krzinch, it's david faber.about success, we think about its ability to fly into what was the burgeoning demand for pcs from the 90s into the otts give me some sense of how you see autonomous vehicles evolving is it going to be similar to that are they going to be on the road in the next five to ten years? when will they be more of the vehicles on the road than not? >> you know, david, i think it's a great question and i think a lot of people get confused they're looking for this date where i'm going to go from a car that i have to drive myself to this fully all ton muss vehicle. and that's not the way that transition is going to occur you're going to see, like you're seeing already, is more and more autonomy coming into the car and you're going to be kind of, you know, walked into this slowly as the technology advances but also as people and the car companies become more accustom with this. so you're going to see what you see to now with adaptive cruise control and lane change management then you're going to se

this is a dutch tender so we need david, where's david faber when we have a dutch tender but it's going to squeeze the short which is is kind of what the game plan is and carl icahn is keeping his stock. if you own herbalife well done. >> an 8% gain. >> it tried to go private. it was a weird release you don't have to tell us all of that but thank you for full disclosure on that. >> some noted the tone there speaking of ackman adp will not nominate three candidates for its board. none of the candidates bring any additional skills or experience to the board they have a significant stake in adp and called for its ceo to be replaced carlos rodriguez will be the guest tonight at 6:00 p.m. eastern time and he already called him the spoiled brat. >> i got the presentation this weekend and went over it page by page there's a lot of smart stuff about adp in there a lot of points about margins and the idea that they could have extended their franchise. a lot of points about technology more than 80 executives they interviewed. there's real issues and i think one of the reasons why the stock droppe

power lunch squawk on the street is next >>> good morning and welcome to squawk on the street i'm david faber with jim cramer and we're live at the new york stock exchange let's take a look on this monday morning. you can see at least the implied open looks to be higher for the major averaging and europe has been open for awhile and we'll take a look there as well. always like to know how spain and italy are doing. there it is. >> very nice come back frooechb four hours ago very nice come back. it's lead right to ou fur r fut and this is a pattern that people refuse to understand. ten year note yield crude oil also of course in the market action look at that yield. vacation for a couple of weeks i guess. >> it was nice. >> you look great. well rested. >> thank you there's wti, 47.5. >> break that 50 mark. >> you do. findings for gasoline is certainly in focus today given the tragedy in houston that's where we're going to start. the devastation of hurricane harvey, 9 trillion gallons of water jumped on southern texas more on the economic and humanitarian toll. plus uber gets a ceo meg whitman,

i'm carl quintanilla with jim cramer at the new york stock exchange david faber is off today coming off three straight losses benchmark yield back home 2.20 oil inventories tonight. the market, futures higher as stocks break their losing streak glimmers of a plan macy's adds a top executive and announces a further restructuring, how the new ceo is talking about those changes. forecast in decline in teen anl u usage. stocks are poised to open higher playing a big role politico, jim, says the big six as they call them, has a lot more than they had in july when it was just six paragraphs. >> i thought mcconnell saying there is going to be a debt ceiling not an issue was really important. and i think that can be an underpinning for a potential rally, given the fact that until he said that, i think that it was just well cast there may be organizational principles here. i'm not saying that i think anything can get done necessarily on taxes i'm also saying we're not going to suffer from a debt downgrader. >> you believe mcconnell >> i do. i think mcconnell is trustworthy on this issue. i reall

i'm carl quintanilla with sara eisen and david faber.in the 49 range. >> our run map for the hour does begin with rain across the board for the month of august. where you should be putting your money straight ahead. >>> and anthony scaramucci ousted after just ten days. >>> under armour cutting its guidance, restructuring plan that includes job cuts details and analysis straight ahead. >>> first, economic data crossing the tape. let's get to rick santelli with those numbers. rick, good morning. >> good morning, sara. let's start out with the older number, june spending, closed up .5%, down 1.3 another disappointing construction number. last month's goose egg does rise to .3. at least a minor positive. july number, headline looking for 56.5, close 56.3, weakest level only since may when it was 54.9 there is no revision of 57.8, the last read. what about prices paid it leap frogged right into the 60s, moved from 55.0 to 62.0 and 60.4 versus 63.5 on new orders new orders moving lower. price pay moving higher. and since we have ism tomorrow

i'm david faber, along with jim cramer we are live. if you're watching ""squawk box"" with joe, we are looking for a down open this morning. >> 4:00 a.m., journey was down 2%. >> the man on my left. that's still the case. reaction to the north korean overflight also the euro is on fire. >> they don't want that. >> ten-year yield. look at that 2.10. >> jamie dimon must be thinking how am i going to make that -- >> how am i going to get my net interest margin? home prices is just out. report for june shows prices up 5.8% compared to a year earlier. up 5.8 that was a bit more than had been anticipated let's get to our road map this morning. it starts with that north korean provocation. a new missile test that flew right over the main japanese islands. president trump says, quote, all options are on the table plus, best buy is moving lower although, the numbers -- >> cautionary on the call, saying this is not the new normal. >> we're going to get into it, of course, here, and explain what exactly is going on of course, we'll be following t

i'm carl quintanilla with jim cramer david faber is off today we get strong retail sales for july up6, nearly twice the estimate europe is mixed. 10-year note near iing 10.10 no. and netflix on his strategy to beat the competition >>> first up, under armour's brian plank and intel's krzanich join kevin frazier in resigning from the manufacturing council not all of them worded exactly the same way. >> that's the most important thing. there's different constituencies mr. frazier from merck was offended it wasn't immediately labeled as white supremacist, as opposed to extremism of all race and color. >> not mentioning the president by name. >> and kevin plank took some heat for being on the council. his constituency is made up of not just people who are shareholders and work there but people who he hopes to be able to get to endorse. so they all come from different constituencyies. like larry somers says, everybody should resign. it depends on your constituency. it is of no interest to the public what i think you should do i can tell you what i think the constituencies are does brian kz

david faber, back to you. >>> all right. thank you, mr. fortt for a look at what's coming up on "squawk alley." >> david, you smell something burning it it might be blue apron stock, down 11% the first report after the ipo snatch report is coming up we'll see how they're both faring, coming up on "squawk alley. >>> welcome back watching shares of adp, david, after that interview you just gave with the ceo, fiery, i think the highlight was comparing bill ackman to a spoiled brat. >> very combative carlos rodriguez, pulling no punches when it came to fighting back against mr. ackman's request for three board seats and request most importantly for the nominating deadline. he was saying he didn't have his homework done, and wanted an extension, and he said we don't do that here interesting choice, though i thought effective in terms of combatting i would add that once we got off camera, mr. rodriguez said he would be willing to meet with mr. ackman, or i should say, join him on tv. >> for a debate? >> for a debate, if mr. ackman chooses as wel

i said to david faber today, it's not too early to buy groupon.ood to see you, rich. >> thank you >> it's a bit speculative, but the cash flow makes it so it's not one of these companies where you're like a binary company i think it's really attractive i think groupon's ready. "mad money" is back after the break. >>> a little thinking here big thing. at first glance, you may think royal caribbean, amc entertainment, general motors, apple have nothing to do with each other, except they all reported important numbers within 24 hours of each other. in fact, though, they have everything to do with each other. they're all about the revolution and how the consumer spends his time but the analysts and skeptics who abound everywhere just can't seem to get their darned heads around it. so once again, i'll try to explain the concept using these four examples, first, amc. in an absolutely stunning reversal of fortune, amc announced that it expects to report a net loss of at least $174 million, but many on wall street expect them to break even the culprit, it

we do know from our david faber that both companies have hired bankers to advise them but officially rockwell collins or united technologies is commenting regarding the discussions or what discussions might be taking place. on paper, this is why this deal makes sense and, yes, the defense side of the portfolios gets a fair amount of attention. you have to look at the general aviation or commercial aviation side limited product overlap. and they would be very strong, the combination of avionics, what rockwell collins brings to the table, as well as aircraft interiors, and you have to understand that united technologies also has sizable aircraft interior business, but together these companies under united technology's banner would be stronger when it comes to negotiations with the airplane manufacturers. they're talking about the boeing, the airbuses of the world. on the flip side, here's a reason why it's going to have some hurdles, if it does get -- a deal does get reached. regulatory approval. you can bet that boeing, airbus, their competitors like honeywell will say, huh-uh, these

david faber is off today futures are set to give back some of yesterday's rally. the best day in four months as the market digests some of the president's comments last night. europe is lower. pound below 128. we're watching that. ten year yield fall backs to below 119me the president threatening to shutdown the government in order to get a border wall built walmart and google team up and the latest move for the battle for your money and shares fall in the premarket >> stocks are on track to open lower the nasdaq avoids a loss for what would have been the first of the year. how much weight did you put into the president's comments in phoenix. >> will frost said it best this morning when he was talking on worldwide exchange saying that it's -- we discount his rhetoric a little more. he feels that by, i say, later on in the day we will sense that there is a bit of hyperbole to him but we're trading off of speeches now and the speech the night before sounded like what we want from a president last night's speech was a little over the top i watched it and i said wow,

. >> good morning and welcome to squawk on the street i'm david faber with jim cramer live from the new york stock exchange and what do you know? carl has the day off which i just realized. let's give you a look at futures. full week of trading as you see we are looking at least for a some what higher open off of those strong employment numbers on friday european markets you asked we answered. they're a mixed bag with the ftse up ever so slightly this morning. the ten year note yield did move around on friday and we do have it now at 227. right around the same levels >>> it can't get through it. >> too much future selling and boy did that group collapse. >> it did. >> let's talk more about that and other things including our road map which is going to start with stocks seeking new records. the dow is on track for its 10th straight at aly gain and plus, paging inspector gadget. apple nearing the release of a new watch version which can make calls directly. >> right. >> there you go soft bank ceo providing speculation about a sprint-t-mobile deal continued speculation about a charter deal

tomorrow it's time for squawk on the street >>> good morning and welcome to squawk on the street i'm david faber along with james cramer and there you see i'm not saying much of anything. >> inconclusive. european markets are well underway and as he has pointed out a number of times they have been of late for our own markets and there they are up across the board. not bad actually. >> no, our futures being down is a function of idiocy. >> idiocy how about the ten year note yield we're right around 210. yesterday. and also we know if you buy the banks you get some leadership rally and oil goes to 42 they still have no place to put it which is incredible given the fact that at one point we would be in a state of emergency but instead we're in a state of glut you're going to pushing and there's not enough people in the refineries they get far earlier than people think. at the same time oil has to come down because it's in storage and those that want to ship that oil will get it to the market somehow. the president said to speak on taxes later today. expected to call the u.s. economy quote rigged or

always fascinating to get your view in charts david faber, back to you >>> thank you very much, mr. to john fort for a look at what is coming up on "squawk alley. >>> we're going to dive deep into the cloud and this deal that oracle and at&t have. how are we going to measure that what does it mean for the cloud siss overall that's coming up on "squawk alley. >>> big 2345inames in technolog all vying to play a role in health care. bertha coombs is joining us with the latest on that >> apple already staked out using their platform for helping with research. for amazon, alexa devices could become the gateway to health care in the home >> what are my activities for today? >> your activities today include two medication reminders >> 81-year-old dvonne meyer is in a home health care trial in los angeles to help seniors manage medications and message their home aids. it's made her a fan of alexa >> i think of her as a person, but she's really just a machine. >> boston start-up oracle is designing health care apps for a number of health care designers for patients at home and to integrate t

. >> i wonder if they looked at the interview david faber and say we can take our case directly to thee activists don't know what they're talking about and perhaps they're deciding they would rather push back a little. >> i think there is a strategy to fight back and be more public it's a little more different because adp was messier. and the ceo, remember, peltz is not demanding a ceo change or a drastic strategy change. they're coming at this friendly. they want to add urgency and a few ideas to the board they own a huge amount of stock. >> this is like turning the titanic. even if you had an aggressive captain at the helm this is one of the biggest activist campaigns that would have ever been waged >> he only has 1.4% of the company and 3.5 billion stake. we'll see if they start making the case to share hold whaerz that looks like and what changes they are advocating for. p & g says it's not enough to move the needle or to let us put him on the board >> they'll be able to answer back now dow is up 15 will 8 points now pretty much session highs with the s&p 50up0 26. nasdaq up 1% "sq

i'm carl quintanilla with jim cramer at the new york stock exchange david faber is off today coming off benchmark el

david faber is off today futures are set to give back some of yesterday's rally.y in four months as the market digests some of the president's comments last night. europe is lower. pound below 128. we're watching that. ten year yield fall backs to below 119me the president threatening to shutdown the government in order to get a border walllt

. >> good morning and welcome to squawk on the street i'm david faber with jim cramer live from the newnd what do you know? carl has the day off which i just realized. let's give you a look at futures. full week of trading as you see we are looking at least for a some what higher open off of those strong employment numbers on

i'm carl quintanilla along with david faber and jim cramer on "squawk on the street.dow 22k. oil has held around 50 auto sales and ism headed our way today. road map

tomorrow it's time for squawk on the street >>> good morning and welcome to squawk on the street i'm david faberh james cramer and there you see i'm not saying much of

power lunch squawk on the street is next >>> good morning and welcome to squawk on the street i'm david fabercramer and we're live at the new york stock exchange let's take a look on this monday morning. you can see at least the implied open looks

i'm david faber, along with jim cramer we are live. watching ""squawk box"" with joe, we are looking for a down open this morning. >> 4:00 a.m., journey was down 2%. >> the man o