it definitely costs more than a little bit of pocket change team all which is a shopping site and ali baba group it's looking to create event. machine for get this you can see right there luxury cars but they're not sold in a rinky dink the average dispenser no these cars will likely be stored in a garage like structure you can view on your smartphone of course well how does that work essential all you need to do is select the model you want pay a ten percent initial fee then pick up your car and off you go but don't get too wrapped up about your new ride this didn't happen in china but in the u.k. a new ferrari owner destroyed his two hundred sixty thousand dollars vehicle an hour after he purchased it so be careful when you're out driving this weekend if you're driving in your new ferrari i wish i were but that'll do it for us for now check out the show on youtube youtube dot com slash boom bust r t thanks for watching see you next time. here's what people have been saying about rejected in the sixty's full on. the only show i go out of my way to lunch you know a lot of the really packs

they are backed by the aly baba founder and will own 60% of massmutual asia while investors will ownhe rest. impetusof india-based has stepped down following a dispute with some of the founders good -- founders. he complained of false data and malicious attacks, which led to relentless criticism about him and will remain on the board as vice-chairman as their share prices fell 7.3%. >> a work on the lottery in the united states. >> the next growing for the powerball lottery is coming up this saturday night and the jackpot has risen to over half $1 billion since no one picked the winning numbers in the last rowing. the game is played in most u.s. states and in puerto rico and the u.s. virgin islands with the auto matching all six numbers are about one in 2 293 million. >> high-stakes, thank you. time for the press review. ♪ by florence.d incidence that took place in spain is grabbing the headlines. , keep inanish papers mind that the media in spain is known for being quite graphic, more graphic for the media and -- then he median france and other european countries. a m paper, terror

. >>> a couple days ago, ali baba became the latest tech company to offer voice assistance, they call it genie. for now, it only understands mandarin. the echo, created the category. brands are desperate to get into your alexa and sell you stuff. can they do that without anowing the hell out of us? >> steve hammond works with adobe, helping brands capture our attention. i know some people still out there will say the photo shop people? why is the photo shop guy talking about marketing? adobe has made this huge push in digital marketing and understanding how all of that works. right? >> yeah. in 2009 they added a huge division on enterprise and connected into the digital marketing space, and really expanded into helping us address digital and enterprise. >> i'm nervous about you helping my alexa market. i like my alexa, i have a good relationship with my alexa. >> what's really good about marketing is when companies figure out how to create a connection you like, and that's the right kind of marketing. businesses that figure out how to use voice technologies in a way that work for you,

and the chinese e commerce company ali baba saw sales rise as more customers made purchases online. the company says its technology is driving significant growth across its business. shares were up to 163.92. >>> morgan stanley moved molia health care from underweight to overweight. the bank's bullish sentiment is attributed to the company's restructuring plan that morgan stanley says will lead to moli in this a's growth. the shares rose almost 5% on this negative day to $59.51. >>> madison square garden posted a wider than expected loss as the entertainment and sports company faced higher costs and lower sales at several of its ve. revenue, though, ahead of expect. shares down more than 4% to 208.15. >>> and the activist investor, bill actman unveiled his plan to double the stock price of adp over the next five years. the billionaire recently disclosed his hedge fund has taken an 8% square in adp and is pushing for changes at the company. proposed plan includes layoffs, cost cuts, technology investments, adp said uh-uh. we disagree with the strategy. shares of adp down more than 5%

chinese online sales, retail sales grew a0%, just came from china, that is a big chunk of where ali babaeven faster, and as was said, they are going into other areas, cloud computing is another big growth area, digital media, entertainment division, and the only great spot in this report is questions are now being asked, our share prices of tech stocks like allen barbre, tencent, are they to fat high for their real value full. —— alibaba. given that there are some risks in the chinese economy, and certainly a lot of new business that has not proven their weight in monetisation so far for these businesses. and give very much, we will keep a close eye on what that does to shares over the course of the session when we get the update from alibaba. the session when we get the update from aliba ba. to the session when we get the update from alibaba. to the markets. tokyo stocks closed lower with big car makers seeing the biggest falls, and banks down after the us federal reserve minutes hinted at a slower pace for future interest rate hikes. we'll get results from clothing firm gap and retailg

the loss, moved onto the next one the other i loved, that was marriott they got great news when ali baba, the day of tear earnings, in the morning, they announced that deal t. stock popped. so you can see, basically, we got in here around a buck 55, a buck 60. there it is, trading up to almost $3 on that trade. so you win some, you lose some, but you got a controlled amount of risks when you are trading options. you know what your risks are you defined your risk and the potential reward certainly paid off in this case. >> good stuff. come back over here, let's go do sue herrera who has the latest headlines. >> i sure do the associated press reporting that the u.s. has been engaging in back channel diplomacy with north korea over its nuclear program for several months the dialogue involves the u.s. envoy for north korea policy and a senior north korean diplomat stationed at the united nations. >>> a head-on train collision near egypt's coastal city of alexandria, killing at least 36 people and injuring 100 others no immediate word on what caused the accident egypt's rail system has a poor

strong online sales of ali baba up for and a half%, cisco quarterly revenue, the amount of money theyatched security business fell short and cisco is down 3%. upgrade from mediterranean-style restaurant chain, zoe's kitchen got an upgrade worth 9%, still ahead, fired google employee james will join us, the man who said biology is why women don't do well in tech. he is on a man and he is on the show but first look who is coming down the hall, and coulter, watch out, sports fans, here she comes and we will be back. ♪ michael:always been a ford guy. potsch: then i have a real treat for you today. michael: awesome. potsch: i'm going to show you a next generation pickup. michael: let's do this. potsch: this new truck now has a cornerstep built right into the bumper. gary: super cool. potsch: the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. jim: aluminum is great for a lot of things, but maybe not the bed of a truck. potsch: and best of all, this new truck is actually- gary: (all laughing) oh my... potsch: the current chevy silverado. gary: i'm s