steve sedgwick live for us in london. do people think this is going to pop huge at the open or what? >> reporter: well, it's popped huge before the open as well. they raised the price twice, brian. what's interesting is what led the dow higher yesterday, really old tech, microsoft trading at highest level in 12 years. now it's all about twitter, which upped its price target twice. $26 per share is the ipo price. they could have sold this twice over. it's valuing the company pretty highly. $18 billion is the valuations. there are caveats out there. some people slightly concerned. it doubles its revenue to 168 million u.s. dollars. year on year tripled its losses. a company very high valued still losing $164 million in the last quarter. in other struggling websites looking at potential merger, henry blodget, nothing coming out of it yet. would they like a full collaboration? they were just having breakfast, denton and blodget. >> two big brands and names in the business. when was the last time you walked out of your flat an

steve sedgwick live for us in london. >>> still ahead on "way too early," the latest on the bullying allegations from the dolphins. why the man at the center may not be the only one to blame. >>> and this contestant on the prices right was excited to play and she kind of loses her head a bit or at least part of it. we'll explain. >>> president reagan today signed a massive immigration reform law which will effect millions of immigrant now here illegally. the new law grants amnesty to illegal aliens here before 1982. ♪ ♪ nothing says, "you're my #1 copilot," like a milk-bone biscuit. ♪ say it with milk-bone. we've learned how to stretch our party budget. ♪ the only downer? my bargain brand towel made a mess of things. so goodbye so-called bargain brands, hello bounty basic. the affordably priced towel that's an actual bargain. watch how one select-a-size sheet of bounty basic is 50% stronger than a full sheet of the bargain brand. it takes a strong towel to stretch a budget. bounty basic. the strong but affordable picker upper. and try charmin basic. ♪ hey,strong that's the

steve sedgwick live for us in london. steve, good morning. >> hello there. yeah, the market had a very good month in october. s&p up over 23% for the year, up over 4% in the month of october. so, yes, they gave back a bit of ground, but it wasn't a great fright. elsewhere really interesting stories. 23 million homes plus, 47 million americans plus, are actually recipients of food stamps and they will get a benefit cut today. it will be around about 36 bucks out of the 275 monthly benefit per household which will be cut, but there is a multiplier effect. which means it has a two to one effect in many cases. so if you lose $5 billion worth of benefits, that can have a $10 billion effect on the u.s. economy. so real concerns there about what those benefit cuts mean across the united states. elsewhere, a bit of good news for people who have been reluctant up until now to put money toward flexible spending arguments for health care. basically use it or lose it was the old mantra. now it seems the irs and treasury saying you might be able to carry forward 500 buck

steve sedgwick live for us in london. >> those minutes every is looking at plus have a look at campbell's soup and best buy. tesla shares down by about a third. and there an investigation into the model s sedan. the company has said we welcome the investigation. it could lead to recall potentially. but the company is also in the meantime put a software patch on the group so that at highway speeds, there is higher ground clearance which is one of the accusations labeled at the automobile. elsewhere where, yahoo! boosting its share buy back program by $5 million. marissa mayer is looking at new ways to reinvent the company even looking at a new head of design. >> so there is a study that says americans hate going to work more than any other country in the world? that's search not true with "morning joe". >> no, no well, if you look at "morning joe" and way too early, 100% of producers. >> absolutely. >> something to do with the love working with the anchor. anyway, but this survey only 7 countries. if you're came needian, 64% of you like or loved your job. only 7% of you hated your job. if

steve sedgwick is live this morning. good morning. >> yeah. very good morning you to, brian. interesting that the price reaction is a couple bucks down on world benchmark. the u.s. benchmark trading a little lower as well. what is important to note is that the iranians will not be putting more into the market, it's frozen between 9.9 million barrels and 22.2 barrels in the day. the saudis are also a little upset. they have the iranians at 150 billion barrels of reserve. that means the current 1 million could go up two, three, four, five, six, even start challenging that $10 million barrels a day. that's why they're concerned here as well. airline prices are going up. a lot of seats being taken out domestically. cincinnati the worst hit. prices have increased 26% nationwide between '05 and 2013. >> the days where i could lie flat across three empty seats are over. they're always full. listen, every year it seems people expect very little from consumers in the u.s. and they end up spending a ton. this year there is a lot of caution around the holidays, right? there is this is b

steve sedgwick, good morning. >> yeah. the kay shiler home price was the real -- wrels we saw potentially the report coming out, and they could charge consumers for parking money on deposit. this is a long shot. the fed in its most recent chat talked about potentially charging banks. banks having zero interest rates, and consumers may be tied on deposit. it is a long shot. waiting for the banks to turn around and said no, that's not the case as well. men's warehouse turning the tables in a bid for -- basically when you are the acquirer, if you get acquired, this is called the patent house. 1980s. >> yeah. i actually have a retro little joy stick game of trying to teach my kids how to play pack man. speaking of games, do you have on your iphone and ipad, is it there a game you're a little ashamed to have on it? >> where he. but it's not candy crush. >> what is it, though? can you tell me? >> it's tetris. >> still? >> minesweeper. these are the most basic games. >> well, tell me about candy crush because these games come in

steve sedgwick live for us in london. >> good day to you. the markets are looking good after those previous losses earlier in the week. just redressing the balance somewhat for the bulls. but investor confidence not good in the politicians. no one seemed to come out at the latest global investors survey. the president's approval ratings have fallen to 38% from previous 50%. it's worse for the republicans, as well, down to away about 19% from the previous late september 28%. democrats in the house pretty much where they were before around about 30%. what is interesting is 52% of respond departme respondents say another shutdown is expected. >>> talking to bank of america, deutsche bank and barclays about getting funding together for a bid for time warner. no guarantees that any bid will materialize, but charter is backed by media and he's talked previously about the desperate need for more consolidation. so if they get the funding, there may be another tilt at twc before the end of the reayear. >> so tell me about hydro again fuel celled vehi

steve sedgwick live for us in london. good morning, steve. >> hey, good to see you today. the dow and s&p were up a smidgen, but we saw falling heavily. the long-running s.e.c. saga looks to be drawing to an end. steven cohen's group has pled guilty to a host of charges. it will pay fines and forfeitures around $1.8 billion and will no longer manage money for outsiders. the war of words, though, between the u.s. attorney in manhattan and mr. cohen goes on. he's basically saying it was a handful of men who pleaded guilty and whose conduct gave rise to sac's liability. the manhattan attorney for his part says substantial and pervasive insider trading was going on on a scale without preceden precedence. the war of words continues. >> it's a huge number, but no individual guilt. on twitter, a pew research center poll looked at not only how we use twitter, but who uses twitter, and it's pretty interesting. >> yeah, it is. and it's very interesting for the likes of you, who is a news man who tweets as well. 18 to 29-year-olds are the biggest grouping of people who use twitter an