Good thursday morning. Welcome to squawk alley. Joining us this morning from one market in San Francisco is the former ceo of twitter. Currently the siceo of fitness startup core startup chorus. Good morning. Well talk markets. Im a one word person this morning. Yeah. This is going to be a very long interview, i can tell. Lets begin with the markets dow is down 22 despite the early trade. Tech remains on a terror the nasdaq aiming for ten Straight Days of gains, touching another all time high today. S p 500 index broke the nearly two decade old record closing above the dotcom bubble you have to go back to march 27th of 20000, dick. I know you had attention on valuations within specific sectors of tech. What is your take on these levels are they important i think the interesting things that happening in tech right now is in Public Sector is that youve got this real separation that the hyper Scale Companies, facebook, amazon, apple, google, are getting from everybody else if you juxtapos
Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. And its very much a growth story that is behind the combination. The products complement each other perfectly. The regional fit is really great. And while there will be at one point or another some discussions with regulators, we dont see this as a major issue. Behr said it decided to make details of its proposal public after reports surfaced last week. Tribune once again rejected a sweetened offer from ginett. The board of tribune which owns the l. A. Times and Orlando Sentinel said its turnaro
Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. And its very much a growth story that is behind the combination. The products complement each other perfectly. The regional fit is really great. And while there will be at one point or another some discussions with regulators, we dont see this as a major issue. Behr said it decided to make details of its proposal public after reports surfaced last week. Tribune once again rejected a sweetened offer from ginett. The board of tribune which owns the l. A. Times and Orlando Sentinel said its turnaro
Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. And its very much a growth story that is behind the combination. The products complement each other perfectly. The regional fit is really great. And while there will be at one point or another some discussions with regulators, we dont see this as a major issue. Behr said it decided to make details of its proposal public after reports surfaced last week. Tribune once again rejected a sweetened offer from ginett. The board of tribune which owns the l. A. Times and Orlando Sentinel said its turnaro
Said to plan an offer for yahoos with business, including its japanese arm, sending shares in tokyo surging. You are welcome to countdown this friday morning. Im manus cranny in london. The cynic in me says the markets are preparing for something much more insidious to come. Lets focus on the yen. Has the yen run it smile . This is where we are seeing dollaryen on a time frame, high noon for the yen in the United States. View at theo be the moment. This was new york yesterday at 11 00. 4 00 in london. Midnight on the orient express. We see the market begin to turn around. The voices of intervention are rising. The high for yen was the strongest since before qe. Weve had a fiveday rally. Up2. 8 against the pound and 2. 6 against the dollar. The biggest moving yen was against the pound. Bank of america says get ready for appreciation. Nomura says the level at which you see appreciation is 105. A friend of the program was spoken. He says they wont intervene on dollaryen until you trigger