market bureau in san francisco. it's also 11:00 a.m. here on wall street and "squawk alley" is live. ♪ ♪ >> good monday morning. today is a great day for us here at cnbc and "squawk alley" where we cover the top stories in tech every morning. today, we're excited to welcome you to the opening of our new home in san francisco. we call it one market. it's an illustration of our

commitment to technology coverage in this country. josh, good morning to you. >> good morning, karl. this project began five months ago and involved nearly 50,000 man hours. here's a look at what went into building this state of the art broadcast facility. ♪ ♪ ♪

>> now, our sf address, one market right here in the heart of the financial district in san francisco surrounded by some of the hottest startups. we'll be covering of course all the big tech events from here. this month alone, apple watch, microsoft build and of course earnings season. we're also now under one roof with our partners. so step inside our new bureau and you just might bump into the one and only cara swisher. back to you. >> very nice. we're going to be talking to her in a moment as well. joining us this morning live at one market is kara switcher. >> hi, i wore them for you. >> john and kayla. congratulations to you guys and

to us. i assume you're wearing shades because the future is so bright, right? >> yes, exactly. it's also really bright here with a lovely view as opposed to where you are right now. it's a great bureau. it's so pretty. it's fantastic. >> john, big move at least for us and them i would imagine too. >> it is a big move. and san francisco is much more important as part of the bay area and tech seeing that it was 15 years ago. 15 years ago, the center of the action was down on the peninsula. now, especially as mobile has become more important and software as a service with salesforce being up in san francisco, mobile is a bit more urban. >> kara, put one market on the map. josh just mentioned that air b&b and twitter are within a stone's throw. where is it exactly? >> well, it's sort of the end of

san francisco where the views are, where you can see angel island or the bay bridge behind me. and it's sort of -- san francisco's not a very big city. but this is the financial district downtown area, but it's south of market. which is where a lot of the internet startups are. i just passed the big salesforce building that's going up. and google right down the street. so it's quite a scenic area. you're looking at the ferry building which is a beautiful place where they renovated it and put in lots of typical san francisco coffee places. but it's sort of the heart of where things are going on in the internet space. all the way down mission street and market and south of market. there's tons and tons of companies here. >> we can't wait to come out there and join you. we'll be out there taking the show for a few days later on in the month. what a turn around in the markets this morning.

we're currently up almost a hundred points as there's strength in the early going here. tesla today, shares rallying after the company said it delivered over 10,000 model ss in the first quarter. now on pace to far exceed the 31,000 model ss sold in 2014. company does have a long way to go. he wants to sell 55,000 this year. 500,000 by 2020. so much back and forth, at least regarding the stock in recent weeks. are they in a position of strength right now or not? >> it's still a small car company. i always think this company is probably going to get bought at some point. they're trying to build this into a real thing. it's very difficult to build a car company in any environment. i drove here in one today. i was in an youtube uber.

will they buy them across the country. can it become a more common carver series a high-end sort of elite car that it still is no matter how you slice it. >> our speculation skills can only go so far. how do you see that playing out? what's the trajectory for the company's growth? at what point do you think a deal would make sense? >> it's a good question. anyone from apple to gm could buy it. this is kind of an interesting trend that's happening with these cars. they are definitely pioneering it. i think the difficulty of any pioneer -- there's an old saying the plains are covered with the bodies of pioneers. it's captured the interest of all kinds of silicon valley companies like google and apple and others. the question is, will they try to get ahead by using tesla to do that or step over it with their own versions of their

cars. it's just very difficult to run a car company. it's very expensive. the battery issues. they've talked a lot about battery issues. takes a lot of capital. the question is, can a small company do that and market it and sell it. everything that it takes to distribute cars and make it hugely popular. he's aiming for widespread use of these cars. >> i can't let you get away with saying you always think this company will get bought at some point. by whom and for how much? >> i don't know how much. whatever the market share -- market cap at the time is. you can see a google or an apple buying it. they're really getting into the car business, which they seem to be doing. it's something we're going to be focusing on at the code conference this year. we're doing a lot about mobility and the car is the first mobile device. i think you're going to be seeing a lot of activity in the car space. and it makes sense. >> in the meantime, tesla is a

public company in its own right. yes, the stock is up 8%, but there are still some questions about tesla's disclosure practices, unorthodox would probably be a nice way to describe them. >> yeah. >> what is the point of putting out sales numbers over a holiday weekend? why would a company do that? >> oh, well, you know, it's run by someone who's not like regular people. i think he's someone who wants to run the company the way they want to run it. they want to create excitement around the company. he's very good at attracteding attention. i think he needs to continually keep attention on the company so the sales keep up, that he meets those figures he's -- these promises he's making. it's a super ambitious effort. compared to a lot of companies in this area, it's exciting that someone's trying for something so big. when you try for something so big, you can fall a lot harder.

so far, so good for him. >> finally, get a tour of the apple watch weeks before it hits stores. apple posting four guided tour videos. they're showing exactly how the watch is going to work. take a look at this. >> your experience with apple watch starts with the watch face. you can customize the design as well as additional pieces of useful information, like the weather. >> we've seen these before but on launch day. what does it mean that they're giving us an advanced peek? >> apple devices in general have been very intuitive. this one is not because it's a new area for apple, it's not as intuitive as other devices. it's not hard to use necessarily. it's just it's different to use. when i was using it just for a short amount of time, i didn't immediately figure it out. they need to teach consumers how to use these things. once you use it, you'll get used to it. there's all kinds of parts to it

that aren't -- an apple users wouldn't have necessarily had experience with. and how you use the crown, clicking it versus turning it and things like that. they need to teach the consumers how to use this thing. makes sense. you're not going to get this from a book. i think it's a great way to do it. let's see if people watch them. >> you're not going to have time to necessarily get this in the store either because you have to have an appointment if you're going to try it on. you have the digital crown to turn or push and the people button underneath it. you can do a normal touch or a swipe. seems to me like maybe apple's concern that people will buy this sight unseen just based op the brand, not understand how to use it and be disappointed. to they're rolling these out ahead of time, here's how you use the thing, we're going to stage these voors and roll them out over time. >> and people are comfortable with using the online videos.

i was trying the other day to play an instrument online. you're taking videos -- people use videos now to learn things. people are comfortable doing it. it is not an easy thing to learn. in the store, i definitely -- i think it's so small also someone working with you on your wrist, it's kind of not the same thing as showing off a phone or a computer. >> you can't just drop the instrument like that and move on. you're teaching yourself the yuk laically? >> yeah, online. i've been trying different ones. i find the whole area fascinating. there's all kinds of companies in this space now. it's my dream to play it in hawaii some day. i'll never speak to you again, jon, but i'll be there on the beach enjoying myself. >> either that or she's interviewing buffett. >> we'll have you back here. we hope to have the first look at your playing. >> yes. >> citigroup downgraded garmin

this morning saying there will be in the near term be pricing pressure that apple could start lowering the price points on the apple watch. this is before we've even seen it. i'm wondering how long you think it will take for the market to get a good sense of how much room there is for all of the competition and whether this is a game-changing device from apple? >> is there real competition for this kind of watch? there's no one that's done this extensive a watch. i'm curious who the competition is. there's competition in various pieces of it. they always lower prices. that's something apple does with its devices. where are they going to see the buying? is it going to be on the high end, those thousand dollar watches or on the lower end which is the $300 devices. we'll see if people go in and just look at them or actually want to buy one. i'm still on the fence. it's really interesting.

i'm not sure whiechlt i just don't get it quite yet. i'll see it as i see it rolled out and people using it, i think. >> enjoy the new headquarters. you'll probably steal the best desk and office space. >> i have a beautiful desk and free coffee. i couldn't be happier. >> we'll talk to you soon. thanks. >> thanks. >> with all the organic neighbors nearby. let's get a check in on the markets which are in positive territory right now. it wasn't even 30 minutes of weakness before all major averages turned green largely on the back of a manufacturing report in line with expectations and showing some steady growth there in the united states. markets in europe and asia were mixed though. the dow up by about 92 points at this hour. shares of qualcomm down. revealed they actually do not contain an expected modem from qualcomm. it was previously revealed the s6 did not have a qualcomm

processer. that's taking that stock down. also shares of zillow slipping this morning after getting downgraded to equal weight over at barkley's. bark lays says still bullish long term. they do face short-term difficulty. you can see investors are trying to digest that call as they figure out the future. when we come back, he was a top ranking executive at or call. now he's using amazon and the cloud to power his new business. plus, this startup is getting 60 million in new funding. the ceo of zen is with us. and the live streaming app race is heating up. we'll tell you why it could be over just as quickly as it started. "squawk alley" is back in a moment. [ male announcer ] some come here

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♪ >> welcome back. one of oracles former president turned to amazon to help his business software company go

after the enterprise in a big way. and turning his former employer into potentially one of his biggest rivals. thanks for joining us. >> glad to be here. >> right off the bat, we know more than we would normally about your private company's finances because of your debt. you have nearly $3 billion in annual revenue, debt of around $5 billion. so tell me, a lot of companies when they've been on amazon's cloud or using cloud services, as they get to your scale, they start building out their own infrastructure instead. but you figured out a way to not do that. why are you taking the approach you're taking? >> that's what companies did 20 years ago. today, if you were starting a company you wouldn't do that. we decided to take advantage of the amazon cloud, optimize our applications for that and lower our coasts. it made sense today. >> you have a bunch of

specialists who have tuned you specifically to take advantage of the resources that amazon has. you've been able to take advantage of those economies of scale p. tell me about that. a lot of other companies when they get to your size, they start building out their own infrastructure instead of relying on an external cloud provider. why is amazon such a good partner? why wouldn't you switch to microsoft if they have a slightly better price? >> a lot of companies have made this investment and have a lot of people built up. they can't really change now. we have changed our applications to run well for security purposes on amazon. they're going into more and more companies. they opened up shanghai. i don't want to have to build data centers? all these countries. >> i want to talk about that for a moment. you are building enterprise software with a different sort

of philosophy. trying to design it more beautifully. trying to make it consumer friendly, but for the enterprise also. how does that play out for you when you're trying to get deals signed? >> it's funny. we have all these great devices at home like your apple phone, then you go to work and have these horrible looking screens. most generations won't use those applications. we took that on as a strategy. we created a design agency in new york, hiring people who know something about design and beauty and have them work on business applications. >> recently, the ceo of box complained that wall street didn't understand cloud companies and didn't understand his company and earnings. as a private company that at some point would evaluate an ipo, what do you think the challenge is getting wall street to understand your business model? >> aaron met with me.

we had that conversation. the biggest change right now which has been talked about for 20 years is the shift to cloud. it changes your revenue recognition. you recognize revenue over time. getting people to understand that, yes, it's hurting my revenue short term, it's actually a good thing, you want more recurring revenue. that's what people have a problem understanding. you're selling licenses up front before, now it's over time. >> i would argue if people don't get it by now, they're never going to get it. we still have challenges with it all the time. are we in the last innings of that education? >> unfortunately, it's probably going to take a little while longer. they were used to simple applications running on the clo. we want parts of the government. the cia is our customer. they're not used to those sorts of applications moving to the cloud. that's a different conversation. >> you talk about new york. i can remember a day where people actively wouldn't put a

missions in new york because of the lack of years, talent. is that flip-flopped? >> so new york is emerging as the tech center on the east coast. it used to be boston. that kind of shut down. what we found is a lot of the engineers working for wall street now looking for jobs and also the schools here. we gave several universities here our software and they're teaching their students our software right now. we'll be hiring them once they graduate. there's a lot of people who don't get recruited, a lot of good students here. so we're building an urban company. so we're going to access that other 90%. >> quick last question. you have some currency head winds, but how long before you go public? >> we always evaluate it. there's certain advantages to being in private going through a cloud transition. we'll think about it though. we have hungry employees and they want to be public.

have to balance those two things. >> charles phillip, thanks for joining us. >> frerk off a po box office win. we'll bring you zuckerberg's reaction in just a moment. "squawk alley" will be right back.

♪ a strong opening for the latest "fast and furious" movie. "furious 7" the ninth biggest

opening in history. it also made $240 million overseas putting it on track to gross more than a billion worldwide. facebook ceo mark zuckerberg posting this picture with furious star vin diesel. he visited us. he has 87 million people following him and he writes all of his posts himself. it was a lot of fun talking with him. i'm looking forward to seeing the movie tonight. comcast is the parent of both universal pictures and cnbc. jimmy kim l was asked about the zuckerberg conversation. he said, what i really want to know is how to get less spam on my page. >> we learn two important things i think about mark zuckerberg from that exchange. one big fan of vin diesel

movies. look at those guns in zuck. he could join the squad. >> very similar wardrobes as well. >> as for the movie, ninth biggest opening ever. best opening ever. nice weekend for comcast and universal. >> when we come back, this payroll startup boasts an a-list. ashton kutcher. today, the company's announcing a brand new round of funding. senn payroll will join us on "squawk alley" in a minute. to h. we love free checked bags. i've saved $75 in checked bag fees. no foreign transaction fees means real savings. we can go to any country and spend money the way we would in the u.s. one of the best things about priority boarding is you can just get on the plane and relax. i put everything on the explorer card. i really want my united miles.

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here's your cnbc news update at this hour. an indonesian court rejected a last-ditch appeal by two australians convicted of drug smuggling. the two are facing an execution by firing squad after being convicted of being ring leaders of a plot to smuggle heroin out of the country. failing to remove content related to a deadly hostage crisis last week. both companies are working to restore service. her ball life fell as much as 12% after receiving a report that several law enforcement agencies contacted companies last week. they are focused on about ten

top herballife members. this man able to walk away from a plane crash. he was piloting his glider in nevada when turbulent weather tore both wings off the plane. he was able to parachute to the ground moments before the glider crashed into a parking garage. let's get back to "squawk alley." all right. thank you so much, courtney reagan. payroll software companies making waves last year after announcing funding backed by the likes of evan williams of twitter and ashton kutcher. now they're out with the latest round of funding this time led by google capital. joining us live from our 1 market bureau in san francisco, joshua reeves. it's good to see you this morning. >> good to see you again as well. >> what will google bring to your existing slate of investors that you didn't have before?

>> we're very excited to have them involved. for us, really funding is the enabler not the destination. we're going through a lot of hyper growth in the business. they have a tremendous amount of experience with scaling. as we go from really less than 60 people to over 300 this year, they can bring a lot of expertise on how to grow in a way that still celebrates our culture. >> some of your competitors already have quite a bit of scale, now taking their business into the cloud as well. how much of that gap can you close with them with this new roupd of funding? what do you see as the competition between you and some of those other bigger players? >> when we started the company a little over three years ago, we had this bold idea that payroll was really about people and a time to celebrate a person's work and the time they spend on the job.

paychecks and adp are definitely the largest companies in the space. it's going to be changing very quickly over the next five years. we're very focused on serving those small businesses. now that we're two weeks away from being nationwide, we'll have a chance to bring the product to everyone across the country much more quickly. >> what do you have to do differently in this environment to scale carefully? you're planning to grow from around 60 employees now to maybe 300 by the end of the year. you're looking into new office space. what do you have to do to make sure your revenue is stable and you're not growing a too fast? >> yeah, i think a lot of it comes back to really the values of the company. this is something we hope to spend many decades works on. i always remind the team that we have to be very deliberate in our hiring. in our case, it's a very

cost-effective platform we've built. we have great monday at theizati theization. we give customers a one or two-month free trial. so i think as long as we maintain that focus on high quality customer experience, maintain that monday at theization, hire very deliberately and think long term, we'll be set up for success over the long-term future. >> we just got a jobs number this past friday. i've seen some charts that argue that building a business from scratch in this country, over 20 years, it's a smaller and smaller percentage of overall employment. does the macro backdrop feel like a big tail wind for your company? >> yeah. when we started the company again, we feel really privileged to seven the small business customers. three and a half million are less than five employees. these are folks on their own for

a long time, trying to figure out how to run their business. these are folks that again didn't start a company because someone told them to. they start add company because it was a labor of love and a passion for them. these are very much the foundation for the economy. there are millions and millions of businesses today doing payroll by hand and paper and spreadsheets. over half of the u.s. workforce companies one to 500 in size. we see a huge opportunity in how these companies are run to make their life dramatically easier. and bring them technology that used to only be available to big companies. these are products that used to only serve big businesses. now we can bring it to a one, two, five, ten-person company in exactly the same way. >> congratulations on the new round of funding. we'll have to have you back. >> thank you, it's pleasure. when we come back, flip card, the amazon of india valued

at u7 to $1 billion. first, rick santelli, what are you watching today? >> well, we're going to have to digest friday's number. that holiday short in session and i was there. it was exciting. maybe the response over the next couple weeks will be ever bit as exciting. we'll talk about that after the break. llo. i am a fully automated investment advisory service. i can help you choose investments. monitor them. and rebalance your portfolio. i can do a lot of what humans can. except have a real conversation. if you'd like that, you can always speak to someone at schwab. they aren't algorithms. try not to hold it against them. say hello at intelligent.schwab.com

top of the hour, what a

reversal on wall street today. we're all over the markets. plus, we kickoff halftime's energy summit with rbc's head of commodity strategy. all-star lineup coming your way all this week as well. then a five-star fund manager makes the case for emerging markets. we'll also debate mcdonald's. see you in about 20. >> sounds good. we'll be there. flip cart, india's most valuable private company saying it expects a profit within two years. it is on track for that goal and would consider going public once it does turn a profit. we interviewed the company's chief product officer just a month ago. he addressed the company's size. >> flipkart is a very, very large company. a key thing about that is to make sure we have a lot of focus. i think india is a very, very

mobile centric economy. almost 80% of all transactions happen on mobile. it's very important to think of product in terms of mobile, in terms of how people will use it on a mobile phone. >> looks like it could be a smart move for him going from google to flipkart given all the possibilities there. >> next generation of mobile to a large degree. meantime, dow's up 119. these are session highs. let's get over to the cme group and rick santelli. >> i was one of those and i consider myself lucky people to be here early friday morning to bring out the number. numbers are important. we have lots of isms where we go through a third party of sorts to get impressions of purchasing managers with regard to a variety of topics. today, the service sector was a bit dichbt. in the end, impressions like

consumer confidence are good. maybe the best continues to be monitoring the data. 126 k minus 1,000 in manufacturing, these were weak numbers. and all the e-mails over the weekend, how happy people were, people that really follow the markets, price discovery trumps managed price action. we're talking about how spongy equities would be. not meant to be. equities are up, but so are interest rates. 189. we definitely did one day settle under 186. and we know how important that level is. today is more about a couple of different things. limit -- the limit of a level of interest rates of course that's the fed funds rate. currently zero to 25 versus direction. this is key. if you believe that interest rates currently zero to 25 should have at some point maybe been closer to 125, we see that

being data dependent, forgetting pass policy, does auger, if you connect the dots, things may be moving lower. it may imply that the rate hike is further down the road. that's maybe why the responses are the way they are. on the notion of equities moving higher taking the buying away from the fixed income market because equities bounced. here's where it gets interesting. right now, i get lots of e-mails that the ecb and their quantitative easing program, they're not really trust worthy in the eyes of traders. remember, things like aaa corpse and super naturals seem to be international company securities, kind of government agency kwau sai securities, those may not be or accomplish what the market wants.

all of sudden there's this notion of an early taper. i can't answer that directly. there's also residual ire that in 2008 or 2011 the ecb went the other way. they had a couple boughts of tightening. in the end, i'm talking about maybe you look at the data and it's a bad time in terms of synchronizization to raise rates. that's what the fed's going to have to contend with. maybe they should have been at a higher level so they could. it's going to be synchronizing that's the problem. back to you. >> we only have a month of data from the ecb's qe program. we'll see how it turns out. rick santelli in chicago. it's not just the new watch. we'll tell you the reason why april is one of the most

important months for apple. plus, which live streaming ap will come out on top. why we could know the answer a lot sooner than you might think. "squawk alley" is back in a minute. can the right treatmentsease? for you is out there. the problem is some of it's in this lab. some of it is in her head. some of it's in this new journal. and the rest of it is in your personal medical history. ibm watson can not only read this data, but understand it. it's trained by doctors. and it's always learning. it can help find hidden correlations and help your doctor recommend treatment options for you. there's a new way to work and it's made with ibm. [ radio chatter ] ♪ [ male announcer ] andrew. rita. sandy.

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it's not just the watch. april will be a critical month for apple before they start going on sale. before those watches even start going on sale. let's get back to josh lipton live at 1 market in sfrans. >> apple's investors hope that the month of april showers them with even greater returns. the tech giant stock is soaring, up some 15% so far this year. more than 60% over the past 12 months. in the next few weeks will be critical in determines where the stock is headed. the action starts this friday. that is when the company starts accepting preorders for the apple watch. apple making a big markets push here as you all talked about, releasing new videos of the watch over the weekend. analysts think apple will ship 14 million watches this year.

that is a drop in the bucket compared to the more than 74 million iphones the company shipped last quarter alone. if apple begins offering more killer apps for the watch which officially launches april 24th, sales could surge. the next big date on apple's calendar, april 27th. that is when the company reports second quarter earnings. wall street expects epfs of 213 on revenue of some $55 billion. that would be more than a 20% jump in sales. rbc e thinks apple will deliver better than expected q2 results. the big news he says will be the ceo's decision to launch a $200 billion capital return program thachlt would represent all of the company's free cash flow over the next three years. and just as important as q2 results will be apple's q3

guidance. investors will want to know how much of a drop the tech expects in iphone demand after that global rush to buy the iphone 6. >> interesting spring, josh. call it the mobile live streaming wars. twitter aiming to dominate the space. rival meerkat nabbed the early mover advantage. here's what the ceo told us last month. >> our main focus is making sure that the product is going to be solid and working. that every time you press that button, people will be tuning in and it will just work magically. we're focused completely on making this something awesome. i think the community is still amazing and it's still small. >> so be pair scope kill meerkat. joining us is shelly palmer. most of the new york tv show,

shelly palmer digital living who walked onto the set doing it today. >> good to see you. >> how can something become a phenomenon and get wiped out all in one month. >> facebook tried to kill snapchat by building their own. big companies try to kill small companies. twitter launched per scope about four seconds after meerkat launched. they were the darlings of south buy right up until they closed their round on the same day twitter announced periscope. >> look, you have this environment where you're trying to get developers to build apps, build programs on top of your interface and then you make it inhospitable for them to operate them. >> and then there's this, which is we're going to cut you guys out and kill you just to watch you die. meerkat's an interesting and good user experience.

periscope ask a great user experience and very integrated into twitter. i have to tweet out what's happening in meerkat now because it's not integrated. five minutes on periscope, hundreds of people watching live, a lot of stats coming back. that's really going to be the story. >> does it even matter -- i mean, live video -- there's very little that i actually care to watch live. a lot of people say rngs look at me, i'm on meerkat or peri sds scope watching my kid sleep. i don't need to see that. it's not a passive activity. watching live video versus scrolling through your feed, you have to take aside time to do that. >> it is going to matter. one, you're right. 1% create, 90% watch. that's going to apply like it does throughout all social

media. what's important here is the tool set that is integrate second-degree going to win. when you say does it matter if they win, yeah, ultimately if this becomes a good way for people to broadcast a football game outside the nfl's capability of stopping you, change the narrative, set up entirely new ways to find a niche the way social media blew up some starts. kim kardashian i think is one of the great social media stars. president obama's campaign was a big social media campaign. who wins will matter. >> who gets paid too. if you're peri sds scoping something that's exclusive condition tent, you would want some money for that. >> slultly right. >> if you periscope a football game, you're going to hear from the nfl, yes? >> of course you will. the question is, what can they do about it. >> especially if it's in the thousands and thousands of

periscopes. >> if you're going to try -- we know from the record, recorded music companies, it's not the greatest thing to do to crush people's create activity. we know distribution is important. the question you're asking is so right, does it matter, will people want to do it. what we do know -- there's a couple less stops here. one, meerkat shows up, twitter says, no, we're going to do it. not sure that's always going to work. snapchat is blocking everybody. they're going to be the guys that you have to go to now. it's a more interesting question from a technology standpoint. we like to build platforms. once we get to a critical mass, we need to hold onto this because we need to monetize. >> yes. they got to hope they do it like facebook did and not like myspace did. they blocked people out too soon. >> absolutely right. >> please come back. see you later. when we come back, edward

snowden, meet john oliver. more on that when "squawk alley" continues.

♪ last week, tonight host john oliver taking on famed nsa whistle blower edward snowden on his show. he asked snowden if people simply didn't care enough about government surveillance because it's just too complicate sfwld there's no doubt it is a critical conversation, but it is a conversation that we have the capacity to have because it's so complicated, we don't fundamentally understand it? >> it is a challenging conversation. i mean, it's difficult for most people to even concept all liez. it's massively complex and so much of it is visible. >> let me stop you right there, edward. this is the whole problem. >> right. >> this is the whole problem.

i glaze over. it's like the it guy comes into the office and you go oh [ bleep ]. >> they're calling it a jurnistic comedy, a big coup for hbo and oliver when went longer than the 30 minutes on sunday. >> feels a little bit weird, though. what happened with edward snowden, very serious. are we ready to laugh at that yet in tech companies are still wrestling with it. >> you think oliver has a point, though, don't you? >> there's so many. enterprise software in general, much less having a strong password and how many times you have to change it, even webcams people are rightly concerned about, yeah. >> we have discussions about net neutrality which doesn't even have the emotional complications. >> that's going to be an interesting one to watch. this market, how interesting, the symmetry. we were down 116. now we're up 116 and change.

dow's up 123. obviously the premarket was looking for the market to react with disappointment to friday's job number. some argue the weaker dollar may be something the market's looking forward to. let's get back to headquarters. scott wapner and the half. ♪ >> welcome to the halftime show. let's meet our starting lineup for today. joe is the senior managing director at ver advertise investment partners. john is pete and the co-founders of option monster and steve on the floor of the new york stock exchange. he of course with stewart frankle. golden or broken arches. whether mcdonald's shares should be on your value menu or not. we kickoff a special week of energy coverage today. what is your best move right now following the deal with