we need an adult in zynga. do you know any adults that would want to run zynga?ook into it. i'll look into it. >> all right. [ bell ringing ] >> there's the s&p at the top of the screen at the big board here this morning. data software company pros holdings doing the honors and over at the nasdaq texas-based independent bank celebrating its ipo. congratulations to them. auto sales, we got a bunch yesterday. autonation today. sales up 7% year over year. luxury jim, up 15. >> what did they? cut the rates for rich people? how much were the rates down? president obama must be thinking what was all of that stuff about the rich people complaining because they're buying cars like it's going out of style. look, rich people, i apologize that i said for a second that your taxes -- it's okay that you went up. no one likes higher taxes, but it's not keeping people from buying cars. >> right. was this the strongest month for porsche ever? >> yeah. 4,000 -- last time i looked you don't need a porsche. you could buy a ford fiesta, but the focus had a good number. i mean, autos

players aged 18 and over in the uk will be able to play zynga plus poker and zynga plus casino, eitherzynga already up some 35% this year. melissa, back to you. >> i can't wait. josh lipton, thank you. >>> time now, zynga plus casino, it's awesome. time now for "fast money" madness. the tournament had a day off yesterday. but we are back at it today. we started out, of course, with 64 stocks from four regions, and have whittled the competition down to six names. tonight we feature the regional finals from the financial sector. number one seed bank of america taking on number three seed visa. the winner will advance to the last four stocks to duke it out. so let's turn to the trader for this very important matchup, guy. your pick. >> look, i said it. i'll say it again. i think visa can and should win this whole shebang. it's not because i think the consumer here is alive and well. far from it. but, again, people are spending money in a different way. they use plastic instead of paper that trend will continue. visa processes these transactions. they win to that letter. >> keith? >> i go

that is where zynga makes most of its money. a lot of the games are free but end up paying money for virtual tractor. bookings as that is called, wall street was expecting $230 million. that would be a 10% drop. bookings came in at $231 million. people are end spending more inside the game. liz: word you don't want to see decrease, several of these headlines, scott bauer, are saying decrease. first quarter monthly unique users decreasing from 182 million in q1 in 2012 to 150 million in q1 2013. average daily bookings per average decreasing in this first quarter. >> yeah, you know i totally agree with you. if you go back to the earnings estimates, the company really low-balled, they really low-balled the ballpark for this earnings estimate. so coming in as a beat, i'm not so sure that it is really a beat. what i'm interesting to see, what is happening with their online becaming. in the u.k., it is fine, going well there but that is such a small percentage of their business. here in the states, online gaming there is only three st

monthly unique visitors to the zynga game site down 18%.eanwhile, bkings, that is the purchases, there you see those decreasing user numbers. the company doing it, farmville is so hot, why is it losing active users instead of gaining them? now going over to qualcomm, te upside to that paair of tech partners with earnings today. qualcomm expected earnings per share of $1.17, ca in at $1.17. expected revenues on wall street of 6.09 billion, came in at 6.12 billion. remember, revenues have been missing with the quarterly reports and that upsets wall street. now, full-year guidance, it had been $4.25, $4.25 on qualcomm. the company raised the earnings they full-year guidance to $4.40, $4.55 per-share. meanwhile the third-quarter outlook in the middle o revenues, they say they will come in at $5.826.3 billion for the quarter and that would be3 gross of 25% to 36%. rather than growing at about a 30% clip for the past few quarters, qualcomm chip powering wireless devices for apple and microsoft and blackberry. this kind of an agnostic supplier to

zynga is going a new neighborhood, launching zynga plus poker and zynga plus casino. real-money betting for gamblers in great britain. investors see those as positive for springa right now and positioning for online gambling down the road. the shares changed hands at five times their average volume gaining more than 14%. >> and the 2013 corn crop forecast is the biggest, you may have heard in 70 years and corn accounts for three-quarters of monsanto's seed sales. the company reported higher than expected earnings today and boosted its full-year guidance. shares, however, little moved here up about .1% at $104.51 on this otherwise down day. >>> conagra also reported today and missed analyst expectations on both revenue and earnings, but it maintained its full-year guidance. conagra sells familiar brands like wesson, ready whip and heinz ketchup. shares down nearly 2%. >> coming up next, the obama administration reportedly pushing to make it easier for people with weak credit to get a home loan. will this repeat the mistakes of the past or will it help the housing marke

thoughts on zynga's potential? >> zynga?se -- >> farm -- that's what youç ar playing right there. buying -- >> yeah. >> that thing still trades? >> friends with -- >> yeah. my thoughts on the potential of the stock -- >> there's two different things. they could be -- potential for the games, potential for the stock. >> and the potential for the stock, i think, is grim. though, here you go. it's $3.40ish, right? 18% short interest. the quarter wasn't a disaster. guidance was. that's your only potential that you have out there. a lot of people out there betting it's going to zero. >> two-thirds of the market cap is in cash here. >> look at you. mr. fancy stats. >> i'll see your zynga -- >> just shut down and give it back. >> they should shut down and give it back. absolutely. >> shut down and give it back? >> i'm just -- >> they sell virtual animals for virtual cash. >> turn it around. >> that didn't work so well. >> a little promo for "options action," you want to get long, sell puts. >> can we limit our risk that way? >> ri

zynga expected a loss of three cents a share. the dow down 43 points, reversing some strength that we saw about half an hour into the close. nasdaq and the s&p 500, not bad, but certainly well off of the highs of the afternoon. we did see some sellers come out at the end of the day today. in the meantime, let's get straight to the market action. we've got michael yoeshikamesshh us, and nathan back irthan bach things seem to be getting better, certainly from the earnings we've seen so far, looking at earnings, about 2% growth. that's a little better than they were expecting a week or so ago. what's your take on this market? >> my take on this market is we're pretty much pricing in a recovery and we've got to be very careful here, maria. it's already been a slower recovery than we've seen on a historical basis coming out of recessions. i think the durable good orders, some of the housing numbers, some of the jobs numbers are going to show the economy is not as strong as people think. that's why we think, you have to be taking profi

zynga is the brand behind words with friends.l not in great shape. >> analysts looking to see a drop in revenue. you know, similar to facebook, analysts want to see the company monetize mobile. that is the keyword here. they want to know how many monthly active users are using zynga games on their mobile device. if they can see an uptick on that number, they could see the stock move higher. >> i have finally gotten bored with words with friends. >> i used to play it every day with my son. i have stopped doing it. >> are you playing zynga poker? >> realtime gaming is potentially the future. what did they say oon their call? >> they have two titles in the uk. that's the expectation. and in terms of daily and monthly active users, last quarter was the first quarter that they actually broke that out. 300 million. about a quarter of those eechb with that. >> that's the number of people i will be looking for. >> you are watching the cheesecake factory? >> just watching to see if they get beyond what happened last quarter. are they goin

. - let's start with zynga. this has been a gamble for a lot of traders out there.what is your position? - actually looking a little interesting down here. this was, not too long ago, the way to kind of backdoor play the facebook ipo. that trade didn't work out too well. the stock now down around $3.50, starting to get a little bit of a bid down here, especially with the rumors of perhaps online gaming being approved in the uk. so, i kind of like it as a real speculative play here. certainly at $3.50 i like it a lot better than at $6, $7 not too long ago. - all right, so, would you be willing to put your own money on the line here? - not only willing, but have. these stocks down here, again, highly speculative. i am using it as a very small part of my speculative money. but, at $3.50, you know where the downside is, so the loss limitation i kind of like here, and i also like the fact that they are getting some more out of their business model going forward. - what about facebook? - exactly the same kind of idea there. this stock has come down from the ipo price. the

but looking at it, zynga i think as the best the upside opportunities. it has been trading between $4 and $2 since august- - it has terrible earnings. - and it's a lifetime stock that you can treat like an option. - topic number two: it's almost may. will this be the year that traders should "sell in may and walk away?" - the history of this is silly. people used to go away in britain for the summer, so volumes would decline. so, it is kind of an archaic idea. then they would wait for the leeds horse race and then come back. so, no, i don't agree with it. there is more upside to the market. - there is historical data that can say certain things, like april is historically a good month. we also say "as january goes, so goes the rest of the year." - until it doesn't. - but, i think the stock market is headed higher. i don't know if we can get too much higher. we need participation from technology, the banks, and global growth stocks- - i have something here: m-a-y, malaysia. malaysia has been trading between 1250 and 1550, broke out to the upside. 20% upsi

i like zynga. i don't think this is about what they were but what they are going to be. >> what are they going to be? >> online gaming. so in other words, they just expanded into the uk for that. they're going to be doing the same thing in america. >> online gambling. >> we will see if i address that on the fon frens call. >> calls expected around the world over the next week. >> he joins us on the fast line. always good to be spoken to. >> i think it's abundantly clear that the central banks everywhere around the world are force feeding reserves. they have been doing that for a period of time. i have been agnostic of u.s. stocks for quite a period of time, basically since the middle of february. it's stocks from around the world. currencies that work. a risk on circumstances. >> that is your etf? >> that is mine. mine and mark fisher's. >> you do like chinese stocks here? is the corollary to that that you also like copper? you like oil? you like all of the other commodities that feed into the chin

david: more important than me, zynga and qualcomm are about to report earnings.nteresting things aft hours. the market is trading down toward the end. day. liz: the s&p flipped over the flat line, nicole as we await numbers from zynga and qualcomm. >> we're watching names to the upside. obviously an exciting time during earnings season. the dow is snapping a three-day winning streak. zynga is certainly a winner. watch qualcomm. david: what happened to apple, nicole. after they reported, we saw it up to 425. looked like it was closing 450 level today. it came way down. >> there is so much going on with apple. this is 415, 419, 392. it was all over the place. that is the pattern for apple an virtually unchanged. they surpassed, iphone, ipad sales. raised dividend. good bad news they're out of favor with wall street and they don't have anything new on the pipeline. >> at&t happens to be the worst performer on the dow jones industrials after sales fell short of analyst expectations. >> right. we're watching at&t. that pressured the dow. that is worth about 20 negativ

zynga plus poker and zynga plus ca casino only available in the uk, help hopie i hoping to make a move to burst revenue. gaming and gambling sites are expected to be unveiled in the coming months. real money gambling is illegal in most states in the u.s., but the san francisco bay's company says it is planning to expand into other european markets later on this year. >>> securities and exchange commission is giving companies the go ahead this morning to post financial data to twitter and facebook. scott mcgrew points out, they already were. >> yeah. in fact, lawyera one of those postings really raised this question about whether it should be legal. the answer is yes, so long as you warn your investors ahead of time. the case actually dates back to netflix, posting by reed hastings, to bragged on facebook that netflix had just reach a billion hours viewed. good financial news, but hastin hastings violate some sort of trading rule because he told facebook users before he told the rest of the world? hastings said that question was ridiculous because he has 200,000 follower on facebook, ma

alan valdez, you like zynga? have you played angry birds?haven't played it. >> me either. i have no idea what that's all about. >> but you're right, after the close, we get over 100 companies reporting today. after the bell. >> we are in the sweet spot this week. what do you make of the market's response to all these earnings? for the most part, they're taking them all in stride. >> they are. it's really not surprising. we thought they would beat, on the bottom line, revenue would be a little weak. >> it's one thing to be able to cut costs enough to get the profit up, but if revenue doesn't continue to grow, you've got a problem here, don't you? >> you definitely have a problem here. i still think you'll see slow growth, but it's definitely starting to change some momentum here in the market. >> but they're raising their price targets for a lot of these averages. s&p capital like you up to 1650 and looking for 10% earnings growth for the end of the year. do you see that? >> i don't see that. that's a little high end. we're looking a little l

david: zynga is down over 7%. you can here the bells are ringing on wall street. what will happen with amazon. amazon you probably know the numbers come out pretty soon after 4:00. so any moment now we will get those amazon numbers. in fact they just came out. we're parsing through the numbers. adam shapiro is going to provide us with details of those numbers. if we could see after-hours what is happening to these numbers as we look at the major indices settled to the upside. dow jones industrials is in single digits. it is now up almost 30 points. nasdaq is up the healthiest of all the indices with the exception of russell 2000, small and mid-sized stocks doing well. numbers are out for amazon. we're parsing through those numbers. let me show you the bid

. -- zynga and that stock is down today. cheesecake factory issued earnings after the closing bell, it looked pretty good, ups is definitely good with a full report. we will smile and say good morning to you, it is already thursday, april 25th, i am dave clark. >> time now is 6:30. >> several arrests were made in west oakland in a joint operation between fbi and the police. tara moriarty is at the police headquarters with exclusive video of that and what happened. [ technical difficulties, stand by ] >> reporter: they teamed up with san leandro police as well as the drag net and we have video of the staging area -- [ technical difficulties, stand by ] [ technical difficulties, stand by ] . >> reporter: now they were secretive about why they were conducting the raids but we now know it involved weapons. we saw several fbi agents and another raid happened in west oakland around 8:00 last night. . >> they asked for identification of all of the people who lived there. law enforcement says it's a result of a criminal investigatio

zynga. it's not a big stock, but it's down big time, i take it. zynga, down almost 10% this morning, and this is because they talk about a weak outlook, a couple of things to note and of course, you talk about farmville, words with friends and those are some of the games and they're pleading for more time for the turn around effort. and a slide for the number of people playing the game and that's not good. 13% fewer people playing the game. stuart: i'm going to call that a day trader stock and low price get in and out with a few thousand bucks and they're down today. stay there, nicole, i'm going to start with amazon kind of in the news for two reasons, number one, it supports that internet sales tax? that's interesting. and number two, the company reports its earnings after the close today. look at it go, 271 on amazon. reuters is reporting that verizon may offer, i can't believe this number, 100 billion dollars in cash and stock to take full control of verizon wireless from its partner, vodafone. both of those stocks are on the upside. not by mu

i want to take a look at zynga. zynga shares are jumping today. they are rolling out to gambling type casino games. that is over in the uk. insiders are all speculating when they will be able to do that right here in the united states. back to you. melissa: thank you. lori: stocks are drifting lower today. it was after that disappointing employment note. after both the dow and s&p each sol new record closing highs yesterday. with the rally being led by defensive sectors, these less economically sensitive stocks, if you will, how long will that lag? we have a chief market strategist with us now. please to welcome you to our show. >> it is a chicken play. a lot of folks have gotten into this market because they were forced to. we got through the fiscal cliff. we got through sequestration. we got through higher taxes. we even got through cyprus. they were looking for some type of pullback. you got about 10.5% in the first quarter. it never really came. there was a lot of window dressing. people were forced to buy into a rising market. they went into

david: zynga is down over 7%. you can here the bells are ringing on wall street. everybody withd breath anticipating what will happen with amazon. amazon you probably know the numbers come out pretty soon after 4:00. so any moment now we will get those amazon numbers. in fact they just came out. we're parsing through the numbers. adam shapiro is going to provide us with details of those numbers. if we could see after-hours what is happening to these numbers as we look at the major indices settled to the upside. dow jones industrials is in single digits. it is now up almost 30 points. nasdaq is up the healthiest of all the indices with the exception of russell 2000, small and mid-sized stocks doing well. numbers are out for amazon. we're parsing through those numbers. let me show you the bid-ask after-hours. it ended the day 274.70. look at this, there is a pop after-hours a significant pop. so folks are liking what they're seeing, liz. liz: they are. the initial reaction was slightly lower. now it is jumping on amazon as we look through the numbers we want to tell

zynga ceo says the number of people playing these games fell by 13%.the stock did jump yesterday after a fake press release said a chinese company would buy the company. many journalists have worried about news off the internet, twitter is going to have affect our jobs. to be honest, with these fake tweets and fake press releases, if you are getting rational, carefully thought-out news, this is a plug, that keeps our jobs fairly safe. >> it has been interesting, though, the fake ones that have come out with the white house and whatnot. thank you very much. 6:59. that is what's happening "today in the bay." we'll be back with a local news update in about half an hour. >> looks like a pretty good-looking day and a good-looking weekend. it is friday eve. go out and enjoy it. we'll see you tomorrow. have a great one! >>> good morning. breaking news. >>> good morning. breaking news. two bargeo os on fire and explog in alabama. the blast felt for miles. three people injured, hundreds ordered to evacuate. >>> person of interest. investigators closer to solvin

first up, zynga, the stock is 15%. >> yeah, zynga has been on a tear all year. part of it is because of the online gaming. i think part of it is it got very cheap last year. the stock -- the company has more than a dollar in cash on its balance sheet. if it can monetize the gaming industry, it's a cheap play. and dollar tree. the stocks aren't moving all that much. >> they were expecting the payroll tax would hurt this company more than it did. they're looking at it right now. this is morgan stanley on the upgrade, put a $57 price tag, currently trading a little over 47. and the reason that is is because the same-store sales actually aren't dropping the way they were expected. they're actually about flat right now. i like this industry, scott. i like these dollar stores. we heard from some of the others recently. we're seeing positives there. the tradedown effect is working. >> weiss, u.s. steel, not good. four-year lows. it hasn't been a good performer, i think along with cliff's, it's one of the worst. >> yeah, a gift that will keep on giving if you're short.

zynga fell then, bounced back some on a weak forecast.qualcom also fell on its outlook. however, akami shares jumped 16%.. after topping earnings and revenue expectations. and today, federal regulators will detail threats to the financial industry--including high frequency computertized trading. scott bauer of trading advantage is at the ready for some trader talk this morning. scott, who's buying this market? > > i don't think the big money fund managers are out there dipping their toes in up here. what you're seeing is the retail investor who maybe has not been able to participate over the last 6,12,18 months. anytime we see any kind of minor pullback at all they're the ones really dipping their toes in the water now. > > is wall street worried about the economy? i know we have a big gdp number coming out on friday for instance. > > it looks like wall street is a lot more worried than just the mainstream investor because the economic numbers that have been coming out recently are not so great and that's really being reflected in many of the consumer staple stocks that

. >>> zynga reported a penny a share. that's the good news. the social gamemaker issued a very sharp warning about revenue for the current quarter. shares were up more than 5% before the close. they dropped more than 10%. right after that earnings release. >>> first solar led the s&p all day, after selling its largest solar farm to the southern company turner renewable energy. the purchase more than doubled its solar capacity. first sola gained more than % today. and year to date is up more than 45%. >>> and near the top of the dow today. boeing reporting first quarter profits up 20%. they took no special charge for the dream liner. investors cheered that earnings news and the expectation that the faa will clear the dream liner for passenger flight later this week. boeing gained more than 3% today and is up more than 20% this year. >>> yesterday's fake associated press tweet the one that sent the markets into a temporary tailspin escalated concerns about corporate internet security and how safe all our online accounts really are. today a victo

zynga, mike? >> yeah, they announced in the uk, zynga plus. maybe if their social media gaming technology isn't going to propel them, maybe some real gaming online might do it. however, this is a company that hasn't made any money, i'd stay away from it. >> a pop, the move 3%. guy? >> it's amazing a stock on the tape that's been straight up, it's gone straight down. on the day with the worst tape in months, this stock bounces 3%. i think sell the news, maybe another day to the upside, but these stocks have been bad, i think they continue to be bad. >> hospitals aren't where you wanted to be, mel, not when they are talking about medicare and medicaid reimbursement and so forth. that was great for humana, great for unh, not good for tenet health care, a lot of money rotating out of that and towards the insurers. >> got a drop for pulte. >> yeah, this is one i think that as tim mentioned before, it was a good winner year-to-date. it's down at least about 10% now from those highs. looks like a double top up in the $22 level here. so this one, you

zynga's leader is asking for a game changing "pay" plan. c-e- o mark pincus is requesting that the board cut his annual salary to one dollar "and" to skip bonuses or equity awards. pincus reportedly is worth $800 million dollars. the struggling stock is around $3. salaries of other top-level execs will not be cut. interest in yankee candle is lighting up. the popular candlemaker is reportedly worth $2 billion dollars - ten times its annual earnings. it's drawing interest from private equity firms across the u-s. the company is not commenting, but reports say the sale process is in early stages ans should be made public in a few weeks. downzing is happening at disney. despite its blockbuster hit "oz the great and powerful".... disney is laying off staff from its studio and consumer product divisons. reuters reports it is unknown how many people will be let go. its disney's latest effort to cut costs, now that advances in technology have made some positions obsolete. kfc is bone free. the fast food chain is frying up a new concept by selling

, that's up 10% this morning, watch out for zynga.ays it does not currently have any intention to merge with or buy its partner vodafone. vodafone shares down. another indicator, some economic indicator, goldman sachs cut its rating on caterpillar to neutral from buy, and cat is down, but not by much. 50 cents. tesla motors will partner with wells fargo on a financing product for its electric sports cars and put 10% down apparently almost like a mortgage for tesla and the stock is down this morning. profit dropped 57% at conagra foods makes chef boyardee, and hunts ketchup. we're the 14,661, but no big retreat thus far after hitting a series of records. time is money, 30 seconds, sorry, 70 seconds worth, we'll be covering for you today. a wind energy chief who says no more federal subsidies for green energy. why is he saying that? you'll find out the top of the show. and we'll talk with a man who cleans up your internet reputation, do you want flattering links? he can arrange it. how much it costs. the outrageous stories of athletes w

watching names like zynga, safeway, starbucks. just to name a few.g day for earnings today, it is amazing. she is going to be busy today. many democratic congressmen think the faa furloughs leading to long delays at airports are a bad idea. rich edson joining us from reagan national airport outside of d.c. with the latest on the involvement of our congressmen and women. rich: nobody likes these furloughs, but how do you pay for it, how do you prevent it and find the $200 million between now and the end of the fiscal year to be sure there are no furloughs of staff. flights are beginning to stack up. take a look at the flights delays due to these furloughs, 422 on sunday, the first day of the furloughs. more than 1000 on tuesday, yesterday more than 1000 as well accounting for about half of the flights delays we have seen in this country over the past four days, those are faa statistics. a move in the u.s. senate to allow the department of transportation to take money from somewhere else and find the $200 million it will take to prevent these furloughs

zynga's shares surged nearly 15% yesterday. that's a very big one-day move.ing real money gambling is a play to tap into a highly lucrative market. zynga built its brand on facebook games like farmville, but they aren't as popular as they once were, so you could see that being a natural fit. >>> by the way, a big announcement from facebook. the company is not giving details, but a lot of folks are expecting them to unveil a phone this afternoon. rumor is it will be powered by the android operating system. the big goal is advertising. it's facebook's primary revenue source. the company has struggled to figure out how to make money off its mobile users, especially overseas. but as one facebook analyst says, that facebook phone would enable it to get as close to its users as possible. >>> okay, from phones to televisions, talk of an apple tv set. one analyst says he has the details pf brian white of topeka capital markets says he visited suppliers in china and taiwan and believes the so-called itv could cost between $1,500 and $2,500 and go on sale this year. ot

zynga has a plan to revive the company and bank of america unveils next generation of atms. >> hi, emily. >> good afternoon, larry. the company announced today that john door will be joining the board of directors. one of the top vc backers. boeing's dream liner completed a final test flight on the upgraded battery system. the flight is the last test before the battery design can be submitted. the fleet was grounded in january. after batteries heated on two flights. >> fis beinger is slashing 75% of the staff. sources tell bloomberg the company is letting employee goes after it dmot find an auto partner. manufacturing a sedan called karma. the company alter prod dux when battery maker filed for bankruptcy. a new patent filing reveals apple is working on a street view system in a challenge to google maps. users will be able to scroll through street view by move thirg device. technology may allow users to enter buildings you may remember that apple dumped google maps in favor of apple maps but after complaints about apple mapping service, apple allowed google maps back on, weeks later. a d

given recent setback, zynga needs a question.stion is the person or persons who wrote the press release. they now feel the need to break the law to come back. it's the worst fake i have ever seen. if you're watching "squawk box", you stink. >> it's 8:30. >> i was done at the sec. they will know who sold zynga stock in 15 minutes. >> this guy probably bought options on friday. the whole thing -- they're going to know if 15 minutes if there was transactions done premarket. >> they maked quotes from badu. they are like we don't know anything about this. >> they said this is not from us. this is a fake. couldn't figure it out by looking at how lousy the press release was. badu said it as well. >>> u.s. economy will officially become 3% bigger in july. they are updating national accounts to take inning r in tanningths into account. refiction is the equivalent of adding a country the size of belgium to the estimate size of the world's economy. >> the effects of the sequester, hampton pearson joins us with more. >> how are you doing, an

back wit >>> zynga announced today it's introducing two real money games. it will be available to players in the uk at least 18 years old. shares rose more than 15% over the news. closing at $3.53. shift as the company grapples with slow growth in social gaming on the web. >> and today is the 40th birthday of the cell phone. >> yes that. is right. 40 years on this day in 1973, that martin cooper invited reporters to watch him take the first call in new york city on the de -- device he invented. >> remember those phones? >> we've got a recent photo of cooper. he is now 84 and works in silicon valley. >> it took decades before it became a part of every day live. now there are six million world wide. and people probably couldn't wlif out it. >> no. i barely can get through a newscast without a tweet possibility. pan dora bringing in more listeners despite a crowded market and disney pulling the film on lucas films video game development. >> yes. barely four months after acquiring lucas films for $4 billion disney announced it's ceasing development of the video

zynga has three plus different ones. mean, i will tell you something, transparency feels really great and sounds really great. it makes it really confusing four investors and where they should look. here is another trend that is happening. if you work at a bank, you cannot go on social media. now, the banks are loosening up those rules. they are considering letting workers access their own facebook pages that work. one of these guys could inadvertently disclose important information. this is just a minefield i want to warn viewers about. if you see a stock rocketing around for whatever reason, you have to watch out what is happening here. we know that the sec is letting customers do this. reed hastings at netflix put on his own facebook page information. tracy: 20 different places for people to check. that does not necessarily mean that all 20 places have the same information. liz: t. go to the government website. ashley: interesting. thank you. tracy: coming up, exchange fees. another airline dropping something that man

liz: you know what was strong on a big down day, zynga and

better news for san francisco game maker zynga which launched online gaming for real money in the united kingdom. and the bay area's largest bank may be on its way to court for a billion dollar fraud case. a judge ruled that san francisco based wells fargo may have to face trial because of the dealings with a company called medical capital holdings. the case claims wells was a trustee for medical capital which collapsed in 2009 costing investors nearly a billion dollars. all of this news on a day when stocks back track. the dow fell on concerns about north korea and a slower u.s. economy. >>> rolling back into town. the rock legends embarking on a new world tour with stops in the bay area. >>> handle with care, the delicate moving operation taking priceless works of art on a whole new journey. >>> and a road map to a vaccine. the important new step in aids research with a local connection. >>> i'm jeff ranieri in the nbc bay area weather center. after sunny skies, mid to upper 70s major changes coming our way for thursday. there is our spring storm on the satellite radar picture. we will

zynga shares, with a new announcement and facebook and twitter have a measure reason to be, and theyrnings if the investors have been told where to look. and the facebook c.e.o. and the co-founderrer of aol say she may consider a role in politics, as the increasingly high profile executive and author of "lean in, her network is about $400 million. she has denied in public she is looking to move to a new position. as you mentioned, apple tv could be here by the end of the year package the with a mini tv letting you watch programming in another room but the price tag is up to $2,500. that is from the new york stock exchange. >> see you later, jane. >> now mike nicco and the forecast. lots of stuff we need to know. >> absolutely. i will show you what live doppler 7 hd is not doing, the radar is showing how dry it is even with the thick marine layer of clouds and upper level clouds streaming through our neighborhood. we will talk about the visibility and we have been tracking that for the better part of the morning, the fog, napa and livermore have the lowest visibility and most dangerou

but zynga said the current quarter won't meet forecasts. it is gaining mobile users, but losing them on web games. >>> just four contestants left on "american idol." the talk tonight that a judge may be on the way out, and a former judge might be coming back. >>> also, bill martin updating his forecast. at 10:45, what to expect tomorrow and right on through the weekend. >> a major fbi and police sweep on the streets of oakland. we'll tell you what happened in a live report, coming up. >>> happening now, a major law enforcement sweep on the streets of oakland. these pictures are from 14th avenue and east 22nd street near lake merritt. this is one of several locations being targeted tonight by the fbi with the assistance of the oakland, and san leandro police departments. we did talk to oakland police chief howard jordan just a short time ago, and he does confirm multiple arrests and several locations, but declined to provide more details. ken wayne is at the police headquarters. ken what can you tell us? >> reporter: frank, we came to opd he

but zynga said the current quarter won't meet forecasts. gaining mobile users, but losing them on web games. >>> just four contestants left on "american idol." the talk tonight that a judge may be on the way out, and a former judge might be coming back. >>> also, bill martin updating his forecast. at 10:45, what to expect tomorrow and right you kids should count yourselves lucky. we didn't have u-verse back in my day. you couldn't just... guys... there you are. you know you couldn't just pause a show in one room, then... where was i... you couldn't pause a show in one room then start playing it in another. and...i'm talking to myself... [ male announcer ] call to get u-verse tv for just $19 a month for 2 years with qualifying bundles. rethink possible. >>> happening now, a major law enforcement sweep on the streets of oakland. these pictures are from 14th avenue and east 22nd street near lake merritt. this is one of several locations being targeted tonight by the fbi with the assistance of the oakland, and san leandro police departments. we

. >> within amazon you got to car name like zynga.nk the average daily user's -- active user is down 21% year over year. they did unveil draw something 2 yesterday but people worried about some of these metrics. they do have a fair amount of cash, $1.7 billion. >> that's pretty much their claim to fame right now is cash. it is interesting that this was the week last year where omg pop draw something was perhaps the rage in the country and scramble words was just so powerful. it just showed you the faddish business of what they're doing is horrendous. do you know that last year at this time they had bigger market cap than electronic arts. now electronic arts has doubled their market cap. if zynga didn't have any cash in the balance sheet the stock would be at 48 cents. >> jim, how's villanova? we were looking at some of the distinguished alumni over history. bradley cooper. maria bello, beautiful actress. and my favorite, jim croce, who apparently became friends with don maclean when they were students at villanova. >> howie long. i do

now, the stock jumped yesterday after a fake press release said the chinese company, bidu would buy zynga. many journalists are worrying about twitter threatening their jobs. the more fake press releases we see, the better for us. stop, wait a minute, let's analyze this and make a few phone calls. that's what we do best. >> there you go. we investigate. >>> it is 5 lon 56. a brand new discovery on the inventor who changed the way we communicate. >> a little tough to hear. a long time ago. researchers finding the earliest voice recording of alexander graham bell heard introducing himself. the wax disc was tucked away deep in the smithsonians archives. scientists were able to use 21st century technology including 3-d imaging to play back the recording. a team from the lawrence berkeley national laboratory played a key role here. they helped identify his voice. he is credited for developing and putting out the very first telephone. >> pretty cool. 5:75. new rules this morning in nevada after a state psychiatric hospital is accused of dumping hundreds of patients across the country. many of t

other stocks weighing on the nasdaq, actually, in the social media space, groupon, zynga, and facebookmaria, bill? >> thank you, seema. facebook stock certainly not on the fire as of late. ceo mark zuckerberg making headlines now away from his social media business. he's helping to create a new issue advocacy group that will focus on education and immigration reform. so with facebook down about 33% since last may and a pending announcement on thursday about a new mobile plan, maybe zuckerberg should be more focused on turning around the stock, according to some investors. >> we have both sides of that right now. max wolf of green crest capital says zuckerberg cannot have it all. he should not be distracted by things like forming a nonprofit, but av mendez says everything zuckerberg does ultimately does help the social media giant. good to see you both. make your case for mark zuckerberg. and by the way, we can throw in cheryl sandberg and her book, "lean in." you've got two high-profile members of the c suite at facebook who have all these very interesting outside interests right now.

you had a significant investment in zynga, group-on, of course, twitter as well.to us about how you allocate capital, how you see technology growing and where are the growth spots in the next 20 years. >> well, we have invested over $1 billion in facebook, at some point. and overall, we have invested close to $3 billion in the last three years. and it's only in internet and related technologies. we are constantly looking out for new ideas there. and this $3 billion was basically only allocated to slightly more than ten companies. so our investment strategy is to write big checks to a small number of companies. >> so how does this develop? where do you think the next big thing is? >> well, if you try to completely boil it down to fundamental principles, internet is about two things. one is connectivity, and we know that the number of connected people will go from roughly $2.5 billion to $5 billion pretty rapidly in the next five years. and the second big idea is accumulation of data and processing of data. so connectivity and accumulation. that was the internet of

connell: let's go to nicole pack nicole: let's start off with zynga.ential for online gaming. we are seeing it jumped 14% right now. with this move that they may launch online gaming in the next few weeks, they have a buy rating and a four dollar price target. jcpenney. they certainly are one to watch. there is a five-year chart. this was an $85 stock back in 2007. shareholders are beside themselves watching what ron johnson has done with the company. they will cut his pay almost 97% to $1.9 million. they cut his pay 97% to $1.9 million. back to you. connell: thank you. dagen: microsoft chief in new york city to help push the big-money move of an nba team. connell: isn't this what got us into trouble in the first place? the president wants easier lending standards for home mortgages. let's take a look at currencies today. ♪ but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all

zynga will take the plunge in real money gambling.y it will begin offering poker and casino style games in the u.k. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> welcome back, everybody. u.s. equity futures are indicated higher. dow futures up by almost 14 points. s&p futures up after big gains on the market yesterday with new record levels once again for the s&p and the dow. our headlines this morning, verizon says that it does not curren

zynga, a name coming under some pressure today. the stock is down 7% today. number of people playing these games has slipped about 13%. also taking a look at amazon. everyone waiting on that today after the bell. it is a winner so far today. everyone is waiting to see if there is any news on boxes for televisions. will they say anything pertaining to that? that will be something we are watching as well. melissa: yes. without question. watch out what you should keep an eye out on with the report. of course, we have full coverage of amazons reports. tune in right after the bell. it looks like this guy is the limit, after all. delayed flights and frustrated passengers has the senate rethinking those furloughs. lori: greg kelly weizen. melissa: take a look at how the dollar is faring today. stronger against the euro, weaker against the rest. we will be right back. ♪ ♪ [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your