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And this thursday morning, it is kayla tausche, and jon fortt, and joining us is hep ri blodget. Tech is up 0. 75, and the nasdaq is still down 2 , and not that far off, henry, from nasdaq 5,000. Is this what is going on with the buy in may and go away. Well, we who own the indexes are happy about this. And looking at apple, we went through the period of where all of the bad news was priced in and now looking forward to the iphone launch in september, and lot of excitement about that, and probably not revolutionary or anything, but in the buildup of that, people are excited, and so i am not surprised to see the stock move. But it is about enterprise, and the ipos working and the consumer hanging in there, jon . Well, it is about the winners pulling away. I think that there is a lot of fear in february that the whole story about cloud, and the whole story about everything, and even smartphone, it was falling apart, but adobe touched the alltime highs today, and that is for me in tech is ....
Largest cash bid on record. We have both ceos joining us live in just a few moments. Our road map, return of volatility. What investors like carl icahn said how to navigate this market at yesterdays delivering alpha. Wells fargos ceo telling jim cramer he will not resign over abuse of account activations. Apples new operating system out and update getting mixed reviews. Also, tim cook out defending the new iphone 7. The stock saw a nice boost yesterday despite some big losses in most of the market. What will today bring . But first up, futures moving higher after three straight sessions of triple digit swings amid some falling oil prices, concerns about a potential fed rate hike despite tuesdays selloff apple was in fact the bright spot up 2. 4 for the best day since july. But then late yesterday at delivering alpha carl icahn offered that blunt assessment of this market environment. I think there are tremendous risks. But i think anyone thats going to tell you its going to go down tom ....
Craft, something that the drug cartels have been using a number of years now, but its not often that we get to see them in action and thats what im talking about right now with this video. The coast guard station in alameda just released this video of this bust that took place march 3rd. This was 300 miles northwest of panama. That is called a selfpropelled semi submersible. If you look underneath the water surface, you would see that it goes much deeper than it would appear. Inside was a fourman crew and 12,500 pounds of cocaine. The coast guard cutter was notified that was based here out of alameda. The coast guard crew arrested the smugglers. They were able to get the drugs safely off the craft. The value of those drugs on the street is around 200 million. The crew sank the semisubmersible. We just spoke with the Commanding Officer who is still out at sea capturing drug smugglers. Its satisfying. Every one of us enjoys keep ....