why would ali baba be bothering with this? >> i think this is important for ali baba.you look at consumption in china, and look at not the retail sales number from the government which includes government procurement and unsold inventory but if you look at the actual retail sales, you can see they're flat. though ali baba's ecommerce business will take a bigger share of retail sales, nonetheless, it's going to be limited by the long-term potential of consumption in china which i think is in real trouble. this is very important for ali ba because it's getting into a whole new line of business where there is amazing potential. for that -- so that's the most important thing for him. one thing he has to worry about is government regulations. they're trying to limb -- limit the number of foreign tv shows and movies streamed in china. there was a regulation recently dropping the requirement to 30% of shows that can be seen as foreign. >> corey, what do you see as more valuable to ali baba, the right to distribute the content in china or investing in u.s. studios directly, po

competitor. >> ali baba has a set top box.u know about the success of that? >> it's early days. they got that july deal with lionsgate which is going to help because "hunger games" and "mad men" are popular. they have a long way to go in china. any deal they do going forward is really going to be very important because jack ma doesn't do something unless he think he is can get approvals for it back in china. this may be an indication that the television censors are going to loosen up. and that would be very good news for hollywood and for jack ma. >> editor at large corey johnson and gordon chang author of "the coming collapse of china." twitter ceo dick costolo is making a shift from the company's core products while doing so -- details "request." ♪ >> he has built some of the world's biggest pop stars. justin bieber, ariana grande and carly rae jepsen. it started when scooter braun stumbled across a youtube video of a kid in a canadian talent show. that kid was justin bieber. braun is the manager who catapulted him to supers

so is yahoo really on the comeback trail or is it all ali baba? here's their take on whether yahoo really is making a comeback. >> it's organic growth, organic shrinkage in addition to the acquisition. so the company has spent over $1 billion in acquisition since marissa meyers arrived. we don't know because they haven't released -- they've done dozens of acquisitions but they haven't released the actual cost. so only in a few cases we know how much they spend, $1.1 billion for tumbler. but just think about that. and then on a year over year basis they see sales increase by $10 million that's not very impressive. so there are other metrics that look better. we saw 1.5% increase in sales. up 45% increase in operating profits after you strip out the ali baba gains which were substantial. so there are some signs of things improving. but fundamentally after all those acquisitions only 1-1/2% revenue growth means a lot of heavy lifting. >> now tom in new york, what's your initial read on these numbers? and that very same question is it yahoo or ali bab

, new valuation, maybe ali baba takes them out. this is all relatively good news for the stock. i think at this valuation, it's never been more interesting when we know where ali baba is. >> pete, you're watching ford. >> yeah, the just up side october 14 1/2 calls expiring october extend the tile. only 21 cents the price they're paying. look for up side. reporting earnings the 24th. if it they're right, these should perform. >>> coming up next, the netflix debate. should you side with mark cuban? we take a deeper dive right after this. sometimes, healthy's not on the menu. luckily, always keep my meta health bars handy. my favorite bar, hands down. from the makers of metamucil, new multi health meta health bars have natural psyllium fiber that helps promote heart health, with a taste that consumers prefer. would you like one of these instead? yummy! thanks! experience the meta effect, with our new multi health wellness line. and see how one small change can lead to good things. >>> time for pops and droppers. a pop for dollar tree

is it yahoo or is it ali baba that we're seeing? >> here's the thing.es growth has been very rare. that's been very elusive. so as cory pointed out at the risk of sounding too much in agreement with him, she's absolutely getting some of that sales growth that you want to have. there's also profit growth. she has been cutting jobs. the fact is this is not enough to appease concerns long term. there needs to be substantial movement of the needle and you're just not seeing it yet. it doesn't hurt that there was a big ups miss as a result soft gains that you saw from the ali baba stake sale. but you have an activist out there saying we want you to return more of this cash. we want it to be more meaningful than just half of what we've got. and there's a lot of concern about whether her acquisition strategy is the right one. >> we heard from a.o.l. ceo, saying we don't have any plans to merge with yahoo. we have a whole meeting tomorrow with our senior executives and yahoo is not part of it at all. is it realistic to think that's an option? >> it seems like t

they are sitting on cash from the ali baba stock sale.tock is up, but you got to give me the full story. nicole: you are absolutely right. with get the stock up 5.7%, $42.50. i spent on law on that. takes a little of the heat off of marissa meyer. she will continue her strategy, the big acquisition with tumbler, $1.1 billion but many other small startups will continue with that and as you noticed sitting on a son of cash after ali baba abseil. stuart: another one for you. target, they're going to offer free shipping all online orders from today until december 20th. how about the stock? >> is a big deal so let's look at the stock. in august, was out after the date of breach and stock is up 1/2%. you have to spend $50 to get the free shipping so it starts now. target.com through the 20th of december. expect more and bring in the customers for the holiday season. stuart: the stock has gone up to 62 at the time of the data breach of around 60 and below. thank you very much. i want to move on to ebola. look at johnson and johnson. they will be

the real juice is in freeing up the ali baba stakes. >> the stock went up a lot. is aol on board for this? they talk about, you know, synergies, cutting costs, display. >> i think -- i spoke to aol and they didn't want to comment. i think they'd probably be interested. a lot of scale. and my guess is starboard would want to put aol's management in charge. they went in there. there was a proxy fight and they lost. they wound up selling off these patents. the stock went up 43% in one day. i think starboard probably is pretty happy with aol's management. i could see it happening. >> let's get to real d. what's going on there? >> starboard, a lot of news this week. they anonced a stake in real d. they want to buy it. i think their view here is that just agitating is not enough. i want to run the company. so what it really does is they install this technology in movie theaters n get a cut of every ticket that's sold. they make something like $120 million a year in revenue. their ebitda is only about $50 million. it looks like they're just not managing the company well

stuart: when you look at aly baba, it is up to date. jeffries puts a target price of $118.ahoo! to a new high. and now, the walking dead. wildly popular show. it is about zombies taking over we are telling you it has a feel good message. sandra, look, i have not seen the show. tell me how this is full of family values and it is feel good when it is about family values. >> first off, you are missing out. it is a great show. i think it roots itself into character. they continue to fight for that family against great odds. people come together and form this kind of family and it is them against the zombies. i believe the total number of viewers is close to this. it is a huge ratings went. we have not seen that big of numbers and decades, really. you have people bleeding. they look awful. i just find it hard to believe that you pose the popularity against the gory mess of the it is actually a great point. it is gory. they want to see the horror and the girls in the action of it. some of the gore. for people that are maybe not comic book fans enjooing the show. everybody has to

it was a friday as everyone knows, ali baba, kind of ironic, biggest ipo in the history of markets. here's our low of wednesday. this is 9.1% from peak to trough. this ricochet from 18 to 20 slow exactly a 33% retracement. it leaves you right back at the kill zone. we think you fade this right here. it stops here. you are back to where all the dead bodies are. this is where there is overhead supply. we have come back to where interested sellers likely emerge. we think you sell the s&p right here. >> back into the kill zone. that's vivid. >> that doesn't sounds good. >> no. >> here's a situation that we have higher implied volatility, higher "options action" prices tan we've had for probably many weeks, even months him one of the things we kept highlighting is "options action" provisions were extremely low, go out, boy puts. what i will do here is take advantage of the fact that these premiums have been elevated a little bit. i will use a calendar put spread. i'm looking at the dequarterly, palm beach quarterly, 180 put spread. basically, what you are targeting is a decline of about

the company is making a windfall of $9 billion when it sold its shares of ali baba at the ipo.. california becomes the first state to ban plastic bags. this as california enters enters its fourth year of drought. don't build any dams of concern reservoirs. and the author of taxifornia has been done this show a lot. are statement is the greenies run california. our question is when will there be a revolt against the greenies running california? >> they are not going to be happy until the hour collecting our food in burlap sacks and maybe going back to getting our food with bows and arrows and collecting wild nuts and mushrooms but the reality is these regulations hurt for people. what jerry brown should be doing is banning poverty in california, not putting on these regulations. this plastic bag ban will really hurt the people who can afford it the least. is going to cost more for them to go to grocery stores. they will have to pay for their bags. connell: increase the cost $0.20 or $0.30. that is not a lot of money for me your you but it is another tax on poor people and this i

it was a friday as everyone knows, ali baba kind of ironic, biggest ipo in the history of markets. and here is our low of wednesday. this is 9.1% from peak to trough. but here is the problem. this ricochet from 1820 low to where we closed today is exactly a 33% retracement. and it leaves you right back at the kill zone. we think you fade this right here. we position it stops here. because you're back to where all the can tted dead bodies are. so we've come back to where interested sellers likely emerge. we think you sell the s&p right here. >> back into the kill zone. that's vivid. >> that doesn't sound good. >> no. >> here's a situation that we have higher implied volatility. higher options prices than we've had for even months. we kept highlighting the fact options prices were extremely low. just buy puts. what i will do is take advantage of the fact that these premiums have been elevated a little bit and i'll use a trade calling a calendar put spread. you can spend about $3 to buy that. basically what you're targeting is a decline of about 5% from here between now and december.

and partnering up with apple and what else ali baba is setting his sights on. >> four on the scone.esses couldn't believe the wardrobe and the lack thereof. try alka seltzer reliefchews. they work just as fast and are proven to taste better than tums smoothies assorted fruit. mmm... amazing. yeah, i get that a lot. alka seltzer heartburn reliefchews. enjoy the relief. but parallel parking isn't one you do a lof them.ings great. you're either too far from the curb. or too close to other cars... it's just a matter of time until you rip some guy's bumper off. so, here are your choices: take the bus. or get liberty mutual insurance. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. see car insurance in a whole new light. call liberty mutual insurance. if yand you're talking toevere rheumyour rheumatologiste me, about a biologic... this is humira. this is humira helping to relieve my pain and protect my joints from further damage. this is humira giving me new perspective. doctors have been prescribing humira for ten years. humira wor

obviously they've got the big windfall from ali baba which wasn't really counted and to the estimatesf the $.52 is really comparable to about $.33 where the estimate was in the $.32 were wall street was. and not as bad of a quarter as a lot of people thought it was going to be. >> on the markets, i'm julie hyman. ♪ >> you are watching "bloomberg west," where we cover innovation, technology and the future of business. i'm emily chang. raise money in a funding round led by google. other investors include kleiner perkins. the company says it will use the funding to accelerate product development and commercialize its mobile wearable system. why do tech giants want to be part of it yeah co fo? i will bring in the codirector of the augmented reality sector. leap'su seen magica ?technology yeah >> i have seen their vision and i hope they can deliver what they are promising because it looks fantastic. million worth$500 of faith in it. what do you make of the interest in this company yea? >> augmented reality user interfaces will be huge if someone can finally deliver a system that is usable.

still it was about negative two plus one.e in at they have the big windfall from ali baba, which wasounted into the estimate. that $.52 is not comparable to the $.33 for the estimates were. overall, not as bad of a quarter as many people thought. >> we will talk to lee again soon. ♪ >> you are watching "bloomberg west," where we cover innovation, technology and the future of business. i'm emily chang. augmented reality can make wales fly and make elephants fit into the palm of your hand. the secretive startup has been working with google and qualcomm. it magically raised in a funding $542 million round led by google. other investors include kleiner perkins. the company says it will use the funding to accelerate product development and commercialize its mobile wearable system. what could magic leaf be working on and why do tech giants want to be part of it? i will bring in the codirector of the augmented reality sector. have you seen magic leap's technology? what you think? >> i don't think anyone has seen their technology. i have seen their vision and i hope they can deliver what the

a. $100 a share ali baba worth $247 billion, only seven other companies with $4 trillion.ow look at apple. another new high. as of right now, 10628. there she goes. kohl's department stores chain lord its full profit forecast, as always happens, lower the forecast and down goes the stock. 54 on kohl's. another retailer for a moment will be costco. it will not open on thanksgiving because its employees deserve to have the day off to spend with their family. i don't think that will move the stock, but it does open the debate on who should be or should not be working on thanksgiving. give me your input. >> you have to read among the retailers. one in five americans think it is fun to shop on thanksgiving holiday. have americans disapprove on that. you see is down 1/4%, employes work hard during the holiday season and should enjoy this special day with their family. you have macy's last year which opened nearly and had record-setting day, and and we may see costco. they la want to work on thanksgiving day, probably not unless i have to. stuart: do you want to shop? nicole: i d

to back away from selling 122 million shares of ali baba on the day of the ipo.ks shrewd when you consider what a monster since it came public 40% ago. give her credit for keeping 122 million shares to participate in that move. one she's not getting credit for. people accuse her of spending like a drunken sailor. the only thing she spent like a drunken sailor on is yahoo!'s stock. buying 293 million shares at 26.37 per share. with yahoo! trading at $42 that was brilliant. pure genius. plus yahoo!'s stake is equal to the value of the company. at least pretax. she can monetize that in a more efficient way than people think. this stock is cheap. on top of it she made 1.6 billion in strategic acquisitions she get nos credit for. they brought in new commerce and good leaders. contrast it with google. a stock i love. it spent double that amount to buy nest, the smart thermostat maker. when i think it's not even worth half that. the ceo of honeywell said the same right here on "mad money." >> at that multiple they can have honeywell. i will follow the whole thing. >> ya

i would not -- i would buy at any weakness, but as good as it is, ali baba is even better. lance? >> caller: boo ya, cramer. i bought calls based on your recommendation and it kind of went down although apple has rallied pretty well. what do you think about it? >> it went up really big and came down off the microchip call then went back up when the business itself and i think the stock is a buy. it's all over the map right now but it is in the apple -- it's part of the apple payment system and we like it. we're sticking by nxpi. it did get too hot. not too hot anymore. all roads lead to verifone. there is much more "mad money" ahead, including what the headlines about ebola mean for your dollars. >>> best week of the year for stocks, we'll look at the week that was as i did say that the checklist said it would be a great week. first the company behind ugg has been expanding the comfortable cushion beyond your wardrobe. why is that leading to a contraction in the stock price. kind of puzzling. i'm looking for opportunity next. stick with cramer. ♪ there's confidence... then there's

ali baba has a payment system. everyone has moved towards the device, centered payment system. everybody has a device. >> what about at 7:00? >> we have talked about bees, bee colonies are disappearing. some of it has been sofd, we so. we have got less bees around. it is a very important business economically. why are we losing out on bees what difference does it make to you and what can you do it. tee up with honey in your tea. >> battling this cough, you know i'm interested. >>> most pilots for luft han da airlineluft hanlufthansaare sta. pilots are fighting with the airline over retirement benefits. now, the u.s. supreme court has cleared the way for a voter i.d. law in texas. and some experts say this one could prevent hundreds of thousands of people from voting. that next. plus a seemingly simple question that turned into a rather embarrassing moment in the colorado senate race. david schuster has the story in today's power politics. >> the united nations is preparing to impose sanctions on five high profile yemeni officials complu including the r president. >> sanctions f

that could actually show growth, even if it's something buying a yahoo where it can have a stake in ali baba( -- something current?okÑi i would say cool,ñr buto[i that kind of glib. netflix, and it should pick up ñó[ alto networks,3w yelpq socialm%bile. search Ñiinteractivity, connectivity, something that mobile, anythingxdi]. here's the bottom line, relevanceÑiq matter. the relevance that apple has in demonstrating tonight's quarter. honey well is the only one that got out in one piece. i wouldç"substitute an "i" for the çó+"h," except Ñibunci does soundñr like much of an aÑicrac but then maybe ibm isn't much of one anymore either. robert in pennsylvania? robert?qçóçó >> caller: happy boo-yah to9ok professorym cramer. >> i'll takexd it. what's going on? >> caller: i want to thank you for the past decade on the insight on the market. >> thank you, man. i'm!mut here every day. a big koshoutout to my friends espn who tv they like toçó listn to me every day, and thank you very much. ñgu >> caller: okay.ymo cf1 o hey,ñr we reported last thursda it beat earnings, trading 11 jim, is this a good in

. >> not overly concerned about ali baba. next up, golden upgrading garmin for a buy. >> it's up 1.65%. it's been an attractive entry point, it likes the gross story, loves garmin's return on investment capital as well. it's interesting, they're not that concerned about the apple watch. they're targeted at 64. >> the apple watch was one of the reasons it came off its highs in july and i guess the fact that makes it an attractive entry point. >>> up next, upgradeing mondelez. >> they said the recent challenges in the stock are a nice opportunity to own it at a more attractive valuation. i like the call. if you are an analyst. you love the stock, it goes down if price, you must love it more unless something fundamentally changed. pivotal research with a sell. >> herbalife flame covering flowers foods, slapping a sell rating, add a $14 target on the stock, that's about 20% below the current price. the back road trends of the store delivery models point to a long uphill slog. >> this is our under the radar name of the day. >> the

showed that mobile revenue was up and it made more than $6 million for its stake for its commerce ali babaday and i think tomorrow will be a lot like what we had for today. tonight it's a quiet one. we have mostly clear skies north of santa rosa. picking up on a little bit of cloud cover. we don't have to go too far north to actually see some rain. we've got light sprinkles over the north western corner of san francisco here. you can see eureka getting a little bit of light rain. for us it's going to be dry and mild for tomorrow. changes begin as early as thursday. we're going to show you that in the futurecast model. i want to show you this satellite view because it takes out the rain and it really gives you the idea of the circulation in the atmosphere. see all that cloud cover there streaming in over northern california. we're picking up some on the edge of sonoma county. take a look at what's happening here. this spin here in the gulf of alaska is the parent system that will be sending us more rain in the days ahead. i'm going to take you out all the way to friday. i'm going to pile a

. >> also, yahoo is reportedly about to invest a lot of money that it got from the ali baba ipo intopchat. it would give snapchat a valuation of $10 billion. that company has about 100 million users of its instant messaging service. that's where people second photographs and have a time limit of one to ten seconds on how long that photograph could be looked at before it disappears from the service. >> he the big board -- the big board, a big rally friday. off to a good start this morning as well. the dow up well over 80 points. nasdaq gaining 18. the s&p is higher by 10 points. back to you. >> jason brooks from kcbs news. thank you. >>> cupertino based apple appears ready to launch yet another product. >> it was just weeks ago apple unveiled the iphone 6. well, now the technology news website says apple will hold an event october 16 to highlight updates to its ipad line. they say apple will also show off new imacs and the latest osx operating system. >>> all right. 6:46. let's check in with elizabeth. a busy morning on the roadway. >> it has. out to fairfield. it's probably a new pro

i don't want to keep harping on this ali baba top, but that marked the high for the market that we've seen. the record high in the markets. and since then we're down by more than 4%. >> these make nice story, but the more important thing is what you just said, volatility is back to a level of normalcy to where it should be at this stage of a market, at this stage of valuations with the fed in play. doesn't surprise me and it's great to see on some level. what we've been say, you can trade around the edges. and one thing i mentioned friday, i threw my iwms back out there. they have proven to be something you can trade. the move in germany to me, i think it sets up to be the long side of a relative value trade which probably has either the iwm or even the ibb. we'll talk about biotech later. as the short side. i think volatility over here is picking up pace where i think europe despite the weakness everybody knows about some of the things that are priced this there. >> and i do believe this is a selloff you will see before the midterm election. i do believe we will bounce going into yea

ali baba, which ipo'd recently, when it comes to growth, companies that sell in china have a huge explosive path ahead of them. >> man, do they know how to march. >> everybody together now. >> thanks. >>> yes, yes, yes! whoo! >> bubbly is flying. one giant step closer to the world series now. one nlcs, to be exact. giants and the fans lookly sleeping in after a long night of celebrating. >> wake up. we've got to keep celebrating. game was torture until the end. giants took a two-run lead early, to have the game tied up by harper's home run in the seventh. giants retook the lead in the bottom of the inning thanks to the wild pitch. proved to be the winning run. giants beat the nationals, 3-2, and take the series. >> to be able to do it at home, you know, take the journey that we took, a lot of hard work, a lot of pulling every last bit, a lot of will. collective effort from the fans, players, from management. it's a great feeling and honor to have an opportunity to go to nlcs. >> we're celebrating with you this morning. next stop, st. louis for championship series rematch against the cardina

. >> a real help from ali baba.t of cash going back to spend what marissa talked about yesterday. million in after-tax this to the company. we have been made to promise we would send back at least $3 million. thathave more than half of on the mobile. their bread-and-butter, they're still losing out to facebook. >> everybody looking at the company and they use it as an opportunity. now that is beginning to disappear, the pressure starts to rise on her. at the moment, she is facing this one down. don't worry about it, i've got it. fact thated about the you have such big stakes in alibaba, sell them in a member bestpaying -- we have the minds the board looking at this and we will manage to write you are overall tax burden they said they might do spending. the next words are exactly how they say. they're going around splashing $1.6 million. you're basically buying companies for the leadership. a billion on tumblr is not a million? eyeballs --ting this is what she is trying to say about the overall company. i thought thi

we just put a ton of money into ali baba. kind of a cynical view of it. >> to be fair, this is not just obama being utterly unwilling to do anything that matters. this chinese hacking story goes back a long way. also, stuart, as you know, a powerful lobby. they are heavily dependent on it. you have american corporate heads rushing from washington. they can do whatever they want. we are afraid to do anything. stuart: stay there for a second. we will hold you past the commercial break. vice president joe biden. up next, another apology from mr. biden. he was telling the truth. we will find out what was going on in a moment. ♪ yo, bro, you on woo-woo? are you kidding me? everybody's on woo-woo! [elevator bell rings] woo-woo? lock and load, people! we're going all in on woo-woo! mark! comp us up a profile page! susie! write us some posts! i want sponsored woos. i want targeted woos. we need an ethnically ambiguous woo-woo mascot. dude. are you still on woo-woo? naaaahh, man, my mom's on woo-woo. ♪ so i can reach ally bank 24/7, b

ali baba shares hit a new lower earlier, $83.22, a new low earlier.etflix raising prices for its 4 k streaming video. that is superhd which is unusual if you see it for the first time. now will cost $11.99. chuck hegel's as global warming is among the most serious threats to our national security. says climate change, quote, has the potential to exacerbate many of the challenges we already confront from infectious diseases to armed insurgencies and to gratuitous new challenges in the future. colonel ralph peters is here. i am interested in the timing of this. america's defense secretary, overseas they are beating americans. isis, bombing isis isn't working and they are poised to take baghdad and we have the defense secretary of the united states saying climate change is something worthy of our attention right now? are you with me on this? >> i with secretary hazel on this. i think he has overstated it a bit. our military has to be able to walk and chew gum at the same time. you got to separate the military's long-term mission from the insanity of this

>> if you take out the game from is sale of ali baba, which $6.3 billion, they basically made $500 million compared to 297 in the previous quarter, not so bad. >> not so bad, but the operating income fell. what is troubling, when she talked about cutting costs -- the activist investor said we have to cut costs. she said we closed eight offices, carlsbad, oshkosh -- how many people were in those offices question mark seriously -- offices? seriously? they were also asked what were the traffic cost for mobile users. if simple question, but they fumbled their papers and said we do not have the number, we will call you later. like the cfo does not have that money. you know -- that number. you know they have that number and it is costing them a ton. >> what is the path forward? do you agree they should break up and investors deserve to realize the gains that are built into the alibaba stake and the yahoo! japan stake, and we should really be given an opportunity to know what yahoo!'s core business is truly worth? >> i think what she is doing is good for the company right now. have is a reason to

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currently faces a number of challenges including what to do with the money that you who reaps from ali baba's'm not up to speed on this. to me, this is a huge deal. >> yahoo! strategy is the holding company for alibaba stock. >> now what? >> i feel like we keep reporting on john who out of force of habit. i don't know what they do or what they have to offer. >> the yahoo! party was like a hot ticket. >> but isn't that a symptom of pathetic declined? >> yes, i do. that was a great band in the 1960's, pathetic decline. >> with the u.s. economy holding its own for now, the u.s. dollar trend will likely persist but it has become crowded. our guest david woo puts this into context to reconsider the recovering risk. until last week, we had u.s. dollar and stocks outperform at the same time. that is not normal, is it? >> no. the dollar and u.s. equity used to have a negative correlation because the dollar safe haven status. in the last two or three months, we assume that correlation turning positive, which shows you there is an aggressive shift into u.s. assets. >> there's a strong fundamental ratio

were to sell its stake in ali baba. what would be left?5 years down from -- down the .oad from the internet boom >> i like that, evolution and not revolution. robert, i want to go back to the first point you made, which is what boards do to deal with activism. what are the best kind of board members that are equipped to deal with activist investors? is it the ceo? >> you could have various kinds of backgrounds, but you need to have a mindset on the board that we want to look at ourselves like an outsider would. in my experience working with boards 25 to 30 years, a good board, regardless of the backgrounds, will want to get an outsider to take a hard look at themselves and say, where would an outsider look to find value? figure in the capital allocation, the construction of our business portfolio, or even in the margins of our business the criticismse from outside? whatever your background, the need to look at that from the outside. those that do not, they will probably have to look at their board competition and get a group of people that

cheryl: i wonder what the owners of ali baba and their relationship with the chinese government, willthe presidential suite? i have been to this week, the waldorf and a lot of the events, it needs to be redone, they will put the money in and redo wallboard from top to bottom. will be before renovation. stuart: what do you think is wrong with the presidential suite at the waldorf-astoria? cheryl: i couldn't find air footage. basically it is old, musty, the drapes, the carpeting, everything is just old. they have got to redo that old thing top to bottom. me and i will sign up for the job. stuart: still like the color scheme? >> the waldorf itself needs to be redone. come on. it is lawsuit central. all these different former investors and current retail space centers in the plaza. i will set the waldorf, probably, i can't confirm this but probably turn some of these into a condos and sell it. imagine owning an apartment at the waldorf-astoria? how many foreign buyers will line up to head millions of dollars to own their own apartment at the waldorf-astoria. stuart: i can't get a word in

knowr ali baba, we do not what these psivida corp said they are going to do, but tim cook has said thate and that is a part of the conversation that will take place. jack ma was in california meeting with some executives in the search for content. >> that is what we learned. it appears that they want to buy movie content from hollywood because the content costs have gone up so much in recent years due to competition in china. you have several companies competing for the same business. if they were able to strike some deals that would give them a competitive advantage, that would help them get further in the business. at tim chen with a look cook and jack ma. next, special encounters of the financial kind. we be talking to a chief executive. ♪ a big week for earnings. we have a bunch of bits and bobs of economic data out. all the key events coming out of the u.s. the next few days. week ahead ofig us. on monday, u.s. health officials will begin monitoring travelers from the west african nations of guinea, liberia, and sara lyons for ebola as they come into the country through five major

allah baba is a -- ali baba is a worldwide company that should help that situation. >> and you thinktside of china? other markets are so different. >> i think they will play very well outside. >> do they have to do that through acquisitions or could they do that organically? >> both ways. >> and china is such a big market that as julian says. you can't ignore that market and you are going to have to play well in it. facebook, which is banned there, you saw mark zuckerberg trying to charm the chinese with his own chinese. >> wait till they hear julian robertson and his own chinese. >> i have a pretty elaborate flop right on the table. >> betty lui "in the loop." we'll be right back with more "bloomberg surveillance" and julian robertson. ♪ >> good morning, everyone. "bloomberg surveillance." dr. brammer will join us on monday with a geo politics of 2014. ian bremmer on the many fronts of our new world order. we say good morning. with us, julian robertson and mike bloomberg has joined us as we talk philanthropy in new york. mr. robertson and mr. bloomberg go back many years figuring wh

ali baba. to ebola. we now have a face with a name. , eric duncan.ok at least three different flights to get to dallas from library of. now listen to doctor marc siegel this morning. >> we cannot quarantine everyone for 21 days. it will not work. when the numbers get a lot higher, if they ever do, then we will have to talk about stopping plane flight. what is the downside of checking temperatures. >> all right. what are we allowed to do? >> after i shared the first part of the sentiment, there is an a legal basis. a scientific basis for stopping flights or quarantining large groups of people at the airport. >> there is no legal basis. the government can, against the will of people who are in fact did, quarantine them. it can't quarantine people who are ill and the client treatment. >> can you have a plan load of people. one of the people on that plane has some symptoms of ebola. >> you cannot quarantine anyone without any symptoms. the government has to be scrupulous. exposure does not mean infection. then the government could quarantine whoever was

do not forget their heavy involvement in ali baba. >> let's not forget that.was at the 79th and change level. john hofmeister joins us from houston. i just want to fantasize for a second. i just want to think how much oil we could produce if we went gung ho and america. we drilled on federal lands. tell me. how could could it be? >> i think we could get 12 million barrels a day. if we shift it to more fuels from natural gas, we have so much natural gas we could reduce imports by another 3 million barrels a day. we could be north american independent if we let loose and really went after it. i want to get into america's energy production. i think we have the saudis on our side. how do you see this geopolitics of oil? prices have dropped quickly. as long as the prices are lower, it would not surprise me if they are not testing the low range of the oil price. nobody knows exactly what the price is worth the costs are. stuart: at the moment, we and the saudis together, we are pushing the price down. >> it could quickly caught back. global demand is still on the ri

basically to your question because we had a economy actually session in beijing just in august and ali babawas there and we looked at the terms of business to consumer, how it improved and also to look at the policy implications behind how do you facilitate that to allow others to grow and to continue to do business and consumers. >> one thing i would add to that in the initiatives i think that we usually do have the consumer in mind it's not just about the business. i mean, the supply chain chain for example, yes many transactions have been between companies then at the end of the day we are trying to help businesses produce the time to get the product and into consumers more quickly and efficiently. so, the consumers have been in the business where everybody benefits on the work we do on the supply-chain and i think that any of the initiatives that we have similarly are very expensive in that regard. >> do you have policies to make sure there is a program of consultation i can speak for the experience in the united states where it's actually part of congress direction to the executive bra

ali baba just went public this week. jack ma, the leader behind the firm, is actually starting to do some philanthropy inside china. he's worried about air pollution from andy's focus very much on the environment. of course he's cognizant of kind of billionaire activism. it can get you in trouble in your home government. so he keeps telling government official i want to work with you. like, i'm not working against you on this issue. something there are lots of interesting things going on in this area. we are out of time but i want to thank our panelists, peter, ruth, john and brody, i think your comments really added a lot and really push you learned your insights. for those of you what books, we have them out in the hallway. so thank you very much for coming. [applause] >> every weekend booktv offers programming focus on nonfiction authors and books. keep watching for more to c-span2 and watch any of our past programs online at booktv.org. ♪ ♪ ♪ >> welcome to boulder, colorado, on booktv. located at the foothills of the

ali baba is public. they have all these franchises and properties that make no sense to me.a strategy for me. so i don't expect much from yahoo! other than they got a lot of cash. >> are we expecting to hear some sort of strategy? >> that's right. we've heard that they will refresh their strategy. they need to talk about cost cutting and how they will change their acquisition strategy. >> she should still be stirring the ship and not let activists came in and take over. say trust me, i'll do something smart with it. would argue yahoo! has uninteresting products, but they're a terribly interesting company. >> and we haven't talked that much about texas instruments. what is the message from today broadly speaking? >> everything electronic pretty much using analog chips. texas instruments is big in that. a surprise from them is kind of meaningful especially since ibm gave a bearish take on september. it tells you the whole world is sliding down hill. >> and what will you be watching tomorrow? >> i love earnings season. and what i'm looking for is strong earnings in the third qu

henry ford was called nuts, and crazy jack was named that for creating ali baba, but riskier is not doingg all. it's not just a compliment, but if you're not crazy, you're not thinking big enough. >> you started a path yourself with endeavor, how did that come about? >> i decided to help entrepreneurs in emerging markets working in 20 countries, including the u.s., but no one felt it was possible to take risk in countries where ten families controlled most of the resources, and we supported a thousand entrepreneurs who created 400,000 jobs and $7 billion in revenue annually, and it's because they believed in themselves, gave themselves permission. what we found holds people back is not financial or structural barriers, but giving yourself permission to move forward with your dream. >> so when you look through the list, what jumps out the most? what were the things you wanted to make sure, aside from making sure it was not just the kids from the valley. >> you mentioned rowling, and she wrote harry potter after being fired from her job as a secretary, and blakely sold fax mere es for two y

>> i think you have to go back to the week of the ali baba ipo. this is a liquidation. this is an institutional liquidation. there is hedge funds getting squeezed in an environment where they're not making money. we're probably tend of that trade. i think the market needs some time. one of the things i mentioned to before you we came on air that's very important is that the corrections we've had over the last couple of years have always been buffered by corporate activity, by buy backs. if you think for a second right now we're in earnings period. so 80% of the s&p 500 reporting, they can't buy back the stock right now. they'll come back november 1st, full force. november historically is one of the more significant months for buy backs. markets are going to be sloppy until the end of the month. >> and much cheaper values, i might add, too. >> markets will be sloppy until the end of the month. i think november you'll get the potential -- i don't think you take out the highs for the year. i do think the selloff we see right nbegins to abate. >> aprbigail doolittle, you th