bertha coombs explains. mr. rivera has had his share of hospital stays which were in a word. >> lousy. >> when he developed a serious infection he was relievedhe doctors offered to hospitalize him at home. >> how are you feeling today. >> pretty -- very tired. >> a nurse administered his ieatment just like the hospital but better. >> manuel's daughter says. >> they have the luxury of a one-on-one. >> they were able to do their jobs like at a fuller capacity instead of having all the other patientsaround. >> and manuel could actually sleep. >> you can go to bedhe you want. an not so many people walking around making noise. >> the mount sinai ceo says the home program resulted in 25% savings on average and they show re cmissions were in half. >> we found patients were happier, costs were lower. outcomes were better. and the patient satisfaction was higher. so on eve metric we measured this was a betteray to deliver care. >> but the pilot program was funded by a centers for medicare and medicaid grant and funding r

bertha coombs has the detail >> the most extensive comments on the company's plans for that censored search engine speaking last night in san francisco, they say google is taking a long-term view about the country. the search engine code named project dragonfly was first reported this summer by the intercept, that generated a backlash including the resignation of some google employees. the chief privacy officer testified before congress last month talking about the project. google wanted to get an understanding from the market from all angles. >> when it comes to china, given our history, our intent was, the reason we did the internal project -- it's been many years we've been out of the market it's a wonderful, innovative market we wanted to learn what it would look like if google were in china. if google were to operate in china, what would it look like what queries will we be able to serve? it turns out we could serve 99% of the inqueryqueries. >> it's not the first time google would attempt to provide information. they previously were in china but pulled out in 2010 they have not

bertha coombs, what's driving the index? >> that's right, sara.n pace for its first back-to-back gains for the month and poised to finish out of correction as a result as is the nasdaq 100 which i'll remind you started the month at an all-time high the large-cap tech is really that -- that sector is the big driver of the day's rally. the day's best big-tech holder, t-mobile, the deal with sprint which beat on earnings the real strength coming from netflix and the faang names though which are all rising on fairly strong volume facebook up after its earnings report and amazon ends the month still in bear market territory, down more than 20% from its september high but substantially cutting its losses for the month. now just down about 20%. at one point it looked like it would be down 25%, and apple is on pace for the smallest losses of the big momentum players. less than 6% below its october 3rd all-time high. apple is rising here ahead of its earnings tomorrow. we'll see, amend a lot of folks, brian, are watching to see whether apple's earnings can

back to you. >> bertha coombs, thank you. >>> let's bring in phil lebeau for a look at earnings thisng starting with boeing and its blowout report phil. >> morgan, not surprising that we're seeing plenty of confidence on the boeing conference call which continues right now. when you look at the third quarter, these guys did just about everything that you were supposed to expect from them and then some. they were beating on the top and bottom line in the third quarter. their free cash flow coming in at $4.1 billion, better than expected, also raising their full-year guidance both in terms of earnings and revenue. here's the ceo on the conference call talking about his view of the market right now. >> we remain confident that we'll hit our total delivery target for the year. as a result, in the fourth quarter as a composite, you should expect to see deliveries exceeding the 52-month production rate. >> and that production rate is for the 737. remember, they had some issues with the supply chain earlier in the third quarter. they have cleared most of those up again, they expect to hit t

. >> i'm bertha coombs atcnbc headquaters. google maps is rolling out a few feature.o includes a new tab showing information abou trip including alternate routes and real time status boards on public transit. so you're going to know if your bus or train is running the update will be available on iphones and android devices starting this week. your cnbc morning business report, i'm bertha coombs. >> this morning, a couple of first four traffic alerts. we havein this problerince george's county causing closures on the beltway and another one in montgomery. more details coming up. >> time to get the puppy dog out for a walk today. if you need a new puppy at your house, a 7 month old and available for adoption at the humane rescue alliance. g you ca to their website for more information. dog walking forecast in the 60si this m but that evening this m but that evening walk could be effected by kaine: my dad ran an ironworking shop. i learned hard work and a trade from him and his workers. then i went to honduras as a missionary and taught kids to be carpenters and welders.

bertha coombs joining us now >> reporter: that's right, brian. apple's top security officers saying the company found no signs of suspicious channels or hacking. apple's i.t. chief says apple has repeatedly investigated and found no evidence from the main points of the report on thursday the article alleges chips inside server sold to appleby super micro allowed for back door transmissions to china in the letter, which was provided to reuters, apple's vice president said the company's proprietary tools are continuously scanning for precisely this kind of outbound traffic. nothing was ever found, end quote. apple said it has not been contacted by the fbi with any concerns apple's letter follows statements from the u.k. cyber center and there is no mention by apple or amazon they stood by the story based on a dozen anonymous sources. this is one of the things, brian, that we were very concerned about. it's exactly what you're worried about that perhaps there is some sort of trojan horse in some of our technology. >> yeah, very small trojan horse. b

. >>> good morning, i'm cnbc bertha coombs at headlines. optimism over the new nafta trade deal has been fading. the dow rose nearly 200 points yesterd yesterday. if nasdaq fell. facebook gains in technology. keep an eye on oil price, today they're at a four-year high with u.s. crude trading about $75 bucks per barrel. they're concerned about new u.s. sanctions on iran. auto sales will start rolling in any minute. the dow closing up 192 points. the nasdaq flipping to 88,037. mazda aims to take all the cars it produces and aims to make them electric by 2030. >> that i join a growing list by making more gas hybrid, plug-in hybrids. mazda says it will rely on gas powered cars as it waited for interest in electric cars to pick up. they decided to rev things up a bit. see what i did there. amazon is expecting to announce plans for a streaming service through its imgb website. the service comparable to roku and voodoo will be available. user content will include movies and more exciting, amazon says it is raising minimum wage to $15 an hour start

pisani following the rally, dom chu with a look at valuations and what's been lost this month bertha coombsill give us an update from the nasdaq and julia tracking facebook. phil lebeau with gm shares sharply higher as well but we'll begin with bob pisani. >> it's been a lousy october but it's going out with a roar i want to show you the s&p 500, what's been happening the last few days we bottomed on monday and moved 118, 120 points since then the dow has moved 1,100 points since the bottom on monday the s&p is up 2.5% watch the beat and up groups when you see them bounce, that's when you start to see some stability, and we're getting it. since monday's close look at semi conductors up 6%. industrials up 4%. energy stocks up 4%. builders up 6% those are the beaten up sectors, outperforming good sign. metals and mining not really outperforming, that's the one underperformer faang stocks are up 2%, 3% so far this week. how about the month of november? are we going to get a better start to november? i think we'll see it we'll see pension fund rebalancing. we have oversold conditions i talked a

. >>> good morning, i'm bertha coombs. wall street set to open higher today. apple and netflix both dropping nearly 2% on negative reports from analysts. today we're going to be watching for reports on home building and manufacturing, plus earnings from goldman sachs, which just crossed, they beat handily. united health care also posting much better than expected earnings. the dow closing down 89 points to 25,250, the nasdaq falling 66 to 7430. >>> facebook expanding its crackdown on false information involving voting ahead of the midterm. the company has done this before, but amid growing tensions with congress and the public, it's promising to get tougher for the midterm election. in 2016, facebook banned posts that provided misinformation on where people could go vote and what time polls opened and closed. now it's also going to crack down on advertising on fake voting methods such as texting or those claiming votes from the primaries will also be counted in the general election, in case you were wondering, of course, those are not true. >>> more young peop

bertha coombs looks at wahl green's mixed quarter. >> the earnings results topped analysts expectatiespite disappointing revenue driven in partpy stronn prescript growth. they say the share of the u.s. prescription market is now about 22% thanks in part to the closing of the deal to buy than 1,900 right aid stores earlier this year. but the firm's chief financial officer admitted the profit margins we down year over year due to lower reimbursement. pharmacy benefit managers andav ensurersbeen driefgt harder bargains on brand name drug prices.to the drug overall retail sales were down from a year ago in part because they purposely z deemph cigarette sales shifting focus. quote we think we have done a good job in terms of shifting the e. sis to become a healthy, beauty, wellness expert. cocoo told us. to that end wah greens expands its relationship about o with lab corp. bringing more blood testing to 6 stores. it's a strategic partnership. though electrically the cvs aetna merger poised to ramp up competition in drug store clinics with integrated offering. >>> coming , is there trouble in t

i'm bertha coombs.oogs is rolling out a new feature to help ease your commut itncludes a new tab showing information about your trip which is alternate roots. you're going to know if your bus or train is running late. the updateill be available on iphones an android devices starting this week. with yourcnbc morning business report. >> it's 5:55. >> the restaurant chain has a loyalty program. >> order online or via the app and earn 15 points for every $1 they spend. thosen person will receive 10 points per dollar. it wil roll out nationally next year. >>hose cheetah cubs are just a few weeks old. look a these beauties. we're told mom and the cubs a doing well and bonding nicely. look at that face. it's socute. 10 cubs have been born at the facility this year. no word on whether w them at the national zoo. >> they're so cute. as we get bigger they're -- >> dangerous. >> right.e they cheetahs. >> this morning an update on the california teen that survived theightmare scenario. >> and we head to break with

bertha coombs is at the nasdaq with a look at some of today's movers. >> hey, morgan we're seeing a broadt rebound with the most beaten down sectors and asset classes leading the way. the chip sector remains in bear market territory but is fairly strong, down 20% from highs. the communication sector and small caps remain in correction. that's where we're seeing the strength this morning, among big leaders, small cap names, including e health, the broker extending gains from earnings last week, hitting a four year high teladoc will expand use and reimbursement with medicare plans with seniors large cap tech and communications remain in correction and are mixed facebook still up, apple ahead of its earnings tomorrow, apple will have a product event and earnings thursday. we're seeing highs slipping a bit, seigal eing alphabet down and amazon on pace for the worst lost in a month in ten years responsible for 20% of the nasdaq 100 losses for october. that stock continuing to weighing down the sector and technically very, very weak, despite fairly good earnings last week, but folks didn't like

with your cnbc morning business report, i'm bertha coombs. ♪ falling in love ♪ with you >> tonight, anothernd of blind auditions for nbc's "the voice." superstar coaches, blake shelton, kelly clarkson, jennifer hudson and adam levine will battle it out to add singers to their teams. and here's another reason to tune in tonight. a singer from this area will be featured during the blind auditions. so find out if that singer makes it to the next round and what happens to this duo tonight at 8:00 right here on nbc 4. they battle it out on that show, the judges. >> they do. and once again, we have a chce, you know? we're going to win. >> we're going to root for whoever it is. >>inrs crossed! >>> let's get a final check of our forecast. lauren? >> oh, guys, yeah not the prettiest of days out there on this columbus day. a lote of peoave off, but the good news is, even though it looks like it's going to rerain weot going to see too much. maybe a stray shower with patchy blue skies, low 80s. hurricane michael, let me show you this track realquick. those winds are at 75 miles per hour. could be a maj

the nasdaq falling sharply again is on pace for its fourth straight negative week bertha coombs is atasdaq and joins us with an update. >>> small caps are a big part of the nasdaq's decline notching a six-week losing streak it's the breakdown in the large cap tech sector that has seen the nasdaq fall down more than 10% from a new record high at the start of the month though the nasdaq 100 are still the only major indices up for the year, earnings have proven to be a negative catalyst. today's biggest losers really stemming from disappointing revenue numbers for the most part, storage maker western digital, that's weighing on sea gate third quarter sales and fourth quarter outlook and, of course, amazon slowing revenues, seeing the stock, also right below its long-term 200-day moving average support level. that breakdown in amazon now means the f.a.n.g. stocks that have driven this market higher -- facebook, amazon, netflix, alphabet are all in bear market, down about 20% from highs. the chip sector is in bear market as well with this week's declines on pace for the worst quarter right

. >>> more on this market sell-off with bertha coombs at the nasdaq >> we are watching here, meg was talking about biotech, bioteches are actually relative outperformers today. they are not down as much as we are seeing in big cap tech the big cap tech is what is leading things, small caps which had been a source of pain for much of the month. and really been big laggards today, not down as much as the large cap nasdaq 100 that's the big drag here at the nasdaq chips are a real source of pain, particular today they are getting hit very hard and they are a bit cyclical as well if you start seeing prices go up, you start seeing some of these tariffs go up, they are among the sectors that are going to be impacted and also concerns, we heard recently, some talk from chipmakers about soft tdemand, we might be in a demand cycle for chips as well one of the things weighing on amd and nvidia, huawei in china, chinese chipmaker, pushing out new ai chips and it looks like that will be much more of a competitive area you're not going to be down this far on the nasdaq if you don't look at amazon

but first straight to better th that -- bertha coombs. >> yeah, tech is leading the charge to the down and it was really all across the board about that the one thing that i would say is when you look at the volume levels, this wasn't panic selling they were pretty much in line with the average we've seen over the last 30 days or so that said, we saw sharp selling accelerating in biotech which is often one of the most volatile sectors. and it is the chip sector that really is driving things south we had negative comments coming from texas instruments about demand that follows reports on soft demand in the memory space so that is casting a big shadow over chips which are used in all parts of the economy. so that has a lot of people wondering is this just a chip situation where perhaps people stuff the channel, or is this more of a problem with the economy overall. we saw new lows for texas instruments and a number of other chip players today none of the components of the m index traded to the up side. and take a look at facebook, we've seen real damage in some of these stocks. you look

but, first, let's get to our reporters following the market bertha coombs in the nasdaq and bob pisani here with the key things investors need to watch ahead of earnings season bertha, let's start with you. >> reporter: precisely the issue. we are ahead of earnings season so no companies will come rushing out and giving you terribly good news or bucking the trend, the feeling that companies aren't going to be in there buying their stocks ahead of earnings either, so that is part of the issue. what we are seeing is much larger than normal volume in tech sells which tells you that there is more conviction in the selloff today, and it's being led particularly by the chip sector which is now down five days in a row. it is off about 15% from highs, and seeing the worst daily decline for the chip sector since june 25th which was also when we saw the big downdraft on the s&p 500. among the big volume losers today, the big caps that are dragging things lower, the usual suspects are there, netflix, amazon as well as microsoft. these have all been big winners for the most part. if you take a loo

competition in the sale of medicare part "d" prescription drug plans for individuals i believe bertha coombsnow as well she'd been following this deal closely, as expected >> largely but it was back on september 27 that cvs and aetna revealed they were making a divestiture to wellcare. there were no terms in the announcement disclosed but wellcare said it was going to be buying it with cash on hand so analysts see this as a win-win it obviously clears the decks for cvs and aetna for their approval this was the one thing hanging up the approval coming from the doj. in addition they also get approval on this from five states at this point -- california, florida, hawaii, mississippi, and washington. they still have to await connecticut and new york has a hearing on this. >> i think you're going to circle the wagons shortly. what you had this morning is basically an internal failure. the various indices came down to areas that we believe would show some support some moving averages, for example, some former lows. then as each of the different indices broke below the presumed support for them, yo

. >> let's get to the nasdaq, bertha coombs is joining us. >> thank you, daifvid. >> we are watchinge big movers and the indi the apple bouncing a bit still negative for the week. they have set an event here in new york city for october 30th and some of the chinese names are coming back as well. meantime, it is really been a story about healthcare, healthcare continues to be the leading sector here and healthcare services and devices among the best performerperform blowing them away of a number of device, procedures up 20% that's better than expected that's in part of the issue in terms of russell 2000. it is the best index this week and part of that coming from the healthcare and particularly biotech names, small cap biotech names >> thank you, bertha >> coming up, jim stewart, he spoke exclusively with eddie lambert of the bankruptcy of sears. alpha seems more elusive today. is it because so many go after it the same way, chasing after short-term returns? instead if getting caught up with the crowd, the investment managers at pgim take a long term view. uncovering opportunities for

. >> tech is falling again after a rough week let's go to bertha coombs >> hey, will the fang names are chips are the performer at this hour. it is not just the big u.s. tech names, despite the liquidity move by the chinese central bank, we have chinese stock fals falling again today all hitting new lows here at the opening and they're among the biggest decliner small cap, their relative out performers but they lagged all year and over the last few weeks over three straight weeks. jp morgan says they are a bit more sickcyclical, they have a d time passing on and absorbing of the high cost of this rising rates of environment take a look at what we have seen with the russell 2000 here when it hits the 200 day moving moving day average and trade below there, it is bull issue. they rallied 8% in february and april they rallied 17% we are close to that level now not quite yet but that's something to watch will >> thank you very much for that. let's have a deeper look on energy prices with jackie deangelis. >> good morning. there is plenty of support still left in this trade the rising rate e

bertha coombs are following all the action >> we are seeing fewer than a handful of stocks trading positivelytheir lows biotech have gone positive for just a second in about an hour ago and small cap is struggling to move up in positive territory as well. that has been part of what helped us. the thing that's dragging us down is you got big cap tech names that produced really disappointmenting revenue lines. that's really what investors seem to be honing on here, revenue and the revenue outlook. that's the story for western digital and electronic health record company, amazon, of course and also alphabet as well which had moved into positive territory for a little bit amazon right now is providing about 48 points of downside negativeness it is just off of that bear market territory intel is the one bright spot in tech in terms of tech earnings it has produced a pretty good numbers and also put a pretty good outlook for top and bottom line intel is in bare market territory. chips have been in the area that have really been struggling and the canarian and the coal line, it has been confirmed by

. >>> we are hovering near session lows bertha coombs at the nasdaq with more. >> yesterday's losersttempting a bounce back we saw early strength in the nasdaq and communication and tech sectors but it has been off and on chips off the highs of the morning, losing ground after the economic adviser larry kudlow poured water on talks with china earlier in the hour. chips crashed after a 200 day moving average they're up for the first time in six days we'll see how long that holds up a lot of the stocks, amd on semiconductor are bouncing, but hit fresh lows this morning. they're still more than 20% off the highs. same story for some of the big faang names which are mixed in trade. sara, back to you. >> sort of an unconvincing bounce thank you. >>> don't go anywhere. we're all over the market selloff. on "closing bell" we speak with donald kohn. an interview you don't want to miss ♪ to err is human. to anticipate is lexus. experience the lexus rx with advanced safety standard. experience amazing. >>> welcome back to "squawk alley. i am jackie deangeles, build in crude oil stocks of 6 mil

bertha coombs joins us with more. >> the russell 2000 crashed through its 200 day.hat's long-term support some analysts at oppenheimers were watching that the russell 2000 often outperforms in the six to 12 months after but part of the drag we've been seeing on small caps, especially here at the nasdaq has come from biotech names. the nasdaq bio tech index hitting that all time high by august, down nearly 10% from that it's just coming over the last couple of weeks here in october, and some of the biggest russell and ibb losers month to date, biotech names, momenta pharma down, intercept down 18%, a lot of those with double-digit losses among the small cap winners it's more of a mixed bag. there is a pharma name in there, amag pharma up 12% here in the nasdaq a mix of consumer names and energy names, at least month to date, they've done pretty well as you guys have noted there are some concerns down the pike for some of those energy companies when it comes to debt. back to you. >> let's pick up on that conversation another bad day for the oil market here. we are nea