And the nasdaq up by just over two points. First, andrew has some of the days corporate stories. Good morning. Thank you, becky. Good morning to you. Gopro is expected to price its ipo after the closing bell. Its expected to be the Largest Electronics debut. To mark todays pricing, we have a gopro right here on the set, joe. Yeah. I dont know if you see this. Im now taking an image of you. Come of, come over. Is it a video gapemaker . No, no, its just the camera itself. We just said video gamemaker gopro. No, its a videomaker. It makes videos. You see the double box. Thats a little better for the viewers, probably. Nick invented it. Hes a surfer. He was surfing through bali, indonesia, australia and came up with the idea of want to go be able to like if you want to punished it on the front so you can videotape yourself while doing it. We have him on the show tomorrow. We can show my skiing stuff. Theyre waterproof, you play around with them. Weve also talked about what your plans were
Im annemarie green. This morning, police and other Law Enforcement officials have new orders regard aring cell phones. In a unanimous decision, the Supreme Court ruled that in most cases police must obtain a warrant before searching a suspects cell phone. The sweeping decision is a defeat for the Obama Administration. Reporter the decision was a major victory. The decision will end a Police Practice of routinely searching cell phones during arrests. The Obama Administration had argued cell phone searches were like a search of a suspects wallet, briefcase, or coat, which dont require a warrant. The privacy advocates at the Cato Institute said cell phones are different. It is like the equivalent of having your diary, your photo album, all of your bank records, your health records. Your entire life is on you at all times. Reporter in a decision the justices agreed emphasizing a cell phone, unlike a wallet, contains vast amounts of sensitive personal information which together can form a r
Im annemarie green. This morning, police and other Law Enforcement officials have new orders regarding cell phones. In a unanimous decision, the Supreme Court ruled that in most cases police must obtain a warrant before searching a suspects cell phone. As jan crawford reports, the sweeping decision is a defeat for the Obama Administration. Reporter the decision was a major victory. For privacy rights in the mod concern digital era as chief Justice John Roberts put it, cell phones are such a pervasive and insist tant paent part of de the proverbial visitor from mars might conclude they were an important feature of human andmy. The decision will end a Police Practice of routinely searching cell phones during arrests. The Obama Administration had argued cell phone searches were like a search of a suspects wallet, briefcase, or coat, which dont require a warrant. But privacy advocates like the Cato Institute say cell phones are different. It is like the equivalent of having your diary, you
Stock of the day, groupon, the company posting a loss. Just heard jim cramer talking about it the company reveal it had began to take a smaller cut of the revenues on daily deals during the holidays. It sacrificed revenue and profit to attract and keep merchants. All right. We will show you what just one quick thing, what these guys in the back do when they have Nothing Better to do. They put me they put leaseman into my hair. If anybodyist th if anybody thinks leaseman should get hair dont you think . I like people the way they are. Dont change. Dont change. Stay golden, ponyboy. Do not do the ron insana. Keep it off. Make sure you join us tomorrow. Squawk on the street is next. That was an image could i do without. Im carl quintanilla, melissa lee, jim cramer, david faber. We begin 89 points from the alltime closing high. Just this side of positive and chicago pmi on the way. Europe has gains this morning. Tokyo rebounded along with the rest of asia. China pmi is out tonight. Our roa
I do worry about the work ethic thats kind of developing in this country. Food stamps up from 17 to 47. Social Security Disability 3 to 9. Unlimited unemployment benefits. I dont think that was the work ethic that our Founding Fathers thought about. I hope as we recover a number of things, well reestablish the need and interest in working. For me, as far as this whole sequestration goes, i think we need to differentiate between tax hikes and spending cuts. Last year it was tax heights that plunged into a recession. The fiscal cliff was a big deal. Sequestration is not a big deal, because Government Spending needs to go down. The market knows that. If they suspended it and pushed it off, it would probably be worse for the markets than actually having it go through. Gentlemen, thank you both for being here this morning. Its been wonderful. We appreciate it. Make sure to join us tomorrow. Right now its time for squawk on the street. All right. Good morning. Im david faber along with, yes,