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Trading lower. Apple and anike hitting fresh record highs bank of america analyst throws in towel on his cell rating. Well have more on that. Kelly. Thanks. The excitement over phase one of a trade deal has turned to confusion as china says another round of talks is necessary. Its not even a complete workday here at the white house. Theres not a lot of bodies in the building to explain exactly where all of this stands the treasury secretary is here he was on cnbc this morning explaining that there is still a lot of work left to do in phase one. Here is what he said we have a fundamental agreem...

Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla here is jon fortt. Morgan brennan is at the International Astronautical congress more from morgan and amazons jeff bezos in a moment well begin with Wework Softbank plans to take control of that company valuing it between 7. 5 billion and 8 billion. A huge drop from where it was valued, also cutting adam newmans stake down to double digits good morning to our guests good morning. Mike, i know that youre f m familiar with softbank, softbank a big investor in uber why is softbank doing this with wework is this an existential mome...

An umbrella tomorrow. We do have what changes coming our way. But it will fall on the weekend. And so that is some good news because it is going to come during the early hours, in which case it could have been the morning commute. Here is a look over at San Francisco, where we have partly cloudy skies to start the day. A little bit of fog out there this morning, and temperature wise its a cool one in areas like santa rosa 47 for you there, 53 in oakland and 56 over san jose. Afternoon highs for today, upper 50s at the coast to mid 60s in San Francisco. Low to mid 70s around the bay, mid to upp...

Slide. The hang seng was up by 3 4 of a percentage point shanghai stocks closed down by 1 3 of a percentage point in japan, the nikkei higher once again. Another 100 points gain of half a percentage point. Trading at 21,255. In europe there is early trading taking place there are modest advances. It looks like the dax is the biggest gainer well continue to keep an eye on that. Were watching a developing story in the oil market. Crude and brent, they are moving higher on news that iraqi troops have seized parts of oil rich kurdistan. Theyre moving into parts of the city of kirkuk the u. S. Has ...

Dom, thank you very much for that good morning, its 8 00 a. M. At disney headquarters in burbank, california, 11 00 a. M. On wall street, and squawk alley is live good tuesday morning, welcome to squawk alley. Im Carl Quintanilla with sara eisen and john fortt on the new york stock exchange. Scott galloway, of course, from Nyu Stern School of business is at post 9. Good morning, guys you can guess what were going to talk about at the top that is acquisition talks sending shock waves through the media world. Disney reportedly held discussions to buy most of 21st century fox, increased competiti...