>> dana, jon fortt. obvious that they're in the white house where that picture is being taken and then the commercial trailer. i'm wondering, boston sort of begged for an early release of "house of cards" given that they were snowed in. you know if netflix considered it? >> not that i know of. i wouldn't do it. we have a schedule that we stick to and they should move and live some place elsewhere the weather is better or go on a vacation during those days. we accidentally released the first ten episodes when they were uploading them or getting prepared to run on friday and they were live for about 23 minutes. so i think some people got a quick sneak peek at stuff. >> on a more serious note, "fifty shades of grey," you were involved in social network. it occurs to me, these are stories of billionaires, rich, dangerous people. are we in an era where those types of stories about that personality more interesting? >> i think we've always been in that era where, you know, people of intrigue are interesting an

jon fortt, is that true? >> i think it is. this is not steve jobs' apple.ve jobs was a hoarder and he had a fraction, small fraction of the cash that apple has now. tim cook has a different outlook on it. it's no secret i think from just a technology perspective strategy perspective we are living in a unique time. the dominance of apple, the way it's executed the vision, but the question i think is for the next phase. they've sold so much hardware, i don't know that there's the scale of growth on the horizon at the iphone has shown, tim cook is implying he thinks it's there with the iwatch. i think the question is can they to it again with a different business model for services on top of these ios devices. that's really hard to do. >> don't tell tim cook he can't grow. at the same conference yesterday he said the law of large numbers does not apply to apple. it's dog ma, the company can continue growing and because it's big doesn't mean it will be stunted. they had a blowout quarter. seems hard to believe that growth at least at that pace can continue goin

jon fortt has more on the company's results. >> that's right.p more than 3% after hours after john chambers gave guidance on the call. unusual, normally he doesn't give it. the guidance was in line with analysts' expectations. a lot of big enterprise players had taken the opportunity to guide down given fx and other headwinds and because cisco is known to sandbag their guidance chambers talking about how strong cisco has been over the last six quarters saying they have gone from negative 6% to 7% growth in q2 and saying we remain cautiously optimistic. we continue to listen to the call. the stock up nearly 4%. >> you mentioned europe middle east africa why would they have done so well? >> it's not clear. and so analysts will certainly want to know on the call because chambers said they even had growth in southern europe which john chambers was not slow to point out was unusual in the enterprise enterprise. they had had trouble there along with everyone else but they're managing to find growth in that region and also in asia at large, though chin

now let's send it over to jon fortt with a look at what's coming up on "squawk alley." the "squawk alley" tease which is a bit less exciting perhaps than the "sports illustrated" tease. we've got a lot of great things to talk about. tim cook at the white house talking about cyber security a and next steps there. senator ed markey talking about car hacking and what we need to be careful of now that we know the extent of what can happen and michele phan the youtube star will join us to talk about what's next in social the empire she's building all that coming up on "squawk alley." we choose to carve our own path, in the pursuit of exhilaration. the 306 horsepower lexus gs. experience the next level of performance, and there's no going back. sunday dinners at my house... it's a full day for me, and i love it. but when i started having back pain my sister had to come help. i don't like asking for help. i took tylenol but i had to take six pills to get through the day. so my daughter brought over some aleve. it's just two pills, all day! and now, i'm back! aleve. two pills. a

nick joins us this morning, columnist for "the new york times" as always jon fortt, kth on kayla tauschecoming the first u.s.

to jon fortt with a look at what's coming up next on "squawk alley". >> we'll look into why google andbe getting into each other's faces and maybe a bad way. sap founder hosele plotner to talk s 4 and 3d printing stocks blowing up in a bad way. we'll take a look at why coming up on "squawk alley." your mom's got your back. your friends have your back. your dog's definitely got your back. but who's got your back when you need legal help? we do. we're legalzoom, and over the last 10 years, we've helped millions of people protect their families and run their businesses. we have the ri t hasso plattner, 3d 3d, hasso hasso plattner, 3d 3d, hasso . >>> three days to go until the big jobs report. that means another opportunity for you to nail the number. tweet us your predictions for january's non-farm payrolls. the handle @squawkstreet use the #nail the number. the lucky winner will receive a useful prize perfect for winter. ear muffs. and they are autographed by the entire squawk on the street gang. the estimate for jobs is 235. you have one minute before the jobs report. we'll send it over

let's check in with jon fortt as to what will be on "squawk alley," including, of course janet yellen're going to be looking at net neutrality that vote is coming up but it got more complicated with a last-minute twist. also dicks costolo twitter saying you actually don't need to tweet. we'll look at whether that holds water based on the trends in the service and finally, hp earnings, a couple bright spots but a lot that aren't so bright. all that and more coming up on "squawk alley." ♪ there's confidence. then there's trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts mean your peace of mind. now you can get the works, a multi-point inspection with a synthetic blend oil change tire rotation, brake inspection and more. $29.95 or less. if you're running a business legalzoom has your back. over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. do you want to know how hard it can be to breathe w

. >> to jon fortt with a look at what's coming up on "squawk alley." >> it's valuation friday.billion, boy did facebook get a deal we'll dive into that. also got intuit ceo and exclusive day after earnings and all the troubles during the quarter apparently they were able to overcome a lot of that and the billion dollar start-up club, there are a lot of them. a look at why coming up on "squawk alley." when the moment's spontaneous, why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden

. >> that's a good segway to go to jon fortt with a look at what's coming up next on "squawk alley."bill gurleys the vc from benchmark to talk about valuations and more. more details on the apple watch, how long that battery will last and finally "house of cards" is out. a review from "time" magazine. all on "squawk alley." tune in. in my world, wall isn't a street. return on investment isn't the only return i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty dollars. jack's heart attack didn't come with a warning. today, his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before your begin an aspirin regimen. over the next 40 years the united states population is going to grow by over 90 million people and almo

what jon fortt has in store for the next hour on cnbc. >> good morning, simon.ality rules. we'll have mark cuban who has made his feelings clear about that dialing in. the hyper loop closer to being a reality elon musk's public transit vision. someone is working on building a piece of it. the "house of cards" produce who worked on "fifty shades of grey" how streaming companies are changing the game. all coming up on "squawk alley." say you're a finance guy. a farmer. a researcher. you used to depend on experience. the internet. your gut. today you can use ibm watson analytics. it can make sense of all kinds of data. uncover hidden correlations and new opportunities. and give recommendations with more confidence on who will buy. what to make. where to plant. which helps you make smarter decisions. there's a new way to work and it's made with ibm. hey, girl. is it crazy that your soccer trophy is talking to you right now? it kinda is. it's as crazy as you not rolling over your old 401k. cue the horns... just harness the confidence it took you to win me and call td

our jon fortt, thank you so much.ndw and the s&p falling into the red for the year but does bill miller see this as a buying opportunity? he joins us next in an exclusive interview. and social media and cnbc.com buzzing about a former janitor who secretly amassed an $8 million fortune thanks to some savvy stock picks. we'll find out how he did it from his lawyer later on "the closing bell." 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 with personalized guidance and online tools. visit a branch, call or go online today. being a keen observer of the world has gotten you far but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered b

jon fortt, are you worried?gued because, you know, being in media you want to see media do well. i have a couple former magazine colleagues now working for mashable. how do you invest that money so it becomes a sustainable business model for the long term. a lot of people who saw similar things happen 10 15 years ago worry about, well a lot of the ad money that's there now might not be there forever. when there's a downturn will you still be profitable? >> absolutely. being a decade old company we've been through the highs and lows of the market. i think speaking to magazine colleagues coming across, we're very fortunate we were able to build the technology platform the cm s where journalists could come across our editorial times, two of them are from "the times." you are seeing that talent movement. when you talk about what's next the next wave is obviously video. we're investing a great deal in technologies. we have a technology platform called velocity which we have used internally. it predicts what's going t

jon fortt at post nine. busy session the dow erased almost all losses as walmart has gone positive. talk facebook first. first up mark zuckerberg looking smart today. a new note by cohen valuing instagram at $33 billion. remember facebook bought the company for a billion back in 201. the analyst says instagram is a valuable asset for facebook and pegs the company as one of its top picks in 2015. they see maus going to 680 by 2020. >> yeah. >> are we getting over enthusiastic? >> we are. i mean 2020. i mean, instagram didn't exist, i don't know, four years ago. uber didn't exist three or four years ago. i mean, honestly the idea of deciding what's going to happen in 2020 seems much but this is what wall street analysts like to do. it's a great brand by the way and he did get a deal for it for sure. >> it is, kara. where do you think we are in the hype cycle here. lots of people wondering whether this is a bubble. i keep looking at the fact that a lot of this money is going toward the top tier type start-ups in names. it's still going to the ubers, still going to the snapchats. once i

jon fortt here at post nine. interesting market session.but s&p is getting attention. start with twitter, shares soaring after the company beat last night and that is a relief for ceo dick costolo who has been under fire for the lack of a clear strategy to mon

joining us henry blojette founder and ceo of business insider, kayla tausche is out but jon fortt isere. good morning. interesting session setting up. stocks close to the highs on levels of the year on the hopes that europe gets a couple issue are sorted out. cisco earnings which we'll talk about. start with tesla, shares tumbling after the company reported a quarterly operating loss with fewer vehicle deliveries than analysts expected however ceo elon musk sounded pretty confident on the conference call last night. take a listen. >> if you take this year's revenue around $6 billion or thereabouts and if we're able to maintain a growth rate for ten years, and achieve a profitability number, and have a 20 p/e our monthly cap would be basically the same as apple's today. >> henry, i have to know what you thought about his ambitions, right, and the capability of investors to keep up and have patience for the ambitions. >> tesla has always been a future story. you have to believe in lots of things that are way too far out to sea now going right to justify the price. that is some heroic a

. >> renaud, this is jon fortt. you're saying that you're going to spend, it sounds like, a lot of this money on people, on engineering. can you be a little more specific? do you see mobile developers as being key here? are you investing in big data, in date a base developers? what's the bulk of that going to go towards? >> two main areas of investment. one is of new products and it does include new delivery platforms like mobile, it does include the enablement of new partnerships like the one we announced with google and alibaba and a number of community banks over the last month. it also includes a lot of automation, as we want to continue to preserve our low-cost advantage against the other traditional carriers and continue to use technology to automate tasks that would be manual in the more traditional environment, which both lowers cost in the long run, but also helps us deliver a better experience to our customers by putting less of the burden on the customer, to go for the loan application process and loan se

again this morning, jon steinberg, ceo of the "daily mail" north america as always, kayla tausche, jon fortt a day where the market is hanging on to gains, watch oil, though, awfully close to $50 once again after inventories came in heavy. let's begin with disney, shares in the green after earnings and revenue obviously topped expectations. the company was helped by a jump in theme park attendance as well as strong sales of those "frozen" themed toys. julia boorstin spoke to bob iger in a first on cnbc interview and she's live in los angeles this morning with more. hey, julia. >> hey, carl. on the better than expected results bob iger sounded confident growth will continue on the strength of disney brands including "frozen" and on digital innovation. as to whether offering espn with dish's over-the-top streaming service could drive cord cutting, iger said simply no. >> we believe that in a media environment changing right before our eyes, that some experimentation is necessary and i don't want to just chalk it up to an experiment because we believe this is goings to last, but we are going to

joining us jon steinberg ceo of the daily mail north america, jon fortt and kayla tausche with us as taking a look at the markets, we'll get to "house of cards" in a moment but right now dow is weak. chicago pmi a bit of a disappointment as well. the lowest since 2009. still watching for nasdaq 5,000 this morning. not quite there yet. and the meantime apple is a big story, getting the first big details of the apple watch after tim cook spoke exclusively to british newspaper "the telegraph" telling the paper the watch's battery life will last an entire day and charge faster than an iphone. it's designed to be able to get this replace your car keys, also monitor heart rates, have a special rewards system to get people to exercise. cook went on to say consumers will have an incentive to wear the watch for as much of the day as possible even in the shower. to me the lead might have been the car stuff. your take? >> i doubt it's going to open your car out of the box for most people. i'm not sure that's a leap for me. i think the question is how quickly will it recharge. i have to recharge

morning, back from a few days vacation jon steinberg, ceo of the daily mail north america and back jon forttod to see you and kayla tausche, of course, has been holding down the fort with me. interesting market day, dow off and the nasdaq off a touch. still about 100 points or so from nasdaq 5,000. mixed results this morning but obviously tech is becoming more and more part of the conversation. a lot since the tech bubble in 2000. dominic chu is back at hq with more on that. >> so carl, what's interesting is the comparison between what we're in a bubble now versus what we were like in 1999 and 2000. one of the things that people are looking at right now is the ipo market and what it signals at least about whether or not we're in a frothy bubble-like situation. you guys are going to talk about snapchat later on. let's take a look at some of the ipo statistics from then back in 1999 versus today or at least last year, 2014. now we asked the renaissance capital folks that manage the renna san etfs and they take a look at other metrics. first of all, back in 1999, we saw a total of 486 ipos. new

jon fortt here at post nine. interesting market session.e're off the highs, but s&p is getting attention. start with twitter, shares soaring after the company beat last night and that is a relief for ceo dick costolo who has been under fire for the lack of a clear strategy to monetize those users. user growth slowed in the fourth quarter where the company blamed an apple ios upgrade and we asked costolo about that as well as the pressures from irn vesters in an exclusive interview. take a listen. >> it was two distinct things that happened. one, in the upgrade from ios 7 to 8, there's an auto pulling mechanism for safari users that authenticated into twitter that previously auto pull, the tweets -- pulled tweets down for those and that was 3 million users, that auto pulling went away in ios 8. we don't expect to get those 3 million users back as we indicated on the call. the second issue a bug related to the way twitter is integrated into ios. it's not a one-size-fits-all fix for us. we've been working hard the moment we saw that bug on our

. >> i remember the day the ipo jon fortt said here that jack ma needs more jack mas in china becausemuch scrutiny and attention to him. i would agree you would probably agree? >> there is a lot of scrutiny, but look, he has done an incredible job building the company to where it is today and ultimately, you know, the share d the stock market is kind of like a mission in the short run and a vain petition in the long run and eventually the results will speak for itself. >> venky, always good to talk to you. thank you so much. >> great to be here. >> we'll see what happens out west happens today. talking cyber security and a lot more. when we come back ahead of nba all-star weekend we will talk to the man behind the most successful basketball game of all time. that's chairman and ceo strauss zelnick will join us in a first on cnbc interview in a moment. kara swisher going to interview president obama on cyber security but first, she's going to talk to us, that's coming up in a few minutes. if you vice president done your valentine's day shopping yet it's not too late. the cofunder of bi

. >> jon fortt is here at post nine as well as calls, but before we get started on all the news in thekets and tech mary tomson has breaking news on american express. >> hey there. this is a statement from american express and the wake of a district court judge rulinging the firm did violate anti-trust law as charged by the doj in 2010. american express is disappointed in the decision and plans to appeal. the company goes on to say the court's ruling will not provide benefit to consumers and will, in fact, harm competition by further entrenching the two dominant networks. a shot at visa and master card. we continue to believe the doj's arguments are flawed and we should prevail on appeal. the judge did give the company and doj 30 days to provide some kind of proposal saying there was middle ground to be found here. we don't know whether an appeal would prevent american express from presenting that proposal. we'll have it when we know. back to you. >> mary thompson at headquarters, thanks so much. american express, walmart and chevron leading the dow lower today. first up a big new valu

joining us this morning kevin o'leary chairman of o'leary funds investor on "shark tank" and jon fortt and kayla tausche where the market had good gains at the open but lost them awfully quickly. we have had comments from the german finance minister that perhaps all this encouraging news over the negotiations between the groek government and the eu not going as swimmingly as we thought. the reason the dow is up only 29 points. in addition to coke earnings and other things. 8:00 a.m. at google headquarters in mountain view, california, 11:00 a.m. on wall street, "squawk alley" is live. ♪ ♪ >>> first up today, the u.s. government announcing it will create a new agency dealing exclusively with cyber security called the cyber threat intelligence integration center will focus on sharing intelligence and coordinating responses to major cyber attacks. the same time, apple's ceo tim cook says he will speak at as white house event on cyber security this friday in california. cook will join other tech executives an government officials to discuss cyber security policy going forward. jon, i'm rem

. >> jon fortt, kayla tausche. interesting show. markets performing pretty well. up 150, gone positive for the year. broader market making back some losses from yesterday. those ecb comments on greece, jobless claims better than expected again, ahead of the jobs number tomorrow and then a lot of earnings, dunkin', sprint, yum, lifting those stocks, 20th century fox sliding through the session. coors down in the premarket working back. some of the guidance on comps is a little disappointing. some of the luxury retailers like coors and taven ifeny and ralph lauren have been raising questioning whether tourism from europe or something else. >> some of the data for the month of december, the holiday season spending presaged what we're seeing today. there were some signs that maybe for retail earnings would be as bad as it has been. the one thing i keep hearing about this morning from traders in the market is labor costs rising 2.7% for people who are looking for a sign of inflation, for a sign of wage growth, perhaps they're saying that's a better indication that mayb

. >>> over to jon fortt with a look at what's coming up on "squawk alley." jon?utting feelers out. is it going to be your next tv provider. could a tv set be in the works? twitter earnings after the bell. lots of action in that company. what might be coming up next. better call saul the prequel to breaking bad, two actors to talk the future of television coming up on "squawk alley." i've been called a control freak... i like to think of myself as more of a control... enthusiast. mmm, a perfect 177-degrees. and that's why this road warrior rents from national. i can bypass the counter and go straight to my car. and i don't have to talk to any humans, unless i want to. and i don't. and national lets me choose any car in the aisle. control. it's so, what's the word?... sexy. go national. go like a pro. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. . >>> good morni

bring in jon fortt to see what's on deck. >> we're going to talk about tesla flipping after the resultsnd also with the new insane button equipped tesla going to talk about cisco, that is soaring after they're growing in europe and across the board, doing pretty well. have they mastered the next generation data center. apple at another all-time high. are they worth more than a trillion today like carl icahn thinks? we'll dive into that coming up on "squawk alley." know that chasing performance can mean lower returns and fewer choices in retirement. 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 with personalized guidance and online tools. visit a branch, call or go online today. >>> good morning. 8:00 a.m. at tesla in california 11:00 a.m. on wall street. "squawk alley" is live. ♪

well, he's back the good news in new york jon fortt, back from skiing and ready for the alley. >> heyillion. that's what whatsapp got from facebook, actually a little more a year ago and that's the valuation where snapchat is reportedly raising money. we'll dive into that. spencer ras cough, ceo of zillow fresh off his conquest. shake shack, he has a new one, coming up on "squawk alley." e financial noise financial noise financial noise financial noise 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 schwab can help you take it on. tdd# 1-800-345-2550 we're getting a lot of questions tdd# 1-800-345-2550 about organic food stocks. tdd# 1-800-345-2550 [ male announcer ] sharpen your instincts tdd# 1-800-345-2550 with in-depth analysis by schwab experts. tdd# 1-800-345-2550 and if you want to run your idea tdd# 1-800-345-2550 by a schwab trading specialist, tdd# 1-800

david francis was head of the report and also joining the conversation is our own jon fortt. david, thanks for joining us. tell us the effect that obama care has had on the health care industry and why it's more consumer jor gentoriented. >> thanks for having me first. it's as much obamacare as it is general economics in the marketplace. if you look how much health care costs have expanded over the last several years, employers are doing a big move of trying to push the cost of health care to their employees and ultimately that becomes the consumer. if you look at the number of consumers that have had their health care deductibles go up to a level that's over $1,000 over the last eight years, that number has exploded fourfold in that period of time. over 40% of americans today are now having to pay high deductible it's fors for their health plan and for the f.i.r.s.t.irst time in seven decades we're paying more out of our own pocket for the health care and it's changing the dynamic. >> before we bring in jon, tell us the names you think are set to benefit from this opportunit