. >> all day, morgan >>> still to come on "squawk alley," ftc commissioner rohit space chopra joins usvestigation into amazon. we'll ask him about that in a few minutes. ♪ ♪♪ ♪♪ ♪♪ this is hal's heart. it's been broken. and put back together. this is also hal's heart. and this is hal's relief, knowing he's covered. this is hal's heart. and it's beating better than ever. this is what medicare from blue cross blue shield does for hal. and with easy access to quality healthcare, imagine what we can do for you. this is the benefit of blue. >>> welcome back to "squawk alley. apple is trading lower goldman, sachs cut the price target this morning. lowest on the street at 165 a share. josh lipton is in san francisco with all of the details. josh >> reporter: so morgan, a big call from a big analyst, goldman's rod hall slashed his eps forecast for the iphone maker. his concern, apple tv plus remember, apple is going to include one year of the streaming service with new hardware purchases bernstein called that bundling strategy extremely clever, saying apple tv plus could reach 200 million appl

. >> tomorrow morning on "squawk alley" don't miss our interview with rohit chopra.reak. it was sophie's big day. by the way, she's the next mozart. as usual we were behind schedule. but sophie's enthusiasm cannot be dampened. not even by a run-away donut. we powered through it in our toyota prius. because a star's got to shine, no matter what. it's unbelievable what you can do in the prius. toyota let's go places. when i lost my sight, my biggest fear was losing my independence. mmm... good. so i've spent my life developing technology to help the visually impaired. we are so good. we built a guide that uses ibm watson... to help the blind. it is already working in cities like tokyo. ♪ doing >>> welcome back the fbi reportedly opening an investigation into myth real a capital. cofounded by peter thiel, alleging financial misconduct. >> in a statement to cnbc. the company sayings in a foiled plot by a self-serving exemployee there is no allegations from any government agency or limited partners nevertheless our attorneys are in contact with government authorities to p

the meantime, don't miss a big interview a little later this morning with the ftc commission eer rohit chopragrowing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. >>> our guest host today, jason trenor, forward and backwards, the same, chairman and ceo at strategis. what do we take away from your pearls >> i think -- as i said before, i don't think you want to fight the fed. i think to the extent to which money growth is growing faster than the economy, it is very hard to be short risk asserts. trade deal would only -- would only intensify that move higher. >> no trade deal would mean -- >> i think -- >> save it for next time. >> i'll save it for next time but not good. >> we got a whole minute. >> oh, i thought it was -- the clock is not in the right -- i'm looking at those no trade deal means what >> no trade deal, my opinion, go back to 2750, 2800 on the s&p 500, something along those lines. but i -- at thi