. >>>> i'm bertha coombs in bosme. p on nightly business report, humana tlnl hub feels like a tech start upand that's the point as the medicare gnt makes a big push into digital health ♪ ♪ ♪ >>> califalnia and 22 other states are sui the trump administration. the states are challenging the white house decision to a revoke rule allowing california to set rugher car emission standards. something weorted on earlier this week. california has been able to set its own rule since the 1970s because it has the most cars rn thd of any state. and it struggles to meet air quality standards. >> health insurers are alwaysg lookor ways to make health care costs more m effective. and humana thinks the ansr may ie i boston, which has become a hot bed for health tech start-ups. here is bertha coombs. >> humanubigital health in boston has the look and feel of a tech start-up. >> it's personalizing to the members to use historical information. >> for the ceo that's the point. >> we're trying to bring different disciplines together to wrap

for that, bertha coombs, our eyes and ears today. >> a lot of eyes and ears.down market, the company priced overnight at the high end of the range had been looking for between 20 and $29 a share, 26 and $29, priced at 29, raising $1.1 billion, making it the seventh overall biggest deal this year to go public it has been a rough and tumble ride for unicorn brand name ipos, the ride hailing companies lyft and uber struggled, lyft having seen a new low just yesterday. slack also having seen a new low yesterday. smile direct that went public two weeks ago seeing a new low, down 38% from its debut. among the only ones of the big stellar names that's higher from its ipo is pinterest that one is up 45% the market continues to be ver cautious on these deals as they go forward the price at the top is certainly encouraging for the company and for the nasdaq which has seen a large number of ipos this year, some 50 ipos, raised more money initially than we have seen from the deals that they saw last year nonetheless, still one of those things people are watching as we see

. >> speaking of which, get the latest, bertha coombs watching for opening trade on the nasdaq. >> we't have opening price, they priced at $23 smile direct is a direct to consumer company with clear aligners this is a crowded field, however. they're focusing on the american market you have other up starts that are trying to do the same, going directly to customers, trying to bring the price down for people that need mild alignment, not folks like me that actually need the metal braces as well they're trying to disrupt an area pioneered by companies like align technology which is a parent company of invisalign part of the struggle is they looked to expand to china where they thought there would be tremendous demand but between moving production and trying to expand to that market, they've run into head winds. this is an area where a lot of folks are very interested in this, jim calls it a selfie market, a lot of folks prefer to see smiles be just that much better when they're doing selfies. nonetheless, very competitive these days for the nasdaq, the 50th health care ipo last year had

i'm bertha coombs at cnbc headquarters. here are today's top business headlines. wall street set to open higher this morning. the markets falling yesterday as investors dealt with developments on the u.s./china trade front and the implications of the whistle-blower complaint against president trump and the white house, now on pace for its second straight negative week but also the third positive month out of the last four. today we'll be watching for reports on durable goods sales, personal income and consumer sentiment. >>> door dash says it had a data breach affecting nearly 5 million customers, restaurants and delivery workers. the food delivery app says names, email ades histories, phone numbers and stored passwords could all have been accessed by hackers, some financial information was also exposed such as last four digits of payment cards but not the full number or security codes. doordash says the breach occurred in may but it didn't discover it until earlier this month. it primarily targeted people who signed up on or before april 5th of last year. >>> tes

for that, bertha coombs, our eyes and ears today. >>

bertha coombs has the details. >> it's for the third day in four, just edging lower.son we're not getting that big oomph from the tech sectors today you had apple and alphabet providing the upside, but they were waited down and offset by facebook and amazon. for the quarter, apple and alphabet have really been the outperformers, both with double-digit gains and when you take a look at the sectors, we're seeing the strength in chips, in hardware, software, the communications are lagging. software after having been so strong is now just flat. among the biggest losers are the chinese internet names, as we continue to see signs of slowing economy in china those names are dragging today and for the quarter, down double digits in many cases back over to you >> bertha, thanks so much for that >>> now pressure mounting on wework the company postponing its highly anticipated ipo and new reports today that ceo adam neumann's role at wework is in flux. he previously worked with start-ups including kpcompass. also with us, jonathan kiden, founder of torch capital, whose portfolio

thanks for that. >>> the nasdaq could close lauer for q3, breaking a two-quarter winning streak bertha coombs has more on what's moving the index >> it's a little bit of a divide, small caps are weaker this quarter, but the nasdaq 100 with large caps is on pace for a 1% gain, right up there with s&p and the dow. apple providing the most upside impact its market cap back north of $1 trillion after august swooned. semiconductors also recovering to be the best-performing tech sector this quarter led by chip equipment makers kla and lamb research, which both hit historic highs and both are up more than 70% year-to-date meantime, those high-profile ipos not the only ones suffering icarus-like falls. invisalign maker align technologies, once a high flyer, down for its third quarter in four and netflix, the worst performer of the f.a.a.n.g.s, tumbling nearly as much as it did during last year's fourth quarter back to you, wilf. >> let's get over to mike for today's market dashboard hey, mike. >> here's what is ahead. acore holding, that's one very important big stock doing a lot of work today. a cha

bertha coombs has those. >> hi, courtney.egaining that $1 trillion mark for the first time in 2019 and seeing its best day and at the highest levels we've seen for the stock since back in november when it was near all-time highs now it's only 4% from all-time high that's helping to boost the nasdaq composite and the nasdaq 100. what's stunning here in terms of that rotation has been the move into the beaten up small cap stocks, russell 2000 now up over 5% for the month much better than the rest of the other indexes. still just coming out of correction now over the last couple of sessions here and some of the big movers have been really beaten down, retail stocks, as bob was talking about some of these small caps have really seen some major moves here since september 1st over to you. >> bertha, thanks very much for that now the food and drug administration announcing today that it's developing plans to ban certain e-cigarettes, including flavored products. president trump speaking to reporters earlier today, explaining the adm

. >>> the tech sector outperforming the s&p 500 for this quarter let's go to bertha coombs at the nasdaqod morning, mike. apple a big reason why a big bounceback for apple this month really recouping all of its losses from last month and then some. apple up for a third straight quarter and getting back in that $1 trillion market cap neighborhood what we saw in terms of tech strength this month has been apple. and it brought chips up as well. so if you read that as a barometer on trade, it looks pretty good. overall. the faang names for the most part sitting out the month sitting out the quarter. alphabet among the few in that foursome that is to the upside this month but it is really been a stellar month when it comes to small caps small caps and midcaps have been the big outperformers this month. the small caps russell 2000 is down for the quarter, nonetheless what we have seen there has been rotation into small and midcap consumer names, consumer staples, consumer discretionary. and financial names, some of the big gainers include office depot, up nearly 30% for the month. and some of

to bertha coombs at the nasdaq, a lot of action today. >> a lot of action small companies are on pacethe russell 2000, in about three years. that's been the real gain. but in terms of getting us back toward new highs, two sector s very close the chip sector, 1% away about a point away from its closing high earlier this year little bit of pressure this morning after broadcom's results. pretty much in line, but the company pretty much saying with the situation in china, they just don't see a rebound still too uncertain looking ahead as they start thinking about 2020 they were downgraded this morning. communications is the other sector a standout also just a fraction away in terms of a point from its all time closing high continues to be mixed today. among the best performers here that have gotten us back to those highs, include activision/blizzard, take two, the gamers, and comcast up 11% smile direct club bouncing a little bit still below what had been their anticipated range here at 17 bucks. and it is for these big brand marquis names, unicorn, such a mixed result here on the nasdaq.

. >>> let's head to the nasdaq for today's biggest movers where bertha coombs has that information for, of course, was the big drag here. if you take apple and broadcomm and qualcomm, nearly 25% of the losses and the full impact of those 15% tariffs start to take effect here. also, we did have, though, a few tech names ducking the trend kla and lam research both up. they were higher today kla to a new all-time high and the consumer staples really the standouts on the day with pepsi up for a sixth straight day after gaining nearly 7% last month to a new all-time high back over to you guys. >> bertha, thank you very much for that. >>> up next, tracking hurricane dorian, the storm making the way up the atlantic coast. expanding in size and increasing its risk to florida and the carolinas. the latest when we return. name. if you are under attack, i recommend calling reputation defender. vo: there's more negativity online than ever. reputation defender ensures that when people check you out, they'll find more of the truth, not trash. if you have search results that are wrong or unfair, visi

over to bertha coombs at the nasdaq, more on what's moving on that market. >> up a few blocks from younasdaq in the red with everything else today. small caps also lowering interesting dom was talking about the russell 2000, the russell 2000 will lap its 52 week high. tomorrow and it is down 14% from one year ago. little better on the nasdaq composite overall. not in correction territory. apple, one of the big drags that we have seen over the last month as there have been concerns about growth, about slowdown in consumer spending, and also, of course, the tariffs. the apple watch is among the items that will be taxed with those new tariffs of 15% that are now in effect. the faang names, mixed result now, amazon, little bit higher, notwithstanding the fact that folks are worried about what all those tariffs will mean for consumer goods the only one of the faang names not in correction is alphabet. down about 8.5% from its 52 week high chips continue to be in focus as well they have come under pressure whenever% this month after falling about 2.5% in august just shy of that, off about 8.

bob pisani looking at the movers at the nyc bertha coombs does the same at the nasdaq bob, over to youas a difficult day. let me show it to you graphically. we started off with consumer sentiment around 10:00 that was a little disappointing. the president's speech emphasizing the negatives on china, saying it had not adopted promised reforms, consistently stole intellectual property, is that second circle there and and we had speaker pelosi making an announcement on impeachment later in the day and we turned around that the president tweeted he would be releasing a transcript of his conversation with the ukraine president tomorrow, but we still ended near the lows for the day. the usual suspects were down we saw banks down, saw goldman sachs and industrials down like cart pillar. a big down day many of the energy stocks with oil down. procter & gamble and walmart, as we've been noting, one of the few sectors on the upside. consumer names, those are historic highs for both of them. guys, back to you. >> bob, thank you very much for that the nasdaq jumpunderperforming other major average

julia, thank you >>> the nasdaq underperforming the broader market this week and bertha coombs looksst movers. >> among the week's biggest movers were chips. today you had broadcom weighing on the chip sector not sure when it's going to see a rebound with the situation in china. nonetheless, chips were among the best performers in big-cap tech this week apple certainly was among the big performers this week, as well, in terms of the point basis, it was the biggest contributor to the nasdaq's overall gains this week, up for the fourth week in five. software services were among the biggest losers they had been big winners earlier in the week, really kind of surged, actually. but at the end of the day, they were losers this week, but small caps overall were the biggest performers and we did see those financials, the regional banks doing especially way the regional bank index up 8% this week, morgan. back to you. >> i'll pick it up there, bertha thank you. >>> wework agreeing to sweeping governance changes today as the company facing mounting skepticism and a lower-than-expected valuatio

one thing that wasn't stimulative is the nasdaq after launch today, bertha coombs. >> yeah, not reallyds certainly not helping tech large tech cap, kind of a mixed picture. you've got apple up ahead of its event tomorrow hardware overall strong today, software kind of weak. chips are mets today, but it's really the smaller caps that are moving haigher. and a lot of those lagging sectors like retail today. new high for zumiez. michael's going to be moved into the s&p 400. retail is up about 6%. what tariffs are we talking about, right meantime, you've got the banks, as well. as those yields have come up, the banks are up 4% this month and among the leaders today. over to seema. >> the shift from defensive to more cyclical, economically sensitive sectors continues to play out in the second week of september. today, it was industrials, transports, financials, even energy seeing gains of 1%. the small caps, as you mentioned, quietly moving to the upside with a gain of more than 1% this as the dollar continues to weaken u.s. dollar now down about 7/10 of 1% in the month of september. within