every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ >>> welcome back a big deal in the health care sector we're following today, abbvie buying allergan for roughly $63 billion. cnbc's meg terrell is following the money for us today >> hi, guys. this is obviously a huge deal. it seems to be befuddling abbvie shares throughout the conference call ceo rick gonzalez tried to lay out the rationale for this deal. abbvie is paying a 45% premium to where allergan closed out yesterday. they are paying a combination of cash and stock here. and that $63 billion amount doesn't include about $20 billion in allergan's debt that's a more than $80 billion deal here. i spoke with rick gonzalez by phone, that's the ceo of abbvie, earlier today. he outlined the rationale here it diversifies abbvie away from their drug humira. that's going to face patent challenges, loss of exclusivity by 2023. that's a major thing here. they're not betting it all on allergan's pipeline.

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. the possibilities of life and investing are greater when we come together. ♪ >>> the real question is in cutting rates, we would become accommodative again and is it really appropriate in this economy to become accommodative, and for me, i would need to see evidence of a more material deterioration in the outlook. i'm looking for it, i'm going to be vigilant to it, but i don't want to be cutting rates to do fine-tuning. stuart: don't you love it? i want clean speech. i want -- i want to know exactly what they say. maybe i can interpret. that was dallas fed president robert kaplan with maria earlier this morning. he needs to see more proof that the economy is slowing before he recommends a rate cut. no influence on the market whatsoever. he is a non-voting member of the federal reserve. >>> let's get serious. we have 30 seconds to go until this market opens. i'm looking at an interest rate or yield on the ten-year treasury, down to 2.02%. i'm looking at futures which suggest we are goi

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invesco fixed income senior melissa pope strategist is here now.phanie, we need to start with the big bond rally we have been seeing that is continuing to fall within the muni world. where are you seeing opportunities given the massive bond rally? stephanie: yesterday was really interesting. we had a pretty turbulent morning. municipals have been in pace with what we saw in the treasury .arket for us, we are seeing opportunity in some of the more credit-sensitive names. the bb+ names, as well as the point.es at this guy: if the fed does not deliver what the market wants, how muni market?your stephanie: the pricing of munis has really come as a result of the cap productions. that has been such an impact. we had $42 billion worth of inflows into municipal neutral funds, that has been dramatic. the fed is a backdrop to that. but i still believe that, particularly in the high-tech stakes, we will see a lot of demand. -- fed me delay that a bit the fed me delay that a bit, but not to a large extent. taylor: i wonder, if we are looking at a fed rate cut,

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ossibilities of life and investing are greater when we come together. ♪ >> it was hurtful to hear you talk about the reputation of two united states senators who built their reputations and career on segregation of race in this country. you also worked with them to oppose busing. and you know, there was a little girl in california, who was part of the second class to intoday great her public schools. she was bused to school every day. and that little girl was me. >> i'm the guy that extended the voting rights act for 25 years. ai greed everybody once, my time is up. charles: kamala harris a clear winner at last night's debate, taking front-runner joe biden to task on his record on race. this was a year from now. it could have been a knockout punch. i will go in depth on the moment later. bring in the panel, to discuss. rashad, you always have thoughtful insights on things like this. what do you make of what happened last night and joe biden's response? >> the vice president, joe biden

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ termites, we're on the move.24/7. roger. hey rick, all good? oh yeah, we're good. we're good. termites never stop trying to get in, we never stop working to keep them out. terminix. defenders of home. >> it was hurtful, to hear you talk about the reputation of two united states senators who built their reputations and career on the segregation of race in this country. you also worked with them to oppose busing. and, you know, there was a little girl in california, who was part of the second class to integrate her public schools. she was bused to school every day. and that little girl was me. >> i'm the guy that extended the voting rights for 25 years. i agree -- my time is up. neil: not a good night for joe. the former vice president, really coming under fire, namely by kamala harris, who almost everyone seems to agree was the star performer in the second debate. it has reset the place holders in a ra

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ >> this economy has got to work for everyone and right now we know that it isn't. >> this economy is not working for average americans. >> when you have a government, goat an economy does great for those with money and isn't doing great for everyone else, that is corruption, pure and simple. neil: you almost think we were in the middle of a recession, or worse a depression here. the tone in the last night's debate was really about democrats, railing against an economy they say is not benefiting everyone. this chasm between the rich and poor continues. technically the chasm has been around for a while but is it a tough sell for a general election? "real clear politics" phil wegmann. what do you think, phil? >> whoever becomes the democratic mom economy will explain away the economy. last night that task fell to elizabeth warren with the first question. she said the markets are going up that the benefit

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ossibilities of life and investing are greater when we come together. ♪ neil: the dow brushing off tensions with iran pushing higher, briefly trading at record high for a moment. still on pace for the best month since 1938. i want to bring in vision four funds vice president heather zumarriaga, and kingsview management cio scott martin. wall street thought about it, came back yesterday morning, started buying, buying. this morning even though we gave some back, i thought it was interesting, bullard who was dissenter, along with kashkari, doesn't get a vote this year but does last year, said he was pushing for a 50 point right cut. brainard seemed to say or suggest that maybe they stay the current course. but whoa, this is really adding some intrigue to what the next move could be from the fed. >> it really is. wall street is expecting 100% rate cut. goldman sachs calling for two more rate cuts this year but, i, i actually i think that might be a problem. if we do have a true recession,

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ecause the possibilities of life and investing are greater when we come together. ♪ >>> welcome back to "fast money. crypto plans are getting support and more than a dozen companies including visa, mastercard, paypal and uber are backing libra which is set to launch next year. the new digital coin will be connected to government-issued currencies to create a more stable system which has plagued other cryptocurrencies so let's get the two cents on the block chain. >> i write a great note from rbc capital and he's talking about two reasons why it's going in this direction and it's payments and commerce and those two things with the stable coin attached to their user base and it's focused on asia and they have about a billion active users and what they have here in north america and it's not about the actual hardware and it's about the operability of the apps that they have and they're doing payments and commerce on we chat and this is a focus over there. so to me, i think this is a huge,

brian leavitt with invesco. >> thank you. >>> as we mentioned rlier, investor optimism apparently iseing driven by the hope that the federal reserve will lower its bench mark interest rate, t is it the right time to cut?li steve esman takes a look for us tonight. >> reporter: a bullish stock market reaction to the fed's announcement this week, suggesting a stock and bond market that are virtually certain the fed will cut mates nextth and even more beyond. there are reasons for the exuberance. eight fedfficials recast at least one cut and seven of them are forecasting two. fed chair j. powell said the balance sheet run-off -- that is the quantitative easing that it habeen reversing, could end earlier. powell also hinted at a possible full hal i point cutnstead of just a quarter. that's the call o morgan stanley, which said in its fed report, quote, a july rate cut 50 bases points or half a point is coming. down side risks in global growth and trade have dragged the fed away fro neutral. the federal market community owill want take ab aggressive stance. is m tket too bullish? rate cuts

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ecause the possibilities of life and investing are greater when we come together. ♪ >>> yeah >> yeah. >> welcome back to "fast money". shares of beyond meat down 7% after the center for consumer freedom sounded the alarm on harmful things last night on the show. >> it is not just peas ground into the product they go through a very heavy manufacturing process. there are other companies, usually ones that use soybeans, that through this process -- it is called extrusion -- in order to separate the protein from the fat. they will run it through a solvent called hexene. hexene is recognized by the federal government as an neuro toxin. it is thought to have impacts on reproductive health. >> that was breanne kinkaid, the center research director, arguing that products that claim to be plant-based can ms. lead consumers. we should know that the group does not disclose who its donors are but has been known to be supported by restaurants and food company shake shack has no intention of adding

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ is this ride safe? i assembled it myself last night. i think i did an ok job. just ok? what if something bad happens? we just move to the next town. just ok is not ok. especially when it comes to your network. at&t is america's best wireless network according to america's biggest test. plus buy one of our most popular smartphones and get one free. more for your thing. that's our thing. >> tesla getting reenergized over the past month, the stock up 20% in the last month but ubs is not buying it, cutting the price target for the third time this year and reiterating its sell rating on tesla >> it is our call of the day u ought oy analyst colin languagen is behind it he has a $160 price target on tesla down from 200. welcome. good to see you again. why are you letting the air out of the tires on tesla? >> you know, we look at it as i think we're going to see a lot of the surge you have recently seen are e

newspapers johnny force in the campaign to support invesco journalist who's been arrested now this of course much to the embarrassment of the kremlin yeah. that's right now this is it's interesting to see the russian media really taking a kind of a very strong stand against this this is the same headline on three major at dailies commerce on to evade the most the and the rb cake group we are. yvonne goal in all of is it what they're saying that that he's even going off he was in prison according to a friend of his badly beaten up. then released because of the the brouhaha in the media over this and he's now held under house arrest. at it he claims that they were trumped up charges that he was a at the end of drugs lab in his apartment in fact six photos released by the authorities five of them have been proven not to have been taken in his apartment at all. so it does look like the some credibility at two at the dots over the the drug charges he is also an investigative journalist now based in lafayette because he was fired. at bali and media in in russia so he's now based in lafayett

romaine: our thanks to alessio de longis, invesco senior portfolio manager.up, a legal loophole. some u.s. companies think they have found a legal way to still even though iti, has been blacklisted by the trump administration. and elizabeth warren takes stender stage as she debates a group of nine other democratic candidates who are trailing her in the polls. and a possible plan b. president donald trump says substantial additional u.s. tariffs will be placed on goods from china if there is no progress on a deal at the june 20 meeting. this is bloomberg. ♪ caroline: time for a look at our top calls, some of the key movers on the back of analyst recommendations. bird initiating coverage on slack. with a buy rating at a $45 price target. withessaging company is up continued market share gains and long-term margin growth. and goldman sachs initiating coverage of fox call, with the abilities to raise fees overall. -- up about ag quarter, $35. and an improved outlook in memory chips. reducing downside risks. 13% after their earnings yesterday, $37. those are some

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.sibilities of life and investing are greater when we come together. ♪ >>> welcome back to "fast money. we have a bitcoin alert, the crypto ripping through 11,000 for the first time since 2017, there it is, 10,916.75 it's been on a wild ride, nearly up 200% as investors jump back in >>> you're starting toes real buyers come in, and actually even in the 4,000s what you are seeing is we have a supply cut that's coming in 2020 you generally see a rally one year before and one year after right on cue, he comes the rally. we are now up almost 200% for the year remember, this is a extremely risky asset class, even in 2017 when tiffs up 1,000%, so, you know recognize you're buying at the highs. >> you said the magic words. it's a risky asset class i've heard some people say that bitcoin is a safe haven. how can it be both >> the investment thesis is it will be digital gold, at people need to buy into it, that would be the investment case its not a, quote will unquote safe haven. >> it's the mo

company coming from a called innovator funds, which founded powershares before they went to invesco.s is a big deal in the etf space. these are complex instruments, they don't typically do well in the marketplace. 9%, and theffer of use complex strategies for that buffer. is a cap this, there on the upside potential. example, here is a 15% cap. guy: they cost a little more, what is their performance? james: we have the first suite of these coming due in july. it's very in line with the performance of the s&p 500 price index. the thing to note is that they don't ask the same as the s&p 500. it does not exactly tie out with what's going on. and that's because these are complex strategies and pricing the requires looking at them in relation to an underlying asset. thee is the volatility of market, time, all of these change the price. but over a full time period, you get what they say they will do. resetou mentioned the coming up, i read somewhere today that that's the point where most people get it. james: they have a good website that details what's going on. outcomesnow how the are go

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.e the possibilities of life and investing are greater when we come together. ♪ can't see what it is yet.re? what is that? that's a blazer? that's a chevy blazer? aww, this is dope. this thing is beautiful. i love the lights. oh man, it's got a mean face on it. it looks like a piece of candy. look at the interior. this is nice. this is my sexy mom car. i would feel like a cool dad. it's just really chic. i love this thing. it's gorgeous. i would pull up in this in a heartbeat. i want one of these. that is sharp. the all-new chevy blazer. speaks for itself. i don't know who they got to design this but give them a cookie and a star. neil: all right, it was a list s&p was proud to be out of, list of s&p companies that are deemed ethical, they do the right thing for people, now taken off it, robert gray with the latest impact on that, what happened, robert? >> neil, you might say they were defriended from s&p 500 index, the global head of the index noted in a vlog post that facebook has bee

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ossibilities of life and investing are greater when we come together. ♪ >>> you are watching cnbc's "squawk on the street. we're live from the financial capital of the world we have an opening bell for you. we refer to this as hump day, middle of the week, you get it. >> you're the only ones who use that term. >> i know we are we'll keep using it. particularly i think it annoys you, i'm not sure it does. oil is up. >> yes. >> yet again i think we're getting the highest level back to may 30th almost a month ago continued concerns about tensions in the middle east, namely iran versus the u.s >> it has been market positive, interestingly enough for now, it is sort of giving a lift to one of the areas that have been left behind in the market and we're not yet up to levels where it seems like it will pinch that's probably the most optimistic way of viewing, you know he what know, what's going on. no real process we're handicapping here, watching oil lift and give a break to energy companies

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ who used expedia to book the vacation rental that led to the ride ♪ which took them to the place where they discovered that sometimes a little down time can lift you right up. ♪ flights, hotels, cars, activities, vacation rentals. expedia. everything you need to go. neil: look at gold. still a flight to quality. market saw in times of strife or perceived strife, gold is a place to park, oil is a place to park. generally not gold with bonds, as well as stocks. that has been kind of the weird development in this whole global pitch that focuses on trade, focuses on iran and everything else. it is not the kind of stuff you normally see. but then again, these are crazy types. then there is bitcoin. that is above $11,000. up 180% this year. facebook is latest catalyst, pondering its own cryptocurrency. other players are involved indirectly. steve moore as charlie gasparino reports is looking to start a cryp

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. no matter what you trade, at fidelity you guys be good. i'llshe's gone.ter. it's a dangerous world. [ screaming ] [ grunting ] woo hoo! [ screaming ] pops are your friends gonna die? pickles don't be so dramatic. but yes probably. there they are. aww! >>> the ceo speaking on a conference call right now. so let's get to san francisco for more on the story. >> melissa, reiterating they're planning the direct listing for june 20th. the ceo and co-founder stewart butterfield gave updated numbers on that call talking about the highest paying customers as of april 31st he said slack has 645 paying customers with over $100,000 in annual reoccurring revenue that is up from 575 as of the end of last year these customers make up a disproportionate amount of

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions. possibilities of life and investing are greater when we come together. ♪ today, life-changing technology from abbott is helping hunt them down at their source. because the faster we can identify new viruses, the faster we can get to stopping them. the most personal technology, is technology with the power to change your life. life. to the fullest. >>> lots of buzz in the sports world. really around my house too about the nba draft kicks off at the barclay center in brooklyn tonight. here with more on the big money at stake and the state of the league is mark tatum, nba's deputy commissioner, cheap operating officer, he'll be announcing the picks in the second round and he joins us for a "power lunch" exclusive. >> it's great to be here >> you all have come off on exciting finals series the ratings were actually higher because so many canadians watched. >> it was a historic finals for us, obviously our first finals outside of the united states, and as you said, it set a record for an n

. >>> etf spotlight is responspon by invesco .ry day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ >>> we are waiting slack's first trade here at the new york stock exchange with the reference price set at $26 per share, giving it a value of $15.7 billion. joining us to discuss slack and the overall ipo environment new york stock exchange president stacey cunningham. good morning. >> thank you it's an exciting morning. >> it's a little bit different than what we're used to. take us through the steps as we await this opening trade. >> i think the biggest trade, that price discovery is happening here on the trading floor unlike with an ipo where there are shares issued the night before that really creates a price that investors are use to go determine that the value of a company, that's happening right now. so that's what that crowd is doing over there, trying to figure out where supply neets demand and ha

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions.sibilities of life and investing are greater when we come together. ♪ ... president trump: we don't want money going out to sponsor terror, so i'll sign this order right now, and i want to thank our military, i want to thank all of the people that have been working with me over the last number of months on this, and i think a lot of strength has been shown by us, a lot of restraint, and that doesn't mean we're going to show it in the future. neil: the president signing an order imposing new sanctions on iran, oil dropping on this, and the financial market strategist joining us on this. i'm still having a tough time finding exactly what some additional measures we're taking here. i understand that we're moving the waivers that we granted the countries doing business with iran to get its oil including china and india. beyond that i'm a little bit at a loss but obviously intent here is to even further crack down on how revenue gets to iran and this mays it very difficult. that's the upsho

. >>> in osaka tonight, joining us to discuss the market implications, invesco's chief chair and keith learner. we're coming off of four down days for the s&p 500 futures are looking up today, but we were here this time yesterday, and we lost all the gains. what is the latest thinking around trade >> so a few down days, but the month has been quite spectacular. let's not focus on the specifics that narrowly. at the end of the day, what this is about is policy support and on a global basis, we continue to get positive policy support fed, ecb, every central bank in the world is on the verge of easing or easing already economic growth, in our opinion, in the second half of the year is probably going to improve, improve meaningfully from the second quarter for sure. as a result, i think the outlook is going to improve. finally, trade at the end of the day, the change in tone with respect to trade is absolutely critical the fact that they're presenting demands as opposed to talking about doctrine and honor and stuff like that, i think indicates to me they're willing to negotiate and find so

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every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ting are greater when we come together. ♪ will transform not just the automobile, but mobility itself. an autonomous-thinking vehicle protecting those inside and out. and it's the mercedes-benz of today that will help us get there. the 2019 e-class, with innovations that will change the way we drive from this day forward. visit your local mercedes-benz dealer for exceptional lease and financing offers. mercedes-benz. the best or nothing. who used expedia to book the vacation rental which led to the discovery that sometimes a little down time can lift you right up. expedia. everything you need to go. expedia. but how do i know if i'm i'm getting a good deal? i tell truecar my zip and which car i want and truecar shows the range of prices people in my area actually paid for the same car so i know if i'm getting a great price. this is how car buying was always meant to be. this is truecar. neil: both sides, if you think about it, china and ourselves were talking about hope for a successfu

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ecause the possibilitlife anr when we come together. ♪ >>> we're back on fast money with an earnings alert on that stock right there, kb home, and shares are jumping after hours let's go to diana in d.c. who knows exactly why. >> it was a strong beat, but they give mixed guidance going forward on the earnings call that's light revenues for the full year, 4.45 to 4.6 billion, that is above estimates ost estimates take it or leave it. ceo pointed squarely to big growth in community count for the big beat in q2 especially in california, a 15% increase in the new orders, it expanded in the bay area and opened its first community it wasn't just community count he also mentioned drum roll, mortgage rates and improved affordability. >> the combination of a decline in mortgage interest rates along with steady economic growth, high consumer confidence, and favorable demographics in particular household formation continues to provide a healthy backdrop for our industry. >> now, kb's average sell

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.se the possibilities of life and investing are greater when we come together. ♪ >>> welcome back let's catch you up on a couple stories on your radar today. it's rapid fire and bill griffe griffeth, contessa brewer and phil lebeau is in the house today. welcome one and all. he looks like he has something up his sleeve. the battle for streaming content is rolling onwith nbc saying i will remove "the office" from netflix once that contract expires so it can add the sitcom to its own streaming service it launches next year "the office" according to nielson netflix's most watched show last year, accounting for 52 billion viewing minutes and disney, meanwhile, has approached netflix executive for its new streaming service. n netflix shrugging off today. >> it went off six years ago i realize there are people who like to watch it and this doesn't end until the end of next year. are people still going to be watching "the office" at that point? >> what about lag time if you're a person who has

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ecause the possibilities of life and investing are greater when we come together. ♪ while managing your type 2 diabetes- why think about your heart? lower a1c helps, but type 2 diabetes still increases my risk of a fatal cardiovascular event. and that's why there's jardiance- the first type 2 diabetes pill that offers a lifesaving cardiovascular benefit for adults who also have known heart disease. it can significantly reduce my risk of dying from a cardiovascular event. and it lowers my a1c, with diet and exercise. jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious side effect that may be fatal. a rare, but life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this bacterial infection, ketoacidosis, or an allergic reaction. do not take jardiance if you are on dialysis or have

help small business owners to help for it and we have preview of president trump's plan every day, invescobines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ when it comes to type 2 diabetes, are you thinking about your heart? well, i'm managing my a1c, so i should be all set. right. actually, you're still at risk for a fatal heart attack or stroke. even if i'm taking heart medicine, like statins or blood thinners? yep! that's why i asked my doctor what else i could do... she told me about jardiance. that's right. jardiance significantly reduces the risk of dying from a cardiovascular event for adults who have type 2 diabetes and known heart disease. that's why the american diabetes association recommends the active ingredient in jardiance. and it lowers a1c? yeah- with diet and exercise. jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious side effect that may be fatal. a r

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ >>> time for the power rundown julia boorstin in the hot seat today. bitcoin up again today as we just pointed out above 13,000 up more than 200% in three months facebook entering into the digital currency world, seen as giving that sector a boost not everybody, however, julia, thrilled with what facebook is apparently calling libra >> yes that's right, tyler. facebook brought in 27 other companies, organizations, nonprofits, to announce this new digital currency, libra, which facebook is not going to be are you noting but interestingly, that news came out last week the "new york times" just came out with a report saying some of those 27 partners are not so enthusiastic noting the fact that in several of them were not willing to go on the record and actually be quoted talking about libra, you know, as a specific service they might be willing to use. and, of course, you have companies like master card,

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ecause the possibilities of life and investing are greater when we come together. ♪ >>> time now for today's wall street buzz. josh, you're watching zoom video, ticker zm it's been a monster, actually, since its ipo in april up another 6% today. >> so beyond meat has captured everyone's attention for obvious reasons. it's a little more tangible and we're hungry a lot but zoom is really, for me, this is the much more interesting story. this is now a $27 billion market cap. it's a company that's enabling thousands of businesses, and they hope millions of businesses, to act as though everyone is working in the same location so it's conferencing software on steroids it's very similar to some of the hottest stocks in the market right now. it's not just about video cameras. it's really more of a productivity tool, software as a service. the story with the stock is it will not let you in. it's been maddening for people that have said, i love the story, the growth rate is bananas, way faster g

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.he possibilities of life and investing are greater when we come together. ♪ i come face-to-face with a lot of behinds. so i know there's a big need for new gas-x maximum strength. it relieves pressure, bloating and discomfort fast. so no one needs to know you've got gas. gas-x. the ♪exus es... so no one needs to know you've got gas. ...every curve, every innovation, every feeling... ...a product of mastery. lease the 2019 es 350 for $379/month for 36 months. experience amazing at your lexus dealer. neil: all right. this is probably just a matter of time coming, right? iran set to surpass limits put on its plutonium stockpile, uranium stockpile the stuff that get as nuclear thing going. fox news correspondent trey yingst on it. reporter: they will exceed the stockpile limit, according to the country's atomic energy organization spokesman. that spokesman speaking today at iran's heavy water facility, that they would start enriching uranium 20%, bringing that near weapons braid material.

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.se the possibilities of life and investing are greater when we come together. ♪ >> welcome back to "fast money," amazon taking its nim out of the food delivery race as competition heats up let's get to deirdre bossa with the details. >> even amazon fails sometimes four years after the company entered the food delivery space it is bowing out and this chart tells you almost everything you need to know this is a market dominated by a few big players trying to call share from each other. according to second measure, a research firm that analyzes debit and credit card purchases, grub hub has nearly a third of the u.s. market followed by door dash and uber eats and postmates. amazon is grouped into the remaining 7%, barely making a dent in the landscape. the others have been far more aggressive in signing up big restaurant chains. door dash has wendy's and chipotle and uber eats has mcdonald's and starbucks, grubhub has taco bell and kfc. this is a cutthroat market where a few customers are

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.ecause the possibilities of life and investing are greater when we come together. ♪ >>> here's what's happening this hour pat bowlen has died. bowlen's family announced in a statement he died last night following a lengthy battle with alzheimer's. >>> king arthur flour recalled more than 110,000 bags of all pu purpose bleached flour due to risk of illness. >>> the world's lightest panda born, weighed in at 1.5 ounces it's about the weight of an average chicken egg in case you're wondering >>> and disney is on pace to earn a record $9 billion with a "b" dollars with fans still awaiting "the lion king," "toy story 4," "frozen 2" and "star wars" rise of sky walker all due out later this year. that's our cnbc news update for you this hour and let me add my condolences to the family of the late bill, he was a force of nature and we owe him a lot. >> bill, thanks. bill griffeth. >>> the oil market kate rogers at the cnbc commodity desk. >> up a quarter of a percent crude up here just under 1

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.reater when we come together. ♪ i swibecause they let metual, customize my insurance. and as a fitness junkie, i customize everything, like my bike, and my calves. liberty mutual customizes your car insurance, so you only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >> we are there to deter aggression. president trump does not want war. we will continue to communicate that message while doing the things that are necessary to protect american interests in the region. charles: secretary of state mike pompeo promising the latest announcement of a plan to send 1000 more troops to the middle east amid escalating tensions with iran was defensive, not offensive. iran has said it is just days away from enriching uranium to weapons-grade levels that would have been banned under the 2015 deal president trump wii drew from. president is accusing iran of attacking two oil tankers in the persian gulf. iran denies responsibility and insisting it does not want war. we have christian

every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ announcing new legislation that would cancel $1.6 trillion in outstanding student loan debt paid for with the tax and financial transactions sanders tweeting, we bailed out wall street in 2008 and time to tax wall street greed to help the american people. here to discuss fellow at the american enterprise institute and cnbc contributor welcome to you both. i mean, jimmy, my first thought on this is, is it taxing wall street or just taxing anybody who buys or sells a stock or a bond >> i think there is the assumption that this would stop all kind of very reckless trading and people jumping in and out of stocks and that there's no reason for someone to buy or sell a stock on any short-term basis the studies that i've seen suggest it would raise the cost of capital and we don't want that and the weird thing is that traditionally when this has been mentioned, it is to deal with financial volatility some st

every day, invesco combines ideas with technology, data with inspiration, investors with solutions.se the possibilities of life and investing are greater when we come together. ♪ can't see what it is yet.re? what is that? that's a blazer? that's a chevy blazer? aww, this is dope. this thing is beautiful. i love the lights. oh man, it's got a mean face on it. it looks like a piece of candy. look at the interior. this is nice. this is my sexy mom car. i would feel like a cool dad. it's just really chic. i love this thing. it's gorgeous. i would pull up in this in a heartbeat. i want one of these. that is sharp. the all-new chevy blazer. speaks for itself. i don't know who they got to design this but give them a cookie and a star. when it comes to type 2 diabetes, are you thinking about your heart? well, i'm managing my a1c, so i should be all set. right. actually, you're still at risk for a fatal heart attack or stroke. even if i'm taking heart medicine, like statins or blood thinners? yep! that's why i asked my doctor what else i could do... she told me about jardiance. that's right.

. ♪ every day, invesco combines ideas with technology, data with inspiration, investors with solutionssibilities of life and investing are greater when we come together. ♪ thanksno problem.. -you're welcome. this is the durabed of the all new chevy silverado. it looks real sturdy. -the bed is huge. it has available led cargo area lighting. lights up the entire bed. it even offers a built in 120 volt outlet. wow. plug that in for me. whoa! -holy smokes! -oh wow! and the all new silverado has more trim levels than any other pickup. whoa! oh wow! -very cool. there's something for all of us. absolutely. it's time to upgrade. (laughter) charles: influence over hong kong has led to massive the crowds of this week who took to the streets in hong kong over china which is trying to exert the even greater control looking at those images. hundreds of thousands of people protest and some say it was 1 million. a bill that would allow folks to be excited from mainland china and face charges from hong kong so what was this uproar saying about china's justice system and what the relationship between t