comcast business knows that. that's why you can schedule an installation at a time that works for you. even late at night, or on the weekend, if that's what you need. because you have enough to worry about. i did not see that coming. don't deal with disruptions. get better internet installed on your schedule. comcast business. built for business. >>> win view is an app that lets its viewers bet on sports. and the executives are with us n now. and tom rogers, and hank ratner as well, the vice chair and former ceo of madison square gua garden. and for those who are not aware, explain it, tom. >> well shgs s, it is the om ocombination of live television sports with mobile and gaming. so while you are watching fo football, basketball, baseball or any sport on television, you can play through the app for fr free, and this not betting, but nonetheless, the ability to win cash and prizes and create a competition for natural view in behavior when anybody is watching sports, and we have a tangible way for it to be express

comcast business. built for business. ♪jake reese, “day to feel alive”♪ ♪jake reese, “day to feel alive”♪ ♪jake reese, “day to feel alive”♪ andrea sikon. medical doctor from cleveland clinic watson, let's review the electronic medical record of the next patient.. no problem. it's a pretty huge file. done. sorry for the wait. that was quick. as part of our research, i also compared lab results with notes about prior treatments then cross referenced it with thousands of medical journals. and i get the benefit of much more data, and a lot more time to plan the best treatments. i stay focused 24/7 and never sleep. you sound like a lot of medical students i know. >>> welcome back to "fast money." a news alert. more from headquarters. kate? >> melissa thank you so much. updetails on pershing square capital. having a rough year. they announced recently they've added about 5 million shares of valeant. of note air products. it looks as though they've decreased their air products position by quite a lot. how

comcast business. built for business. >>> hedge funds are having a rough go of it lately and one legendary money manager is blaming it on a dwindling talent pool. hedge fund titan steven cohen saying this at the milken conference earlier this month. >> frankly, i mean, i'm blown away by the -- you know, the lack of talent. it's not easy to find great people. >> well, cohen's .72 is trying toe find the next generation of great stock pickers and gave our kate kelly a new look inside the trade school. tell us about it. >> scott, i recently spent a morning at cohen's firm making the pitch for this newly established school called the academy. >> beyond financial accounting and beyond economics, also we teach them how to fail. we teach them about developing as people and teach them aboutry silliensy. that's not something you get in investment banking training. >> reporter: the right candidates for the hedge funds like point72, now private family office, can be hard to find. in the academy's first class three

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comcast business. built for business. >>> hi, everybody. i'm sue herera. here's your cnbc news update for this hour. more than 60 people were shot in chicago over the memorial day weekend and chicago's mayor rahm emanuel taking notice. >> it's unacceptable. memorial day is a time when we begin our summer. i've got a call for tougher gun laws, for judges who make sure that people who are repeat gun offenders do not get light sentences. >> 15 people, including four people were hurt when a north carolina school bus went down an embankment and into a house. it's not clear what caused the driver to lose control. none of the 15 injuries is considered life-threatening. crews had to use two large tow trucks to remove that bus. >>> there's a flood emergency in texas as several communities are under mandatory evacuation orders this morning after days of torrential rains. rivers are expected to reach some of their highest levels in decades. the death toll from the floods is now up to eight. >> and adel wants conc

introducing comcast business enterprise solutions. with a different kind of network that delivers the bandwidth you need without the high cost. because you can't build the business of tomorrow on the network of yesterday. >>> welcome back to "fast money." disney is falling in the after-hours session. julia boorstin has been monitoring that call. off the session lows. what's going on? >> well, disney ceo bob iger focused on the studio's massive success with films like "star wars," the force awakened. it's about espn and the impact of new digital tv bundles, and the potential down the road. iger wouldn't give specifics subscriber numbers for disney's channel inclusions, but he said that they are a positive for disney. >> we're also in discussions with a number of entities, some current distributors that are coming forward with new packages, and some completely new distributors. all have expressed an avid interest in having espn and our other channels included in their initial offerings. and we're very, very encouraged by the discussions

comcast business. built for business. >>> a 66-to-1 long shot but stretched the tank of gas and won in stunning victory. am exander rossi joins us outside the new york stock exchange. everybody knows when you're watching the fuel gauge get to zero. >> it's stressful enough when you're in a car trying to get to the next exit, but for me to try to win the indy 500 was huge stress and big credit to the guys who knew we had enough to get there in the end. >> first american born rookie to win since 1928, what does that mean to you? >> it means a lot. the largest turnout we've had at the indianapolis motor speedway. for me to be able to do it as an american showed american talent is on the rise. and it's very present in the indy car series, was a big boost for me. >> what does it mean for you in terms of what changes? obviously your bank account increased by a decent amount, but beyond that expectations now going to be higher? >> yeah, for sure. as a racing driver you always go into an event aiming to win. s

comcast business. built for business. >>> hello, everybody. i'm sue herera and here's your cnbc news update for this hour. republican presidential candidate ted cruz campaigning in indiana in a last-ditch effort to deny donald trump the gone nomination. later at a news conference, he laced into his rival. >> this man is a pathological liar. he doesn't know the difference between truth and lies. he lies practically every word that comes out of his mouth, and in a pattern that i think is straight out of a psychology textbook. his response is to accuse everybody else of lying. >> trump responding by calling cruz a desperate candidate trying to save his failing campaign. he says it proves once again that cruz doesn't have the temperament, in his opinion, to be president of the united states. >>> mass teacher sickouts have forced dozens of detroit public schools to shut their doors for a second day in it a row. teachers gathering for a rally at the headquarters of the city's public school system and the district says it won't be able to pay teacher

comcast business. built for business. - omg. you are so funny. in the time it took me to type that, if i were driving 55 miles an hour, i'd have driven the length of a football field blindly. not funny at all. don't text and drive. the more you know. >>> as the race for the white house tightens, dallas mavericks owner and shark tank investor mark cuban is saying he's open to becoming a running mate with either hillary clinton or donald trump. >> if she really did come to you, would you listen? >> absolutely. but the key would be she'd have to go more to center. if she's willing to listen, if she's willing to, you know, hear other sides of things, then i'm wide open to discussing it. >> what about donald trump? >> same. you know, i'm an independent. i'm fiercely independent and think for myself. and i'd have the same conversation for donald. donald has a real chance to win, and that's scary to a lot of people. but what's scary about it to me is that you can see him now trying to do what he thinks is right to unify the party. and he's listening to

comcast business. built for business. . >>> riding the rally. we check out some of the key factors that could push the markets to new highs. >> peter thiel speaks, revealing why he waged his secret war with gawker teaming up with hulk hogan. >> what you gonna do, brothers? >>> back to the beach. the unofficial kickoff to summer is here, and we're putting ride-sharing travel to the test. the cost of a car service versus a quick helicopter ride. >> get to the chopper! >> the second hour of "squawk box" begins right now. >>> live from the beating heart of business, new york city, this is "squawk box." >>> welcome back to "squawk box," here on cnbc, first in business worldwide. i'm joe kernen along with rebecca quick and andrew ross sorkin. the futures at this hour, could be three in a row. up 24 points. europe is a little better this morning as well. and we are tracking crude prices this morning. brent -- brent topped the $50 level for the first time in seven months while closing in on west texas. not quite there yet. at least we weren't earlier. j

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introducing comcast business enterprise solutions. with a different kind of network that delivers the bandwidth you need without the high cost. because you can't build the business of tomorrow on the network of yesterday. digital digital colis . >>> breaking news. our second time around the block on first quarter gdp. first release, up .5%. we boosted it by .3. now up .8%. a little shy of what some were looking for. some were hoping for one hand. it's an improvement. it's not a very good number. but we know the second quarter it will average out a bit. getting closer. 2.9 was last atlanta gdp now. let's go to the internals. consumption 1.9. that's also shy. but it equals the last look. no change. looking for definitely 2% handle there. if you look at the gdp pricing index. up .6. a little cooler by a tenth on expectations and last look at .7. a drum roll. the pce quarter over quarter core. many paid close attention to it. running on the hot side of 2 had the -- 2.1 and remains there. how far back do you have to go to find a higher cor

. >> thank you very much, julia, of course joined by chairman and ceo brian roberts from comcast, our parent company, talking about so many of the different issues that are affecting the broader business if you will, including cord cutting, cord shaving and of course broadband being the key product, simon. if the margin is there, and the equity is there and that's what these companies are becoming, not really -- not really willing to venture too far into wireless in terms of some of these questions that are out there as to what the company's ambitions may be, do you need to follow your customer everywhere they go or can you do it with wi-fi as mr. roberts indndicated. >> it's an interesting assertion that you can prevent the cord cutting by improving the technology. you know the average person in this country still watches almost three hours of television a day. therefore maybe we've misrepresented how that falls in the family budget. >> and you can ttalking about t consideration of the bundle as well may be something economic when you have the family at home and big 100 inch screen s