one that we highlight is susquehanna, the market firm. they are active on exchanges in the u.k.rated by matchbook. joe: in addition to sort of the obvious inclination of people who like to trade, to gamble, there's a lot of technology that is fairly similar in terms of providing the platform to execute a derivative trade. >> another way that wall street firms are getting involved in sports betting is through the technology. nasdaq sells its technology to other exchanges. that has extended into sports betting. racecluded horse betting exchanges and a u.k. based platform that does betting based on soccer players. is, what the thing they are not doing is research it isalysis as to whether going to be -- romaine: they will never win. caroline: but where are they actually making the money? >> one thing to keep in mind, it is not a highly liquid market. estimates how they could grow in the u.s. are all over the place. but around $17 billion is what we see. upll, it is a place to pick a bit of extra money on the side. romaine: with the example of susquehanna, if they are not betting on

you mentioned susquehanna. who else might get involved?: it seems like a niche opportunity for expert market makers where you can leverage some of your technology in these kinds of places. this: when you think about more broadly, this is what you look after every day. your primary burden is looking after blackrock and money managers. folks are looking for different ways to make money right now. we had a conversation on our radio show with a long time wall street guy, former broker, who was saying, these guys are going to make money somewhere, especially in the age of zero fees. annie: i think that is why you are seeing different firms looking for ways in. while i could not see blackrock getting into sports betting, on the brokerage side, there are interesting opportunities. both td american trade and interactive brokers have projects in the works. isol: business ceo al kelly weighing in on why the u.s. is lagging on tap to pay as a threat to the industry. lagging because you have to go back about six or seven years where the u.s. was much

working together to achieve positive outcomes for the people of the greater susquehanna valley. again, congratulations and president and c.e.o. on receiving the chamber of the year award. i yield back. the speaker pro tempore: for what purpose does the gentlewoman from texas seek recognition? >> ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection. the gentlewoman is recognized. ms. jackson lee: let me speak to a young man in my office who is studying at st. edwards college in austin, texas. he is a person who is able to fulfill his dreams because of daca. yesterday, the supreme court heard the case about all of these young people, 800,000 who are working as paramedics, in law schools, going zpwoo rural communities and being servants of the people. this is a program working well and this administration daca because of wrong-headed decisions about immigrants. this is a nation of laws and immigrants. we want to comply with the law. that's what daca was allowing these young people to do. we need to

as an adult, he moved into pennsylvania, he came down the susquehanna valley and became a fur trader. because of his language skills, he became an interpreter for the colony of pennsylvania, also served as an interpreter for the ec -- the colony of virginia, had a pretty good reputation. americans liked him, they spoke of him of having -- as having two sides. they considered him to be fairly unlike a lot of interpreters they did not trust because they made have an of a different -- might have been of a different ethnicity. weiser had a good reputation not only for his ability to understand native linkages, but interpret and teach the protocol of diplomatic exchange. york scottish official who migrated to new york at about the same time as conrad weiser, in the 1720's, wrote a history of the iroquois. he was very much interested in the iroquois league. the book is still read today because it is probably the first history of the iroquois written in the english language. this is what he had to say about native americans. like many of his peers, he was fascinated by native american speech

for more let's bring in the senior research analyst for susquehanna analyst group and our retail reporter lauren thomas sam, i'll kick it off with you does this -- you've already been at a sell rating i gather this doesn't materially chang your outlook for the company. >> no, it doesn't. sort of a little bit a surprising new information, but nothing fundamentally has changed either despite the fact that they beat their numbers by a little bit they lowered the fourth quarter and we just don't see any room, anyway they can drive the upside growth built into their, the top line growth built into their five year plan >> lauren when i read the news, i like many other people who read the news thought is this why kevin plank stepped down should we make a connection. >> totally today listening to their conference call post earnings, kevin plank came out and said, reiterating what he said when they announced the transition or the ceo transition that, you know, this was my decision this has been in the works for quite some time. but i think you're totally accurate to kind of wonder if there is this

susquehanna raises it to 150, and rbc raises it to one 60. >> the setup is the same with adobe. had a very highly-valued stock that was the darling of the market that get the negative commentary and that created the opportunity. i don't think this will be much different, except i have so much beta i don't have a place for it. >> i wonder if it relates in any way to the conversation that we've been having about growth at any price. this is a company that, yes, it posted a smaller than expected loss, but the operative word say loss. >> right. >> and it was a triple year-over-year. how do we deal with a stock like this >> what i thought was really interesting was that we saw the stock trade down through 114 in the premarket. maybe even lower than that. during the regular session it was down in the 116s. it popped $9 off of that. so whether you want to view that as somebody defending it or whether you want to view that as people that had not participated on this run saying, i'm going to pull the trigger and get into this thing no matter what the commentary is here because they're bu

. >> how would you -- >> specialty >> this one i get wrong as well, susquehanna upgrading footlocker to buy saying that its special sales and allocations of jordan retroa retros and geyeezies -- >> i like the way you say it no murrah initiating coverage of offprice retailers citing autozone, lowe's, and walmart and initiating ulta had a sell due to slow industry-wide growth in the near-term mark, when you look across the retail landscape right now, what do you like, especially as we go into the holiday season here >> yeah. if we go back to morgan stanley's comments about this possibly being a rough christmas season, i can go back maybe three, four weeks ago and walmart, one of the companies that's actually selling the christmas gifts, right, ceo was on cnbc and what he mentioned is that the two biggest predictors of the holiday shopping season are going to be unemployment, which is low, it's 3.6%, right we're at full employment and the second thing is gasoline prices and gasoline prices are at the same level today as they were a year ago on top of that, you throw in the wealth effect