when you go out on the streets here, when you cross on the crosswalk, and there's a waymo, waymo is activelyr not its cars can avoid an accident, and avoid an accident with you if you happen to be on the roads. and some people also are, clearly, offended by that notion. and last year, the fears of the community became a reality. a self—driving uber vehicle failed to detect her crossing an empty road at night and the safety driver failed to hit the brakes. it was the first case of a pedestrian being killed by a self—driving car. the uber was — the vehicle was a volvo again. it was a self—driving vehicle. it was in the autonomous mode at the time. and our investigation did not show at this time that there were significant signs of the vehicle slowing down. the uber vehicle hit elaine herzberg at 38mph. this was a huge moment for the burgeoning industry, which led to uber having to immediately halt their self—driving programme. so, what exactly happened and whose fault was it? we went to the site of the crash in tempe, arizona, with the news editor of the phoenix new times, ray stern, to find o

when you go out on the streets, when you cross on the crosstalk, and there's the waymo, waymo is activelyng whether or not its cars can avoid an accident, and avoid an accident with you if you happen to be on the roads. and some people also are clearly offended by that notion. and, last year, the fears of the community became a reality. a self driving uber vehicle failed to detect her crossing an empty road at night and the safety driver failed to hit the brakes. it was the first case of a pedestrian being killed by a self driving car. the uber was, the vehicle was a volvo again. it was a self driving vehicle. it was in the autonomous made at the time. and our investigation did not show at this time that there were significant signs of the vehicle slowing down. the uber vehicle hit elaine herzberg at 30 mph. —— 38 mph. this was a huge moment for the burgeoning industry, which led to uber having to immediately halt their self driving programme. so what exactly happened and whose fault was it? we went to the site of the crash in tempe, arizona, with the news editor of the phoenix new times,

when you go out on the streets, when you go on the gospel, and there is a waymo, waymo is actively testingt it's ca i’s actively testing whether or not it's cars can avoid an accident, and avoid an accident if you happen to be on the road —— waymo. in some people are clearly offended by that notion. in fact, some residents have reacted very strongly indeed. check out this video we found on youtube showing a man attacking a self driving car. you know there are hundreds of thousands of people to see their scars on the road every day but there have been some folks who really don't like them and have tried to run them off the road with their own cars, from rocks at them, one man drew a gun and aimed it driver as the car passed by his driveway, so some people really have a problem with this amount of technology sharing the roads with them and kind of cruising through their neighbourhoods at all hours of their neighbourhoods at all hours of the day. but a lot of these incidents are not when the kyle coetzer someone off in traffic or the things that would maybe make another driver mad at me, it i

when you go out on the streets here, when you cross on the crosswalk, and there's a waymo, waymo is activelyident with you if you happen to be on the roads. and some people also are, clearly, offended by that notion. and last year, the fears of the community became a reality. a self—driving uber vehicle failed to detect her crossing an empty road at night and the safety driver failed to hit the brakes. it was the first case of a pedestrian being killed by a self—driving car. the uber was — the vehicle was a volvo again. it was a self—driving vehicle. it was in the autonomous mode at the time. and our investigation did not show at this time that there were significant signs of the vehicle slowing down. the uber vehicle hit elaine herzberg at 38mph. this was a huge moment for the burgeoning industry, which led to uber having to immediately halt their self—driving programme. so, what exactly happened and whose fault was it? we went to the site of the crash in tempe, arizona, with the news editor of the phoenix new times, ray stern, to find out more about the incident. ok, it's on the other side

to test out their pilot program in the south bay for now waymo employees can hail rides and bring gas the cpu see approval differs from the dmv permits have been given to several companies and that the self-driving cars can actually take people. however restrictions remain in place the company can't charge for the rides and safety drivers must be present at all times. the company says is as a step toward commercial deployment. >>e cigarette maker juul which is based in san francisco is facing new scrutiny as after a study found social media is being used to target younger users. the study published in the british medical journal tobacco control let a 15,000 posts from march to may of 2018. it determined one 3rd of those were promotional with marketing messages or links. the web sites with vaping products are sold it's important to note though most of the posts were not made by jill they came from social media influencers and businesses which sell e cigarettes however, the group behind the study still wants the fda to restrict baby manufacturers from using social media as a way to mark

when you go out on the streets here, when you cross on the crosswalk, and there's a waymo, waymo is activelyity. a self—driving uber vehicle failed to detect her crossing an empty road at night and the safety driver failed to hit the brakes. it was the first case of a pedestrian being killed by a self—driving car. the uber was — the vehicle was a volvo again. it was a self—driving vehicle. it was in the autonomous mode at the time. and our investigation did not show at this time that there were significant signs of the vehicle slowing down. the uber vehicle hit elaine herzberg at 38mph. this was a huge moment for the burgeoning industry, which led to uber having to immediately halt their self—driving programme. so, what exactly happened and whose fault was it? we went to the site of the crash in tempe, arizona, with the news editor of the phoenix new times, ray stern, to find out more about the incident. ok, it's on the other side. she took her bike from this area, walked it across this lane and then entered this lane. the uber vehicle was in this lane. and itjust kept staying in this lane e

. >>> waymo gets the green light to carry passengers in california. state officials gave the self-driving unit a permit to take part in a pilot program. there are a few restrictions. they cannot charge passengers and there must be an operator to take over just in case. it could eventually open the door to waymo offering a taxi service similar to the one it operates in the phoenix area. >>> uber eats has a new option for people who like the ambience of a restaurant but hate waiting. a dine-in feature in dallas, austin and san diego, customers can pre-order their food on the app and then go and eat in the restaurant. the driver of the courier completely cut out of this situation so there's no delivery or service fee. diners arrange their own transportation, they pay through the uber eats app, they can even add a tip. for uber, this an easy way to make cash from restaurants it partners with and for restaurants a way to fill their empty tables. marcus and laura, back over to you. >> maybe we're getting too impatient, don't you think? >> whatho wants to wa

. >>> google waymo will receive permission to carry passengers in self-driving cars. the state public utility commission granted a three-year permit to be part of the autonomous passenger pilot program yesterday. the market watch reports waymo must have a human driver behind the wheel and not charge passengers for rides. waymo has a self-driving taxi service in arizona. >>> amazon is going back to its roots. planning to build a 43 story tower in bellevue, washington, where the seattle-based company was founded. the tower is the biggest building in bellevue and house 4,200 employees built on land amazon already owns. >>> at 6:30, unlimited movies. the theater chain that might roll out a subscription service. >>> and life on b.a.r.t. is back to normal this morning. and the tanf after qualifying purchases when you apply and are approved for the hawaiian airlines world elite mastercard. plus, you earn miles on everyday purchases. get closer to the travels and moments you'll remember forever with this special offer. need another reason? enjoy an introductory no annual fee.

>> she did mention waymo a bit think they said something like 1,000 active riders.bviously a big question, karen, is really -- you know, we've heard our colleague, phil lebeau, talk about this, when are they going to branch out between the trial area, the metro phoenix area is 2020 going to be the big year, 2020 when waymo sees a big rollout? i did not hear her address those specific questions on the call though no. >> josh lipton in san francisco. thanks a lot karen, your thoughts on the conference call so far >> a lot to like good for her she got a lot of feedback from the last quarter that probably wasn't so great, so i mean these are great numbers. when you think about the scale of this business to have this kind of reaction sell ration, numbers so big already, it is extraordinary. >> yes, 8 billion in cloud, that's extraordinary we are not even -- we haven't even talked about youtube. we haven't really talked about some of their agenda in linear tv, that their google marketing live event that they outlined i think an interesting strategy there. we haven't talke

plus waymo getting the go-a ahead. permit to operate in one western state. details ahead. ♪ and i'm proud to be an american where at least i know i'm free. ♪ i won't forget the men who died who gave that right to me. ♪ hey! i'm bill slowsky jr., i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i can troubleshoot. i can schedule a time for them to call me back, it's great! you have our number programmed in? ya i don't even know your phone anymore... excuse me?! what? i don't know your phone number. aw well. he doesn't know our phone number! you have our fax number, obviously... today's xfinity service. simple. easy. awesome. i'll pass. dagen: welcome back. as we celebrate our 4th of july holiday, it's important to stop and thank the men and women who fought for our freedom and continue to fight for our freedom. my next guest's company provides luxury a

they do face challenges around waymo. we have seen what happened with cruz pulling back. lot of challenges we will see with tesla and autonomous car is in general seem to be slowing down to a more realistic pace, which means we are not going to see waymo revenue for a while. those will be tough to watch, but google cloud will be important and it will be interesting to see what they do with their hardware. taylor: you mentioned google cloud a few times. i keep hearing it is not a zero-sum game, that there is room for amazon, for microsoft, for google, where they can all grow, gain market share and benefit, given the increasing spend on cloud business. is that true? doesis a zero-sum game or google need to create more demand for their product? >> from a competitive perspective, google does need to create more competitive offerings and they have done some very interesting technology development. they have an offering that lets people move from cloud to cloud more easily, which is a way to move from amazon to google. you are right and that you have to remember, we hear about

. >>> california state officials gave google's self driving car a permit waymo can't charge passengersould eventually open the door to waymo offering a taxi service like the one is has in the phoenix area. >>> the trump administration dropped a citizen question from the census. >>> and a record setting real estate sale. find out whose mansion just went for 1$120 million stay tuned this is "worldwide exchange" on cnbc (danny) let me get this straight. after a long day of hard work... ...you have to do more work? every day you're nearly fried to a crisp, professionally! can someone turn on the ac?! no? oh right... ...'cause there isn't any. here- (vo) automatically sort your expenses and save over 40 hours a month. without you, we wouldn't have electricity. our hobby would be going to bed early. (vo) you earned it, we're here to make sure you get it. (danny) it's time to get yours! (vo) quickbooks. backing you. >>> preparations are under way for donald trump's july 4th celebration. the event is not without controversy. tracie potts joins us live from the nation's capital what could be co

the california public utilities commission has added waymo to a public pilot program. testing autonomous vehicles for shared rides with uber and lyft. it allows google's waymo to give rides to its employees and their guests but only in specific parts of the south bay. so if you're in mountain view, sunny v., los altos or palo alto you just might see a car pull up next to you with no hands on the steering wheel. >>> might want to think twice before riding an e hi-scooter. an investigation by "consumer reports" found a lot of people are getting hurt on the electric scooters. at least 1,500 in the u.s. this year. and "consumer reports" got that number by adding up the injuries from just 23 medical facilities. so the nationwide total is sure to be way higher than that. e-scooter companies like bird and lime advise riders to wearq. closed. within the past two weeks three restaurants closed down with little warning. most recent was stanford's restaurant. it's a popular downtown eatery and it's been open for nearly 25 years. recently, though, the business posted on facebook t

meanwhile, nissan remember know will work with waymo to build self-driving vehicles for japanr and eopequestion is whether these partnerships will pay off and whher the two automakers can truly make this partnership work. >> early i saw the chemistry between the two of us. there was aumility from both of us about these kinds o situations and how we could learn together and make progress. >> the firstri ele vehicle developed by ford and volkswagen is scheduled tooll out in europe sometime around 2023. omakers believe they will be garnering major savings, which will help them as they steer through an uncertain time in the auto industry. phil lebeau, "nightly business report", new york. > the dull days of summer may be over sooner than expected i the nation's housing market. the supply of homes for sale, which had beenng increa could turn lower again soon, and that will likely mean the ret n of bidding wars. diana olick has the details and the strategies. >> reporter: after a year of perfect for the northern virginia home, frank and his wife finally found it, and so did six other buyers. >

. >>> california giving waymo the green light to transport passengers in self-driving cars.a ride in one of these? we'll have more after this. ♪ my experience with usaa has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. ♪ susan: my request twist and shout. david: that is old one. one of the original ones. that was on meet the beatles, that album. susan: yeah. david: this is "revolution." this is the slow version. they have several versions. susan: my goodness, they're playing, "revolution." ashley has been calling this every day. david: he got sick during his moment in the sun. that was not in the beat

argo is a challenger to know motors and alphabet's waymo. >> they would be very competitive in europeetitive us more as we celebrate the condition of self driving cars. m&a heating up so much that the ones advising of those deals are starting to merge themselves. areique investment banks bundling up with piper jaffray buying sandler o'neill. >> the price is low. i think they got a very good deal. are bundling up with piperi will dor to make sure they did, and everything we do to be helpful with them. i think over time we will make a real comfort fusion -- contribution and i intend to be a large shareholder. there are a lot of ways to get paid in this deal. 737 maxrinding of the is heading home at boeing. last quarter, overall shipments fell 54% from a year earlier after its best-selling plane was barred from flying after two fatal crashes. they are still actually building these things. >> we have seen bad numbers for the first half of. worsecond half could be given we have just seen the first airline to cancel the 737 max commitments. we could see more in the second half as this unrav

will remain the case until we see signs of reacceleration in the core business and more from cloud, waymo and those types of things >> has the threat of increased regulatory skrucrutiny in washington, d.c. and europe and other jurisdictions, has that changed the trading dynamic for those stocks you deal with those clients. are they changing their behavior because of the threat of that regulatory scrutiny? >> yeah. you would think that would be the case, you go back to tuesday evening. had a couple of short sellers on the desk, but you look at the price action yesterday yes, i did. morning stocks were around the lows, they grinded higher all day with the tape from the institutional investor point of view, pretty much shrugging it off that the companies have the balance sheets to kind of withstand any regulatory fine. people just want to break them up because they're too large you'll have to see laws thing that for that to play out. investors are mostly shrugging off any of the regulatory headwinds. it creates a lot to of good talking points and headlines for right now it's noise until we s

we've expanded with waymo. days but great to have a front row seat and helping drive that change for the business >> so cheryl, where is the growth going to come from in your view? i know auto nation, do you the repair business and you brand that now used cars -- you've called them preowned. >> nearly new. >> please, joe much classier. that works too >> are we near peek auto is winter coming to reference game of thrones >> i'll go first, joe. i think on the new vehicle business, the consumer has been hit by a higher price point for the vehicle they want and higher interest rates this has moved that critical monthly payment and many have decided to switch to nearly new. now, if i go back six months ago, we had a forward curve that said interest rates would continue to go up. now that looks like that has significantly changed. we'll see if that happens. if will change my out look for 2020 if interest rates go down instead of going up, that will make a real difference for consumers because interest rates and the m

it's not our belief that waymo or tesla will all of a sudden provide us with full autonomy on day one. that it will require the networks that lyft and uber can provide. they are in a key position right now to benefit the valuation is fine in what they do today, which is basically just taxi replacement, but the true attraction for these companies is getting to that full autonomy and i think they will be able to manage through the regulatory issues that they exist in getting to autonomy and the employment issues that they have now in california, which makes them, i think, great investments for investors over the long-term. >> certainly the big long-term focus on that so-called path to profitability. walter, charles, thanks for joining us today >> thanks for having us >>> when we return, the u.s. chip company sued by huawei over trade secrets. alan astngrmro with us on that big win on the other side of this break stay with us dow's up 17 points ♪ most of us don't know how much data we use, but we all know we're paying too much for it. enter xfinity mobile. america's best lte with the mos

. >>> and waymo gets to the green light. what to do if you see a self driving car. >>> and the golden gate bridge saying high ♪ ♪ this is how driving should feel. the tech-advanced nissan leaf. the best selling electric vehicle of all time. this is nissan intelligent mobility. ♪ you knowlowe's helps a great timyou do it right...arbecue. do it right for less. start with lowe's. >>> good morning, on this wednesday, july 3rd. >> thanks for waking up with us. you're never more than 7 minutes away from the accuweather forecast. gray to start. we have to bring our own sunshine today, mike. >> at least during the morning hours. but i promise in the afternoon you won't need to bring it. it is brought for you. we'll cater to you any way we can. here is a look at the winds and cloud cover and the winds are faster and the cloud cover is thicker. it is also a little more moisture, so look for mist the closer you are to the coast. gorgeous shot from mount tam. and high and low clouds and i'm running the time lapse at mike nicco nbc 7 and

spent a lot of time looking at autonomous vehicles down in san francisco, especially when it comes to waymond lyft and uber. when we talk about the long-term, where do you think that tesla ranks here? there's been some skepticism about where it actually is in that competition to get there? >> deed ra, i've got to be honest with you, i remain skeptical about the timing on autonomous vehicles. we've learned over the last 50 years with ships and aircraft that if you want to be safe with an autonomous vehicle, you want to give it its own lane for driving so it doesn't run into anything, and then you want to put beacons on everything that doesn't mover so it doesn't hit them either, and in my mind, the notion that we're going to do self-driving cars with all of the intelligence in the car, and we're just going to figure out everything as we go along, that will work eventually, but i just think that the process of getting there, of making it secure is going to be incredibly fraught, and i worry a lot about pedestrians. i worry a lot about passengers and i just think all this is going to take long

towel service and bistro style meals at the end of the flight, they'll be treated to chocolates >>> waymo'self-driving vehicles just got the green light to transport passengers on california roads but there will be restrictions. the company cannot charge passengers, and a safety driver must be behind the wheel to take over in case of an emergency >>> and the american cancer society says more than 492,000 people aged 16 to 84 died from cancer in 2015 that comes out to nearly 9 million years of lost life the estimate for lost earnings is over $94 billion. but that does not include the cost of treatment or caregiving. >>> you're up to date. that's the news update contessa, back downtown to you >> sue, thank you. let's send it over to mike santoli for a second dashboard what do you have >> contessa, we're looking at what would the market look like if all stocks were created equal or treated as if they were equal? this is the s&p 500 along with the equal weighted version of the s&p 500. the etf that tracks that equal weighted index is the rsp. this is a year to date basis they're in lock step yo

we want to see some value out of waymo and that's what will help sustain the growth long term. >> bigy, mark. thank you. you're going to stick around. >> all right. >> for twitter but charlie, thank you. buy anything you're wearing on amazon pocket scarf >> i'm not sure. >> socks, underwear. >> maybe socks yeah, maybe the socks. yeah >> one of the socks. thank you. deidre, thank you. >> we'll be right back these folks, they don't have time to go to the post office they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the amazing services of the post office only cheaper get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again! >>> read all about it. earnings from the blue bird expected any minute. we'll bring you the numbers and the reaction. >>> trash talk the c eo of waste management. >>> plus, rising star awkwafina. >> content creation and her new deal with hotel tonight as the second

waymo is another one, their self-driving car division, that seem to be really helping the company along aside from their traditional business. that's very interesting to see if you are looking to play that at home. amazon, on the other hand, is just absolutely amazing. it doesn't bother me at all, in fact, it's a great opportunity today if you have cash on the sidelines and want to buy this name because it will be down on the open, because of the fact that they are losing money, as far as like they're starting to see some decelerating growth in some of the big areas but the reality is this. amazon has lost money before and look what's happened. people who slept on that stock obviously paid for it dearly and lost profit. that's a reason to take a look at amazon today if it falls any further. charles: amazon is interesting. it's going to be down but at the initial reaction, it got crushed right after the numbers came out. you know, everyone was able to go along with jeff bezos and the idea he was building a juggernaut. then for awhile it became an earnings story. he's seemingly saying we

waymo is about to pick up but that will take a little longer.le by end of the year. how about amazon? i read your stuff, ray. you say it will be $2050 by the end of the year. that is about where it is now. >> we think it's a trillion dollar. it will be one of the other trillion dollar babies out there. part of it is prime day. they did 175 million as a guess in terms of goods, less than 6 billion, still bigger than black friday, cyber monday together. there is a lot of costs to buildout the cloud business. that will take up some of it. and logistics for the new formats for shopping. that will eat some of the costs. stuart: you think it will bump up against a ceiling at two grand a share. you have to tell me about netflix. we have netflix at 311. it has been down recently. you say it will bounce back. make your case for that. >> we think it will hit around 400. part of it is netflix is making invests required in content. we see content, network technology coming together so every studio is now into the content business, the broadcast business, an