has done a lot better than alibaba.ot of people thought once you separate these two, everybody's going to rush in to alibaba. nobody's going to care about yahoo! at all anymore. not the case. >> finally, meerkat, only a few weeks old but having an impact on the political scene. former white house senior adviser dan pfeiffer writing an op-ed with the headline "how meerkat is going to change the 2016 election" makes the argument meerkat can do for tv what blogs did for newspapers being easy and cheap to use. we did talk to the ceo last week and he told us about the company's focus going forward. take a listen. >> our main focus is more making sure the product is going to be solid and working, that every time you press that button, people will be tuning in and it will just work magically. >> what do you think, henry? does this smell like a fad or not? >> i think the concept that it makes it much easier to live stream is great. i think the challenge that these companies always had going back to ustream and just tv and other

should alibaba be afraid, very afraid? david: ba b. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world, to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. david: well it was way off today but the nasdaq did top 5000 this week for the first time since the dot-com bubble. what were the biggest winners and losers? liz: let's head back to nicole petallides on floor of new york stock exchange. there she is. >> dave and liz, i think it is really important you pointed that out. we're so in the thick of things. in big selloff you almost forget that the nasdaq hit the key 5000 mark. look at names that led the way this week. i know we're seeing some down arrows but nxt semi, for example, was up 15%. you can see vertex, baidu, all up about f

alibaba's gotten so big.ent that i think there's a sense that maybe they need to get put in their place. i think that's all it is. alibaba and jack, maneuvered political waters very well over the last 15 years. and i think they'll maneuver through these issues as well. >> okay. so it sounds like you think it's mostly sentiment at this point. what is going to be the fundamental catalyst that you can, you know, cite as a reason why the stock could actually recover it's losses that it's seen since it's high which was two days after singles day? at this point, it's basing these sort of issues, which you say we'll know, fine, then it has lock up expiration on the 18th of month. then it also has a bigger lock up expiration come this september with 16 billion shares could come to market. >> well, the lock up expiration, it's so liquid it can absorb supply. the drivers is simply going to be the fact that it's growing 30, 40%. it has 50% plus ian down margins. if it doubles it's earnings in the next two or three years

does alibaba want to play in u.s. tech? or does it give them a way -- does it give snapchat a way to get into china with ali baba's blessing and maybe the blessing of the government? david: those are two x and questions. certainly -- two excellent questions. certainly, it wants to be in the world's second-largest internet market. line and is growing like crazy, especially in asia. all of these communications-oriented companies, each that is somewhat different though, is competing with one another. if snapchat is super aggressive in its growth ambition, they have to be global. so they have to get in china. cory: i'm so interested in the chinese interest. we have a ton of viewers in hong kong and china and throughout asia. i feel like they want to know what is going on in silicon valley, not global tech. i wonder if this investment is a peak, a snapshot perhaps, what is going on for alibaba. david: there is another piece of it from their strategic challenges. alibaba is primarily a commerce company. it has become almost a con

owns 15.4% of alibaba. yahoo's!earnings report gave us the detailed plan they're going to split off into spinco 100% of the 15.4% stake and do it in a tax efficient manner. but given this stock trades on that stock, they've both been going down. baba, it's nothing in particular, i would argue, it's sort of seemingly a run of news. it started in some ways when the government -- when they got into a little spat very little. >> government i mean look this government is an activist government. the communist party controls everything. we forget they control everything. >> they try. >> well, i just think that they can make a statement and they can really hurt a company's earnings. remember singles day was the peak. >> yes. >> all down since singles day. we've got to wait for another singles day. year-over-year comparesons. >> 11/11. >> i need a catalyst to say it's time to go back in. you need a catalyst. something has to happen. pick up in the numbers. i don't know but -- >> headlines. >> they could have a very good quar

alibaba shares down again today. it now is off 29% from its record close as investors get wary about china's consumer growth. is that company, alibaba a canary in the coal mine for china? liz: even as the markets hit new highs, institutions, so-called, smart money, pouring coin into bond etfs. at the fastest pace since 2000 two? 2002? which herd should you follow, bonds or stocks? ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world, to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. >> wow, you cats hit the jackpot. there is enough food here to feed a lion. try to get it. try to get it. try to get the burger. >> what goes up, must come down. liz: that was pets.com sock puppet. bring in the panel. our own adam shapiro. jason,

. >> alibaba on edge after a lockup period expires allowing shareholders to sell more than 300 million shares. >> oracle profits drop but shares rise after hours after the data-based if i recall hikes it's dividend by 25%. welcome to the show. we're just getting some breaking news on 10 cents earnings. of course this is the chinese internet social media company. it says market competition has remained intense over the full year. the net profit has come in at 23.8 billion rmb versus 15.5 billion a year ago so a significant growth level there. rev muy was 78.9 billion cut last year. it was 60.44 there. recommended final dividend payment has come in at .3 hong kong dollars. chinese markets have closed. tencent up 1.6% already in today's trade. over the days it's basically flat. >> let's take a look at u.s. futures. it is a big day on wall street. the federal reserve monetary policy decision will come out at 2:00 p.m. eastern. the groundwork will be laid as to whether the fed plans to raise rates in the near term. we're looking at u.s. futures higher across the board despite the sell off i

now alibaba are investing in snap chat which would value it at $15 billion.rekindled recently after it talked with snap chat last summer. the chinese internet giant invested in several start ups including tango. >> getting a lot of attention this week. now you have alibaba from china. a lot of international interest. >> absolutely. the valuation of these unlisted tech companies continues to amaze me. >> that's why a lot of people say there's a bubble in the private market and not in the public market. something we continue to debate here on worldwide exchange. still to come the dollar is on a tear so we're taking a closer look at what's at stake for u.s. based exporters. the ceo joins us after this break to talk more. >>> a hand full of retailers may be bracing for an earnings impact. there's fears that the dollar continues to strengthen and may be deterred from going to shop in the u.s. it's also making it more expensive for americans to shop overhe seas. no it is not. it will be making it cheaper to shop overseas. >> exactly. one company or retailers in gen

and the lockup timeframe for alibaba's investors. how much pressure will that put on shares already down 19% year to date? welcome to market makers. i'm scarlet fu. joe: and i'm joe weisenthal in for eric -- erik schatzker today. i cannot wait to see what happens. i feel that for them that they are not here today. scarlet: we will try to make it up for them. federal reserve policymakers wrap up their today meeting -- two-day meeting and investors will be paying attention to what the fed doesn't say. janet yellen is likely to be questioned about the strong dollar and how it may affect monetary policy. you can watch that live right here on bloomberg television starting at 2:30 p.m. eastern time. benjamin netanyahu beat the odds. he beat back the challenge from his main rival and capture the most seats in yesterday's election stop now he must -- yesterday's election. now he must form a coalition. the hard work begins. netanyahu says there are issues that must be addressed immediately. netanyahu: we are facing great challenges ahead. i c

now to the lead, alibaba group is investing in snapchat. the mobile application at a value of $15 billion. the biggest chinese e-commerce him when he will buy a big check to do that. they were talking about raising $500 million and another round that would value them at $16 billion. joins us via skype, serena, big scoop. she is on the phone. we are glad to have you. this is a big deal. serena: it is. i'm at a conference in santa monica. the founder and ceo of snapchat will talk at 4:00 pacific time. it will be interesting to know what he says. knowing him he will not say anything. i learn that alibaba is investing for sure. evaluation of $15 billion. there are other investors in talks to invest. i'm trying to break more news, but remember alibaba was in talks last summer to invest $10 billion, then they ditched the plan because it was before their ipo. cory: it's fairly interesting the notion they are investing while they are raising another round at a higher valuation. i wonder what the other investors would have to say about that, someone

after the break alibaba's lockout expiration. 400 million shares could hit the market. we'll tell you how to play it coming up on "fast." >>> let's get some under the radar moves in bras. petrobras under pressure as a probe into an alleged kickback scheme surrounding the state-run oil company widens. ambassador says brazil could be the next paintree. >> it's been a pain trade. and i would argue that brazil's one of these places a lot of people have looked to over the last three or four years saying it was different in the e.m. context. everybody knows it. china has suffered as well as brazil. everybody knows the value and pet roh bras have been two of the worst investments you could make over five years. now the scandal. people think it could draw in dilma the president of the brazil. this weekend or the past couple days we've started to learn some major governors, the governor of the rio state some other major people that are part of the ruling party. so what happens here? first of all, there's going to be a protest this weekend where a lot of people think it will lead

you're not invested in alibaba. >> i invested in alibaba.n the chinese government with opaque accounting and fraud -- >> yes. >> why don't you vote with your feet? >> i like the original story, but now i'm -- i am starting to shake a little bit. i'm not totally shaken out of this name. this is not a company that just started in the last two years, three years, four years. this is a mature company. it's one of the reasons i liked it so much. it's interesting the timing of the government and some of these investigations. >> all right. let's turn our attention to the big business of golf. jason day dustin johnson in miami facing off against other pro athletes and dominic chu with us to set the zone. >> so we talk about this and what dustin and jason and host of tailor made adidas athletes do is bridge the gap between golf and other sports and show off the new products. i guess maybe we'll start with you guys, a couple questions about where you guys sit with your respective careers right now. dustin, maybe you first. you're on the comeback trail

want to bring your attention to shares of alibaba. morgan stanley cut it's price target to $132.30 to $110.80. now it's been a rough ride for alibaba over the past couple of weeks despite the unveiling of facial recognition. we should point out that tomorrow 437 million shares become eligible for sales as the ipo lockup period expires. we'll keep an eye on it and see what kind of selling we'll see. >> before we go to break let's remind you of the headlines. investors countdown as crude hovers near a six year low. benjamin netanyahu's party aiming for a 4th term and uber's ceo raises a possible ipo. we'll be back in a couple of minutes. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. >>> welcome back. let's have a quick look at european markets. it was a strong day yesterday and offered different reasons as to why the u.s. was strong. th

alibaba's online marketplace, t-mall. so, tim, the question to you is, would you rather alibaba or amazon? >> this is easy, because i have and i am long baba and i have no position at amazon. and especially if you look at these stocks year-to-date, amazon 22%, baba down 18%. we know the sentiment on baba is terrible. part of this is the seasonal element. the chinese new year at the wrong time. they're making significant fix investments. so the numbers in the short run might continue to get choppy. there is a lot of reasons why people are running scared. that's the reason you stay in this name. so beaten up, the valuation is decent. i like it. >> i agree with tim. i think you go with baba, but primarily because of the risk/reward. we bounced off 80. amazon to me, i'm not that excited about getting into it. it's a much better trade to get into alibaba. >> is there up side? >> i'm concerned and i own it with you, tim. i'm mostly concerned and looking at the two right now, what visa has been able to do this last quarter tells

. >> after the break, big day for alibaba.olding on to gains into the close, so it's bottomed out. mark maheni in the house. where might the real value lie in the market? our own bk dives into one active class you should be buying into. that's next. >>> still ahead on "fast money," the fed fueling a major rally in stocks. one trader said there's more money to be made in another asset class and a buy signal for alibaba. hundreds of shares hitting the market so why didn't the shares sell off in microsoft versus cisco, which is the better buy? debate that and you'll have a say on twitter. it is day two of our fast money madness challenge. you'll want to tweet us. let's start off with the stock rally. fed removing patient from its statement but implying a rate hike is not in the very near future. let's get to the chart of the day who made it over here. >> i did make it over here. the chart of the day, we talk about the s&p 500 which we all know obviously and the blue line is the crb index and the reason why i want to pull this up,

owns 384 million alibaba shares worth about $32 billion.effort to unlock value from the asian assets and return cash to shareholders. this latest move could strengthen defense against the activist starboard value which took a position last year. she argued it diminished the company's value by overspending on acquisitions. they urged them to cut costs and spin off it's stake in yahoo! japan and buy back $4 billion in stock. today is the deadline for shareholders to submit nominees to the board making it the last day a proxy fight could be launched. starboard has the loudest voice in the two years since she became ceo and yahoo! struggled to reshape it's business in an age of mobile devices and social media. yahoo! has about $8 billion in cash and short-term securities. it would reduce the amount she could spend on big acquisitions. last year they spent $800 million to buy two companies, brightroll and flurry. shares are up about 2%. guys over to you. >> i actually made that 93 seconds. you were a little bit over but a wonderful hit as ever.

sorry, bad. >> alibaba shares bopping today on an upgraded stifel one day before alibaba's $340 millionpires. that's actually 430 million shares, i believe. the stock has had a rough ride, down more than 18% this year so far. are there other ipos that deserve a second chance? let's bring in paul hickey. you've been going through the rubble and have three names. >> so alibaba, everyone focuses on that. let's look at some names that most people haven't heard of, but probably should. they usually offer a better opportunity. the first is diplomat pharmacy. they're a specialty pharmacy and biotech is the hottest sector in new drugs. the thing with most of these treatments, it's not popping a pill, they're hard to administer or very expensive. so you need a company to administer the drugs and to track them. diplomat does that. they just reported an earnings triple play, they beat earnings, raised revenue and guidance. that's a positive. the next is fresh pet. everyone who has pets pampers them like their children these days. and as we eat better, as humans eat better, the next logical extensi

stephanie: shares of alibaba are now at a post-ip load. -- ipo low. erik: it will take more to convince teenagers that abercrombie is hot again. good morning, everybody, welcome to "market makers" i'm erik shatzker. they are not below the price but below the finishing price on that day. stephanie: i would be calling all of those institutional investors that demanded allocation and then complain when they were cut back. this is your time to buy more stock. go for it. erik: this is the isn nonmanufacturing index measuring the services it economy. >> the service economy is the biggest part of the u.s. economy and we have an unexpected increase in the measurement tracking this part of the economy. 56.9, when economists were looking for a dip of 56.5. this is an increase from the prior month of 56.7. it indicates the service industry grew at a faster pace. anything above 50 marks growth. we have pretty much been growing since august. nevertheless, this is good news and shows bad weather was not a factor in this part of the economy in february and perhaps a

alibaba putting millions into its social media company.etails next. >>> a new scandal involving the u.s. secret service. what the agency is doing now to resolve the issues. >>> plus the search for survivors continues this morning, more than 24 hours after a military helicopter crashed on a florida beach. >>> a very good morning to you. live look outside a clear look overlooking san jose. christina has an interesting forecast for the weekend. 4:44 right now. >>> new this morning, google rolled out a new system for internet users to warn them of websites that secretly install programs on browsers. it can release ignoring ads or direct users to websites they didn't intended. google's system warns users if they're about to enter a website that distributes unwanted software. >>> snapchat got a big investment, chinese e-commerce giant alibaba invested $200 million in the california company. the latest big investors to buy stake in that company. yahoo! and venture capital firm kleiner perkins buyers made investments. snapchat has more than 100 mi

alibaba wentz public in the u.s. last year raising $25 billion.ie. >> wendy gillette at the new york stock exchange. thanks a lot, wendy. >>> when we return, donald trump's gift to golf's number one player. >>> and one school heads to the ncaa tournament for the first time ever. look at 'em! they're lovin' their vegetables. this is huge news! it's all thanks to our birds eye chef's favorites side dishes perfectly sauced or seasoned. what are you..? shh! i'm live tweeting. oh, boy. birds eye. so veggie good. you get used to food odors in your car. you think it smells fine but your passengers smell this.. eliminate odors you've gone noseblind to for up to 30 days with the febreze car vent clip. smells nice... so you and your passengers can breathe happy. brookside chocolate now has a crunch. brookside crunchy clusters - crispy multi-grains and sweet fruit-flavored pieces dipped in rich dark chocolate. discover brookside crunchy clusters. --- is likely-- just hours from being unveiled in san francisco. a family trip to the mall turns into a nightmare

now down to you. >> alibaba down 25% since the high in november. is alibaba hit a bottom.or analyst bullish on the stock. jeff killberg, kkm financial. bearish on the stock. rob, starting with you. in terms of the fundamentals there's concerns about counterfeit goods, brushing but when you just look at the technicals, there is a huge lockup expiration on march 18th. 429 million shares come to the market. come september 20th 16 billion shares will come to the market. at ipo, they sold 320 million shares. number of shares outstanding going to increase significantly. is there a reason to own the stock ahead of the two lockups? >> yeah i think there's a couple things you touched on there, but addressing the lockup expiration. it's always difficult with big supply coming into the market or potential supply. in the short term hard to navigate waters. a lot of people on the sidelines. it's a date circled for quite some time, and that's the conversation on the stock back to december how does it trade into and through the lock? it's not fundsmental. talking fundamentals is another

alibaba is trying to be aggressive with investing as we thought at the ipo, this is one way that they expand internationally without owning things 100%. that's no surprise. but this discrepancy between where we have been told that snapchat was looking and the deal is something worth looking into it. >> interesting because some reports say snapchat is still blocked in china. i haven't tried to use it in china -- and how much of a political lightning rod is alibaba willing to be to make such a sizable investment in something not allowed on the mainland. >> intel, shares falling after the company did warn on revenue guidance for the first quarter saying the change in outlook as a result of weaker than expected demand for desk top pcs and inventory levels across its pc supply chain called the most obvious warning of the year and still hurt about 5%. >> i don't know how obvious it was. i look at the transcript from the last earnings call. the ceo said our inventories as we exit q4 we're comfortable with where inventories are. cfo stacy smith went on to not dismiss the issues but more an is

talk about a green stocks, alibaba, nicole, finally somebody buying into alibaba.so cheap. >> 85 bucks and change. you know they recently hit the lows we saw this week. someone is stepping in. [closing bell ringing] they're fighting back trying to cooperate with the taiwan government. liz: here is the closing bell. those of us who grew up there know them well. david: what are the shahs of sunset boulevard. >> they take beautiful sunsets and anyway, we see how stocks are finishing up. we had been down more than 170 points, down 105. s&p struggling, down about nine. russell 2000, lower by four, about a third of a percent. david: we wanted to mention, one thing we didn't have a chance to with nicole, alcoa down significantly today, down 4%. there are all kinds of meanings, ways to interpret that we'll get into that with our panel. liz: meantime "after the bell" starts right now. let's get to it. david: so, breaking down today's action we have eric marshal

losing the lockup with alibaba

shares of alibaba could mount.y investors getting a chance to sell for the first time as the walk-off period ends. it affects 14% of alibaba's publicly traded shares. mark of agreements keep share prices stable after an ipo. those are your top headlines. under 30 minutes from the start of trading. let's count down with the top 10 headlines before the belt. -- the bell. michael holland joining me, a lix -- alex sherman as well. number 10, chanel. the fashion house says it would increase prices of its handbag in europe and cut event and china to eliminate price disparity caused by the weakening euro. press changes will take effect on april 8. if you pay the same for your purse in beijing as you do in berlin. michael: alex has been going to paris and then beijing. brendan: this has been my arbitrage trade. michael: we have currency swings, they do not go away. this is going to go on for a while. betty: is this going to be a sign of things to come? michael: sure. alex: it was sort of first apple. we saw apple do this w

if you want to be more aggressive, go to alibaba. i think five years from now -- charles: somebody saying you're flying a plane with one thing, my man. hope you got to a parachute. >> i'm riding a biotech. ptc therapeutics. all of the hits in the next five years, you'll make a lot of money. >> pfdi, the regional banks that have solid credit and 3.5% dividend here. >> still the disruptor, it's the fastest growing part of the economy, changing our lives, make us more productive. charles: to piggy back what you were saying, if someone is bold. wanted a beaten down blue chip name. ibm or mcdonald's, probably five years from now will be up 100%. >>> coming up, an ask payne speed round. ton of great questions. tweet me at cv payne. tbut at t. rowe price,et is never clear. we can help guide your retirement savings. our experience is one reason 100% of our retirement funds beat their 10-year lipper averages. so wherever your long-term goals take you, we can help you feel confident. request a prospectus or summary prospectus with investment i

alibaba sales growth maybe slowing down.ng ongoing issues with the chinese government for allegedly lack of oversight of its website. basically not doing enough on corruption. >> it is where the stock fell because sometimes you think a rival is a good result. i think it is the capacity and lack of transparency and corruption stuff that probably is this longer-term -- >>betty: what about lack of understanding? >> also j.d. topsails to which it makes it unclear what is going on. alibaba has a number of small problems. taiwan has asked it to leave. it is going through various issues with buyers faking sales in order to boost other sales. people higher up on the website have been manufacturing these fake sales that leads to credibility problems. alibaba is enormous and it will get bigger. these things are like small potatoes to me. betty: number 9 -- is wall street ironing eying the millenial's inheritance? targeting the potential financials of this generation working hard to crack the coke with cartoonish marketing slides. as a

alibaba is planning to invest in snapchat in a plan that would invest the start up at $15 billion. they plan to put 200 million dollars into the mobile app that allows users to send each other photos and videos that then disappear. coming up, we talk more fx. let's check on the single currency. we broke the 1.05 level earlier on. it is that 1.05 -- at 1.0592. we will have plenty more next. we also have some numbers before we had to break. the operating profit for full-year 2014. it is less than analysts expected. the 2015 outlook is more cautious. ♪ francine: welcome back to "the pulse." we are live on tv and radio and streaming on your tablet and phone. let's continue to talk currencies. we are back with geoffrey yu. before the break you were telling me that you don't see parity and this is not fair value for euro-dollar. we are currently at 1.0588. geoffrey: two things to bear in mind. when the fed talks about international development they are supportive of ecb policies. i don't think the euro matters as much as the canadian dollar and mexican peso for the fed targets. if you lo

shares of alibaba are falling to their lowest since the chinese e-commerce company debuted last fall. good afternoon. scarlet: this is in sharp contrast to their ipo last september when they jumped 38% on the first day. they rallied as much as 75% of to $119, but then a steady decline and now alibaba is only trading only 19% above its listing price. it has declined the most in 11 days. and yahoo! is also filing -- falling by the most in months. its rival chinese are my site -- chinese are my site is affected. and jd was told to leave the country in taiwan because of incorrect registering. and finally, a report says that alibaba pays people to pretend to be customers to pad sales figures. that does not help when you already have the chinese government using them of lack of oversight. there are still reasons to be positive in the long-term. if you consider its market position and its strong balance sheet. but i should leave you with one note, and that is there might be more pressure to sell in the next few weeks, because the march 17, company insiders can sell their shares when the lock

alibaba is seat at table for $200 million. using their own inflated currency right now to buy other inflated companies. it is always -- liz: like that, you know. >> yep. >> remember, it is, we were warned. it is in the headlines. don't say nobody warned us about this. liz: adam, here's the thing. 100 to 200 million monthly active users. >> yes. liz: people are going on snapchat. so they can prove that they have got the marketplace and they own it. does that give them more oomph. >> i would disagree they own it. first of all, they have had trouble, with regulators here in the united states, i could see why alibaba would want given their own fraud issues in china they would want a lot of things to disappear after 30 seconds. >> okay. >> this is not a hard technology to replicate. they could spend their money a little more wisely. liz: quickly to you, phil? what do you think? uber at 41 billion? that has things and people working there. >> valuation, valuations. when it comes to new applications forget about it. so many of these

piggybacking on alibaba as it opened a store on cmos.com. an driverless growth -- driverless cars will make the roads a lot safer. ♪ collect here is a look at the top stories we are following. amazon is trying to reach more shoppers in china, with hitching a ride with alibaba. amazon has struggled overseas. international sales made up just over one third of its revenue last year. widespread use of self driving cars could end 90% of all u.s. auto accidents, that is according to a new report from the consulting firm mckinsey. the report says thousands of deaths would be prevented and an annual savings of $190 billion in damages and health care costs. however, the firm predicts it will be another 15 years before there is mass adoption of the driverless cars. officials in northern illinois are letting a freight train that derailed and exploded just burn itself out. the tanker car went off to join me the mississippi river. people living nearby were evacuated. no injuries were reported. it's the second derailment of a tanker training as many month

alibaba stock flooding the market today. the lockup expiring.at the stock is doing right now. there it is. it's barely a mover joining us by the phone is an analyst at cantor fitzgerald. welcome back. >> thank you, sir. >> are you surprised that the stock is holding up as well as it is today? >> a little bit. little bit. although this has been discussed and talked about for quite some time. i mean i do think that over the next probably several months, it will be a bumpy ride. the stock, you know, settled above $100 for an extended period of time and lost quite a bit of its actually been one of the worst performers in our group, so the fact that it's still relatively flat on a day like this only tells you that people may have actually actd before the d-day. six months from now if today people are talking about the 437 million shares coming unlocked, six months from now we will see 1.6 billion shares or almost two-thirds of all shares outstanding. >> wow. >> the next six months will be interesting for this to say the least. >> you think the stock

alibaba is dominant in that marketplace. to the extent they choose to grow in north america, they are going to come into a much more competitive market with amazon and ebay. they want to make some international investments and want to grow the platform but they need to be careful. betty: thank you so much. coming up, the analysis by the fed. jim joins us. what does he have to say about this? ♪ betty: here's a look at our top stories this morning. raising hope for a potential merger -- it would create the world's biggest cement company. they're closer to a preliminary agreement. cox could drag on longer or fall apart entirely. another showdown happening in brussels. european leaders want the greek prime minister to draw up a plan to fix the economy in exchange for emergency loans. greece could run out of money in the next two weeks. job cuts coming to yahoos china operations. the company closing at beijing office eliminating 200-300 jobs. it had 12,000 workers worldwide at the end of 2014. yahoo! is currently under pressure f

they join alibaba. some of the many disasters.f you chase these on the first couple of days of triegd. the question is, is that a sign of the top or something more sinister. we'll discuss it. meufn♪ ♪ charles: all right, guys. got to blow the whistle. let's open up the next page from payne's investment playbook. all that glistens is not gold. often have you told that told. many a man's life has sold. that was from shakespeare. over the last couple of weeks, we've discussed all the signs that the market may have reached a top and may be ready to have a serious pullback. my goal is to get you guys to invest long-term. owners of great american businesses, i have to keep a heads-up for any type of -- i have to be fair and balanced. that's what i'll do for you. when viewing and crowd expert sent me her article about glitter as a sign of the top. i had to share it with you. matthew carpenter started a website, ship your enemies glitter. it was a marketing ploy. the media response was nuts. carpenter was overwhelmed. he put the site for

alibaba did miss. i don't want to own them right now. you saw it with facebook.ebook increased the offering. then everybody had a sell to pay taxes. and then, you know, i picked it up about 18 months later. matt: i'm okay with it too. you're also looking for talent. very tough to get good talent. when you have the better campus, bring more people in. most out of your employee at work. so i'm okay with that. that is the future. that's the way things are going. back in the day, big industrial plants that went up that were state-of-the-art. this is just new innovation. charles: you know, i think what they're not saying is that all these things have moat motes ard them. don't work for a high-tech company, you're broke. shuttle them under the ground and build a mote around them so the jealous folks won't come and seize it. >> let's point it out. literally techies are all closet techies. i have no problem as long as they're going to stay in business. what do we put in the empty buildings? we're having a hard time filling empty walmarts, much less something that looks l

or alibaba? >> baba because i feel like look at where we are reversing the means. this is a stock that's oversold. i'm long it. not long j.d. that's consistent. >> i'm long baba but in the short term i think j.d. absolutely sprints past baba for sure. >> all right. >>> coming up next, it is "fast money" madness. we're heading back to the internet space with the contest between sales force and yahoo!. the winner will move on to the next round and take an facebook for a battle for internet dominance. the loser will be eliminated. do not miss the heated dotcom debate right after the break. stay tuned. (trader vo) watching. waiting. for that moment, when right place meets right time. and when i find it, i go for it. (announcer vo) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps. and now, get up to a two-thousand-dollar cash bonus when you roll over your 401k or ira accounts. details at scottrade.com/retire. ♪ >>> it is time for our "fast money" madness tournament.

taiwan asking for removal of alibaba within six months.rcent, inflation adjusted. what surprise consumer stocks leading the game. >> they are doing great for the year. [closing bell ringing]. liz: don't count out american business and american consumer. the bells ring on wall street. is it a triple record? the number to beat for the s&p is 2115. we're at 2116. david: look at confetti. liz: the number to beat at leastfy thousand record is -- david: not historical record for nasdaq is 40 short of that. all the other indices are in record territory. russell 2000 is also in record territory, correct me if i'm wrong on that, rousers. looks like we are having one heck after monday. liz: here are the numbers. dow jones industrials up 152. truly nasdaq composite beats it on up a nearly full percenting. "after the bell" starts right now. don't move. david: we've got it all covered,

alibaba tessie 200 million in the mobile app.s snapchat a valuable start up. >> are you a snapchat user? >> know, but i'm too old to be. >> 35% of all people aged 18-29 use snapshot -- snapchat every day. >> can you still poke people on facebook? as i do not know. -- >> i do not know. it was a copy of snapchat. then they changed their name. you are talking about a service, exponential growth, new investors. one of the investors former tiger management. alix: alibaba talking about funding for the company is also funding a $20 million fund with china''s largest automaker. it helps to develop a connected car that may go on sale as early as next year. matt: this makes a lot more sense to me than snapchat. they are all into it. by do want to make a self driving car just like google. apple wants to make a connect some kind of car by 2023rd it is good alibaba will go with -- because nobody expects much from them. a chinese carmaker, very low-quality products. pimm: they will add joint venture with volkswagen. they do models with gm. >>

what is it in alibaba you see hopeful right now? >> i think we have arguably, one of the best internet commerce platforms in the world in alibaba. i think investors are missing the forest through the trees or maybe the trees through the forest but i think they're nitpicking this take rate or lockup expiration. when you have a company that is growing 30% plus a year on the top line, when you have an addressable market in china is just going to get bigger and bigger as they expand around the globe, i think you have a cheap company, all these things work out, as long as the company keeps growing. i have no doubt it will. i think it is a golden opportunity to step in to buy the company that will make investors money for years and years. david: mike binger, joe durant, alan knuckman, we'll check back in a couple minutes when s&p futures close. thank you very much. good discussion. cheryl: thank you, guys. first out of the gate, republican senator ted cruz from nexttexas announcing he is running for president. david: the senator made it o

alibaba's pay unit provides a similar service.ear from walt service. >> good luck seeing 3% service on any checking account. >>> from the apple watch hitting shelves to the news that xiaomi could be releasing an interest bearing mobile transactions are gaining traction among users. osama bedier the creator of google wallet and former paypal executive and now the ceo of point, a smart payment terminal. treat to have you at post nine. >> thanks for having me. >> let's start with the wallets. we've seen almost every company decide they need to find a way to provide a way for customers to store their money on their device. how can so many companies do it differently? >> well, you know, when it comes to moving money around that's the anchor of kumg mers, right. and everybody knows that to be able to bring in this new chapter of mobile commerce you have to be able to do the wallet thing well. a lot of guys trying. >> google is trying to figure out a new strategy for the wa wall wallet, amazon and paypal fighting over the same turf here.

let's zero in on alibaba this morning.hares in the green but the stock is near its lowest price since that ipo back in september. alibaba is also down nearly 22% this year. now during the ipo, we did ask executive chairman jack ma how much he really watches the stock price. here's what he had to say. >> when people have high expectation on you, the very important i tell myself and tell my team, be ourself. do whatever we believe is right. i don't dare to watch the stock price. this is the other people think who you are. when people think you are good you have to be sure whether you're really that good. when people think you're bad, we have to be clear whether we are really that bad. >> more on alibaba this morning. the company expanding on to american soil opening a new cloud data center in california. that's classic ma, right? customer first. shareholder second or sometimes third. >> yeah. >> when you wait to go public when your company is $200 billion and the growth is slowing, you know, what are you going to expect inve

alibaba bounce, as the chinese internet giant gets an upgrade is the stage set for a stock surge?e'll ask the analyst that made our call of the day. apple's aspirations, why today's tv streaming story merely sets the stage for a bigger play into your living room. we begin with the markets and what most certainly is the moment of truth for your money. a two-day if fed meeting with investors literally hanging on every word. in fact, not since qe first began in march '09 has so much been riding on a central bank statement. serrat, the guy with the money, got $4.5 billion under management. the market is literally hanging on one word, patience. >> right. >> if the fed removes it what's going to happen? >> i think the fed will be really deliberate, very transparent and take patient out they will say we're so data dependent going to watch what's going on, pay attention, because i think the fed really knows look what's happened to the euro, the dollar, look what's happened to oil. anything they say that's going to be out of norm will move markets up or down. i think you're going to get th

i don't care for alibaba stock. i like yahoo! stock. she's doing everything right.t more can these people sghan what do they want? what do they want? >> they want them to trim expenses which they feel are too high. when you look at per revenue, it's well below their peers. >> okay. they didn't have -- remember google has that gate search engine. the previous administration -- >> that i've heard from other people, right sizing the cost structure and achieving appropriate profit in the core business. maybe not make acquisitions. >> look does she have profitable growth for all? not yet. certainly going toward that way. the buyback has been additive. the company, the smoke comes through will be an excellent company that can make a lot of act question significants. >> again, you have to look at what they've done, been able to do in returning capital to shareholders making good decisions on capital allocations. that said it's the open question, can you revive this business? can you make this a growth business again? it is not. it is not. >> i'm not going to disagree, it's

the alibaba chairman is in germany at a conference talking about improving relations with europe's tech community. he says the day is coming when women will assume more power. jack ma: i strongly believe in the future, we will have a lot of women leaders because in the future people not only focus on muscle and power, they focus on wisdom. they focus on caring and response ability. cory: ma also showed off a product alibaba is working on that would allow people to make mobile payments using facial recognition technology. blackberry is reentering the tablet market hoping its reputation for security will turn the new product into a hit. blackberry is working with ibm and samsung. security software is the focus. the tablet is equipped with a security guard with encryption along with software that allows a user to separate personal and work apps. the c.b.o. is at the conference in hanover, germany. in toronto, the vice president of security compass let me start with you. is it possible to have a spy proof device of any kind? >> no, you cannot say anything is spy proof. what you can do is do

alibaba and so forth. yvonne: up to you, the list is there.er problem is the risk of default. the bond market, we are seeing quite a bit of distress. 11 companiesof yielding more than 15%. clearly one of the signs of stress. kt there is another company, aiza, that cloud live technology shifted completely. march 4, when they said there may be some uncertainties over paying back debt, and another ia, i willnter-mongol not get into details. but i think the narratives for the second quarter is different from what we have talking about in that there is a record amount of debt that has to be paid. $242 billion from april to june. a huge amount of interest payments and maturities. rate hikes have not helped. rates areinterest still fairly high compared to when it fell back in december. so something to watch. yvonne: we will be watching closely. thea campaigning hard or yen to become the reserve currency. the reserve minister putting the case before christine lagar at the development forum. christine ha has more from beijing. he was not scheduled to t

have you seen the hideous action of alibaba? timing is everything, like comedy. there seems to be some real regulatory issues here too. maybe it's because the nominally communist party is actually going communist. they seem to have it in for con consumption consumption. the bad news, no upturn yet. my sixth worry, unlike many of the come menmentators who think social security important for oil to stabilize, i think it needs to keep falling. we do want to see gasoline go down to 2 bucks and below. maybe that makes us nervous about what the fed will do, but i want real growth not fed induced growth. it just doesn't fit my thesis. not one day does a bear make. after initial downdraft, which i found very quizzical when i was interviewing the ceo on squawk on the street, autozone delivered a fine performance. best buy did a better than expected quarter. we know that we have had a huge rose-colored glass rally going on. without the glasses do you know what we see? we see pimples, whiteheads blackheads crow's feet. we need to see some fear in the market. we need for peo

this is the latest silicon valley deal and could help alibaba connect u.s.nese merchants and customers. the investment values snap chat at $15 million. >> box is the stock to watch this morning. they posted a bigger than expected loss in the first quarterly report as a public company but it was hit by higher operating expenses and one unusual note some analysts erroneously based estimates on an inaccurate share count. >> what? >> if you fix that the company posted a smaller than expected loss. >> kind of a key number. >> except it could be -- that's how many options. >> yeah. >> we're going to talk a little bit about medicationtationmeditation. i did meditation on the airplane yesterday. >> is it possible to do that. >> i needed to do it. we're going to talk about what it's all about. meditation at work is a booming trend among fortune 100 giants across america. ford aetna, google and green mountain coffee incorporating it into the work place. also people like dan doing it. and aetna one quarter of employees that took one class reported a 28% reduction in st

does a lot of that have to do with the success of alibaba last year? how much does that help boost sentiment? >> yeah absolutely. china's alibaba did help and the markets were closed for 18 months previous to that. when it opened up we had a pipeline of ipo companies ready to come up. we should note that regulatory change is ahead of us in china. really opening up the capital markets for more investors, more free flow activity. less regulated and of course there is growth in china. 7% is still very strong globally and we'll see more activity there in consumer markets in that domestic market. >> maria, thank you so much for joining us now. global vice chair strategic growth markets. >> let's take a look at the other top stories at this hour. lexmark is buying kofax for $1 billion. a deal that will double the company's software business. they're paying 11$11 a share. lexmark says the deal will add about 10 cents a share to its earnings this year. taking a look at shares up about 46%. a big mover here in the u.k. lexmark also moving to the upside up about