, do your -- estee lauder, dior.way that it is viewed, it is doing pretty well. vonnie: nice to be spoken of in that category. the stock up 44.5% year-to-date. that is emma chandra with our stock of the hour. bloomberg's erik schatzker is at speakc headquarters to to the ceo joey levin. erik: thanks very much. iac is unusual animal. a $20 billion publicly traded incubator for companies, road by -- companies, run by joey levin. great to see you. the question which we've entertained before and which everyone continues to ask is what is your next trick? this is a company many people startedeffectively --w, match, tender, vimeo der, vimeo., tin where do you go next? joey: our existing businesses i think still have a lot of runway, and that is something we will continue to invest into, but we are planting seeds. we have been for a while. we continue to plant seeds in new areas. one i am really excited about is the temp labor marketplace, matching hourly workers with jobs. there's this notion in the future of 1-click hirin

. >> shipping to staples has been a monster month for the sector led by names like estee lauder, kraft heinz, campbell soup, costco all up double digits in june but as a group helps push the market to all-time highs, jim cramer isn't sure if surging staple sectors is good news. take a listen. >> now, a lot of the stocks that are going up in this particular leg of the market are the ones go up when we're about to go into recession the stocks leading the rally are procter & gamble procter & gamble does not go up when the economy's on fire >> what do you think of p & g? >> listen, it was a great discussion by jim in favor this morning. i was watching that and i immediately started looking at procter & gamble this is a, you know, a stock that we know that investors have kind of just -- kind of just, i don't know, just run into this thing, you know. it's up 10% over the last month alone, but it's up 21% on the year it's up 58% from its 2018 52-week lows here, and here is a stock that's trading at record-high multiples, i mean decades-long it's trading about 26 times trailing, about 23 times

fliers are willing to splurge duty free and other travel retail stores rose around 9% in 2018 estee lauderated more from airports globally than u.s. department stores for the first time last year you really notice this as newark all the time there's lots of nice outlets. >> extremely high end. malls, the traffic, is dying out and so where is traffic strong >> go where the people are. >> airport mall. you got the time and not paying taxes traveling internationally. could save you a lot of money on a gucci briefcase. >> i'm a backpack guy. >>> elon musk might be done with twitter, tweeting that he deleted the account just after changing the username to daddy preponderate come for father's day. following the notorious funding secured tweet, as of now though, the account is still active. still on there. >> i left twitter sometime ago because i didn't enjoy it. i think he finds it hard. >> i think that this is the ultimate joke by elon musk to tweet that he's deleted his twitter account. if you deleted your account you won't announce it on twitter. >> you delete it done. >> poof, it is gone. we

i'm very close to estee lauder they swear by these guys mary is amazing. i say ulta is good i don't want anybody to sell it. by the way, they have the best loyalty program of any company on earth i like ulta. thank you very much, amanda. >>> yes, sir >> booyah, jim >> booyah. >> my name is todd i teach a bunch of great middle school students in lud low, massachusetts. >> fantastic >> they're looking for a way to make money game stop used to be that way, but with game extremesing coming online now, what are your thoughts [ laughter ] >> and what suggestions do you have for them to make some money? >> i like take-two interactive i think creative theft auto is good i don't encourage it for my kids i recognize a great franchise when i see one, probably the best entertainment franchise in history. redemption is good sell nick understands this and you get e-sports i know it's balanced people don't like it because of fortnight. but that would be the one if you want a gaming. game stop, no. bad balance sheet. go to the mall, you're the only one. don't want to do t

iff reminds me very much of estee lauder both run by talented international people who understand the, the worldly people, we have too many people in the country who are jingoistic and can look beyond the borders. iff goes higher. >> what is tonight in. >> boot barn, they do a good job, the notion of the people between the east and the west. they buy i think we should all look at it and then stephen jones does covanta does waste to energy something important in an era where mayor bloomberg is spending half a billion dollars. >> made that announcement yesterday. something to watch good weekend. >> you too. >> see you tonight. >> gardening, speed gardening this weekend. >> speed gardening >> it is a contest. >> it is everything is for you. >>> there is the market, 259 and 2865 we're back in a moment ♪ >>> good friday morning. welcome back to "squawk on the street." i'm carl quintanilla with morgan brennan and david faber at post nine sara eisen is off today. job numbers disappointments. some of the headlines on trade regarding mexico had the markets in a better mood dow up 208 on best w

lipstick index was coined by leonard lauder — chairman of the board of estee lauder, used to describere is a 10 degrees difference between coastal areas in some western parts of the uk. lots of sunshine, strong sunshine, but it feels cold on the sea coast. the winds are very strong, in fact gusts in excess of 40, 50 mph around some of the headlands in the south—west and 18 degrees in kent but by the time you get to the coast of cornwall and devon there is an 8 degrees difference, 26 is expected in western parts of scotland but on the coast of aberdeen it is in the high teens, so i think we will keep that contrast into tomorrow as well between the east coast and the west, the breeze will continue, but we are starting to import from the south some pretty warm and muggy air and you can see the wind arrows blowing in from france across western parts of the uk and this is pretty much a plume of hot air which is blowing out of the continent so that means across western parts of scotland we might even hit 30 degrees, maybe 28, and you can see the contrast between the west and also the east o