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Advancing. 05 and the nasdaq climbing, i want to talk about whats become the mustown stock of this earnings season. Facebook. If you paid any attention to the market Coverage Today you probably heard someone say that facebook with the newfound 190 billion market capitalization after the 3. 69 rally is ridiculously overvalued. You heard it. I heard it snc you know how they slam it wait a second. They use brand name comparisons like, what do you mean its worth more than intel or oracle for heavens sake . Thats wrong like theyre indig minu nant about it. Its past merck some merck is now tied with...

Well have them first with the best analysis you can find. That all starts after the bell. Then after that in exactly two hours, president obamas exclusive interview with our Steve Leisman will air in its entirety right here on cnbc. Steve will join us on the show beforehand to tell us some of the highlights. We do know the president wants to talk about tax inversions, letting it be known he will support legislation to stop companies reincorporated overseas to escape the 25 tax rate here in the u. S. Well have much more as the president and Steve Leisman get into it over the economy. Melissa le...

Others are brandnew and needed to be exploited to the fullest. The pin action is everywhere. Some of this might be coming on the heels of good performance on the strength of a remarkable breakthrough treating the terrible disease of cystic fibrosis. Take gilead. Then there is celgene which soared today. This is the cheapest big cap drug company in the universe. Even after this remarkable run. You want to talk about buying on dips . People say, cramer, youre a big dip buyer. Thats stupid. Consider regeneron. What happens . Pharma giant sanofi took advantage of the decline to boost its stake to ...

Your money into pot . You can vote on that coming up in a bit. And Hurricane Season is here. A storm is developing. The forecast is straight ahead. Tyler continues on vacation. Simon is down at the nyse. Hey, sue, welcome to day one, down here on the floor of the new york stock exchange. It was a laggard. The broader market, never forget the s p having a big six months, up 6. 7 , thats for the russell up 3. 8 so far this year. We begin the second half. Were close to 17,000 on the dow. Some Exchange Traded funds. The mid cap 400 for the s p, iwr, all up nicely today, but theyre up on heavier th...

Also today, the one thing to watch. One thing and one thing only in biotech that will likely move this very interesting sector. Sue is out for a few days. Sara eisen joins me from the new york stock exchange. Hey, always good top with you, tyler, technology on a tear. Energy stocks are in second, utilities in thing. Intel, sandisk, and broadcom all up. Tech arguably the most important component. Thats more than finances. Dominic chu has hunt fog value here to name some names. Here as the case. The overall s p secondo trades at about 18 times trailing earnings, so we looked at the s p 500 tech ...