jon fortt, lot of coverage of ces so far. what dwho do you make so far. >> the reason i like cces is it is kind of this primordial soup of electronics. most of the stuff will not see the light of day. a lot is junk following trends but you can also see the blind spots in the industry. and things that people will actually see in their living rooms before long. a lot of wearables also. garmin has a wearable. everybody has something they are positioning against the apple watch and android wear. a lot of the home automation. a lot of in car stuff that is actually interesting. but some of the best stuff has been like an electronic scooter that allows you to go 60 miles on a couple of the batteries. probably going to cost like $3,000 plus a monthly subscription to swap out the batteries. that's interesting. also a head set that to me is more interesting than google glass. you can see through the image it displays. about 720 p image lots of possibilities you can do to view fun video. probably costs around a thousand bucks. you are n

al jon fortt live at the consumers electronics show and clay tausche here as well. markets are in the green after the s&p down 5 days in a row. we saw oil go negative briefly this morning. s&p and the nasdaq looking to break that five day losining streak. crude oil again below 50 this week but wti was in the red a few moments ago. it does seem once again the market is pivoting around oil. everybody assumes as the the supply issue. a mega glut of oil all around the world but he's open to the idea it does point to a lack of demand around the gloel globe and what many believed had ban supply issue. we did inventory that ticked up slightly that caused a little bit of a reversal but the markets are pivoting 100% around oil. also in europe. >> at this point 125 on the dow. the best gain for the dow in about three weeks. next up a lot of apple news. the apple watch could come out a bit sooner than we thought. some time near the end of the march. and the next mac book air could look different. expected to din ed ted to ditch every port on the side of the machine. and they h

. >> jon fortt and kayla tausche on a crazy morning full of news, bank earnings, retail news.st buy getting hammered after the company lowers its outlook for 2015 thanks to slow demand and falling prices. the company did see holiday comps rise about 2.5% with big screen tvs and smartphones offsetting weakness in tablets. internet sales hurting big box retailers and we've been having discussions about price parity between best buy and amazon, competitive market and hurts. >> it does. interesting thing to me out of what best buy had to say was kind of a sobering look at the rest of the year, saying that price pressures, would pressure their margins and they don't expect demand to be that strong, coming out of a holiday season where as you mentioned the comps were pretty good. how this follows through for a company like gopro that does so much business through the likes of a best buy, what kind of demand follow through do you see from them. we've seen that stock all over the place. we will look for guidance from companies like that. gives the fact that international markets have

jon fortt here. tell me about the labor market, your workers.see various things out of uber, drivers concerned about their pay. in this kind of on demand economy for work like yours, do you expect to be paying your workers more overtime to do this job or are you going to be dealing with a lot of turnover as the economy improves and maybe those workers move on to other jobs? >> what we have found is that the personal shoppers as we call them, the people who pick and deliver the groceries, these are folks who want the flexibility of time. they want to be able to work on -- between two and three hours a day, two or three hours a week even, and earn a wage while they're doing that. so what we have found is this actually is a supplement to their income rather than them saying that this is their only job. >> and let me ask you, just for our viewers, how your business model works. how does instacart make money? >> so customers pay us a fee between $3.99 and $7.99 for two hour or one hour delivery in addition to that, we get a cut from the retailers as

>> correct. >> jon fortt, what do you make of this speculation? clearly the marketplace, at least some folks in it, believe it could be a possibility by virtue of the twitter move today? >> there's a little bit of a twitter move but given it would take probably as bob just said in the realm of $40 billion to take them out and they're trading in the mid-20 billion now, not as much of a move as you would think if people thought it was about to happen immine imminently. think about the scale of this, this would be one of the biggest tech takeouts in history. google has some experience with takeouts. motorola, a lot would say that didn't end so well, not the way that google expected certainly. so it would -- and twitter has fewer kind of hard assets than motorola did in terms of patents in terms of research facilities so this would be incredibly risky and would set a whole new tone in tech in general. so color me skeptical, but if it did happen, oh, my goodness it would be snuj no doubt. bob, part of the issue maybe twitter says look we don't need any

jon fortt, what's going on with the nasdaq today?e best buy fumes, right, because best buy saying they don't expect consumer demand to really be there heading into the rest of this year. you take a look gopro down 7%. kind of accelerated into the close. but twitter also down 7% there at the end. not that these are all nasdaq stocks. alibaba, which, of course, trades here at the nyse. maybe reaction to that i don't know. the important thing is the intel numbers we expect to get any minute will give a sense of the health of the core pc market. corporate buying because intel has highlighted data center as an area they expect to grow at 15% compound an fuel growth rate for at least the next couple years. is data center keeping up if the consumer isn't. >> we will get to those results in a second. walter, when you think about some of the moves we've seen whether it's from this the swiss, the indian central a lot of stuff happening, these wheels are plunging. i was wondering what your perspective is on how serious an event these historic y

we'll get to you on a busy day, kayla tausche, jon fortt and i on set, watching a market that is lowerg buoyed by thes like of as visa, amazon and apple. all-time high for apple at 119, almost $120 a share, going back to the ipo in december of 1980. >> yeah. and the word of the earnings season in tech is ecosystem i think, and apple is the standout here. they are the ones who really have this combination of retail, of software, of hardware. even though it's high end, they built that out in places like china in such a way, and built a following in such a way, they can succeed in this market despite the currency headwinds you hear about, things that have tripped up the likes of ebay and to some extent google, although the stock is up after earnings. >> visa blowing the doors off the quarter which we talk about as more of a tangential stock to apple. one of the enablers of apple pay and one of the leaders in the mobile payment space. that's good for about 90 positive points on the dow. it's interesting to think about where the dow would be were visa not so stroj todstrong today. >> gdp, o

. ♪ ♪ >>> and welcome to "squawk alley" for a wednesday, joining us this morning, be jon fortt, kaylasche here at post nine. interesting market day setting up. a lot of headline risk. bank of canada cutting rates. rumors about the ecb move tomorrow. the secretary general of opec saying oil prices will return to normal soon. then netflix, of course after the quarter last night 72 cents, beating 45 cents. a lot of discussion about international going pretty well. the notion that tv channels, john and kayla, turning into apps working in netflix's favor. >> that was my question international heading into this where would it fall in the hierarchy of needs in europe, apparently high with shelter and food. >> netflix coming close to making up the ground it's lost in the last six months. i checked the data and actually for the last 15 quarters, 15 out of the last 20 quarters, it's had an average of a 9% move to the upside or the downside after earnings. so that's what happens with a momentum stock. expectations are low or too high and you get a big move like you see today. >> not working in t

if there wasn't enough excitement, "squawk alley" takes to the air, jon fortt has our preview. >> hey to talk about. first of all intel earnings there are pluses and minuses. the revenue in the pc market shrinking but the intel ceo thinks he can grow anyway. plus, xiaomi former google executive why are they meeting with mark zuckerberg and kara swisher of re/code will talk about the next phase of life if it is life for google glass on "squawk alley." don't miss it. s. so this is a great opportunity for an upgrade. sound good? great. because you're not you you're a whole airline... and it's not a ticket you're upgrading it's your entire operations, from domestic to international... which means you need help from a whole team of advisors. from workforce strategies to tech solutions and a thousand other things. so you call pwc. the right people to get the extraordinary done. ♪ ♪ hi. jon and pete najarian here. the popularity of options trading has skyrocketed. but we still hear from viewers every day who don't know how to profit from them. so we wrote an entire book to show you how we tr

. >> let's bring jon fortt in the conversation.e pop in an old tech blackberry now being approached reuters is reporting by samsung. shares responding but still not quite up at that level in terms of price that was reportedly being bandied about. >> there would be a number of hurdles before this becomes absolutely real. there are regulatory issues blackberry is a jewel in canada. samsung is obviously a korean company, but there are things about this that would make sense. blackberry is not the phonemaker it was a few years ago. john chen has really limited the phone exposure to blackberry focused it squarely on mobile device management. you can use their service software to manage iphones, android devices as well as black blackberryies and other devices. also on security, and just back in mid-november blackberry had this announcement they would be doing security work in the enterprise with samsung. samsung is more of a partner than they had been in the past. so there is a lot of reason to believe that this could eventually happen,

thanks so much for taking the time. >> thank you. >> jon fortt, kayla tausche as well.pencer? you're a real estate guy but thoughts op the degree to which 4 x and some of the macro data ha

with us jon fortt at post nine kayla tausche has graceds us with her presence once again.>> good to be back. >> markets in rally mode dow up 245, looks like a lot, the best day for the dow since last thursday but the dow is positive once again for the year. just about. s&p is up to 2053. crude oil, providing some stability here as west texas has once again gone positive. apple shares meantime gaining nearly 3% after getting a pretty nice upgrade this morning over at credit suisse. they see greater iphone 6 sales driving the stock higher on the back of pc sales out last night.

jon fortt is back from the west coast.n west coast time he says. >> yes. >> we'll see how energetic he is. >> i'll be congressked out. no i won't this is so exciting. >> ism was disappointing for december. 55.5 is a miss off the estimate of the 5757. big ten names will continue to have access to easy capital but global capital markets look mixed and says facebook's big acquisition of oculus rift will have a bumpy road. and more interesting is what he tweeted early this morning about the coverage that his blog has gotten on our network and business insider. he starts by saying it is annoying that sproezedly serious media outlets like cnbc and apple insider report that it will be a flop. >> analysts have it from 10 to 20 million units in the first year. most of the stuff was indisputable. such as cyber security will explode in 2013 in terms of bunchts. this is the topic everybody was fighting about. the apple watch conflict. it's so controversial. >> saying it's not going to live up the hyper. >> here is where i think he's w

to jon fortt with a look at what is coming up next on "squawk alley." right. apple knocked the cover off the ball on earnings highest profit in a quarter ever. we're going to keep superlatives on them but analyze what comes next. yahoo! spinning off the alibaba stake later this year as many investors want it. will the emperor have close after that process is done. facebook out with earnings afters the bell. so important to the internet and social media space. all that and more coming up on "squawk alley." financial noise financial noise financial noise your old 401k is rolled over into a td ameritrade ira. yes! so no set up fees! wooh! yeah! so i get help from rollover consultants? wooh! yes! no rollover hassle. great. woah oh, we're spiking things, robbie. for all the confidence you need. that's better! td ameritrade. you got this. [ male announcer ] at northrop grumman, we know in the cyber world, threats are always evolving. at first we were protecting networks. then, we were protecting the transfer of data. and today it's evolved to infrastructure...

jon fortt is here with more on what we can expect. >> that's right. "squawk alley." gopro after plummeting yesterday, is looking the best among a bunch of tech stocks on my radar this morning up better than 3%. what's going on there. and also tesla talking about troubles in china. profitability twice as far away as some had hoped. we'll look at that one today. also netflix, bucking the trend with some of the high flyers going higher on an upgrade. we will look into why coming up on "squawk alley." talking to your rheumatologist about a biologic... this is humira. this is humira helping to relieve my pain and protect my joints from further damage. this is humira giving me new perspective. doctors have been prescribing humira for ten years. humira works for many adults. it targets and helps to block a specific source of inflammation that contributes to ra symptoms. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers including lymphoma have happened, as have blood, liver, and nervous

let's send it over to jon fortt with a look at what's coming up next on "squawk alley." >> a lot on deckcontent strategy new pilots out in the wake of those golden globes wins. a look at where they're headed from here. also, security ceoss with the cyber threat alliance going to make their first broadcast appearance and talk about the future of security for 2015. palo alto networks and intel among the companies represented there. samsung and blackberry say they're not talking about acquisitions but what does it mean for the mobile strategies of each company that the market got so excited about? we will cover it all and more on "squawk alley" coming up. now iblgs 20%. >> it is 11:00 a.m. here on wall street. "squawk alley" is live. ♪ ♪ ♪ we will we will rock you ♪ >> welcome to "squawk alley." joining us henry, business insider founder, editor in chief, good to see you. >> great to be here. >> jon fortt and kayla tausche on a crazy morning full of news bank earnings retail news. is best buy getting hammered after the company lowers its outlook for 2015 thanks to slow demand and falling pr

jon fortt is here. and vested. very nice look. what a turn around we've seen. working our losses.e're well off the lows here, but oil continues to be problematic. what we're hearing is one of the worst days for crude since about mid 2011. down almost 5%. below 46 briefly for the first time since 2009. golden globes last night and the dominant story continues to be the rise of television. we caught up with the big winner of the night. good morning, julia. >> it was a big night for a. amazon. they are very pleased with winning their first golden globes ever. they became the first online streaming service to win beating out netflix in both categories, both best comedy series and a best actor in a tv comedy. getting a big shoutout from both winners. this is certainly validation for amazon which invested $100 million in original video in the third quarter of last year alone, not to mention all the free advertising the wins are for its $99 a year prime video streaming service. they seemed confident amazon will be able to build on those wins. they're really excited about the newest amazo

jon fortt with the ceo of at&t mobile and business solutions. take it away. >> all right. thanks, mandy. ralph de la vega, thank you for joining us. i'm going to ask you to do some reality checks here. you are in a lot of spaces. home motivation. moving more into cars and wearables are connecting to your network more and more. which of these areas, say between home automation and wearables is not there as much? which is more real? >> back to your point is everything is connected in this show. cars are connected. there are autonomous vehicles. everybody wants to connect the home, the car and everything in between. and i love the leadership position that we have had where our vision for doing that is that the smartphone becomes your remote control for your life. with your smartphone and the capables, you can control your car. you can control your home. and everything in between and the coffee pot if you want to. we think there's significant advances coming. what i love what i saw today and yesterday is what the car manufacturers are doing. it's simply amazing. there's ten of

jon fortt is on his way back from ces today. but with us as always kayla tausche on post nine. on a day where the dow is once again positive for 2015. s&p less tan a point away. stocks well into the green. the dow up 28. sec day in a row a good gain after yesterday's one percent gain. chipotle chipotle up as more signs that the consumers spent some money over the last couple months. >> the costco coming in a little like but investoring still like it. barnes & noble with better than expected. pier one imports. saying look the consumer was spending. and wall street is now trying to balance the negative economic data from december about whether the economy expanded in the manufacturing and services sector and some geographies with how much of a benefit the consumer actually got from lower oil. >> back to session highs now. up almost 300 on the dow. 2060. we were below 2000 seems like a few hours ago. we are going to get more chop this year. i guess you agree. >> i think so. and i think the down days are the startling reminder how quickly sentiment can change. it's great to see it

joining us as always this morning, jon fortt and kayla tausche here at post nine.e of the gains from yesterday's draghi led rally but the big story down here at the exchange is box. cloud storage company box going

jon fortt with some key commentary from the ceo there.. >>> we've also got more on facebook, another big mover after hours. >> just want to highlight some news that sheryl sandberg made in our interview a couple minutes ago. she announced facebook has an average of 3 billion video views he have day on facebook. that's up from just 1 billion back in september. so that tripling in video views over just those several months indicates facebook's big play and it really does show that facebook does have an advantage now as it tries to get some of those advertising dollars and to really lure over some advertising dollars from television that's not helping facebook stock which is way down about 2% right now on those operating expenses raising some concerns for investors. back over to you. >> and julia, a lot of joking as well about to what extent the auto play of videos counts. >> certainly. >> so one question about those video views is that facebook does auto play their videos and so some of facebook's critics might point to the fact that measur

jon fortt in las vegas at ces. >> by the way dow close to session highs here. up 176. home builders making their move. as low mortgage rates work their way in. >> let's get to headquarters, wapner and the halftime. >>> thanks so much. welcome to the halftime show. let's meet our starting lineup for today. joe terranova is the senior managing director at at vertis managing partners. josh brown. and jon and pete najarian are the co-founders of option monster. twitter's future market mover bob pek on why so many insiders are is selling and whether a big deal is in the cards. and our battle for trader of the year begins to take shape. the market bouncing back after several rush sessions and getting some help at least initially from crude oil. a good battle today between buyers and sellers. joe, the question is whose right? >> well i this i the ultimate answer in when the return to equities will occur relates to oil itself. and you want to see that correlation where oil is going down, equities are going down at the same time. you want to begin to see that abate. that is sim

jon fortt, thank you for staying. for more on today's market action tim seymour and kenny polcari. any impact today? >> there was light volume today. we only traded 640 million shares. >> that's my point. is that a snowstorm thing? >> i'm not so sure it's a snowstorm thing? i think the volume has been light. might blame some of it on the snowstorm. i think some of it is the market trying to digest the most recent news, the ecb, the greek vote. it wasn't unexpected so the markets kind of refocusing on u.s. macro data. >> are we overlooking of the shake up in greece? >> it's a complicated story because they didn't get the supermajority that would have given tomorrow the total power. however, they've chose to create a coalition with the independent greeks party which is largely pushing for austerity and restructuring which clearly europe is not going to do but both sides and that means europe and the greeks at this point say it's not about pushing to separate from the euro. that's the most important thing for the markets

jon fortt and kayla tausche on a day where the markets are in the lead. the volatile sell-off at the get-go after sales disappointed for december. pretty modest quarter out of jpmorgan. meantime tesla and other things at work. but in general we've bounced around the 2,000 level on the s&p and oil we're watching closely which is moderately in the green right now. mike, people either don't want it to believe the retail sales number and if they do they say it points to we have a problem. >> skittish market to begin with. copper prices collapsing overnight. a lot of these big asset markets moving in ways that seem to keep people on their heels. i think the retail story more important than normally the kind of typical monthly retail sales number because coming into the year the new story had to be the u.s. consumer was the strongest element in all the world's economies. if that gets compromised at all, i'm not saying it is undercut right now, but that's why it matters today. >> do you think we are not seeing the savings on lower gas prices trickle through to r

jon fortt in his words, ibm's engine. >> right. >> well -- >> the price alone is making it closer to jump in. a low price without a fundamental story. >> fundamentals are deteriorating with the price. it's not like oh, everything is -- this is 11 straight quarters of down revenue and guidance that continues to be slashed. so yes, the price is coming down, but so is the outlook. >> but they're shifting. they are shifting. i give them credit for one thing they are shifting to the cloud, they're late, they don't own the space, they have moved there and that's becoming a bigger and bigger part of their revenue. when you look at old line revenue that's the real problem right now for ibm. >> all right. >> they are shrinking shares. >> rumors of a bond buying announcement from the ecb tomorrow are swirling and ubs's paul richards says where there's smoke there's fire. he's up next. plus, we talk to a fund manager making a big bet on europe right now and placing big shorts on one u.s. sector, probably will surprise you. and nfl hall of famer barry sanders joins us live. pete once tried to ta

joining us as always this morning, jon fortt and kayla tausche here at post nine.usy morning as the markets gave up some of the gains from yesterday's draghi led rally but the big story down here at the exchange is box. cloud storage company box going public at the nyse. shares soared early on in trading. 2260, about a 61% gain, we talked to box ceo aaron levie in the last hour. and we asked him why he priced the company the way he did. here's his answer. >> our job is to try to get a fair valuation for the company in this process and i think that was the strategy we employed and let the market figure out what the pricing is from there and i think given the growth of the business, you'll see kind of what we're up to. >> all right. aaron, congratulations. >> thank you. >> there's a -- read in the paper like you, google's xhods tized, not making money, don't know when they'll make money, you could make money tomorrow if you wanted to curtail growth, i understand it, and you are far more security oriented than google. in cyber security matters tremendously right now.

he has been a part of the apple board since 1999, viewed by many, including our own jon fortt, as theail confidant for apple's board and its ceo. so mickey drexler, again, stepping down, or plans to retire from apple's board. more details as we comb through more of these filings from apple, guys. back over to you. >> thanks for nap. >>> big day for the airlines. southwest beating estimates on top and bottom line. the stock soaring on this beat. and united continental missing on earnings. united saying thes benefiting from declining oil prices and could soon restart its buyback program. and the nyse index hitting its highest level since 2002. >> we almost won, too. >> not really. >> no, it wasn't close. >> i will mention that tim and his bull debate was talking about that and i think the domestics are the place to be. jetblue had a massive day today, it was up 7% and breaking out to multi-year highs. but here's the thing. someone like united, it seems like southwest is very good with the whole hedging thing. united less so. and who knows where oil goes from here. they both shed their h

however our cast is the same this morning, jon fortt, kayla tausche here at post nine on a day wherearkets have lost momentum even though we got a nice start with the likes of apple and boeing. apple, shares are still positive, soaring after fourth quarter earnings absolutely crushed expectations. the company sold more than 7 4 million iphones in that time hosting the largest profit in corporate history. josh lipton talked to tim cook and he's live in san jose this morning. >> apple stunned wall street and investors with those latest results. the big number in that report as you mentioned, apple shipping over 74 million iphones. that is way more than the street expected and it sold those phones at higher prices. the average at 687 was the highest ever according to ptig. the results for the flagship product helped soften the blow of another disappointing quarter for ipads. apple shipped 21 million ipads a drop of 20% and when i spoke to apple's ceo tim cook he said there could be some in his words can ballization taking place between the mac on one end and the phone on the other. also

. >> kayla is out, jon fortt with us as well covering intel which we'll get to in a moment.lly quick as sara said, the dow up about 70 points. real story it continues to be the euro after the move by the swiss this week people getting to make positions ahead of ecb. the euro at an 11-year low below 1.15. oil the other big story close to session highs as we saw consumer sentiment numbers at an 11-year high making everybody wonder if the december retail sales were that bad. we'll talk about that in a moment. kevin, on the currency aspect, i wonder, you've got to have opinions about whether people should be allowed to trade currencies, levered 50 to 1. >> i don't mind that. the market is the market. largest market on earth. the foley of this is with the swiss did in pegging their currency in 2011. you know, my dad is swiss. we have a home in geneva. been there 40s years. i have swiss francs and use them to pay the expenses of what i have to cover in switzerland. when they pegged it i realized the attention is going to be horrific because the best run economy on earth is switzer

with us as always, jon fortt and kayla tausche here at post nine on a busy day for the markets. has probably what you would call the lead, 60 billion euros a month in quantitative easing for the first time over there through 2016. has succeeded in rescuing equities quite a bit. s&p is now within about 8 points of going positive for 2015, back to the 50-day moving average. euro tumbling on that muse as well, below 1.15. yield on the 10-year has been all over the map. we will try to cover that and technology as best as we can. what a flurry of news in the mast few hours. >> our next guest has a lot of thoughts on the markets an where we're going. less bring in trend macro chief don luskin, good to see you. >> thanks, kayla. >> the ecb's announcement has been called a battleship, bazooka, going to last longer than expected, larger than originally tell graphed, but how effective does the buy side think the program as laid out today will be? >> you know, this is one of the funniest things i've ever seen in terms of market sentiment. we've been going through months and months where ev

. >> jon fortt, kayla tausche as well. your take this morning, spencer? you're a real estate guy but thoughts op the degree to which 4 x and some of the macro data has taken people by surprise? >> it's a weak earnings season so farp. couple stalwarts coming and hopefully betters into out of them. as a public company ceo i try to block out the noise and try not to overreact. jim cramer hit the nail when talking about there will be big sell-offs today by the end of the day, by tomorrow if you have a long-term view you can get perspective. ri not to overreact. >> when you manage in a macro fire storm like we're seeing with low oil, strong dollar and interest rates taking a rather unpredictable turn, how much stock do you put into some of these macro issues in terms of your daily operations or do you say, let's wait six weeks, eight weeks, to see how much they really affect us? >> it definitely affects psychology. on a day-to-day basis making hiring decisions all the time, add dozens or hundreds of people. when you see the stock market react and see these mac

jon fortt is on his way back from ces today. but with us as always kayla tausche on post nine.day where the dow is once again positive for 2015. s&p less tan a point

jon fortt live at the consumer electronic show in las

over to jon fortt with a look at what is coming up next on "squawk alley" with the dow up 150 points r you, sara. we've got microsoft, the writer for wired who got the first look at that will join us. google, is it a good idea to sell wireless service? we'll dig into those plans. adam jonas on tesla coming up on "squawk alley." ife special by being apart of it. (everyone) cheers! glad you made it buddy. thanks for inviting me. thanks again my friends. for everything for all your help. through all life's milestones our trusted advisors are with you every step of the way. congratulations! thanks for helping me plan for my retirement. you should come celebrate with us. i'd be honored. plan for your goals with advisors you know and trust. so you can celebrate today and feel confident about tomorrow. chase. so you can. tdd# 1-800-345-2550 [ male announcer ] your love for trading never stops tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so if you get a trade idea sc

we'll get to you on a busy day, kayla tausche, jon fortt and i on set, watching a market that is lowerzon and apple. all-time high for apple at 119, almost $120 a share, going back to the ipo in december of 1980. >> yeah. and the word of the earnings season in tech is ecosystem i think, and apple is the standout here. they are the ones who really have this combination of retail of

jon fortt has our look ahead to that. >> good morning.le might have its eyes in the stars, possible investment in spacex. elon musk's other venture. we will look into that. netflix reports after the bell were they sandbagging last quarter with the reduced guidance or is international growth kind of uncertain. is that going to hit them? we'll look at that. finally walt mossberg on why you shouldn't necessarily feel the need to upgrade every time a shiny new gadget comes out. all that and more on "squawk alley" up next. >>> good tuesday morning. it's 8:00 a.m. at space x headquarters in california 11:00 a.m. on wall street and "squawk alley" is live. ♪ ♪

. ♪ ♪ >>> and welcome to "squawk alley" for a wednesday, joining us this morning, be jon fortt, kaylaing market day setting up. a lot of headline risk. bank of canada cutting rates. rumors about the ecb move tomorrow. the secretary general of opec saying oil prices will