plan to speed up the assembly line to overreach ong the complex design of the y poi out it still ar pechts to deliver at least 80,000 vehicles this year. a target that will require the company to dramatically increase production from now until december. if tha musk will say it shows his company is ready to push new model three 3 is at a the heart of tesla'. building a half million vehicles annually by 2018. a target tesla is sticking by even as it struggles to meet near term sales estimates. phil lebeau, chicago. a delta airlines cut its y revenue figure today and that's where we be. the company cited higher fuel costs and a decline in passenger revenue as weaked outlook. apple shares fell after citigroup trimmed its estimates. the bank cited urn certain stemming from britain's vote to leave theu. it also cited currency cycles.ty and shares of apple fell to 95.05. blackberry will stop producing its classic smart phone. one of its last models that has a physical keyboard. an xaektive cited the need to keep innovating. voft ware updates for existing users will be rolled out into next years.

i guess i never, i did not pecht negative interest rates to be the dominant thing and i didn't expect there to be what's the number now, 11.2 trillion. >> stock market's cheap. i think the s&p at $120 if that's what it is, should be trading at you know, 18 to 19 times in this environment. there's no precedent for this. where historical lows and yields with an economy that's going to live along, it's 3. 1%. the u.s. economy that's 2% and late in the cycle. no question. but to say that yields should be here, stocks are the only option for a lot of the time. >> doesn't matter. >> 44% is derived from export. this brexit vote for me is very concerning. i i say there's going to be long-term ramifications of this. i don't believe that investors are taking it as serious as they should. i think revenue is a big issue. we've manufactured -- we're not seeing revenue. >> i'm not telling you revenue is impressive. seven or eight quarters into this -- >> nothing changed with revenue. >> and telecom. verizon spiked hire. that's the point. that's what draws money here. so, when tim says negative inte

the auto retailer did report profit that was bert than ek pechted, so shares were up more than 2% to 53.35. cigna posted profits for the quarter bel expectations. the company cited weakness in its group disability and life decision. shares fell though 5% to 128.96. >> weaker sales dragged down profit and r at bloomenbrand. its revenue did come in light. the company issued guidance for the year that was below forecast. shared 17.98. board of directors said it will recommend sh apruf the sweeten takeover over from anhe. the bid was for m shares up 2%. shares of series therapeutics said it's drug intended to treat an intestinal diso. it will work with the food and drug administration to make modifications to the treatment. shares down 59% to 10.94 and several private equity firms may be exploring a buyout of company hewlett-packard enterprise. this according to the website, the information. a potential deal could be worth more than 40 billion. hewlett-packard declined to comment, but shares rose 20%. >>> and now, to our market monitor who likes stocks that he says should benefit from ri

they were expektd pechted in mo two dozen cities. our chopper right now is is over one of those protests. this a live look at the few people that have gathered within the past hour in oakland. right now, they are in front of the oakland police station. it has been so far, a peaceful protest. they marched from the city marching, from the city hall to the federal building. christie smith joins us live from san francisco where protesters are being called together at civic center plaza. so far, this has not been a well attended demonstration. >> well, what i can tell you is that right now, we're seeing a small group of demonstrators, maybe a few dozen people here on the steps of san francisco's city hall. very peaceful. they are chanting black lives matter. stop the killing. no justice, no peace. in light of police shootings of black men. the rallies and marches are planned in cities across the country. today know, here, folks telling us they found out through social media, but were not receiving clear information, but were hoping it wou

the other two are still in the hospital, but we're told they're pechted to make full recoveries. >> oh, that is good news. thank you very much. we'll check in again with you. as for the president, he was yesterday in warsaw for a nato summit addressing thursday night's shootings in dallas. >> i believe that i speak for every single american when i say we are horrified over these events. and that we stand united with the people and the police department in dallas. anyone involved in these senseless murders will be held fully accountable. justice done. >> let's bring in james peterson, the director of africana studies at lehigh university. great to see you. before thursday's shootings in dallas, the president said that all americans should be troubled by what had previously happened in louisiana and minnesota. these two separate intanss of african-american men shot to death by police. why do we continue to see these deadly confrontations between police and african-americans? >> well, we haven't addressed the root causes of white supremacy and racism. we cover these things. we talk about

commerce secretary will be attending we pecht plenty of conversation on trade in the wake of the brexitthank you very much. who would you chase around, dennis? >> in terms of a deal? as we were discussing earlier today, i think twitter 2016, maybe in 2017. gets old. seems like that's the inevident bability for that. >> do you think the deal making is still likely out u there? didn't start or intend to necessarily be that way. >> it's happened and it will continue to happen as he said. it's all merging into one giant scrum. >> we'll see. thanks for joining us. talk more basketball after the break. >> warriors and oklahoma in turmoil. any way, that does it forrous. "fast money" begins right now. >> "fast money" starts now. from new york city's time square, your traders on the desk -- tonight, deutsche bank out with a bold call which would spell doom and gloom for the u.s. economy. plus, gold's record rally and one trader is betting get this, 6 million bucks that the yellow medal is heading higher and troubles are mounting. how worried should tesla's shareholders be about the second half o

has reintegrated some as pechts of islamism into his administration and between that, between securityey've had horrible blom bottomings from the islamic state. there's concerns about the kurds and any case, the crackdown has been going on for quite some time. apparently, rumors of a potential coup has been circulating for some time. but the latest we know in some of the cities, there has been some ability by the military to take roll. >> and clearly, some strategic locations controlled by the mill tarik they've put a a statement out saying they are in control and it remains to be seen what the president can do. if he has anybody on his side. >> tell people to stay tuned. these things take hours. my guess is there will be some resolution by the end of the weekend, but you don't know who has who on which channel on whose side. these things are very messy very quickly. >> looking for this to be like morsi with power in egypt, but we'll continue to follow it here on "closing bell." time for "fast money." >>> "fast money" starts now with breaking news. you are looking at live images out of

we're going to have technology integrating into our live in every as a pecht of our wold, so we haven those experiences for that technology basis. technology related experiences. there's potential there. >> did you point to certain industries or sectors or businesses this wr this transformation is already taking place? not taking about amazon, but where there's been a fundamental shift. >> foxcon, supplier for iphone and apple is is retooling significantly around robotics. when trump says he's going to bring apple back, they'd have to do what foxcon is doing. put ai and robots in to m manufacture those jobs. >> we just showed the best part. chances of being replaced by automation. fashion models. okay. economists, 43% chance. again, that might only be improvement. judges, no. >> what about financial news commentators? >> fashion models -- >> bank teller, financial advisers. primary by because machines are going to be better at giving that advice. in the space you guys are in, then there's going to be ininterpreter ration of the numbers, but in pure number crunching capability, humans