the firm assuming coverage of apple and ibm with outperform ratings and price targets.ou own apple. are you bullish on apple because of the hardware story and the services story >> well, frank, i think you have to start with the hardware because that's the key element of apple's strategy. the iphone, because -- and also their computers, but let's look at what they did with the iphone it is a proprietary platform ultimately everything is built off that iphone. once you get the iphone it leads into the services. apple has over 860 million subscribers across all their platforms, apple pay, apple music, apple tv plus so you start with the hardware and that gets you in the door for all of the other services. so we are definitely positive on apple and we see this as a great opportunity. if you don't own apple you should really look at it and do your fundamental work around it because we like this stock at these levels >> jared, you do own apple degas is talking about the platform but these are high-end phones are you still in on apple with the possibility of a recession or an

growing up >> yes >> jimmy: by the way, i had a great experience with ibm.s parties, there was, like, family funday >> jimmy: family day yes. >> you know? >> jimmy: yes, family day was great. >> and so we were thinking, maybe we went to the same ones >> jimmy: yeah, maybe. >> maybe >> jimmy: we could have been there together >> we -- but we aren't -- so, we're basically related through ibm. >> jimmy: yes, we are. we're ibm brother/sister, yeah >> right which you can tell >> jimmy: but there's so many references there to "oregon trail. >> yeah. >> jimmy: that's what really got me 'cause there's two friends that haven't seen each other since high school. and they're yelling across the train station. and he goes, "sadie, sadie." and she's not turning around he goes, "sadie, you died of dysentery. >> right [ laughter ] >> jimmy: and they decide to make a game together >> yeah. >> jimmy: and that's really interesting. 'cause i've never heard of a a love story where you're like, "oh, that's a new take on" -- i've seen every hallmark movie [ laughter ] and i go - b

ibm. let's create. power e*trade's award-winning trading app makes trading easier.with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. >>> welcome back apple erased nearly all of its year to date losses and within 5% of a new all-time high, that helping to power the rebound in all the major averages apple the largest single stock josh, coming over to you what do you make of apple's comeback especially on reports of an event coming up in september? >> so what we know is that this has been a very tough stock to sell because every time you sell it, you are trading against one of three counterparties. first apple is in every single major index. it is a value stock, it is a growth stock it is a dividend stock it is a shareholder return stock. it is an innovation

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so you call in ibm and red hat to create an open hybrid cloud platform. now data is available anywhere, securely. and your digital transformation is helping find new ways to unlock energy around the world. >>> welcome back we have a developing story overseas this morning. brin britain's energy regulator will increase the prices on utility bills. fro price cap limits is a standard charge they can bill families to combine electric and gas bills this does not apply to businesses which amazingly could end up paying more more than double in some cases cap hike covers 24 million households consider this, that cap was just 1,400 pounds when we first talked about the growing problem live from london last fall they tripled in a year likely going higher when they reset again in january reset in the uk every three months all this as european natural gas prices soaring now at $94 u.s. per contract that is ten times what we are paying here. about 30% of british homes use natural gas to heat houses as uk policymakers try to dump gas in favor of wind power in the past d

ibm.of nuclear catastrophe are mounting in eastern europe and moscow and kyiv accuse each other of shelling a nuclear power plant in southeastern ukraine, the largest such plant on the continent. charlie d'agata is in ukraine with more. >> reporter: black smoke rises among the russian navy headquarters in crimea, the apparent drone strike is the latest in a string of high-profile attacks penetrating air defenses deep within russian-held territory. more fighting has been reported near the zaporizhzhia nuclear power plant, as russia and ukraine allow inspectors from the nuclear watchdog iaea access to the complex. nearly six months since the russian invasion began, we revisited the scenes of some of the worst fighting in the early days of the war. the airfield on the outskirts of kyiv where outnumbered ukrainian forces fought off elite russian paratroopers intent on taking it over. the extraordinary amount of damage here tells the story of the ferocious firefight that took place at this airf

ibm.randma never mentioned this, but her first job was working at a five and dime, when she was only 16 years old. it's all right there in the census. see where a few details can lead with the 1950 census on ancestry. ♪ ♪ this is the moment. for a treatment for moderate-to-severe eczema. cibinqo — fda approved. 100% steroid free. not an injection, cibinqo is a once-daily pill for adults who didn't respond to previous treatments. and cibinqo helps provide clearer skin and less itch. cibinqo can lower your ability to fight infections, including tb. before and during treatment, your doctor should check for infections and do blood tests. tell your doctor if you've had hepatitis b or c, have flu-like symptoms, or are prone to infections. do not take with medicines that prevent blood clots. serious, sometimes fatal infections, lymphoma, lung, skin and other cancers, serious heart-related events, and blood clots can happen. people 50 and older with heart disease risk factors have an increased ris

ibm.ight back with a lot more "face the nation" including more with mary daly. >> for two decades kansas city is a stop on schedule. but it's a new bull riding. to win here, it takes a team. this is pbr team. >> a new era of bull riding has begun. this is the pbr team series. >> 8 founding teams stacked with rosters of world champions, veterans, young guns not nodding their heads for teammates. >> extreme sport to its core. best bull riders in the world have taken sides for a season

so you tap ibm to un-silo your data.rt crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create emily: time now for the crypto report. there is an industry boom happening in security. with criminals targeting software infrastructure, people are finding themselves with more business they can handle. why is business booming? guest: the reason for this is there has been so much money stolen from various crypto projects, so far this year, $2 billion. we are in a situation where money is being stolen left and right, projects feel like they need to do something. emily: you are saying fortune is favoring crypto security firms. guest: absolutely. that is exactly right. companies that are auditing code. factors that can potentially exploit and allow good hackers, call

ibm.ight back with a lot more "face the nation" including more with mary daly. check out this time space wormhole i creat how's it work? let me see your togo, and i'll show you. "poof" burt, you have my lunch. introducing togo's new pastrami cheese ste loaded with our world famous pastrami, sauteed mushrooms, roasted red peppers, and smothered with melty american cheese. the new pastrami cheese steak. try steak or chicken, too. now at togo's >>> welcome back to "face the nation." we continue our conversation now with the head of the san francisco federal reserve bank, mary daly. in that jobs number on friday, we also saw that wages rose, but they're not rising as quickly as inflation is. how concerned are you that that shows inflation is really becoming embedded in the economy in a way that is really going to force your colleagues at the fed to continue to have to hike rates? >> you know, you don't see inflation as embedded in the economy. the kind of things we would worry about just not b

. >> i see a bunch of energy names in there, ibm. but then crowd strike? tell me about that >> everybody needs a little bit of growth, right i wouldn't be a good investor if i didn't speak out of both sides of my mouth. i think crowdstrike, they report earnings next week, they have a unique product their multiple is crazy and they are definitely the growth stock i was just poo-pooing. it's cloud-based as well as ai-based microsoft may be their nearest competition but their rate has been so high first off everybody is spending more money on cyber security it's one area of the business in i.t. spending businesses can't afford to cut. they've been doing a great job of picking up new sales and cross selling modules. i think you're going to continue to see strong earnings they beat five of the last six quarters i think you will see the company be able to continue this growth trajectory they've been on we'll see what they say under the hood i think that's a good place to be >> how careful do investors have to be? it's had a bit of a run especially after networks

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worked for ibm. the friday morning, so unlike her she missed a conference call. >> it is 2:00. worried about you. >> all day phone calls from ibm and friends went to voicemail. >> diane, i was calling to see if you were going to show up tonight or not. >> she didn't. >> i got to the club and i was waiting and she didn't come. i spent all of my time wondering when she was going to show up. >> was she caught in the storm. was the house hit? a co-worker called the police who cruised over to diane's exclusive neighborhood and found her fine, big house unscathed. peered through windows. saw no one. they secured a key. they went upstairs. and there, all but hidden behind a guest room bed they found diane. >> someone had killed her. i actually had a scream of some sort. it's not true. that is not what happens. >> of course it was. diane, 43 years old, suddenly the unlikely center of a strange and disturbing mystery and a most unlikely victim of murder. >> absolutely lived a life with gust gusto. >> lynn had known diane since the 90s. >> we would vacation together and have so much fun

ibm.et's create >> it continues to be -- we are some quarters away from saying we are through the worst of it. we think we will see some furtherance on that portfolio, but we are managing it. in an overall percentage, we are looking very modest. jonathan: the cfl on the situation and china at the moment. future is unchanged on the nasdaq. you know the approach to the data over the last decade or so. 49 was the official managing index. that number is in contraction for the month of july. tom: 10:00 a.m.? we will look for that as well. dr. goodell is here on a ratio. >> that is what i am looking at. we are talking about the contraction. the sentiment has been worsening, which brings me to my chart of the day, despite the idea that this growth proxy is largely driven by chinese demand and relative to gold. we are looking at a three year. you see this massive acceleration until 2021 and then it stagnates until june 2022. you see this steep decline. a lot of it is coming from china. remember th

ibm.friday's losses all three major averages are lower again today. the nasdaq the underperformer, down .4% we're looking at where we could look at softer labor conditions and why september could be a important month for stock pickers, especially this friday. >> and that is the jobs rorpt. and the important thing is we're entering a seasonally weak period, september. the worst month of the year. take a look at what will matter for september. earnings is the key here they're still up we're expecting 5% or 6% growth this year. but they're half than what they were six, seven, eight weeks ago. the economic data, you mentioned the jobs report on friday and then september 13th, the consumer price index so it is about job as and inflation and but in september we're going to have a lot of sell side conferences. these conferences are companies presenting individual outlooks for their industries and their companies. often they're not that important. this time, i think they will be. because when they

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ibm. let's create >>> 4:00 eastern time, "overtime.dam parker and shan, eric johnston he's been negative on the market. now we'll find out what his post call playbook is look forward to that conversation hope you will join me then let's do final trades. john, you're first. >> cleveland cliffs, i'm explained why in my overall theat is. >> you could explain even deeper if you want. i'll give you that time. for those who may have not put the link together. >> economic activity with hard construction will require steel, scott. >> okay. thank you, jim digas? >> the industry leader for market intelligence within the investment industry with a 10% earnings growth. >> okay. full disclosure, a user of facts it. >> we all are. dollar general beat top and bottom line and the margins held in remarkably well about 80% of the businesses is consumables so that is why they are doing well trade at 20 times like a stable stock but i like it. >> finally, joe t, the man is going to buy apple at the close of today you're locking into that now. >> i will. e

what they learned their is how to use the ibm card punch and reader. they learned how to use those. they spend the summer, but i find a special as well each one -- while each one knew someone, they become close as a team. they grow to know each other. when they come back to philadelphia and said figure out how to make it do the calculus equation. the work begins and continues in august of 1945. susan: what happens with the los alamos scientists? kathy: they can't finish and deliver. the eniac was commissioned to do ballistics trajectories, it's just about ready to go, these computers were identified, they will program it. they have been under a lot of pressure. they are told stop. the atomic bomb is the biggest secret of the war. they learn a little more and come back in august of 1945. the atomic bomb has dropped. they say we need the machine for an important calculation. they bring 100,000 ibm punchcards to run through the calculation that we think is the hydrogen bomb. susan: it had already dropped. kathy: the atomic bomb had dropped. the hydrogen bomb was behind it. eniac become

so you tap ibm to un-silo your data.tart crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create haidi: let's look at the day ahead for australia and new zealand. they say they will implement tax cuts legislated by the previous government despite costing billions in revenue. we will be getting billing approvals for july. the group says your risks falling behind -- europe risks falling behind the u.s. on building the green industry. the company says despite a 40% drop in profit, demand from china remains strong. he told us despite that, they are staying focused on controlling costs. >> for the year we just reported, the average price over the year was about $140 a ton. we realized 72% of that. it was $100 a ton margin for us. we stay focused on the things we

ibm, let's create. so, you partner with ibm consulting and use ai to analyze millions of data points to help predict player performance and bring fans closer to the action. now you're serving up head-turning insights and transforming your business into the top seed. let's create experiences that ace it with your fans. ibm. let's create this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. >>> developing news out of russia, gazprom says it has shut down gas flows through the nord stream 1 pipeline today. this three-day halt follows a ten-day shuttowdown in july they are blaming the shutdown on maintenance around a key turbine engine germany is disputing those claims nord s

so you tap ibm to un-silo your data.tart crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >> equity markets are moving to the upside. the malaysian market is up over 1%. they are upset because it has not gone online and over 12 minutes. examining the new charter produced by his allies. they are in bangkok. >> it was the constitution that he exceeded his term. the term was had by the constitution that he oversaw after he staged a coup. really what we have is a bit of a shift in power. not even -- the acting prime minister is a deputy. it is not a huge change at the moment. what remains to be seen is with the court will decide in one months time. if the court decides that canola to be the prime minister, there is questions about what that might trigger.

so you tap ibm to un-silo your data. and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >> markets should not look for any kind of major move on tariffs. the biden people have been signaling that. anything other than completely lifting tariffs doesn't provide any inflationary impact. markets should look for that either. jonathan: always good to catch up with terry haynes. from new york city, tom keene, lisa abramovitz, i'm jonathan ferro. the nasdaq 100 up .6%. yields higher by three basis points on the 10-year yield. data out later. ism services, pmi for the week, payrolls on friday. a focus on crude in the last hour. up 1.7% at $96 a barrel. opec agreeing on a very small increase in september, just 100,000 barrels a day, there smallest incre

no, but i'll bother him through bump. ibm cut him to the gym at those. i'm so glad i built that. then we'll say you will. yeah. hello. okay. it's good that i should never hon of war and daniel would have, but i don't, you're sort of like, you know. mm mm. quite a story. you know, you don't like, i don't know that you're crazy over here with us. no hosted here. here i do. i'm going to be with god. we're for food here. you're probably rush, rush, you thought we're not sure what you might love or stretch of the video but, but what or the still out a little concerned with his dad, this lease with an idea. so you know, that way of, you know, doing what ah, it's really tragic. it's really sad. but you know, when we were at the humanitarian aid, oh, there's thousands of people there. ah, and it's russia bringing them food, bringing them water, bringing them help, bringing a medicine, they're like a mobile pharmacy go on and it's russians that are helping these people today, not the ukrainians, not the not these in just russians are helping them with national been yeah. yeah, no diesel.

so you tap ibm to un-silo your data.tart crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create david: welcome back to the show. i think we are on air. are we? yes, we are. here we go. we are watching this continuing across the markets with risk aversion. we start things off with the taiwan dollar. we crossed 30 yesterday and we are holding onto that weakness. dollar-yen is a haven play. let's look at the global macro movers and what has changed in the last 15 minutes or so has been this drawdown we are seeing in the chinese equity markets. we are approaching a 3% drop in the hang seng index. i think we will just send it back to rish. rishaad: we have a look at the supply chain issues that are affecting trade. we get over to atlanta now. the ups executive v

so you tap ibm to un-silo your data.tart crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >> sansone just unveiled the latest generation of foldable phones. the new galaxy full four and the flip comes into meant incremental of grades. a slimmer hinge. samsung kept prices the same despite costs of materials and shipping. prices will go up for sansone's accessory letter. we are going to dig into the story of a nebraska teenager. how private facebook messages are being used in an abortion case against her and her mother and what that means for the future of digital privacy. my inclusive name is metaverse. and more, this is bloomberg. ♪ >> welcome back to bloomberg technology. i am emily chang in san francisco. i want to get back to earnings after hours.

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so you tap ibm to un-silo your data. crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create workers are fighting executives, pushing for part-time returns to the office. the latest example coming from apple. more than 200 apple employees decided to demand the company continue its flexible work policy instead of its planned return to the office on september 5. and requiring employees to come in two to three days a week. they want hybrid schedules with direct reports rather than a corporate blanket policy. this comes at a time when the term quiet quitting is making the rounds on social media. the idea is not the idea that the employees actually quit but they do the bare minimum that the job requires to remain -- maintain healthy worklife balance. >> does not

so you tap ibm to un-silo your data. crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create lisa: coming up, cofounder and former ceo joins bloomberg at 5:00 p.m. new york time. this is bloomberg. ♪ >> keeping you up today with news from around the world, here's the first word. ukraine's president warns civilians to stay away from military facilities occupied by russian forces following explosions at a russian ammo dump in crimea. an advisor said the blast market beginning of a series of attacks. explosions at a russian airbase destroyed fighter jets. germany will struggle to have enough gatt -- natural gas to get through the winter. that's according to their energy regulator which has germany will have enough for less than three months if russia cuts off s

no, but it will bother him, throw bump. ibm thought him to get him at those. i'm so glad i built that. then we'll say you will. yeah. hello. okay. it's good that i should never hon of war and daniel would have, but i don't, you're sort of like, you know. mm. mm . quite a story that you didn't like. i don't know that you're crazy over here with us. no hostility are here. i do. i'm going to be with you here. you're probably russia rush. you thought we much to ship it, but you might not write her up more graduate video but, but what are the still out break the little sure to start the process a did in last week. the of studies with idea so you know that way of, you know, doing what, ah, it's really tragic. it's really sad. but you know, when we were at the humanitarian aid, oh, there is a thousands of people there. ah, and it's russia bringing them food, bringing them water, bringing them help, bringing a medicine, they're like a mobile pharmacy go in. and it's russians that are helping these people today, not the ukrainians, not the not these in just russians ar

what we are doing to help is we work with over 200 of the top universities like google and meta and ibm we basically help universities offer industry like her credentials. when you get your college degree, you also get a certificate from google or ibm or microsoft or somebody else. >> some people think this is great. other people think this is not the way that they should handle this. what do you think? >> it reflects a huge and globally unique problem the u.s. has had. over a trillion dollars in student debt. how did we end up with a trillion dollars? students were able to borrow money, to buy a fairly expensive college experience that did not lend them a job. make degrees more affordable, make them more tailored to working adults who can't quit their jobs and move to a campus. also, make them more job relevant. we are creating collaboration between industry and universities. >> one of the trends that you are seeing that you think we are not talking about enough? trends that we might find surprising? >> i think everybody knows that people are now starting to a lot more online learning.

so you tap ibm to un-silo your data.rt crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create ritika: this is bloomberg markets. you are looking live at the blue room. coming up, i :00 p.m. new york time, -- at 12:00 p.m. new york time. this is bloomberg. keeping you up-to-date with news from around the world, former president trump is refusing to answer any questions with a probe having to do with his business dealings. he had a statement saying he would use his fifth amendment rights not to answer questions. inflation decelerated i than expected. that may take some pressure off the fed, with rising interest rates. a drop in gasoline prices shows higher food costs. the city of solon south korea is bracing for more right -- of seoul is bracing for more wide

no, but left it all by them throw bump, ibm thought into it. does. i'm so glad i built that. then we'll say you will. yeah . hello. okay. it's good that i should never hon. of war and daniel would have to read and you're sort of like, you know. mm mm . quite a story that you didn't like. i don't know that you crazy over here with us. no hostility are here i do. i'm going to be a loss of you with our dog. here, you're probably rush a rush. you thought we my ship for you when you might not. my to her are more fragile, valuable, but what or a little sure to started a possible drive time with you did in last with the israel and i do so you that way. be they doing what? ah, it's really tragic. it's really sad. but you know, when we were at the humanitarian aid, oh, there's thousands of people there. ah, and it's russia bringing them food, bringing them water, bringing them help, bringing a medicine. they're like a mobile pharmacy go on. and it's russians that are helping these people today. not the ukrainians, not the nazis in just rushes. they're helping them with national been y

ibm. let's create >> some financial markets are indicating they expect us to cut interest rates next year. i don't want to say it's impossible, but it seemed like a very unlikely scenario given what i know about the underlying inflation dynamics. the more likely scenario be continue raising and then sit there. jonathan: the central bank doesn't want to offer forward guidance spending a lot of time yesterday offering forward guidance. futures are positive. good morning to you all. tom keene, jonathan ferro, lisa abramowicz. futures up .1% on the nasdaq. 2.68 on the 10-year yield. tom: weaker sterling this morning. jonathan: down .6% of the back of a 50 basis point hike. tom: i like that, very good. we have earnings but nobody cares. when you do a transaction this important, recovering world from the pandemic, it is good to talk to jim zelter of apollo global management. i will go beyond earnings to your new transaction, acquiring the leasing efforts of the largest fleet of 747s in the world

the president of ibm, american express, pan american, chase manhattan bank.d his help, they need his influence, they need his concern, they need his involvement. there is an incredible amount of potential being wasted in harlem. he is reading a man child in the promised land which is a story of a guy who grew up in harlem. it's the stories of the streets written by a black man about black people. >> what you think the guys trying to tell you here? what he think the authors trying to do? >> well, he read what happened in this life. i guess that's what i like them. >> he has the same troubles customer. >> yes. >> a lot of the songs are familiar? >> yes. >> which ones? >> which are the ones the most familiar to you? [inaudible] a lot of that was going on here. thought it was an air raid, so he went in his mother found him hidden. >> you remember this really well. you remember everything you ever read. you never did read a book like this before customer. >> no not like this. >> what you think is the big difference? >> because he is a negro i guess. >> i will give

no, but i'll bother him through bump ibm thought into it. does. i'm so glad i built that. you know, you will. yeah. hello. okay, it's good because i sure the net hon of war and identity would have, but i don't, you certainly can. um ah, local store, you know, you didn't look, i don't know what that crazy over here with us. little roster here. here i do. i'm going to be with god, we're for sure. you're probably rush a rush. you thought we, my shifter you wish, when you might love or scratches of video but, but what or a little sure to start a possible drive time with us with an idea of way of, you know, doing much, ah, it's really tragic. it's really sad. but you know, when we were at the humanitarian aid, oh, there's thousands of people there. ah, and it's russia bringing them food, bringing them water, bringing them help, bring in a medicine and they're like a mobile pharmacy go on. and it's russians that are helping these people today, not the ukrainians, not the not just russians are helping them with actual then you know. yeah, no, no, yeah. we are you with i on the am

ibm. let's create pres.en: since the united states deliver justice to bin laden ayman al-zawahiri has been the leader of al qaeda. now, justice has been delivered and this terrorist is no more. if you are a threat to our people, the united states will find you and take you out. jonathan: in an address to the nation. good morning, alongside tom keene and lisa abramowicz i'm jonathan ferro. the focus on taiwan and the potential visit from nancy pelosi. the focus of this market lower on the s&p and nasdaq 100. the s&p lower by three quarters of 1% on the nasdaq 100 down by 1.4 percentage points. the wall street journal reported that this could happen as soon as this morning, and it's happening this morning. $39 per share in cash, tom. tom: inequities exposure, we use that option. helane becker and their retail is very strong. jonathan: they state is about expanding some of the abilities with this particular acquisition. tom: now we get lucky. julie norman is scheduled to be with us at the university college lon

is we work with over 200 of the top universities and 100 industry partners like google and meta and ibm help universities offer industry micro credentials -- these are professional certificates for these entry-level jobs -- to students. we are integrating industry credentials into the college curriculum. when you get your college degree, you also get a certificate from google or ibm or windows -- microsoft or somebody else. emily: meantime, you've got this huge controversy about how the biden administration is responding to the student loan crisis. some people think it is great, some people think it is not the way that the administration should handle this. what do you think? jeff: i think it certainly reflects a huge and globally unique problem that the u.s. has had come over a trillion dollars in student debt. how did we end up with a trillion dollars? what is his students were able to borrow money to buy a fairly expensive college experience that did not lend them a job that made them enough income to pay it back. your question about how do universities need to change to create a bet

so you tap ibm to un-silo your data.runching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create want an engaging website to boost your business? you're just a click away from five star fiverr talent. hundreds of freelancer skills like web design. head to fiverr.com today and get something started. >>> cnbc.com reports that the majority of goldman's card loans and resulting issues are from the apple card, which was launched in partnership with the tech giant about three years ago. joining me now is the author of the piece, cnbc's banks reporter fantastic reporting in here. it's amazing two such high-profile companies could stumble out of the block. >> you called the tagline was created by apple, not a that leaves out the servicing is done by a bank that's the caus

so you tap ibm to un-silo your data. crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >> u.s. stocks are going a whole lot of nowhere right now. bloomberg's abigail -- is tracking it for us. abigail: the nasdaq down --. we are looking at the first three week scheme since the last -- since the end of march into april. we have very solid gains. let's see what happens. there is a little bit of a cautionary tale here. you have this big losing stretch into july. the nasdaq 100 is impressively above. he was talking about how this could really be the bottom. in the nasdaq 100, also software and hardware, we are not seeing a break. crude oil now at 88. we were just talking before this segment, what is going on here is not really clear. a two day moving averag

ibm. let's create another busy day? of course - you're a cio in 2022. but you're ready.ause you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want - your team, ours or a mix of both. with the nation's largest ip converged network. from the most innovative company. bring on today with comcast business. powering possibilities. >>> welcome back to "worldwide exchange." time for the biggest money mover. shares of pinterest soaring ahead of the opening bell. up 19% currently despite reporting a miss, yes, a miss for profit and revenue as well for the second quarter it issued weak guidance for the current quarter as well. but better than expected user numbers and elliott management and social media is the company's largest investor hoping to fuel the surge pinterest is trying to buck the trend of other stay at homes that have been hit hard. zoom video and peloton and roku and etsy down 40%. joining me now is l

the president of ibm, american express, pan american, chase manhattan bank.ce, they need his concern, they need his involvement. there is an incredible amount of potential being wasted in harlem. he is reading the promised land, which is the story of a guy who grew up in harlem, it is the story of the streets written by a black man about black people. >> what do you think the guy is trying to tell you? what do you think the author is trying to do? >> well, he is a negro and i guess you read about what happened in his life and the trouble that he had, that is why i like it. >> you have had the same troubles? >> yeah. >> a lot of those themes are familiar? >> yes. >> which ones? which couple of ones are the most familiar to you? >> the stuff about the riot. that is what was happening going on here. he had a nightmare that he heard guns and people screaming, he thought it was an air raid, he went to his mothers and fathers room to sit and between them. >> you remember this very well. you remember everything you read. he never did read a book like this before? >>

so you tap ibm to un-silo your data.rt crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create >>> welcome back time for the big money movers. three key stocks happening right now. stock one is cisco systems beat forecast and giving a positive outlook for sales the company says after a challenging spring due to covid shutdowns in shanghai and supply chain issues have been easing. chuck robbins will be on at 9:00 a.m. stock two is the mystery chart wolfspeed. howling. this company is formerly known as creed the chipmaker with a smaller loss and beat forecast after strong demand. wolfspeed is giving good guidance the stock up 21% you go, wolfspeed. stock three. this is the big name bed, bath & beyond shares down 12%. surging 50% yesterday. board member ryan co

so you tap ibm to un-silo your data. and start crunching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let's create smarter ways of putting your data to work. ibm. let's create wanna help kids get their homework done? well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. through projectup, comcast is committing $1 billion so millions more students can continue to get the tools they need to build a future of unlimited possibilities. this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! ye

ibm.reate shery: the white house is set to dial back rising tensions with china over nancy pelosi's expected visit to taiwan. this is after beijing threatened military action if this happened. national security council spokesperson john kirby said this in no way changes the one china policy. >> the president was asking -- was answering a question from a reporter surrounding the guidance we give speaker pelosi before she travels. we met with her and her staff to make sure she could make the best decisions on her own. that she had all the information and context she needed and the president was referencing that. the speaker gets to does i'd what her travel itinerary looks like. >> i realize you were not confirming the trip but if she does show up, you mentioned the fact that there were live fire exercises conducted by china last night and you said the country is positioning itself to potentially take further steps in the coming days. i spoke earlier with a defense secretary who suggested u.s

b a and ibm heavy white bit belts. british box lost his titles to the ukranian by unanimous decision last september. on home soil, thick had been fighting on the frontlines against russia with the ukrainian defense forces for the 35 year old left ukraine in march to prepare for the re match. joshua has rejected talk of retiring if he loses on saturday. he's confident he's learned from the previous fight. one of my strengths is. i'm a quick learner. i'm a sponge. oh, really, right. a sophomore to learn in a software that is a fight. so why? whoever for the most punch of a lot of the most punches when the netherlands fan bowl has completed and unlikely double after winning the 400 meter hurdles at the european athletics championships in munich. this is a 1st at the championships. he see just how dominant she was. the olympic bronze medalist finished in 52.67 seconds. a few days earlier, she'd won the 400 meters european championship. and he is a reminder of the top story by following for you this allen, russian officials in occupied crimea, say they've shut down a drawing that was timi