Play of the Day -- Late night loves Obama's Christmas shopping trip

A daily roundup of late-night video.

Late-night hosts had fun with President Obama's Virginia shopping trip this week. "Obama bought about $200 worth of Christmas presents at Best Buy," Jimmy Fallon said Thursday. "Then it got awkward when he asked the Geek Squad if they'd fix the economy." Don't miss today's Must See Moment at 2:20 when David Letterman presents the new The Hobbit movie trailer, starring one of the Republican presidential candidates: