republican lawmaker has called for an audit but democrats including jim bell have reportedly voted against the audit. meantime regional dmv officers are struggling to update drivers license or ids. >>> coming up here they are back in action. up next, if the team lived up to their hype this year. >>> your car insurance company might be able to get you out of a $25 ticket. california law allowed drivers to show proof of insurance electronically. if a police officer pulls you over you can pull out your phone. if you don't have your card it is a $25 fine. send us your question. 888-996-tips. >>> first, happening now the search continues for hundreds of people still missing in indonesia as the death toll there continues to climb because of an earthquake. right now people are still traumatized the day after the 6.2 magnitude after shock hit the area. the death toll five days earlier doubled to 259 people. >>> a warning to anyone flying to europe, pilots are staging a strike over their work conditions. it prompted them to cancel 400 flights so far. there could be more. more news coming up after t

democrats including san jose's jim bell have reportedly voted against the audit. dmv offices are struggling to update drivers licenses on millions of californians. >>> the sacred heart backpack drive. they signed up for the program earlier this year. >> one of the reasons is because it is expensive to live over here. they put a burden on the kplunty. a lot of them are moving out. get tg school supplies should be something that schools provide for all of the students. it is an extra expense. >> today families can pick up supplies starting at 8:00. it is happening at the sacred heart kplcommunity service. >> all right. >>> spoiled milk, dead fish, boogers. >> are you brave enough to try them? it is the fifth edition of bean boozled contest. ten are weird and wild flavors that look like ten classic flavors. the only way to find out is to take a bite. it is a promotional gimmick for the company. other names of the jelly beans are canned dog food, tooth paste and sting bug. which one will you try first or which one are you dreading the worst? >> there has to be money i

jim bell chef in the white polo shirt. jim is the son of one of the indianapolis survivors. so, james belcher, so this is jim belcher, james belcher jr., and also with us us captain william toti. bill was the last captain of the uss indianapolis, the submarine, 697, and will bass integral in helping achieve the exoneration of captain mcsea. >> and scott robinson. who got is the fabulous photos in the photo section. i'd like to start by asking who here heard about the story of the indianapolis bit watching the 1975 film "jaws." usually that's where most people hear about it. >> did you see it on documentary, hear news about it? trying to think where else -- the last year, who learned loud it in the last year? with the finding of the ship. >> no. there was a article in an aarp magazine. >> a little article in aarp magazine, what they gentleman said. >> a writeup in the new york post about the finding of the ship? >> about the book. >> about the book, thank you. >> so, i heard about it as a 13-year-old who was that nerdy kid that went to library, and i watched it with my father

this is state senator jim bell of san jose. labor groups don't want legislators to intervene with the court's decision and argue it will help more than 2 million workers in california. >> they don't get minimum wage or overtime and social security. that changes with dyna mex. it's a blockbuster case because it changes the status of a large number of workers. >> reporter: there's no indication yet what sacramento lawmakers will do. in san jose, david louie, abc7 news. >>> there's also the possibility of lawsuits that could take years to resolve. >>> a new report suggests google is tracking your whereabouts, even if you do not want them to. an "associated press" investigation found many google services on android devices and iphones store your location data even if you turn off a setting called location history, seeking directions or unrelated searches still lead google to store your phone's location leaving a trail of digital bread crumbs that could be used to observe your travel and target advertising. >>> new questions today a

if failed, three democratic senators declined to vote including jim bell of san jose. >>> the city of walnut creek in contra costa county are throwing a block party today. an effort to get people on access to a variety of government services at the same time. services include child identification kits, library cards, job training information and animal vaccination vouchers. plan from 5:00 a.m. until 7:30 p.m. that is civic center part. >>> last year's oscars was the lowest rated ever. the academy is shaking things up. they announce a new category for achievement in popular film. it is one of several changes the organization plans to make. the award ceremony is also expected to be shortened to three hours, meaning some categories will not be televised to viewers. it is not clear if the changes will be in effect for the 2019 oscars. they always say they will keep it as a certain time and it always goes over, no matter what. >> speech is. >> just let people go up and say thanks. [laughter] >> what i love about the oscars is getting texts from you guys and all of the anticipation. >> we a

. >> reporter: jim bell says the proposed bill could mean big changes. >> another issue is the funding consistency of all the training that would be required if we change the statute. we'll have to train all the officers we change the law on use of force. >> police chiefs and lawmakers say they man to continue reaching out to the community including allowing some to go through what they experienced here today. in san jose, robert honda. >> kofi annan, a diplomat and charismatic symbol of the united nations has died. the 80-year-old made history rising through the ranks to become the first black african secretary-general. his foundation announced his death in switzerland today. in a tweet saying that he died after a short unspecified illness. the foundation said in the statement that wherever there was you evering or need, he reached out and touched many people with his deep compassion and empathy. annan spent virtually his entire career as an administrator in the united nations. he served two terms from 1997 to 2006. when he and the u.n. were jointly awarded the nobel peace prize in 20

a republican lawmaker called for an audit but democrats including san jose's jim bell reportedly votedgainst that audit. meantime, regional offices are struggling to update driver's license and i.d.s, a million of californians. >>> well, happening today, a very special graduation ceremony in santa rosa. 13 dogs with special powers will officially become comfort companions. >> these dogs are from the canine c canine companions for independence and training dogs for 40 years now. one of the pups is going to be matched with an employee from the san mateo county district attorney's office. the dog is trained to help comfort victims of violent crimes while their cases with investigated and while they're going through court proceedings. >> good to see. >>> all right. so coming up, of course, a lot of people want do get outside, enjoy the weekend. it is friday. but, kari, you say today prepare for the heat. >> still going to be hot out there. we have had to deal with this the past couple of days. hot in fremont in afternoon into the upper 80s but, of course, this is not as hot as it gets acro

this is a photo of state senator jim bell of san jose meeting with labor leaders in his sacramento office. they're lobbying against efforts to get the legislature to put a hold on implementing the change. their argument is that independent contractors are under paid. >> they don't get the minimum wage or overtime payment they're not paid social security. that all changes with this case, dinah mex. dynamex is a blockbuster case because it changes the status of a large number of workers. >> construction hauler, salespeople, emergency room, hairstylists and many others could be potentially impacted. there is no indication whether the legislature will intervene or let the ruling stand. in san jose, david louie, abc 7 news. >>> well, some amazing stories are coming out of our california wildfires. body cam video captured the rescue of animals from this vacaville shelter as flames approached last week. next, meet some of the rescuers who saved these shelter pelts in more ways than one. >>> i'm spencer christian. cool and dreary conditions, but a warm-up is coming our way. vial the forecast comi

. >> state senator jim bell says the proposed bill could mean big changes. >> another issue is the funding and consistency of all the training that would require it if we change the statute. we're going to have to train all the officers that we changed the law on use of force. >> reporter: regardless of how the bill progresses, police chiefs and lawmakers say they plan to continue reaching out to the community, including allowing some to go through what they experienced here today. in san jose, robert honda, nbc bay area news. >> robert tweeted about the story moments before we came on-a on-air. you can follow us for updates on stories throughout the day. our handle is @nbc bay area. >>> a rush hour nightmare in the south bay. we are following developments on 101 near morgan hill after a motorcycle crashed into the back of this semitruck and that driver was killed. it happened just after 2:00 on 101 southbound. two lanes of traffic were shut down while emergency crews were on scene. you can see this video from sky ranger. the backup was all the way to south san jose. all lanes have since b

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to "options action."s on the trade. hi seema. >> a whole host of online stocks were on fire this week match, yelp, etsy posting significant gains. take a look at yelp. saw solid growth in paying advertising growths. up 30% for the week and investorings swiebing right on match and tinder delivered strong numbers and less concerned about facebook in an announcement that they made in may. iac after earnings pointed to continued strength jp morgan and capital raising the price targets on shares of iac. popping 25% after the cloud communications company boasted and growth and voice and messaging products there is etsy upped the full yore outlook and jumped 10% of the week the rally we have seen in online consumer-oriented companies speaks to the firmness of the consumer economy scott, back to you. >> seema, thank you so much. mike >> we are going to look at selling a put. buying a stock here, the stock is light nowtrading at an all-time high and want to own it as a lower price we are looking to sell options, t

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >> welcome back to "options action."cks have been on fire what's behind the flower power hi, dom. >> pot stocks have been growing like weed especially today when some of the bigger names in the industry that was once pretty small have made some big upside moves. that was due in part to a bloomberg dnn report that diageo is holding serious discussions to get into the canadian cannabis striend a cannabis trend, and here's a look at some of the standouts from the neighbor north of the border aurora cannabis has seen its u.s. trade the depository receipts game by 20% month to date another canadian company that specializes in cannabis is cronos and up around 70% and then tilray also in the medical marijuana thing north of the border shares have nearly doubled just in august and are up a lot since their july ipo price of $17 a piece. it's worth noting, a lot of these upside names and the moves associated with them have had them on the heels of the nearly $4 billion investment that constellation brand made in canopy with the st

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ sharper vision, without limits.to sun down. a whole world in all its beauty. three innovative technologies for our ultimate in vision, clarity, and protection. together in a single lens. essilor ultimate lens package. purchase the essilor ultimate lens package and get a second pair of qualifying lenses free. essilor. better sight. better life. (indistthat was awful.tering) why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. >>> of welcome back toppingses action time to take your tweets a tweet by los angeles who has a message for tim. tim seymour can at least wear his vest. >> i should have vestedup. this is a well dressed crew. i completely missed my call today. i'm

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to "options action."t of the social stocks to report earnings next week let's get to julia boorstin with a look at what we can expect hi, julia. >> michelle, when snap reports its second-quarter earnings tuesday afternoon investors and analysts will be looking for signs of momentum after user growth and revenue fell short of expectations last quarter. analysts expect snap to grow revenue 38% year over year to 251 maryland they expect the company to lose 17 cents per share in the quarter. that's a cent more than the company lost in the year-ago quarter. the options market is pricing in a 17% move in either direction for the stock. snap's rivals facebook and twitter have suffered since their earnings reports last week on concerns on slowing growth, european privacy regulations and the greater focus on safety and security impacting their bottom lines raising concerns that snap may sub from similar trends particularly when it comes to slowing user growth. since snap's ipo last marches the stock is still down

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to "options action."earnings options next week. what can we expect, julia? >> when snap reports second quarter earnings tuesday afternoon investors and analysts will be looking for signs of momentum after user growth and revenue fell short of expectations last quarter. analysts expect snap to grow revenue 38% year over year to $251 million they also expect the company to lose 17 cents per share in the quarter. that's a creone cent more than e company lost in the year ago quarter. they are placing a 17% move in either twitter have suffered since their earnings reports after a greater focus on safety and security impacted their bottom line raising concerns that snap may suffer from similar trends, particularly when it comes to slowing user growth since snap's ipo last march, the stock is still down 25% webb bush analysts are still concerned adjusting lower to reflect weaker daily user growth we'll see what the ceo says about gaming and other categories that could drive growth michelle, back over to you >> t

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >> welcome back to "fast money," amazon passing aestone, rallying past 2,000 and the move has highlighted a growing trend that might make it harder for retail investors to get in on the rally. bob pisani is breaking it down at the nyse. hi, bob. >> hi, melissa amazon is the first s&p 500 stock to pass the $2,000 mark. it's in rare company and there are only three companies in the s&p 500 whose shares are trading over 1,000 and amazon and booking holdings and alphabet. the old priceline was the first s&p stock to get $1,000 and followed soon there after by google and these would have been unthinkable a decade ago and that's because companies would split their shares to make it more affordable to investors the dotcom era drove up the price of tech stocks dramatically and the financial crisis and it's never really recovered and you know they were just over 100 stock puts of 1997 and that was five splits for all of last year and why don't they split the stock as much as they used to? a lot has to do with institutional investors like vang

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to "options action." to take a look back at some of our open trades. last week dan said walmart was gearing up for big gains on earnings >> to me, walmart has a couple fundamental issues that if they get going on, it'sgroceries, online, better in-store traffic, margin improvement, that sort of thing. if they guide to that, this stock is going above that technical level. you could buy the october 90-100 call spread paying $2.90 for that buying one of the october at the money, it's actually in the money a little bit, calls, 90 calls for $3.40 selling one of the october 100 calls at 50 cents. >> that was a great call walmart soaring on its report, now up nearly 10% since the time of the trade dan, he got dressed up here, put on a tie. >> i did, for you. >> give us an update on the trade. >> here's the deal i think this thing went right to the spot we thought it could go if you had all of those things in line. i think it will consolidate in high 90s and possibly as it gets into the fall, the holiday selling s

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ action" pot stocks have been on fire this month.all the flower power? dom is breaking it down. >> well, pot stocks have been growing like weed especially today when some of the bigger names in the industry once pretty small have made big upside moves that was due in part to a bloomberg report that british diageo is holding serious discussions about a possible deal to get into the canadian cannabis industry per sources familiar and that has made it a very constructive cannabis kind of month. here's a look at standouts from america's neighbor north of the border aurora canada has seen its u.s. trade into positive receipts gain by 20%. just month to date. another canadian company that specializes in cannabis inventions is kronos up around 60% this month. canopy growth another company in canada up around 70% there's till ray which is also in the medical marijuana thing north of the border. shares have nearly doubled just in august and up a lot since their july ipo price of 17 bucks apiece it's worth noting a lot of these upside names an

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to options action seema modi is atork stock exchange. >> forget fang stocks, like facebook, amazon, and all have seen significant gains and take a look at yelp and the service beat on the top and bottom line and saw solid growth and the revenue guidance did come in a little light and it's still up 30% for the week and investors swiping right on match that stock soaring more than 30% as tinder delivered strong subscriber numbers and the street seems to be less concerned about facebook taking market share away from match when it unveiled its own dating product and an announcement facebook made at the fa developer's conference in may. iac pointing to continued strength and bmo capital all raising their capital on shares of iac and plus shares of trulio popping 25% after the cloud communications company boasted a surprise profit compared to an expected loss and cited growth in voice and messaging products and then there's etsy which surprised by upping its full-ier outlook and that stock jumped more than 10% for the week a

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ applebee's to go.t $5 off $25. now that's eatin' good in the neighborhood. i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> welcome back time to take some of your tweets our first fan marko asked when is a buy right an appropriate trading strategy mike >> well, first of all, buy being the operative word here, you have to like the stock you're going to be buying the right part is generally a good strategy, particularly good if you don't think there is an upcoming catalyst that

into swedish society may become they become a swedish says me because i am also an immigrant from bell. jim as the as long as they become swedish and they work and they do a normal swedish things it's absolutely no problem as long as they they can keep their religion they can keep their culture but they should speak swedish and they should work if miniger immigrants here feel like they're they're not included in a society police told us they are always invited to meet him it's like this one many parties. have a lot of meetings so. i thought if. a lot of people would lie don't like the openness that's why they call the police it's always like this one it's on two two elections sweden will hold the general election in just ten days tensions are high ahead of the national vein to that could be historic the ruling left wing social democrats the oldest and largest party in sweden could see its worst result in the last one hundred years as right wing ideas are gaining more and more popularity. from sweden. the u.s. is accusing russia and syria of endangering civilians by targeting terrorists in t

. >> twitter >> and your favorite for the opening bell >> jim cramer and carl quintanilla. >> well, that's should be a show on its own. next up, patrick tucker asks @jimcramer a serious question are accounting issues always because of some level of shadiness, or can honest mistakes be made this is -- i could spend a whole segment -- i may have to do a whole segment on this some day, because the answer is honest mistakes can be made, and a lot of times my rule will keep you out of a situation where there is an honest mistake and then the stock takes off. but there are other cases where it's not honest and you lose everything so i am going for the maximum risk situation as opposed to the minimum one. and i can't really tell from the outside which is which, which is why i'm so cautious. now a tweet from samuels my brother is 26. should he open a roth or traditional ira to get his savings going? i prefer the roth. @jimcramer you repeatedly said you prefer individual stocks under etfs do you have a write-up somewhere explaining why i do want index. i want a s&p 500 fund and your first 10,000 th

she worked for him on numerous occasions, fox news did a tribute, but threw up a photo of patty la bell. jimothing like aretha franklin. this is aretha franklin, put some r-e-s-p-e-c-t on her legacy. >> you've made an aretha franklin birdman reference. >> i'm glad you caught that. i appreciate that. we're here, ari. >> we're all here, all in it together. my thanks to baratunde, henrik and somya. hing. even "vengeful vermin." not so cute when they're angry. and we covered it. talk to farmers. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ it was always our singular focus, a distinct determination. to do whatever it takes, use every possible resource. to fight cancer. and never lose sight of the patients we're fighting for. our cancer treatment specialists share the same vision. experts from all over the world, working closely together to deliver truly personalized cancer care. specialists focused on treating cancer. using advanced technologies. and more precise treatments than before. working as hard as we can- doing all that we can-

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> time now for our final trades, our good friendo the nation's capital. >> and off to dublin on sunday to play some golf with my family but i like starbucks as my final call for the day. >> that's an interesting one tell us why. >> we have the new alliance with alibaba. they have a great alliance with nestle and they call it the global coffee alliance almost a 3% dividend the stock, i think, continues to provide really good value. if jack mah can help them sell coffee into china at that's valuations, i want to own it. >> jim. >> ibm there's a rumor of an activist taking a position. i don't know if that's true or not but i know the company is ripe for an activist to come in and cut costs. i like it. >> steve. >> tableau this is on sale, it's a buying opportunity. i've got a huge gain in here, almost double. i may buy more down here ultimately this company is going in the right direction part of the confusion is, by the way, with some of the accounting standards that are mucking with the bottom line. so i like it. >> joey. >> best buy

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> you know who has been hurt the most by these chinesens? hedge funds. i'm being a little bit facetious but when you think about it, maybe i'm not. hedge fund managers have lost billions of dollars shorting stocks ever since the trade war began in ernest. why is that? they saw all the negative related china headlines and made a rational decision to bet against all sorts of stocks yet these bets aren't paying off the trade war isn't producing the kind of short walls that in theory should have kicked in this quarter, and natural selling makes it so they can cover lower. i will go a step more. i bet they had the biggest percentage of longs versus shorts we've seen since the 1987 crash, when the economy kept chugging along but hedge funds kept shorting stocks that it was a predictor where the economy was heading and was anything but accurate all these tariffs have to wreck the economy, don't they? they know just enough to hurt themselves as written at the end of june, they believe, and i quote, ghost of smooth holy seems to haunt trump. the b

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ you need a higher standard of craftsman.ourself at the lexus golden opportunity sales event. get 2.9% financing on the 2018 ls 500. experience amazing at your lexus dealer. >>> you want to stir up a hornets nest, bring elizabeth warren on to give large companies, think employees, more of a voice in the corporate board room >> it's not anti-business. this is saying to businesses, hey, what you need is you need a little more diversified board and you need ceos and top executives who are in sentvised not just to think in the next quarter, but to think longer about how this business works. that's going to be good for everybody. >> i know warren's populous proposal doesn't have much of a chance of actually passing and some say it should be dismisseded out of hand as stealth socialism. i think that's nonsense. it's known to have gravitas. who hasn't said ceo pay has gotten out of control compared to what workers made 30 years ago the gap between ceo awards and stock options and compensation was much more narrow the medium wage has

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ david: breaking news.t trump is hosting a roundtable right now, with state leaders on prison reform, to push them passing the first step act in congress. this is one of the few bipartisan bills in congress. supposedly will help reduce crime, mend families, save taxpayer dollars. that is how they describe it. the white house and several governors state attorneys general that have already implemented similar reforms in their own states are there in attendance, along with cabinet secretaries and administration officials. we are monitoring this so far. nothing unexpected is happening. if the president says anything or takes comments of interest to you, we'll go to them right away. melissa: chaos in venezuela with socialist policies making a total mess of a country once overflowing with petrodollars. one million refugees fled to colombia in the past year-and-a-half. our united nations ambassador nikki haley visiting the colombian border today, announcing $9 million in venezuelan aid. rich edson with the latest.

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ connell: at this time yesterday, it was crazy. we had double the courthouse drama. today the white house playing defense around the cohen guilty plea, manafort convictions. hillary vaughn on the north lawn. what is the latest, hillary? reporter: hey, connell. white house press secretary sarah sanders trying to put as much distance between the president and two people in his inner circle, two former trump allies, paul manafort, michael cohen. sanders dismissing the charges against the president's former campaign manager, paul manafort, saying the felony charges on bank and tax fraud have nothing to do with the president, the white house or his campaign. sanders also pushing back against trump's personal lawyer, michael cohen, after he pled guilty to felony campaign finance charges and point the to the president for the reason he paid off two women with hush-money. >> just because michael cohen made a plea deal doesn't mean that implicates the president on anything. reporter: the president also addressing those two payments today. i

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ apple.ng another record inter day high, on pace for a fifth straight day of gains. ryan white, and timothy lesco, welcome to you both. take a bit of a turn, ryan i want to ask what it would have been like in the past few years if apple only had to report twice a year think of the iphone ramp, how hard it was to understand what was going on with logistics, with demand, with carriers would that be a good or bad thing for investors? >> there are puts and takes for this it is easier for analysts if we didn't have to come together every quarter, write reports, go through models i would say a six month lag in information could create more volatility i think there's different aspects to this that have to be taken a look at. it is difficult enough for people to get numbers right on a quarterly basis for apple iphone, think of six months and volatility and rumors that come out in the media. >> your take on apple now, it is not an expensive stock by traditional measures, it had a run that a number of

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ with pg&e in the sierras. and i'm an arborist sinceet of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. what guides me is ensuring that the public is going to be safer and that these forests can be sustained and enjoyed by the community in the future. >>> welcome back here's the market picture at 12:53. we've retaken 25,000 on the dow. the dow is well off the lows, still down 200 notmaking light of the big sell-off s&p down a bit more than three-quarters of 1% nasdaq, the tech is getting hammered today we mentioned chinese internet stocks that are down big the nasdaq itself not immune to any of it. the nasdaq is down by 100 points at this moment we're answering your questions now. first up, brian says pete, my fellow viking, what do we do abou

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ tap one little bumper and up go your rates.your insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ your but as you get older,hing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. >>> right now amazon is at $1999.77 >> hello, dolly. >> yeah. >> so we'll be watching this all right. so tim, to the pitch america pot, and they are not hot for tim's pot trust. he had the had the melled onnios of puff the magic dragon no toni braxton. >> time for the fin

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ but prevagen helps your brain with an ingredient originally in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. the kayak explore tool shows you the places you can fly on your budget. so you can be confident you're getting the most bang for your buck. alo-ha. kayak. search one and done. it can detect a threat using ai, and respond 60 times faster. it lets you know where your data lives, down to the very server. it keeps your insights from prying eyes, so they're used by no one else but you. it is... the cloud. the ibm cloud. the cloud that's built for all your apps. ai ready. secure to the core. the ibm cloud is the cloud for smarter business. >>> final trade. >> the dollar goes higher and that's deflationary and you buy bonds. >> karen >> i like macy's we saw it washed out yesterday >> i'm buying nvidia on weakness and the touring launch is going to be important for them and the gross margins weakness not so buy nvidia. >> i like cisco here. u thanks for watching and

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bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ trish: amazon joining the running to acquire landmark the move would increase amazon's media expansion giving the online retailer access to over 50 heaters in 27 markets across the country. the movie chain is owned by billionaire mark cuban and todd wagner and primarily focuses on independent and foreign films. >> sec subpoenaing, did i say that, as they investigate tesla elon musk claims about the potential buyout of his company. charlie gasparino -- >> does that mean cuban will be actually richer now? mark cuban actually richer. trish: yeah. maybe -- >> i have got an email. trish: a run in 2020. he has been talking about that. >> it is interesting. he has been keeping his powder dry lately with the attacks on trump. trish: i noticed. >> i found that odd. like he is, like that he is planning something, he is not leaving a paper trail, but we'll see. i guess we have to get to this story. trish: another billionaire. >> another billionaire, mr. musk. here is the problem from what we here inside of the musk camp so to speak. you should know

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ - anncr: as you grow older, -your brain naturallyich may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. >>> sooner other later, the short sellers will keep betting against tesla are going to realize that they're like wile e. coyote chasing off the roadrunner from the moment elon musk announced he planned the take tesla private, they have been acting like they finally have him. surely this time there is no way for the roadrunner to escape somehow they believe the feds will look at this tweet and we have enough of this nonsense musk is out. but that's not how the world works. today muscatels us he has brought in goldman sachs's financial advisers, hires some top-notch lawyers too. maybe this

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bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ what's critical thinking like?tball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley >>> there are a lot of brilliant short sellers out there, yet they all tend to make the same mistakes you can be the most rigorous person on earth. you can have a super human ability to smell a ratter, or know when a company is on thin ice with the government. but there are four fundamental problems that make shorting stocks especially dangerous. problems that are bedevilling these professional pessimists as they confront perhaps the greatest short buster in modern memory as they confront elon musk ♪ hallelujah yesterday when musk tweeted that he had the financing lined up to take tesla private at $420 a share, he gutted the short sellers. i mean guillotined them. i think this is a great example of why it's so tough to bet against individual companies even if you think

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the fact that john brennan, jim clapper, mike hayden sounding the alarm bells in the way they are shouldou had the president in helsinki a handful of weeks ago, standing next to the russian president, questioning the intelligence community's assessment. dismiss it, really. now you have a president firing a former leader of the intelligence community and citing the russia investigation. does putin cheer this kind of thing? >> of course he does. it's just more chaos, more kind of dismantling of the u.s. system, of the transatlantic alliance. you know, at this point, sanctions doesn't matter. it's all about shaking up our system, taking it down a notch, instead of bringing russia up. i have to say, though, because the russia collusion investigation it personal, it is about trump. it is about his victory in the election. it is about his legitimacy as president. so in some ways, it's not totally surprising that he -- that president trump takes this so personally. that this isn't about national security, this is about him, donald j. trump, who criticizes him, who undermines his legitimacy. i'm

mike santoli, lindsey bell, and jim lecamp good afternoon to you all. mike, clearly the net effect on markets or the s&p 500 for this week has not been negative >> it's mild for months my case has been my belief is that trade is an overall issue. it wasn't the big make-or-break swing factor it's a net negative if it goes wrong. it's an annoyance, a bit of friction as dramatic as this all is what we're watching today i think you have to step back and say worst place gnat nafta is the law of the land and the market kind of gets that. and when it comes to this particular negotiation, so the stakes seem high, it's kind of amped up in terms of the emotion level versus what you would expect or hope for but unless we actually see the president imposing tariffs on cars called chevrolet equinoxes and dodge charges that come back to the united states, i don't know if the market has something to react to right now. >> it is hard to break down the rift in diplomatic relations, or mike, is this the friday before labor day and we're going to come in tuesday with anot

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bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> alibaba soaring after its earnings report, onening of a bigger breakout. more "squawk on the street" right after the break. >>> we have seen big earnings wins this quarter for the retail sector as chain stores work to compete with their counterparts. ace hardware is the largest retail owned cooperative in the world. welcome, john, nice to have you. >> thanks, sarah, good to be with you >> it has been a hot quarter for retail, with sails ales and tra coming in above expectations, are you seeing that trend as well in your business? >> yeah, we had a great quarter. sales were up 6.4%, earnings were up 6.2% so, yeah, you're seeing, i think the bifurcation of winners and losers >> what's working within the store that's helping fuel those kind of sales within these do it yourself home improvement chains >> we do good with some very impressive with some very large companies. you don't catch me saying anything bad about those folks we find ourselves in a very different position, it's part of that bifurcation story they're more about home

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bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ dow is way off the lows of the day.n 120. >> we cut our losses a lot. >> up next we will talk chinese stocks which should plunge after tencent said profit declined. what does it mean for the broader chinese market and tech stocks across the globe? that's next. -here comes the rain. [ horn honking ] [ engine revving ] what's that, girl? [ engine revving ] flo needs help?! [ engine revving ] take me to her! ♪ coming, flo! why aren't we taking roads?! flo. [ horn honking ] -oh. you made it. do you have change for a dollar? -this was the emergency? [ engine revving ] yes, i was busy! -24-hour roadside assistance. from america's number-one motorcycle insurer. -you know, i think you're my best friend. you don't have to say i'm your best friend. that's okay. you don't have to say i'm your best friend. your digestive system has billions of bacteria, but life can throw them off balance. re-align yourself, with align probiotic. and try new align gummies, with prebiotics and probiotics to help support digestive health. >>> we're b

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bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ no, what??switched to geico and got more. more? got a company i can trust. that's a heck of a lot more. over 75 years of great savings and service. you can't argue with more. why would ya? geico. expect great savings and a whole lot more. >>> welcome back to "the closing bell." 30 minutes left of trade let's check in on some the individual stocks to watch electronic arts ea falling after delaying the arrival of battlefield 5 by four weeks. executives say final adjustments need to be made to the game and will now be released november 20th as a result the stock is down 9% largely because of course the delay still means it's going to make the holiday shopping period, but it was already a highly anticipated game with the delay questions about whether it's going to be as good as people had hoped >> also leaving the door open for a potential sale of the company. this morning becky quick did ask warren buffett if berkshire hath away with its ownership of kraft hines would be interested in buying here w

bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back toyota is reportedly set to investin uber to work on driverless car technology according to dow jones at $72 billion, and that brings us to today's quote of the day it comes from the uber ceo outlining a shift in uber strategy which along with driverless cars could change the way we use the service in an interview with the financial times he details a plan to move away from cars and towards electric bikes and scooters for shorter trips saying, quote, during rush hour it's very inefficient for a one ton hulk of metal to take one person 10 blocks >> although the company makes less money from a bike ride than by car, he hopes it'll pay off in the long run saying quote, we are willing to tradeoff short-term economics for long-term engagement i found in my career the long-term engagement wins wars >> but said it would lead to higher proportion of longer rides and less congested roads i have to say there's a lot of debate ability who has a better walk at the open of the show there was no debate who was better on the scooter.