kara swisher weighs in. >>> and the battleground of technology. why he's working with both apple and google. >>> s&p at 1972. an all-time high. back in a minute. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours. to build something smarter. ♪ some come here to build something stronger. others come to build something faster... something safer... something greener. something the whole world can share. people come to boeing to do many different things. but it's always about the very thing we do best. ♪ >>> welcome back to "squawk alley." check out the casino stocks moving. gaining revenue since mid-2009, but analysts say the decline has been priced into the market. deutsche bank adding it thinks the worse is over, negative impacts from the world cup soccer will soon end. as a result, wynn, loss vegas, mgm a

joining us from delivering alpha today, kara swisher, jon fortt here at post nine and ceo, jon steinberg morning to all of you. kara, quite a morning. you're going to moderate a panel at delivering alpha later this hour. walk us through what you're doing there, and then, of course, we'll get your thoughts on murdoch and time warner. >> i'm talking with jim breyer, happens to be on the board of 21st century fox. interesting how he will get out of my questions, but -- then talking to another fantastic investor and talking where investments are going, and in front of a group of finance people, about what's happening in silicon valley. although all the action is back in mediaville in new york. fascinating. >> first take on this move that murdoch has made. your thoughts on it and where does it go? >> he's crazy like a fox. what a fantastic entrepreneur in a lot of ways. we used to be with them, and, but it's really an interesting idea. obviously, we think it's about cable. about making a bet on the cable business which is a troubled business over the long term and lots of technological challe

on the newsline, kara swisher, go executive eder for rico, wish you were with us on set. we'll make it work through the magic of tv. start with microsort, citing adella writing a 3,000 beige memo to his employees giving an interview to the "wall street journal" as well reiterating many themes heard since in a dello took over as ceo. seems to be laying groundwork for major change including possible layoffs. that's the read in some circles. kara, what do you make of that? and idea of committing to the x bosse e box. >> he's got to make these statements. 1yu69 gotten there, and gotten there after a few months, had time to think about what's going on and he's got to carve this out of his administration, essentially post-steve ballmer and what he put in place. define what's important for the company. one of the areas is focusing on how big the company is and you ho big it should be and whether they need all of those people. and keeping employees that are motivated to be there. sort of a warning shot. those employees, a lot of people, it's called rest in best in microsoft. and

kara swisher, thank you for joining us this morning as well. >>> and have a great weekend, kara. >> three-day weekend. >> thanks. >>> meanwhile, dow is holding steady above 17,000 up up 67 points into the green. s&p up 7 to 1981. nasdaq up 19 to 4477. just a couple hours into the open. one of the big movers we're watching this morning is pet smart, well into the green after news hedge fund the partner plans to explore a sale. petsmart currently the biggest winner on the s&p. also the tobacco giant, another s&p stock in the green today. stock rallying on david faber's report earlier in the show reynolds is on track still to buy one of its rivals within the next few weeks. seems tobacco deals are forging ahead. >>> when we come back, talked about google blocking a merrill lynch executive a few minutes ago. the reporter that wrote that story join us live a little bitter thas hur. >>> you've heard of retear economies jumping into the online market. what about the other way around? explanation why he's planning to quadruple his store count over just the next couple of years. >>> what can one perso

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kara swisher of re/code. minority shareholder in, nbc, a partnership as we're sharing this morning. >>> watching the markets this morning. dow down 147 points. we did get higher durable goods orders this morning, but weak shipments led a lot of economists to start cutting q2 gdp number. why we're seeing a sell-off as well as geopolitical concerns going into the weekend. s&p 500 down 10. nasdaq down 31. a lot still made up of by amazon. amazon, of course, with its earnings out after the bell yesterday, as we've discussed, the nasdaq is led into the red by that. visa cutting its sales outlook. dragging on the dow. wlo looking at amazon down 11.2%. pandora also posting weak numbers, down double digits. gm a downgrade from deutsche bank. stock down almost 3% here just a couple hours into trade. we have broad movers to the down side across the board. some earnings, some growth but a lot to go around today. >> one crazy ipo. take a look, meanwhile, what's moving to the up side. could this be the next chipotle? the

on the newsline, kara swisher, go executive eder for rico, wish you were with us on set.of tv. start with microsort, citing adella writing a 3,000 beige memo to his employees giving an interview to the "wall street journal" as well reiterating many themes heard since in a dello took over as ceo. seems to be laying groundwork for major change including possible layoffs. that's the read in some circles. kara, what do you make of that? and idea of committing to the x bosse e box. >> he's got to make these statements. 1yu69 gotten there, and gotten there after a few months, had time tonk