Iture looks li donald trump rsus hillarylinton in novemb. Look at this. You arare abt to see the rlds Top Technology comny lose about 50 bilon worth of valu apple is sliding. But wait, he comes facebook. Ter a string of misses, wer going to find out if a social network can rescue big th. Polics and money, thats what we do. A big show for you. Varney company iabout to gin. T e of the road thwords, i think ive got it, thats right. Oks like weve come to the d of the road. Od, the political road of urse, thats what were talking about. Donald t trump and hilla clinn, yes, they are the esumptivnominees. And theyre both pivotg toward that general eltiononn november. Theyre going after ch other. Our coverage othe stunning primaries in jt a moment. Fit, this. Ththend of the road for apples 13yeawinning stak, what a run it had and that stock will be down big today a drop in sas, a drop in revenue, no innotion, so here the question, at 95 or 6 a share, is it a b or are we ending much of the show asking that qution. Liz is here, give mehe nuts and lt lets go through the number apple had 61 saight quarters of growing sales and thawould stop when they rort th numbers. Iphone e shipmes down 16 to 51. 2 millionrom more than 61 billion a year ago. Sales in the quarter dow15 . Theyre talkg lower sales and in the june arter they lost the equivalent oa netflix in market value yesterday that a big deal. Still, they have a sizle cash and securitiile, 2 billion dollar they could buy a ube lyft, yahoo . That could be doing in the fure is more acquisitions, d made 15 deals in the last. Stuartwith20 odd billion, you cod raise the dividend. Thats whatheyre pushing to do. The cash pile is about theize of finland. Stuart youre looking at e close yeerda 104. It will open this momorning around 96. Liz peek i is here and i want t talk about t tim cook. If i use the word failurure as ceo, taking g over f from steve jobsbs, is that too strong a word . I think itts a little strongng. Hes not steve jobs, thatts hs failure, rigight . I mean, really, he is a veryry at d managerer, eryone credits afloat. The problem is hes s not an innovator anand honestly, i thik that a apple is having a mid lie crisis. One of the problblems in the release was not t just that ipments were down, its thatat the announcement of whats coming along in n the next iphoe is not verery wowing. So people are not gogoing to be upgradining with the fervor tha they have in past titimes. So, ththat, i think, is actuall the most impmportant thing thats going on. Apapple was behind samsung goin to thehe bigger phones. Wh, is is no longer the innovavator in the industry. They have to prove theheyre still onon the cutting edge and thats not his stronong suit. Stuart also, think hes sitioned apple as a liberal, liberal, leaning company doesnt want youbusiness if youre notn bod with global warming. And hwants to appeal to young people surveys showed that young people who are the major purchasers of iphonewas beginning to t think this was nt the coolest thining earth and i think k hifight with the f was along the same lines. He wanted to shohow at he was kind o of the antiestablishmen, willlling to stand up to t vernment ceo, to appeal toto yoyounpeople, but thats not ththe y to do it. The way y too it is to have the coolest iphone. A stay out of politics. Stuart please do. O. All right. I am still absolutely asaston h astoninish by the scopope Donald Trumps winin lt night. There was a shift t last night. He is no longer r thoutsider, he i is,s he says,he presumptive nominee fofor the republicans. S. Just look k athe numbers, he pupulled in 63 of the vote in rhode island, 60 delaware, 5 connecticut,t, 56 pennsylvania maryland. A resounding five e victories ad won every y county in all of the states. Lolook at jeff dewitt, hes a trump guy,y, hs smiling. I i dont blame him. I dont blame e yoat all. Why not . Itit w an extraordinarnight. Go on,n, take your victory lap. [laughte wellbeieing well, obviously, a greatat, gret ninighfor mr. Trump better thann the polls showed. Blowout victory. Its cle thahat the Republican Party is consosolidating around dodona trump. Ted cruz as yoyou saw got about 10of the vote in many of thehe states, and d you know, i think that t thadeal he made with kachch ht him and everyone realaliz that donald trump is goining win, the only one with mathematical chance and wewe have to come a around him. Stuart you had d 20 seconds fo the victory lap. Now lets get serious. [laughter] itits going to be trump versus hillary in novembmber thats my opinion, l looks like it andrump is very d definitely takiking aim at hillary. Watch this from last n nig. Hillary will l be h horrible ababsotely horrible on economicc development. She will be terrible on jobsbs. She knows nothing ababoujobs except f for jobs for herself. When it came to answering g th phphone at 3 00 in the morning, she was sleeping, okay . She wasnt, with benghazazi d the other prproblems. Yoyou ok at what she did with syria. Look at what shes done inin so mamany different ways. Shshe ll not be a go president. She doesnt have thehe sength, she doesnt have the stamimina. Stuart you kn, jeff, if ths the new look president ial donald trumump, he hasnt changed very much, has s he . He gone right at her. Well, you know, there is s a motto that like veryry much, whicich let trump be trump. Hes the guy we want, he unfiltered. Hehesot one of these, you know, polishededpolititicianans where they give them talkiking points. Wiwith politics these days, the will look atat every phrase and say free m marts, not capipitalism and give you the e ll tested phases. Obviously he doeoesnt buy into that which is what we lolove. Were sick of the e polished politicicianthat dont mean what they y say. He obviously says what is on his s mi. Strt one e quick word of adce, have his makeup artistst fix his eyeyes itelling you u yocant have owl l eyeyes on tv, as a esidentitialal candidate. Jujust a small point. [laughter] congralations, young man. Well see you soon. Thank you, stuart. Stuart youre welme. Listen to wh else donald trump had toay about hillary. Now, before you e this, let me tell you that its being called wildly sexis roll tape. I think the only rd she has is the womans card. Shs got nothing else going. Ankly, if Hillary Clinton re a man i dont think she would get 5 of the vote and the only tng shes gotot it the womens card and womenen dont t like her. Stuart and when i say wildly sexist, thats what some are saying. It may bebe sist, but its fair hillary clclintons campaign mae it clear from y y one they were going to play the gendnder card and she has beenen playinghehe ndnder card all alg. Is i it about her sex, yes, doe it make it unfnfair, no. Stuart its notot a pejorative. I totally agree. Stuart xism, that not a pejorati form of sexm. N at all. Hes on very sol ground here. Think 5 is a little bit of an exaggeration ssibly, but the truth is, thats wherehe is winning shes not winng me shes winning with women. Stuart this is so mh fun. I know it is. Stuart aying on Hillary Clinton, she wins s fo of five stateses, s, she did. Now, liz, what wilbernie do now . He only n rhode island whats he going do . He has enormous amount of money, enoous amount o persuasive influen in terms of what the platforms goingo look like and soorth, an hes lovg this. Havi more fun than hes ha in his life, irantee it. Y should he drop out . He aomplishing something at democrats are very comfortable withwhere they should be,e, whichs pushing hillary anthe party left and ft and more le. And i think in the g general elelection, thats whe theyre going toto hurt r. Thats w she wants him out. And j ben has not come out now and supports sosome of sanders statements. Stuauart the dark horse. And apple is a d dow stock, cause apapple is down so much, thats dragging the dow industrials down. Acactually apple contributes 5 down points toto the dow industririals. So without apppple, maybe wed e brking even. A cocouple of big names wed be moving. Chipotle. Theyre going to be dodown this morning, report the first evever quarterly lossss, sales down 29, thatats the e. Li for you. Of crsrse, thats looking backward, but t the stock is don big time. How about twititter, same story not making any moneyey, revenue and user growth not t good, dow she gogoes. Facebook, now theres a stock k for you. Reporting g after the bell toda. With apple stock, kind of, maybybe facebook is the great hopepe for technology, maybe whn ththe market opens in 20 minute time. The contntroversy offer target new bathroomom picy continues to g grow thanks to an online petition. Laururen simonetti makes a welcome return i in case you missed the stotory American Family assssociatio isis calling for boycott of rget after i it said it would allow men to u use womens bathomoms and dressing rooms. That they can n use facililitie thatre to ththeir gender r identy. Signing the petition s says thi, target store pololicy endangers women and children by y allowin men to frequenent womens facilities, enend que. E. Target p poised to open at abou 81. 52, and a mega a merger to compete with disneney. Comcast rerepoedly in reports to buy dreamworks animation,n, inincluding shrek and kung fu papand. And comcmcasowns the studio behindnd minions and despicable me. And they m may look for more chararacrs for the theme parks. Mcast surging, but dreamwoworks isis t big story. On this report, dreamworksks shares, thats about 18 t to e upupside, stuart. Stuauanot bad. Not bad at all. Well ke that, welcome back, good to see you again. All right, wve another delopment in the Hillary Clinton emaaga. Judge napolino calls it ruction of justice. Im ng so what . All hese developments and nothing ever happens. Ill tackle the dge on that. Late this hour,ililly robi, duck dynasty, big trumsupporter. That him standing behihind. If youreoi to put a small child in fnt of me, im pr s sure its child abuse in every stin america to acally pun or kick a small child. What am i supp to do . Letso in a fighting ce. Oh, oh hang on. Popoouth breather. Allelergs . S . Stuffyfy n cant t slp . Take that. A breathe right nasal stririp stantly opens your nose up to 38 more than allergrgy dicine alone. Shut y youmomouth and say goodninit, mouthbreathers. Breathe ririgh all right. Lets get to it. The Hillary Clinton mail scandal. Judicial watch reports thathe state departmeeld back a clinton email that would exposed her private rver use years ago. Napotano is here. Fore you explode, i know youre going to say th is typical obstruction of jusce and i say so what . How many times do we hthe incremtalittle movements which yosay are really a big deal and nothing ever happs . Youquestion is the 64,000 questionnd t today, even though you elegant and wellducated youre everyman because evyone wants to know whwhy is notng happening or what is happenin if the evidee as bad as you say it is, i im talking about in the plic c arena, anyone can acquire what i acquiredrom the internet or the researchhat we do. The fbi mustnow a lot more an wt is in the public arena. But the fbi so thorough, it must tify what it knows. From two sourceso make sure its song enough to withstand cross examination. Stuart thats the excususe . It takes time to do that. They just began interviewingng the roninianecret service agenent who o hacked into Sid Blumenthals server. It took them mononths to get h fromomania to here because ey cant go there. I thi this trump is right. I think at the democrats are protecting hillary cnt. Let mtell you what came ouyesterday. What came out yeyesterday is th fact that the state dedepartmen knew two years before it admitted it knewf f the exexistence of mrs. Clintons secret server. Whats the significance of that theyertied under oath to a federal judge th tha that they did not know aut it. So, somedy in the state departmentto protect mrs. Clinton ed under oath to a federal judge. What is that . Peperjury. Thats anotherarget for the fb thats someone the f can get an indict for like that and then ask that pers to turn stateevidence. Thats why thiis bad for mrs. Clinton, evevethouough its not direrectly against her. Her former state deparartment buddies cocovering up for her i such a w way that theyre lied under oath to a federal jujudge. Stuart what youve done f for the viewewers and myself made i clearer for myseself howow seri it is. What goes on and on d d on is the ti f frame. I i cant answerxcxcept i knw they are very thorouou a they want to blble to ratify and confirm the accuracy of alall te evidencehehey have. Evenhohough they have many people workingn it, it takes me. Strt as of last night she is the esumpte dedemocrat nomie. She is. Stuart one of twoeople who woulbe the next president of the United States ofmerica. I agree with yoyou, its ve, veryritical, for the democrats and american publi that thithing come to a head. Thathehey say theres not enough to chge her or were ing to a grand jury or we have enough toonvict her and ey wont let us go to a gran jury. Stuartim lding my breath, but dont hd your breath, youll turn the lor of that beautiful tie. [laughter] im esperated. A lot of pepeople are exasperarated. Its notot that they disbelief what were saying,g, theyre losingatience how long its taking to bring this to head. Stua judge, youre right. Come back at 11 00. Dow futures, how the markeis going to ope lower this mornin down 40odd points. Apple is goi to be a drag. s a dow stock, its a drag onhe dow. Very b day coming for your money. Were on it. Youre late for work. You grab your 10gallon jug of coffee, and back out of the garage. Right into your wifes car. With your wife watching. She forgives you. Eventually. Your Insurance Company, not so much. They say you only have their basic policy. Dont basic policies cover basic accidents . Of course, they say. As long as you pay extra for it. With a Liberty Mutual base policy, new car replacement comes standard. And for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Learn more by calling at Liberty Mutual, every policy is personal, with coverage and deductibles, customized just for you. Which is why we dont offer any offtheshelf policies. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. You know, we tk all day about stock market loser let me give you a winner rmin, i used to think they were a about gps and thats it. Not so the ock is going to be up 4 . Healthy demand for fitness gadgets, garmin is intohat. Didnt know it how about oil,lose to 45 a bael. Ththat a new 2016 high. Nonow is. Vanity fair magazinei i was thinking of f liberal intelligence that t leads that. Theyve got an editorial, that the democrats have become t the uber ririch, not ththe republic, the e democrats. Do you agree with hat . Lets think about whoho are making mononey, techand hollywood,he backersf hillary clton. Anthis story is about the upheaval of alliances. The republican par under donald trurump is r the working man and theemocratsts have ceded at turf. D evyone is scratching their heads how he do so well amongst wte men, and now its alswhite women and norities. Hillary clinton isalking to the very poorest in the untry and the wealthiest andhats, i think what vanity fr want today say, the mide ground liz z this is heresy to Say Something like this. Its true. Stuart whwhat a switch. I ththink its been apparent fo someme time, but now its out there. Its an isissue in ts s elon. Ttts right. Thats what republican vototers are angrgry about, basically th reblicican party lost track ofo the middle class a and now theyve found ththem again. Stuartrt at was a great opening show. That was good, liziz. Were moments aw f from the opening bell and the futures pointingng lowerer and apple ise reason a and apple is a dow stk. Check that, its g going to fal all the way to 96 a sharare. The next obvious question, a at 96s it a buy . Well have answers for you i moment. Theres a of places you nevent to see 7. 95. [ beep ] but ulle glad to see it re. Fility where smarter investors will always. If only td delitys active trader pro cd smarteentry d exit points and can help prote your potential profits fidelity whersmarter investors wi always be. Him and trimmed and to welcome back to vary y company. 30 seconds until t the opening bell. O huge stories this mornrning. Numberer one politics. S. Donald trurump is now the presesumptive nominee for e republican pararty and hillarys the delegate preresusumptive nominee. Ththe other big s story apple, t a lousy earninrereports last night. Lets see how they open now. Here is where you go thihis wedndnesday morning. We a g going to be down. N. We are down 56 pointnts. Pleasese show me applele. Im looking at about 95 a share n a drop. W out that. Shark alumni, plse make donald, jo ling kent. Ninetyfive dollars share. I could make aase to buy that ing. Its not a correction. Itsown 20 from the high. The numberwewere a abominable. I wanted to buy m me to go. The market is going weigh on the maet in the market will weigh it. This is a dangerou draw. Stuart greate decade, dont they have 223 233 billion. They could do mor acquisitio. The dividend increase. It did raisee 10 . Ththeyhould raise the 50 or 100 0 . Theyve got t enough cash. Stuart ththey listen to you. I want to go to jo lininkent. I had a call last night. Ceo tim cook kept r repting his optimistic about the futuru. What we see is not anything terribly bright at t the moment. You dont have themem up in the mamarket. Iphone s sales are down for r te first time yearoveryear. The reasonon you should care as there is no otheher product rigt now able to makeke up for that. Enen you have a huge amount of sales that are declining. Stuart and innovaon f from anytng on the horizonon. It seems that trere is no concncrete acknowledgment. That was back to apple bngng a a secretive companany as well. Th a are the same way about the watch. D does mean that they are keeping it very mu u under wraps. It doesnt create coididen among a lot ofof investors as yu seinin the stock price. Stuart if it wasnt f for appl, e e dow industrial average shoulde e up this wednesday morning. Liz we are going in an historicallyocky may may. Its tough for investors ca that comes out with numbers this afternoon. It is possible that ifhe nunumbers are good, theyill bail out thtechnolo sector and proded the first winner of all the big stocks. I love facebook. It is holding up theech ctor if it es well and expectations arexceptionally high. Stuart exptations are exceioionally high. For the renue and net ofit. Thats hugexpection. Stua okay, ill deal with expectations. 50 and revenues . Thats righ 5. 25 llion from a year ago 3. 5 biio stuartit seems like a setup. If you dont mak