staples, weaker with food, consumer discretionary also a laggard today. >> all right, that's going to do it for us here on "squawk on the street." over to "techcheck" which starts now. good thursday morning. welcome to "techcheck. i'm carl quintanilla with jon fortt and deirdre bosa the nasdaq is coming off record highs. faang on a roll this week. can anything stop the tech rally? tom lee is going to weigh in today. we're going to talk cybercash as google and microsoft shell out billions after visiting the white house. and then later is joe rogan losing some influence thanks to spotify? a reporter behind that story joins us this hour as well, jon. >> a flurry of companies reporting results last night

including snowflake. revenue topping analyst expectations more than doubling up 104% year over year the loss of an adjusted four cents per share smaller than expected comments from management up deep, they raised full year guidance for the second time frank slootman joined jim cramer on "mad money" last night and here's what he had to say about the company's growth strategy. >> one of the great things, you know, about snowflake business is we don't have to do a large acquisition like so many companies do to build. we are not just in a very large market, we're in a market that is dynamically unfolding in front of us. there is no telling how large this thing will get. and we're just here to enable it to the absolute best of our abilities. you're seeing the effects of that in our reporting. >> revenue snowball rolling downhill, perhaps. a year ago snowflake was one of the hottest new public listings with the gains front loaded and the stock has not outperformed the broader markets. most gains for the year came in

the past few hours the other big player of course, salesforce they beat on the top and bottom lines in q2, the company raising guidance after the completion of its $27.7 billion acquisition of slack unlike other businesses warning of a slowdown due to rising covid cases, salesforce one of the companies benefiting marc benioff saying i don't think the delta variant will be material to our business if anything, it only accelerates it deirdre, we have seen this again and again, thinking back to microsoft earnings, to amazon and the cloud gains there. the delta variant seems to have businesses relying on software for flexibility. >> yeah, continuation of what we saw throughout the pandemic continuing a lot of the call last night focused on the slack acquisition which you mentioned. some have been critical of all the salesforces' deal making when benioff suggested maybe he

was done and then acquired slack for $27 billion. i thought they did a good job of explaining it. brett taylor talked about how mulesoft, the integration there was how you actually collect the data, tableau is how you see and understand it, and slack is how you act on it. i think they called it slack on slack. they're using it, they used it to close the slack deal and using it to close other deals and increase sales overall >> it is fascinating and we have been talking about this with everyone from salesforce to service now, jon the enterprise is having to reinvent simply no doubt about that having to plan for multiple contingencies, depending on how the variants hit us, and that's going to result in a reinvention of the it framework in general it kind of runs into the other story of the day, semis, and whether or not that recovery, that attempt to get back in e equilibrium on supply and demand gets pushed out to 2022.

>> the trick for investors is to figure out which of these companies is going to be able to grow fastest and more continually. so sticking with that, salesforce and the big week overall for enterprise software earnings, let's bring in alex zukin, wolf research managing director alex, we have seen a couple of phases of results from enterprise software companies. a lot of it driven by cloud adoption and the ability of businesses to get access to a wide range of computing power and intelligence who is doing the best and why? >> i think microsoft is definitely in the pack here. i think microsoft has become part of the fabric of companies' products, experiences, services. you're seeing companies like amazon and google do the same. salesforce which reported last night, i don't know that i've ever witnessed time where th salesforce for the relevance of that category has been greater than it is today. >> you look at the m&a

strategies playing out, salesforce in its latest big m&a went with slack, microsoft is going more vertical into ai and kind of the medical space with its most recent acquisition. that it is pursuing. what makes the most sense and what does it say about what investors should be paying attention to as we try to figure out who is going to have the best results going forward >> it is a great question, jon for salesforce, i think right now it is a question of integration, digestion and pulling the future forward to the present. i think what they're doing with slack is interesting it is an audacious and courageous bet it is the bet of the death of the app and the rise of the conversation that every customer will never use salesforce again and always use salesforce. i think microsoft is doing something very similar with the way they're talking about teams as this collaborative fabric for the future of all customer

interactions and employer interactions, it is super powerful it is going to be a growth driver and not just for, you know, their traditional verticals like financial services and healthcare, but also the public sector that was one of the strongest parts of the earnings call this past week for salesforce, four of their largest deals and the largest deal they ever signed was in the public sector. >> alex, looking at salesforce over 12 months, finally back to being made whole, where as microsoft is up 35 or so i wondered is the better risk/reward to stick with crm? >> you know, it is hard to pick between them i think they're both fantastic companies and honestly great secular growth opportunities for me what was most interesting out of salesforce yesterday, i never doubted the growth story i think the commentary about margins, about disciplined investing, durable growth, that was pretty powerful for me i think that's something investors have been waiting for, for some time. and i think the new cfo is

really taking a completely different approach, you know marc baienioff talked about rebuilding from the ground up, i think that's a pretty powerful catalyst as we get into the analyst day later next month so something -- i'm very bullish on salesforce through the end of this year. i think it is going to be a great stock. >> alex, let me ask you about microsoft versus salesforce, increasingly rivals. both salesforce and slack have raised antitrust concerns against microsoft. do you think that continues or are they more or less effective under one umbrella >> i think that there is definitely power in integration. i think there is power in having one security model for a lot of the interactions that customers and employees and users have i think they're both great companies. i think microsoft has a bit of a different approach i think they're trying to make

the products of the future, not just the experiences with azure, similar to what you're seeing out of amazon and google, they are the actual cost of goods for many companies and retail for many companies and pharma for many companies and finance. they are the product salesforce is products that are different. they are trying to make the digital experience better, the collection of the data, the collection of all the data points around a more useful and powerful tool for growth so it is a bit different again, i don't think you to choose between them. i actually think it will both be great. >> plenty of gas in the tank for enterprise software sounds like. alex, thank you. >> thank you well, let's turn to box as well being on the top and bottom, not enough to keep the shares higher this morning, though they preannounced numbers earlier this month preparing for a september 9th annual meeting where investors will vote on the

company's strategy and management team. worth watching that stock, aaron levy and box remain locked in a battle with analyst investors starboard value. starboard has been frustrated at the pace of change over at box however, if we look at the year to date chart up on the screen now, that stock is up 40%, outperforming salesforce and snowflake, the two stocks we were just talk about and perhaps giving more ammunition to the case for keeping aaron levy in place if they're frustrated at change there has been some change in the stock this year. >> we'll see how the shareholders vote and what it seems like to them >> indeed. although one of a number of companies today in the enterprise that did raise guidance we're continuing to monitor the situation in afghanistan, getting some comments from macron in france and a more full picture of what happened today from the pentagon. ayeamon javers has the latest. >> more detail on the casualties here, carl, as well, including

potential casualties to u.s. troops a lot of the detail still coming in very early on, just a caution that initially some of these reports can be a little confusing. but what we're getting now from reuters is a u.s. official saying at least one of the u.s. troops who was injured in that explosion in kabul was wounded seriously, citing initial information. caution on that in terms of the extent of this u.s. service person's injuries. but unfortunate nows from reuters that this one u.s. service person was wounded seriously. no total yet on afghan injuries or deaths here in kabul just outside the airport. we did see that explosion about an hour or so ago now in kabul and that complicates matters dramatically for u.s. forces trying to maintain the evacuation's pace and meet that august 31st deadline that the president imposed, bringing all u.s. forces out of afghanistan at the same time trying to bring as many afghan refugees and

allies as possible and as many u.s. citizens as possible. not entirely clear now, carl, how many u.s. citizens remain in afghanistan, who want to get out. but surely the number is greater than zero and that adds to the complexity for u.s. forces trying to secure that airport and now dealing with potential bomber out there who might have more to come back to you. >> we should also point out, well, two things, the white house was scheduled to have a covid briefing this morning which is understandably been postponed. and then we mentioned macron, he says there are 20 buses with french citizens and others that they have been looking to evacuate, but the confusion and the events of the morning at the airport means they cannot guarantee they'll be successful in evacuating those. so it is not uniformly a u.s. picture, these very important evacuations. >> it is a very chaotic situation with multiple nations of allies, multiple forces

inside afghanistan remember, you got isis-k there, the offshoot of isis and the taliban. those two groups are enemies of each other and enemies of the united states, all vying for control in a very limited space here and we know from reporting in the wall street journal and elsewhere that u.s. intelligence officials have been engaged in getting americans out of kabul by trying to get around this perimeter area, which is so dangerous, where all those people are coming together against the wall, and presenting a target for bombers as well as a threat to the u.s. marines there on the wall. the idea here is that they're using helicopters to go over the wall, into downtown kabul, or locations nearby and collect americans and others who they're trying to evacuate from the locations where they have been holed up and bring them back to the airport by helicopter. trying to get out of that sort of bottleneck area, which presents a real target for any kind of hostile force that wants to do ied or suicide bomb attacks. so that's been going on as well

as they try to evac all the people in what is a massive airlift operation in the middle of a deteriorating security situation. a very scary and tense moment here in afghanistan for the remaining u.s. forces as they try to meet that august 31st deadline. >> few days away thank you. we'll talk to you in a little bit as we look for more updates from the pentagon as well. still to come, yberstocks are reacting to the president's security summit of this week we'll talk about that. plus, 50 years of fintech, the ceo of paychecks will join us next as a big hour of "techcheck" is just getting started. it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions

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news of the blasts in afghanistan, dow down triple digits a few moments ago, we recovered a bit, 45. s&p 500 is weighing geopolitics and the corporate results we have gotten today and of course the kansas city fed, which will be a story today and tomorrow. >> indeed. and now let's get a gut check on cybersecurity spending and stocks big tech promising some big dollars. yesterday's white house summit alphabet and microsoft pledged 10 and $20 billion to strengthen u.s. cybersecurity and google pledged to train 100,000

americans in data analytics and it support amazon plans to offer its aws employees security awareness training to the public at no cost a lot of this spending is not brand-new, but repackaged for this meeting and the big four tech companies fairly flat on the news they have seen a rally this week cyberfirms crowd strike, okta, z-scaler are higher. the cybersecurity etf cibr hit an all time high this morning for the third consecutive day. and let's see, yeah, it's had quite a run overall, guys. >> yeah, up 40% this year. celebrating 50 years of fintech, payment processor paychecks ringing the opening bell to celebrate the launch in 1971, an ipo in 1983. the company is the number one 401(k) record keeper in the u.s., taking in $4 billion in revenue this past fiscal year

while competition from the recently listed pay core and relative new comers like square and gusto are taking aim at the giant. joining us now pay chex president and ceo marty musi congratulations on the milestone. it is kind of unbelievable to think we had 50 years of fintech disruption when it still seems new, there is so much innovation in the space, and, you know, as i mentioned, you're competing against the likes of square and others that are using awe lot of their data to sell other products how do you stay innovative and relevant over the next 50 years? >> well, it is so important, you know, the idea has always been about serving clients and their employees. we're excited it is a digital transformation, on sight or distributed workforces, and the idea is to be very flexible and very mobile. we have a five-star mobile app that does everything from employees that they need you can now -- that's days you can talk to siri or google and ask them what is your next paycheck, when am i getting paid

and we have a lot of things that need -- that give the flexibility to clients and employees that are so critically important today. >> right, but, marty, you see the newer fintech expanding, they want to bkt ecome the mone app and do everything. are you looking at expanding products, the buy now pay later space has been extremely hot, you do have a trove of data that you could be using to sell other products how are you thinking about it? >> we do we use a tremendous amount of our data having over 700,000 clients. we have a tremendous amount of data and we use that so sma smallsmall orror ed mid-sized companies, they can have the power of our data at their fingertips we have a great deal of flexibility. what you can do -- we have an awful lot of pay on demand today. people aren't waiting, their employees don't have to wait to

be paid in a biweekly or monthly payroll. they can take the pay, especially in a gig economy, immediately, and we're the only company to offer things like real time payments, real time payments means you get your payroll immediately. so if a client calls us and wants to run a payroll today, we can do it as quickly as 15 seconds on average that they can get their dollars. so it is being very nimble, very quick and very innovative. >> when i think of you guys, i think about the number of -- this has been born out in the data of people starting their own business in the wake of covid, leaving an employer, deciding to go out on their own and in turn, hiring a couple of other people, i wonder over time if the number of clients that pay chex has with a small number of employees is going to grow. >> well, it does -- carl, you know the numbers are up over 50% brand-new business startups over the last year, incredible during a pandemic but so many people have left larger businesses and started these small businesses and it is their time when they wanted to give it a try and we have seen a tremendous increase

in sales based on those small businesses and startups that fits everything we do, we service one to 1,000 employees and some over that but that is our niche and we are continuing to see a lot of startups that then continue to grow, particularly into that 5, 20, 50 employees >> marty, i recently talked to an extraordinary number of startups that are in the kind of hr back office payroll and benefits space, there is a lot of d.c. funding going into competing with and disrupting you. from where you sit, how serious is that threat, really, and what are the main tools whether it is recruiting, whether it is software, and ai, that you think are going to allow you to stay in a dominant position >> i think when you think of the size, you know, we have over 200 compliance analysts that just study every regulatory change out there, whether it is federal, state or local. and we have been around, we have the data that can help our

clients. a lot of smaller startups, while they are well funded, cannot necessarily have the expertise that we have, we have over 650 hr generalists that will not only handle your issues through ai and automated online, but can also be a personal help to you behind the scenes and today with the way covid is, with the requirements of what is my vaccination policy, how do i bring people back to work, how do i handle their benefits, those needs are not just a quick online answer many times, they need online support, but also back stop with somebody available 24 hours a day to help you, we have that. >> marty, it sounds like paychex is staying focused on payroll. is that a correct read >> no, not really. you know, while payroll is certainly how we started 50 years ago, payroll has become less than half of our business today our revenue comes from the hr outsourcing, retirement business, we're the number one retirement plan administrator,

we're a 30th largest insurance agency in the country, and we're one of the largest hr outsources serving nearly 2 million work site employees we're very much about hr outsourcing and the technology and innovation to be able to provide those services. >> well, marty, congrats on the milestone. thank you for being with us. we'll talk to you again soon marty mucci, paychex ceo. another deal in the works. western digital in talks to buy japan's kioxia's holding western digital ceo david gawkler expected to run the combined company if the deal goes through both western digital and kioxio dec have declined our request for comment. i don't -- i think with the semiconductor demand picture looking the way it has, carl, you know, we talked here on

"techcheck" about companies trying to reposition themselves through m&a and other means for the next phase this could be another instance of that. >> yeah. d., a story on the wires today, the supply chain crunch meant to be temporary, looks like it will last well into next year and that's going to challenge some of those looking for equilibrium later in q4. >> yeah, absolutely. consolidation has been a huge theme by getting the deals across the finish line lately has proven a bit of a challenge. we talked about nvidia and arm all the time that has been delayed. on the same chipmakers, they're upping pressure on manufacturers as the global shortage rages on. the wall street journal reporting that tsmc plans to raise prices on the most advanced chips by 10% with less advanced chips to cost about 20% more apple one of tsmc's largest customer has s may have to hikee

price of the mobile device >> apple has a lot of options besides raising prices and a lot of power to influence how much it has to pay for chips as well. i guess we'll see whether that report bears out still to come, on "techcheck," a conversation with facebook's head of messenger. pilot, palm lee after the break with the nasdaq coming off another record high. what the world needs now... is people. people who see healthcare a little bit differently. where technology helps doctors provide more precise care... leading to faster, better outcomes and puts improved health in all of our hands. because seeing a healthier world isn't far in the future. we're building it... now. ge building a world that works.

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resetting near the bottom of the hour, welcome back to "techcheck." i'm carl quintanilla with jon fortt, deirdre bosa and julia boorstin julia has the head of facebook math, but first let's get a news update with rahel solomon. >> good morning. here is the latest from afghanistan. the pentagon now confirming two explosions outside the kabul

airport. one at abbey gate and another at or near around the baron hotel the pentagon calling it a complex attack that resulted in a number of u.s. and civilian casualties taliban sources telling nbc news the suicide attack killed 13 people including children u.s. intelligence officials say it appears at tacks were carried out by isis-k, an isis splinter group, an adversary of the taliban. a kabul emergency hospital says there are 30 wounded from the airport explosion and six people died on the way to the hospital much more to come throughout the day. stay tuned for breaking news coverage of the latest developments from afghanistan. back to you, carl. >> rahel, thank you very much. as we said earlier, faang stocks rallied over the last week as the nasdaq notched the 30th record close of the year. our next guest said to buy everything about ten days ago, he's still saying it joining us today tom lee always good to have you back

you have definitely kept your head about you, through delta, and it's paid off. as rahel points out, geopolitics are a larger part of the conversation looks like we're finally there on taper the supply crunches are not going away is any part of you looking for more chop rather than less >> carl, that's a great question all the things you described are well worried and markets actually do better when investors are worried and his tap hesitant because it is keeping cash on the sidelines and stocks can react to positive news that's the situation we're in today. we wrote about it earlier this week, but if you look at money market funds rates by retail institutions, retail investors were raising cash in august at a pace you haven't seen at all in 2021 and then if you look at things like sentiment, they got more bearish than anytime in 2021 i think we are definitely in a risk on environment. it is healthy to see this, but it is important for things to be

on the margin better and that's what we're seeing right now. >> i wonder where you are too on 2022 s&p earnings. bamel does $215. they say we see downside risk to consensus eps amid rising inflationary pressure. dan niles, friend of the show, said he's looking for multiple rate hikes in 22 why is that not a liability if it plays out >> those are definitely things to keep an eye on. inflation can be both earnings friend and head wind and then as dan is talking about, other external events that could take place. a look at 2022, i think people are overstating the risk from labor costs because where we're seeing inflation is really in the travel and leisure space where that might be 25% of employment, but it is less than 7% of labor income so there can be inflation there,

but actually very mild on aggregate. from an earnings perspective, i'm surprised bamel's number is so low if you look at the operating leverage talked about by companies today, it could be way above consensus. and, of course, tech is going to be a big part of that. >> tom, you're bullish on crypto, bullish on the overall markets. what would change your mind? what would be a big rally and a shift in sentiment so more people got as positive as you are? >> that's right, jon if short interests were to collapse and people were bullish, we know that a lot of the firepower is used up on markets. but i would guess we would be at much higher levels if that's the case and i think if covid and sort of our comfort level in that deteriorates so the economy faces downside risk, that's a head wind. so far it really looks like the soft surveys like the sentiment have dropped a lot more than the actual data, which means people overreacted in the market site

to covid. >> tom, it is deirdre. i have to ask you about bitcoin after touching 50,000. it is below 47k this morning what is the next catalyst for the crypto ecosystem at large? >> well, there is a lot of -- bitcoin and digital assets have really performed admirably in the face of what looked like a big crackdown from china and u.s. so i think there true underlying resi resilience and bitcoin is technically recovered to some key levels i think that there is quite a lot of catalysts number one, it looks like products like nfts, which really do improve the usefulness of crypto have grown. some of the numbers are really impressive and you start to see some crossover investing and more importantly, i think that you look at outside the u.s. crypto is your risk on assets. i think that the fact that both china and crypto are rallying shows you that outside the u.s. there is a risk on appetite as

well >> two more questions from me, tom. i think one of your best calls of the year was really nailing that bottom on the ten year yield around 120 we did have a few different desks this year, now bring in their year end forecast, b of a from 190 to 155. i wonder where you are on the ten-year if you think that chart will continue to go to the upside and then also, on chop, in august, you said seasonality made it difficult to be a hero i wonder if that narrative changes as we work our way into the fall >> yeah. both good questions. and on the yield, we have been watching it closely. it does seem to me that economic outlook is actually more resilient than consensus people overreacted to the consumer sentiment surveys and so we think there is upside to the yield i think the 15 might be low. and then with regard to chop, i think that the move in the ten-year with the drop in the

vix and then now with oil recovering pretty steadily, and now we're getting into september, historically a great month for equities when you have a strong first half, i think that the chop is ending. september should be strong for markets. i would expect a rally for the next six weeks and pretty strong rally. >> all right, interesting. finally, you've done as we said before a lot of great high frequency work on delta and covid in general highly attuned to the rollover that we're starting to see in the south. do you worry about a surge in the north as kids go back to school >> yes, carl i think one of the big risks is the transmissibility of delta. i think in the northeast it does look like schools are really pushing towards either restricting activities for those who aren't vaccinated or trying to use some sort of mitigation measures i think that should help back to school is uncertain, but if we look at the southeast, last year, there wasn't much

mitigation taking place. and there wasn't really a back to school surge in the southeast. so i am somewhat hopeful this is what we're seeing is a peak of delta cross 18 states, maybe 20 now, is really the last surge we'll see for the year. >> the governor of illinois just a few moments ago announced a state wide indoor mask mandate, regardless of vaccination status so maybe the mitigation will be different in parts of the country closer to where we are tom, appreciate it always, very much thanks >> good to see you a couple of other earnings movers to keep your eye on this morning. pure storage up big nearly 15%, while autodesk goes the other way down more than 9%. disappointing guidance, the story there. more "techcheck" after this quick break.

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facebook messenger turns ten years old and julia sat down with the head of that business for facebook julia, great wide ranging conversation >> well, there is a lot to talk about, because it has been a decade since facebook launched its messenger tool, which have expanded from text to voice and

video. messenger is integrated into facebook as well as instagram, so people can communicate across the three apps and it is in the process of integrating with whatsapp as well messenger is increasingly focused on businesses, more than 3 million advertisers are using click to message ads to direct people to start messaging with a business and over the last year, total daily conversations between people and businesses on messenger and instagram grew by more than 40%. messenger chief stan chefnowski says now they want to work on ways to bring more commerce into the platform as well >> when you end up in the conversation with business, very often that results in the transaction. that transaction somehow sometimes happening outside of our ecosystem, but work definitely working on different

ways to make it easier for people to complete those transactions right inside. and that's probably how it's going to be more and more happening going into the future. >> with messenger's expanding scope and integration, i asked about the ftc's push to break up the company, the ftc alleging that facebook has limited competition from other messaging tools. take a listen. >> we definitely see a lot of opportunity for competition around us. but we are also honestly, especially in u.s., very small compared to, for example, imessage all we want is actually enable more competition when it comes down to operating systems and be able to compete with other messaging apps that are bigger than us on equal footing >> his comment about the size of

apple's imessage builds on facebook's ongoing complaint against apple for enabling people to opt out of ad targeting. and when i asked about whether it would be even possible for the ftc to break up facebook and spin off messenger, he said they are compliant with the laws and just working to give consumers what they want in the future, he says what they want will be a bridge between the metaverse and our 2-d and 3-d worlds. >> people will spend more and more time in vr, but people also are going to spend more and more time communicating in 2-d. what is needed is bridge from 2-d to 3-d i should be able to be on my phone, which i'm probably going to be using even more going forward, to be able to send a message to somebody who is in vr right now and that person in vr needs to be able to accept that message, see the message, react to the message, probably message back to me and i should be able to receive it on my device

>> mark zuckerberg talked so much about his interest in building facebook into the metaverse and it sounds like messenger will give people in this world a way to interact with people in the metaverse fascinating stuff. final the whole interview on cnbc.com/techcheck >> i don't know about this metaverse thing, don't know if they'll be able to get me to say it, but the key question on messenger for investors is, is messenger the evolution of the like button? is it facebook's way to get around some of these platform privacy restrictions that would limit that holy grail of total at attribution and them being able to connect ads to transactions >> i think it is already going in that direction, jon the reason i wanted to play that specific sound bite about payments is because what they have done recently is connect consumers with businesses. you have a question, a problem, you don't want to wait on the

phone for a customer service, you interact on messenger with a bot. you ask your question, you say can i find this in my size, where is the closest store location and you can really get those answers in real time but what i think what he pointed out in that sound bite is this key piece of taking that to the next level not only are they going to let you ask questions, let you get some information on messenger, now it is easier to click through, to maybe a company's website and buy, but increasingly make that purchase within facebook itself they have facebook payments. they have ways to transact and increasingly not just going to be about linking out to buy things that you maybe found on facebook, but doing everything within that facebook platform and, of course, the ability to do that and remove any of that friction that makes it more valuable for advertisers and that, of course, is facebook's bread and butter. >> yeah, detour, but they get the data julia, thanks. morgan stanley is bullish on zoom ahead of next week's

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confirmation of multiple explosions in kabul today has definitely suppressed equities the dow is off the session lows, but still down 65. we continue to have one eye on geopolitics, the other on the fed and tapering yields hanging in at 135 has made financials the one sector

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we continue to monitor the situation in afghanistan after multiple explosions in the capital city of kabul. our eamon javers joins us. as we continue to look for any indication that that august 31st withdrawal deadline would be extended. >> no indication of that right now, carl, but we are getting an emerging picture of what happened this morning.

u.s. officials and foreign officials filling in some details for us what looks like transpired here are two separate bombing attacks. two suicide bombers at two different locations as well as gunmen involved in this attack as well, which u.s. officials are calling a complex attack one at the abbey gate, at the gate itself and the other suicide bomber at the baron hotel. the baron hotel is located just blocks away from the gate itself very nearby sort of an airport hotel that's right in that same area, also struck in a bombing attack today not clear how many casualties there are. the russian government is reporting 13 people were killed and 15 wounded that is from the russian foreign ministry that is not supported by the u.s. side. there is also a report that the u.s. -- one member of the u.s.

military injured in this did sustain serious wounds we'll be on the lookout for more information on that. i've just been emailing with a veteran of the u.s. intelligence apparatus who offered intelligence into how this is unfolding. this u.s. intelligence veteran emailing me that the main concern is going to be having effective overwatch over the airport itself that is drones, helicopter, fighter jets to make sure the aircraft on the ground at kabul airport are going to be able to operate safely at that airport as they have been doing throughout all of this, we are told this former u.s. intelligence official emailing me and saying, i would not keep those aircraft on the ground in kabul for very much longer, carl. >> eamon, i'll take it from here, thank you. we'll continue to monitor the situation and come back to you. still to come on "tech check," spotify has gone all in and the verge has questions

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how joe rogan's influence might have been stunted. spotify is athas signed exclusie talent will all that spending pay off joining us this morning is the reporter behind the piece, ashley carman. we'll watch it just like we did with howard stern at xm, but can you walk us through some of the data analytics you pulled to write the story? >> yeah. because spotify and other podcasting apps don't share data about how their stars are really doing and how many listeners they're reaching, i looked at secondary metrics, so how many foll follow followers rogan's guests received we found a 50% of reduction of

followers. before there was around 4,000. after they were receiving around 2,000. >> ashley, spotify responded, i know they responded to you as well by saying twitter is a benchmark, lacks credibility because of bots and perhaps the declining economy and the recovery is it something to do with the way spotify is putting up these podcasts >> yes i believe twitter has been growing their user base. i'm not concerned about them like all of a sudden twitter having a dearth of twitter users. i did my best to try to account for these things my best way to attribute this, again, this is just sort of my supposition, my theory, is that it's because he's -- rogan is now exclusive. he used to be huge on youtube,

which has this algorithm and discovery mechanism. spotify doesn't have that. it's behind the wall i imagine rogan lost some listeners with his move. >> great piece when i looked at these numbers, i thought, that isn't that bad, because when you switch from broad to exclusive, i would imagine, as a creator, you do expect to lose some of that broad influence and you exchange that for money, right? that's part of what you're getting up front. >> right >> and i guess we'll have to see whether that level of eng engagement, if it is now or he is getting on spotify and the multiple different programs and offerings from him that they have, whether that will grow over time because that's what would make it a good investment from spotify's perspective, right? >> yeah. so, for spotify, 50% -- we're going with 50%, let's say, made it over and 50% were lost. 50% is still good. they can sell ads against rogan's show now, which is huge. they have that audience which maybe wasn't there before being

on spotify i think it brings up a bigger question, what do the exclusives do is it something companies should pursue or is there a better strategy that works could you put an hour of rogan's show everywhere and if you want the second hour, go to spotify if he's been exclusive for a while, go wide and see if that broadens his reach it makes us look at what the strategy could be in the future. >> indeed. that's been the debate on the street for a long time, the degree to which spotify has been doubling down on podcasts, shares are down 20%. fascinating. appreciate it very much. look forward to those who haven't read it on the verge ashley carman with that piece on joe rogan. kabul has been a big story and will continue to weigh, perhaps, on he can quits powell speaks tomorrow and

bullard imppz powell to give us a pretty good assessment of where we are tomorrow when he speaks this is happening on overall light volume as we go into the final days of august with that jobs number a peek away from tomorrow let's get to "the half" with tyler mathisen. >> thank you, everyone i am tyler mathisen in for scott wapner we have a lot to get through in the next hour but we begin with breaking news on the explosion at kabul's airport >> we know there have been two explosions there and the number of casualties has risen in recent minutes these are the first pictures coming in. this is unclear if this is at the hospital or the scene. we do know, and sources are telling -- first of all, from the pentagon officially we have multiple injuries, multiple casualties this from john kirby, the pentagon spokesperson. we