linkedin, another stock. this is up 120% in just 2013 alone.t recently announced plans for a secondary stock offering to help finance possible new product developments and international expansion. and then check out shares of online review site yelp. they are soaring. up about 230% so far this year. analysts of deutsche bank and barclays have slapped buy ratings on yelp shares. threes three companies are trading with different valuation profiles. they're all worth billions of dollars. check out how much in profits they are expected to make this year. yelp still forecast to lose money despind its $4 billion valuation. >>> is it too late to get in on any of these names? let's bring in carter worth. carter worth of oppenheimer. >> hi there. so we'd say, no, not too late. let's look at a few things and try to figure it out. obviously, great performers. what i have here say one-year chart. it shows how correlated and dynamic these big names are. this is linkedin, trulia, facebook. basically unchanged. no results. yet these are exploding up 100% and

this is linkedin, groupon, s&p 500 technology sector. basically unchanged. no result, yet, these things are exploding up 100, 200%. actually the last six months, lincoln has underperformed the group. if you see the stats here, the most sort of benign, we think that's an opportunity. we think it will catch up with some of the others. looking at the chart of linkedin, what is important here is well defined levels from which it broke out. when i brake out from a range, a period of equilibrium gives way to dis-equilibrium. you only gap with news, obviously, it has to be good news. then you second a second gap. typically, you get a third. that's another piece of good news. you get one more. at which point we would play the name. here now, play for that fourth gap. >> it's interesting how carter focuses on linkedin. it has a different business model. it has more of a subscription based model. >> i think that's definitely true. like many subscription models, once they pay, you get dinged on your credit card, like me, i am a paying subscriber. i have been for a numb

business social networking site, "linkedin" is facing a class action suit. four users have filed it. the suit accuses the company of breaking into accounts, gathering emails and sending spam. they say in an effort to get new users, "linkedin" sends emails to existing members' contacts, using their name and likeness without their consent. linkedin denies it had ever broken into or hacked user accounts. in a statement the site says... they are committed to putting its members first, and being transparent about how they protect and use their data. people with disabilities will no longer get special treatment when going on rides at walt disney world. earlier this spring news spread that rich families took advantage of the theme park's policy by hiring a disabled person to escort them throughout disney world... that way they could skip the long lines for rides. rich manhattan moms said that's "how the one- percent does disney." now because those guests abused the system, disney will no longer usher disabled people to the front of the lines. a spooky statistic for

and the next step is that linkedin plans to price that offering after the market closes today. going to get to work putting that money to use. now, the two main areas where we can expect linkedin to spend that $1.1 billion are in international expansion with infrastructure in the hiring of more sales teams to help grow its lagging margins outside the u.s., and for acquisitions, which are likely to focus on areas like professional content as well as mobile. and the same vein of its recent acquisition of start-ups, slideshare and pulse. scott, the company certainly doesn't need the cash. and since it will end up with $2 billion and no debt once this is completed. now, linkedin is simply taking advantage of the stock's all-time high, which was hit yesterday. the stock's up about 130% in the past 12 months. one analyst, robert peck, says he doesn't think that linkedin would raise this money unless the company's upcoming earnings report will be strong, writing that, quote, linkedin is likely having a strong quarter, given it has visibility into two months of the quarter and is selli

linkedin is still growing. it's not nearly as controversial. >> to that point, carl also indicated he actually did want to get out of this stock earlier. it was his son that prevented him from doing that, remember. you have to think that that conversation is being engaged in again at this point. because they've obviously enjoyed enormous profits. >> little stocks versus options here. netflix is a financial equivalent of the lone ranger. expensive and ultimately pointless, shorting any stock carries unlimited risk. dan's put fly offers 8-1 payout in risks just $300. well, listen to this. this music can only mean one thing. the fight of the century, tomorrow night, mayweather takes on alvarez at the mgm grand. it has the media world abuzz. getting warmed up for the fight. >> i'm getting warmed up. this is getting serious billing, guys. golden boy promotions is prom e promoting the fight calling it, quote, the one of the that's what they're saying it is. it fully expects to break pay-per-view boxing records. richa

>>> meanwhile, social media kingpin, linkedin, headed for a secondary offering that will bring up the balance sheet to $2 billion in cash, and no debt. julia boorstin will have the story. >>> and at the top of the hour, robert benmosche will join me as co-host. stay with us. we're back on "closing bell" next. [ female announcer ] it's time for the annual shareholders meeting.

linkedin is sued for hacking. several linkedin user allege the company hacked into their email accounts and copied contact information that was used to try and gain more users. in a statement, linkedin said it believes the legal claims are without merit and says it plans to fight the suit. yelp is continuing its crackdown on what it considers "fake posts" designed to over-inflate the performance of a business or counter negative comments from customers. the online word-of-mouth site is suing a san diego law firm, accusing it of using employees to write favorable reviews as if they were clients. "i think doing that is a good thing. among the 15-to-30 age group, people rely on these reviews on everything. and they have to maintain their integrity." according to the lawsuit, four glowing reviews posted within one hour were traced to a computer within the law firm. the firm says the suit has no merit and accuses yelp of unfairly favoring businesses that advertise on the site. yelp told first business that it does not

linkedin ceo shared his vision of the way linkedin will change the way professionals all the way around >> our longer term vision, if you look out, say, ten years is much bigger than that. what we would like to do is develop the world's first economic graph. we're talking about mapping the global economy. more specifically, we want to digitally represent every economic opportunity in the world. full time and part time. >> now, twitter on the other hand is the hottest pre-ipo company. expected to tile the s-1 by the end of this year. the ceo is very much in demand here. did not give a speech on twitter's ipo prospect but on how startedup ipos should lead their company, telling some of his success at twitter. >> don't lead by trying to be liked. lead by being forthright. the way you build trust with your team and people is being forthright and clear with them from day one. >> there's been a lot of talk hear about what we'll hear from facebook's ceo mark zuckerberg. he's speaking on wednesday. he made a speech here a year ago that moved facebook's stock dramatically. maybe he'll talk about

they claim linkedin harvested e- mails from them and send them spam. they send e-mails to contacts and use their name and likeness without permission. linkedin denies the allegations. might have to stay on top of that one. in the meantime, the weather. very cool. all the way in the 40's. it is fall. kick back and enjoy. today was beautiful. hours, 12 hours, six minutes of daylight today. we will lose an hour and 40 minutes of daylight. i have been doing this for 35 years and i always have the mind to say the days are getting shorter. i always get e-mails from those who say the day is the same, .4 hours, but the daylight hours are getting shorter. today, it was beautiful after clouds this morning. 56, the morning low, 77 and 60. this marks the first time since may 25 hour high temperature has been below 70 degrees. , 49 inaithersburg washington and dulles. 57 right now.l, that is influenced by the water temperature potomac. 57 is not a good representative of the temperature. it does not give you a true average of what the temperature is really like, and

so linkedin is still growing. things are growing really well.t's not nearly as controversial story. >> carl also indicated he wanted to get out of this stock earlier. his son prevented him from doing that. >> there was a wedge in the family. >> you have to think that that conversation is being engaged in again at this point because they've obviously enjoyed some enormous profits. >>> little stocks versus options. want to short netflix? that's the financial equivalent of the lone ranger, expensive and pointless. put fly offers an almost 8-1 payout and risks just 30 0 buck. listen to this. this music can only mean one thing. the fight of the century. tomorrow night floyd mayweather takes on canelo. it's the pay-per-view totals that have the world abuzz. getting warmed up for the fight, dom. >> i'm getting warmed up. this thing is getting seriously billing. golden boy promotions is billing it, calling the fight "the one." it fully expects to break pay-per-view boxing records. richard schafer says he thinks there will be more than 2.5 million homes

link linkedin says the following.never deceive you by pretending to be you in order to access your e-mail account. the lawsuit is seeking damages on behalf of all linkedin users. >>> maybe the third time really is a charm for billionaire investor. over the weekend george soros got married over the weekend and married tamiko bolton. this is the reception. 500 people attended this reception including house democratic leader nancy pelosi and former u.n. secretary kofi annan attended that reception. soros is best known for the british pound in 1992. the one trade netted him $1 billion. he has been divorced twice. maybe he's in love? >> our best luck to that couple. i think they are going to make it. >> i want to see more video. >> i want to see the prenup. >> always interesting with a billionaire. >> third marriage, right? >> third, yeah. >> good luck. >> third time is a charm. >>> coming up. >> the next thing we know, we heard some shots and people rushing. ak-47. >> terrorists storm a kenyan mall. dozens murders and nea

linkedin denies this. >>> if you're looking for work, walmart is hiring for the holidays. the retail chain said it will bring on 55,000 seasonal workers to handle the christmas rush. that's up 50,000 from last year and averages out about 13 more workers per score. targeting is hiring less. the store brought in 8,000 seasonal workers less and this year plans to hire 70,000 for the hl days. >>> a standoff at a shopping mall in kenya. >> it's in the over. we've got the latest on deadly lay tack. >>> floods devastate colorado. the death toll is rising. >> if you want to up your odds of beating cancer, you should put a ring on it. how being married could help you survive. >> all right, kelly. fall begins in earnest today, the first full day of fall and calling for a lot of autumn sunshine. we have that when we come back. >>> police are ruling the death of an infant a homicide. the baby died after paramedics took her from the home on brdway. homicide detectives said she died of asphyxiation. so far, no charges have been filed. >>> more than one year after a woman died following

first consider linkedin. here's a company that came public in may of 2001 at $45. to $94. social networking site had a ton of positive buzz. at the same time, the opening is widely criticized and as a throwback to the dot bot days when people chased the dubious internet companies without opportunities for profitability or in some cases even sales. sure enough, linkedin dropped to $60 in sales and there wasn't any hope for long term growth. two years later linkedin has developed a four-fold increase in earnings, not revenues. the stock is up to $38. i think it's not done yet. i bet the secondary filing gets snapped up without a hiccup and earnings could conceivably double again next year. you heard me, double. then there's zillow. letter "z." the real estate listing company. here is one that's absolutely despised by many short sellers and there are high quality research that says the stock is severely overpriced. or was it? zillow came public at $20 in july 2011. then immediately opened at $35.77. amid calls of internet over exuberance. wasn't this just a company th

are you going to facebook or linkedin? you going to facebook or yelp, when you tie to apple and you know that won't work. >> you'll go to twitter. i think facebook will see flows out because of twitter. >> i think when facebook came out, the sentiment index on facebook, done by, you know, by this station and by everybody else, was so high, they created a situation, you know, it was -- when the initial print was discouraging, boom, went down. i think that if there's less hype about twitter, i think the stock, like you said, joe, will be -- i mean, i don't really use it, but i think it's going to e be -- i think it will be great. it's all about psychology of the trading. this is why facebook imploded. it didn't implode because of the value of the company, right? it did because of the psychological maker. everybody was hyped out of their mind. so many specials on tv about it. look what happened. hopefully, we learned our lesson and it doesn't happen again. >> speaking of specials on tv, don't miss the special "twitter revolut

we saw linkedin. the stock acted well. you would think that would be, not game over for them but a set back. how do you weave that into your belief that netflix would go lower. >> we had carl on the show last night. here's a guy who is a smart trader here with fabulous gains. sooner or later you'll start to see big holders take profits in this thing. lipged in is still growing. it's not nearly as controversial. >> carl also indicated he wanted to get out of the stock earlier. it was his son that prevented him from doing that, remember? >> a wedge in the family. >> you have to think the conversation is being engaged in again at this point. they enjoyed enormous profits. >> that is the financial equivalent of the lone ranger. it offers an almost 8 to 1 pay out and risks just $300. well, listen to this. this music can only mean one thing, the fight of the century. tomorrow night floyd money mayweather takes on canelo alvarez at the mgm grand. it's the fight's paper view totals that have the world abuzz. getting warmed up for

technology presence of a lot of other people have, i heard you talking about the stock price of linkedinot around a years ago. facebook. technology has changed. even if you're in sales, your rolodex is changed. fifty, 70, 80 percent pay cuts. melissa: just to get started. you're fantastic. would you come back and give us tips another time? >> absolutely. thank you for having me on. melissa: all right. thank you. >> this is the best book ever. you have to buy it. buy it. buy it. [laughter] melissa: that was my son. very steadily endorsing the book friday the fraud caster by fox news meteorologist. i swear, i did not put him up to that at all. but i love. it is not just a new kids' book but an educational tool that can be used in school which is a new twist in the business of marketing of children's book. a great strategy, especially if you not have my son pushing its view on national tv. the weather machine. >> where is the? very interesting. i have a great idea for a children's book. they're so simple, so easy. a great way to make money. when you go out and actually try to sell your id i

. >>> four linkedin users are suing the social network. company of breaking into accounts, harvesting emails and sending spam. the class action suit says linkedin uses account holders' names and likenesses in emails to the holder's friends trying to get new users. the "new york times" reports linkedin denies breaking into user accounts. >>> have you ever posted something online and wished you could take it back? most of us feel that way. this gal does. you know embarrassing performances like this, now you can have a second chance on the internet. this should be gone in a big hurry. the governor just signed a law that requires web companies to erase a minor's online activity if they request it. the law applies to california's 18 and under and will go into effect in 2015. >>> it really doesn't matter what apple product -- what they put out because the loyal fans are always going to gobble it up. >> except for one 4-year-old. check out his reaction to the company's new operating software called the ios 7. >> you are just going to have to get

. >>> four linkedin users are suing them accusing the company of breaking into companies, harvesting. they say linkedin use accountholder names and likenesses in emails to the holders' friends trying to get new users. the "new york times" reports linkedin denies breaking into user accounts. >>> google is buying up more real estate in mountain view. the tech giant just paid $246 million for $7 billion in that city. earlier this month they leased several office buildings in sunnyvale and in one month they have acquired more than a million square feet of space enough to hold more than some 4600 employees. >>> new state law gives teens a chance to retract potentially embarrassing posts they may have placed on the internet. take for example this girl's performance on youtube. the government signed a law to remove online activity of californians 18 and under if requested by the minors. it goes into effects in 2015. >>> a silicon valley giant is involved in a big merger. and bay area home prices are some of the fastest growing in the country. here to chat with us, kcbs radio's financial rep

there are a few, linkedin doing well in china today. >> are you in linkedin. >> we own linkedin. >> youyour top pick right now in tech goes back to china yet again. >> yes. >> so fun? >> so fun. we continue to be incredibly excited about this. this is a company we think can earn four bucks next year. roughly 12 times earnings. right now the company is growing 50%. we think that growth rate can continue. it's a company, it's really the zillow of china. it helps consumers find residences to buy both from directly from developers as well as from other consumers or agents. >> does priceline deserve to be at 1,000 bucks? >> we own a large position of priceline and like it. >> still long. >> very. >> all right. we're back with final trades and who you think won the debate when we come back. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retire

i got to get your take. >> we like linkedin.ove and aggressive because we want to win. robert wants to win, on want to win and investors should take that and understand to be a part of a large portfolio and not see your picks because you can get in trouble with any of these stocks. cheryl: it is up 162%, you are both picking two pharma and momentum plays so oliver, once again, you picked newskin, going and -- against jazz on and linkedin and track them for a month and both of you will be back to announce how they did and crown winner and give them this beautiful wonderful trophy. you are going to be here in a month in our studios with oliver, correct? >> i will be there so keep him away from the trophy and want fingerprints on it. >> i got my name etched in. cheryl: thank you very much. dennis: a bull/bear battle shaping up, sell-off in metals and energy futures over the last month casting doubt on the commodities area but many are still saying there is like in that sector and sandra smith has the latest in the trade from the pi

linkedin is up 450%. they did it the right way. >> you cannot say that that represents value.% of their revenue, will this company be a good business? with the share prices today, it reflects what / traders do. i will get all of my money back. charles: the point -- dennis: you cannot see my queue for charles to speak. charles: ultimately, this is all a game of how to play the stock for a pop. you have to find a way to grow this company. dennis: expected to be over a billion in revenue. thank you very much. twitter has to fear instagram. it is a big hurdle. cheryl: twitters ipo news capping off what has been a hot year for an initial public offering. the highest number since 2007. robert luna and scott martin both are here. robert, you, i know, in the past have always liked financials and you have always liked technologies. it is actually healthcare ipos. is twitter and the hype surrounding it worth it to you, robert? >> it is really tough to determine what is going to go on right now with twitter. if you look at the amount of users that twitter has right now versus facebook, i

remember linkedin. summer bignesses. what can we expect from twitter? me now in at fox business exclusive, a co-founder and longtime venture capitalist. it is so nice to finally have the opportunity to meet you. >> great to be here. lori: your thoughts on the timing. >> driven by their desire to keep the ipo filing confidential. lori: we don't know a lot of the financials. running out, that in and of itself is very i opening as to how much money is companies generating. they're going stag go to the unbelievable heights to make sure that they don't screw this one up both that the initial pricing and also, i think they're going to leave a lot of room for a meaningful appreciation. we don't know much about the valuations, obviously, but there are some rumors. i can speculate, yes. some of the trades have been happening in the second markets. the same thing that happened with facebook. the reports are that the current valuation and the second markets are around nine arts in billion. i don't think these numbers will be dramatically off. maybe 15, 16 billion

then, you are linkedin. >> taking advantage was not just a bull market in technology but in social networkse they were in late 1990s, what worries me about linked in, it will give employees 10,000-dollars to give to charity, 5,000 to go to school, free yoga classes, it smells like a top than a buying opportunity, if the company is issuing more stock as they are. neil: jared? >> 766 times earnings, if you buy the stock right here, you pay 766 times what company earns in a year's time, granted they are assigned that social media premium, but i am no on linkedin to make friends, i am using it to network, they are charging me to use it, it network, they are frying ting -- trying to chargeu $45 or whatever it is her month, i think companies like monster they will ban together with other smaller employer companies you will see more competition, i do not think that is a time to buy, when you dilute a company by adding shares that is like jonathan said, a company taking advantage of the high stock price. neil: all right. finally, samsung this week, apple next week who wins in futurfuture week, focu

i've got social networking stocks, linkedin is up 100% this calendar year. it's up another buck.than 200% i think over the last 52 weeks and up about 1% this morning. 64. twitter helps them all. another point to be made, big money tech does not necessarily mean lots of jobs created. all of these companies operate with just a few thousand employees apiece, that's it. big money, yes. big job creation, probably not. john layfield, layton morris are here and they know the technology, clayton morris and the investing angles, john is here on twitter going public. first of all, john, i don't know what the price of this thing is going to be, would you buy it. >> depends on the price. stuart: really? >> valuation. i believe, absolutely, look at groupon is down 50% and facebook you're basically flat for a couple of years and if it came out 10 billion valuation we don't know yet because of the jobs following s-1 instead of an s-4 and confidentiality included in this looks like 580 million doubled from 2012. 180 million. and you don't know where it's going from here and don't know the valuat

next up, linkedin, rallied $7.32 today. linkedin is an amazing company, it blew away the numbers.tting sell rates the revenue, no-brainer for these stock managers. how about these names, the cult stocks that people buy because they love the product. amazon up $5.40. netflix, yes, tesla. they're overvalued by any stretch of the imagination. people like to shop on amazon, they like netflix and they love the idea of driving a tesla. what can i say, in a bull market there are always stocks like these. the three musketeers of this market. mythical ones, all swash buckling anointed stocks. you have to get out of the way at the end of the corner. did you really think that price line, up 14.29 wouldn't be on this list? come on. here's the cheaper way to travel. it's blown away the numbers quarter after quarter, but keeps getting shorted by snob by managers that would never use the site. price line, terrific management, booking tickets and hotel rooms, people think of it like they do google with search. finally there's facebook, up 93 cents today. what can i say about this one that hasn't

nicole: watching linkedin which has soared this year.oday under a little fresher ear down 2% down $5.31 a share at $2.42 but what is interesting is they are issuing a secondary offering of $1 billion of shares, offering their underwriters the option to buy in, they are going to use the excess cash that will help from with financial flexibility or general business purposes and the like. in the meantime one of the analysts is liking it, william blair keeping markets on stock say the offering take advantage of the share price so it will be interesting to continue to watch. lori: it is auto sales and august is on pace to be the biggest since november of 2007. crossing the finish line with double digit sales next. adam: look how the dollar is performing today. [ male announcer ] sheets or bar? how do you get your bounce? bounce keeps my clothes fresh for weeks, even when they've been sitting in the drawer a long time. like those jeans you can't fit into anymore. uh...by that, i mean... [ male announcer ] how do you get your bounce? long-lasti

i want to show you linkedin with a real run recently. look at that one. excitement about social media and there has been a lot of anticipation when twitter will join its colleagues. >> back then when facebook went public, the question is how does it make some money? and that is the big question with twitter also. >> that is exactly the same question. twitter doesn't have as many followers and 200 million and facebook when it went public was something like a hundred billion so twitter is a smaller company and has to show how it's going to grow. in 10:00 our money reporter caught up with a twitter ceo dick costelow and said how are you going to make money? >> we are not profitable right now. i think the specific thing that i try to say over and over and stress is we have got plenty of time to take this model and grow it. we are not worried about having a certain number of advertisers or a certain amount of revenue by, you know, the enof this year. >> that was 2010. now they do have to be worried about that because that is how investors will judge whether it

we have breaking news from jo ling on linkedin. what is the news, jo?> linked in announced it will start a registered public offering of $1 billion of its share class a common stock. they will give underwriters the option to purchase an additional 150 million up to $150 million worth of its share. also that class a common stock. they say the purposes of this type of offering are because they want to increase linkedin's financial flexibility and strengthen its balance sheet, dave. david: jo ling kent, thank you very much. >>> the crisis in syria sending jitters through the markets as president obama mounts a full-court press to make the case for u.s. strikes. we have live reports from the white house and jerusalem on this rapidly-developing story. that's next. liz: and the smell of money! why the consumer conglomerate, jardin is betting on a company that makes yummy scented candles like the summer rain and even bacon candles. the ceo sounds off on that in just a moment. ♪ she loves a lot of the sa things you do. it's what you love about her. but your ere

it's an overweight rating, and year to date when we talk about linkedin, it is unbelievable.s year. and still more upside potential. back to you, liz. liz: thank you very much, nicole petallides. okay, let's get to this news that we told you was breaking at the top of the hour about sac capital. apparently, negotiations over a settlement regarding insider trading charges are underway, so how large a payment may the embattled hedge fund needs to hand over in order to move these troubled -- okay. you know? it's an right? senior correspondent charlie gasparino is here with the very latest. what is it? we know dow jones has some breaking news, what do you have? >> i'd just tell you this, and i'd be hesitant to draw conclusions that this thing is over anytime soon, but what we have now is clearly early stage settlement negotiations between both sides. i think bloomberg was first to report that sac put out an opening salvo of a billion dollars to settle -- remember, they've been criminally charged. the firm itself, not steve cohen, his firm has been criminally charged with fraud. t

. >> well, you see linkedin there up 450% since its ipo?> it is. >> a lot of 20-somethings have twitter and facebook and other things. let me ask you a a millenial, what else do you look at? why is twitter so exciting to you? is it more exciting to you than instagram or facebook? >> twitter appeals to a very different type of market. like the smaller businesses thrive on twitter. if you don't have twitter in your business model, it's obsolete. i think what you saw with groupon and -- >> yelp. >> yelp. the s.e.c. may have backed it off for -- added -- like, they had financial -- geez. they had financial results exposed and they came back and eventually the stock was priced lower than expected, anticipated. >> thank you for your insight. appreciate it. >> thank you. >> and be sure to tune in tonight for the cnbc documentary "twitter revolution" tonight, carl qu carl's great documentary. >> yeah. we'll see if this market changes materially. we've got a rally of 64 point on the dow jones industrial average 20 minutes before the close of the wee

linkedin picked the brains of some of the best and brightest in the business to find out what they'reoyees. some of their answers might surprise you. neil blumenthal is co-founder of online eye wear retailer, leslie seymour and sally crawchek, owner of the women's network 85 brauds. it's good to see all of you. thanks for coming in. i have to say this report surprised me. sally, let me start with you because you're seventh on the 2005 list of the women's most powerful. you know a little bit about building a company. the shocking thing from you was you're not necessarily looking for the best person in the job. >> absolutely. in fact i'd say those are dangerous words out of business leaders' mouths. i want to find the best person. the best person typically looks and sounds a lot like me or, as we see in corporate america, often looks and sounds like a middle-aged white guy. so the question i ask is how can we put together the best team. and best team is a diverse team. >> how do you do that? there are people when they narrow them down bring them in to see how they interact with the team

and with the recent run-up of facebook and linkedin, it could be the next hot property.week in tech belonged to apple. biggest day of the year for apple, how one analyst described tuesday's event. it was a colorful launch, for not one but two new iphones. by wednesday, apple shareholders were seeing nothing but red, though, as the stock dropped 5% and some responses on social media, they weren't so bright either. but still, this is apple we're talking about. here it is in a highly anticipated event in california. ceo tim cook unveiled apple's newest flagship device, the iphone 5s. the main features? it will come in three colors -- silver, gold, and space gray. it has a new a7 chip inside, which apple says makes it twice as fast as the previous iphone. and improved camera features a better image stabilizer and bigger flash, and as rumored, a fingerprint sensor called touch i.d. >> the history of fingerprint sensors on notebooks isn't very good, but this is a different technology. until people have a chance to use it, that will be the big question. >> reporter: one of the

linkedin, another social network is for your professional life.ho am i connected to and why should they care and i care? it is the who knows who that has been around for ever embodied in technical form. ongle plus, if you've been it at all, google plus is amazing. videos,re google world, photos, your location, your interests. but it is a little overwhelming. on google plus, you create circles of friends, so you can be my new hampshire friends when i've got -- and i've got my magazine friends and television friends, and i can very selectively target my comments instead of one big bunch of an segregated french -- an segregated friends, which is what the other networks do. these things are really different. this is not me. this is a great journalists. i can't attribute it. peeays let's look at through the social network. if you're on twitter, i need to be. facebook, i need ee, are you happy for me. quora, it's wide i need to pee. on linkedin, you brag about how good you are at it. [applause] i take no credit for that. it's just hanging around the int

we talked about linkedin forever, and had a disappointing day, i guess.works regardless of what you think of valuation. >> etf like osco, do we have options trading in that? >> if you're talking about liquidity. i want to emphasize, you do not want to get in the roach motels, whether it's a stock or etf that does not trade or options that don't trade. if the volumes are extremely low, you need to stay away. you could be right, and because of the spreads, never make money. that's always a bad situation. it's very, very frustrating. some of these chinese names, they have not only been on fire, but you're talking about options volume, stock volume, hit new highs but then reversed. that's the name with the alibaba story today. >> there's a lot going on there. social is a $19 million nab. >> next right here, the booming business of wearable tech, going high fashion during new york city's fashion week. a-listers wearing the new wrist bands designed to measure things like your quality of sleep and steps walked. more than just a solid trend, a technology changing

social media stocks have been hot lately led by linkedin, yelp and facebook. >>> a bit of a milestone for yahoo! today. the sunnyvale-based company topped 30 bux a share for the first time in almost six years. >>> bay area tech pioneer ray dolby has died. he changed the way we hear music and the movies. the his name stake company posted his tribute to him on their website today. dolby introduced noise reduction and brought videotape recording to the world. he founded company in san francisco that bears his names. dolby labs remains a leader in audio noise reduction and consumer electronics. ray dolby was 80 years old. >>> when he talks, people listen. ronnie lott was speaking about concussions in sports. he was a keynote speaker on a symposium on sports law in santa clara university. he demonstrated a crack back tackle, he used quite often, which is illegal now because of the danger. early this month, you might recall the nfl agreed to pay $765 million to settle lawsuits with about 4,500 retired players who suffer brain injuries with dementia caused by their careers. >> there's a move

linkedin stock has quintupled after going public, $45 a share in 2011.s say linkedin is interested in a stock offering now on market enthusiasm for the stock. and yes, baby, losing the will was and to fox business network on serious acts them ready. the satellite radio company will carry fox business audio starting oct. 18, the channel number has not yet been announced. [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announc ] share more. save more. at&t mobile share for business. ♪ all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we

linkedin, google, facebook, it's all native. banners are not going to cross the chasm.s going to be content driven. we work with 50 of the top 100 brands right now. we have 80 million users right now. it shows you how much change is going on in media. >> our people may not understand it. i come into see buzz and i come in to see buzzfeed and i say listen. none of the ads are reaching the people that i want. >> we talked to them about what they want to achieve. what are the attributes of the brand and what do they stand for? we create content for them. for virgin mobile we do rock music. we create a pool of content for them and we show what is being shared the most. we feed the winners and starve the loser content. every thing on buzz feed is optimiszd. our system gives more promotion to things being shared. >> is that why better call saul was down at the bottom and then people loved it. >> everything moves around on the site. the writers get to write what they think is interesting, and it has to be shared. people share things that they want to stand for. it is the same

you see amazon, linkedin. melissa: tesla. >> all of these. it's a joke.ust asset prices being inflated. businesses are not doubling over the last two and three months of the it is just, really sad but you're seeing all this money flow into the market and it is going to build and build. you would be crazy not to take profits at this point. even taking all money out of marke you're at all-time highs. there isot a lot more to get, a lot more upside. get your money in real assets. diversify into commodities. buy some gold and crude oil. buy some real estate. because i think all of those things are going to benefit from the inflationary world we have coming. melissa: spencer, great advice. the good thinking. thank you so much. >> thank you. melissa: coming up on "money," home prices soar. we were just talking about this, the most in seven years but is the recovery in housing as rosy as it appears? two top experts are here to debate on whether you should still buy in or run for the wind. >>> plus, "who made money today?" his company may be getting off one gover

for instance, if you looked at facebook and linkedin, and the revenue multiple those companies trades revenues -- you come up with 10 billion. simplistic, but that's what pricing is. you base it on simple metrics and numbers you already know. >> isn't the problem, though, if you pick the wrong thing to compare it to, you could be wildly off in terms of what that price ultimately turns out to be? >> that's absolutely true. that's part of the reason i'm wary of pricing. the reality is that pricing is the name of the game. in fact, when most people talk about valuation, what they're really talking about is pricing. so i agree with you. it's a very dangerous way to approach investing, but it's the way most traders and most investors approach it. >> so you've done the math, and you point out this enterprise value gets to a shade little over 10 billion, but you think that looks a little high? >> here's the math, though. what i was trying to show was you can, with pricing, make the number whatever you want to make it. in fact, if you're a banker trying to sell me twitter at 12 billion, all

i wish that i owned the shares of linkedin. >> we have the jewish holiday starting with rosh hashanahoday, you buy back in 10 days than historical in the last 12 years it has been in winter because the market has been down within the past years in this teen-window, this is crazy, my mother were for to the ss--she was a catholic schoolgirl and a lot of people do not understand it. it is a reflection or a lot of people on wall street are not working on wall street because that's-is and i statistic. some years it will work in some years it will not. i am not telling you not to do but if you do-- >> if you have any questions you can contact him on his facebook fan page. >> the time is 9:22 a.m.. coming up on the kron4 morning news. ariel castro found dead in his jail cell. what family m about his unexpecd death. >> police are hoping the new policy will cut back on possible racial profile and in the south bay. we will tell you how the " limited detention old policy works. >> welcome back. more reports of burglar's posing as pg&e workers. this time they are targeting homeowners in oakland.

will be your best chance unless they do a secondary offering which would be an opportunity, like linkedin. sanchez, told you so. here's the bottom line. i think splunk could be a game changer. i think the stock is worth owning. but for speculation only, please. and i would only buy a tiny bit at these levels. splunk, the best new company you probably never heard of. and the one that i think will roar to the finish line by the end of 2013. after the break, i'll try to make you more money. >>> coming up, i-p-o my. the social superstar of the decade is going public. but twitter isn't the only hot story hitting the street. don't miss cramer's take on the new names you need to have on your radar in know your ipo. >>> i've got to tell you, the twitter deal, going to be a circus. everyone will want some. even if it goes out at $20 billion. which comes to 17 times sales. that's the highest valuation i've heard anyone discuss so far. of course, it's me doing the discussing. all i ask right now on this deal, listen, people, who work at the big firms. all i ask is the book runners, be fair. try not