Smartphone, tablets, ultrahigh death altra High Definition ultra high def. People are pitching everywhere be it with smartphones and tablets and these wearable devices, a lot of stuff a lot of time they say they will be competing with an individuals time. Check emails, check social media, you are going to be do it on a bet going to do it on a bunch of different devices. Determines it is about what it is connected to. The ceo of sony knows that. Them our products about you is measured by that. It is not just function that people desire. Deeper and more emotional value. In japanese culture, we call this kandou. Emotionalslates to involvement, the power to make people say wow. The legacy of fighting action packed adventure takes a step forward the launch of the playstation for. The market was wowed by our technology and our engineering and by our software. By theers were thrilled lineup of amazing titles. They have responded enthusiastically around the world. Sony sold 4. 2 million playst
Interview with investing legend Julian Robertson of the tiger funds. What are his best investments right now . Plus, he tells us who he thinks the best investor alive is today. And, then amazon launching a Music Service today. But wall street seemingly unimpressed. The stock taking it on the chin, down about 17 year to date. Our special guest bob olsteen is not surprised. Hes been a bear on amazon for a long time now and says it is about to go from bad to worse. Bob olstein will tell us that and more exclusive in about 30 minutes time. Right now in the markets heading into the close, major indexes heading towards their lows of the session. Dow jones industrial average shedding 122 points this hour. Take a look over at the nasdaq which is off by about 42, under 4,300. S p 500 shedding about 15, at 1,928. Heather hughes, jim lowell, peter anderson, and from chicago, our very own Rick Santelli. Welcome, one and all. Heather, let me start with you. Weve been spending a lot of the day focus
Meet the inflation target of 2 and one of the reasons the National Sales tax increase that has slow down consumer spending. A sign of progress on one front between russia and ukraine. Russia has agreed to resume natural gas exports to ukraine just as temperatures turned colder. Russia had said ukraine was billions behind in payments. Agreed to ahas partial payment of more than 3 billion by the end of the year. Meanwhile, rebels have stepped up their attacks on Ukrainian Forces despite a truce brokered last month. New problems for citigroup. Citi is facing a criminal investigation into its foreignexchange business and a six hundred Million Dollar charge for legal expenses. It says it is cooperating with criminal and antitrust investigations in the u. S. And in the u. K. And switzerland. More Management Changes at twitter, which has seen a few this year. Twitter has named kevin wild of the head of product. He has been in charge of revenue product. He is the fifth product chief in five ye
Consistent. Weve been talking about dive e diverging indexes for the last couple sessions. Its pretty clear whether youre looking at the Dow Jones Industrial average, which is off about 187 points, off the lows of about 220, still down better than 1 . Same goes for the s p 500 today. The broad market index telling you the same story. Very few components today, bill, in the green. Yeah, the dow was down 233 at the low of the session. Were told that there really is no pressure either way, to the buy or sell side, as we head toward the close. Lets talk about all these red arrows today. Joining us in our closing bell exchange, amy wu, heather hughes, jim lowell, jim oshaunnesy, and our own Rick Santelli standing by in chicago. Heather, youve been one of our resident skeptics about this market. You must be i dont want to say youre pleased about the selloff, but at least it brings you back to a level closer to where you might want to get back in. Hi, bill. Yes, i think theres been all this b
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