a bearish bet. but when correlations are as low as they are, you try to find the winners because those outperform and rest of the market will lag or stay stagnant and trade back and forth. when you look at the banks and look at apple, we talked about earlier, those are the names you want to own. >> a quick important point, when you're buying calls or call spreads you are making an implicitly hedged bet to the upside. you're risking little and that's what we're doing here. only risking 1%. no harm in staying with it. >> when you look at the s&p financials, where do you see the most strength? regional banks? >> it's starting to where there was original leadership things, it's spilling over into not necessarily bank of america which has been lagging or not acting that well. you have online brokers and traditional brokers and money center banks and other certain insurance stocks are coming to life collectively. >> a lot of financials wsh among the cheapest stocks you can buy. blackstone was a good examp

our bet.here's the chart on the last two years meaning this period i've highlighted, here it is. and here are the lines. think we're going to the top of the trend. so another 5%, 6%. the setup now. our last quarter, big beat, being gap up. draw the lines this way. a setup, we think it's going to gap again. a better bet than betting it will miss. >> carter likes it on a technical basis. fundamentally a lot of catalysts not just avengers, "star wars," the merchandise sales surrounding star wars. >> julia mentioned, biggest opening weekend, until december 18th, when "star wars" comes out. listen, here's the thing. saw it i think with apple earlier in the week, too. the bull case is well known at this point. you have to assume that given the gap and the fact the stock is at all-time highs, stock is incorporating the good news. i'd be less inclined to see a gap like we saw last quarter. a bit unexpected. this quarter now i think the sentiment is that much higher. >> it's interesting, of course. thi

>> bigger bets have been on mayweather, the smaller bets on pacquiao.ion of the small bets has outdone the bigger bets on mayweather. >> even though mayweather is the heavy favorite in terms of odds makers, the average bettor sees the two fighters as evenly matched. so the manny bet is seen as a better value. and speaking of better values, hotel rates which had skyrocketed are now collapsing. some cases almost back to normal. heading into tonight, tomorrow night. so it pays to wait and it pays to wait because some of the retail value fight tickets themselves are coming down. you can get one for $2800. but it won't be this seat. or anywhere near it. >> it pays to wait to see your live shots, jane, because second to none. thanks so much for literally getting in the ring for us. >> there she is. >> more rocky than adrian today, jane wells. >>> who do you like? >> i'll tell you what i like? >> i like boxing in general. i like the fact that this is stealing some business back from mixed martial arts. >> i would love to see pacquiao win. >> steve wynn is doom

we're risking 1% to make the bullish bet.re's no harm staying with it. >> when you look at s&p 500 financials, where do you see the most strength? regional banks? >> it's starting -- whether there was original leadership -- it's spilling over to not necessarily bank of america which has been certain big insurance stocks are not acting well. importantly you have online brokers, traditional brokers, regional banks, money center banks and other center stocks coming to life collectively. >> a lot of financials were among the cheapest stocks you could buy. black stone was a good example. they have potential deals going on in the energy patch. these companies are poised to do well. they're cheap, poised to do well. good combination. >> next, reach into the pocket, send us a tweet. we'll read it. stay tuned. the "final call" is soon. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happe

i think 2017 is the best bet. everyone i have spoken to in brussels seems to think that 2017 is the safest bet for a referendum. guy: thank you very much. anna: stocks and sterling surge after david cameron's win defies expectations. guy: the labour party hangs in the balance after a snp landslide in scotland. anna: danny alexander and ed miliband lose their seats. guy: payrolls late, the election victory to deal with right now. manus cranny have the latest. manus: the agenda has moved on from the foreign exchange market to the equities. 10 billion pounds, 10 billion pounds into the trading day it has been added to the value of the u.k.. no price caps that is the news coming through lloyds. when will george osborne bring more of lloyds to the public in the united kingdom and at what price? recouping for the government. if you are outsourcing and you want efficiencies where else would you go apart from capita? every election year since 1987 the ftse 250 is where you absolutely make your money. approximately 18% ral

that's our bet.ere's the chart on the last two years, meaning this period that i've just highlighted, here it is. and here are the lines. we think we're going to the top of the trend. so, another 5%, 6%. and here's the setup right now. this was our last quarter, big beat, big gap up. you can draw the lines this way. a setup. we think it's going to gap again. a better bet than betting that it will miss. >> all right, so carter likes it on a technical basis. fundamentally, there are a lot of catalysts, "star wars" and all of the merchandise sales surrou surrounding that. >> julia mentioned this is going to be the biggest opening weekend, until december 18th when "star wars" comes out. here's the thing, and i think we saw this with apple earlier in the week. the book case is pretty well known at this point. given the gap and the fact that the stock is at all-time highs, the stock is incorporating a lot of this good news. so you know, i'd be less inclined to see a gaap like last quarter. i think that was

that means they bet on horses.hey will tell us there is a way to actually make money on betting on horses. >> you can invest in stock come a goes up a little. but to see live animals run 40,000 hour and you're getting paid handsomely, there is no better game, no better investment in the world than horses. ♪ tom: good morning, "bloomberg surveillance." olivia sterns pulled the short straw, she is with me today. let's get to a morning must-read. i think he is in his cottage in spain or something this morning will stop -- this morning. i went wild, george, when i saw that. is there a new effervescence on this may day that screams higher yields, better economies? george: number one, people are optimistic about the second quarter for u.s. growth. secondly, as we talked about earlier answer getting a little bit better in europe. i think that is where the pressure sits. we've seen a meaningful relight mission of bones. others have come higher. they have pushed higher. i think people are asking, is this just a technical re

guest: some sports are designed for betting. horse racing and betting go hand-in-hand. one of those sports that attracts people. this was so huge that it reignited people's passions for boxing. be took over 140,000 massive interest here in australia on the fight isets. . any bets for manny pacquiao running on president of philippines? guest: think he would be short odds. mayweather looks like it could be against a british boxer. we already have that price up three dollars. how much of it is these guys personalities? mayweather defending the title, an incredible record. but as he said, he is getting old. he has been at the top for a very long time. maybe he wants to and at the top. end at the top. guest: he's been around for a while. i don't think he needs the money, but if he wants it, he will be offered a huge amount to go back into the ring. against manny pacquiao again, the interest would be even bigger. whether or not he has a desire, it is up to him. the crowds want to see another fight between him and manny, so hopefully they can. angie: do you see another fight h

it's a bet. i'm betting 20 cents to pay out a dollar. it's a 4-1 payout. if the market drops 3%, i'm going to pay out four times my money. i'm trading in $100 and i'm going to get back $20. >> that's pretty good risk reward. those are the things we like to look at, what is the relationship between what you pay and what it would be worth. >> i think this makes a lot of sense. when volatility is low, spreads can still make sense, even in that environment. >> carter, you asked that in a pointed way, does vix help us at all. do you look at that? >> never. stick with the prime rip source. >> if you're looking at the s&p, though, in a way you are looking at the vix. the s&p has been extremely range bound. the futures are telling us it will likely remain range bound but expect it to go higher later in the year. q 3, q 4, that's what they're expecting. >> for everything options action, go to cnbc.com. it's the perfect complement to the memorial day weekend. so what are you kuwaiting for? here's what else is coming up. >> talk about a bank job -- >> put as many hun

our bet is here we bounce yet again and go on to make a new high.e would play home depot on the long side. if you are long, stay. if you are not, get some before the earnings. >> mike, what's your trade? >> home depot, better than 20% eps growth six years in a row. better than 5.5% revenue growth over a similar time frame. it is trading a little over the historical multiple, but the growth rates suggest that it's probably worth it. they are going to be announcing earnings. right now options are relatively cheap compared to how much the stock has historically moved. buy the june 113 calls for $2.60. you're risking a small percentage of the historical stock to make that bet. it has historically moved 3% the week of earnings. this is a simple way to make a bullish bet without risking much more than you would normally have to pay. >> do you like it? >> i like it for the technical reasons as much as the points carter laid out. i think when stocks trade around their trend lines, it makes sense to own stocks than being a seller. typically, what happens tho

you're risking a small percentage of the historical stock to make that bet.has historically moved 3% the week of earnings. this is a simple way to make a bullish bet without risking much. >> i like it for the technical reasons as much as the points carter laid out. i think when stocks trade around their trend lines, it makes sense to own stocks than being a seller. typically, what happens those stocks will bounce off the trend lines like carter pointed out and where you get the jump up and the bang for your buck. if you get a move higher here, i'd look to sell something else around it. volatility being so low, who knows how big that move is going to be but certainly this is the right time to make this kind of trade. >> might be the right item seasonally also for home depot to try and be in this trade. >> that's right. historically the home improvement retailers have done well at the tail ends of spring and into summer because of course that's when homeowners go out and buy lawn maintenance items and home improvements. this is the hot season. you often see a l

investors betting on a european recovery. the euro also adding fuel to the activity we've been seeing this year. how big of an opportunity is this for the banks and which do you think have the best exposure to the deal we're saying? >> u.s. central banks, jp morgan goldman sachs. and inan europe i would think of the likes of barclays deutsche and a very strong first quarter result on the back of a very stronger investment bank income. >> quick word on your thoughts on the us. thanking sector. this should be a great time given the potential rate hike inat the coming months. over $13 trillion is sitting in american bankn account or money market funds earning little or noit interest. is that already priced into the u.s. banking sector? >> irate rise would be possible for the banks but it would effect the financial assets and portfolio. the big topic is the lending growth. we saw the lending and it was suggesting that. we know they would have been lower thane expected. so very different from the european banks. >> we should point

bet bettors in vegas are cashing in. >> a lot of bets still to come. six or seven figures.oney is flowing. >> reporter: the fight's worldwide appeal is confirmation of mayweather's standing as the top earning athlete. impressive given his past. he served in jail for domestic violence years ago with multiple arrests on his record. yet, he remains a box office magnet. ap's tim dalgren wrote about it. despite the violent encounters even as the protest grows on social media. #no maypac. >> this is boxing. it is free market. floyd's out in the free market. he will make $180 million. >> the 11-time world champion. >> reporter: a packed out for friday's weigh-in. usually overlooked formality turned into a money maker for the charities. come tonight, the arena will be jammed with fans and a-list celebrities making the super bowl seem cheap with people asking for tens of thousands for a floor seat. mayweather has laughed his way to an eye opening bank roll during his career. regularly posting photos on social media. undefeated in the ring leaving the public to decide what matters mo

the bets might have something to do with grandpa.arles recently revealed he is hoping for a granddaughter. he will not be disappointed i'm sure no matter what. >> no. >>> no disappointment in the weather department especially if you thought yesterday was a little too hot. >> yes, identify been hearing all morning about how difficult it was to sleep last night. >> it was your fault. >> i know. >> you're just the messenger. >> i know. i know. i'm going to let you sleep better tonight. well, hopefully the weather will cooperate for sure. good morning everybody. here's a look at live doppler 7 hd. here's a look at southerly winds at half-moon bay. that's the southerly surge bringing the cooling trend. look at the clouds climbing up the coast this morning going to continue climbing up sonoma county coast as we head through the morning hours. look at what it's done to our temperatures lake ber said it was 80 as the world golf championship yesterday. today cloudy, breezy. 55 should be 54 at golden gate. 70 at sunny side. look at the low to

what's your bet tonight?. >> we had to just really condense for this next few minutes. ahead, who in the world are these guys at third and king street? and we got horsep bulldog: oh boy! mattress discounters memorial day sale! what's this? a queen size serta mattress and box spring set for just $397. mattress discounters has the largest selection of memory foam mattresses under one roof! serta iseries... icomfort... optimum... and wow! get up to four years interest-free financing on the entire tempur-pedic cloud collection! don't miss the memorial day sale. ♪ mattress discounters ♪ . >>> baseball up top on a megasports filled day. the a's are still going in texas and the giants another improbable outcome today with that other l.a. team. all metallica day at at&t. bottom second, giants in scoring position for aoki. two strike two rbi single opening the scoring. the giants were in business. in the fourth brandon crawford boom put it where the big boys blast 'em. at that point it was 3-1 san francisco. 7th innin

a lot of bets placed there but a lot of bets placed here this evening on the kentucky derby.cash joining us is peter the star of esquire's give me the glam horse players. >> and you are also more importantly expert handicapper. >> i hope. so tell us, what do we need to do to make some money? >> first off, you have got to get the gambler's bible. daily racing form. this is what my dad told me when i was 6 years old how to read. >> it has all the information, all the stats all the statistics, jockeys horses trainers. >> best kind of bet. >> first of all win. make it simple. horse wins you win. exacta first or second. make a box. first or second or second or first you still win. trifecta. you bet first second, third. >> okay. >> and then by box you mean? >> box so let's say in a trifecta box we can use four horses in the race we like if they run first, second or third three of those in that order you win. >> who are the topics going into tonight? >> today i like. how is he working out. i think he is the horse. >> somewhere where you differ from the top picks. >> is he big and hu

six-figure bets are very common on this fight.could go back to the pacquiao side. >> is this the biggest money fight ever for you all? >> it is. i've been in the sports book business for almost 30 years. and i've seen some pretty big fights in town. usually a big fight will handle somewhere between 20 million to 30 million. this one will double any fight we've done in the past. so that just shows you the magnitude of the cash coming in. >> that is really something. johnny, a big day in vegas tomorrow. good luck with all of it. we appreciate you being with us. >> thank you much. >>> tonight on "fast money," the good, bad and ugly for the week in the markets. i'll be at e-merge america 2015 in miami. >>> thank you for watching. the "closing bell" starts now. >>> hi everybody. welcome to the "closing bell" on this first trading day of the month, i'm kelly evans at the new york stock exchange. >> what happened to sell in may? they sold yesterday and we're back again. the do iw is up 166 points which is almost as good as manny pacquiao

♪ oh ♪ ♪ oh ♪ ♪ i bet you ♪ ♪ i bet you ♪ ♪ i bet you ♪ ♪ i bet you ♪ ♪ hey ♪ ♪ i bet you ♪ ♪ i bet you >> i'm with the bay area children's association. you've heard about all the suicides in the bay area and the bay area children's association is the organization trying to change that. >> we want to help raise money for you. we'll have more from out here in just moments. (music) hey! let me help with that. oh, thank you! (music) introducing the one-and-only volkswagen golf sportwagen. the sportier utility vehicle. >>> this morning on "today's take," grammy winner ciara on music, motherhood, and her bright future. then why this waterfall video has been viewed more than 6 million times. and sophia vergara speaks out about the embryo battle with her ex. coming up now. >> announcer: from nbc news this is "today's take" with al roker, natalie morales, willie geist and tamron hall. live from studio 1a in rockefeller plaza. >> all right. welcome to "today." it's a tuesday morning, may the 5th 2015. happy cinco de mayo. i'm willie along with al and tamron. ciara just rocked our plaza. >> she d

one hint they're all rich and they've all trade to bet against the bond market and lost. behind the latest billionaire investor who says bonds are the next big short after this break. plus, don't look now, be the u.s. is trailing germany by one of its widest margins since 1955. could this mean we may be on the verge of the next great catchup trade? a look at the chart you need to see. that's next. say neversettle. t-mobile agrees. never settle for verizon's overpriced gimmicks. try the un-carrier risk-free for 14 days you'll love it, or we'll pay for you to go back. over 20 million kids everyday in our country lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy affordable, kid-inspired chef-crafted food. we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboratio

we are covering at a break level yet again and we are betting it's going to break.ell las vegas sands if you have it. if you are a short seller try some. >> mike? >> the primary driver for the casinos has been mccow. every seines they had a crockdown on the revenues the revenues were hurt. in the las vegas sands you are looking at a top line revenue decline of 20%. this is not what we like to invest in. and it's not like it's terribly cheap when it's trading around 19 times what it's expected to earn this year. watch out, you don't want to short a stock like this, it was $60 in april. that's not the way to play it. buy the 50 put spread and they will the 45s for 65 septsds. in this manner you are going to rivlg less than $2 to make a bearish bet, a move it could make easily in a much shorter period of time and obviously try to press a short. this is really the only way to do it. >> great point. i mean you don't press a short with just outlaying capital and being short and caught off guard a. put spread makes sense here. i would say the casinos have been beaten down

♪ oh ♪ ♪ oh ♪ ♪ i bet you ♪ ♪ i bet you ♪ ♪ i bet you ♪ ♪ i bet you ♪ ♪ hey ♪ ♪ i bet you ♪ ♪ i bet youand the nbc 10 news app for. >>> let's get your forecast now with meteorologist bill henley. >> reading is reporting calm conditions light winds most of the day. sunshine with a warm start. another warm afternoon back into the 80s. view of the pocono mountains. nice breaks of sunshine and the temperatures are climbing. already in the pocono mountains, 67 degrees, 68 in allentown. 70s at this hour in philadelphia. >> philadelphia city council is pushing for stricter safety standards after the nbc 10 investigators dug into this propane explosion that killed two people in north philadelphia last summer. council members want to limit how much propane those trucks can carry and implement mandatory inspections every 90 days. they can inspect propane tanks on those trucks because right now it has no authority under state law. they're working to change that. >>> the aclu is challenging a law in delaware that requires gps monitoring of certain sex offenders. the organization filed a complaint y

internet.org may be his most audacious bet yet.eaturing an epic battle with google, drones, lasers, and stratospheric hot air balloons, to bring the internet to the farthest corners of the earth and win billions of new users in the process. our guest today on this special edition of "studio 1.0" is facebook founder and ceo mark zuckerberg. so first of all, you are a year and a half into this now. tell me your vision. and tell me what inspired you to do this. mark zuckerberg: when people are connected, we can just do some great things. we have the opportunity to get access to jobs, education, health, new kinds of communication. we bring people that we care about closer to us. it really makes a big difference. and the internet is how we connect to the modern world. but today, unfortunately, worldwide, only a little more than 1/3 of people have any access to the internet at all. it is around 2.7 billion people. and that means that 2/3 of people do not have any access to the internet. so that seems really off to me. you know, they are

i think the bet on salesforce is to say -- can we build intelligent apps together?driven apps are going to be the smart apps of the future. for example, salesforce bought a company last year that used technologies combined with microsoft data and technologies like exchange, and that delivered intelligent services to companies. cory: i'm going to back you up for a second. you said microsoft needs salesforce's engineers and their imagination? matt: i think that is correct. particularly about software as a service application. there are things it has done not just engineers, microsoft hasn't fully figured out yet, and that together they could build this next generation of smarter applications for the enterprise. cory: that is interesting. my excel spread sheets on this deal have been burning over the last couple of hours. i've been trying to look at ways it makes sense. salesforce, it is what it is but it is also a compilation of a bunch of recent acquisitions that have been very expensive to the company without delivering profit or free cash flow after the cost of tho

it is risky bet on a company that is already highly valued.e the run up we have seen in the last few days. that's why, you know, it is a big bet if that is something they are trying to evaluate here. certainly the rumors suggest they are. if so, it is not going to be just because cloud makes you better. salesforce.com expertise, cloud or microsoft is coming on strong and really the data analytic that you can embed into those solutions, that would be the bet. part of the reason that matters is there is a lot of usage and understanding in both what salesforce delivers in its own products as well as things built built on their -- built on their platform. emily: cory johnson with matt of madrona venture group. up next, are we in bubble territory? i'll speak with parker conrad, the c.e.o. of zenefits, which just raised $500 million. ♪ ♪ emily: this is "bloomberg west." i'm emily chang. the money keeps flowing for tech startups and shows no signs of slowing down. last week a payment startup firm raised $275 million. a drone maker pocketed $75 millio

i bet there was a lot of shorting in the euro today. fact is the euro has a long history of overcrowded trades in both bull and bear markets. and honestly we have never seen such a one-sided position in the euro futures, not even when the euro zone seemed in danger of falling apart. in other words, nobody has ever bet against a euro this aggressively before despite the fact the european economy is recovering. that's why garner thinks we're likely to see the same snap back rally in the euro we saw in days of 2008 2010 2012 all cases where this class of large speculateor shorted the euro too heavily and got wiped out. wouldn't that be something if that happens again? she says it most likely will. here's the bottom line. the charts as interpreted by carley garner suggest the recent rebound is still in its infancy. i believe her, even though i think few people do. and it jives with everything we have heard about europe's rebounding economy. remember, a stronger yuri is good news for tons of american companies, good news for the dow jones in

doesn't say how he bet or how he would have bet differently if he knew pacquiao was injured, but becauseaction it reports to be in behalf of everybody who bought a ticket and everybody who bet on the fight. so think about what would have to happen here. you would have to reverse engineer each one of these bets and try and figure out what money was lost as a result of people not being aware of mr. pacquiao's injuries if in fact he did have the injury before the fight. this would have a profound affect on gaming in las vegas where it is unlawful. it does appear that he was injured ahead of time that he did not answer this truthfully and that the public was not aware. >> wow, 120 million he's taking home. normally i'd say, you couldn't get much. if you split that several different ways -- >> 120 nol his company, so he's got to pay all of the expenses trainers db. >> gross amount. >> it a lot of money. >> we'll be watching this. >> only looking for five million, which tells me not a strong case. >> oh. look at the judge. >> they want a quick, down and dirty five and leave. >>> meanwhile, may

i bet that stinks.awful. >>> this young woman is angelica tanova the latest human barbie what her fans across the internet are calling her. she is 26 years old, but her story is shocking and strange and weird and it just makes you feel uncomfortable. now, she claims she has the unrealistic proportions of barbie a 28-inch waist, a 32e bra size and weighs about 90 points. she also claims that she had no cosmetic surgeries in order to achieve this look. the thing that is so disturbing about this story, her parents are the ones that got her into this. she, in fact as 26-year-old woman still lived with her parents. they pick out her clothes, dictate other diet. hired her a personal trainer. she's not allowed to date without a chaperone, namely her mother. never had a boyfriend. >> what's going on a 26-year-old woman has her parents controlling her and telling her what to wear. >> trying to get rich off her daughter's back. >> some argue that but making good off they are good looks. >> driving a porsche and h

this morning, the golden state warriors are up 1-30 in the -- 1-0 in the bet of seven at the oracle arena they proved, again, no lead is safe against them. amy hollyfield is at oracle arena with the big come back. amy? >> yes, we went further than that we are in dublin to show you that the golden state warriors spirit stretches all over the bay area. you saw the lights in the forecast in san francisco with meteorologist mike nicco. look the at windows in dublin, warriors spirit across the bay area and fans all over the bay area are feeling very happy. the warriors beat the rockets last night 110-106 the first game in the western conference finals making the finals for the first time in 39 years. before the game they were excited but it did not look that way when it started. they got off to a slow start down 16 points before finally waking up. later they tried to explain why it took a while to catch fire. >> we were a little we turned it on in the second quarter. if we do that we are hard to beat if we focus. >> look at the happy fans, celebrating as they left oracle arena. the warriors ha

buyingmost basic aspect, is a bet that turbulence will rise which happens when stocks fall. when you do not know what direction they will go in, a lot of traders say to bet that it will continue to whipsaw. that is what the trades today were about. experts say that it looks like someone was hedging. someone wanted a lot of protection. you do not know if they are related. 99 million, is that the biggest trade ever? veterans say it is one of them and indicates that traders want a lot of protection. vix jumped by the end of trading with 100 million trading today, the highest since december. all of the transactions happened at the same a second, spanning many individual trades. some say that an individual may have divided up trades so they would go through quicker. no proof they are connected. it is something that many people at.aghast what it underscores is that there are expectations of higher volatility creeping into the market. angie: if there is one consensus it is that there is no clear direction from the data. thank you from bat out of new york. -- that out of new york. s

so i'm betting that sequence could happen again. if it gets hit, we'll take a closer look to see if a big opportunity is once again upon us as it was last time. and talk about an area that's really heated up lately. have you seen this stock. i like cisco the best because it's the cheapest and safest. but i have to think it might bow too hot, maybe be careful go nothing to the quarter. and don't mean to bury the lead but we get the labor department nonfarm payroll rr report and yom rr i'm more fearful of this number than i have been in ages. employment's been the loan bright spot getting stronger a big number with lots of jobs created gives the feds the amo it needs to put through an imminent rate increase. and like i said it would be okay in the future instantly it would be bad for stocks. i think the market could go lower with more job creation and thats are because we'd fight the fed and that's always a wrong bed. and that could spur a decline in the dollar to boot and then we get a rally. that's an awful lot on the line for one s

it is not a bet on the court cable tv business.t is more a bet on the broadband, high-speed internet access. that is the story for the cable industry, and i think john malone recognizes this will be a very valuable business going forward. hence, the big investment in the industry. angie: all right, bloomberg paul sweeney. let's stick with it. time warner was the biggest mover on wall street, getting more than 12% at one point on that takeover news despite a rotter slumped on the s&p 500. let's get more of the market news. bloomberg's su keenan is joining us from new york. bigthe stronger dollar a part of this, driving stocks and the dollar lower, thomas added eight-year high against the yen on that stronger than forecasted economic data. everything from housing to manufacturing to consumer confidence coming in ahead of estimates, and that boosted the case for higher interest rates. debtor for the economy is worse for the market in the short term in terms of the trading because of the interest-rate outlook. now, we saw gold fall. an

emily: you bet on mobile before mobile was big. john: i bet on mobile in the year 2000. it's funny, i have people calling me, investors calling me, telling me that the money that you have, company money, belongs to them. it didn't belong to me. and then for me to invest, and waste it in areas like mobile, i may as well dividend it back to them. but thank god we did it. at that time we were stuck at a value of $2 billion. mobile took us to almost $6 billion. emily: what was the hardest thing you had to do at sybase? john: the initial rounds of letting people go, refocusing the company, and being able to convince the remaining employees and the people you try to recruit that there is a future. emily: and you eventually sold to s.a.p. john: eventually. long time. what, 13 years later? emily: people are telling you blackberry is already dead. john: yes. emily: why did you take this job? john: i think i flunked retirement. ♪ emily: you came out of sybase looking like a hero. with great ceo's and executives, there is often a myth about them that is boiled down to legend. what

my final advice if you really wanted to bet on american pharaoh and do it despite the advice not to betree option there. you can get the money whether he finishes first or second. you have an opportunity to make some "m" money. check it all out at cnbc.com. >> i'm the smart money, eric. that's what we all think. >> that's what you all think. >> you are the smart money. you're not going to wager a cent. >> no, no you want to wager on these good trades. if you take the placement. these are positive expected value trades. these have the opportunity to make money over the long term in a statistically significant way. >> you should be a stock market promoter. eric chemi back at headquarters. >>> if you're looking for a way to get to the preakness, rally bus connects you with other riders traveling to the same event. joining us here at post nine is founder and ceo of rally bus. welcome. >> thanks for having me on. >> i love this. why did he call it rally bus? it's because of the jon stewart rally on washington a couple years ago. >> that's how we started. jon stewart and colbert had a rally a

despite the slow down in chinese economic growth what's the catalyst here is it just a bet on central bank intervention? >> it's mainly excitement about future easing. it also feeds on itself. in china, it's mainly the retail investors that have been buying. they get more excited as the markets rise more but it's also

also betting on the royal baby name. we're revealing the most popular choice for the little princess before the announcement is made public. >>> well, the warriors are off to a great start on their road to a championship. they easily defeated the memphis grizzlies in game one today. >> they kanltcan't say they're sleeping on the job. nobody can say that. but turns out they are doing something. how the warriors are now using science to sleep better and be more rested for the big game. >> everyone tells us sleep is important. most people know you should aim for about 8 hours but that's all we know. sleep experts say elite athletes and the rest of us need to spend more time thinking about sleeping. >> keys to success on the court. the slash brothers. an energetic coach. the fans roaring. right? what about sleep? it may not score or rebound but the warriors believe better sleep is key to unlocking their full potential. >> sleep well every night. >> says the coach of a number one seeded playoff team but a few months back the

you can bet while these shareholders really love warren buffett.hey've been following him and charlie since they were young pups. they will ask pointed questions. they like to see him as the benevolent company owner. takes sharp elbows to run the world. we have big interviews. we'll ask two top shareholders mario and david in just a moment. i want to send it to liz mcdonald who has all the news. >> that's right, liz. big rally. you need those sharp elbows. in this market, even though the markets are up today, the dial up 165. the s&p better by about 20. the nasdaq up by more than 50 points. following yesterday's market sell-off. today's gains aren't enough to wipe out -- nicole petallides going to send it to you. investors seem to be tuning out the noise. we started the week with a white knuckled ride. it looks like the dow and the markets are coming back a little bit even though the volume is kind of light. nicole: yeah, and the volume is worth noting. yesterday was one of our heaviest days of 2015. today we're back to that average type volume. it

. >> reporter: thousands did bet.nd so many people got little charlotte's name right that the bookies are now looking at a majestic $1.5 million payout. britain so loves to wager on the royal family that one of the biggest chains of bookies here has already opened bets on the name of the duke and duchess's next child so this is your chance to get in early scott. >> pelley: liz palmer outside kensington palace. liz, thanks so much. with that we'll end the "cbs evening news" tonight. for all of us at cbs news all around the world. good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org >>> presenting princess charlotte. we have to the story behind how kate and william honored his mother lady di. >> and getting the duchess all done up just hours after giving birth. >> baby girl. >> what's the name? because i have money bet on it. >> kate's 4,000 dress in bedside blowout, how she got full hair makeup and wardrobe inside the hospital. >> and did prince charles steal the show? >> what

>>records when it comes to betting.e undefeated mayweather is the odds-on favorite and people are getting their bets in now. carter evans, cbs news, las vegas. >> axelrod: gas prices are up nationwide. this is not unusual for springtime as refiners change over to summer blendz but the hikes this year have been especially sharp. gas sup57 cents a gallon since january, according to a.a.a. jericka duncan has more. >> reporter: nationally, gas prices are up for the 18th day in a row. are new yorker vince oral uses an app to find the cheapest prices. >> i get ton the prices. they are so volatile, though. >> reporter: californians pay at least a dollar more than the national average. an explosion at a refinery in torrance and shutdowns at several other refineries are partly to blame. oil industry expert denton cinquegrana. >> outside of california, there are only a hand full of refineries that can make california-spec gasoline outside the united states. >> reporter: the price of a gallon is $2.61 least 20 cents higher than it

. >> i bet he does. >> i wouldn't be surprised if he does. >> watching record go round and round. >> how do you top this year. >> she's 25. >> man, she does look good. congratulations to her and he made 46 million-dollar. >> i quit. >> as a dj. >> where we're in the wrong business you are out of your mind. >> he is on the forbes list of the the world's highest paid dj's. >> he has two turntables and a microphone. >> it is more complicate then that mike, he has to necessity how to mix music you have to know. >> yes true. >> well, maybe -- >> he makes what. >> 46 million just last year. he is only 29. he plays one hub shows and he fees exceeding $200,000 each. >> yeah good it is okay, yeah. >> guess what he used to do. >> he used to be a stock by at a grocery store. >> can i be any good. >> this is him. >> i love this song. >> yes. >> he is playing somebody's music, cd. >> yeah. >> all right. >> kit cat kline in the control room, can you give me the top five maxxum hot list. >> he wants to see more woman. >> who is number two behind taylor swift, who would it be. >> i'm's still not ove

is that why icahn is making the bet on lyft?ink we can all agree that the chasm between lyft and uber is only widening. especially with the amount of money that uber now has in its coffers lyft feels the need to add to its war chest as well. but there are very few markets where there can only be one player and the fact that this is a new market, yes, it's a market that uber created. several years ago. i don't believe that it's one that there can only be one player in. but i think that quandary that's facing lyft right now is that it needs to figure out if we're not going to be able to compete against uber on scale, how can we compete? where can we compete? and i think that's probably what it will use this money to do. that being said. having such an active investor in your company when you're a private company, i mean i don't think that's anything that any start-up founder found a company thinking, you know at some point i would love to have carl icahn telling me what to do as a private company. i mean most of these companies wh

best bet is going to be in the morning hours. then as we get into your mother's day weekend, beautiful conditions. that dry air mass will return to the bay area. we will be in the low 70s in the south bay. same 40 peninsula. 60s for san francisco. east bay looks good to hit the mid 70s, tri-valley, mid to upper 70s for you and the same for the north bay. comfortable conditions. good air quality. we're looking good to hit normal highs as we get into this weekend. a tough spot typically this time of morning. we also have a traffic alert in palo alto. let's check on that. here's mike inouye. >> that's right. still tracking this crash. still blocking two lanes. top of your screen, see the flashing lights. two left lanes blocked by a fire crew on scene plumably the first to arrive to help with minor injuries reported. the jam all of the way back to half a mile on the approach. university avenue is where things start to slow down just south of this camera shot. we'll show you on the map. that's the worst of it for high why way 101. cen

then all bets are off.t's going to earn you a dreaded red card, fella, and a lecture from your coach on playing well with others. be nice now. >> and what is going on here? now that is the spirit. two mascots from rival teams trying to fire up the crowd. this guy loses his head, but he's not done. this is a flat-out donnybrook. get outta my way, peacemaker man. despite all the action, no harm done as these two warriors have the pro text of their suits to cushion the blows. ut hey, they sure are animals. >> if you really want to watch a fight, you will go to a hockey game, where sometimes you may get the thrill of watching players play hockey. after all, it is one of the few team sports out there where beating the crap out of your opponents is not only allowed, it is encouraged. this brawl is interesting when you look at one player's gesture of support for his teammates. atta boy, richie. way to take him out. i love you, man. >> many competitors follow the philosophy if it's got an engine and the ability to

>> i bet he is miserable. >> already? first day? >> he said he's always miserable. >> well, host on the late show for a final time last night. >> dave ended the show with some kind of heartfelt thought, couple of thank you. listen. >> curiously just thank you for being my family. i love you both. and really, nothing else matters, does it? i want to thank the folks at home. people come to up me all the time, and they say dave, i've been watching you since your morning show, and i always say have you thought about a complete psychological work up. the people who watch this show, there is nothing i can do to ever repay you. thank you for everything. you have given me everything. >> then the foo fighters came on. that was interesting. in fact they're on tour, they broke off the tour and wendt to the ed sullivan theser. >> casino of like a flashback. because they performed when he return after his heart surgery. >> yes. >> heart surgery, 15 years ago. >> so we will relive the best moments from the finale all morning long in case you miss

the information could have influenced some high stakes betting.n hit with a class-action lawsuit. seeking damages of up to 5 million dollars, pacquiao's trainer rushed to the press and said we thought we would postpone the fight but we thought the progress was good enough. >> one company is cashing in on the growing trend, it's called nature bok, and in essence it's a dialect consumer subscription snack service that's catching the interest of a lot of investors. >> and joining us is box ceo,. >> yeah. that's correct we've been very fortune to be growing really quickly and it's tapping into the customer go ahead and no healthier foods, and we're seeing that demand is the same across the country, regardless where you live . >> and it's civil a subscription service. you pay 19 95 and every month you get a box. here it is and it's full of what? five different healthy snacks. >> yeah. that's right it's full of five different snacks and as a customer you choose what you get so we have 120 different products, you can come in choose when you get, change t