i am part of the etsy cult following. i love shopping. i love unique everything and i have found some really good finds, especially recently on etsy. so, my question for you is at almost $57 a share, should i make etsy inc. a part of my long-term stock portfolio? >> yes josh silberman and etsy, they are fabulous believe it or not, even with this stock at $8 billion, i think it is dramatically undervalued. i am with you! i think it is the craft malt for the ages, and a twofer, i'm throwing in shopify! casey in missouri. >> caller: boo-yah, jim! >> boo-yah, case. >> caller: i've been following the show for a long time i started watching with my dad when i was in college. and i just have to say that as a young, female investor -- >> yes >> caller: the spotlight you shine on the importance of women in leadership and management and investment world is so awesome and appreciated. >> oh, wow that's fantastic and we've got a lot of people who aren't supposed to be liking stocks who are in the market the surveys are wrong. welcome aboard. >> calle

it's interesting to compare the pinterest platform versus etsy and shopify.terest today doesn't make money in the same way that shopify and etsy do where you go and find a product you want on shopify's platform or etsy's platform, you buy the product on their payment platform and often times the seller's able to use a preprinted shipping label which is more money to etsy and shopify. i do think there's opportunities for pinterest that they're not unlocking today. >> all right. >>> we'll turn to apple this morning and qualcomm, the staredown between their two companies gets personal ahead of the trial kicking off in san diego today. our josh lipton is live with the latest. good morning, josh. >> reporter: good morning. so we are right outside this san diego courthouse where apple and qualcomm are going head to head in a case with billions of dollars on the line and during this trial, carl, we are expected to hear from some star witnesses for apple, tim cook, phil schiller and jeff williams, for qualcomm, and founder irwin jake cobs. at the heart of this case,

etsy share, though, i have to say, etsy shares did drop on today's news that facebook is so focused on-commerce and giving those tools to developers. >> fascinating, julia. thank you very much. >> public, private do we know what this company believes in terms of soebl ricil right now? >> no, but i believe they want to make money. they're committed to that cause. obviously, they've had a very difficult year, but i don't think they are the sole poster child for bad privacy behavior and that is small fading and i think put aside the ft reserves for the ftc charge, they're asking for legislation so they know how they can comply so they're not always in trouble, and i think also one other thing we have slack and maybe that gives us a little bit of sense of whatsapp, maybe what could that be worth. i don't know how the privacy ultimately plays out, but i am long i do think at this level -- that last earnings quarter was phenomenal in light of google's complete whiff yesterday. >> can you compare it to mobile? >> they're getting religion on privacy is something they've had no choice and i don

. >> whether it's etsy or ebay oy ways to research the sellers other than looking at site reviews? >> yeah. a quick google search is often going to tell you a lot. at the very least, if you're thinking this might just be like a small vendor i've never heard of there will probably be some other digital footprint there. if this is a shop in colorado springs you will be able to find its website. someone trafficking in chinese counterfeit goods, the odds are they are not going to have anything else on-line or at least other fake things to indicate who they are. >> if you get an item you think is a fake, what do you do? >> you can't always -- you can contact the seller and the authorities. >> disputing it with your credit card company as well to see if they can intervene. >> definitely. >> thank you for joining us and ginchg us that advice. appreciate that. >> thank you for having me. >> up next we're on the money. cbd is going mainstream but its effects and legality is still a bit hazy what you need to know if you plan to try it. >>> later, working in the gig economy, the smart way to

we have a etsy store, and then we have our own website. on average, they are $23.50. okay. they have a pretty wide range. we have a lot of add-ons, so we can always add-on to the customer. what are the add-ons? a round in, like, brass would start at $20. you can add on engraving for $5. you can add a box for $5. you can do double-side engravings, which is an extra $4. what's the price you're paying for each on? the cost to us, after labor, is $9.03. mm-hmm. yes. so, um -- o'leary: but you're not selling to retail, right? not -- not at this point, sir. not at this point. we are in two strategic brick-and-mortar stores. okay, so, you're selling them now at what? we usually sell them between $16 to $18. our biggest market is weddings. weddings? weddings? it is a groomsman gift. father of the bride, ushers, groomsmen, best man -- that makes a lot of sense. anyone we can get in the weddings because they're willing to pay more money. you said you created something from scratch. it's a real business now. give it to us in terms of numbers. what are your sales? year to date, we've m

etsy knows that moments, big and small, deserve things that really matter.l people and filled with things that last beyond the latest trends. belongings don't just show what we care about. they show who we are. shop etsy.com car vending machines and buying a car 100% online.vented now we've created a brand new way for you to sell your car. whether it's a year old or a few years old, we want to buy your car. so go to carvana and enter your license plate, answer a few questions, and our techno-wizardry calculates your car's value and gives you a real offer in seconds. when you're ready, we'll come to you, pay you on the spot, and pick up your car. that's it. so ditch the old way of selling your car, and say hello to the new way-- at carvana. >>> beto o'rourke is looking to rev up his 2020 campaign with a major policy announcement today on climate change. the former texas congressman has faced criticism for running a campaign light so far on policy. cnn's leyla santiago joins us from yosemite national park, the backdrop for his announcement. do we know what he'

etsy volatility absolutely on the floor. does that pick up in the second half of the year? laurence: i think that is one of the signals we tend to look for. we think about complacency, risk not being priced into equities. when you see the volatility index collapse, that starts to make us somewhat cautious. perhaps feels like now that is where we are. the natural assumption is you see something disrupt this relative calm, which is relatively, politics, relative -- relatively calm politics. valuations very cheap and paid to take risk as we have seen in q1. not being paid to take so much risk so that is what we are implying and we would expect volatility to come up so keep some powder dry and your portfolio to buy some of the higher quality stocks. that is another piece of advice. make sure the qualities of the portfolio right now is of a higher level because that will help you through the next period, which will involve more volatility. guy: will the earnings story generate some of the volatility as well? talking about a company out of belgium, looks like potentially we can s

personal knowledge that drunk shopping has been worth thousands to the "golden girls" beach towel etsys a different towel for every episode! according to one report, last year, "americans spent nearly $40 billion while drunk," and "a shocking amount of that went to food." why is that shocking? what would be shocking is if someone drunk-saved for their kids' future. (hung over) "jesus, honey, last night, i hit the booze with daryl, and we allocated 6% of our savings for a 529 college fund. we were animals!" ( applause ) ( piano riff ) also among the most popular items purchased while under the influence were "clothing and shoes, with movies and games as the next most popular." the third most popular was, "blrjmm;kr i miss becky." ( laughter ) i do, becky. ( laughter ) meanwhile, we all know there are crazy, outdated laws on the books, but good news: "it's now legal to have sex before marriage in utah." ( cheers and applause ) >> stephen: yes, bravo. okay. so, now you can have sex before your wedding, and after your wedding. but be advised: it's still considered rude to have sex during y

the new ceo will be linda kozlowski who is leaving etsy as cfo. the stock is down nearly 40% over the last 12 months. and that's what's happening now. lauren: that is an ugly chart. it's looking better this morning. if you look at the dow, nasdaq and s&p 500, s&p higher now for day number five, it's up 14 points, half a percent this morning, similar percentage gains for the dow and nasdaq. coming up, as the 2020 democratic playing field heats up, president trump is sounding the alarm on the left. >> don't underestimate the power of socialism to get a vote. it's what happens over a 10-year period when the country is destroyed. they don't care about that. lauren: he was on fire last night. we'll have the latest on captainly. versus socialism and the race for the white house. and airbnb is taking "night at the museum" to a new level. how to spend the night at one of the world's most famous museums. keep it here, "fbn: a.m." ♪ the way that you are. ♪ it's just the way that you talk like it ain't no thing. ♪ and every single day is just a -- ♪ then the

former etsy chief operating officer linda kozlowski taking the helm. blue apron had lost 65% of its value under the former operating officer. this company is $1.04 at the moment, a gain of just 8 cents equals a gain of nearly 8% sgr back to trade now. market watchers avidly following liu he. his arrival and departure in the nation's capital. our cameras are on it every single time. it's an indicator maybe of how trade negotiators are going. people are actually looking at his facial expressions. edward lawrence is the one who gets to read all of this. he's shadowing china's top trade representative moment by moment. what's happening right this minute? reporter: yeah, facial expressions as well as his gestures he's making. right now, let me show you about what's going on. this is the motorcade they arrive in and the security they have -- or that surrounds them. the motorcade full of armor proof cars. the first ones, secretary mnuchin, liu he and the central governor of china, his car is in the motorcade also. they are inside right now for those talks. re

so interestingly, etsy shares dipped on some of these announcements. >> we'll look at that, julia taylorwant you to ask about this instagram feature making easier for users to shop directly from their app. this is a long time coming what do you think in practice? >> this is going to be huge. instagram rolled out shopping for brands already, so you could shop on, you know, say the nike instagram page but that's not really how people discover products they follow people that they like who recommend things. so this is going to be a huge boon for influencer marketing. >> can you imagine people make enough money as quote unquote influencers already and now directly able to drive revenue, their value will skyrocket. >> they can show the brands, like, look, i delivered this many sales pay me x amount as a brand ambassador or easily take it away. >> let's talk boring for a second boring but important namely, they told us, facebook, that is, $3 billion, upwards of $5 billion, potentially facing in terms of an ftc fine. do these, the emphasis on help them with the pr effort to say, we are changing

etsy knows that moments, big and small, deserve things that really matter.al people and filled with things that last beyond the latest trends. belongings don't just show what we care about. they show who we are. shop etsy.com >>> more breaking news tonight. rod rosenstein, who was appointed -- who appointed robert mueller to investigate russian interference in the 2016 presidential election and then oversaw the nearly two-year-long probe is resigning in a couple of weeks. laura jarrett joins us with more. laura, it has been expected for a long time. explain what is going on. >> anderson, it has been something of a months-long goodbye for rosenstein over at the justice department. of course, he has become a household name even though the deputy attorney general is usually pretty obscure because, as you said, he appointed the special counsel robert mueller to lead the russia investigation. his tenure at doj and relationship with the president has proven to be one of the interesting parts of the ordeal. his critics will point to his role in the firing of fbi di

he will be replaced by former etsy coo linda keselowski. blue apron's stock down 90% since the company went public back in 2017 struggled to boost sales struggled to turn a profit by the way, it is worth noting, the company's market cap is only 200 million. we normally don't talk about companies that have a market cap that low, but blue apron was a big name, it was a big ipo, so we're letting you know the news. stock up 15% take that with a grain of sea salt >>> we've got a big update to a story we first brought to you earlier this week. >> it would have gone to shareholders to trim trees near their power lines to prevent future fires pg&e has said it would not resume dividend payments until it emerges from bankruptcy, but this judge's decision takes that choice out of pg&e's hands >> two big dc-related stories that you need to know about today. first, high-level trade talks between the u.s. and china picking back up in d.c. with more optimism, a real deal could be close also, new details about a chinese national who was arrested at the pre

etsy knows that moments, big and small, deserve things that really matter. sold by real people and filled with things that last beyond the latest trends. belongings don't just show what we care about. they show who we are. shop etsy.com they're america's biopharmaceutical researchers. pursuing life-changing cures in a country that fosters innovation here, they find breakthroughs... like a way to fight cancer by arming a patient's own t-cells... because it's not just about the next breakthrough... it's all the ones after that. >> tech: at safelite autoglass, we every chip will crack.. this daughter was home visiting when mom saw a chip in her windshield. >> mom: honey is that a chip? >> tech: they wanted it fixed fast so they brought it to us. >> mom: hi. >> tech: with our in-shop chip repair service, we can fix it the same day... guaranteed. plus with most insurance a safelite chip repair is no cost to you. >> mom: really? drive safely. all right. ♪ acoustic music >> singers: ♪ safelite repair, ♪ safelite replace. you inspired us to create internet that puts

etsy knows that moments, big and small, deserve things that really matter.l people and filled with things that last beyond the latest trends. belongings don't just show what we care about. they show who we are. shop etsy.com ♪ ♪ ♪ ♪ ahhhh! ♪ we're here. ♪ ♪ - i like to plan my activities before i take trip, so by the time i get there i can just enjoy the ride. with tripadvisor, it's easy to discover over 100,000 bookable things to do, from walking tours in rome to wine tastings in tuscany, and if you like what you see, you can book it with ease. just another way tripadvisor helps you make your trip a masterpiece. ♪ hoo - read reviews, check hotel prices, book things to do. tripadvisor. >>> john singleton died. he's been in a coma since suffering a massive stroke three weeks ago. he was surrounded by friends and loved ones when he was taken off life support at a los angeles hospital. he became the youngest person and first african american ever nominated for academy award for best director. that was boys in the hood. he went on to direct poetic justice, too f

>>people you can buy tatyana slides through her etsy page coming up she has 2 big conventions, one in la and another in san francisco. >>still ahead why one part is having to enforce restrictions on visitors feeding wildlife a popular pond and a girl went to the beach for spring break. she came back with a treasure of millions of years old. and it sports warriors not messing around tonight in la take care of the clippers also the sharkey still have life. >>highlights from both playoff matchups coming up. >>and kron four is now streaming live local news 24 hours a day if you haven't tried it yet kron on here's what you're missing. to make it out of there. county oakland, san francisco menlo park. >>outgrowth is known to be a popular spot for families to gather to go fishing maybe feed the animals, maybe too much flooding long tells us the increase traffic is leading to litter and overweight ducks. >>the phone is a signature feature of elk grove regional park. it's a popular place to feed the ducks and geese and to go fishing. but the concern is community services district plans to put

know we also have to take into account that there were some really great ipos, facebook, linkedin, etsyed sharply after the ipo and have done extremely well some of them haven't, blue apron is a good case i don't think there's too much correlation between lyft and the others for these reasons. >> david, i'll put the same question to you. >> yeah. you know, i think there have some things that are obviously similar, but some notable differences which eric touched on a little bit. i remember well truman said i want economists with just one hand because he's always saying on the other hand. this is a yes, and no answer to your question. yes, the one deal can color sentiment in the market for others that are broadly in this same bucket, so we're talking about large tech companies here, high growth, targeting largely the same investor set. i think sentiment might be affected by prior deals, but there's enough distinction here in these two companies that you just referenced, very different markets, that they're targeting, ride share versus the curated content that the other one is targeting, a

aftes etsy is the place to find new favorites. the things we hold on to. for all of life's moments. our belongings don't just show what we care about. they show who we are. shop etsy.com ♪ corey is living with metastatic breast cancer, which is breast cancer that has spread to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor-positive her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. before taking ibrance, tell your doctor if you have fever, chills, or other signs of infection, liver or kidney problems, are pregnant, breastfeeding, or plan to become pregnant. common side effects include low red blood cell and low platelet counts, infections, tiredness, nausea, sore mouth, abnormalities in liver blood tests, diarrhea

the web offers such a bargain for small and medium size business i feel the same way about etsy >> wealk some time of the power of the margins aws, power and profits of the company where retail represents the bulk of revenues but not necessarily profits. in search. when you have intent to buy something, what's amazing to me is it is more than 50% now the one that buys something go to the amazon platform instead of going to search as you often did google >> can you imagine the power of a brand where more than half the people just think all right, i will just go to one place? >> amazon is -- they have to be careful because the populists are going to say that's the one that needs to be broken down >> you go to amazon and you will look there and you will go to other places of course it is quite powerful google still dominants >> yes >> this is becoming a significant form of profit for amazon, seems to be no doubt about that shares will continue to grow >> amazon if you go back to the previous quarter, what happens to the leverage in retail and the answer is, amazon, 47% of growth that's e

. >> yes i know i want to be a pinner, it has good gifts i would buy something from etsy. it is the third most known name in the business. i guess that means facebook, instagram or snap and them >> it is a well-known name it is global which is a key thing now. immediately upon starting to read -- >> you stole my thunder. >> christie in atlanta put so many recipes she found in pinterest >> mark and london >> this is an offering document. >> it used to be a serious place. jim on "squawk on the street" does not use it, all the worse for it >> this is not about sharing this is about your own info. you are not sharing any of these things with anybody. this is diving deep. >> can i share that boeing stock is going down? >> that i don't think you want to pin >> they can be a great place to talk there was debate over lyft this weekend. someone hijacked on twitter that might have been mean to everyone i think it is me >> i think it was you. >> maybe it is time for you to switch to snap where everybody sm everybody -- >> people putting faces on me this weekend >> that's why share we

you know how i made a lot of money, the etsy. it collapsed and ipo rolled in. an african company up 50%. page pd up 55% on the first trade but they didn't have 19 rounds of funding. it wasn't all sucked out, valuation wasn't so overly rich by the time they went public. i think pinterest is understanding this. i think uber is even understanding this, that maybe we don't need to take every kernel out and crush these people who ultimately are using our products may not want to if they think we fleeced them. neil: good point. you could make the argument here as well it is a good long-term plan to lay out for investors you are going to make money and uber kind of poo-pooed the notion, more or less put it off if ever, that kind of worries me. >> you think? neil: i would think that's a good idea. >> uber is such a popular company in the sense that consumers are out there, ridership, they're diversified as well. that is differentiation you make from lyft. they have other ways to make business. they do have a lot of struggles. they have shown, yeah, they can grow revenu

he will be replaced by former etsy coo linda keselowski.e apron stock is down 90% since the meal kit delivery service went public in 2017 as it struggled to boost sales and turn a profit. it's worth noting that the company's market cap is now below $200 million it's up 15%, but that's 15 cents. >>> when we come back, the list of the best places to work we'll tell you which companies are climbing the list and which companies are losing ground. that's next. -i call it my comfortable future plan. -it's our confident forever plan. -welcome to our complete freedom plan. -it's all possible with a cfp professional. ♪ -find your certified financial planner™ professional at letsmakeaplan.org. -find your certified financial planner™ professional verizon got us vip tickets three feet away from justin timberlake. and to say vip is an understatement, because i sawww justin timberlake. so he literally looked into the phone and started dancing-- well, he was already dancing-- locked eyes and continued dancing. i still have to like pinch myself and make su

done, well raised a lot of money and then straight down and never back the other example would be etsy of the door but then recovered nicely and has been really good for retail investors. >> so we have to wait -- >> retail stock, there are other examples to look at. >> although to joe's point, is anybody going to jump in as enthusiastically for uber on the opening, some of the retail investors if they saw what happened with lyft and figure oh, i am not getting in on some great bargain early on, i'll wait and see what happens? >> the snarky answer would be uber's going to raise billions, so retail won't do it for them they need the institution tease put together that capital. >> but everybody needs retail investors to get involved in order to support things. >> that's true, although uber will have a chance to stabilize. i think it will be a very different story. >> talking about a different story, do you think investors sat around saying to themselves, okay, i'm either going to do lyft or i'm going to be in uber, or do you see this completely differently? are people going to look at the