mossberg apple could lose to both facebook and netflix.nd also, in a bizarre story, the funding of hulk hogan against gawker by peter thiel. ♪ ohh. ooh. [ gags ] so when you need a house cleaner or an exterminator, we can help you get the job done right, guaranteed. get started today at angie's list, because your home is where our heart is. ♪ >> after a poor start to the year, netflix is seeing a spring rebound. shares buoyed by a spate of new content deals, but is netflix scripting a turnaround or a simple catchup rally. we are joined by mike santoly, and is it the new content or s risk? >> well, it is a catchup with netflix against other media stocks. you ask how they have to catch up, because the stock is up 70%, and up 130% last year, but most of the gains last year were in the first quarter, and only up 10% in the last 12 month, and also, it usually has a huge january pop, and you got the reverse this year, and that all being said, that is the mechanics of it, and i think that it was underowned and overshorted on the hedge fund positi

walt mossberg, the thanks for being with us. >>> and you can see in the bottom of the screen that nbcs is saying that governor john kasich is going to suspend his presidential campaign, and now they are calling him the presumptive nominee to 1,237, and it is going to make it 100 times easier than 48 hours ago. >> it is staggeringer because ted cruz for so long was begging and exhorting john kay is sich -- john kasich to drop out, and if you are reading this years from now, and not reading day to day, you have to wonder if he is working for trump the whole time, and that is not the case, but you have to wonder. >> and now, to digest the dynamics of the race at this stage, john harwood in washington. your thoughts? >> well, carl, our colleague andrea mitchell has just gotten word from the senior adviser to john kasich that the press conference that he was going to have in washington is canceled, and he will give a statement at 5:00 p.m., and suspend the campaign, so no opposition for donald trump, and he will have the 1,237 that he needs for this race of the republican nomination is ove

walt mossberg is joining us from the verge today.walt. >> hey, carl. >> we had folks on yesterday saying the google guys look smart, but when it come ts to t actual human interaction look at the cardboard or the google glass or the google plus, and was this an improvement on those past inventions? >> well, what they would is certainly what they laid out was an improvement. i think it is more than just an improvement, and it was a big pivot for google. it will take ten years or so to play out, but sindar laid down the gauntlet with everybody they compete with, we are smarter, and have the data and dope all of the work on the algorithms, and we believe that artificial intelligence is the way that we are going to win. i think it is a pivot to move away from mobile centricity and away from the smartphone. obviously, it is not abrupt, and they won't stop caring about the smartphones, but think they believe that artificial intelligence is their business. >> and every one of the googlele competitors believe they are doing to the same thing,

later on walt mossberg with a look at where apple is losing out to both google and facebook. up 105. all three major averages are positive for the month. >>> president's journey through asia continues. he has left vietnam overnight, currently holding a bilateral with prime minister abe. when they get to q & a we're going to definitely take a listen into that. >> in the meantime let me tell you there's a bank rally that is equivalent of the tech rally yesterday. just what's going on, wells fargo -- doesn't matter. if we were getting the two, three, people are betting yellen is going for two. this is a bet yellen is going to say, listen, things are stronger, part of that whole bob toll thing i mentioned earlier, lending is picking up in the country. so you are seeing these bank stocks just tearing. they can lead, remember, finance and tech are this stock market. and it's really rather amazing. i think that this is another stealth rally. no one's talking about it. people want to get out of these stocks. you got to stay in because this is day one of the rally. >> we've got -- abo