we know that reid hastings and i'm going to make you guys fall off your chairs. >> hold on.olding on. >> the other side of this thing. maybe he is thinking like bees owes does then years down the road and believe they can create a content studio, plus the distribution. and so to me, i think it will be very interesting if they see an uptick because of of original content. >> let's say that happens. if you believe this is a ten-year or larger story than that oh -- >> they don't have time for that. >> do you own it or hang on to it? that sounded sarcastic. >> the stock is up 20% since july. it's unchanged on the year. if it were to go down in the 80s, you can think about it, probably has some support there. that's all i'm saying. >> dan defending netflix, friday -- what's today? the 14th? >> yeah. >> always about to fall out of his chair. >> the comparison to jeff bezos. >> a lot of people make that -- >> i don't get that. >> no competition. amazon was building bricks and mortar, logistics, infrastructure, while no one was trying to challenge them. amazon has a ton of people in

why is reid hastings doubted and other people aren't?imself over and over again. he's just the real deal. i like that guy. >> i know. dvds coming in the mail. i go that's a joke. that's going to be gone in a year. here our entire life revolves around, what is it, netflix and chilling. >> and they roll it out. people love it. >> you know, the great thing is to us chilling is domino's. to millennials, it's something else. >> i'll see you guys later. >>> coming up, the biggest movers. as we head to break, happy birthday to the halftime report. the celebration continues with jamie dimon and mark lazarie today starting at noon. i do the sales, the marketing. i have to do that from my phone. we use tons of data. i really don't have to worry about it 'cause everything is unlimited. i need data and i need it now. it's the end of data limits for your business. get unlimited 4g lte data as low as $30 bucks per line. switch your business to t-mobile @work. >>> it's a tough environment because it's really tough for our clients. as i said, low intere

shares rising by 25% since the company reported earnings last year, i sat down with netflix's ceo reid hastings. he told me he's confident the company will be able to maintain its growth rate and even accelerate growth as netflix is embedded in more cable boxes. he dismissed concerns about growing competition. here's what he said when i asked him about whether he would oppose at&t's acquisition of time warner. >> it's hard to tell. it's very early. we didn't know anything about it. just sorting through it. for sure we want to make it so that it's required for at&t customers that hbo and netflix are treated the same. now that they own hbo, we think that any special treatment for hbo data would be inappropriate. i think that's basic. >> is this is going to be a negative for net mrix in term ff more competition? >> could be a lot of that. there's a lot of at&t investment in content that could make things tougher, on the other hand it probably will be easier for us to recruit time warner executives. you have some puts and calls. >>> you have been the subject of m&a speculation yourself. at what pri

i'd be surprised, jim, i'd be surprised. >> why would reid hastings want to sell?got a situation where he wants to go domestic reigniting. it certainly could happen. i know that netflix is viewed as being another company that is an amazon sites. i don't know how many companies are considered to be amazon sights, but any time you see web services doing better or the retail portion doing better, people don't want to own retailers and don't want to own other companies that are cloud based. and i think that alphabet has been hurt because amazon being so aggressive. i don't know, i can't see anyone buying netflix and i can't see them being a seller, but there is a huge short position in netflix. the hedge funds bet against every single company that is in this segment, and the bets are just not -- they're not turning out. >> speaking of short interest and acquisitions, did you see the susquehanna note on twitter today. their view is 17 to 26 but then they go on to say m & a is not always logical, especially in tech, you see example after example of companies that have ot

reid hastings said it will double down on original content next year. >> goldman sachs beats both theop and bottom line. the shares, get this, they're up in the premarket. >> visa ceo charlie sharf resigning, saying he can no longer spend enough time in san francisco to do that job effectively. >>> netflix surging after blowing past expectations. quarterly subgrowth of $3.6 million. the company also out with better-than-expected earnings. reid hastings last night on the earnings call. >> it's time for me to apologize for the volatility again. you know, this time it's good a good direction. but i think more and more investors are able to look at the multi-year picture and they see the patterns emerging. and so then it would be less and less about our guidance. >> stocks on pace for the fifth biggest gap on earnings. i wonder if he's going to apologize for the volatility this time? >> they have hand-picked analysts that do the conference call. the conference call is really hilarious, frankly. and i want to say, i want to be picked next, i really do. i want to be on the hastings call, be

hastings. are those the kind of people who you are attracted to that you think they're the ones who are creating the next big things up in the valley? >> well, sure ly mark and reide done extraordinary things. when you realize that you look back ten years ago there was no netflix. facebook was in its earliest stages. now the reach they have is extraordinary. i find them to be very talented, good barometers of what the f future will be. i look for younger people who are getting started, that will be the next hastings and zuckerbergs. you look at someone like evan spiegel, for example, who came out of nowhere and you have snap chat which didn't exist. and now the user growth is extraordinary. you have young people up there i consider to be talent that are names you won't have heard of. in bioscience two young guys, dr. scott dalia and brian slingerlan had stemcentrics that has been working on cancer issues and just sold. you go to the other end of the metronome, you have a bunch of young guys led by a h ph.d. in robotic engineering from our own carnegie melon and they're making very smart toys unlike anything you've ever seen. so you run the gambit from one end to