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Good wednesday morning. Welcome to squawk alley. Our john ford sought side trump you toer in manhattan as the president elect meets with those tech ceos. It does bring us to our top story, donald trump hosting top executives from Silicon Valley including tim cook, cheryl sanldzberg and elan musk. What is the latest . Carl, the ceo of oracle just showed up about 10, 15 minutes ago. You might note it is quite a bit ahead of when we expect that actual meeting to be this afternoon. So interesting that shes coming early. Im trying to get some insight into what she might be doing here at this time o...

And others were looking for higher prices. For the second time in two months, opec mebdz unable to strike a deal. This meeting was also relevant because for first time in 25 years, the saudis set a new oil minister and we heard from him for the first time coming out of the meeting. Of course, he talked it up. Listen. We are extremely happy. I think the market is in good shape. The market is balancing. Trends are all good in terms of supply and demand. Prices have recovered somewhat. I believe they will continue to recover. Spirit of the meeting is very cooperative, collaborative and all of the...

To get that, but you never know what happened in this final hour of trade. And could arthur dampen the rally . Im not talking about the arthur sitting next to me. The fourth of july could be washed out on the eastern seaboard. It is expected to become a hurricane soon. And the real damage could be done expected at the fourth of july holiday. Well talk about the winners and losers and get you an update on the storm. Also, women cannot have it all. Thats what pepsis ceo said and that candid and controversial statement has been lighting up twitter and getting a lot of action. Were going to tell y...

want. did you get what you wanted to get out of this negotiation in terms of priorities going in? and was it worth whatever sacrifice was made over the last three, four weeks with replacements? >> you know, these negotiations are tough. labor negotiations and labor management disputes are difficult periods. and what's most difficult about it is you have the two parties but you have a lot of parties outside the room. they get impacted by it. starting with our fans. and we're sorry to have to bring our fans through that. we're sorry to bring the general public through that. that's unfo...

herera. "power lunch" begins right now. hello. welcome to power lunch. i'm bertha coombs at the realtime exchange. a sea of green on the wall. dow industrials up 1.5%. s&p following suit. they're both up exactly the same. but it's the nasdaq that is up nearly 2% on the day because apple today is recovering. taking the pulse of the market, oil is higher even as the president takes aim at speculators. speaks as speculators are unwinding bets on brent. leaving wti up more than 1.5%. and that brent premium has come down to less than $14. gold also edging higher today as well. continuing ...