that was all ibm. you know, when finally ibm's grip started to -- when they started to lose grip on things, these industries became their own industry. so one thing we should be looking for, are there these places where one industry is sitting in a big shadow, like a tree, where all these industry that are like cottage industries or just little, you know, they are not quite growing the way you think, if the tree is either weakened or if it splits up, you know, what will grow in its place? exact same thing with at&t, you know, the modem, answering machine industries, these tiny kind of hacker or partially illegal cottage industries, and then they grew. so you're kind of looking for these opportunities where you see a shadow might be blocking the emergence of smaller industries and that's what an enforcer should be looking for and i can talk more about the legal standards, but i'll stop there. >> those two big cases, at&t and ibm. i'm old enough, i was there for those. my law professor for antitrust at s

is ibm behind? >> not at all. focus is very much helping an enterprise achieve success having enterprises deploy ai, whether it is customer service, discovery, reading, etc. we're not focused on just the assistance world. there is a lot of value on those. however that is a different , world of trying to help the individual consumer. our role is to help enterprises and governments deploy these technologies to help their employees, their clients and , citizens. emily: when are we going to see a real breakthrough in how watson helps me, essentially? >> if i look at what watson is helping in oncology, over 30,000 patients served, helping doctors across asia and africa make better decisions. in 30% of the time, it finds a better protocol or something a doctor might have overseen. i think those are all real examples of how it is helping behind the scenes. emily: some of my conversation with arvind krishna, senior vice president and director of ibm research. coming up, ai in the workforce. how one startup is using artifi

we will discuss with ibm researchers -- the director of ibm research.loomberg tech is live streaming on twitter. check us out and be sure to follow our global breaking news technology -- network on twitter. ♪ tter. ♪ >> one of the claims made was that people should choose how to spend their money. i would like to offer a different view. emily: that was ibm's project debater giving a rebuttal monday. the robot held its own during two short debates and had some success, showing how did apple -- how adaptable this technology has become. the audience says the robot scored better on human debaters than enriching knowledge, but human debaters scored better on delivery, perhaps because the robot sounded like a robot. we caught up with arvind krishna, ibm's senior vice president and director of research. i asked what great he would give if it was a high school student. >> i would give it a high school grade. may be in the middle of high school and it is going to graduate high school and college right after that. emily: project debater cracked a joke or two, but

>> the biggest opportunity that we've been seeing for a long time is ibm. >> ibm >> if you combine atrong company with good valuation, ibm is where you want to be. what makes ibm so attractive is it watson machine learning ai something more fundamental about their consulting business? >> ibm's assets are good assets in cybersecurity, ai, cloud, a number of other technologies execution has been particularly poor if they can get execution right, then i think they're a turnaround >> when you look at ibm's business and then the newer companies, the amazons of this world, investing in things like blockchain, machine learning -- >> we are positive on amazon and on microsoft less positive on facebook and google because of regulatory concerns ibm is where we see the most value. >> let's talk about that here we are in london. facebook and google. european regulators, and microsoft found this out about 15 years ago european regulators have always been tougher and dropped the hammer more than the u.s. counterports facebook and google under juteny do you think the regulatory environment and the

is the ibm technology based on our ibm cloud.g existing out of the box ai services that can be combined to build such a great solution. emily: so, why haven't ibm's ai products in general lived up to the hype, in a way? matthias: i think we are quite living up to the hype, in my opinion. and it really depends always on how much you train the system and how good you train the system. and we started with the project simon in 2016, working together with airbus and also the german space agency to make simon happen, actually. and we trained them quite a lot and that is why it is very good system right now. emily: matthias biniok of ibm, we will leave it there. thank you so much for joining us. we will be right back. ♪ be right back. ♪ ♪ emily: let's return will more time to our top story. amazon buying online pharmacy startup pillpack for $1 billion. the acquisition will give the e-commerce giant in nationwide drug network and bring into direct competition with traditional pharmacy chains, including walgreens and cvs. we are joined by

this is the ibm blockchain, built for smarter business.lt to run on the ibm cloud. >>> welcome back to be "fast money," retailve been the on a tear, the retail atf xrt jumping nearly 8% the past month alone. let's get to bob at the new york stock exchange hi, bob. >> hello, meliss r on a pair at the moment thspider s&p 500 etf is up, on pace for its third positive session in a row retailers along with tech lead the new high list with macy's, cole's, ralph lauren it's up 7% since early may so what's going on we've got positive commentary on the earnings front, traffic picked up considerably once the weather improved we heard this from dollar tree, we heard in from american eagle, we heard it from gap, williams-sonoma, target, kohl's, tjt should transte int meanin top-line growth there was talk of less promotional activity so it was great earnings the short interest, we'll get new numbers for the past weeks very shortly but it's likely short interest has declined on the better commentary. the way to look at this is by the days to cover. how

robot developed by ibm called simon.he floating basketball in space will be with 15 astronauts aboard the international space station. while a.i. may be floating in space on orders -- on earth there have been more concerning uses of the technology. yes, it can be used for fun for is,ding out tweets and emoj but when it comes to using facial recognition, there is a problem. available software for microsoft misidentifying darker skinned females at a higher rate than any other group. according to an m.i.t. study, that group is misidentified 35% of the time. darker skinned men, 12% of the time. a huge problem. to discuss, we are by the ceo of the facial recognition company chyros. he joins us from miami. also with me in the studio we have a reporter writing about this for bloomberg. i want to start with you. you have a fascinating story. a soonish you are getting ready your own technology coming realized it would not work on your own face. >> imagine a child is not know who you are, that is how it felt, unsettling. emily: wh

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.he ibm blockchain, built for smarter business. but as it grew bigger and bigger,ness. it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. what's in your wallet? and we're committed to improving every ride. starting with features designed to make it easy for your driver to find you. taking the stress out of pickups. and we're putting safety at the heart of everything we do. with a single tap, we're giving you new ways to let loved ones know you're on your way. uber has new leadership, a new vision and is moving in a new direction... forward. alicewhich is breast canceratic that has spread to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor-positive her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at delaying

this is the ibm blockchain, built for smarter business. ibm cloud.is the ibm blockchain, built for smarter business. wearing powerful sunscreen? yes! neutrogena® ultra sheer. unbeatable protection helps prevent early skin aging and skin cancer with a clean feel. the best for your skin. ultra sheer®. neutrogena®. i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8yees... feel like 50? how can i share new plans virtually? how can i download an e-file? virtual tours? zip-file? really big files? in seconds, not minutes... just like that. like everything... the answer is simple. i'll do what i've always done... dream more, dream faster, and above all... now, i'll dream gig. now more businesses, in more places, can afford to dream gig. comcast, building america's largest gig-speed network. where we're changing withs? contemporary make-overs. with a double palm grab. wer ndake, the upper hander who has the upper hand now? start winning today. book now at lq.com. >>> new mexico making good on its trade threat, a

ibm said the debate was in no way scripted or planned.that the human may have delivered the argument better but the machine shared more useful knowledge. so, noa, what was it like debating a machine instead of human? it was surprising how similar the two experiences were. so i think that it was basically at the level of what i would call an above average beginner debater. it was incredibly cool to see just how fluent it was in constructing arguments and constructing sentences and in, like, meaningfully responding to my argumentation. it was a mind—blowing experience. the progress here isn't in the way this machine speaks but rather, how it thinks. ibm says the computer's able to scan hundreds of millions of articles and documents and pull out the arguments in order to formulate its response. project debater is about mastering language and language is nuanced and in this case, also, there is no particular right or wrong. in many games, in many other things, there is a right answer. so in the terminology we use, there is an objective functi

the ibm cloud. the cloud for smarter business. the ibm cloud.ven to protect street skaters and freestylers. stops up to 97% uv. lasts through heat. through sweat. coppertone. proven to protect. >>> stormy daniels' attorney michael avenatti filed a new lawsuit. the lawsuit alleges the president knew about it. from between january of march of this year. this is from michael cohen trying to get miss daniels to get on television and deny. quote, i have her tentatively scheduled for hannity tonight. call me after your trial. >> she cannot. i am trying to get her to commit for tomorrow. with me now, michael avenatti. i want to read one other exchange. michael cohen writes to davidson quote, let's forget tonight, they would rather tomorrow so they can promote the heck out of the story. don't think it is smart for her to to do any interviews. >> you say they were essentially working together. but don't lawyers often communicate even if they are on opposite sides. >> you are right. but they are not supposed to be working together when they are supposed t

the ibm cloud. the cloud for smarter business. the ibm cloud.expedia you could book a flight, hotel, car and activity all in one place. ♪ when you combine ancestry's with its historical records... you could learn you're from ireland donegal, ireland and your ancestor was a fisherman. with blue eyes. just like you. begin your journey at ancestry.com by staying in rhythm. and to keep up this pace, i drink boost optimum. boost optimum with 5 in 1 advanced nutrition helps support muscle, energy, bone, normal immune function, and vision. boost optimum. be up for life. if you have moderate to severe plaque psoriasis, little things can be a big deal. that's why there's otezla. otezla is not an injection or a cream. it's a pill that treats psoriasis differently. with otezla, 75% clearer skin is achievable after just 4 months, ... with reduced redness, thickness, and scaliness of plaques. and the otezla prescribing information has no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea,

the ibm cloud. the cloud for smarter business. the ibm cloud. if you have moderate to severe or psoriatic arthritis, little things can be a big deal. that's why there's otezla. otezla is not an injection or a cream. it's a pill that treats differently. for psoriasis, 75% clearer skin is achievable with reduced redness, thickness, and scaliness of plaques. and for psoriatic arthritis, otezla is proven to reduce joint swelling, tenderness, and pain. and the otezla prescribing information has no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your doctor if these occur. otezla is associated with an increased risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. other side effects include upper respiratory tract infection and headache. tell your doctor about all the medicines you

this is the ibm cloud.loud is the cloud for smarter business. ♪ ♪ i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? how can i share new plans virtually? how can i download an e-file? virtual tours? zip-file? really big files? in seconds, not minutes... just like that. like everything... the answer is simple. i'll do what i've always done... dream more, dream faster, and above all... now, i'll dream gig. now more businesses, in more places, can afford to dream gig. comcast, building america's largest gig-speed network. at&t provides edge-to-edge intelligence, covering virtually every part of your manufacturing business. & so this won't happen. because you've made sure this sensor and this machine are integrated. & she can talk to him, & yes... atta, boy. some peoplsign genders to machines. and you can be sure you won't have any problems. except for the daily theft of your danish. not cool! at&t provides edge to edge intelligence. it

the ibm cloud. the cloud for smarter business. the ibm cloud. ugh, no bars.omebody needs a new network. when i got this unlimited plan they told me they were all the same. i was just trying to save a few bucks. verizon has the largest, most-reliable 4g lte network in america. it's basically made for places like this. honey, what if it was just us out here? yeah well, i guess, uh, didn't think about that. verizon did. so, i ordered you a car. thank you. you don't wanna be out here at night 'cause of the coyotes. bye! (vo) unlimited is only as good as the network it's on. go with the best. starting at $40 a line for four lines. (baby crying) ♪ fly ♪ me to the moon (elegant music) ♪ and let me play (bell rings) . and the promise of more to come. two have appeared on the "apprentice" and all three have committed crimes team trump might be charged with. president trump pardoned di necessa dinesh d'souza. he said he was also thinking about pardons martha stewart. cnn's gjim acosta joins us now.

there's also sequoia another ibm product in the bay area. much is because of the proximity the servers need to be close to each other, all the components and ppus, all of the nodes and semikpu semiconductors have to be close together and tied up that's why it's in one facility, but, again, the way technology is evolving, this would be outdated in the next year, and the department of energy says they have contracts out to build the next super computer. they are already seeing the obsoleteness of this one here, guys >> fascinating g thank you very much. >> still to come, this tech giant climbed 40% the past year heading towards $1 trillion. the stock and what an analyst is saying could get it over the all-important milestone. > e umadniraon telling court it will not defend key provisions of obamacare, the affordable care act. those details when we come back. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would save a lot of lives if we could bring the doctor to the patient. verizon is

ibm blockchain. smart way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ (vo) imagine a visibly healthin 28 days. purina one. natural ingredients, plus vitamins and minerals in powerful combinations. for radiant coats, sparkling eyes, and vibrant energy. purina one. 28 days. one visibly healthy pet. better things than rheumatoid arthritis. before you and your rheumatologist move to another treatment, ask if xeljanz xr is right for you. xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well enough it can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts, and higher liver tests and cholesterol l

ibm blockchain. a smart way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ until her laptop her sacrashed this morning.eks, having it problems? ask a business advisor how to get on demand tech support for as little as $15 a month. this week get boise case paper for only $29.99 at office depot office max. so if you have heart failure, your heart doesn't only belong to you. ask your doctor about entresto. it helped keep people alive and out of the hospital. don't take entresto if pregnant. it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. entresto, for heart failure. prepare for your demise, do your worst, doctor. i will. but first, a little presentation. hijacking earth's geothermal energy supply. phase 1. choosing the right dri

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.s is the ibm blockchain, built for smarter business. if you have moderate to severe or psoriatic arthritis, little things can be a big deal. that's why there's otezla. otezla is not an injection or a cream. it's a pill that treats differently. for psoriasis, 75% clearer skin is achievable with reduced redness, thickness, and scaliness of plaques. and for psoriatic arthritis, otezla is proven to reduce joint swelling, tenderness, and pain. and the otezla prescribing information has no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your doctor if these occur. otezla is associated with an increased risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. other side effects include upper respiratory tract infection and hea

ibm is a buy based on the cloud business >> time for the "final trade." >> it is a friday. >> brian. >> you know early in the show, guy mentioned micron and he convinced me >> sam >> the snap chat looks like it is going to fill in the earnings gap. >> people at home don't see it carter was upset and he was upset when he walked away. everyday we -- >> he's not upset and he's over there laughing with mike >> anyway. >> well, i missed him at the desk it was nice because i was curious of what he had to say. xilinx, that should not be trading and should be higher >> that does it for us here on "fast," see you back here on 5:00 don't move away. "options action" starts right after this (baby crying) (slow jazz music) ♪ fly me to the moon ♪ and let me play (bell ring) >>> we are live on a friday afternoon. the guys are getting ready behind me. why they are doing that, this is what's coming up on the show >> jack is back with shares about twitter and square are searching. plus, biotech is breaking out. it could spend the space higher. we'll tell you how to profit for less and --

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.he ibm blockchain, built for smarter business. i've got to tell you something it's not going to be easy. quicksilver earns you unlimited 1.5% cash back on every purchase, everywhere. actually, that's super easy. my bad. >> shannon: there is a battle brewing tonight in northern ohio as shannon: a battle brewing in northern ohio. activist community leaders mobilized to provide legal aid to 1400 and document it immigrants during a nice rate on a garden center earlier this week. the sting operation refocused on the trumpet ministration's allow to crackdown on illegal immigration. >> reporter: a massive ice operation in sandusky, ohio, on the shores of lake erie. 14 illegal immigrants taken into custody worked in two locations of the same flower garden company. it began with an inspection of the company's employee records where immigration and customs enforcement agents found well over 100 of the documents were suspicious and many of the illegal immigrants taken into custody could face char

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.s is the ibm blockchain, built for smarter business. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com this one's below market price and has bluetooth. same here, but this one has leather seats! use the cars.com app to compare price, features and value. so let's promote our summer travel deal on choicehotels.com like this. surfs up. earn a $50 gift card when you stay just twice this summer. or, badda book. badda boom. book now at choicehotels.com >>> keeping them honest with a cour victory. today the supreme court ruled 5-4 to uphold the travel ban, at least the third version. waterered down, that is from the initial goal, goal he made crystal clear before he was ele

ibm blockchain.way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. and now for the rings. (♪) i'm a four-year-old ring bearer with a bad habit of swallowing stuff. still won't eat my broccoli, though. and if you don't have the right overage, you could be paying for that pricey love band yourself. so get an allstate agent, and be better protected from mayhem. like me. can a ring bearer get a snack around here? it's these new fresh-fx car air fresheners from armor all. each scent can create a different mood in my car. like tranquil skies. armor all, it's easy to smell good. by stay

this is the ibm cloud. the ibm cloud is the cloud for smarter business. ♪ ♪ liz: let's get to that strong jobs report the u.s. adding 223,000 jobs in may, unemployment dropping to 3.8% that is the second time it had tipped that low in half a century the last time that happened was in the year 2000 and way back when lbj was in office back in 1969. now the all-in unemployment rate including part-timers dropping to 7.6%, that is the lowest in 17 years, wages rising 2.7% year-over-year and look at this, african american unemployment now at 5.9% that's a historic low the lowest ever on record, democrat consultant doug showen, says that number is a headache for democrats big game changer for trump and the gop tax cuts not even factored into all of this let's bring into national taxpayer's union senior fellow maddie dupler. you know the other stunning number giving democrats headaches, maddie 25 6,000 manufacturing jobs over last year, so that's also a headache for democrats so what's working here? what's behind a

the ibm cloud is the cloud for smarter business. secure to the core. i think, keep going, and make a difference. going to be able to beat als. because life is amazing. so i am hoping for a cure. i want this, to uh, to be a reality. um, yeah. money managers are pretty much the same. all but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. [♪] maria: welcome back. i continue our conversation with former chrysler and home debow ceo, back nardelli. he was also a stop executive at general electric for more than 30 years. talk to us about general electric. it's really hard for someone has worked for ge myself. it's hard to watch ge at the price it is and the smaller company it is versus what it was. >> it's heartbreaking to see what happened to this legend

. ♪ ♪ the ibm cloud. the cloud for smarter business. the ibm cloud. your demise, do your worst, doctor. i will. but tle pres hijacking earth's geothermal energy supply. phase 1. choosing the right drill bit. as long as evil villains reveal their plans, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. >>> days after a key white house talking point, a new line emerged from the president's attorney. it is a false hood on top of another falsehood namely that president trump had very little to drafting the false statement about what transpired een hi son-in-law and the campaign manager and the russians. he jay sekulow which is what we will call narrative number one. the president did not write or dictate the statement about the meeting on air force one. >> that was written about donald trump jr. and i am sure with in consultation with his lawyer. that wasn't written b president. the president did not sign on anything. the statement that was released on saturday was released by donald trump

the ibm cloud. the cloud for smartesiness.ud. ♪ ♪ because they'll never get a nd chance to see their first concert. early ticket access to thousands of shows every year. another way we have your back. the powerful backing of american express. don't live life without . proven to protect street skaters and freestylers. stops up to 97% uv. lasts through heat. through sweat. coppertone. proven to protect. directv now gives you more for your thing. get all the good stuff about tv without all the bad stuff. yes! you can still stream your favorite shows. yes! with no annual contract. wait, what? it's live tv. yes! with no satellites. what? and no bulky hardware. no bulky hardware! isn't that great news? yes! nooooo! nooooooooooo! try directv now for $10 a month for 3 months. more fovisit directvnow.com our thing. those we love is an act of mutuality. we can help with the financial ones. learn more or find an advisor at massmutual.com and with twice the detail of other tests... ...it can show dad where he's from give dad ancestrydna f

the ibm cloud. the cloud for smarter business. the ibm cloud.the more you know theme, commute is worth it. for all the work you pour into this place, you sure get a lot more out of it. you and that john deere tractor... so versatile, you can keep dreaming up projects all the way home. it's a longer drive. but just like a john deere, it's worth it. nothing runs like a deere. now you can own a 1e sub-compact tractor for just 99 dollars a month. learn more at your john deere dealer. if you have a garden, you know... weeds are low-down little scoundrels. draw the line with roundup. the sure shot wand extends with a protective shield and target weeds more precisely, right down to the root. roundup. trusted for over 40 years. you finished preparing overhim for college.rs, in 24 hours, you'll send him off thinking you've done everything for his well-being. but meningitis b progresses quickly and can be fatal, sometimes within 24 hours. while meningitis b is uncommon, about 1 in 10 infected will die. like millions of others, your teen may not be vaccina

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.s is the ibm blockchain, built for smarter business. with tough food, your dentures may slip and fall. new fixodent ultra-max hold gives you the strongest hold ever to lock your dentures. so now you can eat tough food without worry. fixodent and forget it. (barry murrey) when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would save a lot of lives if we could bring the doctor to the patient. verizon is racing to build the first and most powerful 5g network that will enable things like precision robotic surgery from thousands of miles away as we get faster wireless connections, it'll be possible to be able to operate on a patient in a way that was just not possible before. when i move my hand, the robot on the other side will mimic the movement, with almost no delay. who knew a sc

. ♪ ♪ the ibm cloud. >>> you see a landscape absolutely untouched by time. if you were hypothetically speaking put gla sher ice in your scotch, it is bright blue. and this ice is tens of thousands of years oler than even the concept of scotch. >> talking about antarctica. tonight we remember our friend anthony bourdain. suicide is on the rise according to a new cdc report increasing 25% from 1999 to 2016. in 2016, 44,000 lives have been lost. joining me now is chief medical officer of american foundation for chief suicide. tony's mom told "the new york times" he is the last person in the world i would dream he would doing something like this. told his mom that tony had been a dark mood. for people out there who are suffering or know people who are suffering, what are signs and what can they do? >> there are so much we can do if we understand that mental health is real and dynamic and just as much a part of our life as our physical life is. if you are noticing changes are going on in your sleep, mood, and

ibm blockchain.ay to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ that big may jobs report coming out in a few hours joining us to break it down, danielle dimartino booth what is the big number we need to be watching for >> i'll watch to see what we're seeing in mooanufacturing, construction, trucking those are the three hottest industries now we've had a major supply chain disruption, exacerbated by the trade war talk you've been talking about. i'll be looking at those areas to see if the labor grab continues, which follows up again all of these supply chain disruptions. it's interesting i've been following pretty closely in the adp data services and service hiring is at the weakest point, dom, since last september. if you peer into the challenger layoff data, hiring intentions have gone from 440,000 in 2017 to 220,000 so there are major undercurrents underneath this industrial labor grab we've been seeing i'll be paying close atte

so, four years ago, when we started our work, ibm had the power nine processors. the gpus but we had to invent things, as an example, to take all this data in, we have the fastest ability to interconnect these things together, and think of it as the hose that brings all of the data in. >> reporter: now, secretary, we've tossed around words like fastest, most powerful, most complex. that implies that there is competition, and we know that there is and like the other big thing that's happening right now, this is about us versus china, the two biggest economies in the world and the two most arguably technologically superior out there. so what does the u.s. have to do with this kind of technology that positions us competitively against a country like china how do we win and what does it mean for americans >> american citizens want to see their tax dollars being spent appropriately. there's not a better example of that in a public-private partnership between the d.o.e. and these two great private sector partners and the product that we're getting here. this competition

the ibm cloud. the cloud for smarter business.bm cloud. until her laptop crashed this her salon wasmorning.for weeks, having it problems? ask a business advisor how to get on demand tech support for as little as $15 a month. get your coupon for 20% off supplies, technology and furniture at office depot office max. so i'm not happyhanic in the corps, unless my hands are dirty. betwn running a business and four kids, we're busy. knowing that usaa will always have my back... that just lessou have to worry about. we are the cochran family, and we'll be usaa members for life. ♪ ♪ legendary jockey vÍctor espinoza is insatiable when it comes to competing. ♪ ♪ so is his horse. ♪ ♪ when it comes to snacking. ♪ ♪ ♪ ♪ that's why he uses the chase mobile app, to pay practically anyone, at any bank. life, lived victor's way. chase. make more of what's yours. >>> breaking news tonight. president trump back at war with the nfl with the white house accusing the championship philadelphia eagles of a canceled the invitation to the executive mansion

ibm blockchain.k every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ here's the story of green mountain coffee roasters sumatra reserve. let's go to sumatra. the coffee here is amazing. because the volcanic soil is amazing. so we give farmers like win more plants. to grow more delicious coffee. which helps provide for win's family. all, for a smoother tasting cup of coffee. green mountain coffee roasters. and it's also a story mail aabout people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? how can i share new plans virtually? how can i download an e-file? virtual tours? zip-file? really big files? in seconds, not minutes... just like that. like everything... the answer is simple.

ibm blockchain.rt way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ >>> good morning welcome to a special edition of "squawk box. it would be a big day if we only had an interview with warren buffett. but today we have buffett, one of the most famous investors with jpmorgan's ceo jamie dimon, one of the world's most powerful banker. >> i believe this is the first time you have ever done a tv interview together. >> i'm thrilled to be with you, becky and warren. >> it's a "squawk box" exclusive and it all starts right now. ♪ >> live in new york where business never sleeps this is "squawk box. >> good morning, everybody welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick. our guest host for the hour is steve grasso, a director of institutional sales at stewart frankel and steve thank you for being here. >> good morning. thank you for having me. >> we'll talk about short termis

the ibm cloud. the cloud for smarter business. the ibm cloud. it's pretty amazing out there. world is full of more possibilities than ever before. and american express has your back every step of the way- whether it's the comfort of knowing help is just a call away with global assist. or getting financing to fund your business. no one has your back like american express. so where ever you go. we're right there with you. the powerful backing of american express. don't do business without it. don't live life without it. feeclaritin and relief fromwsy symptoms caused by over 200 allergens. like those from buddy. because stuffed animals are clearly no substitute for real ones. feel the clarity. and live claritin clear. sometimes a day at the ballpark is more than just a day at the ballpark. [park announcer] all military members stand and be recognized. sometimes fans cheer for those who wear a different uniform. no matter where or when you served, t-mobile stands ready to serve you. that's why we're providing half off family lines to all military. >>> the trump administration tod

the ibm cloud. the cloud for smarter business. the ibm cloud.ow the friends of our friends.r the friends. and we found others just like us. and just like that we felt a little less alone. but then something happened. we had to deal with spam, fake news, and data misuse. that's going to change. from now on, facebook will do more to keep you safe and protect your privacy. because when this place does what it was built for, then we all get a little closer. (cat 1(cat 2) smell that? (cat 1) gravy! (cat 2) that's not gravy, that's extra gravy. (cat 1) whoa! (cat 2) that's new friskies extra gravy! paté and chunky! (cat 1) gravy purr-adise. (cat 2) purr-adise? really? (vo) feed their fantasy. friskies. i'm about to start the hair, skin and nails challenge. so my future self will thank me. thank you. i become a model? yes. no. start the challenge today. and try new tropical citrus flavor with collagen. nature's bounty. >>> starting with game 3 of the nba finals. down two games to none, the cavs look to get a win in their series on their home court and

ibm blockchain.ery step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ it's dead again. i need a new phone. and you deserve that new phone on the best network. verizon. oh, we're going? sure-- ehh, not my thing. (vo) now get up to 50% off our best phones. like the samsung galaxy s9 and google pixel 2. only on verizon. ...to give you the protein you need with less of the sugar you don't. i'll take that. [cheers] 30 grams of protein and 1 gram of sugar. new ensure max protein. in two great flavors. you need our most gentle blend. new oat delicacy by whole blends. blended with oat milk and rice cream extracts. whole blends doesn't strip hair. it moisturizes without the weigh down. only from whole blends. find every blend at walmart garnier. find every blend at walmart find thenah.ote yet? honey look, your old portable cd player. hh scolethaer. oh don't... it's early 90s sitcom star dave coulier... cut...it...out! [laughing] what year is it? as long as st

the ibm cloud is the cloud for smarter business.xplore tool shows you the places you can fly on your budget. so you can be confident you're getting the most bang for your buck. alo-ha. kayak. search one and done. >>> we are back, it is time for "final trade." stepe, ladies first. >> thank you >> i like the industry, it is acting a lot better. this is trending at ten times, free port-mcmoran. >> didn't you say stephanie link was not buying anything related to copper this and other things? >> i am on some ugly stuff >> i was misinformed >> fake news >> jim cramer talked about macy's e see macy's today >> yes, we did >> how about gap, kohl's is my final trade. retail is making a turn here clearly. the apocalypse we feared many months ago, we can put it behind us >> mr. wonderful >> patel been a lot of pain for shareholders for a while mattel there is so mu opportunityo put these two things together. there will be no regulatory issues in my view. >> john. >> this is one that we talked about, nektar, stocks fell 50% it was slaughtered to

. ♪ ♪ the ibm cloud. the cloud for smarter business. the ibm cloud.eep going, and make a difference. at some point, we are going to be able to beat als. because life is amazing. so i am hoping for a cure. i want this, to uh, to be a reality. um, yeah. >>> welcome back, everybody. mike pompeo was in seoul, south korea just hours ago giving a personal briefing to moon jae in on the developments which pompeo says will move forward quickly. pompeo agreed the objective is for major disarmment before the end of president trump's first term about two and a half years from now. but pompeo balked when asked for details about president trump's claim there will be verifiable denuclearization. from the transcript the reporter said quote, the president said it will be verified. pompeo said this. of course it will. asked, can you tell us a little bit more? pompeo said of course it will. pou pompeo replied i find that question insultdiing and ludicrous. >>. >> president trump is declaring the press the biggest enemy but americans don't necessarily see it that way. a

and make adjustments on the fly. ♪ ♪ the ibm cloud. the cloud for smarter business. the ibm cloud.i have to wear a giant hot dog suit. what? where's that coming from? i don't know. i started my 401k early, i diversified... i'm not a big spender. sounds like you're doing a lot. but i still feel like i'm not gonna have enough for retirement. like there's something else i should be doing. with the right conversation, you might find you're doing okay. so, no hot dog suit? not unless you want to. no. schedule a complimentary goal planning session today with td ameritrade®. >>> in case you missed it, i hope you know if it's sunday it's meet the press. we don't want you to miss it this sunday. we talk about the crisis on the bore doctor, the president's playing games and what it means for the mid terms. exclusive speaker vaus with angus lane and the senator from oklahoma. don't miss it. we will go deep into this issue. we will be back monday with more "mtp daily." the beat with ari melber starts right now. i hope they are ready to go. >> thanks to chuck todd there. i want to mention that

ibm blockchain.ack every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ most people come to la with big dreams. ♪ we came with big appetites. with expedia, you can book a flight, hotel, car, and activity... all in one place. ♪ everything you need to go. ♪ expedia® >> breaking news right now, we are awaiting a big meeting between president trump and canadian prime minister justin trudeau at the g7 summit. what do you think? how's it going to go? >> i think all of these euros are going against the tide of history. most europeans are more anti-bureaucrat, anti-euro than their leaders. the elections that have come up seem to be pushing out the whole idea that europe is better if run by the bureaucrats than individuals. >> i think the president talks real tough and slapping on the sanctions before the meeting and goes into the meeting, charms the pants off of everybody and they leave. >> there you go. "the evening edit" starts right now. have a great

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.is the ibm blockchain, built for smarter business. where in all of this is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you partner with a firm that combines trusted, personal advice with the cutting edge tools and insights to help you not only see your potential, but live it too. morgan stanley. >>> time for a final trades. >> yesterday you saw stock down 6% because of ad pricing. >> and stick with momentum >> and fdx, bought it. >> still in service now. >> everybody have a great weekend. see you yyou monday >>> i'm melissa lee. bracing for a trade war, president trump slapping china with massive tariffs on up to $50 billion worth of goods china says it will retaliate is getting tough on trade the right move plus the president also holding an impromptu news conference waring in on trade, ig report and immigration. and plus another key departure at the white house and sealing the deal for time warner and the ball now in disney's cou

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.he ibm blockchain, built for smarter business. 3 toddlers won't stop him.. and neither will lower back pain. because at a dr. scholl's kiosk he got a recommendation for our custom fit orthotic to relieve his foot, knee, or lower back pain, from being on his feet. dr. scholl's. born to move. same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch. it'll just be another chapter in the story. every scar tells a story, and you can tell a lot more stories when your truck is a chevy silverado. the most dependable, longest-lasting, full-size pickups on the road. >> shannon: there is a battle brewing tonight in northern ohio as activists, community leaders, and lawyers mobilize to provide legal aid to 114

ibm blockchain. a smart way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ the full value of your new car? you're better off throwing your money right into the harbor. i'm gonna regret that. with new car replacement, if your brand new car gets totaled, liberty mutual will pay the entire value plus depreciation. liberty stands with you. liberty mutual insurance. and it's time to get outside. pack in even more adventure with audible. with the largest selection of audiobooks. audible lets you follow plot twists off the beaten track. or discover magic when you hit the open road. with the free audible app, your stories go wherever you do. and for just $14.95 a month you get a credit, good for any audiobook. if you don't like it exchange it any time. no questions asked. you can also roll your credits to the next month if you don't use them. so take audible with you this summer... on the road... on the trail... or to the beach. start a 30

this is the ibm cloud. cloud is the cloud for smarter business. ♪ ♪ at crowne plaza, we know business travel isn't just business. there's this. a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. crowne plaza. that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. (sighs) i hate missing out missing out after hours. not anymore, td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to the "closing bell, everyone, i'm sue with breaking news, all too familiar scene, again, we have reports of an

this is the ibm cloud.bm cloud is the cloud for smarter business. ♪ ♪ >>> welcome back to the "closing bell," 15 minutes left of trade, a look at the individual stocks to watch today, first up, carmax, our mystery stock we teased earlier company trading at all-time highs dating back to the february 1997 ipo. this is on the heels of an earnings and revenue beat this morning, stock's up 13%. >> i wonder if they sell the new blazers. >> the website having a look for a range rover sport. >> oh, gosh. >> the other thing that's interesting is why people buy a used car outright -- >> the maintenance for these, the range rovers and land rovers, the transmissions on those things >> financing deals in the u.s. versus europe for a used car is attractive, it's, like, why bother >> what's that cost in the u.k.? >> i don't know because i'm not an expert on chevrolets, but - >> why looking at the traverse >> looking for a range rover, but it did not come up, and i got sent to the 2015 model of the traverse >> carmax, take

microsoft, ibm don't go anywhere.e selloff when "power lunch" returns in two >>> a big down day on wall street as trade tensions hit investor confidence. the dow and the s&p 500 now negative for the month of june dow's on track for its lowest close since early may and it's broken through its key 200-day moving average volatility jumping with the fear index at a two-month high. let's bring in michael, chief investment officer and bruce, chief investment strategist. the loss of leadership groups from technology and financials, what does that say to you? >> well, you know, we're looking at -- and i don't mean to make these sort of all about today's market action and i think this is something we've been thinking about for a while. the trade tariffs are very clearly targeted at the supply chain in technology and industrials and we've been pondering for a long time this two-year sort of large gap growth technology nasdaq leadership that has been really sort of super charge fwd by the f.a.n.g. stocks and this feels like it c

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud.s is the ibm blockchain, built for smarter business. that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. with pg&e in the sierras. and i'm an arborist since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. what guides me is ensuring that the public is going to be safer and that these forests can be sustained and enjoyed by the community in the future. >>> trader blitz first up, mgm resorts downgraded to neutral >> joe >> so far, year to date, the stock is down 12%. casino and gaming is down 3.6%, it's been an underperformer. going