josh lipton has the details. >> only 28 technology companies entered the u.s. public markets this year. that's compared to 62 last year and some of those companies that did make a public debut haven't exactly wowed investors. pure storage is trading around it's ipo price of $17 and cloud storage company box is now some 40% off it's recent high. but there are reasons to believe there could be more tech exits in 2016. for one, more start ups might get dragged into the public markets. analysts say their valuations price them for perfection while the results came in somewhere below perfect. as a result, the private markets may no longer be as receptive forcing them to go public. names to watch, drop box, and jawbone which track and analyze venture capital. beyond being pushed into the public markets analysts highlight a smaller pipeline of companies that are solid enough to consider a public debut. using a range of metrics says companies to watch include many focused on areas such as analytics, data centers and securi security. the four they mentioned specifically,

josh lipton in san francisco. >>> hollywood showed up in force for the premier of the new "star wars" film. disney closed down four blocks on hollywood boulevard and screened the film in not one, but three theaters last night. our cameras caught up with disney's ceo bob iger who said he never could have predict the the amount of interest in the film. not just in the u.s. but worldwide. >> when we bought lucas film, i knew that there was global interest in "star wars" movies. hadn't been a film out in ten years. it hadn't really even been released in certain parts of the world. so while we had strong instincts about level of interest and what it might do, we had no idea and i will say to you in all honesty standing here tonight, the interest shown worldwide has exceeded those expectations by a lot. >> for more "star wars" theme movies are due out by 2020. >>> finally tonight, if you're traveling this holiday season, you'll have lots of company. holiday travelers will top over 1 million for first time ever. that's nearly be lly one-third population that plan to travel. it is the second

josh lipton explains. >> reporter: san francisco loves its you the mexican food, los angeles apparently has a drinking problem, and we all need our caffeine. that is what the lyfty awards tell us. among lyft passengers, the most visited restaurant this year was tacolicious. that's a san francisco restaurant where you can order fish tacos, guacamole and very solid margaritas. most visited bar the abby in los angeles. finally, sorry he peats, but when lyft passengers need their caffeine fix, they head to starbucks. lyft won't say exactly how many passengers got dropped off at starbucks in 2015, let's just say vente, the company says. lyft continues to raise a lot of money from investors, a total now of $1.3 billion at a nearly $5 billion valuation according to cb insights. the question though is how lyft can compete with its arch rival uber which has raised nearly $8 billion and is operating in 67 countries around the world. but floodgate, a vc firm that invests in lyft says that the global ride sharing market is big enough to accommodate many players and lyft will be one. she points the

josh lipton has that story for us. josh. >> well, david, check out the top apps in the app store this morning. it's clear that fit bit has a lot of fans. the most sought after free apps right now include youtube and instagram. but fit bit taking the silver, coming in at number two. that would suggest that a lot of people receive new fit bits for the holidays and downloaded the app to activate those devices. charlie anderson of doherty and company who covers fit bit says the device actually was number one on christmas day and that is a big jump. it was number 18 last year, he says. and it's not just the app store. saying fit bit is number 10 on the google play store as well. analysts had been reporting strong sales of fit bit. the team in a recent note saying their checks suggesting that sales of fit bit have been, quote, exploding since that soft black friday. fit bit still up nearly 50% from its ipo price of 20 bucks per share. however, down about 40% from that all-time high of $52. analysts saying recent data indicate

for cnbc, i'm josh lipton in san francisco. >> all right. the stars came from near and far away monday night for one of the most anticipated hollywood premieres in recent memories. star wars the force awakens held the world debut in los angeles and super fans turn out in force along with an army of storm troopers and a few special robots you may recognize. cnbc was able to catch up with a few of the people new and old that helped make the film and what the star wars legacy means to them. >> it was like coming back to star wars which is pretty bizarre but kind of great and i was delighted to be back. >> it feels really amazing and like the fact that it's touched so many people blows my mind and the fact that it will continue to is just the best. >> i'm hopeful that people will feel the way i do about the performances in the movie and the work the whole crew has done but i also know that he's right, there is no way to really live up to certain projections and, you know, this better be the best film of all time kind of thing. we're working real

. >> and oracle, let's get to josh lipton with the latest on that call. josh? >> well, melissa, that oracle stock given up the modest gains we saw initially after the report after oracle katz ceo said eps was 63 cents to 66 cents and revenue growth flat to 3%. but larry allison isn't worried. listen to how he talked about the cloud business and how it should grow from here. >> oracle is a first company to market a complete cloud from mid-side to large enterprises. by pioneering this market we have become the market leader with over 1500 cloud erp customers. cloud erp is now our fastest-growing fast application sweep. >> the co-ceo said they should see improved service next year. and when it come totz cloud, they have better people and better people. i'll get on the call and bring you more headlines as they come. >> josh lipton. thank you. >> and the stock was down 13% on the day. they guided down. they missed the guide down. a slight miss here. they talk about the software and the platform is a service. it was 30% year-over-year. but here is the thing, the comp

josh lipton, thanks.ing of mythical creatures, "star wars: the force awakens" shattering box office records over the weekend. 1 out of every 3 tickets for the domestic opening was purchased through fandango's online and ticketing channels. joining us now, the president of fandango, which is a unit of nbc universal. paul, put this into context, how big is this compared to your typical really big movie on fandango? >> this is absolutely huge. this movie, 37% of the sales were done on fandango, which is giant, gargantuan. >> why do you think it's that different from usual? is it because the audience skews towards the fandango user? is it because people are purchasing in advance and they've been trained like that for this movie? what is it? >> well, first off, going into "star wars," we've already had a huge year. fandango is up 58% year over year. so we've seen just a ton of moviegoers adopting mobile as their platform of choice. reserve seating has grown a lot in the u.s. but i think this movie is its own c

josh lipton lays out his predictions for tech in just a moment, let's see how he fared for his picks r this year. josh predicted the crowded wearables space would get smaller thanks to consolidation. he was right there. with intel buying rykon instruments and fossil acquiring miss fit. he also said gopro would get into drones. he was right again with the gopro karma getting set to launch next year. he also predicted we would see more problems for tablets with the ipad being the lone exception. he was half right there. tablet sales continue to suffer but not even apple has been immune to that trend. >> all right. what's josh predicting for 2016? take a look. >> first, tim cook is proven right. apple stock has gone basically nowhere this year as analysts have become increasingly skeptical about future iphone sales growth. prediction, apple will surprise the street and grow iphone units, boosted by a powerful upgrade cycle and lots of new fans in china. second, alphabet keeps marching higher, the company formerly known as google skyrocketed this year and in 2016 those gains will continue

for cnbc, i'm josh lipton in san francisco. >> pier 1 imports is cutting it's guidance after saying a drop in same store sales amid soft customer traffic. the home goods retailer continues to be challenged by the decline in the casual in store shopper and added it reflects a modest start to the holiday season so far amid a very competitive promotional environment. pier 1 falling 15% in after hours and down in frank further trade. >> hilton worldwide is reportedly seeking approval to spin off it's hotel properties and to a real estate investment trust. the move would be tax free and the company is pursuing a blessing for the irs. the transaction would involve most of the 147 properties hilton owns across the globe. in october it raised it's full year guidance held by higher occupancy and rates. german trade up by 1.7. now shares in other hotel moves also moving higher on the back of that hilton news. accor making gains up over 4% and now over 5% in paris trade. >> this after buying up in the last few days. a buyout possibly coming from cerberus and close to a deal to buy most of avon's

let's go to our josh lipton at one market in san francisco. josh. >> john, only 28 technology companies entered the u.s. public markets this year. that's compared to 62 last year. and 48 the year before according to deal logic. some of those tech companies haven't exactly wowed investors. pure storage for example is just barely over its ipo price of 17 bucks. and box has been another disappointment. the cloud storage company is down some 7% from its january ipo price of $14. still, box's aaron levy tells us going public was the right decision and encourages other start-ups to do the same. >> i think if you wait too long, you don't necessarily build the right kind of operations. you don't set yourself up for building a long-term durable public company. certainly when you're public, you do operate on a different rhythm with a different type of mind-set. and i think that's actually in many ways healthy. >> now, as we roll into 2016, will there be a pickup in tech ipos? that's the question. expects there will be. and three on his radar, stripe, clo

now the company is making a big bet on gamers to try to turn the stock around, here is josh lipton. >mers can now get their fix of action packed video. gopro announcing today its channel will now be available on the play station 4 and play station 3. the app will allow millions of gamers to stream gopro content on demand. the hope for the bulls, that gopro releases a new camera that wows consumers, upgrades its software and sells more drone than the street expects. back to you guys. >> robert frank is with us here. the stock down just, you know, 70% this year, but nick woodman, the ceo, high school classmate of josh lipton just bought a yacht. >> he did instead, instead of goproing his surf boards he can gopro his mega yacht. he bought an a yaut somewhere between 30 and $40 million. the boat won't be delivered -- it can do a trans athletic trip, it's perfect for cruising the med or caribbean. it's got a pool, helicopter, touch pad, plenty of space to keep your jet skis and all those gopro tools. woodman has seen his wealth cut by 2/3. when he bought thor boat he was worth $2 billion n

josh lipton has the story in san francisco. >> well, it is a big new title for jeff williams.e is now going to be apple's chief operating officer. >> he is also in charge of apple wash. some might think there's a succession plan in place since this was tim cook's old job. apple now grooming jeff williams as the next ceo. sources of the company telling me this is not the intention of this promotion. this is simply a recognition, they say, of jeff's contributions. tim cook, by the way, in a statement saying williams is hands down the best operations executive he has worked with. other big changes to mention here, phil schillor will remain apple's head of marketing, but he picks p a new responsibility as well. he is now going to lead the company's app store. that, of course, has become a significant business for apple helping to fuel the company's record $5 billion in services revenue last quarter. natural question then is what that means for eddie cue, apple's media head. the company telling me he will remain in charge of apple's content. that means apple music, apple pay, and a

josh lipton out west. speaking of go pro founder nick woodman is spending some serious money.ert frank has that story for us. he will be able to ride the waves on a mega yacht. he bought 180 foot kwaut from the dutch shipbuilder. it will be delivered in 2017. it's expected to cost between $35 million and $40 million. neither woodman would comment on the boat. here are pictures of the type of yacht that woodman is buying. it's not his yacht. it's the type of yacht. it can accommodate 14 guests, has a crew of 12 to 13 people and can do a trans-atlantic trip covering 4,500 nautical miles. perfect for cruising the med or the caribbean. plenty of space in the stern beach club to house swret skis underwater scooters and lots of other go pro friendly toys. gopro stock has fallen. now, this summer when he bought the boat he was worth over $2 billion. now his share is worth $650 million. at least he got a good deal on the boat. the price of this vote is in euros, so the strong dollar means he is getting a multi-million dollar discount. one consolation for him there. back to you. >> peo

let's head out to one market in san francisco where our josh lipton is joined by bessimer's byron dieterrshz. >> byron, thank you for joining us. >> my pleasure. >> i want to start with actually box today, byron, because you guys were early investors. you see the stock popping this morning on this partnership news with sales force. they have performed well. the market is going through the understanding process. we look oot that as a positive data point in the sense that they're trading at $1.6 billion to $2 billion. they're a successful company by all measures. it does cause us to be very sensitive to entry valuations, particularly for late stage investments. knowing that the public market is fairly conservative right now about these investmentsed. >> have you seen byron, in your portfolio, these private cloud companies, have they when thief seen how box has been treated, have they adjusted at all their businesses? do you see a response there? >> there's some sensitivity to cash spend for the later stage businesses in particular. it's a cost of capital equation, and these businesses have

but first, josh lipton with the cnbc market wrap. >> what the hell is -- thanks, chuck.s end sharply lower. the dow slides 367 points. the s&p falls 36. the nasdaq falls 79. unemployment fell in 27 dates, 11 states sow jobless rates rise. new mexico had the highest unemployment rate and north dakota had the lowest. shares of jp morgan sinking nearly 3% today. the company will pay more than $300 million to settle conflict of interest charges at two wealth management units. that's it from cnbc, first in business worldwide. this holiday i can count on someone's kid mistaking me for santa. i'm so sorry. come on sweetie. it's okay. and knowing right when my packages arrive. introducing real-time delivery notifications. one more reason this is our season. deck the halls with barks from rudy ♪ (rudy barks) well, it's more like "fa la la la la la la la la" but you're in the same vein. say happy holidays with milk-bone! >>> marco rubio came out swinging today against the $1.1 trillion spending bill that passed the senate this afternoon and was signed by president obama just a sho

back to you. >> all right, thanks so much, josh lipton out west.e fed finally shifting gears and reigning in stimulus ahead of the new year, money managers brace for the rate hike and ripple effects in 2016. mark pinto is on set to say what he's expecting and how to prepare portfolios. seems simple, shift into the interest rate sectors that benefit when rates go up. it can't be that simple. >> well, what we're seeing in the asset management industry is people shift money into index based and passive industries and impactful strategies. what we see in the last 12 months is $450 billion going into passive strategies while 150 billion dollars coming out of active equity strategies, so that seems to be what people are looking to do. >> what's the reason they do that? active managers faired poorly or just want lower fees? >> combination. investors say make it good, but make it cheap. it's about costs. >> what happened after 2014, a dramatic upswing in the markets, and now we limp to the finish. experts say 2016 brings more of the same. >> well, what we'

josh lipton joins us with what could be the start of a bigger feud. the program offers video at lower quality in exchange the video doesn't count toward the data cap. the company already has 24 partners, including netflix and time warner. >> you'll be able to stream for free, and then secondly, for anything else, outside of the 24, you'll be able to scream three times as much data. no overages. none of the shenanigans the other guys are pulling. >> but youtube doesn't seem especially happy with binge on. a spokesperson from youtube telling cnbc reducing data charges can be good for users, but it doesn't justify throttling all users. in other words, binge on is impacting the quality of all streaming video, regardless of whether it's coming from a service that actually partners with t-mobile. t-mobile telling cnbc that bing binge-on is for customers. the exclusion of youtube in the program is due to a technical issue specifically t-mobile saying it can't consistently identify youtube video. this spat is coming when regulators are more involved. the s.e.c

let's get out to josh lipton with more details. josh?, kelly, the software maker just reported. let's get you those numbers. oracle reporting 63 cents. the street, kelly, was looking for 60 cents on 9.06 billion. just looking through the release, total cloud revenues jumped about 26% in u.s. dollars to 649. that's about 7% of the total. just above what the street was at. new software licenses clock in at 1.7 billion. they're still on target to book more than 1.5 billion of new software as a service and platform as a service business this fiscal year. that's going to be considerably more business as any other cloud service provider, including sales force. that is at 5:00 p.m. eastern and we'll be on it. >> let's turn now to this historic move from the fed. steve liesman joins us from washington, d.c. with the details. hi again, steve. >> hey, kelly, good afternoon. the fed hiking rates. they signaled gradual rate rise. this was the criteria for many, for this to be a dovish hike. yellen said the rate hike was a sign of confidence in the e

josh lipton is in san francisco with more. sh. >> well, kelly, jeff williams has overseen apple's entire supply chain since 2010. now he is officially the company's new chief operating officer. williams first joined apple in 1998, played a key role in apple's entry into the smartphone market. also remember super surprised the development of the apple watch. tim cook in a statement saying williams is hands down the best operations executive he has worked with. other big changes to mention as well, phil schiller will remain apple's haetd of marketing but he picks up a new responsibility as well, he will now lead the company's app store. the natural question is what that change then means for eddie cue, the company telling me he will remain in charge of the company's content. that means apple music, apple pay and apple tv. of course, all these changes, kelly, coming as apple stock has been under pressure. analysts are increasingly cautious about iphoner sales growth in the quarters ahead. rnbc's is monitoring iphone units of 227 m

. >> now here's josh lipton with the cnbc market wrap. josh? >> u.s.stors weighed low oil and economic data in the aftermath of the feds' rate hike on wednesday. the dow dropping 367 points, the s&p 500 fell 36 points, the nasdaq declining 79 points. that's it from cnbc, first in business worldwide. thousands of people came out today to run the race for retirement. so we asked them... are you completely prepared for retirement? okay, mostly prepared? could you save 1% more of your income? it doesn't sound like much, but saving an additional 1% now, could make a big difference over time. i'm going to be even better about saving. you can do it, it helps in the long run. prudential bring your challenges just download the free app; simple to sell anything! snap a picture of your item and it's instantly listed locally, free! wallapop users have profiles so you'll always know just who you are dealing with. start selling with wallapop. ugh! heartburn! no one burns on my watch! try alka-seltzer heartburn reliefchews. they work fast and don't taste chalky. mmm.

here's josh lipton with the cnbc market wrap. >> u.s.y as investors reacted to a strong jobs report supporting a fed like in september, climbing nearly 370 points. the s&p rose 42 points, the nasdaq up 105 points that's the news from cnbc, first in business worldwide. but a few might shape the future. like turning algae into biofuel... ...new technology for capturing co2 emissions... ...and cars twice as efficient as the average car today. ideas exxonmobil scientists are working on to make energy go further... ...no matter how many tries it takes. energy lives here. ♪ it's the final countdown! ♪ ♪ the final countdown! if you're the band europe, you love a final countdown. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. his day of coaching begins with knee pain, when... this is brad. hey brad, wanna trade the all day relief of two aleve for six tylenol? what's the catch? there's no catch. you want me to give up my two aleve for six tylenol? no. for my knee pain, nothin

josh lipton, zero dark 30 out west. thank you very much.box" platinum portfolio is coming to a close for the year. here now to give us his picks for next year, scott black. merry christmas. happy new year. a pleasure to get you on. i notice your picks do not include the company we just talked about, apple. was that an omission or do you own it, do you have an opinion on apple? >> i do have an opinion. we do own it. we bought it when it pulled back in august. markets almost 18 pe. you would think it's a train wreck at 50% discount to the market s&p index itself. it's a very fine company. possibly the top line growth for coming fiscal year is sub-10%. >> you like it but you like others more. one of the others you like more is allergen. everyone knows their products here but there's a lot of headline risk and even political risk some would say around this name. why are you -- you're a conservative investor. why are you willing to take that headline and political risk? what makes it so valuable you would overcome that? >> i reiterated stocks fr

>> let's get to josh lip to be with -- lipton with a news alert. >> hi, mandy, on sunday "60 minutes" will be airing what looks to be a wide ranging interview with apple ceo tim cook and "60 minutes" releasing a clip of that interview. you will hear charlie rose ask cook about the criticism that the company pays little or no tacks on its overseas revenues. take a listen to cook's answer. >> how do you feel when you go before congress and they say you're a tax avoider. >> what i told them and what i will tell you and the folks watching tonight is we pay more taxes in this country than anyone. >> well, they know that and you should because of how much money you make. >> i don't deny that. we happily pay it. >> more money overseas probably than any other american company. >> as i said before two-thirds of that business is over there. >> why don't you bring it home? >> i would love it bring it home. >> why don't you? >> it would cost me 40% to bring it home. this is a tax code, charlie, that was made for the industrial age not the digital age. it's backwards. it's awful for america. it sh