Speaking in a half hourer, and we will see if they made any headway in uniting the party. There is considerable amount of support for donald trump within the house and the senate caucuses, but paul ryan who is an unusually ideadriven and philosophydriven politician has withheld the support, and he is important, because he the highest ranking republican elected oofficial in the country right now, and we will find out in 30 minutes if he believes it is a step forward as reince priebus, the National Republican chairman said it is a good meeting and positive step forward for unity, and we will have yet to hear from others. Thank you, jop. We will see you in about 30 minutes. Thank you, john har woo. And looking at tech, while peter teal was said to be on the trump delegate list, and we will turn to karen on that, and also facebook and how they are courting the republicans. Peter teal is not a surprise. She is a libertarian, and counter to most of the silicon valley, and they are all republicans in silicon valley, and Marc Andreesen is, and he put im with her after the last primary, and meg whitman, a and so most of the republicans are against trump, but peter teal likes to be counter to whatever. So it is not a surprise. Are they coming around to tr trump for the most part. No. Republicans no. Not even not since he was the presumed nominee . No, a lot of the republicans dont want to support him, and i dont know what paul ryan is doing it, because the man who says, lets tell it like it is, and he is not telling it like it is, and so he should be able to do that. They will all fall into line behind him, because the politicians would sell their mother to get into office, so presumably they will fall into line, but it is a good thing that they are having a debate internally, but within silicon valley, they are more romney republican republicans or mccain republicans, and so you wont see a lot of support. The head scratcher for me on a libertarian Backing Trump is that arguably, he is less of a lib ertarian than Hillary Clintn talking about manufacturing and the u. S. , and what he said about the entitlement spending down the line, and he has taken positions that could drive a libertarians crazy. But it is more of a clinton thing than trump thing, and p e peter has a lot of unusual trades as you know personal, and everything, and it is always something counter, and this is what he is doing. And on issue, is tech solidifying around trade or visas or what is it . Well, it is not fully backing Hillary Clinton yet, and they are going to, and it is the same thing, they were completely enthusiastic about donald trump, excuse me, president obama, and here they are sort of moving in, they are going to support her for the most part i think in general, but a lot of the younger tech people supported ben bernanke, and so that is an interesting trend. You know, the millionaire supported Bernie Sanders, and the billionaires for hillary, but it is interesting, because most of them are democrats in some fashion. And certainly, the conversation is only goinging to be heating up. Same thing with facebook and i think it is a kinnard and ridiculous, and obviously Cheryl Sandburg is a big supporter of Hillary Clinton, and the way that Mark Zuckerberg is talking, he is clearly well, he has not declared, but if you go on the platform, you can find plenty of both sides, believe me, and it is typical for the po politicians to attack. They have done it before. And the point is that gizmodo didnt have the goods. That is what jon has been saying all along. It is so typical for the politician, and it is so unfair that it is run by well. You know. And we have not seen the story yet. I cant imagine that they would they want everybody on the platform, and i think that everybody and again, if you go on there, and there is plenty to be seen from every single side of the universe. And plenty of people to unfriend if you dont want it in your feed, too. And you can see who you like, and therefore, you can see, and you will get a certain point of view. And i have seen it happen on both sides of the spectrum though. There is not unfriending as far as im concerned. And people you may know. And the unfollowing should be a new trend. And is there a level of facebook pressure of how it gets to the trending or the algorithm or we are a newsroom . Well, the platform, that is what they want to call themselv themselves. And the government is in a mood to hassle the tech these days with the facebook and the google, and so in some cases justified around the monopoly, and things like that, but in other cases, why not attack . Well, tech is kind of the flipside of government right now. You have the executives like Mark Zuckerberg setting up the companies to be less accou accountable, and they can move faster, and congress, and what is the last thing that congress did . Most people are thinking that there is gridlock, and they cant get anything done, and too worried about the implications of this network where where as zuckerberg is just insta and thy old men shaking their fists at the internet. And sometimes they are angry old men. And our first candidate is donald trump who is fantastic at the social media, and he is using it, and social pedia has been good at donald trump, and so to say it is a platform that is antianything, i dont know. It seems silly. Next up, cowen says that it thinks that amazon is going to be displacing macys as the number one retailer in the u. S. , and amazon hitting another new all of h time high. And i made a list of netflix versus amazon, and google versus amazon, and walmart versus amaz amazon. And it is like a bruce lee fight. They are good at delivering the goods to people. I covered the retail for eight years. They are not good at this. They are not good at digital and not good at delivery, and amazon beats them up on this area, and anybody who uses these services knows it. And cowen note says that amazon is going to be the number one u. S. Apparel retailer, and we dont think of amazon as a retailer for apparel. Well, me lineals dont mind to order it and not go to the store to try ut on. People are willing to get stuff in the mail, and a lot of retailers where you buy things, and send it back or get a bunch of them and send it back. If it is shoes or something that i know what size i am, i dont mind to buy it on line, and also, zappos and they specialize in the clothing, and the physical reterrell of last resort, then buy it with the app on the phone or through the web, then i will get it. And ever lane, and glasses with war by parker, and it is fascinating what people are buying online and returning. And speaker ryan and donald trump have issued a joint statement, and this is what appears the be the headline. We had a great conversation this morning and while we were honest about the differences, we recognize there are many important areas of Common Ground and we will have additional discussions, but remain confident that there is an opportunity to unify the party for the fall, and this is the first meeting, but we expect there is going to be unification. You know where it is ending up. Where . We hate hillary. It is the partys mission. It is so kabuki crap. I am glad he is saying it, but they will all come around. They will. They have to. And how important for paul ryan and his ilk to say, we actually love donald trump though . Well, they will be with the nose held. You know, they will never really can they get away with saying, we hate hillary and so does donald trump, so lets go and lets win. Ta have to distance themselves enough in case it is a disaster. If they embrace him, and do a Chris Christie which is looking like a swedish prisoner, and stockholm prisoner, and if you do that, you are totally linked to him, and if you are working on the Common Ground, the Common Ground is what they will say. And a live picture outside of, and in is maybe on capitol hill. Exciting photography. And we we were told at the hill he would not make an appearance as he exited the rnc headquarters, but obviously, peppered with the questions at the lectern if not before that. And you are already warming up to the politics. I love it. Are you kidding . But after the few weeks ago after aspirations. I love politic, and im going to be a tell it like it is like donald trump. And you believe you can get elected like that . Well, it is working for someone. And it is working for some person. Are you kidding . Why do you think that im kidding . Are you going to be raising money to run for mayor of san francisco. I have to. And what is the core issue housing . Housing and the income equality going on in san francisco. Huge local issues for san francisco. And bringing together tech, and it is obviously important industry. But it is not for me, and this is just quickly, what about all of the companies who you hammered . I am going to keep hammering them. Do you expect to get their support . I will, i do, and who else . And speaking of the stockholm syndrome which is like mark an dree san. And you know who sells good at twitter, kara swisher. And donald trump said that raising money is not effective, and how do you spend 1 billion if you dont buy the tv ads . Well, it is not just donald trump, but Bernie Sanders and people are saying, why do we do it this way . And let hs do it another way like in silicon valley, and whatever side you are on, it is fascinating the things that both candidates are doing, trump and sanders. And i want to draw your attention to apple below 90 for the first time in two years and google replaced it in market cap for the number one position this morning, and this is below the flash crash low of last august. Yeah, yeah. And is that fairly punished . Well, you know, they have to come up with great product, and people expect a lot from apple, and they fool that they have not been deliver iing on a lot of things, so they have to show me the products. And that is the product company. That is where are they in the vr and what is going on with the selfdriving cars and what is going ob with the watch . Is that something that you are going to be sticking with . What can you do after the iphone, and the iphone is the most fantastic product in all of tech. And we were talking about apple being the first trillion dollar market cap, but the cap is now below 500 billion, and this is the half of that, and the first time below that, and jon, people are saying, that is the risk of the big numbers, and amazon hitting 1,000 a share, and remember when amazon was to hit 1 billion in cap, and these market numbers have risk associated with it. And true, but in february, amazon was below 500 a share, and people said, well, you should not buy it here, because it is going to go lower, and now it is the last near these levels is before the iphone 6 cycle which turned out to be a monster cycle for them, and people were saying, oh, the iphone, and what can they do with it, and make it bigger, and they made it even bigger and it is going to be just like samsung. And a tough comp ob that, and so who knows what could happen with the 7. 0 cycle, and they can afford the make mistakes, because they have an enormous cash cushion. And yes, the ideas, and the next group of ideas are expensive ideas, and cars and vr, and in home stuff. It is not as easy, and that not to say that they are not in the position to do great things, but it is harder. And unfortunately, you cant do a slow clap for all of the fantastic innovation, and they are. Believe me, i believe that the iphone is the single most important product to come out of silicon valley. One of them . Well, electricity is very good, but that came out of new jersey. Semiconductor. And the product that really changed the game. I think that everything after that now, we are into the cars and home, and into the Virtual Reality, and it is a really, and especially the Virtual Reality and augmented reality are interesting. Are you prepared to say that the next big swing will be cars . I dont know. I dont know where they are, and nobody knows. I dont know where they are in vr and they have not made it the way that google and facebook has, and so it is an interesting time. I would say the home probably would be, i guess. But they are not in and look at the echo, my beloved device the echo, and they are not in that, and google had a scoop about the chirp from google. Apple is not in that business either, not very much. And so if apple were in it, it would be held to a entirely different standard than amazon with the echo, unless they are in inhome device talking to was doing millions of units in the first couple of quarters people would say, what is the matter with it . And the follower. They had the home kit, and people were to be building on top of that, but it has not live picture here of the lectern which is by the way an active atmosphere, i can tell you. We just had congressman mccarthy a moment ago at the microphone in advance of speaker ryan, whom we are expecting in the next 15 minutes on the spectrum of politicians and the time punctuality, speaker ryan is generally right on the money, and so we dont expect him to be la late. Can we drink every time he says Common Ground. I have a show to do, but you can. We have to be here for the next 45 minutes. And we will try to squeeze in a break ahead of ryan. Thank you, and you bring the fire, kara swisher. Thank you for joining us. As we are watching the apple shares slip, the markets have been deteriorating as well, and apple is taking 20 points off of the dow, and now it is 50 points into the retail which is a big drag across the booard for s p and we saw claims disappointing for another week, and something to watch there, and nasdaq is fearing the worst largely because of apple down close to 1 . There is more trouble of retail with shares of khols slipping after earnings and revenue missed the estimates. The Company Called it challenging slowdown, and now, one more look at apple hitting the 90 or below the 90 mark for the first time in little less than two years, and the lowest intraday for apple since the summer of 2014, and google or alphabets cap becoming the Largest Company in the world, and carl, again, it happened earlier in the year, but it happened again. And so we are waiting for comments from speaker ryan after his meeting with donald trump, and we will take you there live as soon as it begins. Back in a moment. In a few moments House Speaker paul ryan is going the speak about his meeting with donald trump, and john harwood is in washington watching this all morning long. And trying to parse the statement, and they say that we were honest about the few differences, and that it is just the first meeting. What do you think . I think it is a pretty positive outcome from the Republican Party point of view. You have a joint statement from donald trump and paul ryan saying that positive step forward, honest about the differences, and we will keep talking, and emphasizing the importance of winning the election in the fall, and united against Hillary Clinton h, and that is what most paul ryan has not gotten all of the way to say that he is going to endorse donald trump, and something that he has found hard to do because of how powerfully he feels about the issues as well as the tone of the campaign, but you can bet that they talked about all of that and keep talking, and we will hear from paul ryan in a few minutes with more, you know, granularity about what the back and forth was, but it is a good outcome for the republicans. And quickly, john, how much pressure are the house members to pick a side here, and in turn, how much pressure is ryan under right now the pick a side . Well, i think that most republican members of congress if they are in vulnerable districts, they have an insensitive to distance themselves from donald trump. If they are in strongly red districts, and districts that supported trump, they are already for him. Paul ryan has got some pressure from the members to unite the party, and make it easier for them to win the election, but there are some members in those swing districts who have a different set of incentives, and so it is coming from both sides at paul ryan, and when he made that Statement Last week, he was trying to protect the vulnerable member, and i expect that he is going to continue to troo u to do that. We look forward to hearing from him in a few minutes, and a large shot of that room, and john, thanks. We will get to the european close. Yes, the western european markets is really followthrough with the losses fromle wall street down to reflect that, and now they have basically stayed. The bang of england governor mr. Carney is casting the pigeons at the press conference saying that if britain does vote to leave the european union, it could lead to a recession, and i dont believe anybody was expect iing him to be so blunt. And the sharp fall in the uk pound in the vote goes that way and less investment, and the jobs if voting to leave the european union, and in is going to infuriate the vote out campaign, but it is what has been said at the bank of england and from the helm. And some call the uk pound down 15 or 30 if they vote to leave. It is debatable, but what you need to know in london at the moment is a lack of Public Research from the banks, because they believe they can be clobbered by the electoral commission, because they are not registered as participants. We know that bank of england has three windows in the runup to the vote on the june 23. So they will have a chance to get the liquidity they need for their positions. The banks so far this year are down 0 in europe, but some of the insurers have bounced today. And in subject to bou to the bounce, john kerry is there in london for the anticorruption summit, and coinciding with reuters reporting that he has met with barclays and others to do business with iran. Many of them have suffered billions of dollars of penalties with their activities with the iranians, and alleged acti activities, but they are afraid that state laws conflict with the federal law, and after the election, there is a walkback on the iranian deal, sond and so if you are a banker, who do you do business with in that environment . Back to you. And especially the Money Laundering charges. Yes, and the billions of dollars. Yes. And thank you, simon. We are waiting for the com