marketplace [2] - Costco is viewed favorably due to its resilient, vertically integrated business model with global expansion, strong membership renewal rates (93%), and iconic brands like Kirkland [5][6] - Costco's valuation, at a 44x PE ratio, is considered expensive but potentially worth it due to industry-leading comps and traffic, with potential to reach 50x+ [6] E-commerce and Technology - Technology plays a crucial role, with Walmart leveraging digital advertising and its marketplace [2] - Costco has opportunities to enhance its marketplace and e-commerce capabilities [5] - The shopping experience is evolving towards a more relaxed, omnichannel approach, with less dramatic excitement compared to past "stampedes" [10]

Market Performance - Netflix stock has decreased nearly 9% in the last week [1] - Netflix stock is down over 13% in the last two months [1] - The analysis suggests the current weakness in Netflix stock, down approximately 23% versus the market, presents a potential buying opportunity [2] Technical Analysis - Netflix's stock price has repeatedly bounced off a well-defined trend line [2] - The analyst anticipates an upward movement from the trend line [2]

Consumer Spending & Market Trends - US consumers' willingness to spend should not be underestimated, supported by emerging data [1] - A divergence exists between affluent and less affluent consumers [2] - The market typically doesn't allow extended periods to sell at high prices, suggesting potential upward movement [2] - Consumer-facing sectors, including travel and restaurant stocks, experienced gains [6] - Travel sector, particularly hotels and airlines, may have been oversold, presenting potential opportunities [7] Retailer Performance & Strategies - Walmart's consistent pricing over months indicates a possible price increase [2] - TJ Maxx continues to demonstrate strong performance [2] - Costco may have maintained a crucial support level [3] - Some stocks cited have been lagging behind, suggesting potential breakout opportunities [4] - Airlines have invested in technology, leading to improved margins and efficiencies [7] Brand & Outlet Dynamics - Nike had a positive trading day despite mixed results from Tim's Dixs and weakness in Foot Locker [8][9] - Strong brands can perform well, while weaker outlets like Foot Locker may exert downward pressure [9][10] - Investors are becoming more selective regarding holiday plays and turnaround strategies [11] - High-end sneaker brands like Nike, Puma, and Adidas face general challenges [12][13] Technical Analysis & Market Sentiment - XRT (SPDR S&P Retail ETF) indicates potential shift from high-flying stocks to those that have been underperforming [5] - Restaurant stocks are near 15-year relative lows compared to the S&P 500 [5] - XRT remains below its 2021 level [5]

I also think that the way the human brain works, I don't think it's Americans. I think it's like I think true crime is prevalent in so many countries. And I think our brain just is constantly trying to make sense of what doesn't make sense.It's why we're attracted not just to true crime, but to mysteries in general. We want to we want everything to fit nice and neat in a box, even if we can never get it in. ...

Morning. We finally got the PPI report for September. It showed wholesale prices rising less than expected.It's a sign that inflation may be cooling, but concerns are still brewing over the consumer. Confidence hitting its lowest level since April and elevated concerns about the jobs picture. We also got a softer retail sales number this morning.Where does that leave the Fed. Where does it leave the economy. Joining us now, Joe Levia.He is counselor to the Treasury Secretary. And Joe, it's great to have you ...

Market Outlook & Strategy - The market is not priced for perfection but is hoping for good things to happen, particularly with AI spending continuing into 2026 [8][9] - Wells Fargo Investment Institute is leaning towards stocks and took advantage of the pullback in April [9][10] - A 10% pullback was expected 3 months ago, but it hasn't happened [10] Interest Rates & Economic Indicators - JP Morgan asset management believes 2025 will see a return to normal for the markets, including global diversification and fixed income performing well [2] - A 4% 10-year Treasury note feels healthy and normal, aligning with nominal growth (real GDP growth plus inflation) [6][7] - Rate volatility is at its lowest levels since the Fed started hiking rates in March 2022, and the Goldman Sachs financial conditions indicator shows easy conditions for the US consumer [5] - JP Morgan asset management anticipates double-digit earnings growth in 2026 [4] Sector Allocation - Wells Fargo Investment Institute cut back to neutral on the technology sector and communication services, which together represent close to 50% of the S&P 500's value [10][11] - Funds have been moved into industrials, utilities, and financials [12] - Diversification into utilities and industrials is partly driven by their AI impact, offering a cheaper way to gain exposure [13][14] - It's important not to diversify too far away from companies with strong growth and cash flow potential [15]

Now, let's get into the tech trade with our next guest right here on set. Dan eyes from Wed Bush here to tell us how to play the AI revolution. Why he says we're not in a bubble.Dan on AI. This market has been ridiculously flighty. I'm old enough to remember when open AI was going to kill Google search and when the narrative was Apple's dead money because it missed AI with Apple intelligence and that Oracle is the fourth hyperscope.That was a recent one. You got to do your homework, not get caught up in eac ...