linkedin has been a company in transition.aul: this is an interesting quarter -- not only for linkedin, but for a lot of the social media companies. we had some good numbers and disappointing numbers out of others. what investors are hearing a lot about is, like mark zuckerberg said, trust us. have patience. we are investing for the long-term growth of this business. i think most investors in the social media companies are comfortable with that let's invest now strategy. that seems to be something that has worked for most of these companies, including linkedin, so i think management here will get the benefit of the doubt. emily: it's funny, even though linkedin and companies like facebook are very different, they get locked into the same boat sometime -- the same boat. i wonder how significant the china news is given that facebook, twitter can't expand in china, but linkedin can. how big an opportunity is that? >> knowing how many professional numbers there could be coming there could be over 150 million professionals there. t

i want to get back to linkedin. this is, you could argue, could you not, jack, this stock should go up against somewhere like monster worldwide. it's a job site primarily. >> i think so. you mentioned earlier about facebook and google having this kind of crowding out effect on ad revenue. we know what the global pie for ad spend is. we know that the rate at which it is shifting online. and there is a lot of players going after the same dollars there. you know who will be the most successful, not only building audience but getting people to come back again and again. google with youtube and facebook. linkedin, this is good print against the estimate. maybe stock will move higher. but very much a story that remains to be proven. ashley: jack to follow up very quickly, they're in a good position, linkedin. they don't have to directly fight over ad dollars. it is important but they have premium subscriptions used by corporations to recruit. >> that puts it in more mature place of profitability, diverse revenue stream. h

at linkedin headquarters in mountain view, california, it's 11:00 a.m. on wall street. "squawk alley" is live. ♪ >> welcome to "squawk alley" join us, kara switzer and julia boorstin and the dow is back to positive territory after a 50-point drop on some of the oil. first up shared of linkedin getting hit even though earnings and revenue topped estimates. shares were up more than 14% at one point yesterday afterhours but started to fall during the call and down about almost 8%. some of the drop probably attributed to investor concerns over the direction of the advertising portion of the business. john, display ads, decelerating faster quarter on quarter and the stock chart looking at it afterhours it's like a roller coaster literally. >> feels like they did the math, investors anyway figuring out okay, they raised guidance but when you consider that there was this benefit from them integrating in early, that basically goes away and it ends up being a bit of a guide down based on what you'd expect sequentially and then yes, this display advertising thing, premium display

linkedin has three diverse revenue streams. then this marketing business, like we know display advertising is a weaker business and they are transferring this to sponsor updates. it's a natural process that will happen. this could be an opportunity, particularly if the pull back is big enough. >> we'll check back later on. linkedin shares down more than 7% of $15.50 decline at this point. >> at the top of the show i would think p i had -- it had t hold 235. >> you have a three-day rule for twitter. did you do anything with twitter? it did not hold the levels you wanted it to hold but like two and a half days. >> when you're on the stock. i don't say that to exaggerate or be arrogant. it's different in the stock because you own it. you made your play. it's people that want to buy it on a dip. you don't rush in right now. you're not a fireman now. you don't rush into the building when it's burning. you wait until it has some type of foundation whether it's up or down. that's the three-day rule but if you have a position, you coul

>> linkedin. close second would be facebook from a business perspective with a busess page and potentntially a paid advertisi strategy. but small l businesseseed to be on linkedin and they needed to bebe visible. rebecca: even teenagers are using facebook more than they admit. thanks so much for joining us. wh w return, the new york stock exchange, the wall street journal, and united airlines all have debilitating g glitchches on the same day. they say there is no link, butt we wil rebecc welco back. cyber security is again gbbing helines with millions finding out they w were hit the f federal gornment hack attack. glitches shut down the wall street journal, new yoyork stock exchangege, and united airlines. donald tru has made waves, but not made any apologies. recent comments disparagingg mexican-american immigrants called -- costcaused some to call for boycotts. joining us now at the roundtable jonathan aneric gentlemen, welcome to you both. jonathan, let's start with the dodonald we have interv

linkedin shares plunge over growths over slowing while facebook surges. sanctions being lifted -- we look at the potential with a hedge fund manager who just returned from tehran. mark: game on for a beijing. the chinese capital chosen as the host of the 2022 winter of choking spite pollution and little natural snow. scarlet: good afternoon. in scarlet fu. i am mark crumpton. thank you for joining us on this last friday in july 2015. action on wall street. you see the s&p 500 and the nasdaq -- the nasdaq is up about a third of a percent, dow industrials unchanged, but still showing negative today. exxon mobil and chevron, the biggest u.s. energy producers, hunkering down for a prolonged stretch of week prices. they posted their worst quarterly performance in three years. the lowestting profit since 2009. chevron reported its lowest profit in more than 12 years. -- the marketcing route forcing $2.5 billion in write-downs and charges. 1.5%.-- brent crude down gold futures, they are up. beenet: they really have the driver year. looking at treasuries, you see

we don't know what we'd do without linkedin. hr managers human resource managers are also very dependent on linkedin. we think with the trend towards robotics and the need for education and retraining that linkedin is going to become even more important. they've just bought a company called linda.com, who helps to retrain people and we think with all of the big data that linkedin has, that they are actually going to help people improve their opportunities for careers, and step up to the next level faster than they might otherwise. >> and your third choice is another stock sort of in a way like amazon in that i guess you believe it is underestimated misunderstood, and not common known as well as it should be. it's invidia. >> it's invidia. everybody assumes it's hostage to the pc cycle. invidia is so much more than that. it's the leader for chips for parallel processing which is used in all of our themes so anything having to do with the cloud, parallel processing is critical. anything having to do with genomic research dna seque

tom: i wonder if he is on linkedin. brendan: linkedin report yesterday sales.ll sweeney is the head of research for bloomberg intelligence. i am going to read you a quote. does linkedin play by the same rules? paul: they get revenue from advertising but they also get revenue from recruiters. investors can see this as a really interesting model. that said, they have two quarters in a row that was a wild ride. it really hurt their stock. they came back this quarter, had a very good quarter in terms of what the street was looking for and they beat estimates for the quarter. then they put out guidance that initially looked very strong and the stock traded up. but when you dug into the numbers investors started saying maybe the core business was not growing. brendan: piper jaffray pointed out as well that the thing to focus on is that they have revenue membership -- membership revenue. paul: it is recurring, which investors like, and it is very high margin. tom: having don gimbel on the set, he does not buy anything with a pe under 10. is this like 1999 again? don:

emily: linkedin is a company where twitter and facebook are blocked in china are linkedin found a waya through a joint venture and that is something they have very much been for the on. mentioned,lse paul the solution business has also been overhauling that business, which now, the greatest portion of the revenue comes from these services that they gave to recruiters. they -- it will be interesting to see if there are any signs of improvement there. also, advertising the marketing business solutions, it is about 20% of the company. we saw twitter and facebook have big revenue numbers and most of their revenue comes from the talent business. so much, emily chang plus paul sweeney a bloomberg intelligence. be sure to tune in today at 4:30 p.m. eastern for more on linkedin's results. we will be looking at today's gdp. ♪ . . alix: we are moments away from the closing bell. i'm alix steel. joe: i'm joe weisenthal. [closing bell ringing] u.s. stocks fluctuating throughout the day with the s&p closing slightly higher and the dollar lower. joe: the question is "what'd you miss?" progress but

facebook, twitter and linkedin on board for results next week. which name could bring the biggest surprise? our traders take their position. first to the big story, the dow closing to near session lows having its worst week since january and is now negative for the month. meantime the s&p and the nasdaq were busy logging their worst weeks since the end of march. more pain to come especially given next week is going to be the busiest week for s&p 500 earnings. david seaberg. >> we were 2-1 better for sale on the desk. when you have some data that comes out that's a little bit skewed and you also have some of the biggest growth companies like a biogen come out and say the earnings aren't great, it scares people. the entire biotech sector took a sell-off today. you know, pushing everything else down. look, it was a pretty decent sell deck. >> we've talked on this desk on and off whether the breadth in the market has kind of disappeared and how negative that could be and the extent of the negativity, and i have to say when you start to see some of th

linkedin reports tomorrow after the markets close.he key items is first and foremost growth in the talent solutions business. $419 million in revenue is the bogey on that metric. second is number of corporate solutions customers. 36.5 thousand is the bogey. and third is the full-year guidance. i expect the stock to perform well on a clear beat and raise quarter. rob sanderson for "fast money." >> let's go straight to dan. what are the options traders thinking about this report? >> the implied move is about 11%. the average move the last four quarters has been about 13 1/2%. it's showing a little complacency. option prices actually seem very fair to sort of cheap here. and i just want to go to -- this is the year to date chart. the stock has had a couple really big gaps here. the last quarter was a disappointment. when you look at the implied move it's about 30 bucks here. that's up here. that would be a gap fill on the up side and it would be down here where you have some support on the down side. expecting a very wide range. it's lik

linkedin earnings are outed julie hyman is breaking them down. julie: i'm still trying to go through this statement that adjusted earnings the shares coming in at $.55, 25 or send above the average analyst estimate. you are just hearing from paul sweeney on bloomberg intelligence and there was a lot of pressure after a disappointing quarter last time around as linkedin was affected by the stronger dollar and weaker core business than it had been anticipating. it looks like the company is ray -- is raising it full forecast. increase, and increase nonetheless. and increase more significant in its were cast for earnings. it looks like it is forecasting earnings-per-share of $2.19. the quarter the company has just reported, revenue is coming in significantly above estimates. million is what analysts had been anticipating. this looks like a recovery quarter and you see the shares move up by about 12% in the after-hours. remember after the last word, shares fell on disappointment over its numbers. i'm looking at electronic arts also reporting and looki

linkedin is a dramatic story here. after the bell when the report was released it was better than expected top and bottom line report. all of their products were going gangbusters. we saw shares up as much as 13%. now they're virtually flat, only up marginally. likely because a lost subscription growth is coming from overseas. as you know from your coverage, we're seeing a lot of concern among investors globally of slowing economies especially in china. that is where linkedin is seeing considerable subscriber growth. there is concern that is not going to be able to continue. quickly tell you about, there you go, earnings after the bell. look at some shares. am again, biotech company -- amgen. electronic arts also strong. electronic arts had strong quarter considering that the spring quarter for the videogame company is weakest quarter. holiday quarter is where they put all their ducks. fireeye, cybersecurity company also had a solid quarter. that company has grown 48% year-to-date. back to you. deirdre: lori rothman jo

this looks like a recovery quarter for linkedin in terms of its reports.ou are seeing the shares move up by 12% in the after hours straight after linkedin's last report, the shares fell more than 20% over disappointment at its numbers. alix: i'm looking at electronic arts. we're looking at the guidance for 2016. company's guidance is coming in below estimates. what caught my eye was the guidance for the current quarter. for earnings per share of 40%. analysts were looking for $.66. looking at those earnings and give you an update in a few minutes. joe: thank you, julie. julie hyman, thank you for bringing those down. with us we have peter atwater, the president of financial insights, and has some pretty contrary and calls about the market. peter, thanks for joining us. alix: long on gold, short u.s. equities, short u.s. dollar. my job hit the floor when i saw the long gold call. guest: i'm the only person who comes on where people say they get excited or their jaw drops. as somebody who looks at sentiment, those are the reactions i look for. it should brin

linkedin shares down nearly 5% in extended trading.res of expedia, they rallied after hours after company's second quarter profit did top analysts forecasts. expedia's brand, names such as hotel.com continue toed drive growth in bookings. hotel area was really strong for them. results coming in as expedia moved forward. with media to buy the rival orbits worldwide, a deal unveiled back in february. lauren: we have earnings. a huge week for earnings today. we'll hear from two major players in the oil industry, exxonmobil and chevron, after the industry grapple pells with oversupply. more than 150,000 jobs were cut since the fall. that was according to phil flynn in price futures group. exxon posted year-over-year decline on top and bottom lines. chevron which announced their own round of layoffs is expect toed report results from a year ago. some relief is in sight for oil. in review fbn's maria bartiromo t. boone pickens predicts oil prices will rise to $70 a barrel by end of this year. he had this to say about saudi production levels.

. >>> linkedin reports a wider second quarter net loss than expektded. related to acquisitions and expanding the sales team. a 33% rise if revenues was driven by strong growth and the recruiting business. it's raising the guidance. that was much less than analysts forecast. shares fell 3% in afterhour tradesing. >>> on that note with facebook amazon netflix, and google, with youare you buying the fang? join in on the conversation. get in touch by e-mail. tweet us at cnbcwex. which one are you buying or selling? >>> still to come on the show dark times for black gold. as the oil price continues to slide, we look ahead to earnings from energy giants exxonmobil and chevron. stay tuned to hear what to watch from those numbers. try the superior hold... ...of fixodent plus adhesives. they help your denture hold strong more like natural teeth. and you can eat even tough food. fixodent. strong more like natural teeth. fixodent and forget it. >>> welcome back. these are the headlines. the shanghai reports a big loss. >>> greek prime minister alexi tsipras said he

why investors didn't connect with linkedin's results.e will do that after the break. ♪ jonathan: welcome back to bloomberg tv. this is "on the move." a huge week over the last five days of bank earnings in europe. let's give you the forecast. bnp reported today it was a beat. a beat for ubs. a beat for rbs. a miss for deutsche bank. let's head b.n.p. paribas open. caroline connan has been speaking to the cfo about the lender's restructuring program. take a listen. a as you've said, we had strong result in q2 and q1. that basically demonstrates that our franchise is fairly strong. it is also a validation of our concept. moreover, it is also showing the efficiency of what we've done in the past. we adapted very swiftly as of 2012. we basically see in those results that this is working well. as you mentioned, we see that there is still some uncertainty on the horizon. that is why we announced earlier in the year that we would have a new organization to accelerate that business plan. that led to the creation of one global market to include t

i go to linkedin all the time when i'm trying to meet people. see who we know in common. does it happen often in your experience that somebody meets someone over social media, creates a relationship with them and something goes awry? >> yes, i've actually heard both really great success stories and have experienced them myself. also heard some cautionary tales. that's what i'm hoping to share today, how to protect yourself and make sure you're doing business with people so you get more of the success stories. >> all right. the first thing you talk about is your social home work. you met them onlane, now do a little research online. >> absolutely. check out their social footprint, their social media profiles, their linkedin their most recent tweets their facebook page have they not updated it within six months are they engaging with people are people interacting back? are they saying anything controversial? maybe sure they're active. if they're a legitimate business, they should be presenting themselves the same way they're presenting themselves to you. >> and their websit

what is going on with twitter and linkedin? we talked about twitter a lot.n't talked about linkedin. >> obviously the huge move to the down side. i think it's recovered some. but i still think linkedin is going to be one of those things that's going to be difficult to be replicated. i don't think it's a commoditized business. i get the valuation is extended to say the least but i do think in terms of the stock it troughed a couple weeks ago. i think you can own it. in terms of twitter we've talked about $35 being the line in the sand. yes, it breached that a couple times but i think you stay long twitter against 35. >> i agree with guy on linkedin. i think this is probably the most defensible social network. as you're coming out of college you have to be there these days. they've replaced so much of traditional job advertising. i staff my own company with it and almost everybody else i know does the same. and i think that's pretty common around the country and increasingly around the world. i would loan linked in. it's going to be volatile. >> let's talk abo

linkedin is the lowest ranking social media site. they need to improve that. >> from the people i speak to, lil len yals and those that hire, they use linkedin on a regular basis. you would be surprised. sometimes you'll say, isle put up a linkedin pro file. i don't care what i put up. some people do. >>> stick with ten. google glass is back. it's all business. "the wall street journal" reports the company has introduced a new version of the wearable device. the new model is aimed at corporate customers such as health care providers and manufacturers. >> all having reported their second quarter numbers, are you buying #fang? that's the acronym you explained. >> not me. jim cramer coined it. we brought it up. facebook, apple, netflix, and goog google. which one is the best buy? which one do you want to become bullish on? join us in the conversation on "worldwide exchange." e-mail us at worldwide cnbc.com. you can tweet us. i'll be curious to see which ones our viewer like. people tend to buy the winners. >> buy the winners, sell the s

linkedin can help you build your contacts.-- it is that now -- where you could download or export your contact list. then they quietly took it away and faced a barrage of complaints -- finally they came out and said, ok, we're sorry, here it is. -- we listened to members and we turned our csv export tool back on. we will continue to find ways to keep members safe. since that changed, we have heard loud and clear that it is too long to have to wait. effective immediately, we have turned it back on. that'se work on this -- it, yeah. shery: i am looking at these sony pictures -- they just released a movie, "pixels," starring adam sandler, and the ecript included one scen where aliens blasted a hole in the great wall. but they decided to drop it because it could be too sensitive for china. seti executives went back and forth through e-mails, and now --are seeing that although they say it's ok. in the context of a global scale invasion, it should be ok, but the vice president saying there are no guarantees of china. of course, peop

plus kara swisher on what is link on at linkedin.". >>> don't look now, but lately steel stocks have been soaring. what is that rally telling us about the economy and should you buy up into this previously beaten up sector. more "squawk on the street" coming up next. can it make a dentist appointment when my teeth are ready? ♪ ♪ can it tell the doctor how long you have to wear this thing? ♪ ♪ can it tell the flight attendant to please not wake me this time? ♪ ♪ the answer is yes, it can. so, the question your customers are really asking is can your business deliver? >>> the fitness craze head wall street j sole cycle. they filed for an ipo. they launched back in 2006. it operates 2838 studios. almost 50% revenue growth. we talked to the co-founder back in 2013 and asked her about the plan for the future. have a plan. >> we did a strategic partnership about two years ago and they are helping us expand. they are leaning on them for resources and capital and that's going great. but we have a big vision for soul cycle. we really see the

linkedin is having a big drop. the last reported earning saw shares tumbling. company raised its forecast, however, analysts are attributing a lot of the increase to the effect of the aucation website which was recent acquisition by a linkedin. there is a concern over its core business, though they saw a revenue of 38%. expectations were relatively high going into the report. going down by almost 10%. the company cut its revenue forecast. rt seems like the innerwea business is not growing much. we have a brief segment of hanes business. this is active wear, and this is international. there's not a lot of change in the innerwear business. even as there have been uneven growth. -- activewear, and history wide, has been performing well. we are not seeing a lot of growth in innerwear. amgen.d to talk about they're coming out with forecasts ahead of what analysts anticipated. they're increasing their margin and cutting down operating expenses, and increasing sales of the rheumatoid arthritis drug , their biggest selling drug. pimm and i are having fun with innerwear

and now you have real disappointment in linkedin.eir pace these companies have been on in years in terms of the pace of growth. now they are getting to a different phase of their lives, particularly when you looking at facebook, something of that size. they are investing more in the business and trying to look for the next leg up of growth, it's not going to come from the current business. you have these growing pains and different cycles and their businesses. matt: growing pains. scarlet: that's why public trading is when growth is ended and your best prospects are earlier stage. julie: when none of the rest of us have access to it. scarlet: julie hyman, thank you. we are playing the yearbook game and this woman touches all forms of media. that's all the producers are telling us. she looks blonde. matt: she does look blonde, though many blonde women are not necessarily blonde. scarlet: 1959, net lee high school. media entertainment. matt: it's part of the new jersey pizza triangle. i'm not sure what that means. scarlet: i think they

i just outlined the issue for linkedin, concerns of growth slowing.ook said that spending climbed 82% in the second order. that was more than double the rate of sales growth. that said, sales crossed the $4 billion mark for the first time. revenue is good, but analysts have been questioning, when are you really going to start making money from whatsapp, instagram messenger? that is what analysts were asking on the conference call. one of the things they said was, until these apps reach a billion users, it isn't worth making them into a business yet. manus: you don't get any value unless you've got a billion. nejra: this is a bit of a dig at twitter. this was its biggest challenge. it is much smaller than the competition. what the ceo and cfo said is that their efforts to improve user growth have minimal impact so far. minimal success. they said, their message was we've got a lot of work to do. don't expect any great progress anytime soon. basically, they squashed that initial optimism from the numbers on the conference call and said, it is much smalle

you took umbrage with the fact i had not sent you a linkedin invite.d, linked in people started saying, poor betty, i guess we will send you a linkedin invite. that is armor last time they missed analyst estimates and the stock got hit, will we will see what happens this time around for it on a lighter note, that is right. people felt sorry for me because you never asked me into your linked in network. since mark never send unification come i figured i would here and i would like to add you to my professional networker mark said he were trying to expand your linkedin network. you both were quite humorous on-air today. make a mark crumpton good team. very enjoyable to listen to daily. let's just run away together. [laughter] my name wasu notice mentioned a lot? how does that make you feel? betty: not good. not. i would imagine but we will be watching for that very closely. having the same problem like facebook. the user growth is slowing down. stay with us. "bloomberg market day" continues in just a moment. ♪ mark: welcome back. how his lingerie company

emily: it's behind some of the biggest successes in tech history from facebook and linkedin to airbnb and instagram. greylock opened its doors in boston 50 years ago, but since landing in silicon valley in 1999, it's backed hit after hit. the venture capital firm has backed 170 now public companies, four of them worth more than $10 billion. joining me today on this edition of "studio 1.0" greylock partners david sze and john lilly. so great to have you guys here. thank you so much for doing this. david and john: thank you for having us. emily: david, you've been at the firm, what, like 15 years? david: 16th year. emily: 16 years now. john? john: just four. emily: and david, you really put greylock on the map in silicon valley. how did you do that? david: well, first of all, i'd say, you know, it's really a partnership effort. i'll take some credit, but it's really a team effort, as always is at greylock. in the early 2000s, we made a move to say every partner should have an operating background and that allows us, we think, to connect better to the entrepreneurs to find the great oppo

facebook is number two and linkedin is number three. just at the quarter.ook is in a sweet spot. they've figured out mobile and social and you're getting this really large influx of tv ad budget migrating over to the internet. that's why the up-fronts are weak. a lots of those dollars we think are going to facebook, we don't think we're going to see the kind of deceleration in the street estimates for facebook for the balance of the year. >> you don't think the aggressive spending that the company itself warned us about last october will come home to roost this quarter? >> no, we don't. and by the way, i think that aggressive spending is absolutely appropriate for a company that's still relatively small. you know, 10 to 15 billion a year in annual revenue with a lot of new growth areas ahead of it. they've got to monetize instagram. they've got these communications networks like whatsapp. you don't want to ramp up margins and have to figure out investments later. thatter doing it appropriately. >> the same time you look at twitter and linkedin and yelp, the

elsewhere in technology, we are seeing linkedin.any raised its forecast, but said a lot of that was from the proceeds of its education website. there is concern. those shares are down by 9%. electronic arts we are also watching. they have in making a transition the company was short of analyst estimates. they will introduce games related to "star wars." fact has to do with earnings. go pro is rising after citigroup upgraded it to a buy. flying cameras or drones could generate $5 billion to $10 billion in sales by 2020. we are seeing sentiment improved on go pro. this goes back to when analysts initiated their coverage. we saw an even distribution of cells and buys -- sells and buys , but now we are right around back to those levels. we are at the smallest levels of cell ratings. is not, a company that out with earnings, but is set to report them next wednesday. i'm talking about priceline. recommends owning shares of that company. european travel trends remain strong. if expedia is any indication, we will see similar commentary from

linkedin, cutting back on e-mails. of getting an e-mail for every invitation, users who are overwhelmed with invitations will only receive one weekly digest e-mail. users who belong to group organizations will get digest of the group's updates. no more minute by minute e-mails. changes will cut e-mails by 40%. windows 10 was released at midnight. in the past, a release of windows -- of new windows sparked a surge of consumer by -- a computer buying. that has not been the case. >> this is a significant launch for anybody who uses pcs and wants to get things done with technology. we have had big launches that things likeed enabling the internet to happen. we will reignite excitement around pcs. take that advice people used to get work and creativity done and rejuvenate it. betty: microsoft is offering windows 10 as an upgrade for existing pcs. for removes one reason people to rush out and buy a new computer. patent about microsoft, what happens when your city is doing well due to technology and a booming housing market?

areshares of linkedin falling today.forecasting revenue better than estimates, but there -- but the acquisition of lynda.com is causing concern. the company says that full-year $2.9 million. technology -- could technology soon be calling balls and strikes in baseball? a computerized system recently pasted these calls this week. this is not new, but this was the first time it was employed to make the calls. those are your top stories. now as officials hammered out details of a nuclear plan with iran, investors started to make assessments of their own. a large country with low debt, lots of oil, and plenty of room to grow, but is it the world ready to do business with iran. we recently traveled to iran to get answers and earlier today hans who shared his impressions. part of the country that many -- but most of the country is incredibly educated and eager. gauge. the part of the country that is the hardliners, they're the ones pushing the hardest not -- on their side. i see population that the eager to do and are business

julia, fill us in on linkedin. >> linkedin's coming out after the bell and it is expected to report ae in revenue while earnings are projected to drop to 30 cents per share, though that's 2 cents better than the company's guidance. the big question will be on the company's outlook for the rest of the year. last quarter it was lowered expectations for the rest of the year that sent linkedin shares plummet plummeting. linkedin has been aggressively spending on r & d and expanding its sales force which the company says will position it well for 2016. we'll see whether that investment could start to pay off before then. we'll also be listening on the earnings call this evening for any updates on the impact of linkedin's linda.com acquisition and its potential expansion into china. >> they bought linda. >> they bought linda. >> i didn't know she was for sale. but good for her. >>> shares of marriott more than 4% to the up side. the company -- sorry, to the downside. beating earnings estimates but trimming some of its guidance overall. hotels in this country have never been more full and ma

. >> and linkedin on thursday i believe. let's go in order. twitter tomorrow, $35 has been the line in the sand. yeah, i know it closed below there today but basically right in line with 35 bucks. everybody is expecting a disaster which they'll probably get. but if it's not a complete disaster i do think you can see a relief rally in this name. i think you stay long it against 35. facebook is actually sold off since that 99 and change high we saw a couple weeks ago or last week. i still think facebook, the metrics of facebook, the last six quarters have been unbelievable. their move to mobile outstanding. that goes higher. and linkedin their valuation is ridiculous, i don't think it can be replicated. some people upgraded the stock. 250 price target. gun to my head i'd rather be long the stock here. >> these are going in totally different directions this year. >> couple things to look for tomorrow this year is the ceo search situation. i don't know if we'll get any update there. and then i don't know if we'll get any comment on whether or not

matt: you like linkedin. do they fire on all the cylinders?larger advertising market. you may trade out instagram for messenger or whatsapp or pictures but there is really one dog in town when comes to that and that is linkedin. linkedin's revenue base is more robust than other guys because they get revenue from three distinct resources -- the user, recruiters, and advertisers. i think linkedin is the most under hyped development platform. matt: scott galloway, thank you. we're going to take a quick break. stay with us. ♪ matt: check out the view from our roof here. as we enter in other heat wave in new york, you can see the buildings shimmering and about to give up so much heat that he can barely walk to the city and greet at the same time. it is probably the worst place in the country to be in a day. we are few minutes away from the opening bell. tracy alloway is here with the three things moving market affected also joining us is the ceo of morgan creek capital he is just off the boat back from greece. tracy, kick us off. tracy: i have an e

we'll speak exclusively to linkedin co-founder and chairman reid hoffman. the td ameritrade trader group, they work all the time. sup jj? working hard? working 24/7 on mobile trader, rated #1 trading app in the app store. it lets you trade stocks options, futures... even advanced orders. and it offers more charts than a lot of the other competitors do in desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivative pricing model, honey? for all the confidence you need. td ameritrade. you got this. my name is rene guerrero. i'm a senior field technician for pg&e here in san jose. pg&e is using new technology to improve our system, replacing pipelines throughout the city of san jose, to provide safe and reliable services. raising a family here in the city of san jose has been a wonderful experience. my oldest son now works for pg&e. when i do get a chance, an opportunity to work with him it's always a pleasure. i love my job and i care about the work i do. i know how hard our crews work for our

emily: he designed facebook and linkedin. you convinced treetop to join the firm. how did you do that? toid: again, it comes down -- we believe if you come from product and have that background , there is an authenticity. most people do not remember, but in 2005, valuation was $500 million. emily: just students on it at the time. a lot of people looked at that and said, we lost their minds. people inside greylock said this is not a we do. emily: who said that? john: we had partners. we like to disagree, push each other. there were partners saying, this will ruin the firm. emily: do these people still work at greylock? david: some do, some retired. not because of that. emily: john, you are behind dropbox, instagram. how do you fill the big shoes of david sze? instagram, people did not love it. they were not sure it would work. kevin and want to do it. emily: why didn't reed think it would work? he thought it was interesting, but not huge. emily: is there a formula to these things? with kevin, it took me a while to convince them to raise money. airbnb is another exam

a very interesting turnaround for linkedin. a lot of analysts still think highly of the stock. interesting we -- interesting week we've seen in these earnings. especially with social media din, twitter and facebook. some wild swings in the last hour of trading yesterday, almost wiping out wednesday's rally. the index closed down. go to juliet. i think what were seeing as a lot of people in this market that have margin debt. gains, -- when's gains,been seeing those instead what we saw yesterday if we look at what happened yesterday, we saw quite a little bit of -- coming through. possibly the fact that people are saying to people in china has not intervened -- intervenes today. that's a we think is happening, it all happened in the last hour or so trade. yesterday, we saw the biggest u.s. exchange traded fund fall for the second time this week. that shows that there are a lot of people concerned that these government interventions are not going to be enough. if we look, year to date is a much better picture. higher, thes still computer is not playing games with me today, but we

still ahead, you can call it linkedin for athletes.iness that connects young players directly with potential teams. and that might crowd out those expensive sports agents. ♪ pimm: the ballerina misty copeland signed a multi-year deal with under armour last year. back then, she seemed like an unlikely choice. and then she made history, becoming the first african-american female prime dancer for the american ballet theater. she spoke with charlie rose about how the under armour sponsorship has helped her career. misty: i think the power that it gives me is for people to see me and hear me. charlie: and one to see you and. hear you. misty: right. it's a platform for people to know what i'm saying and here at. with all the extraordinary gifts that you have, do they see a black woman or simply a ballerina? that theyike to say see me as an ballerina, as a dancer, but my experiences and the reality of this world is that some people see me as a black woman of their or thought or think i do not fit in. but i tried to be the best dancer in the b

according to her according to our linkedin page there for a little over a year.ad sex with a 17 -year-old at the school. i came here to speak with her family. did not want to go on camera >> i just spoke to the father. he said he is praying for his daughter. >> charge specifically with endangering a child and sexual assault. the age of consent in new jersey 16. a 17 -year-old kid. i'm not saying is not appropriate what are they charging her with. >> if you are under the age of 18. right. maybe a little wiggle room. maybe that. >> came up with a specific. issue and obvious power dynamic. she is a teacher, he is a student. >> check out the picture. she is hot. >> teachers everywhere don't sleep with your students. guess what you are going to get caught clicks is 17 is the age of consent is anything happened to the 17 -year-old? >> as a kid, a victim. it was a woman and a male teacher the emotion would have been completely different. her father's father's answer is about the only thing you can do. we will see what happens. "high speed chase". >> take a look at these

reddit, linkedin and foursquare were delayed for a while.ts are not expecting y2k style havoc. five months from today representatives of 186 countries will gather in paris to sign a global agreement on climate change. it might sound like a long shot, achieving the fact that global temperatures should not rise above preindustrial levels. joining me now is the executive secretary. my guest host is still with us. what are you trying to achieve given how difficult it has been to achieve global climate change goals? how do you approach this to get done what you need to get in knowing how difficult it is across the world? guest: it is difficult and so is solar impulse. they are already showing investments in technology can do amazing things. despite the fact that he couldn't hear us. but they are truly showing what technology can truly do. what we are trying to do is mary the advance of policy with the advance of technology and finance. all of those need to advance together to get us onto the pathway that seems rather impossible, but it was imposs

facebook, twitter, instagram linkedin.always expanding, writing content with new ideas to get people involved. if you look right there, i uploaded that to instagram as a precursor to a website i made with ideas that i had for the digital team whether it was social media or things they can do to raise money and get people involved. i sent that through twitter to a recruiter here. right away, he connected me with the digital team. about a week later, i was packing my bags to come to brooklyn. mark: why berries? >> i thought it was a beautiful way to make the logo. it was right before memorial day. my mom was making some pies. and i was like, before you make those, can i arrange them in the h logo outside? before i even sent it, some people shared it. >> i think we are all here to work hard, have fun. >> this office is the most collaborative and most open to an idea from anywhere i've ever worked. >> it's like a family. i am away from my husband, but to me, it is driving me to get hillary clinton elected. she would be the mos

linkedin. i was in it. pulled out, held back, coming on real strong here, guys. linkedin.l media stuff with a better economy, particularly in those higher paying jobs. this is a stock that goes to $300. i want you to take a look at it and be in there. and also before we go, i want to discuss an american success. that's one of the hallmarks of the show. small businesses we love to solute them, and that's as well what we want to do now. tonight's solute goes to lisa in virginia beach online luxury mattress startup. in fact, starting in january the company has raised $9 million from private equity. sold more than 8,000 mattresses. the ceo says he thinks they can reach $30 million in sales this year. now, here's the great part. the company donates one mattress to homeless shelters for every 10 that they sell. for more on this american success and a whole lot more. make sure you go to our website foxbusiness.com/charlespain. it's been a crazy week in politics, in the stock market. we've been making some changes here. you guys have been sharing your opinion with me. here's the t

linkedin. i was in it. pulled out, held back, coming on real strong here, guys. linkedin. better economy, particularly in those higher paying jobs. this is a stock that goes to $300. i want you to take a look at it and be in there. and also before we go, i want to discuss an american success. that's one of the hallmarks of the show. small businesses we love to solute them, and that's as well what we want to do now. tonight's solute goes to lisa in virginia beach online luxury mattress startup. in fact, starting in january the company has raised $9 million from private equity. sold more than 8,000 mattresses. the ceo says he thinks they can reach $30 million in sales this year. now, here's the great part. the company donates one mattress to homeless shelters for every 10 that they sell. for more on this american success and a whole lot more. make sure you go to our website foxbusiness.com/charlespain. it's been a crazy week in politics, in the stock market. we've been making some changes here. you guys have been sharing your opinion with me. here's the thing. we're always g