SOTS 2nd Hour: A Chip On Your Shoulder, Retail Records, and A Tesla Bear-Turns-Bull 12/2/24

Carl Quintanilla, David Faber, and Sara Eisen talked the latest for stocks as the S&P, Dow, and Nasdaq hit more record highs thanks to strength in big tech names like Netflix and Tesla. Tesla’s gains in part driven by a key upgrade from longtime bear Craig Irwin at Roth MKM, finally taking the name to Buy after years of a Hold rating: the team discussed why now. Intel the other big stock to watch, after CEO Pat Gelsinger announced plans to retire… But is the stock a buy here? Also in focus: bullish luxury demand trends with longtime restaurant & retail investor Ray Washburne; Super Micro shares surge on a new internal probe; and the playbook for broader markets into year-end Squawk on the Street Disclaimer