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we ll help you regulate volatility when we speak with emerging markets guru mark mobius and hedge fund giant cliff robbins. joining us to break down the market action, fast money trader, fast money giant himself guy adami. i m never down here it s like my yearly appearance on the new york stock exchange especially on a day when fang is getting crushed but this has been a theme for a while. we ve been seeing this for the last three weeks this started if you really want to go back and look with google, then it happened with amazon you know, it s interesting the top in amazon was when warren buffett announced his stake in it when the stock traded 2040. none of this is any good i will take some solace in, this the fact that facebook is on its way to trading 50 million shares today on a day when it s down 7% when it typically trades 14. that to me wreaks of capitulation so maybe you can take some solace in that but to the earlier point none of this is any good no ....
him and the nasdaq 2008. we can really show what is happening. is other daily moves. the 1% moved down. risk, itepricing of gave way to the bulls, which the s&p 500 up for the year. until you see a capitulation bottom, the bulls truly take lead to that could either gains or losses you are likely to see more volatility. let s take a look at the movers on the date. really moderating losses earlier. ge really turning around. one penny per share, the new ceo outlined a new reorganization plan that could see $3.9 billion a year. .oca-cola up 1.4% him finally, huge movers relative to earnings. let s look at under armour. 21% short interest, they did eat in a huge way. putting up 25 cents per share. the internet services company up 14%, they also beat and the shares upgraded to a buy. their red dead sales have surged. some bullish action here. tremendous bear selling pressure more recently. you for the rundown. we are joined by the senior editor and lead blogger for bloomb ....
all in the name of raising money for paid yediatric cancer and research. we have a number of speakers joining us live here throughout the next couple hours. there they are. we have nascar champion jeff gordon and cliff robins of bull harbor group, and a unique way to play streaming media, and, yes, involves teletubbies. oh, boy, looking forward to that coming up. green light capital statement e einhorn, bringing you all the headlines of what he talks about as soon as we get them, but we begin with apple crossing an important milestone today in terms of value. bertha is at the nasdaq with that side of the story for us. reporter: yeah. apple s market cap today crossing $800 billion in market cap. it crossed $700 billion after blistering 37% gain the prior year. already this year, apple s up more than 32% notwithstanding iphone sale numbers in the most recent quarter. the stock is up $100 a share since tim cook took over as ceo in 2011. a gain of nearly 200%, and apple ....
1st. is that what the date was? the fear gauge hitting the lowest level in more than two decades. the volatility index closing yesterday at 9.77, the lowest level since december of 1993. i can t imagine that s not a place where you would buy. though normal stocks that hit new lows what do they do? hit more new lows. stocks that hit new highs, hit more new highs. it can only go $9 more lower. yeah. this only happened five times ever. having always thought in a contrarian way that complacency and when people get participants get bullish, you worry. call ratios, you worry. percentage of investment services. if it s that complacent i admit, okay, it s not going to be le pen, but the world at this point, there s nothing that we re not thinking about that could happen that could throw us for a little bit? it scares me. the flip side is if premiums are so low, you can buy insurance and remain long or replace your stock with calls. there are different ways to us ....
we are inches away from the record. futures steady as we wait for the fed at 2:00. tech titans will meet with donald trump today at trump tower. we re going live to midtown manhattan, watch them as they walk in. two new names officially announced to take a spot in goldman. more on the changes. first, 89 points, that s how much it will take for the dow to hit 20k. the blue chips coming off their 16th record closing high. s&p and nasdaq hitting record territory. all aed head of the fed s rate announcement at 2:00. live coverage will begin right here on cnbc at that time. we will get the forecast. we ll get the dot plots and the q & a. i have to tell you that interest rates are down today. you can see how this market is changed. oil is not up. interest rates are down. the futures are not higher. the banks have a lot of people feel like that the banks are the ones for this rate hike. even the rate hike is now baked in or maybe feel that some people feel the econom ....