"the new york times" jim stewart will join us.ng faster than ever, we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. whenwork with equity experts who work with regional experts who work with portfolio management experts that's when expertise happens. mfs. because there is no expertise without collaboration. open port twenty-two-oh-one-seven on the firewall for customer db access. install version two-point-three of db connector and ensure verbose flag is set in case of problems. (clapping sound) isn't the cloud supposed to make business easier? get the one that can connect to the systems that you already have. today there's a new way to work. and it's made with ibm. >>> roller coaster ride of s

"the new york times" jim stewart's take on the economic impact.ily crest in his living room. cute little guy, huh? this guy could take down your entire company. stay with me. on thursday a hamster video goes online. on friday it goes viral - a network choking phenomenon. why do you care? he's on the same cloud as your business. the more hits he gets, the slower your business may get. do you want to share your cloud with a hamster? today there's a new way to work. and it's made with ibm. oh, he fakes a handoff quaand he's making a run..... 'cause mattress discounters fall kickoff sale is ending soon! hurry to save up to $300 on sealy posturepedic and serta mattress sets. even get 24 months interest-free financing on every tempur-pedic. you're going to love their football field-size selection. this calls for a little touchdown dance. mattress discounters fall kickoff sale is ending soon. ♪ mattress discounters >>> welcome back to "squawk on the street." check out sprint. shares soaring as it was upgraded from outperform to market perform. new manage

. >> who better to talk about the buzz than our friend jim stewart amid the frenzy. there are a lot of people here. we remember during the candy crush digital ipo, there were walking candies. seaworld there were dolphins and penguins rocking around. jack ma, according to reports, wanted to make it less theatrical and dramatic. >> it's fairly dignified. they have a great story. it's a simple story, one anybody can understand. numbers are great. growth projections. even talking about google and facebook, people didn't understand how this business was going to work. this is clear cut. i don't think they need gimmicks. if this opens at $80, $82, investment bankers always told me the perfect ipo is at 15% pop at the opening. if alibaba pulls this off, i have to hand it to them. that is the perfect ipo. >> the stock market has been making record after record. the chinese economic boom story. this ipo stands for so much. does it worry you at all that it is just so enormous and creating such a buzz? >> it does. as an investor it would worry me. number one, all this excitemen

joining us this morning is new york times columnist, jim stewart. good to see you.good to see you. >> everyone says it's an outlier, what do you think? >> it's only one month. we'll know in two or three months pg. i don't think it's bad. not what they expected, but other signs are positive. this gives us clarity. you know, the fed wants to stay on the track that it has announced, which is, you know, mid-2015 for the first rate increase, and, yes, this is data dependent, but that meens the data has to come out of left field. they want people to know whatted too. this is part of the whole campaign of transparency, and that reinforces either they stay on the announce track. ? buys time in other words? >> takes pressure off them. the fears is they tightened too soon. this is good. >> the only thing that gives me pause is we've seen this recovery so many times run out of steam when it was looking strong, a swoon people call it. so i just wonder how sustainable everything looks to you. i mean, you've been covering these fits and starts for years. >> well, look, slower gro

. >> those of white house cover banks n banks know how rare it is jim stewart talked about alibaba havingaying there was so much hype around this company and it being 15 years old, it had been expected to go public for so long, that that was already baked into the stuff. but we've also talked about the perceived discount of it being chinese company. how did the valuation shake out? do you think there's an excitement premium on this stock? >> great question. a couple of things. firstly, level of preparation, the company hook on avoiding hype and being fundamentally based and sell what they have today. obviously, if you had jack on here talking about tomorrow and the cross border opportunities, but really center around the consumer and the small person within china and the opportunities. so i think what they tried to do is talk more about what they're doing as opposed to what they will be doing, per se, and downplaying the hype. i think that that really has come through in the way the stock has performed. one further thing on the valuation, this company was a u.s. company, would this compan

i wonder when you look at jim stewart, for example, wrote a column, two ceos public companies who came not historically, but are. do you wish more have no dooup why they have not? views on this? >> i'm not sure i'm necessarily an expert on this topic per se. i suspect there are a number of gay ceos who have not announced it. i suspect a generational thing if you're in your 50s and 60s and have not come out, it's unlikely that you will, but i think we'll see a lot more in the decades ahead. >>> coming up, coming up, jim cramer from the new york stock exchange, and later, rapid fire with our guest host, peter thier. >>> tomorrow on "squawk box" reaction to the feds' rate decision, the guru is here, and, plus, the biggest ipo of the year set to hit the markets. we talk alibaba and e-commerce. "squawk box" on cnbc, profit from it. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience w

jim. (cheers and applause) ♪ >> jon: welcome to the daily show. i'm jon stewart.th of a king." it's fantastic. but first, we turn to isis. the terrorist insurgent group slash rogue nation, slash all-around living nightmare, slash-possible boy band. yes, different i.s.i.s.

jim acosta ta from the white house. >>> former president bill clinton is weighing in. on the "daily show" with jon stewa stewart, president obama stressed the only the iraqi people can win a land war in iraq. >> so the reason i think that the president's strategy to combat isis has a chance to succeed is that the iraqi government finally includes sunnis who were representing those tribal leaders who are moderate and without whom isis cannot be defeated. we can't win a land war in iraq, we've proved that. but they can. and we can help them win it. and that's got to be what we're trying to do. >> the former president also emphasizes the importance of a strategy that provides intelligence support to local forces. clinton cede price will be paid for the beheadings. isis has released a new slickly produced hostage video. it shows a british journalist, john cantli, reading a prepared script. we're only showing you a still from the video because cantli makes clear that he is under duress. the message clearly targets the west saying the united states cannot win a war against isis and cantli says it will be followed by