ibm watson is working to make healthcare smarter every day.r engine] [car engine] ♪ introducing the first-ever 306-horsepower lexus rc coupe with available all-wheel drive. once driven, there's no going back. we will see you next year. oakmont country club is next. you can pull a lot of golfers, pro, amateur, this is as hard as it gets. oakmont in pittsburgh pennsylvania. >> we're talking about the 115th u.s. open and this championship is won by a 21 year-old young man, an old soul who brushed off a double bogey at 17 to win because of a three-putt by dustin johnson. louis oosthuizen shooting 29 the second nine here on sunday. a hug from his parents and this great family gets to celebrate another major championship. they did so in augusta. and they do here in the pacific northwest. mature beyond his years. and we will give you a look one final time at the leaderboard. jordan spieth wins it two-way tie with dustin johnson and louis oosthuizen. branden grace gave it a fight. could not get around the blocked shot at 16 that went out of bounds off

ibm watson is working to make healthcare smarter every day.r engine] [car engine] ♪ introducing the first-ever 306-horsepower lexus rc coupe with available all-wheel drive. once driven, there's no going back. we will see you next year. oakmont country club is next. you can pull a lot of golfers, pro, amateur, this is as hard as it gets. oakmont in pittsburgh pennsylvania. >> we're talking about the 115th u.s. open and this championship is won by a 21 year-old young man, an old soul who brushed off a double bogey at 17 to win because of a three-putt by dustin johnson. louis oosthuizen shooting 29 the second nine here on sunday. a hug from his parents and this great family gets to celebrate another major championship. they did so in augusta. and they do here in the pacific northwest. mature beyond his years. and we will give you a look one final time at the leaderboard. jordan spieth wins it two-way tie with dustin johnson and louis oosthuizen. branden grace gave it a fight. could not get around the blocked shot at 16 that went out of bounds off

because it's so challenging, a research project is teaching ibm watson to see. in the future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. >> time now for the final trade, let's go around the horn. >> we were talking about me mega whitman still on the stage. we had huge option paper. they expire on friday. huge buyers, 19,000 before we got to the halftime today. >> 386. >> decker as we talked about last friday. i think it is prime to be a takeout candidate. it could move much higher on the charts. it is still holding a level of 65. if you want to keep it on a short leash, i bought it today. >> this one has catalyst comi

because it's so challenging a research project is teaching ibm watson to see.ld help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. ♪ every auto insurance policy has a number. but not every insurance company understands the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. leave early go roam sleep in sleep out star gaze dream big wander more care less beat sunrise chase sunset do it all. on us. get your first month's payment plus five years wear and tear coverage. make the most of summer... with volvo. you probably know xerox as the company that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing nearly $5 billion in electronic toll

ibm watson is working to make medicine smarter every day.hecking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck. >>> welcome back to the largest larging conference in the world near new york. eight years ago, bill gates and saudi prince took four seasons private for $3.8 billion. they became dissatisfied by the growth of four seasons 18 months they took this guy, allan smith to reinvigorate growth at that the brand, good morning. >> good morning, simon pleasure. >> how have you revig rated growth? >> growth is obviously a high priority for any company. i think in our case what's important for four seasons is we need to be in the most important markets for our guests in the most important buildings with the best partners. and we've been very focussed on establishing those priorities. >> obviously the numbers are far lower than marriott but you have a large number in the pipeline, i was surprised, 95 at the moment. how many on the way? >> we

an app powered by ibm watson will help vets tap specialized knowledge in the cloud for every breed... whatever else walks, flies or slithers through the door. ibm watson is working to make medicine smarter every day. ♪ ♪ ♪ (charge music) you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck. i'm here at the td ameritrade trader offices. ahh... steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim? for all the confidence you need. td ameritrade. you got this. >>> "options actions" is sponsored by think or swim. >> gap reporting overall same store sales fell 1% which was better than the 2% decline than analysts had expected. its namesake dropped 6%. the loan bright spot old navy

ibm watson is working to make healthcare smarter every day.that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing nearly $5 billion in electronic toll payments a year? in fact, today's xerox is working in surprising ways to help companies simplify the way work gets done and life gets lived. with xerox, you're ready for real business. >>> welcome back to squawk box everyone. we have been watching the u.s. equity futures and it looks like things turned positive. the dow futures were up by 35 points. s&p futures and the dow futures are marge untilly higher. the government's report will come ahead of the july 4th holiday weekend. while 89% of u.s. workers believe they deserve a raise just over half plan to ask for a pay bump this year. instead workers surveys said they would rather clean the house than look for a new job. 70% would rather get a r

because it's so challenging a research project is teaching ibm watson to see. in the future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. the beast was as long as the boat. for seven hours, we did battle. until i said... you will not beat... meeeeee!!! greg. what should i do with your fish? gary. just put it in the cooler. if you're a fisherman, you tell tales. it's what you do. if you want to save fifteen percent or more on car insurance you switch to geico. it's what you do. put the fish in the cooler! >> dickerson: when we come back we'll talk to the latest republican contender rick perry is on the trail and jill join us in just a moment. stay with us. pport hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing nearly $5 billion in electronic toll payments a year? in fact, today's xerox is working in surprising ways to help companies s

ibm watson is working to make healthcare smarter every day.at td ameritrade, they love innovating. and apparently, they also love stickers. what's up with these things, victor? we decided to give ourselves stickers for each feature we release. we read about 10,000 suggestions a week to create features that as traders we'd want to use, like social signals, a tool that uses social media to help with research. 10,000 suggestions. who reads all those? he does. for all the confidence you need. td ameritrade. you got this. >>> i'm courtney reagan. here's your cnbc's news update for this hour. jenny's splendid ice cream says it has found listeria in its plant and has halted production for second time since april. clm columbus, ohio based company says the listeria was covered during a routine monitoring process. luckily no ice cream was contaminated. >>> the cdc suggests doctors in the u.s. start watching out for the mers virus after an outbreak in south korea. there were proefl two cases of mers in the u.s. both people who traveled to the middle east

ibm watson is working to make healthcare smarter every day. >>> we're back.usual happens, the najarians try to find it. what do you have, pete? >> the stock symbol, motion detect fors, the september 18 calls aggressively paying 60 and 65 cents for these stocks, trading around 15 1/2. this a stock trading near the low end of it is range. the market was down 6 to 8 points and it's a very strong positive territory. it makes you scratch your head and wonder why. >> are you in? >> i'll see options for the next two to four weeks. >> jon najarian is joining us as well from chicago. doc, what do you see? >> well, judge, zulily, zu. the options closed friday at 30 cents. they hit very early and somebody bought a block of over 3200 of them like that for 50 cents, up 20 cents from friday and then they just screamed higher as it broke through the 100-day moving average. they screamed up to about $1.20. in other words, more than a double. we took it off already as it pulls back here, judge, we're looking to see if this volume continues to build. now they are buying up to

ibm watson is working to make healthcare smarter every day.ms.gent it recognizes pedestrians and alerts you. warns you about incoming cross-traffic. cameras and radar detect dangers you don't. and it can even stop by itself. so in this crash test, one thing's missing: a crash. the 2016 e-class from mercedes-benz. >>> quick news alert for you. our michelle caruso cabrera with that. >>> a member of the ecb governing council says it would not be a problem if greece leaves the eurozone. if greece had to leave the euro it would cause a problem for greece but not are for the overall currency bloc. this is significant because thus far members of the ecb, particularly mario draghi says it is terrible. the timing not coincidental. we're in the middle of heated negotiations. a member of the ecb raising the pressure on greece saying if you go, a problem for you. not a problem for us. back to you. >> these headlines will get more and more dramatic. michelle, thank you. meanti meantime, we're watching the airlines today. dom chu has a market flash. >>> the

because it's so challenging a research project is teaching ibm watson to see.future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. these two oil rigs look the same. can you tell what makes them so different? did you hear that sound? of course you didn't. you're not using ge software like the rig on the right. it's listening and learning how to prevent equipment failures, predict maintenance needs, and avoid problems before they happen. you don't even need a cerebral cortex to understand which is better. now, two things that are exactly the same have never been more different. ge software. get connected. get insights. get optimized. 40% of the streetlights in detroit, at one point, did not work. you had some blocks and you had major thoroughfares and corridors that were just totally pitch black. those things had to change. we wanted to restore our lighting system in the city. you can have the greatest dreams in the world, but unless you can finance those dreams, it doesn't happen. at

ibm watson is working to make healthcare smarter every day. confident your company's data is secure, the possibility of a breach can quickly become the only thing you think about. that's where at&t can help. we monitor network traffic worldwide, so we can see things others can't. mitigating risks across your business. leaving you free to focus on what matters most. >>> what does the future of health care look like? it turns out it could look a lot like virtual reality. meg has the story. good morning, meg. >> reporter: that's right. the biotech industry conference starts this week in philadelphia. we're discussing a lot of really kul futuristic 3-d printing. virtual reality is being applied in health care. click health built this system and said initially it's being used to communicate how drugs work for both doctors and patients and it could be used in the future for face-to-face consultations and for research and drug development to even surgical training. >> in the past, you'd have to train in theater as a surgeon, just like a pilot would h

because it's so challenging a research project is teaching ibm watson to see., it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >> dickerson: the attack of the mother emmanuel church not just murder of nine african american worshippers. like all terrorist attacks a message to use violence to sow hate. the shooter left one person alive to bear witness to what he had done. but two days later at his bond hearing members of the victim's family stood and one after the other forgave the alleged murderer and prayed for him. >> something very precious, i will never hug her again never hold her again. but i forgive you. >> i loved my grandfather and other victims died, this is proof that they lived and loved and hate won't win. >> i'm very angry. but one thing that is always in our family that we are the family that loves. >> we have no room for hate. we have to forgive. >> dickerson: this is what it looks like to bear witness. to testify. the shooter took life but he also tried to steal the fa

because it's so challenging a research project is teaching ibm watson to see.ture, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >>> last week we introduced our new segment -- "meet the next," the idea is to bring you interesting or intriguing ideas from around the country. it comes from the working group on presidential campaign debate reform. they have many ideas they would use to improve the debate process. among them, a chess clock like this one. the idea is this, instead of allowing a set time for each answer, for candidates to give, instead they would get a total amount of time for the entire debate. let's say you're ted cruz and your position on health care is crystal clear. repeal every word of obamacare. hit the clock. you'll have time for other answers. they also had other ideas but the chess clock was the most intriguing one and the only one i wanted to embrace. i'm told i'm out of time so we'll be back with the latest nbc new 40% of the streetlights in detroit, at one po

because it's so challenging a research project is teaching ibm watson to see.future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. these two oil rigs look the same. can you tell what makes them so different? did you hear that sound? of course you didn't. you're not using ge software like the rig on the right. it's listening and learning how to prevent equipment failures, predict maintenance needs, and avoid problems before they happen. you don't even need a cerebral cortex to understand which is better. now, two things that are exactly the same have never been more different. ge software. get connected. get insights. get optimized. over 20 million kids everyday in our country lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy affordable, kid-inspired chef-crafted food. we looked at what are the

because it's so challenging, a research project is teaching ibm watson to see.future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >>> i'm sharon epperson with your cnbc news update. >>> saudi-led air strikes targeting yemen's defense ministry. the building under the control of houthi rebels, strikes also focused on the homes of rebel military commanders. >>> european union requires guidelines for west bank settlements if they're exported to the 28-nation bloc. international unhappiness with israeli construction of settlements in the area. >>> european banking giant hsbc says it will cut almost 50,000 jobs in the coming year as it slashes costs and sells part of its bank to focus on area. part of a major restructuring plan to save hsbc five billion annually. >>> and lobster prices are rising, wholesaler charging $16 a pound up from $12 a year ago. water temperatures in new england haven't warmed up enough for lobsters to migrate inland. that's the news update for this hour. >>> with

because it's so challenging, a research project is teaching ibm watson to see., it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. here's your cnbc news update. amazon says it will be ready to go after a senior federal aviation administration told a congressional panel that the agency expects to finalize regulations allowing commercial drone operations within a year and that is months earlier than previous forecasts. we'll have more on that story in just a moment. >>> goldman sachs telling its summer investment banking interns not to work in the office over night. bid to improve working conditiocondition s for the junior staff. how wall street executives are seeking to curb excessive hours in the wake of a bank of america intern's death in 2013. swiss bank investigators of 2018 and 2002 world cup locations. >>> first lady michelle obama arriving in italy with her two daughters for a visit. the first lady will promote her healthy eating program. that's your cnbc news update at this hour. b

because it's so challenging, a research project is teaching ibm watson to see.ture, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >>> we're back, we want to show you what the markets are doing after the better-than-expected jobs report. the s&p right now is down four points. first reaction now, from a member of the fed, steve liesman. >> scott, thanks very much. new york fed president bill dudley speaking in minneapolis said conditions will likely be appropriate for a rate hike late they are year. he said the timing and likelihood obviously depends on the economic outlook and once the fed starts hiking he sees a shallow upward path for rates in the years ahead. he says look out there will probably be some market turbulence when the fed starts to hike. why does he come to this conclusion about rates being appropriate to hike late they are year? it's because of greater confidence he has that inflation is not falling and moving back to the fed's 2% target. on the may jobs report he said

because it's so challenging a research project is teaching ibm watson to see.the future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. ♪ ♪ ♪ at chase, we celebrate small businesses every day through programs like mission main street grants. last years' grant recipients are achieving amazing things. carving a name for myself and creating local jobs. creating more programs for these little bookworms. bringing a taste of louisiana to the world. at chase, we're proud to support our grant recipients and small businesses like yours. so you can take the next big step. >>> welcome back to "fast money." hat shares are down by 1% pairing some losses despite first quarter results that beat analysts' estimates. it's sending the stock perhaps a bit lower as orders rise but at a slower rate than anticipated. the company gave no guidance and shares down about 1% here. the stock is on a nice run, simon, up about 14% this year. back over to you. >> dom, thank you. have you been trading this? >> that

an app powered by ibm watson will help vets tap specialized knowledge in the cloud for every breed... whatever else walks, flies or slithers through the door. ibm watson is working to make medicine smarter every day. >> dickerson: the second had not turned over all her emails. the chairman of the investigation, gowdy is here. mr. chairman, i want to ask you what's the significance of this latest revelation? >> well, the significance, john, is it undercuts the three main points the secretary made. she said the public record was complete. you'll remember in her press conference she said she turned over everything related to work to the department of state. bewe no that that is false. she said the emails from sydney blumenthal were unis listsolicited. we know that was false. so so far -- she also said that she had a single device for veerch. we now know that she had more than a singlete vice. so every explanation she's offered so far is demonstrably false. >> on the question of completeness, the state department said well, she turnedÑo over 55,000 emails. this is just 15. so how big a de

an app powered by ibm watson will help vets tap specialized knowledge in the cloud for every breed... and whatever else walks, flies or slithers through the door. ibm watson is working to make medicine smarter every day. . >>> hi, everybody, i'm sue herera with your cnbc news update. a fifth juror has been dismissed from the james holmes murder trial. the judge responding to a motion by the defense. the juror had told the court that she had recognized one of the trial's witnesses. holmes is on trial for the aurora, colorado theater massac massacre. >>> a setback for uber, the california labor commission ruling that a san francisco-based uber driver was an employee of the company and not a contractor as uber had argued. that opens uber up to higher costs, including social security, workers compensation and unemployment insurance. >>> the bird flu outbreak that has raised prices on turkey and eggs has lowered prices on chicken in the u.s. according to the department of agriculture, because many countries have restricted imports of poultry products, chicken is more plentiful in the u.s.

an app powered by ibm watson will help vets tap specialized knowledge in the cloud for every breed...else walks, flies or slithers through the door. ibm watson is working to make medicine smarter every day. >>> i'm morgan brennan, here's your cnbc news update. president obama making it official. saying the u.s. will send up to 450 additional military advisers to iraq. to train and advise iraqi forces fighting the islamic state. he says they will not serve in a combat role. the republican chairman of the house ways and means committee says president obama's health care law is broken and must be replaced. rep paul ryan spoke as his panel began questioning health and human services secretary vilia burwell about the law. >>> jeb bush continuing his ourpen tour while speaking to the media in berlin he called russian president vladimir putin a bully and said allies need to be more resolute in their responses to him and two buses collided this morning in the lincoln tunnel. at least 1 8 people were injured. the accident caused traffic delays of up to 90 minutes. back over to you. >>> morgan,

ibm watson is working to make healthcare smarter every day. early go roam sleep in sleep out star gaze dream big wander more care less beat sunrise chase sunset do it all. on us. get your first month's payment plus five years wear and tear coverage. make the most of summer... >>> hello, i'm sue herera with your cnbc news update. >>> apple says it's recalling 233,000 of its beats pill xl portable wireless speakers, due to a fire hazard from overheating battery, it's received eight reports. apple says commerce can apply for a $325 refund on its website. >>> proxy adviser iss has recommended that google shareholders with hold votes for all three deteirectors on the company's compensation committee. saying megagrants were problematic. google holds its annual meeting today. >>> president obama's special envoy for the coalition to counter isis says defeating the group will take a generation or more. general john allen made the comments while speaking at the annual u.s./islamic forum in qatar. >>> and south korea has launched a new ballistic missile

because it's so challenging, a research project is teaching ibm watson to see.future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. ♪ ♪ at chase, we celebrate small businesses every day through programs like mission main street grants. last years' grant recipients are achieving amazing things. carving a name for myself and creating local jobs. creating more programs for these little bookworms. bringing a taste of louisiana to the world. at chase, we're proud to support our grant recipients, and small businesses like yours. so you can take the next big step. leave early go roam sleep in sleep out star gaze dream big wander more care less beat sunrise chase sunset do it all. on us. get your first month's payment plus five years wear and tear coverage. make the most of summer... with volvo. >>> we are less than 20 minutes away from netflix's shareholder meeting where some investors are hoping for a big stock split. just how big? cnbc's julia boorstin's got the details. julia? >> reporte

ibm watson is working to make healthcare smarter every day.ldn't order szechuan without checking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck. >>> take a look at this photo that is burning up the web. >> ooh. >> the photo is of president obama and german chancellor angela merkel taking a break at the g-7 summit in germany. we wanted to know what you think they're saying to each other. tweet us your best caption. if it's funny we'll read it later in the show. >> should be dirty too. >> our guess, though-s perhaps they were talking about our chart of the day. the german dax. the index has officially fallen into production territory and very close to the ominous death cross. hence why angela merkel's holding up her arms, death cross. tim, what do you think? >> to remind you folks death cross is when the 50 daily moving average is crossing over the 200 or so longer number indicating the trend is on the way down. germany's down 11%, what's goin

because it's so challenging, a research project is teaching ibm watson to see.the future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >>> bond king bill gross taking to twitter to announce his next big trade, he says german bund short of a lifetime update it's happening. up next, china shen jen index not just yet. the index is up 188% in the past year. beakers, what do you think of this other short -- two shorts of a lifetime in the span of three months. >> the problem i have with shorting china -- that might be proportional to how long he thinks he's going to live. >> i'm just saying pain the guy has information we don't have and he's got to get them all out. i hope you're well, bill. that being said, china i'm a little afraid to sort here primarily because the government controls the market way more than any other market. the other short i got, i understood it was economically unsound, the china one i would think be would i a little leery of. >> it sounds like he's leery himself

ibm watson is working to make medicine smarter every day. hey, can i help you? yeah, we're interested in the iphone. we promised one to beth for her birthday. you know mobile share value plans now include rollover data, so the data you don't use this month rolls over to the next month. wow, even better. so what are you gonna do with your old phone? i'm giving it to my sister emily. she gets all my old hand-me-downs. oh i'm into bedazzling too. and you admit that? yeah...i...i used to be into bedazzling. i'll go get your phone. get the iphone 6 with rollover data to share. only from at&t. hour or so, dick costolo is out. our next guest used to own shares, dan niles, found of alpha one capital joins us on the fast line. dan, is this news enough to make you take a look at twitter? >> not enough information, but the one thing i would say is that the fact that they reaffirm q 2 means absolutely nothing because you've got full year expectations and generally, you don't have a ceo that you get rid of because things are running well, and i think it was just less than a

ibm watson is working to make healthcare smarter every day.surance policy has a number. but not every insurance company understands the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. then don't miss sleep train's want youbest rest event.? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for three years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. ...guaranteed! ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> officials suspect that hackers in china stole personal records from as many as four million government employees. amon javers is in d.c. with more. >> those four million current and former government employees are being notified by the federal government that t

an app powered by ibm watson will help vets tap specialized knowledge in the cloud for every breed... and whatever else walks, flies or slithers through the door. ibm watson is working to make medicine smarter every day. >>> turning now to the debt crisis in puerto rico and the ensuing blood bath for bond insurers, puerto rico's government saying in an interview with the "new york times" over the weekend that the island's debts are "not payable." that news crushing insurers like mbia and assured guaranty, which have more than $10 billion in combined exposure to the island's debt. bcig downgrading both companies to neutral from buy this morning. joining us now is the man behind those calls, btig's managing director mark palmer. obvious choice for you, mark, here? >> we think so. frankly, up until last night our focus with regard to puerto rico was on puerto rico's electric power authority and whether it was going to be making a coupon payment on july 1st insofar as assured guaranty and mbi both have exposure to that entity. what changed last night was that while we were focusing on the

because it's so challenging a research project is teaching ibm watson to see. help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >>> one group that managed to avoid today's sell-off was the movie theaters. names like regal and cinemark are getting a big pop as "jurassic world" smashed estimates, turning in the best domestic and worldwide opening weekend of all time. our next guest says the blockbuster hit may have just saved the summer box office. paul dergarabedian is the senior analyst at renttrack. he joins us from los angeles. i do apologize for that. but good to see you. >> don't worry about it. it's great to see you, mandy. thank you. >> good to see you again. why do you say this is going to save the summer box office? >> i'll tell you, all it takes is one big record-breaking half billion-dollar opening to turn things around and "jurassic world," unbelievable. it really obliterated all expectations. so let's break it down really quick. first of all north america, biggest opening weekend of

ibm watson is working to make medicine smarter every day. >>> welcome back to "fast money." i'm kate rogers. jetblue reporting its passenger revenue, traffic, and capacity all increased in the month of may. now, despite the increase the stock is in the red by about a quarter of a percent as the threat of oversupply lingers over the entire airline industry. the airline expects passenger revenue per available seat mile to increase by as much as 1 1/2% in the second quarter compared to a year earlier. melissa, back over to you. >> thank you, kate rogers. jetblue has long been a favorite on this desk. tim, where do you go in the airline space? >> i'm back to the big boys. united, american, aum these guys have been so beaten up on the whole creep on capacity, i think these guys are -- the valuations look very good. we got a rally today, not enough to stay there. >> alibaba getting a nice bounce as executive chairman jack ma sat down for an exclusive interview with cnbc's david faber who asked if ma was worried about alibaba's declining stock price. take a listen to jack ma's resp

ibm watson is working to make medicine smarter every day.ber. but not every insurance company understands the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. hey, can i help you? yeah, we're interested in the iphone. we promised one to beth for her birthday. you know mobile share value plans now include rollover data, so the data you don't use this month rolls over to the next month. wow, even better. so what are you gonna do with your old phone? i'm giving it to my sister emily. she gets all my old hand-me-downs. oh i'm into bedazzling too. and you admit that? yeah...i...i used to be into bedazzling. i'll go get your phone. get the iphone 6 with rollover data to share. only from at&t. >>> last ditch efforts to spare greece from default. talks with eurozone finance ministers breaking down. and now fears of fund outflows could prevent greek banks from opening on monday. what

because it's so challenging a research project is teaching ibm watson to see.n the future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. kids are expensive. so i'm always looking to get more for my money. that's why i switched from u-verse to xfinity. they have the most free on demand tv shows and movies on all my devices. it's perfect for me because my kids are costing me a fortune. i'm going to cabo! [ music plays ] don't settle for u-verse. xfinity is perfect for people who want more entertainment for their money. >>> welcome back. ford announcing new car sharing programs with u.s. and u.k. partners. the pilot program will let owners and vehicles rent their cars to prescreened clients. this test will launch in three california cities as well as in chicago, washington and portland. phil will join us with more later this morning. >> the biggest names in advertising gathering in france this week and kayla is there. >> good morning. all the heaviest hitters in the tech media and adve

ibm watson is working to make medicine smarter every day. >>> welcome back to "squawk box."es that are front and center at this hour the number of new mortgage applications jumping more than 8% in the latest week. this as interest rates rose to their highest level this year. people seem to be file for loans now worries that costs will move higher. >>> also mcdonald's naming robert gibbs as its new global chief communications officer. going to be manager of communications and government affairs and helping to improve the brand. >>> the fbi says almost 600 accounts were breached in the so-called celeb-gate nude photo hacked. the breach happened last summer. it led to purported photos of jennifer lawrence and kate upton showing up online. at the time they said it was a targeted attack on personal information used to manage storage accounts on that icloud system. >> if either of us show up it's photoshop. for you too? >> you've never had a naked picture? >> can you say if a nude picture of you it's photoshop. >> i can. >> you're hesitating. >> i don't know. i don't know. the abs