. >> wilf, apple will return to growth they see upside to the streets, critical december quarter. for 2020, the analysts see revenue growth around 6%, strength in wearables and services offset flat to declining revenue and other products new price target $305. apple shares will benefit from 5g adoption and attractively priced wearables portfolio revenue growth in single digits is reasonable. these firms not alone. 60% of analysts now rate apple a buy. back to you. >> thanks so much for that we just hit session highs in the last minute or so. >> can you throw in semis here real quick very important smh. semis have been regarded as the new transports a chip or multiple chips in it the market is voting that things will be okay when you see something like this. it's not just one big component driving it it's the full spectrum of chips. >> mike, the market is saying it's more than going to be okay. the risk now is that we've gone ahead. semis, apple, everything. >> certainly that will become the risk at some level maybe it's this one. maybe it's higher. what's really going on, right no

trade, the main driver, as wilf mentioned. stocks rallied to new records earlier, but have come back down to earth as we learned t

contessa and wilf, thank you this is "fast money. i am brian sullivan in for melissa walker your traders are tim seymour, and also joined by jeff mills, chef investment officer at bryn mawr trust we begin with breaking news on boeing sources telling cnbc moments ago the company will halt production on the 737 max airplane beginning next month, stock moving lower all session and lower in the after-hours let's get more, phil lebeau live in chicago with more. >> drone this is a decision to halt production that was reached by the bored of directors from being who med yesterday and today here in chicago. and we have been hearing from people familiar that the board was leaning towards halting as owe posed to slowing it down it's currently at 42 per month that's how many they build it's been at that rate since back in april. remember, it was grounded in march. what the company decided, at some point when you have more than 100 built but not delivered, it makes more sense to shut down the line until the grounding is lifted. the workers who a

. >>> yes it does, contessa and wilf thank you very much in a snow nasdaq market site over looking times square. i'm brian sullivan if for melissa lee. traders are pete najarian. tim seymour and karen finerman and steve grasso ton and fast, a megachip rip micron shares surging in the after hours. the company reporting what it only be described as a blowout quarter. but is it worth your money still? we'll talk about it. plus tesla rocketing to a new all-time high. issue should you ride the rally or brake yourself for an electricslide in and later cal it a microscope on 34th street we tell you which retailer spreads a little holiday chiara. very good holiday for this one name all right. that's not obviously all that's going on today so let us begin with the latest developments out of washington, d.c., we are looking at the live look at the house floor. lawmakers are closing in on a vote to impeach president trump. kayla tausche has the latest details. and the likely time line for you now, kayla. >> brian, there is roughly two hours left of debate and remarks from party leadership before th

wilf, take it away. >> jon, thanks so much for that. as you said here at the goldman sachs financials conference. joined by the chairman and ceo of bank of america, brian moynihan. >> great to be here, good to see you again. >> we heard from you this morning presenting at the conference and some other banks are very optimistic about the consumer it seems. talk us through that you have some unique data about how retail sales is going in the holiday period. >> well, you have to start a little bit from the structure and the u.s. economy is two-thirds, 70% consumer driven. so if the u.s. consumer is doing well, we know the economy will do pretty well if you look at our spending just in general last year to this year, it's up about 5.5% to 6% and that's across $3 trillion of card usage, checks written, cash out of the atms. it's a big dataset it's grown faster through the year if you look at the holiday spending, wednesday before thanksgiving to cyber monday, up double digits, strong. people are spending. so that's good news for the u.s. eco

this thing tick off the bottom but until then i'd rather have microsoft that has a lot of levers as wilf would say. >> levers. i think they're levers but i wouldn't say microsoft on relative basis everything everything you say valuation is not close. it's a different business and composite with microsoft but slack problem is the valuation and i agree with pete you have to make money here. >> quick though, the stock given in quarter, actually pretty good by their standards -- paid customers up 30% year over year. you can go through margins better, although still clearly lutesing money on the right trajectory i thought given the run the suffolk had to the downside, the short interest, given what we heard, in stock should be over 23 given the quarter and it's not close the market doesn't like this i think that's the tell. the stocks should be higher it's not that's all you need to know. >> the news alert this afternoon on boeing. phil lebeau has that phil. >> carl the chief engineering for boeing john hamilton resigning from the company most notably recently known as the person sitting next

>> shaken, not stirred >> thank you >> is that how wilf likes it >> he's already wearing a tux dough t edo, underneath his suit. >> underneath the wet suit >> yes. >> when he goes up and blows up the enemy? >> yes. >> boeing was dragging 60 points off the dow. as you see, dow managed to claw its way back to the flat line. hanging on to 3137 cannabis fun to watch. >> yes. >> she points out the top six public cannabis companies this year have lost 25 billion in market. >> 25 billion. we had one of those, we do thing at the 5:00 about the big number and the big numbers, like cannabis, 50 billion in sales, supposed to be next year, by the way, just get this, i've been trashing home depot, 2020 is the peek year of investment, could be fine. i've been -- this is my fourth mention of home depot. wanted to throw one positive in. there we go. on the cannabis, once again, before we write it off, there is a company run by david kline, a real executive, and that's canopy and it is -- >> we spend a lot of time talking about it. >> jane wells will go out there and do some pretty good research. >>

. >> julia, wilf, the ceo is making the first trip to capitol hill meeting with mar sma blackburn who accused the app of paving the way for the chinese government to gain unfettered access to children's lives now tiktok is owned by beijing-based byte dance and denying shares data with the chinese government or censering content. it's facing a national security review into acquisition the music lee the app turned back to tiktok and it settled with the ftc over illegally collecting information on kids. and this week it settled another lawsuit alleges violation of children's privacy laws. back to you. >> thank you for that. courtney has a look at retailers reporting next week. >> crazy for retail tors report in december. stitch fix out first after the bell monday. expected to report a loss on revenue growth around 20%. watch the active client metric it grew 18% last quarter but the company expects a softer result this time around. lulu lemon on wednesday shares up 90% year to date. any sign of weakness could shock the stock. expectations are losty last quarter it beat and raised guidance