meg: yeah. emily: and i am curious how you came to that decision because it is a more diverse but also more unpredictable set of businesses. hp inc. plays a bit more to your consumer strength. how did you make that decision? was it like picking a favorite child? meg: part of this decision is who is in what spot and who do you have on the team that can step up? and my view was -- dion weisler was an incredibly talented executive. he spent many, many years in the pc business, he had learned the print business. i admire dion a lot. and i thought he would be perfect for hp inc. and then i thought that i love the enterprise business and it has not been what i have done for 25 years, but i now know the business and i love the business and i love the dynamic nature of it. and for management continuity -- i mean, what ailed hp a number of years ago was management turnover, too much management turnover. emily: you are going to be chairman of hp inc. how does that work in practice? say hp inc. wants to do

you heard meg whitman explain how they get to that number.ll also be sending 1.5 billion dividend to shares to hpe and taking on $2.5 billion in debt and liabilities. the market loves this deal, jim. mr. lawrie will be running the combined company of course as it its chairman, ceo and president. >> this is a man who came into a really bad situation. a lot of problems with the government. a lot of contracts that were very questionable. he came in and spent the first year cleaning it up. then he spun off this government business. this may be the next -- that's how good this could be. and i love excentury. this man ran sales at ibm. to take that job was a shock for me because it was such a nasty job to come in and have to clean up. we got to get him on the show. >> okay. >> this was a master stroke by him. >> i had an opportunity to speak with him briefly yesterday. >> you did? >> yeah. >> what'd you think? >> um -- >> straightforward guy. >> yeah, it was via phone. >> but still, you buried the lead, what was he like, right? >> straightforward a

>> well, meg may be a little ahead of hp such as the same being done at microsoft.nd he is making smart moves. when thinking of $11 billion, they should have been looking at android at 83% of the market from the os point of view, and the bet was interesting, but it was already so far behind that the lesson is to go to the place where you can be number one, and that is is what he is doing now, and they are focusing on where they differentiate in the sector where that i have manageability, and people love them. enterprise is bringing a lotf technology, and modernizing a lot of of the technology, and microsoft can be there for them, and we are bringing our own phones to work, and good portion of those, 80% plus around the world are android devices. so this is going to allow microsoft to reposition itself. sat ya is doing the right thing as meg is doing at hp, and get it behind us, and move forward. >> and it is a decision, dennis, a decision in a old era? >>> it is bizarre decision, and then ballmer left, and he should have gone to the clippers before he made ta deal,

meg tirrell is here with a look at this quarter. meg?the stock down after hours that they lowered their guidance by a lot more than was expected. analysts saying we did expect them to lower their guidance but not this much. putting out 8.37 billion, down from 4.32 to 5.42. they readvised their eps by more than a dollar a share for the entire range. the ceo citing pricing pressures and suffering from its resemi-ians to valeant, or resemblance it's trying to distance itself from. but knits the pharmaceutical model and the ceo used to work at valeant, also worked for mike pearson atkinsy. that was something that people liked about and was their resemblance to valeant for so long. now that you're seeing what is happening with valeant, you're seeing it to endo to some extend. people wondering about the viability of this business model. >> do they have a pipeline? could they be acquired a this point? >> it's possible. they are depressed quite a bit. but they do have some debt. so people worry than as well. and they are saying instead of going

meg terrell and our resident stock therapist. meg?the summer months approach and the weather warms up, people are saying this gets even more urgent that we need to fund zika efforts in the united states. president obama earlier this year asked for almost $2 billion in funding to fight zika and congress really has not. you can see that the senate just passed a bill that would allocate $1.1 billion out of the 1.9 billion requested. the house is more stingy with $622 million in it's proposal and they want to actually reallocate some ebola funds to zika. that's something the white house has already done because this funding was coming so slowly. folks are saying now the senate and house have to come together and try to reconcile these two bills and that could take a really long time and people worried how this funding would get passed. if it does, which companies are working in the space. you have companies working in vaccines. trying to take their vaccine technology and translate that into a zika vaccine. they are working the space. and

we look forward to the interview with meg whitman tomorrow morning. what do you make of the stocks? acting as if it's the best thing since sliced bread. >> now you have more clarity about their business, and what meg has envisioned it sounds like for years. if you want to extrapolate this somewhere else, you look at the work she's done in the last five years, look at ibm. they've lost basically $37 billion in sales off their peak. 107 in 2011 to expected 80 this year. what is going on over there. they had the big clunky thing. when you look at what she's done, you say to yourself, how is that board not looking at hp saying what in the heck are we doing over here. >> steve, where would you stand on this? >> i think you make a good point. we all look to ibm because we're all curious about it. what's the board see and what is the plan there. it looks like hp wants to put all growth in one area. to your point, guy, do they want to use the balance sheet to be able to make some kind of an acquisition. there are plenty of acquisitions out there. who knows what direction she really wants to

tomorrow, meg tells us the story of two siblings who because of medical advances can see again. fascinating stuff with the brain. >> fascinating report. mental health, such an area that many people don't want to delve into and find out how to treat, even the conventional ways. and these ways are fantastic. >> truly so. >> all right. that's "nightly business report" for tonight. i'm sharon epperson. thanks so much for watching. >> i'm tyler mathisen. thanks from me as well. have a great evening. hope to see you right back here announcer: a kqed television production. sbrocco: and everybody say "opa!" -man: opa! -woman: opa!

meg tharl thank you, our biotech reporter. much more "halftime" after this.wned here in santa rosa. as a small business, we're always looking to save money, and pg&e was able to help us. i help the small businesses save money and energy. it feels great. we looked at their lighting, their refrigeration system, and with just those two small measures, they were able to save a good amount of money. i was shocked. i couldn't believe that i could save $1,500 a month. with the savings that we get from pg&e, we're able to pass it on to our customers. it's pretty awesome. learn how your business can save at pge.com/businessenergycheckup. together, we're building a better california. report" an over the sue herera with the latest news headlines. >> this is the cnbc update for this hour. three french investigators are arriving by bus tole help investigate the missing egyptair 804 flight. they said that the radius could be expanded as necessary. >> and the fda is changing food labels to list how many grams of sugar have been added by manufacturers. other changes are the

tomorrow, meg tells us the story of two siblings who because of medical advances can see again. fascinating stuff with the brain. >> fascinating report. mental health, such an area that many people don't want to delve into and find out how to treat, even the conventional ways. and these ways are fantastic. >> truly so. >> all right. that's "nightly business report" for tonight. i'm sharon epperson. thanks so much for watching. >> i'm tyler mathisen. thanks from me as well. have a great evening. hope to see you right back here mark walberg: antiques roadshow was excited to pass through this gateway to the west-- omaha, nebraska. that's a lot for a little painting, isn't it? holy hannah! wowser! shut the front door, girl. are you serious? now, the people who make antiques roadshow possible. (birds chirping) mom! we believe that if it's important to you, it's worth protecting. liberty mutual insurance is a proud sponsor of antiques roadshow. and by contributions to your pbs station from viewers like you.

what it means for the company and meg whitman. toyota gets into car sharing -- it's the latest car maker invest in a ride hailing app. we will bring you the latest of it tied up with uber. and pebble out with its first ever non-watch device. can it move into health tech like the apple watch and should it? hp enterprise shares are surging in extended hours. this is half of the old hewlett-packard still run by meg whitman and focuses on storage and servers. they are spinning off and merging it with computer sciences core in an $8.5 billion deal. the name of the company will be announced at a later date. joining us is our senior intelligence reporter. what is your take away on this deal? is it something that was expected? guest: it wasn't expected, but it makes sense. one part of the entity focused on hardware, predominately servers and then finding a network to exit the services business to a company that focuses on exactly that portion of the business. it is a good strategy. on acuses the company smaller piece of the pie but the ri

meg: you are welcome. i am glad to be here.

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meg terrell joins us with a look inside the world of modern medicine.ood morning. >> these are protos and exciting news. it's all part of president obama's brain initiative essentially trying to do what a human g nome did f. and one of the thing as they're working on is what they call prosthetic memory. take a look. declarative memory is how we store information like facts or events. grocery lists, for example. those memories are formed in a region of the brain honey as the hippocampus. the ram system is aimed to act like prosthetic memory. it would implant electrodes in the hippocampus. they've been wirelessly transmitted externally. it would process information and deliver instructions back if help is needed. stimulating certain newer trons formulate and crawl memory. so this is actually a system where they're implanting electrodes into the brain to read the neural signals that are happening forming memories and you could actually have a system to sort of acting as a corrective system this can encourage your memory to work. >> do you think it could wo

emily: what does it mean for meg whitman?t gives her a sense of focus, and the results bear itself out. hp has done well and after the announcement of the spinoff of its services business, the stock is up and at the end of the day, cash flow has been improving. their debt profile should also get better. these are the measurable results that she has improved or things that have improved under her watch. she gets credit for that. emily: this unwinds a bad deal done under mark hurd. when you look at the area today, years after that acquisition was done anything else that we , should be watching in the new hp? anand: at the end of the day, this is not a company that is either piecemeal or together will post incredible growth rate from a revenue standpoint. this is modest revenue growth at best, coupled with heavy cost cuts from time to time, coupled with some acquisitions and the best teachers. hopefully, the earnings growth rate is slightly better than the sales growth rate and a good amount of cash flow being thrown off. this i

get 50 meg internet with unlimited data for $39.99 per month. and ask about free installation. >>> that does it for cbs 2 news at 11. for the entire cbs 2 team, thank you so much for joining us. have a great night. thank you for dining with us. hope to see you again soon. whoa, whoa, i got this. just gotta get the check. almost there. i can't reach it. if you have alligator arms, you avoid picking up the check. what? it's what you do. i got this. thanks, dennis! if you want to save fifteen percent or more on car insurance, you switch to geico. growwwlph. it's what you do. ooh... >>psst. hey... where you going? we've got that thing! you know...diarrhea? abdominal pain? but we said we'd be there... woap, who makes the decisions around here? it's me. don't think i'll make it. stomach again...send! if you're living with frequent, unpredictable diarrhea and abdominal pain, you may have irritable bowel syndrome with diarrhea or ibs-d - a condition that n be really frustrating. talk to your doctor about new viberzi. a different way to treat ibs-d. vibe

i can't believe t megyn kelly just got megged by donald trump, he repeatedly insulted her and then gave her charms and she is all smiles. i don't blame megyn kelly for that. that is just the poker with of trump. in fact, that even worked on desi lydic when she interviewed trump. >> mr. trump, i'm just going to come out and say it, are you bad for women, you objectify us, you call us fat pigs. on twitter you blamed hillary clinton for her husband's infidelity. >> well, there was ri a reteet, did i say that? >> yes, you seen said feel shut vote for fiorina because her face was ugly. >> ooh, okay, excuse me. >> trevor: he's so damn charming. so charming. that's why we send roy wood, jr. to set trump straight. look, trump, enough of your [bleep]. returning around talking about the blacks, people getting punched at your rallies and on twitter you out here supporting the goddam kkk. >> thats with a retweet, yeah, did i say that? >> yes, you said that, man. who else am i talking about. you think i'm talking about the cameraman, you just rang him out, you bettary poll giez. >> ooh, okay. excus

the godfather of biotech. >> thank you, meg, and our thanks to the godfather of biotech.you think it's priced in? >> tim was right about this. i'm going to talk to him about it. but biotech is trading like crude started trading like it bottomed out. nobody believed it. more bad news to come. it's now doubled in the last few months. i'm not sake the ibb is going to double, i'm not. but look at the stealth rally it's had over the last month or so. is he right? he absolutely could be. for me, ibb needs to close above 285 before i'm a believer. >> the unofficial start of summer. we've got four sizzling stocks ready for big gains. i'm melissa lee. you're watching "fast money" on cnbc. here's what else is coming up on fast. >> crude's gone wild. but the fun could end next week as a crucial opec meeting looms. we'll tell you what has traders so nervous. plus, here's your portfolio. and here's the market. we'll tell you how to catch up, when "fast money" returns. overages, ever. ever a get your own 24 / 7 dedicated business account team. and with double the lte coverage in the la

storage and infrastructure as well as our helium cloud platform and software assets. >> moump from meg joining "squawk on the street" later this morning. the only thing i would say focus when it comes to technology. hhp goes from one to three in under two years. >> investors love it. nice bounce in share prices. >>> the data pool is challenged today. and it may focus on a trio of fed speakers making the rounds. and we've got harker and kashkari and kaplan speaking at various times throughout the day. tiffany reports emption before the bell. hp, williams sonoma and lions gate after the close. >>> mitsubishi motors restating its financial results for the past year to reflect a special loss of nearly $175 million. that's related to its fuel manipulation scandal. >>> monsanto rejecting a bayer $62 billion takeover saying the bid was too low. but the firm is open to conversations. >>> dicomindustry is looking for better than expected outlook. up 11%. >>> in other corporate news, mcdonald's is one to watch holding its annual shareholder meeting it comes as the fast food giant is experiencing

meg terrell is here. meg?ngs that came out of the woodrow wilson center in weeksy is they need the federal funding in order to stimulate industry and we have an example of some of the companies already working here. a big pharma company is working to adapt their dengue vaccine technology to sika and they are already looking at that. gilad known for the hepatitis contract drugs and a potential antiviral on their vefls and testing for ebola and potentially zika so another one working in the space. a very volatile stock and one of new genetically modified and one to wipe out the specific kind and that's been a very volatile stock. quest diagnostics, a testing company, has fda approval on an emergency basis to test for zika and a new one to talk about today and the consumer company spectrum brands which makes mosquito repellants and made one that comes out among natural brands of mosquito repellants. so that's another one to watch. >> stick with us, meg. "consumer reports," as meg mentioned, releasing its findings

the real update could come at the conference in two weeks. >> thank you, meg. 5,000 data sets. interestingly, biotech was on the move in terms of a sector. we were mentioning it at the top of the show, a lot of sort of risk-on sectors were moving today. biotech was one of them. >> trading 262 now. i still think that 285 level tim cited numerous times is critical it gets back above. i don't see it happening anytime soon. i still think it's sort of mireed in this level. interesting options activity, when the stock was 208 or something, i think it's in the 220s now. i still think the top stock is way too cheap. i get the whole pfizer thing. but i still think allergen sets up well. >> i'm curious when meg starts to hear the rest of the information start to roll, it's huge. asco, that is the event of the year. i'm looking at names like insight, they have a huge pipeline of drugs they're talking about. cancer drugs mostly. just about everywhere from lung to ovarian to whatever. but phase two, that's what people want to know about. phase two, phase three, how are these drug pipelines

. >> meg, watching the shares of apple, and hoping to break that eight-day losing streak and otherwiseright now. the dow is down 193 points, and the s&p is down 22. back in a moment. what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. td ameritrade. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed s

meg whitman will take a board seat at the company. the board will be comprised 50/50 as is the case equally of mergers. but mike lowery will be the ceo and chairman of csc which is getting much, much larger for this plan again for hewlett-packard enterprises to spin and merge its business with that of csc. important to keep an eye on shares of csc. i don't know if we have a look at it. responding very positively not just to this, kelly, but it also appears that the earnings the company put out today are actually fairly strong. in fact, it's the first time the company is seeing year-over-year revenue growth as reported, meaning not accounting for currency since 2011. the company reporting $12.7 billion. that's up 1% year over year but up 5%. that dollar, of course, as you well know has been more stable of late and so the company is guiding and expecting a more stable dollar will allow it to say that it is going to be coming in a bit above for the full year what has been at least where the analysts are on an earnings per share basis rig

meg? >> hi, kelly. there are a couple of ways scientists and companies are working.eally transforming the way we think about medicine. now, one of the nearest to market of these technologies is called gene therapy. to make up for one that's defective or completely missing that's causing disease. spark therapeutics is working in this space. we talked to two kids who are siblin siblings. caroline and cole parker. they have a rare inherited form of blindness that after time they'll be blind. after the clinic, their vision isn't perfect but caroline told us after this procedure she could see snowflakes for the first time. that's pretty amazing. another is called crisper. it's excited scientists. we talked to one of the scientists of this technology at uc berkeley about its potential. >> it's very exciting to think about the potential for this technology to, i think, eventually cure human genetic disease. we have a technology to repair the mutations, we hope, to give patients a normal life. >> many companies are working on it and moving as quickly as they can to move into

meg: they are performing poorly. getting the most out of the money whether it is european investment funds of the infrastructure money that the labor brought in for innovation and research. i want to come back to something that i put you privately about a year ago. part of which have been published as a proposal. a proposal to reverse this inexorable eu ratchet of ever greater regulations. you weren't initially very interested in this proposal by think you became more interested. some inkling of it has appeared in the agreement in annex four. this means we might be able to roll back this inexorable growth the bodys known as the of rules at the eu level. but there's a problem. a fundamental problem it seems to me. this proposal you have negotiated is to be run by the commission. which is scarcely independent. the commission itself will be taking an exam question that it is bound to pass. lorde to read you what carney, the governor of the bank of england, said about this. effectiveness, this mechanism should be complet

meg jacobs, thank you very much for the insights. thank you so much for having me. >>> bill clinton's opinions, will it affect hillary clinton's campaign? some looks ahead. like claim free rewards... or safe driving bonus checks. even a claim satisfaction guaranteeeeeeeeeee! in means protection plus unique extras only from an expert allstate agent. it's good to be in, good hands. & in a world held back by compromise, businesses need the agility to do one thing & another. only at&t has the network, people, and partners to help companies be... local & global. open & secure. because no one knows & like at&t. when your symptoms start... distracting you? doctors recommend taking ...non-drowsy claritin every day of your allergy season. claritin provides powerful, non-drowsy4 hour relief... for fewer interruptions from the amazing things you do every day. live claritin clear. "daddy doing work",d it's funny that i've beein the news for being a dad. windows 10 is great because i need to keep organized. school, grocery shopping. my face can u

hope you'll come back soon, alex. >> thank you very much, meg. >> back to you guys. >> thank you, megr kentucky derby winner nyquist as the preakness favorite gets ready for this weekend's big race. and then, the coo of turner broadcasting will talk advertising and up-fronts. "squawk box" returns in just a moment. images, videos, social updates. we call it dark data. 80% is invisible to most businesses. the ibm cloud has tools that can help see dark data and put it to work. hello, my name is watson. working with watson in the ibm cloud, we can help an energy company predict pipeline corrosion. and help a start-up to use social data to predict market trends. now businesses can get more out of their data. that's what the ibm cloud is built for. >>> welcome back. among the stories front and center this morning. mortgage applications fell by 1.6% last week according to the mortgage bankers association. refinancing activity was actually up slightly as mortgage rates remain near three-year lows. new purchase applications fell. >>> google will introduce a voice-activated home device today ac

carl, back to you. >> thank you very much, our meg tirriel.int on the rise after company reported a gain in postpaid net subs. both more than verizon and at&t for the first time on record. but ceo in hot water after calling its competitor inappropriate names, some argue. coming up after the break, the ceo of sprint marcelo claure will join us. dow down almost 200 points as the selling continues this week. back in a moment. [vet] two yearly physicals down. martha and mildred are good to go. here's your invoice, ladies. a few stops later, and it looks like big ollie is on the mend. it might not seem that glamorous having an old pickup truck for an office... or filling your days looking down the south end of a heifer, but...i wouldn't have it any other way. look at that, i had my best month ever. and earned a shiny new office upgrade. i run on quickbooks. that's how i own it. man 1:man 2: i am. woman: ex-military? man 2: four tours. woman: you worked with computers? man 2: that's classified, ma'am. man 1: but you're job was network security? man

out.rs started megs was all of 36 when he took challenginge most engineering assignments ever, and created what stands as a masterpiece of 19th century civil engineering with inner and waitingst-iron shelves nearly 9 million pounds. a great lover of the arts, and an artist himself, he also had much to do with the art that was to steal the building, including the part played by -- and the choice of the american sculptor, thomas crawford, to create the 19.5 foot high statue of freedom that would stand atop the dome. the gleaming1863, dome of our capital, the focal point of our capital city, and though there have been modifications and additions building in the years since, it remains essentially as it was then -- a symbol of freedom -- a structure be speaking more than any other. our history, our journey -- evoking an encouraging powerfully pride in our system, and, yes, patriotism. and now we are in the midst of another election season, which like so many before will determine much to follow. far more than we could possibly know. clock over there, above the 'sor, on the side of cleo chariot

meg whitman last night. >> on the enterprise, this transaction contains a significant value by unlocking a faster margin, stronger growing business. hpe will have animal revenue and focus on software generation that leverages a world class portfolio of storage, networking converged infrastructure southwest the helium platform and software assets. >> and meg whitman will be on "squawk on the street." and down 63 points in the free market. louisa. >> wilfred, thank you very much. thank you. we were listening. we just had a few ins and outs here in the studio. wilfred, thank you very much. let's move on, on a presidential race, headlines by the two least popular candidates in history. the alphabet executive chairman eric schmidt is no different. julia joins on the set she spoke to schmidt in amsterdam. >> we know he's back in the start of this looking at analytics of hillary clinton. when you hear his views on donald trump what i thought was quite interesting were the comments that donald trump saying that say that data is overrated. i said, what do you think? >> let us start listening to d

this is half of the old hewlett-packard that is still run by ceo meg whitman.spoke to our bloomberg intelligence analyst who covers hpe for more details. what is your first takeaway on this deal, is this something expected? >> it was not expected, but it makes sense. to be quite honest. the focus, one part of the entity focus on hardware, predominately networking, storage, and servers, and then finding a way to exit the services business to a company that focuses on exactly that portion of the business, it is a good strategy. it refocuses the company to a smaller piece of the pie, but the risk here is that now you have an extremely smaller pie that you are focusing on. one that is on hardware, predominately selling to corporate i.t. systems. so, will that be the long-term revenue growth area for hpe and do we need services to bolster that? so that remains to be seen. in the near term, this deal makes sense. emily: what does this mean for meg whitman? >> look, it gives her a sense of focus. the results bear themselves out. after the split, hp has done well. and

and join meg right now is our friend joe zee with our don'ts, and do-overs., people are going crazy on social media over your do-overs. >> they love this. a woman even sent me a private on facebook and said could you come over and make me a do-over? >> you're starting w a do-over believe. and i cannot believe it's j-law. >> let me tell you, though, i love, love, love j-law but even she can have a bad dress day. so here she is in an oscar de l& renta on the red carpet but this is what i would call a goth ballerina look. my first step in the do-o would change the tanktop and make it a sweetheartneckline that's strapless. first of all, i love the shoulders and collarbone on women. that's always so traa travth. and then i w actually turn the dress from black because she's been doing more black lately to more d wine maroon cclor. >> that looks great with her skin. >> i love it against her skin because it really sort of sets her off. add a little bit of an accessory. i would do a choker here because it's so on trend now. >> so much. >> but just the fact that he bla

meg, thank you so much for being here. for those who aren't particular with it, tell us about the playground and what makes it so unique. >> it's amazing. it's huge. there's a 16,000 square foot playhouse, a historic mansion full of toys, only for kids. there's a 6 1/2 acre playground where kids can run and swing and climb and play on all kinds of amazing play equipment. it's free. it's open every day of the year except monday and it's been around since 99. >> i have been there with wednesday's child children that we have taken there. what's amazing, i went to your website, in the late 1890s, people weren't playing, right? they were working on farms and milking cows and baling hay. the place this was designated for simply play for kids in that era was revolutionary. >> richard and sarah smith had a fortune, they had no heirs so they decided to create a place for the kids of philadelphia. fairmount park at that time was a place apart from the city, sore healthy and green, fresh air, and they envisioned a place where kids wo

like seeing our album sales go through the roof enough to finally start paying meg's little brother-new tour manager-with real,actual money. we run on quickbooks.that's how we own it. shoshow me more like this.e. show me "previously watched." what's recommended for me. x1 makes it easy to find what you love. call or go online and switch to x1. only with xfinity. show show me more like this. s. show me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. anthony: welcome back, we are joined by double line ceo jeffrey gundlach. you mentioned donald trump being president and you said there would be a global growth scare. >> i have been predicting a trump presidency for months. i was on the baron's round table in january and they asked who would be the next president and i said donald trump. people gasped when i said that. gary: back in february when you made that prediction there wasn't a person in the room who thought trump would get to the nomination. >> they predict what they want to happ

i think the meg whitman enterprise company better than people think.m surprised that the demand is so high given the fact that there's so many -- people hate that part of technology in the public market. that's a hated part of the market. hated part. seagate, you see seagate? >> i have not. >> don't look. >> i won't. >> avoid that. i don't want to do that to you. >> thank you. >> it's like a 12-0 loss, like when you lose by 12? >> i do. why? are you forecasting what's going to happen to the nationals tonight when the mets play them? >> no. >> i did see mr. met at the espn upfront this morning. >> really? >> yes. >> how do you like that? enough to cut the dividend? >> hd is the big laggard on the dow. good morning, mary. >> good morning to you, carl. the dow is lagging as well off just about 60 points off of worst levels of the session. still the blue chip index and rest of the markets giving up gains from yesterday's session when energy of course was a big factor along with the gains in apple in the rally. let's take a look at the ten-year yield becaus

a lot of analysts say it is too small of a trial. >> meg, thank you.te, you're actually in this trade? >> i am, as of today. i'm on the upper side of the extremes. for a variety of reasons. i just -- what i'm looking at right now, it's incredible volatility. this is the old days of biotech, like we talked biotech still on this desk. i like to define it as you've got the big biotechs that are the pharma types, and biotechs like this that it's all waiting on what's to come. in march it was about 100 implied volatility. in other words, how much movement are people expecting. in april it was 250. and then suddenly you get into may and it's over 300s. the weekly options are trading at an 800% implied volatility. what does it mean? $17 stock looking for a $12 movement either direction right now. so you could either see the stock under $5, you were talking about -- or you could see it trading somewhere north of $30. if you look and see where the paper's been trading recently in here, the may 20 calls, pretty active in there. pretty large open interests develo

. >> and meg did not ask, what, exactly, you talking about. he drew so many things that have drawn criticism but to say once in a while i said something unfortunate and there was no follow-up or detail, a last folks are disappointed. >> interesting phrase that megyn kelly did not go after him she made clear it was not a presidential debate or an interview on issues that were taped well in advance and it would be a softer personality profile but they talk about themselves. what is the impact of donald trump saying, gee, maybe i should not have re-tweeted "bimbo." >> anything? >> not much. the expectations were all up. megyn kelly has problemmen she can take on donald trump and really ask him the tough questions. that is how it all saturdays. again, it was a different time and different type of interview. i don't think there was a lot of gotcha, to trip him up. >> lot of critics did not like it, on whether it was too soft but some may have had an agenda. one called trump bigoted quasi fascist and unstable demagog. and "washington post" called do

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not as a self-funded manful there have been some fails campaigns that started out this way, like a meg whitman or linda mcmahon, spent more than 100 million per vote. they didn't really have that buy in from the voters. fund raising is very important. >> it is. some people say too important, bruce. if you think there is too much money in politic, you've got to be worried about hillary clinton, the democrats. not the republicans. look at this. so far, the democrat, hillary's campaign has spent 157 million. trump's spent 47 million and she's looking to raise $2 billion for the general. >> the idea that trump has been self-funding to this point is not really true, but given his history as a troubled developer, he will try to play with other people's money on this, but i don't think he's going to be successful because when you're a presidential candidate, you have to raise money for the party and senate and congressal races and he's got so many people running for him. >> let me stop you for a second. too much money in politics and of course, the gop has all those friends in big business th

like seeing our album sales go through the roof enough to finally start paying meg's little brother- mean,our new tour manager-with real,actual money. we run on quickbooks.that's how we own it. from icy ocean waters...to your wild-ckitchen counter. mon. when you cook with incredible ingredients...you make incredible meals. get your first two meals free at blueapron.com/cook. because my teeth are yellow. these photos? why don't you use a whitening toothpaste? i'm afraid it's bad for my teeth. try crest 3d white. crest 3d white diamond strong toothpaste and rinse... ...gently whiten... ...and fortify weak spots. use together for 2 times stronger enamel. crest 3d white. anthony: we are in las vegas with former treasury secretary larry summers. what is the secular stagnation. >> people want to save more than businesses want to invest which means there is downwards pressure on interest rates, always the prospect of bubbles in existing assets because people don't want to create new ones. a tendency toward slow growth and low inflation. it's a defining malady in the industrial world. the wo

like seeing our album sales go through the roof enough to finally start paying meg's little brother- mean,our new tour manager-with real,actual money. we run on quickbooks.that's how we own it. this cit added this other level of clean to it. it just kinda like wiped everything clean. my teeth are glowing. they are so white. i actually really like the two steps. everytime i use this together it felt like leaving the dentist's office. crest hd, 6x cleaning, 6x whitening. i would switch to crest hd over what i was using before. anthony: we are in las vegas with former treasury secretary larry summers. what is the secular stagnation. >> people want to save more than businesses want to invest which means there is downwards pressure on interest rates, always the prospect of bubbles in existing assets because people don't want to create new ones. a tendency toward slow growth and low inflation. it's a defining malady in the industrial world. the word secular means it will be with us for a long time. i think we are talking about a decade. and beyond that it's hard to be visible. it doesn't m

joe edelman, and meg terrell, thank you.fwroo and coming up, billionaire stan druken mill ec says it is time to get out of stocks and buy gold. and also other stocks that are down ahead of the trade. , social updates. we call it dark data. 80% is invisible to most businesses. the ibm cloud has tools that can help see dark data and put it to work. hello, my name is watson. working with watson in the ibm cloud, we can help an energy company predict pipeline corrosion. and help a start-up to use social data to predict market trends. now businesses can get more out of their data. that's what the ibm cloud is built for. >>> coming up in 19 minutes on "power lunch" the biotechs are down this week, and is it a buying opportunity or are the stocks headed down low eer? >>> and one of the stock categories bullish on amazon says it is going to be a 3 trillion tlrz bill -- 3 tr$3 trillion business, and should you buy? >>> and with will look at how business and conservatives will back trump, and if the that is going to happen? back to yo

>> reporter: for all the time and effort meg be spends, she's not really concerned with what the arrangements look like when they're done. the flowers she knows won't last. she just hopes the bonds they strengthen will. >> so touching. >> mother's day isn't the only day. she goes on thanksgiving and brings an entire thanksgiving meal for the kids there and paid for it out of her own pocket. >> she's very sweet, great personality. >> real connection with the young people there. >> so important for the kids to have that connection with their own mother too. that's wonderful. >>> the cube on top of the mountain stays. the board voted to save the concrete structure on mt. umunhum. the historic site added to the heritage resource inventory. meaning that radar tower cannot be torn down. for years a battle brewing over whether to take down the cube. it was used to detect bombers during the world war. since then, it's turned into a symbol of sorts of the silicon valley. the midpeninsula regional open space district which owns the land wanted to take down the cube to restore the area to its natural st

they pack so much into each cup, and ross and meg say the more you come, the more flavors you might find. justin finch, cbs-3, "eyewitness news". >> sounds good to me well, not everyone wants to be photo shopped. >> and including singer megan trainer. still ahead on "eyewitness news", why she said she was so embarrass bad her new music video that she pulled it. katie? >> brooke, once again looking at some dreary conditions for yet another day. will this end? will it eventually? i promise it will. when you can expect to see the sun and also a warming trend, all coming >> yesterday we showed you the rare transit of mir cure i, detailed it in a special map. made the color coded model using more than 100,000 pictures taken by the messenger spacecraft. astronomers say it will help them understand the volume cane i can activity that shaped mercury's surface. >> cool. >> and it is cool outside. >> what's happening? i had to have the heat on. >> bizarre, i know, heater in the car, now approaching the middle of may. what's going on here? >> what's happening? >> well, different story last week. th