Actionpacked technologyfest. Emily chang journey from new francisco,rom san cory johnson. Agilehe guest from software, purchased by oracle in 2007. Larry ellison and the resignation the company he cofounded in 1977. He has seen it through so many ups and downs. A largerthanlife personality in the technology industry. Very controversial tactics, singling out the enemy and taking them down or buying them, replacing himself with two two lieutenants. Mark hurd will run marketing and sales, and safra catz will run legal. She has been there since 1999. Mark hurd has been there for four years. Lots of questions about how well they will work together. Questions about whether oracle needs new blood. While they dominate the industry, they have not been as innovative as people hoped. It seems Larry Ellison, while giving up the ceo title, is not going far, is he . He is remaining chairman of the company, and larrys still going to be there. At age 70, maybe that is why he is leaving. He is bombasti
Under new management. Bob is here. Nicely done. Nicely done. Wonderful moment for barclays and New York Stock Exchange and for capitalism in general. I know that sounds corny but that is how i feel about it. What did you do just jump off the set . Thankfully post 9 and next is post 8. Took sideline reporting to a new level. I walked into the building this morning and said to an unnamed executive what time do you think this is going to happen . He said my indication is noon. It went off about three minutes before that. Josh brown will join us in a couple of minutes. They are switching over the mics. As soon as he is sitting down we will get his opinion on things, as well. Massive crowd down here this morning. So highly anticipated. What a lot of people didnt get a chance to see was the crowd outside the nyse at what they call the pen. It was amazing. Jack ma is literally a rock star in china and has an entourage of reporters that follows him around. There were 130 here today. From 100 d
55 said no. 45 said yes. One of the morning papers here, the reUnited Kingdom. The no voters, jubilant last night as the results started to come in. 2 million scotts voted no versus 1. 6 who had voted yes. They were absolutely ecstatic, the no vote, to see what was happening. The yes voters, as you can imagine, extremely unhappy. Uk Prime Minister David Cameron, thats not him, thats alistair darling, but the uk Prime Minister David Cameron just a few hours ago addressed the nation. Good morning. The people of scotland have spoken. And it is a clear result. They have kept our country of four nations together. And like millions of other people, i am delighted. As i said during the campaign, it would have broken my heart to see our United Kingdom come to an end. The british pound rallied sharply overnight as the results started to roll in. Weve seen it pullback now, but still above 163, almost to 164. So maybe some of that priced in. But you can see the rise overnight. Let me show you wha
And its been trading around that price right now. I should point out, on this incredibly newsy day, as youve been hearing, roger goodell, the nfl commissioner will be holding a News Conference. Hes expected to talk about the Domestic Violence issues that have plagued the nfl for the last couple of weeks to perhaps talk about an overhaul of the personal conduct code in the nfl and talk about the work that they are doing but well get to that as soon as the News Conference gets under way. We will be, with the apology of the choppy nature of what is happening in the markets today. This is where it all happened today. Were waiting for the pricing action to begin. The dust has settled. This area was wall to wall, shoulder to shoulder with hundreds of people this morning. But Stocks Holding up pretty well. 92. 70 is where it was traded but, remember, when jack ma wanted to personally choose all of the shareholders, that meant they would be choosing people that they thought would be holding on
Melissa alibaba debuting in style, living up to the hype and seeing a massive pop in its big debut. The opening trade, clocking in at 92. 70. Charlie gasparino is clearing his throat next to me because he was right. He said over 90 bucks. It is 36 from its initial pricing. Demand is overwhelming with 100 million shares traded in first ten minutes alone. Here is our own Charlie Gasparino for his victory lap. We have anthony scaramucci, live in person, sky Bridge Capital partner and fox business contributor, thank you very much. Veronica daguerre here as well from the wall street journal we have a allstar panel on very big day. What do you think of alibaba, real quick . Im taking a victory lap. Melissa of course you are. That is shocking. Most normally modest. I dont like the company. Melissa really. Anthony will say in a second. Melissa okay. And, i think this is a tradeable stock. Its a momentum play. I dont like a longterm investment in this i dont trust the Chinese Communist governme