From the conference in laguna beach where we had conversations with some of the biggest names in tech. Lets start with my interview with arianna huffington. We spoke about the changing role of travis kalanick. Arianna he is on the board, and he is very active. He obviously built uber into the juggernaut it is now. He passed the baton. It was a very nice transition of power. The new ceo has been amazing. He has been handling all the problems whether it is what is happening in london with the suspension of ubers license to the deal in process with softbank, he has been a great leader. He has shown he is very committed to building a thriving culture and company. Emily you mentioned the difficulties faced in london, multiple legal probes elsewhere, how do you see the lifechanging around the world Going Forward . Arianna we need to do better at serving the communities where uber exists around the world. We need to make sure we add value to communities. Added value in terms of transportation
A delayed tax bill gop leadership in the white house putting off an announcement on tax reform as wrangling over how to pay for it continues. And tech is back on capitol hill for their role in the 2016 election and russias role we want to bring you up to speed on yesterdays deadly terror attack. Contessa brewer is in Lower Manhattan for us reporter good morning. Investigators are looking to see whether the suspected attacker had scouted this area in particular ahead of time or was he familiar with it because he was an uber driver Sayfullo Saipov left a note inside that rented home depot truck proclaiming isis lives forever in arabic. It was a home depot truck that he rented in new jersey. Investigators found at least one knife in the truck Law Enforcement believe saipov acted alone mowing down cyclists and pedestrians for 20 blocks. Its a very popular park path. And it ended, this attack, with a crash into a school bus very close to the World Trade Center near an elite Public High Scho
Premarket. Microsoft and intel are moving lower. Weve got a first look at the economy under president trump. It was a weak First Quarter, the question of course is has growth picked up since then. Starbucks out with results, the stock is slipping. A live and exclusive interview with Ceo Kevin Johnson and now chairman Howard Schultz. On the tech earnings front, amazon as you may know by now surpassing forecasts, getting a lift from the Cloud Business. Alphabet also above consensus as mobile search helped to drive ad sales higher. Microsoft and intel beat on the bottom line, but miss on the top line. Jim, theres a lot to get to last night. Last night was incredible to listen to not to the amazon call because amazon said, our cash flow is fabulous. All true. But the alphabet call was about how were not a Search Engine company thats driven by advertising although our advertising is up 50 . They said over and over again as we talked about earlier this week were cloud, were cloud, were cloud
Carl king and jim cramer. State police is coming up. The first close above 2400 looking to add to it today. Busy morning with retail mornings, 13 s filings. Reports that the president disclosed classified information. Europe is mixed. U. K. Inflation the highest since 2013. Back home Housing Starts down unexpectedly for the second straight month. The ten year around 234. Home depot taking the street and gaining ground. The retail names taking a beating today. Did President Trump reveal classified information to the russians in the oval office . The white house is denying the story but the president s tweets this morning seem contradrikt t contradictory. How will the markets react. Instagram announcing new reactions like face filters that seem like snap chat. Its coming off an 8 gain as it climbs back from the earnings plunge. First up, talk some home depot. A bright spot on the retails earning front. Depot beats the street with earnings results. U. S. Comps up better than expected help
Classified information to the russians while they visited the white house. We need to tell you the story is extremely fluid but before noon security adviser h. R. Mcmaster sent out to say that the president did not reveal anything that wasnt already out there. But then in the last 45 minutes, the New York Times reports that americas strongest ally in the middle east may have been compromised by what was said. Lieutenant colonel ralph peters sent years as Intelligence Officer focusing on russia. He will decode what he feels is really going on. How big a mistake or not at all the president may have made and the israel connection that is bubbling up right now. We know much more at this hour than yesterday about the damage and origination of that massive ransom ware attack, symantec is one of the biggest security firms in the nation. Ceo will tell us the secret to keeping personal and Business Information protected and who he thinks is behind. This the dow take aim at 21,000. S p and the n