you can see fitbit's valuation.e delivering on the promise that you can get these people to interact their apps. -- interact with their apps. measuring engagement is the right measurement for these companies. emily: i recently spoke with mark andreessen about his views on startups, valuations and bubbles. take a listen to what he had to say. mark: be measured, be cautious, be careful. but also, invest in growth. at companies that are growing fast, we don't tell them to pull back if the stock market flips. if anything, we tell them to push forward. the companies that are doing well will do really well. andreessen is telling you inside the boardroom? suhail: at mixpanel, the reason we raised money, the entire reason was to grow rapidly. inside the boardroom, he is saying we should lean in to whatever might happen in the economy. it turns out that even if something does happen in the economy, the money that we were able to raise gives us the leeway to hire the most amazing engineers through any kind of market did. what

>> no. >> or a fitbit? >> i used to wear a fitbit. but now i know how many miles it takes to burn the calories. so -- >> especially in the shoes. it can really, really add up. >> so dan, listen, fitbit had its moment. 10,000 steps revolutionizing this country in some ways. what happens when everyone kind of gets it and doesn't need to wear it anymore? >> i think that's been one of the worries out there that we're seeing across consumer on the health side. but we view this when you go to augment reality, to health, we are in the early days of where this is going over the next two, three years. today it's health but it's going to be a much broader market as we go forward and we see it creeping up to enterprise. we see microsoft and apple going after this market, which in our opinion speaks to how big this opportunity is over the coming years. >> but you're not talking about fitbit. you're talking about a market that i totally agree with everything you're saying. but fitbit is just a one-trick pony here. much bigger thing. >> why not? >>

emily: let's take a look at fitbit.f peopleu make wearing an apple watch instead, and companies like jawbone which have raised and raised and are clearly struggling in the wearables space? my experience is that many people buy these things and then stopped wearing them. john: i'm an athlete and i love my fit bit. i think wearables is an example of an enormously large horizontal market. just to give you some sense of scale, we have some fun with the fit bit numbers. as of march, fitbit users have taken 13 trillion steps -- 11 trips to jupiter. this is a great example of the vastness of these markets. we have never invested behind types of scale our startups are experiencing. emily: quickly, i know you are big on drones. why? john: we were the first investor in a commercial drones is is here based in berkeley. we think a great example of not only a huge horizontal market shift, bringing computing to all kinds of laces in agriculture and industrial applications, search and rescue, but think about every one of those markets

meanwhile, target has ordered 335,000 fitness trackers from fitbit. not to sell, but to give away to all of target's employees. it is by far the biggest corporate deal that fitbit has ever struck. target is hoping to reduce health care costs by encouraging employees to live healthier lifestyles. other companies have done the same, bank of america, time warner, british petroleum have all ordered fitbits as well. they claim that one company called apyrio reduced by 6% only one year after giving fitness trackers to its employees. so, who knows. if it's on your list constantly, you're thinking about your health, maybe you do something that's healthy and you don't order that extra chocolate milk shake or something. >> yeah. i think it'll just make me feel worse. >> yeah. oh, disappointing this thing every day. zblapt milk shake right now. >> cheers, here's to you. >> see you later. >>> all right, dave. this weather is just unbelievable. >> it is. last week felt like we were in southern florida. >> uh-huh. >> this week feels like southern california. >> tha

. >> fitbit is on fire these days, up 7% this week. we have the analyst that says that stock is going to $50 a share. >> plus, new details on the wall street heavy weight who went to meet with the chinese government. more on that story coming up. >> that's very interesting. let's start with the latest from apple's event. i'm sure he's having to keep talking to us while it's going on inside there. give us a quick recap of what we've -- what's been unveiled today from apple here, john. >> well, you caught me at a good time. they're wrapping it up. i've got more detail than i've had up until this point. and key details on pricing. how does apple talk about pricing in a world where so many carriers are moving away from subsidies? well, the same way. they will be priced the same as previous generations. the 6 and 6 plus are going to be $100 cheaper, and the 5s will stick around at the beginning of the line. sounds like they're getting rid of that 5c. but they also said a number of carriers will be doing installment plans. apple said they, t

and fitbit ceo. those are some of the names. nicole: i went through the list. i didn't recognize a lot of the names. but they're young. so they have -- lauren: a very varied list. nicole: those were recognizable ones. looks like sir elton john and russian leader vladmir putin play actually be meeting. sir elton knows exactly what i

. >> up next fitbit. rallyings more than 3% after coverage last night with an over weight $37 price market. expected to grow more than 100% this year and today cleveland research initiated the name with a neutral rating. it was interesting is they did say apple is a big competitor. >> so what? >> exactly. >> i think they do believe the competitive angle with apple is overblown and the words were in quotes ridiculously fast is to describe the growth of fitbit. they are the number one player in the space. it is a crowded space. with margins they could go higher. >> do they have a ceiling though. pete, do you think they have a ceiling? between the amount of time when the market is growing quickly to when it is a steady state and apple is -- >> it could be. but they've been holding on to market share pretty well. no matter how hard apple has trying to get into this market fitbit has maintained the market share. and international is the next growth for them. but the short-term interest in fitbit it is up near

calls of the day, fitbit, wells, micron and more on the move at this hour. our experts decide whether the analysts hit or miss the mark. stocks shooting sharply higher. tech and financial stocks leading the way higher. a big day for chips stocks. but it is the comments from warren buffett that we do begin with today, guys, a dovish tone certainly from the oracle of omaha. between the fed should not rush into raising rates, saying the economy is not growing at a booming rate and also had this to say. if interest rates even go 7-just a little bit. what does he do with stocks? here's what he said. >> if you guarantee me interest rates would be at 100 basis points higher than this for the next 20 years, i would be buying stocks hand over fist. >> no guarantee that they're going to remain 100 basis points higher and probably not. what do you make of the oracle's comments at large? >> i think we have to keep in perspective, when the oracle speaks, he speaks and others want to listen. what's his timeframe? and his timeframe is much further out than most people are

wille: fitbit, target offer fitbit activity trackers to 335,000 u.s. employees.itbit's largest corporate account and is affecting the stocks part of it -- positively. tom: nobody at this desk is a fitbit. kathy: i got one for christmas but i have yet to activate it. brendan: it is an aspirational purchase, not a functional purchase. i cannot act -- considered corporate accounts, in your book can be introduced at a curriculum at a college you sell it forever. vonnie: what stops you from putting it on your dog? bring down premiums for employers, the idea is -- tom: when i buy you the hermes watch or the apple watch, the brown one am a will will use the apple watch as your fitbit surrogate? vonnie: i use whatever technology on top of that. brendan: i agree, what is to prevent, already there has to be a cottage industry, somebody building this, a fitbit shaker you put on your desk. make it look like it is going for a walk. down afterex shares reporting earnings that trailed under the forecast by $.20. analysts were looking for fedex to do that, shares down. tom: phen

let's talk about fitbit. the stock jumping more than 10% of on news of a deal with target and the potential for more corporate sales ahead. brad ericsson and rich ross. brad, break down this rally. do you think it's real? should a deal with target give it this kind of legs under the stock today? >> yeah, absolutely. obviously the 335,000 target employees that this brings on board for fitbit is very nice in the near term but what we really like about it longer term is it signifies this secular shift towards connectivity really enabling companies to engage with their employees to drive healthier life stiles and get people more productive at work as well as just allowing companies to basically show that they really care about their employees. fitbit is an early leader in that market and we do like the fact that they're bringing their brand exposure from the consumer market over to that corporate channel and we think there's potential upside opportunity. >> the stock is down 15% over one month. to what do you asc

. >> shares of fitbit bucking today's trend.from the ceo on its major deal with target employees. at mfs investment management we believe active management can protect capital long term. active management can tap global insights. active management can take calculated risks. active management can seek to outperform. because active investment management isn't reactive. it's active. that's the power of active management. good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference. e*trade's bar code scanner. shorten the distance between intuition and action. e*trade opportunity is everywhere. we live in a world of mobile technology, but it is not the device that is mobile, it is you. real madrid have about 450 million fans. we're trying to give them all the feeling of being at the stadium. the microsoft cloud gives us the scalability to communicate exactly the content that people

and fitbit which explains the dramatic moves we get in the stock.he short interest ratio, so 39%, the percentage of shares sold short as percentage of overall flow, 39% which is extra nearly high. that means that when you get an increase in the stock, you can have a short covering rally that exacerbate the gains that you otherwise might have had. erik: severe case was playing out, julie, from the end until a couple of days ago but it might be getting a little painful with the stock up significantly over the past few days. that is julie hyman. apples september event is upon us. tim cook will introduce new iphones, no doubt, scarlet, why shouldn't he? the most important product that apple sells. as i have been saying, what, if any surprises might tim cook cap? furthermore, at this point, with so much known, what constitutes a surprise? cory johnson is in san francisco and when i say constitute a surprise, i mean a meaningful surprise, not something quirky and interesting. y: i think we will be looking for things on the edges, but the bar is so high fo

microsoft, fitbit.rough eight few to show you the mentioned -- let's move the review to show you the mentions on social media. in terms of what is going on with the media companies -- microsoft, they are expanding service to include purchases on amazon.com and microsoft. you can see that these are on the rise together as we continue to see the media partnerships, content partnerships in particular, a new way for them to get content out there. disney has had a pullback on concerns over the old versus new media models. disney is getting its content new were media models. investors are viewing that as a positive move. it is another one that you saw on the social media monitor. the stock is rising to over weight saying that it is holding its own against the apple watch. witht has minimal overlap the apple product line thus far according to analysts. a big increase, in part because we saw high short interest at fitbit. when stock rises you get a short squeeze. we have been talking about the deals this mornin

this fitbit owner hides it under her clothing so no one else can see it. >> it doesn't go with my elf it. >> would you like to look more like a piece of jewelry? >> i would love that. >> designers have been experimenting and they are trying to make this wearable technology more appealing so it doesn't look like you're wearing a computer on your wrist. >> we use stainless steel, aluminum, we do finishings that are just beautiful, things you cannot obtain with plastic and we think a lot about the fact that people should be wearing these products 24/7. reporter: technology giants are partnering to invent something that works well on the inside that looks elegant on the outside. sophisticated and sporting. >> you can actually go online and design your own smart watch and you get to pick not only the bands but also the color of the face itself tour and technology companies want to go mainstream. right now the devices are they envision a day when you walked on the greet without a need one. the computer and cell phone is disguised as a delicate wristwatch. dari: and the conversation was so g

at a stock am looking at today is fitbit.y filed for an ipo, i was shocked to hear how many fitbit's had been sold. i'm just a shock to see how much more they think this company can do. the stock is up 3.8%. they came out with an upgrade because of what they termed ridiculously fast growth. i pulled up on the bloomberg terminal a look at the fitbit growth quarterly, or sales quarterly. this is 2013. as we get into 2014, big jumps right before the ipo. in the december quarter, it will be a little drop in the third quarter. in december, a huge drop. they are forecasting even stronger growth. it seems amazing to me because there is so much competition in this space, not only the apple watch, but the jawbone, any kind of pedometer should work as well as a fitbit. i guess the kids like it. stocks rallied today, specifically beer. what is behind that movement? there was a conference that was canceled. people are speculating you're going to see a beer merger. we always like to talk about these companies, sab miller and coors.s -- th

target will offer fitbit to to its employees, employees will be able to get fitbit's most basic device retails for about $60 for free. >>> look at this. australian tightrope walker kane peterson crossed between two peaks of the eureka tower, almost 1,000 feet above melbourne's skyline. halfway through, he basically had to lay down. he got a leg cramp. he did manage to get through it, however. okay that makes my palms sweat. simon, back to you. >> it's not for the likes of us, sue. >> it's not. >> the fed kicking off its two day policy meeting today and tomorrow, that could result in the first rate hike in nine years. our next guest says the fomc's inaction has been dangerous, damaging for pensioners, and that it's time to post a help wanted sign on the nation's front door from what she describes as a fearless and grounded central banker. danielle dimartino booth was an adviser to the dallas fed president. good morning. >> good morning. >> do you not think janet yellen is fearless and grounded? >> i don't think she's fearful enough for the financial markets. she doesn't appreciate some

mark's fitbit. very competitive out there. >> just for the movement. this is getting a lot of data that hadn't been captured. >> i thought you had to go on the sleep clinic. >> and you want oxygen to -- while sleeping to see if you drop it while sleeping. who could sleep in a night in a hospital sleep lab for that much expense and have a normal sleep pattern? so, you know, this is kind of crazy stuff that we can do so much better with this mobile technology in your own setting. whether it's your home, bed room or on the go. >> well, we had two that are mentioned in your book. teledoc, using the smartphone and thur aknows and you're a backer of that. >> yeah. we have the lab medicine going on the same since the 1960s and people have to give tubes of blood, very expensive, can't get the results, now it's about ordering your own tests. you can do it in the future through the smartphone. so it's a segue to that. and drugstores. it's a whole different look that people can get their lab tests and do it themselves. the theme here is about patient generating t

fitbit.gain today at 33.07, since it went public, up percentage points and they say growth here is ridiculous. a lot of people may remember when we first got the filing for the ipo that fitbit was selling $750 million worth of their bracelets a year which was a surprise to some, but they clips $1 billion this year and sales growth according to pacific crest is went $47 a share in the next 12 months, trading at 33.06. take a look at some of the tech companies that have been talked about on the website about the withbility of a merger microdevices and microsoft. some analysts have come out and said it is unlikely. unlikely because it would hurt microsoft relationship with intel. but itel relationship, would help them to do things like streamlined their microsoft services and their xbox services, i should say, xbox is the only thing i think of microsoft because it is part of my life. i also want to point out disney. furtheroving down with risk of cord cutting according to morgan stanley. skinny

fitbit users have taken 13 trillion steps -- 11 trips to jupiter.e have never invested behind types of scale our startups are experiencing. emily: i know you are big on drones. why? first investorhe in a commercial drones is is here based in berkeley. we think a great example of not only a huge horizontal market shift, bringing computing to all agriculturees in and industrial applications, search and rescue, but think about every one of those markets -- data collection, sensor collection, the company is growing like crazy. it is a very exciting time. i have interviewed chris anderson and i have heard that side of the story. for joining us. a stock we are watching today -- vox. shares traded lower this night a stronger than average courtly forecast. box sees its revenue climbing in fiscal year 2015 and reported it topped 50,000 customers. ceo, aaron with box levie. n: you have seen the market begin to shift where even companies like emc which are large incumbents in the category are exiting our space because of the dominant position we have been able

in terms of individual winners we are watching today, take a look at fitbit.s is on the news that target is going to offer fitbits to its 335,000 u.s. employees are it -- employees. company saying, corporate services right now generate less than 10% of revenue but it's one of the fastest-growing parts of the business. you can see the shares of 11% rate sometimes we see outside gains because it is heavily shorted stock. today we are watching yahoo and alibaba. analyst saidthe bloomberg intelligence, they talked about the irs notes that list spinoff issues under consideration. analysts say it's probably not aimed at stopping yahoo!'s spin off of that alibaba stake but may be targeting future deals that have not been outlined yet. we're seeing a bit of relief for ali indo stocks. scarlet: a lot of people looking at yahoo! as a proxy for alibaba. looking at the s&p 500, there are 109 stocks down, 391 that are up. julie: i'm looking at the dow as well. had some interesting push and pull today. talking about a quarter of 1%. the company is delaying the big software

number two compared to fitbit right now.nd we have them coming out possibly to do talks in content. a major play in ads by doing ad-blocking and the only way to get ads on ios. a lot of moves coming from apple right now. >> but you think about china. that's been the source of growth, the source of people saying that will be a bigger market than the u.s. for apple. the consumption economy there, the growth of the middle class, they will be able to overcome what tim cook has called these near-term speed bumps. and couple that with a little bit of distraction from music, from possible moves into tv, trying to get more entrenched in payments. what do you see the company's growth coming from? >> i think they're looking for big growth areas and they're finding them. fitbit is a $6 billion company. i think they'll surpass them. and this tv thing they're doing is going to be dramatic. they're coming out with this box now. they'll shortly be out with a bundle which will be a television replacement. it's a $600 billion company that's

morgan stanley raising fitbit. apple watch not as much of a threat, and they note there's incredible interest in fitbit shares. it sets them up to do well going into the holiday season. they found that consumers are willing to spend $250 on wearable devices. that's nice with fitbit. that's hat the high range of their prices. all of this ahead of, are we going to get a new version of the apple watch tomorrow? is there any chatter? >> i haven't heard that. we'll talk to someone who has broken everything they were going to say anyway in advance, and we'll ask if there's room for any surprises. >> go pro, a 16-lens camera that shoots for virtually wall reality, $15,000. lands in early november. there's another name down 40% in six months. >> more than that, i think. certainly from the ipo. that one has been hit hard. not getting much of a list. up half of a percent. >> that's a lot of cameras? . >> are you ready? >> i'm not sure i am. no one wants to see my virtually wall reality. >> i wanted to mention a story i've be

reporter: that is what fitbit once to prevent. they are promoting a line that turns your smart phone into a portable coach. turn your smart phone into a virtual nutritionist. samsung has a device that keeps track of your sleep cycle and vitals and will regulate your tv and other smart devices based on your sleep needs. it even bruise a fresh cup of coffee when you need it. -- brews a fresh cup of coffee when you needed. this is how i imagine the future, nice and relaxed. monika: nice and relaxed. that is how aaron tilton rushed to the studio to join me. was it fun to see your weight on that scale? >> i can live with it, i guess. monika: one thing seems to pop up all the time when it comes to electronic devices, connectivity. is there anything new? aaron: there was not one standout thing that took the market by storm. a lot is stuff we have seen before, but there is more development of it. like you said, connectivity is the big focus this year. everything is connected to each other. your smart phone is kind of the nexus point, the

we're watching fitbit in particular.ly a couple of weeks ago that the research from idc said that apple was within striking distance of fitbit. it has an overweight and targeted dollars and based on their checks they're loving it. this stock is going to soar at the open. keep a keen eye on fitbit ahead of apple day. maria: of course, keith mccollough has his fitbit on all the time. it's not the stock, but it's certainly the product. don't forget to start your day every day with nicole and lauren simonetti here on the fox business network at 5 a m eastern right before mornings with maria. since the riots in missouri, there is a call for officers to wear body cameras. and announcing all city police officers have wear body cameras by the end of 2016. joining me is taser ceo rick smith who is seeing a bump in business because of this. thanks for joining us. >> thanks, great to be here this morning. maria: how would you characterize the last, i don't know, i want to say year or two in business as this increasing movement towa

fitbit has a lot of momentum because they're under the price of apple. apple is a twice that has a health component. fitbit is a health company based on a device. >> it's not a merger monday, but we did get a deal announced sunday that's playing out now. dialogue semiconductor acquiring for $4.6 million of cash and stock, it was supposed to add up to $10.42 of atmel share. look at shares of dialogue. there's atmel, that's up nicely. why not closer? that's the reason. that thing is getting crushed. >> wow. >> it's going to be dilutive in 2016. >> they're tricky, they don't say that. we can deduce that. investors are not happy with short-term dilutions. they are talked about $150 million annual cost. atmel is still up, given there was a significant premium, because it is cash and ads, it's not nearly what it was valued at originally. >> originally, i thought it was a good deal for dialog. it is mostly industrial. i thought the combination was good. the outgoing ceo left the door hope in the conference call saying it's a dual track, maybe we'll pick a new c

showed fitbit popped. williams up in today's session, energy transfer equity close to winning a takeover fight for rival pipeline operator. shares rose more than 5% to 45.86. expedia won antitrust approval to buy orbitz. they did not require any asset sale for expedia in exchange for approval. shares rose, expedia 5% higher to 12468. >>> global slowdown did damage to one company, fedex lowered its earnings outlook citing weak economy, slower demand and strong dollar. that was enough to pressure the stock which fell nearly 3%. morgan brennan has more on the company that many consider an excellent barometer to assess the global economy. >>> first quarter earnings at fedex increased 20%, but that stell fell short of estimates. the delivery diet guidance on weakening global economic conditions and one-time expense in the ground domestic unit. that sent shares tumbling putting stock even further in the red for the year. freight less than truckload shipment which include a lot of industrial goods experienced wea

and also the founder of fitbit. the company went public recently and his shares are worth something like 700 million. >> good for him. >> somebody has to do it. >> extraordinary people. >> "fortune's" susie gerub and an "nbr" contributor. good to see you. >> nice to see you guys. >> coming up, apple's top competitor is setting up shop in apple's own back yard. that story next. >>> it's going to be friday. here's what to watch tomorrow. the final reading of second quarter gross domestic product is out. apple's new iphone 6s and 6s plus will go on sale. and a read on the health of the consumer with a consumer sentiment report. and that is what to watch on friday. >>> and samsung expanding its footprint in silicon valley, opening a new 300 million state-of-the-art building and it's not too far from the headquarters of its biggest rival in phones, apple. josh lipton takes us on a tour of samsung's new digs. >> reporter: it's a 1.1 million-square-foot corporate campus. welcome to samsung's new north american headquarters

and so is fitbit and shake shack.e of the recent ipos really hit as the broader market has bounced back from the worst losses of the year. >>> when republican hopefuls meet on the stage tomorrow night, they will talk about the economy. ben carson is the only top candidate who says he is willing to raise the federal minimum. then immigration. donald trump wants to restrict it. finally, ceo pay. trump took a shot at sky high pay for ceos and hedge fund managers. >>> mark cuban says he could crush donald trump in a presidential election. he said he could beat frontrunner hillary clinton. i think the conformity the candidates on the issues will make it easier for any democratic nominee not named hillary. i think she had lost her shot. that is what he said yesterday. cuban says he has no interest in running, but if he did, he would simplify the tax code and college debt and computer modified trading in the stock market. he said i could crush donald trump and beat hillary, but i'm not going to run. i could. >> i could feel

fitbits were once relegated to sweaty rest, they are now helping get drugs to pharmacists more quickly hoping biometric data could or effectively determine if a treatment is working. ourmore, let's bring in reporter from bloomberg news he wrote the story. can theyate a reading provide? a lot of people say when they work out, it doesn't count it as a step. it's only when they are actually walking that it is counted as a step. they are not the only gadgets being used, so there are realmn the medical data that instead of being on your wrist, they can stick to your chest or some of them, anywhere on your body. made for being clinical trials like this where they know what they are going to be looking for, how many steps you are taking and what is your heart rate. there is a distinction to be made between these consumer tracking devices and ones produced for this specific purpose. what kind of information is being gathered and tell us how it rings products to market more quickly. when you are looking at something like how many steps you are taking during the day, the pharmaceutical companies

the company has been hurt by fitbit -- weight watchers. cap 7.5%.ams -- tom: so you double-barreled fitbit with weight watchers? david: just for you. n's was set the whole to buy from steeple. tom: thank you. michael, an important guest. michael: it seems like there is always something with the global economy. there have been economic threats and security threats with ukraine, russia, etc. really quite on that front right now, that it is a calm before the storm or is it not? the second united states secretary of homeland security is the cofounder and executive chairman of the risk management and security consulting company chertoff group and he joins us now, secretary, thank you. my question is -- is this the calm before the storm? is there of blacks on out there on the security side i could upset the global economy as we have seen over the past couple of years? secretary: actually, i would say there is no calm, and the storm is gathering force. i think what we are seeing in the ukraine is an evolution to what they described as the conflict which is

he's trying to get his extra steps in for his fitbit. >> okay, hi. as you mentioned with 600,000 employees postal a lot of this will affect the way you do business. are working with the unions to think what the future impact will be on our workforce? >> it's a wherever possible, we want to find extensions to the work that they are doing. for example, the scenarios that we're working on with the gsa, providing an identity for the american public also means there's the necessary proofing component to that. anyone here tsa prechecked? in order to do that, you had to present yourself in person and provide some information about who you were. and in order to take advantage of some of these new personalized products as we play things forward, you're going to need that service. and the postal service, who better to provide that to you than the person who is coming to your home you'll z us begin to do things in the fall. we've got a few markets going wou would, if you go online and you want to take advantage of that pilot product that's out, it allow us you

that's why it's handing out 300,000 free fitbits to its workers. the devices measure data like the number of steps a person takes along with other physical activity. target says they will give discounts on fruit and vegetables to its employees. >>> straight ahead a activist are saying ahead of tonight's gop debate. >> a student desperately needed a wheelchair. his teachers came up with a plan to make it happen. coming up i will tell you more about that. >>> a $55 million sports arena and entertainment complex is headed to southeast washington. i am andrea mccarren. i will tell you about the mixed reaction we're hearing from my favorite. bad news. the johnsonville factory burned down brian. it's terrible. well if you can't serve tasty sausage why are we even a family? i may as well move out. well, if that's what yo... you're right. i'll stay. and tomorrow we're going to help johnsonville rebuild that factory. i'll take dinner in my room, with chocolate milk. make pasta tastier with johnsonville italian sausage. we don't make sausage. we make family.

target is offering fitbit to 335,000 employees part of new health initiative to cut down on health careut of the doctor's office. >> cutting the cost of college before your children graduate high school. we have a look at the saving tips unveiled on "good morning america" today. >> back in the bernier of the valley fire, our new look at the destruction and how you can continue to help the victims move forward. >> in santa cruz, a tsunami advisory has been extended along the california coast to the south and we tell you what is happening in santa cruz in a report. >> sue and mike are back with traffic and weather before you are head out the door a look at san francisco international airport with weather and traffic airport with weather and traffic during the airport with weather and traffic during the ♪ ♪ with better brands, at prices that work for you. make each day a little better. shop t.j.maxx... and maxx life! ♪ in stores now. >>> live from the kgo-tv broadcast center this is abc7 news good thursday morning at 6:29. a view from the camera of the ferries underway inside the bay bridg

and fitbit ceo. those are some of the names. nicole: i went through the list. of the names. but they're young. so they have -- lauren: a very varied list. nicole: those were recognizable ones. looks like sir elton john and russian leader vladmir putin play actually be meeting. sir elton knows exactly what i want to discuss as putin's ridiculous, quote, attitude towards guy rights. -- gay rights. remember someone pretended to pull a hoax on sir elton, when you putin found out that happened, called elton john, said yes, let's meet. i'm ready to meet with you. so there they are. lauren: coming up fed chair janet yellen stands firm on interest rate hike this year. >> most of my colleagues and i anticipate that economic conditions are likely to warrant raising short-term interest rates at quite gradual pace over the next few years. lauren: hmmm. the fed chair did falter at the end of her speech. she had to be helped off the stage. we'll have details on that. she is okay. investors apparently believe that the fed chair's comments reinforce her belief in the u.s. econ

. >>> "good morning america" is brought to you by fitbit. i'm eric thomas. car buffs still eyeing over the new entrip id in the suv market. look at the doors, called falcon wings. the length trick suv is fast, taking you from zero to 60 in 3.2 seconds. the signature model goes for $132,000. >>> drew toumo will have one soon. >>> yet to arrive in the bay areas, rain. virga, stuff that evaporates before it reaches the surface at this moment. active this afternoon, live doppler. showers linger into tomorrow. >>> all right. we'll see you back in venetia, a complete closure of the bay shore road because of a hazardous spill. green matter that was spilled off of a tanker truck. right now that closed. delays coming off the bridge and also an injury accident [get up to 48 monthsw interest-free financing on tempur-pedic. save $300 on beautyrest and posturepedic. or choose $300 in free gifts with stearns & foster. the triple choice sale is on now at sleep train. delicious and packaged with nothing to hide. no secrets. just like our family. well there

it's fitbit's most basic device.have the option of upgrading and target is going to help out with the cost. >>> all right. what would it take for you to love your job just a little bit more? a new study suggests free snacks. >> big trouble. the grocery delivery service pea pod surveyed a thousand full-time worker and found that free food found workers happier. >> 56% of those surveyed said they were very happy with their jobs, but that number jumps to 67% for those who also had access to free food. just 16% of all surveyed said they get free treats on the job. >> so four snickers bars every day for a week? >> i will go for that. >> i don't want to know. >>> throwback thursday. this is a story that feels like a blast from the past. it's been 50 years since the first memory function calculator was released. do you remember these? >> i do. so how much would you pay for one of those today? how about 220 bucks? >> really. >> what you are looking at that gasia has, it's a $220 calculator right there. don't expect any apps

two bullish calls on fitbit today. now is the time to get in. piper jaffrey reiterating the buy. what's the deal? there's this idc report that is very, very positive on wearables. >> the management has been doing a road show and they've been pretty positive. in the u.s., they dominate that space. more of the opportunity is international which is only 21% of the total revenues. the company also indicate they had can still do 50% gross margin at the same time they're aggressively ramping up their international business. i think that speaks to the strong pricing environment they have. also, they have a lot of new products coming out. they're not saying they're going to come out between now and the end of the year. that might be the upsite. i think that they're low balling in that. >> i wonder if there is a herd alert on this. of the 16 analyst who's cover it, according to thompson, ten have a buy. nobody has a sell. >> but they were all underwriters. it came public this year. you have to take, of course, they have a buy on it. they have to be reall

i want to get your thoughts on the release of your new smart watch because apple, samsung, fitbit, they're competing in the wearable space. what sets apart your device from these players? >> at least a couple of things. one, we paid a lot of attention to technology and innovation but also to the design so we have been trying to design a watch that's really looking like a watch and the other important thing can we can offer our customer the possibility to customize their own watch in a big number of different possibilities and, you know, watches pass all other devices and people want to carry something that fits with their own personal style. >> you remain very much in the pc market and the pc market remains very much in decline. what is your outlook for the pc market? is it a case now of just being the best player for as long as possible or is the market itself going to turn around and grow again? >> i think for sure the pc market is still showing negative growth. i think it will still come back. probably won't see it come back to growth like we have been seeing two or three years ago. wha

we're wearing our wearables, i'm wearing my fitbit, you're wearing your wearable as well. our doctors need to contact us right away, have a relationship with us, hey, i didn't see you for your physical, what happened, have you been on the road? that's the next generation of healthcare as well, not just the breakthroughs in pharmaceuticals or therapies, but informatics. this is huge. >> i put all these together. i say to myself, when i listen to a lot of other companies claiming they're kings of cloud, whether oracle or microsoft moving into the cloud, it just doesn't sound like the cloud defines dreamforce or salesforce anymore. >> this never was about the cloud. it's about the customer. >> we always talk about the cloud. >> i know. but the reality is it's all about the customer. >> it's too small to think of the cloud? >> the cloud is about technology. and technology, and you know this, is transient. >> right. >> the technology we're talking about today will be obsoleted in three, four, five years from for you. it will be all new technology. what's the one thing, though,

i'm getting my fitbit steps in. >> daniel, fantastic presentation. my question is what should be the balance between satellite and wireless spectrum to help enable the iot marketplace? >> it's a great question. i don't have an answer to that. i have talked to some people that are looking more at spectrum issues. it's going to depend on the application and depend on the situation. if you look, for example, at first responders right now, they had what we thought was one spectrum need and then everyone started talking about police body cameras, and you're talking about streaming huge amounts of video. and that completely changes how we'll actually do this. so it's really up in the air right now, how this will work. right now, most people are saying we want a lot of spectrum, standards for how we transmit this. i think in government as we're building out the first net, there's going to be an opportunity to leverage that in many ways that are outside the traditional first responder capabilities. so, for example, some of the sensors being deployed, v.a. ho

you have already got the fitbits. already have watches that are on there. if you look at the watch, with developers now, i think there are 11 million developers will be opening up new apps for the watch. so this will be revolutionary. the updates with the tv, with ipads, with the phones. what is also happening with the watch and siri, think this is going to be a really strong event for the future, laying down the foundation. that will be in your home on your couch, with the tv that you spoke about with your last guest. deirdre: this whole halo effect seems like solidifying its effect in our decisions. thank you as always. sierra maya 360 managing partner there on apple. >> thank you. deirdre: you can see even in the big announcement, if you look how the stock closed, you will see lower for the day. pretty much scratch we'll call it for the year. as far as past fifth two weeks. bull or bear, michael lee, and jonas mack fairsries. we heard from a relatively bullish analyst. the michael lie, just for balance i give you first word. >> apple as equity much more

four trades on four stocks making news, fitbit is up first. pete, the band wagen is getting a little heavy. >> yesterday it was morgan stanley and now suddenly it seems like the street, putting the targets higher. morgan stanley went to $58 this is a 58 target for the stock, very impressive what they've been able to accomplish. we know about the ipo in june and we've seen reaction from the stock. it's been resilient and it's because they've got market share and they've got brand and they're beating all the big boys now, because of the reasons, think the stock gets over 40, i'm not so sure about the $50. >> we're watching shares of cheniere energy, under pressure after jim chainos revealing he's short that name. >> with the stock at 30 times 2020 earnings. >> with the upside coming from a glutted market we think the risk-reward given where other lngs are in australia and elsewhere are completely out of whack. >>. >> a looming zast certificate how chanos described cheniere, what do you think? >> i think when he says looming disaster, he's talkin

. >> my disclaimer is i'm a guy who still uses a blackberry and i'm wearing a fitbit. and there was no wow factor by the announcement but there were a number of updates that touched almost each of their portfolios or each of the products in their polite which makes me say i think they're great and as far as jonathan talking about the company liking the company and not the stock, they've got 50 billion left to spend, you really don't like the stock? it's trading at a discount for the market. 50million, my friend. >> go ahead respond to him. >> weak stocks are weak stocks and it's hard to be a growth stock in a weak market. so it's a wonderful company, i don't care how many shares they want to buy back, but as they say when the wagon comes, it takes the good girls with the bad and it's going to come in the markets by evidence of today's selloff >> i'm totally stalled with that image there. darius, get us past the paddy wagon and the girls -- >> the good girls and the bad >> i'm not going to comment on the still us or the ecosystem. there's a huge difference between growt

people are getting the fitbits and the job bonus and ditching them after three months.re you getting people to really sign on and commit to this? >> it's all about trust, and we're seeing the momentum. we serve hundreds of millions of people already on health tap with amazing network of u.s. licensed physicians and the thing of the trust is the key, the experience, more than five years of experience bringing thousands of physicians that are trusted. they provide advice, they can prescribe medications, they can interpret test labs from labs all over the country. lori: people can use this service for free? is that correct? >> we have a basic service that is available for free, you can download it right now and try it for free, we have a premium service you can get consultation by video or text or voice with physicians in 137 specialties. lori: you launched a medical app for apple watch in april. how is that being receiveed? >> momentum is unbelievable. we are apple watch, android wear, working with other wearables and more than that, working with hospitals, with large emp

we like this wellness play along with underarmor and fitbit, the latter being one of the brightest spots of our trip out here. and we're going to pay special attention to what nike says about china. huge market for them. i'll stick my neck out and i say china could be getting better. why not? what have we heard lately? we've heard from apple and starbucks. things are good and nike said it liked the strength of that company in 1.3 billion people who seem to want 2.6 billion sneakers. that's a little arithmetic but it's hooj. the bad is bed bath & beyond which has been buying back stock at a furious pace, retiring a third of its share count in the last five years. that's helped the cost but we're in a what have you done for me lately market and it hasn't dazzled. i think it's getting absurd and this company is not that bad. i can't say the same for pier 1 which has gotten ugly, down 39% year to date. i don't see the turn. too bad, most of the houseware companies i follow are doing fairly well. as much as i praised the ceo in get rich carefully, i'm looking dead wrong given the performance

calls of the day, fitbit, wells, micron and more on the move at this hour. experts decide whether the analysts hit or miss the mark. stocks shooting sharply higher. tech and financial stocks leading the way higher. a big dayor