bob iger sat down with david faber on "squawk on the street" earlier today. >> we will continue to put our resources behind them toy kr cr programming. long term you have to put the consumer first if we put hulu and espn and disney plus into one product the only way you can get these things is one, that's doing exactly what the consumer today doesn't want now if there are consumers that want it that way, we'll give it to them that way and hopefully, ultimately, one user name and one password and make it really easy at a discount. >> disney posting its best day after a decade will the streaming service live up to this hype? >> what do you do with an 11.5% on a product that won't launch for years? >> i won't do anything it was giving disney a reason to break out. everyone with this issue with disney and trade for example a long time, you've got your, and this was a catalyst and whether you believe they'll get 60 to 90 and the profitability will start to happen by 20 twaef. >> died owes to a couple of the analysts and a lot of people have been telegraphed. >> i probably wouldn't chase it

let's get right to david faber there was dueling tieless, handsome men, from what i could see, was it joe. i think he's got me beat he's about 14 years older than me and he still looks darn good. so, you and i should be as lucky. >> never in front of the camera, either, but it looks like -- >> no, well -- >> it looks like he could have been and he and his wife walk around, like on top of a wedding cake. i mean, they are perfect are they not >> it's incredible, it is. >> it's annoying. >> it's annoying i told him that, too. >> did you >> but we didn't spend time talking about how good he looks during the course of the interview. we did spend a lot of time talking about the future of disney, given that yesterday was a very important day for the company, not to mention, of course, it seems to be very well received by the analysts in attendance and investors who were there, given at least the stock is going to be up meaningfully this morning with a lot of positive comments out there. listen, they gave us the targets we said they might they came with full transparency it was hours of conte

let's get out to l.a., david faber with a lot more with bob iger.f you noticed murdock in the trash can in that clip. >> yeah, that was pretty funny. it was cute. the point is, 30 years worth of that show is going to be available immediately on the disney plus platform, which is not insignificant for fans of the simpsons, frankly, who isn't a fan of the simpsons? come on. the point yesterday, of course, was about showing just how robust the service is going to be and how many hours of program will be available immediately and then over time as licensing deals expire on other platforms and disney's able to pull back some of that content as well. all of this, of course, taken in the larger context of the big move away from the traditional bundle the model that's been followed by so many content providers and is proven to be so profitable but slowly but surely going away. i did talk to bob iger about the bundle itself and about where things stand given we started talking about the deterioration back over seven years ago when we first started to see som

i'm carl quintanilla with jim cramer david faber.nty to watch as we await jobless claims 196 k, fourth straight decline si six-month deadline delay for brexit >>> disney's day of reckoning, details about that streaming strategy uber is expected to file ipo paperwork as soon as today and anthony nota, sofi ceo is with us. >>> disney, the company prepares to unveil its new streaming service today. david, you'll have a busy day and a busy night as well. >> yeah. it's going to be about, yeah, 12, 14 hours of a lot of busy, in fact. investors will be focused on the goings on as disney does unveil both the actual app that people are going to be able to use to stream disney plus and the key service there, of course, in terms of entertainment and they're going to, as we have sort of indicated, i think, the expectation is that they're going to introduce a lot of data points and a lot of specificity in terms of their expectations when it comes to the cost of the new service, both obviously an additional cost for content and marketing and techn

i'm david faber at our l.a. bure bureau yesterday, a big day for disney. details of the content offered on its disney plus service details on the pricing of that service at $6.99 a month and subscriber projections and the cost of it all we spoke to bob iger about a lot of those different items, but there is plenty of other things to talk to mr. iger about as well something he said earlier, of course, we shared with you, that the fox deal itself would not have happened if disney had not already made the decision to move firmly into streaming, allowing it to view that asset in a different way than it might otherwise have if it had just been the same old disney i did ask him, given the high multiple paid for fox because of the participation of comcast and bidding for it, the decision to spin off or sell -- sell the rsns at a price that may not be nearly as much as what was paid for them, whether or not it still ends up being worth it. >> we're very early into the process. i never second guess decisions we have made i'm not going to second guess this one, not

interesting. >> eric, thank you and david faber.h that we will send it over the half and scott wapner. >>> i'm scott wapner the tech tear, is it enough to reach greater heights? surging against this hour, microsoft and facebook report blowout earnings it is 12:00 noon this this is "the halftime report." >>> tech, back in the spotlight. key investor falling big top analyst jpmorgan's tusia is back to tell us where he thinks 3m, ge, honeywell and micro technologies are heading

david faber, back to you. >> thank you, mr.ead to break, elon musk unveiling tesla's latest self-driving technology saying that it is, quote, financially insane to buy anything other than a tesla. he also added that any other car than a tesla will be like, quote, owning a horse. the lexus es. every curve, every innovation, every feeling. a product of mastery. lease the 2019 es 350 for $389 a month for 36 months. experience amazing at your lexus dealer. >>> let's get over to dom chu finding momentum in the financials this morning. >> this overall sector financials have been a slight under performer on a year-to-date basis versus the overly all s&p 500. if you take a look at the way things are shaping up with regard to the s&p 500, yes, their neck and neck but still financials underperforming. it's about bank and nonbank financial institutions. take a look at the relative strength in this particular sector, those stocks that are trading the most above their longer term trade lines, check out some stocks like franklin resources or

baseball. >> are you pretty hands on will you -- i know, like you said, you've watched cramer and david faberi mean, do you then kind of go off and say, maybe i should pick up some amd or whatever they're talking about? >> at the moment right now, i have a financial team that i do trust, but i also want to just, kind of want to be a student of the game and just like how i am playing baseball i just want it to be one facet. >> last question for right now is, do you have a strategy for the stock draft today? >> yeah, i've got a list of stocks i like the most, but you know, see how it all pans out. >> based on what >> there's really no basis -- >> he's playing it close to the vest, kelly. he's picking sixth in the draft. he doesn't want guys like seymour to know where his head is at. i mean, that's how he rolls. you know what, the best-case scenario, you pitch to 40 years old, and i hope that happens, and you'd look great in pinstripes in about five years just saying. i know i probably shouldn't say that, but i'm saying it. that said, 40 years old, you're still a young man, you've made a decent

i'm carl quintanilla with jim cramer and david faber will they announce a trade summit with the u.s.ow might investors react? german factory orders plummet year on year jobless claims did hit a new cycle low. tesla's rough ride elon musk getting ready for his day in federal court shares are down 10% free market. >> tea leaves. a muted open as u.s. and china talks get set. >> privacy and harmful content facebook as mark zuckerberg continues his tour shipping the model three to europe and china for the first time meantime, elon musk does go to manhattan. s.e.c. is asking a judge to hold musk accountable in court. it's great to have the three of us together at the desk. been a few weeks. >> where is that windex? >> public service announcement get your flu shot even when you hear it's only 38% effective. >> you could have gone to walgreens and given them some business. >> i could have. >> i second that motion. >> i'm not contagious. >> that's good. >> back to tesla jp morgan says the figures, jim, out of the quarter actually undermine their defense on his commentary on twitter. >> jp mor

qualcomm's ceo steve mollenkopf sat down with us earlier on "squawk on the street" and david faber is us at post nine to talk about that conversation and how these guys manage to work together now. >> yeah. of course, it was an apt song we did lead with. mollenkopf made it clear they want to be friends and they are friends and would not spend a good deal of time answering our questions in terms of what happened to change the tenor of the conversation, if there were even conversations, given how heated the rhetoric was from both sides you need only look at the opening statements yesterday in court in san diego in front of judge curiel to see where the two companies were coming from in their dispute over qualcomm's or at least what apple would say, qualcomm essentially double dipping, saying that you got to buy our chip send and although you also have to buy our intellectual property, because you don't get that with the chip set, likening it to going to a kentucky fried chicken where they want to charge you $17 for the chicken but another counter to get the license to buy the chicken an

i'm sara eisen here with carl quintanilla and david faber.the new york stock exchange. stocks are lower but recovered some early losses. the s&p pretty much heading toward the flat line you got real strength in energy today. 1.25% higher for the stocks on a more than 2% bounce in crude oil after the u.s. administration does end its waiver program for iran in terms of exports and will sanction those countries. consumer staples doing well, thanks in part to a beat from earnings and especially revenues from kimberly-clark. >>> a very big earnings week coming up ahead in the next few days, dom chu joins us for a look this morning. >> nearly a third of the s&p 500 will report the results throughout the course of this week you got a dozen dow components as well. so behind me we have the calendar, just to give you an idea of how full the score card is, going to fill up with, if you look at whirlpool, big one after the closing bell today, we already got kimberly-clark and ww granger on the books from this morning tuesday, coca-cola, verizon, dow comp

i'm sara eisen with david faber live at post nine at the new york stock exchange.gnment today. look at the markets, not exactly a warm enthusiastic embrace of the much better than expected headline number on first quarter gdp. s&p 500 down .2%, though nothing major in terms of the sell-off dow pulls back 35. many earnings to get to including chevron, exxon and more our road map for the hour is going to start with that gdp blowout. the u.s. economy expanding faster than expected pace in q1. what it means for investors, the fed and your money >> and it is an earnings blitz, we'll break down results from the oil giants as well as amazon, ford, intel, and so many more >> the ipo wave, uber launching the ipo road show setting the price range, messaging company slack filing to go public. we have the details on all of it for you. before we get to big earnings movers though, let's get to kayla in washington. the president making comments on the economy. >> he took questions twice from reporters this morning on his way to an nra event in indiana when he was leaving the whit

i'm carl quintanilla with morgan brennan, david faber at the new york stock exchange.ot pinterest set to debut shortly. jon fortt live at the nasdaq as we await zoom's opening trade there, awfully big show ahead this hour. we'll talk to pinterest ben silverman immediately after that stock opens and zoom's eric yuan will be with us live from the nasdaq after that debut. we'll start with zoom and jon with the latest. >> reporter: as you can see we got about two and a half million shares, indicative price is 60 bucks a share, pretty remarkable considering they're priced at 36 and we just heard less than ten minutes ago here that morgan stanley is in no rush. i'm told trying to be diligent putting this together. morgan stanley also involved with lyft about three weeks ago and so we wait here, the crowd from zoom is here -- >> jon, we'll try to work on your mic in a moment. it's obviously it's loud here and loud there. in the meantime we'll turn to pinterest. >> we are going to turn to pinterest. as you can see right behind us, indicated 23 to 25, 23 to 75 so that range doe

i'm carl quintanilla with morgan brennan, david faber at the new york stock exchange.ortt live at the nasdaq as we await zoom's opening trade there, awfully big show ahead this hour. we'll talk to pinterest ben silverman immediately after that stock open

i'm david faber along with jim cramer carl is on assignment this morning. a big morning we've got on tap including exclusive interviews with the ceos of southwest, chipotle and lululemon. let's give you a look at futures. we've also got an awful lot of earnings facebook, microsoft out and they're lifting the nasdaq 3m, well, it is dragging the dow jones industrial average lower we'll have more on that coming up roadmap does start with shrugging off legal woes giving facebook a boost. setting aside a lot of money for alleged bad behavior >> didn't you ever hear about asterisk. >> did mention this, 3m had an ugly quarter the shares are down. they slashed their outlook 3m weighing heavily on that statistically irrelevant average we call the dow. over at southwest, they took a bit of a hit as you might expect, having the largest fleet of 737 max's ceo jeff kelly is going to join us to discuss. stock is looking up. >> why not 5% is the max. numbers were really good much better than expected. he is a total trooper. >> we're going to talk to him about it i want to

we'll dive into the earnings citi getting a boost because it was investor day let's begin with david faberith us on post nine, breaking news on qualcomm and apple recap it for us first of all. >> what we've got today late in the day here is a settlement to a long-rung, nasty battle that has taken between the two largest companies in the country, apple and qualcomm. it's been going on for years it was culminating at this very moment in a san diego court with the judge hearing open arguments from both sides but the two have reached a settlement according to people familiar with the situation. that said settlement is expected to be revealed shortly as i understand it, and i would assume made clear to the judge as well who perhaps will then stop the testimony going on right now in his courtroom under the settlement, they will have reached a deal under which qualcomm will be paid for many years to come, a new -- at a new level, which i'm not quite certain at this point exactly what it is, for its patents, for its chip sets with apple, as well there is a payment that is going from apple to qualc

i am carl quintanilla with jim cramer david faber is in california, he's going to talk to doj, and goldmanachs, david solomon and makan delrahim >> our road map begins with boeing reportedly failing to tell airlines shutting off its feature on the 737 max anadarko, deal talks with occidental the journal reporting the company did not tell southwest airlines its safety feature designed to warn pilots of a malfunctioning sensor had been deactivated. in a statement to cnbc, the future was turned off after the lion air crash in indonesia and required additional purchase to work the warning lights will be included as a standing feature on the max we do expect to learn more today as mullenburg faces the shareholders today we just talked to the guys on "squawk" about this, what do they need to say >> i hate the whole implication that they're committed to shareholder dollars. second, there is the faa and the faa should have been doing something for that the conversation is switched to whe where, we'll have to say we own what went wrong. i think the ceo to say the products have changed that you didn

disney ceo bob iger sat down with our david faber and gave a confident outlook. listen >> the content because of the user interface and the price i believe this will be successful if in five years' time i prove to be wrong or we prove to be wrong, we're still making great content that will be in demand globally >> joining us to discuss more is the chairman of springboard enterprises, founder and former chairman and ceo of usa networks welcome, kay >> good to be here >> are you as a former industry insider as excited as wall street appears to be about this new disney plus? >> this is the biggest transformation in the expansion of choices for the consumer that was controlled by a third party, cable operators and satellite operators. it's the consumer. it's going to be the fight for the consumer, direct to consumer this is where we are now disney is the biggest company with the most content that can lead this way. that's a bold move i feel they're right >> they're making this service $7 a month do you think everyone will sign up could the timts be way too low >> i t

i'm carl quintanilla with sara eisen and david faber.ow getting pinched a bit by boeing and goldman as goldman has numbers out to the, beat on the topline, but miss on revenue. road map begins with big bank earnings citi and goldman reporting a drop in revenue. a closer look at the numbers >> plus, aphria shares plummet we'll speak with the chairman and interim ceo irwin simon about the company's quarter and the outlook for the cannabis industry. >> and an exclusive with the bank of japan governor, his take on the world economy, interest rates and, yes, of course, guys, the japanese yen >> as we said, the lead this morning, citi and goldman out with earnings today. shares of goldman are sinking. wilfred frost is at hq >> good morning. banks trading lower, despite eps beats for both citi and goldman sachs, giving up some of friday's significant gains for the group excluding wells fargo, of course. while there were some flattering aspects for both companies eps beats such as a lower tax rate than expected for citi and lower compensation ex

i'm david faber. somebody from this side of the country, devin wenig is the ceo of ebay, a little north of here in san jose. >> same general neighborhood. >> you're dressing like a west coast guys. >> i dressed up for you. >> you're wearing a collared shirt. >> almost. >> nice to see you. >> thanks for having me. >> an interesting interview with jeff bezos when he wrote his annual letter. it want your response to what he said for some reason he decided to throw ebay in there in terms of discussing the growth of independent sellers on the amazon platform. he said, you know, wrie did independent sellers do so much better selling on amazon than they did on ebay what do you respond to that when the ceo of one of the most powerful companies in the world calls out ebay and says we're growing faster than you are for our core con constituency. what is your core con constituency >> we had back and forth i'm busy trying to run the company. there are millions of sellers that sell only on ebay amazon is pretty go

i'm david faber.mmit by 13d monitor and has become an annual rite of passage, i'm joined by jeff smith, not unfamiliar to our viewers. you've been on a couple of times about papa john's. today no pizza, or maybe a little bit let's talk about a new position you just firmed, kar, car options, not to be confused with cars.com why this position and why now? >> we think kars is really interesting, one of the leaders in auto auctions they are used car auctions, cars you'll continue to drive and they have the salvage auction which are cars sold for scrap and parts. what's interesting and eventee about this right now is the iaa salvage business is going to get spun off they announced they received their private letter ruling i think last week or the week before that is going to move forward. it's misunderstood by the market if you compare the iaa salvage business to its closest competitor, a company you've talked about before which is co-part. >> co-part has done well. >> unbelievably well kar as a consolidat

david faber has the morning off. dow opens up 200 plus. on the s&p lyft falling below the ipo price. tons of data, to rick santelli in chicago rick >> we have three bits of data, i'll go chronologically, business inventory, a january number, up .8, much bigger, looking for a number on half of 1% rear view mirror, .3 revision from .2 from .6 to .8. february read on construction spending, another big surprise, we're expecting iin inin inin i up 1%. we almost doubled our last look from 1.3 to 2.5. finally, our march read on ism, national number from manufacturing, looking for a number a little bit north of 54. we have 55.3 so it is a trifecta of better strength 55.3 is the best level since january's 56.6 but obviously in the middle there we had a u-turn, we traded down to 54 and change. we could go through some of the internals, can't we? 57.5 on employment, that's up 5 points and prices paid, moved from a contracting 49.4 to an expanding 54.3, new orders, 57.4 that's about 3 points higher outside of the weakness, early this morning, in retai

"squawk box" here on cnbc we've got a lot of news, including some breaking news that's out from david faberwhat can you tell us? >> becky, occidental petroleum has decided to move forward with a public proposal to acquire anadarko petroleum of course, we've been following this story for a couple of weeks, ever since chevron agreed to a deal to acquire anadarko at $65 a share in stock and cash. moments ago, occidental decided -- or has presented a proposal to the board of directors of anadarko to acquire the company for $76 a share, half of that in cash and half of that in stock. viewers may recall a couple of weeks back when the chevron/anadarko deal was signed on the 12th of this month, i believe it was, a friday we had at that time reported on the possibility of that occidental would choose to do this, feeling as though it had been shut out of the final bidding for that asset, having pursued it for a number of years, actually, and feeling as though its proposal at the time, which as we reported was $76 a share, 40% of that in cash, was superior and wondering why it was unable to get the a

i'm david faber with courtney r reagan and mike santoli. >> we will kick things off with amazon sharesfter earnings, just slightly. about a half percent profit doubled to a record high while announcing plans to introduce one-day delivery to prime members. our guests join us now thank you for joining us aaron, there's slowing growth at amazon kind of glossed over by the fact we'll move to one-day or at least that's the goal going forward. spending 8$800 million to do it in the second quarter. ultimately the question is is that worth it? it's an awful lot of money, and are they doing that because they need to increase the loyalty of current prime members not to lose them or are they trying to get customers back >> helps continue to differentiate amazon versus the market roughly 90% of the retail market is still offline 10% online amazon has a third of that market they're making the bet over the foreseeable future, moving to one-day shipping, you can gain more market from the offline market we don't have the data they have suggesting that, but clearly they're making the bet they can gain

. >> you do cover objection dental david faber broke the news that oxy is going hostile for anadarko chevron, of course, had bid. they thought they had a deal there was a $2 billion break-up fee. we're waiting to see what chevron -- will they have a higher bid >> do you believe that oxidental will bid anadarko. >> do we need to come close to the dallas 76 bid right now. i know oxydental management is making rounds trying to solicit approval i think it is a coin flip right now. i would be shocked if chevron -- their initial offer was final. i think the balance and security they provide with over a $200 billion market cap means they don't need to exceed the oxydental offer. the yields, the low data in that equity would make that. >> it's been a tough story for the company. they streamline their portfolio earlier in the decade. they have a very large dividend obligation it's $2.4 billion a year. at the end of the day the growth story is a little more muted for them, and you tend to see investors favoring growth in the industry >> yeah, all right tim, looking at oxydental. it's a pleasur

julia boorstin, thank you as well david faber has some breaking news david? >> yeah, thanks tyler.pple and qualcomm have agreed to a settlement in a long running dispute between the two companies that actually was in court in san diego and continues to be in court at this very moment as the various sides offer their opening arguments in a case that was expected to go as long as three to five weeks this is a dispute that's been going on for years, of course, one in which apple has stopped paying through its contract manufacturers royalties and fees to qualcomm, that amount to many, many billions of dollars do not have a lot of details, however. people familiar with the situation tell me that the two parties have reached a settlement, do expect to hear fairly soon more specifics on said settlement that does involve dropping all litigation in all jur dixions around the world between apple and qualcomm and that would involve a new agreement between the two companies for a licensing deal that would extend for quite some period of time and also i am told as well involves at least the pay

welcome back a huge deal in the energy sector as chevron is buying a cash can and stock deal but david faberreporting that ox deccidental had bid more than $70 and that is giving the sector a boost let's discuss. brian, it is weird first of all that the shares up 30% today, but they didn't go to 70 based on david's reporting about:00 deny ta occidental how did you read this deal >> and if you accept the lower payment overall, you better have a good reason. that is any shareholder will tell you that. so i'm sure there are a couple before-list before -- listen, i haven't spoken to occidental management yet. but chevron was 75% stock, 25% cash chevron stock has done very well occidenta occidental's has lagged a bit. so maybe you are not a believer that the occi stock will continue but they offered more money. i think there will be questions to answer. >> and so chevron obviously we're talking about three or four biggest oil companies in the world. others are more shale oriented what does it tell us about the space? >> occidental and chevron actually are the two oldest players in the permian bas

david faber has talked about it. oxidental made a bid of $70 per share for anadarko investors preferred the chevron offer. ably every my sources tell me that oxidental have been aggressively calling around to investors. >> bp's $11 billion deal that closed last year. the company finally has freed up cash to all those payments related to the 2010 oil rig disaster market cap has not risen like the other majors recently, and bp could feel pressure from shareholders to get larger the name that seems to be generating much interest on desks, one that traders are kind of chattering about the most right now is royal dutch shell shell already has a joint venture with anadarko in texas making the tie-up easier it is also a customer of anna dark yoes ae lng assets in africa, making a 13-year supply deal for lng earlier this year shell has been selling off non-core assets and raising cash and is a fairly weak player in the permian basin. something investors want to see grow they want more than 230,000 barrels a day. >>> still, t

david faber is there live and joins us now with another exclusive interview. value x jeff ubben. vid? >> i'm joined by jeff. this is the first time we've sat down, you and me since that microsoft investment, i think. >> it's funny. >> the firm has changed. your role has changed. you're no longer ceo. you're very focused on esg. but, activism itself, you're not an activist conference but i don't even think of you as an activist any more, should i? >> i mean we put the time in to get the know the company and the trust of the board and the other constituents and which is a lot of travel. >> you haven't run a proxy fight? >> then we get to the punchline and say, you know, we think you should refresh your board or, you know, why don't you call your top ten shareholders and ask them what they think and most of those guys know us and then you have a conversation and you can get it done without a bunch of yelling and screaming. that's the way we like to do it. you hit the ground running when you're in the room, you know. it is travel intensive. in japan we went -- we put one of our partne

good wednesday morning, i am carl quintanilla with jim cramer and david faber with the new york stock exchange. future is positive there is a lot to watch including ecb and cpi, we'll get fed minutes this afternoon that bank hearing is going to be front and center chaired by maxine waters we'll focus on big banks and ten years after the crisis state street is expected to tell lawmakers the reform making the system safer and less risky than a day ago. >> my congressperson who's just brilliant and fed chief powell had a fabulous time with her in the house. she's deeply focused on community and what you are doing for the community. for people who are not of great needs. >> i was with jaime dimon when he opened branches when she asks questions, it is not going to be what we think. what are you doing to help people getting loans america is going to like that. maybe some of these people bash. >> that's glass half full. >> i think it was politico yesterday who says do not look for a reason discourse of the regulatory regime. >> that's what i think is wrong. she's one of many. i spoke to her

david faber breaking that story yesterday.speaking today with qualcomm's ceo and he joins us now with more. so good yesterday. you had to follow it up today. >> we're happy to, sara. it's been 24 hours unexpected, i guess, given the market reaction. apple and qualcomm settling. we were lucky enough to have the ceo of qualcomm join us this morning on "squawk on the street." can't say he really told us that much more than we already knew in terms of there being a six-year agreement with a two-year option between the two companies. direct between qualcomm and apple. there's also going to be a multi-year chip supply there's going to be a large payment of some kind we know from apple to qualcomm, but we don't know how much they're paying per phone we don't know what that payment overall is and for his part, he's not really sharing a lot of the details, including what got them here given the vitriol on both sides. they seem so dug in and yet they managed to find a way to get to a settlement something that qualcomm slowly but surely

plan for half the cost of subscribers we'll show you what iger said in an interview with our own david faberet to go public, but the company warns it may never make a profit relax. don't worry about it we have all the details coming from the company's filing. it's friday, april 12th, 2019. "squawk box" begins right now. >>> let's take a look at the u.s. equity futures. you're going to see that the dow is indicated to open up by about 155 points s&p futures are up by over 11 points the nasdaq is up by close to 30 points all of this started overnight in asia take a look at what happened after you got some numbers there that showed exports in china surged back last month the nikkei was up by .7% the hang seng up by .25% the shanghai composite was flat. in europe this morning you are also seeing up arrows across the board. chevron announcing anadarko. price tag $33 billion in cash and stock. >> joining us right now, for this breaking news deal or breaking deal, i should say, exclusively, michael worth is with us. chevron ceo. we're thrilled to have you >> that's why he is here zoo literally as t

. >>> earlier today, i called out a fantastic call by phil lebeau, but i slighted my partner, david faberfirst, he breaks the story about occidentm turned down by anadarko, and then his disney coverage was extraordinary and he really put into context you need to know that's going to be a winner. but don't sell apple off that's just stupid i like to say there's always a bull market somewhere. i promise to find it for you on "mad money." i'm jim cramer and i'll see you monday frontiers of faith. >> a special series only on "today." ♪ >> . ♪

they were buying the 65 strike, all the way up to the 70 strikes and as this deal was announced by david faberr own on cnbc, as he was talking about this, these calls just jumped and it was about 1,400% return in the last, what, five days that's a nice trade. and they continue to bet that anadarko might see a sweetened offer yet again. >> good stuff. come on back over. >> yep >> because we have a viewer question coming in on spotify. we'll get to that next plus you have time to reach us still. cnbc.com/halftime. tweet us as well we'll do it next was ahead of its time. still, we never stopped making it stronger. faster. smarter. because to be the best, is to never ever stop making it better. there's never been a better time to become part of the mercedes-benz family. visit the mercedes-benz spring event before april 30th for exceptional lease and financing offers on the 2019 c 300. >>> we're back time to answer some of your questions as well. first up, mr. weiss, from alex in florida, okay, zogenix. you talk about this a lot. this thing got smashed, didn't it >> it did. what happened was the fd

. >> eric, thank you and david faber. with that we will send it over the half and scott wapner. >>> i'm scott wapner the tech tear, is it enough to reach greater heights? surging against this hour, microsoft and facebook report blowout earnings it is 12:00 noon this this is "the halftime report." >>> tech, back in the spotlight. key investor falling big top analyst jpmorgan's tusia is back to tell us where he thinks 3m, ge, honeywell and micro technologies are heading and one of the best top value pickers is telling us what he think is the best opportunity. >> welcome good to have you with us on this thursday and debate the biggest stories of the day, pete that jaron and the ceo of sand providers. >>> a big story today, microsoft, story you have been talking about a long time continues to pay off for a big time. >> and you know what i will say, satya nadella, takes over the company five years ago and what's happening now, completely flipped what they were look where they're finding growth still by the way, something i hav

finally find out what 2019 and 2020 earnings are going to be, which is why i can't wait to talk to david faberg i like to say there is always a bull market somewhere. i promise the try to find it just for you right here on "mad money. i'm jim cramer, and i will see you tomorrow welcome to the sha, where entrepreneurs seeking ana, investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ first into the tank is a radio deejay from san diego, california, who's pitching the sharks his syndicated radio show. hi, sharks. my name is r dub. i'm the creator and host of "sunday night slow jams." i'm seeking $75,000 in exchange for 10% equity.

i'm carl quintanilla with jim cramer david faber.six-month deadline delay for brexit >>> disney's day of reckoning, details abou

to virginia for winning their basketball championship good morning, i am carl quintanilla with david faber and jim cramer s&p is shooting straight up. europe is mostly red oil is 64 or 67 earlier. the imf cutting is global growth those banners at the bottom of your screen. the road map this morning we'll begin a melt up in stock s&p coming up with a nine-day win. apple is nine in a robach in the 200. boeing is back in the spotlight. this time is over tariffs centering around air bus and boeing google and executives are back in congress today. facebook stock continues to climb back s&p is in the win streak since october 2017 the tech sector closed at a record yesterday for the first time in seven months s&p were ten bases points from an all time high >> jesus, i got to tell you that yesterday if it were not for boeing dow would have had a nice run and nasdaq doing quite well. there was an article in bloomberg yesterday of how the faang, the faang made it back. i have been watching the action for apple. i think apple is very telling. your last five points was when they preannounced. you got

good tuesday morning, welcome to "squawk on the street," i am carl quintanilla with jim cramer, david fabers off again this morning coming off the dow best days in six weeks. lyft is down another 4%. we'll watch that europe is steady durables were soft here. our road map is going to begin with lyft down again why jim thinks this is a bad oman for the rest of the market. shaking up the major indices as well we'll talk to the ceo, amazon slashing prices of whole foods to the tune of 20% on average, what's behind that move? first up, lyft extending its loss in the premarket as it enters the third day of trading. ipo price down more questions of what ability sellers have to sellers short and why is it over subscribed 20 times. >> what i thought was if you price it 72, good sign you are releasing some of the buyers so you find supply. this was considered to be a total revenue gross story of 100% most companies that are losing money and growing out fast now we have a question, where do they put it? did they have anybody who said listen, do you think there is going r going to be a buyer? they plac

i am carl quintanilla with jim cramer and david faber that's going to help the stocks finish a strongirst week after the quarter after the best q-1 in years our road map is going to begin with the jobs bounce back. stocks start to rally after better expected numbers. >> plus, work it out federal judge gives elon musk and the sec two weeks to set out their differences. dimon and dalio is speaking out. february payrolls were revised upward to regain 33,000 from 23,000 average hourly earnings edge up slightly 3.2 and it was a bit on earnings we lost some manufacture jobs for the first time in three years. >> i saw the number. healthcare when up and manufacture went down. every time we see healthcare go up, no offense to people for healthcare that's a loss for gdp. when you see manufacture, industrial goes down is that part of what happens in december where we had crisis of confidence that maybe things were going to slow you want to see the numbers reversed this is a good number. you got to see how healthcare go down one of the great things of the walgreens call, certainly nothing good ab

. ♪ >>> good wednesday morning, i am carl quintanilla with jim cramer and david faber.oming up the first record closing high since september future is relatively high here caterpillar off its guidance occi is in a bidding work for anadarko and more. oil is steady as the saudi say there is no need for an immediate supply boost our road map begins with occi bidding petroleum. and trouble for boeing the maker is pulling its crafts. >> stocks at record highs but what has changed since that december's lows. david is going to kick us up on occidental >> 7:00 a.m. this morning, the company did make public to acquire anadarko a company that sought for years but was prevented from buying, or at least buying successfully when it was in a bidding process against chevron a number of weeks ago. of course our viewers know anadarko agreed to be acquired by chevron and a deal is signed back on the 12th of april. stock and cash, $60 a share. this morning, the bid from occidental is $76 a share. 50% of it is in cash and $38 per share. .609 per share of occi that's your composition. occid

good wednesday morning, welcome to "squawk on the street," i am carl quintanilla, with jim cramer, david fabers off today. european pmi is better than expected, too. 1 10-year is back to 2.5 u.s. and china are closing in on a trade deal lock them up senator warren looks to make jailing corporate executives easier lyft post ipo stumble does not signal a bumpy ride ahead. investors hope for positive news out of the u.s./china trade talks with the vice premier. ft says they're getting close on a whole bunch of issues except how we are going to enforce this thing? >> how do we enforce it? you don't roll back the tartaris it is more kind of like listen guys, we'll keep pounding it until we see what happens. one of the strange things they are looking at whether fentanyl is cut back. if they see jail time, maybe not capital punishment then i think that's a sign of good faith because the president is really caught up in this situation. china is up almost 30% for the year way above u.s. embassy for the year if we do get some kind of announcements of the summit, how much of this is built in >> stimulus

and david faber is there >> reporter: it will be a big day for disney hard to keep track of time at least me, but i think that we're less than an hour or so away -- a little more than an hour or so away from the beginning of presentations the planning for t plan for the future of the company in terms of moving from one ye one ecosystem to another the bundle of programming that has been so profitable for so many years for so many of the entertainment networks and a move to direct to consumer universe that we know so well. some of the key questions here though are how hard do you pull off the band aid if you are bob iger there is no doubt that disney will see a decrease into its cash flow. costs in terms of are marketing, technology and foregone license fees that they would receive from the likes of netflix as they start to pull their programming off of other platforms. but the key is, can you convince your investor base to look beyond that and say yes, the world has changed and we're grabbing the future to make sure that we have a future here at disney and that is what it will be my expect

i'm carl quintanilla with sara eisen and david faber. on the weakness out of ibm and unh s&p unchanged. ton of earningings to get to including netflix and morgan stanley and pepsi. trade deficit near an eight-month low and about to get some inventories let's get to rick santelli. >> february reading on wholesale inventory and trade sales up .2 on inventories pretty much as expected. no revisions to last month's up 1.2 which by the way was the strongest level since 2012 and it was 1.5 we created a lot of inventories, want to pay attention to those for q1 numbers of course on the trade sale side, up .3, exactly as expected. up pretty firm number, that follows up .5. this number has been solid as well so all of these numbers, of course, will have implications for trying to define how q1 is shaping up especially that trade data that we had earlier, of course, we want to continue to monitor. not only domestic demand, which sometimes makes trade deficit largers, but also monitor foreign demand in the global slowdown sa sara, back to you. >> ri

i am carl quintanilla with jim cramer david faber is in california, he's going to talk to doj, and goldmanim >> our road map begins with boeing reportedly failing to tell airlines shutting

i'm david faber along with jim cramer carl is on assignment this morning.uding exclusive interviews with the ceos of southwest, chipotle and lululemon. let's give you a look at futures. we've also got an awful lot of earnings facebook, microsoft out and they're lifting the nasdaq 3m, well, it is dragging the dow

good wednesday morning, welcome to "squawk on the street," i am carl quintanilla, with jim cramer, david faber

good tuesday morning, welcome to "squawk on the street," i am carl quintanilla with jim cramer and david faberbeat with at least two raising their guidance europe is getting back to work today. oil hits 66.19 iran will continue to export our road map begins wi

to virginia for winning their basketball championship good morning, i am carl quintanilla with david faberrlier. the imf cutting is global growth those banners at the bottom of your screen. e

good wednesday morning, i am carl quintanilla with jim cramer and david faber with the new york stocket fed minutes this afternoon that bank hearing is going to be front and