. >> check out square shares getting flushed after the earnings reports and ceo jack dorsey speaking on the call and we'll bring you the very latest. plus curdleaf sending that stock soaring. more marijuana mergers could take the space to pot paradise he'll break it all down when "fast money" returns >>> welcome back to "fast money," shares of curdleaf after the pot giant acquired cure partners which owns a big marijuana brand called selected in an all-stock deal nearing $1 billion. curdleaf's executive boris jordan gave us the details on "squawk on the street" today >> it's bringing together the two largest brands in the united states on the east coast it's curdleaf and on the west coast it's select and it's the largest dit butted wholesale brand in the country and it was like buying coca-cola for $1 billion and it was over 6.5 billion and it's today's price and it will have 2018 revenues of $205 which makes it the largest revenue company in the world in cannabis >> more than $6 billion worth of big pot deals have been inked in year and with so much wheeling and dealing in the space

to all institutional investors big companies like sam soon facebook already mentions investing jack dorsey founder and c.e.o. of twitter adopted the native internet curan see already we see disappointing tech i.p.o.'s were failing so people are reallocating the assets to emerging opportunities like b. it's going and we see next year to half thing so inflation will be cut in half and it becomes one of the most rarest assets in the world right now feeling many more investors what it does the say the native internet curiosity it yeah it's not mainstream yet though is it and when when will it be yes i think the adoption comes from companies like for example some soon releasing their flagship phone the s 10 by default in bad a book chain wallet or the wallet and enable currencies like this but also bitcoin to be featured on there and make it very easy for people to buy those assets and come cycling days and buy nans and others are all making that infrastructure much more accessible for pretty average joe so can you safely say it's no longer just a way of profits he is plunking their money in so

violated take trying for example he regularly treats tweets sexist racist and insightful messages jack dorsey however has clarified that twitter does hold public and prominent leaders in to a different standard earlier this year he said we believe it's important that the world sees how global leaders think and how they act there is a new policy however in the works for twitter where they will label offensive tweets and explain why they made up on the site now that will be interesting to see ok thanks mia. turning to france now where president emmanuel mccraw has just announced a tax cut of five billion euros it was one of several new reforms and a victory of sorts for all the yellow vest protesters who first hit the streets almost six months ago demonstrating over the price of fuel the cost of living and tax fairness macro initially tried to appease the movement by boosting the minimum wage but it didn't work and when that fire consumed part of paris is not a damn cathedral and macro led the fight. raising efforts for the reconstruction he played right into the protesters hands those multimil

and apparently trump asked jack dorsey why obama has more twitter followers than him [ light laughter got awkward when jack realized pressing the mute button doesn't work on people in real life [ laughternd applause he's like, "he's still talking still hear you." some more news about the president. nancy pelosi says congress obably won't impeach trump but that doesn mean she's letting him off the hook there's plenty of ways to punish trump besidest. impeachm take a look at some of her ideas.fi t there's no screen time between 3:00 a.m. and 7:00 a.m [ laughter ] her next idea is to send a a bunch of ladders down to the mexican border [ laughter ] pelosi also might put a cuss jar in the oval office and donate the money to women's health clinics [ laughter ] [ cheers ] she might also make it so trump can only put his name on buildings in 12 point fontht [ laug ] [ scattered cheers ] and if all else fails, permanent golf partner, robert mueller there he is. [ cheers and applause that - 12 point font got you? 12 point font got you. i love it. >> questlove: yeah election field is abou getth

president trump just met with jack dorsey.you think socially it is repressing conservative views? >> we have had hearings, of course they will say no we do not. here is where we get into what many people think of as suppression. is the way they built the algorithms that are doing the data mining. the question should be to facebook and twitter and these entities, do you subjectively manipulate your algorithm? what we have to realize is in silicon valley, a lot of people have a more liberal bent. a that is their preference, they bring that to work, they are engineering and building these algorithms. and then they probably tilt left, instead of being down the middle, and we know they don't tilt right. emily: you actually had a pro-life ad that was taken down by twitter. they sent was inflammatory, they reinstated. what have your conversations been like? they are active, they are lobbying, and they want your support. >> when they did a hearing, twitter publicly apologized. but the question is how to we get to a point where pro-lif

it's interesting given that he is met with jack dorsey, the ceo of twitter.f the things he tweeted was we are in the u.s., we have this thing called freedom of speech freedom the thing about these companies, they are global companies. they are building rules and guidelines for people all around the world. oftentimes, you will see that they kind of have these blanket policies because they are supposed to apply not just the people in the u.s., but to people everywhere. emily: private companies, so they get to make the rules. kurt: if you are facebook, you get away what is more valuable. is it having total free speech at the risk of people feeling offended and alienated, and then they don't want to use the platform after that? there are rules people have to abide by. emily: many folks think that facebook conducted this soon enough. another tweet from the president. "the wonderful diamond and silk, two conservative commentators, have been treated so horribly by facebook. we are looking into. it is getting worse for conservatives on social media." tim, dimon and s

jack dorsey, the ceo of twitter. smith, the president of microsoft, and for facebook, nick kleg, the head of communications, the former u.k. politician who now works for the social media company. >> deep pockets will work in this case, and we'll protect many of those social media companies from competitions. that said, short-term, it could be costly exercise for investors. already social media companies employ conat any time moderators facebook just yesterday increased a minimum wage for those conat the particular time curators and moderators where are there could be a cost to play here. artificial intelligence, technology platforms do not have the expertise just to simply automatically take down content that they wish to remove in a very swift fashion we saw that in the christ church attack, it took almost 30 minutes for facebook to be notified by social media users that there was a problem that this evident auto was being livestreamed when that happens, the company must try and find their video content and remove i

charles: jack dorsey was aggressive last year, going to the white house he wants to be fair about thisy. i felt like he was sincere about it. feels like in the last two or three weeks, they have become, how do you explain the aggressiveness of this more recently? >> there is words versus actions and you know what i'm really concerned about is the 2020 election of the these organizations can put their fingers on the scale to sup is press content and conservatives and others would like to know about. i believe my content on facebook has been suppressed. my views gone from millions, down to 50 or 60,000 on average. you can't ignore it. you can't deny it. charles: i remember yours routinely got a million every single time. >> right. charles: rahim, feels like conservatives would be between a rock and hard place, they respect private companies to run businesses the way they want but we, americans in general cherish the first amendment. how do you reconcile those? >> i don't respect the right of private companies to be policing the digital space. the digital space is important as the public

jack dorsey told nyu, the ceo twitter himself, that he file conservatives at his company are hesitantscared to speak up. we've seen video, viral video last year of an employee at twitter saint had algorithms set.if you had a flag, an american flag in your bio or conservative in your bio, those people getting shadow band. and i'm not surprised if we see censorship or hateful speech toward anybody that is not far left of the spectrum anymore. trish: it is gotten really bad. not who our country is. >> we are, we are changing it! every night at 8:00 eastern. trish: next, a congressman accusing her honorable border officers of killing. >> at this point with five kids that have died, 5,000 separated from their families, i feel like and the evidence is really cheer that this is intentional. it's intentional. it's a policy choice being made on purpose by this administration, and it's cruel and inhumane. trish: i'm sorry, kids getting killed, that's intentional? is she serious? i mean, think about that. this is how much the democrats hate the administration right now, that they're out there ac

jack dorsey told nyu, the ceo twitter himself, that he file conservatives at his company are hesitanteen video, viral video last year of an employee at twitter saint had algorithms set.if you had a flag, an american flag in your bio or conservative in your bio, those people getting shadow band. and i'm not surprised if we see censorship or hateful speech toward anybody that is not far left of the spectrum anymore. trish: it is gotten really bad. not who our country is. >> we are, we are changing it! every night at 8:00 eastern. trish: next, a congressman what's going on up here? can't see what it is yet. what is that? that's a blazer? that's a chevy blazer? aww, this is dope. this thing is beautiful. i love the lights. oh man, it's got a mean face on it. it looks like a piece of candy. look at the interior. this is nice. this is my sexy mom car. i would feel like a cool dad. it's just really chic. i love this thing. it's gorgeous. i would pull up in this in a heartbeat. i want one of these. that is sharp. the all-new chevy blazer. speaks for itself. i don't know who they got to design

. >> and directly buying from jack dorsey, how do you feel about that >> maybe, maybe. >> is that the reason for the downdraft? >> no, the guidance sucked for second quarter was negative. >> sure. but that buy has absolutely nothing to do with your view of the market. >> no. >> it is a buy of stock you thought got hammered to the point that it was an opportunity. >> true. and so what -- >> and counter any of the -- >> i can't tell you what i have been selling because i'm not out of them yet. i have large positions and i don't want to make any influence on it. i have been exiting, and as pete said when he was here last week, exiting an awful lot of positions. not all the way out yet though and to joe and josh's point, i think it's very prudent to earn protection against those i do hope the protection goes out worthless, even though i never root for losing money. >> this whole notion, rich, of what cramer says the market is too bulletproof is sort of the point i was making on top of that, all of these potential things are out there and the market doesn't care about anything ipos are com

jack dorsey, @jack was he will kept i had no problem with what they had to say it is not sarah fryering it. the former cfo was a partner at goldman sachs who moved on to next door, a terrific site if you want to sell it i think you have to rethink why you owned it to begin with it is a terrific play on the register point of sale and then bringing all the other parts of a business to it. this is the kind of company i was talking to mr. corbat about, that aren't you jealous that here they are with a register thing and a small business and they get a valuation that's big. but it is a love stock i don't think it stays down for long. >> talking about stocks that don't stay down for long, qualcomm is up now >> of course. >> it looked as though it was going to open down due to his action in the premarket or the post market yesterday after reporting earnings. >> right. >> but there was a bit of concern about china, and the slowdown there they did take in, according to at least them telling the journal at least $4.5 billion from apple as part of the settlement at the time we reported we said

he met with the head of twitter with jack dorsey and complained about his follow lower count essentiallyshould have more followers than barack obama. etd' love to get them to give up a platform. >> the president has said so many assanine things in the past few years. what i worry about is politicians and the culture at large don't share the same epic right now. >> dave, we've watched this white house essentially throw out the constitution whether or not they have to, i don't know, respond to lawful subpoenas, follow the law that says they have to give tax returns or show up when they're called to testify before congress and the president, you know, the speaker of the house said she's not sure he'll love office when he's ready to go and you have his attorney general indicating he's ready to investigate trump's enemies. could you see a situation where donald trump goes back to facebook, twitter and lay the heavy hand on sp them? there's a lot he could do to them. >> we've seen this before where the president has used his own grievances to intervene in the private market. it's been reported

deidre bosa has those for us >> jack dorsey's payment processor getting slammed in the afterhours downch as 8%. this mostly on weak guidance, but the company beat on the top and bottom lines adjusted eps coming in at 11 cents. that's 3 cents higher than expected revenue exceeding forecasts. $489 million versus $478 million expected here are the soft spots. gross payments volume. this is a critical metric for investors. it shows the amount of payments processed on the platform coming in slightly lower than expected. $22.6 billion versus $22.8 billion expected so a small miss here very important metric. q2 guidance also a sore spot eps and revenue looking light. the company forecasting adjusted eps between 14 and 16 cents. and revenue between 545 and $555 million. these are both lower than the street was anticipated for the first time, though, square is breaking out cash app volume growth. this is its p2p venmo competitor they are not giving us an absolute number but cash app gpv payments processed grew nearly 150% year over year. the losses are narrowing in the after hours down 6% after

he did have a conversation with jack dorsey of twitter last week or maybe it was a couple of weeks agogulation but at the same time, you want these companies to be held accountable to define things like you said, hate speech and actually applying that standard to both sides of the aisle because it doesn't seem to be happening right now. stuart: i mean, hate speech in america, we do have free speech, it is allowed in the public square. we don't allow it to be banned from the public square. but facebook, social networks, that's not a public square. that is a private square. so i guess you could say that they do have the right to ban speech which they find offensive. >> yes. and i do think that they, as private companies, have the right. we don't necessarily have a constitutional right to say facebook, you have to go by my standards or anyone else's st . standard. they can set their own standard. i think people want to see a little bit of consistency, a little bit of transparency from these companies, and also, that they don't get the privileges of being a neutral platform that they actua

as long as jack dorsey remains the coward he seems to be, my twitter days are in the past.blic today. ed: the ride sharing business is highly anticipated stock market debut will be one of the largest in recent history. steve: what's going to happen? susan li from our sister network fox business joins us live from the new york stock exchange to break it all down. i wonder how many will go to the stock exchange today and buy uber which goes on sale today? >> yeah. there is already a lot of festivities underway. we do have people lining up and it's going to be a big day here at the new york stock exchange. this is the largest american company ipo and sell shares since facebook did it back in 2012. it's a tough week for uber to be selling shares given we saw a market sell off because of the u.s. china trade concerns and, the uber driver strike which is not good for the company image. don't forget this company was started back in 2009. and it's worth $82 billion. that's roughly out equivalent of general electric which has been around for more than 100 years. and they also have a

jack dorsey arriving, i believe, this morning of course, from twitter and square joining us now is theend of the show, john hope bryant, ceo of operation hope. and it's great to see you here we've been talking -- >> good to have you in atlanta. >> we've been talking about the markets all morning, the turmoil with trade, mexico you talk about inclusive capitalism interconnect them, because i know you're thinking about this this morning. >> there's a need to push back and a need to find the right balance, so in some ways, the administration's doing what they think they need to do. but remember that birmingham, alabama, could have been atlanta, that they fought over race and stupid stuff, and we decided to fight over money. so, the color wasn't white, black, red, brown and yellow, the color was green and what's best for the city. now, atlanta has exploded economically -- busiest airport in the world, one of the top ten msas in the country. theme are getting along. prosperity -- enough prosperity to go around and economic growth for all. and we're finding that sometimes that the tail wags