ashley webster in the newsroom. know if you have the answer, it has been wild to watch after-hours? reporter: everybody wants to know, dave because there is is interesting. by all accounts a blockbuster earnings report. revenue up 31%. profits just blowing it out of the park. and you were talking about the web services, that is their fastest growing division within amazon, coming in 2.89 billion, that is better than expected. only thing a little odd, and i don't know whether this is accounting for some of the volatility, but the profit guidance has a ridiculously wide range. it goes from 50 million, to 650 million. i never seen anything quite with such a huge range. that is kind of strange. at first i thought it was a misprint but is absolutely says, operating income between 50 and 650 million as they look forward. so, boy, they're hedging their bets there, aren't they? david: they sure are. by the way, profit they were expecting 480% increase in profits over same period last year. actually closer to 600% right now,

our own ashley webster has the details on all this. the plan for the company right now? >> this thing has drug on for months and months, but as expected, verizon the winner in all this, as you say, paying $4.83 billion for yahoo!. so what does yahoo! get in they get more than a billion active monthly users. it is expected that they will merge yahoo!'s core internet assets with aol which they bought for more than $4 billion last year. so what they're trying to do is increase their digital footprint print, and that will be attractive to advertisers. you throw in their wireless customers, verizon that is, and they're going to have a lot of data that could be very attractive to potential advertisers. as for yahoo!, okay, they still have a major stake in alibaba, the chinese e-commerce giant which is really the golden goose. they also have a patent portfolio that's worth over a billion. they have yahoo! so yahoo!, they become a whole different entity. and, trish, what happens to marissa mayer now? we know she may have a golden parachute of

ashley webster has numbers from the newsroom. what do you have there? >> melissa, earnings per share coming in at 53 -- 59 cents. the estimate was 53 cents. revenue coming in where expected, right around 13.53 billion. the estimate, 13.54. you can call that pretty much hitting estimates but beating on earnings. this is a company in transition. intel back in april announcing it was going to cut its workforce by some 11%. 12,000 people as it transitions from the declining pc market and chips it provides to that into the cloud. we hear this from so many tech companies. intel says that reorganization, that restructuring if you like, they say solidly on track. they call it the internet of things. and that is basically anything with an on and off switch that can be perhaps used as in the tech world and connected to the internet. that is where intel's future is, whether it's home thermostat can be altered from outside of the home to jet engines, to you name it, to cars. intel sees its products, its chips being a part of that future and it's making that transit

ashley webster with the details. hley: yeah, charles, brand new development for the first time, four cases of the zika virus have been confirmed in south florida and it is believed according to florida health officials they came from mosquitoes inside the continental united states. first time that's happened. one woman and three men. the broward county of south florida, in fact, they've been able to boil it down to an area just north of downtown miami, about a 1-air mile what -- area, there are over 1600 zika infections reported in the u.s., most contracted by people who travel outside the united states. south florida officials are urging pregnant women to contact their doctors' offices. usually this virus just leads to mild illness of flu-like symptoms but it can be for pregnant women lead to birth defects as we have seen in other countries and notably brazil. health officials say that we will not be seeing widespread outbreaks of the zika virus. at least that's what they are saying. there's no vaccine for this, the

stuart: ashley webster is back with you after an extended period of working overseas. w, you've just come back. this is america. ashley: to your point, i've never seen anything like it, what's going on. you wonder what's going to happen next. you need a leader who is strong to really does reach out to all sides of the issue and i don't think that tammy's point that he's doing this. stuart: detective loomis saying that the president had blood on his hands, he's going to join our program about 9:45 eastern. we'll ask him about the comments he made about the president and the call on governor kasich to suspend open carry. and turkey, the nice attack, and at home, police officers ambushed. that's a negative news back drop for wall street. wall street is shrugging it off. it may be that america is the only place that your money is safe. it looks like a slightly higher open for stocks this monday morning. same story with the s&p 500. about 100 of those companies report their profits this week and again, it may be that the profit decline is over. we'll see, but investors like

ashley webster in the newsroom. ashley, what are the numbers? reporter: tell you, david, earnings per share coming in adjusted 49 cents per share. that is exactly where it was supposed to be. revenue, 4.2 billion. slight miss. same-store sales one of the key components they look at this type of report. starbucks made a big push in china. also looking towards india. that sound healthy. 4% rise in same-store sales in the u.s. okay, perhaps on low end of the estimates. same-store sales was up 6% in the previous quarter. a little down, looking ahead, perhaps, the numbers not quite where expectations why were. as a result starbucks as you can see, trading down four to 5% in after-hours. okay, miss on revenue. met expectations on earnings but some of these numbers are a little soft. waiting to get into the loyalty program, that kind of stuff which has proven to be a good source of revenue for them. mobile payments as well but down 5% now on these results. david: that's bad down right after the closing bell. it is $3 loss. kevin, this company was going

i'll tell you ashley webster liz mcdonald and start with netflix mike murphy you say buy that thing at your case. >> absolutely. netflix is a growth company so subscriber growth wasn't what market wanted to stock sells 13 on the news but they raised prices stuart and they can still pull that lever e again if they need to. people who are using netflix won't leave it but stay there so netflix can increase revenue, increase earnings per share as they have that great buying opportunity. >> buy on the dip. >> tom, are you buying on this dip in netflix? >> i won't be accused of plagiarism, will i? i won't be, i think that as i've said all along netflix is really the blockbuster of 2016 but taken over by an apple or something like that. if somebody wants to come after them, they will get drilled. >> one guy who says don't touch it with a ten foot pole. you going to break the tie? which way you go? >> not touching it. liz and i talk about it. thing that concerns me is low switching cost you were saying their content. there's a fight for content it doesn't take much to switch to another guy who

65,000 syrian into the united states joining us with more is a former counterterrorism analyst and ashley websterthere is another story surfaced today, a woman there was there were 3 daughters, the youngest age 8, they were stabbed by a moroccan man, allegedly in his view too scantily clothed. they have not said whether it is terrorism yet but inferred something from his reason for the stabbing. it seems the world has spiraled out of control. why would she bring more people here? >> the ask attack in germany pledged allegiance to isis, the video on the internet, and you no longer need to go, 18 years old, don't need to go to a mosque to get radicalized, isis has a sophisticated media department putting out propaganda videos, saying i'm a soldier of the islamic state and talking about strength in libya and iraq and elsewhere and the scary thing is this type of homegrown terrorism whether from a migrant or citizen of the country, being radicalized in ways that are challenging to detect, by watching this on twitter. trish: i want to talk some more on that because twitter and the rest of them should

i'm ashley webster this afternoon for trish regan and welcome everybody to the intelligencereport. munich police expecting multiple fatalities and believe more than one shooter. there's no word on whether that is the case or any possible motive but it is a fast-developing story. our cheryl casone has the very latest, cheryl. cheryl: yeah, ashley, the reports started about an hour ago coming owl of munich, germany, reports of multiple victims, multiple-shooting incident. the olympia shopping center in downtown munich. all we are getting is that the shooting began at a mcdonalds inside of the mall just after 6:00 p.m. local time in germany. police have confirmed three dead. so police confirming three dead. reports as many 15 dead. sky newses our partners in london, ashley, are saying that there's report of second shooting. they've got eyewitnesses saying that there's a second shoot target marion plat stations, you have two different locations in munich. the train stags and shopping mall as well. it's a large mall in munich. it has two levels, 135 stores. the police were talking to ne

joining me for analysis fox news analyst kt mcfarland and also our own ashley webster.dn't we know more about this? >> you know, it's hard to tell. i think what we do know is that -- whom i have met, he is one nasty piece of work, what he's trying to do is consolidate power, over the last years he has taken a lot of the independents, the courts, the parliament, any kind of opposition and now the last few is to take the military. i think he's looking at this whether it was some, say, that maybe he hoped it would happen. but he's taking this opportunity, and he's going to consolidate power. now, what i worry about is a he's a nato ally and b he's an essential element if we're going to take the fight to the east and go after the radical islam region because he's going in a different direction. he's not going in the direction of democracy and secular government, he's going in the direction of a lining -- trish: well, and -- it's one of the reasons, ashley, i wondered if we have any role in this in any way, shape, or form only because he's not -- has not shown himself to be

look who is here, ashley webster, elizabeth mcdonald. larry levin, lenore hawkins.t seems to me stocks just want to go up. what do you say? >> i say there's not a whole lot of places to go right now. we've got an emerging crisis in the european banks, no one is paying attention to when you look at rising default rates and that's going to come here and people ought to be careful. stuart: do you get the same feeling, that the market just wants to go up? >> it does and as we talked about last week, stuart. janet yellen is the person to talk about that. the interest rates are going higher and there are issues around the world and i don't think the market cares too much. stuart: i don't want to cast a shadow over the market, but i have to ask, what will stop the rally. lenore, you're first. >> the rising dollar. it's starting to consolidate. as that strengthens, it's going to be a major head wind of corporate earnings. we're in the fifth consecutive quarter of shrinking earnings ap a stronger dollar is not going to help that and the stronger dollar would tip-off what we'

it's all about ashley webster, and yesterday was stuart's first fourth of july as an american citizencourse. ashley: such a big day for him, he's going to take a break, dagen, we understand. wave the american flag. i'm ashley webster in for stuart varney. big week for your money and politics, when isn't it. and president obama hitting the campaign trail with hillary today in north carolina. they will arrive together on air force one. we have a question, who foots the bill? the hillary camp will-- clamp, will use the taxpayer-- we're going to be paying part of that. the weekend wasn't without controversy, hillary interviewed by the fbi on saturday and how about this? clinton using burn bags to destroy documents while secretary of state. still, she leads in the polls.

it's all about ashley webster, and yesterday was stuart's first fourth of july as an american citizen. so we're excited about that and we're excited for ashley of course. ashley: such a big day for him, he's going to take a break, dagen, we understand. wave the american flag. i'm ashley webster in for stuart varney. big week for your money and politics, when isn't it. and president obama hitting the campaign trail with hillary today in north carolina. they will arrive together on air force one. we have a question, who foots the bill? the hillary camp will-- clamp, will use the taxpayer-- we're going to be paying part of that. the weekend wasn't without controversy, hillary interviewed by the fbi on saturday and how about this? clinton using burn bags to destroy documents while secretary of state. still, she leads in the polls. also, happening this week, house republicans are set to vote on the no fly, no buy gun regulation and democrats planning for disruptions on capitol hill this afternoon. here we go again. "varney & company" with no disruptions starts right now. ♪ all right, let's

ashley webster with the latest. ashley, i've got to tell you. what bortz me is every time the bank of england opens their mouth, it sounds like he does more carnage than anything else. are they trying to make this a worst-case scenario? >> well, no, but they are, charles, to your point last time he spoke they basically said even though we are here to provide whatever the system needs, whatever the banks need, et cetera, et cetera. he also said in the same breath that the economy what we thought would happen in the event of an exit vote, all of it is crystallizing. it's exactly what we thought, and that spooked the market. they're, like, uh-oh all the dire predictions of armageddon, the bank of england is saying it is kind of happening but don't worry we've got you covered. and of course that's a double negative for a message, isn't it? and i think the markets are reacting to that. charles: yeah, double negative message and messenger if you will. >> yes. charles: but speaking of that, the messengers of the leave campaign, they're out. i don't und

i'm ashley webster this afternoon for trish regan and welcome everybody to the intelligencereport.ies and believe more than one shooter. there's no word on whether that is the case or any possible motive but it is a fast-developing story. our cheryl casone has the very latest, cheryl. cheryl: yeah, ashley, the reports started about an hour ago coming owl of munich, germany, reports of multiple victims, multiple-shooting incident. the olympia shopping center in downtown munich. all we are getting is that the shooting began at a mcdonalds

ashley webster, liz mcdonald and georgia, to you first, you went to the third hour.ut cheap money, low interest rates and the first two quarters of the here, corporate earnings met their projections and if that continues we will see a robust market. charles: know big pullback. >> no, unless something happens where we can't foretell. it looks pretty buoyant. stuart: does this rally you are looking at on-screen have anything to do with donald trump? >> i would love to say it did but it doesn't. not anything to do with donald trump. stuart: donald trump has a great taxcutting plan. if he becomes president, stimulates the economy and up goes the market. >> that all makes sense but it does have anything to do with this market? no. stuart: no? all right. senator ted cruz will speak at the rnc convention tonight. trump's campaign manager paul manafort say he will look at the speech before ted cruz deliver that. katrina pearson is with us, trump national spokesman. there was some doubt whether you would be able to see the ted cruz script, now we understand manafort will take

thank you, have a great day everybody, "varney & company," ashley webster is here for stuart. ashley: stuart is out all week, he deserves it. we're looking for a triple digit lower, deutsche barrick using the r-word, recession. they say there's a 50% chance of it. here is ythe treasuries, the yield on a 10-year bond at a record low, 1.35%. remarkable. german and japanese bonds now in negative territory and that means you loan the government a dollar, you get less than a dollar in return. that's how safety or flight to safety works. willing to pay for it. more problems, meanwhile, for tesla. for the second time in a week we have a report of a car on autopilot crashing. that stock will open lower this morning. and don't forget, no, we did not forget about the hillary clinton bombshell. no federal charges, but the e-mail scandal will continue to plague her campaign. we have every angle covered for you. "varney & company" about to begin. ♪ >> nothing that i sent or received was marked classified and nothing has been demonstrated to contradict that. >> seven e-mail chains concerned

thank you, have a great day everybody, "varney & company," ashley webster is here for stuart. oking for a triple digit lower, deutsche barrick using the r-word, recession. they say there's a 50% chance of it. here is ythe treasuries, the yield on a 10-year bond at a record low, 1.35%. remarkable. german and japanese bonds now in negative territory and that means you loan the government a dollar, you get less than a dollar in return. that's how safety or flight to safety works. willing to pay for it.

ashley webster, liz macdonald. john lonski and keith fitz-gerald.rican tech blowing away the competition. this is where the money is going in the stock market? >> absolutely, this is all about innovation and creativity. for the doom and gloom in the headlines, we've got creativity resilience and the best creative brains on the planet and i love seeing this happen. stuart: hold on, keith, would you buy these big techs? would you buy amazon at 760-- . you would? >> you bet i would, stuart. the implication is these are all-time highs, my goodness, they might fall. great companies continue to grow and these are all about the future, the technology in the world has got to park its wash somewhere and based on growth. i have no problem recommending any of those companies. stuart: john lonski is with us, about you buy alphabet, google, if you were buying stock-- >> as long as they maintain market power. these are the dominant forces in the marketplace. amazon is sucking up the sales from other retailers. who knows how much higher amazon stock will go. stuar

ashley webster, listening donald comment keith, all with us this morning.s than 500 points away from dowd 19,000. when do we get there? >> that is happening this is a probability of being elected president. exactly the same as the market wasn't to fascinate or the collapse of the market corresponded with the increasing probability of barack obama becoming president. my view is that trump wins and if trump continues to the polls in the prospects, you will see the number broken very quickly. stuart: we have seen a postconvention balance with donald trump did that's especially amongst independent. key states, when you think will get to 19,000? >> respectfully disagree. i get about until bankers if they've got their hands in the cookie jar. dominion has got to be we are healed to stimulate the economy. >> 19 k. next week for different reasons. scott chalabi, you are the dividing vote here, the decisive vote. >> i will stay with art laffer with art laffer. maybe catch up the charm him i'll take 20 to 30 days if we go there because we are setting an all-time reco

who is with us this morning, ashley webster, liz mcdonald and market watcher and trump guy steve cortezwe are waiting for donald trump to speak and he is about to start speaking and you will hear from him. last night's democrat convention. i say it is now a socialist party and i'm sure a lot of our people are going to agree with that starting with todd horowitz. they are socialists. >> 100% socialists. i'm going to stop working until next year because i can't take it anymore. stuart: what are you saying? that was garbled, say it again. >> when they start to raise i'm going to stop working and wait till next year to reset it. >> plain and simple english. is this the party of socialism? >> yes. look at what they said yesterday. paul simon spoke of this bridge over troubled waters, socialism is causing the troubled waters. if they think they are bridge by thrusting socialist theories on us they are wrong. look at social programs, hillary clinton is not going to eliminate social programs. if nothing else she is going to pump more money into them to try to get them successful. stuart: big go

ashley webster, liz mcdonald, larry levin, shah galani and i want to talk about facebook, start withshah. the stock at 127, where from here? >> nowhere, but higher. the company is incredible. the mobile ad space is getting larger, 1.7 billion monthly users. this is a quarter of the population of the planet and half the people on the internet are on facebook. so there's nowhere to go for this company, but up. i think we'll probably see this. stuart: larry, you're a commodity guy. your opinion on facebook at 127.89. >> you've got to buy it on the high. and to be honest they haven't gotten deep into virtual reality and that's is with oculus and just getting started with that. stuart: they've got the oculus wrap around. ashley: virtual reality. stuart: right now the top most valuable companies in america are all technology companies. there's a switch for you. we've got apple, google, microsoft and facebook, those are the great american innovators and they're all american. look at them. all of them up a bit more today. those are the most valuable companies in the united states of america,

twitter down, amazon and oh, microsoft is almost at 56, ashley webster is here and scott schedulety and altogether now. donald trump says we need law and order to create prosperity. there can be no prosperity without law and order scott shellady to you first, what do you say to that. >> on the other side, armageddon and a great economy? i don't think that can happen. you have to have law and order and rules in place and yes, you can follow through an economy. armageddon doesn't spur anything except gun stocks, maybe. stuart: and defense. law and order? >> it's not only law and order in terms of reducing the violence, but cleaning up and making better economically the inner cities. it's the enforcement of contract law. remember what the obama administration did to chrysler seven or eight years and flipped the equity back to the union. we're going back to more precedented structure, it's going to be easier to get prosperity, at least deeper into the society. stuart: can't be worse than we are now-- that's not true, can't get worse than we are now. you know where i'm coming from. i think e

it's not exactly the webster ratio, but it's pretty close. ashley: it's close. stuart: it's close.ean if we go down to 41.99 and we're falling rapidly down 2% at the moment? if we get below 40, watch what's going to happen to the stock market. it's not going to be a happy market. liz: it's going to slide around those levels. so can it ever break above 50 again? that's a debate in the oil pits. stuart: it is. because you've got this vast glut of oil, and we don't know -- ashley: we don't know about i i. stuart: that's right. so we're back to that same story. oil down, stocks under pressure, and the price of gasoline is falling 1 cent per gallon per day. yes, we are still waiting for donald trump. that's the backdrop here. that's the podium. we want him to appear soon because we're waiting for him. ashley: yeah,. stuart: he's going to make a speech, and he's going to go off prompter i believe and answer some questions. i want to bring in zuhdi jasser back again. and, again, let me introduce you, judy, as a fine upstanding american moderate muslim. i want to know how you feel -- and p