because micron has criticized germany's export policy. he is not a smooth guy.e is going to come here and tell merkel she needs to do something about austerity and look at the investment made in germany and france. in france, it's higher. we do not invest enough in europe and our lost generation, it's not only a lost decade in europe, it's a lost generation we have. i mean, we need to do something for those people to have them believe in this europe again. peter: to pick up on a point you maybe short while ago, the time has come for angela merkel to dump wolfgang schaeuble. for her to decide, really, but one has to say -- peter: you are being very cautious. think itause i do not is the job of a journalist to advise the government to make this or that decision. peter: he stands for pulling the break. >> the idea that there has to be a limit to what a government can borrow is one of the most stupid ideas that has ever been introduced into policy. reader: prevailing poverty in the european union. the point of being a government is that you can are as much money as

un encuentro muy especial para muchas personas, micrÓn de pensaron que el presidente iba a hablar-- dÓndehÍ vemos al presiente bailando uno de los bailes mÁs tÍpicos en el mundo israelÍ. nadie pensÓ que iba participar de esta. -- esto. muchos pensaban que iba hablar mÁs duro y firme sobre la religiÓn musulmana. carolina: continÚan los escÁndalos en la casa blanca por esas interferencias rusas en la elecciÓn de los estados unidos. a ver: no se quiere hablar sobre eso.-- javier: no se quiere hablar sobre eso. carolina: la agencia de noticias cita comentarios o sobre esto. parece que Él estÁ dispuesto a colaborar con esta investigaciÓn. javier: por hablar en espaÑol, fue vÍctima de insultos. carolina: estaba hablando por telÉfono en espaÑol, y le gritaron que tenÍan que aprender a hablar inglÉs, que estaban en estados unidos. Él lo subiÓ a las redes, para mostrar cÓmo la violencia llega a los inmigrantes. javier: le preguntamos por quÉ decidiÓ grabar este vÍdeo que han visto millones de personas en el mundo. >> al principio comencÉ a grabarlo para protegerme. vieron en el vÍdeo que al final,

also in the end it depends on the political will of micron. he has shown he's a strategist, a hard-nosed politician. if anybody can do it he can. >> thank you much. back over to sarah. >> a controversial ruling. a court has ruled that facebook is allowed to block a family from accessing facebook accounts of deceased relatives. a mother had been selling the social media giant to gain access to her daughter's messages and posts which he hoped would reveal more about her death five years ago. >> a berlin metro station, a 15-year-old girl overrun by an incoming train. whether it was suiuicide is unknown. to find out if she was s bullied onli t the parenents tried to gt access to her facebook page. alalough they y have the login code the site was blocked as facebook's which did in two deceased mode. >> on the one hand the court appreciates the desire of the parents to clear up the circumstances of their child's death. on the other hand the court is bound by the law. there were difficult constitutional issues to decide. ruling was not easy to reach.

mike ross challenge will be -- micron's challenge will be how do you bring together all of the various laws? there are six blocks to the party blocks in the french national assembly. macron;s movement doesn't have any representatives in the national assembly. le pen only has two representatives in the wrench assembly. so i think it will be different. what macron will have to do is bring together elements of the socialist party and potentially also the far left communist party whose current leader has not endorsed macron and whose representatives may not support him in the national assembly either. he will also have to bring on the central right, the republicans, if he wants to have a real majority coalition. he will have to reach across various aisles in france to try to build some force for his political agenda if he is still up to it. we are talking to alina polyakova. good morning. caller: good morning. this show.l, i love it is very informative, and to get right to the point, i decided a long time ago i wanted to create a government that was people who want a global representation

you can see, hopefully, hopefully, micron winds in france. >> it's great to be a geopolitical issue vs. wti. so that spread could be widening for different reasons. on that chart that we just showed the reason why wti broke down, there were china risks, global growth risks. there was also as you said north korea, there was russian risks back then, too. so there is a lot of stuff that's happening now that happened then. >> why are the markets seemingly so complacent about all of this? there are things happening. >> earnings. >> earning were driven. >> that earnings, that top line growth is phenomenal. >> but we rose on the expectation for deep earnings plus the bunch of political stuff. and now we don't have the political stuff, to your point, necessarily. and we're still up here within a percent or whatever of record highs. >> we have right now is a year ago, people were shooting first and asking questions later. people had the dollar going to 110 people were totally wrong in terms of the macro-factors that were going to unhinge the market. you have a place where there was a lot of int

the system including license plate readers, shot spot microns and video cameras since november 2015 the chp estimates there have been 85 highway shootings in contra costa county alone opinion the. >> let it be known that there are cameras on the freeway. let it be known that if you create a horrible act that it will be recorded and that you will be held accountable for your actions. >> county officials say it will only be a matter of months if not weeks before the cameras and the shot spotter microns are up and running. >>> new at 6:00 tonight scarey moments two people in a car. teetering on a edge of a southern california overpass and look how close it came to going over the side and plunging into traffic below. this is a connector to the 91 freeway in corona about 51 miles southeast of l.a. pch the freeway shut down causing back ups it unclear how the car ended up there. >> let's bring in meteorologist jeff ranieri seeing a change in the weather going to get cool and then hot hot hot. >> got that right. tufrmts could be increasing some 20 to 30 degrees this week. before we get for the

french president-elect, emmanuel micron has never held an elected see.ething he hasn't common with donald trump. he looks for to working with a new french leader. and now the new u.s. french relations, and president of the white house correspondents association. glad you're here with us today. >> it's nice to be with you. i want to start with the president's tweet which echoes what reince priebus has said about the election before we got the results. that mr. trump would work with either candidate, still all he never endorsed one of the other he did make complementary remarks about le pen. what we think now? >> it's interesting what you said about there being similarities between trump and micron. that's true in regards to their political experience. there is ideological similarities between trump and marie le pen. though the white house was careful to say that he was not endorsing the populist methods that they both had in the respected campaign is a similarity that no doubt he would enjoy having at a mug of raigoverning level if le pen had gone that fa

as far as the republicans are concerned, it depends partly on pits -- seats on mosh how many seats micronsormer movement -- seats macron's former movement gets. interesting but as douglas said, this is interesting now in terms of how macron choreographs everything between now in the parliamentary elections. -- and the parliamentary elections. >> the choreography is crucial here. it is not really rocket science. i think there are three block propositions here. one, he is able to cobble together a working majority. working hollande had a majority, but his own party was so divided that it was an in operational working majority. majorityds a working to work with him on his reforms to push through a very ambitious reform agenda. or, the coalition -- the idea of this coalition. france is not typically good with coalitions as in the sense of germany. in germany, we talk about grand coalitions, parties on opposite ends of theosite political spectrum coming together. pollsf the recent french -- they have been pretty good. they have gotten it right. let's give credit to where credit is due. the poll

it's .01 microns, it could be like rain if you get enough of it coming down. drizzle can produce .1 inches of precipitation. that's a possibility along the coast. tomorrow wake up, maybe some drizzle along the coast. the temperatures warm up into the mid 60s, at best. tomorrow is another cool day, clouds, we start with the drizzle and some sunshine in the afternoon. >> california water managers opened the gates of the oroville dam today. right now the spillway is holding steady with 30,000 feet of water per second heading down. crews are getting ready to make repairs. for the next 10 days, water will continue to flow out of the spillway, the damage and water emergency that happened in february is hard for many residents to forget. >> february 12th that was the day, it was my birthday, everyone evacuated on my birthday, they missed the party. >> my mom got evacuated from the grocery store. >> the geas will be closed later this month so work can begin to fix the spillway, they are trying to get it operable by november 1. >>> a cal rugby player has been paralyzed

micron -- mr. mac run -- mr. macron wants negotiation's to take place by company. it's fratricidal because negotiation by company is to throw pick companies one against the other. you know full well that in the sectors, there will be the large companies that, of course, will be able to adjust the working time, but now there's more companies. that is your plan. the big, the small. i'm opposed to that. if negotiations happen, they have to be by sector and not by company. who wants a law to the power of sin, we do not know the executive order. i assume there will be the scrapping of the indefinite term contract for the roadmap that the eu, and you are taking the boxes with a great deal of discipline. you are very disciplined and respected. >> ok, but this out right deregulation, this breakup of labor laws obviously will be a policy that creates more precariousness, more jobs, but additional unemployment as long as we do not change the economic model defended by the system that is behind you, all the socialist ministers who are supporting you. >> i'm waiting for your a

saying, what we saw with micron, we expect him to win handily. anna: thank you very much.e stays with us here on daybreak europe. >> highlights for your day. the gdp hits the tape at 10:00 a.m. u.k. time. the fed policy decision has 7:00 p.m. u.k. time. earnings from facebook and tesla. >> the fed the sites, the u.s. central bank sets rates the day investors await clues on the path and the balance sheets. your roundup comes next. this is bloomberg. anna: welcome back. it rate decision from the u.s. central bank today while markets are skeptical of any action on rates today. investors will look for clear see not just on the cap but the fed plan to run off the balance sheet manus: let's pretend kathleen. good to see you, let's start it off with risks. signal, what do you think the signaling is going to be in terms of the concerns? we know the signaling will be subtle but we know because it is all about the fed's policy statement. those words that they so carefully choose are going to carry potentially big weights. they are not expected to really signal they are deviating fro

at times she was really fidget wg the micron and trembling when she talked about it. the officer stared straight ahead the entire time showing no eyakem. >> thises the first time this woman has testified since she told investigators last year she had sex with as many as 30 bay area plofrz some when she was still a minor. formerly oakland p. d. officer listened for more than two hours today as she described how the two met at a hotel and had oral sex last year. afterwards she said the bundt warned her about a prostitution sting. she caught up with the officers's attorney who said he is not surprised it's going to trial. >> a preliminary hearing is probable cause hearing a strong spish isn't all that's required to hold someone to answer. it is 98% of the time the fact a you are held to aenz. >> om of the evidence came as she read from text messaging describing how he called himself superman? april 162016 she said she decided to, quote, snitch on bundten after she said she learned he was talking about her with another officer who she was also having sex with. a total of

who can best form a tandem with micron -- macron?e says together with germany, he will mold a new europe. who is more suitable? the cannot be any alliance between france and germany because the german economy is hitting the french economy very hard by our exports, and macron made very clear that he will address the issue of german export surpluses, and also the spd thinks having export surpluses is a very good idea, so macron will clash with any politician that comes from germany, no matter if it is schulz or merkel. anna: i think what we saw in the past days was actually quite hopeful. started to macron govern and even before we know who is going to govern germany after 2017, some of the most critical points were sort of swept off the table. charlotte -- charlotte -- schauble, the minister of finance in germany, said they want a minister with a known budget, which is something the french have in their program for the european union. on the other side, macron said while he does not insist on euro bonds or for the communal is asian of

apple today said that 51% of the population don't want a man u micron to have a huge majority.acron. i make out that he is 20 million votes of 47 million people who voted. marine le pen got 11 million. so he got twice as many as marine le pen. that is a good thing from her perspective. but there were 60 million people who did not vote or cast a blank. —— 16 million. that is almost as many as voted for emmanuel macron. 1296 million. that is almost as many as voted for emmanuel macron. 12% went voted for emmanuel macron. 1296 went out and voted blank or a spoilt ballot. he won 6596 of the vote, that is not realistic, is that? what we have witnessed today is an earthquake. a political earthquake france. the system would change, but we don't know what the tremors will be. it is could have an impact on all the parties. 0n the socialists, and the republicans. they might split two. the big test will be in parliament election. we are just halfway through the electoral process. this is where we find out what can the committee can count on, can he have a majority? we know he has the back

for le pen in the past, president trump says the at twitter that he looks forward to working with micron, who will -- ma cron. republican leaders in congress are defending the health-care bill passed by the house last week. health and human services secretary tom price said cutting nearly $1 trillion from medicaid would get states the freedom to tailor their own program. >> medicaid is a system that deals with the disabled, elderly, and helping mom with kids -- moms with kids. you have got to treat every single one of those individuals kimberly: democrats are not the only ones criticizing the bill. ohio's john kasich said he and his fellow republican governors have concerns. governor kasich: how do we think that the mentally ill have the ability to pay the deductible on an insurance policy that they have -- that they can buy for $3000. they are 40 years old? buying an insurance policy between $3000 and $4000. it is inadequate. kimberly: lawmakers are expected to make major changes or come up with their own legislation. new developments involving russia. this morning, the president sent o

micron has stated he is a committed to the eu, committed to the eurozone, he is not committed to theis not committed to the german trade surplus, there will be a little fire between the countries but economic it, much more on the same page than they have been for the last decade in terms of what is required because again, look to berlin, we've seen some profound labour reforms, what many see as key to delivering that economic growth we've seen and particularly that has shown itself in post—financial crisis, hasn't emerged in france. whether macron can deliver that, he's advocating slow pace to reform but he thinks that will deliver, we could be talking many years before it does. ta nya, talking many years before it does. tanya, thank you, we'll see you again later. with me is dr francoise boucek, lecturer at the school of politics and international relations at queen mary. university of london nice to see you and welcome. tanya running through some of the economic issues that mr macron has to do with, i suppose the question is where does he start on fortune be first on his list? firs

semi conductor stocks like micron and broadcom active today.ollar hit a new low since the election, that helped in commodities but didn't help commodity stocks at all. transports had a rough day but very similar circumstance, naysayers says the transports topped out several months ago as well. you see here hitting new lows for the year. low volatility names survived today, generally defensive names, colgate, proctor & gamble, coca-cola. all had fractional gains. overall, what happens tomorrow and interest in buying on the dip. we hear about people very interest in buying, 5% down so they can buy more. they're not excited about buying up here. let's see what happens in the next couple of days. >> see if they take 2% or 3% down or miss it. bob thank you very much. time now for cnbc update with sue herera. >> hi, kelly. here is what is happening at this hour. oklahoma's governor mary fallon taking a firsthand look at the massive damage left by a tornado that struck the western part of the state last night. she met with residents whose homes were c

micron was one such stock, with morgan stanley raising numbers area once again, he thinks the pricingr looks really strong, adding a bit of a tailwind to nvidia, but then we another stock going lower, and we had some of the chinese internet stocks trading lower, helping to explain why the nasdaq itself finished down ever so slightly, but we have one other bright spot, and that is tesla with another record high. we have a great chart of this stock all of the way from the ipf back in 2010, and look at that. the stock is up more than 1800%. maybe just technical momentum, but those gains over the last years, emily, really speak to the investors cheering elon musk's vision and passion for the market. emily: all right, amazon testing the $1000 milestone. what happened? abigail: a lot of people were talking but amazon and alphabet. morning, just lightly above $1000, and here we have another great chart from amazon's ipo. look at that. 51,000%. this really reflects the company move into the clouds, the web services, plus their dominance in e-commerce. speaking of that, let's take a look at a

it looks like this scene is set for a micron win. mean we can ride on volatility for now, at least until the french election? >> the election related volatility has dissipated. to tapered to start the program as we going to the second half and moving to 2018. shery: also brexit. we continue to talk about it. we are hearing reports that the eu has raised the opening price of the uk's brexit bill to 100 billion euros. tensions seem to be rising between the sides. we are seeing harsher rhetoric from both sides. how will this affect markets in the upcoming weeks? >> we think the pendulum in the u.k. has long from overly pessimistic going right after brexit, then became very optimistic at the economic numbers look very strong. the pendulum is starting to swing once again. the u.k. economy is starting to slow. it will be a contentious negotiation with the eu. we should see the weakness coming into both the u.k. and the european markets as well as volatility in the currency in the months ahead. yousef: i want to look ahead to the fomc. bloo

french president and manuel micron joint with president franÇois belongs to celebrate ve day.n a landslide, beating far right candidate marine le pen. strength, the energy, and the well, because that is what has carried us to this position, and that is what has made us, and that strength well in sure our future. we won't give in to fear, division, and lies. >> krohn is an independent who had never run for office before. -- macron. rex secretary of state tillerson will meet wednesday with his russian counterpart in washington. he and sergey lavrov will discuss syria. syria agreed to the establishment of so-called "de-escalation zones," but fighting continued over the weekend. trump is distancing himself from michael flynn's troubles. he is tweeting that it was the obama administration that gave him the highest security errands. former acting attorney general sally yates is expect it to testify in a security briefing that she warned about conflicts between flynn and russia. order aimedxecutive at temporarily halting travel from six mostly-muslim countries . global news 24 hours

micron telling a french newspaper showing that he would not concede anything to trump. e he can still have a cordial relationship with the u.s. leader. new developments involving the president's son-in-law, jared kushner. the white house a visor is under intense scrutiny after it was revealed that he tried to set up secret communications with the russians before the inauguration. communicateat you with people, particularly organizations that are not particularly friendly to us? that's not a good thing. >> i think there should be a review of his security clearance to find out if he was truthful or candid. of homelandecretary security, you saw him there, the only one from the administration to defend kushner publicly. a lawyer that trump hired to defend him in the russia probes visited the white house. he was seen leaving the white house with kushner's wife and president trump's daughter, ivanka. cabins of all international flights to and from the u.s. it might not be popular, but kelly said that it might be necessary. >> that's the thing that they are obsessed with, the

as for those movers that did stand out in the session, micron was one such stock.h morgan stanley raising numbers area once again, he thinks the pricing their looks really strong, adding a bit of a tailwind to nvidia. but then we had another stock going lower, and we had some of the chinese internet stocks trading lower, helping to explain why the nasdaq itself finished down ever so slightly. another brighte spot. that is tesla. tesla has yet another record high. we have a great chart of this stock all of the way from the ipo back in and look at 2010. that. the stock is up more than 1800%. it is not clear what drove the stock higher, maybe just technical momentum. but those gains over the last years really speak to investors cheering elon musk's vision and passion for the electric vehicle market. emily: all right, amazon testing -- passing the $1000 milestone. tell us what happened. abigail: a very exciting day, a lot of people talking about the race between amazon and alphabet. it happened for amazon this morning, just slightly above $1000, and here we have anothe

. >> caller: there is some valuation concerns about mic oro micron effect technology. >> they said, weon't want to overstay our welcome. because the price for d-rams have gone up, there's going to be a huge amount of d-rams being made so i thought it was a good report. let's go to dustin in west virginia. dustin? >> caller: hey, jim. i'm a college economics major, and a young investor. >> fabulous. >> caller: i don't have a lot of capital to work with, i have a question about chesapeake energy. >> chesapeake is cheap if it's a real hot summer and it's not cheap if it's not hot. it's a call on the weather. because that is what controls natural gas. if it's real hot, that stock will go higher. alex in pennsylvania. >> caller: jim, i'm calling from westchester university and my question is do you think that square can keep up with the growth? >> they had an excellent quarter, but it's a crowded space, the stock is at 19, it could go back to 18, at 18, pull it. >> caller: it's joe here in the university miami university in oxford, ohio. i'm calling about stamps.com. that stock has smashed.

without a parliamentary majority in the national assembly, micron would be facing an uphill battle.ut the latest polls are going in his way. his political movement, which ,ranslates to on the move according to opinion polls, they would get anywhere between 240 and 260 seats in the national assembly. they need roundabout 290 to get a majority, so they are not quite there yet. the political movement that has just gone about a year, that is tote an extraordinary feat get that many votes and that many seats. we will have to wait for the legislative elections. things are looking better than they did for emmanuel macron when it comes to the legislative elections about a month ago, but he still has to cobble together some sort of coalition, which means either's has to lean to or theerate right-wing left wing mp's from the socialist party. that uphill challenge lies ahead for this youngest ever head of state. you see the attention of the euro markets. really appreciate that. let's get you caught up to date with first word news with rosalind chin in hong kong. rosalind: the first cash spotte

micron's party is preparing for elections to the national assembly next month. candidates will include people from the republicans and socialist parties. companies are finding it harder made make -- brexit it worse. that's according to a recruitment and employment confederation. the group says the availability of workers fell last month at the fastest pace in 16 months. it's report warns that a lack of -- immigration rules is putting him nationals -- taking jobs in the u.k.. koreans presidential -- candidate has been chosen after his rivals conceded, the crowd -- to leave the country with -- and lead the principles that the country with principles. there was toy might -- turmoil caused by the ousted president's corruption scandal. ofn's victory and the decade conservative berlin south korea. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton, this is bloomberg. david: but at some analysis of that south korean election, the effects it could have an u.s. foreign-policy. nick wadhams was recen

memo micron -- emmanuel macron, promising unity after a bruising campaign. >> i would like to say a few to those who did madame -- voted for madame le pen today. do not boo them. i respect standing up for your beliefs. i will do everything i can to see that these people no longer have any reasons to vote for extreme ideas. then, hetween now and will focus on picking a cabinet. how much can we extrapolate from this election, john? call it ahave to victory for centrism in france and sort of globally. the answer is if you had a choice between macron and le pen , quite a lot of people voted for him did it through clenched teeth or just because they wanted to keep her out. there was definitely a defeat for le pen. the full extent of macron's of victory, lumpy known for a time. -- won't be known for a time. the truth is, it doesn't matter. it's not unusual for people to win narrow victories and then try to do a lot. in this case he can claim 66 for -- 66% of the vote. david: what have we learned about how he might govern? a description of him as a social liberal with pro-business reform and n

. >> reporter: his air monitor measures tiny particles 2.5 microns wide. 1/30th the thickness of air. it can get trapped in the lungs. kit invade the bloodstream and lead to lung cancer and heart attack. >> is this an invisible kill center >> yes. can it be. >> reporter: at san francisco child asthma clinic, this doctor believes bad air is contributing to bay view's epidemic. >> they are coming into hospital with be exacerbation. >> she installed an air purifier but her son still has asthma attacks. >> how do you feel? >> helpless. >> reporter: if this air district map is any guide, the bay view area is engulfed in the in the any particles tied to asthma. >> i was in awe. >> reporter: when she was a gold again gate university law student she wanted to limit the amount of dust. >> it hasn't been inspected in five years yet their permits have been renewed consistently. >> reporter: one plant wasn't permitted. another was processing three times dust and sand than their permit were loud. many violations were issued last year after questions were started to be asked. >> we have done and ev

president is congratulating the french leader in a tweet, saying that he looks forward to working with micron. hillary clinton center own congratulatory tweet, but with a hint of bitterness saying that victory for france, the european union, in the world defeats those interfering with democracy . that last comment observation last week that she blames her own political defeat on russian hackers in the fbi director's revival of the investigation into her campaign. party is pen us front looking for makeover after that crushing loss, saying that the parties gearing up for a name change to help to pull in more supporters in france. the new french president will be sworn into office may 14. back up to you. president trump's travel ban is headed to court. the u.s. court of appeals in richmond will hear arguments on a decision that puts part of the order of hold. they the ninth circuit are arguments on another decision on the order from hawaii. the travel ban seeks to ban entry from people from six majority muslim countries. autria: james klapper and sally senate judiciary committee and yates is exp

. >> a real interesting call out of morgan stanley raising numbers from micron.s this important? the pricing remains robust for d ramps. lot of felt they were about to roll over, au contrare. this is a stumbling block to profitability. >> why don't they? >> there's not enough supply. the new version of d ramps are harder to be able to -- you can't just build a plant like it's gypsum board. they're too hard. i like this call but when they do come up with a plant that makes the additional d ram, that's what morgan stanley was thinking. >> r.g. is implot the spud stud. >> you he showing tremendous -- you're agile today. >> thank you. >> you're yankee like. >> it's not just planting a crop of potatoes and having them come up. it's more complicated. >> wesson was sold to j.m. smuck smucker's, speaking of fries, oil. been to mcdonald's lately? >> no. >> why is that stock at 150? >> i do not know. >> not just clean bathrooms. great products. wendy's doing great, red robin gourmet, i got a coupon, that thing is hitting it out of the park. >> all right. we'll keep an eye

nvidia doesn't look like qualcomm on micron. there's a little bit of something for everyone in tech. you want to be b a real high growth investor, you can be in amazon, nvidia, fabcebook. you want to be a big value investor, i am. so i like the cisco's, the qualcomms and intels of the world, but there's something for everyone in here. it's a little difficult to paint such a broad brush stroke for tech. >> i think overall, there's something to be said about this idea. it's really the software as a service and cloud services that's what's everyone wants to own and the stuff they seem to be shunning now is the hardware, nuts and bolts, away from semis. cisco is a great example, a good company. it does not have the type of rocket fuel oriented growth that companies that are more involved with cloud services have. or that a sales force on adobe. the software companies that have migrated their models away from a one-time enterprise sale and consulting contract, these are the hottest stocks on the planet now. >> look at auto desk today

first one, chip stock, take a look at the nice rise we've seen out of micron.ing the june 31 calls. very aggressively today. stocks over $29. as you can see, average volume the pretty small. i got right in there with them. probably be in this for two to three weeks. then an energy name. because you were talking energy. range resources, again, 1.5% move on a small move out of the energy complex, but they were in here buying the a call spread, the 24s. which is right tat the money. the 24 strike call, they were selling the they're looking for a quick bounce and could turn a small investment into about four times their money in the next several weeks if we see more climb out of range resources. i'm in that one as well. >> i was going to ask you if you're along for the ride. >> all right. doc, back over here. over to sue. >> i do. thank you very much. here's what's happening at the hour, everyone. bmw is recalling more than 45,000 older cars because the doors can open unexpectedly. covers certain 7 series vehicles from 2005 through 2008. excuse me. it is still work

dropped position in yelp and took a new position to micron. >>> jeffrey immelt is pouring more moneynto his own company. he bought another 100,000 shares of the dow component yesterday for roughly $28 per share each. immelt now owns more than 2.5 million ge shares. ge has had a difficult start to 2017. >>> the top story out of washington, the white house denying reports that president trump shared highly classified intelligence information with russian officials. tracie potts has more. >> good morning. the report says that the president shared information that perhaps russia already knew, but the intelligence ability lie wally who gave us that information did not give permission for it to be shared. now there's concern that we will not get information if allies cannot be assured that information will be kept classified. this reportedly happened last wednesday when russia's ambassador and foreign minister were in the oval office. we saw the pictures, only because of russian media, because u.s. cameras were not allowed in. it was during that meeting that the post alleges that the presi

the micron -- they make a lot of flash but they're principally known as a d-ram maker.the stock did not go up. often that's a sign by some people to say you know what, this is really a price rise too much. there's been a 46% increase in capital spending to try to make more d rams. typically by asia. when pricing goes up this much there tends to be a crash. when i talked to apple last week, they were really saying that, look, the inside -- these costs, d-ram in particular, going to come down big which is going to really expand the gross margins for apple. i think that when you read this, you should think two things. one, the semiconductor equipment and the d-ram market are -- they're getting less hot. certainly come down in price. because of just an overwhelming supply. but the companies that use them, in particular apple. very big windfall. don't forget. i know warren buffett talked about apple. he was indifferent about whether he was buying it or not. but if you want to see an expansion of gross margins, d-ram prices come down. they buy a lot of them. >> the other one

and analyst commented that micron should be able to beat estimates.know, swings around quite a bit. the shares up 2.5%. we see -- it seems pertinent as we watch these tech shares rise and look at outperformance, to look at valuation. we still have verizon and at&t in here. we had an upgrade for these today. let's look at the bloomberg. we have a look at valuations, enterprise value to the bitter. index ines the world white, with the world index overall in blue. you can see during the tech bubble there was a huge gap up in valuations versus the msci world index. since then, they have tightened back together, and there is a little bit of a gap, but it is nowhere like where we saw in the tech bubble. bu wouldhat the tech thankll there iss julia: you -- is. scarlet: thank you. data today shows inflation slowing, even as income commencement continue to rise. joining us now, michael mckee. we had their the latest batch of economic data summary. was any other enough to shift expectations of the june rate hike that is priced in from 84% to 100%? michael: it w

micron 52 week high.you have to be concerned that d ram prices go higher or do you think it will peak in the next year? >> i think it begins to stabilize and it will begin to take a downward cycle. but i think that's probably still another 12 to 18 months. a long cycle, as they go through putting capacity back. >> one personal question. and maybe our cameraman can get closer. is it time for me to get a new hp? >> it's time for you to -- >> do you think so? i love this thing. >> it's still running. incredible. >> it's fantastic. i felt like -- >> we have a lot of choice. we have a lot of choice here. the thinnest laptop in the world and the most secure. >> congratulations, you did everything you said and predicted and more so. dion weisler, from hp. they really deliver. >> thanks, jim. think again. this is the new new york. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships to grow t

. >> micron. giddy up. >> my nimission is simple, to me you money. i'm here to level the playing field for all investors. there's alwayswork in summer and i promise to help you find it. mad money starts now. >> hey, i'm cramer, welcome to "mad money." people want to make friends, i'm just trying to make you some money. my job is not just to entertain but to educate and teach you. call me at 1-800-743-cnbc or tweet me@jimcramer. s&p down 1.2%. nasdaq declined .11%. we need to confront the principle dilemma of the market. what do you do if the conventional wisdom that washington can't accomplish anything is correct? >> trump stump. >> what do you do if president trump's tax reform plans are really dead on arrival in congress? like most of the media seems to have concluded. even as the president tweets everything is ahead of schedule. well, you know what you do? you end up buying stocks like amazon, that's what you do. why amazon? it might sting when the stock, because it touched 1,000 today and it has become a storied component of the era of single oka

education secretary bill bennett will describe what these meltdown say about modern meetig with emmanuel micron'sly wright. back to tucker. ♪ >> tucker: sociologist charles murray book "coming apart" may be the most single important book in print describing the rise of donald trump, in other words, college students could learn something from it. it but instead, when he tried to speak at middle middlebury college in march, another professor was so intimidated by the mob, he apologized for inviting him at all. we recently spoke to the secretary of education and ronald reagan's administration, bill bennett, about what happened. >> tucker: this does seem, one of a million examples, but it seems particularly illustrative because middlebury is a serious school. it is a famous school, well-regarded. hard to get into. here, you have a professor who has learned exactly the wrong lesson from what happened with the murray speech of. are you surprised? >> i'm not surprised by that what goes on at places like middlebury and we have seen it at other campus. the odd thing is to become i know charles murray very

he is always like most of the guys on the team very deferential to everybody else but micron has donea fantastic job pushing all of the right buttons, motivating everybody. they are in great hands. here is the schedule. june 1st. that is game one. got to wait nine days. >> game two is a sunday. oracle. jason on the road. either in cleveland or boston. >> i think we are all thinking cleveland. >> mike brown wants to be in cleveland. >> used to coach the team. led tome this the finals. >> thank you. >> all right. >>> take a moment here to think about bay area weather and how it's changing through this week. >> yeah. for the folks that don't like the heat we have a cooldown that's underway. it started yesterday and continues this afternoon. here is a look as we head outside. mostly sun sunny skies. we are looking at temperatures not quite as warm as yesterday. just a bit cooler in most areas. 71 degrees right now in santa rosa. 62 in san francisco. oakland 65. san jose 72 outside your door. here is a look at the 24 hour temperature change. we are down by 24 degrees. the inland areas are

. >> micron. giddy up. >> my nimission is simple, to me you money. field for all investors. there's alwayswork in summer and i promise to help you find it. mad money starts now. >> hey, i'm cramer, welcome to "mad money." people want to make friends, i'm just trying to make you some money. my job is not just to entertain but to educate and teach you. call me at 1-800-743-cnbc or tweet me@jimcramer. s&p down 1.2%. nasd

a month later, nvidia, amd and micron are the big winners. apple fares well, also. the halftime report with scott wapner is back in two minutes. ♪ can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. >>> mcdonald's getting more love today from wall street. goldman sachs updwrading the stock to a buy. they admit they're late to the party. we acknowledge we're upgrading near an all time high in shares they say. good call? >> well, at least it's good to get off the neutral. >> there's been five upgrades this month. >> yeah and because of the outperformance that you've had here, judge, i can't jump on it with them. i'd much rather on sonic at this level than chase the 16, 18% whatever mcdonald's is is up. sonic is up on. i like the opportunity there to move u another 15, 20%. if i owned it, i wouldn't sell. >> this one feels like it's go a lot of momo back. right? the comp's most recently, were good. it's more than just th

. >> i take a look at micron and i would be remiss, i apologize, steph, got a little heated but loveyou, too. >> we're one big, happy family for the most part. >> absolutely. >> we throw food at each other, yell at each other every now and then. >> all good. >> the sales force at $90. i like it. if it's weak, you buy it. >> joey, what have you got? >> dunkin. i see the opportunity out west for them to expand. i bought the stock yesterday. yesterday afternoon. >> josh, doughnuts flying out of each one of the stores. no, i think dunkin, momentum and koch fee right now a $60 stock. >> let's put a lid -- a bow on it how we started about the seller strike, pete. >> i think it's all based on fundamentals and fundamentals solid. when you look at what's propelling the market and moving it to the upside even if we're flat, it's the fundamentals story of earnings. >> all right. good stuff. thank you. thanks for watching. "power" starts now. >>> scott, thank you very much. welcome, everybody, to "power lunch." i'm tyler mathisen. here is what is on the daily menu. president trump and turkish pr

am watching to see how well le pen will do in today's elections, i think the convention wisdom is micronelection, but getting to the second round, its share of the vote, those are very significant events for french political history and it will be a sign perhaps of infant politics in european politics whether le pen does, as the polls suggest, are better. >> dickerson: nationalism he was talking about, susan page, back here in america, healthcare, the winners and the losers from that, from the house success? >> so i think paul ryan and donald trump are big winners, big losers, paul ryan and donald trump, the polls are saying this morning they failed to get this through the house it would be devastating politically but when you goat the substance they now own the american healthcare system and you heard the budget director and other administration officials and the president making promises they will not be able to keep, that everyone will be covered, that premiums will go down, the deductibles will go down, that people with preexisting conditions will not lose any of their protections, t

france, micron -- macron faces parliamentary elections. we'll see if he can capitalize on his landslide that he won just a week ago. will he have a parliamentary majority or a workable correlation that will allow him to do other reforms he is prioritized. prime minister may faces a general election on may 8 and brexit is the issue going forward. and in italy, the prime minister will be the host of the g-7 summit and it may be the last .ne that he has when that election happens, it will be as matteo renzi as of the principal candidate and the question is whether or not early elections are on the agenda and if so what that means for the prospect -- i will stop there and look for to discussion. >> plenty of time for questions. name, --uld state your >> george khan, national journal. what are the other leaders looking for from president trump and secondly, we have all seen to go off script and not do what the state department and aids want them to do, what are the risks for that kind of style in these types of meetings and summits? begin with

microns would you mind bring it to this lady here. anybody else. the gentleman next good afternoon thank you very much. >> it is expensive to be poor. and i wonder if the likes of you all perhaps feed to do more to underscore that if you live in downtown baltimore the freshest place to get milk may be a liquor story or a 7-eleven but if you live north of towns end you get to go to cost co. i want to suggest to you all that people seem to think that poor people are poor because they don't manage things right. and in fact it's arguable that it is because they're in their environment, whether rent, food, things are more expensive. and that if you're upper middle class, in upper middle class area you actually spend less on food than they do. so i feel, again, you can tell me i'm wrong, tell all the people i'm wrong. but it is expensive to be poor. and maybe like the bread basket thing happened in the 70s with inflation. an intern goes outs on the 3 bus line in baltimore and buys wg formula, diapers, milk. i don't know what -- and then goes and buys it