they're going to be looking at alibaba as tim just said. in the sentiment after-hours was basically her giving you a vision, a feel scape, so to speak, as to what she thinks going forward profitability is going to be. i don't agree with it. >> more headlines as we have. time for pops and drops. big movers of the day. harley-davidson down 10%. >> it was a disastrous quart e for. but this is a premiere franchise. we look where it traded down six or seven months ago. i think you hold against the stock. i think the risk reward sets up nicely. >> got a pop for s.a.p. >> friend of the show this is one of the stocks boodsted by a stronger dollar and lower euro. i would be still a buyer of s.a.p. >> got a pop for arm holdings. >> another name that did well because of a weaker euro, stronger dollar. this stock up at $55. either breakout or resistance level. got to wait for that momentum you got to wait for the break and see if that thing blasts through $55. >> drop for under armour. so people look at the first quarter numbers more or less in line. a

. >> if you add up alibaba and yahoo! japan and the cash, that's worth more than the whole market cap of the company plus you're still getting the operating business which has a billion dollar in ebitda. it's not personal. it's not picking on the company and i don't think anybody else is picking on the company. it's just about value. >> pete, you're not in this anymore? >> this is an old story. we talked about this in the teens, literally in the teens we sat on this desk and talked about let's look at the sum of the parts. suddenly you start saying, look, how about the investment in alibaba and all the rest of it. got up towards $50 a share. now it's pulled back. now it's just one of these stories where it really trades with wherever alibaba is trading. >> also are shareholders that unhappy? it's been riding the alibaba wave and -- >> the core business is still a question for a lot of people. how is the core business and what -- some people say it's worth zero. i'm sure it's not worth zero but what is the core business? i

alix: in terms of alibaba either asset sales?s still very much a tracting stocks, and they own shares of yahoo!, so they probably should have a view on alibaba, and i think a meaningful impact to yahoo! shares will come on may 7. alix: thanks so much colin i would go to scarlet fu. what other numbers can you tell us? scarlet: investors are a green here that this is not a very impressive quarter despite the emphasis on the surge of revenue growing 20%, the mobile gap revenue increased 60 percent or some odd percent year and colin was just talking about the search business, and you who and microsoft not long ago updated their search sector to exit the business, nonetheless, the yahoo! is very much attached at the hip to microsoft, and at least 51% of its desktop traffic is through there, so i wonder if it is so goes microsoft, so goes the big net, so goes a yahoo!? alix: especially since yahoo! can kind of move away from its deal with microsoft, colin, give me a response to what scarlet said there? colin: being tied at the hip for

nothing with alibaba.e she's there for creating value, she spent a lot of money and she's not turned the business and firefox outbidding google. which means that's not going to be profitable for yahoo to be the search engine there. it continues to get worse and that you know, look, is it unfair to beat up on her? no. she took the job and made a lot of dough doing it and now her moves have not been great and have not turned it around. >> i think what we're looking at here is just a break-up of the constituent parts. this thing trades as the sum of its parts, whether it's yahoo, japan or baalibaba. when you strip it out you've got the value of the search engine, much less than half of the overall market cap. we talked over the weeks that maybe somebody would come in and buy this. i don't think anybody would. because you can go buy alibaba in the public market. you would strip this thing out and just get to the value of yahoo, the search engine, yahooes if, all that stuff. it's much, much less than the market

within those alibaba and 10 sent have a billion evaluation.ving into areas, we're seen them in transportation and media finances. you expect them to disrupt other sectors. in other technology companies, can they be the leader. people talk of private evaluation of over $45 billion which is aggressive begin we don't know how they are going to make money in the future. >> and the rest are in the danger zone? >> well, no. the interesting thing about this time around is that al by bab ba and some of the others are buying companies. so this used to be the problem there was no m and a in china. that's changed. one of the reasons we've seen this huge change in china is you are not just going for an i.p.o. you are gunning for one of the big guys. not everybody can win. what will happen if there is a downturn and there will clearly. the evaluations will drop off quickly for those third fourth fifth place people. will there be deals done for the leaders in categories, will they be able to list? the question is how long does the music continue. >> that wa

the yahoo stock has to be really well during her tenure, it was a way to invest in alibaba.eir alibaba investments, so moving forward, yahoo has to do well by being yahoo. and she has put some of the right building blocks in place, they went from about 50 mobile developers to 500. they made some smart acquisitions such as flurry, which does mobile analytics and bright role which does video advertising. they've not done, roll out a transformative app. when you look at how google got big, they did the search engine, they did g mail. they did google maps these were transformative. not just for google, but for the industry. yahoo's apps are nice but not going to be big businesses by themselves. if yahoo is going to go to the next level, they have to do something transformative and something that consumers want. >> turn-arounds take time and marissa mayer has laid the ground for that wall street extends to be impatient. but they haven't had with like what apple did with the imac and the i-book. a transformative product with that changes the area where they play. do you have a sen

guy: how does alibaba get involved? christoph: it is a very exciting story for us.ll be financing all of the businesses that are buying from china through alibaba. i think it is a fantastic transaction. they can provide a valuable service to their customers. it is very attractive access to small businesses. francine: what is the threshold? i'm a small business. i'm buying the bulk of my things that i want to sell from alibaba and you provide me financing? do i have to spend a certain amount? it is a great concept. i'm wondering the threshold and whether you can roll that out with people like amazon or other online shopping providers. christoph: i think that's one of the big benefits that we offer. we provide funding from as little as 1000 pounds. the threshold is really low. some of our merchants are only turning over in the tens of thousands annual revenue. our largest customers would turn over in the low few millions. they would receive larger amounts of funding from us. platforms like ebay, amazon, or alibaba, benefit from the fact that we can cater to the small

alibaba may fold its movie ticket business and a crowdfunding platform into alibaba pictures. mcdonald's posted its 14th consecutive months of decline in sales in japan. the number of customers in march fell more than 23%. this new ad is not helping. >> [speaking japanese] brad: many in japan have called the ad dirty, gross, and unappetizing. now let's turn back to our special look at the on-demand economy with om malik of true ventures. this time we are talking about food. on-demand services are transforming the food industry providing everything from her favorite restaurant dish to farm fresh eggs. the business of perishables provide a number of challenges. munchery's ceo is with me now. thank you for joining us. we live in this amazing surplus economy of on-demand food startups. tell us how you are different. >> we have our own culinary staff. we do not deliver the food from local restaurants. we have our own staff of talented chefs who work and cook us amazing menus, changing daily and exciting things to customers. om: you think you can compete with chipotle and roundtable

>> well actually the priority at first was to separate out alibaba and take advantage of getting thevalue without the double taxation. one of the best ways to do that, we felt, was to merge the operating business of yahoo with aol, thus leaving behind the alibaba stake in a tax efficient matter. >> of course they have done that in a tax-efficient man we are a plan to spend it on separate companies. >> they were able to figure out. we didn't know if this was possible, because we're not insiders. they were able to figure out how to do it in a forward way where they took their stake and going to spend out that out in a separate publicly traded vehicle. merging with aol has strategic benefits and something that can work, but the idea of putting them together now probably makes more sense after the alibaba spin happens. it's not that it doesn't make sense, it doesn't make as much sense right now. >> what's going to satisfy you here? you have what, .82% position of the company. dollar wise it's not an insignificant sum, $4 billion fund, it's important for you, but you're not a huge shareho

it was a proxy for alibaba and now a big miss. caroline: big miss, but people being hopeful again.uarter sales down or percent but profit earnings-per-share, up by 61%. there slashing more than 1000 jobs in just the first quarter alone but it seems like the turnaround plan is stuttering emerging business is what they call their maven their tumbler and blogging platform did see a pickup in sales up 58% for that bit and mobile revenue up 61%. but google has been eating into their market share off and still seeing deteriorating revenues. you think that overall juicing investment is appointed. she has been in charge almost three years, marissa mayer's, yet still you have market share likely to decline and one group saying display advertising market only has 3.5% come 20 15. jon: it was all going so well you had beats, ibm, sap -- yahoo! lets us down and wii's, what is this company in a -- and we ask, what is this company in a post alibaba world? caroline: how do you placate your investor base? you placate them with payoff and sales. they've already started to earn the money from alibab

it's alibaba's back. >> no to yahoo!.omething is wrong with this name. >> no it's not an earnings story. no. >> time for the final trade. >> i think turkey is an outcast that actually starts to rally more in emerging markets. >> twitter. i've been long. still long. they will surprise when earnings come out at the end of the month. twitter. >> so you stay short tlt. tlt even though it had 1% up today especially if oil goes higher. you want to be short. >> bad day on the market. couple months ago i said my friend john highland was diagnosed with cancer, bone marrow transplant. he went got his transplant. been in the hospital for 2 1/2 weeks. made it home today for his youngest son's birthday. kids didn't know he was coming home. huge birthday gift. way to go big sexy. blackstone will get you done in terms of stocks. >> one minute left. today was a huge market day. monday morning you open up your screens. what are you watching for overnight? >> european credit spread. see how the dollar responded. today you had commodities v

you mentioned alibaba and google in your post.t come up is yahoo, where you were president until 2009. what does that company look like after it spins off alibaba, figures out what to do with japan? how big is the core business in your estimation? >> you know the core business is a relatively small percentage of the stock price now, people might debate whether it's $5 or $10, but it's not a big part of the total. the challenge is you guys earlier were talking about twitter user numbers and things like that. what twitter's done in the last couple of years even in the face of slowing user growth is it's driven its revenue peruser up more than two times, it was less than $2 peruse anywhere 2012 and it's more than 5 now, yahoo in 2008 generated $13 peruser, a little above where facebook is now, today it's sr. half that they're having trouble monetizing their users and figuring out what ultimately is the product that's going to make it sing. and it's a challenge. >> i know it's a big question that's looming. we appreciate your take thi

to play alibaba has been consistent.ahoo!. i'm not deterred by last night's quarter. let's go to juan carlos in florida. >> jim how are you? big fan. >> excellent. thank you so much. what's going on. >> tell me what do you think about hawaiian holdings? >> if you're going to be in the airline jous to be airlines you have to be in spirits. we hear from love and that will also be very interesting. paul in texas. paul. no, we're not going to do that. that's low cost. james in connecticut. >> jim, congratulations. >> thank you very much. i'm second guessing my sale of twc. time warner cable for 151.58. >> remember this one is in talks to be acquired by the parent company's extranet work comcast. i'm not sure what will happen there. i can't hazard a guess about what's going to happen. let's go to jerry in florida. jerry. >> how about carnival? >> i think carnival is terrific. that was a beautiful number. i think the stock can go higher. i love that business right now. also does well with low fuel. so i think carnival is good.

alibaba continues to develop its overseas business.called off a mission to resupply the internationals space station after losing control of a rocket. the unmanned rocket is spinning uncontrollably through space carrying 6000 pounds of fuel and supplies. it will fall to earth and likely earn up in the atmosphere. a cloud service focuses on in improving web performance and video transmission, and has for a long time. they are up 16% in revenue and profits up 7%. making the internet work in all the weird places the internet shows up now. tom, you have been around for a long time, but i feel like the challenges are getting very different because the places the web goes are so very different. tom: it is harder today than it was 15 years ago. people are accessing the web from mobile devices, using their cell network. it needs to be clear and it needs to be secure. we all know these are big challenges today. cory: can you give me the cocktail party description of what your company does? tom: our goal is to be fast, reliable, and secure. we w

and the stock growth based on most reports is really keyed to alibaba. so i'm looking forward to yahoo being a stand-alone business, because you could, i think it's a great undervalued asset. if you do the right things. so i'm excited to see what happens with the stock. i, think it's a company with a billion users, four and a half billion revenue. a billion potentially $1 billion of profit. that's a great asset to go run. and the people there are terrific. >> i'm sure, you are still obviously somewhat critical about where the business is relative to where it was and i guess what she's done in the last three years, or in some respects hasn't done. and i'm sure you expect that i'm going to ask you a question that there are bound to be those out there who hear all this and say, well of course levinson doesn't think that marissa mayer has done all that well and that yahoo hasn't done all that well, because he's not there any more. and that he didn't get the gig. is it a fair question to ask, ross? >> i've been asked it a lot of i've been asked it on this sho

. >> they do there's another company called alibaba.osure to that, wouldn't you be buying that? >> well they have, it's complicated. they have a number of issues and problems and i think also -- >> you don't like the vie structure in. >> i think alibaba's listing supported the v.i.e. structure. that's i'm not as concerned about. i think it was a well-hyped story. they're also, they're spending money pretty aggressively. they have to show their growth. we like ten cents a lot better than alibaba right now. but in general, the theme of china internet is a good one. >> talking about the internet and i mentioned at the beginning of the interview, you've been here for 25 years. you think the growth for this city and what's going on is only at its infancy. >> well, technology has changed, until the internet, i think technology was a pro cyclical gdp high-beta industry. you sold you know, gadgets and chips and widgets. and as the gdp grew more, people ordered more. the internet happened and suddenly investing in technology changed. and i could

compare that to alibaba which is up about 20% since going public. is a company you've been watching, how stark is the difference between the performance of the two? >> it's notable. remember when alibaba went public we were talking about it, jd had gone public several weeks before and often it's the secondary company that has less hype that can end up outperforming. jd's strategy is more like amazon, building out logistics infrastructure where alibaba is more ebay like, more business to business. definitely one to continue keeping an eye on. >> when we come back, how much are you charging your company for rides with uber? we will bring you new numbers that should make ceo travis calanic happy. inside one of the most notorious factories in the world. walt mossberg will walk us through his tour of foxconn in china and live streaming shut down. head of business and media at major league baseball tells us why using periscope or meerkat could get you thrown out of the game. as we go to break check this out, hbo now live on apple tv. dow up 85 points. "sq

it's a key part of her strategy to get the company moving again in this post alibaba era.oining me in the studio is bryan womack, who covers yahoo! and paul sweeney of bloomberg intelligence. she is telling investors to be patient. how patient should they be? guest: you do have something interesting going on, it's just more of the same. the rates in growth are actually declining and when you look at the print, the core business is a big disappointment. you saw the stock selloff right away on that. emily: would you go that? big disappointment? paul: investors, as we move past the alibaba monetization issue, which quite frankly, the management team and advisers did a great job coming up with an elegant structure for that asset which will be positive for shareholders. but as we move past that investors are focusing on the core operations. and what they are focusing on specifically is topline revenue growth. this is an industry growing 15% plus every quarter and yet yahoo! is unable to post any growth. in fact, the revenue declined about 4% this quarter. so really the operatio

to dangle this as she did with the alibaba.l with microsoft. that's the bigger deal isn't it. >> i agree with that actually. we have an opinion on the stock. really the thinking is that the operations are still a big question mark. look at display advertising pricing down double digits four straight quarters. yahoo needs to fix that for significant appreciation in the stock at this point. >> scott, some of your peers and those investors who choose to own the stock will point out if you back out the alibaba stake, you're still getting the rump if you will the core business for free as an argue of value. do you agree with that? >> david, we don't agree with that. if you look at just putting together the stakes and those two businesses applying a discount we come to something closer to $40 billion or maybe $35 a share. we actually value the business a little bit more significantly than others but conversely, we think those nonoperating stakes are worth less than what other people think because there's a control issue and there are

we believe alibaba is a promising company in it's own right.arket share than amazon does in china than in the u.s. so we're comfortable with that but certainly yahoo! needs to begin to show revenue growth. >> thank you for being with us. thanks a lot. portfolio manager at jacob asset management. loads of people writing in this morning. thank you for all of -- >> to celebrate the queen's birthday. happy birthday. >> most people writing in evaluations talking about whether or not it's time to invest in europe or the u.s. a lot of people saying we're going longer in european equities. it goes back to the conversation of whether or not it's going to be over edge this time around. >> also the wide card in all of this. >> we'll be back tomorrow. seema and i. double duo. that's it for today's show. >> always fun working with you lou. have a great day everyone. thanks for watching worldwide exchange. next up is squawk box. >>> good morning a strong start to the week for stocks. why is one well followed investor warning it's time to get out of u.s. equi

alibaba faced slowing growth.lls off a mission to resupply the international space station after losing control of a rocket. nasa confirmed the unmanned spacecraft was spinning uncontrollably through space, launched from kazakhstan yesterday carrying 6000 pounds of food, fuel, and supplies. it will fall to earth and likely burn up in the atmosphere. as more devices and operating services more than ever before, high quality digital content on whatever you've got -- improving web performance and video transmission, akama. the copy reported first-quarter earnings with revenues of 15%, profits up 7% grade the strategy for making the internet work in all the weird places the internet shows up now, the ceo joins me now. you have been around for a long time, but i feel like the challenges are getting different because the places the web goes are so very different. guest: it is harder today than it was 15 years ago. people are accessing the internet with mobile devices. they are using cellular networks. they expect their

linkedin, alibaba and yahoo! am i right?and amazon. the action on alibaba has not been encouraging to anybody. >> well actually you're absolutely right about that. the question is are we washed out on alibaba? and our point fundamentally was we've had a couple negative news items, one was very much anticipated, the lockup expertation, another one in september, some fraud issues and problems with mobile monetization. our take around $80, you get 30 times earnings for a name like this that dominates chinese on-line retail that's where the risk is very much washed out of the stock. we think the stock has a floor in this space. we may be kind of tapped out on the high side until we get through the september lockup but down in the low 80s we think alibaba is a very compelling long. >> okay. what about zillow and trip which are two negatives, which is the most dangerous or the clearest short from your point of view? >> well i don't know about a short. we have a hold rating on zillow but we are highlighting they've closed an acquis

and alibaba. the tax structure in this country is so screwed up the only way you make money creating a non-profit entity. >> now that is the truth because, we are so screwed up with what we're doing. of course we've seen that, in a number of companies but yahoo! being one of them. they have been able to get away from all these things. it makes absolutely no sense when you really look at it. that is the problem with, we on balance tax code wakes it up. when you have to manuever yourself to get the money back for nothing and rather than paying tax. it is something that has been created. they're able to do that, make it work for them. at end of the day, everything should take whatever advantage they can. ask elon musk what he does with all his companies. david: gentlemen, good stuff, thank you very much. >> thank you. david: meanwhile poultry producers in multiple states are bracing for more losses as very highly contagious strain of avian flu forces farmers to put down millions of chickens and turke

you can sell all of these different products, you can sell your share in alibaba, but what is the largermoving forward over the next couple of years that's going to give investors hope that yahoo can pull off whatever marissa is aiming for? i don't know, i've listened to her, i've seen her, spoken to her, i don't know. >> maybe we should talk about mavens, john steinberg. >> the company has no growth and no marketing strategy. everything is so confusing. how about tumblr, 474 million users. >> maven is what i was referring to -- mobile, video, native, social. >> it should be just innovative products, if she came out and said tumblr is doing $150 billion in revenue. the maven stuff is too confusing. >> $234 million in mobile gap revenue, there's as much to like if not more than to dislike. considering that revenue is hoeding steady. they did the mow zilla deal, it's a profitable deal. if there's anybody to figure out how to keep the momentum going, it's marissa mayer. they've got yahoo japan in the back pocket to turbo-charge. my big criticism of yahoo would be she hasn't done any kind of

alibaba, china's biggest internet company, for example, has said it will work together with shanghai automotive's to build a new internet-connected vehicle. you will see new electric cars new hybrid cars. volkswagen has a new electric. there is a new audi hybrid. there is a lot of investment going in. the chinese government says it will promote research and development in electric vehicles. i think there is no question this sector is going to develop. as we can see for the moment, there is still quite a long way to go for the electric vehicle in china. stephen: we will have more from him later in the week. another company we are watching closely today is google. it will overhaul how it ranks search results. the search engines as the update will start on tuesday. it will favor sites that are meant -- mobile friendly. this coming days after the eu launched complaints against google for how it private -- prioritize its own services -- how it prioritized its own services. genie: staff in which industry complained about low pay and dreadful coworkers? stephen: this was at the new york-bas

it's interesting timing given all the rumors about the potential interest from a alibaba. >> i take greatoaded comment. i'll tell you why. i had lunch with mark today. it's important to note mark returned the basis to his investors. he's been a long term great shareholder. basically what he did was returned 20% basically to the bases of the shareholders that came in. it's important to note he kept 80% and over $1 billion of stock. >> okay. so in terms -- so when analysts are saying he sold at an interesting time because of the rumored interest from other parties like alibaba or liberty, you say that's bunk. it doesn't make a difference? >> i don't think that mark's timing of returning the basis back to his limiteds had anything to do with anything except for the fact he wanted to return the capital to his limited partners. >> let's talk about john malone who is now on the board through the stock swap that was completed at the end of march. what do you think his plans are? you're probably more familiar with john's thinking than any of us on the desk but this is an interesting swap because

. >> alibaba was very focused on their book. these guys kept the book very small. clearly nothing like the size of the alibaba offering but very small in terms of any institutions getting in there. not going to get a lot of hedge funds flipping. they are not going to make their lunch money as they often try to do when they think there would be a first day pop. from a new york point of view it's one of the first companies of this era that's gone public from this new world, if you will of silicon valley whatever you want to call it. it's brooklyn. pfizer came out of brooklyn. >> brooklyn representing. a lot of people were disappointed tumbler sold to yahoo rather than going public. they are looking for a market cap close to $2 billion. that is a big deal for a company to go public to bring its culture to the fore rather than be subsumed by somebody else. that is a big deal for new york. >> we always talk about what i call creeping ipo marketing inflation. that is the show that gets put on at the various exchanges. we'll see some of that at party city. what does the n

apple pay, for example, works with fingerprint scanning technology and alibaba's jack ma would allow users to pay by scanning face with a smartphone. some analysts are skeptical. >> it's taken some time to get comfortable with the idea of having their fingerprints scanned, so i'm not certain that consumers are going to want to have their eyeballs scanned by their phones just yet. >> reporter: much of this biometric technology is still very much in its infancy, but some analysts do believe it's the future of payments where passwords and pins become a thing of the past. for "nightly business report," san francisco. >>> we begin market focus with news that kraft and mondelez have been charged with trading manipulation. trading commission is suing both of the food giants with manipulation and an attempted manipulation of cash wheat, and wheat futures prices. shares of kraft little changed after the close. before the close, the stock was up 4% to $90.70. mondelez's stock didn't react initially but before the close up slightly to $62.29. monsanto second quarter down 15% missing estimates c

alibaba pictures added. it was considering fold its online ticketing business.ing for partners to acquire more companies. agreed to nominate eric ol son as they look to overcome opposition for their planned merger. both boards of both the companies have approved the approvement. and u.k. o.g. an oil and gas firm said it has found 100 billion barrels of oil in the u.k. now it is unclear whether it refers to reserves or resources. mark: the greek finance minister is in paris on the day a 450 million payment is due to the i.m.f. a economist told bloomberg he sees them trying to force greece out of the euro area. manus spoke with mr. piketty. what else did he say? manus: mark, good morning to you. yeah. of course this is a celebrity economist. it is quite amazing when you come to paris and through all of the oecb scholars, they have their iphones out. they were fascinated to see piketty. and they were taking pictures of him. i thought it was quite telling. it was almost conspiracy-like really. addressing how economists get from economists to conspiracy theorists. th

we saw this with alibaba.o they buy themselves more time by dealing with these issues and rolling them out as sweeteners to investors to stick in there? >> we believed yahoo! is a sum of the parts story until you get into 2016. you'll get the spin of the alibaba stake in the fourth quarter. investors will get that. we long believed yahoo! japan was the next asset to be monetized. the announcement came about one to two quarters earlier than we thought we were going to get. if they can monetize that in a tax efficient manner nobody has that as well. that's another leg of the story so one of the main themes we're coming out with is there's multiple ways to win here. the last one is the turn around. >> but the last one is the turn around. he basically said once alibaba is gone and now to the extent that japan piece is gone she is for lack of a better word naked. she would now be -- the company is exposed for what it is in terms of operations. it added $500 million in cost to their operations so the question then b

david: i have to mention this, alibaba up big time. [closing bell ringing]. david: up over 3%.eone say by buy it early. he was right on the money. liz: here are the bells and a little bit of confetti at nasdaq, that's nice. liz: on a day we got federal reserve minutes from the most recent meeting, in march, gyrations of up peck proportions, up, down, all around. dow jones industrials seeing a gain of 26 points of the not the highs of the session, but pretty much up there falling into the red after minutes came out. s&p 500 also in the green. up five points. nasdaq showing real -- david: nasdaq up 40 points today. the very big move on nasdaq. that has a lot to do with a particular stock. we'll tell you about it. we have a busy hour. "after the bell" starts right now.

emily: duncan clark, who happens to be writing a book about alibaba. thanks for joining us.ontender has entered the field of sms chat. that's next on "bloomberg west." ♪ emily: this is "bloomberg west." i'm emily chang. messaging apps are all the rage. facebook spent money on whatsapp. but now there's another one coming to market with a focus on business. cory: vapor chat has been live for four weeks and think of it as snap chat for business. joining me right now to talk about this is the ceo and founder. the messaging space is quite crowded, but this is intriguing, taking the relation of snap chat and the idea that them user can conjure -- can control the message. what is that bringing? guest: this supplies much more than businesses. the way people text is flawed. the second we send a message, we lose control over that message. if i text you right now, you can take that message and do anything you want. you can post a picture on facebook, copy the message, save it to your camera, whatever it may be. we created some innovation in that space and for the first time, users can

alibaba faces slowing growth in china. plus, they are spending more to develop their business overseas. shares of hotels and resorts are of this money. they are exploring strategic and financial alternatives to increase shareholder falla at star one. they are talking about the sale. starwood has hired bizarre to help. the ceo quit in february and starwood said they needed new leadership to speed up growth. overnight in baltimore, 2000 national guard troops and 1000 police officers cap to the streets calm for the most part after widespread looting and violence. police did use tear gas to break up a crowd of about 200 and they had ignored the 10:00 curfew. read well president obama said he may visit baltimore soon. the president was interviewed on the steve harvey radio show. >> i think a lot of assets out of where they need to be, which is white -- which is why these disturbances or national disasters, i usually try to let law enforcement or emergency responders do their work. once things have cleared up i think there is go

their target is alibaba and amazon.ng more than $3 billion after purchasing the app for more than $8 billion in 2008. honda has designed their first ever jet plane. it does not look like a civic. it made it first flight from japan, landing in tokyo. honda has put the jets' engines on top of the wings and they say it increases fuel efficiency by 15% while allowing more space in the cabin. they're waiting to get approval from the faa. it is planning deliveries later this year. americans still love dunkin' brands and domino's thanks to expanded menus. duncan cited the croissant donuts. domino's introduced chicken bites covered in chicken toppings. gross. whatever. shares of companies climbed. donuts. next week, tesla will make a push beyond the car business when they unveil batteries for homes and businesses. big businesses have signed up like the likes of walmart. how much do they rely on the proposed giga factory to build the batteries? his company create technologies that wirelessly charge electric cars. i asked him wha

there's a strategy that includes four shares of alibaba. you can also shorten yahoo japan and then you're left with a negative value for the core business. i don't know what it's worth. >> but i got to tell you it's worth more than that especially if you make an acquisition. >> the acquisitions they made so far, it's not clear they moved. >> they've been created in their cash management. >> they're saying in between protesters on track no evidence so far of bubbles. the european economy is broadening and strengthening. there's the opening bell down at the big board. it's the 14th year that starts today. oncology companies celebrating its ipo. we're going to talk to the kpaeb's ceo this morning. >> i see something positive happening. we go back to southern yesterday. it was such a huge disappointment. right now the cfs conference what's going on. they delivered. look at union pacific. we are beginning the makings of what a good rally would be. you get the airlines going, the rails going, j.p. hunt better than expected numbers yesterday from

alibaba is making a move to put the company's health care assets under one roof.e arte seeking professional care and using mobile gadgets to monitor their fitness. after the bell, we are moments away from that, and the streaming service has delivered positive results in the past four quarters, but can netflix keep the winning streak going? joining me now is "bloomberg west" and her large cory johnson, and an editor at robinson humphrey. robert, what is the number one thing you need to see from netflix? robert: first of all, thank you so much for having me. the first thing will be international paid subscribers. 2.4 million ads, we have a proprietary algorithm that thinks it will be higher than that, somewhere closer to 2.8 million. you can see the focus on domestic numbers looking for about 2.1 million ads. alix: what is the downside? what is the biggest risk facing investors right now, robert? robber: two quarters ago, use all the stocks tumble. international growth was not what people anticipated. last was stronger than anticipated, so seeing that continue is im

he unveiled plans to spin off the $40 billion stake in alibaba. investment would be worth $9 billion before taxes. it rose 1% after hours and today in europe they're down fractionally. back over to you. >> landon, thanks a lot. >> landon. >> should we do it again? >> landon. >> from landon to headlines. u.s. authorities are seeking extradition of a british trader for countryntributing to the flash crash. and perrigo rejects bid from mylan putting pressure on them to accept teva's take over offer. >> trading slightly mixed. somewhere in the region of half a percentage point on the chart. >> we're now down about 40 points in premarket trade. s&p 500 imlying a lower open as well by around 4 points. earnings will take center stage once again today. >> yeah, lunch is coming up. chipotle's first quarter profit rose 48% beating forecasts. revenues up 28%. that missed estimates as same store sales rose unexpected. they still see wage growth in the range of low single digit percent percentage wise this year. >> and yum brands first quarter profits beat pro

. >> alibaba is below what the ipo price was last year, twitter is below, you're now in the red for the in the san francisco bay area. >> jonathan bloom, abc 7 news. >>> and there is another local tech company in the spotlight tonight. according to bloomberg news, sales force has hired advisers to fend off a possible takeover bid. they didn't say who expressed interest but the former executive of oracle has a company formerly valued at $50 billion, making it the largest takeover ever. sales continued to climb after hours and rose 4%. >>> we have dramatic video to show you the disaster in nepal. it shows the moment the 7.8 quake struck near kathmandu you can see the area has many people and cars we're told the shaking lasted for about 60 seconds. and as the shaking got worse this happened. check that out right by your screen right there. the building crashed into the street missing a man pushing a cart by just meters. he survived but the death toll in nepal is now more than 5100. >>> a moment of joy in the middle of the disaster, rescue crews pulled a 4 month-old baby boy underneath the

. >> alibaba is below what the ipo price was last year, twitter is below, you're now in the red for thekholders in the san francisco bay area. >> jonathan bloom, abc 7 news. >>> and there is another local tech company in the spotlight tonight. according to bloomberg news, sales force has hired advisers to fend off a possible takeover bid. they didn't say who expressed interest but the former executive of oracle has a company formerly valued at $50 billion, making it the largest takeover ever. sales continued to climb after hours and rose 4%. >>> we have dramatic video to show you the disaster in nepal. it shows the moment the 7.8 quake struck near kathmandu you can see the area has many people and cars we're told the shaking lasted for about 60 seconds. and as the shaking got worse this happened. check that out right by your screen right there. the building crashed into the street missing a man pushing a cart by just meters. he survived but the death toll in nepal is now more than 5100. >>> a moment of joy in the middle of the disaster, rescue crews pulled a 4 month-old baby boy underne

has been like alibaba.h take on google when they and bing are basically half the search volume or half the search percentage as google is? google has its own problems. can't get out of its own way with antitrust matters. i don't see yahoo! making a great attempt attacking anything. cmg, nine years, the stock is up 1,500%. that's running out of gas a little bit. i wouldn't see where the bang for your buck is there. people have always pointed out valuation. that's really catching up to that story as well. >> we should mention shares off the lows. they were initially down 6%. now off only about 3%. let's have a quick look at amgen and yahoo! as well as we continue to look through the numbers. the calls could push the shares in a different direction than the initial reaction. amgen up 2.5%. meanwhile looking at yahoo! which on this apparent top lynn and bottom line miss is off about 1.7%. nicholas? >> right. i mean we're talking about whether or not yahoo! can do this with all this activist pressure. there was

alibaba on huge vol. on the other hand, yahoo! was up. up on very low volume. think based upon everything going on with a lot of these chinese internet names, rumors were swirling. >> let's get some unusual activity. pete is flagging the eem. >> we have seen so much paper recently in many of these different eetfs. we have seen india. and bgk. >> what is that? >> vanguard european. if you look at the eem, the paper was outrageous right out of the gate. they traded 125,000 options. 100,000 of those were actually on the call side. the focus was the may 44 calls. rolling up. we have seen a big number of. eem strong of late. they are look to go really break out to the up side. >> your final was epi. >> it was. >> so you like it? >> i'm getting more and more involved in many of those things. >> inovia, billions of to battle ebola. good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference. e*trade's bar code scanne

my take on the biggest names in tech including google twitter, alibaba, plus my one on one with the man behind one of the best performing stocks i know. it could continue that way. when "mat moneyd money" continues. stick with cramer. >> follow @jim cramer on twitter. send jim an e-mail to mad money at cnbc.com or give us a call at 1-800-743-cnbc. miss something in head to madmoney.cnbc.com. ♪ if you're looking for a car that drives you... ...and takes the wheel right from your very hands... ...this isn't that car. the first and only car with direct adaptive steering. ♪ the 328 horsepower q50 from infiniti. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. there's some facts about seaworld we'd like you to know. we don't collect killer whales from the wild. and haven't for 35 years. with th