>> well, so at hp, we don't focus just on our numbers. so we have looked at how do we reinvent the standard for diversity and in looking at that, if we're in the silicon valley, we -- asians are not underrepresented. in boise, idaho, where we have one of the largest sites it is. so we have to be very specific to those different geographies that we focus and we do business in. >> now, there's been a lot of data that's come out in the last four or five years about why gender and racially diverse teams are better for companies. there's tons of stats on this and yet we haven't seen a lot of change. even at companies like facebook where someone like sheryl sandberg is number two of the company and a big advocate for this. a lot of studies when people don't have to usenary names show that a lot -- use their names show that a lot of white men are sick of hearing this issue. only 25% of companies have active programs to address this. 95% don't see it as a core thing they need to be focused on. if it's not your priority, how can we expect managers

how did hp inc. do this.ng after underpenetrated portions what have we forget is a $333 billion pc market and they're doing so embracing innovation and security. second, they're managing inventories well. something always fabulous cfo kathy less check has been doing since time inme mallial and a refresh cycle awe though i have to tell you i feel confident is at any time a one-off comeback. wise ler is right when he says i'm confident in our ability to jute execute the market and competitors. with pcs, printers and supplies going in the right direction hp inc. is producing bountiful cash flow and returning most to share hold he's they promised and i bet the dividend could grow as the cost of components begins to come down something that will happen in the second half. so many suppliers adding plans to meet this newfound intense demand. finally i want 0 add when this spin-off occurred like many people i figured hp inc. was just a wasting asset that paid a good dividend with maybe the hope someday somehow somewh

it's like a black hole at hp with consistent restructuring and job cuts.at we will probably get more of tonight with the numbers. the expectation is the sales decline will not only continue, it will accelerate into this quarter with the company getting smaller and smarter every quarter. vonnie: how many of these problems are actually meg whitman's? cory: she is chairman of one company and ceo of the other. it's a hard time for the hardware slingers of old. it's a very difficult business to be in. when you look at the problems at hewlett-packard, they don't have the proper structure to go forward with what they have right now, leaving the company yet again to spin off the services business. the other thing to look for is the trouble they've had in networking in the server business. -- availability of finding has been difficult for hp. that could impact results again. vonnie: how long can this decline continue? cory: hp has spent billions in acquisitions to be in hardware businesses. to do sharetinue buybacks and acquisition to please shareholders in terms o

according to hp it's doing just fine. that it's coming i think we need to give this company a lot more credit for thriving. let's take a closer look with dion weisler find out how the heck he did it. welcome back to "mad money." have a seat. >> thanks, jim. >> first, congratulations. you know -- i have seen it -- good and the bad. let me ask you. you either have a business that is in secular decline and you're the greatest management ever or it's not in secular decline and you did a good job. what is it? >> i couldn't be more proud of this team. they did a phenomenal job. we set out to reinvent this company 18 months ago. we have the heart and the energy of a start-up and the brains of the fortune 500. we said we needed to kind of earn our credit every single quarter. deliver those results and that we'd stabilize print. that we could return this business to growth. and that when you think about our strategy in the long term, you know, this is a company that delivers strong free cash flow today. but a real opportunity for

together with hp and dell, they account for 50% of the pc market. that sales have fallen for two years, she did diversify more? i was told the man challenges of lenovo. they have seen falling sales. when the market stabilises, it has to streamline its workforce. at the same time, it has to look at its portfolio. it has lost with the integration with motorola. the purchase of ibm as well. are they looking at bad bets in the medium term? we cannot say they are bad bets because lenovo are still doing steps to ensure that the integration of motorola is good. at the same time, the data centre business is pretty new and the sector is nascent for them. when will these two purchases bring in the cash for lenovo? in the short to medium term, it is difficult and they may fall victim to consolidation. but it has to do victim to consolidation. but it has todoa victim to consolidation. but it has to do a lot to grow its sale channel and work with customers and clients to ensure it is successful. they are being taken over by huawei etc. what about the pc market?

secure printing by hp. i.t. orchestration by cdw. >>> welcome back to the show. ahead of president trump's inauguration, the ceo of rushing s russia's biggest bank, sberbank said trump was a man of change. geoff sat down with him. >> you know, you and i were talking about the fact that he's a businessman and has never been a politician and that the initial period of office will be very difficult for him. because he will have to adapt himself to his new role, and the speed of this adaptation, and the extent to which he will adapt will affect his future ability to act. currently we see that we are very much in this period. not much time has passed. it's still too early to say how successfully or quickly he's adapting. i think we should return to this discussion in about a year. for the time big, it's too difficult to talk about any changes. it's clear that the nervousness that we see in the media is eliciting a similar reaction in society. naturally this is reflected in the behavior of trump's administration. for the time being, there is little chance of there bein

we have results from hp, guess and williams and sonoma headed our way. release the score for the house approved health care act this afternoon. we will bring it to you as soon as it is out. joining me to talk about record highs cnbc senior markets commentator mark santelli. vice chair and head of investment group, and danny hughes from divine asset management with us at post nine as well. mike, we said it before and will say it again, a stealth record and stealth record close but perhaps a significant one for the s&p. >> i could call it grudging and ambiguous. it is almost as if you were trying to make it as low drama as possible to get to a record high, or maybe to try to yank it to a nominal record high even when half the stocks are down. that's the thing i think we have to keep an eye on. when keeping the fed minutes coming out, it seems what the market has done whenever there's an identifiable potential catalyst, it wants that catalyst to be passed so the market can do what it was trying to do other we. after 2:00 you had amazon and google, two stock

ofoue,rede tm's rentleioviorha l tohewani o a n s o asraonanexctio a hos o rio d kw tt t hp n aintriohos llote vn. de find thatt was e most neceary answer to be given to the syrian regime, especially in the aftermath of the recent chemical attacks that took place. and we know that in terms of keeping up with the principal and committed fight against terrorist organizations all around the world, we will not repeat mistakes of the past and continue down this path together. in the restoration and establishment of stability and security of the region in question, the alliance and partnership and cooperation between the united states and turkey is of vital importance. i hope and pray that both of us will be committed to extending -- extending further out corporation in the future along with consulting each other more frequently. we are laying the foundation of a new era between the two countries in terms of our relations. i hope and pray this new administration will bring forth auspicious results. and i would like to thank president trump for his kind and cordial invitation, and i'm looking f

secure printing by hp. i.t. orchestration by cdw. >>> welcome back. hackers claim to have stolen a disney film for ransom. bob iger reportedly told employees that the perpetrators of the cyberattack are demanding a payoff in bitcoin in order not to release the upcoming film. iger said disney will not pay and is working with federal investigators. the name of the film or how much the hackers have asked for what not been disclosed. >>> elliott management called for an independent review of bhp's petroleum business. elliott, which owns 4.1% of the uk listed brand said in a letter there is deeply broad listed support for active steps taken by management to achieve a valuable outcome for the petroleum business. bhp cho and drew mackenzie said he rejected the claim that he has not been open to suggestions and will respond as appropriate. >>> warren buffett is betting on air travel. berkshire hathaway has been buying shares of southwest airlines according to the s.e.c. filing of its first quarter holdings. buffett's investment firm reported increasing holdin

monmonth and a half later he i bap back in three month st becaubecause hp because he.again. r>> coming up >> comi>>e r>> coming up >> comi> e goes free. r >> i feel likp >> i f r to fp to fly to fl>>. kid part. encep >> and he is>>a r >> a littp >> a li>> be leave. r >> jup >> just li>> j leap leave the light on fo. if you're told you have cancer, explore your treatment options with specialists who treat only cancer. every stage... every day.... at cancer treatment centers of america. learn more at cancercenter.com/experts what's the best way to get v8 or a fancy juice store?s? ready, go! hi, juice universe? one large rutabaga, with eggplant... done! that's not fair. glad i had a v8. the original way to fuel your day. >>> before dawn, most of the inmates at kent county jail are still asleep, jelani andrews is wide awake and on his way to say good-bye to sean denbraven. >> leaving, bro. >> i love you, bro. >> i love you, too, bro. >> andrews completed his 75-day sentence for marijuana possession and carrying a concealed weapon and is now headed home. >> hey, so much. >>

an wkn tt t hp e w u. aintrio eshos ll n blo i a. d fd att s the mo necessarynswer be gin to the rian regime, especially in the recent aftermath of the chemical attacks that took place. and we know that in terms of keeping up with the principle andommitted fight against the terrorist organizations all around the world, we will not repeat the mistakes of the past and we will continue down this path together. in the restoration and establishment of stability and security in the region in question, the alliance and partnership and the cooperation between the united states and turkey is of vital importance. i hope and pray that both of us will be committed to expanding further our cooperation in the future along with consulting ach other more frequently. we are laying the foundation of a new era between the two countries in terms of our relations. i hope and pray this new dministration will bring forth auspicious results with the relations. and i'd like to thank president trump for his very kind and cordial invitation and i'm looking for

secure printing by hp. i.t. orchestration by cdw.why a cutting edgeworld. university counts on centurylink to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink. >>> welcome back to "worldwide exchange." let's get you up to speed on the market action. you see the markets looking like it will grind a bit higher still. the s&p basically sitting at its highs. the intraday highs above 2400 still need to be taken out. but it looks like basically across the board very modest gains. the nasdaq, it's been the out-performer for a while. apple, a big part of that story. apple up 3% most of the day yesterday. it's actually interesting, yesterday illustrated a point i've held for a while, which is that apple is not truly speaking a broad market bellwether. it goes its own way. it goes in streaks, s

secure printing by hp. i.t. orchestration by cdw. ltry align probiotic.n your digestive system? a non-stop, sweet treat goodness, hold on to your tiara kind of day. get 24/7 digestive support, with align. the #1 doctor recommended probiotic brand. now in kids chewables. >> we are live at the nasdaq market. yet another record high for the 33rd time this year. the s&p is slightly lower. here's what's coming up in the second half of the show. twitter shares, they announced his return to the company. could this homecoming mean trouble for ceo jack dorsey? we'll explain. later the dollar all a post-election gain and commodity dennis gartman says it's about to get a lot worse. that's how low the dollar could go and what it means for stocks. the white house scrambles to send president trump's controversial meeting with russian leaders in the oval office. john harwood joins us with the latest. >> mellissa, all day, the white house has been dealing with the furor that president trump has shared highly classified information with those russian officials and prompted a review within the in

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hp, dell, new glenn ovi of -- lenovo. last quarter we have seen .ore price competition we are in the middle of a transition. the surface laptop is new today. you might expect to see an update coming soon. emily: the ceo of microsoft said cloud first. cloud seems to be going really well. give me the progress on mobile first. >> we are all in on mobile in the sense that all of our software will run on any device you own. office will run on iphone and android.minecraft on iphone and android. we embrace the world as we see today, which is that people use multiple devices and use windows pcs, laptops, and notebooks. emily: windows 10, given update. >> it's been doing great. million monthly active, 300 million plus use it every day. it is the fastest adoption incorporations ever seen, and we are seeing great deployment. we couldn't be more thrilled. emily: yousef maybe -- yusuf thank you, microsoft vice president of corporate services and devices. based techthe india company parent -- plans to hire u.s. workers. we look at the

. >> hp is one of the stocks we are watching this morning. printer makers latest quarterly results beat expectations. hp raised its earnings forecast for the full year. we look at results from best buy this morning. the electronics retailer to support a decline in same-store sales at the struggles of competition from amazon and other online stores. abercrombie and fitch halted yesterday will release its first-quarter numbers this morning. investors will be looking for an update from the apparel retailer which is reportedly in talks to sell at golf. nicole: the federal reserve indicated central bankers were not in a hurry to raise interest rates. but will we see an expected hike raised next month? our next guest will weigh in. lea: make sure you grab your relative if you're anywhere close to where we are. above the runway for the memorial day weekend. senior meteorologist janice dean will have your forecast. nicole: seeing green on the board this morning. dow futures higher by 82. as to be higher by eight, nasdaq higher by 21. a look at a righ

hp, dell, lenovo. the last year, we've grown share because of surface.quarter we have seen more price competition. we are in the middle of a transition. the surface laptop is new today. you might expect to see an update to surface pro four coming soon. emily: the ceo of microsoft said cloud first. cloud seems to be going really well. give me the progress on mobile first. >> we are all in on mobile in the sense that all of our software will run on any device you own. you own. office will run on iphone and android. minecraft will run on iphone and android. we embrace the world as we see it today, which is that people use multiple devices and use windows pcs, laptops, and notebooks. emily: windows 10, give us an update. >> it's been doing great. it's been many months since we reported we had over 400 million monthly active, 300 million plus use it every day. for three and a half hours. it is the fastest adoption incorporations ever seen, and we are seeing great deployment. new applications coming. we couldn't be more thrilled. emily: yusuf mehdi, thank you.

. >> one of the things you ruled that madness and frenzy was the in hp herit white supremacy of the confederates and that seems to rear its ugly head again. there is that simularity again and i am wondering how you address that. >> i mean without any questions, i mean the term, art at that point, and white supremacy, and this was a standard assumption, i think. not only in the south and it was seen as this is what the bible says. so i think there was a pap palpable dimension to that. i am by no means an expert on the so-called nationalist or what is it called? the alt right? it is a debate how much of that is an ingredient in the so-called populism we see in politics and how much is agitated by grieveianance tha e thatvise -- that has to do with race. i don't see as an overriding factor as it was back then because the institution and slavery was, you know, the way of life in a place like charleston in 1860. it was understood for political reas reasons, economic reasons, i mean the secession felt that to give way to the north would be to lose the foundation of their society at that point. so i do

the firm lost its title as the biggest pc maker earlier to hp. revenue fell by 4% to $43 billion. car production in the u.k. dropped by over 18% last month. wasdirectory's -- decrease partly due to the easter bank holiday. rising inflation is likely to have an impact on consumer demand for cars. shares in the low-cost airline by over 10% in london after reporting record profits for the past year. earnings jumped by almost a third as the carrier took advantage of low prices and passenger numbers. >> a former u.s. treasury secretary has pointed to a mistake in donald trump's budget. summers posted a blog after the white house unveiled that budget plan. double the spending plan counts some $2 trillion, using it to pay for tax cuts and to reduce the budget deficit. he says it appears to be the most egregious accounting error in a presidential budget in the nearly 40 years he has been tracking them. the white house budget director has denied that there is a mistake and they say they stand by the figures. $2 trillion is a very significant amount to get wrong. >> thank you very much for

hp, dell, lenovo. that has happened. if you look at the last year, we have grown. last quarter we have seen more price competition. we are in the middle of a transition. the surface laptop is new today. you might expect to see an update coming soon. emily: the ceo of microsoft said cloud first. cloud seems to be going really first well. give me the progress on mobile first. >> we are all in on mobile in the sense that all of our software will run on any device you own. office will run on iphone and android. minecraft will run on iphone and android. our management tools run across all those devices. we embrace the world as we see it today, which is that people use multiple devices and use windows pcs, laptops, and notebooks. emily: windows 10, give us an update. >> it has been doing great. we had over 400 million monthly active users 300 million plus , use it every day. it is the fastest adoption incorporations ever seen, and we are seeing great deployment. new applications are coming we , couldn't be more thrilled. emily: yusuf mehdi, thank you, microsoft vice pres

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hp is proving that pc sales are alive and kicking.lo alto firm reported that its pc sales rose mainly from very strong notebook sales. desktops were still down a bit. consumer sales were stronger than business sales. also, printer sales were up and it was the first time since 2010 that pc printer sales rose in the same quarter for hp and stock is up on that news. san francisco-based williams- sonoma also reporting strong sales. its revenue up 1% to $1.1 billion. strong demand for its flagship chain and west elm brand although pottery barn declined in sales. shares up 4% early going. >>> jobless claims rose this week. 234,000. continuing claims which were up a little bit remain below two million for six straight weeks that's the first time that's happened since 1974. stock market off to a positive start that. means record highs for the nasdaq and the s&p. investors looking for a sixth straight winning session. right now dow is up by 57 points. nasdaq up 16. s&p up higher by 5 points. back to you. >> thank you. >>> it is 6:46 right know

scarlet: hp reports, the printer -- second-quarter revenue beating analyst estimates.ng $12 billion. the revenue front, better than expected. third-quarter adjusted earnings per share will be anywhere from $.40 to $.43. second quarter beats, a jump of the 6.6% in the stock in after-hours trade. a quick mention, the s&p 500 it close at a record. , but it was an all-time high. the it is judgment day for republican health care bill as we wait for score from the congressional budget office. we speak to a former director next. this is bloomberg. ♪ >> i am mark crumpton. this is time for first word news. u.s. airline travelers face more scrutiny over electronics larger than cell phones. the heightened screening, -- comes as the government considers banning such devices on u.s.-bound flights from europe. the tsa says passengers will be asked to store large electronics separately from carry-on bags. screening may be extended nationwide. british authorities are convinced the manchester suicide bomber had help. police have no arrested five suspects. -- have now arrested five sus

world that they have a common cause with israel, that they are facing the same enemy, and that could h hphem to bring israel and the palestinians to a negotiating table. brent: our correspondent on the story for us from jerusalem. thank you very much. it is my pleasure to welcome to the table, the bishop of the evangelical lutheran church in jordan and the holy land. he is also the president of the lutheran world federation. bishop, it is good to have you, we appreciate you taking the time to be with us this evening. you are here in her lane. the u.s. president is in your hometown of jerusalem. what you make of what we are hearing from the u.s. president, particularly in regards to peace in the middle east? guest: first of all, i would like to take the positive things . when he is speaking about an ultimate deal for the middle east, i think we would like to welcome it. americans say, always we hope that he walks the talk. for me, it is very important when he speaks about an ultimate deal that it is based on international listening. that means a two state solution with 1967 borders. living

secure printing by hp. i.t. orchestration by cdw. the shlike a bald penguin. how do i look?sic awards. show me top artist. show me the top hot 100 artist. they give awards for being hot and 100 years old? we'll take 2! [ laughing ] xfinity x1 gives you exclusive access to the best of the billboard music awards just by using your voice. the billboard music awards. sunday, may 21st eight seven central only on abc. >>> welcome back. ford shares are down 37% since ceo mark fields took over. what is fields telling holders after the stock? let's ask phil lebeau with the headlights. stocks did not perk up, bill. >> no. we listened to annual meetings, a web cast opposed to other annual meetings where you're there in person, and here's the questions heard from investors, basically comes down to this. look at the chart here, see what ford stock did since the ceo took over relative to the big three competitors, gm and fiat-chrysler, since july 2014. the company heard questions from people saying, well, what are you doing about the stock price? they are investing heavily in the future a

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into house sharing arrangements and net neutrality would say we want all of our customers to get 4 hp k and verizon could say let's share the cost we would love to do that too. but we don't have the capital budget to do that. but you help us pay for that and absolutely and maybe you raise the price you think your customers want this and the variety is there. if you believe that and believe you are providing greater value hale they will be happy to may more. i am not in favor of the government stepping in in advance and saying that transaction can never occur. there is another possibility. the possibility is that verizon is a monopoly that says we have all these customers and they are never going to see your stuff unless you pony up. that is what microsoft did that. there is a remedy for that but it doesn't require prohibiting the first thing which is a value enhancing business arrangement that helps anybody. >> do you have a problem with the netflix-verizon example? >> i believe netnext came out as a supporter of the 2015 rules so they agree the rules toprotect them and other innovato

the tech museum worked with adobe, google, facebook and hp to present new technology that's not yet onhe market. you can sculpt with digital clay, paint virtual worlds in 3d and hop on a simulator and fly like a bird. >> it's cool. kind of like an old classic videogame but being the character as opposed to sit there is with the controller in your hand. >> yeah. you were flying there if you looked at the monitor behind him. the bird simulator requires a separate ticket besides in addition and for some exhibits you should reserve a time slot. they will be very popular. >> looks like fun. >> "cbs evening news" is next. >> anthony mason is filling in for scott pelley. >> reporter: up next, did an air force employee disrespect the remains of astronaut john glenn?! we now know the president's son- in-law is under fbi scrutiny in the russian probe. >> and after a tragic week in manchester, steve hartman reminds us to look for the good in the world. coming up in just a few seconds on the "cbs evening news." >> thank you for joining us here at 5:00. >> ahead at 6:00 we'll talk about the added s

hp is up.hat's helm rick and payne. >> but hp, i inc., printer comp. >> agilant, toll strong and take two strong. if you look at the market and decide how is it itting on earnings, 3 for 3 is pretty darned nice. >> you made an important point, as we watch the president depart tale veef those companies believe to ben fit the most from tax reform have actually had the worst returns. >> yes, the market is so smart. the bond market is smart, there isn't' going to be a new expansion of the budget and the stocks right because they've taken up everything that is literally is just spend, spend, spend, doesn't buy back stock. what you have is the stock market and bond market that are smarter than the average bear who played the market negatively betting somehow the trump trade being off would bring the market down. >> and leader mccarthy may think one thing in terms of timing for tax reform this year but what i hear from market participants is another, is the lack of consensus like the b.a.t. somebody b

secure printing by hp. i.t. orchestration by cdw. >>> welcome back to "power lunch."olving boeing. shares the boeing moving lower today after the company announced it is suspending test flights for the new 737 max airliner. a plane that is close to first deliveries. doing test flights for a number of months. the company said it is suspending those due to an issue with the leap 1b engines. leap are engines made by a partnership between ge aviation and safran out of france. according to boeing, they are working with cfm, short for who manufacturers the leap engines, to inspect the discs in question within these leap engines. again, suspending test flights for the 737 max. this is the next version of the 737. guys, first deliveries are scheduled to begin next week. see if that has an impact on whether or not we see the first deliveries begin with boeing next week after announcing they found an engine issue. out of abundance of caution, suspend some test flights. >> do we know -- this is i know boeing's workhorse. the 737. they've sold thousands over their lifetime and ma

eseta -of aucar hp sllseloy sk af -reks op dksaf a ith whth n uat t ste gut: 'llta wh t sendne ounueapltshaar d orad bth pratseorthe e mpie a tireciton be iruon ctil d r ruur corosyem ty nn b coecd t iert. the s ba w f t mo critical services that we depend on that there should not be -- they should not be vulnerable to the same kind of vulnerabilities that propagate on the internet. whether you do this in the old-fashioned way of keeping information in paper records under seal or in safes, that maybe an effective backup system. -- and theknow president's executive order does take up critical infrastructure, including nuclear power plants being one of them, i think it's a first good step that at least this critical services that are depending on the functionality of these infrastructures at all times are secure. host: longview, texas is next. jane is a democrat. good morning. caller: thank you for taking my question. my question revolves around the normative applications that this course currently dominates in this field. i feel the security issue is more centered on this games asve relative o

it's very special. [ laughter ] >> it should be judged on whether we think it is a ration we hp can i are -- they do have anti-poverty effects. we want to make sure kids don't go hungry. if cash does a better job of that, fine. but it's -- but these things that each have their own legacy and own dollar for dollar. >> right. and just a quick question on the administrative issues that are likely to arise. we have going to. they are it is something that could also be a design problem with a child allowance. >> i mean i think it would be in a lot less? ? you have or not. there is the administrative burden. we were less worried about whether it would come out of treasury, you know, but i think we would imagine the ssa would administer it if we had our ideal world. that may not be their ideal world. yes. exactly, yeah. >> reflect the fact that it's flat. a lot of missed payments and proper payments is because you exist on an -- >> trapezoid. >> yeah, a we're polygon. so that's a problem that doesn't apply here because it's a flat benefit. who claims it may end up being the bigger problem. y

they are inspiring products out of hp, dell, lenovo, and others.ng inspired by the innovation microsoft is showing on the hardware side. vonnie: why announce this in china? cory: this is unusual. this shows not just the success microsoft has had in china, but also the success they have not had in china. china is where they can move the needle the most. they can sell in much bigger numbers. this shows their focus on that marketplace, that there is so much growth to be had still in china that they think this product will lead the way. vonnie: i have to ask you about this idea that nokia and apple have settled their outstanding patent disputes. the way it was done is no get gets a little space in apple stores. how that worksee out. it seems nokia had the upper hand here. apple is not want to give up readily. this is a cheaper way for apple, and conserving cash is something they continue want to do even though they had the biggest cash reserves out there. vonnie: that is cory johnson, who will be on bloomberg technology at 5:00 p.m. eastern. brooklinen

hp inc, that's the printer and pc company.hey reported a great quarter and they triumphed over some great numbers. i think retail is oversold at this point. i like to say there's always a bull market somewhere and i promise to find it just for you light here on "mad money." i'm jim cramer. see you tomorrow. >> welcome to the shark tank, where entrepreneurs seeking an 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." ♪ who set out to solve a problem she faced as a mom. ♪ hi. i'm ginelle. i am the owner of cool wazoo. i'm here seeking $65,000 in exchange for 25% equity in my company. when my daughter was younger,

let's check first word headlines. ,hp billiton under pressure down to a fresh set of activist investorthe world's best performing hedge fund has a added its .oice to sell swiss saysit beijing's drive to influence is promising with president trump pulling back from global engagement. it says most of the money will india, russia. rishaad: malcolm turnbull prepares to meet president trump , he has been echoing some of the u.s. presidents rhetoric at home. we have a budget next week expected to contain and infrastructure spending splurge, appealing to voters with nationalists, nation-building policies. it could cost the nation's aaa credit rating. haidi: the wto has upheld impose plainht to packaging on tobacco products. said it could usher into a new wave of restrictions after tobaccold producing countries filed complaints. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. president trump has finally met with malcolm turnbull in new york. smiles, handshakes, even talk of the deal. raimi inocencio has been watching

wednesday we will be covering hp second-quarter results.we will have full coverage and analysis.now. this is bloomberg. ♪ from our studios in new york city, this is "charlie rose." isrlie: "dear evan hansen," that hit musical at the music box theatre in new york. it follows a high school student with severe anxiety to gets caught up in a social media fueled movement after a fellow classmate commits suicide. the "new york times," says start ben platt is giving a performance that should not be missed. "dear evan hansen," has been nominated for nine tony awards, including best musical. ♪

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wednesday we will be covering hp second-quarter results. we will have full coverage and analysis.or now. this is bloomberg. ♪ >> the following presentation is delivered to you by samsung, delivering quality electronics, computers and tablets. samsung, bring it home. announcer: how would you like to come home to a house that is fresh and clean? it just feels brighter and fresher. how would you feel about your home, if it always meant housekeeping just left?

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hp shares popping an extended trading as much as 9%. the company reported earnings that showed accelerating sales momentum in the second quarter as pcs delivered growth for the first summit half a decade. revenues rose to $12.5 billion. and it forecast third quarter profits that may exceed projections. coming up, automotive tech is in the midst of a gold rush as companies go all in on cars. nvidia is a standout. we will hear from an nvidia exec next. check us out. we days, 11:00 p.m. in new york. this is bloomberg. ♪ caroline: softbank has amassed a $4 billion stake in nvidia. making it the fourth largest chipmaker. this, according to people familiar with the situation. , it disclosed it owned an unspecified stake in california's nvidia. the chip maker's stock is up 30% this year. given the company a market value of $80 billion. and much of nvidia's games are being driven by expanding into new markets such as automotives. in the last quarter, nvidia's revenue from that unit dropped 24% from the same period a year ago. but competition is

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. >>> hps revenues beating forecasts.he pc market has benefits as companies replace their old machines. >>> pvh results beat expectations. the maker of calvin klein is also raising the full-year outlook. the ceo spoke to jim cramer last night on why these positive on the u.s. market. >> our brands are performing pretty well. you can see it in our heritage numbers. we're bullish about our heritage business in the second quarter. the key in this market in the u.s. is to really manage inventories tightly as well as expenses. you have to recognize that we're going through a seismic shift in the retail distribution channels. >> pvh shares up 3.6%. >> it is an amazing stand-out performer, especially when you consider a lot of their stores are sold in the underperforming department stores. they do have some international exposure in europe, maybe that helped, clearly a good brand story. shares are getting rewarded. >> williams-sonoma posted numbers already and they are up 9%. >>> still ahead on the show, a volatile day for oil p

we got that from hp. this is a wacko time. >> amazing week.ou know, we had autozone and tiffany and all the other weak reports. today we've got a raise in guidance from best buy, from pvh. and from williams sonoma. >> in your house, we'll do anything -- williams sonoma numbers i have to tell you this west -- they're on fire. they are now talking about the brick and mortar, i love -- brick and mortar is a source of value added services. a source of inspiration. they are going trying to be all digital. they increased a lot -- they have the stores. but they're opening up a flagship store, we're going to do that. we're going to go with credit cards blazing. >> to your point, you can do most of it online. you do have to put it together a little bit. but otherwise -- >> get ready for the term aggressive shopping because that's what you and i are doing at the end of the quarter. >> you talked to chirico last night? >> oh, my, double digit comps in europe, germany, so france. britain. we are talking about tommy hilfiger, calvin klein, starting to see

we'll hear from hp. >>> still ahead, a roundup of this morning's stocks to watch including a $14 billionr in the chemical space. >>> plus, we're waiting on remarks from british prime minister theresa may. we'll tell you what she's expected to say about the timing of a brexit. stay tuned. you're watching cnbc. i love you, couch. you give us comfort. and we give you bare feet... ...backsweat and gordo's everything. i love you, but sometimes you stink. ♪ new febreze fabric refresher with odorclear technology... ...cleans away odors like never before. because the things you love the most can stink. and plug in febreze to keep your whole room fresh for up... ...to 45 days. breathe happy with new febreze. >>> welcome back to "worldwide exchange." you're looking at live picks from the airport in tel aviv, where president trump has just arrived, israel holding a ceremony to welcome him at the moment now. the president expected to make some remarks shortly. there is the tel aviv airport. there will be a short welcome ceremony before he actually makes his way to jerusalem. he is expected to make r