a lot have gone with netflix.nine, ten bucks -- list enthey got themselves in trouble when they try to raise prices. if they say where they are they can take some share as there's greater adoption of this whole core cutting thing. hbo is bullish for netflix. >> coming up next or next up tesla pops after new jersey senate approved a bill to allow the electric carmaker to restart direct to consumer sales and after ceo elon musk tweeted about a tesla conference that would end range anxiety. musk took to twitter and tweeted some people think i tweet to affect share price. this is false. a brief rise in tesla stock obviously does no good for tlaes or me. then this tweet. neither i or the company are selling shares. even if we were, i wouldn't do this. it would be wrong. our long term results are what matter. take a look back on september, 2014, tesla fell 3% after musk tweeted the stock price is kind of high. october 1st he tweeted about time to unveil the deed. the stock initially rallied 6% then fell by 13% between o

if you believe that netflix is a competitor and netflix has to pay a toll to comcast in order to reach -- stephanie: they shouldn't have to pay its competitors whole. guest: could comcast manipulate that in a way that it is anticompetitive? could they manipulate that toll in another way, making the traffic slow, making it very cumbersome in order to get an agreement. even though the government has gone to pull classification of the internet as a utility, there is some who would argue that that is sufficient to protect you against anticompetitive behaviors, but others would say it is not enough. there is too much potential for comcast to manipulate that exchange point. alex: last week, we reported the charter was looking to acquire bright house. is this a sign that at least charter thinks regulators will improve the comcast time warner merger or are they hedging their bets? guest: i don't think you can conclude either way. the argument -- it could just as easily be a step to what you do after the comcast deal closes, as it would be a plan b. the reaction i got from a lot of my clients w

you have netflix, you have amazon tv. how impressed have you been with some of the original content on some of these other outlets? >> if you are a writer, the more vendors that there are for content, the better. obviously, netflix is on fire with "house of cards" and "orange is the new black." amazon has the gary trudeau show, "alpha house." nontraditional tv is great. >> how about you? are you a binge watcher? >> yes. not just of new stuff. i am a binge watcher of old stuff. i can spend a weekend watching "the office." all nine seasons. by sunday night i have done nothing but watch 200 episodes of "the office." >> is this the golden age of television? is content better than it's ever been before? >> i think content is better than it has ever been before. most television isn't very good, there is just more on the high-end now of what is very good. >> how much more competition is there for writers like you, show runners like you? >> i just don't see it that way. if you have something good, it's going to be done. >> i have

you have netflix, you have amazon tv. how impressed have you been with some of the original content on some of these other outlets? aaron: if you are a writer, the more vendors that there are for content, the better. obviously, netflix is on fire with "house of cards" and "orange is the new black." amazon has the gary trudeau show, "alpha house." nontraditional tv is great. emily: how about you? are you a binge watcher? aaron: yes. not just of new stuff. i am a binge watcher of old stuff. i can spend a weekend watching "the office." all nine seasons. by sunday night i have done nothing but watch 200 episodes of "the office." emily: is this the golden age of television? is content better than it's ever been before? aaron: i think content is better than it has ever been before. most television isn't very good, there is just more on the high-end now of what is very good. emily: how much more competition is there for writers like you, show runners like you? aaron: i just don't see it that way. if you have something good, it's

is now the time to sell netflix? firm is making that call this morning and we'll talk about why. it seems like it was bound to happen eventually. twitter severely limiting the act scess of the latest crazy i social. that's when "squawk alley" continues in a moment. now with the you can watch live tv anytime. it's never been easier with so many networks all in one place. get live tv whenever you want. the xfinity tv go app. now with live tv on the go. enjoy over wifi or on verizon wireless 4g lte. plus enjoy special savings when you purchase any new verizon wireless smartphone or tablet from comcast. visit comcast.com/wireless to learn more. >>> broad rally taking place this morning. oil up 200 points. let's bring in rich peterson. resilience in the face of oil. >> now we're a little bit positive. i think we're trying to pull out that positive march so we can have another positive quarter. >> we're seeing some mna. do you think we're getting to that point that we're seeing mna that tells you we might be at the top of

amazon, netflix. >> right. >> there's a few others. put all those things together, i do not like the nasdaq -- >> what's your trade? >> trade. okay. i think b.k. made a great point about the collar exposure. of course. i want to look out to may. i'm looking at the qqq, the nasdaq 100. today when it was 109 i bought the may 108, 98 put spread. i paid $2 for that. it breaks even around 106. my max gain is at $98. i can make up to eight. that's four times my money. i chose the strikes because the qqq broke out at 106. i think we'll have a good shot to be at least there. and 98 is the 200-day moving average in the index basically. i think that would be a nice support level. >> i think this is exactly the trade you want to do. the map works nicely. the other thing i'd point out, it's the out of the money puts on indices that tend to be most overpriced, when you look at it. that's where people often go for their insurance. you want to buy a higher strike and sell when a lot of those other folks are buying. i really like the structure. >> i'm

i think netflix is a completely different animal altogether., i can see all the different reasons. you look at empire, they continue to build in that category as well. but i still don't know why you'd need to get over to disney just to go over to fox. i think you can own both. >> a lot of these guys have ridden the stock up to big gains. for them, it's not the end of the world. scout the quick gain. hope to be able to get it back cheaper. i would guess that most of his sales traders are not calling the guys that are a little bit more long-term oriented. >> a specific call and not a retail investor call? >> that's what i would guess. in other words, if you're covering asset management firms, you're probably not calling them and saying hey, let's scout this and try to get back in five bucks lower. so i think it's fair. the stock's had a huge run. it's not cheap. it's an above market multiple. i own the name. i think it deserves an above market multiple. but i don't see anything wrong with taking a profit after a rally like it's had. >> josh is 10

what do you think netflix spent? $6.00. so how has netflix been able to get there 50 customers? basically bypassing the distribution, which is true in any business. even there we have agreed, ok? that was the agreement that has been put in place for the last 15 years. what we do not like and what we are going to find is th -- fight is this re-regulation of our business under a regime that already failed if you go back to the 1992 cable act. host: you say you are going to fight. does thatm 00--- does that mean in court? mr. commisso: we have three avenues to fight this and do the right thing for my consumers and my employees, whom i love very dearly. i'm the one that is going to watch after them. first of all, we have congress. and we are in full support of the legislation that has an put in place by senator thune in the commerce committee. and i think we will see what happens there, but i think in the next month or two maybe something will happen in congress. at the same time, -- in court because are not just not going to allow three bureaucrats at the fcc to go out and change t

it's called netflix.his is the 8g band. ♪ [ cheers and applause ] >> seth: how are you, 8g band? sounds great over there, as always. fred, so lovely to see you. such an exciting night. our friend, will forte is coming out. a guy we've known forever. and, fred, you know, i've known you forever. and one of the greatest things about knowing you as long as i have, fred, is every single night i come out here and i find out something new about you. and i -- you know, i don't want to over-flatter you. i am so impressed by you and your accomplishments. and the only thing -- [ laughter ] and what troubles me is it's so hard to believe how many things you have going on that i sometimes worry people at home watch and they think you might be making it up off the top of your head. you know? [ laughter ] and i know -- i know you wouldn't do that. we're really close friends. but is this true? did you -- have you started a walking tour of new york city? have you started your own walking tour of new york city? >> fred: i

there is $800 here in 6000 netflix so how has netflix been able to get 50 million customers? by basically bypassing and staring out distribution cost which is true in any business. even there we have agreed. that was a agreement that was put in place for the last 15 years. what we don't like and what we are going to fight is this re-regulation of our business under a regime that already failed if you look back to 1992 cable act and what developed from there. >> host: mr. commisso you said you are going to fight. does that mean in court? do you see a lawsuit? >> guest: i think we are doing the right thing for the american consumer and my employees by the way whom i love very very dearly dearly. i'm the one that has got to watch after them. first of all we have congress and we have full support of the legislation that has been put in place by senator thune in the commerce committee and i think we will see what happens there but i think in the next month or two maybe something will happen. the same time we are not going to allow three bureaucrats from the fcc to change the entir

netflix has huge upside potential.i'm going to give you the details, and i have a feeling one person may disagree with me. stay tuned. ♪ ♪ (under loud music) this is the place. ♪ ♪ their beard salve is made from ♪ ♪ sustainable tea tree oil and kale... you, my friend, recognize when a trend has reached critical mass. yes, when others focus on one thing, you see what's coming next. you see opportunity. that's what a type e does. and so it begins. with e*trade's investing insights center, you can spot trends before they become trendy. e*trade. opportunity is everywhere. . charles: all right, guys, my favorite part of this show, time to make you money. netflix, nflx is the stock symbol. i'll put the caveat, disclaimer out there. look at that chart. it's pretty volatile. i was lucky enough the last few times to buy on dips to make a huge amount of money. i've been waiting for the next dip. it got a downgrade yesterday. i really don't care. obviously it's not for the feint of heart, if you can buckle up and take the next ri

>> netflix people worried about netflix. >> i'm not worried about that one as i want to see what theockup does tomorrow. i think that's an issue the chinese side makes me worried. >> ebay and sotheby's teaming up on an on-line auction platform. a winning bid for those stocks? the number one golfer has a new gig. it used to belong to tiger woods. but first a look at the s&p 500. sectors right now, down day across the street. s&p is off 12.5 points, two-thirds of a percent. materials, stenergy, leading the decline. we're back after this. woman: it's been a journey to get where i am. and i didn't get here alone. there were people who listened along the way. people who gave me options. kept me on track. and through it all, my retirement never got left behind. so today, i'm prepared for anything we may want tomorrow to be. every someday needs a plan. let's talk about your old 401(k) today. 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

netflix doesn't work on it.hese real issues and will they be resolved with the next gen? >> we hear that and we're bringing more with band width to the sky. we're upgrading it and we'll have 2 ku that will start in 2016, a lot more band width to the sky. delta already adopted it an we're talking about the generation after that. it's all about bringing band width to the sky. >> 2 ku, will that enable diagnostics of the plane? >> absolutely. >> really? >> yeah. >> realtime diagnostics? >> realtime ddiagnostics. we collect things about your home thermostat or whatever that g.e. isn't going to know about, their engines in flight honeywell or rockwell isn't going to know about their avionics in flight. they want to know that information. >> gogo will do that. >> we'll do that. >> i know there's a morgan stanley just doesn't seem like to like your stock. it's okay. your stock is up. but i did talk about the chief accounting officer resigned. should we be concerned? >> not at all. >> just planned -- >> just moving on.

and if they subscribe twice as much utility to hbo than netflix and netflix is quite big so i think hbo is reasonable to assume is going to be big. >> as you look at the business model of the large cable companies from whom we buy television service, you would say that the revenue stream is going to change over let's say, the next decade. they're going to charge more more broadband instead of $49 a month, it's going to be $89 a month and rely a lot less on that package of television channels that you get. >> yeah. that's exactly right. the gross profit margins in the video product have been declining for some time. the content that they're paying for is rising about 10% a year. so if you just run the math out in terms of how much your video cable bill goes up each year, about 3% to 4%. there's not going to be any profits in the video by tend of the decade. it's happening gradually beneath the surface, not really transparent but this will just accelerate that transition. where more profits come from broadband. >> it will be fascinating to watch, jason. thank you very much from citi and w

plus, is netflix the last hope to save the sitcom.ell one journalist is making that case and he'll join us to explain a little later on. and think real estate near where you live is competitive. in san francisco houses are setting new records before they even go on the market. we'll going to tell you how and why when "squawk alley" continues in just a moment. woman: it's been a journey to get where i am. and i didn't get here alone. there were people who listened along the way. people who gave me options. kept me on track. and through it all, my retirement never got left behind. so today, i'm prepared for anything we may want tomorrow to be. every someday needs a plan. let's talk about your old 401(k) today. 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? now with the you can watch live tv anytime. it

i think netflix could have a billion subscribers by sometime in the early 2020's and there's no reasont can't just be absolutely gigantic. >> a lot has been made of the power of sharing economies like lift. and you are an invester and tweeted perhaps the biggest key enabler for the sharing gig economy in the u.s. is the affordable care act of 2010, a.k.a., obamacare. i know you've been a republican donor and some republicans want obamacare repealed. what would you say? >> if your health care is not tied to your employer you can switch jobs any time you want and even if you hate obamacare as a government takeover of the health care system you should still love it because it makes it possible for people to pursue their own dreams as opposed to getting tied to one job. >> there's been a conversation in san francisco going on about inequality and the responsibility of the tech community. you mentioned tech companies are a part of the stanford hospital project. mark beniof has been adamant tech companies need to do more, what do you think? >> i think that's basically right. it's basically t

netflix has been compelled to pay to get ahead of the line.s a company that opposes having to make those kinds of things. let me read a statement from reed hastings, the ceo of netflix. what he had to say about this specifically, he said strong net neutrality prevents isp's from charging a toll to services like never ask. they must provide significant access to their network without charge. he goes on to say "allowing fast lanes gives isp's the perverse incentive to allow networks to congest, and the power to pick winners and losers on the internet." this is a company that has been compelled to pay this to comcast, to verizon, to get ahead of the line. harold: i respectfully disagree. i am afraid that what we are seeing here has just been from netflix. netflix entered into agreements for contracts with verizon and comcast to effectively put themselves at the head of the line, in front of millions of other content providers and users on the internet. before netflix entered into that agreement, it was treated the same as everyone else. that is w

what we have seen here is just spin from netflix.etflix entered into agreements for contracts with verizon and comcast to effectively put themselves at the head of the line, in front of millions of other content providers and users on the internet. before netflix entered into that agreement, it was treated the same as everyone else. that is what title ii is going to require. it will quite frankly prohibit the type of contract netflix entered into. cory: what they say is that it let the isps can just their -- congest their networks or make their networks look congested so they could charge that fee, and there was sort of the perverse problem. what do you do for that problem, creating an incentive to create that congestion for the benefit of more income? >> i do not agree that there is a problem. i believe a lot of this is a manufactured problem. let's hypothetically say there is a problem. is the solution to impose telephone regulation on every broadband provider in america? is that really the path we want to go down? is the solution

that is exactly what netflix did. am laughing at them right now if they're honest saying they're upset about the government. they brought it on themselves. david: matt is exactly right. corporations want regulations for everybody except them. that is called crony capitalism. >> then you have the companies doing pay to play, basically acting like bureaucrats getting bureaucrats to do what they want with their own slew of lobbyists. i'll tell you i'm not crying crocodile tears or tears for comcast or verizon. they really do enjoy a really lucrative position in the market, really fat profit margins. talk about crony capitalism, the telecom industry in this country gets to charge a lot of money in the way of fees. you don't see that activity or charging going on in europe or other countries. david: no you don't, but the point, mark, they are beginning to hurt, competitors are nipping at their heels. apple coming out with unbundled system, a lot of providers with unbundling, could panic them and they're running to the gove

if you ask me to pick a level, i'd rather be a seller of netflix than buyer. >> giddyup on netflix? >> i'm in giddyup mode on netflix. we talk about international exposure all the time. it's been laid out there so many times. latin america is the next greatest thing. europe has worked. now it's up to latin america as one of the areas they've got to find the growth that we expect they might get. if they do, the stock goes much higher. >> what i think is interesting, whatever six months ago hbo started talking about bundling and people talked about cutting the cord, it's bad news for netflix. in an unbundled world, netflix is king. it's debatable. this is a technology company, not a media company ain and is overprized. >>> simon property making a final bid for a rival. karen finerman thinks the bid may not be what it seems. the fine print next. >>> plus it's exactly one month until apple's watch hits stores. will the launch be a game changer for the stock in that and more "fast money" straight ahead. hello. i am here to offer sophisticated investing strategies. my technology can help

instead i just want to have netflix."nd there you're only spending about $10 a month. >> reporter: there is, however is one wild card to contemplate. what is mostly "streamed" via broadband is more or less traditional, recognizable fare: big-budget dramas like "house of cards," re-packaged tv shows via hulu plus. but craig moffat, who's been analyzing the industry for years, notes that the cord cutting and cord-never millennials are actually often watching something very different. >> they're existing in an entertainment ecosystem that operates entirely outside of the pay tv system that we know today. it's content that's developed for 1/10 the cost per hour of traditional content. and it's not distributed via cable and satellite operators. it's distributed by social media companies. >> reporter: moffatt's talking about videos that you can watch without a tv, like "between two ferns", zach galifaniakis' interview show on the "funny or die" website or "high maintenance," the sitcom about a marijuana dealer on vimeo. millenn

what did netflix really expect? all they wanted was to get a toe hold into this industry, and it's, as the golf and senator -- governor and senator said, be careful what you wish for. we saw this, in my opinion, on obamacare. a lot of the insurance companies are saying, well, maybe this wasn't such a good bargain after all. david: all right, guys. negative interest rates in europe help or hurt the united states, and are trains becoming a bigger environmental threat than pipelines are? liz, over to you. liz: major changes for any american trying to buy a house, a car or even applying for a new job. your credit report is getting a revamp that could help you. we're going the tell you how it will impact your money, coming up. >>> plus, apple watch examined. one of wall street's most bullish analysts tells us why after all the hype it's not the watch he's watching. what could it be? now that all the details are out would you, will you buy an apple watch? tweet us @fbnatb. we'll read some of your answers coming up. ♪ at m

and as a cult stock, netflix is not judged by sales or earnings. the number of new sign-ups worldwide. it's very hard to value here. but i look at it this way, why i condone, i'm not recommending but i understand why you want to. netflix, i believe, could double the price of the streaming service and no one would balk. it's become crucial like amazon prime or your costco membership. and that's what attracts me to the situation. 2011, c.o.g. took the number one spot in the s&p 500 up 101% because people discovered they had the cheapest natural gas in the world in the marcellus shale. chiefly in northeast pennsylvania. and while the stock continued to roar in 2012 and 2013 another easy win. lately, it's been a very hard slog. in part, that's because the gluten of natural gas is killing them and the company has too much capacity and needs more pipeline infrastructure to send it to new england. oh, it'll come but until then no, i'm not a fan. the top performer in 2012 was long time cramer fave regeneron. since then the stock has climbed another 151%. a

netflix, we like it. streaming services clear winner. but when you get netflix that can kind of move -- that can be a beacon for growth stock investing which is bring back money to biotech, for instance. so we're going to rotate back into that group which has been weaker. we'll by stocks like monster beverage. >> right. to the research you noted from barclays and cantor they talk about netflix, as the must-have of the whole group. >> interesting, must have. >> we have more and more unbundled packages. >> what do you think? >> makes sense. given the price point and what they are offer and their investment willingness to invest in content, you can see how if you have 15 channels you might want netflix to be one of them. don't you agree? >> the question to me is sports. if you're a sports fan, you're going to take the price up so high regardless. >> right. >> even with only broadband, you're still going pay $50 for broadband, netflix, do you want hbo? that will cost another 15. >> you think the bundle is a b

there are other tech/media companies, like netflix. the movie provider is the single best performing stock in the nasdaq 100. companies like apple, amazon and netflix have an influence because of their sheer size. we hit the 5,000 mark on the composite despite companies like microsoft and intel. perhaps a big reason why we haven't hit these levels sooner. for "nightly business report,". >> liz saunders joins us to tell us what's different about nasdaq 5,000 this time around. she's chief investment strategist with charles schwab. great, as always to see you. >> hi tyler. >> how do you characterize today's nasdaq and compare it with the one of 2000? >> i would not use the term bubble by any stretch to define where we are, when you just simply focus on valuations which was really at the heart of why we classified it as a bubble back in 2000. the nasdaq was trading at close to 200 times in that era. 10% of that right now. i think also what's interesting, and dom talked about the health care companies, nasdaq is much more diversified now th

i think netflix could have a billion subscribers in the early 2020's.here is no reason why it cannot be gigantic. ♪ ♪ >> a lot has been made about the power of the sharing economy, in companies like uber and lyft. you recently tweeted, "perhaps the single, biggest key enabler for the sharing gig 1099 economy is the affordable care act." i know you have been a republican donor, and some republicans want obamacare repealed. what would you say to them? >> if your health care is not tied to your employer, you can switch jobs anytime you want. even if you hate obamacare as a government takeover, you should still love it because it makes possible for people to pursue their own dreams as opposed to getting tied to one job. >> there has been a conversation in san francisco going on about inequality and responsibility in companies that are part of the stanford hospital project. mark benioff has been adamant that tech companies need to do more. what do you think? >> that is basically true. a lot of the new startups are brand-new. a big part of this is what the bi

netflix shares slipping pre-market. we'll take a look at that downgrade, and disney cinderella casts a spell at the box office, but btig stepping in the role of the evil stepmother cutting to neutral after a volatile week on wall street the euro near 12-year lows. a lot going on. a lot to watch. >> yeah. i was kind of hoping that this would be a non-entity week because there's not a lot of companies reporting. but the companies that do report tend to be very big, like nike fedex. fedex giving you a view of the economy on the same day that the fed speaks. and oil trading at levels that are worrisome to some, not me. but it just turns out there's just no quiet weeks anymore. and we start off with a rally, it looks like that is like from where? from where? i don't know. the dollar for 30 seconds didn't go down? i mean, didn't go up against the euro? the euro carl it trades erratically in the middle of the night. >> yes. right off the bat last night. fell straight below 44. >> and i just find myself riveted because it must

so they spend tens of millions of dollars, versus netflix, which spends billions of dollars.r of magnitude. >> but netflix is still the bench marc that everybody aspires to. that said, the stock has been running into problem since it made that 480 high, i think it still pushes to 400. i think what all this shows is why disney is still -- if you lump disney in, why they're still best in class on any metric you want to use. people say they're expensive, they've been saying that for a while. if you're trying to find the best stock in the space, it's dis. >> should i be worried if i'm an investor in a cdc or a chatter. because basically the networks are getting an upper hand, because they're like, we can go to this appletv slimdown service, and you have people like me, i might cut my cord and not have the set-top box anymore. >> all you have to do is look at the performance in the name. when you look at the cvc, it's down 13% or thereabouts. apple's up 15%. and even though netflix is running some technical difficulty, the stock is still up 22% year-to-date. so, it's playing out i

netflix, which uses an incredible amount of web band width. and google financed all these groups. in the end, they had second thoughts. but why is silicon valley like this? >> it is very short term thinking. and i think, as you said, google and other some of the others were endorsing this when it was a vague concept that we are going to treat consumers well. as it has now evolved with push from the left wing activist and from netflix and the government will run the internet, they are starting to have second thoughts. netflix, they don't want to pay, they don't want to pay a lot of money for the fact that they push about third of all internet traffic with their high definition movies into people's homes. they want other people to pay for that. but i think they will regret it. >> mare oo, what do you want to do about it? it looks like congress isn't going to stop it. >> it will be tied up in court. we have had several associations say they will sue. but ultimately this problem can only be fixed with a new occupant in the white house that it wants it depoliticize agencies like the fc

. >>> four major movie theater chains are boycotting netflix. of no nation. netflix first feature film. regal, amc, cinemark and carmike are the four theaters. they violate the 90 day delay by having it appear on netflix at the same time. >>> some call it tinder for snobs. >> cate caugurian shows us the app that requires user to have a minimum salary. >> reporter: money can buy a lot of things. fancy clothes, houses, cars, but love? creators of a new dating app lucksy say why not. >> this is tinder minus the poor people. >> reporter: you heard him correctly. an app geared toward the 1%. >> i would describe the average member as somebody who makes a lot of money, multiple cars, art collections, big fancy mansions. >> reporter: in order to join, men must make $250,000 a year. women? well, you have to be attractive. >> it is sort of like that party you have in high school where the men get in $2 and the women are free. >> reporter: you can share your favorite designers. >> designers. >> we see lot of members coming out of san francisco than anywher

for example, netflix, you could make an argument that netflix is a 10 x value proposition.ou go back to new master's academy, the art class folks, the comparative set is having to go to a college and spend 600 or $800 on a live class. that's one of the biggest things to think through your subscription, how to make it ten times better than buying a a la cart. >> next we answer your questions on preventing and discussing employ theft. and is there such a thing as a pricing formula? . american express for travel and entertainment worldwide. just show them this - the american express card. don't leave home without it! and someday, i may even use it on the moon. it's a marvelous thing! oh! haha! so you can replace plane tickets, traveler's cheques, a lost card. really? that worked? american express' timeless safety and security are now available on apple pay. the next evolution of membership is here. >> this week's selfie comes from erin blakely. get out your phone, take a selfie of yourself and your business and send it to us at msnbc.com. or tweet it to us. please don't forget

i think netflix could have a billion subscribers by sometime in the early 2020's. do not think there is any reason why it cannot be gigantic. ♪ emily: a lot has been made about the power of the sharing economy, in companies like uber and lyft. which i know you are an investor in. you recently tweeted, "perhaps the single, biggest key enabler for the sharing gig 1099 economy in the u.s. is the affordable care act." a.k.a. obamacare. i know you have been a republican donor, and some republicans want obamacare repealed. what would you say to them? marc: if your health care is not tied to your employer, you can switch jobs anytime you want. it turns out, even if you hate obamacare as a government takeover of the health care system, you should still love it because it makes possible for people to pursue their own dreams as opposed to getting tied to one job. emily: there has been a conversation in san francisco going on about inequality and responsibility in -- of the tech community. you mentioned tech companies that are part of the stanford hospital project. mark benio

betty: that i want to make money, so why are netflix going after them. studios going after them more? >> they are. it is hard to track these guys down. not like i conserve papers to them. i have to find where they are in a foreign country. you need the jurisdiction and a way to find them. betty: they are good. what can movie studios do? short of trying to take legal action which seems very difficult. >> as the world wide web and video streaming content matures there will be certain laws and ids will be able to hold these sites down. in the meantime, there is no dvd screener out. they are sending things through links on the web and securing their content with more sophisticated models. you look at playstation and they will not allow sites like this up. betty: thank you so much for joining us. they've shannon, the executive vice president of popcornflix.com. 14000 jobs in the investment banking division. americas top tech companies are raking it in an stashing all away overseas. not in the indian ocean but overseas. we will be back. ♪ betty: alex sherman a

i think they go much higher. >> i vinegary although i am not sure about netflix. they said life events are not their thing but live sports are still the crown jewel and night think ultimately google will be the winner and they are dominating video on demand on the -- on demand and that will benefit them. sanders and they want to tip toe but holy cow. talk about to nonessential team's 9:30 a.m.? >> i don't know if you to give is "making money" but that has been gathering more eyeballs. i'd never heard of them but they're making big-time money. but this seems to has confirmed that. >> i see more and more people dropping cable because they're watching more and more things on netflix or youtube. even listening to things on ex-im's serious so people are getting away from cable and they have a huge bill and going to something else. charles: are you watching a movie now? >> no. but fox business.com is so important you can get the segments that you want to watch even facebook is talking about hosting content is said to us sending extra roll that is a huge. charles: real q

a bold call downgrading netflix shares today.utting the price target to $380 from $450 a share citing an intensifying competitive environment. keep in mind netflix shares have been in rally mode as one of the best performing stocks on the nasdaq 100. up more than 30% year to date. let's bring our market expert back in. managing director at bks a set manager. you follow market trends on a broader basis. where do you think the buying will be given fed policy meeting this week. should we see investors taking more defense or get into the growth sectors like tech? >> i actually think that the fed policy decision is going to be an excuse for some profit taking in the dollar rally, which in turn is probably going to help u.s. equities a little bit. we're trading on an inverse relationship. i think it's going to be an interesting weak. i've been saying the euro is oversold at this point. probably due for a little bit of a balance. this is going to be a good week for an excuse for that. i don't think the fed will add salt to the wound and

netflix shares up over 1%. sweeney is most recently the co-hair of disney media networks until she stepped down in january of this year. the ceo said, quote, we look forward to benefiting from their perspective. >> convenient move seeing as hastings was on microsoft's board until two years ago. they know each other. >> remains to be seen whether microsoft would go into content. >> no. >> is this saying they're not competitors? >> they're backing away from content. i don't think that's going to happen. >> meantime, stock was almost -- started flirting with $500 back probably in february. of course a good month. come back a bit here. competition has come on strong and quickly. >> and all kinds of content. talking about music and video. every week some new streaming subscription service is launching. >> we opened up 200 some odd points and really moved to the 30 or 40-point range. busy week ahead. we're going to get a lot of data. adp on wednesday and that jobs number on friday. >> the market will be closed. >> ha