Carl Quintanilla, Jim Cramer and David Faber discussed what to make of certain stocks going parabolic. Jim offered words of wisdom when it comes to searching for the next Nvidia.

The Trump transition in the spotlight: The President-elect reportedly floated the idea of choosing former Fed governor Kevin Warsh as Treasury Secretary, and later nominating

him to succeed Jerome Powell as Fed Chair. The anchors reacted to Citadel CEO Ken Griffin's comments about tariff risks. Also in focus: Gap and Ross Stores jump on earnings

and holiday season guidance, Amazon to invest an additional $4 billion in Anthropic, OpenAI vs. Google, dueling magazine covers featuring Elon Musk.

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