let's send it over to julia boorstin with a very big interview coming up. julia?t hudson yards, right now sheryl sandberg is hosting an event for lean-in, talking about a new survey, new study they just released this morning about workplace bias as soon as she's done, she's going to come here and join me for a conversation i'm going to ask her about what's next for facebook after so many calls to break up the company as well as a major at cinupitn.nsio th'somg people know aflac. aflac! but not when to use it. do i use aflac when the kids get slime in the plumbing? no. that's home owner's insurance. slime in my motorcycle. no. that's motorcycle insurance. slime everywhere? ughhh nooo, there's no insurance for that. do they help when i have bills health insurance doesn't cover? yeah! that's it! aflac! gross guys. get help with expenses health insurance doesn't cover. get to know us at aflac.com so, every day, we put our latest technology and unrivaled network to work. the united states postal service makes more e-commerce deliveries to homes than anyone else in the

here's julia boorstin. >> georgia has become one of tht biggroduction hubs in the♪ ♪ ♪ >> but now itsanning abortion after a heartbeat is detected is sparking boycotts fromld hollywood that c put the business at risk. the tax credit drew over 450 omlm project last year drawing a $5.5 billion cing impact according to the georgia governor's office. recent projects include amc's "the walking dead," netflix's "ozarks" andy' dis"black nthe panther" and infinite war. >> you don't think about the smaller cities all over georgia that ae to rural settings and farmland and other areat film producers love to shoot. so it's diffused impact throughout the state. >> but now a number of hollywood producers and stars say they won't work in w georgiah a new law, pressuring the state to repeal it. just this week a new amazon show as well as a lion's gate movie starring kristen wiig canceled shoots set to start in georgea. alyssa milano drawing support from a ran of hollywood names including john stamos, dan cheadle. and it's complicated. the motion pictures on association of america and film studio arg

julia boorstin has the details. >> i know that we don't exactly have the strongest reputation on privacyht t now, put it lightly. but i'm committed to doing this well. >> that commitment to privacy that zuckerberg made earlier this week may bring federally approved regulators into facebook's most senior ranks, according to a new report by politico about the social media sdwrie giant's pending settlement commission over the 2011 commitment to protect users'ac pr after facebook disclosed it expected to pay the ftc between $3 billion and $5 billion, they're negotiating a number of changes to guarantee the protection of the user'sata incruding creating an independent privacy oversight committee. >> if there is andea that there should be a data regulator the way that there's, like,ta mo and currency regulators, that would cut across facebook and snapchat and everything else on the internet. i actually think that could be a more sweeping and way of going about it. >> zuckerberg himself could also be appointed designated compliance officer according to politico which would make him programly ac

julia boorstin takes us to a land not so far away in anaheim. >> let's see se oifg identification. >> is expanding the california park. it opens to the public friday with another similar land nd ning in or lando in the of augus >> star wars is an immensely a popular party giving those to are in the parks a chance immerse themselves on a grand scale in a much, deeper way is a big deal and ihink it will be extremely positive for the division of the company and for star wars, too. i think it will lift the entire fr of star wars. >> technology is incorporated throughout the land including the ability for visitors to unlock droids and a mobile game you can play throughout the space. >> this is the main hold of the millenalum fcon. it's the centerpiece of the mai attraction here at star wars galaxy edge, a ride called smuggler's run, ands even thi space here is entirely high teh andinteractive, so there will be special effects like this one -- inspiring visitors to come and play along. >> disney raising prices ahead of the debut o this new expansion. parks chief saying they haven't seen any

back to you. >> we will look forward to that, julia boorstin chinese attendance of shanghai not sureo be done at all no trade war there >> not surprised about that at all. the different verticals that bob iger has been able to create over the years and you talk about a guy who has put money into content and they continue to develop themselves into something that they were aren't and i do say they were late to remming and now you look at espn plus and i think they're doing right, they haven't been in two or three years with the purchases and the investments that bob eager has made and i think they're starting to show up as we show up ferthser in 20 and 21 certainly in studios is something that feeds through the rest of the product line so pete's talking about, this is a company that has parks, studios, consumer products in addition to the media arm and i do think it's been a catalyst, but it's not the reason why you necessarily go out and buy disney, although it is part of the reason why the multiple on disney is so different than any other media company. >> i walked earlier by "froze

. >>> and after the break, our julia boorstin might not be the next ray, but she did sit down with theire, what bob iger told her about disney's big bet on star wars is next. >>> i'm here on the millennium falcon we are piloting this ship in the main attraction here at star wars, and we'll have more after the break. . ♪ so, every day, we put our latest technology and unrivaled network to work. ♪ the united states postal service makes more e-commerce deliveries to homes than anyone else in the country. ♪ because the future only happens with people who really know how to deliver it. because the future only happens with people you still have service? call the insurance company sfx: [phone ringing] it's them, calling us. it's going to be a week before they can get through on these roads shhh, sorry, i didn't catch that. i said ask how soon they can be here right now? what's now? he says they're surveying our property now they're probably at the wrong house i don't see any hovering his name is hovering? look up? by automating claims with machine learning and analytics, cognizant is helping

sheryl sandberg talked to julia boors boorstin about the changes happening at the company and how theyight impact the business >> our bottom line is get iting this right and we are making real changes that have impact. our growth rate is lower we are spending huge amounts of money, billions of dollars, but we believe deeply that doing the right thing for people on our service is the only way to protect our long-term business and it's the right thing to do so the bottom line for us is making sure we get this right. >> elevation partners cofounder early facebook investor is with us author of the new book zucked and mark, happy friday good to have you both. roger, our revenue may slow, we're spending tons of money, we're up 40% and the stock is still up how does this happen >> well, listen. i think you just saw a great example that julia's interview with sheryl was fan tas i gue , guessic, but she's an extraordinary communicator i want to remind our viewers is the real issue we're doing is the business model not just of facebook, but also of google and now increasingly amazon and microsof

probably have and now the company behind it is making an even bigger run at facebook and snapchat julia boorstin? >> kelly, that's right the company behind tiktok that's the popular video editing and sharing app is a chinese company called bite dance. and now it's launching a new threat to facebook and snapchat. softbank backed bite dance just launched a mobile messaging platform called flip chat in china. it's limited to china for now and remember facebook and snap don't currently operate in china but flip chat could easily expand to the other markets around the world where bite dance's tiktok has been thriving including the u.s. tiktok has been downloaded nearly 1.2 billion times it's the number one downloaded app worldwide in the apple app store for five straight quarters according to center tower topping youtube, instagram and whatsapp bite dance's big move into messaging comes after facebook has committed to focusing on private messaging rather than more public sharing in the news feed and it's yet another challenge for snap private messaging, just like snap flip chat's messages also includ

. ♪ >>> welcome back i'm julia boorstin with headlines.ponding to calls to break up facebook facebook hoetsing a call with reporters talking about some updated numbers. zuckerberg responding to a question noting seven to eight different services to communicate and on the advertising side less than 10% of the global ad market, 20% of the digital ad market, saying that any arguments there was some dominant position might be a little stretched and no committee is calling for regulation so zuckerberg responding to calls to break up the company by noting they do not have a dominant position guys, back over to you >> you know you're dominant when you say no, we're not. julia, thanks very much. julia boorstin >>> let's talk some best buy which posted better than expected results this morning on the back of strong appliance, wearables and tablet sales the shares sliding as much as 6% with the broader market on the trade fears. joining me is oppenheimer director of research brian nagel. welcome to you best buy was initially higher. what is the spec

wars" themed park is set to open at disneyland tomorrow and we're getting a sneak peek because julia boorstine live to show us what it is julia? >> reporter: kelly, that's right. this is an imperial echelon. we have some storm troopers behind us. this is all part of disney's largest ever parks expansion called galaxy's edge disney worked for five years to capture the look and feel of the "star wars" movies "star wars" theme with the centerpiece, smuggler's run ceo said they're already seeing galaxy's edge lift demand for this park. this comes as the company looks to grow the park's division, brought in a third of the fiscal revenue and should drive demand not just for the parks but the studio and even the streaming service, disney plus >> of course, yes. i think interest in "star wars" will be heightened because of that and that will heighten interest in "star wars" in a variety of other forms including on disney plus, vice versa >> reporter: disney recently raised prices ahead of this new land launching but iger said no negative impact from the higher prices back to you. >> i bet especially

its stock is up 30% year to date brian, over to you >> julia boorstin, thank you very much. snapchat's flat lining, but the stock has doubled dan nathan, facebook $218 last year and sitting on 50-year 2 hu00-day moving avera. what do you see for facebook >> the high for last july was the all-time high when they had the huge guide down. it's important to remember that for 219, i think eps was expected to grow at least 20% right now. rid now analysts have 219 eps declining 2% despite the fact that they're still going to see 20-plus percent sales growth so here's the thing when you think out to 220 the stock trades at 20 times expected earnings if you think that this is sort of a trough year as far as earnings and they're spent and then they have this business cycle and this business transition more towards direct marketing i think we can look at that data and we should be happy that instagram is growing and it will close that gap at some point and the stocks are probably kind of cheap here >> i think the stock trades cheap as it always has and therefore, it's not a reason to j

here to break down the headlines, robert frank, seema mody and julia boorstin in from the west coastt coast is our first story. san francisco just banned the use of facial recognition by police and local agencies. the stop secret surveillance ordinance makes the tech capital of the world also the first u.s. city to make this severe of a move it does not limit personal or business use but there some are complaints from the tech community, guys, anyway that says we have constitutional protections. we're not turning into china it will hurt the ability to identify terrorists, for example. >> i think there are two very different stories here there's the use by the police force. there's use by sort of the more china version of, are we going to have cameras everywhere watching everything we do? and then there's the question of facial recognition by a company. something like clear earlier today. we had the ceo of clear on "squawk alley" talking about how they're not at all impacted by this because they have an opt-in service. so i think it's very important to separate those two things and it

joining us here at post nine, clear chairman and ceo caryn seidman-becker and julia boorstin, the motherssrupters good day to both of you. my family just became a member and i was amazed how quickly and easily i was able to skip the line and move through and get signed up. how quickly is the company growing right now? >> so, i was telling julia earlier, we are up almost 100% year over year in both volume and membership it took us seven years to get our first million members, 8 1/2 month to get our last million members and 11 1/2 months to get the ones in the middle the hockey stick when you map out when you start a company is happening. >> go ahead. >> facial recognition, which is the basis of what clear does, is very much in the news. san francisco just approved the ban on government's use of facial recognition technology. what does this mean for you as you try to grow the use of biometrics in airports and also in stadiums and other locations? >> we start with the premise that biometrics makes homeland security safer, customers safer and brings you a frictionless experience biometrics is

julia boorstin joining us from los angeles. you would think the setup for the stock was a tricky one getting a massive run. think about where the stock was when they announced there would be legal aed gambling and that was the lifeline for e is spn ay problem with disney and it is my favorite ride followed closely by mr. toad. >> i'll say this, it's a problem they have with disney is valuation. 21-time next year's number is just too expensive, in my opinion. this quarter was fine, but it wasn't outstanding i think you have to sell the stock here. >> but you're okay with netflix's valuation? >> different company different company. >> at some point you have to see some convergence and i realize netflix and disney are in different places and here's our valuation dynamic and disney deserves a higher multiple and want because it's the cream of the crop and the sector and you might be valuing on the subscribers and if you start to look at 2021 which they talked about which the market's rewarded and you have to give them at least a bl

julia boorstin has more on disney's results. >> the key takeaway from disney's better-than-expected resultsparks, experiences and products divisn performed far better than expected with revenue growing 5% in the operating income growing this was driven by the domestic theme parks and resorts with guests spending more and higher attendance witas incre in average ticket prices as well as higher food, beverage and g.rchandise spend all of this growth comes ahead of a big expansion f disney's u.s.ar. star wars galaxy's edge launching at disneyland later this month and then at disney world in orldo in august. for "nightly business report," i'm jiaoorstin in los angeles. >> on wall street, investors were in wait and see mode ahead of trade talks with the u.s. and china and the selling of the past two days,nd the buying did not pick up. the dow jones industrial average was up 2 points to 25,967. the nasdaq fell 20 and the s&p 500 was down four, and intel was part of the reason why stocks came under pressur late in the day. the dow component issued a three-year outlook that investors viewed as disa

julia boorstin with those results. >> they are also beat on the top and bottom line for fox.ny reporting adjusted earnings per share of 76 cents 9 cents better than estimates. revenues of $2.75 billion surpassing estimates of $2.16 billion. the company's press release, this is the first quarter that we're seeing this release from fox. a stand-alone company after the separation of those entertainment assets sold to disney the company saying this increase to revenues was attributable to affiliate and advertising revenue growth of 11% and 9% respectfully, due to a 29% increase in retransmission consent revenues and 10% increase in advertising revenues at the television segment. the quote here from lockland murdoch, the ceo of fox, saying that this, as fox mentioned, a stand-alone company with strong assets and unique positions to succeed in the evolving media landscape. we're seeing a real focus on live news as well as sports. back to you. >> jeweliulia, thanks very muchr that making it work with the content. roku is an example of someone making it work without the content. what

i'm julia boorstin in chicago and the 737 max planes in the air. >> that's where we begin tonight's market where it has completed a software update for the 737 max aircraft and this the is the key for getting those jets again following two fatal crashes and they're working to schedule a certification flight and boeing shares rose 2to $283.81. snap shares got a lift after facebook has thestand-alone app for direct messaging on instagram called direct and the app to market two years ago and it was meant to compete with snapchat, but facebook is now oking it down as partthe company's mission to consolidate its mission into a single platform. so snap shares rose more than 7% today to 11.42. ? after the bell chip equipmentmaker applied materials posted better than expected earnings a reven and the results helped ease some concerns that thehe demand in semiconductor space was slowing. ithe closed regular session up a fraction at 41.66. also, after the bell nvidia's results came better than expected. none the less, shas closed the regularp a fraction at 116. it reported after the bellnd missed ex

for "nigusiness report" i'm julia boorstin in san je, california. >> coming up, entrepreneurs want theiron social media and for one there was a big down side. ♪ ♪ >>> gettinge viral l attention and for one firm it turned into aal nightmare and the f straw which we introduced you to last night and went viral online, but the company soon found many posts were actually directing followers to buy knockoffs. and it cost them millions. >> the first collapsible, reusable. >> and the straw designed to save the planet and said to make millions. while attorneys worked to secure s and trademarks for the invention, emma cohen and co-founder miles pepper launched their idea on crowd funding site ckstarter and backers chipped in nearly 2 million in funding. >>n not my wildest dreams could i ever have thought that done anything like that. >> but across the planet, h factoriesere in china were ready to rip off their big idea. >> there are hdreds of people that are copying t very exact product, the same straw. >> amadeo ferraro is one of the attorneys to keep final straw afloat. how brazen are some of th

julia boorstin has more. >> what's old isga new for the movie business this summer. and theaters are hoping familiar brands will draw a broad audience and turnaround the box office. north american ticket sales are down 10% so far this year. the fact that marvel avengers dgame broke so many records mean people are more likely to return to theaters. >> is all about momentum in the summer and certainly endgame set up the summer movie season to be really strong because you have so many people seeing that movie being inspired to see other movies by virtue of in-theater marketing and trailers for the upcoming slate of. >> aladdin is a key example of a big trend. studios counting on tried and true brands to draw families. perhaps the most highly anticipated examples disney' lion king remake. >> no, no, i've got it. the pixar's toy story and universal's secret life of pets 2 is using a similar peplaybook. are high that the likes of the lion king plus big action films will draw moviegoers and one reason why theater chain stocks are up thi year even though box office receipts

i'm staying long >> reits after the bell, a first on cnbc interview with disney's ceo bob iger julia boorstinns us to look ahead. >> sara, i am here inside star wars galaxy edge this is the largest themed land in any of disney's parks and i'm about to sit down with disney's ceo ahead of the opening ceremony for this space tonight to talk about the company's $1 billion investment in this 14-acre land to understand what this will mean for disney's movie studio, as well as its upcoming streaming service with a "star wars" themed live action series that's going to be feature inside disney plus when it launches in november that first on cnbc interview when we talk about all this and more will be coming up in "closing bell. >> julia, looking forward to it. any time iger is on the record with us. >>> up next, we're all over the market sell-off. not as bad as it was still the market looks to close cidly dedelower. we'll wrap up the action with our "closing bell" a-team. small things. big things. too hard to do alone things. day after day, you need to get it all done. and here to listen and help you t

julia boorstin has been working on the list since its inception and joins us with more big day here.panies on our disrupter list were selected from over 1200 nominees using a combination of quantitative and qualitative metrics. the companies on this year's list tackle a diverse range of industries from retail and travel to health care and biotech. some are working in entirely new fields, such as drone delivery and the internet of things now, this year the combined valuation of the 50 companies is over $266 billion of over 36 of them as -- they're worth over $1 billion each together they raised over $46 billion in venture capital, with the median of 400 million raised there are 17 companies that are new to this year's list, and only two companies have been on the list all seven times airbnb and palintear there are eight companies that graduated from last year's list. two were purchased, get hub by microsoft and orris by johnson and johnson. we do expect a number of companies from this year's list to go public in the coming year or so, including airbnb casper and robin hood find our en

. >>> cnbc disruptor 50 list many are trying to do good julia boorstin in chicago with one of the mission-drivenpanies. julia? >> reporter: this is a carbon recycling company. this lab turns pollution it's being used as a chinese steel mill, every year, eliminating as much pollution as 50,000 cars would create the company plans to launch the three additional plants in the next year. jennifer tells us that lanzatech systems could remove 8% of global carbon emissions in the next five to ten years >> we spend almost 15 years off the technology to make it. so selling the ethanol will actually pay the capital investment in a period of three to four years. >> reporter: the fuel from lanzatech's china plant used by the virgin atlantic airplanes flying right now so already in use and if you're wondering, this right here is not a microphone but a carbon monoxide detector to make sure i'm safe even when this in high-tech lab. >> i was wondering what they were monitoring. i was hoping whatever it is, it's at zero right now >> it looks like the old fashioned beeper >> my carbon monoxide levels at zero. >> b

than half the companies are outside silicon valley two are in chicago and that is where we find julia boorstinuptake, a $2.5 billion ai company hey, julia >> hey, morgan fun fact about chicago, it actually delivers a higher return on investment the start ups here deliver a higher return on investment than any other city in the country according to pitch book. one of those companies is uptick we're here at their offices in downtown chicago this is a xaep that analyzes data from millions of tiny little analytics it mines billions of data for transportation and energy and manufacturing customers, making 4 million predictions an hour. identifying ways processes or machines could fail and flagging fixes. it's custom its customers, the u.s. army, caterpill caterpillar, royalls-royce. the ceo tell us the it's a huge advantage. >> this is a spectacular place to grow companies in the technology space few as spectacular as chicago. the reason it's about helping industrial companies be better and we're in the center of american industry. the midwest, we're right here in chicago. >> now as for the china t

it has been making big changes to address concerns but what impact is it having on users julia boorstin has that answer for us hi, julia. >> reporter: tyler, the impact of those changes is negative facebook now has an engagement problem with the average time spent by adult americans on facebook declining by 3 minutes last year. that's according to e-marketer that projects engagement on facebook will flatline at 38 minutes and decline next year. snapchat engagement, according to e-marketer is plateauing at 26 minutes a day while instagram is bucking the trend, expected to get users to spend an additional minute every year between 2017 and 2021. why is facebook on the decline e-marketer atriblts it to continued loss of younger adult users and to mark zuckerberg's move to time well spent on down ranking clickbait post and videos we have to see how facebook's move to prioritize private messaging over the news feed will further impact engagement on the platform and we really have yet to see how all of these changes will impact advertising. i mean, not only does less time spent on facebook tr

colliding as georgia's abortion law threatens to hurt its television and movie production businesses julia boorstinlook at this brewing battle >> hi, tyler that's right georgia's new law banning abortion after a heart beat is detected sparking boycotts in hollywood that could put georgia's massive production business at risk the state is up to 30% state tax credits drew over $4.5 billion in wages and $9.5 billion economic impact, according to the georgia governors office the recent projects include disney's "black panther" and "infinity inquiry wa itity war" dead." now stars and producers say they won't work in the state with the new law. a new movie canceled shoots set to start in georgia. alyssa milano, ben stiller and ron howard among those pledging to boycott productions in georgia. now it is complicated, though. the motion picture association of america representing the studios as well as some other filmmakers, argue that taking work from the locals does not effectively fight the state's laws and just hurts workers. jordan peele and j.j. abrams pledging to donate their fees from production in

. >> let's get to julia boorstin about how this weekend kicks off with the summer box office, julia.whether some big summer movies can help reverse the nearly 10% decline in box office so far year to date aladdin is opening this weekend. it's a perfect example of a big trend. studios relying on tried and true brands and characters we'll also see a number of action movies also based on familiar franchises such as universal spinning off hobbs and shaw from its fast and furious franchise and on the series of marvel avengers endgame, there's more marvel and sony will be releasing spider-man far from home this summer and despite the box office declines year to date theater chain stocks are up this year and in part on optimism about how the rest of the year will go. guys, back to you. >> julia, thank you very much for that, julia boorstin in l.a. final thoughts, mike, on what was a pretty tumultuous week and a stabilization. a continuation of what we've seen through may the market coming to terms with a few things at once, right? you have obviously the sense that maybe this sort of trade s

week here to break it down, professor at school of business along with julia boras t jul jul jul julia boorstin>> i certainly agree with the call for creating a new tech regulatory agency. there is some damage to facebook from zuckerberg's voting control, but i think spinning off what's app and instagram is not really going to solve the core issue that facebook's business model optimizing advertising revenue is at odds with a lot of other societal objectives and simply splitting facebook up into what's app and instagram and facebook is not going to solve that problem. >> julia, a concern for me, i guess, is that facebook feels the need to say, hey, we are, we can match societal objectives and needs to crack down on things like speech in order to show that it's not an enemy of the public it's in a real pickle, frankly same question to you i mean, which elements of this critique do you think might move forward? >> well, look. i think it's really interesting we still haven't seen the final fine from the federal trade commission as well as any changes they might force facebook to adopt in order to

julia boorstin joins us with more on the company's announcements and what the updated metrics could mean its future hey, julia. >> hulu is doubling down on original content to help drive growth and it's already growing faster than netflix in the u.s now it's more than half the size of netflix's u.s. subscriber base hulu announcing it added 3.8 million paying subscribers this year that's more than double the 1.7 million paying subscribers that netflix added in the u.s. in the first quarter. now hulu is investing more in original content including two series from marvel that gives us key insight into how disney, which now owns about two-thirds of hulu, will manage that investment universal owns the rest of hulu. hulu announcing today it will create a live action shows around marvel's ghost rider and -- this is notable because it shows is disney shifting its adult themed characters from hulu to netflix. as marvel netflix shows come to an end this year why aren't these marvel shows going to be on disney plus these are targeting a more mature offices than the disney's services focuses on fami

and julia boorstin is following the future of facebook let's start uptown with bertha >> next week reallyna trade tensions and one of the things i'll be watching is apple. down for two straight weeks. the first time we've seen that this year. and just the concern about how these trade tensions are going to impact big trade companies like apple that have 20% exposure to china. we're going to get some earnings from some smaller tech companies that don't have as much exposure but that could also give us an inkling about what's happening real time. net app which in jang had said it sees a bit of a slowdown which people were concerned, will be reporting on tuesday as well synopsis, which deals way lot of chip companies back to you. >> bertha, thank you turning to another tech name facebook's sheryl sandberg address calls to break up the social media company and julia boorstin joins us at post 9 with the details. julia. >> i sat down with sheryl sandberg stayed and i pressed her with calls to break up the company from both presidential candidates as well as facebook co-founder chris hughes. she

did in the past i want you to listen to sheryl seasonedbe sandberg talk about that she was with julia boorstin a short time ago on this network take a listen. >> if people clear their browser history, we can still target ads, because we still have information that they've shared on facebook, but it will make those ads a little bit more effective. but it's people's information and we want them to use it as they want it to be used. that's a choice we're going to offer. it's a choice we might make. it may harm our revenue, but we also believe that in the long run, it's the right thing for our business and we're going to keep doing the right thing >> that's sheryl sandberg, who tells you right to you, weiss, our ads will be less effective, and our revenue growth is going to be slower that's somewhat of a paradigm shift. does this stock deserve to be trading at the multiple it is if the ceo of the company is telling you, our business is going to look different? >> yes, because where else are you going to go? are you going to go to look magazine oh, they haven't published in 30 years. where are you

julia boorstin has more on that angle. julia?ll, social media stocks are doing worse than the broader market, way down as well on those concerns about china and the market overall is also concerned about regulation and how limited ad targeting could threaten their business models facebook and snap each down some 3 1/2% twitter ending the day off 4 1/2% and pinterest faring the worst of all, off about 8% netflix shares down over 4% today while traditional media stocks are mixed viacom and cbs suffering more than the broader market. both down about 4% they also suffer concerns about being subscale disney and comcast in contrast are both down some 2% as this week's up front presentations featuring their new content as well as their ad targeting capabilities the telcos are faring the best at&t and verizon both ending the day down less than half a percentage point now, analysts say they don't see too much near-term impact of the trade war on hollywood because there are already limits on how many hollywood films can be released in chin

so, i think there are a lot of things at play. >> there you go. >> anyone but golden state. >> julia boorstinhank you, julia thank you. >> i'm with you on that, ed. just too much for one team >> dominance is not good >> i'm loving this >> kawhi is, watching that guy -- >> he's magic. >> he's got a vertical jump. >> let's bring on the next team. you don't even have to mention -- >> how does he stay up that's what i don't understand he's there for a while it's weird might be the shoes. >>> coming up, when will the markets see its next big pop despite ending last week on an up note, the dow is down for five straight sessions, its longest losing streak in eight years. what signals should you be waiting for to know that the markets e imfoa venearpre r mo o way or the other way or the other a bigger move. you definitely want to take advantage of all the benefits you can get. 2/3 of employees said that the workplace is an important source we'll discus that's financial wellness. put your employees on a path to financial wellness with prudential. i'm off to college. i'm worried about my parents' retir

zipline making the disruptor list for the second straight year julia boorstin tells us about the company's disruptor, zipline international, is expanding its drone delivery services in africa and will soon be coming to the u.s the company's drones have made more than 13,000 deliveries since launching in rwanda three years ago. it supplies more than half of the country's blood supply in ghana, zipline has partnered with the bill and melinda gates foundation and others to serve more than 2,000 health facilities and bring emergency medical supplies to an estimated 12 million people. and in june, the company will begin servicing hospitals in north carolina as part of a pilot program with the faa >> i've got to tell you, i love this company now we want to bring in ceo keller renato, joining us with an announcement about the company's latest funding, which i believe is going to turn them into a unicorn, good morning, keller. >> good morning. how are you? >> great congratulations, both on the disruptor list, but tell us about this new fund-raising round. >> yeah, i mean, you know, often fund-rais

julia boorstin talked to bob iger and joins us from the new "star wars" theme park in anaheim, californiaat's right, carl. disney invested $1 billion in this 14 acre expansion of disney land, called "star wars" galaxy edge ceo bob iger telling me they raised ticket prices ahead of this launch to as much as $149 for peak days to help moderate demand saying they haven't seen any resistance to higher prices and no indication of a pullback in consumer spending >> if you just look at the economy, and you look at the american consumer through the lens of our parks division, you say everything is just great that's a division that is doing extremely well, continuing to deliver not only a better guest experience but growth to the bottom line, growth in terms of revenue. there say lot of demand right now for these products >> reporter: with iger saying bookings are strong for the key summer season at their parks, we asked if they're seeing any impact of the trade war with china. >> our visitation to our parks from china is relatively modest. other markets in the world, uk and canada, mexico, other

coming in at number five, rent the runway our julia boorstin is here with details. a. >> right now i am in run the runway's distribution and fulfillment center and this is the loading dock and the noise you hear behind me, those machines are their proprietary drycleaning machines and this is where the company processes and ships out all of its accessories and clothing to its 11 million plus members this is actually the nation's largest drycleaning facility and the company's getting ready to open another bigger one in texas. that one will be designed to handle even more categories as it considers moving into new areas such as potentially ski and other seasonalwear, even maybe, she didn't say for sure, but even potentially menswear. >> in the warehouse we have to use data because we're getting back tens of thousands, hundreds of thousands of items in the morning from customers and we can't process them all in a 12-hour period so we have to use data and analytics to prioritize which are the items that we need to process just in time and which items have a longer lead ti

julia boorstin with the details. julia?, sara, sinclair announcing that sinclair broadcast group is acquiring disney's 21 regional sports networks from disney at a valuation of $10.6 billion for those 21 networks. now, sinclair is paying 9.6 billion adjusting for some minority equity interest byron allen, he's a big media executive here in los angeles, he'll become an equity and content partner in this rsn holding company. in this press release sinclair pointing out there are some portfolio delivered combined $3.8 billion in revenue across 74 million subscribers, just giving a sense of the reach of these 21 networks. a note here is that this sale does not include the yes network. we've reporting on this and our sources tell us that they're close to selling the yes network to a consortium including the yankees, which would have the biggest stake. amazon and sinclair broadcast group as well as some private equity companies will also -- are likely to purchase that yes network which is the remaining piece of this. and that valu

julia boorstin has them for us >> cbs earnings beating on the bottom line by a penny the company reportedngs of $1.37 per share. that's compared to $1.36 estimated. now, revenues for the company coming in lighter than projected. revenues of 4.17 billion that's lower happen the 4.3 billion that analysts had estimated but up from the 3.76 billion in the year-ago period to break down what's driving the growth here, advertising revenue grow 18% thanks to the super bowl affiliate subscription fees rose by 13% but it seems like the shortfall here in revenue is due to the fact ha content licensing and distribution revenues decreased by 3%. we're not getting any specific numbers in terms of the subscribers to the streaming services, but the company says direct to consumer subs grew 71% from last year and they're seeing strong growth in the second quarter thanks to premium original series such as "the twilight zone" and "cbs all access" and billions on showtime now, the last number we got on these streaming numbers was 8 million as of the end of the last quarter but no specific numbers for this qu

breaking news on hbo julia boorstin has the details >> wilf, the final episode of "game of thrones" was watched by a record 19.3 million viewers last night across hbo's platforms. that's linear, the live broadcast as well as hbo go and hbo now, the direct to consumer streaming service. that exceeds the previous record that was set by the second to last episode, that was last week, that had 18.4 million viewers. and this is the most watched single telecast on record on hbo ever 13.6 million viewers just for the live 9:00 p.m. airing. so really notable here that this surpasses any other show that hbo's ever had including "the sopranos." that was the prior record holder but it also helped to boost "barry," the season finale with 2.7 million viewers. obviously tiny compared to the numbers we've seen for "game of thrones. really interesting, guys a lot of backlash. controversial episode here and way to end that series but definitely leaves a big hole for hbo as it moves forward. back over to you >> 19.3 million disappointed individuals. >> i don't think it was unanimous disappointment i wish

julia boorstin on disney >> investors will have some questions about how the company is going to deale trade war since some sporting equipment is on the list of items now subject to that 25% tariff. capri holdings, formerly michael kors also reporting. tair expected to fall 2% the last four earnings reports have volatile and inconsistent stock reactions and pvh reports after a week after announcing stephan larson as its president. will fred? >> thanks very much for that disney's box office boom kicking off a huge week for the media giant. hi, julia. >> hi, wilf. >> disney's "aladdin" reported better than expected bringing in $114 million over the four days proving the success of disney's strategy of adopting old and animated films this comes ahead of a lion king adaptation in july and a mulan adaptation next year aladdin's debut comes ahead of galaxy edge opening on disneyland on friday the $1 billion land will have one ride at launch and another ride coming later this year as well as ten eateries and shops and we will be there thursday with a look at this big investment from disney b

europe the answer -- christopher columbus >>> cnbc's "disruptor 50 list" has been revealed and julia boorstinber one julia. >> melissa, thanks so much well, agriculture is a $3 trillion-plus global industry, and we've seen a growing number of venture capitalists investing in companies that are applying digital technologies like artificial intelligence and machine learning to the global food system. this year's number one disruptor has become a leader in the ag tech revolution. take a look. indigo ag number one on the 2019 cnbc disruptor 50 list is an agriculture technology start-up that mixes microbiology with artificial intelligence to improve yields, sustainability, and profits for growers of five commodity crops -- corn, cotton, rice, wheat, and soybeans. it's disrupting agriculture in two ways -- first, its seed treatments allow farmers to grow more using less water and fertilizer second, its digital marketplace connects buyers and growers, helping them differentiate their eco-friendly crops, adding value across the supply chain, from seed to table. founded in 2013, indigo's technology is

in an interview with julia boorstin, iger said disney is not too reliant on any one franchise. >> ifou look at the profile of the company, we're basking in "avengers: endgame," the marvel property we have "toy story" coming out, lion king. there's so much going on that people are interested in yes, we have a lot to riding on "star wars." we have a diversity of characters and franchises. i don't think we're reliant too heavily on any one of them we like them all. >>> ahead of last night's grand opening of galaxy's edge attraction at disneyland, this is in anaheim. disneyland disney world version of the new attraction opens in orlando in august much more from the iger interview later this morning i was looking for something to watch the other day, i saw "lion king" i said what do you think there was a no i considered it. that was scary the music. >> i could watch it. >> i love it all >> pretty good there are some troubling scenes. >> dark undertones >> run over by that stampede, his son watches. >> separately iger told reuters it would be difficult to keep filming in georgia if a new a

or preview all of this, ben dunbar is investment group leader at gerber kawasaki, also our own julia boorstinf what are the numbers the street's looking for what are the most important metrics? >> well, right now the most important metrics are going to be guidance. ultimately, it's not about this quarter, it's about what's going to happen with disney plus, "star wars" land opening up later this month you know, they have all these great movies slated. so it's really how they think they're going to do the rest of the year this quarter's kind of this in-between time as they're releasing all these things. >> julia, having said that, though, there's a lot of anticipation and a lot of positive anticipation. the stock's been up over 20% as we head into these earnings. >> absolutely, becky i mean, i think this quarter's important because it's really the first quarter that we're going to see the combined fox and disney numbers together, those very meaningful. we already saw disney rearrange its reporting units, consolidating consumer products in parks to sort of simplify their reporting structure and