sisco we tend to respond to change and excel at it. if you're an i.t. company, you transform their business and pull away from competitors. that's what we have done. we continuously reinvent cisco where appropriate and stay the court where appropriate. i think we are doing very well against our peers. >> when it comes to mood and confidence, are american companies in a spending move when it comes to the stuff you're sell? >> when it comes to the areas we're selling, yes. when you see our data center and cloud grow 77% we are outperforming the market. the global marketplace that were pretty tough we grew 27%. video, 30%. our role with them is changing. we had two board of directors on monday and tuesday. one global financial institution, one global major service provider. they were talking about us moving from a component supplier to number one i.p. player. we have a good shop becoming the number one i.p. in the world. >> can you give us a read for the outlook of the u.s. economy. >> well, joe, i think you hit the area that is right. ta

while sisco is up. taking a live look at the big board. the dow up 9. the nasdaq up 11 .r the electric carmaker says they will raise capital. already promised to buy $100 million worth of the new stock. the company plans to use the money for early repayment of $465 million loan from the department of energy. >> time is 8:45. bring you up to date on the other top stories we're following. the search for clues goes on in south san jose after a homicide victim was found at a shopping center on blossom hill road. the victim was attacked with a machete. that weapon has been recovered. this is san jose's 16th homicide of the year. >>> in 15 minutes from right now a news conference with president obama and the turkish prime minister is due to begin. pretty tough questions about the libya attacks and the allegations internal revenue service targeted the tea party. ktvu will be carrying it live on ktvu.com and mobile app. >>> police in the east bay have detained a man blamed for an incident over there that led to major delays on bart. the the macarthur bart station about 5:30 this