that's where adobe comes into play. in this case, you can have a skill built that can reach out to a company like adobe and can reach into our data sets to understand a little more about your marketings behavior to provide a more personalized experience back to you. >> these companies want personal information. what about information about the home? these devices are within our homes. so like i robot, the company that has the robot vacuum is collecting data about the home, the physical space. are you hearing from brands that they want certain data about the home itself? >> it's a fine line. and actually, it's something that -- it's not required. you don't have to have personally identifiable information, you don't want to go there either. what you really need are the characteristics and traits that help you understand general direction of interest. that way you stay away from the personal space and the intrusion side of things. you look for things anonymous. you can take it into a space where you can create communicatio

>> caller: four quick questions about adobe. is adobe a hold with a five to ten-year outlook i'm up 47 points should i sell some and why did your trust close out its position >> my trust had to check in a position i was hoping adobe would come back in the stock. because i figured it was so red hot. but it's not going to. i think the stock can go to 200. my hope is a broader sell-off. and my travel trust is to buy some so far that's been wrong and you've been right. don't sell it. the grandmas are coming! these seven negatives are in the way. but this is a market of stocks that's why we can still go higher despite them. even the dark star we've calling it the death star later in the show. there's one thing we'll see from the $758 million jackpot today taxes! stock barely budged. time to take a second look at the ceo of a great company i'll reveal the retailers who are not road kill. and a company behind tech gadgets and gizmos aplenty, including our friend alexa why is the stock lagging behind? i'm asking the ceo so stick with cr

and then years, and years before that last year, this week, the stock of adobe was at 100 ismts's now at 145 was it expensive at 100? absolutely is it expensive at 145 you bet. does that mean you were suckered to get the last 45 points? or did you get it right? facebook, it was at $98 two years ago. one year ago it was 126. today it's at 167. oh, but look out, it was down hard, sell, sell, sell ring the register and make a profit i like to take a little longer term which by the way mr. hedge fund managers out there, that's been the right way to think about the stock of facebook. it's been expensive the whole time how about amazon, two years ago at 478 last year 790. 956. sell, sell, sell maybe expensive doesn't mean sell sell sell so here's the issue. the most disciplined thing you can do is stay long through the jeremiahs. you have to tune up the sirens of skepticism who said they were dangerous. isn't that empirical some of the people back then were dead wrong, now tell us that we're being glib to own them and foolish foolish for pulling the trigger as they go down. what do they wan

they aren't the only ones moving in, amazon arrived, adobe is planning an expansion, the mayor says more tech companies are rediscovering the city center.>> continuing the suburban pattern is making housing less affordable and making the freeways more congested and tech leaders recognize the urgency of focusing on a more urban model. >>reporter: this includes building around transportation and including housing. housing advocates point out it's an old-fashioned model the way companies use to do things. >> they didn't just say we have this figured out, they created the housing. if you are bringing in 10,000 workers you need 10,000 bits of housing so you don't displace those that are already there.>>reporter: land is being purchased, some by google and some by developers. the official plans are in their infancy, land-use consultant say it appears to be a thoughtful partnership. >> both parties are doing what they do best. >>reporter: the city of san jose and google are still negotiating price and they hope to have an agreement in the next year. ann rubin ktvu fox 2 news. >>> we are trackin

adobe announced plans to kill off flash player from 2020.ployees. and the boring company is firmly going against its name, as elon musk posted a video to instagram of a car going underground on an elevator in los angeles. the tesla ceo's side project proposes building a network of tunnels under the city, which will drag cars, passengers and cargo in super fast moving sleds. and it was a busy week for musk, as he clashed with mark zuckerberg over their views on al. during an informal facebook live, mark zuckerberg said musk‘s claims that al poses a fundamental risk to human civilisation were irresponsible. but musk took to twitter to respond, writing zuckerberg's knowledge of the issue is limited. touche! first it was gone and then it wasn't, as microsoft puts to bed reports that it was getting rid of its graphic programme, paint. people rushed to social media to show their love for the programme, which won't remain on microsoft 10 by default in the future but will be available on the windows store for free. yes, i'm taking commissions! and n

seventy three point five billion dollars that's right below market cap of major companies like adobe and netflix of course it's not a stock but it seems to be a darn good investment let's talk about the rally drive with reggie middleton entrepreneur and founder of vera toss the reggie every bump bitcoin hits it just bounces up to higher levels what do you think is causing such a rise in it's price. adoption the more attention it gets in the media the more people find out about it and the more people find out about it the more applying pressure it gets the more mainstream it becomes and that's what i see in because you also have outside of mainstream adoption you have significant interests from institutions who want to be exposed to guess at this because the has a very low correlation to of the major asset classes and that means that it doesn't move like stocks and bonds do that's a very big plus for situations because when you have a portfolio and it all moves in one direction it's very risky if. you have a bunch of stocks and only stocks your portfolio and it's a down day you don't

ya todo el adobe raspado y desprendido. >> todavÍa hay rastros y estÁ lleno de jeringas de la gente queica alberto le dijo cuÁnto le gustaba la cabaÑa. >> entonces Él me dijo que a lo mejor su mamÁ se hubiera enamorado de esta casa. carmen: cuando torres le dijo que pronto se mudarÍa una casa nueva, alberto lo sorprendiÓ. >> me dijo quÉ vas a hacer con esta casa? le dije la voy a vender,me dice yo te la compro. estuvieron aquÍ visitas importantes para el. carmen: hoy el la ha convertido en escuela de pintura. >>amiga incomparable te recuerdo como si fuera ayer. por eso la guardo porque es un tesoro para mi. carmen: nunca llegaste a enamorarte de Él? >>enamorarme no. yo lo veÍa no como hombre, lo sentÍa como un hermano. carmen: comparte que de pronto surgÍa alguna suspicacia. >> el Último concierto estuve bailando con el. carmen: ellas como muchos otros estuvieron siempre a su lado dentro de sus posibilidades sin pedir nada a cambio. >> por su forma de ser,fue Única. carmen: tan Única para kika que sigue al pendiente de lo que fue su casa de todo lo que se ofrezca. tan Única para lope qu

adobe is coming back i guess that vm, a big upgrade today. a concern that amazon web services were take -- deutsche bank said this worry is no longer a real concern. bravo is on fire such a strong business the data center is on fire another data center company, cyrus one yesterday. you can't find space in a data center it's that hot of a business. anyone in the data center -- intel is in the data center. whatever intel does isnever enough to the stock market intel's new chip was good, big battle between amd i am saying that data center cloud, there are things that are happening. you can trade off of those. >> a lot of it is sentiment. >> yes. >> it reminds me of what was written yesterday. i'm not encouraged i'm concerned about conflict both external and internal leading to impaired government efficiency. >> we've had impaired government efficiency since obama one and it has been fabulous for the market every hedge fund no hedge fund manager i know comes out and says i'm pounding the table. it's a great opportunity that's what he should have

they aren't the only ones moving in, amazon has arrived, adobe is planning an expansion. the mayor says more technical companies are rediscovering the area. >> it's making housing less affordable and they recognize the urgency of focusing on urban models. >>reporter: it includes building around transportation and they say it's an old model.>> they didn't just say we have this you figured out. they created housing. if you are bringing in 10,000 workers then you create the housing for them. >>reporter: parts of land is being purchased by developers as well as google. the plants are in their infancy, consultant say it seems to be thoughtful. >> both parties are doing what they do best. the city will do the zoning in the private sector will move fast.>>reporter: the city of san jose and google are still negotiating land price. they hope to enter into a development agreement soon. >> that's quite an arrangement.>>> facebook has similar plans in place for menlo park. this is the willow campus that will be built on 59 acres that facebook already owns. the plans include 1.75 mill

relative tothat salesforce, adobe and service.in on the enterprise value to sales forward estimate. it is cheaper relative to service and it pulls in debt and equity and you subtract out cash and short-term securities. you get a better picture of the overall company value. vonnie: taylor riggs, that was a lesson in valuing companies. thank you. turning now the samsung, hitting its turn in the smartphone wars. electronics company is set to unveil the galaxy note eight in just a few minutes. for more on what to expect from samsung, let's bring in celina wine -- celina why. tell us what we have heard. is samsung keeping details under wraps? >> the stakes are superhigh at this event. it is the latest phone after the last one was scrapped after reports of catching on fire. they revealed low details about the phone, which i am holding in my hand. a very large screen, a very large phone. another added plus is the andus, which is skinnier more pressure resistant than before. they also have a dual camera lens in the back so talking to peop

may i suggest nvidia, or adobe, salesforce.com, tesla. later round picks, activision blizzard, service now, and then another one, broadcom. those are sleeper stocks, write them down. i don't agree with the long held notion that you should pick a quarterback in the later rounds because there are so many of them people are trashing me on twitter for espousing the opposite, but if you can get a green bay aaron rodgers or a tom brady, you can't pass them up. in the stock world -- hey, apple. in the stock world, there's only one quarterback worth taking so early, and that's apple. and hence, my apple phone, which i am taking off and putting over there, because it's ringing. it's been -- i just figured out how to put the ringer on and forgot to take it off. i'm talking about apple just when it goes off >> press the red button. >> okay. well, any way, it's been a standout underrated performer when it comes to how cheap it is apple is not a high flier, and if you valued it like a consumer products company, it would be higher the other quarterback

covered amazon we checked off sales force i think people are saying, jim, you had data, you've had adobe they said they are a people that can help you with data. why do you choose informatica over everybody else? >> tableau is a great tool for visualizing data, but the data has to get there in the first place. that's what we do is really provide all of the data supply chain. we call it enterprise cloud data management the idea is to bring the data from wherever you have it, your data, third party data, or data you're buying, bring it together in a format that can be used >> he's done a great job. >> he's done a phenomenal job. we bring the dat a. and they help the customers use the data to good effect. >> how ag not tick are you if a big customer says, we're on amazon, but we're also on azure. are you okay >> we're perfectly fine. we partner well with sales force, amazon, azure, google anybody in the analytic space. we bring data to them. we actually don't have databases of our own it can be data spaces in any kinds of the new databases we call ourselves main frame and everything in betw

more high-rise residential housing is popping up with talk of amazon adobe and google headed this wayth ago with the google announcement and now you can feel the momentum changing. >> this pair knows how to do business downtown coming off the heels of success of paper plane and original gravity. >> when you put quality in place the crowd changes and the atmosphere changes and now you can see the residents filling up and it should be a great downtown for years to come. >> a big virtual reality center has opened in new york it is 20,000 square feet it is the largest of its kind in the country. it has a variety of virtual reality simulators including flying shooting and racing. the ceo says virtual reality is the next hot frontier in entertainment. >> we are trying to make virtual reality more accessible. we think it has a lot of interesting applications down the line. >> the cost is $39 for a ticket to get into virtual reality world. >>> seven priests walk into a bar in the country of wales celebrating one of the priests getting ordained but the doorman told them to leave. he thought th

about 100 people held a candlelight vigil at adobe park in castro valley to show what love and tolerance do. they were encouraged to bring candles to signify peace and hope. there's an outpouring of condolences to remember the three victims of yesterday's violence. they include heather heyer and two v state troopers killed in a helicopter crash near charlottesville. lieutenant h.j. cullen and berke bates. the 32-year-old hier was a paralegal who took up a spekd job as a waitress. over the phone, her mother spoke of the tragic loss. >> heather's life was not about hate. and this young man who ran my daughter down mistakenly believed that hate would change the world. >> and look at this heartfelt moment in charlottesville today. people stopped and applauded stat troopers as they walked down main street in that city, paying tribute to the two law enforcement officers who were killed. 35 others were injured in the crash and in the clashes. >>> a berkeley restaurant says it does not support the actions of those in charlottesville. top dog posted a sign with its views after a flurry of social

more high-rise residential housing popping up, amazon, adobe and google are heading this way. >> the earth shifted a month ago with google and its announcement and you can feel the momentum changing.>> reporter: this pair knows how to do business in downtown coming off of the heels from south first-rate the original gravity which is next door. >> when you put everything in place the crowd changes in the atmosphere on the street changes.>> now we see the residences coming up in stores being filled out and it should be a great downtown in the years to come.>> ktvu fox 2 news . >>> celebrating the first semester of no tuition and up next the city colleges kickoff the academic year in the free city program turning the enrollment numbers around. >>> a lot of people seeing a warm and muggy start to the day and mark will tell us what we can expect for the end of the week. ♪ ♪ be a powerful force. nature valley at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than t

more high-rise residential housing is popping up with talk of amazon, adobe and google heading this way earth kind of shifted a month ago with google and you can feel the momentum changing. >> reporter: for this pair, they know how to do business in downtown, coming off the heels of paper plane on south first street and original gravity next-door. >> when you put quality establishments in place, the crowd kind of changes, and the atmosphere on the street changes. >> and now you see residences coming up, building stores getting sold out. it should be a really great downtown in the years to come. >> reporter: still in the design process, this place is set to open february or march of next year and attendance hopes to hire four people. >> i know you said they are doing 80s and 90s stuff but i am a 70s guy. are they going to have any old pinball machines? >> reporter: i am sure if you request, they will put it in there. i don't know if they will have like a music slot machine that you can get your music in there but you with your request for the owners to put it in there, i will let them kn

more i rise residential housing is popping up with amazon, adobe and google heading this way. >> thearth shifted a month ago with the google announcement and you can feel the momentum changing.>> reporter: with this pair they know how to do business downtown coming off of the heels of the success on south first street, the original gravity next door. >> we put the quality in place and the crowd changes and the atmosphere on the streets changes.>> now we see the residents coming up with the store spilling out and it should be a great downtown in the years to come. >> reporter: allie rasmus, ktvu fox 2 news. >>> it is 648 and let's check in with gasia mikaelian to see what's coming up . >> good morning. when i join you in minutes if the big juicy burgers your idea of the perfect meal try the new burger and it has nothing to do with meat. the big financial boost behind the impossible burger and it created right here in the bay area and we will tell you were to take a bite and what is in the beef less burger. >>> a relief for the freshman that had admission offers withdrawn two months be

to the tune of adobe bees song, our perfect weather ending right as the week starts, kathy? underway we're talking about unsettled weather an chance of showers and even thunderstorms over the weekend. but it's not all bad. we'll talk about that coming up. ♪ car wash owner remote town in chester county floored by how many people are showing up at his business. it's not because they're there to get their car washed. >> they're showing up but they want to snap picture of what's next door. our photojournalist bill rohrer has the story from elverson, chester county. >> it is so cool. >> reporter: we live life trying to find direct route to happiness. [ laughter ] for rick fry that route ended up in the post unpredictable place an acre of land next to his please wash me car wash in elverson, pennsylvania. >> tiny yellow flowers. >> thousands and thousands of sun flowers. >> reporter: at the attention of folks of 4.5 hours away. >> just to take pictures. >> here we go. sunflower. >> that's cute. >> i get you i've taken 15,000 pictures without any question at all. >> reporter: but w

you've got a couple of big guys in salesforce and oracle and adobe, but it's all the smaller playerse force competition. >> yeah, and -- and perhaps undercutting them on prices. gentlemen, apologies have to get it there we'll get those salesforce results in just a couple of minutes. appreciate your time. >>> it's a news alert on blue apron. aditi roy, what's happening there? >> they have let go of 14 members of its recruiting time as it ramps are up a new full millment center. the company also confirming its hr chief has resigned earlier this month blue apron says it's in the final stages of a search for a new hr chief, latest of troubles for the company that's seen its shares plunge more than 47% since its ipo. right now though, kelly, shares are at the moment up >> all right as we mentioned, blue apron yesterday below $1 billion, using its unicorn status at least for the time being thank you, adeathy >> up next, we're coming back with the closing count keown. >> former congressman dave camp will join us he'll talk tax reform and we'll see if parts of his plan from 2014 could be use

apple, adobe among those doing well joining us now, tom dignan, ubs head and rob sanderson managing directorwelcome to both of you tom, start with you. i mean, a number of tech names, especially lit big ones, have been doing particularly well apple is near its 52-week highs. but also around the time of, you know, when people tend to sell the news around the iphone announcement how do you protect yourself if you're an investor right now do you stay with the names or do something different? >> i think april sl interesting. there is a couple different ways to own it. can you own the stock or you can own some of the semiconductor companies that supply into apple and other companies. can you make a bet on mobility and a bet on content and rf and just the increase content within the phone. that may be a better way to do it >> rob, it is time to look more down stream versus the headline faang type names that have been leading so much of the rally this year? >> i think the participation at least across the internet secretary juror fairly broad a lot of the smaller caps have come up. true the mega ca

. >> you look at everybody from microsoft to oracle to adobe every one of them has been stroke, right. these guys are gaining market share. that's part of the biggest point i took away. and the growth continues to be there. plus 20% growth. i think i agree with you, guy, i think this stock will be higher in the next week i actually own calls, i bought them just before the call today. i still think it actually goes higher. >> you're talking cloud today at noon with vmw. >> yes, yep, red hat, vmw. somebody was talking about the strength and there was an upgrade. i believe they raised the price target as well. >> best cloud stock now is what? >> best? >> best. >> if you're going straight, strictly to the cloud -- >> i hate to put you on the spot. >> no, if you're going straight to the cloud, sale force an entire company, microsoft. >> steve weiss just texted, thanks for the shout-out. >> he says hi to tesla too, i'm sure playing golf on -- >> all ight, from the outspoke ceo to another who's leaving, chevron ceo john watson has announced his departure that sent options traders into a fren

and end this thing if this is adobe or anybody that they can continue to say we're not at the bottomis thing. at the end of the day it's just bank accounts. >> how many days can you come in and say it's bad again this is just a headline. >> the new samsung is out and you don't need a water bottle and extinguisher it seems like it's all systems go i was thinking we haven't sprayed the dog and i was thinking are they going to have that come with it. >> it's an external water bottle. >> always keep that in hand. >> it was 5-1 at the open. everyone was surprised up over 100 points for now the volume is not nearly as great. it's a slight image yesterday. let me show you the s&p futures overnight. some credit could be given the president here for the markets right now. the dollar lost ground and the stocks did move down a little bit after trump warned of a government shutdown if he didn't get to build the walls meantime, yesterday what were the leadership groups? semi-conductors, banks, bio tech what are the laggers today semi conductors, banks and bio tech that might have something to do

i intend to do so on that extra by the adobe to larry's. we will take a of different quotes from black activists and say this is a jeff sessions to what you think about it? >> host: are you doing a trolling to work? >> guest: it is called troll academy. so the last two are, i, allowed to say the last -- the dangers of cheap talk was decided to speak to american college campuses and america at large to the book i think a stunt that through to a much wider audience. we have sold well in excess of 100,000 copies of the book, first month i think i made 1.2 1.2 million in the first month on the book. we made so much more money now. >> host: that's actually. >> guest: it's doing really, really well. astonishing wealth and with a big hassle free speech i will invite all the people the left hates most votes. uc berkeley a weeklong celebration of mischiefmaking i think will do good things for the book. but yes, that kicks off my settlements to her. we have dates in south america, australia, london, germany sweden and, of course, all over the united

people have quickl quick adobe e wants one. [laughing] so i'm sure he said i need a colonoscopy.d a and he said, i called the va in wichita and said i want to do here h at home, and the va saidu sir, you can do that because you live within 40 miles of hayes40l and devon outpatient clinic.an n my veteran says no, no, no. i told the va, i've alreadyn' called the clinic in hayes. they don't do colonoscopies.a ic and the va says i'm sorry but there's a clinic within 40 miles of where you live. that it's that kind of stuff that makes no sense as we treat those who served our nation. so the request is what is to work to help you or someone you know or one of the health care providers, and it this programth is successful, it also up all the rest of us have access to health care because if we spend our dollars here, we're supporting the hospital, health care delivery system that peopl who are not veterans rely on.ret money spent at hospitals here, our doctors share helps uslthcae provide health care opportunities foror everyone. let me

because i'm still stuck on the fact that, you know, shouldn't you really be part of adobe?be part of microsoft? and by going towards the ipo route, are you kind of sticking a pencil in their eye saying, if you don't do this, we'll be public >> my view is that this is a strong, independent company. again, i don't see anything that would prevent them from being able to continue as a strong, independent company. and eventually a public one. obviously we'd have to, you know, entertain any appropriate offers in the future but at this point in time i think we're pretty focused on staying independent. >> thank you very much, dan. >> you're welcome. >>> when we come back, jim cramer's going to join us live from the new york stock exchange and tomorrow on "squawk box," an exclusive interview with your capital management ceo jamie dimon. he's going to joinon us set tomorrow 8:00 a.m. eastern time. we'll be right back. because, when you really, really want to be there, but you can't. at cognizant, we're helping today's leading media companies create more immersive ways to experience e

i don't necessarily proceed arizona to drop any further than it is right now at adobe that this dropping in the way shows a lack of interest from erin marine into that area. tucson as it is is the largest branch we have. i would probably say agents are somewhat around 80 total. it is more assets than anybody else and also flies more than anybody else. it is still a center caulk force in that western side of the united states. it has a large diversity of platforms. principal the uas flies out of their, more flight hours than any other. we have black hawks, citations for air interdictions and we have a yes 350s and and small fixed wing aircraft. it is a hub for us in the southwest region. >> chief luck, any comments on that? >> i would just add based on your opening statements that we are testing other things, other unmanned aerial systems to fill a gap and we will test some with the small uas in arizona here coming next month. so that is a gap filler or needed air requirements in southern arizona. in south texas and also testing them in vermont to see what the capability is. we have come

$850 billion market cap with that september 12th expected unveiling of the iphone 1, but microsoft, adobechs at all-time highs back to you. >> lululemon is reporting earnings today >> dietz is our bull. >> and we also have sam poser from susquehanna who is more cautious on the name thanks to you both david, set it up for us. what's there to like here? >> you've got the first mover in the biggest category, this athletic leisure and category. what's it going to e, david? it's going to be the increasing traction this company has with men. the marketing surveys are showing they are increasingly engaged. if my 19-year-old son is any example i think they love the shorts the shorts they wear and not the -- you're a bear because you're neutral on the stock. price target between 60 and 64. >> we think they have done a great job on executing on the engagement and they have had execution issues from process ezra taft benson getting enough quantity in the right place at the right time and until we see them put the whole thing together we're just a little bit staying on the sidelines for now. i do agr