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A quarter mile from the airport. Global news 24 hours a day powered by journalists and analysts in more than 120 countries. And this is bloomberg. Emily this is bloomberg technology. The cyber strike felt around the world. We are live in london where one place ransomware struck. D an alliance with a big competitor. And as retailers struggle to stay above water, one industry struggles to stay afloat. And we will talk to katrina lake. Over the weekend a global cyberattack snowballed to infect 200,...

Shanghai composite up by 0. 2 . The dax is down by 2 . The tenyear yield, 2. 24 . A couple of big headlines were watching. First one, crude prices. Wti crude trading higher after the ministers of saudi arabia and russia agreed needing to extend the cuts. Including russia agreed to cut output. Deciding whether to extend that agreement. A lot of folks will be watching for that. Also, a big developing story out of north korea, the Company Announcing the missile that carried a heavy Nuclear Warhead ...

Good morning. Welcome to squawk alley. Sarah eisen, mike santelli. Joining us this morning, farhat manju. And also jason calicanis, ins e inside. Com founder. Shares hitting alltime highs this morning. Third record in a row. Jeff bazos speaking at the companys shareholder meeting. Now is not the time for complacency. There is no rest. We can not rest on our laurels. The competition is as fierce and challenging as ever. Speaking of not resting, amazon plans to open the door of a brand new booksto...

Also raised. Very interesting cutting edge, well talk about that. An fda panel backed an experimental Breast Cancer drug. Shares of the company soaring, it was up 50 on monday in anticipation of this. The news came out now, another 26 . Meg tirrell will have details in a little while. Puma is good jumpers, we know theyre fast and can get up a tree. The name of the km is puma biotech, not a totally nonsec ter. Treasury secretary mnuchen making comments on the debt ceiling. Reporter thats right, h...

Biggest number was online sales, addly, up 22 . Im seeing what youre doing here. Interesting there. Gaining after the bell moved higher as a result. Energy, big laggard, ironically, after the oil prices dropped, oil stocks went with it after opec extended Production Cuts another nine months, look where there may be opportunities in this particular market. Could this be opposite . Getting worse throughout the session, it feels like, with energy today. Yep. The stock that wont quit, amazon closing...

Down, we will take your questions about additional currency. First, we start with what looks like investor heaven. Stocks are soaring, the dow is up 7 the year, the s p had a record high of 9 t. Nasdaq also had a record up a staggering 15 this year. Its not just stocks, gold is up 9 . Bond is up. Its the same across the globe. So is this investor heaven . Or is it something has to give, guys . Smr smag has to give, absolutely. Right now, i love the graphic and the hearts and everything. Did you ...

Investors, whether u. S. Stocks are really still the place to be and lets waek in jeremy with us once again live from philadelphia. Professor, welcome back. Good afternoon, scott. Professor schiller at the beginning of the week saying stocks could go up another 50 from here. What do you say . I said are you bullish . It could go up 50 . It could go down 50 . The word could does not really mean that thats what he expects. But you know, the momentum is there. The earnings momentum is is there. I t...

Happy friday, welcome to power lunch. Im melissa lee. A look at the markets this hour. Its fairly quiet ahead the threeday weekend. Marginal gains for the dow which is up by three hequarters of a point. S p level. Nasdaq is up by two. All three indices up more than 1 for the week with the nasdaq leading gains. The defense stocks keep on rolling. Boeing, general dynamics, lockheed and northrop all at lifetime highs. Im courtney reagan. Here is what else is happening. The second reading of First Q...

York times leaked photos of the Manchester Bombing scene. President trump and u. K. Prime minister theresa may meeting again this hour at the g7 conference, we are going to bring you the headlines as we get them in. Mark zuckerberg got political at the harvard speech. Hes talking free money from the government. Weve got a big show. Varney company starts right now. Charles we begin on a devastating note where a bus of Coptic Christians. Ashley at last count, 23 People Killed and wounding 25 other...

Was asked three times pointblank whether the president believed that Climate Change is real and all times, he to client to answer the question. He said that the president made the decision purely on the base of economics and what was right United States economy. These are not contradictory things. The white house can answer that question, but at the same time say the president s decision was about this. The dodging a sort of remarkable in that sense, because it is not a difficult question to ans...