plus, david faber sitting down can alibaba's ceo, exclusive sw sbur view just moments ago and later, while everybody has been focused on apple and the fang stocks, why only five class bic dow names have been surging. we'll tell you what they are and why one trader sees more room to run. first, we start off with the brick and slaughter that went down today sinking more than 2% and amazon launches its prime wardrobe program. nordstr nordstrom, j.c. penny, chico getting slammed. could this be the final nail in the coffin for traditional retail. >> for a lot of them, absolutely we give dan nathan a lot of crude, but you got to give him credit op this one he said the etf, worst chart he's ever seen ch he was right good for dan is it the nail in the coffin for a lot of these folk, yes we've been cyst enter on that. what i've been wrong on has been target i thought they held a huge level. the same low we made in 2014 and it looked like they were in terms of the stock, turning the corner a bit obviously, this thus came out u and it's all bets are off. but where would i go i still think targe

change of pace change of pace. >> speaking of disrupters, jack ma of course has been the focus of david faberhe past 12, 18 hours that exclusive, david. walk us through it >> yeah. you know, carl, of course we're here at gateway 17 this is an event that was put together by alibaba sometime back and hats been attended or will be attended by 3,000 small and medium-sized businesses here in detroit not all of them from detroit, i should say the event is in detroit. they're being drawn from all over the country, but particularly sort of the heartland to give them a sense as to the power of the alibaba platform to allow them to reach the consumer in china. it's all part of, of course, jack ma's globalization, he being a key evangelist for globalization in a time when really is t would seem to be in retreat. that was an area that he and i talked a good deal about in our interview. take a listen. >> my belief is a globalization is good but it need to be improved globalization should be inclusive to everybody we should not, you know, throw out the baby because the baby's crying too much. it's a good t

david faber sat down with the company's ceo earlier today and joins us now with more on this this newat'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 the way a network operates all of this part of what have cisco is introducing today at the present ti

point. >> jan kniffen, thank you for jumping on the phone on this breaking story. >> of course, david faber on vacation, but david, we thought of you as this news broke this morning we talked about the industry ramifications, but as ramifications for activists too. >> yeah, it does certainly a very positive outcome for janna which has been in the stock as you know for some time. i managed to make a couple of calls and got the sense -- not the sense, got a bit of the calendar here in terms of how the events unfolded. amazon has not been there that long in terms of negotiating with the company, but did show up right around that time that they did a redo on the board of course, being having been pushed by janna to do that and it does appear some of the new directors who were appointed were the key people in sort of bringing this deal to fruition on the whole foods side in terms of perhaps, you know, convincing mr. mackie it had to happen. ron shaich also, sara, you know very well. panera on that board, having sold his company to j.a.p. then they benefit from kroeger's mishap, the stock being d

we've go live to david faber live at the alibaba event happening in detroit hi, david. >> reporter: thankssara. jack ma is one of the best known businessmen in china and he's working to make his presence known in the united states having addressed the 3,000 small business owners not long ago but that may not always be the best thing to be in china. for example, anbang insurance, the chairman's whereabouts are unknown. so i asked jack ma is one of the most high profile if not the single highest profile businessman in china, if he ever worries about running afoul of the government >> well, i think as a business people, i do everything to make sure that my customer is happy, the society is good, it's healthy. social responsibility is the key. whatever we do, we try to make sure that the society is good. so i don't know what is better than the others. >> you don't it's a small community of you giants in chinese business you don't have any idea what happened to chairman wu? >> i have known chairman wu for years, but we don't talk about what they think about. sometimes when i look at the busines

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.utures in a narrow range but positive as markets brace for a heavy wave of political news over next couple of days. the president goes to ohio to talk infrastructure. he has nominated chris wray for the fbi director. and our road map begins with a deluge of news from d.c. trump tweeting his nominee for fbi director. more reports on comey's rift with the president. and the president goes to ohio to talk infrastructure. also, a senate intelligence hearing in an hour. >>> and the retail wreckage continues. sears is closing even more stores and macy's lowered guidance yesterday. talking about margins. but there might be a bright spot and the name is walmart. >> tesla stock hit an all time yesterday and where they might be headed with the model 3. first up, the president has chosen the nominee to be next fbi director as comey gets ready to testify on capitol hill tomorrow. our eamon javers is in washington. what a day for news. good morning, eamon. >> good morning. so christopher wray will

i'm david faber along with jim cramer. we are live from the new york stock exchange.arl quintanilla, well, he is live from the code conference in ranc rancho palo verdes in california. hillary clinton and others have shown up at that event. we're a half hour from the opening of trading on a thursday. you can see it largely looks like we'll get a positive open, but things reversed yesterday. financials in particular. europe you ask, jim, you didn't, but i'll show it to you. all five of the big markets. you can see spain is the only loser thus far this morning. continued strength in the euro markets. >> eurozone -- look i think that draghi -- i'm not kidding, no conspiracy theory, keeping the euro lower. they're not happy with our president. >> a lot of unhappiness in a lot of places. our road map starts with president trump, as he is expected to withdraw from the paris agreement. the major names opposing the decisions and what elon musk said he'll do if the president does withdraw. >>> one of the companies by the way hewlett-packard coming up. we'll have ceo meg whitma

i'm carl quintanilla with jim cramer and david faber will join us in a moment we look at the reactiono jeff immelt leaving ge. our road map begins with ge, immelt is set to retire this summer the tech stocks are on track to tumble apple under pressure missolo downgrades apple >>> first up, jeff immelt is resigning as the ceo john flannery will take over we have talked about immelt and ge's trouble just trying to keep pace with the dow. really since his tenure began. >> it's the worst performer in the dow since he came in apple -- he's down 31% some people can always argue at that moment that he came in it was a high water mark. others have said, listen, he did cut the dividend, but many who cut the dividend i think that's what's happened when you compare him to a honeywell, when you compare him to david cote, even to greg hayes at united technology, difficult to compare very difficult to compare. >> meaning immelt does not meet their standard >> it's empirical. i'm not saying listen, i know the guys, i know them pretty well, and they were able to reshuffle the portfolios in ways that

that partnership and china's e-commerce giant alibaba is pitching its message in detroit today david faberhe spoke to the company's executive chairman jack ma you still there, faber you're in michigan, in detroit, yeah >> i am still here in detroit. that is true, joe. interesting town, actually they say it's turning around >> hear from dan all the time about -- >> yeah. i know you guys have him on all the time >> that's good >> he was here yesterday talking about all the square footage that they're adding in terms of buildings, and waiting lists for tenants, both for business and for residential. but yeah we talked to jack ma yesterday, as well about a lot of things. as you know, joe, i mean mr. ma sort of likes to talk about the future in very broad terms he is the visionary for alibaba. of course its founder back from 1999 from 18 years ago. but he's always been setting sort of the broad vision stepped down as ceo almost five years ago at this point but still talks about what he sees coming and how alibaba can benefit from it. one of the things and the reason that we're here is because t

even if my squawk on the street partner david faber put the kibosh on just this morning. quarter number two veil resorts they report thursday, and vacations have become facebook rights of passage. and vail has been benefitting from this trend for ages. you know what i'm anticipating is a possible sell-off. we're devoid of earnings on friday, no analyst meetings either. so i think people are going to be sitting there concerned with the mornings jobs report we got today and friday. remember most investors in all holders of bank stocks, which have been horrendous, want to see a raised health. if they do nothing, there won't be selling, so why not get out ahead. i'll give you a heads up if i think that's a distinct possibility. heading into the summer, you're going to see light volume on saturdays. so any volume will be exaggerated, so let's be careful out there. this comes so close to the watch, that they often hold the key to our oil being traded. crudes come under pressure anytime we get a stock in rigs. each rig can produce a ton of oil, and whatever opec has try today ke

not to be, pinnacle brands quickly fell the session lows as you saw earlier this morning, cnbc's david faberays talks between the companies are said to have ended. that is pinnacle foods and conagra. reuters reporting the two had been in talks. pinnacle falling, conagra shares saw similar patterns, the knock-down is much, down by nearly 2% here. to otherck around assets reacting to the jobs report, the u.s. dollar is certainly one of them, you see a very sharp reaction to the numbers down now .4%. is interesting different assets reading the report differently. vonnie: the dollar index has been on the decline this week anyways. julie, thank you. mixed reports from the u.s. labor department, the u.s. adding 138,000 jobs in may, short of consensus estimates. the unemployment rate fell to a 15 year low, that was because the participation rate declined for the most part. earlier today bloomberg spoke to gary cohn and asked whether the lower participation rate was a disappointment for the administration, which is made a big deal about people returning to work. >> don't assess on anyone number on a

want, what comcast and charter would want from sprint the likelihood of an all-out sale i'm sure david faberill have more on this later >> i think the big headline is that it puts the t-mobile sprint deal on hold >> something everyone was expecting? >> less hoops to get over, so that was something that was possible before but now will not happen for whatever reason. >>> hedge fund paulson and company upping the stake in valeant to 6.3%. this a week after john paulson joined valeant's board >>> general motors is trimming its new vehicle sales outlook for the year the company is now expecting sales to be in the low 17 million range affecting a widespread expectation that the industry is headed for a down turn. >>> shares of western digital slipping after they issued revenue guidance that fell short of estimates western digital said it teamed up with kkr to resubmit a bit for toshiba's chip unit. >>> ibm is building a block chain base platform for seven banks including hsbc and deutsche bank it will simplify transaction force small and medium sized companies. >>> nvidia unveiling a joint ventur

welcome to "squawk on the street" i'm carl quintanilla with jim cramer and david faber.wo big clouds of uncertainty, the ongoing russian investigation in the u.s. and now theresa may trying to plow ahead with a minority government. the brexit talks will kick off in ten days. the oil as well. rig count at 1:00 p.m. eastern time. our road map begins with a big set back for prime minister may. yesterday's snap election ending in the hung parliament. what does it mean for the looming brexit talks? >> plus, stock futures are pointing to new records as investors shake off that political turmoil in the uk and back here in washington, d.c. >>> and complete vindication, that's the take away from the president on the testimony by comey but the reality may be a bit murkier. we'll talk about that. >>> but first, the uk is the lead. may's conservative party lost the majority after the election. resulting in a hung parliament meaning no party has the 326 seats that are necessary for an outright majority. may had called for the snap election in the hope of strengthening her hand in bre

i'm carl quintanilla with jim cramer who is back, david faber.utures are lower after the secondest tightest raping. the president meets with gop leadership on health care and taxes today. comey's testimony two days away. europe is weak. bond yields now testing election day levels ten-year gets to 2.14. our road map begins with apple and new product announcements. did we see anything that would move the needle? >>> plus a big change at j. crew. mickey drexel is helping down. new chief executive coming from quest elm. >>> the president taking to twitter ahead of congressional meetings today. >>> lots of buzz surrounding apple's answer to the amazon echo and google home, the new home pod unveiled at apple's worldwide developers conference. here's tim cook making the case for that product. >> we have such a great portable music experience, but what about our homes? we think we can do a lot to make this experience much better. just like we did with portable music, we want to reinvent home music. >> jim, we got the ar kit, we got amazon on apple tv, bu

which we're very excited about >> david faber will be there >> david faber will be there and a wholeks to support this we're going to have about 3,000 smes attending which is substantially bigger than we had anticipated. jack will be there we'll have a whole team from alibaba and the purpose of the summit or the conference is to do two things. first of all, explain the china consumer opportunity to smes because most smes, and farmers or agricultural co-ops, they don't really understand. what the china opportunity is and why would they mostly selling in their own communities here in the u.s. the second function of the conference is basically to educate those smes how do you actually get onto a platform so that you can easily sell your products to a chinese consumer now the idea for this originated back in 2015, not in an op-ed but actually in a speech that jack gave at the economic club of new york. you were actually there. and he talked there about our u.s. strategy, which is not to come and start selling products to american retail consumers, but to actually take retailers, and bran

david faber saturday down with jack ma at the gateway 2017 conference talking about the rise of technology it's having on business listen >> it's about wisdom, about experience i don't think that the artificial intelligence is going to replace the wisdom. >> i continue to wonder what that world will look like over the next 30 years. >> will be painful because the knowledge is not enough, the wisdom is not enough jobs have been ticking our way some people who catch the wave will be witch, more successful some people more painful the government -- the world will be dated the people will now have more data than the bosses >> you can catch more of that interview with jack ma at 9:00 a.m. eastern on squawk on the street always entertaining. >> and so much tech action >> and alibaba stock has been strong >> exactly >> we are approaching the top of the hour the team is getting ready for "squawk box. becky quick joins us >> heard what you had about uber i heard that on npr, all the things kara swisher was running through. we'll follow that. and we'll talk about tax reform. yesterday we spoke with

david faber is off the market having troubles get it of the gate the dow is 26.'s laggards with layoffs of about 2% of the global workforce. >> our road map for the hour starts with president trump reportedly under investigation over possible obstruction of justice. we'll get a live report from the white house straight ahead. >>> and we'll take a deeper dive into the rising of the interest rates decision >>> and alpha get got slapped with a downgrade we'll speak to the analyst behind the call next. >>> some economic data diana olick has the numbers for us. >> home buyers sentiment dropped to 67 and may's reading was revised down by 1 point. anything above 50 is considered positive, but confidence has been falling steadily after a big surge following the presidential election and the first executive order lifting some environmental restrictions. given the shortage of housing builders should be happier but they continue to struggle with shortages of labor and buildable lots costs for materials, especially lumber are also going up of the indexes three components, cu

cohn, david faber. are you concerned at all about the budget ceiling being reached in august and congress' inability to actually raise the ceiling? >> no, i'm confident the congress will get the ceiling raised. >> why? >> i'm just confident they'll do it. at the end of the day, you know, the deficit ceiling needs to be raised. this is money that the congress appropriated. they chose to spend the money. we have spent the money the way that congress is determined to spend it and they need to raise the deficit ceiling. we're going to get it raised. >> but the treasury secretary seems to prefer a so-called clean bill to raise the debt limit whereas budget director mulvaney seems to want to attach things to do it to drive certain spending reforms. is that an issue in the cabinet right now that's going to pose problems for you guys? >> look at the end of the day, the congress has to raise the debt ceiling. the congress will decide what is done, what is attached or not attached. heavy treasury secretary would

i was telling david faber i no longer want to be known as jim. i want to be known as nvidia.hat's my sar cass it particular way of saying, whoa, come on! it has gaming chips and it's switch. >> it's a great company. google is a great company. there are a lot of great companies out there but you have to understand these are companies who have stock prices attached to them. because of that when you add $12 billion because an upgrade from citi, the crazy part, as i wrote, the bear case on citi was $100. that's the bear case and that's where the stock was a month ago. so it's over optimism. it's discounting the competition. it's understanding -- not understanding the market factors. of course nvidia is not a fraud or a scam. it's a wonderful company. unfortunately, it got way ahead of itself. >> you're talking about two different things. you're saying the stock got ahead of itself. jim just gave you many of the reasons i'm sure he has more up his rolled up sleeves of the fundamentals of this company to justify the optimism behind it, maybe not at such elevated levels but you get

as we head to a break, a quick programming note tomorrow on "squawk on the street," don't miss david faber'sdown with jack ma we'll be right back. >>> let's get out to julia borsten who has another special guest. >> hi, i'm joined about it head of ad sales for facebook also giving us an exclusive nugget of news you're announcing today that instagram stories has 250 million daily active users it's up from 200 million in april and you just launched that stories format in august the question, is how are you making money from that growth? >> it's amazing. if you think about it, a year ago when we sat together, instagram stories didn't exist today on the platform, we not only have 250 million people using it but actually a third are businesses using instagram stories and one million advertisers. and so not only are advertisers using and benefiting from the instagram feed and utilizing stories as a great format. beats by dre and michael kors are two of them. >> how much are they spending in ads? >> investments are growing across the board. >> now is your user growth of that stories format coming a

and when you see it, you say to yourself, come on, now so what joe tsai, either david faber or jim cramerked joe, pacific research thinks you're buying your revenues. and his answer was, they haven't read their annual filings or disclosures. the minute i saw that, i just howled and said, not only have we read your annual filings, not only have we read your disclosures, we know what you haven't disclosed, but you should have disclosed! and by the way, and i've said it on cnbc and i'll see it again, joe tsai, apparently lives about 15 minutes away from my. my partner, don vickery, one of the greatest forensic accountants in the world, would love to give anything to sit down with him and meet face to face we've said it a bunch of times, never had a response offer is still out there >> in other words, herb, the answer to my question is, you're right! you're right, scott, i am po'd who was it, was it jim earlier who said, you can't always believe the stocks one other thing people forget about alibaba, they're exempt from regulation fd they don't have to abide by it neither do most other foreig

welcome to "squawk on the street" i'm carl quintanilla with jim cramer and david faber. the yields have ticked higher. ey -- ecb stays steady. and james comey on the hill today. the released testimony making waves. we'll go live to d.c. >> shares of alibaba are surging in the premarket. we'll dig in on those numbers and the impact on yahoo. >> voters headed to the polls today in london today. we'll look at the latest and how the markets are reacting. >>> first up, james comey due to testify at the top of the hour. the stocks did rise yesterday after the release of the former fbi director's prepared testimony in which comey says the president sought his loyalty and urged him to quote lift the cloud surrounding the russia probe, but many suggest there's no smoking gun. it's being called the rorschach test of sorts but the bar to obstruction is high in large part because the republican hold that key. >> thank you, that's it. i think that we have to -- it's a political issue. i waffle between comey-geddon and comey those. >> that was good. >> i have worked on that all night.

david faber, back to you. >> thank you very much, rick santelli as we head to break, a quick programminginterview with lloyd blankfein at 6:00 p.m. on "mad money. coming up this wednesday, i'm going to sit down with alibaba's chairman jack ma in detroit. we have a lot more ahead 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. >>> welcome back to ""squawk on the street." markets are higher driven by gains in technology and financial stocks the tech sector is outperforming after that rocky performance last week. the large cap stocks, facebook, amazon, net flicks and google parent company up by more than a percent or so apple is leading the charge bip more than 2% on track to break the

i'm david faber along with jim cramer we're live at the new york stock exchange we set you up for the open a half hour from now it looks likes the s&p may be down ever so slightly. european markets were in the red last time i look thank you for spain and for italy, maybe one day we'll even get a look at the bond market. the ten-year note yield is important right now, particularly given that -- >> 2.14. wow. >> wasn't it supposed to be a 3.14 >> yes, i think they were talking around june, at least 3. not the case a big story we're going to talk a good deal more about is oil. let's get to our road map and start you out with some stocks oracle, shares are up sharply on earnings we'll look at what's moving that stock. later, by the way we'll have an sclouf on interview with mark hurd >>> they want to take a major stake in american airlines, what is that all about? >> smoke 'em peace pipe? >> we'll try to figure that out to the best we can by the way, what as to yim cramer and homer simpson have in common adobe's ceo shows us. >> he's game. >> he's got a demo of its newest product. >> i wa

there is always two sides over to issue bill, thank you for your thoughts david faber, back to you >> let's send it over to jon fort who gives us a great look at what is coming up on "squawk alley. >> today we have big news in the cloud. oracle specifically. you're going to hear it first on cnbc also, a bombshell on the vc world. story of harassment, a resignation, we'll have the report and information who bkero that that's coming up on "squawk alley. ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. i put everything into my business. and i had all these points from my chase ink card. so i bought ingredients, utensils, even made custom donut cutters. wow! all with points. that's how i created the ripple: the doughnut in a doughnut in a doughnut. suddenly it's everywhere.

i'm carl quintanilla with jim cramer at the new york stock exchange david faber is off nasdaq futuresarket continues to digest the hawkish some say tone from yellen yesterday europe is pretty red benchmark yield around 2.16. empire and philly fed. the fed hiking the rates

david faber is there he will be with the vice chair today at 3:30 on closing bell and then tomorrow withwk on the street" the man himself, jack ma. >> that will be fabulous i urge people to recognize that this man is the guy who changed my mind. my friend, hesh greenburg, told me a lot of different things to ask. i asked them when we were delivering alpha so much, i like joe tsai's answers. some people may not. it will be a very powerful interview. people will have to watch it very powerful. >> the coattails for small business do you think can be as big as the app was over at apple? >> people have to get more comfortable. i found the site awkward to use but that's because i'm older etsy, if you can do etsy -- these cufflinks, carl -- you probably can't see it. heisenberg these are from etsy. my daughter gav them for me for father's day let me get that down there she knew how to do it, to go on etsy and do it she knows the people who make this stuff that's who is going to sell. can you imagine this what a great daughter, to get me for father's day that's where you go on etsy. boom it will

i'm carl quintanilla with sara eisen and david faber at the nyse.tive premarket. oil still down about 1%. we're watching fallout from the london terror attacks, a rift in middle east politics, vis-a-vis qatar. ahead of a busy week. >> our road map for the hour though does begin with terror in london. seven people are dead, dozens more injured in an attack just days before the parliamentary election. we'll take you there live. >> oil prices moving after saudi arabia and several other gulf states cut ties with qatar. we have the latest. >> and the world's largest cancer research conference is under way. we'll hear from the ceo of brist bristol-myers squibb. >> we have some data crossing right now. over to rick santelli. >> yes, a litany of data, carl. start with ism nonmanufacturing. the service sector, expecting a number over 57. this may read comes in light at 56.9, sequentially following 57.5. weakest since march's number, 55.2. ism nonmanufacturing employment index that moved higher. markedly higher from 51.4 to 57.8. new orders, they moved lower

david faber here with deal-making. >> potential deal-making or lack thereof and the reason t-mobile is down this afternoon. >> thank you for staying late. >> you're very welcome. >> out of here just about four minutes from now so let's get to it t-mobile is down because believe believe this will put off or perhaps not allow for the oft discussed possibility of sprint and t-mobile figuring out a way to get together, and at least for the next 30 days they are not going to be figuring anything else out, a story that "the wall street journal" broke last night indicating exclusive talks between sprint and the cable companies, charter and comcast. remember, for memory's sake, about a month and a half, they announced their cooperation for at least a year in terms of a wireless strategy that the two would try to figure out together, and this may involve them signing up what we call a mobile virtual network operating agreement with sprint. they already have one in place with verizon guys, it essentially allows them to resell the capacity on that spectrum now, people are rushing to conclusions t

i'm david faber along with jim cramer. we are live from the new york stock exchange.from the code conference in ranc rancho palo verdes in california. hillary clinton and others have shown up at that event. we're a half hour from the opening of trading on a

welcome to "squawk on the street" i'm carl quintanilla with jim cramer and david faber.gher. ey

i'm david faber along with jim cramer we're live at the new york stock exchange we set you

andrew your rival -- >> who is my rival >> david faber, m&a type rival >> good friend >> he was interviewing jack ma >> yes in detroit >> the singularity s-- >> is upon us. >> is possible but he's worried they may not care much about us the machines >> he also thinks we'll have a four-day work week >> four-day work week. singularity is a possibility sigh bo cyborgs. we have to suck up to the machines >> when we return, new data on the economy and the trade. we have a new read on the biggest risks to businesses. details after the break. most etfs only track a benchmark. flexshares etfs are built around the way investors think. with objectives like building capital for the future, managing portfolio risk and liquidity and generating income. that's real etf innovation. flexshares. built by investors, for investors. 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. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advant

welcome to "squawk on the street" i'm carl quintanilla with jim cramer and david faber.inty, the ongoing russian investigation in the u.s. and now theresa may trying to plow ahead with a minority government. the brexit talks will kick off

. >> great stuff great to see you in seven minutes time for squawk on the street don't minutes david faber's alibaba's jack ma >>> very quickly let's get a check of the markets top companies.s the power of an etf. the power of qqq. the thinking we put in, clients get out. power your client's portfolio at powershares.com/qqq. before investing, consider the fund's investment objectives, risks, charges and expenses. call 800-983-0903 for the prospectus containing this information. read it carefully. distributed by invesco distributors inc. containing this information. read it carefully. (baby crying) ♪ fly ♪ me to the moon (elegant music) ♪ and let me play (bell rings) thithis is the new new york.e? think again. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships to grow the businesses of tomorrow today. learn more at esd.ny.gov >>> welcome back, everybody. amazon's acquisition of whole foods is a grocery game changer that will impact stores, grocery shops and tables acros

i'm carl quintanilla with jim cramer who is back, david faber.est tightest raping. the president meets with gop leadership on health care and taxes today. comey's testimony two days away. europe is weak. bond yields now testing election day levels ten-year g

to "squawk on the street," i'm carl quintanilla with jim cramer at the new york stock exchange david faber were looking at some recuperation in equities the dollar, the curve, but then housing starts missed big down 5.5. brought futures basically back to the flat line europe is positive oil on the longest losing streak

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.sitive as markets brace for a heavy wave of political news over next couple of days. the president goes to ohio to talk infrastructure. he has nominated chris wray for the fbi director. and our road map begins with a deluge of news from d.c. trump tweeting his nominee for fbi director. more reports on comey's rift with the president. and the president goes to