mark hurd is the ceo of oracle great to sak to you.her. uthbreathe hocan anne sep like th ll, put obreathe rit striand pow! it instantly opens yr nose up to 38% re than co medicine alone. so you can breathe and sleep. sh your mouth and yodnight mouthbreathers. breathe right stss sweat. it can hanytime tonyone. stress sweat is fferent than ordiry sweat, itworse. withecret inical sengtinvisible lid anr ge ugh! heartburn no one burns on my watch! try alkaeltzer heartburnreliefchews. they work fast and don't taste chal. mmm...amazing. i haveeartburn. alka-seltzer heaburn relichews.

mark hurd is the ceo of oracle. great to speak to you.her. a mouthbreather! how can anyone sleep like that? well, just put on a breathe right strip and pow! it instantly opens your nose up to 38% more than cold medicine alone. so you can breathe and sleep. shut your mouth and say goodnight mouthbreathers. breathe right stress sweat. it can happen anytime to anyone. stress sweat is different than ordinary sweat, it smells worse. get 4 times the protection against stress sweat. with secret clinical strength invisible solid and clear gel. ugh! heartburn! no one burns on my watch! try alka-seltzer heartburn reliefchews. they work fast and don't taste chalky. mmm...amazing. i have heartburn. alka-seltzer heartburn reliefchews. >> it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. >>> we're going to start with max in new jersey. >> caller: cramer boo-yah. okay, my man i want to know are you a believer in elon musk are you a buyer of solar ci

mark hurd is the ceo of oracle. great to speak to you. >> it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. >>> we're going to start with max in new jersey. >> caller: cramer boo-yah. okay, my man i want to know are you a believer in elonmusk are you a buyer of solar city? >> i ain't going to play solar city. you kidding me? we've got first solar to go down that path which is a company that has a good balance sheet and doesn't rely on the government. courtney in texas. >> caller: hey, my question is is it a buy for a long term investment. >> which one? st. mary's no. no. we're not recommending any of these oil stocks fossil fuels we're just against it. the new plan for the next 30 years of this show. let's go to rocky in new york. rocky. >> caller: hi, jim. underarmour, they've been up 116% over last year at this time. my question is underarmour going to be stuck this quarter? >> i've been working on a police involving them, col

mark hurd, the ceo of oracle is joining us. i understand you're talking your cloud business growing 59%. the next quarter even faster. how can you have accelerated growth? >> we've -- our cloud has grown. and as our revenue has gotten bigger, actually, our growth rate has accelerated. there are a couple reasons for that. one is technology. we've done a lot of engineering, we think we have the best products. our sales force has gotten more accustomed to selling cloud. as we've done it we've gotten more references. and references and sales. customers like buying from other customers and the combination of that has led to great yes. >> what gives you to surety. we look at the stock market and we think economies are falling off a cliff. that kind of generation would indicate not only is oracle doing well but maybe thinks aren't so bad? >> a lot of the revenue we're forecasting we have already bought. it's a provision of delivering it. today. the more important thing is bookings. bookings which will be done in the current period. we

how optimistic are you about mark hurd and safra catz being co-ceo's? well, i am sure mark and safra will continue to do a good job, just like they have over the last two years, but we all know larry ellison is a force of nature, and what larry ellison wants, larry ellison is going to get. so whoever is the ceo is going to have to bend to larry's desires. emily: all right. now, larry gave you money to start salesforce. marc: he did. he did. he was our first investor. emily: and salesforce has now become the main competition of oracle. marc: that might be true. that might be true. emily: so, what did salesforce do right over the years that oracle has done wrong? marc: well, we really got singularly focused on a vision of the cloud. a lot like what google or yahoo! do. you can log on a website, but instead of delivering books or delivering search results or something like that, well, we are delivering business functionality. and we have stayed very focused and dedicated to that idea for 15 years. and because of that singular focus, we have been able to ach

technology, oracle ceo mark hurd will be joining bloomberg's cory johnson for an exclusive interview the software company's progress in the cloud that airs tuesday at 6:00 p.m. eastern on bloomberg west. still ahead on bloomberg markets, carl icahn will get to pick at least three board members at xerox as it splits into two companies. influence he will have going forward. plus, we are watching the markets and the huge rally going into the close. stocks right around session highs. ♪ betty: good afternoon and welcome back to bloomberg markets, i am betty lou. a quick check of the markets as we are now less than 20 minutes away from the closing bell on this friday. we are just marching ahead higher in this rally. the dow is now up 336 points. the s&p is also up over 2%. in triple digit gain again for the doubt. tech shares, industrial, those are leading this rally higher. that means the nasdaq is up as well. it has been a rough day for amazon. the shares are plunging big-time after fourth-quarter profits failed to beat wall street estimates, even if they doubled to a record $482 million

mark hurd is the ceo of oracle great to sak to you.her. uthbreathe hocan anne sep like th ll, put obreathe rit striand pow! it instantly opens yr nose up to 38% re than co medicine alone. so you can breathe and sleep. sh your mouth and yodnight mouthbreathers. breathe right stss sweat. it can hanytime tonyone. stress sweat is fferent than ordiry sweat, itworse. withecret inical sengtinvisible lid anr ge ugh! heartburn no one burns on my watch! try alkaeltzer heartburnreliefchews. they work fast and don't taste chal. mmm...amazing. i haveeartburn. alka-seltzer heaburn relichews. >>t is it isim it is ti for the lightning und. you say the na of thstock. i don't ow the calls or name of the ocahead of time. i tell you wther to buy or sell. >>> 'r >>> we're going to startith max in new jersey. >> caller: crameboo-yah. okay, my man want know you a believer in elon musk are yoa buyeof solar cit >> i ain't going to play solar city. you kidding me? we've gofirst solar to go down that path which a company that has a good balae sheet and don't rely on the gornme. courey itexa >> calle hey, my question

mark hurd has a good story to tell on cloud. we have to hear about the legacy business.o that interview. real businessman in a real world. and neil bushery said he was a dinosaur. i want to know whether he's a tricerat triceratops, t rex -- >> tiny arms. >> or just running a good company. >>> when we come back, jpmorgan's jamie dimon from davos. >>> good wednesday morning. welcome back to "squawk on the street," i'm carl quintanilla with sara eisen, simon hobbs, david faber at the new york stock exchange. another selloff to the tune of 310 points, oil remains problematic and the s&p is a stone's throw away from the ebola panic lows of 2014. >> markets deep in the red. global equities on track for the worst month since 2009. how do you position now for the opportunity? >> and netflix seeing a huge beat for q4, but the stock now in the red. >> and goldman sachs reporting quarterly results. the company hit hard by legal cost. details on those numbers. >> coming up later on, an exclusive interview with jamie dimon, live from the world economic forum in davos, that's about a

the ceo mark hurd had this to say to jim cramer about the stock's performance in realation to peers.> i think the stock takes care of itself. but it is important to invest into this. we think this is a generational change and we want to be on the leading edge of that. >> things were chillier than normal at dav os today after these comments. >> we compete against two giants in sap and oracle who are dinosaurs at this point, but they have been around a long time. >> dinosaurs. catch the entire interview coming up on "mad money" tonight at 6:00 p.m. just before we go, i thought either oracle or be the oracle of the broader markets, mike, tell us what will happen. >> we'll have to tune in to see what mario draghi has to say tomorrow. europe is not at the center of the current storm. nobody is expecting any action. but the streneous rhetoric might give market direction and see if these levels hold and people will say that felt like the fever broke and we might have a decent low. >> and he will talk about tomorrow and i'll talk about the next couple of months. and i'm on the more pessimist

jim cramer will be sitting down for an exclusive interview with oracle ceo mark hurd tonight at 6:00s take a look at somewid have in your portfolio. google, apple off 1%, microsoft a half percent or thereabouts and jpmorgan chase heading way lower, down 3%. stay with "power lunch" for more on this sell-off. you're watching cnbc, first in business worldwide. >>> welcome back to "power lunch." we had some breaking news on deutsche bank releasing its preliminary fourth quarter and full year results. the company says the number of charges are going to result in a loss of 2.1 billion euro this is the fourth quarter. that includes $1.2 billion in litigation charges as well as an $800 million -- or million euro charge for restructuring. for the full year the company is expected to louise lose 6$6.7 billion. it was expected to post revenue of about $7.8 billion, but again it says market conditions, of course, are contributing to that lowered revenue outlook. once again in a preliminary statement deutsche bank said it is expecting to lose 2.1 billion euro in the fourth quarter, revenue expect