To view this email as a web page, go to the link below, or copy and paste it into your browser's address window. https://view.response.cnbc.com/?qs=570d209d44da5e3ea335e9bc805cfe47ca4599b8d6f5461d0abd1fdb69827a9597f301cb2d6632d58fb006e86eab896611e8337b1434bf1013a1ee1e739796a9CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=570d209d44da5e3ea335e9bc805cfe47ca4599b8d6f5461d0abd1fdb69827a9597f301cb2d6632d58fb006e86eab896611e8337b1434bf1013a1ee1e739796a9 here. https://click.response.cnbc.com/?qs=b768e9c22aefa85d9689861abfcec1506b9cc9f47c43e56e454f6f7f72eb74b4467467d25692076d https://click.response.cnbc.com/?qs=b768e9c22aefa85ddc920156fb39d411fd8b2eb701c6473d435c765d36103b65893b8fea8144d001 MARKETS & EARNINGS U.S. stock futures https://click.response.cnbc.com/?qs=b768e9c22aefa85d2206332ce376f2ba66112e5cff067d357cfd3fb0e801a9a8390b25aad30f4c86 were higher . The Dow, on its longest winning streak since March 2013, is looking for its ninth straight session of gains today. The Dow and S&P 500 have set multiple record highs in recent days. But the Nasdaq remains 3.5 percent away from its record close. (CNBC)Morgan Stanley (MS) this morning reported https://click.response.cnbc.com/?qs=b768e9c22aefa85d7280c1ba16e3075367878bd0f9978200ed6d3a75e89177e4c92e9cec013a1af9 solidly better-than-expected quarterly earnings and revenue, aided by the financial giant's fixed income and investment banking businesses. (CNBC)Microsoft (MSFT) reported adjusted quarterly earnings of 69 cents per share, 11 cents above estimates, with revenue also beating forecasts. The software giant's key cloud product, Azure, https://click.response.cnbc.com/?qs=b768e9c22aefa85d35fed0cb5e4b9d258f07691409322856b5772462c101694f7fab7f7d29aa505c saw revenue grow 102 percent for its fiscal fourth-quarter. (CNBC) https://click.response.cnbc.com/?qs=b768e9c22aefa85dad2939a6726941943129e30330fc41f0d79ecef10730fe4a5f7bd7d5a312733b https://click.response.cnbc.com/?qs=b768e9c22aefa85dfd7627331f2a9ea8221f0fd0335bc0f40e5fd3eb3b69874cd2d5df88e25438a0 https://click.response.cnbc.com/?qs=b768e9c22aefa85dee9bb4ad9e3f20173ba9a9a3d57c7a39c77167b728083f4b945207ac36d8e038 GOP CONVENTION On Day 3 of the Republican convention, Donald Trump's running-mate, Indiana Gov. Mike Pence, https://click.response.cnbc.com/?qs=b768e9c22aefa85d8bad205c67c64f936400e3191827da7f4dd10395dd404199b161795cd7cdb1b8 makes his primetime address . Texas Sen. Ted Cruz, a former GOP presidential candidate, and former House speaker Newt Gingrich, passed over as Trump's VP, also speak tonight. (USA Today)House Speaker Paul Ryan, at times an uneasy ally of Trump, said from the podium the GOP ticket offers a https://click.response.cnbc.com/?qs=b768e9c22aefa85db2af9be689626dcd16e9c1d29ddbdec540cc691f495578b9cae2b59ba9fd85b4 "better way" forward for the U.S. than Democrat Hillary Clinton. Ryan, the 2012 vice-presidential nominee, is also the chairman of the GOP convention. (CNBC)New Jersey Gov. Chris Christie, a former GOP presidential candidate, spent his time on stage last night https://click.response.cnbc.com/?qs=b768e9c22aefa85dadb7001f8bbf51636d14b8172b1cc1f67d1bd147fd22870b20f6d9d3b191a629 "prosecuting" Clinton's foreign policy record point by point for the audience, who shouted "guilty," at the individual charges. (NBC News) https://click.response.cnbc.com/?qs=b768e9c22aefa85d9be85a183d3a33f9e45826e4d81a492880ad8fad55c4973b51626a3ba2198d42 Trump officially became the Republican presidential nominee, after Tuesday's roll call vote. Trump's home delegation of New York put Trump over the top, with Donald Trump Jr. making the announcement from the convention floor. (NBC News)But a day after Melania Trump's plagiarism controversy, there was internet talk Donald Trump Jr.'s evening speech stole F.H. Buckley's writings. But the George Mason University law professor said he was the younger Trump's principal speechwriter, https://click.response.cnbc.com/?qs=b768e9c22aefa85d5592126a432c662a28973eae02b3bbc5050bbf4e36a6d64546197f46242105b1 tweeting "it wasn't stealing." (Vox) IN THE NEWS TODAY 21st Century Fox (FOXA) https://click.response.cnbc.com/?qs=b768e9c22aefa85dc33ba7103706f5b86648790c1900fc79fa33b5a507c2cd92774aa5976d93fe0e is nearing a decision on the future of Fox News chief Roger Ailes, with sources telling CNBC the decision is likely to result in the executive's departure. The parent company of the network said it's still conducting an internal review following a sexual harassment. Game-maker Niantic https://click.response.cnbc.com/?qs=b768e9c22aefa85d7bfef700682dd1e37bccefd5dbfa731ab29fd22e2cd6c7d33f1bcca9ebad327a has postponed today's scheduled launch of Pokemon Go in Japan following an email leak. Nintendo shares fell 12 percent in Tokyo. The stock trading in the U.S. was off a more modest 4 percent in the premarket. (TechCrunch) Tesla Motors (TSLA) chief Elon Musk said he https://click.response.cnbc.com/?qs=b768e9c22aefa85da344e49248c7fb04d41a9c4897d81ec3151fd3c905ffc4c854e41fafa743ed07 expects a supermajority of shareholders to support the electric automaker's proposed combination with SolarCity (SCTY) despite investor skepticism about the planned deal. (WSJ) Struggling drugmaker Valeant (VRX) received FDA approval for the https://click.response.cnbc.com/?qs=b768e9c22aefa85df0c16ae604354d8a6fe1a165da6996589c0b0ac7a41f01bf7778def451d50f07 tablet form of its Relistor treatment , which treats certain types of constipation. An injectable version, developed by Progenics Pharmaceuticals (PGNX), has been on the market since 2008. (WSJ-subscription) Unilever (UL) is buying Dollar Shave Club, https://click.response.cnbc.com/?qs=b768e9c22aefa85dfe68f66054694b9ad43ba554b69259c7f07bd0614f5c80828b9aaef78e8bf6c0 reportedly for $1 billion . The male grooming brand was started by Michael Dubin from his apartment in 2012. Dollar Shave Club expanded from selling razors online for $1 apiece to offering products including bathroom wipes. (CNBC) https://click.response.cnbc.com/?qs=b768e9c22aefa85d679629cd90661c74921368feb1b4c5ad685fafde1b2acc14f34960421660c615 Pimco has poached Manny Roman from the C-suite at global hedge fund giant Man Group, as the investment firm tries to reverse a slump in fortunes since co-founder Bill Gross left in 2014. Roman is set to take over at Pimco on Nov. 1. (Reuters) Federal prosecutors https://click.response.cnbc.com/?qs=b768e9c22aefa85df76c35ac78b519392535550a5c293cab3f7942a86063590fa31eb3558b4c55f8 are poised to launch one of the largest asset seizures in U.S. history as they step up their investigation into billions of dollars siphoned away from 1MDB, a Malaysian government investment fund. (WSJ-subscription) Twitter (TWTR) https://click.response.cnbc.com/?qs=b768e9c22aefa85df2592ff8b88d880615f4f1de6b2ad9487ed61f4015e9a0cca091b8c87cbd0267 has banned Milo Yiannopoulos , a technology editor at conservative news site Breitbart, following a campaign of prolonged abuse against the comedian Leslie Jones, a co-star in the new "Ghostbusters" reboot. (NY Times) Nick Denton https://click.response.cnbc.com/?qs=b768e9c22aefa85d412711bf3cfa8f6e1d29d4dc21c71e52b6fc6289303aae8b099715cd609a50c6 may be filing for personal bankruptcy this week, after a judge denied a lawsuit shield for the Gawker founder in the $140 million Hulk Hogan judgment. Denton said he's now refocusing on the sale of Gawker. (CNBC) Florida health officials are https://click.response.cnbc.com/?qs=b768e9c22aefa85dbd51b3967a38c4c727197b03fa7b09926c4d7d206ff1465376c8c4905c6f4fdc investigating a possible case of Zika that wasn't carried back by a traveler. If confirmed, it would be the first evidence the virus has spread to mosquitoes in the continental United States. Zika has been linked to birth defects. (NBC News) BY THE NUMBERS The Energy Department releases its usual Wednesday report on oil and gasoline inventories at 10:30 a.m. ET. Meanwhile, U.S. crude prices were steady this morning, after the American Petroleum Institute reported a larger-than-expected decline in stockpiles. The rush to refinance home loans lost some steam last week, as mortgage rates lifted off their lows. Refi application volume fell 1 percent, while total mortgage app filings fell 1.3 percent, according to the latest weekly Mortgage Bankers Association survey.In addition to this morning's Morgan Stanley earnings, Dow components American Express (AXP) and Intel (INTC) issue quarterly results after the closing bell. EBay (EBAY), Qualcomm (QCOM), and Mattel (MAT) also report profits this afternoon. STOCKS TO WATCH United Continental (UAL) reported adjusted quarterly profit of $2.61 per share, 5 cents above estimates, with revenue just slightly above projections.The beat came despite the negative impact of a stronger dollar, increased industry capacity, and pricing pressures. The airline also unveiled a $2 billion stock buyback.SAP (SAP) reported a 73 percent jump in profit for its second quarter compared to a year ago, with the business software provider's results boosted by growth in its cloud business and a reduction in restructuring costs.General Electric (GE) struck a partnership with China's Huawei Technologies to develop productivity-enhancing smart machines. The announcement came as GE launched an $11 million digital facility in Shanghai.Chesapeake Energy (CHK) is being sued by investors, who accuse Chesapeake of conspiring to depress market prices for certain oil and natural gas leases and say they lost more than $10 million as a result. Chesapeake said it disagreed with the assertions of those investors and would address them "in the appropriate forum."AstraZeneca (AZN) lost its bid for a temporary restraining order, aimed at blocking approval of new US generic versions of the drugmaker's cholesterol treatment Crestor. Novartis (NVS) and Mylan (MYL) are among the companies preparing to launch generic versions of the best-selling drug. WATERCOOLER Writer-director Garry Marshall, whose TV hits included "Happy Days" and ''Laverne & Shirley," and box-office successes included "Pretty Woman" and "Runaway Bride," https://click.response.cnbc.com/?qs=b768e9c22aefa85d0bc0a55c687e08b9b8dfcdacdf59d6186544eb2a5c37d10b6d6642040aa2d831 has died of complications from pneumonia after having a stroke. He was 81. (AP) CONTRIBUTORS https://click.response.cnbc.com/?qs=b768e9c22aefa85d07217a772634932919268d984dc22c34e67fb47b58b0f610e5723a7e5d13f1a1 https://click.response.cnbc.com/?qs=b768e9c22aefa85d07217a772634932919268d984dc22c34e67fb47b58b0f610e5723a7e5d13f1a1 Matthew J. BelvedereSenior Producer https://click.response.cnbc.com/?qs=b768e9c22aefa85d54cb613638bfcddbf06a454feba3eacb9298c4982662441720cdaef7290e3501 @Matt_Belvedere https://click.response.cnbc.com/?qs=b768e9c22aefa85d51c091d6a8b3a4592849c5567e1b9e8356d900201b5349f3e050ef8f91b51d58 https://click.response.cnbc.com/?qs=b768e9c22aefa85d51c091d6a8b3a4592849c5567e1b9e8356d900201b5349f3e050ef8f91b51d58 Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=b768e9c22aefa85df50e4bcb98bcd3e1a67d74a505f6ac0c12b64fc17eecd221f9a777d55fef17ad @peterschack https://click.response.cnbc.com/?qs=b768e9c22aefa85dfeab0ebba8710f543a3a1de5dc4eaad03191997e470b1edd72ee61003b47d405 https://click.response.cnbc.com/?qs=b768e9c22aefa85dfeab0ebba8710f543a3a1de5dc4eaad03191997e470b1edd72ee61003b47d405 Tom DiChristopherWeb and TV producer Feedback We value your input—use https://click.response.cnbc.com/?qs=b768e9c22aefa85d0790d33e242a848e4d19c27535fc6fc6ebdc42ae9e05206804a08b051c3c85dd our simple form to let us know what you think. Click https://click.response.cnbc.com/?qs=b768e9c22aefa85d9689861abfcec1506b9cc9f47c43e56e454f6f7f72eb74b4467467d25692076d here for Real-Time data and top stories on your desktop or mobile device. https://view.response.cnbc.com/ftaf.aspx?qs=570d209d44da5e3ea335e9bc805cfe47ca4599b8d6f5461d8b3e043b266c204176bf93af634bb9f6 https://view.response.cnbc.com/ftaf.aspx?qs=570d209d44da5e3ea335e9bc805cfe47ca4599b8d6f5461d8b3e043b266c204176bf93af634bb9f6 Send this email to a friend https://click.response.cnbc.com/?qs=b768e9c22aefa85dc740b655f25e5dc9716dcc070cfce6f9a3bf67911b4665a8afa0584138b59248 https://click.response.cnbc.com/?qs=b768e9c22aefa85d2b3101d072e4ab10f44d3e0906ae3b36761c3984055c57a3b6ef8747e7320b4f https://click.response.cnbc.com/?qs=b768e9c22aefa85d90a0629fda14b22cc502fec20ce8b9793bf7d9355ac8fedf4d5c841083ecd0d7 https://click.response.cnbc.com/?qs=b768e9c22aefa85d6e9f42a61c6e3c7d1b42e9555ffc59046f77e61d151067560082d1de95a2fa85 https://click.response.cnbc.com/?qs=b768e9c22aefa85ddfca9489f46c4cccac7393719149dcca4ed3077c362dc3adcc9dfab59200ac06 Unsubscribe https://click.response.cnbc.com/?qs=b768e9c22aefa85d5a0b917a2b28490d54aaa6faf3225556afae1f20c3034a66280f1153aa85763f Advertise https://click.response.cnbc.com/?qs=b768e9c22aefa85d919371489ed18d00b2aa0763cddc1dce06326ee0805b9269fdbb368eb6799236 More Newsletters https://click.response.cnbc.com/?qs=b768e9c22aefa85db4b62e7e92541df3978bcbf8e8cbfad24ba05b3c02894526c4e4fc56ff1ebba1 Digital Products (c) 2015 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 To ensure delivery to your inbox, please add mailto:[email protected] [email protected] to your address book. ---------------------------------------- This email was sent by: CNBC 900 Sylvan Ave. Englewood Cliffs, New Jersey, 07632, US We respect your right to privacy - visit the following URL to view our policy. ( https://click.response.cnbc.com/?qs=b768e9c22aefa85d876be2aa82004dae000fe7ca85361179f55abf3a9ac735a672629da89a365a20 ) ---------------------------------------- Visit the following URL to manage your subscriptions. ( https://click.response.cnbc.com/subscription_center.aspx?qs=7c447fea08a0d40cefb0ab27ad13e0a866343897f88d194f19ecac6c2752e6c598fdcdfdb098247ee3db2814322b84f0911607d29d945ee6 ) Visit the following URL to update your profile. ( http://newsletters.cnbc.com/ ) Visit the following URL to unsubscribe. ( https://pages.response.cnbc.com/page.aspx?QS=330c754b5e92df7418aaa25241be78348557788e50e697ae&sid=40000001 )