west. fitbit is expected to set a price for its ipo. it plans to offer class a shares for $17 to $19 apiece. as soon as tomorrow fitbit will begin trading on the new york stock exchange under the symbol fit. oracle shares plumbing in extended trading with quarterly shares in profits falling way short of what wall street wanted to see. oracle placing blame on something plating plaguing many seleka and valley companies , the strengthening dollar. we ve seen hp struggled with this and facebook struggle with it. how much of this is the strong dollar, and how much is it just oracle not performing? grexit s accommodation aboard commendation it s a combination of both. it s partly a transition to the cloud. they were late to the cloud. microsoft is well ahead of oracle. and you have the continuing fx headwind. this is partly oracle s execution. emily: let s talk about the cloud. oracle reported an increase in cloud software. what kind of progress are we seeing and what more d
fitbit is expected to set a price for its ipo. it plans to offer class a shares for $17 to $19 apiece. as soon as tomorrow, fitbit will begin trading on the new york stock exchange under the symbol fit. oracle shares plummeting in extended trading with quarterly shares and profits falling way short of what wall street wanted to see. oracle placing blame on something plaguing many silicon valley companies, the strengthening dollar. we ve seen hp struggle with this and facebook struggle with it. how much of this is the strong dollar, and how much is it just oracle not performing? it s a combination of both. it s partly a transition to the cloud. they were late to the cloud. microsoft is well ahead of oracle. and you have the continuing fx headwind. this is partly oracle s execution. emily: let s talk about the cloud. oracle reported an increase in cloud software. what kind of progress are we seeing and what more do you want to see? one of the biggest things you see when you
price for its ipo. it plans to offer class a shares for $17 to $19 apiece. as soon as tomorrow, fitbit will begin trading on the new york stock exchange under the symbol fit. oracle shares plummeting in extended trading with quarterly shares and profits falling way short of what wall street wanted to see. oracle placing blame on something plaguing many silicon valley companies, the strengthening dollar. we ve seen hp struggle with this and facebook struggle with it. how much of this is the strong dollar, and how much is it just oracle not performing? it s a combination of both. it s rare to see oracle myth a fourth quarter. it s partly a transition to the cloud. they were late to the cloud. microsoft is well ahead of oracle. and you have the continuing fx headwind. this is partly oracle s execution. emily: let s talk about the cloud. oracle reported an increase in cloud software. what kind of progress are we seeing and what more do you want to see? one of the biggest thin
this hour. what about mortgage rates in where do they go from here? they ve been rising on the fears about the fell pulling back, so where next? my partner, sue, is at the nyse. hi, sue. reporter: and the market s euphoria not to scale back on qe is farding a bit. the dow jones industrial average off about 31 points. the nasdaq has remained positive, up about 5.25 point p the s&p off 2 points. the threat of a government shutdown becoming a possibility less than two weeks from that deadline. fed chairman pbernanke talked about it during his news conference yesterday. a government shutdown and perhaps even more so a failure to raise the debt limit could have very serious consequences for the financial markets and for the economy. and the federal reserve s policy is to do whatever we can to keep the economy on course. reporter: and house speaker boehner making some comments today as well. our chief washington correspondent, john harwood, is here with the very latest on wha
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