i'd like to say upfront that i'm not a fan of sports bet be. -- sports betting. i have grave concerns about gambling in general and sports betting in particular. there's no question that sports betting like other types of gambling and addictive behavior has ruined far too many lives. and to those dell terrous social effect, the threat sports betting poses to the integrity of the game. and you can see why the prohibition on sports wagering in the professional and amateur sports protection act passed the senate 88-5. i authored this legislation and fought tooth and nail to get it passed because i knew without it, sports gambling would rupt the integrity of -- corrupt the integrity of the game. despite these views, i'm also a realist. with a nearly $5 billion annually in legal sports wagers in nevada plus an estimated $150 billion a year in illegal sports wagers in the united states, we can't put the jeannie back in the -- genie back in the bottle. prohibition is not a possibility or prudent path forward. instead, now, that states are free to legalize sports betting

and your winnings go directly back in your wallet and then you can you know really bet and you can bet on any sport right now it's a soft launch it launched last wednesday so it's only available actually for android users at the moment but i phone users and other platforms it will be available for those as well according to the borgata and m.g.m. . m.g.m. is the first company to have both physical and mobile sports sports books available and so that's the looking to be ahead of the game in terms of taking over there and so you can download it here not that i was going to use the geo tracking got to be physically in new jersey in order to but you can download it anywhere but you have to bet physically in new jersey at the moment yes christakis thank you so much pre-shared all the information. and that's it for this time thanks for hanging out with us you can catch boom bust on directv channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. the free t.v.'s channel one thirty two ers always can find us at youtube dot com slash boom bust r.t. s

and now we move to sports betting it's a topic we've covered before in light of the u.s. supreme court decision to allow such betting back in may we thought it was time for an update plus there's now a new way to bet you could do it on your phone our team sports correspondent steve any up the details give us deal with the details on what's going on is it taking off steve it really is it's happened very quickly you know since may you know just a few months ago there's already now four states including about of course new jersey delaware mississippi mississippi coming just this month in august and new jersey and delaware jumped on a pretty quickly in june and they already have some impressive numbers delaware being a very small state you know population under one million they generated already fifteen million dollars in total bets that in about one point five million now new jersey four million dollars in revenue revenue in their first month alone but since the launch they've generated over forty million dollars in bets you know over seven million in revenue so it's really

nationally for online betting companies based in other countries. recognize home in effect we have an unregulated sports gambling market in germany particularly online and these companies are more or less free from government restriction is that. the sport betting companies see the situation differently they consider such regulations outdated and argue that stricter rules would scare away their customers or is it that they'd endangered their business model the industry generates millions for both the gambling businesses and for the government which also offers sports betting and profits from the resulting taxes profits in germany have risen sharply in the last five years from eighty four to three hundred seventy six million euros. a lot of that money comes from gambling addicts for serial gamblers it's best to have their access to betting companies blocked and to avoid registering elsewhere. shift says unregulated risk. and now short and sweet the ship snapshot. indonesian animator walked huey flounder to take a piano loves his old mac computer so m

with gambling you basically have the betting shop in your pocket accessibility is an important factor with addictions calls. compulsive gamblers don't have to go out or do anything or go anywhere they can play anywhere in the world. her greatest criticism is the lack of protection for gamblers in germany there's a nationwide gambling pact that is meant to prohibit gamblers from excessive betting experts however criticize that these legal regulations are ineffective especially for online betting companies based in other countries. in effect we have a regulated sports gambling market in germany particularly online and these companies are free from government restrictions. on. the sport betting companies see the situation differently they consider such regulations outdated and argue that stricter rules what scare away their customers or is it that they'd endangered their business model the industry generates millions for both the gambling businesses and for the government which also offer sports betting and profits from the resulting taxes the profits in germany have risen sharply in the

or two about soccer but the bets and so did his losses within just two months he gambled away twenty thousand euros gambling addicts. on the phone or at the computer. because the next. it's just to get money again. it's a vicious cycle. point . unproblematic twenty four point. seven percent are especially at risk. those in touch with online gambling you basically have the betting shop in your pocket accessibility is an important factor with addictions calls. compulsive gamblers don't have to go out or do anything or go anywhere they can play anywhere in the world. her greatest criticism is the lack of protection for gamblers in germany there's a nationwide gambling pact that is meant to prohibit gamblers from excessive betting experts however criticize that these legal regulations are ineffective especially for online betting companies based in other countries. in effect we have an unregulated sports gambling market in germany particularly online and these companies are more or less free from government restriction on. the sport betting companies see the situation differently they co

they love betting favorites. they love betting overs. they love scoring.e nfl works. john: how much do you put emphasis on odds? if you have a betting house in jersey, the odds will be skewed to the home team. they will all bet on the giants or jets or whoever the home team is. it will skew the odds because of the amount of money going. you saw it last year with the las vegas knights. the betting almost broke bookies. how much emphasis do you put on the odds? >> you will have an east coast and west coast bias. the eagles, the giants, the ravens, their futures will be much lower because everyone is putting money on them in atlantic city, at the meadowlands. out west, teams like san francisco, the rams, their numbers will be different than they are. john: real quick, don't have a bunch of time, you have been so good at predicting stuff, i want to ask you, boston is a 4-1 odds of winning the world series and the new england patriots about 6-1 depending which house you go to. who wins the world series and who wins the super bowl? not to put you on the spot her

[applause] you bet. we can close and lock that revolving door. we can do that. we can protect the right to vote. we can reform our elections and government. we will have to fight uphill all the way, but we are not without power. we are not without hope and we are not without motivation. [applause] let's get in this fight. i have never been afraid to be the underdog. i believe that together, we can save democracy. i said there were three things that keep government from working for working families. lots of money, rigging the rules, and the rich and powerful profit when government does not work for working people. they have learned that the best way to stop us from changing the system is to set working people against each other. they have become the x were at -- expert at the politics of division. it might be the one thing that donald trump is really good at. that and kissing up to dictators. [laughter] [applause] you bet. trump and his pals tell the story about what has gone wrong with their lives. this

app.e take -- sports book people take bets.rg. ♪ oomberg. ♪ scarlet: "what'd you miss?" online sports betting has arrived in one state. the nfl season kicks off in two weeks and draft kings moved quickly striking a partnerships and taking bets through its mobile app in new jersey. the ceo joins me now. jason, great to see you again. draft kings is the only company with a mobile app in new jersey. how big of a market advantage does it give you? it is just a few weeks. i think a lot more will get in and i'm certainly proud to be first. the team worked really hard and we worked on it for about a year before it was launched. scarlet: you are well prepared for this. by the time we got the ruling itself, you had about six months plus spent on developing a sports gambling product, right? jason: we started almost initially after they said they would take up the case. we have been working on it for almost a year. it was very much an all hands on deck type thing at the end. the team was working every night and every weekend to get it out

>> you bet it is, but good thing mike ko has a way to get in the stock for less than $20, and -- it's apple's best month of the decade but if you missed a move we have a way for you to get long for less it's time to risk less and make more the action begins right now. >> and we start with apple the tech giant posting its best month in nearly a decade the stock soared more than 19% adding $180 billion in market cap. that's the total side of a company like coca-cola and citigroup. if you missed the move, how can you get in now let's get in the money right now. mike >> so, obviously with the stock trading very close or on its all-time high i'm not going to encourage people to rush in and buy the stock here, but the valuation still looks reasonable as far as iphone sales don't take a big downturn. we do have a catalyst coming up and we have product announcements and that could be a potential catalyst to move the stock one way or the other and people seem to be absorbing the news pretty positively and the best way to do is to buy the call spread and that elevates the premium options a litt

one could say this is a trade where we're betting on a range-bound market, but also i'm betting on maybe's more likelihood we could see the market trend lower rather than substantially higher >> dan, what do you think of mike's strategy? >> really interesting trade because he matches it up with technical stuff. i'll let him speak to it, but for the last three months, this etf has been trading between 160 and 170. mike skewed a little to the down side, giving him more room for that but he's playing for the next two months we have more of the same this is a good way to collect some premium. >> this is independent of charts we know everyone is waiting for a couple of things most notably, what might go on what's reported by people investigating certain things as well as the election we're in a seasonally weak period, august, september, october. and the market, especially small cap, being up 10% year to date versus large cap it's not consolidated. you get equilibrium after a strong advance we're only two months into it. you can consolidate for another month or two. >> yeah. if you're taking a

>> i like the -- i'm making a bullish bet. i think it is walmart, substantially higher about a year ago trading about 18 1/2 times earnings but looking at 7.5% year on year eps growth. they seem to be doing a couple of things right. i like buying the october 90 calls. selling the october 100s at 50 cents is maybe the only thing i'm a little concerned about as a percentage of the current stock price, not collecting a tremendous amount of premium, but i also do agree with you that a strong rally through 100 is a little bit unlikely, more than a 10% move here this is a fairly stable stock. >> it is interesting, the level that you target, 100, that's the level from which the stock gapped down, like, you're looking for a gap. my point of view, we know this has been a big laggard look at kroger, maybe that's a -- costco, the issue is the lagging nature of walmart, sometimes that is -- or is it a problem? i'm in the latter camp i think the stock belongs here the other thing that is curious, if you look back it typically doesn't move

one could say this is a trade we're betting on a range bound market also i'm betting there is more likelihoodcould see the market trend lower rather than substantially higher >> dan, what do you think of the strategy >> interesting trade he gets to technical stuff i'll let him speak to the etf has been selling between 175 and 170. give him a little more room for that he's playing for the next two months we'll have more of the same this is a good way to collect premium. eight it makes sense this is independent of charts. we know everyone is waiting for a couple things, most notably what might go on in terms of what's reported by people investigating things as well as the election we're in a seasonally weak period, august, september, october. the market up 10% versus large cap, it's now consolidated under performing having been outperforming all year you get equilibrium after a strong advance after a big move you consolidate. we're only 2 months into it. you can consolidate another month or two >> if you're taking a look -- if your platform allows you to see what the implied volatility is and h

i bet the ceo gives you a good quarter, more importantly, i bet you she gives you an excellent holiday forecast look, they can't all be winners. i bet we're going to get a hideous quarter from campbell's soup now has a tortured balanced sheet to go with its slow sales. there are many vultures circling who believe the company is going to put its stock up for sale even if they do sell, you won't make any money if the stock keeps sinking while you wait for a deal after the close, i got not one, not two, not three but four names i like ultra, yes, ulta beauty which is fantastic. and su uora. the bears are worried about some of the tariffs on their makeup i think it will do quite well. by the way, the more trouble jcpenney gets in, the better it is for ulta because penny has a ton of sephora's in its stores and that's ulta's biggest competitor lululemon is doing great maybe the stock will end up having run too much going into the quart ir if lulu goes down, this isn't a go to name on weakness it's such a strong story the software -- their software helps combine all cloud needs on one conver

betting technology.about to face a brave new world when football season kicks off two weeks from tomorrow. here in studio ahead of the first football season where legal sports betting has been green-lit, draft kings ceo jason robbin, this has to be a dream come true. >> pretty exciting time. i honestly thought this would take a lot longer than it has. it happened faster and really just excited at the opportunity to be able to offer new products for our customers. liz: thank goodness for new jersey. new jersey was the state that really fought for it and got it approved so states can decide, correct? >> i think they lost seven times and kept at it. really amazing they just pursued this. it was about five years, i believe, the whole process. eventually they won. it went all the way up to the supreme court. liz: tell us what this means in two weeks for you. you already have ten million registered dealers, right? registered players. you also have, what, eight and a half million downloads of the app. are you s

, maybe bet the republicans keep control of congress >> is that a sleeper bet >> i think so.eople expect the democrats to take some stuff back >> i think it will be surprising people have surprised us the election season feels like the british soccer season. it never ends. there's a final game, the next day the season begins. >>> we continue to follow tesla. that company is planning to meet with financial advisers next week to explore the possibility of taking it private but the board may ask elon musk to recuse himself from the process. joining us on the cnbc news line who broke that story last night, alex sherman we have to stop seeing each other. excellent reporting. you moved the stock, and this is a move that's expected to be around this potential transaction, not the board entirely, correct? >> that's right. yeah hardest working man in show business there with you, around the clock coverage >> that's you. >> the interesting thing about what we're reporting is it seems as though tesla is trying to standardize a non-standard process. in terms of how this theoretical deal

vonnie: speaking of betting, you can place bets legally now in new jersey. have you placed a bet?randt: i have not placed a bet. it's against the tour rolls to bet on golf so i stay away from it. i got a lot of text on sunday night after i won from people who had made money off me sunday. i hope i see some percentage of that or something, but it's good for golf to be here in new jersey and to have that avenue for fans who follow us and enjoy watching us play. vonnie: speaking of bendable tournaments, three weeks till the ryder cup teams. i'm curious as to who you might put in before last spots if it were your choice. brandt: the ryder cup is so important out here on tour, be in paris and away. the guys who are not on team are trying to make a last final push to impress the captains that they want to be on a team. we've got four weeks to do it and show them how good we are playing and how bad we want to be a part of that team. i've been fortunate to be on two of them, winning one and losing one. you never want to miss that again. hopefully my play keeps the way it has been the last

your best bet to get around this will be ton san mateo bridge.f you drive down 101 and take the san mateo bridge it will be the best way to avoid all of this mess. you're stuck in traffic for at least two and a half hours. >> that is wild. it will be a really rough day f for a lot of folks. >> you should come back from vacation. >> the weekend is always a friend. >> it is. >> it is always within view. even on this monday we talk about our weekends and we get ready to head out the door. it will be in the mid-90s heading throughout the week. as we look at our inland forecast it's not really going to cool off that much over the next several days. by saturday and sunday we are only coming down a couple of degrees from today. keeping the cool temperatures. so if you want to get out of city and head somewhere it will be warmer and you'll have that option as well. getting a look at our forecast heading through the next several days looking at some mid-80s. if you're planning to go to russian river valley for the weekend it will be hot, 90 on friday and

against tesla stop it's the most bet at one of the most bet against docs in the us market and there's a lot of people who expect this company to come crashing down and i bet a lot of money against them you know that gets to my next question then is this really sustainable i mean you talked there a lot about about the negative side of this the money they're spending this problems with supply lines you know is this a bubble that's going to burst well i mean it's sort of the tesla story is part of our story of where we are in the world right now there are so many different bubbles that we're and we're in a real estate bubble or in a technology bubble and tesla sort of in caps encapsulates one of these bubbles now the way that they can get through this is if they actually just focus on building cars and delivering and meeting their demand and that is clearly the best way to run this company if he can meet the thousands of supply orders that he's already registered and give deliver those cars to consumers then you can see if a foreseeable run rate for tesla to survive but this is a company

all told it's a massive bet against treasury the like we've never seen beforement they're all bettings are going to rise. and that's the problem sure, very basic understanding of economics tells us that bond prices need to go down be. let's complicate that with a basic understanding of markets first, nearly investor has the same examination when most of them have already taken action on that belief, then it's baked. in garner is pointing out a very important idea here. if an investment is universally loathed, that often means it's done going down because everyone who was going the sell has already sold in short, she's wondering who the heck is left to sell u.s. treasuries here? second, when you have a massive net short position in anything, it sets you up for rebound at some point in the future hey, think tesla, right? because sooner or later, the short sell groergs s are going o ring the register. basically, garner thinks this trade has gotten overcrowded that's key term when you talk about short selling. overcrowded. and when the shorts are unwinding their positions, therefore it's

, just safe >> it's a relatively safe bet if you're looking for what josh was talk iing about. that's a move to the upside, but perhaps not hold on to your shorts this thing is going to be a rip roarer right here. >> the fog hat trade not tog tob confused with the fog horn leg horn trade. >> i say, listen we're in a pretty dull period here taking aside the technical sis, which was good and well given. we had jackson hole, little else to sink our teeth into it's the second half of august which is a low liquidity, high volatility day if this were any other time, i would say the half percent to get to a new record is easily in the bag, but it might take longer because there isn't that fundamental news out there what we have this week is housing starts and existing home sales. >> why does there have to be a fundamental development? don't stocks trade in ant anticipatianti anticipati anticipation, also >> yes, but are you going to deny the economic news if you have an important jobs report, an important gdp number, that that doesn't move stocks >> that's not what i said. i said you

who would bet against amazon?dd to dr's point they're using that technology to get into things. getting into supermarkets that is very fragmented. if they get with the whole foods purchase, increase share in the supermarket business it gives that company -- susan: way to develop meal kits. they go in with ease, picks it up, use amazon pay, leave the store. all encompassing ecosystem. stuart: bring this in about tesla. a shareholder lawsuit claims that tesla made false statements about model 3 production. that lawsuit has been dismissed. a small victory for tesla but a victory nonetheless. the stock's down five bucks on that one. what have we got here? >> playing tesla. stuart: 313 on tesla. that stock doesn't get a break. in a huge upside market and that stock goes down. susan: i'm doing a lot of thinking on tesla, whether you view it as car company or a technology company. i view it as technology company. ashley: or battery company. >> arc investments, in tesla. it could go to $4,000 a share if it takes advantage

against tesla stop it's the most bet at one of the most bet against docs in the us market and there's a lot of people who expect this company to come crashing down and i bet a lot of money against them you know that gets to my next question then is this really sustainable i mean if you talk there a lot about the about the negative side of this the money they're spending this problems with supply lines you know is this a bubble that's going to burst well i mean it's sort of the tesla story is part of our story of where we are in the world right now there are so many different bubbles that were and were in a real estate bubble or in a technology bubble and tesla sort of in caps encapsulates one of these bubbles now the way that they can get through this is if they actually just focus on building cars and delivering and meeting their demand and that is clearly the best way to run this company if he can meet the thousands of supply orders that he's already registered and give deliver those cars to consumers then you can see if a foreseeable run rate for tesla to survive but this is a comp

now he is one that bet. --rivate one that going private would have been a reckless thing if you not one that bet. happiness inave having small retail investors. he does not want people to short him. it will be interesting to see if he is able to a college what he wants to accomplish given the complexities of going private. scarlet: let me ask you a dumb question, is there a way for him to avoid being shorted at the public trading company -- as a public trading company? rett: i don't know. if you could make your stock not borrow birth -- borrow bowl -- borrowable maybe? julie: or to make the stock price too high that it is painful. rett: right. he is railing against the shorts and calling for the short squeeze. he is trying to get the shorts out of the stock. scarlet: yesterday was a good example. with musk, his sentiment is shared by a lot of ceos. they're not maybe a static about it, but we have seen that's going back ipos. some of those folks have structured the share ownership in a way that they retain. w

these guys are sort of betting the economy stays reasonably good they're not betting on a recession or they're betting on the economy continuing to be good. you're in hard scape retail. you've got to assume unemployment stays strong, and rates don't go too high and the fed doesn't mess it up so they're betting that the economy stays strong >> okay, thank you very much, guys >>> trouble in turkey, the concern really goes beyond the mediterranean sea. may be contributing to an emerging market malaise. >>> and a new lawsuit has investors not feeling the love for match group and parent company aic today. ahead we'll tell you the details and the fast money traders on whether or not match stock st. worth the heartache. we want to hear from you as well we're ckn coleba ia up we just. we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me

and if i were a betting person in covering president trump, i am not a betting person, but i would bet we would see a bit of it going forward overall all o these funerals and celebrations of senator mccain's life. >> if you bet, i'm going to bet with you. you're as good of a trump watch eras anybody. >>> general petraeus, i want to ask you to pull the thread ashley raises. the reason it is difficult for him is that donald trump doesn't recognize what animates john mccain because there's no capacity to relate to it. i mean, john mccain is someone, as you said at the top of the show, who would rather lose an election than lose a war. donald trump is someone who is at open war with the intelligence community. he just stripped the security clearance from john brennan. you signed a letter in defense of john brennan. how dangerous is the treading on national security nor an american president right now? >> well, it's concerning, but i would point out, i think, that the institutions are very strong and very robust. >> really? rod rosenstein doesn't know if he has a job from day to day. >> you

to me, i like this trade and it could be a bearish bet or a hedge.any you're looking at the current stock price that typically moves at 7.5% just on earnings >> why would aren't you be using options? >> why are we using a spread, most specifically and we want to offset some of the decay that you're going to get. so i happen to think where the options markets are presenting an opportunity that we have not seen in the past. >> microchip today down 11% and intel on its number, most semis, despite what they've said have acted poorly in response to their numbers. >> morgan stanley, i think it was yesterday in a negative note and you mentioned intel. i hear what you're talking about. we have much more options action coming up. here's what's coming up. >> describe your perfect date. >> a tough one i'd have to say april 25th because it's not too hot, not too cold >> or, how about making money on the online dating site match if the stock goes up, down or nowhere at all, mike ko will break it down. >>> plus -- calling all options action fans. reach into your p

you bet. [applause] i get it. it will not be easy. we are going to have to fight uphill, but i am going up that hill and i hope you are as well. i hope that when you do, you will reach your hand out and bring someone else along for the climb because we can only make it up that hill together. tot is why we cannot afford waste our time arguing about who is fight matters the most. it is one fight. we had to stand with one another for one another. [applause] embrace the unshakable truth that an attack on one of the is an attack on all of us. you bet. [applause] i get it. the republicans will continue to practice the politics of division. they will keep right on attacking anyone who dares to end up to the rich and powerful. they will call us every ugly name in the book. nevertheless, we will persist. [applause] now the pundit will say it is impossible for us to build a coalition that cuts across issues and communities. they will tell us that democrat have to choose between being the party of the white working class and the party of black l

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treasuries, people are shorting treasury, betting rates will go up a lot of people are betting the dollar rally will continue this is a tightly wound thing. lopsided positioning u.s. markets have been holding up well because the u.s. is the place to be. people have been talking about strong earnings in the united states we have been outperforming the rest of the world. we've also talked about the gdp growth the title wave of buybacks, dividends. the impacts of the tariffs being limited. and when they sell tech, they buy value and go back into the technology stocks. that's kept the markets up because we're so tightly wound and have new highs in stocks, big bets on rates going up and big bets on the dollar going up. a lot could go wrong we could get rate hike surprises. tech vulnerability the trade wars could be more serious. margin pressure could happen if we see an acceleration in inflation, decelerating earnings growth could happen. none of this derailed the markets yet. but when we're this tightly round, so many extreme positions, little changes can result in big moves in the markets. c

, what i'm betting is, this double top takes us back to trend.ou don't set up for a breakout in principle when you first approach the former high let's move on. so two stocks, one i like, one i don't like we'll see how they go, they both have numbers coming up to my eye, this setup is the following, well defined tops higher lows, and working into the prospective breakout juncture look at this, not at 52 week highs, if i were to put in the lines, all it is is a rally back to the top, from which it's failed, failed, failed, i'm going to make the bet again. children's pace on the short side >> carter comes over. >> does retail correlate to -- >> it's the second best performing sector. the equal weight sector is only up 4 1/2 that's a big spread. 4 1/2. >> that's an don driven? >> xrt is equal weighted that's the point of that particular etf it gives you a broad swath without the skewing associated with amazon. retail in general has been great, but it's not any better than the market if you look under the hood >> right karen, do you have a question?

against tesla stock it's the most that it one of the most bet against talks in the u.s. market and there's a lot of people who expect this company to come crashing down and have bet a lot of money against it you know that gets my next question then is this really sustainable i mean if you talk there a lot about the about the negative side of this the money they're spending this problems with supply lines you know is this a bubble that's going to burst well i mean it's sort of the tesla story is part of our story of where we are in the world right now there are so many different bubbles that were and were in a real estate bubble or in a technology bubble and tesla sort of in caps encapsulates one of these bubbles now the way that they can get through this is if they actually just focus on building cars and delivering and meeting their demand and that is clearly the best way to run this company if he can meet the thousands of supply orders that he's already registered and give deliver those cars to consumers then you can see if a foreseeable run rate for tesla to survive b

betting against tesla has been difficult.y are waiting to hear more details on what bank or private source of investment elon musk has disappeared -- secured. rishaad: a programming note, we have an interview with softbank's cheap -- chief operating officer. that is 2 a.m. friday hong kong time. 2:00 p.m. thursday in new york. let's look at the latest business flash headlines. elon musk we have just been talking about. state-ownedna's banks to fund a new production plan. making a markesla in the world's biggest electric vehicle market. and finally making a profit. shanghai authorities are helping discuss loans from the biggest lenders. tesla will need $5 billion to bloomberg -- bring the plans to full capacity. new york has approved a one-year industrywide cap on your licenses. it has given authorities -- to set minimum pay rates for drivers. the number of ride hailers soared to more than 80,000 day. uber managed to defeat a similar proposal years ago. million -- ford is celebrating the 10 millionth mustang. it was the world'

. >> you bet. you bet. and i love it. >> hi, how are you? >> what is your name?> julie. >> julie. >> massachusetts. >> you have a great governor down there and a fine senator. >> and a fine president, coming along. >> thank you. >> i bet we are. >> that is your job. >> i think that is great. >> i need to see you. >> everything is going extremely well. the room is filled well to the back. it is going very well. >> how many hands will he shake? >> he will shake all of them here. after they've all been shaken. he will take a few minutes. >> what are you doing? >> i helped take care of him and do what he wants me to. >> many times we don't. it is amazing what he remembers and recalls. one person, for example, we had seen in 19 days in 1962. he recognized her and remembered what kind of day it was when they met. >> he always does that. >> thank you. >> hey, see. the word for friendship. >> a man came up and said i met you in 1962. the guy said, yes. >> it seems to me to be a very magnificent turnout. somewhere around six or 700 have gone by already and i would estimat

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you bet.o i want to start by saying a very big thank you to mary and to eric and to arschad and the entire netroots nation for bringing us back together again. it feels like a family reunion, great to be back at netroots and it's always great to have an excuse to come to new orleans, so we'll add that part. you know, before i get started, i've been to a lot of netroots nations and at every single one of them, my friend, our friend, joel silverman has been back stage to give me advice and to cheer me on. he taught so many of us how to stand taller and how to speak louder to the people we fight for. his passing is a tremendous loss for our community and my heart goes out to the many of you who loved him. so, i can hear joel's voice, he's telling me to get on it and so i will. you know, i first spoke at netroots one week after president obama had had signed dodd-frank and the consumer financial protection bureau into law and that is a victory that would not have happened without a lot of early ne

it's as strong as it was when they bet for unilever last year. thing we are seeing now is investors are still betting on m&a. the two big movers are down this morning, linde praxair and iwg. the way that craft management has been positioning themselves, the entire market expects a deal coming. you're just wondering where it's coming from. matt: there seems to be more upside possible. campbell's was worth $55 billion a year ago i now trading for $42 billion. it's now and a chronic brand. when you think of soup, campbells, that's it. could they have any competition, kraft? ruth: if they make a bid, there will be others that look at it. the other consumer giants. we've seen them do a lot, they might say, do they need to sell any businesses or sell any brands? smaller brands? maybe we come and get those. matt: ruth, a lot to work on this week. ruth david is our senior deals reporter here at bloomberg. don't forget, bloomberg terminal users can interact with the charts you see on the bloomberg tv using gtv . you can type that in. if you type that

. >> spreading their bets. is wise if you have cash flow coming out your ears and don't know what to do with it, the state of traditional television -- >> it is a bet that you've made. is it in between, these in between moments you're going to want to check in on something specific as opposed to being distracted by more news, and insiders, video programming is excellent. we make twitter videos designed to pop up in your feed, and you're like done with them you don't have a long-standing relationship to premium content in some of the attention limited moments when you want to sit down and have that relationship. >> and by the way, a lot of this is extremely premium >> could some of these be overbetting on mobile? seems like we went through an era, everything will be mobile, smart phones everywhere, pc is dead, things seem to have shifted. now the conversation is omni channel, over the top. apple tv it is the pc isn't dead. mobile is great, short form is great, but do they have to have a broader, more comprehensi

you would not bet against it, would you? that you would not bet against it, would you ?wraps you would not bet against it, would you? that wraps up what has been a busy lunchtime here, back to you. and you will hear more from john when viewers from bbc one join us. but now, click. this week: do computers dream of electric puppies? can data prevent crop devastation? and will lara ever live down these shoes? planet earth is changing. daily. we humans are affecting its surface, its climate, its inhabitants. watching from ground level makes it difficult to make sense of it all, but these days we do have the data and we can crunch the numbers. and when it comes to understanding the really big issues, those that have effects on a truly global scale, visualising that data can turn millions of figures into something that everyone can understand. maps like these created by carnegie mellon university's ea rthtime website combine nasa satellite imagery with a wide range of datasets to produce visualisations of environmental and geopolitical events from light pollution, to refugee m

against your stock, betting against the performance of your company and betting against the employeesare working diligently every day. so i think it's a general sense of anybody in a publicly traded company would prefer not to have the shorts in there betting against you. now, there may be some appropriateness in certain cases, you know, maybe the shorts feel that he's not been able to get the new model out at the rate that he's committed to, hasn't been able to develop quite the dealer network that he's come after the with trying to build this brand and this company. i think people are saying great technology, brilliant individual, but has found that building cars is a little more complex. you know, heavy capital commitments, very long supply chain, a lot of labor involved and so forth so i think the difficulty there is in the execution of building the car, maybe not so much in the technology, which he seems to have his hands around, not only there, but with face spacex and hyperloop. the guy is clearly a brilliant individual >> bob, always great to get your thoughts robert nardelli,

if you name any commodity on the board or elsewhere, you can bet it has a bad day.r fell into a bear market. asian mining and metals reporter david is here to make heads or tails. expected?osses as sophie was saying, across commodities it has been a dreadful 24 hours. everything from agricultural to metals, copper fell wednesday, it tumbled through $6,000, plunged 4% in london yesterday. we saw oil declining, hitting the lowest since june. ,ci crude holding this morning gold fell, industrial metals, nickel fell. the bloomberg commodities index gauging returns on 22 commodities everything from sugar and soybeans to gas and iron, it fell to the lowest in a year. broad losses across the complex. inequitiesying, the point to further losses today and there is every expectation that investors and commodities will continue to be cautious. certainly not looking like there is any bright spot on the horizon. break somewill earnings coming through from lenovo. the first quarter, beating estimates from the top line as well as the bottom line. atome from the first quarter $77 mi

i bet you $100. >> where's the bar on oak street as well?o and play in that little bar up there which i love. >> jon: ohh... i know what's... maple leaf! >> maple leaf. >> jon: i grew up playing there. i played there when i was in fourth grade. >> did you really? >> jon: yeah. >> i saw, the other day, the best bass player i've ever seen. and the best drummer i've ever seen in my life playing in there. i couldn't believe it. >> stephen: do you play an instrument other than the face piano? >> can you not tell? ( laughter ) >> jon: you had a good name-- >> face piano. >> stephen: we call him "piano face slim." >> jon: yeah. ( laughter ) >> it's very hard to play that in a squatting position. >> jon: yeah. >> stephen: most things are tough in a squatting position, actually. ( laughter ) so let's talk about-- have you have seen the "mamma mia" movies, jon? >> jon: i haven't seen them, but i'm going to see them now that we met. ( laughter ) >> well, here's the thing. that's true. ( applause ) thank you, jon. >> jon: absolutely. >> stephen: as alwa