take a look at intel today. have a chip order from apple. this is a big win for intel. apple had used qualcomm in the past, but they are trying to diversify their supply sources. we are seeing government bond yields across the world just plummeting. -- 10 yeary tenure yield losing for basis points. that's four basis points. bond yields across the world plummeting again. bond at one point touched a new record low. it is currently down one basis point. japanese government bonds, we have seen them already in negative territory. they are just pushing further down, -0.14%. david: let's check on the first word news this afternoon. mark: hillary clinton a planned parenthood event in washington today. linking abortion rights and birth control to national economic growth. she said donald trump wants to "turn back the clock in advances in women's health care." she criticized one of his campaign slogans. >> when donald trump says let's make america great again, that is code for let's take america backward. opportunityme when and dignity were reserved for some, not all. mark: in ja

any little speck of dust will mess it up and cost intel money.ese great modern marvels that no one appreciates or thinks about. if you are happy about facebook it's the chips making those possible. there are microprocessors and everything we use now. how integrated are these into our world? they are everywhere? , youry are everywhere phones, your computers, a smart watch. people don'tt think about is that they are in data centers. when you user -- your phone to hail an uber most of the action is taking place in these giant server farms. there is a lot of rocket science going on at intel and some of these companies that create these data centers to make sure it happens as quickly and efficiently as possible. ip takes 60%n ch more energy to run than a large refrigerator. search, it a google can do thousands of those. they have to be as efficient as possible and that's why intel has been as successful as it is. is the world's largest chipmaker and it's selling 15 billion dollars per year worth of these chips and half of that is profit. it's about ex

still ahead in our double technology issue, inside the intel chip machine, creating a the intel chipe, creating a long-term stock exchange, and deconstructing steph curry's free throw. ♪ i am here with the editor of bloomberg businessweek, ellen pollock. there are more must reads in this issue. you know, next we are going to turn to an interesting story about the next debt crisis. i thought the story was bananas. to be honest, i had no idea that so many companies were on the brink of financial disaster because of their reckless borrowing. can you tell us about that? ellen: in our last financial crisis, consumer debt and mortgages were the problem that created the crisis. now people are worried there is a lot of corporate debt and that's because interest rates are low so companies get a lot of borrowing. now they are loaded with debt. there is sort of this worry. with all the uncertainty of the economy, the question is are there going to be more defaults? is it going to spark another crisis? sheelah: what does it mean when companies are borrowing money? it sounds like instead of using

ian, intel has been trying to get into the mobile space for years.talk about it every time they report earnings. this is a big step in that direction, isn't it? terms of revenue, probably not. we are looking at orders in the hundreds of millions. we have been trying to get into this business for arguably decades. this is a major endorsement from arguably the most important mobile phone maker on the planet. in hope would be if you are intel supporter that this would be the first of a fewbloomberg y learned that apple iphones will orders and a new beginning for them. alix: how did intel secure the contract? >> we don't know the details. what we do have is conjecture. if you are looking at it from apple's perspective, it's not great because you are giving a major chip maker $3.5 billion a year and you have no leverage in terms of price negotiation. you cannot threaten to go anywhere else. we are reporting is correct, apple has somewhere to go. scarlet: this sounds like it would be bad news for qualcomm. but qualcomm chips will still be in apple phones,

we heard breaking news on intel.ccording to bloomberg news' reporting and those familiar with the situation, apple will award intel with mobile chips going into its phone on the at&t network. not of that much in presented terms, but this is the first major mobile chip contract that intel has won. diversifying its suppliers. it will stick with qualcomm for its verizon phones. we have a chart of qualcomm shares as well. they took a leg lower after this headline was crossing your it we do not have those, but i can call it up on the bloomberg easy enough. qualcomm pulling back a little. it is still retaining the contract. it will be powering phones in china, and that is something important to note. fascinating. it is something that intel has been meeting and looking for for a while. checking in on first word news, taylor has more from our newsroom. taylor: muhammad ali's hometown is say goodbye. there will be a lengthy procession through louisville before the boxing champion's later rest. among the speakers, bill clinton

how much new business is this for intel question mark bad is -- for intel?nd how bad is it for qualcomm? alex: i think it is going to be a sizable order. there are numbers thrown around, but it is a big part of business for intel. at the moment, they are not really in this business in a sizable way. emily: what do you make of this change? >> i think it is exactly what r guests have spoken about and that is about diversifying the supply base. if you have an opportunity to do that and intel can meet the specs, you should do it. it will help pricing and keep suppliers honest. it makes a lot of sense. what i have heard is it sounds like it is more at&t, something like 20 million units. emily: ian, are the risks to -- are there risks to putting new chips and a phone when you have so much pressure to perform? ian: some of brian's counterparts elsewhere have said qualcomm is still miles ahead of intel in terms of performance of its parts, so by going with what is, in theory, not the best part you could have out there, apple is taking a risk. however, i mean, apple

vonnie: intel gives rare advice to the business league. i don't how the largest chip maker makes the chip found in millions of pcs. david: looking at shares of they are down just slightly and advanced micro devices up. ♪ david: this is bloomberg markets. another victory for the marijuana business, the senate committee approved a key measure that would increase banking access for marijuana businesses. vonnie: the bill allows washington, d.c. to establish regulated marijuana stores. it could be just a matter of time before it is legal. world navigates the consumer universe, examining what is going on with all the things people by, including erewhon a. thisis the significance of hill and is it really just a matter of time before marijuana is federally legal? guest: i think there are a lot of hurdles. there's a lot of states where it is not legal but it seems like it is going to be a federally legalized product. heading in that direction. more than half of people surveyed are pro-legalization, bigthat doesn't mean players can get involved beca

alyx: intel is making some news. shery ahn: that was a big win for intel.he stock is getting a boost. that is the highest since april. we hear from sources that the next iphone will be using modems from intel instead of others. qualcomm is taking a hit. 1.8% today.n alyx: mark crumpton has more from the newsroom. mark: we have some candid remarks about the republican nominee. mitch mcconnell tells bloomberg politics by donald trump needs to pick an experienced running mate did -- mate. >> he doesn't know a lot about the issues. you can see that in the debates. i have argued with him that he ought to use a script more often. there's nothing wrong with having prepared text. it indicates a level of seriousness. mark: his attacks on ethnic groups and other republicans needs to end. elizabeth warren and hillary clinton met privately today. secretary clinton is in and. senator warren is in town for a friday session in the senate. possible vice donaldntial pick you trump has a tweet. the head of germany's track and field federation once the ioc to bar russian and

there are numbers thrown around, but it is a big part of business for intel.t the moment, they are not really in this business in a sizable way. emily: what do you make of this change? >> it is about diversifying the supply base. if you have an opportunity to do that and intel can meet the specs, you should do it. it will help pricing and keep suppliers honest. it makes a lot of sense could what i have heard is it sounds like it is more at&t, something like 20 million units. are the risks to putting new chips and a phone when you have so much pressure to perform? ian: counterparts elsewhere have said qualcomm is still miles ahead of intel in terms of performance of its parts, so by ,oing with what is, in theory not the best part you could have out there, apple is taking a risk. but apple will not put a part out there that has not been tested. network operators, as well. they have to go through the convoluted qualification process. it is hard to imagine that we will see a phone that is not any good any time soon. emily: what are we expecting? wwdc is really pre

. >> and meanwhile, interesting news for apple and intel and over to dom chu and get to a flash. >> thes didn't move on the heels of the bloomberg headlines saying that apple or rather intel was possibly getting set to get a chip order from apple which would be its first major win in terms of the mobile chip sets. qualcomm is remember apple's current chip suppliers and qualcomm's shares did take a dip on the news as well, but they have recovered some of the losses, but an interesting development here, because of course, carl, we have been talking about the intel profile of trying to get into the smartphones and the tablets, and they have not had a lot of success, but if the story does appear to be true, and if it does work out to be true, it could be a huge win, and that is why it is moving. the story does go on the say, carl, it is for at&t iphone units and so something to consider there as well, guys. back to you are. thank you, dom. in advance of the monday's developers conference where john is going to be, and i believe you nknow intel wetter than anyone, and what do you believe at

huston, what were co-intel and chaos? >> as i understand it, the co-intel program was essentially designed to sow discord. i don't know what the correct technical term was, but it was an offensive program against designated targets by the fbi in terms of -- >> give us an example. >> well, for example, that professor jones is a member of the socialist workers party, and he is running for the school board. and so friendly neighborhood fbi agent sends a letter to the newspaper saying you may not know this, but this bird that is running for the school board is a member of the socialist workers party. >> the co-intel program you did not know about the time of the filing of the huston report. >> no. >> and you later learned of it? >> yes. >> how did you later learn of it? >> well, when the justice department released. >> do you know whether or not the president of the united states knew of the co-intel program? >> i don't believe. so all the information that has been made public indicates no one outside the bureau was to know a

apple has put in an order with intel for chips, the first major mobile win for intel.they will power iphones on the at&t network. apple is diversifying its supplier base by choosing intel away from qualcomm. qualcomm shares are down, though the entire market is down. that might be a reaction to this, or just general movement. mark: it is down here as well. -- russia's bank stopped short of signaling a new easing cycle. and the opening game of the euro 2016 tournament. france preparing for 2.5 million spectators. could workers strikes impact this big event? we will take you to paris with the latest. european stocks falling for 30 consecutive day. section.at our mov only 12 stocks are rising. 587 are falling. the biggest decline since february 11. the close is next. ♪ vonnie: it is 11:00 a.m. in london, 4:00 in london, and 11:00 in hong kong. i am vonnie quinn. mark: i am mark barton. you are watching "the european close" on bloomberg markets. ♪ mark: we will take you from new paris.o london, to this is what we are watching. pushing to record low yields on global growth

the co-intel pro operation was. i think we all agree that this was to be effective, they felt it should be secret. but back in our -- this is printed appropriation testimony which went to the member ones of the committee, it was mailed out to newspapers, friends, anyone that was interested in it, back in 1970. talking about our internal security operations, the new left movement, young socialist alliance, chicago trial, nationwide demonstrations, student agitation, anti-war activities, vince aramus brigade, committee of return volunteers, communist party usa, progressive labor party, socialist workers party, extremist organizations, black panther party, all of these items and statements about extremist, white extremist and hate type groups. republic of new africa. minutemen. the several groups, you're coverage of subversive movements. organizations and movements which i've discussed show the wide coverage we must maintain to follow on their activities and changing tactics in spite of the proliferation of these organ

. >> plus, a big win for apple and intel. the project that's bringing the two sillicon valley companies together. >> sunny and cool the story today but we have a warmup on the way. details coming up. ,,,,,,,,,,,,,,,, today. boxing legend muhammad ali be laid to rest..followed ba .. that dignit >>> the people of louisville saying good-bye to boxing legend muhammad ali. there will be a memorial service and burial. don champion has the latest. >> reporter: a hearse carrying the body of muhammad ali traveled the streets of louisville one last time. [ applause and cheers ] >> reporter: fans chanted his name this morning and tossed flowers as the procession drove on the boulevard named after him. the line of limousines stopped briefly near the muhammad ali center and later past his childhood home. >> the diversity of the people who have come together is just a tremendous testament to what he meant to the world. >> reporter: one person handed out balloons with quotes. >> it means that muhammad ali's dream has not died. >> reporter:

in just moments, we'll be joined by lieutenant sol tony schaeffer on what he's hearing from his intel sources on the threat of isis terrorists infiltrating the refugee pipeline and congressman duncan hunter on a potential smuggling ring already on the southern border. first, trace gallagher is live in the west coast newsroom with the latest details. >> trish, the president is still pushing to accept 10,000 syrian refugees by the end of the summer. but it looks like that goal will fall short. and now the administration is being criticized by democrats, world leaders and human rights groups. the senior director of the international migration center said the u.s. talks a good game but doesn't follow through. president obama blames anti-immigration sentiment and republicans like donald trump for stoking fears about terrorism. and fails to mention the fact that 47 house democrats joined

intel up a dime to 32.04. apple down nearly 1% at 98.83. qualcomm off 2% at 53.83. >>> federal trade commission gray green light the merger between walgreens and its rival pharmacy rite aid. "new york post" says any approval by ftc would come with conditions. walgreens up better than 4% at 82.47. rite aid gaining 3.5% to 7.83. >>> monsanto reportedly rejecting a second takeover cover from behr, the $62 billion offer for the agricultural company the same amount it offered in may. "wall street journal" says behr has requested business information from monsanto and money san toy says no, not until there's a higher bid. shares of monsanto off a fraction, 109.20. >>> at&t has reportedly outbid rival verizon in the second round of offers for the tech giant yahoo!. reuters says yahoo! is expected to make public its short list of potential suitors in upcoming days. yahoo! down more than 1% to 36.83. verizon gained 1% to 52.67. at&t up a fraction to 40.33. >>> wendy's says he's found a second case of malware at payment terminals. the chain says the

wonder what intel they had.ie, maybe you can weigh in does have anything to do with recent talks between turks and israelis? is this some sort of hamas-hezbollah push back. >> isis, hezbollah and hamas don't get along. yes, turks with russians. this could have been chechens potentially involved in this. had a, when the chechens obviously some strain of chechens hate russians. israeli component is interesting one. great observation. harris: we'll continue our discussion on the other side of the break. you mentioned wake up america in your conversation and it is one of the things we are going to talk about today. you have a new book out, one lucky guy, eric bolling, has the new book. his take on virtues that make america great and why they are under attack. we'll be right back. ♪ crowd sounds ] oooh! [ brakes screech ] when your pain reliever stops working, your whole day stops. excuse me, try this. but just one aleve can last 12 hours. tylenol and advil can quit after 6. [ cheering ] so live your whole day, not p

the intel one is new.tingly, one of the a computerwho is vision genius, he has another startup called allcam. tell people who are vision impaired what is in front of them. cofounders of the leveraging that relationship there. this seems to have been quite a bit of skepticism on the mobileye story. is this a way of convincing them, will they be able to convince the detractors of whom there are several? take a look have to at the share price. it rocketed on its debut but it has since become a favorite among short-sellers, particularly citron research. mobileye as they short of the year. he is not doing too well this year on that at because when he made that call the shares were ever so slightly higher than where they are now. to convincenot able andrew leff. this year it is 127 which is the same as amazon. is ahe noted that there lot of insider selling going on. potential in research and develop it. obileye has been a bit of a trailblazer. intel is tying up the world's biggest chip maker. gotkine reporting f

on ofcapital, the venture intel, is an investor in all cam.f the mobileye's cofounders leveraging that relationship. elliott gotkine, bloomberg news, tel aviv. cory: turning back to a story we are monitoring, apple said to be in exploratory talks to acquire tidal, the music streaming service, according to an unnamed "the wall street journal" source. for more, let's turn to our bloomberg news reporter. tidal, which i had this week so i could see the kanye west video -- reporter: it is those sort of a good names which were -- cory: rihanna has exclusive stuff with him. i want that stuff on i have to wait otherwise. tidal based at 4.6 million users, less than 1/3 of what apple has. it's way less than what spotify has got. tidal has these relationships with high-profile artists. apple missed out on getting the kanye album exclusively. you look at beyonce and lemonade and all those other massive names, that is what apple would be buying. -- they hadtried the exclusive to the new drake album, which is terrific. reporter: i will trust your taste. may

you will see intel be the key to this market. >> give me a little technology name. >> intel taking a share from qualcomm, downgraded by bernstein today. intel, brian cra zannic making his move out of the pcs to the car. >> there i it is the opening bell for the final trading day of the first half. [ inaudible ]. >> we got time to talk. big board, institute of internal auditors celebrating the 75th anners havepyp got to be a fun bunch. nasdaq, harbor one bancorp, celebrating its initial public offering. the real-time exchange at hq getting composed as i like to say. more green than red on the board right now. coming off of two strong days that saw claw back losses that had taken place on friday and monday. this after the vote by the uk to withdraw from the eu. of course it's not like that has happened yet. right now they're having a political crisis over there in the uk. >> incredible order. >> makes us look like we have it moving smoothly. >> it's been since the [ inaudible ] parliament i've seen this activity. this note from intel is important. >> raising estimates and price market.

we're just kind of out here showing force, maybe get intel of why, what's going on, why so many weapons. >> while we were talking with some northern hispanic inmates over here, i noticed the one in the middle was fidgeting his tongue around, moving his lips. i asked him to open his mouth. i could see cellophane under his tongue. i asked him to spit it out, and he bent over and spit out a tiny little bindle wrapped in cellophane, and in that, a couple of kites. >> sometimes you get the kites in cellophane, or they will put them in their anal cavity, and that's how they'll transport them from prison to prison or yard to yard. you have to take it to the office and find out what they're talking about. it could be about incidents that happened on the yard. right? it could be a yard report. it just depends. northern hispanics are very, very structured and they have positions and the whole biz. so -- it's good information, whatever it is. because if it wasn't, why would he have it under his tongue? >> with the weapons still hidden somewhere on the yard, these kites may be the officers' key to

why is that market going to be good for you while intel is backing away?> when you think about it, the pc market is 1.4 billion users and we have 275 million units sold every year. we believe we can gain the profitable market share because of the strength of the product, and putting an incredible focus on the graphics technology, and the upcoming product launch over the next couple of weeks and we are excited about that. >> and virtual reality, and we have been heard about the companies sowing the seeds, and what are you seeing there? >> well, virtual reality is one of the applications that changes the way that you deal with the immersive applications and devices, and not just in gaming, but across a number of segments. amend is going to provide the graphics processor for that and we can change the game. we believe that as we get the performance levels to the right place, we can get the next 1,100 million vr users and that is our goal. >> and do you see it being as ubiquitous as the pc? how are you thinking of vr in totality down the road? >> i think that

more recently, we have seen reports say intel is looking for a buyer. ovide joining us from new york. news floating around fireeye is fielding takeover offers. how is that impacted by brexit? >> good question. you saw martin sorrell talk about how uncertainty is the enemy of decision-making. there has been a little bit of buyers and potential sellers in technology coming to agreement. fires have money and have a willingness to grow and by young companies to grow. the sellers are seeing their share prices rebound a little bit from earlier lows this year. now it is all in tumult with the brexit referendum. emily: there have been mixed feelings about the sector. some bullish on it. somebody said there are too many companies. i recently spoke with a c.e.o. who is never shy about talking about the lack of competition. take a listen to what he had to say. >> i think there are a lot of companies that don't deserve to exist. i think they are going to shake out. in aggregate, there are going to be some companies, and we hope to be one of them, that will break ou

intel has been delivering embedded commuting for things for over 35 years. investment, innovation and standard leadership we have driven during that time provide the fundamental elements of that identity strategy. intel defines iot as devices which are securely connected through the network to the datacenter cloud. and it is the data from these things that can be shared and analyzed to solve problems. in fact, we believe security is the foundation of the internet of things. our hardware and software designed from the billet -- was designed from the beginning to be secure. we built security and additionally we build security into the layers of software into these things as well as the way that data is moved from things into the cloud. so we fully realize that safety and security are essential for the promise of the internet of things to be fulfilled. transportation is one of the most promising sectors in iot. in fact, it is projected that global revenue for the transportation sector will reach $325 billion just by 2018. like converting vast amounts of data in

or do we have enough intel and now we're going to make an en y entry. >> i have a question. the fbi spokesman was adamant. he said they're going to bring every resource to bear. he says he doesn't believe there's a further threat in orlando or across the country. how can he be certain? >> i guess he has a comfort level this is a lone wolf, potentially. and he acted alone and maybe they have uncommon for lone wolfs to make statements. on the internet, may write a message. that may be driven by the age we have. if he's older, maybe less internet. younger, perhaps more. they now have enough intel to have a comfort level this is a lone person, i'm going to assume a male. a lone male committed the act. maybe they have an idea of why he committed the act. but does not have tentacles beyond himself. that was what we talked about in san bernardino. were they connected to anybody else? it seems like they've eliminated that at this point. >> is it a copy cat attack? isn't that a possibility? >> always a big concern. people use shootings to justify their own shooting. or potential shoo

collaboration by intel. orchestration by cdw. . >>> what the heck is going on in the jewelry business? the last 18 months, the two largest players have seen their stocks just crater. tiffany's is down 19% year to date. while cignus lost 30% over the same period. including nearly 7% drop on june 2 after some company specific bad news. and this is on top of the fact both had terrible years in 2015. the tiffany stock falling 29%. signet is off 6%. so why has the jewelry industrier suddenly gone off the rails? we looked over these two stocks. and it seemed like, the apparently company offer others setting itself apart. but then a month later, the number fell and it has been all downhill ever since. sell, sell, sell. meanwhile, tiffany has been in the dog house for ages. all last year the company cut its guidance repeatedly blaming the strong dollar. now dollar's basement flat year over year. still thrashing around like a trapped animal. what's going on? remember we about the giant diamond mine was cutting? er th

that is today's intel for you.ks the 72nd anniversary of the d-day landing on the beaches in normandy. allowing our troops to gain a foothold in europe to fight not the germany. all of her north is here on why these brave heroes were truly the greatest generation. stay with me. back in two. ♪ there are two billion people who don't have access to basic banking, but that is changing. at temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. everywhere where there's a phone, you have a bank. now a person is able to start a business, and employ somebody for the first time. the microsoft cloud helped us to bring banking to ten million people in just two years. it's transforming our world. >> today marks the 72nd anniversary of d-day landing on the beaches of normandy france. a turning point in the war. allied troops to gain a foothold in europe to defeat not the germany. greg joins me with more of. >> it is getting harder and harder for the

i will be right back with more intel after this. .... >> talking about some bad optics.he democratic nominee. meeting with attorney general loretta lynch at the phoenix airport. privately for 30 minutes. running the justice department. the fbi. investigating hillary clinton over her e-mail server. soon deciding whether to prosecute her. the meeting was unplanned. nothing unseemly happened. we talked about family. that kind of thing. >> as i was landing, he was heading out. he did come over and say hello. talk about his brand children and travels and things like that. no discretions discussions were held of any cases or anything like that. trish: the reality is, it just does not look good. joining me right now is democratic strategist. good to see you guys. starting with you. does not look good. something that sort of follows the clintons around. does not look very good. >> when something smells beyond ranjit, come on, man, you have to be kidding me. just to talk about the monday purposes of grandkids in golf unless there is something more. this does not pass the smell te

collaboration by intel. by cdw. >>> got interesting signals in the market this morning, mike. the vix, not necessarily doing what it normally does. >> falling more than you might expect. down yesterday when the stock market was down. unusual. now down below 20. people think maybe it means options market is saying we're in for a little more stability. definitely not at all clear. got to go down much more than this. >> balance. okay. >> and meanwhile risky stocks on the rebound this morning. amd up nearly 10%. pandora and yelp also up better than four, but a good time to turn this over now to the "half." that's it for "squawk alley." noontime on the east coast meaning it's the "halftime report" here at post nine. take it away, simon. >>> and here we go. welcome to the "halftime report." i'm simon hobb in for scott wapner. clearly, a market comeback. a panel of experts for the hour, joe tear nova, stephanie link, jon and pete najarian. after that massive sell-off that saw $3 trillion in market cap lost around t

collaboration by intel.rchestration by cdw. >>> at least 41 people dead, 239 wounded after three suicide bombers attacked turkey's largest airport last night. president obama saying this morning that the u.s. stands with turkey in the ongoing fight against isis. joining now to discuss is former u.s. ambassador to turkey jim jeffrey. jim, turkey is a member nato, an ally of west for that reason. with no group claims responsibility, how does the global community respond? >> well, first of all, we're almost sthaecertain that this w attack by isis. isis has done four previous attacks in turkey over the past year including over 100 killed in ankara, turkey, and everything about this attack, the suicide bombers, the careful planning, the effort to breach security, this max of isis, i'm sure it was isis. they've had a tradition of not claiming credit for the attacks they've launched in turkey. the turkish government believes it's isis and i think that it's really indisputable at this point. >> istanbul has become k

patricia smith, mother of intel officer sean smith. he was killed in the benghazi attack. patricia, thank you so much for the time and speaking to us on what i assume is still a very painful subject. what is your reaction to hillary clinton's comments? >> very simple. hillary is a liar. deirdre: she is a liar in the sense that it is not time to move on? >> it is, it is desk not time to move on. it has not been dealt with. all they said, all they reported i imagine, i haven't seen the report yet but, all the reporting is what hillary told them. and i say she lied to them. deirdre: it is true from the house committee's report that forces were never sent to benghazi. there have been very mixed messages from hillary clinton on that fact. >> that's probably true. there was nebraska sent to help them. there was nobody taking care of their back. now she put these people in harm's way and did not, did not allow any security for them. this i know. i wonder why? why, why was my son there? he called me by the way. he called me and told me that there was going to be a big problem ther

collaboration by intel. orchestration by cdw. >>> welcome back to "worldwide exchange."om london this morning. to our "must read" stories catching our attention. we actually have real paper it's today because our show's at 10:00 a.m. in london. the "daily telegraph," british warplanes and superb forces and other military personnel will continue to support the u.s. coalition led effort to degrade and destroy isil and syria and iraq. need lls to say the eu has been totally to the success of the coalition effort, which will continue irrespective of whether or not britain maintains its membership." i picked it not just for the british audience but the global audience with the less interest in security in nato in fighting isis and terrorists. >> i have to say william hague made a great argument why it's against the global security interest that the uk stays in. >> and so has obama. >> as on cnbc yesterday. my "must read" is from "the new york times." i don't have a copy of it. it's titled "brexit vote david cameron faces problem for his own making." the writer saying besieged

doug davis who is the senior vice president and general manager of intel corporation. welcome. >> good morning chairwoman fischer, ranking member booker. i appreciate the opportunity to be able to testify this morning. as head of intel's iot group, i'm responsible for the iot strategy and under lying technologies, in all of that includes transportation and automotive. intel has been differing integrated commuting for things for over 35 years the investment, innovations provide the foundational elements of that iot strategy. intel defines iot as devices securely connected through the network through the data center or cloud and it is the data from these things that can be shared and analyzed today solve problems. we believe that security is the foundation of the internet of things. our hardware and software were designed to be secure. to be se. we build security in the way we design our chip. we build security in the layers of software of things as well as those things moving into the clouds. we realize that safety and security are essential. transportation is one of th

so intel is telling us one thing, the white house is telling us completely different. if the white house would admit that intel is right and they've been wrong, we might all be on the same page and make some decisions on strategy that can kill them. but this bifurcation, it's terrible for -- america's watching going, well, are they on the run? are we beating -- it feels like president obama is telling us they are but everyone that? the know, information, says the opposite. >> well, it's just shameful, total gross incompetence. honestly, might as well be playing for the other team because when you have those intelligence reports, you're privy to all of it. you know the truth yet you go out and lie repeatedly to the american people. no one should feel more safe under these circumstances given the cold, stark reality that isis is not on the run. when you see them do a high-profile attack like this, in fact, right in the face of turkey ander erdogan who soft peddled this. the u.s. asked him to close the borders off to isis. isis able to trade and sell oil back and forth wh

we profiled them and also intel, newfound competition.hese head winds were so brutal that amd's revenues fell from -- these numbers are staggering -- $6.5 billion in 2011 down to $4 billion in 2015 while its gross margin -- what they make after the cost of goods sold -- were cut in half over the same period. earnings were annihilated but investors worried the company might be in serious risk of going bankrupt when the major debts start coming due in 2019. however, over the last few months the stock has rebounded with a vengeance and now kay mitch says the charts are compelling. so look at amd's daily chart. kamich points out after bouncing along the bottom for month, months, month, months, the stock took off like a rocket in april. this move was heralded by the on-balance volume. that's an indicator that measures buying and selling pressure which turned positive in february and continued to climb suggesting big institutional money matches were buying amd and while the stock is up more than 140% from that february low, kamich notes amd's m

collaboration by intel. orchestration by cdw. >>> welcome back to "fast money." race to the breks ilt is on with just eight days until the big vote. what are some u.s. stocks that could run into trouble if they do leave the european union. hey, dom. >> we're just over a week away, melissa, and that's when all that brexit talk comes to a head. in anticipation of the big day, we wanted to take a look at some of the u.s. companies that have the most exposure to business around europe, and specifically the united kingdom. according to data from fact set, it turns out there are just a handful of companies in the s&p 500 that have at least 10% of total revenues from both europe and specifically the united kingdom. just around 29 of them. among the notable names on the list, how about a reit to king things off. we're talking computer data company, properties all over the world. 37% of revenues come from europe. 17% of revenues from the uk specifically. ebay gets around 38% of sales from europe, 16% from the uk. insurance anyone, anyone? xl group gets 44% from europe, ha

. >>> and the race for the white house intel.k ceo speaks out about political bias. "squawk box" begins right now. ♪ >> announcer: live from the beating heart of business, new york city, this is "squawk bo.". >>> welcome back. "squawk box" here on cnbc. first in business worldwide. i'm joe kernen with becky quick and steve leaseman who is sitting in for andrew. today our guest host is jack welch. our counting down to the adp employment report. he already knows it. a forecaster said they likely added 170,000 private sector jobs, steve. >> yes, joe. >> people are saying 170,000. is that a decent number? >> you know what i found in 40 years of reporting? people say a lot of things. people say an awful lot of things. >> is it greater than, is it less than? >> you know what i'm also thinking this morning, joe? how much i like that tie/shirt combination of yours. it's a really nice tie/shirt combination. >> changing the subject. the futures right now have been around the flat line. last i looked, they were all red, though. that could c

narcotics needs help getting intel on a meth house in the southwest. said i could spare two of you. sure. we'll get it. van pelt and cho. what's the job? (liquid drips) it's hard to believe there's intel in these. there better be. it's dripping on my feet. hightower knows about rigsby and me. noticed that.

asked intel ceo about his plan to host the republican candidate as he visits san jose today.that's when he withdrew the invitation and said he is not supporting any presidential candidate. one, the two really don't have a lot in common. it is curious there was ever a connection between them. looking at their public statements, they have very different opinions on women and immigration. secondly, it's an indication how devisive trump is that the mere mention, a simple question in the "new york times" could have one of the ceos of one of the biggest companies going from hosting a candidate to announcing he doesn't support any candidate at all. >>> a strange update in the fading fortunes of elizabeth holmes. the one-time wonderken was worth billions and is now worth nothing. "forbes" admits it doesn't have access to her financial information but holmes opens half the blood testing company theranos which was worth billions but now by "forbes" estimate is only worth hundreds of millions. because investors will get first crack at any assets before she does, that leaves holmes with

used to run intel in its glory years, he used to say why are we funding?hy are we giving incentives to yesterday's economies, we need them for tomorrow's economy in the united states. >> one of the benefits of trade is we have a system of economic interdependence where when great powers trade with each other they don't go to war and that is one of the biggest benefits we have had, accomplishments in the past 70 years. we haven't had a war between major powers because it is not in their economic interest to do so so trump needs to hit that note, talk about opening markets and the free enterprise system. liz: hillary has a slightly. how to she keep it and grow it? >> she has a lead because she has a defendable candidate who has been consistent and the goal for her campaign is to keep reminding people of the fact that donald trump is completely erratic and unqualified. he is doing a very good job than any democrat possibly could do. and like the bruce willis character in the sixth sense, i believe his kennedy the fee is dead but he doesn't know it right now.

. >>> kind of a pivot on the trail ahead of intel was supposed to host mr.trump but is not going to. >> good morning. because of a newspaper article apparently. "the new york times" did a piece on who supports trump in silicon valley and asked intel ceo to host the republican candidate. that's when he withdrew the invitation and says he's not supporting any presidential candidate at all. the two men don't have a lot in common. it is curious there was ever a connection. they have very different opinions on women and immigration. secondly, there is an indication how toxic trump is here in the bay area that the mere mention, the simple question in "the new york times" could have the ceo of one of the valley's biggest companies back pedalling so quickly. >> kingdom of saudi arabia is the latest investor in uber to the tune of $3.5 billion. that is a lot of money and comes late in the investment cycle for a start-up company. the big money should have gone in. how big is this investment? the sovereign fund just put more money in uber than google raised in its ipo.

the intelligence report will be right back with intel. perhaps they don't know her record on trade.. we will share right after this. ♪ it's more than a network and the cloud. it's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next. trish: breaking right now. hillary clinton has just won the doors meant -- perhaps they miss this. watch. >> far-reaching trade agreement called the transpacific ownership will put in place strong protections for workers, intellectual properties and innovation all key american values. pursuing a regional agreement with the nations of the transpacific ownership. we know that will create new jobs and opportunities here at home. agree on the importance of pursuing. joining the transpacific