i'm taking part in a few minutes with the ceo of twitter, dick costolo. this morning squawk on the tweet. who should we nominate for the next challenge? tweet us. we'll get your responses later on this hour. ♪ ♪ developers are all about speeds and feeds. it's all about latency. it's all about how fast does it run. i often sit with enterprises who ask me about how mission critical and how's the performance of the cloud. and i tell them, if you can make gamers happy, you can make anybody happy. speed is made with the ibm cloud. the ibm cloud is the cloud for business. >>> dow's up 109. to rick santelli in chicago. rick? >> hello there, carl. well, you know, we always wonder exactly why yields are stubbornly low, and let's not even talk about the adjustment from may of last year, where the market really did adjust for the end of quantitative easing, and maybe there's a similar adjustment or more similar adjustments based on the end of zero interest rate policy. but we had some significant clues today, because we had a retail sales number that was pretty flat

last night, costolo, oh, linkedin. i'm going to e-mail regina, my executive producer, i said, all right, bringing in the worst suit that cost the most and put jeans on after. >> there you go. >> can't wait for the footage. >> you and the judge got it going. congratulations. >> the mad dash, and last look at the premarket, "squawk on the street" is back in a minute. >>> i accept the challenge! ount? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates. ugh. heartburn. did someone say burn? try alka seltzer reliefchews. they work just as fast and taste better than tums smoothies assorted fruit. mmm. amazing. yeah, i get that a lot. alka seltzer heartburn reliefchews. enjoy the relief. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% o

costolo good sport. responded within i don't know, ten minutes.he would do it and challenge our own carl quintanilla do to itacy well who just stepped um to the plate outside the new york stock exchange. let's take a look at carl. >> i accept the challenge. >> yeah, carl ap good sport. i kind of roemped him into that pap great sport. carl, also making his own nominations for the challenge, and get this. these are good ones. he's asking -- warren buffett -- john legere, from t-mobile, obviously and bezos. jeff bezos. now, those are great ones. >> they are. >> one of the three will take it, is my prediction i. think two take it. >> legere will take it. t-mobile that guy will do -- >> the wild card is bezos. >> you would think bezos would deliver on the pledge in the same day? >> within two days. >> had a drone drop the water -- >> a prime customer i. know where you're going with that. i can't wait to see if buffett does it. awesome. legere, he'll do it. of course. >> yeah. >> he may do it on the set. >> may have to change. doesn't have to be always

five minutes for costolo to accept the challenge.re it is. he says dick costolo has already accepted our challenge. i hope zuck does as well. this has become a social media spur the something that we think about, unfortunately more often than we'd like to. >> it's a wonderful cause, and i think all reporters should engage in it and have their producer deliver ice over their heads. how does that -- >> that sounds good. i'm out. i'm done. i still have to change my shirt. >> and meg tirrell did it. >> and that's how it all started. meg was up at biogen in massachusetts. they did it with the entire als team. kudos to meg as well. she deserves a lot of credit for doing it herself and the good folks add biogen for doing it. >> i hope cnbc wardrobe has sent her a change up there. >> they delivered me a dry golf shirt. >> mr. zuckerberg we're waiting, we're available. we've all got facebook pages, would love to hear from you. >> we'll see what he responds, if anything. >> fantastic. thank you very much. >>> orange juice prices spiking this w

we have twitter's costolo. >> at&t's ralph day la vagde la well. most say contradicted money. could be getting there. we'll see. >> henry, put a word in with bezos? hard to reach. >> absolutely. chambers is on later. ask him, and others. >> we certainly will. ask everyone we can get our hands on. for all ceos, a call to you. $100,000 from john legere, should you participate. >> henry, good to see you. >> great to be here. >> business insider. >>> the president announced he will speak at 12:15 p.m., in about 45 minutes. in edgartown, massachusetts. not a lot of detail what he'll say what the statement is about, but we'll certainly when he speaks at a quarter after noon eastern time we'll bring that to you live. >>> when we come back, take my wife's account, please. the story on netflix and it's big move into stand-up comedy. >>> plus, yahoo! a major new initiative with the help of facebook and google. yahoo! will tell us what that's all about in just a minute. if energy could come from anything?. or if power could go anywhere? or if light could seek out the dark? what would hap

twitter is ceo dick costolo says his company is suspending user accounts that share imagery of americanournalist james foley's execution. a video of the killing was posted on youtube as well but later removed. the islamic state is claiming responsibility for foley's death in rehab tech -- in retaliation for america's involvement in iraq. uber announced it is making its developersle to all including united airlines, opentable, hyatt, starbucks and all the users will be able to request an uber without leaving their app on the heels of uber hiring president obama's former campaign manager, david plouffe. square has more cash to give away. victory park capital has made an investment to expand its cash advance for graham, square capital -- it's cash advance program. twitter is taking down images and video of the beheading of u.s. journalist james foley. by islamic militants dick costolo said we have been and are actively suspending accounts as we discover them related to this graphic imagery. a video of the execution was posted on youtube but was taken them hours later. this is the latest ex

costolo responded on twitter, doing only if carl quintanilla got in the mix.that later today to take the challenge with dick costolo and vine it as well. >> i want to be there live. >> i think we'll be outside the exchange unless we do ton the floor, in which case all bets are off. >> that will make a mess. >> are you going to change? >> we'll see. >> that's a lot. i'm so excited about this, the way the judge got it going, excited that dick watches the show, and you've involved with him. this is all really good, happening so quickly, and it is good. awareness is good, lou gehrig, great speech. read that speech, by the way. >> amazing the donations, even in the past couple days, als association is doing a million dollars in donations a day over the last 48 hours as a result of all this awareness. >> there's biotech companies working on it. so tough. >> and sclerosis. >> very tough. charles river labs were on here, do 1-800-labrat, do so much testing, and ebola, these drugs, it's just very hard. i mean, the major pharmas are not doing a lot of great work, but it

dick costolo reported earnings since twitter went public in a big splashy i.p.o. last year but it was the first earnings report that didn't send stocks lemonade so that's a good thing you know.

dick costolo reported earnings since twitter went public in a big splashy i.p.o. last year but it was the first earnings report that didn't send its stock lemonade so that's a good thing now costello said revenue for the second quarter rose one hundred twenty four percent over last year to three hundred twelve million dollars which is well above wall street's expectations of a two hundred eighty three million in sales timeline views which is a measure of how much time users. actually spend on the site and similar to the eyeball counts metric by fifteen percent over last year with a count of two hundred seventy one million monthly active users now let's note here that twitter use the nonstandard accounting once again and very fashionable in the tech industry to report a two cent per share adjusted profit that's the number that wall street uses and that you hear in the news according to generally accepted accounting principles twitter lost one hundred forty four point six million dollars or twenty four cents a share more than triple the figure from two thousand and

twitter ceo dick costolo says they are suspending accounts that show imagery of american journalist james foley and execution. a video was posted on youtube but later removed. this is the latest change from the open internet policies many have embraced for years. uber is opening the app to developers. it to now be integrated into other applications allowing users to order a car without leaving the app. we will be talking about this news. first to the lead, hewlett-packard ceo getting a boost as she works to turn around the pc maker. the company reported record revenue $27.6 billion, up 1%. shares are falling in after-hours trading. however, the positive sales numbers could the sign that the turnaround plan is starting to have an impact since meg whitman took over. she has focused on bringing new products to market like water-cool the servers and 3-d printers. joining us is our bloomberg intelligence analyst anand srinivasan. thank you so much for joining us. are these numbers good? not so good? >> it is rather unremarkable. large companies particularly in tech when there is a turnaround,

. >> and dick costolo not the one to call the times -- >> i'm going to guess that is a brilliant forte>> speaking of valuations, kayla has new information on alibaba a. new filing with the most recent quarter's earnings numbers. revenue growth up 46% compared to a year ago. profits nearly tripled from the same quarter a year ago. noting growth is starting to slow down compared to 55 revenue growth for all of 2013. a number investors will look at when that road show still eyeing a start next week, but that's not firmed up. that will likely happen in the next couple days, but the most interesting thing to me as we're all thevaguati valuations. underwriting restricted employees over the last few years. a little bit of a chart on this. last september, a year ago, less than a year ago, fair value was $20.25 a share. as of august 27th that is $59 a sha share. that more than doubled, nearly tripled where share was a year ago. obviously, roger, a behemoth in e-commerce space and the china asset management space. a company that touches so many different lines of business. when you look at escal

twitter ceo dick costolo says they are suspending accounts that show imagery of american journalist jamesand execution. a video was posted on youtube but later removed. this is the latest change from the open interneli

the ceo dick costolo is tweeting that twitter is suspending accounts as we discover them. vanguard of fear, as nick puts for the publicity machine behind isis. >>> time for a quick check of the market. european stocks are down. asian stocks, mixed. futures pointing lower. a slight pause on what has been a steady climb. the nasdaq at a 14-year high. the s&p 500 just a few points away from a record. and the dow back near 17,000 driven by corporate earnings and low interest rates. the federal reserve will release minutes from his july meeting later today. of course, pay close attention to any hit on a time line to raise interest rates. >>> breaking news overnight. protests in ferguson, missouri, turning tense but calm. we've got the new video ahead. >>> plus, severe storms flooding phoenix. look at these dramatic rescues what happen and is is it over? indra petersons joins us next. l moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the l

costolo will be taking the challenge today in fact on the halftime show about 12:15.e will do it and post-it to vine. >> oh. >> we will check that out after the fact. i got to give him credit. he accepted the calgary been 10 to 1515 minutes. >> way to go. >> of the gauntlet sort of being tossed. >> you didn't hear anything on facebook or off? >> not that i know of. now it turns out governor christie of the great state of new jersey took the ice bucket challenge as well. he challenged zuckerberg and cory booker as well. will is the governor. hess two schern and jimmy fallon also challenged. with all do due respect to the governor the challenge was made, there is nobody in the world. i'm surprised. >> the governor probably got the idea from you. i would think so, right? >> what about? i don't care. i'd rather have jessie eisenberg do the challenge anyway. >> i was looking for a more original idea. >> would you take jessie eisenberg? >> yes. >> who in my view is a better park zuckerberg than mark zuckerberg. i would take that. >> before we run out of time? >> i don't kno