Nasdaq up by close to 20. Overnight in asia, the nikkei up by 0. 6 . The shanghai deposit was flat. In europe, some of the early trading, youre seeing those positive gains are continuing here the dax is the biggest gainer of the major averages up by 1. 7 . The ftse is up 0. 6 . They finally decided if the economy is is not going to get better, at least we got glory. You almost heard both messages from yellen. The economy is doing okay. She wants something to confirm in one number, i dont think one month would confirm. July, like 20 now. I think its still on the table. We also want to see what happens with brexit. For eight years its been look. The economy hasnt really been getting any better but we got the free money. Weve got the low rates. Lets buy stocks. That still works. There no alternative to move, right . Yeah. There is some corporate news. Some corporate news, not so great news for yahoo this morning. Verizon going to submit a bit of only around 3 billion. The wall street journal also saying going to submit that for assets. Yahoo expected to hold at least one more round of bidding. Unclear still whether dan gilbert who was in the news getting involved with warren buffett, whether hes still bidding or whether other bidders are still in the mix. But that is the latest on that. On the yahoo auction, if will you. Apparently, by the way, there were presentations that was made about a month ago, and they did not go well in terms of showing how fast the business has declined. Its a scary thing. The other piece of tech news this morning, got to go to asia for this one. Apple selling a 30year u. S. Dollar bond in taiwan at a yield of 4. 15 . I dont know if you guys want to get in on this deal. 4. 15 . Apple how low how many . 30. Thank you. Issues in the taiwanese markets by multinationals. Intel has done bond deals there. Anheuserbusch. Inbev looking to raise it on what it the first issue of debt in taiwan. You dont want that . 30 years . 30 years from apple. No way. That baby could be on the sixen generation replacement for iphone i mean i have no idea. 30 years . Three years i have no idea what were going to be doing. You means just in terms of Technology Companies . Like the glasses from yesterday. Thinking about when i want to search the web and its going to suddenly appear on my glasses as im doing other things. 4. 15 is not enough. What would be a fail rate for 30year money . Two risks there. Number one, low Interest Rates, 4 . You wouldnt want that on aaa five or ten years ago. Number two, i dont know whether theyre able to pay that back. I have no idea whether its going to be apple or not. Yeah, im going to be there. Definitely, hef made it. Hef made it to 90. Still getting it done, apparently. By the way, my grandfather sold his house when he was 65 on a 25year promissory note and lived to collect it. There you go. There you go. How old this latest squeezy the reason im looking at this, im trying to figure out why this would cause this stock to go up. Ill just tell you. The wires are very straightforward. The shares are Sarepta Therapeutics soaring after the fda asked for more information on the treatment of muscular dystrophy. The agency delayed a highly anticipated decision whether to approve the drug last month, after an Advisory Panel determined it wasnt effective. If youre ask for more information, youre looking for a reason for yes even though youd be going up against the fda panel. Its still on the table, apparently. Thats a pretty big youve, asking for additional information. In other indications if something is supposed to be imminent for approval and you ask for more information, sometimes, the stock will go down. But that stock went back in january. And Alexion Pharmaceutical drug misses the goals. Its for a debilitating neuromuscular disease. Which girlfriend are you talking about, i just googled it. I saw it in the post, hold on to your seat, shes blonde which is a shocker for hef. Thats not a girlfriend its his wife. Good for him. Her name surprisingly is crystal. He is 90. And he gets to stay in the mansion. The guy who bought that mansion is the owner of hostess. Hes 32 years old. He owns the place next door. And hes going to turn it eventually into one and its right on the lake. Really in the south. Theyve got to update it. Definitely got to update it. Ive seen some of the pictures. Leave the room with the bouncy floor. The big party room. I guess its for tap prampoline. I dont know. I. A u. S. Judge has freed gilead from paying assets. It applied for the patents including lying under oath, and other unethical practices. We should also tell you about Global Market news. A new brexit poll finds that the leave campaign is coming up. The 47 of voters voting for leaving the eu. At times, yougoff poll say 45 . And lets check out the currencies this morning. The dollar is down against the euro at trading at 1. 1366. Its up against the yen. The pound is right at 1. 4566. Hillary clinton clinching the democratic nomination with major primaries taking place in six states including california and new jersey. John harwood joins us in the studio. Your siri just went off and said, sorry, i didnt get that. Like Bernie Sanders, sorry, i didnt get that. The interesting thing when is Bernie Sanders going to confirm the ap delegate count. He said overt weekend it would not be accurate if journalists said Hillary Clinton after tuesday had clinched the nomination with enough delegates. And superdelegates right . Yeah, but the argument doesnt make any sense because she has more votes. She has more pledged delegates and she has the superdelegates. So if you say but hes not going to do that. This thing is over. President obama is pushing it toward the finish. Everybody is ready to get their act together against trump. And this is a week when trump has reminded democrats of why they so handicapped. Will he capitulate this week . I think within a week, Bernie Sanders will be out. Will Hillary Clinton win california . Yes, the Clinton Campaign expects to win california. Well see if that happens. But i dont think he can sustain the argument that hes making which is a very weak argument for very long. And so, i think that the combined pressure from the white house, from fellow democrats who are saying what are you doing. A bigger question, does he throw his full support behind Hillary Clinton. Because i heard commentary from him yesterday, bringing up all sorts of situations with the Clinton Foundation. Hes not doing it from a positive perspective. Hes still going at it very negative. Well thats the right question and we still dont know the answer. I think president obama has some influence on it. He said over the weekend, its going to be a contested convention. Thats kind of war talk, right . You just dont have that when somebody has conceded the game. Now, everybody talks bravely until the moment they get out of the race. Right. Ted cruz a few hours before he quit his Campaign Said im going all the way to the next states. We will see what happens. But obama does have a lot of appeal to sanders voters. And thats a way for Hillary Clinton, even if he if he decides to go out with every gun blazing, that will not be good for the democrats. But it will be mitigated somewhat by what the president does. I think the president i think they go to the same socialist meeting every month. I think they talk things over while theyre kicking around the latest in socialism today. Can i clarify one thing . Sure, no, i need to clarify something. 48 points, golden state with the difference in the first two games you said thats not commanding. The only leads that are commanding is duke. They always write in about you. Golden state. And they won by 48 points. Theyve been dominate. Thats a commanding lead. Would you say the penguins have a commanding lead now . Honestly, i dont follow hockey. I dont know where it is. My question is, were you saying a minute ago that the playboy mansion say teardown . Oh, yeah, yes. The bones are good. But in the back, theres a smelly zoo. An old grotto. Pool has like stereo the 32yearold guy is going to build one big eventually. You know, hef if the playboy mansion wants to tear down no, listen. The like stereo equipment out in the pool where they have the parties is like the receiver with a turntable. The internet killed the radio the internet killed the magazine porn industry. Did i see what . Did you sell him that stereo . No, i was never say stereo did you . No. I sold him the boots. Did you ever have i think joe namath did. He was the dingo boot guy. The dingo ate your baby. Thank you. And later in the news you know pfizer shares currently valeant shares thats crossing the tape as we speak. Valeant reporting delayed First Quarter results. Adjusted eps of 1. 27. Falling 10 cents short of consens consensus. Valeant now cutting its full year earnings and revenue guidance. The companys new ceo joseph papa saying the company has made progress towards stabilizing the organization over the last few months. Hell get a little bit of a honeymoon but not for long. In the 8 00 hour, bethany of vanity fair is here. And certain Board Members talking about a Key Management position for him then. Among other, a delicious read between now and then to read it, you should. Only a cojournalist could say it was a deliciously yeah. A cojournalist. Yeah, you are satiated in a hunger way. Its a well done piece. She spent a lot of time. Its tasty and delicious. Shes going to be in here. Its a long piece. I want to give people time to watch us and read it i thought id mention it. Its a segue. You do that with cojournalists, you do that a lot. You know whats delicious . National doughnut day . That was last week. Thats delicious. That was friday. Yeah, wow. And a stupid article in an article in a dine magazine. First of all, its not a dime magazine. Its a great magazine. Lets get a check of markets at the moment, the futures are indicated higher even after the s p closed at its highest level of the year yesterday. The s p futures up another six points. Dow futures up by 65 points. Nasdaq futures up by 20. If we take a look at oil prices, oil up by 2. 2 yesterday. Biggest gain in the last couple weeks. As you can see, its still trading around 99. 96. Yesterday was the highest since july of last year. Were right within striking distance today, 49. 66. Gold prices were up slightly yesterday. You can see this morning that they are i dont know where they are. Tenyear note. 1. 7535 . Gold is down by 3. 60. Still trading by 1,243. 80. The s p is now at its highest level of year. Here to see if the stock market can continue to get higher, steven whiting, global chief investment strategist at citibank. So, i said earlier, if you cant get, like, you did Economic Growth yes. You fall back on the fed and what theyve done. 1, 2, 3. Central banks outside of the United States looking the fed looking thats good enough. For a while. This doesnt create Economic Growth in the long run but the idea that Central Banks have no influence on Financial Markets thats a different story. When you have 30 of the worlds bond markets. You talked about apple at 4 . Investors paying more in chance than return of principal and Interest Payments for 30 of the worlds investmentgrade sovereign bonds. When youve had a 8 year to date. And whats happening with petroleum, you start to say why are we trading lower in equities, dividend deals . Are they down . No. So, weve waited for years, people said baton is going to be handed from staying easy to the underlying economy. The animal spirits will conjure up. Chances are that time has actually passed. There can be things. Economists dont do a very good job of predicting when we have a burst of technological change. We may have skipped the big booming recovery. We may be heading to another recession . Before the decade is out, its very likely well have a recession recovery pattern. The evidence has suggested that we can extend this longer, though. That were not going to have a faster recovery than this. Most of the news suggests that well endorse. The issue particularly for the United States is easy money abroad making it very difficult. Theres no cost of capital for the american firms if youre looking at the u. S. Stock market. The most important commodity in the world, petroleum has had a deep recession. Its the out of sync industry compared to everything else. Weve had so Many Industries that have climbed. Petroleum has had the deepest downturn. Thats positioned for some gains. The rest of the piece looks like were going to continue to limp along with very moderate growth. All right. You know, it is kind of a new paradigm, where you no longer necessarily looking for four or five. You know, its not the economy, its not necessarily earnings that appear like this. You know, youve got all of that free money with assets marked up. Well take it. Yeah, it points to, you know, very moderate longrun returns. Obviously, thats going to get interrupted by recession that always seem to come and will. Its pointing to relatively high valuations in moderate returns. Some you look at the bond prospect markets stock at 4 for 30 years. Calling for a negative . Think of ways of getting 5 for the year. Ten years, and 12 years, twice the yield, right. Steven, thank you. Coming up, disrupters 2016. Companies changing the look of business and the way we live. Were revealing the top five first on cnbc next. James patterson start a reading revolution. Hes got big plans for small books. As we head to the break check out this date in history. Trolling for a gig with braindrone . Cant blame you. Its a drone you control with your brain, which controls your thumbs, which control this joystick. No, im actually over at the ge booth. Were creating the operating system for industry. Its called predix. Its gonna change the way the world works. Ok, im telling my brain to tell the drone to get you a copy of my resume. Umm, maybe keep your hands on the controller. Look out ohhhhhhhhhh. You know what, im just gonna email it to you. Yeah thats probably safer. Ok, cool. [ playing the starspangled banner ] i heard that. It was metalica playing the National Anthem last night before game four of the stanley cup finals. Didnt really change the outcome, even though the guys were wearing San Jose Sharks jerseys. James hepfield and they got the game going. Pittsburgh won, the series in favor of the penguins 31. 2016 cnbc disrupter 50 list released just moments ago. A ranked list of the worlds most ambitious and innovative companies. Julia, good morning. Good morning, andrew. In the fourth year of lists, the desire disruptive, has only grown for 700 companies feeting for just 50 spots. The most competitive process yet. Our team at cnbc read ever single submission and scored and researched each from a trio of new data partners all to come up with a definitive list of the worlds most disruptive companies. Top five. Number five, 23andme. The Genetics Company survived a near death collision with the fda. Next up, drug development. Were collecting over 2 million data points every single week. And with all of that information, were able to start to understand the genetic basis of disease. Number four, palantir. The secret of startups helps rate from Financial Services to law enforcement. Makes sense, big data can solve the worlds biggest problems. Number three, ezetap bringing the cashless revolution to the worlds subscribers and beyond. Number two, airbnb. When you travlel, you should not go there, you should live there. The company has upended the hotel industry. With new user generated guide books, airbnb is going after the entire travel experience. And number one, uber, all that is loved and hated about the ondemand economy, uber continues to push with new services with food delivery and its even looking to disrupt its own Business Model with driverless cars. The question with uber is do we resist the future, or do we find a way to become a part of it. Overall, the companies have a combined valuation of 242 billion. 31 of the 50 are unicorns. Even those are worn 10 billion or more. Andrew. Thank you, julia. Were going to have a lot more of disrupters ahead on squawk box coming up at 7 40 a. M. Number 37 on the list, the founder of tissue coming up on the show. The playboy mansion may have a new owner but another mansion on the east coast is grabbing headlines for getting torn down. Thats next. Plus, the chairman of the House Services committee Jeb Hensarling tells us how hes planning on helping. Now a list of todays winners and losers. Experience the thrill of the lexus gs f sport. Because the ultimate expression of power, is control. This is the pursuit of perfection. They are. Do i look smarter . Yeah, a little. Youre making money now, are you investing . Well, ive been doing some research. Let me introduce you to our broker. How much does he charge . I dont know. Okay. Uh, do you get your fees back if youre not happy . dad laughs wow, youre laughing. Thats not the way the world works. Well, the worlds changing. Are you asking enough questions about the way your wealth is managed . Wealth management, at charles schwab. In new york state, we believe tomorrow starts today. All across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. Like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. And in syracuse, where imagination is in production. Let us help grow your companys tomorrow today at business. Ny. Gov welcome back to squawk box on cnbc. First in business worldwide. U. S. Equity futures are lookinging pretty good this morning. Up about 60 points after a meltup that we saw yesterday in the average after falling off slowly up 10, 20, this time in the morning. Slowly higher and higher as the day went on