we're going to talk to john chen >>> later on, the crisis in puerto rico as the president waves the hotly debated jones act. >>> and we'll hear from paul ryan on the tax plan and a lot more later this hour dow has gone green and stayed t,p e for a bi u16 don't go away. . if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. want sure!ck? alright, looks like we've got chips, popcorn, pretzels? pretzels! plain, sourdough, spicy, sesame, honey mustard, chocolate covered, peanut butter filled, this one's in german, it says, "reindfleisch?" plain. great. so what are we gonna watch? oh! show me fall tv. check out the best of the best hand-picked fall shows on xfinity x1, online, and the xfinity stream app. thirsty? >>> blackberry beating second quarter earnings with a higher than expected revenue on the heels of a pivot away from hardware focusing on software mobility and security. shares up double digits this morning, right no

one excited about blackberry shares seeing a big bump on the ba oanarngsurise we'll hear what ceo john chen had to say about the future of the company when we come back. >>> shares of blackberry soaring today up by 13% after a strong earnings report where the company reported record software services for the quarter john chen told cnbc this northern he's happy with the company's direction but there are potential headwinds in their future >> we have a consulting surfaces from cyber security, and that, you know, is starting to get into a very sizable range now. so we have to deliver that we have to have enough people and trained personnel around the world to deliver that. we're very big in cars in auto. we won a number of autonomous driving platform but those are going to g -- revenue is going to come later when the car is being shipped. so, you know, there's a -- there's still road bumps going along the way, but not so much that it will get ourselves off the track. >> and here's a thought here for you, john, how about getting back into the phone business >> i was going to say, i didn't hear

the ceo of blackberry, john chen, wi be lljoining us next on "squawk alley. don't go away.emerging markets obsolete? at pgim, we see alpa in the trends, driving specific sectors of out performance. where a rising middle class powers a booming auto industry. a leap into the digital era draws youthful populations to mobile banking and e-commerce. trade and travel surge between emerging markets. everyday our 1,100 investment professionals around the world search out opportunities for alpha. partner with pgim, >>> we take you to washington, d.c. steve scalise making his first appearance on the house floor since being shot june 16th in virginia on that day, taken to the hospital in critical condition and 106 days ler is back at work take a look. [ cheers and applause [ cheers and applause [ applause ] >> the chair wishes to mark the return to the chamber of our dear friend and colleague from louisiana, mr. steve scalise [ applause ] our prayers have been answer his bravery and his family's strength have been such an inspiration to this house and to the people it serves america i

thank you, senator john mccain, for being a hero again and again and now again. lonny chen was the policy director for mitt romney's 2012 presidential campaign and wrote an op ed for "the wall street journal" this week arguing graham-cassidy is republicans' last chance on obama care reform. lonny? what do you think? >> well, yeah, it was the last chance. and it looks like that last chance has gone away. i have a very difficult time seeing where the votes are on this. i mean, obviously there are still two sort of outstanding questions around lisa murkowski and susan collins. but i don't see either of those individuals voting for the bill. so i think this opportunity has passed for republicans. >> i mean, what is your diagnosis of why this keeps happening? >> well, i think there's a couple things, chris. i think people don't realize that republicans disagree a lot more on health care policy than people really understand. i think that drove the failure of the first effort back in june. you know, you talk about the medicaid expansion as a perfect example. you've got some republ

john podesta. >> thank you. >> for more on the backlash to a potential daca deal, jennifer rubin, "washington post." lonny chen, senior adviser on marco rubio's 2016 presidential campaign. a few of my favorite reactions. hannity blaming congressional -- if the reports true 100%, i blame rs. they caused this, they wanted him to fail, and now pushed him into the arms of political suicide, if true. breitbart calling him amnesty don. what do you make of the reaction? >> i'm having a wonderful time, i must say, chris. listen, the republicans made a deal with the devil and now they're getting bit. this man they knew was unreliable, they knew was a narcissist, who had no principles, and now he's pulled the rug out from under them. so listen, donald trump will say yes to whoever is in front of him and whoever he thinks is going to give him the most applause. so this is where he is. poor jeff sessions who was called an idiot but stayed on so he could deal with illegal immigration and legal immigration -- how's that going, jeff? trait, i think what's happening now is something very positive. that's kind of need the surf

of it eerie that is a credit to john kelly and the atsident for sticking to it, least with respect to this particular area of policy. betty: thank you so much. lanhee chenhoover institute research fellow. and we have much more ahead on daybreak asia. welcome to the jungle. amazon to take on alibaba. we will look at the company's chinese expansion plans, next. this is bloomberg. ♪ betty: this is "daybreak asia." i am betty liu in new york. haidi: i am haidi lun in sydney. betty, amazon taking on the fight for global dominance to alibaba's home turf. this is a pretty ambitious thing given we know just how dominant alibaba is. it is a monopoly in china. betty: it absolutely is. but you know, nothing really seems to stop jeff bezos these days. and analyst joining us now from san francisco with these ambitions from amazon. why do they want to now go to china? [laughter] >> it is too big a market to ignore. if you look at the e-commerce market, by 2020, china will account for half of the global market, more than that. at the same time, extremely difficult to penetrate. they have tried for the last couple of years. the market share is very low, single digits.