Melissa president obama expected to speak in minutes from his cybersecurity summit at stanford. Apple ceo tim cook is one of the headliners. He is at the podium right now. But president obamas other ties with Silicon Valley might be getting a little frayed at edges. Mark zuckerberg, marisa mayer, eric schmidt, larry page all passing on the president s invitation. These were the same folks shelling out maximum contributions to get him elected go years ago. Here to discuss all of it, our very own Charlie Gasparino. Geraldo rivera is here, host of geraldo at large. Dan henninger, deputy wall street journal editorial director. What a panel for friday or any day. What do you think of the folks in Silicon Valley dan, not going to the cybersecurity speech . Sound like they are marking down Barack Obamas capital out there, as something to do with the fcc and Net Neutrality but the cyber speech, i think, on paper, if one might say that in digital age, make as certain amount of sense. But he is
We had the cognizant ceo on, hes one of the youngest ceos, 38 or 39 years old. This is one of the deals that i didnt realize cog anizant is a big as they are. They were there before but this changes the game because the systems that this company is buying puts together, we may use it, actually, its back technology between the payer and provider. So thats what the deal is. A nice little merger monday. Joe is looking at me like this is okay. Good job. Not interesting. This is what you want. You tell him you want breaking news. You want news at 6 01 in the morning. You want news. Okay. I dont recall trizetto being acquired. I have never heard of them before. Im sure you hadnt yet until you got this. I dont even know if i know apex well. You know apex. In the u. K. , thats where we were based originally. This company is based in colorado. And what in health care would or did they actually they actually do the Technology Service behind sort of the computers where you have the provider and t
At what it calls a modest, to moderate pace. That was helped by Consumer Spending on cars and homes. David the u. S. Trade deficit widened more than expected in july. Exports dipped as a result. There were positive signs on a bounceback in imports, indicating new strength in demand from the u. S. Consumer. Liz in the past few minutes the u. S. Foreign Relations Committee approved that resolution giving the president obama to use limited force in syria. The vote was 107. David auto sales accelerated in august with the industry racing to the strongest month in november 2007. Automakers say the it topped 16 million vehicles on annual basis. Liz another trading glitch in the nasdaq system after two weeks after the socalled flash freeze. The exchange said there was a sixminute outage for a small number about stock symbols. The issue was resolved and trading not effective and more importantly they kept the markets apprised an informed. Better communication. After the bell starts right now. D
Havent seen since 2007. Stocks were mixed monday. Whats most critical to traders the s p 500 is holding on to the1,500 mark. Investors are cheering yahoo shares rallied after the close. The tech company had better than expected earnings. And the credit is going to the new ceo marisa mayer. The Federal Reserve is set to release Federal Reserve, banks its results on the latest Bank Stress Tests march 7th. And sale and clearance signs that were removed by management. Are going back up at jcpenney. Larry levin of trading advantage joins us on this tuesday for a closer look at the trading day. Good to have you on the show. Which sectors in this market have the most power would you say . I would have to say in the tech sector, nasdaq, apple stock obviously. And if youre talking about power its markets that move both ways. Certainly apples big down move has been something big. And then obviously yesterday we saw yahoo and their earnings come out and a big pop in that stock. So i like tech. Th
More on that in a moment with our trader. And about that china thing. It has all the makings of a bubble. Chinas runaway growth may soon run into a wall a construction wall from the biggest building boom in history. Dozens of new cities thousands of gleaming towers, all empty. Theres talk there may be economic ruin for investors. And, when the employment numbers come out this friday, if at least 175,000 jobs are added to the economy, get this the number of working americans will be the same as it was just after Lehman Brothers failed 4 andhalf years ago. It was lehmans collapse that accelerated the recession, costing millions of jobs. The Senior Market strategist for trading advantage is scott bauer. Lets talk with him. So scott, we were just talking about this bubble with china. How is that playing down there on the floor this morning . Yesterday, that coupled with the long weekend thinking about the sequester and all the negative news out there, you would have thought that the market