still a pretty good year from blackberry, of more than 50%. reason they had such a great year is because people started finally treating them like the software company they've become. they have gotten rid of phones completely. they no longer have to handle that manufacturing risk. people aren't worried about that anymore. investors said, it's a software company. let's value it like a software company great when you are a software company you have to get your growth targets and meet expectations for quickly growing software, which is what they weren't able to do this order. emily: gerrit, i did speak to john chen, the ceo, several months ago. take a listen to what he had to say. >> so we are recommitting more towards the licensing of software, i.t. know-how, two other people. and then we are depending on relying on technology streams. we have one keeper, i promise people. gerrit: we didn't get any numbers specifically from them. it is designed in-house, but it's not manufactured by them. you know, major chinese manufacturer of phones. even if t

who might be in the running for blackberry?morse that they did not get operating platforms of computers or cars or anyone like i mentioned in nvidia or microsoft. vonnie: would they have to get roughly $20 a share? is that your evaluation? .ndrew: that is up to john chen it depends on what part they will execute. i made the point when i compared it to nvidia, whose enterprise market cap has gone around $5.5 billion to $85 billion while the revenues have doubled. the reason why is the street is giving them credit for new businesses with data centers that are exciting. the growth in the smaller businesses that they are focusing on. similarly with blackberry, if they focus on qnx business for internet, they can get higher multiples, the stock will move faster than numbers would move. similarly with blackberry, if they focusvonnie: we have been g about autonomous driving and there is a lot of poaching of staff going on because there are different methods and one will get there first and be the winner. you are saying blackberry will

that thank you very much >> exactly >> and when we come back, we'll have blackberry ceo john chen. stock was getting hit pretty hard down 11% it was down about 12%. although up very big year to date ahead of this we'll take a look at that. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. they are the natural borns enemy of the way things are. yes, ideas are scary, and messy and fragile. but under the proper care, they become something beautiful. >>> take a look at shares of blackberry, down 11% the stock sinking after they reported first quarter earning ntz black with sales though lighter than expected. the stock is still up nearly 40% over past three months joining us now, john

everyone had a blackberry in the business world 15 years ago. now nobody does. the stock is virtually gone. apple is earning more than half of its profits from phones, from hardware, and there is just no predictability that they're going to be the leader in ten years from now, in phones. i'm predicting that they actually won't be. >> interesting. daniel, what about that point? i mean, mentioning the blackberry certainly does bring back those days when everybody did have them. that was the tech stock that everybody had to own. how do you make sure that when you do add a tech stock, or when newburger adds a tech stock to the recommended list, that you are going to have something that has longevity? >> i think which distinguishes apple from blackberry is apple has been able to build a platform upon which others are able to build and create. and so apple builds integrated systems, which include the hardware, the software and the services, but the key is that the developer community has really been able to build on top of that. and so apple has paid out over $70 bill

remember the blackberry?smartphone will release its first—quarter results. remember, the company's on a big turnaround effort, so this will be the first chance that investors will be able to take a look at their progress. these days, blackberry is better known for losing in the smartphone wars to apple, samsung and google. but the canadian firm is gaining traction as it tries to really reinvent itself as a maker of industrial software. in economic news, new us single—family homes sales, those numbers will be released on friday, and likely rebound in the month of may, suggesting that the housing recovery remains intact. joining us is lucy macdonald, cio, global equities at allianz global investors. we were just talking about what she wa nted we were just talking about what she wanted to start with. is it health care? tell me more about the bill they are trying to get through in they are trying to get through in the states. part of donald trump's plans to repeal obamacare. looks like they might have some issues

, however, as you can't find a blackberry anymore because they customer.e guest: yeah, i think there is a what you said, that analogy is ap t, it does take a long time for businesses a change. and i think they would argue they haven't been ignoring just takes a lot of time. it takes a lot of money that a retailers haven't necessarily been putting into web development or innovation enters because they have been focused on other areas, maybe the store, maybe cutting cost line, workingduct on their supply chain. i think a lot of retailers take eye off the innovation mall. of j. crew say, i didn't take the internet as seriously as i should have. lot of older people running these companies who thought fundamentally people not want to buy clothing on the internet, there was a long one people thought, no would buy shoes online, they people try them o. now buy furniture online, mattresss and couches. there is more attention being to innovation, more investment in innovation, seeing buyt of companies trying to their way into faster innovation, to my point earlier, walmart purchased jet. nords

i had no choice but to say hold on, don't touch it but blackberry said that analyst has become a raging bull it's now above $10 and if it's going to stay above $10 you have to say, oh, well i missed that wti crude, half a horrendous couple of weeks, our analyst who so nailed that crude will go $10 higher, could be right that crude has bottomed out there's lower inventories and it has become a destroyer of everything it touches these days the possibilities for an actual rally higher have finally increased. here's the bottom line, while we still collectively real from the most disruptive deal in ages, amazon merging with whole foods, let's focus on a group of companies that could decide the direction of the market next week adobe and accensure are trading wildly that's where you could get some discounts in the weeks ahead >>> coach is up 30% already this year, with 2 acquisition, is a turn around in the bag and a major merger, because remember it is merger friday and there's action in this market that's driving old school observers. is there action in your portfolio? i'll reveal it just a

. >> dana: i had a blackberry, i was working for the government.left the government and i got an iphone, i think it made my life better but i am still irritated by the keyboard. >> juan: you don't like the keyboard? the blackberry is gone for the most part. jesse, you are so young. you never knew life without an iphone. >> jesse: thanks, juan. i appreciate the compliment. here's the positive side as an iphone. it's a babysitter for my children. looking at instagram makes me work out more. i don't have to speak with people on planes anymore. and imo trees are very fun. i read less bucks, i am going blind. i've no attention spanned. hard to believe. i'm afraid to be alone with my thoughts. [laughter] >> jesse: i don't remember anyone's phone number and i spend hundreds of dollars a year on chargers. >> juan: go to the front desk. they have a ton of them. when the iphone came out ten years ago, the screen was so tiny. it's unbelievable. and now, look. your phone is like, massive. >> kimberly: i've got a lot of phone. i want to see some of it. i like t

blackberry putting up a rare miss. they had a good give up until this point. the stock prior to today up more than 60%. right now, down two to declining software sales. finally, harley davidson down about .2 after ubs said may retail sales for the dealers could be down 8%, down more. these are some early losers on the day. turning to health care, it has been on a streak of record highs. the s&p 500 health care index up until today. really, a rotation into health care according to tina martin items out of the overbought sectors into oversold but she said based on the recent rally, health care in the near term is over but we are seeing some buyers trade lower. finally, let's take it across asset class. when we look at what is happening with oil and the dollar, you can see the bloomberg dollar index is up .3, 7, first up week since may and that seems to be pressuring crude. crude is down for the first time or five weeks in a row. we will be paying attention to this as the day goes on. nejra: so dollar higher on the week and sterling lower on the but ifholding abo

tty: what about earnings we have a trio of big names, blackberry, fedex, oracle.hese are tech names, so it will be interesting with the outlook is somewhat anything to give a boost or shot in the arm to the tech index. the store with fedex because this is a company that is a bellwether of the economy. shipping and packaging going, they are of better than 13% year to date. they are up better than 13% year to date. oracle is a key tech stock. it is up significantly year to date, 17%. you are looking at a different time frames, but they will report on the 21st. some 20% going into this past week, they will be able to reclaim the strength in terms of the returns? there is blackberry. this is one of the strongest tech stocks, better than 50% year to date. they will be reporting on the 23rd, doing well with litigation protecting everything. but people have been buying into this stock, what they have to say about litigation and what is ahead will be very key for the way the stock reacts. haidi: ready for more trump related headlines, it is another beingnd trump means wat

shares of blackberry jumped in thursday trading, reaching their highest price in more than two years.r citroen research said the company was likely a target for a buyout at a high premium. the report added blackberry security software for the automotive industry could be a good game changer in self driving car technology. baidu has brought two heavyweights to its side in the race to develop autonomous driverless technology. we will dive into the implications. ♪ emily: after a long search airbnb has finally found an , executive to run its china operations. the vacation rental company has appointed a vice president in charge of its business in the asian nation. the job will be to help airbnb crack what could be its toughest market yet. it has spent years and a lot of money preparing to expand into china, a country where laws have humbled tech giants like uber and google. he previously worked at google and facebook but has been working for airbnb the past year. the company has about 30 employees and 75,000 listings in china and said last year that it plans to increase staff in the countr

first taste of a blackberry. and so are you. >> what do you think, zayley? do you like them? do you love them? >> reporter: the only one not there, is her father, chris. part of your heart must break for what he's missing? >> it does. >> reporter: they're living in a split screen. chris gets online. maria gets the kids in line. playtime for him. bath time for her. downstairs, play. upstairs, pray. >> i am going to go to bed because i'm super tired. this is how we function and this is how we do it. >> reporter: still ahead -- risky behavior, right under her parents' roof. >> we were blown out of the water when the police showed up at our house. >> reporter: and inside the mind of an extreme gamer. can the screen change your brain? you've looked at this and thought, this was a kid in trouble. stay with us. we went to a park and we handed people 10- and 20-pound sandbags. here's what happened. i just truly feel winded. i can feel it in my back. i didn't realize what extra weight on the body feels like. oh, i definit

remember the blackberry? ten years ago i was addicted to my blackberry. weren't you?do remember. >> used it high school ten years ago. >> exactly. and closely watching banking stocks up in the pre-market. a good day yesterday. sailed through stress tests. regulations require the postfinancial crisis regulations, that the trump administration wants to roll back require them to go through stress tests. did very, very well. allowed to give money back to shareholders to buy back stocks. record highs, good profits. >> despite the regulations? >> the banking industry is making a lot of money and lending more, despite the worries. >> christine romans, thanks for being with us. >> you're welcome. >>> we'll be right back. (upbeat dance music) (dance music abruptly stopping) (dance music starting then stopping) the average family's its raised 1 dare devil, 2 dynamic diy duos, and an entrepreneur named sharon. its witnessed 31 crashes, 4 food fights, and the flood of '09. it's your paradise perfected with behr premium plus low odor paint. the best you can buy starting under $25.

. >> those of us with blackberries at the time laughed. you can't text on it? what?kberry's like, never mind. >> yeah. >> here's a lock at the east bay hills camera. marine layer, more squashed an enthat means faster sunshine. inland areas feel the brunt of the extra sunshine and warm up more than the rest of us today as the steady pattern of morning clouds and afternoon sunshine continues. it will be just slightly cooler for independence day. a look at the cloud deck and you can see it's filtering over the neighborhood up to about 7:30 and then starts to retreat back along the east bay shoreline just like it has last couple of days all the way up to the richmond-san rafael bridge and then in the afternoon, pockets of sunshine in the coast and want sunshine and warm weather head down to santa cruz. temperature down there about 73. that's a lot better than the 50s to 60s along the coast. san jose 81. gilroy about 85. still getting warm in the south bay. pretty mild still on the peninsula. 68 at millbrae. we'll have 65 today in downtown san francisco. up across the nor

no kia and blackberry also had sophisticated handsets that could surf the web and take pictures and playic. but they were complicated to use. when steve jobs announced that the iphone in 2007, it was a revolution. a simple touch interface and people were eager to get their hands on one. beyond the height, it was a slow start. the first model, which sold 6 million units, was overpriced and-based single phone company. apple learned its lessons quickly, allowing others to create apps for the iphone, with apple taking a cut. soon the iphone was ubiquitous. >> it made me very dependent on. i could do everything, pay my bills, make reservations, learn stuff. it is awesome. >> to make our life more convenient. we spent more time on the phone on average but it helps you do everything see get a lot more done. correspondent: in 10 years, more than 8 million iphones have been told, turning apple -- have been sold, turning apple into the world's biggest traded company. >> the iphone is not going anywhere. it is a staple of how we all expect to be able to communicate in the future. correspondent: app

ten years ago the market leaders were blackberry, nokia were the number one handsetmaker, they shipped the most smartphones, the whole market has changed what apple did changed the business strategy of everyone else before the iphone everyone thought you licensed software and that was where you made the money. the windows model. the microsoft model. since the iphone, google and microsoft started making computers and smartphones. >> is there something to say for the fact that over the last ten years the iphone has not had any single or any major security glitches, that is thrown into the spotlight with the most recent ransomeware attacks over the last two months. how important is security? >> on the phone, because you have your whole life on it, you have your money, banking details, you have your contacts, calendar, e-mail, everything it's important that this has no security issues. if you have a massive security issue, it could be much worse than a hack on the pc. ten years ago apple was criticized for the way they designed the software. ten years ago there were no third party apps the

james bullard and loretta mester blackberry and finish line report before the opening bell don't missberry's ceo, john chen on "squawk alley" today. >>> tesla may be considering launching its own music streaming services re/code reports the company has spoken to major music labels about he acquiring the rights to stream songs and albums from big-name artists tesla is interested in offering multiple piers of service starting with a web radio service like pandora there's so much competition already. why would they want to launch this rather than partnering with one of the existing services to incorporate in their vehicles? >> it's a good question. a lot of these companies have been trying to bring services in-house apple, too letting go of that uk supplier of iphone screens saying we will let go of that supplier, make that component in-house at apple. you wonder if this is another trend. they want to incorporate music and develop their own services inhouse. >> i agree, perhaps that's the driving force. i'm surprised by it. we'll see how it plays out. >>> youtube hitting a major mileston

the blackberry is gone for the most part. jesse, you are so young.. >> jesse: thanks, juan. i appreciate the compliment. here's the positive side for an iphone. it's a babysitter for mymy children. looking at instagram makes me work out more. i don't have to speak with people on planes anymore. and emojis are very fun. the negatives. i read less books, i am goingg blind. i have no attention span. hard to believe. i'm afraid to be alone with my thoughts. [laughter] >> jesse: i don't remember anyone's phone number and ine spend hundreds of dollars a year on chargers. >> juan: go to the front desk. they have a ton of them. when the iphone came out ten years ago, the screen was so tiny. it's unbelievable. and now, look. your phone is like, massive. >> kimberly: i've got a lot of phone. i want to see some of it. i like this technology. dana and i love lists. what's coming up next, what youa haven't finished, moving over to the next day. to completion. i like the music, too. it's pretty nice.ay now you don't even need to get l an extensive home stereo syst

>> the tough thing with me with the iphone, blackberry to the iphone, not pressing the keys. >> i love the keyboards on that blackberry. >> i it was really weird getting used to that with the iphone. 5:03, grab your coffee, your iphone, let's go. 38 miles per hour on the boulevard, otherwise looking good on the major roadways, working your way into and out every philly. coming in from south jersey, live look here at the 42 freeway. again, a lot of unusual patterns probably over the next five to seven days with the holiday weekend, and then the holiday landing on an actual tuesday. downtown still closed here on the vine expressway, but as i look here, looks like they're just now starting to allow cars to go westbound on the vine, so, right around the next five minute or so, we should be back to normal in both directions coming into and through center city philly. an accident westbound on 422, it is on the ramp to first avenue, right out there at the casino interchange. and then we have water main break along route 130, the southbound side, at riverton road. otherwise, mass transit off t

moving on, want to talk about specific names that would be blackberry and bed, bath & beyond. both had sales that missed despite positive blackberry sold off in a big way, down actually%. bed, bath & beyond said traffic in the stores has slowed down. the transactions at the cash register fewer, fewer working and tabs weren't as big either. those two names came under serious pressure. melissa: nicole, thank you. david: let's get a check how commodities ended the day. oil prices rising today, settling over 43 bucks a barrel, still way down for the week, the fifth straight week of losses, marking the longest losing streak for oil since 2015. gold climbed a little helped by climb in u.s. dollar. that helped boost gold prices for third day in a row. melissa. melissa: the white house and the rest of washington are reacting to the senate version of health care reform as some republicans on the hill say they're still not on board with the legislation. adam shapiro is standing by in washington, d.c., with the latest. reporter: yesterday we were talking about the four senators saying no

telefÓnicas de mi persona, conversaciÓn de mi familia, de mi esposa, con medicaciones de whatsapp, blackberryconocer los mensajes, los correos electrÓnicos, los contactos, puede activar la cÁmara y el micrÓfono. conocer lo que sea que tecle en el dispositivo lo que implica conocer los passwords. reportero: el programa que es diseÑado por ex militares israelÍes fue tambiÉn utilizado en mÉxico. >> personas de alto perfil, defensores de derechos humanos, anticorrupciÓn, a los que el atacante que parece indicar es el gobierno federal mexicano, considera que vale la pena espiarlos. reportero: michael flynn, el ex asesor de seguridad nacional dentro ganÓ miles de dólares asesorando una filial del grupo que produce el programa de espionaje. el abogado de martinelli en panamÁ negÓ que el gobierno hubiera usado ese sistema. >> no hay ninguna prueba que lo vincule. reportero: el jurado federal negÓ la libertad bajo fianza a martinelli en una audiencia donde la defensa insistiÓ que el presidente es vÍctima de persecuciÓn polÍtica, la fiscalÍa dijo que debía continuar detenido porque hay un alto riesgo d

attract the biggest contract manufacturer of smartphone and other devices that some the, apple and blackberryse. foxconn factories in the u.s., is that a win for from -- for trump? >> i'm not sure if foxconn made this decision because of the charm of u.s. president donald trump. it is a global trend that industries try to bling -- global supply industries try to bring their business back to the u.s.. foxconn already said do not expect to have as nearly as many people working in this new factory as have worked in china. we have the trend of much bigger automation. labor is not the decisive factor anymore and t therefore it might make economimic sense to have te supply chains in asia but bring some of them back to the united states. he as seen this in other industries as well and i'm sure foxconn thought about it way before donald trump got elected president of the united states. correspondent: our financial correspondent, thank you very much. now it cost billions, but today no one has been held accountable. now media outlets are reporting the u.s. has issued international arrest warrants for f

. >> that is a blackberry.phone. >> who knows. >> notifications will be muted and your screen will remain dark. we're talking about iphones. we are. there have been apps out there for answering devices already that will stop you from using the phone while its in orption. >> not for blackberries the last i checked. >> on the way, georganne amalclooney welcoming twins. the two bundles of joy coming up next. >> a big congratulations tonight for george clooney and his wife she gaif birth to twins, a girl ella and boy alexander. the spokesperson for the couple say the new mom and babies are doing well. they're probably registered at target and bed, bath and beyond. thanks for being with us at five. fox5 local news at six starts right now. this is fox5 local news at six. >> friends just hours away from their high school graduation were found shot to death. two high school students shot dead in a valley of gunfire here in montgomery village. police haven't said if it's targeted or random. an update to a story you saw

drive safe.ly funciona de la misma manera en telefonos blackberry y android con la excepcion que le lee lo envia.. y otra herramienta a considerar es lifesaver, diseÑada para controlar los celulares de sus hijos... usted puede bloquear remotamente la unidad mientras su adolescente maneja.. una vez el auto se detiene, entonces, el menor puede utilizar el telefono.. livesaver tambien le envia alerta al adulto cuando el adolescente inicie y culmine el viaje... take nats wait for cue lorena - una mujer en ohio protagoniz una persecusin muy particular en plena autopista y la polica capt todo en cmara. - la conductora manejaba su auto en reversa y a toda velocidad! - luego de un rato se detuvo, trat de posicionar correctamente el auto y pasarse a otra carretera. - aunque la polica dej de perseguirla para evitar accidentes, la mujer finalmente se estrell y termin en el hospital. cesar --- este martes 20 de junio arranca la tan esperada quinta temporada del seÑor de los cielos --- lorena --- elva saray viaj a la ciudad de mxico en donde se est grabndo la serie para platicar con los protagonista

, blackberry, out with earnings. beat on the bottom line. but revenues fell below estimates. company left its full year forecast intact and notes that it was profitable for a third straight quarter the stock, however, taking a hit in premarket trading just -- this is like we'll be taught in business schools and in the future, how -- i can't remember what the market cap was at the top but it's a $4 billion -- $let's see, bbry, i'm just wondering what it's worth now? because it was multigazillion dollars. almost $6 billion. remember wasn't it at one point? >> yeah. when they owned the entire market >> right you know, past performance doesn't say anything about future a lot of the times. blackberry ceo john chen has done a heck of a job, but he'll be on "squawk alley" at 11:00 a.m. eastern time. >>> the senate unveiling the obamacare replacement bill among the key changes to the house's legislation, medicaid cuts or at least a slowdown of the expansion. nbc news reports that four republican senators will not vote for th

. >>> weak enterprise sales hurt results of blackberry an that's where we begin tonight's market focus. the software maker posted an unexpecteded profit, but that news yuz wuzover shadow ed by a miss that left investors wonde s strategy is working. looking past the disappointing revenue, the company said it is open to qu. >> so, i think the security, especially the whole newer area of machine learning as relateded to cybersecurity, we're a leader in that space an we would like to add feature service. every area is about expanding the channel and the reach for our auto business and tracking business. >> wall street wasn't buying it though. they sent shares down 12% to $9.71 in today's trade. >>> sales edged lower at finish line at the retailer struggled with getting a stead t stores. results missed expeck tases, but it's profit matched estimates. the company's largest shareholder is sports direct international, the uk bigger software retailer, is also pumping its stake in finish line to nearly 20%. finish line shares end ed the dy up about 7%. >>> and the fda approve d a blod thinner th

("waiting for the thunder" by blackberry smoke playing) ♪ light the fuse and run now, brother ♪got a lot of time ♪ ♪ ♪ don't you act surprised ♪ ♪ when it all goes to hell ♪ on your dime ♪ maybe you can stand tall enough ♪ ♪ to look the devil eye to eye ♪ but you better make your getaway quick ♪ woman: whoo, come on! ♪ so you don't have ♪ ♪ to answer why (whog)opin ♪ the bells will ring (engines revving) ♪ and the flames will fly ♪ 2,000 years of fury ♪ in the big black sky ♪ the wind will blow (engines revving)

the company that is now blackberry was at $66 a share ten years ago.o i think 120 in the year or two after that because blackberry was still very dom nanlt. >> where was nokia it probably also was it had been dominant >> even before that right? it was even higher before that but now blackberry about $13. >> yeah. >> incredible. services revenue for apple 24 billion and now people turning their attention to what comes next 3-d displays for maps and oled display. ar, ability to manipulate pictures and video with stickers and images. >> the iphone thing has spoiled a lot of people. it creates that well, okay, how are you going to revolutionize the world next as opposed to incremental products people aren't always satisfied with that. >> well, it is is is a recurrent product that has to keep selling although the ecosystem is certainly strong enough to have a recurring sales but, i mean, every year you have to refresh. >> to me that's the explanation for why apple as a stock has never gotten a big fat premium multiple because the market doesn't know what to

and blackberry is down 12%. do you remember blackberry? i used to love them.-- promising to cut down regulations on the drone industry. president met with them in the white house. our next guest was in the meeting, ceo of air map. he joins us right now. you're a drone company right, ben? i don't know whether you make them or use them, which is it? >> we sort of provide air traffic control services for drones. you think of us as next air traffic control for drones flying at low altitude. stuart: airports hire you to tell the control tower where are the planes, how close are they, where are the drones, do they, are they in a safe space? that is what you do? >> yes, we do that. we work with organizations like the faa and others around the world, as well as the drone-make us and drone operators to make sure they're flying safely. stuart: occurs to me, one of the things you really want is regulation. you want a rule book so that you can operate within it and expand your business. you did you get the feeling at the meeting with the president yesterday, that he would

made the blackberry all but obsole obsolete. it als created an app economy valued at $1 trillion and it's the app store that helped fuel the growth of so many young, mobile first companies from snap >> so, what do consumers want to see from the iphone ten years from now? >> face time should be multiway. like conference call. >> should be able to test for passengers in the air. the food, making sure that air quality is good. >> would not likely to be integrat >> this comes at a critical time for apple. with with iphone sales coming off their first year of decline, but investors have high hopes for that latest virgen version expect nd the fall. i'm josh lipton, san francisco. >> apple's smart phone is by some accounts, the mother of all smart phones and a game changer for the industry, but with so many in the market, what will this mean for the future of the smart phone? and will it be even around in ten years as we know it today? scott stein is senior editor at cnet and joins us now to discuss. scott, i heard someone say that the

. >> sedan, blackberry, everyone wants to talk, they want to get away from wiebes, blackbrry, connected car, that's the way to go. >> get on camera get on camera. where is sydney right now. >> get on the sci-fi network >> thank you she'll be leaving us maybe 30 minutes ago, but i already miss you. >>> all right, that does it for us on ""fast money." don't move, a special "options action" starts right after the break. your insurance company won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of ins

for today, blackberry shares had 60% on the year to date.ackrock will manage the arizona universities foray intothe first managing investment offices, and replace is being to any unit. they have provided risk advisory services to sign up or arizona state for the past three years. and that is your business flash update. >> coming up, we will get some perspective on the yield curve in the state. trillion.e $1 this is bloomberg. ♪ ♪ julia: this is bloomberg markets, i'm julia chatterley. i'm scarlet fu. the spread between five and 30 year u.s. treasury yields is that its lowest point since december 2007, just months before the financial crisis. today we asked our roundtable, as well as kathy joseph charles swap is there concern about the flattening curve? >> we have seen for a hikes over the past year or so, and it is calling -- causing the curve to flatten. the longer and is being anchor down that by ultimately, we are not seeing much in terms of inflation. that has given investors in in longer duration assets. >> we talk about a yield curve i

blackberries? >> yes. >> and pagers. >> now we are dating ourselves. >> the iphone also created jobs by its app. the newest creation, ifophone 8 will be released in the fall. >> you know right now, we are seeing temperatures inland in the 80s. we can be talking about 90s coming back. right now, picture perfect view. healdsburg. napa and sonoma getting an early start on the holidays. santa rosa very likely seeing highs in the 90s. tomorrow similar day in san francisco patchy low clouds in the morning. tomorrow we should see those highs going up into the upper 80s. and final stop takes us into san jose. 69 degrees. light jacket evening for you in late june. temperatures starting to make a run towards the low 80s downtown. so the sea breeze will not be quite as strong. air quality issues now starting to pop up. south, central bay and peninsula moderate quality. what will be a little different is high temperatures around the north bay and east bay valleys. areas of coastal drizzle and mist possible for

the one-time smartphone maker, blackberry, missed analyst estimates for total revenue.shares have risen 60% this year for today and moves now come through software. in the u.k., the first new nuclear power plant may cost consumers five times more than expected due to higher electricity costs. the government warned price tags of the projects could be $38 billion more, making them urge to come up with a plan b in case the project collapses. david rubenstein says he can still find cheap investment options in asia. the co-ceo of carlyle group discussed it with betty liu in hong kong. >> valuations are lower in asia compared to what you see in the united states, so the theory has been asia is expensive. it may seem expensive in certain areas but generally, it is cheaper than the united states, so there is a bargain here. emma: rubenstein says carlisle has about 20 deals in china. jonathan: we want to get you up to speed on the action and keep you up-to-date in brussels are that summit. it is -- brussels for that summit. it is set to conclude. alongside angela merkel will be

blackberry is back. $550 android handset has that keyboard that many miss.t option as well. it is in the us, you can check it out at best buy, a lot of people miss tears. finally, remember oreo ohs, back in the 90s. it is back. the serial with oreo cookies were pulled from shelves in 2007 but lately many 90s classic foods are finding sand. think of the treats i brought you last week. rob: healthy cereal for the morning. >> decision day, donald trump announcing whether or not he will pull the plug on the paris climate agreement. our next guest was part of the epa transition team. he says the deal does more harm than good. >> a tanker truck explosion, the driver who jumped out of this burning truck with seconds to spare. ♪ i need you ♪ and your love ♪ come baby ♪ rescue me ♪ nobody does underwater stunts, sylvia. except me, of course. this is my stop. adios! ♪ if you're a stuntman, you cheat death. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. número uno! essential for him, but maybe not

they believe she posted this photo shortly before she smashed her blackberry. here is a feel good story of week all get behind. huma abedin let her hopelessly devoted husband anthony weiner move back into her apartment. friends say it's been smooth sailing since he returned last week. but for some reason, she is not giving him the wi-fi password. this is not being done just for show. not only are they splitting the utility bills, but they even signed up for sprint's new disgrace your friends and family plan. the love birds were home watching wiener's favorite romanticomedy, "you ve got jail." that's a joke. they were watching "when harry sexted sally." these rom-con jokes go on for another three days. if the punch line is the bridge it jones' data plan. tweet me some more and we can both this dead horse all night after the fireball kicks in. then we can both ride goldie to the port authority men's room. law makers in wisconsin think they have a solution to protect speakers on college campuses from rowdi' protesters. ♪ say carl, we have a question about your bro

. >> second stock, blackberry. credit sweeps making negative comments about it. this has been one of the hottest stocks around, 60% year to date. last week, percent tafs replaced -- not only because foot is also a giant company but it takes away from a little bit of the bullish thesis on the auto side for blackberry software business. an underperform with $8 target that's 30% below the price. >> third stock, that vis star is saying a -- this stock is nearing the end of what decades is calling a trans formation and is on the verge of driving higher markets which could take the stock over $50 per year. that could mean up side to the 60s by 2020. >> 60s? >> look at that 11 spz 1/2%. >> last stock of the day is five point holdings, fph. they're building three bike mix master communities in california. $15.5 stock. bob is the one that made this call, calls it quote an ideal holding of real estate. the guy is widely regarded as the leading land developer in all of united states. he sees the estimated cash flow with the life of the developments. five point holding fef.

including a mallet hillary clinton used to smash 13 blackberries, and a massive hand that michelle obamamack candy out of the hand of school kids. if you like your snickers, you can keep your snickers. i'll gave giant hand. topic number 3. humans aren't the only ones fighting over the healthcare bill. these two deer were strolling along and went bernie sanders and called republic cans death party to which his friend replied i'll show you the death party. at which point they began this fight which looks like an erotic game of patty cake. the deer is now reading bernie's erotic fiction from the 1980s. it's unclear whether the video was taken, but animal experts believe these are tennessee bucks and they know that because milwaukee bucks never beat anybody. you didn't get it. topic number four. a 14-year-old girl fell out of the sky ride at six flags in upstate new york and witnesses say she is lucky to be alive. not because of the fall, but because she ate a tuna melt at the snack stand later in the day. she had her fall broken by a 400-pound man and a woman who had on a tank top. topic nu

blackberry shares had risen 50% for the year, but most of its revenue comes from software.s your business for this hour. we are heading to the european equity close in just a few minutes time. let's take a look where european markets are trading. the stoxx 600 off by 2/10 of 1% heading for the weekly loss at its first monthly loss in january. the ftse 100 off slightly on the anniversary of brexit, although it has gained in double digits in sterling terms. the dax leading the losses, down for tencent 1%. this is bloomberg. ♪ . . london and newom york, this is the "european close," and i am nejra cehic with vonnie quinn you can see a s&p amount of red in the space in europe, portugal, spain, germany's taxes down by .8%. sincerst monthly law january. x spaceics face -- f seeing stronger after the brexit vote. it had declined to some 15% in the year following the brexit vote, even though it is higher today. in the fixed income space, we are seeing a backup on the front end. not a whole lot of movement in the 10-year we are not only seeing two-year yields edge , but be a-year ed

how about blackberry? >> it's moved so much. you missed that one. find the next.y. >> caller: boo yah! i'm calling about -- >> unnecessarily punished analog devices, i say the merger will make it work. how about mark in georgia? mark! >> caller: hey, jim. how are you? >> i'm good, mark, how about you? >> caller: fine, thanks. i followed your career for a long time since you used to be a frequent guest on "squawkbox" with mark haines and the brains and the kahuna. >> a great time. >> caller: absolutely. i'd like your opinion on a stock i've owned for a long time. darling international. >> they're good and take care of the animal processes, the junk and been a good business for them. to phil in florida, phil! >> caller: hey, good evening, cramer. >> what's up? >> caller: okay. we have one with a lot of momentum from deals worldwide lately in its settlement with apple. i see another persons. what do you think of nokia? >> i like nokia neutral. this one's yours, not mine. i don't think there's that much left. that's the conclusion of the "lightening round"! >> announc

blackberry ruled them -- ruled the market. when apple came in, it disrupted stuff. >> it has gone through changes since the first one. it's good to have a computer in your hand and a phone, but maybe it's the camera that has change the world.>> reporter: the iphone itself has disrupted almost every market that we can think of from cameras. least have ipods be carried around and that is gone. we have this one device that can do it all. it is the birth of social media , iphone doesn't get a lot of credit for this. imagine doing your updates on any desktop and not having a phone to to that end. back before the iphone came out, that was so tedious. browsers a goal. if you remember texting? >> those little flip phones. talk about the pressure on apple. they have to reinvent themselves to their stockholders . they have to make it bigger and better iphone. that is a lot of pressure.>> reporter: since jobs passing, tim cook has been under a lot of pressure. one thing nobody thinks about his apple was never an innovator. they took exis

but the idea of the grand jury, it was about the blackberry service providers at the tail end.n't a big impanelled grand jury into hillary clinton, right, tom? >> quickly. grand jury subpoenas that got documents. no one went before grand juries and testified. liz: my panel is here to react after this. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. gave us the power to turn this enemy into an ally? microsoft and its partners are using smart traps to capture mosquitoes and sequence their dna to fight disease. there are over 100 million pieces of dna in every sample. with the microsoft cloud, we can analyze the data faster than ever before. if we can detect new viruses before they spread, we may someday prevent outbreaks before they

you have really small fingers for the blackberry. >> i know, i know. had nails, they would get in the way. but i've converted, guys, i have the iphone, i have the six. i have two of them. here is one of them. we've come a long way in the past ten years, and i want to talk to you about what comes next when we are done with iphone, but, the first iphone on this day back in 2007, i mean, it was pretty basic it only ran on the a and t and t network. people would signed up outside the stores, had actually had to bring in police, undercover police, make sure there were no fight, robberies that breck out. >> wow. >> it is crazy. the first iphone cost $600, back in 2007. here is a tip. well, maybe you don't want to hear this. but if you inch advice that 600 bucks in apple stock, one share, would be worth $5,000 today. based on the rise that far. >> what? >> 600 becomes $5,000 over the core of time. yes, pretty unbelievable. >> 744% jump. what's worth now? couple of grand, right? >> yes, apple shares are i think about a thousand dollars each, right around there