figures for the apple watch. some commentators believe the accessory is a clunky dud while ceo tim cook has hinted apple's wearable division is worth between $5—6 billion. what you writing? i love chris. i love working with chris. wishful thinking. with us is maike currie who's investment director at fidelity personal investing 0bviously obviously the french newspapers make fascinating reading if you can read french. luckily savvy can do a bit. they are focusing on the presidential debate last night which was fiery and very personal. presidential debate last night which was fiery and very personalm presidential debate last night which was fiery and very personal. it was very personal. a clash of politics and personalities. the two candidates can't be more different and while the key issues for these two are around europe and immigration, there is a bigger issue and the big debate and that is the debate about times, around nationalism versus globalisation, the world versus the nation and that is quite interestin

jonathan: apple watch. culprit is a little button on the side of the watch. one woman said it was accidentally pressed when she was leaning against her shopping cart. others are stunned to hear who was on the line. >> 911, what is your much as a? >> -- what is your emergency? >> i'm so sorry, i hit something on my watch on accident. alison: in that kansas county, there have been 131,000 mistaken calls since last year. on your apple watch, you can turn off the function that causes the auto-dial. if you find yourself make it an unattended call, 911 operators say you should stay on the line because if you hang up they legally have to call you back to make sure you are ok. was 76 degrees today at reagan national, slowly stormwatch 7 satellite and radar, not a lot going on around the capital beltway. widely scattered showers to the west, front royal and harrisonburg. willore of the system that arrive tomorrow was still well to the north and west. that slides to the east through the morning tomorrow, and it will be a slow go for parts of the early morning rush-hour

the apple watch is 97% accurate in detecting the most common and abnormal heart rhythms. this video was provided by apple. using cardiogram app holding efforts to identify and preventing strokes in the future. >>> a lot of love in the area, summer is just around the corner. >> we show you how you can experience summer of love. >> in separation of the 50th of anniversary. the summer of love. on the road to the summer of love. >> this summer of love is many things and to many people, you can see it as our exhibition tries to help you understand it as a combination of a lot of different revolutionary and what we kind of prove together. >> young people flock to san francisco to be at the heart of that social revolution. from political protests and festivals and everything in between. the exhibits will take you back through it all >> you can pick up a pink phone or blue phone or orange phone and hear, you know, greetings. we hope that it is a really beautiful historic experience and a personal experience, of course, beautiful aesthetic experience as well >> you can find more i

telling christina farr that tim cook has been testing a vice connected to an apple watch that tracks blood sugar levels after we brought you reports that apple is working on a holy grail device for diabetes. guys, interesting for sure. and certainly important to the community of people looking to manage their diabetes. but does not strike me as a mass market, everybody's got to go buy an apple watch now situation. >> no. is it expandible to other specific applications? in other words, is it going to be a platform for other health-related apps or functions? i don't know if that will be the big thing. >> what's the alternative? sticking yourself with a needle a few times a day? that's a pretty amazing feat if they can pull that off. i think that's what tim cook said about it before. >> what's interesting is that tim cook has said apple has tried to avoid getting into highly regulated areas. they like the freedom to sell what they want when they want. if they're getting into an area like this, and making medical devices it's a new -- >> whole different ball game. we will watch that. we

they say they're getting accidental calls- because of the apple watch! the culprit -- a the culprit -- a little button on the side of the watch. one woman says it accidentally was pressed- as she was leaning against a shopping cart. others- simply stunned to hear who's on the line. just in that kansas county- there have been 131-thousand mistaken calls last year- including accidental dials and watch mishaps. on your apple watch you can turn off the "hold to auto call" function that causes these auto dials. if you do find yourself making an unintended call, 911 operators say you should stay on the line. if you hang up, they legally have to call you back to make sure you're okay. a golden retriever named "kenna" has a new "leash" on life thanks to the help of one virginia man. born without a foot... she got her first prosthetic at just 8-weeks old. it was made by derrick campana, dulles airport. he's made them for dogs, cats, horses, goats and even elephants! they take about 3 hours to make, and cost an average of one-thousand dollars. you can watch our fu

. >> apple watch, you figured out how to make that work? >> apple watch works very well. and our partnership, they were very helpful in getting on the phone and helping people with the watch. >> refresh people where you are with vera lrkverallee relations product development relationship and we have licensed a lot of technology and actually a lot of brain power, some incredibly smart people to minimize our products and make them more efficient and make them able to communicate with more thing. >> will it be a gen 6? >> our no calibration 14-day sensor. >> no calibration 14-day sensor, very big break through. >> very big break through and we haven't started the studies on that but we will. and the product after that one is where we take all this miniaturization and put it in a package about the size of a penny. if you can put something the size of a penny on your body and measure glucose continuously. as we look at the future in diabetes type 1 management and diabetes type 2 management. >> i'm glad you came on and clarified. thank you from our viewers. that's kevin seyer p

ceo tim cook gives his outlook on wearables, saying the apple watch sales have doubled year-over-year, calling it the best-selling smart watch in the world. this is bloomberg. tim cook: if we combine apple watch, beats headphones, the wearable products revenue in the last four quarters was the size of a fortune 500 company. ♪ emily: we are continuing to cover apple's second quarter earnings report, the world's most valuable company sitting on a quarter trillion dollar towards chest. the massive cash file -- pile, 90% of that overseas. investors speculate that apple and other cash-rich companies may bring cash flow home under a tax plan from the trump administration. -- theytold me about say depends on the scenario, but they are not announcing yet. let's look at how the stock is trading after-hours. apple shares trading lower. iphone sales coming in below analyst expectations.customers are holding onto iphone s longer, likely waiting for the iphone eight this fall. we are expecting a big design overall -- overhaul. the ceo tim cook says he thinks people are waiting for the new iphone

now available in on the apple watch and i thought is designed to track the quality of your sleep. it monitors your heart rate, your movement, your breathing throughout the night. they've even started. consumers call the product if it could sleep and will play a significant role in future sales of the apple watch. lauren: celtics against the wizards at the home team has dominated by fire. celtic set the tone early. its authors thomas thomas steve avery bradley. boston at 12 and the fans on their feet already. everything falling for the celtics are james carter stressed that falling down. future bill belichick approved. 123-101. the nhl playoff down in pittsburgh. the cats who have won three straight. second. widespread mass to one times a day and for the gold in the playoff. let's watch it again. a beautiful pass. penguins take the leap. later in the second, marc andre fleury is there to make the incredible save. the penguin shutout to accounts advocate of the senators in the eastern conference finals. game seven, decks and oilers. andrew cogley on a put them on that. richie turns

. >>> the apple watch could help doctors spot the leading cause of heart failure. it's a condition that causes over 100,000 strokes every year. researchers at the university of california in san francisco found that the apple watch's sensors can differentiate between normal heart rhythm and atrial fibrillation. >>> spectacle sales accounted for the most revenue during this year's 1st quarter. snapchat says roughly 60,000 units were sold which is approximately $8 million in revenue. the company says there have been five million snaps sent by spectacles since their launch. >>> i'm dennis o'donnell. coming up, the giants are back home. they had two home runs to show for it last night. question was, was it enough? have you seen this man? a no show in houston and why that matters to the warriors coming up. >> and what's cool about your school? email your nomination to us at coolschools@kpix.com and we may feature your school on the show. ,, >>> good morning, everybody. it is back to business this sunday for the warriors who will play the san antonio spurs in the confere

this includes the apple watch, apple tv. --e of these devices see more and more people wearing them. >> racing that -- some people think it will be bigger than the apple watch. >> of the biggest next platform. them, i don't have they're back to being classic. opinion question -- everybody says good things about them. as a apple fanatic i haven't gotten my. . >> is in danger of losing -- over?, lexus, is that quick they're clearly behind on that. clearly the doing as well and on the views. >> i've never seen a person -- except people i don't want to talk to. anytime i see here -- no one here use. [laughter] do you use siri? julie: my kids use it for fun, that's about it. people use alexa. joe: margaret stats, $10.7 billion in china revenue, down from the center last year, when it was $12.5 billion. what happened? this was the story. cory: still of the china story. in a trailing basis that will put china revenues of 22% overall. it's a huge business for apple. placely most important for apple after the u.s., maybe more importa

ceo tim cook gives his outlook on wearables, saying the apple watch sales have doubled year-over-year, calling it the best-selling smart watch in the world. this is bloomberg. tim cook: if we combine apple watch, air pods beats , headphones, our revenue from wearable products in the last four quarters was the size of a fortune 500 company. ♪ emily: we are continuing to cover apple's second quarter earnings report, the world's most valuable company sitting on a quarter trillion dollar war chest. i have a chart here on the bloomberg. the massive cash pile, 2050 $7 billion in cash 90% of that overseas. , investors speculate that apple and other cash-rich companies may bring cash flow home under a tax plan from the trump administration. the cfo told me whatever happens depends on the details of what might get enacted. they do plan various scenarios but there is nothing to announce today. let's look at how the stock is trading after-hours. apple shares trading lower. iphone sales coming in below analyst expectations. customers are holding onto iphones longer, likely waiting for the iphon

watch. people also wore a clinical grade device to measure caloric output. >> we found they were pretty far off most of the time, between 20% to 90% off. >> reporter: this is the lead author of the study and declined to rank the watches but would only say the median error rate of the fit bit was 27% and the pulseon median error rate was 93%. >> these devices are fantastic at tracking your actual heart rate, so much so they're almost close to medical grade. now these researchers say they're very interested in working with these companies based here in silicon valley to make the next generation of fitness trackers even better in. campbell kiet do, kpix5. >>> sky drone 5 giving us an exclusive look tonight at that massive new landslide on highway 1 in big sur. when you see the enormity of it, it's no wonder engineers sale the road may the open until next year. the supplied continues to move. expert say a permanent solution would require a bridge or tunnel and that -- experts say a permanent sol

apple watch that tracks his blood sugar. sources tell cnbc that he's wearing a prototype glucose tracker that could lead to future applications and make it a must-have for people with diabetes. in february, cook told students in consolidate about the device saying it helped him understand how his blood sugar responded to various foods. back to you. >> here's another story people are talking about. automakers about to shell out millions over defective air bags. tell us more about that. >> reporter: a handful of them. toyota, mazda, subaru, and bmw have settled class-action claims over nearly 16 million vehicles recalled that could potentially have faulty airbags made by takata. the company will pay out $533 million. the settlement doesn't mean the end of legal troubles for takata or its automaker customers, but it will secure a lifeline. stock jumping 20% in japan. back to you. >> landon dowdy with cnbc. thank you. >>> coming up on 5:26. we're coming into another warm, muggy morning. that's t's going to be a hot -- it's going

watch. >> yeah, right. so that's how you pronounce it. i was wondering when i had my first cup of covfefe when i woke up. >> exactly. >> we are a day away from the nba finals. how the warriors are gearing up today and special show of support at one bay area landmark. >> and let's take a live look outside with our mount tam >>> the warriors and the cavs are gearing up for the first big media day, the finals ahead of tomorrow's tip off of game one. >> sfo is showing its nation. showing the international terminal decked out in blue and gold. both teams will hold practice and speak with reporters closer to noon at oracle arena. tickets are available for game one on ticket master. they're going for about $400. >> that's not court side, right? >> not court side, definitely not. >>> the nba staying local for the national anthem performance, pat monahan will sing ""the star spangled banner"." >>> espn coverage of the excitement of game one of the nba final starts tomorrow at 5:30 here on "abc 7 news." you can join

for the apple watch. a lot of watches. disney coming out "after the bell." they did report makes second-quarter numbers. the company be done in the $1.50 per share above the analysts estimate that they missed on revenue of 13.3 billion. this is of course coming and continued weakness at espn which they talked about in the wake of recent fats affect the intestines of on-air talent. they give their subscribers in the quarter. 12 million action glosses over the last six years. there was some good news in there. disney parks are an increased 9%. studio entertainment increased 21%. obviously big part of that was the "beauty & the beast," nasa had a nice above the continuation of the "star wars" franchise in the fiscal second quarter for disney. they expect in the free market. maria: cheryl, thank you it may come back, volatility in the market. what it means for a buying opportunity. pepsi getting fired up the soda giant teams up with 711 to put a hot hot twist on a cold tree. look at the new drink is to follow

he would like an apple watch and he would want to swipe around and play games and do all this stuff and that doesn't provide that. i would have a job convincing him to wear that, i think? no, i agree. and that's the thing, it's trying to keep that on a child. what i'm trying to do is work with various partners to make it more exciting for children. so when idomy more exciting for children. so when i do my crowdfunding and when i raise funds licensing would be something i would be looking at. so iimagine something i would be looking at. so i imagine this watch with the strap, with star wars on it. something to keep the child interested as well. a word about your background. investment banking to creating watches for kids. join the dots for us. watches for kids. join the dots for us. 0k, watches for kids. join the dots for us. ok, so i used to work in foreign exchange sales. i left the business to have children. and then yeah, that was it. that light bulb moment came when i took my kids to the farm. have you ever looked back? no, i love what i'm doing. you look after the children and try

what percentage will buy apple watches? we will see the same thing here. it will appeal to iphone fans. i ordered kiper tells through my amazon echo recently and it worked really well. it is great to shout out open -- me some papery towels." what is amazon going to do? what is jeff bezos' countermeasure? see. we will seem -- put theiroal is to anxa voice service as ambient technology. selling fromw is their factories. they are selling lots of stuff during the holiday season. that is never going to change. the echo and alexa is the new conduit for people doing that. betty: thank you so much, interesting to see that. up next, shifting gears. chinese ridesharing service expands asia and beyond. this is bloomberg. ♪ yvonne: we are counting you down to asia's first major market this oh -- this morning. japan futures slightly higher today. the dollar yen holding onto strength we have seen in the last three sessions. capital spending numbers coming out in the next couple minutes. this is "daybreak asia," i am yvonne man in hong kong. betty: and i am betty liu i

whether it was google glass or the apple watch. it didn't fully, you know, change the way we live. i keep hoping apple will do that. i have a deep suspicion that the new iphone will be truly great but at the moment it's a company sitting on as you said a quarter billion dollars in cash. it's not -- >> trillion, yeah. >> $250 billion in cash. it's not in the dna of apple to return that to shareholders. i remember years ago being at a shareholders meeting with steve jobs and there was pressure from the floor return it in buybacks and dividends and steve got more annoyed with that. i remember afterwards the most polite thing he said about people demanding him to do that was that they were brain dead. used other words that i don't know what they meant. i don't think it's in apple's dna to do that nor is it in their dna to buy big companies. they could buy netflix and tesla and have a lot of money leftover for cups of coffee, but it's not in their dna to do that. they have to innovate have a big new product. >> they also have debt approaching, i believe, $100 billion in dividend obligat

google issued a statement confirming the move but saying they plan to relaunch their apple watch app later this year. jenny from daley city asked about mailing lists. >> seven on your side's michael finney has your answer. >> my question is how do i get off the mailing list? >> i feel your pain. >> i feel your pain. all of us get a ton of mail. if you no locker want most financial offers, credit cards, that type of thing. go to optoutprescreen.com. if you want to stop catalogs go to mail preference services @dma choice.org. this service costs two bucks but it lasts ten years and about 80% of america's direct marketers use the service so you'll notice a huge difference those links are odd so i'll post them on abc news.com. >> i just forget to check my mail. that's what i do. michael finney is heading to alameda to hear your questions. bring your questions and you may ask one on abc 7. you can ask those questions on social media. just post them with the hashtag "sk finney." >>> uber is taking san francisco to court. why it says it's trying to why it says it's trying to protect the priv

we heard that he was wearing a poe toe type on the apple watch potentially a future version of the watch. in that we could see more glucose tracking adding to thing like steps. >> did tim talk about how accurate it is and whether or not they'd need fda approval if it came to market? >> he did not talk about that but certainly they would need fda approval if they were building a device of their own. right now they can connect with existing fda approved glucose monitor and have that device show up on monitors like the phone or apple watch but this would be a new step for apple if they were to bill their own sensors in house. >> thanks so much. >>> so is healthy the next big thing for apple? let's bring the robert. employed to have you with us. the watch is a small percent of revenu revenues but could this be another brick in their services to get into health in a bigger way? >> yeah. i think to your point there's a shortly and long-term impact. short-term it's not super meaningful. if you look at the watch that's about 2% revenue. we have it going into 3% revenue over the next three years.

the apple watch continues to get better with more fitness features, and we also don't see any competition from cheaper makers in china letting up anytime soon. so yes, this is better than expected, but better than bad expectations. emily: apple ceo tim cook talked about how the wearable market is such a challenging market. it is no surprise we have seen players drop out. talk to us about the long-term trajectory for fitbit. reporter: you are right. even the leader in hardware saying wearables is a difficult space to be in. the ceo of fitbit has said his goal is to make wearables a must-have, not nice to have. we have seen them start to move into that direction with newest upgrades. they started to add in better analytics and sleep tracking. they are slated to roll out a smart watch later this year as well as other products. there has been reports they may come out with bluetooth headphones. the bright spot is although they do have growth, they still have a massive installed base of users. a big proportion of them are loyal. they will probably be likely to move on to the smart watch and pu

the apple watch continues to get better with more fitness features, and we also don't see any competition from cheaper makers in china letting up anytime soon. this is better than expected, better emily: than bad expectations. apple ceo tim cook talked about how the wearable market is such a challenging market. it is no surprise we have seen players drop out. talk to us about the long-term trajectory for fitbit. reporter: you are right. even the leader in hardware saying wearables is a difficult space to be in. said hisf fitbit has goal is to make wearables a must-have, not nice to have. we have seen them start to move into that direction with newest upgrades.they started to adding in better analytics and sleep tracking. they want to roll out a smart watch later this year as well as other products. there is reports they may come out with bluetooth headphones. do thing is although they have growth, they still have a massive installed base of users. a big proportion of them are loyal. they will probably be likely to move on to the smart watch and purchase the upgraded products. emily: bloom

apple watch is could get a major upgrade. ceo tim cook has been spotted wearing a new specialized version of the watch. cnbc reported it has a glucose tracker and could be a breakthrough for millions living with diabetes. experts said could be the first noninvasive way for patients to track blood sugar. >>> coming up, could the a's sweep a four game series from the red sox for the first time since fdr is in the oval office? a former golfer needing a miracle on the pga tour. did he get it? >>> what is cool about your school? email us at coolschools@kpix.com and we may feature your school on a thursday morning show. what if there was a paint... ...where each drop was formulated to be smarter... ...even smarter than that... ...so if a color didn't go on evenly, it would balance itself out to reveal its truest, richest state. if a paint could realize the fullest potential of any color... ...you have to wonder... is it still paint? aura interior from benjamin moo®e . only available at independently owned paint and hardware stores

apple ceo tim cook has been spotted around the campus test driving a device connected to his apple watch that tracks his blood sugar. they say cook is wearing a prototype glucose tracker. it could make the watch a must have for people with diabetes. in february cook discussed the device saying it helps him understand how his blood sugar responded to various foods. for the cnbc business report, i'm landon dowdy. >>> it's friday. you probably deserve a little treat. 7-eleven is celebrating its bring your own cup day for a slurpee. it's happening both today and tomorrow from 11:00 a.m. until 7:00 p.m. there are a few ground rules only bring one water-tight cup per person. it must fit upright in the slurpee machine, 10 inches tall. >> don't bring a big garbage pail. >>> good news for your health if you like to eat fast food. mcdonald's says it's getting rid of the artificial stuff in the ice cream. we're talking about the ice cream cones and shakes. mcdonald's says that it has almost completely phased out artificial flavors, preservatives and colors. it plans to be freebie 2025. >> chocolate

watch. >>> to sports. facebook wants to take you to the ball game. it struck a deal with major league baseball to stream 20 friday night games this season. starting with tonight's match-up between the colorado rockies and cincinnati reds. the game will air to free. facebook will piggyback on the local broadcast. the nature of watching baseball is a perfect fit for the platform. another big sign that these online players, be it facebook or apple tv, twitter, google, they are moving into the live sports arena and just heating up the costs for this type of live content. we've seen it in the drama stakes with netflix and amazon prime. live sports now in their target zone. >> sign of the times. >>> it is time for our trending stories. here we go. viral video alert. mark zuckerberg sharing a home video taken by his father of the moment when he learned he got into harvard back in 2002. >> there is an e-mail from harvard. is that correct? >> yes. all right. you want me to open this? >> i don't know. >> does that s

they did find the apple watch was the most accurate and the samsung gear s 2 the least accurate. researchers say the devices doing much better job of tracking your heart rate. we posted a link to the study. it's on our app so you can see how your fitness tracker stacks up. >> we'll tell you how president kennedy's most famouses speeches are getting n ♪ [doorbell] ♪ ♪ when you have doctors working as a team for your health, you get the care you need to help you thrive. ♪ visit kp.org to learn more. kaiser permanente. thrive. ♪ . >>> from the very beginning of his presidency, those words at the 1961 inauguration to that most heartbreaking scene of his son's last salute at the end. john f. kennedy remains one of the most memorable men who served at the nation's helm. tonight we're taking a look at his legacy. >> as we approach the most 100th annivers >> reporter: celebration for the jfk have already begun at the performing art center that bears his name. i talked to the center's president and to the american composer charged with creating a brand new work incorporating som

. >> an apple watch. >> the markets wilding on gains following a volatile week that saw stocks suffer their biggest drop of the year. industrials leading the pack because investors shift their focus to earnings. is this a buyal? financials catching a bin today, up by more than 1%. that fear trade that really spiked volatility on the big sell off, we talked about how weekly futures had gone into backwa backwardation. higher than the front than out the curve, that has reversed comple completely, so they've taken b that fear out. whether it was trump being impeached that caused people to hit the sell button. that's gone now. virtually vaporized. we're down to a vix barely holding in the 12s. >> yeah. did you buy? >> i was fully ib vest ed, so yu think about wednesday, it was really a one-day event. i think the market is telling us a few things. number one, it's not worried about whether trump carries on for a full four-year term or not. not getting into politics. mike pence with a unified congress ain't such a bad idea. the other thing, outside of the politics, is h fundamentally driven,

watch. you are watching cbs this monarch. morning. >>> we are running out of time. john had the honor to speak to the school's ever first graduating class doctors. what you did and what it means for people >> thank z2d1gz z16fz y2d1gy y16fy >>> today we take an adventure to one of d. c.'s hidden gems. >> we're kicking off our monday morning in the great day kitchen with foot network star emila cirker. >> this my friends is great day washington. >> i could go on forever. we thought we'd start gs and a local celebrity chef. you can tell by the red carpet here in the great day kitchen. >> they serenaded me. our special guest is none other than a former head chef for the washington redskins. before that she was a finalist on season 11 of the food network star, please welcome chef emilia cirker. >> i'm awesome, so good to be here. it smells so fresh in the great day kitchen. tell us what you're making. >> i'm making what everybody probably eats on a monday morning, seviche. very traditional. >> i

and stanford just showed a study that shows the fitness monitors that people wear, fite bitz, apple watches really don't go a good job measuring calorie burn. when they say you burned 100 calories walking the dog you probably didn't. the study says the most accurate device, the fit bit surge was still off by 30%. >> thank you very much, scott. well, new at 11:00, zillow, one of the biggest online real estate marketplaces is being sued. one homeowner claims that the estimate of her home is wrong and it's preventing her from selling her home. the south claims that zillow should be a licensed appraiser if it's going to estimate home values. zillow just announced a $1 million price for anyone who can come up with a more accurate algorithm. >> sfo crews will begin a lengthy runway paving project that will affect some travel plans tomorrow and also today. they are doing paving work and relighting a runway. because of recent weather-related delays teams will work over the holiday weekend to meet an early june deadline. just flight status headed out or to the airport to pick somebody up. a dozen fl

. >>> if you have a fitbit or apple watch, you may want to hear this. what researchers discovered about those fitness trackers and how accurate they are. live-stream your favorite sport at the airport. binge dvr'd shows while painting your toes. on demand laughs during long bubble baths. tv everywhere is awesome. the all-new xfinity stream app. xfinity. the future of awesome. >>> welcome back. a grassroots movement to help people in need is gaining popularity. neighbors in san jose stock the small outdoor pantry on union avenue. this is for anyone who needs the food. the free little pantry was started by three women who live in the community. they got the idea from facebook. since then the pantry has taken off. every day, neighbors make sure the cabinet is stocked with nonperishable items and toiletries. >> we just wanted a way for people to not have to share their income and prove they need it. it's here. if you need it, help yourself. >> the neighborhood nonprofit san jose clubhouse donated the property for the pantry and community groups including st

the study said apple watch and fitbit did best. their results fell within 20% of readings by actual medical devices. >>> now, i want to hear from you. the 7 on your side hot line is open weekdays 10 to 2. the number 954-8151. you can reach me through facebook and abc7news.com. >> all right, thank you, michael. >> sure. >> while many people are getting ready to do something fun on this three-day weekend, others are getting prepared for a holiday of remembrance. >> alexis smith from abc7 mornings have details from our partners at hoodline. >> the most important part of the memorial day weekend, remembering those who gave their lives while serving our country. the presidio's annual memorial day event now in its 149th year has become the largest commemoration on the west coast. active mel tri veterans and their families for a special day on monday at the san francisco national cemetery. the formal ceremony starts at 11:00 a.m., followed by a ranger led history walk and community picnic with burgers patriotic picnic and fun for the whol

to his apple watch that tracks his blood sugar. sources tell nbc he's wearing a glucose tracker that could lead to future applications and make the watch a possible must-have for people with diabetes. in february, he told students in scotland about the device. >> if you have the foresight to buy some shares in facebook the first moment it hit the stock market five years ago, you have a pretty good return on your investment. >> though at the time, it looked like a terrible investment. >> awful, just awful. the first day of trading, five years ago, was absolutely horrible. started out fine. five years ago yesterday, big celebration at facebook headquarters. then all kinds of hiccups and technical problems left investors wondering if their orders went through. historically bad day for the nasdaq and terrible for facebook's stock. things got better over the years. i don't think we could have guessed how good, from an opening day of $38 on its first day to $148 a share today. the markets recovered a bit thursday. don't be fooled. there'

bp beats the street on higher oil prices and the being name to watch next -- apple. we'll get you geared up for results. >>> financial shock. president trump says he is considering breaking up the big banks. the volatile trading reaction coming up. >>> and the rise of the wo bot. credit suisse makes a push to replace the man for the machine. that story coming up. it's tuesday, may 2, 2017. "worldwide exchange" begins right now. ♪ >> good morning. warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost. >> i'm seema mody in for sara eisen. always good to be by your side. lovrnlgts l >> lovely to have you here. >> yesterday the dow losing 22 points but the nasdaq hitting another record high, a divergence between the major indices. looking at the futures where they're trading on tuesday morning, if you're just waking up with us. here we go. s&p 500 calling for a higher open by one point. dow jones higher by 13 points. bp earnings, results is something investors are digesting. nasdaq higher by 8. we will keep a close eye on the nasdaq throughout the day. apple

so when your fitbit or apple watch or nike fuel ban says you have burned 100 calories walking the dog, you probably didn't. the most accurate device is still 30% off. they do do a good job of measuring heart rate. maybe we should just eat less candy. >> a man in missouri is sue suing hearsies for underfilling his whoppers and reese's pieces. another woman suing mike and ike's for a similar reason. when kids were little, they did pokemon cards that come in a blister pack. behind the cards was a little square of cardbed that makes the cards look like they're more. when you're ripping off an 8-year-old -- >> do you have no sense of shame? >> exactly, pokemon. >> he's talking to you. thank you. >> we do like bigger packaging, right? it is a big weekend at the box office, sam, with two highly anticipated films hitting theaters which you won't need because you'll be at bottle rob. >> but how can i miss johnny depp in the latest pirates of the caribbean. that was a horrible pirate. i'll never do that again. the fifth movie in the franchise. javier bardem plays a spanish sailor who wants to g

device connected to his apple watch. that would make the watch attractive to the millions who suffer from diabetes or are at risk for the disease. >>> a new study wants you to log off instagram and snapchat for the sake of your health. kelly is way ahead on this. the young health movement found that instagram was the worst social media platform for the well-being of 14 to 24 -- >> is this mental or physical well being? >> so many different reasons i think. that study said that all major social media platforms, including facebook and twitter have a negative impact because they take a toll on body image issues. they worsen bullying, they can cause sleep problems. depression. and loneliness. the other day, two days ago i think, we had the gentleman that climbed el capitan. >> wow. >> the sheer face, the hardest climb ever, 3,000 feet. he actually said that he didn't bond as much with his climbing partner because they both had the stupid phones with them. >> on the climb? >> on the climb. >> no. >> during the climb? >> well,

more people by ipads, apple watches. they all can the. if one link in the chain of the ecosystem breaks there is potential for the rest of the chain to break. the surface.s from it is important they keep this chain of products linked at all times to continue to grow the user base which affects its bottom-line. >> thank you for joining us. looking forward to these upgrades on the mac look. the twitter of china. it may be time to reconsider that analogy. we will have the details next. this is bloomberg. ♪ it's wednesday here and hong kong. take a look at that beautiful skyline. we are 30 minutes away from asia's first major market open. betty: gorgeous here in new york as well. mixed. closed smp finishing up unchanged. you are watching daybreak asia. the first word news. what's bloomberg has been told president trump asked james comey to drop an investigation into michael flynn. our source has a copy of the memo that comey wrote following the conversation withdrawal. comey didn't respond to trump's response which was made a day after trum

stephen: you are up against apple watch and samsung. how do you differentiate yourself, simply on price? >> price is one part, but i think the product itself has many unique things. wheree a feature basically you can scroll this green because it -- scroll these green because it is so small. google has invested in you. their first investment into a chinese company. we all know what happened in 2010 -- they pulled out for political reasons. have you seen meshing with the google and android infrastructure, as a way for google to get back into the china game? 2015ogle invested in us in september. we haveon is because developed many unique ai algorithms that might be very useful for android ecosystems. we have partnered with google on android wear we provide the voice search engine in china. that is the first time google has used a third-party voice search in the world. , becauseid in general a lot of the service is not aware in china, we are able to provide service to customers, which is good for the ecosystem. stephen: where are you positi

lauren: apple is the name to watch today. after the close the company reports it latest results despite what is traditionally a weak quarter after the holidays. apple is expected to deliver its earnings and sales growth. earnings per share up 6% in the year ago period analyst looking particularly for iphone sales. they will either be flat, maybe slightly higher. investors focusing on the seven plus model, which did see success in the quarter. apple expected to increase its buyback program in dividend. its cash pile topping $250 billion. shares of apple store in over 50% in the past year. nicole: angie's list and ihc home advisor into one public adviser company. the deal valued at more than $500 million to iac will own 80% in% to 97% of the new company to plumbers and other home service providers. the new company will be called angie home services. angie's list jumped 42% in extended trading. the are down more than 32% in the past year. iac chairs rocked it, almost 5% after hours. lauren: investor might grow services after the

the apple watch didn't do as well as perhaps they opened for. the apple tv is not, picking up steam as much as they hoped. seems publicly there is a struggle that, again if they put some cash into it, they could boost -- they made announcement around autonomous -- sorry, suspected to have moved into autonomous vehicles and focus in there on some innovation they're lacking. neil: what about becoming like netflix without buying netflix? apple tv, they stream a lot of good stuff. could they become a lot bigger in that sphere? could that be a sign they have the means and equipment and technology they could offer a lot of content? >> they're eyeing original content. so there is the sense that, they are trying to enhance their apple tv offerings. one of the biggest problems, you have apple tv, everything you did, you pretty much had to you buy movies and things like that from apple. it really wasn't useful to people. so if they could continue to create new content it, would be a more attractive proposition for people to turn on their apple tv and tune

it will be a fun summer to watch her political risk. let's get back to apple. during the earnings call yesterday, tim cook offered this explanation for the sales slump. tim: we are seeing what we believe to be a pause in purchases on iphones, which we earlierare due to the and much more frequent reports about future iphone. vonnie: joining us on the phone from palo alto is a managing partner and veteran apple analyst. the iphone numbers missed your estimates and by about 12% for more. is it anything to be concerned about given we had the eighth generation coming up? it 10 was awas -- concern on a scale of one to 10, it is a two or three. it does not change the trajectory that the next big cycle is going to have a javad impact on the iphone growth, so that answer is, i would not be too worried about this. the work we have done has suggested what tim could talk talked about,ook which is people are closing up which explains the shortfall. vonnie: you called the services in the quarter solid. is that enough? we had an analyst yesterday saying services is lagging an

lauren: apple is the big stock story and so is facebook in watching the earnings report closely with the market closes today. posting revenue increases of 45%. facebook has warned it is running out of space. the company will be expected to indicate were all sick ads. investors to watch for the future video strategy in the latest numbers on active user growth. facebook shares for record high yesterday on half of 1%. if you look at the past year comes stock surging ready%. nicole: joining us to talk about apple in facebook, founder and chief analyst with disruptive tech research. good morning, lou. >> good morning. nicole: apple supported rising revenues of the tepid iphone demand. some people waiting for the next one. are you a lover of apple? >> absolutely. some reporters have the flair for the melodramatic. the earnings are forecast at a big shadow over the market and i just think that's silly. the last time around the top about it. it's all about the iphone refresh at the end of the year. the stage is set them to do that. china was weak, but that should've been expected. this is th

he's one of the most bullish analysts watching apple. on monday, drexel raised its apple price target to $202 a share from $185. with the expected release of the iphone 8 this fall, apple is only in the "early stages" of unlocking upside potential for investors. investors.potential for upside potential for investors. more people than ever are making the move to nissan. ♪ because of rogue, the best selling suv in america. ♪ titan, with america's best truck warranty. ♪ and the most advanced safety features on altima and other best selling models. ♪ that's why we're america's fastest-growing auto brand. get 0% financing for up to 72 months on 11 models. ♪ food. water. internet. we need it to live. but what we don't need are surprises, like extra monthly fees. i see you, fee, played by legendary actress anjelica huston. you got me, mark. we just want fast internet for one, simple rate. for all the streaming and the shopping and the newsing, but most of all... for the this. internet for one everyday simple price and no extra monthly

products as customers watched. back in march, police arrested most of the burglars that rammed an suv into the palo alto apple store to pull off a smash-and-grab. >> i'm upset. it's scary. we moved here because we felt safe. and there's a lot of stuff going on. and i don't know what to do about it. i don't know if you have to have a security guard at the door. >> reporter: that's what apple has decided to do at some stores. there was visible security at the chestnut street store in san francisco. guards have been in place since the holiday season when stores became extra vulnerable. in walnut creek, betty yu, kpix 5. >>> an east bay soccer coach is facing charges for reportedly molesting one of his players. the victim is 11. 44-year-old victor juarez was arrested yesterday. police say it involved one of his former players while he work as a private girls youth soccer coach. investigators are trying to determine if this was an isolated incident or if there are more victims. >>> still no arrests in a homicide at a po

and you can find them on itunes and apple's podcast app. you're watching "cbs this morning." apple's ipod casts. you're watching "cbs this morning." ♪ depression is a tangle of multiple symptoms. ♪ that's why there's trintellix, a prescription medication for depression. trintellix may help you take a step forward in improving your depression. tell your healthcare professional right away if your depression worsens, or you have unusual changes in mood, behavior or thoughts of suicide. antidepressants can increase these in children, teens and young adults. do not take with maois. tell your healthcare professional about your medications, including migraine, psychiatric and depression medications, to avoid a potentially life-threatening condition. increased risk of bleeding or bruising may occur, especially if taken with nsaid pain relievers, aspirin or blood thinners. manic episodes or vision problems may occur in some people. may cause low sodium levels. the most common side effects were nausea, constipation and vomiting. trintellix had no significant impact on weight in cli

all helping to fuel here these gains here as we watch apple and amazon, google struggling a little more. all hit record highs, google backing off from, that the others as well, we'll continue watching this through the close of trading. quick looked at ten year, the yield on the ten year hitting a five week high, up 2.4%, investors are selling the treasuries, the yields are going up. it's going to cost you, it's going to cost you less to buy u.s. debt but in return, you're going to get a bigger yield. 2.41% on the ten year. futures pricing in nearly 90% probability that the fed will raise rates in june. take a look at this video right here. furious passengers fighting each other and the police after learning their flight was canceled and they'd miss a graduation ceremy. customers enraged there after 11 spirit airline flights were canceled. 26 were delayed and it was due to a labor dispute between the airline and its pilots union. and just now, a federal court granting spirit a temporary restraining order compelling the pilots to, quote, return to status quo, but customers clearly not hap

insider reporting that several major tech companies have quietly killed their apple watch apps. google, amazon and ebay reportedly removed support for their watch apps and software updates that were rolled out at the end of april. the companies announced they were pulling the apps and the removals have gone largely unnoticed. suggesting the apps weren't widely used. i should also tell you, there's some other speculation out there today that apple's next big product is going to be a competitor to the apple echo -- i'm sorry, the amazon echo. that they may be coming out with some kind of -- >> and google. >> like a google home device or an echo alexa device. obviously i imagine using siri. >> i was going to say siri being the common thread. >> it's a serious, horrible actual voice recognition. i mean that seems like to be a major problem with having a device where you're vocally giving orders or requesting information, and it's a voice recognition technology is not good. then the whole experience would be terrible. >> there are two things going on. >> okay. >> one is that the echo

and big names to watch, conocophillips, mastercard, apple, facebook and cc krchlcvs. a very big week. >> and tesla will be interesting, too. >>> we have a can't miss interview coming up in less than 2 1/2 hours. ben bernanke sitting down exclusively with the "squawk box" team. we'll get his facts on everything from president trump to janet yellen and taxing and a little bit about the economy. be sure to join us for 8:00 a.m. eastern time. >>> some stocks to watch today. keep an eye on casino stocks out of china. 16.3% in april. top expectations and more high rollers last month, the stocks really not moving this morning stateside. >>> barrons so bullish on caterpillar. if the company benefits from commodity prices as well as the prompt of a big infrastructure price. >>> barons saying going bullish on nextera energy use. nextera is regulated utilities to move power across north america. >>> more stocks to watch, u.p.s. maintenance workers could be heading for a strike. employees sent a letter to the u.p.s. ceo over the weekend calling for the company to keep its current

he's one of the most bullish analysts watching apple. on monday, drexel raised its apple price target to $202 a share from $185. with the expected release of the iphone 8 this fall, apple is only in the "early stages" of unlocking upside potential for investors. warriors trying to close out the jazz gordon hayward and the jazz trying to avoid the sweep warriors hot from the start steph curry hits the 3- pointer then follows it up with anotherdraymond green big slamklay thompson with the lay-upgreen 3-pointer warriors led by as many as 24 pointsbut the jazz hang in theredante exum 3-pointer to cut the lead to 10 at halftime 60-50 warriorsjazz cut it to as much as 6 points in the 3rd but the warriors just too goodthompson 3- pointer he had 21 points curry another 3-pointer he had 30 points and 7 assists mike brown feeling goodfinal: 121 95 warriorsgreen: tripple double (17, pts, 10 reb, 11 ast) durant: 18 points warriors sweep jazz 4-0 let's go live to the podium the giants in queens, new york at citi field for first time since winning tha

watch sales doubled year over year. double digit growth in an installed base of a you know, that a knowledge that a billion units and things like that. these are all things that play to apple's strength and i think that's part of why the gentleman change d his view based on this new analysis he's made. >> one of the big mistakes with apple that i've seen is people trying to put it into a box. is it consumer tech. is it hardware? is it software? it's such a, it's such a distracting and in the end, irrelevant conversation. the question is, is apple going to do better or worse in the future and nothing, nothing that's gone on in the last few years would lead any sane person to say that apple's competitive position is not great. or apple somehow doesn't have the where with all to continue to do well in services and in addition, none of that has happened, so this idea that i'm not going to pay x multiple because it's a consumer hardware, you don't know what this is. it's a unicorn. there is nothing else like it it's ever exi