scarlet: oracle and adobe reporting earnings.t to focus on oracle because it is not participating in the rise of overall shares today. growth from licenses has been slowing at oracle, as customers switch to cloud inscriptions. -- subscriptions. only 5% of revenue is showing great look for a strong dollar to be a part of the narrative as well. a lot of analyst forecasts indicate that oracle has been giving guidance that underestimates the direct from the stronger dollar. look at the bloomberg terminal this allows us to show you how often oracle surprises when it comes to the revenue line. overall analysts are looking for a 2% growth last quarter, and in general this is the trend. in the last four quarters, they tend to disappoint when it comes to revenue. in terms of what it is projecting overall an increase but only 2% and the average surprise they have reported in their sales have been 1% over this time that we trekked. -- terracked. that gives you a sense of what they are dealing with. alix: one of the big issues in talking to

here's how adobe has been describing things.was a little bit lower than wall street had been looking for, but adobe said it was in line with expectations and they don't seem to be using currency as an excuse for other things. they say that fx has had no effect on subscriber adoption to their cloud sweep. they say that the mix has brought the average revenue per user down across the cloud. people are adopting some of the lower priced offerings, but within their categories in the cloud, average revenue has been stable and they are forecasting higher subscriber growth in q2, q3, and q4 now. their guidance was a little weaker than wall street had expected, the mid-point of the guidance range is $1.15 billion. the street was looking for $1.175. so $1.15 versus $1.175. but adobe sounding optimistic on this call. kind of similar to how oracle was sounding. its stock is back up after-hours, though adobe is not, melissa. >> jon fortt, thanks for that. guy, a little soft and subgrowth for the past quarter, not great. and the valuation her

this is the ancient city, nine square miles wide, once the largest in the americas and the largest adobe the world. it served as the center of political, legislative and religious life for the chimu people who ruled this region from the ninth century till the late 1400s when they were conquered by the incas. here you get a hint of the splendor before and after restoration of palace ceremonial halls, all of it in one of the driest regions on the planet. >> this is much more desert than south america. no rain for 15 years, then one day, boom. >> booming, rushing, flooding. these images from february 1998 show the impact of the weather phenomenon known as el niÑo at its worst, drenching the region destroying homes, bridges and endangering the lives of those who live nearby, as wells the thousands of archeological sites that dot the land here, slicing through centuries-old adobe walls and smearing away paintings more than 1,000 years old. peru's deputy cultural minister luis castillo was a young archaeologist and devastated when el niÑo hit his country. >> when i was in my early 20s the el n

we have oracle and adobe reporting results.hose numbers the second they hit the tape. we'll have plenty of analysis. >>> have you heard this term? boomeranging kids. yes, i have. it's when your kids move back into the house in their 20s or even older. yeah, that happens. and it's happening more and more, and it's ruining many americans' retirements. sharon epperson has a special report with advice on how to make sure that doesn't happen to you coming up. thing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as

both adobe and/ oracle are reporting after the bell today.hat currency is going to play an especially large role this time because oracle 40% of their business outside the u.s., 28% of adobe's business in amea alone and lagging effect of currency the longer you have the hedges on the less effective and the dollars has strengthened since last quarter, guidance for oracle going to be big because it's the end of their fiscal year. >> tim cook told cramer the best companies will figure out how to manage currency. maybe we're not there why yet. >> your business model mad are matters in this case. two companies going for more predictable revenue and that hits you in a time like this. >> all stock. looking at a 10-year, 20-year chart has been stubbornly around the 200 day. very resilient in the face of what we know is a difficult environment. see what happens tonight. over to headquarters, scott wapner and the half. ♪ >>> all right. guys, thanks. welcome to the halftime show. meet our starting lineup for today. josh brown the ceo of ritholtz wealth

adobe was up almost 37 -- 30% we're looking at 27 since it. >> all that polis oil plus treasury yieldand stay tuned on wednesday. >> i am watching berlin to end day beat the last two times but i will watch some of those stocks. >> but i am losing patience right now with the fed in janet yellen she is looking with flexibility they already have it why is it an issue? >> i saw a headline the dead will bark before the fight -- bite. >> they wonder why we don't trust them? join us every night ride:00 - - write your at 6:00 eastern time. you don't want to miss a moment of making a money. right now we send it over to lose jobs right here on fox business lou: good evening. i am the dobbs. president netanyahu fighting for his career knowing he may lose the election to elements that may influence the outcome today he vowed he does win there will not be a palestinian state and a splintering of the zionist union party as elections begin tomorrow. the party is weaker than expected and president obama fight against the prime minister may have gone too far. a bipartisan group of lawmakers

they want to replace highway 101 and adobe creek. right now they want to go with that but they are saying it is hazardous to birds. it was the runner up when the city was going through proposals. they are going to make a final choice tomorrow. >>> he survived the brutality. tonight, a former hostage is opening up by the terror techniques and the man he calls a blood-thirsty psychopath. >>> running out of juice why do we do it? why do we spend every waking moment, thinking about people? why are we so committed to keeping you connected? why combine performance with a conscience? why innovate for a future without accidents? why do any of it? why do all of it? because if it matters to you it's everything to us. the s60 sedan. from volvo. lease the well-equipped volvo s60 today. visit your local volvo showroom for details. ♪ with kaiser permanente you'll connect with your doctor any time anywhere. another way care and coverage together makes life easier. ♪ become a member of kaiser permanente. because together, we thrive. ♪ >>> cyclone pa

acrobat dc and adobe cloud will have special features. they're expected to launch next month. >>> finally on the facebook front, an updated policy is now in place regarding its takedown guidelines. according to the site it reinforces ipts stance against -- its stance against bullying and hate speech. some of the bill plus members have been -- billion plus members have been asking for clarification for what is okay and isn't okay to post on the page. new images or any pose that threatens harm to anyone is prohibited. pretty much common sense. >> thank you, nick. >>> where does d.c. rank when it comes to our st. patrick's day spirit? >> we found one way to answer that question and it's coming up right after this. you guys can just leave your coats right over here. wow. your bedroom is amazing. oh, thanks. we worked with a designer from havertys. total refresh. oh, i cannot believe people. what? covering up your new bed like that. it's okay. what kind of animals did you invite to this party? we can help. much better. refresh your space durin

a new study by adobe shows an overwhelming majority say their success is being slowed down by allegory ways of handling documents. more than a quarter believe mundane tasks are getting in the way of advancing their careers. >>> and turning to wall street futures are lower after stocks surged on monday erasing all of last week's losses. investors will be watches the fad which begins today with a decision to tomorrow afternoon. economists say they're ready to start reflecting interest rates. an update on housing starts and building permits. the dow jumping 208 points to 2977. the nasdaq up to 2949. tracy, back over to you. >> we'll see what happens today. landon dowdy of cnbc thanks. >> 44 degrees at 5:25. clouds are overhead. they're not going to last. and the green. well, it is st. patrick's day. how appropriate. >>> and we're in luck. we'll see 60s before the winds kick in this afternoon. katy zachry is in the first traffic alert center. good morning katy. >> good morning. i'm seeing a lot of green on the map in terms of go. we'll take a look at new jersey and delaware drive times. >>

on the flip side adobe slipping a bit even though profit and revenue topped expectations. the company did see a less than expected increase in subscribers to its creative cloud and guidance lighter than the street hoped but the number of users 28% higher year over year. >> when we come back a major cyber attack on blue cross may have exposed financial and medical information on more than 11 million people. how can you make sure your data is safe? a top expert from intel security has answers. >>> plus according to elon musk driving your car could one day be against the law. what he's talking about and how it could affect tesla going forward. who said radio is dead andy cohen is with us to break down his move to sirius xm. dow down 68 points. "squawk alley" is back in a minute. [ male announcer ] your love for trading never stops. so if you get a trade idea about, say, organic food stocks, schwab can help. with a trading specialist just a tap away. what's on your mind, lisa? i'd like to talk about a trade idea. let's hear it. [ male announcer ] see how schwab can help light

adobe, 152, look at these names, chase, target this is terrifying business hacks. so we are talking about hacks we have had you on the show before. they can really threatened lives, good hackers and bad hackers, they are called this white hat and the black hat hackers how can they be used by the government and private companies to make sure something like this never happens again i think basically admit to ourselves that rewitness good at cyber security, and there's a lot of reasons but i think a lot stem from how executives approach this program. and honestly, a lot of them are not considered meres to the other executives they work with, so i don't know if an event like sony will raise the importance of information security within an organization. hopefully raise the importance of someone like a chief information security officer but if you don't have buy in from the top, you won't be able to execute any. i am sure if we talk to the folks doing security i am sure they have identified this before. as far as hiring people that understand how to do this, it is import

buthr nts in buried beneath e layers of clay, each of a different color, and several more layers of adobe blocks, was a saic pemt measuring 15y 20 feet. its green serpentine stones form the slid fa of supertural being. the mosaic rested on top of 28 layers of rough stones, more than 1,000 tons worth bbrought 150 miles from the mountains near the pacific coast. this was aenormous feat, and ree such mosaics were found at the site. few feet bth thcere court cache of small, typically olmec figures appeared with almond-aped eyes and bald, elongated heads. as a mark of beauty or status, the skulls of somendividuals were deformed in early cldhood when the bones were stilsoft. made of jade, serpentine and granite, these figures seem to enact a ritual now forgotten. these carefully buried works of art may be offerings to spirits dwelling deep within the earth. their hidden presence may have charged the sacred precinct with spiritual energy. the olmec world was alive with unseen spirits that contrled all natural phenomena. thunder cracks ) represent theower of these mysterious forces, olmec artists

companies like oracle taking off, and microsoft, adobe, and apple, and all these local companies. the valley crashed really hard in the late 1980's. the number of people in the valley who were talented and qualified and skilled, who had been through the pc revolution, who had been through the early days of software, there was no real thing for them to do. the minute there was something to do, they all stood up and said i want to be a part of that. for me it was a lesson in how the valley and technology industry more broadly is self revitalizing. >> so for someone who comes to silicon valley today, have they missed all the excitement? >> there is no way. it feels today like 20 years of progress with the internet. it feels like we are starting to get the payoff from all the hard work we have done over the last two decades. >> ebay and hp recently decided to split up. you said they made those decisions independently. symantec is doing it as well. why is this happening? >> there will be more fundamental structural industry change in the next five years than there has been in the last

s and 1980's with the pc, and with software, with companies like oracle taking off, and microsoft, adobe, and apple, and all these local companies. and then the valley crashed really hard in the late 1980's. what i learned is, the talent, the latent talent, the number of people in the valley who were talented and qualified and skilled, who had been through the pc revolution, who had been through the early days of software, who just didn't have -- there was no real thing for them to do. the minute there was something to do, they all stood up and said, i want to be a part of that. for me it was a lesson in how the valley and technology industry more broadly is self renewing, self revitalizing. >> so for someone who comes to silicon valley today, have they missed all the excitement, 20 years later? >> this is my big learning. there is no way. it feels today like 20 years of progress with the internet. it feels like we are starting to get the payoff from all the hard work we have done over the last two decades. >> ebay and hp recently decided to split up. you said they made those decisions i

new study by adobe shows an overwhelming majority feel their success and productivity is being slowed down by outdated ways of handling documents. nearly two-thirds say they'd switch to a new job for the sake of less paperwork and more than a quarter believe mundane tasks are getting in the way of advancing their careers. sam and laura, back to you. >> interesting in this digital era. i thought their productivity was slowed down by ncaa tournament basketball. >> everything is on the computer now. >> there you go, all right, happy st. patrick's day to you. >> thank you very much. >>> bay area company that's known for rooftop solar systems is expanding into larger power sources now. that company san mateo based solar city is now launching a new product microgrids, larger power systems that communities can tap into when regular power grids go down from severe weather or catastrophes. the systems include tesla batteries that store the energy. >>> the drought is forcing an early end for another resort. sierra at tahoe suspended winter operations yesterday. restaurants and shops there are a

and after the market closes oracle and adobe will report earnings. >> the social media app pinterest raised $367 million. it makes it one of the most highly valued startups out a lot of people talking about that. a lot of people also talking about south by southwest. that's the annual conference where members of the music, film and technology industry gather and it's where twitter tipped to the mainstream and four square made its name. what is the buzz this year. >> reporter: the hottest app in south by southwest allows people all around the world to feel like they're here. it's live streaming video app. >> everybody's talking about mere cat. it's a live streaming app. hold your phone up broadcast whatever is in front of you, whatever you're doing and people can follow you in realtime. like tuning into a personal tv channel for anyone with a smartphone. >> reporter: with prominent investor of a startup bubble south by southwest wants to be more than the just latest social app, for truly revolutionary innovation. in the spotlight, a robotics petting zoo. showcasing robots designed to

looking at some early movers, including adobe.lower than estimated growth and subscribers for its creative cloud service. it has tried to migrate to subscription services and away from software. shares are higher even though we had second-quarter earnings and revenue forecasts miss estimates -- no, they are lower. seeing them trade glover and had their worst day since november 2011. also looking at molycorp, a producer of rare earth metals. the company said yesterday in a filing that it may not be able to continue at going concern if it is not able to restructure debt. it fell 35% yesterday but is recovering today. the company was saying it hired miller backfire to help restructure. looking at quicksilver, the retailer that sells surf and skate where. the forecast below estimates, shares appear to be holding after its loss was more narrow than anticipated. looks like that could be supporting the shares and having its best day so far this year. betty: thank you. julie hyman at the breaking news desk. members that number -- bloomber

send out phishing attacks to random employees, they open the attachment because the software searches adobe acrobat or flash needs to be updated the plal ware is able to inflect the computer. it's a chain reaction. >> tell me in the scheme of protecting yourself how much of this is a technology solution, and how much of it is a just make your employees aware of things that they could be doing wrong? >> security awareness is the number one thing that's lacking right now in all companies. train your employees. at the very least you should have some sort of security awareness training annually. a lot of companies don't do that but they should. you know teach your employees about what threats are out there. show them you know what to open what not to open how to do things in a safe manner it's just not happening. >> so where do i get that? so i'm a small business and i'm listening to you and say okay i want to do this annually is there a powerpoint or some presentation that i can download and show my employees? >> there are a lot of online tutorials that you can send your employees to. a lot of

or try adobe's color wheel website which performs pretty much the same function but a different styleind the right one with you and fall in love with the harmony they bring to your color palette. one place you will see a lot of lovely colors is roll a free irs app where you can anonymously share photos in the hope of making it into a global gallery if enough people like their post. it's all about the swipe these days. swipe right if you like and left to discard. once two or more people have swiped your post right it makes it onto the global gallery where you rise through the ranks a as more people show their appreciation. looking at other people's posts is a fun way to pass the time and the images you like are saved to your personal collection to gaze at again another day. be aware when posting your own pictures you can turn off location and post anonymously if you don't want to advertise you're whereabouts. for some people social media is too noisy, full of people basketballing about ling babbling about things you're not interested in and you can literally rub them out from your inte

adobe has reported fiscal first-quarter earnings, the 20% increase in subscribers.evenue and profit up 12%. investors love what these numbers are after the company warned new subscriptions in the coming quarter will be below what was hoped for. to the lead, and other tech company reporting this afternoon, oracle. revenue was flat, profits down 3%. oracle says they would have been up if not for the strong u.s. dollar. it is a continuation of a pattern. sales growth has not been as high since 2012 and cloud and reporter: -- high since 2012 and cloud and software revenues were up 7%. joining us now from new york is brian white. i will warn you i'm so dismissive of the gases of the work by analysts, except for you. what a surprise to you about the quarter that was just reported? brian: oracle and showed us they did a great job delivering on eps. they met the street and we have to remember they gave guidance in constant currency and they said the impact will be four cents in the quarter. it turned out to be -$.06. it was greater than expected and they still met eps. reve

stay away from adobe. ed in new york. >> caller: hi jim. thanks for taking my call.thank you. >> caller: i know you like the box ipo, i'm wondering -- >> look honestly i would have told that story much better narrative this should let me do that conference call stock would be at 22. i'm not kidding, he didn't know how to tell the story and amateur at the beginning of the conference call and once they got to the q and a, they started weaving the story. wrapped up into red hat, that's what they have to do. that's my -- that's the way i would play it. how about yanile in florida. >> caller: i'm calling in regards to rocket -- getting crushed lately. >> i don't know now the proof is in the pudding, the last two calls weren't -- last two conference calls weren't that good. people feel they don't need rocket fuel they can give the money to google or ad agency. let's see what happens there. >> no i want to go to olga in ohio. >> caller: hello, this is a repeat call from cincinnati. >> cincinnati we like the reds. go ahead. >> caller: about a month ago there was an infection

did you understand the document cloud that adobe came out with yesterday?perate. you can insert a signature, right? insert a signature on to the pdf but buy the management system or rent it on the model they're pushing. >> creative cloud, i think they say. they were bullish on the call. it's the document cloud. going to be talking about this on "squawk alley." outlook and numbers disappointed but the reverse from oracle strong sales growth especially if you take out the currency impact. >> check on fedex really quick here. that's down 2%. that's going to close to the lows of the session. you missed it, a nice beat, 2. 01 beats 1.87. earnings up 53%, can't ignore what the low fuel prices are doing for the company. fiscal year ending in may, they see shy of the street. baba, big lockup expiration 300 million odd shares available for trade. see how many cash in. doubles the size of the free float. look at alibaba and say down 18% this year. but remember that these are people who were in before the ipo, they've already made as we came into today 25% gain. the q

adobe be the stock goes down. adbe. >> i'm melissa lee, thanks for watching. tomorrow night i'm melissa lee. see you back here tomorrow at 5:00. meantime, do not go anywhere. "mad money" with jim cramer starts right now. >>> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i want to make some money. my job is to educate you so call me at 1-800-743-cnbc or tweet me @jimcramer. all right. i have to tell you right now, we got this whole thing all wrong. we don't seem to understand what's good even when it bites us in the face. i'm talking about the pell-mell rush to judgment we undergo every day when we forget how positive the vast across the board decline in commodity prices is for our country. ♪ something that will be overlooked again today with the dow sinking and the dow is backsiding although let's set the stage. we

you have to think about a stock that's got a $40 billion stock like adobe. >> you like that black iceit. i think i said it last year. >> coming up next it's the silent player that just reported great results. we're sitting down with the ceo of vivint after the break. move over kentucky. we got the best performing stocks during the ncaa tournament. the inside stock while you'll make more money on these stocks over your college bracket. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. >>> still ahead on "fast money", the nasdaq and new york city oil closing at a six year low. but there's one recent solar ipo back on the rise. we have the ceo here in studio. if your march madness bracket goes bust can you still be a winner in the stock market. we'll tell you which stocks return 100% of the

adobe be, the stock goes down. adbe. >> i'm melissa lee, thanks for watching.m melissa lee. see you back here tomorrow at 5:00. meantime, do not go anywhere. "mad money" with jim cramer starts right now. >>> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i want to make some money. my job is to educate you so call me at 1-800-743-cnbc or tweet me @jimcramer. all right. i have to tell you right now, we got this whole thing all wrong. we don't seem to understand what's good even when it bites us in the face.

the pedestrian and bicycle bridge will replace the current highway 101 undercrossing at adobe creek. environmentalists believe it will be a danger to birds. the architect calls it bird friendly. the city council meets to tonight. >>> a new report says state water regulators are not strict enough with enforcing penalties during this drought. people had to cut back their water usage by 20% or face a fine of up to $500. but those who break the rules are rarely punished. there's going to be a vote tomorrow on whether to extend the penalties. >>> new outrage is growing over the salaries for some top water executives. the bay area news group reports salaries for general managers at the four largest water districts are more than double what the governor is paid. some agencies including san francisco's public utilities commission, are now looking at rate hikes of more than 30%. that report finds no bay area agencies are considering cutting or squeezing or freezing the salaries of their executives in wake of the looming rate hike. >> suffice it to say, they're making a pretty penny over there

a new study by adobe shows an overwhelming majority feel their success in productivity is being slowedown by outdated ways of handling documents. nearly two-thirds say they have switched to a new job just for the sake of less paperwork. more than a quarter believe mundane tasks are getting in the way of advancing their careers. office workers are busy today putting the finishing touches on brackets for the upcoming ncaa tournament. beware, betting on the games is risky business at best. mathematicians say the odds of having a perfect bracket are 1 in 9.2 quinntillion. all the oddsmakers might help you a little bit, but not as good of a chance of winning. winning boils down to a whole lot of luck. >>> this morning we have an update on the young girl from brain mahre bryn mawr who is battling cancer for a second time. maya rigler met her fund-raising goal of $100,000 for pediatric cancer research. last month we brought you her story and in just 24 hours after we ran her story, fund-raising jumped by $10,000. for more information on how to donate download the nbc 10 news app or visit nbc1

written by a cybergenius hacker the has a new business model to sell criminal software the same way that adobe sells body shop there are companies that sell criminal spy where. whole thing is automated and point and click. with interpol we were working outside the rio day janeiro and resolve the criminals that we thought were pirated movies that were dvd is but in fact, it was a crime where. the software was a dead city theft software there we're selling to lower-level peace without a computer background. it may sell familiar if you bought crime where the more you buy you get a discount. with every piece of software they seldom have the service level agreement we guarantee 85% it will work or your money back. in the action had won 800 number for tech support. [laughter] that a criminal the calls trying to commit identity theft but it is now working. >> have you read you did your computer? [laughter] to make this is actually modifying to their benefit. crime is committed by software. it used to be one-on-one. blige would get a knife for again to say stick them up. that is the great career to be

. >> hey, look it continues after the close today, adobe, giant tech company reported a disappointing number, while oracle reported a strong one. i guess the strife in tech will continue in tomorrow's session. we just don't have for horseoarsman rowing together. some are rowing forward, some are rowing backwards, but they're all in the same darned boat, which feels like it's spinning in circles and going nowhere. here's the bottom line. unlike the last few years, there are real cost crunches right now. trends that are often diametrically opposed in the exact same session! the result inconclusive battles get played out every single day. get used to it. this may be the new normal for 2013, at least until one of these trends becomes dominant. but don't hold your breath waiting for that to happen. let's go to john in california. john? >> caller: i am the cramer groupie from sacramento valley, how are you? >> hey, john you're calling me up. we're like the kings. >> don't go there. anyway, we need rain. if you have some water or snow we'll take it. >> i have some water, but i don't think it

part of the settlement between workers and all kinds of high tech firms like google, intel, apple and adobe think we're not going to see final action until the summer. when we do the companies will be paying out to the workers. the companies are accused of creating a secret agreement not to hire each other's workers in order to keep people's salaries low. now this affects 64,000 people in silicon valley and each one will get a check. >>> speaking of money, "forbes" is out with its list of billionaires. we thought we'd show you a list of some of oyou are bay area neighbors. bill gates not onu!kx this lis because he's the richest man in the world but he doesn't live here. larry ellison, mark zuckerberg, $33 billion, well, $33.4 billion literally, larry page, serg sergey brin of google. you're saying wait a second, who are graves and camp, they are the uber guys, camp along with kallnick came up with uber with enthey couldn't find a cab and among the world's youngest billionaires. mark zuckerberg would like to point out he is younger and rich per >> who is keeping track. michael jordan a new

let's bring in adobe project manager divia who has written several op-eds for "the new york times" and in silicon valley. so the pipeline is one issue. i would like to talk about women with technical expertise, such as yourself, who are already in the industry and the experience that you've had. you've written about the experiences that you have had being harassed, even being asked by companies to make suggestions and speak up about ways to improve the lot of women in companies and then that advice has been ignored. what's the significance of this ellen pao case and where do we go from here? >> yeah. i think ellen pao case is pretty significant because it is a signal that says it acknowledges there is discrimination in the industry and i think some of the instances that she has pointed out are egees you and kind of similar to some of the instances we have highlighted in our op-ed that we wrote about eight of us about gender discrimination and harassment of women in tech and i think what it signifies, i think like all of -- most of other people have said we are seeing there will be more

the pedestrian and bicycle bridge will replace the current under crossing at adobe creek. environmental groups believe the high arches will be a danger to birds at a nearby preserve. the architect calls it bird-friendly. palo alto city council meets tonight and may make a final decision. >>> all right. 6:17 right now on your monday. lots of birds, planes, and other folks flying around the golden gate bridge trying to get a nice look of that iconic, beautiful structure there as we start off your workweek. >> yeah, expecting cooler temperatures today. >> yeah, it'll be nice out there. 6:17 is the time, happy monday, hopefully you enjoyed that warmth over the weekend. break from temperatures near 90 as we head throughout the next couple of days. but everybody's asking me how warm was it on saturday, 89 degrees was the warmest spot that we could locate for you. that was in san jose. so it was definitely a very warm weekend. things are going to change this week with the jet stream taking a nice dip to the south and for us, that's going to translate to cooler, cloudier weather w

then adobe, reporting smaller than increased projections. and current earnings view is light.aising its quarterly dividend by 25%. then nekis tar therapeutic, being a buyingeing a big loser today. its breast cancer drug didn't reach its goal. and herbalife suggesting a district court has dismissed a shareholder lawsuit against the company. don't know how much that was weighing on the stock. pandora getting a bump. it cites more favorable counting cost scenarios. we have all of that but the real issue this morning is the fed. what they're going to say and do. let's get inside the mind of fed chairwoman janet yellen. with vice president of the american association of individual investors. we'll start with you, chris. tell us what you think janet yellen will do. and what you think she should do. >> look. i think what she's going to do is the following. "patient" out, likely to be replaced with that reasonably confident test they'll raise rates when they're reasonably confident inflation is heading back towards 2% over the median term. they'll be reasonably upbeat on growth. watch

or, like in the days of adobe, developed in proprietary to moleskine.tionery market you are growing three times as fast as. what percentage of your revenues come from digital? what is the race you going to look like in 5-10 years? guest: if i had the answer to that question, i would be a rich man. right now, we are talking about something that is a niche within an niche. we are targeting people that have similar lifestyle but we are not talking about the general population. those that are already at the stage of connecting analog-to-digital is further upset. we lost something at the beginning that we believe will grow over time. anna: what is driving your growth in paper products? is it an increasing appeal among the middle class in china? guest: i think basically it is the fact that, yes, while paper is still relevant in people's lives, in a world that is becoming more and more digital for paper or any physical product, it has to come with something more than just itself. it has to come with an emotional dimension that makes it a show. that is where th

let's get to your trade on adobe. such report earnings on march 17.n six of the last eight quarters. will we expect the same going forward? >> i think we will expect a move higher. it moves a lot on earnings day. this time around, the options market is targeting just above $81. i can look for a call spread out to next week's expiration for fix $.60. i'm getting a bit more aggressive because the move they are implying is a bit cheaper than that 7% average. i can better than triple my money if i'm right here. >> give me an overview of the market because we are still getting troops and drabs of earnings -- drips and drabs of earnings. >> we are technically driven right now at the tail end of earnings season. we start up again without color in april and then get into another full swing. until then, we are in a no man's land. >> talking about a no man's land. thank you so much. "money clip" is up next. ♪ pimm: welcome to "money clip." here is the rundown. bill ackman says he is not manipulating herbalife stock. he says the fbi has not contacted him or anyb

the same way adobe would sell photoshop, there are companies that sell primark, criminal software.the whole thing is automated. when i was working with interpol, we were birkin rio de janeiro at a separate crime case then we saw the criminals with dvds, which without for pirated movies. we found it were pirated movies. in fact, it was crime were. the software they had with identity theft software they were selling to lower-level use without a computer background. the fascinating thing about it is their business models. if you bought crime where, the more you buy, you got a discount. with every piece of software the criminal organization sold, we guarantee 85% of her stolen credit cards will work or your money back. i favor parties they have an 800 number for technical support. you could call up and say in trying to commit identity theft and it's not working. they'll say sir have you tried rebooting your computer? other business models on the criminals are adapting, modifying to their benefit. crime is committed by software. that is the fundamental issue going on here. crime used to

allegations against apple, google and adobe systems. tech workers accuse the companies of conspireing to hold down salaries. >>> fbi director james is calling for a coordinated international approach to track down perpetrators of cyber crime, terrorism, and organized crime on the internet. a pakistani man was found guilty in an al qaeda bomb plot to attack the new york city subway system. the jury reached that in a federal court after beginning deliberations tuesday morning. no date has been set for sentencing yet. >> that's your cnbc news update this hour. brian, back to you. >> oil was flat most of the day, and just before the close, something interesting is happening. let's go live now to jackie deangeles with the nymex with hopefully why oil is popping. >> good afternoon to you, brian. that's right. hopefully i do have an explanation from you from talking to traders here they're mentioning several factors. the first is we had a huge inventory build overall. more than ten million barrels this morning. they're focussing on the cushing

vocal recital or sundays but digital be along the coast a butcher's are ignored what load his 60s and adobe brazil of a peninsula going to him the 12th hour and coming up year east face off the platter and will get a sore tracker easter weekend forecast. >> george: slump once again for the 580 ride west bound. early this morning we started with an accident right at the dublin and a change in the crash cleared manage to back up the ride and even though committed actions have been improving the see the release so once again for this west on interstate 580 right back up reaching nearly to the altar, past and tracking the right for you on the drive time take a look at this now 61 minutes for the trip heading west hercules berkeley at a bad ride out all. 23 minutes and on the court or commit whoredom appears 1/7 also pre good right tracking your commute to the bay bridge this morning back up and the macarthur maize but the jets signed hauling about 2222 minutes. san mateo bridge tolls slowed a fairly slow and to try to mess rests time. richmond bridge had have a backup at hear the applause of su

how many of you have had pop-ups that says, oh, your phone operating system is out of date, adobe flash update -- that's a way of saying you've been completely hosed for the past six weeks anything we figured out there were these bugs in your system, and now you need to fix them. so now there's no consequences for bad software then they don't need to fix it. and there are no consequences for two reasons. one is the terms of service right? you guys have all seen those, right? and every time you sign up for pa facebook or chase manhattan account, you all read those terms of services in full, right? i have have read and agreed to the terms of service is the biggest lie on the internet. if every american read the terms of services that they were presented on the average year it would take 78 days out of your year to read them all. o.k.? >> facebook that started out with a 1,000-word term of service is now up to 9,000 words. the united states constitution is 4,400 words. paypal has the largest terms of service in the industry, it's 36,000 words. shakespeare's hamlet is only 32,000 words righ

those two companies were adobe systems and apple.apple, obviously, is in a completely different position. i mean back then steve jobs was just announcing in early 2000 that he was taking the interim away from his ceo title. that was the beginning of of course, an historic run that let us to where we are now, where apple's weighting in the nasdaq is amazing. and it krblted significantly to this run to 5,000. and of course the look in silicon valley is entirely different. it's not just the hype about the internet, which remember was only about 5 years old at the time in its modern consumer form, the web browser itself was just really born in 1994. this time it's kind of reinvented itself yet again on strength, on the backs of your googles, your apples your facebooks. i mean there's really only one of each but those kinds of companies redefining the internet space at a time when a lot of people figured the u.s. might be kind of out of the game. remember, in between 2000 and now, it looked like europe was going to be at the forefront of

thinking about earnings, we're about to get a bigger wave in the coming days but in tech we've seen adobese weren't as bad as a lot of people expected. both stocks have rebounded since their initial kind of volatility right after earnings and the bottom line was despite the currency stuff, fundamentally they saw strength in europe and other areas and they were bullish on the transformations they're trying to go through in terms of cloud and mobile and so those things continue to be fuel for the companies that are well positioned. >> john isn't there a little bit of a feeling we're get a little toppy though in tech. obviously you're talking about the nasdaq high we're looking for, but with etsy's ipo will that be the last sort of e bull yant tech ipo we will see for a while? is there more move for stratospheric moves or even just robust moves that might not make entire sense from a fundamental perspective. >> you have to consider a number of stocks have already come way down from when they were toppy. zulily down 77%. look at go pro. it's come way down. it was up near 100 bucks. now in the

apple, facebook adobe, nvidia those stocks are all in the green today.se i've got it broke out by percent changes, one week one month. if you want to see some data ping me on the twitter machine and we'll try to bring it up. and melissa, hopefully it will be this web page or this fact set screen that is shown on this monitor. you know what i'm talking about? >> no, i have no -- >> junior online shopping your naughty websites. >> no, no. >> what? >> you said it like they're supposed to be combined. >> could be the same thing. >> no no. the ncaa pool. >> i don't know what you keep on your little laptop down there. >> my little laptop. back to you, melissa. >> the weak euro has been good for european markets. take a look at germany's dax up 22 percent so far this year. but buying the etf that tracks the dax, that has not worked out so well. michelle caruso-cabrera joins us to explain why. it's all about where the dollar has gone michelle. >> you can really get hammered if you get the currency trade wrong or the stock trade wrong. if you look at the year-to-