i am mark crumpton. this is bloomberg. joe: today's big story, berkshire hathaway billionaire warren buffett buying into amazon. we are joined now by michael moore, who leads bloomberg's finance coverage. standing bybuffett and just buying shares of amazon. >> this was one of his investing deputies. he didn't specify which one made this purchase, but it shows that they are taking an increasing role. they've got their own piece of the portfolio. company has a the huge stake in apple, in amazon. is this a departure from the traditional berkshire style of investing, or is it at the point where they can point to companies like this and say these are value stocks? i think it is a little bit different. he's talked about revealing apple as a consumer company. amazon is not just tech. it is a little bit of everything. when you get into pure tech stocks like oracle, buffett bought in and immediately sold , i didn't really understand oracle's business. there are parts of the tech world that he is still iffy on, but these companies h

i'm mark crumpton. this is bloomberg. >> live from bloomberg world headquarters, i'm taylor riggs. amanda: i'm amanda lang. welcome to "bloomberg markets." here are the top stories we are following from around the world. the fomc drumbeat gets louder. investors expect the fed to stick to patients. that rate decision 30 minutes away. apple'set focuses on iphone sales outlook, rising services revenue, and the use of cash with more buybacks. venezuela in crisis. nicolas maduro remains in power despite the opposition's failure to topple him. we look at the potential spill into other em countries. first, i want to get a quick check on where the major averages are. looks like we are continuing to get record highs on the s&p 500. clearly, mostly unchanged. my focus is all about the tech sector. alphabet leading losses lower yesterday. leading the gains today. we will have a smart conversation with an apple analyst from the street coming up. of course, if we switch the board, all of my eyes are on the russell 2000, small-cap index. this is one of the only major averages that has not made n

we go now to mark crumpton. mark: president trump slammed congressional democrats for pursuing investigations of him and his administration and said he will not talk about an infrastructure plan while the probes continue. at a conference in the rose garden, he took issue with comments made by house speaker nancy pelosi about the president's defiant subpoenas -- defiance of subpoenas. president trump: nancy pelosi it a statement that we believe the president of the united states is engaged in a cover-up. it turns out on the most -- i think most of you would agree to this, i'm the most transparent president probably in the history of this country. democratic leaders were invited to the white house to discuss an infrastructure plan that they and the president have agreed may total $2 trillion. after the president canceled the meeting, speaker pelosi told reporters he took a pass and i pray for the president and i pray for the united states of america. steven nguyentary says the american public is not the right to s

i'm mark crumpton. this is bloomberg. caroline: as mark was discussing, the house judiciary committee has now voted and it is indeed holding attorney general william barr in contempt of congress for failing to comply with a subpoena for robert mueller's unredacted report. 24-16. the contempt resolution ultimately requires the full house of representatives to back it. this is a step they say they are not taking lightly. trump is asserting executive privilege at the moment over the materials subpoenaed. romaine: we want to update you that that disney conference call following their earnings has gotten underway. we will bring you any news out of that as soon as we get it. in the meantime, iraqi week for the markets as wall street digests the china trade talks. schatzker isrik standing by with a very special guest. i'm here with anthony scaramucci. you know him for his time in the white house but he is the managing partner of skybridge, which is holding the salt conference here in las vegas. the last time we sat in these chai

i'm mark crumpton. this is bloomberg. romaine: special counsel robert mueller making his first public statement is probe of president trump began -- statement since his probe of president donald trump began. : after that investigation, if we had have, -- if we had confidence the president clearly did not commit a crime, we would have said so. we did not make a determination as to whether the president did commit a crime. romaine: joining us is joshua green in washington. i want to start with something said, about the idea of the russian interference in our election. have we heard a response out of washington come out of any of the members of congress, with regards to how they will address that? joshua: not much of one. the response from the administration, from trump in particular, was tweeting "no collusion." the argument that the mueller report fully exonerated trump, which it didn't. that is the message and democrats of course responded by complaining and pointing to things in the report. ie of the reasons mueller thin

i'm mark crumpton. this is bloomberg. apple is planning to unleash a slew of new apps, features, and development tools at its annual software conference next month. shares fell after sunday's tweet from president trump appeared to escalate a trade standoff between the u.s. and china. on a welcome note, bloomberg's mark gurman. what is going to be the big idea? what is the overall goal that apple will be trying to present? mark: as it does every year at these wwdc conferences, as they are called, they want to come out with new apps, features, and tools for consumers that will keep them locked into the ecosystem, keep them buying the next iphones, essentially even giving a picture of what will come on the next iphones, but also give developers new features and tools for them to continue to write new apps. one issue that we have heard from some of your reporting as well as other bloomberg reporting is that there has been conflict or competition between the apps that apple is building for itself and some of the third-party ap

. ♪ ♪ mark: i'm mark crumpton with bloomberg's first word news. during his performance today before the senate judiciary committee, attorney general william barr testified he didn't feel there was enough evidence to prove president trump's instructions for white house counsel to remove robert mueller had "corrupt intent." , when he march for came over the apartment, and we were frankly surprised that they were not going to reach a decision on obstruction. we asked the basis for this. is also asked to appear thursday before the house panel, but said he wouldn't testify before the committee insisted on having its lawyers question him before the panel. emergency border funds. according to a document obtained by bloomberg news, the document doesn't seek more funding for a wall. most of the money would go to house migrants and process their arrivals. homeland house as security is in danger of running out of funds they need to deal with the search in migration. hundreds of thousands of cubans have taken part in the country's annual may day march, follow

mark: i am mark crumpton with bloomberg first word news. as you saw here on bloomberg television, president trump unveiled his latest package to help farmers survive his trade war with china, including $14.5 billion in direct payments to producers. house, het the white said farmers can expect their first payment in july or august. >> we can make sure that our farmers get the relief they need, and very quickly. we will be taking in hundreds of billions of dollars in tariffs, in charges to china, and our farmers will be greatly helped. mark: american farmers are struggling to remain afloat as the tariff dispute with china leaves soybeans from last year's harvest channing up. -- piling up. in missouri, first responders are going door-to-door looking for victims after tornadoes ripped through the state. twisters have spread across the great plains and midwest the last several days, along with violent thunderstorms that have led to widespread flooding. at least seven people have died. the atlantic hurricane season is off to yet another early sta