[closing bell ringing] experimental ebola drug. hasn't been proven to work 100%, but the fda as you said after close of trading said you could use it again at least to test it. david: if you bought when we told you to, first thing this morning you would have made a bundle. just about everybody invested in this market made a bundle today. look at dow jones industrial average whatever it is. all indices are up. only one that didn't break one full percentage point is nasdaq. that is doing well also. we have a lot of news to cover, including news from overseas. of the "after the bell" starts right now.

david: weil get right to today's action. cathy wood, arc investment ceo is here with three stock picks she calls disruptors of their industries. anthony valari, lpl financial fixed income strategist. he will talk about the interest rates which continue to dive where does it fall? he has an idea. bill baruch in the pits of cme. i want to start with you. market dispointed president obama doing anything more in iraq or anything more than he already done, am i right? >> main thing is not iraq as much as russia pulling back. look at the dax. the german dax is down 10%. you're seeing markets come off the lows because russia is pulling back. you're not getting excitedness. this is more of a short cover. people are not necessarily

believe quite yet but they're starting to die gets fact that russia is pulling back. dierdre: cathy, next question to you, where do we go from here? >> i think we're going higher. if you told me at the beginning of this year how much we would throw at this market, crimea, iraq, gaza, argue gentine's bond default, argentina's bond default, i would have thought the market was done a lot more than it is now. on many measures it is not down at old. i'm quite optimist i can, we're quite optimistic. david: mark this comeback, 200 points on the dow, end of this mini correction we've been seeing? >> frankly, i don't think so. i think today was counter trend rally off deeply oversold conditions in the marketplace after several weeks of pounding in the equity markets and as a consequence i do like the other guest mentioned believe it was a bit of short-covering, a bit of a relief rally if you will because the russian-ukraine tensions perhaps receding for

the moment. i still think we have opportunity to get lower, not deeply lower, a little bit lower from here before we ultimately resumed the rally in equities which i think will end up on much higher note we saw earlier in the year in terms of all-time highs. dierdre: if that is the trend you're looking for, cathy, i'm curious, you have three picks you say areries are up tiff, whether the general markets go up or down. give us best of the three. >> stratasys reported yesterday, 3d printing. i think a lot of people think 3d printing somewhat gimmicky or a fad. it is not. it helps to cut lead times by 40 to 90% and, it cuts parts costs by 70 to 90%. so it is accelerating in growth. their organic growth accelerated from 33% to 35% and their seeing a lot of interest from colleges. a lot of young people are very interested. that is what we like to see because young people are very

creative. we think it has legs. in fact the industry, the trade association has just doubled its estimate to 21 billion where this industry is going to go by 2020. it es only 3 billion-dollar industry now. david: anthony, i don't mean to get our audience down, we have to talk about interest rates going down again. the 10-year is down to the 2.3 level. you think they may go down even further. how much further could interest rates go down? >> i think we'll go down a little bit further. the momentum is behind the treasury market. we broke below 2:45 on the 10-year. we got through that level, which we tried to get through several times it opens door to further gains. i think it is short-lived. i think we have geopolitical uncertainty chop in the equity market. i think that helps support treasurys short term. longer term by end of the year i see higher prices or higher yields, rather. data is generally good and we'll ultimately get closer to the fed

rate hike. holding near term, maybe a little lower. but that ultimately will change. dierdre: anthony, picking up what dave just asked you, are we seeing a bubble form in the bond market? >> no, i don't think you really have a bubble in treasurys per se. different type of instrument. it is very expensive market, make no doubt about it. it is expensive across the bond market. a little bit of cheapening in high yield. it is expensive for number of reasons. i think that grad allly comes out the market next couple months. david: bill, what are futures telling us about interest rates? >> futures are showing stability in the equity market. as i said earlier this was a little more short-covering. interest rates, they are tick -- taking a hit this week as they consolidate lower. i think they got a little ahead of themselves as the market started to correct. right now the buyer stepping into the equity market are shorts covering last night. you have to think index futures, people who sold those were hedging portfolios and bought the cover. you got those investors that say

if i see that 5% correction, long-term i'm jumping back in. those people are dying ba -- buying today too. dierdre: bill, we hear all activity, screaming and shouting friday afternoon. just how busy, how volatile has it been there this week? we've been following these huge headlines? >> volatility has been enormous. it really, like last night's move down to 1890 you started having bears press the market. hedgers came in, hedge portfolios. you're starting to see cover this morning. once 100 day moving average was retested intraday at 1904, it held. buyers were table to step in. the market was grinding around. 1717, was our year-end target. when the market got above there, shorts ran and buying started in the market. volatility is enormous. short-term swings have been freight to play. david: mark, i wouldn't say you're a bear. you're still generally bullish on the situation, but sort of the bearish one.

most bear person here. if you believe in fact the economy not as strong as lot of people think, why would you be for halliburton which is one of your picks? >> i think energy renaissance has a tremendous runway here in the united states. obviously we're finding and uncovering oil fields that had been left, to dip lal lap date because of new technologies. -- dilapidate. that is not going away anytime soon. david: let me push back f the economy is not growing as strong as it should be perhaps we don't need as much energy, perhaps there will be less demand for it? >> there in lies the rub. the global energy demand is the key. non-oecd countries, namely emerging market companies have insatiable appetite. they account for 55% of the oil demand and growing and didn't decline during the 2008 and 2009 crisis. so as a consequence the opportunity to export energy to foreign markets is really

ultimately the key and i think the marginal driver for the need to bring more supply online we're finding here in the united states. as a consequence we think oil prices remain elevated that. it will be profitable for the energy patch. dierdre: mark as dave just mentioned, you like halliburton. is there anything else in the energy space whether it is a subsector or another stock pick you think it worth our viewers time and attention? >> well, certainly conocophillips is another name we own in that space. it is a company primarily, north american presence. benefiting from exploration and production activities here in the u.s., but what's different from that of halliburton, while it is an energy company, it pays handsome dividend yield, well over 3%. as consequence nice income provider for those looking for surrogate to traditional income sources like fixed income or bond which obviously have marginal yields at this juncture. david: anthony, there is more interested in bonds now. a lost high-yield bond, people are running away from, saying

there is too much fear there of what might happen if the collapse of some of companies underneath them. is that fear well-positioned, or is it overdone? >> oh, i think it is overdone. i think it is misplaced. i think credit quality fundamentals in general are still very healthy. we have a low default rate will likely not change much. earnings up 8 to 9% year-over-year. i think credit quality is very good. keep in mind, flows of funds, etfs, 25% of the high yield market. i think concentration on that part of the market has been overdone. you've seen some stability despite volatility in the market this is week. i still think it is an opportunity, one of the few pockets in fixed income to focus dollars. david: good stuff. anthony, mark luschini, cathy wood, thank you very much. bill baruch we'll check back in a few minutes when the s&p futures close. dierdre: when we come back, he could be called the man with the crystal ball.

he predicted last year's zap close within two points. david: wow. dierdre: he predicted start of current bull market. you will not believe what he is saying but you will want to hear about it. david: grab a pencil and piece of paper. u.s. orders two more airstrikes. more airstrikes to top isis, could that be in the cords? we'll have a former ambassador about that. dierdre: rapper versus rapper. the fight to dominate the headphone market a.m.ing up. dr. j making a deal with apple, $3 billion. you heard about that. 50-cent is fighting back. he will have a person to tell us all about the plans straight ahead. >> we want to hear from you. is the market right to shrug off worries what is happening this iraq which what appears is to be happening? tweet us @fbnatb. your answers coming up. ♪ [ male announcer ] once, there was a man

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dierdre: nvidia shares are soaring. in fact it is a top performer in the zap. we're going to get you back to adam shapiro. what do you think? david: what is going on, adam? >> they make chips that go into cuters and mobile devices,

transportation devices and cars that provide mobile graphics. they had a big beat with their earnings report. we saw revenue of 1.1 billion but it was their earnings per share, coming in what, 30 cents when the street was expecting 19 cents. part of this has to do outperformance on integra chip. this chip goes into audi, volkswagen, tesla and bmw navigation systems. revenue from the chip alone jumped 200%. if either one of you driving stylish cars you have a stylish chip to get you through navigation. dierdre: adam thank you very much. have a good weekend. david: bill baruch in the cme in the midwest of the united states. bill. >> market closed five points from the highs. we're closing 2% off the lows. volatility is extreme and we'll find out this weekend, do we believe russia backing down from the border? if so the market can hold the

gains. really we need to close out above 1938 in order to hold the rally and break out of consolidation zone the if they don't back down and this is ploy, the market could be 30, 40 points lower. it is a risk.l be important to watch. david: what a week it has been. no rest for the weary. bill, thank you vich. dierdre: next stop, attention all bears because our next guest has the complete opposite point of view. he is a bull and he may change your outlook on the market. he has a really impressive track record. david: it is incredible. s&p target for 2013 was only two points off where the index actually -- he said 1850. we closed at 1848 in 2011. he also correctly called the start of the bull market. hit the nail on the head, about the markets hitting all-time highs. so what is he saying now? craig johnson piper jaffray senior technical analyst and he joins us. craig, speak if you can to folks who have been in cash, who are

afraid of losing that cash, because they have been burned before by market crashes. they feel, perhaps that this is another bubble. now, without being smug about what they have missed, they know what they missed, you don't need to rub it in, what do you say to the folks who are still afraid? >> i would say, you need to step back and look at long-term trend of this market. long term continues to be up. make high series of higher highs and higher lows on popular average of the we had huge run in fixed income. that's over. we ultimately need to see the money in fixed income, as rates rise that will start coming over to equities. we need to remind investors we have a third fewer stocks on the market today than we had in 2000. when that money starts coming out of fixed income and going into equities you have a lot of money chasing fewer number of stocks. i think prices will respond and you will continue to see the

secular bull market move higher. this is a structural move. dierdre: even after seeing the s&p 500 up 29% last year, there is a lot of people, maybe even people who weren't in cash, saying it can not keep going. >> well, again, a third fewer stocks. also come back and i think about history. think about when we broke out in 1952, i know that's a long way back in time, but from 1952 to the mid 1960's was a 10 plus year run in the market and you made five times your money n 1982, when we broke out we made 15 times our money. that ran from '82 to 1999. we just last year broke topside of the 2000 and 2007 highs. from our perspective we think this bull market, we define as secular bull market is just getting started. we think this is going to be a bull market that still has a lot more room to run. we think that we still make multiples on our money from

here. david: but look at interest rates. today they went, they ended up actual, but they did go down back to the 2.3 level, or that handle anyway. the fact is, pete, we have a situation that is unique in our history. at least for my lifetime. of a federal reserve that is absolutely sitting on interest rates, spending trillions of dollars in order to do that. that is very unusual and it is not going to last. what happens when it stops? >> well, let's go back to the 1940s. in the 1940s we saw 10-year bond yields similar to where they are now. let me put it into different perspective. david: let me push back, the fed was not doing what it is doing now. they were not buying trillions of dollars worth of bonds back then. >> right. and also the fed is starting to unwind their bond-buying purchases as we have seen over the last several months in a row here. one of the perspective i give you on 10-year bond yields. this is market certainly confusing to a lot of

individuals and everybody's looking at 10-year bond yields. they're saying rates are coming down. what does that say about the health of the economy and economic recovery. i think with rates having come down, its actually masking the actual true recovery we're seeing in the recovery and the reason i think this is happening, i think equalization happening between the g7 countries and ultimately the u.s., meaning that, we still have much higher 10-year bond yields than what you have in a lot of g7 countries by almost 100 basis points. so i think the job of the fed unwinding is actually being helped by the fact that all the g7 country bond yields are going down and that is a more logical choice to buy 10-year bonds in the u.s. especially when the dollar is strengthening. so put that all together, that is helping the fed at this point in time keep rates low, even though their purchases have slowed. >> craig, dave pointed out your record. you were only off on the s&p 500 by two points last year which is

extraordinary. so with such precision where do we end this year? >> well, i got to tell you, even though i missed that projection at the end of the year, hupp belling as that may be i still lost the bet to the trading desk and i had to buy them lunch because i said it would close at 1850 or higher. they held my feet to the fire to keep me honest. i had to pay up on the bet. david: for two points you had to pay off? >> i had to pay off. david: doesn't seem right. all right. >> it is a hard crew. but from here, i still think that we are going to get to our 2,000 price objective sooner than later. i think it can be achieved in the month of august. we would be right on schedule with the prediction we made two years ago. i think by year-end 2100 is achievable. all i will say, when we hit 2,000 i will come back and put more precision where i think it goes from there let me give you a hint. we're bullish. we think this is early stages of second could you roar bull

and -- secular and we think this is bull and we're a buyer. david: craig, you're terrific. appreciate it. thank you very much. >> into war in iraq is back on the front pages after president obama launching limited airstrikes against isis. the last just hours ago. so far three in total. what can we expect next? we'll ask a former ambassador with long experience in the middle east. dierdre: also car buying in the digital age. the online research site, truecar, posted record revenue this quarter. we'll speak with the ceo exclusively. david: cubicle workers everywhere, listen up. we have a list of top companies in the nation to work for. details where your next job could be coming up. next ♪ [ female announcer ] this allergy season,

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dierdre: here is a quick speed read. the day's headlines, five stories, one minute. your credit score to rise with fico's new model. the latest version will weight medical debt less heavily than previous iterations. nation-state investment firm disclosing a $430 million buyout plan. the airline will be delisted and restructured. boeing and united technologies stockpiling titanium parts from russia. fears of supply disruption part of the reason. sanctions and counter sanctions taken into account. securing a email system that will make it nearly impossible for hackers or governments to read messages.

1/4 of american families are just getting by. the fed said additional 13% are struggling to make end meet. that is today's "speed read." david: first time, well within the boundaries. stock market of course rebounding today. apparently discounting the crisis in iraq. the white house signaling that the limited airstrikes against isis in iraq will not be expanded by much. so what can we expect over the weekend and into next week and the future? for answers we turn to former u.s. ambassador who spent much of his diplomatic career in the middle east. ambassador, great to see you again. thank you for coming in. appreciate it. the market, as i said, they think we've seen just about all we're going to see from this administration, these limited airstrikes. we've had three so far. is the market right? >> i don't think the market is taking a long-term view of what's going to happen in iraq over the next several months. i mean basically what we're

watching is the disintegration of one of the arab world's most, previously most powerful states. and while the administration's actions are better late than never, they're not going to stem the tide of the disintegration of what was opec's second largest oil producer. so, you know, i wouldn't judge, i wouldn't be reassured by the markets today. frankly it looks pretty bleak to me. david: all right. by the way, talking about the president's strategy, some people wonder whether there is a strategy vis-a-vis iraq at all. john boehner, the head of the house says, that the president's authorization of airstrikes is appropriate but like many americans, i'm dismayed by the ongoing absence of a strategy for couplerring the grave threat isis poses to the region. is he on target there? >> yeah, i think so but i would

broaden it to say it is not just isis that's a threat to the region. think i the bigger threat is iran and, you know, it pretty complicated pretty quickly but short version of it is, isis is a sunni movement. it is not very big. only got 5,000, maybe 6,000 fighters. the reason isis is moving like a knife through butter in iraq is because the 20% of the population which are sunni are supporting it. and the reason they're supporting it because, prime minister maliki, a shia, has systematically excluded and persecuted this sunni population of iraq. the real solution to iraq's problems are number one, getting rid of maliki, who is divisive figure, who is divided the country, and second, confronting iran because maliki is the tool of iran. and let's be clear, what the united states can not do, is be

the air force for the iranian army. let's be clear. the government of ayatollah khamenei, has troops and advisors and weapons in iraq to defend maliki and my concern is that u.s. military action will have the effect of basically providing cover for maliki, providing for the cover for the iranians and that's what we've got to be careful of. the way -- david: right now u.s. actions are not providing much cover for anybody. so in the absence of a strategy such as the one you outline that would do any good there seems to be nothing to stop isis from going all the way into oil regions. what happens, by the way, when they get ahold of the oil in the northwestern section of iraq? >> frankly they have already gotten control of a number of refineries and number of feels and actually more importantly, iraq's largest dam. with that dam, they have a weapon of mass destruction.

they can cut off water supplies to much of the country and flood entire cities. but as far as the kurdish oil fields go, i think the threat is mostly to turkey, because that's where the majority of kurdish production goes. so we see this quickly evolving into a regional problem, not just in iraqi problem. but again -- david: excuse me, ambassador. we're looking at map showing turkey. of course it is right there. it is on the northern side of both syria and iraq. erdogan, the prime minister of turkey, has been moving in the direction of isis but he has to be pretty careful about how far he goes into that direction, doesn't he if. >> absolutely. any kind of favor or preferential treatment given to isis is like leaping -- sleeping with the devil. and it's a marriage that will come back to haunt those who enter into it. david: right. >> let's be clear, i don't think

isis is the long-term threat because it is small, and because it doesn't represent a major, major force. the long-term threat this continueing division between shia and sunni and unless we can appeal to and ally with the sunni community in iraq, the future of iraq is in yepdy, we have to leave it at that. ambassador, great to see you again. thanks for coming in, appreciate it. >> thank you. david: dierdra, over to you. dierdre: full speed ahead for truecar. the revenues hit a new record. the stock soaring over 37% since its ipo. we'll speak with the ceo in a fox business exclusive. rapper dr. dre isn't the only game in town when it comes to upscale headphones. another rapper making big moves. he is also attracting big sponsors the we'll give you details. ♪

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that is always nice. next on the list, facebook, now has market cap of $189 billion. employees say facebook offers number of benefits like fast hierarchy and work day. number one company to work for linkedin. they praised company's inspired leadership and work life balance if you're lucky enough to get a job there. dierdre: those are probably limited. after running on all cylinders since its ipo, shares of truecar hit a speed bump today. take a look at your screens there. you will see they closed the day lower. the company reporting a much wider-than-expected loss. david: despite the drop, the stock is up almost 37% since going public about three months ago. so what is ahead for the car shopping and research site? with us now a fox business exclusive, scott painter, through car's founder around ceo. -- truecar. appreciate it. let's get over today, because every stock has its up days and

down days. is trend that are important. i ask you about one trend. your company was right for many years. you started it. you have three months since the ipo. what are the drawbacks operating as a public company as opposed to a private one? >> i think a lot of the drawbacks you're subject to the day-to-day market fluctuations. david: so it does affect you? a day like today, when it was down over 7%, does affect you directly? >> oh, i think especially given today was based on misconception. there is difference between ebitda and gaap numbers and what is reported. there was a misreport that came out after yesterday's earnings call where we reported record growth, literally record across the company in every key metric including positive ebidta and we missed analyst estimates. i think it was a misreport probably had big of an effect as anything else. dierdre: scott, as david mentioned. you were right then you decided to go public. you were transparent you went

public so you could consider acquisitions. is it too early to fill us in on a little bit of your strategy? >> sure. well, you know i think today we represent 3.2% of all new car sales in the u.s. the guidance that we gave yesterday on the call is we'll continue to focus on making our brand something that people are aware of. we think we've got a lot of room to grow. 3.2%, we obviously think the market is much bigger than that. we're a nascent brand. even though we've gotten 300% increase in our brand awareness over the last 18 months we think we have a lot of headroom in terms of not only unit sales but in terms revenue. david: deirdre mentioned the word transparency. your company is all about transparency, transparency between the car buyer and the car seller. that is the idea. not everybody in the car selling business was into that idea. a lot of dealers kind of liked it when the buyers didn't have all the information you provide them with. have you won over a large portion of those dealers and

how, if you have? >> well, i think at the end of the day the belief that truth and transparency more profitable is really important them and what we're seeing dealers are actually thriving on the program because we're able to help them reduce their overall costs of selling. not just about the retail selling price. in fact consumers are saving about 10% or $3,000 on the average car using truecar but the dealers that are on the program are reducing their costs of selling. it is not just the cost of advertising and marketing which we reduced by about 50%. it is also cost of commissions. the cost of sg&a and overhead to run the dealership. it is more efficient. one out of every three introductions are buying cars. dealers are not paying for leads. they're only paying for sales. a lot of things for our business model is powerful for dealers. we've seen the dealer network nearly double in last couple years. we're standing one out of every four dealers in the u.s. operating on the program and we

represent 14% of their total sales. they're definitely voting with their wallet and participating in the program. dierdre: scott, i can personally understand that the no haggling rule would make it more fun to buy a car. i know some people enjoy that part of it. personally i don't. listen, you have a lot of data. any chance that you create a different revenue stream by packaging data and selling it? >> well i think the premium at truecar you can be a first-time car shopper and get data never before available. we grew up on guidebooks, expert opinion telling us what a car is worth. there is empirical truth to what a car is worth today and future, new and used. we're really studying that transaction date to give first-time shopper the ability to be an expert in 60 seconds or less. that is really how we establish your brand equity overtime. one of the things we're seeing, if you look at number, not only did we report record growth for theth consecutive quarter,

we reported that truecar channel in particular had 168% growth year-over-year to the same quarter. just to put that in context, the overall car business grew 7%. so i think that the truecar brand, the ability to inform consumers and to really help both the buyer and seller to be empowered is working and taking hold. david: by the way, i'm with dierdre i much prefer your method of buying a car than the old-fashioned way. i don't like haggling either. one day, don't worry about, patrick byrne of overstock always says, he survived very well thank you, he says, never be bothered by one day or even one week of what happens in the stock market if you have a good company. good to see you. truecar ceo. thanks very much. please come back and see us soon meanwhile the rapper fitty cent as they say around here getting ready to take on dr. dre? who will win the battle over the high-end headphones?

our "wall street journal" business reporter, you know who i'm talking about, sat down with fitty cent, join us next. mr. lee hawkins. dierdre: one-two punch for hawaii. the aloha state is in the cross-hairs of two massive storms. we're going it take you there next. to buy a car.

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truecar has pricing data on every make and model, so all you have to do is search for the car you want... there it is. now you're an expert in less than a minute. this is how car buying was always meant to be. this is truecar. dierdre: curtis, 50-cent, jackson, widely known as a rapper but lately he had a lot

of success outside of the music world. high-end headphone company is next. sms now come peeing against companies such as beats and bose. david: i have the bose. i don't have the beats. apple completed the $3 billion acquisition of beats electronic and beats music could 50-cent be the next headphone maker to do a big deal for big bucks? "wall street journal" reporter lee hawkins sat down with the man. good to see you, lee. >> hey. david: apple is one heck after competitor to be up against. does he have the stuff to take on apple? >> they're high-end headphones, he acquired the company, kono audio, established company, 51% of that company he owns. wasn't just like he was slapping his name on something. it is very competitive product. they don't have to beat apple. they have to steal some market share and add on, going into a bigger global market. so he could do pretty well. i actually asked him if he

thought they could be acquisition target and here is what he had to say? >> i think, everyone has a competitor. so when they see, make one move, make sense for them to combat it, by making another. and they will see everyone out there make logical option for them. so, you know, of course all companies, the right acquisition makes sense. dierdre: right acquisition makes sense but to david's point, you have jimmy iovine, dr. dre, they say apple bought beats basically just to get the streaming service. it was a two for one play and this is just a pure play. i heard what you said about market share. >> yeah. dierdre: what is go forward move? >> the go forward move they will announce a deal with major manufacturer around wearable technologies platform. i think right now who knows -- dierdre: really going for athletes? >> he is trying to establish a relationship with the blue chip company that will get them into the headphones market.

maybe they can expand from there, but the key is, he has got that relationship he will announce that will be established and then who knows. with the vitamin water deal, he did that right? dierdre: he did great. that was probably one of the best deals in history. david: unbelievable. he sold it for how many billion? >> $100 million. david: i thought it was a b but 100 million ain't bad. dierdre: record time, right? >> so he has the taste of blood in his mouth. he knows what it is like to spend and invest money that comes from a deal like this and he is going to be shopping for those deals, you can guaranty he will. david: headphone, deirdre was talking before you have bose and beats. it is saturated market, is it not? >> no. i don't think there are a lot of people in the high-end area of this market. there is the female demographic is a big one. i think now you will see him get timberlin involved on the marketing side, get carmelo anthony involved on marketing side because both are investors

in his market. i remember going into the interscope recording studio before the beats deal was done before the product was first launched and i saw pictures of lady gaga, will i am and all the people with the phones and that was big power of beats to millenials. dierdre: doesn't he have a hit tv show, starz network? can he do all of this at once? >> he has been doing it pretty well. diversifying too much is problem for a lot of celebrities and he is not immune to that possibility. he has to be careful with that, so far, right now -- dierdre: so far so good. >> 50-cent is hit maker on several levels. i expect he continues to do it. david: do a long shot on lee hawkins's pants. take a long shot what lee hawkins is wearing. can you pull that? look at that, man oh, man. >> there you go guys. david: wearing that when you interviewed him. >> i didn't but wore something similar. i got to be me, baby. david: lee hawkins,

"wall street journal" celebrity business reporter. love you being you. >> love being on the show. david: tropical storm iselle hitting main island of hawaii and bringing strong wind and some would say hurricane hue low is not -- rule hoe is not far behind. dierdre: could be a transformer-like robot. we'll show you cool pictures and tell you all about it when we come back. ♪

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dierdre: tropical storm iselle making landfall in hawaii, so slamming into the high land, strong wind, heavy rain, probably tough to be there now. david: a second storm set to hit over the weekend. how is hawaii faring, will carr joining us from hawaii's big island. >> hi, deirdre and dave. overnight we got pounded with rain. wind whipped up 70 to 80 miles per hour. that led to a lot of trees pull

out of ground and tossed on power poles. 20,000 people don't have power throughout this area. a little earlier we showed you with melissa francis one road right here where trees actually fell down and had taken out power for this entire neighborhood. we actually saw a crew come through a short time ago. they cut up all of these trees. so they are making progress here. they're still a number of businesses that are still closed. they will probably remain closed throughout the weekend. we saw yesterday how they boarded up to evacuate the area. a number of residents, especially residents very close to the ocean. they boarded up an went to higher drowned ground. now the big interest is turning to hurricane julio who should hit the area sunday or monday. we're told it is category 2 hurricane but it is weakening. this should not be a direct hit like the tropical storm ended up being. it should go north. last thing anybody in this area wants another potential direct

hit from a storm this quickly. last thing they want as well is more rain, guys. back to you. dierdre: will carr, thank you very much, joining us from the big island in hawaii. david: still hawaii, folks. so it is a three derobot made out of paper -- 3d robot made out of paper. it is the world's first transformer. we'll show you how it works when we go "off the desk." dierdre: tesla may have a new competitor. not a major auto company but a car made by students. we have the story for you next. ♪ stamps.com is the best.

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>> time to go off the desk on friday. may not look like average car, there is a good chance it could be on the street soon. it would be the first street legal car powered entirely by the sun. called sun swift eve, built by a group of australian students.

now the fastest solar powered vehicle. it goes over 300 miles. >> that's cool. leave it to the aussies down under. there are robots that can grasp objects and robots that can play soccer. why not a robot that can fold itself into a shape like origami. a u.s. based team built just that, it starts as a piece of polymer material, folds itself into different shapes. process takes four minutes to complete. robot can enter places like collapsed buildings when a search is completed. robot's motor kicks in and casually walks away. just like that. >> only in japan. we asked you on facebook and twitter whether the market is right to shrug off what is going on in iraq? that's basically what's been happening today. lobo ray says for now yes, the future needs to be addressed by the world community. the number one thing to watch

next week is the political events in iraq and eastern europe after u.s. launched air strikes, now we are moving on. >> that's right, thank you very much for having me. >> thank you for being here, deirdre. see you 1:00 on monday.. >> hello, everyone. i'm cheryl casone in for gerri willis. coming up on "the willis report" health care for $4. walmart's latest push to be your primary health care provider because only walmart would do it. the first of two massive storms hits hawaii with the possibility of a foot of rain there. we're going to have a live report coming up. and we are breaking down those big new changes to credit scores with tips how to boost your own score. "the willis report" where consumers are our business, starts right now. and we begin with the crisis rocking the globe and the impact to your bo