Category 2 but its still danger it slammed into a gulf coast as category 4 150 miles an hour winds. Well take you lye where the situation is still unfolding sports coming to a stop. Maybe temporarily. Players in nearly every proleague choosing not to play last night in protest of the shooting of jacob blake inwayway the Milwaukee Bucks began the protest. Bucks owner said i fully support what the team is doing and im going to do whatever i can to help them get their message out and try to bring about a change. It sountdds like the nba may be back on today. Everything is very fluid your Investment Committee is here today we got to do a quick recap of these record markets. Green, green, green, green the s p up as well the s p earlier hitting the milestone of sorts plowing above 3500 for the first time ever. The nasdaq, else what, every high is a new report high. Even the small caps performing with the gain on the dow, 247 points even the lowly laggard dow getting in on the action its now
We want to begin with bob who covers twitter. Bob, you with me . Its good to have you as always. You follow this as closely as anybody does. What do you make of the speculation around this company . The stock has had a pretty good run from 14 to 19 and change. Is a take out becoming more likely. We dont think theres any take out possibilities in 2016. I think they want to see those things they want to do resonate. Jack has only been there for a year almost and the board is new. I think they fully support jack. I think you have to get through those changes and if youre on current trend which have been getting worse in 2017 you could see a take out on the that point. That meshes with what im hearing today as i talk to people. Im told that jack and the board still think that they can unlock value, that theyre not ready to sell, but at the same time they would be realistic if they got an offer. The last thing they want is to pull a jerry yang and get an offer and turn it down and two years
Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt several miles away. It was caused by what it is calling an anomaly during a static fire test. Henry, how much does this set back the ambitions of spacex . Or is this just a natural occurrence for a company trying to do something very difficult. Its a natural occurrence. Elon musk said rockets are tricky. All the Space Exploration companies they all had these set bac backs. It reinforces the idea that when youre working on these engineering problems things can go wrong. Look at tesla and the issu