reason why these companies attract such a big price tag is people get excited they stop valuing them as oemslike ford, volkswagen, chrysler, they trade at five to seven times forward and they look at them as luxury goods why do we do this? it's like the ferrari ipo. that came about 20 times forward. it's trading now at 33 times forward that was from fiat chrysler in 2015 so it could be a big price tag >> in my garage is a db11, it's a match box car, but some day, i hope aston martin, what have you heard? it's a sexy company. ferrari was a sexy company that doesn't always mean the stock is going to do well because you and i and a thousand other people would love to have one. >> look at this. this is fascinating. volkswagen trades at 5.7 times forward. it owns beugatti, ma'alamborghi, porsche. if ferrari can trade at 33 times forward, you can see what aston martin wants do, but they also want to get ahead of the pack. as we know internal combustion engines are under pressure from the ev engines the biggest producer is tesla. look at that company's valuation, above that of ferrari. if aston mar

>> all of the oems. >> they're all working with them >> yeah. and they're partnering with uber and lyft >> great story >>> lululemon. josh >> yes, i've been positive on the stock. unfortunately, i've not been in it which is a shame because it's done really well but i've been shopping there and i've got to tell you, i really think this is a company that figured out their challenges and went beyond online turned itself around but figured out whole new avenues for growth and it's just not stopping i understand there are competitive threats. there always will be i understand one day they'll get the fashion wrong, but they haven't yet. so i think longs are being rewarded the techniqcals as well >> sarat, talk to me >> it's all about expectations where the growth is. is it the gaming side? the server side? we like this company, i think if it pulls back, a great opportunity to get into a high-cost company. >> josh, you're a shareholder. >> yeah, listen, you look at the last eight quarters they've reported, the last 12 quarters they've reported it seems

century full of the last ones on it was not spent as stimulus tomsic i don't believe multi-ton from the oem sound from shots later replaced him with the eventual winner antony the nigerian arrived in january on a free transfer and schooled the gold to see old victory. which. might have been lost to stuttgart in three years a solid start thanks to the super eagles in just. haven't fared well against neighbors brightman no win at the visitors study and for fifteen years. the game was cool as for a long time until the visitors spawn their own footballing fairy tale in the seventy fifth minute and to the fight on which sucked on four years ago he was playing in the amateur district leagues now he schooled on his foot in his league debut. and yes he was on side. training could barely believe it muster that late equaliser through tailhook every selassie. but all eyes were on find out who has made it to the big time without ever playing in a professional academy congratulations. dortmund welcome back a familiar face to the bundesliga museum five the returns after three years he's charged with brin

an incasedre risk of infections d anred loweabitily to fithght ay oem mcc.ur tell your doctor if youction or symptoms of an infection. or if you have received a vaccine, or plan to. if you have inflammatory bowel disease tell your doctor if symptoms develop or worsen. s serioualrgiclect reaions y maoccur. mitzi: with less joint pain wa.tch me for less jntoi pain an eared clr insk, k asheyour rumologat about coyxsent . k asheyour rumologat ♪ re tid woflirestngit w h seinemimgly poibssclle eangniks tas? using wipes in the kitchen, an d raspn ys ithbae omthro c annebe iffective. mry cl. maean gi cereras wh itfoduraam. simply add water, and use in your kitchen rforn but fon ood, in ymorand on walls to ree scuf afsarnd mks. it erases 4x more permanent ermark p ser. wipefo r tough kitchen and bath messes, e usclmr. eaman ergic as erth wi durafoam. an brd wepo r. heinlpu g yobubey .tter ou♪ y s ay ap>>[ plause ] that's ditefinely not going . haenpp >> hey, not d.ba prceinry har onta sge t with loonndt casf o "lthamion l"ast ni aghts he srttas toel b otut e turo fm h theit sh.ow th prince an

being in line with washington in one thousand nine hundred eleven debated nature collaboration with oem groups to defy democracy as former f.b.i. consultant paul williams told sean stone son a film director all over about operation gladio on r t is watching the hawks during gladio one the years of lead in italy when there were these horrific bombings even the colonial bombing posited from time they were all. by really. behind you it's a glow to your units spurred on by the cia well a destabilization of italy is open to debate no one need to bait how a particular italian american actors destabilize the arguable propaganda arm of the us military industrial complex hollywood her name is rose mcgowan and she's been in the news for bringing down powerful men like harvey weinstein currently on bail after being indicted by a grand jury for sex crimes that he denies roses appeared in scores of t.v. and feature films a directorial debut dog was nominated for the grand jury prize at sundance so they just work is brave tracing her journey from the children of god cult in southern italy to becoming

the world's largest solver and wealth fund and a five hundred billion dollar economic city called the oem but in a move that was widely criticized last year the saudi crown prince arrested dozens of singer members of the royal family government ministers and businessmen and what he said was an anti-corruption drive most were released after giving up their assets or paying billions of dollars the crown prince has also pledged to return saudi arabia to what he calls a moderate islam women have been allowed to drive and attend sporting events and then almost forty year ban on cinemas and cultural events hasn't it let's bring in our panel here in doha masood so here it director of the gulf studies center of qatar university in washington d.c. mohammed chicago a professor of conflict resolution of george mason university and in singapore and joining us on skype james dorsey he is a senior fellow at the s. rajaratnam school of international studies at nanyang technological in a verse city a welcome to all of you thank you for joining me i'm actually going to start with the first question with a

we have begun working with some of our oem partners to develop that personal use product. after our onesharing product but it is our product roadmap. the fourth business line we are talking about is working closely with current public transportation infrastructure to enable that, in general, our eighth those at waymo is we do not want to be thought of as a disruptive company. i dislike that company. we are an enabler. we want to enable incumbents in the space who are existing noun and providing great value to society. we feel that way about public transportation, about current retail dealers and rental car companies and others. we want to work with everyone. on the public infrastructure side mount we will have some announcements about how we will use our technology to move people from homes or work to public infrastructure hubs so that we as a society can get more from the public transportation infrastructure. >> when will i be able to walk onto a car lot and say, that one? >> we are rolling out our service in phoenix years -- this year. we have talked about that. we will

ex> tennis stars will be dealing with another day oeme heat at the u.s.sely. this is why a french player took a ten-minute break from the heat on tuesday.r when she stepped back on the ew n she stepped back on the shirt was on backwards. she removed it and flipped it around. n.at's when an umpire hit her with a code violat the issue is that male players often remove their penalized. novak djokovic there, goé.ur'g help on the sideline.Ñi the u.s. open has clarified its policy, saying any player can át)áip r(t&háhp &hc% she will not face penalties or fines. >> you see people outside here. it's 'twonder people do get arrested for the amount of clothes they don't have on. you see people on the lincoln are those shorts? >> when i was younger, i used to run with my shirt off. then dad bodt( set in. maybe something long sleeved is in order. >> it's a humid start to the day today. heat, haze, lphumidity. not as abundant as it'seen over the last fewe1 days. it ise1 very steamy out there. 79, a heat index of 82 at and current temperatures well above 70 degrees, clo

done in other renewables china is active with an ambition where they want to have two global leading oems025. they want to sell 50 million electric vehicles by 2030. and they're essentially creating incentives, financial incentives for people to buy more cars and increase market capacity but also restricting significantly the amount of internal combustion engine cars. most of the activity in china is happening in the six large cities where at the moment it's impossible to get a license plate for a traditional car. >> i wanted to ask about the government role in the secondary side of this, which is the financing of this. is there a role the government can play in making it easier for lenders to lend mone kinds of companies doing this? do you think governments should be allowing capital requirements for those seeking to borrow money for electric vehicle development? >> there's a lot of activity in the uk, in europe, particularly in asia where this is a big topic. i think you have a mix of activities in general we believe that there is enough financial capacity in the market to do this. we a

based oem's volkswagen and toyota. turning to china, it has been an active week here as well. know the you all general take here, which is that here in washington, there is very broad concern about a problem here with china. china engages in a collection of industrial policies that are designed to create national champions, often state owned enterprises, and through subsidies and other rules in the chinese market, give advantages to those firms and put at a disadvantage u.s. and other foreign enterprises in their market. a global impacts. there is agreement on the diagnosis of the problem but not the solution of tariffs. i think there is a widespread skepticism in the business community that tariffs can lead to a solution in this situation. it seems to be ballooning. latest, butbor the it is up and up. in september, we could see tariffs on $250 billion of imports from china. that is something that we as a country have not done on this scale in a generation or more. part of the challenge at the moment is that the goal the u.s. is seeking is not altogether clear. has been widely

the q3 guy was below and he says crypto seems to be the key issue and he pointed out weakness in the oemine specifically and find out the guys on applied materials and that's another name that is moving lower here in the after hours. and you can pin that on weak guidance and specifically guidance related to semiconductors and margins nvidia starts in 15 minutes from now. josh, thanks josh lipton with the wall street round-up on nvidia the conference call about to start. i go to you because of the weakness in crypto that was highlighted by the analysts that josh was talking to. >> you look at what nvidia does and that's the play on that and ethereum prices are much lower and there is a glut of chips throughout and a lot of minors are selling off from the equipment. so even if crypto turns around the price of ethereum turns around you may not see the pop necessarily for nvidia in the long run, if you want to play the sector, i still think nvidia is great for it, but in the long run there may be a hiccup. >> we've got the earnings and is this a further update? what's going on since the repo

outskirts and villages nearby the military sent in one thousand extra soldiers on monday to clear the oem. people have no electricity and they're running out of food and water. still to come here on al-jazeera india's prime minister on bale's ambitious plans for the world's biggest public care system. allen has what appears to be a wall of much cooler across europe i would not say again but the difference between the temps is ahead of it and behind it means if you do some very big thunderstorms more recently over italy but over the next twenty four hours or just slowly across the ages it further south into was greece throughout the balkan so the rain line she's not one for the north heading east to put towards moscow actually had it quite warm behind it dropping about ten degrees and scandinavia as heat wave is gone but we offer the temperatures rising again in france in the british isles up to the high twenty's that's done and sorry sustainable we're back down to twenty day often so it's fluctuation but these are the end of i think being the story flash flooding is certainly a potential

-based oems to a volkswagen or a toyota. turning to china, it's been an active week here as well. i imagine you all know that the general take here is that here in washington there's very broad concern about the problem here with china. china engages in a collection of industrial policies that are designed to create national champions -- often state-owned enterprises -- and through subsidies and other rules in the chinese market give advantages to those firms and put at a disadvantage u.s. and other foreign enterprises in their market. and that some of these practices such as steel overcapacity have an impact in global markets as well outside of china. so agreement on the diagnosis of the problem, right? but not on the solution of tariffs. i think there's a very widespread skepticism in the business community that tariffs can lead to a solution in this situation. and it just seems to be ballooning. i won't belabor the latest developments. we've all been reading about them, you know? up, up, up, up, up. we could by september be seeing tariffs on $250 billion of imports from china.

that is where the initial market is, but we actually have partnered up with one of the largest oems incle, that would be affordable, profitable. we would offer different variations. once we have desirable, exciting, affordable vehicles on the market, there will be demand for them and it will also happen because we have many countries outside of the u.s. which are forcing the growth of electric vehicles with various incentives. some countries might even ban gasoline and diesel seas. that will force the electric vehicles coming forward, not only in the u.s., but outside of the u.s. stuart: henrik, i don't particularly like being forced to buy a car which the government thinks is good for me and the planet. can't we get to a point where i can buy whichever car i can afford and government get out of the way, wouldn't you like that? >> absolutely and that's why i'm saying that here in the u.s., we will have desirable products that actually people want to buy, they're not available in large-scale today, there is maybe one or go choices of an electric vehicle, below $40,000. many variations a

carol, oem a and anneke. david: that is a great point.ortant part of the election dispute. democrats pulling a lot of democratic side out of their argument, creating confusion for a lot of democrats who had historical ties with the opposite of what republicans are known for which is protrade. the president siding with unions in many cases, pulling some oxygen away from democrats as we approach the midterms. kristna: that sums up the united states and politics right now. you can't, don't know what to expect when you talk about fiscal conservatives. david: that's right. kristna: deficits climbing higher. tax cuts we have to pay for. doesn't necessarily mean a bad thing but just differ. even with the markets president has changed we have think differently and something to think about during the weekend. we have to let you go. david: it ain't over. there is still a lot could happen before the end of this day. to carry you through the next hour here is elizabeth macdonald and "the evening edit". >> i'm paid in canadian dollars and my job is to

the world's largest solver and wealth fund and a five hundred billion dollar economic city called the oem but in a move that was widely criticized last year the saudi crown prince arrested dozens of saner members of the royal family government ministers and businessmen and what he said was an anti-corruption drive most were released after giving up their assets or paying billions of dollars the crown prince has also pledged to return saudi arabia to what he calls a moderate islam women have been allowed to drive and attend sporting events and then almost forty year ban on cinemas and cultural events hasn't it let's bring in our panel here in doha masood so here it director of the gulf studies center of qatar university in washington d.c. mohamed chicago a professor of conflict resolution of george mason university and in singapore and joining us on skype james dorsey he is a senior fellow at the s. rajaratnam school of international studies at nanyang technological in a verse city a welcome to all of you thank you for joining me i'm actually going to start with the first question with all

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the world's largest solver and wealth fund and a five hundred billion dollar economic city called the oem but in a move that was widely criticized last year the saudi crown prince arrested dozens of saner members of the royal family government ministers and businessmen and what he said was an anti-corruption drive most were released after giving up their assets or paying billions of dollars the crown prince has also pledged to return saudi arabia to what he calls a moderate islam women have been allowed to drive and attend sporting events and then almost forty year ban on cinemas and cultural events hasn't it let's bring in our panel here in doha masood so here it director of the gulf studies center at qatar university in washington d.c. mohammed a professor of conflict resolution of george mason university and in singapore and joining us on skype james dorsey he is a senior fellow at the s. rajaratnam school of international studies at nanyang technological in a verse city a welcome to all of you thank you for joining me i'm actually going to start with the first question with all of you

oem equitieso the with an interesting correlation between those four stocks and the faang, which has 2015. and what a lot of people aren't correlations the remains intact, but the magnitude has fallen after medically. that is what we are looking at, to see if those stocks cap themselves or if we will see more of the same there. lisa: a wonderful run down, thank you so much, damien sasso were a bloomberg intelligence -- ssower of bloomberg intelligence. if you want to look at the chart on the bloomberg, like china and cyclical pain, looking at how you want weakness has become yuan-- you want -- weakness has become more of a wever, that is exactly what were talking about. also if you want to look at the economy and how you want to dig in and take a look at you want uan distant and freight trucking, check it out. from new york, this is number. -- bloomberg. rg. scarlet: this is bloomberg markets. i'm scarlet fu. lisa: and i'm lisa abramowicz. our stock of the hours having its best day since 2011. shares are rising double-digit's today after a solid earnings report. emma chandra's here t

i guess what is happening with turkey and the contagion story, it's not as oem was -- em was a sittingre. is any recovery in emerging markets going to be a while yet? mark:sitting pretty before. that's a good way to put it. one perspective is, emerging markets were already quite vulnerable and you are kicking them when they are down, just as it looks like it was more positive, another crisis came along. that destroyed sentiment for a while. emerging markets were already cheap, show much can a selloff? in a short-term, quite a lot, if people have the wrong positions. in the longer-term, this might not extend to much. it may be an intense time of pain that sees a lot of loss in a short period of time to but it might not be long in terms of duration. rishaad: one of the reasons that lira has sold off so much is because it doesn't have the ability for bilateral intervention, it doesn't have swap lines. that raises red flags. rand, peopleican may get out of that because they are fearful of liquidity and it becomes a self-fulfilling prophecy, does it not? mark: it does become an issue. but i

based oems as it would to a volkswagen or toyota. turning to china, it's been an active week hear as well. i imagine you all know that the general take here, which is that here in washington, there's very broad concern about the problem here with china. china engages in a collection of industrial policies that are designed to create national champions, often state-owned enterprises, and through subsidies and other rule nikolas chinese market- -- rules in the chinese market gived a chang to those firms and put at a disadvantage u.s. and other foreign enterprises in their market and that some of these practices, such as steel over capacity, have an impact in global markets as well as outside of china. the agreement on the diagnosis of the problem but not on the solution of tariffs. i think there's a very widespread skepticism in the business community that tariffs lead to a solution in this sways, just seems to be ballooning. i won't belabor the latest developments. up, up, up. we could by september be seeing tariffs on $250 billion of