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=970070a25e292d21594c325e28b9a8e25f5941014bc9f0a77ae429e9e44a23b7cf978543ae9fbc21815ecce885e49702aa56364638eb8a8618d575870e458755CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=970070a25e292d21594c325e28b9a8e25f5941014bc9f0a77ae429e9e44a23b7cf978543ae9fbc21815ecce885e49702aa56364638eb8a8618d575870e458755 here. https://click.response.cnbc.com/?qs=6ff73f5a4580788bba45274aa57bb8b0aa1468e77f6a126d280a4c6e2b59e36bdee4f53284341735776845b9ce2a3782957bda533da026a3 https://click.response.cnbc.com/?qs=6ff73f5a4580788b854b97cf6be19007dced918b8bee60b09ed7a08d02a1b0a31cdbb16f98f6ec4a5392534d8fb29f9b6453f3a73a2fd4a8 BY THE NUMBERS Global markets and U.S. stock futures https://click.response.cnbc.com/?qs=6ff73f5a4580788b08284308ccb58855ff4e4404150919392cfe2d6ca0fb9cb41fd1d542dbceb7a34cbbcbc1cafacd194ec2647d45241391 were lower again this morning as concern over North Korea tensions persist. The Dow, S&P 500, and Nasdaq all fell for two straight sessions, the first time that's happened since more than a month. (CNBC) * https://click.response.cnbc.com/?qs=6ff73f5a4580788bd182264943caf6312a736e1e77245d03fb33a211e5761f5057e73535e794d57f3b7a5b1839474a04870b0473bc827896 Producer price index and jobless claims at 8:30 a.m. ET (CNBC)Retail earnings flood in today. Kohl's (KSS) this morning delivered quarterly profit and revenue that https://click.response.cnbc.com/?qs=6ff73f5a4580788bafdbdad9ed8ac0af50b30c530bd95abb6d0aa28f922f9a5c7dae8638da234e20847b374b8a208851c12ee44d16be2640 beat estimates . Same-store sales were lower but not as much as expected. Macy's (M) also reports before the opening bell. Nordstrom (JWN) issues its results this afternoon. (CNBC)Shares of Dillard's (DDS) https://click.response.cnbc.com/?qs=6ff73f5a4580788bc7d9ad6f0f0454c8d4b920cacea575764a349c62c2e5efbc44b02edd0990385f7df8f8fd92f5af91a76aaf87c3e2c9c4 were plunging in the premarket after the retailer reported a surprise loss. Revenue also missed. The CEO blamed "significant markdowns." (CNBC)Blue Apron (APRN), a stock that's tanked since last month's IPO, this morning issued a https://click.response.cnbc.com/?qs=6ff73f5a4580788baee7193d28d3672df330b8274aecc62bb2592473b72321ef803e6980e9a68855726e2109d7b82c09524acaf195e4fcab larger than expected quarterly loss . But revenue was beat forecasts. Another recent IPO that's struggling, Snap (SNAP), reports results after the bell. (CNBC)Chicago Bridge & Iron (CBI) https://click.response.cnbc.com/?qs=6ff73f5a4580788b806099d9800829358c1a9cd9216ccaf127125067bc815defb34e6a224adc110897ddda85aa2553116717aa18ef2daa7c was tanking about 20 percent in the premarket after losing $3.02 per share compared to the 83 cent profit analysts were expecting. The infrastructure services provider suspended its dividend and announced its intention to sell its technology business. (CNBC)Blackstone-owned Invitation Homes (INVH) https://click.response.cnbc.com/?qs=6ff73f5a4580788b6d261aeeaca2fb2966ddeeeb4e035124fd5dec96e76b082a6c2ad2316e6633a4422e601d72a71b4f12054634a05a9d4a has agreed to buy Starwood Waypoint Homes (SFR) in an all-stock deal that would create a $11 billion U.S. single-family rental company. (Reuters) https://click.response.cnbc.com/?qs=6ff73f5a4580788b4cbcbb42998c9ea4b72ea0f611f0fb8cdb07ec33e3168e9cf372736d327ea6617bd9bbaa36f7433b22e91003b0414026 OPEC raised its collective oil output for a fourth-straight month in July, another sign that it's struggling to stick to a deal to pump less. OPEC has partnered with nonmembers, including Russia, since January on a production cut. (CNBC) https://click.response.cnbc.com/?qs=9614b3c6a5a6541ac2c7bce7cedd0d8adee0577a45459471d51bc330eb593f87480d61c8cf5287771d7c0e19ae432dc71f3ab5b25a8f0c4b https://click.response.cnbc.com/?qs=9614b3c6a5a6541acfcaf858526c6cd70d3504cddb1fe07f5c3fc4f44a44e1983dfba47c7399f3b9c743a99763592c00874f7f29e7ef2835 https://click.response.cnbc.com/?qs=9614b3c6a5a6541af305603edf4f02c43fe0dbaf94acf7319a6a6d8ad960b00fb7729f7eab4e2df8d4db3f39e2e3b2026a118568655c7ef2 IN THE NEWS TODAY North Korea dismissed President Donald Trump's "fire and fury" warnings as a https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab0bb2fc22a96097b16ff28b4c423f64c440b2b581cbe2e1c5354daa51fdc3d366852676e2c5db242886cdc35cb5734c6 "load of nonsense" and outlined detailed plans to strike near the U.S. Pacific territory of Guam. The planned missile paths would cross some of the world's busiest sea and air traffic routes. (Reuters) * https://click.response.cnbc.com/?qs=9614b3c6a5a6541a8c2cbe05e8369da01a26685cc724e599ab45d54395f93fabba7ddc2842adbdc9f6ac79c7438e7e2b1a843722003a4ec3 Pentagon plan for preemptive strike would launch from a Guam base (NBC News) * https://click.response.cnbc.com/?qs=9614b3c6a5a6541a0af63ce091b47eaa997a7d1c27e5df801f13875849431007fb59f6c1ea7cdf3b4ec7d06870501fab6c37ff5a6aa870c6 U.S. will use 'any appropriate measures' to combat North Korea, says Trump aide (BBC) https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab4eabf1824b29d2d225d7e18538cd0e7fbffb1cad2c9800ee05cd9ab5924fdb2764d922fe89b4090fba36eb980804eba Trump lashed out on Twitter this morning and on Wednesday at the Senate Majority Leader Mitch McConnell, who previously said the president had unrealistic expectations about how quickly legislation could pass. (CNBC)Tom Barrack, a real estate investor and close friend of Trump, https://click.response.cnbc.com/?qs=9614b3c6a5a6541a8ff10df34d932e5d534b0de0b249ec7e3f9c439b467eee5f7166ca2ad7f69b28650ce3c4f824e2b39cc08987a580ec55 is in talks to become U.S. ambassador to Mexico. The high-profile post, one of the most important in Trump's orbit, has been the subject of intense talks within the administration. (Politico)The two-year-old U.S. diplomatic relationship with Cuba https://click.response.cnbc.com/?qs=9614b3c6a5a6541ac956e3a42ecd402da6f7c1a2af41853f2b0d5c142c5908493a2700751a13f43ae1bf764a0ffa12ff9ac9fe40b2e7044c was roiled by what U.S. officials say was a string of bizarre incidents that left a group of American diplomats in Havana with severe hearing loss attributed to a covert sonic device. (AP)China has demonstrated a world first by sending https://click.response.cnbc.com/?qs=9614b3c6a5a6541a2d98688d10a8d8f93499a7f6804431fdd3f7d82e8205e77f29d9a4f64b9a1ebf0b08002df0adf07c857e23203a1442d5 potentially unhackable data over long distances using satellites, laying the basis for next generation encryption based on so-called "quantum cryptography." (CNBC)Facebook (FB) announced a https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab2f9ca9af5158567825a9ed43baeae0b6010a47abce14274d9e00958c5188bce2d880b2bb3a0df9ecc15747a245a4e36 revamped video offering called Watch, which will debut to a limited group of U.S. users at first. The social network did not disclose specific dates. Watch will offer a wide range of programming, including original content. (CNBC)Consumer Reports said it's https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab9543b1ab6b195c2dcc14e7a12df7a1d59a3fee00379477365e1a34d30c8d914fb7612066c3d39d3a899a9608158b7b6 no longer recommending any Microsoft (MSFT) laptops or tablets. Based on recent surveys, the product ratings firm predicts 25 percent of these gadgets will present problems within two years of ownership. (AP)Tesla (TSLA) https://click.response.cnbc.com/?qs=9614b3c6a5a6541a8c3295a724d42a703e11ab4dcd27a41d5648469cbeb212ae852aaa3782715e8601e4c69c1dc6fe97fa3836ea209e820a is close to testing an electric, commercial self-driving truck that can move in "platoons" that automatically follow a lead vehicle. Tesla is getting closer to testing a prototype, according to an email discussion of potential road tests in Nevada. (Reuters)STOCKS TO WATCH 21st Century Fox (FOXA) beat estimates by a penny with adjusted quarterly earnings of 36 cents per share. Revenue fell slightly short of forecasts on a slide the movie side. Fox cable division revenue, including the turbulent news division, posted a 10.4 percent increase.Jack In The Box (JACK) fell 6 cents short of consensus estimates with adjusted quarterly profit of 99 cents per share. Revenue also missed. However, comparable restaurants sales rose 0.1 percent compared to forecasts of a 0.2 percent drop.Live Nation (LYV) came in 10 cents ahead of forecasts, reporting quarterly profit of 29 cents per share. The event promoter's revenue also beat estimates. Concert ticket sales were up 22 percent through the end of July compared to the same period a year ago.Planet Fitness (PLNT) reported adjusted quarterly profit of 22 cents per share, 3 cents above estimates. Revenue also beat. The fitness chain also raised its full year outlook, and said it expects to see same-location sales up 8 to 9 percent for 2017.Billionaire John Paulson trimmed his hedge fund's stake in struggling Canadian drugmaker Valeant (VRX) to 6 percent from 6.3 percent. But Paulson said he's still fully supportive of Valeant's leadership. Paulson joined Valeant nearly two months ago.WATERCOOLER The PGA Championship, golf's final major tournament of 2017, https://click.response.cnbc.com/?qs=9614b3c6a5a6541a2bc654182b0b26a81c56f91b2b8700d9fd038c37083cf1931315c90067ce8f9208a021e37812b2cd64eeb23c299c026e tees off today at Quail Hollow in Charlotte, North Carolina with Round 1. Coming off his British Open win, Jordan Spieth could clinch a career Grand Slam with a win at the PGA. (Cleveland.com)Bruce Springsteen https://click.response.cnbc.com/?qs=9614b3c6a5a6541abe8e26527b27e1c7fff0b6de9bd8645ec8268a43d453c4435678c654ac01ee7466beef051567a3f1bb4cab1e3bc96f3a debuts on the Great White Way in October with "Springsteen on Broadway," a series of solo shows at the Walter Kerr Theatre in New York city exploring the rocker's life through his words and music. (LA Times) CONTRIBUTORS https://click.response.cnbc.com/?qs=9614b3c6a5a6541a1c7466d94872079cbf56dd799f037205997263f079c321ec7bf53f76da06933f5af38814b35fdf0a3d87846b0fca1828 https://click.response.cnbc.com/?qs=9614b3c6a5a6541a1c7466d94872079cbf56dd799f037205997263f079c321ec7bf53f76da06933f5af38814b35fdf0a3d87846b0fca1828 Matthew J. BelvedereSenior Producer https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab30ed67b3228167cc489c024536120ac768aee232be38645fe168ccd3c186d6754fc7be7ea9883550e48108bbecd36fb @Matt_Belvedere https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab3d1c150d31377378c101a49f1eaa8741a41a86953e1fc2dc2a7a32926cacf98b6b10c14ad994194b3e31afcbdd0c8da https://click.response.cnbc.com/?qs=9614b3c6a5a6541ab3d1c150d31377378c101a49f1eaa8741a41a86953e1fc2dc2a7a32926cacf98b6b10c14ad994194b3e31afcbdd0c8da Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=9614b3c6a5a6541a91ef98d1cbc111a7d211389cd8ad776e4acb7b63394cf2cd21d380c1beaf819a5e982fa47b97c3ccc9b7cef566ee5d14 @peterschack Feedback We value your input—use https://click.response.cnbc.com/?qs=9614b3c6a5a6541a7d1a4197e0f5268c47cec2d5bac14e46d601d73d2e89b6df42d55542aa67625313398e95da43d34762e0f603f31b8f2d our simple form to let us know what you think. Click https://click.response.cnbc.com/?qs=6ff73f5a4580788bba45274aa57bb8b0aa1468e77f6a126d280a4c6e2b59e36bdee4f53284341735776845b9ce2a3782957bda533da026a3 here for Real-Time data and top stories on your desktop or mobile device. https://view.response.cnbc.com/ftaf.aspx?qs=970070a25e292d21594c325e28b9a8e25f5941014bc9f0a70046c39315e13cf2ee7c044435098561 https://view.response.cnbc.com/ftaf.aspx?qs=970070a25e292d21594c325e28b9a8e25f5941014bc9f0a70046c39315e13cf2ee7c044435098561 Send this email to a friend https://click.response.cnbc.com/?qs=9614b3c6a5a6541ade8a99735cbe67d6644a75c38f2f8d94569320d58090af8407baaa02d9a02207dc8101f3710f590bd5d35c6ec95b26f9 https://click.response.cnbc.com/?qs=9614b3c6a5a6541a9305ac370d44e4d5f3b2e57b72cf6a5a5f1f77d3e251407169923fdf04f9eb2cc7ca24d47584edc899b3a17979649e3a https://click.response.cnbc.com/?qs=9614b3c6a5a6541a7add514b4666669767e92e2a6ec404d937af762ac90ab94ae24095401ea72966606918b42a465a80b5111f79352d82c3 https://click.response.cnbc.com/?qs=9614b3c6a5a6541a0fe4a8089c4dc3f54e45cf2655c79d0c2bfa701c54333d9e8cdbd5bdf7670383df6b4eae37b5784cabcbb96261c416f3 https://click.response.cnbc.com/?qs=9614b3c6a5a6541a76b3cab3e00921343389e02c036a7e0ba737b967122f9f8ba39ede51fe434132a48cf839c25ddc889c74b7135a99e16a8081deb627f861c4 Unsubscribe https://click.response.cnbc.com/?qs=9614b3c6a5a6541ac962544605b2d05fa82ad154d5337f8b45b68b2596dae12d2140e1e7d1deae83634b867116d696f55f6df1516dea3ca3 Advertise https://click.response.cnbc.com/?qs=9614b3c6a5a6541a0483f74721839270265fdd713f57b4d027b24ca88d058742645eb2cb1de304f294939c9c9696723e674db8e0ea1e0703c291082469ce9cb9 More Newsletters https://click.response.cnbc.com/?qs=9614b3c6a5a6541adf6b781c57e8ff451b854cb4495d5ad1878fb40797bf834f91681c9541f8241b0ec0ff8cb0737eb11004ee5cef70594c Digital Products (c) 2015 CNBC Inc. 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