live. ♪ welcome to "squawk alley" for a tuesday. jon fortt onset, along with kayla tausche. we'll be joined by kevin o'leary in a couple minute. lot going on in the world of tech. 2049 s&p is exactly 200 points for year. we began the year about 200 points below these levels. we've been looking at flattish action for the last five days. s&p moved .1 for five straight sessions. lots argue that means we're going to bust one way or the other. the question is whether up or down. >> up nine sessions out of the last ten. so even if it is range bound it

is moving in the right direction for the bulls at this level. 2049, quite an incredible run for that index. home builder sentiment one of the reasons. >> yeah look who joins us. mr. wonderful. good to have you kevin. >> great to be here. >> always good to have you onset. buzz feed, emil michael suggests that uber should consider hiring a the team of researches to dig up its critics in the media. these comments come as uber is trying to make a concerted effort with the media. that was the whole point of them doing this din ner new york city. >> and i know sarah lacy. but we've been on air at various times together. she can be tough.

so i can understand why some executives would be frustrated. but this beyond the pale. uber was already in trouble for business tactics versus lyft and accusations how they have maybe done unethical things. and and i some others are willing to give them latitude saying well business is different. blah blah blasmt but now we see kind of at least what this one executive is thinking about in his not just unguarded but even willing to talk about among colleagues type thoughts. and this is beyond the pale. i think it's crucial to see what he does in the next few hours or days about this. because it could be very bad for uber going forward. >> is this naive come comes teams? >> i know how this went down. they have a fantastic wine list. he had a couple of glasses of wine. the conversation got loose as it can do. can't let your guard down when

you are with the press unless you claim and said off the record and they agree that is the case. now i think in terms of the outcome, does this change the outcome for uber in the long run? no. it gives you tonality of aggressive this guy. is which i actually like. the thing i would do immediately if i were in his shoes is apologize. come out and say i was wrong. i am aggressive. i want my company so succeed. and maybe this is the wrong thing to said and i said it. but let's move on. i use this product every day. and i'm not going stop using it because he had a couple of glasses of wine at the waiverly inn. >> when you are trying to make good with journalists the exact moment you don't want to have that 47% comment in ail lugs to the mitt romney's campaign. that's at dinner can

journalists. know your audienceaudience. we talk how this company's m.o. is invinceability but that can only go so far. >> i think what you are now doing if you are him is dealing with your board. you made a mistake, there is no question about it. and at the end of the day if you can't deal with it. and make peace, it could cost your job. but i don't think it is that egregio egregious. you can sense the frustration in that comment. being attacked by the press all the time. that in addition to a really good burgundy is going to get you in trouble. >> uber is at the scale point where they need trust. need to trust of drivers and need the trust of customers. people are starting to do things like have uber riders pick up kids from school and i want to know the company is using integrity. >> are you going stap using uber

after this? >> maybe. >> oh come on. >> i know sarah lacy. if this company is willing to threaten her based on stories she's written, is this a company i want to trust with driving my wife or my kids around? i'm not sure. >> you're a cruel man. >> the company has so many data. your credit card numbers, your points of travel. home address. ostensibly there is a lot of information at their fingertips. >> it was raining last night in new york. i used it twice. am i supposed to stand in the rain because oaf a comment to a journalist? i don't think so. he's made a mistake. he's going to pay well he's paying right now. >> he's paying as we speak. >> he has to come without with a public apology. he made a mistake. no question. has to apologize and pull up his sox and drive on but and maybe be a little humbled. but i don't want to see him

losing customers like you jonnich that is bad. >> a interview with former blackberry ceo. heel talk about life after brak prismt and snap chat partnering with the square. unveiling a new service called snap cash. letting users over 18 connect a credit card to spend money free of charge. he was inspired by the idea after square ceo sends him cash via e-mail through a square platform. take a look at this.

>> so they dropped some coin on that. kayla, a new wrinkle in the evolution of mobile payments? >> i'm not sure. from the standpoint of square it seems like they are trying to throw anything at the wall and see what sticks. physical gift cards. just rolled out a chep ridchip reader. for snap chat i think it goes to show you how fast and loose some of the millennial are the playing with their money. this might be a product that gains traction but it is just because some of the younger generations are becoming so used to having their money compromised that it is not novel anymore. >> as long as it is a small amount you are putting at risk. transferring 5 or $10 against credit cards you put a limit on. i ask myself. is this not a pure commodity? >> payment services and systems are going to be on everybody's platform. i think it is going to be hard

to make money with this. does this change the outcome or the value of this company? not now. payment services and transact n transactions the margin is going to get crushed. >> it is already a low marmg p business. >> it's going to get worse. i see one of the majors coming in and buying your loyalty. in other words, going to the negative just to get you on board. and if that happens these guys aren't going to want to be in this business. >> you invest in all sorts of start-ups. but if we were starting a new retail shop right now what platform would you advice us to take? >> i'd take you out behind the barn and shoot you now. why bother? it is almost impossible to compete. what i think is going to happen in this space and i'm waiting for it to breakthrough. someone is going to offer me a loyalty where they actually pay me points and i accumulate asset value on the platform by staying on and using. and that is a negative return. that is a negative return on the processing. because you are talking about

fractional, marginal tiny slivers of maybe three or four bypass of value and i have to give six or ten back just to keep you on board. >> very competitive. although some find a way to make it work. finally samsung will cut the number of smart phone models it will produce next year. samsung didn't disclose the exact number of models effected but said it would cut by about 25 to 30 percent. executives vowed to make its operations more cost efficient. we know they need to do this, jon. >> yeah. and some people thought i was going too far when i said that samsung could be in a blackberry-like spiral in terms of getting attacked at the bottom by some low cost chinese competitors and at the top by apple. they have got to keep themselves from being another sony with different model bloat cutting

down 25 to 30% might not be enough. they have a size for everybody. they got to get really efficient. particularly the low end. but that is not go going to solve the problem. softwa software. >> how do you think this comes to pass? see them producing and developing fewer models? retiring models already in existence? how do they pair down the portfolio from here. >> i think right now they have a number of different models in various sizes. we don't even see all the sizes in the u.s. day customize for carriers in different geographies. they can cut down on those and half half a does or or a dozen instead of what they have now. but they have to be careful because based on the processes and level of memory, they have to do certain things to reach demographics. >> it's become a total commodity now. and here is the risk. because i'm long apple obviously. if it's true that the cell phone a toaster the operating system

is ubiquitous and free. great for google but anybody can take the operating system and throw it on to an expensive platform. does that change about the value of the apple eco system. they too are competing in a commoditized system. and we're full waiting in this. i'm not liking what i'm seeing here because i've seen this movie before. at motorolla, nokia. what happens on apple. so much comes from the iphone platform. does it stay unique at a high margin or as prices collapse does apple have to respond to lower price points globally. i'm getting nervous. >> has it happened yet? >> but i got to be ahead of the curve here. i can't be selling my apple stock down 25%. so what do you think jon? >> i think apple is managing to stay out of the commoditized

market. they are charging for for the 6 plus and they have apple pay in there. >> all right. if you are wrong in two quarters i'm killing you. >> he will to. >> let's get a check on the markets right now because the dow is just about 5 points away from session highs. about 15 from its all time interday high. right now up about 42 points largely on the back of upbeat sentiment on behalf of home builders. nasdaq 14 and a half year high and s&p is close to its interday high as well. shares of urban outfitters down big after quarterly profits missed estimates. the company saying urban brand was disappointing but others did post strong results. that stock down 9.25%. gopro rallying after announcing it would sell 10.4 million shares in a secondary offering. you can see that stock is up about 4%.

but carl, in a filing they say that the prices of the shares offered, ruffle 78 dollars a share. >> what does life look like after blackberry? thorsten heins will tell us. and advertisers should abandoned facebook because it is biased against them. according to a new report. and the man sbhienbehind it is us. and new show being dubbed "the shark tank" for legal marijuana. "squawk alley" back in a minute.

power mack technologies announcing thorsen heins will be joining as its new ceo. what's next for power mat and the wireless recharging space? thorsten heins joins us. is this harder or easier than taking over blackberry? >> i think it will be a challenge in itself but as the gross challenge. to build something new torques create something new global. so it is different and i like that. so from that perspective i think it is, you know, when i starts at blackberry it was very much the situation. i had to restructure a lot. this is more about growing, scaling something up to global

leadership and technology position. >> what do you think of what john chen is doing over there in terms of deemphasizing hand sets, what you tried to emphasize, and folksing on enterprise software. >> when we started under my tenure we were trying to separate the hand seth from the enterprise business. at that time service fees were still associated with the hand set. we needed new platform in place to separate them to allow two different paths. and from what i can tell from a distance i think john is executing against that strategy. and i wish him all the best in order to complete that turn rarnd. >>duracell the company. or whether with technologies like power math it is an ip or a technology company. how do you view it at this point? >> i look at this as a journey. so we will be starting basically with the ip with a technology

just trending the market hard with all these charging spots. then you will connect these to a network. and then you will have to put services on top of the network. so it is an evolution over the years where you basically climb up the ladder with various business models. >> how would you characterize the technology right now? where are we? for those who aren't familiar with it to a large degree. >> i was walking through the airport this morning getting here. and you know you watch the people. and they are all looking for power outlets charging their devices. even early in the morning. >> or they carry a brick. i carry little brick. >> and then you have to take care of the brick being charged. so it is not really comfortable. what we want is people have access to charging wherever they are. and taking this worry away from

them. >> i'm dieing to have that reality occur. when will there be standardization so that whatever brand i have i throw it on and it charges. that's what i want. everything else sucks. >> perfect point. that is what we're working against. and i think what power mat has achieved so far. >> when it will ready? >> we're working on multimode capabilities within power mat. i'll work hard and as fast as i can to cope with your wish. >> during my lifetime? >> oh absolutely. >> when you talk about layering services. we see the power mat in starbuck's. but will this eventually be a technology that charges cars? how big can it get given what you know about the technology right now? >> i think it's really a different customer segments you look into. take starbuck's. what can we do if we have these charging networks not just in

the bay area. question -- you can run loyalty programs. couponing on top. so there is venues and then there is the consumer. this is the two layers we want to look into. >> thorsten, so many people put cases on their phones and it seems like at least in the near term you have to be able to charge through a case to be able to take advantage of this wireless charging. do you need to give away cases for free? how do you get enough cases in the hands of people to use the technology. >> we look at the cases really as an intermediate step. your point is well taken. it has to be integrated in the hand set. has to be no hassle. put it on and it charges. for that point it is absolutely important we make this charging experience ubiquitous and really cross platform again. independent of technology. >> on blackberry we were talking about the kind of pressure

cooker you were in back in the day. lessons from that? what would you tell managers who never had to live through anything close to that? the exposure, the people on the the street. it was a big mainstream story. >> it is a very extreme situation, to be very frank. and it is exhausting. it really takes a lot of energy. my mind was 120% on blackberry, even my family had to suffer from that. you can do this for a while. but you have to find a way out of it to find a balance again. we all need this balance. have a good team around you. i had an excellent team that was working with me. i could share the burden with the team. with great managers. that helps a lot. and then as we all have it. you have support from partners, family, that carry you through that difficult phase. but it was probably the highest temperature pressure cooker i've been in in my career. >> i know. you look like you gained five

years since i saw you last. you're relaxed. it's good for you. >> wonderful. thank you. >> good stuff. >> up next, an old line tech giant restructuring. as it looks to keep up with a rapidly changing market. more in just a moment. plus shares of apple getting to be deja vu. in the green again about a third of a perfe percent. we'll explain later on. u.s. is becoming a new kind of company. ing u.s. is now voya. changing the way you think of retirement. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach.

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in case you missed it, intel could be the latest old tech giant to look at restructuring in an e-mail obtained by the ceo reportedly announcing the company would combine pc and mobile into one. this comes on the heels of a billion dollar operating loss occurring at intel's mobile and communications group posted in the third quarter. and jon, the idea that you would combine two groups, one of which

is very profitable, the other which has tons of subsidies which make it less profitable, do you think that is masking losses? >> it certainly is doing that. i don't know ifs the just doi s doing that. in terms of tablets and smart phone chips intel is losing a lot on that. and when they combine these, financial reporting-wise, it might be harder. could that buy intel some time? maybe. but bottom line is, you still want to see major oems making a major investment and commitment to intel chips. we haven't seen that yet. >> stock up 1.35% today. the fact they are looking at old lined businesses, combining them. is this a positive move? >> i look at this as intel throwing in the towel on mobile. that simple. and being the best it can be at what it is.

it is self actualization. they have a big business in servers and pcs. they have been trying for eleven years to be a player in mobile. and never made it. but doing this i can't read t mobile numbers anymore. to me that's saying stop looking. >> so the market share is not worth with what it's losing on margin is what you're saying. >> at the end of the day this is an old line behemoth dinosaur that owns one giant vertical. increase your cash for me. >> two six is a nice yield. >> give me more, carl. you become a utility to me in tech. and i love you because you're providing me a return. if you can give me 7 or 8% with stability and low volatility that falls into a basket in which there are many investors like me. but when you lose my money, and i'm a shareholders and you dent

get any market share i have to punish you. >> before you go what is the significance of this book? groove book? >> largest cash exit ever on shark tank today. shutter fly bought groove book for $14.5 million cash. and yes it was my deal. thank you. >> mini photo albums. >> take 100 images off any phone and send you for $2.99 your life in a book every month. and shutter fly looked at the growth and said we have to own it and they paid for it. >> congrats. >> thank you. >> see you next time. >> great to be here. >> crowd funding campaigns now tackling the problem of the cyber security by letting users create their own private network. look at these two indiegogo projects and which would you fund?

moolt pass, stores and encrypts information offline. users are given a smart card to unlock pass wards and when finished surfing all log in information is relaced. the campaign's cold just under $110,000. so far it's raised nearly 6,000. wedge creates personal clouds networks. the device acts as the data center by storing files on its hard drive. users access information by connecting via wifi, provide tag secure way to retrieve files. the goal is $111,000. currently over 175,000 in funding. who should be this week's tech crowd leader. vote. now pretty nice close for germany here. >> yeah. and in fact for the rest of

europe as well. europe has massively underperformed this country during the course of the year. today they are making up a little. we have the investor survey from germanys going from negative to positive territory. also decent car registration figures. but the big news is the follow through from yesterday, of course when we rallied after draghi suggest before the parliament that buying government bonds suffering qe was a further possibility. and one of the germans admitting it might be on the way. stark used to be on the board of the european central bank. he told cnbc in london it is my view that sovereign debt purchases are very likely in the near future. my expectation is maybe in the spring of next year or at least in the first half of 2015. if stark is saying that, maybe it will come through. bit of a mystery as to yoo y the

greek stock market is doing so well today. a lot of the stocks are substantially higher. we know we've got an ongoing discussion between the government and the rest tricyarw they can win. i've saerj long time as to why they are higher. but they are. one more bount -- it. s up over 8%. a series of profit warnings. today they came through and presented some figures. that was the yield on the greek ten year. i'm sorry. today they came flu athrough an presented figures that didn't have any nasties in them. >> simon hobbs. when come back, ad revenue is a major part of facebook. today one major research company telling advertisers to abandon

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welcome back. a new report from research form forester claiming brands might be wasting cash advertising on facebook. only a small portion reach target audiences and companies may actually be better off incorporating social features into their own sate sites. joining us is nate eliot. walk us through your rational in this report where you say companies shouldn't be spending their money on facebook or on their platform necessarily. >> that is not exactly what the report says but it's important to understand there are two ways brands can use facebook. first the notion you post something on your facebook page and hope your fans see it. the second is paid advertising t kind you can buy anywhere. and the first option, the organic marketing option just

doesn't deliver that much value. >> here is our page, like it is that what you mean? >> exactly. the things you post get seen by fans. be but now facebook is intentionally not distributing those messages to 98% of your fans and sounds like even fewer in the future. >> that's a good thing because now you are paying to reach the audience and the status i showed showed advertisers are getting a decent return. >> some advertisers are can find success. part of the problem is too many people are paying and not finding the return. so facebook has some improvement to do there. the bigger problem is a healthier platform for market iris going to offer paid objections and organic objectpt. >> some would say facebook has only been an advertising platform for a handful of years at this point.

they are still learning what works and what doesn't work. what would you say to that? >> a lot of folks would like to excuse facebook and call them the new kids on the block. they are almost 11 years and selling ads for about 8. this is not something they are new at. they are collecting a lot of money. $8.6 billion in revenue this year. and they know what they are doing and they should be doing it better. >> do you see anyone catching up in terms of a margin standpoint? or cpm. >> the cpms aren't very good right now. compared to what they are playing in lots of other sites. at the end of the day if you are trying to make money off facebook it almost doesn't matter how high or low cpm resume. they generate trillions of display ads and you can sell those for any price and still make billions. >> you used to work with double click. where do you think advertisers

can get the most bang for the buck. >> the niche or smaller service networks do a good job. facebook owned instagram does a great job. we also think brands should spend more time and effort bringing social programs into their own websites. turns out users are more likely to come to your website than to stay in touch on facebook. so double down on their own sites. >> thank you. >> thanks very much. >> i can't tell if it's bearish or bullish for the stock. >> we are get tag statement on uber. we have not, do not and will not investigate journalists. those remarks have no basis in the reality of our approach. as that story continues to make waves throughout the tech circles today. when we come back, shares of apple once again in the green.

upping the price and all thanks to selfies. but first rick santelli. >> we're going to look postmortem on ppi today. looking back at the unemployment rate. and in the context of those two data points we're going to talk about zero interest rate policy. known as zerp all after the break.

closing in on black friday. and who he thinks wins big this holiday season. the $114 question. apple and alibaba. >> they cost the same but which do the traders think is a better buy? and toyota is revving up for its first fuel cell car. all straight ahead. >> melissa, thanks. blame it in part on the selfie craze. apple estimates in price target raise this morning on consumers needing more memory. walt, good to see you again. >> good morning. >> selfie is not the lead of your report but it is in there. and you are talking essentially people are going to need -- they are going to take more video, gonna have more data. gonna need more memory. >> i hate to throw cold water on the head line with the sell fis.

and the cameras are getting better. so a selfie today is three times the size of a selfie with the iphone 4. however the bigger issue is video. if you take one selfie it is less than 1 megabyte. a 30 second video is like 300. so the real memory hog is video. and consider this. in the iphone 4, the entry level memory was 16 gig. that still exists today. and i think a lot of people experienced this when they were upgrading to ios 8. you had to complete applications or the videos or pictures before you could upgrade because of the lack of memory there. so this is an issue. and i think apple wants to get you the buy the mid range or higher capacity because it is very profitable for them. you spend $100 buying a the 65 gig versus the 16 gig, it only costs them 25 dollars.

so a incremental margin of 75%. >> i get that. and it's good for margins. but given apple has increased infantry from four to six weeks to five to seven the comps are going to get difficult at some point. when does that happen and are you antsy about what happens to the stock when that occurs. >> i'm antsy about every stock i cover every day, especially in tech. and the march quarter they got the --. the demand for these products that we're hearing from the wireless operators that we also cover still remain strong. apple stores from new york city to greenwich to the middle of the country there are still people lining up to buy the iphone 6 and 6 plus. so a strong demand cycle. and that can spill over to the into the march quarter. and you are talking about that fiscal year where the company is growing earnings by 20%. >> a few schools of thought.

one hand people want more videos and photos is bullish for apps like snap chat that don't actually save them to your phone because they don't actually take up memory. a lot of stuff your kids do is cute enough to share but not cute enough to save. do you think those two ideas are mutually exclusive. >> i think people are going to take video more so now than before. go to settings and change to it 60 frames per setting. i have no idea why apple doesn't set it like that from the get go. but the video quality is so much better people are going to start to shoot more video. apps are going to be driving memory. when i was looking at the my ipad. twitter was taking up 1.5 gigabytes. there's no cache that you can clear on twitter. instagram and snap chat are obviously compressing videos but al the apps and the videos are

increasing memory and i think people notice this. in the first week only 28% of iphone or ios users upgraded to ios 8 in the versus 50 in the prior upgrade. probably having to do with memory. >> your target is close a $1 trillion market. although if we have another market like last month it is going to get there in in time. >> the growth and risk associated with these earnings estimates were at 7.70 for 2015. we haven't even looked at 2016. people have forgotten that the management has talked about this great list of products supposed to excite people. all we've heard about is approximate watch. and that doesn't look like it is going to occur. so there could be other methods to use. and we haven't heard about it yet. >> walt, good stuff.

>> see you soon. >> let's get over to the cme group and get the santelli exchange. >> good morning carl. we've had lot of data points over the years. and couple things to point to right off the get go. we've had zero interest rate policy in place. the target fed funds rate .25 since mid december 2008. in mid december 2008 the unemployment rate was 7.3. it reached its high water mark at 10% in october 2009. fast forward to today. let's look at some data. this is ppi year over year core. came out today. 1.8. october, here is january. here are the numbers. started 1.3 and worked up. it's been covering in the zone really since april of kind of, you know, just a bit under 2%. here is the corresponding

unemployment rates for the same period. started at 6.6. now 5.8. and as i pointed out we started at 7.3. and high water mark of 10%. let's imagine now that we had an alien from outer space come and look at this data. granted i see lots of issues regarding all of this. with regard to labor force participation. we're going to throw all that aside and look at the data where it is. and understanding that it is zero interest rate policy. we're at a target rate of 25 base points. that is not the effective rate. think about when you get in your car and the speed limit is 35 miles per hour. yes you can get a ticket for going too slow. the federal -- the fomc committee wanting to be high highly accommodative. but that can be a wide range

from where we're at, 1.5-2% on inflation. and anywhere in there is very accommodative. so the key is that this is probably too low. we need to move it higher but it seem as that assures outcomes. many people think 2015 is a question mark. looking at the data, the question mark i get is why would they raise rates already? back to you. >> thanks rick. line by line today. and theme dubbed had shark tank for legal marijuana. the appropriately named marijuana know. that's up next. hey matt, what's up?

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those are pitches from the new marijuana based reality show, "the marijuana show." and entrepreneurs with competing

to back their marijuana start-ups. show creators are here. good to see you both this morning. >> hi. >> you are both entrepreneurs in your own right. why did you decide to launch a show that showcased marijuana entrepreneurs? wendy. >> it's time. if you think about it. the -- post said the greatest opportunity in 25 years since the smart phone is cannabis. we agree. all major players are starting to look and it was time for us to do a show. >> how long did this take to get from idea to reality? and how many of these episodes have you filmed? >> basically it took us two -- ab a month to get from idea to reality. we have 20 episodes in season one. we have six in the can and 14 more to edit. >> do you find that entrepreneurs are coming to you because they can't go to the banks?

>> yeah. look. you can't go to the banks. think about it. even when people have to pay taxes in the dispensaries. they are bringing truck loweloa cash to the irs. and has to changed. >> do you think that day is coming? because we haven't gotten a sense that banks are going to open up loan books in any substantial way. >> i did read there is a few opening up. but we have our wonderful software systems that help regulate seed to bank transactions to help make banks feel safer. >> yeah that is coming. >> give us a the spoiler. what type of projects will we see succeed? where are you placing your bets in the show. >> well you are going to see, without telling you which company it is. one company got offered $5 million. and another investor offered them $5 million. that's a total of -- i can't

even count that. $10 million. >> that's quite a bit of money, especially for a small business. karen, i'm wondering what other types of support and infrastructure some of these businesses need in addition to just money. carl mentioned had banking side of things and figuring how to store their finances and interact with governments. how what sort of the help can you provide in in addition to funding. >> mentoring and advertising in sales world. take them to bud camp for three days where they work with mentors who are social media experts. experts with branding and marketing. we have lawyers give them advice. even on, you know, what to do with the eer erirs. how to report. everything is prepared so they have a blueprint for success. >> wendy, karen, certainly a fascinating reviews. rave reviews from marijuana.com. so already some budding fans out there. >> thank you for having us. when we come back, ibm

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e-mail. the service, ibm verse will follow users behavior and use that information to help draft e-mail responses for future conversations. verse can also help transfer content to blogs and other social media. google launched a similar program called inbox. they say unlike google they are not going to use user content. >> facebook stock is down today. it is unclear if this is the reason why. but a day after facebook looking into the facebook at work and trying to build its own platform. >> apple, the story about increasing margins. initiates sandisk with a target of 123 with a buy. and that going to be instantly one of top gainers. the memory play again.

>> 48 new s&p highs today. cisco, red hat and yahoo trading at levels it hasn't seen since 2000. and the s&p at 2050 is well above what i think people thought we would have. that's it for us here on "squawk alley." melissa lee is in for the judge today on the half. welcome to the halftime report. steve weiss, josh brown, mike murphy, pete najarian, let's get to today's game plan. alibaba versus apple. two stocks, one price. which is it a better bet at 114? and the key question, the big vote hits the senate this afternoon. and the ahead of it the trades on crude and energy. first for a stop story. and that is retail earnings