fortt with carl quintanilla and deirdre bosa this hour shares of snow are heating up and ceo frank slootmaneak down the quarter with us exclusively next and then marvell, ouch shares are down as supply remains tight. the ceo matt murphy will join us later reid hoffman will explain why he believes inhippo's emphatic growth. we are going to start with the biggest tie-up between tech and music since tim cook's apple acquired dr. dre's beats now jack dorsey square making some waves over the acquisition of jay-z's title deirdre, i don't know what to make of this because so often in tech there are these tie-ups i remember when it was will i am and intel, it was a partnership that there was one with blackberry as well and those didn't tend to come to much but then jay-z has been so unique in the industries that he's moved into, the impact that he's had beyonce, his wife, as well it's not just about slapping a name on something. it's about developing product. could this be different? >> you know, i think this one could be different there's some clues in the way that both jack dorsey and jay-z sort

i'm particularly interested in this kind of following on to a conversation we had with frank slootmancloud scale and the importance of being able to take advantage of that and push talent in the right direction. >> yes so there's two areas of talent we're focused on we're helping every company in the world right now that we're working with measure and try to understand what they need. also on the qualtrics side, the talent we add as we spin out as an independent organization of s.a.p. we were able to add what i think is the best team in tech -- i've been doing this for a while and we couldn't be more thrilled with the amount of talent we've added it's one of the most critical pieces right now sending everyone home and trying to bring people back in some cases if you do not have a pulse on how you're going to recruit and retain, but not only that, how to help folks be safe and productive and feel good and that's what we're focused on we get a front row seat to every single organization from a talent standpoint on how they're using qualtrics to engage but also our biggest fan of our own

frank slootman will be joining the show. >> oh, my god you have slootman? it's a monster quarter he is the best and what you have to look at is the deferred revenue that's how you measure that and the deserved revenue was just extraordinary the best i've seen but david, we don't know how to value, when you have 117% revenue growth, and 205% revenue performance obligation david, will you be interviewing? >> i don't believe i will be >> why not >> he's on the "squawk alley" program. >> i talked to a number of ceos last night who could not believe this number. the stock has come down a lot. let's watch this stock because slootman delivered far better. people are saying his guidance wasn't that great. all you have to do is look at deferred to get his guidance this man, he is extraordinary this man, he is extraordinary. and that was the best of the best of the high-tech growth stocks that's what you got to watch, carl it's going to be a great interview. >> i know you're a fan deutsche bank does upgrade to buy. they go to 300 credit suisse from 275 to 310. some o

it is unclear to investors whether that's the way to go going forward, but we will hear from frank slootmanand the half." >> welcome to "the halftime report." i'm scott wapner what might come next with your money. we have degas wright the chief investment officer jim leventhal. i will take you to the wall to see where stocks are currently trading. we are holding on to nice gains across the board and interest rates slipped a littlebit. the yield on the ten-year note down to 163. that's a few basis points lower than it was earlie

it is unclear to investors whether that's the way to go going forward, but we will hear from frank slootman in "closing bell" later today. let's get to judge "and the half." >> welcome to "the halftime report." i'm scott wapner what might come next with your money. we have degas wright the chief investment officer jim leventhal. i will take you to the wall to see where stocks are currently trading. we are holding on to nice gains across the board and interest rates slipped a littlebit. the yield on the ten-year note down to 163. that's a few basis points lower than it was earlier today. that is certainly helping probably stocks overall, but certainly the nasdaq trade steve weiss, what after this week are you now watching more than anything else is it all still about rates? >> it is all still about rates, absolutely it is going to be the rate of change of rates. so i'm watching inflation. i'm watching, you know, general economic news, more important than they've ever been but i believe the market ultimately would expand to 3%, as long as we don't get there next week, get to 2.5% next week, i

both come back and join us as we get through this digital transformation for now bret taylor, frank slootmanng public today we will hear from the company's ceo, next. >>> plus, suez standstill. find out the astonishing amount of money in trade that is currently being halted because of the cargo ship stuck tinhe suez canal we have the latest for you on this incredible story, next. or employee number two hundred. maybe it's understanding the real value of your business. or ensuring that what you've built, will be taken care of for a long time. whatever you're planning, you don't have to do it alone. we'll make that part of your plan. you have a team who's been preparing for all kinds of futures for nearly 170 years. learn more at massmutual.com we see smarter software delivering cleaner power. emerson's breakthrough technology enables the power industry to integrate renewable energy sources to modernize and improve the electric grid. emerson. consider it solved. keeping your oysters business growing and improve the electric grid. has you swamped. you need to hire. i need indeed indeed you do.