and keeping on, like cisco said, passwords and ids. damian: are you at the point in your career where you can kind of read the signs in kids and know what some of these symptoms are of them being bullied like that? amber: definitely, there are some warning signs. and as a district, we have a bullying app on our district web page that parents can report it if kids tell them at home, or students can report it. myself, i have a remind app on my phone that parents can message me directly and students can send me pictures directly on my cell phone. so, that also helps keep the communication going. damian: yeah, now i know that at my kids' school, we had to bring police officers in to explain, from the cyber crimes unit, explain the consequences. do you think, cisco, that sometimes students don't realize that there might be a crime involved and that cyber bullying could lead to dangerous, if not deadly, consequences? cisco: yes, i do feel like we don't realize how serious this matter is, and we did have the police come about cyber bullying a

cisco, they're going to have a meeting next week. that could be a potential catalyst followed by the q4 earnings falling on august 16th. out a ways one of the things that's really important here is that cisco had a really bad day when they reported their fiscal q3 it was down 7% there was a revenue miss for the guidance of the current quarter. when you think about that, you have a big gap, the company knows that they have this analyst meeting in a few weeks here they don't generally like to leave, you know, something -- nothing to talk about when you get there. we have a couple charts here i think there's going to be a little good news that they held out. that's the one-year chart. it got about 32 today. we also have a ten-year chart especially as we talk about the other tech leaders making all-time highs look at that one it failed last month just bee loet 10-month -- all-time highs last year. if we can get above the levels, this is a stock that trades 13 times earning. 33% of market in cash. >> pays a 3.6% dividend. it's cheap and t

cisco and intel both have a way to go, but cisco hit a high last month and intel did earlier this years are trading much lower multiples than they did back in their heyday in the late '90s. you remember the a'90s, grunge was in making regular trips to canada >> yes, i was. whenever i can >> check this out, back in the dot com double, cisco was 274, now at 16. last time oracle was at these levels, 88, it's now 23. microsoft was at 78 in '99 fast forward nearly 20 years and it's around 31 then there's intel, more than 50, now supports a multiple of 15 is old tech your best bet at this point should you play catchup in some of these names >> oracle, yes we talked about it last night. we think they've kbn bullish on oracle apply a 5% move, but what did oracle show you? they've made the turn to cloud almost as fast as any other company out there. used to be about new software licenses, nothing to do with it now. it's about the growth in cloud this is the question, you said 23 times, that's trailing. it's 17 times forward multiple if you like sales force, which by the way i still do at close

cisco hasn't provided any answers to that yet. but to its credit, it also and to your point, trades at a big discount to the market it's generating a lot of free cash flow. that's likely to rise and if you're going to make a bullish bet, wouldn't you rather do it on a company that's trading 13 times? >> from my seat, what dan's talk ing about. looked at the long-term chart. that is the biggest thing you can possibly do. run up and collapse and then you're going to get out and get one stock, and that is quite a concern. but the daily chart and dan references, a defect in the sense there was a heavy volume drop and the vast quarter of results. when you drop in gap, you often get a second gap in the same direction as stock like oracle gaps come in two or threes typically. there's a lot of data on that and the most recent was a down gap, so, you've got a great long-term set up,but the day-to-day is maybe -- >> i just want to mention two points then get to the trade one of the things that got investors excite d about oracle was their m

emily: cisco chairman john chambers there. meantime, the u.k. tech scene is flourishing.0% new jobs created in the u.k. this year have been in tech fields. this according to a newly replaced -- released report. ia and data science were primary drivers, showing almost 200% growth and a 136% increase since 2015. still, filling the positions is tough. the 50 most difficult roles to fill of the 44% were software and tech developers. joining us now from london, caroline hyde. a lot of uncertainty businesses are facing. this is given brexit and concerns about the economy. yet, they are still looking to hire. caroline: one in 10 jobs goes to the tech sector in the u.k. it is more than the financial sector. that was the sector the u.k. over dependent on prior to the financial crisis. and more than professional services. it is a key area of growth, almost double the growth in the last year. we have seen it in ai in particular. apple is pushing on siri, google aia -- pushing on android, and machine learning is where it is at. software developers in general. jobs -- there are jobs a

i have amazon, apple, cisco, epr properties trust and disney. what to do #m -- #am i diversified.king a long term view not looking at the espn driftoff amazon we have a little fang action we think the world -- this is going to be very difficult my travel trust owns apple and cisco. we cannot trade apple because that's one of our core tenants what we have to do as much as we like amazon and cisco, we have to sell those and add unitedhealthcare and we will add on this side we are going to add illinois tool works, itw we get industrial, a healthcare, we get a tech, get an entertainment. those changes have to be made. some people say wait a second, cisco stayed more with a dividend but they still trade together in increments to nicholas in california. >> caller: jimbo, how are you? >> good, how are you >> caller: i got engaged today >> you got engaged >> caller: yes, sir. >> man, you've got horse sense >> caller: am i diversified. chipotle, oapl, go eat it while i watch netflix. -- and my wild card, gaiy. >> what do you do with intel you go to chipotle okay all right. let's look at th

one of the things is really important, cisco reported down 7% last month, there was a revenue miss forhe guidance of this current quarter but when you think about that and have a big gap, the company knows they have this analyst meeting in a few weeks here they don't generally like to leave -- nothing to talk about what you get there we have a couple of charts i think there's going to be good news they held out we also have a 10-year chart which i think is really interesting as we talk about the other tech leaders making new all time highs look at that one, it failed last month below the 10-month high and let's go back to the 20-year, if you can get above those levels, there's a lot of room to run. this is stock that trades 13 times earnings, 42% of the market cap and 20% net of debt pays a 3.6% dividend it's cheap and there are catalysts. >> on the upside here, if you take a look back, we're talking about microsoft performance this year, that was a stale stock stuck in the mud goes back and both companies have a place in the new economy, new technology cisco hasn't provided answers to

carol: a company like cisco, it allows them to do what?what you will see cisco say masters levelhire computer programmers and we cannot find enough coming out of american universities so let us -- let'se from foreign bring some foreign-born engineers to work because of these jobs will go unfilled. carol: that is a specialty skill. but it is beyond, they are using it for workers who do not have specialty skills? >> what is the new here is that we have always known that there are companies, mostly companies from india that are getting a lot of visas to hire modestly skilled tech workers to do office work. -- they do not make a lot of money by silicon valley standards. these companies have become the villains of the h1b program in many people's eyes because they are taking on jobs that will go 's or whatever. cisco is contracting with the same companies to bring those same workers onto their headquarters to do the lower-level computer work. oliver: this is where the value of the story comes because this is something that has been in the spotl

carol: a company like cisco, it allows them to do what?t you will see cisco say is, we need to hire master's-degree-level programmers, and we cannot find enough coming out of american universities. so let us bring some foreign-born engineers in, because these jobs will go unfilled otherwise. carol: that is the specialty skills. but it is beyond, they're using it for workers who do not necessarily have specialty skills, correct? joshua: right. what is new here is that, we have always known that there are companies, mostly companies from india, that are getting a lot of visas to hire modestly skilled tech workers to do rote back-office work. they do not make a lot of money by silicon valley standards. they are not terrible jobs, but they are not the kind of silicon valley jobs. these companies have become the villains of the h-1b program in many people's eyes, because they are taking a lot of the visas that would otherwise go to your phd's or whatever. but what is new here is that cisco, and pretty much every other silicon valley company, is

he is one of tens of thousands of cisco property owners trying to make an honest living. in 2016 he rented out his property. an online search supposed the man is an entrepreneur and philanthropist. he seemed like an everyday tenet. >> it was a one-year lease. >> reporter: he got a call from the properties next to store neighbor. >> i counted 38 people left with huge bags. into four bands. >> has he ever lived here? no. >> reporter: people lived there neighbors said. they just were not steve. it is a violation of the short- term rental laws that states the host must be the permanent resident. >> he is booked 20 out of 30 days. he is making a lot of money. >> reporter: at a different property. >> the owner is an elderly lady who had to go through bypass surgery. >> reporter: the property manager had steve as a tenant as well. >> you have to see this. it is so corny. >> we demanded clearly in writing that he stopped. >> reporter: the home sharing profile became a pricey problem. in an effort to preserve san francisco housing and february 2015 the city inundated short- term r

. >>> cisco is launching a new type of network to fend off cyber attacks. ceo earlier today and joins us now with more on this this new system here, david. >> thanks, bill. that's right it's a lot more than just cyber security they are that you canning about this in very large terms at cisco in terms of it ushering a new era of networking, this, of course, from a company that really introduced networking overall to the u.s. and helped to lead to the burgeoning of the internet itself. but certainly cyber security is one key part of it with billions of new devices being connected over time. perhaps as many as a million an hour by 2020 by some accounts, and most of them phones. we're talking about the internet of things and everything that's going to be a part of that there is a need for a much more intuitive security measure on the network, but it's not just about that it's about expanding the network. it's about being able to have companies not have their engineers in place to make tweaks and do all sorts of different things that node to take place to change

i have interviewed him about cisco's commitment to the country.ce to watch how he is evolving, and if you watch the momentum, it started with the prior government, they are a country that i think will disrupt others. i would beto -- careful to judge france as just a place to have a great vacation and a great dinner, they are up place to have a great business. issues from the labor perspective -- yes. i am optimistic that he will bring the whole country with him, and he is part of the three hotspots in europe. you not -- you would have not only thought the silicon valley area with those startups, one from france, israel, and germany, which can show how fast europe is moving as opposed to u.s. in terms of startups and generations of jobs from those. i'm optimistic about what president maccallum -- mccraw will -- macron do. jobs: more than 10% of created in europe this year have been in tech fields. data scienceai and were two of the primary drivers, showing a 136% increase since 2015. still, this will prove tough. the report found that 50 most diffi

josh: what you will see cisco say is, we need to hire master degree level computer programmers and wefind enough coming out of american universities. so let us bring some foreign-born engineers to work here because the jobs would otherwise go unfilled. that is the company like it carol: that is the specialties -- specialty skills. but they are using it for workers that do not necessarily have specialty skills, correct? josh: what we have seen -- what is new here, we have always known there are companies, mostly companies from india, they are getting a lot of visas to higher modestly skilled tech workers to do kind of wrote -- rote back-office work. they don't make a lot of money i silicon valley standards. these are the companies that have become the villains of the h-1b visa program and many people's eyes because they are taking a lot of visas that would otherwise go to phd's or whatever. what is new is that cisco and pretty much every other silicon valley company is subcontracting with these companies to bring the same workers onto their headquarters to do the lower-level computer w

. >>> cisco systems has a limited -- eliminated 250 jobs in san jose. it became effective may 15. it -- 18th. cisco reported a worse than expected business outlook. >>> the lab owned by google is adding the technology of facial recognition to their cameras. they will be able to identify people in a home using a photo app. parents could program the camera for when the child is at home or has visitors. the camera will cost $300 and a $10 a month subscription for that service. >>> a real scare in the sky after lithium battery catches fire on a flight to sfo. how this incident is igniting new concerns about lithium batteries. >>> word tracking a warm-up. it did warm up a look at the fog out there now. plays in the forecast but so does the warm up. >>> a flight to san francisco was made -- forced to make an emergency landing after lithium battery in a passenger's backpack caught fire. it raises concerns about those batteries which can cause fires in everything from hover boards to cell phones. >> when the passengers backpack started smoking. this jetblue airliner from michigan to sfo m

much faster growth of cloud maybe cisco announces something that shows a brighter growth path otherwise, i bet it will continue to set out this multimonth tech rally. this is an important meeting wednesday after the closing, we find out the results of the federal reserve's comprehensive capital analysis and review, and these findings are far more important than the bank stress test results we got. seecar will be about green lighting banks to return more capital. the hope is the trump regime's desire for deregulation will be reflected and you'll see some buybacks that's what i expect from citi group, which you can follow along. thursday, gigantic first we still have a consolation brand, which i raved about last night i think the growth is underestimated on wall street, because analysts don't seem to understand how the company buys great brands, get this, they were all brilliant acquisitions at better prices after the close we heard from nike there are people on the street claiming this is the last best chance to get into the stock of nike before it next moves up others are saying here co

cisco is launching a new network to help stop cyber attacks chuck robbins is joining us ahead. >> theown on the trade all that and more is coming up on "power lunch. at&t i g with farmers to improve irrigation techniques. remote moisture sensors use a reliable network to tell them when and where to water. so that farmers like ray can compete in big ways. china. oh ... he got there. that's the power of and. >>> welcome back to "power lunch. we have the vice president mike pence and house speaker paul ryan and our manufacturing in u.s., thank you for joining us a lot of tax reforms a lot of people have trouble to make that link it is nice, you are going to enrich the owners, what does it have to do with jobs >> if you think of manufacturing and the fact they are supplying an enormous amount of jobs in this country, what happens when their money is tied up whether it is in government or the regulatory process we unleash the ability of employees and actually and not only create new jobs and opportunities but lift the wages of those already working with us this is an important issue for ma

areas and it's a beautiful day in woodside and 70 you there and 72 san mateo and low 60s and seven cisco here is a look at your forecast. 75:00 with the westerly breeze at ten miles per hour so 63 degrees at the start of the game and going back into the upper 50s by the end of the game and bring along the extra layers and here is a look at your extended forecast. a slight dip on saturday and backup on sunday and back down on monday and tuesday and all in all not a lot of change. low 60s at the coast and low 70s at the bay and widespread 80s expected for inland cities. >>> perfect. thank you, rosemary. >>> san francisco is rolling out a new program aimed at keeping cigarette butts off of the streets and out of the ocean. there is a pilot program putting new holders in the sunset enrichment district and partner -- partnered with the surfrider program and kick it off by collecting butts and they said it is the most littered item in the city and they end up washed down the drain pipes and into the ocean. >> we still see the letter everywhere and i think it takes a renewed effort and more cre

the multi layers of clouds and fog over some cisco . higher clouds moving in from the north . rainfall will be a factor tomorrow morning . especially for san francisco . this is sky cast showing you the raindrops coming down . as far as rainfall expectations, northbay it is not just a few sprinkles . maybe a quarter of an inch to half-inch . southbay the system fizzled out by san jose . just a trace or .02 . here is the deal in oakland . rainfall likely at 7 am . it will be mild . temperatures close to 60 degrees . it is a morning deal . friday afternoon, rainfall chances . clouds as well . just 3 pm with cloudy skies and the temperatures close to 70 degrees . a front approaching northern california . a source of raindrops already . up to the north . we talked about rainfall expectations for tomorrow . and moved out quickly . friday and the weekend, on the cool side, but dry . a bit receipt with winds out of the northwest up to 20 miles per hour . here is the forecast model tonight showing you the approach of the front . rainfall will appeal her -- appear . just in time for th

he also just happens to be with our very own guillermo right now via -- [ cheers and applause ] the ciscotream. hi, markelle. congratulations. >> how are you doing? i'm doing good. thank you. >> jimmy: you're welcome. you're going to philadelphia. my first question is cheesesteak related. which do you like? pat's or geno's? because if you're going to live there you're going to have to pick a side. >> i know, i know. i ac i've been going to like larry's. i had my own chef cook me one. i'll have to check it out. >> jimmy: what does it feel like to get picked first in a sport? that's never happened to me. [ laughter ] and i'm just curious. >> first of all, i mean, it's a blessing really. it's something that almost all kids dream of. and for me to do this, it just goes down in the history book and it's a milestone for me. >> jimmy: do you feel more blessed or hashtag blessed? >> hashtag blessed. [ laughter ] [ applause ] >> jimmy: so now you're a professional, you've been drafted, are you going to buy anything exciting like a snow leopard or a submarine or anything? >> no. nothing like that.

we have done a joint press conferences in terms of cisco's commitments.e a country that is going to disrupt others. they will be very different from the france we used to know as a place to vacation and have dinner. ins he have areas to address terms of tax regulation and law, and also social issues from a labor perspective? yes. mi optimistic that he will bring the country with them? oh yes. you would've thought you were startupsin silicon that i interviewed, but you would also realize, faster europe is moving than the u.s. i am optimistic about what president macron will do. i think you will be a strong leader. are not allowed to sit on the fence on this, are you more hopeful for labor reform in france or tax reform in the united states? john: i think both will happen by the end of the year. jonathan: will it be good for do thingst cisco to with cash, some dividends, some buybacks? hn: the answer is yes, and our president has outlined how he is going to do that, but i think also what is done in europe, they remind me, if the u.s. can't get it together w

both were in seven cisco. -- san francisco. at the time he was not a driver for ups but worked for the company loading and unloading packages. >>> there was an emotional ceremony ahead of the congressional base game between democrats and republicans. a capital police officer wounded during wednesday's shoot out throughout the first pitch. he hobbled onto the field on crutches. it was part of the security detail that killed the gunman. five people were wounded at the practice including a louisiana congressman. tonight's game comes 36 hours later. >> reporter: lawmakers from both parties are stepping up to the plate after yesterday shooting at a baseball practice in suburban washington. the investigation into the gunman continues. the game starting with a moment of silence. attribute to the victims of yesterday's shooting including house majority whip steve scalise in critical condition after multiple surgeries. president trump addressed more than 20,000 fans in a video message. >> by playing tonight you are showing the world tha

insan orter: the three suspectsh cisco be hecounty jail, g they do face charges including assault with a dangerous weapon, battery and vandalism. police say they are still looking for a fourth suspect. live in the newsroom, allen martin, kpix 5. >>> a live look now outside in dublin. the bay area definitely heating up this weekend. robertis here with a look at the triple-digit temperatures ahead. >> one thing i'm noticing there by that view, the air quality is looking decent still. hi, everybody. let's go outside now. checking out the sea er 9. you can see it waving, offshore breeze at this time. the heat is on. then we have a little faint layer of fog drifting above the golden gate bridge. the temperatures at the coast will be cool. 63 in san francisco compared to 94 degrees at this rosa. ur it is in the 80s in san jose. 87 livermore. later today numbers stacking up at the 60s in the beaches. 70s in san francisco, 80s fremont. 90s inland. wherever you see the yellow that's most the bay area we have a heat watch that goes into effect on saturday through monday. the red areas contra cos

them, but i also don't want people to say, hays, listen, i'm going to go buy it and i can't go wrong ciscovor i don't think it's going to have that meet teoric rise and stock. i hate cramer. hate my dog. kick my dog. >> david, you do have some stuff on toshiba, right? >> yes you know, guys, as you know, carl, jim and i have been talking about this very important sale of the flash business for toshiba i want to do a faber report on that we do have some things to add. this morning we got the news that a consortium that includes the innovation network corporation of japan, bain capital private equity and the development bank of japan, sort of the incountry consortium, if you will, has been at least deemed preferred bidder for that sale of the flash business very important sale. of course, we've discussed this in terms of toshiba's financial wherewithal and its ability to continue outside of any bankruptcy filing. of course, it affects the bankruptcy filing of its west g westinghouse subsidiary. the flash business is a huge business i've been reporting for some time that broadcom has had signi

cisco, the food distribution , the food sysco distribution company sliding. is there anything at this point amazon is not getting into? cisco down 5% and whirlpool is down as well after it revealed one of the company's refrigerators appeared to have deadly tower fire in london. whirlpool iseath continuing to investigate alongside the authorities. getting to the other stories we , the annual today rebalancing. if you look at these three averages roug russell is tracking, the 1000, 2000, and 3000, we are seeing an upward by but we have not seen a jump in volume. we will get to that other chart in just a moment. you can see all the real them -- three of them are higher today, but volume has not been seeing a boost. in fact, we're seeing declines in volume. chart brings back as the surge in volume, probably not until the end of the session. over the past several years, here is what the volume look like on the day we saw the russell rebalancing. in four the past five years, it ranked as one of the 10 busiest trading sessions of the year, however a lot of traders h

this is a battle, the cisco the. they were both found i believe this is what it's called above the porticos we have outside. the symmetry here shows you to it was the top rectangular box. they were doing some restoration work in the 1960's they fell out onto the restoration workers. we have heard since that early builders when leadtools is their calling card saying, i was here, this is my work. we have them on display. we chose not to put them back up into the woodwork. also the original males and hinges. with so have the plans of the building here. this is just a reproduction of look a but it -- these lot different than the blueprints you see nowadays. how he related outcome and the different spaces that heof the grass built into the design of this space. debt here are some comically different go to places. this is the front door key originally. things out is famous for, his writing -- writing a book of young carpenter's assistant. but only did he care about doing the construction itself, but there was a lack of rea

chairman, a president who appears to be allergic to stay a week and in some days, even their cisco he jets off to one of his many properties. who is responsible for this type of transportation on these getaways? our united states air force. who foots the bill? the american taxpayer. we pay almost $200,000 for every hour air force one is in operation. to date we have 44, 44 trips. if you want to compare that to president obama, it's not even close over the same time period. in the past that was an expense of the american people happily accepted. we've never had a president to a spent nearly 40% of his days hopping between his own properties as you can see again from the chart come from us probably in mar-a-lago to his various golf courses all across the country. this is a menu promised in 2015 i'm going to be working for you. i'm not going to have time to play golf. particularly ironic that president trump's on track to play with well over two what rounds of golf at his own clubs of course after only one term in office. given this o unending pattern of expensive and unethical travel, t

cisco, where the shares are inexpensi has been a contrarian name, a company we continue to like, driven by changes to its underlying mix. while the indices are at record highs, we are really looking for names that we think can outperform virtually regardless of the market environment. which, again, we expect is going to remain pretty volatile. >> all righty. on that note, gentlemen, thank you. good discussion. >> thank you. >> thank you very much. >>> a second federal appeals court ruled against president trump's revised travel ban. the new ruling from a three-judge panel affirms a march decision to block major parts of the order, which limited travel from six predominantly muslim countries. the judges wrote that the order exceeded the scope of the authority designated to the president by congress. the ruling will likely be appealed to the supreme court, which is already considering a similar case. >>> there are a few other stories as well out of washington that investors need to be keeping an eye on. not surprisingly. john harwood is here to talk about them with us. john, good to see y

and again we have the testimony of general cisco back in 2710 years ago, though we have known that. it's an economic issue, hundreds of businesses and executives support of the accord including energy companies like exxon mobil. several members of trump's business council as you know resigned yesterday in protest of his decision. trump says is putting america's jobs first, but the accord would have created an explosion of green energy jobs for the future. keep america preeminent and never one for the jobs of the future is essential that the world moved to a place that recognizes the danger of climate crisis. it's a health issue, and national security issue. it's an economic security issue. it's a personal security issue. families health is affected by this. disagreement create safeguards that reduce the pollution that sickens and kills tens of thousands of people each year. that's why these countries are joining in. this is a matter of environmental justice. big matter of if i middle justice. lower income minority families are disproportionately vulnerable to the ravages of the clim

this thursday, cisco chair john chambers will join daybreak america in paris for an exclusive interviewbloomberg. ♪ emily: automakers are seeking permission to put more experimental self driving cars on the road to speed up development. car companies are asking congress to expand the cap on how many cars can be deployed under waivers them safety regulators according to the alliance of automobile manufacturers. they were asking congress to clarify statements of roles and regulations that implicitly require a human driver. speaking of self driving cars, after years of toiling away in secret, tim cook elaborated on the company's plans in the automotive market in our exclusive interview. >> a thanh amis is something that is incredibly exciting for us. we will see where it takes us. we are not saying from a product been to view what we will do. but we are paying straightforward that it is a core technology that we view is very important. emily: our interview with tim cook spurred analysis. others are taking notice. carl joins us now, the parent company of the kelley blue book and auto trader

here is some of the biggest losers on the day that be cisco systems. and some of those were tech related as you noted. we saw microsoft and apple under pressure. closing at 14368. what did you squeeze it out where the financials. we saw that nasdaq selloff once again. it's almost as bad as it was on monday. the moves that we have seen monday we dropped 1.6 percent in may we have a 2.5% drop. the nasdaq has done very well at this year so if you have the heart for some of these tech stocks you might just had to accept some of these. i will leave it to you with two thoughts. first at the ten year bond yield. and last but not least some concern also not only about the trump agenda been delayed but also about all that central banks around the world. unwinding some of those balance sheets and how that could switch the market. thanks for coming on. the supreme court letting the president take the van. all nine justices decided this is not a muslim band. now the obama administration also has the same countries on a list of countries of concern. but remember wh

the company is considering 75,000 square feet in a business park where google and cisco have offices.reed to rent space earlier this year. venture capitalists are pushing a lot of cash into artificial intelligence. more than doubling the investment into fertile reality in 2016 according to data. more than $2 billion have been invested in machine learning technology this year. new yorkpartner at venture partners spoke with scarlet fu at the bloomberg paddle about the -- panel about the interest in ai. >> i guess everybody wants to get back on the ai track. it has always been part of the conversation for a long time. .t has become vogue you can get a job as a data scientist immediately at a quarter million dollars a year. of ai, there is no question. machine learning is everywhere. it will continue to be everywhere for a long time. is it real? that is the question. i think ai is when you're doing a lot of number crunching, and many people right algorithms and they are doing ai, but they are not. ai is huge and continues to grow. it is the next, shiny thing. to pickit is so hard and choo

sing enough ♪ ♪ cause there's not many men that i've done the things that you've done ♪ ♪ here's to cisco good people that traveled with you ♪ ♪ here's to the hearts and at the hands of the men the ♪ ♪.com with the dust and are gone with the wind spee ♪ ♪ i'm leaving tomorrow that i could leave today ♪ ♪ somewhere down the road someday the ♪ ♪ the very last thing that i want to do ♪ ♪ is to say i've been hitting some hard traveling too ♪ ♪ [applause] >> you discovered this to bob dylan had used had been swiped from a song that woody guthrie had written, which is an incredible turning point for this narrative for your exploration of the topic. explain that. explain how digging into the canon of bob dylan, you discovered what the guthrie and how that changed. >> this is, for you young people, when you have to go through the record bins to find music. i tried to find out more about what he guthrie and there wasn't much. they didn't have very many records imprint. the best i could do was arlo guthrie, his son, who was famous at the time. he put out a record that had some nice songs and bob dy

the effects will be widespread along the central gulf, the threat for tornadoes, all the focus on ciscoornado watches from 1:00 central time from louisiana, mississippi and alabama as some of these rotating cells could produce week tornadoes and some damage so watching that, the threat for severe weather, no tornadoes right now but that watch until 1:00 pm, the legacy will be the heavy rainfall. 9 inches for widespread region including ohio and tennessee river valley, isolated over a foot. flash flood watches and warnings in effect until the weekend as the storm moves toward the ohio valley anticipates. that is going to be the big problem as it continues to weaken. also went to make mention we have been dealing with days of heat across the southwest and california, highs again today really extreme, people are urged to take precaution, watch the kids and the elderly and bring your pets inside and we will be watching the remnants of tropical storm cindy. >> casey was in the i. >> thunderstorms are very widespread. he was seeing calm weather but that could change in minutes. heather: other

speaking of the sierra, we have some chain requirements this morning for interstate 80 between ciscor lake, that is for all vehicles except for four wheel drives with snow tires. and so just use caution. we could have slick roadways. we will look at drive times coming up in less than ten. >>> today is the big day for the warriors. they are going to try and close out the nba finals against the cavaliers and do it at home. >> as we countdown to the game, dub nation coming out strong and hoping to get the championship gear. amy hollyfield is live at oracle arena. amy. >> reporter: good morning, natasha. you can see oracle arena is almost ready but not quite there yet. they have a plastic tarp covering the court, and they have had to do a quick turn around from saturday night, when roger waters played here at oracle arena, so they are still working to turn the place into a basketball arena. retailers are busy planning and preparing, too. they are getting busy for a victory. they are hoping to have championship t-shirts soon for sale, and they were telling us they are working on where to

this is no more than the $60 billion cisco has overseas i also hope will be be brought to the u.s.seems almost fanciful to think of that these days because of the errant tweeting and controversy over the paris france thing. there were times i would pounded the table because of the onerous regulations hamstringing banks would be repealed by now and the trump administration would allow the grownups who run their banks would be more expansive instead of waiting for the stingy regulators to give them the high sign. you can't possibly own the big banks based on the possibility something trump does not when trading weaknesses are staring you in the face. the only things i see to help business is backfiring. trump favors aggressiveness and all that will do is cause a glut and more prices, self-fulfilling. lord help the ceos that spend time with trump, did anyone put more time than mark fields to bring jobs out of mexico? he's out now. it's not like we're having a trump slump versus a trump bump, what we have is nothing. don't get me wrong, that's not the end of the world. from a business

retailer may look to start distributing food to independent restaurants, companies that already do so are ciscoperformance foods. the other two are trailing still down. 7 seconds, 6.5. let us go. sorry about that. breaking news. tell me now. okay. we've got a fifth senator just breaking right now, a fifth gop senator dean heller moments ago from nevada came out against the senate health plan. we had four others including ted cruz and, of course, rand paul, dean heller is holding steady with them as nay. another health care hiccup, of course. critics pointing directly at a particular campaign promise he made multiple times on the campaign trail. >> i will not let anybody touch your social security and medicare or your medicaid, it won't be touched. believe me. liz: here are some of the twitter chatter. i'm reasonably sure trump wouldn't have reached 270 electoral votes if he openly campaigned on taking medicaid from 14 million people, from democratic congressman, john geramendi who retweeted a may 15th tweet, quote, i was the first and only potential gop candidate to state there will be no cuts

emily: the president -- alisa: the president also cisco we lied in his senate testimony and he wouldg to testify under oath. russian lawmakers are dismissing comey's testimony is insignificant. the deputy says accusations of russian interference in last year's u.s. presidential election are in attempt to worsen the relationship between washington and moscow. prime minister theresa may has apologized to her conservative party after her failed electoral gamble to secure a greater majority in the u.k. parliament. >> i am sorry for all those candidates and hard-working party workers who were successful, but also particularly sorry for those colleagues who contributed so much to our country and who lost their seats and did not deserve to lose their seats. as i reflect on the results, i will reflect on what we need to do in the future to take the party forward. confirmed top-five candidate positions in her u.k. government will stay the same. philip hammond will keep his job as chancellor of the exchequer. boris johnson and michael fallon will remain on as defense secretaries. david davis w

held for the little girl who died back in 1876 and was found last year buried under houston separate cisco. the three-year-old girl was identified as edith howard cook through dna analysis, cemetery records. her casket was found by construction crew. inside the little girl was well preserved with the long blonde hair, white dress and flowers on her chest the group reburied her last year and now that her name is known they will hold a memorial service for her at the cemetery tomorrow morning at 11:00, the public is welcome. >>> the following continues from former fbi director james comey testimony. this morning president trump -- posted his first tweet. despite so many false statements and lies, total and complete vindication and james comey is a leaker. he said it was a president who lied and defamed him when he said the fbi was in disarray. present trump's personal attorney jumped on the admission by james comey that he release memos detailing private conversations to the media.>> he has now admitted that he is one of these leakers.>> we now are hearing the legal team will file a complain

liz: ambassador bolton were to cisco? we have north korea saying we didn't murder otto warmbier. is your reaction when you heard that? >> will these people are guilty of what many people have just called their boundless mendacity. there is nothing that the north koreans are not prepared to say whether it has any relationship to reality or not. the way they treated the entire warmbier affair including lying about it demonstrates their character. not of the north korean people but of the regime. they won't be honest about this. why does anybody think you can take anything they say on their nuclear ballistic missile program with any validity at all? this is got to be the final proof this regime can't be affected and its behavior needs to go. liz: ambassador bolton we love having you want to come back. the story. nancy pelosi's aides reportedly providing people with tweets supporting her. example samples of tweets that they can send out to supporter leadership. we will show you that story, after this. at crowne plaza we know business travel isn't just business. there's this. 'a bit o

we have chains required on interstate 80 between cisco drove and donner lake, and state route 88 youains on around silver lake as well and that's for all vehicles unless you have four wheel drive with snow tires. >>> and then the pothole blitz today. crews will work in different neighborhoods each week until the end of july. >>> a warning for new jersey brides to be. if you book your wedding at a trump property, there's a chance the president could crash it. president trump went to at least two private events at his golf club over the weekend, and the bride and groom said they had no idea the potus would stop by. >>> and then one teen, this is pretty creative, though. >> she was surprised by her family as a dough roll. the money rolled up into a tissue box. her mom recorded amount was 1,000 bucks. >>> coming back with a full 90 minutes of news including googles massive expansion plans, and not everybody happy about it. >>> and the suit president trump is expected to be slapped with later today. later today. >>> a beautiful look ♪ later today. >>> a beautiful look ♪ ♪ >>> good morning

it will take for investigators to positively identify the remains and we will try to talk with sam cisco authorities and the authorities in alameda county to find the latest on this investigation. >> thank you, christien kafton. >>> it is 6:04 am. >>> a san francisco police officer suffered minor injuries while trying to break up the big fight at the westfield mall. >> the police rushed to the mall around 6:45 pm last night. there were several fights in the video posted on twitter shows you how chaotic the situation was but it is still unclear what started the fight. the police closed the mall to help to control things with several people the team, and one juvenile was arrested. >>> the san jose flower shop owner accused of treating -- cheating customers out of more than $26,000. the owner of gigi's florist is charged with grand theft and fraud. she did not provide services with several customers after they paid in the san jose mercury news reported one family took out a $10,000 loan to pay rivera for the event but when the event was canceled they did not get their money back. if convict

morgan does and what cisco or apple, rather, would do in those earnings. >> sure. and they were compared to what they did last year the same quarter, which they looked great, but to the points of financials rallying, goldman sachss what up 38% of the election 30% move on the dow. >> that doesn't happen without somebody saying we will repeal dodd-frank. >> as we saw, that's the period so far >> the move, the economy doesn't do what it's supposed to do, all of that optimism only gets you so far. >> no, banks are within 2% of the all time high on xlf i think people get that wrong. i think the feds raising rates, you don't need to yield curves that's not what's going on >> well, our next guest is one of wall street's most accurate forecasters. he says forget russia. forget sessions, what matters most right now is tax reform j.p. morgan's derivative and quantitative strategies. welcome back why don't you all pine on whether you think this trump rally gets a reboot here it feels like it >> they said, i like value i like the financial energies, i would wait a little bit m

security transformation by cisco. just run. run like you know how to run. by cdw. ♪ we created the ripple: the doughnut in a doughnut in a doughnut. right away, it was a success. i mean, it really took off. what people don't know is that it all started with points from my chase ink card. i bought the ingredients, utensils, even custom donut cutters. wow! all with 80,000 points. what will you create with your points? learn more about the ink business preferred card. >>> uber's board of directors voting unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company. the report is the culmination of several months of investigations by former attorney general eric holder a board rep said the recommendations will be released to the employees tomorrow. it's unclear if any action will be taken against ceo travis kalanick or any others, but kalanick can face a three month leave of absence other reports suggest that would be up to travis, jim but they named a new nestle executive to the board a third female hire

security transformation by cisco. just run. run like you know how to run. cdw. ♪ so, how are things carthey-ise? you're fired! [ screaming ] it's time to get back on top. we're going back to villainy. ♪ so bad ♪ so good that i'm so bad... [ maniacal laugh ] ♪ don't try to fight the feeling ♪ ♪ of somethin' that's so organic. ♪ [ pop ] despicable me 3. rated pg. >>> here's amazon, up 2.5%, still below the $1,000 mark pushed through a few weeks back, but higher on news the e-commerce giant is buying grocer, whole foods, but according to tech investor dan niles, this move may not be good for amazon and what he told us in the last hour of the show why he shorted the stock >> caller: this is part of a portfolio of stocks, and we'd rather own facebook, own a google, and in this case with amazon in physical retail, which is really messy, we don't like it at this level relative to the other two. those two stocks will hang much better than amazon that now is going head to head against walmart and aldi, et cetera. >> amazon is one of the largest positions in mr. bill

the question is does blue apron come to next app dynamics meaning cisco dynamics before the offeringl, you know, next week will someone look at a william sonom say this say great marriage glchlt interesting they're seek 3g$.2 billion valuation. we'll leave it there, guys lots to talk about these days with ipos. come back. >>> and when we come back on "squawk alley," details on youtube's run to number one in terms of monthly active video yusers first, rick santelli, what's on your radar today >> everybody smiling say cheese the last open outcry cheese auction is going to happen in the next few minutes this is a wonderful pit down here then we'll still exist they'll have cash market options just like milk and cheese are still around but it's the end of an era maybe the beginning of a new one. we'll be talking about fattening your wallet after thbrk.e ea >>> today on "halftime report," tom lee just dropped another bomb on stocks he's with us live with a note every investor needs to see today. >>> plus, are the popular growth stocks that driven the rally in a dangerous bubble and we'll d