baidu has been fortunate in a couple areas.s better connections and moderation than some of its popular rivals. itsas also benefited from netflix-style streaming service, which has really gone up. all the costs are up. haidi: does this mean that baidu is over, let's call it a challengingperiod, turbulent few months? it's really difficult to say. baidu is a company that remains in transition. only recently started shedding units that do not make any money, such as food delivery, and really concentrated on its usingwhich is technology, artificial intelligence to try to make money. if you look at things like the manufacturing of driverless car's, mass production is still a least three to four years away. i think there is still plenty of uncertainty at baidu to come, but this set of results is a good sign things are still in progress. haidi: thank you so much for that. taking a look at the baidu results in beijing. some counting down to major market opens on the first day of the month in the asia-pacific. let's get to sophie with a

baidu and hyatt hotels are in the spotlight. baidu shares beat estimates on profits. all about the mobile ads that adjusted profit. that is on the growing amount of revenue, coming from mobile that is affecting the bottom line. the ceo says they are happy with the second quarter earning, coming in strong. ,ales jumped to 26 billion yuan $3.9 billion u.s. the estimates are good news for the internet giant, which has been under pressure due to the steady business. and a lot of competition. let's go to the big picture chart. the story is about the growth in have thate app they has activation trends, and they are seeing high monetization visit -- potential. they see three quarter coming in 4.03. 2 billion to is positively against the analysts' rankings. of3 and 18 is an estimate $2.43, that came in strong. second quarter active online marketing customers have grown about 9%. the per online marketing --tomer rue about 16%, and grew about 16%. a strong quarter in the makings for baidu. the shares are trading flat after hours. they have mixed reports. that is a gauge in the

they're doing sales with qualcomm and nvidia, baidu do you think they're poised for a comeback >> i'ven on the comeback bandwagon since the mid single digits that last quarter was not stellar, and that brought the stock back to earth. but i'm with you i think there is value here. i would not sell it. google wants to solve all of your problems. and that's why it continues to lead itself higher, along with the rest of fang there is much more "mad money" ahead. i'm telling you how danaher's decision to spin off its lackluster dental business could be best smiling. could today's drop push pause on the move i'm not sure let's talk to the ceo. and rapid-fire, tonight's edition of the "lightning round. so stick with cramer ♪ you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. add-on advantage. with tough food, your dentures may slip and fall. new fixodent ultra-max hold gives you the strongest hold ever to lock your dentures.

when you look at baidu, which competes with googling, one of the things that always makes me confidentin the american system, is you'll have reports of people paying baidu to rank their search, rank corruption because of the state-owned control. and i think our belief in ordinary americans, as you put it so eloquently, is what's going to give us the comparative advantage. also want to thank will marshall who has welcomed new ideas, new vision. we always don't agree on every specific, but i'm still a liberal in the john stuart mills sense which is that if you debate ideas, ultimately you get better ideas. and i think the worst thing liberals can do is to adopt a group think, which is what republicans have done. i think what it means to be liberal is to believe in a robust debate of ideas, and you have really been committed to that. just quickly if i could recognize my two colleagues, john delaney was very helpful in crafting the earned income tax credit legislation and helped to get a coalition behind that, and the real force, of course, is your wife who everyone in washington knows. so

alibaba, tencent, maybe by do -- baidu.have multiple revenue streams and a business model that is better than facebook's. scarlet: we often talk about how facebook is not exposed to president trump's trade war. is that accurate that they have no presence in china because of the band and the regulatory moves are not linked to the trade? porter: they are only in qualcomm and there is a token. david: the actually just created subsidiary. julie: i think they got shut down already. i think -- david: i'm behind on the news. ok. not pass.t, it did david: you are on top of this. julie: [laughter] scarlet: we have results from ford to report. $.27d quarter is an eps of trailing the consensus estimate of 37% -- 31%. -- $.31. here is important one that ford has cut its full-year earnings per share outlook. it seized $11 billion in restructuring costs over the next three to five years. this resulted in a drop of after hours trading in about 3%. the center of every tough thing going on right now. trade, increase in raw material costs, m

. >> chipmaker analog devices is teaming up with chinese tech company baidu, and the company will sharees by new autonomous driving system. >> the shares rose than 9% to 54 while it was down a fraction to 261.25. boeing said that strong demand with its737 jets helped deliveries for the first half of this year rise bye man 7% and that was more than double the deliveries who rival airbus during the same timeframe. boeing rose 1.5% today to 347.16.al and thestreet journal says the european union may hit google with a multibillion-dollar fine. officials believe that the tech giantal ill views the dominance of its android operating system. shares of google parental fabbet were off a fraction to 1167.14. >>> companies are repurchasing stock at a record pace. according to a recent report from trim tabs, public companies announced more than $435ecillion in thed quarter and apple announced the big of the buyback at $100 billion. j.p. morgan and citigroup announced buybacks with the stress test and nike with the $15 billion buyback rounds out the top five and joining me to discuss this is the chi

the next step of the experiment, you would turn around and look baidu and we would network a -- lookerson into behind you and we would network . second person into vr . and you would learn to walk a mile in someone else's shoes, literally wearing their body and experiencing trauma and racism while you become them. and in chapter three of the book i go through every study we have done and other labs have done, to understand the effects of it. virtual-reality outperforms control conditions. the gold standard is role-playing, imagining you are somebody else acting it out, role-playing somebody else who would be prejudiced against you. what we have discovered in many experiments over 15 years, virtual-reality outperforms role-playing, watching a video, case studies, and it doesn't just change attitudes, change his behavior. to just relyt not on self reporting. we also would want to be better people, kinder and more compassionate but it is really hard to change your daily behavior, so we always look at how behavior changes. for example, and a study we just published, half of our participants r

they have no and look at baidu in china. it is the same thing.ust put a couple thousand dollars per car, multiplied by ae number of cars -- it is map for the market. i think you are getting that for free on the google side. some of the key components of automated vehicles, you see that manifest in the research coming out. you were doing this kind of statistics before most people . now there's a lot of competition. jamie: we are a moving target. we try to keep ahead of the competition. .i will be a big theme this is the fourth year we have had a large woman's conference. this past year -- we are excited about that -- emily: i like to hear that. competition is good. we learn, we listen, we watch, we pounce on it. we have a lot of fun in california. people love coming down for couple days. our guests stay. we were great with eric schmidt. he met with everybody he could. he saw evan spiegel at a local university. that's pretty typical. people staying gauged. they do not come into the green room and leave. they talk with the odds were north and coach

the first top-tier companies like baidu or tencent still have some ongoing activities, but compared to a year or year and a half ago, it has slowed down. selina: in terms of the committee on foreign investment, -- are yous concerned about the impact of that on the dealmaking landscape in general? for us, we get 99% of our capital from u.s. and europe, so it doesn't really affect us, but i do think some startups do have if new backers have chinese government money. they need to be very careful. there is no question that cfius is slowing down a lot of m&a activity, particularly around semiconductors and core technologies that a lot of chinese companies have been coming to silicon valley and buying. selina: i spoke with several entrepreneurs who are willing -- worried about this chilling effect. they say raising money is already difficult enough for startups. if there is a chance that it could be rolled back by cfius, they don't want the money at all. there's the possibility you take in money now and you have those chinese investors sell out in the secondary before a merger. that's possib

and look at baidu in china. it is the same thing.ob in the, and he , about when lee that will be come and he doesn't know, and he is the ceo. you just put a couple thousand dollars per car, multiplied by the number of cars, it is a huge market cap i think you are area i think you are getting that for free on the google side. some of the key components of automated vehicles, you see that manifest in the research coming out. coming out of companies down there. emily: you do the montgomery summit every year, you were doing's them it's like this before most people were. now, there is a lot of competition. what makes montgomery special? jamie: we are a moving target. we try to keep ahead of the competition. this year, anderson, quantum computing, i think it is closer than people think. ai will be a big theme. this is the fourth year we have had our large women's conference, we had over 400 women there last year. emily: i like to hear that. jamie: i love competition, competition is good. we learn, we listen, we watch, we pounce on it. they

i would argue, look at tencent and alibaba and baidu. are the company's xiaomi will compete against because if they want to get their profit from advertising, they have to compete against tencent. tencent is in every chinese persons hand with we chat and xiaomi wants to do that, as well. and they believe the ecosystem gives them the edge. people are skeptical. does that give insight into user behavior to sell ads? that's what people need to ask. the other side of the internet business is, they do have a gaming business. that competes with tencent. can they compete against tencent, baidu, alibaba, even all these other internet companies in china? if you believe they can, maybe xiaomi is a good company. if you believe they will struggle, you should be skeptical. haidi: this is a company that has a reasonable arsenal. is it enough to how much it spends on r&d? tim: you know what, this is a really tough one, especially with the global trade war going on. xiaomi does leverage a lot of the technology developed by outside companies. their chips

the answer is it's sell, sell, sell we're not recommending any chinese stocks other than alibaba and baidunnsylvania >> caller: how are you >> good, how about you >> caller: good. i bought a large amount of merck and i'm very happy with it i had the opportunity to buy more now may i have your opinion? >> i think merck has the best anticancer portfolio right now the company is not very promotional. i think the stock is a good buy with a 3% yield. so i'm going to bless that one i think you should buy more. jason in michigan. >> caller: cramer, booyah from rochester, michigan. >> holy cow, i didn't even know it was there what's up? >> caller: hey ibm has been frustrating since their last earnings report >> true. >> caller: it's near their 52-week low right now. is it time to average down on big blue or should we wait until next earning >> the stock was bought at 140 just the other day i think you can buy some here and buy some lower, if the yield is 4.4%. i think it's going to be an okay quarter. rick in illinois >> caller: jim, i am so glad to be talking to you. >> same. >> caller: thanks, b

look, i'm perfectly willing to go out there and predict even alibaba and baidu, but this buenos airesny is too hard for me steve in kansas, steve >>. >> caller: hi, jim thanks for taking my call. my son's 401(k) are invested in cern they report earnings on august 2. historically they drop on earnings what are your thoughts on cerner. >> they drop and then they seem to go higher so to me, the case if you want the buy more, just get ready to buy itwhen they drop on earnings, otherwise ride it through. it is a very successful company that does reduce the costs of health care to the american people, including the actual federal company. all right. this earnings season has quickly turned into a confusing one. notice i didn't say bad. confusing. sure, there are more winners out there. but these interest stars that i think are placed to go they're all remarkable, and this one, dr. lisa su, congratulations. >>> i'm digging into nxpi's decline. you don't want to miss this. >>> them lam research spiked after earnings it is down 2% today. i'm going to bring into focus what lam is saying by talki

or possibly baidu. so we built this thing, it's in the book, it's called the a.i.canvas, and we have found this a very useful tool for getting companies started with a.i.s. and so what we often do is let's say there'll be 50 people in an off-site, and they come from all parts of the company. they're usually vice president level and above, and they sit in tables of four, and halfway through the day they go into these breakouts, and they fill out this page. and very often this is, there are -- the whole set of people, not a single person in the room has ever written a line of code. so they don't have to have any technical background, but they simply go through their work flows, and they pick out tasks, and they say, okay, what if we built a prediction machine, and this is the prediction -- so they specify the prediction -- and they say with that prediction here's the human judgment that would be applied to the prediction. this is the action that the prediction motivates, and then here's the outcome that will result from that. and then the training data, the data we u

and it just crossed the wires that analog devices will be collaborating with baidu for research vehicles they continue to develop these vehicles worldwide we're seeing more and more of these types of collaborations. >> very interesting especially in the face of those raised auto tariffs in china to 40% for the u.s. phil, you raised the question of cost i think that's one thing people want to know how tesla is going to pay for it there's a lot of critics out there. >> yeah, they ended the quarter with $3.2 billion in cash. and elon musk has said repeatedly they do not need to raise capital. but the important word is need the other question becomes is it omore comfortable position for them now that they've announced this plant many believe that's the type of cover tesla needs to say, okay, we're building this plant, we're going to need more cash, therefore we're going to do some type of capital moves. >> phil lebeau, thank you very much the stock actually went up on the news >> stocks up 16% in three weeks since right before that earnings report i do think you have to have some healthy ske