nadella has focused a lot of time and resources building out the company's cloud services, which willount for an estimated 17% of revenue in 2016. still, not everybody is a microsoft believer. >> we've been kind of waiting for basically a reset in the stock price here, which has kind of essentially run away from us. >> reporter: if nadella is celebrating 2015, then the year can't end soon enough for ibm ceo jeanie rametti. ibm is down nearly 10% this year. its third negative year in a row. there is no other example of ibm suffering a three-year losing streak in its history according to factset. ibm, though, is enjoying strong growth in several key areas such as cloud, analytics, social, mobile, and security. the problem is that these new areas of growth aren't yet big enough to offset the pressures in the company's old businesses, meaning packaged software, services, and hardware. one of the few ibm bulls on wall street is brian white of drexel hamilton. he says ibm is an attractive play for contrarian and value investors. >> stock trades at nine times. s&p's at 16 times. you know, it

jenna: microsoft c-e-o satya nadella will first lady at tonight's state of the union address. one topic president obama plans to discuss -- ramping up "stem" and computer science education, in an effort to place more americans in high-paying technology jobs. microsoft has long pushed for more investment in technology education the president also plans on pushing for more parental leave, which nadella also supports. other guests of the first lady include: spencer stone, the hero who thwarted a terror attack on a paris-bound train. tim: if you miss the state of the union, not to worry, amazon has you covered! . the white house and amazon have struck a deal to put the speech on amazon's online video site. it'll be available to all customers starting on wednesday through the end of the week. the state of the union will not be connected to amazon prime. instead, the speech will be amazon video for free. tim: also if you're looking to live stream the state of the union address, we will be streaming it from our website, thats siouxland matters dot com. jenna: and speaking of the pres

what do you make of nadella getting one of those special 24 invitations?ion in the news, republican presidential candidates talking about walls, talking about barring immigrants from other countries, nadella is an example of a great leader in this country who wasn't born and a great american who wasn't born in this country. i'm sure this is a big part of the appeal for president obama. emily: microsoft, also making efforts to get more and more people learning how to code. david, you and i have been --king about shawna dela nadella's incredible rise. david: corey is usually a sage on this matter, but keep in mind, eric schmidt was there not long ago. adapt to obama does technology. there are a lot of things happening in this administration that unfortunately would have more progress if the congress cooperated. this white house has understood how transformative tech can be for the economy. they are getting on board with interesting ideas. emily: we also have intel earnings coming out. what are you watching? corey: data center. their market share in data cent

bill gates will be there, as will mary barra, satya nadella, jack ma, eric schmidt, sheryl sandberg and dozens of other c-e-o's. presidents barack obama and vladimir putin will not be attending. tim: crude oil prices dive below 29- dollars a barrel. it's the first time that has happened since 2003. investors are bracing for iran's return to global oil markets. wi sanctions now lifted the opec member- nation will begin exporting oil. iran is expected to quickly boost oil exports by 500-thousand barrels per day immediately, and it could reach one million barrels per day within a year jenna: here in siouxland, poultry farms are starting to bounce back after the bird flu caused huges nebraska. now, farmers in indiana are getting concerned because they have recently seen an outbreak of a new strain of the avian flu in their flocks. we get more tonight from dennis ting. " "the campus of vincennes university in jasper... turned into a command post... working to combat a dangerous disease... for turkeys. tammy humbert-- "i would not classify this as an outbreak. i think right now we're at a pro

that was satya nadella, the c.e.o. of microsoft! guys, come on, not all tallish, incredibly handsome, brown guys with extremely short hair and glasses-- holy crap! maybe that was me! holy bleep! wait. does this mean i'm the c.e.o. of microsoft? yes! i guess i should let my kids know. let me just call them on my microsoft lumia 640 l.t.e. okay. how does this thing work here? how do i make-- where's the keypad? how does this thing work? why would i greenlight this? it's not intuitive at all! this is terrible. i have a special announcement i am hereby resigning as c.e.o. of microsoft. in my short term as c.e.o., i feel like i've taken the company as far as i can. ( laughter ) can i have my golden parachute now, please ( cheers and applause ) thank you. ladies and gentlemen, capitalism! thank you very much. this is our play for this evening. but, yes, the sun is going down on barack obama's presidency. now, something tells me unless ben carson can pull off a miracle rivaling the time he sawed those two damn babies in half, we're probabl

satya nadella trying to build a system of gadgets and cloud-based software that work together.res are already trading in milan. feel chrysler distributed to shareholders there remaining 80% stake in the automaker. convince tried to investors that the value will increase once it is no longer creator. mass the dow dow down 400 points. 2.4%.p 500 down 869.40 daq down our health care reporter is here now and will have more on what this new deal proposed will mean the industry as a whole. >> it looks like it is about $2 billion more on the offer. and a little more time for everybody to get comfortable. when this happened over the summer, they had been an index independent company for about 30 days. all of a sudden shire came out and said we would like to buy you. they never even had a chance to figure out where their new office was. we are now six months away, they now have had time to talk to their investors, and as we enter the new year and looks like there will be an attempt to get this done. was an all stock deal last time, and now this is a stock and cash. in versions getting t

satya nadella trying to turn things around.some of the things he has not managed to change? ,ory: the culture has changed from a lot of indications, a lot less shooting at each other. there is also a notion that while the pc is important, windows and office remains important, they have a rounder cloud offering, focusing on the things for the future. those were not always as clear during the ballmer administration. he is very focused on the future of computing. keep an eye out on windows, which could be the big surprise. david: cory johnson from san francisco, thank you. more bloomberg markets coming up after the break. ♪ . . the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. bec

personal computing revenue down 5%, but cloud, intelligence cloud revenue up 5% under satya nadella,s the ceo tries to clean house to make this company work better again. operating income of $6 billion. we're also looking at phone revenue down 49% based off of constant currency, reflecting what they have been changing with nokia and getting rid of that business there. so what we're seeing is intelligent cloud revenue up 5%. we're going through this now. but we don't have an outlook for the current quarter for the year. that will come on the earnings call. david: but it is up after hours. by the way amazon is now $565 a share. that is way down, over 10% after hours. thanks, jo. melissa? melissa: major security concerns after new study shows hundreds of badges, phones and even guns all lost or stolen from the department of homeland security. our security panel weighs in on that. david: and jeb bush hoping his big brother, gw, will be his trump card on the campaign trail. >> he turns out to be the most popular republican in, that is alive. so it is not a bad thing to be the brother of a

we know investors are fans of sacha nadella and the cloud business.ast 12 months. but intel's latest report highlighted weakness in the pc market which could spell a challenging quarter for microsoft. guys, back to you. >> all right. thanks so much, josh lipton in san francisco. up next, speaking of microsoft, it's deal with the nfl not resulting in the type of coverage the company is looking for. that all happened yesterday, and we'll explain, next. ♪ okay, so you launched your bank's app. now what? how will you keep up with the new demands of today's digital economy? the fact is: some believe they won't need a traditional bank down the road, so at cognizant, we're helping banking and financial services companies think digital, be untraditional, and reimagine what the bank of the future can be. our clients can now leverage customer intelligence to predict their financial needs and provide more contextualized products and services. we're creating new platforms across channels so customers can effortlessly invest, borrow, lend, transact-wherever-whenev

syrian refugee, staff sergeant spencer stone, french train attack hero and ceo of microsoft, satya nadellainates me. >> i thought it was smart to have the empty seat. the president clearly, the town hall with anderson went well. he cares about this so deeply. i think he needs to bring this issue up and keep pushing it. and the array of other things, i think, does give us a clue what's in the speech. you see each one of the different things he's going to talk about the future, technology, microsoft, health care issues, talk about veterans. you can see the makings of his sort of vision of what the united states ought to be doing in the years ahead. >> and interesting to find out what this president will do in years ahead once he's out of office. >> i know, he's -- yeah. it's interesting, isn't it, how his energy has come back as president? striking to watch this. >> david gergen, thank you so much as always. >> thanks so much, poppy. >> you can see all of cnn's special coverage from the best political team on television tuesday night. coverage of the state of the union address, president oba

satya nadella seems to be doing pretty well.e looking for the offside to earnings, and also looking to see the intelligent cloud. there's always a discussion about clouds. tom: i can't keep track. we have paul sweeney in the next hour. vonnie: we do. tom: there we go. lacqua continues on the future of the city. francine: we can't keep track of clouds but we can keep track of the banks. let's get back to chris wheeler. chris, we were talking about deutsche bank. you put it very clearly that you don't see deutsche bank taking part of any consolidation phase. striking is last year we had someone new at credit squeeze and standard chartered -- you is best in class? -- who is best in class? >> it's difficult to say. ubs, who bit the bullet in 2012, lots of questions about whether they could do that as a full-scale bank, an they haved. may have a double-digit return on tangible equity, the over performance. what they have at the table, ahead wind of the swiss regulator has been good. they are doing the most stable. francine: is that f

it is all about the clad now -- nadella.ya francine: i love amazon, so i've been trying to figure out, guys, they said two days ago that they want to suspend in japan. makes a big part of their sales. i know it makes me a better mother when i travel. one of the yen, vonnie, the things we have not discussed is when this really filters through to growth. central banks delving into this negative territory, what does it mean for bank depositors? what does it mean for japanese banks? that is what we will try to figure out, especially as these negative rates go even more negative. mike: interesting. it is not all take deposits. it is a fraction of new qe that comes out, so will the impact be as much as people are talking about this morning? we will continue that conversation, and coming up later today, how does this impact the united states? wells fargo's chief economist will join me on surveillance radio, boston 1200, san francisco 960, and in washington, pay attention, presidential candidates, 99.1 fm. ♪ mike: this is "bloomberg

scarlet: how far along is nadella in turning around the company?he dramatic changes in an organization that is not been accustomed to dramatic changes. microsoft is famous for fighting against its biggest enemy which is microsoft. -- divisions famously i develop similar software rather than work together. by all reports, he has broken walls and is those more focused on individual alex and killed some sacred cows in redmond to show leadership and new direction for the company. he has been getting great reviews for his ability to change that business and has been focused on the future. microsoft is not quite there as far as delivering. for every person has written a headline that says the pc is dead, they probably typed that on a pc. scarlet: only you would say that. thank you so much. still ahead, another setback for the health care start up, will this be the straw that breaks the camel's back? ♪ scarlet: welcome back. faranos. trouble for is: the question and it's found that their blood testing technology was only testsused in one of 200 it was des

satya nadella is one of the people sitting there. on the gun control issue going to leave one seat. >> going to talk islamic terrorism. >> she doesn't say islamic terror. >> doesn't use that term. >> let's hope not. let's hope not. >> it's always isil. >>> news that you have heard by now certainly overnight. legendary singer/songwriter david bowie died after an 18 month battle with cancer. he was only 69. he just released his 29th album on january 8th which was also his birthday. just missed having a good birthday. he was inducted into the rock and roll hall of fame in 1996. he was a young guy. what scares me is some of the icons we all grew up with are -- >> yeah. >> it's hard to say good-bye to this guy. how old is jagr? -- jagger? >> i never bought a bowie album. i liked covers that a lot of people did. were you a -- >> i used to listen to him in college? >> i owned a couple of albums. >> you do? >> i still have them on cd. >> on cd? >> yeah. not eight track, cd. cds are the new eight tracks in this environment. >>> we've got to g