i'm sara eisen. >> and i'm wilfred frost. very good good morning to you from me as well.et's get you up to speed with the market. bouncing back pretty confidently around the world. we're up about half a%. the s&p up 8.5, the nasdaq up 23. yesterday we were down abo about .5%. wednesday banks the strong performers when talk aft the fed rate hike first appeared. yesterday strangely utilities were the best performers. so clearly confidence off the rate hike slightly dissipated. today we're called higher by 70 points. a bit of movement once again on the 10 year note. >> treasuries heading for their first weekly loss in a month. the global market, overnight in asia. green on the screen. the yen weakening which helps japan. out makers in particular. shanghai ending up as well. still extending another weekly loss, that's five in a row europe opened up strong. the euro stocks opened with a 1% gain and we're seeing that continue in the early session. the german dax more than 1% gains. energies strong again. clearly there is stabilization and maybe we're going to be okay if the fed

i'm sara eisen. >> and wilfred frost. good morning from me as well.traight to the market action for you. we saw about .6, .7% of declines for the main u.s. indices yesterday. we're expected to bounce back about half a percent. the dow's called higher 98 points the s&p by 13 points the nasdaq by 34 points. yesterday and the day before were certainly risk off days we saw yield compression from two years straight through to 30 on the u.s. bond market and saw the yield fall on the u.s. ten year. there it is. 1.80. just coming off the lows we fell below yesterday. >> crude oil climbing this morning. the fire forcing the evacuation of the fort mcmurray in canada. and now three more communities. about 70,000 people are estimated to be fleeing south o away from the fires. production from the facilities has been disrupted this morning also adding to pressure on oil prices. escalation in libya fighting threatening there output as well. >> a bit of that bounceback effect going on too. >>> in asia new economic data of china showing growth in the services sector m

i'm sara eisen. >> and i'm wilfred frost.ery good morning from me as well let's bring you up to speed on market action. it was basically flat today. not too much happening in terms of fundamental data either. markets really just looking at what the fed expectations are. at the moment, we're called slightly higher today. the dow by 35 points in the premarket. s&p by 4, nasdaq by 7.75. not just flat yesterday and broadly flat yesterday. mike santoli making the point that we've been in about a 4% raise in two months now. all of that volatility fluctuations that we're fearing hasn't really been seen. basically been flat for the last couple of months. let's look at the ten-year note. more movement in the bond and fed dollar. 1.835%. >> we saw what happened in asia, we saw almost a 1% decline on the stock market. the nikkei. on the back of a stronger yen. and word from g7 officials over the weekend that japan is not on board if it has to with the yen spooking. gaves in hong kong barely. declines in shanghai. commodities weak overni

i'm sara eisen. >> and i'm wilfred frost. good morning from me as well.n the markets. a decent day yesterday. in fact, the best in all three indices in three weeks. the dow down 99 points. s&p and nasdaq expected to open by 0.5% lower. the ten-year note at the moment at 1.82% earlier. and it's at 1.82 still now. >>> in asia overnight, australia's central bank cutting interest rates to an all-time low of 1.5%. this is the rbi's first easing in a year. surprisingly low inflation, subdued wage growth and subdued outlook. as you can see the aussie dollar's sharp reaction falling more than a percent to the u.s. dollar. about 50% of economists polled expected this move today. australian stock liking the easing and cutting of interesting rates, rallying more than 2%. nice gains for the aussie stock market. >> and as for the rest of asia, japan's market closed for the constitution day holiday but the yen continued to gain ground. an 18-month high against the u.s. dollar. another half a percent. 105.8. extraordinary momentum behind that weakness. china's yuan form

i'm sara eisen. >> and i'm wilfred frost. good morning from me as well.irst, today's political story, ted cruz dropping out of the race after losing yesterday's indiana primary. >> with a heavy heart, but with boundless optimism for the long-term future of our nation, we are suspending our campaign. but hear me now, i am not suspending our fight for liberty. >> the move effectively makes donald trump the gop's candidate for president. in a tweet rnc chairman reince priebus calls trump the presumptive republican nominee and calls on the party to unite and focus on defeating hillary clinton. as for the democrats, bernie sanders got a surprise victory in indiana. much more on the political story. >>> the wall street set up after an ugly day, another selloff on wall street yesterday. at this hour, early futures indicating a lower start. dow futures down 45 points. s&p futures down 7.5. nasdaq futures down 15. nasdaq in particular has been an underperformer. it's finished lower eight of the last nine sessions. as for early trade in europe, let's see where we a

i'm sara eisen. >> and i'm wilfred frost.ood morning from me as well. let's get you up to speed on the wall street action. a nice day for wall street. 1% gains in all three indices. apple another one of the factors, it's carrying through asian trade and helping futures. 16 points on the dow and 1.5 points on the nasdaq. the s&p up by eight points. let's have a look at the chart of the day. oil on supply discussions. eia saying share output is expected to drop in june for an eighth consecutive month. and also fires burning around the canadian oil supplies of fort mcmurray up again. up ten basis points but the big move came yesterday with up 3.3%. settling at its highest since the 3rd of november. and today a high of 47.85. oil prices remarkably strong. >> inching towards that $50 a barrel. it's helping markets everywhere. take a look at asia over night. we did see a gain after the nikkei went to a one-week low. also saw gains in hong kong with shanghai comp did close lower by 0.25%. gary fink of black hawk make something warni

i'm sara eisen. >> i'm wilfred frost. we'll bring you up to speed on what the markets are doing right now. last week we ended half a percent to 1% down for the three major averages. those declines really coming on friday for the rest of the week looking pretty much flat. today we're looking at a slightly positive open but not too significant. the dow falls higher by 24 points. the s&p by 3.4. and the nasdaq by 7 points. the ten-year note as we know in and around 7.5% the last couple of weeks. and it's towards the 1.7 level right now. 1.714. >>> as for the global market picture, traders shrugging off economic data out of china. we got chinese investment, factory output and retail sales. all of them grew slightly more than expected, slightly less than expected in april. but we managed to see gains. the shanghai composite up a tenth of a percent. in hong kong, similar gains. and in japan the nikkei was up sharply earlier in the session. the weaker japanese yen, some talk of fiscal stimulus there but it sort of sold off into

i'm sara eisen. >> i'm wilfred frost. a good morning to you.ere are the big stories we are watching at this hour. germany's buyer offering to buy u.s. seeds company monsanto for $122 per share in cash or $62 including debt. before the bid rumors began to emerge. president obama, the second big story is him on his visit to vietnam today. so far the u.s. will fully lift the ban on selling arms to vietnam. and here we continue to monitor fed speak as well. the speculation is rosengren sees the conditions for a rate hike on the vernal of broadly being met. rosengren is getting ready to back monetary policy as financial indicators have become more positive, more on all three of the big stories coming up. >>> first we'll get you up to speed on the markets. wall street said to open a bit lower this morning after we saw a nice gain on friday. the s&p 500 closed up about -- there's a flip just in the last few moments or so with the dow futures up 29 or 30 points. s&p futures up 4. nasdaq futures up 11. i was just going to say, the s&p 500 finished highe

i'm sara eisen. >> and i'm wilfred frost, go big or go home.nly what markets were doing yesterday. 2% rally for the nasdaq. >> best day for the s&p since march 11th. it looks like the party continues this morning. u.s. equity futures pointsing to a higher start. dow futures up 76 points or so. s&p futures up a little more than 10 points. nasdaq up 26. tech again in the spot light. it was a big leader in yesterday's session along with financials. europe early action is continuing. we're really seeing a global stock market rally this morning. it's on the back of stronger oil prices and of course strength on the back of u.s. equity markets led by home builders and tech. german dax up by more than 1.3%. 1% across the continent. the euro has been weakening in recent sessions. could be a lift for german exporters and european exporters. and also a breakthrough deal in greece. we'll get to that. quickly show you the action in asia overnight it was also marked by gains especially in japan and especially in hong kong which grows higher by 2.7%. toyota w

i'm sara eisen. >> and i'm wilfred frost. very good morning from us as well. >> they're killing us with the music today. >> i don't like that one. it's weird that song. do you know that song? >> no. >>> political news overnight. let's catch you up on the numbers here and the results from the primaries, bernie sanders winning the oregon democratic primary contest but nbc is calls hillary clinton the winner in kentucky. now, she's within 100 of the delegates kneed to clinch the democratic nomination. much more on politics. what it it means going forward this hour. >>> that get us up to speed on the markets. around 1% for the main indices here in the states. we just flipped into the green on the futures market. about an hour or half an hour, only slightly, the dow pulled higher by three points. let's look at the bond market as well because we did see movement there yesterday when the cpi data and other areas of data surprised us. closer to 1.7, 1.8, on the top side of the yield this morning. >>> the big news overnight, japan avo

i'm sara eisen. >> and i'm wilfred frost. guys missed out on a very late arrival. >> yes, i did. >> well, let's get you up to speed among the markets this morning. futures right now, very strong yesterday, not as strong in terms of the market move with the indices, in terms of volume as well. we had strong volume in the last couple of trading days, and we're looking at declines today, offset over 1% of gains all three indices looking at down. dow down by 12, s&p by 5 and nasdaq down by 12 points. and disney earnings estimates came short for the first time in five years. advertising and slumps decline at espn is weaker than expected. more on that story in just a minute. >>> first, let's show you what happened overnight in global markets. this morning, over in asia, we got a slight gain for the nikkei, just barely. looked like we were going to continue the rally that we saw in yesterday's session but asian shares did close smaller. shankly closing up fractionally. as for the early action in europe, we've been watching the banks

i'm sara eisen. >> i'm wilfred frost. friday the 13th.a thing out here as well. >> happy friday, yes. >> ooh ooh ooh what's going the happen to markets? >> the markets are down. that friday the 13th spook. yesterday we were mixed. saw the s&p slightly positive. the nasdaq slightly down and the dow was flat. looking at pretty much mixed flat performance for the week as a whole. which given the extreme negativity we've seen in the retail is not too bad. we are called lower by about .4% which equates to 80 points for the dow. the u.s. 10 year. 1.724% rite naught. >> global market picture. europe, strong gdp numbers. double what analysts were expecting in terms of annual rate. not doing a lot to help the indices. declines across the board. italy the hardest. the banks have been at the forefront of the selloff. >> over night in asia we saw a mixed picture. half percent gain in the nikkei the day before. 1.4% decline overnight. also losses in hong kong down 1%. and shanghai down .3%. >> nikkei managed to eke out a slight gain on the week. keep

i'm wilfred frost joined by dee basin in for sara eisen. >> good morning. >> it's great to reunite forhe next few days while sara is enjoying a honeymoon. very good congratulations to her and her new husband. let's bring you up to speed on the markets this morning. futures right now pointing to a slightly positive open. but this does of course come on the back of strong gains. 2% gains and over 3% gains for the nasdaq. only just, though, in the final trading it looks like we will hold on to gains for may. the dow called higher by 3. nasdaq as well. 1.875, near the top of the range in recent week which is has been 1.7 to 1.9. 1.4% on tenhe ten-year. >>> the dow is up on its best streak since five straight winning months ending in june 2014. six out of ten s&p sectors positive led by tech which is up by more than 5%. check out the month-to-date returns the dow is up 0.6%. the s&p higher by 1.6%. and the nasdaq has jumped more than 3%. wilf, if you had sold in may and went away -- >> we have had decent gains. we've also had it in the dollar. we've also had it in oil. those three united ga

i'm sara eisen. >> was that song slightly sped up?his is a remix. >> it's all your energy. >> we better be suped up on what the markets are doing. the futures are pointing to a positive open. we are not seeing quite as many gains in europe but still gains nuns. the d nonetheless. we saw about 80 points higher about half an hour ago. the s&p called higher by 6 points. the nasdaq by 16. the dow and s&p made it two consecutive weeks of losses, albeit small ones last week. the nasdaq and the tech sector suffering a little bit more. the ten-year note on the jobs note out on friday, they did see some yield increases, albeit the margin on 1.78% this morning. >> as far as the global markets, chinese trade data and oil prices, the chinese stocks closed sharply overnight. among the reason, weaker than expected chinese markets shrinking in dollar terms last month. imports was the worrisome spot declining nearly 11%. as for the rest of asia, japan's nikkei rose up 7%. the japanese yen is weaker this morning. in hong kong they managed to gain a qu

welcome back to "worldwide exchange" on cnbc i'm sara eisen. >> and i'm wilfred frost. >> breaking newsvernight an egyptian airplane carrying 66 passengers and crew on flight from paris to cairo disappeared from radar earlier this morning over the mediterranean sea. egypt air says the plane was flying at an altitude of 37,000 feet when it disappeared in egyptian air space at 2:30 a.m. travel stocks in europe have been under pressure on this news. nancy hulgrave joins us love from london with a lookout some of the biggest movers. thomas cook at a three year row? >> that's right sara. straight to thomas cook here. the shares off more than 18%. but you have to keep in mind this company also issued results this morning and it was the guidance that really worried investors. full year guidance that came out the lower end of the range. anticipated by analysts forecasts there. that weighed on thomas cook. they are also pointing to specific weakness in turkey. you can bet that too is a drag on peers. you can see two by off sohey of as the global selloff. the ftsi 100 off more than 1%. in compari

i'm sara eisen. >> i'm wilfred frost. happy friday to you. and good morning from me as well.o the top market story this morning. the april employment report. polled forecasters say the economy likely added 205,000 non farm jobs last month. healeding steady at 5%. average hourly earnings expecting to rise by .3%. >> when it comes to u.s. equity futures keep in mind the s&p 500 closing a one month low yesterday. the nasdaq near a two month low. and it looks like we're extending the losses. for now dow futures down 29. s&p futures down almost 4 and nasdaq futures down more than 10 point. as for the early action in europe. pretty much losses. it's been a soft start to the morning across the globe. the german dax down about .3. overnight in asia. japan reopened after being on holiday for about three days. the big action in china where we saw nearly 3% selloff for the shanghai composite. that has been a weak week as well for china. they have devalued their currency in the face of a little dollar strength. we'll see what happened in the jobs report. >> inflation forecasts came out f

i'm sara eisen. >> and i'm wilfred frost. you

on cnbc, i'm sara eisen. >> and i'm wilfred frost. good morning to you.et's get straight to the markets this morning. yesterday, we saw the s&p flat and the dow down. in unison by the tune of 0.5%, 0.6%. that equates for about 28 points for the dow. 14 points for the s&p. and about 125 for the dow. ticking down fractionally at 177 this morning. >>> new data overnight out of china showing consumer inflation for a third month in a row, producer deflation did ease and china managed to close with a gain just barely in the green. the big move came in japan overnight, a .2% move in the nikkei. saying the government will intervene if the yen's one sided rise -- they used the word intervention for the second time recently. it was a very explicit threat to the currency market to stop buying the japanese yen which actually has stopped. the last few sessions or so moderated. we saw a bigger move. a half a percent this morning. that weaker yen going a long way to help japanese stocks and overall sentiment across the board. we are seeing strengths in banks. and prices

better get this party started ♪ >> good morning and welcome to "worldwide exchange" on cnbc i'm sara eisennd i'm wilfred frost it's throwback thursday. back to the queens of pop. >> which is a good theme. we got pink to start us off. >> who is this? pink? there we go. tough day on wall street. we saw the dow have its worst day in three months off about 1.3%. the s&p and the nasdaq they were down about .8%. retail drew things lower particularly after macy's, and dow components like disney and office depot and staples after their deal was called off. lots of losses. retail was the big one. and a moment a bit of a bounce back. not a big one but a decent bounce nonetheless. a big snell equities yesterday. some bond buying but not huge. the-year-old still between that range of 1.7 and 8. >> ahead of initial jobless claims. let's show you the global market picture. it is super thursday for the bank of england which means the central bank is set to deliver an interest rate decision. no change expected, minutes and its inflation report at 7:00 a.m. eastern time. we'll be looking for any sign that

i'm sara eisen. >> and i'm wilfred frost. a very good morning from us as well. >> they're killing

it's "worldwide exchange" on cnbc i'm sara eisen. >> and i'm wilfred frost.throwback thursday and it's go to karaoke songs. >> and we're holding some gains with a mixed picture. dow futures down 6.5. s&p down 1. nasdaq positive. it's been the outperformer it's up 2.5% for may. the chart to watch? brent crude oil. pushing above the psychologically important $50 a barrel mark for the first time. we're sitting just above there. just holding on. besee a half percent above wti. and brent. wti 49.84. >> and later in the show the fact that brent is above wti. we'll get his perspective on how long it might hold this time. let's check knob global market this is morning. europe mixed. just lost a little steam in the last half hour or so. most of the markets are negative. not too pronounced. germany is positive. and spain is down because the banks are down significantly. banco popular had a rights issue and down about 20% weighing on the sector more generally. europe over the course of the last week very nicely positive. the stoxx 50 is up 4.7% the last week alone. a li

. >>> time for business before the bell with cnbc's sara eisen. what are you watching today?ce of oil. we're still beholden to that commodity, which direction it goes, the market generally follows. also a big earnings report this afternoon from disney. we'll see what that looks like. we're all talking about the facebook story. facebook fighting back this morning. vehemently denying claims that it's suppressing conservative trends. it gets at this question on the front page of "the new york post" and other papers this morning at whether facebook is censoring politically conservative articles in its trending section of curated news on its side bar. this is sparked by a gizmoto report citing a former facebook news curator saying popular articles from politically conservative outlets on conservative subjects were deliberately left out of the trending news side bar. we should note that even gizmoto described the former facebook worker himself as, quote, politically conservative and there's no evidence in the article that facebook management was aware of this. they also interviewed

. >> let's bring in cnbc's sara eisen. >> those numbers are a bit light for april.just discussing, economists were looking for a number more like 200,000. and more on par with the average since last fall. the 250,000. the unemployment rate stayed firm. unemployment rate at 5% which is still good. and continues to paint a picture of an improving labor market. we're not talking about recession or anything like this. we still are talking about 160,000 jobs being created in a mths. on another plus side, average hourly earnings or wages picking up. and this is something we've wanted to see. it's been one of the missing ingredients. it looks like wages grew by 0.3%. that marks a 2.5% gain from last year. we've been stuck in this range of 2% wage gains. 2.5% is not bad. you want to continue to see the momentum picking up on that number especially as we go into the political season here. yes, a little light on the headline number but surely if you look at, for instance, the jobs market next to the overall economy which barely grew in the first quarter it has been a shining

sara eisen has got that. what are you watching this morning?n't change the fact that we're looking at another down week for the markets, which would make it four straight weeks of declines, something we haven't seen since back in 2014. what's ailing this market? the federal reserve. there are now bets the central bank may move to raise interest rates sooner than the market was expecting. we're talking june or july after a series of fed presidents have been on the wires talking about how they're itching to move. and minutes on wednesday. notes from the last fed meeting showing that they are looking to go earlier, which should be a good thing. but the market is spooked by the idea of higher rates. one stock i want to mention, one company we're watching closely is gap. reporting another sales decline. gap has been really hurting, having somewhat of an identity crisis. gap also owns old navy and banana republic. all three of their brands have seen declinie inine ining sales. gap will be closing 75 stores mostly internationally across old navy and b

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it's time for business before the bell with cnbc's sara eisen.e of oil. good morning. one of those is in canada where wildfires are raging this morning. and they are raging in the heart of canada's oil-producing region. we're talking about an area bigger than the size of new york city. tens of thousands of people have been evacuated and hundreds of thousands of barrels of oil have been disrupted. canada is a big oil producer. ships most of its oil to the united states. production is being halted with the areas evacuated. we'll keep an eye on that as prices move higher. also a big shake-up in the cabinet of saudi arabia this weekend. not clear what the implications are for the price of oil but they've named a new oil minister. it just shows that the crown prince continues to be the driver of energy policy and saudi arabia continues to try to diversify its economy away from being so dependent on oil as the prices are lower. one other story i wanted to tell you about, uber will no longer be operating in austin. lyft is also suspending its operations

time now for business before the bell with sara eisen.for a takeover. if this happens it could be a $62 billion deal. one of the biggest foreign takeovers ever, creating the number one seed and crop company in the world. it's been tough out there for seed companies. we've been talking about the decline in oil and other commodities like grains. that's slashed farmers' increase. they're spending less on seeds. it's been a vicious cycle that's hurt this industry and led to a lot of mergers and acquisitions. we'll see if monsanto responds. if they join, 36% of u.s. corn seeds would be controlled. we'll see if regulators bless that deal. and the federal reserve, that is topic du jour on wall street. coming off four down weeks for the dow on this idea that the fed may ruin the party this summer by raise interesting rates. the cheap money can't go on forever. as the economy gets healthier, they're talking more and more about higher interest rates. but that has spooked the market. janet yellen will be speaking at harvard on friday. and ahead of t

it's time now for "business before the bell" with cnbc's sara eisen. what do you have for us today?that he had ordered the government development bank to miss a certain payment that was owed today. so this is just the latest in a string of missed payments, otherwise known as default, for puerto rico. this is the biggest one yet and signals more are on the way. one other one to watch will be july 1st which is when puerto ricos $2 billion. that could be a major problem if it misses that. basically, puerto rico has many problems. it's dealing with a population that has been in decline. in fact, record migration out of the island. we just found in 2014. and basically a decade of no growth. defaulting on debt payments for a few months now. a lot of americans do hold puerto rican bonds, and congress is going through negotiations as we speak to figure out what to do about it. puerto rico can't just wipe the slate clean and declare bankruptcy like other u.s. states, because it is technically a territory and that's against federal law. republicans don't want anything that looks like a bailou

i'm carl quintanilla with sa sara eisen, simon hobbs and david faber at the new york stock exchange. retail remains acute, especially on some of the specialized guys. oil also with some losses down to 46. >> but first we have consumer sentiment and business inventories. let's send it over to rick santelli. >> well, let's go in reverse chronological order, thank you, thank you. we have a march number for inventories and that's up 0.4, double what we expected. interesting thing about when you increase inventories, more widgets end up with better growth numbers on revisions, keep that in mind. the more realtimes are preliminary read for may on the university of michigan sentiment. and in this regard we're looking for number just a little bit south of 90, we're way north of 90, 95.8. remember, this is preliminary. now, comparing that to all the final numbers, this would be the best number since june of last year at 96.1. so a nice surprise on most of the data points this morning. to the upside. back to you. >> thank you very much, rick. retail stocks continue to get hammered. jc penney o

i'm carl quintanilla with sara eisen, simon hobbs, david faber at the new york stock exchange.commodities, and specifically oil, are acting as an anchor around their ankles. crude giving up gains from earlier this morning. >> a lot happening in the oil market. crude near session lows, as carl mentioned. the wildfire raging on and there's a shake-up in saudi arabia. also on markets, it's a big week for retail earnings. jcpenney, macy's, nordstrom all set to report. >>> also ahead, shares of lending club plunging today. the company announcing the resignation of its ceo. the drama inside the company board, of course, that includes john mack and larry summers. >>> and donald trump changing his tune on taxing the wealthy. so, will his supporters be backing his new views on tax policy? >>> and coming up within the next 20 minutes, "captain america" was a big, big win at the box office this weekend. how to play the superhero game from the ceo of amc entertainment. adam aron will join us for his first on cnbc interview. >>> first up, stocks are slightly higher as oil prices fall and th

it's time for business before the bell with sara eisen over at cnbc. king a billion-dollar bite out of apple. a battle of the tightans over apple stock. big boost and vote of confidence from berkshire. it's not really a buffett-style investment. warren buffett likes old school industries like insurance and railroad. it does own ibm, food companies, and that's because this isn't a trade made by warren buffett. it's made by one of his lieutenants. they have two former hedge fund managers managing the massive stock portfolio of berkshire. so this big bet does show there's a transition when it comes to warren buffett's berkshire hathaway as the billionaire turns 86. it also comes up an interesting point for apple where carl icahn told us he is out of apple stock because he's worried about chinese sales. and the stock has been trading at the lowest point since 2014 after they saw sales decline for the first time in almost a decade. there are questions about whether it can grow again. that news sent apple to the top of the dow and helped fuel a big rally for

. >> sara eisen, thank you. >>> hold on, everybody, we are going an extra hour. >> no way! have to go to the toyota dealership on the west side and check out cars. >>> still ahead, perhaps no republican campaign was more organized than ted cruz. the former communications director to the campaign brick tyler will tell us in the end why it didn't work out. >>> also, mark halperin, ron fornier is going to join us in our discussion as we are live for another hour. we are back in a moment. you show up. you stay up. you listen. you laugh. you worry. you do whatever it takes to take care of your family. and when it's time to plan for your family's future, we're here for you. we're legalzoom, and for over 10 years we've helped families just like yours with wills and living trusts. so when you're ready, start with us. doing the right thing has never been easier. legalzoom. legal help is here. prge! a manufacturer. well that's why i dug this out for you. it's your grandpappy's hammer and he would have wanted you to have it. it meant a lot to him... yes, ge makes powerful machines. bu

. >>> it is time now for business before the bell with cnbc's sara eisen. tesla? what's going to?run by elan musk has plenty of demand. people are clamoring for teslas. but the company is losing money. as we saw in the earnings report. when it comes to tesla, the big problem is it just can't produce the cars fast enough. it's not a demand problem, like a lot of companies are facing. it's a supply problem. and with that, tesla announced it's going to ramp up its manufacturing production of its cars. originally, elan musk said he plans to produce 500,000 teslas a year. he's moved that ahead to 2018. it came as a welcome surprise for wall street because the demand is there, especially for all of you out there that ordered the new model 3. it costs $35,000 and doesn't start shipping until 2017. 300,000. more than 300,000 orders for this car. so the good news if you are one of those who ordered it, you may get it on time and wall street is taking it that way as well. >> thank you very much. >>> seaworld will stop breeding killer whales in captivity. and ringling brothers had their fina