another raining night at new york city, times square, much more "fast money" right after this cfa institute. cfa charterholders have proven themselves by passing one of the most rigorous exams in the world. demand the best. demand a cfa charterholder. cfa institute. let's measure up. >>> welcome back to "fast money. let's get to josh lipton for more details >> cisco ceo sounding bullish on the call, take a listen, chuck robins >> our performance is continuing strong customer demands for solutions. we made steady progress and shifting our business towards software and subscriptions this results across our products and geography. >> and robins pointed out that some of the performance, infrastructure is up 2% and security is up 11% and service is up 3% basically in line and disappointing investors and cisco guiding year of 68 to 70 cents and revenue growth of 4% and 6% perhaps, it was not good enough. it was up to 20% heading into this print as about the guide on the call, the company's cfo feels good about the portfolio. we are not assuming improvements there. for more on this, chuck robbins,

cfa institute.'s measure up. let's always put investors' needs above our own. as investment management professionals, let's measure up. cfa institute. >>> welcome back, royal wedding is tomorrow. are you watching it? tuning in? >> uh, yes >> no? >> we'll see >> depends on the time it is tomorrow morning, and wilfred frost is in windsor outside of london covering it all for us, near the lego land of windsor where they built a mockup of the royal wedding last week, dozens of people and hundreds of manpower hours you're in actual windsor or lego land >> reporter: actual windsor. the scenes look fake, but they are not, they are real carl, no tip that your response was not as negative as david faber's. he was not watching it getting to the point the wedding is estimated to cost $45 million. most of which on security, and the queen picks up the tab this time around more than she did in 2011 for william and kate's wedding because this one is not a state occasion, but she should be able to afford it here's

cfa institute. >>> welcome back to "fast money.potify getting crushed after its first earnings report as a public company let's get to julia boorstin in los angeles with the details julia? >> well, melissa, no comment in the call about the stock decline. daniel ek was really focused in discussing the long-term decision for spotify in creating a music marketplace. giving free service, more options is working, providing more ad opportunities as well as potential to convert those users to paid subscribers. ek dismissed a question about whether apple music is eating into spotify's business. take a listen. >> we don't see any kind of meaningful impact of competition. in fact, when we look at this, we don't really think that this is a winner takes all market in fact, we think multiple services will exist in the markets, and we're all kind november a growing market. >> ek as well as the company's cfo saying they see opportunities beyond music including podcasts and the potential to help labels with marketing. they also see opportunities i

cfa institute. this is no ordinary coffee.origin kenyan coffee from the nyeri highlands, 6,000 feet above sea level. but how do you really know that the beans journeyed to the port of mombasa and across the pacific? that you can trust they're 100% authentic? ibm blockchain. a smart way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ let's always put investors' needs above our own. as investment management professionals, let's measure up. cfa institute. hey, want thedone.est internet? and now, xfinity mobile is included. you can get up to five lines. you can save 400 bucks or more a year, which you can spend on a funk-tastic music video. ♪ dance party boom. ♪ simple. easy. awesome. come see how you can save $400 or more a year with xfinity mobile. plus, ask how to keep your current phone. visit your local xfinity store today. at the marine mammal center, the environment is everything. we want to do our very best for each and every animal, and we want to operat

cfa institute.your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. so lionel, what does 24/5 mean to you?rade well, it means i can trade after the market closes. it's true. so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all... the time from sunset to sunrise. right. but you can trade... from, from... from darkness to light. ♪ you're not gonna say it are you? let's always put investors' needs above our own. as investment management professionals, let's measure up. cfa institute. >>> trucking companies are now offering sign-on bonuses and raises to attract new hires a

cfa institute. >>> welcome back to "closing bell."s in extended trade. here's the story adjusted loss of 7 cents versus estimates of a loss of 15 cents revenue $136.6 million that is a beat q2 and 2018 revenue guidance a bit above estimates but interesting metrics to look at streaming hours of 56% year over year to 5.1 billion hours. one in four smart tvs sold in the u.s. were roku tvs the stock now up 6%. it is moving on heavy volume an interesting story as we look to the consolidation that we're seeing more younger viewers switching to these newer players back to you. >> seema, thank you. and roku is also about 7.5 on there. >> it's coming back now because people think it's a good way to have a flag in the ground. >> we'll keep an eye on you. >>> meantime, michael cohen may had been trump's personal lawyer but he was also doing consulting work eamon javers has the latest. >> hi. we've got new revelations throughout the day here. you remember cohen was the president's personal attorney who handled the stormy daniels payout now sarah

cfa institute. let's always put investors' needs above our own.t management professionals, let's measure up. cfa institute. >>> welcome back rolls-royce unveiling its latest model and comes with a hefty price tag, no surprise this is still -- this is a record one, i think. robert frank is here with the details. >> it is a record one, kelly it is either a sign of peak suv or the ever increasing wealth of the wealthy. rolls-royce unveiling the culinin. the most expensive suv on the market with a starting price of $320,000 it promises the soothing quiet ride of a rolls with its famous magic carpet ride feel, but with all wheel drive and off road tour to blast through sand dunes, snowy mountains and occasional speed shopping trip down rodeo drive weighs in at a massive 5800 pounds, 6 feet high, 6.75 liter twin turbo v 12 and rolls-roy rolls-royce's famous grill. it has night vision and special nighttime wildlife setting, i guess for safaris. has a rear seat the size of a sofa, 21 cubic square feet of cargo space. the best part, my favorite part, an op

cfa institute. >>> hello, everyone. i'm sue herrera. here's your cnbc news update at this hour.t least 12 killed in a suicide attack in libya in what appears to be an attempt to disrupt a vote planned later this year officials say the disease bomber blew himself up inside the building while other militants set it on fire >>> british prime minister theresa may welcoming antonio guterres to 10 downing street. >>> french police say 109 people are in custody after yesterday's may day protests in paris. the violent protest against economic reforms by the french president macron left restaurants and cafes damaged and six cars were set on fire. >>> and you think you had a tough day? houston astros relief pitcher ken giles was so upset after giving up a tie-breaking three-run homer to the new york yankees last night that he punched himself in the face. he ended up being the losing pitcher wasting a shutout effort by houston starter justin verlander. >> i know that feeling >> i feel so bad we all know that feeling >> i've been very close. yeah oh, my gosh. >> we all know that feeling. ba

cfa institute. feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. >>> it's time for your business of the week. annie more howser heard one too many times that someone's mother loved her glass wear of the it should have been a implement but she took it as an indication she needed to modernize her brand. see what annie did to change her products to reach melanias -- mens ♪ cfa charterholders have proven themselves by passing one of the most rigorous exams in the world. demand the best. demand a cfa charterholder. cfa institute. let's measure up. >>> war of words between elaine wynn and the wynn resorts today. contressa brewer is following the drama. >> never ending drama. a wild counter-salvo aim at elaine wynn, the largest shareholder of wynn resorts. she recently launched an initiative called restore wynn aimed at overhauling the board begin

cfa institute. what do advisors look for don't just track an index, help me meet a client's need.uilt to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. [fbi agent] you're a brave man, your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances. still nervous [about buying a house? a little. thought i could de-stress with some zen gardening. at least we don't have to worry about homeowners insurance. just call geico. geico helps with homeowners insurance? good to know. been doing it for years. that's really good to know. i should clean this up. i'll get the dustpan. behind the golf clubs. get to

tom: as a member of the cfa institute, i want to thank cfa institute for their support of bloomberg surveillancetant guy this morning is a guy name todd marron, the general counsel for tesla. how can adam jonas at morgan stanley or ryan brinkman at jpmorgan follow this company? don't their general councils or head of research say, we have to suspend coverage? james: i think it is difficult, but we are always talking about analysts who have to project far further forward in valuing a company than the available financial information the company will provide. i will say suspension is not necessary. we have clarity on what the analysts inc. will happen, based on evidence. tom: as you said just the francine, a conference call is where you ask some tough questions. every single beleaguered ceo knows that. why does tesla have a different robots? why does is just -- tesla have a different rulebook? james: the way that you and i look at it -- tom: what does the general counsel do when the force of the company walks off the call? james: in terms of what was adequate, there was disclosure in terms of the l

cfa institute. let's measure up. show of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. yourbut as you get older,thing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. cfa charterholders have proven themselves by passing one of the most rigorous exams in the world. demand the best. demand a cfa charterholder. cfa institute. let's measure up. >>> hell

cfa institute. pthey don't invest inn stalternativesds. or municipal strategies. hope to get out of life. but helping them get there means you can't approach investing from just one point of view. because it's only when you collaborate and cross-pollinate many points of view that something wonderful can happen. those people might just get what they want out of life. or they could get even more. let's stop talking and actually be more diverse. as investment management professionals, let's measure up. cfa institute. >>> markets -- stock markets fighting for direction the outlook for oil and more, complete breakdown of what you need to watch on wall street is straight ahead and a "squawk box" exclusive just heard meg talking about it. johnson & johnson chairman and ceo alex gorsky will join us ahead of today's annual meeting. his comments on that business of j&j just minutes away. and starbucks sales are percolating in china a look at the company's plan to expand happy hump day it's wednesday as the second hour of "squawk box" begins right now. ♪ >>> live from the be

cfa institute. sell in may and go away? not so fast.half of the year, it doesn't pay to go away. >>> i want to thank our guest host this morning. got a cool new watch and other new companies. and keep an eye on it. >> thank you. >> thank you. >> okay, guys. a quick check on the markets before we go looking at the dow, by the way, up on the apple news in a big way. >> when did we split >> it's been gradually declining. >> who is in tomorrow? >> who is in tomorrow? good question. you are. >>> make sure you join us tomorrow so you can see joseph kernis "squawk on the street" begins right now. ♪ welcome to "squawk on the street." i apple up 4%. it's fed day rate decision at 2:00 p.m. tesla earnings tonight europe is back to work pmi is down for a fourth straight month o

cfa institute. let's measure up. kevin, meet yourkeviner. kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you. with dell small businessout your technology advisors you get the one-on-one partnership you need to grow your business. the dell vostro 15 laptop. contact a dell advisor today. anyone can get you ready, holiday inn express gets you the readiest. because ready gives a pep talk. showtime! but the readiest gives a pep rally. i cleared my inbox! holiday inn express, be the readiest. holiday inn express, no one thought much of itm at all.l people said it just made a mess until exxonmobil scientists put it to the test. they thought someday it could become fuel and power our cars wouldn't that be cool? and that's why exxonmobil scientists think it's not small at all. energy lives here. let's stop talking and actually be more diverse. as investment management professionals, let's measure up. cfa institute. >>> well, if you skipped the gym

cfa institute. let's measure up. nothey're not investing iney commoditiesies. or fixed income.ir money into is what they hope to get out of life. but helping them get there requires a real refusal to settle for average. because when you approach investing with a tireless desire to beat the status quo, something wonderful can happen. those people might just get what they wanted out of life. or maybe even more. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. hey ron! they're finally taking down that schwab billboard. oh, not so fast, carl. ♪ oh no. schwab, again? index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of invest

cfa institute. let's measure up. now you can, with shipsticks.com!port or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call we'll pick up and deliver your clubs on-time, guaranteed, for as low as $39.99. shipsticks.com saves you time and money. make it simple. make it ship sticks. let's always put investors' needs above our own. as investment management professionals, let's measure up. cfa institute. >>> to the new york stock exchange jim cramer joinings us now the futures are moving around on the job number, jim, once again, i think that the china tariff trump trade tariffs, i mean, that probably, at any minute, that could change the dynamic. this is sort of a -- it wasn't that much to go on on this jobs report, was there, in your view? >> no. look i look at it and say tell me something else. what i'm worried about what everybody is worried about is the united states sticking by a $200 billion trade defi

cfa institute. we're drowning in information. where, in all of this, is the stuff that matters?e. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. let's stop talking and actually be more diverse. as investment management professionals, let's measure up. cfa institute. >>> while the month of may tends to be tough for stocks there are some bright spots, the sectors that outperform, health care, tech and staples >>> get back to our guest host jason trenner. you've been overall consistent in recent months and we needed to bring some complacency out. some might say this is getting ridiculous >> yeah. do you think it's possible the market goes to new highs and then adds 5% or 10% to that before the end of the year >> maybe not by the end of the year, but i certainly think as we go into 2019 this idea that -- i think the policy made it so that the policy outperformed the economy and all of it when into financial assets and now in my opinion the fisca

here at the cfa institute summits here in hong kong, back to you, david. >> great chat. content and news, twitter, thec on first global news network launched by twitter, offering live coverage and updates on top news reports. follow that handle. this is bloomberg. ♪ ♪ >> rainy midnight in new york city. in a few hours, the city wakes up to a new trading week, futures pushing higher. we are about 90% through the earnings season, so we will see what happens. in the meantime let's get you an update, with your latest business flash headlines. goldman sachs is planning to double in saudi arabia and has approached an unidentified state owned entity about a multibillion-dollar deal. -- move head says regional goldman multiply more principal. asia, let's have a look at this singapore listed 10% rise in at first-quarter profits boosted by a jump in sales volume. the bloomberg agricultural spot index includes coffee, soybeans, sugar, and wheat, 4% lower in the first quarter than a year back. china's biggest clean energy companies offering $11 billion to buy shares in edp. they say

chris grisanti, we think the cfa institute for their support.well. first word news. taylor: u.s. trade representative robert lighthizer is not optimistic there will be a new have to deal by the deadline. naftas according -- a new deal. paul ryan said reaching a deal by today is the only way he could guarantee a vote on the north american trade deal this year. robert mueller appears to be turning attention to president trump's longtime political advisor, roger stone. a number of his associates have been brought in for questioning. they've been asked about his ties to russia and wikileaks founder, julian assange. michaelt trump's lawyer cohen offered his services to qatar for $1 million according to the washington post. just after the presidential election, he was offering access to and about the trump administration. qatar turned down the offer. eu presses theresa may for more details on brexit plans at a meeting in bulgaria today. president,et with eu the last face-to-face you will have with fellow leaders before a key summit next month. the maj