i will bring back in tom leighton from akamai. what is your take?anything that brings jobs to the u.s. is all good. at akamai, we have created several thousand jobs in tech. the majority being in the united states. in tech, one of the issues we have is gender balance and diversity. that is an area where we are making special efforts. we have created something called the occam i technical academy. akamaiesigned -- the technical academy. it is designed to provide training for women vets. the hope is they will come to akamai when they are done. so far we have been pleased with that. emily: great to have you back here on the show. we will continue to monitor any headlines from president trump's remarks, right now at the white house. u.s. regulators finally weighed in on initial coin offerings. we will talk to the ceo on the type of coin offerings. this is bloomberg. ♪ emily: u.s. regulars now have jurisdiction over digital currency. the sale of digital assets must now adhere to federal security laws. i want to bring in caroline hyde from london. the pac

akamai disappointing investors to some degree. united missed in their fiscal year.of those shares are down. as for earnings winners, we are looking at boeing. not only did they beat and boost, but they recorded free cash flow of $4.1 billion. the stock is up 8%. beat and here is the point that the company is saying that they are back in contact with anthem. that could also help to explain the 4% gain for the shares of express scripts. let's hop over to the bloomberg and take a look at this earnings season and how it could turn out. growth onthe earnings a year-over-year basis. we had that earnings recession when earnings growth was declining. now it is back in the positive. q1 was up near 14%. the estimate for this quarter is going by 8.8%. so far growing by 7.6%. at the bottom, we have the price to earnings ratio. a seven-year high, so something probably has to give. one we will be watching after the bell is faced look. shares had been higher earlier and don't now -- and are now honestly lower. investors are looking for more than 40% growth in both the top and bott

as a result of akamai poland doesn't have to depend on russia anymore. make america an exporter, and get your bath lines. that's a huge part of what the president is for. the president is exposing a rift in europe. there is a gap of the people of eastern and western europe. eastern europe, which was under soviet oppression understands what it's like to struggle for freedom. and to hear a populist nationalist message resonates. that's a well perceived message and uplifting. if democrats want to make nationalism something evil, it promotes peace and economic advancement. they understand a means of against russia. >> we appreciate all three of you, thanks for being here tonight. coming up next on "hannity." >> as far as north korea, we will see what happens. i don't like to talk about what i have planned. >> no great options there on north korea, but military options clearly on the table. that on "hannity" when we continue. per roll bounty is more absorbent, so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bo

says a new contract will be on terms significantly less favorable than the company, it's down 1.3% akamai shares are falling forecasting quarter quarter revenue that missed estimates. oouts do it's down 7% i robot pointing to success on amazon's recent prime day instead to positive results and record stock jump, bloomberg reports a possible soft bank stake in irobot. >>> shares of nintendo getting a bunch on the back ever strength in its recently launched switch console. timel daimler posting another record quarter. they created a strong base off of which it says it will be able to, quote, exploit new business models amid industry disruption. hyundai posting its smallest quarterly net profit in five years. the auto maker warning the second half would be challenging due to slower sales in the u.s. and in china >>> let's move on to top trending stories rick perry falling victim to russian pranksters the energy secretary thought he was speaking to the ukranian prime minister about energy poli policy instead he was being pranked and was pressed after being told about a fuel created from a mix

cloud delivery from akamai boosted better-than-expected revenue reporting a 6% year-over-year increasecast missed estimate, and the company stock sank to its lowest level in a year. the ceo joins us in the studio for an exclusive interview. the important thing to realize is traffic is growing at a very rapid pace. we have lost some share to .o-it-yourself efforts outside of that, our traffic growth is bigger than the internet as a whole, so you can infer from that we are gaining share. i think the important thing to take away from second-quarter results is that now our performance and security business, our web division customers is the majority of our revenue, very profitable business, growing at 16% year-over-year. in security business particular, almost $500 million. we expect that to be $1 billion over the next four or five years growing at 34%. emily: revenue is still strong, but slowing down. is that just the law of large numbers? is that because you past the early adopter stage? tom: growing up 34% is pretty good and you're the largest cloud security provider. there is strong gr

. >> and akamai? >> i've owned this stock more well over a decade here's what i would say. i was still in a good part of my position the company missed actually, they did okay for the quarter. they said next quarter it will be down because the anniversary and presidential election was -- >> was that the fetal position you were in? >> no, that was for something else they knew that was happening why guide down based on that this is a situation where the management is continuing to deteriorate faster than the fundamentals and they are deteriorating in a very competitive business i did buy some more calls hoping that there would be a greater fools theory i know it's a very high bar. so i think -- i do think that, however, that this would be a great acquisition candidate for an at&t or an amazon or somebody like that to come in i don't know if it will happen but you never know >> pete? >> yeah. >> after that -- >> how can you go long what about amd >> the stock gave it a bounce and i was talking to josh over here who was talking about it's starting to look bearish because of the

with akamai will turn it over to our expert panel which we are lucky to have this morning. let me briefly introduce each of them and then we will start the conversation. to my immediate left is texas state representative who is the chair of the mexican-american n legal caucus and former naleo chair. aave harris gonzales, lawyer, a partner at law firm focusing on issues related to immigration at the local level formal -- a former senior counsel for immigration rights in the obama administration. last but not least, california , if we can welcome them all with a round of applause please. [applause] let me start with representative achia. you have been in the trenches so if you can give us a sense of the genesis of sb4 beginning with the legislative session in january and how it moves through the texas legislature to end up being signed by governor greg abbott recently. if i can contextualize it come at the outset of the session in the governor's state of the state speech, he declared quote unquote, sanctuary cities and emergency item. that and ensure that the bill is going to

barring any catastrophe in terms of the economic at akamai think they will go through with that. in terms of the economic data , i think they will go through that. scarlet: the it hasn't changed all that much. just the economic data hasn't changed all that much. are we in a state where inflation is transitory or are going back to that path where 2% is normal? ian: you see the curve flattening the way it has been. saying it's not transitory were the fed seems to be saying they will push forward with normalization at all cost. we will get more clarity on that over the coming months. scarlet: also in the next couple of days and weeks, we also get a lot of fed speakers as well. you have the monetary policy report due on friday. thato you position for ahead of those key meetings, key announcements? ian: right now, we are trading the market very technically. everyone is playing for a flattener. we tend to want to be on the other side. we would be looking for a modest steepener before a push back towards the flattening trend as the fed followthrough. scarlet: we got a lot of fed speak t

. >> two questions for akamai can you take us to the process of how the president has decided to hire his nuke medications director, anthony scaramucci. what were his rolls beat in terms of objectives that the president wants them to meet? >> as anthony said, he's on the president a long time. he's been a loyal supporter of the president. anthony is somebody who has come from nothing and built an incredible -- i think several incredible companies. he is one of the most successful, smart people that the president can put on his team. the president recognizes that and wanted him to be a part of this process a very on. he was a very strong advocate throughout the transition. this has just been part of the process to bring him inside the white house. >> follow up rob mueller. does president trump have confidence that he will conduct a fair investigation? >> at this point, i don't have any reason to see otherwise, but i had not had a chance to ask the president and i would want to get clarity on that before i commented. >> starting january 20th, there've been several big departures of the

there are tracks from other stocks, including akamai, which provides the pipes for internet traffic,with numbers that disappointed. it did not see as big of an uptick in media demand as estimated. some companies have been bringing some of that activity in-house. comingal health services out and disappointing in terms of numbers. there is also some concern among hospital operators about cuts to medicaid and the effect they could have. how about the companies reporting after the close today? we are watching facebook, which is very marginally higher, paypal, and f5 networks. we will talk about facebook and f5 in our options segment, coming up. looking at other assets and measures, we have seen this drop in the u.s. dollar. the vix is unchanged at this point but standing at a very low level, the lowest today since 1993. the 10-year yield down by six basis points. it was only down by about two basis points going into the fed's statement. which calculates the probability that we will see a rate increase at the upcoming meeting using fed funds futures, is in the left-hand column, showing be

at&t posting strong gains following positive results amazon, expedia and akamai at a low and ibm at aix-year low. brian? >> the markets and the fed are where we begin today the fed is expected to leave things unchanged how hawkish is the key for you and your money as president trump tells "the wall street journal" that he hopes chair janet yellen will keep stocks low for the foreseeable future stocks once again are higher steve liesman following the action in d.c. and bob pisani tracking the markets at the nyse is this all about balance sheet reduction conversation or do rates still matter >> you've got that right there is a slight, brian, chance of a surprise this afternoon if the fed were to announce reducing the balance sheet now rather than in september as expected fed chair yellen said it could begin relatively soon but there is no reason to surprise the markets today. the fed does mention the balance sheet reduction and the question is how it will react the big story has only been the modest reaction in the fixed income markets really a lack of concern with this announced plan b

week highs in early trade this on the back of facebook's strong quarterly results, macron, paypal, akamaiing to the gains. it is heavily weighted in the s&p 500. it is also this many and this year's leading sector come ago head of amazon and intel's reports this afternoon now back town for the start of "squawk alley. carl >> seem yashgs thank you good morning, it is 8:00 a.m. at twitter headquarters in san francisco. it's 11:00 a.m. on wall street and "squawk alley" is live ♪ >>> good thursday morning. i'm with jon fortt and sarah eyesen business insider hedgery blodget. it is a tale of two social networks twitter shares dropping as they added zero new users and then there is facebook hitting all time highs joining the half a trillion dollar club. the company blowing past