Meddling well discuss the potential impact for facebook and for the other big tech names. Speaking of big tech names intel Ceo Brian Krzanich will be here for an exculusive interview about the companys new Autonomous Vehicle partnership with alphabets waymo unit that will be coming up a while from now. That will be very interesting. Plus, find out whether a nearly 8 billion Missile Defense deal could signal more deal making on the horizon for the Defense Industry which is enjoying alltime highs in this market today. Lets start, though, with facebook feeling more pressure from washington over those russian ad buys ahead of the election Julia Boorstin has the very latest julia . Reporter hey, kelly. Facebooks under fire for recent revelations that russians bought ads on the social network to influence the president ial election House Intelligence Committee Ranking Member adam schiff is calling on the company to testify before congress saying im distressed it has taken us this long to be
Year lingered for more than a month. Russia thinks it is sensible to extend the existing deal with opec on Oil Production cuts for at least six months. According to a Government Official with knowledge of the matter, russia exceeded its target of cutting production on monday and the cuts are aimed at firming up oil prices. Opec ministers meet may 25 to discuss extending the agreement. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Live from bloomberg world dquarters in new york, we are 30 minutes from the close of trading here in the u. S. Mixed. Stocks trading after the fed decision. Joe the question is what did you miss . The fed holds rates steady. Interest rates unchanged in the unanimous vote. Another tech giant reported today, facebook reporting firstquarter numbers in a half hour. Can they deliver on mobile ad demand . With a reportive card on the Trump Administration and what the next blacks one could
15month low. Australia cutting rates, auto sales on the way. Roadmap begins with tim cook. He joined jim on mad money last night covered everything from innovation to china to revenue to the companys value. Global data driving futures. Well tell you what to expect on wall street today. And shares of aig down in the premarket after earnings. Peter hancock will join us live. First up, tim cook defending app apples latest results and the stock mired in a slump. He was on with mad money last night. If you talk about macroheadwinds, difficult compares dominant. Yeah. Currency, no new iteration yet. If youre going to be opportunistic wouldnt you say let all the hedge funds blow it out and then well make a statement . Well, opportunistic to me means you buy it when you think the companys undervalued. We believe the companys undervalued. All right. I got to get your thoughts on what he said and whether it changed your view in any way, whether it should change other peoples views. I think if yo
Cnbc. And we have a great lineup. We have our host for the hour with jim chanos, and david rosen will be here as well as carson block from muddy waters. And jim, you have had a long history here at sohn and we will go through some of the picks through the years later, and before we get to that and get to some of the thoughts on china, and get to the breaking news of john kasich leaving the president ial race, and it appear appears that though the dance floor is cleared for the trump clinton ticket. What are your thoughts . Well, scott, first of all, thank you for having me here, and it is a pleasure to be here. We are down to the twohorse race obviously, and going to be hillary versus trump, it appears, unless there is some lastminute machinations at the republican convention, but at the very least, it should be interesting august, september, ookay, and we have not seen anything like this. And it appears we will not see a contested convention at the way it looks now, and are you disapp
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