let's also get to hewlett-packard enterprises earnings because those are out as well. >> so 32 cents,hat's verse expectations of 23 revenue, $6.82 billion versus $6.06 billion. q-4, 32 and 36 strengths census at 31 cents by segment, $3.4 billion storage, $1.1 billion. intelligent a intelligent edge, $684 million i caught up with the ceo he said stronger execution, stronger growth. reduce backlog by $500 million through improved supply chain execution. he sequential improving going forward. i asked him real visibility in the pandemic what is he hearing from customers? he said that pandemic results in permanent lasting changes. he thinks up to 50% of the workforce will not return to an office that's going to require different kind of work setting secure remote connectivity and optics in a.i., machine learning and data analytics back to you. >> it's moving after hours up 4%. >> 50% >> 50% yeah seems like a lot a high number of people, david, not returning back to offices. i guess he's talking about clients about it >> yeah. >> i mean listen, we did have zuckerberg on the facebook call so

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. yeah, everything is runningis smoothly with the now platform. (bling) see, incident resolved. how did you... gotta enjoy the small wins. you keep being you, derek. keep being you. >>> right now, we are watching a live shot thereof portsmouth, virginia not far from where hurricane isaias is active we'll keep a close eye on that it was down graded earlier to a tropical storm after making land fall there >>> shares of virgin galactic lower after they reported another quarterly loss telling investors it does not expect to fly until the first quarter of next year after it concludes testing. adding it plans to raise $460 million. >>> shares in aig lower after q 2 profit falls aig posting earnings of 66 cents per share topping estimates. those shares off 2.75% >>> and shares of pb trading compared to a net profit and the company cutting dividend in half the first time it has cut its dividend in 10 years you got to go back to deep water horizon for those cuts >>> still ahea

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions! touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. >>> deutsche boerse set to announce wire card's exit from the dax. the boerse has tweaked the rules to allow for an early exit telling cnbc, questions should be asked about how the dax lists companies. >> this is not only a request of our scoop advisory mechanisms in germany and europe, it is also a question of corporate culture in general and corporate governance maybe one of the questions we have to ask is maybe we are not supposed only to look at quantitative criteria but also look at qualitative criteria, such as corporate governance and a supervisory board and i hope we have a discussion in the coming weeks and months in germany to regain the trust

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. >>> health care stocks trade higher z apresident trump looks to bypass safety standards in a bid to fast track the vaccine and the fda gives emergency approval for a new therapy. >> the fda has issued an emergency use authorization and that's such a powerful term. emergency use authorization for a treatment. china backs them after the company says it plans to sue the u.s. government. this as the tick to be owner looks to fight an executive order banning american companies from working with it oil stocks jump as the u.s. prepares for a historic twin storm scenario the gulf coast braces for impact from two tropical storms set to hit at almost the same time this week let's get a check on european markets and how we're trading. they had a lackluster performance. we saw concerns as economic data showed signs of the recovery losing momentum. today a very different story a strong bounce back across european markets the main benchmark up about 1.5% reflecting gains across e

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. what happens when puts its customers in charge? well, the good news gets shared. and it gets rated #1 for customer satisfaction. but don't just take our word for it. take theirs. it's your wireless. your rules. only with xfinity mobile. call, click or visit a store today. >>> welcome back to street signs, everybody european markets open for just over an hour and it's already been a session we opened up around the flat line and crossed into negative territory and now we're trading positively again now this comes on the back of a difficult week for european markets. if you were long the market it was a challenge. last week the stoxx 600 dropping 3% overall pretty substantial losses for the dax and the italian market in particular. italian stocks trading 0.2%. we have green on the board up about a third of a percent the ftse 100 flat this morning it's a big week for earnings as they continue. not quite as big as last week but a lot of numbers trying to come through in

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. what happens when switch to xfinity mobile? well, the good news gets shared. and it gets rated #1 for customer satisfaction. but don't just take our word for it. take theirs. it's your wireless. your rules. only with xfinity mobile. call, click or visit a store today. >>> we have an earnings alert on gap, the stock pulling back from its after hours session highs, still up 3%, though. >> it's all about online total net sales were down 18% year over year, but e-commerce sales nearly doubled old navy, the standout as usual, with more stand-alone stores net sales were down 5%, but online sales surged 136% they were able to better do that cu curbside pickup. comps rose 12% also getting a bump from online banana republic, that's the lagger consumers turning away from fashion and work wear and toward athleisure athleta saw net sales up 24% of sales between athleta and old navy were in that athleta gear area. the strength of the performance was due to being able to meet the

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw.it. ♪ >>> look, i see a lot of stuff that's going up. retail's starting to head up and i know that covid index headed up. and the thing i'm most worried about is the banks and i know that it's tough to sell something that's low and something that has high dividends. but they just kind of feel like the real estate investment trusts not that long ago before everything gave up there is always a bull market somewhere and i promise i will find it just for you right here on "mad money. i'm jim cramer and i will see you tomorrow ignited america's entrepreneurial spirit, and we are still blazing a trail. for those who take their fate into their own hands by working hard... we took a huge chance. i quit a full-time job. ...by working smart... who here would like to help us refine the gentleman? ...by thinking big... boomboom is intended for intense refreshment and rejuvenation. ...and chasing their dreams. my dream is want to come america to be a fashion designer. narrator: and tonight, legenda

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw.eople who get it. >>> welcome back to "fast money. time for the final trade tim? >> best buy. we heard about how the back to school could be a huge electronics run. this stock has done nothing but move higher. stays higher into the holiday season. >> karen finerman? >> yes i'm not following. i was already in there bank of america, i think, is overreserved even if we see terrible loan loss, they're still going to make money. >> steve grasso? >> home builder dhi, record low mortgage rates and you have the millennial getting out of the basement buying homes. that's going to continue and the best balance sheet within home builders dhi, buy, buy, buy. >> guy >> thanks for watching watching see you back here tomorrow "mad money" starts right now >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw.who get it. in a highly capable lexus suv at the golden opportunity sales event. gets zero percent financing and make no payments for up to 90 days on all 2020 lexus models. experience amazing at your lexus dealer. >> announcer: the opening bell is brought to you by nuveen. a leader in income, alternatives and responsible investing. >>> normally we would have gotten to disney by now, jim, but market reacting well to the earnings last night, certainly the sub numbers out of disney plus as we well know years ahead of schedule and now sell side commentary that reiterates this idea that disney is pivoting to a world in which we do go to heaters and get on planes to go to parks less. >> i think that there are -- look, this was a remarkable call, first of all, because the cost controls -- no one ever thought they could amount to so much i think in a lot of ways because people thought disney was so well there was nothing you take out. this was a cost call, it was remarkable when you get to th

biggest in at least ten years, it's a big reason why the stock it up almost 15% premarket hewlett-packard enterprisee will talk to antonio neri later on today when "squawk on the street" continues. don't go anywhere. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪ >> announcer: the opening bell is brought to you by nuveen. a leader in income, alternatives and responsible investing. >>> all right. let's get to a mad dash now. jim, you are going to take a look at lowe's. >> yeah, there is a couple notes today, jefferies comes out and says they have a new tool rental plan but it hasn't been laid out yet, but i mention lowe's because in the old day

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw. people who get it. >>> welcome back to "squawk box. this is our socially distanced version of chairs this morning california court of appeal ruling amazon can be held liable for defective goods sold on its marketplace. at issue, a defective laptop battery that caught fire and gave a woman third degree burns. amazon fended off the suit for years. third party sales makes up 60% of amazon sales. who is liable? >> it seems like it is opening up a can of worms. it would imply it would have to review every single product and stand by the safety, which is a huge undertaking >> i don't know. should online stores be different. if it was a store, like a lululemon. you hurt yourself, hard to hurt yourself with such stretchy pants. you know what i mean >> joe probably knows what you mean >> i don't like anything that emboldens the torque bar >> all of those magnetic business cards going after the ambulance, right >> we have lawyers watching us most of them hate me i don't know why we have a lot h

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw.get it. >> announcer: an august for the record books changes in the dow splits for apple and tesla should mor >>> welcome back to "squawk box. take a look at the futures right now. they had been to the upside all morning. dow indicated open about 57 points up above 100 points earlier. s&p 500 ahead by a little more than a quarter of a percent right now and nasdaq up 41 points at this hour. brian? >> all right thanks, mike. >>> now to washington and the big topic that may be both wall street and main street care about. fate of another potential relief are and stimulus package for american families and workers. joining us with the latest, is there a very latest? >> reporter: well, brian, democrats and republicans have moved fractionally off their last offers, but there is still $1 trillion gulf between them. house speaker nancy pelosi indicated that democrats are willing to go down from $2.4 trillion to $2.2 trillion. meanwhile, white house chief of staff mark meadows is willing to go up

for transformation that works, you need hewlett packard enterprise and it orchestration by cdw.o get it. you say the customers maklet's talk data.s. only xfinity mobile lets you switch up your wireless data whenever. i accept! 5g, everybody's talking about it. how do i get it? everyone gets 5g with our new data options at no extra cost. -that's good. next item: corner offices for everyone. just have to make more corners in this building. chad. your wireless. your rules. only with xfinity mobile. now that's simple, easy, awesome. switch and save up to $400 a year on your wireless bill. plus, get $400 off when you pre-order the new samsung galaxy note20 ultra 5g. >>> all right everybody, we have stocks to watch this morning t-mobile says it has overtaken at&t to become the nation's second largest carrier verizon remains number one t-mobile added 1.2 million new customers in the latest quarter. posted better than expected revenue during the period and shares of that stock are up by about 4.8% on the news then check out shares of quicken loans parent rocket companies. they jumped in