seagate, another good example. they were a very large miss. it's very unusual to have a big company miss by about 30% on the expectations you see what's happening there that stock is down by about 20%. so here is the trend so far. we got about 25% of the s&p 500 that's been reporting. we're getting more companies beating on the top and bottom lines than usual almost north of 70% and they're beating by larger amounts than typical. there's the good news. here is the bad news prices are so high, you have to have a very strong beat or very, very strong guidance, really, to move the stock forward and small misses penalize you much more heavier than big beats will help -- than small beats will help you out and significant misses like seagate you get dropped significantly, down about 20% as to where we're at right now, 20% of companies, earnings up 8.8% they were stronger yesterday on friday because the analysts had not accounted for google's big fine and that dropped the numbers a little bit revenue is up 4.6% we may get to 10%. we'll see what happe

seagate i think they have a kitchen sink quarter last time and they cleared the decks. certainly is. dd and if you look at all of the data storage area it is really high growth area. they're cheap. they have a 6% yield i like them. second one, las vegas sands. certainly macao has been way up finally. they may get japan, who knows. las vegas is recovering. again, a cheap stock with almost 5% yield. third one even more controversial but i think still pretty good opportunity is gamestop. gamestop is changing their model. they're now going to compete with microsoft and sony and whatever. i think that the stores, they're history. but doing it online is the way go. yield of more than 7%. those are the earnings bets that i think that you want to make this quarter. liz: okay. >> looking at all the old conservative ones are different. liz: gamestop is the one that makes sense to me. they go down and pop up. it is down 23% from its annual high. today it is very close to its 52-week low. chris, why by the other ones? they're not at a discount at the moment. their stocks look like

the nasdaq down 10 on the pressure from google and seagate.. >> thank you, jason brooks from kcbs radio. >>> an expansion of the bay area's bikeshare program. today the mayor of berkeley will cut the ribbon on the first ford gobike station in the city. by the end of the year, berkeley is expected to get 450 bikeshare bicycles across 39 stations. it's part of a regional program including oakland, san francisco and san jose. been seeing a lot of them around town. >>> bart is getting ready to show off its sleek new look and we are getting a taste of what's in store for the fleet of the future. the padded seats are smoother and easier to clean and air- conditioning comes from ceiling vents to keep the cars cooler. they are using technology to reduce noise and less seats and more floor space so more people can get in. the agency hopes to put 10 cars in service late fall. so a few more reasons to take mass transit instead of being stuck in your car. >> yeah. that ac will definitely be nice. i don't know if you have ever been on a bart train when it'

. >> pete, seagate was downgraded. >> western digital is winning in this battle and i think a lot of that has to do with the acquisition strategy that is spot on. hitting near the lows of the 52 weeks for this name. i'd stay away from seagate i think western digital goes to a hundred. >> the google of russia, also known as yandex -- >> i don't know russia, scott. i have nothing in russia >> you're huge in russia >> look, listen, listen, it's a technology company that has a search platform. when you look at how it trades relative to the rsx, which is the russia etf, they move in lockstep it's essentially a proxy i'm just saying how it moves uber got chased out. maybe they will let yandex run it i don't know that i would buy yandex this is not my time of thing. >> joe, t. rowe. >> up 5% to 906 million. asset managers the last couple of years have struggled as the move has been to etfs. the ceo did a good job of defending the story. they are active stock pickers. i think all of the asset manager are building positive momentum. >> doc, give me the scoop of delta airlines >> revenue was s

the only tech stock that people worry about is seagate i can handle that.eriodically the disc drive companies are not that good. my charitable trust owns western digital. i think they get the toshiba flash. >> seagate is the worst s&p err rig eerr >> who gets the toshiba flash? >> western digital because they got that restraint -- >> superior court. people don't understand the power of one tro how -- i mean, there have been -- i've tried to get tros, they're not easy to get. seagate is the worst s&per number two is delta today. does miss by two cents with $1.64. they see q3 rising from 2.5 to 4.5. >> that was disappointing versus united continental here's an interesting stat from the day they pulled that guy off, that stock has been the best in the group. that was the signal to buy united continental could you run the tape come on? that tape isn't just run when you mention it >> i think we ran it out even though it's digital, it somehow just decomposed. >> i reiterated my buy right now -- >> it doesn't even actually exist as a physical thing. >> if nvidia w

seagate had plunged. google disappointed, that was down.nd facebook, which we will be reporting wednesday, was down ahead of those earnings. that broke a 12 day winning streak. such a longd winning streak since 2013. yvonne: we are really in the thick of earnings seasons. caterpillar another one to watch. surging due in part to large sales in china. in ae will get to wynn second. caterpillar is so important in that it is considered a bellwether. they make big construction equipment and construction has been booming in china. that was a sweet spot for sales. let's take a look at the things in the 2015 earnings outlook. the stock was up almost 6%. let's talk about one analyst was saying, that they are getting back to normal. revenue returning faster than cost. it promoted the third best performance in the dow in the year so far. let's talk about the not so muted reaction to wynn 's numbers afternn's the bell. even though there has been a big rebound in macau, the palace beat estimates. the earnings did come up short. the adjusted earnings. th

. >> what about seagate? that's a company with a p/e of just 8.7 >> yes seagate's great.nly is it a low p/e stock, but also, it has a yield that's north of 6%. and i think you get paid while you wait with $3 billion in cash, this is not about to cut the dividend. seagate is interesting they already had a kitchen sink quarter. and they're making the transition from hard drives to solid state to ssd, plus the fact data storage is not stopping when you see everything that's coming forward, even 5g when we get it across our mobile networks the need for storage is tremendous it's not something that's really just in the later distances, it's early on. and this is a cheap company. it's unloved unwanted it's been downgraded you look at western digital. it's been flying seagate is a duopoly i think, you know, this is the time to enter into it. >> chris, do you always look for stocks that have been beat up first? >> i think that's the first thing i'd like cheap i love tech. but i like cheap tech. and i think it's real hard the f.a.n.g. stocks are terrific and probably make more mon

why did marshall and eisenhower seagate cross channel invasion was militarily possible? it was primarily general marshall whose plan it was. eisenhower was director of plans, he did what marshall told him to do. it is true that eisenhower had a very positive attitude towards the plan. this was his very own plan that he delivered to general marshall. there is a confidence in the american military. you won't forget that in world war i, the arrival of one million american troops in the spring and fall of 1917 in europe turned the balance of the war. the americans, although suffering major casualties, acquitted themselves brilliantly. the american army was very confident that they could bring together the same kind of intervention or force and cross the channel. it was churchill who believe that it was possible, but that it was premature. churchill's strategy was collect all the american soldiers in great britain, primarily in england, to train them for two years and then to attempt to cross channel invasion, not to mention that in 1942 we didn't even have a landing craft. w

big decline we are watching today, the worst percentage mover in the s&p 500 and the nasdaq 100 is seagatewn 16% -- the shares down 16%. analysts looking for $.98 a share. it is seeing a sea change in its --iness, slowing down for demand for computer hard drives. volatility,atching which is very, very low as measured by the vix. less so if you're looking at volatility in tech stocks. the implied volatility had a --ge to relative volatility it has come back down a little bit, but still at an elevated level here. it is all relative. looking to close at a record low again today. david: thank you very much. let's turn to trade, the focus t at ther ross' commen economic club of washington this afternoon. liam fox also talking trade in the nation's capital. he is there for two days of talks on a potential bilateral trade go with the u.s. after brexit. michael mckee is an washington, d.c. what didn't we hear from the secretary of commerce today? mike: we were expecting perhaps news from the secretary, but oddly for someone representing the trump administration in a trade matter, he spoke softly e

so right now as we look at these laggards, there is seagate technology and twenty-first century fox, the shares that are under fox, versus fox a. what is behind at least the bull charge for the dow. let me go to the new york stock exchange and nicole petallides. >> hi, liz. most sectors are to the upside today. you see we're up about 13 point right now. earlier in the day when oil broke below 45 bucks, that put pressure on market. when we broke through 46, that helped things along. ultimately we're watching for the cpi report tomorrow. here is some of your dow leaders. including some of these retailers. walmart getting a boost because of positive comments from target. target saying missing more store traffic and see giving us optimistic outlook. target up 1%. apple and microsoft moving higher. financials we'll get nice numbers tomorrow. i spoke to keith bliss and here is what he had to say about the market. the market is on a nice edge. it may grind higher but any disruption could send it tumbling. that is from keith bliss. a little skiddishness, still optimism from wall street. back

you can see seagate missed by a wide margin, 30% you can see the stock really getting hammered here,own 15%. we know enough we have a quarter of the s&p 500 reporting. more beating on the top and bottom lines and beating by a greater percentage that's why the market is doing so well. the prices are high. you really need to have a good beat or really good guidance to really move a stock forward. caterpillar is one example of that today if you miss in any way, you get heavily penalized. there is one other group here for doing well as the stock market is hitting new highs, we're hitting asset managers hit new highs. the t. row prices and legg mason. they get paid more when assets are up >>> thank you very much. >>> when we come back, goldman sachs analyst heath terry is with us. we'll talk his best bets for tech for the rest of 2017. caterpillar getting a bum top day. we're monitoring the conference call and we'll have the latest on that later, she was onest youngest employees to ever work at google, 19 years old. she now has a new ai start-up. all that and more when quauk alley continu

totally different story at seagate technology. remember hem? they make disk drives.d demand for personal computers, down 15%. seagate technology, as we speak. >>> now, the senate's going to hold a procedural vote this amp on health reform. senator john mccain will be there for the vote despite his diagnosis of brain cancer last week. here's what the president said this morning. so great that john mccain is coming back to vote. brave american hero. thank you, john. that's not what he said during the campaign, but we'll move on from there. senator john barrasso joins us now. senator, first of all, i've got two quick questions. number one, do you know how john mccain is going to vote? and number two -- [laughter] you're smiling -- how do you handicap it? how do the votes stack up as of right now? >> well, i am delighted that senator mccain will be back. he's been unpredictable in the past. i'm certainly encouraging him, as i am every member, to vote to do this. this is why he wants to be back here today. he campaigned on repealing and replacing the obama health care law

by the way, net app nrg energy seagate technology leading the s&p 500.rg energy up about 40% just this week. >>> the latest airline report card is out. are customers still complaining? of course they are it's airlines and this is america. but let's find out by how much philip bow is live in chicago with the answers, courtney reagan who got stuck in an airport last night is sitting here. >> complaining. >> she gives them an "f. >> not fake news, she's complaining about the airports. >> courtney, get in line the latest numbers for the month of may show that there was a surge in the number of complaints, not surprising given what we saw in april we'll talk about that in a bit the on time arrival ratings, overall they were on time 9ment% these were the best of the airlines no surprising hawaiian and delta near the top as they traditionally are month in and month out. who did the poorest in may -- and, remember, the average for the industry is 79%, express jet, frontier, spirit, jetblue, virgin america 58% of the flights arriving on time really poor month of

heaven help you if you missed though 3m at a small miss seagate big miss here. we've got the 25% of the s&p reporting. what's the lesson so far more beating on the top and bottom line and by a bigger percentage that's why the market's up but prices are high. you've got to have a really good beat, a really good guidance to move the stock caterpillar is the good example there. heaven help you if you miss because you're penalized heavily. one big winner is an asset group here all of the money managers are hitting new highs. t. rowe and eaton and frank inwill these guys are paid as a sets under management they get more money. simple story from them back to you. >> all right, robert thank you very much. the democrats putting a target on the drug industry with their new so-called better deal plan meg tirrell here to take us inside the numbers >> hey, tyler. bob was just mentioning eli lilly and biogen had reactions neither stock reacting largely bmo points out even though they had a beat in the second quarter, it was driven by older medicines. they also reported on th

seagate technology was downgraded and barclays cut the price target they said they have already cut mucht of its operation, as much as it can, and several other factors are shifting market sentiment in favor of rival, western digital. vantiv was upgraded they expect vantiv to benefit significantly from a transaction. >>> a drug maker is rising in premarket trading. they granted orphan drug status for a muscular dystrophy drug. you need a little protection to make up for all the r & d that you spend on something where you'll never have a huge patient population >>> target is out with upbeat earnings news and issued upgraded guidance saying comparable sales will be positive and earnings above the high end of its previous guidance previous guidance calling for earnings per share of 95 to $1.15 per share. the current cup census estimate is $1.06 per share the retailer is doing well in the face of a competitive environment. shares of walmart and kohl's are up 1% premarket as well. >>> coming up, the military are relying more and more on drones to help capture the bad guys up next, meet a form

terms of seagate are getting hit hard in premarket trading. drivemaker reported 65 cents a share. analysts were at 98 cents. and americans are spending a record amount of time on home improvements according to a harvard university study, 316 billion dollars will go towards remodeling this year that's up from $296 billion last year analysts say that's a reflection of the strong housing market and growing consumer confidence. and let's look at the future, which were alluded to. yep, still up almost 140 points on the dow up over 8 on the s&p nasdaq down on mostly move in alphabet not helping only down two points now >> biogen is about 4% on its earnings let's get back to our guest host maggie wild reporter former chairman and ceo at frontier communications i know you stepped down, you're not executive chairman, haven't been for awhile now, but the stock is down 81% over the past year and josh resnik of jericho capital in may said that frontier was one of his top short positions. i want to ask you a couple things about this just to get your respon