for "on the money," i'm kayla tausche. >>> here's a look at what is happening in the next week. americans opened their wallets faster than expected. retail sales rose by 1.3%, the strongest rise in a growth. this is always a closely watched number. it was a wild week for stocks. on tuesday, the dow had its best day in almost two months but gave almost all of them back on wednesday on weak earnings by disney. stocks fell later in the week. it might be time to think about refinancing. mortgage rates fell to a three-year low with a 30-year loan at 3.75% this week. that's at least related in part to the yield on government bonds. it could be a battle of retail -- walmart will start testing two-day shipping service that will require a subscription of $49.99 a year. it's an effort to take on or fight off amazon which mails about seven times the number of packages as walmart north america. >>> the greatest art collection hidden in a vault or in a place you wouldn't think of? very few people have been around to see it. we'll take you there. >>> and later, looking to find meals that won'

for more on these results and the company's future kayla tausche. e ceo jack dorsey in an exclusive interview. kayla? >> thank you so much, kelly. thanks to jack dorsey for making time for the company's second aerks report. >> thank you. >> the stock initially soar and then it came back to earth potentially because the loss was bigger than expected. talk about the componentthat made up the loss that you reported this quarter. >> what loss are you speaking to? >> the loss of 14 cents per share. the estimate was 9 cent per share. >> the loss was reported around litigation, which we just reached a biejd term sheet, which we're really happy to put behind us now. one-time charge. >> one-time charge. >> yeah. >> and it had been out there for years. >> yeah, yeah. >> the revenue number is quite higher than analysts had expected. you told us last quarter that revenues were going to lead you to profitability because you were selling so many devices, selling so much software. what's behind the revenue this quarter in. >> the core business is really strong. the

thank you, kayla tausche. and what are you making for the numbers, michal?> well, a few more numbers 10 billion video views which is an incredible number. if these numbers are correct for valuation, this puts snapchat up there with the highest values tech companies and the pall pallenteers of the world, and so it is interesting to see the increase in tech, but we will watch that one >> and jon, snapchat management is thinking several generations down the road. >> and yes, that i have a brilliant thing they are -- they have a brilliant thing they are doing with the video the create a little bit of a time, and then encourage you the stitch it together in a story, and one story plays after another and it is an addictive engagement they have hooked up there, and then word to twitters in the private market, and so you don't know how that is going to be translating on the twitter market cap, and it is hitting the lows and down to $10 billion but you are wondering in the light of day, when we start to see whether snapchat can scale, how many advertisers it can get

. >>> square trading lower, but it's what ceo jack dorsey just said to kayla tausche about twitter. >>> the action today wasn't in stocks, it was in bonds and the dollar, soaring ahead of the all important jobs report tomorrow. so would it be better for stocks strong report or a weak report? is good news good news? what is the deal here? for stocks specifically, i think you want a weak report. a strong report back into the corner that they don't want to get themselves backed into it. i think the data, the last six or nine months mixed at best. if you want to be bull initiative stocks at these levels, i think to answer your question you need a weak jobs report. >> i think people feel the data is getting increasingly weaker. you're at place where the u.s. economy is weakening, whether the fed or other central banks are doing what they need to do. i think you need to see a strong number. your presumption is the fed is going to go. we got out of a fed meeting last week and no one said it was going to go in june. i think the market needs to see good data. good equals good. bad equals bad.

. >> mark, this is kayla tausche. >> hi, kayla. >> you mentioned instagram, and oculus and what's app, and you say they should be public company, and what is wrong with facebook being the highest bidder, and being a public company and let investors in that way? >> well, you don't get into it. when you have a $290 billion market cap like facebook, and more power to them. congratulations to mark zuckerberg for recognizing that if the guys are not going to be going public, i might as well snatch them up, but they become on the margin companies, and look at it, again, looking at the alternative. if we are look at the instagram's growth rates and pab they wouldn't have grown as quick quickly outside of facebook or maybe faster, and maybe they would have been forced to do more things, but now, we would be talking about it as well. look at the exciting company, and we would be talking about oculus, and look at the exciting company and the growth rates, and that is a representation of entrepreneurship in the united states of where the companies can go, and that would create an example for oth

my doorbell ♪ ♪ oh well ♪ what is the chance ♪ >> and welcome to "squawk alley" with myself and kayla tauscheg us from san francisco kate mitchell partner with scale ventures and in new york dennis berman, editor of the "wall street journal," and thank you for coming back. and now, amazon hitting new all-time highs after the note from bernstein raises the target from 770 to 1,000. they see e strong trajectory from the retail to cloud. they say that amazon is so profitable, it is harder and harder for the company to find way t ways to spend all of the money. separately, amazon announcing a youtube competitor called video direct, dennis, which has some irony in it, because just when the analyst says that they have run out of things to invest in, and here is a brand-new thing to invest in. >> i have known that jeff bezos for over 20 ways will find a way be it drones or videos. you cannot deny amazon as of late. the store riff to success is about the aws, the amazon cloud services, and if you are looking at the growth from that business, and the last quarter, they drew about 15% of the revenues a

welcome to "squawk alley" here with kayla tausche, and joining us here early is uber investor jason calcaneusw, with what is a new note over at bernstein putting the note at $80 billion, and saying that the daily views with the average spending 40 minutes a day on the site indicating that it is the largest music streaming music daily. google bought it for $1.2 million back in 2006, and it is called today after insta, maybe the best media acquisition off all time. >> yes, it is clearly the best acquisition ofk the in the history ofk the. it is six twitters and tesla on top in terms of the money that google has made from it. and the service is not stopping. it is going to continue the grow, and if you are thinking of the consumers watching four television a day, they are at 20% or 50% of what the young people are watching. the interesting thing is the music. and what goes with usage, people are watching over and over, and if you are watching the accounts it is katy perry, and taylor swi swift, and em nen and watch it over and over, and it is like a tv service with a spotify or the pandora throw

i'm scott walker along with joe concern, kayla tausche, becky and andrew are off today.pened higher by 107 points. s&p by 12. nasdaq looking decent at this hour as well. a gain of a little bit more than 20. overnight, asia, new data showing consumer was steady. the shanghai composite was flat. the hang seng gained about 0.5%. meanwhile in japan, the nikkei raising by 2%. and after that, theri

for more let's get to our own kayla tausche live at j.p. nce in boston where she's joined exclusively by gopro's nick woodman. hey, kayla. >> hey, carl, and thanks so much. we are joined by nick woodman, who's the ceo and founder of gopro this morning. nick, shares are up on the red bull news. it's about four years since felix baurm, why did you decide to go back and partner with red bull again? >> we've been working with red bull for years, and we've helped co-promote each other and help each other globally rise above the noise and scale awareness for our respective brands. but we decided it was time to get official about it and officially partner because once we're official partners there's just so much more we can do and take everything we've learned over the past few years and do it on a much larger scale. >> officially you guys will become the point of view for every big red bull event, i believe there are 1800 events, but officially red bull gets gopro equity. how much do they get? is it material? >> it's less than 1%, but it is materi

jon fortt and kayla tausche and myself with you, and also kate mitchell, and at post 9, editor of theew york journal daniel venture as we are looking at the biggest gain in two days, and the nasdaq and the dow putting the tech back in the green which leads us to hp enterprise, and rallying after the posting first quarter revenue, and plan to spinoff the internet services business, and david faber spoke with meg whitman this morning. >> yes, carl. investors are rejoicing a deal that was announced late yesterday according to the hp earnings, and that deal is involving the spinoff services, and two computer science corpse creating $26 billion in overall revenue, and owned 50% by the existing hp shareholders and 50% by the shareholder base, and that deal is going to take some time, and expect it to call in the end of march 2017, but it is a big deal for hpe, and it is having a positive response not only in that stock, but other computer sciences, because their enterprise value is comprised of the units taken over when they bought eds at $8.5 billion, but importantly, hp did report earn in

jon fortt and kayla tausche join joining me, and our guests as well. and good to see you.nd jeff bezos with another all-time high up 40% in the last three months bringing the stake from up to 48 billion. and amazon and macy's going in different direction, and what is your take on the department store drama? >> well, clearly the market is saying something is secular and something faster is going on than we were considering before, and clearly not the weather or the fashion cycle or the apparel, because that is one of the concerns, too, and for the markets, one of the biggest problem is that there is no good way for the investors to express this shift or the play it through the single name of amazon. amazon is one quarter of the s&p retail sector and not 25% of the sales, but maybe it will be soon, but to me, it is this distortion is going farther. >> and where you are in seattle today, amazon has thought to be changing retails for some time, and at least from the sentiment, but why are the inflection points in retail is happening right now? >> well, look it, it is not just

kayla tausche is live for us at # 1 squawk alley and shes han a exclusive with jack dorsey on the closingle jon fortt and myself at post 9 and henry blodgett ceo and finder with insider h, and a lot to to get with us. and start with the alibaba shares after the revenue jumps 39% helped by the gross merchandising value, and that is after jim chanos at the sohn conference say said that he is shorting i. >> we are short. we are short because of accounting reasons, and we have question questions about the met u ricks and real questions on the cash flow, and most importantly, the biggest part of the business which is the fulfillment part of the business delivering the package is unconsolidated on the financial statements, and we don't see how profitable or unprofitable that business is, and i suspect it is unprofitable and funding it from the cash flows of the parent, and therefore will there is no free cash flows of ali bbaba. >> and here with more is our mark mahaney, and welcome. first off, reaction to chanos' questions of the fundamentals of the business here. >> well, i will make one basi

kayla tausche and jon fortt and myself and also joined by our guest, and good to see you.is what trump had to say last night on hannity. >> this is a toy owned by jeff bezos who controls amazon amazon is getting away with murder tax-wise, and he is using the p power so that the politicians in washington don't tax amazon like they should, and he is absolutely worry and he said it about me, and he said it in some article that he thinks that i would go after him for anti-trust, because he has a huge anti-trust problem, because he is controlling so much, and amazon is controlling so much of what they are doing, and so he bought the paper for practically nothing, and he is using it as a tool for political power against me and other people, and i will tell you what, we can't let him get away with it. >> and of course, with should mention that bezos is a investor in business insider, and henry, unpackage this little by little. the anti-trust element, and we spoke about amazon's trending, and does trump have a point? >> no, it is ridiculous. i am owning the shares and i am a share

kayla tausche and jon fortt and kara swisher from re-code out west, and, a t lott lot the talk to youding high, and the highest performing stockton dow and now, while the nasdaq is being led month today by apple. and what a story with the tech. and kara, what do you think it is through the summer enterprise driven or consumer driven? what are your thought sms >> well, i don't know. carl, i have no idea what the stokck market doing and why it does it. but in this case the tech did better in sectors even after issues with wall street of the earnings of a number of the tech giants. they beat up on them too much after the earnings came out, and now now it is a return. apple is a good example, and it was badly hit because of to last earnings announcements, and people are reconsidering it and another thing is that warren buffett bought into apple, and that is always a sign that like people overreacted, and he is a savvy investor and people thought twice about it and apple is a leader in that way, and many of them, they follow. facebook is doing great. i think they turned in a terrific quart

jon fortt, kayla tausche and myself at post nine along with terry kowaja and dan fr oman. good morning. a lot to get to. tim cook continuing his tour around the world. his latest stop is india. over the weekend he met with the prime minister modi discussing everything from manufacturing to retail in that country and laying out his plans for india's market. also gave this extensive interview to india nd tv where he said he could see lowering prices in that country. >> i recognize that prices are high. what we want to do things that lower that over time to the degree that we can and so we are looking at a number of different things. what we wouldn't do is lower our quality bar. >> of course, one of the bigger stories today might be the projections, reported projections for iphone 7 production as has a lot of the suppliers up today along with apple. >> yes, indeed. barron's did a write-up of it about 70 million phones where some had expected mid 60s production-wise. that maybe goes to show apple's confidence in maybe what it's got in the iphone 7 versus actual demand. what i

kayla tausche, david faber at the new york stock exchange.st four sessions for the time being dow basically flat, s&p at 2101 for the first time since april 20th. and then check out oil just below 50 on a week where energy's going to get a lot of attention as well. >>> meanwhile, we have data hitting at this hour. let's get to rick santelli atd the cme. rick. >> much like chicago pmi this one's a disappointment. 92.6, we were expecting a number slightly north of 96. last month gained 0.5 from 94.2 to 94.7. but here's the fly in the ointment, that number 92.6, well, we equal that in november of last year. you go all the way back to july at 91 to find a weaker number. so a bit of a dis appoiappointm there. equities are of course just a bit in negative territory. and we look at the treasurietre ten-year getting close to 190, kind of like it was before it took its hiatus going into the long weekend. simon, back to you. >> of course it's the employment report, the big one on friday, rick, thank you very much. meantime markets essentially reopening

she says >>> welcome to the "squawk alley" for friday and joining me as always is jon fortt and kayla tauscheisher as well. good porning to you. and goldman is saying that facebook is the most important stock for hedge fund, and 113 funds are long fb and shares are up 45% in the past year. a far cry are from that ipo that we were talking about the four-year anniversarile earlier in the week, kara? >> yes, that is a disaster, and remember that? that seems so long ago. yes, it feels like most people in silicon valley agree, it is the most powerful company, and cohesive management, and doing ip novations, and fascinating m&a, and hitting on all cylinders except for the recent conservative backlash from the trending area, but from the stockholders point of view and investors they couldn't be happie happier. >> and kara, this is ap al year ago. >> yes, it could. absolutely. this is a little different business, because that is a hardware business really, and it depends on the latest hot topic, and people are vested into facebook, and they have their lives there, and the facebook live video is pop u

for tuesday, kayla tausche and myself at post 9, and joining us is the founder and editor at the information jessica, and new york times tech reporter isaac wilson, and we will get to you in a moment, guys. but, there a report that nikkei says that it will take up to a year for apple upgrades, and it was expected to have a huge one this fall, but now minor ones like a new camera. apple sold 230 million foep phones in 2013, and so jessica, what kind of reports are these from the nikkei reports are to be believed? >> well, it is hard to believe, because they are based on the data from the suppliers, and for years now, apple has been using many more suppliers so that any one supplier does not have the full picture, and that is why we are seeing the rumors in the hit or miss rate going up quite a bit. so it is hard to tell, and the definition of what a major upgrade is, it is changing as the phones do. i find it impossible to believe that apple is not going to continue to evolve form factor s to stay competitive with everybody else, so it is saying and acknowledging what we already know which is

everything i do is good ♪ so take it up one, two, three ♪ >>> welcome to the "squawk alley" and kayla tausche but jon fortt and i will be here to help you through to today, and joining us is care ra fisher, and now, start with square, and the the hit investors on the surge, and kayla did catch up with jack dorsey last night on closing bell. take a listen. >> you took guidance up for the full year and you said that you would break even in the second quarter, and that assumes that the costs don't go up dramatically, and that there are not any more one-time charge, and what is the line of sight into the rest of the year? >> well, it is pretty good. we have always had a good sense of the business and where it goes, and what the dows are, and so i feel good about the trajectory, and the ability to predict where the business is is going. >> your company beat on the top line and raised the guidance for the full year, and twitter miss and lowered the guidance and how do you keep the two companies from die verging and the story a positive one? >> well, we focus on what matters, building the service, a

and now, we will be kicking this around, as you heard kayla tausche talking about so much on the tablehis week. so much on the table, and what do you think that the month is going to go, a nd what is the traditionally the worst month? >> well, now that the earnings are over, we are macro focused an data-dependent, so it is more volatile than we have been seeing, but i am encouraged by what we have seen so far, and especially for the consumers. and 75% of the gdp is consumer, and we have good numbers in spending and income, and jobs an wages, and friday's number is very important. >> and comps is not good. >> well, it is spending with on the range, and okay. and volatile series, and the consumer sounds good to many, but what is bothering me is manufacturing. maybe the oil and the gas bounce and maybe the dollar kind of stabilizing-ish, that should l help the manufacturing going forward, because that is the one piece that i am going to be watching particularly close ly. >> and pete, you saw as we come on the air literally on if midst of the sell-off of the highs of the day. do we get swo

. >>> welcome to "squawk alley" and this thursday morning, it is kayla tausche, and jon fortt, and joining us is hep ri blodget. tech is up 0.75, and the nasdaq is still down 2%, and not that far off, henry, from nasdaq 5,000. is this -- what is going on with the buy in may and go away. >> well, we who own the indexes are happy about this. and looking at apple, we went through the period of where all of the bad news was priced in and now looking forward to the iphone launch in september, and lot of excitement about that, and probably not revolutionary or anything, but in the build-up of that, people are excited, and so i am not surprised to see the stock move. >> but it is about enterprise, and the ipos working and the consumer hanging in there, jon? >> well, it is about the winners pulling away. i think that there is a lot of fear in february that the whole story about cloud, and the whole story about everything, and even smartphone, it was falling apart, but adobe touched the all-time highs today, and that is for me in tech is a poster child for the transition from package software to so

say you don't know ♪ i say >>> good thursday morning and welcome to squawk alley, jon fortt and kayla tausche with karen swisher executive director at rico, and it is so nice ois to have you here. and in a few minutes paul ryan is fwgoing to talk about the meeting that he had with donald trump. and our john harwood is outsidef of the rnc headquarters in washington. hey, john. >> hey, carl. mr. trump has left the meeting and his motorcade left, and he smiled as he left, and we have not seen the members of the houseer or the membership walk out of this entrance at least, but paul ryan is going to be speaking in a half hourer, and we will see if they made any headway in uniting the party. there is considerable amount of support for donald trump within the house and the senate caucuses, but paul ryan who is an unusually idea-driven and philosophy-driven politician has withheld the support, and he is important, because he the highest ranking republican elected oofficial in the country right now, and we will find out in 30 minutes if he believes it is a step forward as reince priebus, the national

i am joe kernen along with scott wapner and kayla tausche.ere would be 11 people on the set. less than 90 minutes away from the opening bell on wall street. futures up 65. up triple digits earlier. the nasdaq is up about 9. the dow jones -- s&p up 6. we've been stuck here. going into new highs or not, p wapner? we barely got to 18,000 next time. >> amazing that we got from 1810 to 2080 on the s&p, don't you think? surprised almost everybody. >> amazing because i don't -- you can't point to anything that really -- >> exactly. >> you did have the reversal of worrying about oil and worrying about the dollar. >> the dollar, right. the dollar came down a bit. >> to levels that were smart to sell. it's amazing that we haven't taken a meaningful leg lower. >> you have had some sort of feelings as though you might, but it hasn't really happened. >> the dollar is something to watch closely, as you said. you get into a back into a trend where the dollar starts going up, then oil maybe starts to come down, and then you start worrying about profits again

say you don't know ♪ i say >>> good thursday morning and welcome to squawk alley, jon fortt and kayla tauschedirector at rico, and it is so nice ois to have you here. and in a few minutes paul ryan is fwgoing to talk about the meeting that he had with donald trump. and our john harwood is outsidef of the rnc headquarters in washington. hey, john. >> hey, carl. mr. trump has left the meeting and his motorcade left, and he smiled as he left, and we have not seen the members of the houseer or the membership walk out of this entrance at

kayla tausche. >>> be sure to tune into "power lunch" tomorrow.he 3 m ceo will discuss. ♪ [crowd cheering] i could get used to this. now you can. when you lease the 2016 es 350 for $329 a month for 36 months. see your lexus dealer. ♪ ♪ (singing) you wouldn't haul a load without checking your clearance. so why would you invest without checking brokercheck? check your broker with brokercheck. flip your way through your last 9 shows with the tap of a button. change the way you experience tv. xfinity x1. >>> welcome back. i'm supported to give away the answer here, robert, but i don't want to. he's here with the results of the millionaire survey and i want to know who they picked as their favorite candidate. >> i appreciate not giving the spoiler there. hillary clinton has a double digit lead but trump is quickly extending his reach up the wealth ladder. 44% of millionaires plan to vote for hillary in the fall compared with 31% for trump, according to the cnbc survey. now six months ago, trump had 9% of millionaire support, but here is the big kicker,

and we are watching that closely, as kayla tausche and i are prepare foging for this hou involves terrorfed speak, the retail earnings, and banks, and a lot going on. >> and oil is slipping by 3%, and a lot of moving markets here today, but we are starting with egypt today. >> yes. and looking at the retail earnings, walmart is having one of the best earn inings in a dee and looked like it would gap up, and the earn inings are ahead b time, and u.s. ahead, and the the u.s. comps up, and guiding u.s. comps up one, and e e -- e ecommerce up as well as this morning, our courtney reagan reported, it is not the kind of revenue they are happy with. >> and as the shares are surging the most since october of 2008, it is still on the lower bar for the company which they themselves

kayla tausche and jon fortt and kara swisher from re-code out west, and, a t lt lot the talk you.ng stockton dow, and now, while the nasdaq is being led month today by apple. and what ary

my doorbell ♪ ♪ oh well ♪ what is the chance ♪ >> and welcome to "squawk alley" with myself and kayla tauschean francisco kate mitchell partner with scale ventures and in new york dennis berman, editor of the "wall street journal," and thank you for coming back. and now, amazon hitting new all-time highs after the note

jon fortt and kayla tausche and myself with you, and also kate mitchell, and at post

she says >>> welcome to the "squawk alley" for friday and joining me as always is jon fortt and kayla tauscheto you. and goldman is saying that facebook is the most important stock for hedge fund, and 113 funds are long fb and shares are up 45% in the past year. a far cry are

jon fortt, kayla tausche and myself at post nine along with terry kowaja and dan fr oman.his tour around the world. his latest stop is india. over the weekend he met with the prime minister modi discussing everng