Stock . Take a look at what its doing right now. Its up nearly 5 . Of course, it already has a big buyback and the thought of it being bigger is something the investors like. Arguably the most successful of all of the activist investors going after one of the Largest Companies in the world and pushing it up 4 . Even apple responded. They said that, quote, we appreciate the interest and investment of all of our shareholders. Tim had a very positive conversation with mr. Icahn today. I tweeted out a little while ago that the translation of that is, simply, gulp. And to think this was one time a target of shorts. You had David Einhorn in there last year. Exactly. Shorting the stock. And now to think carl icahn is calling it undervalued. Certainly one to watch today. Much more coming up over the next couple of hours, im sure. Also, its called the hindenburg, and it has the Trading Floor buzzing, because the omen is back in play right now. So even as stocks are rebounding today, you can fin
Certain big funds were selling some tech stocks to raise cash to buy twitter. Tonight and tomorrow so the nasdaq was down 8 points and s p 500 up 7. 5 points. Very close to its alltime high as well. Meanwhile, the dow crossing a fresh alltime high and s p ending near a record of its own. Bob pisani anybody expecting this strong of a day today . What was behind it . You know this is a very weird day, because youre right. The dow is at an all taif im high and look around and say, gee, everything must be doing great anticipate thats not the case. We had some very odd dislocations. Put up the full screen. The bledsoereadth was poor, flat at the nyse. May have been negative towards the end. Big cap texts, oil, Consumer Staples moving but all the big momentum name, bio tech got hit badly. Why i find it a strange day. Put up the major indices, look at this dow up 124 point, nasdaq down, the transports are down, 0. 7 . Thats a little strange. Normally you dont see that. If in terms of what was
Developments. We want to send it back to scott now. Thanks. Just before 9 30 on a friday morning, a busy airport, nations third busiest at l. A. X. Business travelers going home for a long week, people Getting Started on a long weekend and a gunman bursts through security line with an Assault Rifle. He shoots one tsa officer fatally, injuries another and continues almost all the way back to the airport gates. Nbc news, according to Law Enforcement officials, say hes paul anthony ciancia, 23 years old, u. S. Citizen. Apparently not related to the tsa. There were conflicting reports earlier. Authorities say seven people in all were injured. Six taken to local hospitals. Ciancias condition is not known but apparently he was shot by police. Authorities at the airport say that the situation is static now. That operations in some parts of the airport will be back to normal but not necessarily in terminal 3, which includes allegiant, frontier, jetblue and Virgin America. There have been rippl
Buzzing about carl icahn, eyeing apple as his next target. Bob, whats going on . Reporter it was a very interesting new world tweeting out positions like this. Lets look at apple, folks. 33 million shares . I looked at that and blinked, because normally apple does 10 million. Three times the normal. The tweets carl icahn sent out. We currently have a large position in apple. We believe the company to be extremely undervalued. Spoke to tim cook today. More to come. Well, there was more to come. Theres the next tweet. Put it up. Had a nice conversation with tim cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly. The company did come out and say that acknowledged there was a meeting, nice to talk to mr. Icahn. The bottom line here, folks, the stock market had a great day. And apple moved up and that helped the nasdaq. Let me move on and talk about the rest of the market. We saw the market down throughout the day. This has been a patte
Positive. Ill point out this is an expiration day. Anything can happen during the last hour of trade on an expiration day. But before this, the dow is in jeopardy of having its worst week of the year. Were down about 2. 1 going into the day. If we finish below 15,095, that would make us the worst week of the year. And we are well, were above that right now. Ive got to tell you, bill, it feels like the quietest expiration friday weve seen in a long time. It does. I said to art, what if they held an expiration and nobody came . But they and thats what happened. Weve got a big lineup for you here to walk you through whats happening as we approach the close and what may happen next week. Well be previewing that. We have David Rosenburg coming up. John cary and ralph acampora. You will want to hear what ralph said about yesterdays decline. We spoke to him yesterday, as well. Im excited to hear what he has to say about the market. You know hes been very bullish. Yesterday, he said he doesnt