itself as still responsible and socially responsible, and that's why they're building this huge 1,300-acre farm. >> i would live in both countries. if appleclare sovereignty, i would live there, as well as switzerland. i think those are two great countries, potentially. >> reporter: can you imagine? i just wonder what the cheese and the cowbells would sound like in the land of apple. >> i hope they have good skiing. >> reporter: you've got to wonder, don't you? i wonder if they'd also have coca-cola, because that's where i'm going to take you next. the drinks-maker reported a better set of numbers. the markets were happy with the figures. that pushed the share price higher but it is worth pointing out that the ceo in a conference call said this is a transition year for the business. they do expect to still take costs out here. and you know what's hurting coca-cola here it is the mighty dollar. even as the dollar gets stronger, it means it's tougher on those comparatives on overseas sales here. so a little bit of a drag coming on the dollar as far as coca-cola is concerned. back to you. >> and geoff, quickly, we see green arrows across the

one of their top ten positions as apple was sliding 20% from its peak. we say this is a good predictor as far as stocks go? >> that's a good point. china was a big market for them. the fact they were able to crack into that is pretty significant. they are no longer relying on the u.s. market. for a lost products and services the u.s. market is getting mature. they have to get out there and explore it. that's what is driving it right now. >> apple got -- hedge funds got apple so, so wrong. >> now they are monday morning quarterbacking. >> if anything, they may be a contra indicator. >> finally oscar viewer ship taking a dip last night. multi-year low. fans taking to twitter with their reactions. the moment receiving the most he attention? lady gaga with julie andrews "sound of music." >> we were out watching it my wife and i. she was actually on her computer, on her ipad, actually watching twitter alongside the actual telecast. >> which at times might have about more interesting. >> i think it's now becoming more of a common way of viewing these live event

liz: that's right, if you didn't hear, he said apple, that one day they could be as big as apple. take a look, apple hitting another all-time high today. its third in three days, and that means a much higher market cap of more than $720 billion. shares of apple right now up 1.25%, tesla down .5%. >>> a banking brawl over the former yankee captain. charlie gasparino working the phones, exclusive details on a big wall street firm that could be pitching a big effort to nab derek jeter's business. should goldman be worried? the last hour of trade, here comes the pitch. let's start the "countdown." good afternoon, everybody, holders of general motors stock are doing the happy dance right now while tesla investors wondering if a plain vanilla electronic car can beat the sexy model s. gm planning to produce a tesla fighting all-electric concept car called the chevy bolt. will tesla be a little dented under the wheels of a new and perhaps fierce competitor? big-name stocks in the spotlight on the story. so is jeff flock live from the auto show there. the gossip must be flying, jeff. >> re

our market cap would be the same as apples is today. that is going to require an order of $700 billion. i am hopeful we can do this without any significant delusion to the company maybe minor dilution. oh, yeah apple, of course. what wave are you snon how much money do you require for them to be next april snl. >> we're going to spend staggering amounts on cap x. where is the money going to come from? near the end of the call i felt like i was listening to the rambles of john deloria, another man that created a much loved car but also had the balance sheet that was hated. it is almost a spoof of a conference call mocking those who try to take the company seriously and animal house call. maybe something in honor of the company's 40th anniversary of saturday night live? so why not nail him to the wall of shame now. the man is a genius. i'm not disputing. that make no mistake about it. this is a fiasco earnings miss of immense proportions coupled with the arrogance of a steve jobs without the numbers to back it up. bottom line tesla, great

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elon musk said tesla could grow as big as apple. take a listen. >> take this year's revenue, you know, around 6 billion or thereabouts and if we're able to maintain a 10% growth rate for ten years and achieve a 10% profitability number and have a 20 pe, our market cap would be basically the same as apple is today. >> that's quite a bold prediction from a guy who seems to talk -- >> i'm not sure that's a winning argument. seriously. how do you make that call. >> why would you want to make that call? >> that's a very good point. here's a guy that's done a lot of talking about his stock. >> i'm surprised. most people don't want to talk about their stock in that kind of way. that's some pretty gigantic numbers. the idea of 30% growth for ten years is, i mean, just very quickly it's doubling like 16 times whatever his revenue is now. more. more than that. that is -- i mean, could he be gm? could, but that's -- >> it would be -- >> that would be a long shot. >> it would be gm times something and it assumes in my world no competition. >> n

apple. so much of what i'm betting on now as an investor in apple, and its free cash flow, hopefully increaseidends, is coming from one device. the iphone. doesn't that make you nervous? >> it's harder than it looks, kevin, because apple's first of all i believe going to sue them, sue their pants off when they try to come over here with designs that apple believes at least are ripped off from the iphone and then when you look at apple's ecosystem it's not just about software, not about lightning cables, look at the retail stores. when you're selling handsets like so many are without profits you don't have the money to reinvest in prime real estate like stores in grand central station, like stores at the louvre. xiaomi is not in any trajectory to do that. what that provides for apple is the halo effect and we see it in the margins. it's really hard to knock them off their perch. >> kevin, always good to see you. >> you're lulling me into a sense of just being lulled into a sense of just warm and fuzzy about apple but that's when i know danger danger. >> if only you can do that on "shark tank."

the apple three-day rally, $126 per share as the tech giant market cap close to $740 billion. ore calling attention to itself. jolene has more. we know that they have been pressuring apple. >> $6.5 billion, this guy is a top 10

much as apple is getting, that's going down as the use of apple is going up. why? because they don't have it. facebook, google, a lot of other companies want to garth every piece of information. >> i think they -- people who provide cybersecurity technology aren't interested in privacy information. they're interested in protecting the information from being taken. when they conflate cybersecurity with the privacy issue i think it devalues what we're trying to do in the cybersecurity world. >> charlie: what more does the president think he should do in terms of prioritizing this issue? >> part of this new order is establishing another collection agency for the dissemination of information gathering and dissemination of this information. i think he believes that you can go only so far, which is i'm going to insent people to contribute information, i want to make sure the government provides the best and brightles information it can back out to the critical infrastructure so we end up with a good public-private partnership going on, but realize i'm not going

they would save more at home or at if approved the change would affect companies such as apple, googleosoft. combined they have nearly $92 billion in profits parked outside the united states great greece is parking itself firmly against the euro zone. the newly elected prime minister went hunting for allies today, beginning

. >> this will be an all-time high on apple at 126.30 here. asid mentioned, carl has his targets. the natural suspicion for some is costco dumps amex and adopts apple pay. >> never -- amex had their loans, there's a loan business and apple's not getting in the loan business. the whole food took me away hearing apple was the biggest -- what's it mean? forward group of people shopping at whole foods and i continue to tell you that whole foods is template. they're going to -- >> for apple pay? >> yes. go back over in the book about apple. you know that none of those record companies was even like taking the call initially. and then in the end they begged they begged they were on their hands and knees let us have a little business. >> well, he pantsed them. >> herb albert sold at the top. a genius and a musician. >> those that deal with him think twice given the experience of the record companies did have. >> i think that -- >> but there can be an argument made that everybody will benefit so i'm sure that apple's making that argument. >> i think this

apple. they keep rolling out all these new initiatives. march 9th? and tim mentioned this as well.ow they are at a level where it needs to prove itself. they need to say something extraordinary, i think, to get the stock to the next level which is probably 150. >>> monster beverage soaring 13% on blowout earnings. the energy drink mare is up in the last year. mark astrocam raised his estimate on this. you have said that these blowout results make it more likely that coke will buy monster outright. when do you think that happens, if that happens? >> i can't tell you an exact timing. >> within the next year? >> the margins are leveraging. that's part of the reason the company wanted to take a 17% stake in it in august last year. that growth is appealing. >> what are some barriers to coke actually doing this, in terms of how much a percent they could take. >> there's a standstill on the deal. it hasn't closed yet. the stock has doubled literally since the deal was announced in august. about $71, $72. now $142. coke's investment looked awfully good in hindsight so far. >> monster has m

with the automakers having cooperative r&d with the battery makers, apple already has that as well. it's a different kind of battery but they can do it. i don't think it would take long to catch up there given them amount of money apple has. >> this time frame is shocking. when detroit launches a new car five-seven years, why does it take detroit 5-7 years to do that? >> i was surprised to see that figure. did work companies can get a new car out in 3-4 sometimes 5-7 would be for somebody like apple -- the detroit car company's can get cars out and sometimes two years if they already have hardware with another model. 5-7 is a longtime. five years for a company like apple who is simply studying this at this point, that is pretty aggressive. >> thank you very much. bloomberg west will be right back. ♪ >> this is "bloomberg west." here some world is. the federal government -- for refusing to cooperate with -- the japanese company has not fully complied. at least five deaths are blamed on airbag defects. plunging, following the most against the euro since 2001. -- falling the most agains

i own apple, i don't think this is going to chip out anything as far as apple stock goes, but it's ant technology also. this is a totally different technology that they're using instead of nearfield communications, they're using something else. but i do think they're a little late to the game, you know? and unfortunately -- deirdre: samsung or apple? >> samsung. deirdre: okay. >> unfortunately, they're going to have to play catch up. >> that's been the story for many years. apple comes out with this, samsung gets theirs out, but apple always outdoze -- outdoes it. this loop pays in 90% of retailers, apple pay is in 2% of retailers. i think it's more of a hail mary. it's a -- deirdre: on which one's part? >> on samsung's part. deirdre: well, and apple really got organized, let's say, ahead of time with all the credit card companies, with banks, there's a whole infrastructure. but then again, samsung just coming in with the big foot, okay, we're going to buy something with 90% access. >> absolutely agree. i don't think this impacts apple negatively, but i think it's a win for samsung.

national spotlight about 1500 people are expected to attend including silicon valley leaders such as apple ceo tim cook. the president plans to hold a round table discussion. and later tonight the president will be at a fund raising dinner for the democratic party hosted by a prominent tech investor. tickets range from $10,000 to $32 hayricks. the event here at stanford won't start for another four hours or so but the secret service is here of course with stanford university officials are all making sure that everything runs smoothly. back to you. >> thank you. you all of course follow the president all day. >>> the someone dumped a stolen car into the water at the fulton shipyard last night. the contra costa county fire protection district tweet the these photos. witnesses reported seeing it going into the water around 9:30 last night. crews attached a tow chain to the car and pulled it out of the watter two hours ago. >>> police need your help to find a missing woman considered at risk. police say lewis is bipolar and has depression. she is 5 feet tall, 160 pounds with gray hair. >>> bar

of their top engineers as apple is working on building an electric car. a one to three accuses employees of violating nondisclosure agreements bayside. the case was filed in the massachusetts state court, but has been moved to a federal court in boston this week. how serious are these allegations? this is interesting. just the notion these guys cannot take services, like lebron james they move their talents to cupertino. access one of the beauties of silicon valley the lack of a noncompete clause. this is something you see quite a bit in the automotive industry. it's not that unusual. what is interesting is the window into what apple is doing and it is the first concrete example they are trying to move into the auto space. cory: you broke the story -- they've got over a hundred people working on this project in cupertino. but i guess a one to three -- a123 new. what's so important about the battery technology? >> the way to manage that power is the key to the electric car race in the future. gm has been working on it and the creation of the battery isn't

apple of china. they want hardware as well as software.y want to have a platform, as you said to sell all the software and services, using the hardware platform. as you have seen, the money resides in being completely consistent -- where apple is not where google is. cory: of course, there is an apple in china, at least in the fourth quarter. it is out with an apple phone, with software from the apple app store. is that the ultimate goal, that alibaba will have all that and more because they will have the commerce that happens as well? neil: yes. it is an interesting business model. it is a competitor for amazon as well as apple. it has a horizontal play with e-commerce. it has a huge user base to sell it software and services content . in other partner hardware and extra stuff. at the same time, it wants to be a player like apple, because that is where most of the profits are. cory: right. does it matter which company may invest in? maizu was 13th in chinese market share last year. does it matter that they invest in maizu i'm not the numb

. >>> and the $700 billion company, as apple finds itself in new territory once again.much much more this morning. this is "way too early." ♪ want to be a billionaire so fricking bad, so bad ♪ ♪ buy all the things i never had, buy everything ♪ >>> wow, apple continues to ascend. easy for me to say. hi, everybody. good morning. i'm thomas roberts. it's wednesday, february 11th. welcome to "way too early," and it is great to have you here. we want to begin, though with some housecleaning this morning and bring you some breaking news. nbc news deciding to suspend brian williams as m

with the automakers having basically cooperative r&d with the battery makers, apple already has that as well. it's a different kind of battery. i don't think it would take long to catch up there, especially given the amount of money apple has. cory: finally, this timeframe, i find it shocking they think they can have a car in production in five years. when detroit launches a new car, 5 to 7 years, why does it take detroit 5 to 7 years to do that? david: i'm surprised to see that figure. the trade companies can get a new car out and 3 to 4, but 5 to 7 for somebody may be who like apple is starting from scratch they don't have a family, a supplier network and so forth, detroit car companies can get cars out and sometimes two years if they already have a lot of the existing hardware with another model and they're going to create a new model of that existing underpinning set. five to seven is a very long time. five years for a company like apple who is simply studying this at this point, they have done work but they don't have factories and a sort of thing, it's pretty aggressive, yeah. cor

. $216 is where he believes apple is fairly valued. i believe, as looking through it, i don't think that incorporated the television idea of apple. so they certainly think it's valued -- it has so much more value to go. >> surprise you, nicole, if i said since the ipo of 1980, the market cap of apple is up 51,000 percent. >> i was about to say, how will she calculate this one? wow. exactly. i'll just take from the summer of 2013 when it was 55 bucks to now. liz: i know. >> unbelievable. liz: it's up 140% since tim cook became ceo. for everyone who was naysaying his abilities, that's a positive for him. we want to quickly mention, it's not just apple, but a whole bunch of halo stocks like qualcomm and nuisance. we'll talk about that in the 4:00 p.m. eastern show. is apple too rich for you at this moment, do you want to go somewhere else? apple up $2.78. these are sexy names. tesla, cisco, whole foods, all of them coming out with earnings. you either use their products or own their stocks or both. the second these numbers come out, and tesla in partic

as american as apple pie or the manhattan project, and nearly as deadly.day-glo orange cheese-like substance drop like a deuce, a roller in the night, into a bag of fritos. it feels like you're holding warm -- you would be worried, holing colostomy pie. it is delicious. neither the frito nor the frito pie are indigenous to new mexico. they were texan. new mexico you have many wonderful thing. let texas have this one. in a few minutes i've reach a depth of self-loathing it usual low take a night of drinking to achieve. combine with this with a binge to drink and a strip club -- ♪ a worm spreading glow fills -- a warm spreading glow fills my belly as a set out in my mighty ford galaxy. yet, i am also depressed. frito pie. i smell metaphor. speaking of explosive diarrhea -- [ explosion ] -- did you know that the first-ever atomic bomb was exploded in 1945 in the desert of new mexico some sushi bars, galleries, reiki massage studios, crystals, we got 'em. i think i node to adjust my bend or something -- i see darkness in all of this. >> well, there are a lot o

apple today one of the weak points as apple goes, so goes the nasdaq and the nasdaq 100 in general. eek having or last week rather having hit a fresh all-time high, has been trading above its technical moving averages, but today, showing a bit of weakness here. the other thing that's been interesting to watch today, have been some of the big movers. staples, the best performer. that on reports that staples and office depot may be considering a merger. office depot also one of the biggest gainers in the russell 2,000 as well. there was a time when we who have thought that that couldn't happen because they were the big suppliers, the big players, but now, you can get your supplies anywhere pretty much and you can get them mailed to you, so it doesn't seem as though perhaps that would be any sort of regulatory issue of the two of them merging. we'll see what happens there. overall we're watching, continuing to move a little bit lower here. we'll see if it drags down the rest of the indices. back to you. >> bertha, thanks. you're right, the dow is up about 137, well off the highs, six st

minimum wage increase for about 40% of walmart's workers that will take effect in april as well as apple and as well as just the state of wages and the state of the consumer and effect of lower gas prices in this country and beyond. henry, we were sitting here watching this and discussing it while happening but what struck you the most. >> first, carl did a great interview. you've got to salute walmart. this is a great move for walmart employees and the economy. we've had this incredible divergence over the last ten years where shareholders have done extraordinarily well, companies have hiked their profit margins to the highest level in history, meanwhile averages wages stagnant. workers are not getting any share of pie. to see walmart say look we're doing this voluntarily, not being forced to, that is greatp for the economy. it's great for people that work at walmart. ultimately, although you don't see it in the stock, it is actually good for shareholders because it will get the money circulating again, ultimately you get better people working at walmart, they can stake their careers th

masses where if you cannot hit the high and priced product there is an offering apple has, which is going to be equally asfor apple for you to buy. >> gene munster piper jaffray c. sony says operating profit and $4.2 billion profit i 2018. that is the highest since 1998. the ceo. >> devices such as image sensors, gaming network service, movies and music will be the areas that will lead sony's ceogroup in the next three years. sony is most competitive in these areas and will see the potential of growth in the market in the coming years. >> six net loss in the past seven years because of the write-down in the struggling phone business. the largest search engine. an economic slump in the ruble. the index russian market share twice that of google. diversified with online taxi service, classified advertisement and data profit. iran supreme leader warning the nation. exporting oil and natural gas of international sanctions remain in place. iran is the world's largest gas deposits and fourth-largest oil reserves and the economy is suffering under sanctions related to this. >> "bottom line" with mark crumpton at

this comes as apple ceo tim cook is said to meet in brussels today. world so much? >> is a different -- it's different for apple, and not just because they are cash forward. the release of the apple watch was said not to go beyond the united states, but we are getting that suspicion. we know some of the globetrotting happen in mexico. some of the issues were does -- that were discussed were revealed, because the government is required to do so in those private meetings. and they said they would meet with health care officials about the role of development in the role of health care. similar meetings took place in the u.s., but also in brussels and also on the agenda in israel. when issues of privacy have been raised, not just by apple in the breach of the celebrity accounts at the oscars the regulars want to know what they will do in terms of privacy and what this medical device will do and whether it should be regulated in the country's it is sold. >> and the overall international market is hugely important to tim cook. >> and the cash that apple has

apple. you were talking about that. asou know, apple these events usually pretty much a wow factor in them. we'll see what they have planned but i don't know, what are you going to do with apple as a result of that announcement. >> sue, you know what it's going to be. it's the watch. they've said that. this will be the watch. will it be the watch that can barely last a day before it's got to be charged and so forth? tim cook said as much. >> did you read the jony ive people in "the new yorker"? >> no. >> i urge you to read that. >> okay. >> i did, yes. very interesting. it's really interesting. >> kind of access that they got, sue, to the design studio, no one had ever been into before, it's hard to read an article like that -- everybody is bullish on apple, but hard to read an article like that and come away feeling anything but bullish. >> absolutely. >> even perhaps about what the watch is going to be because you understand the mindset of johnny iv ive an the folks behind the product. >> it goes to their innovation, the

and achieve a profitability number, and have a 20 p/e our monthly cap would be basically the same as apple'soday. >> henry, i have to know what you thought about his ambitions, right, and the capability of investors to keep up and have patience for the ambitions. >> tesla has always been a future story. you have to believe in lots of things that are way too far out to sea now going right to justify the price. that is some heroic analysis that elon brought to the table here. he's good. ceos talk about the long-term vision, what they can be worth, that's promming. apple generates $45 billion a year of profit, so to have apple's market cap you have to come up with a scenario where tesla generates $45 billion a year profit. $6 billion of revenue this year. there is a ways to go. if you assume a couple thousand dollars per car, you have to sell lots of cars to get to $45 billion of after tax profit. >> i'm amazed the same ceo who told us the price was pretty expensive. like he only deals in polar opposites. >> i wonder if this commentary was for irps or employees. we hear vfof the talent wars of

the "wall street journal" says that the apple watch may not have as many health features in it as first scheduled, this because apparently apple had some trouble getting them to work perfectly. also it could expose apple to some sort of regulation because health devices are specially regulated but apple watch coming out in april. we're getting closer and closer. >>> 6:37 right now. still ahead an unwanted show. why a movie theater is getting an earful from people who never paid to see "fifty shades of grey." >>> prosecutors are expected to rest their case today in the american sniper murder trial. prosecutors showed a video of eddie ray ralph confessing to police he shot chris kyle and his friend chad littlefield. kyle inspired the movie "american sniper." ralph pleaded not guilty by reasons of insanity for the 2013 shooting deaths at a texas gun range. >>> a south carolina college is apologizing after a teacher hand the out m&m's in per skripg pill bottles to little kids during a fun run. the labels read "happy pills" and instructed to take one m&m every two to four hours. parents say

ceo elon musk sounded optimistic saying it's market cap in ten years could be basically the same as appleday around $700 billion. tesla shares well they're down about 5.8%. a big mover this. >> just going to bring you flashes from angela merkel in minsk. she is putting into perspective what has been agreed. while she says there is now a real chance that the ukraine situation will improve but she says tall hurdles still lie ahead of us and we now have a glimmer of hope and putting of course pressure on separatists to reach that. >> interesting. germany taking on a more cautious tone when it comes to the cease fire agreed upon. the foreign minister of germany said he hoped for more out of these talks. he also says a new deal is no comprehensive solution and the deal could though end escalation spiral. merkel saying this is just a glimmer of hope at this point. more on the developments out of minsk coming up but also tune in after this break to find out how the ceo plans to leave the wish national bank shock behind. more on that coming up next. opportunities aren't always obvious. sometimes

i want to quickly hit apple, as you noted. new high again for apple.e over $10 billion. some of that is returned to shareholders. they're waiting on new products. talking about deals to have their web tv. get rid of those cable providers. a lot going on. [closing bell ringing] david: talk about the car. they may get into google apps and self-driving cars. we'll talk about that. liz: apple closing and merck above 122 -- apple above $122. david: $710 billion market cap. oil took a big dive today. market not missing on that action. there is a lot of stuff going on overseas may be affecting the market. we'll talk about that in a moment. the indices, the biggest gainer is the nasdaq. tech stocks gaining. we have busy hour for you. anthony scaramucci, a host of other guests, joining us. "after the bell" starts right now.

better buy for ten years, i think really comes down to is apple in a space that's going to multiple in terms of it's addressable, sellable opportunity asts a tesla's opportunity is going to? and i don't think that's going to be the case in ten years. in two or three years, apple wins, don't get me wrong, love apple. but i think in the long-term, if tesla stays on the same track, whether they're making their own cars or licensing to other automakers, i think tesla has the nug over a ten year period. >> wow, gene, make the case for apple here then over tesla. >> i think the markets are instilling huge room for growth. and they have about 20% market share and smart phones right now. that could be 50% market share. the tv i still believe in that if you put all together it equals about 45% upside to the current numbers for the street and there's huge room and there's the wild card. every investor wants some big wild card that they can shoot for. remember this term augmented reality, and this is light field is the technical term but think of google glass on steroids you would want to wear and that's the stuff, when we do our research around

apple. where are we as of right now. apple car is coming. it is coming soon. have them on the road by 2020. five years from now to a car on the road. and much stronger position. apple is sitting on $178 billion. a honda. a toyota. a general motors. suddenly, here is google. i still am not convinced that apple will go into carg. wnostath anyway. i just do not see them do it. >> again, when you look at that, that is enough money for apple to go out. it is working on a lot of products right now. over 30 car manufacturers. they may be shooting themselves in the foot. selling technology to people. stuart: this must be not exactly great news to you. you said back. the computer does the driving. it is not rising. is it? >> you like driving. >> on the weekend i will grab the corvette and go hit the track. stuart: appreciate it. let's stay on apple. the last six days has not been fun. they have been is aspirating and infuriating. maybe i am a slow learner. i love it. i love this. my obvious question is by apple stock at $180 a share. yes or no. >> $750 valuation, i wil

about 1500 people are expected to attend the stanford event including silicon valley leaders such as apple ceo tim cook. the president plans to hold a round table discussion to build partnership. later tonight the president will be at a fund raising dinner hosted by a prominent tech investor. tickets range from $10,000 to $32,000. the event starts at 8:45 a.m. and that will be a panel discussion and then the president is expected to take the stage here at memorial hall at 11:15. back to you. >> thank you. >>> pressure is mounting over the kennings ton police department. in a community meeting last night some people living in the east bay community called for the police chief to step down. they are upset it took him nearly eight months before suspending sergeant keith burro. the chp has issued a silver alert for a missing elderly man from san jose. 88 bernard suffers from medical conditions and may become disoriented. he was last seen around 3:00 yesterday afternoon driving away from his home on arnold avenue near the airport. he was wearing a tan shirt, tan jacket, and tan pants with a blu

it hasn't really caught on so can apple change that and make wearables a big market category for other companies as. >> agree. we'll continue to debate on apple throughout the show. where is its market cap headed? e-mail us at worldwide@cnbc.com. still to come here on the show today, the premiere league scores big with a record auction for its tv rights. we'll discuss after the break. living with chronic migraine feels like each day is a game of chance. i wanted to put the odds in my favor. so my doctor told me about botox® an fda-approved treatment that significantly reduces headache days for adults with chronic migraine. 15 or more headache days a month each lasting 4 hours or more. it's proven to actually prevent headache days. and it's injected by my doctor once every 3 months. the effects of botox® may spread hours to weeks after injection causing serious symptoms. alert your doctor right away as difficulty swallowing speaking, breathing, eye problems, or muscle weakness can be a sign of a life-threatening condition. side effects may include allergic reactions neck and injection site pain fati

companies such as apple, visa and mastercard are attending and apple ceo tim cook and president obama will speak. reports say the president will announce an executive order to help improve our companies and the government share information about hacking threats. >>> if you're looking for love with your latte, head to starbucks today. the coffee is teaming up with match.com for the world's largest date. from 2:00 p.m. until close, you can meet up with your mate or perspective mate and enjoy romantic music, food and drippingsdrinks and special photo props. eun, back to you. >>> i'm molette green at the live desk. we are just getting some information into the newsroom about a train derailment this southern india. it's a deadly one. a pould derboulder fell on the tracks and it killed at the least 11. we're getting reports that there are people are trapped. we're working to get you video from the scene. >>> it's 5:56. today you can see a 3d portrait of president obama. the first of its kind before the portrait will be unveiled today at the national portrait gallery. the president is the fi

organizations which mimic the ku klux klan to have these people locked up and greed, being as american as apple pie to get their land get their boats. and many of the people who were villains in this later became heroes. in this country. the attorney general of california then was named earl warren. he became governor warren and he became chief justice of the supreme court. he was the one who pushed the line before congress. he rode the backs of the japanese to the governorship. but his line was that the fact that there had been no sabotage was proof they were organizing massive sabotage and it would only happen when they got the word from tokyo. and that was what one political cartoonist took called waiting for the signal from home. and japanese lined up all over the west coast, picking up tnt to use to blow up netices. he wanted eded to stop the germans from making war. and he believed that it was the shape of japanese heads. that pruf proved the slope -- they were called slopes sometimes, it was the word like the "n" word, that if they could figure ways to reshape their brains, his theory wa

the fight for the road heats up as apple reveals plans for an electric car. hing an introduction as early as 2020, setting the stage for a battle with tesla, gm ford, and others. they all want to build electric cars, but do we want to buy electric cars? brendan: i am more fascinated with how the silicon valley is rotating into the same maelstrom, where everybody is headed in the same direction. google and apple have turned to similar products mapping, which then turned into mapping going into cars. i would not have predicted this five years ago which -- but this is all the same business. it is fascinating to me. leslie: and to keep you where you are. i walked into a verizon store last weekend and i said there is a new samsung phone coming out, can i use apple? they said is your ecosystem apple? if they have a car that expands the ecosystem, it makes it harder for you to switch. brendan: the former gm ceo said yesterday, you want to make cars good luck to you. betty: we are giving tim cook some ideas. coming up we will discuss the road ahead for the auto indust

liz: on a day when you had real shining stars such as apple, we're looking at stocks finishing mostly down. as we look at the numbers, you can see, these numbers are settling. we'll have a rock and roll action in the after-market session because of earnings. dow jones industrials losing about 10 points. the s&p down just a fraction. you can call that flat. russell lower by 1 1/2 points. david, hard to find direction here. david: we may find direction with earnings. we have tesla, we have whole foods, we have cisco coming up. its r is a very busy hour. liz: "after the bell" starts right now. let's get to it. david: breaking down the action of today and to come, tim courtney wealth advisors. he will tell us why he see as 10% rally ahead in the s&p. michael cuggino from permanent portfolio fund says a rate hike will not have a huge impact on the economy or the markets. todd horowitz is in the pits of the cme. todd, i want to start with oil. came down again today, as i called it a roller-coaster ride. i'm wondering if citi's $20 target has any effect on that? is that bringing the price do

is apple crazy do to it without a partner in the car business? or can they, as they always have, go it alone? >>> europe's finance minister saying a deal with greece unlikely. nothing happened today. they have gone home at least for now. should the e.u. say good-bye greece. or do they need to hold on tight to prevent another country like russia from swooping in? >>> new report rankses one company as the most successful in the world. its stock has had annual return of more than 20% every year for nearly half a century? who is that? the question marks will be blown apart when we come back because we'll tell you straight ahead. ♪ know that chasing performance can mean lower returns and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. but for p

the country their flowing to meet with the other endowments in the area stanford and uc as well as the apple and, etc. they're here on a regular basis doing fundamental analyze and meeting are clients so i see that our assets is going to be very good okay there are a number of managers that are now i mean we will need to look at this closely and see if quote their two large but you don't want i don't have too many concerns to attract a good roster manager. >> yeah. i believe that we'll be able to with a good staff and good consulting and fund to fund assistance be able to construct a good portfolio and it is a good size as well it's not the size of looking at to put to work is very don't believe doable. >> we're in a sweet spot if you're platoon is $200 million and your allocating 10 percent of hedge fund crisis 15 managers that will take a one million dollars assignment not many but $300 billion and looking to invest in 20 managers and looking to move the needle one and a half billion dollars there's more 25 managers will take that large amount of money. >> maybe less. >> we're in a sweet s

much as apple. fast retail company with a domestic outlook. 1990, sony with playstation and al gore was running for president. when i was but a young stockbroker. >> "on the move" is next. >> jonny ferro the is young. he will take you through "on the move." ♪ >> happy friday and a warm welcome to>> "on the move." minutes away from the start of european trade. let's get straight to your morning brief. debt deadlock. greece applies for a six-month loan extension. germany calls that it a trojan horse. the peace agreement and ukraine reaches breaking point after pro-russian rebels seize a town. today marks the first anniversary of the massacre that sparked the conflict. the ftse 250 in london. an all-time high. germany's daxx starts the straight -- the trading days at a record high. the pmi is coming through for france. i am looking at future markets lower. the stoxx 50 down by nine points. dax futures up by 20 points. let's get to manus cranny. >> it is going to be an interesting day in terms of extend

new price target on the stock, say it's worth today, today, $216 a share as they up their own earnings estimates for what applehould be doing. he's sort of responding to some criticism that's been out there as to why should he be criticizing apple for doing anything. the company is doing just fine. he told me the following just a short time ago. i have great respect for apple's board for selecting tim cook and standing behind him just as i did when i first bought the stock a year and a half ago and there was some pressure on him. but even if you have great respect for a group of individuals it doesn't mean in a democracy that you don't have the right to criticize them for certain things they're doing or not doing. that is why i have taken such a strong stance concerning their not buying back enough stock. purchasing back stock in apple which is so undervalued he says, has always been a no-brainer and made tremendous sense. saying the money would be better spent reinvested in apple is ludicrous when you have $150 billion. these actions are certainly not mutually exclusive. mr. icahn says. give me your reaction.

>> we've learned from the last quarter results of apple that it is as bad a mass marketing company ashe volumes in china and around the world. i personally i'm going to say it now, i would love to know what you think i don't want an apple watch. i want them to convince me why i do and i use apple pay for the first time yesterday to buy a bag of chips on a vending machine and it was incredible it was absurd but incredible. i'm open to being convinced the apple watch might work for someone like me. right now i'm not it. for the mass market question, yeah. a small segment of the market that wants to buy a $4,000 gold watch and fill that demand. >> when you a product that is $349 or $4,000, how do you market the necessity of something that wide a range? i mean, so many different price points, so many different consumers for so many different reasons? >> right. >> if you can't pinpoint one are reason to buy something, is that a problem? >> never underestimate people's desire to show their status. >> don't underestimate that by the way. >> never underestimate it. if you have a choice betwee

assistance from the governments will be there as well apple ceo tim cook. ceos of google, facebook, and yahoo! are all invited and taken a pass. cory johnson is there at stanford with more. >> trish, a big gathering here in the heart of silicon valley in palo alto on the stanford campus. >>some of the biggest names in all of technology, the ceo in the biggest company in and all the world, tim cook of apple is going to be here with remarks within the next hour, ahead of a half-hour speech from president obama to talk about the issue of cyber security. an issue so important to every kind of business, and every company as they get deeper and deeper into the world of technology, is not just the issues of privacy, but of keeping the data safe. and keeping it safe not just from hackers and attackers, but also say from the federal government. that's with attention is here. a number of ceos, mark zuckerberg, has chosen not to come to this event today. those are companies who have had issues come and raise issues with the nsa for going in and taking data without bei

as well. it would be the ultimate mobile device for apple as well. they are refusing to speculate on rumors what apple very often does, it takes projects from the drawing board and goes further and then suddenly shelves them or what have you. a lot of people looking at autonomous or semiautonomous vehicles. a lot of the auto manufacturers are going down this root. it could be a natural extension in partnership with apple or if apple went on their own. they're refusing to get involved in the speculation at the moment. >> thank you so much. greatly appreciate it. >>> coming up new details from texas on the american sniper trial. >>> up next who's on top? new rankings of the u.s. presidents show george w. bush and barack obama, what they have in common. >>> that story, a check on the weather and "snl" ratings going through the roof when "way too early" comes back. ring ring! progresso! i can't believe i'm eating bacon and rich creamy cheese before my sister's wedding well it's only 100 calories, so you'll be ready for that dress uh-huh... you don't love