in fact they set up a helpline to help their employees, besides, tim cook tweeted about his sadness we also heard from amazon and twitter they expressed their sadness and support on twitter. back to you. >> thank you. >> stay with ktvu on the latest, we will have the latest for you on our newscast and also online, ktvu.com. >>> a new proposal at the state capital. changing the rules when it comes to police use of lethal force. >> it should only be used when it is absolutely necessary. >>> we are tracking the next round of rain will we get close to the week and we have rain in the forecast. >>> more fears of a trade war. that story coming up. >>> we are following breaking news, a marine corps helicopter has crashed at the mexico border all four crewmembers died. the military says that the crash happened while they were on a routine training mission 20 miles north of the border, the cause of the crashes under investigation. >>> state lawmakers are proposing a new bill, it would change the protocol for police officers when deciding whether to use deadly force. right now, current law says

we are doing everything we can to support them and their families at this time, tim cook tweeted fromwe sin our sympathy and support to the team at youtube and google especially the victims and their families. >> it is a sad tragic reality perko >> reporter: he says that gun violence is a public health problem where no one is immune. >> now that it has happened at youtube, if i was a tech worker, google, apple or any of these companies i would say, could this happen to me it could it happened in my company? and the answer is, yes, it can. >> it hits home in a hard way for tech people. silicon valley has been perceived as being say. >> reporter: he cannot recall the last time a mass shooting happened on a tech campus but it serves as a wake-up call. >> you can believe that companies are making new plans for how to deal with these kinds of issues.>> reporter: besides apples ceo, tim cook, the twitter co provided support. and they are providing helpline for the employees. >> stay with ktvu with the continuing coverage on the youtube headquarters shooting. we will have the latest coming u

tim cook tweeting -- emily: jack dorsey tweeted -- emily: i spoke with mark bergen the day after theing to talk about the larger implications. they say she was upset at youtube's policies, and we have seen from some of her videos that were taken down yesterday, her website, she was a strong vegan rights activist. she posted a lot of videos about animal rights, some of them looked like protest images of animals being poor -- being tortured. youtube creators have been seeing less and less ad inventory, some claim youtube is earning their livelihoods. that is the point she has made. it is an extreme example and it seems like this response was probably driven by mental health issues. emily: what about how google and youtube are responding to this, given that she got into a private patio at you to pay quarters, which presumably somebody with a gun shouldn't have been able to get inside? mark: we don't know if they're changing their policy. it's likely they will. companies like youtube, google, are structured like college campuses. they were meant to have this open and free environment. th

this one here, apple ceo tim cook tweeted, from everyone at apple, we send our sympathy and support toutube and google, especially the victims and their families. >>> march for our lives said our hearts are with you, youtube. adding we need to stop this. >> senator dianne feinstein posted a common sentiment, my stock stomach sinks with yet another active shooter alert. i'm praying for the safety of everyone at youtube headquarters. and nancy pelosi tweeted, thank you to our heroic first responders, our bay area community and all american communities deserve real action to end gun violence. as you know, many student survivors from the parkland school shooting have criticized politicians for offering thoughts and prayers after a situation but little else, so you can see the politicians from the bay area are going a little farther in their statements today. >>> a little background, youtube was founded in 2005 by chad hurley and steve chatten. >> it was located in san mateo above a pizza restaurant. google then bought the company in 2006 when it only had 65 employees. >> the current san br

tim cook tweeting, "from everyone at apple, we send our sympathy and support for the team at google,specially the victims and their families." twitter ceo jack dorsey tweeted, we will cover what we know about the shooting, as well as the larger implications later this hour. coming up, spotify shares now dipping after tuesday's new york stock exchange debut. we talked to a key early investor in the music streaming company next. this is bloomberg. ♪ emily: sony stands to reap almost $1 billion from its stake in spotify. the amount reflects the stock sale on tuesday and the value of sony's remaining stake after spotify's listing. sony operates the world's second-largest record label and largest music publisher. sticking with spotify shares, sliding after a day after it went public in a direct listing on the new york stock exchange. the music service -- streaming service kicked off trading with the share price just under $166. spotify has more than 70 million subscribers, valued at $28.7 billion now. i want to bring in bloomberg's caroline hyde, who is standing by with an early investor.

others in the tech industry are also offering their -- their thoughts, including apple ceo, tim cook, who tweeted, from everyone at apple, we send our sympathy to the team at youtube and google, especially the victims and their families. >> another day, another shooting. i think that is the sad tragic reality. >> reporter: he is a psychology professor. he says gun violence is a public health problem where no one is immune. >> now that it has happened at youtube, if i was a tech worker at google, apple, oracle or any of these companies that say could this happen to me? could it happened in my company? the answer is probably yes, it can. >> it hits home in a hard way for a lot of tech people. they felt very safe. silicon valley in general has bringing -- has been perceived as safe. >> reporter: he says the shooting now serves as a wake- up call. google and youtube are vowing to help their employees through this tragedy. they have set up a help line to help employees. i am azenith smith, ktvu news. >> the shooter was a woman. women account for less than 5% of the shooters behind mass attacks in publ

tim cook of apple tweeted condolences. it's been reverberating throughout the valley. >> another step under way right now is to help these employees deal with this on an individual level. you know youtube will be bringing in counselors, offering some mental health screening. some assistance, some counseling. clearly there is a huge ordeal to go through for each and every one of these employees. as i said before, you can't help but wonder whether they will walk in those doors tomorrow and see them in a whole different light. you wonder what it will take for them to get past this, move on, erase the violence that's happened at their headquarters that they go to every day, move on and put this in the place it is and to get back to doing what they love to do. >> it will take time. that is for certain. dan, as you know from reporting on these situations, the security at the building will certainly be looked at closely. >> that's a question. that's right. in fact we were talking about this very location that you're looking at li

in a tweet he said he sends his thoughts and prayers to the victims and also we've been hearing recently from some of the other companies in silicon valley. tim cookndolences. also dara crosas sharni, the chief executive of uber, has sent his thoughts and we will hear more from that when it becomes clear about what happened. dave, thanks very much, dave lee, live in san francisco's. —— san francisco. donald trump has been briefed, as dave said, and they are monitoring the situation in san bruno. our correspondent peter bowes is in los angeles. what will the government response be? it comes amid a heated debate on gun control measures in the united states, of course an estimated 1.5 million people actually participated in demonstrationsjust million people actually participated in demonstrations just late last month calling for stricter firearms measures following the deadly school shooting in florida. how might this latest... even though it doesn't have quite the numbers as previous incidents have had in terms of casualties... how might this start to potentially influence government views on gun control measures? tragically this is just another sho

president trump flaunting his new friendships from president macron, tim cook and kanye west. his tweet almost broke the internet today. this is the first time a president from france has addressed a joint session of congress in more and a decade. macron didn't hesitate to take some not so subtle shots at president trump. he urged cooperation with other nations to build a 21st century world order. >> we have to shape our common answer to the global threat we are facing. the only option then is to strengthen our cooperation. we can build the 21st century world order based on a new breed of militarism. the united states is the one high pressure vented this nuclear capability. you are the one now who has to help to preserve and reinvent it. charles: he ended the address with a nod to trump saying there would being a long relationship between the two. joining me tammy bruce and stuart murdoch and ford o'connell. tammy, i have got to tell you something. bromance or not, he took a lot of shots at president trump. he got 30 standing ovations because the democrats were eating it up. tammy: fran

others in the tech industry are also offering their thoughts, including apple's ceo tim cook who tweeted everyone at apple, we send our sympathy to the team at youtube and google, especially the victims and their families. >> you know, another day, another shooting. you know, i think that's -- that's the sad tragic reality. >> reporter: thomas plant is a psychology professor at santa clara university. he says gun violence is a public health problem where no one is immune. >> now that it has happened at youtube, if i was a tech worker at google or apple or oracle or cisco or any of the companies, i would say, geez, could this happen to me and could it happen in my company? and the answer is probably yes, it can. >> it just hits home in a really hard way for a lot of tech people because they felt very safe. i mean, silicon valley in general has been perceived as being safe. >> reporter: tech expert bob o'donnell can't recall the last time a shooting happened on a tech campus. the shooting now serves as a wake-up call. google and youtube are vowing to help their employees through this trage

tweet. we have tim cook in the meantime, the ceo of apple. from everyone at apple we send our sympathy and support to the team at youtube and google, especially the victims and their families. the tech community in silicon valley is a close one. so there's tim cook reacting today to the tragic shooting at youtube this afternoon. >> i would like to bring back our engineer, dick epting. in this day and age we live in an open society. we are allowed to walk into buildings without getting patted down. the youtube employees that we talk ed ed to were reluctant tok about what sort of security is there. from what police are telling us, this gun woman was able to walk in from a patio open fire and some of those shots went from outside the building. my question to you, any idea of what the security is there at the youtube headquarters? do they really embrace that open concept? is this day and age affecting the idea of security at youtube? >> it's my belief that their buildings and their campus are card key access buildings. so they're not open to the

and the president be that tweeting about this in anticipation of his meeting in the oval office. he said looking forward the my meeting with tim cook of apple we will be talking about many things, including how the u.s.

the president, watch for his tweets after that meeting. tim cook said this about china. r a tweet from the president after the meeting. might not get anything from tim cook but might get something from the president. >>> i guess we can call it a bromance between president trump and french president macron. macron is on his way to speak to congress. headlines for you. we're on it. ♪ you know, i used to be good at this. then you turn 40 and everything goes. tell me about it. you know, it's made me think, i'm closer to my retirement days than i am my college days. hm. i'm thinking... will i have enough? should i change something? well, you're asking the right questions. i just want to know, am i gonna be okay? i know people who specialize in "am i going to be okay." i like that. you may need glasses though. yeah. schedule a complimentary goal planning session today with td ameritrade. stuart: illinois a huge pile of debt. they will add to it. selling bond again? ashley: selling bond. trying to raise another 30 billion in debt. they already are $200 billion in pension debt al

others are offering their thoughts including apple tim cook, the apple ceo: he tweeted: >>> you knowi mean that's the sad tragic reality. >> thomas is a psychology professor at santa clara university, gun violence is a public health problem and no one is immune. >> now, it happens at youtube, if i was a tech worker at apple, oracle or ciscoe, i would say could this happen to me, and could it happen in my company? and the answer is yes again. >> it hits home in a hard way for tech people. they felt safe. silicon valley is perceived as being safe. >> bob o'donnell can't remember when the last mass shooting happened at a tech campus. the shooting is serving as a wake up call. google and youtube and others have set up a hotline to help people with the tragedy. >> make sure you stay with us at ktvu and ktvu.com and our social media platform. we'll have continuing coverage of the youtube shooting. we'll carry live the news conference that begins at 9:00 this morning. >>> all right. we're also learning some new information this morning about a police shooting in petaluma, police say the sta

tweeting this. looking forward to meeting with tim cook of apple.e will be talking about many things occluding how the u.s. has been unfairly treated for many years by many countries on trade. this is before a meeting with tim cook. mark: credit suisse is reaping 12 rewards of its pivot management. the swiss bank attracting new assets. we talked with a chief executive. >> we are turning global markets into a machine to support world management. between global markets, we have launched three new products. more than 1000 times. we are finally being able to turn wholesale to the global market to serve a retail market. joined by henry foster. swiss investors have a smile on their face today? >> i think it is not just the investors. think about credit suisse and the perception of the bank over the past three years. ,f we talk about credit suisse does the bank have enough capital to sustain their business? now we're in a position where the business is talking about shared buybacks. he cut costs, he took costs out of the business, he scaled down the volati

tweeting horrible and truly tragic day for youtube. and google, we are wishing all of our best. that extends to jack dorsey. who says i can't imagine what our friends are feeling. tim cook from apple says from everyone at p will we send our sympathy and support to the team. senator diane feinstein tweeting my stomach sinks with yet another active shooter alert. pring for the safety. president trump sounded out. he tweeted our thought and ts o prayers are with everyone involved. nancy pelosi tweeted the situation. she thanks quote our heroic first responders. and many students in the wake of the parkland school shooting saying it is not enough for politicians to tweet offering thoughts and prayers. demanding more action. eric and ama. >> thank you very much. traffic was briefly stopped on 280 today shortly after the shooting. cars at a stand still across all lanes in the road. traffic once again is moving in both directions pretty well. as you can see from this picture from sky 7, cars are getting through. as the police chief said, about an hour and a half earlier, they are going to be working there probably through the night. >> our digital team jumped into action sendi

before the meeting, he tweeted, looking forward to my meeting with tim cook from apple.t many things, including how u.s. has been treated unfairly for many years. editorrg's white house brought us all the details. >> we know the topics were discussed. it was about trade and of course, for apple it's important to have open trade especially with asia and president trump wants more limited fair trade. but the white house and apple haven't told us much about what was said. we know that cook met with the president in the oval office and we know he also met with the president's chief economic advisor, larry kudlow, and he also had a meeting and the office of the u.s. trade representative. clearly very focused on trade. emily: obviously the president decided to pursuit tariffs on chinese goods, which could disproportionately hurt apple given how many of its products are manufactured in china. do you think there is any chance tim cook could influence the president in the opposite direction? >> i think there's a real chance it has some influence on the president, maybe not enough

his priority is reforming trade, tweeting, looking forward to the meeting with tim cook of apple, talkingbout many things like how the u.s. has been treated unfairly for many years by many countries on trade. welcome now bloomberg's apple reporter. thank you for joining us. from tim cook's point of view, how badly could china heard apple if they wanted to? >> i think both sides are looking for a slamdunk here. trump wantsresident to give the input on how apple wants to build iphones and more products in the u.s., talking in apple exporting products china isn't good for the united states and the economy. tim cook us his is obviously that this is the way to do it and how they are able to mass-produce tens of millions of phones per year and just say it is not feasible the u.s. this is happening all in the trade war where tariffs are threatened in the u.s. and the tariffs side. from is speculation analysts and investors how this could ultimately impact apple and i think that will be the crux of the discussion between the two men. 1300 chinese goods that could be affected by u.s. tariffs. how

before the meeting he tweeted, looking forward to my meeting with tim cook from apple.ll talk about many things, including how the u.s. has been treated unfairly on trade. here to tell us what went down, is bloomberg white house editor mike morning. what do we know about the was discussed? mike: we know the topic and what both men think about that. it was about trade. for apple, it is important to have open trade, especially with asia. president trump wants fair trade. but the white house and apple have not told us much about what was said. we know that tim cook met with the president in the oval office, and we know that he also met with the chief economic advisor, and that he also had a meeting in the office of the u.s. trade representative. clearly, very focused on trade. emily: obviously, the president has decided to pursue tariffs on chinese goods, which could disproportionately hurt apple, given how many of their products are manufactured in china. any chance tim cook could influence the president in the opposite direction? mike: i think that there is a real chance

president trump says he is looking forward to meeting with apple's ceo tim cook at the white house later today. in a tweetp said that they will be talking about many things, including how the u.s. has been treated unfairly for many years by many countries on the issue of trade >>> movie director oliver stone criticizing u.s. middle east policy during a news conference in tehran and commented on the ongoing conflict in syria, saying it has continued due to the creative destruction of neo conservatives in america >> it's so clear, it will be so clear in history, and it doesn't matter who's president, whether it's mr. bush, mr. obama or mr. trump, america will break any treaty it has to get what it wants but in this case there is no treaty, we're outlaws, doing something that is outlawed internationally. >>> spanish police found nearly 9 tons of cocaine concealed in a banana shipment from colombia. a european record for the drugs found inside a shipment container. six people were arrested in that particular operation >>> all right. you are up to date that's the news update this hour back to "squawk alley. i

tweeting horrible and truly tragic day for youtube. and google, we are wishing all of our best. that extends to jack dorsey. who says i can't imagine what our friends are feeling. tim cook from apple says from everyone at p will we send our sympathy and support to the team. senator diane feinstein tweeting my stomach sinks with yet another active shooter alert. praying for the safety. president trump sounded out. he tweeted our thought and ts o prayers are with everyone involved. nancy pelosi tweeted the situation. she thanks quote our heroic first responders. and many students in the wake of the parkland school shooting saying it is not enough for politicians to tweet offering thoughts and prayers. demanding more action. eric and ama. >> thank you very much. traffic was briefly stopped on 280 today shortly after the shooting. cars at a stand still across all lanes in the road. traffic once again is moving in both directions pretty well. as you can see from this picture from sky 7, cars are getting through. as the police chief said, about an hour and a half earlier, they are going to be working there probably through the night. >> our digital team jumped into action sen

some like to focus on the loss of video >> the president is tweeting about his meeting with tim cookforward to my meeting with tim cook later of apple we'll be talking about many things including about how the u.s. has been treated unfairly for years by many countries on trade. some speculation about how that conversation is going to go, not just about china and tariffs and free trade but also the degree to which we see policy on automation the next several years. >> and cook has come out against some of the trump administration's policies on daca, on daling fre i bailing f climate accord he hopes cooler heads will prevail. apple clearly has a lot at stake, not just in terms of its consumer growth of apple products in china but the global supply chain which is centered on china so little ceo diplomacy when it comes to trade, i'm sure >> to our etf spotlight. mike santoli looking at the money flowing into bonds still above three. >> building on what professor siegel told you about higher yields and emand for stocks, you've seen a big rush of new money into especially short-term bond e

. >>> apples ceo, tim cook, is getting ready to meet with president trump to head off the trade war with china. >>> the professor who she -- who tweeted disparaging comments about first lady barbara bush will not be punished. the university says what she did did not violate school policy. >>> everything looks okay on highway 24 westbound as you head up to the tunnel. traffic is looking good. we will give you a look on some of the other commute. >>> we have a bit of a cooling trend in the bay area. we have scattered, low clouds out there. we will talk about your weekend outlook in a few sprinkles headed our way in your forecast coming up. play "do it like this". [music plays] [dog barks] [concert roaring] [music stops] dinner in 5. when everything's connected. it's simple. easy. awesome. we need to help more tocalifornians get ahead.d, that's why antonio villaraigosa brought both parties together to balance the state budget with record investments in public schools... and new career training programs. as mayor of la, he brought police and residents together to get illegal guns off the streets and keep kids out of gangs, and on the righ

president trump. [ laughter ] in response, trump tweeted pictures with some clothes that kanye got him. [ laughter ] president trump met with apple ceo tim cooke white house today to find out once and for all what an apple is. [ laughter ] "and you eat them?" former white house press secretary sean spicer appeared in madam tussauds today to unveil a wax figure of first lady melania trump. and you can tell it's not the real melania because -- okay, you can't tell. [ laughter and applause ] the president of iran today said that he has told french president emanuel macron that he will not change even one sentence of the obama-era nuclear deal. "there's more than one sentence?" asked trump who hasn't read it yet. [ laughter and applause ] the -- the second season of dystopian drama "the handmaid's tale" premiered tonight and it looks like they got new hats! [ laughter and applause ] according -- that's a -- that's the wax -- i don't know. [ laughter ] according to a new annual report the u.s. ranked 45th worldwide in press freedom this year down two spots from last year's rankings. you can read the entire report here. [ laughter and applause ] ac

tech ceos mark zuckerberg and tim cook exchanging harsh words >>> later, tesla shares in reverse, the stock getting slammed down 35% from its 5 -week highs and elon musk's tweets might make it worse we'll explain. you're watching a special edition of "fast money" live from times square n yk inewor city we have much more for you right after this we've been preparing for this day. over the years, paul and i have met regularly with our ameriprise advisor. we plan for everything from retirement to college savings. giving us the ability to add on for an important member of our family. welcome home mom. with the right financial advisor, life can be brilliant. hello. give me an hour in tanning room 3. cheers! that's confident. but it's not kayak confident. kayak searches hundreds of travel sites to help me plan the best trip. so i'm more than confident. forgot me goggles. kayak. search one and done. - anncr: as you grow older, -your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen i

tweeted, was just briefed on the shooting in san bruno, cal. thank you to our phenomenal law enforcement officers and first responders currently on the scene. apple ceo tim cook wrote we send our sympathy and support to the team at youtube and google. youtube band all gun sales in all the gun videos about how to involving guns. this appears to can domestic violence. police have not yet confirmed that but all evidence point in that direction. kennedy: i'm hearing about domestic violence. what are you hearing about the shooter? do you know that she worked at youtube in the chief of police in and brur know didn't have an answer -- the -- the police in san bruno didn't have a motive. reporter: people keep asking, what do we know about the shooter? we know it's a female which is odd. google is having a celebration brunch and there was a female shooter involved. you think back to the san bernardino shooting two years ago. that was at a holiday employees also involving a female shooter. there is no name or idea why she was in the building except she was look for a man. kennedy: still a lot of unanswered questions. we don't have it yet. reporter: i'm sure there is vi

tweets about muslim immigrants should be taken into consideration. still, a long way to go because a decision isn't expected until late june. >> thank you. >>> apple's ceo tim cook met with president trump today at the white house. cook was also among the guests at last night's state dinner. during today's private closed- door meeting, the two men discussed trade issues. on twitter, the president said the conversation focused on, quote, how the u.s. has been treated unfairly for many years by many countries on trade. for his part, cook reportedly raised concerns about the president's proposed tariffs on chinese goods. >>> there are explosive new allegations out tonight about the president's nominee for veterans affairs white house doctor ronny jackson. democrats on the senate va committee released a memo today claiming jackson crashed a vehicle while intoxicated and was alleged to have found passed out in his hotel needing medical assistance. he passed multiple background checks. president trump's personal attorney says he will invoke his fifth amendment rights against self-incrimination in a court case over his payment to adult film star stormy daniels. daniels

tweets, hashtag end gun violence and hashtag never again. these have been used by those who support gun control. uber said: us against to end gun violence. tim cookof apple .. jeff bezos, amazon's ceo .. and jack dorsey, twitter's leader, also shared their condolences via twitter .. making it clear that silicon valley is there to support youtube. michelle? >> several other tech leaders shared condolences making it clear that silicon valley is there to support youtube. >>> a san francisco supervisor is taking more heat for a public rant in the midst of a massive fire. kpix 5 has learned fire officials believe aaron peskin had been drinking when he blasted the department's response. he arrived while the firefighting effort was still active on north beach on st. patrick's day. he criticized the fighting of the fire. the fire department's spokesman told the deputy chief of operations he smelled alcohol on peskin's breath. that's according to an internal memo sent to the fire chief. peskin has apologized for his behavior the night of the fire. he denies the allegation that he had been drinking. >>> time check, 5:36. we have had dry conditions for a wh

tim cook and mark zuckerberg or the drop in tesla shares. there's a lot more ahead as the second quarter begins with a big sell off see you after the break. (birds tweeting) this is not a cloud. this is a tomato tracked from farm to table on a blockchain, helping keep shoppers safe. this is a financial transaction secure from hacks and threats others can't see. this is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. this is not the cloud you know. this is the ibm cloud. the ibm cloud is the cloud for smarter business. ♪ ♪ you know what's not awesome? gig-speed internet. when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids, and these guys, him, ah. oh hello. that lady, these houses! yes, yes and yes. and don't forget about them. uh huh, sure. still yes! xfinity delivers gig speed to more homes than anyone. now you can get it, too. welcome to the party. >>> facebook shares falling again today. over the weekend, founder and ceo firing back at tim cook for comments he made last week in an msnbc interview. >> the truth is, we could make a ton of money if we

and the president be that tweeting about this in anticipation of his meeting in the oval office. he said looking forward the my meeting with tim cook many things, including how the u.s. has been treated unfairly for many years by many countries on trade. the president putting down a marker for what he sees this meeting being as and tim cook has been trying to position him as something of a mediator between the u.s. and china in the recent flap over potential tariffs on chinese good here's what tim cook said when speaking in china about this subject. >> i have seen over my lifetime is that countries that embrace openness, that embrace trade, that embrace diversity are the countries that do exceptional and the countries that don't don't. >> sarah, that was tim cook in march in beijing we will see if he delivers the same message to the president today here in the oval office. back over to you. >> thank you ayman jaffers at the white house. let's talk more about this meeting and president trump's relationship with silicon valley ina freed joins us and jimmy pathekukis apple is important in china. it has to be a topic of conversation nu

tim cook amazon. you were just talking to peter navarro about that also in the red following more critical tweets from president trump. in fact, amazon, netflix, alp alphabet in correction territory. apple down 9% from its 52 week high intel, we have to mention that name that chart having a rough session following these reports that apple plans to use its own ch chips. as a sector, tech is down 10% below its recent intraday high though barely positive for a year can a strong earnings season ride to the rescue tech is expected to post q 1 earnings growth of 19.3% and revenue growth of 13.6%, also better than the market cfra's lindsay bell notes it's training 18 times earnings >> all right, thank you, josh. tech gets more of the attention but industrials had some big movers in the selloff today, morgan. >> industrial as long as sliding into correction territory. the s&p sector down 2% in trading. big cap names among the biggest losers 3m, caterpillar, united technologies, boeing, general electric despite ge saying it's selling health care asset, ge in bare market territory but utx, cat, 3m, boeing, thes

tweet. we've seen comments, they will probably focus on trade. >> now when they focus on trade, first thing, i'm sure, tim cookl be concerned about, don't throw out the high-tech baby with the bath water. did a lot of business there. technology companies do a lot of business there. there is a needle to thread. what do you make of that? >> that will be huge, neil. a large part of iphone are made in china, fabricated there. that is a big deal. don't forget the other big piece is intellectual property idea. a lot of data we send over to china, a lot of idea get kept there and repurposed into their own stuff. tim cook can give him perspective exactly what that works out as far as how apple is dealing with the country. neil: joe, these technology guys, i'm not saying there politically all one way, i am saying they are politically all one way. they are all slightly to the left. they were not big fans of this president. but they liked obviously the tax cuts. they liked a lot of regulations lifted. so they have benefited to a man and women from all of that, including tim cook. so how does cook go into these discussion