zynga shares have been on a tear, up 45% since the beginning of the year. let's take a look at tonight's "market focus." it was a day without clear direction for broad stocks, with the dow and the s&p 500 ending slightly lower for the second session in a row. the s&p continues marking time just below that post-recession high hit earlier this week. the index bounced around but in a very narrow range, ending with a small loss. the energy sector led the losers, falling 1%. financial stocks and utilities saw mild selling, illustrating the muted tone today. energy stocks were hurt by oil driller baker hughes warning its profit margin will fall as north american customers stop drilling for natural gas. shares got drilled, falling almost 6% on heavy volume. shares have been trending lower for at least a year as the drilling rig industry has been shifting away from natural gas due to historically low prices and looking for oil instead. that shift can raise costs, hurting profit margins. other large oil service stocks saw less selling. nabors fell 3%, schlumberger w

zynga's new platform and twitter's revenue also on the radar screen today. can these three techs backup all the buzz with some real bucks, brian? >> it's all about the benjamin. talking dividend darlings. if you're looking for income, i'll show you the five companies with the biggest dividend growth over the last 12 months. >> i'm tyler mathisen with sue herera and brian shactman. the friday edition of "power lunch" begins right now. >>> i always forget it's friday and tyler so lovingly reminds me. it's friday. we heard from bernanke and buffett this week. a slew of economic data. but the big one, jobs, actually coming next friday. markets looking for some direction although we are on the downside. the dow down 30 points. we were positive for a while as was the s&p early on. down .3%. tech the laggard after leadership down .4% and below 3,000 on the nasdaq. pulse of the market, oil giving up some gains. oil now under $107. gold up more than 3% for the we're. and the euro a big story now getting closer to 132 down the same for the week. midday movers, there i

will zynga do to game stop what netflix did to block buster? sounds like an s.a.t. question. that's herb's view and he's coming up on "street signs." [ baby crying ] ♪ what started as a whisper ♪ every day, millions of people choose to do the right thing. ♪ slowly turned to a scream ♪ there's an insurance company that does that, too. liberty mutual insurance. responsibility. what's your policy? ♪ amen, omen how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. laces? really? slip-on's the way to go. more people do that, security would be like -- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer ] get th

and zynga's introduction to online gambling will take some time. don't think i've heard anybody on the desk say anything positive about zynga. >> i think what's positive about ziynga is they're doing the smat thing long-term strategically. they want to build their own platform and not being 100% reliant on facebook. for near-term investing, that's kind of an unpalatable things. that's the case for staying neutral and kind of avoiding the stock right here. >> i agree with josh. that i think that is the case, josh, because they have to prove that they can build that platform rather than just having that parasitic relationship with facebook. and when facebook comes out and is trading, which is not going to be this week, but when it does come out, then i think many of the social media plays that ran up, whether it's pandora, yelp or zynga, are going to get hit as people bail out of that and take what they really want. >> shaking your head. >> i think all of these social media plays, except for facebook. they're all guilty until proven innocent. >> next

another major investor on the board at zynga too sold some of his shares.ow hoffman and pinkus go way back. before zing apinkus ran a social network called prize and hoffman worked across the hall creating linkedin. at the time the two bought a patent that subscribed the acceptance of friends on the social network. and when you think about it, that's one of the most powerful patents in silicon valley history. >> we bought it in 2003. praerl because we were coming up on aukction and were worried th industry might get shut down if they wanted dominant space that way, was going to take it over. it was a lot of money so mark and i said, why don't we split it and buy together -- >> buying the patent for -- >> he will be my guest this sunday morning. he wants you to help him spend a million dollars. we'll talk about that sunday morning at 9:00 right after "meet the press." >> glad the weekend's here. let's check the forecast. jeff? >> i wanted to enjoy today because i knew tomorrow wasn't going to be the kind of day -- >> you have been listening, yes. that storm

zynga has been on a great run since going public in december.n we expect the same from facebook when it makes its big debut this spring? michael pacter is managing director of equity research at webb bush securities, good morning to you, michael. >> good morning, simon. thanks for having me. >> have you been swept up in this ipo fever? >> yes, i think that the hype is actually pretty real. i think people are really interested in the power of social media. they're seeing that there's just a lot of value to be unlocked with you know, business models like yelp. facebook a much more robust business model. a lot more users and they monetize them. people interested in facebook right now, we're doing lot of business in the private shares group. >> on the subject of yelp. should they be interested in a billion and a half in market capitalization? does that represent value for a company that doesn't actually make any profits? >> yeah. it's 20 times revenues. so that's making a really bold bet that they're going to grow revenue really fast. and they're go

if you want to be on the platform, you will have to work on how to play with zynga.oke down and we liked it before it went public. this is a fascinating ipo. the upside here and the potential over the course of the next 12 months is that we are still at a small company given the size of the opportunity. game play is something that is spreading globally. the countries and the players in 175 countries are starting to build a platform into it to make it bigger financial opportunities. it's not just them and we value this on their games. what's interesting today and where it gets interesting in terms of valuation over 12 to 18 months, they will start profiting on other people's games. that affects nobody from an analyst buyer. it's brand-new today. that's a place where we learn more about how the economics work and how many to tar 'tis pate. >> bottom loin in terms of the impact on facebook, is it positive or negative? >> i'm sure you will see a lot of the popular press try to focus on this as zynga trying to hurt or distance itself from facebook because they are overrel

. >> popular game maker zynga is adding another game to the library. first, tension mounting over at yahoo. >> this is one of the biggest investors launching an assault on yahoo's board. hedge fund manager dan loeb filed another scathing letter slamming management, also urging shareholders to vote himself and three others to the board, including jeff skpuker. he says yahoo is keeping secrets but not releasing certain details and there is is zynga paying $200 million for the maker of draw something. since the store launch on february 1, draw something has been down loaded, get this, 34 million times, even ousting the words with friends. zynga is stepping up after paying $147 million for 22 companies in 2010 and 2011. and is trying to gain reliance on facebook. shares rose two and a half percent on the news. and there is stocked had little change. and bloomberg silicon valley index down about half a percent. and microsoft says it can outsell apple in china, saying it's phone operating system will surpass apple in popularity. the company is counting on pa

zynga also fell, down about 2.5% as more shares will be sold. this stock came out at $10 per share and is about $13 tonight. another mobile gaming company, glu mobile was on the receiving end of a strong analyst endorsement. investment firm needham called the stock a strong buy and investors were buying sending shares up more than 21% on a surge of volume. the analyst points to games for smartphones as fueling glu's growth. no doubt the job market is slowing improving according to the official government statistics. online job service monster worldwide may be selling itself into that environment. shares jumped almost % on strong volume after the c.e.o. said the firm is open to the idea of selling all or part of itself. on march 1, the firm said it was considering strategic alternatives, which is usually wall-street speak for "it's for sale." shares were below seven at the end of february. they are over $10 tonight. last night's after hour's movers were among those holding back today's gains. semiconductor maker micron was the most active on the

they are buys it, i do like zynga., it has a solid bits model that can can build out in an accretive way. >> thank you, it's nice to have a good face with us as well. >> thank you. >>> in the private market valuation dipped below 100 billion. >> it will be hard to follow, too. this one, as much as people want to sell them when they see these outside pops to the outside, as jim cramer said, you just won't get it on the short side and effectively stay shorted. >> it is a successful ipo. >> very much so. >> no doubt about that. >> it's a successful ipo if you've got the allotment. if you're buying it today, the jury is still out. most retail investors, they're not buying it until today. >>> apple stock keeps going up. could the price of one of the its most popular products go down? stay tuned. all in one account. it's powerful, easy to use technology for trading stocks, options, and futures. optionsxpress, the broker smart traders deserve. open an account today at optionsxpress.com. forty years ago, he wasn't looking for

. >> if you're an app creator today with a social gaming company like zynga, or electronic arts, does the ipad, the new ipad get you excited about what you'll be able to offer? does this spur more business, more app creation? >> yeah, i think it does for really a pretty broad cross-section. even in traditional film content, i think netflix actually benefits from this, because the new ipad is going to look much more like a high-def tv. that will help them retain customers. when you talk about video games, generally speaking, a zynga game, farmville, cityville, they could go a lot richer in terms of what they could offer. certainly at some point that would mean a higher price and better experience for them. just basically anybody who owns content is going to benefit from this. >> billy, companies like ea and activisi activision, does the faster speed now create a new opportunity for new games? >> it absolutely does. it also raises the opportunity for mobile type games, which tend to be sold at 99 cents or for free on the apple iphone. but on the tablet, they command a much higher price.

words with friends, buying some zynga. doubling down that zynga is buying omg pop because they love playing. people getting in some cores. paying $5 and change for a triple cappuccino? got to buy starbucks. and of course the ultimate retail stock, apple. how many people thanked me getting them in that stock at the am store this weekend? six, seven? that's how this one reported. not from hedge funds or mutual funds, but because people like the products. go on line at jim cramer. at one time they wanted to know some obscure penny stock. now it's all about hey, okay to buy? okay to keep the linesgate through the weekend to see how well "the hunger games" does? how about i love monster, but am i too late? now all that said, how about some rules. if you're buying a stock because you love the product, which is acceptable, you are going to make some money, you're going to lose some money, because you're not really investing. if you buy a stock after doing the homework, in other words, you saw a product, liked the product, checked

zynga shares down by about 3.7%.an. >> well, if you're wondering just how hot facebook pre-ipo shares are, check this out. a california guy wants to trade his $29 million home for a piece of facebook just to get in on the action. jane wells in los angeles with the wild story. that can only occur in california, jane. you know that. >> of course it could because we're brilliant out here. or crazy. ken and linda promise this is not a gimmick to get publicity though they don't mind the publicity. they really want to swap the house they bought in 1997 for $3.7 for pre-ipo facebook shares. 10,000 square feet over 11 acres dotted with thomas kinkaid originals. how did they get this idea? >> the idea really came from seeing another home not too far from here up in los altos sold for a hefty sum and turned out it was somebody an investor in facebook. and that brought the idea to mind that maybe there's an opportunity for someone who's a founder or a venture capitalist that has some pre-ipo shares if they would be willing to t

and the other big news story we're following for you today is zynga.hree months after going public bloomberg learned zynga is planning another stock offering and with a chance for the social gaming company to sell shares now, investors themselves will take their turn. and there is no new stock involved. this is when people can sell before the six-month lock up period. the company trying to avoid the fate of linkedn which saw it's stocks dropped in november. and now, the stock did fall nearly 5% today on the news but recovered by close. and also apple got third today. the ftc wants to know how google became the preferred search engine on the mobile devices. it's the latest twist in the ftc's year-long investigation into whether google has been abusing dominance. sources say ftc has subpoenaed a number of documents but the thing they're interested is in checking out agreement that google made with the preferred search engine on the mobile devices. google's rivals like microsoft have been complaining that the agreement is anticompetitive. and meantime, is

meantime zynga adds more games buying omg pop. it makes the game draw something which has been downloadeded 35 million times since being launched two months ago. zi joining us to talk more about m&a is vp at intra links. matt, let's talk about it as an indicator for the economy. what does it tell us about the markets? >> as you know, intra links sees thousands of deals out there in the market where people look on leverage our technology to execute due diligence and m&a transactions. and those deals are on our system typically three to six months before they're announced or closed out there in the market, so it gives us a nice early view in to what is going on. and in our most recent deal flow indicator report, we showed a 1.5% sequential increase from the previous quarter in deal activity across the globe and that's on on that of 20% year over year growth. so it's really a sorry of two markets. early 2011, we saw a lot of deal activity and we've seen a leveling off period which i think will continue. >> so what's driving the m&a s

zynga games account for 12% of facebook's revenue. >>> brace yourself kristen.everly hills bakery that helped inspire the cupcake craze has figured out a way to serve the after dinner crowd. sprinkles bakery rolling out first high-tech 24 hour vending machine tonight looks like an atm in pink. founder candice nelson says customers pay $4 and use a touch screen to order a robotic arm delivers a frosted treat in its own box through the wall of her store. workers will restock the machine throughout each business day to keep things fresh. >> second location for that machine should be the one at stanford in palo alto. >> how about your driveway, wouldn't that be better? >> yeah! >> i'll send them an e-mail recommending that. >> it is not like having white castle after a long evening. >> oh man, don't go there. >> that would be beer, wine, cupcake. we'll look at some of what is happening the camera bouncing now on vollmer peak looking -- emeryville along the bay shore there. it is bouncing a little bit you can see clouds starting to break up. doppler showing the best

reports suggesting that zynga may report an acquisition of 4.5%. switching over to pharma, two big movers. moving higher it's said to be buying swiss based actavis. it brought in $1.2 billion in sales last year. big news there. on the flipside, we have shares dripping after the supreme court throughout two of the competitors' testing medical pens. the fear is that the patent could be thrown out as well. ruby tuesday getting a boost after raymond james upgraded the stock to outperform. that stock up better than 11%. maria? >> seema, thanks so much. we're gaining ground today after the disappointing data on existing home sales and the fed's purchase of $4 billion in u.s. debt. rick, we were all waiting, all this housing data this week hasn't been very impressive. >> no. and you know we expect that we're going to be bumping along in what at least looks like a temporary or long-term bottom. with all of the good weather, it's hard to discern what may lie ahead because we might have pulled it forward. even though existing home sales might have disappoint

zynga games account for 12% of facebook's revenue. >>> ipad anticipation building.rumors what apple will unveil tomorrow in san francisco won'ting called the ipad 3 instead. -- won't be called the ipad 3, instead ipad hd. rumors come one day after a chinese blogger released a video that appears to show the next ipad with a thicker frame but more curved edges than the current model. >>> the 49ers score -- [ unintelligible ] >>> plus, the police failure that could have 1,000 dui convictions overturned in san francisco. >>> overnight chase that ended with five cars damaged and a robbery suspect on the run. >> reporter: a judge has decided that sheriff ross mirkarimi's ex-girlfriend can testify in his trial. she has a lot to say. i'm amy hollyfield, next you will hear of her testimony. >>> all major airport in the lower 48 on time. we are having gusts 35 to 45 miles per hour in the bay area some delays may develop. ♪ let me get that door for you... [ man ] i loved my first car... sometimes the door gets stuck... oh sure. ooh! [ man ] ...and then, i didn't. um... [ sighs

your take on the ipo and tell me what you think about zynga. >> you know, i think zynga is like the last couple of groups. i'm not a big fan a. i don't know that it has a big potential here. it's probably more of a nondescript stock. i'm not impressed and i wouldn't be involved in it. >> okay. and yelp, talking about a $900 million company that doesn't generate profit. how could we substantiate that price? >> this has a little bit of sentiments of the 1990s. i have no idea. i don't know how they could possibly price it there. they've already said it could never make money. how is it going to pay it back. it's another one that, those are things to me that just -- they make you kind of go, hmm. what's going on here? so i don't really understand how they even came up with a number up there. they're never going to make money in my opinion. >> okay. fair enough. thank you so much to todd horowicz and, of course, our guest host zane brown, who is going to stay with us. they're both going to stay with us as well. and still to come on the show russian president putin tells reporters he is happy

we'll take a look at which mobile application companies like zynga could be the big winners from the apple new device. as we take a break, take a look at how the s&p 500 heat map is looking right now. there's a lot of green on that screen. you're watching the "closing bell" on cnbc, on a wednesday, first in business worldwide. >>> welcome back. just about 45 minutes to go in today's trading session. let's get a quick market "state check" on the industrials. stabilizing around the highs of the afternoon. major averages reclaiming some of that lost ground yesterday. today on renewed optimism that the debt restructuring in greece will go through. the dow industrials right now at session highs, with a gain of about 82 points. the high was actually 93 points, just shy of it. the big winners, what's moving this market today, it is financials as well as industrials. bank of america, caterpillar, general electric, home depot, jpmorgan rising that the hour between 2% and 3.5%. a faster processor, 4-g wireless support, a high-def display and improved camera, these are some of the features on t

which it -- the best known is a zynga. mission bay and the train station blocks away and the presence of four nearby muni lines, a few workers will have to commute the a car. the building provides the kind of open floor space that allows occupants to view each other through the floors. a very important quality for collaboration and communication. the interior provide a very high ceilings and other collaborative work space. this building has been looked at seriously by several high- tech companies considering coming to the city or existing businesses expanding and it is difficult to actually find in the south of market area with buildings with as much as 25,000 and up square feet. these are in great demand. finally, i would like to thank cori and i'm available for any questions you may have. president fong: is there any public comment? >> of good afternoon, commissioners. i am speaking for san franciscans for reasonable growth, the authors of the law under which you are administering this hearing. this project is going to b

rich greenfield said this will create an all zynga ecosystem.t will give them a little independence. biotechs are among the day's best performers. signs pending acquisition could be in doubt, it's waived provisions saying we understand eby ebuy yo sciences could delay this. part of the issue, a $40 million insurance payment from the death of their former chairman and ceo. saying the pace of existing home sales is also bullish for them. but one of the big movers yesterday to the upside, following strong results, today getting a second look. some investors thinking maybe the fact they're going to be spending more to win more revenue and more shares, not so good. too much of a drag on its earnings. >> bertha, thank you very much. we're going to take a break, come back with the closing countdown. go over what has gone on in the last hour here. we're waiting for yelp's ipo that could price anytime after the close of trade in a few minutes. we'll have all the details as they break. but first, here's how the major averages are trading as we head to the

. >>> it appears stockholders of san francisco based zynga will begin selling their shares.according to the country's regulatory filing, stockholders will sell 123 million shares. the online game maker went public back in december. >>> the city of richmond just scored almost $2.5 million in federal money to reduce the hazards of lead. the money will go toward the program richmond effort to abate lead other known as r.i. o. the group looks toinvest in local infrastructure -- to invest in local infrastructure. >>> it appears lead is not the only concern. san pablo bay has the highest toxic discharge in the state. sassoon bay ranked third, the san francisco bay came in 12th. >>> well after a really nice friday, the clouds are starting to roll in. >> it didn't look like it was going to rain. >> rain is coming in, it's going to impact your saturday first. it's a big one isn't it. it has a lot of moisture. a lot of cold air behind it and it's going to last for a couple of days so it lingers into sunday. this morning when you got up there was a lot of frost. temperature will be sli

zynga's lead game designer is leaving the company to become a director at a different startup. lastly, a look at spectrum pharmaceuticals, missing street estimates. the company has a drug on the market used to treat the side effects associated with chemotherapy. bill, back over to you. >> seema, thank you very much. about 20 minutes to go. i jinxed it when i pointed out before the break, that the dow had turned positive, not only for the day, but for the week. because during the commercial break, it turned around and headed lower again. it happens every time, doesn't it? the dow now down about four points. time for a quick market stat che check. right now, the composite index is down 11 points. it was down 21 at one point. the volatility index edging higher today, just a fraction of a point, though, at 1737. we haven't seen 20 since the middle of february. the dow itself, as i mentioned, was higher. now it's starting to turn lower again. the stock of the day, though, has been yelp. the social media company that does things like restaurant reviews, you know it, if you use it, it

we are the headquarters for twitter, zynga, salesforce, cloud. it is all headquartered right here in our city. what i am trying to do is make sure those technology companies, when they start here, they were looking for people that would do the fantastic engineering. they could put it all on the social platform. that is why they have grown to billion dollar companies. they are located right here and all their talent has been right here. what if you had a chance to work for those companies? those are just three. there are 300. there are 1500 technology companies in san francisco. so of the names of which you have not heard about. they are producing all the different applications that you might be using. whether it is music, finding out where you are apt, yelp, they are all located here. in order to get these jobs, you have to have the same talent they are recruiting. that is what i want you to make sure you pay attention to your education. if you have a good grounding in your basic stuff, if you get to college, these jobs are waiting for you. peopl

zynga continues to grow. in a filing monday the company revealed it will buy the wilgd housing its new offices for $228 million, that's about a quarter of the cash it raised in its ipo. this building is 650 townsend theme flavors of the month including zdtv and saga and now zynga. >> scott, want to check the forecast with christina. >> if you're getting ready to take your little ones to school, we have weather elements kicking into high gear. the front moving into tahoe where the bulk of the moisture you can see from the live radar. but we're still getting some weak showers, stray showers through the south bay, from time to time. that will be the case. very light fast-moving showers through the next three hours. the window closes about cloyn clock am, the system moves out of the area. look at novato, sustained at 28 miles per hour. we're talking about winds quieting stronger as we head throughout the afternoon,san jose, you've got a sustained wind. it's not just the higher elevations and bridges that are seei

companies like zynga as well as angry birds maker which is considering an ipo., we're starting to see the social mobile games make casual games for the consoles obsolete. we'll have to see if the handheld, the vita, how that holds up, it was only on sale for four days last month. >> julia boorstin, out in l.a. again, waiting for the president. we'll go to him in virginia when he makes the comments about the jobs report. next on the "halftime report," using currencies to play the u.s. economy. money in motion trade next. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> want to get your money in motion trade from chief strategist. dennis gartman is focused on the yen very much as you a

but i guess some people have forgotten that lesson, otherwise they wouldn't have bid up yelp or zyngan. when you have an ipo that has tons of hype, the only way to get a profit is by getting in on the actual ipo and then selling into the initial spike. >> sell, sell, sell! >> i know i said this before. i'm going to keep repeating it until i'm blue in the face or people stop making the rookie mistake ofpaying up for these names after they've begun trading. to find the cure for these hot internet companies with no earnings that have already cost people fortunes the second time around, look for an overlooked and underrated dotcom that has been around the block a few times. in other words, an adult internet company. an adult internet company like iac interactive, symbol iaci, that has been quietly edging higher and higher, to the point where it's now barely more than a point off its 52-week high list. they own more than 50 internet businesses across 30 countries, dictionary.com, citysearch, urbanspoon, as well as recognizing the most profitable division, match.com. the most important thin

currently zynga gets 90% of revenue from facebook.he site will come online later this month including popular games line farmville and citiville. however, users will still need to use their facebook ids to log on. the service is not intended to migrate users away from facebook though. >>> just ahead on "street signs," facebook's $3 billion, yeah, with a b, tax break inside the fight to defriend the megaloophole. and these little pigs are squealing. "street signs" back after the break. [ male announcer ] lately, there's been a seismic shift in what passes for common sense. used to be we socked money away and expected it to grow. then the world changed... and the common sense of retirement planning became anything but common. fortunately, td ameritrade's investment consultants can help you build a plan that fits your life. take control by opening a new account or rolling over an old 401(k) today, and we'll throw in up to $600. how's that for common sense? our machines help identify early stages of cancer and it's something that we're ex

. ♪ >>> little bit of breaking news about the elusive zynga presser.an acquisition of omp. roughly $200 million is the acquisition price. our sources have confirmed now this is zynga's biggest acquisition and first acquisition since it went public last year. you would expect to see this disclosed rather shortly as far as s.e.c. filings is concerned. we'll have more for you on that. you can see shares are up just about 5.5% on the expectation of that news. we'll have more for you guys as that presser gets underway in just a little bit. mandy. >> indeed we will. thank you very much, kayla tausche. in the meantime 90 minutes left in the trading day. so what is the street talking about? well, the dow is really at this moment trying to avoid a third loss in four sessions. do check out the stocks on the move for example home depot the big winner on the dow today up about 1% right now. you heard us talk about priceline as well earlier, but check out expedia. it's also moving up in this fairly mixed market. and we have to also check out what's in pharmaceutica

." ♪ [music] >>> check out shares of zynga.hey did hit a new high today, but then dropped on an all things d report that zynga's head game designer is departing. the stock currently up by 2.2%. and what a week for apple surpassing $500 billion market cap and then the woz telling sully the stock could go to $1,000 a share. and then this morning another shout out from legendary tech investor marc and reessen. >> it was undervalued at $300. i would certainly say it's undervalued at $500. they are doing an amazing job across a whole number of categories. and the market opportunity is just gigantic. i wouldn't blink for a second at the thought it's going to go up a lot from here. >> well, add to that excitement of another bullish call about the itube, as we're calling it anyway, being a game changer like the iphone. gene munster is the man behind that call. you say essentially that the itv isn't yet priced into apple stock even at these levels and it's going to be a big deal. why? >> it is going to be a big deal because it's going t

we can do it by working with people like the thing that -- like zynga to partner for nonprofits and city college. through the diversity of our people and geographic locations on the pacific, san francisco is uniquely positioned to be the preeminent gateway for goods and visitors from latin america and beyond. growing our international trade and tourism generates jobs for san franciscans at home and abroad. with organizations like sfmade, from bike messenger bags to ceramic tiles, a new market is being created around the world for local goods made right here in san francisco. [applause] clearly, i can go on and on about jobs. i will. jobs will remain the top priority of the administration. you should care about jobs, the economy, and innovation. if you care about muni, like i do, you should care about jobs, our community, and innovation. whether it is parks, health care, the arts, public safety, the environment, where schools, our ability is directly connected to giving every family the ability of a paycheck and willingness to embrace innovation. through all of this, we are partnering wit