and netflix.ll of the internet consumption is getting better or it may be just there was no great big movie opening. >> reed, tell me the impact of comedy. dave chappelle was probably big for you guys. i saw minage just launched over the past few days, ali wong has been buzzy. is this something people are like to repeat watch? how does that affect your subscribers? >> first, they did comedy like master of none and kimi schmitt and there is standup comedy we are doing really well in. you try to develop talent when they are early in their career like ali wong and epic like dave chappelle. >> do people watch it differently? >> they watch it how and when they want. some people watch it on the phone. some people watch it on the big screen tv and people do repeat watch those shows in particular. >> one of the other categories you have been moving into is movies, war machine, cost you $60 million and you also put it in theaters last weekend. was that investment worth it, putting it in theaters and spendi

amazon or netflix? >> amazon.ike the fact that they continue to grow as kevin said without regard for profitability. the market seems to endorse that. the market likes the bigger is better quality. they're not in a business, the entertainment business as their dominant business although they are as a subsidiary of amazon where they're at the whims of the public constantly. netflix was doing a great job in the subscription business and that's what they were doing and developing their viewership across the globe and now they want to make all of that content. they're producing more, i believe, than all of the major networks combined. enormously expensive. very low profitability. i would worry about that as an investor. >> i own netflix. to kevin's point, there are many more metrics to measure netflix on than amazon. amazon is othver all thesis. netflix is a business that gets measured on the factors that you mentioned. amazon, netflix can crush them at any point in time. >> you're the biggest scrutinizer of valuation

everybody made fun of netflix, now they don't make fun of netflix. everybody does what netflix does. the question is are you really committed to where it's going. it's really going into autonomous vehicles. whether it's in a testing phase or you will have to eat a lot of revenue to get there, you have to have something to show for it. ford never made that google deal. they had talked to google. there was some back and forth, it wasn't pleasant between them. they never made it a big deal with a company. they just set up an autonomous vehicle unit here in silicon valley but it felt more like show than actual and what attracted the engineers, this is a race for the engineers of which there are a limited amount to create these cars, so i think it felt like they probably weren't far enough long and at the very same time, they weren't selling enough trucks which of course is their business. if you can't do either of them, you are in kind of trouble. i don't think you can just do the autonomous part because that is for the future, but you definitely have to

julia boorstin takes a look at what lies next for netflix. >> netflix and its ceo have changed quite a bit from the days of red envelopes delivered by the postal service. netflix had 600,000 subscribers only in the u.s., paying $20 a month for dvds by mail. with about 11,000 titles. now, netflix is a global entertainment powerhouse. with 100 million subscribers in over 190 countries. paying about $10 a month for streaming. distinguished by the original content. according to an early shareholder, netflix's success is driven by its ceo's vision. >> reed is an incredibly gracious and humble guy. so he's probably going to cringe when i say this. but he is wicked smart. and i don't mean in the, i'm the smartest guy in the room sense, i mean someone who's capable of thinking of first principles yet also at the visionary level. >> the number of titles netflix offers varies from country to country. the company says it streams more than 125 million hours a day. netflix's growth will come from continued global expansion, and more exclusive content. the company's releasing more than 1,000 hours

guy, i think you like netflix, right?> i've loved netflix since reed hastings started this. >> hold on a second. the stock is up 80% in the last year. that's a lot of love, dude. >> that's a lot of love. >> it's in the price. it's a great company. >> what did you say? >> you heard what i said. >> you go chart yourself. >> guys, you both go chart yourselves. >> go, tim. >> what do we call this machine now? >> i'm going to go first. >> you clearly challenged me. >> go for it, man. >> i'm going to write some words here. okay? stay with me. here's a word for you. i'm going to go slow for you, tim. what does that say? >> jell-o. >> i'll write another word. what's that say? band-aid. can you see that? you see that? >> you're wasting your time, man. >> this word is kleenex. what did julia say the problem could be with netflix? she said competition. i offer you this. jell-o has competition. it's gelatin. but everybody knows jell-o. band-aids are adhesive strips. everybody knows band-aids. kleenex are facial tissues. >> i don't kn

when netflix's name appeared, there we re when netflix's name appeared, there were boos.s through the decades. all that on this special cannes edition of talking movies. —— talking movies. it proceeded as normal this year, but there was heightened security. the mood was subdued and a little tense after the manchester bombing. festival—goers still thronged, beggars were eaten, and espresso was down. one big difference, film wise, this year, is that no big hollywood studio pictures were there. but that is not to say there was no american presidents. american indie films feature prominently in the lineup. —— presence. one of the more eagerly awaited films was the beguiled. the story of a soldier during the civil war, sheltered by women at the junior girls school. it is a reimagining of a 1971 film, starring clint eastwood, that coppola has to from a woman ‘s point of view. it includes kirsten dunst, nicole kidman, and elle fanning. todd haynes had wonderstruck in competition. it told to parallel stories of different children from two different time periods. —— wonderstruck.

a popular netflix show stolen and released on the web. cyber thieves threatening more studios demanding ransom. >>> inspiring america, tom brokaw with a moving reunion all these years later. "nightly news" begins right now. >> announcer: from nbc news world headquarters in new york, this is "nbc nightly news" with lester holt. >>> good evening to our viewers in the west. president trump and the white house are speaking out about two controversial world leaders today in ways that are surprising some. the president is not ruling out applying his negotiating skills in a sunday face-to-face meeting with north korea's kim jong-un. and he's standing by his invitation for the philippines president to visit the u.s. the brutal anti-drug campaign has raised serious human rights concerns. national correspondent peter alexander has details. >> reporter: tonight, president trump with this alarming warning about north korea. >> so nobody is safe. we're probably not safe over here if he gets long range missiles, we're not safe, either. >> reporter: tha

there's rumors that walt disney is going to buy netflix. even thoel the ceo has down a remarkable job. last week's noisy layoffs at espn solidified the chatter. again, i think what's the point of this? i hear people thinking about espn as a traditional offering and wall street seems to have moved on from their focus of subscription. the customers will rebel over the size of their cable bill, that's a theoretical construct, but that probably makes some sense, i bet auger will leave well enough alone, and the on only thing that keeps me from putting a dagger into this rumor, you would think that alphabet could take a breather after that staggering run from 8.95 t$8.95 to $9.25 but it tur the stock didn't get the rise it could have. the service cloud has emerged as viable supporters. maybe if the bell had rung later. to me alphabet's quarter was a food for thought experience, where your assumptions about google being an advertising supported company, and therefore bounded by the 6$600 billion ad market were totally challenged and the company f

when netflix's name appeared, there were a lot of boos. anniversary, we look back at cannes through the decades. all that and more on this special cannes edition of talking movies. cannes proceeded as normal this year, although heightened security was much more noticeable, and the mood was subdued and a little tense after the manchester bombing. festival—goers still thronged, baguettes were eaten, and espresso was downed. one big difference, film—wise, this year, is that no big hollywood studio pictures were unveiled, but that's not to say there was no american presence — farfrom it. us indie films featured prominently in the lineup. one of the more eagerly awaited films was sofia coppola's the beguiled, the story of a wounded union soldier during the american civil war, sheltered by women at a virginian junior girls‘ school. it's a reimagining of a 1971 film, starring clint eastwood, that coppola has told from the women's point of view. many critics at cannes viewed it as coppola's best film since her award—winning lost in translation. sh

earlier, the hackers posting, "it didn't have to be this way, netflix. you're going to lose a lot more money in all of this than what our modest offer was." no specifics about the ransom demand from netflix, who in a statement says, "we are aware of the situation. a production vendor used by several major tv studios had its security compromised, and the appropriate law enforcement authorities are involved." a classic ransomware attack, cyber experts say, malware that seizes control of a computer, threatening to delete or release files if demands are not met. >> expect this to continue to happen. the entertainment industry has been struggling with the problem of how do we keep something private until we want to release it. >> reporter: perhaps the most high-profile case, sony pictures, 2014, celebrity gossip, executive salaries, the movie "annie" released early by hackers linked to north korea's leader, angry about an unflattering film. >> look at him! if that ain't a real story, what is? >> reporter: last year, a chain of washington, d.c., hospitals serv

netflix watching the series on 8 or 9, and it is terrible.ean, hannah and clay are so torn up and nobody is helping them. their friends, their school, parents. you know, it's like, somebody on sxup see what is going with these kids. had a nephew who committed suicide back in the '80s and we think about it. say caroline, what do you to her when she says she's watch thanksgiving show and thinking wake up. guest: yeah, i think that goes major flaw to the that i'm consistently seeing with the show, which is the fact no one is paying attention. hese adults are incredibly detached, that they -- the way world,ortray these teens' there are no adults. they don't show one healthy, adults.ship with these it is so important for us to have healthy relationships with adults. i think that in the world that i live in with treating teens at academy, there are adults that care about them, that is how they end up in treatment, but that being said, he fact of the matter is that it has gone on for a long time before they go and get treatment. 100%, to say, ou all

i see a lot of korean dramas on netflix as well.hing that distinguishes they are netflix specific productions. do plan that with iflix, for specific iflix content? doing a series of comedies across southeast asia. in southeast asia, as well as original productions in selected countries across asia. we will be bringing the strategy to the middle east and africa, but on a localized basis with local actors, directors, producers. angie: local meaning the price point is much lower than a $10 million per episode of marco polo or the crown? >> of course. much, much lower. we think demand is higher for that lower price. angie: look, you are charging two dollars to three dollars per subscriber, probably about what half of what netflix is charging. first of all, do think this is enough to make money, and number two, people can download stuff for free, and they have been comfortable doing that outside of the u.s. how do you combat that? >> it is interesting you mentioned that we view our primary competition as piracy. we have to deliver a serv

netflix said no. they want perjury was to use their paid streaming services, a stance that has enraged the movie sector theater in france. netflix, theeo of california company is in its right. he said the establishment is closing ranks against us. theater chains want to block us from entering the cannes film festival. ther talks, they said that films will be allowed to stay in the competition but to abuse the french theater industry, the festival has also established a new rule. as of next year, all cannes films must be ready to be distributed in french theaters. >> we agree that a film should be released in french theaters and spectators should have access to it. at the same time, what are we talking about? that canmber of films and unfortunately do not make it to theaters. another film in the competition but they stream online and in theaters. watching france 24. let's take a look at today's top stories. french presidential elect emmanuel macron has parliament in his sights. of hundreds of mps, half

>> controversy erupting over the netflix series "13 reasons why." accused of glorifying teen suicide. now one high school answering back. students taking to the loud speakers, broadcasting their own struggle. >> getting teased and picked on for how i look. >> calling me worthless, that i'd be better off dead. >> celebrating their reasons why not. >> your words talked me out of hurting myself. >> the stupid body reaction they never expected. >>> and malibu miley. ♪ next year >> the smiley cyrus back with a new love song for liam hemsworth. the not so hidden gem in this music video that pays tribute to her groom to be. ♪ next to you >> first here are the "nightline 5." >> i sneeze. there goes my sensitive bladder. sound familiar? you'll live always discreet. incredible protection in a pad this thin. i didn't think it would work. but the super bowl absorbent core turns liquid to develop gel. i know i'm wearing it but no one else will. always discrete. >>> i've discovered bladder leak underwear that hugs every calf. always discreet underwear for bladder

>>> back now with the cyber threat against netflix.ing to hold new episodes of "orange is the new black" and other key data hostage. reportedly demanding ransoms. here's mara schiavocampo. >> this is not a negotiation. >> reporter: tonight, netflix seeing red over the reported leak of "orange is the new black" more than a month before the show's scheduled release. the hacking group the dark overlord reportedly stealing the ten episodes from a post production company, leaking them after the hackers say netflix refused to pay a ransom, in a press release gloating, "it didn't have to be this way, netflix. you're going to lose a lot more money in all of this than what our modest offer was." now, the hackers claiming to have stolen content from fox, ifc, nat geo and abc, making more ransom demands. "our offers are still on the table for now." >> the companies need to be good all the time. the hackers need to be lucky once. anything you have stored electronically has risk. >> reporter: dark overlord has targeted more than hollywood. last jan

what we adults like to do is binge watch because of netflix.g about that. but just in time for summer, there's something for the kids to binge watch so mom and dad can maybe watch too. >> sometimes change can be scary. like moving from the city to the middle of nowhere. leaving all my friends behind. and being the new girl in a strange place. >> if that horse looks a little familiar, that's because that's spirit the son of spirit from the 2002 movie. however, this is an all new original story by dreamworks animation tv. there is now a netflix show that your kids can watch and hear the new stories of spirit and lucky, a little girl who moves from the city to the country and it's an adjustment for her. >> good call. >> this kind of explains spirit's story. >> saved my girl's life. he deserved to be with someone who makes him happy. heck, no one else can ride him. he's got a lot of spirit. >> spirit. >> in the movie, spirit wanted to be free. he was a wild mustang. this little girl lucky thinks spirit should be free too. this is a story of not onl

this is netflix. think very soon you will hear of netflix being an acquireer, there is a lot of competition coming online, huh huh, why wouldn't they buy pot sfie like broaden out here and have a broader outlook? >> i think that's all smart stuff. i think it's crazy to think that disney would buy netflix. they own a big piece. they have this band -- espn is getting new life through this band tech which will be streaming espn, major leak baseball. it's disney, why do they need to buy netflix? >> they won't be as profitable as traditional cable customers. >> obviously, they can compete wherever they want to. they're not waving the white flag and saying over the top el i think they made over the top investments. meanwhile, you are investing in consumer product and investing in parts. >> do you want to respond? >> i understand, the valuation to buy netflix can give or take a $90 billion deal t. likelihood seems to diminish. netflix continues to go higher. in terms of content the land grab. quite successfu

people seem to be clearly paying more attention to content on netflix, on amazon.s that mean they are cutting off the cable providers? comcast did okay. cbs is hanging in there. it's not clear how this is going to shake out. >> it's the networks that are ultimately threatened. it's not the cable business. we need to connect. we need access from something. comcast is in a great position to provide that. fewer and fewer people are going to watch traditional network television. if you think about what has to be live, what netflix and amazon and all the others can't do, it's news and events. you are in good shape. no worries. most of television is better when it's time shifted. you watch it when you want to watch it, wherever you happen to be. there's no reason for the network model to exist. >> i want to get your take on this. before we do that, let's listen to what tim cook said about this issue in his chat with jim cramer last night. >> on video in particular, what we see that the video world has hit an air pocket. where cord cutting has been happening on some kind

netflix as an example. i love the shows, but if i want to watch amazon prime video, you can do that. there is nothing stopping you from switching back and forth. want too or three of us start our own video programming online tomorrow, we can do that. we can create a show, and if it is good, we can compete with netflix. that is what it is about and having the customer experience online is why our companies care about it and why we are fighting for this. peter: is it in a perverse way kind of an incumbent protection system when you put things under title ii? mr. beckerman: i don't think it is based on a title i or title ii service. it is more about the rules. when you mentioned paid prioritization, what chairman pai could decide to do is keep it under title ii or allow -- but allow for paid prioritization. that could happen. , butave title ii roles they allow for paid prioritization. in our view, that is not true net neutrality protections that people want, and we would not support that. even if they say, we

if net neutrality means that the heaviest users of the last mile infrastructure -- that being netflixght -- that government is going to pass a rule in advance that says netflix and the isps are prohibited from entering into cost-sharing arrangements under which netflix would say, hey, we want all of our customers to be able to get 4k, and verizon would say why don't we find a way to share the cost of doing that, we'd love to do that too, and comcast and so on, but we don't have the capital budget to do that. but you help us pay for that and, absolutely, and maybe you raise the price. you think your customers really want this, you think the value is there. if you believe that, if you believe you're providing greater value, they'll be happy to pay an extra buck because they'll be getting better service. i'm not in favor of the government stepping in and saying that transaction can never occur. any transaction like that is banned. there's another policy. there's a possibility that verizon goes to netflix and says we've got all these customers, they're never going to see your stuff unless

the targets, netflix, disney, hulu, tesla. they said netflix would be apple's best bet.phone maker could use 1/3 to buy netflix, and 2/3 for buybacks. youtube is planning to expand original content. they are getting even bigger. thursday the announced a half dozen original series available for free on the world's most popular video website. the alphabet-owned company hopes to attract viewers and advertisers. here with more on the expansion plans. what do you make on the reality is succeeds? >> my first take was, oh no, more tv. my friend said the handmade scale is great. but now i have to subscribe to hulu, too. but they invented video on the internet. we're seeing a huge push by them in the last year or so. they have 35 channels coming out, a typical cable-like bundle they are offering. you have youtube red with original programming for $10 a month. some you will be able to watch for free. it is a big push to captures some of those original programs. in the big picture, google crushed print advertising and this is their chance to bring analytics to the tv world and get

ashley: well, netflix hack attack. the steeling giant refusing to pay ransom to protect one of its biggest hits. more fallout from that and what it means for other media giants. melissa: tensions escalating between the u.s. and north korea as both sides make new threats. how bad does this get? we'll ask one of the foremost experts on the region, gordon chang. ashley: this was the scene earlier in new york. people that don't have a job to go to i guess. chaos in union square. one major city even giving workers the day off to go join in. melissa: how nice. ashley: nice for some, right? dan henninger of "the wall street journal" editorial page will sound off. >> we're here marching, being loud and visible because we'll not go back in the shadows. we'll fight. this is the country we love and we want to make it better. ♪ predictable. the comfort in knowing where things are headed. because as we live longer... and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've

details to the proposal that could mean extra costs for services like netflix or hulu. >>> we're tracking the warmup for tomorrow and then the big cooldown that shows up afterwards. we'll see you right back here with all the details. [ birds chirping ] [ inhales, exhales ] [ announcer ] cigarettes are not just dangerous when they're smoked. [ rat squeaking ] they're dangerous long after. cigarette butts are toxic. they release chemicals that poison our water... and harm wildlife. and millions... are polluting our environment. [ sniffing ] [ seagulls squawking ] >>> streaming services are changing the way a lot of us watch television. >>> yeah, it's a trend that has local governments considering new taxes on services such as netflix or hulu. fox news claudine wong tells us consumer groups are taking notice. >> reporter: government officials don't produce shows for hulu, netflix, amazon and other streaming services but that's not stopping some from looking at ways to tax them. >> local deposits and power to tax are like an an moebe you squeeze them in one place they pop out someplace else.

i think crazy to buy netflix. if they do that, if they do that a third of the installed base of shareholders will exit that stock, believe me. that's going to be so diluted. maybe the ship has sailed on the idea that apple should buy netflix. i've referenced once they should and there would be a 40% chance that they would do that. but do you want to weigh in, kevin, on the discussion debate, argument, whatever you want to characterize it as weiss was make iing his point about appled tim cook? >> look, i think cook has been b a fantastic ceo in total returns to shareholders. you can say he's not coming up with brand-new directions. on the other hand, he's kept the course and he's built an amazing franchise on one metric. we have been waiting for this stock to diverge from the idea that's consumer electronics. it's not a nokia, not a motorola la. you're not going to find the iphone in the smithsonian next week. he made this promise with cramer. he's going to double the services business from 12% to 20 plus. if he do

how netflix and amazon are changing the distribution game. ms.enthal: the traditional players are also going to have to look hard at their business and start taking some real risk in what they are doing. megan: and a master's advice for young actors. mr. de niro: got to auditions, even after they have been cast, you go, you go. ♪ ♪ megan: i went back and watched the graduation address you gave at tisch two years ago, and it went viral because you had said at the very beginning something i can't say on tv like congratulations, you made it, and now, to paraphrase, you don't have a great outlook. the thing that stood out for me in that talk was how much you talked about failure and rejection and the struggle. you talked about how you are where you are because you are lucky, but how much is luck combined with going through that struggle of rejection and pushing through? mr. de niro: luck is there, but you have to be ready to be in a position to get lucky. that means you have to consistently be doing what you have to do because you love doing it. you

i mean, netflix has bumped up against that a lot of times. they realize it just keeps going higher if they want to reduce -- that could eventually become a problem for facebook, don't you think? >> surely it could. if you lock at it that way, but when you look at what netflix is doing, they are doing something more on par to hbo or showtime, producing things that could be on primetime dramas or premium tv. looking at facebook partnering with buzzfeed for example, that's a lot of daily snackble content. they are putting money into it, but, again, the consumption model is just really different. >> right. >> to the point that you have the video head as something -- >> and interacting with friends. >> what are we talking about here? cat documentaries for facebook? i mean, if we're not talking about -- >> they are scripted and up scripted, so, you know, i think there is some potential game show elements, but i think there's going to be a lot of 20 and 30 minute sitcom stuff, not necessarily what's on tv, but what the publishers and producers come

so netflix makes orange is the new black.t it to a production studio for sound mixing, and it's from that third party that authorities say the hack happened, the hacker was able to then take these episodes, upload them and then demand that a ransom from netflix, who has the deeper pockets, it sounds like the ransom was not met. netflix has said they are aware of the situation, but not commented on the ransom. then the hacker uploaded these episodes onto a public sharing site, on what is called the dark web, where many people were able to view them. other corporations, fox, abc among many others, national geographic. saying they'll release other episodes if demands are not met. one would assume that the hacker is also asking for money from other corporations. so it's making big headlines and it affects how many of us watch tv. >> if you're a fan of the orange is the new black, can you go to the dark web and watch it, or were they able to take it down? >> no, you're able to go and watch it. netflix has no control over this webs

secondly, i think we're looking at a business that was targeted, not netflix.t was not netflix itself that was breached. >> just to be clear, we're talking about what we call post-production house, where the production goes to get all the finishing touches put on it. >> that's right. so in this case, we're talking about a vendor they utilize in order to put their products together. that is very challenging when we think about what is the risk that companies are facing. the interconnectivity of these networks, it requires that companies have some connectivity. it's not good enough now to put a wall around your company and ensure your perimeter is secure. you have to worry about the companies you're doing business with. because if they are breached and have access to your network because you granted them access, then you become susceptible to an attack. it looks like they were targeted and now netflix will be suffering because it will be released publicly. >> we'll set aside the hacking and talk about the ransom. often these demands are made in ways authorities f

use netflix as an example. love the show but if i want to watch some terrific program on amazon prime video, you can do that if there's nothing stopping you from switching back and forth show to show. or if the two of us, the three of us want to start our own video programming online tomorrow, like we can do that if we can create a show and if it's good we can compete with netflix. i think that's what it is really about and having the customer experience be great online is why companies care about and why we're still fighting for the. >> host: is it in a perverse way kind of an incumbent protection system though when you put things under title ii? >> guest: again, i don't think it's based on title i or title ii service. it's more about what the rules are. so for example, you mention -- one of the earlier proposal and what chairman pai could decide to do is keep it under title ii that allow for paid prioritization. that could happen. that could've been the rules under wheeler and i can be what ajit pai does. you

that is horrible for netflix.he episodes avnet flicks refused to pay undisclosed ransom. netflix responded, we're aware of the situation. a production vendor used by several major tv studios had its security compromised. the appropriate law enforcement authorities are involved. netflix is not the only studio being threatened n a tweet on saturday "the dark overlord" said who is next on list? fox, ifc, natgeo, abc? oh, what fun we're going to have. we're not playing games anymore. shares of netflix right now, brushing it off. we could i believe see the sixth all-time record in a row. not bad. 16th of the year, up 69% year-over-year. >>> to this, how could you not love the though growing up. little house on the prairie. i was obsessed. starring our own melissa francis there on the right, co-host of fox business's "after the bell." no doubt this was a childhood classic for those of you and me of a certain age. what you didn't know is the financial life lessons that were instilled in melissa while on the set that echo

netflix series about teenage suicide was renewed for a second season. coming up at 7:30 the warning now for parents and bay area school districts. >> nicki minaj is offering to pay the college tuition of more than one dozen students nationwide. there is one catch. >>> traffic is moving along on interstate 880 in oakland. it's moving in both directions. we will tell you more about how it's slow in hayward and why. >>> patchy fog not much, sunny and warmer today into tuesday and another cooldown in the extended outlook. >>> welcome back to dashed mornings on 2 nicki minaj may pay for your kids college tuition. >> sign me up in stocks, you may want to consider buying money business. >> my gloves nicki minaj . amazon shares could jump to $1000 per share by summer and 20% in the next year with revenue outpacing cars and amazon stock right now is about $940 per share. that's an update. checking in on the opening bell, coach purchases kate spade. checking in on the broader markets, lower this morning dow jones, live look down 33, 20,000 973 nasdaq down as well

we've been involved with all these companies except for netflix. netflix we added in fall of last year and it's worked well thus far. yes, i think it's just common sense, when a stock or a group of stocks have had a big run, i think it's common sense and good risk management to take a little bit off the table and to trim those positions and bring them closer to where your target allocation might be. that's how we think about it, at least. >> what about amazon crossing that $1,000 mark and closing just below it? is that significant in your work, or not? >> i don't think so. i think $1,000, investors look at that and try to attach significance to it because it's a round number. looking back at the stock over the last five years, today it's on a five-year average. there's nothing out of whack there, it's actually below average as they are converting earnings into free cash flows. >> how do you feel about the market overall? >> things can sometimes get a little bit dicey heading into summertime when there's less volume and some of the traders and inves

we speak to an early investor in companies like netflix, air b&b, and netflix and go daddy on the statef tech. >>> call it the last waltz. walt mossberg is hanging up his gloves and will give us highlights on his long and storied career. back in a moment. (shouting) more power tools. more power suits. (shouting) more power... chords. with customized loyalty programs and data-driven insights, synchrony financial can help bring more... power to your business. >> the congressional budget office and wall street economists think the next decade will be more of the same. >> we reject that pessimism and say we should have gone in and assumed 3.5 to 4% growth that. would be aggressive. >> if we don't bring >>> we are following the ceo shake-up at ford. joining us now, bob lutz, who also held senior leadership positions at ford and bmw. great to see you. i would love to get your take on this ford ceo transition. it seemed a few months ago, we were talking about north american auto sales with a record. we are going to be bringing production back to this country or keeping it here. now, this ceo m

season two of "chelsea" is up on netflix now.read a quote, you can pick whichever one. >> wow, okay. >> and then put them there. >> okay. >> hold on. >> okay, this is the game. [ light laughter ] >> do i need my glasses? >> you need your glasses? >> i'll take one. >> it's kind of big. do you need -- okay. >> okay. >> who wants to go first? >> oh, i'll go first. [ light laughter ] >> okay. okay, try and guess who wrote this. what -- [ laughter ] >> jimmy: that's a good take. that's good. wanda sykes. [ cheers ] chelsea handler and i are answering random questions from random people, after the break. stick around, everybody. [ cheers and applause ] ♪ ♪ sorry about the holdup, folks. we have some congestion on the runway and i'm being told it'll be another 15, maybe 20 minutes, and we will have you on your way. runway models on the runway? surprising. what's not surprising? how much money evan saved by switching to geico. i would not wear that lace. hmm, i don't know? fifteen minutes could save