joining us is nick bilton, columnist with "the new york times" and john steinberg, ceo of the "daily is here and kelly evans at post 9 and john ford is back as well. we have a busy morning. so let's start with yahoo. look at shares of yahoo after the company reported quarterly profit and revenue that came in below estimates. that stock down by 1.25% in early trading that includes display and search ad revenue which fell for the first time in years. kth announcing it has hired advisers to consider options for its stake in yahoo japan. marissa mayer, ceo of yahoo made sure to talk about the potential for value in yahoo japan right off the bat, because she knew that's what investors were looking for. what's your take-aways? >> i understand her approach of wanting to go after search. i think it makes sense. google, the search algorithm hasn't changed in a long time. i think it is losing to facebook a little bit here and there. people have figured out how to dpam the system. is makes sense for marissa to go after that but at the same time we don't actually know what yahoo is doing as a com

. ♪ >>> welcome to squawk alley, joining us john steinberg, john, good morning.ord is out, kayla tausche is in, the markets are up. up 262 in fact been close to session highs. stocks are rallying after friday's sell off of course when we closed down 280. right now it's on track for the first 1% gain since the end of march, bob on the floor to tell us what's moving. >> good morning, carl, down 280 on friday and up 260 today. little bit confused about this? people are debating why we were down on friday. but let's just see what's up today. i want to point out that this is a big rally today, industrial and largely tech, that's what's dragging us up. everything is up, particularly the tech and industrial. ibm, cisco, microsoft, boeing, 3m. rare will tote a lot of big movers. that's what we're getting out. crude's breaking out to new highs for the year, we have another factor dragging up on the energy names. burton was a little better than some feared. feared as is a good word to use. the big oil names, conocos, marathons, everything's being dragged up. why was the st

john steinberg, ceo of the daily mail.aylee toul is out today public first up this morning, we have apple, according to research, by slice intelligence, about one million apple watches were preordered on friday. the first day they were available. josh lipton is live in san francisco with more on that for us, good morning, josh. >> good morning, carl. so i ordered my apple watch, like people all over the world, i am going to have to wait a while before that smart watch actually arrives. so delivery dates on almost all models we know were rapidly pushed out on friday morning. now apple is not saying how many watches were sold, but analysts estimate that the new product is off to a strong start. nearly one million people in the u.s. preordered the watch on friday. that's according to slice intelligence, which tracks spending through ereceipt data. to put that in context, according to ka nals, only some 700,000 android wearing devices shipped, that was in 2014. as for those ordering the apple watch, 60% ordering the less expen

john steinberg, ceo of the daily mail.blic first up this morning, we have apple, according to research by slice intelligence about one million apple watches were preordered on friday. the first day they

john ma maxen. david steinberg. where investors can find the long-term value. says there's one big thing investors are ignoring that could be a sign of trouble. mike, first of

john ma maxen. david steinberg. where investors can find the long-term value.ike chadwick says there's one big thing investors are ignoring that could be a sign of trouble. mike, first of all, we've seen signs of trouble today at least in labor stats. what's up with that? what do you make with the relationship between the economy and the markets right now? >> a complete disconnect between the relationship of the economy and the markets right now. as you saw today, labor numbers weren't good. markets were at all-time highs. you have to look at the concept of what we're doing. we've been in the qe environment for four or five years. we can't escape velocity. the governments have spent tens of trillions of dollars. that's a disconnect right there. >> one of the things we saw again for yet another month, the government was she got jobs. there was a couple of places we were seeing jobs. john, how does this affect investments? mike is saying there is this disconnect between the economy and the markets. we're in this to make money for people. when does the disconnect

joining thus morning, jon steinberg, ceo of the "daily mail" north america and with us, john ford, kaylaugh for you guys? >> and the chimes are going off? >> this is san francisco. yesterday, i don't know what that was. >> and to think that we're wearing sunscreen after yesterday. >> what a show we have today. joining us in the next hour is a great line-up, former yahoo president sue decker and the president of linkedin, john hoffman. we begin with apple, shares sliding after hitting the all-time highs, revenue and profit did top expectations after the company sold over $61 million iphones, up 40%. apple saying it sold more iphones in china than the u.s. for the first time ever. tim cook talked about demand for the apple watch outstripping supply with our own josh lipton saying it's a relatively better problem to have, one we know how to fix. >> i think that why the stock might be trading down now is people feeling how it could possibly get better. 20% of iphone users upgraded to the iphone 6 or an iphone 6 plus, in a relatively short period of time. so replacement is there. when they la

thursday, joining us for this morning for the full hour, jon steinberg, the ceo of the "daily mail" north america. kayla is out this morning. johnve at the nasdaq where etsy has just opened for trade. what an open. more than doubling as you suggested it would right before it started. >> strong early on. and got to remember etsy set aside 5% of shares in this ipo for individuals. a lot of those people sellers. so this pop some people might say there's the age-old question, did they leave money on the table here? i'm sure it will be asked. you got to remember some of the people in etsy's community the loyalty of which is a big part of etsy's story are looking at the stock price and feeling like they're winners, as opposed to if it had opened flat and etsy had kept all the money. i'll be asking chad dickerson, waiting for our conversation which we'll get to. how it plays into the story of etsy going public. as we mentioned earlier. in its s-1, etsy says we're not profitable now and basically, they're not in a rush. might not ever be profitable. that's the sort of boilerplate that companies put out there. you don't know how much of

joining thus morning, jon steinberg, ceo of the "daily mail" north america and with us john ford, kayla yesterday, i don't know what that was. >> and to think that we're wearing sunscreen after yesterday. >> what a show we have today. joining us in the next hour is a great line-up, former yahoo president sue decker and the

thursday joining us for this morning for the full hour jon steinberg, the ceo of the "daily mail" north america. kayla is out this morning. johnjust opened for trade. what an open. more than doubling as you suggested it would right before it started. >> strong early on. and got to remember etsy set aside 5% of shares in this ipo for individuals. a lot