a loss for the company, anyway. then we have people who found creative ways to kind of pull back from the company and they're sort of in emotional investment with the company and find other ways to emotionally invest at work by doing things like maybe mentoring the new generation that was coming up and they found a lot of meaning in trying to help new employees find their way in the company. they found ways to make their own work very creative or they found ways to invest in the profession, say, of engineering. so one person for example said i'm no longer a boeing engineer, i'm an engineer who works for boeing. they're pulling back from the company and investing in their profession. and again, we thought that was a very late significant change because you can go be an engineer then for another company. it's not as tied to boeing per se though those are important findings that we found with peoples vocation to the merger. >> i think something that should be clarified is that the footprint that boeing has in the puget

no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. >>> our data partners at kensho report the s&p has gained less than 1% in the first part of earnings seasons only three times since 2003, including this earnings period. when it happens, three months later, the utility sector is the big winner, up 5.5%. energy is the big loser, down 5.14%. for more kensho, go to cnbc.com/kensho. now, back to scott wapner and the halftime traders >> all right welcome back to the "halftime report." there's a look at your market picture. dow jones industrial average is over 21,100. it's a gain of 26 points today s&p is modestly in the green, a is the nasdaq today. lee cooperman is still with us dow has made all of these record closes and since you were last with us,

that is the difference between a good company and a great company. if you can harness that and get everyone doing the extra behaviors, caring and engaging, you can have something truly fabulous and competitive in the minute you begin to ignore that or not acknowledge it, you become so focused on making profit at all costs, that kind of thing goes away. you may not notice that it is gone but in our interviews, it is a big deal. >> and now from, marian harris, social worker from the university of washington to, sits down to discuss the treatment of children of color in the welfare system. >> the name of my book is "racial disproportionality in child welfare". nationally, there are 400,000 children on any given day in the child welfare system in this country, black

or that something good was happening at the company so you could buy on the weakness. but there's nothing going on at those companies. they remain as dominant as they were when they reported their earnings maybe that's why they pretty much rose from the dead and rallied again. as they have so many times before in the years since they started to matter. facebook stock at one point was down two bucks and we heard it was all over for facebook. you know what, at one point in my life this kind of action drove me crazy a few large accounts, big money managers can really move stocks when they get in or out, because there aren't enough players around to make for a coherent, relatively friction free trading. for example, i can recall a moment when i was renting a house back in august of 1988 i simply refused to go outside to the beach until i could find out what was wrong with the stocks at data general and digital equipment. one got bought, the other one doesn't exist. i was going bonkers. sellers keep appearing and knocking the stocks down then it extended to apple, and i was

the the company that makes the vilified i mean these companies did not know about other problems similar to their problems that other companies had experience when it comes to impulse problems and i find it i find it remarkable for them to be able to say how could we have known well one way they could have known of course is simply to look at the history of other companies that make similar types of products that have actually settled these cases in the past i'm curious chris how does the f.d.a. respond to the emerging science on this issue i've always felt like the f.d.a. is a total failure but are they doing anything right at least in regard to this drug. well as we just discussed the f.d.a. looked at the totality of the information at the time and determined that there needed to be a label change and that didn't happen in the united states until two thousand and sixteen so years after it happened and in other countries that were looking at the same science so the f.d.a. was many steps behind other regulatory agencies and again kind of failed t

since then, the company has blown away the earnings quarter after quarter.course, the stock took off after the election like so many other defense stocks the defense stocks, they just won't quick. the next time we heard from boeing in january, we got another top and bottom line beat but the government seemed to be turning into a tail wind from a head wind. even though trump criticized the cost of air force one, so far the trump presidency has been a positive for boeing. defense is one of the few areas where the president and the gop controlled congress can agree to spend more money and boeing could be a big beneficiary. when trump travels, he's basically acting like a big arms dealer for u.s. companies. boeing works with companies that respect friendly with the u.s. just since december, they've agreed to tell 110 passenger aircraft to various airlines they've got to be the biggest beneficiary of peace with iran however, the real story has to do with cost savings that's how the company managed to give us financial earnings. boeing has been laying off workers

the company has announced they have hired robert lynch. the fourth leader in less than two years charged with reviving the struggling music company. the appointment is effective september 18. pandora also said the former c.e.o. of sony entertainment will join its board. two of the top players in the nba helped kick off the inaugural players technology summit in san francisco. the summit brings together top leaders in tech, venture capital, and sports to exchange ideas and expertise. in our exclusive interview, cory johnson caught up with steph of thend andre iguodala golden state warriors. he started by asking about steph curry's investment in pinterest. >> it is something i like to use. it is something my wife uses. for me, there is an opportunity there. a couple years back, i was waiting to get some skin in the game. it is not something i am involved in day to day. it is something i am involved in just to see the growth of the company and to have that feedback of seeing how the company is doing and keeping track on that. besides the compa

carpenters hall belongs to the carpenters company as always belonged to the carpenters company. the federal government has tried to buy it or to take it off our hands several times -- and the company has from the earliest days absolutely not, it's our own -- it's our contribution, if you will, to telling the story of america. and they restored the building -- i put quotes around the restoration -- in the 1850s and opened it to the public free. second only to mt. vernon in terms of a privately owned structure rather than a government-owned structure, being open to the public as, if you will, a shrine. their idea of restoration in the 1850s was a little different than ours today. and subsequently in the 1950s and 60s. working with the park service as independence national historical park began to emerge, the company at its own expense renovated the roofs and the structure and the structural steel so the building could safely be used by groups of people coming through. so that relationship is one of mutual respect. we take advantage of their steam loop to keep the building heated an

, they are much attention to be brought on the port trucking companies as they can. murphy, the piece is called "rigged," available online at "u.s.a. today," looking at the trucking industry in california, joining us from >> c-span's washington journal, live, every day, with news and policy issues that impact you and coming up saturday morning, the cato institute, discussing ways to reform the national flood insurance program which must be reauthorized by the end of september and is nearly $25 million in debt. capabilities and the cost of modernization. about stateslks changing their legal age marriage laws. be sure to watch c-span's washington journal, join the discussion. >> president trump answer reporters questions twice today during his latest remarks made about an hour ago, he talked again about north korea as well as cuba and venezuela. the remarks came after he met with secretary of state rex tillerson, u.s. ambassador to the u.n. nikki haley and national security adviser, h.r. mcmaster. from new jersey, this is just over 10 minutes.

the u.s. consumer economy. each of these companieshly associated with the regions within which they play. they are compared because there are similarities. large e-commerce companies. they have made investments in entertainment platforms and services. there are interesting similarities. there are a lot of regional specificity each has. and there are unique characteristics on both sides. the other big point selina made that is critical is alibaba is making money now. amazon is investing a ton of money now. that is a big difference. alibaba is investing but not to the same degree. the bottom line looks much smaller for amazon. emily: we traveled to beijing a couple of years ago to speak with jack ma. there was some concern around that time that alibaba might be a lot of hype. what has changed when it comes to investor sentiment? >> investor sentiment has come almost a full 360 degrees over the last few years. late last year, it was foot on the u.s. notorious list of counterfeit goods. bear sentiment spiked over the last few years. there

i'm investigating if the drop can be a buying opportunity. and one companys disrupting one of the largest markets in the u.s. any way to protect your portfolio? hmm, i'll reveal stay with cramer your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. i love you, droolius caesar, but sometimes you stink. febreze car vent clip cleans away odors for up to 30 days. because the things you love can stink. ♪ >>> one of the most talked about tech ipos of 2017 have been having a tough time, blue apron and snap but grub hub, the largest online platform in america, and yelp. yelp the top purveyor of online business reviews a week and a half ago, these two companies announced a major new partnership and their stocks roared highe

the move is part of a greater move by the company. uted a collaboration with ibm for free online returns as it competes with online services like turbotax. since president trump took office, tech leaders and the white house have butted heads on several fronts from immigration to climate change, and most recently the policy around hate groups and hate speech after the events in charlottesville, virginia. now, washington has grown more critical over tech firms, hiring practices, and news content that could have far-reaching implications. we discussed this. we mentioned some of these cultural issues. the band on trans members of the military. these are places where the administration and the company have clashed in a very public way. and those kinds of clashes have policy consequences, you know, especially in this administration where loyalty is a big deal. there is not a lot of love lost between some of those companies in the white house, especially given the events and charlottesville more recently. but it is more important to realize t

the traditional engineering company competing with the true tech companies. this is the battle.play out over the next decade. it will be fascinating. oliver: lawsuits don't help. now, on parking. i've not considered driving in new york because of parking. you look at a potential solution. megan: many years ago when i was a young lawyer in silicon valley, this was a problem at my law firm. when you live in areas like that where there is parking and people drive from other places which is common in california. what lyft did was they wanted to invest in other forms of transport and started charging employees for parking. they found the model was successful. they developed an internal market of parking where people could sell their spots for $10 a day. when they try to roll out this model to other companies in the valley -- they got shut down. if you have great ideas you need broader by in to have success. oliver: a great design and cartoon to go with it in the magazine. >> the lyft parking lot is interesting because it is like a metaphor for how people think about parking in genera

the regulator's chairman said the country expected better of its biggest company. a computer coding error was behind more than 50,000 alleged breaches which could cost it billions in fines. let's go to china where the country's largest social media platforms — weibo, wechat and baidu tieba — are under investigation for alleged violations of cyber security laws. our correspondentjohn sudworth is in beijing and he's been following the story for us. what are the accused of doing? these are amongst the most powerful social media platforms in the world, each of them used by hundreds of millions of them used by hundreds of millions of people here in china and beyond and the cyberspace administration of china has issued this directive today saying they are now under investigation and the concern seems to be the idea that some of the content, some of the charts and m essa 9 es content, some of the charts and messages and material being shared in danger as national security and the cyberspace administration points to things like spreading false rumours, issues related to ter

that he is not seeking control of the company, he says. he plans to propose a minority slate of directors, not the five that has been reported it will be four or fewer he asked for a one-week extension to the nomination deadline, which is august 10th, to meet with the board and to give them time to consider the presentation it's been considered earlier that ackman had asked for a 30 to 45-day extension. bill ackman says, in fact, that is not correct it was only a week extension he asked for. his goal, he said, was to do this consensually. he did not want to have a proxy contest. he wanted to work with the board, he said, like pershing square did with chipotle another interesting nugget here is that bill said he knows the ceo of adp, carlos rodriguez, well and that they went to harvard together and went to harvard business school together. so that he knows this gentleman, quite well thought they could do this consensually, at least have that conversation, rather than have this sort of blow up in the manner that it has ackman telling me, he t

the rise was led by big gains for tech and retail companies. 196 points, the s&p 500 gained 24. the fourth biggest gain of the year. the nasdaq finished 84 points up. a shake-up at the head of america's second largest oil company could be coming by the end of next month. chevron's chief executive john watson will step down. he's been ceo since 2010. the company's shares gained around 35% but the dow more than doubled in that time and pressure has been growing on the industry to cut costs. the lead candidates to replace watson is mike worth. >>> blue apron is putting in a highry freeze for the salaries workers. they deliver boxes packed with fresh ingredients and recipe cards. since going public, the shares dropped 50%. the company said it is also laying off 14 recruiters as part of an organizational restructuring. >>> and panera bread is taking a step to appeal to health conscious consumers. the salad chain is listing the amount of added sugar and calorie counts on the cup. a regular 20 ounce soft drink contains 17 teaspoons of added sugar. pan

there was the tweet about amazon doing great damage to companies throughout the u.s. obs being lost. are we getting to a point where tech companiesclass i do not nk we are at that point yet. i think we are at a point where some people in washington come up both liberals and conservatives -- >> i do not necessarily think we are at that point yet. i think we are at the point where some people in washington, both lirals and conservatives, are starting to look at it. there is a lot of market share here. there are a lot of companies like amazon gobbling up smaller ones. democrats are saying this as well, we need to take a look at what is going on here. i think it is important to realize as well that some of these companies are on the chopping block when it comes to these issues. emily: how have tech companies change their techniques when it comes to lobbying? what is happening right now? t is what it comes down to. there was some talk that these companies did not have any republican representation, and they needed to bring in conservatives. i think that was a little overst

and indeed, morale at the company? e new ceo search, as eric newcomer and others have reported, it drags on. they are down to three candidates. one is said to be former ge ceo. meg whitman took herself out of contention a couple weeks ago. she was rumored to be on the short list. they have talked about wanting to appoint someone by labor day. i think they are at an impasse. there is a different vision between travis and his allies, and benchmark and its allies, about what kind of ceo uber needs. tied into that, when should this company go public, and perhaps take its foot off the gas? this is a very divided board with a lot of bad history, and bad feelings and now a lawsuit. frankly, they are stuck on the way forward. my guess is it might still be , weeks or months before we have a new uber ceo. your second question about morale, it cannot be good at uber, with one thing after another. people have to be wishing this drama was behind them. caroline: i am sure they do. bloomberg's brad stone, i know you will be there ever

truck, the company would the truck and e keep the money they had invested into it. really was a promise for a lot of guys and some guys have nded up owning the truck, the first thing the industry will say, a lot of guys are happy because they were successful. hundreds who weren't, hundreds who lost everything, on, r house got foreclosed they went bankrupt trying to afford the truck they never qualified for. host: brett murphy, part of the investigative team at "u.s.a. naples, florida, graduate of berkeley and university of pittsburgh in his industry he trucking and truck drivers' rights, that is our topic. he story is called "rigged, forced into debt, working past exhaustion, left with nothing." jame necessary santa cruz, good morning. doing? how you i just can't believe -- i can't it, that is elieve the way the country works, but ow come you didn't report to the nlrv? has this t murphy, been reported to officials? guest: yeah, james asked nlrv.ically about the that raises a point, these guys and the nlrv is for union disputes, g

one of the great companies in the country. they moved up from illinois because they saw the change.x burden has gone down. f >> whomever you give the credit to, it is undinable there's a big of a manufacturing renaissance take iing place her and a renais gateway technical e excited to be b a part of. >> i feel like a lot of to america. everybody wanted to go overseas where it was cheap and now, they are realizing you need skilled workers, which you can find here in america and wisconsin. >> and with the skills they're learning, they'll likely have their choice of jobs. amazon has a new facility up the road. many xwaens are moving here like this one, which relocaled from illinois for the lower taxes and if the state can pass economic incentives, fox con is likely to open up a new facility. 13,000 jobs paying over $53,000 a year plus benefits. $10 billion economic investment over the next 15 year, it's going to be on top of another 10.5 billion this payroll. if they pay as they grow, that's a good deal. >> wy builds the plant ma

the company posted a quarterly loss. for the past quarter reached $428 million, up from $409 million the previous quarter. it included expenses recorded following the acquisition. we will explore the shared workspace startup's global ambitions. this is bloomberg. ♪ emily: wework is continuing its global expansion centering on southeast asia and south korea. the world's largest provider of shared workspaces says it will invest $5 million and acquire a co-working start up. the latest move comes on the heels of the announcement to expand into china, japan, and a third location in seattle. joining me to discuss the road ahead for wework, selina wang and new york, and our guest host for the hour, bob o'donnell. talk to us about the strategy and why wework is making these moves. >> this is interesting because this acquisition is the first time wework has acquired another co-working space. previous acquisitions have been for related services. with this acquisition, they are getting a local team with local expertise based in sing

and taxes, the company is losing money. shopify's consistently been moving toward profitability, while etsy's product has been more erratic. the stock market loves a story about a company losing money, starting to make money with accelerating or good revenue growth shopify. finally, how about the earnings to the extent they have some etsy just became profitable. they earned ten cents a share. shopify's losses have been shrinking. they're still losing money or the company's preferred non-gaap number which showed a one cent loss profitability is where etsy shines but shopify has accelerated growth etsy named fred wilson, an old friend of mine, they named him chairman he's a no nonsense guy, all about profit and growth. i like that. etsy has one more thing going for it in 2015, we thought amazon would be launching a direct competitor to etsy. in this year, where it feels like no one can stand up to amazon, etsy took amazon's best shot and kept kicking. in fact, the company has now gotten stronger. not many businesses can go fr

the company started originally in the u.k.are listed for historical reasons on frank for stock exchange -- frankfurt stock exchange. we will watch to see how the evolution of brexit works, what it means in terms of regulations in different areas for us. so far, there has not been a lot of impact. we will watch, along with many other international companies, how that potentially attracts the attraction that eventually affect the attraction talent to u.k. outside of that, today the conductor business all the way around the world and being in or out of the eu percent, i don't think will matter to us much. caroline: where are you going to build your next design center? >> i think it is likely to be in asia. we would continue to add talent to locations in europe and the u.k., but in reality, in terms of the number of engineers we need, we have to build potentially a design center in india. caroline: that was my conversation with dialog semiconductor ceo. emily: thanks so much. to recap our breaking news, expedia has named its cfo a

the company is creating a new l.a. based team. es amid apple's intensifying efforts to compete with amazon and netflix with both already having solid footing in the space. we spoke with -- >> building a team in los angeles, they have an office there. they now have apple music there. from apple music they have been doing small things in television programming. couple karaoke. they have carved it aside. they have a big wedge of cash amount to spend on original content. >> ahead of the earnings call a couple weeks ago, we have just learned they are getting started. subscriptions continue to move along and video will be a contributor overtime. how big a contributor? >> replacing revenue which is basically being lost from itunes. when was the last time you bought a film on itunes? >> i do all i can do not buy them. >> amazon and netflix are lugging that gap. it serves to glue people to their products, iphones, ipads. you will be able to watch these films on pcs, you will probably not be able to watch them on an android phone or roku. >>

emily: right, cloudflare was the last company to cut off "the daily stormer." mpany that has taken a more laissez-faire free's reach approach -- free speech approach. we did have the ceo on the show and he said he was still uncomfortable about taking down the site. he believes that no person, no company should have the power to take down sites. take a listen to what he had to say. >> we turn to the experts like law enforcement, regulators, and we say, here is the content. what do you like for us to do? that feels like the process of -- principle of due process. that they are politically enshrined with the responsibility of knowing what to do rather than someone like myself or mark zuckerberg or jeff bezos. emily: he is arguing that internet companies should be regulated like utilities, and that decision should be out of their hands. what you think? >> yeah, i don't know if he has really thought through that one. if you are regulated like a utility, you are worried about the burdens, but if you are regulated as a utility, that creates a new set of burdens. there

i feel very good about the progress that the company has made over the last decade and i think it's inape as we look ahead he is a senior ceo he has a very strong and proven track record at a variety of different companies of growing both top and bottom line even in challenging circumstances and i think he comes with a tremendous set of skills that will be very relevant as we start to write the next chapter of the mondelez story. >> you know i would imagine many of your 90,000 employees this morning when they heard the news said dirk who. in part because he's not an insider. it's so typical of a company of your size. we often see somebody who has been groomed for the role. what is it that the board and you decided was needed at mondelez that wasn't going to be fulfilled by somebody who your employees perhaps were a lot more familiar with >> we didn't say we wanted an outcider or insider. we identified the key attributes we thought were critical to take this company to the next level and he was the candidate we felt best really fulfilled those criteria so it was, i think, he's had an op

the basics, growing the top line of the company, the bottom line of the company that's something we'veery quarter since we've been public last quarter was a good quarter. 31% operating margin 26% subscription growth. so those are the things we're focused on i guess the big picture, we can develop here one of the few multibillion dollar profitable cloud companies over time. that just takes hard >> so peter, why do we have to hear about competitors metta data, we've had them on. but they came up is that something -- i've not heard competitors come up in your conference call before. >> we're getting relatively broad data we have a lot of products. in the clinical area, the quality, the commercial area so you can bump into some competitors, and that's probably good for the market. so meta data would come up in the context of the clinical data so we have some early customers. and that's why meta data comes up but when you look at what veeva customers appreciate from us, we have multiple products on one cloud platform so it makes it easy. that's what they look to us for. >> now, i thought it

the company announcing it millerworld. is the latestn decision to bolster its own content. her companies become wary of dividing content to streaming services. we discussed the next move. a big part of it coming off that disney segment, disney, time warner, they have pipelines of comic book materials from which they can use. all of the tv shows and movies that netflix offers are from disney. marvel owns and produces, movies that netflix licenses after. netflix wants its own pipeline of original, and material that it can develop and own and exploit down the road if it wants to make t-shirts or lunchboxes or themepark rides. emily: what is your take bob? smart.ink it is you mentioned netflix as a media company. that is different than netflix as a streaming company. for them to become a media company they have to buy and create original content. if you want to create stickiness in your service, that is the kind of move you have to make. amazon is doing that for prime, netflix is doing this, i expect we will see more of this. i expect this is a challenge for apple who has talked

shire is down about 3% after the cfo is leaving the company by the end of year as the company is exploringtrategic options. let's rounded out by taking a look at the cross asset board. . there is a bit of a haven bid. we do see that the 10 year yield is down one basis point. that tells us haven bonds are rallying. that is a bit of a drag on the bloomberg dollar index. typically they trade in tandem. we have the yen higher against the dollar. look at gold up 7/10 of 1%. slightly and a little bit of a haven bid in early trading the u.s.. mark: down for a third day here in a row as well. even for adjusting mining stocks , the best performing sector today. the 37%ading at discount relative to the market based on one-year forward consensus estimates. the historical discount is 25%. what a wonderful status start today show. day today with hotel agreeing to buy the oil and gas unit for a surprise $4.95 billion. it is another sign the pace of deals in the energy sector is accelerating after a downturn. they will receive a consideration of $4.95 billion in total shares. the french company would als

the company burning through cash less than analysts expected. rate was still a quarterly record, and almost double what tesla went through in the first three months of the year. we will bring you all the latest headlines from the conference call. joining us to break down the results, kevin, who covers tesla for us. all eyes on model 3 and how production difficulty will impact the results. what do you think the highlights are? kevin: i think the cash burn is probably at the top of the list. i am not sure there are a lot of numbers in their. just from the perspective of being second quarter, haven't really gotten to model 3 production ramp. solar roof contributing revenue just yet. this is a quarter that the smaller than expected loss is a good thing, smaller than expected cash burn is a good thing, but there is a lot of heavy lifting to do until model 3 generates cash flow for the company. emily: talk about the heavy lifting, elon has talked about going through production hell in order to make this happen. what do you think that means for investo

what impact will a partial strike have on the car company? ked analystjames strike have on the car company? earlier i asked analyst james rooney in seoul. unfortunately there never isa in seoul. unfortunately there never is a good time for companies to experience strikes. for hyundai, this is one of the rights of summer. for the past 30 years or so they have had this midsummer strike around wage negotiations and almost it would seem like a shame if it wasn't happening. however, it's not a good time for them to be demanding significant wage increases. were talking about the order of 7% here, very significant relevant to how inflation is today. surely this will have an impact on the bottom line of hyundai going forward and the new president of south korea, james comey has been focusing onjob creation and wage increases. will this have an impact on negotiations? i think the political environment with the new leadership certainly is more favourable towards management, and for various reasons, i'm sure we are all aware of, the leadership are under

the impact it has had, the scale it has reached. every companysons it learns in that kind of historic run. it is the fastest growing company in history, and that those speeds you will reach some friction, and they have taken it seriously, and i think it is one of the greatest opportunities for an incredible leader and ceo to come in and lead a company at the forefront of where transportation solutions are going. emily: on to yet another turn in the uber-waymo courtroom battle, the ridesharing company as asked a judge for larry page to submit an additional two hours of questioning. uber claims the executive was ill-prepared. you will remember that alphabet's autonomous car unit, waymo, sued uber this year, claiming that anthony levandowski stole trade secrets and patents. waymo had no immediate comment on the filing. coming up, we speak with airbnb's global head of trust and risk management on what the company is doing to garner public trust. this is bloomberg. ♪ emily: facebook with new numbers on instagram. the company says its young users spend

what is one similarity or difference of the companies with pretty unique coo's? > superficially there's a lot of similarities. steve jobs prided himself in breaking the rules large and small, not so large as uber, but that was a part of this persona. and a rotating this morning that travis told me once i said how do you like running a big company and he said i like to think of it in small pieces. he said i like to think apple is the largest startup in the wor world. you'd hear stories of people being screamed at and others being treated horribly. but that isn't against the rules was against the law screaming at people because you think they suck so that's where the comparisons and. >> i am talking about what to say in an aspirational tone. >> i should preface this by saying that -- i would love to know from the both of you what you think is the sort of realistic and practical future of uber given a lot of the shortcomings we've talked about tonight on the leadership management and culture. >> i think i've take that back. you have a company i'm going to give you th

the started the company to you one step behind. company to really not use retrospective data, but to take the data in real—time and shape the predictions and say this is what we expect to happen in three months or six months. what your predictions provide for quite a few of your clients is not just provide for quite a few of your clients is notjust information about what somebody might buy next, ie the next handbag, it's, they use this data to decide where the next store be or where they should expand? we have done everything from telling a company that they have under served markets in america. so we found six, served under served markets that like your product, but don't have it. where should be the next store be? where should the next event be? where does this data come from. we talk about social media, is it as simple as that person says this person says they want to buy a bag in paris. we take all the context that somebody puts out in the world and it is all public data. so we take the information and put it in this data engine

people who were betting against the companies. en they delivered upside surprises, the shorts got squeezed hence the big pops but even now all four stocks is enormous, particularly in abercrombie. any of these worth owning? i have a problem with american eagle, abercrombie, they have too many fickle buyers teens are the worst customers. if you own any of them, you're getting a chance to sell on the strength signet, though, that's another story. it intrigues me. the company had been maked by credit quality issues. they provided financing, a lot of people thought that it was just a lending company it had a ceo that had some misgivings about but last month the company brought in a new ceo who has 30 years experience i think he's legit i think she could come on "mad money" and talk about the revival of the company not every stock that rockets higher is tied to a company that is thriving. some of them simply dead better than feared or didn't die. abercrombie and american eagle didn't die signet of the four, it's one i might consider own

company. did you ever, in your wildest imagination, think it would become the leading company in the telecommunications brian: we had about $20 million in revenues that year, and my father, when asked that question for many, many years later would say, "of course." and the reality is, of course no way did either of us dream we would be lucky to be comcast nbc universal, sitting here with the kind of wonderful products and company we have. and i pinch myself every day. david: did you ever say to your father, i don't want to join the company, i might do something else? what propelled you to want to join this company? brian: well, i thought about that. i just always wanted to work for my dad. he used to be in the men's belt and suspenders business way back before he started comcast, men's cologne. we used to play with the cologne growing up as kids, and he would have a passion about it. he just made it seem fun for me. he never pushed to me, even a little bit, to want to work for the company. david: what was your father's background? brian: well, he got out of the navy. he was living in philadelphia. he m

>> their two main reasons why companies use it. theo access 26,000 members looking to invest in great companies. the other reason is to use it as a tool to raise money for people they know. knews case, it happened he millions of people, his customer base. it smashed our records. approximately 40,000 of resolut customers preregistered and express interest to invest. only 3.8 million was available. access forrity premium customers and randomized from the remaining. they ended up with 4500 people investing $89. a huge -- $8 million. a huge success. we are seeing the same appetite from europe. caroline: why not an initial point offering? coinoint offering -- o offering? >> too cool for us. there would be regulators. the majority of our users -- maybe the next funding will be. caroline: tom, what is iseresting about seedrs after you have cashed in on a startup, unlike vc's where you have to wait for them to exit, you can trade on the secondary market. , i couldat resolut start to access some of the money? >> i will let him respond whether h

the power company and jay z took out a $52 million mortgage, 52 million. before you try to calculate the monthly payment, robert frank has run the numbers for you. >> reporter: jay z and beyonce became the latest record breakers in the exploding l.a. market. they paid $88 million for a newly built ultra modern home in the bel air neighborhood. that's the most expensive sale of the year in l.a. the couple's new digs total 30,000 square feet, six buildings, spa, staff quarters, basketball court, four swimming pools and bullet proof windows and doors. the power company has been trying to buy in the city but with prices soaring in the high end they were repeatedly out bid. they first made a run at this house in beverly hills in 2014. before they had a deal the founder of minecraft stepped in and offered $70 million and he got the house. then last year they were outbid by designer tom ford on a $50 million home. sources tell me they toured a $250 million home and lots of other properties this year. they couldn't agree on price even though they're paying $88 mill

companies. they are making as much tv is the biggest media companies out there. ver the world. apple and facebook are still dipping their toes. emily: hulu just had its first hit, "the handmaid's tale." does the fact that amazon and netflix are so far ahead mean that nobody else stands a chance? bob: the content creation business is tough. there are decades of history about how difficult it is to make that successful. it is a hard skill to acquire. clearly you are seeing a lot of efforts, the tech industry marrying up with hollywood and bali would -- bollywood, other places trying to come up with original content. the notion of all of the content being given to netflix, licensed to netflix to use, that may go away. so they have to be prepared if they want to survive as a media company long-term. and we have to start thinking of them like that. emily: lucas shaw and bob o'donnell there. that does it for this edition of the "best of bloomberg technology." we will bring you all the latest in tech throughout the week. tune in each day. all episodes of bloomberg are no

no, i picked the wrong insurance company. liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. >>> there's always a bull market somewhere. i promise to find it just for you right here on "mad money." i'm jim cramer, and i'll see you tomorrow >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ whee! whee! my name is david mealy, and this is my wife dominique. "nique" for short. look at me! we live in tampa, florida, with our son austin, and we are expecting our little girl caroline in about two weeks. nique and i have been married for five years. i met her my very first weekend here in florida. i landed a job with actually two of the larges

no, i picked the wrong insurance company. iberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. chances are, the last time yoyou got robbed.an, i know-- i got a loan 20 years ago, and i got robbed. that's why i started lendingtree-- the only place you can compare up to 5 real offers side by side, for free. it's like shopping for hotels online, but our average customer can save twenty thousand dollars. at lendingtree, you know you're getting the best deal. so take the power back and come to lendingtree.com, because at lendingtree when banks compete, you win. >>> final frtrade. >> smoke it if you got them. i think it's time to see it settled. >> karen >> i would actually be a seller of disney. >> seller of -- i think apple sets up for long holders to sell calls against it take a little premium. >> i