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Welcome to squawk alley. The founder of aol ventures is with us. John, its good to have you back. Jon fortt is out today but Kayla Tausche is here. The dow is down about triple digits. A few select companies are driving whatever gains we have in the nasdaq composite this year. Six companies, amazon, google, apple and gillian account for more than half of the 64 billion in value added to the nasdaq composite in 2015. The concentrated gain in a few stocks is boosting concerns of dwindling leadership, a market top, some say. The nasdaq itself is up about 7 so far this year. And i think if you take out amazon and google, john, even the s p is negative year to date. People say classic sign of an aging bull market. Is that legit . Certainly a ton of consolidation and thats reason for concern in a business that is concerned. Youd rather have more diversification of broadening. Im not sure if its a causation or a warning sign. Im not ready ....
Higher welcome to squawk alley. Im carl quintanilla. Jon fortt and Kayla Tausche at post 9. Mike santoli is here along with confides president and cofounder john broad. Good morning to all of you. Our top story is apple moving higher again today, the top gainer on the dow. Stocks the number one winner on the dow this week, up 6 . Its been a big few days for tim cook and company, rolling out the latest ios yesterday. Sprint and tmobile reporting historic preorders for the iphone which hits store shelves on friday. Cook was on Good Morning America this morning talking about his vision for the future. Wireless is the future. And so, when you decide on what the future is, you want to get there as soon as you can. You know, why put it for the consumer . Well, that plug, that jack takes up a lot of space in the phone, and theres a lot of more important things we can provide fo ....
Japan was closed. Oil coming off the best week since august. Bond markets are closed. This morning its the largest tech deal in history. Dell agreeing to buy emc for 67 billion. You will hear what ceos of both companies told cnbc. We will hear where things stand now with inbev and san miller. And twitter planning companywide layoffs. A big move from newly installed ceo, jack dorsey. Dell agrees to acquire emc in a cash and stock deal valued at 67 billion. Transaction includes a special stock that tracks the performance of emcs stake in vmware. Michael dell will lead the combined company. He talked about his future plans this morning on squawk box. We are focused on in the first 18 to 24 months, a significant reduction in the debt, which will come from certainly the cash flow of the combined companies which is quite powerful. Some cost synergies, but importantly the revenue synergies here are about three times larger than the cost synergies. As we said, biggest tech deal ever. Biggest p ....
Lately is because the market changed its tune, gone are the days when you beat the bottom line it was enough to send your stock higher. Gone are the days when you beat the top line, gone are bit pitting the bottom line and raising guidance is enough to raise the share price. Now you need to best the earning numbers and guide them dramatically higher vndz a stock thats got low expectations or heavily shorted. Thats right, the gauntlet is demanding because the economy is slowed and getting slower according to much of the recent data. So lets go over whats worked this year. All right . Whats emblematic of success as we know it lately so you can rule out a lot of other stuff . Im talking about under armor, netflix, wynn, facebook, google, chipotle and michael coors, because those are all the stocks that flew to new highs, defying the averages that brought so many other stocks crashing to earth. We know a bunch of things going into the ar under armors quarter, which launched the stock into ....