scarlett: mobileeye has a partnership.oes intel pick the winner and say we are going to work with bmw? >> i think what intel is trying to do here, they are not trying to pick winners and losers but presenting themselves to buyers in the auto market. you can buy intel chips along this bileeye sensors as independent kind of package and we are not going to try to compete with you the way a future apple car might. intel and mobileeye are presenting this pack acknowledge of components but in a way that is less scary. joe: it's pretty clear that on current valuations, it is an incredibly expensive deal. mobileeye has to be the winner. what are the potential upsides? how much return could they get on this if things do go the way they measure? >> this deal right away is fairly going to intel. and they threw out some numbers like this is potentially a $70 billion market, but a lot of numbers in the self-driving car area are more fiction than fact. who knows what that market is going to look at it. scarlett: news stores are cited th

go with mobileeye or nvidia. likely a combination of a number of tech firms involved. >>> so as the intel-mobileeye idea just the start? let's bring in our analyst. when you take a look at a deal like this what does that do the automakers who are on the quest for an autonomous vehicle. does it make them choose suppliers in any way. does it facilitate the development of this technology? >> i look at this as a trojan horse for non-auto companies to get into the auto space. two years ago we were talking about technology companies trying to build their own car. we're not talking about this any more. what this exelm ply fies there's more value in the automotive manufacturing process first and technology companies need to get into that process if they want to monetize that. the second point is auto suppliers broadly traded much lower multiples than their traditional technical companies. you look for high potential return on investment capital opportunities and leveraging to that data monetization opportunity, auto supp

mobileeye could get out of the deal.t allows it to get a superior offer, it has to be 10% more than intel offered. not a lot of companies can spend that cash. there are some that could possibly make that move, including apple, google, and uber. tesla is discontinuing one of its cheapest cars. model s 60 killo watt. it introduced it to get electric vehicle adoption going but most of the customers wanted a pricey model. the 75 kilowatt. this could give price separation with the upcoming model three which is expecteded to be priced around 35 to $40,000. stock market off to a quiet start this week. market moving a little bit lower in the early going. go to the big board and see how we're doing. the dow dropping four points, nasdaq by three. thank you. >>> time now 6:46. check on the roads with rocky. busy this morning. >> reporter: three traffic alerts before 6 a.m., as you can imagine, it's crazy over here. it is now 6:46. let's take a look at the crash in pano. this was a two car crash, it has been cleared now but the back

as a result mobileeye shares are up 34%. yahoo!nagement team after the sale of internet assets to verizon. board member thomas mcinerney chief executive office. alexi wellman, ceo, currently vice president of finance. after the acquisition will be known as al tabbaa be trade under symbol aaba. >>> las vegas gambler billy walters accused of insider trading allegedly making $40 million in trading in shares of dean foods. this is the case that drew attention because of connection to golfer phil mickelson. not accused of wrongdoing but degree to pay back a million dollars from trading dean foods on a recommendation from walters. >>> top prosecutor preet bharara fired over the weekend after refusing to resign. leslie joins us now. good morning. what can you tell us? >> hey, guys. he took on political corruption and terrorism but one of his most enduring regular sis is what he's done for insider trading. since october 2009 bharara filed 111 charges against insider trading, 89 of those resulted in convictions. a success of about 80%. amon

. >> will mobileeye be a game changer? william stein and robinson humphrey.l, let me begin with you since you're looking at this from the intel perspective here. you know, does it make sense? they've got a lot of challengers. there ace a ton of competitors in all sorts of different markets. does moving into autonomous driving make sense? >> stocks on mobileeye and intel, this deal establishes intel assuming it's closed as the clear leader in the autonomous driving and advanced driver assistance market. it's one of the most attractive markets in the semiconductor industry. it's growing very quickly. i think it could be potentially a very good deal. >> and also, will, is this a good deal for mobileeye. >> the two have been partnering on several projects. the most notable are with delphi on the one hand and with what's called level 4 autonomy. >> phil, in terms of various autonomous drive companies like mobileeye, we're going to see similar takeovers from other big name tech companies like intel or big name automakers? >> there are a few that bring to the table

mobileeye is an israeli company that specializes in various items for self-driving cars, rear view camerasnology. that is what intel is buying. that is what it is paying $15 billion for. >>> this we have for you, president trump did indeed speak with palestinian leader mohamed bas, mahmoud abbas, friday night. all we got that president thinks peace deal is possible. liz: invited palestinian leader is invited to white house in the future. whether he agrees to two state, one state. palestinians didn't like one state. president said to netanyahu hold on to the settlements. stuart: forgive me for being cynical. we showed you earlier sean spicer being harassed in an apple store, tammy bruce has a follow-up on this the woman who harassed him is what? >> yeah, look, free beacon is reporting she has written a piece where she says she is the one who organized that attack on betsy devos that kept her out of the school she was trying to access. so she is promoting herself as being an organizer of these kind of dynamics. that attack was condemned by al franken, arne duncan, barack obama's secretary of