that is why nomura puts their buy rating and stock is up $2.83.he bad sign or tough sign year-to-date it is down about 50%. you remember annual highs right around the $75 mark. not quite at its highs and beautiful bounce back with potential to grow. >> absolutely. they had a tough time of it. nicole, thanks so much. talk about tough advice. venture capitalist mark andreessen tweeting out tough love, whatever you do don't follow your passion, don't. we have ken mahoney and james freeman and denny strigil are back with us as well. he said following your passion is dangerous and destructive career advice. mark cuban. never follow your dreams. follow your effort. elon musk, you need to work super hard every waking hour. what downers! >> mixed messages. but i get that. having a passion is good thing but some people follow the passion where they're entrepreneurs, with idea of product. doesn't have prove of concept and borrowing money for parents on their homes and never get anywhere. you do want to really follow passion. some people follow it so much an

that is what an upgrade from nomura can do after a trial for twitter. the stocks finish of up. these numbers are still settling. you can't call it yet for the s&p. in a few minutes we might be able to. doesn't look like a record for the moment. for transports it may well be. we're watching closely. yes, that looks like a win. "after the bell" starts right now. david: take a closer look at today's market action. we have oliver porsche, gary goldberg financial services president. he said we have already seen the correction investors have been waiting for and expecting. we'll tell you exactly how. joel johnson, johnson brunettety

that is what an upgrade from nomura can do after a trial for twitter. see how the stocks finish of up. these numbers are still settling. you can't call it yet for the s&p. in a few minutes we might be able to. doesn't look like a record for the moment. for transports it may well be. we're watching closely. yes, that looks like a win. "after the bell" starts right now. david: take a closer look at today's market action. we have oliver porsche, gary goldberg financial services president. he said we have already seen the correction investors have been waiting for and expecting. we'll tell you exactly how. joel johnson, johnson brunettety president, with three long-term investments picks. todd horowitz down in the pits of cme. todd, let's talk about the interest rate. it is almost like a collapse. it has gone down 21 basis points just this month on the 10-year. what is that telling you? >> hi david, hi liz. depend on what side of the camp you're in. if you're a bull everybody is selling foreign debt and buying u.s. foreign debt is much higher and selling in

thank you nomura. be a good deal, if it is for at&t mostly a cash transaction.low would have to be greater. >> there may be another distinction. time warner cable coming together with comcast, effectively bringing together to companies. at&t directv, it is different. imagine directv teaming up and now you can get the whole lineup on your phone. there is not a transaction yet, but amazing. >> i got a picture of jay-z on the elevator. >> imagine. this feelat make pretty exciting to me as a consumer. >> james lockhart with me. >> the regulators have made very .lear they want four players >> at&t, verizon, t-mobile -- in thee is washington discussion? >> i think washington will no doubt emerge at some point. i think they will have to look at both of those utilities. >> they are incredibly profitable. >> also, the market is pretty saturated. 90% of americans have some kind package.tv >> nice breeze. you did this about reading the assayrk post about the -- beyonce and jay-z. >> i do not want to go there. just reading. croissant up, chris he joins us. he will be the gu

. >> good to see you, global head of fixed income research at nomu nomura. >>> still to come, disney'slion in sales. that means earnings have gone. we'll have analysis of the results after the break. >>> also, we'll take a look at how futures are trading as well. we are slightly higher at the open today. >>> you're watching "worldwide exchange." i'm ross westgate, the headlines, alstom ceo's tells cnbc exclusively that ge has not made an improved offer yet and that the french government's views on a potential takeover are absolutely legitimate. >>> alibaba takes the first step towards what could be the world's biggest tech ipo. the chinese e-commerce giant files for u.s. listing and reveals it's already handling more transactions than amazon and ebay combined. >>> hsbc profits down 20% in the first quarter. weakness in investment banking way. the lender saying it's seeing muted customer activity. >>> investors keep a big eye on washington today. fed chair janet yellen begins two days of hearings on capitol hill on the u.s. economy and monetary policy. >>> you're watching "worldwide exc

join us now, louis lower than expected, chief analyst at nomura securities.entlemen, welcome to both of you. it's great to see you. serot, let's talk about the market reaction yesterday. it was strange to see the dow and the s&p pick up so sharply but there are serious concerns about what's happening on the nasdaq. >> the market is definitely sending cautionary signals. we think there's a lot of income substitution going on, the ten-year, 2.6 is scary. geopolitical risk as joe just mentioned, as far as europe slowing down china, i think you have to take it slow. we feel the next couple months you'll see a little bit more of a correction. >> even trading below that, the yield was below 2.6%. is this concern about the economy, is this concern about jaeio political issues? >> the geopolitics played a little bit into this. i think what happened coming out of last year, people were very, very short. i think the slowdown in the economy in the quarter caught people a bit off guard. you've seen them having to reverse. you saw that on friday when you got a good jobs r