here to talk about that and much more is dan schulman, kreismt off of paypal.a treat to have you in the studio. the market sold off your stock immediately after this announcement was made. what do you think they were interpreting it to mean? is that a misinterpretation? >> first of all, we had very strong results. our revenues grew 19.5% on an fx neutral basis to 2.65 billion, exceeding our guidance and annualist estimates. earnings were at the high end of our guidance. transactions were 1.4 billion on our platform. we added 19 million net new active accounts in the last year. we have 188 million people transacting 29 times a year, that's up from 26 a year ago on the paypal platform, so strong earnings. in addition to that, we also announced what we thought is a transformative deal with visa as well. i think investors were trying to interpret what that means. >> so one of the questions they were asking is, what does it mean that visa has exclusivity. how much volume does paypal have to do with visa in order for you to get paid for your part of the partnership.

paypal ceo dan schulman will be a guest on "squawk alley" on tuesday at 11:00 a.m. eastern.ntime markets are flat overall. do you want to mention chipotle? >> chipotle? >> we'll do it after a quick break. >> talk about it after that. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. announcer: are your children in the right car seat for their age and size? it may be too late to check when you're on the road. [blaring car horn and skidding] fortunately, you're on the couch. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash back