On wall street. Squawk alley is live. Good morning, and welcome to squawk alley on this new years eve. Im kayla. With me simon hobbs. Good morning. Joining us from one market in San Francisco, founder and editor in chief at the information, also a cnbc contributor, jessica lessin. Good friday to you. Or good thursday to you, rather. Its not quite new years yet, but soon. Its a short week, so its easy to get a little bit confused. First, jessica, microsoft says it will now inform customers if Government Agencies are trying to hack into their accounts. It comes after a reuters report that the company chose not to tell thousands of hot mail users that their accounts were hacked by the chinese government. Reports say microsoft found evidence of these attacks back in 2011, but, rather than informing users, it simply asked them to change their password. It was reuters that reported this originally and reached out to the company for comment. Is there precedent for Something Like this . How do
Today. After whats been a rough week, we are looking for a positive action. Lets take a look at the 10year yield. Are we around 2. 6, somewhere in there . 2. 64. And lets head to our road map now as well. Where does it start . Where would you expect . Twitter filing for 1 billion initial Public Offering. The Ticker Symbol twtr. The filing reveals the company not yet profitable. So is it worth an investment. And without job support today, markets will have to watch washington to see whether theres any end in sight for the Government Shutdown now in its fourth day. And look out apple. Samsung predicting a a record profit for the Fourth Quarter as it releases its new galaxy smartwatch in the u. S. And a massive spread in usa today, which well get to later. Lets start with twitter, of course, which has unveiled its highly anticipated initial Public Offering plan. Julia boorstin is outside twitter headquarters in San Francisco. Ooh, the wind is blowing, your hair looks very nice, julia. Tak
Deals, looking for some specials. Well, yes. Ill go online. Ill shop all day there. But coming out here . I will say, were finding some stores are doing a lot better than others. Yes. Its very hitandmiss. Well be talking about that over the next couple of hours here. Because thats the Real Advantage of being here, bill, the shopping mall. We should mention, as youre out across the country, you are being watched. There are analysts here. There are retailers who are measuring traffic with digital devices and just taking a look at the shopping bags. I mean, this is actually where the research happens, for people trying to figure out who the winners and losers are today. We walked around the mall before the show. We met two analysts scouting around to see what was going on. Well talk about that coming up. Meantime, weve got morally going on wall street. The dow and s p in railroad territory, up 45 points on the dow. We were up 76 earlier. Nasdaq up 32. Another 13year high there, and the s
Doors. Good morning. Stephanie ruhle is on assignment today. Doubt, you are watching the canadian hockey team. You must have had your pompoms out. The newsfeed. The top business stories from around the world. Above its closing record level today to erase all of this years decline. Flying past 1850. 1851 now. Fell six percent before rallying the last three weeks. Activist investor carl icon is icahn is carl blasting the ebay board. He says at least two Board Members are competing. Being accusations, icahn proposing his own board of directors and wants to separate paypal away from ebay. Trish regan will be speaking to carl icahn later today. The battle that keeps on going, mens wearhouse we think its offer for juice of a bank. They rose their offer 10 to 1. 8 billion, and could go. Igher it is a battle that began in october when joseph a bank offered to buy mens wearhouse. Out in silicon valley, the word is going on with the markets, it is time to cash in and go public. Ipo to considerin
And right now the dow is higher. But the s p is trading a bit lower. We should mention a lot of people are looking a t the moves weve seen in the 10year wondering if people woke up today, realized, oh, my god. Maybe tapering is tightening and stocks could have a tougher go of it. Well get into all of this coming up on the program. Also coming up, weve got two huge exclusive interviews on tap. Legendary investors jim chanos and bill miller. Their best ideas on a market many think is to fidefying grav looking forward to that. Today we get an exclusive read from zillows ceo spencer rashoff. Home sales dropped in the Third Quarter, we saw, for the Third Straight month. But zillow says that home prices are still on the rise. So what happens next year as the fed is tapering, presumably yields go up on the long end of the yield curve. That has an impact on Mortgage Rates. If Mortgage Rates are going up, what does that do to sales and home prices . Well talk with the ceo of zillow about that.