district race wants it to be safe for jim bell, may be competitive after all. that's because termed out nora compose is challenging bell. nbc bay area's political analyst joins us now. both of them very popular politicians. >> this was a last minute deal on campos part. he's a well known liberal with issues such as mental health, education and energy conservation. including a failed bill that would have curbed use in northern california. nora campos is also a liberal. she's focused on women's issues. she's different from bill on liberty. including in a crucial vote against that controversial energy bill. she was joined by just enough moderate democrats to seal the bill's fate. >> these two legislators have a lot in common. >> 2 factors coming into play here. first campos turned out. she's focused on bell's seat. second, campos has financial support. the energy industry needs allies in the legislature, the legislature dominated by liberal democrats. what's happened? the energy expenditure committee has contributed $300,000 on campos's behalf. meanwhile, tom spehr

. >> reporter: south bay senator jim bell has announced a number of bills to beef up the parity laws and says it's unclear how many people are being denied coverage and the complaint enforced system doesn't work for everyone. >> a lot of people with depression related to mental health, they don't bother to complain. that's wrong. we have to have a system that takes care of them adequately without them having to complain. >> she's graduating from healthy teen today. >> reporter: we joined corn blum and friedman from the healthy teen project last month. after 62 days in residential treatment the doctors recomme recommended a part-time residential setting and blue shield declined that treatment, too, deciding it was not medic l medically necessary. blue shield declined an interview request but said our review and appeals is extensive and includes in-depth from medical directors as well as a physician. suggesting that coverage decisions drive the mental health challenges does a d disservice to the ongoing efforts to improve the country's health system. >> we're really proud of her. >> re

. >> reporter: taking a stand against her opponent democratic state senator jim bell in the race for the 15th senate district which covers much of silicon valley. the assembly member says she's been the target of bull yig and intimidation from bell. today she was joined by current supervisor darcy green, herself a candidate campos' position. baseless charge that she's issued. >> kaiser permanente also released a stayment saying any claim that senator bell talked to us about ms. green's employment while a candidate for the assembly is simply not true. san jose state plight cal science professor melinda jackson says she's not surprised by the mudslinging especially since the two are from the same party and vying for the same seat. >> if there aren't a lot of issues that distinguish them, then the focus tends to go more toward character issues, personality. >> voters will go to the polls for the california primary on june 7th. chris nguyen, abc 7 news. >>> let's talk about this absolutely stunning weather outside that is changing, awfully hot today but it won't stick around that long. >

. >> nora campos came out firing against her opponent jim bell. >> we, as women need to be united and say we'll not take this anymore and will not be bullied with dirty politics. >> current santa clara board of education president darcy green, a candidate for campos's current position. >> just happened. it's going to happen more and that is why they don't run for office. >> is this political theater? is this truth? state senator saying his record speaks for itself. >> she has a long record and we're not surprised by this. it's another baseless charge she's issued. >> saying san jose state political science professor melinda jackson says she isn't surprised by the mud slinging since the two are from the same party, vying for the same seat. >> it can backfire. if the person attacking is seen as being unfair or too harsh. >> voters will go to the polls on june 7th. >>> a city council member wants to create an independent commission to monitor police officer behavio behavior. it would allow residents to file complaints of police misconduct. >> so it's more direct, more responsive, more ac

. >> nora campos came out firing against her opponent jim bell. >> we, as women need to be united and say we'll not take this anymore and will not be bullied with dirty politics. >> current santa clara board of education president darcy green, a candidate for campos's current position. >> just happened. it's going to happen more and that is why they don't run for office. >> is this political theater? is this truth? state senator saying his record speaks for itself. >> she has a long record and we're not surprised by this. it's another baseless charge she's issued. >> saying san jose state political science professor melinda jackson says she isn't surprised by the mud slinging since the two are from the same party, vying for the same seat. >> it can backfire. if the person attacking is seen as being unfair or too harsh. >> voters will go to the polls on june 7th. >>> a city council member wants to create an independent commission to monitor police officer behavio behavior. it would allow residents to file complaints of police misconduct. >> so it's more direct, more responsive, more ac

. >> reporter: south bay senator jim bell has introduced a number of failed bills to beef up california's parity law. he says right now it's unclear how many people are being denied coverage and argues the complaint-based enforcement system doesn't work for everyone. >> a lot of people with depression and other illnesses like that, they don't bother to complain and that's wrong. we have to have a system that takes care of them without having to have them complain. >> she's graduating from healthy teen today. >> reporter: we joined them on their way to the healthy teen project last month after 62 days in residential treatment, doctors recommended the part-time hospital setting but blue shield failed to cover that treatment, too. citing last november, it was not medically necessary. blue shield declined an interview request but wrote in an e-mail, our review and appeals process is extensive and includes an in-depth assessment from our medical director as well as a third-party physician. the industry group suggested that coverage decisions drive the mental health challenges does a disservice

. >> south bay senator jim bell introduced a number of failed bills to beef up california's parity lawpeople are being denied coverage and argues the complaint-based enforcement system doesn't work for everyone. >> a lot of people have depression and other illnesses like that related to mental health. they don't bother to complain. that's wrong. you have to have a system that takes care of them adequately without having to have them complain. >> she's graduating from healthy teen today. >> we joined them on the way to the healthy teen project last month. after 62 days in residential treatment, doctors recommended the part-time hospital setting. but blue shield failed to cover that treatment too, deciding last november it was not medically necessary. blue shield declined an interview request but wrote in an e-mail. our review and appeals process is extensive and includes an in-depth assessment from our medical directors as well as a third-party physician. industry group ahip wrote suggesting that coverage decisions drive the mental health challenges does a disservice to the ongoing effo

accident in blue bell just cleared, jim, brooke, back to you. >> thanks, meisha a gender reveal parties are all of the rage for expect and the parent? how about for four month old penn wynn? at adventure rhea car yum, pink for a girl. when penguin are born it is not known if they're male or female. see them waddling around on adventure aquarium penguin islands. still ahead on "eyewitness news" this morning. it is early. a day dedicated to nurses. >> that's right. but first here is a look at what's on tonight on cbs-3. >>> a frightening dog attack tops this morning's headline on cbs-3. police say 27 year old woman actually jumped on the hood after police car to get away from a large pitbull. it happened on the 3200 block of north american street around 11:00 last night. she is in stable condition. police shot and killed the dog whose owner lives on the block. >> the search is on for vandals who through rocks and bricks from a bucks county turnpike overpass. one person was hurt, and several tractor-trailers were damaged near the bristol oxford valley road overpass last night. >> another m

bell today. and noted investor jim chanos reported he is still --. saying the country is still quote, the gift that keeps on gives for the short side. he questions some of alibaba's financials. >> we are short it. for accounting reasons. we have questions on the metrics and the cash flow. and the biggest side of the business, the fulfillment is unconsolidated on their financial statements. i suspect the business is unprofitable and that they are funding it from the cash flows from the parent. so therefore there are no real free cash flows a t alibaba. >> here to take a look is jian shi. first what's your reaction to jim chanos telling cnbc he has concerns over alibaba. do you think those concerns are warranted? >> i think certainly he raised some interesting questions. but i think when we look at company's fundamentals is -- is most important -- company in china. and talking to customers and chinese consumers the company is doing really well and pulling forward china's e-commerce growth. so i still believe in the stock quite strongly. >> on that grow

bell." as mentioned, much more of the interview with jim top of this 6:00 hour. that does it for us on "closing bell." "fast money" begins right now. >> "fast money" starts right now. live from the nasdaq market site overlook times square. tonight on fast, legendary investor said investors have it all wrong about the fed. he'll be here to explain in just moments. plus, forget about opec. something else is driving oil that could determine the fate of the market. later, lending club becoming just the latest company to have a ceo resign suddenly. a shakeup may not necessarily be that bad for the stock at all. but first, we start off with a familiar fear returning to the market. all the major stocks heavily tied to china. falling hard today. look at joy global, caterpillar, fears of a chinese slowdown. copper feeling the pain. are we starting to see the familiar fear of china and a chinese slowdown back into the market? guy, what do you think? the last time the fear was in the market, that was a very bad time. >> the fear is back. but a lot of this has to do with the

we will ask former virginia governor jim gilmore who dropped out of the race in february, that very question. find out next on "countdown to the closing bellnd by, governor. tesla is hitting a roadblock, they lost less money than analysts were expecting and sales jumped 46% in the first quarter. the company did announce plans to rev up production of model 3 sedan in order to have 500,000 cars build by 2018. shares of tesla down 4%. >>> where he's going, he doesn't need roads. frankie zapata setting a new guinness world record for the longest hoverboard flight. he won the title by flying 3400 feet in southern france. the hoverboard is powered by a jet engine. lots more "countdown to the closing bell" with liz claman straight ahead. stay with us. . >> i don't think that the indicators that we like to focus on are signaling a recession, but watching them carefully. there's basically two or three indicators that investors should look at that are almost fail-safe in indicating recession is coming. liz: don't you want to know what the indicators are? that's doubleline capital ceo jeff gundlach. you need to watch this tomorrow 8:00 p.m. eastern.

bell." as mentioned, much more of the interview with jim top of this 6:00 hour. s on "closing bell." "fast money" begins right now. >> "fast money" starts right now. live from the nasdaq market site overlook times square. tonight on fast, legendary investor said investors have it all wrong about the fed. he'll be here to explain in just moments. plus, forget about opec. something else is driving oil that could determine the fate of the market. later, lending club becoming just the latest company to have a ceo resign suddenly. a shakeup may not necessarily be that bad for the stock at all. but first, we start off with a familiar fear returning to the market. all the major stocks heavily tied to china. falling hard

kamau bell and his series yoet u series "united shades of america." i'm jim sciutto. we'll see you next time. [ wind blowing ] ♪ ♪ ♪ ♪ ♪ ♪ i took a walk through this beautiful world ♪ ♪ felt the cool rain on my shoulder ♪ ♪ found something good in this beautiful world ♪ ♪ i felt the rain getting colder ♪ ♪ sha, la, la, la, la, la, ♪ sha, la, la, la, la, la, ♪ sha, la, la, la, la, la, ♪ sha, la, la, la, la ♪ [ man in street speaking greek ] [ ferry horn ] ♪ [ man speaking greek ] ♪ ♪ >> anthony: people who come here, stopping in naxos, are they island hopping, or are they coming is this the destination? >> lambros: well, i mean, island hopping happens a lot during the summer. so, you know, as someone who's arranged to have like a two-, three-week vacation in greece will probably want to visit like at least two or three islands. >> anthony: mm-hmm. so how many islands in this island group? >> lambros: the cyclades? >> anthony: cyclades. >> lambros: is it about 15. maybe more. there's andros, tinos, mykonos, syros, paros, naxos, um -- >> anthony: tito and jermaine. [ lam

jim. another down day on wall street. dow jones fell 99-point on wednesday, nasdaq fell 37. blue bell is recalling more ice cream, this time it is not because of listeria, some at cream was mislabeled. rocky road packages and cookies and cream that flavor is showing which is not the listed on the the box. consumers with allergies could be a at risk. company says no illnesses have been reported. you tube could be working on a paid subscription tv service. it will be called unplug, and offer customers bundled cable channel streams over the internet and expected to start as soon as next year. >>> get ready to sing along to apple music. apple is retooling its music streaming service, one change karaoke style lyrics. apple is working with music labels to show lyrics in real time as the music is playing. brooke and jim, do you like karaoke. >> i do? i think that is cool. i always want to know, sometimes i am trying to figure out what are they saying. >> i don't understand most of it, you know. thanks, jill. >> we know that. >> no winners this morning in the the power ball jackpot and now it

kamau bell and his series yoet u series "united shades of america." i'm jim sciutto.nd blowing ] ♪ ♪

jim, markets off to their best day in two months. dow jones gained 222 points, nasdaq rose 59. macy's reports its latest earnings before the opening bell this morning, analyst expect the biggest sales drop since the financial crisis. there are a lot of questions about whether department stores and old school retailers can compete with fast, fashion, like forever 21. analyst say millennials want trendy less expensive clothing they can wear once, post pictures of on social media and then move on. >>> amazon is taking on you tube with a new video service. users can up load their own videos to amazon's prime and then get paid, amazon will share a portion have the royalties, based on the hours streamed. >>> and get ready to toast america this summer, budweiser owned by a company in belgium, still brought though in the united states is renaming its beer america. you'll see new name on bottles and pledge of allegiance and lyrics to the star spangled banner. the marketing campaign america is in your hand will last through the election in november. >>> brooke and jim. >> something new on the store shelves. >> thanks, lot. >>> in other news, new

jim, back over to you. >> the phillies try to split their series with st. louis. >> and new contract for a former flyer. sports director don bell has the details. >> the phillies were smoldering hot when they landed in st. louis, cardinals sin put them on ice. rough way it start ten game road trip. how about the series finale yesterday in st. louis, first inning brandon moss gets ahold of one and it is a big fly. like really big. 462 feet. it is the fourth longest homerun in bush stadium history. and the longest ever for lefthander there. phillies trying to rally in the night. two men on. check out steven, playing today, shift, nice grab on the warning track. so the cards, they get out of the jam, they win it four-nothing, phillies shut out for the first time this is season, they lose three out of four in st. louis. play the marlins in miami today. hey, 44 years old, and still playing pro hockey. jagr just signed one year deal to return to the florida panthers. the former flyer led the team with 66 points this season. also this year he became third on the all time points and goals list bypassing gordy howell and brett hole holt

bell pike. make note of that in this area jim, over to you. >>> our next update 8:25. weight loss break through using a balloon in your belly. i'm jim donovan. to enjoy a nutritious, hot meal. which gives him the energy he needs to connect with his grandson, so he can teach him how to land the big one. when older pennsylvanians make the most of programs supported by the pennsylvania lottery, like hot meal programs, we all benefit. learn more at palottery.com. the pennsylvania lottery benefits older pennsylvanians every day. >>> good morning, it is thursday, may 26th, 2016. welcome back to "cbs this morning." there's more real news ahead including japan's prime minister scolding president obama in public. we'll hear a response from ambassador to japan caroline kennedy. >>> first, here's today's "eye opener" at 8:00. >> clinton says she's been incredibly open, but the report said she should have turned them over when she left the state department. >> donald trump imagines running competitively in california, but his greeteding in anaheim suggested otherwise. >>> powerful

jim, back over to you. >>> well, phillies wrap up a ten game road trip tonight with one more game in at the plant a here's sports director don bellith your morning sports. >> failure is a big part of baseball. think bit, 300 hitter only has success three out of ten times. what the braves is going through is worse. phillies trying to hand them a 12th straight loss, at home. fifth inning we will go phillies trailing three to love. how about ryan howard, going opposite field, 22 career home runs at turner field, most ever by the visiting player. phillies trailed by two. bottom of the inning it is freddie freeman, the braves break their 11 game home losing streak, phillies fall five-one. >>> huge tonight for the nationals, matt scherzer, right-hander was balling, what do we mean by that? he had 20 strike outs. twenty strike outness one game. he only through 23 balls. that ties a major league record. the nationals winning the game three-two your final score. >>> union hosting l.a. galaxy, 63rd mink, union down two -one. rosenbury gets the goal. the at first you don't succeed, try, try again. the his first professional goal and union a

. >>> seven memberships to the opening bell on this monday morning. let's get jim's mad dash.s on well known names. >> united technology, goldman cuts but remember honeywell made its move to buy them. greg hays has done a remarkable job, but this is a sec cular trend. but aerospace has been the maybe the best single theme of this earnings season. whether it be honeywell, whether it be united technologies, whether it be boeing, which was a remarkable quarter. i understand it's already taking off. i understand i remembered people listen to jeff and the ge call about how robust the aerospace cycle is. if it wants to come down you might want to buy this one. >> interesting. short interest on boeing had ticked up. >> some worried about some things with the dreamliner, people worried about the airline companies themselves not doing that well. they should be worrying about a shortage of planes. if you get out of the line, you can't get back in for boeing because the chinese are such veracious buyers. there's an industry where the negativity doesn't dovetail with reality. >> speaking

bell ] >> it is spelled. >> thank you, dr. bailey. good luck to my fellow spellers. thank you and bye. [ applause ] >> jim: how adorable is that?t is adorable. i mean, he's dumb. he couldn't spell the word, but -- so cute. the champion of the bee is going to appear on our show next week to spell against me. see if we can get that kid here. it's thursday night. it's this week in "unnecessary censorship." >> as you snow hillary clinton will not come on fox news to [ bleep ] bernie sanders, but she did take time to [ bleep ] ellen degeneres. >> you're reprotecting a bp bp convention. what does [ bleep ] mean? >> my [ bleep ] got bicker and bicker. >>. >> when you are young you're like [ bleep ] around. >> when i was young, i [ bleep ]ed around a lot. >> you said it was a nice [ bleep ] foreman this morning. i had my name on it. >> you got the big [ bleep ]. you got the big [ bleep ]. >> holy [ bleep ]. >> right now dog [ bleep ]ers are paid more than child care workers. you know, look, i believe [ bleep ]ing dogs. >> that is why i believe we have got to end [ bleep ]ing. [ applause ] >> jimmy: tonight on the show, chefs frank cast

the ceo appeared with jim cramer last night and said the sell-off was a huge overreaction. let's get the rest of the news before the bell landon dowdy live at cnbc headquarters. >> good morning. wall street will try to get back some of monday's gains. rising on the first trading day of the month. the nasdaq snapping a seven-day losing streak after the u.s. economy continues to grow at a slow but steady place. the dow rising 117 points to 17891. nasdaq up to 4817. >> the oculus has been on sale a couple of weeks with. if you're thinking about buying one, test out the device at a best buy. they are going to open testing areas. only in three areas in the bay area will have these, san francisco, san carlos and san jose. i highly recommend if you don't want to do a game like that, they have beautiful worlds you can look around to understand how it works and what it feels like to turn your head and see another world. three locations to best buy. >> i would imagine there will be lines. >> you can make an online reservation. >> interesting. >> these cost like $500. >> you need a really good computer. it's about a $1,500 compute

jim cramer reports later. st. louis fed president james bullard is in california to speak today. and alibaba and merck report results before the opening bellnd we'll hear from news corps, square and gopro after the close. >> tesla posting a slightly lower than expected loss. target moves up two years. it was supposed to be by 2020. but tesla is cautioning that spending will increase as that production ramps up. on the conference call ceo elon musk also suggested his company will be raising capital. have a listen. >> for us to raise some amount of money. some combination of equity and debt. and make sure the company has a good buffer of, you know, cash on hand. >> shares of tesla rising on the report here in the pre market. they were sort of all over the place in the after hours market. popped originally. now up it looks like almost 4%. not everyone is a believer in tesla. at the sohn conference that we were at yesterday, jim chanos says he's shorting tesla. listen. >> one of our historical sign posts of a company in trouble is when numbers of senior people leave over a short people. tesla fits that bill. we have a chart i guess we're going

bell. i like sty there's always a bull mark somewhere. i promise to final it just for you right here on "mad money." i'm jimmer and i'll see you tomorrow. male announcer: tonight you'll see exclusive updates on some of your favorite bosses. - i love it. - whoa! announcer: over the years almost 60 corporate leaders have gone undercover in their own companies. - whoa, whoa, whoa. [crashes] - slow down. - all right, yeah. announcer: from the biggest names in travel and entertainment... to some of the most recognizable fast food chains in the world. - hi, welcome to subway. - hi, welcome to subway. announcer: these bosses have traveled around the globe from alaska to mexico to work alongside their employees to get an unfiltered view of what really goes on behind the scenes. - this water is boiling! lift me up! oh! oh! this was just totally bull[...]. - sometimes i feel like punching an eight-year-old. announcer: some have been horrified to see

bell. david w.: should near announced a new ceo. well-known investor jimreiterated his short on the liquefied natural gas company calling a crazy expensive. spoke with erik schatzker yesterday in las vegas on his outlook on other companies and on the oil markets. one of the concerns is the long-term price of oil and whether we get a move to electric cars and trucks, which would have a huge impact on long-term demand. demand is oneum transportation. we are looking at it. this is far out. who knows. erik: another stock you have taken a close look at. solar city. you criticized it for being a finance company when a lot of people think of it as a solar company. what other companies fit that profile? actually financing companies, but they masquerade as or are perceived to be something else. jim: you have seen the collapse of the online lenders in the past few weeks. it has underscored the growth of shadow banking again. we are starting to see that in the u.s.. businesses that really do finance customers and append on that for a large source of income. you can l

jim cahn, thank you very much. the dow is down 82 points. >> after the bell we'll talk about a story that could drive senator elizabethd. this lobbying group being put together by hedge fund managers. we'll find out why heez hedge funds need a lobby. you're watching cnbc. first in business worldwide. no one speed... no one way of driving on each and every road. funds need a lobby. you're watching cnbc. first in business worldwide. hee funds need a lobby. you're watching cnbc. first in business worldwide. ehee funds need a lobby. you're watching cnbc. first in business worldwide. she hedge funds need a lobby. you're watching cnbc. first in business worldwide. ehe hedge funds need a lobby. you're watching cnbc. first in business worldwide. he funds need a lobby. you're watching cnbc. first in business worldwide. lease the c300 for $359 a month at your local mercedes-benz dealer. i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) mobi

jim cramer about that. you can find out what he's saying next. >>> tomorrow kyle bass will be live from the milk-in conference on what he's betting on right now. that's tomorrow right here on "closing bell." >>> apple reported disappointing earnings last week. conditions in china accounted for a large part of the company's decrease in revenue. ceo tim cook sat down with our jim cramer to talk about the outlook on the region. >> i could not be more optimistic about china. i think the long-term thesis is intact. there has never been anything like it in the history of the world. i'm still as optimistic as i've ever been. >> you can catch the whole exclusive interview tonight on "mad money" starting at 6:00 p.m. what did you think? >> long-term thesis, maybe not saturation over there, but i think this is now a show-me stock. obviously you have to prove in the next couple of quarters you'll see reacceleration. i still think the street has time to figure out what they can expect from this company. >> i think it's one of those that you really do need to watch the stock price. because if it starts breaking through more and more levels, then who knows where it can go. if it does maintain those l

bell in about a minute's time. coming off of best day for stocks since march 11th, jim, as people in the middle of the session decidedwanted to own some more of these things. >> that was an amazing day yesterday because you had oil cooking, the dollar going the right way. you didn't have really any earnings reports that could destroy the thesis, so in the absence of everything the market went higher. we went back and looked at a lot of stocks that reported great numbers and they were all flying. and i think that was important. >> most of the s&p earnings are now in. profit down about 7.4. at the beginning of april estimates were for them to fall about 9.5. it has not been a good earnings quarter but it's been less worse than people thought. >> yeah, just some high profile disappointments, particularly technology. really disappointing. big part of the s&p. >> there's the opening bell and the s&p at the bottom of your screen. at the big board this morning it's turning point brands, maker of alternative tobacco products celebrating its ipo today. over at nasdaq the pajamas program, a nonprofit providing pajamas and book

jim crow. an interesting show we have planned for you. but donald trump's talk about the economy making headlines tonight. what would his policies really mean? here to discuss is economic analyst ali bell shi, and cnn global economic analyst ra na fa rue har. is this 2008 all over again? i think i was like anchoring the newsroom in the middle of the afternoon when we had this. what happened? the dow just went down? what's going on? it's good to see you back here. >> we always bring good news. >> so let's talk about this debt issue. donald trump, cnbc late last week. here it is. >> i borrowed knowing that you can pay back with discounts, and i've -- i've done very well with debt. now we're in a different situation with the country, but i would borrow knowing that if the economy crashed, you could make a deal. and if the economy was good, it was good. so, therefore, you can't lose. >> knowing you could make a deal? that kicked up a whole lot of negative headlines. what do you think? >> that's how it works in the corporate world. when interest rates go up or an industry starts to suffer, let's say you're in the airline industry. either your company is suffering or the entire industry is s

bell." >>> welcome back. they're reportlely in the process of building a $10 million i phone manufacturing plant in india, there after tim cook telling our jimrachler that the company has its sights set on that country. >> this is another huge one. >> okay. >> india will be the most populist country in the world in 2022. india today has about 50% of their population at 25 years of age or younger. it's a very young country. people really want smartphones there, really want smartphones, and this year the first year lte tends to roll out. huge potential. >> joining us to discuss us this ed lee. on the manufacturing side kwharks you do make of it? >> yeah. well, i think this is certainly a smart move for apple. if they can do that, that's important for a whole lots of things. they need to improve their margins. they're estimating that. cheaper you make the iphone, the easier you can sell it not only india but around the world including u.s. at this point people who want one have one or people who don't have one can't afford one. the lower the price you make it, the broader it's going to be. >> there's been some disappointment at the pace of upta

bell. participating in a panel discussion so we were look for some headlines. david: chairman and ceo of mgm resorts international jimjonathan: tomorrow is payrolls day, payrolls out at 8:30 tomorrow. k, jobmate of 200 estimate of 5%. -- basess tomorrow is are all loaded. from bloomberg tv and on bloomberg radio, bill gross of janus capital coming up minutes after those numbers come out. carol massar and david westin, thank you very much. bloomberg markets is next. ♪ >> is 10:00 a.m. in new york. i am vonnie quinn in for betty liu. mark: this is bloomberg markets on bloomberg television. ♪ vonnie: here is what we're watching. alibaba sales surge. the e-commerce company seeing a 30% gain in revenue as they gain new users and sales on mobile devices. excuse me. trumpundlach says donald is extremely comfortable with debt. a closer look at what trump presidency would mean for investors. vonnie: and how tesla's new forecast could change the entire industry. introduce half a million cars a year by 2018?

bell in just under two minutes. of course stocks trying to find their legs after that selloff on friday. and i'm interested, jimwas done, you think. >> a lot. >> really? >> yeah. i think there's a sense that there's kind of no place to hide. that the market has lost a lot of momentum here because in any given time the fed -- saying, listen, we have these hikes. we keep thinking about the hikes, the rest of the world is not that strong. i think we have to find our footing. we've been down, down, down for a bunch of weeks, so we're going to be oversold. but we need some leadership. we need these retailers to say this week, listen, that's what the department store is going for, if the retail can lead us out but they have to tell good stories. >> you mentioned this amazon story before the break, the journal with a piece about how they're moving into private label momma bear and happy belly detergent, diapers, i mean, this is going to impact margins, product placement. >> yeah. look, i know the company can allegedly do no wrong. i do think people like branded product when it comes to some of these things, but when y

bell in just about three minutes or so. a lot going on. we've gotten to a lot of the analyst calls. from january 1st, jimapril, the dow had single digit moves two times. this month we've had four single-digit closes on the dow. >> this reminds me of 1978, 1979 where you're like, wow, geez, nothing happened. today's rally so to speak is based on europe passing the book here. why is europe rallying? because the dollar's so strong. that's the opposite of what we want to see here. so the futures are reflecting an incorrect take. and that's why i think once again we may have one of these things where there's buyers, sellers and they just cancel each other out. it's incredible how there's nothing cooking. nothing. i mean, we've had big takeovers, we've had some earnings surprises. maybe today is a breakout day, but i look at the dollar and i don't think it does. >> what do you between now and the next jobs report, i guess, or yellen on friday? >> minicrossword, i finished it in 45 seconds. >> we've still got negative rates on something like 25% of all outstanding debt. obviously japan's got a lot of outstandin

jim wilkinson and jo ling kent. congratulations on the quarter, sir. looking pretty good. your stock is up significantly ahead of the opening bell. we are very proud of the quarter. there are three things which we're seeing, the first is the power of the chinese consumer. the savings rate and liquidity of the chinese customer continues to be a very powerful drive in that economy. i think the second is obviously our eco system is very strong, our business is diverse from our cloud business to our revenue which is up 40%. i think the third is just the power of the internet. there are 688 million, 688 million internet users in china. 620 million of the 688 use a mobile device and 75% of that base is under 40. so the power of mobile in the internet is really driving that economy and we're the leader there without a doubt. we feel good. >> you have this growth according to your rural release in the landscape in china. what are you doing there? it sounds like you've been able to attract a whole new customer. >> the first thing is with the power of mobile in those rural areas in china, which i visited and it's quite spectacular what is

the opening bell in 90 seconds as chris evans and jeremy renner are with tom farley on the nyse podium doing the honors today. it occurs to me, jimthis is likely to dominate the box office. "jungle book" has been having a nice couple weeks, finding dory doesn't get a lot of attention. >> no, it doesn't. you mentioned that because you're talking about maybe five years worth of movies. i think a lot of people feel every movie is one off. what disney has done is make it so it's not one off. so you may think that espn, which by the way i think the app has hurt it. the espn app is so good. we got to start thinking about this thing as not just ten pole movie but consistent movie, movie, movie, franchise, franchise, franchise, so that makes it so the stock is worth a little more than you think or if it sells off you want to buy it. look at this. we're all going to see it. >> meanwhile it's a busy day of news. a lot of earnings coming in. indiana primary, some of the betting markets now have trump around mid 90% likelihood of getting the nomination. >> it's funny, the best politics stuff other than new york magazine is 538. again, it's a

bell in just over a minute. a lot of hard data today. cpi runs warm, fastest rate in three years. starts were pretty good. industrial production the best in two years. and then oil, jimntioned that's sort of the -- that's what's driving everything comes within a dollar and a half of 50, where we haven't been since october 12th. >> rbn sent data out today about how canada's coming online every single day, pretty soon back to the 3 million barrels. the market was up because of that shortage. have to see what happens with nigeria, venezuela, but the market is kind of in balance. there's only -- there's very little drilling. when you see a san ridge go down today. >> yeah. >> they're well above 50, that's a place went bankrupt. a lot of what's going under are shales above 50. don't think there's going to be a lot of oil going out, they weren't drilling anyway. >> the ceo told us here -- >> oh, chase. how great was he? and yet range did that memorial deal and i thought that was wrong. i thought they paid too much. >> there's the opening bell and the s&p at the bottom of your screen. at the big board today it is networking deal maker juniper networks. we'll talk with the c