joining us now for a first on cnbc interview is bob swan, the chief financial officer of intel.orning. >> good morning, how are you today? >> well, not as good as your stock is doing, but i'm doing fine up 20%, cloud in particular up 35, outstripping the enterprise growth for data center but the next quarter, the current quarter you're expecting to be a little bit more normal, particularly because of the strong enterprise performance in q4, explain why. >> yeah. i think there's a couple things, jon, on the first quarter. again, outstanding to last year fourth quarter great, full year outstanding, record year for the company. and our guidance for 2018 really projects another outstanding year, another record year for intel. in the first quarter, our revenue is basically in line with historical seasonal from q4 to q1. so we're basically in line, a couple things about the fourth quarter. extremely strong enterprise sales and our psg business -- or spga business was up 35% we don't think the enterprise of the psg growth rates at that level are sustainable. but nonetheless, we're goin

emily: that was intel cfo bob swan is speaking to our editor at large, corey johnson.illion are michael dell reconsidering the future direction of his company. we discussed the next step for dell. if you have a bloomberg terminal, check out tv . you can watch us online, click on graphics. on yourto tv terminal. you can also contact us on twitter. check out tick-tock by bloomberg, the first 24 hour global news network streaming online on twitter. this is bloomberg. ♪ emily: google has until sunday to report how it is complying with the e.u.'s antitrust order. they pay penalties for antitrust practices. they said the auction ad space does not work because google wins most of the spots. they have to have a report about how they have given smaller competitors a fairer deal. four years after one of the largest leveraged -- dell is considering going public again. he spoke about the benefits of running a company back in 2016. >> a privately controlled company, your time horizon is very different. you reimagine your business, you think about your business in years and

vonnie quinn, thank you --bob swan, thank you for your time.t have been a very advanced 15-year-old. >> i was, downhill ever since. mark: time for the bloomberg business flash. the biggest business stories in the news. getting a boost from the luxury rebound in china, demand for their louis vuitton handbags and perfumes ahead in the holiday season with fourth quarter sales rising a better than expected 11%. lvmh shares rising on the news. fights broke out in supermarkets and france offering huge discounts on nutella. to --lashed the price from $5.85 to $1.75. the discount will last until tomorrow and many stores have run out so do not run over there. that is the latest bloomberg business flash. battle of the charts is next. a davos chart you do not want to miss. this is bloomberg. ♪ ♪ ourie: it is time for global battle of the charts. look at some of the most telling charts of the day and what they mean for investors. access these on the bloomberg by running the function featured at the bottom of your screen. it will be fun but the bar is high.

our bloomberg editor at large cory johnson caught up with intel cfo bob swan for insight on the resultsb: we feel great about the performance overall, and the data center business. growth accelerated off of strong third quarter. fundamentally, there is strength across the board. our cloud business was up 35%. our coms business was up 16%. our enterprise business, up 6%. -- up 11%. as you know, enterprise has been relatively slow growth. negative growth for a while. a strong seasonal quarter, outstanding performance and enterprise. we feel great about how we closed, and excited about 2018. cory: which business is growing faster, the enterprise business or the server business in the cloud farms, amazon web services, google cloud, you name it? bob: the good news is, they are all growing strong in the fourth quarter. again, the continuation of cloud growth in the mid-30's and the continuation of market share gains and the coms and infrastructure area has been relatively slow growth in the market, but it has been slow growth because we continue to gain shares. and the cloud infrastructure co

that is when jon fortt is going to be speaking to intel's cfo bob swan don't want to miss that.uickly, touching on western digital moving in the opposite direction here that stock was up 10% year to date heading into this report. down 6% over the past six months western digital, a solid b on the bottom line -- beat on the bottom line. bit of a beat on the top investors clearly disaount pointed the ceo talking in a statement about the strong operating cash flow. he talked about continued healthy demand in their end markets. ditz appointment there first quarter we are hearing from western digital since they ended the nasty legal fight with toshiba. that call is starting right now. backs to you. >> thank you josh lipton in san francisco. guy, your report >> intel is the report we talked about this at the beginning of the month it was unanimous across the desk the sell off off of that announcement was probably overdone talk aboutet going in front of a story. he did a good job. they had some flaws but did a good job they were right up front about it and this report proves the selloff

ceo bob swan is going to join us on ""squawk alley" " dow is up 90, most ll ll lly 3 d intel having theirnce october of 2015. the stock market is at an all-time high but what stocks are trading at extreme highs find out on trading nation more "squawk on the street" coming up. think your large cap equity fund has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp >>> markets having a good friday here a fresh record high. intel continues to contribute to the dow. continues to contribute to the dow. >> yeah, ge not a contributor falling below 16 as we pointed out yet again this morning all right. let's send it over to jon fortt now as we give you a look at the market there he'll give you a look at what's coming up on "squawk alley". >> we're going to have the chief financial officer live and talk about exactl

reporter ken dilanian, ari mel better, and former obama white house council bob bower and axios national political reporter jonathan swan. kristen, set the table, you were reporting on this last night. >> a source familiar with the matter confirmed the report that this past june, president trump ordered the firing of robert mueller, and that his council don mcgann refused even going so far as threatening to quit himself, that's really what blocked the president, the president was making the argument that there were all sorts of conflicts of interest, don mcgann was making the argument, if he were to take such a step, it bo be catastrophic for his presidency. publicly, president trump has denied that he ever thought about firing mueller he was asked about this a number of times. those close to him have publicly indicated otherwise including telling pbs the president was considering firing robert mueller. the president's legal team is having connotations right now about the size and scope of a potential interview with the president. the fact remains mueller remains on the job fp it underscores the extent to which this ent

swan outs with his new report. he joins me by phone. jonathan, this was long testimony that seemed to bobnd there were questions asked of steve bannon that his lawyer was checking whether he could answer with the white house, the white house was at some points telling him not to answer. tell me what the picture was in there. >> so, they walked into the room. this is from four sources with direct knowledge of the proceedings because obviously it was a closed door hearing. it was the house intelligence hearing and nobody had phones in the room. but they walked into the room, bannon's lawyer in his opening remarks said we will only answer questions about the campaign, nothing about the white house. or what happened on the transition. but what hasn't been reported and we just revealed is that bannon made one big slip-up. he answered one of their questions that related to his time in the white house. he admitted he had conversations with reince priebus, the former chief of staff, sean spicer, the former press secretary, and the legal spokesman, mark krel owe, about don junior and kushner's and

first of all audience listen to former ge executive bob nardelli what he told the network back in december. >> i hope that, you know, i hope the swan song here isn't push down 28,000 corporate people, put them into businesses, move them out, sell the final three, all of sudden ge goes the way of westinghouse, would be a terrible saga for a legacy company. >> bob was one of the guys was considered to run the company. jack welch actually picked immelt over both bob and jay mcinerney. charles: jack welch hand-picked immelt? i had the feeling they never got along or did that develop subsequently? >> that was a post immelt taking over story. no he picked him. he thought he was personification of the perfect ceo. good-looking ivy league guy. he was very good with politicians. charles: right. >> corporate boardroom. jack welch, here reality is this, jeff immelt was handed problems by the way, intractable problems. charles: a lot of major mistakes as well. he was there for over a decade. >> 16 years. charles: yeah. >> i'm saying that notion that jack welch handed him a pot of gold is not true. charles: he handed him the world's most valuab

swan. thank you both for being here with me tonight. really appreciate it. >>> clint, i want to start with you. as we are reading the tea leaves of where this investigation stands with bobller, what is your view about the direction where this is going? there's been a lot of speculation that he is fundamentally building an obstruction of justice case. is that how you see it, or is there still a collusion in play in a major way? >> [ inaudible ]. >> sorry, i don't think we can hear clint there. we're going to try to get him up and working. so, i will talk here a little bit. jonathan swan, the president called that new york times report fake news. what do you know about what unfolded in june between the president, his white house counsel, and what the president had to say about bob mueller? >> a source with direct knowledge tells me the report is true, the president was putting pressure on don mcgahn to fire robert mueller. what the source told me was that it perhaps wasn't quite so dramatic with the threat to resign. >> he didn't storm into the oval office? >> nothing like that. "the new york times" never said there was. my understanding is don mcgahn said to the chief of