the downside here as we watch events going on in greece. dow is down about eight points. the s&p trading lower as well, across the board, you see traders there. [closing bell ringing]. the bell is sounding. russell right now lower. s&p down two points. you cecil very trading. vix higher, the volatility index. here is everything you need to know now. chaos in greece. rallies turning violent with protesters launching molotov cocktails at police who responded with tear gas. tens of thousands are now gathering to voice opposition to a bailout deal being debated in parliament as we speak right now. the vote is expected at any moment with all of that going on in the street, here is what is going on inside as they debate this bailout. we're going to take to you athens for an update in just moments.

in the meantime the other major story of the hour, netflix about to release second-quarter earnings. lori rothman on floor of new york stock exchange. break down what viewers should be expecting. >> after rising almost 50%, 47% to be exact over past few months. netflicks is vulnerable stock. tonight's results are very critical. we could see a gap up or down depending on numbers. earnings per share, wall street expecting four cents. let me remind everybody, four cents is split adjusted. netflix did a seven-for-one stock split today. revenue $1.65 billion. that is the wall street expectations. key point for netflix is subscriber growth. 619,000 domestic streaming subscribers is wall street estimate. that is more optimistic than

what netflix is telling us to expect which is 600,000 domestic subscribers. international, this is where netflix enjoyed tremendous growth last year, 1.94 million international subscribers. what wall street is expecting. netflix, the company look for 1.9 million international subscribers. setting you up for netflix. shares going out just below 100 bucks a share. down 2.25%. liz. melissa: shah, lori. for more to expect let's bring in our panel. we have elizabeth macdonald and charles payne. we may not have charles payne? is we us? liz, let me start with you. you have a bearish view. >> yeah. i've been talking a lot of wall street shots. i've been tracking netflix earnings for some time now, what these guys are saying netflix is exciting momentum stock. there is some vape positives and

fumes in its earnings -- vapors and fumes. it is cash fly was in the red. it has a lot of long term and debt on the balance sheet. the debt is twice what its stockholder equity is. wall street doesn't like to see negative metrics for that. the fact free cash flow is negative is bad for the stock because netflix is trying to expand. it has to shell out a lot of money for content. those consider the are long term. this needs to show revenue and earnings growth. second quarter is notoriously bad for netflix. netflix consistently posted bad numbers its q2. melissa: i want to pause for a second. we have earnings out of intel and i don't want to skip those. second quarter results hitting the wire. lori rothman has the numbers for us. >> melissa, once again, pretty good report. intel beatings top and bottom line. look at the pop in the after-hours trading. the bid up 32 plus and change.

13.04 was the expectation. keep in mind all things perspective, second quarter intel these numbers had been reduced because really the theme for intel, chipmaker obviously has been very pessimistic outlook for pcs. that has plagued the company. however as i said it is no secret. so the company adjusted accordingly. so has many other chip-makers as well. the company has a lot of potential according to moist of the analysts that cover the stock for strong growth expectations for the second half. once again intel which is down 20% year-to-date and very weak chip sector, especially chips in the pcs, you can see is enjoying a nice pop with better-than-expected earnings report. that is the headline there, melissa. melissa: good for them because that stock as you mentioned has been hammered. back to netflix as we await those numbers that will be out any second. emac, second quarter notoriously weak before we broke away. >> the other thing too, netflix repeatedly warned, watch this,

they have been expanding overseas. meantime the dollar has been strengthening. the netflix has been repeatedly warning, ir department, ininvestor relations, when we translate back foreign sales into stronger u.s. dollar our earnings will look worse. watch our losses and profit and losses as reported back in the stronger u.s. dollar from foreign action, from expanding overseas. melissa: managing a lot of expectations. look at street, looking for subscriber growth which is main metric people look at focused on stock because they want to see momentum continue. street is looking for 619. netflix says it is more like 600. what is the street saying? >> this is so key and important point you raise because netflix has said when we go out to buy content, when we buy new shows to put up on netflix, those contracts are fixed in nature and contracted over several years. so they are stuck with the content costs.

they have two billion bucks in cash on the balance sheet, that's it. so they need to show wall street, yes our strategy is working by continuing to grow our subscriber base, to bring those, that sales money in the door, fees. melissa: charles payne joins us. you're a bull on this stock. >> i have. plea split adjusted around 660 is the cost. one thing i will say we know it can be volatile. we know einhorn out there and all the bears saying listen, there is no way they could ever live up to the valuations. last night and yesterday goldman sachs put out a wonderful report arguing this should be a 750 presplit stock. you have very smart people on both sides of this. it has an extraordinarily volatile but one thing you have to say, when we talk about bandwidth, who is you can suckil bandwidth, they have a lot of competitors but a thimble worth.

can they be successful in original programming? those are certainly questions marks but it amazing company. >> to charles's point, melissa, houses raising price targets on netflix. it is goldman sachs, morgan stanley, nomura. they're saying that netflix they like the way they're growing, they like their business model. netflix is the leader in this space to them. melissa: one thing netflix continued to do is reinvent itself. it is almost like apthat sense. they started out delivering dv. dids to your house. >> they're still making big money on that. melissa: that is amazing. >> still making big money with 48% profit margin. obviously every quarter it goes down. i think people would be shocked a couple hundred million dollars a quarter. that is pretty interesting. >> i want to see data points out of david einhorn's letter. melissa: we want to go to lori rothman. what are the numbers?

>> we're crunching numbers. six cents a share split adjusted. four cents was estimate. 1.65 billion was expectations. netflix reports 1.64 billion. shares were down ahead of this report 2%. right now they're much higher in the after-market trade. much, much higher. that is a nice pop. we're looking at subscribers right now. come back to me in a second. melissa: give me your reaction, charles? >> i think probably the street reacting to something we haven't seen. i bet european. it is all about international. very expensive, are they close to profitability there? obviously a nice percentage beat on bottom line. >> go ahead. melissa: bring in jonathan hoenig is standing by as well. i want to bring him in. we're watching the stock move higher as we're talking. jonathan, what is the reaction to these earnings? >> this is a stock made a fool of anyone who tried to bet against it to the panel's point. that is because earnings are less important than innovation. as long as they continue to

innovate, the stock is not too far off from all-time high. that is actually a bullish sign. as long as they continue to innovate unlike amazon which never made any profit in its history, as long as netflix's numbers and innovation continues to grow, the stock will as well. all-time highs is bullish sign, not bearish one. melissa: up 8:00%. now cruising up higher. emac, what do you think? >> amazon is the most profitable non-profit out there. that has been the storyline on them. einhorn i wish einhorn had more details in his letter. i read through it. made quips that the red is the new black. we get that. netflix is struggling to post profits. really wall street, to jonathan's point this business model is exciting one. melissa: let's go to lori rothman. she drilled down on the numbers. what do you see? >> just as charles talking about international footprint, tremendous growth, international subscription growth, 2.37 million versus expectation of just over one million.

this is tremendous. and this is largely account for that huge pop in the after-hours trading on stock. that is a little tidbit i thought would be hope helpful on netflix. melissa: charles, react to that. >> that is what i was looking for. i could see the trend building in last few quarters. purists talk about the costs. this is not unlike amazon which for years had benefit of the doubt eventually bring it to the bottom line and kept going up. last year they had comeuppance if you will. amazon was smacked around. bozo started bring money to the bottom line. now they're all-time high. >> but, charles? >> go ahead. melissa: go ahead, jonathan. >> netflix's stock is literally parabolic in the last couple months and the fact, melissa, had seven-for-one stock split, companies that split their stock actually tend to underperform their industry. stock split over next 18 months -- >> last one only one done it

seven for one recently, and that went up 35% in the next 12 months afterwards. >> good point. >> remains to be seen but certainly it is in a class of its own. melissa: from subscriber point of view it's a terrific product. we have it at home. it is very cheap for what you get. and they continue to add costs. they continue to bring on tremendous programing at a tremendous price. jonathan, does that make you nervous? >> well this is the equivalent moving from radio age to television age. much like rca was way back when, amazon is defining the space. melissa: netflix. >> netflix, excuse me, defining the space. in the past they found it difficult to push through those minor cost increases. lately consider the volume and, of content they're putting out, most people are not objecting to a couple more bucks a month. >> that is good for the stock. melissa: emac, go ahead. >> what is interesting what netflix is doing with its content. talk to people that use that, i use it. people like the documentary slot

on netflix. they like the offerings there. goldman sachs has profit margin target for the stock at 20%. that is about triple where it is at right now. basically it is saying that netflix is delivering what its subscribers want. so the question for netflix, can it attract even more users with fresh new content down the road? >> also the competition is growing by leaps and bounds. we have apple tv. look at the different options you have on there streaming. netflix is one box with some things. it is fairly important. it has a lot of great programming on it but so do so many other channels. i wonder going forward as the competition grows -- go ahead, jonathan. >> that is the nature of competition. we used to browse the internet on mosaic and netscape and, now firefox. so there is always that fierce competition. i think real loser here, melissa, is traditional over the air media, to some extent cable media as well -- >> jonathan, come car, the cable

companies are coming out with their own streaming offerings. they had more, or just as much content as netflix. netflix has warned about that, cable companies could be a big competitor to its business model. melissa: yeah, charts, do you believe that? >> sure. sooner or later but i agree with jonathan, these cable companies, when google beaming internet from satellite or balloon these guys are in huge, huge trouble. melissa: charles, would you add to the position? >> no. melissa: it was moving up 9% i think at last tick. too rich for your blood? >> we're up. we have huge profit. melissa: taking money off the table here? >> i will look. i watch the after market like eagle. waiting for conference call and seeing what kind of guidance they give. maybe lori can tell us that. melissa: thanks, guys. they will not take it anymore. riot police firing tear gas at protesters as the country prepares to vote on the bailout plan in greece. we're live in athens. that is coming up next. don't go away.

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melissa: throwing at police who responded with tear gas, wow. crowds swelling now in the tens of thousand, gathering to voice opposition to a bailout deal. fox news's amy kellogg is joining us now. live from athens. set the scene for us, amy. >> reporter: hi, melissa. it is quieting down actually and there have been 50 arrests. there is a heavy police presence. it got extremely violent hour 1/2 or so ago when a group of hardcore anarchists started throwing rocks and molotov cocktails at police and tear gas was deployed. it was a huge crowd. there were 12,000 people. however most of them were

peaceful protesters. there were a number of strikes today by different unions outraged by the deal that contains more austerity. the scene at parliament is not looking like this right now. it is calming down. the action really is inside the parliament where that vote has not yet gotten underway to the best of our understanding. it is running late certainly. that was to be expected. it is a very big deal and, frankly there's a rebellion going on inside. the prime minister, alexis tsipras's party, more than half of his mps have said they will not support this measure. they sign ad statement that decries it in the most angry terms calling it a humiliation and saying that it is simply tantamount to a coup. because of -- melissa: okay. i think we're losing that feed there right now.

so let's turn to our discussion. as we said, protesters turning violent in greece in the past couple hours a parliament face as deadline to voight on the dial. elizabeth macdonald is with us. jonathan hoenig is back with us and monica mate at that is with us. what does it bring back to wall street? bring it back home for a second. >> how will it affect all of us here. because if we continued uncertainty and compound uncertainty of rising rates. markets looking for a little bit of stability. melissa: jonathan hoenig what do you think is going to happen? do you think this vote is going to pass and how critical is here at home? what does it mean for the euro? >> unfortunately if this was just greece's problem the market would simply shrug it off. because, melissa, to your point, it involves european union in general and euro currencies

truly anything can happen. this is great example of what happens in a socialist economy. you can spend and spend enlarge the entitlement state until the music stops. giving greece's borrowing rates of over 20% in the short term, its interest rates are shootings up quite quickly. that shows the level of confidence the market has in this country. melissa: emac, if you look back at history a little bit, germany benefited quite a bit from this over time. they were the ones that reaped benefit of eurozone. all of sudden they had all the customers for their products. you had one currency. it was a great benefit for them. the bill has come due. >> images like this, melissa, you're right, it doesn't edify people who may want to invest or looking at greece. greece is in darwinian fight for global foreign investment just like all the other countries are. i was listening to the debate that goldman sachs and wall street shops helped hide

greece debt. it was covered five years ago. it was dismissed roundly out of hand. we don't know the type of debt goldman sachs had in derivatives. $350 billion of derivatives was sold. greece is the one who bought the derivatives. greece is to blame for hiding its own debt. italy and other countries during the same. go ahead, jonathan. >> quickly, to emac's point, she mentioned the stock market, the greek stock market is down by about 90% over the last eight years. so once again proving emac's point, markets reacted. >> we'll pause it there. investors loving what they're seeing out of netflix. shares spiking after-hours as the streaming service adds billions of new subscribers. profits however, another story. plus as we keep telling you, demonstrations there turning violent in greece as the clock ticks closer to a bailout decision. what will actually happen? remember, the vote is going on

right now. we're going to have all of that next. ♪

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melissa: well, it is just what investors like to see. netflix adding millions of subscribers pushing the stock higher after hours despite the drop in profit. lori has more on this. >> melissa, netflix really a driver here. the subscriber growth around the world 3.3 million total but key is the international subscriber growth. reporting 27 additional subscribers, so that's just tremendous. and on top of that, the original content, which netflix has really made a name for itself, "orange is the new

black," "house of cards," now they're going to original movies. so that's the headline coming out of the earnings call this afternoon. in terms of the numbers, the share with the expectations. 6 cents a share. a few pennies better, that of course the split adjusted. don't forget they did a split stock today, 1.64 you mentioned a little bit lower revenue, which hasn't hurt the after hours performance in the stock, which is up 10% right now, give or take. now, this is an interesting company because a lot of the critics point to the evaluation. it is an incredible bloated pe. you're looking at 183 times earnings. that's where this stock price -- actually if it opens over $100 a share tomorrow, it will be even higher. so it makes it vulnerable to these earnings calls. so lucky for inletneth flicks, it was a good one. we see huge gaps up or down depending on the outcome of the number. so the second quarter was a

good one for netflix and it has been holding up as well. i can give you intel too. we also heard after the bell, but shares up 5% intel in response to beating top and bottom lines. this is in spite of lower expectation, a really outlook. . melissa: thank you for wrapping all of that up for us. we really appreciate it. meanwhile molotov cocktails have been flying in the streets inside parliament where prime minister alexis has until the end of the hour here to come up with enough votes inside the parliament to pass the controversial package by a midnight deadline. let's bring in brian right now first trust advisor. he's on the phone right now watching this action. ryan, what is your reaction here? first of all, what do you think is going to happen and how are you betting going into tomorrow? >> yeah. in many respects, it's not a surprise; right?

melissa? we knew that at least if they want prosperity, that's what they voted. and they use this -- but we have to remember for u.s. investors, greece is the size of detroit. and it is not going to take the world economy down. they can riot all they want, it just hurts themselves. they're not going to hurt the united states. . melissa: i don't know, brian, i mean a lot of people on the opposit other side of this make the opposite argument that devolt doesn't happen alone. it's a domino affect, you see portugal, italy, and it's the beginning of the unraveling of the euro zone. a lot of us are on the idea in a germany has benefited from this for a long time and now the bill has come due, and it's going to impact all of europe. i don't know how we're not going to feel that here in the u.s.

>> yeah. you know, if the spanish, the portuguese owned a lot of greek debt, i would understand this idea, but they don't. it's the eu in general. it's the ecb, and it's the imf. so that protects those countries. i actually wish they would not have. the worry i have is that it causes these other countries to think that they can get bailed out too. however, if it's true austerity and painful, maybe they won't follow suit. melissa: thank you so much. appreciate it. more chaos in the streets, protesters turning violence. don't go away. we are waiting for that vote. midnight deadline. that's 30 minutes from now. 5:00 here in the u.s.

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melissa: police in battle here as protests are erupting in greece as the country plans for a bailout vote. what do we know what's going on inside parliament right now? >> yes. that we know outside the police are getting those rioters under control, and it was really just a group of anarchists that caused all of the mayhem that we saw.

we just saw one of the last mts give his remarks. we believe the voting is just about to get underway. and if that's the case as we believe it is, they may have carried out that vote by midnight, which some of us are starting to doubt. now, there's been a lot of drama inside the far left party, that is the party of prime minister alexis more than half of the mps have signed a letter that really make this agreement in the most unflattering terms, calling it basically calling it a coo in greece and there's going to be supervision of greece's fares. so we'll see how it goes tonight. melissa. . melissa: all right. thank you so much. for more eviction, let's bring in dan mitchell, we also have alan of bulls eye options. dan, let me start with you. and amy just told us that we

were thinking a while ago that this vote was not going to get donnas midnight. and we have 25 minutes now and the latest intelligence is it will. and what happens next? >> i think the answer is yes because if they vote "no," it means they don't get more bailout. and all these looters who are rioting in the streets of athens, if there's no more bailout, there's even more ostator. -- austerity, so what you're seeing is a temper tantrum that you can't consume what you don't produce. . melissa: do you agree with that? >> well, i'm not going to get into the politics. i'm a price action guy. and the markets haven't been impacted by this at all. you can see the stock market took a breather there, but we're still close to the normally. and we've got good earnings out of intel and netflix, and that's what's driving the markets. it's driven by the earnings.

that's more important. but if there is a major surprise, if the market hasn't priced in, we'll see some actions in the future overnight. but look at that euro, still hanging around the 110 level, which is significantly off. melissa: but why is that? why aren't traders more focused on this then? >> it's just we've been down this road before. we've seen this movie, and we know how it ends. it's got an drive down america. and if anything else, it makes u.s. stocks more attractive as far as stability and yield and profits and earnings. . melissa: dan, do you agree with that? >> i agree. greece is only 2% of europe's gdp and of course that's just a blip compared to the united states. and so frankly, a lot of that debt -- if it was all held by big banks, yes, it might be destabilizing, but all this debt unloaded onto banks by taxpayers. so if i was a german taxpayer or english taxpayer, i believed i would be upset. but this isn't going to affect the markets. what will affect the markets

is when the next dominoes begin to fall, portugal, spain, belgium, and, by the way, keep your eye on japan in the next few areas. >> well, the market says otherwise. melissa: the only way you're ever going to get your money back is more austerity, economic growth, that's not happening because you're looking at an aging population and shrinking growth or forgiving the debt. that's the only possibility opinion lower interest rates. anyway i think we're going to leave it there. in the meantime netflix streaming subscribers, take a look at that. we're seeing a real pop in that stock, and that is wait a second based on millions of new subscribers. we'll be right back [announcer:] what if one stalk of broccoli could protect you from cancer? what if one push up could prevent heart disease? [man grunts] one wishful thinking, right? but there is one step you can take to help prevent

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subscribers, netflix added a better than expected 3.28 million customers. but profit fell 3%. and the dollar also hurt revenue outside of the u.s. let's bring in the panel from s&p capital and expert witness jacob is here from the wall street journal. tuna, i want to start with you. what's your reaction? i mean very impressive growth, but same story. it costs a fortune to attract those people. >> that's right. as we look at those results, there's several positive take aways, subscriber growth coming in much stronger than expected in the and did you say internationally as well. i think also support continued momentum in the underlined business. the other thing i wanted to point out is content. i mean each quarter netflix continues to out perform our expectations, especially on

the original programming side. so if you saw that also been a major factor. so while there's clearly, you know, concurred the world of internet television, i think they've set their sights now very squarely on the film side. they've just come out with a very ambitious, you know, original film slate that will unveil in the next few months. and i think this all supports that the addressable markets for television is just getting barrel scratched and that kind of boats well for the longer term aside from netflix. melissa: as long as they're able to leverage it. and you look at that graphic at the bottom of the screen. profit down 63%. that's a problem, even if you look at the stock price here after hours. >> no. definitely. i think the people tend to look at the top number that's in their earnings release, this is the number of streaming subscribers, and

that would be the expectations over 63 million. that's up from 50 million just a year ago. it's more than they guided to. they look at the earnings number, which -- now, let's put that number in context. they on a split and adjusted basis because they just split the stocks 7/1 today, it was 6 cents, wall street was looking for 4 cents, but a year ago they were looking for 26 cents. so the bar has been dragging down and the amount that they were spending on content. and the amount that they're spending on content if you look at the bottom of that release in small numbers, it's 10 billion that's on the balance sheet, those are future obligations to pay for content. that's a huge number. but it's roughly double that actually because they have a lot of off sheet balance sheet that things deal with disney and other providers and they agree to buy programs that haven't even been dreamed up yet. so they need to keep having this success with subscriber growth just in order to stay where they are on the

treadmill of cash going out the door. melissa: is that enough, jonathan, or do they need to dramatically raise prices? >> look at the stock. people invest in the stock, and incas wonderful as a lot of these numbers and projections are, you just cannot buy a stock like netflix, especially as you said it's gapping up 7, 8%, by every measure it is tremendously overvalued. the stock market is parabolic in recent months and lori mentioned a gap on the chart. there's three or four gaps on this chart going back to the earlier in the year. but wonderful company but i think back tomorrow we could see the exhaustion gap, which is a high with a stock receding 20 or 30% after that. i couldn't buy it here. . melissa: tuna, do you agree with that? >> well, that's one of the most common questions we get regarding evaluation. so fundamental perspective, obviously we have it buy for a reason. and the reason is that we think that the huge upside

that we see internationally from international expansion, you know, is going to make up for any potential premium that this stock is currently trading at. so netflix today is a little shy of 60 countries. they expect to accelerate that significantly by next year. and starting 2017, they're going to generate significant properties thereafter. so if you're an investor, you want to position yourself ahead of that inflation point, which is already occurring. melissa: yeah. >> and i think next year is going to be a huge, a huge year for netflix in terms of international subscriber growth. and i also have to clarify that the basis to beat expectations, and i think have guided to international to look at a number that's just reported. actually that was better than international laws, you know, column. . melissa: okay. jonathan, ellen said you're dead wrong. time will tell. we'll see. thanks to all three of you joining us. arm twisting in congress.

the obama administration pitch on capitol hill defending the iran nuke deal. plus waiting on a vote just 15 minutes until the daily baleout in greece. will parliament approve? the scene outside, though, not looking to pretty. the very latest from athens. that is coming up next. don't go away d it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends. three jobs. you're like "nothing can replace brad!" then liberty mutual calls. and you break into your happy dance. if you sign up for better car replacement, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. see car insurance in a whole new light. liberty mutual insurance. can a a subconscious. mind? a knack for predicting the future. reflexes faster than the speed of thought.

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and president obama defending the iran nuclear deal with a 67 minute press conference. the deal's next hurdle with congress and the lawmakers have 60 days to look over the agreement before voting on it. >> my hope is that everyone in congress also evaluates this agreement based on the facts. based on what's in the interest of the united states of america. the majority of congress should approve of this deal. . melissa: joining me now former national security advisor and all bright stone bridge group cochair sandy, we also have republican texas congressman, thanks for both of you for joining us. mr. burger, let me start with you. the president also said 99% of the world's community agrees that this will prevent the iranians from getting a nuclear weapon. do you think that's a true statement?

>> well, i think most of the world community believes that. i think what's important is whether we believe that. not whether the world community believes that. i think that's a true statement. i think it will prevent iran from acquiring a nuclear weapon for at least a decade, probably 15 years. i think it does not rely on trust. i think -- it relies on on site vehicles. . melissa: how is that possible? it says if we have any inspiration we have to go to a iranian committee and they have then days and days to talk about it and go over whether or not they want to let us in. that's plenty of time to do things, move things, and then they don't have to let us in at that point. so it doesn't seem like it would include. >> well, if we have a suspected sight and iran does not let us and the international inspectors in.

we can go to the un, us and our allies, and have the sanctions reimposed without iran or russia or china being able to block that. therthere is a process before you get there to see whether or not iran will relent during that time you've got to believe we'll have every satellite, every electronic device focused on that particular building. . melissa: okay. >> but the fact of the matter is no one can block us at that point. going to the un and having the sanctions reimposed if they cheat. melissa: congressman brady, in the meantime as we're going through this process as mr. burger says, we've unfroze from 100 billion to 150 billion, immediately the iranian economy is off to the raises and that makes them the defact in the region. >> yeah. benefits at all secured in the middle east and the surveillance up in the air.

i would say 99% of americans believe that deception is embedded in iran's negotiation actions. this isn't a republican verse democr issue. it's true security versus false security at a critical moment in the world. 366 members of congress wrote a letter. the president recently questioning a nuclear iran and its security. basically saying, look, you've got to dismantle iran's infrastructure in the nuclear area. it's got to be for a long term, we want that verifiable immediate access, and i'll tell you most members are very suspect if this agreement reaches any of those just basic demands. melissa: yeah, it seems like they get the benefits immediately. and then we spend a long time trying to verify whether or not they're following their part of the deal. >> i don't think that's correct. the iranians under this deal

have to meet all of the nuclear obligations up front before there's any sanctions released. release. that will take them a matter of months under international supervision before there's any sanctions relief. so they go first in a sense in meeting their obligations. >> and i have to say. i don't mean to step in there . melissa: go ahead, congressman. >> well, i don't mean to interrupt. but i think a key question here is, you know, will iran do just the minimum, just the appearance of the minimum in order to get those sanctions released to be able to cover economically puts them in a much stronger position and takes away our leverage. and at the end of the day, again, you know, the good news is congress will have the time to review this because of the law we pass. melissa: okay. >> the burden of proof is on the president. but does this make us safer? does this stop the spread of nuclear weapons? we doubt it. melissa: okay. thank you, gentlemen we've got to go.

five minutes to go. well, the isn't the first deadline greece has missed, but the bailout vote from greece. what you need to know before the trading day tomorrow. we'll be right back

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>> hi, everyone i'm lori rothman on the floor of the new york stock exchange. where stocks closed a little lower after opening higher. investors attention shifted late session to greece and violent protests going on there. we're just minutes away from a vote in parliament on the bailout package and these anarchists throwing molotov cocktails earlier not happy with the strict bailout arrangement. so this is what you're seeing here. pen shun reforms, cut backs to pensions, all kinds of austerity measures these protesters are clearly unhappy with. that vote happening within minutes. we'll bring you the vote live. midnight in greece.

5:00 p.m. eastern here in new york. eyes and ears earlier were focused janet yellen, her testimony in congress. ing into new there. we were poised to extend what was looking like one of the longest rallies we've seen all year. again that dissipated late in the session because of violence in greece. let me move on to earnings reports. this is good news from a couple of tech heavyweights, beginning with netflix. headline here, profit was down, but subscriber growth, wow, way up. that has shares of netflix up 10% in the after-hours session. 1.894 million international subscribers what wall street was looking for. netflix reported 2.37. announced it would start putting out original movies in addition to the original television programs we've already seen from netflix. "house of cards," "orange is the new black" among titles and

documentaries. intel had lowered its earnings expectations but beat those lowered numbers by a wide margin. shares are higher in the after-market right now. with that i send it over to my colleague. deirdre bolton. over to you. deirdre: thank you very much, lori rothman from the floor of the new york stock exchange. welcome to "risk & reward." there is chaos in athens. rioters taking to the streets, clashing with police. the outcome of greece's parliament vote tonight is uncertain. it could be a game-changer for your investments. "risk & reward" starts now. deirdre: according to some reports protesters in athens throwing molotov cocktails. greece's parliament votes on bailout measures that are worse than what greek voters rejected in a referendum more than a week ago.