lately it's been nyse. twitter, linkedin, biggest ipos have been nyse why the nasdaq has been in full-court press to lure more tech business opening a center in san francisco to attract those new startups. they didn't get pure storage though. they'll ring the bell on nyse in 15 minutes. we'll watch for that first trade. a rare ipo. only 19 tech ipos so far this year. >> a tug of war going on right now over where those tech companies do ipo. >> hopefully home court advantage for nasdaq in san francisco. >> interesting where those numbers are headed. thanks a lot. >>> doctors right now calling this next story a miracle. >> it really is. a little boy expected to make a full recovery after the force from a car crash actually caused his head to internalaly detach from his neck. he'll spend the next two months wearing that brace you see right there known as a halo. he was with his mom and sister when their car crashed head-on into another car at 70 miles an hour. jackson was air lifted to the hospital where surge

i was a clerk on the floor of the nyse.d on the floor, richard nixon, on sunday night, and -- announces that he is going off the gold standard. i walk on the floor of the nyse and it is up a lot. and i learned that every time, but you have is it stimulates and makes everything cheaper and causes things to go up. in other words, when you have zero interest rates, what are you going to do? michael: you have an economic model, central banks around the world have to ease the u.s. and secular stagnation, you are optimistic about china but they will be slow. for investors. ray: i don't think the secular stagnation, i shouldn't even interrupt your question. michael: what kind of returns, in the next 10 years, can investors expect? is it going to be different? ray: you know it. you will have returns that are probably going to average somewhere in the vicinity of 3% or 4%. this is a major pension fund problem because the way assets work is when there is quantitative easing for these purchases and prices go up, that is producing a pr

nyse group which is owned by intercontinental exchange says it expects u.s. exchanges will be open for normal trading on monday if joaquin makes landfall on east coast. a rare, rare day that the new york stock exchange closes. nyse is ready to invoke disaster recovery procedures if necessary in order to maintain critical functions for trading and operations. closed for a few days for sandy when there was actual flooding. for the most part, almost never closes. there could be a ton of snow and water and everything. nicole: the guys come in ahead of time. traders stay in nearby hotels, open for business on time the following morning. let's get caught up on global market action. we start with asia overnight. here is how stocks closed the session. hang seng up 3%. kospi down half of one 1%. it will be through wednesday. lauren: china making it easier to buy a home, minimum to put down. they're boosting economy. lowering taxes on autos. still trying to inject confidence. look at europe. cac is up 1.2%. dax and ftse up 1% as well. nicole: here in the u.s. we're a b

the shares trading today on the nyse.kies --podcasters more people subscribe to the web streaming services. added customers. shares getting left this morning. coming up next on the pulse, we have been to zurich. basics of the declines, what does it mean? ceo ofgoing to ask the norsk hydro. ♪ manus: welcome back. we are back on bloomberg tv. looming -- streaming on bloomberg.com. one of the words -- one of the has big-- norsk hydro estimates. ,e speak to the company's cfo kallevik. you are going to put more light on this for us, china. ceos,ken to a variety of it is so difficult to say what is going on. give me your perspective. the commodity is important. you are right. china is very important. it is more than half of the world's production. the good thing is we see good inside andhe demand outside of china. still around 4% global growth this year. it is an ok outlook. manus: let's talk about your business. for the people out there who say i see pictures on my screen. you are in the acquisition mode at the moment. , why d

i was a clerk on the floor of the nyse. floor, richard nixon, on sunday night, and announces that he is going off the gold standard. i walk on the floor of the nyse and it is up a lot. and i learned that every time, what you have is it stimulates and makes everything cheaper and causes things to go up. when you have a zero interest rate, what will you do? brendan: you have an economic model, central banks around the world have to ease the u.s. and secular stagnation, you are optimistic about china but they will be slow. for investors. ray: i don't think the secular stagnation, i shouldn't even interrupt your question. brendan: what kind of returns, the next 10 years, can investors expect? is it going to be different? ray: you know it. you will have returns that are probably going to average somewhere in the vicinity of 3% or 4%. this is a major pension fund problem because the way assets work is when there is quantitative easing for these purchases and prices go up, that is producing a present value effect. it is like a bon

bob pisani joins us from the nyse floor. it feels like it's been a stealth rally, bob. >> the reason it feels that way is there's no obviously strong leadership. it's not like oil is coming out of the box or even we're getting dramatic turnarounds in biotech. it's been up and down, but we are consistent. we're up fractionally for the week. the s&p 500 kind of meandering around towards the end of the day but still solidly in positive territory. as you mentioned, health care a modest leader but i want to mention we're getting big industrial names. ge not bad and honeywell had very good numbers overall, and more importantly they essentially said for the full year they'd be right in the middle of the consensus estimates, $6.10. down a little bit here today, but overall a very good number. i want to show what the effect of the strong dollar has been having. i have been pointing this out for a long time. they reported organic sales numbers were up 2%, but the reported numbers, which includes the effect of currency down 2%. this is

more "squawk on the street" from the nyse where ferrari is going public today. so what's your news? got a job! i'll be programming at ge. oh i got a job too, at zazzies. (friends gasp) the app where you put fruit hats on animals? i love that! guys, i'll be writing code that helps machines communicate. (interrupting) i just zazzied you. (phone vibrates) look at it! (friends giggle) i can do dogs, hamsters, guinea pigs... you name it. i'm going to transform the way the world works. (proudly) i programmed that hat. and i can do casaba melons. i'll be helping turbines power cities. i put a turbine on a cat. (friends ooh and ahh) i can make hospitals run more efficiently... this isn't a competition! the most advanced iphone yet. get the new iphone 6s at t-mobile. the network that's doubled its lte coverage in the past year. our new extended range lte signal now reaches twice as far as before. and is four times better in buildings. get our lowest price on iphone 6s with trade-in. zero upfront and just 5 bucks a month with jump on demand. get it now at t-mobile. >>> awfully big ipo today a

but when we played that clip you heard a few groans from our crew at the nyse. i am a golfer and i can't even imagine what's happening over there right now. let's talk about the way the market is setting up right now because we are having a fairly uneventful day if you look at the tape. however, you got to keep in mind that this is all ahead of a huge, what could be a massive week of catalysts both on the company-specific earnings side of things. remember 150-plus companies in the s&p 500 reporting their numbers, including the world's biggest, apple, tomorrow, and then you have lighter volume today because there's all of this jockeying for position, this waiting, if you will, for what's going to happen. the calendar is also deep as well. you have durable good orders, a advanced reading. gdp late they are week and all of that framed around what's going to happen with the fed interest rate meeting and what their decision will be. a lot of pros say it's 90 plus percent priced in there will not be an interest rate increase. a sector to keep an eye on for sure, energ

microsoft stock hitting a 15-year high as nadella over at nyse seems to have got this beast moving againas cloud computing, being, and apparently microsoft 10, the windows 10 service, all helping this business. back to you. >> cnbc's jeff cutmore live from london. thank you. >>> all right, everyone. buckle up. time now for sports. we begin with the nfl and the 49ers hosting the seahawks on thursday night football. to san francisco, the seahawks snap a two-game losing streak, posting their fourth straight win against their nfc west rivals. seattle running back mar shawn lynch rushed for 122 yards and a touchdown. quarterback russell wilson found tyler lockett for a 43-yard score. and the seahawks beat san francisco 20-3. >>> to college football now, and a historic performance by ucla quarterback jeff rosen hosting the number 20 california golden bears last night. rosen completed a school record 34 passes, finishing with 399 yards, and three touchdowns. two of which were hauled in by receiver devon fuller. the bruins beat cal 40-24. >>> and a small scuffle broke out between the two teams a

of the nyse has agreed to by interactive data holdings for $5.2 billion.a abramowicz follows the market on bloomberg news. signals this acquisition a way for good old-fashioned human beings, bond traders? lisa: interactive data specializes in information that you gather, not by looking at a screen, but by calling people and asking them about what they view as a potential value, by scrutinizing deal documents, determining what potential streams of revenue might be coming in, the safety of the covenants. the granule aspects of bond trading that are crucial to giving people confidence that they are getting a good or bad deal. in other words, in bonn trading, it is very different than, say, going online and buying a pack of socks. it is a different kind of animal. you are dealing with an abstract instrument and a lot of really smart people who are going to try to game you. so they are confident that they are getting a good deal or a bad deal or if things are trading, they want to know who is on the other side. so then why would you want an electronic trading s

live from post nine at the nyse. >> keeping it in stock. david, i only have two taps. don't need anymore taps. that is my best seller and it is for a lot of people in this country. >> it all starts at 9:00 a.m. eastern. >>> riddle me this. how the heck does the stock of yum brands, kfc, pizza hut and taco bell, plummet 18% in a single day? how can they destroy so much capital on earnings. i'm surprised the stock wasn't down even more. that's how bad the story and the dissemination of the woeful news truly was. first the setting. yum is a big international company. for years investors have ridden this transformation, if you wanted to play the growth of the great chinese middleclass, it's simple. more shares of yum. play they did. with the stock rally from 7 bucks at the turn of the century to $95 this spring. it hasn't been all smooth sailing. they hit a huge speed bump about sanitary conditions that was once considered to be the most pristine, cleanest and safest places to eat in china. many couples held their weddings at kfc. there has been a three-year store decline

an up and down pattern here, but the next couple of days look nyse and it is quite delightful that the timing is right for along weekend. >> yes. hopefully, you have off tomorrow. >> yes. >> i can't wait. >> are you off as well? >> i'm working but not the parade. >> you're working double so it is all good. >> she said 20 minutes to sleep since april. which is crazy. >>> a special community calendar. i just had some inspiration. this addition of the channel 7 community calendar is dedicated to chase utley and the los angeles michael jackson classic dirty diana. >> look for migrating hawks soaring. and fashion your own. fall scavenger hunt and see nature signs of the season. >>> a fun filled day in queens at the harvest festival. colonial candle making part of the festivities. if you love garlic, you're in for a treat. come sample this at the tasting festival. >>> in brooklyn, celebrate fall with some dutch traditions. the lights will shine a little brighter during ill lum nim nate stapelton. this unveils the work of seven food, music and good old neighborly love. for more information an

joining us right now from the floor of the nyse. i am hoping. i am praying.en hoping for some time now. i have to say, i do not think it is going to happen. the fed has about as much credibility -- [laughter] you know what is interesting. we have had an increasing number of people talk to us on our show. maybe not. well into 2016. why not queue before. can you imagine? spent over a million dollars. what a deal. trish: i would not be surprised. dealing with a whole bunch of government bureaucrats. they think that they really can affect things. i will give them this. they most likely helped everyone out back in 2008. we have now reached a point of no return. you have to start to wonder, are they doing more damage, creating more problems than they are actually helping? >> at this point, it looks like they very well could be causing more problems by making this artificial bad that nobody can sleep in at the moment. they still do hold power. every time one of them opens her mouth, what do we see? we see the markets move. it is the fed that moves these markets. cha

hanging on to 16 as they go public here at the nyse. our bob pasani has been all over post day today. bob. as i have been saying all day, all anybody wants right now is to keep this thing at 16 and above. it seemed to have found support at it 1,570. price at $16.17. the competition is other global payment providers. advances among them. global payments as well. albertson's did not price last night. we are expecting them to try again tonight. not clear how that's going to happen. 63 million shares. 23 to 26. obviously, obviously, there's pricing pressures there. pressure on them to lower prices. meantime, want to point out another big ipo sdejed for next week. ferrari. big implications because burberry, big luxury apparel maker, reported revenues were flat, and talked about slower sales in the luxury market over in asia particularly china. >> bob, thank you for that. let's get to the president. >> last december more than 13 years after our nation was attacked by al qaeda on 9/11 america's combat mission in afghanistan came to a responsib

. >>> when we come back, shares of t-mobile lower today on earnings as the company moves from the nyseo the nasdaq. john ledger will join jim cramer in a first on cnbc interview. plus, oracle's open world continues out in san francisco. oracle safra catz joins john in a cnbc clues swrsh we're just one day away from cnbc's republican debate in boulder, colorado. we'll go there live for what to expect when the top candidates hit the stage. "squawk alley" back in a minute. >>> oracle ceo safra catz, your first u.s. interview, first interview certainly as ceo. thanks so much for joining us. you are making some news this morning. we're going to talk about education. we're going to talk about women in tech. we're going to talk about strategy. first, education. oracle is moving a public charter high school, design tech, in san mateo high school district, union high school district, on to its campus. you're building them a school. tell me why you're doing that? >> it was an opportunity for us. we met the folks from d tech high school a while back when we worked with them in their intersessions

quiet day on the markets, as we look at the open on the nyse. dow and nasdaq treading to the negative. twitter says it's going to cut 336 jobs worldwide, many coming from the engineering department. the lay-offs are alarming to investors because they're interpreting that news twitter is not sure what to do with all of its engineers. it doesn't have some future projects and new, exciting feature or development ahead where it can stick those engineers. several now former twitter employees say they found out they were no longer employed when their e-mail was cut off this morning. had they been able to read their e-mail, they would have seen an e-mail from the ceo explaining those lay-offs. now there is a line in that e-mail that says, nower the rest of the organization will be streamlined in parallel. i talked to a twitter insider who says, yes, that line right there says what you think it says, it's just the first of several lay-offs. we have a couple of videos we'll show you, not because they're viral, but because they may do some good. you may w

we're all at the nyse today. >> how lucky is this? >> i don't think we've ever stood this close together ever. >> it's been a huge week for equities, the dow on pace for its best weekly gain since february. the s&p on track for its biggest gain of 2015, so will the rally keep on trucking? >> and we've got a great mystery chart for you. check this one out. it's a sector, and it's up more than 7% this year despite the recent volatility. how high analysts believe this group could go from here. >> and can you believe it? check out oil and gold over the past month. gold up 5%, oil up 12%. is the commodities crush finally coming to an end? we'll look at that. >> but we start with the stock market. earnings season front and center for investors. the big banks kicking it all off. dominic chu is here with what investors need to know ahead of next week. >> we have a big week, 33 s&p 500 companies or thereabouts will report next week. let's take a look at the expectations because they're not very good. overall look at the s&p 500 year-to-date. d

joining me on the nyse floor, rich weiss. we have jamie cox joining us.anaging partner at harris financial group. jamie, i'll start with you. if the fed acknowledges this budget deal as the stimulus that many in the market think it is, what does the market do? >> i don't know if the market really moves around on the fed making a decision or not making a decision on the budget deal, but i do think it moves away a lot of the uncertainty that the fed has been looking at. i don't think it makes any difference in the market. the markets will rise on their own irrespective of this budget deal. i do think it gives the fed some clearance to raise rates earlier in 2016. i think they're off the table now today and also in december. sther' going to wait and see how it goes before they do anything with rates. i don't think the market is pricing it in. i don't think they're going to go against fed futures. >> rich, there are still some risks in the market. it really depends how worrisome you think these risks are. will the economy relapse? is manufacturing an issue. i

also fresh off the opening bell here at the nyse.s fwood to have you. >> thank you very much. >> your symptom has multiplied many fold. obviously, bollywood hugely popular in india. what's the story for u.s. investors? >> i think you can look at india with 1.2 billion people in india, 400 million in middle class. 40 million joining every year. le three big things is movies, cricket, and religion. the movie industry is part of the movie industry. that means there's no music industry -- and that's where the whole focus is. we are the largest studio of india with a dom nabt box office share of market shares above 40%, and disney bought -- fox, viacom, and other big players, that are going into i understand india, and that's wonderful because it is first, the content production, which we have, and there are 27 different dialects in india. how do we move from hindi and produce more content? that's what we have been doing the best all across so many years. then we launched eros now. eros now is just not the netflix. it's a combination of y

live from post nine at the nyse. >> i mean this deal has to get done.t will get done. >> you think -- >> it will get done. >> all starts at 9:00 a.m. eastern. >>> all right. what happened to domino's pizza stock today? this has been one of the best performers stocks around. patrick doyle has led the company through a remarkable turn around. the strongest growth stories in the restaurant space. in fact, just last week domino's which has 11,700 locations across the globe announced some spectacular same store sales. but today the stock was plunged down $5.39 or 5%. in part because the company does so much business overseas that the strong dollar has been a real problem for the numbers and even though the same store sales were excellent, the money it makes from supplying the 11,000 plus franchises brings us to the big question -- did they hit a speed bump giving you a terrific opportunity to buy the stock, especially when there might be some new found flexibility for a special payout because of some bond action or do we need to get more cautious? let's chec

were more on all of this, market reaction, ashley webster joins from us the floor of the nyse where investorsnd traders are trying to die guess news from the fed and news out of washington. ashley? >> absolutely, right, trish. what is interesting right at 2:00 when the fed released those minutes and people wanted to get in there and see what was thinking behind the no rate hike in september, the market jumped up 74 point. since then it kind of filtered back down. we're on upside. flat day as markets taking their breath. as you read what the fed said, you're absolutely right. they felt risks to the downside increased. that is basically why they did not want to raise rates at this time. they said it would be prudent to wait. they felt the problems in china, while very real, would only have a small impact on the u.s. economy, but they were split saying that if they felt that if they raised rates too quickly, that could push inflation lower. but others say, wait a minute, if you wait too long, that could create buildup of inflation. what did they do? they did absolutely nothing. they say it could

here's some of the stars of "days of our lives" opening the nyse. the fed says it's not going to raise interest rates. we entirely expected that. the senate has passed a controversial anti-hacking law. the cyber security information sharing act. despite some pushback from silicon valley, it passed the senate easily. it's already been through the house. while bay area companies didn't like it saying it doesn't do enough to protect users privacy, it had powerful allies. in fact, it was co-sponsored by dianne feinstein, and the president says he will sign it. the cisa allows company to share information about hacking with each other. so target can get hacked but shared the information with walmart to warn them. normally companies aren't allowed to conspire, and i mean that in the most innocent way, about anything. in this case they can when they're trying to fight off hackers. where people got concerned is that information also gets shared with the government and the government's privacy track record in silicon valley is not great. >>> you'll soon be a

that was on the nyse. obviously they expected to sell it for more money. and that didn't happen. you're thinking to yourself, well, those poor millionaires didn't make more millions. well, it's bigger than that. it means the broader market is seeing something that wall street fat cats aren't. the people who you think knew the most bought the stock at $17 and then when they tried to sell it to you and me, the thousand nairs, nobody bought it at that price. so there is something, kris, going on here. remember sun run, the solar company? same problem. so there's something in this ipo that we're seeing that maybe the fat cats aren't. >> maybe you don't have to be rich to be smart. all i'm saying. >>> the skies over the bay area will be roaring in just a few hours. blue angels set to take off for practice run before this weekend's big show. nbc bay area's bob redell live to give a closer look and hopefully we'll be able to hear you through your whole report, bob. >> reporter: yeah, you do have some noise behind us. it's actually a helicopter here at oakland international. but i think

that's the nyse. they expect to sell for more, obviously, that didn't happen. now, you're thinking those poor millionaires they didn't make more millions. it's bigger than that. it means the broader market is seeing something the wall street fat cats aren't. you think that people who know the most, who bought the stock at 17 would know what the price should be when they try to sell it to you and me. bought it at 17. there's something going on here and not the first time we've seen it. the solar company, same problem. so for some reason, insiders will high and you and i won't and we don't know exactly why. >> because we're savvier. >> perhaps. >> hey, look at that, scott. talk to us about that. that's delta 5 rocket. >> live picture as we see a successful launch so far. this is for the national reconnaissance office. it's a spy satellite. we don't know much about it with cool onboard video. this will actually turn to the south. don't run outside and try to see this. they'll shoot for the equator they can make orbit, but still kind of fun to see a rocket launch a

it will trade on the nyse under ticker symbol sq. melissa.sa: vice president joe biden responding to the democratic presidential debate last night. >> i was proud of them. i thought they all did well and, you know, part of what happened to them -- [inaudible]. we have to -- [inaudible]. i thought everyone of those folks last night, thought they all did well. melissa: doesn't sound he is over a possible 2016 run. former chief presidential strategist for hillary clinton's campaign says, that he thinks it's a little too late. >> if joe biden was going to get into the race last week was his chance and he decided to give hillary clinton a free debate? i think it is a lot tougher for him to get in today. i say two to one he does not get in. melissa: joining me now, rich fowler, democratic strategist and radio show host katie pavlich and chris kofinis are back with us as well. chris, let me start with you, i looked at the stage, what this group needs is another old white man. where is joe biden? is that what you were thinking? >> i wasn't necessaril

farrarly parked on wall street in front of the nyse.ny executives are inside, rang the opening bell a short time ago. as you mentioned, ferrari comes into a rough ipo, many tech companies deciding to hold off. ferrari is spinning out of chrysler to become its own company again. if you invest, remember, ferrari will never be a big car company. it cannot be. it makes so few cars, it doesn't have to add hear to u.s. laws on gas mileage. if it sells too many cars, it won't be allowed to sell any cars here at all. >>> if you're in the market for an expensive car with problems, consumer reports says tesla, the magazine changing its mind about the car which it called nearly perfect last time. consumer reports saying it can't recommend the car due to problems including door handles that don't work properly and concerns the electric motor may need replaces. >>> more than 3,000 engineers in the south bay will be working for a new company, western digital is buying sandisk for $19 billion. both companies deal with computer memory and storage. the

what the nyse's doing turns out to be a benefit to the nasdaq. >>> the force awakens officially tonighthat "star wars" fans get at halftime of tonight's monday night football matchup even if you're not a football fan. >>> and another deadly attack in israel leaves experts wondering if the recent violence could cascade out of control. former army vice chief of staff, general jack keane, calls it right here next on "countdown." ♪ ♪ ...as a combination of see products.. and customers. every on-time arrival is backed by thousands of od employees, ...who make sure the millions of products we ship arrive without damages. because od employees treat customer service... ...like our most important delivery. od. helping the world keep promises. liz: we need to show you this, breaking news. southern israel, video of people running for cover yesterday after a gunman opened fire at a bus station. the gunman turns out to be an arab, not a palestinian, killed a 19-year-old israeli soldier, wounded ten ore others. an err tree january migrant also was killed. officials say the motivation is not clear abo

. >> big rivalry, nyse, nasdaq, you switched why, did you switch? >> a couple of reasons., it's more consistent with the disruptor and the innovator that we are. we're going to get a piece of the nasdaq out of this with t-mobile, and third i would be shocked in december when they pick the nasdaq 100 that you don't see t-mobile sitting in it. other than that, it's closer to my apartment. liz: speaking of switching, you got 2.3 million subscribers to switch. you missed on top and bottom line. which part are we supposed to focus on as shareholders. >> we didn't miss on our top and bottom line. there are some expectations that are sorted out, that compares were hard to understand. 42% adjusted ebidta to 1.9 billion and raised guidance for the rest of the year and kept profitability the same. color us really happy and in line with what we thought we should do this quarter. liz: why do you have to needle your competitor? wait, you painted a plane magenta, sent it up over verizon's wireless business in new jersey of all places and sky write over it end overages now. >> overages a

i'm joined by art hogan and our very own ashley we can sister down at nyse. nice rally.e haven't had one of these in a while up 220. it was better a moment ago, up 300, ashley. >> not bad at all, trish. we have three reasons. strong economic data especially in the housing market. we have strong earnings reports as you pointed out, face it how high is the bar on earnings reports? that's another issue. we heard from the ecb today. president mario draghi hinting oh, yeah, maybe we will print more money to offset the slowing euro economy and combat a slowing global economy. here is the result as you can see, people loving it and jumping into the market. trish: art, to your credit you've been bullish all along. i don't know how long this will hold but you're a little more on tis tick with me, let me hear the best-case scenario for the market. >> trish, last time we talked i said two headwinds this market faced, uncertainty over the fed. we talked about that quite a bit. and china story, at best is stablizing. that may be good enough. stablization and economic data out of chin

students toured the trading floor and learn how nyse interacts with publicly traded company and how stock market influences the the >>> crazy weather today moving through the area. >> very quickly. remains to be said how fast the storms are moving through our area. >> that is what you have to worry about, when you have a line of storms moving 45 miles an hour imagine wind embedded within that storm. very dangerous. good news is wind and storms are weakening at the moment as they move into less, lower instability over portions of new jersey, and things are weakening. still dangerous storms but no warnings, no severe thunderstorms at the moment so things are improving. we have great fall weather on the way this weekend. lets look at video from perkiomen township and take a look at montgomery county. look at flooding, ponding in their yard there. notice trees just blowing in the breeze. very heavy rain. very strong wind as it moved through. it hit and was out quickly. when we are dealing with the burst of wind lake this we have threat for down tree branches and down power lines. i'll be hone

the company expects to price between 23 and 26 a share, and it expects to list here on the nyse, guyswe have more than a dozen ipo's in the pipeline in just the next 30 days. the debt isn't getting any less expensive. >> good enough. thanks. >> as rumors continue to swirl about twitter's search for a permanent ceo, all signs point to co-founder and interim ceo jack dorsey as the choice. yesterday creek sacca of lower case capital joined squawk alley, a vocal supporter of founding leadership. here's what he had to say. >> this board has been a disaster from the beginning. if you look at the history of the company going all the way back, it's the outside board members who fired both of the founders from this company. those are the founders who took this from zero users to 200 million users in just a few years. since then we've seen professional managers get sideways with this. yet again, i'm not shocked. i'm as upset as i have ever been, but i'm not shocked by this board continuing to screw it up. >> all right. well, joining us now is analyst for stern agcrt. arman, thanks for joining u

we're all at the nyse today. >> how lucky is this?'ve ever stood this close together ever. >> it's been a huge week for equities, the dow on pace for its best weekly gain since february. the s&p on track for its biggest gain of 2015, so will the rally keep on trucking? >> and we've got a great mystery chart for you. check this one out. it's a sector, and it's up more than 7% this year despite the recent

what are people talking about on the floor of the nyse, ashley, as they contemplate just exactly howearnings season could be? >> reporter: it's interesting, because you referenced an article in the "wall street journal" and a couple of traders said, yeah, we read that too, interesting. but the industrials, the manufacturers, the energy producers, the railroads say they're all pulling back. we are seeing a little uptick in technology and aerospace, but generally there's a bit of a malaise going on out there. we've got like a third of the s&p 500 companies have reported so far, and as the general points out, for the first time in six years, profits and revenues have fallen in tandem. when we look at the global economy, we've got the e.u. hinting at printing money, china already is, japan may do, and what is our fed going to do, you know? by all accounts it could be next march now, if at all, before they think about raising rates again for the first time in nine years. trish: oh, i know, my gosh. janet yellen has promised she's really seriously looking at this, she indicates she'd like

and that's your cbs moneywatch report for more follow me on twitter at jill wagner cbs at the nyse i'm jill wagner. . jake>> hunting permits... like the $55,000 one a minnesota dentist bought to eventually kill (seh - sil) cecil the lion... are supposed to give money to communities in zimbabwe. but as c - b - s news correspondent debora patta shows us... hungry waiting for the cash. fundira told us it rarely does, blaming corrupt government officials. (e -) it is a problem, it is a real menace. // people are in dire straights and people will almost do anything in terms of selling their souls for a bit of silver one district council we visited received $158,000 in hunting fees this year -- about 60 times the average salary in zimbabwe. but villagers like edward ngwenya said they hadn't seen any of it. upsot: what do you live on how many dollars? nothing he's said he'll sell his goats for food. for now he lives off the meagre crops he grows. unlike the villagers, the council's head phindile ncube, has running water, and he showed us his thriving sunflowers. dp we were at hwange today and

third quarter ipos, there is one company making a splash, your storage makes the public debut on the nysehe make all flash storage, a technology that holds digital information that becomes vital when customers is the cloud. alex is at the new york stock exchange with the ceo of pierce storage. alex? alex: i am on the new york stock exchange and there is a lot of orange because we are watching the ipo and i'm here with got the thing, the ceo. about $16.85, under the $17 ipo price, how do you feel? aott: we knew this was marathon and not a sprint. i strongly encouraged our employees not to watch the stock on a daily basis. we need to think in terms of quarters and years and our job is to grow the business and we let investors value it. alex: pure has been in the unicorn club that we have watched with startups and you are opening up to investors who can be more fickle than some of the folks in your private rounds . what are you doing to mitigate some of the pressures come with this quarterly reporting process as you are not in the public market? to build never set out a mythical beast, we wa

it was interesting to see the nyse carry out the ipo so smoothly and quickly.ithin 15 minutes they had the stock opened and within five they had traded 10 million shares. a really interesting story. the history of for robbery -- the history of ferrari. i talked to john elkann who of the voting9% rights. i asked him what he is planning on doing with the stake. >> it is a great day. we look forward to remaining the largest shareholder of for larry and enjoying -- shareholder of ferrari and enjoying the ride ahead. matt: 34% of the voting rights. what is most important to you with this brand going forward? i know you have said you will make a few more cars up to 9000 year. john: the import is to keep it as it has been. there is no doubt that what ferrari means. we have seen this today with the interest from everyone and also the general excitement about it. is yet chrysler somehow becoming weaker -- is fiat chrysler somehow becoming weaker? >> this enables ferrari to have a life of its own. it allows the shareholder to have a lot of clarity between these businesse

group forming there because shares of the intercontinental exchange, i.c.e., parent company of the nyse halted for news pending. we'll tell you details as they become available to us. back over to you. >> thank you for that. >>> let's get over to the bond pits, rick santelli at the cme in chicago. good morning. >> good morning, carl. if you look at the short end, virtually unchanged. long ends down several basis points. we have a curve flattening day. let's look at the two day of tens. if you look at the two-day, we have come down from some slight elevation in yields on friday, three basis points. here's what's fascinating. contrast that with what's going on in the european curve or the german curve with regard to the bunds. bunds are giving it up in a more aggressive fashion. if we continue to monitor bunds, another area that we should go to is the difference between fives and 30s. we're seeing a flattening after a major steepening. fives to 30s was not that long ago, two weeks ago the steepest it had been in a year. now it's giving away. why is this important? because many of you trad

to dagen, connell, charles, nicole at the nyse. nicole to you first. traders at first pounced on, this sold off aggressively on this. dialing back a little, how are they reacting? >> no way, no rate hike this year, they're not going to buy anything today and be long for the weekend. too many geopolitical issues. watching the 10-year bond, 1.9%, lowest since april. and the bond traders have been telling you no rate hike. and the big picture after the jobs report tells the traders we are in a very economically sensitive environment and based on the global environment. a lot of them are saying trending lower in the fourth quarter and don't see the rate hike until the second quarter of next year at this point. neil: i don't know, dagen, if it's as weak as it suggests, they might put it off significantly. >> go into the treasury at 1.9%, it was down to 1.65 in early february. so we have seen this picture show twice before, this year alone. neil: two weeks ago it was at 2.20. >> there's a flight to safety, absolutely. weakness that maybe the stock market isn

more "squawk on the street" from the nyse, straight ahead. >>> just about seven minutes until the bellto art cashin, director of floor options. i want to explain what's behind two things, the ten-year yield and oil today. >> oil is the really pleasant surprise. that's putting a bit under equities. oil looked like it might be getting ready to break down yesterday. it held nicely above $45. i think when it did that in the face of the big inventory number, it impressed a lot of people. so i can't be sure but it looks a little bit like this is short covering in oil here. >> also, russia, air strikes are on the cover of every major paper. the white house said, we don't support lifting the ban on exports. those are probably bullish as well. >> yes, they certainly put the underbid in. as i said, the severity of it, the sharpness of it makes it look like it might be a short covering. >> paul mentioned where we were with the ten-year. what are your thoughts on that central question of what the fed is doing or where markets might react? >> depending on what the number is. i am still in the camp

let's go back to you guys at the nyse. >> a two-seater to boot. >>> a recent financial turmoil has mades country more negative in their outlook to the stock market. steve liesman is back at hq with the exclusive results from the cnbc all america survey. good morning. >> we've been talking about this decline in optimism in the united states when it comes to the overall economy. one clear reason for it from our survey is the decline in attitudes towards the stock market, the recent volatility, the resent plunge in stocks taking a toll on america's views on the economy and also on wall street. look here at what's happened. we separate this into two groups. one is all adults. you can see they're down near some of the lowest levels, about whether or not this is a good time to invest in stocks. just 33%. a pretty good plunge from the june survey. we also have the financial elite, those with incomes up over 100,000 and more than 50,000 in the stock market. they came down as well. 56%. a couple things on this graph is interesting. if you take a wider view, you see the all adults are not effecte

the bottom of the list, that's not good news, especially for a man down at the nyse tomorrow, you're looking at the fiat chrysler brands. worst is fiat, jeep, ram and cadillac actually fell the most within this year's survey. one story line that's going to get a lot of attention is what consumer reports has to say about the tesla model s. because there's only one model they don't rate the tesla brand. but with regard to the model s this is the third year they had a commentary on it. for the first time, they're rating the reliability based on 1400 survey results as worse than average. what are the problems? here's jake fisher with consumer reports running them down. >> we're seeing all different types of issues. some of them are annoying issues. squeaks in the hatch or squeaks and rattles in the sun roof. we're seeing major issues in terms of the charging systems. the onboard charging stipulate. we're even seeing people who had to have the entire electric motor replaced. >> just a few of the problems that consumer reports heard about from tesla model s owners. we should point out if y