head we see people chanting micron we're coming for you so i hope to go get him there's no point in chanting it and not doing it. we won't give up we want to give up on anything it's a kind of courage there is pretty good of course but we are not given up we need to keep it up with undoubtedly getting worse and worse. i was. there and this government is there i think mr mcroy was clear and they are still the great debate and i want to worst my decisions what was the great debate for it was just smoke and mirrors it was a company in for the european elections in disguise that's why we are in the streets today. a rally turned violent in the southern city of toulouse where officers after protesters apparently tried to build barricades number of demonstrators was said to have been injured more than twenty were detained this marks the twenty second consecutive weekend of anti-government rallies in the country the universe the movement started in november. protests against fuel price hikes and calls for president micron to resign associate professor of french and francophone studies at th

micron does have to deal with a resurgent samsung. then there's clorox. today jpmorgan took a big swing at clorox, downgrading it from a hold to sell, sell, sell before we dig into this one, let me say that clorox is an extraordinarily well run company with ben at the helm however, jpmorgan believes the consensus earnings estimates are too high so they're cutting numbers because clorox will get less benefit from its price increases going forward. analysts cut their earnings to 626. that's not necessarily a big deal except the consensus is it's 632 and these are safety stocks so are they right clorox has already pulled back from 157, 153, stock goes any lower it can report an earnings disappointment like jpmorgan's looking for and the stock might just barely blink. finally let's talk about one that didn't have any impact at all. ubs took starbucks from a buy to a hold this is a victory downgrade. the analysts rode the stock up huge and now they argue the good news is baked in. this is a pigs get slaughtered piece of research. in other words, you don't want

>> where people sometimes get micron wrong is they look at it. oh, six times earnings is that cheap? it's a commodity stock where they don't control their own future so you had a competitor samsung come in that's going for market share. part of what the analysts talked about. and also still major inventories. so there's a love affair where everybody wants to buy this thing. i think it's a good call i'm surprised the price target is not lower >> you've owned it >> i've owned it but sold it a lot higher i traded around it before. i'm just not tempted to go in there. >> you are absolutely right. the quintessential cyclical stock. it's commodities i don't care if it's chips it's a referendum on a pickup in growth globally in the second half of this year. everybody knows the sia, the semiconductor industry association's naum bers are terrible this first quarter. it's like demand has fallen off a cliff. semis are up and have been up the first quarter because of the perception growth is coming back in the second half it's most likely to do so, and micro

they've been out for the twenty fourth weekend protesting social inequality despite some manual micron's promise to cut taxes raise pensions arliss for the civil service the march in paris has been mostly peaceful but there are minor clashes with place in the eastern city of stroudsburg as they present a televised attraction which is that french democracy needs more decentralized government and organizing public the front and it's part of his ambitious a three month public feedback exercise known as the great national debate. the blaze this month the north shore dom cathedral in paris may have been caused by an electrical short circuit or a discarded cigarettes as two theories are being considered by authorities after they were finally able to access the burnt top building a display of aging over the restoration of the attention fifteen faultline mark. you know all about you we will rebuild the cathedral all but you're on the bottom we will rebuild notre dumb because it's good if i said that because this is what the french expects and at least well because this is what our history deserv

big calls and big beck wall street weighs in on facebook and micron. >>> the lyft debate is on. is there more than meets the eye? one of our own traders has been very active in and out >>> and another analyst gets bullish on disney. "the halftime report with scott wapner" starts right now. >> good to have you with us on this thursday. the biggest stories of the day thus far steve weiss, john and pete are here and jenny harrington, the portfolio managing stocks have been boosted to new highs after a lead in boeing, caterpillar, as the president meets with china's vice premier today midst with headlines whether close to making a deal the question is, what would a deal real palestine to yoly mea? >> it's not. it's not priced in. >> you believe something is close? >> i think we're getting close to an announcement and then we need to hear what the details are, which i said all along. i believe that will be enough once we get what the details are and where it's going to impact we suspect strongly, of course, it will impact agriculture products whether it is the machinery that goes int

present micron the fences and they tell lies addressed but his attempts to diffuse the best protest does not go down well with the target audience. what. i heard a speech which didn't talk about the yellow vest amounts and stupid measures he couldn't ruthless talk to people he takes this easy. also this hour u.s. africa command is forced to defend itself after a report reveals washington has been running dozens of unexplained military missions on the continent. and a project of truly epic ambition britain and germany held china's belt and rode trading network initiative of the country to take part in a major economic forum on beijing's plans. a very warm welcome to the program from all of us here at our teacher in moscow for joining us this hour. the french president has gone on the defensive claiming he has done nothing wrong in dealing with the country's issues and they televise address on thursday night emmanuel micron made an impassioned plea protesters who've been demonstrating across the country for almost six months. please many of e.q. i asked myself the question did we take a wr

including the still kicking yellow vest movement some are expecting major policy proposals from mr micron after the presidential coming after what he called a great national debate on economics that exercise was a response to the yellow vests protest movement which is now smaller but still visible and vocal but while the french president did propose to index pension packages under two thousand euros to protect pensioners from inflation and promise to take out income taxes by five billion euros he seemed to risk disappointing the country with few policy details and a defensive stubborn tone in a national address mr micron posed a rhetorical question how we've gone in the wrong direction and then he confidently judged his own performance informing the french i don't think so a founder of the yellow bus movement responded to president micron's address. i am disappointed very day but he was my point. emanuel most. important. he didn't announce. expected by the yellow vests. france has been going as usual have five months if you don't mind it. moving from paris to beijing the chinese president

micron also revealed the big tax cuts and the pensions boost he added that french democracy needs more decentralized government and rules for organizing public referendums charlotte has the details president michael may have spoken for almost an hour with the wind two ranging discussion of the things he'd like to do you over the next three years but what he was locked on quite a lot was the details so yes he talked about lower taxes but he didn't specifically say what that meant in terms of a figure it's my duty to defend a pragmatic reform will review eight hundred twenty twenty and if it's not effective or too large we will correct it one of the more controversial issues that michael also touched on was the reforms that he introduced last year in two thousand and eighteen and this was the reform to the wealth tax which for many yellow vests has been a very big bone of contention and so what has this movement and what have i taken away from this grand debate first of all we all heard this feeling of injustice fiscal injustice territory injustice social injustice the feeling is here it

policy proposals from mr micron after the presidential coming after what he called a great national debate on economics that exercise was a response to the yellow vests protest movement which is now smaller but still visible and vocal but while the french president did propose to index pension packages under two thousand euros to protect pensioners from inflation and promise to take out income taxes by five billion euros he seemed to risk disappointing the country with few policy details and a defense of stubborn tone in a national address mr micron posed a rhetorical question how we've gone in the wrong direction and then he confidently judged his own performance informing the french i don't think so a founder of the yellow bus movement responded to president micron's address. i am disappointed very day but he was in my point of view emanuel most. important. he didn't announce. expected by the yellow vests. france has been going as usual have five months if you don't mind it. moving from paris to beijing the chinese president saying no to world leaders attending this.

the words of the french president emmanuel micron on social media that according to the . is heading to the scene of the disaster now. a crisis room was opened at the monument by the city hall the deputy mayor of paris in charge of security has reported. police say the cause of the fire still unknown president trump spit on twitter as well so horrible to watch the massive fire and not attempt a drill in paris says there are no trouble haps flying water tankers could be used to put it out must act quickly little trump on social media the president has canceled a major policy speech because of this fire. the paris match and he does use his firefighters are doing their best couldn't try and contain this terrible for their spring in our correspondent in parish we heard from earlier we did have some pictures at the time i think we got her on the phone now because of some technical . to get we actually can bring you pictures from from paris as well as my car getting me to charlotte you were telling us the latest details in addition i just wondered you must have had a chance to g

i also myself the question that we take a wrong time i think is quite the opposite the president micron defends his policies and they televised address but his attempts to diffuse yellow vest protest don't go down well with the target audience. i heard a speech which didn't talk about the yellow vest amounts to seems to think that stupid measures he couldn't really. talk to people he takes a swing. they're watching aren't international coming to you live from the russian capital where it's just turned seven pm welcome to the program we start with breaking news this hour as russian citizen accused of conspiring against the us and being a russian agent has been sentenced to eighteen months jail by a federal court before her sentencing hearing and i asked the judge for leniency noting she was not in america under any orders and regrets how events have unfolded . my parents discovers my arrest on the morning news they're washed in their rural house in a savior and i love them dearly but at home the morally and financially they're suffering from all of that i destroyed my own life as well i

micron technology was downgraded from under weight tohtqual werom morgan stanley.will not happen any sime soon so the price target is $32, micron finished the day at $42.89 and it was dow 2%. >> still ahead, tesla's ceo heads to court ass invest try to make sense of a disappointing report on car deliveries. ♪ ♪ ♪ >>> the ceo ofoeing apologized for the fate of 737 max crashes and said it was appare that in both flights an anti-stall feature activated in. err in a statement dennis said it was boeing's responsibility to eliminate that risk and he says the company owns it and knows how to ticfix it. >> one of the big stories was tesla's ceo elon musk showed up for a heang regarding his ongoing battle with the sec. woe judge in the hearing gave the sides to settle their differences. meanwhile the automaker's stock was up 8% after reporting sharply lower deliveries f the first quarter. our phil lebeau joins us outside the courthouse in new york city. let's start with what happened outside the courthouse. what are the exist between the two sides and what happens if they a

french reports claim that micron is trying to create a moralizing image of a battle between good and evil in society that he is progressive and those who oppose him are dismissed as populous do you get that impression that that's what he's trying to do no no i think that the day one does when my crown was elected. live. my life of course condemned this and the immediate and so on but we should never forget that dead space. must open up walk all the people will achieve and still perceive is the failure of the democratic liberal establishment something broke here so the first step towards getting rid of and he may go around crazy and leave them is not just to focus on them the first that we show least by showing here if we're starving he says he won't move through this even with all our multiculturalism geyer i ask. what did we do wrong to open up the space for. four for four. we should begin with kids i think sends. for us first lovers i thank you so much for your time and your comments thank you very much. we do has agreed on a package of measures to step up its efforts in the black

that's something that i post with micron and micron was pretty much don't worry about it so far you have not had to worry about it there is multiple downgrades if you bought all the downgrades here and here, you did quite well this is a well reason done grade, 2020 is going to cause another downturn because there is a lot of equipment being bought i don't want to leave micron because i think it is too cheap. >> it can withstand of whatever that's coming its way. the fact that i think there is pick up in business. >> david, 5-g. >> 5-g is creating a lot of demands. >> yes, for everything you don't know which phone is going to have micron or samsung i tried so hard. there is an etf, 5-g is what we'll be talking about for some time now >> yes, for r yeayears to come. >> very early. >> for our phones and cable and internet of things, cisco has got the best 5-g >> overtime and years to come, autonomous network including automobile >> i am going out west and the trip is about 5-g. >> when? >> in may. >> we got an opening bell coming your way in about five minutes from now stay with us, "squawk

that's the take from siobhan yeah there's also indications that france's president emanuel micron may be softening his stance when it comes to the links of this breaks delay he's favored a short extension so for how long of an extension will paris tolerate now. that we will figure out tomorrow it is very likely and that's the way the european union operates it's going to be something between the one that i'm going to america finds tolerable and these three two maybe four or five months that crumbs in my craw will really find suitable so let's say late fall or maybe right after christmas something like that is in the realm often possible and likely and micron really emphasizes different things here because he is worried about the european union being posen from within not only by the possible emergence off the back bad boys of breath once they come to brussels but also by the constant internal discussions by being forced to deal with her exit and this whole negativity and the present chaos that it brings europe has things on it's that is really what trying to say all right our correspo

defensive stubborn tone in a national address mr micron posed a rhetorical question how we gone in the wrong direction and then he confidently judged his own performance informing the french i don't think so a founder of the yellow bus movement responded to president micron's address. i'm disappointed very disappointed but you had in my point pretty resolutely menu on the. very important. he didn't. expected by the yellow vest movement that. is still in denial. variants of that has been going.

i also myself the question did we take a wrong time i think it's quite the opposite the president micron defends his policies in a televised address but his attempts to diffuse protests does not go down well with the target audience. what. i heard a speech which didn't talk about the yellow vest amounts. stupid measures he couldn't. talk to the people he takes to school. also this hour u.s. africa command is forced to defend itself after a report reveals washington has been running dozens of unexplained military missions on the continent. and a project of truly epic ambition britain and germany china's belt and road trading network and that's the countries take part in a major economic forum on beijing's plan. you're watching r.t. international coming to you live from the russian capital where it's just turned six pm welcome to the program. the french president has gone on the defensive claiming he's done nothing wrong in dealing with the country's issues and a televised address on thursday night the manual mccrone made an impassioned plea to yellow vests protesters who've been demonstra

forming the french i don't think so a founder of the yellow bus movement responded to president micron's address. i'm disappointed very day but he was my point. emanuel most. important. he didn't announce. expected by the yellow vests. the brand has been going as usual have five months if you don't mind it. moving from paris to beijing the chinese president saying no to world leaders attending the second conference on the belle and road initiative that he hears their concerns and criticism president xi jinping officially opened the conference and beijing with pledges of transparency and zero tolerance for corruption mr xi also signaled a broadening of the b.r.r. to encompass peer to peer partnerships among sectors including science and agriculture mr xi also promised what he called a framework for debt sustainability somebody partners notably the malaysian prime minister must hear the whole that mohamed has grumbled about being saddled with debt from many infrastructure projects many b.r. i was also notice that the chinese president encourage private sector capital to invest and be our p

political commentators on bricmont bilious micron's moves will have a pretty limited impact. people are unhappy with this policy but what these two is that there is no united demand about what to do with this but this is that school dean said the opinion there's nothing as you can do because you have been one to force these sort of nearly bullets loans and my call of course i gaze with that but even if you didn't you can do anything about so least a dilemma and i see some measure of more social spending and more i mean less taxes but you said he was this course he said this is going to get dirty i don't know i was going to balance the budget was a want to balance a budget so he seems to me that this is going to be a discourse of good discourse he's trying to satisfy people and it seems i'm going to be satisfied with the content the speed. the u.s. africa command has had to defend itself after being accused of military imperialism it comes after a report show since two thousand and ten the u.s. has been running thirty six operations all across the african continent far more th

i'm sorry kelly welcome to the program france's president a man you all micron is meeting with ministers to discuss how to deal with the aftermath of the fire at paris's notre dame cathedral mccall has said that he wants to rebuild the cathedral within five years and today's cabinet meeting will focus on how to raise the funds for such an ambitious plan. we'll hear more from paris in just a moment but first this report on how the blaze at notre dom has affected the people of paris. a moment of unity for the present is coming to terms with the fire at notre dame. they joined together to sing and pray during a candle a vigil close to the cathedral. for many it provided an opportunity to reflect and hope that notre dame will one day be restored. to. the spontaneous gatherings tonight has led to small moments of prayer but also a lot of hope we can at last say that this fire which seemed so insurmountable and caused great damage to the cathedral still left the most important parts preserved and it remains a place of prayer. thoughts are now turning in earnest towards reconstructing notre dam

promise to cut taxes raise pensions and reform of the civil service on thursday president micron gave a televised address in which he said france needs more decentralized government as well as an easing of the rules on organizing public referendums and followed his ambitious three month public feedback exercise known as the great national debate saturday's yellow vest march in paris remained largely peaceful but in other french cities the demonstrations turned five. a number of yellow vest protesters in paris told us they are unhappy with how their movement is being portrayed in the media circles because once again like many others i'm here today because we think there's a small problem with the media violence is always presented in a same way and it's always presented as coming from the l.a. versus people who have infiltrated the group they don't talk about the police fire that. was a lot more could get if it was really patrolling the media is full of they want to make us look homophobic anti semitic just to discredit all movements with citizens you can't smear the citizens but the g

who wa nt helpful to people like micron who want to continue the federalisation of the year. —— two of the eu. some might say that may not be helpful to europeans, but also to the conservative party? absolutely. it isa the conservative party? absolutely. it is a question not in the short term, but it is a question of what europe would think. macron is worried about is staying in. the most fundamental democratic sense of britain's history and its institutions. that is an ache or irreconcilable difference. they have created an logically impossible situation where it seems to be an unresolvable dilemma of coming out, but actually staying in is also irreconcilable from the eu's point of view. jef, i know you watch westminster closely, but if that compromise with labour for gaza worked and got her devotes of any line for her withdrawal agreement, they're not pointless from her point of view, that the 30th ofjune deadline? not going to happen. i ee, deadline? not going to happen. i agree, not going to happen. signs are worse than zero. you never know, but i think we do now. i think we can

nvidia, micron and amd to name a few. matt, hitting new all time highs generally bullish, but i guess there can be too much to have a good thing how does the semi sector look in terms of the field position? >> it's getting extended the tech rally in general has been broader than it was the last time we came out of a correction when the fang stocks were the only one taking us higher we have negative news and the texas system is talking about soft demand. jpmorgan and morgan stanley talking about pricing that are cautious but the big thing is that look at the run we've had it's 40 % since the beginning of the year it's almost 50% since the lows look at the semi conductor index. it's getting to levels where it's usually followed by a pullback it's had this great run. pullbacks especially strong ones like this are normal and healthy. and therefore, i'd want to be a buyer on weakness rather than chasing way up the these levels. >> maybe the group is running hot. we did mention names that have not kept up. how would you play th

they're all semiconductors, qualcomm, micron, qorvo, broadcom, texas, 50% of it comes from china trade talks have risen and so have semiconductor prices and in fact, semiconductors are the leadership group among tech and cyclicals this year. amd is up 60%. lam research and applied materials and broadcom they're all up 20 to 40% not surprisingly, there has been a very close relationship between semiconductors and the china stock market itself. look at this chart the semiconductor etf is up 20%. shanghai is up 28% and the two have been moving in lockstep virtually for the entire year. the markets are pricing in a lot of optimism here and broadcom, for example, is a big apple supplier and we know all about the softness in china where apple gets 20% of its revenues and the whole play is based on stabilizing demand and not just in china, but also in europe back to you, melissa >> thank you bob pisani at the new york stock exchange i go to pete on this you've been pounding the drum on this yeah i have a fair amount of exposure and it's the fact that i've been encouraged more and more and i d

ok information just in a minute micron french president has arrived at the cathedral which still burn the french media quoting the fire brigade as saying that fire is potentially linked to the renovation work told you was under. these are recorded pictures i can tell you now this is the spire of not a dam ablaze you can tell at this point it's been severely damaged and we do actually see the spire finally succumb aspire that stood over two thousand feet high humbled by the for power of natural forces a church spokesman said that the entire frame of the cathedral was burning this was just after the spire collapse these are live pictures you can see where the scaffolding work we mentioned the cathedral was undergoing a very extensive over the six million dollar renovation process. and the scaffolding still replace. we are also getting reports that the roof of the building has completely collapsed and the fire spread to other parts of the cathedral i think it's fair to say at this point that the vast majority of the building is. a blaze another rescue operation underway as well as trying

this competition brick model is that micron's moves will have a pretty limited impact. people are unhappy with this policy but what is tool is that there is no united demand about what to do with this but this is not school i didn't say the european union there's nothing here he can do because you have been one to force the sort of nearly belief loans and of course that he's with that but even if he didn't can do anything about it so is the dilemma nics measure is more social spending and more i mean less taxes but you said he does this cause is it is going to get to him i don't know how he's going to balance the budget was a one to balance a budget so he seems to me that is grossly you know a discourse of the tiger discourse he's trying to satisfy people that he's angling to use at least i do believe that the discontent he steve. the u.k. and germany have praised china's plan for a massive global trading network known as the belt and road initiative forum for which is currently underway in beijing leaders from your asian countries and further afield have gathered to sh

political commentators on brick mom believes that micron's means will have a fairly limited impact. people are unhappy with this policy but what is true is that there is no united demand about what to do with this but this is that school again said the opinion of a thousand years you can do because you have been one to force these sort of nearly well if loans and of course that he's with that but even if he didn't can do anything about it so is the dilemma a c.s. measure is more social spending and more or. less taxes but you said he does these courses it is going to get dirty i don't know i was going to balance the budget was a lot of well as a bird it's all you seem to need it is yours the discourse of a tiger discourse is trying to satisfy people that isn't going to be satisfied with the discontent he did. you can germany have praised china's plan for a massive global trading network known as the belt and road initiative four of which is currently underway in beijing that leaders from your asian countries and further afield have gathered to share their views on how to develop eco

yell at me and make fun of me and i think this is a chip problem because i say that to go back with micron said a month or so ago, and then you look at teshxas instruments whi i thought was miserable and the stock price action was pretty good in the wake of it, and i still thought that was a disaster and now you look at intel and josh mentioned it. data is 30% or so of revenues in this quarter units were down 17% quarter over quarter and 8% and the average selling price down 4% quarter over quarter basically flat year over year. that's a slowing business and valuation is compelling, it is, but they guided lower in the wake of techs and micron and can throw ziel ink xilinx and semis topped out >> to me this is about the cycle and this is what we heard about tex t texas instruments and it's a downtrend in the semi cycle. so we know that global trade has been a headwind for this industry we know that there's been big secular trends like data center that have offset the headwinds and it was in the first half of 2018 and we saw some of that come out in 2019 and the fact that intel comes into th

brothers and language in the baluchi language according to their board several buses were stopped on the micron course started highway and had more dreijer in the rear passenger door to get out then the identity papers were checked and sixteen people were taken away to a secondary location where their hands were tied behind their back and they were shot at close range two of them of course but able to escape that magic and reported the incident as security operation is underway to try and see whether they would be able to apprehend the attack and of course the navy also saying that some of their personnel were on board those buses and they were going on holidays back to a day home do we know if it's specific people were chosen was it random. it depicted there these people were children carefully that identity papers would shake that boarding to their boards some of them include members from the pakistani codes god and some naval personnel and the navy is now admitting show ended today appear that these people who were singled out and then assassinated killed at close range this is after all a p

syrian his up and marjoram these hopes all hail from the middle east and that's where many of the micron's come from who applied for asylum in sweden in two thousand and fifteen. a record breaking one hundred sixty three thousand people no other e.u. countries taken in so many refugees proportionate to its population. next roll this over though just like liberal sweden is being rolled over by right wing populist for a long time other countries looked up to sweden's migration policy but she had two things haven't always gone smoothly with migrants riots in swedish suburbs this has been grist to right wing mills they love to divide and rule. after ten minutes that's two hundred degree celsius the bread is done thanks to the chaos of bragg's it euro skepticism is now decidedly off the swedish menu. for a country that's always kept russel's at arm's length that's quite a breakthrough. from strive. the recipes and instructions for all these european types of bread are on our website of course a d.-w. dot com slash culture and our facebook page d w culture now beyond say has landed a one two pun

this is what micron predicts exactly what micron predicted.s why apple is going up when apple cancels the order, it is a shot heard around the world. when apple boosts an order, nobody cares tim cook is right, he does not get his dues are you ready? lamb research and nvidia and micron and intel which by the way is hard for me to cut. >> digital times >> she's killing it. buy it >> we'll watch the semis today there is a look at the taiwan semis. we'll get the opening bell and the mets after a short break your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. you need decision tech. you get the freedom of what a 7-day return policy. this isn't some dealership test drive around the block. it's better. this is seven days to put your carvana car to the test and see if it fits your life. load it up with a week's worth of groceries. take the kiddos out for ice cream. check that it has enough wiggle room in your ga

micron is saying maybe no delay at all. >> he has to balance three issues.he one he is most concerned in,t is if britain stays they will participate in the elections which means they will place some people in the european parliament. he is worried that those people will put a collage on any of the good things that might happen within the eu. that is one piece. the second thing he is balancing against is ripping off the band-aid. at the heart exit. that is the second thing. the third dimension is, how bad would another year of uncertainty be? those are the things he is weighing. he believes that the concern about electing and putting into place these eurosceptics would undermine the capacity of europe to work together for a more union oriented legislation. >> you just mentioned the european economy cannot take any more shocks. today butl bank met they didn't say or do much. it seems like they are afraid to say they are afraid. >> i think there are some issues that are on the table for potential improvements in the european economy. as we know, germany is part

barbara vessel was following the story in paris hi barbara what do people there make of president micron's goal to rebuild this cathedral within five years. that is very vicious of course vicious politically and technically bought for president mark wrong this is important to get the upper hand there's also a political message in this because he needs to sort of keep people to look to the future is say we can do this he needs to invigorate people otherwise this is going to become another ominous sort of event in his presidency that really might weigh down his term in office we think back to the yellow vest so he'll have to deal with them after easter there's going to be another message but for now it's all focus on rebuilding not for money has been pouring in already more than eight hundred million have pledged in the secret family corporations the secret wealth of the country is showing its face they are putting pledges on the table to the tune of one hundred million each at least so that is not going to be a problem but it is a huge task and they need to find the experts to do it barbara

micron is where we were starting to see weakness in chipmakers.s downgraded by morgan stanley and set the market had gotten too optimistic. samsung yesterday had the biggest profit miss by -- in more than four years on weakness. we are starting to see some weakness here. guy: earnings season starts next week. what are we expecting? vonnie: this is interesting -- taylor: this is interesting. we have another chart showing the sox index. it is the first time earnings revision are starting to look lower and the sox index is getting ahead of itself. earnings are near bottom for this year. drop, a samsung profit little bit. we wonder if we start to hear from earnings, particularly with these companies and intel, how that keeps up with a run-up in the share price. vonnie: taylor riggs with our stock of the hour. thank you very much. intel. coming up, our global battle of the charts. we are past march madness at --s point but do check out that is next. this is bloomberg. ♪ the biggest week in television is almost here. xfinity watchathon week. starting ap

that today it's just been mainly hard rhetoric and i think it's a recognition here in turkey that micronis using this to consolidate his base inside france while turkey here the president to with looking to bolster his support among turkish nationalists in the country at the moment is more about political handbags rather than any serious doubt that has happened in the past and another reason why turkey doesn't want to pick a trade fight with france is because the turkish economy is in such dire straits at the moment more political tension could threaten further economic turmoil in turkey or any signs that turkey will ever recognize the armenian genocide. i think that that is a long way off turkey insists that this has nothing to do with reality in history and in fact the fact now the president won is relying on a coalition partner of the national action party an extreme right wing party that has been the the most for surface surface to first opposite opponent to any talk of recognizing the armenian genocide means that there's any hope of any dialogue on this issue i think has now been cl

also looking at micron and amd falling. micron got downgraded at cowen. interesting for amd. it got a price target upgrade at bank of america but it is being pulled down by the chip stocks. let's turn back to immigration as well as homeland security. we are joined by a special guest. a member of the homeland security committee and representative democrat from california. thank you for joining us. what you make of the fallout from the president's decision to fire secretary nielsen? >> it was long overdue. it was time for her to go. i've been calling for her to resign since last june when she was misleading the public about the separation of families. the reality is there is chaos in the department of homeland security, there is no one in charge, the number one person is now gone. charge.t know who is in you can see that happening at the border. i was just in el paso to see the accounts of the way our migrants are being treated and it is completely inhumane. kevin: in terms of the reporting from our colleagues as well as other outlets with the assent of stephen miller having a

or how with the reactions to president micron's idea for us to choosing all to fox or lou to dot with us to read to him via the reactions we heard were very. we traveled through fool african francophone countries to talk to acknowledge. in the republic of beneath the memory of the destruction of that kingdom by the french you know the memory of french colonial history is still very strong. as they ought to do with everybody remembers that there was a king that he was sent into exile and that the palace was burned down. perhaps not everyone knows that two thousand objects then found their way to paris but once you know that objects came to paris then as a result of this plunder well even a school child can put two and two together those who can't take no person. and along with that african curators have thought about how to fill the empty spaces left in european museums after the restitution for me this means important consideration of the relationship the exchange between africa and europe we have a book off in your book of return which has now been published in german you describe ho

really want basically another country and in any case and now the president and nothing president micron could offer them would be good enough no no ring off taxes are increasing the pensions for the for the poorest people in france nothing can satisfy them because they want just simply a change of the system they have a sort of revolutionary impulses about them bought the numbers are really going down and if this was supposed to be the day where they would show president mike home that they are still there that they don't want him that they strongly protest against him they haven't managed to do it so far demonstrations have been small here and there dispersed through paris and here in the shadows it is easy police has finally managed to do what the president mccrum has promised re stall public alter because they have blocked all the access roads you see nothing but tourists here everybody who wants to enter the street is being controlled so it is business as usual after weeks of protests on the sean sleazy. how about these recent concessions announced by president is a really nothing h

hello i'm maryam namazie in london just a quick look at the top stories the french president emmanuel micronhas pledged to rebuild the cathedral in five years after it was severely damaged in a fire on monday evening more than eight hundred forty seven million dollars has been pledged to help rebuild the cathedral almost nothing remains of its roof after flames lick through its mediæval timbers and sent a wooden spire crashing into the quiet area micron's said the rebuilt cathedral would be even more beautiful. pieces of it for us we are a people of builders and we have so much to rebuild we will reconstruct this cathedral of not within five years or even more beautiful we can do it we will do it the chairman of algeria's constitutional council has quit his post allies would have been in charge of a process to draw up a new constitution following the resignation earlier this month of president abdul aziz beautifully antigovernment protesters continue to take to the streets demanding a complete overhaul of algeria's political system which they say is dominated by the military elite. in libya

so what happened the stock refuses to go down see, it goes for micron. they make flash chips. it held up by downgrade after downgrade after downgrade. today we finally got the call i've been waiting for, an upgrade from deutsche bank the elusive second half recovery is almost here once again, the stock is proving doubters wrong there say reason for that. when you see micron and western digital rally, wake up, people it means investors believe that pricing will turn in a commodity. in other words, the analysts are behind the curve the current weakness is baked in and the stocks are now forecasting a comeback here's a wild one. dow dupont the them call company, before the spinoff, the company gave you the most down beat forecast of any industrial. the stock initially got it, it got hit. it turned around and it's been climbing ever since. since the spinoff, the new dow has been fantastic you had to buy at the ugliest moment because it's resilient. if you googled resilient, you'd see a picture of mark zuckerberg facebook today we learned that mark zuckerberg did something bad agai

. >>> once again the list of downgrades today micron, boeing, southwest, starbucks, harley, roku andding close to the lows of the session here steve at jpmorgan goes to an underweight from $6 to $5. >> yeah, again, talking about free cash flow that investors are underestimating the severity of the challenges and underlying risks at ge. this stock has gotten ahead of itself the worst performer in the s&p >> i will note apple is on the cusp of cracking 200 bucks a share for the first time since november it is up 26% year to date back on top, remaining there. market capwise ahead of microsoft by -- >> hasn't seen 200 since november less than 80 cents away. let's goet to the judge and the half >> i'm scott wapner. stocks march toward new highs. does a deluge of downgrades mean it's time to take a rework of your own portfolio it's 12 noon this is the "halftime report." >> boeing, ge, micron, roku, starbucks, southwest, clorox, harley-davidson, all get downgrades what does it say about the stock market this is the s&p comes within 50 points of an all-time high plus, widely followed and ver

agree with that actually but i don't think it's broad-based wild speculation we're still looking at micron in the low 40s. not mid-50s. so i think that right now they are trying to get ahead of an improving economy which will lend itself to chips look at the ten-year trading at almost a 2.6 yield. that's a huge move that's confidence in the economy. if you have confidence in the economy, you have confidence in chips. and in a china deal. so i don't think that's an -- >> you bring up a good point when you talk about the ten-year there are certain sectors that haven't performed. health care. financials are finally showing signs of strength. you have toing interested in the financials he's been right for most of the last 12 months one of his concepts was this rolling bear market. i'd be curious if he pivots to a rolling bull market. >> he doesn't sound like he's ready to do that >> honestly, he sounds like a permabear, which is a dangerous position to be in when you're 2% from the high. i hope he's going to talk about the -- >> he was right about the pullback >> he's been right for 12 months

and i don't knowhow many people came out and told us and some people even downgraded the likes of micron and so forth >> citi. >> that one is moving higher, strong right now we'll get to the chips in a second but take a look at facebook facebook's up over $4 again today. they just keep buying upside calls. it's trading 3 to 1, calls to puts in that one, strange ratio, very bullish for facebook and it's just surged then you look at -- it's up 34%. microsoft's up 18%, up another 1% today >> facebook is up 2%, $1.77. >> that's the lyft buyers. >> how many folks on the desk, not you two, but other folks told me, disney's going to eat their lunch, hbo they are not willing to spend the kind of money it's going to take to dethrone the king. >> why can't disney work >> it can work >> got up yesterday. >> i saw that. and it can work but to john's point, that is going to be a major competition. >> one doesn't have to work at the expense of the other >> not necessarily but i think it's going to be tough, because they're going to have to really, obviously, they provided to netflix, and that is endin

question about values because it's very interesting to me you've been very supportive of president micron's call build a new european raney. would say that you have to kind of put your own house in order before embarking on such grandiose plans when it comes to values what do you make of. that wasn't in keeping with. the weather. in the middle class from my point of view big mistake of managing a measured decision about the taxation on them specifically asking about street action because when you have people that are breaking out destroying everything on the other hand also have the use of explosive grenades and. mains and kills people we are not seeing that even in authoritarian societies these. are not seen in the. at least ten fatalities and several thousand injured. and people losing eyes people losing limbs. you know seeing that. but they've got to defend that it's fake news i mean. those protesters have been have a hand that they can defend. such a violent explosion. that they are very proud of the police is managing has not been the case in general. twenty years ago where the south i