as for micron as you point out it is not that important.cts in all types of platforms. client platforms. enterprise platforms. david: just as an example, samsung galaxy note 3, your drams in it right? >> absolutely. samsung is a great customer of ours. david: have you had to change the overall strategy based on the decline in the pc industry? >> our strategy for a long time has been to search out all those applications where we can really add value. we're heading down the path in quite a while moving our products into things other than pcs. whether it is enterprise or automotive or medical or industrial. we want to be there where we can take a system level approach to the creating value for customers and letting them innovate. david: you're here in new york. your base is in idaho. you're here in torque new york to talk to investors. is there something that frustrates chip make officers you look at intel. great company, well-run but the stock value is stuck at around 22 bucks a share. same with your company. a lot of people say it is underva

what happens to micron if apple breaks down? >> the platforms that are apple and micron's competitors use more per mobile, so everything ties into the cloud and micron has a very strong position, just as intel does, in data centers and they sell ram into those. you can't operate social networks and the modern world without memory. we're going to have a shortage in suppliers for a while. >> thank you very much. >>> we have some breaking news out of italy. let's get to scott cohen. what's going on? >> the mibisconis. the high court is ordering a review of the ban on serving in public office that came as a part of that conviction. the public prosecutor had suggested that that be reduced to a three-month ban. nevertheless, his woes are not over yet. he still faces the conviction in june of paying for sex with an underage girl, and that would carry potentially a lifetime ban from public office. you're looking at a live picture of berlusconi's residence. we'll see what happens next. the supreme court ruling or the high court ruling te

sea of micron, mike duncan will be talking flash memory and the the success over the years.lt, it's a story you can't afford, you can sauls u always see it right here on "squawk box." [ 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 announcer ] share more. save more. at&t mobile share for business. ♪ it guides you to a number it guides you to a number that will change your life: your sleep number setting. it even knows you by name. now it's easier than ever to experience deep, restful sleep with the sleep number bed's dualair technology. at the touch of a button, the sleep number bed adjusts to each person's ideal

. >> i was going to continue on micron local issue. i want to refer to the special agreement between the disabled community. the disabled community agreed to pay for parking. they had this right but if something is free you can't have enough of that. isn't this a tremendous conflict when people coming in come here and talk about their needs. their dulsz in the room and they're going to help the system and do something good. we have changed the planning code to have people provided parking and we found that wasn't enough. so we got into permits so all the people would have parking. and so, now i think that is it a special thing. in an age when we see that certainty privileges of race and gender no longer apply they say you can park in this area because of your address and every now and then i think my abstracts to the time. this becomes a very special kind of solution for polk street. if you want to put a bike lane in and take out a few parking places what is wrong with moving it around the corner. i think if someone took to supreme cou

xerox is tech and micron is tech. say goodbye to xerox. micron has a very hot hand.o bucks today, i'm not worried about it. disney, they didn't rain on disney's side. iger is delivering on seaworld. we have auto, entertainment, drug and tech. why don't we add a -- wow. this is hard. you know what? i'm going to add -- i'm going to add a defense stock. we'll talk about that lockheed martin. i like that stock at 115. let's go vidy in massachusetts. >> caller: hey, jim, big boston boo-yah to you. >> nice. bosox booyah. what's up? >> caller: things are great. it's a perfect day outside, the market has been on a tear. couldn't ask for more. >> i like that positive attitude. >> caller: i also want to say i've been a big "mad money" junkie over the years. i want to take this moment to thank you for all your tips and guidance, especially for little guys like me. >> thank you. thank you. i got to go to boston and do this show. i haven't done this show from boston for years. i want to get out there. >> caller: we're waiting. >> what's up? >> caller: so my top five holdings are

i had a question about my favorite stock right now which is micron.ed up on my position at the end of july when it dropped 10%. >> right. >> caller: my question is, should i feel comfortable with having almost 20% of my portfolio in micron? >> no, that's too high. like the stock because i like the merger they did with the japanese dram company, but no, you can't do that because tech is kind of shaky between now and the beginning of october. so be very careful. maybe trim some back and buy it lower. rob in california, rob? >> caller: all right. how are you doing? >> real good, partner, how about you? >> caller: good. what are your thoughts on renren. >> chinese stock. we're not buying those. those are all killing people. jerry in tennessee? >> caller: big old, thank you very much elvis memphis boo-yah for ya. talking about vodafone, largest telecommunication company. >> now you're talking, this is the kind of stock i like. i want european exposure, high-quality company. i want you to buy this stock. i need to go to larry in massachusetts. larry? >> cal

we have a great partnership with micron but it's more in the nand flash area and more of the products design into the industrial base. so as far as the really volatile volume d-ram market, can't give you much perspective there. but we do play in certain segments of the microprocessor and hard disk drive space. it's not been dropping off a cliff for us. >> now, typically in this period, i'm used to hearing avnet. you talk a lot about the seasonality on the conference call, but usually europe shuts down, i'm always nervous, but you declared a dividend yesterday. you guys canceled your dividend a while ago because i think you didn't have that kind of visibility. this is not the thing that i would expect from avnet, which has always worried about its visibility these days. what happened? what gave? >> so, jim, we've talked consistently over many quarters about our capital allocation strategies and we've talked about we always like to prefer to invest in growth wherever we can. we've done some buyback recently as we've talked about on previous calls. but we've always had the dividend conve

. >> the tip is about 60-microns in diameter. >> you can collect semen from individual male bees. >>t takes about 100 mature male drones to fill this tube. >> and then freeze it with liquid nitrogen and keep it chilling in the corner of the lab. >> we are establishing a genetic repository for honeybee germ plasm. >> it is a sperm bank for bees, the first of its kind on this scale anywhere. honeybees aren't native to north america. they were brought here from europe, nearly 400 years ago. this technology gives researchers more options for preserving old bee species and cross breeding new ones. >> this allows us to go to europe, to the original first population of honeybees, collect germ plasm, bring them in, bring it back in and in a safe way and then store it for posterity and use it for years or decades. >> and almost right next door, there's proof it can work, a salmon and steelhead bank operating at the college for the last 20 years. gary thorguard calls it a long-term policy. >> and a lot of the principles have been worked out previously with cattle and with humans and there's ev

first up micron technology gearing up to have an analyst meeting.%. >> it's a regis favorite. it's not expensive on valuation but that's not why you buy. prices are continue to hold here or go up. that's been what's going on. if you are in this camp and know this space and you think the prices are going to go lower this stock is an absolute sell. until it gives a glimpse of weakening you got to stay long. >> nike another big winner. . with tiger woods hot and the pga what is the deal on this is this. >> i would never trade on tiger. it's like doing a studio trade on a movie opening that doesn't move the needle. to me it's irrelevant. if tiger does poorly it doesn't matter. do you want to own it. i like nike. i'd rather own foot locker but i think europe is turning and that's good for them. >> this is a contrarian trade fitting into our theme. we're looking at a sweet stock that's been outperforming. hershey up 35% but b.k. you're going contrarian. >> up almost 300% since the lows in 2009. this is has been a monster trade. here's the problem and why

accident happened last micron 7:00 p.m. on skyline boulevard.s not breathing when paramedics arrived. that person was pronounced dead. a second person was airlifted to stanford hospital with major injuries. >> football season is just are wrong on the corner, with 49 homers pre-season game starting tonighers pre-seag tonight. big changes are coming for fans involving what you can bring. kron4 terisa estacio is live at the stick with the details. >> this a backpack you cannot bring it into the game. you can reinvent-this, this cleared a ziploc bag. allowed you bring this into the game. a woman can bring a small clutch purse. this is all because of the incident that took place. the nfl had a meeting and a stated that they were going to be making new policies. you cannot bring any large items into the game. this is going to be starting right now at the beginning of the season. they did state that if you are tailgating, and you can still do that. no way, no go will any backpacks come into the stadium. we will be out here live providing more informati

the tip is 60 cr 60-microns in diameter. it takes 100. >> then freeze it wit with liqud nitrogen.it's a sperm bank. >> a lot of the principals that have been worked out previously with kal cattle and humans. they will literally last for centuries. >> the artificial insemination of a queen bee that's prao*ef py frozen sperm. the real world with real apples that the bees pollen ate for us. >> stress related to nutrition, loss of habitat for peas, pesticides. so just inside they are freezeing the future one bee at a time. >> that's what wear hoping to do. >> and hoping to provide solutions to problems in the world of bees that haven't even come up yet. al jazeera, pullman, washington. >> it was one year ago that andy phur ricandymurray's career -- g to recapture the magic. >>> >> i think so, i mean, texas a&m comes in this year already had lost a lot of guys. he had a great season. it's going to be interesting on how he shakes off this rough off season and just concentrate on football. can he concentrate on everything after he's been partying, winning the heisman. i think that's what

it's about 60-microns of diameter. >> you u can collect semen from bees. >> you can freeze it and keep it chilling in the corner of the lab. >> we're establishing a genetic rrepos tory. honey bees were brought here from europe nearly 400 years ago. this technology gives researchers more option for preserving old species and cross breeding new ones. >> this allows us to go to europe, khr-bg collect germ plad use it years or decades later. >>> almost right next year there is proof it can work. a salmon and steel head bank at the college operating for the last 20 years. the doctor calls it an insurance policy for species. a long term policy. >> a lot of the species have pw-p worked out previously with cattle and humans. there's examples that it can last for centuries. >> it demonstrates the artificial insemination using frozen sperm. she could produce more than a quarter million eggs a year. >> reporter: the real world with real apples that the bees pollunate for us. it's a combination of modern and natural ills. >>> related to nutrition, loss of habitat for bees. >> reporter: they are fr

. >>> the best pre-performing stocks in technology, tesla and micron.u whether you should sell some or none of those names. let's buy russian stocks. guess what, steve nislen who used to live there tells you why that might not be a good idea. edward snowden notwithstanding. we'll look into jc penney. was there manipulation into that story yesterday. $200 million car. life is never going to be the same. >> that was a sweet-looking little car. it's tiny, though, right, brian? >> big engine. >> big engine. all right. talking about power, we've got power house. power house time this week in atlanta, georgia. shoring up is sherry with atlanta realty. overall sales up 38.5% year to year. that's a good sign. home prices up 28% year to year. a three-month inventory supply compared to 7.5 months last year. i guess the market is picking up, right? >> it's so fantastic. we're enjoying it. >> fantastic. i like to hear that. first listing is a condo, 5955 glen ridge drive. a listing for about $140,000. $2.1 thousand in taxes, two bedroom, two bath. tell me about it.

here's how it works: first, it creates a perfect 55 micron size particle, which is really small, about half the thickness of a human hair. then, we emulsify the spray particle for enhanced distribution of all the nutrients. what's more, it's hermetically sealed in the tube, which not only protects the vitamin d complex from contamination or exposure to light and oxygen, but also ensures a long product shelf life and full potency. >> so kris, tell me how should i do this? >> it's very simple. just a few sprays inside each of your cheeks. >> o.k. >> and you're good to go. >> two there. that tastes great. is that peppermint? >> it is. we use natural peppermint and it's sugar-free to boot. >> so many people have difficulty swallowing pills and they certainly don't travel well in your pocket. plus, many can't take pills on an empty stomach. >> bio d supreme solves all that. people love the taste and all my friends talk about how convenient the spray stick is to use. it easily drops into a pocket or purse for use anywhere. let me give you an example of how well bio d supreme works. my good f

. >> drop for micron down four percent. >> tech space under pressure as of late.kes lead from deram pricing. if you think it's going to be higher and i do you want to be with this one. >> birk shire hathaway. >> they haven't changed much but only one stock has outperformed the s&p this quarter and they're down five percent on average. birk shire has held up. >> a pop for day glow bunnies. they're rabbits that glow in the dark by injecting jelly fish dna into rabbits. these not so silly rabbits are part of a study to treat illnesses and answers the age old question what's up doc? that was terrible. i apologize for reading that. >> i thought it was the question of what happens when you inject bunnies with radioactive dye. >> coming up next home builders. as rates rise is the home builder set about to bring a lot more pain. why one wall street watcher thinks sysco is fairly valued and says to stick with tech for the long term. back in two. ♪ ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ ♪ [ agent smith ] ge software conn

let's go with micron which is dropping.t that one to neutral, say, trips of asia suggest below seasonal outlook for the second half. reductions in pc orders and continued weakness in smartphones. also, ford dropping lower. a senior executive says europe's car market may have hit bottom, but also reports that pricing pressure will remain fierce until volumes pick up. onyx reporting its deal with amgen is being delayed by a drug trial dispute. he is ta estee lauder, growing in skin care products. maxim integrated saying it will buy volterra. that is a 15.5% premium. >> unemployment data today was very good. how concerned should you be at this stage? what do you do? we're joined from chicago by a director of tjm institutional. gentlemen, welcome both to the program. jeff, let me start off with you. within the last hour there was a major spike down in medulla which has sent gold and other base metals higher. are you able to tell us why you think that's happened? >> well, simon, last week i threw out the fact that we will see go

if you could give your identification and wait for the micron come to you so we can wait for to come to you that would be great. >> thank you, mark. thank you so much. sir, thank you very much for being here today and for offering your book at this reasonable price. five dollars is a great deal. jump into your book on page 245 when you talk about the five steps to get from here to there. as i understand it, you are talking about a central role in reestablishing a fixed convertibility to the dollar. that concerns and because it implies a role for the federal government and i suspect that i'm not the only one in this room who is skeptical of anything that the federal government gets involved with. my question is can you envision the gold standard that doesn't require involvement of a national government? >> that is an excellent question. the answer to the latter part is yes, indeed. we can describe a long-lasting gold standard that does not necessarily involve federal government management. it is laid out in the propositions and is the standard of the united states and nations this and

micron technology, mu. traditionally a volatile stock. this name is up 113% year-to-date.-time high for facebook, 39.32. it hit it earlier today. we'll see if closes there. we're looking at winners for expedia and netflix. what a day two years to the day after the s&p rating agency cut u.s. credit rating from aaa to aa-plus. that was two years ago. we've seen where the market has gone up. dramatically over the last two years. adam shapiro joining me in for david asman. take us to the bell. >> we'll be back with you in a minute. we want to go to nicole petallides on the floor of the new york stock exchange. facebook still on a role. trading at an all-time high, nicole. >> a lot of people were disappointed when they saw the stock going down, down, only 17 1/2 bucks. only to see it surpass the ipo price and $39. the target is 40 bucks. >> what about hbc? they're down 4%. >> at love banks didn't do well. hbc in particular. >> i hope you like teslas. my brother brought one, the doctor down in atlanta. they're hitting all-time high. up 54%. >> yeah. it is continues to do so well

. >>> a live look at chip company micron opening up the nasdaq.not quite as crazy as thursday's opening, that's for sure, when they had a snow mobile out there doing it for fox, but a good day nonetheless. you know why? it's friday, august 9th. this is "today in the bay." >>> it is 6:30 on the nose. happy friday everybody. thanks for joining us. i'm jon kelley. >> i'm marla tellez in nor laura garcia-cannon. in palo alto at the stanford university campus, we take you live there from our chopper. what is happening here is that crews are trying to pick up the pieces, clear out the mess left behind from a tipped over fire hydrant. we can show you when the impact happened. a car ran into a fire hydrant and this is what happened. the water spewing out onto the roadway. we've learned this is happening on santa teresa drive on the sanford campus. it's something we're keeping our eye on for you this morning. police right now investigating a shooting in san jose this morning. officers responding to reports of gunfire on cunningham avenue. that's blocked fr

mike r micron tech down 2%. the biotech index up and on"x" pharmaceutical and amgen and blackberry shares down 4.6%, blackberry reporting that three more executives have left the firm. >> thanks for the full rundown. >>> the d.c. debate is who will be named fed chair, yell en or cohen? joining us our guests. i understand the federal reserve chairman is a huge job but when you're arguing about all three people with respect to them their policies are to the point is aren't we arguing over which shade of beige do we paint the walls? does it matter to the markets who get nominated and is put into place. >> i think it matters quite a bit at this point in time because the stock market has been done and i've been walking with you and mandy the last couple of showers. we've hadder in the the conditions in or an increase in it. yellin is expected to be more doing this and supporting the markets. larry summer may be willing to pull back. i think it's becoming more significant who the person is because quantitative easing

micron tech, cisco, apache. those are some of the biggest losers over the past week.ind the dow has lost 700 points since its record high on august 2nd. back to you. >> all right, thank you. 12 minutes before the closing bell sounds. we have a market worsening. art telling us the bias is definitely to the sell side, even though it is small in terms of the volume amount. 86 points lower on the dow. we've seen the selling materialize here. >> and that puts us in negative territory for the month, as well. the dow is now down about 4.5% from the record high. steven wood, he thinks that that's creating a great buying opportunity for investors and he'll lay out his investment strategy next. >>> also, home depot co-founder ken langone will join me to host the 4:00 hour. find out if he thinks the market sell-off is getting started and where he is putting money to work in this environment. back in a moment. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- ju

the smallest one is only 30 microns long. that's 30 millionths of a meter, about a third the width of a human hair. nelson: so, now just in the last few years, we've actually been able to build small things of a similar size and shape to real bacteria that swim just like they do, potentially deep inside a person's body. pogue: the magnet-driven robots in brad's lab-- the eye bot, the flagella bot and even a soccer-playing robot that his students created-- are each no bigger than a dust speck. brad's learned to modify his robots to overcome the physical obstacles in the microscopic realm. but he's only scratched the surface of the strange properties in that infinitessimal world. an atom is actually a fraction of a nanometer. pogue: chad mirkin is an explorer and pioneer in this weird realm-- the nano world. you keep saying you're building things on the nanometer scale. i don't even know what a nanometer is. so this is a meter, this is a centimeter, this is a millimeter. is this a nanometer? what's a nanometer? let me try to il

micron tech, it closed its lp to acquisition last week which will give it a stronger footing into thechip space, facebook up 3% on the day. priceline higher ahead of its earnings report on wednesday. sue, back to you. >> seema, thank you very much. >> let's pay attention to the yield curve right now. as we always do, the market is watching it closely. >> rick santelli tracking the action at the cme. hey, rick. >> believe me, it might be the dog days of august or very close to them but there can still be a lot of action in the fixed income markets. a 24-hour chart. you can see we're up a handful of basis points but let's open the chart up to the time slot that matters the most. start this chart out just before we have the last jobs report on the 5th of july, and what you'll see is that today hovering at 2.65 after what was deemed a weak employment report we're destined potentially of the third highest yield close and i find that so face naysnated because number one is the 5th of july after the strong high report and the other high close was a day after the report we had on friday. boy,

and as we go to break we listen to the big names moving to the upside on the nasdaq, micron, biogen, minute, 21 homes on the arizona border for border patrol personnel but at a cost to taxpayers extended thousand dollars according to investigation by the arizona republic. u.s. customs and border protection bureau build the homes to renew employees because the agency argues there isn't enough quality housing near the border helm, and anyway, housing affordability is falling, rising home prices and mortgage rates and san francisco and other coastal communities are beginning to shut out a large chunk of the population, 36% of californians can of forcing believe family home in the second quarter but that is down from 44% in the first quarter of this year. finally e as weakening to a 30 month low on the stock market, the price in large part due to the reopening of a pipeline to the marine terminal. prices are down because shippers have been transporting by rail to west coast refineries. that is your westcoast minute. public's smart phone charging stations. they're all over airports, bars,

micron has been the hottest stock, now it's downgraded.ple want to say, you know what, i want to be careful here. i want to clear some victorieses. analysts declare victorievictor. i had the ceo of agnet on the other day. 100,000 customers. business is strong for them. this was on "mad money." i don't want to leave this market but i recognize people want to take profits. it's not a bad idea. you can't want walmart to disappoint. >> from a tech standpoint do you want to be now with the facebooks and the apples and not with the intels and the microsoft and the cisco's perhaps? >> i think that you don't need to leave the latter but the latter disappointing in earnings and the former a ellie have great secular growth. chambers' terrific conference call until he gave the outlook. you want to be in mobile, you want to be in cloud, you want to be in storage. you just mentioned the companies that have that. that's where i want to be. social, mobile, and cloud are the holy trinity of the next five years. you got to have them. where is intel's socia

over at the nasdaq, micron technology, mu, doing the honors. >> ziing next to me, that's how busy it. >> it is loud. >> i know you said something. i'm not sure what. i know you just spoke. >> smiling and nodding. >> on cvent, ticker cvt, priced 5.$6 million at 21. above the range, mike, of 17 to 19. morgan stanley, goldman sachs, joint book runners. it will be an interesting test to see how all of this is digested today. >> i think this is the kind of name where portfolio managers want, pure play exposure to this area. this makes sense to me as an ipo. it's the private equity guys coming back and liquidating. interestingly not really redeploying the cash. they're not buying anything right now. >> right. >> not much. >> all right. you normally don't get an encore round of applause here. would you characterize it as a rush to the exit? >> no. they're seasoned enough. owned them for a few years. the pig in the python will be hilton. >> i was going to say what would you do if you're blackstone in would you rush this one out? >> i don't think so. don't rush it but don't wait around. the v

he was a micron manager. the problem when you are micron manager, you have to micromanage -- your managing every detail. heber forget some of the expense of others. a great example, he gets into a fight with the local farmers because in the confederate army the rules are, you show the court and delivered to us and backs as whose kernels of corn cannot ears of corn. now, as silly as that sounds, it's a big fight that he has with the local farmers. so the warehouses' do not have corn. could have filled them up. he didn't. one example. the confederate engineers, marvelous character the fortifications. he tells pemberton, need showman's. he forgets about that. ignores it. trying to date these earthworks. little things like that. the whole war as long as. a real good example of a bid that's one person. joseph johnston, the other confederate, primary confederate , you know that justin is here in jackson, defense among the union troops come across mississippi. but then he decides not to. they of the union officers.