and partners in silicon valley. how do you think it affected the relationship between apple and uber? play at all in apple's decision to invest in uber's competitor? >> that's a good question. i think the relationship between the two companies is sort of difficult already because on the one hand, you know, a lot of iphone users really and appreciate using uber and apple is all about user experience and they really embraced uber from the early days there. if you're a company like uber willing to sort of break rules and flaunt violations of apple's terms of service or regulators, what does apple do in a situation like that? ultimately what happened was tim cook called travis kalanick into the office for a public drubbing and could have gone a very different way. >> cara, your take on this. seems like a new wrinkle in this. it seems that travis is willing to do whatever it took to advance uber and running afoul of apple could have really, really damaged them a different way. >> i think he asked for forgiveness later. i think that's his whole policy. does something awful and says i'm so s

we are tempted to look at google and facebook and apple today, and toshiba gives you a sense that andhnology, nothing is forever. ory: they made some dumb bets. betting on nuclear power was a bad business decision. companies make bad business decisions frequently, and that comes with the territory. your market and look for something else that looks like it will replace it, and inevitably they are not domain experts in the things they buy, so something goes wrong. aroline: talking about japan long time ago versus the u.s. shareholders who hold publicly traded companies -- think of the purchase of whatsapp, instagram, and some question oculus. do you think the safeguards are there to rein in bad behavior? are stocks ago 20 every year. there is fraud out there. think it is also important when you look at what toshiba has done. the contracts are so wrong and so long, thatakes when the company stumbles, it does not have the wherewithal to recover because they don't have the financial backing. cory johnson, editor at large. a growing global addiction to smartphones, concerned about your own

. >> and apple's coming. >> apple's coming. d there are lots of packages out there. >> agreed, agreed, agreed, right? this was not a great quarter. they missed domestically, and they missed internationally. so if you had an opportunity to sell the stock, this was it. yet we find ourselves making an all-time high. they got it high for the second quarter. by the way, jack and jill, with adam sandler, might be one of the -- >> i thought you were doing another high school -- >> oh, no. that might be the worst movie -- what makes it worse. >> what? >> al pacino, the godfather al pacino of 1 and 2 fame, we don't talk about 3, is in that movie. dan doesn't want to hear it anymore -- >> i actually want to give him props here. >> the guy has not wavered on the net flicks story. i think last summer, i remember hearing you say this is a strategic asset that is likely to get bought by the time it's all said and done. that's a really interesting concept when you think about last week the rumor is apple for disney and something like that. doe

it keeps us from looking at companies like google and apple and asking, how old will these company's ore they stay stale? eventually everyone plateaus. there may be good trades this year around apple and google, but they are getting old. >> is it on an individual company basis or is it an area like health care where you know there will be winners in the next few years? byit has to be company company. any example, google, i can list off one dozen search companies where you lost all your money if you invested in them. think about how many social networks fail before facebook got it right. you have to go company by company and we found you cannot chase after what everyone else is chasing after. everyone else is looking for the next version of the last thing that worked. everyone is looking at the next facebook but what you need to do is find a great company with a great story that is nothing like the last thing that worked. why don't i buy the technologies of the s&p 500? is you will own ibm and oracle and intel and cisco and a bunch of other stocks that are mostly played out. what you'r

caroline: what about apple's role in the future and what unveil? will we are expecting the iphone age. what new features will need to come from these products to ensure it remains the dominant start phone -- smartphone? >> i'm not an expert on what apple's going to have. i don't speak for apple. i have read as much as you. i've probably read less than you about the possibilities. obviously, huge company has to look to stay huge and stay alive going.p apple has done it by spotting new trends, making changes, being innovative, going in new directions. i'd like to see if apple is going to be in something huge, huge market like self driving cars or electric cars. what is apple going to offer that is so different from everyone else? it will be a leadership position. the iphone said that a phone doesn't need to have buttons. it took a while for the world to catch on, but now you see that in all the smartphones. maybe apple will be the first company to take a lead in self driving cars. maybe without a steering wheel and it will be the way for everyone. th

apple has so much cash and were in talks with boeing on satellites. work out with apple to build their own, maybe it will work out with funding. they like to look at other companies before they jump into those spaces. apple gave $1 billion to accompany to grow across asia. now apple is looking at self-driving car technology of their own. it could be a similar approach if they invest in boeing and jump in with their own technology in the future. to be clear, we are not 100% clear what apple will be doing with the new hardware team. we do know it is a new hardware team with two of the world's leading satellite experts. they will definitely be cooking up something that will become clear in the future. caroline: david, the most valuable company in the world. does the growth potential mean they will remain such? david: i have historically been skeptical. i'm starting to change my tune and think maybe apple still has moon to go towards. boeings market cap, apple could buy boeing and still have half of its cash left over. the company has amazing opportunitie

apple, google, facebook, these companies will still be very huge and large. trouble is, you get to a certain point of wealth that 60 years is too soon to take for apple to go out of business. the only way apple could go out of business is if it merged with google and changed the names slightly. just a joke. caroline: that was apple cofounder steve wozniak. volkswagen is gearing up to take on tesla. the german company planning to roll out more affordable electrical vehicles. audi is also debuting a battery upscale crossover car to introduce in 2019. this is the chance for volkswagen to emerge from the diesel cheating scandal and comply with tightening emissions regulations. coming up, president trump has called the h-1b visa system a cheap labor program that takes jobs from americans. now he is taking actions to combat it. his latest move ahead. and a feature we would like to bring to your attention is our interactive tv function. you can find it on the bloomberg. you can watch us live or see previous interviews and dive into any of the securities or functions

we will be talking about apple and its suppliers. agination technologies having their worst day after apple said ties with the company. this is bloomberg. ♪ vonnie: this is bloomberg markets. i am vonnie quinn. jeffrey is still with us along with paul. .> thanks again, vonnie we hinted at this earlier. there is a lot of uncertainty as it relates to the trump administration. they tried to replace and repeal obamacare. there are other things that impact m&a like tax cuts or infrastructure. helpinghat harming or the m&a environment? >> it is a great question because uncertainty is not helpful for m&a and there are a lot of things that fall into that category. will there be a tax holiday? did actnsors get the ability. and some larger questions, where will the national security review go? it speaks to a bigger issue. , there arencertainty opportunities for savvy acquirers who can do deals. theaw this with brexit, classic example of using uncertainty to your benefit. good point. now is the time if you are a see you know you willing to take

the battle between apple and qualcomm. and how much had blackberry won? is a coup for apple potentially. ian: qualcomm immediately said this has no bearing on anything else, we are doing is purely as a binding arbitration we agreed to be part of, nothing to do with anything else. based on what they are trying to say this week, trying to get its message out, it doesn't look great. caroline: that was cory johnson and ian king. an update on another chipmaker. toshiba has temporarily canceled meetings and a decision on its sale of its memory chip business. that is according to people familiar with the matter who say the delay is to address concerns raised by its industry partner, western digital. the firm says purchase may violate their contract and wants to be negotiated with exclusively before any sale. now a predominant theme in , silicon valley over the past year involves powerful founders behaving badly. uber and zenefits are two companies whose public reputations have been partly undone by such. now, the same destructive dynamic appears to be playing out

will we see facebook, google, and apple still the top most viable companies in the world and that timeo you think? >> know, there are always new things that become these huge entities that take our life sometimes in a new direction. apple, google, facebook will still be huge and large. the trouble is you get to a certain point of wealth that 60 years is too soon a time to disappear and go out of business. the only way apple could go out of business is to merge with google and changed its name. just a joke. caroline: that was steve wozniak. moving on to tablets, apple controls 25% with its ipad, but can it keep up? mark gurman got his hands on the latest ipad and new red iphone and took a closer look. >> this is the cheaper ipad, $329, the cheapest apple has come out with. you will want this ipad if you are buying in bulk. if you're looking to save until an ipad pro model comes out, it is good especially if you don't need support for the smart keypad or stylus. the new ipad is faster than old ipad air models. for investors, it reinvigorates the ipad line at a time when tablets are in qu

and initiatives. a megamerger of apple and kely, wouldle unli make sense strategically for the iphone maker. yst backed up his reasoning. >> apple has been extremely focused on growing their services. they have talked extensively about increasing their content portfolio. they talked about the ability to do deals. size is a factor for them. -- there is atial potential that could apple make a big play in media. disney would make a ton of sense for them. caroline: coming up, we go inside the facility where state-of-the-art bomb disposal robots are assembled and find out why these devices will always need human help. this is bloomberg. ♪ bomb is: diffusing a categorized as one of the most -- defusing a bomb is categorized as one of the most dangerous jobs to have, but now these teams have help. bloomberg has the story. >> you want me to tell you what we do specifically? ok. we blow up bombs. [laughter] after 9/11, there was a push from the federal government for bomb squads to obtain robots. we use it about one time to two times per month. it gives us as officers the ability to not approach somet

did you have companies who use it much less intel and microsoft and apple and facebook who really seem to be looking for best and brightest. is that a fair characterization? guest: i'm not sure i would characterize the best way. they all have the same kind of business model. they are selling to jpmorgan, so it's a little disingenuous for jamie dimon to be talking about this when he knows he is hiring these firms to undercut the u.s. market. but certainly some of the best and brightest are being brought in and paid fair wages. the question is, how do we monitor that and make sure all firms are doing it that way? targeting just outsourcing firms is the wrong way of making policy. users make it -- you should make it that no firm can pay cheap labor. see if making it more stringent when it easier for the likes of intel and microsoft to get the hands on the right sort of people going forward. associate professor at howard university, thank you for your time. cory johnson valued here as always. as we mentioned, jpmorgan ceo said-- ceo jamie dimon they spent with a $95 million on technology l

it's the ongoing effective apple that is going to have an impact on qualcomm over the next four quarters andver the next two years. this litigation is going to take two years, mind you. the biggest issue is not even apple. if apple were to win against qualcomm, what does that do to the qualcomm realty model?--- royalty model?i think that is the crux of the question . if apple were to get a better deal from qualcomm, with that apply to all of its handset customers -- would that apply to all of its handset customers? and if apple were to win outright in court, then the royalty model is broken wide-open. caroline: defunct. what's fascinating is you're talking some of the risks. the market seems to be shrugging it off. the shares are rising after hours. i've got a chart on my bloomberg. once haveou that only we seen shares pop after earnings in the past few quarters, and that was in the third quarter of 2016. usually, they fall, come what e ay. i want to get to the bottom of the optimism here. is there optimism in china in terms of growth? is there optimism elsewhere? anand: this is a near-term

new kellogg's raisin bran crunch with crunchy clusters and the taste of apples and strawberries. (excited) i got one! (jokingly) guess we're having cereal for dinner. new kellogg's raisin bran crunch apple strawberry

new kellogg's raisin bran crunch with crunchy clusters and the taste of apples and strawberries. (excited) i got one! (jokingly) guess we're having cereal for dinner. new kellogg's raisin bran crunch apple strawberry philadelphia this weekend as flyers goalie michal neuvirth collapsed on the ice. it happened midway through the first period with the jernlg devils. the manager said neuvirth released sunday and that his tests came back normal. he's going to be re-evaluated this afternoon, but pretty scary. he wasn't move at all, not even a bit. >> hopefully find out what happened. >>> jared kushner, son-in-law and senior adviser to donald trump made impromptu visit to iraq. no word given on the purpose of the visit. last week president charged kushner with new authority overseeing an office to, quote, overhaul the government. has the role of peace envoy to the middle east among his duties. >>> from new york magazine his aggressive rhetoric may get him in trouble. while political speech is protected by freedom of speech. some of his rhetoric should be tested in court as potential inci

i love microsoft and apple. they're going to correct a few percent. think they're not going to miss. >> and you'll see, look, if you're overweight this sector or you've got too much of one of these stocks, this is the time to take the money out. it's a risk management issue, i think, a lot if you get a really good sector because you don't want to get greedy. >> 200-day moving averages worked really well with all these large tech names that we're talking about. and the reason we're just talking about the large ones, by the way, they're almost half the nasdaq. the nasdaq 100 is five stocks so that's kind of the other ones key off of them. >> google, year to date, is up only 6%. i mean, you know, only is relative term, but you have those concerns about the ads, right. >> which they seem to have addressed though. the ads, of course, showing up coca-cola ads, pepsi ads, whatever, showing up on -- >> if tech is such a can't-miss place and that google is viewed, alphabet is viewed as one of the pristine names in this sector, that it would be up more than 6%.

i believe it's tentative to apple and that may be one of the reasons that we see apple setting up thisffice in palo alto and not in cupertino because they want to keep it separate from the bulk of their business focused on consumers and not the regulated medical space. >> christina, this has been talked about and we talk about it being a holy grail of body metrics. a lot of chatter that google was making strides with a contact lens that could do something similar. i wonder if that's competitive or if eventually this is going to dovetail into one product. >> we've absolutely seen google try this as well. now they call it their life sciences arm attempting a contact lens that can do the same thing. noninvasively measure blood glucose on a continuous basis. the difference is that we see alp alphabet partner up with environmental aspect and google brings engineering schools to the table so they are working with alphabet on this. it's something we could see them working on together. more than likely we'll see partnerships between the tech companies and life science partners. >> it's a great

apple has an ecosystem. android, of course, has an ecosystem that samsung is part of but in terms of samsung standing alone and saying, hey, this is a samsung ecosystem, it doesn't exist. so they can't compete against apple on that broader platform ecosystem sense. people are not writing apps for samsung. they are writing apps for an droitd a android and they run on samsung. they also run on 500 other brands of android devices. samsung wants to stand out and have a platform. i look at this phone. everything i said i stand by. it is gorgeous. they have squeezed a ton of screen, a beautiful screen, by the way, into something you can hold comfortably. but when you drill down into the features in the software, i would just rather wipe all the samsung stuff away and use android. just plain android on it. >> who do you think is the consume her here, walt? how much danl wmage was done by previous exploding phone? did they win samsung fans back? are they taking market share from apple and others? who ends up buying it? >> the audience is -- there has always been an audience for people that prefer android and who like

caroline: bigger issues being tied up with apple and litigation issues. do so much, abigail doolittle. brilliant analysis, as ever. earlier this month, apple ditched a supplier. now, other suppliers seem to be suffering the same fate. for years, apple has developed its own processors. more recently, the tech giant is expanding into areas that need special chips designed in-house. this is just one more way for apple to maintain leverage over suppliers. joining us now to explain is bloomberg technology's alex webb, who covers all things apple. talk to us first about what sparked, perhaps, the initial wariness. alex: i think we have to clarify cause and effect has been developing its chips for a decade or so -- clarify cause and effect. apple has been developing its chips for a decade or so. what we have seen in the past tenet years is a huge consolidation in the industry. that fact has given it a fair amount of power. consolidation means there are fewer companies in the industry. therefore, they have more price power over themselves, more power to negotiate

we see other players coming after apple. >> and if you take what qualcomm value, that is apple workingind the scenes, going to china, japan, korea, whispering in the years of regulators and saying, "these are the bad guys." caroline: do we know when the trial will begin? >> not at the moment. i asked the general counsel how long it will take. roger: it won't be settled there. the fight will go on.the amount of money will be to huge to take whatever answer it is at face value. caroline: may the battle commenced. ian king, reporting on all .comingchips, and roger up , a above investors has some raising eyebrows about the timing of an ipo. we focus on the funding and competition with uber, next. this is bloomberg. ♪ caroline: now the ride hailing worth $7.5t is up from the $5.5 billion valuation from december 2015. more importantly, who is investing in lyft? kkr is one of a handful of asset management funds. lyft is tapping a set of investors who have frequently backed public companies or provide funding ahead of an ipo the company has. cap quiet about exit plans investors have. -- still

alphabet and amazon. it's applesersus oranges, you can't figure out who's better because they're both so darn great. adco just announced earnings. the price tag of more than $400,000 a area, is a drug price debate waiting in the wings? >>> and rapid fire in tonight's edition of "the lightning round" and a look back at "the week that was." stick with cramer. you think traffic's bad now, the future's going to be a nightmare! does nobody like the future? c'mon, the future. he obviously doesn't know intel is helping power autonomous cars and the 5g network they connect to. with this, won't happen in the future. thanks, jim. there's some napkins in the glovebox. okay, but why would i need a napkin? you could have just told me a bump was coming. we know the future. because we're building it. we rbut we are not victims.ack. we are survivors. we are survivors. we are survivors. and now we take brilinta. for people who've been hospitalized for a heart attack. we take brilinta with a baby aspirin. no more than one hundred mill

. >>> and apple's big health bet. urces tell cnbc that the company has a secret group developing a new glucose monitor to treat diabetes. but first up, earnings season is here with a bang. jpmorgan and wells fargo and citi group out this morning. citi earnings and revenue came in well above the estimates. mortgages though remain a trouble spot. pretty good in trading. equity -- >> yeah. very quickly, jpmorgan is pretty much -- what i'm going to say pretty much perfect. but the stock was up very big. people are looking at the futures versus the stocks and just hit them down. that is three basis points better. i love the delinquencies here. they're, very very good and commercial real estate is really extraordinary. they had more deposits and more customers so you can look at the numbers and say how much did they really increase versus the number of people that they added. but holy cow, do they have a lot of assets under management. now citi, i thought it was stellar. nobody cares. the problem here which is city, $1.35 bu

that's getting to be b a bigger and bigger piece of the apple earnings. i think that will accelerate and continue as well. >> are you going giddy up on more calls going into the quarter. still in the stock. been in the stock for a dozen years or whatever, but i continue to add options when it comes closer and closer to events. i think this is one of those events. i'll probably be in calls. i'm not in any calls in apple. >> got to move on on the technicals. ari wald, welcome. great numbers. >> thank you. >> pretty good stock moves today. what do you see in the chart sns. >> i'll approach it as a momentum investor here. really three rules to abide by. one, let your winners run, three, buy on pullbacks. do not trim these positions because they've run. these are winners for us. stocks we like. really to make the case, why we think this can be an area that continues to outperform versus the market through the course of 2017, you want to look at the performan versus the s&p 500. the cues are breaking out of a year long range. we're at this difficult point where

caroline: what about apple's role in the future, and what products they will unveil? at kind of features do you think will need to come from the smartphone to remain a dominant force? >> i don't speak for apple. i read as much as you. i've probably read less than you about what the possibilities might be. a huge company has to look to stay huge, keep alive, and keep going. apple has done it by spotting new trends, making changes, going in new directions. i would like to see apple in a huge market, like self driving cars. what is apple going to offer that is different from everyone else that will put it in a leadership position? the iphone said a phone did not need to have buttons, it can be entirely screen. it took a while for the world to catch on, but walk into any phone store and that's what you see on all the smartphones, so maybe apple will take the lead on self driving cars, and that will be the way for everyone. caroline: fascinating. apple has clearance for trials for autonomous technology. are you an optimist about where indeed apple and the big tech players w

only has apple music, which was supposed to be the competition for spotify and youtube, and nowa testbed for different video projects. this is led by a famous record executive. carol: you write in your article that this is about apple keeping people tethered to apple products and the iphone specifically. >> yeah, apple makes two dollars out of three dollars selling iphones. it is the house that steve jobs built. the best way of keeping people tethered to the iphone is with services they hope that gives people a reason to use the iphone instead of any competing products from samsung, google, and whatnot. you have seen the rise of different apps and services that could cause people to abandon the iphone. or feel that it is less special. the iphone has been presented as a symbol of cool for so long, now most phones look more or less the same, so one way to keep ahead of the competition is having something like apple music, a service people love and can only get on that phone. carol: thanks to netflix and amazon, we have seen nontraditional content companies create content, content

oflcomm has accused apple lying and making threats in a dispute over smartphone chips. uch qualcomm can charge for its patented technology. qualcomm monopolizes the marketing claims it withheld a repeat of $1 billion. qualcomm claims apple breached contracts and misrepresented facts. the south korean presidential hopeful said he would confront north korea's nuclear ambitions through talks with kim jong-un. he said the south is currently a spectator to the actions of china and the u.s. the u.s. has diverted warships to the region, while the north says it may conduct a nuclear test in the coming days. the ministry of environmental protection and china is launching a year-long campaign against smog. the teams will go to beijing and surrounding provinces. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. >> caution is the name of the game this tuesday, cold on the rise, treasury yields adding to declines. equity markets, japanese stocks napping a two day rise. the biggest dent in asia stocks coming fr

it is something we dreamed up over ten years ago and this is the way that companies like google and appleu going to persuade people to switch? this isa to persuade people to switch? this is a problem with domestic households with normal energy companies? there is so much choice out there and people don't switch from the big six? well, there is a number of things. we have tried to create a different ated product by saying we can give you clean energy for the same price as dirty. if you're faced with the choice of switching from dirty energy to clean energy, you will do so. a lot of businesses want to move away from the big six because of the services that they get from the big six and the fact that they're trying to or lots of businesses want to different ate themselves and attract customers. chris, thank you for coming on. rising property prices are making it ha rd rising property prices are making it hard for young people to get on the property ladder. stephen mcdonnell sent this report from beijing. it's the start of the evening rush hour here in beijing and this city's young workers ar

we'll do apple and facebook first. let's get the bigger situation which is this maybe how it all ends? apple what? well, i think you can draut linlindraw the lines like that. something of a head and shoulders bottom. the question is, has it played out? what's the price objective? typically, it's to the high, maybe through a high a little bit. what you got here is the breakout. i'm thinking apple has some check back risk, which is it often what we see after a stock moves to and all time high and back. you'll revisit. so my thinking is apple has some downside risks going into the number. by contra distinction, this is facebook, this, obviously, what trend is. in fact, few put lines on it, it has lived within this quite precise channel. the question i guess is this, meaning we have been at this low, at this high, at this low, at this high, so to speak. are we getting close? i think we have a little more to go. we will stick with the bullish bet on facebook, we were working on a month or two ago. let's pull it back and try

and store that in the cloud. differentiating point for apple and it's going to push hard on the hardware and software side. nnie: i do want to ask about qualcomm as well. we got a response from qualcomm to apple's allegation that qualcomm reached the market for chips. explain qualcomm's response. alistair: it is the same issue where apple is putting pressure on its suppliers and trying to cut costs to do more things itself. when you're talking about the company as a size as qualcomm, it's harder to do than a company like dialogue. like qualcomm's chip technology directly. forctually pays royalties a selection of technologies that qualcomm controls. it makes a lot more complicated. apple has been asking regulators to look into qualcomm, whether it's breaching antitrust rules. qualcomm today really hit that hard on that and made quite a lot of allegations that apple threatened it, lied to regulators about what qualcomm gets up to. vonnie: call come down 2% today. apple down 1.2%. it is a down market. thanks to alastair bar, bloomberg technology editor out there and san francisco. bloomberg first word news wit

there will be a software update every now and again by apple. , and for several months following, anyone who had an update, had it repair done to their phone previously. they may have changed the touch screen. they may have had something called error 53. if they took their phone to an apple store in australia, they would have been told that unless it had been serviced only by apple, they wouldn't update and fixed the phone for free. the consumer watchdogs say that consumer rights are being breached because apple was refusing to carry out a standard duty of care and repairto to carry out a standard duty of care and repair to the phone, on the basis that someone else had maybe fixed a cracked screen or something like that. thank you very much indeed. let's look of the markets. they are looking a bit sickly. the nikkei down 1.4. the dowjones down. and the hang seng. a lot of things to worry about. there is the meeting between donald trump and president xi. that has got everybodyjittery. they simply don't know what is going to come out of it. the oth

and stand on their own. but what's so bad about apple having those aspirations, if in fact it does? well, if you're going to really dive in to be a media company and you are a distribution company, which apple is. they have got platforms that you can distribute content on. you can't just throw in with one company. you need to be somewhat switzerland in my opinion and go get a broader based distribution platform like a netflix. so if you want to be in the broader media space, go set netflix and spotify. you own music at that point. you have all the power and leverage, which apple is really good at, and then go get a platform like netflix, which is monetizing very well with subscribers across the globe. you drop that on every iphone and you are the dominant leader. again, i think they will do something and i think their competition down the line is more amazon than anybody else. >> let me ask you quickly before we run, change the subject altogether. el vin spiegel, mark zuckerberg. is the universe large enough for both of them and both of their companies to strive in a competition aga

apple is testing curved glass, and more advanced cameras for this upgrade. it comes at a critical time, doesn't it, not only for apple but it is looking over his shoulder at them some? mark g.: absolutely. samsung is coming out with their phone on friday the 21st and it has been recognized as a hit phone. it has a bunch of new features so apple would be going against this new phone, especially after it stale slide last year. actually has to use samsung is a supplier, right? mark g.: samsung will be supplying the panels for this iphone because other makers like japan display and sharp are not ready. vonnie: samsung is a winner either way or both ways, supplying apple and gaining market shares for its own phone. it seems to me that friendliness -- from what we know so far, there are not as many new things about this iphone as people were hoping for. mark g.: samsung will be winning either way. their new mobile division and display division and tips decision -- division from apple. the newpeople will like curved glass and stainless steel that apple is coming out

other companies, i mentioned facebook and also google and apple, who are bringing in it workers and computer programmers from abroad to work in the u.s. you have seen the line drawn. there is less tolerant for company using this for outsourcing from the administration, and from critics of the program. >> is the outsourcing form a go between? >> you have companies, based in the u.s. or abroad, the primary job is to outsource i.t. services, and they use this visa to facilitate that. >> mark in philadelphia, independent line. go ahead. pres. trump: thank you, very much. minister, welcome. great honor. it is

amazon and apple. mentioned, amazon marching toward $1,000, am getting back near its all-time high in terms of market valuation. those are the usual suspects that lead and panera bread is one of the big winners with the takeout price coming from j.b. holdings, giving a little cake and physicfizz all-time highs t. >>> let's get to the cme group, rick santelli and the santelli exchange. rick? >> thanks, carl. when we look at markets these days, there is so much out of rhythmic commuter driven trade. i am not questioning how good and granular it can be. there are times where i like to get out the old protractor. i will bring it in the future. one of the old brain exchanges that opened in the midwest, gave them out as gifts, the old plastic triangle. it had little hole ns it. there were 45-degree angles, various angles, we call them 1 x 1, 1 x 2. it was slope and geometry. you have heard me talk about one of the big issues with just watching price is that one of the rules and the reason these angles work is

apple. the chipmaker denied any wrongdoing and issued counterclaims apple made false statements to regulatorsred contracts, and interfered with qualcomm's business. for more let's go to ian king, , who covers qualcomm for bloomberg technology. still with us, our guest host for the hour, roger mcnamee. tense and stormy arguments going between apple and qualcomm. >> what is fundamentally at stake is a lot of money. these two companies arguably led the smartphone revolution and made the most money. now, as things are slowing down, as we are turning from absolute growth towards margins, qualcomm has been the one supplier that apple has not been able to quit. it licensed technology in a very expensive way. whether apple uses chips or not, apple is clearly trying to do something about it. according to qualcomm, it is lying to do something about it. caroline: how do you interpret these battles in the courtroom? roger: i think he had it exactly right. the stakes, particularly in smartphones, are huge. this is the largest product in the history of technology. you have this situation where you could bu

i want to start with the whole -- we'll do apple and facebook first. first the bigger situation is this maybe how it all ends? apple, what? well -- i think you could draw the lines like that. something of a head and shoulders bottom. the question is has the head and shoulders bottom played out? what's the price objective? typically it's to the high, maybe through the high a little bit. and what you've got here is the breakout. so what i'm thinking at this point is apple has some checkback risk which is often what we see after a stock moves to an all-time high and back through, often you'll revisit. my thinking here day to day, apple has some downside risk going into its number. contra distinction, look at facebook. this is of course the picture of what an uptrend is. in fact if you put lines on it, it has lived within this quite precise channel. so the question i guess is this. meaning we've been at this low, at this low, at this high, are we getting close? i think we've got a little bit more to go. we're going to stick with the bullish bet on facebook

reports that it systematically underpays its female employees and legal battle between two tech heavy weights heats up. qualcomm firing back at applend schwartzman live after his meeting with the president at the white house when "squawk alley" returns after this. >>> google using data to rip the claim that it pays female employees less than male counterparts. a blog post written that google is taken aback by this assertion which came without supporting data or methodology. we suggest an amount for every employee's compensation. the analyst that calculate amounts do not have access to employees gender data. let's bring in shelly palmer and john brod. john, start with you. does this put this to rest because this is a strong response from google. >> very strong response. i think it really puts the onus on the d.o.l. to share their methodology. they made sweeping damaging claims that google has done a terrific job defending. >> google says they use this same methodology for race. i never heard of a company going through these lengths. employees can appeal if they still think it's unfair. >> in practice, data doesn't lie. people do. so

much of the increase can be attributed to the crest of services like spotify and apple music. we told you earlier this week that the house of representatives voted to overturn privacy protection rules for consumers. a measure that president trump is expected to sign t. new legislation would let internet providers closely monitor their customer's browsing habits and then even sell that information without permission. here to discuss what this means to you and how you can protect yourself is laura moy, she's the deputy director on the center of privacy at georgetown law school. laura, do i have it right this legislation which has not moved through and been signed into law would do that and it would allow internet service providers, comcast, verizon, at&t, and others to mind my data and sell it? >> so, you're right. what this does is it allows internet service providers to eliminate the rules that would prevent internet service providers from using or selling information about their customers without permission. so most americans, with i are connected to the internet, pay a month

we're waiting to hear back, and apple has not commented on the attack. >> police are looking through surveillance video hoping to identify 60 teens who robbed g passengers on the train saturday. they stole from riders, even punching several people. bart officials say two police officers were at the station, but they were patrolling the parking lot. >>> a former star of the bachelor is in trouble with the law. the charge is chris soules faces after a deadly crash. >>> video showing moments before a man got dragged off a united flight and we're now hearing from one of the officers involved. >>> good morning to you, let's open up the weather window to show you clouds are thinner and more sunshine as we look from the east bay hills, meaning temperatures outside san francisco about 2-5 degrees warmer today, but nothing like we're going to see this weekend, but before we get there, there's one more chance of scattered showers tomorrow. it's a light storm on the impact scale. an >>> a suspect killed by a wild police chase in southern california. we showed you the case live on abc 7 mornings

half the stocks had taken out those levels and you didn't see it yet because of how big apple and amazon are. >> i love your point. i think it's an important point probably for a documentary or something, which is because everything is indexed, we might mask a lot of weakness in bad companies, but it doesn't matter. their stocks are going up as well. is it becoming a self fulfilling proofasy because it's an ix dex. >> the fastest fund flows now are going into new indexes that are multi fact or, multi rule that cap out at 3% to 5%. apple can't move the index that way. by the way this quarter that just ended was the highest fund flows ever into this new generation. >> who are the buyers? >> you know where kait's coming from. it's coming from the people that have a committee of mbas on the phone with management. >> i love them very much. >> listen, here -- but here's the key here. if you want the pull back, we haven't pulled back that much, but we're coming off the second worst week for the market of the year so far. but in the big, bright, boldfaced names you did get a reasonable pull back

new kellogg's raisin bran crunch with crunchy clusters and the taste of apples and strawberries. (excited) i got one! (jokingly) guess we're having cereal for dinner. new kellogg's raisin bran crunch apple strawberry >>> terrifying moments in philadelphia this weekend as flyers goalie michal neuvirth collapsed on the ice. he was released from the hospital sunday and that his tests came back normal. he's going to be re-evaluated this afternoon, but pretty scary. >> especially since he's not even moving. >> yes. >> not even a single flinch right there. hopefully they'll find out what happened. >>> donald trump's aggressive rhetoric may finally get him in trouble. while political speech is proekted by the freedom of speech a judge ruled that his rhetoric should be tested in court as potential incitement. speech that falls within the category of incitement is not entitled to the first amendment protection. the case came about after individuals claim they were punched and shoved by some in an audience at a rally when trump said, get them out. the judge ruled the case can proceed. here'

and me. i remember when apple was trading at 93 and one of the ma smartest men in the world would send me emailsg to kill everyone in my path because of the amateurish way i told them to own apple. not short it. they said i was drinking the apple kool-aide. i read about apple service revenue and how the new products were going to sell incredibly well, how the balance sheet is always right. that didn't seem to matter, i was going kill people, annihilate them, when apple went higher, those guys don't write me anymore. maybe he's a little embarrassed. all i know is that i have come out every night looking for ideas and many of these titans don't even bother to do the same anymore. and honestly, you can't even plame them. the only way they can tarnish their reputation is telling you to buy something and be wrong. believe me, i get it, you only need to get rich once, but regular investors shouldn't be taking their coup from these upper wealthy hedge fund guy who is just don't want to get in trouble. "the lightning round" is next, stick with cramer. ♪ the more you know bp engineered a fleet of 32 bran

caroline: what's interesting is the frenemy relationship between samsung and apple.t's interesting. samsung has their mobile arm, but also their display arm. they say there is a fine split between the two, that there is no preference between the two. but samsung is well ahead of the competition, not only apple, but the other players, in terms of their smartphone display. caroline: talk to us about bixby and why the voice-activated helper is being delayed here in the u.s. mark: it's a bit interesting and surprising. ai is difficult. really understanding the accents, if i started talking to it and you started talking to it, we have two different accents. determining who is who and what each of us are saying is difficult. siri and alexa have had similar troubles. this was supposed to be a blockbuster feature of the phone. caroline: talk to us about "gadgets with gurman." where and how can i see it? can you come show us on tv? mark: it's every wednesday at 12:30 pacific, 3:30 eastern time. it's an exciting show we talk a lot about financials. a key component are the prod

was developing its own power management ship and ditching dialog's quote in part. lampe believes apple was setting up development centers in california and that dialog would face significant uncertainty. the german bank added that dialog's chip designers continue to be highly valuable. apple has over the last couple of days clashed with another supplier, imagination technologies. and they have said in a statement they're going to reduce reliance on that particular supplier of graphic processing units over the next 12 to 24 months? why? they want to develop their own chip. increasingly, apple wants to do everything in-house, like samsung is doing. some of those suppliers have been heavily reliant on apple will be feeling the pain. >> it's very smart of apple. then they have full control over everything. i question dialog's internal value because this contract goes away doesn't mean there's no value to be found in the company. a lot of people would say there's still value to be found there, it's a matter of rejigging themselves, finding other companies to be working with. >> can you repl