for that amazon up after hours. on monday, make sure to tune in to "the closing bell," an exclusive interview with j.p. morgan ceo jamie dimon on "the closing bell". >> and the banks are doing better. >> doing pretty well and i will be discussing all of that and that does it for "the closing bell." "fast money" starts right now. "fast money starts right now on what is a huge night for earnings everything from amazon, amgen, intel and starbucks to chipotle. we have full team coverage throughout the hour and all of the big names, meg terrell, and kate rogers pulling double duty and julia boorstin on electronic arts plus we're pulling out all of the stops for the big kahuna, amazon falling a bit before jumping to touch an all-time high as wall street digests the earnings bit and the whole gang

is here, fast money friend gene munster and courtney reagan will be parsing through the headlines and we have top technician chris barron with instant reaction on the charts amazon, the last of the bank stocks to report, and the touching an all-time high any gunning to be the first company to be worth a trillion dollars in market cap. the stock holding up much better than its fears in netflix and both getting crushed and not exactly killing it after hours do you keep buying amazon here and is fang losing its dominance? guy? >> the answer to the first question is yeah, i think you do if you look at amazon's quarter and we were talking before the show 5.6% and distributors are looking for 3.2% and it's 20% of the revenue and last quarter was 18% and that's trending in the right direction. obviously people will come on every day of the week and talk about valuation and they continue to put up quarters that

are pretty stellar in my opinion and this comes in the wake of obviously what we talked about for an hour last night facebook you see how one company can miss badly and another company can keep hitting it out of the park. >> they have a lot of shots on goal that will come around for them and there's no doubt they have a huge opportunity there getting into this, you know, the pharmacy distribution business and that will be enormous for them and we did an account about that and the opportunity if they made an acquisition what it looked like from a revenue perspective and it took a $20 billion opportunity in 2020. so there are shots in goal and aws revenue is accelerating and this operating income number was obviously bigger and it probably was because the investments were lighter. >> it's important to remember with a company like amazon that there are a lot of different levers and we were talking about facebook and when people were defending it last night, down 27%. they don't have a plan to do that now they have to fix their main lever right now. here is a company that just printed $53 million in the

quarter and that income was, about, 2.5 billion or so this is not something that's, like, so impressive here i'm kind of surprised the stock is making a new all-time high in the after market the revenue guidance they get, yeah, it was a little light and they'll probably beat it, but i don't know how you can say oh, you should buy this stock at 1870 unless you're one of the true believers and if you were to have a reset at some point you weren't going to sell it >> the stock was down 3% during the regular session so it's up 3% or so in the after-hours session. >> it's a relief >> you know what it wasn't facebooked >> right >> it was not facebooked at all. the mix is changing in a favorable way and not just rate, the rate of growth is accelerating and the margins are better there and they're touching on running it more efficiently. so that's -- and they think they're in really early innings and that's a pretty huge, huge

part of the story. >> dan hit it, and we sort of aren't blowing out the quarter and we're not seeing real acceleration in the close. we're getting back to where the stock was. the fear of what if this is another facebook and what if this was another netflix and the narrative here hasn't changed much i still think they're going to make investments and they're coming into a quarter where heavy spend will pick up in q3 because they started to get their fulfillment centers ready to deploy for the holiday season and we're in a period where you canbuy the stock very comfortably. >> it's a $900 billion market cap company and we had this sentiment blip yesterday where it really was -- listen, i think what happened on facebook yesterday is very healthy and it's important to remember that our stocks are subject to the laws of physics. >> so the fact this this stock is not all over the place or is not down ten plus percent. that's fine. at a new all-time high to come

in and establish a new position, i think it really makes sense to wait for the resets and i think all of these stocks have been very volatile. apple, if we're talking fang with two as, it had, what? a 15%. peak to trough decline and it came all of the way back and you get your opportunities to buy them and the news is out there after a quarterly print trading an all-time high is the day to do it, or facebook when it trades at an all-time high >> facebook, we talk about the market cap of facebook the stock like that goes down 25%. what does that say for the potential for the broader market to have a move of that magnitude, but a move of that speed like the 5% to 10% in a day. if facebook can move like that with the speed and the acceleration that we saw, who is to say it couldn't happen in the broader market >> the counter could be that facebook moved this much and the markets barely moved >> which absolutely emboldens the bulls. >> i get it 100% when you see a move like that,

you have to take notice, i would think, if facebook can move in broader market. >> if you don't see that that's so idiosyncratic to them to me the idea that google was up today is astounding >> just barely the etfization of the market, maybe that impact was overblown this whole time. i mean if facebook can go down 20%, doesn't that tell us that maybe we were worried about nothing? >> i think the etf, whatever occasion that you're talking about. >> no, but it's really important. >> i think what guy's getting at, if there was ever a reason, including microsoft that make up $4 trillion in market cap, if they all headed for the door at one point, then you have the situation where the whole thing could snowball on some of these other sectors and let's not forget and i don't know if you saw mike wilson on the halftime report from morgan stanley

he made a good point that there is a rolling bear market and scott pushed back. look at autos. these are two of the most important industrial in manufacturing and all of this stuff related to them and they're massive bear markets and financial stocks are down 10% from their highs if you lose this leadership group they have the potential for the whole thing to snowball. that's just a fact i'm not saying we're at a market top and facebook could be the first sort of thing -- >> that they didn't, and there was no collateral damage at all. >> i agree with you it's impressive for instance, if you start losing legs of a chair. >> see, this is strong despite a huge whack at it does that make you feel better about the strength >> it was obviously rotation and other stuff and it's important to go back and look at boeing yesterday. here is a stock that's performed just like amazon up 50%. it was down 3%, 4% and it closed up on the day and it is a bit of a rotation, but i don't know how long that can go on for, but i

think it's important to keep a close eye on it. >> i think investors understand that the face to face commentary, and that's a complete shift from what they normally do. this is a company that's been incredibly consistent for the last five years and they pull the rug out of investors with the comment about their margins and it scared the heck out of people and they're talking about managing this business long term and not quarter by quarter and that stuff i think the bigger investors sand bagged it they they didn't do it, if it was trailed the fact that it's an all-time high, and you get the stock down pretty reasonable >> so i think they're in trouble from the sand point of the stock working for the next six months. they've got to prove a little bit about the new narrative and transition they're going through, but ultimately i don't

see the stock going lower. >> the new narrative is slower growth that's just what it is. >> it's slower growth. so the question, are they going to be able to attract users and can they get a better margin from an advertising perspective because they're the choice >> back to amazon. >> quickly back to amazon if you've seen one thing over the last few months there's nothing wrong with taking money off the table and the environment that we find ourselves in is amazon give young a gift that it's rallied in the after market maybe. it was down during the day as well and we're basically where we closed yesterdayish i think the quarter is good enough for us to continue to have legs and the fact that the s&p continues to grind higher is re, maable and the vix was lower today on what was a historic day on one of the companies. >> that stock was down 20% and vix closed lower on the day. there's something that doesn't really add up. to karen's point it's

idiosyncratic on facebook. >> more on amazon's after-hours move and let's get more from chris from strategic partners. >> hi, melissa certainly a good response from amazon up about 3% in after hours and we do need to take into account the stock is up a lot this year. i would look to today's low about 1800 as a good, tactical stop for longs and 1750 as a good longer term stock and that's the upturn that's been in place for the last year and what cues are telling us, when you equally weight them, they were actually up so the average tech stock actually fared pretty well despite facebook one of our favorites does not get enough attention here. this is apple making new relative highs and we're targeting 1400 here on alphabet and lastly, this is apple, did not get enough attention that would make new -- right

there in absolute terms. you get it above 195, 196 and 2.10 and 2.15 and this is a leadership stock and we want to own it here. >> come on over. >> now you are just -- this is not a democracy, and it's in this world >> so the price action today proves that technology is still strong >> the on. >> stronger than you thought >> it hit facebook hard, as we know equal weight they're up you look at the s&p and the average stock is very well and one of the most important stories today is that people are not talking about 50% of the industrial sector in the one-month high and it's a sector that's been out of bounds for six months and it's starting to show up again. >> he fsz talking about twas ta rolling bear market. should we concerned about the

rolling bear market? >> there are pockets of leadership in the bifurcated tape they start to show back up here. the response from the banks in the last two or three weeks has been absolutely fantastic here and you look at health care and lily breaking out of a two-year base and a good point, there are some groups that are absent. >> how do you think bank stocks will act if homebuilders continue to make new lows and if we don't have stufr with boeing. to me, it's just -- the writing is on the wall for some of the stuff and when you start to lose some of the mega, mega horsemen that are literally driving their weight on an absolute basis. >> it's a good point, and i think when you look at the banks, remember put volume has been in the last few months, so expectations are low, so the bar is low for this to surprise on

the upside you saw the last two months and that is a good contrarian signal that you want to buy >> know you looked at the charts and i can't let them look at the rhetoric on trade that was up 36 hours and it's been a lot better that, to me, seems more important. how do you factor that in or do you not factor it in at all? >> from the perspective of trading the news is an easy way to lose money in the business and if you look at how bier doing it, this type has been in spite of what ms. been nasty headlines for three or four months >> you have to view it as a win, and the fact that it's right back at 250. you have to sb they're are they're going higher >> just quickly. facebook chart >>y think 175, down to 165 is the line in the sand and if they hold it i'll get interested, but when a stock breaks like that, it still has to repair.

>> chris marrone, stra teaguis -- >> maybe when we got into a fight a month or two ago to be fair it did drop and it broke out and i agree with chris. it's probably one of the best-looking charts in the entire market the world over, but you were right on the fundamentals and the technical setup was great and you talked about the consolidation and the nice, long base. >> thank you >> he's right. >> coming up, we will be monitoring the amazon, and the soft reaction throughout this hour looking at the shoo from becoming a reality biz peas back having's -- facebook, is it the sig falling

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welcome back we've got a bitcoin alert. let's get to bob pisani for

details. bob? >> hello, melissa. the sec has disapproved the application of the bzx exchange to list and trade shares of the winklevoss bitcoin trust it emphasized this disapproval does not rest on any evaluation or opinion on whether bit coin or block chain technology has any value as innovation or an investment they stayed away from that the sec noted that it would seem that more than three-quarters of the volume in bitcoin occurs outside the united states. 95% of the volume, they say, has occur nrd non-u.s. exchanges the bid as it spreads very widely across exchanges, they said the volume in bitcoin futures markets are very small 20% of the volume of platinum and 2% that of silver. its mission is designed to prevent fraudulent or manipulative acts or to protect investors. they said this over and over again. they were concerned about fraud and manipulation of bitcoin,

particularly since this is done largely in an unregulated, offshore market. as for searches that she web resistant it the manipulation. the record before the commission does not support that conclusion now, there is another bitcoin etf application that's still active, melissa, and that's the vanex solid bitcoin trust. the sec had no comment about that application so that is still out there right now and by the way, the vote, the sec vote, 3-1. melissa, back to you. >> it sounds like the sec is saying bitcoin is a fraud. >> it's not a frau -- they were very careful in seaing we're not saying that there is something wrong with the whole block chain. he thinks these are promising technology, but over and over again, we are finding that they are indeed subject to fraud and

manipulation and the fact that it's an unregulated offshoer market, basically, they're saying you want us to approve something where all of the trading is in an unregulated market, it doesn't sit well with my mission i'm sitting at home and thinking what bitcoin can be manipulated is that true >> the sec's job is to make sure they're protecting the retail investor and this is the foremost most important thing that they have so i can understand. i don't think there are expectations for things to be approved and there ask a place for this to be a trance earn vehicle and to allow the next to come in with confidence and they're drawing a lean in the sand and i think it's a good thing and it's interesting at these levels. >> i would imagine if you take the top ten cryptocurrency, it would make the market cap.

it's still really easy to download >> for consumers, it's still really easy to download coin base and you do a lot of things with it. it's still in the downtrend from those highs back in january and its made a series of lower lows and lower highs. so we've just had this 40% rally since july 4th, because some enthusiasm, and i know you said it it wasn't expected. >> to an earnings alert. wall street is bought that lord, there you're cell in the oping session and they both beat them in the top and bottom lines. let's take a quick look and yifrt from jp morgan and that

was echoed bya few other analysts and michael yee calling it like amgen. look clockwork amgen just finds a way. other biotechs should take note, meaning are the bioteches that swing back and forth between 52-week highs and lows should figure out how to be just as slow and steady as amgen there were news from executives at amgen the head of rnd, sean harper is going to retire as well as their head of commercial tony cooper sean harper is retiring, i think today his job is being taken over in september and hooper is being replaced by gordon from bristol miers and we should note that amgen is the fourth big biotech to report earnings, and rounding out a very solid quarter for these amgen, celgene, and biogen and gilead

its quarter actually looked very good and something that michael yee from jefferies noted for us. >> meg, thanks pf meg terrell. what do you do, guy? >> it was at 201 or so and we're basically up against it now. that's, i guess, the good news and this is the way i look at it they beat the quarter and this is the second quarter they beat by 28 cents and they raised the lower end of guidance by 50 and that's great and they lowered it by basically 28 sepps and take it for when it's forth valuation is up where amgen and you see it down in the same amount of time we're at the top end of the rage if you've been in this for a couple of months you absolutely have to take the top >> i wouldn't be surprised to see it's all in the news scenario tomorrow morning and it will be interesting to see how it reacts tomorrow a lot of the big-cap name his a run-up into earnings and it's a

news, vent we'll see. still ahead, check out shares of amazon up around 3% and pepsi in after hours and the conference call in a few minutes and i'm melissa lee. >> first in business worldwide here's what's coming up on "fast. >> $120 billion because that's about how much facebook lost today. so is it now a value buy the dean of luion llvaatwi weigh in traders are expecting a huge move from twitter when it reports earnings tomorrow and we'll tell you which direction when "fast money" returns.

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welcome back to "fast money kwoe money," last night on fast we saw facebook free fall does this signal the end of the growth trade a very busy night for our own bob pisani who is still live at the new york stock exchange and

he's got more on this. hi, bob. >> we have two disappointments, netflix and facebook, although not tonight with amazon. so is it time for investors to finally end their slavish devotion to a small group of hypergrowth stocks and start considering something else maybe beaten up value names? what an idea they've neglected and trade for their intrinsic value and investors have been obsessed with growth and really obsessed with the biggest growth name and the fang stocks for the past five years the gap has widened should year. the i shares etf is up 12% and today the i shares valued and that's flat year to date this has been going on for years since 2010 the russell 1,000 growth index has outperformed the russell 1,000 value index by roughly 70% and that's according to patrick o shaunessy, not surprisingly since growth is dominated by what else? the fang name, facebook, amazon,

apple, alphabet and netflix. today for the first time in a long time, value notably outperformed growth and names associated with value so oil stocks like bank stocks and j.p. morgan and consumer names like walmart, procter & gamble and pfizer they've been trending higher recently is there any hope for value. anyone ever swap into the cheaper stocks well, they might, but banks, energy and retail stocks, those are all of the value names, folks. they've been horrible and underperforming for years and for very specific reasons. banks because of slow growth and flat rates and energy has underperformed because of the oil collapse in the retail and all because of amazon. if all of this starts to change and we finally get back to decent earnings growth in those three sectors, value may finally start to outperform for the first time in more than a decade let's hope we get some moves there. back to you, melissa >> thank you >> bob pisani at the nyse.

tomorrow we're expecting what larry kudlow has called big gdp report donald trump said it would be 5%, but he'd be happy with 4% gdp. in this environment where we do have strong growth, do you buy growth or do you buy value >> yes >> i own some things that are considered growthy like alphabet, but i think of that as value. for me, the j.p. morgan that he's talking about, and j.p. morgan, you talk about it being down to its highs, okay, but still, for the year with dividends, it's probably up 8-plus percent which is better than the market and even at this price. i think there is a lot of value here if we see a big gdp number tomorrow i think it's good for banks. >> my question, and i'm just throwing this out, what is a good gdp number do to the market is it bullish or bearish especially what he said to joe

kernen that he's not happy that he's in this rate-raising cycle. it's fascinating to me i would say a 5% gdp is negative for the market and i've learned the hard way a number of times. >> negative for market or more negative for growth stocks >> growth stocks, based on what bob just said i think growth stocks would go down faster than value, but again, maybe a good gdp number is good for the market that's the environment we find it it's fascinating to me, though >> let's talk more about undervalued, overvalued. our next guest says facebook is undervalued here and that you should buy the stock at these levels you want to listen to him because he's often referred to as the dean of valuation we call -- finance professor at nyu. professor, good to see you as always >> good to be back. >> you say that we should have known about the guidance from facebook all along did you short the stock?

it seemed like it caught everybody by surprise. >> the reason i said we should have known is facebook has been telegraphing for almost the entire year, two things. one is they're shifting their focus away from news to friends and that will have an effect on advertising and the second is that they'll hire thousands of people to take care of our privacy. those people don't work for free so what you saw yesterday for facebook was not unexpected. their margins decreased and their user numbers and the growth was low and the bigger number to watch is user intensities and the time that people spend on facebook, that we don't know yet because after perhaps one of the worst quarter in terms of pr that a company's had, i was surprised that the use of numbers actually went down so to me, what you saw with facebook yesterday was a reflection of what's been going on all year and what the market did and this is what's surprising to me is after april, the market seems to have forgotten all about the privacy scandal and gone back to business as usual and i think they got a surprise yesterday that they deserved

>> so you say undervalued on facebook and amazon was 3% after hours. what are you saying on this? >> amazon terrifies me as a company simply because you find it overvalued and you cannot bet against it because this is a disruption machine and i'm not sure what business the company is in anymore. it's a platform that can be used pretty much to disrupt any business and that's what's being priced in. we punished facebook for the margins going from 44% to 47%. >> it went from 6% to 8% and we're using different sets of rules and expectations for the companies and amazon is on its way up in terms of margins and facebook is on its way down. >> amazon, you say is worth $1,019 let's fast forward we're running out of time. tesla, you say is worth 190. overvalued >> tesla to me is the danger of investing in a personality rather than a company. i think that we can talk about how great the potential year is,

but this is a company where the story doesn't make sense because what the company is saying about what it needs in terms of future capital is at odds of what it needs to do to become a great company. it's almost like the company needs to make up its mind on what to do and in this case, when i say company it's elon musk. >> always great to get your analysis do you agree with the professor? >> i agree with him on facebook. i think it is very important that the sentiment has changed and we know it's white-hot headed and there were 42 buys and two sells sort of thing. the psyche is as for as investors and they have to be that over the nextiary and fix some of the major land nobodies go up in the upcoming election i said this back in april and i

didn't think it would hit an all-time high for a long time. i was wrong this other time and now it is a show-me story at a reasonable valuation, though >> you own facebook. >> i own facebook. >> what are you doing? what are you being looking for how do you feel about it no, i feel that this to me it shouldn't have probably been there, but i don't think that it should be here i think that if you were to just step back and you didn't know where the stock had traded from may until now and you see this quarter and there were -- he talked about -- the professor talked about rj ma ins going from 44 to 30-something. extraordinary growth any powerful machine and other potential growth on out there and trading at a valuation that is not particularly high relative to the market and plus they have a boat load of cash. i like it here, if i own none i would buy it and i went home long and it's the same as buying it >> head to trading

nation.cnbc.com and one technician lays out the next key levels to watch. meantime, still ahead on fast, amazon up 3% the stock touching an all-time high help the conference call just kicking off >> courtney reagan and gene munster will bring you the latest >> plus let's get, check check soaring and we'll get instant reaction from the street much more fast right after this. that's tough to do. schwab does it. next question. do you offer a satisfaction guarantee? a what now? a satisfaction guarantee. like schwab does. man: (scoffing) what are you teaching these kids? ask your broker if they offer award-winning full service and low costs, backed by a satisfaction guarantee. if you don't like their answer, ask again at schwab. if you don't like their answer, with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done!

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welcome back to "fast money. we have after-hours action, starbucks, and chipotle on the move kate rogers, and let's get to josh lipton first on intel josh >> well, when we started off the call the stock was down 3% and its taken a leg lower here and a couple of different challenges with intel and one was these manufacturing issues that the company was having with the next generation of processors and ten nano meter on the call and ten nano meters are on track with systems on the market in the second half of 2019 and now on the call some analysts had questions about that that time line seems to be kind of a long time and they want to know what the challenge was and what that means for competition. murthy, the company's chief engineering officer who was on the call, he's been named as the potential ceo. he said the challenge here is delivering on all of the

revolution modules, and there is a delay, but he's arguing on the call that they feel good about their competitive position given where they are with 14, and that will continue to drive product leadership the data center segment is coming up. up 20% to $5.5 billion and that didn't miss analyst expectations and some analysts are asking about competition there as well and bob swan serving as interim ceo feels great about the competitive position and the growth reflected there and the investments they have made >> one final bid about the ceo search and not a whole lot on the call about that. the board is making good progress and no hard timetable and he says that the board is, woing in his words with a sense of urgency melissa, back to you thank you. josh lipton on intel for us. where do you go from intel lipton, is that a good-looking man or what? >> i think he's blushing >> oh, there he is

>> here's the thing. we were just talking about -- we were just talking about growth versus value and i think intel's a great example and every single person on this desk, maybe even you, last year when the stock was in the mid-30s and the growth yield and now there's so much uncertainy aty. >> concern about the chip environment or both? >> both. it trades cheap for a reason now and on a technical base 'tis broke the uptrend from september below 50 to me i think it will have money for a while. >> so yesterday the chinese regulators did not approve the qualcomm p.i. deal and not that intel was on the market to do anything and that underscores the notion that for chip companies right now it is the business that they have. survive on their own. >> that there is no combination at least while the trade war is going on >> it's interesting. i agree with everything that dan said intel is not ridiculously

expensive and the uncertainty on the ceo level is concerning. asps were okay. >> do you think he would be a good ceo of intel? >> i don't know. >> they've taken a step back from servers and that's where intel is growing do you think a deal can get through? >> in the u.s., yeah i do. >> qualcomm is better buying back their own stock in my opinion. >> which they are doing. >> quickly >> fair enough >> it's on fire. >> but most of the things that qualcomm have been self-induced. they seem to have gotten -- i don't know let's talk about amd real quick, though >> very quickly. >> 21 now. >> down to 21 and this has gone from ten when susquehanna downgraded it back in april or march and you see where it is now and we've actually been on this thing, as well. >> all right >> now i'm getting permission to

do a would you rather. amd or intel seeberg? >> amd without question. it will have an impact on intel's business next year they will press them from a margin perspective and i think they're getting share and an amazing company. >> poor kate has been waiting. >> kate rogers >> that's okay >> starbucks on chipotle >> melissa, thank. the top and bottom lines this quarter and the comps fell in line with the guidance that the company gave last month of 1% for the quarter and u.s. comps also right in line china comps fell 2%. kevin johnson, the ceo said they're focused on growth in both china and the u.s. as a top priority adding that it's delivery in beijing and shanghai and it is returning the amount to shareholders to $25 billion through 2020 and that's an increase of $10 billion from where we were previously guided. i spoke to starbucks' coo saying the company is scheduling to reducing the amount of

administrative tasks that the partners be more, fisht and they've not seen the impact to the brand since back in april in philadelphia nicole miller reagan said there is reserves with starbucks and that's being overshadowed by domestic comp performance. >> comps increased by 3.3% and the new ceo brian niccol said they're 10.3 of total sales and delivery will be in 2,000 restaurants by the end of the year from morningstar, the company wouldn't have been able to achieve this if they had been seeing positive feedback so far from brian nicc oshs l as well as the initiatives he's implemented with digital order and pickup, melissa? >> thank you kate rogers. on two stocks reporting in the after session. chipotle or starbucks? >> chipotle is sort of more

interesting and the turnaround seems to have taken hold and the same-store sales is such an important metric and however, that's expensive. >> it's 90%. >> it shouldn't have been there. there's a lot of good stuff already built in here. i like the turnaround, but i can't on this valuation. >> let's get a check of other big earnings movers as we head to break amazon, as we mentioned had an all-time high. we'll bring you the very latest from the conference calls and get instant analysis from wall street when "fast money" returns.

welcome back to "fas money," we have video gamemaker electronic arts and let's get to julia boorstin in los angeles. we'll get wall street's reaction to that report >> while electronic arts beat on revenue expectations, the stock took a tumble on disappointing guidance here's what wilson said after the fortnite and the rival epic games. >> fortnite continues to what we believe expand the audience. we saw incredible engagement in our games through the quarter. as we talked about, we had over 15 million people join our world cup mode in fifa, and so our expectation is that as they continue to expand the audience that provides emfrtremendous opportunity for us going into

the holiday season. >> the big move into pc subscriptions with origin access premiere saying subscriptions could be transformative for the business esports saying this competitive fifa season drew more than 20 million players and 80% higher viewers over last season become over to you. >> thank you very much, julia boors tip. >> that's probably why the stock is selling off the stock has had a pretty big run from 120 to 142-ish, pulling bah being now. i think you can get another opportunity to buy it, and i think the whole space is interesting. we've talked about it for a while. take two, so listen, do you go out and buy it on the sell-off no, you probably get it lower, but you look at the margins and the business is going well and valuation is concerned >> think it's the best valuation in the space it will trade across the board from these guys and there's still more down side and this is

an amazing, amazing growth trajectory and it is the fort night. it's finney. think back to a couple of summers ago and remember pokemon go >> it is all of the time >> it was a flash in the pan it was one of the quickest downloaded things and so fortnite seems to have staying power and right now we're hearing from all of these ceo gamemakers saying it's raising awareness for the offerings that we have. if it keeps going that way it will hurt these guys over the next six months. >> still ahead, amazon higher in the after hours and the stock hitting an all-time high as the conference call is under way luke is dialling in from the red phone and we'll get his take away on the quarter in just a few minutes. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture.

>>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. - anncr: as you grow older, -your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life.

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final trade time, dan? >> all eyes tomorrow morning on twitter. by 12% $5.50 or so. >> wow >> berg? >> google. just from the safety perspective in social media or in faang. i have to say this right. >> karen >> i think we will see a hot, hot gdp tomorrow and to me that translates to higher rates

tbt. >> guy >> the last two days the shows have been -- >> hai >> and cypress semi reports tomorrow. >> cypress semii >> i'm melissa lee, and thank fo . >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to kraim cramerica i'm just trying to save you money. my job's to educate you. call me 1-800-743cnbc or tweet me @jim cramer every night i come out for two big reasons. the first is i like the attention. but the second and more important reason is i want to help you build and