then as pc sales began to slip, intel had to lay off thousands rsr the but today intel says it's determinedbe ready for whatever comes next. the company is investing in self-driving cars, artificial intelligence, and other futuristic tech. like drones. that's aneel's division. his team specializes in making elaborate automated flying light shows like this one at the winter olympics in south korea. >> what we're seeing is hundreds or thousands of this actual drone, right? >> this is the exact drone that flew at the olympics in pyeongchang. thers g else. it only has a light. >> reporter: a week ago in honor of intel's big birthday, his team set a guinness world record. over 2,000 drones flying simultaneously, forming these images in the night sky. and every single one of them contains a tiny rectangle of etched silicon like the ones designed by bob noyce and gordon >>> finally this half hour, if you could, would you fly like a superhero? say superman or iron man. well an inventor in london has come up with an iron man-style suit. it will get you off the ground, but it doesn't come cheap. char

we are still talking 80% of intel's senior executives are .ale overall, intel's workforce, 26%, 27% femaleere near the kind of parity or representation of the general population that intel is aiming for. is reportingl earnings after the bell today, and shares are up about 14% so far year to date. what are you expecting in terms of earnings today? brad: what analysts and investors are looking for here is more of the same, which is -- its former business has been on a tear. amazon, they have been buying huge amounts of really, really high margins for intel for several years, and that pace has only been increasing, and that has really been driving intel's profit. anypause or blip in that, given that growth and people will start to be concerned. scarlet: ian king, thank you so much. intel is reporting after the close, so we will give you all the analysis when it happens. the bank of england is also trying to boost diversity. in a financial times opinion a piece about the argue of diversity versus merit is a false choice for recruiters. you should imagine staff as assets in a portfolio. this is

the light show told the story of intel's past, present and future. we spoke to employees who were excited to see it for the first time. >> i'm going to feel like a kid in a candy store, to be honest. i love technology. and to see it fly over my head, it will be breathtaking. >> it's like nothing you have ever seen before. >> i get to see it all the time. but now i get to bring my parents and my daug have put thison at contact to this contact. >> just like that.

whatey're looking beyond intel said today.u pointed out, the numeral -- the numbers were fantastic, better than expected. the forecast was above expectations. what they're really focused on is intel's future, which is tied in with how good it is that manufacturing, again, intel talk about delays and how it's next year -- next you round of manufacturing will be delayed until well into next year. ramy: these are the first results were seeing after the ceo left. to what degree do you think there might be a leadership vacuum issue at the helm of the company? whenwhat happened was brian was basically tossed out of the company, that kind of lifted the lid on underlying concerns that investors and analysts had about intel, the potential for competition to come into the market. they said in the absence of the leader and the leadership vacuum, perhaps that makes intel more vulnerable. today they didn't really do anything to dispel that. ramy: it seems a slowdown is still ahead there. is there any silver lining to that? ian: absolutely,

josh lipton on intel for us. where do you go from intel lipton, is that a good-looking man or what? >> i think he's blushing >> oh, there he is >> here's the thing. we were just talking about -- we were just talking about growth versus value and i think intel's a great example and every single person on this desk, maybe even you, last year when the stock was in the mid-30s and the growth yield and now there's so much uncertainy aty. >> concern about the chip environment or both? >> both. it trades cheap for a reason now and on a technical base 'tis broke the uptrend from september below 50 to me i think it will have money for a while. >> so yesterday the chinese regulators did not approve the qualcomm p.i. deal and not that intel was on the market to do anything and that underscores the notion that for chip companies right now it is the business that they have. survive on their own. >> that there is no combination at least while the trade war is going on >> it's interesting. i agree with everything that dan said intel is not ridiculously expensive and the uncertainty on the ceo leve

intel corp is turning 50, but the anniversary comes during a complicated time during the jsemiconductoron explains for us tonight. ♪ ♪ >> intel is a powerhouse in the markets for pc and server t chi an company expects to set a new revenue record in 2018. though the stock has lagged in recent months. >> in part, analysts say intel vestors are now struggling with a big question, namely who is goi to lead this company. intel announced theesignation eceo brian krzanich, violated his relationship with a coworkering his tenure t rough end. rbc says there are a number of candidates. internally, there are two to watch who h alreae major roles at the company. >> mercy, andro president and chief engineering officer, he came too intel qualcomm just a few years ago and the general manager of the company's critical data center group. sanjay ja hsh, is a possible contender and ceo of global foundries and there are a number of intel execs who understand culture.ny and its like stacy smith, the company's former president of manufacturing. renee james, now ceo of empire, diane bant, former coo at google

i want to bring up the ceo issue with intel. about brian as ceoh stepping down because of a relationship with a colleague. who could come in? there has been talk about potentially a female ceo and we candidates with enormous success. anand: intel is a different area. lisa su has done a fantastic job at amd. renee and diane have significant experience in intel and experience running large chipmaker operations. it is a different ballgame than running amd. number 2, 1 a missing from the -- one namey smith missing from the list is stacy smith. she has had tremendous experience in both renee, diane, and all stacy left following brian krzanich's a sentence to ceo.- ascension to as fantastic as lisa is, i would put her in a different bucket. anand, thank you so much. leigh drogen of estimize will be sticking with us. bob swan is the cfo and ceo and ears two hats. that interview will be tomorrow. potentialcs became a economic detonator. we discussed this idea next. joe: and, get involved in the conversation. is on twitter, my handle her

intel decided that brian had an affair that violated company policy.e you doing to make sure that does not happen again elsewhere in the organization? bob: intel has a strong history of values and culture being extremely important. that it applies to everybody in the organization. we constantly reinforce that on an ongoing basis. the values of the company are extremely high. our employees rally around and adhere to the policies we have. no exceptions in our company about who has to follow policy. of the companyh and always has been and confident it will always will be. emily: semi conductor amit -- industry vociferous in speaking out against these donald trump tariffs, what is your position on the move a are making in the america first realm boeing company say it is hurting them -- but when companies say it is hurting them? bob: semi conductor industry in the u.s. for a long time has been a net exporter. the products we design and build in this country and export around the world is a significant source of revenue, profits, employment for u.s. based se

you came to it slightly late number one, number two, why do you own intel when intel seems to be making lower lows and mund mentals have reversed. >> because of long-term investments. and i'm not late if i am, i've got to stop. number two, you're cherry picking the 93%. i'm telling you that this is is a breakout that's ten years in the making so from that perspective, it's a new 11-year high, so you can make the argument it's late if you focus on what the ultimate low is or you can say, okay, this is a breakout on the long-term chart and it's a new trade. it's up to you if you want to play gotcha with you. >> josh, you said you were lightligh slight sli late. >> the stock has disappointed everybody. >> if you bought the s&p 500 in may of 2013, you have mile-an-hour double on your hands. it's up 200% off the lows from 2009 you could b have said that's late you're the one who said you were slightly late. >> scott, love you see you on wednesday >> good way to go when you can't defend yourself, say good-bye. >> oh my gosh. >> how about that intel. >> we'll be back after this. well, it's ear

he is destroying the morale of the intel community. we screwed up a lot on the way, for decades, we have gotten things wrong. cataclysmic intel failures, but a lot of successes, too. that is just the way it is. >> sure, mistakes are going to be made, you are going to have people who are better at their jobs than others in the intel community, just as you do in any profession. at the end of the day, most intel professionals, they move forward, they know their job, they do it right, whatever happened in the world politics, they put that behind them because they've seen it before. >> laura: the heads of the intel agencies, the things that people like brennan are saying, traitor, treasonous. when a former cia chief is going to that level of rhetoric about the current president of the united states, no wonder president trump thinks when he was running for president, this guy was working to try to prevent him from being president. we are going to treason? honestly, my old friend, george will, had a very unfortunate column today. it was calle

intel is not growing as fast.be it is not fair to put that on their shoulders given the size they are, but that is where investors are looking now. they want to find the next big thing, see it in these companies, and they don't necessarily see it in intel. intel will move along and dominate certain sectors, but going forward, if you want to see a pop in the stock higher than what it is, it is up 13% this year, but that is lacking compared to its competitors. emily: we had to talk about facebook, the huge plunge right after earnings in aftermarket hours continuing today. what you make of this fact that they could not recover? this is the single biggest drop for company ever. romaine: it was quite remarkable. it was a momentous day for all the wrong reasons. we were talking about why people did not expected this. to have 18%, 19% drop in a stock of this stature, to take people off guard like that raises questions, did zuckerberg and sandberg guide long enough to let them know this is coming or was analysts that drop

where does intel fit? romaine: it is interesting.here is a little bit of an busy as him for the chip sector as a whole. think about today when you had the nasdaq down 1%, the philadelphia send -- semiconductor up 1.8%. of the stocks in the index, you only had seven or eight stocks down and intel was one of the companies. that tells you about how people view the chip sector now. people are looking for growth and see it in a the and to a certain stack -- a certain nvidia.n intel is not growing as fast. maybe it is not fair to put that on their shoulders given the size they are, but that is where investors are looking now. they want to find the next big thing, see it in these companies, and they don't necessarily see it in intel. intel will move along and dominate certain sectors, but going forward, if you want to see a pop in the stock higher it is up 13%is, this year, but that is lacking compared to its competitors. emily: we had to talk about facebook, the huge plunge right after earnings in aftermarket hours continuing today. what y

they will open it again in 2043. >> let's talk about the history of intel. first product released, right? >> correct. it was 1969, and it is a 64-bit memory chip. >> intel is a pioneer, creating the first microprocessor chip in 1971. it has helped to lead the way to our modern personal computers. liz jones is intel's museum and archives manager, and gave us a special tour. >> so, this looks like a very old computer. >> that is a very old computer, it is from 1978, it was the first ibm personal computer and it featured an intel 886 microprocessor. >> children often ask why is it so big? what are these things on the front? they have never seen a floppy drive. they have never used a floppy drive. >> what do kids say when you tell them that this was an old video game? >> they say you can't take it with you like you can take games on your phone. they are shocked by the size of it and that there were actually game cartridges. >> from products in the past to present today, this is the augmented reality photo booth. i can choose wrinkled here as our virtual prop bra

not his intel, the ones before him.ve been out to destroy him since day one, since they left, since before he got elected, and after he got elected. watch what we mean. >> he is aiding and abetting our arch adversary, and has failed, in my mind, to live up to his constitutional obligations and responsibilities. >> what mr. trump did yesterday was to to betray the men and women of the fbi, cia, and others, and betray the american public. that's why i use the term that this is nothing short of treasonous. it is a betrayal of the nation. he is giving aid and comfort to the enemy. >> when will we see a shadow government come out and say, we cannot side with the government. that's the biggest question. >> this president basically coddled mr. putin. it was clear that he was intimidated by that situation. whether the russians have something on this president or not, no one really knows. but the way he behaves, there is a clear signal that the russians have something on him. >> that is where families were separated. look, i kno

it's different how nothing can take them down nothing except earnings, intel, mr. old value tech losing 9% then netflix we think we miss you mostly most of all. facebook you had us at hello pf and of course twitter it look took so long to get the groove back backup about you but now in a one day bear market with death comes potential revival do any of them have life left guy we kick it off with you this is a game here >> let's see the game. >> i give you a fame and ask you dead or alive intel dead or alive. >> like the song why do we come in sarah mclaughlinen i followed her on tour for aier all three canada sarah mclaughlin. >> i don't know what i think about you. >> you went on tour. >> shh. >> hear that that sarah mclaughlin it's alive not dead it was dead now back to live why is it alive because on valuation alone. >> it's alive! >> don't let that strakt distract. >> you it didn't we need to bolster up. >> it's alive. >> you're going to get that the rest of the show 12 times forward earnings you got to say this is inexpensive stock. a lot of analyst took down p

this should be a moment in america's intel community for celebration. they got a chance to prove that they are the best and the brightest on the planet. instead they have a president who yesterday defended vladimir putin and his spy agencies against forensic evidence that cannot be denied. what -- how do they go to work this morning? what do they do? what is their attitude? >> joe, i think this was a tipping point. i wrote yesterday, you could almost hear the fabric of trump's presidency ripping after he said those words. i made a point of talking to a number of former intelligence officers after he made those comments, and to be honest, they were shocked. mike hayden, who ran the agency said he was stunned to hear the words. he imagined all of the one-word expletives up and down the corridors at the agencies, at the nsa and people watched their screens and saw what happened, that the president sided with our adversary against their intelligence. will herd, a republican congressman from texas, a courageous operations officer said he was stunned that an

jeremy, let's go back to the senate intel report. the house intel report was sort of unbelievable, they shut that investigation down before they had finished interviewing and hadn't really done a comprehensive report on this. the senate intel report is what most americans are hoping a congressional inquiry looks like. >> yeah, ali, it's a republican-led investigation conducted thoroughly and in a bipartisan way. and the conclusions were pretty striking, not really surprising, but striking in that they were a rebuke to the president's prevailing narrative. number one, the senate intelligence committee found definitively that the intelligence community's assessment was well-supported by the evidence, well-founded by intelligence, that not just there was meddling in the 2016 election, but that in fact putin directed it and he directed it to favor donald trump. and secondly, importantly, they concluded that the steele dossier played no role in the intelligence community's assessment. the intelligence community's assessment was based on a

intel down 4.5%.s recovered decently, in fact, now -- this is want no extended hours >> there it is. >> starbucks up 0.7% and chipotle up nicely and the same-store sales growth and the expectation up 2.5 and amgen up 1.5% and the key numbers to listen for in the upcoming conference calls will be discussed next what about him? let's do it. ♪ come on. this summer, add a new member to the family. at the mercedes-benz summer event. lease the glc300 for $429 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. >>> up next, we'll get another check on amazon and the other after-hours earnings mover to help you prepare for those conference calls when we come right back your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. when it might be time to buy or sell? with fidelity's real-time analytics, you'l

ten cia staffers were found to have breached senate intel committee computers. senator mark udall called on brennan to resign but obama protected brennan. let's not forget brennan was caught lying last year on the steele dossier. >> director brennan, do you know who commissioned the steele dossier? >> i don't. >> did the cia rely on it? >> no. >> why not? >> because we didn't. it was not anyway used as a basis for the intel community assessment that was done. >> laura: [laughs] every time i hear that. in fact, two former intel chiefs, jim clapper and mike rogers, they disputed brennan's claims that the dossier was not part of their assessment. rogers in a letter to congress and brennan last october on cnn. >> some of the content of the dossier, we were able to cooperate in the intelligence community assessment. >> laura: given brennan's history of lying and obscure ob obfuscation, any sane person was question his objectivity and credibility. trump is right to be skeptical on brennan and call him out on his misinformation campaign. as "the wall street journal"'s

i've got twitter and intel down big today. facebook with another follow through. >> juniper >> juniper and i think for the first time in a while, real questions about tech and where this trade is going to go in the weeks ahead >> fundamental you take a k loob at intel they're pushing further back the chip production into the second half of 2019. all these things, they're all company specific, whether it's facebook or intel or juniper, but the problem is, they all speak to reigning in those growth expectations in tech. including from those boufl bellwethers, the digital media darlings the growth expectations are not being met. >> i'll take the other side. that's the bias. are we forgetting what microsoft and gookgle had to say like 36 hours ago? >> it's a mixed bag. >> the general trend here and i'm looking at it. there's more negative than positive it's not 100% negative >> 72% beat rate for earnings season and in tech, it's closer to like 85 how is the general direction negative >> it's the following. the earnings beat is mea

the senate panel says the intel community was correct in its assessment. russia tried to boost president trump's election by meddling in the election. they said there was no reason to dispute the conclusion that putin tried to help the election chances. that confirmed by the entire national security team even though the president himself has repeatedly refused to say russia was meddling to help him. >>> meantime, the lawyer for peter strzok says he may not comply with a house judiciary committee subpoena ordering him to appear early next week. >> my client will testify publicly soon, somewhere, sometime. this is not a search for truth. this is a chance for republican members of the house to posture before their most radical conspiracy-minded constituents. >> strzok was interviewed behind closed doors last week for 11 hours. they have been pounding for strzok for months over text messages he wrote disparaging trump during the campaign snmplt>snmpl. >> we're told scott pruitt is inching toward the tipping poinpoin point. pruitt proposed temporarily replacing

community, oversees the intel community.t for our viewers that don't know this, you want to call him a deep state actor, he was appointed by, wait for it, wait for it, donald trump. so jeremy bash, it is very interesting as david ignatius and katty just said, the mueller indictments on friday seem to be more of a message to vladimir putin. we know what you're doing. not only does the united states military and the intel community know what you're doing, we're three steps ahead of you. and if you continue to in the words of the head of our intel community try to, quote, undermine american democracy on a daily basis, there will be consequences. was your in reading the mueller indictment on friday, was it your -- did you view that also as much of a statement to vladimir putin as it was an indictment against these individuals who tried to subvert american democracy? >> definitely. i think it was a big move by the intelligence community to declassify these details. it's a big diplomatic move to hold criminal liability over the he

so, he invited cameras into the cabinet room to record him backing the intel community, but even that came with a caveat. >> let me be totally clear in saying that, and i've said this many times, i accept our intelligence community's conclusion that russia's meddling in the 2016 election took place. could be other people also. there's a lot of people out there. there was no collusion. >> just in case he forgot to say no collusion, he wrote it right there onto his script in black sharpie complete with one "l." as to why it took so long to launch into damage control, one official told us the president is surrounded by aides who don't disagree with him or are simply too afraid to. so, as the white house scrambled to respond to the overwhelming criticism, president trump decided to say he had misspoken, even though he had backed up his original statement by saying putin was "extremely strong and powerful in his denial." we get more now from jeff zeleny at the white house. >> christine and dave, the white house still in cleanup mode and damage control mode after the helsinki summit earlier

the house intel chairman is here exclusively to react. in a major twist in the case of maria butina, the obama administration is being swept up in the saga of the alleged russian agent. butina's attorney will join us. plus the escalating war of words between president trump and iran. will rising tensions lead to an actual military conflict? first the benefits and risks of trump, the disruptor. that is the focus of tonight's angle. whether he's dealing with foreign relations or our own int intel agencies, donald trump is living up to the promise made on the campaign trail. he's a disruptor. he's not afraid to challenge old alliances. and sometimes he will opt toward building bridges to old adversaries for the greater good. as he has on so many issues, trump has ditched the playbook of the bipartisan establishment and the conventional wisdom that goes along with it. let's face it. this has driven the old guard and their cheerleaders positively bonkers. >> i personally think it's an incredibly depressing moment in our time coming in our hist

the president taking to twitter undoing a week of support for the intel community. >>> and a driver for uber and lyft is off the road after live streaming passengers. he was not breaking the law. good morning. welcome to "early start." i'm dave briggs. >> is there privacy anywhere? i'm christine romans. it is monday, july 23rd. it is 4:00 a.m. in the east. tensions between the united states and iran escalating overnight. it started early sunday when iranian president hassan rouhani cautioned president trump about pursuing hostile policies. rouhani said america should know peace with iran is the mother of all peace. and war with iran is the mother of all wars. he got a response last night via tweet. >> president trump warning rouhani in all caps, never threaten the united states ever again or you will suffer consequences in which few throughout history have suffered before. we are not a country that will stand for your dmeemented violee and threats. we have nick paton walsh with the latest. good morning, nick. >> reporter: all of this plays conveniently into the president who likes to di

it has been a stalwart for intel. will be one of the considerations that the board will evaluate. >> you have some progressive programs which we have reported on. you think the previous leader for his leadership. intel decided that he did something that violated company policy. what are you doing to make sure that doesn't happen again elsewhere in the organization? >> intel has a strong history of values and culture being extremely important. the reality is that it applies to everybody in the organization. we constantly reinforced that on an ongoing basis. the values of the company are extremely high and our employees rally around and did here to the policies that we have. there are no exceptions in our company about who has to adhere to policy. it is a strength of the company it always has been and i am confident it always will be. >> the semiconductor industry has been vociferous ins eking out against trump tariffs. what is your position on the moves the administration is making when some of these chip companies are

we'll look at who might take over as intel's new ceo.> john, there are a range of potential candidates for intel's top job, both internal and external here's some rbc that we should be watching. one to watch would be the group president and chief engineering officer who came over from qualcomm just a few years ago. there's also the general manager of the data center group they both already have some pretty big important roles at this chipmaker experson exintern externally, watch sanjay jha and stacy smith. and renee james and diane bryant, the former coo of google cloud. pat gelsinger responded on twitter to say, thanks for the shout-out, john ford, but i love being ceo @vmware and am not going anywhere else. he violated company policy by having a relationship with a coworker the next ceo, whoever that is going to be, will have to deal with complex challenges. one, manufacturing challenges with its next generation processe processers, so-called 10 nanometer chips. and they have been make iing moe processer processers and two, increasing

the light show told the story of intel's past, present and future. we spoke to employees who were excited to see it for the first time. >> i'm going to feel like a kid in a candy store, to be honest. i love technology. and to see it fly over my head, it will be breathtaking. >> it's like nothing you have ever seen before. >> i get to see it all the time. but now i get to bring my parents and my daug have put thison at contact to this contact. >> just like that. >> perfect. >> oh, and that's it. >> yeah. >> reporter: natalie chung is intel's general manager of drone light shows. she told us about her first time flying a drone. >> you know, your fascination with drones and all of that. ha ha! the first time i flew a drone was maybe 3.5 years ago. and it wasn't a cheap drone. it was an expensive $800, $1,000 drone. and it was a kickstarter. and i tried building it. i tried. it flew but it also crashed. ha ha! >> reporter: drones are now her passion. these intel shooting star drones are capable of more than 4 billion color combinations. >> when we first

yearlyhurt intel's performance. it had been outperforming all semiconductors.ok at the bloomberg. i have a chart for you that shows intel versus the philadelphia stock exchange semiconductor index. the white line is intel, and it had been beating it. today, you see that plunge right back down. another investor concern is what is being talked about as a delay to production of its new technology, called 10 nanometer technology. they will not have chips that use the technology until the second half of 2019. it had already been delayed previously, and they are concerned about their rival, commute products, and one of the things that was the cornerstone of intel was able to get there first. lisa: so we can file this as under it is good as it gets. scarlet: it is a filing cabinet growing bigger and bigger. what are analysts saying with regards to that and with regards to the lack of stability at the top? they do not have a permanent ceo right now. first report the since their ceo had to step down. they have an interim ceo at the moment. analysts are still concerned t

i and the entire intel community are committed to providing the best intelligence to inform and support president trump's on going efforts to prevent russian meddling in our upcoming

first up, pete in florida asks by nvidia or intel josh, you own them both.ther/or or both >> for some people it is i think that's a function of what kind of an investor you are. intel i think is a really attractive total return type of situation where it's a big buyback, a really big dividend, even for the sector, and there's dividend growth. and they're doing well getting into areas like server chips and cloud that they have been in for a while but those businesses are getting bigger intel is becoming bigger within them nvidia is a different animal it's a much bigger bet on platforms of the future and it's way more volatile than intel, so i think they're two different stories. i don't think that it's an either/or. it could be an either/or for you depending on what kind of investor you are. >>> max in kansas city, what are your thoughts on dropbox >> i've traded this, i've traded box. i really don't like either of them the more i read about them, the more i just think it's a layer over somebody else's platform. historically those are very hit-or-miss busines

how far can the intel community go in speaking out against the president. >>> and cyber war warning. just how vulnerable are the midterm elections to foreign meddling? this is "mtp daily" and it starts right now. >>> good evening, i'm katy tur in new york in for chuck todd. welcome to "mtp daily."

host of margin head win after intel's disappointing earnings report. price target $50, finished down in today's trade. >> down to market perform from outperform at bmo capital markets. the analyst cites problems with the cloud bus following the company's disappointing revenue and margin guidance. pre target is $27, today juniper dropped $2 o2618. mattel upgraded to neutral from underperform at d.a. davidson. the analyst cites possibili takeover of mattel. the price target is $14. mattel lost a couple of pennies to close at $15.58. >>> still ahead cbs's board investigates the crond th-- ceod the stock drops. -- ceo and the stock drops. ceo and the stock drops. ceo and the stock drops. ceo and the stock drops. >>> cbs shareholders got a surprise today, a report released by new yorker a little sexual misconduct byeo les moonves, credited with helping make cbs a t juggerna. cbs said all allegations of misconduct are to be taken seriously. cbs committed to investigating claims that violate the company's clear policies in that regard, end quote. the shares t

only 29% support him attacking our intel communities.s, among my former party, and i don't know if you're still a republican, an overwhelming amount of republicans don't mind donald trump taking the kgb's line on nato. >> yes, it's certainly an indication of how tribal our politics have become, whatever the polls say. the reality is, is what we saw last week poses a real danger to the world order. there -- our allies no longer rely on us. our enemies i don't think necessarily fear us. there's a lot of rationalization that is going on. republicans i think in private understand how serious this is. how unhinged a lot of this behavior is. but they're not willing to say it in public. they're not willing to say, hey, it's donald trump, there's nothing to worry about. if donald trump continues on this path, there is a very, very real danger. and, you know, it is so weird watching how america first has morphed into blame america first. you know, how the strongman, you know, turns out to be incredibly weak when he's confronted by a bigger bully.

. >>> santa clara's intel can boast another record.broke the guinness world record for the most drones flying simultaneously. 2018 drones formed a globe, dancing bodies and the intel logo on saturday. the company released video of the event. a special show was part of intel's 50-year celebration. the company plans to fly drones in formation at its santa clara headquarters as well. these just keep getting more impressive. >> they do. was gaga the first one to do it? >> she wasn't the first one, but i think the super bowl was the first kind of like major stage. >> everyone saw it. >> how cool is that. could be an alternative to fireworks. >>> talk about what's happening across the state. there is the chance of an isolated shower popping up. the thunderstorm threat toward ours east and really over the sierra. if there is a shower that pops up in the green shaded area, lightning and hail would be the biggest threat. it's all about the dense fog early on. 7:00 in the morning on your 12-hour day planner, brighter skies, by 4:00 we'll see sun

. >> two of president trump's top law enforcement and intel officials with remarkable push back. director of national intelligence dan coats on the president standing with vladimir putin, dismissing intel agency conclusions on russian meddling. >> obviously i wished he had made a different statement. but i think that now that that has been clarified. >> and about that one on one meeting between the president and putin. >> if he hadfere way, but that's not my, its what it . >> is there a risk that vladimir putin could have recorded it? >> that risk is always there. >> and hours after, president trump seemed to deny russia was still trying to meddle in u.s. elections. >> is russia still targeting the u.s., mr. president? >> fbi director chris wray telling me -- >> the intelligence community's assessment has not changed. my view has not changed. which is that russia atted to interfere with the last election and that it continues to engage and malign, influence operations to this day. >> aimed at our political considered quitting. >> i'm a low key guy, but that shouldn't be mistaken

and it wasn' just the intel and fbi chief speaking out against the president. congress issued a rare bipartisan rebuke unanimously passing a rolution condemning president trump's once touted incredible offer from vladimir tin to interview americans in exchange for those 12 indicted russian hackers. just as a leading republican congressman and formeria official laments the president has been manipulated by putin himself. nbc's hallie jackson has more ou from the white. >> reporter: brushing off backlash to his one on one, plans now for part two between donald trump and vladimir putin. >> were you aware of that, just want to clarify, because you seemed to be. >> based on my reaction, i wasn't aware of that. >> reporter: the news surprising even the president's own director of national intelligence on stage in aspen. >> would you recommend that there not be a one without note takers? >> if i were asked that , question would look for a different way of doing it. >> reporter: it would be putin's first visit to the u.s. since 2015, and the first since his country int

intel has been a story of strength here at 80% of the pc market. datacenter is is center surged in the second quarter. they beat on most measures and took revenue in the court order -- in the current quarter. they've increased revenue target to a record 69.5 and they are up 12% year to date. it is interesting to see how this plays out in the friday session on wall street. let's go into starbucks. what we have is an after-hours trade that was one point up and one point down. a bit of a gain there. mixed results was the story of this tough first half. the company taking bigger steps to correct its course. nationwide, they plan to have delivery in china are the end of the year to correct soft china same-store sales. key sales in the u.s. grew only modest they as the store chain struggles to find something more interesting to attract customers. again, they are planning to boost u.s. sales with a new advertising campaign. they also beat on the number, 62% per share adjusted. that beat by a penny. yvonne: just talking about the regular session, it up thi

president trump doesn't trust the intel community. he made that abundantly clear. we've known that. he showed in helsinki he trusts the word of vladimir putin who strongly denied any interference over his own intel community. so, revoking the clearance of the previous intel chiefs who he feels that he's at war with, he wasn't going to them for advice any way. i mean, other than of course this breaks with norms, of course this is punitive, of course it's political. it's not like he was relying on these folks for any sort of intelligence. >> well, he may not have personally but -- >> that doesn't mean -- >> hold on, joe. >> yes. that's what i was going to say is that, you know, his -- he has many agencies and national security staff who may be relying on these people because remember their expertise is not just about this one russia investigation. james clapper, james comey, these people saw investigations on all fronts concerning national security including things like terrorism. especially for an administration that has so little prior government or national security experience, bei

while he shakes the old global order, trump is also rattling the cages of the intel community. cages that no one has ever dared to rattle. remember during the campaign when trump spoke about reforming and ending the corruption of the fbi and cia? even his political nemesis sounded a warning. >> you take on the intelligence community, they have six ways from sunday of getting back at you. so even for a practical supposedly hard-nosed businessman come he's being really dumb to do this. >> laura: and boy, have they worked to get back. we know the unverified research used to secure the fisa warrant and the pfizer judges weren't told hillary specifically funded it. then of course we know rogue fbi investigators used their powers as an insurance policy should trump actually be elected. meanwhile, some obama era intel officials responsible for so much of the deep state mischief have become the critics in chief. and today the white house announced the president's intention to strip them of their security clearances. including former cia chief john brennan. last week he called the presi

that is 2018 drones forming things like the intel logo or the guys in the space suites from the intelials. the company released video that happened sunday, part of intel's 50-year celebration and the company plans to fly the drones again at the santa clara headquarters soon. so this is such cool technology and it just keeps getting more impressive. >> it really does. >>> your morning money report. appears glitches and website outages didn't hurt amazon's bottom line for prime day. >> not at all. the company says it was the biggest shopping event in its history. no word yet on the dollar amount but the on-line retailer says prime members bought more than 100 million products. the popular purchases in the u.s. were instapots, personal water filters and 23 and me dna tests. >> taking a live look at the new york stock exchange today, it is down 90 points as trading gets under way this morning. financial companies and makers of consumer products are taking the biggest hits so far. >>> mcdonald's offering free french fries for the rest of the year, but there is some fine print. the offer on

using intel chips. both acquisitions got sold for pennies on the dollar. transactions, chips buying software companies historically, hasn't worked out. monitoring --cop keep monitoring it. power up apple's new house. the giant unveiled new line of pros.ok next. emily: an is -- apple is releasing new version of the laptop. they up veiled new -- unveiled pros.ne of mac book this coming as apple remains in fourth place market share wise for global pc shipment. and dell.p, lenovo about the macial brook pros? >> this is what the pro users have been waiting for. released it in end of it had cool features. people were asking is this really what we want. the answer was really no for a people.hose it was more of a consumer laptop name.ice and pro it has a more powerful faster than0% 15-inch model. it has more ram. let you component that do more things at once. it has desktop quality ram. now the higher prices are matching. do movie editors and developers want? of stuffant to do lot at the same time. they want it

from there he continued to gas light the intel community. look at how he treated james comey and his firing saying he was fired allegedly because of his mistreatment of hillary clinton. this yarn that he unfurled out sieg supposedly showing his malfeasance. there has been so many narrative that is they've spun out to distract from the fundamental conflict that we are witnessing that is between donald trump and what he doesn't want the intelligence community to uncover, and so this war that we're seeing, i think we're witnessing a cold war of sorts between donald trump and the intel community because they are fighting. they are not on the same page because he has been at war with them ever since he became president. >> scott, i know you support the president. but you had been critical of what he has been doing with russia and putin this week. what is happening inside the white house, scott? who is advising the president, and who is -- and is he listening to anyone? >> good question. i'm certain that inside the white house there are people tha

i mean, these are russian intel officers, russian intel associates.g to the united states. they are not going to be extradited to the united states. but again, when bolton says, why would he do that? that would put the president in a position of weakness, what bolton is really doing is avoiding the real issue, which is that president trump doesn't need to just ask putin if he meddled. doesn't need to just ask putin if he'll extradite. he needs to say, we are going to do this to you in order to deter you from doing this again. if you do it again, we're going to do, a., b. and c. and maybe more. that's the issue that bolton and the president are trying to avoid. that's what a normal president would do. >> and ellie, it seems like herein lies the problem, that the president is walking into this meeting in order to get vladimir putin to like him and create a relationship with him, versus confronting him over the missed deeds and the election meddling or basically helping sway our election. >> right. as al gore once said, we are entering a time of conseque