tim ultimately looked up at us and the car salesman guy who was tim permentor had left the room. >> whateyes and face? >> the first thing was satan walked into the room. >> coming up -- >> i knew i was innocent. >> was he? >> juries like to see forensics. dna and the blood simples. they didn't have it. >> that was the biggest concern for me. >> the trial and the verdict. when "dateline" continues. ♪ protect your pet with the #1 name in flea and tick protection. frontline plus. trusted by vets for nearly 20 years. wouldnship shapeice if there was a place that kept you... frontline plus. soothed comfortable restocked ...and safe? well, there is, and always has been. walgreens. everyone's place, for healthy and safe. you can adjust youriggest sacomfort on both sides...eep your sleep number setting.. can it help me fall asleep faster? yes, by gently warming your feet but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with mom? you got this. so you can really promise be

how about a little tim mcgraw?ws >>> good morning to you. 8:26. i'm marcus washington. our breaking news surrounding out-of-control fires burning across the bay area. five deaths now being tied to the lnu complex fire burning in the north bay. authorities say the bodies of three people were found yesterday in napa county. another person was found in soleano county. the number of structures destroyed now in the hundreds. people in morgan hill and gilroy are being warned they have to evacuate if the scu complex fire keeps advancing into the south bay. the fires now threatening 20,000 structures. and students at uc santa cruz have been told to evacuate from the czu compleex fire. firefighters there this morning saying that fire likely destroying hundreds of homes but the official number is now at 50 structures. let's get a look at the forecast for you. meteorologist kari hall looking at the temperatures we'll experience. still a warm one out there for us. >> yeah, we do still have hot temperatures for the inland areas

tim scott came across as just who he is.a person who got raised in a family that cared about certain values, said he didn't, was not always on a straight line up. talked about failing out of school. focusing on the wrong things. but that he came back and built himself up to be a united states senator from south carolina. that's the kind of hopeful thing you want to hear in this campaign along with those principals that he talked about that he thinks president trump will stand for and joe biden won't. so, i think he was by far. it was a great way to end the night. you want to end strong and ended strong with tim scott. some of the earlier stuff, i could have done without. >> rahm, this is a moment that you agree with the governor? >> do we have to do it on tv? >> yes! yes! >> tim scott stood out because everyone else was carnage and rant and rage, and it was all base talk and that's all it did. tim scott tried to make the party go beyond the base to a more expansive note. and it stood out and it was a great speech, but everyt

i think tim scott, senator tim scott, he was very effective in telling his personal story, his story of his family. nikki haley the former u.s. ambassador to the u.n., he was also effective in telling her personal story, the daughter of immigrants from india who came to south carolina with not much, and all of a sudden one day she winds up the governor of south carolina and later the ambassador to the united nations. she told a powerful story, both scott and nikki haley trying to show some diversity in the republican party. at the same time a lot of the other speakers were simply not that effective. but those two i think made some strong points. >> there was a moment in the 2016 campaign when scott and nikki haley both endorsed marco rubio there was a photograph and thinking this is a very different republican party we have grown up with. diverse and certainly acknowledging some of the past sins of the united states. and paving a conservative way forward, obviously, marco rubio did not win. and nikki haley and tim scott has had to negotiate their way through the trump era. and the aw

that seemed funny to tim scott. this was a guy who tried to reach across the aisle and pass police reform. put up a bill that had a lot of priorities the democrats wanted to get done and they literally told him we are not going to negotiate. we have all these problems with your criminal justice reform. he said we will offer as many abdomens as you want and i will -- amendments as you want and i will support the amendments and they said no. because the democrats don't care about police reform. they wanted the issue going into the campaign rather than getting something done on a bipartisan basis where they have to share credit with donald trump and the republicans. i think tim scott -- they called him a token. nancy pelosi actually said tim scott participated in the murder -- was guilty of the murder of george floyd. jonathan: marc, unless you can cite to me the actual notation of where speaker pelosi said that, i really wish you would not go down that route. marc: i have written about it in my column. it was fact che

tim scott's speech was incredible.ed about how he is not into victimhood status in his life shows that. what i loved what he had to say, he gave thanks and gratitude to the american people and the progress they've made into the reason why i was able to be a congressman and ultimately senators because american voters charged me about my character and not by the color of my skin. at a time when seems like people are asking to do the opposite of that, to see his success in families story and the creditors family for writing him and pointing him in the right direction is an american success story. >> dana: speaking of family, i talked to trey gowdy. he and tim scott are best friends. i thought it was funny that come about failing civics, trey gowdy told me tim scott's mother still does not think that's funny. i thought of your mom. >> jesse: i do not feel civic civics. trey gowdy's best friends with senator scott? aren't they too old to be best friends? that's a little strange. i will let it pass. the president is aggressi

we'll hear from tim scott right here. >> martha: senator tim scott. >> to all of you tuning in and participatingthe political process, god bless you. this isn't how i pictured tonight. our country is experiencing something none of us envisioned. from a global pandemic to the deaths of george floyd and breonna taylor. 2020 has tested our nation in ways we haven't seen for decades. regardless of the challenges presented to us, every four years, americans come together to vote. to share stories of what makes our nation strong and the lessons we have learned that can strengthen it for further generations. because while this election is between donald trump and joe biden, it's not solely ant donald trump and joe biden. its about the promise of america. it's about you and me. our challenges and heart breaks, hopes and dreams. it's about how we respond when tackling critical issues like police reform. when democrats call our work a token effort and walked out of the room during negotiations because they wanted the issue more than they want a solution. do we want a society that breeds success or culture

and tim scott. throughout the week i will be joined by our contribute ares and analysts, cbs news senior political an liss and 06 mince correspondent john dickerson, cbs news contributor maria elena salinas, president trump's first chief of staff and rnc chierm reince preebus and for hillary clinton's clinton's 2016 campaign joel payne, welcome to all of you, so good to you have, let me start with you, john, president trump will appear any minute now, we will take that, and he will appear every night as will a member of his family, is the party of lincoln now the party of trump? >> you won't be able to forget that this is donald trump's party it is almost like one of his buildings with his name on it, and it is not just because will be there every night, is he in everybody's mouth, this is not about the republican party t is about the party of donald trump. in our most recent poll almost 60% of voters identified as trump voters before they identified as republican. and the feel of the night so far a

tim, what else might this reveal about the inner workings of these two bodies?at — i think what jason has said is right, i think the examination body probably was sending warnings and information to gavin williamson, the education secretary, a long time before he probably is ready to admit that he had those warnings. but i think the dangerfor gavin had those warnings. but i think the danger for gavin williamson now is he can't afford to be undermined any further. his opinion poll ratings are already dreadful. and yet the drama in our schools and education systems really only will continue. we have a huge decision about him reopening of schools, with many people still worried. unions, teachers and parents are worried about whether those schools are safe. to go into that period where the education secretary is so little trusted by such a large section of the population is dangerous for the government and dangerous for our schools. so they certainly won't be wanting any more erosion of his authority. let's talk about schools authority. let's talk about schools a bi

tim?think a lot of the executives in retail have actually learned something or two in the last couple years i think gap'shad some painful lessons and fail add few claed x but growth is happening. i like gap here. >> karen >> i like alibaba. we saw the earnings had a bit of the delayed reaction i like the story the revenue growth is gigantic we're in early innings and it's cheap baba >> bk? >> for me, i think you can buy the gold miners here gdx today it went up with a dollar being stronger. >> steve quick. >> mine is an etf. igv software etf >>> that does it for "fast money" for the week. we're not done "options action" is next >>> coming up at the top of the hour, jim is getting a well-deserved daofy f but we have you covered with summer school with frank and josh >>> happy friday, everybody. it's time now for "options action." i'm brian sullivan we have a great show lined up for you on this friday here is what's on deck >>> don't let this fry your charge controller. carter worthy thinks

mitch mcconnell could bring tim scott's to the floor tomorrow, and according to tim scott -- if you thoughthe democrats were the only ones standing in the way, tim scott does not need the democrats to pass his bill. nancy pelosi could pass a bill in the house, tim scott could bill in the senate, then they can negotiate the terms. that is how a bill becomes a law, how our civics is supposed to proceed. it does not proceed that way because republicans will not allow government to operate and then lie about why it is not operating. if you think that tim scott's bill was a good idea, and you thought it was a good starting point for the discussion about police violence and brutality, please call mitch mcconnell and tell him to bring the bill to the floor. if you brought it to the floor tomorrow it would pass tomorrow. arkansas,y in supporting the president. caller: yes, i sure am. i'm going to stick hind trump all the way. i have not been into politics ever. timeed and stuff, but this i am standing up for trump. he is very forthright. i don't see him as a liar. i think he tells it like it is. he

let's to around the horn tim seymour?one of those stock splits that jim has brought forward would be home depot which i think based on fundamentals would certainly have merit maybe you get a little tailwind from the split. >> dan >> i mentioned draft kings i think it's a buy into september. >> bonawyn, otherwise known as b-ice or maybe breaker, up to you, bonawyn. >> tim makes some great points about the cannabis space i am not well-versed enough to pick a winner. i've been playing it personally through the mj etf. >> guy >> you don't have to curry favor with tim seymour you might want to take a look at nike believe it or not, that's on the verge, i believe, of making all-time high. nke. back to you, melissa lee. >> thanks for watching "fast money. "mad money" with jim cramer starts right now >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad

good for karen and tim, by the way. a lot of people love this name i thought valuation has been a concern. to tim's point about rerating, you think about it, walmart has gone down this avenue in terms of media before with varying degrees of success this makes a lot of sense in terms of shopable ads, interactive commercials, those types of things. everything you saw in the "new york times" article today makes a lot of sense you have to ask yourself what's the right multiple on the $6 of earnings they're going to make next year. i think analysts are going to start to crunch the numbers and you're going to start seeing people with $180-200 price targets on this name, i think to tim's point. kudos to the people who have been steadfast on this name. kudos to walmart, which is absolutely pushing the envelope. it's no longer your grandfath grandfather's walmart. >> do you feel comfortable enough surrounding what that could mean for walmart, to say, you know what, walmart is worth more now >> i get the third party marketplace.

to give senator tim scott with a powerful speech.is personal journey, an american journey from cotton to congress. he really hit some amazing lines with some humor, probably the best speech of the night. >> i would say so. we saw two bright stars one, a woman of indian descent who became the governor of south carolina and then tim scott who just told in extraordinary story about his grandfather however usually school then third grade to pick cotton but lived long enough to see his grandson be member of congress and a member of g the house. tim scott just gently sort of edging him on the lot of issues. very powerful speech. >> he has been there for 47 years, it's about what has he done saying were always striving to be get better, but you don't give into the cancel culture. also saying that things are better than they were in the 1860s and the 1960s, but we still have a lot to do. that was a powerful into this night. >> of course, his presence in his life is himself a message and his discussion as you just mentioned of biden and his r

you have a lot more at bats. >>> time for final trade tim seymour?long and i stay long into earnings a lot of catalyst there. undervalued. >> bonawyn >> i'm doubling down i think what's being overlooked is the exposure to builder flow. >> '. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i just want to make you some money my job is not just to train you but educate and teach you. tweet me @jimcramer. when i tell you that the stock market doesn't

these days tim and faith are staying put at home in nashville, and that's where we found tim, as he andl sunday sitdown to talk about his 16th studio album "here on earth" and much more. ♪ girl, you never know no one like me ♪ >> tim mcgraw should be midway through a cross-country 30-city tour this summer doing what he loves most, lighting up the stage for his legions of fans. ♪ >> there's something magical about the collective experience of hanging out with a crowd and playing music that you can't get anywhere else. for these next two hours, you're not going to be the same people that you are all day long. i guarantee you that guy with a cowboy hat up there jumping around like a chicken on a hot plate is not the same guy that he was is 24/7 as well. >> there is none of that jumping around this year, though, as coronavirus forced mcgraw to cancel his tour. instead, he's performing and promoting his new album "here on earth" from the nashville home he shares with his wife, faith hill. ♪ >> you were supposed to be on tour right now -- >> right. >> -- in support of the new album. instead y

you have a guy, really, he is so terrible, tim ryan. this woman is incredible. you've got to let her win. tim ryan, he told -- >> harris: the president in ohio on the ground is getting ready to talk the economy, going to be signing an executive order as well and while he does his salutations there, we want to have an opportunity to cover something that is so important today, i am bringing in dan linsky, former superintendent and chief of the boston police department because what we're

tim cook navigated that pretty well, right? he sort of leaned in, if you will, to have a business relationship with president trump, because he knew it was better off for the business to be at the table rather than at arm's length many other ceos would have handled it differently, but he's beenage amazing steward. can we finally put to rest the nonsense about tim cook and the lack of innovation and things like that? >> i think clearly -- clearly he's navigated the political waters as well or better than anybo anybody. it's helpful to him he's a major employer in the u.s. and a major employer in china. in terms of, though, his abilities or what he's proven as an operator, no, we can't put aside innovation i have an air pod in my ear. we have the apple watch. those are great, but those aren't enough innovation remember the iphone x, supposed to be the best phone ever. it wasn't. so we can't put that to bed. we also can't put to bed the lack of acquisitions you look at mark zuckerberg, the most mall li mostmaligned ceo. >> i thoug

just to start with senator tim scott who wrapped up the first night of the convention. he gave a very powerful speech on race and given he is the only black republican senator, he is very poised to speak at this and he was the lead behind the police reform bill that the

buffett is backing up those beliefs. >> tim, your take?i think what's really interesting, i don't know if you have to connect his movement in banks and trade in gold but p t barrett this kind of move for mr. buffett is important to understand this is an improving balance sheet. been long time since we talked about minor and said it could be positive cash. they have $1.4 billion in -- $3.6 billion in debt couple years ago. free port max, similar story what we're seeing with the lower dollar but when you look what's going on with part and with gold prices, depending where you want to be, the notes on the street give you scenario analysis if you want to put $2200 price per ounce on gold and throw eight times on part this is 48 to $50 stock. not sure you're supposed to do that here but when you listen to what is going on with gold prices it makes sense. it's a balance sheet play. net free cash flow play. and i think it's independent of bad trade. >> yeah heck of a day if you own bold and bitcoin today's your day go to a restaurant socially dis

david: this is senator tim scott of south carolina.ll of you tuning in and participating in the political process, god bless you. this isn't how i pictured tonight, but our country is experiencing something none of us envisioned. from the global pandemic to the deaths of george floyd and breonna taylor, 2020 has tested our nation in ways we haven't seen for decades. regardless of the challenges presented to us, every four years, americans come together to vote. to share stories of what makes our nation strong and the lessons we have learned that can strengthen it for further generations. because while the selection is between donald trump and joe biden, it is not solely about donald trump and joe biden. it is about the promise of america, it is about you and me, our challenges and heartbreaks, hopes and dreams, about how we respond when tackling critical issues like police reform, when democrats called our work a token effort and walked out of the room during negotiations because they wanted the issue more than they wanted a solution.

the only direct senator tim scott will hit back on issues of race challenging joe biden's record. we're told the former u.n. ambassador will atatack biden o foreign policy. you'll hear from the president's son donald trump junior known for his steering attacks on biden. he's one of many trumps speaking at this convention. we're covering it with our political team including jake tapper, dana bash and abby phillip. what are we learning about the president's role tonight? >> the president will try to put an optimistic spin on his response to the coronavirus pandemic even as the u.s. death toll surpasses 177,000. he's going to appear with health care workers at the white house. republicans know, they need to address the pandemic head on and president trump will appear with americans previously unlawfully detain in former countries who were freed under the trump administration highlighting what the presidencys as a signature accomplishments. the big question is how much his how much of his speech today is what we expect for the rest of the week. >> stay tuned. we'll find out soon. he's

joining us from portland, oregon is tim boyle.olumbia sportswear is one of the biggest out -- outdoor lifestyle footwear companies. our previous guest speaker bought shoes, i went shoe shopping, and guide is not shop so you have two of us. give us where your expectations are now and in the next two months as the extra unemployment benefits where off. tim: we have not given guidance to our investors, there is too much uncertainty. our business is heavily weather dependent. andave a big outerwear winter footwear business not only with the columbia brand. cold, nasty, snowy weather to be good. if we are comparing ourselves to last year, which was quite warm whereope and in the u.s. we have the bulk of our business , if we have good, solid, cold weather, we will have a good year. has aasically the weather bigger impact than the virus? tim: from a historical perspective, we have had what -- much more impact on our business on the weather than the economy. this is obviously uncharted times, and we do not know what will be happening whet

we talk with tim mayopoulos, a former ceo of fannie mae.ne thing that could hurt the bounce back in the economy, became laura. it is set to slam in the gulf coast as a category four storm. we have the latest. plus, a conversation with the dallas mavericks owner about where investing opportunities are. first, a check of the markets. a new record high on the s&p and nasdaq. both climbing. definitely the tech stocks waiting the way. the nasdaq up. you are also seeing a lift to 10 year yield head of a five-year auction that just occurred here. a record $51 billion. coal is getting a lift and this is interesting. you are seeing real yields, the inflation adjusted rates remaining at near a record low of -1%. those very low yields have been one of the drivers of one of this year's biggest surprises which has been how strong the u.s. housing market has remained throughout the recession. for example, numbers jumped to the highest level we have seen since 2006. plus, stocks are reaching all-time highs. many wonder how long this can continue. joining

>> a lot of people heard last night was tim scott's speech. the convention leaned in pretty hard on racial issues. let us listen for a second at what tim scott had to say. [video clip] >> our family went from cotton to congress in one lifetime. that is why i believe the next american century can be better than the last. >> i think we got cut off a little bit. i think it was interesting he said the next century would be better than the last. talk about the president's relationship with black people and people of color. he has been criticized for stoking tensions. why lean in so hard on this issue?

tim: i think that you are right, that is the heart of it. the postmaster general was asked directly during the hearing if he ever spoke with president trump aboutth the mail, or slowing down service, or any of these issues in play right now. i will remind you he was under oath, and he said he never did. he said the only thing he spoke to donald trump about was a congratulations it when he received the job, and he said it thatn outrageous claim" anybody would think he was doing anything to slow the mail down. so those statements can be road tested. there's a probing on all of his actions right now, and there will be a house hearing on monday that will follow up with a lot of this. greg: thank you, tim. timothy o'brien there. coming up, fighting in a pandemic. the professional fighters league looking forward to the next season after suspending this year. we will talk with the president and chairman, donn davis. this is bloomberg. ♪ talk mixed martial arts. the professional fighters league canceling their 2020 season over concerns on the pandem

. >> that is what i said at any rate, it is a pretty -- and kudos to tim and karen they've been talking about the transportations for a while in terms of the stocks, look at the move in caterpillar today, a few weeks ago you played trade it or fade it with karen and boeing was 195 and she correctly said to fade it and we talk about how it would trade down to 160 or so and it overshot down at 154. but look at it today, approaching 180. so i think this is a healthy thing. i think those nasdaq names had a cooloff. and the fact that these industrials deep cyclicals and even the banchs amanks are star move, it is encouraging. >> and karen, you said that the risk to the market of finding a vaccine sooner and it is that risk that would actually make this rotation even stronger. >> right well, we've seen this happen a couple of times and it is sort of false starts. but we're starting to see data that, while it is not good, in terms of florida and texas and california, it is better so the rate of change is improving. so that is something i think the market wants to sort of grab on to that and th

tim: it is difficult, yeah.thinking about this has been, and we last published on disney about six weeks ago heading into this quarter, but our thinking has been a return to attendance with parks reopening and capacity ceilings get a lifted and getting back to more more normalized park attendance in the next year, that seems much more at risk right now with parks re-closing. capacity numbers are remitting low at the parks that are open -- remaining low at the parks that are open. i justlike florida, think it will take a long time to get back to normal. how long will people give disney the benefit of the doubt? i don't know. if they say on the call double take longer than expected to open and we can look for losses in the next year or whatever they might say, that is certainly a possible downer. just in terms of how well-capitalized the business foreseenve a complete shutdown of this business. how long before they open? tim: i don't know how many quarters they can go. they did some refinancing early on in april.

given the history tim scott has had personally, i thought they did a good job of that tonight. >> timoran, the final word. >> i was not impressed but they have three more days to show they understand america and that they care about the millions of least who are jobless, at a couple 100,000 that will lose their lives because of inadequate leadership when dealing with the pandemic. i think people want someone who can relate to them. i did not see that tonight. create aattempt to different world, one that is not real. are not going to be invaded by socialists or rioters. we need to come together and that should be the message of this convention, as the democratic one. i do not think that was the message, that we all need to come together to find things in common and together we can make this an even greater country. that was not the message we heard tonight and i think republican party is not understanding that. democrat, joining us from virginia and tom davis from vienna, virginia. thank you for or listen to the c-span radio app. your unfiltered view of politics. morning, the hill news

tim seymour, you've been an owner of disney. the emphasis is on the streaming business that's one of the major reasons the stock reversed. >> i think there's mixed views on this. our friend tom rogers is going to come on in a second i think dtc is an incredible opportunity for disney if you think about where they have the ability to bring some of these studio releases straight in, the mulan delay it's all great news. they haven't even rolled out in europe yet that's september 15th. l latin america comes later on in the year we know parks are 40% of the business we know that's going to come back i don't know when. and it has been slower to question disney on this, i think is to be looking at the wrong thing. the fact that they were able to be a little bit more efficient on the margin, that they could eke out more profitable than expected i think is good news. it's all about disney plus look around the world. look at netflix. what's the multiple you put on that. >> should it all be about disney plus parks are about 40% of the busi

for example, the rnc gave a major speak slot to tim scott.e's the party's only black member of congress in either house. as well as an address by kimberly guilfoyle where she introduced hfl as a proud latina and a proud american. and a spot for nikki haley one of the only minority women to serve in a top post inside the administration. we have a lot lined up four as our live coverage continues. i'm joined right now by erin haines, editor at lafrnlg of the nine tooengt and an msnbc contributor and francesca chambers, white house correspondent for mcclatchy. good evening to both of you. >> thanks, ari. >> good evening, ari. >> good evening. thank you. erin, we saw that diversity which political experts, frequent news viewers will know is not necessarily matched by the rank and file of the party itself. but more casual viewers may not know that. i'm curious what you thought of the faces, the opening emphasis tonight. >> yeah, ari. i think that the optics were certainly there in, you know, the president trying to show that he has a range of suppo

i agree with tim, the i the i t i agree with tim, the i im, i d that you abandon the trade, and the rates here. the only part that is not setting up perfectly well is potential unemployment which is obviously peaking a ton, but for the white collar workers or for those who have jobs, we will continue to see great home building numbers. >> one of the builders reports earnings after the close, and some are saying that it could break out to highest levels of the year, and mike khouw has the action. >> yes, talking about toll brothers who is going to be reporting earnings at more than four times the average daily call volume, and right now, it is implying 7.8%, and at the end of the week that is more than 6.1% it has averaged over the last eight quarters and the september calls about 40% of those traded for a quarter of the calls who are betting the earnings news, and following that everything in the september news expiration, and the stocks will be higher in the next four weeks or so. >> thank you, mikement for more on that action, tune into the full show. if you are just joining us, we have

tim comments on it last night and tim knows this space a lot better than i do it's a huge deal to have exxon removed. it sends huge signals to the market saying basically energy is not nearly as important as it used to be and the economy is changing what i find fascinating is we became energy independent probably at just the wrong time in terms of what's going on in the world. that's not a political statement. that's just fact there's no compelling reason to own these names. if you want to own one, maybe chevron is it, but i still think exxon, although i don't think it's going to trade down to that $30 level we saw in march, i think it gets down to $36.50-37. >> 2.5% energy of the s&p 500 ten years ago, it was 11% of the index. the amount of wall street research on this has gone to lows here, tim is that a signal perhaps this is deep value >> deep value is tough never buy commodities when they're cheap. buy them when they're expensive. exxon has underperformed the s&p by 68% in the last year. this is not a new phenomenon it's dramatic. this is essentially the primary descendant from jd

next, tim.: i'm guessing you bought you one of these before your long two-week vacation you just had, charles. charles: i thought it was a month but anyway, yes. tim: it's a mask that you can wear and then it has a sipping little opening so you don't have to mask -- take your mask off when you sim water or coach or whatever. so you're safe and you can still enjoy the fluids you're drinking. harvey: how do you get a chicken breast in there? tim: it's not for eating, it's for drinking. this is not going good. [laughter] charles: wow, your power of perception is really good, tim. tim: have you guys had any close calls before? check out this close call. this guy was riding a scooter and crossing the street and a car actually hits him perfectlyt like gets on the scooter and goes back to town. harvey: you did that to give me ptsd, didn't you? charles: hey, there was no car involved in your accident. harvey: that's true. thank you very much, tim. that was entertaining. taking a break. charles: when we

guy adami, tim seymour, karen finerman we'll dive into the numbers. plus, how the big battle over tiktok could come into play during the next round of trade talks with china later we are continuing our weeklong series on the cannabis craze truly blazing higher today on earnings. >>> we start off with record high the s&p 500 six points shy from its previous record high close on february 19th february 19th, that seems like so long ago. what a different world that was back then. we want to fire up the "fast money" time machine for a trip back there to february 19th. look at that, our traders there on set all together at the nasdaq market site that was fun you might be thinking to yours this is some old-timey footage of people dining together at a restaurant that was february 19th they're all sitting inside a restaurant can you imagine that they can out the theater goers waiting to see a broadway show while we're at it, there was also an nbc news democratic debate in nevada that night. take a look at that. hi, bloomberg, hey mayor pete. they're hugging, s

tim seymour, is this a concern that the markets are just looking past a little bit too much i mean, we didn't think that we would get here with -- well, maybe we did with bytedance and tiktok, but maybe we're not taking seriously enough the possible retaliatory measures china could take against u.s. companies which could really be -- i don't want to say devastating but it could impact valuations for sure. >> if you think about the companies that we'd be thinking about here that have the most exposure to china, it's really apple, as guy pointed out, but i'm not so sure that the valuations of google and facebook really reflect a significant amount of china. so, you know, i'm not terribly concerned about that i think the bluster and the focus on china and the common enemy and the things that, first of all, make a ton of sense, and i think are fair, but that also the -- the dynamic of just the political salvo that's attached to this, i think that's what it is again, i think it's a case where if anybody -- microsoft benefits from this. and the stress around this and by working with the whit

acknowledgement of the difficulty, tim.ather than saying -- >> absolutely also, hallie -- >> thousands of deaths a day, that's what i'm asking about. >> the president addresses the country virtually every day in a coronavirus briefing that is televised on most cable networks, not sure if msnbc carries it all the time. the president speaks to the american people about the coronavirus crisis on almost a daily basis. giving them the information, the updates, the progress the government is make on fighting the coronavirus krocrisis. for anyone to suggest the president doesn't communicate with the american people about coronavirus is off base. the president does that routinely, a number of times each and every week, in or outside of the convention. that's just a fact. >> let me ask you about something else that some of the president's critics are raising here, which are the -- these issues of blurred lines, basically, the president using white house grounds for that naturalization ceremony, for the rose garden speech for the fir

and i look at apple today as a real tribute to tim cook's strengths as an executive. and when i hear the complaints, and we talked a lot about the term innovation, which i think is widely misapplied in the context of technology, that apple the ways it has innovated but on business model, on distribution and things like that to me the great challenge that tim cook faces today is that the environment is changing underneath them. as it is for all technology companies. that all of a sudden we no longer can count on global markets being opened smooth everywhere around the world. and we have to be attentive to the probability that there will be regulations that there will be pushback of various kinds and then the market is simply, you know, i think right now not fully connected to the economy and there may be prices to pay there. and those, i think -- i agree with gene. i don't think apple's issues right now are within its control. almost all of them are external to the company >> so, gene, i want to ask you about the china risk here, of course, because you identified a lot

maria: [laughter] >> tim's being a little kind there because tim is no better example of the party of lincoln. of why he is a republican but we're going to talk a little bit about what president trump promised before he became president, because he kept those promises building that economy, securing our border. remember those chaos that we had down at the border the caravans and others about rebuilding our military? he's been able to do that as well or what about criminal justice reform? this president has kept every single promise he made but how do we make tomorrow better than today? so we're going to be celebrating america, the difference is not going to be cynical like the democrats. we're excited about our convention. you know why? because we know america is exceptional, and we're going to have people on the stage that understand america's exceptional , understand america 's one nation undergod, understand that everybody this nation is conceived in liberty and dedicated that everyone is equal and with that, you will harness the ability to every generation before us to improve lik

now senator tim scott, the republican from south carolina. ♪ >> good evening i am senator tim scott fromreat state of south carolina. to all of you tuning an invalid participating in the political process, god bless you. this wasn't how i pictured tonight, but our country is experiencing something none of us envisioned. from the global pandemic to the deaths of george floyd and breonna taylor. regardless of the challenges presented to us, every four years, americans come together to vote. to share stories of what makes our nation strong, and the lessons we have learned that can strengthen it for further generations. because while this election is between donald trump and joe biden, it is not solely about donald trump and joe biden. it is about the promise of america. it's about you and me, our challenges and heartbreaks, hopes and dreams great it's about how we respond when tackling critical issues like police reform. when democrats called our work at token efforts and walked out of the room during negotiations because they wanted the issue more than they wanted a solution. do we want a

tim has one. tim? >> brian, long time listener, first-time watcher just kidding i think you have a case here where the cloud story for microsoft continues to be a very, very strong one. i'm very concerned about the intense competition. it's not just amazon or google maybe coming from good old ibm, which is hard to believe how do you feel about the competitive landscape and the profile on margins >> if there's any knock against it, it would be the competitive landscape. we saw there is some competition coming in where the pie may be only this big. my view is the pie is actually growing and going to continue to grow therefore microsoft is going to be able to navigate that and they're probably going to be best in class in that area. >> time to vote. are you buying bk's pitch on microsoft? go around the horn guy, what do you say >> can you see that, mel does that come up on your screen >> it's a picture. >> do you know who that is >> that's a picture of beaks from trading places. i am so with that beak and

but tim, i wanted to ask you, i just can't figure out what's the calculus of the nikki haleys, the timtts, who don't really give the kind of kimberly guilfoyle barn busting speech but somewhat defense of trumpism and speeches designed to benefit their political futures. but how does being at the cult of trump actually -- why is that the calculation that these politicians are making right now? >> well, look, i think for many of them they feel as though there's no choice, right. if you -- especially in the context of a convention and make no mistake, this is not a convention to project a great, coherent vision for the country. this is not a convention to make the arguments for donald trump's, you know, grand plan for governing america. this is pure and simple the trump show. there's a reason that, again, you go through the speaking lineup last night, you listen to some of the rhetorical through lines. there is one viewer sitting in the auditorium offering feedback on these things and it's the president himself. i think, obviously, if you're going to speak at this convention, you had bett

and as a counterattack. >> tim, let me bring you in.toria is saying, take it off, or as taylor swift might say, shake it off. aoc was already punching back on the kasich pick. your response? >> look, i reject this notion that there's a huge cadre of voters on the left off of twitter.com who will not vote for joe biden because john kasich got to talk for a few minutes. bernie sanders talked right next to john kasich. he's been a team player. he gave a very clear argument for how important this election is. and why his voters need to vote for joe biden. this is an additive thing. when you look at the democratic primary in 2020, there was a huge turnout boost in the suburbs, in dallas, in d.c., a massive turnout of independent women and former republicans. rewe hear from them. this is an additive deal, i think bernie gets it, and i wouldn't worry about alienating a few people on twitter. >> you are an optimist. >> he's working to rallies republicans against trump. >> we had victoria twice in the hour, tim once, but both are invited back. w

and senator tim scott make the case for why there should be a trump second term. live from new york city and across the country, the republican national convention. now reporting, chief anchor george stephanopoulos. >> good evening and welcome to our special coverage of the republican national convention. coming off the democrats virtual convention last week, it's the gop's turn to take the stage and they are coming from behind. joe biden holds a stable lead nationwide and in those key battleground states. it's been that way for weeks. the big question for the president and his party, can they shake up the race in these four nights of prime time, cast a new light on trump, raise new doubts about biden? one thing is clear, the president will do it his way, appearing day and night all through the convention. he's given three speeches already today, the first after the roll call of states in charlotte, officially making him the nominee. >> michigan, the great lake state, is going to cast all 73 votes for president donald j. trump. >> florida's 122 delegate votes to t

i think fcx is just getting started. >> tim seymour >> when i speak, i listen.nk uber is a buy here i think post mates is an important acquisition for them and i think the upside is here >> karen finerman? >> facebook. i agree with tim i don't think it's priced in for big success with reels mcdonald's is bigger but burger king is older and white kastle is even older than that. you don't need to be first i like facebook. >> i'm going to go with tim's trade here looks like this thing wants to retake 50. that ♪ >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramer america. my job is not just to entertain but to educate, teach. so call me at 1-800-743-cnbc or tweet me @jimcramer. i always like to have a list of touchstone stocks that can shine a light on where

chuck todd, thanks very much. >>> up next, senator tim scott. speech of the prime time hour. >> let's listen to senator scott-of-scott of south carolina as he take the podium. >> good evening. i'm senator tim scott from the great state of south carolina. to all of you tuning in and participating in the political process, god bless you. this isn't how i pictured tonight. but our country is experiencing something none of us envisioned. from the global pandemic to the deaths of george floyd and breana taylor, 2020 has tested our nation in ways we haven't seen for decades. but regardless of the challenges presented to us, every four years, americans come together to vote, to share stories of what makes our nation strong, and the lessons we have learned can strengthen it for further generations. because who ill this election is between donald trump and joe biden, it is not solely about donald trump and joe biden. it's about the promise of america. it's about you and me, our challenges and heart breaks, hopes and dreams. it's about how we respond when

south carolina senator tim scott.calise and jim jordan all making the case that this election is a choice on the economy and security and the former u.s. ambassador to the u.n., nikki haley raising the issue of race. >> the american people know we can do better. and, of course, we value and respect every black life. the black coming who have been shot in the line of duty, they matter. the black small business owners who have watched their life's work go up in flames. they matter. the black kids who have been gunned down on the play ground, their lives matter, too. and their lives are being ruined and stolen by the violence on our streets. it doesn't have to be like this. griff: meanwhile joe biden stealing a page from the trump playbook punching back in retime going on a tweet storm writing the only person responsible for our failed covid response is donald trump. following up with the president saying it didn't have to be this bad with a grab. we will hear from the first lady mump. we will hear from secretary of stat