this year. >> it's all good. >> final trades. >> because of that unusual activity i'm going with freeport-mac. >> steve weiss? >> macy's, i still think it's very cheap. time to buy it. >> guy? >> at&t. >> doc? >> cobalt international, cae, buying that. >> cnbc "twitter revolution" tonight. "power lunch" starts right now. >> the second half of the trading day starts right now. >> who gets off air on time better than scott wapner? nobody, ladies and gentlemen, a summer's fall. stocks dropping for a third straight day. in three days time we're now down several percent as you will see in just a moment. president obama talking about what is probably your biggest investment today, your house. what he's saying and the changes that could be in the works for the housing market. he talked a little bit about it yesterday in a big speech in phoenix. today answering questions about housing, and a brand new list. we love lists, goldman sachs

sending out a note of what it calls the 40 cheapest stocks in the market. can they make you money? well, we're going to give you the list throughout our show today. first though, down to sue, nyse. hi, sue. >> hi, ty. right now the markets are falling a little bit, not all that much, but it's the third straight day to the downside. right now the dow jones industrial average is down 47 points. the s&p 500 is off about 6.25, and the nasdaq off 16 and the russell 2000 off 7.5. in terms of interest rates, we actually moved down a little bit on the interest rate earlier this morning, and we're at 2.61%. comex gold is snapping its losing streak, up about two bucks on the trading session and brent crude is down half a percent. kenny polcari a cbs analyst joins me as does bob pisani. kenny, what are you looking in the markets today? >> the overall tone, the sense and lack of clarity and giving softness away. i think it's very clear, i don't think it's anything that people have not expected or understood. >> right.

>> i am watching technology and ibm for sure because ibm is at a very key level, 188, 190 like that. it's got a hold here, and if it doesn't, you know, there's further downside. the momentum play jumps on which would bring a more negative tone to the dow anyway. >> disney was a disappointment, too. >> yes. >> a lot of people did not expect that. >> the star of "lone ranger" has had a lot to say. the overall theme parks were great in disney. up 9%. the cable part of the business is doing good. all anybody wants to talk about is "the lone ranger" with a $160 million break. it's the fourth best performer on the dow. >> absolutely. disney is up 33%. >> that just speaks exactly to -- >> to the fickleness of this market. >> i'm starting to do the hand thing. >> i feel like i should jump on top of you and carry me out of here, forming a bridge in the

middle. >> they tweeted out other day that people that talk with their hands are very smart. >> excellent, perfect. >> we can disprove that now, however. but the point i want to make is we're seeing seasonal weakness we always see in august. >> right. >> it always troops in august. >> and volume is low. >> people are acting like they have never seen three down days, going to the point of disney. there's a disconnect. no one is really paying attention. right now it's seasonal and a little bit of a lack of clarity. >> the lack of clarify is where i want to pick up. the fed's richard fisher yesterday was talking about the fed might pull back on the bond buying. charlie evans throwing a little bit of murkiness into the markets. >> right. >> that creates a problem. >> creates more confusion which the market doesn't want that. >> the hawks and doves are aligned, that's the point. everybody knows. all marching the same beat right now and the market should be getting used to that. notice interest rates not up. >> speaking of interest rates, perfect segue, bob, because we have the ten-year note up for auction today, and rick selly is at the cme. what's the demand like, ricky?

>> well, first of all, the grade is c-mine us. many might say i was a little bit too kind. you know, it's really there's some nuances here we need to pay attention to. first of all, 24 billion, ten-year notes came to market. demand c-minus. the ultimate yield, 2.62. that yield is a bit lower than or higher than the 2.623. so we actually moved three basis points in the right direction, so the pricing was fine, but the new trend is light on the bid to cover. this bid to cover was 2.45. 2.81 is the ten auction average. you have to go to march of '09 to find a lower bid to cover. really strong indirect. very similar to yesterday. whopping 46.3%. the directs, we wasn't through that period of very light direct. they are starting to come back, but they are still not up to the ten auction average. this is a little over 15. i guess good news is dealers

only took 38.5 so it was distributed, by the bid to kofrk the amount of dollars that are chasing, every dollar's worth of securities available have been coming down on all maturities of all actions lately. back to you. >> terrific analysis. thank you very much. appreciate it, as always. >> if you have a little extra cash sitting around we have a shopping list for you because throughout the hour we'll be revealing what caved costin, the chief u.s. equities strategist at goldman sachs, calls the 40 cheapest stocks in the market. we're going to start with 40 and going down to 36 this time around. national oil well varco, bristol myers, applied materials and precision cast past, schlumberger rounds out the number 36 position. look at the upside targets that he has, between 23% and 22.5%, so it's going to be very interesting to see more of goldman sachs' top 40 cheapest stocks still ahead this hour. ty? >> all right, sue. that should be interesting. happening right now, president

obama is in los angeles talking housing with zillow's ceo. the two are hosting a virtual roundtable, as you see right there live, taking questions from around the country. yesterday the president sketched out his latest plan for housing finance reform, and the top thing on his agenda, wind down freddie and fannie by 2018. diana olick is cnbc's real estate reporter and paul bishop is an economist with the national association of realtors. welcome to you both. mr. bishop, let me begin with you. is the price of getting the government out of or not so heavily involved in the mortgage market necessarily higher priced, higher rate mortgages and mortgages that are tougher to get, especially for the low-income people? >> well, i think to answer your question it really depends on a lot of details that go into what the new secondary mortgage market might look like. if there's an expectation that it's only private capital that's in the market, then certainly the case. we would expect the 30-year

fixed rate mortgage to be much more costly to the average home buyer and in some cases perhaps not even be available, but if we have a backstop by the federal government with private capital taking the first loss, it's not necessarily the case that we would see any significant increase in the cost of mortgages to the average home buyer, so that's one of the reasons we think it's very important that there will be a federal backstop in the secondary mortgage market. >> so the luxury here, diana, of having the federal government in some way backstop mortgages, paul just said, is lower-priced mortgages that are more accessible to more people, right? >> right. i mean, if that's the way it works out. remember, the devil is going to be all in the details up here on capitol hill as they hash out what exactly is going to happen. i mean, the president is pushing to bring down fannie mae and freddie mac despite the fact that freddie mac just reported $5 billion in earnings today. fannie reporting tomorrow and expected to also see profit, which they are paying directly to the government, so these are cash cows that he's saying we have to remove from the market so that's an interesting

backdrop against all of this. >> mr. bishop, in principle, do you agree with what you heard the president say yesterday in phoenix? haven't heard too much of what he's been saying out in los angeles today, but basically he says that the private capital would take that first dollar of loss, if mortgages go bad, and then i guess the federal government would have some role which is basically to say would step in and make good. what do you think? >> yeah, the framework that the president laid out yesterday is very consistent with an earlier plan that we had released back in 2011, and so it's very consistent with the major points that we could support and we think would be the best for the mortgage market going forward and more importantly best for middle class home buyers going forward. >> congress hasn't gotten a damn thing done this year. pardon my language there. do you think they will get this done, paul? >> i think there may be additional momentum behind it. this is a huge task, and it's going to take a long time i think to work out, as we mentioned earlier, all of the details because how all of this

affects the average home buyer is going to be in the details, so i don't expect that there's going to be any quick resolution to this, but i think, and hopefully there is some momentum to push it forward, more so than the last couple of years >> home hires are one and not the most muscular interest group with a stake in this. thank you very much. dip yeah, thank you as well. let's go over to josh lipton for a market florida. josh? >> tyler, first up. we'll look at ralph lauren having its worst day in nearly two years. reports and disappointing earnings and revenue miss. first quarter profit dropped 6%. the retailer posting weak sales in europe and japan. the stock though is still up nearly 20% for the year. next up, have a look at time warner. that stock rising today after twx posted a bigger revenue than the street anticipated. on the conference call, also making some news. the ceo now saying the spinoff to be moved to early next year, previously expected for the end of this year. that stock up some 36% year to date, and finally first solar,

which is ugly, posts a 70% fall in profit and cut its outlook for the year and the street reacting. ubs cut the price target from 51 to 48. the stock up some 30% so far this year. sue, back to you. >> yikes, a 13% loss though today. thank you very much, josh. aol moving higher in today's trading session by 1.66%. the company to buy adapt tv for $405 million. it helps businesses buy and sell online video ads. although also reported better than expected revenue for the second quarter. that stock is up more than 25% this year alone. ty? >> a massive fire, sue, is ravaging kenya's main international airport today in nairobi. the airport was closed for the day. look at that inferno there. at the international arrivals terminal in nairobi. all inbound flights have been re-routed. the government says no injuries have been reported in that fire, but look at that. the cause of the fire sun clear.

investigations under way. it comes on the 15-year mark to the day the u.s. embassy was bombed in nairobi and tanzania, and it comes on the heels of the u.s. state department's global terror alert. in addition, most embassies in the middle east and africa have been closed for security reasons, but at this point there's no word that that airport fire, we repeat no, word that it was caused by any terror action. well, president obama will travel to russia next month for a g-20 summit, but he has cancelled a side trip to moscow where he was supposed to meet one-on-one with president vladamir putin of russia. this comes after russia granted former nsa worker edward snowden asylum for one year. eamon javers live in washington with the consequences of this action. eamon? >> hi, tyler. well, can you tell that the relationship between president putin and president obama has gotten increasingly awkward in

recent month. just look at the body language of their most recent meeting, the two men sitting some distance apart. putin though not looking very happy to be on a stage with obama and obama not happy either. this is what the white house had to say today in their statement. they said russia's disappointing decision to grant edward snowden temporary asylum was also a factor that we considered in assessing the current state of our bilateral relationship. now, that's why they cancelled this summit, but last night talking to jay leno on "the tonight show" the president said there are areas where the united states can still work together with rush, despite the recent unpleasantness. >> a lot of what's been going on hasn't been major breaks in the relationship. they still help us on supplying our troops in afghanistan. they are still helping us on counterterrorism work. they were helpful after the boston bombing in that investigation, and so there's still a lot of business that we can do with them. >> so clearly a bit of a break here in the relationship between

the russians and the united states, but, tyler, the president there trying to put a bit of a brave face on it as well, so, sue, that's the situation from here in washington. back for you. >> very interesting to say the least, eamon. thank you very much. well, have you been watching the prices at pump recently? something is happening that could add to your bill very, very soon. before the break, more of goldman's top 40 cheapest stocks. take a look at this list. valero, monsanto, qualcomm, goodyear and cognizant all making the list. back in a minute. than ever, creating new opportunities for those who stand ready to seize them. in a time when the biggest risk is playing it safe, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, our flexible, collaborative approach helps forward-looking companies not only run better, but run different...

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several energy companies out with their earnings today. we begin with duke energy, the largest power provider in the u.s. it posted weaker than expected second-quarter earnings on weak commercial sales. the stock right now is down about a third of a percent. different story for devon energy. the oil and gas producer's second-quarter profits jumped a better than expected 43% as production from texas boosted its oil output. the stock is up almost 1.25%. ty. >> thank you so much. is the world's biggest oil consumer now becoming the biggest refined product producer and exporter? jackie deangelis on the case. what have you been finding? >> reporter: short answer to that question is yes. if you recall, the u.s. became a net exporter of petroleum products two years ago. now we're the largest exporter in the world. in fact, bank of america and merrill lynch estimates this u.s. exports doubled from the

end of 2007 until the end of last year. the major reason is diesel fuel. a strong demand for that product especially in emerging markets. the u.s. exported about 1 million barrels a day of diesel fuel last week, roughly the same we've seen the previous few weeks but up from 840,000 earlier this summer, and the reason for this is that diesel margins are higher than gas margins. as of the mid-year, margins on gulf coast produced diesel were running just above $16 for barrel while for finished gasoline they were just under $8 a barrel. that's roughly double, according to valero. many refiners have done simple things to change their product mix, shell, marathon petroleum and also valero expanding their export terminals ald of and noting that the gulf coast refiners are benefitting from this trend over the east coast refiners. the shipping costs are preventing the east coast refiners from tapping into the domestic oil supplies which is

cheaper. east coast has to rely more on international oil, the brent price and makes them less competitive. >> a lot of deese sell going over to europe, as that map showed. >> that's part of it, but you could also see we're looking at places like mexico city. >> and south america. >> south america as well. >> use a lot more diesel vehicles, of course, over in europe and those places as well. jackie, thank you very much. for more on that story go to cnbc.com. our market editor has been way ahead on this and will fill you in on more details at cnbc.com. sue? >> ty, a question for you. how do you make a 14,000 foot sky dive a little scarier? you could handcuff yourself and lock yourself inside a coffin and have a few buddies give you a push. you won't believe it. it's coming up next on "power lunch." but first goldman's top 40 list of cheapest stocks. first solar, yahoo! eog making the list. also coming up, power pitch.

>> startups give us their 60-second pitch. >> i'm victor wang, founder and ceo of gerijoy. >> and we give you insight into the fast-paced world of venture capital. >> what in the world does it actually do? >> are they going to buy this service? >> do they these founders have what it takes? >> are you in or out on gerijoy? stay tuned to find out. [ male announcer ] come to the golden opportunity sales event and experience the connectivity of the available lexus enform, including the es and rx. ♪ this is the pursuit of perfection.

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lunch." i'm josh lipton. have a look at mcgraw hill, and you'll see an intraday drop in that stock. dow jones is reporting that the s.e.c. is investigating standard & poor's for a 2011 real estate deal. the involvement of the s.e.c. enforcement staff indicating an elevation of an earlier probe. you can see the drop there in the stock, down about 1.5% right now. tyler, back to you. >> on today's power pitch we have a founder whose big idea is digital talking dogs, and i'm not kidding here. victor wang is the founder and ceo of gerijoy. he started programming at age 6, and since then he has served as an overs in the army, earned his masters from m.i.t. and researching human machine interaction for nasa, and now he's got 80 seconds to make his pitch. let's take a look.

>> all right. i'm victor wang, founder and ceo of gerijoy, and we make talking dogs. our android and ipad tablet-based service relieves stress from families by providing companionship for older loved ones 24/7. in addition to the proven mental health benefits of pet therapy, our pets provide intelligent, compassionate conversation about topics like family photos. when i started gerijoy after finishing my masters at m.i.t. researching human machine interaction for nasa and i realized i could improve mental health and happiness for not only my own grandmother living alone but for millions of americans and their families. so now large national chains of senior care facilities are really excited to be adopting gerijoy for their residents, and we're also available direct for consumers. already raised hundred of,000 thousands of dollars including from leading angel investors like chris brown so check us out

online, tweet us and we'd love to connect with you. >> victor is on the right side of the screen and for now he can just hear us but cannot react just yet. on the panel, former health and human services deputy secretary overseeing a budget of $700 billion and nearly 70,000 employees at the largest civilian department in the federal government. steven kraus is a partner with bessemer which has $4 billion of assets under management. steven focuses on the health care sector. some of his investments were acquired by glaxosmithkline and eli lilly. all right, folks, let's huddle up here. tevy, why don't you kick it off. what are your interests and concerns here? >> what i want to know, two things, are they going to buy this service? will people be interested in it and will it really serve the purpose victor is talking about and second of all i'm a little nervous about the name. gerijoy, really doesn't tell me what the product does. >> steve, your thoughts. >> we've seen a lot of mobile

apps that have gone after the senior level. there's a lot to like here. >> i've gone through this with both parents and now an aged aunt who suffers from dementia, i would love something that can really help connect with her and help her through this difficult time. okay. victor, are you in the hot seat. steven, why don't you hit with the first question. >> how do you guys measure and use your engagement? >> from testimonials and we also track data on usage, and we actually also measure hard data on usage per day and that averages half an hour per day per senior. >> i'm curious about the name, gerijoy. american people love pets, 50% of americans love pet, why didn't you get the pet thing in there? >> if you remember we thought we'd bring joy to geriatrics and you'll never forget that name. obviously based on our testimonials that's what we do. >> victor, give me 20 seconds on exactly what i do with this app.

>> it returns as an app in an android tablet, for example, so there's no up front costs for that. you run our app and runt monthly subscription for the service and give it to your mother or father or grandmother and grandfather and set it up. plugged in 24/7 so you don't need to teach them using any technology and don't even need to understand what a tablet or internet is and we have live people in the back that work around the work and clock that provide truly passionate conversation through the avatar of the pet. >> what is the price point? >> the standard one for consumers is only $99 a month for 24/7 staffing. able to do that because of our technology in between our staff and the seniors. that kind of leverages our staff time. >> are you in or out on garnlg joy? >> alzheimer's patients are going up from about 5 million now to about 14 million in 2050. at the same time, 99 a month sounds a little pricey for me so i'm kind of on the bubble but i think i'll give it an in.

>> steven, your turn are, in or out? >> i'd encourage victor to be very deliberate about how they use the data and measure impact and hub outcomes because that will make a difference for the enterprise and consumer buyer. >> are you in or out? >> i'm in, absolutely in. >> twos in. >> third one. i'm out. i like the demographics, i like the idea. i don't like the price. $99 a month is just too high for most seniors to pay. you've got to bring it down, so i'm out. your reaction, victor? >> $99 a month is actually an order or magnitude lower that it would take people to hire in person and we're a nice supplement to that. people will spend $1,000, 2,000, 3,000 a month on home care services and we're a tine fraction of that and help to improve overall quality of care. for example, actually detected and reported and prevented senior abuse by paid care-givers so we're a really nice supplement. >> two out of three yeses there. thanks so much, victor of garnlg joy and to our panelists, and

that is the power pitch. >> you heard what we had to say. we want to hear from you. are you in or out on gerijoy at $99 a month. cast your vote on powerpitch.cnbc.com and follow conversation on twitter with the #powerpitch. sue? >> thank you, ty. go-go was up big this morning. it was up just a second ago. right now it's trading found $4.03 at 12.97. its first post-quarterly ipo report was out. this afternoon trading, as we've showed you, shares are on the downside. it ipo'd at 17% per share so it's lower at a price that was set back on a volatile day.

go go ceo michael small joins us live from washington. nice to have you here. >> hi, sue. glad to be here. >> let's start, first of all, with what drove basically your results this morning. seems to me your new prissing plan that she timed out sessions seemed to drive some of the results. is that a correct interpretation? >> that's absolutely correct. that was a factor. see more people using our service all the time, and they are paying more than they did last year as we switched or pricing plans, used to be strictly based on length of flight, and now we do it based on the demand for our service on those flights. >> talk to me about the commercial aviation market here in the united states versus your intended growth internationally. what percentage of the domestic market do you have now? >> now, we' proichg half of the entire domestic market. we have nearly 2,000 commercial planes inwold in the.

this marks our anniversary and we incalled the planes. gait quite a meteoric rise for us. we're very excited, and international, it's much more nascent. it's just getted started. in the united states we're able to build the business using air-to-ground and in the rest of the world it's satellite technology. >> how long do you think that will take to evolve, an i know you've basically inked some deals with delta but what kind of penetration internationally would you link to see about a year from now. our discussions were major airlines around the world and what when search year. werging to to make the desection it a couple of years. we're locking at generally the

top 30 airlines right now and in the next several years we'll see decisions from most of those airlines. >> your stock is overweight over at jpmorgan and an equal weight at morgan stanley. one of the issues that the analysts bring up, and you can address that, is that jetblue is going to try to get into this space as well with a service called via sat, and they may be offering that for free. how is that going to impact your business? >> i really don't see our service being offered free. that's kind of a false alternative. as best we understand it, it's relatively expensive service and then freeze the rest of the beef for going bankrupt. we believe in technological improvements in this industry and seen lots of opportunities to improve and biosat talks about those. we'll adopt those and agree with biostat that things get better,

but we don't think it could be free. >> all right. thank you for joining us, mr. small. pleasure to have you with us. >> thank you, sue. >> let's go over to shepperson. gold prices are closing right about now, and the last time i checked we had a little bit of an upside bias in the gold market. how does it look at the close in. >> they little upset-bases. traders are really grappling with a couple of different issues. talking from the hsbc, bouillon demand is develop strong and weak institutional demand allow people trying to figure out when we'll see tapering and bond buying happening, whether that happens in september or not. all of those factors are leading to a lot of give and take here in the gold market and a big reason why we're seeing basically unchanged territory in gold going into the close. >> thank you very much, sharon epperson. >> here at post-nine, the

trading action with bob pisani. >> no. >> didn't have a very good auction, and the market is flat. it's the third down. i know what you're going to say something. >> the hawks and doves on the fed are all aligned and they say we believe tapering will happen sooner rather than later and the market didn't have much decline. ten-year yields have moved down since the auction happened a short while ago, but overall, even before that, yields on the dunn side, a sign the bond market is not particularly concerned about what's going on. some in the bond market won't believe the bond will be tapering. >> sort of a materials. consumer discretionary

financials, not requests major help and when you get jens straight. new highs here and no help at you will. >> bob, thank you very much. appreciate t.uptown to the nasdaq somy modea is following the movers for us. first, worries over the fed taping and stock valuations weighing on the market today. roughly 67% of the stocks on the s&p 500, sue, are trading at a premium to the benchmark. some of those names are listed on the nasdaq, including leftics as well as starbucks. the keeping an eye out son of those interi don't know weaken as investigators beat in prices.

>> if you look at an intraday or two-day i'm not sure that the auction had much response in the marketplace. the big issue is that one of the first big high da-lead closures were 2.8631. this number is signature. if you hook at the s&p cash, very little changed on the auction result. foreign exchange is a little bincht. many are saying the dollar weakness is apparent as we hover around 133. tyler, back to you. >> thank you very much. a few months ago i did a documentary called "funeral business, a life

. >> he was able to open his casket, open up the chute and land safely. >> i definitely know when i was flying. i put handles in the box. thank god i put handles in the box. >> unfortunately, the casket did not survive. this, by the way, is the second time that mr. martin has pulled off a coffin sky dive. sue? >> why, ty? >> i don't know. >> why would you do that? >> i don't know. >> not once, but twice. >> okey-dokey then. let's move on to tesla's shares. they are taking a hit ahead of its latest quarterly report. it comes after the bell. the stock is off 5.5% on the trading session by up over 300%

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coming up on "street signs" which is the show coming up

after this and at the top of the hour, who should be the next fed chair, and to what degree does it even matter, ie, why do we care? also, tesla is still the top performing stock in the nasdaq 100 this year. it's about to come out with its earnings, so will the numbers live up to the stock performancech we'll ask and debate and forget snakes on a plane, we have something for you that is even grosser. all those things and, of course, much more coming up at the top of the hour. meantime, back to you on "power lunch" >> i can't imagine what's worse snakes on a american. >> he will care health plans posting better than expected q2

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so if you're ready to see opportunities and see them through, we say: let's get to work. because now more than ever, the future belongs to those who challenge the present. tonight on cbs go behind closed doors at twitter. how the company began and how it now plays a role in global events. but twitter's darker side is also part of the story tonight, and that includes how twitter became part of the story in connecticut involving a high school sexual assault case. >> matt dorenzo is an editor at "torrington's registered

citizen." >> we started to see the tweets where our jaws dropped, you know. >> dozens of tweets and re-tweets attacking not the accused but the alleged victims referring to them as whores over and over again. >> almost like a campaign. >> yeah, when when the honor roll kids tweet calling a 13-year-old rape victim a whore is on the front page of the now. can't shot you. >> i read all of it and it all docked mow. >> for the school situation it was a social media nightmare. >> in the old days you passed a note to a friend and the difference is you could rip that note up, and now it's there permanently. >> all right. watch carl quintanilla and "the

twitter revolution" tonight at 9:00 p.m. eastern and pacific. ty, over to you in. >> sue, thank you very much. it is the hottest stock on planet, at least one of them, and it's coming out with quarterly results after the bell. josh ripton with a look at the electric car-maker kez la. the stock is down today. the stock has trued noun ain eight of the last report. up 3 pun% last year. last quarter, the first time the electric car-maker posted a profit, analysts do not expect to hear the same. the street now looking for a loss of 17 cents on revenue of 383 million. the focus for investors as they read through the results today. one, is the kwp sill on track this year. what, if any, production ramp una scheduled on this.

>> analysts say thing the next key debate should be the gross marvin development. management said they expected to reach a 20% growth char gin nut fourth quarter. >> little bryn in tim hall, are were quite step lar of pez. >> i was a big skeptic when i drove the car out. i drove it out and it blew me out. it's a real bleedy edge technology car, and like i said, i was a huge skeptic before. >> that's tesla. can that then be transferred to the electric car try, this wise to be a one-company industry with tesla on the read because oum of them have not done well as well. >> the bigger success tesla is,

bmw 3 doing the dedicated electric. if they continue to be more successful, they will have a lot of competition and some of that will develop technology, probability says good or better than their own, so they have an opportunity now to build and to help define electrictic vehicles, but the competition is make it much breather. >> son thennio like a tesla rather than up grade in the company. >> you have new vehicle investment which is extremely expensive. there's a story when you're the start-up company it's the second car that kills you. >> on that note, jim hall. appreciate it very much.

ty? >> the second car that kills you. arnold schwarzenegger calling for the tous get behind clean energy. something trending right now or not? >> more for gordon. 15 through 11. noble energy and cameron international, broadcom and ensco and ryder position. fp ten. higher on at 130 per share. more on that coming up. are of vy all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price --

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we have got an all california power rundown. jane wells and julia boorstin both out in l.a. first topic. in today's "financial times" arnold schwarzenegger, you guys know a little bit about him, talking about polar bears because america is being left behind by overseas energy innovators. weigh in on this. jane, you get the first whack. >> well, you know, calling the u.s. the toit taft world may not play so well as home but i understand what he's trying to say since we have to think about alternative energy about more than climate change. he was governing here for eight

years, the eight worst years in california history, and a lot of it wasn't his fault, but i think a lot of people if it comes back to him weighing in on public policy, they don't want him back. >> julia, what do you think? >> i think that jane is right. a lot of people don't want to hear from the governator on this topic but he does make good points. basically saying you shouldn't be talking about climate change in terms of the big picture ideas, polar ice caps, things that people can't relate to. make it about economic insufficiency and better to be ahead of toit that. a lunch of treppic trappings. how worried, julia, is facebook?

>> twitter is jumping on the twitter band wagon. it's all the public conversation. facebook, more about private conversation. so with trending topics, it's sort of trying to harness the power of the public conversation that's happening on facebook to try to drive more public conversation, so i think i really want to get with the twitter program. >> jane, did you hear that we have a special on twitter tonight? >> yeah, i heard about it. "twitter revolution," carl quintanilla, don't miss it. quit changing everything for five minutes. give it a rest for six months before you change up the front page. >> i'm kind of with you on that. i think that most companies redesign their websites way too often and they usually make them who is. actor and social media investor ashton kutcher jumping into the brawl between george clooney and george loeb. here's what he told embroema

yesterd yesterday on the "closing bell." >> there's a little bit of naivety on both sides. one that you can walk into an artitivityic business and understand how that works and how the process works, a little bit of naivety on that side. developing opinion in the entertainment business for a long time, some of these companies are extremely bloated. >> well, whatever he says, he says it handsomely, jane. >> yes, he does. can you play it again instead of listening to me. dan loeb in "variety" saying everything is fine. i like sony's new transparency since i complained. george clooney and i have common ground. so perhaps the kushmeister's words had an impact. >> two good looking guys there, rooigtd and -- >> i love this guy, any opportunity to put a billionaire

activist defender is fantastic and i think ashton kutcher made some great points. the two of them, loeb and clooney are coming at this battle from very different perspectives and i think we'll see what happens and now loeb is coming around to clooney's angle. >> clooney plays loeb in the movies. that's my best, guys. appreciate t.goldman sachs' top ten cheapest stocks, the very cheapest coming up next. [ male announcer ] come to the golden opportunity sales event and experience the connectivity of the available lexus enform,

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you know, all hour long we have been telling you about goldman sachs' 40 cheapest stocks. it all comes from a note released by goldman's chief u.s. equity strategist david costin. number ten. southwestern energy and then expedia and devon energy and then halliburton and simon property. number five moving on here, said letterman, number 5, american to you, cell phone and so forth. salesforce.com. you don't capitalize salesforce.com. venties, autodesk and marathon petroleum. upside the target there, 63.6%, so i am struck by how many of these cheapest stocks were energy-drilling oil companies. >> first solar really struck me

as well, ty, because it's on the chief of staffest stocks list. if you buy it today, it's certainly cheaper than when goldman put it on that list. having a really tough session, down about 13%. >> sue, thanks very much. hurry home here. >> i sure will. >> that does it for this edition of "power lunch." >> i'll seal you shortly, ty. "street signs" begins right now. have a great afternoon, everybody. we do begin right now, sue and tyler, thank you. we're counting down earnings for what some are saying is the next apple. why tesla is so much more than a car company to so many. the great fed debate. no, not about the names, about whether the fed matters that much at all anymore. plus, we're going to show you what may just be the next greatest industry in america over the next ten years and jane wells will show you just how hard it is to pie america >> we a