among the big names to watch comcast, conocophillips, mastercard, twitter, u.p.s. and verizon. the close, amazon, intel, starbucks and mattel >> among the biggest names to watch, facebook. shares rising on better than expected results julia boorstin has more. good morning to you. >> with over 2 billion active monthly users, facebook surprise the with user and advertising numbers. revenue grew 45% to 9.32 billion, with earnings growing 69% to $1.32 per share that was 19 cents higher than analysts expected. i spoke to cheryl sand derg abo sandberg about what drove those results. she pointed to instagram and is pleased can the success. >> people are using our processes to connect and provide community on mobile phones we also have 15 million businesses using business profiles on instagram. that joins our 0 million business pages on facebook those are places where people are connecting with each other but also businesses are connecting with the consumer >>> on the earnings call last night, mark zuckerberg reported on what will eventually drive the next leg of growth >> we're also w

people from conocophillips, walmart, bank of china chairman and also one of the state oil company leadersu i think ultimately is is the goal? what are they trying to get to and how will this help us here in the united states? >> well the chinese, they want more access to the u.s. market. they have got almost all the access they want. but they are -- nicole: really they have been bullying their trading partners for so many years. that is part of the platform we've seen from trump. >> yeah. on the other side of this, xi jinping, the chinese president, has been progressively closing off the chinese market because he believes it should be reserved for china's own state enterprises. we've seen made in china 2025 initiative, which is meant to close off 10 critical sectors. this is a very difficult conversation. we want more market access. the reason why all the companies are there but the chinese don't want to grant it to them. nicole: do you think quickly, ultimately there there will be historic shift in american policy on this overall? do you think by the end of this it will be a real change?

recent interview saying -- let's take a quick look at the oil company stocks exxonmobil, chevron, conocophillipsenergy stocks not doing better, first solar, sun parent, ending the day down. with me the found are of climate depot.com, marc morano. good to see you. people who disagree with you should just die? >> he went from actually last year he was bill nye the jail, the skeptics guy, he agreed with robert and john f. kennedy that skeptics should go to jail for blocking action on climate change, and now upped the ante, saying we should all die in order to advance the global warming agenda. i love the way he says i can guarantee you will die. he's guaranteeing everyone is going to die at some point. that's the science of bill nye. this is in line with the debate of intimidation and science, and bill nye is the leader of that now, unfortunately, and a big influence with young minds and that's why he's so confident he can convert the young people to climate action but having trouble with anyone his age and older because frankly they're wiser and experienced a lot so less susceptible to his propaga

you have stocks like hess, marathon, conocophillips and transocean among the best performers energy trying to climb back from being the worst performing sector in the first half of the year that does it for "squa"squawk oe street." let's go to the start of "squawk alley. back to you. >> thank you very much good morning it is 8:00 a.m at tesla headquarters. it's 11:00 a.m. on wall street and "squawk alley is live. ♪ ♪ >>> good monday morning. welcome to "squawk alley." we're at post nine john fort is live at one market in san francisco what a morning, guys, for the first day of the second half of the year not only is the dow set a record high, transports setting the first record high since the beginning of march but you have the ten year at 234, above levels that they said were critical. what does this say >> the dow, the transports, financials, it's coming to some degree at the expense of the big cap techs. seems like a first of the month effect june if you remember, june 1st, market was up .75% you have the 2430 in the s&p 500. you closed june below. that it seems like a rush of money. pe

you have stocks like hess, marathon, conocophillips and transocean among the best performers energy trying from being the worst performing sector in the first half of the year that does it for "squa"squawk oe street." let's go to the start of "squawk alley. back to you. >> thank you very much good morning it is 8:00 a.m at tesla headquarters. it's 11:00 a.m. on wall street and "squawk alley is live. ♪ ♪

good reports overall for mastercard as well big oil is starting to report, royal dutch shell and conocophillips were better than expected the big story here, capital spending is dropping for conoco. i expect exxon and chevron will probably be telling us why is this happening, because oil is stuck below $50, everyone thought it would be $60 by now again, exxon, chevron, big story tomorrow finally, here we are, folks, we're just about at the halfway. let's not quibble, 48% on the s&p, earnings up 10.7%, earnings up 5%, that's why the markets continue to be up, earnings for the third quarter also still strong and that rally holding in there. back to you. >> should investors fear this seemingly calm and inviting market let's bring in the ceo at hardland financial and the global chief investment strategist at citi private bank. nancy, is the market too perfect to believe the vix is nothing, everyday we have new records, profits are great, interest rates are low and not going much higher in i time soon. it feels too perfect. >> good afternoon, tyler i would say this one of the things holding this mar