nokia is pretty bearish.here look for entry level, maybe the thing down the road is a good buy but not at this level. >> the one argument i would have would be this. it traded at 35 million shares and a lot of these put buyers of late have been buying puts with stock. i look at this as much more bullish. we're seeing more and more of that. >> you got in a fight with one najarian and the other one jumps on your back. i would appreciate you guys being individuals. >> i'm an individual. >> tim i can handle this. i've been in the trading business for years. i got teflon behind me. >> you don't need him backing you up. >> if you are buying puts you're concerned about the downside here. rising volatility is in the stock. be careful. maybe on a dip you buy it. otherwise stay away. >> tell us who you think won the street fight. tweet us using the hashtag bull or bear and we'll give you the results at the end of the show. how does the grown swoon affecting the price at the jewelry counter. later, a look at the biggest

but nokia well placed to pick that up. are lines with windows should not be -- microsoft windows should not be dismissed, even though these guys are lagging behind the leaders of apple and samsung, they certainly have the potential to overtake them. >> let me continue to probe away here, the emerging market strategy has been one thing that analysts have been somewhat excited by. nokia has so many different devices and been trying to target consumers across asia. we had numbers out from sap, concerns about the pace of growth and the likes of china. a company like nokia that is focused on timing in the markets as well, doesn't this raise concerns down the track that perhaps the earnings growth that has been priced in is not going to be forth coming anymore? >> the other guys who are suffering at the hands of chinese manufacturers are suffering because those products are better or cheaper and what nokia is doing now is they're trying to step ahead of everybody. >> this is not a competition story. it is about a slowdown on the

how about nokia? i don't know. i doubt initially even as microsoft ceo steve ballmer faithfully carries around the nokia phone with microsoft's operating system. talk about a solo endeavor. this week, nokia bought out siemens stake for $2.2 billion. so much for that obstacle. i imagine how cool nokia could be when paired with microsoft's skype. the downside is limited. i count myself as no longer a seller. i like the speculative situation. too much smoke has to be some fire. last but not least, what about blackberry? i don't like the idea there could be so many variant views about how they were doing ahead of the quarter announced last week. that means management didn't have control of the situation, or it wouldn't have let expectations get this far out of the hand. thorsten heinz, i have to tell you, he's a nice guy. he's a nice guy. but i don't know if that's what i'm really looking at to run blackberry these days. maybe we need someone to come in and break it up into easy to swallow parts and say, you know what,

i actually like nokia. but i'm not going to recommend ea because it's moved up too much. let's go up -- and that is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade. >>> coming up -- brand new biotech. you may not have heard of epizyme but its cancer treatments have investors putting its stock under the microscope, more than doubling from its ipo price in june. but is it too hot to handle?

and nokia and microsoft thursday. let's start with yahoo, analysts aren't expecting much from the quarter, which marks marissa myers first anniversary at the helm. myers 2-3 guidance is the bigger deal. 34 cents in eps to pull that off. myers is probably going to have to produce growth in yahoo's core display in business. >> i think tech investing is all about growth. if you can drive the revenue growth higher, you will be rewarded by your investment property. you can't just grow and not focus on the profitability of that growth. >> on wednesday we'llville brian giving his first earnings call, given the 11% drop in pc sales, it's going to be another quarter where intel will have to rely on enterprise and data center sales to pick up the slack. ebay has a challenging quarter to report, thanks to pay pal, its stock is near all time highs. and revenues would have to come in around $3.9 billion. that's the high end of the guidance range to support analysts estimates. then there's ibm, big blue had been a machine when it c

a deal favorable to both sides because shares of nokia are also rising.he biothrth tech firm amgen wants to buy. that is pushing the share price up more than 50% at this moment. this is what the market is heading for at the moment. the dax up .7. in new york the dow jones up more than 1% and the euro is being traded at a bit more than $1.30. >> thank you very much. lithuania has taken over the presidency of the european union. >> the first time a former member of the soviet union has run the affair. a new era is beginning for croatia as people wake up for the first times as citizens of the e.u. but it was temper bide fears about the debt crisis and its own economic problems. >> customs control are a thing of the past now. the two former states are partners again. this time inside the european union. there were cheers as crowds fwathered for the countdown at midnight. 10 years after croatia applied for a e.u. membership they are now part of the club. a new opportunity to achieve cultural and democratic progress. i am raising this class for the europe of th

a deal favorable to both sides because shares of nokia are also rising.he biothrth tech firm amgen wants to buy. that is pushing the share price up more than 50% at this moment. this is what the market is heading for at the moment. the dax up .7. in new york the dow jones up more than 1% and the euro is being traded at a bit more than $1.30. >> thank you very much. lithuania has taken over the presidency of the european union. >> the first time a former member of the soviet union has run the affair. a new era is beginning for croatia as people wake up for the first times as citizens of the e.u. but it was temper bide fears about the debt crisis and its own economic problems. >> customs control are a thing of the past now. the two former states are partners again. this time inside the european union. there were cheers as crowds fwathered for the countdown at midnight. 10 years after croatia applied for a e.u. membership they are now part of the club. a new opportunity to achieve cultural and democratic progress. i am raising this class for the europe of th

competitor nokia seeing a jump.'s go back to nicole petallides on the floor of the new york stock exchange. nicole, usually when apple does well, samsung does bad and vice versa but today they were both bad. >> there is a lot going on here especially pertaining to nokia. a couple of things. you had positive comments on nokia from both deutsche bank and raymond james. you had one of ratings companies downgrading them to certain extent. there was information from the marketing chief saying that her company will act like a challenger and be more bold in its ad effort and the emphasis on the nokia loom yaw ads will shift from trying to create awareness to demonstrating the phone's capability. everyone wants to know what it can do. i mean that sounds good to me. you can see the stock has done nicely up nearly 4% on the day. david: nicole, thank you very much. cheryl: well the s&p futures are closing. let's head back to scott shelllady in the pits of the cme. what do we know? >> what we know, highs going into the close. t

nokia over at jp morgan. best buy at credit suisse says the stock is their best near term idea, and apple over at raymond james. the question is what's going on with the sell side? why start the second half with all these controversial names? >> you're so right. i mean, best buy and credit suisse, that's a reinitiation. this stock has been unstoppable the whole year. it's been one of the best performers. pandora was supposed to be killed by apple. well, it looks like that has nine lives. apple, you can make a judgment that it's finally come down enough that you might want to upgrade it. all these seem to be reactive to stock prices, and i got to tell you, i look at that best buy, and i have decided if you have been following game stop, you start realizing that we decide that certain companies are going to make it. >> yeah. >> and that -- >> part of the argument is that people feel they've missed the run on best buy, and the note argues there will be other management changes that have led to 10x games. ulta, p

amazon, microsoft, moves to the upside and nokia, doing their restructuring. we point out investors are doing bargain hunting. beaten down stocks making gains. one my favorites, cliff natural resources. >> in the gold realm look at a name like newmont mining. some gold stocks, they're taking them today. liz: linkedin nearing about $200 level. >> good positive comments from susquehanna there for linked? that is one. reasons why you're seeing that one jumping. adam: bernanke's speech actually gave a boost to the homebuilders. how come? >> act absolutely. hearing from the fed head they're keeping everything the same for the foreseeable future, ultimately that is good news for reits and mortgage rates. ultimately that is good in turn for those homebuilders. as you see they moved big-time. they have been extremely volatile and have done so well. [closing bell rings] liz: bernanke clearly said, quote, housing has begun to turn around and there are good implications for construction as well. no wonder the homebuilders took off. the bells clang on wall street. look to

nokia, siemens. look at the shares right now. nokia is up over 4%. siemens shares up nearly 3%. a big deal underway. both companies here with up arrows on the news. certainly is interesting. also siemens, with those shares higher, exiting from the business as well. keep an eye on it. watch nokia's balance sheet after this one too. back to you, lori. lori: good to note. thanks, nicole. after closing bun 23% for the quarter, gold is making some gains today. fox business contributor phil flynn of price futures group is in the pits of the cme. a long way to go for gold. >> a long way to gold but the best quarter that i remember recently. we're up $32. a lot is production concerns. we went into the cost of production. a lot of mines will be shutting down. they're even talking about mining strikes in south africa right now. some very important talks are going on right now. the market was very oversold. due for a bounce. what better day to bounce than the first part of a new quarter. lori: bottom positive economic data, manufacturing, first and foremost but the turmoil in egypt, phil t

nokia is dead. two points, one about love and e other as product cycles.iming. people are n buying quite as many i funds because they know and a few months they're coming out with anyone. love, you know, apple tin years ago was somewhere around two or 3 percent of the value of text -- tex doc. that win up t 17 percent and it felt like a certain amount of that was not so much based on pnc's earnings but investors fell out of love. back? >> i think steve jobs was the originator and the perpetrator of that love. sounding sort of weird, but you look at what happened from 86 to 97 when steve jobs first lets the company. they fell out of favor in this still innovated. steve was a magician. the way he presented the product to the people, the way he created this bond. while coke is a fantastic gentleman, i don't think that he is bringing that. again, if they bring in a tremendous product and bylaws was something magical, that can come back. but you love the man and you love this creativity. he wasas behind the company. was he that drove it. dennis: i saw somet

cramer likes nokia.to piece of the microsoft exit strategy. >> at the same time, google is investing in the motorola phone. when that phone is made available for us to see, we'll show it to you. >> call it the bernanke bounce, stocks are rallying hard today. >> how do you accommodate a monetary policy for the foreseeable future is what's needed in the u.s. economy. >> john porchelli, good morning. >> good morning. hi. >> were you caught off guard, as well, by the fact that bernanke addressed recent policy moves at all and appeared to try and have it both ways saying tapering is not a tightening and that the markets bought it? >> yeah. i think it was poor form by the chairman to go into that particularly after 5:00 p.m. markets were already closed. it's nothing we expected. but i know the take away was that bernanke was dovish. we completely disagree with that as an idea. he did say they will remain highly accommodative. but context is key. you have to realize that he was talking about it in terms of the

apple and nokia rounded out the top three. >>> wal-mart ditching plans for new d.c.s after the city council approved a bill that would boost minimum wages paid only by larger retailers like wal-mart. the new bill raises pay by nearly $5 per hour. wal-mart says, can't afford it. >>> foreclosure dropped to the lowest level in seven 1/2 years in june according to realtytrac. foreclosures are are on pace to reach 800,000, down from 1.1 million last year. >>> alaska air raising its baggage fee, raising the cost of checking first two bags for $25 for tickets bought on or after october 20th. the tickets for third and fourth bags, $75 each. >>> greece's jobless rate rose to 27.9%. more than the average rate in the eurozone. [buzzer] liz: average rate is 20.2%. adam: very tough for people to live through that. liz: very tough. adam: officials meeting in the nation's capitol for economic talks including economic reform and a halt to cyberattacks. liz: rich edson joins from us washington, d.c. for the late left. it is not enough for the people to say, you have to stop the cyber

analysts say nokia is trying to catch up with the tech giant samsung and apple.y be one step closer to finding a cure for cancer. that's from researchers from an ford in california. they are about to go into human trials for what they're calling a wonder drug which they say kills cancer. would be participants are reportedly flooding in as you might imagine. this comes two months after a ground breaking study in which a doctor reportedly developed. >> anna: at this body that breaks down a cancer's defense mechanisms inside your body. well, a new study out indicates diet soda might make you think twice before opening another bottle. this study is a bit disturbing. plus, the biebs calls president bill clinton to tell him he is sorry. oh beebs. we will tell you what he did this time. and how president clinton responded next. every purchase earns you 2% cash back, which is deposited in your fidelity account. is that it? actually... there's no annual fee and no limits on rewards. and with the fidelity cash management account debit card, you get reimbursed for all atm f

offering extra money for breaking the boy called religion keith spend the fourth of july singing at the nokiarina here in tel aviv that he went ahead to you knew for an audience is in peace and love music fans from palestine made a video of the quest for unity of the buying concert tickets they couldn't even speak to someone that is really walls and checkpoints within palestine territories phone calls didn't get anywhere even as a human i would like to come to your concert you can see with this the strange apartheid wall that is completely doubled and a wall of building that prevents us from being able to access go anywhere we are here imprisoned and a very big and which is the reality of the situation it's not about peace or something it's only about apartheid it's almost barghouti founding member of the campaign for the i couldn't make and cultural boycott of israel thanks very much for joining us on what stage is the movement now just at the very end of last year the a.n.c. the african national congress that only part of south africa endorsed b.p.s. and the national conference an extremely

meet the windows phone nokia lumia 1020.m, nothing else comes close. ♪ notchewy inside... comcrunch n' chew. with a crunchy candy shell. untamed fruit flavor. jolly rancher crunch n' chew. [ cheers and applause ] >> jimmy: hi there, welcome back. >> jimmy: tonight on the program from "glee" naya rivera is here. and then celebrating their 20th anniversary and a new cd that just came out today called "in a world like this" backstreet boys from the sony outdoor stage. a bunch of women camped out overnight last night to see them. i wish i liked anything that much. i really do. tomorrow night, our friend, johnny knoxville will be here, logan lerman will be with us, we'll have music from queens of the stone age. and on thursday selena gomez, my old pal ben stein will join us, and music from palma violets. our first guest is a gifted and award-winning man who probably isn't happy to be here tonight. he gave us "seinfeld" and "curb your enthusiasm" and now, the new movie "clear history" premiering august 10th on hbo please welcome l

nokia looking to buy out siemens's share of the nokia-siemens network for $2.2 billion.out will make it more competitive in the smartphone business. >>> groupon announcing a new business, a pretty cool service. it will allow customers to book tables at restaurants with a discount up to 40%. the new service takes direct aim at online reservation service, open table. >>> starbucks experimenting with handcrafted sodas in atlanta and austin. the drinks come in variety of flavors. their latest push to move beyond coffee. >>> the european union gets a new member croatia after working more than a decade to meet @embership requirements. >>> finally random house and penguin complete the planned merger creating the largest consumer books publisher. they will control 25% of the entire book market in the united states and that is today's "speed read." >>> cable stocks are popping today, sparked by speculation about the next big move that may be coming from a true industry legend. liz: they never give up, do they, dennis kneale? the ones who are in charge from the beginning. here we

my question's about nokia. i notice that they came out with a fabulous new product this morning. has 42 pixels on it. have been getting very different ideas about whether that's a good investment or not. i thought i'd ask you and see what you had to say. >> i think that some things are call options on the possibility that things will go right and for the last 50, 60, 70 cents, i've said nokia is a call option on perhaps being acquired by microsoft. this is not blackberry. i think it's ahead of the game. any way, thank you for those kind comments. everybody had nice comments. guess who's back? ♪ is that despicable ben bernanke? hardly. yeah, the easy money has been made, but is there more to be made? yes. why don't we do it together. >> coming up, public display. from crowd computinging to pan fried noodles, a slew of new byes spark the highest ipo quarter in 60 years. but not all the offerings have sizzled. don't miss cramer's take on what separates the delicious from the dull. and later, browsing for a bargain. a more frugal consumer is turning towards discount retail rs, but wh

nokia has agreed to merge with siemen's. analysts cheered the deal but worries about the telecom group's cash position. the opposition protests in egypt called on president morsi to resign. >>> you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to the show. we had issued with the mikes. we have data out of the eurozone. manufacturing pmi. showing some signs of stabilization this morning. the final eurozone posting the index up to a 60-month high, 48.5 in june, but below the break-even 50 level that divides growth from contraction. some interesting numbers as far as this is concerned. spain up to 50. that stabilized easily. that is still the 23rd month of contraction since the high in july to 11. factories also reducing head count last month, but at their slowest pace since march 2012. for germany, factory output risen. reached a six-month high, 47.9. into this, it made part of the number. we have a great model. we'll bring that to you as well. great pmi, 45.4 in june

the first tweet is from -- who wants to know time to sell nokia. nokia's a r very spresing name.orted a weak quarter. yet the stock didn't go down and some of the -- was pretty good. i think you can own the stock for a 20% move and do not need to sell it now. up next, a tweet and it says saw you like vlo with baked in movement and possible bottom. how about tso and 9.2 times earnings, 4.5% growth rate. just to go back over, i think this is important -- what i was saying wasn't that i -- i can understand why people -- why? which isn't nearly as good. so please don't take my endorsement on the fact vaerro didn't have such downside. that's all the tweets we have time for. back after the break. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ chainsaw buzzing ] humans. sometimes, life trips us up. sometimes, we trip ourselves up. and although the mistakes may seem to just keep coming at you,

the first tweet is from -- who wants to know time to sell nokia. nokia's a r very spresing name.eported a weak quarter. yet the stock didn't go down and some of the -- was pretty good. i think you can own the stock for a 20% move and do not need to sell it now. up next, a tweet and it says saw you like vlo with baked in movement and possible bottom. how about tso and 9.2 times earnings, 4.5% growth rate. just to go back over, i think this is important -- what i was saying wasn't that i -- i can understand why people -- why? which isn't nearly as good. so please don't take my endorsement on the fact vaerro didn't have such downside. that's all the tweets we have time for. back after the break. hmm...fifteen minutes could save you fifteen percent or more on car insurance. yep, everybody knows that. well, did you know some owls aren't that wise? don't forget i'm having brunch with meghan tomorrow. who? meghan, my coworker. who? seriously? you've met her like three times. who? (sighs) geico. fifteen minutes could save you...well, you know. >>> memo to michael dell and carl icahn. jus

the first tweet is from -- who wants to know time to sell nokia. nokia is a very interesting name.cause it reported a weak quarter. yet the stock didn't go down and some of the -- was pretty good. i think you can own the stock for a 20% move and do not need to sell it now. not after how it acted with the so-called beg court. up next, a tweet and it says saw you like vlo with baked in movement and possible bottom. how about tso and 9.2 times earnings, 8.45% growth rate. just to go back over, i think this is important -- what i was saying wasn't that i -- i can understand why people don't sell it. why? because it's already come down a lot but that's really about it. and i certainly don't want to own tessoro which isn't nearly as good. so please don't take my endorsement on the fact valero didn't have such downside. that's all the tweets we have time for. back after the break. >>> memo to michael dell and carl icahn. just walk away from dell. hey, all will be forgiven. after what i heard yesterday from all the tech companies i follow, dell's worth perhaps less than $9 a share. to the

you mentioned nokia and blackberry. they had monopolies and went to cash level. their core businesses left for dead. do you think microsoft could be in the same position five years from now? are the secular headwinds so severe that we could be looking at them with a $75 billion cap in five years? >> who knows. five years from now we'll probably have different jobs by then. but here's the way to think about it. somebody remarked earlier on the program about google. we have a negative position in that as well. but the difference with google is they're in a good spot. they may miss a quarter -- they missed 7 so it's not good but eventually this mobile transition will have run its course. we're going to be searching, using their products. they're on the right side of this even though they missed 7 quarters in a row. eventually that will change. for microsoft you need stabilization in the pc market. maybe that's two years from now and we're selling whatever the right number is, 250 million units a year instead of the 300 million plus we're selling now. at that point y

lumia for nokia. you need basic applications. people with smartphones aren't going to buy it. before we go to break, let's check this out. this is a hovercraft for a golf course in a club in ohio. they just bought two of them. so soon, if you golf at the springfield golf course, you're going to be able to rent those babies. they were originally made famous by a viral video starring golfer bubba watson. it will cost golfers $200 per round to rent. the company won't say how much they paid for them, only that it cost about 10 times more than a regular. still abide by golf rules, though. don't go over sand traps. i wouldn't even golf. >> that whatever you call it, bladder of rubber or whatever. okay. >> i believe that's the hover. >> that's the hover. >> in the hovercraft. >> is the name called the hover? you hover, i hover, they hover. on deck, moguls and mergers and media, oh, my. jack dorsey all atwitter. here's a hint for you. don't say we didn't warn you. >>> could rising rates in mortgage rates actually be a good thing for you? our guest says yeah. he'll make the case in a m

on the bright side, gnocchi a said its cost-cutting program brought its lost -- no kia -- nokia said its cost-cutting program brought its loss way down. profits at software giant s.a.p. grew in the second quarter. >> strong sales in cloud computing and support divisions also boosted the numbers, but the company has lowered its outlook for the whole year in its core software business, blaming slowing sales in the asia-pacific region. they now expect annual revenue to grow by 10%, down from earlier estimates of between 11% and 13%. s.a.p. was a big talking point at the stock market in frankfurt today. our correspondent has more. >> the numbers show the outlook has been a big disappointment. traders are mostly worried about the weaker business in china. this could be a negative signal. this was first weighing on the german market a positive economic data from the u.s. improve the mood, pushing the dax forward. there have been signs of improvement in the u.s. job market, and at the same time, the fed chairman reassure the markets that the central bank will only wind down their massive st

on the bright side, gnocchi a said its cost-cutting program brought its lost -- no kia -- nokia said its cost-cutting program brought its loss way down. profits at software giant s.a.p. grew in the second quarter. >> strong sales in cloud computing and support divisions also boosted the numbers, but the company has lowered its outlook for the whole year in its core software business, blaming slowing sales in the asia-pacific region. they now expect annual revenue to grow by 10%, down from earlier estimates of between 11% and 13%. s.a.p. was a big talking point at the stock market in frankfurt today. our correspondent has more. >> the numbers show the outlook has been a big disappointment. traders are mostly worried about the weaker business in china. this could be a negative signal. this was first weighing on the german market a positive economic data from the u.s. improve the mood, pushing the dax forward. there have been signs of improvement in the u.s. job market, and at the same time, the fed chairman reassure the markets that the central bank will only wind down their massive st

meet the windows phone nokia lumia 1020.invented zoom, nothing else comes close. ♪ tons of 6 inch subs and 21 ounce drinks to choose from, just $4. all day, every day. ♪ subs made just the way i say hurry in today for the amazing new subway $4 lunch. ♪ at subway! hurry in today for the amazing new subway $4 lunch. olive garden's new lunch combinations. choose from calzones and sandwiches. like our new signature meatball sandwich. served with unlimited soup or salad. so many lunch combinations starting at $6.99. when you go olive garden! [ cheers and applause ] >> jimmy: a guy who really knows how to throw a baseball. from the l.a. dodgers, clayton kershaw is here. and then with music from their self-titled album, it comes out september 3rd, pepper from the bud light outdoor stage. [ cheers and applause ] by the way, i mentioned that on august 1st, which is thursday night, pepper will be part of 50-50-1. bud light is holding a concert in each of the 50 states all on the same day, and you can see pepper live in seattle, washin

lori: a new phone for nokia, a one.neers in cell phone technology is making a push to gain market share in the cell phone space unveiling the lumia 1020 today. it will use operating system and what they're calling the best camera on a smartphone ever equipped with 41 megapixels. it will debut at at&t this month and retail for $299 with a two-year contract. >>> battle over immigration and farm bills. house republicans refusing to take up the senate's immigration bill saying they will take food stamps out of the farm bill. republican congressman chuck grassley of iowa weighs in. tracy byrnes and ashley webster guide you through the next hour of "markets now" on fox business. announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade.

marathon oil getting downgraded to buy and nokia getting downgraded as well. cutting the teleconjunk's rating further into junk. >> shares of nokia rival samsung getting whacked. the company reported record profits but sales of its galaxy smartphone came in below expectations so is the smartphone market becoming saturated? jon forth, tell us. >> yeah, tieler, yes. saturation is happening. apple and samsung have already gobbled up all the profit share in smartphones and now the concern is there's not much profit growth yet to be had. samsung says to expect sales of about $50 billion in its second quarter. i'm converting trillions to billions and an operating profit of about $8.3 billion. analysts wanted around 8.9 billion in operating profit on average. that is still 47% higher than a year ago, and revenue is nearly 20% higher, but the galaxy x-4 may not be living up to expectations. that possibility at odds with a report that say samsung has sold 24,000 in the past week. mobile analysts estimate samsung spent about $600 million on u.s. marketing and promotion

nokia has got to get its act together. pandora we've heard nicole talk about.couldn't hold them down and morgan stanley says it's going to 48. >> and 91 mega watts of power in thailand of all places, and of course we talk about tesla. rumor or not, previously a target of $70 on it, a big move here, and pharmaceuticals, have rejected a takeover bid from amgen. now, i think that amgen offered 120. look at the screen. $131. that suggests strongly, wall street thinks it will be another bid. significantly higher than the first one. keep an eye on the stock. let's check the big board, we opened slow and look where we're at now. 100 points and another triple digit session at least this time in the right direction, speaking of which we've got to talk about gold and sank to $1200 an ounce. last week the worst quarter in fact in history for them. and the question, has it bottomed? is it time to buy? i know you want to know. we get your e-mails and your tweets and we might have an answer for you and an expert coming on after this. clients are always learning more to make

first of all, this isn't nokia. this is not that complicated a company. this is very, very simple. this is games, that's it. and it's a great ceo right here who has the big company experience that can term them -- >> stock rallied 40% already. you're looking for the stock to rally. it did it already. the game is over. >> it's where they're going to. >> agreed. >> and dr. j, who made the more compelling argument on zynga? >> judge, you know i'm a bull on this one so it's not fair to you, murph, because even though it is stephen weiss, i'm going to go with stephen because i like the move here. i think it's very similar to andrew mason. also a very smart guy but just wasn't doing the job as the head of the company. i think this is a key strategic move. i think this stock sees $5 probably by the beginning of the fourth quarter, judge. >> do you think they overpaid them, doc, $50 million for the first year? >> not based on how much that stock has moved already, murph, no. >> this guy is not a-rod. they had to pay what they did to bring him into the house. >> now he has to perform. >> he

nokia that uses microsoft software in the phones unveiled the new lumia 1020 today and he is sure he picked the right partner. >> to combat samsung, apple feels like a good place. if you look at the an droid market now and the players in the android market environment, it's a tough slog. >> reporter: how will we really know if microsoft is making the right moves? in a year and a half, we'll see products developed under this new structure, if they are mind blowing steve job will look like a genius. who will be the next microsoft ceo to make big changes? >>> the sharp rise in sales of tablets and smart phones comes at the expense of the old fashioned desktop computer. worldwide shipment ps of personal computers fell for the fifth quart near a year down 11% from april through juniper i didn't do. >>> as pc sales take a serious slide, china unseeded hewlett packard to become the world's number one pc maker. lonovo who bought them back in 2005 controls 17% of the world's pc market. hewlett packard slipped to second place. >>> ford is cutting the price of the all electric 2014 focus sedan

on thursday, nokia reports before the bell. all eyes will be on smartphone sales.ll see if last quarter's numbers add credibility to the survival story, if nokia is experiencing the turn around that is evading blackberry. google and microsoft, both companies trading at or near their highest levels in recent memory. for drastically different reasons. google's core business is strong, but taking risks in mobile that might hurt the bottom line, microsoft is eroding pc business and prompted a rework last week. arguably more important than this week's results, what these companies say about the outlook for the second half. between ebay, ibm, intel and more, investors looking to consumer and enterprise should get a broad look. for cnbc, i'm jon fortt. back to you. >> that's a look ahead to the big tech names. another big shareholder voiced opposition to michael dell's proposed buyout offer. the asset manager owns a decent 4.4% stake in dell. the company first came out against the buyout in february. shareholders vote again on -- they don't vote again, they vote on thursd

nokia has now secured ownership of a profitable business to secure its balance sheet. >>> last week "power lunch" was the first to tell you about a lawsuit against the energy drink monster beverage. the company is now fighting back and will join us here on "power lunch" after this short break. >> "power lunch" has add you as a friend. join the conversation on facebook, ask a guest a question, make your voice heard in our polls. access behind-the scenes content from our studios, the new york stock exchange and beyond. go to facebook.com/powerlunch. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day

nokia has teased that it will make a "big" announcment today. some have speculated that it could be tied to a new phablet, the lumia 625. furthermore, google is holding a press event tomorrow. speculation is that a new android phone and nexus tablet will be unveiled. still to come, forget emmy nominations. we turn to the charts to see if investors are tuning into netflix. plus, a look at what it takes to be a star leader in corporate america. first, though, the sector of the financial industry turning into a job magnet. first business continues after this. this neighborhood sure has changed a lot over the years. you know there was a time when people like me couldn't live here. i'll never forget being told i wasn't welcome in this neighborhood. well i own this building now, the fair housing act made a difference for someone like me. so i can choose where i want to live, free from discrimination. glad you could make it, right this way... regulators are taking "speedy" action against high-frequency trading firms. powers granted by dodd-frank are be