that's not how netflix is doing.hey are going toe to toe with their competitor >> todd, i want to let you respond to all of that have briefly. >> sure. so i guess i might say that one -- we question whether some of those services are actually competitors or they are actually doing more to help grow the category of subscription video on demand which is how we see it amazon prime video is a great service, you know, hulu has a lot of appeal as well. we actually think that those services are helping move people, viewers no that mode of how they consume content which we think for most viewers it's a much better mode, and it's not so much competing with netflix if you're not stealing subscribers from netflix we think they are actually growing the category. >> all right gentlemen, sorry here we go to the president on made in america week. >> so many great companies, but the gentleman who was in charge of omaha beef, they do beef. he hugged me he wanted to kiss me so badly because he said our business is a whole different bu

and watch netflix. they cite netflix's partnership with altese in france which was announced in q2. in his letter to shareholders, hastings dismissed concerns about competition saying the exclusive nature of content on hbo, amazon and netflix, means they're not direct substitutes for each other an they're all growing, the shift to on-demand internet tv. hastings talking quite a bit an this new renaissance of internet tv we're in right now. melissa? >> julia, thank you so much. julia boorstin in los angeles. >>> another blowout quarter under its belt, is netflix a must-own stock, even up here 10%? i go to david first because you pitched in the fast pitch netflix last week. >> guy backed me 100%. look, it was pretty clear early on in the quarter three weeks into the quarter they basically backed their guy, said they had 40% of the subs that they guided for already booked which is incredible so you look at this number, blowout number obviously have the tempo down, figured out how to guide the street correc

netflix has been so for coming in in. netflix has been so successful.than 5 million subscribers in the last three months, beating expectations. how are they doing it? investing in new content and building a great service. they had 30 millionjust content and building a great service. they had 30 million just a few years ago, now they have more than 100 million. it is all about investing. we looked at some of the figures and sought revenue for the quarter was almost $3 billion. 2.8. they are investing a lot more than they are making. they are investing a lot into acquiring content. they are not making much on the bottom line. they are spending money on cash to get content and are actually losing cash every single quarter. they have the expectation they can double their subscriber base to 2 million. -- 200 million. what will it mean? 50- 3096 profit margin is all the way down to the bottom. if you double that base, it is roughly the same. that will drop to the bottom line. that is the theory. we mentioned china and baidu. it is a market netflix wants to ge

we begin with netflix.eo streaming giant surprised investors overnight with its second quarter earnings. the company added 5.2 million subscribers in the past three months, boosting its global customer base to 104 million. it's a company whose growth reflects the changing culture of tv viewing habits around the world. since its transformation from a dvd rental service to video streaming ten years ago, the firm's share price has rocketed — from just over $3 to more than $160 a share. and netflix is splashing the cash — this year it will spend $6bn on content — that's 25% more than its rival amazon is thought to be spending. it's all in an effort to lure viewers away from traditional tv networks. netflix has been aggressively expanding abroad — and says it is now in more than 190 countries. but with one notable exception — china. in april the firm agreed a deal to licence its content to one of china's biggest streaming sites — which is controlled by baidu. jon porter is the home entertainment editor at tech r

netflix and google, alphabet. and google, alphabet. netflix is a modern tech company, which dominate everyday living, like a lot of those companies do. and subscriber numbers have been enormous. they have been pushing into other areas of the world very successfully. what this story talks about is the fact that a lot of chief executives, the high earners at netflix, are earning their bonuses and hitting their bonuses with what it says "uncanny certainty". they are being hit every quarter without fail. it is bringing into focus how they do that and if the numbers are real. that is the big issue. the problem is they get a salary, which is what you are paid for doing a good job, and the bonus is forgoing above and beyond. and the bonus in the states, where the story co m es the bonus in the states, where the story comes from, is tax deductible. absolutely. if they hit the target, it benefits them and the company. looking at the last number of quarters, they are hitting it. 18 three quarters million in the bonus pot. a

at netflix headquarters in california 11:00 a.m. on wall street. and "squawk alley" is live >> good tuesday morning. welcome to "squawk alley." we're at post 9 at the new york stock exchange this morning. john broad joins us, co-founder and president at confide and roger mack in a my good morning dow soft lows. still down about 100 points. some pressure across the board the nasdaq seven day win streak is in danger of getting cut short. it would be the longest win streak since february of '15 when we had ten straight mike santolli, another bifurcation in the behavior of the financials and tech today. >> you are seeing. that it seems on net the earning that's we have seen have not really given you reason for companies specific optimism. goldman sachs trading down maybe just nothing fresh that's going to get your attention on the bullish side and then johnson & johnson is holding up then you have the overlaf, you know, in congress things seem like there's not a the love forward omentum. even though people think are going to get to tax reform the dolla

let's talk about netflix. are you signed up? i am, i am a big netflix van.ditional analogue television. i'm interested in what this means for traditional television. interested in what this means for traditional televisionlj interested in what this means for traditional television. i think the competition isjust traditional television. i think the competition is just hotting traditional television. i think the competition isjust hotting up. it is all about original content. netflix's real selling point is the fa ct netflix's real selling point is the fact it is creating its own content. with serious like house of cards and oranges to new black. it is really pulling in subscribers. netflix makes up that group of technology companies known as fang, so facebook, alphabet, netflix and google. netflix has said it does not see itself as a disruptive technology company. it sees itself asa technology company. it sees itself as a curator of content. it is all about creating its own content. it is really doing very well. it is interesting. we were discussing it on wor

we do see the netflix.nd s&p turn higher, it would represent another record close after last week. we have a little trading time left. let's see what happens. netflix shares have also been flipping between gains and losses, ever so slightly higher. they report after the close. one of the marquee names for the s&p and the nasdaq. a consumer name. investors are looking for $.25 $3.7hare, and earnings of billion. subscriberrics, adds, is expected to be relatively strong. 3.20 3 million net advertisements based on strong content. season five of "house of cards." we have a very interesting chart on netflix's net adds for subscribers overall. net -- the growth, year.or the subscribers, we see a down trend. the easy comp relative to last year, that dipped lower -- a bit messy. the stock initially dropped on that. if they hit the numbers expected, 3.20 3 million 3.23 million-- subscribers, it should take the growth at or above even. this is a stock in a very volatile space after its earnings report. hit the number,

too late to buy netflix. holy cow yeah negative cash flow an enormous success. i got to love it carolyn in florida >> caller: hi. thanks for taking my call. i would love your opinion on imax i have it in my portfolio. it's going down. i have mixed emotions. should i sell and move on or hold it? >> this thing has and about falling knife. it's been -- i've been watching imax sometimes you have to get out the old knife to realize what imax is doing. that's a difficult catch to me i think the stock is going 18, 17 before it bounces because it's just, the numbers aren't there. if you can handle that level of pain, i can't. john in new york john >> caller: boo-yah, jim. >> boo-yah >> caller: my question is on 12st century fox fox news has added revenues of 3.5% of total company revenue and it took a hit last week. they saved 9 billion of excess cash this kwoumd two of the best value investors buying at these prices what do you think? >> i think it's fine neither here nor there i don't think it has a compelling stor

>> it would be very interesting to see netflix control live sports because netflix is all about control. i agree with you, netflix needs to look into live sports because it is completely out there compared to amazon which is now streaming nfl on thursdays. twitter is doing the same thing. i don't he is see netflix going into live sports way amazon is going taking feeds from cbs or fox but i do think eventually, they would be prudent to introduce live sports in international markets first where they could experiment with it where the, the deals with broadcasters are not as entrenched, maybe find successes there, bring them over to the u.s. melissa: dan, thank you very much for your inhe foe. we appreciate it. david: bold move to stop growing threat from north korea. how its neighbor to the south is working to help end or try anyway, the rogue regime's nuclear weapons program later this hour. retired four-star general jack keane has a very different idea of what should happen weighs in. melissa: the president is standing by his son and the white house is focusing on policy. coming up fox

streaming services. 104 million subscribers now for netflix.these subscriber numbers peaked, or are there still more on the way?” think we will see a saturation here in the us. many people think we have reached that already. it's‘s about international expansion. they are investing a lot into non—english programming. they are also investing in feature films, while they have the bench watching the side of television under wraps, they are looking at longerform television under wraps, they are looking at longer form films. they are working on about 40 films at the moment. i think that is where they will see their future growth come from. but the competition is huge, especially from amazon, who are investing just as much in their original programming because they think they can muscle in on netflix. when you compare the amount of people watching netflix, subscribing, it is more than the number of people that subscribe to traditional cable television. that isa traditional cable television. that is a milestone i don't think we will see goal in the rev

julia boorstin has more on netflix's quarter. >> reporter: netflix continues to grow subscribers faster than expected adding a total of 5.2 million new subscribers in the second quarter, 2 million more than the company projected. it looks like netflix is going to continue to exceed expectations. netflix projecting, a stronger than expected 4.4 million subscribers in the third quarter. so what's driving that growth? a massive amount of new content including 14 new seasons of global netflix original series, 13 original comedy specials, 6 original documentaries and 9 original feature films as the company invests more in movies to debut on netflix first. and it's now easier for consumers to sign up for netflix thanks to new product partnerships such as one the company just announced with cable carrier altese in france. setting up the streaming giant for more growth this year. back over to you. >> thanks very much, julia boorstin. >>> now to the boardroom battle at procter & gamble that could mark a new milestone for shareholder activism. investor nelson peltz of trian is taking on p&g, beco

with netflix, they started licensing their content to netflix and netflix became the rival to start doingthemselves what katzenberg is trying to do is saying, i understand how the media business works and understand you want to get paid as much per minute as you get paid on traditional television and after the license for new tv expired after two years, we'll let you own those rights so what he's trying to salvage here is a world where a traditional tv studio could create a show that's in bite sizes for his platform so ten minutes at a time then after two years expires, go to recreate that for traditional television. >> who was it to close the firestorm saying "game of thrones" should be ten or -- it was some discussion. it needs to be more bite-sized thank you, julia >> the problem of what analog dollars for digital dimes has long been the lament of media. we'll see if that changes over time great story, julia thank you, julia boorstin out west >>> alphabet is rolling out against twitter and facebook they are unveiling the google feed to give users a stream of personalized links about th

a different story for netflix.er the bill. -- after the bell yesterday. -- 4.1 4 million subscribers added. it came at a cost but look at that. up 10% in premarket. we joined now by paul sweeney. here,with us is that he they increased their subscribers. give us the sense to where they came out where you thought they were going to be? >> for the u.s. and internationally, they crushed straight estimates and their own forecasts from a quarter ago. clearly investors continue to focus on subscribers. even though the company says it is time to pivot and look at the profitability of the u.s. business and the international business, investors continue to focus on subscribers. particularly internationally. that is where the next growth will come. david: this is good news for netflix. they have had some misses on the subscriber portion as well. does this indicate that this business is unpredictable? >> it is eerie they do their best to forecast -- it is. they do their best to forecast. like france, germany, and the u.s., eve

my daughter is only on netflix. what's interesting with netflix.s are going up, 6.5 million in the uk, sky have between 12 and 13 million but the numbers are slowing. it says services like netflix, which sky doesn't allow customers to access via its box, they say it's not a direct threat to the business —— sky. and there's negotiations with the football and the new football contracts we've seen before but nonetheless we know where the trend is. we haven't got long but do these men care about being the richest in the world? you know what, this is a problem i would love to have! however rich you are they say there's always someone richer than you! there's the story about jeff bezos being briefly ahead of bill gates as the richest man on the planet. i don't think they necessarily care. at that level it doesn't matter but i would love to have that problem! who knows, one day! may be one of those inventions will do it! that said, have a good day, goodbye. —— maybe. —— that's it. hello there, good morning. yesterday was one of those days where there was

when netflix does not have cash to burn.tis quarter, netflix over half $1 billion in free cash flow. i cannot continue forever. caroline: it certainly cannot. cory johnson, stay with us because i want to go into another company where profit is keen to the eye. it is a stock we are continuing to watch. blue apron toppling 12%. blue apron tried to calm investor fears during the ipo roadshow. amazon meal kit seriously undermines that pitch. amazon gets in everyone's face. it had already been flagged for blue apron. now it is clear. now it is clear it will eat blue apron's lunch. cory: i think the market has this one wrong. amazon is not even in this business yet. if you know anything about the restaurant business, you know food offerings fail all the time. just announcing you will get into a business does not mean you will do it well. blue apron is failing on its own in terms of its marketing expenses spending 25% of revenues on its marketing costs. the cost of adding new subscribers is hundreds of dollars and going way up. the

the problem where they are raising the cost of content, they are raising it for netflix when it netflixoes not have cash to burn. this quarter, netflix lost over a billion dollars in free cash flow, and that cannot continue forever. emily: that was caroline hyde inner editor at large cory johnson. the fortune brainstorm tech conference was in aspen this -- aspen, colorado this week. a big topic was the state of cybersecurity. as the scale and frequency of major hack attacks continue to rise around the world, i spoke with someone with expert knowledge on the subject, retired four-star general and former director of the an essay -- director of the nsa keith alexander. he is now at the helm of iron net cybersecurity. i asked him about the boldness of russian hackers in the u.s. election. keith: it's not just that it's blatant, they were not prepared to defend. you know, so if you left a bag of money on a park bench, and then surprised if somebody stole it, you would say secure your money. and where i think that gets us to a secure your network. we should not be pummeled with this. we got t

shares of netflix shooting higher after monster growth in the second quarter netflix says it added 5.2lion new subscribers. well above the 3.2 million estimated by analysts. most of that growth coming from overseas netfl netflix's ceo said the company's big bet on original content is paying off >> anything notable beyond 5 million net ads in q2, all-time record for q2s up from q1. notable beyond that. i think we're just seeing that the rewards of doing great content focused on the quality of the service are paying off. >> in terms of the financials, netflix earned 15 cents a share last quarter a penny shy of estimates revenues came in stronger than expected up 11% in the premarket. shares reacting to subs growth long-term picture rather than the earnings picture and the short-term valuations are stretched, but with that sub growth exciting f future. >>> apple could be in trouble. ny reports from the economic daily news say the release of iphone8 and shipments of the 77s and 7 plus will be delayed production of the next generation will not start until november or december the flagship r

netflix surge. stocks open higher as a big beat. >> shares of goldman sachs are falling in the premarket despite what was an earnings beat. >> dropping plans to replace obamacare. what that move means for the rest of the trump agenda, issues like taxes and trade first up, netflix is poised to open at a record high. sub growth coming in much better than expected in the second quarter. that news overshadowing the earnings miss. reed hastings on last night's earnings call. >> anything notable beyond 5 million net ads in q2, all-time record for q2, up sequentially from q1. i think we're seeing the rewards of doing great content, focused on the quality of the service are paying off. >> more than 1 million added in the u.s. alone estimate was for like 600 k. people are wondering whether or not the shows are pulling subgrowth demand forward we'll see. >> i have to tell you this is one where i really -- this was a joyous conference call it was a great presentation. i found myself uplifted. i come back after

. >>> plus, netflix reporting after the close. our desk will take their positions on the stock we do have media and tech analysts rich greenfield with us as well. the five things and the five questions he has for that company. he'll tell us first. next for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in drug stores nationwide. prevagen. the name to remember. steve, other than making me move stuff, i'm here at the td ameritrade trader offices. what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. see options data like never before. with thinkorswim only at td ame

netflix with amazon and tesla.zon's made it difficult to judge what it's worth because of how much investors will pay for worldwide domination in retail and web services tesla, if you look at it as a tech company, maybe the valuation could be justified sometimes that's all that matters. stick with cramer. >>>less night's charters for red hat, workday and sales worse, they're ripping. i think he's very, very right. >>> i like to say there's always a bull market somewhere, and i promise to find it for you right here on "mad money." i'm jim cramer, and i will see you tomorrow e entrepreneurs seen investment will face theses seen sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ my name is jackie courtney, and i live in brooklyn, new york. when i got married a year ago, i had a hard time finding a dress that i loved and that i could afford. i, like most brides, want that dream dress that i've seen in magazines. those dresses, however, cost upwards

are seeing in netflix.h more ahead. wanda's negative watch. the reasons behind that, next, at the pressure grows on wanda. this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. anchor: tuesday in hong kong. it is a rainy day out there. the only positive thing is that the markets are murdering. the hang seng index at the highest level since 2015. that is some good news. we are 30 minutes away from asia's first major market open. betty: a little bit brighter over in new york. 7:30 p.m., monday evening. a nice summer, weekday evening in new york. market also close. just mixed i would say. investors are waiting for

technology down 1.3% you think netflix pretty good. but we have our own problems on this side of the atlantic. that's ericsson. ericsson trading at the bottom of the stoxx 600 it posted a bigger than expected loss in the second quarter the telecom equipmentmaker which has its own activist problems as well reporting an operating loss of 1.2 billion swedish krona compared with a profit of 2.8 billion a year earlier ericsson said it expected the mobile infrastructure market to decline by a high single digit percentage this year up from the previous estimate but added planned cost cutting will be accelerated. huge numbers of problems potentially inside the company and in the broader environment the ceo, borje ekholm will join us in ten minutes time shares of lufthansa trading lower. everybody is scratching their head this is the chart i wanted to you look at. three-month move 36% higher off the top of my head this one peaked at about 21 euros, which is greater than the five-year peak so it's trading lower despite the company raising full-y

netflix -- latest earnings.scribing overseas than in the u.s. ♪ ♪ announcer: from our studios in new york city, this is "charlie rose." jonathan: good evening. charlie is away. i'm jonathan karl of abc news. we begin with politics. president trump has been on a state visit to france this week. when he returns to washington, he will find russia is still dominating the news. on thursday, senate republicans released the newest version of the bill to repeal and replace the affordable care act. joining me now, megan murphy, the editor of "bloomberg businessweek." and from washington, mike allen, the cofounder of axios. and yoni appelbaum, the senior editor for politics at "the atlantic."

i want to make a quick point we're going to talk about netflix. we take that call and it's about $14. we divide it by 157, 160, we're getting a move of a little over 8% one of the things about netflix is you see all of these big gaps, all of these big price moves. all of that came from earnings this stock is about three times as volatile around earnings as it is all the rest of the time thing is, maybe this time not so much last earnings we saw relatively muted moves dan actually set up a trade very much like this one that i'm going to use here. i'm looking at the july/september 1.60 call spread. you can pay $9.15 for the september calls, sell the july for 6.45 spending 2.70 to get long. if the stock just sits right here, drifts lower, 2.70 you spent is the most you can lose if it hits, we'll be longer that dated call at a cheap point. i like the setup going into earnings. >> okay. dan, what do you think >> when you do this in a stock like netflix versus microsoft, it's leading to the short side you're playing for that sort of move, you're bullish

i love it i love netflix i have another show on netflix called course and that's an animated show and we're about. i think our fourth season should be released later this year and i love it i watch a ton of netflix i love being able to what's it all now you're another project to see the movie movie right yet cold the little hours above bed yeah i'm up with this book cio it's based on the to cameron from the fourteenth century which is humorous it's sort of like the canterbury tales but about italian nuns and priests and their bad behavior so there is this sort of true oh it's not true but our director jeff sort of took that source material. and then we speak very contemporarily in the movie and it's just a look there are true aspects to it in the fact that women in the fourteenth century didn't become nuns because they were especially religious it was much more about social standing and you know. if they were unwed or if their family didn't have money it was things about like that so this sort of explores the idea that all these women are stuck at this convent but they still have sexu

you take out a netflix issue.id it's an equity linked digital content investment totally lacking in upside potential and it's not for us. the fact that deals like this get done easily should tell you something about today's market climate. this point here is that if you take the equity like investment of netflix, he's asking question as to why that should be reflected in the debt. to some extent it is. if you take a look at quarterly debt of netflix and look at how it is trading, it is trading below the market pricing at the moment. it is trading below where spreads are elsewhere. wise the netflix curve compared to the quarter market? people get excited about the name. does that concern you? we have averall relatively positive view of technology, cable versus some of the more traditional sectors. we actually think that technology stocks and bonds are having a huge impact. these companies are really from the mentally structurally changing the way that investors can generate returns and how really economics globally

the new version will hit netflix 20 years after original aired on pbs. the animated feature includes miss frizzle too takes her

how much will netflix move next week plus, microsoft just hit an all-time high. but if you missed the move, we'll show you how to buy the stock for less than a buck no, we are not dan nathan will break it down. and he correctly called the decline in oil >> i just don't want it. the action begins right now. >> we saw some explosive moves out of these names nvidia searching 12% just this week facebook up nearly 6% and hitting an all time high today microsoft hit a new high today that stock up 5% this week apple has been on a tear, so should you buy these names as we head into earnings season? >> i think it makes sense to be careful. microsoft is up 5% on the week up about 7% over the last couple of weeks here. it's at a new all time high. today. so, as we think b about what we're anticipating, a good quarter and good guidance and it makes sense to think b about e bank stock's reaction today where there was news about what their quarters lookeded like each one had a little piece of news that surprised investors and the stocks were down 2%. they closed decent lichlt

netflix. netflix is something you should have bought yesterday. the rest of this is just fluff netflix up $17 after it reported 5.2 -- >> million >> you can't have a point 2 -- point 2 subscriber unity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e300 for $569 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad. is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. >>> welcome back joining us for a check on the broader markets is jack lacheney and on set with us is eddie perkin gentlemen, thank you for being here mark, let's ask you first wh

netflix forecast that they would add 3.2 million new subscribers in q-2 investors are hoping it willop that number. since the second quarter is usually the slowest for new subscribers, even more important is the growth number that netflix forecasts for the third quarter. anlives are looking for nearly four million new subscribers then with over 80% of those coming from overseas according to facts they expect investment in original content and international expansion to pay off, projecting 31% revenue growth to $2.8 billion and earnings growth of 63% to 16 cents per share. analysts are also bullish on netflix's new content lineup new series such as "glow" and "13 reasons why" plus the return of marquee content including "orange is in the new black" should drive new additions international down loads of the netflix app. the big question then is how much all of that new original content is going to cost netflix and how much it's going to weigh on profitability we're looking for an update on the $6 billion that hastings said netflix will spend on original on content this year in 2017 and

stocks and netflix is really the key factor here, that fresh all-time high for netflix following strongber growth and a huge surge today, but facebook, amazon, also hitting all-time highs today. apple not really a big contributor, but it has turned positive combined, those stocks today account for about two-thirds of the nasdaq 100 gains other all-to imhighs contain paypal and also seeing their hasbro, adobe and priceline, all the usual suspects, bill back to you. >> yes, they are thank you, bertha, very much so there's the nasdaq story. the dow story, the financials, the drag there on the open this morning we were down as much as 150 points on the industrial average, but we have since come back goldman sachs has been the big dural. let me highlight not just the dow but the dollar that continues lower. as rick santelli was pointing out, pointing out yields moving lower but real the continued decline of the dollar is getting a lot of traders' attention. the dollar indexed peaked at 1.03 earlier this year we're now trading in the 94 range so a huge decline for the dollar against the major

. >> well, frank, we do have just one question how much will netflix move on earnings next week >>> plus, microsoft just hit an all-time high, but if you missed the move, we'll show you how to buy the stock for less than a buck >> are you kidding me, sir >> no, we are not. dan nathan will break it down. >>> and, he correctly called the decline in oil >> i just don't want it. i want to be short energy. >> but now the chart master sees something different and he's ready to make an even bolder call the action begins right now. ♪ ♪ >>> let's get right to it. the tax sector just posted its best week since december nvidia surging another 12% this week facebook up nearly 6% and hitting an all-time high today microsoft also hit a new high today, up 5% this week apple and alphabet have been on a tear so should you buy any of these names as we head into earnings season let's get in the money right now. what do you say? >> i think it makes sense to be careful at this point. microsoft's up 5% on the week, up 7% over the last couple weeks here, right at a new all-time high today so as we think about

coming up, netflix scorches the subscriber forecast. why content is king. , we discuss the platform how they work without a ceo at the wheel. leaders converge on colorado to exchange ideas on the fortune brainstorm tech conference. resultsearnings exceeded expectations. there is little room for the error. shares climbed 30% this year. they delivered on a key step, adding subscribers. a big portion came from outside the united states. caroline hyde sat down with cory johnson. johnson: they don't see the financial results. what they see is a business that might someday generate the results. how do you have the cash loan to paper all that content? by having subscribers that pay every month. they see an accumulation of subscribers who are sending credit card numbers in and the payments keep flowing through. like will be a geography the united states and canada that are profitable and that's the future for the rest of the world for netflix. users, for04 million the first time international users will bring them a prophet. we are looking at t

we also have netflix, subscriber growth, better than estimated.nternational audience is now bigger than that in the u.s. the shares are up 9%. harley davidson, another big disappointment here, the stock down the most in the s&p 500. it has cut its in will forecast for motorcycle shipments. we are seeing less demand for motorcycles. one of the things of that has really crimped what is going on with the trading earnings is the lack of volatility. we have talked about that so much in the first half of the year. take a look at the bloomberg, this is another look at it. it is a look at the vix and the move index, bond volatility, going back to 1998. you have seen the lows we see for both, less trading activity for the bank. i also wanted to mention what is going on in the dollar, because there has been a little more volatility on a relative basis. the bank remind you, for international settlements said earlier this year, that the dollar was the new risk proxy. the vix wasn't capturing it. if you look at your today, the dollar has been falling even as t

million added, over 100 million subscribers for netflix.tle bit of a head scratcher, people spending less time watching netflix even though there are more subscribers and caused pause for thought. the share price up 10% on the good subscriber number. >> maybe because it's summer, we're all outside at the beach or pool. maybe that will change. thank you very much. >>> love came together at a brooke concert. >>> which new iconic role is alec baldwin taking on? we'll fill you in next. do yno, not really. head & shoulders? i knew that not the one you think you know the tri action formula cleans removing up to 100% of flakes protects and even moisturizes for sofia vergara hair only tylenol® rapid release gels have laser drilled holes. they release medicine fast, for fast pain relief. tylenol® wall? with up to 24 grams of hearty protein jimmy dean bowls help you avoid it. shine on. how dixie ultra plates?roved with two pounds of steak. in each hand. dixie ultra