brian wieser is optimistic. let's talk about what's been going on here today. tive? brian: it has come down from where we or anybody else thought it would have been this time last year. they are experiencing some deceleration. david: how much change has happened since jack dorsey has gotten back to the helm? have we seen the level of changes you would expect? brian: from the outside looking in, it does not look like a huge amount of changes. turnover has slowed down. stability.ere is twitterhe thing about that most people don't understand or appreciate. the stability in the commercial bain,zation under adam they are still doing what they've always been doing. of scale of one trajectory, not trajectory in general. --is still growing, not just just not growing as quickly. david: is it more attractive than facebook or instagram? brian: it is different. twitter is to facebook what radio is to television. mean there isn't some interchangeability, but for the most part, they are different. they serve different purposes. david: we've talked a lot about user growth. how

tom: thank you so much, on facebook with brian wieser.n this is the rhythmic chart of facebook. this looks like their revenue billed. do you you assume this is like amazon? >> between google and facebook, they take the bulk of the growth of the market for digital advertising and protect it. international expansion and that supports that revenue growth. tom: what acquisitions do you see out there? is facebook acquisitive question ? >> selectively. instagram worked out well. make a handfulo of big acquisitions but mostly they are not overly acquisitive. you see a lot of act tivoli in the smaller advertising tech marketing which is more important. these are smaller acquisitions. francine: is it crazy to think that facebook could one way -- one date -- one day be a bank? the nextapture generation of consumption that we look at. will regulation be too stringent? >> regulation will be an issue but anything is possible. that's a long way removed from where they are today. i don't think they see themselves as being a seller of advertising which i

has a brian wieser, who buy rating on the stock. this might be the mother of all by ratings.0, 20, 30% returns. amazonlyst raised his price target to $1000, representing a 47% climb from where the stock closed on monday. is a bloomberg stocks report, julie verhage. amazon may be trading at an all-time high today one analyst says it can go up to $1000, the highest price target on wall street. i believe jpmorgan had the highest before so this is even substantially higher than that. buty: surely some llish sentiment here. what is behind this call? julie v.: wall street in general is bullish on amazon. a lot of different things the margins are getting better. amazon west services from something we don't see that much , is having substantial growth. look in the mailroom and your apartment, you see the amazon prime boxes all over the time. prime has continued to expand. amazon at $1000 from what does that mean for the company? how many trillions of dollars are we talking about here? julie v.: you look at the investment conference last week and a popular vc said he thinks it could b

david: brian wieser thank you for being with us. schlosstein of evercore will be staying with us. megan: ted cruz drops out and hillary clinton takes a bruising and indiana. ♪ david: this is "bloomberg ." coming up, i will sit down with les moonves. that is 11:00 eastern time. you are watching "bloomberg ." big changes on the way or apple. -- the usere music interface will be changed to make it more intuitive. a warning from the air france klm group. costs,rop in fuel but they say it will be harder to maintain ticket prices. inbev claimsh weakness in brazil -- they are ofthe middle of a takeover miller. megan: a surprise decision by ted cruz to bow out of the presidential race. john heilemann is with us. ralph schlosstein still with us for this hour. what are your key takeaways from last night? john: i thought back to 2008 when tim russert when on nbc and we know barack obama will be the democratic nominee. no one said that last night about donald trump but it was obviously clear. 1237on a path to get to delegates and cruz m